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领地控股9月1日起停牌 以待发布中期业绩及其他内幕消息
Zhi Tong Cai Jing· 2025-09-01 01:07
领地控股(06999)公布,公司股份将于2025年9月1日(星期一)上午九时正起暂停于联交所买卖,以待刊发 公司2025年中期业绩及其他内幕消息。 ...
领地控股(06999) - (1)延迟刊发截至2025年6月30日止六个月之中期业绩;(2)可能延迟...
2025-09-01 00:56
Leading Holdings Group Limited 領 地 控 股 集 團 有 限 公 司 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 因倚賴該等內容而引致的任何損失承擔任何責任。 – 1 – 將無法於2025年9月30日或之前寄發2025年中期報告。儘管如此,本公司將盡最 大努力儘快刊發2025年中期業績及2025年中期報告。 ( 於 開 曼 群 島 註 冊 成 立 的 有 限 公 司 ) (股份代號:6999) (1)延遲刊發截至2025年6月30日止六個月之中期業績; (2)可能延遲寄發2025年中期報告; (3)董事會會議延期; 及 (4)暫停買賣 本公告由領地控股集團有限公司(「本公司」)根據香港聯合交易所有限公司(「聯 交所」)證券上市規則(「上市規則」)第13.09、13.48(1)及13.49(6)條及證券及期貨 條例(香港法例第571章)第XIVA部項下的內幕消息條文作出。 延遲刊發截至2025年6月30日止六個月之中期業績及可能延遲寄發2025年 中期報告 根據 ...
领地控股(06999.HK)8月22日收盘上涨24.04%,成交395港元
Jin Rong Jie· 2025-08-22 08:36
企业成功在香港联合交易所主板上市 股票代码:6999.HK 2020年12月10日,领地控股集团有限公司在香港联合交易所主板挂牌上市,港股上市是领地控股发展史上 的重要里程碑。作为第一家港股上市川系房企,领地控股将把握机遇,行稳致远,继续坚持以为人们创造健 康美好生活为使命,用更高质量的发展,更优质的产品和服务,回报股东和投资者,回馈社会。 8月22日,截至港股收盘,恒生指数上涨0.93%,报25339.14点。领地控股(06999.HK)收报0.129港元/ 股,上涨24.04%,成交量3000股,成交额395港元,振幅3.85%。 最近一个月来,领地控股累计涨幅8.33%,今年来累计跌幅36.97%,跑输恒生指数25.15%的涨幅。 财务数据显示,截至2024年12月31日,领地控股实现营业总收入85.71亿元,同比减少53.65%;归母净 利润-20.85亿元,同比减少58.04%;毛利率1.33%,资产负债率99.28%。 机构评级方面,目前暂无机构对该股做出投资评级建议。 行业估值方面,地产行业市盈率(TTM)平均值为2.97倍,行业中值-0.16倍。领地控股市盈率-0.05 倍,行业排名第261位 ...
领地控股(06999) - 董事会会议召开日期
2025-08-11 08:43
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。 Leading Holdings Group Limited 董事長 劉玉輝 香港,2025年8月11日 領 地 控 股 集 團 有 限 公 司 於本公告日期,本公司董事會成員包括執行董事劉玉輝先生及羅昌林先生,以及獨立非執行 董事張光虎先生及方敏先生。 ( 於 開 曼 群 島 註 冊 成 立 的 有 限 公 司 ) (股份代號:6999) 董事會會議召開日期 領地控股集團有限公司(「本公司」)董事會(「董事會」)謹此宣佈,董事會會議 將於2025年8月29日(星期五)舉行,藉以(其中包括)考慮及批准本公司及其附 屬公司截至2025年6月30日止六個月之中期業績及其發佈,並考慮建議派發中 期股息(如有)。 承董事會命 領地控股集團有限公司 ...
领地控股(06999) - 截至2025年7月31日止月份之股份发行人的证券变动月报表
2025-08-01 08:49
FF301 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年7月31日 狀態: 新提交 致:香港交易及結算所有限公司 公司名稱: 領地控股集團有限公司 (於開曼群島註冊成立之有限公司) 呈交日期: 2025年8月1日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 不適用 | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 06999 | 說明 | | | | | | | | | 法定/註冊股份數目 | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | 10,000,000,000 | HKD | | 0.01 HKD | | 100,000,000 | | 增加 / 減少 (-) | | | 0 | | HKD | | | | 本月底結存 | | 10,000,000,000 | HKD | | 0.01 HKD | | 100,000,000 | 本月底法定/註冊股本總額: HKD ...
