Financial Performance - The company recorded a revenue of HKD 3,125,000 from the sale of 51% equity in its subsidiary Chongqing Yuanjia during the year ended December 31, 2020[7]. - The company successfully settled debts amounting to HKD 8,960,000 through a tripartite settlement agreement in April 2020, resulting in full repayment of the debt[7]. - The financial statements for the year ended December 31, 2021, will include comparative figures from the previous year, allowing for better assessment of performance[8]. Auditor's Opinion - The auditor's report for the year ended December 31, 2021, included a qualified opinion due to insufficient audit evidence regarding loans and debts[6]. - The company aims to eliminate the qualified opinion from its financial statements for the year ending December 31, 2022, provided no other issues arise[10]. - The management and audit committee have acknowledged the reasons behind the auditor's qualified opinion and are working towards addressing the concerns raised[9]. - The company has taken steps to resolve issues related to loans and debts that were highlighted in the previous auditor's report[7]. - The company is committed to providing additional information regarding the auditor's qualified opinion to shareholders and potential investors[5]. Governance and Compliance - The board of directors includes three executive directors and three independent non-executive directors, ensuring a diverse governance structure[12]. - The company is focused on improving its financial reporting and compliance to enhance investor confidence and transparency[10].
中国长远(00110) - 2021 Q4 - 年度财报