华人置业截至二零二五年六月三十日止六个月之中期报告

1 Corporate Information Results 3571011 Condensed Consolidated Statement of Comprehensive IncomeCondensed Consolidated Statement of Financial PositionCondensed Consolidated Statement of Changes in EquityCondensed Consolidated Statement of Cash FlowsNotes to the Condensed Consolidated Financial Statements 47 56 59 61 63 13.51B(1)13.51(2)63 63 Should there be any discrepancy between the English and Chinese versions, the English version shall prevail. CORPORATE INFORMATION DirectorsExecutive Directors: Chan, Hoi-wan(Chief Executive Officer)Chan, Lok-wan Non-executive Directors:Lau, Ming-wai(Chairman)Amy Lau, Yuk-wai Independent Non-executive Directors:Chan, Kwok-waiLeung, Yun-faiMa, Tsz-chun Audit CommitteeChan, Kwok-wai(Chairman)Leung, Yun-faiMa, Tsz-chun Investment CommitteeChan, Hoi-wan(Chairman)Chan, Lok-wan(Chief Investment Officer)Chan, Kwok-waiLeung, Yun-faiMa, Tsz-chun * Nomination CommitteeMa, Tsz-chun(Chairman)Chan, Hoi-wan*Chan, Kwok-waiLeung, Yun-fai Remuneration CommitteeChan, Kwok-wai(Chairman)Leung, Yun-faiMa, Tsz-chun Company SecretaryMak, Kai-yee Authorised RepresentativesChan, Hoi-wanMak, Kai-yee Solicitors(Listed in alphabetical order)K&L GatesKing & Wood MallesonsS.Y. Wong & Co. Independent AuditorsHLB Hodgson Impey Cheng Limited Bankers(Listed in alphabetical order) DBS Bank (Hong Kong) LimitedIndustrial and Commercial Bank of China (Asia) LimitedOCBC Bank (Hong Kong) LimitedThe Bank of East Asia, Limited, London Branch * *Appointed on 30 June 2025 CORPORATE INFORMATION(continued) Place of IncorporationBermuda Victoria Place, 5th Floor31 Victoria StreetHamilton HM 10Bermuda Registered OfficeVictoria Place, 5th Floor31 Victoria StreetHamilton HM 10Bermuda 31121 Principal Office in Hong Kong21st Floor, Chubb Tower, Windsor House311 Gloucester RoadCauseway Bay, Hong Kong Appleby Global Corporate Services (Bermuda) LimitedCanon’s Court22 Victoria StreetPO Box HM 1179Hamilton HM EXBermuda Principal Registrar and Transfer OfficeAppleby Global Corporate Services (Bermuda) LimitedCanon’s Court22 Victoria StreetPO Box HM 1179Hamilton HM EXBermuda 1831717121716(852) 2862 8555(852) 2865 0990/(852) 2529 6087 Branch Registrar and Transfer Office in Hong KongComputershare Hong Kong Investor Services Limited Shops 1712-171617th Floor, Hopewell Centre183 Queen’s Road EastWanchai, Hong KongTel:(852) 2862 8555Fax:(852) 2865 0990/(852) 2529 6087 Office in the People’s Republic of ChinaRoom 1003, 10th Floor, Oriental PlaceNo. 9 East Dongfang RoadNorth Dongsanhuan RoadChaoyang District, Beijing, PRCPost Code: 100027Tel:(8610) 6466 0638Fax:(8610) 6466 0238 9101003100027(8610) 6466 0638(8610) 6466 0238 https://www.chineseestates.com Websitehttps://www.chineseestates.com 127 Stock Code127 500 Board Lot500 shares (852) 2866 6999(852) 2866 2822/(852) 2866 2833investor.relations@chineseestates.com Investor RelationsFor enquiries relating to investor relations, please contact: Tel:(852) 2866 6999Fax:(852) 2866 2822/(852) 2866 2833E-mail:investor.relations@chineseestates.com RESULTS The board of directors (the “Board”) of Chinese Estates HoldingsLimited(the“Company”)would like to announce the unauditedconsolidatedinterim results of the Company and its subsidiaries(together, the “Group”) for the six months ended 30 June 2025 (the“Period”) together with the comparative figures for the correspondingperiod in 2024:- Chinese Estates Holdings Limited– CONDENSED CONSOLIDATED STATEMENT OFCOMPREHENSIVE INCOME Current assets Stock of propertiesFinancial assets measured at fair valuethrough profit or lossAdvances to investee companiesInventoriesDebtors, deposits, other receivables andprepaymentsSecurities trading receivables and depositsTax recoverablePledged depositsTime deposits, bank balances and cash Current liabilitiesCreditors and accruals CONDENSED CONSOLIDATED STATEMENT OFCHANGES IN EQUITY(continued) For the six months ended 30 June 2025 Notes: (i)100% (i)Thecontribution reserve represented the excess amount paid byMs. Chan Hoi-wan, who is a trustee of substantial shareholders of theCompany (“Trustee of Substantial Shareholders”), as the purchaserin relation to the Group’s disposals of debt securities in 2020, at theconsideration of 100% of principal amount over the prevailing marketbid price of the debt securities disposed of was directly recognised inthe reserve as it is deemed as the contribution from the Company’sequity participant. (ii)50%10% (ii)The statutory reserve of the Group refers to the People’s Republic ofChina (“PRC”) statutory reserve fund. Appropriations to such reservefund are made out of profit after tax as recorded in the statutoryfinancial statements of the PRC subsidiaries. The amount should notbe less than 10% of the profit after tax as recorded in the statutoryfinancial statements unless the aggregate amount exceeds 50% of theregistered capital of the PRC subsidiaries. The statutory reserve canbe used to make up prior year losses, i