Financial Performance - Revenue for the year 2019 was HKD 168.68 million, representing a 24.47% increase from HKD 135.52 million in 2018[7] - EBITDA for 2019 reached HKD 64.53 million, an increase of 81.28% compared to HKD 35.60 million in 2018[7] - Net profit for the year was HKD 30.54 million, up 28.83% from HKD 23.71 million in 2018[7] - Revenue from elderly care services rose from approximately HKD 104,327,000 to approximately HKD 126,770,000, marking an increase of about 21.51%[22] - Revenue from personal clients renting accommodation increased from approximately HKD 73,775,000 to approximately HKD 91,461,000, reflecting a growth of about 23.97%[24] - The group recorded a net profit of approximately HKD 30,544,000 for the year, up from approximately HKD 23,709,000 in the previous year, due to increased revenue and improved cost control[33] - Revenue from the sale of elderly-related products and health services increased from approximately HKD 31,189,000 to approximately HKD 41,910,000, a growth of about 34.37%[29] - Revenue from the Social Welfare Department's rental of accommodation units under the Improvement Purchase Scheme rose from approximately HKD 30,109,000 to approximately HKD 34,729,000, an increase of about 15.34%[23] Cash and Receivables - Cash and cash equivalents increased to HKD 52.27 million, a decrease of 11.83% from HKD 59.28 million in 2018[7] - As of December 31, 2019, the group's trade receivables amounted to HKD 464,000, an increase from HKD 204,000 in 2018[37] - The group's total cash and bank balances as of December 31, 2019, were approximately HKD 52,267,000, down from approximately HKD 59,283,000 in the previous year[36] Acquisitions and Expansion - The company acquired a nursing home in Sha Tin during 2019, enhancing service quality and revenue[10] - Future plans include expanding through new openings or acquisitions of existing nursing homes to increase market share[11] - The group completed the acquisition of 60% of the issued share capital of Jia An Jia Co., Ltd. for HKD 63,000,000 on July 12, 2019, enhancing its market presence in Hong Kong[41] - Following the acquisition, the group's effective interest in Rui An (Kwai Shing East) increased from approximately 66.67% to 86.67%[42] Employee and Workforce - The group had 340 employees as of December 31, 2019, up from 277 in 2018, indicating growth in workforce[48] - Employee costs rose from approximately HKD 54,511,000 to approximately HKD 60,043,000, an increase of about 10.15% due to the expansion of the number of elderly care homes[31] - The total number of full-time employees as of December 31, 2019, was 277[152] - The total number of employees as of December 31, 2019, was 277, with 248 males and 29 females[180][181] Corporate Governance - The company has a strong board with independent non-executive directors who have significant experience in finance and management, enhancing corporate governance[71] - The board consists of four executive directors, one non-executive director, and three independent non-executive directors, maintaining over one-third independence[81] - The company emphasizes the importance of independent directors in maintaining transparency and accountability in its operations[74] - The board adopted a dividend policy on January 18, 2019, to provide returns to shareholders while maintaining sufficient liquidity for future growth opportunities[115] Environmental, Social, and Governance (ESG) - The company has committed to sustainable environmental, social, and governance (ESG) practices as a core part of its business strategy[130] - An ESG working group has been established to collect relevant data and report on the group's performance in ESG matters[131] - The total greenhouse gas emissions for the reporting period were 1,187.52 tons of CO2 equivalent, a decrease of approximately 19% from 1,458.95 tons in 2018[150] - The group emphasizes good environmental management and strives to protect the environment as part of its social responsibility[145] Safety and Compliance - The group recorded only 3 minor workplace injuries during the reporting period, which did not significantly impact the business or financial performance[189] - No significant incidents related to violations of health and safety laws were reported during the period, ensuring compliance with relevant regulations[188] - The company has implemented internal