ChatDOC/OCRFlux-bench-single huggingface dataset:
An analysis of revenue by segment is as follows:

Products by industry	Year ended 31 December
2018	2017
(RMB’000)	(RMB’000)
Design, survey and consultancy	3,514,181	2,976,736
Construction contracting	3,671,965	3,995,809
Total	7,186,146	6,972,545

# DESIGN, SURVEY AND CONSULTANCY SEGMENT

The design, survey and consultancy segment includes design, survey and consultancy services for urban rail transit construction as well as industrial and civil construction and municipal administration. The design, survey and consultancy segment has been the traditional and core business of the Group. In 2018, in the unfavorable context of slowdown in investment in rail transit, the Group intensively developed existing markets by fully utilizing the technical advantages in the industry, consolidated its dominant status in urban rail transit design, properly performed existing contracts and focused on following up state-level new areas and third-tire and fourth-tire cities, and expanded its business into 65 domestic and overseas cities, and improved the influence of its urban construction brand. In 2018, tenders for new rail transit lines were launched in only 14 cities in rail transit industry across the nation, but the Company still won the bids for a total of 6 overall design projects in Beijing, Chongqing, Xi’an, Delingha and Hangzhou, and maintained the largest market share in the industry.

For the year ended 31 December 2018, the design, survey and consultancy segment of the Group achieved a revenue of RMB3,514 million, representing an increase of RMB537 million or 18.04% compared to RMB2,977 million for the corresponding period in 2017. Among which, the revenue of the urban rail transit construction business amounted to RMB2,848 million, representing an increase of RMB330 million or 13.11% compared to RMB2,518 million for the corresponding period of last year. The revenue of the industrial and civil construction and municipal construction business amounted to RMB666 million, representing an increase of RMB207 million or 45.10% compared to RMB459 million for the corresponding period of last year.

Revenue distribution of the design, survey and consultancy segment
# CONSTRUCTION CONTRACTING SEGMENT

The construction contracting segment of the Group focuses on the services for urban rail transit construction projects and relevant infrastructure construction projects. The construction contracting projects undertaken by the Group covered cities, including Beijing, Kunming, Zunyi, Suzhou, Zhengzhou and Huangshan.
# UHS BEHAVIORAL HEALTH DIVISION

Strategic growth in the U.K. has expanded the reach of Cygnet Health Care Limited. Cygnet Hospital Stevenage, located north of London, is one of 21 Cygnet Health Care facilities with 1,100 patient beds serving residents of the U.K.

Last year, UHS acquired Alpha Hospitals, four behavioral health hospitals in the U.K. The facilities were an excellent fit geographically and complemented the services provided at our Cygnet Health Care Limited hospitals, acquired one year earlier. The Division now operates 21 hospitals in the U.K., with 1,100 beds.

UHS continued its strategy to enhance mental health care in the United States through acquisitions, organic growth and strategic alliances.

Specifically, Foundations Recovery Network, a premier provider of addiction treatment, will strengthen our services with four residential treatment facilities and eight outpatient centers that treat co-occurring addiction and mental health disorders. UHS will utilize Foundations Recovery Network’s specialty direct to consumer marketing, national sales team, web-based marketing, and call center to support the growth of our specialty eating disorders, trauma, autism and neuropsychiatry programs.
Organic growth in the division contributed to the addition of 344 new beds in key markets. Fremont Hospital in California added 52 beds, including an eating disorder and women’s trauma care program. Forest View Hospital in Michigan and Palo Verde Behavioral Health in Arizona both expanded adolescent and adult beds and Newport News Behavioral Health Center opened its first acute inpatient psychiatric beds to serve children and adolescents in Virginia.

To meet the aging population’s increased demand for services in its community, The BridgeWay in Arkansas added a 20-bed senior care unit. Other expansion projects included the conversion of 18 acute beds to an “Extended Acute Care Unit” (EAC) at Brooke Glen Behavioral Hospital in Pennsylvania and 16 beds from residential treatment to acute care services at Brynn Marr Hospital in North Carolina.

Construction of a new, 80-bed acute behavioral health hospital in Stuart, Florida is underway and scheduled for completion in 2016.

