中期報告香港九龍觀塘海濱道123號綠景NEO大廈2501室Unit 2501, NEO, 123 Hoi Bun Road, Kwun Tong, Kowloon, Hong Kong電話 Tel: (852) 2123 9530傳真 Fax: (852) 2123 9510網址 Website: www.lvgem-china.com Corporate Information2公司資料Management Discussion and Analysis5管理層討論與分析Other Information24其他資料Report on Review of Condensed Consolidated Financial Statements34簡明綜合財務報表審閱報告Condensed Consolidated Statement of Profit or Loss35簡明綜合損益表Condensed Consolidated Statement of Profit or Loss and36Other Comprehensive Income簡明綜合損益及其他全面收益表Condensed Consolidated Statement of Financial Position37簡明綜合財務狀況報表Condensed Consolidated Statement of Changes in Equity39簡明綜合權益變動表Condensed Consolidated Statement of Cash Flows40簡明綜合現金流量表Notes to the Condensed Consolidated Financial Statements41簡明綜合財務報表附註Contents 目錄 Corporate Information公司資料2LVGEM (CHINA) REAL ESTATE INVESTMENT COMPANY LIMITEDInterim Report 2021DIRECTORSExecutive DirectorsMs. HUANG Jingshu (Chairman)Mr. TANG Shouchun (Chief Executive Officer)Mr. YE XinganMr. HUANG Hao YuanMr. SIU Chi HungNon-Executive DirectorMs. LI LihongIndependent Non-Executive DirectorsMr. WANG JingMs. HU Gin IngMr. MO FanEXECUTIVE COMMITTEEMs. HUANG Jingshu (Chairman)Mr. TANG ShouchunMr. YE XinganMr. HUANG Hao YuanMr. SIU Chi HungAUDIT COMMITTEEMs. HU Gin Ing (Chairman)Mr. WANG JingMr. MO FanNOMINATION COMMITTEEMs. HUANG Jingshu (Chairman)Mr. WANG JingMr. MO FanREMUNERATION COMMITTEEMs. HU Gin Ing (Chairman)Ms. HUANG JingshuMr. MO FanAUTHORISED REPRESENTATIVESMr. TANG ShouchunMr. SIU Chi HungCOMPANY SECRETARYMr. CHAN Kin Man董事執行董事黃敬舒女士（主席）唐壽春先生（行政總裁）葉興安先生黃浩源先生蕭志雄先生非執行董事李麗紅女士獨立非執行董事王敬先生胡競英女士莫凡先生執行委員會黃敬舒女士（主席）唐壽春先生葉興安先生黃浩源先生蕭志雄先生審核委員會胡競英女士（主席）王敬先生莫凡先生提名委員會黃敬舒女士（主席）王敬先生莫凡先生薪酬委員會胡競英女士（主席）黃敬舒女士莫凡先生授權代表唐壽春先生蕭志雄先生公司秘書陳健民先生 Corporate Information公司資料3綠景（中國）地產投資有限公司二零二一年中期報告核數師德勤• 關黃陳方會計師行註冊公眾利益實體核數師註冊辦事處Windward 3Regatta Office ParkPO Box 1350Grand Cayman KY1-1108Cayman Islands總辦事處及香港主要營業地點香港九龍觀塘海濱道123號綠景NEO大廈2501室國內辦事處中國深圳巿福田區深南中路6011號NEO大 廈（A座）55層郵編：518048中國蘇州巿新區獅山路88號金河國際中心26層郵編：215011法律顧問（按英文字母排列次序）Appleby Hunter Bailhache的近律師行環球律師事務所主要往來銀行（按英文字母排列次序）中國銀行（香港）有限公司交通銀行股份有限公司上海銀行股份有限公司中國建設銀行股份有限公司中國光大銀行股份有限公司創興銀行有限公司招商永隆銀行有限公司恒生銀行有限公司華夏銀行股份有限公司南洋商業銀行有限公司AUDITORDeloitte Touche TohmatsuRegistered Public Interest Entity AuditorsREGISTERED OFFICEWindward 3Regatta Office ParkPO Box 1350Grand Cayman KY1-1108Cayman IslandsHEAD OFFICE AND PRINCIPAL PLACE OF BUSINESS IN HONG KONGUnit 2501, NEO,123 Hoi Bun Road,Kwun Tong,Kowloon, Hong KongPRC OFFICE55/F, Tower A, NEO Building6011 Shennan Avenue, Futian DistrictShenzhen, PRCPostal Code: 51804826/F Gold River Center88 Shi Shan Road, New DistrictSuzhou, PRCPostal Code: 215011LEGAL ADVISERS (in alphabetical order)Appleby Hunter BailhacheDeaconsGlobal Law OfficePRINCIPAL BANKERS (in alphabetical order)Bank of China (Hong Kong) LimitedBank of Communications Co., LtdBank of Shanghai Co., LimitedChina Construction Bank CorporationChina Everbright Bank Company LimitedChong Hing Bank LimitedCMB Wing Lung Bank LimitedHang Seng Bank LimitedHua Xia Bank Co., LimitedNanyang Commercial Bank Limited Corporate Information公司資料4LVGEM (CHINA) REAL ESTATE INVESTMENT COMPANY LIMITEDInterim Report 2021主要股份過戶登記處Ocorian Trust (Cayman) LimitedWindard 3Regatta Office ParkPO Box 1350Grand Cayman KY1-1108Cayman 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樓證券代號股份香港聯交所：95交易單位：2,000股債券470,000,000美元於二零二三年到期的12%優先票據 （國際證券編號：XS2098347821）公司網址www.lvgem-china.comPRINCIPAL SHARE REGISTRAR AND TRANSFER OFFICEOcorian Trust (Cayman) LimitedWindard 3Regatta Office ParkPO Box 1350Grand Cayman KY1-1108Cayman IslandsBRANCH SHARE REGISTRAR AND TRANSFER OFFICE IN HONG KONGTricor Investor Services LimitedLevel 54, Hopewell Centre183 Queen’s Road EastHong KongSecurities CodeStockHKEx: 95Board Lot: 2,000 sharesBondUS$470,000,000 12% Senior Notes due 2023 (ISIN: XS2098347821)WEBSITEwww.lvgem-china.com Management Discussion and Analysis管理層討論與分析5綠景（中國）地產投資有限公司二零二一年中期報告Industry ReviewDuring the first half of 2021, the prevention and control situation of the COVID-19 pandemic remained severe globally. Whilst the number of local COVID-19 cases in certain regions fluctuated, the pandemic was generally under control in mainland China. Amidst the global trend of economic recovery, the Chinese economy continued to resume its growth with many other promising indicators in general under the driving policy of “Six stability and six guarantees”. During January to June 2021, the operational revenue of the industrial enterprises above the designated size in China increased by 27.9% year-on-year and their total profits increased by 66.9% and 45.5% over the corresponding period of 2020 and 2019 respectively. During January to June 2021, fixed asset investment throughout China (exclusive of farmers) increased by 12.6% and 9.1% over the corresponding period of 2020 and 2019 respectively. Following the progressive efforts in COVID-19 vaccination and c