02255 海昌海洋公园 展示文件：(006) 公司二零二四年年报(中英文版)
(Incorporated in the Cayman Islands with Limited Liability 于开曼群岛注册成立之有限公司)
Stock Code 股份代号：2255
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ABOUT HAICHANG OCEAN PARK HOLDINGS LTD.
有关海昌海洋公园控股有限公司
海昌海洋公园控股有限公司(2255.HK)（「本
公司」，连同其附属公司统称「本集团」）是
以海洋主题为基础的中国领先的综合性文
旅集团。本集团在全国范围内自持并运营7
家以「海昌」为品牌、以海洋文化为主的大
中型文旅项目。在提升主题公园游客体验
和产品的同时，集团逐渐将业务拓展至文
旅服务及解决方案业务、IP运营业务，通
过持续的将我们的文旅综合资源和优秀的IP
产品输出到全国各地，本集团让更多的消
费者能够充分享受到我们丰富且高质量的
休闲文旅消费产品。本集团的目标是成为
一家让大家玩得更好的公司，希望能打造
一个「有梦．有爱．有快乐」的地方，不断
满足人们对高质量文旅消费产品的需求。
2014年3月13日，海昌海洋公园控股有
限公司在香港联合交易所有限公司（「联交
所」）主板成功上市。公司目前已获选为恒
生综合指数、恒生综合小型股指数、恒生
消费指数、恒生港股通指数等多个恒生指
数系列的成分股，且已被纳入MSCI新兴市
场及富时新兴市场相关的多个指数。
Haichang Ocean Park Holdings Ltd. (2255.HK) (the ”Company”
and together with its subsidiaries, the ”Group”) is a leading
group in China specialising in providing integrated oceanic
culture-based tourism and leisure services. The Group owned and
operated seven large- and medium-scale marine culture-based
tourism and leisure projects under the brand name of “Haichang”
in China. While improving visitors’ experience and product
oferings in theme parks, the Group gradualy diversified its
busines to tourism and leisure services and solutions, and IP
operation. As the Group continues to deliver its comprehensive
tourism and leisure resources and premium IP products acros
China, more consumers are able to fuly enjoy the Group’s wide
range of high-quality culture-based tourism and leisure consumer
products. The goal of the Group is to become a company helping
people to have fun to the fulest by creating a place filed with
“Dream, Love, Joy”, which can continue to satisfy consumers’
demand for high-quality tourism and leisure products. Haichang
Ocean Park Holdings Ltd. has sucesfuly ben listed on the Main
Board of The Stock Exchange of Hong Kong Limited (the “Stock
Exchange”) since 13 March 2014. The Company has ben
selected as a constituent stock of a number of indexes under the
Hang Seng Family of Indexes such as the Hang Seng Composite
Index, the Hang Seng Composite SmalCap Index, the Hang Seng
Consumption Index and the Hang Seng Stock Conect Hong Kong
Index, and has ben included in multiple indexes in relation to the
MSCI emerging market and the FTSE emerging market.
Corporate Information
公司资料
Five Years’ Financial Sumary
五年财务概要
Chairman’s Statement
主席报告
Management Discusion and Analysis
管理层讨论及分析
Directors and Senior Management
董事及高级管理层
Directors’ Report
董事会报告
Corporate Governance Report
企业管治报告
Independent Auditor’s Report
独立核数师报告
Consolidated Statement of Profit or Los
合并损益表
Consolidated Statement of Comprehensive Income
合并全面收益表
Consolidated Statement of Financial Position
合并财务状况表
Consolidated Statement of Changes in Equity
合并权益变动表
Consolidated Statement of Cash Flows
合并现金流量表
Notes to Financial Statements
财务报表附注
Major Properties held by the Group
本集团持有之主要物业
CONTENTS 目录
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
CORPORATE INFORMATION
公司资料
BOARD OF DIRECTORS
Executive Directors
Qu Naijie (Chairman and Chief Executive Oficer)
Qu Cheng
Li Kehui (Senior Vice President)
Non-executive Directors
Wang Xuguang
Yuan Bing
Go Toutou (former name Wu Tongtong)
Independent Non-executive Directors
Wang Jun
Zhu Yuchen
Shen Han
AUDIT COMITE
Zhu Yuchen (Chairman)
Wang Jun
Shen Han
REMUNERATION COMITE
Wang Jun (Chairman)
Wang Xuguang
Zhu Yuchen
NOMINATION COMITE
Qu Naijie (Chairman)
Wang Jun
Shen Han
RISK MANAGEMENT AND CORPORATE
GOVERNANCE COMITE
Yuan Bing (Chairman)
Zhu Yuchen
Wang Jun
INDEPENDENT BOARD COMITE
Wang Jun (Chairman)
Zhu Yuchen
Shen Han
董事会
执行董事
曲乃杰（主席兼行政总裁）
曲程
李珂晖（高级副总裁）
非执行董事
王旭光
袁兵
Go Toutou（前称吴桐）
独立非执行董事
王军
朱玉辰
沈涵
审核委员会
朱玉辰（主席）
王军
沈涵
薪酬委员会
王军（主席）
王旭光
朱玉辰
提名委员会
曲乃杰（主席）
王军
沈涵
风险管理及企业管治委员会
袁兵（主席）
朱玉辰
王军
独立董事委员会
王军（主席）
朱玉辰
沈涵
2024年度报告 海昌海洋公园控股有限公司
CORPORATE INFORMATION
公司资料
COMPANY SECRETARY
So Lai Shan
AUTHORISED REPRESENTATIVES
Qu Cheng
So Lai Shan
LEGAL ADVISERS
As to Hong Kong Law
Ashurst Hong Kong
As to PRC Law
Liaoning Think Tank Law Firm
AUDITOR
HLB Hodgson Impey Cheng Limited
Certified Public Acountants
Registered Public Interest Entity Auditor
31/F, Gloucester Tower
The Landmark, 11 Peder Stret
Central, Hong Kong
HEAD OFICE IN THE PRC
31st Flor, Building A
Foreshore Beach World Trade Centre
Phase I, No. 4, Lane 255 Dongyu Road
Pudong New District
Shanghai
PRC
REGISTERED OFICE
PO Box 309, Ugland House
Grand Cayman, KY1-1104
Cayman Islands
PRINCIPAL PLACE OF BUSINES IN HONG
KONG
Rom 804, 8/F., K11 Atelier, Victoria Dockside
18 Salisbury Road, Tsim Sha Tsui, Kowlon
Hong Kong
公司秘书
苏丽珊
授权代表
曲程
苏丽珊
法律顾问
有关香港法律
亚司特律师事务所
有关中国法律
辽宁智库律师事务所
核数师
国卫会计师事务所有限公司
执业会计师
注册公众利益实体核数师
香港中环
毕打街11号置地广场
告罗士打大厦31字楼
中国总部
中国
上海市
浦东新区
东育路255弄4号
前滩世贸中心一期
A栋31楼
注册办事处
PO Box 309, Ugland House
Grand Cayman, KY1-1104
Cayman Islands
香港主要营业地点
香港
九龙尖沙咀梳士巴利道18号
维港文化汇K11办公大楼8楼804室
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
CORPORATE INFORMATION
公司资料
开曼群岛股份过户登记处
Maples Fund Services (Cayman) Limited
PO Box 1093, Boundary Hal
Cricket Square
Grand Cayman, KY1-1102
Cayman Islands
香港股份过户登记处
卓佳证券登记有限公司
香港
夏悫道16号
远东金融中心17楼
主要往来银行
中国进出口银行上海分行
中国进出口银行辽宁省分行
中国建设银行股份有限公司上海市分行
中国建设银行股份有限公司三亚分行
中国建设银行股份有限公司
大连市分公司
中国银行股份有限公司河南省分行
中国工商银行股份有限公司
大连市分公司
中国工商银行股份有限公司
上海市分行
交通银行股份有限公司上海市分行
中信银行股份有限公司大连分行
平安银行股份有限公司大连分行
上海浦东发展银行股份有限公司
自贸试验区新片区分行
中国光大银行股份有限公司上海分行
兴业银行股份有限公司上海分行
上海农村商业银行股份有限公司
黄浦支行
中原银行股份有限公司
哈尔滨银行股份有限公司
大连银行股份有限公司
宁波银行股份有限公司上海分行
北京银行股份有限公司上海分行
中国民生银行股份有限公司上海分行
股份代号
公司网址
htp:/w.haichangoceanpark.com
CAYMAN ISLANDS SHARE REGISTRAR
Maples Fund Services (Cayman) Limited
PO Box 1093, Boundary Hal
Cricket Square
Grand Cayman, KY1-1102
Cayman Islands
HONG KONG SHARE REGISTRAR
Tricor Investor Services Limited
17/F, Far East Finance Centre
16 Harcourt Road
Hong Kong
PRINCIPAL BANKS
The Export-Import Bank of China, Shanghai Branch
The Export-Import Bank of China, Liaoning Branch
China Construction Bank Corporation, Shanghai Branch
China Construction Bank Corporation, Sanya Branch
China Construction Bank Corporation,
Dalian Branch
Bank of China Limited, Henan Branch
Industrial and Comercial Bank of China Limited,
Dalian Branch
Industrial and Comercial Bank of China Limited,
Shanghai Branch
Bank of Comunications Co., Ltd., Shanghai Branch
China CITIC Bank Corporation Limited, Dalian Branch
Ping An Bank Co., Ltd., Dalian Branch
Shanghai Pudong Development Bank Co., Ltd.,
Pilot Fre Trade Zone New Area Branch
China Everbright Bank Co., Ltd., Shanghai Branch
Industrial Bank Co., Ltd., Shanghai Branch
Shanghai Rural Comercial Bank Co., Ltd.,
Huangpu Sub-Branch
Zhongyuan Bank Co., Ltd.
Harbin Bank Co., Ltd.
Bank of Dalian Co., Ltd.
Bank of Ningbo Co., Ltd., Shanghai Branch
Bank of Beijing Co., Ltd., Shanghai Branch
China Minsheng Bank Co., Ltd., Shanghai Branch
STOCK CODE
COMPANY WEBSITE
htp:/w.haichangoceanpark.com
2024年度报告 海昌海洋公园控股有限公司
FIVE YEARS’ FINANCIAL SUMARY
五年财务概要
For the year ended 31 December
截至12月31日止年度
2020年2021年2022年2023年2024年
RMB’000RMB’000RMB’000RMB’000RMB’000
人民币千元人民币千元人民币千元人民币千元人民币千元
Results业绩
Revenue收入1,168,2222,460,200792,9881,816,8421,818,358
Gros profit/(los)毛利╱（损）(129,255)721,265(278,728)457,455418,965
Profit/(los) before tax除税前溢利╱（亏损）(1,517,525)1,197,169(1,418,389)(186,104)(760,919)
Income tax (expense)/credit所得税（支出）╱抵免39,071(362,931)9,5314,19711,408
Profit/(los) for the year年内溢利╱（亏损）(1,478,454)834,238(1,408,858)(181,907)(749,511)
EBITDA
未计利息、税项、
折旧及摊销前
盈利╱（亏损）
(429,470)2,170,811(772,957)
507,527165,738
Atributable to:归属于：
Owner of the parent母公司拥有人(1,451,637)844,851(1,395,911)(197,259)(739,719)
Non-controling interests非控股权益(26,817)(10,613)(12,947)15,352(9,792)
Asets and liabilities资产及负债
Total asets总资产16,419,48811,717,35210,210,92511,522,74410,339,553
Cash and cash equivalents现金及现金等值物2,408,1103,206,6581,244,6331,702,26464,738
Short-term interest-bearing
bank and other borowings
短期计息银行
及其他借贷2,769,5471,925,9071,461,2201,403,5351,560,983
Long-term interest-bearing
bank and other borowings
长期计息银行
及其他借贷6,426,1623,268,0613,687,9474,739,3334,337,434
Shareholders’ equity股东权益3,000,3253,830,4692,676,3272,518,3621,815,300
Note:
1. EBITDA means profit/(los) before tax plus depreciation, amortisation
and finance costs
附注：
1. EBITDA指除税前盈利╱（亏损）加回折旧摊
销、财务费用
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
CHAIRMAN’S STATEMENT
主席报告
On behalf of the board (the “Board”) of the directors (the
“Director(s)”) of the Company, I am pleased to present to
shareholders of the Company (the “Shareholders”) the review
of our anual results for the year ended 31 December 2024 (the
“Reporting Period”) and our prospect.
In 2024, we made steady progres in the complex market
environment. Guided by established strategies, we achieved dual
drivers of flagship projects and OAS busines, while making
significant breakthroughs in IP operations. This year, we tok
oceanic culture as the core, adhered to our original aspirations,
forged ahead with inovations, and laid a solid foundation for the
long-term development of the Group.
FLAGSHIP PROJECTS IN SHANGHAI AND
ZHENGZHOU WERE WEL-POSITIONED FOR
FUTURE GROWTH, BECOMING A STRONG
SUPORT FOR PERFORMANCE GROWTH
Shanghai Haichang Ocean Park continued to rank in the top
tier of domestic theme parks, with the highest atendance in
one single day reaching 52,000. The ULTRAMAN-themed hotel
sucesfuly ranked among the Global Top 100 Parent-Children
Hotels. Shanghai Park is located in the cultural-comercial-tourism
industrial cluster of New Lingang Area, which forms industrial
aglomeration efects with a number of wel-known cultural and
tourism experience projects in the vicinity. The ful toping-out
of the main structure of the Phase I Project of Shanghai Park has
ben completed, and the project is expected to oficialy open in
2026.
As a new pole of growth for the Group, Zhengzhou Haichang
Ocean Park recorded outstanding operational performance
throughout the year, with the highest atendance in one single
day reaching 38,000. Zhengzhou Park is located in the industrial
cluster of Zhongmu, a City of Fantasy and Joy, in Zhengzhou,
benefiting from the aglomeration efects. The Phase I Project of
Zhengzhou Park aims to open in 2025, when oceanic overload,
the “kiler whale” wil be introduced to inject new vitality into
tourism & leisure in the Central Plains.
本人谨欣然代表本公司董事（「董事」）会
（「董事会」）向本公司各位股东（「股东」）
提呈我们截至2024年12月31日止年度
（「报告期」）的年度业绩回顾及展望。
2024年，我们在复杂的市场环境中稳健
前行，以既定战略为指引，实现了旗舰
项目与OAS业务的双轮驱动，同时在IP
运营方面取得了显著突破。这一年，我
们以海洋文化为核心，坚守初心，砥砺
创新，为集团的长远发展奠定了坚实基
础。
上海、郑州旗舰项目蓄势待发，
成为业绩增长的有力支撑
上海昌海洋公园继续稳居国内主题公
园第一阵营，实现单日最高客流量5.2
万人次，奥特曼主题酒店成功跻身全球
Top100亲子酒店榜单。上海公园位于临
港新片区文商旅产业聚集区内，与周边
多个知名文旅体验项目形成产业聚集效
应。上海公园二期项目主体结构全面封
顶，预计于2026年正式开业。
郑州海昌海洋公园作为集团的新增长
极，全年运营表现亮眼，实现单日最高
客流量3.8万人次。郑州公园位于郑州中
牟幻乐之城产业集聚区，受益于聚集效
应。郑州公园二期项目力争于2025年开
业，届时将引入海上霸主「虎鲸」，为中
原文旅注入全新活力。
2024年度报告 海昌海洋公园控股有限公司
CHAIRMAN’S STATEMENT
主席报告
OAS轻资产战略快速推进，打
造新的增长曲线
与此同时，在旗舰项目稳步发展的同
时，我们的OAS业务在2024年取得了
显著进展：北京项目完成土地获取；福
州项目已明确由地方国资平台公司主导
投资，负责土地获取及投资建设，海昌
负责项目运营并实现收入并表；沙特项
目开启中国文旅标准的全球化输出进程。
IP运营走出去，拓展多元发展模
式
2024年，我们实现了「IP+文旅」成熟模
式的持续落地，也在探索IP+潮流文化的
拓展方式。我们成功引入东映动画、Line
Friends、熊本熊等国际知名IP，在多个城
市落地IP主题快闪及IP主题零售店，实现
IP+文旅的模式落地。未来，我们将进一
步拓展IP酒店、IP主题馆、IP主题店(FEC)
等业态，打造一个以海洋文化为核心的
国际级IP运营平台。
OAS ASET-LIGHT STRATEGY WAS RAPIDLY
ADVANCING, CREATING A NEW GROWTH
CURVE
At the same time, while the flagship projects were under steady
development, our OAS busines made remarkable progres in
2024: the Beijing Project completed the land acquisition; it was
clear for the Fuzhou Project that a local state-funded company
shal lead the investment and be responsible for the land
acquisition, investment and construction, while Haichang shal be
responsible for project operation and wil consolidate the revenue
from the project into its financial statements; and the Saudi
Arabia Project embarked the global export proces of Chinese
tourism & leisure standards.
IP OPERATION WAS GOING GLOBAL TO
EXPAND DIVERSIFIED DEVELOPMENT MODELS
In 2024, we realized the continuous implementation of the
mature model of “IP + tourism & leisure”, and also explored
an expansion aproach of IP + popular culture. We sucesfuly
introduced internationaly renowned IPs such as Toei Animation,
Line Friends and Kumamon, implemented IP-themed pop-ups
and set up IP-themed retail stores in several cities, realizing the
implementation of the model of IP + tourism & leisure. In the
future, we wil further expand IP hotels, IP-themed pavilions, IP-
themed stores (FEC) and other busines ecosystems to develop a
world-clas IP operation platform with oceanic culture as its core.
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
CHAIRMAN’S STATEMENT
主席报告
Loking forward, the cultural tourism industry wil usher in
the dual oportunities of favorable policies and consumption
recovery. The 2025 Government Work Report elevated “vigorously
revitalizing consumption” to the top priority of its tasks,
and the cultural tourism industry as a key tol for expanding
domestic demand, wil benefit from tax incentives, infrastructure
investment and other policy suport. Benefiting from national
suport policies on the cultural tourism industry, we wil usher
in important development oportunities with great market
potential. From 2025 onwards, our project matrix wil enter the
harvesting period as the Phase I Project of Zhengzhou Park, the
Phase I Project of Shanghai Park and the Beijing Project wil be
implemented sucesively. The Group also has several ongoing
OAS projects, which can bring incremental contributions to
performance growth. We wil continue to enhance our core
competitivenes, seize industry oportunities brought by policies
to stimulate consumption, and achieve sustainable growth,
thereby delivering returns to shareholders and creating greater
value for stakeholders.
APRECIATION
Lastly, on behalf of the Board, I would like to convey my heartfelt
apreciation to al our staf members for their contribution and
devotion. I would also like to expres my sincere gratitude to our
visitors, consumers and al busines asociates for the continued
trust and suport. Our goal is to become an international
large-scale and comprehensive tourism and leisure group by
creating a place filed with “dream, love, joy”!
Yours sincerely,
Qu Naijie
Chairman
30 March 2025
展望未来，文旅行业将迎来政策红利与
消费复苏的双重机遇。2025年政府工作
报告将「大力提振消费」提至工作任务首
位，文旅行业作为扩内需的关键抓手，
将受益于税收优惠、基建投资等政策
支持。受益于国家文旅产业扶持政策，
我们将迎来重要发展机遇，市场前景广
阔。从2025年起，我们的项目矩阵将进
入收获期，郑州公园二期项目、上海公
园二期项目及北京项目将陆续落地；集
团亦拥有若干在推进中的OAS项目，可
持续为业绩增长带来增量贡献。我们将
不断提升自身的核心竞争力，把握促消
费的行业机遇，实现可持续发展，在为
广大股东带来回报的同时为利益相关方
创造更大的价值。
致谢
最后，我谨代表董事向所有员工表示衷
心的感谢，感谢他们的贡献和付出。同
时由衷地感谢我们的游客、消费者以及
所有的合作方，感谢他们一如既往的信
任和支持。我们的目标发展成为以海洋
文化为核心的国际化大型综合文旅集
团，在这里有梦、有爱、有快乐！
主席
曲乃杰
敬启
2025年3月30日
2024年度报告 海昌海洋公园控股有限公司
MANAGEMENT DISCUSION AND ANALYSIS
管理层讨论及分析
Management
Discusion and
Analysis
管理层讨论及分析
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
MANAGEMENT DISCUSION AND ANALYSIS
管理层讨论及分析
BUSINES REVIEW
The Group is a leading group in China specialising in providing
integrated oceanic culture-based tourism and leisure services.
As at 31 December 2024, the Group owned and operated seven
large- and medium-scale marine culture-based tourism and
leisure projects under the brand name of “Haichang” in China.
Leveraging on our acumulated experience and brand influence
in operation of tourism and leisure projects for years, we have
the tourism and leisure capability to externaly deliver the entire
proces of planing, designing, construction, animal conservation,
and operation and management, and have developed our tourism
& leisure services and solutions busines, which has won wide
market recognition. Moreover, in order to improve visitors’
experience in the theme parks and product competitivenes,
we also actively introduced intelectual properties (“IP(s)”) with
influence and have developed our IP operation busines. By
continuous delivery of our tourism and leisure capabilities and
extraordinary IP products acros China, we expect that more
consumers are able to fuly enjoy our wide range of high-quality
culture-based tourism and leisure consumer products. Our goal
is to become a company that alows people to have fun to the
fulest and create a place filed with “dream • love • joy”, which
can continue to satisfy consumers’ demand for high-quality
tourism and leisure products.
业务回顾
本集团是以海洋主题为基础的中国领先
的综合性文旅集团。截至2024年12月31
日，本集团在全国范围内自持并运营7家
以「海昌」为品牌、以海洋文化为主的大
中型文旅项目。通过多年文旅项目运营
经验和品牌影响力的积累，我们开始对
外输出规划、设计、建设、动物保育和
运营管理全流程的文旅能力，形成了文
旅服务及解决方案业务，并得到了广泛
的市场认可。此外，为了提升主题公园
游客体验和产品力，我们还积极引入有
影响力的知识产权（「IP」），形成IP运营业
务。通过持续地将我们的文旅能力和优
秀的IP产品输出到全国各地，我们希望能
让更多的消费者能够充分享受到我们丰
富且高质量的休闲文旅消费产品。我们
的目标是成为一家让大家玩得更好的公
司，希望能打造一个「有梦有爱有快
乐」的地方，不断满足人们对高质量文旅
消费产品的需求。
2024年度报告 海昌海洋公园控股有限公司
MANAGEMENT DISCUSION AND ANALYSIS
管理层讨论及分析
In 2024, benefiting from the comencement of operation of the
Zhengzhou Haichang Ocean Park (“Zhengzhou Park”) for a ful
year, the Group’s revenue increased by aproximately 0.1% to
RMB1,818.4 milion for the twelve months ended 31 December
2024 from RMB1,816.8 milion for the twelve months ended 31
December 2023.
For the twelve months
ended 31 December
截至12月31日止
十二个月
2024年2023年
RMB’000RMB’000
人民币千元人民币千元
Revenue by busines
按业务划分的收入
Park operation1,685,2421,687,376
公园运营
Ticket sales895,153902,753
门票收入
In-park spendings
(Note)
571,323565,664
园内消费
（注）
Rental income33,18025,285
租金收入
Income from hotel operations185,586193,674
酒店收入
Income from tourism & leisure services and solutions133,116129,466
文旅服务及解决方案
Total1,818,3581,816,842
总计
2024年，得益于郑州海昌海洋公园（「郑
州公园」）开始了完整年度运营，集团收
入由截至2023年12月31日止十二个月的
人民币1,816.8百万元增加到截至2024年
12月31日止十二个月的人民币1,818.4百
万元，增长约0.1%。
Note: In-park spendings include revenue from sales of fod and
beverages, sales of merchandises and in-park recreation income.
注： 园内消费包括食品及饮品销售、货品销售
及园内游乐收入。
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
MANAGEMENT DISCUSION AND ANALYSIS
管理层讨论及分析
Park Operation
As at 31 December 2024, the Group owned and operated seven
tourism and leisure projects.
ParkThemeLocation
Year of
openingSite areaScenic rating
公园主题位置开业时间占地面积景区评级
Shanghai Haichang Ocean Park
(“Shanghai Park”)
Polar ocean and
amusement facilities
Shanghai2018Aproximately
297,000 sq. m.
4A
上海昌海洋公园
（「上海公园」）
极地海洋及游乐设施上海2018约29.7万平4A
Zhengzhou ParkPolar ocean and
amusement facilities
Zhengzhou2023Aproximately
425,000 sq. m.
4A
郑州公园极地海洋及游乐设施郑州2023约42.5万平4A
Dalian Haichang Discoveryland
Theme Park (“Discoveryland
Park”)
Amusement facilitiesDalian2006Aproximately
467,000 sq. m.
5A
大连海昌发现王国主题公园
（「发现王国公园」）
游乐设施大连2006约46.7万平5A
Sanya Haichang Fantasy TownImersive cultural and
recreational complex
Sanya2019Aproximately
233,000 sq. m.
To be determined
三亚海昌梦幻海洋不夜城沉浸式文娱综合体三亚2019约23.3万平待定
Dalian Laohutan Ocean ParkPolar oceanDalian2002Aproximately
23,000 sq. m.
5A
大连老虎滩海洋公园极地海洋大连2002约2.3万平5A
Chongqing Haichang
Caribean Water Park
Water parkChongqing2009Aproximately
240,000 sq. m.
4A
重庆海昌加勒比海水世界水上乐园重庆2009约24.0万平4A
Yantai Haichang
Ocean Park
Polar oceanYantai2011Aproximately
157,000 sq. m.
4A
烟台海昌海洋公园极地海洋烟台2011约15.7万平4A
公园运营
截至2024年12月31日，本集团拥有并运
营7家文旅项目。
2024年度报告 海昌海洋公园控股有限公司
MANAGEMENT DISCUSION AND ANALYSIS
管理层讨论及分析
郑州公园于2023年下半年开业并开始贡
献业绩，并在2024年实现完整年度的运
营，抵销了部分由外部环境导致的收入
下降。截至2024年12月31日止年度，
本集团旗下公园入园人次共计约1,079万
人，对比2023年同期增长16.1%。公园
板块收入为人民币1,685.2百万元。
2024年，面对复杂的外部经济环境，我
们的业务也受到了一定影响。在这样的
情况下，我们依然怀着为广大消费者提
供最优质文旅内容的初心，不断提高改
善旗下文旅资产的质量和可玩性。
例如，我们在上海公园成功举办了2024
年中国美人鱼公开赛暨国际精英赛，并
在园内不断推出新颖的「美人鱼演艺」，
提升了我们的品牌知名度和影响力；在
郑州公园，我们打造了「四海昌龘龙腾中
国」、「海洋精灵季」、「极地纳凉节」等节
庆活动，收获诸多好评。郑州公园还在
2024年春节期间冲上抖音游玩本地周榜
TOP1。
The Zhengzhou Park opened in the second half of 2023 and began
contributing to the results, which has realized operation for a ful
year in 2024, ofseting the decrease in revenue partialy resulting
from external environment. For the year ended 31 December
2024, the Group’s parks recorded a total admision atendance of
aproximately 10.79 milion, representing an increase of 16.1% as
compared with the coresponding period of 2023. The revenue of
park operation segment amounted to RMB1,685.2 milion.
In 2024, confronted with complicated external economic
environment, our busines was afected to a certain extent. Under
such circumstances, we stil adhered to our original aspiration
of ofering the most premium tourism & leisure content to
consumers, and continued to enhance and improve the quality
and atractivenes of our tourism & leisure asets.
For example, we sucesfuly hosted the 2024 China Mermaid
Open/International Mermaid Competition (2024年中国美人鱼公开
赛暨国际精英赛) in our Shanghai Park, and continuously launched
novel “Mermaid Show (美人鱼演艺)” at our park, enhancing
our brand awarenes and influence. We also launched “Wish
Prosperity Worldwide and Celebrate the Chinese Year of Long
(四海昌龘龙腾中国)”, “Oceanic Spirit Season (海洋精灵季)”,
“Polar Col Festival (极地纳凉节)” and other festival activities in
the Zhengzhou Park, which have received widespread aclaim. The
Zhengzhou Park was also the Douyin Wekly Top 1 Local Tourism
Destination during the spring festival of 2024.
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
MANAGEMENT DISCUSION AND ANALYSIS
管理层讨论及分析
Our several parks and hotels were listed on the Ctrip Anual
Popularity List • 2024 Asian Top 100 Parent-Children Scenic Areas
and 2024 Global Top 100 Parent-Children Hotels as wel as the
Dianping.com 2024 Tourism Must List and Acomodation Must
List, demonstrating the recognition of the market and consumers
toward us.
Notably, acording to the 2023 Theme Index and Museum Index:
The Global Atractions Atendance Report jointly isued by
AECOM and Themed Entertainment Asociation (TEA) in 2024,
our Shanghai Park ranked among the Top 20 Theme Parks in
the Asia-Pacific region, marking the acquisition of atention and
recognition from international authorities by our brand.
Moreover, we depened the construction of online chanels and
fuly leveraged platform-based resources. For example, we were
comited to the operation of our oficial live stream sesion.
The major live stream sesions of various parks of the Group
ranked, for several times, Top 1 on the Douyin List in terms of
National Hotel and Tourism Industry and Top 1 on the Wekly/
Daily National List in terms of Group Purchase. At present,
Douyin platform has become our largest online sales chanel. Our
“Haichang Babies” also reached a broader customer base, with
Baby Kiler Whale Pangdouding (小虎鲸胖豆丁), Adorable Sea
Lion Xiaoqian (爱笑的海狮小钱) and other animals becoming new
animal celebrities, and the views of several videos about them
exceding 100 milion.
During the period, we sucesfuly bred a total of 39 large
polar marine animals, including 3 cetaceans of one species, 17
pinipeds of five species, 7 Arctic terestrial & cute animals of
two species, 10 penguins of thre species, as wel as 2 sharks and
rays of one species. In adition, we made a breakthrough in the
breding of harbor seals for the first time.
我们旗下多个公园、酒店荣获携程年度
口碑榜•2024亚洲100亲子景点、2024全
球100亲子乐园酒店、大众点评2024必
玩榜、必住榜，体现了市场和消费者对
我们的认可。
值得一提的是，在2024年AECOM联合主
题娱乐协会TEA (Themed Entertainment
Asociation)共同发布《2023年全球主题
公园及景点游客量报告》，我们的上海公
园入围了亚太地区主题公园TOP20，我们
的品牌得到了国际权威的关注和认可。
此外，我们还深化线上渠道建设，充分
撬动平台资源。比如，我们不断发力官
方直播间运营，各公园大场直播多次荣
登抖音全国酒旅行业TOP1、全国团购周
榜╱日榜TOP1等排行。目前，抖音平台
已经成为我们线上销售的第一渠道。我
们的「海昌宝」也持续出圈，「小虎鲸胖
豆丁」、「爱笑的海狮小钱」等成为新流量
明星动物，多条视频曝光量破亿。
期内，我们成功繁育大型极地海洋生物
共计39只╱尾，包括鲸豚类1种3只，鳍
脚类5种17只，北极陆生&萌宠类2种7
只，企鹅类3种10只，鲨鱼&鳐鱼类1种2
尾，首次实现港海豹繁育突破。
2024年度报告 海昌海洋公园控股有限公司
MANAGEMENT DISCUSION AND ANALYSIS
管理层讨论及分析
We continuously devoted ourselves to public welfare events. Our
parks were opened for worldwide families with autistic patients
for fre. We caried out public welfare events such as Public
Companionship Runing (公益融合跑), Autism-Of Public Painting
Exhibition (不孤独公益画展) and Voluntary Visit with Scientific
Interaction (科学互动义诊). Moreover, an injured and stranded
globicephala macrorhynchus was healed and released back to
the sea after 145 days’ dedicated care and protection at Sanya
Haichang Biological Conservation Center, which was the first
sucesful rescue case of its kind in China.
We further strengthened our IP strategy in our park operation
segment. In 2022, we integrated the ULTRAMAN IP into our
Shanghai Park for the first time, and gradualy constructed
and operated ULTRAMAN-themed pavilion and entertainment
area. We continued to further integrate the ULTRAMAN IP into
the Shanghai Park, the Zhengzhou Park and the Discoveryland
Park, which was widely loved by tourists. Our ULTRAMAN-
themed hotel in the Shanghai Park recorded an ocupancy rate
of exceding 70% in 2024 and even 100% from time to time
during holidays and peak seasons. The ULTRAMAN-themed hotel
in the Zhengzhou Park, which opened in January 2024, saw al
roms boked and ocupied during the first wek after opening.
We wil constantly introduce outstanding IPs and promote the
implementation of quality IPs in other theme parks, which wil
greatly expand the revenue potential of our park operation
segment and optimize our revenue structure.
In adition, we continuously review and streamline our tourism
& leisure asets. We started to lease certain tourism & leisure
asets in 2025, the contract of which was signed in 2024, in
order to navigate the adverse short-term market fluctuation with
definite rental. In particular, the leased asets included a water
park and a comercial stret in Chongqing, most of self-operated
comercial strets in Sanya and a hot spring center in Yantai.
我们持续践行公益活动，面向全球孤独
症家庭免费开放，开展「公益融合跑」、
「不孤独公益画展」、「科学互动义诊」等
公益活动。国内首例成功救治的受伤搁
浅短肢领航鲸，在三亚海昌生物保育中
心接受145天细心保育守护恢复健康后，
放归大海。
我们在公园板块深入落实我们的IP战略。
我们于2022年第一次将奥特曼IP融入我
们的上海公园，逐步建设并运营了奥特
曼主题馆及主题娱乐区。持续地，我们
将奥特曼IP深度融合进上海公园、郑州
公园、发现王国公园，受到了游客的广
泛喜爱。我们于上海公园的奥特曼主题
酒店，2024年入住率超过70%，节假日
旺季时常实现100%入住率。在2024年
1月，郑州公园奥特曼主题酒店开业纳
客，开业首周全部预定满房。我们将持
续地引入优秀IP，并推动优质IP在其他主
题公园的落地，这将大拓展公园板块
的收入高度，并优化我们的收入结构。
此外，我们也在不断审视并优化我们的
文旅资产。我们已在2024年签约，于
2025年开始出租部分文旅资产，以确
定性租金来应对短期市场的不利波动，
具体出租的资产包括重庆水公园及商业
街，三亚大部分自营商业街及烟台温泉
馆。
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
MANAGEMENT DISCUSION AND ANALYSIS
管理层讨论及分析
Flagship projects are wel-positioned for future growth
Shanghai Park: The Shanghai Park, being our flagship project,
remains in the top tier of domestic theme parks. Acording to the
2023 Theme Index and Museum Index: The Global Atractions
Atendance Report isued by TEA/AECOM, which are industry
authorities, the Shanghai Park ranked among the Top 20 Theme
Parks in the Asia-Pacific region. During the sub-long holidays
within the period, the Shanghai Park recorded an improvement in
performance as compared to the coresponding periods last year.
Admision atendance during the spring festival reached 270,000,
and the highest atendance in one single day reached 52,000.
In adition, the ULTRAMAN-themed hotel and resort hotel in
the Shanghai Park were listed among the Ctrip 2024 Global Top
100 Parent-Children Hotels. During the period, we sucesfuly
hosted the 2024 China Mermaid Open/International Mermaid
Competition, and we continued to inovate in terms of the
“Mermaid Show” at our park, by which our Shanghai Park was
honored with the “2024 Excelent Theme Park Project Award”.
旗舰项目蓄势待发
上海公园：作为我们的旗舰项目，上海
公园保持国内主题公园第一阵营。根据
业界权威机构TEA/AECOM发布的《2023
年全球主题公园及景点游客量报告》，上
海公园入围亚太地区主题公园TOP20。
期内，各小长假表现超同期，春节入园
人次达27万，单日最高客流量达5.2万人
次。上海公园的奥特曼主题酒店、度假
酒店入选携程2024全球Top100亲子乐园
酒店。期内，成功举办2024中国美人鱼
公开赛暨国际精英赛，园内系列「美人鱼
演艺」持续创新，获评「2024主题公园卓
越项目奖」。
2024年度报告 海昌海洋公园控股有限公司
MANAGEMENT DISCUSION AND ANALYSIS
管理层讨论及分析
Our Shanghai Park is located in the cultural-comercial-tourism
industrial cluster of New Lingang Area, which forms industrial
aglomeration efects with a number of wel-known cultural and
tourism experience projects in the vicinity. With our Shanghai
Park, the Yaoxue Ice World, Shanghai Astronomy Museum, the
Maritime Museum and Dishui Lake as core areas, New Lingang
Area is designed to develop the Shanghai Dishui Lake Tourist
Resort, and has ben recognized as a “Shanghai Municipal
Tourist Resort”. We are expecting such area to become a world-
clas cultural and sports tourism destination and a carier of
international consumption center in Shanghai. Our Shanghai
Park, as a benchmark of marine culture experience, is expected
to become one of the local core destinations of urban leisure and
vacation. To this end, we wil further promote the expansion of
the Shanghai Park to met the neds of more tourists for quality
cultural tourism. The Phase I Project of Shanghai Park – the
Oriental Ocean Project, wil include an ocean discovery center,
an ocean-themed hotel, a ONE PIECE-themed hotel, a hot spring
resort hotel, a hot spring pavilion and parking areas, with a gros
flor area of aproximately 140,000 sq. m. The project is expected
to open in 2026. So far, the toping-out of main structures of al
pavilions and hotels has ben completed.
我们的上海公园位于临港新片区文商旅
产业聚集区内，与周边多个知名文旅体
验项目形成产业聚集效应。临港新片区
是以我们的上海公园、耀雪冰雪世界、
上海天文馆、航海博物馆、滴水湖等区
域为核心，打造上海滴水湖旅游度假
区，并已获评「上海市级旅游度假区」。
我们期待该区域成为世界级文体旅游目
的地和上海国际消费中心城市承载地，
我们的上海公园作为海洋文化体验标
杆，希望成为当地都市休闲度假核心目
的地之一。为此，我们将进一步推进上
海公园扩张，以满足更多的游客对优质
文旅的需求。上海公园二期－东方海洋
项目，将涵盖海洋探索中心、海洋主题
酒店&航海王主题酒店、温泉度假酒店、
温泉馆及停车场，总建筑面积约14万平
方米，预计于2026年开业。目前，所有
场馆及酒店主体结构已封顶完成。
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
MANAGEMENT DISCUSION AND ANALYSIS
管理层讨论及分析
Zhengzhou Park: The newly opened Zhengzhou Park has
become another source of performance growth. During the sub-
long holidays within the period, the Zhengzhou Park achieved
outstanding performance. The Zhengzhou Park was the Douyin
Wekly Top 1 Local Tourism Destination during the spring festival
of 2024. Admision atendance during the May Day Holiday
exceded 165,000, and the highest atendance in one single day
reached 38,000. Al hotels recorded ocupancy rates of 100%
during the sub-long holidays. The ULTRAMAN-themed hotel in
the Zhengzhou Park, which opened in January 2024, saw al hotel
roms boked and ocupied during the first wek after opening.
The ocean-themed show “Met Ocean in Henan” (《豫见海洋》)
presented tourists with an extraordinary audio-visual spectacle and
unprecedented imersion by the seamles fusion of the marine
world and Henan’s long history in the dance of light and shadow.
Zhengzhou Park is located in Zhengzhou, an important national
transportation hub city in the Central Plains. The Zhengzhou City
Circle is listed under the national plan, with two hours of trafic
郑州公园：新开业的郑州公园成为业绩
增长的又一来源。期内，各小长假表现
优秀，2024年春节期间冲上抖音游玩本
地周榜Top1。五一假期入园人次超16.5
万人次，单日最高客流量达3.8万人次，
各小长假期间酒店均满房。2024年1月，
郑州公园奥特曼主题酒店开业纳客，开
业首周酒店客房全部预定满房。海洋大
秀《豫见海洋》在光影变幻间，实现海洋
世界与河南悠久历史的无缝对接，给游
客带来惊艳的视听感受和全新的沉浸观
感。我们的郑州公园位于中原地区重要
的国家交通枢纽城市郑州，郑州都市圈
已被列入国家规划，2小时交通圈可辐射
4.5亿人口，潜在客源市场巨大，且郑州
公园地处中牟－中国主题公园最集中的
「幻乐之城」，与建业电影小镇、郑州方
特旅游度假区、只有河南•戏剧幻城等主
2024年度报告 海昌海洋公园控股有限公司
MANAGEMENT DISCUSION AND ANALYSIS
管理层讨论及分析
circle covering 450 milion people, the potential tourist market is
huge. In adition, Zhengzhou Park is situated at Zhongmu, a “City
of Fantasy and Joy” with the most concentrated theme parks in
China, which forms industrial aglomeration efects with theme
parks such as the Jian Ye Movie Town, the Zhengzhou Fantawild
Tourist Resort and the Unique Henan•Land of Dramas. The
Phase I Project of Zhengzhou Park is planed to cover a total site
area of aproximately 76,000 sq. m., with a gros flor area of
aproximately 32,000 sq. m., and we wil try our best to comence
the operation of the project in 2025. The project includes thre
major themed areas, i.e., the Kiler Whale Theater, the Amusement
Ride Area and the Hapy Water World, comprising 21 individual
structures, 8 large-scale amusement rides and 6 water-based
atractions. Upon completion, the Central Plains wil welcome
its first show of oceanic overload, the “kiler whale”. Moreover,
the project wil acomodate several national and even global
firsts, such as the world’s first multi-level carousel “Century Grand
Carousel”, an upgraded rotating tower “Global Giant Tower”, and
internationaly renowned IP-themed restaurants.
Tourism & Leisure Services and Solutions Segment
Leveraging on our acumulated experience and brand influence
in operation of tourism and leisure projects for years, we have
the tourism and leisure capability to externaly deliver the entire
proces of planing, designing, construction, animal conservation,
and operation and management, and have developed our tourism
& leisure services and solutions busines, which has won wide
market recognition.
题公园形成产业集聚效应。郑州公园二
期规划总占地面积约7.6万平，总建筑面
积约3.2万平，力争2025年内开业运营。
其包括虎鲸剧场、游乐设备区、欢乐海
水世界三大主题区域，共计21个单体，
8台大型游乐设备，6个水中游乐项目。
待建成后，中原地区将首次迎来海上霸
主「虎鲸」；还有全球首创的多层转马「世
纪大转马」、全新升级的旋转塔「环球巨
塔」，及国际知名IP主题餐厅等多个全国
乃至全球首创的内容。
文旅服务及解决方案板块
通过多年文旅项目运营经验和品牌影响
力的积累，我们开始对外输出规划、设
计、建设、动物保育和运营管理全流程
的文旅能力，形成了文旅服务及解决方
案业务，并得到了广泛的市场认可。
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
MANAGEMENT DISCUSION AND ANALYSIS
管理层讨论及分析
Beijing Haichang Ocean Park Project (the “Beijing Project”)
is situated in the cultural tourism zone of Beijing Municipal
Administrative Center (Tongzhou) and is adjacent to Beijing
Universal Studios and near by the exit of Gaoloujin Station on
Subway Line 7. Upon completion, it wil be the first world-clas
large-scale ocean cultural tourism project in Beijing Municipal
Administrative Center and the only large-scale ocean theme park
newly constructed in Beijing after 2000, with a total construction
area of aproximately 150,000 sq. m. and an expected total
investment of aproximately RMB4.2 bilion. Beijing Tongzhou
Urban Construction and Operation Group Co., Ltd.（北京通州
城市建设运行集团有限公司）（“Tongzhou Urban Construction
Group”） shal be responsible for the land acquisition, investment
and construction of the Beijing Project, while Haichang shal
be responsible for the operation and management and wil
consolidate the revenue from the project into its financial
statements. In August 2024, the Group and Tongzhou Urban
Construction Group entered into a coperation agrement, and
we completed the land acquisition for the Beijing Project during
the year. Curently, we are in the proces of design refinement,
and have comenced the construction of foundation works. We
plan to complete the toping-out of the main structure in the
first half of 2026 and comence the trial operation in the first
half of 2027. With the development of the Beijing Municipal
Administrative Center, our Beijing Project wil become a modern
and fashionable tourism destination for the world and a world-
clas tourist resort.
北京海昌海洋公园项目（「北京项目」）位
于北京城市副中心（通州）文化旅游区，
毗邻北京环球影城，位于地铁7号线高楼
金站出口，待建成后，将成为北京城市
副中心首个国际级大型海洋文旅项目，
也是北京市2000年以后唯一个新建的
大型海洋主题公园。北京项目总建筑规
模约15万平米，预计总投资约人民币42
亿元，由北京通州城市建设运行集团有
限公司（「通州城建集团」）负责土地获取
和投资建设；由海昌负责运营管理，并
实现收入并表。2024年8月，本集团与
通州城建集团签订合作协议，年内北京
项目已完成土地获取。目前正在实施设
计深化，已启动基础工程施工，计划于
2026年上半年实现主体结构封顶，并于
2027年上半年开始试运营。我们的北京
项目将配合北京城市副中心进一步成为
面向世界的现代时尚旅游目的地和世界
级旅游度假区。
2024年度报告 海昌海洋公园控股有限公司
MANAGEMENT DISCUSION AND ANALYSIS
管理层讨论及分析
Fuzhou Haichang Ocean Park Project is located in Fuzhou New
Area, Fuzhou. Fuzhou New Area is one of the 19 new areas at
national level. In early 2024, the Group entered into a strategic
coperation framework agrement with Fuzhou New Area
Management Comite, pursuant to which a local state-funded
company shal lead the investment and be responsible for the
land acquisition, investment and construction, while Haichang
shal be responsible for project operation and wil consolidate the
revenue from the project into its financial statements. At present,
we are advancing comercial negotiation, contract planing and
preliminary arangement of the project with a local state-funded
company. We wil implement the execution of relevant contracts
step-by-step. It is expected that the plan design wil be completed
in 2025, and the construction wil comence in 2026.
In adition, our curent major projects under the aset-light model
also include Haichang IP Park in Ningbo Qianwan New District and
Saudi Arabia Haichang Ocean Park, etc. Pipeline projects under
negotiation include projects in Nanjing, Dalian and Chongqing, etc.
福州海昌海洋公园项目位于福州市的福
州新区，福州新区是十九个国家级新区
之一。2024年初本集团与福州新区管
委会签署战略合作框架协议，明确由地
方国资平台公司主导投资，负责土地获
取及投资建设；由海昌负责项目运营且
实现收入并表。目前正与地方国资平台
公司推动商务谈判、合约规划、项目前
期等具体工作，按节奏落实各项合约签
署，预计2025年内完成方案设计，2026
年动工。
除此之外，目前采用轻资产模式的大型
项目还包括宁波前湾新区海昌IP乐园、沙
特阿拉伯海昌海洋公园等，在谈中的储
备项目包括南京、大连、重庆等地。
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
MANAGEMENT DISCUSION AND ANALYSIS
管理层讨论及分析
IP Operation Busines
We have started to shape the landscape of IP operation in the
market segment which we are familiar with. We sek to develop a
world-clas IP operation platform on which we wil, in continued
partnership with owners of globaly influential IPs, comercialise
and integrate such IPs into our theme parks, scenic spots, lifestyle
hotels, comercial buildings and other on-ground consumption
and entertainment premises for the establishment of a new
busines ecosystem with IP + new scenarios.
TypeSize
Year of
opening
类型规模开业时间
Shanghai ParkULTRAMAN-themed
pavilion
2,226 sq.m.July 2022Self-owned
scenic areas
上海公园奥特曼主题馆2,226m
2022年7月自有景区
Shanghai ParkULTRAMAN-themed
hotel
105 romsJanuary 2023Self-owned
scenic areas
上海公园奥特曼主题酒店105间房2023年1月自有景区
Zhengzhou ParkULTRAMAN-themed
pavilion
1,330 sq.m.September 2023Self-owned
scenic areas
郑州公园奥特曼主题馆1,330m
2023年9月自有景区
Zhengzhou ParkULTRAMAN-themed
hotel
105 romsJanuary 2024Self-owned
scenic areas
郑州公园奥特曼主题酒店105间房2024年1月自有景区
Discoveryland ParkULTRAMAN-themed
pavilion
4,147 sq.m.May 2023Self-owned
scenic areas
发现王国公园奥特曼主题馆4,147m
2023年5月自有景区
Shanghai ParkONE PIECE-themed
pavilion
820 sq.m.June 2023Self-owned
scenic areas
上海公园航海王主题馆820m
2023年6月自有景区
Discoveryland ParkONE PIECE-themed
pavilion
1,190 sq.m.June 2023Self-owned
scenic areas
发现王国公园航海王主题馆1,190m
2023年6月自有景区
Dalian Forest ZoULTRAMAN
Snow World
6,728 sq.m.July 2024Non self-owned
scenic areas
大连森林动物园奥特曼冰雪世界6,728m
2024年7月非自有景区
IP运营业务
我们已经在我们熟悉的细分赛道中初步
建立IP运营的版图。我们希望打造一个国
际级IP运营平台，通过持续与全球有影响
力的IP合作，将IP商品化与主题公园、景
区、生活方式酒店、商业物业等地面消
费娱乐场景融合，实现IP+新场景的新业
态。
2024年度报告 海昌海洋公园控股有限公司
MANAGEMENT DISCUSION AND ANALYSIS
管理层讨论及分析
In adition to theme parks, we found in our operation that resort
hotel is an important carier for the implementation of IPs. In the
future, we wil focus on the development of the busines line of
IP hotels. Moreover, we wil also explore IP products in diferent
forms such as IP-themed pavilions, IP-themed stores (FEC), IP pop-
up shops, IP events and carnivals. During the period, we not only
realized the continuous implementation of the mature model of IP
+ tourism & leisure, but also explored an expansion aproach of IP
+ popular culture. For instance, we sucesfuly implemented Toei
Animation-themed pop-up events at Beijing Joycity and Shenzhen
Yitian Holiday Plaza, realizing the implementation of IP-themed
pop-up events; and set up IP-themed retail stores in several cities,
covering IPs such as Line Friends, Kumamon and Mini World, to
expand its diversified development model.
除了主题公园外，我们在运营中发现度
假酒店是IP落地的一个重要载体，未来我
们会著重拓展IP酒店这条业务线。此外，
我们也会探索IP主题馆、IP主题店(FEC)、
IP快闪店、IP赛事及嘉年华等不同形态的
IP产品。期内，我们不仅实现IP+文旅的
成熟模式不断落地，也在探索IP+潮流文
化的拓展方式，比如，我们成功在北京
大悦城及深圳益田假日广场落地东映动
画主题快闪活动，实现IP主题快闪活动的
落地；并在多个城市落地IP主题零售店，
落地的IP包括Line Friends、熊本熊及迷
你世界，拓展多元发展模式。
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
MANAGEMENT DISCUSION AND ANALYSIS
管理层讨论及分析
OUTLOK
With the Chinese government’s heightened focus on cultural
and tourism consumption, a number of policies to stimulate
consumption have ben isued intensively, creating unprecedented
development oportunities for the cultural and tourism industry.
Since 2024, from the Smart Tourism Inovation and Development
Action Plan (《智慧旅游创新发展行动计划》) to the Opinions on
Promoting High-Quality Development of Service Consumption
(《关于促进服务消费高质量发展的意见》), a series of policies
have formed a multi-pronged strategy of “bosting demand
+ inovating suply + optimizing environments”, providing
robust suport for inovation and development of cultural and
tourism enterprises. In adition, the 2025 Government Work
Report elevated “vigorously revitalizing consumption” to the
top priority of its tasks, further underscoring the pivotal role of
cultural and tourism consumption in driving high-quality economic
development. Meanwhile, the goal of cultivating the cultural
and tourism industry as a pilar industry has ben integrated into
top-level planing. The implementation of these policies wil not
only help restore consumer confidence and purchasing power
but also invigorate tourism consumption, propel the high-quality
development of the cultural and tourism industry, and lay a solid
policy foundation while unlocking vast market potential for our
future development.
未来展望
随著国家对文旅消费的高度重视，多项
促消费政策密集出台，为文旅行业带来
了前所未有的发展机遇。2024年以来，
从《智慧旅游创新发展行动计划》到《关于
促进服务消费高质量发展的意见》，一系
列政策形成了「提振需求+供给创新+优
化环境」的组合拳，为文旅企业的创新和
发展提供了坚实的支持。2025年政府工
作报告将「大力提振消费」提至工作任务
首位，进一步凸显了文旅消费在推动经
济高质量发展中的重要作用。同时，把
文化旅游业培育成为支柱产业也被纳入
顶层设计。这些政策的实施，不仅有助
于修复消费者的信心和能力，更将激发
旅游消费活力，推动文旅行业的高质量
发展，为我们未来的发展提供了坚实的
政策基础和广阔的市场空间。
2024年度报告 海昌海洋公园控股有限公司
MANAGEMENT DISCUSION AND ANALYSIS
管理层讨论及分析
Against this industry backdrop, we wil firmly implement our
existing development strategy, and are comited to becoming
an international comprehensive tourism and leisure group with
oceanic culture as its core. In the short term, in the folowing
two years, the opening of Shanghai Park Phase I and Zhengzhou
Park Phase I wil provide definite suport for performance
growth. We wil continue to forge a new engine for future
development through an OAS + IP operational model, providing
comprehensive services and solutions for pavilions, tourism
and leisure projects with oceanic characteristics, and ocean
resorts acros regions. In the medium term, we wil implement
two large-scale aset-light theme park projects in Beijing and
Fuzhou. Through a busines model where our partners shal be
responsible for the land acquisition, investment and construction
while Haichang shal be responsible for project operation and
would consolidate the revenue from the project into its financial
statements, we wil rapidly advance OAS busines. Moreover,
we wil continue to introduce internationaly renowned IPs to
empower the operation of theme parks and OAS busines, so as
to further strengthen the Company’s market competitivenes by
integration of IPs into various leisure and entertainment scenarios
and consumption sectors, covering sectors such as IPs + hotels,
pavilions, gods, catering, shows and exhibitions. In the long
term, we have several ongoing OAS projects.
在这样的行业背景下，我们将坚定地实
施既定的发展战略，致力于成为以海洋
文化为核心的国际化综合文旅集团。短
期来看，未来两年，随著上海公园二
期和郑州公园二期的开业，将为业绩
增长提供确定性支持。我们将持续通
过OAS+IP运营模式构筑未来发展的新
引擎，为各地海洋馆、海洋特色文旅项
目、海洋度假区项目等提供全方位的服
务和解决方案。中期来看，我们将在北
京及福州分别落地两个大型轻资产主题
公园项目，通过由合作方负责土地获取
及投资建设、由海昌负责项目运营且实
现收入并表的商业模式，快速推进OAS
业务。我们还将持续引入国际知名IP，赋
能主题公园运营和OAS业务，以IP融合
各类休闲度假娱乐场景以及消费业态，
涵盖IP+酒店、场馆、商品、餐饮、演
艺、展览等多个领域，进一步提升公司
的市场竞争力。长期来看，我们拥有若
干在推进中的OAS项目。
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
MANAGEMENT DISCUSION AND ANALYSIS
管理层讨论及分析
The folowing are our next new projects with high visibility:
Type
Expected year
of opening
类型预期开业
Phase I Project of Zhengzhou Haichang Ocean ParkTheme park2025Self-owned and operated
by Haichang
郑州海昌海洋公园二期项目主题公园2025海昌自有并运营
Shanghai Park Phase I – Oriental Ocean ProjectTheme park2026Operated by Haichang
上海公园二期－东方海洋项目主题公园2026海昌运营
Beijing Haichang Ocean Park ProjectTheme park2027Operated by Haichang
北京海昌海洋公园项目主题公园2027海昌运营
Fuzhou Haichang Ocean Park ProjectTheme park2028Operated by Haichang
福州海昌海洋公园项目主题公园2028海昌运营
Haichang IP Park Project in Ningbo Qianwan
New Area
Theme park2029Operated by Haichang
宁波前湾新区海昌IP乐园项目主题公园2029海昌运营
Saudi Arabia Haichang Ocean Park ProjectTheme parkBy 2030Operated by Haichang
沙特阿拉伯海昌海洋公园项目主题公园2030之前海昌运营
We believe, through the aforementioned strategic initiatives, we
wil continue to enhance our core competitivenes, seize industry
oportunities brought by policies to stimulate consumption,
and achieve sustainable growth, thereby delivering returns to
shareholders and creating greater value for stakeholders.
以下是我们接下来能见度较高的新项目：
相信通过上述战略举措，我们不断提升
自身的核心竞争力，把握促消费的行业
机遇，实现可持续发展，在为广大股东
带来回报的同时为利益相关方创造更大
的价值。
2024年度报告 海昌海洋公园控股有限公司
MANAGEMENT DISCUSION AND ANALYSIS
管理层讨论及分析
FINANCIAL REVIEW
Revenue
For the year ended 31 December 2024, the Group recorded
a turnover of aproximately RMB1,818.4 milion (2023:
aproximately RMB1,816.8 milion), representing an increase of
aproximately 0.1% when compared with last year, primarily
atributable to the contribution of ful-year results of the
Zhengzhou Park, and the increase in the number of OAS
projects, ofseting the decrease in revenue partialy resulting from
external adverse impact.
As at 31 December
截至12月31日
2024年2023年
RMB’000%RMB’000%
人民币千元%人民币千元%
Revenue by busines
按业务划分的收入
Park operations
公园运营1,685,24292.7%1,687,37692.9%
Tourism & leisure services and solutions
文旅服务及解决方案133,1167.3%129,4667.1%
Total
总计1,818,358100.0%1,816,842100.0%
Revenue generated from the Group’s park operations segment
decreased by aproximately 0.13% from aproximately
RMB1,687.4 milion in 2023 to aproximately RMB1,685.2 milion
in 2024.
Revenue generated from the Group’s tourism and leisure services
and solutions segment increased by aproximately 2.8% from
aproximately RMB129.5 milion in 2023 to aproximately
RMB133.1 milion in 2024, primarily atributable to the increase in
number of projects that we provided solutions for.
财务回顾
收入
截至2024年12月31日止年度，本集团录
得营业额约人民币1,818.4百万元（2023
年：约人民币1,816.8百万元），较上年
度增长约0.1%，主要由于郑州公园贡献
全年业绩，OAS项目增加，抵销了部分
因外部不利影响带来的收入下降所致。
来自本集团公园营运分部的收入由2023
年约人民币1,687.4百万元降低约0.13%
至2024年约人民币1,685.2百万元。
来自本集团文旅服务及解决方案分部的
收入由2023年约人民币129.5百万元上
升约2.8%至2024年约人民币133.1百万
元，主要由于解决方案项目增加所致。
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
MANAGEMENT DISCUSION AND ANALYSIS
管理层讨论及分析
Cost of Sales
The Group’s cost of sales increased by aproximately 2.9% from
aproximately RMB1,359.4 milion in 2023 to aproximately
RMB1,399.4 milion in 2024, which is atributable to the
coresponding increase in cost as a result of the newly opened
Zhengzhou Park experiencing its first complete operating year in
2024.
Gros Profit
For the year ended 31 December 2024, the Group’s overal gros
profit was aproximately RMB419.0 milion (2023: gros profit
of aproximately RMB457.5 milion), with an overal gros profit
margin of aproximately 23.0% (2023: gros profit margin of
aproximately 25.2%), primarily atributable to the coresponding
increase in cost as a result of the newly opened Zhengzhou Park
experiencing its first complete operating year in 2024.
Other Income and Gains
The Group’s other income and gains decreased by aproximately
66.1% from aproximately RMB306.5 milion in 2023 to
aproximately RMB103.8 milion in 2024, primarily due to the
absence of gain on disposal of a related company and dividend
income from financial asets during the period.
Seling and Marketing Expenses
The Group’s seling and marketing expenses increased by
aproximately 22.3% from aproximately RMB139.2 milion
in 2023 to aproximately RMB170.2 milion in 2024, primarily
atributable to the coresponding increase in seling and
marketing expenses as a result of the newly opened Zhengzhou
Park experiencing its first complete operating year in 2024.
Administrative Expenses
The Group’s administrative expenses increased by aproximately
53.1% from aproximately RMB469.8 milion in 2023 to
aproximately RMB719.3 milion in 2024, primarily due to the
increase in administrative expenses in Zhengzhou and one-of
impairment of RMB190.4 milion.
销售成本
本集团的销售成本由2023年约人民币
1,359.4百万元，提升约2.9%至2024年
约人民币1,399.4百万元，乃由于新开业
的郑州公园在2024年经历第一个完整运
营年度，成本相应增加所致。
毛利
截至2024年12月31日止年度，本集团的
整体毛利约为人民币419.0百万元（2023
年：毛利约人民币457.5百万元），整体
毛利率约为23.0%（2023年：毛利率约
25.2%），主要由于由于新开业的郑州公
园在2024年经历第一个完整运营年度，
成本相应增加导致。
其他收入及收益
本集团其他收入及收益由2023年约人民
币306.5百万元，减少约66.1%至2024
年的约人民币103.8百万元，主要由于期
内未产生出售一间关联公司收益以及金
融资产股息收入所致。
销售及市场推广开支
本集团的销售及市场推广开支由2023年
约人民币139.2百万元，增加约22.3%至
2024年的约人民币170.2百万元，主要由
于新开业的郑州公园在2024年经历第一
个完整运营年度，销售及市场推广开支
相应增加所致。
行政费用
本集团的行政费用由2023年约人民币
469.8百万元，增加约53.1%至2024年
约人民币719.3百万元，主要是由于郑州
行政费用增加，以及一次性减值人民币
190.4百万元所致。
2024年度报告 海昌海洋公园控股有限公司
MANAGEMENT DISCUSION AND ANALYSIS
管理层讨论及分析
Finance Costs
The Group’s finance costs increased by aproximately 1.4%
from aproximately RMB322.6 milion in 2023 to aproximately
RMB346.5 milion in 2024, primarily due to the higher amount of
interest capitalized in 2023.
Income Tax Credit
The Group recorded an income tax credit of aproximately
RMB4.2 milion in 2023 and a credit of aproximately RMB11.4
milion in 2024, primarily due to the efect of defered income
tax.
Los for the Year
As a result of the foregoing, the Group realized a los for the
year ended 31 December 2024 of aproximately RMB749.5
milion (2023: los of aproximately RMB181.9 milion). For the
same period, los atributable to owners of the parent amounted
to aproximately RMB739.7 milion (2023: los atributable to
owners of the parent of aproximately RMB197.3 milion).
财务成本
本集团的财务成本由2023年约人民币
322.6百万元，增加约1.4%至2024年的
约人民币346.5百万元，主要由于2023
年较多利息资本化的影响所致。
所得税抵免
本集团于2023年录得所得税抵免约人民
币4.2百万元，2024年则录得抵免约人民
币11.4百万元，主要由于递延所得税影
响所致。
年内亏损
由于上文所述原因，本集团于截至2024
年12月31日止年度实现亏损约人民币
749.5百万元（2023年：亏损约人民币
181.9百万元）。于同期间，母公司拥有
人应占亏损约人民币739.7百万元（2023
年：母公司拥有人应占亏损约人民币
197.3百万元）。
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
MANAGEMENT DISCUSION AND ANALYSIS
管理层讨论及分析
非国际财务报告准则计量
为补充本集团按照国际财务报告准则呈
列的合并财务报表，本集团将经调整
EBITDA利润╱（亏损）作为额外财务计
量。本集团呈列该等财务计量乃由于本
集团管理层使用该等财务计量，透过撇
除于报告期本集团认为对本集团表现不
具指示性的若干项目的影响以评估本集
团的财务表现。本集团亦认为此非国际
财务报告准则计量为投资者及其他人士
提供额外资料，有助于彼等与本集团管
理层采用同样方式理解并评估本集团经
营业绩。该非国际财务报告准则为投资
者提供公正的陈述以理解。然而此非国
际财务报告准则计量并未具有国际财务
报告准则规定的标准化涵义，因此可能
与其他在香港联合交易所有限公司（「联
交所」）上市的公司所呈列的类似措施不
具可比性。
Non-IFRSs Measure
In order to suplement the Group’s consolidated financial
statements, which are presented in acordance with IFRSs, the
Group uses adjusted EBITDA profit/(los) as an aditional financial
measure. The Group presents the financial measure because it
is used by the Group’s management to evaluate the Group’s
financial performance by eliminating the impact of certain items
that the Group does not consider to be indicative of the Group’s
performance during the Reporting Period. The Group also believes
that the non-IFRSs measure provides aditional information to
investors and others in their understanding and evaluating the
Group’s results of operations in the same maner as it helps
the Group’s management. The non-IFRSs measure provides an
unbiased presentation for investors for understanding. However,
the non-IFRSs measure does not have the standardized meaning
prescribed by IFRSs and therefore it may not be comparable to
similar measures presented by other companies listed on The
Stock Exchange of Hong Kong Limited (the “Stock Exchange”).
2024年度报告 海昌海洋公园控股有限公司
MANAGEMENT DISCUSION AND ANALYSIS
管理层讨论及分析
Adjusted EBITDA Profit
For the year ended 31 December 2024, adjusted EBITDA profit
was RMB165.7 milion (2023: aproximately RMB507.5 milion),
representing a decrease of aproximately 67.3% as compared
with the previous year, primarily atributable to the year-on-year
decrease in revenue of some parks and the decrease in other
income and gains.
The folowing table sets out the adjustments of adjusted EBITDA
for the periods indicated:
2024年2023年
RMB’000RMB’000
人民币千元人民币千元
Earnings/(los) before interest and tax(415,090)102,282
息税前利润╱（亏损）
– Depreciation and amortization
－折旧摊销390,467405,245
– Impairment of property, plant and equipment and
intangible asets
－物业、厂房及设备以及无形资产减值190,361–
– Impairment of completed properties held for sale
－持作出售的已落成物业减值–
Adjusted EBITDA profit
调整后EBITDA利润165,738507,527
Capital Expenditure
Our major capital expenditure was primarily incured for park
construction, park renovation and facility upgrade. We funded our
capital expenditure from our internal resources, bank borowings
and leases. For the years ended 31 December 2023 and 2024, the
Group’s capital expenditure amounted to RMB1,317.4 milion and
RMB798.3 milion, respectively.
经调整EBITDA利润
截至2024年12月31日止年度经调整后
EBITDA盈利为人民币165.7百万元（2023
年：约人民币507.5百万元），较上年下
降约67.3%，主要是部分公园收入同比
下降以及其他收入及收益的下降所致。
下表为呈列期间经调整EBITDA的调节：
资本开支
我们的主要资本开支包括公园建设、公
园改造及设备更新。我们的资本开支资
金来源于我们的内部资源、银行借款及
租赁。截至2023年及2024年12月31日
止年度本集团资本开支金额分别为人民
币1,317.4百万元及人民币798.3百万元。
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
MANAGEMENT DISCUSION AND ANALYSIS
管理层讨论及分析
Liquidity and Financial Resources
As at 31 December 2024, the Group had curent asets
of aproximately RMB487.7 milion (2023: aproximately
RMB2,718.1 milion). As at 31 December 2024, the Group had
cash and bank deposits of aproximately RMB64.7 milion (2023:
aproximately RMB1,702.3 milion).
Total equity of the Group as at 31 December 2024 was
aproximately RMB1,815.3 milion (2023: aproximately
RMB2,518.4 milion). As at 31 December 2024, total interest-
bearing bank and other borowings of the Group amounted
to aproximately RMB5,748.4 milion (2023: aproximately
RMB6,142.9 milion). As at 31 December 2024, total lease
liabilities of the Group amounted to aproximately RMB295.3
milion (2023: aproximately RMB156.1 milion).
As at 31 December 2024, the Group had a net gearing ratio of
aproximately 329.4% (as at 31 December 2023: aproximately
182.5%). The net liabilities of the Group included interest-bearing
bank and other borowings and lease liabilities, les cash and cash
equivalents.
Based on the above figures, as wel as the Group’s ongoing
renewals with banks and coperation with potential investors, the
Group is in a position to met its future comitments and future
investments for expansion. The Board believes that the existing
financial resources wil be suficient to execute future expansion
plans of the Group and the Group wil be able to obtain
aditional financing on favourable terms as and when necesary.
流动资金及财务资源
于2024年12月31日，本集团的流动资
产约为人民币487.7百万元（2023年：
约人民币2,718.1百万元）。于2024年12
月31日，本集团的现金及银行存款约为
人民币64.7百万元（2023年：约人民币
1,702.3百万元）。
于2024年12月31日，本集团总权益约
为人民币1,815.3百万元（2023年：约人
民币2,518.4百万元）。于2024年12月
31日，本集团的计息银行及其他借款总
额约为人民币5,748.4百万元（2023年：
约人民币6,142.9百万元）。于2024年12
月31日，本集团的租赁负债总额约为人
民币295.3百万元（2023年：约人民币
156.1百万元）。
于2024年12月31日，本集团的净负债比
率约为329.4%（于2023年12月31日：
约182.5%）。本集团净负债包括计息银
行及其他借款及租赁负债，减现金及现
金等值物。
基于上述数字显示以及本集团进行中的
银行续借及潜在投资者合作等事宜，本
集团可应付其未来承担及未来投资以进
行扩展。董事会相信，现有财务资源将
足够让本集团执行未来扩展计划，而于
有需要时，本集团亦能够按有利条款获
取额外融资。
2024年度报告 海昌海洋公园控股有限公司
MANAGEMENT DISCUSION AND ANALYSIS
管理层讨论及分析
CAPITAL STRUCTURE
The share capital of the Company comprised only ordinary shares
for the year ended 31 December 2024.
CONTINGENT LIABILITIES
Certain supliers of the Group filed claims against the Group
for overdue payments. As at 31 December 2024, certain bank
acounts of the Group of RMB11,464,000 were frozen. The
Directors have made ful provision for payments due to the
posibility of the Group taking setlement responsibility on the
basis of the available evidence and legal advice taken. Saved as
disclosed above, the Group have no material contingent liabilities.
FOREIGN EXCHANGE RATE RISK
The Group mainly operates in the PRC. Other than bank deposits
denominated in foreign curencies, the Group is not exposed
to any material risk related to fluctuations in foreign exchange
rates. The Directors do not expect any material adverse efect on
the operation of the Group arising from any fluctuation in the
exchange rate of RMB.
资本架构
截至2024年12月31日止年度，本公司的
股本仅由普通股组成。
或然负债
本集团若干供应商就到期未支付的付款
对本集团提出索偿。于2024年12月31
日，本集团若干银行账户涉款人民币
11,464,000元被冻结。基于现有证据及
已听取法律意见，考虑到本集团须承担
付款责任的可能性，董事已就付款作全
数拨备。除上文所披露者外，本集团概
无重大或然负债。
外汇率风险
本集团主要在中国营业。除以外币计值
的银行存款外，本集团并无面对任何有
关外汇率波动的重大风险。董事预期
人民币汇率的任何波动对本集团之运营
不会有重大不利影响。
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
MANAGEMENT DISCUSION AND ANALYSIS
管理层讨论及分析
CAPITAL COMITMENTS
For the year ended 31 December 2024, the Group had capital
comitments of aproximately RMB715.8 milion (2023: RMB643.6
milion), which shal be funded through a variety of means,
including cash generated from operations, bank financing, etc.
STAF POLICY
As at 31 December 2024, the Group had a total of 3,267 ful-
time employes (2023: 3,725 ful-time employes). The Group
ofers a comprehensive and competitive remuneration, retirement
scheme and benefit packages to its employes. Discretionary
bonus is ofered to the Group’s staf depending on their work
performance. The Group and its employes are required to make
contributions to social insurance schemes including the pension
insurance and unemployment insurance at the rates specified in
relevant laws and regulations.
