洋河股份：2023年年度报告（英文版）

JiangsuYangheDistilleryCo.,Ltd. 2023AnnualReport April2024 SectionIImportantStatements,ContentsandDefinitions Theboardofdirectors,boardofsupervisors,directors,supervisorsandseniormanagementofJiangsuYangheDistilleryCo.,Ltd.(hereinafterreferredtoastheCompany)herebyguaranteethattheinformationpresentedinthisreportisfreeofanyfalserecords,misleadingstatementsormaterialomissions,andshallindividuallyandtogetherbelegallyliablefortruthfulness,accuracyandcompletenessofitscontents. Mr.ZhangLiandong,theresponsiblepersonfortheCompany,Mr.YinQiuming,theresponsiblepersonforaccountingaffairsandMr.ZhaoQike,theresponsiblepersonforaccountingdepartment(theaccountingsupervisor)havewarrantedthatthefinancialstatementsinthisreportaretrue,accurateandcomplete.Alldirectorsattendedtheboardmeetingtoreviewthisreport. Thefutureplansandsomeotherforward-lookingstatementsmentionedinthisreportshallnotbeconsideredasvirtualpromisesoftheCompanytoinvestors.Investorsandpeopleconcernedshouldmaintainadequateriskawarenessandunderstandthedifferencebetweenplans,predictionsandpromises.Investorsarekindlyremindedtopayattentiontopossibleinvestmentrisks. Intheannualreport,thepossiblerisksintheoperationoftheCompanyaredescribedindetail(see11.OutlookfortheFutureDevelopmentoftheCompanyinSectionIIIManagementDiscussionandAnalysis).Investorsarekindlyremindedtopayattentiontorelevantcontent. Theprofitdistributionplanapprovedbytheboardofdirectors:basedon1,506,445,074shares,acashdividendofCNY46.60(taxinclusive)willbedistributedforevery10existingsharesheld,0sharesofbonusshares(taxinclusive),andreserveswouldnotbeconvertedintosharecapital. TheCompany’sChinese2023AnnualReportwaspubliclydisclosedontheShenzhenStockExchangeandwww.cninfo.com.cnon27April2024.IfthereareanydifferencesbetweentheEnglishversionandtheChineseone,pleaserefertothelatter. Contents SectionIImportantStatements,ContentsandDefinitions2 SectionIICompanyProfileandKeyFinancialResults6 SectionⅢManagementDiscussionandAnalysis11 SectionⅢCorporateGovernance34 SectionⅢEnvironmentandSocialResponsibility69 SectionⅢSignificantEvents76 SectionⅢChangesinSharesandInformationaboutShareholders93 SectionⅢInformationaboutPreferenceShares103 SectionⅢInformationaboutBonds104 SectionⅢFinancialReports105 DocumentCatalog (I)FinancialstatementscontainingthesignaturesandsealsofthepersoninchargeoftheCompany,theaccountinghead,andthepersoninchargeoftheaccountingbody(accountingmanager). (II)Theoriginalauditreportswiththesealoftheaccountingfirmandthesignaturesandsealsofthecertifiedpublicaccountants. (III)TheoriginalsofallCompanydocumentsandannouncementspubliclydisclosedduringthereportingperiod. Definitions Term Reference Definition TheCompany,ThisCompany,Yanghe Referto JiangsuYangheDistilleryCo.,Ltd. YangheGroup,Controllingshareholder Referto JiangsuYangheGroupCo.,Ltd. Thecurrentyear,Inthereportingperiod Referto 1Jan.2023to31Dec.2023 Thereport Referto 2023AnnualReport Yuan,Tenthousandyuan,Ahundredmillionyuan Referto CNY0.00,CNY10,000.00,CNY100,000,000.00 Theshareholders'meeting,theboardofdirectors,theboardofsupervisors Referto Theshareholders'meeting,theboardofdirectorsandtheboardofsupervisorsoftheCompany Articlesofincorporation Referto ArticlesofincorporationofJiangsuYangheDistilleryCo.,Ltd. SSE Referto ShenzhenStockExchange SRC,CSRC Referto ChinaSecuritiesRegulatoryCommission SACofSuqian,SASACofSuqian Referto State-ownedAssetsSupervisionandAdministrationCommissionofSuqian SuyaJincheng,Accountingfirm Referto SuyaJinchengCPALLP BlueAlliance Referto JiangsuBlueAllianceCo.,Ltd. YangheBranchoftheCompany Referto JiangsuYangheDistilleryCo.,Ltd.YangheBranch SiyangBranchoftheCompany Referto JiangsuYangheDistilleryCo.,Ltd.SiyangBranch ShuanggouDistillery Referto JiangsuShuanggouDistilleryStockCo.,Ltd. GuijiuComapny Referto GuizhouGuijiuCo.,Ltd. Insideandoutsidetheprovince Referto InsideandoutsideJiangsuProvince SectionIICompanyProfileandKeyFinancialResults I.Corporateinformation Stockabbreviation Yanghe Stockcode 002304 StockexchangewherethesharesoftheCompanyarelisted ShenzhenStockExchange NameoftheCompanyinChinese 江苏洋河酒厂股份有限公司 Abbr.oftheCompanynameinChinese 洋河股份 NameoftheCompanyinEnglish(ifany) JIANGSUYANGHEDISTILLERYCO.,LTD. Abbr.oftheCompanynameinEnglish(ifany) Yanghe Legalrepresentative ZhangLiandong Registeredaddress No.118MiddleAvenue,YangheTown,SuqianCity,JiangsuProvince,China Postalcodeofregisteredaddress 223800 Historicalchangesofthecompany'sregisteredaddress N/A Businessaddress No.118JiuduAvenue,YangheTown,SuqianCity,JiangsuProvince,China Postalcodeofbusinessaddress 223800 Companywebsite http://www.chinayanghe.com E-mail yanghe002304@chinayanghe.com II.Contactus Companysecretary Representativeforsecuritiesaffairs Name LuHongzhen ZhuHaihui Address No.118JiuduAvenue,YangheTown,SuqianCity,JiangsuProvince No.118JiuduAvenue,YangheTown,SuqianCity,JiangsuProvince Tels. 0527-84938128 0527-84938128 Fax 0527-84938128 0527-84938128 E-mail yanghe002304@chinayanghe.com yanghe002304@chinayanghe.com III.Informationdisclosureandplacewhere