香港交易及結算所有限公司及香港聯合交易所有限公司（「聯交所」）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，概不就因本公告 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。 ORIENTAL UNIVERSITY CITY HOLDINGS (H.K.) LIMITED 東 方 大 學 城 控 股（ 香 港 ）有 限 公 司 （於香港註冊成立的有限公司） （股份代號：8067） 第三季度業績公告 截至二零二三年三月三十一日止九個月 聯交所GEM（「GEM」）的特色 GEM乃為較於聯交所上市的其他公司帶有更高投資風險的中小型公司提供上市的 市場。有意投資者應了解投資該等公司的潛在風險，並應僅於經過審慎周詳考慮後 方作出投資決定。 由於GEM上市公司普遍為中小型公司，在GEM買賣的證券可能會較於聯交所主 板買賣的證券承受較大的市場波動風險，同時亦無法保證在GEM買賣的證券會有 一個高流通量的市場。 本公告乃遵照GEM證券上市規則（「GEM上市規則」）的規定提供有關東方大學城控 股（香港）有限公司（「本公司」）的資料，本公司董事（「董事」）願共同及個別對此負 全責。 ...

Financial Performance - The group recorded revenue of RMB 22.97 million for the six months ended December 31, 2022, a decrease of 12.3% compared to RMB 26.18 million for the same period in 2021[8]. - Profit attributable to owners of the company was RMB 1.57 million, an increase of 36.7% from RMB 1.15 million for the same period in 2021[8]. - Basic earnings per share for the six months ended December 31, 2022, remained stable at RMB 0.01, similar to the same period in 2021[8]. - Operating profit for the six months ended December 31, 2022, was RMB 9.29 million, a decrease of 20.1% from RMB 11.62 million in the previous year[9]. - EBITDA for the six months ended December 31, 2022, was RMB 9.48 million, a decrease of 20.0% from RMB 11.85 million in the previous year[9]. - For the three months ended December 31, 2022, the company reported a total comprehensive income of RMB 816,000, compared to a loss of RMB 15,000 in the same period of 2021, representing a significant recovery[11]. - The company's net profit attributable to owners for the six months ended December 31, 2022, was RMB 1,573,000, an increase of 36.7% compared to RMB 1,151,000 for the same period in 2021[11]. - Revenue from educational facility leasing dropped by 12.6% to RMB 21,160,000 from RMB 24,203,000 year-on-year[30]. - Revenue decreased by 12.3% from RMB 261.8 million in the first half of fiscal year 2022 to RMB 229.7 million in the current period, primarily due to reduced leasing space for educational institutions[58]. Expenses and Costs - Employee costs decreased by 19.8% to RMB 2.53 million from RMB 3.16 million in the previous year[9]. - Operating cash flow for the six months ended December 31, 2022, was RMB 21,355,000, slightly down from RMB 21,687,000 in the same period of 2021[18]. - Interest expenses decreased by 26.9% from RMB 104.3 million in the first half of fiscal year 2022 to RMB 76.3 million, due to a gradual reduction in loan principal[69]. - The company experienced a 258.7% increase in business tax and additional taxes, totaling RMB 434, compared to RMB 121 in the previous year[9]. Assets and Liabilities - Total assets as of December 31, 2022, amounted to RMB 1,671,631,000, up from RMB 1,656,313,000 as of June 30, 2022[12]. - The company's cash and cash equivalents increased to RMB 9,120,000 as of December 31, 2022, compared to RMB 4,713,000 as of June 30, 2022, indicating improved liquidity[12]. - The company’s current liabilities rose to RMB 75,516,000 as of December 31, 2022, compared to RMB 61,275,000 as of June 30, 2022, indicating increased short-term obligations[12]. - The total trade receivables as of December 31, 2022, were RMB 2,194,000, a decrease from RMB 6,559,000 as of June 30, 2022, indicating a reduction in outstanding receivables[47]. - The total trade and other payables as of December 31, 2022, were RMB 31,741,000, an increase from RMB 19,470,000 as of June 30, 2022, suggesting a rise in liabilities[49]. - Net current liabilities increased to RMB 526 million as of December 31, 2022, compared to RMB 351.9 million as of June 30, 2022[74]. Investments and Future Plans - The company plans to explore new strategies for market expansion and product development in the upcoming quarters[7]. - The company has made a prepayment of RMB 23,009,000 for the acquisition of investment property in Mongolia as of December 31, 2022, up from RMB 18,009,000 as of June 30, 2022[46]. - The company has committed RMB 10.18 million for the renovation of two dormitories, with RMB 2.01 million already paid as of December 31, 2022[86]. - The estimated cost for renovating other investment properties in the Eastern University City is approximately RMB 174 million, subject to funding availability[87]. - The company anticipates a challenging business environment but expects moderate growth in the education sector in China, Malaysia, and Indonesia[82]. - The company plans to accelerate the construction of new facilities, including a theater and cafeteria, by mid-2023 to generate additional revenue[82]. Shareholder and Governance - The company declared no dividends for the current period, consistent with the previous year[44]. - The board has resolved not to declare any dividends for the current period, similar to the previous year[94]. - The company has complied with the corporate governance code as per GEM Listing Rules Appendix 15 during the reporting period[98]. - The audit committee consists of three independent non-executive directors, chaired by Mr. Chan, and has reviewed the accounting principles and practices adopted by the group[110]. - The committee believes that the interim results have been prepared in accordance with applicable accounting standards and GEM listing rules, with adequate disclosures made[110]. Shareholding Structure - As of December 31, 2022, the chairman and executive director, Mr. Zhou, holds 135,000,000 shares, representing 75% of the issued shares[102]. - The major shareholder, Raffles, holds 135,000,000 shares, also representing 75% of the issued shares[106]. - Mr. Zhou is considered to have interests in Raffles' shares, which he holds through various means, including direct and family interests[107]. - No significant interests were reported by directors in any important transactions, arrangements, or contracts during the period[109].

