阳光100中国2023中期报告

( 於開曼群島註冊成立的有限公司 )(Incorporated in the Cayman Islands with limited liability)股份代號 Stock Code：2608 2023 INTERIM REPORT中 期 報 告 CONTENTS 2Corporate Information Chairman’s Statement 6Management Discussion and Analysis Corporate Governance 44 47Disclosure of the Interests Information Other Information Condensed Consolidated Statement ofComprehensive Income 61 Condensed Consolidated Statement of FinancialPosition 65Condensed Consolidated Statement of Changes ofEquity Condensed Consolidated Statement of Cash Flows 69Notes to the Condensed Consolidated FinancialStatements CORPORATE INFORMATION Board of DirectorsExecutive DirectorsMr. Yi Xiaodi(Chairman)Mr. Fan Xiaochong(Vice Chairman) Non-executive DirectorsMs. Fan XiaohuaMr. Wang Gongquan Independent Non-executive DirectorsMr. Gu YunchangMr. Ng Fook Ai, VictorMr. Li Chunping Audit Committee Mr. Ng Fook Ai, Victor(Chairman)Mr. Gu YunchangMr. Li Chunping Remuneration CommitteeMr. Li Chunping(Chairman)Mr. Fan XiaochongMr. Gu Yunchang Nomination Committee Mr. Yi Xiaodi(Chairman)Mr. Gu YunchangMr. Li Chunping Company SecretaryMr. Tsang Ho Yin www.ss100.com.cn Company’s Websitewww.ss100.com.cn Authorised RepresentativesMr. Yi XiaodiMr. Tsang Ho Yin One Nexus Way,Camana Bay,Grand Cayman KY1-9005,Cayman Islands Registered OfficeOne Nexus Way,Camana Bay,Grand Cayman KY1-9005,Cayman Islands 2D12100026 Head Office 12th Floor, Tower DNo. 2 Guang Hua RoadBeijing 100026PRC SUNSHINE 100 CHINA HOLDINGS LTD2023 INTERIM REPORT2 CORPORATE INFORMATION (Continued) Principal Place of Business In Hong Kong 1539 39/F, Gloucester Tower, The Landmark15 Queen’s Road CentralCentralHong Kong Legal Adviser 1533 Morrison & Foerster33/F, Edinburgh Tower, The Landmark15 Queen’s Road CentralCentralHong Kong Auditor Mazars CPA Limited42nd Floor, Central Plaza18 Harbour RoadWanchai, Hong Kong 1842 Principal Banks Agricultural Bank of ChinaChina Everbright BankChina Minsheng BankChina Zheshang BankHua Xia Bank Hong Kong Branch Share Registrar and TransferOffice 18317M Computershare Hong Kong Investor Services Limited17M Floor, Hopewell Centre183 Queen’s Road East,WanchaiHong Kong Principal Share Registrar and Transfer Office Suntera (Cayman) LimitedSuite 3204, Unit 2A,Block 3, Building D,P.O. Box 1586, Gardenia Court,Camana Bay, Grand Cayman,KY1-1100, Cayman Islands Suntera (Cayman) LimitedSuite 3204, Unit 2A,Block 3, Building D,P.O. Box 1586, Gardenia Court,Camana Bay, Grand Cayman,KY1-1100, Cayman Islands Listing Information Place of listing: The Stock Exchange of Hong Kong Limited (the “StockExchange”)Stock code: 2608 2608 CHAIRMAN’S STATEMENT The board (the “Board”) of directors (the “Director(s)”) of Sunshine100 China Holdings Ltd (the ”Company”, together with itssubsidiaries, the “Group”) would like to present the business reviewand outlook of the Group for the six months ended 30 June 2023 (the”Reporting Period”). 1002023630 Business Review and Outlook Business Review Since the beginning of this year, as the impact of the COVID-19pandemic gradually subsided, leading to a slow recovery in thedomestic economy. Driven by favourable policies, and superimposedon the previous market demand backlog release and other factors,during the first quarter the market saw a minor rebound market inthe hot spot city, and the industry was led into a weak recovery, butwith the previous backlog of demand release completed, the demandquickly declined and the relevant policies were not as strong asexpected, the overall market failed to continue the warming trend.Residents’ weak income expectations, strong expectations of fallinghouse prices, and homebuyers’ worries about the poor performance ofthe property completion are still the key to the problem. 148.16,882 Due to factors such as the macroeconomic environment, the downturnin the real estate industry and the still tight financing environment,the Company’s contract sales fell sharply during the Reporting Period,and only completed RMB148.1 million and the contract sales area ofapproximately 6,882 square meters. Revenue during the Reporting Period was approximately RMB1,136.9million, representing a decrease of 4.7% compared with the sameperiod in 2022. Gross profit in the first half of 2023 was approximatelyRMB130.2 million, representing a decrease of 34.1% compared withthe same period in 2022. As a result of the decrease in gross marginon delivery, the increase in valuation losses on investment propertiesand the increase in financing expenses during the Reporting Period, aloss of approximately RMB1,132.7 million was recognized during theReporting Period. 1,136.920224.7%2023130.2202234.1%1,132.7 556,498202294.2%2022 With the reiteration of real estate as a “pillar industry of the nationaleconomy”, “ensuring the delivery of buildings” remains the toppriority of this year’s theme. During the period under review, the Groupcompleted 556,498 square metres of gross floor area, representingan increase of 9