1、1V.S.International Group Limited Annual Report 2020/21ContentsPageCorporate Profile2Corporate Structure3Financial Highlights4Chairmans Statement6Management Discussion and Analysis of Results of Operations8Environmental,Social and Governance(ESG)Report15Directors and Senior Management Profile27Corpor
2、ate Governance Report31Report of the Directors45Independent Auditors Report60Consolidated Income Statement68Consolidated Statement of Comprehensive Income69Consolidated Statement of Financial Position70Consolidated Statement of Changes in Equity72Consolidated Statement of Cash Flows73Notes to the Co
3、nsolidated Financial Statements74Corporate Information139Group Property141Five Years Summary1422V.S.International Group Limited Annual Report 2020/21Corporate ProfileV.S.International Group Limited(“Company”)and its subsidiaries(collectively referred to as the“Group”)are principally engaged in the m
4、anufacturing and sale of plastic moulded products and parts,assembling of electronic products and moulds design and fabrication.The Group commenced its business in 1997 in Shenzhen,the Peoples Republic of China(“PRC”)and was listed on the Main Board of The Stock Exchange of Hong Kong Limited(“Stock
5、Exchange”)in February 2002.The Company is a subsidiary of V.S.Industry Berhad,a company incorporated in Malaysia with limited liability,the shares of which are listed on the Main Market of Bursa Malaysia Securities Berhad.The Groups main production facility is located at Zhuhai in the PRC.In additio
6、n,it has an associated company in Hanoi,Vietnam,which is principally engaged in contract manufacturing of plastic moulded products for international brands of electronics consumer products.The Group is a leading integrated electronics manufacturing services(“EMS”)provider,and together with its holdi