The Group sets its emolument policy with reference to the
prevailing market conditions and individual performance and
experience.
\SIGNIFICANT INVESTMENTS HELD,
MATERIAL ACQUISITIONS AND DISPOSALS
OF SUBSIDIARIES, ASOCIATES AND JOINT
VENTURES
Save as disclosed in this anual report, during the year ended
31 December 2024, the Group did not have any significant
investments, material acquisitions or disposals of subsidiaries,
asociates or joint ventures.
FUTURE PLANS FOR MATERIAL INVESTMENTS
AND CAPITAL ASETS
Save as disclosed in this anual report, during the year ended 31
December 2024, the Group did not have other plans for material
investments or capital asets.
资本承担
截至2024年12月31日止年度，本集团的
资本承担约为人民币715.8百万元（2023
年：人民币643.6百万元），资金将来自
营运产生的现金、银行融资等多个渠道。
雇员政策
于2024年12月31日，本集团合共有
3,267名全职雇员（2023年：3,725名全
职雇员）。本集团向其雇员提供全面而具
吸引力的薪酬、退休计划及福利待遇，
亦会按本集团员工的工作表现而酌情发
放奖金。本集团与其雇员须按有关法律
及法规列明的比率向社会保险计划（包括
养老保险和失业保险）供款。
本集团根据当时市况及个人表现与经
验，厘定薪酬政策。
所持重大投资、附属公司、联
营公司及合营企业的重大收购
及出售
除本年报所披露者外，截至2024年12月31
日止年度内，本集团并无任何重大投资、
附属公司、联营公司或合营企业的重大收
购或出售。
未来作重大投资或购入资本资
产的计划
除本年报所披露者外，截至2024年12月31
日止年度内，本集团并无其他作重大投资
或购入资本资产的计划。
2024年度报告 海昌海洋公园控股有限公司
MANAGEMENT DISCUSION AND ANALYSIS
管理层讨论及分析
BREACH OF A LOAN AGREMENT
On 18 November 2024, the Company received an Overdue Loan
(Advance) Colection Notice from a bank in the People’s Republic
of China, which aleged that the debts under a loan agrement
entered into by the said bank and several other banks (the
“Creditors”) with a wholy-owned subsidiary of the Company
(the “Subsidiary”), including loan principal of RMB50,000,000
and interest of RMB13,803,407.52 (the “Loan”) have become
due on 17 November 2024, and the Subsidiary has not repaid the
Creditors the due amounts.
As of the date of this report, the Loan has ben repaid. The
Company does not expect the incident to result in any breach of
other subsisting loan agrements and/or banking facilities entered
into by the Group.
违反贷款协议
本公司于2024年11月18日收到中华人民
共和国一家银行的一份《逾期贷款（垫款）
催收通知书》，通知书称该银行及其他多
家银行（「贷款人」）与本公司一家全资子
公司（「该子公司」）签订的贷款合同项下
债务，包括人民币50,000,000元的贷款
本金及人民币13,803,407.52元利息（「贷
款」）于2024年11月17日到期，该子公司
尚未向贷款人偿还到期应付款项。
截至本报告日，该笔贷款已经偿还。本
公司预计该事件暂时并不会导致本集团
订立的其他现存贷款协议及╱或银行融
资违约。
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
DIRECTORS AND SENIOR MANAGEMENT
董事及高级管理层
Directors
and Senior
Management
董事及高级管理层
2024年度报告 海昌海洋公园控股有限公司
DIRECTORS AND SENIOR MANAGEMENT
董事及高级管理层
AN OVERVIEW OF DIRECTORS AND SENIOR
MANAGEMENT
The Board curently consists of nine Directors, thre of whom
are independent non-executive Directors. The Directors were
apointed by the Board. Acording to the articles of asociation
of the Company (the “Articles of Asociation”), not les than
one-third of the Directors must retire from ofice by rotation
at an anual general meting provided that every Director is
subject to retirement by rotation at least once every thre years
and any Director apointed by the Board either to fil a casual
vacancy or as an adition to the Board wil hold ofice until the
next folowing general meting of the Company after his/her
apointment.
The Board is responsible and has general powers for the
management and conduct of the Company’s busines. The
folowing table sets out certain information concerning the
Directors during the year ended 31 December 2024:
董事及高级管理层概览
董事会现时包括九名董事，其中三名为
独立非执行董事。各董事均由董事会委
任。根据本公司之组织章程细则（「章程
细则」），不少于三分之一董事须于股东
周年大会上轮值退任，惟每名董事均须
每三年最少轮值退任一次，而获董事会
委任以填补临时空缺或作为新增董事会
名额的任何董事之任期直至其获委任后
本公司举行下一次股东大会为止。
董事会负责本公司业务之管理及开展，
并对此具有全面权力。下表载列于截至
2024年12月31日止年度有关董事的若干
资料：
NameAge
Date of
apointment(s)
Other Position/title, job responsibilities and
relationship with other Directors
姓名年龄获委任日期其他职位╱职衔、职责及与其他董事的关系
Executive Directors 执行董事
Qu Naijie645 January 2022Chief Executive Oficer, chairman of the Board and chairman of
the nomination comite of the Company (the “Nomination
Comite”)
Primarily responsible for the overal management of the Group
Father of Mr. Qu Cheng
曲乃杰2022年1月5日
行政总裁、董事会主席及本公司提名委员会（「提名委员会」）主席
主要负责本集团的全面管理工作
曲程先生的父亲
Qu Cheng3725 May 2016Mainly participates in discusion of corporate development strategies
and project investment and other busineses
Son of Mr. Qu Naijie
曲程2016年5月25日
主要参与企业发展策略讨论、项目投资等方面业务
曲乃杰先生的儿子
Li Kehui5117 November 2023Senior Vice President
高级副总裁李珂晖2023年11月17日
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
DIRECTORS AND SENIOR MANAGEMENT
董事及高级管理层
NameAge
Date of
apointment(s)
Other Position/title, job responsibilities and
relationship with other Directors
姓名年龄获委任日期其他职位╱职衔、职责及与其他董事的关系
Non-executive Directors 非执行董事
Wang Xuguang565 January 2022A member of the remuneration comite of the Company (the
“Remuneration Comite”)
Primarily responsible for overal strategic planing and overseing the
general corporate, financial and compliance afairs of the Group
王旭光2022年1月5日
本公司薪酬委员会（「薪酬委员会」）成员
主要负责整体策略规划及监督本集团一般企业、财务及合规事宜
Go Toutou
(Former name
Wu Tongtong)
453 July 2023
2023年7月3日
Primarily responsible for strategic planing and overseing the general
corporate, financial and compliance afairs of the Group
主要负责策略规划及监督本集团一般企业、财务及合规事宜
Go Toutou
（前称吴桐）
Yuan Bing5624 August 2012Chairman of the risk management and corporate governance comite
of the Company (the “Risk Management and Corporate
Governance Comite”)
Primarily responsible for strategic planing and overseing the general
corporate, financial and compliance afairs of the Group
袁兵2012年8月24日
本公司风险管理及企业管治委员会（「风险管理及企业管治委员会」）主席
主要负责策略规划及监督本集团一般企业、财务及合规事宜
2024年度报告 海昌海洋公园控股有限公司
DIRECTORS AND SENIOR MANAGEMENT
董事及高级管理层
NameAge
Date of
apointment(s)
Other Position/title, job responsibilities and
relationship with other Directors
姓名年龄获委任日期其他职位╱职衔、职责及与其他董事的关系
Independent Non-executive Directors 独立非执行董事
Zhu Yuchen649 June 2023Chairman of the audit comite of the Company (the ”Audit
Comite”) and a member of the Remuneration Comite, Risk
management and Corporate Governance Comite and independent
board comite of the Company (the “Independent Board
Comite”)
Primarily responsible for supervising and providing independent
judgment to the Board
朱玉辰2023年6月9日
本公司审核委员会（「审核委员会」）主席及薪酬委员会、风险管理及企业管
治委员会及本公司独立董事委员会（「独立董事委员会」）成员
主要负责监督董事会及为其提供独立判断
Wang Jun6819 December 2019Chairman of the Remuneration Comite, Independent Board
Comite and a member of the Audit Comite, Risk Management
and Corporate Governance Comite and Nomination Comite
Primarily responsible for supervising and providing independent
judgment to the Board
王军2019年12月19日
薪酬委员会、独立董事委员会主席、审核委员会、风险管理及企业管制委
员会及提名委员会成员
主要负责监督本公司董事会及为其提供独立判断
Shen Han4931 October 2023A member of the Audit Comite, Nomination Comite and
Independent Board Comite
Primarily responsible for supervising and providing independent
judgment to the Board
沈涵2023年10月31日
审核委员会、提名委员会及独立董事委员会成员
主要负责监督董事会及为其提供独立判断
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
DIRECTORS AND SENIOR MANAGEMENT
董事及高级管理层
EXECUTIVE DIRECTORS
Qu Naijie, aged 64, the founder and chief executive oficer of
the Company who has over 30 years of experience in corporation
management and operations. He comenced oil trading and
marine transportation busineses in 1992, and set up Dalian
Haichang (Group) Co., Ltd. in 1998. In 1999, the Group taped
into the theme park industry in China under the leadership of Mr.
Qu. In 2002, Mr. Qu led the construction and operation of Polar
Aquarium in Dalian Laohutan Ocean Park, the first polar aquarium
in China. The project was rated as a national 5A tourist atraction
by China National Tourism Administration (CNTA) in June 2007.
Since 2002, Mr. Qu has further led the construction and operation
of 11 diferent kinds of cultural tourism projects in various
major cities nationwide, which has promoted the development
of theme park industry in China. In May 2015, Mr. Qu received
“China’s Outstanding Contribution Award for Tourism Industry –
Feima Award (中国旅游产业杰出贡献奖(飞马奖)”, an award first
set up and granted by CNTA. He was apointed as a member
of the Board of the Company in November 2011, has acted as
the chairman of the Board and a non-executive Director of the
Company since February 2014 and has acted as the chairman of
the Board, an executive Director and the chief executive oficer of
the Company since January 2022.
Mr. Qu was apointed as a director of Haichang Holdings (Asia)
Ltd. (“Haichang Asia BVI”) and Haichang Holdings (Hong Kong)
Limited (“Haichang Holdings HK”) in 2011 and became the
chairman of the board of directors of such two companies in
September 2013.
执行董事
曲乃杰，64岁，是本公司的创始人兼行
政总裁，拥有三十余年的企业管理和运
营经验。他于1992年开始经营石油贸易
和船舶运输业务，并于1998年创立了
大连海昌集团有限公司。1999年，曲先
生领导本集团进军中国主题公园行业，
于2002年建设运营了中国首座极地海洋
馆－大连老虎滩海洋公园极地馆，该项
目于2007年6月被国家旅游局评定为国
家5A级旅游景区。曲先生于2002年起进
一步领导本公司在全国多个重点城市建
设运营了十一座不同类型的文旅项目，
推动了中国主题公园行业的发展。2015
年5月，曲先生荣获国家旅游局首次设立
并颁发的「中国旅游产业杰出贡献奖（飞
马奖）」。他曾于2011年11月获委任为本
公司董事会成员、于2014年2月起担任
本公司董事会主席兼非执行董事，并于
2022年1月起担任本公司董事会主席、执
行董事兼行政总裁。
曲先生于2011年获委任为海昌控股（亚
洲）有限公司（「海昌亚洲BVI」）及海昌控
股（香港）有限公司（「海昌控股香港」）董
事，并于2013年9月成为这两家公司的
董事会主席。
2024年度报告 海昌海洋公园控股有限公司
DIRECTORS AND SENIOR MANAGEMENT
董事及高级管理层
Qu Cheng, aged 37, was apointed to the Board and designated
as an executive Director on 25 May 2016. Mr. Qu Cheng is the
son of Mr. Qu Naijie, an executive Director and the chairman of
the Board. Mr. Qu Cheng is the controling shareholder of the
Company. Mr. Qu obtained a bachelor’s degre in geography
from King’s Colege, the University of London in July 2010, and
he is proficient in Chinese, English, French and Latin. While in
colege, Mr. Qu had internships at a number of internationaly
renowned financial institutions. From December 2012 to October
2013, he served at the headquarters of the Global Comercial
and Alternative Investment of Orix Group, mainly responsible
for fund management, fund investment, strategic and financial
investment, project financing and financial consultancy, etc.
From November 2013, he started to familiarise himself with the
busines segments of the Company and its subsidiaries, and
mainly participated in discusions about corporate development
strategy and project investment.
Li Kehui, aged 51, has ben apointed as an executive Director
and the Senior Vice President of the Company since 17 November
2023. Mr. Li has over 28 years of extensive experience in busines
operation and management in the field of cultural tourism,
as wel as governance, investment and financing of listed
companies. Prior to joining our Group, Mr. Li served sucesively
as representative of securities afairs and secretary of the board of
Shenzhen Overseas Chinese Town Co., Ltd. (深圳华侨城股份有限
公司) (a company listed on the Shenzhen Stock Exchange, stock
code: 000069) and the general manager of Hapy Valey Group,
a subsidiary of Overseas Chinese Town Group. Mr. Li received a
bachelor’s degre in international investment at the Department
of Investment of Zhongnan University of Economics and Law (中南
财经政法大学) (formerly known as Zhongnan University of Finance
and Economics (中南财经大学) in 1996.
曲程，37岁，于2016年5月25日获委任
为董事会成员以及被任命为执行董事。
曲程先生是本公司执行董事兼主席曲乃
杰先生的儿子。曲程是本公司控股
东。曲先生于2010年7月在英国伦敦大
学国王学院获得地理学士学位，并精
通中、英、法语及拉丁文。大学期间，
曲先生曾分别实习于多家国际知名金融
机构。于2012年12月至2013年10月，
他就职于欧力士集团全球商业及另类投
资总部，主要负责基金管理、基金投
资、策略性及财务投资、项目融资、财
务顾问等业务。自2013年11月起，他
开始全面熟悉本公司及其附属公司旗下
各业务板块，主要参与企业发展策略讨
论、项目投资等方面业务。
李珂晖，51岁，自2023年11月17日起获
委任为本公司执行董事及高级副总裁。
李先生在文化旅游领域的业务运营和管
理以及上市公司的管治、投资和融资方
面拥有逾28年丰富的经验。在加入本集
团前，李先生曾先后担任深圳华侨城股
份有限公司（深圳证券交易所上市公司，
股票代码：000069）证券事务代表及董
事会秘书及华侨城集团旗下欢乐谷集团
总经理。李先生于1996年获得中南财经
政法大学（前称中南财经大学）投资系国
际投资学士学位。
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
DIRECTORS AND SENIOR MANAGEMENT
董事及高级管理层
NON-EXECUTIVE DIRECTORS
Wang Xuguang, aged 56, was designated as a non-executive
Director of the Company in January 2022. Mr. Wang worked
at the Dalian Branch of China Construction Bank for more than
16 years until he became the deputy branch manager, during
which he developed his extensive knowledge and experience in
real estate financing. Mr. Wang then joined Haichang Group in
February 2007 as a director and the president. He was further
apointed as a director and the general manager of Haichang
Corporation Development in February 2010. From October 2010
to February 2012, he also served as the president of Dalian
Haichang Real Estate Group Co., Ltd. Mr. Wang was apointed as
a director of Haichang China in October 2011 and was promoted
as the chairman of the board of directors in July 2012 and the
chief executive oficer in April 2013. In July 2012, Mr. Wang was
also apointed as a director of Haichang Asia BVI and Haichang
Holdings HK. Mr. Wang is the vice chairman of Dalian Federation
of Industry & Comerce (大连市工商联).
Mr. Wang obtained a bachelor’s degre in economics and
investment management at Dongbei University of Finance
and Economics (东北财经大学) in Dalian in July 1990. He was
subsequently awarded a master’s degre in international laws by
Dalian Maritime University (大连海事大学) in April 2002.
非执行董事
王旭光，56岁，于2022年1月调任为
本公司非执行董事。王先生曾在中国建
设银行大连分行工作逾16年，直至担
任分行副行长。在此期间，王先生获得
了房地产融资方面的广泛知识及经验。
之后，王先生于2007年2月加入海昌
集团，担任董事兼总裁，并于2010年2
月，进一步获委任担任海昌企业发展董
事兼总经理。2010年10月至2012年2月
期间，他还在大连海昌房地产集团有限
公司担任总裁一职。王先生于2011年10
月获委任为海昌中国董事，于2012年7
月晋升为董事会主席，并于2013年4月
晋升为行政总裁。2012年7月，王先生还
被委任为海昌亚洲BVI和海昌控股香港的
董事。王先生现为大连市工商联副主席。
王先生于1990年7月在大连获得东北财
经大学投资经济管理专业学士学位。之
后，他于2002年4月获大连海事大学授
予国际法学专业硕士研究生学位。
2024年度报告 海昌海洋公园控股有限公司
DIRECTORS AND SENIOR MANAGEMENT
董事及高级管理层
Go Toutou (Former name Wu Tongtong), aged 45, has ben
apointed as a non-executive Director of the Company since 3
July 2023. He is primarily responsible for strategic planing and
overseing the general corporate, financial and compliance afairs
of the Group. Mr. Go graduated from the Graduate Schol of
Finance, Acounting and Law of Waseda University in Japan with
a master’s degre in busines administration (finance). Mr. Go has
more than ten years of management experience in investment,
real estate development, and IP licensing of films and television
shows. Mr. Go joined ORIX Corporation in January 2010 and is
curently a director of ORIX Corporation. ORIX Corporation is a
company engaged in provision of diversified financial services
whose shares are listed on the Tokyo Stock Exchange (stock code:
8591) and the New York Stock Exchange (stock code: IX). At
the same time, Mr. Go served as the executive deputy general
manager of ORIX (China) Investment Co., Ltd. and the president
of ORIX (China) Industrial Holdings Co., Ltd.
Go Toutou（前称吴桐），45岁，自
2023年7月3日起获委任为本公司非执行
董事。他主要负责战略规划和监督本集
团一般企业、财务与合规事宜。Go先生
毕业于日本早稻田大学金融，会计及法
律研究生院，获颁授工商管理（金融学）
硕士学位。Go先生于投资、地产开发、
影视文化IP授权方面拥有十余年的管理
工作经验。Go先生于2010年1月加入欧
力士株式会社，现任欧力士株式会社理
事。欧力士株式会社是一间提供多元化
金融服务的公司，其股份于东京证券交
易所上市（股份代码：8591）并于纽约交
易所上市（股份代码：IX）。同时，Go先
生任欧力士（中国）投资有限公司常务副
总经理，欧力士（中国）实业控股有限公
司总裁。
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
DIRECTORS AND SENIOR MANAGEMENT
董事及高级管理层
Yuan Bing, aged 56, was apointed to the Board on 24 August
2012 and designated as a non-executive Director on 23 February
2014. He is primarily responsible for strategic planing and
overseing of the general corporate, financial and compliance
afairs of the Group. Mr. Yuan graduated with a bachelor’s
degre in English from Nanjing University (南京大学) in July 1990.
In June 1993 and June 1998, Mr. Yuan obtained a master’s
degre in international relations and a doctorate degre in law
from Yale University in the United States, respectively.
Mr. Yuan has extensive experience in equity investment and
investment banking. Mr. Yuan is curently a co-founder and
managing partner of Rockets Capital. Prior to co-founding
Rockets Capital, Mr. Yuan served as the chief operating oficer
and a partner of Hony Capital, where he was responsible for the
management of al of Hony Capital’s equity operations, including
Hony private equity investment, Hony Goldstream hedge fund,
Hony Horizon mutual fund, and Hony venture capital fund, with a
total AUM of over US$10 bilion. Mr. Yuan Bing has over 25 years
of experience in investment banking and private equity investment
industries. He served over 12 years in the investing banking
market in both New York and Hong Kong, and asisted numerous
prominent Chinese companies completed their IPO, corporate
finance and M&A projects.
Curently, Mr. Yuan also serves as a director of Haichang Asia BVI,
Haichang Holdings HK and Haichang China.
袁兵，56岁，于2012年8月24日获委任
为董事会成员，并于2014年2月23日被
任命为非执行董事。他主要负责战略规
划和监督本集团一般企业、财务与合规
事宜。袁先生于1990年7月毕业于南京
大学，获英语学士学位，并于1993年6
月及1998年6月分别获美国耶鲁大学的
国际关系硕士及法学博士学位。
袁先生拥有丰富的股权投资及投资银行
业务经验。袁先生现任星航资本联合创
始人及管理合伙人。在联合创立星航资
本前，袁先生曾担任弘毅投资首席运营
官和合伙人，负责弘毅投资的全部股权
业务的管理，包括弘毅私募股权投资，
弘毅金涌对冲基金，弘毅远方公募基
金，以及弘毅创投基金，总基金管理规
模超过100亿美元。袁兵先生拥有超过
25年的投资银行和私募股权投资行业经
验。曾在纽约和香港投资银行市场服务
了超12年，期间协助众多中国知名企业
成功完成了在海外的上市，融资和收购
兼并项目。
袁先生目前亦担任海昌亚洲BVI、海昌控
股香港及海昌中国的董事。
2024年度报告 海昌海洋公园控股有限公司
DIRECTORS AND SENIOR MANAGEMENT
董事及高级管理层
INDEPENDENT NON-EXECUTIVE DIRECTORS
Mr. Zhu Yuchen, aged 64, has ben apointed as an
independent non-executive Director of the Company since 9 June
2023. He is mainly responsible for supervising and providing
independent judgment to the Board. Mr. Zhu obtained a degre
in Economics from Dongbei University of Finance and Economics
in 1983 and Ph.D. in Economics from Wuhan University in 1998.
He used to study and work in Chicago Mercantile Exchange and
Chicago Board of Trade. Mr. Zhu had served as deputy general
of the Policy and Regulation Department of the Ministry of
Comerce of the PRC* (中华人民共和国商业部政策法规司副处
长), chief executive director of Shanghai CIFCO Futures Brokerage
Co. Ltd, general manager of Dalian Comodity Exchange, general
manager of China Financial Futures Exchange and president of
Shanghai Pudong Development Bank Co Ltd (“SPDB”), whose
shares are listed on the Shanghai Stock Exchange (stock code:
600000). Mr. Zhu was a member of the tenth and eleventh
sesions of the National People’s Congres (NPC) and the twelfth
sesion of the National Comite of the Chinese People’s
Political Consultative Conference. He is a founder of the Asia
Pacific Exchange and its chief executive oficer. Since April 2020,
Mr. Zhu has served as an independent non-executive director of
Grentown China Holdings Limited (“Grentown China”), whose
shares are listed on the Stock Exchange (stock code: 03900). Mr.
Zhu has more than 30 years of work experience in the futures
and banking industries, and is familiar with corporate financial
acounting systems. During the time when he served as the
president of SPDB, he was responsible for overseing the afairs
of the core busines lines, including finance and financial markets,
and was the ultimate responsible person for SPDB’s financial
statements as presented to the public. In adition, Mr. Zhu has
ben serving as a member of the audit comite of Grentown
China, and hence has a dep understanding of the financial
acounting system of a Hong Kong-listed company.
Wang Jun, aged 68, was apointed as an independent non-
executive Director on 19 December 2019. Mr. Wang is primarily
responsible for supervising and providing independent judgement
to the Board. Mr. Wang obtained a master’s degre of economics
in investment economics from Dongbei University of Finance and
Economics in July 1996. He was qualified as a senior economist of
the Dalian Branch of China Construction Bank in December 1992.
Mr. Wang served as the chairman of CB Life Insurance Company
Limited from July 2011 to May 2013. Prior to joining CB Life
Insurance Company Limited, Mr. Wang sucesively served as the
president of the Dalian Branch, Shandong Branch, Liaoning Branch
and Beijing Branch of China Construction Bank.
独立非执行董事
朱玉辰先生，64岁，自2023年6月9日
起获委任为本公司独立非执行董事。他
主要负责监督工作，并为董事会提供独
立判断。朱先生于1983年取得东北财经
大学经济学位及于1998年取得武汉大
学经济学博士学位。彼曾于芝加哥商业
交易所及芝加哥期货交易所工作研修。
朱先生曾担任中华人民共和国商业部政
策法规司副处长、上海中期货经纪公
司总裁、大连商品交易所总经理、中国
金融期货交易所总经理及上海浦东发展
银行股份有限公司（「浦发银行」，其股
份于上海证券交易所上市（股份代码：
600000）行长。朱先生曾担任第十届
及第十一届全国人大代表，以及第十二
届全国政协委员。彼现为新加坡亚太交
易所的创始人及首席执行官。朱先生自
2020年4月起担任绿城中国控股有限公司
（「绿城中国」，其股份于联交所上市，股
份代码：03900）独立非执行董事。朱先
生在期货以及银行业有超过30年金融从
业经验，熟悉公司的财务会计制度，其
中担任浦发银行长期间，负责公司包
括财务、金融市场等核心条线的所有业
务，对于公司对外公布的各种财务情况
担当最终负责人职责；此外，朱先生一
直担任绿城中国的审核委员会委员，对
于香港上市公司的财务会计制度也有深
入理解。
王军，68岁，于2019年12月19日获任
为独立非执行董事。他主要负责监督工
作，并为董事会提供独立判断。王先生
于1996年7月获得东北财经大学投资经
济专业经济学硕士学位。他于1992年12
月获中国建设银行大连市分行高级经济
师职称。王先生曾于2011年7月至2013
年5月担任建信人寿保险有限公司之董
事长。在加入建信人寿保险有限公司之
前，王先生曾先后担任建设银行大连市
分行、山东省分行、辽宁省分行、北京
市分行长。
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
DIRECTORS AND SENIOR MANAGEMENT
董事及高级管理层
Ms. Shen Han, aged 49, has ben apointed as an independent
non-executive Director of the Company since 31 October
2023. She is mainly responsible for supervising and providing
independent judgment to the Board. Ms. Shen is a profesor and
doctoral supervisor at Fudan University, China. Her academic
research focuses on local branding, digital inovation of cultural
heritage and destination marketing and management. She
received a bachelor’s degre in economics at Fudan University,
China; a master’s degre in management at the University of
Notingham, United Kingdom; and a doctorate in busines
administration at the Chinese Academy of Social Sciences, China.
She curently serves as principal at various organizations, such as
executive deputy secretary-general of the International Tourism
Studies Asociation, “Flying Scholar” of Gansu Province, China
and member of the Tourism Geography Profesional Comite
of the Geographical Society of China. Ms. Shen has published
over 100 papers in Chinese and English. She has also released
10 translated and compiled monographs, and won multiple
international awards. Ms. Shen has presided over 20 national
and provincial-level projects. She also served as editor-in-chief,
guest editor-in-chief, and editorial board member of 8 academic
journals. In adition, Ms. Shen also served as comite expert of
multiple municipal and provincial think tanks in China.
沈涵女士，49岁，自2023年10月31日
起获委任为本公司独立非执行董事，主
要负责监督董事会，并为董事会提供独
立判断。沈女士为中国复旦大学教授、
博士生导师，主要学术研究领域是地方
品牌、文化遗产数字化创新、目的地营
销与管理。彼先后获得中国复旦大学经
济学士、英国诺丁汉大学管理学硕士
及中国社会科学院工商管理博士学位。
彼目前担任多个机构负责人，例如国际
旅游学会常务副秘书长、中国甘肃省「飞
天学者」及中国地理学会旅游地理专业委
员会委员。沈女士发表中英文论文100多
篇，亦出版专著译著编著10本，多次获
得国际奖项。沈女士主持国家级及省部
级课题20余项，亦担任8本学术期刊领域
主编、客座主编、编委。此外，沈女士
亦担任多个部委、省市智库专家。
2024年度报告 海昌海洋公园控股有限公司
DIRECTORS AND SENIOR MANAGEMENT
董事及高级管理层
SENIOR MANAGEMENT
The senior management is responsible for the day-to-day
management of the busines. The folowing table sets out certain
information concerning the senior management:
高级管理层
高级管理层负责公司业务的日常管理。
下表载列有关高级管理层的若干资料：
NameAgePosition/Title
姓名年龄职位╱职衔
Li Xin52Senior Vice President and Chief Financial Oficer
李昕高级副总裁兼首席财务官
Li Jun43Senior Vice President
李君高级副总裁
Fang Hongfeng47Vice President
方洪峰副总裁
Liu Fei49Vice President
刘飞副总裁
李昕，52岁，自2013年4月起一直担任
财务总监，并自2015年11月起获任命
为首席财务官。他主要负责财务管理工
作。李先生于1995年7月在大连获得东
北财经大学工业经济学士学位，并于
2003年7月在吉林毕业于吉林大学，获得
法律硕士学位。
李先生在财税方面拥有二十逾年的经
验。李先生于1995年8月至2002年8月
期间一直任大连市地方税务局第一稽查
局科员，负责稽查和审查工作。李先生
于2002年6月成为海昌集团公司计划财
务部总经理。他的职责包括财务管理系
统开发、预算形成、资产管理、投资及
财务报告及管理。于2010年3月，李先
生获委任为海昌企业发展计划财务部总
经理，并于2010年12月开始担任财务总
监。于2013年4月，他获委任为海昌中
国财务总监及计划财务部总经理。
Li Xin, aged 52, has served as the financial controler since
April 2013, and was apointed as the chief financial oficer
in November 2015. He is primarily responsible for financial
management. Mr. Li obtained a bachelor’s degre in industrial
economics from Dongbei University of Finance and Economics (东
北财经大学) in Dalian in July 1995. He also obtained a master’s
degre in law from Jilin University (吉林大学) in Jilin in July 2003.
Mr. Li has over 20 years of experience in finance and taxation.
Mr. Li served as an oficer in the first investigation bureau of
Dalian Municipal local Taxation Bureau betwen August 1995
and August 2002, where he was responsible for investigation
and examination works. In June 2002, Mr. Li became the general
manager of the planing and finance department of Haichang
Group Co. His responsibilities included financial management
system development, budget formation, aset management,
investment and financial reporting and management. In March
2010, Mr. Li was apointed as the general manager of the
planing and finance department of Haichang Corporation
Development, where he also started to serve as the chief financial
oficer in December 2010. In April 2013, he was apointed as the
chief financial oficer and the general manager of the planing
and finance department of Haichang China.
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
DIRECTORS AND SENIOR MANAGEMENT
董事及高级管理层
Mr. Li Jun, aged 43, has ben apointed as the senior vice
president since December 2024 and is responsible for the
Company’s capital market management, investment management
and legal afairs management, and is in charge of the enterprise
development centre and IP busines segment.
Mr. Li obtained a bachelor’s degre in law from Dongbei
University of Finance and Economics in 2003 and a master’s
degre in busines administration from the same university
in 2013. Mr. Li holds a PRC legal profesional qualification
certificate.
Mr. Li has over 20 years of legal, investment and capital operation
experience. Mr. Li joined Haichang Group as an investment
manager in the investment strategy department in April 2007
and then has ben a senior manager in the investment strategy
department of Dalian Haichang Corporation Development Co.,
Ltd. since February 2010. He later served as the deputy general
manager and general manager of the Company’s corporate
development department from April 2013 to 2016. Since
December 2016, Mr. Li has served as the corporate development
director of the Company’s corporate development centre and
has ben apointed as the senior director of the enterprise
development centre since December 2017 and was mainly
responsible for the Company’s project development, investment
and capital markets, legal afairs, investor relations and overal
job management of the internal staf at the centre. Mr. Li
participated in the planing and implementation of a number of
the Company’s significant project investments, al of its previous
major shareholding restructuring, equity financing, IPOs, and
major aset transaction exercises.
Mr. Fang Hongfeng, aged 47, has ben apointed as the
Company’s vice president since 5 November 2021. He is in charge
of the cultural tourism management company and the digital
development department and responsible for project expansion.
Previously, Mr. Fang joined Trip.com Group Limited (NASDAQ
stock symbol: TCOM) in 2005, and served as the sales director,
general manager of branch ofice and general manager of
busines department. Mr. Fang enroled in Peking University in
1996 with a major in computer software.
李君先生，43岁，自2024年12月起获任
命为高级副总裁，负责公司资本市场管
理、投资管理和法务管理，分管企业发
展中心及IP业务板块。
李先生于2003年获得东北财经大学法学
学士学位，于2013年获得东北财经大学
工商管理硕士学位，李先生同时持有中
国法律职业资格证书。
李先生拥有逾二十年的法律、投资、资
本运作经验。李先生于2007年4月加入
海昌集团担任投资战略部投资经理，其
后自2010年2月起担任大连海昌企业发
展有限公司投资战略部高级经理。彼之
后于2013年4月至2016年担任本公司企
业发展部副总经理、总经理，2016年12
月起李先生担任本公司企业发展中心企
业发展总监，并于2017年12月起获任命
为企业发展中心高级总监，主要负责公
司项目发展、投资及资本市场、法律事
务、投资者关系以及中心内部人员的全
面工作管理。李先生参与计划及实施了
本公司多个重大项目投资、历次重大股
权结构重组、股权融资、IPO，以及重大
资产交易工作。
方洪峰先生，47岁，自2021年11月5日
起任命为本公司副总裁，分管文旅管理
公司、数字化发展部，以及项目拓展工
作。在此之前，方先生于2005年加入携
程旅行网有限公司（纳斯达克股份代号：
TCOM），曾担任销售总监、分公司总
经理和事业部总经理等职务。方先生于
1996年入读北京大学计算机系软件专业。
2024年度报告 海昌海洋公园控股有限公司
DIRECTORS AND SENIOR MANAGEMENT
董事及高级管理层
Liu Fei, aged 49, has ben apointed as the vice president since
December 2022 and is fuly in charge of the human resources
administration, operation standards for theme parks, cultural
performances, safety supervision and service quality management
of the Group. Ms. Liu Fei joined Haichang Group in 2006 and
served as the ofice director of Haichang Group and has ben
the general manager of Dalian Haichang Discoveryland Theme
Park Co. Ltd. since 2016. She is also the vice president of the
digital culture and entertainment segment of China Culture and
Entertainment Industry Asociation (中国文化娱乐行业协会), a
member of the Special Comite of China National Tourism
Vocational Education Permanent Comite (全国旅游职业教育教
学指导委员会) and an expert in the Cultural Tourism Integration
Expert Database of Liaoning Province (辽宁省文旅融合专家库). Ms.
Liu Fei received her bachelor’s degre in journalism from Dalian
Polytechnic University in 1999 and enroled in the Tsinghua MBA
program (清华高级工商管理硕士研修班) in May 2006.
COMPANY SECRETARY
Ms. So Lai Shan was apointed as the Company Secretary and
the authorised representative of the Company with efect from 2
November 2022.
Ms. So is curently a manager of corporate services of Vistra
Corporate Services (HK) Limited. Ms. So has over ten years of
experience in the corporate services industry. She is an asociate
member of The Hong Kong Chartered Governance Institute and
The Chartered Governance Institute in United Kingdom.
刘飞，49岁，自2022年12月获任命为副
总裁，全面负责本集团人力行政、主题
公园运营标准、文化演艺、安全监督和
服务品质管理工作。刘飞女士于2006年
加入海昌集团，曾担任海昌集团办公室
主任，2016年起担任大连海昌发现王国
主题公园有限公司总经理。她亦担任中
国文化娱乐行业协会数字文娱分会副会
长、全国旅游职业教育教学指导委员会
专委会委员、辽宁省文旅融合专家库专
家。刘飞女士于1999年获得大连理工大
学新闻学专业学士学位，于2006年5月
入读清华高级工商管理硕士研修班。
公司秘书
苏丽珊女士于2022年11月2日获委任为
本公司的公司秘书及授权代表。
苏女士目前担任瑞致达企业服务（香港）
有限公司企业服务部经理。苏女士在企
业服务行业拥有逾十年经验。彼为香港
公司治理公会及英国特许公司治理公会
会员。
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
DIRECTORS’ REPORT
董事会报告
Directors’
Report
董事会报告
2024年度报告 海昌海洋公园控股有限公司
DIRECTORS’ REPORT
董事会报告
The Directors are pleased to present their report together with the
audited consolidated financial statements of the Group for the
year ended 31 December 2024.
PRINCIPAL ACTIVITIES
The Group is principaly engaged in development and operation of
theme parks in the PRC.
SUBSIDIARIES
Particulars of the Company’s subsidiaries as at 31 December 2024
are set out in note 1 to the consolidated financial statements in
this anual report.
BUSINES REVIEW
A busines review of the Group for the year ended 31
December 2024 and a discusion on the Group’s future busines
development are provided in the Chairman’s Statement on pages
6 to 8 and the Management Discusion and Analysis on pages
9 to 35 of this anual report. The financial risk management
objectives and policies of the Group are set out in note 40 to the
consolidated financial statements in this anual report.
An analysis of the Group’s financial performance during the
Reporting Period using financial key performance indicators is
provided in the Five Years’ Financial Sumary on page 5 of this
anual report. A discusion on the Company’s compliance with
the relevant laws and regulations is set out in the Corporate
Governance Report on pages 69 to 105 of this anual report.
The discusions refered to above form part of this Directors’
Report.
RESULTS
The results of the Group for the year ended 31 December 2024
are set out in the consolidated statement of profit or los on page
116 of this anual report.
FINAL DIVIDEND
The Board does not recomend payment of any dividend in
respect of the year ended 31 December 2024 (2023: nil).
董事欣然提呈其报告及本集团截至2024
年12月31日止年度的经审核合并财务报
表。
主要业务
本集团主要在中国从事主题公园的发展
和运营。
附属公司
本公司附属公司于2024年12月31日的详
情载于本年报合并财务报表附注1。
业务回顾
有关本集团于截至2024年12月31日止年
度业务的年度回顾及有关本集团业务日
后发展的讨论，载于本年报第6页至第8
页的主席报告以及第9页至第35页的管理
层讨论及分析。本集团的财务风险管理
目标及政策载于本年报的合并财务报表
附注40。
有关使用财务关键表现指标对本集团于
报告期的财务表现的分析载于本年报第
5页的五年财务概要。有关本公司遵守相
关法律法规的讨论载于本年报第69页至
第105页的企业管治报告。
上述讨论构成本董事会报告的一部份。
业绩
本集团截至2024年12月31日止年度之业
绩载于本年报第116页的合并损益表。
末期股息
董事会不建议派付截至2024年12月31日
止年度之任何股息（2023年：无）。
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
DIRECTORS’ REPORT
董事会报告
FIVE YEARS’ FINANCIAL SUMARY
A sumary of the results and the asets and liabilities of the
Group for the last five financial years is set out in the section
headed “Five Years’ Financial Sumary” in this anual report.
MAJOR CUSTOMERS AND SUPLIERS
During the year ended 31 December 2024, the percentage of
purchases atributable to the five largest operational supliers
combined and the percentage of revenue from sales of gods or
rendering of services atributable to the five largest customers
combined are both les than 30%.
PROPERTY, PLANT AND EQUIPMENT
Details of movements in the property, plant and equipment of
the Group during the year ended 31 December 2024 are set out
in note 12 to the consolidated financial statements in this anual
report.
SHARE CAPITAL
Details of movements in the share capital of the Company during
the year ended 31 December 2024 are set out in note 31 to the
consolidated financial statements in this anual report.
五年财务摘要
本集团过去五个财政年度之业绩及资产
及负债摘要载于本年报「五年财务概要」
一节。
主要客户及供货商
截至2024年12月31日止年度，五大经营
类供应商合共所占采购百分比及五大客
户合共所占销售货品或提供服务收入百
分比均低于30%。
物业、厂房及设备
截至2024年12月31日止年度，本集团物
业、厂房及设备的变动详情载于本年报
合并财务报表附注12。
股本
截至2024年12月31日止年度本公司的股
本变动详情，载于本年报合并财务报表
附注31。
2024年度报告 海昌海洋公园控股有限公司
DIRECTORS’ REPORT
董事会报告
RESERVES
Details of movement in the reserves of the Company and the
Group during the year ended 31 December 2024 are set out in
the consolidated statement of changes in equity of this anual
report and in note 32 to the consolidated financial statements in
this anual report.
DISTRIBUTABLE RESERVES
Distributable reserves of the Company as at 31 December
2024, calculated under the Companies law, amounted to
RMB2,922,540,000 representing share premium and capital
reserves of RMB3,064,506,000, seting of by acumulated loses
of RMB141,966,000.
BANK LOANS AND OTHER BOROWINGS
Particulars of bank loans and other borowings of the Group as
at 31 December 2024 are set out in note 29 to the consolidated
financial statements in this anual report.
DONATION
Details of the charitable and other donations made by the Group
are set out in the Environmental, Social and Governance Report.
PURCHASES, SALE OR REDEMPTION OF LISTED
SECURITIES OF THE COMPANY
Neither the Company nor any of its subsidiaries purchased, sold or
redemed any of the Company’s listed securities during the year
ended 31 December 2024.
PRE-EMPTIVE RIGHTS
There are no provisions for pre-emptive rights under the Articles
of Asociation or the laws of the Cayman Islands that would
oblige the Company to ofer new shares on a pro rata basis to
existing shareholders of the Company.
储备
截至2024年12月31日止年度本公司及本
集团的储备变动详情，载于本年报之合
并权益变动表及合并财务报表附注32。
可供分派储备
本公司于2024年12月31日根据公
司法计算的可供分派储备为人民币
2,922,540,000元，即股份溢价及资本储
备人民币3,064,506,000元减去累计亏损
人民币141,966,000元后的金额。
银行贷款及其他借贷
于2024年12月31日，本集团的银行贷款
及其他借贷的详情载于本年报合并财务
报表附注29。
捐款
有关本集团所作慈善及其他捐款的详情
载于环境、社会及管治报告。
购买、出售或赎回本公司上市
证券
截至2024年12月31日止年度内，本公司
或其任何附属公司概无购买、出售或赎
回本公司任何上市证券。
优先购买权
章程细则或开曼群岛法例并无任何关于
本公司须向现有本公司股东按比例发售
新股份的优先购买权规定。
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
DIRECTORS’ REPORT
董事会报告
DIRECTORS
The Directors in ofice during the financial year and up to the
date of this anual report were as folows:
Executive Directors
Qu Naijie (Chairman of the Board and Chief Executive Oficer)
Qu Cheng
Li Kehui (Senior Vice President)
Non-executive Directors
Wang Xuguang
Yuan Bing
Go Toutou (Former name Wu Tongtong)
Independent non-executive Directors
Zhu Yuchen
Wang Jun
Shen Han
In acordance with article 16.18 of the Articles of Asociation,
one-third of the Directors for the time being (or if their number is
not a multiple of thre, the number nearest to but not les than
one-third) wil retire from ofice by rotation at the forthcoming
anual general meting of the Company and shal be eligible to
ofer themselves for re-election. Mr. Qu Cheng, Mr. Yuan Bing
and Mr. Zhu Yuchen wil retire at the forthcoming anual general
meting of the Company to be held on 27 June 2025.
董事
于财政年度内及直至本年报日期之在任
董事如下：
执行董事
曲乃杰（董事会主席兼行政总裁）
曲程
李珂晖（高级副总裁）
非执行董事
王旭光
袁兵
Go Toutou （前称吴桐）
独立非执行董事
朱玉辰
王军
沈涵
根据章程细则第16.18条，现时董事中
三分之一（或倘其数目并非三的倍数，则
为最接近整数字，但不得少于三分之一）
须于本公司应届股东周年大会上轮值退
任，并有资格获重选。曲程先生、袁兵
先生及朱玉辰先生将于2025年6月27日
举行之本公司应届股东周年大会上轮值
退任。
2024年度报告 海昌海洋公园控股有限公司
DIRECTORS’ REPORT
董事会报告
BOARD OF DIRECTORS AND SENIOR MANAGEMENT
Biographical details of the Directors and senior management of
the Group are set out on pages 36 to 49 of this anual report.
CONFIRMATION OF INDEPENDENCE OF
INDEPENDENT NON-EXECUTIVE DIRECTORS
The Company has received the anual confirmation of each of the
independent non-executive Directors of his or her independence
pursuant to Rule 3.13 of the Rules Governing the Listing of
Securities on the Stock Exchange (the “Listing Rules”). The
Company considers al of the independent non-executive Directors
to be independent in acordance with Rule 3.13 of the Listing
Rules.
SERVICE CONTRACTS OF DIRECTORS
None of the Directors has any unexpired service contracts which
is not determinable by the Company or its subsidiaries within
one year without payment of compensation, other than statutory
compensation.
REMUNERATION OF DIRECTORS AND FIVE
HIGHEST PAID INDIVIDUALS
The remuneration of the Directors was determined with reference
to his/her experience, qualifications, duties and responsibilities
in the Company, Details of the emoluments of the Directors
and the five highest paid individuals are set out in note 9 to the
consolidated financial statements in this anual report.
DIRECTORS’ INTERESTS IN TRANSACTIONS,
ARANGEMENTS AND CONTRACTS
Save as disclosed in this anual report, no transaction,
arangement or contract of significance in relation to the Group’s
busines to which the Company, or its subsidiaries, felow
subsidiaries or its parent companies were a party and in which
a Director or his/her conected entities had a material interest,
whether directly or indirectly, subsisted at the end of the year or
at any time during the year ended 31 December 2024.
董事会及高级管理层
董事及本集团高级管理层的履历详情载
于本年报第36至49页。
独立非执行董事独立性的确认
本公司已收到各独立非执行董事根据联
交所证券上市规则（「上市规则」）第3.13
条发出有关其独立性之年度确认书。本
公司认为所有独立非执行董事根据上市
规则第3.13条均为独立人士。
董事服务合约
董事概无订立本公司或其附属公司未支
付补偿（法定补偿除外）则不可于一年内
终止之任何未届满服务合约。
董事及五位最高薪酬人士的薪
酬
董事的薪酬乃根据其经验、资格、于本
公司的职务及职责而厘定。有关董事及
五位最高薪酬人士的薪酬详情载于本年
报合并财务报表附注9。
董事于交易、安排及合约之权
益
除本年报披露者外，概无以本公司、或
其附属公司、同系附属公司或其母公司
为订约方且董事或其关连实体于当中直
接或间接拥有任何重大权益并对本集团
业务而言属重大之交易、安排或合约于
截至2024年12月31日止年度之年终或年
内任何时间仍然存续。
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
DIRECTORS’ REPORT
董事会报告
CONTROLING SHAREHOLDERS’ INTERESTS IN
CONTRACTS OF SIGNIFICANCE
Save as disclosed in this anual report, Mr. Qu Cheng and Zeqiao
Holdings Limited (formerly known as Haichang Group Limited)
(colectively, the “Controling Shareholders”) or any of its
subsidiaries do not have any contract of significance (i) betwen
the Company, or one of its subsidiary companies; or (i) for the
provision of services to the Company or any of its subsidiaries
subsisted at the end of the year or at any time during the year
ended 31 December 2024.
MANAGEMENT CONTRACTS
No contracts concerning the management and administration of
the whole or any substantial part of the busines of the Company
were entered into or existed.
DIRECTORS’ INTERESTS IN COMPETING
BUSINES
Save as described in the Prospectus and this anual report, during
the year ended 31 December 2024, none of the Directors or
their respective asociates had engaged in or had any interest
in any busines which competes or is likely to compete with the
busineses of the Group and which is required to be disclosed
pursuant to the Listing Rules.
PERMITED INDEMNITY PROVISION
The Articles of Asociation provide that every Director shal be
entitled to be indemnified out of the asets of the Company
against al loses or liabilities incured or sustained by him or
her as a Director in defending any procedings, whether civil or
criminal, in which judgment is given in his or her favour, or in
which he or she is acquited, and against any los in respect of his
or her personal liability for the payment of any sum primarily due
from the Company.
The Company has aranged liability insurance for the Directors
and senior management of the Company to protect them from
any posible litigations.
控股东于重大合约中之权益
除本年报披露者外，曲程先生及泽侨控
股有限公司（前称海昌集团有限公司）（合
称为「控股东」）或其任何附属公司于截
至2024年12月31日止年度之年终及年内
任何时间，概无(i)与本公司或其任何附属
公司；或(i)就向本公司或其任何附属公
司提供服务而订立任何重大合约。
管理合约
并无就有关本公司整体业务或其任何主
要部份之管理及行政订立或订有任何合
约。
董事于竞争业务中的权益
除招股章程及本年报所述者外，于截至
2024年12月31日止年度，概无董事或彼
等各自之联系人从事任何与本集团业务
构成竞争或可能出现竞争及根据上市规
则须予披露的业务或于其中拥有任何权
益。
获准许弥偿保证条文
章程细则规定，每名董事就其作为本公
司董事在获判胜诉或获判无罪之任何民
事或刑事法律诉讼中进行抗辩而招致或
蒙受一切损失或责任，或其须个人承担
主要由本公司结欠的任何款项而蒙受任
何亏损，均有权从本公司资产中获得弥
偿保证。
本公司已为其董事及高级管理层备妥责
任保险，以保障彼等免受可能被提起的
法律诉讼的影响。
2024年度报告 海昌海洋公园控股有限公司
DIRECTORS’ REPORT
董事会报告
DIRECTORS’ AND CHIEF EXECUTIVE’S
INTERESTS AND SHORT POSITIONS IN SHARES,
UNDERLYING SHARES AND DEBENTURES
As at 31 December 2024, the interests and short positions of
the Directors and chief executive of the Company in the Shares,
underlying Shares and debentures of the Company or any of its
asociated corporations, within the meaning of Part XV of the
Securities and Futures Ordinance (the “SFO”), which (a) were
required to be notified to the Company and the Stock Exchange
pursuant to Divisions 7 and 8 of Part XV of the SFO (including
interests and short positions which they are taken or demed to
have under such provisions of the SFO); or (b) were recorded in
the register required to be kept under section 352 of the SFO; or
(c) were required to be notified to the Company and the Stock
Exchange pursuant to the Model Code for Securities Transactions
by Directors of Listed Isuers (the “Model Code”) as set out in
Apendix C3 to the Rules Governing the Listing of Securities on
the Stock Exchange (the “Listing Rules”), were as folows:
(L) denotes a long position in the Shares
董事及最高行政人员于股份、
相关股份及债券的权益及淡仓
于2024年12月31日，本公司董事及最
高行政人员于本公司或其任何相联法团
（定义见证券及期货条例（「证券及期货条
例」）第XV部）的股份、相关股份及债券
中拥有(a)须根据证券及期货条例第XV部
第7及8分部的规定知会本公司及联交所
的权益及淡仓（包括根据证券及期货条例
的条文规定被当作或视作拥有的权益及
淡仓）；或(b)根据证券及期货条例第352
条须予存置的登记册所记录之权益及淡
仓；或(c)根据联交所证券上市规则（「上
市规则」）附录C3所载上市发行人董事进
行证券交易的标准守则（「标准守则」）须
知会本公司及联交所的权益及淡仓如下：
Name of Director
董事姓名
Capacity/Nature of Interest
身份╱权益性质
Number of Shares
股份数目
Aproximate
Percentage of
Total Isued
Shares (Note 2)
占已发行股份
总数的概约
百分比（附注2）
Mr. Qu Cheng (Note 1)
曲程先生（附注1）
Founder of a discretionary trust
全权信托创始人
3,837,231,048 (L)47.29%
Beneficial owner
实益拥有人
24,332,592 (L)0.30%
Mr. Wang Xuguang
王旭光先生
Beneficial owner
实益拥有人
20,780,000 (L)0.25%
(L) 代表本公司股份好仓
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
DIRECTORS’ REPORT
董事会报告
Notes:
1. The 3,837,231,048 Shares comprise:
Acording to the latest disclosure of interest form of Mr. Qu Cheng
filed on 16 December 2022:
Zeqiao Holdings Limited holds 3,837,231,048 Shares. Zeqiao
Holdings Limited is wholy owned by Zeqiao International (BVI)
Limited, which is in turn wholy owned by Cantrust (Far East)
Limited, the truste of Generation Qu Trust, which is a discretionary
trust set up by Mr. Qu Cheng as setlor for the benefit of himself
and his family. Therefore, as at 31 December 2024, Mr. Qu Cheng
is demed to be interested in 3,837,231,048 Shares held by Zeqiao
Holdings Limited, representing aproximately 47.29% of the total
isued share capital of the Company.
2. This percentage has ben computed based on 8,114,002,000 Shares
in isue as at 31 December 2024.
Save as disclosed above, as at 31 December 2024, none of the
Directors and chief executive of the Company had any interests
or short positions in the Shares, underlying Shares or debentures
of the Company or any of its asociated corporations, within
the meaning of Part XV of the SFO, which were required to be
notified to the Company and the Stock Exchange pursuant to
Divisions 7 and 8 of Part XV of the SFO (including interests or
short positions which they are taken or demed to have under
such provisions of the SFO), or were recorded in the register
required to be kept under section 352 of the SFO, or were
required to be notified to the Company and the Stock Exchange
pursuant to the Model Code.
DIRECTORS’ RIGHTS TO ACQUIRE SHARES OR
DEBENTURES
Save as disclosed in this anual report, no rights to acquire
benefits by means of the acquisition of Shares in or debentures
of the Company were granted to any Director or their respective
spouse or children under 18 years of age, nor were any such
rights exercised by them, nor was the Company or any of its
subsidiaries a party to any arangement to enable the Directors,
or their respective spouse or children under 18 years of age, to
acquire such rights in any other body corporate during the year
ended 31 December 2024.
附注：
- ,837,231,048股份包括：
根据曲程先生于2022年12月16日提交的
最新权益披露表格：
泽侨控股有限公司持有3,837,231,048
股份。泽侨控股有限公司由Zeqiao
International (BVI) Limited全资拥有，
而Zeqiao International (BVI) Limited由
Generation Qu Trust的受托人Cantrust
(Far East) Limited全资拥有，Generation
Qu Trust为由曲程先生作为财产授予人为
其自身及其家族成员利益而成立的全权信
托。因此，截至2024年12月31日，曲程
先生被视为于泽侨控股有限公司持有的
3,837,231,048股份中拥有权益，占本
公司全部已发行股本约47.29%。
2. 此百分比已按于2024年12月31日之已发
行股份8,114,002,000股计算。
除上文所披露者外，于2024年12月31
日，本公司董事及最高行政人员概无于
本公司或其任何相联法团（定义见证券及
期货条例第XV部）的股份、相关股份或债
券中，拥有根据证券及期货条例第XV部
第7及8分部的规定须知会本公司及联交
所的权益或淡仓（包括根据证券及期货条
例的条文规定被当作或视作拥有的权益
或淡仓）；或根据证券及期货条例第352
条须予存置的登记册所记录之权益或淡
仓；或根据标准守则须知会本公司及联
交所的权益或淡仓。
董事购买股份或债券的权利
除本年报所披露者外，于截至2024年12月
31日止年度，概无授予任何董事或彼等各
自的配偶或未满18岁的子女可藉购入本公
司股份或债券的方式而获益的权利或由彼
等行使任何该等权利；亦无经本公司或其
任何附属公司作出安排以令董事或彼等各
自的配偶或未满18岁的子女于任何其他法
人团体获得该等权利。
2024年度报告 海昌海洋公园控股有限公司
DIRECTORS’ REPORT
董事会报告
SUBSTANTIAL SHAREHOLDERS’ INTERESTS
AND SHORT POSITIONS IN SHARES AND
UNDERLYING SHARES
As at 31 December 2024, so far as was known to the Directors
or chief executive of the Company, the folowing persons (not
being a Director or chief executive of the Company) had interests
or short positions in the Shares or underlying Shares as recorded
in the register required to be kept by the Company pursuant to
Section 336 of the SFO:
主要股东于股份及相关股份的
权益及淡仓
于2024年12月31日，就董事或本公司最
高行政人员所知，按本公司根据证券及
期货条例第336条须予存置的登记册所记
录，以下人士（并非董事或本公司最高行
政人员）于股份或相关股份中拥有权益或
淡仓：
Name
名称
Nature of Interest
权益性质
Number of Shares
股份数目
Aproximate
Percentage of
Total Isued
Shares (Note 3)
占已发行股份
总数的概约
百分比（附注3）
Cantrust (Far East) Limited (Note 1)Truste3,837,231,048 (L)47.29%
Cantrust (Far East) Limited（附注1）受托人
Zeqiao Holdings Limited (formerly known as
Haichang Group Limited) (Note 1)
Beneficial owner3,837,231,048 (L)47.29%
泽侨控股有限公司（前称海昌集团有限公司）（附注1）实益拥有人
Zeqiao International (BVI) Limited (Note 1)Interest in controled
corporations
3,837,231,048 (L)47.29%
Zeqiao International (BVI) Limited（附注1）受控法团权益
ORIX Corporation (Note 1) (Note 2)Interest in controled
corporations
1,186,768,000 (L)14.63%
欧力士株式会社（附注1）（附注2）受控法团权益
ORIX (China) Investment Company Limited (Note 2)Interest in a controled
corporation
786,768,000 (L)9.70%
欧力士（中国）投资有限公司（附注2）受控法团权益
Mountain Tai Apolo Investment Limited (Note 2)Beneficial owner786,768,000 (L)9.70%
泰山天尊投资有限公司（附注2）实益拥有人
ORIX Asia Capital Limited (Note 2)Beneficial owner400,000,000 (L)4.93%
欧力士亚洲资本有限公司（附注2）实益拥有人
(L) 代表股份好仓(L) denotes a long position in the Shares
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
DIRECTORS’ REPORT
董事会报告
Notes:
1. Zeqiao Holdings Limited is wholy owned by Zeqiao International
(BVI) Limited, which is in turn wholy owned by Cantrust (Far East)
Limited, the truste of Generation Qu Trust, which is a discretionary
trust set up by Mr. Qu Cheng as setlor for the benefit of himself
and his family.
2. The number of Shares disclosed was based on the latest disclosure
of interest form filed on 10 November 2022 (the date of relevant
event be 10 November 2022) received from ORIX Corporation.
Acording to the filed form:
(a) Mountain Tai Apolo Investment Limited holds 786,768,000
Shares. Mountain Tai Apolo Investment Limited is wholy
owned by ORIX (China) Investment Company Limited, which
is in turn wholy owned by ORIX Corporation.
(b) ORIX Asia Capital Limited holds 400,000,000 Shares and is
wholy owned by ORIX Corporation.
Acordingly, ORIX Corporation is demed to be interested in the
786,768,000 Shares held by Mountain Tai Apolo Investment Limited
and the 400,000,000 Shares held by ORIX Asia Capital Limited.
3. This percentage has ben computed based on 8,114,002,000 Shares
in isue as at 31 December 2024.
Other than as disclosed above, as at 31 December 2024, the
Directors had not ben notified by any person (not being a
Director or chief executive of the Company) who had interests or
short positions in the Shares or underlying Shares as recorded in
the register required to be kept pursuant to Section 336 of the
SFO.
附注：
1. 泽侨控股有限公司由Zeqiao International
(BVI) Limited全资拥有，而Zeqiao
International (BVI) Limited由Generation
Qu Trust的受托人Cantrust (Far East)
Limited全资拥有，Generation Qu Trust为
由曲程先生作为财产授予人为其自身及其
家族成员利益而成立的全权信托。
2. 所披露的股份数目乃根据自欧力士株式会
社收取于2022年11月10日（相关事件日期
为2022年11月10日）提交之最新披露权益
表格。根据所提交的表格：
(a) 泰山天尊投资有限公司持有
786,768,000股份。泰山天尊投资
有限公司由欧力士（中国）投资有限
公司全资拥有，而后者由欧力士株
式会社全资拥有。
(b) 欧力士亚洲资本有限公司持有
400,000,000股份，并由欧力士株
式会社全资拥有。
因此，欧力士株式会社被视为拥有泰山
天尊投资有限公司所持有786,768,000股
股份及欧力士亚洲资本有限公司所持有
400,000,000股份的权益。
3. 该百分比乃根据于2024年12月31日之已
发行8,114,002,000股份计算。
除上文所披露者外，于2024年12月31日，
董事概无获知会有任何人士（并非董事或本
公司最高行政人员）在根据证券及期货条例
第336条须予存置的登记册所记录之股份或
相关股份中拥有权益或淡仓。
2024年度报告 海昌海洋公园控股有限公司
DIRECTORS’ REPORT
董事会报告
SHARE OPTION SCHEME
2014 Share Option Scheme
The Company conditionaly adopted a share option scheme by
the writen resolutions of the shareholders of the Company on
23 February 2014 (the “2014 Share Option Scheme”). Pursuant
to the 2014 Share Option Scheme, the Directors may, at their
discretion, invite any eligible person, including any (a) employe;
(b) non-executive directors (including independent non-executive
directors); (c) suplier of gods or services; (d) customer; (e)
person or entity that provides research, development or other
technological suport; (f) shareholder; (g) advisor or consultant;
(h) other group or clases of participants who have contributed
or may contribute by way of joint venture, busines aliance or
other busines arangement to the development and growth, to
take up options to subscribe for Shares subject to the terms and
conditions of the 2014 Share Option Scheme. The purpose of
the 2014 Share Option Scheme is to grant options to selected
participants as incentives or rewards for their contribution to the
Company.
The total number of the Shares which may be aloted and isued
upon the exercise of al options (excluding, for this purpose,
options which have lapsed in acordance with the terms of the
2014 Share Option Scheme and any other share option scheme
of the Company) to be granted under the 2014 Share Option
Scheme and any other share option scheme of the Company must
not in agregate exced 2% of the Shares in isue on the date
of the Listing, being 80,000,000 Shares (the “General Scheme
Limit”).
On 8 November 2022, the Company conducted a share
subdivision to subdivide every one (1) existing isued and unisued
Share of US$0.0001 each in the share capital of the Company into
two (2) subdivided shares of US$0.00005 each in the share capital
of the Company (the “Share Subdivision”). Upon completion of
the Share Subdivision, the total number of Shares which may be
aloted and isued upon the exercise of al options to be granted
under the 2014 Share Option Scheme shal not in agregate
exced 160,000,000 Shares.
购股权计划
2014年购股权计划
本公司于2014年2月23日藉本公司股
东的书面决议案有条件采纳购股权计划
（「2014年购股权计划」）。根据2014年购
股权计划，董事可酌情邀请任何合资格
人士（包括任何(a)雇员；(b)非执行董事
（包括独立非执行董事）；(c)货品或服务
供应商；(d)客户；(e)提供研究、开发或
其他技术支持的任何个人或公司；(f)股
东；(g)雇问或咨询人；(h)曾经或可能藉
合资经营、业务联盟或其他业务安排而
对发展及增长作出贡献的其他组别或类
别参与者）接纳可认购股份的购股权，惟
须受2014年购股权计划的条款及条件规
限。2014年购股权计划旨在向选定的参
与者授出购股权，作为彼等对本公司贡
献的激励或回报。
因行使根据2014年购股权计划及本公司
任何其他购股权计划所授出所有购股权
（就此而言，并不包括根据2014年购股权
计划及本公司任何其他购股权计划条款
而失效者）而可予配发及发行的股份总数
合计不得超过于上市日期的已发行股份
的2%，即80,000,000股份（「一般计划
上限」）。
于2022年11月8日，本公司进行了股份
拆细，将本公司股本中每一(1)股每股面
值0.0001美元之现有已发行及未发行股
份拆细为本公司股本中两(2)股每股面值
0.00005美元之拆细股份（「股份拆细」）。
于股份拆细完成后，根据2014年购股
权计划所授出所有购股权获行使而可予
配发及发行的股份总数合计不得超过
160,000,000股份。
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
DIRECTORS’ REPORT
董事会报告
There was (i) no option granted, exercised, canceled or lapsed
during the Reporting Period; and (i) no outstanding options as at
the begining and at the end of the Reporting Period. There were
160,000,000 options available for grant as at the begining of the
Reporting Period. The 2014 Share Option Scheme was in efect
for 10 years comencing on the date on which it was adopted.
As at 31 December 2024 and the date of this report, the 2014
Share Option Scheme has expired. Acordingly, no further option
may be granted under the 2014 Share Option Scheme.
2024 Share Option Scheme
On 28 June 2024, the Company adopted a share option scheme
(the “2024 Share Option Scheme”). The purposes of the 2024
Share Option Scheme are (i) to recognise the contributions by
eligible participants by providing them with an oportunity to
acquire a proprietary interest in the Company; (i) to encourage
and retain such individuals for the continual operation and
development of the Group, as wel as to provide aditional
incentives for them to achieve performance goals; and (i)
to provide the Company with a flexible means of retaining,
incentivising, rewarding, remunerating, compensating and/or
providing benefits to eligible participants. The 2024 Share Option
Scheme shal be valid and efective for a period of ten years
comencing on the adoption date.
The maximum number of Shares which may be isued in respect of
al options to be granted under the 2024 Share Option Scheme and
any other share scheme(s) is 811,400,200 Shares, representing 10%
of the total number of Shares in isue as at the adoption date.
Eligible participants include the employe participants (the
“Employe Participants”). The basis of eligibility of Employe
Participants to the grant of any option shal be determined by
the Board from time to time in acordance with the folowing
criteria: (i) his/her skils, knowledge, experience, expertise and
other relevant personal qualities; (i) his/her performance, time
comitment, responsibilities or employment conditions and the
prevailing market practice and industry standard; (i) his/her
contribution made or expected to be made to the growth of the
Group and the positive impacts which he/she may bring to the
Group’s busines and development; (iv) his/her educational and
profesional qualifications, and knowledge in the industry; and (v)
whether granting options to him/her is an apropriate incentive
to motivate him/her to continue to contribute towards the
beterment of the Group. The total number of Shares in respect
of which options may be granted to each eligible participant in
any 12-month period must not exced 1% of the isued share
capital of the Company for the time being.
(i)于报告期内，概无购股权获授出、行
使、注销或失效；及(i)于报告期初及
期末，概无尚未行使购股权。于报告期
初，有160,000,000份购股权可供授出。
2014年购股权计划的有效期为自采纳日
期起十年。于2024年12月31日及本报
告日期，2014年购股权计划已届满。因
此，概无进一步购股权可根据2014年购
股权计划授出。
2024年购股权计划
于2024年6月28日，本公司采纳一项购
股权计划（「2024年购股权计划」）。2024
年购股权计划旨在(i)认可合资格参与者作
出之贡献，为彼等提供获得本公司所有
权益的机会；(i)为本集团的持续经营
及发展鼓励及留住有关人士，并为彼等
实现表现目标提供额外奖励；及(i)为本
公司提供灵活方法，以挽留、奖励、回
报、酬劳、补偿合资格参与者及╱或向
合资格参与者提供福利。2024年购股权
计划的有效期为自采纳日期起十年。
就根据2024年购股权计划及任何其他股
份计划将予授出的所有购股权而可能发
行的最高股份数目为811,400,200股
份，占采纳日期已发行股份总数的10%。
合资格参与者包括雇员参与者（「雇员参
与者」）。雇员参与者可获授任何购股权
的资格基准应由董事会根据以下标准不
时厘定：(i)其技能、知识、经验、专长及
其他相关个人品质；(i)其表现、时间投
入、职责或雇佣条件以及当前市场惯例
及行业标准；(i)其对本集团增长作出的
或预期作出的贡献，以及其对本集团业
务及发展可能带来的积极影响；(iv)其教
育及专业资历，以及行业知识；及(v)向
其授出购股权是否为激励其继续为本集
团的更好发展作出贡献的适当奖励。于
任何12个月期间，有关可授予每名合资
格参与者的购股权的股份总数不得超过
本公司当时已发行股本的1%。
2024年度报告 海昌海洋公园控股有限公司
DIRECTORS’ REPORT
董事会报告
No option was granted, exercised, canceled or lapsed during the
Reporting Period and there was no option outstanding under the
2024 Share Option Scheme as at 31 December 2024. The number
of options available for grant under the 2024 Share Option
Scheme at the begining and the end of the Reporting Period
were 811,400,200 Shares and 811,400,200 Shares, respectively.
SHARE AWARD SCHEME
The Company adopted the share award scheme on 5 January
2022 (the “Share Award Scheme”). The purposes of the Share
Award Scheme are (i) to recognise the contributions by the
Selected Participants; (i) to ofer suitable incentives to atract and
retain the talented Selected Participants who may be beneficial to
the growth and development of the Group; and (i) to align the
interests of the Selected Participants directly to the Shareholders
through the ownership of the Shares, dividends and other
distributions paid on the Shares and/or the increase in the value
of the Shares. Please refer to the Company’s anouncement dated
5 January 2022 for further details. Unles otherwise defined,
capitalised terms used herein shal have the same meaning as
those defined in the anouncement.
Any individual who is an employe, oficer, director or consultant
of the Company or any of its Subsidiaries shal be entitled to
participate in the Share Award Scheme, except for any individual
who is resident in a place where the grant, aceptance or
vesting of an award pursuant to the Share Award Scheme is
not permited under the laws and regulations of such place or
where, in the view of the Board, compliance with aplicable laws
and regulations in such place makes it necesary or expedient to
exclude such individual. In determining the Selected Participants,
the Board shal take into consideration maters including, but
without limitation, the present and expected contribution of the
relevant Selected Participants to the Group.
于报告期内，概无购股权获授出、行
使、注销或失效，且于2024年12月
31日，2024年购股权计划项下概无尚
未行使购股权。于报告期初及期末，
2024年购股权计划项下可供授出的购
股权数目分别为811,400,200股份及
811,400,200股份。
股份奖励计划
本公司已于2022年1月5日采纳股份奖励
计划（「股份奖励计划」）。股份奖励计划
旨在：(i)认可选定参与者作出之贡献；(i)
提供合适的奖励，以吸引及挽留可能对
本集团增长及发展有利的优秀选定参与
者；及(i)透过让选定参与者拥有股份、
享有股息及就股份作出的其他分派及╱
或股份增值，而令选定参与者的利益与
股东利益直接挂钩。有关进一步详情，
请参阅本公司日期为2022年1月5日的公
布。除文义另有所指者外，本文所用词
汇与该公布所界定者具相同涵义。
为本公司或其任何附属公司雇员、高级
职员、董事或顾问的任何个人均有权参
与股份奖励计划，惟居于当地法律及法
规禁止根据股份奖励计划授出、接纳或
归属奖励或董事会认为根据当地适用法
律及法规必须或适宜排除该人士之任何
个人除外。于厘定选定参与者时，董事
会应考虑的事宜包括（但不限于）相关选
定参与者现时及预期为本集团带来的贡
献。
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
DIRECTORS’ REPORT
董事会报告
根据该计划之条款及条件以及上市规则
之要求，董事会可不时全权酌情挑选任
何合资格人士作为选定参与者参与该计
划，向选定参与者提出要约并向选定参
与者授出奖励股份，该奖励将以下列方
式支付：(i)受托人根据本公司于相关授出
日期可动用之一般授权或根据股东批准
或将批准之特别授权认购之新股份；或
(i)受托人自任何股东获得或受托人按照
董事会的指示于公开市场（不论是在场内
或场外）购买之现有股份。
受托人根据该计划认购的任何新股份将
根据于授出日期有效的可动用一般授权
发行。仅当认购的新股份数目超过可动
用的一般授权时，董事会方会寻求股东
批准特别授权，以涵盖可动用一般授权
以外的该等新股份。因此，偿付任何奖
励的新股份将根据股东批准且相关奖励
期间有效的可动用一般授权及╱或股东
就相关奖励批准或将批准的特别授权发
行。
股份奖励计划并无订明最短归属期或承
授人可予以行使奖励的期限。于该计划
生效时及在所有适用法律的规限下，董
事会可不时厘定将予归属之奖励的归属
标准及条件或期限。所有该等归属标准
及条件（如有）及期限（包括归属日期）将
载于向每名选定参与者发出的相关奖励
函件内。
Subject to terms and conditions of the Scheme and the
requirements of the Listing Rules, the Board may, from time
to time at its absolute discretion, select any Eligible Person to
participate in the Scheme as a Selected Participant, make an
ofer to the Selected Participants and grant the Award Shares
to such Selected Participants which are to be satisfied by (i) the
new Shares to be subscribed by the Truste under the Company’s
available general mandate on the relevant Grant Date or under a
specific mandate aproved or to be aproved by the Shareholders;
or (i) the existing Shares received by the Truste from any
Shareholder or purchased by the Truste in the open market
(either on-market or of-market) as directed by the Board.
