DOCSLIB.ORG

2014 ANNUAL REPORT 1 BANK of NINGBO Co.,Ltd 2 2014 ANNUAL REPORT 3 BANK of NINGBO Co.,Ltd 1

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
2014 ANNUAL REPORT 1 BANK of NINGBO Co.,Ltd 2 2014 ANNUAL REPORT 3 BANK of NINGBO Co.,Ltd 1 2014 ANNUAL REPORT 1 BANK OF NINGBO Co.,Ltd 2 2014 ANNUAL REPORT 3 BANK OF NINGBO Co.,Ltd 1 Chapter One Important Notes The Board of Directors, Board of Supervisors, directors, supervisors and senior managers of the Company ensure the authenticity, accuracy and completeness of contents, and guarantee no fraulds, misleading statements or major omissions in this report. They are willing to burden any individual and joint legal responsibilities. All the directors, supervisors and senior managers are able to guarantee the authenticity, accuracy and completeness of this report without any objection. The 6th meeting of the 5th Board of Directors of the company approval the text and abstract of 2014 Annual Report on 24 April 2015. 15 out of 17 directors were present. Director Li Hanqiong authorize director Chen Guanghua to vote. Director Ben Shenglin authorize director Zhu Jiandi to vote. Part of supervisors attended this meeting as well. The Company's profit distribution plan was passed by the Board of Directors as follows: taking the total share capital on 31 Dec. 2014 as the base number, cash bonus of RMB 4.5 yuan (including tax) per 10 shares was distributed to all shareholders, and 2 shares for every 10 shares were given by converting capital reserve into share capital. This plan will be submitted to 2014 general meeting of stockholders for further approval. The Chairman of the board Mr. Lu Huayu, the president Mr. Luo Mengbo, the vice president Mr. Luo Weikai, who is in charge of accounting, and the general manager of accounting department Ms. Sun Hongbo hereby declare to pledge the authenticity, accuracy and completeness of financial statements in the annual report. Financial data and indicators included in this annual report are following the criterias of the Chinese Accounting Standard for Business Enterprises. All data in the consolidated financial statements of Bank of Ningbo Co., Ltd. and its subsidiary Yongying Fund Management Co., Ltd. is subject to the unit of RMB except for further explanation. Ernst & Young Hua Ming LLP audited the 2014 Financial Statements of the Company in accordance with domestic accounting principles and signed off longtop's financial statements. The forward-looking statements in this annual report including future plans are not commitments to investors. Thus please pay attention to investment risks. Major risks The company has described major risks and will adopt the measures to control risks. For details, please refer to relevant contents about risk management in Sectoion Six Report of the Board of Directors. 2014 ANNUAL REPORT 2 Contents Chapter One Important Notes ----------------------------------------------------- 001 Chapter Two Company Profile ---------------------------------------------------- 003 Chapter Three Highlights of Accounting Data and Financial Indicators ----- 008 Chapter Four Chairman's Statement --------------------------------------------- 013 Chapter Five President's Statement --------------------------------------------- 015 Chapter Six Report of the Board of Directors ------------------------------ 017 Chapter Seven Important Matters -------------------------------------------------- 085 Chapter Eight Changes in Share Capital and Shareholding --------------- 099 Chapter Nine Directors, Supervisors, Senior Manager and Basic Information on Employees --------------------------------------- 111 Chapter Ten Corporate Governance -------------------------------------------- 131 Chapter Eleven Internal Control ------------------------------------------------------ 142 Chapter Twelve Financial Statements ---------------------------------------------- 154 Chapter Thirteen Catalogue ------------------------------------------------------------- 155 Chapter Fourteen Audited Financial Statement ------------------------------------ 156 BANK OF NINGBO Co.,Ltd 3 Chapter Two Company Profile I. Company Information Abbreviation of Stock Bank of Ningbo Stock Code 002142 Stock Exchange Listed Shenzhen Stock Exchange Chinese Name 宁波银行股份有限公司 Chinese Abbreviation 宁波银行 English Name Bank of Ningbo Co., Ltd English Abbreviation Bank of Ningbo Legal Representative Lu Huayu No.700, South Ningnan Road, Yinzhou District, Ningbo Registered Address City, Zhejiang