DOCSLIB.ORG

Creating Value with Aspirations. CONTENTS

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Creating Value with Aspirations. CONTENTS Creating Value with Aspirations. CONTENTS 03 Corporate Information 04 Financial Highlights 05 Honours and Awards 10 Milestones of Business Development 12 Environmental, Social and Governance Report 20 Chairman’s Statement 29 Management Discussion and Analysis 29 Financial Review 35 Business Review 54 Directors’ Profile 58 Senior Management’s Profile 62 Report of Directors 81 Corporate Governance Report 89 Independent Auditors’ Report 96 Consolidated Statement of Profit or Loss and Other Comprehensive Income 97 Consolidated Statement of Financial Position 99 Consolidated Statement of Changes in Equity 101 Consolidated Statement of Cash Flows 104 Notes to the Consolidated Financial Statements 240 Financial Summary 241 Major Investment Properties Held by the Group CORPORATE INFORMATION DIRECTORS AUDITORS CAYMAN ISLANDS Executive Directors Deloitte Touche Tohmatsu PRINCIPAL SHARE Mr. Pan Jun (Chairman and Certified Public Accountants REGISTRAR AND Chief Executive Officer) TRANSFER OFFICE Ms. Zeng Jie, Baby PRINCIPAL BANKERS Royal Bank of Canada Trust Company Mr. Lam Kam Tong Agricultural Bank of China (Cayman) Limited Mr. Deng Bo China Construction Bank Corporation 4th Floor, Royal Bank House Non-Executive Directors China Everbright Bank Co., Ltd. 24 Shedden Road Mr. Li Dong Sheng Industrial and Commercial Bank of George Town Mr. Yuan Hao Dong China Limited Grand Cayman KY1-1110 The Hongkong and Shanghai Banking Cayman Islands Independent Non-Executive Directors Corporation Limited Mr. Ho Man HONG KONG BRANCH Mr. Huang Ming LEGAL ADVISORS SHARE REGISTRAR AND Dr. Liao Jianwen As to Hong Kong Law TRANSFER OFFICE Ms. Wong Pui Sze, Priscilla, JP Sidley Austin Computershare Hong Kong Investor Mr. Guo Shaomu Services Limited COMPANY SECRETARY As to PRC Law 17M Floor, Hopewell Centre Mr. Lam Kam Tong Commerce & Finance Law Offices 183 Queen’s Road East Wanchai, Hong Kong AUTHORIZED As to Cayman Islands Law REPRESENTATIVES Conyers Dill & Pearman LISTING INFORMATION Mr. Pan Jun The Company’s Share Listing Mr. Lam Kam Tong REGISTERED OFFICE Ordinary shares AUDIT COMMITTEE Cricket Square The Stock Exchange of Hong Kong Mr. Ho Man (Committee Chairman) Hutchins Drive Limited Mr. Huang Ming P.O. Box 2681 Stock Code: 1777 Dr. Liao Jianwen Grand Cayman KY1-1111 Ms. Wong Pui Sze, Priscilla, JP Cayman Islands The Company’s Senior Notes Listing Mr. Guo Shaomu USD250 million 13.75%, 5 years senior CORPORATE HEAD notes due 2017 REMUNERATION OFFICE IN HONG KONG USD200 million 11.50%, 3 years senior COMMITTEE Room 1202–03 notes due 2018 Mr. Huang Ming New World Tower 1 CNY1.6 billion 9.50%, 3 years senior (Committee Chairman) Mr. Ho Man 16–18 Queen’s Road Central notes due 2019 Mr. Pan Jun Hong Kong USD300 million 10.625%, 5 years Dr. Liao Jianwen senior notes due 2019 Ms. Wong Pui Sze, Priscilla, JP CORPORATE USD250 million 10.75%, 7 years senior Mr. Guo Shaomu HEADQUARTERS IN notes due 2020 PEOPLE’S REPUBLIC OF USD500 million 7.375%, 5 years senior NOMINATION CHINA notes due 2021 Block A, Funian Plaza COMMITTEE The Singapore Exchange Securities Mr. Pan Jun (Committee Chairman) Shihua Road and Zijing Road Trading Limited Mr. Ho Man Interchange in Futian Duty-free Zone Mr. Huang Ming Shenzhen 518048 Ms. Zeng Jie, Baby Guangdong Province, China WEBSITE Dr. Liao Jianwen http://www.cnfantasia.com Ms. Wong Pui Sze, Priscilla, JP Mr. Guo Shaomu Creating Value with Aspirations. 