DOCSLIB.ORG

2018 Annual Report 2018 ANNUAL REPORT 2018 年報 Contents

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text

Load more

中 國 航空科 技 工 業股份 有限公 司 中 國 航空科 技 工 業股份 有限公 司 ( 在中華人民共和國註冊成立的股份有限公司) (A joint stock limited company incorporated in the People’s Republic of China with limited liability) (股票代碼:2357) (Stock Code : 2357) 年報 2018 Annual Report 2018 ANNUAL REPORT 2018 ANNUAL REPORT 年報 Contents 2 Company Profile 4 Financial Highlights 7 Chairman’s Statement 10 Management Discussion and Analysis 23 Directors, Supervisors and Senior Management 29 Report of the Board 50 Report of the Supervisory Committee 51 Corporate Governance Report 71 Environmental, Social & Governance Report 97 Independent Auditor’s Report 104 Consolidated Statement of Profit or Loss 105 Consolidated Statement of Profit or Loss and Other Comprehensive Income 106 Consolidated Statement of Financial Position 109 Consolidated Statement of Changes in Equity 111 Consolidated Statement of Cash Flows 115 Notes to the Consolidated Financial Statements 245 Definitions 250 Corporate Information Company Profile The Company is a joint stock limited company established in the PRC on 30 April 2003. The Company’s H Shares have been listed on the Hong Kong Stock Exchange since 30 October 2003 (stock code: 2357). As at the date of this report, the shareholders of the Company mainly include AVIC, Airbus Group (空中客車集團), AVIC Airborne Systems, China Hua Rong Asset Management Corporation, China Cinda Asset Management Corporation and China Orient Asset Management Corporation. The Company principally operates through its subsidiaries. The Group is mainly engaged in: • the development, manufacture, sales and upgrade of defense products and civil aviation products such as provision of helicopters, trainer aircraft, general-purpose aircraft and regional jets for domestic and overseas customers; and • the co-development and manufacture of aviation products with foreign aviation products manufacturers. To download this report: 2 AviChina Industry & Technology Company Limited Company Profile PRINCIPAL PRODUCTS OF THE GROUP The Z-8, Z-9, Z-11 helicopters series (including AC series); L15, K8 and CJ-6 (PT-6) trainers series; Y-12 multi-purpose aeroplanes series and the N-5 agricultural aeroplanes series; EC-120 helicopters jointly produced by the Group and Airbus Helicopters; CA109 helicopters jointly produced by the Group and Agusta S.p.A; aviation parts and components, avionics products and its accessories; aviation engineering services, such as planning, design and consultation services, etc. CORPORATE STRUCTURE OF THE GROUP (As at 31 December 2018) AviChina 41.39% 43.22% 43.77% 100% 100% 100% 100% 100% JONHON AVIC Avionics Hongdu Aviation Harbin Aviation AviChina Optronic Tianjin Aviation AVIC CAPDI AviChina Capital (SH600372) (SH600316) Group Hong Kong (SZ002179) 6.56% 28.21% 31.75% AVICOPTER AVICOPTER AviChina Intelligent Jingdezhen (SH600038) Surveying & Helicopter R&D (SH600038) Mapping Branch t s g n n ua ji an en n tion tion c tio gh ri g e s n t ng n n r c vionic Tia via rumen uay c och ri Xi on io io fe C gh fei t ri ntal nic t t A sta H t o r n n A VI ter ter ia ia ai ng oelec an ngt an xi Inst ng lec A AVIC AVIC vi Hafei ou ou Avia L lec Kaitian Fo ng Company ng E Keeven Orie Av Av A gh ya nxi nxi Ba an Ch E Xia hot cop Instrument Instrument Cha nsha P iya a yu eli Shaan Lanzh H Shan Qi Shaa Hu Shen Tai 2018 Annual Report 3 Financial Highlights CONSOLIDATED PROFIT AND LOSS (Prepared under International Financial Reporting Standards) (RMB million, other than basic and diluted earnings per share) For the year ended 31 December 2018 2017 Changes Revenue 35,153 32,597 7.84% Profit before income tax 2,903 2,758 5.26% Profit attributable to equity holders of the Company 1,288 1,222 5.40% Gross profit margin 22.12% 22.84% -0.72% Earnings per share for profit attributable to equity holders of the Company (RMB) – Basic 0.215 0.205 4.88% luted 0.215 0.205 4.88% – Di CONSOLIDATED ASSETS AND LIABILITIES (Prepared under International Financial Reporting Standards) (RMB million) As at 31 December 2018 2017 Changes Total assets 86,720 78,933 9.87% Total liabilities 51,748 47,773 8.32% Non-controlling interests 18,168 16,451 10.44% Owner’s equity (other than non-controlling interests) 16,804 14,709 14.24% 4 AviChina Industry & Technology Company Limited Financial Highlights Financial information on the Group’s comprehensive business in the recent five years starting from 1 January 2014 is summarized as follows: (Prepared under International Financial Reporting Standards) (RMB million, other than basic and diluted earnings per share) As at 31 December/For the year ended 31 December 2018 2017 2016 2015 2014 Total assets 86,720 78,933 71,628 67,112 54,722 Total liabilities 51,748 47,773 42,665 40,692 31,421 Non-controlling interests 18,168 16,451 15,161 13,760 12,486 Owner’s equity (other than non-controlling interests) 16,804 14,709 13,802 12,660 10,815 