Financial Performance - For the three months ended September 30, 2022, the group recorded revenue of RMB 11.28 million, an increase of 4.9% compared to RMB 10.75 million for the same period in 2021[8] - The profit attributable to owners of the company for the same period was RMB 2.51 million, a turnaround from a loss of RMB 1.38 million in the previous year[8] - Basic earnings per share for the period was RMB 0.01, compared to a loss per share of RMB 0.01 for the same period last year[8] - Operating profit increased by 65.6% to RMB 6.37 million from RMB 3.85 million in the previous year[9] - EBITDA for the period was RMB 6.47 million, representing a 63.0% increase from RMB 3.97 million in the previous year[9] - The total comprehensive income for the period was RMB 2.94 million, compared to a loss of RMB 1.59 million in the previous year[10] - The company reported a foreign exchange gain of RMB 0.702 million from overseas operations, a significant increase from RMB 0.154 million in the previous year[9] - Revenue from educational facility leasing was RMB 10,447,000, up 7.7% from RMB 9,704,000 year-over-year[22] - The net foreign exchange gain for the three months ended September 30, 2022, was RMB 1,798,000, a significant increase of 2,800.0% compared to RMB 62,000 in the previous year[24] - The company’s total comprehensive income for the three months ended September 30, 2022, was RMB 2,940,000, compared to a total comprehensive loss of RMB 1,593,000 for the same period in 2021[12] Government Grants and Other Income - The company recognized government grants of RMB 0.2 million, which was not present in the previous year[9] - Other income increased significantly to RMB 1.91 million from RMB 0.126 million, marking an increase of 1,411.9%[9] - Other income surged by 1,411.9% from RMB 1.3 million in Q1 2022 to RMB 19.1 million in Q1 2023, mainly due to increased foreign exchange gains[41] - The company received government subsidies of RMB 200,000 during the period, recognizing its good corporate citizenship[35] Market Expansion and Development - The company plans to continue exploring market expansion opportunities and new product development strategies in the upcoming quarters[8] - The company plans to generate an additional rental income of RMB 32.9 million annually from the renovation of two dormitory buildings in the Eastern University City[49] Assets and Equity - As of September 30, 2022, the total equity attributable to owners was RMB 1,229,901,000, a slight decrease from RMB 1,231,479,000 as of July 1, 2021[12] - The company’s total assets as of September 30, 2022, were RMB 1,250,685,000, compared to RMB 1,247,745,000 as of June 30, 2022[12] Operational Changes - Employee costs decreased by 22.4% from RMB 16.3 million in Q1 2022 to RMB 12.7 million in Q1 2023, attributed to a reduction in workforce[36] - Interest expenses decreased by 26.9% from RMB 52.3 million in Q1 2022 to RMB 38.3 million in Q1 2023, as loan principal gradually reduced[44] Investments and Contracts - The company has entered into an agreement to purchase an investment property in Ulaanbaatar, Mongolia, for RMB 32.71 million, with RMB 23.01 million paid as of September 30, 2022, and the remaining RMB 9.70 million to be paid in installments upon completion stages[52] - The company has signed a construction contract for the renovation of two dormitories in Langfang City, with a contract amount of RMB 10.18 million, of which RMB 1.50 million has been paid as of September 30, 2022, and the remaining RMB 8.68 million will be paid according to the agreed terms[53] - The company is undertaking renovations on an investment property in Langfang City, estimated to cost RMB 174 million, with payments to be made based on fundraising capabilities[54] Governance and Compliance - The company has complied with the corporate governance code as per GEM listing rules during the reporting period[66] - The audit committee, consisting of three independent non-executive directors, reviewed the first-quarter results and confirmed compliance with applicable accounting standards[77] - The company continues to focus on governance and compliance as part of its operational strategy[78] - The company is committed to transparency and has made sufficient disclosures in accordance with GEM listing rules[77] Shareholding Structure - The company reported a significant shareholding structure, with Mr. Zhou holding 34.57% of the issued shares through Raffles and his spouse's interests[72] - Raffles, the direct holding company, has a total of 135,000,000 shares, representing 75% ownership by major shareholders[74] - Mr. Zhou's direct interest in Raffles is 22.17%, while he and his spouse jointly hold 9.93%[75] - As of September 30, 2022, no other individuals or entities were reported to hold 5% or more of the shares apart from those disclosed[74] - The total issued shares of the company as of September 30, 2022, were 180,000,000[75] Dividends and Acquisitions - The board has resolved not to declare any dividends for the period[62] - The company has not conducted any significant acquisitions or disposals of subsidiaries, associates, or joint ventures during the period[60] - The company has not disclosed any significant interests held by directors in any important transactions or contracts during the period[76]

