苏常柴Ｂ：2023年年度报告（英文版）

ChangchaiCompany,LimitedAnnualReport20231CHANGCHAICOMPANY,LIMITEDANNUALREPORT2023April2024 ChangchaiCompany,LimitedAnnualReport20232PartIImportantNotes,TableofContentsandDefinitionsTheBoardofDirectors(orthe“Board”),theSupervisoryCommitteeaswellasthedirectors,supervisorsandseniormanagementofChangchaiCompany,Limited(hereinafterreferredtoasthe“Company”)herebyguaranteethefactuality,accuracyandcompletenessofthecontentsofthisReportanditssummary,andshallbejointlyandseverallyliableforanymisrepresentations,misleadingstatementsormaterialomissionstherein.XieGuozhong,theCompany’slegalrepresentativeandGeneralManager,andJiangHe,headoftheCompany’sfinancialdepartment(equivalenttofinancialmanager)herebyguaranteethattheFinancialStatementscarriedinthisReportarefactual,accurateandcomplete.AlltheCompany’sdirectorshaveattendedtheBoardmeetingforthereviewofthisReportanditssummary.Anyplansforthefutureandotherforward-lookingstatementsmentionedinthisReportshallNOTbeconsideredasabsolutepromisesoftheCompanytoinvestors.Therefore,investorsarekindlyremindedtopayattentiontopossibleinvestmentrisks.TheCompanyhasdescribedindetailtherisksitmightfacein“XIProspects”in“PartIIIManagementDiscussionandAnalysis”herein.TheBoardhasapprovedafinaldividendplanasfollows:basedonthe705,692,507shares,acashdividendofRMB0.47(taxinclusive)per10sharesistobedistributedtotheshareholders,withnobonusissuefromeitherprofitorcapitalreserves. ChangchaiCompany,LimitedAnnualReport20233TableofContentsPartIImportantNotes,TableofContentsandDefinitions...........................................................2PartIICorporateInformationandKeyFinancialInformation...................................................6PartIIIManagementDiscussionandAnalysis..............................................................................12PartIVCorporateGovernance.......................................................................................................43PartVEnvironmentalandSocialResponsibility..........................................................................65PartVISignificantEvents...............................................................................................................66PartVIIShareChangesandShareholderInformation................................................................74PartVIIIPreferredShares..............................................................................................................82PartIXBonds...................................................................................................................................83PartXFinancialStatements............................................................................................................84 ChangchaiCompany,LimitedAnnualReport20234DocumentsAvailableforReference1.ThefinancialstatementssignedandsealedbytheCompany’slegalrepresentative,GeneralManagerandheadofthefinancialdepartment.2.TheoriginalcopyoftheIndependentAuditor’sReportsignedandsealedbytheCPAs,aswellassealedbytheCPAfirm.3.TheoriginalsofalltheCompany’sdocumentsandannouncementswhichweredisclosedonSecuritiesTimeandTaKungPao(HK)(newspapersdesignatedbytheCSRCforinformationdisclosure)duringtheReportingPeriod.4.TheAnnualReportdisclosedinothersecuritiesmarkets.Theabove-mentioneddocumentsavailableforreferenceareallkeptintheSecretariatoftheBoardofDirectorsoftheCompany.ThisReporthasbeenpreparedinbothChineseandEnglish.Shouldtherebeanydiscrepanciesormisunderstandingsbetweenthetwoversions,theChineseversionshallprevail. ChangchaiCompany,LimitedAnnualReport20235DefinitionsTermDefinition“Changchai”,the“Company”or“we”ChangchaiCompany,Limitedanditsconsolidatedsubsidiaries,exceptwherethecontextotherwiserequiresChangchaiBenniuChangzhouChangchaiBenniuDieselEngineFittingsCo.,Ltd.ChangchaiWanzhouChangchaiWanzhouDieselEngineCo.,Ltd.HorizonInvestmentChangzhouHorizonInvestmentCo.,Ltd.HorizonAgriculturalEquipmentChangzhouChangchaiHorizonAgriculturalEquipmentCo.,Ltd.ChangchaiRobinChangzhouFujiChangchaiRobinGasolineEngineCo.,Ltd.XingshengRealEstateManagementChangzhouXingshengRealEstateManagementCo.,Ltd.ChangchaiMachineryJiangsuChangchaiMachineryCo.,Ltd.ZhenjiangSiyangZhenjiangSiyangDieselEngineManufacturingCo.,Ltd.RMB,RMB’0,000ExpressedintheChinesecurrencyofRenminbi,expressedintensofthousandsofRenminbiThe“ReportingPeriod”or“CurrentPeriod”Theperiodfrom1January2023to31December2023 ChangchaiCompany,LimitedAnnualReport20236PartIICorporateInformationandKeyFinancialInformationICorporateInformationStocknameChangchai,Changchai-BStockcode000570,200570StockexchangeforstocklistingShenzhenStockExchangeCompanynameinChinese常柴股份有限公司Abbr.苏常柴CompanynameinEnglish(ifany)CHANGCHAICOMPANY,LIMITEDAbbr.(ifany)CHANGCAHICO.,LTD.LegalrepresentativeXieGuozhongRegisteredaddress123HuaideMiddleRoad,Changzhou,Jiangsu,ChinaRegisteredaddressespreviouslyusedN/AZipcode213002Officeaddress123HuaideMiddleRoad,Changzhou,Jiangsu,ChinaZipcode213002Companywebsitehttp://www.changchai.com.cnEmailaddresscctqm@public.cz.js.cnIIContactInformationBoardSecretarySecuritiesR