Revenue 35,153 32,597 36,834 34,424 25,710 Profit before income tax 2,903 2,758 2,652 2,646 2,003 Profit attributable to equity holders of the Company 1,288 1,222 1,160 1,143 781 Gross profit margin 22.12% 22.84% 19.11% 19.43% 19.05% Earnings per share for profit attributable to equity holders of the Company (RMB) – Basic 0.215 0.205 0.194 0.192 0.143 – Diluted 0.215 0.205 0.194 0.192 0.143 2018 Annual Report 5 Financial Highlights TOTAL ASSETS REVENUE (RMB million) (RMB million) 90,000 40,000 80,000 70,000 32,000 60,000 24,000 50,000 40,000 16,000 30,000 20,000 8,000 10,000 0 0 2014 2015 2016 2017 2018 2014 2015 2016 2017 2018 PROFIT ATTRIBUTABLE TO EQUITY BASIC EARNINGS PER SHARE FOR HOLDERS OF THE COMPANY PROFIT ATTRIBUTABLE TO EQUITY (RMB million) HOLDERS OF THE COMPANY (RMB) 1,500 0.25 1,200 0.20 900 0.15 600 0.10 300 0.05 0 0.00 2014 2015 2016 2017 2018 2014 2015 2016 2017 2018 6 AviChina Industry & Technology Company Limited Chairman’s Statement To all shareholders: On behalf of the Board of the Company, I am pleased to present the annual results for the year of 2018. “Sunny spring spreads beneficence and all the living things grow brilliance.” The year 2018 marks the 40th anniversary of China’s reform and opening up. During the 40-year’s long journey of China’s reform and opening up, AVIC has achieved a rapid growth and made significant contributions to the economic and social development of China by remaining true to its original aspiration of carrying forward patriotic spirit for aviation industry, practicing the mission of making China a strong aviation country and implementing the government’s reform and opening up strategies. Meanwhile, the year 2018 is also the 15th anniversary of the listing of AviChina in Hong Kong. Since its listing, AviChina has continuously advanced the development of the aviation manufacturing industry, endeavored to advance and marched forward, with impressive results achieved in all aspects including the constantly improved industry chain, continually expanded business scope, steady growth in results indicators, and increasingly stronger international influence. ANNUAL RUSULTS For the year ended 31 December 2018, the Group recorded a revenue of RMB35,153 million and the profit attributable to equity holders of the Company amounted to RMB1,288 million, achieving a stable growth in results. BUSINESS REVIEW In 2018, China’s economy faced downward pressures given the complexity and challenges in the external environment. In face of such challenges and pressures, as an enterprise operating in China’s high-tech strategic industry, AVIC, the controlling shareholder of the Company, has insisted on deepening the reform and made sincere contributions in aviation weapons research and manufacturing, civil aviation industry development, management enhancement, etc.. Impressive results were delivered once again in the aviation weapons research and manufacturing and new breakthroughs were achieved in self-independent innovation and military-civilian integration. AVIC received the congratulations from President Xi Jinping for the completion of the maiden overwater flight of AG600 large scale amphibious aircraft for the purpose of firefighting and water rescue and completed the 100 international deliveries of “Pterosaur (翼龍)” serial unmanned aerial vehicles (“UAVs”). Excellent flight show of AVIC series civil and military aircraft at China International Aviation & Aerospace Exhibition in Zhuhai showed the capability and confidence of China aviation defence. It actively practiced the government’s innovation-driven strategies and military-civilian integration strategies with the innumerable great achievements in “the Belt and Road” and multidirectional extension of the “Aerial Silk Road”. It has been approved as the only military industry group included in the list of pilot enterprises of state-owned capital investment companies. Against the backdrop of the development of Chinese aviation industry, the Company has been positively driving the development of aviation industry. The Company established AVIC Rongfu as a platform for management of military- civilian integration projects in aviation industry, so as to build a new centered and coordinated mode for the military- civilian integration of the aviation industry. The Company actively optimised its capital structure and was approved to be a pilot company of the H share full circulation project as the first central government-owned listed company, and so completed the conversion of all domestic shares, and successfully completed the H Share placement with enhanced shareholder background and industry investment capabilities. It launched the restructuring project of the acquisition 2018 Annual Report 7 Chairman’s Statement of 100% equity interest of AVIC Helicopter, and initiated for the asset swap of Hongdu Aviation.
Recommended publications
  • Multimodal Transportation: the Case of Laptop from Chongqing in China to Rotterdam in Europe