Province, China Post Code of Registered Address 315100 No.700, South Ningnan Road, Yinzhou District, Ningbo Office Address City, Zhejiang Province, China Post Code of Office Address 315100 Website WWW.NBCB.COM.CN E-mail [email protected] II. Contact Secretary of the Board of Directors Securities Affairs Representative Name Yang Chen Chen Junfeng No.700, South Ningnan Road, Yinzhou No.700, South Ningnan Road, Yinzhou Address District, Ningbo City, Zhejiang Province District, Ningbo City, Zhejiang Province Telephone 0574-87050028 0574-87050028 Fax 0574-87050027 0574-87050027 E-mail [email protected] [email protected] 2014 ANNUAL REPORT 4 Chapter Two Company Profile（continued） III. Information Disclosure and Place of Maintenance Newspaper Nominated by the Company for China Securities Journal, Shanghai Securities information disclosure News, Securities Times and Securities Daily Website Nominated by China Securities Regulatory Commission (CSRC) for Anuual http://www.cninfo.com.cn Report Publishment Office of the Board of Directors of Bank of Place for Maintenance of the Annual Report Ningbo Co., Ltd. IV. Registration Changes Registration No. of Registration Registration Business License Organization Tax Registration No. Date Place of Enterprise as Code Legal Person Ningbo G.S.Y.Z.NO. Administrative Initial April 10th, No. 330201711192037, Bureau for 71119203-7 Registration 1997 330200400003994 S.Y.D.Z. NO. Industry and 330204711192037 Commerce Changes of Main Business None After Listing Changes of Controlling Shareholders None in the Past V. Other Information (I) Accounting firm appointed by the company Name of Accounting Airm Ernst & Young Hua Ming LLP (Limited Liability Parternership ) Office Address of the Floor 50 of Shanghai World Financial Center, No.100, Century Accounting Firm Avenue, Shanghai City Signed Accountants Guo Hangxiang, Chen Sheng BANK OF NINGBO Co.,Ltd 5 Chapter Two Company Profile（continued） (II) Sponsor Institution Engaged for Continuous Supervision during the Reporting Period Office Address of the Sponsor Period of Continuous Sponsor Institution Sponsor Institution Representative Supervision CITIC Securities Mansion, No.48, Liangmaqiao Road, Chaoyang District, From Oct.9, 2014 to the Beijing CITIC Securities Jiang Yin, Qiu Zhiqian end of 2015 accounting CITIC Securities year Mansion, No.8, Central 3rd Road, Futian District, Shenzhen City, Guangdong Province (III) During the reporting period, there is no need for the Company to engage a financial consultant to perform the duty of continuous supervision. VI. Development Vision, Enterprise Culture and Investment Value (I) Development Vision: to develop as a respected modern commercial bank with a good reputation and core competitiveness (II) Enterprise Culture: honesty and professionalism, compliance and efficiency, integration and innovation (III) Investment Value: 1. Adhere to the entry principle of "knowing the market and understanding the customers", insist on creating eight profit centers, namely Cooperate Banking, Retail Banking, Personal Banking, Financial Market, Credit Card Center, Bill Business, Investment Banking, Asset Custody, etc., so as to form a diversified profit growth mode. 2. Adhere to the development strategy of "joint development of regional markets", continue to promote unified actions between the head office、branches and sub-branches, comprehensively design business procedures, and continuously enhance execution construction. The scale and profit of branches have exceeded fifty percent, of the whole company, the scale and profit of Personal Banking and Retail Company in Ningbo are increased to 50% as well. 2014 ANNUAL REPORT 6 Chapter Two Company Profile（continued） 3. Follow business aim of "being well-matched, serving small and medium-sized enterprises", offer specialized financing service to customers; since the smooth running of Maxwealth Fund Management Co., Ltd. which is dominated by the Company, Maxwealth Financial Leasing Co., Ltd., as company's wholly-owned subsidiary, is authorized. The means of services become more flexible, while the range is widen. 