2020 Annual Report 年度報告 Contents

Total Page:16

File Type:pdf, Size:1020Kb

2020 Annual Report 年度報告 Contents Stock Code 股份代號 : 1787 (A joint stock company incorporated in the People's Republic of China with limited liability) (於中華人民共和國註冊成立的股份有限公司) 2020 ANNUAL REPORT 2020 ANNUAL REPORT 年度報告 年度報告 CONTENTS Corporate Information 2 Financial Highlights 3 Chairman’s Statement 4 Management Discussion and Analysis 10 Brief Biographies of Directors, Supervisors and 25 Senior Management Report of the Directors 33 Report of the Supervisory Committee 77 Environmental, Social and Governance Report 83 Corporate Governance Report 103 Independent Auditor’s Report 121 • Consolidated Statement of Profi t or Loss 128 • Consolidated Statement of Comprehensive Income 129 • Consolidated Statement of Financial Position 130 • Consolidated Statement of Changes in Equity 132 • Consolidated Statement of Cash Flows 135 • Notes to the Consolidated Financial Statements 137 Defi nitions 248 CORPORATE INFORMATION EXECUTIVE DIRECTORS JOINT COMPANY SECRETARIES Mr. Liu Qin (appointed on 30 December 2020) Mr. Tang Qi Mr. Wang Shuhai (appointed on 30 December 2020) Ms. Ng Sau Mei (FCG, FCS) Mr. Tang Qi (re-appointed on 30 December 2020) Mr. Wang Peiyue (retired on 30 December 2020) HONG KONG LEGAL ADVISER Mr. Li Tao (retired on 30 December 2020) Jingtian & Gongcheng LLP NON-EXECUTIVE DIRECTORS Suites 3203-3207 Edinburgh Tower Mr. Li Guohong (re-appointed on 30 December 2020) Mr. Wang Lijun (re-appointed on 30 December 2020) The Landmark Ms. Wang Xiaoling (re-appointed on 30 December 2020) 15 Queen’s Road Central Hong Kong INDEPENDENT NON-EXECUTIVE DIRECTORS PRC LEGAL ADVISER Mr. Wang Yunmin (appointed on 30 December 2020) Beijing Hualian Law Firm Mr. Liew Fui Kiang (appointed on 30 December 2020) 10th Floor, Gao Lan Building Ms. Zhao Feng (appointed on 30 December 2020) No. 32 Liang Ma Qiao Road Mr. Gao Yongtao (retired on 30 December 2020) Chao Yang District, Beijing, China Mr. Lu Bin (retired on 30 December 2020) Zip Code: 100125 Ms. Hui Wing (retired on 30 December 2020) SUPERVISORS INTERNATIONAL AUDITOR Mr. Li Xiaoping (re-appointed on 30 December 2020) SHINEWING (HK) CPA Limited Ms. Liu Yanfen (re-appointed on 29 December 2020) Mr. Luan Bo (re-appointed on 30 December 2020) DOMESTIC AUDITOR TianYuanQuan Certified Public Accountants AUDIT COMMITTEE (Special General Partnership) Ms. Zhao Feng (Chairman) Mr. Li Guohong H SHARE REGISTRAR Ms. Wang Xiaoling Tricor Investor Services Limited Mr. Wang Yunmin Level 54, Hopewell Centre Mr. Liew Fui Kiang 183 Queen’s Road East, Hong Kong NOMINATION COMMITTEE REGISTERED OFFICE AND Mr. Wang Yunmin (Chairman) Mr. Wang Lijun HEADQUARTERS IN THE PRC Mr. Liu Qin No. 2503 Jingshi Road Mr. Liew Fui Kiang Licheng District, Jinan Ms. Zhao Feng Postal Code 250107 REMUNERATION AND APPRAISAL PRINCIPAL PLACE OF BUSINESS IN COMMITTEE HONG KONG Mr. Liew Fui Kiang (Chairman) Rooms 4003-06 Mr. Wang Shuhai China Resources Building Mr. Tang Qi No. 26 Harbour Road Mr. Wang Yunmin Hong Kong Ms. Zhao Feng STRATEGY COMMITTEE STOCK CODE Mr. Li Guohong (Chairman) Hong Kong Stock Exchange: 01787 Mr. Wang Lijun Shanghai Stock Exchange: 600547 Ms. Wang Xiaoling Mr. Wang Yunmin WEBSITE Mr. Liew Fui Kiang http://www.sdhjgf.com.cn 2 SHANDONG GOLD MINING CO., LTD. FINANCIAL HIGHLIGHTS 2016-2020 FINANCIAL INFORMATION AS EXTRACTED FROM CONSOLIDATED FINANCIAL STATEMENTS PREPARED IN ACCORDANCE WITH INTERNATIONAL FINANCIAL REPORTING STANDARDS: For the year ended 31 December 2020 2019 2018 2017 2016 RMB’000 RMB’000 RMB’000 RMB’000 RMB’000 (Note) (Note) Revenue 63,645,351 62,613,141 56,250,494 51,041,303 49,072,691 Cost of sales (57,088,914) (57,601,794) (52,213,915) (47,398,660) (45,567,129) Gross profit 6,556,437 5,011,347 4,036,579 3,642,643 3,505,562 Selling expenses (107,147) (188,120) (126,995) (31,152) (34,440) General and administrative expenses (2,319,331) (1,768,667) (1,445,860) (1,214,344) (1,225,662) Research