Financial Performance - For the nine months ended September 30, 2019, the group's revenue was approximately RMB 108,900,000, an increase of 11.9% compared to the same period in 2018[4] - The gross profit for the nine months ended September 30, 2019, increased by 39.0% to approximately RMB 33,100,000 compared to the previous year[4] - The net loss for the nine months ended September 30, 2019, was approximately RMB 7,500,000, an improvement from a net loss of RMB 13,600,000 in the same period of 2018[4] - The basic loss per share for the nine months ended September 30, 2019, was RMB 0.8 cents, compared to RMB 1.4 cents for the same period in 2018[4] - The total comprehensive loss for the nine months ended September 30, 2019, was RMB (7,536,000)[10] - The company recorded a net loss attributable to owners of RMB 7,536,000 for the nine months ended September 30, 2019, compared to a loss of RMB 13,594,000 for the same period in 2018, indicating an improvement in financial performance[25] - Basic earnings per share for the nine months ended September 30, 2019, was a loss of RMB 0.8, compared to a loss of RMB 1.4 for the same period in 2018, showing a reduction in loss per share[25] - The company incurred a tax expense of RMB 6,746,000 for the nine months ended September 30, 2019, compared to 7,493,000 for the same period in 2018, indicating a decrease in tax liabilities[23] - The pre-tax loss for the period was approximately RMB 800,000, a significant decrease of about 87.1% from RMB 6.1 million for the same period in 2018[38] - The income tax expense for the period was approximately RMB 6.7 million, a decrease of about 10.0% from RMB 7.5 million for the same period in 2018[39] Revenue Breakdown - Room revenue for the nine months ended September 30, 2019, was RMB 39,786,000, up from RMB 31,379,000 in the same period of 2018, reflecting a growth of about 27%[21] - Revenue from the resort and hotel operations decreased by approximately 5.8% to about RMB 91.6 million for the nine months ended September 30, 2019, primarily due to declines in entrance fees, dining, and consulting service revenues[31] - Total property sales revenue for the nine months ended September 30, 2019, was RMB 17,304,000, with no property sales recorded in the same period of 2018[21] - The company recorded revenue from tourism property sales of approximately RMB 17.3 million during the period, with 49 units of the Spring Heart Health Apartments sold, contributing about RMB 15.6 million[33] - The company's revenue for the nine months ended September 30, 2019, was approximately RMB 108.9 million, an increase of about 11.9% compared to RMB 97.3 million for the same period in 2018[30] Dividend and Shareholder Information - The board of directors did not recommend the payment of any interim dividend for the nine months ended September 30, 2019[4] - The company did not declare or pay any dividends for the nine months ended September 30, 2019, consistent with the previous year[23] - As of September 30, 2019, Mr. Han holds a total of 341,400,000 shares, representing 34.84% of the issued share capital[44][45] - Major shareholder Harvest Talent owns 336,500,000 shares, accounting for 34.34% of the issued share capital as of September 30, 2019[48][50] - Phoenix Virtue Limited, a major shareholder, holds 286,000,000 shares, which is 29.18% of the issued share capital[48][51] - The company has issued a total of 980,000,000 shares as of September 30, 2019[45][50] Corporate Governance and Compliance - The company has complied with the corporate governance code, with a review planned to ensure adherence to best practices[55] - The company is committed to high standards of corporate governance to protect shareholder interests[55] - The audit committee reviewed the unaudited consolidated financial performance for the nine months ending September 30, 2019, ensuring compliance with applicable accounting standards[68] - The company has not announced any new product or technology developments, market expansions, or mergers and acquisitions during this reporting period[4] Market and Operational Insights - The occupancy rate of the company's six themed hotels decreased from approximately 36.0% to about 33.3% for