    Multimodal Transportation: the Case of Laptop from Chongqing in China to Rotterdam in Europe

    University of Plymouth PEARL https://pearl.plymouth.ac.uk Faculty of Arts and Humanities Plymouth Business School 2017-09-30 Multimodal Transportation: The Case of Laptop from Chongqing in China to Rotterdam in Europe Seo, YJ http://hdl.handle.net/10026.1/12698 10.1016/j.ajsl.2017.09.005 The Asian Journal of Shipping and Logistics All content in PEARL is protected by copyright law. Author manuscripts are made available in accordance with publisher policies. Please cite only the published version using the details provided on the item record or document. In the absence of an open licence (e.g. Creative Commons), permissions for further reuse of content should be sought from the publisher or author. The Asian Journal of Shipping and Logistics 33(3) (2017) 155-165 Contents lists available at ScienceDirect The Asian Journal of Shipping and Logistics Journal homepage: www.elsevier.com/locate/ajsl Multimodal Transportation: The Case of Laptop from Chongqing in China to Rotterdam in Europe Young Joon SEOa, Feilong CHENb, Sae Yeon ROHc a Assistant Professor, Kyungpook National University, Korea, E-mail: [email protected] (First Author) b Master student, Plymouth university, United Kingdom, E-mail: [email protected] c Lecturer, Plymouth university, United Kingdom, E-mail: [email protected] (Corresponding Author) A R T I C L E I N F O A B S T R A C T Article history: Multimodal transportation is a key component of modern logistics systems, especially for long- Received 23 June 2017 distance transnational transportation. This paper explores the various alternative routes for laptop Received in revised form 31 August 2017 Accepted 10 September 2017 exports from Chongqing, China to Rotterdam, the Netherlands.
  • County, Province 包装厂中文名chinese Name of Packing House

