三和精化：二零二四年全年业绩公告

SANVOFine Chemicals Group Limited 301 CONTENTS 公司資料2財務概要5主席報告6管理層討論與分析8董事及高層管理人員的個人資料17董事會報告28企業管治報告53環境、社會及管治報告73獨立核數師報告127綜合全面收益表136綜合財務狀況表137綜合權益變動表139綜合現金流量表140綜合財務報表附註142 CORPORATE INFORMATION 執行董事陳炳强先生（主席）吳卓倫先生 EXECUTIVE DIRECTORS Mr.Chen Bingqiang(Chairman)Mr.Ng Cheuk Lun NON-EXECUTIVE DIRECTORMs.Wang Xiaorong 非執行董事王筱蓉女士 獨立非執行董事 INDEPENDENT NON-EXECUTIVE DIRECTORS 賴錫璋工程師許凱先生楊振宇先生 Ir. Daniel LaiMr.Xu KaiMr.Yeung Chun Yue David 審計委員會楊振宇先生（主席）賴錫璋工程師許凱先生 AUDIT COMMITTEE Mr.Yeung Chun Yue David(Chairman)Ir.Daniel LaiMr.Xu Kai REMUNERATION COMMITTEE 薪酬委員會 賴錫璋工程師（主席）許凱先生楊振宇先生陳炳强先生 Ir. Daniel Lai(Chairman)Mr.Xu KaiMr.Yeung Chun Yue DavidMr.Chen Bingqiang NOMINATION COMMITTEE 提名委員會 許凱先生（主席）賴錫璋工程師楊振宇先生 Mr.Xu Kai(Chairman)Ir. Daniel LaiMr.Yeung Chun Yue David ESG COMMITTEE 環境、社會及管治委員會 Mr.Chen Bingqiang(Chairman)Mr.Ng Cheuk LunIr. Daniel LaiMr.Xu KaiMr.Yeung Chun Yue David 陳炳强先生（主席）吳卓倫先生賴錫璋工程師許凱先生楊振宇先生 CORPORATE INFORMATION 公司秘書吳卓倫先生 COMPANY SECRETARYMr. Ng Cheuk Lun AUTHORISED REPRESENTATIVES 授權代表 吳卓倫先生陳炳强先生 Mr. Ng Cheuk LunMr. Chen Bingqiang 註冊辦事處 REGISTERED OFFICE 71 Fort StreetPO Box 500George TownGrand Cayman KY1-1106Cayman Islands 71 Fort StreetPO Box 500George TownGrand Cayman KY1-1106Cayman Islands HEADQUARTERS AND PRINCIPAL PLACE OF BUSINESS INTHE PRC 中國總部及主要營業地點 中國廣東省中山市黃圃鎮新柳西路5號 No.5 Xinliu West RoadHuangpu TownZhongshanGuangdong ProvinceThe PRC 香港主要營業地點 PRINCIPAL PLACE OF BUSINESS IN HONG KONG 5/F., 349 Hennessy RoadWanchaiHong Kong 香港灣仔軒尼詩道349號5/F 開曼群島股份過戶登記總處 CAYMAN ISLANDS PRINCIPAL SHARE REGISTRAR ANDTRANSFER OFFICE Appleby Global Services (Cayman) Limited71 Fort StreetPO Box 500George TownGrand Cayman KY1-1106Cayman Islands Appleby Global Services (Cayman) Limited71 Fort StreetPO Box 500George TownGrand Cayman KY1-1106Cayman Islands CORPORATE INFORMATION 香港股份過戶登記分處 HONG KONG BRANCH SHARE REGISTRAR 香港中央證券登記有限公司香港灣仔皇后大道東183號合和中心17樓1712-1716號舖 Computershare Hong Kong Investor Services LimitedShops 1712-1716, 17th FloorHopewell Centre183 Queen’s Road EastWanchai, Hong Kong INDEPENDENT AUDITOR 獨立核數師 大華馬施雲會計師事務所有限公司註冊公眾利益實體核數師香港九龍尖沙咀廣東道19號海港城環球金融中心北座1001-1010室 Moore CPA LimitedRegistered Public Interest Entity Auditor1001-1010, North Tower, World Finance Centre, Harbour City19 Canton Road, TsimshatsuiKowloon, Hong Kong HONG KONG LEGAL ADVISER 香港法律顧問 金杜律師事務所香港中環皇后大道中15號置地廣場告羅士打大廈13樓 King & Wood Mallesons13/F, Gloucester TowerThe Landmark15 Queen’s Road CentralCentral, Hong Kong PRINCIPAL BANKERS 主要往來銀行 招商永隆銀行香港德輔道中45號招商永隆銀行大廈19樓 CMB Wing Lung Bank Limited19/F, CMB Wing Lung Bank Building45 Des Voeux Road Central, Hong Kong PLACE OF LISTING 上市地點香港聯合交易所有限公司 The Stock Exchange of Hong Kong Limited STOCK CODE 股份代號301 301 公司網頁www.sanvo.com COMPANY’S WEBSITEwww.sanvo.com FINANCIAL SUMMARY CHAIRMAN’SSTATEMENT Dear Shareholders, While challenges to varying magnitudes were witnessed in eachsector across China, which were particularly significant for thereal estate related industries, the year 2024 (the “Year”) was thefirst financial year for the Group to record a loss after being listed.Such loss was primarily attributed to the downturn in the domesticeconomy, which has resulted in land impairment, increasedprovisions for receivables, and higher selling and distributionexpenses. Finally, on behalf of SANVO Fine Chemicals, I would like to extendmy sincere gratitude to all our shareholders, customers, employees,and suppliers for their unwavering support and trust in ourendeavours. As part of the Group’s globalisation efforts, we have beendedicating resources to our selling and distribution business. Thisincludes promoting overseas e-commerce platforms throughproduct videos and digital live broadcasts, as well as engagingin domestic live commerce initiatives, in order to secure ourfuture market share and align with the evolving trends in internete-commerce. Chen BingqiangChairmanGuangdong, China28 March 2025 We believe that comprehensive promotional strategies will enableour products to reach directly with end-users, stimulating demandfrom distributors and facilitating the development of internationalpartnerships to boost exports. We will focus on high-value and high-margin products to optimise our development and production costs. Despite the uncertain operating environment, our Group’s salesrevenue for this year has remained consistent with last year’sperformance. We are confident that our strategic promotionalinitiatives will yield significant advantages and deliver greater returnsfor our shareholders in the coming years. 主席報告 各位股東： 最 後，本 人 代 表 三 和 精 化 感 謝 全 體 股 東、客 戶、員 工 及 供 應 商 一 直以來對我們之支持及信任。 國 內 各 行 各 業 均 存 在 不 同 程 度 的 挑 戰，尤 其 對 房 地 產 相 關 行 業 影 響相對較為深遠。2024年（「本年度」）為本集團自上市後首個錄得虧損的 財 政 年 度。虧 損 主 要 原 因 為 國 內 經 濟 下 滑 導 致 土 地 減 值，應 收 款撥備及銷售及經銷費用增加。 為 確 保 未 來 市 佔 率 及 互 聯 網 電 商 發 展 趨 勢，在 全 球 佈 局 前 提 下 集 團積極投放資源於銷售及經銷業務推廣包括海外電商專線平台推廣（產品視頻，數字人直播）及國內直播帶貨。 我 們 相 信 深 度 推 廣 能 讓 產 品 直 接 進 入 終 端 用 家 視 線，從 而 激 活 經 銷商 訂 單 需 求 以 及 有 利