DOCSLIB.ORG

Annual Report 2017 Annual Report

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Annual Report 2017 Annual Report Annual Report 2017 Annual Report 2017 For more information, please refer to : CONTENTS DEFINITIONS 2 Chairman’s Statement 5 Section I Important Notes 6 Section II Company Profile and Major Financial Information 7 Section III Company Business Overview 17 Section IV Discussion and Analysis on Operation 22 Section V Directors’ Report 60 Section VI Other Significant Events 74 Section VII Changes in Shares and Information on Shareholders 87 Section VIII Directors, Supervisors, Senior Management and Staff 94 Section IX Corporate Governance Report 113 Section X Independent Auditor’s Report 138 Section XI Consolidated Financial Statements 143 Appendix I Information on Securities Branches 240 Appendix II Information on Branch Offices 276 China Galaxy Securities Co., Ltd. Annual Report 2017 1 DEFINITIONS “A Share(s)” domestic shares in the share capital of the Company with a nominal value of RMB1.00 each, which is (are) listed on the SSE, subscribed and traded in Renminbi “Article of Association” the articles of association of the Company (as amended from time to time) “Board” or“ Board of Directors” the board of Directors of the Company “bp” unit of measurement for the change in interest rate of bonds and notes, one bp equals to 1% of a percentage point “CG Code” Corporate Governance Code and Corporate Governance Report set out in Appendix 14 to the Stock Exchange Listing Rules “Company” China Galaxy Securities Co., Ltd（. 中國銀河證券股份有限公司）, a joint stock limited company incorporated in the PRC on 26 January 2007, whose H Shares are listed on the Hong Kong Stock Exchange (Stock Code: 06881), the A Shares of which are listed on the SSE (Stock Code: 601881) “Company Law” the Company Law of the People’s Republic of China “CSRC” the China Securities Regulatory Commission（中國證券監督管理委員會） “Directors” directors of the Company “End of the Reporting Period” 31 December 2017 “ETF” exchange-traded funds “Futures IB Business” the business activities in which securities firms, as commissioned by futures companies, introduce clients to futures companies to provide futures brokerage and other related services “Galaxy Capital” Galaxy Capital Management Company Limited（銀河創新資本管理有限公司）, owned as to 100% by the Company and a wholly-owned subsidiary of the Company “Galaxy Financial Holdings” China Galaxy Financial Holdings Limited（ 中 國 銀 河 金 融 控 股 有 限 責 任 公 司 ）, the controlling shareholder of the Company, which currently holds 50.91% of the issued share capital of the Company “Galaxy Fund Management” Galaxy Fund Management Company Limited（銀河基金管理有限公司）, owned as to 50% by Galaxy Financial Holdings and a non-wholly owned subsidiary of Galaxy Financial Holdings “Galaxy Futures” Galaxy Futures Company Limited（銀河期貨有限公司）, owned as to approximately 83.32% by the Company and a non-wholly owned subsidiary of the Company “Galaxy International Holdings” China Galaxy International Financial Holdings Company Limited（中國銀河國際金融 控股有限公司）, owned as to 100% by the Company and a wholly-owned subsidiary of the Company “Galaxy Jinhui” Galaxy Jinhui Securities Assets Management Co., Ltd（. 銀河金匯證券資產管理有 限公司）, owned as to 100% by the Company and a wholly-owned subsidiary of the Company 2 China Galaxy Securities Co., Ltd. Annual Report 2017 DEFINITIONS “Galaxy Yuanhui” Galaxy Yuanhui Investment Co., Ltd（. 銀河源匯投資有限公司）, owned as to 100% by the Company and a wholly-owned subsidiary of the Company “Group” the Company and its subsidiaries “H Share(s)” overseas listed foreign shares in the share capital of the Company with a nominal value of RMB1.00 each, which is (are) listed on the Hong Kong Stock Exchange and are subscribed for and traded in HK dollars “Hong Kong” the Hong Kong Special Administrative Region of the PRC “Hong Kong Stock Exchange” The Stock Exchange of Hong Kong Limited “Huijin” Central Huijin Investment Ltd（. 