DOCSLIB.ORG

Interim Report 2020 OUR MISSION

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Interim Report 2020 OUR MISSION BAOYE GROUP COMPANY LIMITED (A joint stock limited company incorporated in the People’s Republic of China) Stock Code ：2355 Interim Report 2020 OUR MISSION “From construction to manufacturing”, leads construction industry towards industrialisation in China. CONTENTS 2 Corporate Profile 4 Corporate Information 5 Financial Highlights Management Discussion and Analysis 9 Results Review 16 Business Prospect 18 Financial Review 22 Corporate Governance 26 Other Information 29 Report on Review of Interim Financial Information Interim Financial Information 30 Interim Condensed Consolidated Balance Sheet 32 Interim Condensed Consolidated Income Statement 33 Interim Condensed Consolidated Statement of Comprehensive Income 34 Interim Condensed Consolidated Statement of Changes in Equity 36 Interim Condensed Consolidated Statement of Cash Flows 37 Notes to the Interim Financial Information 58 Definitions 02 / BAOYE GROUP COMPANY LIMITED CORPORATE PROFILE Business Structure BAOYE GROUP COMPANY LIMITED Construction Property Development Building Materials Business Business Business Government and Public Shaoxing “Baoye Four Curtain Wall Buildings Seasons Garden” Ready-mixed Concrete Urban Facilities and Shaoxing “Daban Green Infrastructure Garden” Furnishings and Interior Decorations Shaoxing “Xialv Project” Commercial Buildings Lishui “Huajie Fengqing” Wooden Products and Residential Buildings Fireproof Materials Shanghai “Baoye Active Hub” Industrial Buildings PC Assembly Plate Wuhan “Xingyu Fu” Electrical and Electronic Mengcheng “Binhu Green Others Installation Garden” Fireproof Facilities Installation Mengcheng “Shidai Green Garden” Curtain Wall Installation Jieshou “Fuxing Jiayuan” Taihe “Baoye City Green Garden” Taihe “Jiangnan Fu” Taihe “Yinhe Green Garden” Kaifeng “Baoye Longhu Yucheng” Lu’an “Baoye Junyue Green Garden” Zhengzhou “Zhengzhou Project” Sixian “Sizhou Green Garden” INTERIM REPORT 2020 / 03 Business Network Kaifengg Bengbu Bozhouu Shanghai Hefei Wuhan Shaoxing Construction Business Zhejiang | Shanghai | Jiangsu | Anhui | Hubei | Hunan | Beijing | Tianjin | Hebei | Henan Shandong | Shanxi | Liaoning | Sichuan | Chongqing | Xinjiang | Jiangxi | Fujian | Guangdong Djibouti | Botswana | Seychelles | Kenya | Somaliland Property Development Business Zhejiang | Shanghai | Hubei | Anhui | Henan Building Materials Business Zhejiang Building Materials Industrial Park | Anhui Building Materials Industrial Park Hubei Building Materials Industrial Park | Shanghai Building Materials Industrial Park 04 / BAOYE GROUP COMPANY LIMITED CORPORATE INFORMATION Directors Auditors Registered Address Executive Directors International Auditor Yangxunqiao Township Mr. Pang Baogen PricewaterhouseCoopers Keqiao District, Shaoxing City (Chairman of the Board) Certified Public Accountants Zhejiang Province, the PRC Mr. Gao Lin Registered Public Interest Entity Auditor Tel: 86 575 84882990 Mr. Gao Jiming 22/F, Prince’s Building Post Code: 312028 Mr. Gao Jun Central, Hong Kong Mr. Jin Jixiang Headquarter Address Statutory Auditor No.1687 Guazhu East Road, Non-executive Director PricewaterhouseCoopers Keqiao District, Shaoxing City Mr. Fung Ching, Simon Zhong Tian LLP Zhejiang Province, the PRC 34/F