
2023 Contents目錄 2Corporate Information5Management Discussion and Analysis35Supplementary Information43Interim Condensed Consolidated Statement ofComprehensive Income44Interim Condensed Consolidated Statement ofFinancial Position46Interim Condensed Consolidated Statement ofChanges in Equity48Interim Condensed Consolidated Statement ofCash Flows50Notes to the Interim Condensed Consolidated FinancialInformation Corporate Information公司資料 Board of DirectorsExecutive DirectorsMr. Lui Ming(Chairman)Mr. Lui Jin LingMr. Lui Chi Chung Jimmy Non-executive DirectorsMr. Lui Wing MauMr. Lui Wing Nam Independent Non-executive DirectorsMr. Chan Pak HungMr. Guo ShaomuMs. Tang Lo Nar Audit Committee Mr. Chan Pak Hung(Chairman)Mr. Lui Wing NamMr. Guo ShaomuMs. Tang Lo Nar Remuneration Committee Mr. Guo Shaomu(Chairman)Mr. Chan Pak HungMs. Tang Lo Nar Nomination Committee Mr. Lui Ming(Chairman)Mr. Chan Pak HungMr. Guo ShaomuMs. Tang Lo Nar Authorised RepresentativesMr. Lui Jin LingMr. Lam Yu Tin Eugene Company SecretaryMr. Lam Yu Tin Eugene Registered Office Harneys Fiduciary (Cayman) Limited4th Floor, Harbour Place103 South Church Street, P.O. Box 10240Grand Cayman KY1-1002Cayman Islands Harneys Fiduciary (Cayman) Limited4th Floor, Harbour Place103 South Church Street, P.O. Box 10240Grand Cayman KY1-1002Cayman Islands Corporate Information (Continued)公司資料(續) Headquarters in the PRCNo. 11 Building, PortMix South DistrictNo. 2177 Shenkun RoadMinhang DistrictShanghaiChina 217711 Principal Place of Business in Hong KongSuites 5015/F, Five Pacific Place28 Hennessy RoadWan ChaiHong Kong 285501 The Cayman Islands PrincipalShare Registrar and Transfer Office Harneys Fiduciary (Cayman) Limited4th Floor, Harbour Place103 South Church Street, P.O. Box 10240Grand Cayman KY1-1002Cayman Islands Harneys Fiduciary (Cayman) Limited4th Floor, Harbour Place103 South Church Street, P.O. Box 10240Grand Cayman KY1-1002Cayman Islands 1617 Hong Kong Branch Share Registrar Tricor Investor Services Limited17/F, Far East Finance Centre16 Harcourt RoadHong Kong Principal Banks Bank of China (Hong Kong)DBS Hong KongBank of JiangsuBank of ChinaIndustrial BankBank of Communications Corporate Information (Continued)公司資料(續) Legal AdvisersAs to Hong Kong Law:CFN Lawyers in association with Broad & Bright As to Cayman Islands law:Harney Westwood & Riegels AuditorPricewaterhouseCoopersCertified Public AccountantsRegistered Public Interest Entity Auditor 202071506968.HK Listing InformationShare ListingThe Company’s ordinary shares were listed on theMain Board of The Stock Exchange of Hong KongLimited (Stock Code: 06968.HK) on 15 July 2020 Company’s Websitewww.glchina.group www.glchina.group 06968.HK Stock Code06968.HK Management Discussion and Analysis管理層討論與分析 GENERAL OVERVIEWReview of the first half 2023 2023 GDP5.5%67.1%11 In just half a year after the relaxation of the anti-pandemic measuresin China, the economic cycle as well as the income and consumptionof the population have shown positive improvements. The real estatemarket has shown a stable trend in general with an increase inthe GDP of 5.5% in the first half of the year. All regions upheld thedirection of “houses are for living in and not for speculative investment”and implemented city-based policies to support rigid and upgradereasonable demand for housing, in order to proactively ensure projectdelivery, people’s livelihood and stability. In the first quarter, the previouslybacklogged demand for housing was released intensively, leading toan improvement in the real estate market, and in the second quarter,the real estate market gradually returned to normalized operation. Thegrowth of medium and long-term loan continued to rise in the real estateindustry. As at the end of June, the growth of medium and long-termloan in the real estate industry reached 7.1%, which has been rising for11 consecutive months. The People’s Bank of China and the Administration of FinancialRegulation jointly issued a notice to extend the applicable period oftwo of the “16 Supportive Financial Measures” to the end of December2024, guiding financial institutions to continue to extend the maturityof the existing loans of real estate enterprises, increase the financialsupport for guaranteed delivery of housing, satisfy the industry’sreasonable financing needs and create a favorable financial environmentfor the resolution of industry risks in an orderly manner. 16202412 In the face of the severe situation of the industry, the Group adheres tothe principle of “customer orientation, quality assurance and deliveryassurance” and the corporate culture of “responsibility, pragmatism,simplicity and efficiency”, uniting in its efforts to achieve sustainabledevelopment by fighting and coexisting together. In the first half of the year, the Group’s operations were generally stable.Through the adoption of a marketing strategy of precise categorizationwith reasonable pricing, the Group was able