Financial Performance - For the year ended December 31, 2023, the revenue increased by 13.6% to RMB 1,076,789,000 compared to RMB 947,850,000 in 2022[15] - Gross profit for the year was RMB 311,937,000, representing a gross profit margin of 29.0%, up from 27.5% in the previous year[15] - Profit for the year rose by 39.3% to RMB 6,257,000, compared to RMB 4,492,000 in 2022[15] - The Group's total revenue for FY2023 was approximately RMB1,076,789,000, representing an increase of approximately 13.6% from RMB947,850,000 in FY2022[50] - Profit attributable to owners of the Company for FY2023 was approximately RMB6,257,000, an increase of approximately RMB1,765,000 or 39.3% compared to RMB4,492,000 in FY2022[45] - Gross profit for FY2023 amounted to approximately RMB311,937,000, representing an increase of approximately 19.5% from RMB260,989,000 in FY2022[50] - The Group's profit for FY2023 attributable to owners was approximately RMB6,257,000, representing an increase of approximately 39.3% compared to RMB4,492,000 for FY2022[51] Operational Efficiency - The company has focused on enhancing employee productivity and expanding sales channels, including live streaming sales[17] - The company has implemented a multi-functional policy for employees to improve operational efficiency[17] - The increase in sales and distribution expenses was noted, but the results are beginning to show positive outcomes[17] - The Group's total production output for FY2023 was approximately 66,416 tonnes, compared to 55,282 tonnes in FY2022[40] - Selling and distribution expenses rose from approximately RMB131,810,000 for FY2022 to approximately RMB150,542,000 for FY2023, attributed to higher advertising, freight charges, and sales team salaries[51] - Administrative expenses increased from approximately RMB119,035,000 for FY2022 to approximately RMB143,140,000 for FY2023, primarily due to higher staff costs and research and development expenses[51] Market Strategy - The company continues to prioritize the development of innovative technologies and products to provide high-quality services to customers[17] - The Group intends to expand its market reach to Central China through the acquisition of Sanvo New Materials Group Limited[48] - Aerosol-related products accounted for approximately 65.2% of the Group's total revenue in FY2023, up from 59.4% in FY2022[40] - OEM export orders increased by approximately 20.7% from RMB27,438,000 in FY2022 to RMB33,125,000 in FY2023[45] - The company expresses confidence in its continued growth in the coming years[17] Financial Position - Cash and bank deposits decreased to approximately RMB93,028,000 as of December 31, 2023, down from RMB121,849,000 in 2022[54] - As of December 31, 2023, the Group recorded net current liabilities of approximately RMB158,136,000, compared to RMB153,547,000 in 2022, with a current ratio of approximately 0.63[79] - The gearing ratio improved to approximately 0.95 as of December 31, 2023, from 1.02 in 2022[54] - The Group's total bank borrowings and other borrowings amounted to approximately RMB220,188,000, a slight decrease from RMB226,072,000 in 2022[113] - The interest rates for the borrowings ranged from 3.7% to 5.5% per annum for FY2023, compared to 3.80% to 6.45% per annum for FY2022[113] Governance and Management - The Group's overall management is led by experienced directors with extensive backgrounds in finance and engineering[125][130] - The board includes independent non-executive directors who provide independent advice and judgement, enhancing corporate governance[140] - The company emphasizes the importance of independent directors, with Mr. Xu providing independent opinions and judgments to the board since December 2019[163] - The Group's management team has extensive experience in their respective fields, contributing to effective governance and strategic direction[196] Research and Development - The company has a strong focus on research and development, with Mr. Leo Chen managing four major research institutes within the group[150] - The Group aims to enhance its market position through ongoing research and development initiatives in various product categories[200] - The Group's commitment to corporate and social responsibility aims to promote sustainable development and reduce environmental impact[192] Compliance and Risks - The Group faces risks related to compliance with PRC laws and regulations, which could affect operations if licenses are not renewed[87] - The Group has complied with relevant laws and regulations during FY2023, with no material breaches reported[190] - The Group has not entered into any derivative contracts to hedge against foreign exchange rate risks for FY2023 and FY2022[92] Future Outlook - The management believes that the efforts made in the past year will yield significant business advantages in the coming years[17] - The Board will review the dividend policy as appropriate based on various factors including financial performance and capital requirements[79] - The Group's future plans for material investments or capital assets are limited, as disclosed in the Prospectus[119]