02 03 FINANCIAL HIGHLIGHTS Revenue (in RMB’ million) 10,921 8,164 7,280 7,306 6,230 33.8% 2012 2013 2014 2015 2016 Profit for the year less net exchange gain (loss) (in RMB’ million) Bank balance, cash and restricted/pledged bank deposits (in RMB’ million) 1,730 1,637 11,134 1,423 1,118 1,138 4,653 4,218 3,632 2,896 5.7% 164.0% 2012 2013 2014 2015 2016 2012 2013 2014 2015 2016 2012 2013 2014 2015 2016 (RMB’000) (RMB’000) (RMB’000) (RMB’000) (RMB’000) Total assets 24,526,597 30,563,466 41,254,080 44,551,288 49,752,263 Gross profit 2,520,272 2,793,559 2,806,812 2,518,743 3,528,482 Profit attributable to owners of the Company 1,139,241 1,215,038 1,255,341 1,210,610 805,736 Basic earnings per share (RMB) 0.22 0.23 0.22 0.21 0.14 Revenue 6,230,050 7,279,828 7,305,950 8,164,297 10,920,638 Total liabilities 17,605,431 22,732,138 29,841,706 32,311,251 36,631,528 HONOURS AND AWARDS In March 2016, Fantasia Group (China) Co., Limited In September 2016, Longnian International Centre of was awarded the honour of the “Top 100 China Real Estate Shenzhen Fantasia was awarded the “Bronze Prize for Green Enterprises for 2016” (2016中國房地產百強企業) at the Building Design Certification in Shenzhen” (深圳市綠色建 Research Results Release Conference of Top 100 China Real 築設計認證銅獎) by Shenzhen Housing and Construction Estate Enterprises for 2016 cum the 13th session of Top 100 Bureau. China Real Estate Entrepreneurs Summit jointly host by the Enterprise Research Institute under the Development Research In December 2016, Jiatianxia of Shenzhen Fantasia was Center of the State Council, Tsinghua University Real Estate awarded the “Award of the Best Community with Caring in Institute and China Index Academy. China” (中國最佳溫度社區獎) at the fifth television award ceremony for the most beautiful residential property held by In April 2016, Fantasia Town of Wuhan Fantasia was the City Channel of Shenzhen Media Group. awarded the honour of the “Properties with Good Price Performance for 2016” (2016年度性價比樓盤) by Fang.com. In December 2016, Shenzhen Longqiwan No.1 was awarded the “Villa for the Year” (年度別墅大獎) at the eighth In April 2016, Fantasia Town of Wuhan Fantasia was session of annual conference of China real estate industry in awarded the honour of the “Regional Best-selling Properties 2016 jointly held by Nanfang Metropolis Daily and Peking for 2016” (2016年度區域最熱銷樓盤) by HB.QQ.COM. University HSBC Business School. Creating Value with Aspirations. 04 05 HONOURS AND AWARDS In January 2017, the Guilin branch of Fantasia Real Estate Colour Life Services Group Co., Limited was awarded the Group was awarded the honour of the “Top 10 Guilin Real honour of the “Listed Company with Highest Potential” (最 Estate Enterprises by Sales of Areas for 2016” (2016年桂林 具潛力上市公司) under the “Award of China Financing 市房地產銷售面積十強) by Guilin Real Estate Industry Listed Companies” 2016 (中國融資上市公司大獎) held by Association. Wonderful Sky Financial Group. In January 2017, the Guilin branch of Fantasia Real Estate In 2016, Shenzhen Colour Life Services Group Company Group was awarded the honour of the “Top 10 Guilin Real Limited was awarded the “Gold Award for Innovation in Estate Enterprises by Sales Turnover for 2016” (2016年桂 Business Model” (商業模式創新金獎) at the 9th Best 林市房地產銷售金額十強) by Guilin Real Estate Industry Management Practice Award Ceremony (第九屆管理行動 Association. 