the nine months ended September 30, 2019[31] - The group's resort and hotel operations faced challenges in the first nine months of 2019 due to climate warming and a decrease in consumer demand compared to the same period in 2018[42] - The group expects an increase in revenue for the fourth quarter of 2019, driven by the winter appeal of hot spring customers and the opening of the Moon Spring Lake Hotel in July 2019[42] - The management is committed to improving business performance and seeking investment opportunities for the benefit of the company and its shareholders in 2019[42] - The company has launched a new themed hotel, the Yuequan Lake Hotel, which began operations in July 2019[95] Share Option Scheme - The company has adopted a share option scheme since November 18, 2016, which is valid for 10 years[56] - A total of 51,940,000 shares were granted under the share option scheme to 18 eligible individuals[58] - The exercise price for the share options is set at HKD 0.62 per share[59] - The share options can be exercised in four tranches, with 25% of the total shares available for exercise from April 5, 2018, to April 4, 2025[62]

Financial Performance - For the six months ended June 30, 2019, the group's revenue was approximately RMB 56.3 million, a decrease of 13.7% compared to the same period in 2018[4] - The gross profit for the same period decreased by 61.5% to approximately RMB 5.8 million, down from RMB 15.2 million in 2018[4] - The net loss for the six months ended June 30, 2019, was approximately RMB 18.6 million, compared to a loss of RMB 8.5 million for the same period in 2018[4] - Basic loss per share for the six months ended June 30, 2019, was approximately RMB 1.9 cents, compared to RMB 0.9 cents for the same period in 2018[4] - The total comprehensive loss for the period was RMB 18,630,000, which includes a loss attributable to owners of the company of RMB 18,558,000[13] - The group reported a loss before tax of RMB 14,563,000 for the six months ended June 30, 2019, compared to a loss of RMB 16,146,000 for the same period in 2018[31] - The group’s deferred tax expenses for the six months ended June 30, 2019, were RMB 3,259,000, compared to RMB 4,833,000 for the same period in 2018[37] - The company reported a loss attributable to owners of RMB 10,721 thousand for the three months ended June 30, 2019, compared to a loss of RMB 9,344 thousand for the same period in 2018, representing an increase of 14.8%[40] - The net loss increased by approximately RMB 10,100,000 or 119.0% to about RMB 18,600,000 compared to RMB 8,500,000 in the same period last year[87] Assets and Liabilities - The total assets as of June 30, 2019, were RMB 1,138.2 million, an increase from RMB 1,109.2 million as of December 31, 2018[7] - Current liabilities as of June 30, 2019, amounted to RMB 365.9 million, compared to RMB 275.4 million as of December 31, 2018[9] - Total liabilities increased to RMB 733.2 million as of June 30, 2019, from RMB 686.8 million as of December 31, 2018[10] - The company reported total equity of RMB 404,995,000 as of June 30, 2019, down from RMB 407,457,000 at the end of the previous year, reflecting a decrease of about 0.6%[16] - The total accounts receivable as of June 30, 2019, was RMB 28,229 thousand, down from RMB 64,447 thousand as of December 31, 2018, reflecting a decrease of 56.2%[44] - The total bank loans as of June 30, 2019, amounted to RMB 266,937 thousand, a decrease from RMB 291,511 thousand as of December 31, 2018, representing a reduction of 8.4%[49] - The company’s accounts payable decreased to RMB 70,224 thousand as of June 30, 2019, from RMB 79,856 thousand as of December 31, 2018, reflecting a decline of 12.0%[44] - Approximately RMB 459,600,000 of the group's assets were mortgaged to banks for financing as of June 30, 2019[92] Cash Flow - The company reported a significant decrease in cash and cash equivalents, which were RMB 19.9 million as of June 30, 2019, down from RMB 41.5 million as of December 31, 2018[7] - For the six months ended June 30, 2019, the company reported a net cash inflow from operating activities of RMB 23,586,000, an increase from RMB 20,455,000 in the same period of 2018, representing