新明中国年度报告2022

(Incorporated in the Cayman Islands with limited liability)Stock code2699 CONTENTS目錄 Corporate Information2Chairman’s Statement4Management Discussion and Analysis7Profiles of Directors and Senior Management32Directors’ Report40Corporate Governance Report57Environmental, Social and Governance Report91 Independent Auditors’ Report127Consolidated Statement of Profit or Loss andOther Comprehensive Income130Consolidated Statement of Financial Position131Consolidated Statement of Changes in Equity133Consolidated Statement of Cash Flows134Notes to the Consolidated Financial Statements136Five-Year Financial Summary235 CORPORATE INFORMATION公司資料 董事 DIRECTORSExecutive Directors 執行董事 Mr. Chen Chengshou(Chairman and Chief Executive Officer)Mr. Feng CizhaoMr. Zhou Fenli (appointed on 9 August 2024)Mr. Cao Zhiqiang (appointed on 9 August 2024) 非執行董事 Non-executive Directors Ms. Gao QiaoqinMr. Choi Clifford Wai Hong (resigned on 24 February 2025)Mr. Zhou Zhencun 獨立非執行董事 Independent Non-executive Directors Mr. Khor Khie Liem AlexMr. Chiu Kung ChakMr. Lau Wai Leung, Alfred (resigned on 10 December 2024)Ms. Lee Yin Man (appointed on 9 August 2024)Ms. Huang Chunlian (appointed on 9 August 2024) 審核委員會 AUDIT COMMITTEE Mr. Khor Khie Liem Alex(Chairman)Mr. Chiu Kung ChakMr. Lau Wai Leung, Alfred (resigned on 10 December 2024)Ms. Lee Yin Man (appointed on 9 August 2024)Ms. Huang Chunlian (appointed on 9 August 2024) 薪酬委員會 REMUNERATION COMMITTEE Mr. Khor Khie Liem Alex(Chairman)Mr. Chiu Kung ChakMr. Choi Clifford Wai Hong (resigned on 24 February 2025)Ms. Lee Yin Man (appointed on 9 August 2024)Ms. Huang Chunlian (appointed on 9 August 2024) 提名委員會 NOMINATION COMMITTEE Mr. Chen Chengshou(Chairman)Mr. Khor Khie Liem AlexMr. Chiu Kung ChakMs. Lee Yin Man (appointed on 9 August 2024)Ms. Huang Chunlian (appointed on 9 August 2024) 授權代表 AUTHORIZED REPRESENTATIVES Mr. Kam Chun Ying FrancisMr. Choi Clifford Wai Hong (resigned on 24 February 2025)Mr. Cao Zhiqiang (appointed on 5 March 2025) 公司秘書 COMPANY SECRETARYMr. Kam Chun Ying Francis 註冊辦事處 REGISTERED OFFICE Windward 3, Regatta Office ParkPO Box 1350Grand Cayman KY1-1108Cayman Islands Windward 3, Regatta Office ParkPO Box 1350Grand Cayman KY1-1108Cayman Islands XINMING CHINA HOLDINGS LIMITEDAnnual Report 20222 中國總部 HEADQUARTERS IN THE PRC 55I Block I, 5th FloorHengli BuildingNo. 5 Huang Long Road, HangzhouZhejiang Province, the PRC 香港主要營業地點 PRINCIPAL PLACE OF BUSINESS INHONG KONG 74–767D Unit D, 7/F, Kee Shing Centre74–76 Kimberley RoadTsim Sha Tsui, KowloonHong Kong 公司網址http://www.xinm.com.cn COMPANY’S WEBSITE ADDRESShttp://www.xinm.com.cn 股份過戶登記總處 PRINCIPAL SHARE REGISTRAR ANDTRANSFER OFFICE Ocorian Trust (Cayman) LimitedWindward 3, Regatta Office ParkPO Box 1350Grand Cayman KY1-1108Cayman Islands Ocorian Trust (Cayman) LimitedWindward 3, Regatta Office ParkPO Box 1350Grand Cayman KY1-1108Cayman Islands 香港股份過戶登記處 HONG KONG SHARE REGISTRAR 1617 Tricor Investor Services Limited17/F, Far East Finance Centre16 Harcourt RoadHong Kong 主要往來銀行 PRINCIPAL BANKERS Industrial and Commercial Bank of China, Tengzhou BranchAgricultural Bank of China, Branch of Datong Road, TengzhouChina Construction Bank, Branch of Datong Road, TengzhouAgricultural Bank of China, Taizhou Jiazhi BranchTaizhou Bank, Hongjia Branch 核數師 AUDITOR Global Link CPA LimitedCertified Public Accountants 本公司法律顧問 LEGAL ADVISER TO THE COMPANYJINGTIAN & GONGCHENG LLP 上市資料 LISTING INFORMATION 02699 The Company’s ordinary shares are listed on the Main Board ofThe Stock Exchange of Hong Kong Limited(Stock Code: 02699) CHAIRMAN’S STATEMENT主席報告書 To all shareholders, I hereby announce the annual results of Xinming China HoldingsCompany Limited (the “Company” or “Xinming China”), for the yearended 31 December 2022 (the “Year under Review”), on behalf ofthe board (the “Board”) of directors (the “Director”) of the Company. Looking back at the year 2022, the real estate industry experiencedthe most difficult year, with the real estate market in the doldrums,real estate enterprises under pressure, and a number of real estateenterprises defaulting on their debts or negotiating extensions. Thedownward pressure on China’s macro-economy, the recurrenceof epidemics in various places, the suspension of many realestate projects and other unanticipated factors, coupled with theweakening of medium- and long-term demand for housing, posedunprecedented challenges to the real estate industry. Althoughthe central government has adjusted its demand-side and creditpolicies, the weak income expectations of residents and the wait-and-see sentiment have not yet changed, and the impact of theepidemic will continue for a period of time, so there is pressure onthe real estate market. During the Year under Review, the Group determined to improvethe going concern issue of the Company with practical actions byattempting various methods and actively and closely following thestrategic main line of assets