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 ...

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 13 Biographical Details of Directors 董事簡介 17 Corporate Governance Report 企業管治報告 44 Environmental, Social and Governance Report 環境、社會及管治報告 64 Report of Directors 董事會報告 86 Independent Auditor's Report 獨立核數師報告 94 Consolidated Statement of Profit or Loss 綜合損益表 95 Consolidated Statement of Profit or Loss and Other Comprehensive Income 綜合損益及其他全面收益表 96 Consolidated Statement of Financial Pos ...

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 ...