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二零零八年年報 004 China Everbright International Limited 中國光大國際有限公司

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二零零八年年報 004 China Everbright International Limited 中國光大國際有限公司 目錄 2 Corporate Profile 企業簡介 4 Corporate Information 公司資料 6 Financial Highlights 財務概況 8 Corporate Milestones 企業大事紀要 14 Chairman’s Statement 主席報告 16 Chief Executive Officer’s Report 行政總裁報告 40 Project Highlights 項目摘要 58 Directors and Senior Management 董事及高層管理人員 62 Corporate Governance Report 企業管治報告書 73 Report of the Directors 董事會報告 92 Independent Auditor’s Report 獨立核數師報告 94 Consolidated Income Statement 綜合損益表 96 Consolidated Balance Sheet 綜合資產負債表 98 Balance Sheet 資產負債表 100 Consolidated Statement of Changes in Equity 綜合權益變動表 102 Consolidated Cash Flow Statement 綜合現金流量表 104 Notes to the Financial Statements 財務報表附註 204 Five Year Summary 五年業績概要 206 Major Properties held by the Group 本集團所持有之主要物業 CORPORATE China Everbright International Limited (the “Company”, and together with its subsidiaries, collectively “the Group”) is a fast growing business conglomerate focusing on environmental protection infrastructure investments including the construction and operation of environmental energy and environmental water projects, environmental construction, environmental technology and toll bridge operation. In the last five years, the project locations have spread over many cities in China, including Suzhou, Yixing, Jiangyin, Changzhou, Qingdao, Zibo, Zhoucun, Boxing and Jinan. The Group has also constructed and operates the Qingzhou Bridge in Fuzhou. With its highly- trained and dedicated management team as well as strong parental support from China Everbright Holdings Company Limited, the Group is fully prepared to further explore and develop the environmental protection market and strives to obtain new environmental protection projects, with the aim to become a leading player in the environmental protection industry in China. PROFILE 企業簡介 中國光大國際有限公司（「本公司」，連同其附屬 公司合稱「本集團」）為一家發展迅速及主要從事 環保基建投資包括建設及運營環保能源及環保水 務項目、環保工程、環保科技及收費橋樑運營的 綜合企業。過去五年來，環保業務遍佈中國多個 城市包括蘇州、宜興、江陰、常州、青島、淄 博、周村、博興及濟南。本集團亦投資及營運福 州青洲大橋。在精幹敬業的管理層帶領下，憑藉 母公司中國光大集團有限公司的全力支持，本集 團將蓄勢待發，進一步拓展環保市場並不斷開發 新的環保項目，致力成為國內環保產業的翹楚。 ANNUAL REPORT 2008 二零零八年年報 004 CHINA EVERBRIGHT INTERNATIONAL LIMITED 中國光大國際有限公司 CORPORATE INFORMATION 公司資料 DIRECTORS 董事 Executive Directors 執行董事 TANG Shuangning (Chairman) 唐雙寧（主席） ZANG Qiutao (Vice-chairman) 臧秋濤（副主席） LI Xueming (Vice-chairman) 李學明（副主席） CHEN Xiaoping (Chief Executive Officer) 陳小平（行政總裁） FAN Yan Hok, Philip (General Manager) 范仁鶴（總經理） WONG Kam Chung, Raymond (Chief Financial Officer) 黃錦驄（財務總監） ZHANG Weiyun 張衛云 Independent Non-executive Directors 獨立非執行董事 Sir David AKERS-JONES 鍾逸傑爵士 LI Kwok Sing, Aubrey 李國星 MAR Selwyn 馬紹援 COMPANY SECRETARY 公司秘書 POON Yuen Ling 潘婉玲 REGISTERED OFFICE 註冊辦事處 Room 2703, 27th Floor 香港夏愨道十六號 Far East Finance Centre 遠東金融中心 16 Harcourt Road, Hong Kong 二十七樓二七零三室 PRINCIPAL BANKERS 主要往來銀行 Bank of China Limited 中國銀行股份有限公司 China Everbright Bank Co., Limited 中國光大銀行股份有限公司 China Merchants Bank Co., Ltd. 招商銀行股份有限公司 China Minsheng Banking Corp., Ltd. 