monitoring policies and procedures to ensure a zero-risk living environment for elderly residents[188] Training and Development - A total of 4,061.50 training hours were completed by employees during the reporting period, emphasizing the company's commitment to staff development[194] - Continuous education programs are designed to meet the training needs of staff, ensuring professional knowledge and skills are maintained[192] Supply Chain Management - The company has established a rigorous procurement system and supplier selection process, including qualification certification, production inspections, and annual reviews to ensure supplier accountability and maintain raw material quality[199] - The company emphasizes strict supply chain management to ensure compliance with quality, environmental, safety, and social standards, which is believed to contribute to product success[199]

Financial Performance - The company's revenue increased from approximately HKD 100,723,000 to HKD 120,123,000, representing a growth of about 19.26%[18] - EBITDA for the nine months ended September 30, 2019, was HKD 44,405,000, a significant increase of 73.87% compared to HKD 25,539,000 in the previous year[10] - The net profit for the same period was HKD 21,752,000, reflecting a year-on-year increase of 31.83% from HKD 16,500,000[10] - Revenue for the three months ended September 30, 2019, was HKD 48,826,000, an increase of 40.3% compared to HKD 34,817,000 for the same period in 2018[75] - For the nine months ended September 30, 2019, revenue reached HKD 120,123,000, up 19.2% from HKD 100,723,000 in the previous year[75] - The profit before tax for the three months ended September 30, 2019, was HKD 12,822,000, representing a 55.5% increase from HKD 8,246,000 in the same quarter of 2018[75] - The net profit attributable to equity holders of the parent for the nine months ended September 30, 2019, was HKD 20,229,000, compared to HKD 15,168,000 for the same period in 2018, reflecting a growth of 33.5%[75] - Total comprehensive income for the three months ended September 30, 2019, was HKD 10,588,000, compared to HKD 6,948,000 in the previous year, marking a 52.5% increase[75] Revenue Breakdown - Revenue from elderly care services accounted for approximately 75.25% of total revenue, with sales of related products and health services contributing 24.75%[15] - Revenue from elderly care services increased from approximately HKD 77,773,000 to HKD 90,391,000, a growth of about 16.23% compared to the same period last year[19] - Revenue from personal client rentals accounted for 53.76% of total revenue, showing a slight decrease from 54.71% in the previous year[15] - Revenue from individual clients renting beds rose from approximately HKD 55,104,000 to HKD 64,580,000, an increase of about 17.20%[20] - Revenue from the sale of elderly-related products and health services increased from approximately HKD 22,950,000 to HKD 29,732,000, a rise of about 29.55%[23] - Revenue from a major customer, the Hong Kong government, was approximately HKD 25,396,000 for the nine months ended September 30, 2019, representing over 10% of total revenue[104] Operational Expansion - The company completed the acquisition of 60% of the issued share capital of Jia An Jia Co., Ltd. on July 12, 2019, expanding its service offerings[13] - The company operates four elderly care homes under the "Shui On" brand and one under "Shui Hing," with a focus on expanding its network in strategic locations in Hong Kong[13] - The company aims to continue expanding its elderly care home network to serve more elderly residents[13] - The company acquired 100% equity of Jia An Jia Limited for a total consideration of HKD 63,000,000 on July 12, 2019, as part of its strategy to expand market share in the elderly care sector in Hong Kong[126] - Since the acquisition, for the nine months ended September 30, 2019, the subsidiary contributed HKD 10,082,000 to revenue and HKD 2,302,000 to unaudited consolidated profit[131] Cost Management - Employee costs increased from approximately HKD 41,415,000 to HKD 43,866,000, a rise of about 5.92%[25] - The total employee benefits expenses for the nine months ended September 30, 2019, were HKD 42,700,000, compared to HKD 40,708,000 in 2018, reflecting an increase of 4.9%[116] - Property rental and related expenses decreased from approximately HKD 20,198,000 to HKD 