领地控股(06999) - 2024 - 年度财报
2025-04-16 08:42
Financial Performance - The company reported a revenue increase of 15% year-over-year, reaching $500 million for the fiscal year 2024[4]. - The company's total revenue decreased by 54% from approximately RMB 18,494 million for the year ended December 31, 2023, to approximately RMB 8,571 million for the year ended December 31, 2024[40]. - Property sales revenue fell by 54% from approximately RMB 18,316 million for the year ended December 31, 2023, to approximately RMB 8,426 million for the year ended December 31, 2024[41]. - Revenue from commercial property operations decreased by 22% from approximately RMB 111 million for the year ended December 31, 2023, to approximately RMB 86 million for the year ended December 31, 2024[42]. - Hotel operations revenue declined by 11% from approximately RMB 53 million for the year ended December 31, 2023, to approximately RMB 48 million for the year ended December 31, 2024[43]. - Project management revenue decreased by 15% from approximately RMB 14 million for the year ended December 31, 2023, to approximately RMB 12 million for the year ended December 31, 2024[44]. - The group's gross profit for the year was RMB 114 million, compared to a gross loss of RMB 1,766 million for the year ended December 31, 2023[46]. - The gross margin for the year ending December 31, 2024, is approximately 1.3%[47]. - The net loss for the year ending December 31, 2024, was approximately RMB 2,335 million, compared to a net loss of RMB 986 million for the year ended December 31, 2023[56]. User and Market Growth - User data showed a growth in active users by 25%, totaling 2 million users by the end of Q4 2024[4]. - The company provided guidance for the next fiscal year, projecting a revenue growth of 10% to 12%[4]. - New product launches are expected to contribute an additional $50 million in revenue in 2025[4]. - Market expansion plans include entering three new countries by the end of 2025, targeting a 5% market share in each[4]. - The company completed a strategic acquisition of a competitor for $100 million, expected to enhance market position[4]. Cost Management and Profitability - Cost reduction strategies are projected to save $10 million annually starting in 2025[4]. - The company reported a net profit margin of 20%, up from 18% in the previous year[4]. - Customer satisfaction ratings improved to 90%, reflecting a 5% increase from the previous year[4]. Property Sales and Development - The company's contracted sales amount reached RMB 3,727 million in 2024, a decrease of 53% compared to the previous year[18]. - The total construction area of contracted sales was approximately 0.58 million square meters, down about 47% from approximately 1.1 million square meters in the previous year[18]. - The company's recognized property sales revenue decreased by 54% to approximately RMB 8,427 million, accounting for 98% of total revenue[21]. - The average recognized property sales price fell from RMB 7,244 per square meter in the previous year to RMB 6,876 per square meter in 2024[21]. - The company delivered approximately 910,000 square meters of properties to owners, demonstrating the resilience of its production system and project teams[16]. Inventory and Debt Management - The company aims to focus on "clearing inventory," "reducing burdens," and "renewal" as core strategies for 2025[17]. - The company recognizes the need to optimize its debt structure and increase liquidity through policy-driven asset activation[17]. - The total debt as of December 31, 2024, was approximately RMB 5,195 million, down from approximately RMB 7,098 million as of December 31, 2023[59]. - The net capital debt ratio increased to approximately 21.3 times as of December 31, 2024, compared to approximately 1.87 times as of December 31, 2023, primarily due to a decrease in net asset value[62]. Corporate Governance and Management - The company has adopted the principles and code provisions of the Corporate Governance Code as stated in Appendix C1 of the Listing Rules, with the exception of deviation from code provision C.2.1[96]. - The company believes that incorporating good corporate governance elements into its management structure and internal control procedures is crucial for effective accountability[91]. - The company has confirmed that there were no matters of non-compliance with the standard code by any directors or relevant employees for the year ending December 31, 2024[94]. - The company has a balanced board composed of executive and independent non-executive directors to ensure strong independence and effective independent judgment[96]. - The board of directors consists of five members, including two executive directors and three independent non-executive directors[99]. Risk Management - The board believes that its risk management and internal control systems are effective and sufficient as of the fiscal year ending December 31, 2024[141]. - The main operational risks faced by the group include changes in China's political and economic conditions, regulatory environment, and competition from other property developers[137]. - The internal audit and risk control functions analyze and independently assess the adequacy and effectiveness of the risk management and internal control systems at least annually[139]. Employee and Shareholder Engagement - The group employs 585 staff as of December 31, 2024, down from 928 staff in 2023, with employee costs recognized at RMB 159 million[73]. - The company has established multiple channels for ongoing dialogue with shareholders, including company communications and shareholder meetings[150]. - The company encourages shareholders to attend annual general meetings or appoint representatives to vote on their behalf[153].