獎). In January 2017, Fantasia Lakeside Eden was awarded the In April 2016, China Real Estate Association and China honour of the “Guilin Property Project with Good Reputation Property Enterprises Association granted the “Gold Property for 2016” (2016年度桂林優質口碑樓盤) by Guifun.com, an Award for 2015” (2015年度金牌物業獎) to Shenzhen Colour official website of Guilin Real Estate Industry Association. Life Services Group Company Limited. Colour Life Services Group Co., Limited was awarded In June 2016, Shenzhen Colour Life Property Management the honour of the “Best Market Value Management Listed Company Limited was selected as “Top 30 Enterprises by Company” (最佳市值管理上市公司) under the “Golden HK Shenzhen Index (sample survey)” (深圳指數（抽樣調查）領 Stocks” of 2016 jointly held by Zhitongcaijing (智通財經) 先30) in the proprietors’ satisfaction survey on the property and Tonghuashuncaijing (同花順財經). management services in 2015; HONOURS AND AWARDS In December 2016, China Index Academy applied the In June 2016, Colour Life Services Group Co., Limited was technique of “Ranking evaluation of Chinese property services” granted the certificate of “The World’s Largest Community (中國物業服務呈級評價) to evaluate to the service standard Service Scale in 2015” by China Real Estate Top 10 Research of property service enterprises on systematic basis based on the Team. sample selection criteria of the price index system of Chinese property services and the project “Pair Life Community” (錦上 In 2016, Colour Life Services Group Co., Limited was 花家園) managed by Colour Life Services Group Co., Limited granted the “Certification of Affirmation of the Research was granted the certificate of China five-star property service Results of Chinese Property Service Brand Value” (中國物業 community for 2016. 服務品牌價值研究成果鑒定書) by China Index Academy, with an estimated brand value of RMB2,638,000,000. In January 2016, Shenzhen Colour Life Property Management Company Limited was awarded the honour of In September 2016, Colour Life Services Group Co., “Outstanding Member with Special Contribution for 2015” Limited was granted the certificate of “Chinese Leading Brand (2015年度特殊貢獻優秀會員) by Shenzhen Property Enterprise in Property Services Marketing Operation for 2016” Management Association. (2016中國物業服務市場化運營領先品牌企業) by China Real Estate Top 10 Research Team. In June 2016, Shenzhen Colour Life Services Group Company Limited was awarded the honour of “Shenzhen Top 50 Property Service Enterprises by Comprehensive Strength for 2015” (2015年度深圳市物業服務企業綜合實力五十 強). Creating Value with Aspirations. 06 07 HONOURS AND AWARDS In September 2016, Shenzhen Home E&E Commercial In January 2016, Ankangnian Retirement Life Service Services Group Co., Ltd. was awarded the honour of “Excellent Centre in Qingyang District, Chengdu City, a sector of Enterprise in the Guangdong Property Management Industry” community retirement life service under Fantasia, was awarded (廣東省物業管理行業先進企業) by Guangdong Property the third prize in the social maker competition under the Management Industry Institute. theme of “Leveraging on the creativeness and wisdom of Qingyang to contribute to the community” (創智青羊、助力 In November 2016, Shenzhen Home E&E Commercial 社區), which was the first district-level public welfare venture Services Group Co., Ltd.