and development expenses (387,558) (333,050) (321,041) (273,559) (265,333) Other income 26,435 37,704 14,398 15,979 14,845 Other gains and losses, net 143,354 107,585 253,554 (30,625) 39,952 Finance income 72,877 71,466 67,646 37,445 10,988 Finance costs (811,872) (866,894) (936,319) (575,966) (375,598) Share of results of associates 10,669 1,319 38,066 34,024 27,662 Profit before tax 3,183,864 2,072,690 1,580,028 1,604,445 1,697,976 Income tax expenses (687,562) (660,376) (559,231) (431,452) (385,194) Profit for the year 2,496,302 1,412,314 1,020,797 1,172,993 1,312,782 Profit for the year attributable to: Owners of the Company 2,231,533 1,290,503 964,411 1,118,920 1,286,642 Non-controlling interests 264,769 121,811 56,386 54,073 26,140 2,496,302 1,412,314 1,020,797 1,172,993 1,312,782 (restated) (restated) (restated) (restated) Basic and diluted earnings per share (RMB) (Note) 0.51 0.30 0.25 0.31 0.43 2020 2019 2018 2017 2016 RMB’000 RMB’000 RMB’000 RMB’000 RMB’000 (Note) (Note) Assets and liabilities Total assets 64,461,691 58,848,726 54,560,477 43,131,721 29,366,421 Total liabilities 32,603,506 32,780,401 28,886,040 25,637,955 12,676,700 Non-controlling interests 3,030,354 2,860,413 1,943,845 1,026,341 1,008,906 Perpetual bonds 3,999,387 –––– Total equity attributable to owners of the Company 24,828,444 23,207,912 23,730,592 16,467,425 15,680,815 Note: The consolidated financial information during the years ended 31 December 2016 and 2017 were extracted from the Prospectus that do not incorporate the financial information of SDG Capital Management and its subsidiaries which were acquired by the Company through business combination involving entities under common control during the year ended 31 December 2019. The calculation of basic and diluted earnings per share has been retrospectively adjusted for the bonus issue on 20 August 2019 and 19 August 2020. The profit attributable to owners of the Company used for the calculation of basic and diluted earnings per share was extracted from the Prospectus without taking into consideration the profit attributable to owners of the Company as if the acquisition of SDG Capital Management and its subsidiaries were completed on 1 January 2016. Annual Report 2020 3 CHAIRMAN’S STATEMENT To all shareholders, I wish to take this opportunity to express my sincere gratitude for your trust and support to Shandong Gold Mining Co., Ltd. On behalf of the Board, I am delighted to present the 2020 annual report of Shandong Gold and to report on the Company’s performance for the period to all shareholders. OVERVIEW OF THE COMPANY’S OPERATION The Company’s main business, operating model and conditions of the industry during the Reporting Period The core business operations of the Company during the Reporting Period During the Reporting Period, the Company’s approved business scope was mainly: mining and beneficiation of gold, production and sales of specialized equipment for gold mines and construction and decoration materials (excluding products restricted by national laws and regulations). The Company mainly produces standard gold bullions and investment gold bars and silver ingots and other products of various specifications. On the one hand, the Company endeavors to leverage on the core advantage of domestic resources. On the other hand, it implements the “going global” strategy and participates in global resource allocation in an active manner. The mining enterprises under the Company’s management are located in Shandong, Fujian, Inner Mongolia, Gansu, Xinjiang and other provinces in the PRC, and overseas in Argentina, South America and Ghana, Africa, forming an integrated industry chain covering exploration, mining, processing, smelting (refining) of gold and deep processing and sales of gold products, as well as the production and sales of mining equipment and materials, with a supporting scientific and technological research