金轮天地控股2023 中期报告

) 2023 目錄Contents 2Corporate Information6Management Discussion and Analysis20Disclosure of Interests29Other Information33Consolidated Statement of Profit or Loss and Other Comprehensive Income35Consolidated Statement of Financial Position37Consolidated Statement of Changes in Equity39Condensed Consolidated Cash Flow Statement41Notes to the Unaudited Interim Financial Report 公司資料Corporate Information DIRECTORS 執行董事 Executive Directors Tjie Tjin Fung Mr. Wong Yam Yin(Chairman)Mr. Wong Kam Fai(Vice Chairman, Chief Executive Officer)Mr. Wong Kam Keung, Barry(Standing Vice President)Mr. Tjie Tjin Fung(Vice Chairman) 非執行董事 Non-executive Directors Suwita JanataGunawan Kiky Mr. Suwita Janata(Vice Chairman)Mr. Gunawan Kiky 獨立非執行董事 Independent Non-executive Directors Mr. Wong Cho Kei, BonnieMr. Li Sze KeungMs. Wong Lai Ling COMPANY SECRETARYMs. Li On Lok AUTHORISED REPRESENTATIVES Mr. Wong Kam FaiMs. Li On Lok AUDIT COMMITTEE Mr. Li Sze Keung(Chairman)Mr. Wong Cho Kei, BonnieMs. Wong Lai Ling REMUNERATION COMMITTEE Mr. Wong Cho Kei, Bonnie(Chairman)Mr. Wong Kam FaiMs. Wong Lai Ling 公司資料Corporate Information NOMINATION COMMITTEE Mr. Wong Yam Yin(Chairman)Mr. Li Sze KeungMs. Wong Lai Ling AUDITORS 108 KPMG8th Floor, Prince’s Building10 Chater RoadCentral, Hong Kong LEGAL ADVISORS 979181801–03 Guantao & Chow Solicitors and NotariesSuites 1801–03, 18th FloorOne Taikoo Place, 979 King’s RoadQuarry BayHong Kong Conyers Dill & Pearman (Cayman) LimitedCricket SquareHutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands Conyers Dill & Pearman (Cayman) LimitedCricket SquareHutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands REGISTERED OFFICE Conyers Trust Company (Cayman) LimitedCricket SquareHutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands Conyers Trust Company (Cayman) LimitedCricket SquareHutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands 公司資料Corporate Information HEADQUARTERS AND PRINCIPAL PLACE OFBUSINESS IN CHINA 833 33/F, Golden Wheel International PlazaNo. 8, Hanzhong RoadNanjingChina PLACE OF BUSINESS IN HONG KONG 6827–28 27–28/F, Golden Wheel Plaza68 Electric RoadTin HauHong Kong PRINCIPAL SHARE REGISTRAR ANDTRANSFER OFFICE Conyers Trust Company (Cayman) LimitedCricket SquareHutchins DriveP.O. Box 2681Grand Cayman, KY1-1111Cayman Islands Conyers Trust Company (Cayman) LimitedCricket SquareHutchins DriveP.O. Box 2681Grand Cayman, KY1-1111Cayman Islands HONG KONG SHARE REGISTRAR ANDTRANSFER OFFICE 183171712–1716 Computershare Hong Kong Investor Services LimitedShops 1712–171617/F, Hopewell Centre183 Queen’s Road EastWanchaiHong Kong PRINCIPAL BANKERS Bank of JiangsuHang Seng Bank LimitedHong Kong and Shanghai Banking Corporation Limited 公司資料Corporate Information IR@gwtd.com.hk INVESTOR AND PUBLIC RELATIONS IR@gwtd.com.hk 1232 STOCK CODE 1232 COMPANY WEBSITE www.gwtd.com.hk www.gwtd.com.hk 金輪本公司本集團香港聯交所聯交所1232中國 Golden Wheel Tiandi Holdings Company Limited (“Golden Wheel” or the“Company”) and its subsidiaries (collectively, the “Group”) were listed on theMain Board of The Stock Exchange of Hong Kong Limited (the “HongKongStockExchange” or the “StockExchange”) in January 2013 (Stock Code:1232). The Group’s major businesses include investment holding, commercial andresidential property development, property investment, property management andhotel operation. The Group is an integrated commercial and residential propertydeveloper, owner and operator in Hong Kong and the People’s Republic of China (the“PRC”) and focuses on developing projects that are physically connected or in closeproximity to metro stations or other transportation hubs. 管理層討論與分析Management Discussion and Analysis 董 事董 事 會報告期間 The board (the “Board”) of directors (the “Directors”) of the Company is pleased toannounce the unaudited consolidated results of the Group for the six months ended30 June 2023 (the “Reporting Period”). BUSINESS REVIEW In the first half of 2023, the international political and economic situation wascomplex and volatile, the property market was weak and continued its downturn ascredit problem of property developers remained unsolved. In addition, given that anumber of property developers struggled and faced financial difficulties and manyproperty projects have been suspended and could not be completed, few home buyersare willing to shell out in advance for new housing. After facing serious challengesdue to the impact from COVID-19 restrictions, the Group faced further challengessuch as weak economic recovery and debt default risk. In March 2023, the Groupannounced that a debt restructuring of the senior notes will be implemented andonce it is completed, will improve the Group’s financial stability and sustainabilityand to resume normal operations. Although confronting the severe situation, theGroup continued to guarantee construction and delivery, and expected two projects,namely, Wuxi Golden Wheel Starry Plaza and Golden