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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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