    County, Province 包装厂中文名chinese Name of Packing House

    序号 注册登记号 所在地 Location: 包装厂中文名 包装厂英文名 包装厂中文地址 包装厂英文地址 Numbe Registered Location County, Province Chinese Name of Packing house English Name of Packing house Address in Chinese Address in English r Number 1 北京平谷 PINGGU,BEIJING 北京凤凰山投资管理中心 BEIJING FENGHUANGSHAN INVESTMENT MANAGEMENT CENTER 平谷区峪口镇 YUKOU,PINGU DISTRICT,BEIJING 1100GC001 2 北京平谷 PINGGU,BEIJING 北京东四道岭果品产销专业合作社 BEIJING DONGSIDAOLING FRUIT PRODUCTION AND MARKETING PROFESSIONNAL COOPERATIVES平谷区镇罗营镇 ZHENLUOYING,PINGGU DISTRICT,BEIJING 1100GC002 TIANJIN JIZHOU DEVELOPMENT ZONE, WEST IN ZHONGCHANG SOUTH ROAD, NORTH 3 天津蓟州区 JIZHOU,TIANJIN 天津蓟州绿色食品集团有限公司 TIANJIN JIZHOU GREEN FOOD GROUP CO., LTD. 天津市蓟州区开发区中昌南路西、京哈公路北IN JING-HA ROAD 1200GC001 4 河北辛集 XINJI，HEBEI 辛集市裕隆保鲜食品有限责任公司果品包装厂XINJI YULONG FRESHFOOD CO.,LTD. PACKING HOUSE 河北省辛集市南区朝阳路19号 N0.19 CHAOYANG ROAD, SOUTH DISTRICT OF XINJI CITY, HEBEI PROVINCE 1300GC001 5 河北辛集 XINJI，HEBEI 河北天华实业有限公司 HEBEI TIANHUA ENTERPRISE CO.,LTD. 河北省辛集市新垒头村 XINLEITOU VILLAGE，XINJI CITY，HEBEI 1300GC002 6 河北晋州 JINZHOU，HEBEI 河北鲜鲜农产有限公司 HEBEI CICI CO., LTD. 河北省晋州市工业路33号 NO.33 GONGYE ROAD,JINZHOU,HEBEI,CHINA 1300GC004 7 河北晋州 JINZHOU，HEBEI 晋州天洋贸易有限公司 JINZHOU TIANYANG TRADE CO,. LTD. 河北省晋州市通达路 TONGDA ROAD， JINZHOU CITY，HEBEI PROVINCE 1300GC005 8 河北晋州 JINZHOU，HEBEI 河北省晋州市长城经贸有限公司 HEBEI JINZHOU GREAT WALL ECONOMY TRADE CO.,LTD. 河北省晋州市马于开发区 MAYU,JINZHOU,HEBEI,CHINA 1300GC006 9 河北晋州 JINZHOU，HEBEI 石家庄市丰达金润农产品有限公司 SHIJIAZHUANG GOLDEN GLORY AGRICULTURAL CO.,LTD. 晋州市马于镇北辛庄村 BEIXINZHUANG,JINZHOU,HEBEI,CHINA 1300GC007 10 河北赵县 ZHAO COUNTY，HEBEI 河北嘉华农产品有限责任公司 HEBEI JIAHUA
  • Ji'an Literati and the Local in Song-Yuan-Ming China

    Ji'an Literati and the Local in Song-Yuan-Ming China

    Ji’an Literati and the Local in Song-Yuan-Ming China gerritsen_f1_prelims.indd i 2/6/2007 6:56:53 PM China Studies Published for the Institute for Chinese Studies University of Oxford Editors Glen Dudbridge Frank Pieke VOLUME 13 gerritsen_f1_prelims.indd ii 2/6/2007 6:56:53 PM Ji’an Literati and the Local in Song-Yuan-Ming China By Anne Gerritsen LEIDEN • BOSTON 2007 gerritsen_f1_prelims.indd iii 2/6/2007 6:56:53 PM On the cover : Fragment of a Song dynasty inscription in the Jishui County Museum, Jiangxi province. Photograph by author. This book is printed on acid-free paper. Library of Congress Cataloging-in-Publication Data A C.I.P. record for this book is available from the Library of Congress. ISSN 1570-1344 ISBN 978 90 04 15603 6 © Copyright 2007 by Koninklijke Brill NV, Leiden, The Netherlands. Koninklijke Brill NV incorporates the imprints Brill, Hotei Publishing, IDC Publishers, Martinus Nijhoff Publishers and VSP. All rights reserved. No part of this publication may be reproduced, translated, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without prior written permission from the publisher. Authorization to photocopy items for internal or personal use is granted by Koninklijke Brill NV provided that the appropriate fees are paid directly to The Copyright Clearance Center, 222 Rosewood Drive, Suite 910, Danvers, MA 01923, USA. Fees are subject to change. printed in the netherlands gerritsen_f1_prelims.indd iv 2/6/2007 6:56:53 PM To my parents gerritsen_f1_prelims.indd v 2/6/2007 6:56:53 PM gerritsen_f1_prelims.indd vi 2/6/2007 6:56:53 PM CONTENTS List of Maps ..............................................................................
  • Jiangsu(PDF/288KB)

