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'L6F?τ:@4{qglVWr+WzX[cM4ٺ#L&'ifҮw!d}E=_7{leO/>R@ǔ=oC%l=^^F|[\.(^%Øb6n?e,ه}9ҕ@|.`s&tֻMs7 'L6F?τ:@48z8_u2\rʭ^~w˜PPv5u.ykWzX[cM4ٺ#L&'if}/]aiu|ƛ7_i2lnj>֕@|.`s&tֻMs7 'L6F?τ:@ Qnjv,K-1l_4YG0rו@<ˢc| 5ï\‰ӑ)G2ر,ƛ_iu|FLO)f=xЕ@.2jX_&?gMkt3ptdc|C|xbIJxsl]_1g1}/]aiu|ƛ7_i2lnj>ҕ@|.`s&tֻMs7 'L6F?τ:@ Qnjv,K-1l_4YG0rӕ@<ˢc| 5ï\‰ӑҎiσ|xbIJxsl]_1g1).vd`VSף_bW1mC|(^%Øb6n?e,ه}9֕@|.`s&tֻMs7 'L6F?τ:@4ۖCɜ=)^\^w_ /ژ˶ˌ>@)G2ر,ƛ_iu|FLO)f=x?ו@<ˢc| 5ï\‰ӑҒnY \_&wcM4q0"LGɕ4`s]509x,eP J>ʼne4غcM4bxƙK6aN@Е@.2jX_&?gMkt3ptdc|CsJKݹd1q| 6^d3J=THt^ǥX)5ïY]\aJ>ʼne4غcM4bxƙK6aN@ѕ@ˌ.ږ;+ɁZ:]5(0/>).vgp0&4zM#L>?Ä;<_K~Ǔ3uk9:`r@}/]aiu|ƛ7_i2lnj>ҕ@|.`s&tֻMs7 'L6F?τ:@4ۖCɝeM6L3X/o|K~Ǔ3uk9:`r@)G2ر,ƛ_iu|FLO)f=x?ӕ@<ˢc| 5ï\‰ӑҒnY \_&wcM40pb4c8Cr+G_>_fLv~NO2tr|xbIJxsl]_1g1?Օ@ˌ.ږ;+ɁZ:]5(0/>).vgp0&4zM#L>?Ä;iG u/%LFnΚaDc.ڇG.0 Qnjv,K-1l_4YG0r?֕@|.`s&tֻMs7 'L6F?τ:@4ۖCɝeM6L3X/o8|K~Ǔ3uk9:`r@)G2ر,ƛ_iu|FLO)f=x?ו@<ˢc| 5ï\‰ӑҒnY \_&wcM40pb4c8Cr+G_>_fLv~NO2tr|xbIJxsl]_1g1?ѕ@ˌ.ږ;+ɁZ:]5(0/>).vgp0&4zM#L>?Ä;iG u/%LFnΚaDc.ڇG.0 Qnjv,K-1l_4YG0r?ҕ@|.`s&tֻMs7 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All conditions for)-1.8 ( )]TJ 0.028 Tc 0.057 Tw T* (completion of the merger as set out in the Consolidation )Tj 0.155 Tc 0.077 Tw T* [(A)0.5 (g)0.6 (r)0.6 (e)0.5 (e)0.6 (m)0.5 (e)0.6 (n)0.5 (t)14.5 ( b)0.5 (e)0.6 (t)0.5 (w)0.6 (e)0.5 (e)0.6 (n)14.5 ( C)0.6 (h)0.6 (i)0.5 (n)0.6 (a)14.4 ( E)0.6 (n)0.5 (e)0.6 (r)0.5 (g)0.6 (y)14.5 ( I)0.5 (n)0.6 (v)0.5 (e)0.6 (s)0.5 (t)0.6 (m)0.5 (e)0.6 (n)0.5 (t)127.2 ( )]TJ 0.068 Tc 0.078 Tw T* [(Corporation)13.5 ( Limited)13.5 ( and)13.6 ( China)13.6 ( Guodian)13.6 ( Corporation)40.2 ( )]TJ 0.066 Tc T* [(Ltd)13.8 (.)13.7 ( entered)13.7 ( into)13.7 ( between)13.7 ( CHN)13.7 ( Energy)13.7 ( and)13.8 ( Guodian)38.2 ( )]TJ 0.055 Tc T* [(Group)13.9 ( on)13.8 ( 5)13.9 ( February)13.9 ( 2)13.9 (0)13.8 (1)13.9 (8)13.8 ( have)13.9 ( been)13.8 ( satisfied)13.9 (.)13.8 ( Upon)27.2 ( )]TJ 0.028 Tc 0.073 Tw T* (completion of the merger, the controlling Shareholder of )Tj 0.05 Tc 0.077 Tw T* [(th)0.5 (e)14.3 ( C)0.5 (om)0.5 (pa)0.5 (ny)14.4 ( w)0.5 (il)0.5 (l)14.3 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0.09 Tw T* [(industrialised)2.2 ( )0.5 (countries)2.2 ( )0.5 (to)2.2 ( invest)2.2 ( in)2.2 ( projects)2.2 ( that)2.3 ( reduce)2.2 ( )]TJ 0.057 Tc 0.077 Tw T* [(g)0.5 (re)0.5 (e)0.5 (nh)0.5 (o)0.5 (us)0.5 (e)14.3 ( ga)0.5 (s)14.4 ( em)0.5 (i)0.5 (s)0.5 (si)0.5 (o)0.5 (ns)14.4 ( i)0.5 (n)14.4 ( d)0.5 (ev)0.5 (el)0.5 (o)0.5 (p)0.5 (in)0.5 (g)14.4 ( c)0.5 (ou)0.5 (nt)0.5 (r)0.5 (i)0.5 (es)14.4 ( i)0.5 (n)29.2 ( )]TJ 0.028 Tc 0 Tw T* (order to earn emission credits)Tj -16.198 -3.048 Td (\223connected person\(s\)\224)Tj 0.076 Tc 0.078 Tw 16.198 0 Td [(has)14.3 ( )0.5 (the)14.2 ( )0.6 (meaning)14.3 ( )0.5 (ascribed)14.3 ( )0.5 (thereto)14.3 ( )0.5 (under)14.3 ( )0.5 (the)14.3 ( )0.5 (Listing)48.2 ( )]TJ 0.028 Tc -0.028 Tw T* (Rules)Tj 0 Tw -16.198 -3.048 Td (\223consolidated installed)Tj 0 Tc ( )Tj 0.028 Tc -0.028 Tw 0.999 -1.524 Td (capacity\224)Tj 0.082 Tc 0.077 Tw 15.199 1.524 Td [(t)0.5 (h)0.5 (e)14.4 ( a)0.5 (g)0.5 (g)0.5 (r)0.5 (e)0.5 (g)0.6 (a)0.5 (t)0.5 (e)14.4 ( i)0.6 (n)0.5 (s)0.5 (t)0.5 (a)0.5 (l)0.5 (l)0.6 (e)0.5 (d)14.4 ( c)0.6 (a)0.5 (p)0.5 (a)0.5 (c)0.5 (i)0.5 (t)0.5 (y)14.4 ( o)0.5 (r)14.4 ( c)0.5 (a)0.5 (p)0.5 (a)0.5 (c)0.5 (i)0.6 (t)0.5 (y)14.4 ( u)0.5 (n)0.6 (d)0.5 (e)0.5 (r)54.2 ( )]TJ 0.108 Tc 0.078 Tw T* [(construction)14.3 ( )0.5 (\()14.3 (as)14.3 ( )0.5 (the)14.2 ( )0.5 (case)14.3 ( )0.5 (may)14.2 ( )0.6 (be)14.3 (\))14.3 ( )0.5 (of)14.2 ( )0.5 (our)14.2 ( )0.6 (project)80.2 ( )]TJ 0.028 Tc 0.01 Tw T* (companies that we fully consolidated in our consolidated )Tj 0.05 Tc 0.077 Tw T* [(f)0.5 (i)0.6 (n)0.5 (a)0.6 (n)0.6 (c)0.5 (i)0.6 (a)0.5 (l)14.5 ( s)0.5 (t)0.5 (a)0.6 (t)0.5 (e)0.6 (m)0.5 (e)0.6 (n)0.5 (t)0.6 (s)14.4 ( o)0.6 (n)0.5 (l)0.6 (y)14.4 (.)14.5 ( I)0.5 (t)14.5 ( i)0.5 (s)14.5 ( c)0.5 (a)0.6 (l)0.5 (c)0.6 (u)0.5 (l)0.6 (a)0.5 (t)0.6 (e)0.5 (d)14.5 ( b)0.5 (y)14.5 ( i)0.5 (n)0.6 (c)0.5 (l)0.6 (u)0.5 (d)0.6 (i)0.6 (n)0.5 (g)22.2 ( )]TJ 0.106 Tc 0.078 Tw T* [(1)14.1 (0)14.2 (0)14.2 (%)14.1 ( )0.5 (of)14.2 ( the)14.2 ( installed)14.2 ( capacity)14.2 ( or)14.2 ( capacity)14.1 ( )0.5 (under)78.2 ( )]TJ 0.081 Tc T* [(construction)14.1 ( of)14.1 ( our)14.1 ( project)14.1 ( companies)14.1 ( that)14.1 ( we)14.1 ( fully)53.2 ( )]TJ 0.069 Tc T* [(consolidate)14.3 ( )0.5 (in)14.3 ( )0.5 (our)14.3 ( )0.5 (consolidated)14.3 ( )0.5 (financial)14.3 ( )0.5 (statements)41.2 ( )]TJ 0.03 Tc 0.09 Tw T* [(and)2.2 ( are)2.2 ( )0.5 (deemed)2.2 ( )0.5 (as)2.2 ( our)2.2 ( )0.5 (subsidiaries)2.2 (.)2.2 ( Both)2.2 ( )0.5 (consolidated)2.2 ( )]TJ 0.077 Tc 0.078 Tw T* [(installed)13.8 ( capacity)13.7 ( and)13.8 ( consolidated)13.8 ( capacity)13.7 ( under)49.2 ( )]TJ 0.125 Tc T* [(construction)13.7 ( do)13.7 ( not)13.7 ( include)13.7 ( the)13.7 ( capacity)13.7 ( of)13.7 ( our)97.2 ( )]TJ 0.028 Tc 0 Tw 0 -1.524 TD (associated companies)Tj ET