Any new Shares to be subscribed by the Truste under the Scheme
wil be isued under the available general mandate in efect on
the Grant Date. Only when the number of the new Shares to be
subscribed exceds the available general mandate wil the Board
sek a specific mandate to be aproved by the Shareholders to
cover those new Shares that fal outside of the available general
mandate. As such, the new Shares to satisfy any Awards wil
be isued under the available general mandate aproved by the
Shareholders in efect at the time of the relevant Award, and/or a
specific mandate aproved or to be aproved by the Shareholders
for the relevant Award.
The Share Award Scheme does not specify a minimum vesting
period, or a period within which an award may be exercised
by the grante. The Board may from time to time while the
Scheme is in force and subject to al aplicable laws, determine
such vesting criteria and conditions or periods for the Awards
to be vested. Al of such vesting criteria and conditions (if any)
and periods (including the Vesting Date) shal be set out in the
relevant Award Leter isued to each Selected Participant.
2024年度报告 海昌海洋公园控股有限公司
DIRECTORS’ REPORT
董事会报告
倘进一步授出奖励将导致根据股份奖励
计划授出的股份数目超过采纳日期已发
行股份总数的10%（即400,000,000股
份，「计划限额」），则本公司不得进一步
授出任何奖励。于本公司在2022年11月
8日进行的股份拆细完成后以及于报告期
初及期末，根据计划限额可予以授出的
股份总数合共不得超过800,000,000股
份，相当于本报告日期已发行股份总数
约9.86%。该最高数目不是每年设定的
上限，而是于整个奖励期间可能授出的
股份的最高数目。于截至各授出日期的
12个月期间内，可奖励一名选定参与者
的最高股份数目不得超过于相关授出日
期已发行股份总数的1%。
股份奖励计划应于以下较早者终止：(i)奖
励期间届满；及(i)董事会厘定的提早终
止日期，惟该终止不得影响该计划项下
的任何选定参与者的任何既有权利。
自采纳股份奖励计划以来及直至本报告
日期，概无根据股份奖励计划向任何选
定参与者授予奖励股份。于本年报日
期，受托人持有从市场上购回且根据股
份奖励计划可供授出的9,910,000股
份，相当于已发行股份总数的约0.12%。
股票挂钩协议
除本年报所披露者外，本公司并无订立
亦不存在任何股票挂钩协议，且于截至
2024年12月31日止六个月内并无任何条
文规定订立任何将会或可能导致本公司
发行股份的协议。
The Company shal not make any further grant of award which
wil result in the number of Shares granted under the Share Award
Scheme exceding 10% of the total number of isued Shares
as at the adoption date, i.e. 400,000,000 Shares (the “Scheme
Limit”). Upon completion of the share subdivision conducted by
the Company on 8 November 2022 and at the begining and the
end of the Reporting Period, the total number of Shares which
may be granted under the Scheme Limit shal not in agregate
exced 800,000,000 Shares, representing aproximately 9.86%
of the total isued Shares as at the date of this report. Such
maximum number is not a limit set for yearly basis but the
maximum number of the Shares that may be awarded throughout
the award period. The maximum number of the Shares which
may be awarded to a Selected Participant in the 12-month period
up to each Grant Date shal not exced one per cent of the total
number of isued Shares on the relevant Grant Date.
The Share Award Scheme shal terminate on the earlier of: (i) the
expiry of the Award Period; and (i) such date of early termination
as determined by the Board provided that such termination shal
not afect any subsisting rights of any Selected Participant under
the Scheme.
Since the adoption of the Share Award Scheme and up to the
date of this report, no award share has ben granted to any
Selected Participants pursuant to the Share Award Scheme. As at
the date of this anual report, the Truste holds 9,910,000 Shares
purchased on-market which are available for grant under the
Share Award Scheme, representing aproximately 0.12% of the
total isued Shares.
EQUITY-LINKED AGREMENTS
Save as disclosed in this anual report, no equity-linked
agrement was entered into by or subsisted in the Company, and
there was no provision to enter into any agrement which wil or
may result in the Company isuing shares during the six months
ended 31 December 2024.
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
DIRECTORS’ REPORT
董事会报告
DED OF NON-COMPETITION FROM THE
CONTROLING SHAREHOLDERS
On 27 February 2014, Mr. Qu Naijie and Haichang Group Limited
entered into a ded of non-competition (the “Original Ded
of Non-competition”) in favour of the Company in order to
mitigate any potential conflict of interest with the Group. Details
of the Original Ded of Non-competition were disclosed in the
prospectus (the “Prospectus”) of the Company dated 28 February
2014 under the section headed “Relationship with our Controling
Shareholders”.
On 14 January 2020, upon becoming the controling shareholders
of the Group, Mr. Qu Cheng, Haichang Group Limited and Spedy
Journey Investment Limited (the “Controling Shareholders”)
entered into a ded of non-competition (together with the
Original Ded of Non-competition, the “Deds of Non-
competition”) in favour of the Company, pursuant to which the
Controling Shareholders shal not, and shal procure his/its close
asociates and/or the persons and companies controled by him/
it, not to, among other things, cary on, participate in, acquire or
hold any right or interest or otherwise be interested, involved or
engaged in or conected with, directly or indirectly, any busines
which is in any respect in competition with or similar to or is
likely to be in competition with, or provide suport in any form
to persons or entities other than the Group to engage in busines
that constitutes or may constitute direct or indirect competition
with, the busines in which any member of the Group is engaged
or is otherwise involved in its principal busines from time to time.
An independent board comite of the Company (the
“Independent Board Comite”) consisting exclusively of
independent non-executive Directors was set up to monitor the
execution and the performance of obligations of the Deds of
Non-competition by the Controling Shareholders and Mr. Qu
Naijie. The Independent Board Comite has reviewed the
status of compliance, and none of the Controling Shareholders
and Mr. Qu Naijie, nor any of its subsidiaries, where aplicable,
or close asociates were found by the Group contravening the
relevant non-competition undertakings during the year ended 31
December 2024.
来自控股东的不竞争契据
于2014年2月27日，曲乃杰先生及海昌
集团有限公司订立有利于本公司的不竞
争契据（「原不竞争契据」），以降低与本
集团之间的任何潜在利益冲突。有关原
不竞争契据的详情于本公司日期为2014
年2月28日的招股章程（「招股章程」）中
「与本公司控股东的关系」一节披露。
于2020年1月14日，于成为本集团控股
股东后，曲程先生、海昌集团有限公司
及驰程投资有限公司（「控股东」）订立
有利于本公司的不竞争契据（连同原不竞
争契据统称「该等不竞争契据」），据此，
控股东不会并将促使其紧密联系人
及╱或由其控制的人士及公司不会（其中
包括）直接或间接进行、参与、收购或持
有任何权利或权益或以其他方式持有权
益、涉及或从事有关连于与本集团任何
成员不时于其主要业务从事或以其他方
式涉及的业务在任何方面构成竞争或类
似或可能存在竞争的业务，或以任何形
式向本集团以外的人士或实体提供支持
以从事构成或可能构成直接或间接与本
集团任何成员不时于其主要业务从事或
以其他方式涉及的业务构成竞争的业务。
本公司完全由独立非执行董事组成的独
立董事委员会（「独立董事委员会」）经
已成立，以监察控股东及曲乃杰先生
对于该等不竞争契据的执行及责任的履
行。独立董事委员会已检讨合规状况，
本集团在截至2024年12月31日止年度，
未发现控股东及曲乃杰先生及其附属
公司（如适用）或紧密联系人存在违反相
关不竞争承诺的情况。
2024年度报告 海昌海洋公园控股有限公司
DIRECTORS’ REPORT
董事会报告
RELATED PARTY TRANSACTIONS
A sumary of the related party transactions entered into by the
Group during the year ended 31 December 2024 is contained in
note 37 to the consolidated financial statements in this anual
report. The Directors consider that those related party transactions
did not fal under the definition of “conected transactions”
or “continuing conected transactions” (as the case may be) in
Chapter 14A of the Listing Rules which are required to comply
with any of the reporting, anouncement or independent
shareholders’ aproval requirements under the Listing Rules.
TAX RELIEF AND EXEMPTION
The Directors are not aware of any tax relief and exemption
available to the shareholders by reason of their holding of the
Company’s securities.
PRE-EMPTIVE RIGHTS
There are no provisions for pre-emptive rights under the Articles
of Asociation or the laws of the Cayman Islands that would
oblige the Company to ofer new Shares on a pro rata basis to
existing shareholders.
SUFICIENCY OF PUBLIC FLOAT
Based on the information that is publicly available and within the
knowledge of the Directors, during the year ended 31 December
2024 and up to the date of this anual report, the Company had
maintained suficient public float as required under the Listing
Rules.
POST BALANCE SHET EVENTS
A sumary of the major events in relation to the Company that
have ocured since the balance shet date are set out in note 42
to the consolidated financial statements in this anual report.
关连人士交易
本集团于以2024年12月31日为止年度
内订立的关连人士交易概要，载于本年
报合并财务报表附注37。董事认为，该
等关连人士交易并不属于上市规则第十
四A章所定义须遵守上市规则项下任何申
报、公告或独立股东批准规则的「关连交
易」或「持续关连交易」（视乎情况而定）。
税务减免及豁免
董事并不知悉股东因持有本公司证券而
可享有的任何税务减免及豁免。
优先购买权
章程细则或开曼群岛法例概无优先购买
权条文，规定本公司须向现有股东按比
例发售新股。
足够公众持股量
根据于截至2024年12月31日止年度及直
至本年报日期公开可得的资料及据董事
所知，本公司一直维持上市规则所规定
之足够公众持股量。
结算日后事项
有关于结算日后发生的关于本公司的重
大事项概要，载于本年报合并财务报表
附注42。
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
DIRECTORS’ REPORT
董事会报告
AUDIT COMITE
As at the date of this anual report, the Audit Comite
comprises thre independent non-executive Directors, namely Mr.
Zhu Yuchen, Mr. Wang Jun and Ms. Shen Han. Mr. Zhu Yuchen
was the chairman of the Audit Comite.
The Audit Comite has reviewed together with the Directors
the audited consolidated financial statements of the Group for
the year ended 31 December 2024.
AUDITOR
The consolidated financial statements of the Company for the year
ended 31 December 2024 have ben audited by HLB Hodgson
Impey Cheng Limited, the auditor of the Company.
The auditor of the Company was changed from Ernst & Young to
HLB Hodgson Impey Cheng Limited with efect from 6 December
2024.
On behalf of the Board
Mr. Qu Naijie
Executive Director, Chairman of the Board and Chief Executive Oficer
30 March 2025
审核委员会
于本年报日期，审核委员会由三名独立
非执行董事朱玉辰先生、王军先生及沈
涵女士组成。朱玉辰先生为审核委员会
主席。
审核委员会已与董事审阅本集团截至
2024年12月31日止年度之经审核综合财
务报表。
核数师
本公司截至2024年12月31日止年度之合
并财务报表已由本公司核数师国卫会计
师事务所有限公司审核。
本公司核数师已由安永会计师事务所更
换为国卫会计师事务所有限公司，自
2024年12月6日起生效。
代表董事会
曲乃杰先生
执行董事、董事会主席兼行政总裁
2025年3月30日
2024年度报告 海昌海洋公园控股有限公司
CORPORATE GOVERNANCE REPORT
企业管治报告
Corporate
Governance Report
企业管治报告
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
CORPORATE GOVERNANCE REPORT
企业管治报告
企业管治常规
本集团致力维持高水平的企业管治，以
保障股东利益及提升企业价值和问责
性。本公司已采纳上市规则附录C1所载
的企业管治守则（「企业管治守则」）第二
部分守则条文作为其本身的企业管治守
则。
截至本年报日期，本公司违反企业管治
守则的情况如下：
主席及行政总裁
根据企业管治守则的守则条文第C.2.1
条，主席与行政总裁的角色应予区分，
不应由同一人兼任。曲乃杰先生担任本
公司董事会主席兼行政总裁。本公司认
为偏离该规定实属恰当，原因为由同一
人兼任主席和行政总裁角色有助提高制
定及执行本公司策略之效率，让本集团
更高效及时地抓紧商机。本公司认为，
在董事会及独立非执行董事之监督下，
制衡机制可充分及公平呈现股东利益。
董事会主席兼本公司行政总裁负责制定
本集团整体策略，并监督一般企业、财
务及合规事宜，以及战略性决策及本集
团管理。
本公司的主要企业管治原则及常规在本
年报的随后部份概述。
董事会
职责
董事会负责本集团的整体领导、监督本
集团的策略决策及监控业务与表现。董
事会已向本集团高级管理层授予有关本
集团日常管理及经营方面的权力及职责。
CORPORATE GOVERNANCE PRACTICES
The Group is comited to maintaining high standards of
corporate governance to safeguard the interests of Shareholders
and to enhance corporate value and acountability. The
Company has adopted the code provisions in Part 2 of Corporate
Governance Code (the “CG Code”) contained in Apendix C1 to
the Listing Rules as its own code of corporate governance.
As at the date of this anual report, the Company is in deviation
from the folowing code provisions of the CG Code:
CHAIRMAN AND CHIEF EXECUTIVE OFICER
As required by code provision C.2.1 of the CG Code, the roles
of chairman and chief executive oficer should be separate
and performed by diferent individuals. Mr. Qu Naijie acts as
the chairman of the Board and the chief executive oficer of
the Company. The Company considers that it is apropriate
to deviate from the code provision as taking the roles of both
chairman and chief executive by the same individual helps
enhance the eficiency of the formulation and implementation of
the Company’s strategies and alow the Group to grasp busines
oportunities in an eficient and timely maner. The Company
is of the view that under the supervision of the Board and the
independent non-executive Directors, a balancing mechanism
exists so that the interests of the Shareholders are adequately and
fairly represented.
The chairman of the Board and chief executive oficer of the
Company is responsible for overal strategic planing and
overseing the general corporate, financial and compliance
afairs of the Group, and the strategic decision making and the
management of the Group.
The key corporate governance principles and practices of the
Company are outlined later in this anual report.
THE BOARD OF DIRECTORS
Responsibilities
The Board is responsible for the overal leadership of the Group,
overses the Group’s strategic decisions and monitors busines
and performance. The Board has delegated the authority and
responsibility for day-to-day management and operation of the
Group to the senior management of the Group.
2024年度报告 海昌海洋公园控股有限公司
CORPORATE GOVERNANCE REPORT
企业管治报告
为监督本公司事务的特定方面，董事会
已成立五个董事委员会，即审核委员
会、薪酬委员会、提名委员会、风险管
理及企业管治委员会及独立董事委员会
（统称「董事委员会」）。董事会已向董事
委员会授权彼等各自职权范围所载之职
责。
董事会组成
于本年报日期，董事会由九名成员组
成，包括三名执行董事、三名非执行董
事及三名独立非执行董事。下表载列年
内及于本年报日期各董事的资料。
Name of DirectorOther Position/Title
Date of first
apointment
Date of last
re-election as Director
董事姓名其他职位╱职衔首次获委任日期最近获重选为董事日期
Executive Directors 执行董事
Qu NaijieChairman and Chief
Executive Oficer
21 November 201128 June 2024
曲乃杰主席兼行政总裁2011年11月21日2024年6月28日
Qu ChengAuthorised Representative25 May 201610 June 2022
曲程授权代表2016年5月25日2022年6月10日
Li KehuiSenior Vice President17 November 202328 June 2024
李珂晖高级副总裁2023年11月17日2024年6月28日
To overse particular aspects of the Company’s afairs, the
Board has established five Board comites, namely the Audit
Comite, the Remuneration Comite, the Nomination
Comite, the Risk Management and Corporate Governance
Comite and the Independent Board Comite (together, the
“Board Comites”). The Board has delegated to the Board
Comites responsibilities as set out in their respective terms of
reference.
Board composition
As at the date of this anual report, the Board comprised
nine members, consisted of thre executive Directors, thre
non-executive Directors and thre independent non-executive
Directors. Information of the Directors during the year and as at
the date of this anual report is set out in the folowing table.
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
CORPORATE GOVERNANCE REPORT
企业管治报告
Name of DirectorOther Position/Title
Date of first
apointment
Date of last
re-election as Director
董事姓名其他职位╱职衔首次获委任日期最近获重选为董事日期
Non-executive Directors 非执行董事
Wang Xuguang19 July 20129 June 2023
王旭光2012年7月19日2023年6月9日
Go Toutou
(Former name Wu Tongtong)
3 July 202328 June 2024
Go Toutou （前称吴桐）2023年7月3日2024年6月28日
Yuan Bing24 August 20129 June 2023
袁兵2012年8月24日2023年6月9日
Independent Non-executive Directors 独立非执行董事
Zhu Yuchen9 June 20239 June 2023
朱玉辰2023年6月9日2023年6月9日
Wang Jun19 December 201928 June 2024
王军2019年12月19日2024年6月28日
Shen Han31 October 202328 June 2024
沈涵2023年10月31日2024年6月28日
2024年度报告 海昌海洋公园控股有限公司
CORPORATE GOVERNANCE REPORT
企业管治报告
董事的履历资料载于本年报第36至49页
「董事及高级管理层」一节。董事会成员
之间的关系亦在该节内披露。
全体董事（包括非执行董事及独立非执行
董事）已为董事会之高效及有效运作带来
广泛有价值的业务经验、知识及专业技
能。独立非执行董事应邀担任审核委员
会、薪酬委员会、提名委员会、风险管
理及企业管治委员会及独立董事委员会
成员。
就职及持续专业发展
根据企业管治守则之守则条文第C.1.4
条，全体董事应参与持续专业发展以发
展及更新其知识及技能。
董事已获提供相关培训，以确保彼等适
当了解本集团业务运营以及充份认识到
彼等作为上市公司董事的职责及责任以
及上市规则项下的合规惯例。本公司不
时为董事更新及提供书面培训材料，并
就与董事的职务及职责有关的上市规
则、适用法律、法规及规章的最新发展
举办研讨会。董事可根据董事寻求独立
专业意见的政策要求本公司提供独立专
业意见，以履行董事对本公司的职责，
有关开支概由本公司承担。
The biographical information of the Directors are set out in the
section headed “Directors and Senior Management” on pages
36 to 49 of this anual report. The relationships betwen the
members of the Board are also disclosed under that section.
Al Directors, including non-executive Directors and independent
non-executive Directors, have brought a wide spectrum of
valuable busines experience, knowledge and profesionalism to
the Board for its eficient and efective functioning. Independent
non-executive Directors are invited to serve on the Audit
Comite, the Remuneration Comite, the Nomination
Comite, the Risk Management and Corporate Governance
Comite and the Independent Board Comite.
INDUCTION AND CONTINUING PROFESIONAL
DEVELOPMENT
Pursuant to code provision C.1.4 of the CG Code, al directors
should participate in continuous profesional development to
develop and refresh their knowledge and skils.
The Directors have ben provided with the relevant training to
ensure that they have a proper understanding of the busines and
operations of the Group and that they are fuly aware of their
responsibilities and obligations as a director of a listed company
as wel as the compliance practice under the Listing Rules. The
Company from time to time updates and provides writen training
materials to the Directors, and organises seminars on the latest
development of the Listing Rules, aplicable laws, rules and
regulations relating to directors’ duties and responsibilities. The
Directors may request the Company, pursuant to the policy for
Directors to sek independent profesional advice, to provide
independent profesional advice at the expense of the Company
to discharge their respective duties to the Company.
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
CORPORATE GOVERNANCE REPORT
企业管治报告
根据董事提供的记录，董事于以2024年
12月31日为止的年度接受与业务、董事
职责及责任及最新监管消息有关培训的
记录如下：
Atending seminars/
conferences/forumsReading
materials
阅读资料Name of Director董事姓名
出席研究会╱
会议╱论坛
Executive Directors执行董事
Qu Naijie曲乃杰✓
Qu Cheng曲程✓
Li Kehui李珂晖✓
Non-executive Directors非执行董事
Wang Xuguang王旭光✓
Go Toutou (Former name Wu Tongtong)Go Toutou
（前称吴桐）
✓
Yuan Bing袁兵✓
Independent Non-executive Directors独立非执行董事
Zhu Yuchen朱玉辰✓
Wang Jun王军✓
Shen Han沈涵✓
Acording to records provided by the Directors, a sumary
of training received by the Directors relating to the busines,
directors’ duties and responsibilities and regulatory updates during
the year ended 31 December 2024 is as folows:
2024年度报告 海昌海洋公园控股有限公司
CORPORATE GOVERNANCE REPORT
企业管治报告
非执行董事－委任年期
概无非执行董事获委以超过三年之特定
任期。董事概无订立本公司或其附属公
司未支付补偿（法定补偿除外）则不可于
一年内终止之任何未届满服务合约。
独立非执行董事
除本年报所披露者外，于以2024年12月
31日为止的年度，本公司已遵守上市规
则第3.10(1)条及第3.10(2)条有关委任至
少三名独立非执行董事，而其中至少有
一名独立非执行董事拥有适当的专业资
格或会计或相关财务管理专长之规定。
除本年报所披露外，本公司亦已遵守上
市规则第3.10A条有关委任的独立非执行
董事须占董事会成员人数至少三分之一
之规定。
NON-EXECUTIVE DIRECTORS – TERM OF
APOINTMENT
None of the non-executive Directors are apointed for a specific
term of longer than thre years. None of the Directors has any
unexpired service contracts which is not determinable by the
Company or its subsidiaries within one year without payment of
compensation, other than statutory compensation.
INDEPENDENT NON-EXECUTIVE DIRECTORS
Save as disclosed in this anual report, during the year ended
31 December 2024, the Company was in compliance with the
requirements of Rules 3.10(1) and 3.10(2) of the Listing Rules
relating to the apointment of at least thre independent non-
executive Directors with at least one independent non-executive
Director posesing apropriate profesional qualifications or
acounting or related financial management expertise.
Save as disclosed in this anual report, the Company was also
in compliance with the requirement of Rule 3.10A of the Listing
Rules relating to the apointment of independent non-executive
directors representing at least one-third of the Board.
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
CORPORATE GOVERNANCE REPORT
企业管治报告
本公司已收到各独立非执行董事根据上
市规则第3.13条所发出有关其独立性之
书面年度确认，而本公司认为彼等各自
均为独立人士。
董事服务合约
建议于应届股东周年大会重选的董事概
无与本集团订立本集团未支付补偿（法定
补偿除外）则不可于一年内终止之服务合
约。
董事之委任、退任、重选及罢免之规则
及程序乃载于章程细则。提名委员会负
责检讨董事会架构、人数及组成，并就
董事之委任及连任以及继任计划向董事
会提供建议。
提名、委任、退任及重选
根据章程细则，当时为数三分之一的董
事（如董事人数并非三或三的倍数，则须
为最接近但不少于三分之一的董事人数）
须轮值退任，并合资格于各股东周年大
会上重选或连任，惟各董事须最少每三
年轮值退任一次，而任何因填补临时职
位空缺或作为董事会新增成员而获委任
的新任董事须在接受委任后之下一次股
东大会上由股东进行重选。
董事会议
董事会拟定期举行董事会议，即每年
至少举行四次会议及大致按季度举行会
议，一般会于第四季预定会议时间。董
事会常规会议通知将于会议举行前至少
十四日送呈全体董事，让其安排出席会
议，并于常规董事会议程内载入所
要讨论的事宜。董事会亦会于某事项需
要作出董事会决议时举行会议，并会发
出合理通知。
The Company has received writen anual confirmation from
each of the independent non-executive Directors on his/her
independence pursuant to Rule 3.13 of the Listing Rules and the
Company considers each of them to be independent.
DIRECTORS’ SERVICE AGREMENTS
None of the Directors who is proposed for re-election at the
forthcoming anual general meting has any service agrement
which is not determinable by the Group within one year without
payment of compensation (other than statutory compensation).
The rules and procedures governing the apointment, retirement,
re-election and removal of Directors are set out in the Articles
of Asociation. The Nomination Comite is responsible for
reviewing the Board structure, size and composition and making
recomendations to the Board on the apointment and re-
apointment of Directors and sucesion planing for Directors.
NOMINATION, APOINTMENT, RETIREMENT
AND RE-ELECTION
In acordance with the Articles of Asociation, at least one-third
of the Directors for the time being (or, if their number is not thre
or a multiple of thre, then the number nearest to, but not les
than, one-third) shal retire from ofice by rotation and shal be
eligible for re-election and re-apointment at every anual general
meting provided that each Director shal be subject to retirement
by rotation at least once every thre years and any new Director
apointed to fil a causal vacancy or as an adition to the Board
shal submit himself/herself for re-election by Shareholders at the
next general meting after apointment.
BOARD METINGS
The Board intends to hold Board metings regularly at least
four times a year at aproximately quarterly intervals which are
normaly scheduled in the fourth quarter of the preceding year.
Notices of not les than fourten days wil be given for al regular
Board metings to provide al Directors with an oportunity
to atend and include maters in the agenda for regular Board
metings. The Board wil also hold meting on other ocasions
when a board-level decision on a particular mater is required.
Reasonable notice wil generaly be given.
2024年度报告 海昌海洋公园控股有限公司
CORPORATE GOVERNANCE REPORT
企业管治报告
董事于截至2024年12月31日止年度举行
的董事会议、董事委员会议及两次
股东大会的出席记录如下：
Number of metings atended/eligible to atend
出席╱合资格出席会议次数
Name of Directors董事姓名
Board
Meting
Audit
Comite
Meting
Remuneration
Comite
Meting
Nomination
Comite
Meting
Risk
Management
and Corporate
Governance
Comite
Meting
Independent
Board
Comite
Meting
General
Meting
董事会议
审核
委员会议
薪酬
委员会议
提名
委员会议
风险管理及
企业管治
委员会议独立董事股东大会
Executive Directors执行董事
Qu Naijie曲乃杰6/6–1/1–0/2
Qu Cheng曲程6/6–2/2
Li Kehui李珂晖6/6–2/2
Non-executive Directors非执行董事
Wang Xuguang王旭光6/6–1/1–2/2
Go Toutou
(Former name Wu Tongtong)
Go Toutou
（前称吴桐）3/6–2/2
Yuan Bing袁兵6/6–2/2–2/2
Independent Non-executive Directors独立非执行董事
Zhu Yuchen朱玉辰6/63/31/1–2/22/22/2
Wang Jun王军6/63/31/11/11/1
(Note) （附注）
2/22/2
Shen Han沈涵6/63/3–1/11/1
(Note) （附注）
2/22/2
附注： 于报告期内，沈涵女士辞任及王军先生已
获委任为风险管理及企业管治委员会成员。
Details of Directors’ atendance at Board metings, Board
Comite metings and two general metings held during the
year ended 31 December 2024 are set out in the table below:
Note: Ms. Shen Han resigned and Mr. Wang Jun was apointed as a
member of the Risk Management and Corporate Governance
Comite during the Reporting Period.
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
CORPORATE GOVERNANCE REPORT
企业管治报告
董事进行证券交易
本公司已采纳标准守则作为其自身有关
董事之证券交易的行为守则。经向全体
董事作出具体查询后，本公司确认董事
已于截至2024年12月31日止年度内一直
遵守标准守则所规定的标准。
董事会之授权
董事会对本公司所有重大事宜保留决策
权，包括：批准及监督一切政策事宜、
整体策略及预算、内部监控及风险管理
制度、重大交易（特别是可能牵涉利益冲
突者）、财务资料、任命董事及其他主要
财务及运营事宜。董事于履行彼等职责
时可寻求独立专业意见，费用由本公司
承担，并鼓励董事向本公司高级管理层
接触以进行独立咨询。
本集团之日常管理、行政及运营交予高
级管理层负责。授权职能及职责由董事
会定期检讨。管理层达成任何重大交易
前均须取得董事会批准。
企业管治职能
董事会承认企业管治乃全体董事之共同
责任。于截至2024年12月31日止年度，
如以下各节所披露，董事会把企业管治
职责授予董事委员会。
提名委员会
提名委员会于2014年2月23日成立。提
名委员会包括董事会主席及两名独立非
执行董事，分别为曲乃杰先生（主席）、
王军先生及沈涵女士。提名委员会的主
要职责为就董事的委任及罢免向董事会
提供建议。
DIRECTORS’ SECURITIES TRANSACTIONS
The Company has adopted the Model Code as its own code of
conduct regarding Directors’ securities transactions. Having made
specific enquiry of al Directors, the Company confirmed that the
Directors had complied with the required standard set out in the
Model Code throughout the year ended 31 December 2024.
DELEGATION BY THE BOARD
The Board reserves for its decision al major maters of the
Company, including: aproval and monitoring of al policy
maters, overal strategies and budgets, internal control and risk
management systems, material transactions (in particular those
that may involve conflict of interests), financial information,
apointment of Directors and other significant financial and
operational maters. Directors could have recourse to independent
profesional advice in performing their duties at the Company’s
expense and are encouraged to aces and to consult with the
Company’s senior management independently.
The daily management, administration and operation of the
Group are delegated to the senior management. The delegated
functions and responsibilities are periodicaly reviewed by the
Board. Aproval has to be obtained from the Board prior to any
significant transactions entered into by the management.
CORPORATE GOVERNANCE FUNCTION
The Board recognises that corporate governance should be the
colective responsibility of the Directors. During the year ended 31
December 2024, the Board delegated the corporate governance
duties to the Board Comites as disclosed under the folowing
sections.
NOMINATION COMITE
The Nomination Comite was established on 23 February
2014. The Nomination Comite comprises the chairman of
the Board and two independent non-executive Directors, namely
Mr. Qu Naijie (Chairman), Mr. Wang Jun and Ms. Shen Han.
The primary duties of the Nomination Comite are to make
recomendations to our Board on the apointment and removal
of Directors.
2024年度报告 海昌海洋公园控股有限公司
CORPORATE GOVERNANCE REPORT
企业管治报告
截至2024年12月31日止年度，提名委员
会举行1次会议，各成员的出席记录载列
已于上表呈示。
提名委员会的主要职责包括以下方面：
- 、规模及组成（包
括技能、知识及经验），并就因执行
本公司企业策略而建议作出的任何
变动向董事会提出推荐意见；
• 物色具备合适资历担任董事的人选
及提名该人士出任董事，或就此向
董事会提出推荐意见；
- ；
• 就董事的委任或连任及继任计划向
董事会提出推荐意见（尤其董事会
主席及集团总裁╱本公司行政总
裁）；及
• 检讨董事会成员多元化政策及董事
提名政策的执行情况及有效性，并
于企业管治报告内披露有关政策或
概要。
提名委员会的书面职权范围可于联交所
及本公司网站查阅。
During the year ended 31 December 2024, 1 meting of the
Nomination Comite was held and the atendance record of
each member is shown in the table presented above.
The principal duties of the Nomination Comite include the
folowing:
- , size and composition (including the
skils, knowledge and experience) of the Board and to make
recomendation on any proposed changes to the Board
due to the implementation of the corporate strategies of the
Company;
• to identify individual who has the suitable qualifications to
become a Director and to nominate such person to act as
a Director or to provide recomendation to the Board in
relation to this;
• to ases the independence of independent non-executive
Directors;
• to make recomendation to the Board on the apointment
or re-apointment of Directors and the sucesion plan
of Directors (particularly, the chairman of the Board and
the President of the Group/chief executive oficer of the
Company); and
• to review the implementation and efectivenes of the board
diversity policy and the director nomination policy and to
disclose such policy or a sumary of such in the corporate
governance report.
The writen terms of reference of the Nomination Comite
are available on the websites of the Stock Exchange and the
Company.
| Female 女性 |
|---|
| Male 男性 |
| ED |
|---|
| NED |
| INED |
| >60 |
|---|
| 51-60 |
| 41-50 |
| 31-40 |
| 1 or more 1间或以上 |
|---|
| 0 |
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
CORPORATE GOVERNANCE REPORT
企业管治报告
Note:
ED – Executive Director
NED – Non-executive Director
INED – Independent non-executive Director
董事会成员多元化政策
本公司相信，董事会成员日益多样化乃
支持其实现战略目标及可持续发展的基
本要素之一。因此，本公司已根据企业
管治守则所载规定采纳董事会成员多元
化政策（「董事会成员多元化政策」）。董
事会成员多元化可透过考虑多项因素而
达致，其中除教育背景、专业经验、技
能、知识及服务年期外，亦包括（但不限
于）性别、年龄、文化背景及种族。董事
会所有委任均以用人唯才为原则，并在
考虑人选时以适当的条件充分顾及董事
会成员多元化的裨益。
下图显示于本报告日期董事会多元化情
况：
董事人数
Gender
性别
Designation
任职
Age Group
年龄组别
Directorship with other
listed companies
于其他上市公司
出任董事
附注：
ED：执行董事
NED：非执行董事
INED：独立非执行董事
BOARD DIVERSITY POLICY
The Company believes that the increasing diversity at the Board
level is one of the esential elements in suporting the atainment
of its strategic objectives and its sustainable development.
Therefore, the Company has adopted a board diversity policy (the
“Board Diversity Policy”) in acordance with the requirement
set out in the CG Code. Diversity of Board members can be
achieved through consideration of a number of factors, including
but not limited to gender, age, cultural background and ethnicity,
in adition to educational background, profesional experience,
skils, knowledge and length of service. Al Board apointments
wil be based on meritocracy, and candidates wil be considered
against apropriate criteria, having due regard for the benefits of
diversity on the Board.
The folowing chart shows the diversity profile of the Board as at
the date of this report:
Number of Directors
2024年度报告 海昌海洋公园控股有限公司
CORPORATE GOVERNANCE REPORT
企业管治报告
董事会旨在将女性代表比例至少维持在
当前水平。董事会将继续寻觅机会，在
物色到合适的候选人时，增加女性董事
的比例。董事会谨记上述因素的目标，
并将确保董事会的任何继任者遵循性别
多元化政策。董事会将在评估本公司高
级管理层候选人时考虑性别多元化。
提名委员会负责不时确保董事会成员的
多元化、监控董事会多元化政策的实施
并检讨董事会多元化政策，以确保该政
策持续有效。本公司将每年于企业管治
报告中披露董事会多元化政策的执行情
况。
雇员多元化
于本公司全体员工（包括高级管理层）
中，男性员工占57.2%，女性员工占
42.8%。本公司认为，雇员的性别比例
（男：女）在合理范围内。本集团的整体
性别多元化属均衡，且本集团将继续保
持雇员性别多元化。
有关性别比例及为改善性别多元化而采
取的举措的详情及相关数据，请参阅环
境、社会及管治报告所披露者。
董事会独立性
本公司深明董事会独立性是良好企业管
治的关键。本公司已建立有效机制，支
持独立的董事会，以确保董事会可获得
独立的观点及意见，董事会将不时检讨
该等机制。董事会认为以下机制属切实
有效：
- （三分之一为独立非执行
董事）及审核委员会成员（均为独立
非执行董事）的组成超过上市规则项
下的独立规定。薪酬委员会及审核
委员会均由独立非执行董事担任主
席。
The Board targets to maintain at least the curent level of female
representation. The Board wil continue to sek oportunities
to increase the proportion of female members over time as and
when suitable candidates are identified. The Board is mindful of
the objectives for the factors set out above and wil ensure that
any sucesors to the Board shal folow the gender diversity
policy. The Board wil also take into consideration of the gender
diversity when asesing the candidates of the senior management
of the Company.
Nomination Comite is responsible for ensuring the diversity of
the Board members, monitoring the implementation of the Board
Diversity Policy and reviewing the Board Diversity Policy from time
to time to ensure its continued efectivenes. The Company wil
disclose in corporate governance report about the implementation
of the Board Diversity Policy on an anual basis.
EMPLOYE DIVERSITY
Among al employes of the Company (including senior
management), male employes acounts for 57.2% while female
employes acounts for 42.8%. The Company considers the
gender ratio (male to female) among its employes is within a
reasonable scope. The overal gender diversity of the Group is
of balance, and the Group wil continue to sustain the gender
diversity among its employes.
For the details and relevant data of gender ratio and measures
taken to improve gender diversity, please refer to the disclosure in
the Environmental, Social and Governance Report.
INDEPENDENCE OF THE BOARD
The Company acknowledges the independence of the Board
is critical to a sound corporate governance. The Company has
established efective mechanisms to suport the independence of
the Board and ensure independent views and input are available
to the Board. The Board wil review such mechanisms from time to
time. The Board believes the folowing mechanisms are practicable
and efective:
• The curent compositions of the Board (one-third of the
members are independent non-executive Directors) and
the Audit Comite (al members are independent non-
executive Directors) met the independence requirements
under the Listing Rules. The Remuneration Comite and
the Audit Comite are chaired by independent non-
executive Directors.
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
CORPORATE GOVERNANCE REPORT
企业管治报告
• 各独立非执行董事的独立性于其委
任后每年评估一次。所有独立非执
行董事均须每年向本公司提交书面
确认，以确认各自及其直系家属成
员之独立性，以及其是否符合上市
规则第3.13条所载之规定。
• 独立非执行董事的薪酬须定期检
讨，以保持竞争力及与彼等职责及
工作量相称。
• 董事会在董事会议考虑动议或交
易时，董事须申报其直接或间接利
益（如有），并在适当情况下投弃投
票。如有需要，所有董事（包括独立
非执行董事）均可获得外部独立专业
意见。独立非执行董事一贯展示坚
定的承担及可投入足够时间履行董
事会职责的能力。
• 本公司亦已透过正式及非正式方法
建立渠道，让独立非执行董事能够
公开地表达意见，以及在情况需要
时以保密方式表达意见。
• The independence of each of independent non-executive
Directors shal be evaluated on an anual basis after the
apointment of such Director. Independent non-executive
Directors are required to submit a writen confirmation to
the Company to confirm the independence of themselves
and their respective imediate family members and their
compliance with the requirements set out in Rule 3.13 of
the Listing Rules.
• The remuneration of independent non-executive Directors is
also subject to a regular review to maintain competitivenes
and comensurate with their responsibilities and workload.
• When a motion or transaction is under the consideration of
the Board at a Board meting, each of Directors shal report
his/her direct or indirect interests (if any) in the transaction,
and shal abstain from voting as and when apropriate. If
required, external independent profesional advises shal
be available to al Directors (including independent non-
executive Directors). Each of independent non-executive
Directors shal consistently demonstrate firm comitment
and capability of suficient time comitment to perform the
duties as a Board member.
• The Company has also established chanels through
formal and informal methods to alow independent non-
executive Directors to expres their opinions publicly or, as
circumstance requires, confidentialy.
2024年度报告 海昌海洋公园控股有限公司
CORPORATE GOVERNANCE REPORT
企业管治报告
提名政策
董事会已采纳一项提名政策（「提名政
策」），当中载列甄选可能加入董事会的
人选的标准及程序。提名政策可协助本
公司达致本公司董事会成员多元化，以
及提升董事会有效性及其企业管治水平。
提名政策载列评核及甄选任何本公司董
事人选的标准，包括但不限于其资格、
经验、技能、董事会成员多元化政策下
的多元化方面、对董事会带来的潜在贡
献、能否投入足够时间履行作为董事会
成员的责任，以及（就提名独立非执行董
事而言）是否符合上市规则所载指引中的
独立性要求。
此外，于本公司股东大会上委任新董事
及重选董事的提名程序亦加载提名政策
中。凡董事会于股东大会上提呈决议案
推选或重选候选人成为董事，该候选人
的相关资料将根据上市规则及╱或适用
法律及规例，于致股东的通函内及╱或
于随附相关股东大会通告的说明函件内
披露。
提名委员会可采用其认为适当的程序来
评价候选人，包括私人会谈、背景调
查、候选人书面陈述及第三方推荐。
提名委员会将定期检讨提名政策，并于
适当时就为配合本公司的公司策略及业
务需要而拟对提名政策作出的变动向董
事会提出建议。
NOMINATION POLICY
The Board has adopted a nomination policy (the “Nomination
Policy”) which sets out the criteria and proces in selecting
candidate(s) for posible inclusion in the Board. The Nomination
Policy could asist the Company to achieve board diversity in the
Company and enhance the efectivenes of the Board and its
corporate governance standard.
The Nomination Policy sets out the criteria in evaluation and
selection of any candidate for directorship of the Company,
including but not limited to, his/her qualifications, experience,
skil, diversity aspects under the Board Diversity Policy, potential
contributions to the Board, ability to devote adequate time to
discharge duties as a member of the Board, and in case of the
nomination of independent non-executive Directors, meting the
independence requirements with reference to the guidelines set
out in the Listing Rules.
In adition, the nomination proceses with regard to the
apointment of new Director and the re-election of Director at the
general meting of the Company are set out in the Nomination
Policy. Where the Board proposes a resolution to elect or re-
elect a candidate as Director at the general meting, relevant
information of the candidate wil be disclosed in the circular to
the shareholders and/or explanatory statement acompanying the
notice of the relevant general meting in acordance with the
Listing Rules and/or aplicable laws and regulations.
The Nomination Comite may use any proces it dems
apropriate for the purpose of evaluating candidates including
personal interviews, background checks, writen submision by
the candidates and third party references.
The Nomination Comite wil conduct regular review
of the Nomination Policy and, where apropriate, make
recomendations on changes to the Nomination Policy to the
Board to complement the Company’s corporate strategy and
busines neds.
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
CORPORATE GOVERNANCE REPORT
企业管治报告
薪酬委员会
薪酬委员会于2014年2月23日成立。
薪酬委员会包括两名独立非执行董事及
一名非执行董事，分别为王军先生（主
席）、朱玉辰先生及王旭光先生。
截至2024年12月31日止年度，薪酬委员
会举行1次会议，以检讨本公司的薪酬政
策及架构，各成员的出席记录载列已于
上表呈示。薪酬委员会已于截至2024年
12月31日财政年度期间审阅关于根据购
股权计划授予购股权并向董事会作出建
议。于考虑授予购股权时，薪酬委员会
已评估承授人于可资比较市场同行中的
薪酬及授予承授人的价值。于考虑该等
因素后，薪酬委员会就建议向承授人授
予购股权向董事会提出建议，以供批准
表扬承授人对本集团之奉献及投入，这
与购股权计划的目的一致。
薪酬委员会的主要职责包括以下方面：
• 就其他执行董事及高级管理人员的
薪酬建议咨询主席及╱或行政总
裁。如有需要，薪酬委员会应可寻
求独立专业意见；
• 就本公司全体董事及高级管理人员
的薪酬政策及架构（包括根据购股权
计划向雇员授出购股权及根据股份
奖励计划向雇员奖励股份）及就设立
正规而具透明度的程序以制订此等
薪酬政策，向董事会提出建议；
- ╱或批准上市规则第十七章
所载有关股份计划的事宜；
REMUNERATION COMITE
The Remuneration Comite was established on 23 February
2014. The Remuneration Comite comprises two independent
non-executive Directors and one non-executive Director, namely
Mr. Wang Jun (Chairman), Mr. Zhu Yuchen and Mr. Wang
Xuguang.
During the year ended 31 December 2024, 1 meting of the
Remuneration Comite was held, to review the remuneration
policy and structure of the Company, and the atendance record
of each member is shown in the table presented above. The
Remuneration Comite reviewed and made recomendation
to the Board on the grant of share options pursuant to the
Share Option Scheme during the financial year ended 31
December 2024. When considering the grant of share options,
the Remuneration Comite has evaluated the remuneration
of the grantes of market comparables and the value granted
to the grantes. After taking into acount such factors, the
Remuneration Comite made recomendation to the Board for
aproval on the proposed grant of share options to the grantes
to compliment the grantes for their contribution and eforts to
the Group, which is in line with the purpose of the Share Option
Scheme.
The principal duties of the Remuneration Comite include the
folowing:
- /or chief executive oficer for the
remuneration proposals for other executive Directors and
senior management. The Remuneration Comite should
have aces to independent profesional advice if necesary;
- ’s
policy and structure for remuneration of al Directors and
senior management (including grant of share options to
employes pursuant to the Share Option Scheme and
award of shares to the employes pursuant to the Share
Award Scheme) and on the establishment of a formal and
transparent procedure for developing the remuneration
policy;
- /or aprove maters relating to share schemes
as set out in Chapter 17 of the Listing Rules;
2024年度报告 海昌海洋公园控股有限公司
CORPORATE GOVERNANCE REPORT
企业管治报告
• 因应董事会所订企业方针及目标而
检讨及批准有关高级管理人员的薪
酬建议；
- ，可
厘定个别执行董事及高级管理人员
的薪酬待遇，包括非金钱利益、退
休金权利及赔偿金额（包括丧失或终
止职务或委任的赔偿）；
• 就非执行董事的薪酬向董事会提出
建议；
- 、须付出
的时间及职责、以及本集团内其他
职位的雇用条件；
• 检讨及批准向执行董事及高级管理
人员就其丧失或终止职务或委任而
须支付的赔偿，以确保该等赔偿与
合约条款一致；若未能与合约条款
一致，赔偿亦须公平合理，不致过
多；
• 检讨及批准因董事行为失当而解雇
或罢免有关董事所涉及的赔偿安
排，以确保该等安排与合约条款一
致；若未能与合约条款一致，有关
赔偿亦须合理适当；及
• 确保任何董事或其任何联系人不得
参与厘定其本身的薪酬。
• to review and aprove the remuneration proposals for senior
management with reference to the corporate goals and
objectives established by the Board;
- , when the Board delegates its responsibilities,
the remuneration packages for a particular executive Director
and senior management, including non-pecuniary benefits,
pension rights and amount of compensation (including
compensation payable for los or termination of ofice or
apointment);
• to make recomendation to the Board on the remuneration
of the non-executive Directors;
• to consider the salaries paid by and the time comitment
and responsibilities requested by companies of similar nature
and the employment criteria for other positions of the
Group;
• to review and aprove the compensation payable to
the executive Directors and senior management for los
or termination of ofice or apointment such that it is
consistent with the contractual terms or is otherwise fair,
reasonable and not excesive;
• to review and aprove the compensation arangements in
relation to dismisal or removal of Directors for misconduct
such that they are consistent with the contractual terms or
are otherwise reasonable and apropriate; and
• to ensure that no Director or any of his asociates shal be
involved in deciding his own remuneration.
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
CORPORATE GOVERNANCE REPORT
企业管治报告
薪酬委员会的书面职权范围可于联交所
及本公司网站查阅。
董事薪酬政策
董事薪酬包括年度董事袍金，及有权根
据本公司不时采纳的购股权计划的规则
获得购股权。相关薪酬由薪酬委员会经
参考各董事的资质、行业经验、职位及
表现以及现行市况厘定推荐。
审核委员会
审核委员会于2014年2月23日成立。审
核委员会包括三名独立非执行董事，分
别为朱玉辰先生（主席）、王军先生及沈
涵女士。审核委员会主席具备合适专业
资格。
截至2024年12月31日止年度，审核委员
会举行3次会议，以审阅中期及年度财务
业绩及报告，考虑有关财务报告及合规
程序、内部监控和风险管理系统的重大
事宜，并委任外部核数师。各成员的出
席记录载列已于上表呈示。
The writen terms of reference of the Remuneration Comite
are available on the websites of the Stock Exchange and the
Company.
DIRECTOR REMUNERATION POLICY
Director’s remuneration package includes anual director’s fe
and the entitlement to the share options pursuant to the rules
under the Share Option Scheme adopted by the Company from
time to time. Such remuneration was determined based on
the recomendation from the Remuneration Comite with
reference to the qualifications, industry experience, position and
performance of each of the Directors and the prevailing market
conditions.
AUDIT COMITE
The Audit Comite was established on 23 February 2014. The
Audit Comite comprises thre independent non-executive
Directors, namely Mr. Zhu Yuchen (Chairman), Mr. Wang Jun and
Ms. Shen Han. The chairman of the Audit Comite poseses
the apropriate profesional qualifications.
During the year ended 31 December 2024, 3 metings of the
Audit Comite were held, to review interim and anual
financial results and reports, consider significant isues on the
financial reporting and compliance procedures, internal control
and risk management systems, and apoint external auditor.
The atendance record of each member is shown in the table
presented above.
2024年度报告 海昌海洋公园控股有限公司
CORPORATE GOVERNANCE REPORT
企业管治报告
审核委员会的主要职责包括：
与外聘核数师的关系
- 、重新委任及
罢免向董事会提供建议、批准外聘
核数师的薪酬及聘用条款，及处理
任何有关该核数师辞职或辞退的问
题；
• 按适用的标准检讨及监察外聘核数
师是否独立客观及核数程序是否有
效。审核委员会应于核数工作开始
前先与外聘核数师讨论核数性质及
范畴及有关申报责任；
• 监察是否遵守有关外聘核数师提供
非审计服务及雇用外聘核数师职员
或前职员的公司政策；
- ，监管本公司与外聘
核数师的关系；
公开披露的财务资料
• 监察本公司的中期及年度报告和财
务报表的完整性，并于委员会在向
董事会建议审批有关报告及报表
前，审阅报告及报表所载有关财务
报告的重要判断，并特别针对下列
事项加以审阅：
• 本集团的会计政策及实务的任
何更改；
- （包括本
公司给予外聘核数师的陈述书
内所载列的地方）；
• 因核数程序而出现的重大账目
调整；
The primary duties of the Audit Comite include:
Relationship with the external auditor
- ,
reapointment and removal of the external auditor, and
to aprove the remuneration and terms of engagement
of the external auditor, and to deal with any isues of its
resignation or dismisal;
• to review and monitor the independence and objectivity
of the external auditor and the efectivenes of the audit
proces in acordance with aplicable standards. The Audit
Comite shal discus with the external auditor the nature
and scope of the audit and reporting obligations before the
audit proces comences;
- ’s policy on the
engagement of the external auditor for the performance of
non-audit services and the hiring of employes or former
employes of the external auditor;
• to act as the key representative body for overseing the
relationship betwen the Company and the external auditor;
Financial information for public disclosure
- ’s interim
and anual reports and financial statements, and review
significant financial reporting judgments contained in the
reports and statements before recomending them to the
Board for aproval, with particular emphasis on:
• any changes in the acounting policies and practice of
the Group;
• major judgmental areas (including those in the
representation leter from the Company to the external
auditor);
• significant acount adjustments resulting from the
audit proces;
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
CORPORATE GOVERNANCE REPORT
企业管治报告
• 企业持续经营的假设及任何保
留意见；
- ；
• 是否遵守有关财务报告的上市
规则及法律规定；
• 委员会应考虑于该等报告及财务报
表中所反映或需反映的任何重大或
不寻常事项，并须适当考虑任何由
本公司属下会计及财务报告职员、
集团的合规总监、内部及外聘核数
师提出的事项；
监管财务报告制度及内部监控程
序
- 、内部监控
及风险管理制度；
- ，确保
管理层已履行职责建立有效的内部
监控系统。讨论内容应包括本公司
在会计及财务报告职能方面的资
源、员工资历及经验是否足够，以
及员工所接受的培训课程及有关预
算是否充足；
- ，就重要的
内部监控事宜调查结果及管理层对
调查结果的响应进行研究；
• 须确保内部审核和外聘核数师的工
作得到协调；也须确保内部审核功
能在本公司内部有足够资源运作，
并且有适当的地位；以及检讨及监
察其成效（包括内部审核计划及程
序）；
- ;
- ;
• compliance with the Listing Rules and legal
requirements in relation to financial reporting;
- , or
should be, reflected in the reports and financial statements
and give due consideration to any maters and reservations
that have ben raised by the staf of the Company who
are responsible for the acounting and financial reporting
functions, the chief compliance oficer of the Group and
internal and external auditors;
Monitoring of the financial reporting system and
internal control procedures
- ’s financial control, internal control
and risk management systems;
• to discus the internal control system with the management
to ensure that the management has performed its duty to
establish an efective internal control system. Such discusion
should include the adequacy of resources, employes’
qualifications and experience in acounting and financial
reporting functions, and training programes for employes
and its budget;
• to consider major investigation findings on internal
control maters and the management’s response to these
findings, either on its own initiative or at the request of the
management;
• to ensure co-ordination betwen the internal and external
auditors, that the internal audit function is adequately
resourced and has apropriate standing within the Company
and to review and monitor its efectivenes (including the
internal audit plans and procedures);
2024年度报告 海昌海洋公园控股有限公司
CORPORATE GOVERNANCE REPORT
企业管治报告
• 检讨本集团的财务及会计政策及实
务；
• 检查外聘核数师给予管理层的审核
情况说明函件、核数师就会计纪
录、财务账目或监控系统向管理层
提出的任何重大疑问及管理层作出
的响应；
• 确保董事会及时响应于外聘核数师
给予管理层的审核情况说明函件中
提出的事宜；
- 、内部
监控或其他事项可能存在的不当行
为提出关切的安排；
企业管治职能
- ，及就企业
管治守则之遵守向董事会汇报；
• 制定及检讨本公司的企业管治政策
及常规，并向董事会提出建议；
• 检讨及监察本公司在遵守法律及监
管规定方面的政策及常规；
- 、检讨及监察本公司董事及雇
员的操守准则及合规手册；及
一般事宜
- 。
审核委员会的书面职权范围可于联交所
及本公司网站查阅。
- ’s financial and acounting policies and
practice;
- ’s leter to the management,
any material queries raised by the auditor to the
management with respect to acounting records, financial
acounts or control systems and the management’s response
to such queries;
• to ensure that the Board shal provide a timely response
to the isues raised in the external auditor’s leter to the
management;
- , in
confidence, to raise concerns about posible improprieties in
financial reporting, internal control or other maters;
Corporate governance functions
- ’s corporate governance and to
report to the Board on the Company’s compliance with the
CG Code;
- ’s policies and practice
on corporate governance and make recomendations to the
Board;
- ’s policies and practice
on compliance with the legal and regulatory requirements;
- , review and monitor the code of conduct and
busines ethics for the directors and employes of the
Company; and
General
- , as defined by the Board.
The writen terms of reference of the Audit Comite are
available on the websites of the Stock Exchange and the
Company.
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
CORPORATE GOVERNANCE REPORT
企业管治报告
审核委员会每年就上一财政年度审查本
公司的风险管理及内部监控制度。审核
委员会已对本公司截至2024年12月31日
止财政年度风险管理及内部监控制度的
有效性进行审查，并认为风险管理及内
部监控制度属有效及充足。
风险管理及企业管治委员会
风险管理及企业管治委员会于2014年2
月23日成立。风险管理及企业管治委员
会包括一名非执行董事及两名独立非执
行董事，分别为袁兵先生（主席）、朱玉
辰先生及王军先生。
截至2024年12月31日止年度，风险管理
及企业管治委员会举行2次会议，以检讨
风险管理政策及标准、合规报告及风险
评估报告，并审查本公司遵守企业管治
守则的情况。各成员的出席记录已于上
表呈示。
风险管理及企业管治委员会的主要职责
包括但不限于以下方面：
- ，
以及合规管理的基本理念和范围；
• 审议合规管理和风险管理的总体目
标、基本政策并提出意见；
• 指导并监督本公司风险管理及合规
管理制度的建设；
• 制定本公司的企业管治政策及常
规，监察其实施情况，并向董事会
提出建议；
The Audit Comite reviews the risk management and internal
control systems of the Company anualy for the preceding
financial year. The Audit Comite has conducted a review of
the efectivenes of the risk management and internal control
systems of the Company for the financial year ended 31 December
2024 and considers them to be efective and adequate.
RISK MANAGEMENT AND CORPORATE
GOVERNANCE COMITE
The Risk Management and Corporate Governance Comite
was established on 23 February 2014. The Risk Management and
Corporate Governance Comite comprises one non-executive
Director and two independent non-executive Directors, namely
Mr. Yuan Bing (Chairman), Mr. Zhu Yuchen and Mr. Wang Jun.
During the year ended 31 December 2024, 2 metings of the Risk
Management and Corporate Governance Comite were held,
to review the risk management policies and standards, compliance
reports and risk asesment reports and to review the compliance
of the CG Code by the Company. The atendance record of each
member is shown in the table presented above.
The primary duties of the Risk Management and Corporate
Governance Comite include, but are not limited to, the
folowing:
- ’s risk management policies and
standards, as wel as the fundamental concepts and scope of
compliance management;
• to review and provide coments on the overal target and
basic policy of the compliance and risk management;
• to supervise and monitor the development of risk and
compliance management system of the Company;
- ’s corporate governance policies
and conventional rules, to monitor its implementation and
to make recomendations to the Board;
2024年度报告 海昌海洋公园控股有限公司
CORPORATE GOVERNANCE REPORT
企业管治报告
• 审议本公司合规管理及风险管理的
组织架构及其职责并提出意见；
• 对需要董事会审阅的合规报告和风
险评估报告进行审议，并提出完善
本公司合规和风险管理的建议；
• 检讨及监察董事及高级管理人员的
培训及持续专业发展；
• 检讨及监察本公司在遵守法律及监
管规定方面的政策及常规，以及其
实施情况；
- 、检讨及监督员工及董事的操
守准则及合规手册（如适用）；
• 监督本公司遵守企业管治守则的情
况以及在企业管治报告内作出的信
息披露；
• 监督本公司管理层有效实施风险管
理和合规管理，对负责风险管理和
合规管理的高级管理人员的工作进
行评价；
• 对需要董事会审议的重大决策的风
险和重大风险的解决方案进行评估
并提出意见；及
- 。
风险管理及企业管治委员会的书面职权
范围可于联交所及本公司网站查阅。
• to review and provide coment on the organisational
structure and responsibilities of the Company’s compliance
and risk management;
- ’s compliance reports and risk
asesment reports that ned to be reviewed by the
Board, and to make proposals on the improvement of the
Company’s compliance and risk management;
• to review and monitor the training and continuous
profesional development of the Directors and senior
management;
- ’s policies and
conventional rules regarding compliance with laws and
regulatory rules as wel as with its implementation;
- , review and monitor the Profesional Practice
Code and Compliance Manual (if aplicable) of the
employes and Directors;
- ’s compliance with the CG Code,
together with the disclosure in the Corporate Governance
Report;
• to monitor the efective implementation of the risk
and compliance management by the management of
the Company and to evaluate the performance of the
responsible senior management;
• to evaluate and opine on the risk of major decision making
and solutions to the major risks of the Company that ned
to be reviewed by the Board; and
• other maters as authorised by the Board.
The writen terms of reference of the Risk Management and
Corporate Governance Comite are available on the websites
of the Stock Exchange and the Company.
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
CORPORATE GOVERNANCE REPORT
企业管治报告
独立董事委员会
独立董事委员会于2014年2月23日成
立。独立董事委员会包括所有独立非执
行董事，分别为王军先生（主席）、朱玉
辰先生及沈涵女士。
截至2024年12月31日止年度，独立董事
委员会举行2次会议，以检讨控股东及
曲乃杰先生遵守及执行该等不竞争契据
的情况。各成员的出席记录已于上表呈
示。
独立董事委员会的主要职责包括：
一般承诺
- ，控股东及
曲乃杰先生已共同地及各别地向本
公司承诺，（其中包括）彼等本身及
彼等的紧密联系人或受彼等控制的
联营公司不会在中国直接或间接进
行或参与或从事或收购或持有可能
与本集团现有业务构成竞争的任何
业务或主题公园相关项目或于当中
拥有权益。
• 独立董事委员会须每年检讨并于年
报内确认已遵守上述承诺的情况。
INDEPENDENT BOARD COMITE
The Independent Board Comite was established on 23
February 2014. The Independent Board Comite comprises al
the independent non-executive Director, namely Mr. Wang Jun
(Chairman), Mr. Zhu Yuchen and Ms. Shen Han.
During the year ended 31 December 2024, 2 metings of
the Independent Board Comite were held, to review the
compliance and enforcement of the Deds of non-competition by
the Controling Shareholders and Mr. Qu Naijie. The atendance
record of each member is shown in the table presented above.
The primary duties of the Independent Board Comite include:
General undertakings
- , the Controling
Shareholders and Mr. Qu Naijie have, jointly and severaly,
undertaken to the Company that, among others, they would
not, and that their close asociates or asociated companies
controled by them would not directly or indirectly cary on,
participate, or be interested or engaged in or acquire or
hold any busines or theme-park related projects in the PRC
which is or may be in competition with the existing busines
of the Group.
• The Independent Board Comite shal anualy review and
confirm the status of compliance of the above undertakings
in the anual reports.
2024年度报告 海昌海洋公园控股有限公司
CORPORATE GOVERNANCE REPORT
企业管治报告
与地产开发有关的承诺
- （前称海昌集团
有限公司）及曲乃杰先生按原不竞争
契据的承诺优先地向本集团介绍开
发、运营或参与任何与地产有关的
业务及╱或以其他方式持有任何与
地产有关的业务的任何权利或权益
的机会（「新机会」）时，独立董事委
员会须按原不竞争契据的条款考虑
新机会。
• 如独立董事委员会认为竞逐新机会
符合本集团最佳利益，则独立董事
委员会同意本集团竞逐新机会。
• 如独立董事委员会认为泽侨控股有
限公司及曲乃杰先生竞逐新机会不
会与本集团业务构成潜在竞争或竞
逐该新机会将不符合本集团的利
益，则独立董事委员会可同意泽侨
控股有限公司及曲乃杰先生竞逐新
机会，委员会将有权对泽侨控股有
限公司及曲乃杰先生发展物业附加
条件及限制以防止任何形式的潜在
竞争。
• 独立董事委员会就考虑新机会的考
虑因素及结论须于本公司的年报或
中期报告中披露。
Undertakings in relation to the development of properties
• When Zeqiao Holdings Limited (formerly known as Haichang
Group Limited) and Mr. Qu Naijie, in acordance with the
Original Ded of Non-competition, refer to the Group
any oportunity to develop, operate, participate and/
or otherwise hold any right or interest in any busines
relating to any properties (the “New Oportunity”), the
Independent Board Comite shal consider the New
Oportunity in acordance with the terms of the Original
Ded of Non-competition.
• If the Independent Board Comite considers that the
pursuit of the New Oportunity would be in the best
interests of the Group, the Independent Board Comite
shal consent to the pursuit of the New Oportunity by the
Group.
• If the Independent Board Comite is of the view that
the pursuit of the New Oportunity by Zeqiao Holdings
Limited and Mr. Qu Naijie wil not constitute potential
competition with the busines of the Group or pursuit of the
New Oportunity is not in the interests of our Group, the
Independent Board Comite shal consent to the pursuit
of the New Oportunity by Zeqiao Holdings Limited and Mr.
Qu Naijie and it shal have the power to impose conditions
and restrictions on the development of the properties by
Zeqiao Holdings Limited and Mr. Qu Naijie in order to
prevent any form of potential competition.
• The Independent Board Comite shal disclose the
consideration factors and its conclusion in relation to the
New Oportunity in the anual report or interim report of
the Company.
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
CORPORATE GOVERNANCE REPORT
企业管治报告
与住宅物业销售时间表有关的承
诺
- ，当泽侨控股有限
公司、曲乃杰先生、彼等的附属公
司或联营公司计划在本集团已开发
任何供出售的服务公寓的同一城市
或地区启动任何住宅项目的销售
（「住宅物业销售」），控股东、其
附属公司或联营公司须以书面方式
告知本集团详细销售条款及所有相
关信息，如独立董事委员会认为住
宅物业销售会与本集团任何项目的
销售时间表出现竞争，独立董事委
员会则有权否决住宅物业销售。
• 如本集团决定在相关城市或地区启
动服务公寓项目的销售，其将向泽
侨控股有限公司及曲乃杰先生发出
书面通知。泽侨控股有限公司、曲
乃杰先生或彼等的附属公司或联营
公司仅可在本集团于同一城市或地
区启动服务公寓项目销售的六个月
时间（「相隔时间」）后启动住宅物业
销售。
- ，在泽侨控
股有限公司、曲乃杰先生或彼等的
附属公司或联营公司启动住宅物业
销售之前，本集团需要较长的时间
才能完成出售服务公寓的相当部
份，独立董事委员会有权延长相隔
时间。
• 独立董事委员会就以上的考虑及结
论须于本公司的年报或中期报告中
披露。
Undertakings in relation to the sale schedules of
residential properties
- , in
any city or region where the Group has developed any
serviced apartment projects for sale, Zeqiao Holdings
Limited, Mr. Qu Naijie, their subsidiaries or asociates shal,
in the event that they have plans to launch the sale of any
residential projects in the same city or region (the “Sale of
Residential Properties”), notify the Group the detailed
sale terms and al relevant information in writing and the
Independent Board Comite shal have the right to veto
the Sale of Residential Properties if it considers that the Sale
of Residential Properties would compete against the sale
schedule of any projects of the Group.
• If the Group decides to launch its sale of serviced apartment
projects in the relevant city or region, the Group shal notify
Zeqiao Holdings Limited and Mr. Qu Naijie in writing and
Zeqiao Holdings Limited, Mr. Qu Naijie or their subsidiaries
or asociates can only launch the Sale of Residential
Properties after a time gap of six months (the “Time Gap”)
from the date on which the Group launches its sale of
serviced apartment projects in the same city or region.
• If the Independent Board Comite is of the view that a
longer period of time is necesary for the Group to complete
the sale of a significant portion of its serviced apartments
before Zeqiao Holdings Limited, Mr. Qu Naijie or their
subsidiaries or asociates launch the Sale of Residential
Properties, the Independent Board Comite shal have the
power to extend the Time Gap.
• The Independent Board Comite shal disclose the
consideration and its conclusion in relation to the above in
the anual report or interim report of the Company.
2024年度报告 海昌海洋公园控股有限公司
CORPORATE GOVERNANCE REPORT
企业管治报告
购买及╱或经营及管理除外业务
的选择权
- ，倘若独立董事委
员会认为由泽侨控股有限公司、曲
乃杰先生或彼等的附属公司或联营
公司发展、经营或拥有的地产项目
（「除外业务」）或新业务的任何部份
与本集团将构成竞争，则本集团将
享有(1)购买构成该业务一部份的任
何股权、资产或其他权益的选择权
及╱或(2)经营及管理该业务的独家
权利。
- 、考虑
及决定本集团应否行使购买及╱或
经营及管理除外业务或新业务的选
择权。
• 倘独立董事委员会决定行使选择
权，其将有权为确保该等选择权的
行使乃符合本集团的业务战略及业
务模式而施加条件及╱或限制。
• 独立董事委员会是否会行使以上权
利的考虑因素及结论须于本公司的
年报或中期报告中披露。
Option to purchase and/or operate and manage
excluded busines
- , if the
Independent Board Comite considers that the properties
developed, operated or owned by Zeqiao Holdings Limited,
Mr. Qu Naijie or their subsidiaries or asociates (the
“Excluded Busines”) or any part of their new busineses
wil constitute competition against the Group, the Group
shal be entitled to (1) an option to purchase any equity
interests, asets or other interests which forms part of such
busines and/or (2) an exclusive right to operate and manage
such busines.
- , consider
and decide whether the Group should exercise the option to
purchase and/or operate and manage the Excluded Busines
or the new busines.
• If the Independent Board Comite decides to exercise the
option, it shal have the power to impose conditions and/or
restrictions in order to ensure that the exercise of the option
is in line with the Group’s busines strategy and busines
model.
• The Independent Board Comite shal disclose the
consideration and its conclusion to exercise or not to
exercise the above rights in the anual report or interim
report of the Company.
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
CORPORATE GOVERNANCE REPORT
企业管治报告
企业管治职能
就企业管治而言，独立董事委员会须每
年：
• 审核控股东及曲乃杰先生遵守及
实施该等不竞争契据的情况。独立
董事委员会的审核结果须于本公司
的年报中披露或透过公告的形式向
公众披露；及
• 检讨过去一年就该等不竞争契据而
作出的所有决策。独立董事委员会
的决策及作出决策的依据须于本公
司的年报中披露或透过公告的形式
向公众披露。
独立董事委员会的书面职权范围可于联
交所及本公司网站查阅。
反贪污政策
本公司绝不容忍其董事、高级职员、雇
员、代理或顾问或为其行事或为彼等代
表之任何人士或公司，直接或间接地作
出任何形式之贿赂。本公司采用反贪污
政策以帮助雇员识别可能导致或可能被
牵涉入贿赂及不道德商业行为之情况，
从而避免作出该等属明确禁止之行为，
并于必要时迅速寻求指引。
我们将定期检讨反贪污政策，任何被定
罪的案件将向本公司的法律及合规部门
汇报。
Corporate Governance Functions
For corporate governance, the Independent Board Comite
shal, on an anual basis:
• review the compliance with and enforcement of the Deds
of Non-competition by the Controling Shareholders and Mr.
Qu Naijie. The Independent Board Comite shal disclose
the results of its review in the anual report of the Company
or by way of anouncement to the public; and
• review al of its decisions made pursuant the Deds of
Non-competition in such year. The Independent Board
Comite shal disclose its decisions and the basis for
them in the anual report of the Company or by way of
anouncement to the public.
The writen terms of reference of the Independent Board
Comite are available on the websites of the Stock Exchange
and the Company.
ANTI-CORUPTION POLICY
The Group does not tolerate any form of bribery, whether direct
or indirect, by, or of, its Directors, oficers, employes, agents or
consultants or any persons or companies acting for it or on its
behalf. The Company adopts the anti-coruption policy to asist
employes in recognising circumstance which may lead to or
give the apearance of being involved in coruption or unethical
busines conduct, so as to avoid such conduct which is clearly
prohibited, and to promptly sek guidance where necesary.
We wil review the anti-coruption policy on a regular basis
and report any sentenced cases to the legal and compliance
department of the Company.
2024年度报告 海昌海洋公园控股有限公司
CORPORATE GOVERNANCE REPORT
企业管治报告
举报政策
本公司期望并鼓励本集团雇员以及与本
集团有业务往来之人士（例如供应商、客
户、债权人及债务人）以保密方式向本
公司报告任何有关本集团之可疑不当行
为、失当行为或渎职行为。本公司采纳
举报政策，为举报可能的不当行为提供
举报渠道及指引，并向举报人保证本集
团将在正式系统中向彼等提供保护。
我们将定期审阅举报政策，并将任何可
疑案例向本公司法律及合规部门汇报。
公司文化
董事会坚信，企业文化乃本集团的发展
基石，有利于本集团长远的业务发展、
经济成就及持续增长。强大的文化为本
公司长远可持续业绩赋能并履行作为负
责任企业公民的角色。本公司致力以其
宗旨、愿景及使命为本，创建积极进取
的文化。
我们的目标是成为中国文旅行业最有价
值的公司，希望能打造一个「有梦•有爱•
有快乐」的乐园，不断满足消费者日益增
长的对高质量文旅消费产品的需求。
WHISTLEBLOWING POLICY
The Company expects and encourages employes of the Group
and those who deal with the Group (e.g. supliers, customers,
creditors and debtors) to report to the Company, in confidence,
any suspected impropriety, misconduct or malpractice concerning
the Group. The Company adopted the whistleblowing policy to
provide reporting chanels and guidance on reporting posible
improprieties and reasurance to whistleblowers of the protection
that the Group wil extend to them in the formal system.