14,793,000, a decline of about 26.76%[26] - The company reported a decrease in property rental and related expenses to HKD (4,904,000) for the three months ended September 30, 2019, down from HKD (6,986,000) in the same quarter of 2018[75] Compliance and Governance - The company confirmed that there were no interests or conflicts of interest involving directors or major shareholders during the reporting period[43] - The compliance advisor confirmed that there were no interests in the company's equity held by the advisor or its affiliates as of September 30, 2019[41] - The company has maintained compliance with the GEM Listing Rules regarding securities trading by directors[42] - The audit committee, consisting of three independent non-executive directors, reviewed the unaudited financial results for the reporting period[70] IFRS 16 Adoption - The adoption of IFRS 16 resulted in an increase of HKD 11,989,000 in right-of-use assets[91] - The lease liabilities also increased by HKD 11,989,000 upon the application of IFRS 16[91] - The cumulative impact of adopting IFRS 16 was applied retrospectively, affecting the retained earnings as of January 1, 2019[85] - The transition to IFRS 16 did not have a significant impact on the company's consolidated financial performance[85] - The company will continue to classify leases as either finance or operating leases based on the transfer of ownership risks and rewards[88] Shareholder Information - As of September 30, 2019, the company had a total of 400,000,000 issued shares, with Mr. Yi holding 262,980,000 shares, representing approximately 65.75% of the equity[50] - Mr. Lei held 36,032,000 shares, accounting for about 9.01% of the equity[54] - 瑞樺 holds 248,700,000 shares, representing 62.18% of the issued share capital[61] - 易先生, 萬昌, 恒智, and 易蔚恒女士 collectively control approximately 65.75% of the company's issued share capital[66] - The company did not recommend the distribution of an interim dividend for the reporting period[30] - The company declared an interim dividend of HKD (4,400,000) during the reporting period[77] Acquisition Details - The identifiable net assets acquired from Jia An Jia Limited amounted to HKD 30,725,000, with goodwill generated from the acquisition totaling HKD 31,939,000[127] - The fair value of trade receivables and other receivables at the acquisition date was HKD 87,000 and HKD 28,000 respectively, with no expected recoverability issues[128] - Transaction costs related to the acquisition amounted to HKD 2,357,000, which have been expensed and included in the unaudited consolidated income statement[130] - The cash flow analysis for the acquisition shows a cash consideration of HKD 63,000, with net cash outflow from investing activities of HKD 39,602,000[131] - The identifiable assets and liabilities of the acquired subsidiary are still under fair value assessment, with the information being provisional as of the approval date of the unaudited financial statements[130]

Financial Performance - The company's revenue increased from approximately HKD 65,906,000 to HKD 71,297,000, representing a growth of about 8.18% compared to the same period last year[20]. - EBITDA for the period was HKD 22,345,000, which is a significant increase of 45.19% from HKD 15,390,000 in the previous year[12]. - The net profit for the period was HKD 11,164,000, reflecting a year-on-year increase of 16.88% from HKD 9,552,000[12]. - Revenue for the six months ended June 30, 2019, was HKD 71,297,000, an increase of 8.5% from HKD 65,906,000 in the same period of 2018[82]. - Profit before tax for the same period was HKD 13,704,000, up 17.5% from HKD 11,661,000 in 2018[82]. - Net profit for the period was HKD 11,164,000, representing a 16.9% increase compared to HKD 9,552,000 in 2018[82]. - Basic and diluted earnings per share increased to HKD 2.65 from HKD 2.21, reflecting a growth of 19.9%[82]. - The group reported a profit attributable to equity holders of HKD 10,598,000, compared to HKD 8,844,000 for the same period in 2018, representing an increase of approximately 19.9%[139]. Revenue Sources - Revenue from elderly care services accounted for approximately 75.97% of total revenue, with personal client rentals contributing HKD 38,507,000, a 4.54% increase from the previous year[18]. - Revenue from elderly care services increased from approximately HKD 51,244,000 to HKD 54,164,000, a