伟业控股(01570.HK)发布公告，预计截至2025年6月30日止6个月取得本公司拥有人应占亏损约人民币 2300万元，而截至2024年6月30日止6个月则取得本公司拥有人应占亏损约人民币6300万元。有关预期亏 损减少主要归因于于截至2024年6月30日止6个月已确认开发物业及预付费用减值亏损人民币5100万元; 及截至2025年6月30日止6个月本集团内部实施成本管控措施，使行政费用得以减少。 本文源自：金融界AI电报 ...

智通财经APP讯，伟业控股(01570)发布公告，预计截至2025年6月30日止6个月取得本公司拥有人应占亏 损约人民币2300万元，而截至2024年6月30日止6个月则取得本公司拥有人应占亏损约人民币6300万元。 有关预期亏损减少主要归因于于截至2024年6月30日止6个月已确认开发物业及预付费用减值亏损人民币 5100万元;及截至2025年6月30日止6个月本集团内部实施成本管控措施，使行政费用得以减少。 ...

格隆汇8月8日丨伟业控股(01570.HK)发布公告，公司预计截至2025年6月30日止六个月录得公司拥有人 应占亏损约人民币23,000,000元，而截至2024年6月30日止六个月则录得公司拥有人应占亏损约人民币 63,000,000元。有关预期亏损减少主要归因于(i)于截至2024年6月30日止六个月已确认开发物业及预付费 用减值亏损人民币51,000,000元；及(ii)截至2025年6月30日止六个月集团内部实施成本管控措施，使行 政费用得以减少。 ...

伟业控股(01570)发布公告，预计截至2025年6月30日止6个月取得本公司拥有人应占亏损约人民币2300 万元，而截至2024年6月30日止6个月则取得本公司拥有人应占亏损约人民币6300万元。有关预期亏损减 少主要归因于于截至2024年6月30日止6个月已确认开发物业及预付费用减值亏损人民币5100万元;及截 至2025年6月30日止6个月本集团内部实施成本管控措施，使行政费用得以减少。 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示，概 不 對 本 公 告 全 部 或 任 何 部 分 內 容 而 產 生 或 因 依 賴 該 等 內 容 而 引 致 的 任 何 損 失 承 擔 任 何 責 任。 （香港股份代號：1570） （於新加坡共和國註冊成立的有限責任公司） 正面盈利預告 本 公 告 由 偉 業 控 股 有 限 公 司（「本公司」，連 同 其 附 屬 公 司 統 稱「本集團」）依 據 香 港 聯 合 交 易 所 有 限 公 司 證 券 上 市 規 則（「上市規則」）第13.09條及證券及期貨條例 （香 港 法 例 第571章）（「證券及期貨條例」）第XIVA部 的 內 幕 消 息 條 文 發 出。 本 公 司 董 事（「董 事」）會（「董事會」）謹 此 通 知 本 公 司 股 東 及 潛 在 投 資 者，基 於 對 本集團目前可得的截至2025年6月30日止六個月未經審核綜合管理賬目的初步 審 閱，預 計 截 至2025年6月30日止六個月錄得本公司擁有人應佔虧損約人民幣 2 ...

有關截至2022年、2023年 及2024年12月31日止年度的 年報之補充公告 茲 提 述 偉 業 控 股 有 限 公 司（「本公司」，連 同 其 附 屬 公 司，統 稱「本集團」）截 至2022 年、2023年 及2024年12月31日 止 年 度 的 年 報（「該等年報」）。除 文 義 另 有 所 指 外， 本 公 告 所 用 詞 彙 與 該 等 年 報 所 界 定 者 具 有 相 同 涵 義。 董事會謹此根據上市規則附錄D2就 於2022年11月15日獲委任為本公司首席執 行 官 的 洪 軍 利 先 生（「洪先生」）的 酬 金 提 供 以 下 補 充 資 料。 洪先生截至2022年、2023年 及2024年12月31日 止 年 度 的 酬 金 載 列 如 下： 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示，概 不 對 本 公 告 全 部 或 任 何 部 分 內 容 而 產 生 或 因 依 賴 該 等 內 容 而 引 致 的 任 何 損 失 承 擔 任 何 責 任。 （香港股份代號：15 ...