Tower A, Kingkey 100 Post Code: 312030 Independent 5016 Shennan East Road Non-executive Directors Luohu District Correspondence Address Mr. Chan, Dennis Yin Ming Shenzhen, the PRC in Hong Kong Mr. Li Wangrong Post Code: 518001 Room A, 7th Floor, Southern Ms. Liang Jing Commercial Building, Legal Advisers 11 Luard Road Supervisors As to Hong Kong law Wanchai, Hong Kong Supervisors Kwok Yih & Chan Mr. Kong Xiangquan (Chairman) Suites 2103-05, 21st Floor Authorised Representatives 9 Queen’s Road Central, Mr. Wang Jianguo Mr. Pang Baogen Central, Hong Kong Mr. Xu Gang Mr. Gao Jiming Independent Supervisors As to PRC law Stock Code Mr. Zhang Xindao Fenxun Partners HKEx (2355) Mr. Xiao Jianmu Suite 1008, China World Tower 2 China World Trade Centre Audit Committee No.1 Jianguomenwai Avenue Contact Beijing, the PRC Investor Relations Mr. Chan, Dennis Yin Ming (Chairman) Post Code: 100004 Tel: +86 575 84135837 Mr. Fung Ching, Simon Fax: +86 575 84118792 Mr. Li Wangrong H Share Registrar E-mail: [email protected] Remuneration Committee Tricor Tengis Limited Level 54, Hopewell Centre Website Mr. Chan, Dennis Yin Ming (Chairman) 183 Queen’s Road East www.baoyegroup.com Mr. Pang Baogen Hong Kong Ms. Liang Jing Nomination Committee Principal Banks Agricultural Bank of China Limited Mr. Li Wangrong (Chairman) Bank of China Limited Mr. Gao Jiming Bank of Communications Ms. Liang Jing Company Limited China Construction Bank Corporation Company Secretary China Minsheng Banking Mr. Chow Chan Lum Corporation Limited Industrial and Commercial Bank of China Limited Shanghai Pudong Development Bank Company Limited INTERIM REPORT 2020 / 05 FINANCIAL HIGHLIGHTS For the six months ended/As at 30 June 2020 2019 2018 2017 2016 RMB’000 RMB’000 RMB’000 RMB’000 RMB’000 Results Revenue 11,201,994 11,450,605 11,483,063 9,383,941 10,845,641 Profit Attributable to the Owners of the Company 298,105 331,146 439,202 323,716 261,025 Earnings per Share (RMB yuan) 0.59 0.76 0.55 0.43 0.53 Assets and Liabilities Total Assets 37,802,012 32,200,784 27,511,556 23,138,588 21,029,884 Total Liabilities 27,903,164 23,282,738 19,414,756 15,934,344 14,295,060 Total Equity 8,918,046 8,096,800 7,204,244 6,734,824 9,898,848 Key Financial Ratios As at/For the six months ended 30 June 2020 2019 Return on Equity 3.14% 3.82% Net Assets Value per Share (RMB yuan) 16.86 15.41 Net Cash Ratio 11% 27% Current Ratio 1.24 1.19 Net Cash (Outflow)/Inflow from Operating Activities (RMB’000) 239,948 (659,724) 06 / BAOYE GROUP COMPANY LIMITED Financial Highlights Revenue (in RMB million) (For the six months ended 30 June) 11,483 11,451 12,000 11,202 10,846 9,384 10,000 8,000 6,000 4,000 2,000 0 20162017 2018 2019 2020 Profit Attributable to the Owners of the Company (in RMB million) (For the six months ended 30 June) 500 439 400 324 331 298 300 261 200 100 0 20162017 2018 2019 2020 INTERIM REPORT 2020 / 07 Financial Highlights Earnings per Share (in RMB) (For the six months ended 30 June) 1.0 0.76 0.8 0.55 0.59 0.6 0.53 0.43 0.4 0.2 0 20162017 2018 2019 2020 Net Assets Value per Share (in RMB) (As at 30 June) 20 16.86 16 15.41 14.05 12.00 12 10.74 8 4 0 20162017 2018 2019 2020 MANAGEMENT DISCUSSION AND ANALYSIS INTERIM REPORT 2020 / 09 MANAGEMENT DISCUSSION AND ANALYSIS Results Review For the six months ended 30 June 2020, the Group achieved a consolidated revenue of