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，概不對因本公告全部或任何 部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 China Uptown Group Company Limited 中 國 上 城 集 團 有 限 公司 （於開曼群島註冊成立之有限公司） 2330 （股份代號﹕ ） 截至二零二二年六月三十日止六個月之中期業績 中國上城集團有限公司（「本公司」）之董事（「董事」）會（「董事會」）宣佈本公司及其附 屬公司（統稱為「本集團」）截至二零二二年六月三十日止六個月（「本期間」）之未經審 核簡明綜合中期業績。 簡明綜合損益表 截至二零二二年六月三十日止六個月 截至六月三十日止六個月 二零二二年 二零二一年 附註 人民幣千元 人民幣千元 （未經審核） （未經審核） 3 50,272 53,023 收益 (42,401) (40,810) 銷售成本 7,871 12,213 毛利 ...

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，概不對因本公告全部或任何 部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 China Uptown Group Company Limited 中 國 上 城 集 團 有 限 公司 （於開曼群島註冊成立之有限公司） 2330 （股份代號﹕ ） 截至二零二一年十二月三十一日止年度之全年業績 中國上城集團有限公司（「本公司」）董事（「董事」）會（「董事會」）宣佈本公司及其附屬 公司（「本集團」）截至二零二一年十二月三十一日止年度（「本年度」）之綜合財務業績 連同截至二零二零年十二月三十一日止年度之比較數字如下： 綜合損益表 截至二零二一年十二月三十一日止年度 二零二一年 二零二零年 附註 人民幣千元 人民幣千元 3 173,974 275,541 收益 (154,900) (226,537) 銷售成本 19,074 49,004 毛利 5 1,962 1,055 其他收入 6 (35,701) (8,107) ...

Financial Performance - The company reported total revenue of RMB 130,386,000 for the year ended December 31, 2021, a decrease of 52.7% compared to RMB 275,541,000 in 2020[3]. - The cost of sales was RMB 197,481,000, resulting in a gross loss of RMB 67,095,000, compared to a gross profit of RMB 49,004,000 in the previous year[3]. - The net loss for the year was RMB 200,678,000, significantly higher than the net loss of RMB 7,211,000 in 2020, marking a year-on-year increase of 2,684%[4]. - Basic and diluted loss per share was RMB 75.78, compared to RMB 4.26 in the previous year[4]. - The total comprehensive loss for the year was RMB 210,487,000, compared to RMB 5,532,000 in 2020[6]. - The company reported a net loss attributable to shareholders of RMB 192,826,000 for 2021, compared to a loss of RMB 7,775,000 in 2020, reflecting a substantial increase in losses[46]. - The group recorded a gross loss of approximately RMB 67,000,000, compared to a gross profit of RMB 49,000,000 in 2020[54]. - The group reported a loss attributable to shareholders of approximately RMB 192,826,000, significantly higher than the loss of RMB 7,775,000 in 2020[63]. Assets and Liabilities - The company reported total assets of RMB 911,835,000 as of December 31, 2021, down from RMB 1,005,091,000 in 2020[8]. - Non-current assets decreased to RMB 21,908,000 from RMB 91,380,000 in the previous year, reflecting a decline of 76.0%[8]. - Current assets included properties under construction valued at RMB 364,624,000, an increase from RMB 253,395,000 in 2020, representing a growth of 43.9%[8]. - The company's equity attributable to owners decreased to RMB 482,833,000 from RMB 685,468,000 in the previous year, a decline of 29.5%[10]. - The company's financial liabilities include secured bank loans of RMB 9,150,000 and bank overdrafts of RMB 4,039,000, which are subject to interest rate benchmark reforms[22]. - The group's cash and bank balances as of December 31, 2021, were approximately RMB 40,405,000, down from RMB 77,848,000 in 2020[64]. - The group’s asset-liability ratio was approximately 3% as of December 31, 2021, unchanged from 2020[64]. Revenue Breakdown - Revenue from property sales in mainland China was RMB 128,959,000, down from RMB 246,450,000 in the previous year, indicating a decline of 47.7%[23]. - The company’s total revenue from customer contracts was RMB 128,959,000, with no revenue from raw sugar trading in Hong Kong during the year[23]. - The property development and investment segment reported a loss of RMB 203,745,000, while the raw sugar trading segment generated a profit of RMB 1,633,000, leading to a total loss of RMB 202,112,000[31]. - The property development and investment segment generated revenue of approximately RMB 130,386,000, with property sales accounting for about RMB 128,959,000 and rental income approximately RMB 1,427,000[54]. Impairments and Expenses - The company recognized an impairment loss of RMB 91,590,000 on assets held for sale during the year[3]. - The fair value change of investment properties resulted in a loss of RMB 36,401,000 in 2021, compared to a loss of RMB 10,518,000 in 2020, indicating a worsening performance in this area[37]. - The company recorded a deferred tax expense of RMB 29,765,000 for the year ended December 31, 2021, compared to RMB 6,375,000 in 2020, reflecting increased tax liabilities[39]. - Total compensation for the year was approximately RMB 16,583,000, up from RMB 15,199,000 in 2020, reflecting the company's compensation policy based on market trends and employee performance[71]. Corporate Governance and Compliance - The company has complied with all corporate governance codes except for deviations related to the roles of the chairman and CEO[77]. - The audit committee has reviewed the unaudited annual results, which were affected by delays due to the COVID-19 pandemic[82]. - The unaudited annual results will be published after the completion of the audit process, along with any significant differences from the audited results[84]. - The annual report will be sent to shareholders as soon as practicable and will also be available on the company's website[85]. Future Plans and Developments - The second Maoming project is planned to have a total saleable area of 84,000 square meters, including 59,000 square meters for residential and 25,000 square meters for commercial use[58]. - The pre-sale of residential properties for the second Maoming project is scheduled to begin in the second quarter of 2022[58]. - The group plans to increase sales and marketing expenses by approximately RMB 7,300,000 to promote the second Maoming project[54]. - There were no significant investments, acquisitions, or plans for major capital asset purchases during the year[73].

