北京体育文化2025中期报告

INTERIM REPORT20 2 5 BOARD OF DIRECTORS Executive DirectorsMr. Liu Xue Heng(Chairman and Chief Executive Officer)Mr. Lam Ka TakMr. Hou Gongda Non-executive DirectorsMr. Hu YebiMs. Hu Yi Na Independent Non-executive DirectorsMr. Tse Man Kit, KeithMr. Lok Lawrence Yuen MingMr. Xin Luo LinMr. Pan Lihui AUTHORISED REPRESENTATIVES (for the purposes of Listing Rules)Mr. Kwok Yu FungMr. Hu Yebi COMPANY SECRETARYMr. Kwok Yu Fung AUDIT COMMITTEE Mr. Lok Lawrence Yuen Ming(Chairman)Mr. Xin Luo LinMr. Pan Lihui NOMINATION COMMITTEE 2025630 Mr. Pan Lihui(Chairman)Mr. Lok Lawrence Yuen MingMr. Xin Luo LinMs. Hu Yi Na(appointed on 30 June 2025) REMUNERATION COMMITTEE Mr. Lok Lawrence Yuen Ming(Chairman)Mr. Xin Luo LinMr. Pan Lihui REGISTERED OFFICE Cricket Square, Hutchins DriveP.O. Box 2681, Grand Cayman, KY1-1111Cayman Islands Cricket Square, Hutchins DriveP.O. Box 2681, Grand Cayman, KY1-1111Cayman Islands CORPORATE INFORMATION公司資料 HEADQUARTERS Eastern BuildingTennis CentreChaoyang ParkChaoyang DistrictBeijingPRC PRINCIPAL PLACE OF BUSINESS IN HONG KONG 607703 Unit 703, 7/F, Pearl Oriental House60 Stanley StreetCentralHong Kong PRINCIPAL SHARE REGISTRAR AND TRANSFER OFFICE Conyers Trust Company (Cayman) LimitedCricket Square, Hutchins DriveP.O. Box 2681, Grand Cayman, KY1-1111Cayman Islands Conyers Trust Company (Cayman) LimitedCricket Square, Hutchins DriveP.O. Box 2681, Grand Cayman, KY1-1111Cayman Islands HONG KONG BRANCH SHARE REGISTRAR 1617 Tricor Investor Services Limited17/F, Far East Finance Centre16 Harcourt RoadHong Kong INDEPENDENT AUDITOR Moore CPA LimitedRegistered Public Interest Entity Auditor www.bsehk.com WEBSITEwww.bsehk.com PRINCIPAL BANKERS (IN ALPHABETICAL ORDER) Bank of Communications Co., Ltd. Hong Kong BranchShanghai Commercial Bank Ltd.Shanghai Pudong Development Bank Co., Ltd. STOCK CODE 18032,500 The Stock Exchange of Hong Kong Limited: 1803Board lot: 2,500 shares MANAGEMENT DISCUSSION AND ANALYSIS管理層討論及分析 20256302025 The board (the “Board”) of directors (the “Director(s)”) of Beijing Sports andEntertainment Industry Group Limited (the “Company”) is pleased to presentthe 2025 interim report and the unaudited condensed consolidated financialstatements of the Company and its subsidiaries (collectively referred as the“Group”) for the six-month period ended 30 June 2025 (the “Current Period”). BUSINESS REVIEW AND OUTLOOK 70.41.621.0202463054.710.214.2 During the Current Period, the Group recorded total revenue of HK$70.4 millionas compared with HK$54.7 million in the six-month period ended 30 June 2024(the “Corresponding Period”), a gross profit of HK$1.6 million as comparedwith HK$10.2 million in the Corresponding Period and a net loss of HK$21.0million as compared with HK$14.2 million in the Corresponding Period. Sports and Entertainment Business (i)(ii)(iii)(iv)(v) The Group is principally engaged in the Sports and Entertainment Business.MetaSpace (Beijing) Air Dome Corp.* (“MetaSpace”), a non-wholly ownedsubsidiary of the Company, is a leading integrated service provider in the PRCfocusing on construction, operation and management of air-dome facilities. Theseair domes can be widely applied in scopes including but not limited to: (i) sports,(ii) commercial and cultural tourism, (iii) industrial and environmental protection,(iv) agricultural warehousing, and (v) highland oxygen enrichment. MANAGEMENT DISCUSSION AND ANALYSIS管理層討論及分析 5 The Group has set up a world-leading dome manufacturing centre in Huzhou,Zhejiang Province, with an annual processing capacity of over 5 million squaremetres. The production team formulates customised manufacturing processesaccording to customers’ demands and individual circumstances, factoring insophisticated control throughout the entire production in order to create anefficient and safe environment for delivering domes with high stability and superbquality while enabling swift installation without hampering the standard. On onehand, through competitive negotiations and tenders, MetaSpace actively utilisesits own technical advantages and professional competences to provide customerswith comprehensive solutions. While establishing nationwide sales channels anddiversifying its success cases, the company manages to increase market share, andconvinces customers to recognise and accept its products and services. On theother hand, MetaSpace pursues market expansion through various professionalexhibitions such as sports expos and logistics expos, establishes the MetaSpacebrand within the industry, and enhances the market awareness of the domestructure technology. Besides promoting MetaSpace’s technical advantagesthrough professional exhibitions, forums, and other forms, the company entersinto collaboration with various partners on promoting the application of thedome structure technology in target industries. Meanwhile, MetaSpace willactively seek opportunities for its business expansion to other Asian countries. 2025