and development system. Operating Model Large-scale operating model: The Company focuses on the development and utilization of gold mineral resources. By adopting the gold production model of scattered mining and centralized smelting, the Company has been able to enhance its scale advantage and modern production level of its gold resources in the Laizhou region of the Jiaodong Peninsula. The Company’s Jiaojia Gold Mine, Linglong Gold Mine and Sanshandao Gold Mine were among the first in the country to achieve cumulative gold production of over 100 tonnes. Domestically, Shandong Gold Smelting Co., Ltd. ranked among the top in the industry in terms of both the refining volume and the trading volume. The Company aims to boost its large-scale operations by improving the level of mechanical operation and enhance corporate efficacy through the construction of the project of “world-class exemplary mine”. At present, our mining enterprises firmly occupy the leading position in the domestic mining industry in terms of equipped production level and mechanization degree. Moreover, the underground trackless mining equipment configuration has always maintained an advanced level internationally. Currently, the Company is accelerating the construction of a world-class gold base and has set up the construction plan of a world- class gold base leveraging on the mining rights resources covering “Sanshandao Resource Belt, Jiaojia Resource Belt and Xincheng Resource Belt” and relying on the six major segments of mining, refining, circular economy, intelligent mine, ecological mine and industrial synergies, setting its mind upon becoming the first domestic 10,000-tonne gold production base. 4 SHANDONG GOLD MINING CO., LTD. CHAIRMAN’S STATEMENT Technology and innovation-driven model: The Company always places its emphasis on technological innovation with the aim of building core competitiveness in the era of corporate digitalization to accelerate in-depth integration of the new generation of information technology and industrial automation.
Recommended publications
  • Department of Economics Working Paper Series Determinants of the Physical Demand for Gold: Evidence from Panel Data by Martha St
    Department of Economics Working Paper Series Determinants of the physical demand for gold: Evidence from panel data by Martha Starr*, Ky Tran No. 2007-09 July 2007 http://www.american.edu/academic.depts/cas/econ/workingpapers/workpap.htm Copyright © 2007 by Martha Starr*, Ky Tran. All rights reserved. Readers may make verbatim copies of this document for non-commercial purposes by any means, provided that this copyright notice appears on all such copies. Determinants of the physical demand for gold: Evidence from panel data Abstract Although the role of gold in the world economy has declined since the gold standard was abandoned, it remains important as a central bank reserve, a hedge against risks, a barometer of geopolitical uncertainty, and an input for jewelry. While portfolio demand for gold has been well studied, determinants of physical demand are less understood. Certain emerging-market countries like China and India import substantial amounts of gold, with several factors that may contribute: low financial development, need for precautionary savings, and/or strong cultural valuation of gold itself. This paper uses panel data on gold imports of 21 countries to examine determinants of physical demand. We find that determinants of physical demand differ from those of portfolio demand, and that they differ between the developed and developing worlds. Please address correspondence to: Prof. Martha A. Starr, Dept. of Economics, American University, 4400 Mass. Ave. NW, Washington, DC 20016, USA. Email: [email protected]. Key words: Physical gold demand, investment, savings, precautionary wealth JEL: O160, E210, G150 2 2 “Determinants of the physical demand for gold: Evidence from panel data” 1.