Financial Performance - The company recorded revenue of RMB 541.7 million for the fiscal year 2022, a decrease of 17.6% from RMB 657.8 million in the previous fiscal year due to the impact of COVID-19 and related restrictions[7]. - Net profit for the fiscal year 2022 was RMB 59.5 million, down 83.2% from RMB 354.7 million in the previous fiscal year[7]. - EBITDA decreased by 39.1% from RMB 38.73 million in FY2021 to RMB 23.58 million, consistent with the overall revenue decline[25]. - Current income tax decreased by 93.6% from RMB 2.38 million in FY2021 to RMB 0.15 million, primarily due to a reduction in taxable income[23]. - Net profit decreased by 83.2% from RMB 35.47 million in FY2021 to RMB 5.95 million[24]. Cost Management - Employee costs decreased by 15.9% to RMB 58.2 million from RMB 69.3 million in the previous fiscal year, attributed to team adjustments made in January 2022[13]. - Property and land use tax decreased by 11.1% to RMB 110.4 million from RMB 124.2 million, consistent with the reduction in total rental income[14]. - Maintenance and repair costs increased by 96.6% to RMB 5.8 million from RMB 3.0 million, due to waterproofing and air conditioning repairs in teaching buildings and student dormitories[15]. - Interest expenses increased by 41.4% from RMB 13.89 million in FY2021 to RMB 19.65 million due to bank borrowings in China[22]. - Other losses increased by 76.8% to RMB 65.5 million from RMB 37.1 million, primarily due to losses from the sale of utility assets[17]. Asset Management - As of June 30, 2022, total assets were RMB 1,682.40 million, with total liabilities and equity at RMB 434.66 million and RMB 1,247.75 million respectively[27]. - The debt-to-asset ratio decreased to 18.5% as of June 30, 2022, down from 22.7% a year earlier[28]. - Cash and cash equivalents decreased to RMB 4.71 million as of June 30, 2022, from RMB 28.10 million a year earlier[29]. - Fair value gains from investment properties decreased by 55.7% to RMB 227.8 million from RMB 514.2 million, mainly due to reduced fair value gains from properties in Langfang[21]. - The fair value of the group's investment properties is recorded at RMB 1,563,593,000 as of June 30, 2022, based on independent valuation by qualified valuers[199]. Business Strategy - The company plans to enhance business confidence by signing new education institution leases and constructing new facilities, expected to generate additional revenue in the second half of the fiscal year 2023[8]. - The company has committed RMB 10.18 million for renovations of two dormitories, expected to be completed before the first quarter of FY2023[38]. - The company is in the process of acquiring investment property in Mongolia for RMB 32.71 million, with RMB 18.01 million already paid[37]. - The main business of the company includes investment holding and leasing educational facilities primarily to institutions in China, Malaysia, and Indonesia[62]. - The company’s subsidiaries focus on commercial leasing of supporting facilities in addition to educational facility leasing[62]. Shareholder Relations - The company expressed gratitude to shareholders for their support and acknowledged the contributions of employees and partners during the challenging fiscal year 2022[9]. - The board recommended not to pay any dividends for the fiscal year 2022, consistent with the previous fiscal year[46]. - The company has maintained a sufficient public float, with at least 25% of the issued shares held by the public throughout the fiscal year 2022[84]. - The company communicates with shareholders through annual general meetings, quarterly reports, and press releases[185]. - The board will regularly review the dividend policy, with no predetermined dividend payout ratio established[184]. Governance and Compliance - The board of directors consists of two executive directors and three independent non-executive directors, supported by four committees for effective governance[142]. - All independent non-executive directors confirmed their independence according to GEM listing rules, ensuring compliance with governance standards[147]. - The company has not reported any significant non-compliance with relevant laws and regulations that could impact its