Annual Report 18.80 Million Passengers

Total Page:16

File Type:pdf, Size:1020Kb

Annual Report 18.80 Million Passengers 萬人次 18.80 million passengers 2016 Annual Report 年報 A joint stock company incorporated in the People's Republic of China with limited liability │ 於中華人民共和國註冊成立之股份有限公司 │ Stock Code 股份代號 : 0357 SHINING PEARL ON THE MARITIME SILK ROAD 「海上絲綢之路」上的 閃亮明珠 Haikou Meilan International Airport 海口美蘭國際機場 A gateway from South China to the World 南中國通往世界的門戶 A green airport striving for excellence on ecological and 對於生態和環境保護精益求精的綠色機場 environmental protection An airport aiming to provide considerate services and meticulous 致力於至精至美的細微服務,對旅客關懷備至的機場 care to customers An airport full of vitality, standing out conspicuously on the 航權開放日益深入,在世界舞台上嶄露頭角、充滿活力的機場 world stage thanks to the further opening up of traffic rights An airport listed on the Main Board of SEHK (0357.HK) 香港聯合交易所有限公司主板上市(0357.HK) Terminal: The domestic terminal of Meilan Airport, designed by B+H Architects 航站樓:美蘭機場國內航站樓由加拿大B+H國際建築師事務所設 International LLC of Canada, was completed in 1999 and has completed 計,1999年建成,2005年完成續建工程;國際航站樓由中國民 continued construction in 2005; the international terminal, designed by the 航設計院設計,2013年建設,主要設施達到當今國內先進水平。 China Civil Aviation Institute, was built in 2013 with domestically first-class main facilities in China. Air traffic control tower: 70.34 meters high; various navigation and remote 航管塔:高70.34米,為通訊導航設置的多普勒氣象雷達及氣象 control systems configured for communication and navigation, including the 自動觀測系統、高低功率測距儀、多普勒全向信標等導航遙控 Doppler weather radar, the automated meteorological observation system, 系統均引自國外,達到當今國際先進水平。 the high and low power ranger, the Doppler Omni-directional Range, are all imported from abroad and reach internationally advanced level. The road system: Main facilities are designed according to the technical 路道系統:主要設施按滿足波音747-400等大型飛機全重起降的 requirements regarding maximum gross take-off and landing for large aircrafts 技術要求設計。 such as Boeing 747-400. 目錄 CONTENTS 2 Corporate Mission 企業使命 2 Corporate Background 公司簡介 3 Corporate Information 公司資料 6 Financial Highlights 財務摘要 10 Chairman's Statement 主席報告 24 Management Discussion and Analysis 管理層討論及分析 48 Corporate Governance Report 企業管治報告 112 Directors, Supervisors and Senior Management 董事、監事及高級管理層簡介 124 Report of the Board 董事會報告 156 Report of Supervisory Committee 監事會報告 159 Auditor’s Report 審計報告 167 Consolidated and Company Balance Sheet 合併及公司資產負債表 169 Consolidated and Company Income Statements 合併及公司利潤表 171 Consolidated and Company Cash Flow Statements 合併及公司現金流量表 173 Consolidated Statement of Changes in Shareholders’ Equity 合併股東權益變動表 174 Company Statement of Changes in Shareholders’ Equity 公司股東權益變動表 175 Notes to the Financial Statements 財務報表附註 CORPORATE MISSION 企業使命 To be a successful regional airport management company in China, and 矢志成為國內成功的區域性機場管理公司,提供優質 offer quality and safe airport services. Striving to become an investment 及安全的機場服務。並於未來致力於發展成為以資產 management group focusing on asset management by integrating investment 管理為核心,投資與開發相結合,輔以商業、機場的 with development, operating under segments such as commercial and airport, 類金融支持,形成戰略互補、產業鏈集群的投資管理 complementing development with sound strategies and maintaining good 集團。 