Real Estate Performance - The total net saleable floor area transferred to customers for the year ended December 31, 2024, was approximately 3,340 square meters, a decrease of about 96% compared to 92,503 square meters in the same period of 2023[19]. - The sales revenue from the real estate business was approximately RMB 43.1 million, representing a year-on-year decrease of about 97%[19]. - The company has 27 completed real estate projects with a total construction area of approximately 3,145,569 square meters as of December 31, 2024[9]. - The company has 16 completed real estate projects in Henan province as of December 31, 2024, focusing on resource integration and business development[35]. - The real estate market in Zhengzhou has seen a significant decline in volume and price, but government policies and infrastructure improvements are expected to stabilize the market[34]. - The company has 8 real estate projects in Hainan, with 6 completed and 1 under development[46]. - The company has 4 completed real estate projects in the Yangtze River Delta region as of December 31, 2024, with plans to expand in the "Shanghai one-hour economic circle"[54]. - The company has 1 completed real estate project in the Greater Bay Area as of December 31, 2024, with a focus on the Shenzhen one-hour economic circle[63]. - The property development business generated revenue of approximately RMB 43.1 million for the year ending December 31, 2024, down approximately 97% year-on-year, with major contributions from projects such as Xijingfu and Weiye Shangcheng[69]. - Gross profit for the property development business was approximately RMB 11.7 million, a significant decrease of about 88% compared to 2023, while the gross margin increased from 6% to 27% due to higher-margin commercial unit sales[69]. Strategic Direction - The company plans to expand "light asset financing and construction projects" in economically active regions such as the Yangtze River Delta while ensuring cash flow and survival[18]. - The company aims to adapt to the new real estate development model by collaborating with state-owned platform companies to undertake high-quality market projects[19]. - The company is shifting its development strategy from "growing larger" to "refining and specializing" in response to market conditions and government policies[19]. - The company will focus on optimizing resources and investment-operation models to align with policy support and market demand[19]. - The company aims to strengthen strategic partnerships in 2024 to enhance performance in traditional real estate projects and reduce operational risks through collaboration[21]. - In 2025, the company plans to explore new business opportunities and improve cash flow from existing assets while focusing on the transformation of traditional real estate through industrial development[22]. - The company emphasizes cost control by optimizing project cost structures and ensuring budget compliance to minimize risks and protect profit targets[23]. - The company is actively seeking strategic partners for joint development and infrastructure projects to maximize resource integration and minimize capital occupation[23]. Financial Overview - Total revenue for the year ending December 31, 2024, is approximately RMB 43.1 million, a decrease of about 97% compared to the same period in 2023[67]. - Net loss attributable to shareholders for the year ending December 31, 2024, was approximately RMB 311.3 million[67]. - Total assets decreased to RMB 3,698.1 million as of December 31, 2024, down from RMB 3,859.0 million in 2023[66]. - Total liabilities increased to RMB 2,378.1 million as of December 31, 2024, compared to RMB 2,131.1 million in 2023[66]. - Net financial expenses increased by approximately 141% to RMB 44.7 million due to an increase in loans and borrowings[75]. - Selling and distribution expenses decreased by approximately 53% to RMB 5.5 million, primarily due to reduced promotional activities for real estate projects[72]. - Administrative expenses decreased by approximately 13% to RMB 38.7 million, attributed to effective cost control measures[73]. - As of December 31, 2024, the company's net current assets were approximately RMB 1,029,600,000, a decrease of about 28% compared to the same period in 2023[78]. - The total outstanding loans and borrowings amounted to approximately RMB 988,600,000 as of December 31, 2024[78]. - The employee benefits expense totaled approximately RMB 27,900,000 for the year ended December 31, 2024, down from RMB 38,600,000 in 2023[81]. - The