endstreamendobj290 0 obj<>endobj286 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT 1 0.36 0.14 0 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 37.6388 33.8036 Tm (378)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT 0 0 0 1 k /GS1 gs /T1_1 1 Tf 0 Tw 10.5 0 0 10.5 70.8661 665.6484 Tm (\22318th CPC National Congress\224)Tj 0.05 Tc 0.078 Tw 16.198 0 Td [(the)13.7 ( 1)13.7 (8)13.7 (th)13.8 ( National)13.7 ( Congress)13.7 ( of)13.7 ( the)13.7 ( Communist)13.7 ( Party)13.7 ( of)22.2 ( )]TJ 0.028 Tc -0.028 Tw 0 -1.524 TD (China)Tj 0 Tw -16.198 -3.048 Td (\22319th CPC National Congress\224)Tj 0.05 Tc 0.078 Tw 16.198 0 Td [(the)13.7 ( 1)13.7 (9)13.7 (th)13.8 ( National)13.7 ( Congress)13.7 ( of)13.7 ( the)13.7 ( Communist)13.7 ( Party)13.7 ( of)22.2 ( )]TJ 0.028 Tc -0.028 Tw T* (China)Tj 0 Tw -16.198 -3.048 Td (\223Articles of Association\224)Tj 16.198 0 Td (the articles of association of the Company)Tj -16.198 -3.048 Td (\223attributable installed capacity\224)Tj 0.082 Tc 0.077 Tw 16.198 0 Td [(t)0.5 (h)0.5 (e)14.4 ( a)0.5 (g)0.5 (g)0.5 (r)0.5 (e)0.5 (g)0.6 (a)0.5 (t)0.5 (e)14.4 ( i)0.6 (n)0.5 (s)0.5 (t)0.5 (a)0.5 (l)0.5 (l)0.6 (e)0.5 (d)14.4 ( c)0.6 (a)0.5 (p)0.5 (a)0.5 (c)0.5 (i)0.5 (t)0.5 (y)14.4 ( o)0.5 (r)14.4 ( c)0.5 (a)0.5 (p)0.5 (a)0.5 (c)0.5 (i)0.6 (t)0.5 (y)14.4 ( u)0.5 (n)0.6 (d)0.5 (e)0.5 (r)54.2 ( )]TJ 0.108 Tc 0.078 Tw T* [(construction)14.3 ( )0.5 (\()14.3 (as)14.3 ( )0.5 (the)14.2 ( )0.5 (case)14.3 ( )0.5 (may)14.2 ( )0.6 (be)14.3 (\))14.3 ( )0.5 (of)14.2 ( )0.5 (our)14.2 ( )0.6 (project)80.2 ( )]TJ 0.078 Tc T* [(companies)13.8 ( or)13.8 ( individual)13.8 ( projects)13.8 ( under)13.8 ( one)13.8 ( project)50.2 ( )]TJ 0.044 Tc 0 -1.524 TD [(company)13.7 ( in)13.7 ( which)13.7 ( we)13.7 ( have)13.7 ( an)13.7 ( interest)13.7 ( in)13.7 ( proportion)13.6 ( to)16.2 ( )]TJ 0.038 Tc 0.082 Tw 0 -1.524 TD [(the)10.2 ( )0.5 (level)10.2 ( )0.5 (of)10.2 ( our)10.2 ( ownership)10.2 ( )0.5 (in)10.2 ( )0.5 (each)10.2 ( )0.5 (of)10.2 ( )0.5 (those)10.2 ( )0.5 (companies)10.2 (.)10.2 ( )]TJ 0.028 Tc 0.058 Tw T* (It is calculated by multiplying our percentage ownership )Tj 0.041 Tc 0.079 Tw T* [(in)13.2 ( each)13.2 ( project)13.2 ( company)13.2 ( in)13.2 ( )0.5 (which)13.2 ( )0.5 (we)13.2 ( )0.5 (have)13.2 ( )0.5 (an)13.1 ( )0.5 (interest)13.2 (,)13.2 ( )]TJ 0.065 Tc 0.078 Tw T* [(whether)14.3 ( )0.6 (or)14.3 ( )0.5 (not)14.3 ( )0.5 (such)14.3 ( )0.6 (interest)14.3 ( )0.5 (is)14.3 ( )0.6 (a)14.3 ( )0.5 (controlling)14.2 ( )0.6 (interest)14.3 (,)37.2 ( )]TJ 0.064 Tc T* [(by)13.5 ( its)13.5 ( total)13.5 ( installed)13.5 ( capacity)13.5 ( or)13.5 ( total)13.5 ( capacity)13.6 ( under)36.2 ( )]TJ 0.067 Tc T* [(construction)14 ( \()14 (as)14 ( the)14 ( case)14 ( may)14 ( be)14 (\))13.9 (.)14 ( Both)14 ( attributable)39.2 ( )]TJ 0.064 Tc T* [(installed)14 ( capacity)13.9 ( and)14 ( attributable)13.9 ( installed)14 ( capacity)36.2 ( )]TJ 0.074 Tc T* [(under)13.8 ( construction)13.8 ( include)13.9 ( the)13.8 ( capacity)13.8 ( of)13.8 ( both)13.8 ( our)46.3 ( )]TJ 0.041 Tc 0.079 Tw T* [(subsidiaries)13.2 ( )0.5 (and)13.2 ( )0.5 (associated)13.2 ( companies)13.2 ( but)13.2 ( )0.5 (only)13.2 ( to)13.2 ( the)13.1 ( )]TJ 0.028 Tc 0 Tw T* (extent of our equity ownership)Tj -16.198 -3.048 Td (\223average utilisation hours\224)Tj 0.069 Tw 16.198 0 Td (the consolidated power generation in a specified period )Tj 0.044 Tc 0.077 Tw T* [(\()14.5 (i)0.5 (n)14.4 ( M)0.6 (W)0.6 (h)14.4 ( o)0.5 (r)14.5 ( G)0.5 (W)0.6 (h)14.5 (\))14.4 ( d)0.6 (i)0.5 (v)0.6 (i)0.5 (d)0.6 (e)0.5 (d)14.5 ( b)0.5 (y)14.5 ( t)0.5 (h)0.6 (e)14.4 ( a)0.5 (v)0.6 (e)0.5 (r)0.6 (a)0.5 (g)0.6 (e)14.4 ( c)0.6 (o)0.5 (n)0.6 (s)0.5 (o)0.6 (l)0.5 (i)0.6 (d)0.5 (a)0.6 (t)0.5 (e)0.5 (d)16.3 ( )]TJ 0.028 Tc 0 Tw T* (installed capacity in the same period \(in MW or GW\))Tj -0.028 Tw -16.198 -3.048 Td (\223biomass\224)Tj 0.03 Tc 0.09 Tw 16.198 0 Td [(p)0.5 (l)0.6 (a)0.5 (n)0.5 (t)2.2 ( )0.5 (m)0.5 (a)0.5 (t)0.6 (e)0.5 (r)0.5 (i)0.6 (a)0.5 (l)2.2 (,)2.2 ( )0.5 (v)0.5 (e)0.5 (g)0.6 (e)0.5 (t)0.5 (a)0.5 (t)0.6 (i)0.5 (o)0.6 (n)2.2 (,)2.2 ( o)0.5 (r)2.2 ( )0.5 (a)0.5 (g)0.6 (r)0.5 (i)0.5 (c)0.6 (u)0.5 (l)0.5 (t)0.6 (u)0.5 (r)0.5 (a)0.5 (l)2.3 ( w)0.6 (a)0.5 (s)0.5 (t)0.5 (e)2.3 ( u)0.5 (s)0.6 (e)0.5 (d)2.2 ( )0.5 (a)0.5 (s)2.2 ( )]TJ 0.028 Tc 0 Tw T* (a fuel or energy source)Tj -0.028 Tw -16.198 -3.048 Td (\223Board\224)Tj 0 Tw 16.198 0 Td (the board of directors of the Company)Tj ET endstreamendobj287 0 obj<>endobj288 0 obj<>/Font<>/ProcSet[/PDF/Text]>>/Subtype/Form>>stream BT 1 0.36 0.14 0.3 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc 0 Tw 0 Ts 100 Tz 0 Tr 20 0 0 20 70.8539 729.9951 Tm (GLOSSARY OF TERMS)Tj ET endstreamendobj291 0 obj<>endobj284 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 536.9537 33.8036 Tm (377)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0 Tw 14 0 0 14 70.8661 670.2631 Tm [(47 )-551.2 (SERVICE CONCESSION ARRANGEMENTS)]TJ 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.092 