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Annual Report 2020 3 Major Achievements

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Annual Report 2020 3 Major Achievements Report of Corporate Governance Lianhua Supermarket Holdings Inner Co. , Ltd. Hebei Mongolia 0 0 (“Lianhua Supermarket” or the “Company”) 1 5 commenced its business in Shanghai in 1991. 0 0 In the past 29 years, it has developed into a nationwide retail chain operator with a full range of retail segments, expanding through a Beijing Shanghai combination of direct operation, franchises and 1 31 merger and acquisitions. As at 31 December 1 1,251 2020, Lianhua Supermarket and its subsidiaries 13 567 (the “Group”) operated a total of 3,192 outlets (excluding those operated by the Company’s associated companies) in 20 provinces and municipalities across the nation. The Company has maintained its leading position in the fast moving consumer goods retail industry in the People’s Republic of China (the “PRC”). Lianhua Supermarket was the first Chinese retail chain operator to be listed on The Stock Exchange of Hong Kong Limited (the “Stock Heilongjiang Anhui Exchange”) on 27 June 2003. 1 9 0 50 The Group operates in three main retail 0 0 segments – hypermarkets, supermarkets and convenience stores, catering for the Yunnan diverse needs of consumers. These three Qinghai 0 segments expand under the brand names of 0 4 “Century Mart”, “Lianhua Supermarket”, 4 0 “Hualian Supermarket” and “Lianhua Quik”, 0 respectively. In recent years, “Lianhua Supermarket”, “Hualian Supermarket” and “Lianhua Quik” have been awarded as one of the China Outstanding Franchise Brands Zhejiang Shandong （「 中 國 by the Franchise Committee of 67 0 優秀特許品牌」） China Chain Store & Franchise Association. 312 112 166 0 Hypermarket Supermarket Convenience Store Contents Lianhua Supermarket operated a total of 3,192outlets Henan Liaoning 9 0 11 0 0 174 Guangdong Guangxi Hunan Shanxi 0 3 0 0 2 212 17 1 0 0 0 0 Hainan 0 5 Contents 0 2 Corporate Information 4 Major Achievements 10 Chairman’s Statement 18 Five Years Financial Highlights 20 Management Discussion and Analysis 46 Profiles of Directors, Supervisors and Senior Jiangsu Management 18 56 Shareholding Structure Fujian 139 1 1 58 Report of the Directors 0 102 Report of Corporate Governance 0 124 Report of the Supervisory Committee Gansu 129 Independent Auditor’s Report 0 134 Consolidated Statement of Profit or Loss and 4 Other Comprehensive Income 0 135 Consolidated Statement of Financial Position 137 Consolidated Statement of Changes in Equity 138 Consolidated Statement of Cash Flows 140 Notes to the Consolidated Financial Statements 222 Appendix I Environmental, Social and ： Governance Report Corporate Information Corporate Information Directors Nomination Committee Mr. Ye Yong-ming (Chairman) Executive Director Mr. Chen Wei Mr. Xu Tao Mr. Xia Da-wei Mr. Zhao Xin-sheng Non-executive Directors Mr. Ye Yong-ming (Chairman) Supervisors Ms. Xu Zi-ying (Vice Chairman) Mr. Yang A-guo (Chairman) Mr. Xu Hong Ms. Tao Qing (Retired on 22 June 2020) Mr. Qian Jian-qiang (Retired on 22 June 2020) Mr. Li Feng Ms. Zhang Shen-yu Ms. Tang Hao Ms. Zheng Xiao-yun (Retired on 22 June 2020) Mr. Dong Xiao-chun Joint Company Secretaries Mr. Wong Tak Hung Ms. Hu Li-ping (Retired on 2 July 2020) Independent Non-executive Directors Ms. Xu Xiao-yi Mr. Xia Da-wei Ms. Leung Shui Bing Mr. Lee Kwok Ming, Don Mr. Chen Wei Authorised Representatives Mr. Zhao Xin-sheng Mr. Xu Tao Ms. Hu Li-ping (Retired on 10 June 2020) Board Committees Ms. Xu Xiao-yi Audit Committee Mr. Lee Kwok Ming, Don (Chairman) International Auditor Mr. Xia Da-wei Deloitte Touche Tohmatsu Mr. Zhao Xin-sheng Registered Public Interest Entity Auditors Ms. Zheng Xiao-yun (Retired on 22 June 2020) Mr. Dong Xiao-chun Legal Advisers to the Company Remuneration and Appraisal Committee As to Hong Kong laws Mr. Xia Da-wei (Chairman) Baker & McKenzie Ms. Xu Zi-ying Mr. Chen Wei As to PRC laws Mr. Zhao Xin-sheng Grandall Law Firm (Shanghai) Strategic Committee Investors and Media Relations Mr. Ye Yong-ming (Chairman) Consultant Ms. Xu Zi-ying Mr. Xu Hong Christensen China Limited Mr. Xu Tao Mr. Qian Jian-qiang (Retired on 22 June 2020) Principal Bankers Ms. Zhang Shen-yu Industrial and Commercial Bank of China Pudong Development Bank China Merchants Bank 2 Lianhua Supermarket Holdings Co., Ltd. Corporate Information Registered and Business Office Share Information Registered Office in the PRC Listing Place Room 713, 7th Floor The Stock Exchange of Hong Kong Limited No. 1258 Zhen Guang Road Shanghai, PRC Listing Date 27 June 2003 Place of Business in the PRC 5th to 14th Floors Stock Code No. 1258 Zhen Guang Road 980 Shanghai, PRC Number of H shares Issued Principal Place of Business in Hong 372,600,000 H shares Kong Year-end Date 16th Floor, Methodist Building, 36 Hennessy Road, 31 December Wanchai, Hong Kong Results Announcements Interim Results for 2020 were published on Telephone 28 August 2020 86 (21) 5262 9922 Annual Results for 2020 were published on 29 March 2021 Fax 86 (21) 5279 7976 Dividends Interim Dividends: Nil Company Website Proposed Final Dividends: Nil lianhua.todayir.com Shareholder’s Enquiries Contact Information