宝新置地2024 中期业绩报告

(Incorporated in the Cayman Islands with limited liability)(Stock Code299) 2024INTERIM REPORT CONTENTS Corporate Information Management Discussion and Analysis5 Corporate Governance and Other Information16 Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income25 Condensed Consolidated Statement of Financial Position Condensed Consolidated Statement of Changes in Equity Condensed Consolidated Statement of Cash Flows Notes to the Condensed Consolidated Financial Statements CORPORATE INFORMATION Board of Directors Executive Directors John Edward Hunt Mr. John Edward Hunt(Chairman)(appointed on 19 June 2024)Mr. Fong Ching Kong(Chief Financial Officer)(appointed on 19 June 2024)Mr. Yao Jianhui(resigned on 19 June 2024)Ms. Xia Lingjie(Chief Executive Officer)(resigned on 19 June 2024) Non-Executive DirectorMs. Zhan Yushan Independent Non-Executive Directors Mr. Shi FazhenMs. Tan Xinyan(appointed on 15 July 2024)Mr. Huang Shubo(appointed on 15 July 2024)Ms. He Suying(resigned on 15 July 2024)Dr. Tang Lai Wah(resigned on 15 July 2024) Company Secretary Mr. Fong Ching Kong Legal Advisers Cheung Yan & AssociatesDavid Fong & Co. Audit Committee # Mr. Shi Fazhen#Ms. Tan Xinyan(appointed on 15 July 2024)Mr. Huang Shubo(appointed on 15 July 2024)Ms. He Suying(resigned on 15 July 2024)Dr. Tang Lai Wah(resigned on 15 July 2024) Development Committee #John Edward Hunt Mr. Fong Ching Kong#(re-designated on 19 June 2024)Mr. John Edward Hunt(appointed on 19 June 2024)Ms. Zhan Yushan(appointed on 19 June 2024)Mr. Yao Jianhui(resigned on 19 June 2024)Ms. Xia Lingjie(resigned on 19 June 2024) Investment Committee Mr. Fong Ching Kong#(appointed on 19 June 2024)Mr. John Edward Hunt(appointed on 19 June 2024)Ms. Zhan YushanMr. Yao Jianhui(resigned on 19 June 2024)Ms. Xia Lingjie(resigned on 19 June 2024) #John Edward Hunt Nomination Committee #John Edward Hunt Mr. Shi Fazhen#Mr. John Edward Hunt(appointed on 19 June 2024)Ms. Tan Xinyan(appointed on 15 July 2024)Mr. Yao Jianhui(resigned on 19 June 2024)Ms. He Suying(resigned on 15 July 2024) Risk Management Committee # Mr. Fong Ching Kong#(appointed on 19 June 2024)Mr. John Edward Hunt(appointed on 19 June 2024)Ms. Zhan YushanMr. Yao Jianhui(resigned on 19 June 2024)Ms. Xia Lingjie(resigned on 19 June 2024) John Edward Hunt Salary Review Committee # Ms. Tan Xinyan#(appointed on 15 July 2024)Mr. John Edward Hunt(appointed on 19 June 2024)Mr. Huang Shubo(appointed on 15 July 2024)Mr. Yao Jianhui(resigned on 19 June 2024)Ms. He Suying(resigned on 15 July 2024)Dr. Tang Lai Wah(resigned on 15 July 2024) John Edward Hunt Authorised Representatives John Edward Hunt Mr. John Edward Hunt(appointed on 19 June 2024)Mr. Fong Ching KongMr. Yao Jianhui(resigned on 19 June 2024) Auditor BDO LimitedCertified Public Accountants andRegistered Public Interest Entity AuditorHong Kong Principal Bankers Hong Kong and Shanghai Banking CorporationChina CITIC Bank Corporation LimitedChina Minsheng Bank Corp., Ltd.Bank of Communications Co., LtdIndustrial and Commercial Bank of China LimitedChina Everbright Bank Company LimitedAgricultural Bank of China Limited Principal Place of Business in Hong Kong 301101002 Unit 1002, 10th Floor,Silvercord Tower 130 Canton RoadTsim Sha Tsui, KowloonHong Kong Principal Share Registrar and Transfer Office Suntera (Cayman) LimitedSuite 3204, Unit 2A, Block 3, Building DP.O. Box 1586, Gardenia Court, Camana BayGrand Cayman, KY1-1100Cayman Islands Suntera (Cayman) LimitedSuite 3204, Unit 2A, Block 3, Building DP.O. Box 1586, Gardenia Court, Camana BayGrand Cayman, KY1-1100Cayman Islands Registered Office Cricket Square, Hutchins DriveP.O. Box 2681Grand Cayman, KY1-1111Cayman Islands Cricket Square, Hutchins DriveP.O. Box 2681Grand Cayman, KY1-1111Cayman Islands Hong Kong Branch Share Registrar andTransfer Office 1617 Tricor Investor Services Limited17/F, Far East Finance Centre16 Harcourt RoadHong Kong Contacts (852) 2598 8788(852) 2877 8080http://www.hk0299.cominfo@hk0299.com Telephone:(852) 2598 8788Facsimile:(852) 2877 8080Website:http://www.hk0299.comEmail:info@hk0299.com Stock Code 299 299 # #Chairman MANAGEMENT DISCUSSION AND ANALYSIS INDUSTRY AND MARKET OVERVIEW In order to prevent systemic risks in the real estate industry and maintainstable and healthy development of the real estate market, the People’sRepublic of China (“PRC” or “China”) government continued to relaxand has been increasingly relaxing its regulatory policies, by introducingfavorable policies on both supply and demand sides. However, fromthe perspective of macroeconomic environment, the trend of globaleconomic slowdown had a direct impact on the real estate industry inChina. Under such circumstances, although the PRC government atvarious levels have successively introduced a series of policies to supportthe real estate market, the real estate industry is facing unprecedentedsales pressure. Since 2024, ba