industrial clusters. CORPORATE BACKGROUND 公司簡介 HNA Infrastructure Company Limited* (the “Meilan Airport” or the 海航基礎股份有限公司(「美蘭機場」或「 本公司」或 “Company”) is a joint stock Company incorporated in the People’s Republic of 「公司」)於二零零零年十二月二十八日在中華人民共 China (“PRC” or “China”) with limited liability on 28 December 2000. The H 和 國 (「 中國」)註冊成立為股份有限公司,於二零零二 shares of the Company were issued and listed on the Main Board (the “Main 年十一月十八日發行H股並在香港聯合交易所有限公司 Board”) of The Stock Exchange of Hong Kong Limited (the “Hong Kong Stock (「 香港聯交所」) 主 板 (「 主板」)上市。於二零零三年十 Exchange”) on 18 November 2002. On 6 November 2003, the Company was 一月六日,本公司經中國商務部(「商務部」)批准,成 approved by the Ministry of Commerce (“MOC”) of the PRC to convert into a 為一家外商投資股份有限公司。於二零一五年三月二 foreign invested joint stock company. The Company has changed its name from 日起正式由「海南美蘭國際機場股份有限公司」更名為 “Hainan Meilan International Airport Company Limited” to “HNA Infrastructure 「海航基礎股份有限公司」。 Company Limited”, with effect from 2 March 2015. The Company and its subsidiaries (together, the “Group”) are currently 目前本公司及其子公司(合稱「本集團」)經營中國海南 engaged in both aeronautical and non-aeronautical businesses at Meilan 省海口市美蘭機場內的航空及非航空業務,航空業務 Airport, Haikou, Hainan Province, the PRC. The aeronautical businesses of the 主要包括提供航站樓設施、地勤服務以及旅客服務; Company mainly consist of the provision of terminal facilities, ground handling 非航空業務則主要包括出租美蘭機場的商業及零售鋪 services and passenger services. The non-aeronautical businesses of the 位、機場相關業務特許經營、廣告位、停車場、貨物 Company mainly include the leasing of commercial and retail spaces at Meilan 處理及出售消費品。 Airport, franchising of airport related business, advertising, car parking, cargo handling and sales of consumable goods. Major awards of the Company in 2016 were as follows: 二零一六年本公司獲得之主要榮譽如下: • The West Gallery of Meilan Airport gained “SKYTRAX Five-Star Recognition” • 美蘭機場西指廊獲「SKYTRAX五星認證」 • “SKYTRAX China Regional Best Staff Award” • 「SKYTRAX中國區最佳員工獎」 • “SKYTRAX Best Regional Airport in China Finalist” • 「SKYTRAX中國區最佳區域機場入圍獎」 • The 6th Airport Construction Summit awarded “Green and Efficiency • 第六屆機場建設發展國際峰會授予「綠色高效機 Airport Award” 場獎」 • Reelected “International Sanitary Airport” honorary title • 蟬聯「國際衛生機場」榮譽稱號 • Won the first place of the 2016 ASQ Award for “Best Airport by Size 15- • 2016年度全球最佳機場1,500-2,500萬規模組ASQ 25 Million Passengers” 旅客滿意度第一名 HNA INFRASTRUCTURE COMPANY LIMITED 2 Annual Report 2016 CORPORATE INFORMATION 公司資料 NAME IN CHINESE 中文名稱 海航基礎股份有限公司 海航基礎股份有限公司 NAME IN ENGLISH 英文名稱 HNA Infrastructure Company Limited HNA Infrastructure Company Limited CORPORATE WEBSITE 公司網址 www.mlairport.com www.mlairport.com EXECUTIVE DIRECTORS 執行董事 Wang Zhen, Chairman 王 貞,董事長 Yang Xiaobin, President 楊小濱,總裁 Zhou Feng 周 鋒 Liu Shanbin 劉善斌 NON-EXECUTIVE DIRECTORS 非執行董事 Hu Wentai, Vice Chairman 胡文泰,副董事長 Chan Nap Kee, Joseph 陳立基 Yan Xiang 燕 翔 INDEPENDENT NON-EXECUTIVE DIRECTORS 獨立非執行董事 Deng Tianlin 鄧天林 Fung Ching, Simon 馮 征 George F Meng 孟繁臣 He Linji 何霖吉 SUPERVISORS 監事 Dong Guiguo, Chairman 董桂國,主席 Zhang Shusheng 張述聖 Han Aimin 韓愛民 COMPANY SECRETARY 公司秘書 Xing Zhoujin 邢周金 AUTHORISED REPRESENTATIVES 授權代表 Wang Zhen 王 貞 Xing Zhoujin 邢周金 海航基礎股份有限公司 二零一六年年報 3 CORPORATE INFORMATION 公司資料 AUDIT COMMITTEE 審核委員會 Deng Tianlin, Committee Chairman 鄧天林,委員會主席 Fung Ching, Simon 馮 征 George F Meng 孟繁臣 REMUNERATION COMMITTEE 薪酬委員會 Deng Tianlin, Committee Chairman 鄧天林,委員會主席 Fung Ching, Simon 馮 征 Zhou Feng 周 鋒 NOMINATION COMMITTEE 提名委員會 He