
CORPORATE INFORMATION公司資料 BOARD OF DIRECTORS Executive DirectorsMr. Liu Xue Heng(Chairman and Chief Executive Officer)Mr. Lam Ka TakMr. Hou Gongda Non-executive DirectorMr. Hu Yebi Independent Non-executive DirectorsMr. Tse Man Kit, KeithMr. Lok Lawrence Yuen MingMr. Xin Luo LinMr. Pan Lihui AUTHORISED REPRESENTATIVES 20237272023727 (for the purposes of Listing Rules)Mr. Kwok Yu Fung (appointed on 27 July 2023)Mr. Siu Wai Bun (resigned on 27 July 2023)Mr. Hu Yebi COMPANY SECRETARY 20237272023727 Mr. Kwok Yu Fung (appointed on 27 July 2023)Mr. Siu Wai Bun (resigned on 27 July 2023) AUDIT COMMITTEE Mr. Lok Lawrence Yuen Ming(Chairman)Mr. Xin Luo LinMr. Pan Lihui NOMINATION COMMITTEE Mr. Pan Lihui(Chairman)Mr. Lok Lawrence Yuen MingMr. Xin Luo Lin REMUNERATION COMMITTEE Mr. Lok Lawrence Yuen Ming(Chairman)Mr. Xin Luo LinMr. Pan Lihui REGISTERED OFFICE 3rd Floor, Queensgate House113 South Church StreetP.O. Box 10240Grand Cayman, KY1-1002Cayman Islands 3rd Floor, Queensgate House113 South Church StreetP.O. Box 10240Grand Cayman, KY1-1002Cayman Islands CORPORATE INFORMATION公司資料 HEADQUARTERS Eastern BuildingTennis CentreChaoyang ParkChaoyang DistrictBeijingPRC PRINCIPAL PLACE OF BUSINESS IN HONG KONG 1115101 Room 101, 5/F, Greatmany Centre111 Queen’s Road EastWanchaiHong Kong CAYMAN ISLANDS PRINCIPAL SHARE REGISTRAR ANDTRANSFER OFFICE Harneys Services (Cayman) Limited3rd Floor, Queensgate House113 South Church StreetP.O. Box 10240Grand Cayman KY1-1002Cayman Islands Harneys Services (Cayman) Limited3rd Floor, Queensgate House113 South Church StreetP.O. Box 10240Grand Cayman KY1-1002Cayman Islands HONG KONG SHARE REGISTRAR 1617 Tricor Investor Services Limited17/F, Far East Finance Centre16 Harcourt RoadHong Kong INDEPENDENT AUDITOR Moore Stephens CPA LimitedRegistered Public Interest Entity Auditor www.bsehk.com WEBSITEwww.bsehk.com PRINCIPAL BANKERS (IN ALPHABETICAL ORDER) Bank of Communications Co., Ltd. Hong Kong BranchShanghai Commercial Bank Ltd.Shanghai Pudong Development Bank Co., Ltd. STOCK CODE 18032,500 The Stock Exchange of Hong Kong Limited: 1803Board lot: 2,500 shares MANAGEMENT DISCUSSION AND ANALYSIS管理層討論及分析 20236302023 The board of directors (the “Board” and the “Directors”) of Beijing Sports andEntertainment Industry Group Limited (the “Company”) is pleased to presentthe 2023 interim report and the unaudited condensed consolidated financialstatements of the Company and its subsidiaries (collectively referred as the“Group”) for the six-month period ended 30 June 2023 (the “Current Period”). BUSINESS REVIEW AND OUTLOOK 45.19.417.0202263023.53.024.9 During the Current Period, the Group recorded the revenue of HK$45.1 millionas compared with HK$23.5 million in the six-months ended 30 June 2022 (the“Corresponding Period”), a gross profit of HK$9.4 million as compared withHK$3.0 million in the Corresponding Period and a net loss of HK$17.0 million ascompared with HK$24.9 million in the Corresponding Period. Sports and Entertainment Business (i)(ii)(iii)(iv)(v) The Group is principally engaged in the sports and entertainment business.MetaSpace (Beijing) Air Dome Corp.* (“MetaSpace”), a non-wholly ownedsubsidiary of the Company, is a leading integrated service provider in the PRCfocusing on construction, operation and management of air-dome facilities. Theseair domes can be widely applied in five major scopes: (i) sports, (ii) commercialand cultural tourism, (iii) industrial and environmental protection, (iv) agriculturalwarehousing, and (v) highland oxygen enrichment. MANAGEMENT DISCUSSION AND ANALYSIS管理層討論及分析 As the air dome technology advances, the public has increasingly recognisedand accepted this innovative structure. Furthermore, the economic stimuluspolicies introduced by the Chinese government have created new demandfor air dome structures. On one hand, through competitive negotiationsand tenders, MetaSpace actively utilises its own technical advantages andprofessional competences to provide customers with comprehensive solutions.While establishing nationwide sales channels and diversifying its success cases,the company manages to increase market share, and convinces customers torecognise and accept its products and services. On the other hand, MetaSpacepursues market expansion through various professional exhibitions such as sportsexpos and logistics expos, establishes the MetaSpace brand within the industry,and enhances the market awareness of the dome structure technology. Besidespromoting MetaSpace’s technical advantages through professional exhibitions,forums, and other forms, the company enters into collaboration with variouspartners on promoting the application of the dome structure technology in targetindustries. Meanwhile, MetaSpace will actively seek opportunities for its businessexpansion to other Asian countries. As a leading enterprise in China’s air domes industry, MetaSpace is committedto promoting a green and environmental-friendl