Financial Performance - Adjusted revenue for the six months ended June 30, 2022, was RMB 457.3 million, an increase of 14.8% compared to RMB 398.3 million in the same period of 2021[8]. - Total revenue for the same period was RMB 333.5 million, reflecting a growth of 15.0% from RMB 290.0 million year-on-year[8]. - Gross profit reached RMB 221.9 million, up 7.6% from RMB 206.1 million in the previous year[8]. - Net profit for the period was RMB 172.5 million, a decrease of 16.9% compared to RMB 207.7 million in the prior year[8]. - Revenue for the six months ended June 30, 2022, was RMB 333,473,000, an increase from RMB 290,014,000 for the same period in 2021, representing a growth of approximately 15%[90]. - Gross profit for the same period was RMB 221,856,000, compared to RMB 206,105,000 in 2021, reflecting a gross margin improvement[90]. - Operating profit decreased to RMB 181,236,000 from RMB 215,851,000 year-over-year, indicating a decline of about 16%[90]. - Profit before tax was RMB 173,247,000, down from RMB 208,152,000 in the previous year, a decrease of approximately 17%[90]. - Net profit for the period was RMB 172,495,000, compared to RMB 207,692,000 in 2021, representing a decline of around 17%[90]. - Total comprehensive income for the period was RMB 212,337,000, an increase from RMB 196,969,000 in the prior year, showing a growth of about 7.0%[90]. Student Enrollment and Educational Offerings - The number of full-time students as of June 30, 2022, was approximately 45,238, representing a 6.3% increase year-on-year[10]. - The group operates four educational institutions, including Xinhua College and Clinical Medical College, enhancing its educational offerings[12]. - New undergraduate programs in Financial Technology and Artificial Intelligence were recently approved, expanding the curriculum[14]. - The number of full-time students at Clinical Medicine College rose to 4,261, a significant increase of 50.5% year-on-year[18]. - The number of full-time students at Hongshan College increased to 10,213, up from 9,945, reflecting a growth of approximately 2.7%[18]. - The group aims to improve educational quality and employability, with overall graduate employment rates exceeding local averages[11]. - The group has received over 400 provincial and national awards in the 2021/2022 academic year, with a 43% increase in national-level awards for students[14]. - The group plans to enhance its professional construction and improve educational quality by adding new first-class undergraduate programs, including Economics and Finance, and Software Engineering[19]. - The group aims to leverage favorable policies in vocational education to expand its business network and enhance the effectiveness of industry-education integration[23]. - The group is committed to enhancing its influence in the Yangtze River Delta region through strategic educational initiatives[10]. Financial Position and Cash Flow - Cash and cash equivalents as of June 30, 2022, were RMB 347.3 million, down from RMB 645.9 million as of December 31, 2021[38]. - Current assets net increased by 10.3% from RMB 1,848.7 million to RMB 2,038.2 million, mainly due to a decrease in contract liabilities and an increase in other receivables[39]. - Capital expenditures for the period were RMB 14.3 million, slightly down from RMB 14.7 million in the previous period[40]. - The debt-to-asset ratio decreased from 22.6% as of December 31, 2021, to 20.5% as of June 30, 2022, due to a reduction in contract liabilities[42]. - The company reported other income of RMB 37,817,000, a decrease from RMB 48,514,000 in the same period last year, indicating a decline of about 22%[90]. - Net cash used in operating activities was RMB (62,352) thousand, compared to RMB (31,789) thousand in the previous year, reflecting a significant increase in cash outflow[101]. - Net cash used in investing activities was RMB (178,956) thousand, a decrease from RMB (436,823) thousand in the same period last year, indicating improved cash management[101]. - Net cash generated from financing activities was RMB 57,521 thousand, down from RMB 231,441 thousand in the previous year, showing a reduction in financing inflows[101]. - Cash and cash equivalents decreased by RMB 183,787 thousand, compared to a decrease of RMB 237,171 thousand in the same period of 2021[101]. Shareholder and Corporate Governance - The company has a significant shareholder, Mr. Wu Junbao, holding 71.77% of the shares[59]. - Mr. Wu Junbao is also the beneficial owner of RMB 100 million in registered share capital, representing 95.70% of the group's equity[60]. - The company has adopted a share option scheme to incentivize qualified individuals and retain talent[66]. - The company has appointed a new company secretary, Ms. Yu Anni, effective August 30, 2022[55]. - The company maintained compliance with corporate governance codes and standards throughout the reporting period[84]. - The independent auditor's review confirmed that the interim financial report complied with applicable accounting standards and regulations[89]. Dividends and Share Options - The company approved a dividend of RMB 148,237 thousand for the previous year, which was a decrease compared to the previous year's dividend[98]. - The total number of shares that may be issued under the stock option plan cannot exceed 10% of the issued shares as of the listing date, which is 160,000,000 shares[67]. - As of the report date, the total number of shares available for issuance under the stock option plan is 92,100,000 shares, accounting for approximately 5.73% of the total issued share capital[67]. - The stock option plan will remain valid for 10 years from the date it becomes unconditional, after which no further options will be granted[69]. - The total number of stock options granted on July 15, 2019, is 52,900,000, with specific vesting schedules for different groups of options[71]. - There were no other stock options granted, exercised, expired, or canceled during the reporting period apart from those disclosed[75]. Operating Segments and Market Focus - The company has identified only one operating segment, which is the provision of educational services, as per IFRS 8[112]. - The company is focused on the Yangtze River Delta region, which includes Jiangsu, Zhejiang, Anhui provinces, and Shanghai[142].