Linji, Committee Chairman 何霖吉,委員會主席 Deng Tianlin 鄧天林 Wang Zhen 王 貞 STRATEGIC COMMITTEE 戰略委員會 Fung Ching, Simon, Committee Chairman 馮 征,委員會主席 Deng Tianlin 鄧天林 He Linji 何霖吉 Wang Zhen 王 貞 Hu Wentai 胡文泰 LEGAL ADDRESS AND HEAD OFFICE 法定地址及總辦事處 Office Building of Meilan Airport 中國海南省 Haikou City 海口市 Hainan Province, the PRC 美蘭機場辦公樓 PLACE OF BUSINESS IN HONG KONG 香港營業地點 Suites 5811-5814, 58/F 香港 Two International Finance Centre 中環 No. 8 Finance Street, Central 金融街8號 Hong Kong 國際金融中心2期58樓5811-5814室 LEGAL ADVISER AS TO HONG KONG LAW 法律顧問(香港法律) Luk & Partners 陸繼鏘律師事務所 Unit 2001, One International Finance Centre 香港中環 1 Harbour View Street 港景街1號 Central, Hong Kong 國際金融中心一期20樓2001室 HNA INFRASTRUCTURE COMPANY LIMITED 4 Annual Report 2016 CORPORATE INFORMATION 公司資料 AUDITOR 核數師 PricewaterhouseCoopers Zhong Tian LLP 普華永道中天會計師事務所 11/F PricewaterhouseCoopers Center (特殊普通合伙) 2 Corporate Avenue, 202 Hu Bin Road 中國上海市 Huangpu District 黃浦區湖濱路202號企業天地2號樓 Shanghai China 普華永道中心11樓 PRINCIPAL BANKER 主要往來銀行 Bank of China, Hainan Province Branch 中國銀行海南省分行 Haikou Jinyu Sub-branch 海口金宇支行 1/F, Yazhuang Garden 中國海南省 82 Haixiu Central Road 海口市 Haikou City 海秀中路82號 Hainan Province, the PRC 雅莊花園一樓 China Everbright Bank 中國光大銀行 Haikou Yingbin Sub-branch 海口迎賓支行 1/F Longquan Garden 中國海南省 56 Longkun South Road 海口市 Haikou City 龍昆南路56號 Hainan Province, the PRC 龍泉花園首層 H SHARE REGISTRAR AND TRANSFER OFFICE H股過戶登記處 Computershare Hong Kong Investor Services Limited 香港中央證券登記有限公司 Rooms 1712-1716 香港灣仔 17th Floor Hopewell Centre 皇后大道東183號 183 Queen’s Road East 合和中心17樓 Wanchai, Hong Kong 1712-1716室 STOCK CODE 股票代碼 00357 00357 海航基礎股份有限公司 二零一六年年報 5 FINANCIAL HIGHLIGHTS 財務摘要 TWO-YEAR COMPARISON OF KEY FINANCIAL FIGURES 兩年主要財務資料比較 For the year ended 31 December 截至十二月三十一日止年度 (RMB’000) 2016 2015 Change (人民幣千元) 二零一六年 二零一五年 變動 Revenue 收入 1,208,710 1,063,431 13.66% Gross profit 毛利 731,240 636,982 14.80% Net profit attributable to 歸屬於本公司 shareholders of the Company 股東利潤 392,942 438,771 -10.44% Earnings per share – basic (RMB) 每股盈利-基本(人民幣元) 0.83 0.93 -10.75% Net cash generated from operating activities 營運活動產生的淨現金 968,633 434,341 123.01% Current ratio 流動比率 0.71 0.92 -22.83% Asset-liability ratio 資產負債率 54.52% 53.30% 1.22% EBITDA EBITDA 784,941 756,542 3.75% Revenue (RMB’000) Gross profit (RMB’000) 收入(人民幣千元) 毛利(人民幣千元) 2015 1,063,431 2015 636,982 2016 1,208,710 2016 731,240 HNA INFRASTRUCTURE COMPANY LIMITED 6 Annual Report 2016 FINANCIAL HIGHLIGHTS 財務摘要 FIVE-YEAR SUMMARY OF FINANCIAL PERFORMANCE 五年財務表現概要 For the year ended 31 December 截至十二月三十一日止年度 (RMB’000) 2016 2015 2014 2013 2012 (人民幣千元) 二零一六年 二零一五年 二零一四年 二零一三年 二零一二年 Revenue 收入 1,208,710 1,063,431 882,013 760,277 684,069 Net profit attributable to 歸屬於本公司 shareholders of the Company 股東利潤 392,942 438,771 333,869 342,034 297,963 EBITDA EBITDA 784,941 756,542 595,435 527,880 467,822 FIVE-YEAR SUMMARY OF FINANCIAL POSITION 五年財務狀況概要 For the year ended 31 December 截至十二月三十一日止年度 (RMB’000) 2016 2015 2014 2013 2012 (人民幣千元) 二零一六年 二零一五年 二零一四年 二零一三年 二零一二年 Total assets 總資產 8,195,831 6,962,243 5,721,747 5,667,229 3,867,245 Total liabilities 總負債 4,468,163 3,710,852 2,830,393 2,997,886
Recommended publications
  • AVIC AG600 "Kunlong"
