云南水务2024中期报告

Contents Corporate Information2 Definitions5 Financial Highlights8 Management Discussion and Analysis9 Corporate Governance23 Interim Condensed Consolidated Statement of Profit or Lossand Other Comprehensive Income28 Interim Condensed Consolidated Statement of Financial Position30 Interim Condensed Consolidated Statement of Changes in Equity33 Interim Condensed Consolidated Statement of Cash Flows35 Notes to the Interim Condensed Consolidated Financial Statements37 CORPORATE INFORMATION BOARD OF DIRECTORS Executive Directors Mr. Zheng Guangfeng(Vice Chairman, General Manager)Mr. Liu HuiMr. Zhou Zhimi Non-executive Directors Mr. Mei Wei(Chairman)Mr. Dai RichengMr. Chen Yong Independent Non-executive Directors Mr. Liu Shuen KongMr. Zhong WeiMr. Zhou Beihai AUDIT COMMITTEE Mr. Liu Shuen Kong(Chairman)Mr. Zhong WeiMr. Zhou Beihai REMUNERATION COMMITTEE Mr. Zhong Wei(Chairman)Mr. Liu HuiMr. Zhou Beihai NOMINATION COMMITTEE Mr. Mei Wei(Chairman)Mr. Zhou BeihaiMr. Zhong Wei COMPLIANCE COMMITTEE Mr. Zhong Wei(Chairman)Mr. Zheng GuangfengMr. Liu Shuen KongMr. Zhou BeihaiMr. Mo Wenyi(Supervisor) COMPANY SECRETARY Mr. Li Bo AUTHORISED REPRESENTATIVES Mr. Zheng GuangfengMr. Zhou Zhimi HEADQUARTER AND PRINCIPAL PLACE OF BUSINESSIN THE PEOPLE’S REPUBLIC OF CHINA (THE “PRC”) Yunnan Water2089 Haiyuan Bei RoadGaoxin DistrictKunming, YunnanPRC 2089 PRINCIPAL PLACE OF BUSINESS IN HONG KONG 251313110-11 Suite 3110–1131/F, Tower 1, The Gateway, Harbour City25 Canton Road, Tsim Sha TsuiKowloonHong Kong HONG KONG H SHARE REGISTRAR 1617 Tricor Investor Services Limited17/F, Far East Finance Centre16 Harcourt Road, Hong KongCentral and Western DistrictHong Kong LEGAL ADVISERS As to Hong Kong law: 15323203-3207 Jingtian & Gongcheng LLPSuite 3203–320732/F Edinburgh Tower, The Landmark15 Queen’s Road CentralEastern DistrictHong Kong As to PRC law: 126B5 DeHeng Law Offices (Kunming)3/F & 4/F Tower B5, Rongcheng Youjun126 Xiyuan RoadXishan DistrictKunming, Yunnan Province, PRC CORPORATE INFORMATION PRINCIPAL BANKERS Industrial Bank Co., Ltd.China Development BankAgricultural Bank of China LimitedAgricultural Development Bank of ChinaChina Construction Bank CorporationBank of Communications Co., Ltd.Shanghai Pudong Development Bank Co., Ltd.China CITIC Bank Corporation LimitedIndustrial and Commercial Bank of China LimitedChina Everbright Bank Company Limited AUDITOR 301801-806 Moore CPA LimitedCertified Public AccountantsRegistered Public Interest Entity Auditor801-806 Silvercord Tower 1,30 Canton Road,Tsimshatsui,Kowloon,Hong Kong STOCK CODE 6839 6839 http://www.yunnanwater.cn COMPANY’S WEBSITE http://www.yunnanwater.cn In this interim report, unless the context otherwise requires, the following expressions shall have the following meanings: “Articles of Association” DEFINITIONS FINANCIAL HIGHLIGHTS MANAGEMENT DISCUSSION AND ANALYSIS INDUSTRY OVERVIEW The year 2024 marking China’s 75th anniversary is a crucial year for our country toadvance the Beautiful China Initiative. China’s economic and social developmenthas entered a green, low-carbon and high-quality development stage, and theconstruction of a beautiful China has become an important goal of building amodern socialist country in an all-round way. The eco-environmental protectionindustry shall implement the requirements of pollution control in a targeted,scientific and lawful manner, improve the level of industrial development anddevelop modernized environmental governance capacity; aim to reduce pollution,cut carbon emissions and expand green development, and broaden the field andscope of industrial development; lead industrial innovation with scientific andtechnological innovation and create a new situation of industrial development;actively participate in global environmental governance and cultivate newadvantages in industrial development and competition. Key measures in water treatment include theNotice on the Selection of Green andLow-carbon Benchmark Plants for Sewage Treatment() issued by the General Office of the National Developmentand Reform Commission and the General Office of the Ministry of Housing andUrban-Rural Development, stating that it is proposed to select and build a numberof green and low-carbon benchmark plants for sewage treatment, in order to playa leading and exemplary role, promote the transformation toward a green andlow-carbon industry, and boost the construction of a beautiful China. The Noticeemphasizes that among the sewage treatment plants that have been built and ingood operation, an overall evaluation will be conducted regarding water quality,energy saving, carbon reduction, resource utilization, environmental friendliness,system coordination and other indicators, in order to select several representativebenchmark plants. Through benchmarking relevant indicators and experience ofbenchmark plants selected, combined with the central government budgetaryinvestment and large-scale eq