We wil review the whistleblowing policy on a regular basis
and report any suspected cases to the legal and compliance
department of the Company.
CORPORATE CULTURE
The Board firmly believes that corporate culture underpins
the development of the Group and is beneficial to busines
development, economic suces and sustainable growth of the
Group in the long run. A robust culture empowers the Company’s
long-term and sustainable performance and demonstrates the
Company’s asumption of the role of a responsible enterprise
citizen. The Company adheres to its goal, vision and mision,
cultivating an active and progresive culture.
Our goal is to become the most valuable company in the cultural
tourism industry in China and hope to create an amusement park
filed with “dream, love, joy”, which can continue to satisfy the
increasing demand for high-quality tourism and leisure products
for consumers.
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
CORPORATE GOVERNANCE REPORT
企业管治报告
董事会制定及推广企业文化，期望并要
求全体雇员加强企业文化。全体新雇员
须参加入职培训及培训计划，以便更好
理解企业文化、结构及政策，学习相关
法律法规，提高彼等之品质意识。此
外，本公司将不时邀请外部专家为我们
的管理层人员提供培训，以此提高彼等
之相关知识及管理技能。
董事会认为本集团的企业文化与宗旨、
价值观及战略属一致。
董事有关财务报表之财务申报
责任
董事知悉，其须负责根据本年报合并财
务报表附注2.2所载的编制基准及附注3
所载的重大会计政策，编制截至2024年
12月31日止年度的财务报表。
根据企业管治守则的守则条文第D.1.3
条，倘董事知悉有重大不明朗事件或情
况可能会严重影响发行人持续经营的能
力，董事应在企业管治报告中清楚显著
披露及详细讨论此等不明朗因素。
管理层已向董事会提供必要的阐释及数
据，使董事会能对提呈予董事会批准之
本公司财务报表进行知情之评估。
The Board established and promoted our corporate culture,
expecting and requiring al employes to enhance corporate
culture. Every new employe shal participate in orientation
training and training programes to beter understand the our
corporate culture, structure and policies, learn relevant laws and
regulations and enhance their quality awarenes. In adition, the
Company wil invite external experts to provide trainings for our
management from time to time so as to improve their knowledge
and management skils.
The Board believes the Group’s corporate culture is in line with
our goal, value and strategies.
DIRECTORS’ RESPONSIBILITIES FOR FINANCIAL
REPORTING IN RESPECT OF FINANCIAL STATEMENTS
The Directors acknowledge their responsibility for preparing the
financial statements for the year ended 31 December 2024, in
acordance with the basis of preparation set out in note 2.2
and the significant acounting policies set out in note 3 to the
consolidated financial statements in this anual report.
Under code provision D.1.3 of the CG Code, where the Directors
are aware of material uncertainties relating to events or conditions
that may cast significant doubt on the isuer’s ability to continue
as a going concern, they should be clearly and prominently
disclosed and discused at length in the Corporate Governance
Report.
The management has provided to the Board such explanation
and information as are necesary to enable the Board to cary out
an informed asesment of the Company’s financial statements,
which are put to the Board for aproval.
2024年度报告 海昌海洋公园控股有限公司
CORPORATE GOVERNANCE REPORT
企业管治报告
本公司每月向董事会所有成员提供有关
本公司的表现、状况及前景的最新资料。
董事责任保险
本公司已为各董事安排适当的保险，使
其面对法律诉讼时可获得保障。该等保
险为企业活动所产生的成本、费用、开
支及责任提供保障。
核数师酬金
本集团的外聘核数师就年内向本集团提
供的所有审计及非审计服务而收取的费
用概述如下：
Fes paid/payable
(RMB)
已付╱应付费用
（人民币）
Services rendered已提供服务2024年2023年
Audit services:审计服务：2,600,0005,830,000
Non-audit services:非审计服务：0244,000
Total总计2,600,0006,074,000
The Company provides al members of the Board with monthly
updates on the Company’s performance, positions and prospects.
DIRECTORS’ LIABILITY INSURANCE
The Company has aranged apropriate insurance cover in respect
of legal action against its Directors. The insurance covers them
against costs, charges, expenses and liabilities incured arising out
of the corporate activities.
AUDITORS’ REMUNERATION
The fe charged by the Group’s external auditor in respect of
al audit and non-audit services to the Group during the year is
sumarised as below:
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
CORPORATE GOVERNANCE REPORT
企业管治报告
公司秘书
公司秘书及本公司授权代表苏丽珊女士
负责就企业管治事宜向董事会提供意
见，并确保董事会政策及程序以及适用
法律、法规及规例得以遵守。
为符合上市规则第3.29条的规定，苏丽
珊女士于以2024年12月31日为止的年度
内已参加不少于15个小时的相关专业培
训。本公司聘请外部专业公司秘书服务
供货商，为本公司提供合规及全面的公
司秘书服务。高级副总裁李君先生为公
司秘书于本公司的主要联络人。
高级管理层酬金
根据上市规则附录D2须予披露之有关董
事及五位最高薪雇员的酬金详情载于本
年报合并财务报表附注9。
股息政策
本公司已采纳一项股息政策（「股息政
策」）。任何股息的宣派及派付将由董事
会全权决定，并须符合开曼群岛公司法
及组织章程细则项下的一切适用规定（包
括但不限于宣派及派付股息的限制）。
COMPANY SECRETARY
Ms. So Lai Shan, the Company Secretary and authorised
representative of the Company, is responsible for advising the
Board on corporate governance maters and ensuring that Board
policy and procedures and aplicable laws, rules and regulations
were folowed.
In compliance with Rule 3.29 of the Listing Rules, Ms. So Lai
Shan has participated in relevant profesional training for not les
than 15 hours during the year ended 31 December 2024. The
Company engages an external profesional company secretarial
services provider to provide compliance and ful range of company
secretarial services to the Company. Mr. Li Jun, Senior Vice
President, is the primary point of contact at the Company for the
Company Secretary.
REMUNERATION OF THE SENIOR MANAGEMENT
Details of the remuneration of Directors and the five highest
paid employes required to be disclosed under Apendix D2 to
the Listing Rules have ben set out in note 9 to the consolidated
financial statements in this anual report.
DIVIDEND POLICY
The Company has adopted a dividend policy (the “Dividend
Policy”). Any declaration and payment of dividends shal be
determined at the sole discretion of the Board and subject to al
aplicable requirements (including without limitation restrictions
on dividend declaration and payment) under the Companies Act
of Cayman Islands and the Articles of Asociation.
2024年度报告 海昌海洋公园控股有限公司
CORPORATE GOVERNANCE REPORT
企业管治报告
在建议派发任何股息时，董事会将考虑
（其中包括）：
- ；
- 、股本回报
率及相关的财务契诺；
• 本集团的预期营运资金需要及未来
扩展计划；
- 、本集团业务的业务
周期，以及可能对本公司业务或财
务表现及状况构成影响的其他内在
或外在因素；及
- 。
董事会将持续检讨股息政策，并保留权
利单独及全权决定随时更新、修订及╱
或更改股息政策，而股息政策绝不会构
成本公司就其未来股息作出的具法律约
束力承诺及╱或本公司于任何时候或不
时宣派股息的责任。
In proposing any dividend payout, the Board shal take into
acount, inter alia:
- ’s actual and expected financial performance;
- ’s debts to equity ratio, return on equity and the
relevant financial covenants;
- ’s expected working capital requirements and
future expansion plans;
- , busines cycle of the Group’s
busines and other internal or external factors that may have
an impact on the busines or financial performance and
position of the Company; and
• any other factors that the Board dems apropriate.
The Board wil continualy review the Dividend Policy and reserves
the right in its sole and absolute discretion to update, amend and/
or modify the Dividend Policy at any time, and the Dividend Policy
shal in no way constitute a legaly binding comitment by the
Company in respect of its future dividend and/or the obligation
of the Company to declare a dividend at any time or from time to
time.
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
CORPORATE GOVERNANCE REPORT
企业管治报告
与股东之沟通及投资者关系
本公司认为，与股东及投资者之有效沟
通对加强投资者关系及使投资者了解本
集团的业务、表现及策略非常重要。本
公司亦明白到及时和非选择性地披露本
公司资料以供股东及投资者作出知情投
资决策之重要性。
为促进与股东之间的有效沟通并鼓励股东
出席股东大会，以及促进与投资者的有效
沟通，本公司已制定股东沟通政策，并设
有网站( w.haichangoceanpark.com )，
用以刊登有关其业务运营及发
展之最新资料，并设有IR邮箱
(investor@ haichangoceanpark.com )，用
以收集股东及投资者的邮件问询及答疑。
本公司已于2024年6月28日举行股东周
年大会（「2024年股东周年大会」）。所
有于2024年股东周年大会上提呈的决议
案均获通过。详情请参阅本公司日期为
2024年6月28日投票结果的公告。
经考虑年内举行的股东大会的多种沟通
渠道及股东出席情况后，董事会信纳，
股东通讯政策于2024年内已适当实施，
且为有效。
COMUNICATION WITH SHAREHOLDERS AND
INVESTOR RELATIONS
The Company considers that efective comunication with
Shareholders and investors is esential for enhancing investor
relations and understanding of the Group’s busines, performance
and strategies. The Company also recognises the importance of
timely and non-selective disclosure of information, which wil
enable Shareholders and investors to make informed investment
decisions.
To promote efective comunication with its Shareholders
and encourage their participation in general metings, and to
promote efective comunication with investors, the Company
has established a Shareholders’ comunication policy and
maintains a website at w.haichangoceanpark.com, where up-
to-date information on the Company’s busines operations and
developments are available. The Company has also set up an IR
email adres at investor@haichangoceanpark.com to colect and
answer Shareholders’ and investors’ enquiries and questions.
The Company held the anual general meting (the “2024 AGM”)
on 28 June 2024. Al resolutions proposed at the 2024 AGM have
ben aproved. Please refer to the pol results anouncement of
the Company dated 28 June 2024 for details.
Taking into acount a number of comunication chanels at
the general metings held during the year and the atendance
of the Shareholders, the Board believes that our Shareholders’
comunication policy has ben duly implemented during 2024
and is efective.
2024年度报告 海昌海洋公园控股有限公司
CORPORATE GOVERNANCE REPORT
企业管治报告
股东通讯政策
本公司致力向本公司股东提供有关本公
司均衡及可理解的资料，并已采纳股东
通讯政策，摘要如下：
• 根据上市规则要求及时在联交所网
站及本公司网站登载公司通讯；
• 本公司将根据上市规则及时在联交
所网站刊发公告（有关内部消息、公
司行动及交易等）及其他文件（如组
织章程大纲及细则）；
• 于联交所网站刊登的本公司任何资
料或文件亦将登载于本公司网站；
• 本公司的股东周年大会及其他股东
大会为本公司与其股东沟通的主要
平台，根据上市规则，应及时向股
东提供在股东大会上提呈的决议案
的相关资料。所提供的资料应是合
理所需的资料，以便股东能够就提
呈的决议案作出知情决定；
• 本公司鼓励鼓励股东参与股东大
会，如未克出席，可委任代表代其
出席并于会上投票；及
• 股东有关企业管治或其他事宜而将
向董事会及本公司提呈的书面查询
将由董事会处理。
SHAREHOLDER COMUNICATION POLICY
The Company is comited to providing the Shareholders of the
Company with balanced and understandable information about
the Company and has adopted a Shareholders’ comunication
policy, the sumary of which is set out below:
• corporate comunication is published on the Stock
Exchange’s website and the Company’s own website in a
timely maner as required by the Listing Rules;
• the Company shal publish anouncements (on inside
information, corporate actions and transactions etc.)
and other documents (e.g. Memorandum and Articles of
Asociation) on the Stock Exchange’s website in a timely
maner in acordance with the Listing Rules;
• any information or documents of the Company posted on
the Stock Exchange’s website wil also be published on the
Company’s website;
• the anual general meting and other general metings of
the Company are primary forum for comunication betwen
the Company and its Shareholders where the shareholders
are provided with relevant information on the resolutions(s)
proposed at a general meting in a timely maner in
acordance with the Listing Rules. The information provided
shal be reasonably necesary to enable the Shareholders to
make an informed decision on the proposed resolution(s);
• the Shareholders are encouraged to participate in general
metings or to apoint proxies to atend and vote at the
metings for and on their behalf if they are unable to atend
the metings; and
• writen enquiries from the shareholders about corporate
governance or other maters to be put to the Board and the
Company wil be dealt with by the Board.
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
CORPORATE GOVERNANCE REPORT
企业管治报告
股东权利
本公司避免于股东大会上以捆绑方式提
呈决议案，本公司将于股东大会上就各
项实质上独立的问题提呈独立决议案。
于股东大会上提呈之所有决议案将根据
上市规则以投票表决，投票结果将于各
股东大会举行后及时于本公司及联交所
网站刊登。
召开股东特别大会及提呈建议
根据章程细则，本公司一名或以上于提
请要求当日持有不少于本公司股东大会
上有投票权缴足股本10%的股东，向本
公司在香港的主要办事处发出书面要求
后亦可召开股东特别大会。
股东可根据开曼群岛公司法及章程细则
向股东大会提呈建议以供考虑。
有关推荐人选参选董事之程序可于本公
司及联交所网站查阅。
向董事会提出查询
股东可在本公司在香港的主要办事处向
本公司送交书面查询。本公司将会按适
时和恰当方式响应所有查询。
SHAREHOLDERS’ RIGHT
The Company intends to avoid bundling of resolutions at general
metings such that a separate resolution shal be proposed for
each substantialy separate isue at general metings.
Al resolutions put forward at Shareholders’ metings wil be
voted on by pol pursuant to the Listing Rules and pol results
wil be posted on the websites of the Company and the Stock
Exchange in a timely maner after each Shareholders’ meting.
CONVENING OF EXTRAORDINARY GENERAL
METING AND PUTING FORWARD PROPOSALS
In acordance with the Articles of Asociation, one or more
Shareholders of the Company may convene an extraordinary
general meting provided that they deposit a writen requisition
at the principal ofice of the Company in Hong Kong and such
requisitioning Shareholders hold as at the date of deposit of
such requisition not les than 10% of the paid up capital of the
Company which caries voting rights at general metings of the
Company.
Shareholders may put forward proposals for consideration at a
general meting in acordance with the Companies law of the
Cayman Islands and the Articles of Asociation.
As regards proposing a person for election as a Director, the
procedures are available on the websites of the Company and the
Stock Exchange.
PUTING FORWARD ENQUIRIES TO THE BOARD
Shareholders may send writen enquiries to the Company at
the Company’s principal place of busines in Hong Kong. The
Company wil respond to al enquiries in a timely and proper
basis.
2024年度报告 海昌海洋公园控股有限公司
CORPORATE GOVERNANCE REPORT
企业管治报告
联络详情
电子邮箱：investor@ haichangoceanpark.com
邮件地址：香港九龙尖沙咀梳士巴利道
18号维港文化汇K11办公大楼8楼804室
组织章程文件变动
公司股东于2024年股东周年大会上决议
通过修订《组织章程大纲及细则》内有关
根据于2023年12月31日生效的上市规则
相关修订更新若干条文。最新版本之《组
织章程细则》已载列于公司及联交所之网
站内。
CONTACT DETAILS
Email: investor@haichangoceanpark.com
Postal adres: Rom 804, 8/F., K11 Atelier, Victoria Dockside, 18
Salisbury Road, Tsim Sha Tsui, Kowlon, Hong Kong
CHANGE IN CONSTITUTIONAL DOCUMENTS
Amendments to the Memorandum and Articles of Asociation
relating to the update of certain provisions pursuant to relevant
amendments to the Listing Rules which tok efect on 31
December 2023 were aproved by shareholders of the Company
at the 2024 AGM. The latest version of the Articles of Asociation
is available on the websites of the Company and the Stock
Exchange.
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
To the shareholders of Haichang Ocean Park Holdings Ltd.
(Incorporated in the Cayman Islands with limited liability)
To the shareholders of Haichang Ocean Park Holdings Ltd.
(Incorporated in the Cayman Islands with limited liability)
致海昌海洋公园控股有限公司各股东
（于开曼群岛注册成立之有限公司）
INDEPENDENT AUDITOR’S REPORT
独立核数师报告
OPINION
We have audited the consolidated financial statements of
Haichang Ocean Park Holdings Ltd. (the “Company”) and its
subsidiaries (the “Group”) set out on pages 116 to 291, which
comprise the consolidated statement of financial position as at
31 December 2024, and the consolidated statement of profit or
los, the consolidated statement of comprehensive income, the
consolidated statement of changes in equity and the consolidated
statement of cash flows for the year then ended, and notes to the
consolidated financial statements, including material acounting
policy information.
In our opinion, the consolidated financial statements give a
true and fair view of the consolidated financial position of the
Group as at 31 December 2024, and of its consolidated financial
performance and its consolidated cash flows for the year then
ended in acordance with International Financial Reporting
Standards (“IFRSs”) isued by the International Acounting
Standards Board (the “IASB”) and have ben properly prepared
in compliance with the disclosure requirements of the Hong Kong
Companies Ordinance.
意见
吾等已审核载列于第116页至第291页之
海昌海洋公园控股有限公司（「贵公司」）
及其附属公司（统称「贵集团」）的合并财
务报表，其中包括于2024年12月31日
的合并财务状况表，以及截至该日止年
度的合并损益表、合并全面收益表、合
并权益变动表及合并现金流量表，以及
合并财务报表附注（包括重大会计政策资
料）。
吾等认为，合并财务报表已根据国际会
计准则理事会（「国际会计准则理事会」）
颁布的国际财务报告准则（「国际财务报
告准则」）真实而公平地反映 贵集团于
2024年12月31日的合并财务状况及其截
至该日止年度的合并财务表现及合并现
金流量，并已遵照香港公司条例的披露
规定妥为编制。
31/F, Gloucester Tower
The Landmark
11 Peder Stret
Central
Hong Kong
香港
中环
毕打街11号
置地广场
告罗士打大厦31楼
2024年度报告 海昌海洋公园控股有限公司
To the shareholders of Haichang Ocean Park Holdings Ltd.
(Incorporated in the Cayman Islands with limited liability)
To the shareholders of Haichang Ocean Park Holdings Ltd.
(Incorporated in the Cayman Islands with limited liability)
致海昌海洋公园控股有限公司各股东
（于开曼群岛注册成立之有限公司）
INDEPENDENT AUDITOR’S REPORT
独立核数师报告
BASIS FOR OPINION
We conducted our audit in acordance with Hong Kong
Standards on Auditing (“HKSAs”) isued by the Hong Kong
Institute of Certified Public Acountants (“HKICPA”). Our
responsibilities under those standards are further described in
the Auditor’s responsibilities for the audit of the consolidated
financial statements section of our report. We are independent of
the Group in acordance with the HKICPA’s Code of Ethics for
Profesional Acountants (the “Code”), and we have fulfiled our
other ethical responsibilities in acordance with the Code. We
believe that the audit evidence we have obtained is suficient and
apropriate to provide a basis for our opinion.
MATERIAL UNCERTAINTY RELATED TO
GOING CONCERN
We draw atention to Note 2 to the consolidated financial
statements, which indicates that the Group incured a net los
of RMB749,511,000 for the year ended 31 December 2024
and as of that date, the Group had net curent liabilities of
RMB2,952,919,000. In adition, bank and other borowings of
aproximately RMB496,640,000 were overdue during the year.
These conditions, along with other maters as set forth in Note 2
to the consolidated financial statements, indicate the existence
of a material uncertainty which may cast significant doubt on the
Group’s ability to continue as a going concern. Our opinion is not
modified in respect of this mater.
意见的基础
吾等乃按照香港会计师公会（「香港会计
师公会」）颁布的香港审计准则（「香港审
计准则」）进行审核工作。吾等根据该等
准则承担的责任会在本报告核数师就审
核合并财务报表须承担的责任一节中详
述。根据香港会计师公会之职业会计师
道德守则（「守则」），吾等独立于 贵集
团，并已遵循守则履行其他道德责任。
吾等相信，吾等所获得的审核证据能充
分和适当地为吾等的意见提供基础。
与持续经营有关的重大不确定性
吾等谨请 阁下注意合并财务报表附
注2，当中表明 贵集团于截至2024
年12月31日止年度产生净亏损人民币
749,511,000元，且截至该日， 贵集团
的流动负债净额为人民币2,952,919,000
元。此外，年内有约人民币496,640,000
元的银行及其他借款到期未偿还。该等
情况，连同合并财务报表附注2所载的其
他事项，表明存在重大不确定性，可能
会对 贵集团的持续经营能力构成重大
疑虑。吾等的意见并不因上述事项而修
改。
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
To the shareholders of Haichang Ocean Park Holdings Ltd.
(Incorporated in the Cayman Islands with limited liability)
To the shareholders of Haichang Ocean Park Holdings Ltd.
(Incorporated in the Cayman Islands with limited liability)
致海昌海洋公园控股有限公司各股东
（于开曼群岛注册成立之有限公司）
INDEPENDENT AUDITOR’S REPORT
独立核数师报告
OTHER MATER
The consolidated financial statements of the Group for the year
ended 31 December 2023 were audited by another auditor who
expresed an unmodified opinion on these statements on 26
March 2024.
KEY AUDIT MATERS
Key audit maters are those maters that, in our profesional
judgement, were of most significance in our audit of the
consolidated financial statements of the curent period. These
maters were adresed in the context of our audit of the
consolidated financial statements as a whole, and in forming
our opinion thereon, and we do not provide a separate opinion
on these maters. In adition to the mater described in the
“Material uncertainty related to going concern” section, we have
determined the maters described below to be the key audit
maters to be comunicated in our report.
其他事项
贵集团截至2023年12月31日止年度的合
并财务报表由另一名核数师审核，该名
核数师于2024年3月26日就该等报表发
表无保留意见。
关键审核事项
根据吾等的专业判断，关键审核事项为
吾等审核本期合并财务报表中最重要的
事项。吾等在审核合并财务报表和就此
形成意见时从整体上处理此等事项，而
不会就此等事项单独发表意见。除「与持
续经营有关的重大不确定性」一节所述事
项外，我们厘定下述事项为将于我们报
告中沟通的关键审核事项。
| Key audit matter 关键审核事项 | How our audit addressed the key audit matter 关键审核事项在审核中的处理方法 |
|---|---|
| Impairment assessment on property, plant and equipment and right-of-use assets 物业、厂房及设备以及使用权资产减值评估 | |
| The Group is an operator of theme parks in the People’s Republic of China and has a material operational asset base which may be vulnerable to impairment when the performance is below expectations. It is normal that the tourism industry suffers losses during the first couple of years since the commencement of operations. The carrying values of these assets are reviewed annually by management for indicators of impairment. For assets where such indicators exist, management performs detailed impairment tests based on assumptions including revenue forecasts, gross and operating margins and the discount rates, which involve significant judgement. 贵集团是中华人民共和国境内的主题公园运营商，经营 性资产基础庞大，一旦表现不及预期，可能较易出现减 值。开业后头几年蒙受亏损是旅游业的正常情况。管理 层每年就检讨此等资产的账面值以确定是否有减值迹 象。对于存在有关迹象的资产，管理层基于包括收入预 测、毛利率、经营利润率及折现率在内的假设展开详细 的减值测试，此中涉及重大判断。 | Our procedures in relation to management’s impairment assessment on the property, plant and equipment and right-of-use assets included but not limited to: 吾等针对管理层对物业、厂房及设备以及使用权资 产的减值评估的程序包括但不限于： • We evaluated of the Group’s policies and procedures to identify impairment indicators for underperforming theme parks; • 吾等评估 贵集团用以识别表现欠佳主题公园 的减值迹象的政策及程序； • We assessed the methodologies used and the appropriateness and the reasonableness of the key assumption based on our knowledge of the relevant industry and using our valuation experts; and • 吾等基于相关行业知识并利用吾等的估值专家 评估所用方法及关键假设的适当性及合理性； 及 |
2024年度报告 海昌海洋公园控股有限公司
To the shareholders of Haichang Ocean Park Holdings Ltd.
(Incorporated in the Cayman Islands with limited liability)
To the shareholders of Haichang Ocean Park Holdings Ltd.
(Incorporated in the Cayman Islands with limited liability)
致海昌海洋公园控股有限公司各股东
（于开曼群岛注册成立之有限公司）
INDEPENDENT AUDITOR’S REPORT
独立核数师报告
| Key audit matter 关键审核事项 | How our audit addressed the key audit matter 关键审核事项在审核中的处理方法 |
|---|---|
| As at 31 December 2024, the carrying amounts of property, plant and equipment and right-of-use assets were RMB6,237,390,000 and RMB1,592,207,000, after taking into account the impairment losses of property, plant and equipment of amount RMB190,361,000 that have been recognised during the year ended 31 December 2024. 于2024年12月31日，物业、厂房及设备以及使用权 资产的账面值分别为人民币6,237,390,000元及人民 币1,592,207,000元，当中计及已于截至2024年12月 31日止年度确认的物业、厂房及设备减值亏损人民币 190,361,000元。 Relevant disclosures are included in notes 12 and 14 to the consolidated financial statements. 相关披露载于合并财务报表附注12及14。 | • We checked, on a sampling basis, the accuracy and relevance of the input data used. • 吾等抽样检查所用输入数据准确性及相关性。 We found that the assumptions made by management for impairment assessment were supported by the available evidence. 吾等发现管理层就减值评估作出的假设有证据支持。 |
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
To the shareholders of Haichang Ocean Park Holdings Ltd.
(Incorporated in the Cayman Islands with limited liability)
To the shareholders of Haichang Ocean Park Holdings Ltd.
(Incorporated in the Cayman Islands with limited liability)
致海昌海洋公园控股有限公司各股东
（于开曼群岛注册成立之有限公司）
INDEPENDENT AUDITOR’S REPORT
独立核数师报告
2024年度报告 海昌海洋公园控股有限公司
To the shareholders of Haichang Ocean Park Holdings Ltd.
(Incorporated in the Cayman Islands with limited liability)
To the shareholders of Haichang Ocean Park Holdings Ltd.
(Incorporated in the Cayman Islands with limited liability)
致海昌海洋公园控股有限公司各股东
（于开曼群岛注册成立之有限公司）
INDEPENDENT AUDITOR’S REPORT
独立核数师报告
OTHER INFORMATION
The directors of the Company are responsible for the other
information. The other information comprises al the information
included in the anual report, but does not include the
consolidated financial statements and our auditor’s report thereon
(the “Other Information”).
Our opinion on the consolidated financial statements does not
cover the Other Information and we do not expres any form of
asurance conclusion thereon.
In conection with our audit of the consolidated financial
statements, our responsibility is to read the Other Information
and, in doing so, consider whether the Other Information is
materialy inconsistent with the consolidated financial statements
or our knowledge obtained in the audit or otherwise apears to
be materialy mistated. If, based on the work we have performed,
we conclude that there is a material mistatement of this Other
Information, we are required to report that fact. We have nothing
to report in this regard.
RESPONSIBILITIES OF THE DIRECTORS
AND THOSE CHARGED WITH GOVERNANCE
FOR THE CONSOLIDATED FINANCIAL
STATEMENTS
The directors of the Company are responsible for the preparation
of the consolidated financial statements that give a true and
fair view in acordance with IFRSs isued by the IASB and the
disclosure requirements of the Hong Kong Companies Ordinance,
and for such internal control as the directors determine is
necesary to enable the preparation of consolidated financial
statements that are fre from material mistatement, whether due
to fraud or eror.
其他资料
贵公司董事须对其他资料承担责任。其
他资料包括年报中所载的全部资料，但
不包括其上所载合并财务报表及核数师
报告（「其他资料」）。
吾等对合并财务报表作出的意见并未考
虑其他资料。吾等不对其他资料发表任
何形式的核证结论。
就审核合并财务报表而言，吾等的责任
是阅读其他资料，从而判断其他资料是
否与合并财务报表或吾等在审核过程中
获悉的资料存在重大不符，或似乎存在
重大错误陈述。倘若吾等基于已完成的
工作认为其他资料出现重大错误陈述，
吾等须报告此一事实。吾等就此并无须
报告事项。
董事及负责管治人士就合并财
务报表须承担的责任
贵公司董事须负责根据国际会计准则理
事会颁布的国际财务报告准则及香港公
司条例的披露规定编制合并财务报表，
以令合并财务报表作出真实而公平的反
映，及落实其认为编制合并财务报表所
必要的内部控制，以使合并财务报表不
存在由于欺诈或错误而导致的重大错误
陈述。
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
To the shareholders of Haichang Ocean Park Holdings Ltd.
(Incorporated in the Cayman Islands with limited liability)
To the shareholders of Haichang Ocean Park Holdings Ltd.
(Incorporated in the Cayman Islands with limited liability)
致海昌海洋公园控股有限公司各股东
（于开曼群岛注册成立之有限公司）
INDEPENDENT AUDITOR’S REPORT
独立核数师报告
在编制合并财务报表时， 贵公司董事须
负责评估 贵集团持续经营的能力，并
披露与持续经营有关的事项（如适用）。
除非 贵公司董事有意将 贵集团清
盘，或停止营运，或除此之外并无其他
实际可行的办法，否则董事须采用持续
经营会计基准。
负责管治人士负责监督 贵集团的财务
报告流程。
核数师就审核合并财务报表须
承担的责任
吾等的目标是合理确定整体而言合并财
务报表是否不存在由于欺诈或错误而导
致的重大错误陈述，并仅向全体股东发
出包含吾等审核意见的核数师报告，除
此之外别无其他目的。吾等不会就本报
告的内容向任何其他人士负上或承担任
何责任。
合理保证属高水平的核证，但不能保证
根据香港审计准则进行的审核工作总能
发现所有存在的重大错误陈述。错误陈
述可源于欺诈或错误，倘个别或整体在
合理预期情况下可影响使用者根据合并
财务报表作出的经济决定时，被视为重
大错误陈述。
吾等根据香港审计准则进行审核的工作
之一，是运用专业判断，在整个审核过
程中抱持职业怀疑态度。吾等亦：
In preparing the consolidated financial statements, the directors
of the Company are responsible for asesing the Group’s ability
to continue as a going concern, disclosing, as aplicable, maters
related to going concern and using the going concern basis of
acounting unles the directors of the Company either intend to
liquidate the Group or to cease operations, or have no realistic
alternative but to do so.
Those charged with governance are responsible for overseing
the Group’s financial reporting proces.
AUDITOR’S RESPONSIBILITIES FOR THE
AUDIT OF THE CONSOLIDATED FINANCIAL
STATEMENTS
Our objectives are to obtain reasonable asurance about whether
the consolidated financial statements as a whole are fre from
material mistatement, whether due to fraud or eror, and to isue
an auditor’s report that includes our opinion, solely to you, as a
body, and for no other purpose. We do not asume responsibility
towards or acept liability to any other person for the contents of
this report.
Reasonable asurance is a high level of asurance, but is not a
guarante that an audit conducted in acordance with HKSAs
wil always detect a material mistatement when it exists.
Mistatements can arise from fraud or eror and are considered
material if, individualy or in the agregate, they could reasonably
be expected to influence the economic decisions of users taken
on the basis of these consolidated financial statements.
As part of an audit in acordance with HKSAs, we exercise
profesional judgement and maintain profesional scepticism
throughout the audit. We also:
2024年度报告 海昌海洋公园控股有限公司
To the shareholders of Haichang Ocean Park Holdings Ltd.
(Incorporated in the Cayman Islands with limited liability)
To the shareholders of Haichang Ocean Park Holdings Ltd.
(Incorporated in the Cayman Islands with limited liability)
致海昌海洋公园控股有限公司各股东
（于开曼群岛注册成立之有限公司）
INDEPENDENT AUDITOR’S REPORT
独立核数师报告
‧ 识别及评估合并财务报表由于欺诈
或错误而导致重大错误陈述的风
险，因应这些风险设计及执行审核
程序，获得充足及适当的审核凭证
为吾等的意见提供基础。由于欺诈
可能涉及串谋、伪造、蓄意遗漏、
虚假陈述，或凌驾于内部控制之
上，因此未能发现因欺诈而导致的
重大错误陈述的风险较因错误而导
致的重大错误陈述的风险为高。
‧ 了解与审核有关的内部控制，以设
计恰当的审核程序，但目的并非
对 贵集团内部控制的有效性发表
意见。
‧ 评价董事所采用会计政策的恰当性
及所作出会计估计和相关披露资料
的合理性。
‧ 对董事采用持续经营会计基准的恰
当性作出结论。根据所得的审核凭
证，决定是否存在与事件或情况有
关的重大不确定性，而可能对 贵
集团持续经营的能力构成重大疑
虑。如果吾等认为存在重大不确定
性，则须在核数师报告中提请使用
者对合并财务报表中相关披露资料
的关注。假若有关披露资料不足，
则修订吾等的意见。吾等的结论是
基于截至核数师报告日期所取得的
审核凭证。然而，未来事件或情况
可能导致 贵集团不能持续经营。
• Identify and ases the risks of material mistatement of the
consolidated financial statements, whether due to fraud or
eror, design and perform audit procedures responsive to
those risks, and obtain audit evidence that is suficient and
apropriate to provide a basis for our opinion. The risk of
not detecting a material mistatement resulting from fraud is
higher than for one resulting from eror, as fraud may involve
colusion, forgery, intentional omisions, misrepresentations,
or the overide of internal control.
• Obtain an understanding of internal control relevant to the
audit in order to design audit procedures that are apropriate
in the circumstances, but not for the purpose of expresing
an opinion on the efectivenes of the Group’s internal
control.
• Evaluate the apropriatenes of acounting policies used
and the reasonablenes of acounting estimates and related
disclosures made by the directors.
- ’ use of the
going concern basis of acounting and, based on the audit
evidence obtained, whether a material uncertainty exists
related to events or conditions that may cast significant
doubt on the Group’s ability to continue as a going concern.
If we conclude that a material uncertainty exists, we are
required to draw atention in our auditor’s report to the
related disclosures in the consolidated financial statements
or, if such disclosures are inadequate, to modify our opinion.
Our conclusions are based on the audit evidence obtained
up to the date of our auditor’s report. However, future events
or conditions may cause the Group to cease to continue as
a going concern.
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
To the shareholders of Haichang Ocean Park Holdings Ltd.
(Incorporated in the Cayman Islands with limited liability)
To the shareholders of Haichang Ocean Park Holdings Ltd.
(Incorporated in the Cayman Islands with limited liability)
致海昌海洋公园控股有限公司各股东
（于开曼群岛注册成立之有限公司）
INDEPENDENT AUDITOR’S REPORT
独立核数师报告
‧ 评估合并财务报表（包括披露资料）
的整体列报、架构和内容，以及合
并财务报表是否已公平地反映及列
报相关交易及事项。
‧ 计划及执行集团审核以就集团内的
实体或业务单位的财务资料获得充
足适当的审核凭证，作为对集团财
务报表形成意见的基础。吾等负责
指导、监督及审阅就集团审核目的
而执行的审核工作。吾等对吾等的
审核意见全权负责。
吾等就（其中包括）计划的审核范围、时
间安排、重大审核发现等事项（包括吾等
在审核期间识别出内部控制的任何重大
缺陷）与负责管治人士进行沟通。
吾等亦向负责管治人士提交声明，说明
吾等已符合有关独立性的相关职业道德
要求，并就一切被合理认为会影响吾等
独立性的关系和其他事项以及（如适用）
为消除威胁所采纳的行动及已应用的防
范措施，与彼等进行沟通。
- , structure and content
of the consolidated financial statements, including the
disclosures, and whether the consolidated financial
statements represent the underlying transactions and events
in a maner that achieves fair presentation.
• Plan and perform the group audit to obtain suficient
apropriate audit evidence regarding the financial information
of the entities or busines units within the group as a basis
for forming an opinion on the group financial statements. We
are responsible for the direction, supervision and review of
the audit work performed for purposes of the group audit.
We remain solely responsible for our audit opinion.
We comunicate with those charged with governance regarding,
among other maters, the planed scope and timing of the audit
and significant audit findings, including any significant deficiencies
in internal control that we identify during our audit.
We also provide those charged with governance with a statement
that we have complied with relevant ethical requirements
regarding independence, and to comunicate with them al
relationships and other maters that may reasonably be thought to
bear on our independence, and where aplicable, actions taken
to eliminate threats or safeguards aplied.
2024年度报告 海昌海洋公园控股有限公司
To the shareholders of Haichang Ocean Park Holdings Ltd.
(Incorporated in the Cayman Islands with limited liability)
To the shareholders of Haichang Ocean Park Holdings Ltd.
(Incorporated in the Cayman Islands with limited liability)
致海昌海洋公园控股有限公司各股东
（于开曼群岛注册成立之有限公司）
INDEPENDENT AUDITOR’S REPORT
独立核数师报告
From the maters comunicated with those charged with
governance, we determine those maters that were of most
significance in the audit of the consolidated financial statements
of the curent period and are therefore the key audit maters.
We describe these maters in our auditor’s report unles law or
regulation precludes public disclosure about the mater or when,
in extremely rare circumstances, we determine that a mater
should not be comunicated in our report because the adverse
consequences of doing so would reasonably be expected to
outweigh the public interest benefits of such comunication.
The engagement director on the audit resulting in this
independent auditor’s report is Hon Kon Fai, Alex.
HLB Hodgson Impey Cheng Limited
Certified Public Acountants
Hon Kon Fai, Alex
Practicing Certificate Number: P05029
Hong Kong, 28 March 2025
从与负责管治人士沟通的事项中，吾等
确定哪些是本期合并财务报表审核工作
的最重要事项，即关键审核事项。除非
法律或法规不容许公开披露此等事项或
在极罕有的情况下，吾等认为披露此等
事项可合理预期的不良后果将超过其产
生的公众利益而不应在吾等报告中予以
披露，否则吾等会在核数师报告中描述
此等事项。
本独立核数师报告的审核项目董事为韩
冠辉。
国卫会计师事务所有限公司
执业会计师
韩冠辉
执业证书编号：P05029
香港，2025年3月28日
| 1,818,358 |
|---|
| (1,399,393) |
| 418,965 |
| 103,829 |
| (170,225) |
| (719,290) |
| 450 |
| (48,151) |
| (346,497) |
| (760,919) |
| 11,408 |
| (749,511) |
| (739,719) |
| (9,792) |
| (749,511) |
| (9.12) |
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
CONSOLIDATED STATEMENT OF PROFIT OR LOS
合并损益表
Year ended 31 December 2024
截至2024年12月31日止年度
2024年2023年
NotesRMB’000RMB’000
附注人民币千元人民币千元
REVENUE收入61,816,842
Cost of sales销售成本(1,359,387)
Gros profit毛利457,455
Other income and gains其他收入及收益6306,497
Seling and distribution expenses销售及分销开支(139,222)
Administrative expenses行政费用(469,794)
Reversal of impairment loses
on financial asets, net
金融资产的减值亏损
拨回净额78,091
Other expenses其他费用(26,551)
Finance costs财务成本8(322,580)
LOS BEFORE TAX除税前亏损7(186,104)
Income tax credit所得税抵免104,197
LOS FOR THE YEAR年内亏损(181,907)
Atributable to:归属于：
Owners of the parent 母公司拥有人(197,259)
Non-controling interests 非控股权益15,352
(181,907)
LOS PER SHARE
ATRIBUTABLE TO ORDINARY
EQUITY HOLDERS OF THE PARENT
母公司普通股权持有人
应占每股亏损
Basic and diluted基本及摊薄
– Los for the year (RMB cents) －年内亏损（人民币分）(2.43)
| (749,511) |
|---|
| (87,787) |
| (87,787) |
| 98,672 |
| 47,419 |
| (11,855) |
| 134,236 |
| 46,449 |
| (703,062) |
| (693,270) |
| (9,792) |
| (703,062) |
2024年度报告 海昌海洋公园控股有限公司
CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME
合并全面收益表
Year ended 31 December 2024
截至2024年12月31日止年度
2024年2023年
RMB’000RMB’000
人民币千元人民币千元
LOS FOR THE YEAR年内亏损(181,907)
OTHER COMPREHENSIVE
INCOME/(LOS)
其他全面收益╱（亏损）
Item that may be reclasified
subsequently to profit or los:
期后可能重新分类至损益的项目：
Exchange diferences on translation of
foreign operations, net
换算海外业务的汇兑差额净额
(51,601)
(51,601)
Items that wil not be reclasified to
profit or los:
将不会重新分类至损益的项目：
Exchange diferences on translation
from functional curency to
presentation curency
将功能货币换算为呈列货币
的汇兑差额
56,013
Gain on revaluation of property,
plant and machinery
物业、厂房及机器重估收益
29,665
Income tax efect所得税影响(7,416)
78,262
OTHER COMPREHENSIVE INCOME
FOR THE YEAR, NET OF TAX
年内其他全面收益
（扣除税项）26,661
TOTAL COMPREHENSIVE LOS FOR
THE YEAR
年内全面亏损总额
(155,246)
Atributable to:归属于：
Owners of the parent 母公司拥有人(170,598)
Non-controling interests 非控股权益15,352
(155,246)
| 6,237,390 |
|---|
| 745,500 |
| 1,592,207 |
| 21,030 |
| 38,504 |
| 44,896 |
| 872,331 |
| 299,996 |
| 9,851,854 |
| 7,086 |
| 62,070 |
| 4,071 |
| 50,622 |
| 227,334 |
| – |
| 71,778 |
| – |
| 64,738 |
| 487,699 |
| 1,035,049 |
| 755,433 |
| 10,337 |
| 1,560,983 |
| 27,353 |
| 13,439 |
| 38,024 |
| 3,440,618 |
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
CONSOLIDATED STATEMENT OF FINANCIAL POSITION
合并财务状况表
31 December 2024
2024年12月31日
31 December
2024
31 December
2024年
12月31日
2023年
12月31日
NotesRMB’000RMB’000
附注人民币千元人民币千元
NON-CURENT ASETS非流动资产
Property, plant and equipment物业、厂房及设备126,523,087
Investment properties投资物业13257,349
Right-of-use asets使用权资产14(a)1,484,515
Intangible asets无形资产1522,140
Financial asets at fair value through
profit or los
透过损益按公允价值列账
的金融资产1636,915
Defered tax asets递延税项资产1734,136
Long-term prepayments,
receivables and deposits
长期预付款项、
应收款项及按金23, 37(b)146,630
Properties under development发展中物业20299,849
Total non-curent asets非流动资产总额8,804,621
CURENT ASETS流动资产
Completed properties held for sale持作出售的已落成物业1922,498
Inventories存货2154,137
Biological asets生物资产247,005
Trade receivables贸易应收款项2246,209
Prepayments and other receivables预付款项及其他应收款项23395,687
Investment properties clasified
as held for sale
分类为持作出售
的投资物业13374,897
Financial asets at fair value through
profit or los
透过损益按公允价值列账
的金融资产16109,514
Pledged deposits已抵押存款255,912
Cash and cash equivalents现金及现金等值物251,702,264
Total curent asets流动资产总额2,718,123
CURENT LIABILITIES流动负债
Trade and bils payables贸易应付款项及应付票据26735,561
Other payables and acruals其他应付款项及应计费用27681,465
Advances from customers来自客户垫款2811,349
Interest-bearing bank and other borowings计息银行及其他借款291,403,535
Lease liabilities租赁负债2935,087
Government grants政府补贴3013,678
Tax payable应付税项1034,827
Total curent liabilities流动负债总额2,915,502
continued/…
续╱.
| (2,952,919) |
|---|
| 6,898,935 |
| 4,337,434 |
| 267,995 |
| 23,575 |
| 377,191 |
| 77,440 |
| 5,083,635 |
| 1,815,300 |
| 2,489 |
| 1,720,271 |
| 1,722,760 |
| 92,540 |
| 1,815,300 |
2024年度报告 海昌海洋公园控股有限公司
CONSOLIDATED STATEMENT OF FINANCIAL POSITION
合并财务状况表
31 December 2024
2024年12月31日
31 December
2024
31 December
2024年
12月31日
2023年
12月31日
NotesRMB’000RMB’000
附注人民币千元人民币千元
NET CURENT LIABILITIES流动负债净额(197,379)
TOTAL ASETS LES CURENT
LIABILITIES
总资产减流动负债
8,607,242
NON-CURENT LIABILITIES非流动负债
Interest-bearing bank and other borowings计息银行及其他借款294,739,333
Lease liabilities租赁负债29121,017
Long-term payables长期应付款项26, 27771,141
Government grants政府补贴30390,844
Defered tax liabilities递延税项负债1766,545
Total non-curent liabilities非流动负债总额6,088,880
Net asets资产净额2,518,362
EQUITY权益
Equity atributable to owners of the parent母公司拥有人应占权益
Share capital股本312,489
Reserves储备322,413,541
2,416,030
Non-controling interests非控股权益102,332
Total equity总权益2,518,362
Qu NaijieLi Kehui
曲乃杰李珂晖
DirectorDirector
董事董事
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
CONSOLIDATED STATEMENT OF CHANGES IN EQUITY
合并权益变动表
Year ended 31 December 2024
截至2024年12月31日止年度
Atributable to owners of the parent
母公司拥有人应占
Share
capital
Treasury
shares
Share
premium
Capital
reserve
Aset
revaluation
reserve
Statutory
reserves
Exchange
fluctuation
reserve
Acumulated
losesTotal
Non-
controling
interests
Total
equity
股本库存股份溢价资本储备
资产
重估储备法定储备
汇兑
波动储备累计亏损总计非控股权益总权益
RMB’000RMB’000RMB’000RMB’000RMB’000RMB’000RMB’000RMB’000RMB’000RMB’000RMB’000
人民币千元人民币千元人民币千元人民币千元人民币千元人民币千元人民币千元人民币千元人民币千元人民币千元人民币千元
(Note 31)(note 32(a)(note 32(b)
（附注31）（附注32(a)）（附注32(b)）
At 1 January 2023于2023年1月1日2,489–2,628,069731,57637,105173,0151,563(950,060)2,623,75752,5702,676,327
(Los)/profit for the year年内（亏损）╱溢利–(197,259)(197,259)15,352(181,907)
Other comprehensive income
for the year:
年内其他全面收益：
Exchange diferences on
translation of foreign
operations
换算海外业务的汇兑差额
–4,412–4,412–4,412
Aset revaluation surplus,
net of tax
资产重估盈余（扣除税项）
–22,249–22,249–22,249
Total comprehensive
income/(los) for the year
年内全面
收益╱（亏损）总额–22,249–4,412(197,259)(170,598)15,352(155,246)
Shares repurchased回购股份–(37,129)–(37,129)–(37,129)
Capital injection by a
non-controling equity holder
一名非控股权益
持有人注资–34,41034,410
Transfer to statutory reserves转拨至法定储备–13,621–(13,621)–
At 31 December 2023于2023年12月31日2,489(37,129)2,628,069731,57659,354186,6365,975(1,160,940)*2,416,030102,3322,518,362
continued/…
续╱.
| 2,489 | (37,129) | 2,628,069 | 731,576 | 59,354 | 186,636 | 5,975 | (1,160,940) | 2,416,030 | 102,332 | 2,518,362 |
|---|---|---|---|---|---|---|---|---|---|---|
| – | – | – | – | – | – | – | (739,719) | (739,719) | (9,792) | (749,511) |
| – | – | – | – | – | – | 10,885 | – | 10,885 | – | 10,885 |
| – | – | – | – | 35,564 | – | – | – | 35,564 | – | 35,564 |
| – | – | – | – | 35,564 | – | 10,885 | (739,719) | (693,270) | (9,792) | (703,062) |
| 2,489 | (37,129)* | 2,628,069* | 731,576* | 94,918* | 186,636* | 16,860* | (1,900,659)* | 1,722,760 | 92,540 | 1,815,300 |
2024年度报告 海昌海洋公园控股有限公司
CONSOLIDATED STATEMENT OF CHANGES IN EQUITY
合并权益变动表
Year ended 31 December 2024
截至2024年12月31日止年度
Atributable to owners of the parent
母公司拥有人应占
Share
capital
Treasury
shares
Share
premium
Capital
reserve
Aset
revaluation
reserve
Statutory
reserves
Exchange
fluctuation
reserve
Acumulated
losesTotal
Non-
controling
interests
Total
equity
股本库存股份溢价资本储备
资产
重估储备法定储备
汇兑
波动储备累计亏损总计非控股权益总权益
RMB’000RMB’000RMB’000RMB’000RMB’000RMB’000RMB’000RMB’000RMB’000RMB’000RMB’000
人民币千元人民币千元人民币千元人民币千元人民币千元人民币千元人民币千元人民币千元人民币千元人民币千元人民币千元
(Note 31)(note 32(a)(note 32(b)
（附注31）（附注32(a)）（附注32(b)）
At 1 January 2024于2024年1月1日
Los for the year年内亏损
Other comprehensive income
for the year:
年内其他全面收益：
Exchange diferences on
translation of foreign
operations
换算海外业务的汇兑差额
Aset revaluation surplus,
net of tax
资产重估盈余（扣除税项）
Total comprehensive
income/(los) for the year
年内全面
收益╱（亏损）总额
At 31 December 2024于2024年12月31日
* These reserve acounts comprise the consolidated reserves of
RMB1,720,271 (2023: RMB2,413,541,000) in the consolidated
statement of financial position.
* 此等储备账包括合并财务状况表内的综合
储备人民币1,720,271元（2023年：人民
币2,413,541,000元）。
| (760,919) |
|---|
| 319,350 |
| 190,361 |
| 5,078 |
| 66,039 |
| 131 |
| 25,878 |
| (49,330) |
| 1,008 |
| (37,609) |
| (5,077) |
| – |
| (9,399) |
| 8,949 |
| 1,926 |
| 346,497 |
| 1,144 |
| (668) |
| – |
| – |
| 36,147 |
| 139,506 |
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
CONSOLIDATED STATEMENT OF CASH FLOWS
合并现金流量表
Year ended 31 December 2024
截至2024年12月31日止年度
2024年2023年
NotesRMB’000RMB’000
附注人民币千元人民币千元
CASH FLOWS FROM
OPERATING ACTIVITIES
经营活动产生的现金流量
Los before tax:
除税前亏损：
(186,104)
Adjustments for:就以下各项作出调整：
Depreciation of property,
plant and equipment
物业、厂房及设备折旧
7,12331,385
Impairment of property, plant and
equipment and intangible asets
物业、厂房及设备以及
无形资产减值7–
Amortisation of intangible asets 无形资产摊销7,158,288
Depreciation of right-of-use asets 使用权资产折旧765,572
Provision of impairment/(reversal of
impairment) for inventories
存货减值拨备╱（减值拨回）
7(631)
Los on disposal of items of property, plant
and equipment, and intangible asets
出售物业、厂房及设备项目
及无形资产的亏损71,183
Changes in fair value of investment properties 投资物业公允价值变动7,13(48,648)
Changes in fair value of biological asets 生物资产公允价值变动7,24(25)
Government grants recognised 已确认政府补贴6,30(58,870)
Gain on derecognition of leases 终止确认租赁的收益7(62)
Gain on modifications of financial liabilities
that do not result in derecognition
金融负债发生不导致终止
确认的变更的收益6(40,563)
(Reversal of impairment)/impairment of
trade receivables
贸易应收款项
（减值拨回）╱减值7,22950
Provision of impairment/(reversal of
impairment) for financial asets included in
prepayments and other receivables
计入预付款项及其他应收
款项的金融资产
减值拨备╱（减值拨回）7(9,041)
Writen of of biological asets 生物资产撇销–
Finance costs 财务成本8322,580
Foreign exchange loses 汇兑亏损╱（收益）713,770
Interest income 利息收入6(34,194)
Dividend income from financial asets at
fair value through profit or los
透过损益按公允价值列账
的金融资产之股息收入(35,548)
Gain on disposal of an asociate 出售联营公司收益(48,000)
Fair value loses of financial asets at fair
value through profit or los
透过损益按公允价值列账的
金融资产的公允价值亏损6,206
288,248
continued/…
续╱.
| (147) |
|---|
| (8,064) |
| 4,986 |
| 159,224 |
| (4,610) |
| (1,012) |
| (140,273) |
| (30,102) |
| 7,544 |
| 127,052 |
| 625 |
| (8,971) |
| 2,885 |
| 121,591 |
| (486,785) |
| (725,701) |
| – |
| (3,968) |
| 43 |
| – |
| – |
| – |
| – |
2024年度报告 海昌海洋公园控股有限公司
CONSOLIDATED STATEMENT OF CASH FLOWS
合并现金流量表
Year ended 31 December 2024
截至2024年12月31日止年度
2024年2023年
NotesRMB’000RMB’000
附注人民币千元人民币千元
Increase in properties under development发展中物业增加(60)
Increase in inventories存货增加(21,763)
Decrease in trade receivables贸易应收款项减少438
Decrease in prepayments and other receivables预付款项及其他应收款项减少251,833
(Increase)/decrease in frozen or restricted
cash and bank balances
被冻结或受限制现金及
银行结余（增加）╱减少12,084
(Decrease)/increase in advances from
customers
来自客户垫款（减少）╱增加
Decrease in trade and bils payables贸易应付款项及应付票据减少(166,801)
(Decrease)/increase in other payables and
acruals
其他应付款项及应计费用
（减少）╱增加137,163
Receipt of government grants收取政府补贴36,144
Cash generated from operations经营活动产生的现金537,788
Interest received已收利息4,793
Interest paid已付利息(10,815)
Tax refunded已退税项1,792
Net cash flows generated from
operating activities
经营活动产生
的净现金流量533,558
CASH FLOWS FROM INVESTING
ACTIVITIES
投资活动产生现金流量
Purchases of items of property, plant
and equipment
购买物业、厂房及设备项目
(1,319,874)
(Increase)/decrease in long-term prepayments,
receivables and deposits
长期预付款项、应收款项及
按金（增加）╱减少21,181
Proced from disposal of financial asets
at fair value through profit or los
出售透过损益按公允价值列账
的金融资产的所得款项4,000
Aditions to intangible asets新增无形资产15(18,745)
Interest received已收利息13,291
Dividend received from financial asets
at fair value through profit or los
来自透过损益按公允价值列账的
金融资产之已收股息35,548
Proceds from disposal of items of property,
plant and equipment, and intangible asets
出售物业、厂房及设备项目
及无形资产的所得款项4,117
Refund for an aditional capital
injection as a non-controling equity holder
作为非控股权益持有人额外
注资退款365,000
Proceds from disposal of an asociate出售一间联营公司所得款项–14,400
continued/…
续╱.
| – |
|---|
| 16,173 |
| (1,200,238) |
| 806,040 |
| (1,050,491) |
| (35,188) |
| 5,912 |
| – |
| – |
| (299,312) |
| (573,039) |
| (1,651,686) |
| 1,695,410 |
| 9,550 |
| 53,274 |
| 64,738 |
| 64,738 |
| (11,464) |
| 53,274 |
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
CONSOLIDATED STATEMENT OF CASH FLOWS
合并现金流量表
Year ended 31 December 2024
截至2024年12月31日止年度
2024年2023年
NotesRMB’000RMB’000
附注人民币千元人民币千元
Refund of capital from investment in financial
asets at fair value through profit or los
投资透过损益按公允价值列账的
金融资产之资本退还8,385
Receipt of government grants收取政府补贴8,767
Net cash flows used in investing activities投资活动所用净现金流量(863,930)
CASH FLOWS FROM FINANCING
ACTIVITIES
融资活动产生现金流量
New bank and other loans新增银行及其他贷款2,950,470
Repayment of bank and other loans偿还银行及其他贷款(1,907,543)
Principal portion of lease payments租赁付款的本金部分34(b)(31,059)
Decrease/(increase) in pledged deposits已抵押存款减少╱（增加）(837)
Capital injection by a non-controling
equity holder
一名非控股权益持有人注资
34,410
Increase in other payables其他应付款项增加100,000
Interest paid已付利息(335,996)
Net cash flows (used in)/generated
from financing activities
融资活动（所用）╱产生
的净现金流量809,445
NET (DECREASE)/INCREASE IN CASH AND
CASH EQUIVALENTS
现金及现金等值物净
（减少）╱增加479,073
Cash and cash equivalents at begining of year年初的现金及现金等值物1,225,695
Efect of foreign exchange rate changes, net汇率变动影响净额(9,358)
CASH AND CASH EQUIVALENTS
AT END OF YEAR
年末的现金及现金等值物
251,695,410
ANALYSIS OF BALANCES OF CASH AND
CASH EQUIVALENTS
现金及现金等值物结余分析
Cash and bank balances现金及银行结余251,702,264
Cash and cash equivalents as stated
in the statement of financial position
财务状况表中所列的
现金及现金等值物251,702,264
Frozen or restricted cash and bank balances被冻结或受限制现金及银行结余25(6,854)
Cash and cash equivalents as stated
in the statement of cash flows
现金流量表中所列的
现金及现金等值物251,695,410
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
1. GENERAL INFORMATION
Haichang Ocean Park Holdings Ltd. (the “Company”) is a
limited liability company incorporated in the Cayman Islands
on 21 November 2011. The registered adres of the
Company is P.O. Box 309, Ugland House, Grand Cayman,
KY1-1104, Cayman Islands.
During the year ended 31 December 2024, the Group was
involved in the folowing principal activities in the People’s
Republic of China (the “PRC”):
- , construction and operation of theme
parks
• property development
• investment
• hotel operation
• provision of consultancy and management services
The activities of its principal subsidiaries are set out in Note
43 to the consolidated financial statements.
In the opinion of the director, the holding company and
the ultimate holding company of the Company is Haichang
Group Limited, which is incorporated in the British Virgin
Islands (the “BVI”).
Its shares have ben listed on the Main Board of the Stock
Exchange of Hong Kong Limited (the “Stock Exchange”) on
13 March 2014.
The consolidated financial statements are presented in
Renminbi (“RMB”), which is the curency of the primary
economic environment which the major entities of the Group
operate. The functional curency of the Company is US
dolar and al values are rounded to the nearest thousand
except when otherwise indicated.
1. 一般资料
海昌海洋公园控股有限公司（「本
公司」）为一间于2011年11月21日
在开曼群岛注册成立的有限责任
公司。本公司的注册地址为P.O.
Box 309, Ugland House, Grand
Cayman, KY1-1104, Cayman
Islands。
于截至2024年12月31日止年度，
本集团在中华人民共和国（「中国」）
从事以下主要业务：
‧ 开发、建设及营运主题公园
‧ 物业发展
‧ 投资
‧ 酒店营运
‧ 提供咨询及管理服务
其主要附属公司的活动载于合并财
务报表附注43。
董事认为，本公司的控股公司及最
终控股公司为海昌集团有限公司，
该公司于英属处女群岛（「英属处女
群岛」）注册成立。
其股份已于2014年3月13日在香港
联合交易所有限公司（「联交所」）主
板上市。
合并财务报表以人民币（「人民币」）
列值，人民币为本集团主要实体经
营所在地主要经济环境的货币。本
公司的功能货币为美元，除另有指
明外，所有数值均约整至最接近的
千位数。
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
2. 合并财务报表的编制基准
合规声明
本合并财务报表乃根据由国际会计
准则理事会（「国际会计准则理事
会」）发布的所有适用国际财务报
告准则（「国际财务报告准则」）（泛
指所有适用的个别国际财务报告准
则、国际会计准则（「国际会计准
则」）及解释公告）而编制。本合并
财务报表亦遵守香港公司条例的适
用披露规定及联交所证券上市规则
的适用披露规定。
持续经营评估
截至2024年12月31日止年
度，本集团产生净亏损人民币
749,511,000元，且截至该日，
本集团的流动负债净额为人民币
2,952,919,000元。此外，年内有
约人民币496,640,000元的银行及
其他借款到期未偿还，而本集团后
续偿还其中的约人民币66,720,000
元。该等情况表明存在重大不确定
性，可能会对本集团的持续经营能
力构成重大疑虑。
尽管出现上述情况，合并财务报表
仍按持续经营基准编制，并假设本
集团在可见未来能持续经营。经考
虑下列计划及措施后，董事认为本
集团有能力履行其于未来十二个月
内到期的财务责任：
2. BASIS OF PREPARATION OF
CONSOLIDATED FINANCIAL STATEMENTS
Statement of compliance
These consolidated financial statements have ben
prepared in acordance with al aplicable International
Financial Reporting Standards (“IFRSs”), which colective
term includes al aplicable individual International Financial
Reporting Standards, International Acounting Standards
(“IASs”) and Interpretations isued by International
Acounting Standards Board (“IASB”). These consolidated
financial statements also comply with the aplicable
disclosure requirements of the Hong Kong Companies
Ordinance and the aplicable disclosure provisions of the
Rules Governing the Listing of Securities on the Stock
Exchange.
Going concern asesment
During the year ended 31 December 2024, the Group
incured a net los of RMB749,511,000 and as of that date,
the Group had net curent liabilities of RMB2,952,919,000.
In adition, bank and other borowings of aproximately
RMB496,640,000 were overdue during the year and
the Group has subsequently setled aproximately
RMB66,720,000 of the overdue bank borowing. These
conditions indicate the existence of a material uncertainty
which may cast significant doubt on the Group’s ability to
continue as a going concern.
Notwithstanding the aforesaid conditions, the consolidated
financial statements have ben prepared on a going concern
basis on the asumption that the Group is able to operate
as a going concern for the foreseable future. The directors
are of the opinion that the Group wil be able to met its
financial obligations as and when they fal due within the
next twelve months, after taking into acount the folowing
plans and measures as below:
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
2. 合并财务报表的编制基准
（续）
持续经营评估（续）
a) 本集团一直积极与各银行磋商
续借事宜。经考虑于2024年
成功续借的情况、本集团的
信贷记录及与相关银行的长
期关系，董事相信本集团将可
于银行及其他借款到期时续
借。截至此等财务报表批准日
期，银行及其他借款约人民币
104,147,000元已成功续期；
b) 直至此等财务报表批准日
期，本集团有效期直至2025
年12月31日后的未动用银行
及信贷融资总金额为人民币
4,500,000,000元，其中人民
币500,000,000元由一间金融
机构授出及余下融资由曲乃杰
（「曲乃杰先生」）控制的一间关
联公司授出；
c) 本集团继续监察资本开支，务
求现金资源取得平衡及纾解，
以支持公园营运，以及采取行
动收紧针对多项营运开支的成
本控制，并正积极寻求新的投
资及业务机会，目标是录得营
运盈利及正数现金流；及
d) 本公司一直积极与潜在投资者
磋商，以期在有需要时取得进
一步融资，包括但不限于股本
融资、供股及发行新可换股
债券，以改善本集团的流动资
金。于2024年11月20日，本
公司就潜在融资事项与一家产
业基金订立无法律约束力示意
性条款清单，约定该产业基金
拟认购本公司发行的可转换债
券1亿美元。有关详情，请参
阅本公司日期为2024年11月
20日的公告。
2. BASIS OF PREPARATION OF
CONSOLIDATED FINANCIAL STATEMENTS
(Continued)
Going concern asesment (Continued)
a) The Group has ben actively negotiating with
respective banks for the renewal of borowings. Having
considered the sucesful renewal of borowings
during the year 2024, the Group’s credit history and
long-term relationships with the relevant banks, the
directors believe that the Group wil be able to renew
the bank and other borowings upon expiry. As of
the date of aproval of these financial statements,
bank and other borowings of aproximately
RMB104,147,000 have ben sucesfuly renewed;
b) Up to the date of aproval of these financial
statements, the Group has unused bank and credit
facilities of a total amount of RMB4,500,000,000
valid until after 31 December 2025, of which
RMB500,000,000 was granted by a financial institute
and the remaining was granted by a related company
which is controled by 曲乃杰(“Mr. Qu Naijie”);
c) The Group continues to monitor capital expenditure
to balance and relieve cash resource to suport park
operations and take action to tighten cost controls
over various operating expenses and is actively
seking new investment and busines oportunities
with an aim to atain profitable and positive cash flow
operations; and
d) The Company has ben actively negotiating with
potential investors with a view to obtain further
financing when necesary including but not limited
to equity financing, rights isue and isuance of
new convertible bonds to improve the liquidity of
the Group. On 20 November 2024, the Company
entered into a non-legaly binding indicative term
shet with an industry fund in relation to the potential
financing, pursuant to which the industry fund intends
to subscribe for US$100 milion convertible bonds
isued by the Company. For detail, please refer to the
Company’s anouncement dated 20 November 2024.
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
2. 合并财务报表的编制基准
（续）
持续经营评估（续）
本公司董事已审阅本集团涵盖自
2024年12月31日起计十二个月期
间的现金流量预测。董事认为，考
虑到上述计划及措施后，本集团将
具备足够的营运资金，可于2024年
12月31日起计十二个月内拨付其
营运及应付其到期的财务责任。因
此，董事信纳，按持续经营基准编
制合并财务报表为恰当。
尽管如此，本集团能否实现上述计
划及措施仍存在重大不确定性。本
集团能否持续经营，将取决于本集
团能否在不久将来产生足够的融资
及经营现金流量，以及能否获得金
融机构及曲乃杰先生所控制的关联
公司的持续财务支持。
倘本集团未能实现上述计划及措施
并持续经营，则须作出调整，将本
集团资产的账面值撇减至其可收回
金额，为任何可能产生的进一步负
债作出拨备，并将非流动资产及非
流动负债分别重新分类为流动资产
及流动负债。该等调整的影响并未
反映在该等合并财务报表中。
2. BASIS OF PREPARATION OF
CONSOLIDATED FINANCIAL STATEMENTS
(Continued)
Going concern asesment (Continued)
The Directors of the Company have reviewed the Group’s
cash flow projections which cover a period of twelve months
from 31 December 2024. The Directors are of the opinion
that, taking into acount the plans and measures as stated
above, the Group wil have suficient working capital to
finance its operations and to met its financial obligations
as and when they fal due within twelve months from 31
December 2024. Acordingly, the Directors are satisfied
that it is apropriate to prepare the consolidated financial
statements on a going concern basis.
Notwithstanding the above, significant uncertainties exist
as to whether the Group is able to achieve its plans and
measures as described above. Whether the Group wil be
able to continue as a going concern would depend upon the
Group’s ability to generate adequate financing and operating
cash flows in the near future, and to obtain the continuous
financial suport from financial institution and the related
company controled by Mr. Qu Naijie.
Should the Group be unable to achieve the above-
mentioned plans and measures and operate as a going
concern, adjustments would have to be made to write
down the carying values of the Group’s asets to their
recoverable amounts, to provide for any further liabilities
which might arise, and to reclasify non-curent asets and
noncurent liabilities as curent asets and curent liabilities,
respectively. The efects of these adjustments have not ben
reflected in these consolidated financial statements.
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
2. 合并财务报表的编制基准
（续）
应用新订及经修订国际财务
报告准则
于本年度强制生效的新订及经修订
国际财务报告准则
于本年度，本集团首次应用以下于
2024年1月1日开始的本集团年度期
间强制生效的由国际会计准则理事
会发布的新订及经修订国际财务报
告准则，以编制合并财务报表：
国际财务报告准则
第16号之修订
售后回租中的
租赁负债
国际会计准则
第1号之修订
负债的流动或
非流动划分
国际会计准则
第1号之修订
附带契诺的
非流动负债
国际会计准则
第7号及国际
财务报告准则
第7号之修订
供应商融资
安排
于本年度应用国际财务报告准则之
修订并无对本集团于本年度及过往
年度的财务状况及表现及╱或该等
合并财务报表所载披露资料造成重
大影响。
2. BASIS OF PREPARATION OF
CONSOLIDATED FINANCIAL
STATEMENTS (Continued)
APLICATION OF NEW AND AMENDMENTS
TO IFRSs
New and amendments to IFRSs that are mandatorily
efective for the curent year
In the curent year, the Group has aplied the folowing
new and amendments to IFRS isued by IASB for the first
time, which are mandatorily efective for the Group’s anual
period begining on 1 January 2024 for the preparation of
the consolidated financial statements:
Amendments to IFRS 16Lease liabilities in a Sale and
leaseback
Amendments to IAS 1Clasification of Liabilities as
Curent or Non-curent
Amendments to IAS 1Non-curent Liabilities with
Covenants
Amendments to IAS 7
and IFRS 7
Suplier Finance Arangements
The aplication of the amendments to IFRSs in the curent
year has had no material impact on the Group’s financial
positions and performance for the curent and prior years
and/or on the disclosures set out in these consolidated
financial statements.
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
2. 合并财务报表的编制基准
（续）
应用新订及经修订国际财务
报告准则（续）
已颁布但尚未生效的新订及经修订
国际财务报告准则
本集团并未提早应用以下已颁布但
尚未生效的新订及经修订国际财务
报告准则：
国际财务报告准则
第9号及国际财务
报告准则第7号
之修订
金融工具分类
及计量之修订
国际财务报告准则
第10号及国际会计
准则第28号之修订
投资者与其联营
公司或合营企业
之间的资产
出售或出资
国际财务报告准则
会计准则之修订
国际财务报告准则
会计准则年度
改进－第11册
国际会计准则第21号
之修订
缺乏可兑换性
国际财务报告准则
第18号
财务报表之呈列
及披露
于待定日期或之后开始的年度期间
生效。
于2025年1月1日或之后开始的年度
期间生效。
于2026年1月1日或之后开始的年度
期间生效。
于2027年1月1日或之后开始的年度
期间生效。
本公司董事预计，应用所有新订及
经修订国际财务报告准则将不会于
可见未来对合并财务报表造成任何
重大影响。
2. BASIS OF PREPARATION OF
CONSOLIDATED FINANCIAL STATEMENTS
(Continued)
APLICATION OF NEW AND AMENDMENTS
TO IFRSs (Continued)
New and amendments to IFRSs in isue but not yet
efective
The Group has not early aplied the folowing new and
amendments to IFRSs that have ben isued but are not yet
efective:
Amendments to IFRS 9
and IFRS 7
Amendments to the
Clasification and
Measurement of Financial
Instruments
Amendments to IFRS 10
and IAS 28
Sale or Contribution of Asets
betwen an Investor and its
Asociate or Joint Venture
Amendments to IFRS
Acount Standards
Anual Improvements to IFRS
Acount Standards –
Volume 11
Amendments to IAS 21Lack of Exchangeability
IFRS 18Presentation and Disclosure
in Financial Statements
Efective for anual periods begining on or after a date to be
determined.
Efective for anual periods begining on or after 1 January
2025.
Efective for anual periods begining on or after 1 January
2026.
Efective for anual periods begining on or after 1 January
2027.
The directors of the Company anticipate that the aplication
of al new and amendments to IFRSs wil have no material
impact on the consolidated financial statements in the
foreseable future.
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
3. MATERIAL ACOUNTING POLICIES
Basis of consolidation
The consolidated financial statements include the financial
statements of the Company and its subsidiaries (colectively
refered to as the “Group”) for the year ended 31 December
2024. A subsidiary is an entity (including a structured entity),
directly or indirectly, controled by the Company. Control
is achieved when the Group is exposed, or has rights, to
variable returns from its involvement with the investe and
has the ability to afect those returns through its power over
the investe (i.e., existing rights that give the Group the
curent ability to direct the relevant activities of the investe).