Tw 10.5 0 0 10.5 99.2126 638.2631 Tm [(In )0.5 (recent )0.5 (years, the )0.5 (Group )0.5 (has entered )0.5 (into several service )0.5 (concession )0.5 (agreements )]TJ 0.037 Tc 0.083 Tw 0 -1.524 TD [(w)0.5 (i)0.5 (t)0.5 (h)9.2 ( l)0.5 (o)0.5 (c)0.5 (a)0.5 (l)9.2 ( g)0.5 (o)0.5 (v)0.5 (er)0.5 (n)0.5 (m)0.5 (e)0.5 (n)0.5 (ts)9.2 ( )0.5 (\()9.2 (t)0.5 (h)0.5 (e)9.2 ( \223)9.2 (G)0.5 (r)0.5 (a)0.5 (n)0.5 (t)0.5 (or)9.2 (\224)9.3 (\))9.2 ( t)0.5 (o)9.2 ( c)0.5 (o)0.5 (n)0.5 (s)0.5 (t)0.5 (ru)0.5 (c)0.5 (t)9.2 ( )0.5 (an)0.5 (d)9.2 ( )0.5 (o)0.5 (p)0.5 (er)0.5 (a)0.5 (t)0.5 (e)9.2 ( w)0.5 (i)0.5 (n)0.5 (d)9.2 ( )0.5 (p)0.5 (ow)0.5 (e)0.5 (r)9.2 ( )0.5 (p)0.5 (l)0.5 (an)0.5 (t)0.5 (s)9.2 ( )]TJ 0.043 Tc 0.078 Tw T* [(during)13.6 ( the)13.6 ( concession)13.7 ( period)13.6 (,)13.6 ( which)13.7 ( is)13.6 ( normally)13.6 ( for)13.6 ( 2)13.6 (2)13.6 (\226)13.6 (2)13.6 (5)13.7 ( years)13.6 ( of)13.7 ( operation)13.6 (.)13.7 ( The)15.2 ( )]TJ 0.028 Tc 0.061 Tw T* [(Group )0.5 (is )0.5 (responsible )0.5 (for )0.5 (the )0.5 (construction )0.6 (and )0.5 (maintenance )0.5 (of )0.5 (the )0.5 (wind power )0.5 (plants )]TJ 0.058 Tw T* (during the concession period. At the end of the concession period, the G\roup either )Tj 0.06 Tc 0.077 Tw T* [(need)0.5 (s)14.3 ( t)0.5 (o)14.3 ( d)0.5 (ispos)0.5 (e)14.3 ( of)14.3 ( the)14.4 ( w)0.5 (ind)14.3 ( pow)0.5 (er)14.4 ( p)0.5 (lants)14.3 ( or)14.4 ( tr)0.5 (ansfer)14.3 ( the)14.3 ( wi)0.5 (nd)14.3 ( powe)0.5 (r)14.3 ( p)0.5 (lants)14.3 ( to)32.2 ( )]TJ 0.042 Tc 0.078 Tw T* [(the)13.5 ( Grantor)13.5 ( at)13.5 ( nil)13.5 ( consideration)13.5 (.)13.5 ( Service)13.5 ( concession)13.4 ( construction)13.5 ( revenue)13.5 ( \()13.4 (note)13.5 ( 5)13.5 (\))14.2 ( )]TJ 0.028 Tc 0 Tw T* [(r)0.5 (ec)0.5 (o)0.5 (rd)0.5 (ed)0.5 ( )0.5 (du)0.5 (r)0.5 (i)0.5 (ng)0.5 ( t)0.5 (h)0.5 (e )0.5 (y)0.5 (ea)0.5 (r)0.5 (s )0.5 (r)0.5 (ep)0.5 (r)0.5 (es)0.5 (en)0.5 (t)0.5 (s )0.5 (th)0.5 (e)0.5 ( r)0.5 (e)0.5 (ve)0.5 (nu)0.5 (e)0.5 ( r)0.5 (e)0.5 (co)0.5 (gn)0.5 (i)0.5 (se)0.5 (d)0.5 ( d)0.5 (u)0.5 (ri)0.5 (n)0.5 (g )0.5 (t)0.5 (he)0.5 ( )0.5 (co)0.5 (ns)0.5 (t)0.5 (ru)0.5 (c)0.5 (ti)0.5 (o)0.5 (n )]TJ 0.079 Tw T* (stage of the service concession period. 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0 1 k /GS1 gs /T1_2 1 Tf 0.028 Tc -49.332 -3.048 Td (At 31 December 2018)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 24.442 0 Td (74,980,688)Tj 11.597 0 Td (415,423)Tj 10.124 0 Td (855,275)Tj ET 2.5 w q 1 0 0 1 274.9606 284.9973 cm 0 0 m 73.701 0 l S Q 0.835 w q 1 0 0 1 274.9607 281.6649 cm 0 0 m 73.701 0 l S Q BT 0 Tc 0 Tw 8.4 0 0 10.5 343.524 282.5808 Tm ( )Tj ET 2.5 w q 1 0 0 1 360 284.9973 cm 0 0 m 73.701 0 l S Q 0.835 w q 1 0 0 1 360 281.6649 cm 0 0 m 73.701 0 l S Q BT 8.4 0 0 10.5 428.5634 282.5808 Tm ( )Tj ET 2.5 w q 1 0 0 1 445.0394 284.9973 cm 0 0 m 73.701 0 l S Q 0.835 w q 1 0 0 1 445.0394 281.6649 cm 0 0 m 73.701 0 l S Q BT 8.4 0 0 10.5 513.6027 282.5808 Tm ( )Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.028 Tc -49.332 -3.048 Td (At 1 January 2017)Tj -0.028 Tw 24.442 0 Td (75,799,147)Tj 11.597 0 Td (500,000)Tj 10.124 0 Td (575,741)Tj 0 Tw -46.163 -1.524 Td (Changes from financing cash flows)Tj -0.028 Tw 25.026 0 Td (1,563,631)Tj 11.209 0 Td (\(62,045\))Tj 8.65 0 Td (\(4,367,497\))Tj 0 Tw -44.885 -1.524 Td (Foreign exchange movement)Tj -0.028 Tw 26.499 0 Td (31,562)Tj 0 Tc 0 Tw 12.821 0 Td (\226)Tj 10.124 0 Td (\226)Tj 0.028 Tc -49.444 -1.524 Td (Distribution for dividends)Tj 0 Tc 29.196 0 Td (\226)Tj 10.124 0 Td (\226)Tj 0.028 Tc -0.028 Tw 5.953 0 Td (1,381,248)Tj 0 Tw -45.273 -1.524 Td (Interest expense)Tj 0 Tc 29.196 0 Td (\226)Tj 0.028 Tc -0.028 Tw 7.427 0 Td (19,362)Tj 8.65 0 Td (3,013,147)Tj 0 Tw -45.273 -1.524 Td (Distribution for perpetual medium-term )Tj -0.028 Tw 1.249 -1.524 Td (notes)Tj 0 Tc 0 Tw 27.948 0 Td (\226)Tj 10.124 0 Td (\226)Tj 0.028 Tc -0.028 Tw 6.843 0 Td (157,937)Tj 0 Tw -46.163 -1.524 Td (Interest paid classified as operating cash )Tj -0.028 Tw 1.249 -1.524 Td (flows)Tj 0 Tc 0 Tw 27.948 0 Td (\226)Tj 0.028 Tc -0.028 Tw 8.011 0 Td (3,628)Tj 0 Tc 0 Tw 12.237 0 Td (\226)Tj ET 0.5 w /GS0 gs q 1 0 0 1 274.9608 118.4883 cm 0 0 m 73.701 0 l S Q BT /GS1 gs 8.4 0 0 10.5 343.5241 119.5718 Tm ( )Tj ET /GS0 gs q 1 0 0 1 360.0001 118.4883 cm 0 0 m 73.701 0 l S Q BT /GS1 gs 8.4 0 0 10.5 428.5635 119.5718 Tm ( )Tj ET /GS0 gs q 1 0 0 1 445.0395 118.4883 cm 0 0 m 73.701 0 l S Q BT /GS1 gs 8.4 0 0 10.5 513.6028 119.5718 Tm ( )Tj 0.028 Tc -49.332 -3.048 Td (At 31 December 2017)Tj -0.028 Tw 24.442 0 Td (77,394,340)Tj 11.597 0 Td (460,945)Tj 10.124 0 Td (760,576)Tj ET 2.5 w /GS0 gs q 1 0 0 1 274.9608 82.3247 cm 0 0 m 73.701 0 l S Q 0.835 w q 1 0 0 1 274.9608 78.9922 cm 0 0 m 73.701 0 l S Q BT /GS1 gs 0 Tc 0 Tw 8.4 0 0 10.5 343.5241 79.9082 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 360.0001 82.3247 cm 0 0 m 73.701 0 l S Q 0.835 w q 1 0 0 1 360.0002 78.9922 cm 0 0 m 73.701 0 