a growth of approximately 10.4%[18] - The company experienced a net cash outflow from investing activities of RMB 11,714,000, compared to RMB 11,414,000 in the previous year, indicating a slight increase in investment spending[18] - Financing activities resulted in a net cash outflow of RMB 33,561,000, a significant decrease from the net cash inflow of RMB 10,246,000 in the same period of 2018, reflecting changes in financing strategy[18] - As of June 30, 2019, the group's bank and cash balance was approximately RMB 19,900,000, with outstanding capital commitments of about RMB 24,800,000[89] Revenue Breakdown - The company’s revenue for the six months ended June 30, 2019, was RMB 242,773,000, compared to RMB 229,183,000 in the same period of 2018, marking an increase of approximately 5.9%[13] - Property sales revenue for the six months ended June 30, 2019, was RMB 14,146,000, while room revenue was RMB 17,932,000, reflecting a decline of 16.5% and 16.5% respectively compared to the previous year[27] - Revenue from the operation of hot spring resorts and hotels decreased by approximately 35.4% to about RMB 42.2 million during the first half of 2019[75] - The company generated approximately RMB 14.1 million in revenue from tourism property sales during the period, compared to no sales in the same period of 2018[79] - The average room rate for the five themed hotels increased from approximately RMB 246.4 to RMB 254.2, primarily due to reduced promotional pricing during the period[75] Corporate Governance - The company is committed to high standards of corporate governance, believing it is essential for sustainable growth and protecting shareholder interests[113] - The chairman and CEO positions are held by the same individual, which the board believes enhances business planning and decision-making efficiency[113] - The company will regularly review the need to appoint different individuals for the chairman and CEO roles to maintain good corporate governance[113] - The company has adopted a code of conduct for directors regarding securities trading, ensuring compliance with GEM listing rules[110] - No directors or major shareholders have reported any interests in businesses that compete with the company as of June 30, 2019[112] Future Outlook and Strategy - The company aims to enhance its position in the hot spring and hotel industry, continuing to operate new hot spring resorts[64] - The company plans to continue expanding its tourism property development business and enhance the "古兜" brand through various promotional activities[68] - The group plans to diversify its revenue sources by providing consulting services to potential leisure hotels and resorts[97] - The group does not expect revenue to increase before the end of the third quarter of 2019 due to colder weather in the autumn and winter seasons[98] - The company is focused on expanding its market presence and exploring new strategies for growth, including potential mergers and acquisitions[156] Stock Options and Shareholding - The company has a stock option plan that includes derivative instruments related to its shares[104] - A total of 51,940,000 shares were granted under the stock option plan to 18 eligible individuals, with 29,890,000 shares granted to directors, senior executives, and major shareholders[114] - The exercise price for the stock options is set at HKD 0.62 per share[116] - The stock options can be exercised in four periods, with each period allowing for the exercise of 25% of the total shares to be issued upon exercise[119] - As of June 30, 2019, the company had issued a total of 980,000,000 shares, with major shareholders holding significant stakes[104]

GuDou 古兜控股有限公司 Gudou Holdings Limited (於開曼解馬註开成立之有限公司) 股份代號：8308 2019 第一季度業績報告 香港聯合交易所有限公司 GEM 之特色 GEM 之定位，乃為相比起其他在香港聯交所上市之公司帶有較高投資風險之 中小型公司提供一個上市之市場。準投資者應了解投資於該等公司之潛在風 險，並應經過審慎周詳之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 買賣之證券可能會較於香港 聯交所主板買賣之證券承受較大之市場波動風險，同時無法保證在 GEM 買賣 之證券會有高流通量之市場。 香港交易及結算所有限公司及香港聯合交易所對本報告之內容概不負責，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之任何損失承擔任何責任。 本報告之資料乃遵照 GEM上市規則而刊載，旨在提供有關本公司之資料；董 事願就本報告之資料共同及個別地承擔全部責任。各董事在作出一切合理查 詢後，確認就其所知及所信，本報告所載資料在各重要方面均屬準確完備， 沒有誤導或欺詐成份，且並無遺漏任何其他事項，足以令 ...

