中国三迪中期报告 2025

INTERIM中 期 報 告REPORT CORPORATE INFORMATION2CONDENSED CONSOLIDATED STATEMENTOF PROFIT OR LOSS AND OTHERCOMPREHENSIVE INCOME4CONDENSED CONSOLIDATED STATEMENTOF FINANCIAL POSITION6CONDENSED CONSOLIDATED STATEMENTOF CHANGES IN EQUITY8CONDENSED CONSOLIDATED STATEMENTOF CASH FLOWS11NOTES TO THE CONDENSEDCONSOLIDATED FINANCIAL STATEMENTS13MANAGEMENT DISCUSSION AND ANALYSIS52DISCLOSURE OF ADDITIONAL INFORMATION76 CORPORATEINFORMATION EXECUTIVE DIRECTORS Mr. Guo Jiadi(Chairman)Mr. Wang Chao Amika Lan E Guo NON-EXECUTIVE DIRECTORMs. Amika Lan E Guo INDEPENDENT NON-EXECUTIVEDIRECTORS Ms. Yu HuaxiuMr. Liao YiyiMs. Zhang Jianchan REGISTERED OFFICE Clarendon House2 Church StreetHamilton HM 11Bermuda Clarendon House2 Church StreetHamilton HM 11Bermuda HEAD OFFICE AND PRINCIPALPLACE OF BUSINESS 56-721G Unit G, 1/F, Fook Moon Building56-72 Third StreetSai Ying PunHong Kong COMPANY SECRETARY Ms. Ho Wing Tsz, Wendy(resigned on 16 April 2025)Mr. Poon Wai Kong(appointed on 11 March 2026) AUDITOR CCTH CPA LimitedCertified Public AccountantsRegistered Public Interest Entity Auditors HONG KONG LEGAL ADVISERLoong & Yeung CORPORATE INFORMATION PRINCIPAL BANKERS Bank of China LimitedChina Everbright Bank Co., Ltd.Bank of Nanjing Co., Ltd.Hua Xia Bank Co., Ltd.Shanghai Pudong Development Bank Co., Ltd. PRINCIPAL SHARE REGISTRARAND TRANSFER OFFICE Conyers Corporate Services (Bermuda)LimitedClarendon House2 Church StreetHamilton HM 11Bermuda Conyers Corporate Services (Bermuda) LimitedClarendon House2 Church StreetHamilton HM 11Bermuda BRANCH SHARE REGISTRAR ANDTRANSFER OFFICE 1617 Tricor Tengis Limited17/F, Far East Finance Centre16 Harcourt RoadHong Kong 910 STOCK CODE910 www.chinasandi.com.cn WEBSITEwww.chinasandi.com.cn CONDENSEDCONSOLIDATEDSTATEMENTOFPROFITORLOSSANDOTHERCOMPREHENSIVEINCOME FOR THE SIX MONTHS ENDED 30 JUNE 2025 CONDENSED CONSOLIDATED STATEMENT OF PROFIT ORLOSS AND OTHER COMPREHENSIVE INCOME FOR THE SIX MONTHS ENDED 30 JUNE 2025 CONDENSEDCONSOLIDATEDSTATEMENTOFFINANCIALPOSITION AS AT 30 JUNE 2025 CONDENSED CONSOLIDATED STATEMENT OFFINANCIAL POSITION AS AT 30 JUNE 2025 CONDENSEDCONSOLIDATEDSTATEMENTOFCHANGESINEQUITY FOR THE SIX MONTHS ENDED 30 JUNE 2025 CONDENSED CONSOLIDATED STATEMENT OFCHANGES IN EQUITY FOR THE SIX MONTHS ENDED 30 JUNE 2025 CONDENSEDCONSOLIDATEDSTATEMENTOFCHANGESINEQUITY FOR THE SIX MONTHS ENDED 30 JUNE 2025 Notes: (i)(ii)(iii)50%(iv)(i)3,049,440,0001,824,634,0001,224,806,000(ii)17,470,00038,588,000(v) (i)Capital reserve represents deemed contribution from equityowner regarding to the waiver of loan for funding theconstruction of an investment property in 2012. (ii)Merger reserve represents the difference between the sharecapital of the combining entities against cash considerationpaid and other considerations issued by the China SandiHoldings Limited (the “Company” or “China Sandi”) uponcompletion of business combination under common control. (iii)The statutory reserve represents the amount transferredfrom net profit for the year of the subsidiaries establishedin the People’s Republic of China in accordance with therelevant PRC laws until the statutory reserve reaches 50%of the registered capital of the subsidiaries. The statutoryreserve cannot be reduced except either in setting off theaccumulated losses or increasing capital. (iv)The other reserve, which is the contributed surplus accountof the Company, comprises of: (i)thedifference arising from the share premiumreduction which was being effective and approvedby the Bermuda Registrar of Companies on 11 May2016. Under the share premium reduction, entireamount standing to the credit of the share premiumaccount of the Company as at 29 February 2016 inthe sum of RMB3,049,440,000 be reduced, with partof the credit arising therefrom being applied to offsetthe accumulated losses of the Company in the sum ofRMB1,824,634,000 in full and the remaining balanceof the credit in the sum of RMB1,224,806,000 beingcredited to the other reserve of the Company. (ii)RMB17,470,000debited to other reserve of theCompany during the year ended 31 December 2019represents the difference between the amount ofconsideration shares issued and the carrying amountof non-controlling interest acquired plus the waiverof amount due to non-controlling shareholder ofRMB38,588,000.The waiver of amount due tonon-controlling shareholder is a non-cash transactionof the Group. (v)Property revaluation reserve represents the accumulatedamount of the differences between the carrying amountand fair value of right-of-use assets and properties underdevelopment upon transfer of such assets to investmentproperties, and the related deferred tax effects recognisedin respect of such differences. CONDENSED CONSOLIDATED STATEMENT OFCASH FLOWS FOR THE SIX MONTHS ENDED 30 JUNE 2025 CONDENSEDCONSOLIDATEDSTATEMENTOFCASHFLOWS FOR THE SIX MONTHS ENDED 30 JUNE 2025 NOTES TO THE CONDENSEDCONSOLIDATED FINANCIAL STATEMENTS FOR THE SIX MONTHS ENDED 30