中央滙金投資有限責任公司）, which held an equity interest of approximately 78.57% of Galaxy Financial Holdings as at the End of the Reporting Period “IPO” Initial Public Offering “margin and securities refinancing” a business in which securities firms can act as intermediaries to borrow funds or securities from the China Securities Finance Co., Ltd. and lend such funds and securities to their clients “Market Share” the market share “Model Code” the Model Code for Securities Transactions by Directors of Listed Issuers set out in the Appendix 10 to the Stock Exchange Listing Rules “New OTC Board” National Equities Exchange and Quotations for medium and small-sized enterprises “PRC” or“ China” the People’s Republic of China, and for the purposes of this report, excluding Hong Kong, Macau Special Administrative Region and Taiwan region “QDII” Qualified Domestic Institutional Investor “QFII” Qualified Foreign Institutional Investor “Reporting Period” the period from 1 January 2017 to 31 December 2017 “RQFII” Renminbi Qualified Foreign Institutional Investor, a pilot program launched in the PRC which allows Hong Kong subsidiaries of PRC brokerage companies and fund houses to facilitate investments of offshore Renminbi into the PRC capital markets “SASAC” the State-owned Assets Supervision and Administration Committee of the State Counc（il 國務院國有資產監督管理委員會） “Securities Law” the Securities Law of the People’s Republic of China “SFC” the Securities and Futures Commission of Hong Kong China Galaxy Securities Co., Ltd. Annual Report 2017 3 DEFINITIONS “SFO” the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) as amended, supplemented or otherwise modified from time to time “SHCI” the Shanghai Composite Index “SSE” the Shanghai Stock Exchange “SSE Listing Rules” the Rules Governing the Listing of Securities on the Shanghai Stock Exchange (as amended from time to time) “Stock Exchange Listing Rules” the Rules Governing the Listing of Securities on the Hong Kong Stock Exchange (as amended from time to time) “Supervisors” supervisors of the Company “Supervisory Committee” the supervisory committee of the Company “SZCI” the Shenzhen Component Index “SZSE” the Shenzhen Stock Exchange “HK$” or“ HK dollars” Hong Kong dollars, the lawful currency of Hong Kong “RMB” or“ Renminbi” Renminbi, the lawful currency of the PRC “US$” or“ U.S. dollars” or“ USD” United States dollars, the lawful currency of the United States “VaR” value at risk Notes: 1. In this report, any discrepancies between totals and sums of amounts listed are due to rounding. 2. This report is prepared in both Chinese and English languages and in the event of any inconsistency, the Chinese version shall prevail. 4 China Galaxy Securities Co., Ltd. Annual Report 2017 CHAIRMAN’S STATEMENT Dear shareholders, In 2017, adhering to the spirit of the 19th National Congress of the Communist Party of China, the Central Economic Work Conference and the National Financial Work Conference, the Company continuously adapted to the changing situation of “strict supervision and keen competition” in the securities industry and seized the development trend of the industry. Towards the strategic target of “building a carrier securities broker and a modern investment bank”, the Company made its transformation to the business model of “Dual-wheel Drive and Coordinated Development” and timely performed comprehensive management system reforms. In the process of transformation and development, thanks to the strong support of all shareholders and the joint efforts of all employees, the Company safeguarded its steady operation and achieved satisfactory results. In 2017, the Company realized revenue and other income of RMB15.986 billion and net profits attributable to shareholders of the Company of RMB3.981 billion, with the weighted average return on net assets of 6.33%. In 2017, the Company completed IPO for A Shares, becoming the second securities broker with H Shares and A Shares successively listed. The Company’s businesses achieved “steady progress” amidst keen market competition: net income from the securities brokerage business was among first tier securities companies; the dealer-quoted securities repurchase business grew robustly; the market ranking in terms of scale of the asset management business rapidly increased, which helped diversify the sources of operating income of the Company. With the acceleration of the Company’s internationalization, Galaxy International Holdings, as the acquirer, has made significant progress in its acquisition of the securities business of the CIMB Group in Malaysia. In 2018, under the guidance of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, the Company will strengthen Party building work, implement national strategies and comply with regulatory requirements. Leveraging capital