新 和 成：2023年年度报告（英文版）

ZhejiangNHUCo.,Ltd. 2023AnnualReport April2023 SectionIImportantNotes,Contents,andDefinitions TheBoardofDirectorsanditsmembers,BoardofSupervisorsanditsmembers,andseniorexecutivesoftheCompanyherebyguaranteethattheinformationpresentedinthisannualreportisauthentic,accurate,completeandfreeoffalserecords,misleadingstatementsormaterialomissions,andtheywillbearindividualandjointliabilitiesforsuchinformation. HuBaifan,theCompany’slegalrepresentative,ShiGuanqun,theofficerinchargeofaccounting,andZhangLijin,theheadofaccountingdepartmentherebydeclarethattheyguaranteethefinancialstatementsinthisannualreportareauthentic,accurateandcomplete.AllmembersoftheBoardofDirectorshaveattendedthemeetingoftheBoardofDirectorsfordeliberationofthisannualreport. Thefutureplanandotherforward-lookinginformationdisclosedinthisannualreportshallnotberegardedasacommitmenttoinvestors.Wekindlyremindinvestorsofallpossiblerisksininvestments. Wedrawyourattentiontoitem“XI.OutlookforthefuturedevelopmentoftheCompany”under“SectionIIIManagementDiscussionandAnalysis”,whichexplicitlystatesthepossiblerisksinbusinessoperationandcountermeasuresthereon. ProfitdistributionproposaldeliberatedandapprovedbythemeetingoftheBoardofDirectorsisasfollows:Basedonthe3,073,421,680shares(totalsharecapitalof3,090,907,356excluding17,485,676repurchasedshares[Note]),acashdividendof 4.50yuan(taxincluded)willbedistributedtoallshareholdersforevery10shares,andnobonusshareswillbedistributed,andthecapitalreservewillnotbeconvertedintosharecapital. Note:Accordingtothe“RulesonShareRepurchaseofListedCompanies”,sharesinthespecial accountforrepurchaseoflistedcompaniescarrynorightofprofitdistributionandconversionofcapitalreserveintosharecapital. IftheCompany’stotalsharecapitalchangesduetotheconversionofconvertiblebonds,sharerepurchase,exerciseofequityincentives,refinancingandlistingofnewshares,etc.beforetheimplementationoftheprofitdistributionproposal,thetotaldistributionwillbeadjustedaccordinglybasedonthesamedistributionratio. ThisAnnualReportisanEnglishtranslationoftheChineseAnnualReport.IncasetheEnglishversiondoesnotconformtotheChineseversion,theChineseversionprevails. Contents SectionIImportantNotes,Contents,andDefinitions1 SectionIICompanyProfileandKeyFinancialIndicators6 SectionIIIManagementDiscussionandAnalysis11 SectionIVCorporateGovernance36 SectionVEnvironmentalandSocialResponsibilities54 SectionVISignificantEvents61 SectionVIIMovementsinSharesandConditionsofShareholders70 SectionVIIIPreferredShares77 SectionIXBonds78 SectionXFinancialReport79 DocumentsAvailableforReference I.FinancialstatementssignedandsealedbytheCompany’slegalrepresentative,officerinchargeofaccounting,andheadofaccountingdepartment; II.Theoriginalauditor’sreportwiththesealoftheaccountingfirmandthesignatureandsealofthecertifiedpublicaccountants; III.OriginalsofalltheCompany’sdocumentsandannouncementspublishedonnewspapersdesignatedbytheChinaSecuritiesRegulatoryCommissionduringthereportingperiod; IV.Otherdocumentsforreference. Definitions Abbreviations Refersto Contentsofdefinitions TheCompany,NHU Refersto ZHEJIANGNHUCO.,LTD. CSRC Refersto ChinaSecuritiesRegulatoryCommission CSRC,ZhejiangOffice Refersto ChinaSecuritiesRegulatoryCommission,ZhejiangOffice PPS Refersto PolyphenyleneSulfide PPA Refersto PolyPhthalamide PSU Refersto Polysulfone PEEK Refersto Polyetheretherketone PEI Refersto Polyetherimide VOC Refersto VolatileOrganicCompound NH-acid Refersto Taurine HSE Refersto HealthyAndSafeEnvironment F5 Refersto VitaminB5 CNAS Refersto ChinaNationalAccreditationServiceForConformityAssessment DSC Refersto DifferentialScanningCalorimetry ARC Refersto AcceleratingRatecaloriMeter RC1e Refersto ReactionCalorimeter PF Refersto Lupin CEP Refersto EuropeanPharmacopoeiaApplicabilityCertification Pdcatalyzer Refersto PalladiumCatalyst IPDA Refersto IsophoroneDiamine NBC Refersto Azabicycles CLA Refersto Karonanhydride AMester Refersto MethylMethacrylate ADI Refersto AliphaticIsocyanates HDI Refersto HexamethyleneDiisocyanate| SectionIICompanyProfileandKeyFinancialIndicators I.Companyprofile Stockabbreviation NHU Stockcode 002001 StockExchange ShenzhenStockExchange CompanyNameinChinese 浙江新和成股份有限公司 CompanyAbbreviationinChinese 新和成 Companynameinforeignlanguage(ifany) ZHEJIANGNHUCO.,LTD. CompanyAbbreviationinforeignlanguage(ifany) NHU Legalrepresentative HuBaifan Registeredaddress No.418XinchangDadaoWestRoad,QixingSub-district,XinchangCounty,ZhejiangProvince,China Postalcodeofregisteredaddress 312500 Historicalchangesofregisteredaddress OnMay28,2020,theCompany’sregisteredaddresswaschangedfromNo.4JiangbeiRoad,YulinSub-district,XinchangCounty,ZhejiangProvince,ChinatoNo.418XinchangDadaoWestRoad,QixingSub-district,XinchangCounty,ZhejiangProvince,China Officeaddress No.418XinchangDadaoWestRoad,QixingSub-district,XinchangCounty,ZhejiangProvince,China Postalcodeofofficeaddress 312500 Officialwebsite http://www.cnhu.com E-mail 002001@cnhu.com II.Contactinformation Items Boardsecretary Securitiesaffairsrepresentative Name Shi