兴泸水务2024 中期报告

(a joint stock company incorporated in the People’s Republic of China with limited liability) Stock Code2281 INTERIM REPORT2024 CONTENTS 10Chapter IIIFinancial Highlights 12Chapter IVManagement Discussion and Analysis 31Chapter VOther Information Corporate InformationChapter I BOARD OF DIRECTORS: Executive Directors: Mr. Zhang Qi(Chairman of the Board)Mr. Chen QinanMr. Xu Guanghua Non-executive Directors: Mr. Xu FeiMs. Zhang GuanghuiMs. Hu Fenfen Independent Non-executive Directors: Ms. Ma HuaMr. Fu JiMr. Liang Youguo BOARD COMMITTEES: Strategy Committee: Mr. Zhang Qi(Chairman)Mr. Xu FeiMs. Hu Fenfen Audit Committee: Mr. Fu Ji(Chairman)Ms. Ma HuaMr. Liang Youguo Nomination and Remuneration Committee: Ms. Ma Hua(Chairman)Ms. Zhang GuanghuiMr. Liang Youguo Chapter ICorporate Information(Continued) SUPERVISORY COMMITTEE: Mr. Yang Zhenqiu(Chairman of the Supervisory Committee)Mr. Lai BingyouMs. Xiang MinMr. Luo ChaopingMr. Tang NanyouMr. Gu Ming'anMr. Xiong Hua SECRETARY TO THE BOARD: Mr. Chen Yongzhong COMPANY SECRETARY: Mr. Chen Yongzhong AUTHORISED REPRESENTATIVES: Mr. Zhang QiMr. Chen Yongzhong REGISTERED ADDRESS,HEADQUARTERS AND PRINCIPALPLACE OF BUSINESS IN THE PRC: 16 16 Baizi RoadJiangyang District, LuzhouSichuan Province, the PRC PRINCIPAL PLACE OF BUSINESS INHONG KONG: 24840 40th Floor, Dah Sing Financial CentreNo. 248 Queen's Road EastWanchai, Hong Kong Chapter I Corporate Information(Continued) DOMESTIC SHARE REGISTRAR: 17 China Securities Depository and Clearing Corporation LimitedNo. 17, Taipingqiao AvenueXicheng District, Beijing, the PRC H H SHARE REGISTRAR: 183171712-1716 Computershare Hong Kong Investor Services LimitedShops 1712-1716, 17th FloorHopewell Centre, 183 Queen's Road EastWanchai, Hong Kong LEGAL ADVISER: As to Hong Kong law: 238717 Jia Yuan Law Office7/F & 17/F, No.238Des Voeux Road Central, Sheung WanHong Kong PRINCIPAL BANKERS: Industrial and Commercial Bank of ChinaLuzhou City Commercial BankBank of Communications Co., Ltd AUDITOR: 8A9 ShineWing Certified Public Accountants LLP9/F, Block A, Fuhua Mansion,No. 8 Chaoyangmen North Street,Dongcheng District, Beijing, the PRC Chapter ICorporate Information(Continued) 2281 www.lzss.comwww.lzss.com DefinitionsChapter II In this interim report, unless the context otherwise requires, the following expressions shall have the following meanings: the articles of association of the Company, as amended, supplemented orotherwise modified from time to time has the meaning ascribed to it under the Listing Rules “associate(s)” “Company” or “Group” or “us” or “we”Luzhou Xinglu Water (Group) Co., Ltd.*, converted by Xinglu Water Company has the meaning ascribed to it under the Listing Rules “connected person(s)” has the meaning ascribed to it under the Listing Rules “Controlling Shareholder(s)” “Corporate Governance Code” the Corporate Governance Code set out in Appendix C1 to the Listing RulesC1 the director(s) of the Company “Director(s)” the ordinary share(s) in issue in the share capital of the Company, with a nominalvalue of RMB1.00 each, which are subscribed for or credited as paid up in RMB1.00 “Domestic Share(s)” Luzhou Fanxing Environmental Development Co., Ltd.*, a limited liability companyestablished in the PRC on 18 August 2016 and a non-wholly owned subsidiary ofthe Company, mainly engaged in wastewater treatment business2016818 “Fanxing Environmental” Chapter IIDefinitions(Continued) “H Share(s)” the ordinary share(s) in issue in the share capital of the Company, with a nominalvalue of RMB1.00 each, which are listed on the Main Board of the Hong KongStock Exchange1.00 Luzhou Xinglu Water (Group) Crystal Trading Co., Ltd., a limited liability companyestablished in the PRC on 23 February 1996 and a wholly-owned subsidiary ofthe Company during the Reporting Period, which is principally engaged in thebusiness of trading services (including ready-to-sell drinking water, food sales,materials and equipment sales, etc.) “Crystal Trading” 1996223 the lawful currency of Hong Kong the Hong Kong Special Administrative Region of the People’s Republic of China “Hong Kong” The Stock Exchange of Hong Kong Limited “IPO” the initial public offering of the Company’s H Shares on the Main Board of theHong Kong Stock Exchange on 31 March 201720173 31H the Rules Governing the Listing of Securities on The Stock Exchange of HongKong Limited “Listing Rules” Luzhou Laojiao Group Co., Ltd.*, one of our Shareholders “Luzhou Laojiao” Luzhou City Infrastructure Investment Co., Ltd.*, one of our Shareholders “Luzhou Infrastructure” the Model Code for Securities Transactions by Directors of Listed Issuers set outin Appendix C3 to the Listing RulesC3 “Model Code” Chapter II Definitions(Continued) “PRC” or “China” the People’s Republic of China, and for the purpose of this interim report only,excluding Hong Kong, Macau and Taiwan the prospectus dated 21 March 2017 in relat