market instruments in a reasonable manner with greater efforts on systematic risk prevention and control, the Company will strive to serve the real economy from various aspects such as improving mechanisms, integrating resources and making up for shortcomings, promote the sustainable development of its businesses with “stable progress and prospects for improvement”, raise the core competitiveness of the Company, fulfil its social responsibilities, provide better services to clients and a better platform to our staff, so as to create greater value for our shareholders. China Galaxy Securities Co., Ltd. Chen Gongyan Chairman 28 March 2018 China Galaxy Securities Co., Ltd. Annual Report 2017 5 SECTION I IMPORTANT NOTES The Board of Directors, Supervisory Committee, Directors, Supervisors and senior management of the Company undertake that there is no misrepresentation, misleading statement or material
Load more

Recommended publications
  • Resettlement Plan for Medium City Traffic Construction Project of Anhui Province
    RP825 V1 World Bank Financed Project Public Disclosure Authorized Resettlement Plan for Medium City Traffic Construction Project of Anhui Province Public Disclosure Authorized (Summary Report) Public Disclosure Authorized Public Disclosure Authorized July 2009 Final Report of Resettlement Action Plan for World Bank Financed Medium City Traffic Construction Project of Anhui Province Terms and Definitions I. Displaced persons 1. Displaced persons (DPs) may be classified in one of the following three groups by eligibility for compensation: A. those who have formal legal rights to land (including customary and traditional rights recognized under the laws of the country); B. those who do not have formal legal rights to land at the time the census begins but have a claim to such land or assets—provided that such claims are recognized under the laws of the country or become recognized through a process identified in the resettlement plan; and C. those who have no recognizable legal right or claim to the land they are occupying. 2. Persons covered under para. 2(A) and (B) are provided compensation for the land they lose, and other assistance. Persons covered under para. 2(C) are provided resettlement assistance in lieu of compensation for the land they occupy, and other assistance, as necessary, to achieve the objectives set out in this policy, if they occupy the project area prior to a cut-off date1 established by the borrower and acceptable to the Bank. Persons who encroach on the area after the cut-off date are not entitled to compensation or any other form of resettlement assistance. All persons included in para.
    [Show full text]
  • 2016 Annual Report.PDF
    HAITONG SECURITIES CO., LTD. 海通證券股份有限公司 Annual Report 2016 2016 Annual Report 年度報告 CONTENTS Section I Definition and Important Risk Warnings 3 Section II Company Profile and Key Financial Indicators 7 Section III Summary of the Company’s Business 23 Section IV Report of the Board of Directors 28 Section V Significant Events 62 Section VI Changes in Ordinary Share and Particulars about Shareholders 91 Section VII Preferred Shares 100 Section VIII Particulars about Directors, Supervisors, Senior Management and Employees 101 Section IX Corporate Governance 149 Section X Corporate Bonds 184 Section XI Financial Report 193 Section XII Documents Available for Inspection 194 Section XIII Information Disclosure of Securities Company 195 IMPORTANT NOTICE The Board, the Supervisory Committee, Directors, Supervisors and senior management of the Company represent and warrant that this annual report (this “Report”) is true, accurate and complete and does not contain any false records, misleading statements or material omission and jointly and severally take full legal responsibility as to the contents herein. This Report was reviewed and passed at the twenty-third meeting of the sixth session of the Board. The number of Directors to attend the Board meeting should be 13 and the number of Directors having actually attended the Board meeting was 11. Director Li Guangrong, was unable to attend the Board meeting in person due to business travel, and had appointed Director Zhang Ming to vote on his behalf. Director Feng Lun was unable to attend the Board meeting in person due to business travel and had appointed Director Xiao Suining to vote on his behalf.