4. Abide by the concept "reducing cost by controlling risk", build a full-process risk management mode and a vertical independent credit approval system, strictly implement the five mechanisms for prevention and continue to optimize compliance management, so as to keep asset quality at a good level and to prevent various risks effectively. VII. Major Awards and Rankings in 2014 (I) In January, 2014, "Best Small and Medium-Sized Commercial Bank" on the 2nd "Leading China" Summit Forum of innovation and development in financial industry, which was jointly hold by JRJ. com and PBC School of Finance in the Tsinghua University; (II) In May, 2014, "2013 Best Small and Medium-Sized Corporate" in the 1st competition of listed companies, organized by Sina Finance; (III) In May, 2014, special award of the 3rd Ningbo "Top Ten Donation Enterprises" issued by the Ningbo Charity Federation; (IV) In June, the third place of "2013 Scientific and Technological Development Award" offered by the Head Office of the People's Bank of China in the platform of company's medium and small-sized enterprise online financing business project; (V) In July, 2014, "2013 Best Jin Niu Investor Award" by China Securities Journal;
Load more

Recommended publications
  • FSSA China a Shares Fund Class III USD a Subfund of First Sentier Investors Global Umbrella Fund Plc (The Company)
    Monthly Fund Factsheet 31 August 2021 FSSA China A Shares Fund Class III USD a subfund of First Sentier Investors Global Umbrella Fund plc (the Company) Investment objective and policy Ten Largest Company Holdings The Fund aims to grow your investment. Stock Name % The Fund invests at least 70% of its assets in shares of companies listed Chinese Stock Exchanges. China Merchants Bank Co., Ltd. Class A 8.8 The Fund may invest up to 100% of its assets in any industry and in companies of Zhejiang Weixing New Building any size. 8.4 Materials Co. Ltd. Class A The Fund may invest up to 100% of its assets in China A Shares and up to 10% in China B shares. Bank of Ningbo 7.4 The Fund may use derivatives with the aim of risk reduction or efficient management. China Mengniu Dairy Co. Ltd. 5.4 Fund information Midea Group 4.4 China Resources Land Limited 4.1 Fund Launch Date 04 June 2019 S.F. Holding Co., Ltd. Class A 4.0 Share Class Launch Date 26 July 2019 Gree Electric Appliances, Inc. of Zhuhai Fund Size (US$m) 974.2 3.1 Co., Ltd. Class A Benchmark MSCI China A Onshore Net Index Zhejiang Chint Electrics Co., Ltd Class A 3.1 Number of holdings 43 Ping An Insurance (Group) Company of 2.9 Fund Manager(s) Winston Ke/Martin Lau China, Ltd. Class A Minimum Investment US$500,000 Initial charge 0%< Sector Breakdown Ongoing Charges † 1.50% Industrials 32.4% (15.5%*) Financials 21.8% (18.1%*) Share Type Accumulation Consumer Discretionary 10.5% (8.3%*) Sedol BKF2S62 Health Care 9.4% (9.5%*) Consumer Staples 9.1% (11.7%*) ISIN IE00BKF2S627 Real Estate 4.7%
    [Show full text]
  • SGS-Safeguards 04910- Minimum Wages Increased in Jiangsu -EN-10
    SAFEGUARDS SGS CONSUMER TESTING SERVICES CORPORATE SOCIAL RESPONSIILITY SOLUTIONS NO. 049/10 MARCH 2010 MINIMUM WAGES INCREASED IN JIANGSU Jiangsu becomes the first province to raise minimum wages in China in 2010, with an average increase of over 12% effective from 1 February 2010. Since 2008, many local governments have deferred the plan of adjusting minimum wages due to the financial crisis. As economic results are improving, the government of Jiangsu Province has decided to raise the minimum wages. On January 23, 2010, the Department of Human Resources and Social Security of Jiangsu Province declared that the minimum wages in Jiangsu Province would be increased from February 1, 2010 according to Interim Provisions on Minimum Wages of Enterprises in Jiangsu Province and Minimum Wages Standard issued by the central government. Adjustment of minimum wages in Jiangsu Province The minimum wages do not include: Adjusted minimum wages: • Overtime payment; • Monthly minimum wages: • Allowances given for the Areas under the first category (please refer to the table on next page): middle shift, night shift, and 960 yuan/month; work in particular environments Areas under the second category: 790 yuan/month; such as high or low Areas under the third category: 670 yuan/month temperature, underground • Hourly minimum wages: operations, toxicity and other Areas under the first category: 7.8 yuan/hour; potentially harmful Areas under the second category: 6.4 yuan/hour; environments; Areas under the third category: 5.4 yuan/hour. • The welfare prescribed in the laws and regulations. CORPORATE SOCIAL RESPONSIILITY SOLUTIONS NO. 049/10 MARCH 2010 P.2 Hourly minimum wages are calculated on the basis of the announced monthly minimum wages, taking into account: • The basic pension insurance premiums and the basic medical insurance premiums that shall be paid by the employers.