l S Q BT /GS1 gs 8.4 0 0 10.5 428.5635 79.9082 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 445.0395 82.3247 cm 0 0 m 73.701 0 l S Q 0.835 w q 1 0 0 1 445.0395 78.9922 cm 0 0 m 73.701 0 l S Q BT /GS1 gs 8.4 0 0 10.5 513.6028 79.9082 Tm ( )Tj ET endstreamendobj364 0 obj<>endobj361 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 37.6388 33.8036 Tm (372)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q 0 0 0 0 k 354.331 630.52 85.039 -16.5 re 354.331 614.02 85.039 -16.5 re 354.331 597.52 85.039 -4 re 354.331 593.52 85.039 -16.5 re 354.331 577.02 85.039 -16 re 354.331 561.02 85.039 -16 re 354.331 545.02 85.039 -16 re 354.331 529.02 85.039 -16 re 354.331 513.02 85.039 -3.009 re 354.331 510.011 85.039 -16 re 354.331 494.011 85.039 -16 re 354.331 478.011 85.039 -3.009 re 354.331 475.002 85.039 -16 re 354.331 459.002 85.039 -16 re 354.331 443.002 85.039 -3.009 re 354.331 439.993 85.039 -16 re 354.331 423.993 85.039 -16 re 354.331 407.993 85.039 -3.009 re 354.331 404.984 85.039 -16 re 354.331 388.984 85.039 -16 re 354.331 372.984 85.039 -16 re 354.331 356.984 85.039 -16 re 354.331 340.984 85.039 -16 re 354.331 324.984 85.039 -3.009 re 354.331 321.975 85.039 -16 re 354.331 305.975 85.039 -16 re 354.331 289.975 85.039 -3.009 re 354.331 286.966 85.039 -16 re 354.331 270.966 85.039 -16 re 354.331 254.966 85.039 -7.664 re 354.331 247.302 85.039 -16 re 354.331 231.302 85.039 -16 re 354.331 215.302 85.039 -16 re 354.331 199.302 85.039 -16 re 354.331 183.302 85.039 -16 re 354.331 167.302 85.039 -3.009 re 354.331 164.293 85.039 -16 re 354.331 148.293 85.039 -16 re 354.331 132.293 85.039 -7.664 re 354.331 124.629 85.039 -3.009 re f BT /CS0 cs 1 scn /T1_1 1 Tf 10.5 0 0 10.5 409.4731 615.3531 Tm (2018)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (2017)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 10.5 0 2.8135 10.5 386.5307 598.8531 Tm (RMB\222000)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.265 0 Td (RMB\222000)Tj ET /CS0 CS 1 SCN /GS0 gs q 1 0 0 1 99.2126 594.02 cm 0 0 m 255.118 0 l S Q BT /GS1 gs 0 Tc 0 Tw 10.5 0 0 10.5 99.2126 594.8535 Tm ( )Tj ET /GS0 gs q 1 0 0 1 354.3307 594.02 cm 0 0 m 85.039 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 10.5 0 2.8135 10.5 354.3307 594.8535 Tm ( )Tj ET q 1 0 0 1 439.3701 594.02 cm 0 0 m 85.039 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 2.8135 10.5 439.3701 594.8535 Tm ( )Tj /T1_1 1 Tf 0.028 Tc 10.5 0 0 10.5 99.2126 562.3535 Tm (Current liabilities)Tj /T1_2 1 Tf -0.028 Tw 0 -1.524 TD (Borrowings)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 26.602 0 Td (17,910,000)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (21,032,810)Tj 0 Tw -34.701 -1.524 Td (Trade and bills payables)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 29.243 0 Td (5,998)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.515 0 Td (10,927)Tj 0 Tw -36.758 -1.524 Td (Other payables)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 26.602 0 Td (15,177,886)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (13,842,509)Tj ET 0.5 w /GS0 gs q 1 0 0 1 360 510.2609 cm 0 0 m 73.701 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tc 0 Tw 10.5 0 0 10.5 354.3307 511.3444 Tm ( )Tj ET q 1 0 0 1 445.0393 510.2609 cm 0 0 m 73.701 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 0 10.5 439.3701 511.3444 Tm ( )Tj /T1_1 1 Tf 0.028 Tc -32.396 -3.048 Td (Total current liabilities)Tj /CS0 cs 1 scn /GS0 gs -0.028 Tw 26.602 0 Td (33,093,884)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (34,886,246)Tj ET /GS0 gs q 1 0 0 1 360 475.2518 cm 0 0 m 73.701 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tc 0 Tw 10.5 0 0 10.5 354.3307 476.3353 Tm ( )Tj ET q 1 0 0 1 445.0393 475.2518 cm 0 0 m 73.701 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 0 10.5 439.3701 476.3353 Tm ( )Tj /T1_1 1 Tf 0.028 Tc -32.396 -3.048 Td (Net current assets/\(liabilities\))Tj /CS0 cs 1 scn /GS0 gs -0.028 Tw 26.602 0 Td (29,654,999)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (23,971,597)Tj ET /GS0 gs q 1 0 0 1 360 440.2428 cm 0 0 m 73.701 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tc 0 Tw 10.5 0 0 10.5 354.3307 441.3263 Tm ( )Tj ET q 1 0 0 1 445.0393 440.2428 cm 0 0 m 73.701 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 0 10.5 439.3701 441.3263 Tm ( )Tj /T1_1 1 Tf 0.028 Tc -32.396 -3.048 Td (Total assets less current liabilities)Tj /CS0 cs 1 scn /GS0 gs -0.028 Tw 26.602 0 Td (67,604,273)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (61,896,452)Tj ET /GS0 gs q 1 0 0 1 360 405.2337 cm 0 0 m 73.701 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tc 0 Tw 10.5 0 0 10.5 354.3307 406.3172 Tm ( )Tj ET q 1 0 0 1 445.0393 405.2337 cm 0 0 m 73.701 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 0 10.5 439.3701 406.3172 Tm ( )Tj /T1_1 1 Tf 0.028 Tc -32.396 -3.048 Td (Non-current liabilities)Tj /T1_2 1 Tf -0.028 Tw T* (Borrowings)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 