approximately RMB11,201,994,000, which represents a decrease of approximately 2% compared with the corresponding period last year; operating profit amounted to approximately RMB606,619,000, which represents an increase of approximately 11% as compared with the corresponding period last year; profit attributable to the owners of the Company amounted to approximately RMB298,105,000, which represents a decrease of approximately 10% compared to the same period last year; earnings per share was RMB0.53, which represents a decrease of approximately 10% compared to the same period last year. During the period, though the Group’s business operations were affected by the epidemic and the resumption of business operations was hence extended as compared to previous years. Through the collective efforts and orderly arrangement by the Group, projects progress has been geared up, and the overall operations have remained stable. Segment Operating Results Revenue For the six months ended 30 June 2020 2019 Change RMB’000 % of total RMB’000 % of total Construction 9,065,504 81% 9,088,147 79% 0% Property Development 925,647 8% 723,994 6% 28% Building Materials 1,065,676 10% 1,481,842 13% –28% Others 156,622 2% –7% 145,167 1% Total 11,450,605 100% –2% 11,201,994 100% Operating Profit For the six months ended 30 June 2020 2019 Change RMB’000 % of total RMB’000 % of total Construction 249,638 41% 226,981 42% 10% Property Development 335,543 55% 259,329 47% 29% Building Materials 18,519 3% 39,046 7% –53% Others 20,846 4% –86% 2,919 1% Total 546,202 100% 11% 606,619 100% 10 / BAOYE GROUP COMPANY LIMITED Management Discussion and Analysis Construction Business For the six months ended 30 June 2020, the Group’s construction business achieved a revenue of approximately RMB9,065,504,000, which remained at the same level as compared to the corresponding period last year; operating profit was approximately RMB249,638,000, representing an increase of approximately 10% over the same period last year. Despite the negative impact of the epidemic, the Group’s construction business revenue remained relatively stable mainly due to the continuous stability of incoming orders that were contracted for in the previous years. After the resumption of production, the Group had geared up the progress of the projects to reduce the negative impact that was brought by the epidemic to our operations. In recent years, the Group has strengthened the risk management of new business in the construction sector, the management of accounts receivable and intake of quality projects, hence operating profits of new projects have increased significantly over the same period last year. In the spring of 2020, Chinese Nationals who had been busy for a year were supposed to go home, reunited with their families and celebrate the Spring Festival of the Year of Rat. However, a new virus which was completely unknown to human beings disrupted everyone’s life. Many cities were closed down in preparation for isolation, which caused the economy to slow down. A battle against the COVID-19 has begun. In order to fight against the epidemic, the Group strictly adhered to the unified deployment of the CPC Committees and government policies at all levels, and immediately established a prevention and control task force team headed by the chairman of the Company Mr. Pang Baogen.