    [Show full text]
  • Greening the Field? How Ngos Are Shaping Corporate Social Responsibility in China, In: Journal of Current Chinese Affairs, 43, 4, 75–110
    Journal of Current Chinese Affairs China aktuell Corporate Social Responsibility: Global Norms and Chinese Forms Davis, Susannah M. and Dirk C. Moosmayer, Greening the Field? How NGOs Are Shaping Corporate Social Responsibility in China, in: Journal of Current Chinese Affairs, 43, 4, 75–110. URN: http://nbn-resolving.org/urn/resolver.pl?urn:nbn:de:gbv:18-4-8008 ISSN: 1868-4874 (online), ISSN: 1868-1026 (print) The online version of this article and the other articles can be found at: <www.CurrentChineseAffairs.org> Published by GIGA German Institute of Global and Area Studies, Institute of Asian Studies in cooperation with the National Institute of Chinese Studies, White Rose East Asia Centre at the Universities of Leeds and Sheffield and Hamburg University Press. The Journal of Current Chinese Affairs is an Open Access publication. It may be read, copied and distributed free of charge according to the conditions of the Creative Commons Attribution-No Derivative Works 3.0 License. To subscribe to the print edition: <[email protected]> For an e-mail alert please register at: <www.CurrentChineseAffairs.org> The Journal of Current Chinese Affairs is part of the GIGA Journal Family which includes: Africa Spectrum ● Journal of Current Chinese Affairs ● Journal of Current Southeast Asian Affairs ● Journal of Politics in Latin America ● <www.giga-journal-family.org> Journal of Current Chinese Affairs 4/2014: 75–110 Greening the Field? How NGOs Are Shaping Corporate Social Responsibility in China Susannah M. DAVIS and Dirk C. MOOSMAYER Abstract: China’s state-led model of corporate social responsibility (CSR) does not seem to present a promising environment for the participation of non-governmental organizations (NGOs).
    [Show full text]
  • FTSE Publications
    2 FTSE Russell Publications 01 October 2020 FTSE Value Stocks China A Share Indicative Index Weight Data as at Closing on 30 September 2020 Index weight Index weight Index weight Constituent Country Constituent Country Constituent Country (%) (%) (%) Agricultural Bank of China (A) 4.01 CHINA Fuyao Glass Group Industries (A) 1.43 CHINA Seazen Holdings (A) 0.81 CHINA Aisino Corporation (A) 0.52 CHINA Gemdale (A) 1.37 CHINA Shanghai Fosun Pharmaceutical Group (A) 1.63 CHINA Anhui Conch Cement (A) 3.15 CHINA GoerTek (A) 2.12 CHINA Shenwan Hongyuan Group (A) 1.11 CHINA AVIC Investment Holdings (A) 0.61 CHINA Gree Electric Appliances Inc of Zhuhai (A) 7.48 CHINA Shenzhen Overseas Chinese Town Holdings 0.66 CHINA Bank of China (A) 2.23 CHINA Guangdong Haid Group (A) 1.24 CHINA (A) Bank Of Nanjing (A) 1.32 CHINA Guotai Junan Securities (A) 1.99 CHINA Sichuan Chuantou Energy (A) 0.71 CHINA Bank of Ningbo (A) 2 CHINA Hangzhou Hikvision Digital Technology (A) 3.56 CHINA Tbea (A) 0.86 CHINA Beijing Dabeinong Technology Group (A) 0.56 CHINA Henan Shuanghui Investment & Development 1.49 CHINA Tonghua Dongbao Medicines(A) 0.59 CHINA China Construction Bank (A) 1.83 CHINA (A) Weichai Power (A) 2.09 CHINA China Life Insurance (A) 2.14 CHINA Hengtong Optic-Electric (A) 0.59 CHINA Wuliangye Yibin (A) 9.84 CHINA China Merchants Shekou Industrial Zone 1.03 CHINA Industrial and Commercial Bank of China (A) 3.5 CHINA XCMG Construction Machinery (A) 0.73 CHINA Holdings (A) Inner Mongolia Yili Industrial(A) 6.32 CHINA Xinjiang Goldwind Science&Technology (A) 0.74
    [Show full text]
