南玻Ｂ：2021年半年度报告（英文版）.PDF

《南玻Ｂ：2021年半年度报告（英文版）.PDF》由会员分享，可在线阅读，更多相关《南玻Ｂ：2021年半年度报告（英文版）.PDF（147页珍藏版）》请在淘文阁 - 分享文档赚钱的网站上搜索。

1、CSG HOLDING CO.,LTD.SEMISEMI-ANNUAL REPORT 20ANNUAL REPORT 202121 Chairman of the Board:CHEN LIN August 2021CSG Semi-annual Report 2021 1 Section I.Important Notice,Content and Paraphrase Board of Directors and the Supervisory Committee of CSG Holding Co.,Ltd.(hereinafter referred to as the Company)

2、and its directors,supervisors and senior executives hereby confirm that there are no any fictitious statements,misleading statements,or important omissions carried in this report,and shall take all responsibilities,individual and/or joint,for the facticity,accuracy and completeness of the whole cont

3、ents.Ms.Chen Lin,Chairman of the Board,Mr.Wang Jian,responsible person in charge of accounting and Ms.WangWenxin,principal of the financial department(accounting officer)confirm that the Financial Report enclosed in the semi-annual report of the Company is true,accurate and complete.All directors we

4、re present at the meeting of the Board for deliberating the semi-annual report of the Company in person.The future plans,development strategies and other forward-looking statements mentioned in this report do not constitute a material commitment of the Company to investors.Investors and relevant par

5、ties should pay attention to investment risks,and understand the differences between plans,forecasts and commitments.The Company has described the risk factors and countermeasures of the Companys future development in detail in this report.Please refer to Section III.Management Discussion and Analys

6、is The Company shall comply with the disclosure requirements of Shenzhen Stock Exchange Industry Information Disclosure Guidelines No.13-Listed Companies Engaged in Non-Metal Building Materials Related Business.The Company has no plans of cash dividend distribution,bonus shares being sent or convert

7、ing capital reserve into share capital.This report is prepared both in Chinese and English.Should there be any inconsistency between the Chinese and English versions,the Chinese version shall prevail.CSG Semi-annual Report 2021 2 Content Section I.Important Notice,Content and Paraphrase.1 Section II

8、.Company Profile&Financial Highlights.5 Section III.Business Discussion and Analysis.8 Section IV.Corporate Governance.28 Section V.Environmental and social responsibility.29 Section VI.Important Events.35 Section VII.Changes in Shares and Particulars about Shareholders.46 Section VIII.Preferred sha

9、res.51 Section IX.Bonds.52 Section X.Financial Report.55 CSG Semi-annual Report 2021 3 Documents available for Reference I.Text of the Semi-annual Report carrying the legal representatives signature;II.Text of the financial report carrying the signatures and seals of the legal representative,respons

10、ible person in charge of accounting and person in charge of financial institution;III.All texts of the Companys documents and original public notices disclosed in the papers appointed by CSRC in the report period.CSG Semi-annual Report 2021 4 Paraphrase Item Refers to Content Company,the Company,CSG

11、 or the Group Refers to CSG Holding Co.,Ltd.Foresea Life Refers to Foresea Life Insurance Co.,Ltd.Ultra-thin electronic glass Refers to The electronic glass with thickness between 0.11.1mm Second-generation energy-saving glass Refers to Double silver coated glass Third-generation energy-saving glass

12、 Refers to Triple silver coated glass AG glass Refers to Anti-glare glass AF glass Refers to Anti-fingerprint glass CSG Semi-annual Report 2021 5 Section II.Company Profile&Financial Highlights I.Company Profile Short form of the stock Southern Glass A、Southern Glass B Stock code 000012、200012 Listi

13、ng stock exchange Shenzhen Stock Exchange Legal Chinese name of the Company 中国南玻集团股份有限公司 Abbr.of legal Chinese name of the Company 南玻集团 Legal English name of the Company CSG Holding Co.,Ltd.Abbr.of legal English name of the Company CSG Legal Representative Chen Lin II.Person/Way to contact Secretary

14、 of the Board Representative of securities affairs Name Yang Xinyu Chen Chunyan Contact address CSG Building,No.1 of the 6th Industrial Road,Shekou,Shenzhen,P.R.C.CSG Building,No.1 of the 6th Industrial Road,Shekou,Shenzhen,P.R.C.Tel.(86)755-26860666(86)755-26860666 Fax.(86)755-26860685(86)755-26860