    This production list is presented to you by the editorial team of "Soviet Transports" - current to the beginning of January 2021. Additions and corrections are welcome at [email protected] AVIC AG600 "Kunlong" The AG600 (Jiaolong 600) is a large amphibian powered by four Zhuzhou WJ6 turboprop engines. Development started in 2009 and construction of the prototype in 2014. The first flight took place on 24 December 2017. The aircraft can be used for fire-fighting (it can collect 12 tonnes of water in 20 seconds) and SAR, but also for transport (carrying 50 passengers over up to 5,000 km). The latter capability could give the type strategic value in the South China Sea, which has been subject to various territorial disputes. According to Chinese sources, there were already 17 orders for the type by early 2015. AG600 built by Zhuhai Yanzhou Aircraft Corporation (ZYAC) at Zhuhai from 2016 --- 'B-002A' AG600 AVIC ph. nov20 a full-scale mock-up; in white c/s with dark blue trim and grey belly, titles in Chinese only; displayed in the Jingmen Aviator Town (N30.984289 E112.087750), seen nov20 --- --- AG600 AVIC static test airframe 001 no reg AG600 AVIC r/o 23jul16 the first prototype; production started in 2014, mid-fuselage section completed 29dec14 and nose section completed 17mar15; in primer B-002A AG600 AVIC ZUH 30oct16 in white c/s with dark blue trim and grey belly, titles in Chinese only; f/f 24dec17; f/f from water 20oct18; 172 flights with 308 hours by may20; performed its first landing and take-off on the sea near Qingdao 26jul20 AVIC HO300 The HO300 (Seagull 300) is an amphibian with either four or six seats.
    [Show full text]
  • 瑞港國際機場集團股份有限公司 Regal International Airport
    Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. 瑞港國際機場集團股份有限公司 Regal International Airport Group Company Limited* (A joint stock company incorporated in the People’s Republic of China with limited liability) (Stock code: 357) INTERIM RESULTS ANNOUNCEMENT AS OF 30 JUNE 2018 FINANCIAL HIGHLIGHTS — Total revenue was RMB926.34 million (for the six months ended 30 June 2017: RMB738.06 million) — Revenue from aeronautical business was RMB487.27 million (for the six months ended 30 June 2017: RMB420.74 million) — Revenue from non-aeronautical business was RMB439.07 million (for the six months ended 30 June 2017: RMB317.32 million) — Net profit attributable to shareholders was RMB371.84 million (for the six months ended 30 June 2017: RMB312.86 million) — Earnings per share was RMB0.79 (for the six months ended 30 June 2017: RMB0.66) BUSINESS HIGHLIGHTS — The passenger throughput recorded 12.3459 million (for the six months ended 30 June 2017: 11.4516 million) — Aircraft takeoff and landing reached 83,103 times (for the six months ended 30 June 2017: 79,111 times) — Cargo throughput was 179,308.30 tons (for the six months ended 30 June 2017: 161,999.30 tons) * For identification purposes only —1— RESULTS The board of directors (the “Directors”) of Regal International Airport Group Company Limited (formerly HNA Infrastructure Company Limited) (the “Company” or “Meilan Airport”) (the “Board”) is pleased to announce the unaudited financial position and operating results of the Company and its subsidiaries (the “Group”) for the six months ended 30 June 2018, which have been reviewed by the audit committee of the Company (the “Audit Committee”), together with the comparative figures for the corresponding period of 2017.
