星悦康旅二零二五年中期报告

2025中期報告INTERIM REPORT 公司資料02管理層討論與分析05權益披露33企業管治及其他資料37獨立審閱報告44簡明綜合損益及其他全面收益表 Corporate InformationManagement Discussion and AnalysisDisclosure of InterestsCorporate Governance and Other InformationIndependent Review ReportCondensed Consolidated Statement of Profit or Loss andOther Comprehensive IncomeCondensed Consolidated Statement of Financial PositionCondensed Consolidated Statement of Changes in EquityCondensed Consolidated Statement of Cash FlowsNotes to the Condensed Consolidated Financial Statements 簡明綜合財務狀況表47簡明綜合權益變動表50簡明綜合現金流量表52簡明綜合財務報表附註53 Corporate Information公司資料 董事會 BOARD OF DIRECTORS 執行董事 Executive Directors 王吉人先生（主席）梁金蓉女士 Mr. Wang Jiren(chairman)Ms. Liang Jinrong 非執行董事 Non-executive Directors 阮永曦先生金民豪先生江楠女士 Mr. Ruan YongxiMr. Kam Min Ho AndrewMs. Jiang Nan 獨立非執行董事 Independent non-executive Directors 洪嘉禧先生李子俊醫生王韶先生 Mr. Hung Ka Hai ClementDr. Li ZijunMr. Wang Shao AUDIT COMMITTEE 審核委員會 洪嘉禧先生（主席）李子俊醫生王韶先生 Mr. Hung Ka Hai Clement(chairman)Dr. Li ZijunMr. Wang Shao REMUNERATION COMMITTEE 薪酬委員會 洪嘉禧先生（主席）王吉人先生李子俊醫生王韶先生 Mr. Hung Ka Hai Clement(chairman)Mr. Wang JirenDr. Li ZijunMr. Wang Shao 提名委員會 NOMINATION COMMITTEE 王吉人先生（主席）梁金蓉女士（於二零二五年五月二十九日獲委任）洪嘉禧先生李子俊醫生王韶先生 Mr. Wang Jiren(chairman)Ms. Liang Jinrong (appointed on 29 May 2025)Mr. Hung Ka Hai ClementDr. Li ZijunMr. Wang Shao 公司秘書 COMPANY SECRETARY Ms. Chak Wai Ting 翟慧婷女士 授權代表 AUTHORISED REPRESENTATIVES 王吉人先生翟慧婷女士 Mr. Wang JirenMs. Chak Wai Ting 核數師 AUDITOR 中匯安達會計師事務所有限公司執業會計師註冊公眾利益實體核數師 Zhonghui Anda CPA LimitedCertified Public AccountantsRegistered Public Interest Entity Auditor 公司網址http://www.sjwt.net COMPANY WEBSITEhttp://www.sjwt.net 股份代號3662.HK STOCK CODE3662.HK PRINCIPAL BANKERS 主要往來銀行 招商銀行股份有限公司中國建設銀行交通銀行（香港）有限公司中信銀行中國光大銀行股份有限公司 China Merchants Bank Co., LtdChina Construction BankBank of Communications (Hong Kong) LimitedChina CITIC BankChina Everbright Bank Company Limited 註冊辦事處 REGISTERED OFFICE Cricket SquareHutchins DriveP.O. Box 2681Grand CaymanKY1-1111Cayman Islands Cricket SquareHutchins DriveP.O. Box 2681Grand CaymanKY1-1111Cayman Islands 中國主要營業地點 PRINCIPAL PLACE OF BUSINESS IN PRC 中國廣州市天河區黃埔大道西108號奧園大廈 Aoyuan MansionNo. 108, HuangPu Avenue WestTianhe DistrictGuangzhouPRC Corporate Information公司資料 香港主要營業地點 PRINCIPAL PLACE OF BUSINESS IN HONG KONG Units P02–P05, 11th FloorOne KowloonNo. 1 Wang Yuen StreetKowloon Bay, KowloonHong Kong 香港九龍九龍灣宏遠街1號一號九龍11樓P02–P05室 開曼群島股份過戶登記總處 PRINCIPAL SHARE REGISTRAR ANDTRANSFER OFFICE IN THE CAYMAN ISLANDS Conyers Trust Company (Cayman) LimitedCricket SquareHutchins DriveP.O. Box 2681Grand CaymanKY1-1111Cayman Islands Conyers Trust Company (Cayman) LimitedCricket SquareHutchins DriveP.O. Box 2681Grand CaymanKY1-1111Cayman Islands 香港股份過戶登記分處 HONG KONG BRANCH SHARE REGISTRARAND TRANSFER OFFICE 香港中央證券登記有限公司香港灣仔皇后大道東183號合和中心17樓1712–1716號舖 Computershare Hong Kong Investor Services LimitedShops 1712–1716, 17th Floor, Hopewell Centre183 Queen’s Road EastWanchaiHong Kong Management Discussion and Analysis管理層討論與分析 業務回顧與未來展望 BUSINESS REVIEW AND OUTLOOK 一、業務回顧 I.BUSINESS REVIEW 星悅康旅股份有限公司（「本公司」）及其附屬 公 司（統 稱 為「本 集 團」、「我 們」）為 中華人民共和國（「中國」）知名物業管理服務及商業運營服務供應商，實施多元化服務種類的業務戰略以滿足客戶不斷變化的需求。本集團為住宅及非住宅物業提供多樣化物業管理服務，以及為購物商場的中高端物業及綜合用途物業開發項目提供全方位商業運營服務，打造優質健康的宜居環境及商業經營環境，同時提供全方位及優質的健康生活管理服務。為應對不斷變化的經濟形勢，本集團積極調整發展策略以尋求適合中長期發展的可持續性經營方案。在穩固物業管理及商業運營主營業務的基礎上，積極拓展文旅、康養等新業務，搶抓發展潛力機遇。以「服務、愉悅、和諧」為發展基調，探索優質發展路徑，持續提升企業價值，為本公司股東（「股東」）創造更多利益。 S t a r j o y W e l l n e s s a n d T r a v e l C o m p a n y L i m i t e d ( t h e“Company”) and its subsidiaries (collectively the “Group”,“we”, “our” or “us”) are a renowned property managementservices and commercial operational services provider in thePeople’s Republic of China (“PRC”), implementing a businessstrategy of diversifying service offerings to meet the evolvingneeds of its customers. The Group offers a wide range ofproperty management services for both residential and non-residential properties, as well as comprehensive commercialoperational services for mid-to-high-end shopping mallsand mixed-use property development projects, creatingquality, healthy and livable environments for residents andbusiness operations while providing comprehensive, qualityand healthy life management services. In response to thechanging economic conditions, the Group actively adjustsits development strategy to seek sustainable business planssuitable for medium and long-term development. In additionto consolidating our principal businesses, namely propertymanagement and commercial operations, the Group activelyexpands new businesses such as cultural tourism andhealthcare, seizing opportunities with development potential.With “service, enjoyment, and harmony” as our guidingprinciples, the Group is committed to exploring high-qualitydevelopment path, continuously enhancing our enterprisevalue and creating greater benefits for the shareholders of theCompany (the “Shareholders”). Management Discussion and Analysis管理層討論與分析 一、業務