Contents 目錄 | Corporate Information | 2 | | --- | --- | | 公司資料 | | | Management Discussion and Analysis | 4 | | 管理層討論及分析 | | | Disclosure of Interests | 10 | | 權益披露 | | | Corporate Governance | 16 | | 企業管治 | | | Report on Review of Condensed Consolidated Financial Statements | 19 | | 簡明綜合財務報表審閱報告 | | | Condensed Consolidated Statement of Profit or Loss | 21 | | 簡明綜合損益表 | | | Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income | 22 | | 簡明綜合損益及其他全面收益表 | | | Condensed Consolidated ...

Financial Performance - Revenue for the year ended December 31, 2020, was approximately RMB 275,541,000, a decrease of 65.8% compared to RMB 804,898,000 in 2019[9] - The loss attributable to owners of the Company for 2020 was RMB 7,775,000, compared to a profit of RMB 74,184,000 in 2019[9] - For the year ended December 31, 2020, the revenue from property development and investment was approximately RMB 247,878,000, a decrease from RMB 756,487,000 in 2019[12] - Revenue from trading of raw cane sugar amounted to approximately RMB 27,663,000, down from RMB 48,411,000 in 2019, with a segment profit of approximately RMB 2,025,000[16] - The Group's revenue for the year was approximately RMB 275,541,000, a decline of approximately 66.3% compared to RMB 804,898,000 in 2019[27][30] Asset and Liability Overview - Total assets as of December 31, 2020, were RMB 1,096,471,000, down from RMB 1,183,485,000 in 2019[9] - Total liabilities decreased to RMB 353,288,000 in 2020 from RMB 494,908,000 in 2019[9] - Net asset value increased to RMB 743,183,000 in 2020, compared to RMB 688,577,000 in 2019[9] - The fair value of investment properties decreased by approximately RMB 10,518,000 in 2020, compared to a decrease of RMB 4,044,000 in 2019[11] - The Group's total secured bank borrowings amounted to approximately RMB 21,609,000, an increase from RMB 16,165,000 in 2019[28][31] Property Development and Sales - The total area of residential and commercial properties recognized as sales was approximately 14,600 square meters and 1,693 square meters respectively, a significant decrease from 87,652 square meters and 887 square meters in 2019[11] - The Company operates two property development projects in Maoming City, Guangdong Province, with ongoing sales and leasing activities[11] - As of December 31, 2020, 834 units of car parking spaces for private cars and 217 units for motorbikes were recognized as sales[11] - The Second Maoming Project will have a gross saleable area of approximately 84,000 square meters, including 59,000 square meters for residential and 25,000 square meters for commercial properties[15] - The percentage of area contracted for pre-sales for Phase 1 & 2 of the First Maoming Project is 55%, and for Phase 3, it is 65%[13] Management and Governance - The Company has appointed independent non-executive directors to strengthen oversight and accountability[81] - The leadership team includes individuals with extensive experience in various sectors, including real estate and sugar production, supporting strategic growth initiatives[78] - The Company emphasizes the importance of compliance and ethical governance through its independent directors[82] - The Board consists of seven Directors, including four executive Directors and three independent non-executive Directors, ensuring a balance of expertise and governance[92] - The Company has established a clear division of responsibilities between the Chairman and CEO to enhance governance[115] Corporate Governance Practices - The Company has complied with all Code Provisions of the Corporate Governance Code throughout the year, demonstrating commitment to good governance practices[90] - The Company provides training and briefings to Directors to update their knowledge on the latest developments regarding the Listing Rules[108] - The Nomination Committee has a written nomination procedure for selecting candidates for directorship, ensuring compliance with independence criteria[121] - The Remuneration Committee advises the Board on the remuneration policy for Directors and senior management, retaining final authority for approval[128] - The Company has adopted revised terms of reference for the Nomination Committee to align with new Listing Rules effective from September 1, 2013[118] Employee and Remuneration Information - Total remuneration for the Group's employees for the year was approximately RMB 15,199,000, an increase from RMB 13,764,000 in 2019[60] - The Group employed 41 full-time employees as of December 31, 2020, down from 44 in 2019[60] - The Remuneration Committee ensures no Director is involved in deciding his/her own remuneration[136] - The Company has received annual confirmations of independence from all independent non-executive Directors, considering them independent[114] - All independent non-executive Directors are appointed for a term of three years and are subject to re-election at the annual general meeting[114] Risk Management and Internal Controls - The Audit Committee reviewed the effectiveness of risk management and internal control systems of the Group[135] - The Group's risk management and internal control systems are designed to manage risks effectively, with the Board responsible for reviewing their effectiveness[198] - The Audit Committee supports the Board in monitoring the Group's risk exposures and the effectiveness of the internal control systems[199] - The Group engaged independent professional teams for internal audit work to ensure independence and efficiency[200] - The Company’s corporate governance functions were reviewed by the Board during the year[142]

