High-Efficiency FertilisersinChina 中国高效肥 INTERIMREPORT2022中期报告 StockCode股份代号:1866 ChinaXLXCulture 中国心连心文化 Weadheretothecultureofintegrityandthecorporatespiritof"workinghardtofulfiltheneedsofourcustomers"andwearecommittedto creatingthegreatestvaluetothesocietywiththeleastresources. 我们坚持诚信文化和“自己艰苦奋斗满足别人需求”的企业之魂,致力于用最少的资源为社会创造最大的价值。 FocusonourselvesovertheothersPrioritizesubjectiveoverobjectivityValuetheendresultovertheprocess讲自己不讲别人 讲主观不讲客观 讲效果不讲过程 DedicatedtohardworkSatisfytheneedsofothers自己艰苦奋斗 满足别人需求 Integrity 诚信 CHINAXLXDEVELOPMENTSTRATEGY: Adheretotheenhancedevelopmentdirectionofcleanerchemicalprocessofcoal,andmaintaintheprivilegesandleadingstatusinthechemicalfertiliserindustry.Meanwhileappropriatelydevelopnewenergyandnewchemicalmaterial,establishingthe'Fertiliserasfoundation,fertiliserandchemicalsidebyside'developmentplan. Ourstrategicdevelopmentdirectionwillbe:Tomaximizethevalueofsyngas;toreinforceourindustryleadingadvantagesinthechemicalfertiliserindustry. Ourcoremissions:First,strengthenandimproveourmajorproductionbasessoastocontinuouslyincreaseprofitability;Second,strengthenourbrand;Third,consolidatebasicmanagementsoastoimproveR&Dcapabilities. 中国心连心发展战略: 坚持聚焦清洁煤化工升级发展方向,确保化肥主业的优势和行业领先地位。同时适度发展新能源、新材料化工品,总体形成“以肥为基,肥化并举”的产业发展格局。 我们的战略发展导向是:把合成气价值利用最大化,突出化肥主业的行业领先优势。 核心任务:一是做强、做优大基地,提升持续盈利能力;二是做强品牌;三是夯实基础管理,提升研发能力。 Contents 目录 2CorporateInformation 公司资料 5ManagementDiscussionandAnalysis 管理层讨论与分析 24CondensedConsolidatedStatementofComprehensiveIncome 简明综合全面收入表 25CondensedConsolidatedStatementofFinancialPosition 简明综合财务状况表 28CondensedConsolidatedStatementofChangesinEquity 简明综合权益变动表 29CondensedConsolidatedStatementofCashFlows 简明综合现金流量表 31NotestotheCondensedConsolidatedInterimFinancialInformation 简明综合中期财务资料附注 BOARD EXECUTIVEDIRECTORS LIUXingxu(ChairmanoftheBoard) ZHANGQingjinYANYunhua INDEPENDENTNON-EXECUTIVEDIRECTORS ONGKianGuanLIShengxiaoONGWeiJin LIHongxing BOARDCOMMITTEES AUDITCOMMITTEE ONGKianGuan(Chairman) LIShengxiaoONGWeiJinLIHongxing REMUNERATIONCOMMITTEE ONGWeiJin(Chairman) ONGKianGuanLIShengxiao LIHongxing NOMINATIONCOMMITTEE LIShengxiao(Chairman) LIUXingxuONGKianGuanONGWeiJin LIHongxing 董事会 执行董事 刘兴旭(董事会主席)张庆金 闫蕴华 独立非执行董事 王建源李生校王为仁李红星 董事会委员会 审核委员会 王建源(主席)李生校 王为仁李红星 薪酬委员会 王为仁(主席)王建源 李生校李红星 提名委员会 李生校(主席)刘兴旭 王建源王为仁李红星 CHIEFEXECUTIVEOFFICER MATongsheng CHIEFFINANCIALOFFICER WONGWingWangPaul AUTHORISEDREPRESENTATIVESUNDERLISTINGRULES YANYunhuaLEUNGKwanWai JOINTCOMPANYSECRETARIES LEUNGKwanWaiCHEOKHuiYee AUDITOR Ernst&YoungLLPOneRafflesQuayNorthTower,Level18Singapore,048583 