# CREATING STRATEGIC PARTNERSHIPS TO ADDRESS COMMUNITY BEHAVIORAL HEALTH NEEDS

Nationally, health systems identify the need to collaborate with specialty behavioral health providers to deliver mental health services. UHS Behavioral Health Integration Solutions, our new line of business, leverages our expertise and resources to develop mutually beneficial strategic partnerships with healthcare systems. During the year, key relationships were established creating access to quality mental health programs and services while reducing unnecessary emergency department use, lowering readmission rates, improving outcomes and increasing patient satisfaction.

The Canyon in Malibu, California is an exclusive co-occurring residential treatment program acquired as part of the Foundations Recovery Network purchase. Four residential treatment facilities and eight outpatient centers were added in Georgia, California and Tennessee.
# CAPITAL COMMITMENTS

2020	2019
HK$’000	HK$’000
Cailpta exdipenture in reshpect of te acquisition of property,
lpant and eiqupment contracted for but not provided in the
consolidated financial statements	27,000	–

# CORPORATE GOVERNANCE

The Company has applied the principles as set out in the Corporate Governance Code (the “CG Code”) contained in Appendix 14 to the Rules Governing the Listing of Securities on The Stock Exchange (the “Listing Rules”).

The Board is of the view that during the Current Period, the Company has complied with all the code provisions as set out in the CG Code.

# MODEL CODE FOR DIRECTORS’ SECURITIES TRANSACTIONS

The Company has adopted the Model Code for Securities Transactions by Directors of Listed Issuers set out in Appendix 10 to the Listing Rules (the “Securities Dealing Code”).

The Company has made specific enquiry of all the Directors and all the Directors have confirmed that they complied with the required standard set out in the Securities Dealing Code during the Current Period and throughout the period up to the date of this announcement.

# AUDIT COMMITTEE

The Audit Committee comprises three members, all of whom are independent non-executive Directors, namely Mr. Leung Ho Chi, Mr. Tse Yung Hoi and Mr. Chan Ching Sum. Mr. Leung Ho Chi is the chairman of the Audit Committee. The Audit Committee has written terms of reference in compliance with the Listing Rules and the CG Code.

The Audit Committee has in conjunction with the management reviewed the accounting principles and practices adopted by the Group and discussed risk management, internal controls and financial reporting matters of the Group. The Audit Committee has no disagreement with the accounting treatment adopted by the Company. The consolidated annual results of the Group for the Current Period have been reviewed by the Audit Committee.
# SCOPE OF WORK OF SHINEWING (HK) CPA LIMITED

The figures above in respect of the Group’s consolidated statement of financial position, consolidated statement of profit or loss and other comprehensive income and the related notes thereto for the year ended 31 March 2020 as set out in this preliminary results announcement have been agreed with the Group’s auditor, SHINEWING (HK) CPA Limited, to the amounts set out in the Group’s audited consolidated financial statements for the year ended 31 March 2020. The work performed by SHINEWING (HK) CPA Limited in this respect did not constitute an assurance engagement in accordance with Hong Kong Standards on Auditing, Hong Kong Standards on Review Engagements or Hong Kong Standards on Assurance Engagements issued by the Hong Kong Institute of Certified Public Accountants and consequently no assurance has been expressed by SHINEWING (HK) CPA Limited on this preliminary announcement.

# PUBLICATION OF ANNUAL RESULTS AND ANNUAL REPORT

This announcement is published on the Company’s corporate website at www.vicointernational.hk and the HKEXnews at www.hkexnews.hk. The 2019/2020 Annual Report of the Company will be dispatched to shareholders of the Company and published on the aforesaid websites in due course.

# 2020 ANNUAL GENERAL MEETING

The 2020 AGM of the Company is scheduled to be held on Wednesday, 2 September 2020. Notice of the 2020 AGM will be published on the websites of both the Stock Exchange and the Company and dispatched to the Company’s shareholders in due course.

# APPRECIATION

The Board would like to extend its sincere thanks to the Group’s shareholders, business partners and customers for their utmost support to the Group. The Group would also like to take this opportunity to thank all management members and staff for their hard work and dedication throughout the year.