Revenue and Sales Performance - For the six months ended June 30, 2020, the revenue from property development and investment was approximately RMB80,717,000, a decrease of 85.8% compared to RMB567,303,000 in 2019[9]. - Sales of properties amounted to approximately RMB80,135,000, down from RMB566,301,000 in 2019, indicating a significant decline in property sales[9]. - Revenue for the six months ended June 30, 2020, was RMB 108,681,000, a decrease of 81.9% compared to RMB 567,303,000 in the same period of 2019[123]. - The total revenue for the Group for the six months ended June 30, 2020, was RMB 108,681,000, down 80.8% from RMB 567,303,000 in the prior year[150]. - The Group's profit before taxation for the six months ended June 30, 2020, was RMB 8,301,000, compared to RMB 112,883,000 in the same period of 2019[156]. - The Group's rental income for the six months ended June 30, 2020, was RMB 582,000, down from RMB 1,002,000 in the previous year[150]. Profitability and Financial Performance - Profit for the period attributable to owners of the Company was RMB 1,624,000, a decline of 97.4% from RMB 62,051,000 in the previous year[123]. - Total comprehensive income for the period was RMB 954,000, down 98.6% from RMB 69,564,000 in the same period last year[125]. - The profit for the period decreased to RMB 6,252,000 for the six months ended June 30, 2020, down from RMB 42,985,000 for the same period in 2019, reflecting a decline of approximately 85.5%[169]. - Earnings attributable to the owners of the Company for the six months ended 30 June 2020 were RMB 1,624,000, a significant decrease of 97.4% compared to RMB 62,051,000 for the same period in 2019[181]. Assets and Liabilities - As of June 30, 2020, total assets of the Group were approximately RMB1,195,313,000, compared to RMB1,183,485,000 as of December 31, 2019[28]. - The consolidated total liabilities as of June 30, 2020, were RMB 505,782,000, compared to RMB 494,908,000 as of December 31, 2019, indicating an increase of approximately 2.8%[161]. - Non-current assets decreased to RMB 99,827,000 from RMB 104,864,000 as of December 31, 2019[128]. - Current assets totaled RMB 1,095,486,000, slightly up from RMB 1,078,621,000 at the end of 2019[128]. Cash Flow and Liquidity - Cash used in operating activities amounted to RMB 142,698,000 for the six months ended June 30, 2020, compared to a cash inflow of RMB 39,061,000 in the same period of 2019, indicating a negative cash flow trend[134]. - The company experienced a decrease in cash and cash equivalents, ending the period with RMB 25,702,000 compared to RMB 98,186,000 at the end of June 30, 2019, indicating liquidity challenges[134]. - The company raised new bank borrowings of RMB 9,116,000 during the financing activities, indicating efforts to bolster liquidity[134]. Investment Properties and Fair Value - The fair value of investment properties decreased by approximately RMB4,318,000 during the period, reflecting a slight decline in the value of commercial properties in Maoming[10]. - The company reported a fair value change on investment properties of RMB (4,318,000) for the period[123]. - The fair value of the Group's investment properties decreased to RMB 80,600,000 as at 30 June 2020, down from