东方精工：2019年年度报告（英文版）

广东东方精工科技股份有限公司 英文年报披露说明 近年来中国资本市场持续加大对外开放力度，鼓励境外投资者更多参与，东方精工科技股份有限公司（以下简称“公司”）为更好地服务越来越多的境外投资者，让境外投资者更便捷地获取公司经营与财务等方面信息，同时也更充分地向境外投资者传递公司的投资价值，提升公司国际化水平，公司发布披露《2019年年度报告》的英文版本。 本次英文版年报翻译中，涉及众多瓦楞包装机械行业和财会方面的专业术语。虽然公司已尽力确保原文内容得到准确的转译，但仍可能会存在不恰当之处。公司在此声明：如果您在阅读《2019年年度报告》的中文、英文文本的过程中，在对文本的理解上发生歧义时，以中文文本为准。 In recent years, China's capital market continues to open to the outside world and encouraged foreign investors to participate in the financial market of China. Guangdong Dongfang Precision Science & Technology Co., Ltd. (hereinafter referred to as ”the company”) discloses its 2019 Annual Report in English for the first time, that we believe can enables for foreign investors to obtain information about the company's operation and finance more conveniently, and fully convey the investment value of the company to them, and at the same time help continuously improving the company's international level. As the annual report involves many professional terms translation of Corrugated packaging machinery industry and financial accounting, the company has made great efforts to ensure the accurate translation of the original content, but there may still be some inadequacies. The company hereby declares that in case of any ambiguity in your understanding of the Chinese version and English version of the 2019 annual report, the Chinese version shall prevail. Guangdong Dongfang Precision Science & Technology Co., Ltd. 2019 Annual Report 2 / 450 Guangdong Dongfang Precision Science&Technology Co.,Ltd. 2019 Annual Report April 2020 Guangdong Dongfang Precision Science & Technology Co., Ltd. 2019 Annual Report 1 / 450 Section 1 Important Notes, Table of contents and Interpretation The company's board of directors, board of supervisors, directors, supervisors, and senior management ensure that the contents of the annual report are true, accurate, and complete, that there are no false records, misleading statements, or major omissions, and if there are any, we shall bear individual and joint legal responsibilities. Tang Zhuolin, person in charge of the company, Qiu Yezhi, chief in charge of accounting work, and Qiu Yezhi, head of accounting institution (accounting officer) hereby confirm that the financial report in the annual report is true, accurate and complete. Apart from the following director, other directors attended the board meeting to review this annual report in person. The name of director who did not attend in person The post of director who did not attend in person Reasons for not attending the meeting in person Consignee’s name Peng Xiaowei Independent Director To take care of his own work Mai Zhirong The forward-looking statements such as the prediction of future operating performance involved in this annual report are all planned matters of the company and do not constitute a substantial commitment of the company to investors. There are certain uncertainties. Investors are advised to pay attention Guangdong Dongfang Precision Science & Technology Co., Ltd. 2019 Annual Report 2 / 450 to investment risks. The relevant risks that may exist in the company's operation and development are described in detail in “4.The risks that the company may face in the development process” in “IX. Prospects for the company's future development” in Section 4 “Discussion and Analysis of Business Situation” of this report. Investors are advised to read this part. The company plans not to distribute cash dividends, neither give away bonus shares, nor capitalize from public reserve. Guangdong Dongfang Precision Science & Technology Co., Ltd. 2019 Annual Report 3 / 450 Table of Contents Section 1 Important Notes, Table of contents and Interpretation .............................................. 1 Section 2 Company Profile and Main Financial Indicators ........................................................... 7 Section 3 Company Business Overview ......................................................................................... 14 Section 4 Discussion and Analysis of Business Situation .............................................................. 36 Section 5 Important Matters ......................................................................................................... 101 Section 6 Changes in Shares and Shareholders ........................................................................... 150 Section 7 Preference Shares .......................................................................................................... 164 Section 8 Relevant Information on Convertible Corporate Bonds ........................................... 165 Section 9 Directors, Supervisors, Senior Management and Employees .................................... 166 Sectio