晨鸣Ｂ：2020年年度报告（英文版）.PDF

1、 SHANDONG CHENMING PAPER HOLDINGS LIMITEDSHANDONG CHENMING PAPER HOLDINGS LIMITED AnnualAnnual ReportReport 20202020 March 20March 202121 2020 ANNUAL REPORT1I Important Notice,Table of Contents and DefinitionsThe board of directors(the“Board”),the supervisory committee(the“Supervisory Committee”)and

2、 the directors(the“Directors”),supervisors(the“Supervisors”)and senior management(the“Senior Management”)of the Company hereby warrant the truthfulness,accuracy and completeness of the contents of the annual report,guarantee that there are no false representations,misleading statements or material o

3、missions contained in this annual report,and are jointly and severally responsible for the liabilities of the Company.Chen Hongguo,head of the Company,Dong Lianming,head in charge of accounting and Zhang Bo,head of the accounting department(Accounting Officer),declare that they warrant the truthfuln

4、ess,accuracy and completeness of the financial report in the annual report.All Directors have attended the board meeting to review this report.The Company is exposed to various risk factors such as macro-economic fluctuation,state policies and regulations and competition in the industry.Investor sho

5、uld be aware of investment risks.For further details,please refer to the risk factors likely to be faced and the measures to be taken to address them as set out in the outlook on the future development of the Company in Discussion and Analysis of Operations.The proposed profit distribution plan of t

6、he Company was considered and passed by the Board:The audited consolidated net profit attributable to equity holders of the Company for 2020 prepared in accordance with Accounting Standards for Business Enterprises by the Company amounted to RMB1,712,029,078.52.When deducting the interest on Perpetu