growth of about 5.70%[21]. - Revenue from government-subsidized elderly care beds rose from approximately HKD 14,248,000 to HKD 15,407,000, an increase of about 8.13%[21]. - Revenue from individual clients for elderly care services grew from approximately HKD 36,833,000 to HKD 38,507,000, a rise of about 4.54%[22]. - Revenue from non-governmental organizations increased significantly from approximately HKD 163,000 to HKD 250,000, a growth of about 53.37%[23]. - Revenue from the sale of elderly-related products and health services rose from approximately HKD 14,662,000 to HKD 17,133,000, an increase of about 16.85%[25]. - Revenue from elderly care services and related products amounted to HKD 54,164,000 and HKD 17,133,000 respectively for the six months ended June 30, 2019, compared to HKD 51,244,000 and HKD 14,662,000 in 2018[122]. Cash and Assets - Cash and bank balances decreased by 27.10% to HKD 43,216,000 from HKD 59,283,000[12]. - Total non-current assets as of June 30, 2019, amounted to HKD 170,372,000, significantly higher than HKD 96,565,000 as of December 31, 2018[84]. - Current assets decreased to HKD 54,573,000 from HKD 69,280,000, indicating a decline of 21.2%[84]. - Total liabilities increased to HKD 31,832,000 from HKD 18,469,000, marking a rise of 72.5%[84]. - Cash and cash equivalents at the end of the period were HKD 43,216,000, down from HKD 48,364,000 in 2018[91]. - The company’s total assets increased to HKD 46,798,000 in right-of-use assets as of June 30, 2019[116]. Operational Efficiency and Expansion - The company operates four self-owned elderly care homes in Hong Kong, which are expected to expand due to the growing demand for elderly care services[15]. - The company plans to continue expanding its network of elderly care homes strategically located in Hong Kong to serve more elderly residents[15]. - The company plans to expand its market presence by opening two new elderly care facilities in Hong Kong by the end of 2020, aiming to increase capacity by 300 residents[101]. - The company is investing in new technology for its facilities, with a budget of HKD 5 million allocated for upgrading healthcare management systems[99]. - The company is exploring potential acquisitions of smaller elderly care operators to enhance its service offerings and market share[101]. - The company has implemented new strategies to improve operational efficiency, resulting in a 5% reduction in operational costs during the reporting period[99]. Governance and Compliance - The company has adopted and complied with the corporate governance code as per GEM listing rules, enhancing accountability and transparency[50]. - The audit committee, consisting of three independent non-executive directors, has reviewed the unaudited performance and financial statements for the reporting period, confirming compliance with applicable accounting standards[76]. - The company continues to comply with GEM listing rules and has established necessary governance frameworks[76]. - The company has not established any arrangements for directors or key executives to acquire securities of the company or its affiliates during the reporting period[73]. Shareholder Information - As of June 30, 2019, Mr. Yi holds 262,980,000 shares, representing approximately 65.75% of the total issued shares[57]. - Mr. Lei holds 36,020,000 shares, accounting for approximately 9.01% of the total issued shares[57]. - As of June 30, 2019, the company had a total of 400,000,000 issued shares, with major shareholder 瑞樺 holding 248,700,000 shares, representing 62.18% of the issued share capital[66]. - 恒智控股有限公司, through its controlled entities, collectively holds 262,980,000 shares, which accounts for 65.75% of the issued share capital[66]. - 易先生, through 万昌, indirectly owns 100% of 恒智's issued share capital, indicating significant control over the company[67]. Capital Expenditure and Investments - Capital expenditure for the period was approximately HKD 645,000, compared to HKD 566,000 for the same period last year[46]. - Approximately HKD 25,000,000 of the net proceeds was used for the acquisition of an operational elderly care home[48]. - HKD 2,600,000 was allocated for upgrading the company's IT infrastructure[48]. - The company completed the acquisition of 60% of the issued share capital of Jia An Jia Limited for a consideration of HKD 63,000,000 on July 12, 2019[151].

