
(A joint stock limited company incorporated in the People’s Republic of China)()Stock Code2355 Annual Report2023 OUR MISSION ConstructiontoManufacturing 263 472 674 875 1276 2778 4579 47171 51 22 5016100-A34518001 12151501 121008100004 H ESG 1617 (2355) 86 575 8413583786 575 84118792E-mailirbaoye@baoyegroup.com www.baoyegroup.com 86 575 84882990312028 1687312030 117A 2023122023 202312312023123126,479,305,0008.4%889,256,00026.2%1.6930%202312 31 2023 2023317QQ2.90200353.9% 80KKQ820233A2020 2016 2023 20243 28 20232023 202312 3126,479,305,000202224,425,350,0008.4%1,478,759,00020221,079,165,00037.0%889,256,0002022704,777,00026.2%1.6920221.3030.0% 2023166.42022209.120.4%2023EPCCEPC 202312 3116,014,859,0007%614,466,00092%337,020,00020238 18 2023 60 63%854,798,00041% 202312317,285,893,000 202312 3131.2202228.8271,545 51,050,000650,000 16,2352.049,49720215334,760,0002024 45,173116,90520218510,000,000 511,036,354262,86260%2017•2024 45,949124,65520226270,000,000 22,3092.020218568,600,0004.0Vollert 20225240,990,00076,503 20206110,925,00029,5771.768,654202212024 2022121,199,900,00045,582165,144 648,000972,0005 202212455,100,00073,405196,5962.0 2017954,220129,66520207,22020192111,947212022720237 20195113,500,000AB46,888124,90720204107,120,000C42,007B2021A2023C •20216300,000,000111,955 202012108,640,00070%59,2411.298,451 20219565,000,00051%171,1091.8404,465 201811184,662,013336,776 202312 312,839,348,00022%7,212,00095% 202312 31 2023 2022371,613,000230.33235,284.80202312 312024 202339.1%202229.0%56.2%202263.5%0.7%20220.3% AAA 2023123180 889,256,00026.2%14%14.4%202312 3158.7% i1,431,117,0001,303,545,000127,572,000 ii221,879,000410,581,000632,460,000 2023263,023,000202373,892,000189,131,000(i)337,020,00020238 18(ii)150,438,000 2023816,860,000699,034,000117,826,000 202312,402,000202220,291,000 20231231340,983,0002022231,118,000340,883,0002022206,024,000244,724,000 2023201,276,0002022143,044,00058,232,000 20231231340,883,000 202312312,887,990,000202212313,338,440,000 C1C.2.120236 16C.2.1 C1 C120231231 ESGESGESGESGESGESGESGESGESGESGESG 202312 31 C32023 11 2023 20238 12023812023 4749 202312 31111 C32023 39 14 620222023 2023 202361620238 120238 13.103.10A C.1.4C.1.4 D.1.1 202312 31 32 20231231 2023 20234 4ESGESG 3 C1 21 20231 *20233 2720238 1 21 20231 *20233 2720236 16 11 ESGESGESGESGESG2023 ESGESGESG ESG 20236 16ESGESGESGESGESG 63170 3.283.2915 ESG 20111H *20236 16H20238 1 77 8710%10%304 11 13.51(2) 7A 1687 20191 7 a.b.c.d.e.f.g.h. 20236 162023616 a.b.c. 202322023C32023 (www.baoyegroup.com) 202312 31 H 202312 31336XV23 1.29,304,000 H20175 29336 20236 16168720236 1620236 16 20232 2018,890,000H20236 16 1957 1970•1987 19721989 196720085.121985 19761998 19681986 19776031532002 1963688469201710202311603095 1953 1967ESG 1969ESG00357.HK00867.HK201662022201589.HK202012021303380.HK2010201903900.HK200420101994200420 19782007 19581975 19661986 19681986 19621988 1970199320032004 202312 31 10 2023 202312 317273 202312 3174 6 21 202312311,151,372,00020221,096,628,000 20243 28202312 312022 ••• 202312 315 30% 5% 6 5,281,00020224,965,000 202312 3124 20236 1620238 1 20236 1620236 1620236 1620236 1620238 1 20238 120236 1620238 1 20236 1620236 1620236 1620238 20236 1620236 1620236 1620236 1620236 1620238 120238 120238 120238 4750 39 39 3.133.13 202220236 162025 202312 31 202312 31 571XV(i)XV78(ii)XV352(iii) 18 202312 31520,756,053 2023 25% 2023 202312 31 202312316,413202212316,56065,836202212 3167,89620234,858,986,000 202312 3169.03%30.97%2023ESG C1 C1C.2.12023616C.2.1 202442023 20236 16 20245 1420246 14H20245 134:30HH16171687312030 20243 28 2023 2023 20243 28 72170 •202312 31••••• 202312 31 ••• 5(c)(i)4(a)5 (i) 202312 3116,014,859,00060% 3.1(b)(ii)4(b)516(c) (i) 202312 315,560,800,0006,828,635,000630,041,000215,351,000 (ii) (iii) (iv) 4(f)1415 (i) 202312318,578,138,0007,421,631,00033%202312 31115,189,000 (ii) • • • (iv)202312 31 •••••• 20243 28 1 2003630H 20243 28 2 2.1HKFRSHKCO 622 ••• 2.2 2 2.3 20231 1 171281212 2.4 202312 31 3 3.1 (a) (i) 20232022 2023202212 31 3 3.1 (a) (i) 5%5%5% (ii) 3 3.1 (a) (ii) 5%5% (iii) 202312 311%1,489,00020222,123,000 3 3.1 (b) 80% 3 3.1 (b) • • • • 3 3.1 (b) (i) 202312 31 202212 31 1231 202312 31 3 3.1 (b) (ii) 9 2023202212 31 202312 313% 3 3.1 (b) (ii) 202312 31 (iii) 202312 31 3 3.1 (b)(iv) (c) 3 3.1 (c) 3 3.2 2023202212 31 3.3 2023202212 319 3 3 3.3 •• 2023202212 31 (a)20233SRIBSG SRIBSG IPOSRIBSGSRIBSG31 3 4 (a) (b) (c) (d) 9 4 (e) (f) 5 ••• 5 5 5 (b) 5 (b) 5 (c) (i) ••• 5 (c) (i) (ii) 6 170,781,0002022185,328,000118,330,000202295,558,000 202312 31665,534,0002022256,188,00024(a) (a) 20104~53~5 7 2023202278,021,000202310,046,00020224070 202312 31271,996,0002022272,492,00024(a