香港金管局与银行业支持多个行业中小企业;长城汽车与宇树科技达成战略合作丨港交所早参
Mei Ri Jing Ji Xin Wen· 2025-04-08 15:33
4月8日,长城汽车(HK02333,股价11.42港元)与宇树科技签署战略合作协议,将在机器人技术和智能制造领域合作,重点推进人形和四足机 器人技术、智能控制系统等,首期将探索"越野车+机器狗"的应用场景。 点评:长城汽车与宇树科技的合作将推动智能制造和机器人技术的发展,开拓新应用场景。投资者应关注这一战略合作可能带来的创新增长机 会,尤其是在智能交通和机器人产业领域,未来有望提升公司的市场竞争力。 NO.3 美的集团拟以15亿至30亿元回购公司A股股份 4月8日,美的集团(HK00300,股价65.80港元)公告计划回购A股股份,金额不超过30亿元,最低15亿元,用于股权激励和员工持股。预计回 购数量在1500万至3000万股之间,回购期限为12个月。 点评:美的集团的回购计划显示出公司对自身价值的信心,有助于提升股东回报和市场信心。投资者应关注回购对股价的支持作用,预计在未 来12个月内,股价可能会受到正面影响,值得关注。 每经记者 黄婉银 实习生 刘姝 每经编辑 魏文艺 |2025年4月9日 星期三| NO.1 香港金管局与银行业支持多个行业中小企业 4月8日,香港金融管理局与银行业推出新措施,支持中小 ...
领地控股(06999) - 2024 - 年度业绩
2025-03-28 14:11
Financial Performance - The total revenue for the year ended December 31, 2024, was RMB 8,571 million, a decrease from RMB 18,494 million in 2023[4] - The gross profit for the year ended December 31, 2024, was RMB 114 million, significantly down from RMB 1,766 million in 2023[4] - The loss attributable to owners of the company for the year ended December 31, 2024, was RMB 2,085 million, compared to a loss of RMB 1,319 million in 2023[4] - The group recorded a net loss of RMB 2,334,805,000 for the year ended December 31, 2024, with operating net cash outflow[11] - The company's revenue decreased by 54% from approximately RMB 18,494 million for the year ended December 31, 2023, to approximately RMB 8,571 million for the year ending December 31, 2024[67] - Property sales revenue fell by 54% from approximately RMB 18,316 million to approximately RMB 8,426 million due to industry downturn[68] - The company's gross profit was recorded at RMB 114 million, compared to a gross loss of RMB 1,766 million for the previous year[73] Assets and Liabilities - As of December 31, 2024, cash and bank balances amounted to RMB 1,480 million[2] - Total current liabilities as of December 31, 2024, were RMB 19,609 million, down from RMB 28,809 million in 2023[6] - The total non-current assets decreased to RMB 3,756 million as of December 31, 2024, from RMB 5,167 million in 2023[5] - The net assets attributable to the parent company decreased to RMB 161 million as of December 31, 2024, from RMB 2,635 million in 2023[6] - The total debt of the group as of December 31, 2024, was approximately RMB 5,195 million, a decrease from approximately RMB 7,098 million as of December 31, 2023[88] - The net capital debt ratio increased to approximately 21.3 times as of December 31, 2024, compared to approximately 1.87 times as of December 31, 2023, mainly due to a decrease in net asset value[91] Cash Flow and Financing - The group is actively seeking new financing sources to meet its financial obligations and operational needs[12] - The group plans to maintain sufficient cash through internal sales proceeds and adequate credit financing commitments to meet operational needs[93] - The group has established liquidity risk management measures, including a budgeting system and strict cost control, to ensure sufficient reserves and backup funds[93] - The group has successfully negotiated extensions or deferments of bank and other borrowings with existing lenders[13] - Total bank and other borrowings, along with preferred notes, amounted to RMB 5,194,680,000, with RMB 2,766,980,000 due within the next twelve months[112] Sales and Revenue Breakdown - Total revenue from external customers for property development was RMB 8,438,133,000, with a segment loss of RMB 1,014,939,000[22] - Confirmed property sales revenue dropped 54% from approximately RMB 18,316 million in 2023 to about RMB 8,427 million in 2024, accounting for 98% of total revenue[51] - The residential property segment accounted for 84.7% of total sales revenue in 2024, down from 92.6% in 2023, with sales of RMB 7,137,030 thousand[54] - Revenue from commercial property operations fell by 22% to approximately RMB 86 million for the year ending December 31, 2024, down from RMB 111 million in 2023[57] Operational Challenges - The group has been involved in various lawsuits, which may impact its ability to continue as a going concern[11] - The company aims to address inventory pressure as a key challenge in 2025, focusing on effective inventory reduction strategies[47] - The group is exploring opportunities to sell equity in several project development companies to generate additional cash inflow[12] Employee and Administrative Costs - As of December 31, 2024, the group had 585 employees, a decrease from 928 employees