Yongsheng Advanced Materials Company Limited Annual Report 2020Group Structure集團架構圖As at 31 December 2020 於二零二零年十二月三十一日Group Structure集團架構圖As at 31 December 2020於二零二零年十二月三十一日Yongsheng Advanced Materials Company Limited （永盛新材料有限公司）(Incorporated in the Cayman Islands) （於開曼群島註冊成立） Stock Code 股份代號：3608Yongsheng Advanced Materials (BVI) Limited 永盛新材料（ BVI）有限公司(Incorporated in BVI) （於英屬處女群島註冊成立）Yongsheng Advanced Materials (HK) Limited 永盛新材料（香港 ）有限公司(Incorporated in HK) （於香港註冊成立）Hangzhou Huvis Yongsheng Dyeing and Finishing Co. Limited* 杭州滙維仕永盛染整有限公司(Established in PRC) （於中國成立）Inya Water Group Limited 英雅水務集團有限公司(Incorporated in BVI) （於英屬處女群島註冊成立）WZ Environment Limited (Incorporated in Hong Kong) (於香港註冊成立)First Intelligence International Limited 穎元國際有限公司(Incorporated in BVI) （於英屬處女群島註冊成立）Chang Sheng Investment Holding Co. Limited* （昶盛投資控股有限公司）(Incorporated in Hong Kong) (於香港註冊成立)Changsheng Property (Hangzhou) Company Limited* （昶盛物業（杭州）有限公司）(Established in PRC) （於中國成立）Hangzhou Yonghao Investment Management Company Limited* （杭州永浩投資管理有限公司）(Established in PRC) （於中國成立）Inya Water Engineering (M) Sdn Bhd (Incorporated in Malaysia) (於馬來西亞成立)Summer Power International Inc.(Incorporated in BVI) （於英屬處女群島註冊成立）Widely Construction & Engeerinng Limited(Incorporated in Hong Kong) (於香港註冊成立)Philosojoy Investment Limited 哲瑞投資有限公司(Incorporated in Hong Kong) (於香港註冊成立)Inya Water (Myanmar) Limited 英雅水務（缅甸）有限公司(Incorporated in Myanmar) (於缅甸註冊成立)Inya (Zhejiang) Environment Consulting Limited 英雅（浙江）环境咨询有限公司(Incorporated in PRC) （於中國註冊成立）WZ Inya Water Company Limited 英雅水務（柬埔寨）有限公司(Incorporated in Cambodia) (於柬埔寨註冊成立)100%60%100%100%100%100%100%100%99%99%1%100%100%100%100%100%100%100% 永盛新材料有限公司 2020年 報1Content目錄 Financial Highlights財務摘要2Corporate Information公司資料4Chairman’s Statement主席報告6Business Review業務回顧10Financial Review財務回顧15Directors and Senior Management董事及高級管理層21Corporate Governance Report企業管治報告31Report of the Directors董事會報告49Environmental, Social and Governance Report環境、社會及管治報告64Independent Auditor’s Report獨立核數師報告85Financial Statements財務報表Consolidated Statement of Profit or Loss and Other Comprehensive Income合併損益及其他全面收入表94Consolidated Statement of Financial Position合併財務狀況表96Consolidated Statement of Changes in Equity合併權益變動表98Consolidated Statement of Cash Flows合併現金流量表99Notes to the Consolidated Financial Statements合併財務報表附註102Five-year Financial Summary五年財務概要251Content目錄 Yongsheng Advanced Materials Company Limited Annual Report 20202Financial Highlights財務摘要 Statement of Profit or Loss and Other Comprehensive Income損��其��面�入� Year ended 31 December截至十二月三十一日止年度RMB million人民幣百萬元20202019ChangesContinuing持續性二零二零年二零一九年變動CONTINUING OPERATIONS持續經營業務Revenue收益361.9306.518.07%Gross profit毛利112.4102.59.66%Profit before tax from continuing operations持續經營業務之除稅前溢利88.668.629.15%Profit for the year from continuing operations年度持續經營業務之溢利71.151.039.41%Profit for the year年度溢利71.1135.0(47.33%)Profit attributable to shareholders of the Company本公司股東應佔溢利72.7113.9Basic基本– For profit for the year－年度溢利RMB人民幣9.9 cents分RMB人民幣16.4 cents分– For profit from continuing operations－持續經營業務之溢利RMB人民幣9.9 cents分RMB人民幣7.3 cents分Dividend per shar (HK cents)每股股息（港仙）– interim－中期1.52.0– final－末期2.03.0– combined－綜合3.55.0Statement of financial position財務狀況�31 December十二月三十一日RMB million人民幣百萬元20202019Changes二零二零年二零一九年變動Non-current assets�流動��1,017.4920.610.51%Current assets流動��764.6740.73.23%Current liabilities流動負債(205.0)(132.8)54.37%Net current assets流動���值559.6607.9(7.95%)Non-current liabilities�流動負債(146.8)(91.5)60.44%Net assets淨資產1,430.21,437.0(0.47%)Financial Highlights財務摘要 永盛新材料有限公司 2020年 報3Financial Highlights財務摘要 Gross Profit Margin 毛利率Profit Attributable to Shareholders of the Company 本公司股東應佔溢利Revenue (proportion) 業務收益（佔比）For the year ended 31 December 2020截至二零二零年十二月三十一日止年度0201030%20182019202031.0%25.0%23.0%0120,00080,00020,00040,00060,000人民幣千元RMB’000100,00020182019202072,685113,89580,751物業投資Properties Investment0.4%染色及加工Dyeing and Processing毛利率Gross Profit Margin36%RMAA服務RMAA Services毛利率Gross Profit Margin26%物業投資Properties Investment毛利率Gross Profit Margin88.2%RMAA服務RMAA Services51.1%染色及加工Dyeing and Processing48.5% Yongsheng Advanced Materials Company Limited Annual Report 20204Corporate Information公司資料 董事會執行董事李誠先生（主席）李聰華先生馬青海先生徐文勝先生獨立非執行董事黃慧玲女士何誠穎先生（於二零二一年四月一日獲委任）王世平先生（於二零二一年四月一日辭任）王華平博士審核委員會黃慧玲女士（主席）何誠穎先生（於二零二一年四月一日獲委任）王世平先生（於二零二一年四月一日辭任）王華平博士提名委員會李誠先生（主席）何誠穎先生（於二零二一年四月一日獲委任）王世平先生（於二零二一年四月一日辭任）王華平博士薪酬委員會黃慧玲女士（主席）王華平博士徐文勝先生授權代表李誠先生楊頴筠女士公司秘書楊頴筠女士核數師安永會計師事務所執業會計師註冊公眾利益實體核數師關於香港法律的法律顧問趙不渝 馬國強律師事務所BOARD OF DIRECTORSExecutive DirectorsMr. Li Cheng (Chairman)Mr. Li ConghuaMr. Ma QinghaiMr. Xu WenshengIndependent non-executive DirectorsMs. Wong Wai LingMr. He Chengying (Appointed on 1 April 2021)Mr. Shiping James Wang (Resigned on 1 April 2021)Dr. Wang HuapingAUDIT COMMITTEEMs. Wong Wai Ling (Chairlady)Mr. He Chengying (Appointed on 1 April 2021)Mr. Shiping James Wang (Resigned on 1 April 2021)Dr. Wang HuapingNOMINATION COMMITTEEMr. Li Cheng (Chairman