Generaly, there is a presumption that a majority of voting
rights results in control. When the Company has les than
a majority of the voting or similar rights of an investe, the
Group considers al relevant facts and circumstances in
asesing whether it has power over an investe, including:
(a) the contractual arangement with the other vote
holders of the investe;
(b) rights arising from other contractual arangements; and
(c) the Group’s voting rights and potential voting rights.
The financial statements of the subsidiaries are prepared
for the same reporting period as the Company, using
consistent acounting policies. The results of subsidiaries
are consolidated from the date on which the Group obtains
control, and continue to be consolidated until the date that
such control ceases.
3. 重大会计政策
综合基准
合并财务报表包括本公司及其附属
公司（统称「本集团」）截至2024年
12月31日止年度的财务报表。附属
公司为本公司直接或间接控制的实
体（包括结构性实体）。当本集团对
参与投资对象业务的浮动回报承担
风险或享有权利以及能透过对投资
对象的权力（即本集团获赋予现有能
力以主导投资对象相关活动的既存
权利）影响该等回报时，即取得控制
权。
一般情况下，有一个推定，即多数
投票权形成控制权。倘本公司拥有
少于投资对象大多数投票或类似权
利的权利，则本集团于评估其是否
拥有对投资对象的权力时会考虑一
切相关事实及情况，包括：
(a) 与投资对象其他投票持有人的
合约安排；
(b) 其他合约安排所产生的权利；
及
(c) 本集团的投票权及潜在投票
权。
附属公司的财务报表乃于与本公司
相同的报告期内采纳一致的会计政
策编制。附属公司的业绩乃于本集
团取得控制权的日期起综合入账，
并继续综合入账直至该控制权终止
当日为止。
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
3. MATERIAL ACOUNTING POLICIES
(continued)
Basis of consolidation (continued)
Profit or los and each component of other comprehensive
income are atributed to the owners of the parent of the
Group and to the non-controling interests, even if this
results in the non-controling interests having a deficit
balance. Al intra-group asets and liabilities, equity,
income, expenses and cash flows relating to transactions
betwen members of the Group are eliminated in ful on
consolidation.
The Group reaseses whether or not it controls an investe
if facts and circumstances indicate that there are changes
to one or more of the thre elements of control described
above. A change in the ownership interest of a subsidiary,
without a los of control, is acounted for as an equity
transaction.
If the Group loses control over a subsidiary, it derecognises
the related asets (including godwil), liabilities, any non-
controling interest and the exchange fluctuation reserve;
and recognises the fair value of any investment retained
and any resulting surplus or deficit in profit or los. The
Group’s share of components previously recognised in other
comprehensive income is reclasified to profit or los or
retained profits, as apropriate, on the same basis as would
be required if the Group had directly disposed of the related
asets or liabilities.
- （续）
综合基准（续）
溢利或亏损及其他全面收益的各个
部分乃归属于本集团母公司的拥有
人及非控股权益，即使此举引致非
控股权益出现亏绌结余。因本集团
成员公司之间进行交易而产生的所
有集团内公司间的资产及负债、权
益、收入、开支及现金流量均会于
综合时悉数对销。
倘事实和情况显示上文所述之三项
控制权要素的其中一项或以上出现
变动，本集团会重新评估是否仍控
制投资对象。附属公司拥有权益
的变动（并未失去控制权）作为一项
股权交易入账。
倘本集团失去一间附属公司的控制
权，则会取消确认相关资产（包括商
誉）、负债、任何非控股权益及汇兑
波动储备；并确认任何保留投资的
公允价值及任何在损益中由此产生
的盈余或亏绌。本集团先前在其他
全面收益中确认的应占部分，按假
设本集团已直接出售相关资产或负
债所规定的相同基准适当地重新分
类至损益或保留溢利。
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
3. MATERIAL ACOUNTING POLICIES
(continued)
Investment in an asociate
An asociate is an entity in which the Group has a long-term
interest of generaly not les than 20% of the equity voting
rights and over which it has significant influence. Significant
influence is the power to participate in the financial and
operating policy decisions of the investe, but is not control
or joint control over those policies.
The Group’s investment in an asociate is stated in the
consolidated statement of financial position at the Group’s
share of net asets under the equity method of acounting,
les any impairment loses. The Group’s share of the post-
acquisition results and other comprehensive income of the
asociate is included in the consolidated statement of profit
or los and consolidated other comprehensive income,
respectively. In adition, when there has ben a change
recognised directly in the equity of the asociate, the Group
recognises its share of any changes, when aplicable, in
the consolidated statement of changes in equity. Unrealised
gains and loses resulting from transactions betwen the
Group and its asociate are eliminated to the extent of
the Group’s investment in the asociate, except where
unrealised loses provide evidence of an impairment of the
asets transfered. Godwil arising from the acquisition of
the asociate is included as part of the Group’s investment
in the asociate.
- （续）
于联营公司的投资
联营公司为本集团拥有股本表决权
整体不少于20%的长期权益且具有
重大影响力的实体。重大影响力为
参与投资对象财务及经营政策决定
的权力，但并非该等政策的控制权
或共同控制权。
本集团于联营公司的投资根据权益
会计法，按本集团分占的净资产减
任何减值亏损，于合并财务状况表
中列账。本集团分占联营公司的收
购后业绩及其他全面收益，分别计
入合并损益及合并其他全面收益表
内。此外，如有直接确认于联营公
司权益的变动，本集团于适当情况
下在合并权益变动表中确认其分占
的任何变动。本集团与其联营公司
之间的交易所产生的未变现收益及
亏损予以对销，以本集团于该联营
公司的投资为限，惟倘未变现亏损
证明所转让资产出现减值则除外。
由收购联营公司产生的商誉计入为
本集团于联营公司的投资一部分。
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
3. MATERIAL ACOUNTING POLICIES
(continued)
Investment in an asociate (continued)
Upon los of significant influence over the asociate, the
Group measures and recognises any retained investment at
its fair value. Any diference betwen the carying amount of
the asociate upon los of significant influence and the fair
value of the retained investment and proceds from disposal
is recognised in profit or los.
When an investment in an asociate is clasified as held for
sale, it is acounted for in acordance with IFRS 5 Non-
curent Asets Held for Sale and Discontinued Operations.
Busines combinations
Busines combinations are acounted for using the
acquisition method. The consideration transfered is
measured at the acquisition date fair value which is the sum
of the acquisition date fair values of asets transfered by
the Group, liabilities asumed by the Group to the former
owners of the acquire and the equity interests isued by
the Group in exchange for control of the acquire. For each
busines combination, the Group elects whether to measure
the non-controling interests in the acquire at fair value or
at the proportionate share of the acquire’s identifiable net
asets. Al other components of non-controling interests
are measured at fair value. Acquisition-related costs are
expensed as incured.
- （续）
于联营公司的投资（续）
于失去对联营公司的重大影响力的
情况下，本集团按其公允价值计量
及确认任何保留投资。联营公司于
失去重大影响力时的账面值与保留
投资及出售所得款项的公允价值之
间的任何差额乃于损益内确认。
倘于联营公司的投资分类为持作出
售，则根据国际财务报告准则第5号
持作出售的非流动资产及已终止经
营业务入账。
业务合并
业务合并按收购法列账。转让代价
乃按收购日期之公允价值计量，该
公允价值为本集团转让的资产、本
集团自被收购方的前度拥有人承担
的负债及本集团发行以换取被收购
方控股权的股本权益于收购日期公
允价值的总和。就各项业务合并而
言，本集团选择以公允价值或被收
购方可识别资产净值的应占比例，
计算于被收购方之非控股权益。非
控股权益之一切其他部分乃按公允
价值计量。收购相关成本于产生时
列为开支。
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
3. MATERIAL ACOUNTING POLICIES
(continued)
Busines combinations (continued)
The Group determines that it has acquired a busines
when the acquired set of activities and asets includes an
input and a substantive proces that together significantly
contribute to the ability to create outputs.
When the Group acquires a busines, it aseses the
financial asets and liabilities asumed for apropriate
clasification and designation in acordance with the
contractual terms, economic circumstances and pertinent
conditions as at the acquisition date. This includes the
separation of embeded derivatives in host contracts of the
acquire.
If the busines combination is achieved in stages, the
previously held equity interest is remeasured at its
acquisition date fair value and any resulting gain or los is
recognised in profit or los.
Any contingent consideration to be transfered by the
acquirer is recognised at fair value at the acquisition date.
Contingent consideration clasified as an aset or liability is
measured at fair value with changes in fair value recognised
in profit or los. Contingent consideration that is clasified
as equity is not remeasured and subsequent setlement is
acounted for within equity.
- （续）
业务合并（续）
本集团决定当所取得的一组活动及
资产包括一项投入及一项实质性过
程，而二者共同显著促进创造产出
的能力时，其已收购一项业务。
本集团收购一项业务时会根据合约
条款、收购日之经济状况及有关条
件评估取得的金融资产及承担的金
融负债，以进行适当分类及指定。
这包括分离被收购方主合约中的嵌
入式衍生工具。
倘业务合并为分阶段实现，先前持
有的股本权益应按收购日的公允价
值重新计算，产生的任何收益或亏
损在损益中确认。
收购方转让的任何或有代价将以收
购日的公允价值确认。被分类为资
产或负债的或有代价按公允价值确
认，其公允价值的变化于损益确
认。或有代价如被分类为权益项
目，则不再对其重新计量，后续的
结算会计入权益中。
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
3. MATERIAL ACOUNTING POLICIES
(continued)
Fair value measurement
The Group measures its investment properties, investment
properties clasified as held for sale, equity investments
and biological asets at fair value at the end of each
reporting period. Fair value is the price that would be
received to sel an aset or paid to transfer a liability in
an orderly transaction betwen market participants at the
measurement date. The fair value measurement is based
on the presumption that the transaction to sel the aset or
transfer the liability takes place either in the principal market
for the aset or liability, or in the absence of a principal
market, in the most advantageous market for the aset or
liability. The principal or the most advantageous market
must be acesible by the Group. The fair value of an aset
or a liability is measured using the asumptions that market
participants would use when pricing the aset or liability,
asuming that market participants act in their economic best
interest.
A fair value measurement of a non-financial aset takes into
acount a market participant’s ability to generate economic
benefits by using the aset in its highest and best use or by
seling it to another market participant that would use the
aset in its highest and best use.
The Group uses valuation techniques that are apropriate in
the circumstances and for which suficient data are available
to measure fair value, maximising the use of relevant
observable inputs and minimising the use of unobservable
inputs.
- （续）
公允价值计量
本集团于各报告期末按公允价值计
量其投资物业、分类为持作出售的
投资物业、股本投资及生物资产。
公允价值为市场参与者于计量日期
在有序交易中出售资产所收取的价
格或转让负债所支付的价格。公允
价值计量乃根据假设出售资产或转
让负债的交易于资产或负债主要市
场或（在无主要市场情况下）最具优
势市场进行而作出。主要或最具优
势市场须为本集团可进入之市场。
资产或负债的公允价值乃按假设市
场参与者于资产或负债定价时会以
其最佳经济利益行事计量。
非金融资产的公允价值计量须计及
市场参与者能自最大限度使用该资
产达致最佳用途，或将该资产出售
予将最大限度使用该资产达致最佳
用途的其他市场参与者，所产生的
经济效益。
本集团采纳适用于不同情况且具备
充分数据以供计量公允价值的估值
方法，以尽量使用相关可观察输入
数据及尽量减少使用不可观察输入
数据。
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
- （续）
公允价值计量（续）
所有于财务报表计量或披露的资产
及负债乃基于对公允价值计量整体
而言属重大的最低层输入数据按以
下公允价值等级分类：
第一级－ 基于相同资产或负债于
活跃市场的报价（未经调
整）
第二级－ 基于对公允价值计量而言
属重大的可观察（直接或
间接）最低层输入数据的
估值方法
第三级－ 基于对公允价值计量而言
属重大的不可观察最低层
输入数据的估值方法
就按经常性基准于本财务报表确认
的资产及负债而言，本集团透过于
各报告期末重新评估分类（基于对公
允价值计量整体而言属重大的最低
层输入数据）确定是否发生不同等级
转移。
3. MATERIAL ACOUNTING POLICIES
(continued)
Fair value measurement (continued)
Al asets and liabilities for which fair value is measured
or disclosed in the financial statements are categorised
within the fair value hierarchy, described as folows, based
on the lowest level input that is significant to the fair value
measurement as a whole:
Level 1 – based on quoted prices (unadjusted) in active
markets for identical asets or liabilities
Level 2 – based on valuation techniques for which the
lowest level input that is significant to the fair
value measurement is observable, either directly
or indirectly
Level 3 – based on valuation techniques for which the
lowest level input that is significant to the fair
value measurement is unobservable
For asets and liabilities that are recognised in the financial
statements on a recuring basis, the Group determines
whether transfers have ocured betwen levels in the
hierarchy by reasesing categorisation (based on the lowest
level input that is significant to the fair value measurement
as a whole) at the end of each reporting period.
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
- （续）
非金融资产减值
当资产（存货、递延税项资产、投
资物业及分类为持作出售的投资物
业除外）有减值迹象或须对资产进行
年度减值测试时，会估计资产的可
收回金额。资产可收回金额指资产
或现金产生单位的使用价值与其已
扣除销售成本的公允价值两者之中
的较高者，基于个别资产厘定，除
非该资产所产生的现金流基本上独
立于其他资产或资产组别的现金流
入，在该情况下可收回金额按资产
所属现金产生单位厘定。对现金产
生单位进行减值测试时，如可合理
及贯彻进行分配，则公司资产（例如
总部大厦）的一部分账面值分配至个
别现金产生单位，否则分配至最小
的现金产生单位组别。
仅当资产的账面值超逾其可收回金
额时方会确认减值亏损。评估使用
价值时，估计未来现金流量以反映
当前市场评定的货币时间价值以及
该项资产特有风险的税前折现率折
现至现值。减值亏损于产生期间在
损益表中列入开支，惟倘资产按重
估金额列账，则减值亏损根据该重
估资产的有关会计政策入账。
3. MATERIAL ACOUNTING POLICIES
(continued)
Impairment of non-financial asets
Where an indication of impairment exists, or when anual
impairment testing for an aset is required (other than
inventories, defered tax asets, investment properties and
investment properties clasified as held for sale), the aset’s
recoverable amount is estimated. An aset’s recoverable
amount is the higher of the aset’s or cash-generating unit’s
value in use and its fair value les costs of disposal, and is
determined for an individual aset, unles the aset does not
generate cash inflows that are largely independent of those
from other asets or groups of asets, in which case the
recoverable amount is determined for the cash-generating
unit to which the aset belongs. In testing a cash-generating
unit for impairment, a portion of the carying amount of a
corporate aset (e.g., a headquarters building) is alocated
to an individual cash-generating unit if it can be alocated
on a reasonable and consistent basis or, otherwise, to the
smalest group of cash-generating units.
An impairment los is recognised only if the carying amount
of an aset exceds its recoverable amount. In asesing
value in use, the estimated future cash flows are discounted
to their present value using a pre-tax discount rate that
reflects curent market asesments of the time value of
money and the risks specific to the aset. An impairment
los is charged to the statement of profit or los in the
period in which it arises, unles the aset is caried at a
revalued amount, in which case the impairment los is
acounted for in acordance with the relevant acounting
policy for that revalued aset.
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
- （续）
非金融资产减值（续）
于各报告期末评估是否有迹象显示
原已确认的减值亏损可能不复存在
或减少。倘存在该迹象，则评估可
收回金额。仅当评估商誉以外资产
可收回金额的估计改变时，方可转
回先前就资产确认的减值亏损，惟
转回后的数额不得高于假设以往年
度并无确认资产减值亏损而应有的
账面值（扣除任何折旧╱摊销）。该
减值亏损的转回在产生期间计入损
益表内。
关连人士
倘任何人士符合以下条件，则视为
与本集团有关连：
(a) 倘该方属以下人士或该人士的
近亲，并且该人士：
(i) 控制或共同控制本集团；
(i) 对本集团有重大影响力；
或
(i) 担任本集团或本集团母公
司的主要管理层成员；
3. MATERIAL ACOUNTING POLICIES
(continued)
Impairment of non-financial asets (continued)
An asesment is made at the end of each reporting
period as to whether there is an indication that previously
recognised impairment loses may no longer exist or may
have decreased. If such an indication exists, the recoverable
amount is estimated. A previously recognised impairment
los of an aset other than godwil is reversed only if there
has ben a change in the estimates used to determine the
recoverable amount of that aset, but not to an amount
higher than the carying amount that would have ben
determined (net of any depreciation/amortisation) had no
impairment los ben recognised for the aset in prior years.
A reversal of such an impairment los is credited to the
statement of profit or los in the period in which it arises.
Related parties
A party is considered to be related to the Group if:
(a) the party is a person or a close member of that
person’s family and that person:
(i) has control or joint control over the Group;
(i) has significant influence over the Group; or
(i) is a member of the key management personel
of the Group or of a parent of the Group;
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
- （续）
关连人士（续）
或
(b) 倘该方为符合下列任何条件的
实体：
(i) 该实体与本集团属同一集
团的成员；
(i) 一个实体为另一个实体的
联营公司或合资公司（或
为另一个实体的母公司、
附属公司或同系附属公
司）；
(i) 该实体与本集团均为同一
第三方的合资公司；
(iv) 一个实体为第三方实体的
合资公司，而另一个实体
为该第三方实体的联营公
司；
(v) 该实体是以本集团或本集
团关连实体的雇员为受益
人的离职后福利计划；
(vi) 该实体受(a)项所识别人
士控制或共同控制；
(vi) (a)(i)项所识别人士对该实
体有重大影响力或属该实
体（或该实体母公司）的
主要管理层成员；及
(vi) 该实体或该实体所属的集
团任何成员公司向本集团
或本集团的母公司提供主
要管理人员服务。
3. MATERIAL ACOUNTING POLICIES
(continued)
Related parties (continued)
or
(b) the party is an entity where any of the folowing
conditions aplies:
(i) the entity and the Group are members of the
same group;
(i) one entity is an asociate or joint venture of the
other entity (or of a parent, subsidiary or felow
subsidiary of the other entity);
(i) the entity and the Group are joint ventures of the
same third-party;
(iv) one entity is a joint venture of a third entity and
the other entity is an asociate of the third entity;
(v) the entity is a post-employment benefit plan for
the benefit of employes of either the Group or
an entity related to the Group;
(vi) the entity is controled or jointly controled by a
person identified in (a);
(vi) a person identified in (a)(i) has significant
influence over the entity or is a member of the
key management personel of the entity (or of a
parent of the entity); and
(vi) the entity, or any member of a group of which it
is a part, provides key management personel
services to the Group or to the parent of the
Group.
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
- （续）
物业、厂房及设备以及折旧
除在建工程外，物业、厂房及设备
按成本减累积折旧及任何减值亏损
列账。当一项物业、厂房及设备被
分类为持作出售，或当其属分类为
持作出售的出售集团一部分时，便
不会予以折旧，并根据国际财务报
告准则第5号入账，进一步解释见
「持作出售的非流动资产及出售集
团」的会计政策。物业、厂房及设备
项目的成本包括其购买价及任何使
资产达到拟定用途运作状况及地点
而直接应计的成本。
物业、厂房及设备项目投产后产生
的开支（如维修及保养开支）一般于
产生期间自损益表中扣除。当符合
确认条件，大型检查的开支以资产
账面值金额资本化为一更换项目。
倘物业、厂房及设备的重大部分需
要每隔一段时间更换，本集团确认
该等部分为有特定使用年期的个别
资产入账并作相应折旧处理。
3. MATERIAL ACOUNTING POLICIES
(continued)
Property, plant and equipment and depreciation
Property, plant and equipment, other than construction in
progres, are stated at cost les acumulated depreciation
and any impairment loses. When an item of property, plant
and equipment is clasified as held for sale or when it is
part of a disposal group clasified as held for sale, it is not
depreciated and is acounted for in acordance with IFRS
5, as further explained in the acounting policy for “Non-
curent asets and disposal groups held for sale”. The cost
of an item of property, plant and equipment comprises
its purchase price and any directly atributable costs of
bringing the aset to its working condition and location for
its intended use.
Expenditure incured after items of property, plant and
equipment have ben put into operation, such as repairs
and maintenance, is normaly charged to the statement
of profit or los in the period in which it is incured. In
situations where the recognition criteria are satisfied, the
expenditure for a major inspection is capitalised in the
carying amount of the aset as a replacement. Where
significant parts of property, plant and equipment are
required to be replaced at intervals, the Group recognises
such parts as individual asets with specific useful lives and
depreciates them acordingly.
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
- （续）
物业、厂房及设备以及折旧
（续）
折旧乃按下列各物业、厂房及设备
项目的估计可使用年期以直线法撇
销其成本至其剩余价值。就此使用
之主要年率如下：
主题公园及其他楼宇2.5%至5.0%
楼宇装修5.0%
机器10.0%至20.0%
汽车10.0%至25.0%
办公室设备及家私20.0%至33.0%
活生动物2.5%至33.3%
倘物业、厂房及设备项目内各部分
的可使用年期不同，则该项目的成
本按合理基准分配至各部分，而各
部分将独立计算折旧。将至少于每
个财报期末检讨剩余价值、可使用
年期及折旧方法，如有需要则调整。
包括首次确认的重大部分的物业、
厂房及设备项目于处置或预期日后
使用或处置不会产生任何经济利益
时终止确认。于终止确认资产当年
在损益表确认的处置或报废收入或
亏损，乃出售所得款项净额与有关
资产账面值的差额。
3. MATERIAL ACOUNTING POLICIES
(continued)
Property, plant and equipment and depreciation
(continued)
Depreciation is calculated on the straight-line basis to write
of the cost of each item of property, plant and equipment to
its residual value over its estimated useful life. The principal
anual rates used for this purpose are as folows:
Theme parks and other buildings2.5% to 5.0%
Building improvements5.0%
Machinery10.0% to 20.0%
Motor vehicles10.0% to 25.0%
Ofice equipment and furniture20.0% to 33.0%
Live animals2.5% to 33.3%
Where parts of an item of property, plant and equipment
have diferent useful lives, the cost of that item is alocated
on a reasonable basis among the parts and each part is
depreciated separately. Residual values, useful lives and
the depreciation method are reviewed, and adjusted if
apropriate, at least at each financial year end.
An item of property, plant and equipment including any
significant part initialy recognised is derecognised upon
disposal or when no future economic benefits are expected
from its use or disposal. Any gain or los on disposal or
retirement recognised in the statement of profit or los in the
year the aset is derecognised is the diference betwen the
net sales proceds and the carying amount of the relevant
aset.
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
- （续）
物业、厂房及设备以及折旧
（续）
在建工程按成本减任何减值亏损列
账而不计提折旧。在建工程于落成
并可用时重新分类至物业、厂房及
设备的适当类别。
投资物业
投资物业指为赚取租金收益及╱或
资本增值目的而持有的土地及楼宇
权益（包括使用权资产）。该等物业
首先按成本（包括交易成本）计量。
首次确认后，投资物业按反映报告
期末市况的公允价值列账。
投资物业公允价值变动产生的收入
或亏损，会于产生年度在损益表中
入账。
报废或处置一项投资物业产生的任
何收入或亏损，会于报废或处置年
度在损益表中确认。
3. MATERIAL ACOUNTING POLICIES
(continued)
Property, plant and equipment and depreciation
(continued)
Construction in progres is stated at cost les any
impairment loses, and is not depreciated. It is reclasified
to the apropriate category of property, plant and equipment
when completed and ready for use.
Investment properties
Investment properties are interests in land and buildings
(including right-of-use asets) held to earn rental income
and/or for capital apreciation. Such properties are
measured initialy at cost, including transaction costs.
Subsequent to initial recognition, investment properties are
stated at fair value, which reflects market conditions at the
end of the reporting period.
Gains or loses arising from changes in the fair values of
investment properties are included in the statement of profit
or los in the year in which they arise.
Any gains or loses on the retirement or disposal of an
investment property are recognised in the statement of profit
or los in the year of the retirement or disposal.
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
- （续）
投资物业（续）
将投资物业转拨至业主占用物业或
存货，物业的后续会计处理的视作
成本为其改变用途日期的公允价
值。如一项由本集团作为业主占用
的物业成为一项投资物业，本集团
按「物业、厂房及设备以及折旧」所
列的政策就自有物业列账及╱或按
「使用权资产」所列的政策就持有作
为使用权资产的物业入账，直至用
途改变的日期为止，而于该日该物
业账面值与公允价值之间的差额将
按上文「物业、厂房及设备以及折
旧」所列的政策列作重估。至于由持
作出售的已落成物业转拨至投资物
业，于该日该项物业的公允价值与
其之前的账面值之间的差额在损益
表内确认。
持作出售的非流动资产
倘非流动资产的账面值将主要透过
销售交易而非透过持续使用收回，
则分类为持作出售。在此情况下，
该资产可按当前状况即时出售，惟
仅须受出售该等资产的一般及惯用
条款所规限，且实现其出售的概率
必须极高。
3. MATERIAL ACOUNTING POLICIES
(continued)
Investment properties (continued)
For a transfer from investment properties to owner-ocupied
properties or inventories, the demed cost of a property
for subsequent acounting is its fair value at the date of
change in use. If a property ocupied by the Group as an
owner-ocupied property becomes an investment property,
the Group acounts for such property in acordance with
the policy stated under “Property, plant and equipment
and depreciation” for owned property and/or acounts for
such property in acordance with the policy stated under
“Right-of-use asets” for property held as a right-of-use
aset up to the date of change in use, and any diference
at that date betwen the carying amount and the fair
value of the property is acounted for as a revaluation in
acordance with the policy stated under “Property, plant
and equipment and depreciation” above. For a transfer from
completed properties held for sale to investment properties,
any diference betwen the fair value of the property at that
date and its previous carying amount is recognised in the
statement of profit or los.
Non-curent asets held for sale
Non-curent asets are clasified as held for sale if their
carying amounts wil be recovered principaly through a
sales transaction rather than through continuing use. For this
to be the case, the aset must be available for imediate
sale in its present condition subject only to terms that are
usual and customary for the sale of such asets and its sale
must be highly probable.
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
3. MATERIAL ACOUNTING POLICIES
(continued)
Non-curent asets held for sale (continued)
Non-curent asets (other than investment properties and
financial asets) clasified as held for sale are measured at
the lower of their carying amounts and fair values les costs
to sel.
Intangible asets
Intangible asets acquired separately are measured on
initial recognition at cost. The cost of intangible asets
acquired in a busines combination is the fair value at the
date of acquisition. The useful lives of intangible asets are
asesed to be either finite or indefinite. Intangible asets
with finite lives are subsequently amortised over the useful
economic life and asesed for impairment whenever there
is an indication that the intangible aset may be impaired.
The amortisation period and the amortisation method for an
intangible aset with a finite useful life are reviewed at least
at each financial year end.
- （续）
持作出售的非流动资产（续）
分类为持作出售的非流动资产（投资
物业及金融资产除外）按其账面值与
公允价值减出售成本两者间较低者
计量。
无形资产
单独取得的无形资产于首次确认时
按成本计量。通过业务合并取得的
无形资产的成本为收购日期的公允
价值。无形资产的可使用年期评估
分为有限期或无限期。有限期的无
形资产随后按可使用经济年期摊
销，并于有迹象显示无形资产可能
出现减值时评估减值。可使用年期
有限的无形资产的摊销期及摊销方
法至少于每个财政年度末检讨一次。
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
- （续）
无形资产（续）
软件及版权
软件及版权按成本减任何减值亏损
列账，并按直线法于5年至10年的
估计可使用年期内摊销。
租赁
本集团于合约开始时评估合约是否
一项或是否包含租赁。倘合约让渡
于一段时间控制使用特定资产以换
取代价的权利，该合约是一项租赁
或包含一项租赁。
本集团作为承租人
除短期租赁及低价值资产租赁外，
本集团就所有租赁应用单一的确认
及计量方法。本集团就支付租赁款
项确认租赁负债，以及就相关资产
的使用权确认使用权资产。
于包含租赁部分及非租赁部分的合
约开始或被重新评估时，本集团采
用实务简便方法，不把非租赁部分
分开，并把租赁部分及相关的非租
赁部分（例如物业租赁的物业管理服
务）入账列为单一的租赁部分。
3. MATERIAL ACOUNTING POLICIES
(continued)
Intangible asets (continued)
Software and copyright
Software and copyright are stated at cost les any
impairment loses and are amortised on the straight-line
basis over their estimated useful lives of 5 to 10 years.
Leases
The Group aseses at contract inception whether a
contract is, or contains, a lease. A contract is, or contains,
a lease if the contract conveys the right to control the use
of an identified aset for a period of time in exchange for
consideration.
Group as a lese
The Group aplies a single recognition and measurement
aproach for al leases, except for short-term leases and
leases of low-value asets. The Group recognises lease
liabilities to make lease payments and right-of-use asets
representing the right to use the underlying asets.
At inception or on reasesment of a contract that contains
a lease component and non-lease component(s), the Group
adopts the practical expedient not to separate non-lease
component(s) and to acount for the lease component
and the asociated non-lease component(s) (e.g., property
management services for leases of properties) as a single
lease component.
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
- （续）
租赁（续）
本集团作为承租人（续）
(a) 使用权资产
使用权资产于租赁开始日期
（即相关资产可供使用当日）
确认。使用权资产按成本减累
计折旧及任何减值亏损计量，
并就重新计量租赁负债作出调
整。使用权资产的成本包括于
开始日期或之前的已确认租赁
负债、已产生的初始直接成本
及已支付的租赁款项的金额，
减去任何已收租赁优惠。在适
用情况下，使用权资产的成本
亦包括拆卸及移除相关资产或
修复相关资产或其所在场地的
估计成本。使用权资产以直线
法于租赁期或资产的估计可使
用年期（以较短者为准）折旧如
下：
倘租赁资产的拥有权于租赁期
结束时转移至本集团，或成本
反映购买选择权获行使，则使
用资产的估计可使用年期计算
折旧。
3. MATERIAL ACOUNTING POLICIES
(continued)
Leases (continued)
Group as a lese (continued)
(a) Right-of-use asets
Right-of-use asets are recognised at the
comencement date of the lease (that is the date
the underlying aset is available for use). Right-of-
use asets are measured at cost, les acumulated
depreciation and any impairment loses, and adjusted
for any remeasurement of lease liabilities. The cost
of right-of-use asets includes the amount of lease
liabilities recognised, initial direct costs incured, and
lease payments made at or before the comencement
date les any lease incentives received. Where
aplicable, the cost of a right-of-use aset also
includes an estimate of costs to dismantle and remove
the underlying aset or to restore the underlying aset
or the site on which it is located. Right-of-use asets
are depreciated on a straight-line basis over the
shorter of the lease terms and the estimated useful
lives of the asets as folows:
Leasehold land40 to 50 years
租赁土地40至50年
Buildings2 to 10 years
楼宇2至10年
If ownership of the leased aset transfers to the Group
by the end of the lease term or the cost reflects
the exercise of a purchase option, depreciation is
calculated using the estimated useful life of the aset.
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
- （续）
租赁（续）
本集团作为承租人（续）
(a) 使用权资产（续）
当使用权资产与于持作为发展
中物业或持作出售的已落成物
业的租赁土地的权益有关，则
其后根据本集团有关「发展中
物业」或「持作出售的已落成物
业」的政策，按成本或可变现
净值（以较低者为准）计量。使
用权资产如符合投资物业的定
义，便计入投资物业内。根据
本集团有关「投资物业」的政
策，相应的使用权资产初始按
成本计量，其后按公允价值计
量。
(b) 租赁负债
租赁负债于租赁开始日期按将
于租赁期内支付的租赁付款的
现值确认。租赁付款包括固定
付款（包括实质的固定付款）减
任何应收租赁优惠、视乎指数
或利率而定的可变租赁付款，
以及预期将根据余值担保支付
的款项。租赁付款亦包括可合
理肯定本集团会行使的购买选
择权的行使价，以及就终止租
赁（倘租赁期反映本集团行使
终止租赁的选择权）支付的罚
款。并非视乎指数或利率而定
的可变租赁付款于触发付款的
事件或情况发生期间内确认为
开支。
3. MATERIAL ACOUNTING POLICIES
(continued)
Leases (continued)
Group as a lese (continued)
(a) Right-of-use asets (continued)
When the right-of-use asets relate to interests in
leasehold land held as properties under development
and completed properties held for sale, they are
subsequently measured at the lower of cost and net
realisable value in acordance with the Group’s policy
for “properties under development” and “completed
properties held for sale”. When a right-of-use aset
mets the definition of investment property, it is
included in investment properties. The coresponding
right-of-use aset is initialy measured at cost, and
subsequently measured at fair value, in acordance
with the Group’s policy for “investment properties”.
(b) Lease liabilities
Lease liabilities are recognised at the comencement
date of the lease at the present value of lease
payments to be made over the lease term. The
lease payments include fixed payments (including in-
substance fixed payments) les any lease incentives
receivable, variable lease payments that depend on
an index or a rate, and amounts expected to be paid
under residual value guarantes. The lease payments
also include the exercise price of a purchase option
reasonably certain to be exercised by the Group and
payments of penalties for termination of a lease, if the
lease term reflects the Group exercising the option to
terminate the lease. The variable lease payments that
do not depend on an index or a rate are recognised
as an expense in the period in which the event or
condition that trigers the payment ocurs.
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
- （续）
租赁（续）
本集团作为承租人（续）
(b) 租赁负债（续）
在计算租赁付款的现值时，由
于无法轻易厘定租赁内隐含的
利率，本集团使用其于租赁开
始日期的增量借款利率。于开
始日期后，租赁负债的金额会
被调高以反映利息增加，并就
已支付的租赁款项作出调减。
此外，如有变更、租赁期转
变、租赁付款转变（例如因指
数或利率变动以致未来租赁付
款转变）或相关资产购买选择
权的评估转变，则租赁负债的
账面值被重新计量。
本集团的租赁负债计入计息银
行及其他借贷内。
(c) 短期租赁及低价值资产租赁
本集团对其机器及设备的短期
租赁（即租赁期由开始日期起
计为12个月或以下且不包含购
买选择权的租赁）应用短期租
赁确认豁免。本集团亦对被视
为低价值的办公室设备及手提
电脑的租赁应用低价值资产租
赁确认豁免。
短期租赁及低价值资产租赁的
租赁付款以直线法于租赁期内
确认为开支。
3. MATERIAL ACOUNTING POLICIES
(continued)
Leases (continued)
Group as a lese (continued)
(b) Lease liabilities (continued)
In calculating the present value of lease payments,
the Group uses its incremental borowing rate at the
lease comencement date because the interest rate
implicit in the lease is not readily determinable. After
the comencement date, the amount of lease liabilities
is increased to reflect the acretion of interest and
reduced for the lease payments made. In adition,
the carying amount of lease liabilities is remeasured
if there is a modification, a change in the lease term,
a change in lease payments (e.g., a change to future
lease payments resulting from a change in an index
or rate) or a change in asesment of an option to
purchase the underlying aset.
The Group’s lease liabilities are included in interest-
bearing bank and other borowings.
(c) Short-term leases and leases of low-value asets
The Group aplies the short-term lease recognition
exemption to its short-term leases of machinery and
equipment (that is those leases that have a lease
term of 12 months or les from the comencement
date and do not contain a purchase option). It also
aplies the recognition exemption for leases of low-
value asets to leases of ofice equipment and laptop
computers that are considered to be of low value.
Lease payments on short-term leases and leases of
low-value asets are recognised as an expense on a
straight-line basis over the lease term.
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
- （续）
租赁（续）
本集团作为出租人
当本集团作为出租人时，其于租赁
开始（或当作出租赁修订时）将其各
租赁分类为经营租赁或融资租赁。
本集团没有将资产拥有权伴随的绝
大部分风险及回报转移的租赁分类
为经营租赁。当合约包含租赁及非
租赁部分时，本集团按相对单独的
销售价格基准将合约的代价分配至
各部分。租赁收入按直线法于租赁
期内入账，并基于其经营性质而计
入损益表内的收入中。于进行经营
租赁协商及安排期间产生的初始直
接成本加入于租赁资产的账面值，
并按相同基准于租赁期内确认为租
金收入。或然租金于赚取的期间内
确认为收入。
相关资产的拥有权伴随的绝大部分
风险及回报转移至承租人的租赁入
账列为融资租赁。
于开始日期，租赁资产的成本乃按
租赁付款的现值及相关付款（包括初
始直接成本）拨充资本，并按相等于
租赁投资净额相同的金额呈列为一
项应收款项。有关租赁投资净额的
财务收入乃于损益表中确认，以按
租赁期提供一个固定的定期回报率。
3. MATERIAL ACOUNTING POLICIES
(continued)
Leases (continued)
Group as a lesor
When the Group acts as a lesor, it clasifies at lease
inception (or when there is a lease modification) each of its
leases as either an operating lease or a finance lease.
Leases in which the Group does not transfer substantialy
al the risks and rewards incidental to ownership of an aset
are clasified as operating leases. When a contract contains
lease and non-lease components, the Group alocates
the consideration in the contract to each component on
a relative stand-alone seling price basis. Rental income is
acounted for on a straight-line basis over the lease terms
and is included in revenue in the statement of profit or los
due to its operating nature. Initial direct costs incured in
negotiating and aranging an operating lease are aded to
the carying amount of the leased aset and recognised
over the lease term on the same basis as rental income.
Contingent rents are recognised as revenue in the period in
which they are earned.
Leases that transfer substantialy al the risks and rewards
incidental to ownership of an underlying aset to the lese
are acounted for as finance leases.
At the comencement date, the cost of the leased aset
is capitalised at the present value of the lease payments
and related payments (including the initial direct costs),
and presented as a receivable at an amount equal to the
net investment in the lease. The finance income on the net
investment in the lease is recognised in the statement of
profit or los so as to provide a constant periodic rate of
return over the lease terms.
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
- （续）
发展中物业
发展中物业拟于落成后持有等待出
售。
发展中物业按成本与可变现净值中
的较低者列账，而成本则包括土地
成本、建筑成本、借贷成本、专业
费用及于发展期内与有关物业直接
相关的其他成本。
除非发展中物业的发展项目的建筑
期预期将需超逾一个正常运营周期
方告落成，否则相关发展中物业列
为流动资产。物业于落成时转至持
作出售落成物业。
持作出售的已落成物业
持作出售的已落成物业按成本与可
变现净值中的较低者，在合并财务
状况表中确认。可变现净值由董事
根据当时市场条件估计。成本按未
售出物业应占的土地及楼宇总成本
的比例厘定。单一项持作出售的已
落成物业的成本超出可变现净额的
任何部分入账列为拨备。
3. MATERIAL ACOUNTING POLICIES
(continued)
Properties under development
Properties under development are intended to be held for
sale after completion.
Properties under development are stated at the lower of
cost and net realisable value and comprise land costs,
construction costs, borowing costs, profesional fes and
other costs directly atributable to such properties incured
during the development period.
Properties under development are clasified as curent
asets unles the construction period of the relevant
property development project is expected to complete
beyond the normal operating cycle. On completion, the
properties are transfered to completed properties held for
sale.
Completed properties held for sale
Completed properties held for sale are recognised in the
consolidated statement of financial position at the lower
of cost and net realisable value. Net realisable value is
estimated by the directors based on the prevailing market
conditions. Cost is determined by an aportionment of the
total costs of land and buildings atributable to the unsold
properties. Any exces of cost over the net realisable value
of an individual item of completed properties for sale is
acounted for as a provision.
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
- （续）
投资及其他金融资产
首次确认及计量
金融资产于初步确认时分类为其后
按摊余成本、透过其他全面收益按
公允价值列账及透过损益按公允价
值列账。
金融资产于初步确认时的分类乃取
决于金融资产的合约现金流量特
征，以及本集团管理金融资产的业
务模式。除不含重大融资部分或本
集团已应用实务简便方法不调整重
大融资部分的影响的贸易应收款项
外，本集团初步按公允价值计量金
融资产；如属并非透过损益按公允
价值列账的金融资产，则另加交易
成本。不含重大融资部分或本集团
已应用实务简便方法的贸易应收款
项乃根据下文「收入确认」所载的政
策，按根据国际财务报告准则第15
号所厘定的交易价格计量。
为使金融资产分类并按摊余成本或
透过其他全面收益公允价值列账计
量，其需要产生有关未偿还本金额
纯粹本金及利息付款（「SPI」）的现
金流量。现金流并非SPI之金融资
产分类为透过损益按公允价值列账
并按此计量，而不论业务模式。
3. MATERIAL ACOUNTING POLICIES
(continued)
Investments and other financial asets
Initial recognition and measurement
Financial asets are clasified, at initial recognition, as
subsequently measured at amortised cost, fair value through
other comprehensive income, and fair value through profit or
los.
The clasification of financial asets at initial recognition
depends on the financial aset’s contractual cash flow
characteristics and the Group’s busines model for
managing them. With the exception of trade receivables
that do not contain a significant financing component or for
which the Group has aplied the practical expedient of not
adjusting the efect of a significant financing component,
the Group initialy measures a financial aset at its fair
value plus in the case of a financial aset not at fair value
through profit or los, transaction costs. Trade receivables
that do not contain a significant financing component or for
which the Group has aplied the practical expedient are
measured at the transaction price determined under IFRS
15 in acordance with the policies set out for “Revenue
recognition” below.
In order for a financial aset to be clasified and measured
at amortised cost or fair value through other comprehensive
income, it neds to give rise to cash flows that are solely
payments of principal and interest (“SPI”) on the principal
amount outstanding. Financial asets with cash flows that
are not SPI are clasified and measured at fair value
through profit or los, irespective of the busines model.
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
- （续）
投资及其他金融资产（续）
首次确认及计量（续）
本集团管理金融资产的业务模式，
乃指其管理金融资产以产生现金流
量的方法。业务模式决定现金流量
会否源于收取合约现金流量、出售
金融资产或同时两者。按摊余成本
分类及计量的金融资产于一个目的
为持有金融资产以收取合约现金流
量的业务模式中持有，而透过其他
全面收益按公允价值分类及计量的
金融资产于一个目的同时为持有以
收取合约现金流量及出售的业务模
式中持有。并非于上述业务模式中
持有的金融资产透过损益按公允价
值分类及计量。
购入或售出须于一般由市场规例或
惯例指定的期间内交付资产的金融
资产于交易日期（即本集团承诺购入
或售出资产的日期）确认。
后续计量
不同类别金融资产的后续计量方法
如下：
按摊余成本计算的金融资产（债务工
具）
按摊余成本计算的金融资产其后采
用实际利率法计量，并可能被减
值。当有关资产被终止确认、更改
或减值时，收益及亏损在损益表中
确认。
3. MATERIAL ACOUNTING POLICIES
(continued)
Investments and other financial asets
(continued)
Initial recognition and measurement (continued)
The Group’s busines model for managing financial asets
refers to how it manages its financial asets in order to
generate cash flows. The busines model determines
whether cash flows wil result from colecting contractual
cash flows, seling the financial asets, or both. Financial
asets clasified and measured at amortised cost are
held within a busines model with the objective to hold
financial asets in order to colect contractual cash flows,
while financial asets clasified and measured at fair value
through other comprehensive income are held within a
busines model with the objective of both holding to colect
contractual cash flows and seling. Financial asets which
are not held within the aforementioned busines models are
clasified and measured at fair value through profit or los.
Purchases or sales of financial asets that require delivery of
asets within the period generaly established by regulation
or convention in the marketplace are recognised on the
trade date, that is, the date that the Group comits to
purchase or sel the aset.
Subsequent measurement
The subsequent measurement of financial asets depends
on their clasification as folows:
Financial asets at amortised cost (debt instruments)
Financial asets at amortised cost are subsequently
measured using the efective interest method and are
subject to impairment. Gains and loses are recognised
in the statement of profit or los when the aset is
derecognised, modified or impaired.
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
- （续）
投资及其他金融资产（续）
后续计量（续）
透过损益按公允价值列账的金融资
产
透过损益按公允价值列账的金融资
产按公允价值于财务状况表中列
账，而公允价值的变动净额于损益
表中确认。
此分类包括本集团并未不可撤回地
选择分类为透过其他全面收益按公
允价值列账的衍生工具及股本投
资。股本投资的股息于收款的权利
已经确立时，亦于损益表中确认为
其他收入。
嵌入于具有金融负债或非金融主体
的混合式合约的衍生工具，如经济
特征及风险并非与主体息相关，
则从主体分开并入账列为独立的衍
生工具；具有与嵌入式衍生工具相
同条款的独立工具会符合衍生工具
的定义；而该混合式合约并非透过
损益按公允价值计量。嵌入式衍生
工具按公允价值计量，而公允价值
的变动于损益表中确认。只有在合
约条款变动以致大幅更改在其他情
况下所需的现金流量，或金融资产
从透过损益按公允价值类别重新分
类时，才会进行重新评估。
嵌入于含有金融资产主体的混合式
合约内的衍生工具并不分开入账。
金融资产主体连同嵌入式衍生工具
须整体分类为透过损益按公允价值
列账的金融资产。
3. MATERIAL ACOUNTING POLICIES
(continued)
Investments and other financial asets
(continued)
Subsequent measurement (continued)
Financial asets at fair value through profit or los
Financial asets at fair value through profit or los are
caried in the statement of financial position at fair value
with net changes in fair value recognised in the statement of
profit or los.
This category includes derivative instruments and equity
investments which the Group had not irevocably elected to
clasify at fair value through other comprehensive income.
Dividends on the equity investments are also recognised
as other income in the statement of profit or los when the
right of payment has ben established.
A derivative embeded in a hybrid contract, with a
financial liability or non-financial host, is separated from
the host and acounted for as a separate derivative if the
economic characteristics and risks are not closely related
to the host; a separate instrument with the same terms
as the embeded derivative would met the definition of
a derivative; and the hybrid contract is not measured at
fair value through profit or los. Embeded derivatives are
measured at fair value with changes in fair value recognised
in the statement of profit or los. Reasesment only ocurs
if there is either a change in the terms of the contract that
significantly modifies the cash flows that would otherwise be
required or a reclasification of a financial aset out of the
fair value through profit or los category.
A derivative embeded within a hybrid contract containing
a financial aset host is not acounted for separately. The
financial aset host together with the embeded derivative is
required to be clasified in its entirety as a financial aset at
fair value through profit or los.
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
- （续）
终止确认金融资产
在以下情况下，金融资产（或（倘适
用）部分金融资产或一组同类金融资
产的一部分）将终止确认（即从本集
团的合并财务状况表中剔除）：
‧ 从资产收取现金流量的权利已
到期；或
‧ 本集团已根据「转手」安排转让
从资产收取现金流量的权利，
或已承担向第三方无重大延误
全额支付所收现金流量的责
任；及(a)本集团已转让资产的
绝大部分风险及回报，或(b)本
集团虽未转让或保留资产的绝
大部分风险及回报，但已转让
资产的控制权。
倘本集团已转让从资产收取现金流
量的权利或订立转手安排，其评估
是否已保留资产所有权的风险及回
报以及保留程度。倘并无转让或保
留资产的绝大部分风险及回报，亦
无转让资产的控制权，则本集团将
以本集团持续参与的程度继续确认
该项已转让资产。在该情况下，本
集团亦确认相关负债。已转让资产
及相关负债基于本集团所保留权利
及责任的基准计量。
以对所转让资产作担保的形式持续
参与，乃按资产原先账面值与本集
团或须偿还的代价最高金额两者的
较低者计量。
3. MATERIAL ACOUNTING POLICIES
(continued)
Derecognition of financial asets
A financial aset (or, where aplicable, a part of a financial
aset or part of a group of similar financial asets) is
primarily derecognised (i.e., removed from the Group’s
consolidated statement of financial position) when:
• the rights to receive cash flows from the aset have
expired; or
• the Group has transfered its rights to receive cash
flows from the aset or has asumed an obligation
to pay the received cash flows in ful without material
delay to a third-party under a “pas-through”
arangement; and either (a) the Group has transfered
substantialy al the risks and rewards of the aset,
or (b) the Group has neither transfered nor retained
substantialy al the risks and rewards of the aset, but
has transfered control of the aset.
When the Group has transfered its rights to receive cash
flows from an aset or has entered into a pas-through
arangement, it evaluates if, and to what extent, it has
retained the risk and rewards of ownership of the aset.
When it has neither transfered nor retained substantialy al
the risks and rewards of the aset nor transfered control of
the aset, the Group continues to recognise the transfered
aset to the extent of the Group’s continuing involvement.
In that case, the Group also recognises an asociated
liability. The transfered aset and the asociated liability are
measured on a basis that reflects the rights and obligations
that the Group has retained.
Continuing involvement that takes the form of a guarante
over the transfered aset is measured at the lower of the
original carying amount of the aset and the maximum
amount of consideration that the Group could be required to
repay.
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
- （续）
金融资产减值
本集团就所有并非透过损益按公允
价值列账持有的债务工具确认预期
信贷亏损（「预期信贷亏损」）拨备。
预期信贷亏损基于根据合约到期的
合约现金流量与本集团预期收取的
所有现金流量（按原实际利率的约数
折现）之间的差额计算。预期现金流
量将包括来自出售所持有属于合约
条款整体部分的抵押品或其他信贷
加强措施的现金流量。
一般方法
预期信贷亏损分两个阶段确认。对
于自首次确认以来信贷风险并无大
幅增加的信贷敞口而言，就因未来
12个月内可能发生的违约事件而引
致的信贷亏损（一项12个月预期信
贷亏损）计提预期信贷亏损拨备。对
于自首次确认以来信贷风险已大幅
增加的信贷敞口而言，则须就预期
于敞口余下年期内的信贷亏损计提
亏损拨备，而不论违约时间（一项存
续期预期信贷亏损）。
于各报告日期，本集团评估金融工
具的信贷风险自首次确认以来有否
大幅增加。在作出该项评估时，本
集团将金融工具于报告日期发生违
约的风险与金融工具于首次确认日
期发生违约的风险作出比较，并考
虑在毋须付出不必要成本或努力下
可得的合理及有根据资料，包括过
往及前瞻性资料。当合约付款逾期
超过30日时，本集团认为信贷风险
已大幅增加。
3. MATERIAL ACOUNTING POLICIES
(continued)
Impairment of financial asets
The Group recognises an alowance for expected credit
loses (“ECLs”) for al debt instruments not held at fair value
through profit or los. ECLs are based on the diference
betwen the contractual cash flows due in acordance with
the contract and al the cash flows that the Group expects
to receive, discounted at an aproximation of the original
efective interest rate. The expected cash flows wil include
cash flows from the sale of colateral held or other credit
enhancements that are integral to the contractual terms.
General aproach
ECLs are recognised in two stages. For credit exposures
for which there has not ben a significant increase in credit
risk since initial recognition, ECLs are provided for credit
loses that result from default events that are posible within
the next 12 months (a 12-month ECL). For those credit
exposures for which there has ben a significant increase
in credit risk since initial recognition, a los alowance is
required for credit loses expected over the remaining life
of the exposure, irespective of the timing of the default (a
lifetime ECL).
At each reporting date, the Group aseses whether
the credit risk on a financial instrument has increased
significantly since initial recognition. When making the
asesment, the Group compares the risk of a default
ocuring on the financial instrument as at the reporting
date with the risk of a default ocuring on the financial
instrument as at the date of initial recognition and considers
reasonable and suportable information that is available
without undue cost or efort, including historical and
forward-loking information. The Group considers that
there has ben a significant increase in credit risk when
contractual payments are more than 30 days past due.
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
- （续）
金融资产减值（续）
一般方法（续）
当合约付款逾期90日时，本集团会
视金融资产为违约。然而，在若干
情况下，当外部或外部资料显示本
集团不大可能于计及本集团所持有
的任何信贷加强措施前全数收取未
支付合约金额时，本集团亦可将金
融资产视为违约。
当并无收回合约现金流量的合理预
期时，金融资产便会被撇销。
除贸易应收款项乃应用简化方法（详
情见下文）外，按摊余成本计算的金
融资产须根据一般方法作出减值，
并分类为计量预期信贷亏损的以下
阶段内。
第1阶段－ 自首次确认以来信贷风
险并无大幅增加且亏损
拨备按相等于12个月预
期信贷亏损的金额计量
的金融工具
第2阶段－ 自首次确认以来信贷风
险已大幅增加但并非信
贷减值金融资产且亏损
拨备按相等于存续期预
期信贷亏损的金额计量
的金融工具
第3阶段－ 于报告日期为信贷减值
（但并非已购入或已产
生的信贷减值）且亏损
拨备按相等于存续期预
期信贷亏损的金额计量
的金融资产
3. MATERIAL ACOUNTING POLICIES
(continued)
Impairment of financial asets (continued)
General aproach (continued)
The Group considers a financial aset in default when
contractual payments are 90 days past due. However,
in certain cases, the Group may also consider a financial
aset to be in default when internal or external information
indicates that the Group is unlikely to receive the
outstanding contractual amounts in ful before taking into
acount any credit enhancements held by the Group.
A financial aset is writen of when there is no reasonable
expectation of recovering the contractual cash flows.
Financial asets at amortised cost are subject to impairment
under the general aproach and they are clasified within
the folowing stages for measurement of ECLs except for
trade receivables which aply the simplified aproach as
detailed below.
Stage 1 – Financial instruments for which credit risk has not
increased significantly since initial recognition and
for which the los alowance is measured at an
amount equal to 12-month ECLs
Stage 2 – Financial instruments for which credit risk has
increased significantly since initial recognition but
that are not credit-impaired financial asets and
for which the los alowance is measured at an
amount equal to lifetime ECLs
Stage 3 – Financial asets that are credit-impaired at the
reporting date (but that are not purchased or
originated credit-impaired) and for which the los
alowance is measured at an amount equal to
lifetime ECLs
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
- （续）
金融资产减值（续）
简化方法
就不含重大融资部分或本集团应用
实务简便方法不调整重大融资部分
的影响的贸易应收款项而言，本集
团在计算预期信贷亏损时应用简化
方法。在简化方法下，本集团不追
踪信贷风险变动，而是根据于各报
告日期的存续期预期信贷亏损确认
亏损拨备。本集团已建立一个拨备
矩阵，其建基于本集团过往的信贷
亏损经验，并就债务人及经济环境
的特定前瞻性因素作出调整。
就含有重大融资部分的贸易应收款
项而言，本集团选择采纳在以上述
政策计算预期信贷亏损时的简化方
法作为其会计政策。
金融负债
首次确认及计量
金融负债于首次确认时适当地分类
为透过损益按公允价值列账的金融
负债、贷款及借贷、贸易应付款
项，或其他应付款项及应计费用。
所有金融负债首次按公允价值确
认，贷款及借贷、应付关联公司款
项及应付款项则须扣除直接应占交
易成本。
本集团的金融负债包括贸易应付款
项、其他应付款项及应计费用、应
付关联公司款项以及计息银行及其
他借款。
3. MATERIAL ACOUNTING POLICIES
(continued)
Impairment of financial asets (continued)
Simplified aproach
For trade receivables that do not contain a significant
financing component or when the Group aplies the
practical expedient of not adjusting the efect of a significant
financing component, the Group aplies the simplified
aproach in calculating ECLs. Under the simplified
aproach, the Group does not track changes in credit risk,
but instead recognises a los alowance based on lifetime
ECLs at each reporting date. The Group has established
a provision matrix that is based on its historical credit los
experience, adjusted for forward-loking factors specific to
the debtors and the economic environment.
For trade receivables that contain a significant financing
component and lease receivables, the Group choses as
its acounting policy to adopt the simplified aproach in
calculating ECLs with policies as described above.
Financial liabilities
Initial recognition and measurement
Financial liabilities are clasified, at initial recognition, as
financial liabilities at fair value through profit or los, loans
and borowings, trade payables, or other payables and
acruals as apropriate.
Al financial liabilities are recognised initialy at fair value
and in the case of loans and borowings, amounts due to
related companies and payables, net of directly atributable
transaction costs.
The Group’s financial liabilities include trade payables, other
payables and acruals, amounts due to related companies
and interest-bearing bank and other borowings.
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
- （续）
金融负债（续）
后续计量
视乎金融负债的分类，金融负债的
后续计量方法如下：
按摊余成本计算的金融负债（贸易及
其他应付款项以及借贷）
首次确认后，贸易及其他应付款项
以及计息借贷其后以实际利率法按
摊余成本计量，倘折让影响不大，
则按成本列账。倘负债终止确认及
已透过实际利率摊销，则收入及亏
损于损益表确认。
计算摊余成本时已计及任何收购折
让或溢价，以及实际利率所包含的
费用或成本。实际利率摊销计入损
益表的财务成本。
终止确认金融负债
金融负债于负债责任解除、取消或
届满时终止确认。
倘现有金融负债被另一项由同一借
贷人提供而绝大部分条款不同的负
债所取代，或现有负债的条款大幅
修订，则有关取代或修订视作以终
止确认原有负债及确认新负债方式
处理，而相关账面值的差额会于损
益表内确认。
3. MATERIAL ACOUNTING POLICIES
(continued)
Financial liabilities (continued)
Subsequent measurement
The subsequent measurement of financial liabilities depends
on their clasification as folows:
Financial liabilities at amortised cost (trade and other
payables, and borowings)
After initial recognition, trade and other payables, and
interest-bearing borowings are subsequently measured
at amortised cost, using the efective interest rate method
unles the efect of discounting would be imaterial, in
which case they are stated at cost. Gains and loses are
recognised in the statement of profit or los when the
liabilities are derecognised as wel as through the efective
interest rate amortisation proces.
Amortised cost is calculated by taking into acount any
discount or premium on acquisition and fes or costs
that are an integral part of the efective interest rate. The
efective interest rate amortisation is included in finance
costs in the statement of profit or los.
Derecognition of financial liabilities
A financial liability is derecognised when the obligation under
the liability is discharged or canceled, or expires.
When an existing financial liability is replaced by another
from the same lender on substantialy diferent terms, or the
terms of an existing liability are substantialy modified, such
an exchange or modification is treated as a derecognition of
the original liability and a recognition of a new liability, and
the diference betwen the respective carying amounts is
recognised in the statement of profit or los.
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
- （续）
金融工具的抵销
如有现行可强制执行的法律权利抵
销已确认的金额，且拟以净额基准
结算或同时变现资产与清偿负债，
则把金融资产与金融负债互相抵
销，而净额于财务状况表内呈报。
库存股
本公司或本集团购回并持有的自有
权益工具（库存股）按成本直接在权
益中确认。购买、出售、发行或注
销本集团的自有权益工具不会在损
益表中确认收益或亏损。
生物资产
生物资产指海洋生物，乃于初始确
认及于各报告期末按其公允价值减
出售成本计量。初始按公允价值减
出售成本确认生物资产及由于生产
资产的公允价值减出售成本变动而
产生的收益或亏损，于产生的期间
计入损益中。
存货
存货按成本与可变现净值中的较低
者列账。成本按先入先出基准厘
定，而在制品及制成品则包括直接
材料、直接劳工及适当部分的间接
成本。可变现净值按估计售价减截
至竣工及出售所涉任何估计成本计
算。
3. MATERIAL ACOUNTING POLICIES
(continued)
Ofseting of financial instruments
Financial asets and financial liabilities are ofset and the
net amount is reported in the statement of financial position
if there is a curently enforceable legal right to ofset the
recognised amounts and there is an intention to setle on
a net basis, or to realise the asets and setle the liabilities
simultaneously.
Treasury shares
Own equity instruments which are reacquired and held by
the Company or the Group (treasury shares) are recognised
directly in equity at cost. No gain or los is recognised in
the statement of profit or los on the purchase, sale, isue
or cancelation of the Group’s own equity instruments.
Biological asets
Biological asets represent marine animals. They are
measured on initial recognition and at the end of each
reporting period at their fair value les costs to sel. A gain
or los arising on initial recognition of biological aset at fair
value les costs to sel and from a change in fair value les
costs to sel of a biological aset is included in profit or los
for the period in which it arises.
Inventories
Inventories are stated at the lower of cost and net realisable
value. Cost is determined on the first-in, first-out basis
and, in the case of work in progres and finished gods,
comprises direct materials, direct labour and an apropriate
proportion of overheads. Net realisable value is based on
estimated seling prices les any estimated costs to be
incured to completion and disposal.
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
- （续）
现金及现金等值物
财务状况表中的现金及现金等值物
包括所持现金与银行现金以及到期
日通常为三个月以内的短期高流通
存款，该等存款可随时转换成已知
金额现金，面临价值变动的风险并
不重大并为满足短期现金承担而持
有。
就合并现金流量表而言，现金及现
金等值物包括所持现金与银行现
金，以及如上文所定义的短期存
款，再扣除于要求时偿还且为本集
团现金管理所包含的银行透支。
拨备
倘因过往事件须承担现时责任（法定
或推定），而履行该责任可能导致未
来资源外流，且该责任所涉金额能
够可靠估计，则确认拨备。
倘本集团预计一项拨备的部分或全
部将获得补偿，则补偿金额作为单
独的资产予以确认，但仅适用于补
偿金额几乎确定时。与拨备有关的
开支于损益表中呈列，扣除任何补
偿金额。
倘折现影响重大，则确认拨备的金
额为预期履行责任所需未来开支于
报告期末的现值。折现值随时间
增加的金额计入损益表中的财务成
本内。
3. MATERIAL ACOUNTING POLICIES
(continued)
Cash and cash equivalents
Cash and cash equivalents in the statement of financial
position comprise cash on hand and at banks, and short-
term highly liquid deposits with a maturity of generaly
within thre months that are readily convertible into known
amounts of cash, subject to an insignificant risk of changes
in value and held for the purpose of meting short-term
cash comitments.
For the purpose of the consolidated statement of cash
flows, cash and cash equivalents comprise cash on hand
and at banks, and short-term deposits as defined above,
les bank overdrafts which are repayable on demand and
form an integral part of the Group’s cash management.
Provisions
A provision is recognised when a present obligation (legal or
constructive) has arisen as a result of a past event and it is
probable that a future outflow of resources wil be required
to setle the obligation, provided that a reliable estimate can
be made of the amount of the obligation.
When the Group expects some or al of a provision to be
reimbursed, the reimbursement is recognised as a separate
aset, but only when the reimbursement is virtualy certain.
The expense relating to a provision is presented in the
statement of profit or los net of any reimbursement.
When the efect of discounting is material, the amount
recognised for a provision is the present value at the end
of the reporting period of the future expenditures expected
to be required to setle the obligation. The increase in the
discounted present value amount arising from the pasage
of time is included in finance costs in the statement of profit
or los.
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
- （续）
所得税
所得税包括即期及递延税项。与在
损益表以外确认的项目有关的所得
税于损益表以外，在其他全面收益
中或直接在权益内确认。
即期税项资产及负债根据截至报告
期末已颁布或实际已颁布的税率（及
税法），并考虑到本集团经营所在国
家现行的诠释及惯例，按预计可自
税务部门收回或应付税务部门的金
额计算。
就财务报告目的而言，递延税项以
负债法就报告期末资产及负债的税
基与其账面值之间的所有暂时差额
作拨备。
除下列情况外，就所有应课税暂时
差额确认递延税项负债：
‧ 倘递延税项负债来自非业务合
并的交易中首次确认的商誉或
资产或负债，且于交易时不影
响会计利润及应课税利润或亏
损且不产生相等的应课税及可
扣税暂时差额；及
‧ 对于与投资附属公司及一间联
营公司有关的应课税暂时差
额，倘能够控制拨回暂时差额
的时间，且于可见将来可能不
会拨回暂时差额。
3. MATERIAL ACOUNTING POLICIES
(continued)
Income tax
Income tax comprises curent and defered tax. Income
tax relating to items recognised outside profit or los
is recognised outside profit or los, either in other
comprehensive income or directly in equity.
Curent tax asets and liabilities are measured at the
amount expected to be recovered from or paid to the
taxation authorities, based on tax rates (and tax laws) that
have ben enacted or substantively enacted by the end of
the reporting period, taking into consideration interpretations
and practices prevailing in the countries in which the Group
operates.
Defered tax is provided, using the liability method, on al
temporary diferences at the end of the reporting period
betwen the tax bases of asets and liabilities and their
carying amounts for financial reporting purposes.
Defered tax liabilities are recognised for al taxable
temporary diferences, except:
• when the defered tax liability arises from the initial
recognition of godwil or an aset or liability in a
transaction that is not a busines combination and,
at the time of the transaction, afects neither the
acounting profit nor taxable profit or los and does
not give rise to equal taxable and deductible temporary
diferences; and
• in respect of taxable temporary diferences asociated
with investments in subsidiaries and an asociate,
when the timing of the reversal of the temporary
diferences can be controled and it is probable that
the temporary diferences wil not reverse in the
foreseable future.
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
- （续）
所得税（续）
递延税项资产就所有可扣税暂时差
额，以及结转的未动用税项抵免及
任何未动用税项亏损而确认。递延
税项资产的确认，以有可能出现应
课税溢利以供可扣税暂时差额以及
未动用税项抵免及未动用税项亏损
的结转来抵销者为限，惟以下情况
除外：
‧ 倘递延税项资产与非业务合并
的交易中首次确认资产或负债
时产生的可扣税暂时差额有
关，且于交易时并不影响会计
利润及应课税利润或亏损且不
产生相等的应课税及可扣税暂
时差额；及
‧ 对于与投资附属公司及一间联
营公司有关的可扣税暂时差
额，递延税项资产仅于暂时差
额会在可见将来拨回且有可用
以抵销暂时差额的应课税利润
时确认。
递延税项资产的账面值于各报告期
末检讨，倘不再可能有足够应课税
利润可以运用全部或部分递延税项
资产，则相应调减。未确认的递延
税项资产于各报告期末重新评估，
如可能有足够应课税利润以收回全
部或部分递延税项资产，则确认相
关的金额。
3. MATERIAL ACOUNTING POLICIES
(continued)
Income tax (continued)
Defered tax asets are recognised for al deductible
temporary diferences, and the caryforward of unused tax
credits and any unused tax loses. Defered tax asets are
recognised to the extent that it is probable that taxable profit
wil be available against which the deductible temporary
diferences, and the caryforward of unused tax credits and
unused tax loses can be utilised, except:
• when the defered tax aset relating to the deductible
temporary diferences arises from the initial recognition
of an aset or liability in a transaction that is not
a busines combination and, at the time of the
transaction, afects neither the acounting profit nor
taxable profit or los and does not give rise to equal
taxable and deductible temporary diferences; and
• in respect of deductible temporary diferences
asociated with investments in subsidiaries and an
asociate, defered tax asets are only recognised
to the extent that it is probable that the temporary
diferences wil reverse in the foreseable future
and taxable profit wil be available against which the
temporary diferences can be utilised.
The carying amount of defered tax asets is reviewed
at the end of each reporting period and reduced to the
extent that it is no longer probable that suficient taxable
profit wil be available to alow al or part of the defered
tax aset to be utilised. Unrecognised defered tax asets
are reasesed at the end of each reporting period and are
recognised to the extent that it has become probable that
suficient taxable profit wil be available to alow al or part of
the defered tax aset to be recovered.
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
- （续）
所得税（续）
递延税项资产及负债根据于报告期
末已颁布或实际已颁布的税率（及税
法），按预期适用于变现资产或偿还
负债期间的税率计算。
倘及仅当本集团具有在法律上可强
制执行的权利，将即期税项资产与
即期税项负债抵销，且递延税项资
产及递延税项负债与同一税务机关
就同一课税实体或就有意按净额基
准结算即期税项负债及资产或同时
变现资产及清偿负债的不同实体所
征收的所得税有关，则于预期结算
或收回大额递延税项负债或资产的
各个未来期间，可将递延税项资产
与递延税项负债抵销。
政府补贴
倘能合理确定将可收取政府补贴并
符合所有附带条件，则按公允价值
确认政府补贴。倘补贴与开支项目
有关，则会在拟补贴成本支销的相
应期间内有系统地确认补贴为收益。
倘补贴与资产有关，则公允价值计
入递延收入账，并于有关资产估计
可使用年期按等额分期拨至损益
表，或自资产账面值扣除并透过减
少折旧开支的方式拨至损益表。
3. MATERIAL ACOUNTING POLICIES
(continued)
Income tax (continued)
Defered tax asets and liabilities are measured at the tax
rates that are expected to aply to the period when the
aset is realised or the liability is setled, based on tax rates
(and tax laws) that have ben enacted or substantively
enacted by the end of the reporting period.
Defered tax asets and defered tax liabilities are ofset
if and only if the Group has a legaly enforceable right to
set of curent tax asets and curent tax liabilities and the
defered tax asets and defered tax liabilities relate to
income taxes levied by the same taxation authority on either
the same taxable entity or diferent taxable entities which
intend either to setle curent tax liabilities and asets on a
net basis, or to realise the asets and setle the liabilities
simultaneously, in each future period in which significant
amounts of defered tax liabilities or asets are expected to
be setled or recovered.
Government grants
Government grants are recognised at their fair value where
there is reasonable asurance that the grant wil be received
and al ataching conditions wil be complied with. When the
grant relates to an expense item, it is recognised as income
on a systematic basis over the periods that the costs, for
which it is intended to compensate, are expensed.
Where the grant relates to an aset, the fair value is credited
to a defered income acount and is released to the
statement of profit or los over the expected useful life of
the relevant aset by equal anual instalments or deducted
from the carying amount of the aset and released to the
statement of profit or los by way of a reduced depreciation
charge.
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
- （续）
收入确认
来自客户合约的收入
来自客户合约的收入于货品或服务
的控制权转移至客户时，按反映本
集团预期于该等货品或服务交易中
有权收取的代价的金额确认。
当合约中的代价有可变金额时，会
估计本集团就向客户转移货品或服
务交易中将有权收取的代价金额。
可变代价于订立合约时估计并以此
为限，直至与可变代价相关的不确
定性其后获解决时，已确认的累计
收入金额相当可能不会发生重大收
入拨回为止。
当合约含有融资部分，就转移货品
或服务予客户而向客户提供超过一
年的重大融资利益时，收入按应收
款项的现值（采用会反映于本集团与
该客户之间的独立融资交易中于订
立合约的折现率折现）计量。当合约
含有融资部分，向本集团提供超过
一年的重大融资利益时，根据合约
确认的收入包括根据实际利率法就
合约负债累计的利息开支。就客户
付款至转移已承诺货品或服务期间
为一年或以下的合约而言，交易价
格并不就重大融资部分的影响采用
国际财务报告准则第15号的实务简
便方法予以调整。
3. MATERIAL ACOUNTING POLICIES
(continued)
Revenue recognition
Revenue from contracts with customers
Revenue from contracts with customers is recognised when
control of gods or services is transfered to the customers
at an amount that reflects the consideration to which the
Group expects to be entitled in exchange for those gods or
services.
When the consideration in a contract includes a variable
amount, the amount of consideration is estimated to which
the Group wil be entitled in exchange for transfering
the gods or services to the customer. The variable
consideration is estimated at contract inception and
constrained until it is highly probable that a significant
revenue reversal in the amount of cumulative revenue
recognised wil not ocur when the asociated uncertainty
with the variable consideration is subsequently resolved.
When the contract contains a financing component which
provides the customer with a significant benefit of financing
the transfer of gods or services to the customer for more
than one year, revenue is measured at the present value of
the amount receivable, discounted using the discount rate
that would be reflected in a separate financing transaction
betwen the Group and the customer at contract inception.