as of December 31, 2023[102] - Employee costs recognized for the year amounted to RMB 159 million, down from RMB 198 million in the previous year[102] - Administrative expenses decreased by 33% from approximately RMB 295 million to approximately RMB 198 million, primarily due to a reduction in administrative personnel[77] Governance and Compliance - The audit committee, composed of three independent non-executive directors, reviewed the annual performance for the year ending December 31, 2024[110] - The independent auditor's report indicated no opinion on the consolidated financial statements due to uncertainties related to going concern[111] - The company has complied with the corporate governance code, except for the separation of the roles of chairman and CEO[108] Future Outlook and Strategy - The group plans to accelerate property sales and has implemented measures to recover unpaid sales proceeds effectively[12] - The company aims to leverage its land reserves for future growth and market expansion strategies[60] - The company is focusing on residential and commercial developments, with a significant portion of land designated for parking and ancillary facilities[60]
领地控股(06999) - 2024 - 中期财报
2024-09-13 08:31
Financial Performance - The company reported a significant increase in revenue, achieving a total of HKD 1.2 billion, representing a 15% growth compared to the previous period[8]. - Revenue for the six months ended June 30, 2024, was RMB 4,558,020 thousand, a decrease of 35% compared to RMB 7,025,033 thousand in the same period of 2023[93]. - The company's revenue for the six months ended June 30, 2024, decreased by 35.1% to approximately RMB 4,558.0 million from RMB 7,025.0 million for the same period in 2023, primarily due to sluggish sales in the real estate sector[45]. - Property sales revenue fell by 35.3% to approximately RMB 4,486.7 million for the six months ended June 30, 2024, compared to RMB 6,932.9 million for the same period in 2023[46]. - The company reported a net loss of RMB 756,418 thousand for the six months ended June 30, 2024, compared to a loss of RMB 93,602 thousand in the prior year, representing a significant increase in losses[94]. - The total comprehensive income for the six months ended June 30, 2024, was a loss of RMB 816,968,000, compared to a loss of RMB 250,441,000 for the same period in 2023, indicating a worsening of 226.5%[99]. Market and User Growth - User data showed a 20% increase in active users, reaching 500,000 by the end of the reporting period[8]. - Market expansion efforts have led to a 25% increase in market share in the Asia-Pacific region[6]. - New product launches contributed to 30% of total sales, indicating strong market demand[8]. Future Outlook and Strategy - The company provided a positive outlook, projecting a revenue growth of 10-15% for the next quarter[6]. - The company plans to enhance its digital marketing strategy, aiming for a 50% increase in online engagement[6]. - The company is exploring potential acquisitions to further strengthen its market position, with a budget of HKD 500 million allocated for this purpose[6]. - The group aims to accelerate project delivery and enhance cash flow management in response to current market challenges[22]. - The company plans to monitor development and construction timelines, property sales, and land acquisition plans based on cash inflows from existing and planned external financing opportunities[60]. Property Development and Sales - The group's recognized property sales revenue decreased by 35.3% to approximately RMB 4,486.7 million for the six months ended June 30, 2024, accounting for 98.4% of total revenue[26]. - The average contracted selling price was approximately RMB 6,817.7 per square meter, compared to RMB 7,352.3 per square meter for the same period in 2023[23]. - The total contracted sales area for the same period was approximately 0.3 million square meters, down 61.7% from approximately 0.8 million square meters in the previous year[23]. - The group delivered approximately 100,000 units and a total delivery area of about 1 million square meters in the first half of 2024[22]. Financial Position and Liabilities - As of June 30, 2024, the total debt of the group is approximately RMB 5,485.0 million, a decrease from RMB 7,097.6 million as of December 31, 2023, representing a reduction of about 22.7%[63]. - The company's cash and bank