中国金石2024年年报

Contents 2Corporate Information4Corporate Profile6Chairman’s Statement9Management Discussion and Analysis21Profile of Directors and Senior Management23Corporate Governance Report45Environmental, Social and Governance Report85Report of the Directors99Independent Auditor’s Report108Consolidated Statement of Profit or Loss and Other Comprehensive Income109Consolidated Statement of Financial Position111Consolidated Statement of Changes in Equity112Consolidated Statement of Cash Flows116Notes to the Consolidated Financial Statements204Summary of Financial Information CORPORATE INFORMATION BOARD OF DIRECTORS 202410 21 Executive DirectorsMr. Zheng Yonghui (resigned on 21 October 2024)Mr. Zhang WeijunMs. Zhang CuiweiMr. Zhang Mian 20253 5Andreas Varianos Independent Non-executive DirectorsMr. Yang Ruimin (resigned on 5 March 2025)Mr. Andreas VarianosMs. Zu Rui AUDIT COMMITTEE Andreas Varianos20253 5 Mr. Andreas Varianos(Chairman of Audit Committee)Mr. Yang Ruimin (resigned on 5 March 2025)Ms. Zu Rui REMUNERATION COMMITTEE 20253 5 Ms. Zu Rui(Chairman of Remuneration Committee)Mr. Yang Ruimin (resigned on 5 March 2025)Ms. Zhang Cuiwei NOMINATION COMMITTEE 20253 5 Mr. Yang Ruimin(Chairman of Nomination Committee)(resigned on 5 March 2025)Ms. Zhang CuiweiMs. Zu Rui AUTHORISED REPRESENTATIVES Ms. Zhang CuiweiMr. Cheung Wai Kee COMPANY SECRETARYMr. Cheung Wai Kee REGISTERED OFFICE Victoria Place,5th Floor31 Victoria StreetHamilton HM10Bermuda Victoria Place, 5th Floor31 Victoria StreetHamilton HM10Bermuda 2024 CORPORATE INFORMATION HEADQUARTERS OF BUSINESS IN THE PEOPLE’SREPUBLIC OF CHINA Zhangjiaba MineZhenjiang VillageXiangshui CountyJiangyou CitySichuan ProvinceThe People’s Republic of China PRINCIPAL PLACE OF BUSINESS IN HONG KONG Unit 14, 18/F., Seapower TowerConcordia PlazaNo. 1 Science Museum RoadKowloon, Hong Kong 11814 PRINCIPAL SHARE REGISTRAR AND TRANSFEROFFICE Ocorian Management (Berumda) LimitedVictoria Place, 5th Floor31 Victoria StreetHamilton HM10Bermuda Ocorian Management (Berumda) LimitedVictoria Place, 5th Floor31 Victoria StreetHamilton HM10Bermuda HONG KONG SHARE REGISTRAR Computershare Hong Kong Investor Services LimitedShops 1712-1716, 17th FloorHopewell Centre183 Queen’s Road EastWanchaiHong Kong 183171712-1716 PRINCIPAL BANKERS China Construction Bank (Asia) Corporation LimitedBank of Communications (Hong Kong) Limited AUDITORSConfucius International CPA Limited LEGAL ADVISER Seyfarth Shaw (as to Hong Kong law)Suites 3701 & 3708-3710, 37/F, Edinburgh TowerThe Landmark15 Queen’s Road CentralCentral, Hong Kong 15373701&3708-3710 STOCK CODE01380 01380 WEBSITE OF THE COMPANYwww.kingstonemining.com www.kingstonemining.com CORPORATE PROFILE 221961320168102011318 ChinaKingstone Mining Holdings Limited(the“Company”)wasincorporated as an exempted company with limited liability in theCayman Islands under the Company Law, Chapter 22 (Law 3 of1961, as consolidated and revised) of the Cayman Islands. TheCompany’sdomicile was changed to Bermuda by way of de-registration in the Cayman Islands and continuation as an exemptedcompany under the laws of Bermuda on 10 August 2016 (Bermudatime). The shares of the Company have been listed on the MainBoard of The Stock Exchange of Hong Kong Limited (the “StockExchange”) since 18 March 2011. 2 0 1 08202122120223720212212026221 TheCompany and its subsidiaries(the“Group”)are principallyengagedin the production and sales of marble slags in thePeople’s Republic of China (the “PRC” or “China”). The Group isamining operator,focusing on the mining of marble slags,andowns the largest beige marble mine, in China (in terms of marblereserves based on the certification issued by China Stone MaterialAssociationin August 2010), namely ZhangjiabaMine,which is located in Zhenjiang Village,Xiangshui County,Jiangyou City of Sichuan Province, China. The first mining permitof Zhangjiaba Mine expired on 21 February 2021. The renewedmining permit was issued on 7 March 2022 and is valid from 21February 2021 to 21 February 2026. +www.celeplate.co.uk TheGroup also engages in food brand business in the UnitedKingdom (the “UK”). The Group’s food brand business involves adelivery-onlyoperation with its own central kitchen for ready-to-cook meal kits for the food in various culinary recipes and it targetsthe customers who enjoy healthy and home-made meals with freshingredients.The Group carry out a click-and-mortar strategy byintegrating the online and offline operations. The Group operatesthe e-commence through an online webpage (www.celeplate.co.uk)for consumers and also sells the products to retailers and shops asoffline distribution channels. CORPORATE PROFILE RESOURCES AND RESERVES 20113 744,200,00038%16,800,000 Accordingto the competent person’s report dated 7 March2011,the Zhangjiaba Mine contains 44.2 million cubic metersofmeasured and indicated marble resources.The block rate isexpected to be 38% on the marble resources, which is equiv