Student Enrollment and Fees - The total number of full-time students in the group's schools for the 2023/2024 academic year was 28,907[16] - The average tuition fee for Lingnan Vocational and Technical College was RMB 17,187, and for Lingnan Modern Technician College, it was RMB 14,204 as of June 30, 2024[16] - The average accommodation fee for Lingnan Vocational and Technical College was RMB 2,048, and for Lingnan Modern Technician College, it was RMB 1,997 as of June 30, 2024[16] Academic Programs and Structure - Lingnan Vocational and Technical College integrated 13 secondary colleges into 8, added new majors such as Oral Medical Technology and Optometry Technology, and offers over 40 majors[12] - Lingnan Modern Technician College has 7 departments and offers over 27 majors, including Mechatronics, Unmanned Aerial Vehicles, and Big Data Applications[13] Revenue and Financial Performance - Revenue increased by 20.8% from RMB 277.9 million in the first half of 2023 to RMB 335.8 million in the first half of 2024, driven by an increase in the total number of full-time students and average tuition fees[27] - Cost of sales rose by 24.6% from RMB 161.9 million in the first half of 2023 to RMB 201.8 million in the first half of 2024, primarily due to increased staff costs, campus property management expenses, and depreciation of property, plant, and equipment[28] - Gross profit grew by 15.5% from RMB 116.0 million in the first half of 2023 to RMB 134.0 million in the first half of 2024, while gross margin decreased from 41.7% to 39.9% due to higher staff costs and campus expansion[29] - Other income and gains decreased by 21.0% from RMB 35.2 million in the first half of 2023 to RMB 27.8 million in the first half of 2024, mainly due to a reduction in training income and loan interest income[31] - Net profit for the period increased slightly by 0.4% from RMB 87.4 million in the first half of 2023 to RMB 87.8 million in the first half of 2024[37] - Revenue for the six months ended June 30, 2024, increased to RMB 335,761 thousand, up 20.8% from RMB 277,947 thousand in the same period in 2023[81] - Gross profit rose to RMB 133,971 thousand in 2024, compared to RMB 116,015 thousand in 2023, reflecting a 15.5% increase[81] - Net profit attributable to owners of the company for the six months ended June 30, 2024, was RMB 87,722 thousand, slightly up from RMB 87,341 thousand in 2023[82] - Revenue from tuition fees increased to RMB 302,546 thousand in the first half of 2024, up from RMB 251,297 thousand in the same period of 2023, representing a growth of approximately 20.4%[97] - Total revenue from customer contracts reached RMB 335,761 thousand in the first half of 2024, compared to RMB 277,947 thousand in the same period of 2023, an increase of 20.8%[97] - Revenue from boarding fees rose to RMB 29,296 thousand in the first half of 2024, up from RMB 21,824 thousand in the same period of 2023, a growth of 34.2%[97] - Other income and gains decreased to RMB 27,832 thousand in the first half of 2024, down from RMB 35,202 thousand in the same period of 2023, a decline of 20.9%[97] Expenses and Costs - Sales and distribution expenses increased by 35.4% from RMB 9.9 million in the first half of 2023 to RMB 13.4 million in the first half of 2024, driven by higher employee costs and advertising expenses[32] - Administrative expenses rose by 20.9% from RMB 36.3 million in the first half of 2023 to RMB 43.9 million in the first half of 2024, primarily due to increased employee costs[33] - Other expenses surged by 53.8% from RMB 9.1 million in the first half of 2023 to RMB 14.0 million in the first half of 2024, mainly due to higher training costs and exchange losses[35] - Employee benefit expenses, including wages and salaries, increased to RMB 117,609 thousand in the first half of 2024, up from RMB 90,387 thousand in the same period of 2023, a rise of 30.1%[103] - Depreciation of property, plant, and equipment rose to RMB 33,064 thousand in the first half of 2024, compared to RMB 28,403 thousand in the same period of 2023, an increase of 16.4%[103] - Government grants related to assets and income decreased to RMB 3,525 thousand in the first half of 2024, down from RMB 4,059 thousand in the same period of 2023, a decline of 13.2%[103] Expansion and Strategic Plans - The company plans to expand its campus network in the Greater Bay Area, focusing on both academic and non-academic vocational education markets, to solidify its position as a leading vocational education provider[20] - The company aims to upgrade Lingnan Vocational and Technical College to a vocational and technical university, with plans to introduce undergraduate programs and establish an innovation talent training model in collaboration with enterprises[21] - The company will pursue mergers and acquisitions to expand its network, targeting high-quality technical schools and non-academic vocational training institutions within the Greater Bay Area[23] - The company is expanding auxiliary education services, including adult continuing education and vocational skill certification training, with 28 social training evaluation outlets established across 9 cities in Guangdong Province[24] - The company is exploring international cooperation in vocational education, focusing on partnerships with institutions in Hong Kong, Macau, Singapore, and the EU to enhance program attractiveness and internationalization[25] - The