景瑞控股2023 中期报告

2023INTERIM REPORT中 期 報 告 Contents 256112939•41•43•44•45•47•49 Corporate InformationFinancial HighlightsChairman’s StatementManagement Discussion and AnalysisOther InformationReport on Review of Condensed Consolidated Interim Financial StatementsCondensed Consolidated Interim Financial Statements•Condensed Consolidated Interim Balance Sheet•Condensed Consolidated Interim Income Statement•Condensed Consolidated Interim Statement of Comprehensive Income•Condensed Consolidated Interim Statement of Changes in Equity•Condensed Consolidated Interim Cash Flow Statement•Notes to the Condensed Consolidated Interim Financial Statements Corporate Information COMPANY NAME * Jingrui Holdings Limited EXECUTIVE DIRECTORS 20233 30 Mr. Yan Hao(Chairman (re-designated from Co-chairman on 30 March2023) and Chief Executive Officer)Mr. Xu Hai Feng(Vice President)Mr. Chen Chao(Vice President and Chief Financial Officer) NONEXECUTIVE DIRECTOR 202333020233 30 Mr. Chen Xin Ge(Co-chairman (resigned on 30 March 2023))(re-designated from executive Director to non-executive Director on30 March 2023) INDEPENDENT NONEXECUTIVE DIRECTORS Mr. Han JiongMr. Qian Shi ZhengDr. Lo Wing Yan William AUDIT COMMITTEE Mr. Qian Shi Zheng(Chairman)Dr. Lo Wing Yan WilliamMr. Han Jiong REMUNERATION COMMITTEE 20233 3020233 30 Mr. Han Jiong(Chairman)Dr. Lo Wing Yan WilliamMr. Yan Hao(appointed on 30 March 2023)Mr. Chen Xin Ge(ceased to serve on 30 March 2023) NOMINATION COMMITTEE 20233 3020233 3020233 30 Mr. Han Jiong(Chairman) (re-designated from member of theNomination Committee on 30 March 2023)Dr. Lo Wing Yan WilliamMr. Chen Xin Ge(appointed on 30 March 2023)Mr. Yan Hao(Chairman) (ceased to serve on 30 March 2023) 20238 30 RISK MANAGEMENT COMMITTEEMERGED INTO THE AUDIT COMMITTEE ON 30 AUGUST2023 202383020238 3020238 30 Mr. Qian Shi Zheng(Chairman, ceased to serve on 30 August 2023)Mr. Han Jiong(ceased to serve on 30 August 2023)Dr. Lo Wing Yan William(ceased to serve on 30 August 2023) COMPANY SECRETARY Ms. Jiang Bing Xian * Corporate Information AUTHORISED REPRESENTATIVES Mr. Yan HaoMs. Jiang Bing Xian www.jingruis.com COMPANY’S WEBSITEwww.jingruis.com REGISTERED OFFICE One Nexus WayCamana BayGrand Cayman KY1-9005Cayman Islands One Nexus WayCamana BayGrand Cayman KY1-9005Cayman Islands PRINCIPAL PLACE OF BUSINESS ANDHEAD OFFICE IN THE PRC 207B8 8/F, Building B, BenQ Plaza,207 Songhong RoadShanghai, PRC PRINCIPAL PLACE OF BUSINESS IN HONG KONG 26121218 Room 1218, 12/F, China Resources Building26 Harbour RoadWanchai, Hong Kong LEGAL ADVISERS As to Hong Kong Law: 39 Sidley Austin39/F, Two International Finance CentreCentral, Hong Kong As to PRC Law: 96823-25 Grandall Law Firm23-25/F, Garden Square968 Beijing West Road, Shanghai, China As to Cayman Islands law: WalkersSuite 1501-1507, Alexandra House18 Chater Road, Central, Hong Kong Walkers181501-1507 AUDITOR 810 Elite Partners CPA Limited10/F, 8 Observatory Road, Tsim Sha Tsui,Kowloon, Hong Kong STOCK CODE 01862 01862 Corporate Information HONG KONG SHARE REGISTRAR 183171712-1716 Computershare Hong Kong Investor Services LimitedShops 1712-1716, 17th Floor, Hopewell Centre183 Queen’s Road East, Wanchai, Hong Kong PRINCIPAL BANKS Hong KongIndustrial and Commercial Bank of China (Asia) LimitedBank of China (Hong Kong) Limited PRC Agricultural Bank of China, Shanghai BranchChina Construction Bank, Shanghai BranchBank of China, Shanghai BranchBank of Shanghai, Shanghai Branch (1)100% Chairman’s Statement DEAR SHAREHOLDERS, *20236 302023 On behalf of Jingrui Holdings Limited (“Jingrui” or the “Company”),I am pleased to present the unaudited interim results and businessreview of the Company and its subsidiaries (the “Group”, “we” or “us”)for the six months ended 30 June 2023 (the “Periodunder Review”) aswell as our outlook for the second half of 2023. MARKET REVIEW 2023593,0345.5%2021202359,5155.3%2.8%63,0921.1%3.7%49,88024.3%33,90419.0% In the first half of 2023, with the economy and society graduallyresuming normal operations, the macro policies taking effect and themomentum of economic growth continuing to be strengthened, themacroeconomic operation of the People’s Republic of China (the “PRC”or “China”) remained generally stable, with a gross domestic productof RMB59,303.4 billion in the first half of the year, representing a year-on-year increase of 5.5%. The economy recovery continued, albeit ata slower growth rate, and the problem of insufficient momentum fordomestic economic growth was gradually highlighted. Against thecontinuous development of the real estate industry and the continuousdownturn in the operation of real estate enterprises since 2021, therecovery of the real estate industry was sluggish. In the first half of2023, sales area of commercial properties amounted to 595.15 millionsquare meters (“sq.m.”), representing a year-on-year decrease of 5.3%,of which, the sales area of residential properties declined by 2.8