PDF《稀镁科技集团控股有限公司》

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稀镁科技集团控股有限公司RARE EARTH MAGNEISUM TECHNOLOGY GROUP HOLDINGS LIMITED ( 於百慕达注册成立之有限公司 ) (股份代号:00601)

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1 8 年全年业绩公告稀镁科技集团控股有限公司 ( 「本公司」 ) 董事会 ( 「董事会」 ) 欣然宣布本公司及其附属 公司截至

2018 年12 月31 日止年度的经审核业绩.本公告列载本公司

2018 年年报 全文,并符合香港联合交易所有限公司证券上市规则内有关全年业绩初步公告须附 载资料的要求.本公司

2018 年年报的印刷版本将於

2019 年4月9日寄发予本公司股 东,并可於其时在联交所网站 www.hkexnews.hk 及本公司的网站 www.remt.com.hk 阅览. 承董事会命 稀镁科技集团控股有限公司 主席 沈世捷 香港,2019 年3月28 日 於本公告日期,本公司执行董事为沈世捷先生及池碧芬女士;

非执行董事为孟健教授及谭伟豪博士 太平绅士;

独立非执行董事为邝炳文先生、张省本先生及关毅杰先生.

2 公司资料 Corporate Information

4 主席报告 Chairman'

s Statement

7 管理层讨论及分析 Management Discussion and Analysis

18 企业管治报告 Corporate Governance Report

31 董事及高级管理人员简介 Directors and Senior Management Profiles

35 董事会报告 Report of the Directors

44 独立核数师报告 Independent Auditor'

s Report

53 综合损益及其他全面收入表 Consolidated Statement of Profit or Loss and Other Comprehensive Income

55 综合财务状况表 Consolidated Statement of Financial Position

57 综合权益变动表 Consolidated Statement of Changes in Equity

59 综合现金流量表 Consolidated Statement of Cash Flows

62 财务报表附注 Notes to Financial Statements

185 财务概要 Financial Summary

2 DIRECTORS Executive Directors: Shum Sai Chit(Chairman) Chi Bi Fen(Chief Executive Officer) Non-executive Directors: Professor Meng Jian Tam Wai Ho, Samson JP Independent Non-executive Directors: Kwong Ping Man Cheung Sound Poon Kwan Ngai Kit AUDIT COMMITTEE Kwong Ping Man(Chairman) Cheung Sound Poon Kwan Ngai Kit REMUNERATION COMMITTEE Kwong Ping Man(Chairman) Chi Bi Fen Cheung Sound Poon NOMINATION COMMITTEE Shum Sai Chit(Chairman) Kwong Ping Man Kwan Ngai Kit COMPANY SECRETARY Fan Kwok Man, Raymond AUDITORS HLB Hodgson Impey Cheng Limited Certified Public Accountants PRINCIPAL BANKERS The Hongkong and Shanghai Banking Corporation Limited DBS Bank (Hong Kong) Limited Bank of Communications Co., Ltd. 董事 执行董事: 沈世捷 (主席) 池碧芬 (行政总裁) 非执行董事: 孟健教授 谭伟豪 太平绅士 独立非执行董事: 邝炳文 张省本 关毅杰 审核委员会 邝炳文 (主席) 张省本 关毅杰 薪酬委员会 邝炳文 (主席) 池碧芬 张省本 提名委员会 沈世捷 (主席) 邝炳文 关毅杰 公司秘书 樊国民 核数师 国卫会计师事务所有限公司 香港执业会计师 主要往来银行 香港上海蠓嵋杏邢薰 星展银行 (香港) 有限公司 交通银行股份有限公司

3 REGISTERED OFFICE Clarendon House Church Street Hamilton HM11 Bermuda PRINCIPAL PLACE OF BUSINESS Suite 1105, 11th Floor Tower 6, The Gateway

9 Canton Road Tsim Sha Tsui, Kowloon Hong Kong PRINCIPAL SHARE REGISTRAR AND TRANSFER OFFICE IN BERMUDA Estera Management (Bermuda) Limited Canon'

s Court,

22 Victoria Street Hamilton HM

12 Bermuda BRANCH SHARE REGISTRAR AND TRANSFER OFFICE IN HONG KONG Tricor Secretaries Limited Level 22, Hopewell Centre

183 Queen'

s Road East Hong Kong WEBSITE http://www.remt.com.hk STOCK CODE

00601 注册办事处 Clarendon House Church Street Hamilton HM11 Bermuda 主要办事处 香港 九龙尖沙咀 广东道9号 港威大厦第6座11楼1105室 百慕达主要股份过户登记处及 转让登记处 Estera Management (Bermuda) Limited Canon'

s Court,

22 Victoria Street Hamilton HM

12 Bermuda 香港股份过户登记分处及 转让登记处 卓佳秘书商务有限公司 香港 皇后大道东183号 合和中心22楼 网址 http://www.remt.com.hk 股份代号

00601 4 I am pleased to present the annual results of Rare Earth Magnesium Technology Group Holdings Limited (the Company ) and its subsidiaries (collectively, the REMT Group or the Group ) for the year ended

31 December

2018 (the Year ) on behalf of the board of directors of the Company (the Board ) for the shareholders'

perusal. The Chinese Government has introduced policies in support of the development of the magnesium industry. In 2018, the Ministry of Industry and Information Technology ('

MIIT'

