Financial Performance - For the six months ended June 30, 2022, the total revenue was approximately RMB 95.2 million, a decrease of 50.7% compared to RMB 193.3 million in the same period of 2021[10]. - The gross profit for the same period was approximately RMB 29.9 million, down 48.8% from RMB 58.5 million year-on-year[10]. - The net profit attributable to shareholders was approximately RMB 0.4 million, a significant decline of 97% from RMB 15.3 million in the previous year[10]. - The gross margin improved slightly to 31.4% from 30.3% in the previous year, while the net margin dropped to 0.4% from 7.9%[11]. - The operating profit for the period was approximately RMB 29.9 million, reflecting proactive management of project commencement and construction progress[16]. - The company reported a decrease in pre-tax profit to RMB 1.2 million, down 94% from RMB 18.3 million in the previous year[10]. - The group achieved total revenue of RMB 952 million, with a net profit attributable to the parent company of RMB 4 million, and a gross margin of 31.4%, an increase of 1.2 percentage points compared to the same period last year[37]. - The group reported total revenue of RMB 95,240,000 for the six months ended June 30, 2022, compared to RMB 193,289,000 for the same period in 2021, indicating a significant decrease of 50.7%[170]. - Revenue from construction contracts was RMB 89,581,000, down from RMB 190,761,000 in the previous year, reflecting a decline of 53.0%[170]. - The total comprehensive income for the period ended June 30, 2022, was RMB (25,292,000), compared to RMB 21,837,000 for the same period in 2021[136]. Assets and Liabilities - Total assets as of June 30, 2022, were RMB 3,404.5 million, an increase of 1.4% from RMB 3,358.3 million at the end of 2021[11]. - Current liabilities increased to RMB 2,147,344 thousand from RMB 1,995,379 thousand, reflecting a rise of 7.6%[129]. - Non-current liabilities decreased to RMB 238,407 thousand from RMB 318,892 thousand, a reduction of 25.2%[131]. - The equity attributable to the owners of the parent company was RMB 990,807 thousand, down from RMB 1,016,282 thousand[131]. - The total liabilities decreased from RMB 1,016,282,000 as of January 1, 2022, to RMB 990,807,000 as of June 30, 2022[135]. Cash Flow and Financial Position - The net cash flow from operating activities for the six months ended June 30, 2022, was RMB 30,940,000, a significant improvement compared to a negative cash flow of RMB (116,563,000) in the same period of 2021[139]. - The company's cash and cash equivalents decreased to RMB 57,189 thousand from RMB 77,465 thousand, a decline of 26.1%[129]. - The company’s cash and cash equivalents in Hong Kong dollars were reported at RMB 5,000, a decrease from RMB 12,000 in 2021[59]. - The company has provided guarantees to banks for financing amounts of RMB 683,150,000 for joint ventures, a decrease from RMB 712,950,000 in 2021[63]. - The company’s financial guarantee contracts are classified as Stage 1 credit risk, indicating no transfer of risk between stages during the period[65]. Project Management and Operations - The company maintained a cautious approach towards new projects, focusing on compliance and the financial strength of local governments to assess project feasibility[15]. - The company implemented measures to tighten marketing expenses and reduce operating costs to stabilize operations amid revenue pressure[16]. - The group is focusing on optimizing project management and enhancing operational efficiency in response to economic instability caused by the pandemic[37]. - The group has established a unified supplier database and developed a project management information platform to ensure strict budget adherence in project expenditures[40]. - The group will continue to adopt a PPP model alongside general contracting to enhance project precision and accelerate value conversion[44]. Market and Strategic Focus - The company aims to strengthen its cash flow and improve project management to prepare for long-term growth opportunities in urban greening under the "14th Five-Year Plan"[23]. - The company has expanded its market coverage to 15 provinces across China, enhancing its project functions in line with the "dual carbon" goals[26]. - The government plans to significantly enhance urban ecological infrastructure by 2025, with an expected market demand for landscaping projects nearing RMB 1.1 trillion[32]. - The company anticipates broader business opportunities in the green landscaping industry driven by the demand for ecological space planning and refined urban management[27]. - The group has identified significant opportunities in the "14th Five-Year Plan" for green circular economy development, positioning itself for the next decade of growth[43]. Research and Development - The company plans to invest more in establishing technology centers and enhancing core R&D capabilities, particularly for technologies with independent intellectual property rights[24]. - The group aims to enhance its core technology in ecological construction to improve its industry position and risk resistance, enabling it to undertake larger projects and increase profit margins[43]. - The company has invested in establishing a technology center to strengthen R&D capabilities and promote the commercialization of technology in ecological and environmental projects[41]. Corporate Governance and Shareholding - The company has established a remuneration committee to set formal and transparent procedures for the remuneration policies of directors and senior management[112]. - The company believes that maintaining a high level of corporate governance is essential for effective management and business growth[107]. - Major shareholders include 博大國際 with a 29.65% stake, holding 991,321,041 shares[79]. - The company has a significant shareholding structure, with Mr. Wu Zhengping and Ms. Xiao Li holding 29.65% of the issued share capital each, totaling 991,321,041 shares[75]. Employee and Talent Management - As of June 30, 2022, the group employed 146 full-time employees, a decrease from 180 employees as of December 31, 2021[112]. - Employee costs for the reporting period amounted to approximately RMB 45.9 million, compared to RMB 81.6 million for the six months ended June 30, 2021[112]. - The stock option plan aims to attract and retain top talent by providing additional incentives to employees, directors, consultants, and advisors[85].

