佛朗斯股份2023 年年报

Annual Report年度報告2023 CONTENTS 2CORPORATE INFORMATION5FOUR YEAR FINANCIAL SUMMARY6CHAIRMAN’S STATEMENT9MANAGEMENT DISCUSSION AND ANALYSIS24DIRECTORS, SUPERVISORS AND SENIOR MANAGEMENT37REPORT OF THE DIRECTORS63REPORT OF THE SUPERVISORY COMMITTEE67CORPORATE GOVERNANCE REPORT98ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT 160INDEPENDENT AUDITOR’S REPORT 168C O N S O L I D A T E D S T A T E M E N T S O F P R O F I T O R L O S SAND OTHER COMPREHENSIVE INCOME 169CONSOLIDATED STATEMENTS OF FINANCIAL POSITION 171CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY 172CONSOLIDATED STATEMENTS OF CASH FLOWS 174NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 276DEFINITIONS CORPORATE INFORMATION BOARD OF DIRECTORS Executive Directors Mr. Hou Zekuan(Chairman of the Board)Mr. Hou Zebing(General manager)Mr. Qian XiaoxuanMs. Ma Li Non-executive Directors Mr. Zhu YingchunMr. Shu Xiaowu Independent non-executive Directors Mr. Chiang EdwardDr. Fan XiaMr. Wang Chuanbang SUPERVISORS Ms. Li Xiaolan(Chairman of the Supervisory Committee)Mr. Zhang XiaolongMr. He Xiaocheng AUDIT COMMITTEE Mr. Wang Chuanbang(Chairman)Mr. Zhu YingchunDr. Fan Xia REMUNERATION COMMITTEE Dr. Fan Xia(Chairman)Mr. Hou ZebingMr. Wang Chuanbang NOMINATION COMMITTEE Mr. Hou Zekuan(Chairman)Mr. Chiang EdwardDr. Fan Xia STRATEGY COMMITTEE Mr. Hou Zekuan(Chairman)Mr. Hou ZebingMr. Zhu YingchunMr. Shu XiaowuMr. Chiang Edward JOINT COMPANY SECRETARIES Ms. Ma LiMs. Tang Ka Yan AUTHORIZED REPRESENTATIVES Ms. Ma LiMs. Tang Ka Yan COMPLIANCE ADVISER 2920 Somerley Capital Limited20th Floor, China Building29 Queen’s Road Central, Hong Kong AUDITORS 97927 Ernst & YoungCertified Public AccountantsRegistered Public Interest Entity Auditor27/F, One Taikoo Place979 King’s Road, Quarry Bay, Hong Kong REGISTERED OFFICE, PRINCIPAL PLACE OFBUSINESS AND HEADQUARTER IN THE PRC 999 No. 999, Yayun AvenueShiqi Town, Panyu DistrictGuangzhou City, Guangdong ProvincePRC PRINCIPAL PLACE OF BUSINESS IN HONG KONG 3485 5/F, Manulife Place348 Kwun Tong RoadKowloon, Hong Kong CORPORATE INFORMATION LEGAL ADVISERS 138 Hong Kong lawNorton Rose Fulbright Hong Kong38/F, Jardine House1 Connaught PlaceCentral, Hong Kong 1023310104 PRC lawZhong Lun Law Firm23/F, Units 01 & 04 of 31/F, R&F Center10 Huaxia RoadZhujiang New Town, Tianhe DistrictGuangzhou, GuangdongPRC H H SHARE REGISTRAR IN HONG KONG 1617 Tricor Investor Services Limited17/F, Far East Finance Centre16 Harcourt RoadHong Kong PRINCIPAL BANKER 12 Shanghai Pudong Development Bank Guangzhou BranchNo.12 Zhujiang Rd (West)Tianhe DistrictGuangzhouPRC STOCK CODE 2499 2499 www.fls123.com COMPANY WEBSITE www.fls123.com FOUR YEAR FINANCIAL SUMMARY CHAIRMAN’S STATEMENT Dear all Shareholders, 2023 I would like to present the annual report of the Group for the fiscal year 2023to all Shareholders on behalf of the Board of FOLANGSI CO., LTD. “Only the most solid base delivers everlasting power, on which we madeachievements in technology innovation and achieved today’s success,and it will lead us towards new era.” 2023 In 2023, the diligent and brave individuals at FOLANGSI continued to forgeahead amidst adversity, courageously charting a new course for the Companythrough grit and determination. In terms of capital operations,the Company was successfully listed on theMain Board of the Hong Kong Stock Exchange on November 10, 2023. Thismarked our entry into the international capital market, gaining the financialbacking necessary to drive our development forward. 20231110 2023202312314.5 In terms of operational results,the Company achieved double-digit growthin performance for the whole year of 2023, and the size of the Company’sintralogistics equipment fleet under management as of December 31, 2023exceeded 45,000 units. In terms of technological innovation,the Company has always adhered toinnovation-driven development. Our innovative park business was promotednationwide and was successfully established in regions such as Wuxi. 2023 In 2023, the profound accumulation of FOLANGSI enables us to growflourishingly and achieve new milestones in our development journey. “New starting point, new journey.” 2024B2B 2024 marks a new beginning for the Company. We will capitalize fully onour post-listing brand influence and remain steadfast in our commitmentto the strategy of “building a leading PRC high-dimensional and sharedecological platform for B2B industrial and intralogistics equipment”. We willtake active measures to expand our core business of intralogistics equipmentsubscription services, and meanwhile, we will also strengthen our organicgrowth forces, and concentrate our efforts to innovate business models, toaccelerate improvements in both our operational performance and marketshare, thereby further consolidating our leading position in the industry. + While focusing on our business expansion, we will also strive to enhanceour “online + offline” service capabilities and equipment reman