Load more

Recommended publications
  • Kick, Push, Coast Kick, Push, Coast
    Kick, Push, Coast Kick, Push, Coast Follow China Intercontinental Press Us on Advertising Hotline WeChat Now 城市漫步珠 国内统一刊号: 三角英文版 that's guangzhou that's shenzhen CN 11-5234/GO MARCH 2018 03月份 that’s PRD 《城市漫步》珠江三角洲 英文月刊 主管单位 : 中华人民共和国国务院新闻办公室 Supervised by the State Council Information Office of the People's Republic of China 主办单位 : 五洲传播出版社 地址 : 北京西城月坛北街 26 号恒华国际商务中心南楼 11 层文化交流中心 11th Floor South Building, Henghua lnternational Business Center, 26 Yuetan North Street, Xicheng District, Beijing http://www.cicc.org.cn 社长 President: 陈陆军 Chen Lujun 期刊部负责人 Supervisor of Magazine Department: 邓锦辉 Deng Jinhui 编辑 Editor: 朱莉莉 Zhu Lili 发行 Circulation: 李若琳 Li Ruolin Senior Digital Editor Matthew Bossons Shenzhen Editor Adam Robbins Guangzhou Editor Daniel Plafker Shenzhen Digital Editor Bailey Hu Senior Staff Writer Tristin Zhang Digital Editor Katrina Shi National Arts Editor Erica Martin Contributors Paul Barresi, Sky Gidge, Lena Gidwani, Dr. Kate Gaynor, Bryan Grogan, Winnie Jin, Mia Li, Kheng Swe Lim, Erica Martin, Dominic Ngai, Katrina Shi HK FOCUS MEDIA Shanghai (Head Office) 上海和舟广告有限公司 上海市蒙自路 169 号智造局 2 号楼 305-306 室 邮政编码 : 200023 Room 305-306, Building 2, No.169 Mengzi Lu, Shanghai 200023 电话 : 传真 : Guangzhou 上海和舟广告有限公司广州分公司 广州市麓苑路 42 号大院 2 号楼 610 室 邮政编码 : 510095 Rm 610, No. 2 Building, Area 42, Luyuan Lu, Guangzhou 510095 电话 : 020-8358 6125 传真 : 020-8357 3859 - 816 Shenzhen 深圳联络处 深圳市福田区彩田路星河世纪大厦 C1-1303 C1-1303, Galaxy Century Building, Caitian Lu, Futian District, Shenzhen 电话 : 0755-8623 3220 传真 : 0755-6406 8538 Beijing 北京联络处 北京市东城区东直门外大街 48 号东方银座 C 座 G9 室 邮政编码 : 100027 9G, Block C, Ginza Mall, No.
    [Show full text]
  • “REFERENCE DOCUMENT” PUBLICIS GROUPE S.A. Fiscal Year 2008
    This document is a free translation of the French Document de Référence (“Reference Document ”) which was registered under n° D.09-[●] by the French Autorité des Marchés Financiers (“AMF”) on March 13, 2009. It is to be used for information purposes only. In the event of any inconsistencies between this translation and the “Reference Document”, the “Reference Document” shall prevail. “REFERENCE DOCUMENT” PUBLICIS GROUPE S.A. Fiscal Year 2008 This Document was filed with the AMF on March 13, 2009, in accordance with Article 212-23 of the AMF’s Regulations. This Document may be used in connection with a financial transaction only if supplemented by a Transaction Note certified by the AMF . Copies of this Reference Document are available at Publicis Groupe S.A., 133, avenue des Champs-Elysées, 75008 Paris, and on the Publicis Groupe SA website at: www.publicisgroupe.com and on the AMF’s website at: www.amf-france.org. Pursuant to Article 28 of EU Regulation n°809/2004, the following information is incorporated by reference into this Document: - the consolidated financial statements of Publicis Groupe for fiscal years 2007 and 2006 prepared in accordance with International Financial Reporting Standards (IFRS), Management’s Discussion and Analysis thereof, together with the corresponding reports of the statutory auditors, as well as the statutory accounts of Publicis Groupe S.A., for the fiscal years 2007 and 2006 prepared in accordance with French accounting standards, the corresponding reports of the statutory auditors included in the Documents de Référence (Chapters 4, 5, 6, 7, 9, 10, 12, 18 and 20) filed with the AMF on March 19, 2008, under number D.08-132 and on March 30, 2007, under number D.07-0255; and - the reports of the statutory auditors on the information concerning the agreements with related parties covered by Article L.