balances as of June 30, 2024, were approximately RMB 1,803.3 million, a decrease from RMB 2,006.6 million as of December 31, 2023[62]. - The net capital debt ratio as of June 30, 2024, is approximately 2.13 times, up from 1.93 times as of December 31, 2023, indicating an increase due to a decrease in net assets[65]. - The group has capital commitments of RMB 18,822 million as of June 30, 2024, compared to RMB 12,146 million as of December 31, 2023, indicating an increase of approximately 55.5%[70]. Corporate Governance and Shareholder Information - The company has adopted the corporate governance code and has complied with its provisions, except for the separation of the roles of chairman and CEO[87]. - The company confirmed that all directors and relevant employees complied with the securities trading code during the six months ended June 30, 2024[88]. - As of June 30, 2024, the company’s major shareholder, Liu Yuhui, holds 766,374,000 shares, accounting for 74.63% of the company's equity[78]. - The company has adopted a stock option plan allowing for a maximum of 100,000,000 shares to be granted, representing approximately 9.74% of the total issued shares as of June 30, 2024[77]. Operational Challenges - The group plans to actively seek policy support from financial institutions to alleviate short-term operational pressures[22]. - The company is involved in several ongoing litigation and arbitration cases as of June 30, 2024, which may impact its financial position[75]. - The company has not recognized any significant contingent liabilities related to guarantees provided for loans to subsidiaries undergoing liquidation[143]. Cash Flow and Investments - Cash flow from operating activities for the six months ended June 30, 2024, was a net outflow of RMB 901,761,000, compared to an inflow of RMB 1,999,672,000 in the same period of 2023, representing a significant decline[100]. - The company experienced a significant increase in cash flow from investing activities, reporting a net inflow of RMB 723,264,000 for the six months ended June 30, 2024, compared to an outflow of RMB 58,314,000 in the same period of 2023[101]. - The company is exploring opportunities to sell equity in several project development companies to generate additional cash inflow[106].
领地控股(06999) - 2024 - 中期业绩
2024-08-30 10:43
Financial Performance - For the six months ended June 30, 2024, the contract sales amount reached RMB 2,121.0 million[2]. - The revenue for the same period was RMB 4,558.0 million, a decrease from RMB 7,025.0 million in 2023, representing a decline of approximately 35%[3]. - Gross profit for the six months was RMB 533.9 million, down from RMB 983.2 million in 2023, indicating a decrease of about 45.5%[3]. - The loss attributable to owners of the company was RMB 817.0 million, compared to a loss of RMB 250.4 million in the same period last year, reflecting a significant increase in losses[3]. - The company reported a net loss per share of RMB 0.80 for the period, compared to RMB 0.24 in the previous year[3]. - The group recorded a net loss of RMB 756,417,000 for the six months ended June 30, 2024[9]. - The total tax expense for the six months ended June 30, 2024, was RMB 320.1 million, compared to RMB 210.1 million for the same period in 2023[25]. - The company recorded a loss of approximately RMB 756.4 million for the six months ended June 30, 2024, compared to a loss of RMB 93.6 million for the same period in 2023[62]. Assets and Liabilities - Cash and bank balances as of June 30, 2024, amounted to RMB 1,803.3 million[2]. - Total current liabilities increased to RMB 25,043.4 million from RMB 28,809.3 million in the previous year[6]. - Non-current assets decreased to RMB 4,702.8 million from RMB 5,167.1 million as of December 31, 2023[5]. - The net assets attributable to the owners of the parent company decreased to RMB 1,494.0 million from RMB 2,269.1 million[6]. - Total assets as of June 30, 2024, amounted to RMB 29,142,584 thousand, a decrease from RMB 34,046,771 thousand as of December 31, 2023[17]. - The total liabilities as of June 30, 2024, were RMB 27,415,778 thousand, compared to RMB 31,411,888 thousand at the end of 2023, reflecting a reduction of 12.5%[17]. - Total debt as of June 30, 2024, was approximately RMB 5,485.0 million, a decrease from RMB 7,097.6 million as of December 31, 2023[66]. - The net capital debt ratio increased to approximately 2.13 times