亨得利二零二四年年报

(Incorporated in the Cayman Islands with limited liability)Stock Code股份代號 :3389(於開曼群島註冊成立之有限公司) Content目錄 2Chairman’s Statement主席報告書8Report of Directors董事會報告書42Corporate Governance Report企業管治報告59Environmental, Social and Governance Report環境、社會及管治報告85Financial Summary財務概要86Independent Auditor’s Report獨立核數師報告93Consolidated Statement of Profit or Loss綜合損益表94Consolidated Statement of Profit or Loss and Other Comprehensive Income綜合損益及其他全面收入表96Consolidated Statement of Financial Position綜合財務狀況表98Consolidated Statement of Changes in Equity綜合權益變動表100Consolidated Cash Flow Statement綜合現金流量表102Notes to the Financial Statements財務報表附註225Corporate Information公司資料 CHAIRMAN’S STATEMENT主席報告書CHAIRMAN’S STATEMENT主席報告書 Pursues stability while maintaining sound, steady, and long-term operations Dear Shareholders, OnbehalfoftheBoardofDirectors(the“Board”),Iampleased to present the annual report of Hengdeli HoldingsLimited (the “Company”) and its subsidiaries (the “Group”)for the year ended 31 December 2024 (the “year” or the“year under review”) for your review. In 2024, the international environment was complex. Amidintensifyinggeopoliticalconflicts,regionalwarsandtradeprotectionism,themomentumofworldeconomicgrowthremained weak. China’s total economic output achieved anew breakthrough, however, there were still many risks andhidden dangers. Confronted with complicated environment,the Group adhered to the principle of “sound, steady andlong-termoperations”andadjusteditsbusinessinlinewiththemarketsoastomaintainsurvivalandpursuedevelopment, making every effort to safeguard the interestsof shareholders. For the year ended 31 December 2024, the Group recordedr e v e n u eo fR M B1,043,555,000(31D e c e m b e r2023:RMB1,421,454,000),representingayear-on-yeardecreaseof26.6%;high-endconsumingaccessoriesbusinessrecorded revenue of RMB688,104,000 (31 December 2023:RMB710,708,000), representing a year-on-year decrease of3.2%; international commodity trading recorded revenue ofRMB355,451,000(31December2023:RMB710,746,000),representingayear-on-yeardecreaseof50.0%.TheGrouprecordedalossofapproximatelyRMB55,472,000(31D e c e m b e r2023:p r o f i to fR M B35,191,000)a n dlossattributabletoequityshareholdersamountedtoapproximatelyRMB65,161,000(31December2023:profitof RMB33,885,000), which was mainly due to the decreaseinsalesandgrossprofit,theincreaseindepreciationexpenses on property as well as plant and equipment andforeign exchange losses incurred by the operating units as aresult of exchange rate fluctuations. 1,043,555,0001,421,454,00026.6%688,104,000710,708,0003.2%355,451,000710,746,00050.0%55,472,00035,191,00065,161,00033,885,000 CHAIRMAN’S STATEMENT主席報告書 Duringtheyearunderreview,China’seconomywasundergreatpressure,whichaffectedtheGroup'shigh-endconsumingaccessoriesbusinesstoacertainextent.However, the Group has adopted various measures to copewiththecomplexoperatingenvironment,beingstability-rooted,pursuingdevelopmentthroughinnovation,activelyimprovinggrossprofitmarginandreducingexpenses.During the year, although the sales of high-end consumingaccessoriesbusinessdeclinedslightly,theprofithasimproved significantly compared with the same period lastyear. Duringtheyearunderreview,inthebackgroundwherethe international economic environment was unpredictable,themarketpricesofproductssuchasmineralsandandcoal saw a volatility. The Group's international commoditytradevalueandprofitbothdeclinedcomparedwiththesame period last year. In 2024, the global shipping marketfor dry bulk cargo experienced an increased volatility as awhole. The Group has always maintained its prudent andsteady business strategy by insisting on a customer-orientedapproach and ensuring the safety of ship navigation as itseized new opportunities to expand its business. In additionto deepening its efforts in the traditional shipping routes, theGroup opened up a bauxite shipping route between Turkeyand China for the first time and signed a long-term shippingagreement. During the year, both revenue and profit fromthe Group’s shipping business achieved impressive results. T h eG r o u p ’ sc o r ev a l u e so f“ r e s p e c t ,c o m m i t m e n t ,cooperationandinnovation”haveenabledustobuildasolid foundation for corporate governance and fulfill socialresponsibilities. Believing that business coexists as a partof society and prospers along with it, the Group, apart fromits efforts in achieving business results and creating brandvalue, has been improving its social values by protecting theenvironment,managingenvironmentalquality,conservingresources and developing talents. The Group also activelyparticipatedinpublicwelfareactivitieswithanaimofgrowing together and sharing with the community. At present, the global political situation is experiencing ahighdegreeofunrest,makingthebusinessenvironmentremain complicated and grim. Apart from adverse impactsbrought about by changes in the external environment, theeconomicperformanceofMainlandChinaalsoconfrontscertain difficulti