Financial Performance - Total revenue increased by approximately 12.8% to approximately RMB520.2 million for the six months ended 30 June 2023, compared to approximately RMB461.3 million for the same period in 2022[12] - Gross profit rose by approximately 20.4% to approximately RMB156.2 million, up from approximately RMB129.7 million in the prior year[16] - Gross profit margin improved by approximately 1.9 percentage points to approximately 30.0% from approximately 28.1% in the previous year[12] - Profit attributable to owners of the Company surged by approximately 103.4% to approximately RMB19.7 million, compared to approximately RMB9.7 million for the same period in 2022[17] - Total comprehensive income attributable to owners increased by approximately 213.6% to approximately RMB19.1 million, up from approximately RMB6.1 million in the prior year[17] - Basic earnings per share for the six months ended 30 June 2023 was approximately RMB4.2 cents, compared to approximately RMB2.1 cents for the same period in 2022[18] Operational Highlights - The Group's product portfolio includes aerosols, organic silicone adhesives, synthetic adhesives, and other miscellaneous products[13] - The Company operates under the brands "SANVO" and "FullTeam," and also provides OEM services[14] - The Group's operations are primarily based in the People's Republic of China, focusing on fine industrial chemical products[13] Employee and Expense Management - Employee benefit expenses increased to approximately RMB 77.8 million for the six months ended June 30, 2023, up from approximately RMB 60.2 million in the prior year[22] - The total number of employees rose from 1,252 as of December 31, 2022, to 1,345 as of June 30, 2023, with 70% being university graduates[24] - Selling and distribution expenses increased from approximately RMB 60.2 million for the six months ended June 30, 2022, to approximately RMB 71.6 million for the same period in 2023[38] - Administrative expenses increased from approximately RMB 55.2 million for the six months ended June 30, 2022, to approximately RMB 61.7 million for the same period in 2023, primarily due to increased employee salaries and benefits[45] Financial Position and Liquidity - The Group recorded net current liabilities of approximately RMB 163.2 million as of June 30, 2023, compared to RMB 153.5 million as of December 31, 2022, with a current ratio of approximately 0.64[51] - The gearing ratio decreased to approximately 0.92 as of June 30, 2023, from approximately 1.02 as of December 31, 2022, due to a decrease in overall borrowings and an increase in total equity[52] - As of June 30, 2023, the Group had unutilized banking facilities of approximately RMB 66,110,000 and a letter of intent for a credit line of HK$250,000,000 (approximately RMB 230,000,000)[171] - Cash and cash equivalents at the end of the period were RMB 38,453,000, down from RMB 62,360,000 at the end of the same period in 2022[154] Legal and Compliance Matters - A civil litigation claim was filed against the Group's subsidiary for RMB20,087,816 related to a construction project, with a counter-lawsuit amounting to RMB28,128,984 filed by the subsidiary[83] - An independent third-party quality appraisal confirmed serious quality issues in the construction project, but the Board believes no provision is necessary at this stage[85] - The Group is committed to reducing environmental impacts and complying with relevant environmental laws, as detailed in the Environmental, Social and Governance Report for the year ended December 31, 2022[91] - Throughout the six months ended June 30, 2023, the Group was not aware of any non-compliance with relevant laws and regulations that had a significant impact[97] Shareholder and Corporate Governance - The Company did not recommend the payment of an interim dividend for the six months ended 30 June 