    [Show full text]
  • Annual Report 2019 年報 Contents
    ANNUAL REPORT 2019 年報 CONTENTS 1. IMPORTANT NOTICE . 2 2. CORPORATE PROFILE . 5 3. SUMMARY OF ACCOUNTING DATA AND FINANCIAL INDICATORS ................... 7 4. REPORT OF THE DIRECTORS....................................................... 11 5. DISCUSSION AND ANALYSIS OF BUSINESS CONDITION . 23 6. IMPORTANT MATTERS . 40 7. CHANGES IN EQUITY AND SHAREHOLDING OF SHAREHOLDERS ..................... 57 8. DIRECTORS, SUPERVISORS, SENIOR MANAGEMENT AND EMPLOYEES ............... 61 9. CORPORATE GOVERNANCE AND CORPORATE GOVERNANCE REPORT . 72 10. FINANCIAL REPORT ............................................................. 93 11. SUMMARY OF RESULTS, ASSETS AND LIABILITIES OF THE GROUP................... 407 12. LIST OF DOCUMENTS AVAILABLE FOR INSPECTION ............................... 409 Northeast Electric Development Co., Ltd. 1 Annual Report 2019 IMPORTANT NOTICE 1.1 The Board, Supervisory Committee, Directors, Supervisors and senior management of the Company hereby confirm that there are no false representations, misleading statements or material omissions contained in this report, and they, severally and jointly, accept full responsibility for the truthfulness, accuracy and completeness of the contents of this report. 1.2 The Company’s Chairman, Zhu Jie, Chief Financial Officer, Wang Kai and Chief Accounting Officer, Xing Liwen hereby represent: guaranteeing the truthfulness, accurateness and integrity of the financial report of the Annual Report. 1.3 All Directors attended the Board meeting in person to consider and approve this report. 1.4 This report has been considered and approved by the fourteenth meeting of the 9th Board convened on 29 April 2020. The Audit Committee of the Board has reviewed and confirmed the Company’s financial report for 2019. 1.5 The Company’s annual financial report is prepared under the PRC GAAP and the International Financial Reporting Standards (“IFRS”).
    [Show full text]
  • For Personal Use Only 603 Page 1/3 15 July 2001
    For personal use only 603 page 1/3 15 July 2001 Form 603 Corporations Act 2001 Section 671B Notice of initial substantial holder To Company Name/Scheme Virgin Australia Holdings Ltd ACN/ARSN 100686226 1. Details of substantial holder (1) Name HNA Tourism Group Co., Ltd (海航旅业集团有限公司) and each of the other entities set out at Annexure A. ACN/ARSN (if applicable) This notice is given by HNA Tourism Group Co., Ltd (海航旅业集团有限公司)on behalf of itself and each of the other entities named in the list of 1 pages annexed to this notice and marked A. The holder became a substantial holder on 23/06/2016 – 14/08/2017 1 2. Details of voting power The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in on the date the substantial holder became a substantial holder are as follows: Class of Number of securities Person’s votes (5) Voting power (6) securities (4) ORD 1,676,736,791 1,676,736,791 19.82% 3. Details of relevant interests The nature of the relevant interest the substantial holder or an associate had in the following voting securities on the date the substantial holder became a substantial holder are as follows: Holder of relevant interest Nature of relevant interest (7) Class and number of securities HNA Tourism (International) Investment Group Co., Ltd. acquired 60% of the issued capital of HNA Innovation Ventures (Hong Kong) Co., Limited on 14 August 2017 due to internal HNA Tourism (International) Investment restructuring (as described further at Annexure ORD 1,676,736,791 Group Co., Ltd.
