Annual Report 2017 1 KEDA Section II Company Profile and Major Financial Indexes
Total Page:16
File Type:pdf, Size:1020Kb
IMPORTANT NOTICE Ⅰ. The Board of Directors, the Board of Supervisors, and the Directors, Supervisors and senior management of the Company confirm that information contained in this annual report is true, accurate and complete without any false records, misleading statements or material omissions, and severally and jointly accept legal responsibility for the above. Ⅱ. All directors of the Company have attended the meetings of the Board. Ⅲ. Zhongxi CPAs (Special General Partnership) has issued a standard audit report without qualifying opinions for the Company. Ⅳ. Mr.Wu Muhai, the principal of the Company, and Mr. Zeng Fei, the Accounting Director, and Mr. Li Qing, the Accounting Manager (accountant in charge), have declared that they guarantee the truthfulness, accuracy and completeness of the financial statements contained in this annual report. Ⅴ. Resolutions of profit distribution and capitalization from capital reserves of the Company for the Reporting Period examined and reviewed by the Board: Resolution of profit distribution in 2017 is as follows: allocating RMB0.5 (tax included) for every 10 shares to all shareholders based on the Company’s total number of 1,577,205,702 shares, with the total cash dividends of RMB 78,860,285.10 to be distributed. The resolution is required to be submitted at the shareholders’ meeting for consideration and approval. Ⅵ. Declaration on risk from forward-looking statements The forward-looking statements involving future plans, development strategies in this annual report do not constitute substantial undertakings of the Company to investors who are advised to be cautious about investment risks. Ⅶ. Important risk warning The risks which might exist have been described in this annual report in detail. Please refer to the “Possible Risk” in “Discussion and Analysis on the Companys development in the future” in Section Ⅳ“ Management Discussion and Analysis of the Operations”. CONTENTS Section Ⅰ Definitions ........................................ 1 Section Ⅱ Company Profile and Major Financial Indexes ............. 2 Section Ⅲ Company Profile.................................... 5 Section Ⅳ Management Discussion and Analysis of the Operations ..... 9 Section Ⅴ Important Notice ................................... 25 Section Ⅵ Changes in Common Stocks and Stockholders ............ 26 Section Ⅶ Directors, Supervisors, Senior Management and Employees .. 30 Section Ⅷ Financial Report .................................... 34 Section I Definitions KEDA i. Definitions In the report, unless otherwise specified, the following terms are defined as follows Definitions Company, the Company, Refers to KEDA Clean Energy Co., Ltd. KEDA Clean Energy KEDA (Anhui) Industrial Refers to KEDA (Anhui) Industrial Co., Ltd. KEDA (Anhui) Clean Energy Refers to KEDA (Anhui) Clean Energy Co., Ltd. KEDA Hong Kong Refers to KEDA Industrial (Hong Kong) Limited Henglitai Company Refers to Foshan Henglitai Machinery Co., Ltd. Wuhu Suremaker Machinery Co., Ltd., Wuhu KEDA Suremaker Company Refers to Suremaker Co., Ltd. KEDA Hydraulics Refers to Foshan KEDA Hydraulic Machinery Co., Ltd. Xincheng Investment, Anhui Refers to Anhui Xincheng Investment Co., Ltd. Xincheng Investment Anhui Xincheng Financing Refers to Anhui Xincheng Financing and Leasing Co., Ltd. Guangdong Xincheng Financing Refers to Guangdong Xincheng Financing and Leasing Co., Ltd. Xincheng International Refers to Xincheng International (Hong Kong) Co., Ltd. Changsha Aer Refers to Changsha Aer Compressor Co., Ltd. Anhui Hudu KEDA Refers to Anhui Hudu KEDA Fluid Machinery Co., Ltd. Guangdong Taiwei Refers to Guangdong Taiwei Digital Ceramics Printing Co., Ltd. Henan Dongda Tailong Metallurgy Science& Technology Co., KEDA NEU Refers to Ltd., Henan KEDA Dongda International Engineering Co., Ltd. Dongda Science & Technology Refers to NEU Science & Technology Industrial Group Co., Ltd. KEDA (Shenyang) Clean Energy Refers to KEDA (Shenyang) Clean Energy Gas Co., Ltd. Zhuolitai Company Refers to Foshan Zhuolitai Machinery Co.,Ltd. Jiangsu Cohen Environmental Protection Technology Jiangsu Cohen Refers to Co.,Ltd., Jiangsu Cohen Environmental Protection Co.,Ltd. Ningxia Cohen Refers to Ninxia Cohen Environmental Protection Engineering Co.,Ltd. KEDA Clean Energy New Materials Refers to KEDA (Anhui) Clean Energy New Materials Co., Ltd. Zhangzhou Juming Refers to Zhangzhou Juming Graphite Co., Ltd. Guangxing Lithium Refers to Sichuan Guangxing Lithium Science & Technology Co., Ltd. New Energy Automobile Company Refers to KEDA (Anhui) New Energy Automobile Sales Co., Ltd. KEDA (Anhui) Huadong New Energy Automobile Travel Huadong Travel Refers to Service Co., Ltd. Ceramics Refers to Foshan KEDA