远大中国年报2025

Contents Corporate Information2Financial Highlights5Corporate Culture & Mission6Chairman’s Statement7Management Discussion and Analysis10Directors and Senior Management25Corporate Governance Report30Report of the Board of Directors59Independent Auditor’s Report73Consolidated Statement of Profit or Loss84Consolidated Statement of Profit or Loss andOther Comprehensive Income85Consolidated Statement of Financial Position86Consolidated Statement of Changes in Equity88Consolidated Cash Flow Statement90Notes to the Consolidated Financial Statements92Five Year Financial Summary216 Corporate Information DIRECTORS 2025829 Executive DirectorsKang Baohua(Chairman)Zhao Zhongqiu(Chief executive officer)Wang HaoZhang Lei (resigned on 29 August 2025)Gao Kai Independent non-executive DirectorsYang QianwenWang YuhangHa Gang BOARD COMMITTEESAudit CommitteeYang Qianwen(Chairman)Wang YuhangHa Gang Nomination CommitteeKang Baohua(Chairman)Yang QianwenWang Yuhang Remuneration CommitteeZhao ZhongqiuYang Qianwen(Chairman)Ha Gang REGISTERED OFFICE Cricket SquareHutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands Cricket SquareHutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands Corporate Information HEADQUARTERS IN CHINA 1320110027 20, Street 13Shenyang Economic & Technological Development AreaShenyang 110027China PLACE OF BUSINESS IN HONG KONG 362911 Office 11, 9/FFortune Commercial Building362 Sha Tsui RoadTsuen Wan, New TerritoriesHong Kong AUTHORIZED REPRESENTATIVESZhao ZhongqiuYu Leung Fai, Philip(CPA (HKICPA, AICPA and ASCPA)) COMPANY SECRETARYYu Leung Fai, Philip(CPA (HKICPA, AICPA and ASCPA)) PRINCIPAL SHARE REGISTRAR Suntera (Cayman) LimitedSuite 3204, Unit 2ABlock 3, Building D, P.O. Box 1586Gardenia Court, Camana BayGrand Cayman, KY1-1100Cayman Islands Suntera (Cayman) LimitedSuite 3204, Unit 2ABlock 3, Building D, P.O. Box 1586Gardenia Court, Camana BayGrand Cayman, KY1-1100Cayman Islands 1617 HONG KONG SHARE REGISTRAR Tricor Investor Services Limited17/F, Far East Finance Centre,16 Harcourt Road,Hong Kong PLACE OF LISTINGThe Main Board of The Stock Exchange of Hong Kong Limited(the “Stock Exchange”) 2789 STOCK CODE2789 Corporate Information PRINCIPAL BANKERS Industrial and Commercial Bank of China Limited,Shenyang Yuhong SubbranchChina Development Bank Corporation, Liaoning BranchShengjing Bank, Shenyang Yuhong SubbranchChina Construction Bank Corporation, ShenyangShenhe SubbranchChina Zheshang Bank Co., Ltd., Shenyang BranchShenyang Rural Commercial Bank Co., Ltd., Hunnan SubbranchHuludao Rural Commercial Bank Co., Ltd., Longgang SubbranchIndustrial Bank Co., Ltd. Shenyang Changbai Subbranch AUDITORS 108 Public Interest Entity Auditor registered in accordance withthe Accounting and Financial Reporting Council Ordinance8th Floor, Prince’s Building10 Chater RoadCentral, Hong Kong LEGAL ADVISORSAs to Hong Kong lawRonald Tong & Co www.yuandacn.com WEBSITEwww.yuandacn.com Revenue(RMB million)Gross profit marginConsolidated net profit /(loss)(RMB million)Profit/(loss) attributable to equityshareholders of the Company(RMB million)Net cash generated from operatingactivities(RMB million)Basic and diluted earnings/(loss) pershare(RMB cents)Proposed final dividend per share(HKD cents) Corporate Culture & Mission OPERATION PHILOSOPHYTechnology leads marketsServices create value ENTERPRISE MOTTO To do things honestlyTo treat people sincerelyTo understand causes and resultsTo unify theory and practiceTo lead an honest and clean life CORPORATE MISSION For the countryFor the customersFor the employeesFor the shareholders MANAGEMENT CONCEPTS Sustainable DevelopmentCircular ImprovementStatistics AnalysisContinuous Improvement PRODUCT CONCEPTS ServiceQualityCost WEALTH CONCEPTSWealth means responsibility TALENT CONCEPTSJudging people on his performanceTalent comes first MARKETING CONCEPTSIdentify the needs of the customersCreate value for the customersProvide best services to the customers CULTURE CONCEPTS RespectCommunicateUnderstandIntegratePursue DEVELOPMENT STRATEGIES Independent BrandIndependent Intellectual PropertyIndependent Marketing Network 6YUANDA CHINA HOLDINGS LIMITEDAnnual Report 2025 Chairman’s Statement Dear shareholders, 20251231 O n b e h a l f o f t h e b o a rd ( t h e “B o a rd” ) o f d i re c t o r s ( t h e“D i r e c t o r s” )o f Yu a n d a C h i n a H o l d i n g s L i m i t e d( t h e“Company”), together with its subsidiaries (collectively referredto as the “Group” or “Yuanda China”), I hereby present toyou the Group’s annual report for the year ended 31 December2025 (the “Reporting Period”). 202520252025140.195.0% In 2025, the global economy continued to struggle to recoverwithin a complex and volatile environment. Although inflationarypressures in major economies have eased and expectations ofa shift toward accommodative monetary policy have emerged,factors such as geopolitical conflicts, increased uncertaintysurrounding trad