    Jiangsu(PDF/288KB)

    Mizuho Bank China Business Promotion Division Jiangsu Province Overview Abbreviated Name Su Provincial Capital Nanjing Administrative 13 cities and 45 counties Divisions Secretary of the Luo Zhijun; Provincial Party Li Xueyong Committee; Mayor 2 Size 102,600 km Shandong Annual Mean 16.2°C Jiangsu Temperature Anhui Shanghai Annual Precipitation 861.9 mm Zhejiang Official Government www.jiangsu.gov.cn URL Note: Personnel information as of September 2014 [Economic Scale] Unit 2012 2013 National Share (%) Ranking Gross Domestic Product (GDP) 100 Million RMB 54,058 59,162 2 10.4 Per Capita GDP RMB 68,347 74,607 4 - Value-added Industrial Output (enterprises above a designated 100 Million RMB N.A. N.A. N.A. N.A. size) Agriculture, Forestry and Fishery 100 Million RMB 5,809 6,158 3 6.3 Output Total Investment in Fixed Assets 100 Million RMB 30,854 36,373 2 8.2 Fiscal Revenue 100 Million RMB 5,861 6,568 2 5.1 Fiscal Expenditure 100 Million RMB 7,028 7,798 2 5.6 Total Retail Sales of Consumer 100 Million RMB 18,331 20,797 3 8.7 Goods Foreign Currency Revenue from Million USD 6,300 2,380 10 4.6 Inbound Tourism Export Value Million USD 328,524 328,857 2 14.9 Import Value Million USD 219,438 221,987 4 11.4 Export Surplus Million USD 109,086 106,870 3 16.3 Total Import and Export Value Million USD 547,961 550,844 2 13.2 Foreign Direct Investment No. of contracts 4,156 3,453 N.A.
  • China and Weapons of Mass Destruction: Implications for the United States

    China and Weapons of Mass Destruction: Implications for the United States

    China and Weapons of Mass Destruction: Implications for the United States China and Weapons of Mass Destruction: Implications for the United States 5 November 1999 This conference was sponsored by the National Intelligence Council and Federal Research Division. The views expressed in this report are those of individuals and do not represent official US intelligence or policy positions. The NIC routinely sponsors such unclassified conferences with outside experts to gain knowledge and insight to sharpen the level of debate on critical issues. Introduction | Schedule | Papers | Appendix I | Appendix II | Appendix III | Appendix IV Introduction This conference document includes papers produced by distinguished experts on China's weapons-of-mass-destruction (WMD) programs. The seven papers were complemented by commentaries and general discussions among the 40 specialists at the proceedings. The main topics of discussion included: ● The development of China's nuclear forces. ● China's development of chemical and biological weapons. ● China's involvement in the proliferation of WMD. ● China's development of missile delivery systems. ● The implications of these developments for the United States. Interest in China's WMD stems in part from its international agreements and obligations. China is a party to the International Atomic Energy Agency (IAEA), the Treaty on the Non-Proliferation of Nuclear Weapons (NPT), the Zangger Committee, and the Chemical Weapons Convention (CWC) and has signed but not ratified the Comprehensive Nuclear Test Ban Treaty (CTBT). China is not a member of the Australia Group, the Wassenaar Arrangement, the Nuclear Suppliers Group, or the Missile Technology Control Regime (MTCR), although it has agreed to abide by the latter (which is not an international agreement and lacks legal authority).
  • Argus China Petroleum News and Analysis on Oil Markets, Policy and Infrastructure

