滇池水务2023 年度报告

CONTENTS目 錄 2CHAPTER ONECORPORATE INFORMATION5CHAPTER TWOLETTER FROM THE CHAIRPERSON10CHAPTER THREEDEFINITIONS17CHAPTER FOURGLOSSARY OF TECHNICAL TERMS20CHAPTER FIVESUMMARY OF OPERATING AND FINANCIAL DATA23CHAPTER SIXMANAGEMENT DISCUSSION AND ANALYSIS66CHAPTER SEVENPROFILES OF DIRECTORS, SUPERVISORS AND SENIOR MANAGEMENT81CHAPTER EIGHTREPORT OF THE BOARD OF DIRECTORS122CHAPTER NINECORPORATE GOVERNANCE REPORT156CHAPTER TENREPORT OF THE BOARD OF SUPERVISORS161CHAPTER ELEVENINDEPENDENT AUDITOR’S REPORT170CHAPTER TWELVECONSOLIDATED FINANCIAL STATEMENTS317CHAPTER THIRTEENENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT CHAPTER ONECORPORATE INFORMATION REGISTERED NAMEOF THE COMPANY ENGLISH NAME OF THE COMPANY REGISTERED OFFICE ANDHEADQUARTERS IN THE PRC PRINCIPAL PLACE OF BUSINESSIN HONG KONG LEGAL REPRESENTATIVEOF THE COMPANY FCG,HKFCG AUTHORISED REPRESENTATIVES FCG,HKFCG COMPANY SECRETARY 42 INDEPENDENT AUDITOR Mazars CPA LimitedCertified Public Accountants42/F, Central PlazaWanchaiHong Kong 153232033207 Jingtian & Gongcheng LLPSuites 3203-3207, 32/FEdinburgh TowerThe Landmark15 Queen’s Road CentralCentralHong Kong HONG KONG LEGAL ADVISERTO THE COMPANY CHAPTER ONECORPORATE INFORMATION 214 Yunnan Jianguang Law Firm14th Floor, Block 2, NanyuechengGuangfu RoadXishan DistrictKunming, Yunnan ProvincePRC PRC LEGAL ADVISERTO THE COMPANY 1617 H SHARE REGISTRARH Tricor Investor Services Limited17/F, Far East Finance Centre16 Harcourt RoadHong Kong BOARD OF DIRECTORS 202414 Executive Directors Non-executive Directors Mr. Xu JingdongMr. Zhou JianboMr. Zhang Yang Mr. Zha GuiliangMs. Zheng DongyuMr. Ong King Keung Independent Non-executive Directors BOARD COMMITTEES Mr. Zha Guiliang(chairperson)Ms. Zheng DongyuMr. Ong King Keung Audit Committee Mr. Ong King Keung(chairperson)Mr. Zeng FengMr. Zha Guiliang Remuneration andAppraisal Committee Ms. Zheng Dongyu(chairperson)Mr. Zeng FengMr. Ong King Keung Nomination Committee CHAPTER ONECORPORATE INFORMATION Mr. Zeng Feng(chairperson)Mr. Chen ChangyongMr. Zha Guiliang Strategy and Investment DecisionCommittee PRINCIPAL BANKS China Construction Bank Kunming Beijing Road Sub-branch China Everbright Bank Industrial Bank China Minsheng Bank Agricultural Bank of China Bank of Communications Bank of China China Merchants Bank CITIC Bank HengFeng BankKunming Nanya Sub-branch CHAPTER TWOLETTER FROM THE CHAIRPERSON Dear Shareholders, In 2023, as a national strategic pillar industry, the ecological andenvironmental protection industry played an important supporting andsafeguarding role in deepening the battle of pollution prevention andcontrol, promoting comprehensive economic and social development andimplementing the strategic goal of “carbon peaking and carbon neutrality”.Guided by national strategies and based on the development strategy ofYunnan Province in becoming the leader of building China’s ecologicalcivilization and radiating to South Asia and Southeast Asia, KunmingDianchi Water Treatment Co.,Ltd.,persisted in seeking progress whilemaintaining stability, focused on the business sectors of “public utilities,environmental protection, and ecological construction”, continued toenhance its core competitiveness, unwaveringly practiced the idea of“lucid waters and lush mountains are invaluable assets”, preventedand mitigated significant risks, and strived to achieve sustainable andhigh-quality development. 2023 PERFORMANCE REVIEW 202320231,807.5202212.5%316.520221.8%0.31 In 2023, the Board and the management of the Companyoptimisedmanagement and control, explored potentials and increased efficiency,revitalized existing assets through disposing of non-performingassets, adjusted business portfolio and strategy and maintainedstable development of core business, achieving remarkable resultsin production, operation and management cost control and a slightincrease inprofit before tax. In 2023,the Companyrecorded totaloperating revenue of RMB1,807.5 million, representing a decrease of12.5% over 2022. The net profit attributable to the Shareholders wasapproximately RMB316.5 million, representing a decrease of 1.8%over 2022, and basic earning per share was approximately RMB0.31. CHAPTER TWOLETTER FROM THE CHAIRPERSON 2023719.92022117.058.5%99.0%A In terms of main business, the Company persisted in prioritising qualityand efficiency, with emphasis on the operational aspect as the core ofprojects and making it the main source of investment income. Basedon the principle of strengthening the main business andoptimisingthestructure, the Company maintained the wastewater treatment businessas the basic foundation of its operation and development, continued tostrengthen the coordinated management of water services, improvedoperational efficiency and helped reduce costs and increase efficiency.In 2023, the wastewater treatment plants operated by the Companyprocessed 719.9 million cubic meters of wastewater, basically thesame as that of 2022, an