  • Prevalence and Determinants of Idiopathic Scoliosis in Primary School Children in Beitang District, Wuxi, China
    J Rehabil Med 2016 Preview ORIGINAL REPORT PREVALENCE AND DETERMINANTS OF IDIOPATHIC SCOLIOSIS IN PRIMARY SCHOOL CHILDREN IN BEITANG DISTRICT, WUXI, CHINA Yu Zheng, PhD1,2,3,5, Xiaojun Wu, MPH5, Yini Dang, MD4, Yan Yang, BSc5, Jan D. Reinhardt, PhD2,5,6,7 and Yingjie Dang, MD5 From the 1Department of Rehabilitation Medicine, West China Hospital, Sichuan University, 2Institute for Disaster Management and Reconstruction, Sichuan University-Hong Kong Polytechnic University, Chengdu, Sichuan, 3Interdisciplinary Division of Biomedical Engineering, The Hong Kong Polytechnic University, Hong Kong, 4The First Affiliated Hospital of Nanjing Medical University, Nanjing, 5Department of Rehabilitation Medicine, Wuxi Rehabilitation Hospital, Wuxi, Jiangsu, China, 6Swiss Paraplegic Research, Nottwil and 7Department of Health Sciences and Health Policy, University of Lucerne, Lucerne, Switzerland Objective: To study the prevalence of idiopathic scoliosis in INTRODUCTION children aged 6–13 years and the corresponding predictors in China, based on a representative sample from Beitang Scoliosis is a “three-dimensional torsional deformity of the District, Wuxi. spine and trunk” involving lateral curvature in the frontal plane, Methods: A total of 11,024 primary school students aged 6–13 axial rotation in the horizontal plane, and/or disturbance of the years were enrolled. Students who had an angle of trunk in- sagittal plane normal curvatures, kyphosis and lordosis (1). A clination (ATI) ≥ 5° (determined by the forward bending test common diagnostic criterion is a Cobb angle of 10° or more. (FBT) combined with a scoliometer) were referred to our Scoliosis can be classified into different types according to clinic for X-ray examination. Their diagnosis was confirmed age of onset, aetiology, severity and type of curve.
    [Show full text]
  • First State China a Shares Fund Class III USD a Subfund of First State Global Umbrella Fund Plc (The Company)
    Monthly Fund Factsheet 31 August 2020 First State China A Shares Fund Class III USD a subfund of First State Global Umbrella Fund plc (the Company) Investment objective and policy Ten Largest Company Holdings The Fund aims to grow your investment. Stock Name % The Fund invests at least 70% of its assets in shares of companies listed Chinese Stock Exchanges. Bank of Ningbo 7.9 The Fund may invest up to 100% of its assets in any industry and in companies of China Merchants Bank Co., Ltd. Class A 7.3 any size. The Fund may invest up to 100% of its assets in China A Shares and up to 10% in Zhejiang Weixing New Building 7.2 China B shares. Materials Co. Ltd. Class A The Fund may use derivatives with the aim of risk reduction or efficient management. Midea Group 5.7 Fund information S.F. Holding Co., Ltd. Class A 5.2 China Mengniu Dairy Co. Ltd. 5.2 Fund Launch Date 04 June 2019 Gree Electric Appliances, Inc. of Zhuhai Share Class Launch Date 26 July 2019 4.8 Co., Ltd. Class A Fund Size (US$m) 699.2 Shanghai M&G 3.9 Benchmark MSCI China A Onshore Index Yunnan Baiyao 3.9 Number of holdings 42 Anhui Heli Co Ltd - A 3.2 Fund Manager(s) Winston Ke/Martin Lau Minimum Investment US$500,000 Sector Breakdown < Initial charge 0% Industrials 28.1% (11.7%*) Ongoing Charges † 1.50% Consumer Discretionary 19.2% (8.2%*) Financials 17.8% (21.3%*) Share Type Accumulation Consumer Staples 9.7% (14.9%*) Sedol BKF2S62 Information Technology 6.9% (16.0%*) Health Care 6.4% (11.0%*) ISIN IE00BKF2S627 Real Estate 2.2% (3.4%*) Materials 1.8% (8.1%*) Annual Performance
