天伦燃气二零二三年年报

ANNUAL REPORT2023 CONTENTS Company ProfileBusiness RegionsOperation & Financial HighlightsChairman’s StatementCEO MessageManagement Discussion and AnalysisDirectors and Senior ManagementDirectors’ ReportCorporate Governance ReportIndependent Auditor’s ReportConsolidated Statement of Profit and LossConsolidated Statement of Profit and Loss andOther Comprehensive IncomeConsolidated Statement of Financial PositionConsolidated Statement of Changes in EquityConsolidated Cash Flow StatementNotes to the Consolidated Financial StatementsFive Year Financial Summary26811151827375670848586889092272 COMPANY PROFILE BOARD OF DIRECTORS Executive Directors Mr. Zhang Yingcen(Chairman)Mr. Xian Zhenyuan(Chief Executive)Ms. Qin Ling(General Manager)(resigned on 16 March 2023)Mr. Liu Min(General Manager)(appointed as General Manager on 16 March 2023) Ms. Li Tao Non-executive Directors Ms. Chen HongMr. Zhang Daoyuan(appointed on 2 June 2023) Independent Non-executive Directors Mr. Liu Jin(resigned on 2 June 2023)Mr. Li LiuqingMs. Zhao Jun(resigned on 2 June 2023)Ms. Ou YaqunMr. Lei Chunyong(appointed on 2 June 2023)Ms. Zhou Lin(appointed on 2 June 2023) AUDIT COMMITTEE Mr. Li Liuqing(Chairman)Mr. Lei ChunyongMs. Zhou Lin REMUNERATION COMMITTEE Ms. Zhou Lin(Chairlady)Mr. Zhang YingcenMs. Ou Yaqun NOMINATION COMMITTEE Mr. Zhang Yingcen(Chairman)Mr. Lei ChunyongMs. Zhou Lin ENVIRONMENTAL, SOCIAL AND GOVERNANCECOMMITTEE Mr. Xian Zhenyuan(Chairman)Mr. Liu MinMs. Ou Yaqun AUTHORIZED REPRESENTATIVES Mr. Xian ZhenyuanMr. Tam Tak Kei Raymond COMPANY SECRETARY Mr. Tam Tak Kei Raymond HEAD OFFICE IN THE PRC 4th Floor, Tian Lun Group Building,No.6 Huang He East Road, Zheng Dong Xin District, Zhengzhou City, Henan Province,The PRC PRINCIPAL PLACE OF BUSINESS IN HONGKONG 99464601-02 Unit 4601-02, 46/F, The Center99 Queen’s Road Central, Central, Hong Kong Company Profile (Continued) REGISTERED OFFICE Windward 3, Regatta Office ParkPO Box 1350Grand CaymanKY1-1108Cayman Islands Windward 3, Regatta Office ParkPO Box 1350Grand CaymanKY1-1108Cayman Islands CAYMAN ISLANDS SHARE TRANSFER OFFICE Ocorian Trust (Cayman) LtdWindward 3, Regatta Office ParkPO Box 1350Grand CaymanKY1-1108Cayman Islands Ocorian Trust (Cayman) LtdWindward 3, Regatta Office ParkPO Box 1350Grand CaymanKY1-1108Cayman Islands HONG KONG BRANCH SHARE REGISTRARAND TRANSFER OFFICE 183171712-1716 Computershare Hong Kong Investor Services LimitedRooms 1712-1716, 17th Floor,Hopewell Centre,183 Queen’s Road East,Wanchai, Hong Kong AUDITOR 108 KPMG8th Floor,Prince’s Building,10 Chater Road,Central, Hong Kong LEGAL ADVISER 29161603 Loong & YeungRoom 1603, 16/F, China Building29 Queen’s Road Central, Central, Hong Kong PRINCIPAL BANKERS China Construction Bank CorporationBank of China LimitedThe Hongkong and Shanghai Banking Corporation Limited STOCK CODE 01600 01600 INVESTOR RELATIONS 86 371 6370 715186 371 6397 9930ir@tianlungas.comwww.tianlungas.com99464601-02 Telephone:86 371 6370 7151Fax:86 371 6397 9930E-mail:ir@tianlungas.comWebsite:www.tianlungas.comAddress:Hong Kong:Unit 4601-02, 46/F, The Center99 Queen’s Road CentralCentral, Hong KongMainland:Department of Investor Relations,4th Floor, Tian Lun Group Building,No.6 Huang He East Road,Zheng Dong Xin District,Zhengzhou City, Henan Province, the PRC BUSINESS REGIONS OPERATION & FINANCIAL HIGHLIGHTS 26.5%52.5%4.5%16.5% During the year, the volume of gas of the Group soldto residential users, industrial and commercial users,transportation users, wholesale business accounted for26.5%, 52.5%, 4.5% and 16.5% of total gas sales volume,respectively. Transportation users STRUCTURE OF REVENUE FROM GAS SALES 20.9%56.7%5.7%16.7% During the year, the revenue from gas sales of the Groupto residential users, industrial and commercial users,transportation users, wholesale business accounted for20.9%, 56.7%, 5.7% and 16.7% of total revenue from gassales, respectively. Transportation users Operation & Financial Highlights (Continued) Financial Highlights 66.3%13.3%13.5%6.9% During the year, the revenue from retail business of gas, wholesale business ofgas, engineering construction service business and other operation of the Groupaccounted for 66.3%, 13.3%, 13.5 and 6.9% of total revenue, respectively. Zhang Yingcen,Chairman Dear Shareholders, 5.2% 2023 was the first year for China to fully implement the spirit of the 20thNational Congress of the Communist Party of China. It was a critical yearfor the implementation of the “14th Five-Year Plan” to inherit the pastand usher in the future. It was also the year when the economy resumeddevelopment after three years of COVID-19 prevention and control. Theeconomic “report card” achieved by the nation was remarkable. China’seconomy has achieved an upward recovery curve, with GDP growing by 5.2%year-on-year. Such growth rate remained the leader among the world’s majoreconomies. At current stage, all authorities across the nation are firmly