华音国际控股2022/23 年报

()( Incorporated in Bermuda with limited liability )Stock Code989 Annual Report2022/23 Contents目 錄Corporate InformationFinancial HighlightsChairperson’s StatementManagement Discussion and AnalysisBiographical Details of Directors and Senior ManagementDirectors’ ReportCorporate Governance ReportEnvironmental, Social and Governance ReportIndependent Auditor’s ReportConsolidated Statement of Profit or LossConsolidated Statement of Comprehensive IncomeConsolidated Statement of Financial PositionConsolidated Statement of Changes in EquityConsolidated Statement of Cash FlowsNotes to the Consolidated Financial StatementsSchedule of Principal PropertiesFive-year Financial Summary24562632466689969798100102104231236 Corporate Information BOARD OF DIRECTORS Executive Directors CUI Xintong(Co-chairperson)LI Junjie(Chief Executive Officer)CONG PeifengXU Yingchuan Non-executive Directors CUI MindongSUI Guangyi(Co-chairperson) Independent Non-executive Directors TSANG Hung KeiWANG XiaochuWANG Xueguang BOARD COMMITTEES Audit Committee TSANG Hung Kei(Chairperson)WANG XiaochuWANG Xueguang Remuneration Committee TSANG Hung Kei(Chairperson)(Appointed as Chairperson on 29 June 2022) CUI Xintong(Ceased to be Chairperson on 29 June 2022)WANG XiaochuWANG Xueguang Nomination Committee CUI Xintong(Chairperson)TSANG Hung KeiWANG XiaochuWANG Xueguang COMPANY SECRETARY NG Man Kit Micky REGISTERED OFFICE Clarendon House2 Church StreetHamilton HM 11Bermuda Clarendon House2 Church StreetHamilton HM 11Bermuda HEAD OFFICE AND PRINCIPAL PLACE OFBUSINESS IN HONG KONG 26131305(852) 2209 2888(852) 2209 2988http://www.huayininternational.com Room 1305, 13th FloorChina Resources BuildingNo. 26 Harbour RoadWanchai, Hong KongTel: (852) 2209 2888Fax: (852) 2209 2988Website: http://www.huayininternational.com PRINCIPAL SHARE REGISTRAR MUFG Fund Services (Bermuda) Limited4th Floor North, Cedar House41 Cedar AvenueHamilton HM 12Bermuda MUFG Fund Services (Bermuda) Limited4th Floor North, Cedar House41 Cedar AvenueHamilton HM 12Bermuda HONG KONG BRANCH SHARE REGISTRAR Tricor Abacus Limited17/F, Far East Finance Centre,16 Harcourt Road,Hong Kong HONG KONG LEGAL ADVISOR Michael Li & Co. AUDITOR Mazars CPA LimitedCertified Public Accountants PRINCIPAL BANKERS Hang Seng Bank Limited STOCK CODE 989 989 Chairperson’s Statement Hua Yin International HoldingsLimited On behalf of the board (the “Board”) of directors (the “Directors”) ofHua Yin International Holdings Limited (“Hua Yin International” or the“Company”), I submit herewith the annual report of the Company andits subsidiaries (collectively, the “Group”) for the year ended 31 March2023. + Going forward, the Group will continue to promote the in-depthimplementation of various projects based on “one core product strategycoupled with a supplementary business”, whereby the Group willaccelerate the completion of the industrial layout of unique culturaltourism and products such as ginseng, mineral water, etc. The Groupwill proactively respond to the national strategy of “revitalizing thenortheast old industry base” and the “houses are built to be inhabited,not for speculation” called for by the PRC Government, thereby steadilycompleting the existing real estate projects while actively exploring newmodels of real estate development, and seek new opportunities in theestablishment of the national real estate market system and securitysystem so as to form Hua Yin International's unique cultural tourism +real estate development model. 2023•20236,500 With the advent of the post-pandemic era, people’s demand for healthyfood, health care products, healthy lifestyles, and enjoyment of a betterlife and beliefs and spiritual levels has become stronger. Judging fromthe domestic travel data during the Chinese New Year in 2023 and theLabour Day holidays, domestic tourism and vacations have recoveredor even exceeded the level before the pandemic. In the first quarterof 2023, the accumulated number of inbound and outbound tourismexceeded 65 million and continued to show explosive growth. Theseexisting data and development trends will bring great benefits to theGroup’s existing and upcoming unique cultural tourism projects and helpthe Group gain more development opportunities. Therefore, the Groupwill closely focus on its core strategies, seize favorable opportunitiesto develop unique cultural tourism and open up premium resources inChangbaishan, accelerate strategies implementation progress, integratemore resources, and make sufficient preparations for the upcomingpeak demand for tourism, vacation and big health products. The Groupwill realize more benefits and returns for shareholders through thedevelopment of unique cultural tourism industry and products madewith premium resources in Changbaishan such as ginseng, mineralwater, etc. On behalf of the Board, I would like to express my deepest gratitudeto the shareholders, investors, business partners and customers whohave given