By order of the Board

Vico International Holdings Limited

Hui Pui Sing

Chairman

Hong Kong, 24 June 2020

As at the date of this announcement, the executive directors are Mr. Hui Pui Sing, Ms. Tong Man Wah, Mr. Hui Yip Ho Eric, Ms. Hui Wing Man Rebecca and Mr. Kong Man Ho, the non-executive director is Mr. Wong Chun Man and the independent non-executive directors are Mr. Leung Ho Chi, Mr. Chan Ching Sum and Mr. Tse Yung Hoi.
# Substantial shareholders’ and other persons’ interests and short positions in shares and underlying shares

As at 31 December 2018, so far as is known to the Directors, the following persons (other than a Director or chief executive of the Company) had or were deemed or taken to have an interest or short position in the shares or underlying shares of the Company which would fall to be disclosed to the Company and the Stock Exchange under the provisions of Divisions 2 and 3 of Part XV of the SFO, or which were recorded in the register required to be kept under section 336 of the SFO:

Name of shareholder	Nature of interest	Number of
ordinary
shares of
the Company
interested	Percentage of
th’e Companys
issued share
(3)capital
Hong Kong (Rong An) Investment Limited
(“Hong Kong Rong An”)	Beneficial owner	804,064,808	37.83%
CECEP Chongqing Industry Co., Ltd.
(“CECEP Chongqing”) (1)	Interest in controlled
corporation	804,064,808	37.83%
China Energy Conservation and
Environmental Protection Group
(“CECEP”) (2)	Interest in controlled
corporation	804,064,808	37.83%
Kingom Power Limited
(“Kingom Power”)	Beneficial owner	643,720,000	30.29%
Winwett Investments Limited	Beneficial owner	136,820,000	6.44%
Mr. Huang Shao Rong	Beneficial owner	19,587,000	0.92%
Nominee for another person
(other than a bare trustee)	208,532,000	9.81%
Ever Luxuriant Global Trading Limited	Beneficial owner	208,532,000	9.81%
Mr. Lin Haibin	Beneficial owner	27,723,000	1.30%
Nominee for another person
(other than a bare trustee)	172,538,000	8.12%
Haibin International Investments Limited	Beneficial owner	172,538,000	8.12%
Export – Import Bank of China	Person having a security
interest in shares	300,000,000	14.12%
Notes:

(1) CECEP Chongqing owned 100% of the issued share capital of Hong Kong Rong An, and was thus deemed to be interested in all shares of the Company that Hong Kong Rong An was interested in under the SFO.

(2) CECEP Chongqing was a non-wholly-owned subsidiary of CECEP. CECEP was therefore deemed to be interested in all shares of the Company CECEP Chongqing was interested in under the SFO.

(3) Based on a total of 2,125,308,000 issued shares of the Company as at 31 December 2018.

Save as disclosed above, as at 31 December 2018, the Directors were not aware of any other person who had interests or short positions in the shares or underlying shares of the Company which would fall to be disclosed to the Company and the Stock Exchange under the provisions of Divisions 2 and 3 of Part XV of the SFO, or which were recorded in the register required to be kept under section 336 of the SFO.

# Emolument policies

The Group’s emolument policies are formulated on the performance of individual employees and on the basis of the salary trends in Hong Kong and the PRC, and will be reviewed regularly. Subject to the Group’s profitability, the Group may also distribute discretionary bonus to its employees as an incentive for their contribution to the Group. The Group has adopted a share option scheme for its employees as described in the paragraph below.

# Permitted Indemnity

Pursuant to the Articles of Association of the Company, the applicable laws and regulations, every Director shall be indemnified and secured harmless out of the assets and profits of the Company against all actions, costs, charges, losses, damages and expenses which they or any of them may incur or sustain in the execution of their duties in their offices. Such permitted indemnity provision has been in force throughout the year under review. The Company has arranged appropriate Directors’ and officers’ liability insurance coverage for the Directors and officers of the Group.

# Share option scheme

The Company has a share option scheme which was adopted on 31 March 2011 whereby the Directors are authorised, at their discretion, to invite employees of the Group, including directors of any company in the Group, to take up options to subscribe for shares of the Company. The purpose of the scheme is to provide an opportunity for employees of the Group to acquire an equity participation in the Company and to encourage them to work towards enhancing the value of the Company and its shares for the benefit of the Company and its shareholders as a whole.
# Financial Risks

Details of the Company’s Financial Risk exposures are provided as follows:

# Foreign Exchange

The Company sells its bullion and gold concentrate in USD. Most of its costs are denominated in SEK and EUR with an interest-bearing liability denominated in HKD, while the Company’s presentation currency is AUD.

