十方控股2023/24年年报

CORPORATE INFORMATION DIRECTORS Executive DirectorsMr. Chen Zhi(Chairman & Chief Executive Officer)Mr. Chen Ye (redesignated from Non-executive Directoras on 2023.06.30)Mr. Yu Shiquan (retired as on 2023.06.30)Mr. Wang Xu (appointed as on 2023.01.09 andretired as on 2023.06.30) Non-executive DirectorsMs. Wang Bao Zhu (appointed as on 2023.06.30)Mr. Chen Ye (appointed as on 2023.01.09 andredesignated to Executive Director as on 2023.06.30)Ms. Chen Min (retired as on 2023.06.30)Mr. Chen Wei Dong (resigned as on 2023.01.09) Mr. Chai Chung Wai (appointed as on 2023.06.30)Mr. Mao Xiangyun (appointed as on 2023.01.09)Mr. Wei Hong (appointed as on 2023.01.09)Mr. Wong Heung Ming, Henry (resigned as on 2023.04.19)Mr. Zhou Chang Ren (resigned as on 2023.01.09)Mr. Cai Jian Quan (resigned as on 2023.01.09) COMPANY SECRETARY Mr. Pang Wai Hong (appointed as on 2023.08.04)Ms. Chan Ching Yi (resigned as on 2023.07.24) AUTHORISED REPRESENTATIVES Mr. Chen ZhiMr. Chen Ye CORPORATE INFORMATION AUDIT COMMITTEE Mr. Chai Chung Wai(Chairman)(appointed as on 2023.06.30)Mr. Mao Xiangyun (appointed as on 2023.01.09)Mr. Wei Hong (appointed as on 2023.01.09)Mr. Wong Heung Ming, Henry (resigned as on 2023.04.19)Mr. Zhou Chang Ren (resigned with effect from 2023.01.09)Mr. Cai Jian Quan (resigned with effect from 2023.01.09) REMUNERATION COMMITTEE Mr. Wei Hong(Chairman)(appointed as on 2023.01.09)Mr. Chen ZhiMr. Chai Chung Wai (appointed as on 2023.06.30)Mr. Mao Xiangyun (appointed as on 2023.01.09)Mr. Wong Heung Ming, Henry (resigned as on 2023.04.19)Mr. Zhou Chang Ren (resigned as on 2023.01.09) NOMINATION COMMITTEE Mr. Chen Zhi(Chairman)Mr. Chai Chung Wai (appointed as on 2023.06.30)Mr. Mao Xiangyun (appointed as on 2023.01.09)Mr. Wei Hong (appointed as on 2023.01.09)Mr. Wong Heung Ming, Henry (resigned as on 2023.04.19)Mr. Cai Jian Quan (resigned as on 2023.01.09) REGISTERED OFFICE Clarendon House, 2 Church StreetHamilton HM 11Bermuda Clarendon House, 2 Church StreetHamilton HM 11Bermuda HEADQUARTERSAND PRINCIPAL PLACE OFBUSINESS IN THE PRC 1216 6/F, Hua Fu MansionNo. 121 Gutian RoadGulou DistrictFuzhou, Fujian Province, PRC CORPORATE INFORMATION PLACE OF BUSINESS IN HONG KONG 164-1664B Room B, 4th Floor, Hennessy Plaza,164-166 Hennessy Road,Wanchai, Hong Kong LEGAL ADVISORSAs to PRC law:Beijing P.H. Law Firm As to Bermuda law:Conyers, Dill & Pearman INDEPENDENT AUDITOR 8191903-1905 Prism Hong Kong Limited,Certified Public AccountantsUnits 1903-1905, 19/F,8 Observatory Road,Tsim Sha Tsui, Hong Kong HONGKONG BRANCH SHARE REGISTRARAND TRANSFER OFFICE 1617 Tricor Investor Services Limited17/F., Far East Finance Centre16 Harcourt Road,Hong Kong PRINCIPAL BANKERSChina Construction Bank Co., LimitedChina Merchants Bank Co., Limited STOCK CODE01831 01831 http://www.shifangholding.com COMPANY WEBSITEhttp://www.shifangholding.com FINANCIAL HIGHLIGHTS AND SUMMARY Total assetsTotal debtTotal liabilitiesEquity attributable to:(i)Owners of the Company(i)(ii)Non-controlling interests(ii) FINANCIAL HIGHLIGHTS AND SUMMARY Notes: (1)Return on equity is calculated based on loss for the year divided bytotal equity.(2)Return on assets is calculated based on loss for the year divided bytotal assets. CHAIRMAN’S STATEMENT Accordingto the data published by the National Bureau ofStatistics on 15 September 2024, upon preliminary calculation,China’s gross domestic product (GDP) amounted to RMB61,683.6billion in the first half year, representing a year-on-year growthof5.0%at constant prices.When observing from a globalperspective, the GDP growth rate in the first quarter exceededthosein the United States,the Eurozone,Japan and othercountries. Taking into account the domestic and foreign situationin the second quarter, it is expected that China’s economic growthrate will continue its forefront position and remain an importantengine of global economic growth and a stabilising force in thefirst half year. 15GDP616,8365.0%GDP On a quarterly basis, the GDP grew by 5.3% in the first quarterand 4.7% in the second quarter. On a quarter-on-quarter basis,the GDP grew by 0.7% in the second quarter. GDP5.3%4.7%GDP0.7% 4.0%14,9783632.5%6.0%4.6% The service sector continued its recovery. In the first half year,the added value of the agriculture industry (plantation industry)increasedby 4.0%year-on-year.Total national summer grainproductionamounted to 149.78 million tonnes,up by 3.63million tonnes or 2.5% over the previous year. The added value ofindustries above the designated size in China increased by 6.0%year-on-year, and the added value of the service sector increasedby 4.6% year-on-year. Marketsales maintained their growth and the scale of fixedassetinvestments expanded.In the first half year,total retailsalesof social consumer goods amounted to RMB23,596.9billion,representing a year-on-year increase of 3.7%.Nationalfixedasset investments(excluding farmers)were RMB24,539.1billion, representing a year-on-year increase of