Financial Proceeds and Utilization - The total net proceeds from the global offering amount to approximately RMB 573.2 million, with RMB 136.4 million remaining unutilized as of the report date[10]. - The company plans to utilize the unutilized net proceeds for acquisitions or investments in other business operation services and property management service providers[10]. - The expected timeline for utilizing the unutilized net proceeds is before April 2026, subject to market conditions[4]. - The company has reaffirmed that the utilized net proceeds have been used in accordance with previously disclosed purposes, with no changes planned for the remaining net proceeds[9]. - The company will issue announcements if there are any significant changes to the planned use of the remaining net proceeds[4]. - As of December 31, 2023, the company has not utilized any unallocated net proceeds over the past three fiscal years[16]. Business Strategy and Operations - The company aims to enhance its risk resilience by actively restructuring and appropriately adjusting its business operations in response to economic downturns and insufficient drivers in the Chinese real estate market[4]. - The board will identify suitable business operation service and property management service providers as acquisition or investment targets to expand the scale of its business operations[4]. - The company is focusing on the development and expansion of health and wellness industry cooperation and opportunities[4]. - The company is committed to maintaining stable development of existing businesses while exploring new opportunities[4]. Market Conditions and Challenges - The global economic downturn due to the COVID-19 pandemic has significantly impacted business activities, leading to low economic growth[16]. - The upstream real estate market in China faced unprecedented challenges due to the domestic property crisis that erupted in 2021[16]. - The performance and operations of commercial operation and property management service providers are closely tied to the real estate market, resulting in adverse effects[16]. - The company has adopted a more cautious approach in identifying potential acquisition or investment targets due to the fluctuations in the upstream real estate market[16]. - The company has allocated RMB 469.6 million for acquisitions or investments in other business operations, with specific allocations for various services[3].
星悦康旅(03662) - 2023 - 年度业绩