    [Show full text]
  • Agreements That Have Undermined Venezuelan Democracy Xxxxxxxxxxxxxxxxxxxxxxthe Chinaxxxxxxxxxxxxxxxxxxxxxx Deals Agreements That Have Undermined Venezuelan Democracy
    THE CHINA DEALS Agreements that have undermined Venezuelan democracy xxxxxxxxxxxxxxxxxxxxxxThe Chinaxxxxxxxxxxxxxxxxxxxxxx Deals Agreements that have undermined Venezuelan democracy August 2020 1 I Transparencia Venezuela THE CHINA DEALS Agreements that have undermined Venezuelan democracy Credits Transparencia Venezuela Mercedes De Freitas Executive management Editorial management Christi Rangel Research Coordinator Drafting of the document María Fernanda Sojo Editorial Coordinator María Alejandra Domínguez Design and layout With the collaboration of: Antonella Del Vecchio Javier Molina Jarmi Indriago Sonielys Rojas 2 I Transparencia Venezuela Introduction 4 1 Political and institutional context 7 1.1 Rules of exchange in the bilateral relations between 12 Venezuela and China 2 Cash flows from China to Venezuela 16 2.1 Cash flows through loans 17 2.1.1 China-Venezuela Joint Fund and Large 17 Volume Long Term Fund 2.1.2 Miscellaneous loans from China 21 2.2 Foreign Direct Investment 23 3 Experience of joint ventures and failed projects 26 3.1 Sinovensa, S.A. 26 3.2 Yutong Venezuela bus assembly plant 30 3.3 Failed projects 32 4 Governance gaps 37 5 Lessons from experience 40 5.1 Assessment of results, profits and losses 43 of parties involved 6 Policy recommendations 47 Annex 1 52 List of Venezuelan institutions and officials in charge of negotiations with China Table of Contents Table Annex 2 60 List of unavailable public information Annex 3 61 List of companies and agencies from China in Venezuela linked to the agreements since 1999 THE CHINA DEALS Agreements that have undermined Venezuelan democracy The People’s Republic of China was regarded by the Chávez and Maduro administrations as Venezuela’s great partner with common interests, co-signatory of more than 500 agreements in the past 20 years, and provider of multimillion-dollar loans that have brought about huge debts to the South American country.
    [Show full text]
  • Gold As a Store of Value
    WORLD GOLD COUNCIL GOLD AS A STORE OF VALUE By Stephen Harmston Research Study No. 22 GOLD AS A STORE OF VALUE Research Study No. 22 November 1998 WORLD GOLD COUNCIL CONTENTS EXECUTIVE SUMMARY ..............................................................................3 THE AUTHOR ..............................................................................................4 INTRODUCTION..........................................................................................5 1 FIVE COUNTRIES, ONE TALE ..............................................................9 1.1 UNITED STATES: 1796 – 1997 ..................................................10 1.2 BRITAIN: 1596 – 1997 ................................................................14 1.3 FRANCE: 1820 – 1997 ................................................................18 1.4 GERMANY: 1873 – 1997 ............................................................21 1.5 JAPAN: 1880 – 1997....................................................................24 2 THE RECENT GOLD PRICE IN RELATION TO HISTORIC LEVELS....28 2.1 THE AVERAGE PURCHASING POWER OF GOLD OVER TIME ................................................................................28 2.2 DEMAND AND SUPPLY FUNDAMENTALS ............................31 3 TOTAL RETURNS ON ASSETS ..........................................................35 3.1 CUMULATIVE WEALTH INDICES: BONDS, STOCKS AND GOLD IN THE US 1896-1996 ....................................................35 3.2 COMPARISONS WITH BRITAIN ..............................................38
    [Show full text]
  • Annual Reportreport
    (Incorporated in the Cayman Islands with limited liability) Stock Code: 691 20092009 AnnualAnnual ReportReport Annual Report 2009Annual Report 2009 Headquarter: Sunnsy Industrial Park, Gushan Town, Changqing District, Jinan, Shandong, China Hong Kong Office: Room 2609, 26/F, Tower 2, Lippo Centre, 89 Queensway, Admiralty, Hong Kong Contents DEFINITIONS 2 I COMPANY PROFILE 3 II CORPORATE INFORMATION 6 III FINANCIAL DATA SUMMARY 14 IV CHANGES IN SHARE CAPITAL AND SHAREHOLDINGS OF SUBSTANTIAL SHAREHOLDERS AND THE DIRECTORS 15 V BASIC INFORMATION ON DIRECTORS, SENIOR MANAGEMENT AND EMPLOYEES 22 VI REPORT ON CORPORATE GOVERNANCE 30 VII MANAGEMENT DISCUSSION AND ANALYSIS 38 VIII REPORT OF THE DIRECTORS 51 IX SIGNIFICANT EVENTS 59 X INDEPENDENT AUDITOR’S REPORT 61 XI FINANCIAL STATEMENTS 63 China Shanshui Cement Group Limited • Annual Report 2009 1 Definitions In this annual report, unless the context otherwise requires, the following words and expressions have the following meanings: “Company” or “Shanshui Cement” China Shanshui Cement Group Limited “Group” or “Shanshui Group” the Company and its subsidiaries “Reporting Period” 1 January 2009 to 31 December 2009 “Directors” Directors of the Company “Board” Board of Directors of the Company “Stock Exchange” The Stock Exchange of Hong Kong Limited “Listing Rules of the Stock Exchange” the Rules Governing the Listing of Securities on the Stock Exchange “SFO” Securities and Futures Ordinance (Cap. 571) (as amended, supplemented or otherwise modified from time to time) “Hong Kong” Hong Kong Special