net capital debt ratio was approximately 73% as of December 31, 2024, compared to 43% on December 31, 2023[85]. Corporate Governance - The company has maintained high standards of corporate governance to enhance value for customers and shareholders[104]. - The board of directors is responsible for overseeing the company's policies, strategies, and financial performance, ensuring compliance with the Hong Kong Stock Exchange listing rules[105]. - The audit committee, nomination committee, and remuneration committee play crucial roles in ensuring good corporate governance within the company[106]. - The company has been compliant with the Hong Kong Corporate Governance Code throughout the fiscal year ending December 31, 2024[104]. - The board consists of a majority of independent non-executive directors, with three independent directors making up over half of the board[114]. - The company has established a robust internal control and risk management framework to safeguard its assets and ensure accurate financial reporting[105]. - The board has adopted a training program for new directors to familiarize them with the company's operations, strategies, and governance practices[113]. - The company has mechanisms in place for informal meetings between the executive chairman and independent directors to discuss financial performance and governance matters[115]. - The company has established a comprehensive code of conduct and conflict of interest policies to prevent illegal and improper behavior among employees[146]. Employee and Shareholder Engagement - The company expresses gratitude to management and employees for their contributions and encourages shareholders to continue providing strategic insights for future development[24]. - The company has reduced its workforce to 42 employees as of December 31, 2024, down from 277 in 2023[81]. - The gender ratio among employees is approximately 50% male to 50% female, reflecting the company's commitment to diversity[191]. - Shareholders have the right to attend and participate in general meetings, where they can express their views and ask questions regarding the company's operations[148]. - The company ensures that all shareholders are treated equally and are informed of significant developments affecting the group in a timely manner[148]. Market Conditions and Opportunities - The Hainan Free Trade Port is experiencing rapid development, with significant investments in infrastructure and real estate, supported by improved business environment regulations[39]. - Hainan's GDP has increased significantly from less than RMB 6 billion to nearly RMB 500 billion, establishing it as a renowned tourist destination[45]. - The real estate market in Hainan is experiencing strong demand despite insufficient supply, with a focus on government-supported housing models[45]. - The Yangtze River Delta region continues to maintain a leading economic position in China, with stable growth and a focus on prudent real estate financial management[51]. - The Guangdong-Hong Kong-Macao Greater Bay Area is transitioning to high-quality financial development, enhancing financial support for regional growth[59]. - The real estate market in the Greater Bay Area is entering a new phase focused on stabilizing housing prices, with policies aimed at ensuring a healthy market[62].

Financial Performance - Total revenue for the year ended December 31, 2024, was RMB 1,528,212,000, a decrease from RMB 1,571,343,000 in 2023, representing a decline of approximately 2.7%[4] - Gross profit for the year was RMB 97,301,000, compared to RMB 97,301,000 in 2023, indicating no change in gross profit margin[4] - The net loss for the year was RMB 405,699,000, significantly higher than the net loss of RMB 95,621,000 in 2023, reflecting an increase of approximately 324%[5] - Basic and diluted loss per share for the year was RMB 158.72, compared to RMB 26.83 in 2023, indicating a substantial increase in loss per share[5] - The company reported a loss from continuing operations of approximately RMB 413,400,000 for the year[12] - The net loss attributable to the company's owners for 2024 was RMB 311,294 thousand, compared to a loss of RMB 52,632 thousand in 2023, indicating a substantial increase in losses[22] - The group reported a pre-tax loss from continuing operations of RMB 319,149,000 for 2024, compared to RMB 53,762,000 in 2023, indicating a significant increase in losses[30] Assets and Liabilities - Total non-current assets decreased to RMB 702,725,000 in 2024 from RMB 882,264,000 in 2023, a decline of