as of June 30, 2024, compared to 1.93 times as of December 31, 2023, primarily due to a decrease in net assets[69]. - As of June 30, 2024, the group's bank borrowings secured by assets amounted to approximately RMB 8,235.4 million, a decrease from RMB 12,349.9 million as of December 31, 2023[72]. - The total guarantees provided by the group for loans amounted to RMB 12,673.5 million as of June 30, 2024, down from RMB 16,723.5 million[74]. Revenue Breakdown - The property development segment generated revenue of RMB 4,494,114 thousand, down from RMB 6,943,802 thousand, reflecting a decline of 35.3%[15]. - The hotel operations segment reported a profit of RMB 19,527 thousand, compared to a profit of RMB 19,807 thousand in the previous year, indicating a slight decrease of 1.4%[15]. - The company recognized impairment losses of RMB 103,868 thousand for completed properties held for sale and development properties during the period[21]. - The company's recognized property sales revenue decreased by 35.3% to approximately RMB 4,486.7 million for the six months ended June 30, 2024, accounting for 98.4% of total revenue[34]. - The average confirmed selling price per square meter for the six months ending June 30, 2024, was RMB 7,385, down from RMB 7,427 in 2023, reflecting a decrease of 0.6%[37]. - Revenue from commercial property operations for the six months ending June 30, 2024, was approximately RMB 39.6 million, a decrease of 29.4% from RMB 56 million in the same period of 2023, mainly due to economic downturn impacts[39]. - The company's revenue decreased by 35.1% from approximately RMB 7,025.0 million for the six months ended June 30, 2023, to approximately RMB 4,558.0 million for the six months ended June 30, 2024, primarily due to a downturn in the real estate market[48]. Cost and Expenses - The cost of sales for the six months ended June 30, 2024, was RMB 4,105,741 thousand, down from RMB 6,025,046 thousand, representing a decrease of 31.9%[21]. - The company's cost of sales decreased by 33.4% from approximately RMB 6,041.8 million to approximately RMB 4,024.1 million, reflecting reduced revenue due to market downturn[53]. - Sales and promotion expenses decreased by 55.1% to approximately RMB 212.2 million for the six months ended June 30, 2024, down from RMB 472.9 million for the same period in 2023, primarily due to reduced sales[56]. - Administrative expenses decreased by 26.2% to approximately RMB 136.9 million for the six months ended June 30, 2024, compared to RMB 185.6 million for the same period in 2023, attributed to a reduction in staff from 490 to 340[57]. - Financing costs decreased by 32.7% to approximately RMB 97.6 million for the six months ended June 30, 2024, down from RMB 145.1 million for the same period in 2023, due to a reduction in financing balance[59]. Strategic Initiatives - The group plans to appoint financial advisors to assist in the overall restructuring of preferred notes to reach a consensus solution with stakeholders[10]. - The group is actively negotiating with existing lenders to seek extensions or defer repayments of bank and other borrowings[10]. - A business strategy plan has been developed to accelerate property sales[10]. - The group aims to recover outstanding sales proceeds more quickly and effectively control costs and expenses[10]. - The management believes that, considering the plans and measures, the group will have sufficient working capital to meet its financial obligations within the next twelve months[10]. - The company plans to focus on market expansion and new product development to improve future performance[15]. - The company is actively pursuing new projects and expansions to strengthen its market position and increase its land portfolio[42][43]. Corporate Governance - The board did not recommend the payment of an interim dividend for the six months ended June 30, 2024, consistent with no dividend declared for the same period in 2023[82]. - The audit committee reviewed the group's unaudited interim results for the six months ended June 30, 2024, and agreed with the management on the financial reporting matters[85]. - The group has complied with the corporate governance code, except for the deviation regarding the separation of the roles of chairman and CEO[83]. - The interim report for the six months ending June 30, 2024, will be published on the Hong Kong Stock Exchange and the company's website[86].