Financial Performance - For the year ended December 31, 2021, the company reported revenue of RMB 267,498 thousand, a decrease of 60.4% from RMB 676,161 thousand in 2020[13] - Gross profit for the same period was RMB 80,259 thousand, down 57.9% from RMB 190,611 thousand in 2020[13] - The company's profit before tax fell by 87.5% to RMB 11,716 thousand from RMB 94,046 thousand in 2020[13] - Net profit attributable to equity holders of the parent was RMB 4,542 thousand, a significant decline of 94.2% compared to RMB 78,295 thousand in the previous year[13] - Total assets as of December 31, 2021, were RMB 3,358,341 thousand, a decrease of 2.7% from RMB 3,452,771 thousand in 2020[13] - The company's equity attributable to equity holders increased slightly by 2.0% to RMB 1,016,282 thousand from RMB 995,931 thousand in 2020[13] - The gross margin improved to 30.0% in 2021 from 28.2% in 2020[13] - The net profit margin decreased to 1.7% in 2021 from 11.6% in 2020[13] - The total revenue achieved by the company during the reporting period was RMB 267.5 million, with a net profit attributable to the parent company of RMB 4.5 million; the gross profit margin increased by 1.8 percentage points to 30.0%[36] Operational Strategy - The group adopted a prudent approach by slowing down project commencement and construction progress to strengthen cash flow, which led to a decline in performance[21] - The group emphasizes maintaining a stable cash flow, appropriate scale, and reasonable profit margins as part of its operational strategy[26] - The company is actively optimizing its management model and adjusting its operational strategies to adapt to the economic uncertainties caused by the COVID-19 pandemic[36] - The group plans to transition from PPP projects to Engineering Procurement Construction (EPC) models, including EPC+Finance and EPC+Operation, to optimize asset allocation and ensure sustainable development[48] Market Trends - The overall market for new orders in the landscaping industry remains low, with a decrease in new orders due to the impact of previous PPP project contracts[25] - The Chinese urban landscaping market is projected to grow from RMB 215.8 billion in 2020 to RMB 426.6 billion by 2027, representing a compound annual growth rate (CAGR) of 11.01% from 2021 to 2027[34] - The urban landscape design industry in China is expected to maintain an average growth rate of 7%, with the market size projected to reach RMB 350 billion in 2022[34] Environmental Initiatives - The company plans to accelerate its carbon reduction efforts in line with the "30-60 targets" and continue advocating for energy-saving and environmentally friendly business practices[29] - The company aims to achieve carbon peak and reduction targets by 2030 and 2060, respectively, with a plan to gradually reduce total greenhouse gas emission density over the next five years, using 2021 as the baseline year[181] - The company is committed to gradually reducing air pollutant emissions density over the next five years, using 2021 as the baseline year[176] - The company has implemented enhanced site management to minimize environmental impacts during construction projects[174] - The company focuses on planting a large number of green plants in its horticultural projects, which helps absorb carbon dioxide, although these are not accounted for in the company's greenhouse gas emissions reduction[180] Governance and Compliance - The board consists of seven members, including four executive directors and three independent non-executive directors, ensuring a balanced governance structure[56] - The company has adopted the corporate governance code and has complied with all applicable provisions during the reporting period, except for specific deviations noted in the report[50] - The independent non-executive directors have confirmed their independence throughout the reporting period, contributing to high standards of compliance and governance[60] - The company will regularly review the management structure and consider separating the roles of Chairman and CEO if necessary to maintain effective governance[59] - The board retains final decision-making authority on significant matters, including policies, strategies, budgets, internal controls, risk management, and major transactions[65] Risk Management - The company's risk management and internal control system is based on its "Risk Management Internal Control System" and involves participation from the board, management, and employees[110] - The risk management objectives include identifying potential impacts on the company and providing reasonable assurance for achieving business goals, including effective resource use and compliance with regulations[113] - Management conducts regular internal control assessments to identify risks affecting the group's operations and financial processes, ensuring compliance with control policies[117] - The internal auditor independently reviews the adequacy and effectiveness of the risk management and internal control systems, reporting findings to the audit committee[118] ESG Performance - The ESG report covers the company's management policies and strategies related to environmental, social, and governance (ESG) practices for the year 2021[146] - The company is committed to continuously collecting relevant ESG data to improve the accuracy and comprehensiveness of its ESG data collection system[147] - The company has established an ESG governance framework led by the board, with a dedicated working group responsible for identifying and managing significant ESG issues[153] - Stakeholder engagement includes communication with government, customers, suppliers, employees, and the community to align long-term development directions[160] Emission Reductions - Total greenhouse gas emissions (Scope 1 and 2) decreased from 646.00 tons in 2020 to 406.02 tons in 2021, representing a reduction of approximately 37.2%[182] - Total energy consumption decreased from 1,123,169.00 kWh in 2020 to 617,123.56 kWh in 2021, a reduction of approximately 45%[195] - Total water consumption decreased significantly from 64,212.00 tons in 2020 to 25,902.33 tons in 2021, a reduction of approximately 59.6%[199] - The company has not generated any hazardous waste during the reporting period and has not set related targets[188]

