开源控股年报 2024

(Incorporated in Bermuda with limited liability)()(Stock Code: 1215)(Incorporated in Bermuda with limited liability)()(Stock Code: 1215) CONTENTS目錄 2-34-56-1314-1617-3839-5455-5960-7172-78798081-828384-8586-175176 Corporate InformationCEO’s StatementManagement Discussion and AnalysisDirectors’ ProfileCorporate Governance ReportEnvironmental, Social and Governance ReportRisk Management and Internal Control ReportDirectors’ ReportIndependent Auditors’ ReportConsolidated Statement of Profit or LossConsolidated Statement of Comprehensive IncomeConsolidated Statement of Financial PositionConsolidated Statement of Changes in EquityConsolidated Statement of Cash FlowsNotes to the Financial StatementsFive Year Financial Summary 公司資料 董事會執行董事 BOARD OF DIRECTORSExecutive DirectorsMr. Xue Jian(Chief Executive Officer)Mr. Law Wing Chi, Stephen 獨立非執行董事 Independent non-executive Directors Mr. Tam Sun WingMr. Ng Ge BunMr. He YiMs. Kwok Pui Ha 審核委員會 AUDIT COMMITTEE Mr. Tam Sun Wing(Chairman)Mr. Ng Ge BunMr. He YiMs. Kwok Pui Ha 薪酬委員會 REMUNERATION COMMITTEE Mr. Tam Sun Wing(Chairman)Mr. Law Wing Chi, StephenMr. He YiMr. Ng Ge BunMs. Kwok Pui Ha 提名委員會 NOMINATION COMMITTEE Mr. Ng Ge Bun(Chairman)Mr. Law Wing Chi, StephenMr. He YiMr. Tam Sun WingMs. Kwok Pui Ha COMPANY SECRETARYMr. Law Wing Chi, Stephen 公司秘書 股份代號1215 STOCK CODE1215 網址www.kaiyuanholdings.com WEBSITEwww.kaiyuanholdings.com 主要股份過戶登記處 PRINCIPAL REGISTRAR Conyers Corporate Services (Bermuda) LimitedClarendon House2 Church StreetHamilton HM 11Bermuda Conyers Corporate Services (Bermuda) LimitedClarendon House2 Church StreetHamilton HM 11Bermuda CORPORATE INFORMATION公司資料 股份過戶登記處 SHARE REGISTRAR 1617 Tricor Investor Services Limited17th Floor, Far East Finance Centre16 Harcourt RoadHong Kong 註冊辦事處 REGISTERED OFFICE Clarendon House2 Church StreetHamilton HM 11Bermuda Clarendon House2 Church StreetHamilton HM 11Bermuda 香港主要辦事處17828 PRINCIPAL OFFICE IN HONG KONG28th Floor, Chinachem Century Tower178 Gloucester Road, WanchaiHong Kong 核數師 AUDITORS 97927 Ernst & YoungCertified Public Accountants27th Floor, One Taikoo Place979 King’s Road, Quarry BayHong Kong SOLICITORS 律師 1544 K&L Gates44th Floor, Edinburgh TowerThe Landmark15 Queen’s Road CentralHong Kong 主要往來銀行 PRINCIPAL BANKER The Hong Kong & Shanghai Banking Corporation Limited 行政總裁報告書 On behalf of the board (the “Board”) of directors (the “Directors”) of KaiYuan Holdings Limited (the “Company”) together with its subsidiaries(collectively referred to as the “Group” or “Kai Yuan”), I now present theresults of the Group for the year ended 31 December 2024 (the “Year”),together with the comparative figures for the year ended 31 December2023 (the “Preceding Year”). 35,800,0002,400,000iParis Marriott HotelChamps-ElyseesParis Marriott Hotel323,500,00086,700,000293,600,00070,500,000ii12,000,000iii8,200,00013,200,0003,300,000 The Group recorded the profit of approximately HK$35.8 million for theYear, a turnaround from the loss of approximately HK$2.4 million for thePreceding Year. The turnaround from loss to profit during the Year wasmainly attributable to i) the increase in the Group’s revenue and grossprofit contributed by the Paris Marriott Hotel Champs-Elysees (“ParisMarriott Hotel”) to approximately HK$323.5 million and approximatelyHK$86.7 million, respectively for the Year (2023: revenue of approximatelyHK$293.6 million and gross profit of approximately HK$70.5 million,respectively); ii) the reversal of the provision for an impairment on theConvertible Bonds subscribed by the Group of approximately HK$12.0million resulted from the full repayment of the outstanding ConvertibleBonds principal and accrued interests during the Year; iii) the absenceof provision for impairment of a loan to an associate for the Year (2023:approximately HK$8.2 million); but partially offset by, among other things,the provision of income tax of approximately HK$13.2 million (2023:approximately HK$3.3 million). 酒店經營 HOTEL OPERATION 323,500,000293,600,00010.2%Paris Marriott Hotel21,600,0009,000,000 The Group recorded the revenue of approximately HK$323.5 million fromthe hotel operation segment, representing an increase of approximately10.2%, from the approximately HK$293.6 million for the Preceding Year.The increase in revenue of the hotel operation segment for the Yearwas mainly attributable to the increase in revenue contributed by theParis Marriott Hotel. The Company recorded the profit of approximatelyHK$21.6 million in this segment for the Year, as compared to the profit ofapproximately HK$9.0 million for the Preceding Year. 於聯營公司之權益 INTERESTS IN AN ASSOCIATE 8,200,000 During the Year, the Company did not record any provision forimpairment on the loan to the associate (2023: provision for impairmentof approximately HK$8.2 million). CEO’S STATEMENT行政總裁報告書 可換股債券 CONVERTIBLE BONDS 6,500,0007,800,000 Reference is also made to the announcement of the Company dated20 December 2024, t