When the contract contains a financing component which
provides the Group with a significant financial benefit for
more than one year, revenue recognised under the contract
includes the interest expense acreted on the contract
liability under the efective interest method. For a contract
where the period betwen the payment by the customer and
the transfer of the promised gods or services is one year
or les, the transaction price is not adjusted for the efects
of a significant financing component, using the practical
expedient in IFRS 15.
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
- （续）
收入确认（续）
来自客户合约的收入（续）
(a) 货品销售
来自销售货品的收入于资产的
控制权转移至客户（一般于交
付货品时）的时间点确认。
(b) 门票销售
门票销售为销售门票及向游客
提供园内服务。收入于提供有
关服务及客户同时获得并耗用
本集团所提供的利益时确认。
3. MATERIAL ACOUNTING POLICIES
(continued)
Revenue recognition (continued)
Revenue from contracts with customers (continued)
(a) Sale of gods
Revenue from the sale of gods is recognised at the
point in time when control of the aset is transfered to
the customer, generaly on delivery of the gods.
(b) Ticket sales
Ticket sales are sales of tickets and rendering of
services in park for tourists. The revenue is recognised
when the relevant services are rendered and the
customer simultaneously receives and consumes the
benefits provided by the Group.
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
- （续）
收入确认（续）
来自客户合约的收入（续）
(c) 提供咨询、管理及游乐收入
来自提供设计服务的收入于服
务完成的时点确认。来自提供
其他咨询、管理及游乐服务的
收入以直接法于预定期间内确
认，原因是客户同时获得并耗
用本集团所提供的利益。
(d) 提供园内游乐
来自酒店营运的收入于提供有
关服务及客户同时获得并耗用
本集团所提供的利益时确认。
(e) 酒店营运
来自酒店营运的收入于提供有
关服务及客户同时获得并耗用
本集团所提供的利益时确认。
3. MATERIAL ACOUNTING POLICIES
(continued)
Revenue recognition (continued)
Revenue from contracts with customers (continued)
(c) Provision of consultancy, management and recreation
services
Revenue from the provision of design services is
recognised at the point in time when the service
is completed. Revenue from the provision of other
consultancy, management and recreation services is
recognised over the scheduled period on a straight-line
basis because the customer simultaneously receives
and consumes the benefits provided by the Group.
(d) Provision of in-park recreation
Revenue from the provision of in-park recreation is
recognised when the relevant services are rendered
and the customer simultaneously receives and
consumes the benefits provided by the Group.
(e) Hotel operation
Revenue from hotel operation is recognised when
the relevant services are rendered and the customer
simultaneously receives and consumes the benefits
provided by the Group.
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
- （续）
收入确认（续）
来自其他来源的收入
租金收入于租赁期内按时间比例基
准确认。并非视乎指数或利率而定
的可变租赁付款于产生的会计期间
内确认为收入。
其他收入
利息收入按应计基准使用实际利率
法采用于金融工具预计年期或较短
期间（如适当）内将其估计未来现金
收入准确折现至金融资产账面净值
的折现率确认。
当收取付款的股东权利确立时，与
股息有关的经济利益很可能将流入
本集团且股息的金额能够可靠计
量，则确认股息收入。
合约负债
当本集团转移相关货品或服务前收
取客户付款或客户付款到期（以较早
发生者为准）时，本集团便确认合约
负债。当本集团根据合约履约（即向
客户转移相关货品或服务的控制权）
时，合约负债确认为收入。
3. MATERIAL ACOUNTING POLICIES
(continued)
Revenue recognition (continued)
Revenue from other sources
Rental income is recognised on a time proportion basis
over the lease terms. Variable lease payments that do not
depend on an index or a rate are recognised as income in
the acounting period in which they are incured.
Other income
Interest income is recognised on an acrual basis using the
efective interest method by aplying the rate that exactly
discounts the estimated future cash receipts over the
expected life of the financial instrument or a shorter period,
when apropriate, to the net carying amount of the financial
aset.
Dividend income is recognised when the shareholders’ right
to receive payment has ben established, it is probable
that the economic benefits asociated with the dividend wil
flow to the Group and the amount of the dividend can be
measured reliably.
Contract liabilities
A contract liability is recognised when a payment is received
or a payment is due (whichever is earlier) from a customer
before the Group transfers the related gods or services.
Contract liabilities are recognised as revenue when the
Group performs under the contract (i.e., transfers control of
the related gods or services to the customer).
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
- （续）
合约成本
除资本化为存货、物业、厂房及设
备及无形资产的成本外，倘符合以
下所有条件，则为履行客户合约而
产生的成本资本化为资产：
(a) 成本与合约或实体可明确识别
的预计合约直接有关。
(b) 成本产生或提升实体将于日后
用以满足（或持续满足）履约责
任的资源。
(c) 预期成本可以收回。
资本化合约成本按与向客户转移资
产相关商品或服务一致的基准有系
统地摊销及自损益表扣除。其他合
约成本于产生时支销。
其他雇员福利
退休金计划
本集团根据强制性公积金计划条例
为其于香港的所有雇员运作一项界
定供款强制性公积金退休福利计划
（「强积金计划」）。供款乃根据雇员
基本薪金的某个百分比作出，并根
据强积金计划的规则于应付时从损
益表扣除。强积金计划的资产与本
集团资产分开，在独立管理的基金
中持有。当向强积金计划供款时，
本集团的雇主供款全数归属予雇员。
3. MATERIAL ACOUNTING POLICIES
(continued)
Contract costs
Other than the costs which are capitalised as inventories,
property, plant and equipment and intangible asets, costs
incured to fulfil a contract with a customer are capitalised
as an aset if al of the folowing criteria are met:
(a) The costs relate directly to a contract or to an
anticipated contract that the entity can specificaly
identify.
(b) The costs generate or enhance resources of the entity
that wil be used in satisfying (or in continuing to
satisfy) performance obligations in the future.
(c) The costs are expected to be recovered.
The capitalised contract costs are amortised and charged to
the statement of profit or los on a systematic basis that is
consistent with the transfer to the customer of the gods or
services to which the aset relates. Other contract costs are
expensed as incured.
Other employe benefits
Pension schemes
The Group operates a defined contribution Mandatory
Provident Fund retirement benefit scheme (the “MPF
Scheme”) under the Mandatory Provident Fund Schemes
Ordinance for al of its employes in Hong Kong.
Contributions are made based on a percentage of the
employes’ basic salaries and are charged to the statement
of profit or los as they become payable in acordance
with the rules of the MPF Scheme. The asets of the MPF
Scheme are held separately from those of the Group in an
independently administered fund. The Group’s employer
contributions vest fuly with the employes when contributed
into the MPF Scheme.
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
- （续）
其他雇员福利（续）
退休金计划（续）
于中国内地经营的本集团附属公司
的雇员须参与由地方市政府运营的
中央退休金计划。该等附属公司须
向中央退休金计划作出其雇员薪资
若干百分比的供款。供款于按照中
央退休金计划的规则到期支付时，
自损益表中扣除。
借贷成本
收购、建设或生产合格资产（即需要
一段较长时间方可达致拟定用途或
出售的资产）直接应占的借贷成本会
拨充资本，作为该等资产的部分成
本。当资产已大致可作拟定用途或
出售时，则不会再将该等借贷成本
拨充资本。所有其他借贷成本于产
生期间列作支销。借贷成本由利息
及实体就借款所产生的其他成本所
组成。
3. MATERIAL ACOUNTING POLICIES
(continued)
Other employe benefits (continued)
Pension schemes (continued)
The employes of the Group’s subsidiaries which operate
in Chinese Mainland are required to participate in a
central pension scheme operated by the local municipal
government. These subsidiaries are required to contribute
certain percentages of the salaries of their employes to the
central pension scheme. The contributions are charged to
the statement of profit or los as they become payable in
acordance with the rules of the central pension scheme.
Borowing costs
Borowing costs directly atributable to the acquisition,
construction or production of qualifying asets, i.e., asets
that necesarily take a substantial period of time to get
ready for their intended use or sale, are capitalised as
part of the cost of those asets. The capitalisation of such
borowing costs ceases when the asets are substantialy
ready for their intended use or sale. Al other borowing
costs are expensed in the period in which they are incured.
Borowing costs consist of interest and other costs that an
entity incurs in conection with the borowing of funds.
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
- （续）
外币
此等财务报表乃以人民币（「人民
币」）呈列。本公司的功能货币为美
元（「美元」）。由于本集团主要在中
国内地经营业务，故本集团的呈列
货币为人民币。本集团旗下各实体
自行决定功能货币，而各实体的财
务报表项目均以各自的功能货币计
量。本集团旗下实体的外币交易首
先以相关功能货币按交易日通行的
汇率列账。以外币计值的货币资产
及负债按功能货币于报告期末的汇
率进行换算。因结算或换算货币项
目所产生的差额在损益表内确认。
以外币按历史成本计算的非货币项
目以首次交易日的汇率换算，以外
币按公允价值计量的非货币项目以
计量公允价值当日的汇率换算。换
算非货币项目所产生之收益或亏损
与确认该项目公允价值变动的盈亏
的处理方法一致（换言之，于其他全
面收益或损益确认公允价值盈亏的
项目的汇兑差额，亦分别于其他全
面收益或损益确认）。
3. MATERIAL ACOUNTING POLICIES
(continued)
Foreign curencies
These financial statements are presented in Renminbi
(“RMB”). The Company’s functional curency is United
States dolars (“USD”). The Group’s presentation curency
is RMB because the Group’s principal operations are
caried out in Chinese Mainland. Each entity in the Group
determines its own functional curency and items included
in the financial statements of each entity are measured
using that functional curency. Foreign curency transactions
recorded by the entities in the Group are initialy recorded
using their respective functional curency rates prevailing
at the dates of the transactions. Monetary asets and
liabilities denominated in foreign curencies are translated at
the functional curency rates of exchange ruling at the end
of the reporting period. Diferences arising on setlement
or translation of monetary items are recognised in the
statement of profit or los.
Non-monetary items that are measured in terms of historical
cost in a foreign curency are translated using the exchange
rates at the dates of the initial transactions. Non-monetary
items measured at fair value in a foreign curency are
translated using the exchange rates at the date when
the fair value was measured. The gain or los arising on
translation of a non-monetary item measured at fair value
is treated in line with the recognition of the gain or los on
change in fair value of the item (i.e., translation diference on
the item whose fair value gain or los is recognised in other
comprehensive income or profit or los is also recognised in
other comprehensive income or profit or los, respectively).
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
- （续）
外币（续）
于因终止确认与预付代价有关的非
货币资产或非货币负债而厘定相关
资产、开支或收入于首次确认的汇
率时，首次交易日期为本集团首次
确认由于预付代价而产生的非货币
资产或非货币负债的日期。倘多次
预付或预收款项，本集团会就每次
支付或收取预付代价厘定交易日期。
若干附属公司的功能货币并非人民
币。于报告期末，该等实体的资产
及负债按报告期末通行的汇率换算
为人民币，而彼等的损益表按交易
当日通行者相若的汇率换算为人民
币。
所产生的汇兑差额于其他全面收益
确认，并在汇兑波动储备中累计，
惟非控股权益应占差额则除外。于
出售海外业务时，于与该特定海外
业务有关的储备中的累计金额于损
益表内确认。
就合并现金流量表而言，若干附属
公司的现金流量按产生现金流量当
日的汇率换算为人民币。若干附属
公司于整个年度的持续现金流量则
按年内加权平均汇率换算为人民币。
3. MATERIAL ACOUNTING POLICIES
(continued)
Foreign curencies (continued)
In determining the exchange rate on initial recognition of
the related aset, expense or income on the derecognition
of a non-monetary aset or non-monetary liability relating
to an advance consideration, the date of initial transaction
is the date on which the Group initialy recognises the non-
monetary aset or non-monetary liability arising from the
advance consideration. If there are multiple payments or
receipts in advance, the Group determines the transaction
date for each payment or receipt of the advance
consideration.
The functional curencies of certain subsidiaries are
curencies other than RMB. As at the end of the reporting
period, the asets and liabilities of these entities are
translated into RMB at the exchange rates prevailing at the
end of the reporting period and their statements of profit
or los are translated into RMB at the exchange rates
that aproximate to those prevailing at the dates of the
transactions.
The resulting exchange diferences are recognised in other
comprehensive income and acumulated in the exchange
fluctuation reserve, except to the extent that the diferences
are atributable to non-controling interests. On disposal of
a foreign operation, the cumulative amount in the reserve
relating to that particular foreign operation is recognised in
the statement of profit or los.
For the purpose of the consolidated statement of cash
flows, the cash flows of certain subsidiaries are translated
into RMB at the exchange rates ruling at the dates of the
cash flows. Frequently recuring cash flows of certain
subsidiaries which arise throughout the year are translated
into RMB at the weighted average exchange rates for the
year.
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
4. CRITICAL ACOUNTING JUDGEMENTS
AND KEY SOURCES OF ESTIMATION
UNCERTAINTY
In the aplication of the Group’s acounting policies,
which are described in Note 3, management is required to
make judgements, estimates and asumptions about the
carying amounts of asets and liabilities that are not readily
aparent from other sources. The estimates and underlying
asumptions are based on historical experience and other
factors that are considered to be relevant. Actual results
may difer from these estimates.
The estimates and underlying asumptions are reviewed on
an ongoing basis. Revisions to acounting estimates are
recognised in the period in which the estimate is revised
if the revision afects only that period or in the period of
the revision and future periods if the revision afects both
curent and future periods.
The folowing are the critical judgements, apart from those
involving estimations, that the directors have made in the
proces of aplying the entity’s acounting policies and that
have the most significant efect on the amounts recognised
in the consolidated financial statements.
Fair value measurement of financial instruments
As at 31 December 2024, certain of the Group’s unquoted
equity instruments, amounting to RMB110,282,000 (2023:
RMB146,429,000) are measured at fair value with fair value
being determined based on significant unobservable inputs
using valuation techniques. Judgement and estimation are
required in establishing the relevant valuation techniques
and the relevant inputs thereof. Changes in asumptions
relating to these factors could result in material adjustments
to the fair value of these instruments. Se Note 38 for
further disclosures.
4. 重大会计判断及估计不确
定因素的主要来源
于应用本集团会计政策（附注3所
述）时，管理层须就不可透过其他资
料来源而轻易取得的资产及负债账
面值作出判断、估计及假设。该等
估计及相关假设乃根据过往经验及
其他被视为相关的因素作出。实际
结果可能有别于该等估计。
将会持续对该等估计及相关假设作
出检讨。倘会计估计的修订仅对作
出修订的期间产生影响，则有关修
订只会在该期间内确认；倘会计估
计的修订对现时及未来期间均产生
影响，则会在作出该修订期间及未
来期间内确认。
除涉及估计的判断外，以下为董事
于应用实体会计政策过程中作出且
对合并财务报表内确认的金额产生
最重大影响的判断。
金融工具的公允价值计量
于2024年12月31日，本集团金
额为人民币110,282,000元（2023
年：人民币146,429,000元）的若
干无公开报价权益工具乃按公允价
值计量，而其公允价值乃使用估值
技术根据重大不可观察输入数据厘
定。确定相关估值技术及其相关输
入数据时需要作出判断及估计。有
关该等因素的假设的变动会导致该
等工具的公允价值出现重大调整。
有关进一步披露，请参阅附注38。
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
4. 重大会计判断及估计不确
定因素的主要来源（续）
投资物业的公允价值
投资物业乃根据估值师进行的估值
按公允价值列账。公允价值的厘定
涉及对若干市况的假设。厘定公允
价值时，估值师以涉及若干不可观
察输入数据，包括（其中包括）附注
13所载估值所用的每月市场租金、
租约期限的回报率及市场收益率的
估值法为基准计算。
于依赖估值报告时，本公司董事已
自行作出判断，并信纳估值所用假
设能反映现时市况。该等假设的变
动会改变本集团投资物业的公允价
值，并须对合并损益及其他全面收
益表所报损益金额作出相应调整。
有关本集团投资物业账面值的详情
于附注13披露。
4. CRITICAL ACOUNTING JUDGEMENTS
AND KEY SOURCES OF ESTIMATION
UNCERTAINTY (Continued)
Fair values of investment properties
Investment properties are stated at fair value based on the
valuation performed by the valuer. The determination of the
fair value involves certain asumptions of market conditions.
In determining the fair values, the valuer have based on a
method of valuation which involves certain unobservable
inputs including, among other factors, monthly market rent,
term yield rate and market yield used in the valuations as
set out in Note 13.
In relying on the valuation report, the directors of the
Company have exercised their judgements and are satisfied
that the asumptions used in the valuation are reflective
of the curent market conditions. Changes to these
asumptions would result in changes in the fair values of
the Group’s investment properties and the coresponding
adjustments to the amount of gain or los reported in
the consolidated statement of profit or los and other
comprehensive income.
Detail of the carying amount of the Group’s investment
properties is disclosed in Note 13.
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
4. 重大会计判断及估计不确
定因素的主要来源（续）
物业、厂房及设备、使用权
资产、无形资产以及长期预
付款项、其他应收款项及按
金的估计减值
物业、厂房及设备、使用权资产、
无形资产以及长期预付款项、其他
应收款项及按金按成本减累计折旧
及减值（如有）列账。厘定资产是否
出现减值时，本集团不得不行使判
断并作出估计，尤其是评估：(1)是
否发生事件或存在任何迹象可能影
响资产价值；(2)资产的账面值是否
能通过可收回金额加以证明（倘为使
用价值，则通过根据资产的持续使
用估计得出的未来现金流量净现值
加以证明）；及(3)估计可收回金额
时将应用的适当关键假设（包括现金
流量预测及适当的折现率）。倘无法
估计一项单独资产的可收回金额，
则本集团估计该资产所属现金产生
单位的可收回金额，包括于可建立
合理一致的分配基准时分配公司资
产，否则可收回金额按已分配相关
公司资产的现金产生单位最小组别
厘定。假设及估计（包括折现率或现
金流量预测的增长率）的更改会对可
收回金额产生重大影响。
4. CRITICAL ACOUNTING JUDGEMENTS
AND KEY SOURCES OF ESTIMATION
UNCERTAINTY (Continued)
Estimated impairment of property, plant and
equipment, right-of-use asets, intangible aset
and long-term prepayment, other receivables
and deposits
Property, plant and equipment, right-of-use asets intangible
aset and long-term prepayment, other receivables and
deposits are stated at costs les acumulated depreciation
and impairment, if any. In determining whether an aset is
impaired, the Group has to exercise judgement and make
estimation, particularly in asesing: (1) whether an event
has ocured or any indicators that may afect the aset
value; (2) whether the carying value of an aset can be
suported by the recoverable amount, in the case of value
in use, the net present value of future cash flows which
are estimated based upon the continued use of the aset;
and (3) the apropriate key asumptions to be aplied in
estimating the recoverable amounts including cash flow
projections and an apropriate discount rate. When it is not
posible to estimate the recoverable amount of an individual
aset, the Group estimates the recoverable amount of the
cash generating unit to which the asets belongs, including
alocation of corporate asets when a reasonable and
consistent basis of alocation can be established, otherwise
recoverable amount is determined at the smalest group
of cash generating units, for which the relevant corporate
asets have ben alocated. Changing the asumptions
and estimates, including the discount rates or the growth
rate in the cash flow projections, could materialy afect the
recoverable amounts.
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
4. 重大会计判断及估计不确
定因素的主要来源（续）
物业、厂房及设备、使用权
资产、无形资产以及长期预
付款项、其他应收款项及按
金的估计减值（续）
于2024年12月31日，须进行减值
评估的物业、厂房及设备、使用
权资产、无形资产以及长期预付
款项、其他应收款项及按金的账
面值分别为人民币6,237,390,000
元、人民币1,592,207,000元、
人民币21,030,000元及人民
币872,331,000元（2023年：
人民币6,523,087,000元、人
民币1,484,515,000元、人
民币22,140,000元及人民币
146,630,000元），当中计及已于截
至2024年12月31日止年度确认的
物业、厂房及设备减值亏损人民币
190,361,000元。有关物业、厂房
及设备减值的详情披露于附注12。
4. CRITICAL ACOUNTING JUDGEMENTS
AND KEY SOURCES OF ESTIMATION
UNCERTAINTY (Continued)
Estimated impairment of property, plant and
equipment, right-of-use asets, intangible aset
and long-term prepayment, other receivables
and deposits (Continued)
As at 31 December 2024, the carying amounts of property,
plant and equipment, right-of-use asets, intangible aset
and long-term prepayments, other receivables and deposits
subject to impairment asesment were RMB6,237,390,000,
RMB1,592,207,000, RMB21,030,000 and RMB872,331,000
(2023: RMB6,523,087,000, RMB1,484,515,000,
RMB22,140,000 and RMB146,630,000) respectively, after
taking into acount the impairment loses of property, plant
and equipment of amount RMB190,361,000 that have ben
recognised during the year ended 31 December 2024.
Details of the impairment of property, plant and equipment
are disclosed in Note 12.
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
4. 重大会计判断及估计不确
定因素的主要来源（续）
贸易应收款项的预期信贷亏
损拨备
有大量结余且出现信贷减值的贸易
应收款项单独评估预期信贷亏损。
此外，本集团使用实务简便方法估
计并非使用拨备矩阵进行单独评估
的贸易应收款项的预期信贷亏损。
拨备率乃基于按不同应收款项组别
划分的应收款项账龄，当中计及本
集团的历史违约率以及无须付出过
多成本或努力即可获得的合理及有
证据支持的前瞻性资料。于每个报
告日期，重新评估观察到的历史违
约率并考虑前瞻性资料的变更。
有关预期信贷亏损以及本集团的贸
易应收款项的资料披露于附注39。
其他应收款项及按金的预期
信贷亏损拨备
其他应收款项及按金的预期信贷亏
损拨备乃基于有关违约风险及预期
亏损率的假设。于各报告期间末，
本集团在作出该等假设及选择减值
计算输入数据时，基于本集团的过
往历史、现行市况及前瞻性估计运
用判断。
有关预期信贷亏损评估的资料披露
于附注39。
4. CRITICAL ACOUNTING JUDGEMENTS
AND KEY SOURCES OF ESTIMATION
UNCERTAINTY (Continued)
Provision of expected credit los for trade
receivables
Trade receivables with significant balances and credit-
impaired are asesed for expected credit los individualy.
In adition, the Group uses practical expedient in estimating
expected credit los on trade receivables which are not
asesed individualy using a provision matrix. The provision
rates are based on aging of debtors as groupings of various
debtors taking into consideration the Group’s historical
default rates and forward-loking information that is
reasonable and suportable available without undue costs
or efort. At every reporting date, the historical observed
default rates are reasesed and changes in the forward-
loking information are considered.
The information about the expected credit los and the
Group’s trade receivables are disclosed in Note 39.
Provision of expected credit los for other
receivables and deposits
The provision of expected credit los for other receivables
and deposits are based on asumption about risk of default
and expected los rates. The Group use judgment in
making these asumptions and selecting the inputs to the
impairment calculation, based on the Group’s past history,
existing market conditions as wel as forward-loking
estimates at the end of each reporting period.
The information about the ECL asesment is disclosed in
Note 39.
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
5. OPERATING SEGMENT INFORMATION
For management purposes, the Group is organised to
busines units based on their products and services and
has thre reportable operating segments as folows:
(a) the park operation segment engages in the
development, construction and operation of theme
parks, development of comercial and rental
properties surounding the theme parks, management
of the Group’s developed and operating properties
for rental income, hotel operation and the provision of
services to visitors;
(b) the property development segment engages in
property development, construction and sales; and
(c) the operation as a service segment engages in the
provision of consultancy, management and recreation
services such as the provision of technical suport
service relating to an aquarium and the operation of a
smal size playground.
5. 经营分部资料
就管理目的而言，本集团按产品及
服务分为不同的业务单位，本集团
的三个可报告经营分部载列如下：
(a) 公园营运分部，从事开发、建
设及营运主题公园、开发主题
公园周边的商用及租赁物业、
管理本集团用于赚取租金收入
的已发展及营运中物业、酒店
营运及向宾客提供服务；
(b) 物业发展分部，从事物业发
展、建筑及销售；及
(c) 运营即服务分部，从事提供咨
询、管理及游乐服务，例如提
供与水族馆及经营小型游乐场
有关的技术支持服务。
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
5. OPERATING SEGMENT INFORMATION
(continued)
Management monitors the results of the Group’s operating
segments separately for the purpose of making decisions
about resource alocation and performance asesment.
Segment performance is evaluated based on reportable
segment profit, which is a measure of adjusted profit/los
before tax.
Segment asets exclude intangible asets, financial asets
at fair value through profit or los, trade receivables,
prepayments and other receivables, defered tax asets,
pledged deposits and cash and cash equivalents as these
asets are managed on a group basis.
Segment liabilities included mainly contract liabilities and
lease liabilities.
No geographical information is presented as over 99% of the
Group’s revenue from external customers is derived from its
operation in Chinese Mainland and over 99% of the Group’s
non-curent asets are located in Chinese Mainland.
- （续）
管理层单独监察本集团各经营分部
的业绩，以作出资源分配决定和评
估业绩的决策。分部业绩基于可报
告分部的溢利评估，以计量经调整
除税前溢利╱亏损。
分部资产不包括无形资产、透过损
益按公允价值列账的金融资产、贸
易应收款项、预付款项及其他应收
款项、递延税项资产、已抵押存款
及现金及现金等值物，因为此等资
产按集体基准管理。
分部负债主要包括合约负债及租赁
负债。
由于本集团超过99%来自外部客户
的收入来自其在中国内地的业务，
而本集团超过99%的非流动资产位
于中国内地，故并无呈列地区资料。
| 1,685,242 | 133,116 | – | 1,818,358 |
|---|---|---|---|
| 1,818,358 | |||
| 359,211 | 59,754 | – | 418,965 |
| 103,829 | |||
| (937,216) | |||
| (346,497) | |||
| (760,919) | |||
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
5. OPERATING SEGMENT INFORMATION
(continued)
Operating segments
Year ended 31 December 2024
Park
operation
Operation
as a service
Property
operationsTotal
公园营运营即服务物业营运总计
RMB’000RMB’000RMB’000RMB’000
人民币千元人民币千元人民币千元人民币千元
Segment revenue (note 6)分部收入（附注6）
Sales to external customers
and total revenue
销售予外部客户及总收入
Total segment revenue分部收入总额
Segment results分部业绩
Reconciliation:对账：
Unalocated income and gains未分配收入及收益
Unalocated expenses未分配开支
Finance costs财务成本
Los before tax除税前亏损
- （续）
经营分部
截至2024年12月31日止年度
| 9,383,000 | 164,763 | 299,996 | 9,847,759 |
|---|---|---|---|
| 491,794 | |||
| 10,339,553 | |||
| 277,775 | 228,223 | – | 505,998 |
| 8,018,255 | |||
| 8,524,253 | |||
| 5,078 | |||
| 368,412 | 16,977 | – | 385,389 |
| 3,968 | |||
| 407,667 | 53,562 | – | 461,229 |
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
Park
operation
Operation
as a service
Property
operationsTotal
公园营运营即服务物业营运总计
RMB’000RMB’000RMB’000RMB’000
人民币千元人民币千元人民币千元人民币千元
Segment asets分部资产
Reconciliation:对账：
Corporate and other
unalocated asets
公司及其他未分配资产
Total asets总资产
Segment liabilities分部负债
Reconciliation:对账：
Corporate and other
unalocated liabilities
公司及其他未分配负债
Total liabilities总负债
Other segment information其他分部资料
Depreciation and amortisation折旧及摊销
Unalocated 未分配
Segment 分部
Capital expenditure资本开支
Unalocated 未分配
Segment 分部
5. OPERATING SEGMENT INFORMATION
(continued)
Operating segments (continued)
Year ended 31 December 2024 (continued)
- （续）
经营分部（续）
截至2024年12月31日止年度（续）
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
5. OPERATING SEGMENT INFORMATION
(continued)
Operating segments (continued)
Year ended 31 December 2023
Park
operation
Operation
as a service
Property
operationsTotal
公园营运营即服务物业营运总计
RMB’000RMB’000RMB’000RMB’000
人民币千元人民币千元人民币千元人民币千元
Segment revenue (note 6)分部收入（附注6）
Sales to external customers
and total revenue
销售予外部客户及总收入
1,687,376129,466–1,816,842
Total segment revenue分部收入总额1,816,842
Segment results分部业绩444,09613,359–457,455
Reconciliation:对账：
Unalocated income and gains未分配收入及收益306,497
Unalocated expenses未分配开支(627,476)
Finance costs财务成本(322,580)
Los before tax除税前亏损(186,104)
- （续）
经营分部（续）
截至2023年12月31日止年度
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
Park
operation
Operation
as a service
Property
operationsTotal
公园营运营即服务物业营运总计
RMB’000RMB’000RMB’000RMB’000
人民币千元人民币千元人民币千元人民币千元
Segment asets分部资产8,710,123222,061322,3479,254,531
Reconciliation:对账：
Corporate and other
unalocated asets
公司及其他未分配资产
2,268,213
Total asets总资产11,522,744
Segment liabilities分部负债226,687171,481398,168
Reconciliation:对账：
Corporate and other
unalocated liabilities
公司及其他未分配负债
8,606,214
Total liabilities总负债9,004,382
Other segment information其他分部资料
Reversal of impairment loses
recognised in the statement
of profit or los, net
于损益表确认的
减值亏损拨回净额
(8,722)–(8,722)
Depreciation and amortisation折旧及摊销
Unalocated 未分配8,288
Segment 分部361,15935,798–396,957
Capital expenditure资本开支
Unalocated 未分配18,745
Segment 分部1,245,98452,709–1,298,693
- , plant
and equipment, investment properties, intangible asets,
right-of-use asets and long-term prepayments.
- （续）
经营分部（续）
截至2023年12月31日止年度（续）
5. OPERATING SEGMENT INFORMATION
(continued)
Operating segments (continued)
Year ended 31 December 2023 (continued)
- 、厂房及设备、投
资物业、无形资产、使用权资产及长期预
付款项。
| 1,785,178 |
|---|
| 654 |
| 32,526 |
| 33,180 |
| 1,818,358 |
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
5. OPERATING SEGMENT INFORMATION
(continued)
Information about major customers
No information about major customers is presented as
no single customer from whom over 10% of the Group’s
revenue was derived for the year ended 31 December 2024.
6. REVENUE, OTHER INCOME AND GAINS
An analysis of revenue is as folows:
2024年2023年
NoteRMB’000RMB’000
附注人民币千元人民币千元
Revenue from contracts with customers来自客户合约的收入1,791,557
Revenue from other sources 来自其他来源的收入
Gros rental income from investment
property operating leases:
来自投资物业经营租赁的
租金收入总额：7
Variable lease payments that do not
depend on an index or a rate
并非视乎指数或利率
而定的可变租赁付款594
Other lease payments,
including fixed payments
其他租赁付款，
包括固定付款24,691
Subtotal小计25,285
Total总计1,816,842
- （续）
关于主要客户的资料
并无呈列有关主要客户的资料，原
因为并无单一客户于截至2024年
12月31日止年度占本集团收入超过
10%。
- 、其他收入及收益
收入分析如下：
| 895,153 | – | 895,153 |
|---|---|---|
| 244,358 | – | 244,358 |
| 131,981 | – | 131,981 |
| 194,984 | – | 194,984 |
| 185,586 | – | 185,586 |
| – | 133,116 | 133,116 |
| 1,652,062 | 133,116 | 1,785,178 |
| 1,652,062 | 133,116 | 1,785,178 |
| 374,000 | – | 374,000 |
| 1,278,062 | 133,116 | 1,411,178 |
| 1,652,062 | 133,116 | 1,785,178 |
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
- 、其他收入及收益
（续）
来自客户合约的收入
(i) 经分解的收入资料
截至2024年12月31日止年度
6. REVENUE, OTHER INCOME AND GAINS
(continued)
Revenue from contracts with customers
(i) Disagregated revenue information
For the year ended 31 December 2024
Segments
Park
operation
Operation
as a serviceTotal
分部公园营运营即服务总计
RMB’000RMB’000RMB’000
人民币千元人民币千元人民币千元
Types of gods or services货品或服务种类
Tickets sales门票销售
Fod and beverage sales食品及饮品销售
Sale of merchandise货品销售
In-park recreation income园内游乐收费收入
Income from hotel operations来自酒店营运的收入
Consultancy, management and
recreation income
咨询、管理及
游乐收入
Total总计
Geographical market地区市场
Chinese Mainland中国内地
Timing of revenue recognition确认收入的时间
Gods transfered at a point
in time
于一个时点移交货品
Services transfered over time于一段时间移交服务
Total总计
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
- 、其他收入及收益
（续）
来自客户合约的收入（续）
(i) 经分解的收入资料（续）
截至2023年12月31日止年度
6. REVENUE, OTHER INCOME AND GAINS
(continued)
Revenue from contracts with customers
(continued)
(i) Disagregated revenue information (continued)
For the year ended 31 December 2023
Segments
Park
operation
Operation
as a serviceTotal
分部公园营运营即服务总计
RMB’000RMB’000RMB’000
人民币千元人民币千元人民币千元
Types of gods or services货品或服务种类
Tickets sales门票销售902,753–902,753
Fod and beverage sales食品及饮品销售247,577–247,577
Sale of merchandise货品销售140,842–140,842
In-park recreation income园内游乐收费收入177,245–177,245
Income from hotel operations来自酒店营运的收入193,674–193,674
Consultancy, management and
recreation income
咨询、管理及
游乐收入–129,466129,466
Total总计1,662,091129,4661,791,557
Geographical market地区市场
Chinese Mainland中国内地1,662,091129,4661,791,557
Timing of revenue recognition确认收入的时间
Gods transfered at a point
in time
于一个时点移交货品
389,811–389,811
Services transfered over time于一段时间移交服务1,272,280129,4661,401,746
Total总计1,662,091129,4661,791,557
| 226,687 |
|---|
| – |
| 38,272 |
| 264,959 |
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
- 、其他收入及收益
（续）
来自客户合约的收入（续）
(i) 经分解的收入资料（续）
下表显示于本报告期内确认而
计入报告期开始时的合约负债
内并因过往期间满足履约责任
而确认的收入金额：
(i) 履约责任
有关本集团的履约责任资料概
述如下：
6. REVENUE, OTHER INCOME AND GAINS
(continued)
Revenue from contracts with customers
(continued)
(i) Disagregated revenue information (continued)
The folowing table shows the amounts of revenue
recognised in the curent reporting period that were
included in the contract liabilities at the begining of
the reporting period and recognised from performance
obligations satisfied in previous periods:
2024年2023年
RMB’000RMB’000
人民币千元人民币千元
Revenue recognised that was included
in contract liabilities at the begining
of the reporting period:
于报告期开始时计入
合约负债内的
已确认收入：
Tickets sales门票销售51,993
Income from hotel operations来自酒店营运的收入35
Consultancy, management
and recreation income
咨询、管理及
游乐收入1,475
Total总计53,503
(i) Performance obligations
Information about the Group’s performance obligations
is sumarised below:
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
- 、其他收入及收益
（续）
来自客户合约的收入（续）
(i) 履约责任（续）
货品销售
当交付货品且客户一般须同时
付款时，即满足履约责任。并
无任何会引致代价可变的退货
或大额回扣权利。
门票销售
履约责任随著提供服务的时间
满足，一般须预先付款，惟通
过旅行社出售的门票除外，其
付款一般于交付门票起30至
90日到期。
提供园内游乐服务
履约责任随著提供服务的时间
满足，一般客户须于提供服务
前预先付款。
酒店营运
履约责任随著提供服务的时间
满足，一般客户须于提供服务
前预先付款。
提供咨询、管理及游乐服务
履约责任随著提供服务的时间
满足，提供服务前一般须预付
短期款项。管理服务合约为期
一年或以下，并根据合约条款
按进度指标开具账单。
6. REVENUE, OTHER INCOME AND GAINS
(continued)
Revenue from contracts with customers
(continued)
(i) Performance obligations (continued)
Sales of merchandise
The performance obligation is satisfied upon
delivery of the gods and payment by the customer
simultaneously is normaly required. There is no right
of return or volume rebate which gives rise to variable
consideration.
Ticket sales
The performance obligation is satisfied over time as
services are rendered and payment in advance is
normaly required, except for tickets sold through travel
agencies, where payment is generaly due within 30 to
90 days from the delivery of tickets.
Provision of in-park recreation services
The performance obligation is satisfied over time as
services are rendered and payment by the customer
in advance before provision of services is normaly
required.
Hotel operation
The performance obligation is satisfied over time as
services are rendered and payment by the customer
in advance before provision of services is normaly
required.
Provision of consultancy, management and recreation
services
The performance obligation is satisfied over time
as services are rendered and short-term advances
are normaly required before rendering the services.
Management service contracts are for periods of one
year or les, and are biled based on the milestone
acording to contract terms.
| 296,509 |
|---|
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
- 、其他收入及收益
（续）
来自客户合约的收入（续）
(i) 履约责任（续）
提供咨询、管理及招待服务
（续）
于12月31日分配至余下履约
责任（未满足或部分未满足）的
交易价格金额如下：
所有已分配至余下履约责任的
交易价格其他金额预期将于一
年内确认为收入。以上所披露
的金额不包括受限制的可变代
价。
6. REVENUE, OTHER INCOME AND GAINS
(continued)
Revenue from contracts with customers
(continued)
(i) Performance obligations (continued)
Provision of consultancy, management and recreation
services (continued)
The amounts of transaction prices alocated to the
remaining performance obligations (unsatisfied or
partialy unsatisfied) as at 31 December are as folows:
2024年2023年
RMB’000RMB’000
人民币千元人民币千元
Amounts expected to be
recognised as revenue:
预期将确认为
收入的金额：
Within one year一年内264,959
Al the other amounts of transaction prices alocated
to the remaining performance obligations are expected
to be recognised as revenue within one year. The
amounts disclosed above do not include variable
consideration which is constrained.
| 37,609 |
|---|
| 668 |
| 6,631 |
| – |
| 9,591 |
| 54,499 |
| – |
| 49,330 |
| – |
| 49,330 |
| 103,829 |
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
- 、其他收入及收益
（续）
其他收入及收益
6. REVENUE, OTHER INCOME AND GAINS
(continued)
Other income and gains
2024年2023年
NoteRMB’000RMB’000
附注人民币千元人民币千元
Other income其他收入
Government grants政府补贴3058,870
Interest income利息收入34,194
Income from insurance claims来自保险索偿的收入10,654
Dividend income from financial asets
at fair value through profit or los
透过损益按公允价值
列账的金融资产
之股息收入35,548
Others其他30,021
Total other income其他收入总额169,287
Gains收益
Gain on modifications of financial
liabilities that do not result in
derecognition
金融负债发生不导致
终止确认的
变更的收益40,563
Fair value gains on investment
properties
投资物业公允价值收益
48,647
Gain on disposal of an asociate出售一间联营公司收益48,000
Total gains收益总额137,210
Total other income and gains其他收入及收益总额306,497
| 93,650 |
|---|
| 1,305,169 |
| 319,350 |
| 5,078 |
| (9,399) |
| 8,949 |
| (450) |
| 71,817 |
| (5,778) |
| 66,039 |
| 574 |
| 2,600 |
| 373,376 |
| 5,950 |
| 47,267 |
| 426,593 |
| (33,180) |
| 574 |
| (32,606) |
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
7. 除税前亏损
本集团的除税前亏损于扣除╱（计
入）以下各项后达致：
7. LOS BEFORE TAX
The Group’s los before tax is arived at after charging/
(crediting):
2024年2023年
NotesRMB’000RMB’000
附注人民币千元人民币千元
Cost of merchandise sold已售商品成本79,845
Cost of services provided提供服务成本1,278,891
Depreciation of property, plant and equipment物业、厂房及设备折旧12331,385
Amortisation of intangible asets无形资产摊销158,288
Impairment of financial asets, net:金融资产减值净额：
(Reversal of impairment)/impairment of trade
receivables, net
贸易应收款项（减值拨回）╱
减值净额22950
Impairment/(reversal of impairment) of
financial asets included in prepayments and
other receivables, net
计入预付款项及其他应收
款项的金融资产减值╱
（减值拨回）净额(9,041)
(8,091)
Total depreciation of right-of-use asets使用权资产折旧总额77,134
Les: Capitalised in property, plant
and equipment
减：于物业、厂房及
设备资本化(11,562)
65,572
Lease payments not included in the measurement of
lease liabilities
不纳入租赁负债计量中的
租赁付款14(c)651
Auditor’s remuneration核数师酬金5,830
Employe benefit expense* (excluded directors’
and chief executive’s remuneration):
雇员福利开支*（不包括董事
及行政总裁酬金）：
Wages and salaries 工资及薪金377,756
Bonuses 花红16,149
Pension scheme contributions (defined
contribution scheme)
退休计划供款（界定
供款计划）48,367
442,272
Rental income
租金收入
(25,285)
Les: Direct operating expense (included repairs
and maintenance) arising on rental-earning
investment properties
减： 赚取租金收入的投资物
业的直接运营开支
（包括维修及保养）
(24,634)
| – |
|---|
| 1,144 |
| 131 |
| 190,361 |
| (5,077) |
| (49,330) |
| (1,008) |
| 36,147 |
| 25,878 |
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
2024年2023年
NotesRMB’000RMB’000
附注人民币千元人民币千元
Gain on disposal of an asociate出售一间联营公司收益(48,000)
Foreign exchange diferences, net汇兑差额净额13,770
Provision of impairment /(reversal of impairment) for
inventories
存货减值拨备╱（减值拨回）
(631)
Impairment of property, plant and equipment物业、厂房及设备减值–
Gain on derecognition of leases终止确认租赁的收益14(62)
Changes in fair value of investment properties and
investment properties clasified as held for sale
投资物业及分类为持作出售的
投资物业之公允价值变动13(48,648)
Changes in fair value of biological asets生物资产公允价值变动2425
Fair value loses of financial asets at fair value
through profit or los
透过损益按公允价值列账的
金融资产之公允价值亏损6,206
Los on disposal of items of property, plant and
equipment, and intangible asets
出售物业、厂房及设备以及
无形资产项目的亏损1,183
7. LOS BEFORE TAX (continued)7. 除税前亏损（续）
| 299,759 |
|---|
| 8,971 |
| 308,730 |
| (447) |
| 308,283 |
| 38,214 |
| 346,497 |
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
- （续）
- 、厂房及设备、使用权资产折
旧以及雇员福利开支的若干金额乃
计入销售成本之中。
8. 财务成本
持续经营业务的财务成本分析如
下：
7. LOS BEFORE TAX (continued)
- , plant and
equipment, the depreciation of right-of-use asets and the
employe benefit expense are included in cost of sales.
8. FINANCE COSTS
An analysis of finance costs from continuing operations is as
folows:
2024年2023年
RMB’000RMB’000
人民币千元人民币千元
Interest on bank loans
and other loans
银行贷款及其他贷款的利息
288,559
Interest on lease liabilities租赁负债的利息9,026
Total interest expense on
financial liabilities not at fair
value through profit or los
并非透过损益按公允价值列账的
金融负债的利息开支总额
297,585
Les: Interest capitalised减：资本化利息(27,453)
Subtotal小计270,132
Other finance costs:其他财务成本：
Increase in discounted amounts
of financial liabilities arising
from the pasage of time
因时间过去而产生金融负债
已折现金额的增加
52,448
Total总计322,580
| 2,040 |
|---|
| 4,269 |
| 104 |
| 4,373 |
| 6,413 |
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
9. 董事及行政总裁酬金及五
名最高薪酬雇员的酬金
董事及行政总裁于2024年及2023
年的酬金根据联交所证券上市规
则（「上市规则」）、香港公司条例第
383(1)(a)、(b)、(c)及(f)条及公司（披
露董事利益资料）规例第2部披露如
下：
9. DIRECTORS’ AND CHIEF EXECUTIVE’S
REMUNERATION AND FIVE HIGHEST PAID
EMPLOYES’ REMUNERATION
Directors’ and chief executive’s remuneration for 2024
and 2023, disclosed pursuant to the Rules Governing the
Listing of Securities on the Stock Exchange (the “Listing
Rules”), section 383(1)(a), (b), (c) and (f) of the Hong
Kong Companies Ordinance and Part 2 of the Companies
(Disclosure of Information about Benefits of Directors)
Regulation, is as folows:
2024年2023年
RMB’000RMB’000
人民币千元人民币千元
Fes袍金2,001
Other emoluments:其他酬金：
Salaries, alowances and
benefits in kinds
薪金、津贴及实物福利
4,542
Retirement benefit scheme
contributions
退休福利计划供款
Subtotal小计4,646
Total总计6,647
| – |
|---|
| – |
| 100 |
| 100 |
| 100 |
| 300 |
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
9. 董事及行政总裁酬金及五
名最高薪酬雇员的酬金
（续）
(a) 独立非执行董事
年内支付予独立非执行董事的
袍金如下：
年内并无应付独立非执行董事
的其他酬金（2023年：无）。
9. DIRECTORS’ AND CHIEF EXECUTIVE’S
REMUNERATION AND FIVE HIGHEST PAID
EMPLOYES’ REMUNERATION (continued)
(a) Independent non-executive directors
The fes paid to independent non-executive directors
during the year were as folows:
2024年2023年
RMB’000RMB’000
人民币千元人民币千元
Mr. Chen Guohui陈国辉先生44
Ms. Zhang Meng张梦女士44
Mr. Wang Jun王军先生100
Mr. Zhu Yuchen朱玉辰先生56
Ms. Shen Han沈涵女士17
Total总计261
There were no other emoluments payable to the
independent non-executive directors during the year
(2023: Nil).
| 400 | 1,541 | 18 | 1,959 |
|---|---|---|---|
| 400 | 1,768 | 16 | 2,184 |
| 400 | 960 | 70 | 1,430 |
| 800 | 2,728 | 86 | 3,614 |
| 180 | – | – | 180 |
| 180 | – | – | 180 |
| 180 | – | – | 180 |
| 540 | – | – | 540 |
| 1,740 | 4,269 | 104 | 6,113 |
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
9. 董事及行政总裁酬金及五
名最高薪酬雇员的酬金
（续）
(b) 行政总裁、执行董事及非
执行董事
9. DIRECTORS’ AND CHIEF EXECUTIVE’S
REMUNERATION AND FIVE HIGHEST PAID
EMPLOYES’ REMUNERATION (continued)
(b) The chief executive, executive directors
and non-executive directors
Fes
Salaries,
alowances
and benefits
in kind
Retirement
benefit
scheme
contributions
Total
remuneration
袍金
薪金、津贴及
实物福利
退休福利
计划供款总酬金
RMB’000RMB’000RMB’000RMB’000
人民币千元人民币千元人民币千元人民币千元
Year ended 31 December 2024截至2024年12月31日止年度
Chief executive:行政总裁：
Mr. Qu Naijie 曲乃杰先生
Executive directors:执行董事：
Mr. Qu Cheng 曲程先生
Mr. Li Kehui 李珂晖先生
Subtotal小计
Non-executive directors:非执行董事：
Mr. Wang Xuguang 王旭光先生
Mr. Yuan Bing 袁兵先生
Mr. Go TouTou (former name Wu
Tongtong)
Go TouTou先生
（前称吴桐）
Subtotal小计
Total总计
Year ended 31 December 2023截至2023年12月31日止年度
Chief executive:行政总裁：
Mr. Qu Naijie 曲乃杰先生4001,680182,098
Executive directors:执行董事：
Mr. Qu Cheng 曲程先生4001,747162,163
Mr. Zhang Jianbin 张建斌先生333955581,346
Mr. Li Kehui 李珂晖先生6716012239
Subtotal小计8002,862863,748
Non-executive directors:非执行董事：
Mr. Wang Xuguang 王旭光先生180–180
Mr. Yuan Bing 袁兵先生180–180
Mr. Li Hao 李浩先生90–90
Mr. Go TouTou (former name Wu
Tongtong)
Go TouTou先生
（前称吴桐）90–90
Subtotal小计540–540
Total总计1,7404,5421046,386
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
9. 董事及行政总裁酬金及五
名最高薪酬雇员的酬金
（续）
(b) 行政总裁、执行董事及非
执行董事（续）
年内并无任何有关董事放弃或
同意放弃任何酬金的安排。
9. DIRECTORS’ AND CHIEF EXECUTIVE’S
REMUNERATION AND FIVE HIGHEST PAID
EMPLOYES’ REMUNERATION (continued)
(b) The chief executive, executive directors
and non-executive directors (continued)
There was no arangement under which a director
waived or agred to waive any remuneration during the
year.
| 1,872 |
|---|
| 141 |
| 2,013 |
| 2 |
|---|
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
9. 董事及行政总裁酬金及五
名最高薪酬雇员的酬金
（续）
(c) 五名最高薪酬雇员
年内五名最高薪酬雇员包括三
名董事（2023年：三名），彼
等的酬金详情载于上文附注
9(b)。余下两名（2023年：两
名）并非本公司董事亦非行政
总裁的最高薪酬雇员的年内酬
金详情如下：
并非董事亦非行政总裁的最高
薪酬雇员的酬金介乎以下范围
的人数如下：
9. DIRECTORS’ AND CHIEF EXECUTIVE’S
REMUNERATION AND FIVE HIGHEST PAID
EMPLOYES’ REMUNERATION (continued)
(c) Five highest paid employes
The five highest paid employes during the year
included thre directors (2023: thre), details of whose
remuneration are set out in note 9(b) above. Details
of the remuneration for the year of the remaining two
(2023: two) highest paid employes who are neither
a director nor chief executive of the Company are as
folows:
2024年2023年
RMB’000RMB’000
人民币千元人民币千元
Salaries, alowances and
benefits in kinds
薪金、津贴及实物福利
2,432
Retirement benefit scheme
contributions
退休福利计划供款
Total总计2,518
The number of non-director and non-chief executive
highest paid employes whose remuneration fel within
the folowing band is as folows:
Number of employes
雇员人数
2024年2023年
HK$1,000,001 to
HK$1,500,000
1,000,001港元至
1,500,000港元2
| 312 |
|---|
| – |
| 312 |
| (11,720) |
| (11,408) |
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
10. 所得税
截至2024年12月31日止年度，中
国企业所得税拨备按本集团于中国
内地的附属公司的应评税溢利以
25%（2023年12月31日：25%）的
适用所得税率作出。
由于两个年度均无源自香港的应评
税溢利，故并无就香港利得税在财
务报表中作出拨备。
于合并损益表内的所得税为：
10. INCOME TAX
Provision for PRC corporate income tax has ben provided
at the aplicable income tax rate of 25% for the year ended
31 December 2024 (31 December 2023: 25%) on the
asesable profits of the Group’s subsidiaries in Chinese
Mainland.
No provision for Hong Kong profits tax has ben made in
the financial statements as no asesable profit was derived
from Hong Kong during the years.
Income tax in the consolidated statement of profit or los
represents:
2024年2023年
RMB’000RMB’000
人民币千元人民币千元
Curent – Chinese Mainland:即期－中国内地：
Charge for the year 年内支出2,326
Overprovision in prior years 过往年度超额拨备(2,750)
(424)
Defered tax (note 17)递延税项（附注17）(3,773)
Total总计(4,197)
| (760,919) |
|---|
| (190,230) |
| – |
| 3,978 |
| (2,190) |
| 48,091 |
| (6,875) |
| 130,923 |
| 4,895 |
| (11,408) |
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
- （续）
使用法定税率计算适用于除税前亏
损的税项抵免与按实际税率计算的
税项开支的对账如下：
10. INCOME TAX (continued)
A reconciliation of the tax credit aplicable to los before
tax using the statutory tax rate to the tax expense at the
efective rate is as folows:
2024年2023年
RMB’000RMB’000
人民币千元人民币千元
Los before tax除税前亏损(186,104)
Tax at the statutory tax rate of 25%
(2023: 25%)
按法定税率25%（2023年：25%）
计算的税项(46,526)
Adjustments in respect of curent tax of
previous periods
就过往期间的即期税项作出的调整
(2,750)
Efect of diferent tax rates不同税率的影响8,007
Income not subject to tax毋须课税收入(553)
Expenses not deductible for tax不可扣税开支6,120
Tax loses utilised from previous periods使用往期税项亏损(21,322)
Tax loses not recognised未确认的税项亏损39,695
Temporary diference not recognised未确认的暂时差额13,132
Tax credit at the Group’s efective rate按本集团实际税率计算的税项抵免(4,197)
| 38,024 |
|---|
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
- （续）
于合并财务状况表内的应付税项
为：
11. 母公司普通股权持有人应
占每股亏损
年内每股基本亏损乃按母公司普
通股权持有人应占亏损，以及年
内已发行普通股的加权平均数
8,114,002,000股份（2023年：
8,104,147,056股份）计算。
10. INCOME TAX (continued)
Tax payables in the consolidated statement of financial
position represent:
31 December
31 December
2024年
12月31日
2023年
12月31日
RMB’000RMB’000
人民币千元人民币千元
PRC corporate income tax中国企业所得税34,827
11. LOS PER SHARE ATRIBUTABLE TO
ORDINARY EQUITY HOLDERS OF THE
PARENT
The calculation of the basic los per share amount for the
year is based on the los atributable to ordinary equity
holders of the parent, and the weighted average number of
ordinary shares of 8,114,002,000 (2023: 8,104,147,056) in
isue during the year.
| (739,719) |
|---|
| 8,114,002,000 |
|---|
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
11. 母公司普通股权持有人应
占每股亏损（续）
每股基本亏损金额乃根据以下数据
计算：
截至2024年及2023年12月31日止年度并
无已发行的具摊薄潜力的普通股，因此每
股摊薄亏损金额与每股基本亏损金额相同。
11. LOS PER SHARE ATRIBUTABLE TO
ORDINARY EQUITY HOLDERS OF THE
PARENT (continued)
The calculation of the basic los per share amount is based
on:
2024年2023年
RMB’000RMB’000
人民币千元人民币千元
Los亏损
Los atributable to ordinary
equity holders of the parent,
used in the basic los per share
calculation
用作计算每股基本亏损之母公司
普通股权持有人应占亏损
(197,259)
Number of shares
股份数目
2024年2023年
Shares股份
Weighted average number of ordinary
shares in isue during the year
used in the basic los per
share calculation
用作计算每股基本亏损之
年内已发行普通股的
加权平均数
8,104,147,056
There were no potentialy dilutive ordinary shares in isue during
the years ended 31 December 2024 and 2023 and therefore the
amount of diluted los per share was the same as the basic los
per share amount.
| 6,047,266 | 281,546 | 2,093,900 | 30,628 | 573,160 | 485,495 | 557,488 | 10,069,483 |
|---|
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
- 、厂房及设备12. PROPERTY, PLANT AND EQUIPMENT
Theme parks
and other
buildings
Building
improvementsMachinery
Motor
vehicles
Ofice
equipment
and furniture
Live
animals
Construction
in procesTotal
主题公园及
其他楼宇楼宇装修机器汽车
办公室
设备及家私活生动物在建工程总计
RMB’000RMB’000RMB’000RMB’000RMB’000RMB’000RMB’000RMB’000
人民币千元人民币千元人民币千元人民币千元人民币千元人民币千元人民币千元人民币千元
Cost成本
At 1 January 2023于2023年1月1日4,922,842269,9811,603,33126,842434,874431,277894,7868,583,933
Aditions增添3,9659,70724,6914,84146,24521,1531,626,7211,737,323
Revaluation surplus重估盈余29,665–29,665
Transfer to investment properties
(note 13)
转拨至投资物业
（附注13）(147,463)–(147,463)
Transfers转拨1,437,361–493,951–69,093–(2,000,405)–
Disposals出售(15,909)–(3,148)(1,792)(4,976)(4,112)–(29,937)
At 31 December 2023 and
1 January 2024
于2023年12月31日
及2024年1月1日6,230,461279,6882,118,82529,891545,236448,318521,10210,173,521
Aditions增添5,2441,85819,2571,15934,43941,489147,539250,985
Revaluation surplus重估盈余47,419–47,419
Transfer to investment properties
(note 13)
转拨至投资物业
（附注13）(299,859)–(299,859)
Transfers转拨98,989–12,164–(111,153)–
Disposals出售(34,988)–(44,182)(422)(18,679)(4,312)–(102,583)
At 31 December 2024于2024年12月31日
Acumulated depreciation累积折旧
At 1 January 2023于2023年1月1日(991,590)(34,206)(988,273)(23,297)(311,454)(120,232)–(2,469,052)
Depreciation for the year年内折旧(116,804)(15,771)(117,735)(712)(64,420)(15,943)–(331,385)
Disposals出售1,701–1,1231,6894,6993,125–12,337
Transfer to investment properties
(note 13)
转拨至投资物业
（附注13）7,302–7,302
| (1,107,457) | (66,045) | (1,185,751) | (24,044) | (397,773) | (143,594) | – | (2,924,664) |
|---|
| (674,936) | (2,517) | (162,940) | (2,330) | (11,821) | (2,731) | (50,154) | (907,429) |
|---|---|---|---|---|---|---|---|
| 4,264,873 | 212,984 | 745,209 | 4,254 | 163,566 | 339,170 | 507,334 | 6,237,390 |
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
- 、厂房及设备（续）
Theme parks
and other
buildings
Building
improvementsMachinery
Motor
vehicles
Ofice
equipment
and furniture
Live
animals
Construction
in procesTotal
主题公园及
其他楼宇楼宇装修机器汽车
办公室
设备及家私活生动物在建工程总计
RMB’000RMB’000RMB’000RMB’000RMB’000RMB’000RMB’000RMB’000
人民币千元人民币千元人民币千元人民币千元人民币千元人民币千元人民币千元人民币千元
At 31 December 2023 and
1 January 2024
于2023年12月31日
及2024年1月1日(1,099,391)(49,977)(1,104,885)(22,320)(371,175)(133,050)–(2,780,798)
Depreciation for the year年内折旧(135,498)(16,068)(110,647)(1,796)(41,510)(13,831)–(319,350)
Disposals出售25,752–29,7817214,9123,287–73,804
Transfer to investment properties
(note 13)
转拨至投资物业
（附注13）101,680–101,680
At 31 December 2024于2024年12月31日
Impairment减值
At 31 December 2023 and
1 January 2024
于2023年12月31日
及2024年1月1日(706,737)(2,517)(94,065)(2,176)(12,497)(3,287)(48,357)(869,636)
Transfer to investment properties
(note 13)
转拨至投资物业
（附注13）149,667–149,667
Disposals出售–1,306111,008576–2,901
Impairment for the year年内减值(117,866)–(70,181)(165)(332)(20)(1,797)(190,361)
At 31 December 2024于2024年12月31日
Net carying amount账面净值
At 31 December 2024于2024年12月31日
At 31 December 2023于2023年12月31日4,424,333227,194919,8755,395161,564311,981472,7456,523,087
12. PROPERTY, PLANT AND EQUIPMENT
(continued)
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
- 、厂房及设备（续）
减值评估
于截至2024年12月31日止年度，
物业、厂房及设备的可收回金额乃
根据计算使用价值厘定。现金流量
预测乃基于董事审阅的相关可识别
现金产生单位的五年盈利预测。五
年期间以外的现金流量乃使用3%
的增长率予以推断。现金流量使用
13.5%的折现率折现。所用折现率
为税前折现率并反映与公园运营分
部有关的特定风险。
于截至2024年12月31日止年度，
就物业、厂房及设备确认约人民币
190,361,000元的减值亏损。
本集团于中国内地的酒店物业、公
园及其他楼宇所处的多幅土地按中
期租赁持有。
物业、厂房及设备包括若干账面值
为人民币1,954,617,000元（2023
年：人民币2,146,727,000元）的楼
宇，于2024年12月31日，该等楼
宇尚未取得房产证。
于2024年12月31日，本集团账面
净值约为人民币2,105,392,000元
（2023年：人民币2,336,823,000
元）的若干主题公园、其他楼宇及机
器已予抵押，以取得本集团获授的
一般银行及其他融资（附注29）。
12. PROPERTY, PLANT AND EQUIPMENT
(continued)
Impairment asesment
For the year ended 31 December 2024, the recoverable
amount of the property, plant and equipment is determined
based on value-in-use calculation. The cash flow projection
is based on a five-year profit forecast reviewed by the
Directors in respect of the relevant identifiable CGU. Cash
flows beyond the five-year period are extrapolated using
growth rate of 3%. The cash flows are discounted using
a discount rate of 13.5%. The discount rate used is pre-
tax and reflects specific risks relating to the park operation
segment.
During the year ended 31 December 2024, an impairment
los of aproximately RMB190,361,000 was recognized in
respect of the property, plant and equipment.
The Group’s parcels of land in Chinese Mainland where the
hotel buildings, parks and other buildings are situated are
held under medium-term leases.
Included in the property, plant and equipment were certain
buildings with a carying value of RMB1,954,617,000 (2023:
RMB 2,146,727,000), of which the property certificates have
not ben obtained as at 31 December 2024.
At 31 December 2024, certain of the Group’s theme
parks, other buildings and machinery with net carying
amounts of aproximately RMB2,105,392,000 (2023:
RMB2,336,823,000) were pledged to secure general bank
and other facilities granted to the Group (note 29).
| 257,349 | 374,897 | 632,246 |
|---|---|---|
| 374,897 | (374,897) | – |
| 48,512 | – | 48,512 |
| 15,412 | – | 15,412 |
| 49,330 | – | 49,330 |
| 745,500 | – | 745,500 |
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
13. 投资物业13. INVESTMENT PROPERTIES
Investment
properties
Investment
properties
clasified as
held for sale
投资物业
分类为持作
出售的投资物业
RMB’000RMB’000RMB’000
人民币千元人民币千元人民币千元
At 31 December 2023 and
1 January 2024
于2023年12月31日及
2024年1月1日
Reclasification重新分类
Transfer from property, plant and
equipment (note 12)
转拨自物业、厂房及设备
（附注12）
Transfer from completed properties
held for sale
转拨自持作出售的
已落成物业
Net gain from fair value
adjustments (note 7)
公允价值调整的净收益
（附注7）
At 31 December 2024于2024年12月31日
At 31 December 2022 and
1 January 2023
于2022年12月31日及
2023年1月1日122,477387,836510,313
Transfer from property, plant and
equipment (note 12)
转拨自物业、厂房及设备
（附注12）73,285–73,285
Net gain/(los) from fair value
adjustments (note 7)
公允价值调整的净收益╱
（亏损）（附注7）61,587(12,939)48,648
At 31 December 2023于2023年12月31日257,349374,897632,246
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
- （续）
本集团的投资物业全部为位于中国
内地的商用物业。本公司董事已确
定，基于每项物业的性质、特征及
风险，所有投资物业均为商用物业。
本集团的投资物业于2024年12月
31日根据戴德梁行有限公司－北京
分行（「戴德梁行」）（为一家专业合
资格独立估值师行）采用收入法所作
的估值而重估。本集团的物业经理
及财务总监决定委聘外部估值师负
责对本集团的物业进行外部估值，
每年两次。甄选准则包括市场知
识、声誉、独立性及是否符合专业
标准。公允价值指于估值当日由知
情和有意交易的买卖双方之间在公
平磋商的交易中将资产转手的市值
金额。本集团的物业经理及财务总
监会于就中期及年度财务报告进行
估值时，与估值师讨论估值假设及
估值结果，每年两次。
投资物业根据经营租赁出租予第三
方，其概要详情载于财务报表附注
14。
于2024年12月31日，本集团的
投资物业人民币284,800,000元
（2023年：人民币203,850,000元）
已予抵押，以获取授予本集团的银
行贷款（附注29）。
13. INVESTMENT PROPERTIES (continued)
The Group’s investment properties are al comercial
properties in Chinese Mainland. The directors of the
Company have determined that al the investment
properties are comercial properties, based on the nature,
characteristics and risks of each property.
The Group’s investment properties were revalued on
31 December 2024 based on valuations performed by
Cushman & Wakefield Limited – Beijing Branch (“CWK”), an
independent firm of profesionaly qualified valuers, using
the income aproach. Bi-anualy, the Group’s property
manager and the chief financial oficer decide to apoint
which external valuer to be responsible for the external
valuations of the Group’s properties. Selection criteria
include market knowledge, reputation, independence and
whether profesional standards are maintained. The fair
value represents the amount of market value at which the
asets could be exchanged betwen a knowledgeable,
wiling buyer and a knowledgeable, wiling seler in an arm’s
length transaction at the date of valuation. The Group’s
property manager and the chief financial oficer have
discusions with the valuer on the valuation asumptions
and valuation results twice a year when the valuation is
performed for interim and anual financial reporting.
The investment properties are leased to third parties under
operating leases, the sumary details of which are included
in note 14 to the financial statements.
The Group’s investment properties of RMB284,800,000
as at 31 December 2024 (2023: RMB203,850,000) were
pledged to secure bank loans granted to the Group (note
29).
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
- （续）
于2024年12月31日约人民币
745,500,000元（2023年：人民币
257,349,000元）的投资物业乃位于
中国内地并根据中期租约持有。
投资物业及分类为持作出售的投
资物业包括若干账面值分别为人
民币305,000,000元及人民币零元
（2023年：人民币138,321,000元及
人民币140,056,000元）的楼宇，于
2024年12月31日，该等楼宇尚未
取得房产证。
13. INVESTMENT PROPERTIES (continued)
Investment properties of aproximately RMB745,500,000
(2023: RMB257,349,000) as at 31 December 2024 are
located in Chinese Mainland under medium-term leases.
Included in the investment properties and investment
properties clasified as held for sale were certain buildings
with carying values of RMB305,000,000 and RMB Nil (2023:
RMB138,321,000 and RMB140,056,000) respectively, of
which the property certificates have not ben obtained as at
31 December 2024.
| – | – | 745,500 | 745,500 |
|---|
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
- （续）
公允价值等级
下表列明本集团投资物业的公允价
值计量等级：
于年内，第一级及第二级公允价值
计量等级之间并无转移，亦无转至
或转自第三级（2023年：无）。
13. INVESTMENT PROPERTIES (continued)
Fair value hierarchy
The folowing table ilustrates the fair value measurement
hierarchy of the Group’s investment properties:
Fair value measurement
as at 31 December 2024 using
使用以下各项于2024年12月31日
进行的公允价值计量
Quoted
prices
in active
markets
(Level 1)
Significant
observable
inputs
(Level 2)
Significant
unobservable
inputs
(Level 3)Total
于活跃市场
的报价
（第一级）
重大可观察
输入数据
（第二级）
重大不可观察
输入数据
（第三级）总计
RMB’000RMB’000RMB’000RMB’000
人民币千元人民币千元人民币千元人民币千元
Recuring fair value measurement for:经常性公允价值计量：
Comercial properties商用物业
Fair value measurement
as at 31 December 2023 using
使用以下各项于2023年12月31日
进行的公允价值计量
Quoted
prices
in active
markets
(Level 1)
Significant
observable
inputs
(Level 2)
Significant
unobservable
inputs
(Level 3)Total
于活跃市场
的报价
（第一级）
重大可观察
输入数据
（第二级）
重大不可观察
输入数据
（第三级）总计
RMB’000RMB’000RMB’000RMB’000
人民币千元人民币千元人民币千元人民币千元
Recuring fair value measurement for:经常性公允价值计量：
Comercial properties商用物业–632,246632,246
During the year, there were no transfers of fair value
measurements betwen Level 1 and Level 2 and no
transfers into or out of Level 3 (2023: Nil).
| 632,246 |
|---|
| 48,512 |
| 15,412 |
| 49,330 |
| 745,500 |
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
- （续）
公允价值等级（续）
分类至公允价值等级第三级内的公
允价值计量的对账：
13. INVESTMENT PROPERTIES (continued)
Fair value hierarchy (continued)
Reconciliation of fair value measurements categorised within
Level 3 of the fair value hierarchy:
31 December
31 December
2024年
12月31日
2023年
12月31日
RMB’000RMB’000
人民币千元人民币千元
Carying amount at 1 January于1月1日的账面值510,313
Transfer from property,
plant and equipment (note 12)
转拨自物业、厂房及
设备（附注12）73,285
Transfer from completed properties
held for sale
转拨自持作出售的
已落成物业–
Net gain from fair value
adjustments recognised in
profit or los
于损益中的收益
确认的公允价值调整
收益净额48,648
Carying amount at 31 December于12月31日的账面值632,246
| 50-93 |
|---|
| 5.0%-6.0% |
| 5.5%-6.5% |
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
- （续）
公允价值等级（续）
以下为投资物业估值所用的估值方
法及主要输入数据之概要：
根据收入法，公允价值乃采用有关
资产寿命内所有权收益及负债的假
设进行估计（包括退出价值或终端价
值）。该方法涉及对物业权益的一连
串现金流量的预测。市场衍生的折
现率适用于预测现金流量以便确立
与资产有关的收入流的现值。
13. INVESTMENT PROPERTIES (continued)
Fair value hierarchy (continued)
Below is a sumary of the valuation technique used and the
key inputs to the valuation of investment properties:
Valuation
technique
Significant
unobservable inputs
Range or
weighted average
估值方法重大不可观察输入数据范围或加权平均数
2024年2023年
Comercial propertiesIncome methodMarket monthly rental
(RMB/sq.m. or RMB/space)36-88
商用物业收入法市场每月租金（人民币元╱
平方米或人民币元╱面积）
Term yield4.5%-6.0%
期限收益率
Market yield5.0%-6.5%
市场收益率
Under the income method, fair value is estimated using
asumptions regarding the benefits and liabilities of
ownership over the aset’s life including an exit or terminal
value. This method involves the projection of a series of
cash flows on a property interest. A market-derived discount
rate is aplied to the projected cash flow in order to
establish the present value of the income stream asociated
with the aset.
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
- （续）
公允价值等级（续）
现金流量的持续时间及流入额和流
出额的具体时间乃由诸如租金检
讨、租约续签及相关续租、重建或
翻新等事件决定。适当的持续时间
受市场行为（为物业类别的一个特
性）影响。定期现金流量按收入扣
除不可回收费用、收账损失、租赁
奖励、维修费用、代理和佣金费用
及其他经营和管理费用估算。该一
连串定期经营收入净额，连同预计
于预测期终结时之终端价值估计金
额，折现至现值。
市场每月租金每年单独大幅增加（减
少）将导致投资物业的公允价值大幅
增加（减少）。折现率单独大幅增加
（减少）将导致投资物业的公允价值
大幅减少（增加）。
14. 租赁
本集团作为承租人
本集团就多项于其营运使用的土
地、楼宇及其他设备订有租赁合
约。本集团已预付一笔过款项向拥
有人收购租赁土地，租赁期为40至
50年，根据此等土地租赁的条款，
将不会持续支付款项。楼宇租赁的
租赁期一般为2至10年。其他设备
的租赁期一般为12个月或以下及╱
或个别属低价值。一般而言，本集
团不可向本集团以外人士转让及分
租赁资产。
13. INVESTMENT PROPERTIES (continued)
Fair value hierarchy (continued)
The duration of the cash flows and the specific timing of
inflows and outflows are determined by events such as rent
reviews, lease renewal and related releting, redevelopment
or refurbishment. The apropriate duration is driven by
market behaviour that is a characteristic of the clas of
property. The periodic cash flow is estimated as income
les non-recoverable expenses, colection loses, lease
incentives, maintenance costs, agent and comision costs
and other operating and management expenses. The series
of periodic net operating income, along with an estimate of
the terminal value anticipated at the end of the projection
period, is then discounted.