    [Show full text]
  • R Kirkstall Industrial Park Carlsbad, Ca 92008 Okhla Industrial Area Ph2 Leeds Ls4 2Az New Delhi 110020 United Kingdom India
    Case 2:16-bk-24862-BB Doc 262 Filed 01/13/17 Entered 01/13/17 14:04:01 Desc Main Document Page 1 of 67 1 Scott F. Gautier (State Bar No. 211742) [email protected] 2 Kevin D. Meek (State Bar No. 280562) [email protected] 3 ROBINS KAPLAN LLP 2049 Century Park East, Suite 3400 4 Los Angeles, CA 90067 Telephone: 310 552 0130 5 Facsimile: 310 229 5800 6 Attorneys for Debtor and Debtor in Possession 7 8 UNITED STATES BANKRUPTCY COURT 9 CENTRAL DISTRICT OF CALIFORNIA 10 LOS ANGELES DIVISION 11 LLP AW L 12 In re: Case No. 2:16-bk-24682-BB T A 13 NASTY GAL INC., a California Chapter 11 NGELES APLAN A corporation, K OS 14 PROOF OF SERVICE RE: L Debtor and Debtor in Possession. TTORNEYS A 15 (1) NOTICE OF CLAIMS DEADLINE OBINS [DOCKET NO. 253] R 16 (2) OFFICIAL FORM 410- 17 INSTRUSCTIONS FOR PROOF OF CLAIM 18 (3) OFFICIAL FORM 410-PROOF OF 19 CLAIM 20 21 22 23 24 25 26 27 28 1 61279344.1 Case 2:16-bk-24862-BB Doc 262 Filed 01/13/17 Entered 01/13/17 14:04:01 Desc Main Document Page 2 of 67 Case 2:16-bk-24862-BB Doc 262 Filed 01/13/17 Entered 01/13/17 14:04:01 Desc Main Document Page 3 of 67 EXHIBIT A Nasty Gal Inc.Case - U.S. Mail 2:16-bk-24862-BB Doc 262 Filed 01/13/17 Entered 01/13/17 14:04:01 DescServed 1/12/2017 Main Document Page 4 of 67 1 MODEL MANAGEMENT 12FIVE CAPITAL 2.7 AUGUST APPAREL INC.
    [Show full text]
  • Steven Foster Photography Medicinal Plants- Volume 1 CD-ROM
    lndena science. There before it even started growing. Still there We put our 80 years of after scientific expertise and consumers commitment to quality to work even before our raw buy your materials germinate. product. We supervise plant cultivation and ensure Good Agricultural Practices are observed. We don't let up for a moment during the extraction of active principles, in accordance with Good Manufacturing Practices. And our exhaustive analysis of the finished product, using validated methods, allows you to offer your customers the quality standards of tomorrow, today. To have the world leader as a partner, just get in touch. I ch inde_.,.- www.indena.it Headquarters: lndena S.p.A.- Viale Ortles, 12-20139 Milan -Italy- tel. +31t;Ui~ lndena USA, Inc. -1001 Fourth Avenue Plaza, Suite 3714- Seattle, WA 98154 -tel. lndena USA East, Inc.- 1719 Route 10 East, Suite 311 -Parsippany, NJ 07054- tel. The American Botanical Council Invites You to Join Us The American Botanical Council is the leading nonprofit education and research organization disseminating science-based information to promote the safe and effective use of medicinal plants and phytomedicines. Join those who have discovered the value of membership! ince 1988, the nonprofit American Botanical Council Educational Literature has worked to educate the public, healthcare practition­ S ABC continues to develop and dis­ ers, media, and government agencies on the safe and effec­ tribute educational literature to tive use of medicinal plants and phytomedicines. Individu­ advance the field of phytomedicine. als, organizations and companies who share our vision As an independent research organi­ support our goals through membership.
    [Show full text]
  • China and LA County, BYD Has Offices in Europe, Japan, South Korea, India, Taiwan, and Other Regions
    GROWING TOGETHER China and Los Angeles County GROWING TOGETHER China and Los Angeles County PREPARED BY: Ferdinando Guerra, International Economist Principal Researcher and Author with special thanks to George Entis, Research Assistant June, 2014 Los Angeles County Economic Development Corporation Kyser Center for Economic Research 444 S. Flower St., 37th Floor Los Angeles, CA 90071 Tel: (213) 622-4300 or (888) 4-LAEDC-1 Fax: (213)-622-7100 E-mail: [email protected] Web: http://www.laedc.org The LAEDC, the region’s premier business leadership organization, is a private, non-profit 501(c)3 organization established in 1981. GROWING TOGETHER China and Los Angeles County As Southern California’s premier economic development organization, the mission of the LAEDC is to attract, retain, and grow businesses and jobs for the regions of Los Angeles County. Since 1996, the LAEDC has helped retain or attract more than 198,000 jobs, providing over $12 billion in direct economic impact from salaries and over $850 million in property and sales tax revenues to the County of Los Angeles. LAEDC is a private, non-profit 501(c)3 organization established in 1981. Regional Leadership The members of the LAEDC are civic leaders and ranking executives of the region’s leading public and private organizations. Through financial support and direct participation in the mission, programs, and public policy initiatives of the LAEDC, the members are committed to playing a decisive role in shaping the region’s economic future. Business Services The LAEDC’s Business Development and Assistance Program provides essential services to L.A. County businesses at no cost, including coordinating site searches, securing incentives and permits, and identifying traditional and nontraditional financing including industrial development bonds.