2023, consistent with the previous year[12] - The Company completed a bonus issue of 42,750,000 shares on July 18, 2023, on the basis of one bonus share for every ten existing shares held[50] - The Board believes that the current management structure, with the chairman also serving as the CEO, is effective for the Group's operations[105] - The Company is committed to high standards of corporate governance to enhance management effectiveness and safeguard shareholder interests[99] Market and Competitive Landscape - The Group faces risks related to raw material price fluctuations, which could adversely affect gross profit margins if price increases cannot be reflected in selling prices[59] - The competitive landscape in the fine industrial chemicals industry is expected to intensify, potentially impacting market share and pricing strategies[61] Segment Performance - The Group has three reportable segments: Aerosols, Organic Silicone Adhesives, and Synthetic Adhesives, each requiring different technology and marketing strategies[186] - Revenue from reportable segments totaled RMB 452,217,000 for the first half of 2023, up 10.6% from RMB 408,852,000 in the prior year[194] - The reportable segment profit for the six months ended June 30, 2023, was RMB 139,599,000, representing a 18.4% increase from RMB 117,905,000 in 2022[194]

Management Appointments - Mr. Yang Shanjie appointed as head of quality control centre on January 1, 2023, responsible for daily quality management[11] - Ms. Wen Guihong has been head of finance since January 1, 2021, managing financial and accounting matters[3] - Mr. Liang Haitao appointed as director of sales centre on January 1, 2023, overseeing daily sales department management[17] - Mr. Han Wanyu has over 23 years of experience in logistics and operational management, currently serving as head of logistics and operations since January 2017[23] - Ms. Zhong Ruiqin has been head of administration since March 1, 2016, managing administrative and human resources matters[16] - Mr. Ju Xuezhi appointed as director of production centre on January 1, 2022, responsible for managing production bases[13] - Ms. Zhong has over 24 years of experience, joined Guangdong Sanvo in March 2013, and has been head of administration since March 1, 2016[6] - Mr. Han has held various positions in logistics management since 1997, joining Guangdong Sanvo in March 2014[4] - The company has a strong management team with extensive experience across various sectors, enhancing operational efficiency[24] Financial Performance - The company reported a revenue of approximately RMB 947,850,000 for FY2022, representing a decrease of approximately 3.6% compared to FY2021[53] - Gross profit for FY2022 was RMB 260,989,000, with a gross profit margin of 27.5%, an increase from 26.6% in FY2021[40] - Profit for the year decreased to RMB 4,492,000 in FY2022 from RMB 14,015,000 in FY2021[40] - The total employee benefit expenses for FY2022 were approximately RMB 131,921,000, up from RMB 117,813,000 in FY2021[48] - The Group's total output for FY2022 was approximately 55,282 tons, a decrease from 57,400 tons in FY2021[50] - Aerosol-related products accounted for approximately 59.4% of total revenue in FY2022, down from 61.1% in FY2021[50] - OEM export orders decreased by approximately 26.1% from RMB 37,113,000 in FY2021 to RMB 27,438,000 in FY2022[53] - The Group's total revenue for FY2022 was approximately RMB947,850,000, a decrease of about 3.6% from RMB983,107,000 in FY2021[98] - The Group's gross profit for FY2022 was approximately RMB260,989,000, representing a decrease of approximately 0.4% from RMB261,923,000 in FY2021, while the gross profit margin increased from 26.6% to 27.5%[99] - Other income and gains increased from approximately RMB3,979,000 in FY2021 to approximately RMB6,079,000 in FY2022, mainly due to increased government subsidies[103] Employee and Operational Metrics - The Group had 1,252 employees as of December 31, 2022, compared to 1,078 employees in the previous year[48] - The Group maintains a gender balance among its employees, with female employees constituting 41% of the workforce[70] - Employee benefits expenses for FY2022 totaled approximately RMB131,921,000, an increase from RMB117,813,000 in FY2021, reflecting a rise in staff numbers and salaries[70] Strategic Focus and Future Plans - The company is focused on improving quality control and operational management to drive future growth[12] - The company has focused on enhancing