company is transitioning to a "five-in-one" development model, integrating academic education, vocational training, and technical services, while exploring opportunities in training, talent dispatch, health, e-commerce, and public welfare[26] Financial Position and Assets - Net current assets increased by 171.2% from a net current liability of RMB 70.2 million at the end of 2023 to net current assets of RMB 50.0 million at the end of June 2024[37] - Interest-bearing bank and other borrowings stood at RMB 184.0 million as of June 30, 2024, with interest rates ranging from 3.1% to 6.8% per annum[39] - The leverage ratio decreased from 12.6% at the end of 2023 to 10.9% at the end of June 2024, primarily due to a reduction in interest-bearing bank and other borrowings[45] - Total assets as of June 30, 2024, stood at RMB 1,969,543 thousand, compared to RMB 1,898,434 thousand as of December 31, 2023[83] - Cash and cash equivalents decreased to RMB 271,133 thousand as of June 30, 2024, from RMB 421,417 thousand as of December 31, 2023[83] - Non-current assets totaled RMB 1,919,586 thousand as of June 30, 2024, down from RMB 1,968,597 thousand as of December 31, 2023[83] - Current liabilities decreased significantly to RMB 345,180 thousand as of June 30, 2024, from RMB 567,248 thousand as of December 31, 2023[83] - Net current assets improved to RMB 49,957 thousand as of June 30, 2024, compared to a net current liability of RMB (70,163) thousand as of December 31, 2023[83] - Non-current liabilities increased to RMB 288,765 thousand as of June 30, 2024, from RMB 247,281 thousand as of December 31, 2023[84] - Equity attributable to owners of the company increased to RMB 1,669,292 thousand as of June 30, 2024, from RMB 1,639,720 thousand as of December 31, 2023[84] - The company's total equity increased to RMB 1,680,778,000 as of June 30, 2024, compared to RMB 1,651,153,000 at the end of 2023, reflecting a growth of RMB 29,625,000[85] - Retained profits rose to RMB 1,091,977,000 as of June 30, 2024, up from RMB 1,014,378,000 at the end of 2023, an increase of RMB 77,599,000[85] - The company declared a final dividend of RMB 58,076,000 for 2023, which was deducted from the capital reserve - share premium[85] - The company's capital reserve - share premium decreased to RMB 288,819,000 as of June 30, 2024, from RMB 346,895,000 at the end of 2023, due to the dividend payment[85] - The company's foreign exchange fluctuation reserve decreased to RMB (555,000) as of June 30, 2024, from RMB (481,000) at the end of 2023, reflecting a loss of RMB 74,000[85] - The company's statutory and other surplus reserves increased to RMB 283,458,000 as of June 30, 2024, from RMB 273,335,000 at the end of 2023, reflecting a transfer from retained profits[85] - The company's non-controlling interests increased to RMB 362,000 as of June 30, 2024, from RMB 309,000 at the end of 2023, reflecting a growth of RMB 53,000[85] Cash Flow and Financing - Net cash generated from operating activities was RMB 32,328,000 for the six months ended June 30, 2023, compared to a net cash outflow of RMB 6,195,000 for the same period in 2024[87] - Depreciation of property, plant, and equipment increased to RMB 33,064,000 for the six months ended June 30, 2024, up from RMB 28,403,000 in the same period of 2023[87] - Operating cash flow for the six months ended June 30, 2024 was a net outflow of RMB 6,195 thousand, compared to a net inflow of RMB 32,328 thousand in the same period of 2023[88] - Net cash outflow from investing activities was RMB 61,506 thousand for the six months ended June 30, 2024, compared to a net inflow of RMB 69,961 thousand in the same period of 2023[88] - Net cash outflow from financing activities was RMB 80,614 thousand for the six months ended June 30, 2024, compared to a net inflow of RMB 42,208 thousand in the same period of 2023[88] - Cash and cash equivalents decreased by RMB 148,315 thousand in the six months ended June 30, 2024, compared to an increase of RMB 144,497 thousand in the same period of 2023[88] Corporate Governance and Shareholding - The company had 1,585 employees as of June 30, 2024, with compensation policies regularly reviewed and aligned with industry standards[46] - The company's directors and senior executives held significant equity interests, with Mr. He Huishan holding 46.48% and Ms. He Huifen holding 14.24% of the company's shares[48] - He Huishan holds 18,000,000 shares in Guangzhou Lingnan Education Group Limited, representing a 60.00% stake[51] - He Huifen holds 6,000,000 shares in Guangzhou Lingnan Education Group Limited, representing a 20.00% stake[51] - Zhihui Guang holds 570,000,000 shares in the company, representing a 42.73% stake[53] - Zhou Lanqing, through controlled entities, holds 570,000,000 shares, representing a 42.73% stake, and an additional 50,000,000 shares through spousal interests, representing a 3.75% stake[53] - China Foreign Education holds 190,000,000 shares, representing a 14.24% stake[53] - Han Liqing, through spousal interests, holds 190,000,000 shares, representing a 14.24% stake[53] - Fangyuan Education holds 190,000,000 shares, representing a 14.24% stake[53] - Du Wenyu, through spousal interests, holds 190,000,000 shares, representing a 14.24% stake[53] - The company has a share option plan approved on June 23, 2021, aimed at incentivizing key personnel and retaining talent[56] - The maximum number