Financial Performance - The company's revenue for the three months ended March 31, 2019, increased to approximately HKD 35,141,000, representing an 8.69% increase from HKD 32,332,000 in the same period last year[19] - EBITDA for the same period was HKD 10,518,000, reflecting a significant increase of 55.20% compared to HKD 6,777,000 in the previous year[10] - The net profit for the quarter was HKD 5,896,000, which is an increase of 48.14% from HKD 3,980,000 year-on-year[10] - The pre-tax profit for the period was HKD 7,023,000, up from HKD 4,906,000 in the previous year, indicating a growth of approximately 43.2%[67] - The total comprehensive income for the period was HKD 5,896,000, compared to HKD 3,980,000 in the same period last year, reflecting an increase of about 48.0%[67] - Basic and diluted earnings per share for the parent company shareholders were HKD 1.38, compared to HKD 0.92 in the previous year, marking an increase of approximately 50.0%[67] - Basic earnings per share for the three months ended March 31, 2019, was HKD 5,507, compared to HKD 3,680 in 2018, indicating a significant increase of approximately 49.6%[120] Revenue Breakdown - Revenue from elderly care services accounted for approximately 77.36% of total revenue, with sales of related products and healthcare services contributing 22.64%[16] - The revenue from personal client rentals was HKD 19,354,000, making up 55.08% of the total revenue from elderly care services[16] - The company reported a revenue of HKD 7,704,000 from government-subsidized rental placements, which accounted for 21.92% of the elderly care services revenue[16] - The total revenue from sales of elderly-related products was HKD 27,185,000, which is an increase from HKD 25,487,000 in the previous year[16] - Revenue from elderly care services increased from HKD 25,487,000 to HKD 27,185,000, a growth of approximately 6.66%[20] - Revenue from government-subsidized elderly care beds rose from HKD 7,134,000 to HKD 7,704,000, an increase of about 7.99%[21] - Revenue from individual clients for elderly care services grew from HKD 18,269,000 to HKD 19,354,000, reflecting a rise of approximately 5.94%[21] - Revenue from non-governmental organizations increased significantly from HKD 84,000 to HKD 127,000, marking a growth of about 51.19%[22] - Revenue from the sale of elderly-related products and health services rose from HKD 6,845,000 to HKD 7,956,000, an increase of approximately 16.23%[24] - Revenue from a major customer, the Hong Kong government, was approximately HKD 7,704,000 for the three months ended March 31, 2019, representing over 10% of total revenue[102] Operational Insights - The company operates four elderly care homes under the "Shui On" brand and plans to expand its network to meet the growing demand for elderly care services in Hong Kong[13] - The company aims to leverage its experienced management team and market reputation to further expand its elderly care services in strategically located areas in Hong Kong[13] - The average occupancy rate for subsidized elderly care homes was 93.86%, down from 96.06% in the previous year[25] - The group has a single reportable operating segment, which is the operation of elderly care homes[100] - The group anticipates continued growth in revenue driven by the demand for elderly care services and related products[103] Cost and Expenses - Employee costs slightly decreased from HKD 14,443,000 to HKD 14,428,000, a reduction of about 0.10%[26] - Property rental and related expenses decreased from HKD 6,608,000 to HKD 5,515,000, a decline of approximately 16.54%[27] - Employee benefits expenses totaled HKD 13,955,000, down from HKD 14,144,000 in 2018, showing a decrease of approximately 1.3%[112] - The total tax expense for the period was HKD 1,127,000, compared to HKD 926,000 in the same period last year, representing an increase of about 21.7%[116] - Government subsidies received during the period amounted to HKD 815,000, down from HKD 869,000 in the prior year, reflecting a decrease of about 6.2%[112] - The minimum lease payments under operating leases for land and buildings were HKD 5,515,000, compared to HKD 6,608,000 in 2018, indicating a decrease of approximately 16.5%[112] Ownership Structure - As of March 31, 2019, the company had 400,000,000 shares issued, with major shareholders holding significant stakes: Mr. Yi holds 263,980,000 shares (66.00%) and Mr. Lei holds 36,020,000 shares (9.01%) [46] - The company is indirectly