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，並明確表示概不會對因本公告 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。 （於開曼群島註冊成立的有限公司） （股份代號：1803） 2022年 年 度 業 績 公 告 北京體育文化產業集團有限公司（「本公司」）董事會（「董事會」及「董事」）宣佈本 公司及其附屬公司（統稱「本集團」）截至2022年12月31日止年度（「本年度」）的綜 合年度業績，連同去年同期之比較數字如下： 綜合損益及其他全面收益表 截至2022年12月31日止年度 2022年 2021年 附註 千港元 千港元 收益 4 68,571 218,721 銷售成本及建造服務成本 (54,400) (162,020) ...

Financial Performance - The Group recorded revenue of HK$23.5 million for the six-month period ended 30 June 2022, a decrease of 73.5% compared to HK$88.9 million in the corresponding period of 2021[9]. - Gross profit for the Current Period was HK$3.0 million, down from HK$16.2 million in the corresponding period, resulting in a gross profit margin decline from 18.2% to 12.8%[9]. - The sports and entertainment business generated revenue of HK$23.2 million from air dome construction services, a significant drop from HK$73.5 million in the corresponding period[9]. - Revenue from related consultation and management services was HK$0.3 million, compared to HK$15.4 million in the corresponding period, indicating a substantial decrease[9]. - The decline in revenue was primarily due to the reduction in new construction projects and delays caused by the resurgence of Covid-19 in various provinces of the PRC[9]. - The net loss for the Current Period was HK$24.9 million, compared to a net loss of HK$1.1 million in the corresponding period[9]. - Other income and gains or losses decreased to approximately HK$5.9 million from HK$9.6 million in the corresponding period, primarily due to a HK$4.1 million decrease in foreign exchange gains[23]. - Selling expenses decreased by 23.0% to approximately HK$4.0 million, accounting for 17.0% of the Group's revenue in the current period[24]. - Administrative expenses increased by approximately 15.5% to HK$22.3 million, driven by a HK$1.8 million increase in research and development costs[25]. - The Group recorded a loss attributable to owners of the Company of HK$17.1 million, compared to a loss of approximately HK$1.2 million in the corresponding period[32]. - Basic loss per share was approximately HK$1.21 cents, compared to HK$0.08 cents in the corresponding period[32]. Cash Flow and Liquidity - As of June 30, 2022, the Group had cash and bank balances of approximately HK$77.6 million, down from HK$79.7 million as of December 31, 2021[35]. - The net cash outflow from operating activities for the current period was approximately HK$37.9 million, compared to an inflow of approximately HK$12.9 million in the corresponding period[35]. - The Group's interest-bearing borrowings were approximately HK$32.1 million as of June 30, 2022, down from HK$39.3 million as of December 31, 2021, with a gearing ratio of 6.8%[38]. - Current assets were approximately HK$282.9 million and current liabilities were approximately HK$126.1 million, resulting in a current ratio of 2.24 as of June 30, 2022, compared to 2.02 as of December 31, 2021[40]. - The fair value loss on debt investments recognized in the statement of other comprehensive income amounted to HK$3.8 million, compared to HK$0.1 million in the corresponding period, indicating credit deterioration[42]. Investments and Assets - The Group's total assets as of June 30, 2022, were impacted by the fair value changes of corporate bonds, with specific issuers showing significant impairments[46]. - The investment return from wealth management products recognized in the profit or loss statement amounted to approximately HK$1.5 million, a significant increase from HK$0.1 million in the corresponding period[51]. - The fair value of wealth management products as of June 30, 2022, was RMB 6,001,000, representing 1.48% of the Group's total assets[53]. - The yield on the wealth management product from China Minsheng Bank was 4.53%, with an investment cost of RMB 7,000,000[55]. - The total investment cost for various wealth management products amounted to RMB 18,753,000, with a fair value change of (4,590) thousand HKD recognized over six months[48]. - The investment cost for the wealth management product from China Merchants Bank was RMB 4,000,000, yielding 3.40%[55]. Corporate Governance - The Board includes four independent non-executive Directors out of a total of eight Directors, ensuring good corporate governance practices[71]. - The Company has complied with all provisions of the Corporate Governance Code throughout the Current Period, with one noted deviation regarding the roles of the chairman and chief executive[71]. - The Company has adopted the Model Code for Securities Transactions by Directors, confirming compliance by all Directors throughout the Current Period[74]. - The company confirms that all directors have complied with the trading standards set out in the standard code during the reporting period[77]. - The company is committed to adhering to the corporate governance standards as outlined in the relevant regulations[96]. Employee and Staff Information - As of June 30, 2022, the Group had 144 full-time employees, an increase from 132 employees as of December 31, 2021[63]. - Staff costs for the Current Period were approximately HK$10.8 million, down from approximately HK$12.9 million in the corresponding period[65]. Share Capital and Options - The maximum number of Shares that may be issued upon exercise of all share options under the Share Option Scheme must not exceed 10% of the Shares in issue on the date of approving the Share Option Scheme[102]. - The total number of ordinary shares that may be issued upon exercise of all outstanding share options must not exceed 30% of the total number of ordinary shares in the capital of the Company in issue from time to time[102]. - As of June 30, 2022, there are 36,732,000 outstanding share options, representing approximately 2.61% of the total number of shares in issue[104]. - The company may grant share options to eligible participants conferring on them the right to subscribe for a total of up to 140,801,900 shares, which represents approximately 12.61% of the total number of shares in issue as of June 30, 2022[104]. - No share options were exercised during the current period, and the total number of share options remains unchanged[107]. Operational Challenges - The Group's strategy is to hold corporate bonds for long-term purposes to earn attractive yields, but it does not preclude the possibility of disposing of some bonds before maturity if it serves the best interest of the company[45]. - The company is focusing on expanding its market presence and enhancing its product offerings through strategic acquisitions and investments[141]. - The total comprehensive loss for the period amounted to HK$35,426,000, compared to a loss of HK$1,602,000 in the same period of 2021, marking an increase in total losses[125]. - The company reported a loss before tax of HK$24,392,000 for the six-month period ended June 30, 2022, compared to a loss of HK$779,000 in the same period of 2021[140].