) announced the Action Plan for Harmonization of Standards for Jointly Building the Belt and Road (2018-2020) , which boosted the standardization of exchanges and cooperation with countries along the One Belt, One Road , and also promoted the cooperation within the manufacturing industry. Among them, in the field of non-ferrous metals, the focus is on strengthening the formulation of international standards in terms of rare earth, copper, lead, zinc, aluminum, magnesium and magnesium alloys, titanium and titanium alloys, to promote the formulation of relevant new material standards in cooperation with countries along the belt and road, so as to facilitate the trading of China'

s non-ferrous metal products along the One Belt, One Road countries. At the same time, the Development Plan for the Non- ferrous Metal Industry (2016 -2020) (the Thirteenth Five-Year Plan for the Non-ferrous Metals Industry ) has been issued by the Central Government earlier, where the development and production of new magnesium alloy materials has been listed as the development priority. Under the One Belt, One Road and the favorable policies of the magnesium industry, the Group'

s business on magnesium alloy production has achieved high-speed development against the backdrop of the favourable policies. Magnesium alloys are widely used in transportation, such as high- speed railway and automobile;

3C electronic products such as computers, mobile phones and cameras;

as well as applications on biomedical and aerospace industries and so on. For the application of new magnesium alloy materials in the aspect of weight reduction for automobiles, the Ministry of Industry and Information Technology, together with the National Development and Reform Commission and the Ministry of Science and Technology, jointly issued the Plan for the Middle and Long-term Development of the Automobile Industry , the Plan , proposing the development of advanced automotive materials and manufacturing equipment, and the acceleration of the application of magnesium alloys and rare earth magnesium (aluminum) alloys. The Plan will further promote the development of magnesium alloy automotive component industry, as well as its application on weight reduction for new energy vehicles, which has a positive effect on the development of energy-saving and emission reduction of vehicles as well as new energy automotives. 本人谨代表本公司董事会 ( 「董事会」 ) 欣 然提呈稀镁科技集团控股有限公司 ( 「本 公司」 ) 及其附属公司 (统称 「稀镁科技」 或 「本集团」 ) 截至二零一八年十二月三十一 日止年度 ( 「年内」 ) 之业绩以供股东省览. 中国政府推出支持镁行业发展的相关政 策,工业和信息化部 ( 「工信部」 ) 在二零 一八年发布 《标准联通共建 「一带一路」 行 动计划 (2018-2020年) 》 ,加大与 「一带一 路」 沿线国家的标准化交流合作力度,并 推进制造业合作.其中於有色金属领域, 重点加强稀土、铜、铅、锌、铝、镁及镁 合金、钛及钛合金等领域的国际标准制 定,推动与沿线国家合作开展相关新材 料标准研制,促进我国相关有色金属产 品在 「一带一路」 沿线国家贸易畅通.同时,中国政府早前出台 《有色金属工业发 展规划 (二零一六至二零二零年) 》 ( 「有色 十三五规划」 ) ,将镁合金新材料的开发 生产列为发展重点.随著一带一路政策及 镁行业有利政策持续实施,本集团的镁产 品业务在良好的政策背景下得以快速发 展. 镁合金的应用领域十分广泛,如高铁、 汽车等交通运输;

电脑、手机、相机等 3C电子产品;

生物医疗以及航太航空等 行业.对於镁合金新材料在汽车轻量化方 面的应用,中国工信部会同发改委、科技 部联合发布 《汽车产业中长期发展规划》 ( 「该计划」 ) ,提出发展先进车用材料及 制造装备,加快镁合金、稀土镁 (铝) 合 金应用.该计划亦将进一步促进镁合金汽 车零部件产业发展,以及在新能源汽车轻 量化方面的应用,并对汽车节能减排和新 能源汽车发展发挥积极作用.

5 The China Society of Automotive Engineers (CSAE) has issued the Roadmap for the Technology of Energy Conservation and New Energy Vehicles , which clearly sets the goals of weight reduction for an entire vehicle by 10%, 20% and 35% by 2020,

2025 and 2030, respectively, and the consumption of magnesium per vehicle will reach 15kg, 25kg and 45kg respectively. The rapid development of automobile industry will lead to a high demand of magnesium alloy. With the trend of Green Economy prevailing today, new magnesium alloy materials will have a broader market space under the industrial trend, and the promotion and application of lightweight automobiles. Xinjiang Tengxiang Magnesium Products Company Limited ( Xinjiang Tengxiang ), a wholly-owned subsidiary of the Group, was recognized as a High and New Technology Enterprise by the Leading Group for the Administration of Determination of High And New Tech Enterprises throughout the Country of the People'

s Republic of China in 2018. The affirmation and approval from the relevant State'

s departments denote the nation-level achievements for REMT and Xinjiang Tengxiang on their research and development capabilities, advanced technology, innovation sustainability and standardized business management. The Group continued its innovation efforts, and has increased its investments in research and development, while adopting the innovative vertical retorts smelting technology. It also optimized the production procedures and operation regulations. The Xinjiang production base being our wholly-owned subsidiary has officially completed construction and commenced the production line by using the advanced technology of vertical retorts for magnesium smelting during the year, marking the Group'

s leading technology among its peers in magnesium production. The vertical retorts smelting technology is the most advanced smelting technology in the magnesium industry, being the direction for development of mechanization, automation and humanized production of the magnesium smelting process. The Group will continue to accumulate new momentum of development a........