Partner-in-charge:LEELaiHiang LEGALADVISORS HerbertSmithFreehills(HongKong)HiwaysLawFirm(China) ShookLin&BokLLP(Singapore) PRINCIPALBANKERS TheExport-ImportBankofChinaChinaConstructionBank BankofChina Industrial&CommercialBankofChinaBankofCommunications ChinaMinshengBankingCorp.,Ltd.HSBC REGISTEREDOFFICE 80RobinsonRoad #02-00,Singapore068898 首席执行官 马通生 首席财务官 王永宏 上市规则下的授权代表 闫蕴华梁君慧 联席公司秘书 梁君慧石慧仪 核数师 安永会计师事务所OneRafflesQuayNorthTower,Level18Singapore,048583 项目合伙人:李来香 法律顾问 史密夫斐尔律师事务所(香港)海华永泰律师事务所(中国)旭龄及穆律师楼(新加坡) 主要往来银行中国进出口银行中国建设银行 中国银行 中国工商银行交通银行 中国民生银行股份有限公司汇丰银行 注册办事处 80RobinsonRoad #02-00,Singapore068898 HEADQUARTERSANDPRINCIPALPLACEOFBUSINESSINPRC XinxiangEconomicDevelopmentZoneHenanProvince PRC453731 STOCKCODE HongKongStockCode:1866 CORPORATEWEBSITE www.chinaxlx.com.hk 总办事处暨中国主要营业地点 中国河南省 新乡经济开发区邮编:453731 股票代码 香港股份代号:1866 公司网址 www.chinaxlx.com.hk ManagementDiscussionandAnalysis 管理层讨论与分析 TheboardofDirectors(the“Board”)ofChinaXLXFertiliserLtd.(the“Company”and,togetherwithitssubsidiaries,the“Group”)ispleasedtopresentthisinterimreportforthesixmonthsended30June2022(“1H2022”). (I)BUSINESSREVIEW Affectedbythepandemic,theRussian-Ukrainianwarandtightsupplyofinternationalfertilisers,thepricesofglobalbasicenergyandfoodhavebeenrising,whichresultedinastrongdemandforchemicalfertilisers.Coupledwiththeincreaseinthepriceofrawmaterials,globalfertiliserpriceshavebeenremainedelevated. Duringthefirsthalfof2022,withthesuccessfulcommissioningofthethirdproductionbaseinJiangxiJiujiang,theFixed-bedRenovationandUpgradingProjectoftheGroup’ssecondandthirdplantinhenanXinxiangandvariousrelevantdiversifiedindustrialchainprojects,theGroup’sproductioncapacityreachedanewmilestone. TheunauditedconsolidatedrevenueoftheGroupincreasedbyapproximatelyRMB4,641millionor61%fromapproximatelyRMB7,573millionforthehalfyearended30June2021(“1H2021”)toapproximatelyRMB12,214millionfor1H2022.TheunauditedconsolidatednetprofitoftheGroupincreasedbyapproximatelyRMB415millionor47%fromapproximatelyRMB889millionfor1H2021toapproximatelyRMB1,304millionfor1H2022.TheunauditedtotalcomprehensiveincomeattributabletotheownersoftheparentincreasedbyapproximatelyRMB314millionor49%fromapproximatelyRMB646millionfor1H2021toapproximatelyRMB960millionfor1H2022. 中国心连心化肥有限公司(“本公司”,连同其附属公司统称“本集团”)董事会(“董事会”)欣然呈列截至二零二二年六月三十日止六个月(“二零二二年上半年”)的本中期报告。 (I)业务回顾 疫情、俄乌战争及国际肥料供应偏紧等影响,全球基础能源及粮食价格持续升高,提升化肥需求,加上原材料价格的上涨,使全球化肥价格持续走高。 于二零二二年上半年,随着江西省九江市的第三生产基地、本集团于河南新乡的第二及第三厂的固定床改造升级项目及各相关多元化产业链项目的成功投产,本集团的产能达致