market competitiveness and developing production technology to improve efficiency and reduce costs[43] - The Chairman expressed confidence in the company's sustainable growth and future business development despite increased sales and administrative expenses[45] - The Group intends to expand its market reach to Central China through the acquisition of Dechem Chemicals Holdings Limited, enhancing its geographical advantage in logistics[72] - The Group plans to continue focusing on the development of its domestic sales network and overseas OEM customers, alongside expanding its MV Production Site[76] - The Group anticipates an increase in the prices of key raw materials in the future, which may adversely affect gross profit margins if not reflected in product pricing[152] - The competitive landscape is expected to intensify, with potential impacts on market share and pricing strategies[154] Financial Position and Ratios - The total assets as of December 31, 2022, were RMB789,362,000, an increase from RMB717,963,000 in 2021, while total liabilities rose to RMB567,714,000 from RMB485,499,000[61] - The current ratio as of December 31, 2022, was approximately 0.67, down from 0.73 in 2021, indicating an increase in net current liabilities to approximately RMB153,547,000[112] - The gearing ratio as of December 31, 2022, was approximately 1.02, up from 0.74 in 2021, reflecting increased borrowings[133] - Cash and bank deposits as of December 31, 2022, amounted to approximately RMB121,849,000, an increase from RMB79,543,000 in 2021[116] - As of December 31, 2022, the Group's interest-bearing bank borrowings and other borrowings totaled approximately RMB226,072,000, an increase from RMB173,022,000 in 2021[159] - The interest rate for the borrowings ranged from 3.80% to 6.45% per annum for FY2022, consistent with FY2021[159] Management and Governance - The Group's strategic planning and business development are managed by Mr. Ng Cheuk Lun, who has been with the Group since August 2018[192] - The Group's executive directors are involved in various committees, including the ESG committee, which focuses on environmental, social, and governance matters[192] - The Group's management team has a strong background in the chemicals industry, with qualifications and experience in technical and managerial roles[180][181] - The Group's executive directors have been recognized for their contributions to patent research and development in the chemicals sector[181] Other Financial Information - Selling and distribution expenses increased significantly, contributing to the overall rise in administrative expenses from approximately RMB111,762,000 in FY2021 to RMB119,035,000 in FY2022[85] - Finance costs rose from approximately RMB6,170,000 in FY2021 to approximately RMB7,993,000 in FY2022 due to increased interest-bearing bank borrowings[83] - The gross profit margin for the Group's products has been impacted by rising production costs and increased marketing expenses[77] - The Group's capital commitments for property, plant, and equipment amounted to approximately RMB69,399,000 as of December 31, 2022, compared to RMB65,085,000 in 2021[162] - The Group's property, plant, and equipment decreased to RMB33,664,000 in 2022 from RMB40,310,000 in 2021[167] - The Group's right-of-use assets were valued at RMB81,733,000 as of December 31, 2022, down from RMB84,096,000 in 2021[167] - The total pledged bank deposits of the Group were approximately RMB31,349,000 as of December 31, 2022, down from RMB61,616,000 in 2021[159] - The Group has not entered into any derivative contracts to hedge against foreign exchange rate risks for FY2022 and FY2021[168] - The Group did not have any significant investments, acquisitions, or disposals of subsidiaries or associates during the fiscal year 2022[172]

Financial Performance - Total revenue for the six months ended June 30, 2022, decreased by approximately 0.4% to approximately RMB 461.3 million compared to RMB 463.1 million for the same period in 2021[12]. - Gross profit increased by approximately 1.3% to approximately RMB 129.7 million for the six months ended June 30, 2022, compared to RMB 128.0 million for the same period in 2021[12]. - Profit attributable to owners of the Company decreased by approximately 49.8% to approximately RMB 9.7 million for the six months ended June 30, 2022, compared to RMB 19.3 million for the same period in 2021[12]. - Basic earnings per share for the six months ended June 30, 2022 was approximately