兆邦基生活二零二三/二四年中期报告

CONTENTS Corporate Information2Management Discussion and Analysis5Other Information12Interim Condensed Consolidated Statement of Profit orLoss and Other Comprehensive Income17Interim Condensed Consolidated Statement of FinancialPosition19Interim Condensed Consolidated Statement of Changesin Equity21Interim Condensed Consolidated Cash Flow Statement22Notes to the Interim Condensed Consolidated FinancialInformation23 Corporate Information BOARD OF DIRECTORS Executive DirectorsMr. Xu Chujia(Chairman)Mr. Xu ChushengMr. Xu Zhicong(appointed with effect from 8 September 2023)Mr. Kwan Kin Man KeithMs. Zhang Yu(appointed with effect from 8 September 2023) Non-executive DirectorMs. Zhan Meiqing Independent Non-executive DirectorsMr. Hui Chin Tong GodfreyMr. Wong Chun ManMr. Ye Longfei AUDIT COMMITTEE Mr. Wong Chun Man(Chairman)Mr. Hui Chin Tong GodfreyMr. Ye Longfei REMUNERATION COMMITTEE Mr. Hui Chin Tong Godfrey(Chairman)Mr. Ye LongfeiMs. Zhan Meiqing NOMINATION COMMITTEE Mr. Ye Longfei(Chairman)Mr. Wong Chun ManMs. Zhan Meiqing INVESTMENT COMMITTEE Mr. Xu Chujia(Chairman)Mr. Xu Chusheng COMPANY SECRETARYMr. Kwan Kin Man Keith LEGAL ADVISERSAs to Hong Kong law:LI & PARTNERS AUTHORISED REPRESENTATIVES Mr. Kwan Kin Man KeithMs. Zhan Meiqing PRINCIPAL SHARE REGISTRAR AND TRANSFEROFFICE Maples Fund Services (Cayman) LimitedP.O. Box 1093Boundary Hall, Cricket Square KY1–1102Cayman Islands Maples Fund Services (Cayman) LimitedP.O. Box 1093Boundary Hall, Cricket Square KY1–1102Cayman Islands HONG KONG SHARE REGISTRAR AND TRANSFEROFFICE 1617 Tricor Investor Services LimitedLevel 17, Far East Finance Centre16 Harcourt RoadHong Kong Corporate Information PRINCIPAL BANKEROCBC Wing Hang Bank Limited REGISTERED OFFICE Maples Corporate Services LimitedP.O. Box 309Ugland HouseGrand CaymanKY1–1104Cayman Islands Maples Corporate Services LimitedP.O. Box 309Ugland HouseGrand CaymanKY1–1104Cayman Islands HEAD OFFICE AND PRINCIPAL PLACE OFBUSINESS 168–2001113–15 Unit 13–15, 11/FChina Merchants Tower, Shun Tak Centre168–200 Connaught Road CentralHong Kong 1660 STOCK CODE1660 www.szzhaobangji.com WEBSITEwww.szzhaobangji.com Management Discussion and Analysis管 理 層 討 論 及 分 析 BUSINESS REVIEW AND MARKET PROSPECT ) Zhaobangji Lifestyle Holdings Limited (the “Company”, togetherwith its subsidiaries, the “Group”) is principally engaged in trading ofmachinery and spare parts, leasing of machinery and the provision ofrelated services in the Hong Kong S.A.R. region, and the provision ofproperty management services, leasing of machinery, property leasing,subletting, retail and other businesses in the Mainland region of thePeople’s Republic of China (the “PRC”). During the six months ended 30 September 2023 (the “Period”), theoverall market conditions in Hong Kong and the PRC were challengingas affected by the higher interest rate environment, a stagnant real-estate market and geo-political tensions. The Group will continueto employ low leverage to weather these difficult conditions. TheBoard believes that the long-term prospect of the Greater Bay Areawill continue to be positive driven by robust demand from a sizablepopulation and friendly policies from the government. FINANCIAL REVIEW Revenue 128.824.218.8%153.0 Our total revenue increased by approximately HK$24.2 million, orapproximately 18.8%, from approximately HK$128.8 million for thesix months ended 30 September 2022 (the “Previous Period”) toapproximately HK$153.0 million for the Period. Such increase wasmainly due to the increase in retail business income. Leasing of construction machinery Our Group’s revenue generated from leasing of constructionmachinery recorded a decrease by approximately HK$15.8 million,or approximately 25.7%, from approximately HK$61.4 million for thePrevious Period to approximately HK$45.6 million for the Period. Suchdecrease was mainly due to the overall stagnant real estate market inHong Kong and PRC during the Period. 61.415.825.7%45.6 Management Discussion and Analysis Trading of construction machinery 5.610.1280.4%15.7 Our Group’s revenue generated from trading of constructionmachinery recorded an increase by approximately HK$10.1 million,or approximately 280.4%, from approximately HK$5.6 million for thePrevious Period to approximately HK$15.7 million for the Period. Suchincrease was due to a higher demand in trailers, foundation machinesand drilling accessories during the Period. Property management services 34.35.616.2%28.7 Our Group’s revenue generated from property managementservices decreased by approximately HK$5.6 million, or 16.2%, fromapproximately HK$34.3 million for the Previous Period to approximatelyHK$28.7 million for the Period. The decrease was mainly due to thecertain property management fee concessions provided to tenants as aresult of the poor operating environment in the PRC. Property Leasing, Subletting, Retail and Other Businesses 27.535.4129%62.9 Our Group’s revenue generated from