苏常柴Ｂ：2023年年度报告（英文版）

CHANGCHAICOMPANY,LIMITEDANNUALREPORT2023 April2024 1 PartIImportantNotes,TableofContentsandDefinitions TheBoardofDirectors(orthe“Board”),theSupervisoryCommitteeaswellasthedirectors,supervisorsandseniormanagementofChangchaiCompany,Limited(hereinafterreferredtoasthe“Company”)herebyguaranteethefactuality,accuracyandcompletenessofthecontentsofthisReportanditssummary,andshallbejointlyandseverallyliableforanymisrepresentations,misleadingstatementsormaterialomissionstherein. XieGuozhong,theCompany’slegalrepresentativeandGeneralManager,andJiangHe,headoftheCompany’sfinancialdepartment(equivalenttofinancialmanager)herebyguaranteethattheFinancialStatementscarriedinthisReportarefactual,accurateandcomplete. AlltheCompany’sdirectorshaveattendedtheBoardmeetingforthereviewofthisReportanditssummary. Anyplansforthefutureandotherforward-lookingstatementsmentionedinthisReportshallNOTbeconsideredasabsolutepromisesoftheCompanytoinvestors.Therefore,investorsarekindlyremindedtopayattentiontopossibleinvestmentrisks. TheCompanyhasdescribedindetailtherisksitmightfacein“XIProspects”in“PartIIIManagementDiscussionandAnalysis”herein. TheBoardhasapprovedafinaldividendplanasfollows:basedonthe705,692,507shares,acashdividendofRMB0.47(taxinclusive)per10sharesistobedistributedtotheshareholders,withnobonusissuefromeitherprofitorcapitalreserves. TableofContents PartIImportantNotes,TableofContentsandDefinitions2 PartIICorporateInformationandKeyFinancialInformation6 PartIIIManagementDiscussionandAnalysis12 PartIVCorporateGovernance43 PartVEnvironmentalandSocialResponsibility65 PartVISignificantEvents66 PartVIIShareChangesandShareholderInformation74 PartVIIIPreferredShares82 PartIXBonds83 PartXFinancialStatements84 DocumentsAvailableforReference 1.ThefinancialstatementssignedandsealedbytheCompany’slegalrepresentative,GeneralManagerandheadofthefinancialdepartment. 2.TheoriginalcopyoftheIndependentAuditor’sReportsignedandsealedbytheCPAs,aswellassealedbytheCPAfirm. 3.TheoriginalsofalltheCompany’sdocumentsandannouncementswhichweredisclosedonSecuritiesTimeandTaKungPao(HK)(newspapersdesignatedbytheCSRCforinformationdisclosure)duringtheReportingPeriod. 4.TheAnnualReportdisclosedinothersecuritiesmarkets. Theabove-mentioneddocumentsavailableforreferenceareallkeptintheSecretariatoftheBoardofDirectorsoftheCompany. ThisReporthasbeenpreparedinbothChineseandEnglish.Shouldtherebeanydiscrepanciesormisunderstandingsbetweenthetwoversions,theChineseversionshallprevail. Definitions Term Definition “Changchai”,the“Company”or“we” ChangchaiCompany,Limitedanditsconsolidatedsubsidiaries,exceptwherethecontextotherwiserequires ChangchaiBenniu ChangzhouChangchaiBenniuDieselEngineFittingsCo.,Ltd. ChangchaiWanzhou ChangchaiWanzhouDieselEngineCo.,Ltd. HorizonInvestment ChangzhouHorizonInvestmentCo.,Ltd. HorizonAgriculturalEquipment ChangzhouChangchaiHorizonAgriculturalEquipmentCo.,Ltd. ChangchaiRobin ChangzhouFujiChangchaiRobinGasolineEngineCo.,Ltd. XingshengRealEstateManagement ChangzhouXingshengRealEstateManagementCo.,Ltd. ChangchaiMachinery JiangsuChangchaiMachineryCo.,Ltd. ZhenjiangSiyang ZhenjiangSiyangDieselEngineManufacturingCo.,Ltd. RMB,RMB’0,000 ExpressedintheChinesecurrencyofRenminbi,expressedintensofthousandsofRenminbi The“ReportingPeriod”or“CurrentPeriod” Theperiodfrom1January2023to31December2023 PartIICorporateInformationandKeyFinancialInformation ICorporateInformation Stockname Changchai,Changchai-B Stockcode 000570,200570 Stockexchangeforstocklisting ShenzhenStockExchange CompanynameinChinese 常柴股份有限公司 Abbr. 苏常柴 CompanynameinEnglish(ifany) CHANGCHAICOMPANY,LIMITED Abbr.(ifany) CHANGCAHICO.,LTD. Legalrepresentative XieGuozhong Registeredaddress 123HuaideMiddleRoad,Changzhou,Jiangsu,China Registeredaddressespreviouslyused N/A Zipcode 213002 Officeaddress 123HuaideMiddleRoad,Changzhou,Jiangsu,China Zipcode 213002 Companywebsite http://www.changchai.com.cn Emailaddress cctqm@public.cz.js.cn IIContactInformation BoardSecretary SecuritiesRepresentative Name HeJianjiang Address 123HuaideMiddleRoad,Changzhou,Jiangsu,China Tel. （86）519-68683155 Fax （86）519-86630954 Emailaddress cchjj@changchai.com IIIMediaforInformationDisclosureandPlacewherethisReportIsLodged StockexchangewebsitewherethisReportisdisclosed SecuritiesTimes,TaKungPao(HK) MediaandwebsitewherethisReportisdisclosed http://www.cninfo.com.cn PlacewherethisReportislodged BoardSecretariatoftheCompany IVChangetoCompanyRegisteredInformation Unifiedsocialcreditcode 91320400134792410W ChangetoprincipalactivityoftheCompanysincegoingpublic Nochange On22November2018,theState-ownedAssetsSupervisionandAdministrationCommissionofChangzhouMunicipalPeople’s Everychangeofcontrolling Governmenttransferreditsentireholdingsof170,845,236sharesinthe shareholdersinceincorporation Company(astakeof30.43%)toChangzhouInvestmentGroupCo.,Ltd.fornocompensation,whichhasthusbecomethecontrollingshareholderoftheCompany. VOtherInformation TheindependentauditfirmhiredbytheCompany: Name GongzhengTianyeCertifiedPublicAccounta