(incorporated in the Cayman Islands with limited liability)Stock code 股份代號 : 9929SEM Holdings Limited澳達控股有限公司 (於開曼群島註冊成立之有限公司)2021INTERIM REPORT中期報告SEM Holdings Limited澳達控股有限公司 CONTENTS目錄2Corporate Information公司資料4Management Discussion and Analysis管理層討論及分析17Disclosure of Interests權益披露20Corporate Governance and Other Information企業管治及其他資料22Report on Review of Condensed Consolidated Financial Statements簡明綜合財務報表審閱報告24Unaudited Condensed Consolidated Statement ofProfit or Loss and Other Comprehensive Income未經審核簡明綜合損益及其他全面收益表25Unaudited Condensed Consolidated Statement ofFinancial Position未經審核簡明綜合財務狀況表27Unaudited Condensed Consolidated Statement ofChanges in Equity未經審核簡明綜合權益變動表28Unaudited Condensed Consolidated Statement ofCash Flows未經審核簡明綜合現金流量表29Notes to the Unaudited Condensed Consolidated Financial Statements未經審核簡明綜合財務報表附註 SEM Holdings Limited 澳達控股有限公司2CORPORATE INFORMATION公司資料BOARD OF DIRECTORSExecutive DirectorsMr. Woo Chu Fai (Chief Executive Officer)Mr. Wun Chi WaiMr. Yu Chi KwanNon-Executive DirectorsMr. Wan Man Keung (Chairman)Mrs. Kan Wan Wai Yee MavisIndependent Non-Executive DirectorsMr. Lau Ping Cheung KaizerDr. Sham Chung Ping Alain, BBSMr. May Tai Keung NicholasBOARD COMMITTEESAudit CommitteeMr. May Tai Keung, Nicholas (Chairman)Mrs. Kan Wan Wai Yee MavisDr. Sham Chung Ping Alain, BBSRemuneration CommitteeDr. Sham Chung Ping Alain, BBS (Chairman)Mr. Lau Ping Cheung KaizerMrs. Kan Wan Wai Yee MavisNomination CommitteeMr. Lau Ping Cheung Kaizer (Chairman)Mr. May Tai Keung, NicholasMr. Wan Man KeungAUTHORISED REPRESENTATIVESMr. Woo Chu FaiMr. Yip Chi Fai (resigned on 7 July 2021)Mr. Lo Kwun Kit (appointed on 7 July 2021)COMPANY SECRETARYMr. Yip Chi Fai (resigned on 7 July 2021)Mr. Lo Kwun Kit (appointed on 7 July 2021)董事會執行董事胡柱輝先生（行政總裁）尹志偉先生俞志軍先生非執行董事尹民強（主席）簡尹慧兒夫人獨立非執行董事劉炳章先生沈仲平博士，BBS梅大強先生董事委員會審核委員會梅大強先生（主席）簡尹慧兒夫人沈仲平博士，BBS薪酬委員會沈仲平博士，BBS（主席）劉炳章先生簡尹慧兒夫人提名委員會劉炳章先生（主席）梅大強先生尹民強先生授權代表胡柱輝先生葉志輝先生（於二零二一年七月七日辭任）盧冠傑先生（於二零二一年七月七日獲委任）公司秘書葉志輝先生（於二零二一年七月七日辭任）盧冠傑先生（於二零二一年七月七日獲委任） Interim Report 中期報告 20213CORPORATE INFORMATION公司資料AUDITORSDeloitte Touche TohmatsuRegistered Public Interest Entity AuditorsCOMPLIANCE ADVISERAmple Capital LimitedPRINCIPAL SHARE REGISTRAR AND TRANSFER OFFICEConyers Trust Company (Cayman) LimitedCricket SquareHutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman IslandsHONG KONG BRANCH SHARE REGISTRAR AND TRANSFER OFFICETricor Investor Services LimitedLevel 54, Hopewell Centre183 Queen’s Road EastHong KongREGISTERED OFFICECricket SquareHutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman IslandsHEADQUARTERS AND PRINCIPAL OFFICE OF BUSINESSUnit B, 5/FWing Sing Commercial CentreNos.12–16 Wing Lok StreetSheung WanHong KongCOMPANY WEBSITEsemhld.comSTOCK CODE9929核數師德勤•關黃陳方會計師行註冊公眾利益實體核數師合規顧問豐盛融資有限公司主要股份過戶登記處Conyers Trust Company (Cayman) LimitedCricket SquareHutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands香港股份過戶登記分處卓佳證券登記有限公司香港皇后大道東183號合和中心54樓註冊辦事處Cricket SquareHutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands總部及主要營業地點香港上環永樂街12–16號永昇商業中心5樓B室本公司網站semhld.com股份代號9929 SEM Holdings Limited 澳達控股有限公司4MANAGEMENT DISCUSSION AND ANALYSIS管理層討論及分析BUSINESS REVIEW AND MARKET PROSPECTReady System Engineering Limited, a wholly owned subsidiary of SEM Holdings Limited (the “Company”, together with its subsidiaries, the “Group”) was founded in 2006. We are a renowned and well-established electrical and mechanical (“E&M”) engineering works contractor in Macau with our focus on providing electrical-related E&M engineering works. The scope of our E&M engineering works mainly consisted of supply, installation and maintenance of electrical system, for new and existing buildings in the projects of commercial and residential development, hotel and casino development and renovation in Macau.The Group has marked a major milestone in 2020 with its listing (the “Listing”) on the Main Board of The Stock Exchange of Hong Kong Limited (the “Stock Exchange”) on 14 February 2020 (the “Listing Date”), undoubtedly providing an effective platform for the Group’s further development in the market. The additional capital raised and a broader capital base as a result of Listing reinforce our determination to the future growth in the electrical-related E&M engineering works in Macau and promote our Group as a well-organised enterprise to the public.During the six months ended 30 June 2021 (the “Period 2021”), the Group recorded total revenue of approximately MOP74.0 million, which increased by approximately MOP29.1 million or 64.8% from approximately MOP44.9 million for the six months ended 30 June 2020 (the “Period 2020”). The increase was mainly attributable to (i) the ease of quarantine measures for COVID-19 epidemic imposed by the Macau Special Administrative Region (“SAR”) Government which lead to improvement in con