    [Show full text]
  • China's Supply-Side Structural Reforms: Progress and Outlook
    China’s supply-side structural reforms: Progress and outlook A report by The Economist Intelligence Unit www.eiu.com The world leader in global business intelligence The Economist Intelligence Unit (The EIU) is the research and analysis division of The Economist Group, the sister company to The Economist newspaper. Created in 1946, we have 70 years’ experience in helping businesses, financial firms and governments to understand how the world is changing and how that creates opportunities to be seized and risks to be managed. Given that many of the issues facing the world have an international (if not global) dimension, The EIU is ideally positioned to be commentator, interpreter and forecaster on the phenomenon of globalisation as it gathers pace and impact. EIU subscription services The world’s leading organisations rely on our subscription services for data, analysis and forecasts to keep them informed about what is happening around the world. We specialise in: • Country Analysis: Access to regular, detailed country-specific economic and political forecasts, as well as assessments of the business and regulatory environments in different markets. • Risk Analysis: Our risk services identify actual and potential threats around the world and help our clients understand the implications for their organisations. • Industry Analysis: Five year forecasts, analysis of key themes and news analysis for six key industries in 60 major economies. These forecasts are based on the latest data and in-depth analysis of industry trends. EIU Consulting EIU Consulting is a bespoke service designed to provide solutions specific to our customers’ needs. We specialise in these key sectors: • Consumer Markets: Providing data-driven solutions for consumer-facing industries, we and our management consulting firm, EIU Canback, help clients to enter new markets and be successful in current markets.
    [Show full text]
  • Economic Development Committee, and Michael Deangelis, the Former City Manager
    COMMITTEE OF THE WHOLE – FEBRUARY 28, 2012 LETTER OF ECONOMIC INTENT, ZIBO, SHANDONG, PEOPLE’S REPUBLIC OF CHINA Recommendation The Director of Economic Development in consultation with the City Manager, recommends: That the City explore the development of an Economic Partnership with Zibo, Shandong, People’s Republic of China through the signing of the attached Letter of Economic Intent. Contribution to Sustainability Green Directions Vaughan embraces a Sustainability First principle and states that sustainability means we make decisions and take actions that ensure a healthy environment, vibrant communities and economic vitality for current and future generations. Under this definition, activities related to attracting and retaining business investments contributes to the economic vitality of the City. Global competition in the form of trade and business investment, forces even the smallest of enterprises to operate on the world stage. With the assistance of the City, access to government officials and business contacts can be made more readily available. Economic Impact The recommendation above will not have any impact on the 2012 operating budget. However, any future activity associated with the signing of a Letter of Economic Intent, such as; any future business mission(s) to Zibo, Shandong that involves the City would be established through a future report that identifies objectives and costs for Council approval. Communications Plan Should Council approve the signing of a Letter of Economic Intent with Zibo, Shandong, the partnership will be highlighted in communications to the business community through the Economic Development Department’s newsletter Business Link and Vaughan e-BusinessLink. In addition, staff of the Economic Development Department will work with Corporate Communications to issue a News Release on the day of the signing that highlights the partnership.
