华南城2022/23年报

RentalOutletUrban RenewalE-CommerceTrade CentresFinancial ServicesResidential ProjectsProperty ManagementLogistics & WarehouseMulti-Purpose PropertiesConventions & Exhibitions (incorporated in Hong Kong with limited liability) 2022/23ANNUAL REPORT CONTENTS 2Corporate Information4Project Overview22FY2022/23 Major Events2022/23 26Financial Highlights28Chairmen’s Statement34Management Discussion and Analysis 58Biographical Details of Directors and KeyManagement Consolidated Financial Statements 161Independent Auditor’s Report168Consolidated Statement of Profit or Loss169Consolidated Statement of Comprehensive Income170Consolidated Statement of Financial Position172Consolidated Statement of Changes in Equity175Consolidated Statement of Cash Flows178Notes to Financial Statements CORPORATE INFORMATION *(2)(3)(2)(3) Board of DirectorsCo-Chairmen*Mr. Li Wenxiong(Non-Executive Director)(2)(3)Mr. Cheng Chung Hing(Executive Director)(2)(3) ** Executive Directors** Ms. Geng Mei(Chief Operating Officer)Mr. Wan Hongtao(Group’s Vice President)Mr. Qin Wenzhong(Group’s Financial Controller)Ms. Cheng Ka Man Carman ***(1) Non-Executive Directors*** Mr. Cheng Tai PoMs. Shen Lifeng(1)Ms. Li AihuaMs. Deng Jin **** Independent Non-Executive Directors**** (1)(2)(3)(1)(2)(3)(1)(2)(3)(2)(3) Mr. Leung Kwan Yuen AndrewGBM, GBS, JP(1)(2)(3)Mr. Li Wai Keung(1)(2)(3)Mr. Hui Chiu ChungJP(1)Ms. Zee Helen(2)(3)Dr. Li Xu(2)(3) (CPA, CFA) Chief Financial Officer Mr. Chan Mau Cheong Bryan(CPA, CFA) (CPA) Company SecretaryMr. Chan Hing Chau(CPA) Auditor Ernst & Young (1)(2)(3)*2022923*2022923**2022616**2022616***2022810***2022616202316***2023516***2023516****202316****2023516 (1)Member of Audit Committee(2)Member of Remuneration Committee(3)Member of Nomination Committee*Mr. Li Wenxiong has been appointed as Co-Chairman and Non-ExecutiveDirector, and a member of each of the Nomination Committee and theRemuneration Committee with effect from 23 September 2022.*Mr. Cheng Chung Hing has been re-designated from Chairman to Co-Chairman and continues to serve as Executive Director with effect from 23September 2022.**Mr. Wan Hongtao has been appointed as Executive Director and the Group’sVice President with effect from 16 June 2022.**Mr. Qin Wenzhong has been appointed as Executive Director and theGroup’s Financial Controller with effect from 16 June 2022.***Mr. Lei Ming resigned as Non-Executive Director with effect from 10 August2022.***Ms. Shen Lifeng has been appointed as Independent Non-Executive Directorsince 16 June 2022, then has been re-designated to Non-Executive Director,and ceased to serve as a member of each of the Nomination Committeeand the Remuneration Committee but remains to be a member of the AuditCommittee of the Company from 6 January 2023.***Ms. Li Aihua has been appointed as Non-Executive Director from 16 May2023.***Ms. Deng Jin has been appointed as Non-Executive Director from 16 May2023.****Ms. Zee Helen has been appointed as Independent Non-Executive Directorand a member of each of the Nomination Committee and the RemunerationCommittee with effect from 6 January 2023.****Dr. Li Xu has been appointed as Independent Non-Executive Director anda member of each of the Nomination Committee and the RemunerationCommittee with effect from 16 May 2023. Corporate Information (Continued) Legal AdvisorsAs to Hong Kong law LinklatersReed Smith Richards Butler As to China lawCommerce & Finance Law Offices Principal BankersIndustrial and Commercial Bank of China Limited PingAn Bank Co., Ltd.Bank of China LimitedBank of Dongguan Co., Ltd.Shanghai Pudong Development Bank Co., Ltd.China Construction Bank CorporationBank of Communications Co., Ltd.Bank of Jiangsu Co., Ltd.Bank of East Asia (China) LimitedChina Citic Bank Corporation LimitedBank of Hangzhou Co., Ltd.China Minsheng Banking Corp., Ltd.China Everbright Bank Co., Ltd.Agricultural Development Bank of ChinaChina Guangfa Bank Co., Ltd.Bank of Shanghai Co., Ltd.Zhongyuan Bank Co., Ltd.Nanyang Commercial Bank, Limited Registered Office 15333306–08 Suites 3306–08, 33/F., Tower 5, The Gateway,15 Canton Road, Tsim Sha Tsui, Kowloon, Hong Kong 183171712–1716 Share RegistrarComputershare Hong Kong Investor Services Limited Shops 1712–1716, 17th Floor, Hopewell Centre,183 Queen’s Road East, Wanchai, Hong Kong 1668 Listing InformationShare ListingThe Stock Exchange of Hong Kong LimitedStock code: 1668 Senior Notes ListingThe Singapore Exchange Securities Trading Limited 202449%(ISIN: XS2085883119)202469%(ISIN: XS2120092882)202479%(ISIN: XS1720216388)2024109%(ISIN: XS2238030162)2024129%(ISIN: XS2227909640) The Company’s 9% senior notes due April 2024(ISIN: XS2085883119)The Company’s 9% senior notes due June 2024(ISIN: XS2120092882)The Company’s 9% senior notes due July 2024(ISIN: XS1720216388)The Company’s 9% senior notes due October 2024(ISIN: XS2238030162)The Company’s 9% senior notes due December 2024(ISIN: XS2227909640) Website www.chinasouthci