operations for the fiscal year 2022[105]. - The company has established procedures for handling insider information and ensuring compliance with relevant regulations[180]. - The independent auditor for the fiscal year 2022 was Lixin Dehao, with a resolution for reappointment to be presented at the annual general meeting[134]. Risk Management - The company has established a framework for risk management to support strategic transactions and assess risk impacts[168]. - The board is responsible for establishing and maintaining the internal control and risk management systems, with no immediate need for an internal audit function identified[176]. - The external internal control consultant reported no significant issues requiring improvement during the 2022 fiscal year[176]. - The Risk Management Committee conducted two meetings in the fiscal year 2022 to review risk management systems and discuss related issues[168]. - The audit committee conducted four meetings in the fiscal year 2022 to review and monitor the group's financial reporting procedures and internal control systems[157]. Employee Relations - The company had 29 full-time employees in China as of June 30, 2022, down from 49 employees the previous year[45]. - The company has not encountered any significant issues with employees or labor disputes that could disrupt operations[128]. - The remuneration range for senior management (excluding directors) in the fiscal year 2022 included 2 individuals earning between 0 to 500,000 RMB and 1 individual earning between 500,001 to 1,000,000 RMB[173]. - The remuneration policy for directors and senior management is reviewed based on the group's performance, individual performance, and market practices[82]. - The company has adopted a share option scheme to provide incentives to directors and eligible employees[82]. Environmental and Social Responsibility - The group made charitable donations of RMB 1 million in the fiscal year 2022, compared to RMB 0.5 million in the fiscal year 2021[75]. - The company has implemented various environmental measures, including energy-saving initiatives and promoting environmental awareness among students and staff[127]. - The company has adhered to the corporate governance code as per GEM listing rules, ensuring accountability and enhancing shareholder value[137]. - The board adopted a diversity policy for selecting candidates, emphasizing the importance of diverse skills, experience, and knowledge[149]. - All directors participated in continuous professional development activities during the fiscal year, enhancing their knowledge of corporate governance and relevant regulations[152].

Financial Performance - The group recorded revenue of RMB 400.6 million for the nine months ended March 31, 2022, a decrease of 20.2% compared to the same period in 2021[9]. - The profit attributable to owners of the company for the nine months ended March 31, 2022, was RMB 2.59 million, down 88.4% from the previous year[9]. - Basic earnings per share for the nine months ended March 31, 2022, were RMB 0.01, compared to RMB 0.12 for the same period in 2021[9]. - The group's operating profit for the nine months ended March 31, 2022, decreased by 62.5% to RMB 17.77 million from RMB 47.40 million in the previous year[10]. - EBITDA for the nine months ended March 31, 2022, was RMB 18.09 million, down 38.0% from RMB 29.20 million in the same period last year[10]. - The group reported a net loss of RMB 22.99 million for the three months ended March 31, 2022, compared to a profit of RMB 1.46 million in the same period of the previous year[10]. - The total comprehensive income for the nine months ended March 31, 2022, was RMB 1.43 million, a decrease of 93.6% from RMB 22.36 million in the previous year[10]. - For the three months ended March 31, 2022, the profit attributable to the owners of the company was RMB 1,435,000, compared to a loss of RMB 23,047,000 in the same period of 2021, representing a significant improvement[11]. - For the nine months ended March 31, 2022, the profit attributable to the owners of the company was RMB 2,589,000, a decrease of 88.4% compared to RMB 22,394,000 in the same period of 2021[11]. - The total comprehensive income attributable to the owners of the company for the three months ended March 31, 2022, was RMB 3,015,000, compared to a loss of RMB 21,867,000 in the same period of 2021[11]. - The total comprehensive income attributable to the owners of the company for the nine months ended March 31, 2022, was RMB 1,406,000, a decrease of 93.5% compared to RMB 21,768,000 in the same period of 2021[11]. - Basic and diluted earnings per share for the three months ended March 31, 2022, were RMB 5.7, compared to RMB 0.01 in the same period of 2021, indicating a substantial recovery[11]. Revenue