汇景控股中期报告2024

CONTENTS 2Corporate Information6Management Discussion and Analysis24Other Information39Interim Condensed Consolidated Statement of Profit or Loss40Interim Condensed Consolidated Statement of Comprehensive Income41Interim Condensed Consolidated Statement of Financial Position43Interim Condensed Consolidated Statement of Changes in Equity45Interim Condensed Consolidated Statement of Cash Flows47Notes to Interim Condensed Consolidated Financial Information CORPORATE INFORMATION NON-EXECUTIVE DIRECTORMr Lun Ruixiang(Chairman) EXECUTIVE DIRECTORS Mr Lun Zhao Ming(Chief Executive Officer)Mr Lu PeijunMr Luo Chengyu INDEPENDENT NON-EXECUTIVE DIRECTORS Mr Chan Kin ManMs Ou NingxinMr Chen Guilin AUDIT COMMITTEE Mr Chan Kin Man(Chairman)Ms Ou NingxinMr Chen Guilin NOMINATION COMMITTEE Mr Lun Ruixiang(Chairman)Ms Ou NingxinMr Chen Guilin REMUNERATION COMMITTEE Mr Chen Guilin(Chairman)Mr Lun RuixiangMs Ou Ningxin COMPANY SECRETARYMs Tang So Him CORPORATE INFORMATION AUTHORIZED REPRESENTATIVES Mr Lun Zhao MingMs Tang So Him REGISTERED OFFICE Cricket Square, Hutchins DriveP.O. Box 2681Grand Cayman, KY1-1111Cayman Islands Cricket Square, Hutchins DriveP.O. Box 2681Grand Cayman, KY1-1111Cayman Islands PRINCIPAL PLACE OF BUSINESS ANDHEAD OFFICE IN THE PRC 1 1, Beihuan Lu, HoujiezhenDongguan, GuangdongPRC PRINCIPAL PLACE OF BUSINESS IN HONG KONG 23191907 Office No. 1907, 19th FloorGreat Eagle CentreNo. 23 Harbour RoadHong Kong PRINCIPAL SHARE REGISTRAR Conyers Trust Company (Cayman) LimitedCricket Square, Hutchins DriveP.O. Box 2681Grand Cayman, KY1-1111Cayman Islands Conyers Trust Company (Cayman) LimitedCricket Square, Hutchins DriveP.O. Box 2681Grand Cayman, KY1-1111Cayman Islands HONG KONG BRANCH SHARE REGISTRAR 1617 Tricor Investor Services Limited17/FFar East Finance Centre16 Harcourt RoadHong Kong AUDITOR Prism Hong Kong and Shanghai LimitedRegistered Public Interest Entity Auditor CORPORATE INFORMATION LEGAL ADVISERS As to Hong Kong law:YTL LLP PRINCIPAL BANKS Hang Seng BankDongguan Rural Commercial Bank Houjie BranchICBC Dongguan Houjie BranchChina Construction Bank Dongguan Houjie Branch COMPANY WEBSITE 2024630 The board of directors (the “Board” or each of the directors, the “Director” and collectively the “Directors”) ofHuijing Holdings Company Limited (the “Company”) announces the unaudited consolidated interim results ofthe Company and its subsidiaries (the “Group”) for the six months ended 30 June2024. MANAGEMENT DISCUSSION AND ANALYSIS GENERAL OVERVIEW 2023 As a major part of the macro economy in China, real estate has experienceda change of deep adjustment in 2023. The Chinese government willcontinue to adhere to the keynote policy of“houses for living in and not forspeculative investment as well as implementing city-specific policies ()”to achieve the targets of“three stabilities ()”of“stabilising land prices ()”,“stabilising housing prices ()”and“stabilising expectations ()”, thereby promoting the positivecycle and healthy development of the real estate market. Under the new economic and policy environment, the Group hasmaintained a stable development momentum. Based on the mission of“maintaining foothold in the Greater Bay Area, penetrating into Dongguan,and sustaining coverage of high value-added cities in the Southern, Centraland Eastern China ()”, the Group will maintain the business model of“focusingon residential development projects, while taking the urban renewalprojects as the core, as well as the cultural and tourism-healthy living townsand the scientific and innovative technologies industrial towns as the twowings ()”which constitute its“one focus, one core, and twowings ()”blueprint. This will enhance the corecompetitiveness and the capacity of sustainable development of theGroup. BUSINESS REVIEW 202463034.346.2% The Group derives its revenue primarily from sales of properties and, to alesser extent, leasing of investment properties. Due to the gradualstabilization of real estate policies in the PRC and the proactive measurestaken by the Company to cope with the change of market environment,for the six months ended 30 June 2024, the Group recorded a total revenueof approximately RMB34.3 million, representing a period-on-periodincrease of approximately 46.2%. Contracted sales 2024630(i)77.7202363053.9%(ii)6,530202363036.4% For the six months ended 30 June 2024, the Group together with the jointventures recorded (i) contracted sales of approximately RMB77.7 million,representing a decrease of approximately 53.9% as compared to the periodfor the six months ended 30 June 2023; and (ii) contracted gross floor area(“GFA”) sold of approximately 6,530 sq.m., representing a decrease ofapproximately 36.4% as compared to the period for the six months ended30 June 2023. MANAGEMENT DISCUSSION AND ANALYSIS Sales of properties 202463091.8%18.253.1%20246302,779202325.6%6,554157.9% For the six months ended 30 June 2024, the revenue from sales ofproperties r