26.602 0 Td (28,663,178)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (25,155,868)Tj 0 Tw -34.701 -1.524 Td (Deferred income)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 28.659 0 Td (17,970)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (21,958)Tj 0 Tw -36.758 -1.524 Td (Deferred tax liabilities)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 28.659 0 Td (38,969)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.683 0 Td (4,162)Tj ET /GS0 gs q 1 0 0 1 360 322.2247 cm 0 0 m 73.701 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tc 0 Tw 10.5 0 0 10.5 354.3307 323.3082 Tm ( )Tj ET q 1 0 0 1 445.0393 322.2247 cm 0 0 m 73.701 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 0 10.5 439.3701 323.3082 Tm ( )Tj /T1_1 1 Tf 0.028 Tc -32.396 -3.048 Td (Total non-current liabilities)Tj /CS0 cs 1 scn /GS0 gs -0.028 Tw 26.602 0 Td (28,720,117)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (25,181,988)Tj ET /GS0 gs q 1 0 0 1 360 287.2156 cm 0 0 m 73.701 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tc 0 Tw 10.5 0 0 10.5 354.3307 288.2991 Tm ( )Tj ET q 1 0 0 1 445.0393 287.2156 cm 0 0 m 73.701 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 0 10.5 439.3701 288.2991 Tm ( )Tj /T1_1 1 Tf 0.028 Tc -32.396 -3.048 Td (NET ASSETS)Tj /CS0 cs 1 scn /GS0 gs -0.028 Tw 26.602 0 Td (38,884,156)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (36,714,464)Tj ET 2.5 w /GS0 gs q 1 0 0 1 360 251.0521 cm 0 0 m 73.701 0 l S Q 0.835 w q 1 0 0 1 360 247.7196 cm 0 0 m 73.701 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tc 0 Tw 10.5 0 0 10.5 354.3307 248.6356 Tm ( )Tj ET 2.5 w q 1 0 0 1 445.0394 251.0521 cm 0 0 m 73.701 0 l S Q 0.835 w q 1 0 0 1 445.0394 247.7196 cm 0 0 m 73.701 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 0 10.5 439.3701 248.6356 Tm ( )Tj /T1_1 1 Tf 0.028 Tc -32.396 -3.048 Td (CAPITAL AND RESERVES)Tj /T1_2 1 Tf T* (Share capital)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 27.186 0 Td (8,036,389)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (8,036,389)Tj 0 Tw -35.285 -1.524 Td (Perpetual medium-term notes)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 27.186 0 Td (4,991,000)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (4,991,000)Tj -35.285 -1.524 Td (Reserves)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 26.602 0 Td (25,856,767)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (23,687,075)Tj ET 0.5 w /GS0 gs q 1 0 0 1 360 164.543 cm 0 0 m 73.701 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tc 0 Tw 10.5 0 0 10.5 354.3307 165.6265 Tm ( )Tj ET q 1 0 0 1 445.0393 164.543 cm 0 0 m 73.701 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 0 10.5 439.3701 165.6265 Tm ( )Tj /T1_1 1 Tf 0.028 Tc -32.396 -3.048 Td (TOTAL EQUITY)Tj /CS0 cs 1 scn /GS0 gs -0.028 Tw 26.602 0 Td (38,884,156)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (36,714,464)Tj ET 2.5 w /GS0 gs q 1 0 0 1 360 128.3795 cm 0 0 m 73.701 0 l S Q 0.835 w q 1 0 0 1 360 125.047 cm 0 0 m 73.701 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tc 0 Tw 10.5 0 0 10.5 354.3307 125.963 Tm ( )Tj ET 2.5 w q 1 0 0 1 445.0394 128.3795 cm 0 0 m 73.701 0 l S Q 0.835 w q 1 0 0 1 445.0394 125.047 cm 0 0 m 73.701 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 0 10.5 439.3701 125.963 Tm ( )Tj /CS1 cs 0.3 1 scn /GS0 gs /T1_1 1 Tf 0.061 Tc 0.078 Tw 14 0 0 14 70.8661 670.2631 Tm [(4)33.2 (1)33.2 ( )-440.1 (COMPANY)13.6 (-)13.6 (LEVEL)13.6 ( STATEMENT)13.6 ( OF)13.6 ( FINANCIAL)13.6 ( POSITION)33.2 ( )]TJ 0.028 Tc -0.028 Tw 2.025 -1.357 Td (\(Continued\))Tj ET endstreamendobj362 0 obj<>endobj359 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 536.9537 33.8036 Tm (371)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0 Tw 14 0 0 14 70.8661 670.2631 Tm [(41 )-551.2 (COMPANY-LEVEL STATEMENT OF FINANCIAL POSITION)]TJ ET 0 0 0 0 k 354.331 652.93 85.039 -16.5 re 354.331 636.43 85.039 -16.5 re 354.331 619.93 85.039 -4.01 re 354.331 615.92 85.039 -16.5 re 354.331 599.42 85.039 -16.5 re 354.331 582.92 85.039 -16.5 re 354.331 566.42 85.039 -16.5 re 354.331 549.92 85.039 -16.5 re 354.331 533.42 85.039 -16.5 re 354.331 516.92 85.039 -16.5 re 354.331 500.42 85.039 -16.5 re 354.331 483.92 85.039 -16.5 re 354.331 467.42 85.039 -3.009 re 354.331 464.411 85.039 -16.5 re 354.331 447.911 85.039 -16.5 re 354.331 431.411 85.039 -3.009 re 354.331 428.402 85.039 -16.5 re 354.331 411.902 85.039 -16.5 re 354.331 395.402 85.039 -16.5 re 354.331 378.902 85.039 -16.5 re 354.331 362.402 85.039 -16.5 re 354.331 345.902 85.039 -16.5 re 354.331 329.402 85.039 -16.5 re 354.331 312.902 85.039 -3.009 re 354.331 309.893 85.039 -16.5 re 354.331 293.393 85.039 -16.5 re 354.331 276.893 85.039 -7.664 re 354.331 269.229 85.039 -3.009 re f BT /CS0 cs 1 scn -0.028 Tw 10.5 0 0 10.5 409.4731 637.7631 Tm (2018)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (2017)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 