Breakdown - Revenue for the three months ended March 31, 2022, was RMB 13.88 million, a decrease of 27.4% from RMB 19.12 million in the same quarter last year[37]. - For the nine months ended March 31, 2022, revenue decreased by 20.2% to RMB 40.06 million from RMB 50.19 million in the previous year[37]. - Revenue from educational facility leasing was RMB 12.84 million for the three months ended March 31, 2022, down 28.4% from RMB 17.95 million in the same period last year[21]. - Revenue from supporting facility commercial leasing was RMB 1.03 million for the three months ended March 31, 2022, a decrease of 11.7% from RMB 1.17 million in the same quarter last year[21]. Costs and Expenses - The group's employee costs decreased by 8.1% to RMB 4.58 million for the nine months ended March 31, 2022[10]. - Property tax and land use tax for the third quarter was RMB 2.78 million, down 14.6% from RMB 3.26 million in the same quarter last year[39]. - Maintenance and repair costs in Q3 were RMB 0.06 million, down 76.8% from RMB 0.24 million year-on-year, while total costs for the nine-month period increased by 50.1% to RMB 0.59 million[42]. - Legal and consulting fees in Q3 were RMB 0.41 million, a decrease of 58.2% from RMB 0.97 million in the same quarter last year, but increased by 26.9% to RMB 3.49 million for the nine-month period[43]. - Other net losses in Q3 were RMB 0.24 million, down 79.1% from RMB 1.14 million year-on-year, with a nine-month total loss of RMB 1.35 million, a decrease of 55.7%[44]. - Interest expenses in Q3 were RMB 4.66 million, a decrease of 12.2% from RMB 5.31 million, but increased by 78.8% to RMB 15.10 million for the nine-month period[50]. - Current income tax for Q3 was RMB 0.03 million, down 97.4% from RMB 1.30 million year-on-year, with a nine-month total of RMB 0.11 million, a decrease of 94.2%[51]. Operational Challenges - The decrease in revenue is primarily attributed to reduced leasing space and terms for educational institutions in China due to strategic shifts in response to COVID-19 challenges[37]. - The company faced challenges due to reduced leasing space from educational institutions and commercial tenants, impacting financial performance over the past nine months[56]. - The COVID-19 lockdown in March 2022 led to significant operational disruptions, affecting rental income from educational institutions[58]. Investments and Financing - The company has partially repaid bank loans in Indonesia to reduce borrowing costs, with a repayment of RMB 18.01 million made by March 31, 2022, out of a total purchase price of RMB 32.71 million for an investment property in Mongolia[62]. - The company is expanding financing channels to rebalance its loan portfolio and/or refinance existing bank financing[62]. - The company is undertaking renovations for an investment property in Langfang, estimated to cost approximately RMB 240 million, to be paid according to its fundraising capabilities[62]. Governance and Ownership - The company's total equity attributable to owners as of March 31, 2022, was RMB 1,232,885,000, compared to RMB 1,225,329,000 as of June 30, 2021[13]. - The company's independent auditor has issued a report without any reservations, affirming the integrity of the financial statements[18]. - The audit committee, composed of three independent non-executive directors, reviewed the third-quarter performance and confirmed compliance with applicable accounting standards[82]. - The audit committee is chaired by Mr. Chen, ensuring independent oversight of financial reporting[82]. - The company continues to maintain a strong governance framework with independent directors overseeing key financial matters[82]. - The total number of issued shares as of March 31, 2022, was 180,000,000, providing a basis for calculating ownership percentages[80]. - As of March 31, 2022, no other individuals or entities were reported to hold 5% or more of the shares, indicating a concentrated ownership structure[79]. - The company has not disclosed any significant interests held by directors in important transactions or contracts during the period[81]. - The company is committed to transparency and has made sufficient disclosures regarding its financial performance and governance practices[82]. Future Outlook - The board believes that the Chinese education sector will continue to grow in the long term, benefiting from an increase in student numbers[60]. - The company is monitoring the impact of the COVID-19 zero-COVID policy on its operations and is prepared to increase marketing efforts if the business environment shows signs of recovery[60]. - The company has ongoing construction projects for a new theater and cafeteria, which have been delayed due to recent contracts with educational institutions[59].