    [Show full text]
  • Jianzhong Construction Technology Limited 建中建設科技有限公司 (The “Company”) (Incorporated in the Cayman Islands with Limited Liability)
    The Stock Exchange of Hong Kong Limited and the Securities and Futures Commission take no responsibility for the contents of this Application Proof, 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 Application Proof. Application Proof of Jianzhong Construction Technology Limited 建中建設科技有限公司 (the “Company”) (Incorporated in the Cayman Islands with limited liability) WARNING The publication of this Application Proof is required by The Stock Exchange of Hong Kong Limited (the “Exchange”)/the Securities and Futures Commission (the “Commission”) solely for the purpose of providing information to the public in Hong Kong. This Application Proof is in draft form. The information contained in it is incomplete and is subject to change which can be material. By viewing this document, you acknowledge, accept and agree with the Company, its sponsor, advisers or members of the underwriting syndicate that: (a) this document is only for the purpose of providing information about the Company to the public in Hong Kong and not for any other purposes. No investment decision should be based on the information contained in this document; (b) the publication of this document or supplemental, revised or replacement pages on the Exchange’s website does not give rise to any obligation of the Company, its sponsor, advisers or members of the underwriting syndicate to proceed with an offering in Hong Kong or
    [Show full text]
  • Congressional-Executive Commission on China
    CONGRESSIONAL-EXECUTIVE COMMISSION ON CHINA ANNUAL REPORT 2008 ONE HUNDRED TENTH CONGRESS SECOND SESSION OCTOBER 31, 2008 Printed for the use of the Congressional-Executive Commission on China ( Available via the World Wide Web: http://www.cecc.gov VerDate Aug 31 2005 23:54 Nov 06, 2008 Jkt 000000 PO 00000 Frm 00001 Fmt 6011 Sfmt 5011 U:\DOCS\45233.TXT DEIDRE 2008 ANNUAL REPORT VerDate Aug 31 2005 23:54 Nov 06, 2008 Jkt 000000 PO 00000 Frm 00002 Fmt 6019 Sfmt 6019 U:\DOCS\45233.TXT DEIDRE CONGRESSIONAL-EXECUTIVE COMMISSION ON CHINA ANNUAL REPORT 2008 ONE HUNDRED TENTH CONGRESS SECOND SESSION OCTOBER 31, 2008 Printed for the use of the Congressional-Executive Commission on China ( Available via the World Wide Web: http://www.cecc.gov U.S. GOVERNMENT PRINTING OFFICE ★ 44–748 PDF WASHINGTON : 2008 For sale by the Superintendent of Documents, U.S. Government Printing Office Internet: bookstore.gpo.gov Phone: toll free (866) 512–1800; DC area (202) 512–1800 Fax: (202) 512–2104 Mail: Stop IDCC, Washington, DC 20402–0001 VerDate Aug 31 2005 23:54 Nov 06, 2008 Jkt 000000 PO 00000 Frm 00003 Fmt 5011 Sfmt 5011 U:\DOCS\45233.TXT DEIDRE CONGRESSIONAL-EXECUTIVE COMMISSION ON CHINA LEGISLATIVE BRANCH COMMISSIONERS House Senate SANDER LEVIN, Michigan, Chairman BYRON DORGAN, North Dakota, Co-Chairman MARCY KAPTUR, Ohio MAX BAUCUS, Montana TOM UDALL, New Mexico CARL LEVIN, Michigan MICHAEL M. HONDA, California DIANNE FEINSTEIN, California TIMOTHY J. WALZ, Minnesota SHERROD BROWN, Ohio CHRISTOPHER H. SMITH, New Jersey CHUCK HAGEL, Nebraska EDWARD R. ROYCE, California SAM BROWNBACK, Kansas DONALD A.
    [Show full text]
  • Smartphone Addiction May Be Associated with Adolescent
    Zou et al. BMC Pediatrics (2019) 19:310 https://doi.org/10.1186/s12887-019-1699-9 RESEARCHARTICLE Open Access Smartphone addiction may be associated with adolescent hypertension: a cross-sectional study among junior school students in China Yunfei Zou1†, Ning Xia1, Yunqing Zou2†, Zhen Chen1 and Yufeng Wen1* Abstract Background: Hypertension in children and adolescents is on the rise worldwide, especially in China. The prevalence of hypertension is related to many factors, such as obesity. In the era of smart phones, it is important to study the negative health effects of mobile phones on blood pressure. The purpose of this study was to investigate the prevalence of hypertension and its association with smartphone addiction among junior school students in China. Methods: A school-based cross-sectional study was conducted, including total 2639 junior school students (1218 boys and 1421 girls), aged 12–15 years old (13.18 ± 0.93 years), enrolled in the study by random cluster sampling. Height, weight, systolic blood pressure (SBP) and diastolic blood pressure (DBP) were measured following standard protocols, and the body mass index (BMI) was calculated. Overweight/obesity and hypertension were defined according to sex- and age-specific Chinese children reference data. The Smartphone Addiction Scale short version (SAS-SV) and the Pittsburgh Sleep Quality Index (PSQI) were used to assess smartphone addiction and sleep quality among the students, respectively. Multivariate logistic regression models were used to seek associations between smartphone addiction and hypertension. Results: The prevalence of hypertension and smartphone addiction among participants were 16.2% (13.1% for females and 18.9% for males) and 22.8% (22.3% for females and 23.2% for males), respectively.