2021 ANNUAL REPORT 年報 CHINA XINHUA EDUCATION GROUP LIMITED 中國新華教育集團有限公司 (Incorporated in the Cayman Islands with limited liability) (於開曼群島註冊成立之有限公司) Stock Code 股份代號 : 02779 目錄 | --- | |--------------------------| | | | 公司資料 | | 主席報告 | | 管理層討論與分析 | | 董事及高級管理層 | | 董事會報告 | | 企業管治報告 | | 環境、社會及管治報告 | | 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 | | 綜合財務報表附註 | | 財務摘要 | | | 2 3 4 19 27 60 73 99 106 107 109 110 111 161 釋義 162 公司資料 | --- | --- | |------------------------------------------------|--- ...

CHINA XINHUA EDUCATION GROUP LIMITED 中國新華教育集團有限公司 CHINA XINHUA EDUCATION GROUP LIMITED 中國新華教育集團有限公司 INTERIM REPORT 2021 中期報告 (Incorporated in the Cayman Islands with limited liability) (於開曼群島註冊成立之有限公司) Stock Code 股份代號 : 02779INTERIM REPORT 中期報告 2021 | --- | --- | |------------------------------|-------| | 目錄 | | | | | | 公司資料 | 2 | | 摘要 | 3 | | 管理層討論與分析 | 4 | | 其他資料 | 13 | | 核數師致董事會的獨立審閱報告 | 20 | | 綜合損益及其他全面收益表 | 21 | | 綜合財務狀況表 | 22 | | 綜合權益變動表 | 24 | | 簡明綜合現金流量表 | 26 | | 未經審核中期財務報告附註 | 27 | | 釋義 | 39 | 中國新華 ...

| --- | --- | --- | --- | |-------|--------------------------------------|--------|-------| | | | | | | | | | | | | | | | | | | 2020 | | | | | 年報 | | | | | ANNUAL | | | | | REPORT | | | | CHINA XINHUA EDUCATION GROUP LIMITED | | | | | 中國新華教育集團有限公司 | | | (Incorporated in the Cayman Islands with limited liability) (於開曼群島註冊成立之有限公司) Stock Code 股份代號 : 02779 目錄 公司資料 2 主席報告 3 管理層討論與分析 4 董事及高級管理層 21 董事會報告 29 企業管治報告 62 環境、社會及管治報告 73 獨立核數師報告 102 綜合損益及其他全面收益表 109 綜合財務狀況表 110 綜合權益變動表 112 綜合現金流量表 113 綜合財務報表附註 114 財務摘要 1 ...

China Xinhua Edu cation Group Limit e d 中國新華教育集團有限公司 CHINA XINHUA EDUCATION GROUP LIMITED 中國新華教育集團有限公司 Interim Report 2020 中期報告 (Incorporated in the Cayman Islands with limited liability) (於開曼群島註冊成立之有限公司) Stock Code 股份代號 : 02779 Interim Report 中期報告 2020 | --- | --- | |------------------------------|-------| | | | | 目錄 | | | | | | 公司資料 | 2 | | 摘要 | 3 | | 管理層討論與分析 | 4 | | 其他資料 | 13 | | 核數師致董事會的獨立審閱報告 | 20 | | 綜合損益及其他全面收益表 | 21 | | 綜合財務狀況表 | 22 | | 綜合權益變動表 | 24 | | 簡明綜合現金流量表 | 26 | | 未經審核中期財務報告附註 | 27 | | 釋義 | ...

Stock Code 股份代號 : 02779 （於開曼群島註冊成立之有限公司） Annual Report 2019 年報 China Xinhua Education Group Limited 中國新華教育集團有限公司 (Incorporated in the Cayman Islands with limited liability) 目錄 釋義 158 中國新華教育集團有限公司 年度報告2019 1 | --- | --- | |-------|--------------------------| | | | | | | | | | | | | | | | | | | | | | | | 公司資料 | | | | | | 財務摘要 | | | | | | 主席報告 | | | 管理層討論與分析 | | | | | | 董事及高級管理層 | | | 董事會報告 | | | 企業管治報告 | | | 環境、社會及管治報告 | | | 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 | 2 ...

China Xinhua Edu cation Group Limit e d 中國新華教育集團有限公司 CHINA XINHUA EDUCATION GROUP LIMITED 中國新華教育集團有限公司 Interim Report 2019 中期報告 (Incorporated in the Cayman Islands with limited liability) (於開曼群島註冊成立之有限公司) Stock Code 股份代號 : 02779 | --- | --- | --- | --- | --- | --- | |-------|-------|-------|-------|----------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Interim | | | | | | | Report | | | | | | | 2019 | | | | | | | 中期報告 | | 目錄 公司資料 2 摘要 3 管理層討論與分析 4 其 ...

China Xinhua Education Group Limited 中國新華教育集團有限公司 (Incorporated in the Cayman Islands with limited liability) Stock Code 股份代號 : 02779 （於開曼群島註冊成立之有限公司） Annual Report 2018 年報 目錄 | --- | --- | |--------------------------|-------| | | | | 公司資料 | 2 | | 財務摘要 | 3 | | 主席報告 | 4 | | 管理層討論與分析 | 6 | | 董事及高級管理層 | 23 | | 董事會報告 | 32 | | 企業管治報告 | 65 | | 環境、 社會及管治報告 | 76 | | 獨立核數師報告 | 104 | | 綜合損益及其他全面收益表 | 110 | | 綜合財務狀況表 | 111 | | 綜合權益變動表 | 113 | | 綜合現金流量表 | 114 | | 財務報表附註 | 115 | | 釋義 | 166 | 公司資料 | --- | --- | |-------- ...