山水水泥2023中期报告

(I). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .2(II). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .4(III). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .6(IV). . . . . . . . . . . . . . . . . . . . . . . . . . . .7(V). . . . . . . . . . . . . . . . .24(VI). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .30(VII). . . . . . . . . . . . . . . . . . . . . . .39(VIII). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .77 ( I ) 5710.0120235 25 . 2023316 2023421 . (1)China Shanshui Cement Group LimitedCSC(2)Third Floor, Century Yard, Cricket Square,P.O. Box 902, Grand Cayman, KY1-1103,Cayman Islands(3)3485(4)http://www.sdsunnsygroup.com(5)(6)(7)200874(8)(9)00691(10)(11)183171712–1716(12)(13) . 202363020221231 . (IV) 1. 202320122020 20237.9%9.8%24.3% 2023 1. 2023P.O42.54217816%4137014%154%64003932018 2023 (IV) 2. 20236309,1955,0221,810 8,851,107,00012.6% 20221,957,0001,209,0009.2%45.5%202215,0001.0% 202288.880.546.322.6%24.1%10.6% 20231-6338,4542022331,5451.5%20221.6% 2. (2) 21,6138.6%1,53619.5% 2. (3) 2. 86.3%7.45.10.7 0.6 1.80.9 2023161,219.215.6%1,029.2202316202216120.2118.3202316202216146.616.9%121.8 (IV) 2. 20236 301,212,786,00020222,135,955,00013.7%202221.1% 108,380,00095,466,000 51,848,00078,356,000 158,356,000142,057,00010.3% 616,470,000614,339,0000.3% 2. 85,212,000118,699,00039.3% 270,101,000145,284,00046.2% 307,916,0002022472,071,000779,987,000 (IV) 3. 20236 303.6%32,582,419,000202212 3131,457,274,0001.3%19,177,930,000202212 3119,432,600,00020236 309.9%202212 317.1%202363020221231 2023630 3. 20236 305,278,867,00020221,663,264,0004,668,557,00088.4%2023630 20236 301,873,962,000 16 (IV) 3. 504,988,000 2023630 20236301,396,331,000202261,596,0004.2%20236301,157,686,000 3. 505,994,000756,401,000 1,118,760,000232,137,000 1,650,068,0001,179,932,000 (IV) 3. 202363016 202363023 3. 2018 2018862018830(a)210,900,0002018(b)320,700,000201820182018882018932018862018882018831201893 2023630 (IV) 3. 2018 20236 3020199172 4. (IV) 4. 5. 202363016,592 (V) . 2023630100,000,00010,000,000,0000.01 20236304,353,966,228 . (1) 20236 30XV23336 (V) . (1) (1)L(2a)70%30%()(2b)20163 22791,000,00020216 822019425201937160,462,00020227252023327220222242023220951,462,000951,462,000(3)201411182China Shanshui Investment Company Limited(4)428,393,000Yu YuanInvestment Corporation Limited317142,643,000(5)317(6)(7)Shen Neng International SPC – Green Planet SPShen Neng Investment Management Limited(8)20236304,353,966,228 (V) . (1) 2023630XV23336 (2) 2023630XV7835210 . (V) . 2008614 10%260,336,000260,336,000 20115 257,400,0007.832015127163,700,000CSI20,000,00023,600,0003.68 2015593HCMP593/2015CSI20152.073CSICSI20161 62015817282015127 43,600,000 20115 257,400,00017.03(3)1 20151 27163,700,00073,300,00017.03(3)1 2015127 (V) . 169,936,00065.28%4,353,966,2283.90% 90,400,00020236 304,353,966,2282.08% (1)17.03A (i)(ii)(iii)(iv)(v) (V) . 202311 1. 2. 3. 201874 121% 201152520115 251020151276201512710 (i)(ii)5(iii) 1.00 200874201874 . 1. 2018FSD1612019FSD93 2019642019527(i)20188 820189320181030(ii) 2022712022914 202210 11202212 23 202012 172020826 2021127 1. 2018FSD1612019FSD93 20213 192021716(i)20188893(ii)20181030(iii)201881 20225 2320221122202323 202211 28202252720181011202322420232242021202333120211231 20189420189202018101220181016201810 2320181029201811142018121320191182019122201921520193212019412019417201965201991720202192020472021324202232120228520232272023315202343 2. 20152880202091 201512 420151217Pioneer Cement5 (1)(2) 2. 20152880202091 201512 24122016181211 201647 20161142016117 201611 1820176 7 20175 29 20176132017918 2017929 20184 1920194152019418 2. 20152880202091 20197 1720214192320214263020215372021510142021517182021524282021531202161420216711202161518202055 20203 1124,000,000202048CACV 91/2020 20206 1120206122020730202093 20211 1124,000,000130,000,0002021120-202034202141 20201111 2021225202152021 20214 142021415- 2. 20152880202091 (1)201832720185 3 (2)20187132018720121201810 2021419232630202153467101417182124262831202161471517 2. 2019548 20193 29China PioneerCement (Hong Kong) Company Limited (a)20152018 (b) 20198 14(i)(ii)FSD161/20182020127 2019329202094 20231013 China Pioneer Cement (HongKong) Company LimitedPioneer2023628HCA 20231013Pioneer2023718 3. 4. 2414A14A ()202363014A 202112 13 (a)(b)(c)(d)2021 2021202114A2021121320211230 4. 20231231202312 312021202312 31202120234212021 (a)2023(b)2023(c)2023(d)20232023 2023421202352 20236 302023 4. 201612 282020 (1)(2)(3) 2023123116.35 (1)20207.5089.91(2)20168.5031.345(3)20207.50484.97115%73.473(4)91.22(5)30.4220236309.26 14A.90 (VII) 2 0 2 363 06 (VII) 2 0 2 363 06 (VII) 2 0 2 363 0 (VII) 2 0 2 363 0 (VII) 2 0 2 363 06 (VII) 2 0 2 363 06 (VII) 2 0 2 363 06 1 343416 2 2023630620