    [Show full text]
  • World Gold Council – Our Mission
    Gold in Islamic Finance – Opportunities for Standardisation November 2018 World Gold Council – Our mission • The gold industry’s market development organisation • The recognised global authority on gold and its uses • Active in stimulating and sustaining demand in key markets and sectors • Focused on: o lowering barriers to gold ownership o raising industry standards and enhancing market infrastructure to increase market efficiency, transparency and trust o increasing the understanding of gold as a mainstream investment asset • Offices in London (head office), New York, Beijing, Shanghai, Singapore, Tokyo and Mumbai World Gold Council | Gold in Islamic Finance - Standardisation | November 2018 2 1 AAOIFI Shari’ah Standard on Gold World Gold Council | Gold in Islamic Finance - Standardisation | November 2018 3 AAOIFI Shari’ah Standard on Gold The AAOIFI Shari’ah Standard clarifies the Shari’ah treatment of gold trading and investing. It was launched at the World Islamic Banking Conference in 2016. A dedicated website (www.shariahgold.com) hosts the Standard and related materials. World Gold Council | Gold in Islamic Finance - Standardisation | November 2018 4 2 Industry reaction “AAOIFI’s Shari’ah expertise and the World Gold Council’s industry know-how have ensured that the Standard becomes the basis not only for the inclusion of a historically and economically important asset class, but for the stability of Islamic Financial Institutions around the world.” Sheikh Yusuf DeLorenzo International Shari’ah Scholar and advisor to Dow Jones
    [Show full text]
  • Download Article
    International Conference on Remote Sensing, Environment and Transportation Engineering (RSETE 2013) Coastline Remote Sensing Monitoring and Change Analysis of Laizhou Bay from 1978 to 2009 Weifu Sun Weifu Sun, Jie Zhang, Guangbo Ren, Yi Ma, Shaoqi Ni Ocean University of China First Institute of Oceanography Qingdao, China Qingdao, China [email protected] [email protected] Abstract—Coastline of Laizhou Bay was affected by natural [19]; Zhuang Zhenye et al. studied sand shore erosion of and anthropogenic factors and changed severely in the last 31 eastern Laizhou Bay [20]. Overall, the researchers studied only years. It has great significance to monitor Laizhou Bay coastline partial regions of Laizhou Bay, but not gave the whole change for coastal zone protection and utilization. Based on the situation of coastal Change of Laizhou Bay. extraction of coastline information by selecting 8 remotely sensed In this paper, Landsat images in the year of 1978, 1989, images of MSS and TM in the year of 1978, 1989, 2000 and 2009, changes of coastline of Laizhou Bay is analyzed. The results show 2000 and 2009 were collected to extract coastline information that: (1) The whole coastline of Laizhou Bay kept lengthening by human-machine interaction method. Based on the results of with the speed of 6.04 km/a; (2) The coastline moved 959.2241 4 periods’ coastline extraction, this paper analyzed movement km2 seaward and 0.4934 km2 landward, that is, 958.7307 km2 of coastline and transformation of coastline types. Base on the land area increased in total; (3) Transformation of coastline types results, change factors of the coastline are analyzed.