Load more

Recommended publications
  • 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]
  • Annual Report 2019
    HAITONG SECURITIES CO., LTD. 海通證券股份有限公司 Annual Report 2019 2019 年度報告 2019 年度報告 Annual Report CONTENTS Section I DEFINITIONS AND MATERIAL RISK WARNINGS 4 Section II COMPANY PROFILE AND KEY FINANCIAL INDICATORS 8 Section III SUMMARY OF THE COMPANY’S BUSINESS 25 Section IV REPORT OF THE BOARD OF DIRECTORS 33 Section V SIGNIFICANT EVENTS 85 Section VI CHANGES IN ORDINARY SHARES AND PARTICULARS ABOUT SHAREHOLDERS 123 Section VII PREFERENCE SHARES 134 Section VIII DIRECTORS, SUPERVISORS, SENIOR MANAGEMENT AND EMPLOYEES 135 Section IX CORPORATE GOVERNANCE 191 Section X CORPORATE BONDS 233 Section XI FINANCIAL REPORT 242 Section XII DOCUMENTS AVAILABLE FOR INSPECTION 243 Section XIII INFORMATION DISCLOSURES OF SECURITIES COMPANY 244 IMPORTANT NOTICE The Board, the Supervisory Committee, Directors, Supervisors and senior management of the Company warrant the truthfulness, accuracy and completeness of contents of this annual report (the “Report”) and that there is no false representation, misleading statement contained herein or material omission from this Report, for which they will assume joint and several liabilities. This Report was considered and approved at the seventh meeting of the seventh session of the Board. All the Directors of the Company attended the Board meeting. None of the Directors or Supervisors has made any objection to this Report. Deloitte Touche Tohmatsu (Deloitte Touche Tohmatsu and Deloitte Touche Tohmatsu Certified Public Accountants LLP (Special General Partnership)) have audited the annual financial reports of the Company prepared in accordance with PRC GAAP and IFRS respectively, and issued a standard and unqualified audit report of the Company. All financial data in this Report are denominated in RMB unless otherwise indicated.
    [Show full text]
  • Ectopic Expression of the Botfl1-Like Gene of Bambusa Oldhamii Delays Blossoming in Arabidopsis Thaliana and Rescues the Tfl1 Mutant Phenotype
    Ectopic expression of the BoTFL1-like gene of Bambusa oldhamii delays blossoming in Arabidopsis thaliana and rescues the tfl1 mutant phenotype H.Y. Zeng1,2, Y.T. Lu1, X.M. Yang1, Y.H. Xu3 and X.C. Lin1 1The Nurturing Station for the State Key Laboratory of Subtropical Silviculture, Zhejiang Agriculture and Forestry University, Lin’an, Hangzhou, Zhejiang, China 2Lishui City Liandu District Forestry Bureau, Lishui, Zhejiang, China 3School of Agriculture and Food Science, Zhejiang Agriculture and Forestry University, Lin’an, Hangzhou, Zhejiang, China Corresponding author: X.C. Lin E-mail: [email protected] Genet. Mol. Res. 14 (3): 9306-9317 (2015) Received January 21, 2015 Accepted April 8, 2015 Published August 10, 2015 DOI http://dx.doi.org/10.4238/2015.August.10.11 ABSTRACT. TERMINAL FLOWER1 (TFL1) homologous genes play major roles in maintaining vegetative growth and inflorescence meristem characteristics in various plant species; however, to date, the function of the bamboo TFL1 homologous gene has not been described. In this study, a TFL1 homologous gene was isolated from Bambusa oldhamii and designated as BoTFL1-like. Phylogenetic analysis of TFL1 homologous genes revealed that BoTFL1-like shared more than 90% identity with the TFL1 genes of other Gramineae. RT-PCR analysis showed that the expression level of BoTFL1-like in floral buds was almost 3.5 times higher than in vegetative buds. In 35S::BoTFL1- like transgenic Arabidopsis thaliana plants, the time of flowering was significantly delayed by 5 to 9 days, and development of floral buds Genetics and Molecular Research 14 (3): 9306-9317 (2015) ©FUNPEC-RP www.funpecrp.com.br BoTFL1-like gene in bamboo flowering 9307 and sepals was severely affected compared to wild type Arabidopsis plants.
