Chapter 1 Interpretation 2 Chapter 2 General and Key Financial Indicators 4 Chapter 3 Brief Introduction on the Company’s businesses 10 Chapter 4 Discussion and Analysis on Business Operation 14 Chapter 5 Major Events 26 Chapter 6 Changes in Common Share Capital Contents>> and Shareholders 40 Chapter 7 Preferred Stock 45 Chapter 8 Directors, Supervisors, Senior Management and Employees 46 Chapter 9 Corporate Governance 56 Chapter 10 Corporate Bonds 60 Chapter 11 Financial Report 64 Chapter 12 Documents for Inspection 149 Chapter 1 Interpretation 2 1 I. Interpretation In this Report, unless otherwise requires, the below terms have the following meanings: Interpretation of the common words Reporting period means Year 2018 RMB, RMB K Yuan, RMB 10000 Yuan, RMB million Yuan, RMB 100 million Yuan, Yuan, K Yuan, 10 K Yuan, mio Yuan, 100 mio Yuan means China’s legal currency LH means LafargeHolcim Ltd. IT means Information technology KPI means Key Performance Indicators NOx means Nitrogen oxide (s) SNCR means Selective non-catalytic reduction SO2 means Sulfur dioxide PC32.5R cement means 32.5 grade composite silicate cement with strong intensity in the early stage 3 Chapter 2 General and Key Financial Indicators 4 2 I. Company Information Name of the Company in Chinese 华新水泥股份有限公司 Abbreviation in Chinese 华新水泥 Name of the Company in English Huaxin Cement Co., Ltd. Abbreviation in English HUAXINCEM Legal Representative Mr. Li Yeqing II. Liaison Information Secretary to the Board Securities Affairs Representative Name Mr. Wang Ximing Ms. Wang Lu Tower B, Huaxin Tower, No.426, Gaoxin Avenue, East Lake Tower B, Huaxin Tower, No.426, Gaoxin Avenue, East Lake Liaison Address High-tech Development Zone, Wuhan City, Hubei Province High-tech Development Zone, Wuhan City, Hubei Province Tel 02787773896 02787773898 Fax 02787773992 02787773992 E-mail
[email protected] [email protected] 5 ANNUAL REPORT 2018 III.