Financial Performance - The company reported a revenue of RMB 1.5 billion for the first half of 2022, representing a year-on-year increase of 15%[1]. - Total revenue decreased by 29.5% from RMB 1,360.2 million for the six months ended June 30, 2021, to RMB 959.6 million for the six months ended June 30, 2022[21]. - Gross profit fell by 54.4% from RMB 401.1 million to RMB 182.9 million during the same period[21]. - The company reported an operating loss of RMB 162.9 million, compared to a profit of RMB 105.8 million in the previous year, marking a decline of 253.9%[21]. - Loss before tax increased to RMB 340.3 million from a profit of RMB 59.4 million, representing a decrease of 673.0%[21]. - The net loss attributable to shareholders was RMB 327.7 million, a significant drop of 794.7% compared to a profit of RMB 47.2 million in the prior year[21]. - Revenue from the PC component manufacturing business decreased by 21.5% from RMB 1,138.8 million to RMB 893.5 million[25]. - The gross profit margin for PC component manufacturing was 19.6%, down from 27.9% in the previous year[22]. - Operating profit turned from a profit of RMB 105.8 million for the six months ended June 30, 2021, to a loss of RMB 162.9 million for the same period in 2022, a decline of 253.9%[1]. - Net profit decreased by 801.9% from a profit of RMB 47.2 million for the six months ended June 30, 2021, to a net loss of RMB 331.0 million for the same period in 2022[1]. Market and Product Development - User data indicates a growth in customer base by 20%, reaching a total of 500,000 active users[1]. - The company expects a revenue guidance of RMB 3 billion for the full year 2022, reflecting a growth target of 10% compared to 2021[1]. - New product launches include the B-house modular villa, which has seen a 30% increase in demand since its introduction[1]. - Market expansion plans include entering three new provinces in China by the end of 2022, aiming for a 25% market share in those regions[1]. - The company aims to transform from a pure PC manufacturer to a provider of complete and highly industrialized building products and services, with new contracts in full decoration business amounting to RMB 150 million[38]. - The company has launched products such as talent apartments, modular products, rural housing, and smart parking buildings, which will be key components of future green enterprise communities[46]. - The smart parking building product can be delivered in 100 days, which is three times faster than traditional parking construction, with a 50% cost reduction, enhancing urban vitality and economic benefits[49]. - The company aims to shorten project construction periods significantly, with a 30-story residential building taking only 10 months from groundbreaking to delivery, improving turnover efficiency and reducing debt[52]. Research and Development - The company is investing RMB 200 million in R&D for new technologies, focusing on smart construction solutions[1]. - The company aims to enhance its digital support system for the entire construction industry chain, leveraging its technological capabilities[14]. - The company is committed to advancing technology research and development, exploring diverse application scenarios, and integrating with Tencent Cloud for digital upgrades and industry solutions[53]. - The company emphasizes the importance of accelerating the development of prefabricated buildings in response to the urgent need for green transformation in the construction industry[46]. Financial Position and Cash Flow - The asset-liability ratio increased to 59.8%, up from 56.0%, reflecting a rise of 3.8 percentage points[21]. - Cash generated from operating activities decreased by 45.5% from RMB 326.7 million for the six months ended June 30, 2021, to RMB 178.0 million for the same period in 2022[27]. - The company reported a net cash outflow from financing activities of RMB 45.8 million, primarily due to loan repayments of RMB 816.7 million[111]. - As of June 30, 2022, total borrowings (including principal and interest) amounted to RMB 3,323.1 million, an increase from RMB 3,082.9 million as of December 31, 2021, representing an increase of 7.8%[114]. - The company recorded a cumulative loss of RMB 81.8 million from the fair value changes of 53 joint ventures, with 4 of them being profitable[97]. Shareholder Information - The company has appointed a new board of directors and supervisory committee, effective from the annual general meeting held on April 29, 2022[167]. - Major shareholder Yuan Da Ling Mu holds 80,912,160 domestic shares, representing approximately 16.59% of the total issued shares[186]. - Major shareholder Da Xin Investment holds 18,600,000 domestic shares, representing approximately 3.81% of the total issued shares[186]. - Major shareholder Yuan Zhi Fu Hai holds 25,404,000 domestic shares, representing approximately 5.21% of the total issued shares[186]. - Major shareholder Hunan Cai Xin Fund holds 10,000,000 domestic shares, representing approximately 2.05% of the total issued shares[186]. - Major shareholder Cassini Partners, L.P. holds 7,939,418 H shares, representing approximately 1.63% of the total issued H shares[186]. - Major shareholder UBS Group AG holds 40,199,305 H shares, representing approximately 8.24% of the total issued H shares[186]. - Major shareholder Franchise Fund LP holds 37,245,900 shares, representing approximately 7.64% of the total issued shares[188]. Compliance and Governance - The independent auditor's report confirms that the interim financial report as of June 30, 2022, complies with International Accounting Standard 34[198]. - The company has not identified any significant issues that would lead to a belief that the interim financial report is not prepared in accordance with the relevant standards[200]. - The review of the interim financial report included inquiries with key financial personnel and analytical procedures[199].