approximately 20.4%[6] - Current assets totaled RMB 2,995,424,000, slightly up from RMB 2,976,762,000 in 2023, showing a marginal increase of about 0.6%[6] - Total liabilities increased to RMB 1,965,865,000 in 2024 from RMB 1,542,205,000 in 2023, representing an increase of approximately 27.6%[6] - The total liabilities for the company increased to RMB 2,378,131 thousand in 2024 from RMB 2,131,086 thousand in 2023, representing an increase of approximately 11.6%[22] - The net assets of the company decreased from RMB 1,727,940,000 in 2023 to RMB 1,320,018,000 in 2024, indicating a decline of about 24%[7] - The company's total equity also fell from RMB 1,727,940,000 in 2023 to RMB 1,320,018,000 in 2024, a decrease of approximately 24%[7] - The total amount of loans and borrowings increased to RMB 988,594,000 in 2024 from RMB 810,187,000 in 2023, reflecting a rise in financing needs[39] Operational Highlights - The company plans to focus on market expansion and new product development in the upcoming fiscal year[3] - The company has not experienced significant changes in its main business operations, focusing on residential and commercial property development in China[9] - The company is adjusting sales and pre-sale activities to meet budgeted sales and pre-sale amounts for property projects[16] - The company is actively negotiating with the Zhengzhou Jinshui Science and Technology Park Management Committee regarding project completion assessments[16] Revenue Streams - For the year ending December 31, 2024, the revenue from continuing operations was RMB 43,131 thousand, a significant decrease from RMB 1,528,212 thousand in 2023[22] - The total revenue from discontinued operations was RMB 60,450 thousand in 2024, compared to RMB 84,027 thousand in 2023, reflecting a decline of approximately 28.1%[22] - The company reported a 97% decrease in revenue from property development, down to RMB 43,131 thousand from RMB 1,528,212 thousand in 2023[49] - The equipment manufacturing business generated revenue of approximately RMB 60,500,000 before being classified as discontinued operations as of December 31, 2024[52] Expenses and Cost Management - The company reported a significant increase in administrative expenses, totaling RMB 38,680,000 in 2024 compared to RMB 44,237,000 in 2023, reflecting a decrease of about 12.5%[4] - Selling and distribution expenses were approximately RMB 5,500,000, a decrease of about 53% compared to 2023, mainly due to reduced promotional and marketing activities for real estate projects[54] - Administrative expenses were approximately RMB 38,700,000, a decrease of about 13% compared to 2023, attributed to effective cost control measures[55] - Other operating expenses increased by approximately RMB 64,400,000 to about RMB 73,000,000, mainly due to increased impairment losses on investment properties and subsidiaries[56] Financial Position - Cash and cash equivalents were reported at approximately RMB 7,700,000, excluding restricted cash of about RMB 23,500,000[12] - The net current assets were approximately RMB 1,029,600,000, a decrease of about 28% compared to 2023, mainly due to increases in loans and trade payables[61] - The net debt-to-equity ratio increased to approximately 73% as of December 31, 2024, compared to 43% in 2023[62] Corporate Governance and Compliance - The company has maintained full compliance with the corporate governance code throughout the year ended December 31, 2024[71] - The audit committee has reviewed the annual performance and confirmed that it was prepared in accordance with applicable accounting standards and regulations[70] Future Outlook - The company aims to expand its projects through collaboration and resource integration, focusing on minimizing capital occupation[66] - The company emphasizes cost management from a profitability perspective, optimizing project cost structures to reduce enterprise risk[65] - The company plans to apply new accounting standards related to financial instruments and disclosures starting from 2026[45] Shareholder Information - The board did not declare or recommend any dividends for the year ending December 31, 2024[41] - The company did not declare or recommend any final dividend for the year ended December 31, 2024, consistent with 2023[73] - The company has not engaged in any buybacks, redemptions, or sales of its listed securities during the year ended December 31, 2024[68] Employee Information - As of December 31, 2024, the group had 42 employees, a decrease from 277 employees in 2023[67] - Total employee benefits expenses for the year ended December 31, 2024, amounted to approximately RMB 27,900,000, down from RMB 38,600,000 in 2023[67]