Ceramics Co., Ltd. KEDA Energy Sale Refers to KEDA (Anhui) Energy Sale Co., Ltd. Keneng Energy Sale Refers to KEDA (Anhui) Keneng Energy Sale Co., Ltd. Anqing Suoxiang Electricity Refers to Anqing Suoxiang Electricity Sale Co., Ltd. Company Delitai Refers to Foshan Delitai Science & Technology Co., Ltd. Guangzhou SUNDA Refers to Guangzhou SUNDA International Trading Co., Ltd. Qinghai Fozhao Lithium Energy Development Co., Ltd., KEDA (Qinghai) Lithium Refers to KEDA (Qinghai) Lithium Co., Ltd. Qinghai Weili Refers to Qinghai Weili New Energy Material Co., Ltd. Lanke Lithium Refers to Qinghai Salt Lake Fozhao Lanke Lithium Co., Ltd. Keda Holding Refers to Keda Holding (Mauritius) Limited Brightstar Investment Refers to Brightstar Investment Limited Keda India Refers to Keda Industrial (India) Limited Twyford Kenya Refers to Twyford Ceramics Company Limited Twyford Ghana Refers to Twyford (Ghana) Ceramics Company Limited Twyford Tanzania Refers to Twyford (Tanzania) Ceramics Company Limited SRC, CSRC Refers to China Securities Regulatory Commission Zhongxi CPAS Refers to Zhongxi CPAS (Special General Partnership) yuan, 10 thousand yuan, Refers to RMB yuan, RMB10 thousand yuan, RMB100 million yuan 100 million yuan Annual Report 2017 1 KEDA Section II Company Profile and Major Financial Indexes I. Corporate Information Chinese name 广东科达洁能股份有限公司 Abbreviated Chinese name 科达洁能 Company name in foreign language Keda Clean Energy Co., Ltd Abbreviated company name in foreign language KEDA Companys legal representative Wu Muhai II. Contact and liaison Secretary of the Board of Directors Representative of securities Name Li Yuejin Feng Xin No. 1, West Huanzhen Road, Guanglong No. 1, West Huanzhen Road, Guanglong Liaison address Industrial Park, Chencun Town, Shunde Industrial Park, Chencun Town, Shunde District, Foshan City, Guangdong Province District, Foshan City, Guangdong Province Tel 0757-23833869 0757-23833869 Fax 0757-23833869 0757-23833869 Email [email protected] [email protected] III. Basic information No.1, West Huanzhen Road, Guanglong Industrial Park, Chencun The Companys registered address Town, Shunde District, Foshan City, Guangdong Province Postal code of the Companys registered 528313 address No. 1, West Huanzhen Road, Guanglong Industrial Park, Chencun The Companys office address Town, Shunde District, Foshan City, Guangdong Province Postal code of the Companys office address 528313 The Company website http: //www.kedachina.com.cn Email [email protected] IV. Information disclosure and placement location Media for information disclosure appointed by the Company Shanghai Securities News, Securities Times Website of China Securities Regulatory Commission for publishing www.sse.com.cn annual report Placement location for the Companys annual report The Company, Shanghai Stock Exchange V. Information of company stock Information of Company Stock Type of Abbreviated stock Abbreviated name of Listing stock exchange Stock code stock name stock before change Share A Shanghai Stock Exchange KEDA Clean Energy 600499 KEDA Industrial VI. Other related information Name Zhongxi CPA Firm (special general partnership) CPA Firm engaged by the 11F, Block A, Xincheng Wenhua Mansion, No.11, Office address Company Chongwenmenwai Street, Beijing Names of signing CPA Su Zhijun, Liu Min Name Zhong De Securities Co., Ltd. Sponsor institution 22F, Deutsche Bank Tower, China Central Place, No.81, exercising supervision Office address Jianguo Road, Chaoyang District, Beijing duties in the reporting Names of signing sponsors Xia Yuehua, Luo Min period Supervision period November 30, 2017 to December 31, 2018 2 Annual Report 2017 Section II Company Profile and Major Financial Indexes KEDA VII. Major accounting data and financial indicators for the past 3 years Major accounting data Unit:10 thousand yuan Currency: RMB Increase/decrease of the current reporting period Major accounting data Year 2017 Year 2016 Year 2015 compared with the same period of last year (%) Sales revenue 572,851.36 438,048.17 30.77 359,368.43 Net income (loss) attributed to 47,889.13 30,328.95 57.90 54,131.76 shareholders of parent company Net income (loss) attributable to shareholders of parent company after 30,017.13 29,045.47 3.35 400.49 deduction of non-recurring profit or loss Net cash provided by (used in) operating -25,596.46 44,655.81 -157.32 56,493.88 activities Increase/decrease at the end of the End of year End of year current reporting End of year 2017 2016 period compared 2015 with the end of last year Net assets attributable to equity holders of 543,801.60 404,709.42 34.37 410,826.43 the Company Total assets 1,225,075.77 842,944.43 45.33 842,057.19 Major financial indicators Increase/decrease of the Year Year current reporting period Year Major financial indicators 2017 2016 compared with the same 2015