绿领控股中期报告2024

Condensed Consolidated Statement of Profit or Loss33 Condensed Consolidated Statement ofProfit or Loss and Other Comprehensive Income35 Condensed Consolidated Statement of Financial Position36 Corporate Information BOARD OF DIRECTORSExecutive DirectorsMr. Tse Michael Nam(Chairman and Chief Executive Officer)Mr. Zhang SanhuoMs. An Juan(appointed on 28 June 2024) Independent Non-executive DirectorsMr. Ho Kin Cheong, KelvinMr. Shen WeidongMr. Tian Hong AUDIT COMMITTEE Mr. Ho Kin Cheong, Kelvin(Chairman of the Committee)Mr. Shen WeidongMr. Tian Hong REMUNERATION COMMITTEE Mr. Tian Hong(Chairman of the Committee)Mr. Ho Kin Cheong, KelvinMr. Shen Weidong NOMINATION COMMITTEE Mr. Tse Michael Nam(Chairman of the Committee)Mr. Ho Kin Cheong, KelvinMr. Shen WeidongMr. Tian Hong RISK MANAGEMENT COMMITTEE Mr. Tse Michael Nam(Chairman of the Committee)Mr. Ho Kin Cheong, KelvinMr. Shen WeidongMr. Tian Hong COMPANY SECRETARYMs. Chu Ka Ying AUTHORIZED REPRESENTATIVESMr. Tse Michael NamMs. Chu Ka Ying Clarendon House2 Church StreetHamilton HM 11Bermuda REGISTERED OFFICE Clarendon House2 Church StreetHamilton HM 11Bermuda HEAD OFFICE AND PRINCIPAL PLACE OFBUSINESS 88–988812A Unit A, 12/F.Central 8888–98 Des Voeux Road CentralHong Kong 55E1D PRINCIPAL BANKER Bank of Communications (Hong Kong) LimitedShop E1 & Portion of Shop D, G/F.Lee Kee BuildingNo. 55 Ngau Tau Kok Road, KowloonHong Kong LEGAL CONSULTANT 16-181191901A 1902 1902A Michael Li & Co.Rooms 1901A, 1902 & 1902A, 19/F.New World Tower I16-18 Queen’s Road CentralCentral, Hong Kong AUDITOR 3323 Elite Partners CPA LimitedLevel 23, YF Life Tower33 Lockhart RoadWanchai, Hong Kong PRINCIPAL SHARE REGISTRARAND TRANSFER OFFICE Conyers Corporate Services (Bermuda)LimitedClarendon House2 Church StreetHamilton HM 11Bermuda Conyers Corporate Services (Bermuda)LimitedClarendon House2 Church StreetHamilton HM 11Bermuda HONG KONG BRANCH SHARE REGISTRARAND TRANSFER OFFICE 1617 Tricor Tengis Limited17/F., Far East Finance Centre16 Harcourt RoadHong Kong http://www.greenleader.hk WEBSITEhttp://www.greenleader.hk Management Discussion and Analysis The board (the “Board”) of directors (the “Director(s)”) of GreenLeader Holdings Group Limited (the “Company”) is pleased topresent the unaudited condensed consolidated interim financialstatements of the Company and its subsidiaries (collectively, the“Group”) for the six months ended 30 June 2024 together withthe comparative figures for the corresponding period in 2023and the relevant explanatory notes. BUSINESS REVIEW Overview As of the first half of 2024, the Shanxi coal market ischaracterized by several notable trends and dynamics. Shanxi,a major coal-producing province in China, has experiencedstable to slightly increased production levels, maintaining itscrucial role in the country’s coal supply. Coal prices in Shanxihave fluctuated due to various factors, including domesticsupply issues and global market conditions. In the first halfof 2024, prices have faced upward pressure from factorssuch as transportation costs, environmental regulations, andmarket speculation. Ongoing investments in infrastructure areenhancing coal mining efficiency and transportation. Upgradesto railways and logistics networks are crucial for improving theflow of coal from mines to end-users. Overall, while the Shanxicoal market remains robust and continues to play a significantrole in China’s energy landscape, it is influenced by a range offactors, including regulatory pressures, economic conditions,and global market dynamics. BUSINESS REVIEW (CONTINUED) Coal Mining Business 41% On 19 January 2024, in compliance with relevant governmentpolicies issued by the Shanxi Provincial Government* (), Jinneng Holdings Group Limited* () (“Jinneng”) transferred its 41% equity interest in ShanxiCoal Transportation and Marketing Group Energy InvestmentDevelopment Company Limited* () (“Shanxi Coal Group”) (including its rights toappoint directors of Shangxi Coal Group) to Shanxi Coking CoalGroup Coal Management Company Limited* () (“Shanxi Coking”) and such equity interest ismanaged by its subsidiary, Xishan Meidian (Group) CompanyLimited* (()) (“Xishan Meidian”).As a result of the reorganization and/or pursuant to therelevant governmental policies, Shanxi Ruiying Investment andManagement Co., Ltd* () (“ShanxiRuiying”), Shanxi Changtong Energy Share Co., Ltd* () (“Shanxi Changtong”) and Taiyuan ZhituoInvestment Consultant Co., Ltd* () have collectively issued an undertaking in favour of XishanMeidian pursuant to which the 2 directors additionally appointedonto the board of directors of Shanxi Coal Group (the “ShanxiCoal Group Board”) by Shanxi Ruiying and Shanxi Changtongpursuant to a resolution of the shareholders of Shanxi EnergyIndustry Group Company Limited* () in 2009 shall abstain from exercising their voting rightsat the meetings of the Shanxi Coal Group Board. As a result ofthe completion of the reorganisation, the Group ha