RMB 84,918,000 at the beginning of the year, reflecting a decrease of 5.1%[185]. Government Support and Market Conditions - The outbreak of COVID-19 negatively impacted the company's operations, leading to reduced revenue and fair value of investment properties, as well as a reliance on government grants[136]. - The company received a government grant of RMB 106,000 related to salary costs for June 2020, as part of the Employment Support Scheme[163]. - The management is cautiously optimistic about the Maoming property market due to easing COVID-19 conditions and stable monetary policies[24]. Share Capital and Corporate Governance - The issued ordinary share capital of the Company as of June 30, 2020, was approximately HK$182,469,000, divided into 1,824,690,520 shares[35]. - The Company has not entered into any arrangements to enable directors or chief executives to acquire securities of the Company during the reporting period[75]. - The company has complied with all Code Provisions of the Corporate Governance Code throughout the reporting period[92]. - The Company established an Audit Committee to oversee the appointment and remuneration of external auditors, review interim and annual reports, and monitor financial reporting procedures[98]. Employee and Remuneration Policies - The Group's total remuneration for the period was approximately RMB 7,429,000, compared to RMB 7,249,000 in 2019, reflecting a year-on-year increase of about 2.5%[50]. - The Group employed 44 full-time employees as of June 30, 2020, unchanged from December 31, 2019[50]. - The Group's employee remuneration policies are periodically reviewed based on market trends and individual performance assessments[50].

China Uptown Group Company Limited 中國上城集團有限公 司 (Incorporated in the Cayman Islands with limited liability) （於開曼群島註冊成立之有限公司） 股份代號 Stock code: 2330 Annual Report 2019 年報 Contents 目錄 | 2 | Corporate Information | | --- | --- | | 公司資料 | | | 4 | Five Years Financial Summary | | | 五年財務概要 | | 5 | Management Discussion and Analysis | | | 管理層討論及分析 | | 15 | Biographical Details of Directors | | 董事簡介 | | | 19 | Corporate Governance Report | | | 企業管治報告 | | 46 | Environmental, Social and Governance Report | | | 環境、社會及管治 ...

China Uptown Group Company Limited 中國上城集團有限公 司 (Incorporated in the Cayman Islands with limited liability) （於開曼群島註冊成立之有限公司） 股份代號 Stock code: 2330 2019 Interim Report 中期報告 China Uptown Group Company Limited 中國上城集團有限公 司 Contents 目錄 | Corporate Information | 2 | | --- | --- | | 公司資料 | | | Management Discussion and Analysis | 4 | | 管理層討論及分析 | | | Disclosure of Interests | 9 | | 權益披露 | | | Corporate Governance | 15 | | 企業管治 | | | Report on Review of Condensed Consolidated Financial Statements | 18 | | 簡明綜合財務報表審閱 ...

China Uptown Group Company Limited 中國上城集團有限公 司 (Incorporated in the Cayman Islands with limited liability) （於開曼群島註冊成立之有限公司） 股份代號 Stock code: 2330 Annual Report2018年報 Contents 目錄 2 Corporate Information 公司資料 1 CHINA UPTOWN GROUP COMPANY LIMITED 中國上城集團有限公司 ANNUAL REPORT 2018 二零一八年年報 Contents 目錄 4 Five Years Financial Summary 五年財務概要 5 Management Discussion and Analysis 管理層討論及分析 14 Biographical Details of Directors 董事簡介 18 Corporate Governance Report 企業管治報告 45 Environmental, Social and Governance Report 環境、社會及管 ...