    [Show full text]
  • First State All China Fund Class B GBP a Subfund of First State Investments ICVC (The Company)
    Monthly Fund Factsheet 31 August 2020 First State All China Fund Class B GBP a subfund of First State Investments ICVC (the Company) Investment objective and policy Ten Largest Company Holdings The Fund aims to grow your investment. Stock Name % The Fund invests primarily in a smaller portfolio of shares of companies with either assets in, or revenues derived from mainland China. The shares may be China Mengniu Dairy Co. Ltd. 6.2 listed in China, Hong Kong, Singapore or in a member state of the Organisation Shanghai Liangxin Electrical Co Ltd - A 6.1 for Economic Co-operation and Development. The Fund may use derivatives to reduce risk or to manage the Fund more Meituan Dianping 5.1 efficiently. Bank of Ningbo 4.9 Fund information Tencent Holdings Ltd. 4.7 Fund Launch Date 01 March 2017 Midea Group 4.1 Share Class Launch Date 24 November 2017 China Merchants Bank Co., Ltd. Class H 3.9 Fund Size (£m) 23.5 China Resources Land Limited 3.9 UK's Investment Association Zhejiang Weixing New Building China/Greater China 3.4 Sector Materials Co. Ltd. Class A Benchmark MSCI China All Shares Net Index* Alibaba Group Holding 3.4 Number of holdings 49 Fund Manager(s) Winston Ke/Helen Chen Sector Breakdown Available as ISA Yes, subject to ISA limits Industrials 24.7% (7.1%*) Consumer Discretionary 22.0% (25.9%*) Minimum Investment £1,000/£50 per month Financials 11.8% (16.1%*) Initial charge 0%< Information Technology 9.4% (8.4%*) Consumer Staples 9.3% (8.7%*) Ongoing Charges † 1.25% Health Care 8.8% (7.3%*) Share Type Accumulation Communication Services 6.5% (15.0%*) Real Estate 3.9% (3.9%*) Sedol BZCCYN9 Other 0.0% (7.5%*) Cash 3.4% (0.0%*) ISIN GB00BZCCYN91 Fund Yield 0.6% * The benchmark and IA sector for this Fund have been identified as a means by which *Index Weight investors can compare the performance of the Fund and have been chosen because their constituents most closely represent the scope of the investable assets.
    [Show full text]
  • Table of Codes for Each Court of Each Level
    Table of Codes for Each Court of Each Level Corresponding Type Chinese Court Region Court Name Administrative Name Code Code Area Supreme People’s Court 最高人民法院 最高法 Higher People's Court of 北京市高级人民 Beijing 京 110000 1 Beijing Municipality 法院 Municipality No. 1 Intermediate People's 北京市第一中级 京 01 2 Court of Beijing Municipality 人民法院 Shijingshan Shijingshan District People’s 北京市石景山区 京 0107 110107 District of Beijing 1 Court of Beijing Municipality 人民法院 Municipality Haidian District of Haidian District People’s 北京市海淀区人 京 0108 110108 Beijing 1 Court of Beijing Municipality 民法院 Municipality Mentougou Mentougou District People’s 北京市门头沟区 京 0109 110109 District of Beijing 1 Court of Beijing Municipality 人民法院 Municipality Changping Changping District People’s 北京市昌平区人 京 0114 110114 District of Beijing 1 Court of Beijing Municipality 民法院 Municipality Yanqing County People’s 延庆县人民法院 京 0229 110229 Yanqing County 1 Court No. 2 Intermediate People's 北京市第二中级 京 02 2 Court of Beijing Municipality 人民法院 Dongcheng Dongcheng District People’s 北京市东城区人 京 0101 110101 District of Beijing 1 Court of Beijing Municipality 民法院 Municipality Xicheng District Xicheng District People’s 北京市西城区人 京 0102 110102 of Beijing 1 Court of Beijing Municipality 民法院 Municipality Fengtai District of Fengtai District People’s 北京市丰台区人 京 0106 110106 Beijing 1 Court of Beijing Municipality 民法院 Municipality 1 Fangshan District Fangshan District People’s 北京市房山区人 京 0111 110111 of Beijing 1 Court of Beijing Municipality 民法院 Municipality Daxing District of Daxing District People’s 北京市大兴区人 京 0115
