博耳电力2023年度报告

(Incorporated in the Cayman Islands with limited liability)(Stock Code: 1685 ANNUAL REPORT\年度報告2023 Contents目錄 72Independent Auditor’s Report81Consolidated Statement of Profit or Lossand Other Comprehensive Income82Consolidated Statement of Financial Position84Consolidated Statement of Changes in Equity85Consolidated Cash Flow Statement86Notes to the Financial Statements 2Corporate Information4Financial Summary5Chairman’s Statement10Management Discussion and Analysis28Biographical Details of Directors andSenior Management36Corporate Governance Report58Report of the Directors 公司資料CORPORATE INFORMATION BOARD OF DIRECTORS Executive Directors Mr. Qian Yixiang(Chairman and Chief Executive Officer)Ms. Jia Lingxia(Chief Operating Officer)Mr. Zha Saibin(Mr. Yu Wai Ming as his alternate Director)Mr. Qian ZhongmingMr. Yu Wai Ming Independent Non-executive Directors Mr. Tang JianrongMr. Qu WeiminMr. Lai Wai Leuk AUDIT COMMITTEE Mr. Lai Wai Leuk(Chairman)Mr. Tang JianrongMr. Qu Weimin REMUNERATION COMMITTEE Mr. Lai Wai Leuk(Chairman)Mr. Tang JianrongMr. Qu WeiminMr. Qian YixiangMs. Jia Lingxia NOMINATION COMMITTEE Mr. Lai Wai Leuk(Chairman)Mr. Tang JianrongMr. Qu WeiminMr. Qian YixiangMs. Jia Lingxia COMPANY SECRETARY Mr. Chan Shiu Pui AUTHORISED REPRESENTATIVES Ms. Jia LingxiaMr. Chan Shiu Pui AUDITORBDO Limited LEGAL ADVISER Reed Smith Richards Butler LLP INVESTOR AND MEDIA RELATIONS CONSULTANT Financial PR (HK) Limited REGISTERED OFFICE Windward 3Regatta Office ParkP.O. Box 1350Grand CaymanKY1-1108Cayman Islands Windward 3Regatta Office ParkP.O. Box 1350Grand CaymanKY1-1108Cayman Islands HEAD OFFICE IN THE PRC Luoyang RoadYangshi Industrial ParkHuishan DistrictWuxi CityJiangsu ProvincePRC PRINCIPAL PLACE OF BUSINESS IN HONG KONG 1286D Unit D, 6th FloorNeich Tower128 Gloucester Road,Wanchai, Hong Kong PRINCIPAL SHARE REGISTRAR AND TRANSFEROFFICE IN THE CAYMAN ISLANDS Ocorian Trust (Cayman) LimitedWindward 3Regatta Office ParkP.O. Box 1350Grand CaymanKY1-1108Cayman Islands Ocorian Trust (Cayman) LimitedWindward 3Regatta Office ParkP.O. Box 1350Grand CaymanKY1-1108Cayman Islands HONG KONG SHARE REGISTRAR 183171712-1716 Computershare Hong Kong Investor Services LimitedShops 1712-171617th FloorHopewell Centre183 Queen’s Road EastWanchaiHong Kong www.boerpower.com COMPANY’S WEBSITE www.boerpower.com STOCK CODE 1685 1685 主席報告CHAIRMAN’S STATEMENT On behalf of the board (the “Board”) of directors (the “Director”) ofBoer Power Holdings Limited (the “Company” or “Boer Power”) andits subsidiaries (collectively, the “Group”), I report to shareholdersthe annual results of the Group for the year ended 31 December2023 (the “year”). 1265.2%503.0%7.682.3% In 2023, the global economic situation faced multiple challenges,including central banks in various countries raising interest ratesto curb inflation, sluggish domestic and international demand, andtense geopolitical situations. Despite the complex macroeconomicenvironment, the Chinese economy demonstrated resilience,showing a steady development trend. According to data from theNational Bureau of Statistics, the country’s gross domestic product(GDP) reached approximately RMB126 trillion, with a year-on-year growth of 5.2%. Total fixed asset investment (excluding ruralhouseholds) exceeded RMB50 trillion, with a year-on-year growthof 3.0%. However, the total profits of industrial enterprises above acertain scale in the country were around RMB7.68 trillion, showinga year-on-year decrease of 2.3%. The economic recovery still facesuncertainties, and the business environment poses challenges. Inresponse to the current macroeconomic environment, our Groupactively identified market changes during the year, employingcautious operational strategies and refined management practicesto enhance operational efficiency. Leveraging years of experienceand resources in the power industry, the Group possessedadvantages in leading technology and high-quality products,aiming to expand business scale and customer base, achievingsteady development in performance. 585.66.6%28.4%166.063.059.832.732.15.4%1.8%28.930.14.1% During the year, the domestic and international economicdevelopment remains uncertain. The Group adheres to its low-risk business development model to balance market fluctuationsaffecting its operations. The Group’s revenue experienced a slightdecline, recording RMB585.6 million, a year-on-year decreaseof 6.6%. Proactively adapting to market changes, the Groupmaintains a gross profit margin of 28.4%, with a yearly grossprofit of RMB166.0 million. Simultaneously, the Group implementsstringent internal control systems and regulatory measures touphold operational efficiency, resulting in profit from operationsand profit before taxation of RMB63.0 million (2022: RMB59.8million) and RMB32.7 million (2022: RMB32.1 million), respectively,demonstrating year-on-year growth of 5.4% and 1.8%, respectively.Although the profit for the year of the Group ex