华南城中期报告2023/24

CONTENTS目錄 2Corporate Information公司資料4Project Overview項目概況20Chairmen’s Statement主席報告25Management Discussion and Analysis管理層討論及分析43Disclosure of Interests權益披露51Corporate Governance and Other Information企業管治及其他資料53Interim Condensed Consolidated Statement ofProfit or Loss中期簡明綜合損益表55Interim Condensed Consolidated Statement ofComprehensive Income中期簡明綜合全面收益表56Interim Condensed Consolidated Statement ofFinancial Position中期簡明綜合財務狀況表58Interim Condensed Consolidated Statement ofChanges in Equity中期簡明綜合權益變動表60Interim Condensed Consolidated Statement ofCash Flows中期簡明綜合現金流量表62Notes to Interim Condensed ConsolidatedFinancial Information中期簡明綜合財務資料附註 CORPORATE INFORMATION Board of DirectorsCo-Chairmen (2)(3)(2)(3) Mr. Li Wenxiong(Non-Executive Director)(2)(3)Mr. Cheng Chung Hing(Executive Director)(2)(3) Executive Directors Ms. Geng Mei(Chief Operating Officer)Mr. Wan Hongtao(Group’s Vice President)Mr. Qin Wenzhong(Group’s Financial Controller)Ms. Cheng Ka Man Carman *(1) Non-Executive Directors* Mr. Fung Sing Hong StephenMs. Shen Lifeng(1)Ms. Li AihuaMs. Deng Jin Independent Non-Executive Directors** ** Mr. Leung Kwan Yuen AndrewGBM, GBS, JP(1)(2)(3)Mr. Li Wai Keung(1)(2)(3)Mr. Hui Chiu ChungJP(1)Ms. Zee Helen(2)(3)Dr. Li Xu(2)(3) (1)(2)(3)(1)(2)(3)(1)(2)(3)(2)(3) (CPA, CFA) Chief Financial OfficerMr. Chan Mau Cheong Bryan(CPA, CFA) (CPA) Company SecretaryMr. Chan Hing Chau(CPA) AuditorErnst & Young Legal AdvisorsAs to Hong Kong lawLinklatersReed Smith Richards Butler As to China lawCommerce & Finance Law Offices (1)Member of Audit Committee(2)Member of Remuneration Committee(3)Member of Nomination Committee (1)(2)(3) *Ms. Li Aihua has been appointed as Non-Executive Director from 16 May2023.*Ms. Deng Jin has been appointed as Non-Executive Director from 16 May2023.*Mr. Cheng Tai Po resigned as Non-Executive Director with effect from 25August 2023.*Mr. Fung Sing Hong Stephen has been appointed as a Non-ExecutiveDirector and resigned as a Senior Adviser of the Group with effect from 25August 2023.**Dr. Li Xu has been appointed as Independent Non-Executive Director anda member of each of the Nomination Committee and the RemunerationCommittee with effect from 16 May 2023. Corporate Information (Continued) Principal Bankers Industrial and Commercial Bank of China LimitedPingAn Bank Co., Ltd.Bank of China LimitedBank of Dongguan Co., Ltd.Shanghai Pudong Development Bank Co., Ltd.China Construction Bank CorporationBank of Communications Co., Ltd.Bank of Jiangsu Co., Ltd.China Citic Bank Corporation LimitedBank of Hangzhou Co., Ltd.China Minsheng Banking Corp., Ltd.China Everbright Bank Co., Ltd.Agricultural Development Bank of ChinaIndustrial Bank Co., Ltd.China Zheshang Bank Co., Ltd.China Guangfa Bank Co., Ltd.Bank of Shanghai Co., Ltd.Zhongyuan Bank Co., Ltd.Nanyang Commercial Bank, Limited Registered Office Suites 3306-08, 33/F., Tower 5, The Gateway,15 Canton Road, Tsim Sha Tsui, Kowloon, Hong Kong 15333306-08 183171712-1716 Share Registrar Computershare Hong Kong Investor Services LimitedShops 1712-1716, 17th Floor, Hopewell Centre,183 Queen’s Road East, Wanchai, Hong Kong Listing InformationShare Listing 1668 The Stock Exchange of Hong Kong LimitedStock code: 1668 Senior Notes Listing 202449%ISINXS2085883119202469%ISINXS2120092882202479%ISINXS17202163882024109%ISINXS22380301622024129%ISINXS2227909640 The Singapore Exchange Securities Trading LimitedThe Company’s 9% senior notes due Apr 2024(ISIN: XS2085883119)The Company’s 9% senior notes due Jun 2024(ISIN: XS2120092882)The Company’s 9% senior notes due Jul 2024(ISIN: XS1720216388)The Company’s 9% senior notes due Oct 2024(ISIN: XS2238030162)The Company’s 9% senior notes due Dec 2024(ISIN: XS2227909640) Website www.chinasouthcity.com www.chinasouthcity.com (852) 3188-3111(852) 3188-1323ir@chinasouthcity.com Investor Relations Telephone:(852) 3188-3111Fax:(852) 3188-1323Email:ir@chinasouthcity.com PROJECT OVERVIEW Shenzhen Metro Line 10(Huanancheng Station)10 Trade Centres andOffice Buildings inthe Northwest ofCSC Shenzhen China South City Shenzhen China South City Shenzhen (“CSC Shenzhen”), situated at the PinghuLogistics Base in Longgang District, Shenzhen, is the Group’s first project.Shenzhen City, one of the four first-tier cities in China, is located at theheart of the Greater Bay Area amid an extensive transportation network. Located in the northeast of Shenzhen. With the local governmentfurther developing Longgang District as an innovation centre in theeast of Shenzhen, its ancillary infrastructure such as logistics, healthcareand education will continue to advance, bringing more convenience tomerchants of CSC Shenzhen. The new shopping experience at Wanda Plaza featuring tourism, culture,social interaction and lifestyle created synergies with CSC Shenzhen’soriginal market and customer base, as well as its well-established offeringsfor industries wholesale, warehousing and logistics, e-commerce, andliving faciliti