Company Overview - Changsha Broad Homes Industrial Group Co., Ltd. is a pioneer in the construction industrialization sector in China, providing comprehensive solutions for modern construction with advanced technology and continuous innovation[3]. - The company was officially listed on the Hong Kong Stock Exchange on November 6, 2019, under the stock code 2163[5]. - The company’s main operational locations include Changsha, Hunan Province, and Hong Kong[9]. Partnerships and Market Position - The company has established partnerships with 9 out of the top 10 real estate developers and construction companies in China, supplying PC components and technical services for various significant projects[4]. - The company plans to expand its market presence in Southeast Asia, aiming for a 25% increase in market share by 2023[42]. Financial Performance - The company reported a revenue of RMB 1.5 billion for the fiscal year ending December 31, 2021, representing a year-over-year increase of 15%[42]. - Total revenue for the year ended December 31, 2021, was RMB 3,058.6 million, an increase of 17.0% from RMB 2,613.9 million in 2020[50]. - The company’s total assets increased to RMB 9,863.0 million from RMB 9,191.2 million in 2020, reflecting a growth of 7.3%[51]. - Cash generated from operating activities surged by 344.0% to RMB 807.3 million, compared to RMB 181.8 million in the previous year[57]. - The company’s investment relations can be contacted via ir@bhome.com.cn[9]. Revenue Breakdown - Revenue from the PC component manufacturing business increased by 11.4% to RMB 2,694.5 million from RMB 2,419.2 million in 2020[56]. - Revenue from ongoing operations reached RMB 3,058.6 million for the year ended December 31, 2021, representing a 21.8% increase year-over-year[66]. - Revenue from PC production equipment manufacturing surged by 207.4% from RMB 91.8 million in 2020 to RMB 282.1 million in 2021[75]. Profitability and Margins - Gross profit decreased to RMB 855.2 million, down 6.3% from RMB 912.3 million in the previous year, with a gross margin of 28.0%[56]. - The gross margin improved to 35%, up from 30% in the previous year, due to cost optimization strategies[42]. - The net profit attributable to shareholders was RMB 31.5 million, a decline of 85.6% compared to RMB 219.3 million in the prior year[57]. Operational Efficiency - The production volume of PC components increased by 28.7% to 1.026 million cubic meters for the year ended December 31, 2021, compared to 0.797 million cubic meters the previous year[64]. - The production line utilization rate increased from 37.8% in 2020 to 54.3% in 2021, attributed to increased contract amounts and reduced pandemic impacts[64]. Research and Development - The company is investing RMB 50 million in research and development for innovative construction technologies[42]. - R&D expenses increased by 5.0% to RMB 189.8 million for the year ended December 31, 2021, with capitalized R&D costs accounting for 32.9% of total R&D expenses[128]. Strategic Initiatives - The company aims to transform traditional construction practices into a modern manufacturing industry through the integration of digital technologies and the construction industrial Internet of Things[3]. - The company is actively exploring zero-carbon buildings and smart energy systems to align with carbon neutrality goals[89]. - The company aims to enhance the quality of green low-carbon development in urban and rural construction, responding to national carbon reduction targets[90]. Leadership - Zhang Jian, the founder and executive director, has been with the company since its establishment in April 2006, overseeing strategic and operational decisions[195]. - Tang Fen, the executive director and general manager, has been with the group since August 2006, responsible for overall management and operations[200].