    [Show full text]
  • A Study on the Problems and Countermeasures of the Quality Training of the Employees in the Institutions of Supporting the Disabled in Zhejiang Province
    2020 International Conference on Economics, Education and Social Research (ICEESR 2020) A Study on the Problems and Countermeasures of the Quality Training of the Employees in the Institutions of Supporting the Disabled in Zhejiang Province Lu Yang Department of Special Education and Rehabilitation, Zhejiang Special Education Career Academy, Hangzhou, Zhejiang, China Keywords: Foster care institutions; Quality training; Countermeasure research Abstract: Based on the investigation of the current situation of the quality of the employees in the foster care institutions for the disabled in Zhejiang Province, this paper summarizes the problems existing in the quality training of the employees at present, analyzes the reasons for the problems such as the number of the employees in the foster care institutions is small, the degree of specialization is low, and the lack of special training received, and puts forward the corresponding solutions. Finally, it comes to the conclusion that the management service of the foster care institutions should be improved in order to improve the overall quality of the employees in the care institutions and promote the healthy development of the care for the disabled, we should improve the service level and the care service system, improve the treatment in many aspects, provide diversified training, and make good use of the "one million enrollment expansion" and other methods. 1. Introduction The concept of care for the disabled was first proposed by the China Disabled Persons' Federation at the National Conference on care for the disabled held in Guangzhou in 2007. At this meeting, the disabled people’s Federation of China proposed for the first time that local disabled people’s federations should organize the establishment of disabled people’s care service institutions, mainly for the mentally handicapped and the severely handicapped to provide centralized care services and necessary employment services [1].
    [Show full text]
  • Rural Development and the Spatial Patterns of Population Migration in Zhejiang, China
    agriculture Article Back to the Countryside: Rural Development and the Spatial Patterns of Population Migration in Zhejiang, China Weiming Tong 1,2,* and Kevin Lo 3 1 College of Economics, Zhejiang University of Technology, Hangzhou 310023, China 2 Department of the Built Environment, Eindhoven University of Technology, 5600 MB Eindhoven, The Netherlands 3 Department of Geography, Hong Kong Baptist University, Hong Kong, China; [email protected] * Correspondence: [email protected] Abstract: This study examines how rural development in China shapes new trends in population migration. Using first-hand, village-level data from Zhejiang—an economically developed province in China—we investigated the patterns and influencing factors of population migration between rural and urban areas. We conceptualized three types of migration in rural areas: rural out-migration, rural in-migration, and rural return-migration. First-hand data were collected from 347 villages. The results show that although rural out-migration remains the dominant form of migration, rural in- migration and return-migration are also common, and the latter two are positively correlated. Further, we found evidence to support the conclusion that rural economic, social, and spatial development encourages rural in-migration and return-migration but does not have a significant impact on rural out-migration. Therefore, it is foreseeable that rural in-migration and return-migration will become increasingly common in China. Citation: Tong, W.; Lo, K. Back to the Keywords: rural development; population migration; rural studies; China Countryside: Rural Development and the Spatial Patterns of Population Migration in Zhejiang, China. Agriculture 2021, 11, 788. https:// 1. Introduction doi.org/10.3390/agriculture11080788 The internal population migration in China is a highly active research area in rural geography.
