远大中国年报2023

Contents Corporate Information2Financial Highlights5Corporate Culture & Mission6Chairman’s Statement7Management Discussion and Analysis9Directors and Senior Management22Corporate Governance Report29Report of the Board of Directors58Independent Auditor’s Report74Consolidated Statement of Profit or Loss85Consolidated Statement of Profit or Loss andOther Comprehensive Income86Consolidated Statement of Financial Position87Consolidated Statement of Changes in Equity89Consolidated Cash Flow Statement91Notes to the Consolidated Financial Statements93Five Year Financial Summary232 Corporate Information DIRECTORS 202436 Executive DirectorsKang Baohua(Chairman)Zhao Zhongqiu(Chief executive officer)Ma Minghui(resigned on 6 March 2024)Wang HaoZhang Lei 202399202366202341820237132024117 Independent non-executive DirectorsPoon Chiu Kwok(resigned on 9 September 2023)Woo Kar Tung, RaymondPang Chung Fai, Benny(retired on 6 June 2023)Yang Qianwen(appointed on 18 April 2023)Wang Yuhang(appointed on 13 July 2023)Ha Gang(appointed on 17 January 2024) BOARD COMMITTEES 202399202366202341820237132024117 Audit CommitteeWoo Kar Tung, Raymond(Chairman)Poon Chiu Kwok(resigned on 9 September 2023)Pang Chung Fai, Benny(retired on 6 June 2023)Yang Qianwen(appointed on 18 April 2023)Wang Yuhang(appointed on 13 July 2023)Ha Gang(appointed on 17 January 2024) Nomination CommitteeKang Baohua(Chairman)Poon Chiu Kwok(resigned on 9 September 2023)Pang Chung Fai, Benny(retired on 6 June 2023)Yang Qianwen(appointed on 18 April 2023)Wang Yuhang(appointed on 13 July 2023) 20239920236620234182023713 20236620234182024117 Remuneration CommitteeWoo Kar Tung, Raymond(Chairman)Zhao ZhongqiuPang Chung Fai, Benny(retired on 6 June 2023)Yang Qianwen(appointed on 18 April 2023)Ha Gang(appointed on 17 January 2024) REGISTERED OFFICE Cricket SquareHutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands Cricket SquareHutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands Corporate Information 1320110027 HEADQUARTERS IN CHINA 20, Street 13Shenyang Economic & Technological Development AreaShenyang 110027China 362911 PLACE OF BUSINESS IN HONG KONG Office 11, 9/FFortune Commercial Building362 Sha Tsui RoadTsuen Wan, New TerritoriesHong Kong AUTHORIZED REPRESENTATIVESZhao ZhongqiuYu Leung Fai, Philip(HKICPA, AICPA, CPA (Aust)) COMPANY SECRETARYYu Leung Fai, Philip(HKICPA, AICPA, CPA (Aust)) PRINCIPAL SHARE REGISTRAR Suntera (Cayman) LimitedSuite 3204, Unit 2ABlock 3, Building D, P.O. Box 1586Gardenia Court, Camana BayGrand Cayman, KY1-1100Cayman Islands Suntera (Cayman) LimitedSuite 3204, Unit 2ABlock 3, Building D, P.O. Box 1586Gardenia Court, Camana BayGrand Cayman, KY1-1100Cayman Islands HONG KONG SHARE REGISTRAR Link Market Services (Hong Kong) Pty Limited28161601 Link Market Services (Hong Kong) Pty LimitedSuite 1601, 16/F., Central Tower28 Queen’s Road Central,Hong Kong PLACE OF LISTINGThe Main Board of The Stock Exchange of Hong Kong Limited(the “Stock Exchange”) 2789 STOCK CODE2789 Corporate Information PRINCIPAL BANKERS Industrial and Commercial Bank of China Limited,Shenyang Yu Hong SubbranchChina Development Bank, Liaoning BranchShengjing Bank, Shenyang Yuhong SubbranchChina Construction Bank, Shenyang Shenhe BranchChina Guangfa Bank, Shenyang Shenhe SubbranchChina Zheshang Bank Shenyang BranchShenyang Rural Commercial Bank, Hunnan SubbranchHuludao Rural Commercial Bank, Longgang SubbranchBank of DanDong, Shenyang Branch AUDITORS 108 KPMGPublic Interest Entity Auditor registered in accordance withthe Accounting and Financial Reporting Council Ordinance8th Floor, Prince’s Building10 Chater RoadCentral, Hong Kong LEGAL ADVISORSAs to Hong Kong lawSidley Austin www.yuandacn.com WEBSITEwww.yuandacn.com Financial Highlights Revenue(RMB million)Adjusted gross profit margin(Note)Consolidated net profit(RMB million)Profit attributable to equityshareholders of the Company(RMB million)Net cash generated from operatingactivities(RMB million)Basic and diluted earningsper share(RMB cents)Proposed final dividendper share(HKD cents) Note:Adjusted gross profit margin represents gross profit afterimpairment losses for trade and bills receivables and contractassets. Corporate Culture & Mission OPERATION PHILOSOPHYTechnology leads marketsServices create value ENTERPRISE MOTTO To do things honestlyTo treat people sincerelyTo understand causes and resultsTo unify theory and practiceTo lead an honest and clean life CORPORATE MISSION For the countryFor the customersFor the employeesFor the shareholders MANAGEMENT CONCEPTSSustainable DevelopmentCircular ImprovementStatistics AnalysisContinuous Improvement PRODUCT CONCEPTSServiceQualityCost WEALTH CONCEPTSWealth means responsibility TALENT CONCEPTSJudging people on his performanceTalent comes first MARKETING CONCEPTSIdentify the needs of the customersCreate value for the customersProvide best services to the customers CULTURE CONCEPTSRespectCommunicateUnders