15、685 E-mail III.Other information 1.Way of contact Whether registered address,office address and their postal codes,website address and email address of the Company changed in the report period or not Applicable Not applicable The registered address,office address and their postal codes,website addre

16、ss and email address of the Company did not change in the report period.More details can be found in Annual Report 2020.2.Information disclosure and preparation place Whether information disclosure and preparation place changed in the report period or not Applicable Not applicable The newspapers des

17、ignated by the Company for information disclosure,the website designated by CSRC for disclosing semi-annual report and preparation place of semi-annual report did not change in the report period.More details can be found in Annual Report CSG Semi-annual Report 2021 6 2020.3.Other relevant informatio

18、n Whether other relevant information changed in the report period or not Applicable Not applicable IV.Main accounting data and financial indexes Whether it has retroactive adjustment or re-statement on previous accounting data for accounting policy changed and accounting error correction or not Yes

19、No The report period(Jan.to Jun.2021)The same period of last year Increase/decrease year-on-year Operating income(RMB)6,614,802,538 4,424,221,349 49.51%Net profit attributable to shareholders of the listed company(RMB)1,352,517,465 391,466,723 245.50%Net profit attributable to shareholders of the li

20、sted company after deducting non-recurring gains and losses(RMB)1,329,814,528 358,644,297 270.79%Net cash flow arising from operating activities(RMB)1,698,245,375 779,644,389 117.82%Basic earnings per share(RMB/Share)0.44 0.13 238.46%Diluted earnings per share(RMB/Share)0.44 0.13 238.46%Weighted ave

21、rage ROE 12.60%4.08%8.52%End of this period End of last year Increase/decrease in this period-end over that of last year-end Total assets(RMB)18,563,101,630 17,882,914,898 3.80%Net assets attributable to shareholders of the listed company(RMB)11,258,594,182 10,212,989,847 10.24%The total share capit

22、al of the company as of the previous trading day of disclosure：The total share capital of the company as of the previous trading day of disclosure(share)3,070,692,107 Fully diluted earnings per share calculated with latest equity(RMB/share)0.44 V.Difference of accounting data under domestic and over

23、seas accounting standards 1.Differences of the net profit and net assets disclosed in financial report prepared under international and Chinese accounting standards Applicable Not applicable CSG Semi-annual Report 2021 7 No such differences in the report period.2.Difference of the net profit and net

24、 assets disclosed in financial report prepared under overseas and Chinese accounting standards Applicable Not applicable No such differences in the report period.3.Explanation of the difference of accounting data under domestic and overseas accounting standards Applicable Not applicable VI.Items and

25、 amounts of non-recurring profit(gains)/loss ApplicableNot applicable Unit:RMB Item Amount Note Gains/losses from the disposal of non-current asset(including the write-off that accrued for impairment of assets)137,638 Governmental subsidy reckoned into current gains/losses(not including the subsidy

26、enjoyed in quota or ration according to national standards,which are closely relevant to enterprises business)34,784,072 In addition to the effective hedging business related to the normal business of the company,the profit and loss from changes in fair value arising from the holding of trading fina

27、ncial assets,derivative financial assets,trading financial liabilities and derivative financial liabilities,as well as the investment income from the disposal of trading financial assets,derivative financial assets,trading financial liabilities,derivative financial liabilities and other creditors ri

28、ghts investments 3,672,330 Other non-operating income and expenditure except for the aforementioned items-8,910,187 Less:Impact on income tax 5,384,885 Impact on minority shareholders equity(post-tax)1,596,031 Total 22,702,937-Explain reasons for the non-recurring profit(gain)/loss defined by Q&A An

29、nouncement No.1 on Information Disclosure for Companies Offering Their Securities to the Public-Non-recurring Profit/loss,and the items defined as recurring profit(gain)/loss according to the lists of non-recurring profit(gain)/loss in Q&A Announcement No.1 on Information Disclosure for Companies Of

30、fering Their Securities to the Public-Non-recurring Profit/loss.Applicable Not applicable It did not exist that items defined as recurring profit(gain)/loss according to the lists of non-recurring profit(gain)/loss in Q&A Announcement No.1 on Information Disclosure for Companies Offering Their Secur

31、ities to the Public-Non-recurring Profit/loss in the report period.CSG Semi-annual Report 2021 8 Section III.Business Discussion and Analysis I.Main business of the Company in the report period(I)Main business of the Company CSG is a leading domestic brand of energy-saving glass and a renowned brand

