同仁堂科技年报2024

2024ANNUAL REPORT CONTENTS 2Corporate Structure4Corporate Information6Financial Highlights8Chairman’s Statement12Management Discussion and Analysis24Report of the Board of Directors76Report of the Supervisory Committee78Corporate Governance Report114Directors, Supervisors and Senior Management122Independent Auditor’s Report129Consolidated Balance Sheet132Consolidated Income Statement133Consolidated Statement of Comprehensive Income134Consolidated Statement of Changes in Equity136Consolidated Statement of Cash Flows138Notes to the Consolidated Financial Statements Corporate Structure Note 1:China Beijing Tong Ren Tang Group Co., Ltd.(“Tong Ren Tang Holdings”) is theultimate holding company of Tong Ren Tang Technologies Co. Ltd.(“Tong Ren TangTechnologies” or the “Company”).1 Note 2: Beijing Tong Ren Tang Company Limited(“Tong Ren Tang Ltd.”) (stock code: 600085.SH) wasincorporated in the People’s Republic of China (the “PRC”) in 1997 and listed on the Shanghai Stock Exchange in June of the sameyear. Tong Ren Tang Ltd. is the direct holding company of Tong Ren Tang Technologies.2600085.SH Note 3: Beijing Tong Ren Tang Chinese Medicine Company Limited(“Tong Ren Tang Chinese Medicine”)(stock code: 3613. HK) was incorporated in Hong Kong Special Administrative Region of the PRC (“Hong Kong, China”) in 2004,listed on the Growth Enterprise Market of The Stock Exchange of Hong Kong Limited (the “Hong Kong Stock Exchange”) inMay 2013, and transferred to the Main Board of the Hong Kong Stock Exchange in May 2018. Tong Ren Tang Chinese Medicine is asubsidiary of the Company.33613.HK Corporate Information BOARD OF DIRECTORS As at 31 December 2024 and as at the date of this report, thedirectors of the Company (each the “Director”) of the board(the “Board”) are as follows: EXECUTIVE DIRECTORS(Note) Gu Hai Ou(Chairman) (Resigned on 22 January 2024)Di Shu Bing(Chairman) (Appointed on 22 January 2024)Chen Jia FuFeng Zhi Mei NON-EXECUTIVE DIRECTORS(Note) Jin Tao(Retired on 12 June 2024)Zhang Yi(Appointed on 12 June 2024)Wang Chun RuiFeng Li INDEPENDENT NON-EXECUTIVEDIRECTORS(Note) Ting Leung Huel, Stephen(Retired on 12 June 2024)Li Siu Bun(Appointed on 12 June 2024)Chan Ching Har, ElizaZhan Yuan Jing SUPERVISORS(Note) Su Li(Chairman) (Retired on 12 June 2024)Guo Wen(Chairman) (Appointed on 12 June 2024)Wu Yi GangLi Yuan Hong(Retired on 12 June 2024)Li Mei(Appointed on 14 May 2024 with effect from 12 June2024) SENIOR MANAGEMENT(Note) Chen Jia Fu(General Manager)Guan Jun WeiZhang Chun YouFeng Zhi MeiYang LiHan Guan ZhaoAn Feng PengLi Yijun AUTHORIZED PERSON TOACCEPT SERVICE OF PROCESSAND NOTICE Yung Mei Yee COMPANY SECRETARY(Note) Li YijunYung Mei Yee(Resigned on 29 October 2024) Corporate Information (Continued) AUDIT COMMITTEE(Note) Ting Leung Huel, Stephen(Chairman)(Retired on 12 June 2024)Li Siu Bun(Chairman) (Appointed on 12 June 2024)Chan Ching Har, ElizaZhan Yuan Jing REMUNERATIONCOMMITTEE(Note) Zhan Yuan Jing(Chairman)Chan Ching Har, ElizaTing Leung Huel, Stephen(Retired on 12 June 2024)Li Siu Bun(Appointed on 12 June 2024) NOMINATION COMMITTEE(Note) Gu Hai Ou(Chairman) (Resigned on 22 January 2024)Di Shu Bing(Chairman) (Appointed on 22 January 2024)Chan Ching Har, ElizaZhan Yuan Jing STRATEGY AND PLANNINGCOMMITTEE(Note) Gu Hai Ou(Chairman) (Resigned on 22 January 2024)Di Shu Bing(Chairman) (Appointed on 22 January 2024)Chen Jia FuChan Ching Har, ElizaZhan Yuan JingTing Leung Huel, Stephen(Retired on 12 June 2024)Li Siu Bun(Appointed on 12 June 2024) AUTHORIZEDREPRESENTATIVES(Note) Gu Hai Ou(Resigned on 22 January 2024)Di Shu Bing(Appointed on 22 January 2024)Li Yijun INDEPENDENT AUDITOR Ernst & Young27/F, One Taikoo Place979 King’s RoadQuarry Bay, Hong Kong H SHARE REGISTRAR H Computershare Hong Kong Investor Services LimitedShops 1712–1716,17th Floor, Hopewell Centre,183 Queen’s Road East,Wanchai, Hong Kong 183171712–1716 Note:For details of the above-mentioned changes, please referto the section headed “Changes of Directors, Supervisors,Company secretary and Senior management” in the “Reportof the Board of Directors” of this report. Financial Highlights A summary of the consolidated results and financial position of the Company and its subsidiaries (hereinafter collectivelyreferred to as the “Group”) for each of five years ended 31 December 2024, as extracted from the audited financial statementsof the Group, is set out below: Chairman’s Statement I am pleased to present the annual report of the Group for the year ended 31 December 2024 (the “Reporting Period”) forshareholders’ review. RESULTS OF THE YEAR For the year ended 31 December 2024, the Group’s revenue amounted to RMB7,259,644,000, representing an increase of7.18% from RMB6,773,463,000 for the corresponding period of last year; net profit amounted to RMB886,933,000, representinga decrease of 10.62% from RMB992,313,000 for the corresponding period of last year; profit attributable to owners of theCompany amounte