Financial Performance - The Group's turnover for 2021 was HK$218,721,000, an increase of 81.1% compared to HK$120,877,000 in 2020[13] - The loss for the year was HK$41,566,000, which is a 20.5% increase from the loss of HK$34,534,000 in 2020[13] - For the year ended December 31, 2021, the Group's revenue increased from approximately HK$120.9 million to approximately HK$218.7 million, representing an increase of approximately 80.9%[25] - Gross profit rose to approximately HK$56.7 million, compared to approximately HK$11.2 million in the prior year, resulting in a gross profit margin increase from approximately 9.3% to approximately 25.9%[44] - The loss attributable to owners of the Company was approximately HK$38.8 million, compared to approximately HK$11.9 million in the year ended 31 December 2020, with a basic and diluted loss per share of approximately HK$2.8 cents[47] Assets and Liabilities - Total assets decreased to HK$557,610,000 in 2021 from HK$653,854,000 in 2020, representing a decline of 14.7%[15] - Total liabilities reduced to HK$194,877,000 in 2021 from HK$244,608,000 in 2020, a decrease of 20.3%[15] - Net assets for the Group were HK$362,733,000 in 2021, down from HK$409,246,000 in 2020, reflecting a decline of 11.3%[15] - As of 31 December 2021, cash and cash equivalents were approximately HK$79.7 million, down from approximately HK$116.5 million at the end of 2020[48] - The Group's current assets were approximately HK$349.8 million, down from approximately HK$389.3 million in 2020, while current liabilities decreased to approximately HK$173.4 million from approximately HK$197.3 million[98] Market and Industry Outlook - The sports industry in China is projected to reach a total monetary value of RMB5 trillion by 2025, indicating significant growth potential[20] - The construction of fitness facilities in China saw a slight increase of 0.1% in 2020, despite the impact of COVID-19[19] - The sports service sector is expected to experience rapid growth as the industry becomes more market-oriented[20] - The Group aims to leverage national policies and increasing public health awareness to capitalize on the growing sports market demand[20] - The PRC government plans to develop, build, renovate, and expand about 1,000 sports and supporting facilities for outdoor sports, fitness, and leisure by 2035[30] Strategic Focus and Operations - The Group's strategic focus includes expanding its market presence and enhancing its service offerings in the sports and entertainment sector[19] - The Group aims to leverage the advantages of air domes to utilize idle land resources and improve the per capita sports area index in urban areas[32] - The management is confident in the bright future of the sports and entertainment business in the coming period[33] - The Group plans to continue exploring potential projects to expand its revenue sources[40] - By the end of 2021, MetaSpace had constructed over 259 air dome facilities throughout the PRC[25] Financial Management and Investments - The Group has successfully applied for a money lending license in Hong Kong through a wholly-owned subsidiary[34] - The Group granted two new loans totaling approximately HK$31 million during the year, with outstanding loans receivable amounting to approximately HK$41 million as of 31 December 2021[40] - The investment income recognized from financial assets at fair value through other comprehensive income was HK$2.7 million, with a fair value loss of HK$16.7 million during the year[57] - The strategy includes holding corporate bonds for long-term purposes to earn attractive yields, with a possibility of early disposal if it serves the best interest of the company[60] - The Group's strategy includes maximizing returns on surplus cash through investments in wealth management products[91] Share Options and Employee Incentives - The Group has adopted a share option scheme to incentivize Directors and eligible persons[115] - The share option scheme aims to provide incentives and rewards to eligible participants who contribute to the success of the group's operations[182] - The maximum number of shares that may be issued upon exercise of all share options must not exceed 30% of the total number of ordinary shares in issue from time to time[187] - The total number of shares in issue as of December 31, 2021, is 1,408,019,000[190] - The company granted 13,167,500 share options to directors, with no options exercised during the year[198] Compliance and Governance - The Group complied with all relevant laws and regulations in the PRC and Hong Kong during the year ended December 31, 2021[140] - All independent non-executive Directors confirmed their independence as per the Listing Rules[156] - The Directors' fees are subject to shareholders' approval at general meetings, while other emoluments are determined by the Board based on performance and Group results[160] - No significant transactions or contracts involving Directors with material interests were reported for the year ended December 31, 2021[162] - The Group did not repurchase any shares during the year ended December 31, 2021[152]