中國民生銀行股份有限公司 CITIC Industrial Bank 中信實業銀行 CITIC Ka Wah Bank, Limited 中信嘉華銀行有限公司 Deutsche Bank, AG 德意志銀行 Fubon Bank (Hong Kong) Limited 富邦銀行（香港）有限公司 Industrial and Commercial Bank of China 中國工商銀行 Shanghai Pudong Development Bank 上海浦東發展銀行 The Bank of East Asia, Limited 東亞銀行有限公司 ANNUAL REPORT 2008 二零零八年年報 005 CHINA EVERBRIGHT INTERNATIONAL LIMITED 中國光大國際有限公司 SOLICITORS 律師 Paul, Hastings, Janofsky & Walker 普衡律師事務所 Woo, Kwan, Lee & Lo 胡關李羅律師行 Grandall Legal Group (Beijing) 國浩律師集團（北京）事務所 AUDITORS 核數師 KPMG 畢馬威會計師事務所 REGISTRARS 股份過戶處 Tricor Tengis Limited 卓佳登捷時有限公司 26/F, Tesbury Centre, 28 Queen’s Road East 香港灣仔皇后大道東二十八號 Wanchai, Hong Kong 金鐘匯中心二十六樓 PUBLIC RELATIONS 公關顧問 Strategic Financial Relations (China) Limited 縱橫財經公關顧問（中國）有限公司 Unit A, 29/F., Admiralty Centre I 香港金鐘夏愨道十八號 18 Harcourt Road 海富中心第一期二十九樓A室 Hong Kong WEBSITE 電子網址 www.ebchinaintl.com www.ebchinaintl.com STOCK CODE 股份編號 257 257 ANNUAL REPORT 2008 二零零八年年報 006 CHINA EVERBRIGHT INTERNATIONAL LIMITED 中國光大國際有限公司 FINANCIAL HIGHLIGHTS 財務概況 2008 2007 Percentage 二零零八年 二零零七年 Change HK$’000 HK$’000 百分比 港幣千元 港幣千元 變動 RESULTS 業績 Turnover 營業額 1,862,509 1,347,852 38% EBITDA on recurring basis#* 除利息、稅項、折舊及 攤銷前經常性盈利#* 592,727 425,557 39% Profit attributable to equity 股東應佔盈利 shareholders 339,018 337,932 0.3% Return on shareholders’ equity (%) 股東資金回報(%) 12.86 15.20 -2.34% Basic earnings per share (HK cents) 每股基本盈利（港仙） 10.80 10.89 -0.8% FINANCIAL POSITION 財務狀況 Total assets 資產總額 6,300,678 4,525,683 39% Total liabilities 負債總額 3,169,637 1,922,257 65% Shareholders’ equity 股東權益 2,819,615 2,451,091 15% Net asset value per share attributable 股東應佔每股 to equity shareholders (HK$) 資產淨值（港幣元） 0.897 0.782 15% Gearing (%) 資產負債比率(%) 50 42 8% Current ratio (%) 流動比率(%) 136 221 -85% MARKET INFORMATION 市場資料 Share price at year end (HK$) 年終時之股價（港幣元） 1.43 3.89 -63% Price earnings ratio at year end 年終時之市盈率（倍） (times) 13.24 35.72 -63% Market capitalisation at year end 年終時之資本市值 4,495,602 12,194,064 -63% # EBITDA is the profit for the year before deduction of interest, taxation, # 除利息、稅項、折舊及攤銷前盈利為扣除利息、稅 depreciation and amortisation. 項、折舊及攤銷前之本年度盈利。 * The amount for current year is stated excluding the profit on disposal of * 本年度之金額並不包括出售附屬公司之盈利港幣 subsidiaries of HK$51,778,000. The amount for last year is stated excluding 51,778,000元。去年之金額並不包括出售其他財務 the profit on sale of other financial assets and valuation gain on investment 資產盈利及投資物業估值盈餘合共港幣42,885,000 properties with a total amount of HK$42,885,000. 元。 ANNUAL REPORT 2008 二零零八年年報 007 CHINA EVERBRIGHT INTERNATIONAL LIMITED 中國光大國際有限公司 NET ASSETS ATTRIBUTABLE TO TOTAL ASSETS HK$’000 EQUITY SHAREHOLDERS HK$’000 資產總額 港幣千元 股東應佔淨資產 港幣千元 6,500,000 6,300,678 3,000,000 2,819,615 6,000,000 5,500,000 2,500,000 2,451,091 5,000,000 4,525,683 4,500,000 2,000,000 1,996,123 4,000,000 3,500,000 3,385,872 1,500,000 3,000,000 2,500,000 1,000,000 2,000,000 1,500,000 1,000,000 500,000 500,000 0 0 2006 2007 2008 2006 2007 2008 EBITDA ON RECURRING BASIS HK$’000 PROFIT ATTRIBUTABLE TO 除利息、稅項、折舊及攤銷前 EQUITY SHAREHOLDERS HK$’000 經常性盈利 港幣千元 股東應佔盈利 港幣千元 600,000 592,727 500,000 460,478 550,000 450,000 500,000 400,000 450,000 425,557 350,000 337,932 339,018 400,000 350,000 300,000 300,000 250,000 250,000 200,000 210,776 200,000 150,000 150,000 100,000 100,000 50,000 50,000 0 0 2006 2007 2008 2006 2007 2008 ANNUAL REPORT 2008 二零零八年年報 008 CHINA EVERBRIGHT INTERNATIONAL LIMITED 中國光大國際有限公司 CORPORATE MILESTONES 企業大事紀要 01/2008 02/2008 01/2008 Formally took charge of the An utility