A significant increase (decrease) in the market monthly rental
in isolation would result in a significant increase (decrease)
in the fair value of the investment properties. A significant
increase (decrease) in the discount rate in isolation would
result in a significant decrease (increase) in the fair value of
the investment properties.
14. LEASES
The Group as a lese
The Group has lease contracts for various items of land,
buildings and other equipment used in its operations. Lump
sum payments were made upfront to acquire the leased
land from the owners with lease periods of 40 to 50 years,
and no ongoing payments wil be made under the terms of
these land leases. Leases of buildings generaly have lease
terms betwen 2 and 10 years. Other equipment generaly
has lease terms of 12 months or les and/or is individualy of
low value. Generaly, the Group is restricted from asigning
and subleasing the leased asets outside the Group.
| 138,943 | 1,345,572 | 1,484,515 |
|---|---|---|
| 211,337 | – | 211,337 |
| (33,845) | (37,972) | (71,817) |
| (31,828) | – | (31,828) |
| 284,607 | 1,307,600 | 1,592,207 |
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
- （续）
本集团作为承租人（续）
(a) 使用权资产
本集团使用权资产的账面值及
年内变动如下：
14. LEASES (continued)
The Group as a lese (continued)
(a) Right-of-use asets
The carying amounts of the Group’s right-of-use
asets and the movements during the year are as
folows:
Buildings
Leasehold
landTotal
楼宇租赁土地总计
RMB’000RMB’000RMB’000
人民币千元人民币千元人民币千元
As at 1 January 2023于2023年1月1日106,4081,370,3081,476,716
Aditions增添75,43013,64789,077
Depreciation charge折旧开支(38,751)(38,383)(77,134)
Revision of a lease term arising
from a change in the
non-cancelable period of a lease
由于一项租赁的不可撤回
期限出现变动
以致修订租赁期(4,144)–(4,144)
As at 31 December 2023
and 1 January 2024
于2023年12月31日
及2024年1月1日
Aditions增添
Depreciation charge折旧开支
Lease termination租赁终止
As at 31 December 2024于2024年12月31日
| 156,104 |
|---|
| 211,337 |
| 8,971 |
| (44,159) |
| (36,905) |
| 295,348 |
| 27,353 |
| 267,995 |
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
- （续）
本集团作为承租人（续）
(a) 使用权资产（续）
于2024年12月31日，本
集团若干账面值为人民币
1,195,629,000元（2023年：
人民币1,228,254,000元）的使
用权资产已就本集团获授的银
行贷款予以抵押（附注29）。
(b) 租赁负债
租赁负债（纳入计息银行及其
他借款项下）的账面值及年内
变动如下：
租赁负债的到期分析于财务报
表附注39内披露。
14. LEASES (continued)
The Group as a lese (continued)
(a) Right-of-use asets (continued)
Certain of the Group’s right-of-use asets with a
carying value of RMB1,195,629,000 were pledged
to secure bank loans granted to the Group at 31
December 2024 (2023: RMB1,228,254,000) (note 29).
(b) Lease liabilities
The carying amount of lease liabilities (included under
interest-bearing bank and other borowings) and the
movements during the year are as folows:
31 December
31 December
2024年
12月31日
2023年
12月31日
RMB’000RMB’000
人民币千元人民币千元
Carying amount at 1 January于1月1日的账面值118,563
New leases新增租赁72,806
Acretion of interest recognised
during the year
年内确认的
利息增加9,026
Payments付款(40,085)
Termination of lease终止租赁(4,206)
Carying amount at 31 December于12月31日的账面值156,104
Analysed into:分析为：
Curent portion 流动部分35,087
Non-curent portion 非流动部分121,017
The maturity analysis of lease liabilities is disclosed in
note 39 to the financial statements.
| 8,971 |
|---|
| 66,039 |
| 574 |
| 75,584 |
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
- （续）
本集团作为承租人（续）
(c) 于损益中确认与租赁有关的金
额如下：
(d) 租赁的现金流出总额于财务报
表附注34(c)内披露。
本集团作为出租人
本集团根据经营租赁安排租赁其由
中国内地之商用物业组成的投资物
业（附注13）。该等租赁的条款一般
规定租户支付保证金及订明可根据
当时的市况定期对租金作出调整。
本集团于年内确认的租金收入为人
民币33,180,000元（2023年：人民
币25,285,000元），有关详情载于
财务报表附注6。
14. LEASES (continued)
The Group as a lese (continued)
(c) The amounts recognised in profit or los in relation to
leases are as folows:
2024年2023年
RMB’000RMB’000
人民币千元人民币千元
Interest on lease liabilities租赁负债利息9,026
Depreciation charge of
right-of-use asets
使用权资产的折旧开支
65,572
Expense relating to short-term
leases (included in cost of sales
and administrative expenses)
与短期租赁有关的开支
（计入销售成本及
行政费用内）651
Total amount recognised in profit or los于损益中确认的总额75,249
(d) The total cash outflow for leases is disclosed in note
34(c) to the financial statements.
The Group as a lesor
The Group leases its investment properties (note 13)
consisting of comercial properties in Chinese Mainland
under operating lease arangements. The terms of the
leases generaly require the tenants to pay security deposits
and provide for periodic rent adjustments acording to the
then prevailing market conditions. Rental income recognised
by the Group during the year was RMB33,180,000 (2023:
RMB25,285,000), details of which are included in note 6 to
the financial statements.
| 13,712 |
|---|
| 11,637 |
| 10,473 |
| 5,190 |
| 3,553 |
| 23,031 |
| 67,596 |
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
- （续）
本集团作为出租人（续）
于2024年12月31日，本集团根据
与其租户之间的不可注销经营租赁
于未来期间应收的未折现租赁付款
如下：
14. LEASES (continued)
The Group as a lesor (continued)
At 31 December 2024, the undiscounted lease payments
receivable by the Group in future periods under non-
cancelable operating leases with its tenants are as folows:
2024年2023年
RMB’000RMB’000
人民币千元人民币千元
Within one year一年内7,582
After one year but within two years一年后但两年内6,813
After two years but within thre years两年后但三年内4,738
After thre years but within four years三年后但四年内3,574
After four years but within five years四年后但五年内2,112
After five years五年后437
Total总计25,256
| 62,529 |
|---|
| (38,648) |
| (1,741) |
| 22,140 |
| 22,140 |
| 3,968 |
| (5,078) |
| 21,030 |
| 66,497 |
| (43,726) |
| (1,741) |
| 21,030 |
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
15. 无形资产
无形资产包括可使用年期为5年至
10年的电脑软件及版权。无形资产
的变动分析如下：
15. INTANGIBLE ASETS
Intangible asets comprise computer software and copyright
with useful lives of 5 to 10 years. The movements in
intangible asets are analysed as folows:
2024年2023年
RMB’000RMB’000
人民币千元人民币千元
Software and copyright软件及版权
At 1 January:于1月1日：
Cost 成本43,784
Acumulated amortisation 累积摊销(30,360)
lmpairment 减值(1,741)
Net carying amount账面净值11,683
Cost at 1 January, net of
acumulated amortisation and impairment
于1月1日的成本，
扣除累积摊销及减值11,683
Aditions 增添18,745
Amortisation provided during the year 年内摊销拨备(8,288)
At 31 December, net of
acumulated amortisation and impairment
于12月31日，
扣除累积摊销及减值22,140
At 31 December:于12月31日：
Cost 成本62,529
Acumulated amortisation 累积摊销(38,648)
Impairment 减值(1,741)
Net carying amount账面净值22,140
| 71,778 |
|---|
| 71,778 |
| 38,504 |
|---|
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
16. 透过损益按公允价值列账
的金融资产
以上于2024年及2023年12月31日
的投资分类为透过损益按公允价值
列账的金融资产，原因是本集团并
无选择透过其他全面收益确认公允
价值收益或亏损。
16. FINANCIAL ASETS AT FAIR VALUE
THROUGH PROFIT OR LOS
31 December
31 December
2024年
12月31日
2023年
12月31日
RMB’000RMB’000
人民币千元人民币千元
Financial asets at fair value
through profit or los
透过损益按公允价值
列账的金融资产
Curent流动
Unlisted investments, at fair value 非上市投资，按公允价值109,514
Total总计109,514
31 December
31 December
2024年
12月31日
2023年
12月31日
RMB’000RMB’000
人民币千元人民币千元
Non-curent非流动
Unlisted investments, at fair value 非上市投资，按公允价值36,915
The above investments at 31 December 2024 and 2023
were clasified as financial asets at fair value through profit
or los as the Group has not elected to recognise the fair
value gain or los through other comprehensive income.
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
16. 透过损益按公允价值列账
的金融资产（续）
本集团持有中国内地的非上市公司
成都忠捷置业有限公司（「忠捷置
业」）的9%股权。忠捷置业的主要
业务为发展及销售物业。
本集团投资非上市单位信托基金。
本公司管理层考虑出售有关投资及
将其分类为流动资产。
本集团持有中国内地的非上市公司
大连海昌嘉悦置业发展有限公司
（「嘉悦置业发展」）的2.45%股权。
嘉悦置业发展的主要业务为发展及
管理物业。
本集团持有大连博涛文化科技股份
有限公司（「博涛文化科技」）的10%
股权，该公司于中国内地的新三板
挂牌。博涛文化科技的主要业务为
向高科技文旅项目提供整体解决方
案。本公司董事考虑出售有关投资
及将其分类为流动资产。
本集团持有中国内地的非上市公司
上海港昶置业有限公司（「港昶置
业」）的5%股权。港昶置业的主要
业务为发展及管理物业。
16. FINANCIAL ASETS AT FAIR VALUE
THROUGH PROFIT OR LOS (continued)
The Group held a 9% equity interest in an unlisted company,
成都忠捷置业有限公司 (“Zhongjie Property”) in Chinese
Mainland. The principal busines of Zhongjie Property is the
development and sale of properties.
The Group invested in an unlisted unit trust fund. The
management of the Company considers to dispose of the
investment and clasifies it as a curent aset.
The Group held a 2.45% equity interest in an unlisted
company, 大连海昌嘉悦置业发展有限公司 (“Jiayue Property
Development”) in Chinese Mainland. The principal busines
of Jiayue Property Development is the development and
management of properties.
The Group held a 10% equity interest in 大连博涛文化科技股
份有限公司 (“Betop Culture Technology”), a company listed
on the New Over-the-Counter Market in Chinese Mainland.
The principal busines of Betop Culture Technology is the
provision of comprehensive solutions for high-tech cultural
tourism projects. The directors of the Company considers to
dispose of the investment and clasified it as curent aset.
The Group held a 5% equity interest in an unlisted company,
上海港昶置业有限公司 (“Gangchang Property”) in Chinese
Mainland. The principal busines of Gangchang Property is
the development and management of properties.
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
16. FINANCIAL ASETS AT FAIR VALUE
THROUGH PROFIT OR LOS (continued)
The Group held an 8% equity interest in an unlisted
company, 长沙欢乐海洋公园有限公司 (“Changsha Park”)
in Chinese Mainland. The principal busines of Changsha
Park is the operation of an aquarium. The directors of the
Company considers to further dispose of the remaining
equity interest in this investment and clasified it as curent
asets.
16. 透过损益按公允价值列账
的金融资产（续）
本集团持有中国内地的非上市公司
长沙欢乐海洋公园有限公司（「长沙
公园」）的8%股权。长沙公园的主
要业务为经营水族馆。本公司董事
考虑进一步出售该项投资的余下股
权，并将其分类为流动资产。
| 9,339 | 1,819 | 3,704 | 71,152 | 87,818 | 173,832 |
|---|
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
- ╱负债
递延税项负债及资产的变动如下：
递延税项负债
17. DEFERED TAX ASETS/LIABILITIES
The movements in defered tax liabilities and asets are as
folows:
Defered tax liabilities
Fair value
adjustments
of financial
asets at fair
value through
profit or los
Interest
capitalised
Rental income
recognised
Right-of-use
asets
Temporary
diferences
resulting from
fair value
changesTotal
透过损益按
公允价值列账的
金融资产的
公允价值调整资本化利息已确认租金收入使用权资产
公允价值
变动产生的
暂时性差额总计
RMB’000RMB’000RMB’000RMB’000RMB’000RMB’000
人民币千元人民币千元人民币千元人民币千元人民币千元人民币千元
At 1 January 2023于2023年1月1日2,7071,8191,97926,60248,33081,437
Charged to the statement of
profit or los (note 10)
于损益表中扣除（附注10）
2,945–6618,13412,14123,881
Recognized in other
comprehensive income
于其他全面收益确认
–7,4167,416
As at 31 December 2023
and 1 January 2024
于2023年12月31日及
2024年1月1日5,6521,8192,64034,73667,887112,734
Charged to the statement of
profit or los (note 10)
于损益表中扣除（附注10）
3,687–1,06436,4168,07649,243
Recognised in other
comprehensive income
于其他全面收益确认
–11,85511,855
Gros defered tax liabilities
as at 31 December 2023
于2023年12月31日的
递延税项负债总额
| 50,444 | 71,152 | – | 3,609 | 16,083 | 141,288 |
|---|
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
- ╱负债（续）
递延税项资产
17. DEFERED TAX ASETS/LIABILITIES
(continued)
Defered tax asets
Loses
available for
ofseting
against future
taxable profits
Lease
liabilities
Government
grants
Impairment
of financial
and contract
asets
Acruals
and other
payablesTotal
可供用以抵销
未来应课税
溢利的亏损租赁负债政府补贴
金融及合约
资产减值
应计费用及
其他应付款项总计
RMB’000RMB’000RMB’000RMB’000RMB’000RMB’000
人民币千元人民币千元人民币千元人民币千元人民币千元人民币千元
At 1 January 2023
于2023年1月1日
3,33126,6025293,73418,47552,671
Credited/(charged) to the
statement of profit or los
(note 10)
于损益表中计入╱（扣除）
（附注10）
20,2368,134(529)955(1,142)27,654
As at 31 December 2023 and
1 January 2024
于2023年12月31日及
2024年1月1日23,56734,736–4,68917,33380,325
Credited/(charged) to the
statement of profit or los
(note 10)
于损益表中计入╱（扣除）
（附注10）
26,87736,416–（1,080）（1,250）60,963
Gros defered tax asets as at
31 December 2024
于2024年12月31日的
递延税项资产总额
| 44,896 |
|---|
| (77,440) |
| (32,544) |
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
17. DEFERED TAX ASETS/LIABILITIES
(continued)
Defered tax asets (continued)
For the purpose of the financial statement presentation,
certain defered tax asets and liabilities have ben ofset.
The folowing is an analysis of the defered tax balances of
the Group for financial reporting purposes:
31 December
31 December
2024年
12月31日
2023年
12月31日
RMB’000RMB’000
人民币千元人民币千元
Net defered tax asets recognised
in the consolidated statement of
financial position
于合并财务状况表内
已确认的
净递延税项资产34,136
Net defered tax liabilities recognised
in the consolidated statement of
financial position
于合并财务状况表内
已确认的
净递延税项负债(66,545)
(32,409)
- ╱负债（续）
递延税项资产（续）
就财务报表的呈列方式而言，若干
递延税项资产及负债已予抵销。以
下为就财务报告目的而对本集团递
延税项结余作出的分析：
| 2,106,683 |
|---|
| 1,260,106 |
| 3,366,789 |
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
- ╱负债（续）
递延税项资产（续）
并无就以下各项确认递延税项资
产：
根据香港的法律及法规，于香港产
生的税项亏损可无限期结转以用于
抵销产生亏损的公司的未来应课税
溢利。根据中国的法律及法规，于
中国内地产生的税项亏损可结转五
年以用于抵销未来应课税溢利。由
于不认为可能有应课税溢利可供动
用以上项目，故并无就上述项目确
认递延税项资产。
17. DEFERED TAX ASETS/LIABILITIES
(continued)
Defered tax asets (continued)
Defered tax asets have not ben recognised in respect of
the folowing items:
31 December
31 December
2024年
12月31日
2023年
12月31日
RMB’000RMB’000
人民币千元人民币千元
Tax loses税项亏损1,610,491
Deductible temporary diferences可扣税暂时差额1,240,526
2,851,017
In acordance with the Hong Kong laws and regulations,
tax loses arising in Hong Kong are available indefinitely for
ofseting against future taxable profits of the companies in
which the loses arose. In acordance with the PRC laws
and regulations, tax loses arising in Chinese Mainland
could be caried forward for a period of five years to ofset
against future taxable profits. Defered tax asets have not
ben recognised in respect of the above items as it is not
considered probable that taxable profits wil be available
against which the above item can be utilised.
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
17. DEFERED TAX ASETS/LIABILITIES
(continued)
Defered tax asets (continued)
The Group is liable for witholding taxes on dividends
distributed by those subsidiaries established in Chinese
Mainland in respect of earnings generated from 1 January
2008. The aplicable rate is 5% for the Group.
Pursuant to a resolution of the board of directors of the
Company, the Group’s subsidiaries wil not distribute
earnings derived up to 31 December 2013. The agregate
amount of temporary diferences asociated with
investments in subsidiaries in Chinese Mainland for which
defered tax liabilities have not ben recognised totaled
aproximately RMB44,572,000 as at 31 December 2024
(2023: RMB44,572,000).
18. PLEDGE OF ASETS
Details of the Group’s asets pledged for the Group’s bank
and other borowings are included in note 29 to the financial
statements.
- ╱负债（续）
递延税项资产（续）
本集团须就自2008年1月1日起产生
之盈利，按于中国内地成立的该等
附属公司分派之股息征收预扣税。
本集团的适用税率为5%。
根据本公司董事会之决议案，本集
团的附属公司将不会分派直至2013
年12月31日的有关盈利。于2024
年12月31日，与中国内地附属公
司投资有关而并未确认递延税项负
债的暂时差异总额合共约为人民币
44,572,000元（2023年：人民币
44,572,000元）。
18. 资产抵押
有关本集团为其银行及其他借款抵
押的资产详情载于财务报表附注
29。
| 299,849 |
|---|
| 147 |
| 299,996 |
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
19. COMPLETED PROPERTIES HELD FOR
SALE
The Group’s properties held for sale are situated in the
PRC. Al the properties held for sale are stated at the lower
of cost or net realisable value.
20. PROPERTIES UNDER DEVELOPMENT
31 December
31 December
2024年
12月31日
2023年
12月31日
RMB’000RMB’000
人民币千元人民币千元
Carying amount at 1 January于1月1日的账面值299,789
Aditions增添60
Carying amount at 31 December于12月31日的账面值299,849
The properties under development are located in Chinese
Mainland with lease terms of 40 years.
19. 持作出售的已落成物业
本集团持作出售的物业位于中国。
所有持作出售的物业按成本或可变
现净值的较低者列账。
20. 发展中物业
发展中物业位于中国内地，租赁期
为40年。
| 63,039 |
|---|
| (969) |
| 62,070 |
| 94,845 |
|---|
| (44,223) |
| 50,622 |
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
21. 存货
22. 贸易应收款项
本集团与其机构性客户及租户的交
易条款主要以信贷为主。信贷期通
常为一个月，而主要客户则获延长
至最长达三个月。每名客户已设定
最高的信贷限额。本集团致力严格
监控未收回的应收款项，并设有信
贷监控部门以尽量减低信贷风险。
高级管理层定期检讨逾期结余。
于2024年12月31日，由于本集团
5.74%（2023年：34.14%）的贸易
应收款项乃应收本集团其中一名债
务人的款项，故本集团面对若干集
中的信贷风险。贸易应收款项为不
计息。
21. INVENTORIES
31 December
31 December
2024年
12月31日
2023年
12月31日
RMB’000RMB’000
人民币千元人民币千元
Merchandise商品54,975
Provision for impairment减值拨备(838)
Net carying amount账面净值54,137
22. TRADE RECEIVABLES
31 December
31 December
2024年
12月31日
2023年
12月31日
RMB’000RMB’000
人民币千元人民币千元
Trade receivables贸易应收款项99,831
Les: Provision for doubtful debts减：呆账拨备(53,622)
Net carying amount账面净值46,209
The Group’s trading terms with its institutional customers
and tenants are mainly on credit. The credit period is
generaly one month, extending up to thre months for
major customers. Each customer has a maximum credit
limit. The Group seks to maintain strict control over its
outstanding receivables and has a credit control department
to minimise credit risk. Overdue balances are reviewed
regularly by senior management. At 31 December 2024, the
Group had certain concentrations of credit risk as 5.74%
(2023: 34.14%) of the Group’s trade receivables were due
from one of the Group’s debtors. Trade receivables are non-
interest-bearing.
| 45,881 |
|---|
| 729 |
| 4,012 |
| 50,622 |
| 53,622 |
|---|
| (9,399) |
| – |
| 44,223 |
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
- （续）
贸易应收款项于报告期末基于发票
日期扣除亏损拨备的账龄分析如
下：
贸易应收款项减值亏损拨备的变动
如下：
22. TRADE RECEIVABLES (continued)
An ageing analysis of the trade receivables as at the end of
the reporting period, based on the invoice date, net of los
alowance, is as folows:
31 December
31 December
2024年
12月31日
2023年
12月31日
RMB’000RMB’000
人民币千元人民币千元
Within 90 days90日内27,299
Over 90 days and within one year超过90日及1年内1,339
Over one year超过1年17,571
Total总计46,209
The movements in the los alowance for impairment of
trade receivables are as folows:
31 December
31 December
2024年
12月31日
2023年
12月31日
RMB’000RMB’000
人民币千元人民币千元
At begining of year于年初56,281
Impairment loses, net减值亏损净额950
Amount writen of as uncolectible已撇销为不可收回的金额(3,609)
At end of year于年末53,622
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
- （续）
本集团于各报告日期采用一个拨备
矩阵进行减值分析，以计量预期信
贷亏损。拨备率根据具有类似亏损
模式的多个客户群组别（即按客户类
型划分）的账龄而厘定。该计算反映
概率加权结果、货币时间价值及于
报告日期可得有关过去事项、当前
状况及未来经济状况预测的合理及
有根据资料。
22. TRADE RECEIVABLES (continued)
An impairment analysis is performed at each reporting date
using a provision matrix to measure expected credit loses.
The provision rates are based on ageing for groupings of
various customer segments with similar los paterns (i.e.,
by customer type). The calculation reflects the probability-
weighted outcome, the time value of money and reasonable
and suportable information that is available at the reporting
date about past events, curent conditions and forecasts of
future economic conditions.
| 5.64% | 64.61% | 90.92% | 46.63% |
|---|---|---|---|
| 48,624 | 2,060 | 44,161 | 94,845 |
| 2,743 | 1,331 | 40,149 | 44,223 |
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
- （续）
以下载列本集团采用拨备矩阵计量
贸易应收款项信贷风险承担的资
料：
于2024年12月31日
于2023年12月31日
22. TRADE RECEIVABLES (continued)
Set out below is the information about the credit risk
exposure on the Group’s trade receivables using a provision
matrix:
As at 31 December 2024
Ageing
账龄
Within
90 days
Over
90 days
and within
one year
Over
one yearTotal
90日内
超过90日及
1年内超过1年总计
Expected credit los rate预期信贷亏损率
Gros carying amount
(RMB’000)
账面总值
（人民币千元）
Expected credit loses
(RMB’000)
预期信贷亏损
（人民币千元）
As at 31 December 2023
Ageing
账龄
Within
90 days
Over
90 days
and within
one year
Over
one yearTotal
90日内
超过90日及
1年内超过1年总计
Expected credit los rate预期信贷亏损率9.28%76.61%72.55%53.71%
Gros carying amount
(RMB’000)
账面总值
（人民币千元）30,0905,72464,01799,831
Expected credit loses
(RMB’000)
预期信贷亏损
（人民币千元）2,7914,38546,44653,622
| 870,624 |
|---|
| 63,700 |
| 66,104 |
| – |
| 46,633 |
| 33,600 |
| – |
| 66,321 |
| 3,161 |
| 1,150,143 |
| (872,331) |
| 277,812 |
| (50,478) |
| 227,334 |
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
23. 预付款项及其他应收款项23. PREPAYMENTS AND OTHER
RECEIVABLES
31 December
31 December
2024年
12月31日
2023年
12月31日
RMB’000RMB’000
人民币千元人民币千元
Prepayments for constructions and
property, plant and equipment
建设以及物业、厂房及
设备预付款项76,544
Land prepayment土地预付款项63,700
Prepaid expenses预付开支77,104
Earnest deposit for acquisition of
subsidiaries
收购附属公司诚意金
101,875
Deductible or refundable value aded tax可扣减或可退回增值税88,946
Receivable for proceds from disposal of
an equity interest in an asociate
应收出售于一间联营公司
股权所得款项33,600
Deposit for an aditional capital injection
as a non-controling equity holder
作为非控股权益持有人
额外注资的按金44,813
Other deposits and receivables其他按金及应收款项93,917
Due from related companies应收关联公司款项3,347
583,846
Les: Non-curent portion减：非流动部分(146,630)
Total总计437,216
Provision for impairment减值拨备(41,529)
Net carying amount账面净值395,687
- , biding
deposits and cash deposits relating to project construction
works which are refundable after constructions, and other
miscelaneous receivables.
* 该款项包括与项目建设工程有关的
建设保证金、投标按金及现金存款
（有关款项可于建设后退回）以及其
他杂项应收款项。
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
23. 预付款项及其他应收款项
（续）
其他应收款项及按金的预期信贷亏
损拨备乃基于有关违约风险及预期
亏损率的假设。于各报告期间末，
本集团在作出该等假设及选择减值
计算输入数据时，基于本集团的过
往历史、现行市况及前瞻性估计
运用判断。于2024年12月31日，
所采用的亏损率介乎5%至100%
（2023年：9%至100%）。截至
2024年12月31日止年度，减值亏
损约人民币8,949,000元（2023年：
减值拨回人民币9,041,000元）已于
损益确认。
于2024年12月31日的预付款项结
余包括向一间关联公司预付的长期
款项人民币63,700,000元（2023
年：人民币63,700,000元）。
该等应收关联公司款项为不计息、
无抵押及须于要求时偿还。由于到
期日相对较短，该等结余的账面值
与其公允价值相若。
23. PREPAYMENTS AND OTHER
RECEIVABLES (Continued)
The provision of expected credit los for other receivables
and deposits are based on asumption about risk of default
and expected los rates. The Group use judgment in
making these asumptions and selecting the inputs to the
impairment calculation, based on the Group’s past history,
existing market conditions as wel as forward-loking
estimates at the end of each reporting period. The los rate
aplied as at 31 December 2024 ranged from 5% to 100%
(2023: 9% to 100%). During the year ended 31 December
2024, impairment los of aproximately RMB8,949,000
(2023: reversal of impairment RMB9,041,000) has ben
recognised in profit or los.
The balance of prepayments as at 31 December 2024
includes long-term prepayment of RMB63,700,000 to a
related company (2023: RMB63,700,000).
The amounts due from related companies are interest-fre,
unsecured and repayable on demand. The carying amounts
of these balances aproximate to their fair values due to
their relatively short maturity terms.
| 4,071 | – | – | 4,071 |
|---|
| – |
|---|
| 6 |
| – |
| 6 |
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
24. BIOLOGICAL ASETS
Sea lionsSealsDolphinsTotal
海狮海豹海豚总计
RMB’000RMB’000RMB’000RMB’000
人民币千元人民币千元人民币千元人民币千元
At 31 December 2023 and
1 January 2024
于2023年12月31日及
2024年1月1日5,7605457007,005
Writen-of撇销(681)(545)(700)(1,926)
Fair value change (note 7)公允价值变动（附注7）(1,008)–(1,008)
At 31 December 2024于2024年12月31日
At 31 December 2022 and
1 January 2023
于2022年12月31日及
2023年1月1日5,7565247006,980
Fair value change (note 7)公允价值变动（附注7）421–25
At 31 December 2023于2023年12月31日5,7605457007,005
The biological asets of the Group are al marine animals
at various stages of development in Chinese Mainland,
including sea lions, seals and dolphins which are clasified
as curent asets. The quantities of sea lions, seals and
dolphins owned by the Group at the end of 2024 and 2023
are as folows:
31 December
31 December
2024年
12月31日
2023年
12月31日
HeadHead
头
Sea lions海狮11
Seals海豹6
Dolphins海豚1
Total总计18
24. 生物资产
本集团的生物资产指在中国内地处
于不同成长阶段的所有海洋生物，
包括海狮、海豹及海豚，乃分类
为流动资产。于2024年及2023年
末，本集团所拥有的海狮、海豹及
海豚数量如下：
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
- （续）
本集团面对多种与其生物资产有关
的风险。本集团面临以下经营风
险：
(i) 监管及环境风险
本集团须遵守其经营海狮、海
豹及海豚繁殖所在地的法律及
规例。本集团已制定以符合当
地环境及其他法例为目标的环
境政策及程序。管理层定期进
行检讨，以确定环境风险及确
保已设立的系统足以管理此等
风险。
(i) 气候、疾病及其他自然风
险
本集团的生物资产面对气候变
化、疾病及其他自然力量所造
成的损害风险。本集团设有广
泛的流程以监察及缓减有关风
险，包括定期检查、疾病控制
及保险。
本集团的生物资产于2024年
12月31日根据采用收入法
所作的估值而重估为人民币
4,071,000元。公允价值指于
估值当日由知情和有意交易的
买卖双方之间在公平磋商的交
易中将资产转手的市值金额。
本集团的动物保育经理及财务
总监会于就中期及年度财务报
告进行估值时讨论估值假设及
估值结果，每年两次。
24. BIOLOGICAL ASETS (continued)
The Group is exposed to a number of risks related to its
biological asets. The Group is exposed to the folowing
operating risks:
(i) Regulatory and environmental risks
The Group is subject to laws and regulations in the
location in which it operates breding of sea lions,
seals and dolphins. The Group has established
environmental policies and procedures aiming at
complying with local environmental and other laws.
Management performs regular reviews to identify
environmental risks and to ensure that the systems in
place are adequate to manage these risks.
(i) Climate, disease and other natural risks
The Group’s biological asets are exposed to the risk
of damage from climatic changes, diseases and other
natural forces. The Group has extensive proceses in
place aiming at monitoring and mitigating those risks,
including regular inspections, disease controls and
insurance.
The Group’s biological asets were revalued on 31
December 2024 based on valuations performed, using
the income aproach, at RMB4,071,000. The fair value
represents the amount of market value at which the
asets could be exchanged betwen a knowledgeable,
wiling buyer and a knowledgeable, wiling seler in an
arm’s length transaction at the date of valuation. The
Group’s conservation manager and the chief financial
oficer have discusions on the valuation asumptions
and valuation results twice a year when the valuation is
performed for interim and anual financial reporting.
| – | – | 4,071 | 4,071 |
|---|
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
24. BIOLOGICAL ASETS (continued)
Fair value hierarchy
The folowing table ilustrates the fair value measurement
hierarchy of the Group’s biological asets:
Fair value measurement
as at 31 December 2024 using
使用以下各项于2024年12月31日进行的公允价值计量
Quoted
prices in
active
markets
Significant
observable
inputs
Significant
unobservable
inputsTotal
(Level 1)(Level 2)(Level 3)
于活跃市场
的报价
（第一级）
重大可观察
输入数据
（第二级）
重大不可观察
输入数据
（第三级）
总计
RMB’000RMB’000RMB’000RMB’000
人民币千元人民币千元人民币千元人民币千元
Recuring fair value
measurement for:
经常性公允价值
计量：
Biological asets 生物资产
Fair value measurement
as at 31 December 2023 using
使用以下各项于2023年12月31日进行的公允价值计量
Quoted
prices in
active
markets
Significant
observable
inputs
Significant
unobservable
inputsTotal
(Level 1)(Level 2)(Level 3)
于活跃市场
的报价
（第一级）
重大可观察
输入数据
（第二级）
重大不可观察
输入数据
（第三级）
总计
RMB’000RMB’000RMB’000RMB’000
人民币千元人民币千元人民币千元人民币千元
Recuring fair value
measurement for:
经常性公允价值
计量：
Biological asets 生物资产–1,9265,0797,005
- （续）
公允价值等级
下表列明本集团的生物资产的公允
价值计量等级：
| 5,079 |
|---|
| (1,008) |
| 4,071 |
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
24. BIOLOGICAL ASETS (continued)
Fair value hierarchy (continued)
During the year ended 31 December 2024, there were no
transfers of fair value measurements betwen Level 1 and
Level 2 and no transfers into or out of Level 3.
Reconciliation of fair value measurements categorised within
Level 3 of the fair value hierarchy:
31 December
31 December
2024年
12月31日
2023年
12月31日
RMB’000RMB’000
人民币千元人民币千元
Carying amount at 1 January于1月1日的账面值5,079
Fair value change公允价值变动–
Carying amount at 31 December于12月31日的账面值5,079
- （续）
公允价值等级（续）
于截至2024年12月31日止年度，
第一级及第二级公允价值计量之间
并无转移，亦无转至或转自第三级。
分类至公允价值等级第三级内的公
允价值计量的对账：
| N/A |
|---|
| 不适用 |
| N/A |
| 不适用 |
| 189-196 |
| 10.8% |
| 10 |
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
24. BIOLOGICAL ASETS (continued)
Fair value hierarchy (continued)
Below is a sumary of the valuation techniques used and
the key inputs to the valuation of biological asets:
Valuation
technique
Significant
unobservable
inputs
Range or
weighted
average
Range or
weighted
average
估值方法重大不可观察输入数据
范围或
加权平均数
范围或
加权平均数
2024年2023年
Sea lions other than South
American sea lions, seals
and dolphins
Market methodMarket price
(RMB’000/head)
90-700
海狮（不包括南美海狮）、
海豹及海豚
市场法市场价格
（人民币千元╱头）
Transaction cost
(RMB’000/head)
0-18
交易成本
（人民币千元╱头）
South American sea lionsIncome methodMarket yearly rental
(RMB’000/head)
189-197
南美海狮收入法市场每年租金
（人民币千元╱头）
Discount rate11.0%
折现率
Economic life (year)10
经济寿命（年）
Under the market method, fair value is estimated based on
the market-determined prices adjusted with reference to
the species, age, growing condition and cost incured to
reflect diferences in characteristics and/or stages of growth
of biological asets les transaction costs to sel. Under the
income method, fair value is estimated using asumptions
regarding the benefits and liabilities of ownership over
the aset’s life including an exit or terminal value. This
method involves the projection of a series of cash flows on
a biological aset interest. A market-derived discount rate
is aplied to the projected cash flow in order to establish
the present value of the income stream asociated with the
aset.
- （续）
公允价值等级（续）
以下为生物资产估值所用的估值方
法及主要输入数据之概要：
根据市场法，公允价值乃根据市场
厘定价格厘定，其按照物种、年
龄、成长情况及已产生成本作出调
整，以反映生物资产在成长特征
及╱或阶段方面的差异，并减去出
售的交易成本。根据收入法，公允
价值乃采用有关资产寿命内所有权
收益及负债的假设进行估计（包括退
出价值或终端价值）。该方法涉及对
生物资产权益的一连串现金流量的
预测。市场衍生的折现率适用于预
测现金流量以便确立与资产有关的
收入流的现值。
| 64,738 |
|---|
| – |
| 64,738 |
| (11,464) |
| 53,274 |
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
24. BIOLOGICAL ASETS (continued)
Fair value hierarchy (continued)
A significant increase (decrease) in the market price,
market yearly rental and economic life in isolation would
result in a significant increase (decrease) in the fair value
of the biological asets. A significant increase (decrease)
in transaction cost, discount rate in isolation would result
in a significant decrease (increase) in the fair value of the
biological asets.
25. CASH AND CASH EQUIVALENTS AND
PLEDGED DEPOSITS
31 December
31 December
2024年
12月31日
2023年
12月31日
RMB’000RMB’000
人民币千元人民币千元
Cash and bank balances现金及银行结余1,708,176
Les: Pledged for interest-bearing bank loans
(note 29)
减：已就计息银行贷款抵押
（附注29）(5,912)
Unpledged cash and cash equivalents无抵押现金及现金等值物1,702,264
Les: Frozen or restricted cash and
bank balances*
减：被冻结或受限制现金及
银行结余*(6,854)
Unpledged, unfrozen and unrestricted cash
and cash equivalents
无抵押、无冻结及不受限制
现金及现金等值物1,695,410
- , certain bank acounts of the Group
of RMB11,464,000 (2023: RMB6,854,000) were frozen by
certain court for preservation.
- （续）
公允价值等级（续）
市场价格、市场每年租金及经济寿
命单独大幅增加（减少）将导致生物
资产的公允价值大幅增加（减少）。
交易成本、折现率单独大幅增加（减
少）将导致生物资产的公允价值大幅
减少（增加）。
25. 现金及现金等值物以及已
抵押存款
- ，本集团若干
银行账户涉款人民币11,464,000元
（2023年：人民币6,854,000元）被
某法院冻结保全。
| 935,049 |
|---|
| 100,000 |
| 1,035,049 |
| – |
| 1,035,049 |
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
25. CASH AND CASH EQUIVALENTS AND
PLEDGED DEPOSITS (continued)
At the end of the reporting period, the cash and
bank balances and the time deposits of the Group
denominated in RMB amounted to RMB63,147,000 (2023:
RMB1,706,591,000). The RMB is not frely convertible
into other curencies, however, under Chinese Mainland’s
Foreign Exchange Control Regulations and Administration
of Setlement, Sale and Payment of Foreign Exchange
Regulations, the Group is permited to exchange RMB
for other curencies through banks authorised to conduct
foreign exchange busines.
Cash at banks earns interest at floating rates based on
daily bank deposit rates. The cash and bank balances and
pledged bank balances are deposited with creditworthy
banks with no recent history of default. The carying
amounts of the cash and cash equivalents and the pledged
bank balances aproximate to their fair values.
26. TRADE AND BILS PAYABLES
31 December
31 December
2024年
12月31日
2023年
12月31日
RMB’000RMB’000
人民币千元人民币千元
Trade payables贸易应付款项1,401,731
Bils payables应付票据–
1,401,731
Les: Non-curent portion减：非流动部分(666,170)
Curent portion流动部分735,561
The folowing is an aged analysis of trade payable presented
based on the invoice date:
25. 现金及现金等值物以及已
抵押存款（续）
于报告期末，本集团以人民币计值
的现金及银行结余以及定期存款为
人民币63,147,000元（2023年：
人民币1,706,591,000元）。人民币
不可自由兑换为其他货币，然而，
依据中国内地的外汇管制条例及结
汇、售汇及付汇管理规定，本集团
获准通过获授权进行外汇业务的银
行将人民币兑换为其他货币。
银行现金根据每日银行存款利率按
浮动利率赚取利息。现金及银行结
余以及已抵押银行结余存入信誉良
好且近期并无拖欠记录的银行。现
金及现金等值物以及已抵押银行结
余的账面值与其公允价值相若。
26. 贸易应付款项及应付票据
以下为基于发票日期呈列的贸易应
付款项账龄分析：
| 501,749 |
|---|
| 433,300 |
| 935,049 |
| 296,509 |
|---|
| 458,571 |
| 23,432 |
| 496 |
| 779,008 |
| (23,575) |
| 755,433 |
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
26. TRADE AND BILS PAYABLES (continued)
31 December
31 December
2024年
12月31日
2023年
12月31日
RMB’000RMB’000
人民币千元人民币千元
Within one year一年内840,751
Over one year超过一年560,980
Total总计1,401,731
The trade payables are non-interest-bearing and are
normaly setled on terms of 30 to 180 days other than the
trade payables to those supliers agreing to extend the
credit period to more than one year from 31 December
2024.
During the year ended 31 December 2023, the Group
has ben granted extended credit terms by certain
of the Group’s supliers and service providers for
RMB723,159,000, after discounting, for repayment of trade
payables to be due after 31 December 2024.
The fair values of trade payables aproximate to their
carying amounts.
27. OTHER PAYABLES AND ACRUALS
31 December
31 December
2024年
12月31日
2023年
12月31日
NotesRMB’000RMB’000
附注人民币千元人民币千元
Contract liabilities合约负债(a)264,959
Other payables其他应付款项(b)495,874
Acruals应计费用21,821
Due to related companies应付关联公司款项3,782
Total总计786,436
Les: Non-curent portion减：非流动部分(104,971)
Curent portion流动部分681,465
26. 贸易应付款项及应付票据
（续）
贸易应付款项为不计息，而除同意
自2024年12月31日起将信贷期延
长至一年以上的供应商的贸易应付
款项外，一般按30日至180日的账
期支付。
截至2023年12月31日止年度，本
集团已获其若干供应商及服务提供
商延长信贷期，可于2024年12月
31日后偿还将到期的贸易应付款项
人民币723,159,000元（折让后）。
贸易应付款项的公允价值与其账面
值相若。
27. 其他应付款项及应计费用
| 279,309 |
|---|
| 17,200 |
| 296,509 |
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
27. OTHER PAYABLES AND ACRUALS
(continued)
Notes:
(a) Details of contract liabilities are as folows:
31 December
31 December
2024年
12月31日
2023年
12月31日
RMB’000RMB’000
人民币千元人民币千元
Short-term advances received from customers客户提供的短期垫款
Park operation公园营运226,687
Consultancy and management service咨询及管理服务38,272
Total总计264,959
Contract liabilities include park operation services,
consultancy and management services. The increase in
contract liabilities in 2024 was mainly due to the increase
in short-term advances received from customers in relation
to the provision of park operation services, consultancy and
management services at the end of the year.
(b) Except for the non-curent portion of other payables which
are repayable after one year from 31 December 2024, the
remaining other payables are unsecured, non-interest-bearing
and repayable on demand.
28. ADVANCES FROM CUSTOMERS
Advances from customers mainly represent rentals received
in advance for the Group as a lesor.
27. 其他应付款项及应计费用
（续）
附注：
(a) 合约负债详情如下：
合约负债包括公园营运服务、咨询
及管理服务。合约负债于2024年增
加，主要由于年底就提供公园营运
服务、咨询及管理服务而收取客户
的短期垫款增加所致。
(b) 除须于2024年12月31日起计一年后
偿还的其他应付款项的非流动部分
外，余下其他应付款项为无抵押、
不计息及须于要求时偿还。
28. 客户预付款
客户预付款主要指本集团作为出租
人预先收取的租金。
| 6-12 | on demand or 2025 按要求或 2025年 | 231,578 |
|---|---|---|
| 3-12 | on demand or 2025 按要求或 2025年 | 357,629 |
| 5-8 | 2025 | 971,776 |
| 1,560,983 | ||
| 7 | 2025 | 27,353 |
| 1,588,336 | ||
| 7-12 | 2026-2028 | 120,020 |
| 4-6 | 2026-2033 | 4,217,414 |
| 4,337,434 | ||
| 7 | 2026-2033 | 267,995 |
| 4,605,429 | ||
| 6,193,765 | ||
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
29. INTEREST-BEARING BANK AND OTHER
BOROWINGS AND LEASE LIABILITIES
31 December 202431 December 2023
2024年12月31日2023年12月31日
Efective
Interest
rate (%)MaturityRMB’000
Efective
Interest
rate (%)MaturityRMB’000
实际利率
(%)到期日人民币千元
实际利率
(%)到期日人民币千元
Curent流动
Other loans – secured其他贷款－有抵押
7-12202496,065
Bank loans – secured银行贷款－有抵押
3-52024317,904
Curent portion of long term
bank loans – secured
长期银行贷款的
流动部分－有抵押4-72024989,566
Subtotal of interest-bearing
bank and other borowings
计息银行及
其他借款小计1,403,535
Lease liabilities (note 14(b)租赁负债（附注14(b)）7202435,087
Total – curent总计－流动1,438,622
Non-curent非流动
Other loans – secured其他贷款－有抵押7-122025-2028164,993
Bank loans – secured银行贷款－有抵押4-72025-20334,574,340
Subtotal of interest-bearing
bank and other borowings
计息银行及
其他借款小计4,739,333
Lease liabilities (note 14(b)租赁负债（附注14(b)）72025-2033121,017
Total – non-curent总计－非流动4,860,350
Total总计6,298,972
29. 计息银行及其他借款及租
赁负债
| 2,671,959 |
|---|
| 3,521,806 |
| 6,193,765 |
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
29. INTEREST-BEARING BANK AND OTHER
BOROWINGS AND LEASE LIABILITIES
(continued)
* The Group entered into certain sale and leaseback
agrements on certain of its property, plant and equipment
and investment properties. These agrements were in
substance acounted for as financing arangements to obtain
secured loans with an agregate amount of RMB201,598,000
at 31 December 2024 (2023: RMB231,058,000). The carying
value of the Group’s underlying asets at 31 December 2024
under the aforesaid arangements was RMB120,478,000
(2023: RMB150,168,000).
Haichang China, a subsidiary of the Company, entered into
agrements with a financial institution which was guaranted
by Mr. Qu Cheng, a director of the Company, for certain
borowings of RMB30,000,000 to the Group at 31 December
2023.
Haichang China Invest, a subsidiary of the Company, entered
into agrements with an independent third party for a
borowing of RMB150,000,000 to the Group at 31 December
2024. The borowing was overdue as at 31 December 2024.
An analysis of the carying amounts of borowings by type of
interest rate is as folows:
2024年2023年
RMB’000RMB’000
人民币千元人民币千元
Fixed interest rate固定利率2,251,247
Variable interest rate浮动利率4,047,725
Total总计6,298,972
29. 计息银行及其他借款及租
赁负债（续）
- 、厂房及设备
及投资物业订立了若干销售及回租
协议。此等协议实质上入账列为融
资安排，以获取有抵押贷款，于
2024年12月31日的总额为人民币
201,598,000元（2023年：人民币
231,058,000元）。本集团于上述安
排下的相关资产于2024年12月31日
的账面值为人民币120,478,000元
（2023年：人民币150,168,000元）。
本公司的附属公司海昌中国就于
2023年12月31日本集团已获授的若
干借款人民币30,000,000元与一间
金融机构订立协议，由本公司董事
曲程先生担保。
本公司的附属公司海昌中国投资就
于2024年12月31日向本集团借款人
民币150,000,000元与一名独立第三
方订立协议。于2024年12月31日，
有关借款到期未偿还。
对按利率类型划分的借款账面值之
分析如下：
| 1,329,405 |
|---|
| 1,322,820 |
| 1,872,554 |
| 1,022,040 |
| 5,546,819 |
| 231,578 |
| 39,372 |
| 80,648 |
| 351,598 |
| 27,353 |
| 33,839 |
| 50,406 |
| 183,750 |
| 295,348 |
| 6,193,765 |
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
29. INTEREST-BEARING BANK AND OTHER
BOROWINGS AND LEASE LIABILITIES
(continued)
31 December
31 December
2024年
12月31日
2023年
12月31日
RMB’000RMB’000
人民币千元人民币千元
Analysed into:分析为：
Bank loans repayable: 须于以下期间偿还的银行贷款：
Within one year or on demand 一年内或按要求1,307,470
In the second year 第二年内798,958
In the third to fifth years, inclusive 第三至第五年（包括首尾两年）2,300,271
Beyond five years 超过五年1,475,111
Subtotal 小计5,881,810
Other borowings repayable: 须于以下期间偿还的其他借款：
Within one year or on demand 一年内或按要求96,065
In the second year 第二年内61,967
In the third to fifth years, inclusive 第三至第五年（包括首尾两年）103,026
Subtotal 小计261,058
Lease liabilities: 租赁负债：
Within one year or on demand 一年内或按要求35,087
In the second year 第二年内25,987
In the third to fifth years, inclusive 第三至第五年内（包括首尾两年）57,977
Beyond five years 超过五年37,053
Subtotal 小计156,104
Total总计6,298,972
29. 计息银行及其他借款及租
赁负债（续）
| 2,105,392 |
|---|
| 1,195,629 |
| – |
| 284,800 |
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
29. INTEREST-BEARING BANK AND OTHER
BOROWINGS AND LEASE LIABILITIES
(continued)
The Group’s bank and other loans were secured by the
pledges of the Group’s asets with carying values at 31
December 2024 and 2023 as folows:
31 December
31 December
2024年
12月31日
2023年
12月31日
NotesRMB’000RMB’000
附注人民币千元人民币千元
Theme park’s buildings and machinery主题公园的
建筑物及机器122,336,823
Right-of-use asets使用权资产14(a)1,228,254
Pledged bank balances已抵押银行结余255,912
Investment properties clasified
as held for sale
分类为持作出售的
投资物业13203,850
The Group pledged its 100% equity in Chongqing Caribean
for certain borowings of RMB540,000,000 granted to the
Group at 31 December 2024 (2023: RMB560,000,000).
The Group pledged its 100% equity in Zhengzhou Tourism
for certain borowings of RMB1,390,523,000 granted to the
Group at 31 December 2024 (2023: RMB150,000,000).
Dalian Tourism pledged its 58.3% equity in LHT for certain
bank borowings of RMB210,574,000 granted to the Group
at 31 December 2024 (2023: RMB290,574,000).
29. 计息银行及其他借款及租
赁负债（续）
本集团的银行及其他贷款以本集团
于2024年及2023年12月31日下列
账面值的资产作为抵押：
本集团已就于2024年12月31
日其已获授的若干借款人民币
540,000,000元（2023年：人民币
560,000,000元），将其于重庆加勒
比海的100%权益抵押。
本集团已就于2024年12月31
日其已获授的若干借款人民币
1,390,523,000元（2023年：人民币
150,000,000元），将其于郑州旅游
的100%权益抵押。
大连旅游就于2024年12月31日本
集团已获授的若干银行借款人民币
210,574,000元（2023年：人民币
290,574,000元）将其于大连虎滩的
58.3%权益抵押。
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
29. INTEREST-BEARING BANK AND OTHER
BOROWINGS AND LEASE LIABILITIES
(continued)
In adition to the pledges of the Group’s asets, 大连海
昌集团有限公司(“Dalian Haichang Group”), a related
company, provided guarantes for certain borowings of
RMB2,416,450,000 granted to the Group at 31 December
2024 (2023: RMB2,557,900,000).
In adition to the pledges of the Group’s asets, 曲乃杰
(“Mr. Qu”, an executive director of the Company), 程春
萍(“Ms. Cheng”, spouse of Mr. Qu), Mr. Qu Cheng (an
executive director of the Company) and 杨迪(“Ms. Yang”,
spouse of Mr. Qu Cheng) provided personal guarantes for
certain borowings of RMB4,941,997,000 granted to the
Group at 31 December 2024 (2023: RMB4,790,795,000).
Included in the curent portion of bank loans, aproximately
RMB346,640,000 was overdue.
Al the Group’s borowings are denominated in RMB.
29. 计息银行及其他借款及租
赁负债（续）
除本集团资产质押外，关联公司大
连海昌集团有限公司（「大连海昌
集团」）亦已就于2024年12月31日
本集团已获授的若干借款人民币
2,416,450,000元（2023年：人民币
2,557,900,000元）提供担保。
除本集团资产质押外，曲乃杰（「曲
先生」，本公司的执行董事）、程春
萍（「程女士」，曲先生的配偶）、曲
程先生（本公司的执行董事）及杨迪
（「杨女士」，曲程先生的配偶）亦已
就于2024年12月31日本集团已获
授的若干借款人民币4,941,997,000
元（2023年：人民币4,790,795,000
元）提供个人担保。
计入银行贷款的流动部分中，约人
民币346,640,000元到期未偿还。
本集团所有的借款均以人民币计值。
| 404,522 |
|---|
| 23,717 |
| (37,609) |
| 390,630 |
| 13,439 |
| 377,191 |
| 390,630 |
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
30. GOVERNMENT GRANTS
31 December
31 December
2024年
12月31日
2023年
12月31日
RMB’000RMB’000
人民币千元人民币千元
Carying amount at 1 January于1月1日的账面值418,481
Received during the year年内收取44,911
Recognised in profit or los (note 6)于损益中确认（附注6）(58,870)
Carying amount at 31 December于12月31日的账面值404,522
Curent流动13,678
Non-curent非流动390,844
Total总计404,522
Government grants have ben received either for the
construction of certain items of property, plant and
equipment, properties under development, investment
properties or for busines development of the subsidiaries
of the Group. There are no unfulfiled conditions and
contingencies relating to these grants.
30. 政府补贴
政府补贴乃就建设若干物业、厂房
及设备项目、发展中物业、投资物
业或就本集团之附属公司的业务发
展而获授。并无任何有关该等补助
的未达成条件及或然事项。
| 10,000,000 | 500 |
|---|
| 8,114,002 | 405 | 2,489 |
|---|
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
31. SHARE CAPITAL
Shares
31 December 202431 December 2023
2024年12月31日2023年12月31日
Number
of sharesAmount
Number of
sharesAmount
股份数目金额股份数目金额
’000USD’000’000USD’000
千股千美元千股千美元
Authorised法定
Ordinary shares
USD0.00005 each
每股普通股
0.00005美元10,000,000500
31 December 202431 December 2023
2024年12月31日2023年12月31日
Number
of sharesAmountAmount
Number
of sharesAmount Amount
股份数目金额金额股份数目金额金额
’000USD’000RMB’000’000USD’000RMB’000
千股千美元人民币千元千股千美元人民币千元
Isued and fuly paid:已发行及缴足：
At the begining and
the end of the year
于年初及年末
8,114,0024052,489
31. 股本
股份
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
32. RESERVES
The amounts of the Group’s reserves and the movements
therein for the curent and prior years are presented in the
consolidated statement of changes in equity.
(a) Capital reserve
The amounts represent demed contributions from
equity holders les demed distributions to equity
holders, considerations paid by the Group to non-
controling equity holders over their then share of net
asets of subsidiaries acquired, and dilution upon
capital contributions by the non-controling equity
holders.
(b) Statutory reserves
In acordance with the PRC Company Law and
the PRC subsidiaries’ articles of asociation, each
subsidiary registered in the PRC as a domestic
company is required to apropriate 10% of its anual
statutory net profit as determined under generaly
acepted acounting principles of The People’s
Republic of China (“PRC GAP”) (after ofseting any
prior years’ loses) to the statutory surplus reserves.
When the balance of this reserve fund reaches 50%
of the entity’s capital, any further apropriation
is optional. The statutory reserves can be utilised
to ofset prior years’ loses or to increase capital.
However, the balance of the statutory surplus reserves
must be maintained at a minimum of 25% of the
capital after these usages.
32. 储备
本集团于本年度及以往年度的储备
金额及其变动已载于合并权益变动
表。
(a) 资本储备
该款项指视为权益持有人注资
减视为分派予权益持有人、本
集团向非控股权益持有人就其
当时分占所收购附属公司资产
净值支付代价及非控股权益持
有人注资时的摊薄。
(b) 法定储备
根据中国公司法及中国附属公
司的章程细则，在中国注册为
内资公司的附属公司各自须拨
出10%的年度法定纯利（经抵
销任何往年亏损后）至法定盈
余储备。年度法定纯利按中华
人民共和国公认会计准则（「中
国会计准则」）厘定。倘该储备
金结余达该实体资本的50%，
则可选择作出任何额外拨款。
法定储备可用作抵销往年亏损
或增资。然而，作上述用途
后，该法定盈余储备结余须维
持为不少于资本的25%。
| 41.7% |
|---|
| 40.0% |
| (6,595) |
|---|
| (4,142) |
| 58,094 |
| 12,920 |
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
33. PARTLY-OWNED SUBSIDIARIES
WITH MATERIAL NON-CONTROLING
INTERESTS
Details of the Group’s subsidiaries that have material non-
controling interests are set out below:
2024年2023年
Percentage of equity interest held by
non-controling interests:
非控股权益持有之
股本权益百分比：
LHT (Note 43)大连虎滩（附注43）41.7%
Haipeng Jiayue (Note 43)海芃嘉悦（附注43）40.0%
2024年2023年
RMB’000RMB’000
人民币千元人民币千元
(Los)/profit for the year alocated to
non-controling interests:
分配至非控股权益的
年内（亏损）╱利润：
LHT大连虎滩32,398
Haipeng Jiayue海芃嘉悦(17,349)
Acumulated balances of non-controling
interests at the reporting date
于报告日期的非控股权益
累积结余
LHT大连虎滩64,689
Haipeng Jiayue海芃嘉悦17,062
33. 具有重大非控股权益的部
分拥有附属公司
具有重大非控股权益的本集团附属
公司详情如下：
| 142,651 | 63,200 |
|---|---|
| (158,467) | (73,554) |
| (15,816) | (10,354) |
| 242,507 | 90,267 |
| 58,484 | 213,537 |
| (171,577) | (163,446) |
| – | (55,611) |
| 35,979 | 28,271 |
| (32,164) | (4,264) |
| – | (26,126) |
| 3,815 | (2,119) |
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
33. PARTLY-OWNED SUBSIDIARIES
WITH MATERIAL NON-CONTROLING
INTERESTS (continued)
LHT (continued)
The folowing tables ilustrate the sumarised financial
information of the above subsidiaries. The amounts
disclosed are before any inter-company eliminations:
LHT
Haipeng
Jiayue
大连虎滩海芃嘉悦
RMB’000RMB’000
20242024年人民币千元人民币千元
Revenue收入
Total expenses总开支
Net los and total comprehensive
los for the year
年内净亏损及全面
亏损总额
Curent asets流动资产
Non-curent asets非流动资产
Curent liabilities流动负债
Non-curent liabilities非流动负债
Net cash flows from operating activities经营活动产生的净现金流量
Net cash flows used in investing activities投资活动所用净现金流量
Net cash flows used in financing activities融资活动所用净现金流量
Net increase/(decrease) in cash and
cash equivalents
现金及现金等值物
增加╱（减少）净额
33. 具有重大非控股权益的部
分拥有附属公司（续）
大连虎滩（续）
下表列载上述附属公司的财务资料
概要。所披露金额并未计及任何集
团内公司间的抵销：
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
33. PARTLY-OWNED SUBSIDIARIES
WITH MATERIAL NON-CONTROLING
INTERESTS (continued)
LHT (continued)
LHT
Haipeng
Jiayue
大连虎滩海芃嘉悦
RMB’000RMB’000
20232023年人民币千元人民币千元
Revenue收入172,29593,030
Total expenses总开支(91,300)(136,308)
Net profit/(los) and total comprehensive
income/(los) for the year
年内纯利╱（亏损）及全面
收益╱（亏损）总额80,995(43,278)
Curent asets流动资产217,30774,226
Non-curent asets非流动资产44,808219,600
Curent liabilities流动负债(96,365)(163,136)
Non-curent liabilities非流动负债(1,423)(104,779)
Net cash flows from operating activities经营活动产生的净现金流量21,0451,375
Net cash flows used in investing activities投资活动所用净现金流量(18,824)(133,277)
Net cash flows from financing activities融资活动产生的净现金流量–134,012
Net increase in cash and
cash equivalents
现金及现金等值物增加净额
2,2212,110
33. 具有重大非控股权益的部
分拥有附属公司（续）
大连虎滩（续）
| 156,104 | 6,142,868 |
|---|---|
| (35,188) | (543,763) |
| 211,337 | – |
| 8,971 | 299,312 |
| (8,971) | – |
| (36,905) | – |
| 295,348 | 5,898,417 |
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
34. 合并现金流量表附注
(a) 主要非现金交易
年内，本集团就厂房及设备
的租赁安排非现金增添使用
权资产及租赁负债分别人民币
211,337,000元（2023年：人
民币89,077,000元）及人民币
211,337,000元（2023年：人
民币72,806,000元）。
(b) 融资活动产生之负债变化
2024年
34. NOTES TO THE CONSOLIDATED
STATEMENT OF CASH FLOWS
(a) Major non-cash transactions
During the year, the Group had non-cash aditions
to right-of-use asets and lease liabilities of
RMB211,337,000 (2023: RMB89,077,000) and
RMB211,337,000 (2023: RMB72,806,000),
respectively, in respect of lease arangements for plant
and equipment.
(b) Changes in liabilities arising from financing
activities
Lease liabilities
Interest-bearing
bank and other
borowings
租赁负债
计息银行及
其他借款
RMB’000RMB’000
人民币千元人民币千元
At 1 January 2024于2024年1月1日
Changes from financing cash
flows
融资现金流量变动
New leases新增租赁
Interest expense利息开支
Interest paid clasified as
operating cash flows
分类为经营现金流量的
已付利息
Termination of lease终止租赁
At 31 December 2024于2024年12月31日
| (8,971) |
|---|
| 35,188 |
| 26,217 |
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
34. NOTES TO THE CONSOLIDATED
STATEMENT OF CASH FLOWS (continued)
(b) Changes in liabilities arising from financing
activities (continued)
Lease liabilities
Interest-bearing
bank and other
borowings
租赁负债
计息银行及
其他借款
RMB’000RMB’000
人民币千元人民币千元
At 1 January 2023于2023年1月1日118,5635,149,167
Changes from financing cash
flows
融资现金流量变动
(31,059)706,931
New leases新增租赁72,806–
Interest expense利息开支9,026288,559
Interest paid clasified as
operating cash flows
分类为经营现金流量的
已付利息(9,026)(1,789)
Revision of lease terms租期修订(4,206)–
At 31 December 2023于2023年12月31日156,1046,142,868
(c) Total cash outflow for leases
The total cash outflow for leases included in the
statement of cash flows is as folows:
2024年2023年
RMB’000RMB’000
人民币千元人民币千元
Within operating activities经营活动内(9,026)
Within financing activities融资活动内31,059
Total总计22,033
- （续）
(b) 融资活动产生之负债变化
（续）
2023年
(c) 租赁的现金流出总额
计入现金流量表内的租赁的现
金流出总额如下：
| 577,791 |
|---|
| 138,000 |
| 715,791 |
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
35. 承担
于报告期末本集团有以下合约承
担：
35. COMITMENTS
The Group had the folowing contractual comitments at
the end of the reporting period:
31 December
31 December
2024年
12月31日
2023年
12月31日
RMB’000RMB’000
人民币千元人民币千元
Property, plant and equipment物业、厂房及设备505,580
Right-of-use asets使用权资产138,000
Total总计643,580
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
36. RELATED PARTY TRANSACTIONS AND
BALANCES
The related companies with which the Group had
transactions were as folows:
Name of related partyRelationship with the Group during the year
关连人士姓名╱名称年内与本集团的关系
Mr. Qu ChengSon of Mr. Qu and executive director of the Company
曲程先生曲先生的儿子及本公司执行董事
Ms. YangSpouse of Mr. Qu Cheng
杨女士曲程先生的配偶
Mr. QuExecutive director and chief executive oficer of the Company
曲先生本公司执行董事兼行政总裁
Ms. ChengSpouse of Mr. Qu
程女士曲先生的配偶
大连海昌企业发展有限公司
(“Haichang Corporation Development”)
Mr. Qu and Ms. Cheng are beneficial equity holders
大连海昌企业发展有限公司（「海昌企业发展」）曲先生及程女士为实益权益持有人
烟台海昌旅游发展有限公司
(“Yantai Haichang Tourism Development”)
Mr. Qu and Ms. Cheng are beneficial equity holders
烟台海昌旅游发展有限公司（「烟台海昌旅游发展」）曲先生及程女士为实益权益持有人
大连东方水城发展有限公司Mr. Qu and Ms. Cheng are beneficial equity holders
(“Dalian Oriental Watertown Development”)
大连东方水城发展有限公司（「大连东方水城发展」）曲先生及程女士为实益权益持有人
大连瑞昌融资租赁有限公司
(“Dalian Ruichang Lease”)
A joint venture of a beneficial shareholder of the Company
大连瑞昌融资租赁有限公司（「大连瑞昌租赁」）本公司实益股东的合营公司
36. 关连人士交易及结余
本集团与之订立交易的关联公司如
下：
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
Name of related partyRelationship with the Group during the year
关连人士姓名╱名称年内与本集团的关系
三亚海昌旅业发展有限公司
(“Sanya Development”)
Mr. Qu and Ms. Cheng are beneficial equity holders
三亚海昌旅业发展有限公司（「三亚发展」）曲先生及程女士为实益权益持有人
Dalian Haichang GroupMr. Qu and Ms. Cheng are beneficial equity holders
大连海昌集团曲先生及程女士为实益权益持有人
大连海昌置地休闲旅游度假有限公司广鹿岛度假酒店
(“Dalian Haichang Property Guanglu Island Hotel”)
Mr. Qu and Ms. Cheng are beneficial equity holders
大连海昌置地休闲旅游度假有限公司曲先生及程女士为实益权益持有人
广鹿岛度假酒店
（「大连海昌置地广鹿岛酒店」）
大连海昌商业运营管理有限公司
(“Haichang Busines Operation”)
Mr. Qu and Ms. Cheng are beneficial equity holders
大连海昌商业运营管理有限公司（「海昌商业运营」）曲先生及程女士为实益权益持有人
大连海昌海珍品养殖有限公司
(“Haichang Seafod Cultivation”)
Mr. Qu and Ms. Cheng are beneficial equity holders
大连海昌海珍品养殖有限公司（「海昌海珍品养殖」）曲先生及程女士为实益权益持有人
大连海昌船运有限公司
(“Dalian Haichang Shiping”)
Mr. Qu and Ms. Cheng are beneficial equity holders
大连海昌船运有限公司（「大连海昌船运」）曲先生及程女士为实益权益持有人
大连海昌房地产集团有限公司
(“Dalian Haichang Property”)
Mr. Qu and Ms. Cheng are beneficial equity holders
大连海昌房地产集团有限公司（「大连海昌房地产」）曲先生及程女士为实益权益持有人
36. RELATED PARTY TRANSACTIONS AND
BALANCES (continued)
- （续）
| 1,160 |
|---|
| 210 |
| 287 |
| 5 |
| 37 |
| 7 |
| 148 |
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
36. RELATED PARTY TRANSACTIONS AND
BALANCES (continued)
(a) Related party transactions
In adition to the transactions detailed elsewhere in
these financial statements, the Group had the folowing
transactions with related parties during the year:
2024年2023年
NotesRMB’000RMB’000
附注人民币千元人民币千元
Rental fe:租赁费用：
Dalian Haichang Property Guanglu Island
Hotel
大连海昌置地广鹿岛酒店
(a)(i)1,160
Revenue from ticket sales:门票销售收入：
Dalian Haichang Group大连海昌集团(a)(i)–
Yantai Haichang Tourism Development烟台海昌旅游发展(a)(i)460
Revenue from hotel operations:酒店营运收入：
Dalian Haichang Shiping大连海昌船运(a)(iv)–
Dalian Haichang Group大连海昌集团(a)(v)–
Dalian Haichang Property大连海昌房地产(a)(vi)4
Purchase of gods:采购货品：
Haichang Seafod Cultivation海昌海珍品养殖(a)(vi)690
- （续）
(a) 关连人士交易
除此等财务报表内其他地方详
述的该等交易外，本集团年内
与关连人士订有以下重大交
易：
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
36. RELATED PARTY TRANSACTIONS AND
BALANCES (continued)
(a) Related party transactions (continued)
Notes:
(i) The Group renewed the lease agrement with Dalian
Haichang Property Guanglu Island Hotel with a term of
one year from 1 January 2024 to 31 December 2024
for RMB1,160,000. The rental fe for the year ended 31
December 2023 charged by Dalian Haichang Property
Guanglu Island Hotel was RMB1,160,000 (2023:
RMB1,160,000).
(i) During the year 2024, the Group recognised revenue
from ticket sale of RMB210,000 from Dalian Haichang
Group (2023: Nil). The transaction was made acording
to the terms of contract mutualy agred.
(i) During the year 2024, the Group recognised revenue
from ticket sales of RMB287,000 from Yantai Haichang
Tourism Development (2023: RMB460,000). The
transaction was made acording to the terms of
contract mutualy agred.
(iv) During the year 2024, the Group recognised revenue
from hotel operations of RMB5,000 from Dalian
Haichang Shiping (2023: Nil). The transaction was
made acording to the terms of contract mutualy
agred.
- （续）
(a) 关连人士交易（续）
附注：
(i) 本集团与大连海昌置地广鹿
岛酒店续订租赁协议，租期
为自2024年1月1日起至2024
年12月31日止为期一年，
租金人民币1,160,000元。
大连海昌置地广鹿岛酒店就
截至2023年12月31日止年
度收取的租金收入为人民币
1,160,000元（2023年：人民
币1,160,000元）。
(i) 于2024年内，本集团自大连
海昌集团确认门票销售收入
人民币210,000元（2023年：
无）。该交易乃根据双方协定
的合约条款进行。
(i) 于2024年内，本集团自烟台
海昌旅游发展确认门票销售
收入人民币287,000元（2023
年：人民币460,000元）。该
交易乃根据双方协定的合约条
款进行。
(iv) 于2024年内，本集团自大连
海昌船运确认酒店营运收入
人民币5,000元（2023年：
无）。该交易乃根据双方协定
的合约条款进行。
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
36. RELATED PARTY TRANSACTIONS AND
BALANCES (continued)
(a) Related party transactions (continued)
Notes: (continued)
(v) During the year 2024, the Group recognised revenue
from hotel operations of RMB37,000 from Dalian
Haichang Group (2023: Nil). The transaction was made
acording to the terms of contract mutualy agred.
(vi) During the year 2024, the Group recognised revenue
from hotel operations of RMB7,000 from Dalian
Haichang Property （2023: RMB4,000). The transaction
was made acording to the terms of contract mutualy
agred.
(vi) In the opinion of the directors of the Company, the
purchase betwen the Group and Haichang Seafod
Cultivation was conducted acording to the contracts
mutualy agred.
(vi) During the year 2024, Mr. Qu, Ms. Cheng, Mr. Qu
Cheng and/or Ms. Yang provided guarantes for certain
borowings of RMB4,850,423,000 granted to the Group
(2023: RMB4,790,793,000) at nil consideration.
(ix) During the year 2024, Dalian Haichang Group pledged
certain of its property, plant and equipment for a
borowing of RMB10,000,000 granted to the Group
(2023: RMB10,000,000) at nil consideration.
(x) The Group pledged its upcoming rental income from
a tenant and revenue from a self-operated restaurant
during 2023 to 2027 for certain borowing of
RMB10,000,000 granted to the Group at 31 December
2024 (2023: RMB10,000,000). Dalian Haichang Group
provided financial guarantes for the loan.