    Argus China Petroleum News and Analysis on Oil Markets, Policy and Infrastructure

    Argus China Petroleum News and analysis on oil markets, policy and infrastructure Volume XII, 1 | January 2018 Yuan for the road EDITORIAL: Regional gasoline The desire to avoid tax has been a far more significant factor underlying imports markets are so far unmoved by a of mixed aromatics than China’s octane deficit. potential fall in Chinese exports The government has announced plans to make it impossible to buy or sell owing to stricter tax enforcement gasoline without producing a complete invoice chain showing that consumption tax has been paid, from 1 March. And gasoline refining margins shot to nearly $20/bl, their highest since mid-2015. Of course, Beijing has tried to stamp out tax evasion in the gasoline market many times before. But, if successful, this poses Mixed aromatics imports 2017 an existential threat — to trading companies and the blending firms that use ’000 b/d Mideast mixed aromatics to produce gasoline outside the refining system, largely avoiding US Gulf 4.39 the Yn2,722/t ($51/bl) tax collected on gasoline produced by refineries. Around 22.59 300,000 b/d of gasoline is produced this way. And that has caused the surplus that forces state-owned firms to market their costlier fuel overseas. Europe But there is little panic outside south China, where most blending takes place. 77.69 The Singapore market is discounting any threat that a crackdown on tax avoidance might choke off Chinese exports — gasoline crack spreads fell this month. China’s prices are now above those in Singapore, yet its gasoline exports show no sign of letting up.
  • U.S. Investors Are Funding Malign PRC Companies on Major Indices

    U.S. Investors Are Funding Malign PRC Companies on Major Indices

    U.S. DEPARTMENT OF STATE Office of the Spokesperson For Immediate Release FACT SHEET December 8, 2020 U.S. Investors Are Funding Malign PRC Companies on Major Indices “Under Xi Jinping, the CCP has prioritized something called ‘military-civil fusion.’ … Chinese companies and researchers must… under penalty of law – share technology with the Chinese military. The goal is to ensure that the People’s Liberation Army has military dominance. And the PLA’s core mission is to sustain the Chinese Communist Party’s grip on power.” – Secretary of State Michael R. Pompeo, January 13, 2020 The Chinese Communist Party’s (CCP) threat to American national security extends into our financial markets and impacts American investors. Many major stock and bond indices developed by index providers like MSCI and FTSE include malign People’s Republic of China (PRC) companies that are listed on the Department of Commerce’s Entity List and/or the Department of Defense’s List of “Communist Chinese military companies” (CCMCs). The money flowing into these index funds – often passively, from U.S. retail investors – supports Chinese companies involved in both civilian and military production. Some of these companies produce technologies for the surveillance of civilians and repression of human rights, as is the case with Uyghurs and other Muslim minority groups in Xinjiang, China, as well as in other repressive regimes, such as Iran and Venezuela. As of December 2020, at least 24 of the 35 parent-level CCMCs had affiliates’ securities included on a major securities index. This includes at least 71 distinct affiliate-level securities issuers.
  • A Research on Competition and Cooperation Between Shanghai Port and Ningbo-Zhoushan Port

    A Research on Competition and Cooperation Between Shanghai Port and Ningbo-Zhoushan Port