    [Show full text]
  • Cereal Series/Protein Series Jiangxi Cowin Food Co., Ltd. Huangjindui
    产品总称 委托方名称(英) 申请地址(英) Huangjindui Industrial Park, Shanggao County, Yichun City, Jiangxi Province, Cereal Series/Protein Series Jiangxi Cowin Food Co., Ltd. China Folic acid/D-calcium Pantothenate/Thiamine Mononitrate/Thiamine East of Huangdian Village (West of Tongxingfengan), Kenli Town, Kenli County, Hydrochloride/Riboflavin/Beta Alanine/Pyridoxine Xinfa Pharmaceutical Co., Ltd. Dongying City, Shandong Province, 257500, China Hydrochloride/Sucralose/Dexpanthenol LMZ Herbal Toothpaste Liuzhou LMZ Co.,Ltd. No.282 Donghuan Road,Liuzhou City,Guangxi,China Flavor/Seasoning Hubei Handyware Food Biotech Co.,Ltd. 6 Dongdi Road, Xiantao City, Hubei Province, China SODIUM CARBOXYMETHYL CELLULOSE(CMC) ANQIU EAGLE CELLULOSE CO., LTD Xinbingmaying Village, Linghe Town, Anqiu City, Weifang City, Shandong Province No. 569, Yingerle Road, Economic Development Zone, Qingyun County, Dezhou, biscuit Shandong Yingerle Hwa Tai Food Industry Co., Ltd Shandong, China (Mainland) Maltose, Malt Extract, Dry Malt Extract, Barley Extract Guangzhou Heliyuan Foodstuff Co.,LTD Mache Village, Shitan Town, Zengcheng, Guangzhou,Guangdong,China No.3, Xinxing Road, Wuqing Development Area, Tianjin Hi-tech Industrial Park, Non-Dairy Whip Topping\PREMIX Rich Bakery Products(Tianjin)Co.,Ltd. Tianjin, China. Edible oils and fats / Filling of foods/Milk Beverages TIANJIN YOSHIYOSHI FOOD CO., LTD. No. 52 Bohai Road, TEDA, Tianjin, China Solid beverage/Milk tea mate(Non dairy creamer)/Flavored 2nd phase of Diqiuhuanpo, Economic Development Zone, Deqing County, Huzhou Zhejiang Qiyiniao Biological Technology Co., Ltd. concentrated beverage/ Fruit jam/Bubble jam City, Zhejiang Province, P.R. China Solid beverage/Flavored concentrated beverage/Concentrated juice/ Hangzhou Jiahe Food Co.,Ltd No.5 Yaojia Road Gouzhuang Liangzhu Street Yuhang District Hangzhou Fruit Jam Production of Hydrolyzed Vegetable Protein Powder/Caramel Color/Red Fermented Rice Powder/Monascus Red Color/Monascus Yellow Shandong Zhonghui Biotechnology Co., Ltd.
    [Show full text]
  • Annual Report of Shandong Hi-Speed Co. Ltd. of 2020
    Annual Report 2020 Company Code: 600350 Abbreviation of Company: Shangdong Hi-Speed Annual Report of Shandong Hi-Speed Co. Ltd. of 2020 1/265 Annual Report 2020 Notes I. The Board of Directors, Board of Supervisors, directors, supervisors and executives of the Company guarantee the truthfulness, accuracy and completeness without any false or misleading statements or material omissions herein, and shall bear joint and several legal liabilities. II. Absent directors Post of absent director Name of absent director Reason for absence Name of delegate Independent Director Fan Yuejin Because of work Wei Jian III. Shinewing Certified Public Accountants (Special Partnership) has issued an unqualified auditor's report for the Company. IV. Mr. Sai Zhiyi, the head of the Company, Mr. Lyu Sizhong, Chief Accountant who is in charge of accounting affairs, Mr. Zhou Liang, and Chen Fang (accountant in charge) from ShineWing declared to guarantee the truthfulness, accuracy and completeness of the annual report. V. With respect to the profit distribution plan or common reserves capitalizing plan during the reporting period reviewed by the Board of Directors After being audited by Shinewing Certified Public Accountants (Special Partnership), the net profit attributable to owners of the parent company in 2020 after consolidation is CNY 2,038,999,018.13, where: the net profit achieved by the parent company is CNY2,242,060,666.99. After withdrawing the statutory reserves of CNY224,206,066.70 at a ratio of 10% of the achieved net profit of the parent company, the retained earnings is 2,017,854,600.29 . The accumulated distributable profits of parent company in 2020 is CNY16,232,090,812.89.