RMB 2.3 cents, down from RMB 4.5 cents in the same period of 2021[20]. - Total comprehensive income for the period attributable to the owners of the Company was RMB 6,089, down 69.8% from RMB 20,186 in the prior year[158]. Profitability and Margins - Gross profit margin increased by approximately 0.5 percentage points to approximately 28.1% for the six months ended June 30, 2022, compared to 27.6% for the same period in 2021[12]. - The increase in gross profit indicates improved operational efficiency and cost management strategies[12]. - The Group's gross profit margin for the six months ended June 30, 2022 ranged from 26.6% to 28.1%, negatively affected by rising raw material costs[24]. Expenses and Costs - Employee benefit expenses for the six months ended June 30, 2022 totaled approximately RMB 60.2 million, an increase from RMB 52.3 million in the same period of 2021[22]. - Selling and distribution expenses increased from approximately RMB 57.4 million for the six months ended June 30, 2021, to approximately RMB 60.2 million for the same period in 2022, attributed to more marketing activities and increased staff costs[41]. - Administrative expenses rose from approximately RMB 46.8 million for the six months ended June 30, 2021, to approximately RMB 55.2 million for the same period in 2022, primarily due to increased salaries and allowances[42]. - Finance costs increased from approximately RMB 3.9 million for the six months ended June 30, 2021, to approximately RMB 5.1 million for the same period in 2022, mainly due to a decrease in interest capitalized[43]. - Income tax expense increased from approximately RMB 2.5 million for the six months ended June 30, 2021, to approximately RMB 4.4 million for the same period in 2022, due to fewer tax-deductible expenses[44]. Liquidity and Financial Position - As of June 30, 2022, the Group recorded net current liabilities of approximately RMB 101.3 million, with a current ratio of approximately 0.77, an increase from 0.73 as of December 31, 2021[53]. - The gearing ratio increased to approximately 0.90 as of June 30, 2022, from approximately 0.74 as of December 31, 2021, due to increased borrowings and decreased total equity[54]. - As of June 30, 2022, the Group's interest-bearing bank borrowings and other borrowings amounted to approximately RMB 205.5 million, an increase from approximately RMB 173.0 million as of December 31, 2021[76]. - The Group aims to maintain liquidity by regularly monitoring cash flow positions and keeping committed credit lines available[74]. - The Group's management is implementing stringent cost controls to improve working capital and cash flow position[188]. Market and Operational Challenges - The impact of COVID-19 has posed significant challenges to the Group's operations, affecting logistics, consumption, and production[23]. - The Group faces significant market competition, particularly from manufacturers in China offering similar products at lower prices, which may impact market share and pricing[65]. - Compliance with PRC laws and regulations is critical, as failure to maintain necessary licenses and permits could adversely affect operations and financial condition[66]. Corporate Governance and Shareholder Information - Throughout the six months ended June 30, 2022, the Company complied with the Corporate Governance Code, except for the deviation regarding the roles of chairman and chief executive officer being held by the same individual[95]. - The Group aims to enhance management effectiveness, increase transparency, and improve risk management and internal control through high corporate governance standards[94]. - As of June 30, 2022, Mr. Chen Bingqiang holds 314,000,000 shares in Sanvo Fine Chemicals Limited, representing 73.45% of the total issued share capital of the Company[107]. - The Group did not hold any significant investment and had no material acquisition or disposal of its subsidiaries and associated companies during the six months ended June 30, 2022[148]. Future Plans and Investments - The Group plans to focus on developing its domestic sales network and expanding its market in Central China through the acquisition of Dechem Group[30]. - The Group will continue to invest in development projects and acquire suitable plant and machinery, funded by internal resources, external equity financing, and/or borrowings[93]. - The Company has no future plans for material investments beyond those disclosed in the prospectus dated December 27, 2019[93].