    [Show full text]
  • 航协号 公司英文名称 1 08010026 Shishi Qiaolian Travel
    航协号 公司英文名称 到帐日期 1 08010026 SHISHI QIAOLIAN TRAVEL & 2016.11.17 2 08010424 SHANGHAI INTERNATIONAL 2016.11.25 3 08010564 GUILIN GUIKANG TICKETS CO LTD 2016.11.25 4 08010704 CIXI XUNDA AIR TICKETS CO., LT 2016.11.15 5 08010811 FUJIAN KANGTAI INTERNATIONAL 2016.11.16 6 08010833 LIAN JIANG AIRLINE 2016.11.18 7 08011290 FUZHOU JINYUN HANGKONG HANGYUN 2016.11.16 8 08011441 LIAONING JIANTONG AIR SERVICE 2016.11.17 9 08011474 BEIJING ZI LANG AIR 2016.11.22 10 08011824 BEIJING ZHAORI AVIATION 2016.11.14 11 08011850 SUCCESSFUL AIR AGENCY 2016.11.16 12 08012336 HANDAN NEW CENTURY 2016.11.15 13 08012384 BEIJINGRUIFENG XINCHENG AIR 2016.11.25 14 08012572 GUANGZHOU JIAOYIHUI INTL 2016.11.17 15 08012992 FUJIAN CHANGLE XIANGYU 2016.11.17 16 08013036 BEIJING ANZHEN AVIATION SERVIC 2016.11.23 17 08013062 HAINAN HAICHENG AIR TOUR SERVI 2016.11.17 18 08013110 BEIJING ZIGUANGGE AIR 2016.11.17 19 08013342 SHENYANG YONGLIANG AIR 2016.11.16 20 08013375 DALIAN E & T DEVELOPMENT 2016.11.25 21 08013390 BEIJING MINHUI AIR SERVICE 2016.11.21 22 08013563 TAIYUAN TIANCHENG AIR 2016.11.25 23 08013596 GANSU JINQIAO AIR SERVICE 2016.11.16 24 08013600 SHENYANG YUNTONG AIR SERVICE 2016.11.17 25 08013736 ZHONGSHAN JIAOTONG YUNSHU 2016.11.16 26 08013913 BEIJING SHUNXIANG AIR SERVICE 2016.11.25 27 08014005 SHENYANG ZHANQIAN AIR SERVICE 2016.11.23 28 08014204 GUILIN JIQI GROUP CO. LTD. AIR 2016.11.25 29 08014215 WAFANGDIAN SHUNDA AIR SERVICE 2016.11.16 30 08014322 BEIJING YONGAN BUSINESS CO,.LT 2016.11.16 31 08014506 YANGJIANG XINBAIYUN AIR TICKET 2016.11.17 32 08014602 XINGPING AIR TICKETS 2016.11.25 33 08014661 SHANTOU FENGYUAN SERVICE CO.
    [Show full text]
  • Policy Implications for Disaster Risk Reduction
    MEASURING SOCIAL VULNERABILITY OF CHINESE COASTAL COUNTIES TO NATURAL HAZARDS by Chunjing Liu A thesis submitted to the Faculty of the University of Delaware in partial fulfillment of the requirements for the degree of Master of Science in Disaster Science and Management Spring 2014 © 2014 Chunjing Liu All Rights Reserved UMI Number: 1562400 All rights reserved INFORMATION TO ALL USERS The quality of this reproduction is dependent upon the quality of the copy submitted. In the unlikely event that the author did not send a complete manuscript and there are missing pages, these will be noted. Also, if material had to be removed, a note will indicate the deletion. UMI 1562400 Published by ProQuest LLC (2014). Copyright in the Dissertation held by the Author. Microform Edition © ProQuest LLC. All rights reserved. This work is protected against unauthorized copying under Title 17, United States Code ProQuest LLC. 789 East Eisenhower Parkway P.O. Box 1346 Ann Arbor, MI 48106 - 1346 MEASURING SOCIAL VULNERABILITY OF CHINESE COASTAL COUNTIES TO NATURAL HAZARDS by Chunjing Liu Approved: __________________________________________________________ James Corbett, Ph.D. Professor in charge of thesis on behalf of the Advisory Committee Approved: __________________________________________________________ Maria Aristigueta, D.P.A Director of the School of Public Policy and Administration Approved: __________________________________________________________ George Watson, Ph.D. Dean of the College of Arts and Sciences Approved: __________________________________________________________ James G. Richards, Ph.D. Vice Provost for Graduate and Professional Education ACKNOWLEDGMENTS I would like to take a moment to express my appreciation for all those people who have made my research and this degree possible. I would like to express my deep appreciation to Dr.