    [Show full text]
  • Banks and Investors Against Future: NGO Research Reveals Top Financiers of New Coal Power Development
    Media Briefing & Press Conference Banks and Investors Against Future: NGO Research Reveals Top Financiers of New Coal Power Development Japanese and European banks top lenders, Chinese banks top underwriters US companies biggest institutional investors in the coal plant pipeline Madrid | December 5, 2019 Urgewald, BankTrack and 30 partner NGOs publish new research identifying the top financiers and investors behind the expansion of the world’s coal plant fleet. Following today’s release of the data, Urgewald, BankTrack and further NGO partners will discuss findings and provide further insights at a panel dis- cussion and a press conference at the UN Climate Summit on Saturday, Dec 7th at 11:30am and Monday, Dec 9th at 5:30pm. “The UN Secretary General, the IPCC and climate scientists worldwide have ti- me and again called for a speedy phase-out of coal-based energy production, but most financial institutions are still turning a deaf ear. Over the past 3 years, financial institutions have channeled US$ 745 billion to companies planning new coal power plants,” says Heffa Schuecking, director of Urgewald. The NGOs’ data covers both lending and underwriting between January 2017 and September 2019 for all 258 coal plant developers identified on Urgewald’s Global Coal Exit List. Altogether, there are still over 1,000 new coal power sta- tions or units in the pipeline. If built, these projects would add 570 GW to the global coal plant fleet, an increase of 28%. “Most of the top banks providing loans or investment banking services to the- se companies acknowledge the risks of climate change, but their actions are a slap in the face to the Paris Climate Agreement,” says Greig Aitken, climate campaigner at BankTrack.
    [Show full text]
  • AQR TM Emerging Multi-Style Fund June 30, 2021
    AQR TM Emerging Multi-Style Fund June 30, 2021 Portfolio Exposures NAV: $685,149,993 Asset Class Security Description Exposure Quantity Equity A-Living Services Ord Shs H 2,001,965 402,250 Equity Absa Group Ord Shs 492,551 51,820 Equity Abu Dhabi Commercial Bank Ord Shs 180,427 96,468 Equity Accton Technology Ord Shs 1,292,939 109,000 Equity Acer Ord Shs 320,736 305,000 Equity Adani Enterprises Ord Shs 1,397,318 68,895 Equity Adaro Energy Tbk Ord Shs 2,003,142 24,104,200 Equity Advanced Info Service Non-Voting DR 199,011 37,300 Equity Advanced Petrochemical Ord Shs 419,931 21,783 Equity Agricultural Bank of China Ord Shs A 288,187 614,500 Equity Agricultural Bank Of China Ord Shs H 482,574 1,388,000 Equity Al Rajhi Bank Ord Shs 6,291,578 212,576 Equity Alibaba Group Holding ADR Representing 8 Ord Shs 33,044,794 145,713 Equity Alinma Bank Ord Shs 1,480,452 263,892 Equity Ambuja Cements Ord Shs 305,517 66,664 Equity Anglo American Platinum Ord Shs 174,890 1,514 Equity Anhui Conch Cement Ord Shs A 307,028 48,323 Equity Anhui Conch Cement Ord Shs H 1,382,025 260,500 Equity Arab National Bank Ord Shs 485,970 80,290 Equity ASE Technology Holding Ord Shs 2,982,647 742,000 Equity Asia Cement Ord Shs 231,096 127,000 Equity Aspen Pharmacare Ord Shs 565,696 49,833 Equity Asustek Computer Ord Shs 1,320,000 99,000 Equity Au Optronics Ord Shs 2,623,295 3,227,000 Equity Aurobindo Pharma Ord Shs 3,970,513 305,769 Equity Autohome ADS Representing 4 Ord Shs Class A 395,017 6,176 Equity Axis Bank GDR 710,789 14,131 Equity Ayala Land Ord Shs 254,266 344,300
