远大中国中期报告2024

(incorporated in the Cayman Islands with limited liability)Stock Code2789 Technology Leads Market,Services Create Value Contents Corporate Information2Financial Highlights5Management Discussion and Analysis6Latest Information of Share Capital andMajor Shareholders17Other Information21Consolidated Statement of Profit or Loss22Consolidated Statement of Profit or Lossand Other Comprehensive Income23Consolidated Statement of Financial Position24Consolidated Statement of Changes in Equity26Condensed Consolidated Cash Flow Statement28Notes to the Unaudited Interim Financial Report30 Corporate Information DIRECTORS Executive Directors 202436 Kang Baohua(Chairman)Zhao Zhongqiu(Chief executive officer)Ma Minghui(resigned on 6 March 2024)Wang HaoZhang Lei Independent non-executive Directors 2024642024117 Woo Kar Tung, Raymond(retired on 4 June 2024)Yang QianwenWang YuhangHa Gang(appointed on 17 January 2024) BOARD COMMITTEES Audit Committee 2024642024117 Woo Kar Tung, Raymond(retired on 4 June 2024)Yang Qianwen(Chairman)Wang YuhangHa Gang(appointed on 17 January 2024) Nomination Committee Kang Baohua(Chairman)Yang QianwenWang Yuhang Remuneration Committee 2024642024117 Yang Qianwen(Chairman)Woo Kar Tung, Raymond(retired on 4 June 2024)Zhao ZhongqiuHa Gang(appointed on 17 January 2024) REGISTERED OFFICE Cricket SquareHutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands Cricket SquareHutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands Corporate Information HEADQUARTERS IN CHINA 1320110027 20, Street 13Shenyang Economic & Technological Development AreaShenyang 110027China PLACE OF BUSINESS IN HONG KONG 362911 Office 11, 9/FFortune Commercial Building362 Sha Tsui RoadTsuen Wan, New TerritoriesHong Kong AUTHORIZED REPRESENTATIVES Zhao ZhongqiuYu Leung Fai, Philip(CPA (HKICPA, AICPA and ASCPA)) COMPANY SECRETARY Yu Leung Fai, Philip(CPA (HKICPA, AICPA and ASCPA)) PRINCIPAL SHARE REGISTRAR Suntera (Cayman) LimitedSuite 3204, Unit 2ABlock 3, Building D, P. O. Box 1586Gardenia Court, Camana BayGrand Cayman, KY1-1100Cayman Islands Suntera (Cayman) LimitedSuite 3204, Unit 2ABlock 3, Building D, P.O. Box 1586Gardenia Court, Camana BayGrand Cayman, KY1-1100Cayman Islands HONG KONG SHARE REGISTRAR Link Market Services (Hong Kong) Pty Limited28161601 Link Market Services (Hong Kong) Pty LimitedSuite 1601, 16/F Central Tower28 Queen’s Road CentralHong Kong Corporate Information PLACE OF LISTING The main board of The Stock Exchange of Hong Kong Limited(the “Stock Exchange”) STOCK CODE 2789 2789 PRINCIPAL BANKERS Industrial and Commercial Bank of China Limited,Shenyang Yu Hong SubbranchChina Development Bank Corporation, Liaoning BranchShengjing Bank, Shenyang Yuhong SubbranchChina Guangfa Bank Co., Ltd., Shenyang Shenhe SubbranchChina Zheshang Bank Co., Ltd., Shenyang BranchShenyang Rural Commercial Bank Co., Ltd.,Hunnan SubbranchHuludao Rural Commercial Bank Co., Ltd.,Longgang SubbranchIndustrial Bank Co., Ltd Shenyang Changbai Subbranch AUDITORS 108 KPMGPublic Interest Entity Auditor registered in accordance withthe Accounting and Financial Reporting Council Ordinance8th Floor, Prince’s Building10 Chater RoadCentral, Hong Kong LEGAL ADVISORS As to Hong Kong lawSidley Austin WEBSITE www.yuandacn.com www.yuandacn.com Financial Highlights Note:Adjusted gross profit margin is presented as the result afterdeducting impairment losses on financial assets and contractassets. Management Discu s s ion a nd Analy s is BUSINESS REVIEW Overall Performance 20242024616,8365.0% In the first half of 2024, geopolitical tensions were high, traderisks were increased, and global economic growth remainedin a state of prolonged uncertainty. Facing a complex andchallenging exter nal environment, China’s economy hasgenerally recovered. According to the data released by theNational Bureau of Statistics of China, China’s GDP in thefirst half of 2024 was approximately RMB61,683.6 billion,representing a year-on-year increase of approximately 5.0%.The trend of high-quality development has not changed. The real estate industry is still undergoing deep adjustmentand transformation. The policies of the Central Governmentof China continue to steer the property sector back to a pathof long-term healthy development, which has somewhatmitigated the impact of the downturn in the property sector. Inthe current business environment, the Group always prioritisessustainable and healthy development, continuously enhancesproject product strength and service capability, and drives theimprovement of engineering quality and delivery standards. TheGroup has strengthened cash flow and capital coordinationmanagement and continued to prevent operational risksthrough prudent financial management policies, making theGroup a sustainable enterprise in the industry cycle. 20246 306.020236306.420230.46.3% For the six months ended 30 June 2024 (the “ReportingPeriod”), the profit attributable to equity s