    [Show full text]
  • Vertical Metal F'ile Cabinets
    Barcode:3827074-03 C-570-111 INV - Investigation - CHINESE EXPORTERS AND PRODUCERS OF VERTICAL METAL F'ILE CABINETS Best Beaufy Furniture Co., Ltd. Feel Life Co., Ltd. Lianping Industry Zone, Dalingshan Town Room 202, Deweisen Building Dongguan, Guangdon g, 523809 Nanshan District, Shenzhen Tel: +86 769-85623639 1sf ¡ +86 7 55-66867080-8096 Fax: +86 769-85628609 Fax: +86 755-86146992 Email: N/A Email : [email protected] Website: Website : www. feellife. com www. d gbestbeauty. company. weiku. com/ Fujian lvyer Industrial Co., Ltd. Chung \ilah Steel Furniture Factory Co., Yangxia Village, Guhuai Town Lrd. Changle, Fujian, 350207 Block A,7lF Chinaweal Centre Tel: +86 59128881270 414-424 Jaffe Road, Wanchai Fax: +86 59128881315 Hong Kong Email : nancy @flivyer. com Tel: +85 228930378 Website : www. ivyer.net. cnl Fax: +85 228387626 Email: N/A Fuzhou Nu Deco Crafts Co., Ltd. Website : http ://chungwah. com.hk/ 1306 Xinxing Building No. 41, Bayiqi Mid. Road Concept Furniture (Anhui) Co.' Ltd. Fuzhou, Fujian, 350000 Guangde Economic and Technical Tel: +86 591-87814422 Developm ent Zone, Guangde County P¿¡; +86 591-87814424 Anhui, Xuancheng, 242200 Email: [email protected] Tel: 865-636-0131 Website : http :/inu-deco.cnl Fax: 865-636-9882 Email: N/A Fuzhou Yibang Furniture Co., Ltd. Website: N/A No. 85-86 Building Changle Airport Industrial Zone Dong Guan Shing Fai X'urniture Hunan Town, Changle 2nd Industrial Area Fujian, Fuzhou, 350212 Shang Dong Administrative Dist. fsf; +86 591-28637056 Qishi, Dongguan, Guangdong, 523000 Fax: +86 591-22816378 Tel: +86 867592751816 Email: N/A Fax: N/A V/ebsite : htþs ://fi yb.
    [Show full text]
  • Panva Gas Holdings Limited
    IMPORTANT If you are in any doubt about this prospectus, you should consult your stockbroker, bank manager, solicitor, professional accountant or other professional adviser. PANVA GAS HOLDINGS LIMITED !"#$%&'* (incorporated in the Cayman Islands with limited liability) LISTING ON THE GROWTH ENTERPRISE MARKET OF THE STOCK EXCHANGE OF HONG KONG LIMITED PLACING Number of Placing Shares : 95,000,000 (subject to Over-allotment Option) Issue Price : $0.57 per Share Nominal value : $0.10 each Stock code : 8132 Sponsor TAI FOOK CAPITAL LIMITED Joint Lead Managers TAI FOOK SECURITIES COMPANY LIMITED CU SECURITIES LIMITED Co-Managers Luen Fat Securities Company Limited Peace Town Securities Limited Young Champion Securities Limited The Stock Exchange of Hong Kong Limited and Hong Kong Securities Clearing Company Limited take no responsibility for the contents of this prospectus, 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 prospectus. A copy of this prospectus, having attached thereto the documents specified in the paragraph headed “Documents delivered to the Registrar of Companies” in Appendix VI to this prospectus, has been registered by the Registrar of Companies in Hong Kong as required by section 342C of the Companies Ordinance, Chapter 32 of the Laws of Hong Kong. The Securities and Futures Commission and the Registrar of Companies in Hong Kong take no responsibility for the contents of this prospectus or any of the other documents referred to above. * For identification only 10th April, 2001 CHARACTERISTICS OF THE GROWTH ENTERPRISE MARKET (“GEM”) OF THE STOCK EXCHANGE OF HONG KONG LIMITED (THE “STOCK EXCHANGE”) GEM has been established as a market designed to accommodate companies to which a high investment risk may be attached.