of the Company Office of the Board Tel: 86 (21) 5278 9576 Fax: 86 (21) 5279 7976 Hong Kong Share Registrar and Transfer Office Computershare Hong Kong Investor Services Limited Shops 1712-1716 17th Floor, Hopewell Centre 183 Queen’s Road East Wanchai Hong Kong Annual Report 2020 3 Major Achievements Major Achievements January February Century Lianhua Suzhou Lianfeng store operated by Wuhu Zhongshan store operated by Anhui Century Lianhua Supermarket (Jiangsu) Co., Ltd (“Lianhua Lianhua Development Co., Ltd. (“Lianhua Anhui Jiangsu Company”) was awarded as the “2019 Company”) was the first supermarket in Wuhu to be Suzhou Industrial Park Labor Security Credit Grade the “Government outlets for epidemic supplies” ( 「政 A Unit” 2019 A ) during the epidemic, supplying （「 年度蘇州工業園區勞動保障信用 級 府疫情物資售賣點」 by the Suzhou Industrial Park Labor Security about 10,000 bottles of medical alcohol (topical 單 位 」） Administration Department. disinfectant) at a discount price. Zhubai store in Shanghai Lingang New Area operated Hangzhou Lianhua Huashang Group Co., Ltd. by Shanghai Lianhua Supermarket Development (“Lianhua Huashang”)’s deeds in fighting the epidemic Co., Ltd (“Lianhua Supermarket Development”) and ensuring supply were reported in the special commenced business on 18 January 2020, marking program of CCTV News “Fight the Epidemic Together” the first commercial layout project after the ( ), which was watched by more than 80 「共 同戰「疫」」 implementation of the strategic cooperation between million viewers online. During the epidemic period, the Administrative Committee of Lingang New Area 154 mainstream media outlets publicized Lianhua of China (Shanghai) Pilot Free Trade Zone and Bailian Huashang, with more than 4,000 articles in the paper Group Co., Ltd. (“Bailian Group”) and its debut in media and more than 700 TV reports. Lingang New Area. Lianhua Whale-Choice of Lianhua Huashang opened Luban store operated by Shanghai Century Lianhua a new shopping model of “community to home” ( 「社 Supermarket Development Co., Ltd. (“Century ) to supply fresh vegetables to community 群到家」 Lianhua”) was awarded a certificate of appreciation residents, realizing online order and offline zero-contact by Shanghai Huangpu District Business Committee for delivery. The whale selection service station entered the outstanding contribution made by Century Lianhua the community and took the lead in Linping Yu Ting Luban store in the work of creating a national civilized community. city in the commercial system of Huangpu District in 2019, regulating the construction of window services March and showing the new style of civilization in the Wang Jing-jing, the fresh food director of Lianfeng store industry. operated by Lianhua Jiangsu Company, was awarded the title of “2019 Shanghai State-owned Assets Supervision and Administration Commission (SASAC) System Young Technician” ( 2019 「 年度上海市國資委系統青年技術能 ) for outstanding performance in the “Youth State- 手」 owned Enterprises” ( ) merit competition of 「青春國企」 Shanghai SASAC System. April Lianhua Huashang was awarded the title of “Demonstration Point of Market Operation Data Monitoring in Zhejiang Province” ( 「浙江省市場運 ) issued by the Department of 行數據監測示範點」 Commerce of Zhejiang Province. 4 Lianhua Supermarket Holdings Co., Ltd. Major Achievements May July Lianhua Anhui Company actively participated in the Wanhang store and Wuxi store of Lianhua “precise poverty alleviation” ( ) campaign Supermarket Development have completed the launch 「精准扶貧」 called by the local street community, and twinned of digital systems. As of the end of 2020, Lianhua with the government of Luyang District, Hefei City, Supermarket Development has completed the online Anhui Province, to donate money to poor students in operation of 55 stores, marking the beginning of Yingshang County, Anhui Province. Lianhua Supermarket Development’s digital era. Hefei Yuanyi Binshui City store operated by Lianhua Lianhua Huashang was awarded the title of Anhui Company was awarded as “Model Unit of “Hangzhou City-level Operating Company of Zhejiang- Reliable Consumption” ( ) by Xinjiang ‘100 Stores in 10 Cities’ Project” ( 「放心消費示範單位」 「浙江新 Consumers Council of Luyang District, Hefei City. ) issued by 疆「十城百店」工程杭州市級運營公司」 People ’s Government of Aksu and Hangzhou Aid Lianhua Anhui Company Implemented the “donate Headquarters for Xinjiang. money for schooling” ( ), and together 「捐資助學」 with the community streets, helped Huangbai Village, Niufu Town, Wuwei City to fight against poverty and care for school-age children in poor areas. Xianxia store of Century Lianhua was awarded the title of “2019 Women’s Civilized Position” ( 2019 「 年巾幗文 ) by Shanghai Women’s Federation and Shanghai 明崗」 Federation of Trade Unions. June Xinghua store operated by Lianhua Anhui Company was evaluated as a “Model Unit of Reliable Consumption” in Luyang District by the Consumers Interest Protection Committee of Luyang District, Hefei City. Lianhua Huashang was awarded the title of “Enterprise with Outstanding Contribution to the Market Supply of Zhejiang Province for the Prevention and Control of New Coronavirus Epidemic” by the Department of Commerce of Zhejiang Province.
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