兆邦基生活二零二四/二五年中期报告

CONTENTS Corporate Information2Management Discussion and Analysis5Other Information11Interim Condensed Consolidated Statement of Profit orLoss and Other Comprehensive Income16Interim Condensed Consolidated Statement of FinancialPosition18Interim Condensed Consolidated Statement of Changesin Equity20Interim Condensed Consolidated Cash Flow Statement21Notes to the Interim Condensed Consolidated FinancialInformation22 Corporate Information BOARD OF DIRECTORS Executive DirectorsMr. Xu Chujia(Chairman)Mr. Xu ZhicongMs. Zhang YuMr. Xu Chusheng(resigned with effect from 31 October 2024)Mr. Yin Ying Cai(appointed with effect from 4 June 2024 andresigned with effect from 30 October 2024)Mr. Kwan Kin Man Keith(resigned with effect from 4 June 2024) () Non-executive DirectorMs. Tsim Ying Wah Independent Non-executive DirectorsMr. Hui Chin Tong GodfreyMr. Ye LongfeiMr. Yu Chor On AUDIT COMMITTEE Mr. Yu Chor On(Chairman)Mr. Hui Chin Tong GodfreyMr. Ye Longfei REMUNERATION COMMITTEE Mr. Hui Chin Tong Godfrey(Chairman)Mr. Ye LongfeiMs. Tsim Ying Wah NOMINATION COMMITTEE Mr. Ye Longfei(Chairman)Mr. Yu Chor OnMs. Tsim Ying Wah INVESTMENT COMMITTEE Mr. Xu Chujia(Chairman)Ms. Tsim Ying Wah COMPANY SECRETARYMr. Kwan Kin Man Keith LEGAL ADVISERSAs to Hong Kong law:LI & PARTNERS AUTHORISED REPRESENTATIVES Mr. Kwan Kin Man KeithMs. Tsim Ying Wah PRINCIPAL SHARE REGISTRAR AND TRANSFEROFFICE Maples Fund Services (Cayman) LimitedP.O. Box 1093Boundary Hall, Cricket Square KY1-1102Cayman Islands Maples Fund Services (Cayman) LimitedP.O. Box 1093Boundary Hall, Cricket Square KY1-1102Cayman Islands HONG KONG SHARE REGISTRAR AND TRANSFEROFFICE 1617 Tricor Investor Services LimitedLevel 17, Far East Finance Centre16 Harcourt RoadHong Kong Corporate Information PRINCIPAL BANKERChiyu Banking Corporation Limited REGISTERED OFFICE Maples Corporate Services LimitedP.O. Box 309Ugland HouseGrand CaymanKY1-1104Cayman Islands Maples Corporate Services LimitedP.O. Box 309Ugland HouseGrand CaymanKY1-1104Cayman Islands HEAD OFFICE AND PRINCIPAL PLACE OFBUSINESS 168–2001113–15 Unit 13–15, 11/FChina Merchants Tower, Shun Tak Centre168–200 Connaught Road CentralHong Kong 1660 STOCK CODE1660 www.szzhaobangji.com WEBSITEwww.szzhaobangji.com Management Discussion and Analysis管 理 層 討 論 及 分 析 BUSINESS REVIEW AND MARKET PROSPECT Zhaobangji Lifestyle Holdings Limited (the “Company”, together withits subsidiaries, the (“Group”) is principally engaged in the tradingof machinery and spare parts, leasing of machinery and provision ofrelated services, provision of transportation services and money lendingin Hong Kong, and provision of property management services, leasingof machinery, property leasing and subletting, and money lending in thePeople’s Republic of China (the “PRC”). During the six months ended 30 September 2024 (the “Period”), theoverall market conditions in Hong Kong and the PRC were challengingas affected by the higher interest rate environment, a stagnant real-estate market and geo-political tensions. The Group will continueto employ low leverage to weather these difficult conditions. TheBoard believes that the long-term prospect of the Greater Bay Areawill continue to be positive driven by robust demand from a sizablepopulation and friendly policies from the government. FINANCIAL REVIEW Revenue 153.042.227.5%110.8i)ii Our total revenue decreased by approximately HK$42.2 million, orapproximately 27.5%, from approximately HK$153.0 million for thesix months ended 30 September 2023 (the “Previous Period”) toapproximately HK$110.8 million for the Period. Such decrease wasmainly due to: i) more conservative approach to acquiring new businessin real estate related leasing and trading segment; and ii) reductionin income from the retail arcade business in Shenzhen following thenormalization of consumer spending pattern after the rebound from therelaxation of COVID measures last year. Leasing of construction machinery 45.615.433.8%30.2 Our Group’s revenue generated from leasing of constructionmachinery recorded a decrease by approximately HK$15.4 million,or approximately 33.8%, from approximately HK$45.6 million for thePrevious Period to approximately HK$30.2 million for the Period. Suchdecrease was mainly due to the poor performance of the real estatemarket in Hong Kong and Mainland China so the Group took a moreconservative approach in acquiring new business. Management Discussion and Analysis Trading of construction machinery 15.712.881.7%2.9 Our Group’s revenue generated from trading of constructionmachinery recorded a decrease by approximately HK$12.8 million,or approximately 81.7%, from approximately HK$15.7 million for thePrevious Period to approximately HK$2.9 million for the Period. Suchdecrease was due to the slower real estate market and therefore therewere less demand for new construction machinery. Property management services 28.715.955.3%44.6 Our Group’s revenue generated from property ma