6 長 沙 遠 大 住 宅 工 業 集 團 股 份 有 限 公 司 Changsha Broad Homes Industrial Group Co., Ltd. （ 於 中 華 人 民 共 和 國 註 冊 成 立 的 股 份 有 限 公 司 ） 股份代號：2163 中期報告 目 錄 2 釋 義 6 公司簡介 7 公司資料 9 財務摘要及經營摘要 13 管理層討論及分析 34 企業管治及其他資料 40 獨立核數師報告 41 合併綜合收益表 42 合併財務狀況表 44 合併權益變動表 46 合併現金流量表 48 未經審計中期財務報告附註 釋義 於本中期報告內，除文義另有指明外，下列詞彙具有下文所賦予的涵義： | --- | --- | --- | |-------------------------------|-------|------------------------------------------------------------------------------------------------------------------------------------------------ ...

長沙遠大住宅工業集團股份有限公司 Changsha Broad Homes Industrial Group Co., Ltd. 股份代號：2163 （於中華人民共和國註冊成立的股份有限公司） 0 2 0 2 年度報告 目 錄 2 公司簡介 3 公司資料 5 釋 義 11 財務概要及經營摘要 14 主席報告 16 管理層討論及分析 37 董事、監事及高級管理層 45 董事會報告 59 監事會報告 62 企業管治報告 83 環境、社會及管治報告 131 獨立核數師報告 139 合併綜合收益表 141 合併財務狀況表 143 合併權益變動表 144 合併現金流量表 146 合併財務報表附註 236 附錄一 本集團持有物業詳情 公司簡介 長沙遠大住宅工業集團股份有限公司 及其附屬公司 是 中 國 建 築 工 業 化 的 先 行 者 和 領 軍 者，為 中 國 建 築 工 業現代化提供整體解決方案，依托深厚的技術積累和持續的創新研發能力提供專業化、智能化、規模化的 裝配式建築製造和服務。 本 公 司 經 過 多 年 的 產 業 化 探 索 已 擁 有 行 業 領 先 的 軟 硬 件 技 術，在 中 國 裝 配 式 建 ...

6 远 中 中 中 中 中 中 中 中 中 中 長 沙 遠 大 住 宅 工 業 集 團 股 份 有 限 公 司 Changsha Broad Homes Industrial Group Co., Ltd. （ 於 中 華 人 民 共 和 國 註 冊 成 立 的 股 份 有 限 公 司 ） 股份代號：2163 中期報告 目 錄 2 釋 義 6 公司簡介 7 公司資料 9 財務摘要 及經營摘要 13 管理層討論與分析 34 企業管治及其他資料 40 獨立核數師報告 4 1 合併綜合收益表 42 合併財務狀況表 44 合併權益變動表 46 合併現金流量表 48 未經審計 中期財務報告附註 釋義 於 本 中期報告 內，除文義另有指明外，下列詞彙具有下文所賦予的涵義： 「審計委員會」 指 本公司審計委員會，為董事會的專門委員會之一 「核數師」 指 本公司的獨立核數師畢馬威會計師事務所 「B-house」 指 遠大美宅的裝配式別墅產品 「B2B」 指 企業與企業之間通過專用網絡或Internet，進 行 數 據 信 息 的 交 換、 傳遞，開展交易活動的商業模式 「B2C」 指 企業通過互聯網為消費者提供一個新型的購物 ...

6 長 沙 遠 大 住 宅 工 業 集 團 股 份 有 限 公 司 Changsha Broad Homes Industrial Group Co., Ltd. ( 於 中 華 人 民 共 和 國 註 冊 成 立 的 股 份 有 限 公 司 ) 股份代號：2163 目 錄 2 公司簡介 3 公司資料 5 釋 義 11 財務概要及經營摘要 14 主席報告 16 管理層討論及分析 38 董事、監事及高級管理層 45 董事會報告 59 監事會報告 62 企業管治報告 81 環境、社會及管治報告 117 獨立核數師報告 125 合併綜合收益表 127 合併財務狀況表 129 合併權益變動表 130 合併現金流量表 132 合併財務報表附註 222 附錄一 本集團持有物業詳情 公司簡介 公司簡介 長 沙 遠 大 住 宅 工 業 集 團 股 份 有 限 公 司 及 其 附 屬 公 司 是 中 國 建 築 工 業 化 的 開 創 者 和 領 軍 者。依 托 多 年 累 積 的深厚技術實力和持續不斷的創新研發投入，遠大住工成為中國建築業工業化整體解決方案的平台，當中 包括全球化、規模化、專業化及智能化裝配式建築製造和服務。 ...