The Company may use foreign exchange forwards from time to time to reduce exposure to unpredictable fluctuations in the foreign exchange rates if considered suitable by the Directors. No hedging of foreign exchange exposure was used during the period.

# Commodity Price

The Company is exposed to movements in the gold price. The Company may use a variety of financial instruments (such as gold forwards and gold call options) from time to time to reduce exposure to unpredictable fluctuations in the project life revenue streams if considered suitable by the Directors. At present the Company has no plans to hedge commodity price risk.

# Liquidity

The Company is exposed to liquidity risk through its financial liabilities and its obligations to make payment on its financial liabilities as and when they fall due. The Company maintains a balance in its approach to funding using debt and or equity raisings.

# Credit

Credit risk represents the loss that would be recognised if counterparties failed to perform as contracted. The Company’s maximum exposures to credit risk at reporting date in relation to each class of financial asset is the carrying amount of those assets as indicated in the Consolidated Interim Statement of Financial Position.

Credit risk is managed on a group basis and predominantly arises from cash and cash equivalents deposited with banks and financial institutions, trade and other receivables and environmental and other bonds. While the Company has policies in place to ensure that sales are made to customers with an appropriate credit history, the Company is exposed to a concentration of credit risk in relation to its gold concentrate sales to a nearby smelter in Finland.

# Interest Rate

Fair value interest rate risk is the risk that the value of a financial instrument will fluctuate because of changes in market interest rates. Cash flow interest rate risk is the risk that the future cash flow from a financial instrument will fluctuate because of changes in market interest rates. The Company’s policy is to manage its exposure to interest rate risk by holding cash in short term, fixed and variable rate deposits with reputable high credit quality financial institutions. The Company constantly analyses its interest rate exposure. Consideration is given to potential renewals of existing positions, alternative financing and or the mix of fixed and variable interest rates.
# Costs

Fuel, power, labour, and all other costs can vary from existing rates and assumptions.

# Charges on Company Assets

There were no charges on the Company’s assets as at 30 June 2021 or 31 December 2020.

# Contingent Liabilities

As at 30 June 2021, there are no material updates to the contingent liabilities contained in Company’s 2020 Annual Report.

# Company Strategy

The Company is principally engaged in gold exploration, mining, and processing in the Nordic region. The Company’s objective is to focus on the development of existing and new mining assets in reasonable proximity to our process plants in Vammala, Finland and Svartliden, Sweden. The Company operates with a long-term business strategy to operate responsibly considering the interests of all stakeholders including its staff, contractors, and the public including civic groups, together with the environment and the general amenity of its areas of operation. It aims to produce positive financial outcomes through (i) the economic operations of its operating mines and process plants; (ii) development of new projects consistent with the Company’s objective, such as the Group’s newest operations at Fäboliden; and (iii) attention to the Company’s corporate and social responsibilities, including a focus on ongoing safety and environmental compliance, and ongoing positive interaction with the communities within which it operates.

# Significant Investments Held, Material Acquisitions and Disposal of Subsidiaries, and Future Plans for Material Investments or Capital Assets

Save for those disclosed in this announcement, there were no other significant investments held, nor were there material acquisitions or disposals of subsidiaries during the period. Apart from those disclosed in this announcement, there was no plan authorised by the Board for other material investments or additions of capital assets at the date of this announcement.

# Purchase, Sale or Redemption of the Company’s Listed Securities

During the period ended 30 June 2021, neither the Company nor any of its subsidiaries had purchased, sold, or redeemed any of the Company’s listed shares.
# Internet of Things

The Internet of Things (IoT) is about making intelligent digitally-enabled and connected products. The falling costs of key infrastructure and the proliferation of consumer and enterprise user applications have proven a catalyst.

During 2015-17, companies announced \$98 billion worth of M&A deals in this segment. IoT also attracted \$3.5 billion in CVC investments, spread across all the major sectors. Such investments point towards a burgeoning IoT ecosystem that includes wearables, sensors, infrastructure and smart products across many sectors, including smart utilities, connected home, industrial IoT, connected health and automobiles.

Amazon acquired Ring, maker of smart home doorbells, cameras, and security systems
# Robotics and Drones

Signi cant advances in new materials, computing and battery power as well as the rapid growth in both industrial and consumer applications is stimulating investment in robotics. These investments range from industrial automation and drones to service process automation.

