重庆机电2023 年终报告

(a joint stock limited company incorporated in the People’s Republic of China with limited liability)Stock Code02722 2023ANNUAL REPORT CONTENTS 2Corporate Information6Financial Highlights7Group Structure8Results Highlights9Chairman’s Statement20Management’s Discussion and Analysis46Directors, Supervisors and Senior Management69Report of the Board of Directors107Report of the Supervisory Committee110Corporate Governance Report130Risk and Internal Control and Governance Report138Independent Auditor’s Report150Consolidated Statement of Financial Position152Statement of Financial Position of the Company154Consolidated Income Statement156Income Statement of the Company158Consolidated Statement of Cash Flows160Cash Flows Statement of the Company162Consolidated Statement of Changes in Equity164Statement of Changes in Equity of the Company166Notes to the Financial Statements459Supplementary Information to ConsolidatedFinancial Statements CORPORATE INFORMATION DIRECTORS Executive Directors Mr. Zhang FulunMr. Yue XiangjunMr. Yang Quan Non-executive Directors Mr. Fu Yihong(appointed on 23 August 2023)Ms. Zhu YingMr. Dou BoMr. Cai Zhibin Independent Non-executive Directors Mr. Lo Wah WaiMr. Ren XiaochangMr. Jin JingyuMr. Liu Wei SUPERVISORS Mr. Sun Wenguang(Chairman)Ms. Wu YiMr. Wang HaibingMr. Duan Lian(appointed on 8 November 2023)Mr. Li Fangzhong COMMITTEES UNDER BOARD OF DIRECTORS Members of the Audit and Risk Management Committee Mr. Lo Wah Wai(Chairman)Mr. Jin JingyuMr. Liu WeiMr. Dou Bo Members of the Remuneration Committee Mr. Ren Xiaochang(Chairman)Mr. Lo Wah WaiMr. Jin JingyuMr. Fu Yihong(appointed on 23 August 2023) Members of the Nomination Committee Mr. Zhang Fulun(Chairman)Mr. Ren XiaochangMr. Jin JingyuMr. Liu Wei Members of the Strategy Committee Mr. Zhang Fulun(Chairman)Mr. Yue XiangjunMr. Yang QuanMr. Fu Yihong(appointed on 23 August 2023)Ms. Zhu YingMr. Ren XiaochangMr. Jin JingyuMr. Liu Wei LEGAL REPRESENTATIVE Mr. Zhang Fulun COMPANY SECRETARY Ms. Chiu Hoi Shan (Practicing Solicitor) QUALIFIED ACCOUNTANT Mr. Kam Chun Ying, Francis (Certified Public Accountant) CORPORATE INFORMATION AUTHORIZED REPRESENTATIVES AND CONTACTINFORMATION 60401123(86) 023-63075687 Mr. Yang QuanNo. 60 Middle Section of HuangshanAvenue, New North ZoneChongqing City, the PRCPostal code: 401123Tel.: (86) 023-63075687 61121204-06852-2155 4820 Ms. Chiu Hoi ShanRoom 1204-06, 12th Floor,The Chinese Bank Building,61 Des Voeux Road Central,Central, Hong KongTel.: 852-2155 4820 ALTERNATE AUTHORIZED REPRESENTATIVE ANDCONTACT INFORMATION 6-833852-2802 2191 Mr. Lo Wah Wai33rd Floor, Shui On Centre,No. 6-8 Harbour Road, Wanchai,Hong KongTel.: 852-2802 2191 REGISTERED OFFICE 60 No. 60 Middle Section of HuangshanAvenue, New North Zone,Chongqing City, the PRC HONG KONG SHARE REGISTRAR 183171712-1716 Computershare Hong Kong Investor Services LimitedShops 1712-1716, 17th FloorHopewell Centre,183 Queen’s Road East,Wanchai, Hong Kong AUDITORS 8A9 ShineWing Certified Public Accountants LLP9th Floor, Block A, Fuhua Mansion,No. 8 Chaoyangmen Beidajie,Dongcheng District, Beijing LEGAL ADVISOR Chiu & Co.(As to Hong Kong Laws)Chongqing Jingsheng Law Firm (As to Chinese Law) PRINCIPAL PLACE OF BUSINESS IN HONG KONG 611204-06 Room 1204-06, 12th Floor,The Chinese Bank Building,61 Des Voeux Road Central,Central, Hong Kong www.chinacqme.com WEBSITE OF THE COMPANY www.chinacqme.com PRINCIPAL BANKER 1621 China Merchants BankChongqing Shangqingsi Sub-branch1st Floor, Zhong-an International BuildingNo.162 Zhongshan Third Road, YuzhongDistrict, Chongqing City, the PRC SHARE INFORMATION Listing PlaceThe Stock Exchange of Hong Kong Limited (the “Stock Exchange”) 02722 Stock Code02722 FINANCIAL YEAR END 31 December FINANCIAL HIGHLIGHTS GROUP STRUCTURE RESULTS HIGHLIGHTS Chongqing Machinery & Electric Co., Ltd. (the “Company” or“Chongqing Machinery & Electric”) and its subsidiaries (hereinaftercollectively the “Group”) announce the highlights of the consolidatedresults as set out below. •Revenue of the Group as at 31 December 2023 amounted toapproximately RMB8,058.5 million, representing an increaseof approximately 11.8% from the corresponding period of lastyear. •8,058.511.8% •Gross profit of the Group as at 31 December 2023 amounted toapproximately RMB1,539.6 million, representing an increase ofapproximately 7.9% from the corresponding period of last year. •1,539.67.9% •Profit attributable to the shareholders of the Company as at 31December 2023 amounted to approximately RMB303.6 million,representing a slightly decrease of approximately 2.2% fromthe corresponding period of last year. •303.62.2% •Basic earnings per share as at 31 December 2023 amountedto approximately RMB0.08. •0.08 CHAIRMAN’S STATEMENT Dear Shareholders, On behalf of the board of directors of the Company (the “Board”), Iam pleased to announce the annual results of the Group for the yearended 31 December 2023 (the “Peri