    [Show full text]
  • Samena Trends Exclusively for Samena Telecommunications Council's Members Building Digital Economies
    Volume 05 _ Issue 11 _ November 2014 SAMENA TRENDS EXCLUSIVELY FOR SAMENA TELECOMMUNICATIONS COUNCIL'S MEMBERS BUILDING DIGITAL ECONOMIES A SAMENA Telecommunications Council Newsletter Articles Open Digital Roadmap for Growth and Innovation Page 54 ICT Trends in Jordan Page 24 Digital Innovation for Market Leaders: Disruption minus the disruption Page 49 Start with the data, not the problem Page 56 Talal Said Marhoon Al Mamari Chief Executive Officer Omantel Building Customer Loyalty through VAS www.samenacouncil.org SAMENA CONTENTS VOLUME _ 05 _ISSUE _ 11_nov_2014 TRENDS The SAMENA TRENDS newsletter is REGIONAL & MEMBERS wholly owned and operated by The UPDATES SAMENA Telecommunications Council 09. Regional & Members News FZ, LLC (SAMENA). Information in the newsletter is not intended as professional services advice, and SAMENA Council disclaims any liability for use of specific REGULATORY & POLICY information or results thereof. Articles UPDATES and information contained in this 18. Regulatory News publication are the copyright of SAMENA Telecommunications Council, (unless A Snapshot of Regulatory Activities otherwise noted, described or stated) in SAMENA Region and cannot be reproduced, copied or printed in any form without the express written permission of the publisher. WHOLESALE UPDATES The SAMENA Council does not necessar- 43. Wholesale News ily endorse, support, sanction, encour- age, verify or agree with the content, comments, opinions or statements made in The SAMENA TRENDS by any entity TECHNOLOGY UPDATES or entities. Information, products and 51. Technology News services offered, sold or placed in the newsletter by other than The SAMENA 49. Digital Innovation for Market Leaders: Council belong to the respective entity EDITORIAL Disruption minus the disruption or entities and are not representative of The SAMENA Council.
    [Show full text]
  • Annu Al Guide 17/18
    Television Asia Plus Annual Guide 2017/2018 Guide Annual Plus Asia Television ANNUAL GUIDE 17/18 MCI (P) 047/06/2017 PPS 1812/01/2013 (025534) ISSN0219-6166 MCI (P)047/06/2017PPS1812/01/2013 www.onscreenasia.com ONTENTS C TERRITORIES CHANNELS CONTENT PROVIDERS & OTT PLATFORMS Australia 2 BBC Worldwide Asia 40 China 5 CNBC Asia Pacifi c 42 AJA Video Systems 60 Hong Kong 9 The Walt Disney Company 43 Caracol Televisión 63 India & Subcontinent 10 Euronews 44 Deutsche Welle 64 Indochina & Myanmar 14 GMA Worldwide Inc. 45 Keshet International 66 Indonesia 16 NBCUniversal International Networks 46 Telemundo 67 Japan 18 PCCW Media Limited 47 Standard Listings 68 Macau 20 Scripps Networks Interactive 48 Malaysia 21 Sony Pictures Television Networks, Asia 50 SATELLITES & SERVICES New Zealand 24 Turner International Asia Pacifi c 52 ABS 87 Philippines 25 VR Educate 53 STN 88 Singapore 26 Viacom International Media Networks 54 Standard Listings 88 • MediaCorp 29 Standard Listings 56 • StarHub 29 TECHNOLOGY South Korea 30 Standard Listings 91 Taiwan 34 Thailand 37 PUBLISHER MARKETING EXECUTIVE Ficus Zheng FINANCE Annie Tan fi [email protected] | (65) 6521 9775 FINANCE MANAGER Kenny Yeoh [email protected] | (65) 6521 9781 MARKETING EXECUTIVE Kenneth Peh [email protected] | (65) 6521 9740 [email protected] | (65) 6521 9787 EDITORIAL CEO Raymond Wong AD ADMIN EXECUTIVE Koe Shan Chan EDITORIAL DIRECTOR K. Dass [email protected] | (65) 6521 9777 [email protected] | (65) 6521 9741 [email protected]