China Greenland Broad Greenstate Group Company Limited | --- | --- | --- | --- | --- | |---------------------|-------------------------------------------------------------|-------|-------|-------| | | China Greenland Broad Greenstate Group Company Limited | | | | | | | | | | | | 中國綠地博大綠澤集團有限公司 | | | | | | | | | | | | (Incorporated in the Cayman Islands with limited liability) | | | | | (Stock code : 1253) | | | | | IN TERIM REPORT 中國綠地博大綠澤集團有限公司 中期報告 2021 China Greenland Broad Greenstate Group Company Limit ...

Chi n a Gre e nla n d Bro a d Gre e n state Gro u p C o m p a n y Limite d 中國綠地博大綠澤集團有限 公 司 China Greenland Broad Greenstate Group Company Limited 中國綠地博大綠澤集團有限公司 (Incorporated in the Cayman Islands with limited liability) Stock Code：1253 ANNUAL REP O R T 年 報 2 0 2 0 2020 Annual Report 年報 2020 China Greenland Broad Greenstate Group Company Limited 中國綠地博大綠澤集團有限公司 (於開曼群島註冊成立的有限公司) 股份代號：1253 s 博採眾長 Eclectic 大有作為 Accomplishment 精益求精 Excelsior 深生不息 Endless Depth 目錄 02 04 05 06 10 15 29 54 58 73 79 81 83 84 86 168 ...