    The Asian Journal of Shipping and Logistics ● Volume 26 Number 1 June 2010 pp. 067-092 ● A Research on Competition and Cooperation Between Shanghai Port and Ningbo-Zhoushan Port Jia-bin LI* 1)· Yong-sik OH**2) Contents I. Introduction II. Theoretical Background on Port Competition and Co-operation III. A Comparative Analysis of Ports in the Yangtze River IV. Analysis of relationship between Shanghai port and Ningbo-Zhoushan port V. Summary and Suggestion Abstract With the course of the integration of global economy accelerating, and the speedy growth of world trade, important nodes of global logistics and ports acquire more and more important status in the global economy. Ports with the development of Chinese economy and especially with the rapid growth of the foreign trade have made a great progress. This research mainly focuses on the study of the competition and cooperation between neighboring ports. Several models were developed in the research to analyze the relationship between Shanghai port and Ningbo-Zhoushan port. The research results show that the two ports enter into competition with each other. Ports are faced with competition not only from domestic ports but also from their counterparts in other countries. Therefore, Shanghai port and Ningbo-Zhoushan port should avoid competition and join hands in developing the resource reasonably in Zhoushan and achieving a regional scale economy, so that the entire ports in the region of the Yangtze River Delta can have a better competitive power. Key words : Competition, Cooperation, Container port, Competitiveness, Linear Regression * Doctoral student of Korea Maritime University, First Author, Korea, Email : li_ [email protected] ** Associate professor of Korea Maritime University, Corresponding Author, Korea, Email : [email protected] A Research on Competition and Cooperation Between Shanghai Port and Ningbo-Zhoushan Port I.
  • December 1998

    December 1998

    JANUARY - DECEMBER 1998 SOURCE OF REPORT DATE PLACE NAME ALLEGED DS EX 2y OTHER INFORMATION CRIME Hubei Daily (?) 16/02/98 04/01/98 Xiangfan C Si Liyong (34 yrs) E 1 Sentenced to death by the Xiangfan City Hubei P Intermediate People’s Court for the embezzlement of 1,700,00 Yuan (US$20,481,9). Yunnan Police news 06/01/98 Chongqing M Zhang Weijin M 1 1 Sentenced by Chongqing No. 1 Intermediate 31/03/98 People’s Court. It was reported that Zhang Sichuan Legal News Weijin murdered his wife’s lover and one of 08/05/98 the lover’s relatives. Shenzhen Legal Daily 07/01/98 Taizhou C Zhang Yu (25 yrs, teacher) M 1 Zhang Yu was convicted of the murder of his 01/01/99 Zhejiang P girlfriend by the Taizhou City Intermediate People’s Court. It was reported that he had planned to kill both himself and his girlfriend but that the police had intervened before he could kill himself. Law Periodical 19/03/98 07/01/98 Harbin C Jing Anyi (52 yrs, retired F 1 He was reported to have defrauded some 2600 Liaoshen Evening News or 08/01/98 Heilongjiang P teacher) people out of 39 million Yuan 16/03/98 (US$4,698,795), in that he loaned money at Police Weekend News high rates of interest (20%-60% per annum). 09/07/98 Southern Daily 09/01/98 08/01/98 Puning C Shen Guangyu D, G 1 1 Convicted of the murder of three children - Guangdong P Lin Leshan (f) M 1 1 reported to have put rat poison in sugar and 8 unnamed Us 8 8 oatmeal and fed it to the three children of a man with whom she had a property dispute.
  • Transport Corridors and Regional Balance in China: the Case of Coal Trade and Logistics Chengjin Wang, César Ducruet

    Transport Corridors and Regional Balance in China: the Case of Coal Trade and Logistics Chengjin Wang, César Ducruet

    Transport corridors and regional balance in China: the case of coal trade and logistics Chengjin Wang, César Ducruet To cite this version: Chengjin Wang, César Ducruet. Transport corridors and regional balance in China: the case of coal trade and logistics. Journal of Transport Geography, Elsevier, 2014, 40, pp.3-16. halshs-01069149 HAL Id: halshs-01069149 https://halshs.archives-ouvertes.fr/halshs-01069149 Submitted on 28 Sep 2014 HAL is a multi-disciplinary open access L’archive ouverte pluridisciplinaire HAL, est archive for the deposit and dissemination of sci- destinée au dépôt et à la diffusion de documents entific research documents, whether they are pub- scientifiques de niveau recherche, publiés ou non, lished or not. The documents may come from émanant des établissements d’enseignement et de teaching and research institutions in France or recherche français ou étrangers, des laboratoires abroad, or from public or private research centers. publics ou privés. Transport corridors and regional balance in China: the case of coal trade and logistics Dr. Chengjin WANG Key Laboratory of Regional Sustainable Development Modeling Institute of Geographical Sciences and Natural Resources Research Chinese Academy of Sciences, Beijing 100101, China Email: [email protected] Dr. César DUCRUET1 National Centre for Scientific Research (CNRS) UMR 8504 Géographie-cités F-75006 Paris, France Email: [email protected] Pre-final version of the paper published in Journal of Transport Geography, special issue on “The Changing Landscapes of Transport and Logistics in China”, Vol. 40, pp. 3-16. Abstract Coal plays a vital role in the socio-economic development of China. Yet, the spatial mismatch between production centers (inland Northwest) and consumption centers (coastal region) within China fostered the emergence of dedicated coal transport corridors with limited alternatives.
  • 中國航空科技工業股份有限公司 Avichina Industry & Technology Company Limited*