Financial Performance - The group recorded revenue of RMB 26.2 million for the six months ended December 31, 2021, a decrease of 15.7% compared to the same period in 2020[10] - Profit attributable to owners of the company for the six months ended December 31, 2021, was RMB 1.15 million, a decrease of 97.5% year-on-year[10] - Basic earnings per share for the six months ended December 31, 2021, was RMB 0.01, down from RMB 0.25 for the same period in 2020[10] - Operating profit for the six months ended December 31, 2021, was RMB 11.62 million, representing an 81.8% decrease compared to RMB 63.79 million in the previous year[11] - EBITDA for the six months ended December 31, 2021, was RMB 11.85 million, a decline of 34.9% from RMB 18.21 million in the same period of 2020[11] - The group reported a net profit of RMB 1.15 million for the six months ended December 31, 2021, down from RMB 45.98 million in the same period of 2020, marking a 97.5% decline[11] - For the six months ended December 31, 2021, the company reported a net profit attributable to owners of RMB 2,536,000, a decrease of 97.5% compared to RMB 41,993,000 in the same period of 2020[12] - The total comprehensive income for the period was RMB (15,000), compared to RMB 42,114,000 in the previous year, indicating a significant decline[12] Revenue Sources - Revenue from educational facility leasing decreased by 16.0% to RMB 24,203,000 for the six months ended December 31, 2021, down from RMB 28,825,000 in the previous year[31] - Major customer A's contribution to revenue dropped by 52.9% to RMB 7,854,000 for the six months ended December 31, 2021, compared to RMB 16,679,000 in the same period of 2020[32] - Revenue for the period decreased by 15.7% to RMB 26.18 million compared to RMB 31.06 million in the same period last year, primarily due to a reduction in leasing space and terms for educational institutions in Langfang, China[59] Expenses and Costs - The group experienced a significant increase in legal and consulting fees, which rose by 73.2% to RMB 3.08 million compared to RMB 1.78 million in the previous year[11] - Maintenance and repair costs increased by 242.9% to RMB 0.54 million from RMB 0.16 million in the same period last year, due to waterproofing works and air conditioning repairs in student dormitories[60] - Interest expenses surged by 233.2% to RMB 10.43 million, up from RMB 3.13 million in the previous year[11] Assets and Liabilities - The company's total assets decreased to RMB 1,639,107,000 from RMB 1,646,226,000 as of June 30, 2021, reflecting a slight reduction in asset value[13] - Current liabilities increased to RMB 84,330,000 from RMB 77,184,000, indicating a rise in short-term financial obligations[13] - The company's trade receivables as of December 31, 2021, were RMB 6,383,000, down from RMB 10,647,000 as of June 30, 2021[48] - The total amount of trade and other payables as of December 31, 2021, was RMB 10,594,000, a slight decrease from RMB 10,977,000 as of June 30, 2021[50] Cash Flow and Liquidity - Operating cash flow for the six months ended December 31, 2021, was RMB 21,687,000, down from RMB 26,882,000 in the same period of 2020[19] - The company's cash and cash equivalents increased to RMB 32,061,000 from RMB 28,095,000, showing improved liquidity[13] - The net cash increase for the period was RMB 3,980,000, a decrease from RMB 16,646,000 in the previous year[21] - Cash and cash equivalents at the end of the period increased to RMB 32,061,000 from RMB 18,857,000 a year earlier[21] Investments and Acquisitions - The company has made a prepayment of RMB 18,009,000 for the acquisition of investment properties in Mongolia as of December 31, 2021[47] - The company has committed to a property acquisition in Ulaanbaatar, Mongolia, for RMB 32.71 million, with RMB 18.01 million already paid[85] Corporate Governance - The audit committee, composed of three independent non-executive directors, reviewed the interim results and confirmed compliance with applicable accounting standards[107] - The company has adhered to the corporate governance code as per GEM listing rules during the reporting period[95] - The company has committed to solid corporate governance to enhance shareholder value[94] Shareholder Information - As of December 31, 2021, the company had a total of 180,000,000 issued shares[100] - Raffles, the controlling shareholder, holds 33.58% of the company’s shares, amounting to 462,907,764 shares[100] - Mr. Zhou, the chairman and executive director, has a beneficial interest in 135,000,000 shares, representing 75% of the company[101] Future Outlook - The company anticipates continued moderate growth in the Chinese education sector, benefiting from increasing student numbers[83] - The company plans to manage operating costs prudently and delay discretionary capital expenditures to ensure sufficient funds for working capital and financing activities[82] - The company is exploring competitive financing options in China to meet future demands, indicating flexibility in optimizing leverage due to a low debt-to-asset ratio[83]

