能源国际投资二零二三/二四年年报

CONTENTS Corporate Information2Chairman’s Statement4Management Discussion and Analysis7Biographical Details of Directors14Corporate Governance Report18Report of the Directors32Independent Auditor’s Report45Consolidated Income Statement53Consolidated Statement of Comprehensive Income55Consolidated Statement of Financial Position56Consolidated Statement of Changes in Equity58Consolidated Statement of Cash Flows59Notes to the Consolidated Financial Statements61 CORPORATE INFORMATION BOARD OF DIRECTORS Executive Directors Mr. Cao Sheng(Chairman)Mr. Liu Yong(Chief Executive Officer)Mr. Chan Wai Cheung AdmiralMr. Lan YongqiangMr. Shi JunMr. Luo Yingnan Independent Non-Executive Directors Mr. Tang QingbinMr. Wang JinghuaMr. Fung Nam Shan AUDIT COMMITTEE Mr. Tang Qingbin(Chairman)Mr. Wang JinghuaMr. Fung Nam Shan REMUNERATION COMMITTEE Mr. Tang Qingbin(Chairman)Mr. Wang JinghuaMr. Fung Nam ShanMr. Chan Wai Cheung Admiral NOMINATION COMMITTEE Mr. Tang Qingbin(Chairman)Mr. Wang JinghuaMr. Fung Nam ShanMr. Chan Wai Cheung Admiral COMPANY SECRETARY Mr. Chong Ching Hoi AUTHORISED REPRESENTATIVES Mr. Cao ShengMr. Chong Ching Hoi REGISTERED OFFICE Cricket SquareHutchins Drive, P.O. Box 2681Grand Cayman KY1-1111Cayman Islands Cricket SquareHutchins Drive, P.O. Box 2681Grand Cayman KY1-1111Cayman Islands Energy International Investments Holdings Limited/Annual Report 2023/242 CORPORATE INFORMATION HEAD OFFICE AND PRINCIPAL PLACE OFBUSINESS IN HONG KONG 14307–08 Units 4307–08, Office Tower, Convention Plaza1 Harbour Road, WanchaiHong Kong BRANCH SHARE REGISTRAR ANDTRANSFER OFFICE IN HONG KONG 1617 Tricor Tengis Limited17/F, Far East Finance Centre16 Harcourt RoadHong Kong PRINCIPAL SHARE REGISTRAR ANDTRANSFER OFFICE IN THE CAYMAN ISLANDS Conyers Trust Company (Cayman) LimitedCricket SquareHutchins Drive, P.O. Box 2681Grand Cayman KY1-1111Cayman Islands Conyers Trust Company (Cayman) LimitedCricket SquareHutchins Drive, P.O. Box 2681Grand Cayman KY1-1111Cayman Islands LEGAL ADVISERS TO THE COMPANY As to Hong Kong Law:C.L. Chow & Macksion Chan, SolicitorsLawrence Chan & Co. Conyers Dills & Pearman As to Cayman Islands Law:Conyers Dills & Pearman AUDITOR Crowe (HK) CPA LimitedCertified Public Accountants and Registered Public Interest Entity Auditor PRINCIPAL BANKERS DBS Bank (HK) LimitedDongying Bank Co., Ltd COMPANY’S WEBSITE http://website.energyintinv.wisdomir.com http://website.energyintinv.wisdomir.com CHAIRMAN’S STATEMENT Dear shareholders On behalf of the board (the “Board”) of directors (the “Directors”) ofEnergy International Investments Holdings Limited (the “Company”), Iam pleased to present to you the annual report of the Company andthe audited consolidated financial statements of the Company and itssubsidiaries (collectively referred to as the “Group”) for the year ended 31March 2024. As at 31 March 2024, the principal activities of the Group include oil andliquefied chemical terminal representing the businesses of leasing of oil andliquefied chemical terminal, together with its storage and logistics facilities(the “Port and Storage Facilities”), and provision of agency services andtrading of oil and liquefied chemical products in the People’s Republic ofChina (the “PRC”). BUSINESS REVIEW Oil and liquefied chemical terminal 150,000,00012,500,000 Following all requisite licenses and regulatory approvals for operation havebeen obtained, the Port and Storage Facilities located at Dongying PortEconomic Development Zone, Shandong Province, the PRC and operatedby Shandong Shundong Port Services Company Limited (“ShundongPort”), a non-wholly owned subsidiary of the Group, has achieved full-scale operation in May 2018. According to a lease agreement entered inDecember 2020, starting from January 2021, the Port and Storage Facilitieswere rented to an independent third party (the “Present Operator”). Theannualised rent receivable from the Present Operator (value-added taxincluded) was RMB150 million from 1 April 2022 to 19 May 2023. On18 May 2023, Shundong Port entered into a short-term lease agreement(the “Short-term Lease Agreement”) with the Present Operator, pursuantto which Shundong Port agreed to continue to lease the whole Port andStorage Facilities to the Present Operator up to 31 July 2023 at a monthlyrent of RMB12.5 million. 14 On 12 July 2023, Shundong Port entered into a new lease agreement (the“New Lease Agreement”) with the Present Operator whereby ShundongPort continued to lease the Port and Storage Facilities (with the exceptionof the 14 gas tanks (the “Self-operated Gas Tanks”) which are proposed tobe re-possessed and self-operated by the Group) to the Present Operatorfor the term commencing from 1 August 2023 (i.e. the date immediatelyafter the expiry of the Short-term Lease Agreement) and expiring on 31 July2028. CHAIRMAN’S STATEMENT Insurance brokerage service On 12 October 2023, the Group discontinued the Insurance BrokerageService upon the completi