Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

GOAL RISE LOGISTICS (CHINA) HOLDINGS LIMITED

健 升 物 流( 中 國 )控 股 有 限 公 司

(Incorporated in the Cayman Islands with limited liability)

(STOCK CODE: 1529)

SUPPLEMENTAL ANNOUNCEMENT REGARDING

THE ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2019

Reference is made to the annual report of Goal Rise Logistics (China) Holdings Limited (the ''Company'', together with its subsidiaries, the ''Group'') for the year ended 31 December 2019 (the ''2019 Annual Report''). Unless otherwise defined, the capitalised terms used herein shall have the same meanings as those set out in the 2019 Annual Report.

In addition to the information provided in the 2019 Annual Report, the board of directors of the Company (the ''Board'') would like to provide further information and breakdown in relation to the ''Other expenses'' of the Group for the year ended 31 December 2019 (together with the comparative figures of 2018) as below:

2019

2018

RMB'000

RMB'000

Auditor's remuneration

1,151

902

Entertainment expenses

1,097

572

Expenses relating to short-term leases

1,311

-

Fleet operating expenses

5,128

6,072

Insurance

1,138

1,034

Legal and professional fees

1,277

839

Other operating expenses (Note)

4,663

4,415

Other taxes and surcharges

391

791

Outsourced labour costs

4,860

3,233

Repair and maintenance

1,180

695

Telephone and communication

438

535

Travelling expenses

874

579

Utilities expenses

3,677

3,490

27,185

23,157

Note: Other operating expenses included individual items less than RMB1,000,000, such as bank charges, general office expenses, annual dinner expenses, annual general meeting costs etc.

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The Board confirms that the above supplemental information does not affect other information contained in the 2019 Annual Report and the content of the 2019 Annual Report remains accurate and correct.

By Order of the Board

Goal Rise Logistics (China) Holdings Limited

Li Jianxin

Chairman

Hong Kong, 19 August 2020

As at the date of this announcement, the Board consists of two executive directors, Mr. Li Jianxin and Mr. Li Jianming, and three independent non-executive directors, Dr. Wan Ho Yuen Terence, Dr. Wu Ka Chee Davy and Mr. Shao Wei.

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Goal Rise Logistics (China) Holdings Ltd. published this content on 19 August 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 August 2020 09:41:11 UTC