controlled by Mr. Yi through Wan Chang Investment Development Limited, which holds 100% of the shares in the company [50] - The major shareholder, Ruihua, owns 248,700,000 shares, representing 62.18% of the total issued shares [51] - Ruihua is owned 89.11% by Rui Zhuang, which in turn is 59.88% owned by Hengzhi, indicating a complex ownership structure [52] - Mr. Lei directly holds 20,720,000 shares and has a 100% ownership in the investment company, Jizhao, which holds 15,300,000 shares [47] - The company has no other major shareholders or executives with disclosed interests in shares or related securities as of December 31, 2019 [50] - The ownership structure indicates that Mr. Yi is deemed to have interests in the same number of shares held by Rui Zhuang and Ruihua [52] - The company’s major shareholders collectively control approximately 66.00% of the total issued shares [51] - The ownership percentages are calculated based on the total of 400,000,000 shares issued as of March 31, 2019 [46] - The company has a significant concentration of ownership among its top executives and related entities, which may impact governance and decision-making [50] Accounting and Compliance - The audit committee has reviewed the unaudited financial results and confirmed compliance with applicable accounting standards[62] - The financial statements were prepared in accordance with International Accounting Standards (IAS) 34, indicating a focus on interim financial reporting[74] - The company operates primarily in the elderly care home business in Hong Kong, following a group restructuring completed in August 2016[72] - The financial statements are presented in Hong Kong dollars, with amounts rounded to the nearest thousand[74] - The company’s ultimate holding company is Wan Chang Investment Development Limited, owned entirely by Mr. Yi De Zhi[71] - The adoption of IFRS 16 resulted in the recognition of lease liabilities and right-of-use assets for previously classified operating leases[84] - The group applies exemptions for short-term leases and low-value asset leases, recognizing lease payments on a straight-line basis over the lease term[97] - The group recognized short-term lease expenses of HKD 4,882,000 for the three months ended March 31, 2019[98] - The carrying amount of right-of-use assets as of March 31, 2019, was HKD 10,540,000, down from HKD 11,989,000 as of January 1, 2019[98] - The lease liabilities as of March 31, 2019, were HKD 10,598,000, compared to HKD 11,989,000 as of January 1, 2019[98] Shareholder Actions - The company has agreed to acquire 60% of the issued share capital of Jia An Jia Limited for HKD 63,000,000, pending the fulfillment of certain conditions[61] - There were no purchases, sales, or redemptions of the company's listed securities during the reporting period[58] - The company has not made any arrangements for directors or key executives to acquire securities of the company or its affiliates during the reporting period[57] - The company did not recommend any dividend payment for the period, consistent with the previous year[117]

Financial Performance - Revenue for the year ended December 31, 2018, was HKD 135,516,000, representing a 39.49% increase from HKD 97,148,000 in 2017[8] - Adjusted EBITDA for 2018 was HKD 35,600,000, a significant increase of 200.78% from HKD 11,836,000 in 2017[8] - Net profit for the year was HKD 23,709,000, reflecting a remarkable growth of 648.86% compared to HKD 3,166,000 in the previous year[8] - The adjusted net profit for 2018 was HKD 23,709,000, which is a 54.05% increase from HKD 15,390,000 in the previous year[8] - Revenue from elderly care services rose from approximately HKD 78,107,000 to HKD 104,327,000, marking an increase of about 33.57%[33] - Revenue generated from personal clients renting accommodation increased from approximately HKD 53,144,000 to HKD 73,775,000, reflecting a growth of about 38.82%[35] - Revenue from the sale of elderly-related products and health services surged from approximately HKD 19,041,000 to HKD 31,189,000, an increase of about 63.80%[39] - Rental income from the Social Welfare Department under the improvement purchase scheme rose from approximately HKD 24,758,000 to HKD 30,109,000, reflecting a growth of about 21.61%[34] Assets and Liabilities - Cash and bank balances increased to HKD 59,283,000, up 24.63% from HKD 47,567,000 in 2017[8] - Trade receivables decreased to HKD 204,000, down 24.44% from HKD 270,000 in 2017[8] - Net