中国万桐园年报2023

China Wan Tong Yuan (Holdings) Limited (Incorporated in the Cayman Islands with limited liability)Stock Code: 6966 CONTENTS 3Corporate Information5Financial Summary7Chairman’s Statement10Management Discussion and Analysis24Corporate Governance Report38Biographies of Directors and Senior Management44Directors’ Report57Independent Auditor’s Report63Consolidated Statement of Profit or Loss andOther Comprehensive Income64Consolidated Statement of Financial Position66Consolidated Statement of Changes in Equity67Consolidated Statement of Cash Flows69Notes to the Consolidated Financial Statements FORWARD LOOKING STATEMENTS前 瞻 性 陳 述 Thisannual report includes forward-looking statements.Theseforward-lookingstatements can be identified by the use offorward-lookingterminology,including the terms“believe”,“estimate”,“anticipate”,“expect”,“intend”,“may”,“will”or“should”or,in each case,their negative,or other variations orsimilarterminology.These forward-looking statements include allmatters that are not historical facts. They appear in a number ofplacesthroughout this annual report and include statementsregarding our intentions, beliefs or current expectations concerning,amongother things,results of operations,financial condition,liquidity,prospects and growth strategies of the Group,and theindustryin which the Group operates.By their nature,forward-looking statements involve risks and uncertainties becausethey relate to events and depend on circumstances that may or maynotoccur in the future.We caution you that forward-lookingstatements are not guarantees of future performance and that ouractual results of operations, financial condition and liquidity, and thedevelopment of the industry in which the Group operates may differmaterially from those made in, or suggested by, the forward-lookingstatements contained in this annual report. In addition, even if ourresultsof operations,financial condition and liquidity,and thedevelopmentof the industry in which the Group operates areconsistentwith the forward-looking statements contained in thisannual report, those results or developments may not be indicativeof results or developments in subsequent periods. CORPORATE INFORMATION公 司 資 料 BOARD OF DIRECTORSNon-executive DirectorMs. Zhao Ying(Chairman) Executive Directors Ms. Li XingyingMs. Wang WeiMr. Huang Peikun Independent Non-executive Directors Mr. Cheung Ying KwanDr. Wong Wing Kuen AlbertMr. Choi Hon Keung Simon AUTHORIZED REPRESENTATIVES (ACIS ACS)2023929(HKICPA)2023929 Ms. Li XingyingMs. Li Ming Wai (ACIS ACS) (resigned on 29 September 2023)Ms. To Yee Man (HKICPA) (appointed on 29 September 2023) COMPANY SECRETARY (ACIS ACS)2023929(HKICPA)2023929 Ms. Li Ming Wai (ACIS ACS) (resigned on 29 September 2023)Ms. To Yee Man (HKICPA) (appointed on 29 September 2023) AUDIT COMMITTEE Dr. Wong Wing Kuen Albert(Chairman)Mr. Cheung Ying KwanMr. Choi Hon Keung Simon NOMINATION COMMITTEE Ms. Zhao Ying(Chairman)Mr. Cheung Ying KwanMr. Choi Hon Keung Simon REMUNERATION COMMITTEE Dr. Wong Wing Kuen Albert(Chairman)Mr. Cheung Ying KwanMs. Zhao Ying REGISTERED OFFICE 2nd FloorThe Grand Pavilion Commercial Centre802 West Bay Road, P.O. Box 10338Grand Cayman KY1-1003Cayman Islands 2nd FloorThe Grand Pavilion Commercial Centre802 West Bay Road, P.O. Box 10338Grand Cayman KY1-1003Cayman Islands Corporate Information公司資料 48 HEADQUARTERS IN CHINA No. 48, Louzhuang Road,Langfang Development Area,Langfang, Hebei, PRC PRINCIPAL PLACE OF BUSINESSIN HONG KONG 168–200373707A Unit 3707A, 37thFloorWest Tower Shun Tak Centre,168–200 Connaught Road CentralHong Kong AUDITORS Deloitte Touche TohmatsuRegistered Public Interest Entity Auditors LEGAL ADVISER TO THE COMPANY Jeffrey Mak Law Firm(as to Hong Kong laws) PRINCIPAL BANKERChina Construction Bank www.chinawty.com COMPANY WEBSITEwww.chinawty.com PRINCIPAL SHARE REGISTRAR ANDTRANSFER OFFICE TMF (Cayman) Ltd.2nd FloorThe Grand Pavilion Commercial Centre802 West Bay Road, P.O. Box 10338Grand Cayman KY1-1003Cayman Islands TMF (Cayman) Ltd.2nd FloorThe Grand Pavilion Commercial Centre802 West Bay Road, P.O. Box 10338Grand Cayman KY1-1003Cayman Islands HONG KONG BRANCH SHARE REGISTRARAND TRANSFER OFFICE 183171712–1716 Computershare Hong Kong Investor Services LimitedShops 1712–1716, 17/FHopewell Centre183 Queen’s Road EastWanchai, Hong Kong 6966 STOCK CODE FINANCIAL SUMMARY財 務 概 要 Notes: CHAIRMAN’S STATEMENT主 席 報 告 書 Dear honourable shareholders, During the Period, the Group was principally engaged in the sale of burial plots andcolumbariumunits,provision of other burial-related services,provision of cemeterymaintenance services and provision of funeral services. Zhao Ying,Non-Executive Director and Chairman Dear Shareholders, With the new year embracing vibrancy and agility, on behalf of theboard of directors (the “Board”) of the Company and my personalown, may I extend my heartfelt gratitude and sincere greetings to allshareholders,investors and friends