HaiNan Pearl River Holdings Co., Ltd. The Abstract of the 2015 Annual Report

HaiNan Pearl River Holdings Co., Ltd. The Abstract of the 2015 Annual Report

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时间:2019-08-08

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1、HaiNanPearlRiverHoldingsCo.,Ltd.TheAbstractofthe2015AnnualReportIImportantinformationThisAbstractisbasedonthefulltextoftheAnnualReport.Inorderforafullunderstandingoftheoperatingresults,financialconditionandfuturedevelopmentplanningoftheCompany,investorsarekindlyrem

2、indedtoreadthefulltextcarefullyonthemediadesignatedbytheChinaSecuritiesRegulatoryCommission(the“CSRC”).ThisAbstracthasbeenpreparedinbothChineseandEnglish.Shouldtherebeanydiscrepanciesormisunderstandingsbetweenthetwoversions,theChineseversionshallprevail.Alldirector

3、sattendedinpersontheboardmeetingforreviewingthisReport.Theinvestorsshouldcarefullyreadabouttheauditreportwithoutunqualifiedopinionontheevents-focusedphasewhichissuedbyZhongxinghuaCPAs(LLP)thattheBoardofDirectorsaswellastheBoardofSupervisorshadspecificallystatedonth

4、erelevantevents.TheCompanyplansnottodistributecashdividendsorbonussharesorconvertcapitalreservesintosharecapital.CompanyprofilePearlRiverA,PearlStocknameStockcode000505,200505RiverBStockexchangeShenzhenStockExchangeContactinformationCompanySecretarySecuritiesAffair

5、sRepresentativeNameYuCuihongYuCuihongF29,DihaoBuilding,PearlRiverF29,DihaoBuilding,PearlRiverOfficeaddressPlaza,BinhaiRd,HaikouPlaza,BinhaiRd,HaikouFax0898-685810260898-68581026Tel.0898-685837230898-68583723E-mailhnpearlriver@21cn.nethnpearlriver@21cn.netIIBriefint

6、roductiontothemainbusinessorproductsintheReportingPeriodAtpresent,wearemainlyengagedinrealestatedevelopment,hotels&tourismandpropertymanagement.Wehave18subsidiaries,2branchcompaniesand3businessdivisions,namelypropertymanagement,realestateandhotels&tourism.Theproper

7、tymanagementdivisioncontributesapproximately70%ofouroperatingrevenues.Sinceitisalow-profitsectorwithoutsignificantchangestotherelevantoperatingactivities,thepropertymanagementdivisioncanonlymanagetobreakevenduetothecontinuously,rigidlyrisinglaborcost,withoutbeingab

8、letogenerateprofitfortheCompany.TherealestatebusinessmainlycamefromPhaseIIIoftheHubeiMeilinQingchengprojectandto31December2015,whichhadcompletedt

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