patent of the “Sludge operation of Jiangyin Waste Dehydration Equipment” was Water Treatment Project and granted commenced its commercial operation and the upgrading 「污泥乾化裝置」獲實用新型專 work 利 Everbright Environmental Energy (Suzhou) Co., Ltd. received three certificates, namely the ISO9001 01/2008 Quality Management System Certificate, the ISO14001 Environmental Management System Certificate and the GB/T28001 Occupational Health Management System Certificate The “New Fly Ash Treatment Technology” was included in the “National 863 Program” An utility patent of the “Household Waste Anaerobic 01/2008 Digester” was granted 江陰污水處理項目正式接管運 營，並進入全面升級改造 光大環保能源（蘇州）有限公司 通過ISO9001質量管理體系認 證、ISO14001環境管理體系認 證和GB/T28001職業健康管理 體系認證 「飛灰處理新技術」獲「國家863 計劃」立項 「生活垃圾厭氧發酵裝置」獲實 用新型專利 ANNUAL REPORT 2008 二零零八年年報 009 CHINA EVERBRIGHT INTERNATIONAL LIMITED 中國光大國際有限公司 03/2008 04/2008 04/2008 Entered into the “Concession Formally took charge of the Right Agreement” in respect of operation of Boxing Waste the extension of the waste water Water Treatment Project and treatment plant with Boxing commenced its commercial Municipal Government operation and the extension and upgrading work Suzhou Waste-to-energy Project Phase I was awarded the Everbright Water (Zibo) Limited “Yangzi Cup” certificate by the received the “Certificate of 04/2008 Jiangsu Provincial Department Operation” (Grade A Industrial of Construction Waste Water Treatment Standard and Grade A Domestic Both Suzhou Methane-to- Waste Water Treatment energy Project and Suzhou Standard) issued by the State Industrial Solid Waste Landfill Ministry of Environmental Project passed the inspection Protection for acceptance by the Jiangsu Provincial Environmental Held Annual General Meeting of Protection Bureau 2008 Final results announcement for 2007, with profit attributable to 博興污水處理項目正式接管運 equity shareholders amounted 營並進入改擴建 04/2008 to HK$337,932,000 光大水務（淄博）有限公司獲環 境保護部頒發「工業廢水及生活 與博興市政府簽署污水處理項 污水甲級運營資質證書」 目擴建工程《特許經營權協定》 舉行二零零八年度股東周年大 蘇州垃圾焚燒發電項目一期榮 會 獲江蘇省建設廳頒發「揚子杯」 蘇州沼氣發電項目及蘇州固體 廢物填埋場項目通過江蘇省環 保竣工驗收 公佈二零零七年度全年業 績，錄得股東應佔盈利港幣 337,932,000元 ANNUAL REPORT 2008 二零零八年年報 010 CHINA EVERBRIGHT INTERNATIONAL LIMITED 中國光大國際有限公司 CORPORATE MILESTONES 企業大事紀要 05/2008 06/2008 05/2008 The Group was awarded the Entered into a strategic co- “Outstanding Environmental operative agreement in Protection Corporation Award” respect of the research and in “The Third Capital Outstanding development of technology China Enterprise Award” with the Shandong Academy of Sciences Water quality of the upgraded Zibo Southern and Northern Methane-to-energy Project of Plants reached national Grade Qingdao Maidao Waste Water 05/2008 1A discharge standard Treatment Plant (conversion of sludge into methane for Commercial operation of energy production) successfully Jiangyin Waste-to-energy supplied electricity to the Project duly commenced electricity transmission network Everbright Environmental of the city Protection Technology “Environmental-friendly brick Development (Beijing) Limited from sludge” and “The new formally established water treatment technology – a Unveiled the stone for the technology based on low energy opening ceremony of Everbright consumption and low pollution” Water (Ji’nan) Limited’s
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