Financial Performance - The Group's revenue for 2021 was RMB 983,107,000, an increase from RMB 839,989,000 in 2020[10] - Gross profit for 2021 was RMB 261,923,000, with a gross profit margin of 26.6%, down from 32.0% in 2020[10] - Profit after tax for 2021 was approximately RMB 14,000,000, compared to RMB 65,820,000 in 2020[15] - The Group's profit before income tax for 2021 was RMB 15,808,000, a decrease from previous years[10] - Profit attributable to owners of the Company decreased to approximately RMB 14,015,000 in FY2021, down approximately 78.7% from RMB 65,820,000 in FY2020[23] - Gross profit for FY2021 was approximately RMB 261,923,000, a decrease of approximately 2.6% from RMB 268,943,000 for FY2020, with gross profit margin declining from approximately 32.0% to 26.6%[35] - Other income and gains decreased from approximately RMB 5,390,000 for FY2020 to approximately RMB 3,979,000 for FY2021, mainly due to a reduction in government subsidies[35] - Selling and distribution expenses increased from approximately RMB 103,725,000 for FY2020 to approximately RMB 129,407,000 for FY2021, attributed to higher advertising, freight charges, and sales team salaries[35] - Administrative expenses rose from approximately RMB 92,886,000 for FY2020 to approximately RMB 111,762,000 for FY2021, driven by increased staff costs, R&D expenses, and utility costs[35] - Finance costs increased from approximately RMB 3,785,000 for FY2020 to approximately RMB 6,170,000 for FY2021, due to higher interest on borrowings and lease liabilities[35] - Income tax expense decreased from approximately RMB 7,841,000 for FY2020 to approximately RMB 1,793,000 for FY2021, resulting from a decrease in taxable profit[35] Assets and Liabilities - Total assets as of December 31, 2021, were RMB 717,963,000, while total liabilities were RMB (485,499,000)[10] - As of December 31, 2021, the Group recorded net current liabilities of approximately RMB 100,968,000, an increase from RMB 2,431,000 in 2020, resulting in a current ratio of approximately 0.73[37] - The gearing ratio was approximately 0.74 as of December 31, 2021, slightly down from 0.76 in 2020[38] - Cash and bank deposits, including pledged bank deposits, were approximately RMB 79,543,000 as of December 31, 2021, down from RMB 115,235,000 in 2020[38] - As of December 31, 2021, the Group's interest-bearing bank borrowings and other borrowings totaled approximately RMB 173,022,000, a slight increase from RMB 171,906,000 in 2020[50] Market and Operational Strategy - The Group plans to expand its market reach to Central China and enter the construction industry due to the growth in the property development sector in the PRC[25] - The Group has implemented a new ERP system focusing on online and offline management and big data analysis, including CRM and PLM[19] - The Group's total production output for FY2021 was approximately 57,400 tonnes, an increase from approximately 54,800 tonnes in FY2020[20] - OEM export orders increased by approximately 12.8% from approximately RMB 32,894,000 in FY2020 to approximately RMB 37,113,000 in FY2021[24] Environmental and Governance Initiatives - The Chairman emphasized the importance of addressing environmental issues and achieving carbon neutrality targets as part of the Group's strategic focus[15] - The company has a strong emphasis on environmental, social, and governance (ESG) initiatives, with Mr. Leo Chen serving as the chairman of the ESG committee[69] - The Group is committed to minimizing environmental impact and promoting a sustainable business model[119] - There was no material breach of applicable laws and regulations by the Group during FY2021[119] Dividend and Shareholder Information - A final dividend of HK3.0 cents per ordinary share was proposed for FY2021, marking the third consecutive year of dividends since the Group's listing[17] - The profit available for distribution as of December 31, 2021, amounted to RMB 69,520,000, a