PDF《2018》

2018 ANNUAL REPORT CONTENTS Corporate Information

2 Principal Subsidiaries of the Group

3 Mines Information

4 Management Discussion and Analysis

7 Profiles of Directors and Senior Management

18 Report of the Directors

22 Report on Corporate Governance

33 Independent Auditor'

s Report

44 Consolidated Income Statement

51 Consolidated Statement of Comprehensive Income

52 Consolidated Balance Sheet

53 Consolidated Statement of Changes in Equity

55 Consolidated Statement of Cash Flows

56 Notes to the Consolidated Financial Statements

58 Five Years Financial Summary

143 2 Huili Resources (Group) Limited ・ Annual Report

2018 CORPORATE INFORMATION BOARD OF DIRECTORS Executive Directors Ms.

Wang Qian Mr. Liu Huijie Mr. Zhou Jianzhong (appointed on

11 March 2019) Mr. Li Xiaobin (resigned on

11 March 2019) Ms. Jia Dai (resigned on

13 February 2019) Independent Non-Executive Directors Ms. Xiang Siying (Chairman) (appointed as the Chairman on

11 March 2019) Ms. Huang Mei (appointed on

19 October 2018) Mr. Chan Ping Kuen (appointed on

11 March 2019) Ms. Sun Zhili (resigned on

19 October 2018) AUDIT COMMITTEE Ms. Huang Mei (Chairman) (appointed on

19 October 2018) Ms. Xiang Siying Mr. Chan Ping Kuen (appointed on

11 March 2019) Ms. Sun Zhili (resigned on

19 October 2018) REMUNERATION COMMITTEE Ms. Xiang Siying (Chairman) Ms. Wang Qian Ms. Huang Mei (appointed on

19 October 2018) Ms. Sun Zhili (resigned on

19 October 2018) NOMINATION COMMITTEE Ms. Wang Qian (Chairman) Ms. Xiang Siying Ms. Huang Mei (appointed on

19 October 2018) Ms. Sun Zhili (resigned on

19 October 2018) AUTHORISED REPRESENTATIVES Ms. Xiang Siying Mr.Yau Hong Chun COMPANY SECRETARY Mr.Yau Hong Chun (appointed on

13 February 2019) Mr. Ip Wing Wai (resigned on

13 February 2019) INDEPENDENT AUDITOR BDO Limited 25th Floor, Wing On Centre

111 Connaught Road Central Hong Kong LEGAL ADVISERS as to law of Hong Kong Special Administrative Region ( Hong Kong ) Sidley Austin as to law of People'

s Republic of China (the PRC ) Global Law Office as to law of Cayman Islands Conyers Dill &

Pearman REGISTERED OFFICE AND PRINCIPAL PLACE OF BUSINESS In the PRC No.

38 Guangchang Bei Road, Hami City, Xinjiang Uygur Autonomous Region, PRC In Hong Kong Room 2805, 28/F., Harbour Centre, No.25 Harbour Road, Wan Chai, Hong Kong SHARE REGISTRAR AND TRANSFER OFFICE In the Cayman Islands Conyers Trust Company (Cayman) Limited Cricket Square Hutchins Drive P.O. Box

2681 Grand Cayman KY1-1111 Cayman Islands In Hong Kong Tricor Investor Services Limited Level 22, Hopewell Centre

183 Queen'

s Road East Hong Kong COMPANY WEBSITE www.huili.hk STOCK CODE

1303 3 Huili Resources (Group) Limited ・ Annual Report

2018 PRINCIPAL SUBSIDIARIES OF THE GROUP Surplus Plan Limited Huili Runce Investment Consultation (Beijing) Limited* Yonghe County Changshi Engineering Service Company Limited* Hami Jiatai Mineral Resource Exploiture Limited* (Hami Jiatai Concentrator, Project No. 20, Project Baiganhu Gold, Project H-989, Project Huangshan) Shaanxi Jiahe Mineral Exploiture Limited* (Project Huangjinmei) Hami Jinhua Mineral Resource Exploiture Limited* (Hami Jinhua Concentrator, Project Baiganhu) Realty Investment (Group) Limited Jia Zhao Ventures Limited Business Factoring (China) Limited Jiayi Financial Leasing Company Limited* Right Source International Limited Fortune In Investments Limited * For identification purposes only

4 Huili Resources (Group) Limited ・ Annual Report