Financial Performance - For the three months ended September 30, 2021, the group recorded revenue of RMB 10.8 million, a decrease of 21.0% compared to RMB 13.6 million for the same period in 2020[8]. - The loss attributable to owners of the company for the three months ended September 30, 2021, was RMB 1.4 million, compared to a profit of RMB 3.5 million for the same period in 2020[8]. - Basic loss per share for the three months ended September 30, 2021, was RMB 0.01, while basic earnings per share for the same period in 2020 was RMB 0.02[8]. - Operating profit for the three months ended September 30, 2021, was RMB 3.8 million, a decrease of 25.3% from RMB 5.1 million in the same period of 2020[9]. - EBITDA for the three months ended September 30, 2021, was RMB 4.0 million, down 24.5% from RMB 5.3 million in the same period of 2020[9]. - Total comprehensive loss for the period was RMB 1.6 million, compared to a total comprehensive income of RMB 0.3 million for the same period in 2020, reflecting a 356.4% increase in loss[10]. - The company reported a loss of RMB 1,384,000 for the three months ended September 30, 2021, compared to a profit of RMB 3,451,000 in the same period of 2020[18]. - The total comprehensive income for the three months ended September 30, 2021, was a loss of RMB 1,593,000, compared to a total comprehensive income of RMB 3,506,000 for the same period in 2020[18]. - Revenue decreased by 21.0% from RMB 136 million in the corresponding period of 2020 to RMB 108 million in the current period, primarily due to reduced leasing space for educational facilities in Langfang, China[35]. - Operating profit decreased by 25.3% from RMB 51 million in the same period of 2020 to RMB 38 million in the current period, consistent with the overall revenue decline[40]. - Loss for the current period was RMB 14 million, compared to a profit of RMB 35 million in the same period of 2020[43]. - EBITDA decreased by 24.5% from RMB 53 million in the same period of 2020 to RMB 40 million in the current period, aligning with the overall revenue decline[44]. Expenses and Costs - Interest expenses increased significantly to RMB 5.2 million for the three months ended September 30, 2021, compared to RMB 1.6 million in the same period of 2020, representing a 223.5% increase[9]. - Employee costs decreased slightly by 3.4% to RMB 1.6 million for the three months ended September 30, 2021, from RMB 1.7 million in the same period of 2020[9]. - The company reported a significant increase in legal and consulting fees, which rose by 65.8% to RMB 1.0 million for the three months ended September 30, 2021, compared to RMB 0.6 million in the same period of 2020[9]. - Interest expenses increased by 223.5% from RMB 16 million in the same period of 2020 to RMB 52 million in the current period, mainly due to interest payments on bank loans[42]. Revenue Sources - For the three months ended September 30, 2021, the total revenue from educational facility leasing was RMB 9,704,000, a decrease of 22.0% compared to RMB 12,442,000 for the same period in 2020[20]. - The total revenue from ancillary facility commercial leasing was RMB 1,049,000, down 10.4% from RMB 1,171,000 year-on-year[20]. - The overall revenue for the three months ended September 30, 2021, was RMB 10,753,000, reflecting a decline of 21.0% from RMB 13,613,000 in the previous year[20]. Other Income and Gains - The net other income for the three months ended September 30, 2021, was RMB 126,000, compared to a loss of RMB 1,294,000 in the same period of 2020[22]. - The foreign exchange gain for the three months ended September 30, 2021, was RMB 62,000, a significant improvement from a loss of RMB 1,410,000 in the previous year[22]. - Other income recorded was RMB 1 million, compared to a loss of RMB 13 million in the same period of 2020, primarily due to unrealized foreign exchange gains from overseas operations[37]. Investments and Future Plans - The company has entered into a purchase agreement for an investment property in Ulaanbaatar, Mongolia, with a purchase price of RMB 32.71 million, of which RMB 14.74 million has been paid as of September 30, 2021, and the remaining RMB 17.97 million will be paid in installments according to the completion stages specified in the agreement[54]. - The company is renovating an investment property located in Langfang City, with an estimated cost of approximately RMB 240 million, which will be paid according to its fundraising capabilities[55]. - The newly completed dormitory with a total floor area of 10,567 square meters is expected to contribute RMB 1.98 million for the fiscal year ending June 30, 2022[48]. - The company plans to prudently manage operating costs and defer discretionary capital expenditures to ensure sufficient funds for working capital and financing activities[46]. Shareholder Information - As of September 30, 2021, the company’s major shareholder holds 75% of the issued shares, amounting to 135 million shares[70]. - Raffles holds a 75% stake in the company, with 135,000,000 shares owned by both Mr. Zhou and Ms. Chung[74]. - Mr. Zhou owns 21.17% of Raffles, while he and Ms. Chung jointly own 9.93%[75]. - The total issued shares of the company as of September 30, 2021, is 180,000,000[75]. - No other individuals or corporations hold 5% or more of the shares as of September 30, 2021[76]. Corporate Governance - The audit committee consists of three independent non-executive directors, ensuring compliance with applicable accounting standards and GEM listing rules[78]. - The company has complied with the corporate governance code as per GEM listing rules during the period[66]. - There were no significant interests held by directors in any important transactions or contracts during the period[77]. - The board has resolved not to declare any dividends for the current period, consistent with the previous year[33]. Contingent Liabilities and Commitments - As of September 30, 2021, the company has no significant contingent liabilities[61]. - As of September 30, 2021, the company has no other significant investment or capital commitments planned for the future[56]. - There were no significant acquisitions or disposals of subsidiaries, associates, or joint ventures during the period[62]. - The company operates primarily in China, Malaysia, and Indonesia, with the majority of its revenue derived from educational facility leasing in China[19].

