华音国际控股中期报告2021/22

(於百慕達註冊成立之有限公司)HUA YIN INTERNATIONAL HOLDINGS LIMITED( Incorporated in Bermuda with limited liability)華音國際控股有限公司Stock Code 股份代號：989Interim Report中期報告2021/22 Contents目 錄Corporate Information公司資料Management Discussion and Analysis管理層討論與分析Report on Review of Interim Financial Information中期財務資料審閱報告Condensed Consolidated Statement of Profit or Loss簡明綜合損益表Condensed Consolidated Statement of Comprehensive Income 簡明綜合全面收入表Condensed Consolidated Statement of Financial Position 簡明綜合財務狀況表Condensed Consolidated Statement of Changes in Equity 簡明綜合權益變動表Condensed Consolidated Statement of Cash Flows 簡明綜合現金流量表Notes to the Condensed Consolidated Financial Statements 簡明綜合財務報表附註Other Information 其他資料252932333436373995 HUA YIN INTERNATIONAL HOLDINGS LIMITED 華音國際控股有限公司2Corporate Information公司資料BOARD OF DIRECTORSExecutive DirectorsCUI Xintong (Co-chairperson) (Redesignated on 26 November 2021)LI Junjie (Chief Executive Officer)CONG PeifengXU YingchuanNon-executive DirectorsCUI Mindong (Appointed on 26 November 2021)SUI Guangyi (Co-chairperson) (Appointed on 26 November 2021)Independent Non-executive DirectorsTSANG Hung KeiWANG XiaochuWANG Xueguang (Appointed on 26 November 2021)BOARD COMMITTEESAudit CommitteeTSANG Hung Kei (Chairperson)WANG XiaochuWANG Xueguang (Appointed on 26 November 2021)董事會執行董事崔薪瞳（聯席主席） （於二零二一年十一月二十六日 獲調任）李俊傑（行政總裁）叢佩峰徐映川非執行董事崔民東 （於二零二一年十一月二十六日 獲委任）隋廣義（聯席主席） （於二零二一年十一月二十六日 獲委任）獨立非執行董事曾鴻基王曉初王雪光 （於二零二一年十一月二十六日 獲委任）董事委員會審核委員會曾鴻基（主席）王曉初王雪光 （於二零二一年十一月二十六日 獲委任） Interim Report 2021/22 中期報告3Remuneration CommitteeCUI Xintong (Chairperson)TSANG Hung KeiWANG XiaochuWANG Xueguang (Appointed on 26 November 2021)Nomination CommitteeCUI Xintong (Chairperson) (Appointed on 26 November 2021)TSANG Hung KeiWANG XiaochuWANG Xueguang (Appointed on 26 November 2021)COMPANY SECRETARYNG Man Kit MickyREGISTERED OFFICEClarendon House2 Church StreetHamilton HM 11BermudaHEAD OFFICE AND PRINCIPAL PLACE OF BUSINESS IN HONG KONGRoom 1305, 13th FloorChina Resources BuildingNo. 26 Harbour RoadWanchai, Hong KongTel: (852) 2209 2888Fax: (852) 2209 2988Website: http://www.huayininternational.com薪酬委員會崔薪瞳（主席）曾鴻基王曉初王雪光 （於二零二一年十一月二十六日 獲委任）提名委員會崔薪瞳（主席） （於二零二一年十一月二十六日 獲委任）曾鴻基王曉初王雪光 （於二零二一年十一月二十六日 獲委任）公司秘書伍文傑註冊辦事處Clarendon House2 Church StreetHamilton HM 11Bermuda總辦事處及香港主要營業地點 香港灣仔港灣道26號華潤大廈13 樓1305 室電話：(852) 2209 2888傳真：(852) 2209 2988網址：http://www.huayininternational.com HUA YIN INTERNATIONAL HOLDINGS LIMITED 華音國際控股有限公司4Corporate Information公司資料PRINCIPAL SHARE REGISTRARMUFG Fund Services (Bermuda) Limited4th Floor North, Cedar House 41 Cedar AvenueHamilton HM 12BermudaHONG KONG BRANCH SHARE REGISTRARTricor Abacus LimitedLevel 54, Hopewell Centre183 Queen’s Road EastHong KongHONG KONG LEGAL ADVISORMichael Li & Co.AUDITORMazars CPA LimitedCertified Public AccountantsPRINCIPAL BANKERSHang Seng Bank LimitedIndustrial Bank Co., Ltd.STOCK CODE989主要股份過戶登記處MUFG Fund Services (Bermuda) Limited4th Floor North, Cedar House 41 Cedar AvenueHamilton HM 12Bermuda香港股份過戶登記分處卓佳雅柏勤有限公司香港皇后大道東183 號合和中心54 樓香港法律顧問李智聰律師事務所核數師中審眾環（香港）會計師事務所有限公司執業會計師主要往來銀行恒生銀行有限公司興業銀行股份有限公司股份代號989 Interim Report 2021/22 中期報告5Management Discussion and Analysis管理層討論與分析OVERVIEW AND OUTLOOKDuring the first three quarters of 2021, the world is continuously facing with the uncertainty from the COVID-19 pandemic. Although the number of confirmed cases varies from province to province, the COVID-19 pandemic has been generally under control in Mainland China. The PRC Government has coordinated and implemented preventive and controlled measures towards both the pandemic as well as the domestic economic development. Mainland China’s economy has maintained a steady and positive momentum with a year-on-year growth of 9.8% in GDP.With the above situation and the development of virus variants as well as quarantine measures, cross-border leisure travel has been minimized. Instead, weekend getaways and three-hour short- or medium-travel circles (including high speed rail or self-drive tours to surrounding cities and suburbs) are getting popular. For the first three quarters of 2021, the domestic leisure travel, in terms of the total number of trips, has made a year-on-year growth of 39.1% with numbers reaching 58.5% of pre-pandemic level. In Changbaishan region, the year-on-year growth of 73.9% was noted with the numbers reaching 41% of pre-pandemic level.In view of this, the management has carried out a thorough deliberation on the Group’s cultural tourism project in Changbaishan (“Fusong Property Project”). The Company has performed a re-evaluation on the existing strategy of (1) the potential divestment plan of the Fusong Property Project; and (2) the government re-purchase. In the meantime, further reconsideration of the possibility of development of the Fusong Property Project would be made by the