新希望：2020年年度报告（英文版）.PDF

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1、2020 Annual Report of New Hope Liuhe Co.,Ltd 1 New Hope Liuhe Co.,Ltd 2020 Annual Report 2021-57 April 2021 2020 Annual Report of New Hope Liuhe Co.,Ltd 2 Section 1 Important note,table of contents and definitions The board of directors,board of supervisors,directors,supervisors and senior executive

2、s of the company warrant that the contents of this annual report are true,accurate and complete and free of any false recordings,misleading statements or significant omissions and will be jointly and severally liable for the legal consequences.The companys CEO Liu Chang,chief accountant Chen Xingyao

3、 and person in charge of accounting organization(accountant in charge)Chen Jing state that the financial report in the annual report is true,accurate and complete.All directors of the company attended the board meeting deliberating this report.I.Epidemic and natural disaster risks The animal epidemi

4、c disease is the main risk faced in the development of livestock industry.There are three kinds of risks arising out of the occurrence of epidemic disease.First,the occurrence of epidemic disease is likely to result in death of livestock,and leads directly to the reduction in yield and drop in price

5、s.Second,the occurrence and prevalence of epidemic disease on a large scale easily influence the consumer psychology,lead to shrinking market demand,and also affect the feed production and operation.Third,after the outbreak of some infectious epidemic diseases endangering the public health and safet

6、y,the government will take lockdown and other measures to contain the spread of epidemic disease.These epidemic containment measures will seriously hinder the transportation of feed,animal healthcare products and live livestock,and the workers returning to work,and have a great impact on the product