The robotics segment received nearly \$7 billion worth of M&A investments, seven times more than the \$1 billion corporate venture investments in this segment. M&A was dominated by technology and industrials. Corporate venture investments in this segment came from a range of non-tech sectors, such as industrials, media and consumer business.

M&A by Sector

(By deal volumes)

Boeing acquired Aurora Flight Sciences, developer and manufacturer of advanced aerospace platforms and autonomous drone systems
The following is an analysis of the Group’s assets and liabilities by operating segments:

Exhibition and events	Cultural and entertainment	Financing	Total
At
31 December
2020	At
30 June
2020	At
31 December
2020	At
30 June
2020	At
31 December
2020	At
30 June
2020	At
31 December
2020	At
30 June
2020
HK$’000	HK$’000	HK$’000	HK$’000	HK$’000	HK$’000	HK$’000	HK$’000
(Unaudited)	(Audited)	(Unaudited)	(Audited)	(Unaudited)	(Audited)	(Unaudited)	(Audited)
Assets
Segment assets	85,025	86,051	479,872	544,971	404,046	461,062	968,943	1,092,084
Unallocated corporate assets	51,934	65,286
1,020,877	1,157,370
Liabilities
Segment liabilities	1,768	6,815	32,969	119,140	7,645	6,735	42,382	132,690
Unallocated corporate liabilities	186,856	327,027
229,238	459,717

For the purpose of monitoring segment performance and allocating resources between segments:

— all assets are allocated to reportable segments other than corporate assets; and

— all liabilities are allocated to reportable segments other than corporate liabilities.

# Other segment information

# For the six months ended 31 December

Exhibition and events	Cultural and entertainment	Financing	Unallocated	Total
2020	2019	2020	2019	2020	2019	2020	2019	2020	2019
HK$’000	HK$’000	HK$’000	HK$’000	HK$’000	HK$’000	HK$’000	HK$’000	HK$’000	HK$’000
(Unaudited)	(Unaudited)	(Unaudited)	(Unaudited)	(Unaudited)	(Unaudited)	(Unaudited)	(Unaudited)	(Unaudited)	(Unaudited)
Depreciation of property,
lpant and eiqupment	(39)	(41)	(283)	(133)	(17)	(4)	(628)	(732)	(967)	(910)
Depreciation of rihgt-of-use assets	(135)	(422)	(538)	(900)	–	–	(2,646)	(2,874)	(3,319)	(4,196)
Write-off of property,
lpant and eiqupment	(94)	–	(8)	(24)	–	–	(1)	–	(103)	(24)
Cailpta exdipentures	–	–	(21)	(39)	(35)	(23)	–	(618)	(56)	(680)
Net gain/(loss) on financial
assets at FVTPL	–	(3,727)	–	–	–	–	1,082	(7,358)	1,082	(11,085)
Gain/(loss) on disposal of subsidiaries	2,412	(2,818)	–	–	–	–	–	–	2,412	(2,818)
Gain on dereigstration of subsidiaries	(99)	–	4,671	–	–	–	(1)	–	4,571	–
Amortisation of intaniblge assets	–	(1,797)	(2,889)	(3,542)	–	–	–	–	(2,889)	(5,339)
# 5. REVENUE

For the six months ended
31 December
2020	2019
HK$’000	HK$’000
(Unaudited)	(Unaudited)
Organisation and sponsorship of exhibitions, event lpanning
and related services	–	45,934
Contracting services and entertainment equipment solution	–	83,919
Brand management	5,035	10,493
Promotion and consulting services	49,070	161,959
Trading of goods	57,272	90,090
Financing income
— Credit factoring services	20,917	20,695
— Finance leasing services	4,597	12,101
— Money lending services	397	1,400
Total	137,288	426,591
Timing of revenue recognition
At point in time	89,706	381,902
Over time	21,671	10,493
Revenue from contracts with customers	111,377	392,395
Revenue from other sources	25,911	34,196
Total	137,288	426,591

# 6. OTHER INCOME

For the six months ended
31 December
2020	2019
HK$’000	HK$’000
(Unaudited)	(Unaudited)
Non-refundable trade deposits forfeited	–	4,026
Government grants	2,793	13,175
Interest income	104	272
Sundry income	970	308
3,867	17,781