[DIii Ila HI I DR '51ee S: cil*
China Zhangwang Holdings Limited
(incorporated in the Cayman Islands with limited liability) Stock Code: 01333
2016 Annual Report
* For identification purposes only
Committed to light- weight development for a greener world
China Zhongwang is the second largest industrial aluminium extrusion product developer and manufacturer in the world and the largest in Asia, primarily focusing on three core synergistic businesses namely
Industrial aluminium extrusion
Deep processing
Aluminium flat rolling
EBITDA margin
32.1%
A world-leading
Adjusted profit for the year increased by 12.1% to RMB
3.14billion
fabricated aluminium product developer and manufacturer. Products are widely used in the transportation, machinery and equipment and electric power
engineering sectors.
Contents
2 Corporate Information
Integrated
light-weight
solution provider
4 Corporate Profile
6 Financial Highlights
8 Core Businesses
10 Corporate Milestones
12 Chairman's Statement
16 Management Discussion and Analysis
29 Profiles of Directors and Senior Management
34 Report of the Directors
47 Corporate Governance Report
58 Environmental, Social and Governance Report
81 Independent Auditor's Report
86 Consolidated Financial Statements
92 Notes to the Financial Statements
144 Five-year Financial Summary
China Zhongwang Holdings Limited
Corporate Information
Place of Listing
The Stock Exchange of Hong Kong Limited
Stock Code
01333
Executive Directors
Mr. Liu Zhongtian (Chairman) Mr. Lu Changqing (President) Mr. Gou Xihui
Non-executive Director
Mr. Chen Yan
Independent Non-executive Directors
Mr. Wong Chun Wa Mr. Wen Xianjun Mr. Shi Ketong
Mr. Lo Wa Kei, Roy
Audit Committee
Mr. Wong Chun Wa (Chairman)
Mr. Wen Xianjun Mr. Shi Ketong
Nomination and Remuneration Committee
Mr. Wen Xianjun (Chairman)
Mr. Liu Zhongtian Mr. Shi Ketong
Corporate Governance Committee
Mr. Lo Wa Kei, Roy (Chairman)
Mr. Wen Xianjun Mr. Shi Ketong
Strategy and Development Committee
Mr. Liu Zhongtian (Chairman)
Mr. Lu Changqing Mr. Wen Xianjun
Joint Company Secretaries
Mr. Cui Weiye
Ms. Cheung Yuet Fan
Authorised Representatives
Mr. Lu Changqing Mr. Cui Weiye
Principal Bankers
Bank of China Limited
Agricultural Bank of China Limited
Industrial and Commercial Bank of China Limited China Construction Bank Corporation
Bank of Communications Corporation Limited China Development Bank Corporation
Bank of America, N. A., Hong Kong Branch Hang Seng Bank Limited
Standard Chartered Bank (Hong Kong) Limited
Registered Office
Cricket Square, Hutchins Drive
P.O. Box 2681 Grand Cayman KY1-1111 Cayman Islands
Head Office and Principal Place of Business in the PRC
No. 299, Wensheng Road Liaoyang City
Liaoning 111003 PRC
42/F China World Tower
No. 1 Jianguomenwai Avenue Beijing 100004
PRC
02
China Zhongwang Holdings Ltd. published this content on 24 April 2017 and is solely responsible for the information contained herein.
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