道和環球：2019年報.pdf

1、Contents目 錄Chairmans Statement 主席報告書3Management Discussion and Analysis 管理層討論及分析5Biographical Details of Directors and Senior Management董事及高級管理層資料12Corporate Governance Report 公司管治報告20Environmental,Social and Governance Report 環境、社會及管治報告43Reports and Financial Statements 報告書及財務報表 Report of the Direc

2、tors 董事會報告書87 Independent Auditors Report 獨立核數師報告書116 Consolidated Statement of Profit or Loss 綜合損益表123 Consolidated Statement of Comprehensive Income 綜合全面收益表124 Consolidated Statement of Financial Position 綜合財務狀況表125 Consolidated Statement of Changes in Equity 綜合權益變動表127 Consolidated Statement of C

3、ash Flows 綜合現金流量表129 Notes to the Financial Statements 財務報表附註131Five-Year Financial Summary 五年財務概要228Corporate Information 公司資料230Shareholder Information 股東資料232CREATINGShareholderValue為股東創造更高價值道和環球集團有限公司 二零一九年年報Chairmans Statement主席報告書03On behalf of the board(the“Board”)of directors(“Director(s)”)o

4、f Daohe Global Group Limited(the“Company”,together with its subsidiaries,the“Group”),I am pleased to present the annual results of the Company for the year ended 31 December 2019.During the past year,the global economy continued to face stiff headwinds.According to The World Bank,global growth decel

5、erated to 2.4%in 2019,the slowest pace since the global financial crisis,amid weakening trade and investment,with key indicators such as industrial production and trade both declining.In the Peoples Republic of China(“PRC”),the economic picture was equally unflattering,as gross domestic product grew

6、 by just 6.1%in 2019,the slowest economic growth rate since 1990,affected considerably by the trade war with the United States(“Us”).The deteriorating economic climate duly impacted on the Group as we experienced a decline in orders from certain customers of our trading and supply chain management s