中国旺旺2024/2025 年报

25710121314171938Directors and Senior ManagementReport of the DirectorsIndependent Auditor’s ReportConsolidated Balance SheetConsolidated Income StatementConsolidated Statement ofComprehensive IncomeConsolidated Statement ofChanges in EquityConsolidated Cash Flow StatementNotes to the Consolidated FinancialStatementsThe English text of this annual report shall prevail over theChinese text in case of any inconsistency. 6979100105107108109111113 Corporate InformationCorporate ProfileCorporate CultureSpirit of Want WantFinancial HighlightsFinancial SummaryMajor Awards and RecognitionChairman’s StatementManagement Discussion and AnalysisCorporate Governance Report Corporate InformationLEGAL NAME OF THE COMPANYWant Want China Holdings LimitedPLACE OF LISTING AND TRADING CODEThe Stock Exchange of Hong Kong LimitedStock code: 0151DIRECTORSExecutive DirectorsMr. Tsai Eng-Meng(Chairman and Chief Executive Officer)Mr. Tsai Shao-ChungMr. Tsai Wang-Chia(Chief Operating Officer)Mr. Huang Yung-Sung(Chief Marketing Officer)Mr. Chu Chi-Wen(Chief Financial Officer)Mr. Tsai Ming-HuiMs. Lai Hong YeeNon-executive DirectorsMr. Maki HaruoMr. Cheng Wen-HsienIndependent non-executive DirectorsDr. Pei KerweiMr. Hsieh Tien-JenMr. Lee Kwok MingMr. Pan Chih-ChiangMrs. Kong Ho Pui King, StellaCOMPANY SECRETARYMs. Lai Hong YeeAUDIT AND RISK MANAGEMENT COMMITTEEMr. Lee Kwok Ming(Chairman)Dr. Pei KerweiMr. Hsieh Tien-JenMr. Pan Chih-ChiangMrs. Kong Ho Pui King, StellaREMUNERATION COMMITTEEMr. Hsieh Tien-Jen(Chairman)Dr. Pei KerweiMr. Tsai Shao-ChungMr. Lee Kwok MingMr. Pan Chih-ChiangMrs. Kong Ho Pui King, Stella 0151執行董事非執行董事槇獨立非執行董事 • NOMINATION COMMITTEEDr. Pei Kerwei(Chairman)Mr. Tsai Shao-ChungMr. Hsieh Tien-JenMr. Lee Kwok MingMr. Pan Chih-ChiangMrs. Kong Ho Pui King, StellaSTRATEGY COMMITTEEMr. Tsai Eng-Meng(Chairman)Mr. Tsai Shao-ChungMr. Tsai Wang-ChiaMr. Huang Yung-SungMr. Chu Chi-WenMr. Tsai Ming-HuiMs. Lai Hong YeeDr. Pei KerweiMr. Hsieh Tien-JenMr. Lee Kwok MingMr. Pan Chih-ChiangMrs. Kong Ho Pui King, StellaENVIRONMENTAL, SOCIAL AND GOVERNANCECOMMITTEE (“ESG COMMITTEE”)Mr. Tsai Wang-Chia(Chairman)Mr. Chu Chi-WenDr. Pei KerweiMr. Lee Kwok MingMrs. Kong Ho Pui King, StellaMs. Cao Yong-MeiMr. Chen Chien-ChenMr. Shih Yi-ChangMr. Lee Ming-ChunAUDITORErnst & YoungCertified Public AccountantsRegistered Public Interest Entity AuditorLEGAL ADVISORSullivan & Cromwell (Hong Kong) LLPPRINCIPAL BANKSBank of China (Hong Kong) LimitedChina Merchants Bank Co., LimitedCitigroup Inc.CTBC Bank Co., Ltd, Hong Kong Branch ESG Corporate InformationAUTHORISED REPRESENTATIVESMr. Chu Chi-WenMs. Lai Hong YeeSHARE REGISTRAR AND TRANSFER OFFICEPrincipalSuntera (Cayman) LimitedSuite 3204, Unit 2ABlock 3, Building DP.O. Box 1586Gardenia CourtCamana BayGrand Cayman, KY1-1100Cayman IslandsHong Kong BranchComputershare Hong Kong Investor Services LimitedShops 1712-1716, 17th Floor, Hopewell Centre183 Queen’s Road East, WanchaiHong KongREGISTERED OFFICEMaples Corporate Services LimitedP.O. Box 309, Ugland HouseGrand Cayman, KY1-1104Cayman IslandsPRINCIPAL PLACE OF BUSINESS ANDADDRESS OF HEADQUARTERSUnits 07-08, 7th Floor, CTF Life TowerNo. 18 Sheung Yuet Road, Kowloon BayKowloon, Hong Kong400 Orchard Road#17-05 Orchard TowersSingapore 238875WEBSITEwww.want-want.comQUICK RESPONSE CODE 總處Suntera (Cayman) LimitedSuite 3204, Unit 2ABlock 3, Building DP.O. Box 1586Gardenia CourtCamana BayGrand Cayman, KY1-1100Cayman Islands香港分處183171712Maples Corporate Services LimitedP.O. Box 309, Ugland HouseGrand Cayman, KY1-1104Cayman Islands18707-08400 Orchard Road#17-05 Orchard TowersSingapore 238875www.want-want.com 1716 HISTORY AND DEVELOPMENT1962I Lan Foods Industrial Co., Ltd. (“I Lan Foods”) was established inMay 1962, which manufactured canned agricultural products mainlyfor export.1983In 1983, we collaborated with Iwatsuka Confectionery Co., Ltd.(“ICCL”), one of the leading Japanese rice cracker producers, tojointly develop the rice cracker market in Taiwan region. Since1983, we have been producing and marketing our products underthe “Want Want” brand.1989We introduced the “Want Want” brand in the Chinese Mainland in1989.1992We ventured into the Chinese Mainland and established our firstsubsidiary in Hunan province in 1992. In the following years, wegrew from a pure rice cracker company to a diversified food andbeverages company.1996In May 1996, Want Want Holdings Ltd. (“WWHL”), our subsidiary,was listed on the Main Board of Singapore Exchange SecuritiesTrading Limited (“SGX-ST”) and subsequently diversified into thehospital, hotel and property businesses and other investments.2007WWHL delisted from SGX-ST in September 2007 and conducteda group restructuring which involved (i) the incorporation of WantWant China Holdings Limited (the “Company”) as the new holdingcompany of our core operations related to the food and beveragesbusinesses; (ii) the divestment and transfer of the hospital, hoteland property businesses and other investments to San WantHoldings