瑞尔集团2024/2025中期报告

(Incorporated in the British Virgin Islands with limited liabilityand continued in the Cayman Islands) Interim Report中 期 報 告 Company Profile 199911.020249301512311211 We are a leading dental services provider in the premium privatedental service market in China. Founded in 1999, we have servedapproximately 11.0 million patient visits in the past ten years, and havebeen instrumental in raising public awareness and driving consumerrecognition of the importance of dental care and good oral hygienein China. Our network of dental clinics and hospitals provides awide array of dental healthcare services across China. We adopt adual-brand strategy through our “Arrail Dental” and “Rytime Dental”brands to serve customers of different economic and geographicbackgrounds. Through decades of commitment and service in thedental healthcare industry, we have earned the trust of our patients,and have successfully established an extensive presence in China. Asof September 30, 2024, we had a total of 123 stores, including 112dental clinics and 11 hospitals in 15 cities across China. Our mission is to give each of our patients a healthy and confidentsmile, and our vision is to become a world-leading dental group. (i)(ii)(iii) We offer a diverse range of professional, personalized dental servicesspanning (i) general dentistry; (ii) orthodontics; and (iii) implantology.Through decades of commitment and endeavors in the dentalhealthcare industry, we have earned the trust of our patients. Corporate Information2Financial and Business Highlights5Management Discussion and Analysis7Corporate Governance and Other Information35Report on Review of Interim Financial Information50Interim Condensed Consolidated Income Statement52Interim Condensed Consolidated Statement ofComprehensive (Loss)/Income54Interim Condensed Consolidated Balance Sheet55Interim Condensed Consolidated Statement of Changesin Equity57Interim Condensed Consolidated Statement of Cash Flows59Notes to the Interim Condensed ConsolidatedFinancial Information61Definitions and Glossary of Technical Terms105 Corporate Information BOARD OF DIRECTORS Executive Directors Mr. ZOU Qifang () (Chairman)Mr. ZHANG Jincai ()Ms. XIN Qin Jessie (retired on September 26, 2024) 20249 26 Independent Non-executive Directors Ms. LIU Xiaomei MichelleMr. SUN Jian ()Mr. ZHANG Bang () AUDIT COMMITTEE Mr. ZHANG Bang () (Chairman)Ms. LIU Xiaomei MichelleMr. SUN Jian () REMUNERATION COMMITTEE Mr. SUN Jian () (Chairman)Ms. LIU Xiaomei MichelleMr. ZHANG Bang () NOMINATION COMMITTEE Mr. SUN Jian () (Chairman)Ms. LIU Xiaomei MichelleMr. ZHANG Bang () AUTHORISED REPRESENTATIVES FCG (CS, CGP), HKFCG(CS, CGP)20249 2620249 26 Ms. AU Wai Ching () FCG (CS, CGP), HKFCG (CS, CGP) Mr. ZOU Qifang () (appointed on September 26, 2024)Ms. XIN Qin Jessie (ceased on September 26, 2024) COMPANY SECRETARY FCG (CS, CGP), HKFCG(CS, CGP) Ms. AU Wai Ching () FCG (CS, CGP), HKFCG (CS, CGP) REGISTERED OFFICE Harneys Fiduciary (Cayman) Limited4th Floor, Harbour Place103 South Church StreetP.O. Box 10240Grand Cayman KY1-1002Cayman Islands Harneys Fiduciary (Cayman) Limited4th Floor, Harbour Place103 South Church StreetP.O. Box 10240Grand Cayman KY1-1002Cayman Islands HEAD OFFICE AND PRINCIPAL PLACE OF BUSINESS IN THE PRC 36A10 10F, Building AGemdale Matrix CenterNo. 36, Louzizhuang RoadChaoyang DistrictBeijing, the PRC PRINCIPAL PLACE OF BUSINESS IN HONG KONG 24840 40/F, Dah Sing Financial Centre248 Queen’s Road EastWanchaiHong Kong PRINCIPAL SHARE REGISTRAR AND TRANSFER OFFICE Harneys Fiduciary (Cayman) Limited4th Floor, Harbour Place103 South Church StreetP.O. Box 10240Grand Cayman KY1-1002Cayman Islands Harneys Fiduciary (Cayman) Limited4th Floor, Harbour Place103 South Church StreetP.O. Box 10240Grand Cayman KY1-1002Cayman Islands HONG KONG BRANCH SHARE REGISTRAR 183171712-1716 Computershare Hong Kong Investor Services LimitedShops 1712-171617th Floor, Hopewell Centre183 Queen’s Road EastWanchaiHong Kong HONG KONG LEGAL ADVISOR 1526 Kirkland & Ellis26th Floor, Gloucester TowerThe Landmark15 Queen’s Road CentralCentralHong Kong AUDITOR 22 PricewaterhouseCoopersCertified Public Accountants andRegistered Public Interest Entity Auditor22/F, Prince’s BuildingCentralHong Kong STOCK CODE 6639 6639 www.arrailgroup.com COMPANY’S WEBSITE www.arrailgroup.com 20223 22 LISTING DATE March 22, 2022 PRINCIPAL BANKS 51 The Hongkong and Shanghai Banking Corporation Limited(Beijing Branch)1F, Fortune Financial Center5 Dongsanhuan Zhong RoadChaoyang DistrictBeijing, the PRC 88 Shanghai Pudong Development Bank (Jingan Branch)88 Shimen Second RoadJingan DistrictShanghai, the PRC 5128 The Bank of East Asia (China) Limited, Beijing Branch28/F, BEA Tower, Building 15 Guanghua RoadChaoyang DistrictBeijing, the PRC Our business achieved continuous and steady growth,realizing profitability for two consecutive years 934Dentists Revenue and total patient visits kept growing and aprofit was