Financial Performance - For the fiscal year ending December 31, 2024, total revenue was RMB 1,528,212,000, a decrease from RMB 1,572,343,000 in 2023, representing a decline of approximately 2.8%[4] - The gross profit for the year was RMB 97,301,000, compared to RMB 97,301,000 in the previous year, indicating no change in gross profit margin[4] - The net loss for the year was RMB 405,699,000, significantly higher than the net loss of RMB 95,621,000 in 2023, reflecting an increase in loss of approximately 324%[5] - The company reported a significant increase in operating expenses, totaling RMB 370,345,000, compared to RMB 28,589,000 in the previous year, marking an increase of approximately 1,295%[4] - The company’s basic loss per share for the year was RMB 158.72, compared to RMB 26.83 in 2023, indicating a significant increase in loss per share[5] - The company’s total comprehensive loss for the year was RMB 390,074,000, compared to RMB 98,736,000 in 2023, reflecting an increase of approximately 295%[5] - The group reported a loss from operations of RMB (361,438) thousand for the year 2024, compared to a loss of RMB (27,530) thousand in 2023[22] - The group’s loss attributable to owners for the year 2024 was RMB (311,294) thousand, compared to RMB (52,632) thousand in 2023, indicating a worsening financial position[22] - The pre-tax loss from continuing operations for 2024 was RMB 319,149,000, compared to RMB 53,762,000 in 2023, indicating a significant increase in losses[29] - The basic and diluted loss per share from continuing operations for 2024 was RMB (162.72), up from RMB (27.41) in 2023, reflecting a worsening financial performance[30] Assets and Liabilities - The total assets as of December 31, 2024, were RMB 2,995,424,000, slightly up from RMB 2,976,762,000 in 2023, showing a growth of about 0.6%[6] - The current liabilities increased to RMB 1,965,865,000 from RMB 1,542,205,000 in 2023, representing an increase of approximately 27.6%[6] - The company’s non-current assets decreased to RMB 702,725,000 from RMB 882,264,000 in 2023, a decline of approximately 20.4%[6] - The total non-current liabilities decreased from RMB 588,881,000 in 2023 to RMB 412,266,000 in 2024, representing a reduction of approximately 30%[7] - The net assets of the company decreased from RMB 1,727,940,000 in 2023 to RMB 1,320,018,000 in 2024, indicating a decline of about 23.6%[7] - The total equity attributable to owners decreased from RMB 1,289,331,000 in 2023 to RMB 987,553,000 in 2024, reflecting a decrease of approximately 23.5%[7] - As of December 31, 2024, the total loans and borrowings amounted to approximately RMB 988,600,000, with RMB 854,000,000 classified as current borrowings[12] - The total loans and borrowings increased to RMB 988,594,000 in 2024 from RMB 810,187,000 in 2023, indicating a rise in financial leverage[39] Cash Flow and Financial Management - The company’s cash and cash equivalents decreased to RMB 31,220,000 from RMB 61,553,000 in the previous year, a decline of approximately 49.1%[6] - Cash and cash equivalents were reported at approximately RMB 7,700,000, excluding restricted cash of about RMB 23,500,000[12] - The group’s net financial expenses for 2024 amounted to RMB (54,017) thousand, compared to RMB (22,983) thousand in 2023, indicating an increase in financial costs[26] - Net financial expenses increased by approximately 141% to about RMB 44,700,000, primarily due to an increase in loans and borrowings[57] - The net debt-to-equity ratio increased to approximately 73% as of December 31, 2024, compared to 43% in the previous year[62] Revenue Breakdown - For the year ending December 31, 2024, the group reported external customer revenue of RMB 43,131 thousand from continuing operations, a significant decrease from RMB 1,528,212 thousand in 2023[22] - The company reported a 97% decrease in revenue from property development, down to RMB 43,131 thousand from RMB 1,528,212 thousand in 2023[49] - The gross profit for property development was approximately RMB 11,700,000, a significant decrease of about 88%, while the gross margin increased from 6% to 27% due to higher margin sales from commercial units[51] - Revenue from equipment manufacturing decreased by 28% to RMB 60,450 thousand, with a consistent gross profit margin of 28%[49] - The equipment manufacturing business generated revenue of approximately RMB 60,500,000 before being sold on October 15, 2024, allowing the