    [Show full text]
  • Original Article a Cross-Sectional Survey of Severe Fever with Thrombocytopenia Syndrome Virus Infection of Domestic Animals in Laizhou City, Shandong Province, China
    Jpn. J. Infect. Dis., 67, 1-4, 2014 Original Article A Cross-Sectional Survey of Severe Fever with Thrombocytopenia Syndrome Virus Infection of Domestic Animals in Laizhou City, Shandong Province, China Shujun Ding1,2†,HaiyingYin3†, Xuehua Xu3, Guosheng Liu3, Shanxiang Jiang3, Weiqing Wang3, Xinqiang Han3,JingyuLiu4, Guoyu Niu5,XiaomeiZhang2, Xue-jie Yu1,6*, and Xianjun Wang2 1School of Public Health, Shandong University, Jinan; 2Shandong Center for Disease Control and Prevention, Shandong Provincial Key Laboratory of Communicable Disease Control and Prevention, Jinan; 3Laizhou City Center for Disease Control and Prevention, Laizhou; 4Yantai City Center for Disease Control and Prevention, Yantai; 5China Center for Disease Control and Prevention, Beijing, China; and 6Department of Pathology, University of Texas Medical Branch, Galveston, Texas, USA (Received May 5, 2013. Accepted July 16, 2013) SUMMARY: A serosurvey of severe fever with thrombocytopenia syndrome virus (SFTSV) infection in domestic animals was conducted in the rural areas of Laizhou City, Shandong Province, China to deter- mine strategies for control and prevention of SFTS. Serum samples were collected from cattle, goats, dogs, pigs, and chickens and antibodies against SFTSV were detected by double-antigen sandwich enzyme-linked immunosorbent assay (ELISA). Of 641 serum samples, the SFTSV seropositive rate was 41.8z (268/641): 74.8z,57.1z,52.1z,35.9z,and0z, for goats, cattle, dogs, chickens, and pigs, respectively. We also found that the SFTSV seropositive rates were high among the aged cattle, goats, dogs, and chickens. SFTSV infections existed among cattle, goats, dogs, and chickens in Laizhou City, and goats had the highest seroprevalence. SFTSV seroprevalence increased with an increase in age among animals.
    [Show full text]
  • Gold Demand Trends Full Year 2013
    Gold Demand Trends Full year 2013 February 2014 www.gold.org 2013 proved to be the year of the Contents consumer, with gold jewellery demand Executive summary 02 Global gold market – 2013 review 08 close to pre-crisis levels and investment Jewellery 08 in small bars and coins hitting a record Investment 10 Central banks 13 high. The result was annual gold demand Technology 14 of 3,756.1 tonnes, valued at US$170bn. Supply 14 However, outweighing the impressive Gold demand statistics 16 Appendix 24 consumer demand were the effects of Notes and definitions 29 ETF outflows and lower central bank Contributors buying, resulting in 2013 demand 15% Louise Street below the strong volumes recorded [email protected] Krishan Gopaul in 2012. Read more… [email protected] Alistair Hewitt [email protected] Gold demand by category (tonnes) and the gold price (US$/oz) Marcus Grubb Tonnes US$/oz 5,000 1,800 Managing Director, Investment Strategy 1,600 [email protected] 4,000 1,400 3,000 1,200 2,000 1,000 1,000 800 600 0 400 -1,000 200 -2,000 0 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Jewellery Total bar and coin demand ETFs and similar products Technology Central bank net purchases London PM fix (US$/oz, rhs) Source: LBMA, Thomson Reuters GFMS, World Gold Council Executive summary The gold market became polarised in 2013 as 21% growth in demand from consumers and value-seeking investors contrasted with large-scale outflows from ETFs. The net result was a 15% decline in full-year gold demand in a year where jewellery, bar and coin demand reached an all-time high.
    [Show full text]