China Greenland Broad Greenstate Group Company Limited 中國綠地博大綠澤集團有限公司 (於開曼群島註冊成立的有限公司) (股份代號：1253) 中期報告 2020 博採眾長 Eclectic 大有作為 Accomplishment 精益求精 Excelsior 深生不息 Continuous | --- | --- | |-------|----------------------------| | | 目 錄 | | 2 | 公司资料 | | 4 | 財務摘要 | | 5 | 主席報告書 | | 8 | 管理層討論與分析 | | 16 | 其他資料及企業管治概要 | | 24 | 中期簡明綜合損益表 | | 25 | 中期簡明綜合其他全面收益表 | | 26 | 中期簡明綜合財務狀況表 | | 28 | 中期簡明綜合權益變動表 | | 29 | 中期簡明綜合現金流量表 | | 31 | 中期簡明綜合財務資料附註 | | 61 | 釋義 | | --- | --- | --- | |------------------------------|------ ...

China Greenland Broad Greenstate Group Company Limited 中國綠地博大綠澤集團有限公司 (於開曼群島註冊成立的有限公司) 股份代號：1253 20 O 元 | --- | --- | --- | --- | |-------|---------------------------|---------------------------------|-------| | | | | | | | | | | | | | | | | | | t | | | | A c 博 採 眾 長 E c l e | c o m p l i s h m e n c t i c r | | ] 錄 02 公司资料 04 財 務 摘 要 05 五年財務摘要 06 主席報告書 09 管理層討論與分析 14 企業管治報告 27 環境·社會及管治報告 48 董事及高级管理層 52 董事會報告 69 獨立核數師報告 75 綜合損益及其他全面收益表 77 綜合財務狀況表 79 綜合權益變動表 80 綜合現金流量表 82 財務報表附註 178 釋義 公司资料 公司名稱 中國綠地博大綠澤集團有限 ...

China Greenland Broad Green state Group Company Limited China Greenland Broad Greenstate Group Company Limited 中國綠地博大綠澤集團有限公司 (Incorporated in the Cayman Islands with limited liability) (Stock code：1253) Interim Report 中國綠地博大綠澤集團有限公司 中期報告 Interim Report 2019 2019 China Greenland Broad Greenstate Group Company Limited 中國綠地博大綠澤集團有限公司 (於開曼群島註冊成立的有限公司) (股份代號：1253) Arl Grifte 中期報告 2019 Eclectic 博採眾長 Accomplishment 大有作為 Excelsior 精益求精 Continuous 深生不息 V 目錄 公司資料 2 財務摘要 4 主席報告書 5 管理層討論與分析 8 其他資料及企業管治概要 15 簡明綜合中期損益表 ...

China Greenland Broad Greenstate Group Company Limited 中國綠地博大綠澤集團有限公司 (於開曼群島註冊成立的有限公司) 股份代號：1253 UUHUUUUU ar a see and UTI 2018 博 採 眾 長 ECLECTIC 大 有 作 為 ACCOMPLISHMENT 精 益 求 精 EXCELSIOR 深 生 不 息 CONTINUOUS 深 目錄 公司資料 2 財務摘要 4 5 6 10 14 27 42 46 64 70 72 74 75 77 176 五年財務摘要 主席報告書 管理層討論與分析 企業管治報告 環境、社會及管治報告 董事及高級管理層 董事會報告 獨立核數師報告 綜合損益及其他全面收益表 綜合財務狀況表 綜合權益變動表 綜合現金流量表 財務報表附註 釋義 釋義 176 公司資料 公司名稱 中國綠地博大綠澤集團有限公司 股份上市地點 香港聯合交易所有限公司－主板 股份代號 1253 股份名稱 中國綠地博大綠澤 董事會 執行董事 吳正平先生(主席兼行政總裁) 肖 莉 女 士 (副總 裁 ) 朱雯女士(副總經理) 陳敏女士(財務副 ...