北京健康年报2025

Contents目錄 62Independent Auditor’s Report68Consolidated Statement of Profit orLoss and Other Comprehensive Income71Consolidated Statement of FinancialPosition73Consolidated Statement of Changes inEquity75Consolidated Statement of Cash Flows78Notes to Financial Statements208Particulars of Properties 4Corporate Structure 9Management Discussion and Analysis 44Directors and Senior Management Corporate Information公司資料 As at 31 December 2025 BOARD OF DIRECTORSExecutive Directors Mr. Zhu Shi Xing(Chairman)Mr. Liu Xue Heng(Chief Executive Officer)Mr. Gu Shan ChaoMr. Wang Zheng ChunMr. Siu Kin Wai (Resigned on 10 October 2025) Independent Non-executive Directors Mr. Tse Man Kit, KeithMr. Wu Yong XinMr. Zhang Yun ZhouMs. Yang Xiao Yan AUTHORISED REPRESENTATIVES Mr. Lam Ka TakMr. Liu Xue Heng COMPANY SECRETARYMr. Lam Ka Tak AUDIT COMMITTEE Mr. Tse Man Kit, Keith(Chairman of the committee)Mr. Wu Yong XinMr. Zhang Yun ZhouMs. Yang Xiao Yan REMUNERATION COMMITTEE Mr. Zhang Yun Zhou(Chairman of the committee)Mr. Tse Man Kit, KeithMr. Wu Yong XinMs. Yang Xiao Yan NOMINATION COMMITTEE Mr. Wu Yong Xin(Chairman of the committee)Mr. Tse Man Kit, KeithMr. Zhu Shi XingMr. Zhang Yun ZhouMs. Yang Xiao Yan INVESTMENT AND RISK MANAGEMENT COMMITTEE Mr. Gu Shan Chao(Chairman of the committee)Mr. Liu Xue HengMr. Zhu Shi XingMr. Lam Ka Tak AUDITORS Ernst & YoungCertified Public AccountantsRegistered Public Interest Entity Auditor As at 31 December 2025Corporate Information • LEGAL ADVISERDLA PiperGuanto Law Firm 2389 STOCK CODE2389 www.bjhl.com.hk WEBSITEwww.bjhl.com.hk PRINCIPAL BANKERS Bank of BeijingChina Citic Bank InternationalShanghai Pudong Development Bank REGISTERED OFFICE Cricket SquareHutchins DriveP.O. Box 2681, KY1-1111Grand CaymanCayman Islands Cricket SquareHutchins DriveP.O. Box 2681, KY1-1111Grand CaymanCayman Islands HEAD OFFICE AND PRINCIPAL PLACE OF BUSINESS 909272704 Unit 2704, 27/F909 Cheung Sha Wan RoadCheung Sha WanKowloon, Hong Kong PRINCIPAL SHARE REGISTRAR AND TRANSFEROFFICE Suntera (Cayman) LimitedSuite 3204, Unit 2A, Block 3Building D, P.O. Box 1586Gardenia Court, Camana BayGrand Cayman, KY1-1110Cayman Islands Suntera (Cayman) LimitedSuite 3204, Unit 2A, Block 3Building D, P.O. Box 1586Gardenia Court, Camana BayGrand Cayman, KY1-1110Cayman Islands HONG KONG BRANCH SHARE REGISTRAR ANDTRANSFER OFFICE 3382333301–04 Union Registrars LimitedSuites 3301–04, 33/FTwo Chinachem Exchange Square338 King’s RoadNorth PointHong Kong Corporate Structure公司架構 Financial Summary財務摘要 Chairman’s Statement主席報告 Dear Shareholders, On behalf of the Board of Directors (the “Board”) of Beijing Health(Holdings) Limited (the “Company” and its subsidiaries collectively, the“Group”), I am pleased to present the annual report for the year ended31 December 2025 (the “Reporting Period”) of the Group and wouldlike to take this opportunity to review our business performance over thepast year and articulate our strategies for future growth. 2025 YEAR UNDER REVIEW: RESILIENT OPERATIONSFOR BUILDING FUTURE MOMENTUM ++ Looking back to 2025, against the backdrop of a complex and volatilemacro landscape and intensified industry competition, the Group hasalways closely aligned with the nation’s “Healthy China” initiative andactively responded to aging population strategy. By adhering to thedevelopment roadmap of fostering synergies between the three corepillars – “Geriatric Care Services + Health Industrial Parks + Medicaland Geriatric Products and Home Furnishings”, the Group is dedicatedto creating a comprehensive “All-Scenario Healthy Living” ecosystem.Thanks to the resilient efforts of all staff, and the clear and focusedexecution of strategies, the Group has generally maintained steadygrowth across its businesses, with significant improvements achieved inoccupancy rates and revenues of key projects, further consolidating themarket competitiveness of our model of “standardized chain operationwith integrated medical and geriatric care”. STRATEGIC FOCUS AND IMPLEMENTATION AMIDSTTHE WAVE OF RISING SILVER ECONOMY 1,37375%5,53723%33155% China’s aging population continues to accelerate, and the silver economyhas become an important pillar of the country’s strategic emergingindustries. The Group is seizing both policy and market opportunities,focusing on the Yangtze River Delta region and deeply cultivating theinclusive and institutional geriatric care service market. Our “BeikangMedical and Geriatric Care” brand has established a strong marketreputation. The Group has operated and managed seven geriatric careinstitutions with a total capacity of 1,373 beds and an average occupancyrate of approximately 75%, indicating stable operating cash flows. Duringthe Year, the geriatric care business segment achieved revenue ofRMB55.37 million, representing a year-on-year increase of approximately23%; and recorded a net profit of RMB3.31 million, representing a year-on-year increase of approximately 55%, demonst