of shares that may be issued upon the exercise of all options under the plan and any other plans of the group shall not exceed 10% of the total issued shares as of July 13, 2021, which is 133,400,000 shares[57] - The remaining term of the plan is approximately six years as of the report date, and no options have been granted, exercised, canceled, or lapsed under the plan since its adoption[58] - The company has adopted corporate governance practices in line with the Corporate Governance Code and complied with all code provisions during the reporting period[69] - The company's audit committee and management reviewed the accounting principles, policies, and unaudited condensed consolidated financial statements for the six months ended June 30, 2024[72] - Mr. Qiu Jun resigned as CFO effective January 12, 2024, and Mr. Hu Zhenhua was appointed as CFO effective August 28, 2024[73] - No competitive business or conflicts of interest involving directors or their associates during the reporting period[79] - The company is monitoring regulatory changes and ensuring compliance with relevant rules and regulations for future acquisitions[80] Dividends and Shareholder Information - The company has proposed an interim dividend of 2.2 HK cents per share for the six months ended June 30, 2024, payable on September 30, 2024[63] - The company will suspend share registration from September 12, 2024, to September 13, 2024, to qualify for the proposed interim dividend[64] - The company declared an interim dividend of 2.2 HK cents per ordinary share, totaling approximately RMB 26,788 thousand, compared to no dividend in the same period in 2023[108] Regulatory and Compliance - The revised Vocational Education Law in 2022 emphasizes the equal importance of vocational education and general education, encouraging multi-level and multi-form vocational education[17] - The government's policy supports the development of vocational education, aiming to cultivate high-quality technical and skilled talents to meet market demands[17] - The company is applying for approval to establish a new school in California and considering other plans to meet qualification requirements[76] - The company's contractual arrangements remain compliant with the Foreign Investment Law, with no updates to related regulations during the reporting period[77] - The company is monitoring regulatory changes and ensuring compliance with relevant rules and regulations for future acquisitions[80] Miscellaneous - The company has reallocated HKD 209.6 million originally intended for land acquisition to the construction of teaching and administrative facilities and the purchase of teaching equipment[60] - The net proceeds from the global offering of ordinary shares amounted to approximately HKD 446.0 million, after deducting underwriting commissions and other expenses[60] - The company has allocated 14.1% (HKD 63.0 million) of the net proceeds to the construction of teaching and administrative facilities and the purchase of teaching equipment[60] - 25.9% (HKD 115.4 million) of the net proceeds has been allocated to the acquisition of other schools and education service providers to expand the school network[60] - The company has not identified any significant events requiring shareholders' attention between the end of the reporting period and the report date[59] - No purchase, redemption, or sale of any listed securities by the company or its subsidiaries during the six months ended June 30, 2024[66] - No significant investments or future plans for capital asset investments as of June 30, 2024[68] - The company's main business is investment holding and providing private higher vocational education in China[89] - The unaudited interim condensed consolidated financial statements are prepared in accordance with HKAS 34 and presented in RMB, rounded to the nearest thousand[90] - The company adopted revised HKFRS 16, HKAS 1 (2020 amendments), HKAS 1 (2022 amendments), and HKAS 7 during the period, with no material impact on financial position or performance[91][92][93] - The company operates in a single segment, providing higher vocational education services in China, with all revenue and long-term assets/capital expenditures derived from/located in China[94][95] - The company did not have any single customer contributing 10% or more of its total revenue during the reporting period[96] - Contract liabilities at the end of June 2024 stood at RMB 71,062 thousand, compared to RMB 234,117 thousand at the end of December 2023, a significant decrease of 69.6%[100] - Revenue recognized from the beginning contract liabilities balance in the first half of 2024 was RMB 232,439 thousand, up from RMB 176,381 thousand in the same period of 2023, an increase of 31.8%[101] - The company's income tax expense in mainland China for the six months ended June 30, 2024, was RMB 257 thousand, a significant decrease from RMB 1,772 thousand in the same period in 2023[108] - The basic and diluted earnings per share for the six months ended June 30, 2024, were calculated based on a profit attributable to ordinary shareholders of RMB 87,722 thousand, slightly higher than RMB 87,341 thousand in the same period in 2023[109] - The weighted average number of ordinary shares used in calculating basic and diluted earnings per share remained unchanged at 1,334,000,000 shares for both 2024 and 2023[110] - The company sold assets with a net book