    [Show full text]
  • * [email protected] 1
    * [email protected] 1. Backgrounds 1) Course of the Marketization Reform of Chinese Media The Chinese media marketization refers that the media enters the market as one kind of special enterprise and becomes a special part of the whole market system(Huang, S.M., & Ding, J.J., 1997). Other scholar believes that media marketization is the process that the non-commercial media becomes self-supporting based on its original ownership, political standpoint and editing policy. Media marketization will make the non-commercial media reduce or get rid of the dependence on government’s finances, which will promote them to obtain the independent status(Chen, H.L., 1996). Since China began to take the policy of reform and opening up in 1978, the Chinese media has also started a series of marketization reforms including commercialized management, restoring advertisement, setting up TV stations in four levels, newspaper handling its issuing by itself, setting up media groups etc. The main direction of the reform is that the government’s control on media is gradually relaxing and the market mechanism plays more and more role sin the media development. In 1978, Ministry of Finance of China authorized eight media, People’s Daily etc, to be the reform experimentation organizations to carry out the policy "institution1), commercialized management". In 1979, advertisement was restored, which was an important symbol of the media marketization reform because the media get the finance support 1) In China there is one kind of organization which is called shi ye dan wei. It is financed by the government and its leader is decided by the Communist Party of China(CPC) and the government.
    [Show full text]
  • ITUC Global Rights Index Europe 20 Explained 51
    2019 ITUC GLOBAL The World’s Worst RIGHTS INDEX Countries for Workers INTERNATIONAL TRADE UNION CONFEDERATION Demonstrators show their support for ex-President of Brazil Lula da Silva during a protest in Rio de Janeiro in April 2018. #LulaLibre Credit: Gian Martins/Mídia NINJA/AFP Contents Foreword 4 Most Violated Rights in the World 28 Increasing criminalisation of the right to strike 28 Highlights 6 Erosion of collective bargaining 31 Exclusion of workers from labour protection 33 Restrictions on access to justice 36 The 2019 Ratings 8 De-registration of unions 38 Arbitrary arrests, detention and imprisonment 40 World Map 8 The 2019 Country Ratings 10 Global Trends for Workers in 2019 42 Worst Region in the World 12 Democracy in crisis 42 Silencing the age of anger 45 Middle East and North Africa 12 Legislative power 49 Asia-Pacific 14 Africa 16 Americas 18 The ITUC Global Rights Index Europe 20 Explained 51 The World’s Ten Worst Countries Description of the Ratings 52 for Workers 22 Algeria 22 List of Indicators 53 Bangladesh 22 Brazil 23 Colombia 24 Guatemala 24 Kazakhstan 25 The Philippines 25 Saudi Arabia 26 Turkey 27 Zimbabwe 27 Foreword Democracy is in crisis. The systematic Worldwide, new technology has allowed employers dismantling of the foundations of to use various mechanisms to avoid paying minimum entitlements and exclude workers from labour laws. workplace democracy and the violent Recent technological leaps in the ways that work can repression of strikes and protests be allocated and accessed has resulted in increased incidences of workers being denied rights under the put at risk peace and stability.