    [Show full text]
  • Annual Report 2020 年報 Contents
    ANNUAL REPORT 2020 年報 CONTENTS 1. IMPORTANT NOTICE . 2 2. CORPORATE PROFILE . 6 3. SUMMARY OF ACCOUNTING DATA AND FINANCIAL INDICATORS ................... 8 4. REPORT OF THE DIRECTORS....................................................... 12 5. DISCUSSION AND ANALYSIS OF BUSINESS CONDITION . 29 6. IMPORTANT MATTERS . 48 7. CHANGES IN EQUITY AND SHAREHOLDING OF SHAREHOLDERS ..................... 68 8. DIRECTORS, SUPERVISORS, SENIOR MANAGEMENT AND EMPLOYEES ............... 72 9. CORPORATE GOVERNANCE AND CORPORATE GOVERNANCE REPORT . 83 10. AUDITORS’ REPORT ............................................................. 104 11. SUMMARY OF RESULTS, ASSETS AND LIABILITIES OF THE GROUP................... 425 12. LIST OF DOCUMENTS AVAILABLE FOR INSPECTION ............................... 427 Northeast Electric Development Co., Ltd. 1 Annual Report 2020 IMPORTANT NOTICE 1.1 The Board, Supervisory Committee, Directors, Supervisors and senior management of the Company hereby confirm that there are no false representations, misleading statements or material omissions contained in this report, and they, severally and jointly, accept full responsibility for the truthfulness, accuracy and completeness of the contents of this report. 1.2 The Company’s Chairman, Zhu Jie, and Chief Accounting Officer and Chief Financial Officer, Wang Kai hereby represent: guaranteeing the truthfulness, accurateness and integrity of the financial report of the Annual Report. 1.3 All Directors attended the Board meeting in person to consider and approve this report. 1.4 This report has been considered and approved by the twentieth meeting of the 9th Board convened on 29 March 2021. The Audit Committee of the Board has reviewed and confirmed the Company’s financial report for 2020. 1.5 The Company’s annual financial report is prepared under the PRC GAAP and the International Financial Reporting Standards (“IFRS”).
    [Show full text]
  • Marriott Hotels – Spend S$500 Or More and Get S$150 Back for First 15,000 Successfully Registered American Express® Card Members (1 November 2018 – 31 January 2019)
    Marriott Hotels – Spend S$500 or more and get S$150 back for first 15,000 successfully registered American Express® Card Members (1 November 2018 – 31 January 2019) Participating Hotels Country Property Name China Aloft Beijing, Haidian China Aloft Nanhai, Foshan China Aloft Dalian China Aloft Yancheng China Aloft Dongguan Songshan Lake China Aloft Haiyang China Aloft Guangzhou Tianhe China Aloft Guangzhou University Park China The Shanhaitian Resort Sanya, Autograph Collection China Bulgari Hotel Beijing China Bulgari Hotel, Shanghai China Courtyard Beijing Northeast China Courtyard Shanghai Fengxian China Courtyard Shanghai Xujiahui China Courtyard Hangzhou Wulin China Courtyard Shanghai Central China Courtyard Suzhou China Courtyard Kunshan China Courtyard Shanghai Jiading China Courtyard Shanghai-Pudong China Courtyard Hangzhou Qianjiang China Courtyard Boluo China Courtyard Zhengzhou Airport China Courtyard Shanghai Hongqiao China Courtyard Tianjin Hongqiao China Courtyard Changsha South China Courtyard Shunde Longjiang China Courtyard Xi'an North China Courtyard Shanghai Changfeng Park China Courtyard Shenzhen Bao'an China Courtyard Xinchang China Courtyard Shanghai International Tourism and Resorts Zone China Delta Hotels Shanghai Baoshan China The Waterhouse at South Bund, Shanghai, a Member of Design Hotels™ China The Sanya EDITION China The Shanghai EDITION China Element Suzhou Science and Technology Town China Element Foshan Nanhai China Fairfield by Marriott Nanning Nanhu Park China Fairfield by Marriott Shanghai Jingan American
    [Show full text]
  • Hainan-En-0419.Pdf
    Cities and counties Real estate investment Sustainable development Incentives 2021 Hainan A NEW JOURNEY Hainan – Reimagined Starting in 2018, Hainan began its journey to Hainan’s economy is expected to exceed become a free trade port and a key gateway RMB2 trillion by 2035. An important node in to the Pacific and Indian Oceans. The island China’s Belt and Road Initiative, the Hainan province’s unique location, taxation and Free Trade Port (FTP) status is not only to system advantages will bring unprecedented help boost the island’s economic development development opportunities for Hainan. but also to help direct future reforms for the According to the 14th Five Year Plan, Hainan Chinese mainland. will target annual economic growth of over 10% per annum and an urbanisation rate of Significant changes are also afoot for Hainan’s over 65% by 2025. Haikou and Sanya will be real estate market. Residential policies look to the key drivers of growth, accounting for 60% curb speculative demand but support end-use of the province’s population and 70% of its demand. The land market looks to augment GDP. commercial and industrial development, bringing with it more opportunities but also As the economic makeup evolves and is more competition. Developers should pay optimised, modern services and hi-tech heed to long-term policy goals and changes industries are expected to take a leading and seize upon opportunities after thorough role in future growth, reaching RMB350 due diligence. and RMB150 billion by 2025, respectively. Meanwhile, scientific and technological breakthroughs are expected to be made in the agriculture, marine and aviation sectors.
