PDF《OTHER COMPREHENSIVE INCOME》

1 CORPORATE PROFILE 公司简介

2 CORPORATE INFORMATION 公司资料

3 MANAGEMENT DISCUSSION AND ANALYSIS 管理层讨论及分析

6 REVIEW REPORT 审阅报告

13 CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND 合并利润及其他综合收益表

15 OTHER COMPREHENSIVE INCOME CONSOLIDATED STATEMENT OF 合并财务状况表

16 FINANCIAL POSITION CONSOLIDATED STATEMENT OF 合并权益变动表

19 CHANGES IN EQUITY CONDENSED CONSOLIDATED STATEMENT 简明合并现金流量表

21 OF CASH FLOWS NOTES TO THE UNAUDITED INTERIM 未经审核中期财务报告附注

22 FINANCIAL REPORT OTHER INFORMATION 其他资料

57 DEFINITIONS 释义

70 2 Our Company was established in the Cayman Islands on

25 September 2007.

Our Group'

s history dates back to

2001 when Hunan Yingde was established in the PRC. Our Company'

s Shares were listed on the Main Board of the Hong Kong Stock Exchange on

8 October 2009. Our Company wholly owns Yingde BVI, which was incorporated in the British Virgin Islands and is an investment holding company of our Group. Based on the research information in the SAI Reports, we have been the largest domestic independent industrial gas supplier specializing in on-site gas supply in China in terms of total revenue since 2009. We produce, supply and distribute a variety of industrial gas products to our on-site and merchant customers from a number of locations in the PRC, with oxygen, nitrogen and argon being our main gas products. Our on-site customers are those whose premises our gas production facilities are located on or in close proximity to and to whom we supply industrial gases directly. Our merchant customers generally include liquid gas distributors and other industrial companies who purchase industrial gases from us on a spot market basis from time to time. We differentiate our on-site operation and merchant operation as well as the revenue generated from the respective operations in accordance with the type of customers to which we sell our gas products. In relation to the on-site operation, we generate revenue by selling our gas products to those customers with whom we have entered into long- term gas supply contracts. In relation to the merchant operation, we generally generate revenue by selling our gas products (which are produced from the remaining available capacity of our on-site production facilities as well as our dedicated merchant production facilities) to local distributors on the spot market. We also enter into gas supply contracts with a selected number of merchant customers who have a stable and regular demand for our gas products. Pursuant to such contracts, we supply gas products on a regular basis during the term of the relevant gas supply contracts. The on-site production facilities referred to in this report relate to those which we constructed after having entered into long-term gas supply contracts with industrial companies. The merchant production facilities referred to in this report relate to those which we generally operate without entering into long-term gas supply contracts with customers. 本公司於2007年9月25日在开曼群岛成立. 本集团的历史可追溯至2001年湖南盈德在中 国成立.本公司股份於2009年10月8日在香 港联交所主板上市.本公司全资拥有於英属处 女群岛成立的盈德 (英属处女群岛) 并为本集团 的投资控股公司. 根SAI报告的研究资料,按年度总收入计 算,我们自2009年起已经是中国境内最大的 专门从事现场供气的独立工业气体供应商. 我们为位於中国多个地区的现场供气客户及零 售客户生产、供应及分销多种工业气体产品, 我们的主要气体产品为氧气、氮气及氩气.我 们的现场供气客户指我们气体生产设施设置於 其厂房内或毗邻位置并由我们直接供应工业气 体的客户.我们的零售客户通常包括不时於现 货市场向我们购买工业气体的液态气体分销商 及其他工业公司. 我们按销售气体产品的客户类别,区分现场供 气业务及零售业务,以及来自其两者的收益. 就现场供气业务而言,我们乃透过向该等与我 们订立长期供气合约的客户销售气体产品获取 收益.就零售业务而言,我们一般透过於现货 市场向当地分销商销售气体产品 (以我们现场 生产设施的剩余可用产能及专门用作零售生产 的生产设施生产) 获取收益.我们亦与选择性 地对我们的气体产品有稳定及定期需求的部分 零售客户签订供气合约.根玫群显,我们 於有关供气合约年期内定期供应气体产品.本 报告所指的现场生产设施指我们与工业公司订 立长期供气合约后建设的现场供气设施.本报 告所指的零售生产设施指在没有与客户订立长 期供气合约的情况下,我们一般营运的生产设 施.