(A joint stock limited company incorporated in the People’s Republic of China)Stock Code(於中華人民共和國註冊成立的股份有限公司)股票代號: 2355 2024 Annual Report 年報 OUR MISSION ConstructiontoManufacturing 268 477 679 880 1281 2983 4784 50175 54 22 5016100-A34518001 12151501 121008100004 H ESG 1617 (2355) 86 575 8413583786 575 84118792E-mailirbaoye@baoyegroup.com www.baoyegroup.com 86 575 84882990312028 1687312030 17-19209 202412312024123122,338,716,00015.6%409,907,00053.9%0.7953.3%202412310.12 412076662003 20236 5008 20242023Q53.9%202491996 2016 2024 20253 28 20231231337,000,00015.9%35.6%20242023818 202412 3122,338,716,000202326,479,305,00015.6%960,704,00020231,478,759,00035.0%409,907,0002023889,256,00053.9%0.7920231.6953.3% 202412310.12 20245.0% 2024· 202412 3114,135,006,00012%524,089,00015%2023 2024109.22023166.434.4% 42 435,792,00049%20242023 202412 315,269,450,00028% 202412 3128.7202331.2295,614 51,050,000650,000 42,96678,55120247416,000,00070%128-101.2 511,036,354262,86260%2017• 20247291,876,60014,09435,655.62616-17202532027 2022121,199,900,00045,582165,14497 648,000972,0005 2017954,220129,66520207,22020192111,947212 202212455,100,00073,405196,5962.02023112024 20225240,990,00076,5032.0 201811184,662,013336,776 20219565,000,00051%171,1091.8404,465 20195113,500,000AB46,888124,90720204107,120,000C42,007ABCC 2024992,867,39478,157132,8682026 •20216300,000,000111,955 202412 312,542,462,00010%27,321,0007,212,000479%38,432,000PC 2022371,613,000230.33235,284.80202430,470,000202412 31202438,432,00020252 202020233A 70% AAA202410.6%202339.1%51.7%202356.2%0.3%20230.7% 2024123181202412 312.32023 12 312.7 409,907,00053.9%54.9%3.3%202412 3149.1% i.24,485,0001,431,117,0001,455,602,000 iii.870,425,000465,917,0001,336,342,000 202415,226,000263,023,000278,249,00020249,919,000375,656,000365,737,00038,432,000 202414,828,00020234,637,000 20241231246,689,0002023340,983,000230,783,0002023340,883,000204,394,000 2024160,108,0002023201,276,00041,168,000 20241231230,783,000 2024755,619,000816,860,00061,241,00027,040,000 (a) 202412 31847,422,000202312 312,887,990,000 C1C.2.120236 16C.2.1 C1 C120241231 ESGESGESGESGESGESGESGESGESGESGESG 202412 31 C32024 11 2024 20246 1420246 142025 5052 202412 31111 C32024 39 14 420232024 2024 C.1.4C.1.4 3.103.10A D.1.1 202412 31 32 20241231 2024 20243 4ESGESG 3 C1 21 20241 21 20241 11 ESG 20236 16ESGESGESGESGESG ESGESGESGESGESG20241 68174 ESGESGESG 3.283.2915 ESG 20111H 10%10 5 1010% 5 9010% 13.51(2)77 17-19209 1687 20191 7 a.b.c.d.e.f.g.h. a. b.c. 202422024C32024 (www.baoyegroup.com) 202412 31 H 202412 31336XV23 1.29,304,000 H20175 29336 20246 14168720246 1420246 14 20246 142023H 20232 1420232 1720233 3120238 120236202312 31(i)(ii)20244 26 20244 11128,000H20247 520249 9 1957 1970•1987 19721989 196720085.121985 19761998 19681986 19776031532002 1963688469201710202311603095 1953 1967ESG 1969ESG00357.HK00867.HK201662022201589.HK202012021303380.HK2010201903900.HK200420101994200420 19782007 19581975 19661986 19832006 19681986 202412 31 10 2024 202412 317778 202412 3179 6 21 202412311,300,880,00020231,151,372,000 20253 28202412 310.122023 1. 20% 2.H H H202410%H H [1993]045[2011]348201935H2024HH •H10%10% •H10%10%HH •H10%20% •H20%20% ••• 202412 315 30% 5% 6 11,594,00020235,281,000 202412 3124 20246 14 20246 14 5053 39 39 3.133.13 202220236 162025 202412 31 202412 31 571XV(i)XV78(ii)XV352(iii) 18 202412 31520,628,053 2022H20244128,000HH0.075%0.025%560,760128,000H20247 520244 11 202412 31520,628,053350,742,053169,886,000H 202412 31 25% 2024 202412 31 202412316,172202312316,41361,695202312 3165,83620244,543,856,000 202412 3168.97%31.03%2024ESG C1 C1C.2.12023616C.2.1 202542024 20246 14 20255 1320256 13H20255 12430HH16171687312030 20256 2020256 24H20256 19HH16171687312030 20253 28 2024 2024 20253 28 77174 •••••• • •• 5(c)(i)4(a)5 (i) 202412 3114,135,006,00063% (ii) (iii) (iv) (v) 3.1(b)(ii)4(b)516(c) (i) 202412 316,897,890,0004,804,311,000749,442,000191,750,000 (ii) (iii) (iv) (v) 4(f)1415 (i) 202412316,903,082,0006,379,748,00029% 202412 31281,385,000 • • • (iv)202412 31 •••••• 1 2003630H 20253 28 2 2.1HKFRSHKCO 622 ••• 2.2 2 2.3 20241 1 1711520201677 2.4 202412 31 3 3.1 (a) (i) 20242023 2024202312 31 3 3.1 (i)5%5%5% (ii) 3 3.1 (a) (ii) 5%5% (iii) 202412 311%1,238,00020231,489,000 3 3.1 (b) 80% 3 3.1 (b) • • • • 3 3.1 (b) (i)202412 31 202312 31 1231 202412 31 3 3.1 (b) (ii) 9 2024202312 31 3 3.1 (b)(ii) 202412 31 (iii) 3 3.1 (b)(iv) (c) 3 3.1 (c) 3 3.2 2024202312 31 3.3 2024202312 319 3 3 3.3 •• 2024202312 31 (a)20233SRIBSG SRIBSG IPOSRIBSGSRIBSG31 3 4 (a) (b) (c) (d) 9 4 (e) (f) 5 ••• 5 5 5 (b) 5 (b) 5 (c) (i) ••• 5 (c) (i) (ii) 6 145,242,0002023170,781,00090,081,0002023118,330,000 202412 3122