decrease from RMB 88,149,000 as of December 31, 2020[132] - The Board recommends a final dividend of HK3.0 cents per share for FY2021, consistent with the previous year[130] - The proposed final dividend is expected to be paid on or about July 8, 2022, subject to shareholders' approval at the 2022 AGM[170] Management and Governance Structure - The Board consists of six Directors, including three executive Directors and three independent non-executive Directors, ensuring a balanced governance structure[181] - The independent non-executive Directors participated in Board meetings to provide independent judgment on strategy, performance, and accountability, ensuring high standards of financial reporting[192] - The company believes that the current management structure is effective and has sufficient checks and balances despite the deviation from the Corporate Governance Code[178] - The Board is committed to high levels of corporate governance to protect the interests of the company and its shareholders[178] Risks and Challenges - The Group faced significant pressure on profitability due to rising raw material costs and government policy impacts on upstream suppliers[15] - The Group faces risks related to fluctuations in raw material prices, which may adversely affect gross profit margins if not reflected in product pricing[41] - Competition in the fine industrial chemicals industry is expected to intensify, with potential impacts on market share and pricing strategies[43] Management Team and Expertise - The company has established a robust management team with diverse expertise in the chemicals and pharmaceutical industries[75] - Mr. Leo Chen has over 18 years of experience in the chemicals industry, overseeing overall management, R&D, and quality control[67] - The leadership team is well-versed in their respective fields, contributing to the company's growth and stability[96][100][102]

SANOS新 202 中期報告 股份代號 Stock Code: 301 | --- | --- | --- | --- | --- | |-----------------------------------------------------------------------------------------------|-------|-------|--------|-------| | | | | | | | | | | | | | 三和精化集團有限公司 | | | 0 | | | SANVO Fine Chemicals Group Limited | | | | | | (於開曼群島註冊成立之有限公司)(Incorporated in the Cayman Islands with limited liability) | | | | | | | | | IOINAS | | ® SANVO FINE CHEMIC CONSTRUCTION SUPPLEMENTARY MATERIALS AND RELATED PRODUCTS a CAR CARE AND AUTOMOTIVE MAINT ...

SANOS和 20: AN 年報 股份代號 Stock Code: 301 和精化集團有限公司 SANVO Fine Chemicals Group Limited (於開曼群島註冊成立之有限公司) (Incorporated in the Cayman Islands with limited liability) ® 2020 年報 Contents 目錄 Corporate Information 公司資料 2 Financial Summary 財務概要 5 Chairman's Statement 主席報告 6 Management Discussion and Analysis 管理層討論與分析 8 Biographies of the Directors and Senior Management 董事及高層管理人員的個人資料 17 Directors' Report 董事會報告 26 Corporate Governance Report 企業管治報告 39 Environmental, Social and Governance Report 環境、社會及管治報告 56 Independen ...

(3) SANOS新 中期報告 Stock Code: 301 股份代號 ar IO SON 三和精化集團有限公司 SANVO Fine Chemicals Group Limited (於開曼群島註冊成立之有限公司) (Incorporated in the Cayman Islands with limited liability) SANVO FINE MIL C7ATH HT HOUSING PRODUCTS h CAR CARE PRODUCTS 01 2020中期報告 Interim Report 01 CONTENTS 目錄 FINANCIAL HIGHLIGHTS 財務概要 4 MANAGEMENT DISCUSSION AND ANALYSIS 管理層討論及分析 5 ADDITIONAL INFORMATION 附加資料 12 CONDENSED CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME 簡明綜合損益及其它 全面收益表 23 CONDENSED CONSOLIDATED STATEMENT ...

SANO字和 E3 股份代號 Stock Code: 301 和精化集團有限公司 SANVO Fine Chemicals Group Limited (於開曼群島註冊成立之有限公司) (Incorporated in the Cayman Islands with limited liability} (B 目錄 2019 年報 1 公司資料 2 財務概要 3 主席報告 4 管理層討論及分析 5 董事及高層管理人員的個人資料 9 董事會報告 13 企業管治報告 21 環境、社會及管治報告 29 獨立核數師報告 42 綜合全面收益表 46 綜合資產負債表 47 綜合權益變動表 48 綜合現金流量表 49 綜合財務報表附註 50 目錄 2 三和精化集團有限公司 公司資料 開曼群島股份過戶登記總處 Estera Trust (Cayman) Limited PO Box 1350 Clifton House 75 Fort Street Grand Cayman KY1-1108 Cayman Islands 執行董事 陳炳强先生（主席） 陳炳耀先生 吳卓倫先生 獨立非執行董事 賴錫璋工程師 許凱先生 楊振宇先生 ...