company to reallocate financial resources for future development[52] Operational Changes and Strategies - The company is actively negotiating with the Zhengzhou Jinshui Science and Technology Park Management Committee regarding project completion assessments and loan repayment extensions[16] - The company is adjusting sales and pre-sale activities to meet budgeted sales and pre-sale amounts for property projects[16] - The company has not experienced significant changes in its main business operations, focusing on residential and commercial property development in China[9] - The company aims to enhance cost management by optimizing project cost structures and increasing control over operational costs[66] - The group plans to continue expanding its financing business and integrating resources to maximize funding efficiency[65] - The company plans to explore new business opportunities and enhance cash flow while continuing to advance the transformation of traditional real estate through industrial integration[64] Employee and Corporate Governance - As of December 31, 2024, the group had 42 employees, a decrease from 277 employees in 2023[67] - Total employee benefits expenses for the year ended December 31, 2024, amounted to approximately RMB 27,900,000, down from RMB 38,600,000 in 2023[67] - The audit committee has reviewed the annual performance and confirmed compliance with applicable accounting standards and regulations[70] - The board did not declare or recommend any dividends for the year ending December 31, 2024[41] - The company did not declare or recommend any final dividend for the year ended December 31, 2024[73] - The group has not engaged in any purchases, redemptions, or sales of its listed securities during the year ended December 31, 2024[68] - The company expresses gratitude to the management team and employees for their efforts in creating higher value[81] Future Outlook and Reporting - The company has adopted all new and revised International Financial Reporting Standards effective from January 1, 2024[43] - The company anticipates no significant impact on its financial statements from the newly adopted accounting standards[44] - The company plans to apply new accounting standards related to financial instruments and disclosures starting from 2025 and 2026[45] - The company expects to evaluate the detailed impact of new accounting standards on its financial statements[47] - The annual report for the year ending December 31, 2024, will be published on the Hong Kong Stock Exchange and the company's website[80] - Trading of the company's shares was suspended on April 1, 2025, pending the release of the annual performance announcement[82] - The company has applied for the resumption of trading of its shares on May 2, 2025[82] - The executive chairman of the company is Chen Zhiyong, with independent non-executive directors including Liu Ning, Dong Xincheng, and Chen Shimin[84]

Financial Performance - The company's revenue for the six months ended June 30, 2024, was approximately RMB 58.716 million, a significant decrease from RMB 1,352.004 million for the same period in 2023[4] - The gross profit for the same period in 2024 was RMB 20.989 million, compared to RMB 53.390 million in 2023, indicating a decline in profitability[4] - The company reported a loss attributable to owners of RMB 71.710 million for the six months ended June 30, 2024, compared to a loss of RMB 41.838 million in the previous year[4] - The company reported a net loss of RMB 63,858 thousand for the six months ended June 30, 2024, compared to a net loss of RMB 56,684 thousand in the prior year[34] - The company reported a total comprehensive loss of RMB (71,710) thousand for the period, primarily due to losses in retained earnings[41] - The company’s total comprehensive loss for the period was RMB 63,493 thousand, compared to RMB 61,973 thousand in the previous year[35] - The company reported a pre-tax loss of RMB 85,248 thousand for the first half of 2024, compared to a profit of RMB 21,390 thousand in the same period of 2023[47] - For the six months ended June 30, 2024, the company reported a pre-tax loss of RMB 71,710,000, compared to a pre-tax loss of RMB 41,838,000 for the same period in 2023, indicating a significant increase in losses[56] Property Development Segment - The property development segment's revenue dropped from approximately RMB 1,311.600 million in 2023 to about RMB 32 million in 2024, with a significant reduction in the net saleable area delivered to customers[6] - The total net saleable area delivered