    [Show full text]
  • Radio and Television Correspondents' Galleries
    RADIO AND TELEVISION CORRESPONDENTS’ GALLERIES* SENATE RADIO AND TELEVISION GALLERY The Capitol, Room S–325, 224–6421 Director.—Michael J. Mastrian Deputy Director.— Ellen Eckert Senior Media Coordinators: Michael Lawrence, Erin Yeatman Media Coordinators: Jason Botelho, Charles Moxley HOUSE RADIO AND TELEVISION GALLERY The Capitol, Room H–320, 225–5214 Director.— Olga Ramirez Kornacki Deputy Director.—Andy Elias Senior Media Logistics Coordinator.—Kim Oates Media Logistics Coordinators: Ryan Dahl, Kinsey Harvey, Leah Kaplan, Chris Carpenter EXECUTIVE COMMITTEE OF THE RADIO AND TELEVISION CORRESPONDENTS’ GALLERIES Craig Caplan, C–SPAN, Chair Walt Cronkite, CBS, Vice Chair Abigail Robertson, CBN, Treasurer Paul Courson, Sinclair Broadcasting Mariam Khan, ABC Jacqueline Policastro, Gray TV RULES GOVERNING RADIO AND TELEVISION CORRESPONDENTS’ GALLERIES 1. Persons desiring admission to the Radio and Television Galleries of Congress shall make application to the Speaker, as required by Rule 34 of the House of Representatives, as amended, and to the Committee on Rules and Administration of the Senate, as required by Rule 33, as amended, for the regulation of the Senate wing of the Capitol. Applicants shall state in writing the names of all radio stations, television stations, systems, or newsgathering organizations by which they are employed and what other occupation or employ- ment they may have, if any. Applicants shall further declare that they are not engaged in the prosecution of claims or the promotion of legislation pending before Congress,
    [Show full text]
  • Interim Report 2014 3 MANAGEMENT DISCUSSION and ANALYSIS
    CONTENTS Corporate Information 2 Management Discussion and Analysis 4 Disclosure of Interests 17 Share Award Plan and Share Option Scheme 20 Other Information 21 Independent Auditor’s Review Conclusion 23 Interim Condensed Consolidated Statement of 25 Comprehensive Income Interim Condensed Consolidated Balance Sheet 27 Interim Condensed Consolidated Statement of 29 Changes In Equity Interim Condensed Consolidated Statement of Cash Flows 30 Notes to the Condensed Consolidated Financial Statements 31 CORPORATE INFORMATION BOARD OF DIRECTORS REGISTERED OFFICE Executive Directors Cricket Square Mr. Lo Chi Sum (盧志森) Hutchins Drive Mr. Leung Wing Fai (梁榮輝) P.O. Box 2681 Mr. Zhou Jue (周珏) Grand Cayman, KY1-1111 Mr. Sun Qingjun (孫清君) Cayman Islands Mr. Huang He (黃河) Mr. Geng Liang (耿亮) HEADQUARTERS AND PRINCIPAL PLACE OF BUSINESS Independent non-executive IN THE PRC Directors Building H8, Privy Council No. 10 Jiachuang Road Mr. Ma Guoli (馬國力) Opto-Mechatronics Industrial Park Dr. Ng Chi Yeung, Simon (吳志揚) Tongzhou District Mr. Hung Muk Ming (洪木明) Beijing 101111 the PRC AUTHORISED REPRESENTATIVES Mr. Leung Wing Fai PRINCIPAL PLACE OF BUSINESS Ms. Ngai Kit Fong IN HONG KONG Unit 901–902 AUDIT COMMITTEE 9th Floor Mr. Hung Muk Ming (Chairman) Tins Enterprises Centre Mr. Ma Guoli 777 Lai Chi Kok Road Dr. Ng Chi Yeung, Simon Kowloon Hong Kong REMUNERATION COMMITTEE Dr. Ng Chi Yeung, Simon (Chairman) AUDITORS Mr. Ma Guoli PricewaterhouseCoopers Mr. Hung Muk Ming Mr. Lo Chi Sum COMPLIANCE ADVISER Mr. Leung Wing Fai CCB International Capital Limited NOMINATION COMMITTEE CAYMAN ISLANDS SHARE Mr. Lo Chi Sum (Chairman) REGISTRAR AND TRANSFER Mr. Hung Muk Ming OFFICE Dr.
    [Show full text]
  • Development of China's News Media
    Development of China’s News Media (Released in 2020) All-China Journalists Association Contents Preface ............................................................................................................................................................... 1 Development of News Media in China: An Overview ....................................................................................... 2 I. Media scale and industry trends ......................................................................................................................... 2 i. Newspapers: Printed newspapers shrank in circulation, and continued digital transformation ....... 3 ii. Radio and television: Traditional radio and television were still large in scale, and the online audio-visual industry developed strongly .......................................................................................... 10 iii. News agencies: They continued to improve their capabilities of integrated reporting, with the largest increase in audio and video releases ................................................................................... 18 II. Technological innovation and application in media........................................................................................ 21 i. The development of 5G network pioneered in the new application of high-tech video technology and live streaming technology .......................................................................................................... 21 ii. Innovative AI application made media production
    [Show full text]