32、 of solar PV products and display devices.Its products and technologies are very popular at home and abroad.Its main business covers R&D,manufacturing and sales of highquality float glass and architectural glass,solar glass,silicon material,renewable energy products such as PV battery and modules,an

33、d new materials and information display products such as ultra-thin electronic glass and display devices.It also provides one-stop services such as project development,construction,operation and maintenance of solar photovoltaic power plants.Flat glass industry CSG now has 10 float glass production

34、lines representing the most advanced technology,2 solar glass production lines and 12 solar glass deep processing production lines in Dongguan,Chengdu,Langfang,Wujiang,Xianning,and also has quartz sand raw material processing and production bases in Sichuan Jiangyou and Guangdong Qingyuan.The annual

35、 capacity of various high-grade float glass has reached more than 2.47 million tons and the annual capacity of solar glass has reached over 0.43 million tons.The float glass products cover high-grade float glass and ultra-clear float glass with various thicknesses from 1.3mm to 25 mm,and the perform

36、ance of the products all reach the leading level in China.Solar glass has a capacity of 60 million square meters per year of deep processing,the products of which cover a variety of thickness of 2-4mm deep processing products.Combining the rapid increase in the penetration rate of dual-glass modules

37、 and the Companys future development needs,the Company is building a total of three lightweight and high-efficiency double-glass processing production lines in Wujiang and Dongguan,adding 36 million square meters of photovoltaic glass processing capacity,which is expected to be put into operation in

38、 2021.To make up for the shortcomings of the Groups photovoltaic glass business capacity and large-scale layout,the Company signed an investment agreement with the Fengyang County Government of Anhui Province to build a manufacturing base of lightweightand high-permeability panels for solar energy e

39、quipment,which contains the construction of four photovoltaic glass production lines and supporting processing lines with a daily melting capacity of 1,200 tons per line.At present,the construction of the project is progressing smoothly as planned.In addition,the Group is building a photovoltaic gla

40、ss production line and supporting processing lines with a daily melting capacity of 1,200 tons in Xianning base.At present,the above-mentioned projects are progressing smoothly as planned.The glass of CSG is widely used in high-end architectural curtain walls,decoration and furniture,reflective mirr

41、or,automotive windshield,scanner and photocopier transparent panel,home appliance panel,display devices protection and solar energy field.The Companys products are sold all over the world,and it has established long-term,stable business cooperation with many well-known processing enterprises.Archite

42、ctural glass industry CSG Group is one of the largest suppliers of high-grade engineering and architectural glass in China.It has built five energy-saving glass processing bases in Tianjin,Dongguan,Xianning,Wujiang and Chengdu.In order to better serve the construction needs of Beijing Tianjin Hebei,

43、Yangtze River Delta,Guangdong,Hong Kong and Macao megalopolis,the Board of Directors of the Group successively approved the construction of Zhaoqing architectural glass base,Wujiang architectural glass intelligent factory and Tianjin architectural glass expansion project in 2020.The above projects w

44、ill be put into operation gradually from the third quarter of this year,which will further strengthen the competition and service capabilities of the Groups architectural glass business in the main battlefield of urban construction,and it will accumulate valuable experience for the construction and

45、operation of CSGs new-generation architectural glass processing base in the era of intelligent manufacturing.At the same time,in line with the trend of CSG Semi-annual Report 2021 9 urban construction extending to the mainland in depth,the Group has paid close attention to the layout of architectura

46、l glass production capacity in the emerging central city group in the mainland.The Board of Directors of the Group has approved the construction of a new architectural glass base in Xian,and further seeks to lay out a class I or class II architectural glass processing base suitable for its scale and

47、 demand in areas with similar conditions.In 2017,CSG low-E coated glass was awarded the title of Single Champion Product by the Ministry of Industry and Information Technology,and it passed the review again in 2020,which fully proves the leading position of CSG architectural glass in the industry.Th

48、e Company has the worlds leading glass deep processing equipment and testing equipment,and its products cover allkindsof engineering and construction glass.The Companys R&D and application of glass coating technology keep space with the world and its technology of high-end product even leads the wor

49、ld.Following the second generation of energy-saving glass products,the Company has successively developed the third generation and multi-function energy-saving glass products with continuous improving energy-saving and heat-preservation effect.The domestic high-end market share of high-quality energ

50、y-saving and environment-friendly LOW-E insulating glass far exceeds that of competitors.At present,the Companys coated insulating glass and coated glass have reached annual capacity of more than16.00 million square meters and 36.00 million square meters respectively.The Companys quality management