新 和 成：2024年年度报告

2024Annual Report April 2024 Section I Important Notes, Contents, and Definitions The Board of Directors and its members, Board of Supervisors and its members,and senior executives of the Company hereby guarantee that the informationpresented in this annual report is authentic, accurate, complete and free of falserecords,misleading statements or material omissions,and they will bearindividual and joint liabilities for such information. Hu Baifan, the Company’s legal representative, Shi Guanqun, theofficer incharge of accounting, and Zhang Lijin, the head of accounting departmentherebydeclare that they guarantee the financial statements in this annual report areauthentic, accurate and complete. Except for the following Directors, the other Directors were present in person atthe meeting of the Board of Directors at which this Annual Report was considered. The future plan and other forward-looking information disclosed in this annualreport shall not be regarded as a commitment to investors. We kindly remindinvestors of all possible risks in investments. We draw your attention to item“XI. Outlook for the future development of theCompany”under“Section III Management Discussion and Analysis”,whichexplicitly states the possible risks in business operation and countermeasuresthereon. Profit distribution proposal deliberated and approved by the meeting of the Boardof Directors is as follows: Based on the 3,073,421,680 shares, a cash dividend of5.00yuan (tax included) will be distributed to all shareholders for every 10 shares,and no bonus shares willbe distributed, and the capital reserve will not beconverted into share capital. If the Company’s total share capital changes due to the conversion of convertible bonds, sharerepurchase, exercise of equity incentives, refinancing and listing of new shares, etc. before theimplementation of the profit distribution proposal, the total distribution will be adjustedaccordingly based on the same distribution ratio. Contents Section I Important Notes, Contents, and Definitions.............................................1Section II Company Profile and Key Financial Indicators.....................................6Section III Management Discussion and Analysis..................................................11Section IV Corporate Governance...........................................................................43Section V Environmental and Social Responsibilities...........................................61Section VI Significant Events...................................................................................69Section VII Movements inShares and Conditions of Shareholders.....................79Section VIII Preferred Shares..................................................................................87Section IX Bonds........................................................................................................88Section X Financial Report.......................................................................................89 Documents Available for Reference I. Financial statements signed and sealed by the Company’s legal representative, officer in charge of accounting,and head of accounting department; II. The original auditor's report with the seal of the accounting firm and the signature and seal of the certifiedpublic accountants; III. Originals of all the Company's documents and announcements publishedinnewspapers designated by theChina Securities Regulatory Commission during the reporting period; IV. Other documents for reference. Definitions Section II Company Profile and Key Financial Indicators I. Company profile II. Contact information III. Information disclosure and location IV. Change of registration V. Other relevant information Accounting firm engaged by the Company The sponsor institution engaged by the Company, which performed the duty of continuous guidance and supervision during the reporting period □Applicable√Not Applicable The financial advisor engagedby the Company, who performed the duty of continuous guidance and supervisionduring the reporting period □Applicable√Not Applicable VI. Key accounting data and financial indicators Whether the Company needs to perform retroactive adjustment orrestatement on financial data of prior years □Yes√No The company's net profit before and after deducting non-recurring gains and losses in the last three fiscal years, whichever is lower, isnegative, and the audit report of the latest year shows that the company's ability of continuing operation is uncertain. □Yes√No The lower of the net profit before and after deducting extraordinary gains and losses is a negative value. □Yes√No VII. Differences in accounting data under Chinese accounting standards and overseasaccounting standards 1、Difference in net profit and net assets in financial statements disclosed respectively under IFRSStandards and Chinese accounting standards □Applicable√Not Applicable The Company h