10.5 0 2.8135 10.5 386.5307 621.2631 Tm (RMB\222000)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.265 0 Td (RMB\222000)Tj ET /CS0 CS 1 SCN /GS0 gs q 1 0 0 1 99.2126 616.4199 cm 0 0 m 255.118 0 l S Q BT /GS1 gs 0 Tc 0 Tw 10.5 0 0 10.5 99.2126 617.2534 Tm ( )Tj ET /GS0 gs q 1 0 0 1 354.3307 616.4199 cm 0 0 m 85.039 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 10.5 0 2.8135 10.5 354.3307 617.2534 Tm ( )Tj ET q 1 0 0 1 439.3701 616.4199 cm 0 0 m 85.039 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 2.8135 10.5 439.3701 617.2534 Tm ( )Tj /T1_1 1 Tf 0.028 Tc 10.5 0 0 10.5 99.2126 584.2534 Tm (Non-current assets)Tj /T1_2 1 Tf 0 -1.571 TD (Property, plant and equipment)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 28.075 0 Td (295,275)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (269,154)Tj 0 Tw -36.174 -1.571 Td (Investment properties)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 28.659 0 Td (90,057)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (96,014)Tj 0 Tw -36.758 -1.571 Td (Lease prepayments)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 29.243 0 Td (1,062)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (4,435)Tj 0 Tw -37.342 -1.571 Td (Intangible assets)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 29.243 0 Td (1,869)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (2,275)Tj 0 Tw -37.342 -1.571 Td (Investments in subsidiaries)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 26.602 0 Td (31,607,587)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (30,140,957)Tj 0 Tw -34.701 -1.571 Td (Investments in associates and joint ventures)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 27.186 0 Td (1,046,124)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (1,046,124)Tj 0 Tw -35.285 -1.571 Td (Other assets)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 27.186 0 Td (4,907,300)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (6,365,896)Tj ET 0.5 w /GS0 gs q 1 0 0 1 360 464.6609 cm 0 0 m 73.701 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tc 0 Tw 10.5 0 0 10.5 354.3307 465.7444 Tm ( )Tj ET q 1 0 0 1 445.0393 464.6609 cm 0 0 m 73.701 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 0 10.5 439.3701 465.7444 Tm ( )Tj /T1_1 1 Tf 0.028 Tc -32.396 -3.143 Td (Total non-current assets)Tj /CS0 cs 1 scn /GS0 gs -0.028 Tw 26.602 0 Td (37,949,274)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (37,924,855)Tj ET /GS0 gs q 1 0 0 1 360 428.6518 cm 0 0 m 73.701 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tc 0 Tw 10.5 0 0 10.5 354.3307 429.7353 Tm ( )Tj ET q 1 0 0 1 445.0393 428.6518 cm 0 0 m 73.701 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 0 10.5 439.3701 429.7353 Tm ( )Tj /T1_1 1 Tf 0.028 Tc -32.396 -3.143 Td (Current assets)Tj /T1_2 1 Tf -0.028 Tw T* (Inventories)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 29.243 0 Td (2,012)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (2,017)Tj 0 Tw -37.342 -1.571 Td (Trade and bills receivables)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 28.659 0 Td (12,466)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (24,310)Tj 0 Tw -36.758 -1.571 Td (Prepayments and other current assets)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 26.602 0 Td (60,333,093)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (54,471,039)Tj 0 Tw -34.701 -1.571 Td (Restricted deposits)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 28.075 0 Td (106,927)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.683 0 Td (15,239)Tj 0 Tw -36.758 -1.571 Td (Cash at banks and on hand)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 27.186 0 Td (2,294,385)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (4,345,238)Tj ET /GS0 gs q 1 0 0 1 360 310.1428 cm 0 0 m 73.701 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tc 0 Tw 10.5 0 0 10.5 354.3307 311.2263 Tm ( )Tj ET q 1 0 0 1 445.0393 310.1428 cm 0 0 m 73.701 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 0 10.5 439.3701 311.2263 Tm ( )Tj /T1_1 1 Tf 0.028 Tc -32.396 -3.143 Td (Total current assets)Tj /CS0 cs 1 scn /GS0 gs -0.028 Tw 26.602 0 Td (62,748,883)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (58,857,843)Tj ET 2.5 w /GS0 gs q 1 0 0 1 360 272.9792 cm 0 0 m 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for in )]TJ 0 Tw 2.465 -1.565 Td (the financial statements were as follows:)Tj ET 0 0 0 0 k 354.331 600.93 85.039 -16 re 354.331 584.93 85.039 -16 re 354.331 568.93 85.039 -4.01 re 354.331 564.92 85.039 -16 re 354.331 548.92 85.039 -16 re 354.331 532.92 85.039 -7.664 re 354.331 525.256 85.039 -3.009 re f BT /CS0 cs 1 scn -0.028 Tw 10.5 0 0 10.5 409.4731 586.2631 Tm (2018)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (2017)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 10.5 0 2.8135 10.5 386.5307 570.2631 Tm (RMB\222000)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.265 