: S HK01803 北京體育文化産業集團有限公司 BEIJING SPORTS AND ENTERTAINMENT INDUSTRY GROUP LIMITED (incorporated in the Cayman Islands with limited liability) (於開曼群島註冊成立的有限公司) (Stock code 股份代號：01803) INTERIM REPORT 2021 中期報告 CORPORATE INFORMATION 公司資料 | --- | --- | |----------------------------------------------------------------------------------------------------------|----------------------------------------------------------------------------------------------------------| | | CORPORATE INFORMATION 公司資料 | | BOARD OF DI ...

: 5 HK01803 北京體育文化産業集團有限公司 BEIJING SPORTS AND ENTERTAINMENT INDUSTRY GROUP LIMITED (incorporated in the Cayman Islands with limited liability) (於開曼群島註冊成立的有限公司) (Stock code 股份代號：01803) ANNUAL REPORT 2020 年報 CONTENTS 目錄 CONTENTS 目錄 | --- | --- | |-------|----------------------------------------------| | | | | 2 | Corporate Information | | | 公司資料 | | 5 | Five-Year Financial Summary | | | 五年財務概要 | | 6 | Management Discussion and Analysis | | | 管理層討論及分析 | | 24 | Report of the Directors | | | 董事會報告 | | | | | 44 | ...

(incorporated in the Cayman Islands with limited liability) （於開曼群島註冊成立的有限公司） (Stock code 股份代號：01803) INTERIM REPORT 2020 中期報告 CORPORATE INFORMATION 公司資料 CORPORATE INFORMATION | --- | --- | |----------------------------------------------------------|----------------------------------------| | | 公司資料 | | BOARD OF DIRECTORS | 董事會 | | Executive Directors | 執行董事 | | Mr. Liu Xue Heng (Chairman and Chief Executive Officer) | 劉學恒先生 （主席兼行政總裁） | | Mr. Zhu Shixing | 祝仕興先生 | | Mr. Lam Ka Tak | 林嘉德先生 | | Mr. Zhang Tingz ...

北京體育文化産業集團有限公司 BEJING SPORTS AND ENTERTAINMENTINDUSTRY GROUP LIMITED (incorporated in the Cayman Islands with limited liability) （於開曼群島註冊成立的有限公司） (Stock code 股份代號：01803) ANNUAL REPORT 2019 年報 CONTENTS 目錄 CONTENTS 目錄 | --- | --- | |-------|-----------------------------------------------------| | | | | 2 | Corporate Information | | | 公司資料 | | 5 | Five-Year Financial Summary | | | 五年財務概要 | | 6 | Management Discussion and Analysis 管理層討論及分析 | | 24 | Report of the Directors 董事會報告 | | 44 | Corporate Governance Rep ...

(incorporated in the Cayman Islands with limited liability) （於開曼群島註冊成立的有限公司） (Stock code 股份代號：01803) INTERIM REPORT 2019 中期報告 CORPORATE INFORMATION 公司資料 | --- | --- | |----------------------------------------------------------|------------------------------------------| | | CORPORATE INFORMATION 公司資料 | | BOARD OF DIRECTORS | 董事會 | | Executive Directors | 執行董事 | | Mr. Liu Xue Heng (Chairman and Chief Executive Officer) | 劉學恒先生 （主席兼行政總裁） | | Mr. Jan Wing Fu, Barry (Resigned on 1 April 2019) | 鄭永富先生（於 2019 年 4 ...

北京體育文化産業集團有限公司 BEJING SPORTS AND ENTERTAINMENTINDUSTRY GROUP LIMITED (incorporated in the Cayman Islands with limited liability) （於開曼群島註冊成立的有限公司） (Stock code 股份代號：01803) ANNUAL REPORT 2018 年報 CONTENTS 目錄 CONTENTS 目錄 | --- | --- | |-------|-----------------------------------------------------| | | Corporate Information | | 2 | 公司資料 | | | Five-Year Financial Summary | | 5 | 五年財務概要 | | 6 | Management Discussion and Analysis 管理層討論及分析 | | | Report of the Directors | | 24 | 董事會報告 | | | Corporate Governance Report ...