    [Show full text]
  • Detection, Occurrence, and Survey of Rice Stripe and Black-Streaked Dwarf Diseases in Zhejiang Province, China
    Rice Science, 2013, 20(6): 383−390 Copyright © 2012, China National Rice Research Institute Published by Elsevier BV. All rights reserved DOI: 10.1016/S1672-6308(13)60158-4 Detection, Occurrence, and Survey of Rice Stripe and Black- Streaked Dwarf Diseases in Zhejiang Province, China 1 2 1 3 1 ZHANG Heng-mu , WANG Hua-di , YANG Jian , Michael J ADAMS , CHEN Jian-ping (1State Key Laboratory Breeding Base for Zhejiang Sustainable Pest and Disease Control; Key Laboratory of Plant Protection and Biotechnology, Ministry of Agriculture, China; Zhejiang Provincial Key Laboratory of Plant Virology, Institute of Virology and Biotechnology, Zhejiang Academy of Agricultural Sciences, Hangzhou 310021, China; 2Zhejiang Provincial Station of Plant Protection and Quarantine, Hangzhou 310020, China; 3Rothamsted Research, Harpenden, Herts AL5 2JQ, UK) Abstract: The major viral diseases that occur on rice plants in Zhejiang Province, eastern China, are stripe and rice black-streaked dwarf diseases. Rice stripe disease is only caused by rice stripe tenuivirus (RSV), while rice black-streaked dwarf disease can be caused by rice black-streaked dwarf fijivirus (RBSDV) and/or southern rice black-streaked dwarf fijivirus (SRBSDV). Here we review the characterization of these viruses, methods for their detection, and extensive surveys showing their occurrence and spread in the province. Key words: viral diseases; rice stripe tenuivirus; rice black-streaked dwarf fijivirus; southern rice black- streaked dwarf fijivirus; surveys Zhejiang Province, located in eastern China, is known caused more than 50% losses in rice production in as a fertile land of fish and rice, and has a long history some fields (Kuribayashi, 1931; Amano, 1933).
    [Show full text]
  • China Construction Bank Corporation 2013 Annual Report Builds Modern Living
    LIVING BUILDS BUILDS ANNUAL REPORT 2013 REPORT ANNUAL MODERN MODERN CHINA CONSTRUCTION BANK CORPORATION 2013 ANNUAL REPORT BUILDS MODERN LIVING China Construction Bank Corporation, established in October 1954 and headquartered in Beijing, is a leading large-scale joint stock commercial bank in Mainland China with world-renowned reputation. The Bank was listed on Hong Kong Stock Exchange in October 2005 (stock code: 939) and listed on the Shanghai Stock Exchange in September 2007 (stock code: 601939). At the end of 2013, the Bank’s market capitalisation reached US$187.8 billion, ranking 5th among listed banks in the world. With 14,650 branches and sub-branches in Mainland China, the Bank provides services to 3,065,400 corporate customers and 291 million personal customers, and maintains close cooperative relationships with a significant number of high-end customers and leading enterprises of strategic industries in the Chinese economy. The Bank maintains overseas branches in Hong Kong, Singapore, Frankfurt, Johannesburg, Tokyo, Osaka, Seoul, New York, Ho Chi Minh City, Sydney, Melbourne, Taipei and Luxembourg, and owns various subsidiaries, such as CCB Asia, CCB International, CCB London, CCB Russia, CCB Dubai, CCB Europe, CCB Principal Asset Management, CCB Financial Leasing, CCB Trust and CCB Life. The Bank upholds its “customer-centric, market-oriented” business concept, adheres to its development strategy of “integration, multifunction and intensiveness”, and strives to provide customers with premium and all-round modern financial services by accelerating innovation of products, channels and service modes. With a number of core business indicators leading the market, the Bank vigorously promotes the development of emerging businesses including electronic banking, private banking, credit cards, cash management, and pension, while maintaining its traditional businesses advantages in infrastructure and housing finance.