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。 SOUTH CHINA VOCATIONAL EDUCATION GROUP COMPANY LIMITED 中國華南職業教育集團有限公司 （於開曼群島註冊成立的有限公司） （股份代號：6913） 截至二零二四年六月三十日止六個月中期業績公告 及 變更本公司首次公開發售所得款項用途 中國華南職業教育集團有限公司（「本公司」）董事（「董事」）會（「董事會」）欣然宣 佈本公司及其附屬公司（統稱「本集團」）截至二零二四年六月三十日止六個月（「報 告期間」）的未經審核中期簡明綜合財務報表，連同二零二三年同期的比較數字。 | --- | --- | --- | --- | --- | |------------------------------------------------------------------------------------------------------------------- ...

（於開曼群島註冊成立的有限公司） 股份代號: 6913 ...

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。 SOUTH CHINA VOCATIONAL EDUCATION GROUP COMPANY LIMITED 中國華南職業教育集團有限公司 （於開曼群島註冊成立的有限公司） （股份代號：6913） 截至二零二三年十二月三十一日止年度 全年業績公告 及所得款項用途預期時間表的最新情況 中國華南職業教育集團有限公司（「本公司」）董事（「董事」）會（「董事會」）欣然宣 佈本公司及其附屬公司（統稱「本集團」）截至二零二三年十二月三十一日止年度 （「報告期間」）的綜合財務報表，連同截至二零二二年十二月三十一日止年度的比 較數字。 財務摘要 截至十二月三十一日止年度 二零二三年 二零二二年 變動 變動百分比 人民幣千元 人民幣千元 人民幣千元 (%) （經重列） 收益 556,204 516,276 39,928 +7.7 ...

主要客戶資料 報告期間內，概無任何提供予單一客戶的服務的收益佔本集團總收益的10%或以上（截至二零 二二年六月三十日止六個月：無）。 39 中國華南職業教育集團有限公司 • 2023 中期報告 中國華南職業教育集團有限公司 • 2023 中期報告 38 未經審核中期簡明綜合財務報表附註 二零二三年六月三十日 4. 收益、其他收入及收益 收益、其他收入及收益的分析如下： | --- | --- | --- | --- | |----------------------------|-------|-------------------------------------|--------------| | | 附註 | 截至六月三十日止六個月 \n二零二三年 | 二零二二年 | | | | 人民幣千元 | 人民幣千元 | | | | （未經審核） | （未經審核） | | 收益 | | | | | | | | | | 客戶合約收益 | | | | | 學費 | (a) | 251,297 | 239,584 | | 寄宿費 | (a) | 21,824 | 20,563 | | 其他教育服務費 | (b) | ...