2021 香港聯合交易所有限公司GEM（分別為「聯交所」及「GEM」）的特色 GEM乃為較於聯交所上市的其他公司帶有更高投資風險的中小型公司提供上市的市場。有意投資者應了解投資 該等公司的潛在風險，並應僅於經過審慎周詳考慮後方作出投資決定。 由於GEM上市公司普遍為中小型公司，在GEM買賣的證券可能會較於聯交所主板買賣的證券承受較大的市場 波動風險，同時亦無法保證在GEM買賣的證券會有一個高流通量的市場。 香港交易及結算所有限公司及聯交所對本報告的內容概不負責，對其準確性或完整性亦不發表任何聲明，並明 確表示概不就因本報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。 本報告乃遵照GEM證券上市規則的規定提供有關東方大學城控股（香港）有限公司（「本公司」）的資料，本公司董 事（「董事」）願共同及個別對此負全責。董事經作出一切合理查詢後確認，就彼等深知及確信，本報告所載資料 在所有重大方面均屬準確完整及沒有誤導或欺詐成分，且概無遺漏其他事宜，致使本報告中任何聲明或本報告 帶有誤導成分。 目錄 | 公司資料 | 2 | | --- | --- | | 主席報告 | 4 | | 管理層討論及 ...

2021 第三季度業績報告 香港聯合交易所有限公司（「聯交所」）GEM（「GEM」）的特色 本報告乃遵照GEM證券上市規則（「GEM上市規則」）的規定提供有關東方大學城控股（香港）有限公司（「本公 司」）的資料，本公司董事（「董事」）願共同及個別對此負全責。董事經作出一切合理查詢後確認，就彼等深知 及確信，本報告所載資料在所有重大方面均屬準確完整及沒有誤導或欺詐成分，且概無遺漏其他事宜，致使 本報告中任何聲明或本報告帶有誤導成分。 目錄 | 公司資料 | 2 | | --- | --- | | 財務摘要 | 4 | | 簡明綜合損益及其他全面收益表 | 5 | | 簡明綜合權益變動表 | 7 | | 簡明綜合第三季度業績附註 | 8 | | 管理層討論與分析 | 13 | | 企業管治及其他資料 | 20 | 1 第三季度業績報告 2021 頁次 1 公司資料 董事會 GEM乃為較於聯交所上市的其他公司帶有更高投資風險的中小型公司提供上市的市場。有意投資者應了解投 資該等公司的潛在風險，並應僅於經過審慎周詳考慮後方作出投資決定。 由於GEM上市公司普遍為中小型公司，在GEM買賣的證券可能會較於聯交所主板買賣的 ...

INTERIM REPORT 2021 中期報告 INTERIM REPORT 2021 香港聯合交易所有限公司（「聯交所」）GEM（「GEM」）的特色 GEM乃為較於聯交所上市的其他公司帶有更高投資風險的中小型公司提供上市的市場。有意投資者應了解投 資該等公司的潛在風險，並應僅於經過審慎周詳考慮後方作出投資決定。 由於GEM上市公司普遍為中小型公司，在GEM買賣的證券可能會較於聯交所主板買賣的證券承受較大的市 場波動風險，同時亦無法保證在GEM買賣的證券會有一個高流通量的市場。 香港交易及結算所有限公司及聯交所對本報告的內容概不負責，對其準確性或完整性亦不發表任何聲明，並 明確表示概不就因本報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。 本報告乃遵照GEM證券上市規則（「GEM上市規則」）的規定提供有關東方大學城控股（香港）有限公司（「本公 司」）的資料，本公司董事（「董事」）願共同及個別對此負全責。董事經作出一切合理查詢後確認，就彼等深知 及確信，本報告所載資料在所有重大方面均屬準確完整及沒有誤導或欺詐成分，且概無遺漏其他事宜，致使 本報告中任何聲明或本報告帶有誤導成分。 目錄 ...