老恒和酿造年报2024

目錄CONTENTS 財務摘要02Financial Highlights五年財務概要03Five Year Financial Summary主席報告04Chairman’s Statement公司資料09Corporate Information董事及高級管理人員履歷12Profile of Directors and Senior Management管理層討論與分析17Management Discussion and Analysis企業管治報告30Corporate Governance Report董事會報告52Directors’ Report獨立核數師報告65Independent Auditor’s Report綜合損益及其他全面收益表72Consolidated Statement of Profit or Loss and OtherComprehensive Income綜合財務狀況表73Consolidated Statement of Financial Position綜合權益變動表75Consolidated Statement of Changes in Equity綜合現金流量表77Consolidated Statement of Cash Flows綜合財務報表附註79Notes to the Consolidated Financial Statements FINANCIAL HIGHLIGHTS財務摘要 截至二零二四年十二月三十一日止年度的收入 為 人 民 幣275.1百 萬 元，較 二 零 二 三 年 人民幣258.8百萬元增加6.3%。 •Revenue for the year ended 31 December 2024 amounted toRMB275.1 million, representing an increase of 6.3% from RMB258.8million recorded in 2023.• 截至二零二四年十二月三十一日止年度的毛利為人民幣73.1百萬元，較二零二三年人民幣74.1百萬元減少1.4%。 •Gross profit for the year ended 31 December 2024 amounted toRMB73.1 million, representing a decrease of 1.4% from RMB74.1million recorded in 2023.• 截至二零二四年十二月三十一日止年度的本公 司 普 通 權 益 持 有 人 應 佔 虧 損 為 人 民 幣516.6百萬元，較二零二三年人民幣524.3百萬元減少1.5%。 •Loss attributable to ordinary equity holders of the Company for theyear ended 31 December 2024 amounted to RMB516.6 million,representing a decrease of 1.5% from RMB524.3 million recorded in2023.• 董 事 會 不 建 議 就 截 至 二 零 二 四 年 十 二 月三十一日止年度派付期末股息。 •The Board does not recommend the payment of a final dividend forthe year ended 31 December 2024.• FIVE YEAR FINANCIAL SUMMARY五年財務概要 本 集 團 過 去 五 個 財 政 年 度 的 業 績、資產及負債摘要（摘錄自已公佈的經審核綜合財務報表）載列如下： A summary of the results, assets and liabilities of the Group for the last fivefinancial years, as extracted from the published audited consolidatedfinancial statements is set out below: CHAIRMAN’S STATEMENT主席報告 本人非常榮幸地代表老恒和釀造有限公司（「」或「」）董事（「」）會（「」），提呈本公司及其附屬公司（統稱「」）或（「」）截至二零二四年十二月三十一日止財年的年報。 It is a great honour for me, on behalf of the board (the“Board”) of directors(the“Directors”) of Honworld Group Limited (the“Company”or“LaoHeng He”), to present the annual report of the Company and itssubsidiaries (collectively, the“Group”or“we”) for the financial year ended31 December 2024. BUSINESS REVIEW 我們是中華人民共和國（「」）的領先綜合調味品生產商之一。我們提供優質、健康的原釀料酒以及其他調味品，包括原釀醬油、原釀醋、黃豆醬、麻油、腐乳等零添加、有機產品。於二零二四年，我們取得如下成就： We are one of the leading manufacturers of comprehensive condimentproducts in the People’s Republic of China (the“PRC”or“China”). Weoffer high quality and healthy brewed cooking wine as well as othercondiments, including naturally-brewed soy sauce, naturally-brewedvinegar, soybean paste, sesame oil and fermented bean curd, which areorganic without any additives. In 2024, we attained the followingachievements: 一、我 們 參 與 製 定「健 康 調 味 品 質 量 通 則」、「生物發酵行業智能製造」等一系列團體標準和國家標準； 1.We participated in the formulation of a series of group standards andnational standards, such as the“General Principles for Quality ofHealthy Condiments (健 康 調 味 品 質 量 通 則)”and“IntelligentManufacturing in the Biotech Fermentation Industry (生 物 發 酵 行 業智能製造)”; 二、我們承擔省級重點研發計劃項目「基於桑椹提取和發酵技術的新型營養保健桑椹醋開發及產業化」被省科技廳組織專家進行會議驗收並予以通過； 2.Our“Development and Industrialization of Novel Nutritional MulberryVinegar Based on Mulberry Extraction and Fermentation Technology(基於桑椹提取和發酵技術的新型營養保健桑椹醋開發及產業化)”,a provincial key research and development project, was reviewed andapproved by a panel of experts organized by the Provincial Scienceand Technology Department; 三、我們全資附屬公司湖州老恒和釀造有限公司被全國高新技術企業認定管理工作領導小組辦公室批准為高新技術企業；及 3.Our wholly-owned subsidiary, Huzhou Laohenghe Brewery Co.,Limited* (湖州老恒和釀造有限公司), was approved as a High andNew Technology Enterprise by the National Office of Leading Groupfor Administration of High and New Technology EnterpriseRecognition* (全國高新技術企業認定管理工作領導小組辦公室);and 四、「老 恒 和 料 酒」品 牌 在《快 消 品 周 刊》中 獲 得2024年度線下料酒「2024料酒暢銷金品」稱號 及 在2 0 2 4年 線 下 銷 售 市 場 佔 有 率 為19.1%，連續8年蟬聯行業第一。 4.The“Lao Heng He Cooking Wine”brand was awarded the title of“2024 Cooking Wine Gold Best Seller”of offline cooking wine of 2024by Fast Moving Consumer Goods (FMCG) Weekly Magazine, and themarket share of the offline sales was 19.1% in 2024, ranking first forthe eighth consecutive year in the industry. CHAIRMAN’S STATEMENT主席報告 於 二 零 二 四 年，面 對 更 加 錯 綜 複 雜 的國際國內環境，中國經濟運行總體平穩、穩中有進。國內經濟環 境 呈 現 出 複 雜 多 變 的 態 勢，調 味 品行業競爭激烈，市場集中度不斷提高。大型企業憑藉品牌、研發 和 市 場 佔 有 率 佔 據 主 導 地 位、消 費者消費行為轉變、技術進步、價格內卷、環保意識增強正在加速 影 響 市 場 這 一 格 局，本 集 團 在 上 述日益嚴峻格局形勢下按照二零二四年召開「大抓項目年」會議精神，務求通過降本增效、提升生產效率、優化產品結構、加大促銷力度、拓展銷售渠道等多種方式增強市場競爭力促進產品的銷售增長。 In 2024, facing a more complex international and domestic environment,the overall economic operation of China remained stable with progress. Thedomestic economic environment presented a complex and ever-changingsituation with intense competition in the condiment industry and increasingmarket concentration. Large enterprises dominated the market with theirbrands, research and development and market share. Consumer behaviorchanges, technological advancements, price involution and growingenvironmental awareness a