    [Show full text]
  • Content of the Report
    Country: China Content of the report Part 1: Authors of the report p. 2 Background to the report p. 3 Research Questions p. 3 Responses to Research Questions p. 3 Declaration p.14 Key passage excerpts p. 15 Part 2: Index of full documents p.78 Full documents (in reverse chronological order) p.80 1 Part 1: Authors of the Report: Asylum Research Centre (ARC) Foundation was set up as a charitable incorporated organisation in 2016 to take forward the work of Asylum Research Centre established in 2010 (formerly Asylum Research Consultancy). ARC Foundation provides country reports to support individual asylum claims for use in representations to the UK Home Office, the UK Immigration and Asylum Chambers and to international refugee decision making bodies. In AK, the Tribunal determined that “there may be a useful role in country guidance cases for reports by COI (Country of Origin) analysts/consultants” such as ARC (headnote A (iv) and para. 178) and considered that ARC consultants have the “relevant skills and experience to undertake this work” (para. 178). ARC has been commissioned to provide published COI reports on over 27 countries (available on our website) and for the following Country Guidance (CG) cases: AAR & AA (Non-Arab Darfuris - return) Sudan [2019] UKUT 282 (IAC) (7 August 2019) BA (Returns to Baghdad Iraq CG) [2017] UKUT 18 (IAC) (23 January 2017) CM (EM country guidance; disclosure) Zimbabwe CG [2013] UKUT 59 (IAC) (31 January 2013) HM and others (Article 15(c)) Iraq CG [2012] UKUT 00409(IAC) (13 November 2012) AK (Article
    [Show full text]
  • 2021 Hainan Free Trade Port Investment Guide
    photo by meng mingzhu CONTENTS Hainan is China’s largest special economic zone (SEZ), at the 30th anniversary of the establishment of the the largest pilot free trade zone and the only free trade Hainan Province and Hainan SEZ on April 13, 2018 that port with Chinese characteristics. The building of a free the Party Central Committee decided to support Hainan trade port with Chinese characteristics in Hainan is a to build the pilot free trade zone, gradually explore and major initiative planned, guided, and promoted by Gener- steadily promote the construction of free trade port with al Secretary Xi Jinping in the reform and opening-up Chinese characteristics as well as formulate free trade strategy, and a strategic decision made by the Central port policies and institutional systems step by step. Based Committee of the Communist Party of China (CPC) in light on the characteristics and unique advantages of Hainan, 01 of the domestic and international situations General Secretary Xi drew up a new blueprint for the New Impression development of Hainan in the new era, demonstrating 13 The Central Committee of the CPC and the State Council China’s determination and responsibility as a major New Opportunities officially unveiled the Overall Plan for the Construction of power in opening wider to the world and promoting 37 Hainan Free Trade Port (hereinafter the“Overall Plan”) on economic globalization New Pattern June 1, 2020. This marked that the construction of Hainan 61 Free Trade Port entered the stage of full implementation. Since the release of the Overall Plan, the construction of Appendix The Overall Plan states that the the coverage areas of the Hainan Free Trade Port has been in full swing to Hainan Free Trade Port include the entire Hainan Island.
    [Show full text]
  • China Parcels Market Market Insight Report 2018
    China Parcels Market Market Insight Report 2018 Apex Insight Ltd 2 Eastbourne Terrace, London W2 6LG +44 20 7100 7239 www.apex-insight.com [email protected] February 2018 China Parcels Market: Market Insight Report 2018 innovated, deploying new technology and designing new processes About this report which, in many cases, are far more advanced than those seen in the west The report includes: o Background to the report Description of the market and the key trends which are shaping it o Historical and forecast market size and growth covering the period from 2012-2022 China’s economy continues to perform strongly as the country has o Analysis of drivers of market growth urbanised and the new middle classes have embraced consumption. o Competitive landscape comparing the performance of the main In this context, online retail has grown rapidly, having quadrupled since carriers present in the market and profiling them and other leading 2012 to the point where China now accounts for over half of the global market participants such as marketplaces and parcel locker total. networks. China’s parcels market has expanded rapidly to deliver this enormous retail volume as well as growth in demand from the B2B segment. What are the sources on which the report is based? o China accounted for almost half of the total global growth in the parcels market in 2017. Extensive desk research on the parcels market and its operators covering o The chart illustrates how growth has been much faster than company accounts, websites, official statistics and
    [Show full text]