久泰邦达能源年报 2024

CONTENTS目錄 CORPORATE INFORMATION 董事會 Board of Directors 執行董事 Mr. YU Bangping(Chairman)Mr. YU Zhilong(Chief Executive Officer)Mr. WANG Shize (resigned on 12 March 2024)Mr. LI Xuezhong(Chief Operating Officer)Mr. LAU Kai Ming(Chief Financial Officer)Mr. YU Xiao 2024312 獨立非執行董事 Mr. FONG Wai HoMr. Punnya Niraan DE SILVAMs. CHEUNG Suet Ting, Samantha (resigned on 14 November 2024)Mr. WANG Xiufeng (resigned on 1 May 2024)Mr. SI Zeyu (appointed on 7 June 2024)Ms. YAU Shu Shan (appointed on 14 November 2024) Punnya Niraan De Silva2024111420245120246720241114 審核委員會 Audit Committee Mr. FONG Wai Ho(Chairman)Mr. Punnya Niraan DE SILVAMs. CHEUNG Suet Ting, Samantha (resigned on 14 November 2024)Ms. YAU Shu Shan (appointed on 14 November 2024) Punnya Niraan DE SILVA2024111420241114 提名委員會 Nomination Committee Mr. YU Bangping(Chairman)Mr. FONG Wai HoMs. CHEUNG Suet Ting, Samantha (resigned on 14 November 2024)Ms. YAU Shu Shan (appointed on 14 November 2024) 2024111420241114 薪酬委員會Punnya Niraan DE SILVA Remuneration Committee Mr. FONG Wai Ho(Chairman)Mr. Punnya Niraan DE SILVAMr. LAU Kai Ming 公司秘書 Company SecretaryMr. CHAN Kwong Leung, Eric 法定代表 Authorized Representatives Mr. LAU Kai MingMr. CHAN Kwong Leung, Eric 核數師 Auditor Deloitte Touche TohmatsuCertified Public AccountantsRegistered Public Interest Entity Auditor35/F, One Pacific Place88 QueenswayHong Kong 8835 法律顧問 Legal Advisers As to Hong Kong Laws:Loeb & Loeb LLP2206–19 Jardine House1 Connaught Place, CentralHong Kong 12206–19 As to People’s Republic of China Laws:Commerce & Finance Law Offices6/F, NCI TowerA12 Jianguomenwai AvenueChaoyang DistrictBeijingChina 126 As to Cayman Islands Laws:Maples and Calder (Hong Kong) LLP53rd Floor, The Center99 Queen’s Road CentralHong Kong 9953 註冊辦事處P.O. Box 309, Ugland HouseGrand Cayman, KY1-1104Cayman Islands Registered OfficeP.O. Box 309, Ugland HouseGrand Cayman, KY1-1104Cayman Islands 主要營運地點中國總部 Principal Place of Business Head Office in ChinaOffice building next to E’Lang Pu Leisure SquareHongguo Economic Development AreaLiupanshui City, Guizhou Province, China 香港辦事處 Hong Kong Office Unit A1, 25th FloorNCB Innovation Centre888 Lai Chi Kok RoadKowloonHong Kong 888 25A1 開曼群島主要股份過戶登記處 Cayman Islands Principal ShareRegistrar and Transfer Office Maples Fund Services (Cayman) LimitedP.O. Box 1093, Boundary HallCricket Square, Grand CaymanKY1-1102, Cayman Islands Maples Fund Services (Cayman) LimitedP.O. Box 1093, Boundary HallCricket Square, Grand CaymanKY1-1102, Cayman Islands 香港股份過戶登記分處 Hong Kong Branch ShareRegistrar and Transfer Office Tricor Investor Services Limited17/F, Far East Finance Centre16 Harcourt RoadHong Kong 1617 主要往來銀行 Principal Bankers Bank of China LimitedBank of Guiyang Co. Ltd.Bank of Communications Co., Limited, Hong Kong 上市地點及股份代號2798 Place of Listing and Stock CodeMain Board of The Stock Exchange of Hong Kong Limited/2798 公司網站www.perennialenergy.hk Company’s Websitewww.perennialenergy.hk (1)Return on equity is calculated by profit and total comprehensive income forthe year over total equity.(2)Return on assets is calculated by profit and total comprehensive income forthe year over total assets.(3)Gearing ratio is calculated by bank and other borrowing over total equity.(1)(2)(3) Dear Shareholders, I would like to express my gratitude for your interest in and support forPerennial Energy Holdings Limited (“Perennial Energy” or the “Company”).Over the past year, the steadily recovering macroeconomic conditionspresented both opportunities and challenges for the coal industry, againstwhich the Company actively pursued business development and strived toachieve solid results. On behalf of the board of directors of the Company(the “Board”), I am pleased to present to our shareholders the results andoperational review of the Company and its subsidiaries (the “Group”) for theyear ended 31 December 2024 (the “year under review”). Industry Review In 2024, China’s macroeconomy experienced a dynamic collision between“flow recovery” and “stock adjustment”. According to preliminary estimatesby the National Bureau of Statistics, China’s Gross Domestic Product (GDP)surpassed RMB130 trillion for the first time, representing a 5.0% year-on-year increase as compared to last year. Under such macroeconomic trends,different industries showed varying developments. In terms of the coal industry, China’s coal production witnessed a recordhigh in 2024, with the raw coal output from industrial enterprises abovedesignated size rose to approximately 4.76 billion tonnes on a year-on-yearbasis. Affected by a number of factors, including steadily growing domesticproduction, an unexpectedly higher import volume, comparatively weakconsumption, a sluggish real estate sector and a decelerating infrastructureindustry, despite electricity and coal consumption demonstrating resilienceto a certain extent, the downstream steel and building materials industrieshad a weak demand fo