    [Show full text]
  • Correlation Between CDKAL1 Rs10946398c>A Single Nucleotide
    Open Life Sci. 2017; 12: 501–509 Research Article Yunyi Liang, Yi Shu, Haizhao Luo, Riqiu Chen, Zhifu Zeng* Correlation between CDKAL1 rs10946398C>A single nucleotide polymorphism and type 2 diabetes mellitus susceptibility: A meta-analysis https://doi.org/10.1515/biol-2017-0059 showed people with AA or CA genotype had decreased Received September 19, 2017; accepted October 17, 2017 risk of developing T2DM compared to CC genotype (OR=0.83, P<0.05); For a homozygous genetic model (CC Abstract: Objective The purpose of this meta- vs AA), the OR was calculated through random effect analysis was to assess the correlation between CDKAL1 model for statistical heterogeneity among the included rs10946398C>A single nucleotide polymorphism (SNP) 13 studies. The combined OR was 1.33 which indicated and type 2 diabetes mellitus (T2DM) susceptibility by people with CC genotype had increased risk of developing pooling the open published studies. Method Electronic T2DM. Conclusion According to the present results, searching of PubMed, EMBASE, Medline, Cochrane, CDKAL1 rs10946398C>A single nucleotide polymorphism China Biology Medicine disc (CBM) and China National had correlation with the susceptibility of type 2 diabetes Knowledge Infrastructure (CNKI) databases were mellitus. performed by two reviewers independently to collect the open published studies related to CDKAL1 rs10946398C>A Keywords: type 2 diabetes mellitus; CDKAL1 gene; single nucleotide polymorphism and T2DM susceptibility. susceptibility; polymorphism; meta-analysis. The association between CDKAL1 rs10946398C>A single nucleotide polymorphism and T2DM susceptibility was expressed by odds ratio (OR) and the corresponding 95% confidence interval (95%CI). Results Thirteen studies with a total of 13,966 T2DM and 14,274 controls were 1 Introduction finally included for analysis in this meta-analysis.
    [Show full text]
  • Spatial Variation of Regional Sustainable Development and Its Relationship to the Allocation of Science and Technology Resources
    Sustainability 2014, 6, 6400-6417; doi:10.3390/su6096400 OPEN ACCESS sustainability ISSN 2071-1050 www.mdpi.com/journal/sustainability Article Spatial Variation of Regional Sustainable Development and its Relationship to the Allocation of Science and Technology Resources Jian Wu 1,*, Guangdong Wu 2,†, Qing Zhou 3,† and Mi Li 4,† 1 School of Management, Hangzhou Dianzi University, Xiasha, Jianggan District, Hangzhou 310018, China 2 School of Tourism and Urban Management, Jiangxi University of Finance and Economics, Nanchang 330013, China; E-Mail: [email protected] 3 School of Economics and Management, Beijing University of Technology, Beijing 100022, China; E-Mail: [email protected] 4 College of Electro-mechanics Engineering, Jiaxing University, Jiaxing 314000, China; E-Mail: [email protected] † These authors contributed equally to this work. * Author to whom correspondence should be addressed; E-Mail: [email protected]; Tel./Fax: +86-571-8691-9072. Received: 27 May 2014; in revised form: 14 August 2014 / Accepted: 26 August 2014 / Published: 15 September 2014 Abstract: With the increasing of labor salaries, the RMB exchange rate, resource product prices and requirements of environmental protection, inexpensive labor and land are no longer the decisive factor of regional competitiveness. From this perspective, China needs to shift from the extensive development mode to the sustainable development mode. Science and technology resources rational allocation is one of the key issues in sustainable development. Based on the counties (districts) data of Zhejiang Province in China, this paper portrays the spatial variation of regional sustainable development level of this area. This paper finds that counties tend to cluster in groups with the same sustainable development level, and this agglomeration trend has been enforced during the past several years.
    [Show full text]
  • 2020 Annual Results Announcement
    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. (A joint stock limited company incorporated in the People’s Republic of China with limited liability) (Stock Code: 6030) 2020 ANNUAL RESULTS ANNOUNCEMENT The Board of Directors of CITIC Securities Company Limited is pleased to announce the audited results of the Company and its subsidiaries for the year ended 31 December 2020. This announcement, containing the full text of the 2020 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. The 2020 annual report of the Company and its printed version will be published and delivered to the H Shareholders of the Company and available for view on the HKExnews website of Hong Kong Exchanges and Clearing Limited at http://www.hkexnews.hk and the website of the Company at http://www.citics.com on or before 30 April 2021. 1 IMPORTANT NOTICE The Board and the Supervisory Committee and the Directors, Supervisors and Senior Management of the Company warrant the truthfulness, accuracy and completeness of the contents of this results announcement and that there is no false representation, misleading statement contained herein or material omission from this results announcement, for which they will assume joint and several liabilities.