- （续）
(a) 关连人士交易（续）
附注：（续）
(v) 于2024年内，本集团自大连
海昌集团确认酒店营运收入
人民币37,000元（2023年：
无）。该交易乃根据双方协定
的合约条款进行。
(vi) 于2024年内，本集团自大连
海昌房地产确认酒店营运收入
人民币7,000元（2023年：人
民币4,000元）。该交易乃根
据双方协定的合约条款进行。
(vi) 本公司董事认为，本集团与海
昌海珍品养殖之间的采购乃根
据双方协定的合约进行。
(vi) 于2024年内，曲先生、程女
士、曲程先生及╱或杨女士
就本集团获授的若干借款人
民币4,850,423,000元（2023
年：人民币4,790,793,000
元）无偿签立担保。
(ix) 于2024年内，大连海昌集团
就本集团获授的一笔借款人民
币10,000,000元（2023年：
人民币10,000,000元）无偿抵
押其若干物业、厂房及设备。
(x) 本集团已就于2024年12月31
日其已获授的若干借款人民币
10,000,000元（2023年：人
民币10,000,000元），将其即
将从一名租户收取的租金收入
及2023年至2027年一间自营
餐厅的收入抵押。大连海昌集
团就贷款提供金融担保。
| 63,700 |
|---|
| 1,925 |
| – |
| 1,225 |
| – |
| 11 |
| 3,161 |
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
36. RELATED PARTY TRANSACTIONS AND
BALANCES (continued)
(b) Balances with related companies
The Group had the folowing balances with its related
parties at the end of each of the reporting periods:
31 December
31 December
2024年
12月31日
2023年
12月31日
RMB’000RMB’000
人民币千元人民币千元
Long-term prepayment to a related
company
支付予一间关联公司
的长期预付款项
Dalian Haichang Group大连海昌集团63,700
Due from related companies应收关联公司款项
Haichang Busines Operation海昌商业运营1,925
Dalian Haichang Group大连海昌集团779
Yantai Haichang Tourism
Development
烟台海昌旅游发展
Sanya Development三亚发展189
Dalian Haichang Property大连海昌房地产2
Total总计3,347
- （续）
(b) 与关联公司的结余
于各报告期末，本集团与其关
连方的结余如下：
| – |
|---|
| – |
| 196 |
| 210 |
| 51 |
| 32 |
| – |
| 7 |
| 496 |
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
36. RELATED PARTY TRANSACTIONS AND
BALANCES (continued)
(b) Balances with related companies
(continued)
31 December
31 December
2024年
12月31日
2023年
12月31日
NotesRMB’000RMB’000
附注人民币千元人民币千元
Due to related companies应付关联公司款项
Dalian Haichang Property Guanglu
Island Hotel
大连海昌置地广鹿岛
酒店2,260
Dalian Haichang Group大连海昌集团900
Haichang Seafod Cultivation海昌海珍品养殖306
Dalian Oriental Watertown
Development
大连东方水城发展
Haichang Corporation Development海昌企业发展51
Dalian Ruichang Lease大连瑞昌租赁32
Dalian Haichang Shiping大连海昌船运16
Haichang Busines Operation海昌商业运营7
Total总计3,782
The balances are unsecured, interest-fre and have no
fixed terms of repayment.
- （续）
(b) 与关联公司的结余（续）
结余为无抵押、不计息及无固
定还款期。
| 12,097 |
|---|
| 624 |
| 12,721 |
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
36. RELATED PARTY TRANSACTIONS AND
BALANCES (continued)
(c) Compensation of key management
personel of the Group
2024年2023年
RMB’000RMB’000
人民币千元人民币千元
Emoluments:酬金：
Salaries, alowances, bonuses,
benefits and other expenses
薪金、津贴、花红、
福利及其他费用13,142
Post-employment benefits退休福利580
Total compensation paid to
key management personel
支付予主要管理人员的
报酬总额13,722
Further details of directors’ and the chief executive’s
emoluments are included in note 9 to the financial
statements.
- （续）
(c) 向本集团主要管理人员提
供的报酬
有关董事及行政总裁酬金的进
一步详情载于财务报表附注9。
| 52,604 | – | 52,604 |
|---|---|---|
| – | 110,282 | 110,282 |
| 50,622 | – | 50,622 |
| 64,738 | – | 64,738 |
| 167,964 | 110,282 | 278,246 |
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
37. 金融工具分类
于报告期末的各类别金融工具的账
面值如下：
2024年
金融资产
37. FINANCIAL INSTRUMENTS BY CATEGORY
The carying amounts of each of the categories of financial
instruments as at the end of the reporting period are as
folows:
Financial asets
Financial
asets at
amortised cost
Financial asets
at fair value
through profit
or losTotal
按摊余成本计量
的金融资产
透过损益
按公允价值列账
的金融资产总计
RMB’000RMB’000RMB’000
人民币千元人民币千元人民币千元
Financial asets included in prepayments
and other receivables
计入预付款项及其他应收
款项内的金融资产
Financial asets at fair value through
profit or los
透过损益按公允价值
列账的金融资产
Trade receivables贸易应收款项
Cash and cash equivalents现金及现金等值物
Total总计
| 482,003 |
|---|
| 5,898,417 |
| 935,049 |
| 496 |
| 7,315,965 |
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
- （续）
2024年（续）
金融负债
37. FINANCIAL INSTRUMENTS BY CATEGORY
(continued)
2024 (continued)
Financial liabilities
Financial
liabilities at
amortised
cost
按摊余成本
列账的
金融负债
RMB’000
人民币千元
Financial liabilities included in other payables and
acruals (note 27)
计入其他应付款项及应计费用内的
金融负债（附注27）
Interest-bearing bank and other borowings (note 29)计息银行及其他借款（附注29）
Trade payables (note 26)贸易应付款项（附注26）
Due to related companies应付关联公司款项
Total总计
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
- （续）
2023年
金融资产
37. FINANCIAL INSTRUMENTS BY CATEGORY
(continued)
Financial asets
Financial
asets at
amortised cost
Financial asets
at fair value
through profit
or losTotal
按摊余成本计量
的金融资产
透过损益
按公允价值列账
的金融资产总计
RMB’000RMB’000RMB’000
人民币千元人民币千元人民币千元
Financial asets included in prepayments
and other receivables
计入预付款项及其他应收
款项内的金融资产327,569–327,569
Financial asets at fair value through
profit or los
透过损益按公允价值
列账的金融资产–146,429146,429
Trade receivables贸易应收款项46,209–46,209
Pledged deposits已抵押存款5,912–5,912
Cash and cash equivalents现金及现金等值物1,702,264–1,702,264
Total总计2,081,954146,4292,228,383
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
- （续）
2023年（续）
金融负债
37. FINANCIAL INSTRUMENTS BY CATEGORY
(continued)
2023 (continued)
Financial liabilities
Financial
liabilities at
amortised
cost
按摊余成本
列账的
金融负债
RMB’000
人民币千元
Financial liabilities included in other payables and
acruals (note 27)
计入其他应付款项及应计费用内的
金融负债（附注27）517,695
Interest-bearing bank and other borowings (note 29)计息银行及其他借款（附注29）6,142,868
Trade payables (note 26)贸易应付款项（附注26）1,401,731
Due to related companies应付关联公司款项3,782
Total总计8,066,076
| 146,429 | ||
|---|---|---|
| 110,282 | 110,282 | |
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
38. 金融工具公允价值及公允
价值等级
本集团金融工具的账面值及公允价
值（其账面值与公允价值合理相若者
除外）如下：
管理层已评估现金及现金等值物、
已抵押存款、贸易应收款项、贸易
应付款项、计入预付款项及其他应
收款项内的金融资产、贸易应付款
项、计入其他应付款项及应计费用
内的金融负债、应收关联公司款项
及应付关联公司款项的公允价值与
其各自的账面值相若，主要由于该
等工具于短期内到期。
38. FAIR VALUE AND FAIR VALUE HIERARCHY
OF FINANCIAL INSTRUMENTS
The carying amounts and fair values of the Group’s financial
instruments, other than those with carying amounts that
reasonably aproximate to fair values, are as folows:
Carying amountsFair values
账面值公允价值
2024年2023年2024年2023年
RMB’000RMB’000RMB’000RMB’000
人民币千元人民币千元人民币千元人民币千元
Financial asets金融资产
Financial asets at fair value
through profit or los
透过损益按公允价值
列账的金融资产146,429
Management has asesed that the fair values of cash
and cash equivalents, pledged deposits, trade receivables,
trade payables, financial asets included in prepayments
and other receivables, trade payables, financial liabilities
included in other payables and acruals, amounts due from
related companies and amounts due to related companies
aproximate to their carying amounts largely due to the
short-term maturities of these instruments.
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
38. 金融工具公允价值及公允
价值等级（续）
以本集团财务经理为首的财务部门
负责厘定金融工具公允价值计量的
政策及程序。财务经理直接向财务
总监及董事会报告。于各报告日
期，财务部门分析金融工具的价值
变动并厘定估值中适用的主要参
数。估值由财务总监审核及批准。
估值过程及结果与董事会每年讨论
一次以进行年度财务申报。
计入金融资产的公允价值，乃自愿
订约方于目前交易（受胁迫或清盘出
售交易除外）中可交换工具的金额。
估计公允价值时使用的方法及假设
如下：
38. FAIR VALUE AND FAIR VALUE HIERARCHY
OF FINANCIAL INSTRUMENTS (continued)
The Group’s finance department headed by the finance
manager is responsible for determining the policies and
procedures for the fair value measurement of financial
instruments. The finance manager reports directly to
the chief financial oficer and the board of directors. At
each reporting date, the finance department analyses
the movements in the values of financial instruments and
determines the major inputs aplied in the valuation. The
valuation is reviewed and aproved by the chief financial
oficer. The valuation proces and results are discused
with the board of directors once a year for anual financial
reporting.
The fair values of the financial asets are included at the
amount at which the instrument could be exchanged in a
curent transaction betwen wiling parties, other than in
a forced or liquidation sale. The folowing methods and
asumptions were used to estimate the fair values:
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
38. 金融工具公允价值及公允
价值等级（续）
指定为透过损益按公允价值列账
的非上市股本投资的公允价值，
乃采用市场估值方法基于并无可
观察市场价格或比率支持的假设
估计得出。进行估值时，董事须
根据行业、规模、杠杆及策略决
定可比较公众公司（同业），以及
就每间已识别的可比较公司计算
相关价格倍数，例如企业价值相
对未计利息、税项、折旧及摊销前
盈利（「EV/EBITDA」）倍数及市盈
（「P/E」）率。该倍数乃按可比较公
司的企业价值除以盈利的计量方法
计算得出。交易倍数因而就可比较
公司基于公司特定事实及情况的流
动性不足及规模差异等考虑因素作
出折让。折让后的倍数应用于非上
市股本投资的相关盈利计量，以计
算公允价值。董事相信，因估值方
法产生的估计公允价值（于合并财务
状况表记账）及相关的公允价值变动
（于其他全面收益记账）为合理，且
于报告期末为最适当的价值。
本集团投资于透过损益按公允价值
列账的非上市单位信托投资。本集
团已透过使用贴现金流量估值模
式，根据具有类似条款及风险的工
具的市场利率估计此项非上市投资
的公允价值。
本集团投资于一间在中国内地企业
场外交易所挂牌的公司的股权。本
集团已透过使用二项树模式估计该
债务工具的公允价值。
就透过损益按公允价值列账的金融
资产之公允价值而言，管理层已估
计使用合理可能的替代方案作为估
值模式输入数据的潜在影响。
38. FAIR VALUE AND FAIR VALUE HIERARCHY
OF FINANCIAL INSTRUMENTS (continued)
The fair values of unlisted equity investments designated at
fair value through profit or los have ben estimated using
a market-based valuation technique based on asumptions
that are not suported by observable market prices or
rates. The valuation requires the directors to determine
comparable public companies (pers) based on industry,
size, leverage and strategy, and to calculate an apropriate
price multiple, such as enterprise value to earnings before
interest, taxes, depreciation and amortisation (“EV/EBITDA”)
multiple and price to earnings (“P/E”) multiple, for each
comparable company identified. The multiple is calculated
by dividing the enterprise value of the comparable company
by an earnings measure. The trading multiple is then
discounted for considerations such as iliquidity and size
diferences betwen the comparable companies based on
company-specific facts and circumstances. The discounted
multiple is aplied to the coresponding earnings measure
of the unlisted equity investments to measure the fair
value. The directors believe that the estimated fair values
resulting from the valuation technique, which are recorded
in the consolidated statement of financial position, and the
related changes in fair values, which are recorded in other
comprehensive income, are reasonable, and that they were
the most apropriate values at the end of the reporting
period.
The Group invests in an unlisted unit trust fund investment
at fair value through profit or los. The Group has estimated
the fair value of this unlisted investment by using a
discounted cash flow valuation model based on the market
interest rates of instruments with similar terms and risks.
The Group invests in the equity of a company listed on
the over-the-counter exchange for companies in Chinese
Mainland. The Group has estimated the fair value of the
debt instrument by using the Binomial Tre Model.
For the fair value of the financial asets at fair value through
profit or los, management has estimated the potential
efect of using reasonably posible alternatives as inputs to
the valuation model.
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
38. 金融工具公允价值及公允
价值等级（续）
以下为金融工具估计的重大不可观
察输入数据概要连同于2024年及
2023年12月31日的定量敏感度分
析：
38. FAIR VALUE AND FAIR VALUE HIERARCHY
OF FINANCIAL INSTRUMENTS (continued)
Below is a sumary of significant unobservable inputs to the
valuation of financial instruments together with a quantitative
sensitivity analysis as at 31 December 2024 and 2023:
Valuation technique
Significant
unobservable inputWeighted averageSensitivity of fair value to the input
估值方法重大不可观察输入数据加权平均公允价值对输入数据的敏感度
Unlisted equity investmentValuation multiplesAverage price-to-bok
ratio (P/B) multiple
of pers
2024: 0.55
(2023: 0.65)
10% (2023: 10%) increase/decrease in multiple
would result in increase/decrease in fair value
by RMB1,925,000 (2023: RMB1,201,000)
非上市股本投资估值倍数同业平均市账率(P/B)倍数2024年：0.55
（2023年：0.65）
倍 数增加╱减少10%（2023年：10%）会导致公允
价值增加╱减少人民币1,925,000元（2023年：
人民币1,201,000元）
Discount for lack of
marketability
2024: 20%
(2023: 20%)
10% (2023: 10%) increase/decrease in discount
would result in decrease/increase in fair value
by RMB2,406,000 (2023: RMB300,000)
欠缺市场流通性的折让2024年：20%
（2023年：20%）
折 让增加╱减少10%（2023年：10%）会导致公允
价值减少╱增加人民币2,406,000元（2023年：
人民币300,000元）
Unlisted unit trustRisk-fre rate as at the
valuation date
2024: 1.62%
(2023: 2.53%)
1% (2023: 1%) increase/decrease in rate would
result in decrease/increase in fair value by
RMB21,000 (2023: RMB18,000)
非上市单位信托于估值日期的无风险利率2024年：1.62%
（2023年：2.53%）
利 率增加╱减少1%（2023年：1%）会导致公允价
值减少╱增加人民币21,000元（2023年：人民币
18,000元）
New Over-The-Counter (OTC)
Market listed equity
investment
Discounted future
cash flow
Average enterprise value
to sales (EV/Sales)
multiple of pers
2024: 2.64
(2023: 2.55)
10% (2023: 10%) increase/decrease in multiple
would result in increase/decrease in fair value
by RMB4,788,000 (2023: RMB3,662,000)
新三板（「新三板」）
挂牌股本投资
已折现未来现金流量同业平均企业价值对销售
（EV╱销售）倍数
2024年：2.64
（2023年：2.55）
倍 数增加╱减少10%（2023年：10%）会导致公允
价值增加╱减少人民币4,788,000元（2023年：
人民币3,662,000元）
Valuation multiplesDiscount for lack of
marketability
2024: 20%
(2023: 20%)
10% (2023: 10%) increase/decrease in discount
would result in decrease/increase in fair value
by RMB5,693,000 (2023: RMB909,000)
估值倍数欠缺市场流通性的折让2024年：20%
（2023年：20%）
折 让增加╱减少10%（2023年：10%）会导致公允
价值减少╱增加人民币5,693,000元（2023年：
人民币909,000元）
| – | – | 110,282 | 110,282 |
|---|
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
38. 金融工具公允价值及公允
价值等级（续）
欠缺市场流通性的折让指市场参与
者将在定价投资时考虑的本集团所
厘定之溢价及折让金额。
公允价值等级
下表列明本集团的金融工具的公允
价值计量等级：
按公允价值计量的资产：
于2024年12月31日
38. FAIR VALUE AND FAIR VALUE HIERARCHY
OF FINANCIAL INSTRUMENTS (continued)
The discount for lack of marketability represents the
amounts of premiums and discounts determined by the
Group that market participants would take into acount
when pricing the investments.
Fair value hierarchy
The folowing tables ilustrate the fair value measurement
hierarchy of the Group’s financial instruments:
Asets measured at fair value:
As at 31 December 2024
Fair value measurement using
使用以下各项进行的公允价值计量
Quoted
prices
in active
markets
Significant
observable
inputs
Significant
unobservable
inputs
(Level 1)(Level 2)(Level 3)Total
于活跃市场
的报价
（第一级）
重大可观察
输入数据
（第二级）
重大不可观察
输入数据
（第三级）总计
RMB’000RMB’000RMB’000RMB’000
人民币千元人民币千元人民币千元人民币千元
Financial asets at fair value through
profit or los
透过损益按公允价值
列账的金融资产
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
38. 金融工具公允价值及公允
价值等级（续）
公允价值等级（续）
下表列明本集团的金融工具的公允
价值计量等级：（续）
按公允价值计量的资产：（续）
于2023年12月31日
38. FAIR VALUE AND FAIR VALUE HIERARCHY
OF FINANCIAL INSTRUMENTS (continued)
Fair value hierarchy (continued)
The folowing tables ilustrate the fair value measurement
hierarchy of the Group’s financial instruments: (continued)
Asets measured at fair value: (continued)
As at 31 December 2023
Fair value measurement using
使用以下各项进行的公允价值计量
Quoted
prices
in active
markets
Significant
observable
inputs
Significant
unobservable
inputs
(Level 1)(Level 2)(Level 3)Total
于活跃市场
的报价
（第一级）
重大可观察
输入数据
（第二级）
重大不可观察
输入数据
（第三级）总计
RMB’000RMB’000RMB’000RMB’000
人民币千元人民币千元人民币千元人民币千元
Financial asets at fair value through
profit or los
透过损益按公允价值
列账的金融资产–146,429146,429
| 146,429 |
|---|
| – |
| – |
| (36,147) |
| – |
| 110,282 |
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
38. 金融工具公允价值及公允
价值等级（续）
公允价值等级（续）
第三级公允价值计量于年内的变动
如下：
于2024年及2023年12月31日，本
集团并无任何按公允价值计量的金
融负债。于2024年及2023年12月
31日，于合并财务报表确认的金融
负债的账面值与其公允价值相若。
年内，金融资产及金融负债第一级
及第二级公允价值计量之间并无
转移，且并无转至或转自第三级
（2023年：无）。
38. FAIR VALUE AND FAIR VALUE HIERARCHY
OF FINANCIAL INSTRUMENTS (continued)
Fair value hierarchy (continued)
The movements in fair value measurements within Level 3
during the year are as folows:
2024年2023年
RMB’000RMB’000
人民币千元人民币千元
Financial asets at fair value through
profit or los
透过损益按公允价值
列账的金融资产
At 1 January于1月1日165,020
Purchases购买–
Capital refund资本返还(8,385)
Fair value loses公允价值亏损(6,206)
Disposals出售(4,000)
At 31 December于12月31日146,429
The Group did not have any financial liabilities measured
at fair value as at 31 December 2024 and 2023. The
carying amounts of the financial liabilities as recognised in
consolidated financial statements as at 31 December 2024
and 2023 were aproximate to their fair values.
During the year, there were no transfers of fair value
measurements betwen Level 1 and Level 2 and no
transfers into or out of Level 3 for both financial asets and
financial liabilities (2023: Nil).
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
39. FINANCIAL RISK MANAGEMENT
OBJECTIVES AND POLICIES
The Group’s principal financial instruments comprise
interest-bearing bank and other borowings, financial
asets at fair value through profit or los, pledged deposits
and cash and bank balances. The main purpose of these
financial instruments is to raise finance for the Group’s
operations. The Group has various other financial asets and
liabilities such as trade receivables, trade payables, other
receivables and other payables, which arise directly from its
operations.
It is, and has ben throughout the year under review, the
Group’s policy that no trading in financial instruments shal
be undertaken.
The main risks arising from the Group’s financial instruments
are interest rate risk, foreign curency risk, credit risk and
liquidity risk. The board of directors reviews and agres
policies for managing each of these risks and they are
sumarised below.
39. 财务风险管理目标及政策
本集团的主要金融工具包括计息银
行及其他借款、透过损益按公允价
值列账的金融资产、已抵押存款以
及现金及银行结余。此等金融工具
主要用于为本集团筹集经营资金。
本集团有直接来自其运营的多种其
他金融资产及负债，例如贸易应收
款项、贸易应付款项、其他应收款
项及其他应付款项。
本集团的政策为及于回顾年度一直
为不进行金融工具交易。
本集团的金融工具产生的主要风险
为利率风险、外汇风险、信贷风险
及流动资金风险。董事会检讨及协
议控制各类风险的政策，有关政策
概述于下文。
| 100 | (26,414) |
|---|---|
| (100) | 26,414 |
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
39. 财务风险管理目标及政策
（续）
利率风险
本集团所面临的市场利率变动风险
主要与附注29所载的本集团按浮动
利率计息的银行及其他借款有关。
本集团并未使用任何利率掉期以对
冲其利率风险。
下表显示在一切其他变量维持不变
时，本集团除税前亏损（透过对浮动
利率借贷之影响）对利率在合理可能
变动下之敏感度。
39. FINANCIAL RISK MANAGEMENT
OBJECTIVES AND POLICIES (continued)
Interest rate risk
The Group’s exposure to the risk of changes in market
interest rates relates primarily to the Group’s bank and other
borowings with a floating interest rate set out in note 29.
The Group has not used any interest rate swaps to hedge
its interest rate risk.
The folowing table demonstrates the sensitivity to a
reasonably posible change in interest rate, with al other
variables held constant, of the Group’s los before tax
(through the impact on floating rate borowings).
Increase/
(decrease) in
basis points
Increase/
(decrease) in
profit before tax
基点上升╱
（下跌）
除税前溢利
增加╱（减少）
RMB’000
人民币千元
For the year ended 31 December 2024截至2024年12月31日止年度
Increase/
(decrease) in
basis points
Increase/
(decrease) in
profit before tax
基点上升╱
（下跌）
除税前溢利
增加╱（减少）
RMB’000
人民币千元
For the year ended 31 December 2023截至2023年12月31日止年度100(38,786)
(100)38,786
| 10 | (7) |
|---|---|
| (10) | 7 |
| 10 | (238) |
| (10) | 238 |
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
39. 财务风险管理目标及政策
（续）
外汇风险
本集团的业务位于中国内地，且几
乎所有交易以人民币开展。本集团
的所有资产及负债均以人民币计
值，惟本公司及若干附属公司持有
以美元及港元计值的资产及负债除
外。
下表列示于报告期末在所有其他变
量维持不变的情况下，因美元和港
币汇率的合理可能变动而对本集团
除税前亏损的影响（产生自以美元及
港元计值的金融工具）。
2024年
39. FINANCIAL RISK MANAGEMENT
OBJECTIVES AND POLICIES (continued)
Foreign curency risk
The Group’s busineses are located in Chinese Mainland
and nearly al transactions are conducted in RMB. Al of
the Group’s asets and liabilities are denominated in RMB,
except for those owned by the Company and certain
subsidiaries which are denominated in USD and HKD.
The folowing table demonstrates the sensitivity at the end of
the reporting period to a reasonably posible change in the
USD and HKD exchange rates, with al other variables held
constant, of the Group’s los before tax (arising from USD
and HKD denominated financial instruments).
Increase/
(decrease) in
USD/HKD rate
Increase/
(decrease) in
profit before tax
美元╱港币
汇率上升╱
（下跌）
除税前溢利
增加╱（减少）
%RMB’000
人民币千元
If the RMB weakens against the USD倘人民币兑美元转弱
If the RMB strengthens against the USD倘人民币兑美元转强
If the RMB weakens against the HKD倘人民币兑港币转弱
If the RMB strengthens against the HKD倘人民币兑港币转强
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
39. 财务风险管理目标及政策
（续）
外汇风险（续）
2023年
信贷风险
本集团与信誉良好的认可第三方交
易。本集团的政策是，凡有意以信
贷期方式交易客户均须接受信用验
证程序。此外，本集团持续监察应
收款项结余，因此本集团承担的坏
账风险不大。对于并非以有关经营
单位的功能货币计值的交易，本集
团在未经信贷监控主管作出特定批
准下，不会提供信贷期。
最高风险及年末阶段
下表显示根据本集团信贷政策（主要
基于逾期资料，除非在毋须付出不
必要的成本或努力下可得其他资料）
的信贷质素及最高信贷风险承担，
以及于12月31日的年末阶段分类。
所呈列的金额为金融资产的账面总
值。
39. FINANCIAL RISK MANAGEMENT
OBJECTIVES AND POLICIES (continued)
Foreign curency risk (continued)
Increase/
(decrease) in
USD/HKD rate
Increase/
(decrease) in
profit before tax
美元╱港币
汇率上升╱
（下跌）
除税前溢利
增加╱（减少）
%RMB’000
人民币千元
If the RMB weakens against the USD倘人民币兑美元转弱10(2,075)
If the RMB strengthens against the USD倘人民币兑美元转强(10)2,075
If the RMB weakens against the HKD倘人民币兑港币转弱10(1,928)
If the RMB strengthens against the HKD倘人民币兑港币转强(10)1,928
Credit risk
The Group trades with recognised and creditworthy third
parties. It is the Group’s policy that al customers who wish
to trade on credit terms are subject to credit verification
procedures. In adition, receivable balances are monitored
on an ongoing basis and the Group’s exposure to bad debts
is not significant. For transactions that are not denominated
in the functional curency of the relevant operating unit,
the Group does not ofer credit terms without the specific
aproval of the Head of Credit Control.
Maximum exposure and year-end staging
The tables below show the credit quality and the maximum
exposure to credit risk based on the Group’s credit policy,
which is mainly based on past due information unles other
information is available without undue cost or efort, and
year-end staging clasification as at 31 December. The
amounts presented are gros carying amounts for financial
asets.
| – | – | – | 94,845 | 94,845 |
|---|---|---|---|---|
| 63,160 | – | – | – | 63,160 |
| – | – | 33,600 | – | 33,600 |
| 64,738 | – | – | – | 64,738 |
| 127,898 | – | 33,600 | 94,845 | 256,343 |
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
39. 财务风险管理目标及政策
（续）
信贷风险（续）
最高风险及年末阶段（续）
于2024年12月31日
39. FINANCIAL RISK MANAGEMENT
OBJECTIVES AND POLICIES (continued)
Credit risk (continued)
Maximum exposure and year-end staging (continued)
As at 31 December 2024
12-month
ECLsLifetime ECLs
12个月预期
信贷亏损存续期预期信贷亏损
Stage 1Stage 2Stage 3
Simplified
aproachTotal
第1阶段第2阶段第3阶段简化方法总计
RMB’000RMB’000RMB’000RMB’000RMB’000
人民币千元人民币千元人民币千元人民币千元人民币千元
Trade receivables (note 22)贸易应收款项
（附注22）
Financial asets included
in prepayments and other
receivables
计入预付款项及其他
应收款项内的
金融资产
– Normal －正常
– Doubtful －呆滞
Cash and cash equivalents现金及现金等值物
– Not yet past due －尚未逾期
Total总计
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
39. 财务风险管理目标及政策
（续）
信贷风险（续）
最高风险及年末阶段（续）
于2023年12月31日
* 就本集团应用简化减值方法的贸易
应收款项而言，以拨备矩阵为基础
的资料于财务报表附注22内披露。
计入预付款项及其他应收款项内的
金融资产的信贷质素，在未逾期且
并无资料显示该等金融资产的信贷
风险自首次确认以来已大幅增加的
情况下被视为「正常」。否则，该等
金融资产的信贷质素被视为「呆滞」。
39. FINANCIAL RISK MANAGEMENT
OBJECTIVES AND POLICIES (continued)
Credit risk (continued)
Maximum exposure and year-end staging (continued)
As at 31 December 2023
12-month
ECLsLifetime ECLs
12个月预期
信贷亏损存续期预期信贷亏损
Stage 1Stage 2Stage 3
Simplified
aproachTotal
第1阶段第2阶段第3阶段简化方法总计
RMB’000RMB’000RMB’000RMB’000RMB’000
人民币千元人民币千元人民币千元人民币千元人民币千元
Trade receivables (note 22)贸易应收款项
（附注22）–99,83199,831
Financial asets included
in prepayments and other
receivables
计入预付款项及其他
应收款项内的
金融资产
– Normal －正常324,222–11,993336,215
– Doubtful －呆滞30,283–30,283
Pledged deposits已抵押存款
– Not yet past due －尚未逾期5,912–5,912
Cash and cash equivalents现金及现金等值物
– Not yet past due －尚未逾期1,702,264–1,702,264
Total总计2,062,681–111,8242,174,505
* For trade receivables to which the Group aplies the
simplified aproach for impairment, information based on
the provision matrix is disclosed in note 22 to the financial
statements.
The credit quality of the financial asets included in
prepayments and other receivables is considered to be
“normal” when they are not past due and there is no
information indicating that the financial asets had a
significant increase in credit risk since initial recognition.
Otherwise, the credit quality of the financial asets is
considered to be “doubtful”.
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
39. 财务风险管理目标及政策
（续）
信贷风险（续）
最高风险及年末阶段（续）
有关本集团因贸易应收款项而引起
的信贷风险承担的进一步定量数据
于财务报表附注22内披露。
由于本集团只与信誉良好的认可第
三方交易，故并无要求提供抵押
品。信贷风险的集中程度由客户╱
交易对手按地区及按行业管理。
于报告期末，由于本集团5.74%
（2023年：34.14%）的贸易应收款
项乃应收本集团公园营运分部中其
中一名债务人的款项，故本集团面
对若干集中的信贷风险。
流动资金风险
本集团的目标是透过使用计息银行
贷款及其他借贷以及租赁负债维持
资金持续性与灵活性间的平衡。故
持续密切监察现金流量。
39. FINANCIAL RISK MANAGEMENT
OBJECTIVES AND POLICIES (continued)
Credit risk (continued)
Maximum exposure and year-end staging (continued)
Further quantitative data in respect of the Group’s exposure
to credit risk arising from trade receivables are disclosed in
note 22 to the financial statements.
Since the Group trades only with recognised and
creditworthy third parties, there is no requirement for
colateral. Concentrations of credit risk are managed by
customer/counterparty, by geographical region and by
industry sector. At the end of the reporting period, the
Group had certain concentrations of credit risk as 5.74%
(2023: 34.14%) of the Group’s trade receivables was due
from one of the Group’s debtors within the park operation
segment.
Liquidity risk
The Group’s objective is to maintain a balance betwen
continuity of funding and flexibility through the use of
interest-bearing bank loans and other borowings, and lease
liabilities. Cash flows are closely monitored on an ongoing
basis.
| 5.35% | 496,640 | 114,188 | 1,024,276 | 4,174,225 | 1,201,229 | 7,010,558 | 5,898,417 |
|---|---|---|---|---|---|---|---|
| 6.06% | – | 6,217 | 37,794 | 133,015 | 279,718 | 456,744 | 295,348 |
| – | 935,049 | 100,000 | – | – | – | 1,035,049 | 1,035,049 |
| – | 755,433 | – | – | 26,121 | – | 781,554 | 779,008 |
| 2,187,122 | 220,405 | 1,062,070 | 4,333,361 | 1,480,947 | 9,283,905 | 8,007,822 |
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
39. 财务风险管理目标及政策
（续）
流动资金风险（续）
于报告期末，本集团的金融负债根
据合约未贴现付款作出的到期情况
如下：
39. FINANCIAL RISK MANAGEMENT
OBJECTIVES AND POLICIES (continued)
Liquidity risk (continued)
The maturity profile of the Group’s financial liabilities as
at the end of reporting period, based on the contractual
undiscounted payments, is as folows:
Weighted
average
interest rate
On
demand
Les than
3 months
3 to les
than 12
months
1 to 5
years
Over
5 years
Total
undiscounted
cash flow
Carying
amount
加权
平均利率按要求少于3个月3至少于12个月1至5年5年以上
未贴现金
流量总额账面值
RMB’000RMB’000RMB’000RMB’000RMB’000RMB’000RMB’000
人民币千元人民币千元人民币千元人民币千元人民币千元人民币千元人民币千元
31 December 20242024年12月31日
Interest-bearing bank and
other borowings
(excluding lease liabilities)
计息银行及其他
借款（不包括
租赁负债）
Lease liabilities租赁负债
Trade and bils payables贸易应付款项及
应付票据
Other payables and
acruals
其他应付款项及
应计费用
Total总计
31 December 20232023年12月31日
Interest-bearing bank and
other borowings
(excluding lease liabilities)
计息银行及其他
借款（不包括
租赁负债）5.81%–431,7741,287,2694,114,5651,776,9487,610,5566,142,868
Lease liabilities租赁负债6.06%–10,60731,82198,59439,628180,650156,104
Trade payables贸易应付款项–735,561–723,159–1,458,7201,401,731
Other payables and
acruals
其他应付款项及
应计费用–681,465–112,893–794,358786,436
Total总计1,417,026442,3811,319,0905,049,2111,816,57610,044,2848,487,139
| 5,898,417 |
|---|
| 295,348 |
| (64,738) |
| 6,129,027 |
| 1,815,300 |
| 338% |
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
39. 财务风险管理目标及政策
（续）
资本管理
本集团资本管理的首要目标是维护
本集团的持续经营能力及维持稳健
的资本化比率，以支持其业务及为
权益持有人带来最大价值。
本集团根据经济状况变动及相关资
产的风险特点管理及调整资本结
构。为维持或调整资本结构，本集
团或会调整派付予股东的股息、向
股东归还资本或发行新股。本集
团不受任何外部施加的资本要求
规限。于截至2024年12月31日及
2023年12月31日止年度，目标、
政策或程序并无任何变动。
本集团利用净负债总权益比率来监
察资本。债务净额包括计息银行及
其他借贷以及租赁负债，减现金及
现金等值物。于报告期末的负债比
率如下：
39. FINANCIAL RISK MANAGEMENT
OBJECTIVES AND POLICIES (continued)
Capital management
The primary objectives of the Group’s capital management
are to safeguard the Group’s ability to continue as a going
concern and to maintain healthy capital ratios in order to
suport its busines and maximise equity holders’ value.
The Group manages its capital structure and makes
adjustments to it in light of changes in economic conditions
and the risk characteristics of the underlying asets. To
maintain or adjust the capital structure, the Group may
adjust the dividend payment to shareholders, return capital
to shareholders or isue new shares. The Group is not
subject to any externaly imposed capital requirements. No
changes were made in the objectives, policies or proceses
during the years ended 31 December 2024 and 31
December 2023.
The Group monitors capital using a net debt to total
equity ratio. Net debt includes interest-bearing bank and
other borowings, and lease liabilities, les cash and cash
equivalents. The gearing ratios as at the end of the reporting
periods were as folows:
2024年2023年
RMB’000RMB’000
人民币千元人民币千元
Interest-bearing bank and other
borowings (note 29)
计息银行及其他借款
（附注29）6,142,868
Lease liabilities (note 29)租赁负债（附注29）156,104
Les: Cash and cash equivalents减：现金及现金等值物(1,702,264)
Net debt债务净额4,596,708
Total equity权益总额2,518,362
Net debt to total equity ratio净负债总权益比率183%
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
40. 退休福利计划
本集团根据香港强制性公积金计划
条例运作一项界定供款强积金退休
福利计划（「强积金计划」）。根据强
积金计划，雇员须按每月薪金的5%
或最高1,500港元（2023年：1,500
港元）供款，并可选择作出额外供
款。雇主的每月供款则按雇员每月
薪金的5%或最多1,500港元（2023
年：1,500港元）计算（「强制性供
款」）。雇员于65岁退休、身故或完
全丧失行为能力时，可获雇主100%
的强制性供款。已于合并损益及其
他全面收益表扣除的强积金计划所
产生退休福利计划供款，指本集团
按计划规则所订明的比率向基金已
付或应付的供款。
本集团于中国附属公司的雇员均为
中国政府营运的国家管理退休福利
计划的成员。本集团须向该退休福
利计划供款，供款额按各地方政府
机关厘定的薪金成本指定百分比计
算，以为该福利计划提供资金。
于2024年及2023年12月31日，并
无任何界定供款计划项下已没收供
款可让本集团用作减少现有供款水
平，而本集团于该两个年度亦无没
收任何界定供款计划项下的任何供
款。本集团已付及应付计划供款于
合并财务报表附注7披露。
40. RETIREMENT BENEFIT SCHEMES
The Group operates a defined contribution MPF retirement
benefit scheme (the “MPF Scheme”) under the Hong Kong
Mandatory Provident Fund Schemes Ordinance. Under the
MPF Scheme, employes are required to contribute 5%
of their monthly salaries or up to a maximum of HK$1,500
(2023: HK$1,500) and they can chose to make aditional
contributions. Employers’ monthly contributions are
calculated at 5% of the employe’s monthly salaries or up to
a maximum of HK$1,500 (2023: HK$1,500) (the “Mandatory
Contributions”). Employes are entitled to 100% of the
employer’s Mandatory Contributions upon their retirement
at the age of 65, death or total incapacity. The retirement
benefit scheme contributions arising from the MPF Scheme
charged to the consolidated statement of profit or los and
other comprehensive income represent contributions paid or
payable to the funds by the Group at rates specified in the
rules of the schemes.
Employes of the Group’s subsidiaries in the PRC are
members of a state-managed retirement benefit scheme
operated by the PRC government. The Group is required
to contribute a specified percentage of payrol costs as
determined by respective local government authority to the
retirement benefit scheme to fund the benefit scheme.
At 31 December 2024 and 2023, there was no forfeited
contribution under any defined contribution schemes
available which may be used by the Group to reduce the
existing level of contributions, nor any contribution under
any defined contribution schemes was forfeited by the
Group for both years. The contributions paid and payable to
the schemes by the Group are disclosed in Notes 7 to the
consolidated financial statements.
| 6,416 |
|---|
| – |
| 246 |
| 6,662 |
| 4,145 |
| 4,145 |
| 2,517 |
| 2,517 |
| 2,517 |
| 2,489 |
| 28 |
| 2,517 |
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
41. 本公司财务状况表
有关于报告期末本公司财务状况表
的资料列载如下：
41. STATEMENT OF FINANCIAL POSITION OF
THE COMPANY
Information about the statement of financial position of the
Company at the end of the reporting period is as folows:
31 December
31 December
2024年
12月31日
2023年
12月31日
RMB’000RMB’000
人民币千元人民币千元
CURENT ASETS流动资产
Prepayments and other receivables预付款项及其他应收款项5,629
Due from subsidiaries应收附属公司款项3,254,399
Cash and cash equivalents现金及现金等值物236
Total curent asets流动资产总额3,260,264
CURENT LIABILITIES流动负债
Other payables and acruals其他应付款项及应计费用4,456
Total curent liabilities流动负债总额4,456
NET CURENT ASETS流动资产净额3,255,808
TOTAL ASETS LES CURENT LIABILITIES总资产减流动负债3,255,808
Net asets资产净额3,255,808
EQUITY权益
Share capital股本2,489
Reserves (note)储备（附注）3,253,319
Total equity总权益3,255,808
| – | – | 98,672 | (3,351,963) | – | (3,253,291) |
|---|---|---|---|---|---|
| 2,637,780 | 426,726 | 459,316 | (3,486,665) | (37,129) | 28 |
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
- （续）
附注：
本公司储备概要列载如下：
42. 报告期后事项
除财务报表其他部分所披露者外，
于报告期后，本集团概无其他期后
事项。
41. STATEMENT OF FINANCIAL POSITION OF
THE COMPANY (continued)
Note:
A sumary of the Company’s reserves is as folows:
Share
premium
Capital
reserve
Exchange
fluctuation
reserve
Acumulated
loses
Treasury
sharesTotal
股份溢价资本储备汇兑波动储备累计亏损库存股总计
RMB’000RMB’000RMB’000RMB’000RMB’000RMB’000
人民币千元人民币千元人民币千元人民币千元人民币千元人民币千元
At 1 January 2023于2023年1月1日2,637,780426,726304,631(105,104)–3,264,033
Los for the year年内亏损–(29,598)–(29,598)
Exchange diferences on translation of
foreign operations
换算海外业务的汇兑差额
–56,013–56,013
Total comprehensive income/(los)
for the year
年内全面收益╱（亏损）
总额–56,013(29,598)–26,415
Share repurchase回购股份–(37,129)(37,129)
At 31 December 2023 and
1 January 2024
于2023年12月31日及
2024年1月1日2,637,780426,726360,644(134,702)(37,129)3,253,319
Los for the year年内亏损–(3,351,963)–(3,351,963)
Exchange diferences on translation of
foreign operations
换算海外业务的汇兑差额
–98,672–98,672
Total comprehensive income/(los)
for the year
年内全面收益╱（亏损）
总额
At 31 December 2024于2024年12月31日
42. EVENTS AFTER THE REPORTING PERIOD
Saved as disclosed elsewhere in the financial statements,
the Group had no other subsequent events after the
reporting period.
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
43. INFORMATION ABOUT SUBSIDIARIES
Information about subsidiaries
Particulars of the Company’s principal subsidiaries as at the
date of this report are as folows:
Name
Place and date of
registration
and busines
Isued ordinary share/
registered capital
Percentage of
equity atributable
to the Company Principal activities
名称
注册及
营业地点及日期
已发行普通股╱
注册资本
本公司应占
权益百分比主要业务
DirectIndirect
直接间接
海昌(中国)有限公司
(“Haichang China”)
#
PRC/Chinese Mainland
11 December 1996
RMB4,000,000,000–100%Investment holding
海昌（中国）有限公司
（「海昌中国」）
#
中国╱中国内地
1996年12月11日
人民币4,000,000,000元–100%投资控股
海昌(中国)投资有限公司
(“Haichang China Investment”)
#
PRC/Chinese Mainland
23 November 2015
RMB190,000,000–100%Investment holding
海昌（中国）投资有限公司
（「海昌中国投资」）
#
中国╱中国内地
2015年11月23日
人民币190,000,000元–100%投资控股
大连海昌旅游集团有限公司
(“Dalian Tourism”)
#
PRC/Chinese Mainland
28 January 2010
RMB2,000,000,000–100%Investment holding
大连海昌旅游集团有限公司
（「大连旅游」）
#
中国╱中国内地
2010年1月28日
人民币2,000,000,000元–100%投资控股
大连老虎滩海洋公园有限公司
(“LHT”)*
#
PRC/Chinese Mainland
13 February 2001
RMB240,584,000–58.3%Park operation
大连老虎滩海洋公园有限公司
（「大连虎滩」）*
#
中国╱中国内地
2001年2月13日
人民币240,584,000元–58.3%公园营运
烟台渔人码头投资有限公司
(“Yantai Park”)
#
PRC/Chinese Mainland
15 March 2005
RMB30,000,000–100%Park and hotel operation
烟台渔人码头投资有限公司
（「烟台公园」）
#
中国╱中国内地
2005年3月15日
人民币30,000,000元–100%公园及酒店营运
上海昌极地海洋世界有限公司
(“Shanghai Haichang”)
#
PRC/Chinese Mainland
19 July 2011
RMB900,000,000–100%Park development
and hotel operation
上海昌极地海洋世界有限公司
（「上海昌」）
#
中国╱中国内地
2011年7月19日
人民币900,000,000元–100%公园发展及酒店营运
43. 有关附属公司的资料
有关附属公司的资料
于本报告日期的本公司主要附属公
司详情如下：
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
Name
Place and date of
registration
and busines
Isued ordinary share/
registered capital
Percentage of
equity atributable
to the Company Principal activities
名称
注册及
营业地点及日期
已发行普通股╱
注册资本
本公司应占
权益百分比主要业务
DirectIndirect
直接间接
大连海昌发现王国主题公园有限公司
(“Discoveryland”)
#
PRC/Chinese Mainland
28 May 2012
USD73,235,294–100%Park and hotel operation,
property development
and investment
大连海昌发现王国主题公园有限公司
（「发现王国」）
#
中国╱中国内地
2012年5月28日
73,235,294美元–100%公园及酒店营运、
物业发展及投资
重庆海昌加勒比海旅游发展有限公司
(“Chongqing Caribean”)
#
PRC/Mainland China
18 January 2012
RMB351,291,310–100%Park operation,
property development
and investment
重庆海昌加勒比海旅游发展有限公司
（「重庆加勒比海」）
#
中国╱中国内地
2012年1月18日
人民币351,291,310元–100%公园营运、物业发展及投资
三亚海昌梦幻不夜城发展有限公司
(“Sanya Haichang Dream World”)
#
PRC/Chinese Mainland
24 December 2013
RMB589,600,000–100%Park development
and operation
三亚海昌梦幻不夜城发展有限公司
（「三亚海昌梦幻不夜城」）
#
中国╱中国内地
2013年12月24日
人民币589,600,000元–100%公园发展及营运
上海昌旅游咨询有限公司
(“Tourism Consulting”)
#
PRC/Chinese Mainland
29 June 2015
RMB10,000,000–100%Tourism consulting,
construction project
design and consulting
上海昌旅游咨询有限公司
（「旅游咨询公司」）
#
中国╱中国内地
2015年6月29日
人民币10,000,000元–100%旅游咨询、建筑项目
设计及咨询
上海昌极地海洋生物科技有限公司
(“Shanghai Biotechnology”)
#
PRC/Chinese Mainland
30 May 2016
RMB100,000,000–100%Import and export of
gods and technology,
and marine biotechnology
development
上海昌极地海洋生物科技有限公司
（「上海生物科技」）
#
中国╱中国内地
2016年5月30日
人民币100,000,000元–100%商品及技术进出口
以及海洋生物科技开发
43. INFORMATION ABOUT SUBSIDIARIES
(continued)
Information about subsidiaries (continued)
- （续）
有关附属公司的资料（续）
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
Name
Place and date of
registration
and busines
Isued ordinary share/
registered capital
Percentage of
equity atributable
to the Company Principal activities
名称
注册及
营业地点及日期
已发行普通股╱
注册资本
本公司应占
权益百分比主要业务
DirectIndirect
直接间接
上海昌海融资租赁有限公司
(“Changhai Lease”)
#
PRC/Chinese Mainland
7 June 2016
RMB170,000,000–100%Finance lease
busines
上海昌海融资租赁有限公司
（「昌海租赁」）
#
中国╱中国内地
2016年6月7日
人民币170,000,000元–100%融资租赁业务
郑州海昌极地海洋公园有限公司
(“Zhengzhou Park”)
#
PRC/Chinese Mainland
6 July 2016
RMB700,000,000–100%Park development
and operation
郑州海昌极地海洋公园有限公司
（「郑州公园」）
#
中国╱中国内地
2016年7月6日
人民币700,000,000元–100%公园发展及营运
郑州海昌海洋公园旅游发展有限公司
(“Zhengzhou Tourism”)
#
PRC/Chinese Mainland
20 June 2017
RMB804,050,000–100%Park development
and operation
郑州海昌海洋公园旅游发展有限公司
（「郑州旅游」）
#
中国╱中国内地
2017年6月20日
人民币804,050,000元–100%公园发展及营运
上海昌旅游集团有限公司
(“Shanghai Tourism”)
#
PRC/Chinese Mainland
21 February 2019
RMB5,068,492,000–100%Investment holding
上海昌旅游集团有限公司
（「上海旅游」）
#
中国╱中国内地
2019年2月21日
人民币5,068,492,000元–100%投资控股
上海芃嘉悦文化创意有限公司
(“Haipeng Jiayue”)*
#
PRC/Chinese Mainland
1 December 2022
RMB75,000,000–60%Investment holding
上海芃嘉悦文化创意有限公司
（「海芃嘉悦」）*
#
中国╱中国内地
2022年12月1日
人民币75,000,000元–60%投资控股
43. INFORMATION ABOUT SUBSIDIARIES
(continued)
Information about subsidiaries (continued)
- （续）
有关附属公司的资料（续）
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
- （续）
有关附属公司的资料（续）
- ，大
连虎滩的利润分成比例并非按其股
权比例厘定，但已于组织章程细则
内界定。根据组织章程细则，本集
团及其他权益持有人按6:4的比例摊
分大连虎滩的利润。
海昌中国由海昌控股（香港）有限
公司根据中国法律注册为一间外
商独资企业。于2024年12月31
日，海昌中国的注册资本为人民
币4,000,000,000元，其中人民币
323,250,000元尚未缴足。
* 于2024年12月31日，海芃嘉悦的注
册资本为人民币75,000,000元，其
中人民币40,000,000元尚未缴足。
#
该等附属公司为有限责任公司。
上表列出的是董事认为对本集团年
内业绩有重大影响或组成本集团大
部分净资产的本公司附属公司。董
事认为，提供其他附属公司的详情
会令篇幅过于冗长。
43. INFORMATION ABOUT SUBSIDIARIES
(Continued)
Information about subsidiaries (Continued)
- , the profit
sharing ratios of LHT are not in proportion to its equity ratios
but are as defined in the articles of asociation. Pursuant to
the articles of asociation, the Group and the other equity
holder share the profits of LHT at a 6:4 ratio.
Haichang China is registered as a wholy-foreign-owned
investment enterprise by Haichang Holdings (Hong Kong)
Limited under PRC law. As at 31 December 2024, the
registered capital of Haichang China amounted to RMB4,000
milion, of which RMB323.25 milion remained unpaid.
* As at 31 December 2024, the registered capital of Haipeng
Jiayue amounted to RMB75 milion, of which RMB40 milion
remained unpaid.
#
The subsidiaries are limited liability companies.
The above table lists the subsidiaries of the Company which,
in the opinion of the directors, principaly afected the results
for the year or formed a substantial portion of the net asets
of the Group. To give details of other subsidiaries would, in
the opinion of the directors, result in particulars of excesive
length.
2024年度报告 海昌海洋公园控股有限公司
NOTES TO FINANCIAL STATEMENTS
财务报表附注
31 December 2024
2024年12月31日
44. 财务报表的批准
财务报表已于2024年3月26日获董
事会批准及授权刊发。
44. APROVAL OF THE FINANCIAL
STATEMENTS
The financial statements were aproved and authorised for
isue by the board of directors on 26 March 2024.
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
MAJOR PROPERTIES HELD BY THE GROUP
本集团持有之主要物业
City-PhaseUsageAdresStatus
Actual or
planed
construction
period
Total
actual or
planed GFA
(sq.m.)
总实际或
规划楼面积
Cumulative
total
GFA sold
(sq.m.)
累计已销售
总楼面积
Total actual
or planed
GFA held for
sale
(sq.m.)
持作销售的
总实际或规划
楼面积
Total actual
or planed
GFA held for
investment
(sq.m.)
持作投资的
总实际或规划
楼面积
Term
of land
Interest
atributable
to the Group
本集团
城市－阶段用途地址状态实际或计划工期（平方米）（平方米）（平方米）（平方米）土地年期应占权益
Dalian – DiscoverylandParkNo. 35 Jinshi Road, Jinshitan, Economic and Technological Development Area, Dalian, Liaoning Province, PRCompleted2002－2006118,164Not aplicableNot aplicableNot aplicable50 years100%
大连－发现王国公园中国辽宁省大连经济技术开发区金石滩金石路35号已完成2002年－2006年不适用不适用不适用50年
Dalian – DiscoverylandHotelNo. 37 Jinshi Road, Jinshitan, Economic and Technological Development Area, Dalian, Liaoning Province, PRCompleted2002 – 200613,704Not aplicableNot aplicableNot aplicable50 years100%
大连－发现王国酒店中国辽宁省大连经济技术开发区金石滩金石路37号已完成2002年－2006年不适用不适用不适用50年
Dalian – DiscoverylandOficeNo. 38 Jinshi Road, Jinshitan, Economic and Technological Development Area, Dalian, Liaoning Province, PRCompleted2002－20069,644Not aplicableNot aplicableNot aplicable50 years100%
大连－发现王国办公中国辽宁省大连经济技术开发区金石滩金石路38号已完成2002年－2006年不适用不适用不适用50年
DalianComercial stret
Dalian Laohutan Fisherman’s Wharf, Dalian, Liaoning Province, PRCompleted–12,671–12,671Not aplicable40 years100%
大连商业街
中国辽宁省大连市大连老虎滩渔人码头已完成–不适用40年
DalianComercial SpaceHaichang Xincheng Comercial Space, No. 137 Huale Stret, Zhongshan District, Dalian, Liaoning Province, PRCompleted–6,365–Not aplicable70 years100%
大连底商中国辽宁省大连市中山区华乐街137号海昌欣城底商已完成–不适用70年
Sanya – Phase IPark + Comercial stretSanya Haichang Fantasy Town, Haitang South Road, Sanya, Hainan Province, PRCompleted–47,402Not aplicable9,630Not aplicable50 years100%
三亚－一期公园+商业街中国海南省三亚市海棠南路三亚梦幻不夜城已完成–(11,093)不适用不适用50年
Sanya – Stage 2, Phase ITo be determinedSanya Haichang Fantasy Town, Haitang South Road, Sanya, Hainan Province, PRCFor future development–40,897Not aplicableNot aplicableNot aplicable50 years100%
三亚－一期第2阶段待定中国海南省三亚市海棠南路三亚梦幻不夜城用于未来发展–(13,128)不适用不适用不适用50年
A parcel of land of Sanya PropertyTo be determinedSanya Haichang Fantasy Town, Haitang South Road, Sanya, Hainan Province, PRCFor future development–35,822Not aplicableNot aplicableNot aplicable50 years100%
三亚置业地块待定中国海南省三亚市海棠南路三亚梦幻不夜城用于未来发展–不适用不适用不适用50年
Shanghai – Park Phase IParkNo. 166 Yin Fei Road, Nanhui New City, Pudong New District, Shanghai, PRCompleted2016.9 – 2018.11171,900Not aplicableNot aplicableNot aplicable40 years100%
上海－公园一期公园中国上海市浦东新区南汇新城镇银飞路166号已完成2016年9月－2018年11月(33,658)不适用不适用不适用40年
Shanghai – Hotel Phase IComercialNo. 777 Qi Qing Road, Nanhui New City, Pudong New District, Shanghai, PRCompleted2016.9 – 2018.1135,490Not aplicableNot aplicableNot aplicable40 years100%
上海－一期酒店商业中国上海市浦东新区南汇新城镇杞青路777号已完成2016年9月－2018年11月(11,000)不适用不适用不适用40年
Yantai – Phase IParkNo. 45 Binhai Road, Laishan District, Yantai, Shandong Province, PRCompleted2006.11 – 2010.717,170Not aplicableNot aplicableNot aplicable40 years100%
烟台－一期公园中国山东省烟台市莱山区滨海路45号已完成2006年11月－2010年7月(7,284)不适用不适用不适用40年
Yantai – Phase IHotelNo. 45 Binhai Road, Laishan District, Yantai, Shandong Province, PRCompleted2006.11 – 2010.714,717Not aplicableNot aplicableNot aplicable40 years100%
烟台－一期酒店中国山东省烟台市莱山区滨海路45号已完成2006年11月－2010年7月(3,628)不适用不适用不适用40年
Yantai – Phase IComercial stretNo. 45 Binhai Road, Laishan District, Yantai, Shandong Province, PRCompleted2006.11 – 2010.746,42235,357Not aplicable9,69840 years100%
烟台－一期商业街中国山东省烟台市莱山区滨海路45号已完成2006年11月－2010年7月不适用40年
2024年度报告 海昌海洋公园控股有限公司
MAJOR PROPERTIES HELD BY THE GROUP
本集团持有之主要物业
City-PhaseUsageAdresStatus
Actual or
planed
construction
period
Total
actual or
planed GFA
(sq.m.)
总实际或
规划楼面积
Cumulative
total
GFA sold
(sq.m.)
累计已销售
总楼面积
Total actual
or planed
GFA held for
sale
(sq.m.)
持作销售的
总实际或规划
楼面积
Total actual
or planed
GFA held for
investment
(sq.m.)
持作投资的
总实际或规划
楼面积
Term
of land
Interest
atributable
to the Group
本集团
城市－阶段用途地址状态实际或计划工期（平方米）（平方米）（平方米）（平方米）土地年期应占权益
Dalian – DiscoverylandParkNo. 35 Jinshi Road, Jinshitan, Economic and Technological Development Area, Dalian, Liaoning Province, PRCompleted2002－2006118,164Not aplicableNot aplicableNot aplicable50 years100%
大连－发现王国公园中国辽宁省大连经济技术开发区金石滩金石路35号已完成2002年－2006年不适用不适用不适用50年
Dalian – DiscoverylandHotelNo. 37 Jinshi Road, Jinshitan, Economic and Technological Development Area, Dalian, Liaoning Province, PRCompleted2002 – 200613,704Not aplicableNot aplicableNot aplicable50 years100%
大连－发现王国酒店中国辽宁省大连经济技术开发区金石滩金石路37号已完成2002年－2006年不适用不适用不适用50年
Dalian – DiscoverylandOficeNo. 38 Jinshi Road, Jinshitan, Economic and Technological Development Area, Dalian, Liaoning Province, PRCompleted2002－20069,644Not aplicableNot aplicableNot aplicable50 years100%
大连－发现王国办公中国辽宁省大连经济技术开发区金石滩金石路38号已完成2002年－2006年不适用不适用不适用50年
DalianComercial stret
Dalian Laohutan Fisherman’s Wharf, Dalian, Liaoning Province, PRCompleted–12,671–12,671Not aplicable40 years100%
大连商业街
中国辽宁省大连市大连老虎滩渔人码头已完成–不适用40年
DalianComercial SpaceHaichang Xincheng Comercial Space, No. 137 Huale Stret, Zhongshan District, Dalian, Liaoning Province, PRCompleted–6,365–Not aplicable70 years100%
大连底商中国辽宁省大连市中山区华乐街137号海昌欣城底商已完成–不适用70年
Sanya – Phase IPark + Comercial stretSanya Haichang Fantasy Town, Haitang South Road, Sanya, Hainan Province, PRCompleted–47,402Not aplicable9,630Not aplicable50 years100%
三亚－一期公园+商业街中国海南省三亚市海棠南路三亚梦幻不夜城已完成–(11,093)不适用不适用50年
Sanya – Stage 2, Phase ITo be determinedSanya Haichang Fantasy Town, Haitang South Road, Sanya, Hainan Province, PRCFor future development–40,897Not aplicableNot aplicableNot aplicable50 years100%
三亚－一期第2阶段待定中国海南省三亚市海棠南路三亚梦幻不夜城用于未来发展–(13,128)不适用不适用不适用50年
A parcel of land of Sanya PropertyTo be determinedSanya Haichang Fantasy Town, Haitang South Road, Sanya, Hainan Province, PRCFor future development–35,822Not aplicableNot aplicableNot aplicable50 years100%
三亚置业地块待定中国海南省三亚市海棠南路三亚梦幻不夜城用于未来发展–不适用不适用不适用50年
Shanghai – Park Phase IParkNo. 166 Yin Fei Road, Nanhui New City, Pudong New District, Shanghai, PRCompleted2016.9 – 2018.11171,900Not aplicableNot aplicableNot aplicable40 years100%
上海－公园一期公园中国上海市浦东新区南汇新城镇银飞路166号已完成2016年9月－2018年11月(33,658)不适用不适用不适用40年
Shanghai – Hotel Phase IComercialNo. 777 Qi Qing Road, Nanhui New City, Pudong New District, Shanghai, PRCompleted2016.9 – 2018.1135,490Not aplicableNot aplicableNot aplicable40 years100%
上海－一期酒店商业中国上海市浦东新区南汇新城镇杞青路777号已完成2016年9月－2018年11月(11,000)不适用不适用不适用40年
Yantai – Phase IParkNo. 45 Binhai Road, Laishan District, Yantai, Shandong Province, PRCompleted2006.11 – 2010.717,170Not aplicableNot aplicableNot aplicable40 years100%
烟台－一期公园中国山东省烟台市莱山区滨海路45号已完成2006年11月－2010年7月(7,284)不适用不适用不适用40年
Yantai – Phase IHotelNo. 45 Binhai Road, Laishan District, Yantai, Shandong Province, PRCompleted2006.11 – 2010.714,717Not aplicableNot aplicableNot aplicable40 years100%
烟台－一期酒店中国山东省烟台市莱山区滨海路45号已完成2006年11月－2010年7月(3,628)不适用不适用不适用40年
Yantai – Phase IComercial stretNo. 45 Binhai Road, Laishan District, Yantai, Shandong Province, PRCompleted2006.11 – 2010.746,42235,357Not aplicable9,69840 years100%
烟台－一期商业街中国山东省烟台市莱山区滨海路45号已完成2006年11月－2010年7月不适用40年
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
MAJOR PROPERTIES HELD BY THE GROUP
本集团持有之主要物业
City-PhaseUsageAdresStatus
Actual or
planed
construction
period
Total
actual or
planed GFA
(sq.m.)
总实际或
规划楼面积
Cumulative
total
GFA sold
(sq.m.)
累计已销售
总楼面积
Total actual
or planed
GFA held for
sale
(sq.m.)
持作销售的
总实际或规划
楼面积
Total actual
or planed
GFA held for
investment
(sq.m.)
持作投资的
总实际或规划
楼面积
Term
of land
Interest
atributable
to the Group
本集团
城市－阶段用途地址状态实际或计划工期（平方米）（平方米）（平方米）（平方米）土地年期应占权益
Chongqing – Phase IParkNo. 35 Chongwen Road, Nan’an District, Chongqing, PRCompleted2007.3 – 2009.5–Not aplicableNot aplicable–40 years100%
重庆－一期公园中国重庆市南岸区崇文路35号已完成2007年3月－2009年5月不适用不适用40年
Chongqing – Phase IComercial stretNo. 35 Chongwen Road, Nan’an District, Chongqing, PRCompleted2007.3 – 2009.545,943–20,056–40 years100%
重庆－一期商业街中国重庆市南岸区崇文路35号已完成2007年3月－2009年5月(580)40年
Chongqing – Phase I
重庆－二期
To be determined
待定
No. 35 Chongwen Road, Nan’an District, Chongqing, PRC
中国重庆市南岸区崇文路35号
For later stage of development
用于后期发展
–
–
54,095
(9,758)
–40 years
40年
100%
Zhengzhou – Phase IHotel2,000 metres from the east side of the crosing of Zheng Kai Avenue and Guanghui Stret and northbound of
Zhengzhou Haichang Ocean Park, Dameng Town, Zhongmu County, Zhengzhou, Henan Province, PRC
Completed
已完成
2018.3 – 2023.9
2018年3月－2023年9月
28,033
(6,525)
–40 years
40年
100%
郑州－一期酒店中国河南省郑州市中牟县大孟镇郑开大道与广惠街交叉口，向东2千米，路北郑州海昌海洋公园
Zhengzhou – Phase IComercial stret2,000 metres from the east side of the crosing of Zheng Kai Avenue and Guanghui Stret and northbound of
Zhengzhou Haichang Ocean Park, Dameng Town, Zhongmu County, Zhengzhou, Henan Province, PRC
Completed
已完成
2018.3 – 2023.9
2018年3月－2023年9月
10,442–40 years
40年
100%
郑州－一期商业街中国河南省郑州市中牟县大孟镇郑开大道与广惠街交叉口，向东2千米，路北郑州海昌海洋公园
Zhengzhou – Phase IPark2,000 metres from the east side of the crosing of Zheng Kai Avenue and Guanghui Stret and northbound of
Zhengzhou Haichang Ocean Park, Dameng Town, Zhongmu County, Zhengzhou, Henan Province, PRC
Completed
已完成
2018.3 – 2023.9
2018年3月－2023年9月
79,609
(8,115)
–40 years
40年
100%
郑州－一期公园中国河南省郑州市中牟县大孟镇郑开大道与广惠街交叉口，向东2千米，路北郑州海昌海洋公园
Zhengzhou – Phase IHotel2,000 metres from the east side of the crosing of Zheng Kai Avenue and Guanghui Stret and northbound of
Zhengzhou Haichang Ocean Park, Dameng Town, Zhongmu County, Zhengzhou, Henan Province, PRC
For later stage of development
用于后期发展
–
–
32,999
(8,440)
–40 years
40年
100%
郑州－二期酒店中国河南省郑州市中牟县大孟镇郑开大道与广惠街交叉口，向东2千米，路北郑州海昌海洋公园
Zhengzhou – Phase IComercial2,000 metres from the east side of the crosing of Zheng Kai Avenue and Guanghui Stret and northbound of
Zhengzhou Haichang Ocean Park, Dameng Town, Zhongmu County, Zhengzhou, Henan Province, PRC
For later stage of development
用于后期发展
–
–
78,105
(21,516)
–40 years
40年
100%
郑州－二期商业中国河南省郑州市中牟县大孟镇郑开大道与广惠街交叉口，向东2千米，路北郑州海昌海洋公园
Zhengzhou – Phase IPark2,000 metres from the east side of the crosing of Zheng Kai Avenue and Guanghui Stret and northbound
of Zhengzhou Haichang Ocean Park, Dameng Town, Zhongmu County, Zhengzhou, Henan Province, PRC
Under constructionScheduled to be completed
in July 2025
31,812
(3,697)
–40 years
40年
100%
郑州－二期公园中国河南省郑州市中牟县大孟镇郑开大道与广惠街交叉口，向东2千米，路北郑州海昌海洋公园建设中计划2025年7月完工
Zhengzhou – Phase IPark2,000 metres from the east side of the crosing of Zheng Kai Avenue and Guanghui Stret and northbound of
Zhengzhou Haichang Ocean Park, Dameng Town, Zhongmu County, Zhengzhou, Henan Province, PRC
For later stage of development
用于后期发展
–
–
61,789
(10,614)
–40 years
40年
100%
郑州－三期公园中国河南省郑州市中牟县大孟镇郑开大道与广惠街交叉口，向东2千米，路北郑州海昌海洋公园
2024年度报告 海昌海洋公园控股有限公司
MAJOR PROPERTIES HELD BY THE GROUP
本集团持有之主要物业
City-PhaseUsageAdresStatus
Actual or
planed
construction
period
Total
actual or
planed GFA
(sq.m.)
总实际或
规划楼面积
Cumulative
total
GFA sold
(sq.m.)
累计已销售
总楼面积
Total actual
or planed
GFA held for
sale
(sq.m.)
持作销售的
总实际或规划
楼面积
Total actual
or planed
GFA held for
investment
(sq.m.)
持作投资的
总实际或规划
楼面积
Term
of land
Interest
atributable
to the Group
本集团
城市－阶段用途地址状态实际或计划工期（平方米）（平方米）（平方米）（平方米）土地年期应占权益
Chongqing – Phase IParkNo. 35 Chongwen Road, Nan’an District, Chongqing, PRCompleted2007.3 – 2009.5–Not aplicableNot aplicable–40 years100%
重庆－一期公园中国重庆市南岸区崇文路35号已完成2007年3月－2009年5月不适用不适用40年
Chongqing – Phase IComercial stretNo. 35 Chongwen Road, Nan’an District, Chongqing, PRCompleted2007.3 – 2009.545,943–20,056–40 years100%
重庆－一期商业街中国重庆市南岸区崇文路35号已完成2007年3月－2009年5月(580)40年
Chongqing – Phase I
重庆－二期
To be determined
待定
No. 35 Chongwen Road, Nan’an District, Chongqing, PRC
中国重庆市南岸区崇文路35号
For later stage of development
用于后期发展
–
–
54,095
(9,758)
–40 years
40年
100%
Zhengzhou – Phase IHotel2,000 metres from the east side of the crosing of Zheng Kai Avenue and Guanghui Stret and northbound of
Zhengzhou Haichang Ocean Park, Dameng Town, Zhongmu County, Zhengzhou, Henan Province, PRC
Completed
已完成
2018.3 – 2023.9
2018年3月－2023年9月
28,033
(6,525)
–40 years
40年
100%
郑州－一期酒店中国河南省郑州市中牟县大孟镇郑开大道与广惠街交叉口，向东2千米，路北郑州海昌海洋公园
Zhengzhou – Phase IComercial stret2,000 metres from the east side of the crosing of Zheng Kai Avenue and Guanghui Stret and northbound of
Zhengzhou Haichang Ocean Park, Dameng Town, Zhongmu County, Zhengzhou, Henan Province, PRC
Completed
已完成
2018.3 – 2023.9
2018年3月－2023年9月
10,442–40 years
40年
100%
郑州－一期商业街中国河南省郑州市中牟县大孟镇郑开大道与广惠街交叉口，向东2千米，路北郑州海昌海洋公园
Zhengzhou – Phase IPark2,000 metres from the east side of the crosing of Zheng Kai Avenue and Guanghui Stret and northbound of
Zhengzhou Haichang Ocean Park, Dameng Town, Zhongmu County, Zhengzhou, Henan Province, PRC
Completed
已完成
2018.3 – 2023.9
2018年3月－2023年9月
79,609
(8,115)
–40 years
40年
100%
郑州－一期公园中国河南省郑州市中牟县大孟镇郑开大道与广惠街交叉口，向东2千米，路北郑州海昌海洋公园
Zhengzhou – Phase IHotel2,000 metres from the east side of the crosing of Zheng Kai Avenue and Guanghui Stret and northbound of
Zhengzhou Haichang Ocean Park, Dameng Town, Zhongmu County, Zhengzhou, Henan Province, PRC
For later stage of development
用于后期发展
–
–
32,999
(8,440)
–40 years
40年
100%
郑州－二期酒店中国河南省郑州市中牟县大孟镇郑开大道与广惠街交叉口，向东2千米，路北郑州海昌海洋公园
Zhengzhou – Phase IComercial2,000 metres from the east side of the crosing of Zheng Kai Avenue and Guanghui Stret and northbound of
Zhengzhou Haichang Ocean Park, Dameng Town, Zhongmu County, Zhengzhou, Henan Province, PRC
For later stage of development
用于后期发展
–
–
78,105
(21,516)
–40 years
40年
100%
郑州－二期商业中国河南省郑州市中牟县大孟镇郑开大道与广惠街交叉口，向东2千米，路北郑州海昌海洋公园
Zhengzhou – Phase IPark2,000 metres from the east side of the crosing of Zheng Kai Avenue and Guanghui Stret and northbound
of Zhengzhou Haichang Ocean Park, Dameng Town, Zhongmu County, Zhengzhou, Henan Province, PRC
Under constructionScheduled to be completed
in July 2025
31,812
(3,697)
–40 years
40年
100%
郑州－二期公园中国河南省郑州市中牟县大孟镇郑开大道与广惠街交叉口，向东2千米，路北郑州海昌海洋公园建设中计划2025年7月完工
Zhengzhou – Phase IPark2,000 metres from the east side of the crosing of Zheng Kai Avenue and Guanghui Stret and northbound of
Zhengzhou Haichang Ocean Park, Dameng Town, Zhongmu County, Zhengzhou, Henan Province, PRC
For later stage of development
用于后期发展
–
–
61,789
(10,614)
–40 years
40年
100%
郑州－三期公园中国河南省郑州市中牟县大孟镇郑开大道与广惠街交叉口，向东2千米，路北郑州海昌海洋公园
HAICHANG OCEAN PARK HOLDINGS LTD. ANUAL REPORT 2024
MAJOR PROPERTIES HELD BY THE GROUP
本集团持有之主要物业
附注：
- ，地下建筑
面积的物业所有权证通常不会发放。
2. 大连配套商用物业大连渔人码头并未经由
本集团开发，而是由本集团收购。因此，
与其开发相关的资料概无关连。
Notes:
1. It is a practice of the PRC land administrative authorities that
property ownership certificate is usualy not isued for underground
GFA.
2. Dalian Fishermen’s Wharf, an ancilary comercial properties in
Dalian, was not developed but acquired by the Group. Therefore,
information about its development is not relevant.