中骏集团控股中期报告2025

CONTENTS目錄 02Corporate Profile03Corporate Information07Financial Highlights08Management Discussion and Analysis28Disclosure of Interests34Other Information42Interim Consolidated Statement of Profit or Loss and Other Comprehensive Income44Interim Consolidated Statement of Financial Position47Interim Consolidated Statement of Changes in Equity49Interim Condensed Consolidated Statement of Cash Flows51Notes to the Interim Condensed Consolidated Financial Statements CORPORATE PROFILE企業簡介 1966 China SCE Group Holdings Limited (“China SCE”or the“Company”),together with its subsidiaries (collectively, the“Group”), wasestablished in 1996 and with its shares listed on the Main Board ofThe Stock Exchange of Hong Kong Limited (the“Hong Kong StockExchange”) in February 2010 (Stock Code: 1966). The Group’s majorbusinesses include property development, commercial management,property management and long-term rental apartments business. TheCompany is headquartered in Shanghai for its business operations,while implementing regional focused development strategy in theYangtze River Delta Economic Zone, the Guangdong–Hong Kong–Macao Greater Bay Area, the Bohai Rim Economic Zone, the WestTaiwan Strait Economic Zone and the Central Western Region. 56 The Group’s property projects are distributed in 56 cities, includingBeijing, Shanghai, Tianjin, Chongqing, Chengdu, Suzhou, Hangzhou,Nanjing, Zhengzhou, Qingdao, Jinan, Xiamen, Nanchang andKunming, etc. Its products cover a wide range of properties includinghigh-rise residential buildings, offices, shopping malls and long-termrental apartments. The Company upholds“We Build to Inspire”as itskey value proposition,“Creating Smart Living to Help SeizeHappiness”as its mission. 2,334 As at 30 June 2025, the Group together with its joint ventures andassociates owned a land bank with an aggregate planned gross floorarea (“GFA”) of approximately 23.34 million square metres (“sq.m.”).In the future, China SCE will continue to secure the regional leadingposition by implementing more prudent development strategies. CORPORATE INFORMATION企業資料 BOARD OF DIRECTORS 執行董事 Executive Directors Mr. Wong Chiu Yeung(Chairman)Mr. Chen Yuanlai (resigned on 24 January 2025)Mr. Cheng Hiu LokMr. Huang YouquanMs. Zhang Haitao 獨立非執行董事 Independent Non-executive Directors Mr. Ting Leung Huel StephenMr. Dai YiyiMr. Mao Zhenhua COMPANY SECRETARY Mr. Li Siu Po AUTHORISED REPRESENTATIVES Mr. Wong Chiu YeungMr. Li Siu Po AUDIT COMMITTEE Mr. Ting Leung Huel Stephen(Chairman)Mr. Dai YiyiMr. Mao Zhenhua REMUNERATION COMMITTEE Mr. Dai Yiyi(Chairman)Mr. Wong Chiu YeungMr. Ting Leung Huel Stephen CORPORATE INFORMATION企業資料 NOMINATION COMMITTEE Mr. Dai Yiyi(Chairman)(redesignated on 23 June 2025)Mr. Mao ZhenhuaMs. Zhang Haitao (appointed on 23 June 2025)Mr. Wong Chiu Yeung (ceased on 23 June 2025) CORPORATE GOVERNANCE COMMITTEE Mr. Huang Youquan(Chairman)Mr. Ting Leung Huel StephenMr. Mao Zhenhua AUDITOR Prism Hong Kong LimitedCertified Public AccountantsRegistered Public Interest Entity Auditor LEGAL ADVISER AS TO HONG KONG LAWS Chiu & Partners REGISTERED OFFICE Cricket SquareHutchins DriveP.O. Box 2681Grand Cayman, KY1-1111Cayman Islands Cricket SquareHutchins DriveP.O. Box 2681Grand Cayman, KY1-1111Cayman Islands PRINCIPAL PLACE OF BUSINESS AND HEADOFFICE IN THE PRC 16882 SCE TowerNo. 2, Lane 1688, Shenchang RoadHongqiao Business District, ShanghaiChina CORPORATE INFORMATION企業資料 PRINCIPAL PLACE OF BUSINESS IN HONG KONG 39Landmark South 2502-03A Room 2502-03A, Landmark South39 Yip Kan StreetWong Chuk HangHong Kong CAYMAN ISLANDS PRINCIPAL SHAREREGISTRAR AND TRANSFER OFFICE Conyers Trust Company (Cayman) LimitedCricket SquareHutchins DriveP.O. Box 2681Grand Cayman, KY1-1111Cayman Islands Conyers Trust Company (Cayman) LimitedCricket SquareHutchins DriveP.O. Box 2681Grand Cayman, KY1-1111Cayman Islands HONG KONG SHARE REGISTRAR 183171712–1716 Computershare Hong Kong Investor Services LimitedShops 1712–171617/F, Hopewell Centre183 Queen’s Road EastWanchaiHong Kong PRINCIPAL BANKERS Industrial and Commercial Bank of China LimitedAgricultural Bank of China LimitedBank of China LimitedChina Construction Bank CorporationChina Merchants Bank Co., Ltd.Ping An Bank Co., Ltd.Industrial Bank Co., Ltd.Shanghai Pudong Development Bank Co., Ltd.The Hongkong and Shanghai Banking Corporation LimitedHang Seng Bank LimitedBOC Hong Kong (Holdings) LimitedThe Bank of East Asia, Limited CORPORATE INFORMATION企業資料 INVESTOR RELATIONS ir@sce-re.com(852) 2342 6643 Email: ir@sce-re.comFax: (852) 2342 6643 STOCK CODE 1966 The Stock Exchange of Hong Kong Limited: 1966 COMPANY WEBSITE www.sce-re.com www.sce-re.com FINANCIAL HIGHLIGHTS財務摘要 MANAGEMENT DISCUSSION AND ANALYSIS管理層討論及分析 MARKET REVIEW In the first half of 2025, the real estate market continued itsadjustment, with a pronounced divergence in market performance.Sales in first- and strong second-tier cities stabilised, while some third-an