方大Ｂ:2023年年度报告(英文版)

【摘要】ChinaFangdaGroupCo.,Ltd.2023AnnualReportApril20242023AnnualReportChapter1ImportantStatement,TableofContentsandDefinition...

China Fangda Group Co., Ltd.

      2023Annual Report

          April 2024


            2023Annual Report

 Chapter 1 Important Statement, Table of Contents and Definitions
    The members of the Board and the Company guarantee that the

announcement is free from any false information, misleading statement or

material omission and are jointly and severally liable for the information's

truthfulness, accuracy and integrity.

    Mr. Xiong Jianming, the legal representative of the Company, Mr. Lin

Kebin, the Chief Financial Officer, and Mr. Wu Bohua, the manager of

accounting department declare: the Financial Report carried in this report is

authentic and completed.

    All the Directors have attended the meeting of the board meeting at

which this report was examined.

    Forward-looking statements involved in this report including future

plans do not make any material promise to investors. Investors should pay

attention to investment risks.

    The company has described the existing market risks, management risks
and production and operation risks in this report. Please refer to the risks that
may be faced mentioned in"X. Prospects for the Company's Future

Development" in III Management Discussion and Analysis.

    The Board meeting reviewed and approved the profit distribution preplan:
distributing cash dividend of RMB0.80 (tax included) for each ten shares to all
shareholders on the basis of 1,073,874,227 shares of the Company and no


dividend share is issued to shareholders. No reserve is capitalized.


                      Contents


Chapter 1 Important Statement, Table of Contents and Definitions......2

Chapter IIAbout the Company and Financial Highlights ......9

  I. Company profiles......9

  II. Contacts and liaisons......9

  III. Information disclosure and inquiring ......9

  IV. Registration changes ......10

  V. Other information ......10

  VI. Financial Highlight ......10

  VII. Differences in accounting data under domestic and foreign accounting standards ...... 11

  VIII. Financial highlights by quarters...... 11

  IX.Accidental gain/loss item and amount......12

Chapter III Management Discussion andAnalysis ......14

  I. Major businesses of the Company during the report period......14

  II. Core CompetitivenessAnalysis ......22

  III. Core business analysis......25

  V. Non-core business analysis ......33

  VI.Assets and Liabilities......33

  VII. Investment......35

  VIII. Major assets and equity sales......39

  IX.Analysis of major joint stock companies......39

  X. Structural entities controlled by the Company......40

  XI. Future Prospect......40

  XII. Reception of investigations, communications, or interviews in the reporting period......43

  XIII. Implementation of theAction Plan for "Double Improvement of Quality and Return" ......44

Chapter IV Corporation Governance......46

  I. Overview......46
  II. The independence of the Company relative to the controlling shareholders and actual controllers

  in ensuring the company's assets, personnel, finance, institutions, business, etc......46

  III. Competition......46

  IV.Annual and extraordinary shareholder meetings held during the report period ......46

  V. Particulars about the Directors, Supervisors, and Senior Management......47

  VI. Performance of directors during the report period ......53

  VII. Special committees under the board of directors during the reporting period......57

  VIII. Performance of Supervisory Committee......60

  IX. Employees ......62

  X. Profit distribution of the Company and conversion of capital reserve into share capital......63

  XI. Share incentive schemes, staff shareholding program or other incentive plans......64

  XII. Construction and implementation of internal control system during the reporting period......65

  XIII. Management and control of subsidiaries during the reporting period......65

  XIV. Internal control evaluation report or internal control audit report......65
  XV. Rectification of problems in self inspection of special actions for governance of listed companies 67

V. Environmental and social responsibility ......68


  1. Major environmental problem ......68

  2. Social responsibilities ......69

  3. Consolidate and expand the achievements of poverty alleviation and rural revitalization ......69

Chapter VI Significant Events......70

  I. Performance of promises......70
  II. Non-operating capital use by the controlling shareholder or related parties in the reporting term.70

  III. Incompliant external guarantee ......70

  IV. Description of the board of directors on the latest "non-standard audit report"......70
  V. Statement of the Board of Directors, Supervisory Committee and Independent Directors (if

  applicable) on the "non-standard auditors' report" issued by the CPAon the current report period..70
  VI. Description of changes in accounting policies, accounting estimates or correction of major


  accounting errors c