in the property development business was approximately 2,103 square meters in 2024, a significant decline from 80,294 square meters in 2023[6] - Property development segment reported external customer revenue of RMB 31,985 thousand for the first half of 2024, a significant decrease from RMB 1,311,593 thousand in the same period of 2023[47] - Total assets for the property development segment as of June 30, 2024, were RMB 3,898,237 thousand, an increase from RMB 3,768,270 thousand as of December 31, 2023[49] Equipment Manufacturing Segment - The equipment manufacturing segment's revenue decreased by approximately 34% from RMB 40.400 million in 2023 to about RMB 26.700 million in 2024, attributed to economic uncertainties in Southeast Asian markets[8] - The equipment manufacturing segment generated external customer revenue of RMB 26,731 thousand in the first half of 2024, down from RMB 40,411 thousand in the previous year[47] - Total liabilities for the equipment manufacturing segment were RMB (21,784) thousand as of June 30, 2024, compared to RMB (25,920) thousand as of December 31, 2023[49] Expenses and Cost Management - Sales and distribution expenses for the six months ended June 30, 2024, decreased by approximately 75% compared to the same period in 2023, mainly due to reduced promotional and marketing activities[9] - Administrative expenses for the six months ended June 30, 2024, decreased by approximately 6% compared to the same period in 2023, primarily due to effective cost control measures implemented by the group[10] - Interest expenses rose to RMB (18,507) thousand in the first half of 2024, compared to RMB (15,243) thousand in the same period of 2023, reflecting an increase of about 14.87%[53] Cash Flow and Financial Position - The company’s cash and cash equivalents decreased to RMB 54,855 thousand from RMB 61,553 thousand as of December 31, 2023[36] - Cash and cash equivalents at the end of June 30, 2024, were RMB 18,083 thousand, down 82.1% from RMB 100,964 thousand at the end of June 30, 2023[39] - The company’s restricted cash decreased significantly, reflecting a reduction in financing activities[39] - The company’s cash and bank balances decreased to RMB 54,855 thousand from RMB 138,730 thousand year-on-year[39] - The company’s total loans and borrowings as of June 30, 2024, were RMB 1,012,978,000, compared to RMB 810,187,000 as of December 31, 2023, reflecting an increase in debt[60] - The net capital debt ratio as of June 30, 2024, was approximately 58%, up from about 43% on December 31, 2023[23] - As of June 30, 2024, the net debt ratio increased to 58% compared to 43% on December 31, 2023, with net debt amounting to RMB 958,123 thousand[69] Shareholder Information - Major shareholders include Mr. Zhang Wei, holding approximately 46.41% of the shares, and Mr. Chen Zhiyong, holding approximately 20.52%[16][18] - The company did not declare any interim dividend for the six months ended June 30, 2024[28] - The company did not declare or recommend an interim dividend for the six months ended June 30, 2024, consistent with the previous year[63] Corporate Governance and Compliance - The company maintained its compliance with the corporate governance code throughout the reporting period[27] - The company has not adopted any new accounting standards that would significantly impact its financial position or performance during the reporting period[44] Employee Information - The group had 243 employees as of June 30, 2024, down from 283 in 2023, with total employee benefits expenses amounting to approximately RMB 15,100,000[20] - The company reported a total remuneration of RMB 1,580 thousand for key management personnel for the six months ended June 30, 2024, down from RMB 1,797 thousand for the same period in 2023[76] Strategic Outlook - The company aims to enhance its market presence and explore new strategies to recover from the current financial downturn[5] - The group anticipates continued challenges in the global economic environment, particularly in the real estate sector in China, and plans to adjust its business strategy accordingly[15] - The company continues to focus on developing residential and commercial properties in China, as well as HVAC and cleanroom equipment production and trade[42] Other Information - No significant acquisitions or disposals of subsidiaries occurred during the six months ended June 30, 2024[22] - There were no significant events after the reporting period up to the date of the report[29] - The company has no stock option plans as of June 30, 2024[70]