中国华君二零二三中期报告

(Incorporated in Bermuda with limited liability)(Stock Code:377) INTERIM REPORT中期報告2023 Pages Corporate Information2Management Discussion and Analysis4Condensed Consolidated Statement of Profit or Lossand Other Comprehensive Income12Condensed ConsolidatedStatement of Financial Position14Condensed ConsolidatedStatement of Changes in Equity17Condensed Consolidated Statement of Cash Flows18Notes to the CondensedConsolidated Financial Statements20Other Information59 CORPORATE INFORMATION BOARD OF DIRECTORS Executive Directors Mr. Yan Ruijie(Chairman and Chief Executive Officer)Ms. Chen Yun Independent Non-Executive Directors Mr. Shen RuoleiMr. Pun Chi PingMr. Mok Yi Kwo AUDIT COMMITTEE Mr. Pun Chi Ping(Chairman)Mr. Shen RuoleiMr. Mok Yi Kwo REMUNERATION COMMITTEE Mr. Mok Yi Kwo(Chairman)Mr. Shen RuoleiMr. Pun Chi PingMr. Yan Ruijie NOMINATION COMMITTEE Mr. Shen Ruolei(Chairman)Mr. Pun Chi PingMr. Mok Yi KwoMr. Yan Ruijie COMPANY SECRETARY Mr. Tam Ka Lung AUTHORISED REPRESENTATIVES Mr. Yan RuijieMr. Tam Ka Lung Ocorian Law (Bermuda) Limited LEGAL ADVISERS Anthony Siu & Co. Solicitors & NotariesOcorian Law (Bermuda) Limited AUDITOR Prism Hong Kong and Shanghai LimitedCertified Public AccountantsRegistered Public Interest Entity Auditor CORPORATE INFORMATION PRINCIPAL BANKERS Bank of China (Hong Kong) LimitedIndustrial and Commercial Bank of China LimitedLiaoshen Bank Company LimitedShengjing Bank Company Limited REGISTERED OFFICE Victoria Place, 5th Floor31 Victoria Street, HamiltonPembroke, HM10Bermuda Victoria Place, 5th Floor31 Victoria Street, HamiltonPembroke, HM10Bermuda HEAD OFFICE AND PRINCIPAL PLACE OFBUSINESS IN HONG KONG Room 903–905, 9th FloorShui On Centre6–8 Harbour RoadWanchaiHong Kong 6–89903–905 PRINCIPAL SHARE REGISTRAR ANDTRANSFER OFFICE IN BERMUDA Ocorian Services (Bermuda) LimitedVictoria Place, 5th Floor31 Victoria Street, HamiltonPembroke, HM10Bermuda Ocorian Services (Bermuda) LimitedVictoria Place, 5th Floor31 Victoria Street, HamiltonPembroke, HM10Bermuda HONG KONG SHARE REGISTRAR ANDTRANSFER OFFICE 338333301-04 Union Registrars LimitedSuites 3301-04, 33/FTwo Chinachem Exchange Square338 King’s RoadNorth PointHong Kong STOCK CODE 377 377 http://www.chinahuajungroup.com COMPANY WEBSITE http://www.chinahuajungroup.com INVESTOR RELATIONS CONTACT ir@chinahuajungroup.com(852) 2290 9222(852) 2290 9333 Email: ir@chinahuajungroup.comTelephone: (852) 2290 9222Fax: (852) 2290 9333 This Interim Report is available on the websites of HKEx and the Company. MANAGEMENT DISCUSSION AND ANALYSIS BUSINESS REVIEW (i)(ii)(iii)(iv) China Huajun Group Limited (the “Company”, together with itssubsidiaries as the “Group”), is an investment holding company.Our Group used to engaged in four core businesses, namely (i)Printing; (ii) Trading and Logistics; (iii) Property Developmentand Investments; and (iv) Financial Services. Due to volatile andweakness in capital market and continuing operating loss incurredby the financial services business, the Group has reduced its scaleand disposed of the core financial services business in May 2023. For the six months ended 30 June 2023 (the “Reporting Period”),revenue was approximately RMB2,018.7 million, which representedan increase of approximately RMB1,140 million, or 129.7% whencompared to revenue of approximately RMB878.7 million for the sixmonths ended 30 June 2022 (the “Last Period”). 2,018.7878.71,140129.7% 2,170.027.41,288.2 The overall increase in revenue was attributable to the increase inrevenue generated from our Property Development and Investmentssegment. During the Reporting period, a project of investmentproperties under development and properties held for sale ofBaohua Properties Development (Shanghai) Co., Ltd * (“BaohuaShanghai”) pledged for the loan were enforced to judicial auctionsand the entire project was sold for a consideration of approximatelyRMB2,170.0 million thus the revenue of Property Developmentand Investments recorded a increase of approximately RMB1,288.2million when compared to revenue of approximately RMB27.4million for the Last Period. 485.0557.0199.2257.5 Meanwhile Trading and Logistics segment and Printing segmentcontinue contribute stable revenue of approximately RMB485.0million (the Last Period: approximately RMB557.0 million) andapproximatelyRMB199.2 million(Last Period:approximatelyRMB257.5 million). Decrease in revenue of our Trading and Logisticssegment was due to change in product mix to concentrate resourceson trading of petrochemical products with higher profit margin.Decrease in revenue of printing business was due to strict inventorycontrol implemented by certain major customers who deferredorders for our printing products. MANAGEMENT DISCUSSION AND ANALYSIS BUSINESS REVIEW(Continued) Below are details of the financial and trading prospects of the corebusiness segments of the Group: Printing NewIsland Printing Group Company Limited(“New Island”)isone of the lea