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依 賴該等內容而引致的任何損失承擔任何責任。 SOUTH CHINA VOCATIONAL EDUCATION GROUP COMPANY LIMITED 中國華南職業教育集團有限公司 （於開曼群島註冊成立的有限公司） （股份代號：6913） 截至二零二三年六月三十日止六個月中期業績公告 中國華南職業教育集團有限公司（「本公司」）董事（「董事」）會（「董事會」）欣然宣 佈本公司及其附屬公司（統稱「本集團」）截至二零二三年六月三十日止六個月（「報 告期間」）的未經審核中期簡明綜合財務報表，連同二零二二年同期的比較數字。 財務摘要 截至六月三十日止六個月 二零二三年 二零二二年 變動 百分比變動 人民幣千元 人民幣千元 人民幣千元 (%) （未經審核） （未經審核） （經重列） 收益 277,947 264,548 13,399 +5.1 銷售成本 161,932 141,691 20,241 +14.3 毛利 116,015 122,857 (6,8 ...

（於開曼群島註冊成立的有限公司） 股份代號: 6913 ...

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。 SOUTH CHINA VOCATIONAL EDUCATION GROUP COMPANY LIMITED 中國華南職業教育集團有限公司 （於開曼群島註冊成立的有限公司） （股份代號：6913） 截至二零二二年十二月三十一日止年度 全年業績公告 及變更所得款項用途 中國華南職業教育集團有限公司（「本公司」）董事（「董事」）會（「董事會」）欣然宣 佈本公司及其附屬公司（統稱「本集團」）截至二零二二年十二月三十一日止年度 （「報告期間」）的綜合財務報表，連同截至二零二一年十二月三十一日止年度的比 較數字。 財務摘要 截至十二月三十一日止年度 二零二二年 二零二一年 變動 變動百分比 人民幣千元 人民幣千元 人民幣千元 (%) 收益 516,276 499,621 16,655 +3.33 銷售成本 319,436 298,007 21,429 +7.19 毛利 196,840 201,614 (4,774 ...

SOUTH CHINA VOCATIONAL EDUCATION GROUP COMPANY LIMITED INTERIM REPORT 2022 中期報告 股份代號 : 6913 （於開曼群島註冊成立的有限公司） 2022 中 期 報 告 目 錄 | --- | --- | |------------------------------------------|-------| | | 頁次 | | 公司資料 | 2 | | 管理層討論與分析 | 4 | | 企業管治╱其他資料 | 15 | | 未經審核中期簡明綜合損益及其他全面收益表 | 26 | | 未經審核中期簡明綜合財務狀況表 | 28 | | 未經審核中期簡明綜合權益變動表 | 30 | | 未經審核中期簡明綜合現金流量表 | 32 | | 未經審核中期簡明綜合財務報表附註 | 34 | | | | | | | | | | 公司資料 董事會 執行董事 賀惠山先生（主席） 賀惠芬女士（行政總裁） 賀惠芳女士 提名委員會 賀惠山先生（主席） 羅潘先生 葉哲瑋先生 有關香港法律的法律顧問 | --- | --- | |---------------- ...

现在会议开始各位投资者及分析师朋友欢迎大家参加中国华南职业教育集团有限公司2021年业绩说明及未来展望推介会在此让我介绍一下今天参与会议的管理层他们是行政总裁兼执行董事贺慧芬女士执行董事劳汉生先生 广州岭南教育集团常务副总裁黄世平先生广州岭南教育集团财务总监邱军先生首先有请行政总裁兼执行董事后卫芬女士为我们做开场致辞有请好的 谢谢 尊敬的各位投资者和分析师大家上午好我是华南职业教育集团贺慧芬今天我仅代表中国华南职业教育集团有限公司感谢各位出席今天线上的2021年业绩说明及未来展望的推介会非常开心地告诉大家一个好消息 在前天刚刚闭幕的13届全国人大常委会第34次会议上会议审议通过了最新修订的中华人民共和国职业教育法表明国家从立法层面为职业教育的稳步发展提供了强有力的支持未来职业教育的吸引力和培养品质预期将显著提高 主义职业教育行业的春天正在到来中国华南职业教育集团作为中国民办职业教育的佼佼者是粤港澳大湾区领先的民办学历职业教育服务提供商近30年来我们一直以为社会塑造优秀人才为宗旨为国家培养人才办人民满意的教育 去年职业教育发展围绕着高质量发展的方向步入内涵建设和体制培优的关键期华南职业教育虽然受政策性的影响进行 ...