    [Show full text]
  • Table of Codes for Each Court of Each Level
    Table of Codes for Each Court of Each Level Corresponding Type Chinese Court Region Court Name Administrative Name Code Code Area Supreme People’s Court 最高人民法院 最高法 Higher People's Court of 北京市高级人民 Beijing 京 110000 1 Beijing Municipality 法院 Municipality No. 1 Intermediate People's 北京市第一中级 京 01 2 Court of Beijing Municipality 人民法院 Shijingshan Shijingshan District People’s 北京市石景山区 京 0107 110107 District of Beijing 1 Court of Beijing Municipality 人民法院 Municipality Haidian District of Haidian District People’s 北京市海淀区人 京 0108 110108 Beijing 1 Court of Beijing Municipality 民法院 Municipality Mentougou Mentougou District People’s 北京市门头沟区 京 0109 110109 District of Beijing 1 Court of Beijing Municipality 人民法院 Municipality Changping Changping District People’s 北京市昌平区人 京 0114 110114 District of Beijing 1 Court of Beijing Municipality 民法院 Municipality Yanqing County People’s 延庆县人民法院 京 0229 110229 Yanqing County 1 Court No. 2 Intermediate People's 北京市第二中级 京 02 2 Court of Beijing Municipality 人民法院 Dongcheng Dongcheng District People’s 北京市东城区人 京 0101 110101 District of Beijing 1 Court of Beijing Municipality 民法院 Municipality Xicheng District Xicheng District People’s 北京市西城区人 京 0102 110102 of Beijing 1 Court of Beijing Municipality 民法院 Municipality Fengtai District of Fengtai District People’s 北京市丰台区人 京 0106 110106 Beijing 1 Court of Beijing Municipality 民法院 Municipality 1 Fangshan District Fangshan District People’s 北京市房山区人 京 0111 110111 of Beijing 1 Court of Beijing Municipality 民法院 Municipality Daxing District of Daxing District People’s 北京市大兴区人 京 0115
    [Show full text]
  • Pollution Level and Risk Assessment of Heavy Metals in Sewage Sludge
    Spanish Journal of Agricultural Research 18 (2), e1103, 9 pages (2020) eISSN: 2171-9292 https://doi.org/10.5424/sjar/2020182-15796 Instituto Nacional de Investigación y Tecnología Agraria y Alimentaria (INIA) RESEARCH ARTICLE OPEN ACCESS Pollution level and risk assessment of heavy metals in sewage sludge from eight wastewater treatment plants in Wuhu City, China Hanwen Zhang (Zhang, H), Yuee Huang (Huang, Y), Shu Zhou (Zhou, S), Liangchen Wei (Wei, L), Zhiyuan Guo (Guo, Z) and Jinchun Li (Li, J) School of Public Health, Wannan Medical College, Wuhu, Anhui, China Abstract Aim of study: To investigate the content, contamination levels and potential sources of five heavy metals (Hg, Pb, Cd, Cr, As) in sewage sludge from eight wastewater treatment plants (W1 to W8). Area of study: Wuhu, located in southeastern Anhui Province, southeastern China. Material and methods: The sewage sludge pollution assessment employed the single-factor pollution index, Nemerow’s synthetic po- llution index, monomial potential ecological risk coefficient and potential ecological risk index. The potential sources among the five heavy metals were determined using the Pearson’s correlation analysis and principal component analysis (PCA). Main results: The mean concentrations of the heavy metals were 0.27 mg/kg (Hg), 70.78 mg/kg (Pb), 3.48 mg/kg (Cd), 143.65 mg/kg (Cr) and 22.17 mg/kg (As). W1, W5 and W6 sewage sludge samples showed the highest levels of heavy metal contamination, and cadmium had the highest contamination level in the study area. Pearson’s correlation analysis and PCA revealed that Pb and Cd mainly derived from traffic emissions and the manufacturing industry and that As and Cr originated from agricultural discharges.
    [Show full text]
  • Results Announcement for the Year Ended December 31, 2020
    (GDR under the symbol "HTSC") RESULTS ANNOUNCEMENT FOR THE YEAR ENDED DECEMBER 31, 2020 The Board of Huatai Securities Co., Ltd. (the "Company") hereby announces the audited results of the Company and its subsidiaries for the year ended December 31, 2020. This announcement contains the full text of the annual results announcement of the Company for 2020. PUBLICATION OF THE ANNUAL RESULTS ANNOUNCEMENT AND THE ANNUAL REPORT This results announcement of the Company will be available on the website of London Stock Exchange (www.londonstockexchange.com), the website of National Storage Mechanism (data.fca.org.uk/#/nsm/nationalstoragemechanism), and the website of the Company (www.htsc.com.cn), respectively. The annual report of the Company for 2020 will be available on the website of London Stock Exchange (www.londonstockexchange.com), the website of the National Storage Mechanism (data.fca.org.uk/#/nsm/nationalstoragemechanism) and the website of the Company in due course on or before April 30, 2021. DEFINITIONS Unless the context otherwise requires, capitalized terms used in this announcement shall have the same meanings as those defined in the section headed “Definitions” in the annual report of the Company for 2020 as set out in this announcement. By order of the Board Zhang Hui Joint Company Secretary Jiangsu, the PRC, March 23, 2021 CONTENTS Important Notice ........................................................... 3 Definitions ............................................................... 6 CEO’s Letter .............................................................. 11 Company Profile ........................................................... 15 Summary of the Company’s Business ........................................... 27 Management Discussion and Analysis and Report of the Board ....................... 40 Major Events.............................................................. 112 Changes in Ordinary Shares and Shareholders .................................... 149 Directors, Supervisors, Senior Management and Staff..............................