    [Show full text]
  • Next Tier 3 Suppliers 2020
    TIER 3 SUPPLIER SITES - Produced March 2021 SUPPLIER NAME ADDRESS SPINNING KNITTING WEAVING DYEING PRINTING Bangladesh A One Polar Ltd Vulta, Rupgonj, Nrayangonj ✓ ✓ ✓ AA Spinning Mill Ltd Nagar Howla, Sreepur, Gazipur District, Dhaka ✓ Aaron Denim Ltd Sukran, Mirzanagar, Nobinagar, Savar, Dhaka 1347 ✓ ✓ Abanti Colour Tex Ltd S A-646, Shashongaon, Enayetnagar, Fatullah, Narayanganj 1400 ✓ ✓ ✓ ACS Textiles Ltd Tetlabo, Rupgonj, Ward 3, Narayangonj, Dhaka 1400 ✓ ✓ ✓ Adury Knit Composite Ltd Karadi, Shibpur, Narsingdi Narshingdi Dhaka ✓ ✓ ✓ Akij Textile Mills Ltd Golora, Charkhanda, Manikgonj ✓ ✓ ✓ Al Haj Karim Textiles Ltd Kalampur, Dhamrai, Savar, Dhaka 1351 ✓ Alim Knit BD Ltd Nayapara, Kashimpur, Zitar Moor, Gazipur ✓ ✓ ✓ Alliance Knit Composite Ltd 8/118, Pukurpar, Zirabo, Ashulia, Savar, Dhaka-1341 ✓ ✓ ✓ Aman Spinning Mills Ltd Ashulia Highway, Zirabo, Ashulia, Savar, Dhaka ✓ Amantex Limited Boiragi Challa, Shreepur, Gazipur 1740, Dhaka ✓ ✓ ✓ Amber Cotton Mills Ltd Banglabazar, Bahadurpur, Razendrapur, Gazipur, Dhaka ✓ Amber Denim Mills Ltd (Unit 2) Unit 2, Banglabazar, Bahadurpur, Razendrapur, Gazipur, Dhaka ✓ ✓ Anjum Textile Mills Birampur, Madhobdi, Norshingd ✓ ✓ Anwar Silk Mills Ltd 186 Tongi Industrial Area, Tongi, Gazipur ✓ Apex Weaving and Finishing Mills Ltd East Chundora, Shafipur, Kaliakoar, Gazipur 1751 ✓ ✓ ✓ APS Group Kamar Gaon Pubail Road Gazipur ✓ ✓ Argon Denims Ltd Beraider Chala Po Gilaberaid Ps Sripur, Gazipur, 1742, Gazipur ✓ ✓ ✓ Arif Spinning Mill Ltd Mastarbari, Jamirdia, Valuka, Mymensingh ✓ Armada Spinning Mills
    [Show full text]
  • Fashion Made in China, the Leverage to Succeed Or the Doom to Fail in the Globalized World
    Student number: 152112176 Francisca Luísa Grilo Fernandes Master’s Thesis - Fashion Made in China, the leverage to succeed or the doom to fail in the globalized world - Hand-in date: 01.09.2014 Campus: BI Oslo Examination code and name: GRA 1900 Master Thesis Supervisor: Debbie Harrison Programme: Master of Science in Business Administration, Major in Strategy Master Thesis Report in GRA 1900 1.09.2014 Acknowledges This master thesis represents the end of my Double Degree, of Master of Science in Business and Economics at BI Norwegian Business School. The process of accomplishing this thesis has demanded motivation, hard work and dedication, resulting in a much greater development of my academic skills and knowledge of how to apply strategic frameworks, to analyze an industry and its relevant players. This has been an all-absorbing and enriching journey. Accordingly, I would like to thank to my thesis supervisor Debbie Harrison for guidance and useful input. And also, I would like to thank all my strong ties, with special emphasis to my family, for social support and motivation to end this period of my life. Francisca Fernandes Oslo, 01.09.2014 Page i Master Thesis Report in GRA 1900 1.09.2014 Abstract Key Words: Apparel Industry, China, Fashion Retailers, Porter’s Diamond Model. Context of study: The rise of China’s labor costs, and the fact that lower-wage countries have now manufacturing capacity, has pushed domestic apparel manufacturers to emphasize on two more profitable sectors: product development, and retail. This reflects a shift from Original Equipment Manufacturer (OEM) to Original Brand Manufacturer (OBM), which brings challenges for the Chinese apparel companies, since domestic apparel manufacturers didn’t invest much in product development and design ability.
    [Show full text]