assets increased to HKD 146,990,000, a growth of 6.68% from HKD 137,781,000 in the previous year[8] - The group's equity amounted to approximately HKD 146,990,000 as of December 31, 2018, compared to HKD 137,781,000 in 2017, reflecting an increase of about 6.5%[54] Operational Developments - The company plans to actively develop its own brand of elderly care homes to attract aging residents and those displaced from other facilities[18] - The company aims to continue identifying and acquiring suitable elderly care homes to ensure steady business growth[18] - The number of elderly care homes operated by the company increased from five to six, with a total of 816 beds compared to 589 beds in the previous year[35] - Employee costs rose from approximately HKD 41,042,000 to HKD 54,511,000, an increase of about 32.82% due to the expansion of elderly care homes[40] - The group had 277 employees as of December 31, 2018, a decrease from 293 employees in 2017[64] Challenges and Risks - Future challenges include potential rent increases due to expiring leases and increased competition from government-supported elderly care initiatives[18] - The group did not have any significant acquisitions or disposals of subsidiaries or associates during the reporting year[58] Corporate Governance - The company has a strong governance structure with independent directors overseeing audit and compensation committees[91][92] - The board includes experienced members with backgrounds in finance, marketing, and international business, enhancing strategic decision-making[89][90] - The company emphasizes good corporate governance practices to enhance accountability and transparency to shareholders[102] - The board consists of four executive directors, one non-executive director, and three independent non-executive directors, ensuring a balanced skill set and experience[104] - The company has adopted and complied with the corporate governance code as per GEM Listing Rules Appendix 15, enhancing accountability and transparency to shareholders[102] Environmental, Social, and Governance (ESG) Initiatives - The group has established an effective management policy and internal control system regarding environmental, social, and governance matters as of December 31, 2018[170] - The group emphasizes stakeholder engagement, utilizing various communication channels to gather feedback from shareholders, customers, suppliers, employees, government, and the community[165] - The group is committed to addressing key environmental, social, and governance issues, including waste management, employee welfare, and corporate social responsibility[169] - The group believes that effective management of environmental, social, and governance matters is crucial for future success[158] - The group has implemented a stakeholder engagement strategy to incorporate stakeholder expectations into its operations and governance strategies[166] Sustainability Practices - The group has committed to sustainable development practices and welcomes stakeholder feedback on its performance in this area[171] - The group's carbon footprint during the reporting period was approximately 1,458.95 tons of CO2 equivalent, with an emission density of about 5.27 tons of CO2 equivalent per employee[182] - The group generated approximately 892.1 tons of non-hazardous waste during the reporting period, with an emission density of 3.22 tons per employee[186] - The group produced a total of about 0.19 tons of hazardous waste during the reporting period, with an emission density of 0.0007 tons per employee[188] - The group implemented various measures to reduce greenhouse gas emissions, including the adoption of electric kitchen appliances in all elderly care homes[181] Energy and Resource Management - Total electricity consumption during the reporting period was approximately 2,599,668 kWh, with an emission density of about 9,385.08 kWh per employee[200] - Total water consumption during the reporting period was approximately 38,820 cubic meters, with an emission density of about 140.14 cubic meters per employee[200] - The company promotes water conservation by using water-saving fixtures and encouraging employees to report leaks[200] - The company has implemented various energy-saving measures, including the gradual replacement of lighting systems with LED technology[197] - Air conditioning and ventilation systems are equipped with timers to reduce energy consumption during low-demand periods[197]