Financial Performance - Gudou Holdings Limited reported a revenue increase of 15% year-over-year, reaching HKD 150 million for the fiscal year ending December 31, 2018[20]. - The company recorded a revenue of approximately RMB 248.7 million for the year ended December 31, 2018, representing a decrease of about 21.9% compared to the previous year[40]. - The group's total revenue for the period was approximately RMB 248,700,000, a decrease of about 21.9% from RMB 318,500,000 in the previous year[47]. - The net profit for the period was approximately RMB 15.6 million, down from approximately RMB 52.4 million in the previous year[40]. - Profit attributable to owners of the company was approximately RMB 15.6 million, a decrease of 70.3% from RMB 52.4 million in the same period last year[93]. - Gross profit for the period was approximately RMB 91,300,000, a decrease of about 23.6% compared to RMB 119,500,000 in the previous year[49]. - The average gross margin for hot spring resorts and hotel operations increased to approximately 31.6% from 23.7% in the previous year[49]. Revenue Sources - The group's revenue from hot spring resorts and hotel operations increased by approximately 13.7% to about RMB 142,700,000 compared to the previous year[41]. - Revenue from tourism property development decreased by approximately 45.1% to about RMB 106,000,000, primarily due to the reduced total saleable area delivered in 2018[42]. - Admission fee revenue increased by approximately 33.3% due to a rise in ticket prices at the hot spring resort[97]. - Room revenue from themed hotels increased by approximately 7.3%, despite a decrease in occupancy rate from 39.4% to 34.7%[97]. - The company sold and delivered 187 residential units and 44 commercial units of the泉心養生公寓, accounting for 62.8% of the total saleable area[99]. Customer Engagement and Satisfaction - The occupancy rate of the hotels within the Gudou Hot Spring Resort reached 85%, indicating strong demand for the hospitality services offered[27]. - User data indicates a 25% increase in repeat customers, highlighting customer satisfaction and loyalty towards the brand[20]. - The company has launched a new wellness program at its resorts, which has already attracted a significant number of bookings, contributing to a 5% increase in overall revenue[20]. Strategic Initiatives - The company plans to expand its property portfolio by adding two new hotel projects in the next fiscal year, which are expected to increase overall capacity by 30%[20]. - Gudou Holdings Limited is investing HKD 20 million in new technology for enhancing customer experience at its resorts, focusing on digital check-in and smart room features[20]. - The company has set a target revenue growth of 20% for the upcoming fiscal year, driven by increased marketing efforts and new service offerings[20]. - Gudou Holdings Limited is exploring potential acquisition opportunities in the tourism sector to further enhance its market presence[20]. - The company aims to expand its tourism property development business and enhance its management and consulting services for other leisure hotels and resorts[101]. Corporate Governance - The company is committed to high standards of corporate governance, believing it is essential for sustainable growth and protecting shareholder interests[175]. - The company has established four board committees to assist the board in fulfilling its responsibilities, including an audit committee, nomination committee, remuneration committee, and compliance committee[187]. - The board consists of eight directors, including four executive directors, one non-executive director, and three independent non-executive directors[178]. - The company has adopted a standard code of conduct for securities trading, ensuring compliance with GEM Listing Rules[177]. Financial Management - The group's outstanding bank loans were approximately RMB 291.5 million as of December 31, 2018, with RMB 71 million being fixed-rate borrowings[59]. - The capital-to-debt ratio decreased from approximately 0.8 in 2017 to 0.7 in 2018, primarily due to the repayment of certain bank loans and an increase in total equity from net profit[59]. - The total employee cost for the group was approximately RMB 54 million for the year ending December 31, 2018, down from RMB 55.8 million in 2017[65]. Sustainability and Compliance - Gudou Holdings Limited is committed to sustainable practices, with plans to implement eco-friendly initiatives across its properties in the next fiscal year[20]. - The annual environmental compliance costs increased to approximately RMB 240,000 in the reporting period, up from RMB 38,000 in 2017[67]. - The company has complied with relevant laws and regulations affecting its business operations, with no significant non-compliance issues reported[118]. Shareholder Information - The total reserves available for distribution to shareholders as of December 31, 2018, amounted to approximately RMB 324,200,000, a slight decrease from RMB 324,400,000 in 2017[120]. - The company did not recommend any final dividend for the period, nor was there any interim dividend paid during this period[119]. - The company has adopted a share option scheme effective from December 9, 2016, allowing for the issuance of up to 98,000,000 shares, representing 10% of the total issued shares as of the report date[128].