远大中国中期报告2025
Contents Corporate Information2Financial Highlights5Management Discussion and Analysis6Latest Information of Share Capital andMajor Shareholders17Other Information21Consolidated Statement of Profit or Loss22Consolidated Statement of Profit or Lossand Other Comprehensive Income23Consolidated Statement of Financial Position24Consolidated Statement of Changes in Equity26Condensed Consolidated Cash Flow Statement28Notes to the Unaudited Interim Financial Report30 Corporate Information DIRECTORS Executive Directors 20258292025829 Kang Baohua(Chairman)Zhao Zhongqiu(Chief executive officer)Wang HaoGao Kai (appointed on 29 August 2025)Zhang Lei (resigned on 29 August 2025) Independent non-executive Directors Yang QianwenWang YuhangHa Gang BOARD COMMITTEES Audit Committee Yang Qianwen(Chairman)Wang YuhangHa Gang Nomination Committee Kang Baohua(Chairman)Yang QianwenWang Yuhang Remuneration Committee Yang Qianwen(Chairman)Zhao ZhongqiuHa Gang REGISTERED OFFICE Cricket SquareHutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands Cricket SquareHutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands HEADQUARTERS IN CHINA 1320110027 20, Street 13Shenyang Economic & Technological Development AreaShenyang 110027China PLACE OF BUSINESS IN HONG KONG 362911 Office 11, 9/FFortune Commercial Building362 Sha Tsui RoadTsuen Wan, New TerritoriesHong Kong AUTHORIZED REPRESENTATIVES Zhao ZhongqiuYu Leung Fai, Philip(CPA (HKICPA, AICPA and ASCPA)) COMPANY SECRETARY Yu Leung Fai, Philip(CPA (HKICPA, AICPA and ASCPA)) PRINCIPAL SHARE REGISTRAR Suntera (Cayman) LimitedSuite 3204, Unit 2ABlock 3, Building D, P. O. Box 1586Gardenia Court, Camana BayGrand Cayman, KY1-1100Cayman Islands Suntera (Cayman) LimitedSuite 3204, Unit 2ABlock 3, Building D, P.O. Box 1586Gardenia Court, Camana BayGrand Cayman, KY1-1100Cayman Islands HONG KONG SHARE REGISTRAR 1617 Tricor Investor Services Limited17/F, Far East Finance Centre,16 Harcourt Road,Hong Kong Corporate Information PLACE OF LISTING The main board of The Stock Exchange of Hong Kong Limited(the “Stock Exchange”) STOCK CODE 2789 2789 PRINCIPAL BANKERS Industrial and Commercial Bank of China Limited,Shenyang Yu Hong SubbranchChina Development Bank Corporation, Liaoning BranchShengjing Bank, Shenyang Yuhong SubbranchChina Guangfa Bank Co., Ltd., Shenyang Shenhe SubbranchChina Zheshang Bank Co., Ltd., Shenyang BranchShenyang Rural Commercial Bank Co., Ltd.,Hunnan SubbranchHuludao Rural Commercial Bank Co., Ltd.,Longgang SubbranchIndustrial Bank Co., Ltd Shenyang Changbai Subbranch AUDITORS 108 KPMGPublic Interest Entity Auditor registered in accordance withthe Accounting and Financial Reporting Council Ordinance8th Floor, Prince’s Building10 Chater RoadCentral, Hong Kong LEGAL ADVISORS As to Hong Kong lawRonald Tong & Co WEBSITE www.yuandacn.com www.yuandacn.com Financial Highlights Note:Adjusted gross profit margin is calculated based on adjustedgross profit, which represents gross profit after impairmentlosses for trade and bills receivables and contract assets. Management Discussion and Analysis BUSINESS REVIEW Overall Performance 20252025660,5365.3% In the first half of 2025, the global geopolitical landscaperemained complex, with intertwined factors such as adjustmentsin U.S. tariff policies, persistent inflationary pressures andturmoil in the global trading system, which profoundly impactedthe global economic landscape. The Central Government ofChina continued to deepen multilateral, bilateral and regionaleconomic cooperation, fostering a transparent, stable andpredictable policy environment. China’s GDP in the first half of2025 was approximately RMB66,053.6 billion, representing ayear-on-year increase of 5.3%, demonstrating strong resilienceand laying the foundation for the full-year economic growthtarget. The global property market still faces challenges such asweak recovery confidence, uneven regional development anda high-interest rate environment. In the face of uncertaintiesin the market environment, Yuanda China Holdings Limited(the “Company”) and its subsidiaries (collectively be referredto as the “Group”) have achieved a well-balanced approachto market expansion and risk management through flexiblestrategies. Leveraging our robust global marketing networkand exceptional operational capabilities in overseas curtainwall projects, we have deepened our presence in internationalmarkets, achieving steady business growth in the first halfof the year. At the same time, the Group’s managementefficiency and effectiveness were further enhanced through theimplementation of internal autonomy, strengthened internalcoordination and linkage, and more comprehensive budgetmanagement. 20256 30184.120246306.02024178.2(i)2024(ii)2024 For the six months ended 30 June 2025 (the “ReportingPeriod”), the profit attributable to equity shareholders of theCompany of the Group increased by approximately RMB178.2million as compared with the