    [Show full text]
  • BANK of NINGBO CO., LTD. 2020 Annual Report
    BANK OF NINGBO CO., LTD. （Stock Code: 002142） 2020 Annual Report Full Text of 2020 Annual Report of Bank of Ningbo Co., Ltd. Chapter One Important Notes, Content and Interpretation The Board of Directors, Board of Supervisors, directors, supervisors and senior management of the Company ensure the authenticity, accuracy and completeness of contents, and guarantee no frauds, misleading statements or major omissions in this report. They are willing to burden any individual and joint legal responsibilities. The 6th meeting of the 7th Board of Directors of the Company deliberated on and approved the text and abstract of 2020 Annual Report. 13 directors in person out of the total of 13 required directors attended the meeting, and part of supervisors attended as a nonvoting delegates. The Chairman of the Company, Mr. Lu Huayu, the President, Mr. Luo Mengbo, the person in charge of accounting, Mr. Zhuang Lingjun, and the general manager of financial department, Ms. Sun Hongbo hereby declare to guarantee the authenticity, accuracy and completeness of financial statements in the annual report. Financial data and indicators included in this annual report are following the criteria of Chinese Accounting Standard for Business Enterprises. Unless otherwise stated, all data in the consolidated financial statements of Bank of Ningbo Co., Ltd. and its holding subsidiary, Maxwealth Fund Management Co., Ltd., its wholly-owned subsidiaries, Maxwealth Financial Leasing Co., Ltd. and Ningyin Finance Co., Ltd., are subject to the unit of RMB. Ernst & Young Hua Ming LLP audited the 2020 Financial Statements of the Company in accordance with domestic accounting principles and published unqualified opinion.
    [Show full text]
  • 2020 Annual Report.Pdf
    HAITONG SECURITIES CO., LTD. 海通證券股份有限公司 Annual Report 2020 年度報告2020 年度報告 Annual Report 2020 CONTENTS Section I DEFINITIONS AND MATERIAL RISK WARNINGS 3 Section II COMPANY PROFILE AND KEY FINANCIAL INDICATORS 7 Section III SUMMARY OF THE COMPANY’S BUSINESS 25 Section IV REPORT OF THE BOARD OF DIRECTORS 33 Section V SIGNIFICANT EVENTS 85 Section VI CHANGES IN ORDINARY SHARES AND PARTICULARS ABOUT SHAREHOLDERS 123 Section VII PREFERENCE SHARES 136 Section VIII DIRECTORS, SUPERVISORS, SENIOR MANAGEMENT AND EMPLOYEES 137 Section IX CORPORATE GOVERNANCE 191 Section X CORPORATE BONDS 229 Section XI FINANCIAL REPORT 240 Section XII DOCUMENTS AVAILABLE FOR INSPECTION 241 Section XIII INFORMATION DISCLOSURES OF SECURITIES COMPANY 242 2 HAITONG SECURITIES CO., LTD. | Annual Report 2020 (H Share) IMPORTANT NOTICE The Board, the Supervisory Committee, Directors, Supervisors and senior management of the Company warrant the truthfulness, accuracy and completeness of contents of this annual report (the “Report”) and that there is no false representation, misleading statement contained herein or material omission from this Report, for which they will assume joint and several liabilities. This Report was considered and approved at the 15th meeting of the seventh session of the Board. All the Directors of the Company attended the Board meeting. None of the Directors or Supervisors has made any objection to this Report. PricewaterhouseCoopers Zhong Tian LLP (Special General Partnership) and PricewaterhouseCoopers have audited the annual financial reports of the Company prepared in accordance with PRC GAAP and IFRS respectively, and issued a standard and unqualified audit report of the Company. All financial data in this Report are denominated in RMB unless otherwise indicated.
    [Show full text]