    [Show full text]
  • Laogai Handbook 劳改手册 2007-2008
    L A O G A I HANDBOOK 劳 改 手 册 2007 – 2008 The Laogai Research Foundation Washington, DC 2008 The Laogai Research Foundation, founded in 1992, is a non-profit, tax-exempt organization [501 (c) (3)] incorporated in the District of Columbia, USA. The Foundation’s purpose is to gather information on the Chinese Laogai - the most extensive system of forced labor camps in the world today – and disseminate this information to journalists, human rights activists, government officials and the general public. Directors: Harry Wu, Jeffrey Fiedler, Tienchi Martin-Liao LRF Board: Harry Wu, Jeffrey Fiedler, Tienchi Martin-Liao, Lodi Gyari Laogai Handbook 劳改手册 2007-2008 Copyright © The Laogai Research Foundation (LRF) All Rights Reserved. The Laogai Research Foundation 1109 M St. NW Washington, DC 20005 Tel: (202) 408-8300 / 8301 Fax: (202) 408-8302 E-mail: [email protected] Website: www.laogai.org ISBN 978-1-931550-25-3 Published by The Laogai Research Foundation, October 2008 Printed in Hong Kong US $35.00 Our Statement We have no right to forget those deprived of freedom and 我们没有权利忘却劳改营中失去自由及生命的人。 life in the Laogai. 我们在寻求真理, 希望这类残暴及非人道的行为早日 We are seeking the truth, with the hope that such horrible 消除并且永不再现。 and inhumane practices will soon cease to exist and will never recur. 在中国，民主与劳改不可能并存。 In China, democracy and the Laogai are incompatible. THE LAOGAI RESEARCH FOUNDATION Table of Contents Code Page Code Page Preface 前言 ...............................................................…1 23 Shandong Province 山东省.............................................. 377 Introduction 概述 .........................................................…4 24 Shanghai Municipality 上海市 .......................................... 407 Laogai Terms and Abbreviations 25 Shanxi Province 山西省 ................................................... 423 劳改单位及缩写............................................................28 26 Sichuan Province 四川省 ................................................
    [Show full text]
  • CHINA VANKE CO., LTD.* 萬科企業股份有限公司 (A Joint Stock Company Incorporated in the People’S Republic of China with Limited Liability) (Stock Code: 2202)
    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. CHINA VANKE CO., LTD.* 萬科企業股份有限公司 (A joint stock company incorporated in the People’s Republic of China with limited liability) (Stock Code: 2202) 2019 ANNUAL RESULTS ANNOUNCEMENT The board of directors (the “Board”) of China Vanke Co., Ltd.* (the “Company”) is pleased to announce the audited results of the Company and its subsidiaries for the year ended 31 December 2019. This announcement, containing the full text of the 2019 Annual Report of the Company, complies with the relevant requirements of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited in relation to information to accompany preliminary announcement of annual results. Printed version of the Company’s 2019 Annual Report will be delivered to the H-Share Holders of the Company and available for viewing on the websites of The Stock Exchange of Hong Kong Limited (www.hkexnews.hk) and of the Company (www.vanke.com) in April 2020. Both the Chinese and English versions of this results announcement are available on the websites of the Company (www.vanke.com) and The Stock Exchange of Hong Kong Limited (www.hkexnews.hk). In the event of any discrepancies in interpretations between the English version and Chinese version, the Chinese version shall prevail, except for the financial report prepared in accordance with International Financial Reporting Standards, of which the English version shall prevail.
    [Show full text]