    中國航空科技工業股份有限公司 Avichina Industry & Technology Company Limited*

    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. 中國航空科技工業股份有限公司 AviChina Industry & Technology Company Limited* (A joint stock limited company incorporated in the People’s Republic of China with limited liability) (Stock Code: 2357) VOLUNTARY ANNOUNCEMENT SHAREHOLDING INCREASE IN A SUBSIDIARY The board of directors (the “Board”) of AviChina Industry & Technology Company Limited (the “Company”) hereby announces that on 9 July 2015, the Company purchased 1,000,084 A shares of Jiangxi Hongdu Aviation Industry Co., Ltd. (“Hongdu Aviation”) on the A share market of the Shanghai Stock Exchange, representing approximately 0.14% of the total issued shares of Hongdu Aviation (the “Shareholding Increase”). Before the Shareholding Increase, the Company held 312,883,210 A shares in Hongdu Aviation, representing approximately 43.63% of the total issued shares of Hongdu Aviation. After the Shareholding Increase, the Company held 313,883,294 A shares of Hongdu Aviation, representing approximately 43.77% of the total issued shares of Hongdu Aviation. Within 12 months from the date of the Shareholding Increase, the Company will not increase its shareholding (inclusive of the shares represented by the Shareholding Increase) by more than 2% of the total issued share capital of Hongdu Aviation. 1 At the same time, the Company undertakes not to reduce its shareholding in related A share listed subsidiaries during the next 6 months.
  • Entities Identified As Chinese Military Companies Operating in the United States in Accordance with Section 1260H of the William M

    Entities Identified As Chinese Military Companies Operating in the United States in Accordance with Section 1260H of the William M

    Entities Identified as Chinese Military Companies Operating in the United States in Accordance with Section 1260H of the William M. ("Mac") Thornberry National Defense Authorization Act for Fiscal Year 2021 (PUBLIC LAW 116-283) Aerospace CH UA V Co., Ltd Aerosun Corporation Aviation Industry Corporation of China, Ltd. (AVIC) AVIC Aviation High-Technology Company Limited A VIC Heavy Machinery Company Limited A VIC Jonhon Optronic Technology Co., Ltd. A VIC Shenyang Aircraft Company Limited A VIC Xi'an Aircraft Industry Group Company Ltd. China Aerospace Science and Industry Corporation Limited (CASIC) China Communications Construction Company Limited (CCCC) China Communications Construction Group (Limited) (CCCG) China Electronics Corporation (CEC) China Electronics Technology Group Corporation (CETC) China General Nuclear Power Corporation (CGN) China Marine Information Electronics Company Limited China Mobile Communications Group Co., Ltd. China Mobile Limited China National Nuclear Corporation (CNNC) China National Offshore Oil Corporation (CNOOC) China North Industries Group Corporation Limited (Norinco Group) China Railway Construction Corporation Limited (CRCC) China South Industries Group Corporation (CSGC) China SpaceSat Co., Ltd. China State Shipbuilding Corporation Limited (CSSC) China Telecom Corporation Limited China Telecommunications Corporation China Unicom (Hong Kong) Limited China United Network Communications Group Co., Ltd. (China Unicom) CNOOC Limited Costar Group Co., Ltd. Fujian Torch Electron Technology Co., Ltd.