0 Td (RMB\222000)Tj ET /CS0 CS 1 SCN /GS0 gs q 1 0 0 1 127.559 565.4199 cm 0 0 m 226.772 0 l S Q BT /GS1 gs 0 Tc 0 Tw 10.5 0 0 10.5 127.559 566.2534 Tm ( )Tj ET /GS0 gs q 1 0 0 1 354.3307 565.4199 cm 0 0 m 85.039 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 10.5 0 2.8135 10.5 354.3307 566.2534 Tm ( )Tj ET q 1 0 0 1 439.3701 565.4199 cm 0 0 m 85.039 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 2.8135 10.5 439.3701 566.2534 Tm ( )Tj 0.028 Tc 10.5 0 0 10.5 127.559 534.2534 Tm (Contracted for)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 23.902 0 Td (11,516,040)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (24,256,704)Tj ET 2.5 w /GS0 gs q 1 0 0 1 360 529.0064 cm 0 0 m 73.701 0 l S Q 0.835 w q 1 0 0 1 360 525.6739 cm 0 0 m 73.701 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tc 0 Tw 10.5 0 0 10.5 354.3307 526.5899 Tm ( )Tj ET 2.5 w q 1 0 0 1 445.0394 529.0064 cm 0 0 m 73.701 0 l S Q 0.835 w q 1 0 0 1 445.0394 525.6739 cm 0 0 m 73.701 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 0 10.5 439.3701 526.5899 Tm ( )Tj 0 0 0 0.8 k /GS0 gs /T1_1 1 Tf 0.027 Tc 11.5 0 0 11.5 99.2126 490.9143 Tm [(\()-0.8 (b)-0.8 (\))-0.8 ( )-799.5 (At the year end, the total future minimum lease payments under non-)]TJ 0.028 Tc 2.465 -1.565 Td (cancellable operating leases are payable as follows:)Tj ET 0 0 0 0 k 354.331 455.581 85.039 -16 re 354.331 439.581 85.039 -16 re 354.331 423.581 85.039 -4.01 re 354.331 419.571 85.039 -16 re 354.331 403.571 85.039 -16 re 354.331 387.571 85.039 -16 re 354.331 371.571 85.039 -16 re 354.331 355.571 85.039 -3.009 re 354.331 352.562 85.039 -16 re 354.331 336.562 85.039 -16 re 354.331 320.562 85.039 -7.664 re 354.331 312.899 85.039 -3.009 re f BT /CS0 cs 1 scn -0.028 Tw 10.5 0 0 10.5 409.4731 440.9143 Tm (2018)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (2017)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 10.5 0 2.8135 10.5 386.5307 424.9143 Tm (RMB\222000)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.265 0 Td (RMB\222000)Tj ET 1 w /GS0 gs q 1 0 0 1 127.559 420.0711 cm 0 0 m 226.772 0 l S Q BT /GS1 gs 0 Tc 0 Tw 10.5 0 0 10.5 127.559 420.9046 Tm ( )Tj ET /GS0 gs q 1 0 0 1 354.3307 420.0711 cm 0 0 m 85.039 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 10.5 0 2.8135 10.5 354.3307 420.9046 Tm ( )Tj ET q 1 0 0 1 439.3701 420.0711 cm 0 0 m 85.039 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 2.8135 10.5 439.3701 420.9046 Tm ( )Tj 0.028 Tc 10.5 0 0 10.5 127.559 388.9046 Tm (Within 1 year)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 25.959 0 Td (16,227)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (29,732)Tj 0 Tw -34.058 -1.524 Td (After 1 year but within 5 years)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 25.959 0 Td (40,569)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.683 0 Td (9,825)Tj 0 Tw -34.642 -1.524 Td (After 5 years)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 25.959 0 Td (67,538)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0 Tc 0 Tw 10.796 0 Td (\226)Tj ET 0.5 w /GS0 gs q 1 0 0 1 359.9999 352.8121 cm 0 0 m 73.701 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 10.5 0 0 10.5 354.3306 353.8956 Tm ( )Tj ET q 1 0 0 1 445.0393 352.8121 cm 0 0 m 73.701 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 0 10.5 439.37 353.8956 Tm ( )Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 0.028 Tc -0.028 Tw -4.321 -3.048 Td (124,334)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.683 0 Td (39,557)Tj ET 2.5 w /GS0 gs q 1 0 0 1 359.9999 316.6485 cm 0 0 m 73.701 0 l S Q 0.835 w q 1 0 0 1 359.9999 313.316 cm 0 0 m 73.701 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tc 0 Tw 10.5 0 0 10.5 354.3306 314.232 Tm ( )Tj ET 2.5 w q 1 0 0 1 445.0393 316.6485 cm 0 0 m 73.701 0 l S Q 0.835 w q 1 0 0 1 445.0393 313.316 cm 0 0 m 73.701 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 0 10.5 439.37 314.232 Tm ( )Tj 0.03 Tc 0.09 Tw -29.696 -3.207 Td [(The)2.2 ( Group)2.2 ( leases)2.2 ( certain)2.3 ( buildings)2.1 ( )0.5 (through)2.2 ( )0.5 (non)2.2 (-)2.3 (cancellable)2.2 ( operating)2.2 ( )0.5 (leases)2.2 (.)2.2 ( )]TJ 0 -1.524 TD [(These)2.2 ( )0.5 (operating)2.2 ( )0.5 (leases)2.2 ( )0.5 (do)2.2 ( not)2.2 ( )0.5 (contain)2.2 ( )0.5 (provisions)2.2 ( for)2.2 ( contingent)2.2 ( lease)2.2 ( rentals)2.2 (.)2.2 ( )]TJ 0.036 Tc 0.084 Tw T* [(None)8.2 ( )0.5 (of)8.2 ( the)8.2 ( )0.5 (rental)8.2 ( )0.5 (agreements)8.2 ( )0.5 (contain)8.2 ( )0.5 (escalation)8.2 ( )0.5 (provisions)8.2 ( )0.5 (that)8.2 ( )0.5 (may)8.2 ( require)8.2 ( )]TJ 0.028 Tc 0 Tw T* (higher future rental payments.)Tj ET endstreamendobj384 0 obj<>endobj381 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 37.6388 33.8036 Tm (362)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0.077 Tc 0.078 Tw 14 0 0 14 70.8661 670.2631 Tm [(3)49.2 (7)49.2 ( )-424.2 (FINANCIAL)13.6 ( RISK)13.6 ( MANAGEMENT)13.6 ( AND)13.7 ( FAIR)13.6 ( VALUES)13.6 ( OF)49.2 ( )]TJ 0.028 Tc 0 Tw 2.025 -1.357 Td (FINANCIAL INSTRUMENTS \(Continued\))Tj 0 0 0 0.8 k 11.5 0 0 11.5 99.2126 617.2631 Tm [(\(g\) )-798.5 (Fair value measurement \(Continued\))]TJ 0 0 0 1 k /GS1 gs 10.5 0 0 10.5 127.5591 585.2631 Tm [(\(ii\) )-1060.5 (Fair values of financial instruments carried at other than fair value)]TJ /T1_2 1 Tf 0.058 Tw 2.7 -3.048 Td (The carrying amounts of the Group\222s financial instruments carried at \cost )Tj 0.069 Tw 0 -1.524 TD (or amortised cost were not materially different from their fair values a\s at )Tj 0 Tw T* (31 December 2018 and 2017 except the following:)Tj ET 0 0 0 0 k /GS0 gs 255.118 503.93 53.858 -67.009 re 308.976 503.93 53.858 -67.009 re 362.835 503.93 161.575 -48 re 362.835 455.93 161.575 -3.009 re 362.835 452.921 53.858 -16 re 416.693 452.921 53.858 -16 re 470.551 452.921 53.858 -16 re 255.118 436.921 53.858 -16 re 308.976 436.921 53.858 -16 re 362.835 436.921 53.858 -16 re 416.693 436.921 53.858 -16 re 470.551 436.921 53.858 -16 re 255.118 420.921 53.858 -3.508 re 308.976 420.921 53.858 -3.508 re 362.835 420.921 53.858 -3.508 re 416.693 420.921 53.858 -3.508 re 470.551 420.921 53.858 -3.508 re 255.118 417.413 53.858 -16 re 308.976 417.413 53.858 -16 re 362.835 417.413 53.858 -16 re 416.693 417.413 53.858 -16 re 470.551 417.413 53.858 -16 re 255.118 401.413 53.858 -16 re 308.976 401.413 53.858 -16 re 362.835 401.413 53.858 -16 re 416.693 401.413 53.858 -16 re 470.551 401.413 53.858 -16 re 255.118 385.413 53.858 -16 re 308.976 385.413 53.858 -16 re 362.835 385.413 53.858 -16 re 416.693 385.413 53.858 -16 re 470.551 385.413 53.858 -16 re 255.118 369.413 53.858 -3.009 re 308.976 369.413 53.858 -3.009 re 362.835 369.413 53.858 -3.009 re 416.693 369.413 53.858 -3.009 re 470.551 369.413 53.858 -3.009 re 255.118 366.404 53.858 -16 re 308.976 366.404 53.858 -16 re 362.835 366.404 53.858 -16 re 416.693 366.404 53.858 -16 re 470.551 366.404 53.858 -16 re 255.118 350.404 53.858 -16 re 308.976 350.404 53.858 -16 re 362.835 350.404 53.858 -16 re 416.693 350.404 53.858 -16 re 470.551 350.404 53.858 -16 re 255.118 334.404 53.858 -7.664 re 308.976 334.404 53.858 -7.664 re 362.835 334.404 53.858 -7.664 re 416.693 334.404 53.858 -7.664 re 470.551 334.404 53.858 -7.664 re 255.118 326.74 53.858 -3.009 re 308.976 326.74 53.858 -3.009 re 362.835 326.74 53.858 -3.009 re 416.693 326.74 53.858 -3.009 re 470.551 326.74 53.858 -3.009 re f BT /CS0 cs 1 scn /T1_1 1 Tf -0.028 Tw 6.825 0 0 10.5 273.9149 486.2541 Tm (Carrying )Tj 0 Tw -1.278 -1.524 Td (amounts at )Tj -0.919 -1.524 Td (31 December )Tj -0.028 Tw 4.196 -1.524 Td (2018)Tj 0 Tw 4.029 3.048 Td (Fair value at )Tj -0.333 -1.524 Td (31 December )Tj -0.028 Tw 4.196 -1.524 Td (2018)Tj 0 Tw 7.305 3.334 Td (Fair value measurements as at )Tj -1.139 -1.524 Td (31 December 2018 categorised into)Tj ET /CS0 CS 1 SCN 0.5 w q 1 0 0 1 368.5039 453.1706 cm 0 0 m 150.236 0 l S Q BT 0 Tc 6.825 0 0 10.5 362.8347 454.2541 Tm ( )Tj 0.028 Tc 3.503 -1.524 Td (Level 1)Tj 7.891 0 Td (Level 2)Tj 7.891 0 Td (Level 3)Tj -0.028 Tw 6.825 0 2.8135 10.5 272.2695 422.2541 Tm (RMB\222000)Tj 7.891 0 Td (RMB\222000)Tj 7.891 0 Td (RMB\222000)Tj 7.891 0 Td (RMB\222000)Tj 7.891 0 Td (RMB\222000)Tj ET 1 w q 1 0 0 1 155.9055 417.9126 cm 0 0 m 99.213 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0 Tc 0 Tw 6.825 0 0 10.5 155.9055 418.7461 Tm ( )Tj ET /GS0 gs q 1 0 0 1 255.1181 417.9126 cm 0 0 m 53.858 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 6.825 0 0 10.5 299.1329 418.7461 Tm ( )Tj ET q 1 0 0 1 308.9764 417.9126 cm 0 0 m 53.858 0 l S Q BT 6.825 0 0 10.5 352.9912 418.7461 Tm ( )Tj ET q 1 0 0 1 362.8347 417.9126 cm 0 0 m 53.858 0 l S Q BT 6.825 0 0 10.5 406.8495 418.7461 Tm ( )Tj ET q 1 0 0 1 416.6929 417.9126 cm 0 0 m 53.858 0 l S Q BT 6.825 0 0 10.5 460.7078 418.7461 Tm ( )Tj ET q 1 0 0 1 470.5512 417.9126 cm 0 0 m 53.858 0 l S Q BT 6.825 0 0 10.5 514.566 418.7461 Tm ( )Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.028 Tc -52.551 -3.048 Td (Other borrowings )Tj 6.825 0 2.8135 10.5 213.0419 386.7461 Tm (\(note 28\(a\)\))Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 6.825 0 0 10.5 267.4473 386.7461 Tm (21,293,122)Tj 7.891 0 Td (20,955,697)Tj 7.891 0 Td (20,955,697)Tj 0 Tc 0 Tw 12.59 0 Td (\226)Tj 7.891 0 Td (\226)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.028 Tc -52.607 -1.524 Td (Fixed rate long-term loans)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 17.817 0 Td (251,955)Tj 7.891 0 Td (220,818)Tj 0 Tc 0 Tw 11.116 0 Td (\226)Tj 0.028 Tc -0.028 Tw 4.667 0 Td (220,818)Tj 0 Tc 0 Tw 11.116 0 Td (\226)Tj ET 0.5 w q 1 0 0 1 260.7874 366.6536 cm 0 0 m 42.52 0 l S Q BT 6.825 0 0 10.5 255.1181 367.7371 Tm ( )Tj ET q 1 0 0 1 314.6457 366.6536 cm 0 0 m 42.52 0 l S Q BT 6.825 0 0 10.5 308.9764 367.7371 Tm ( )Tj ET q 1 0 0 1 368.504 366.6536 cm 0 0 m 42.52 0 l S Q BT 6.825 0 0 10.5 362.8347 367.7371 Tm ( )Tj ET q 1 0 0 1 422.3622 366.6536 cm 0 0 m 42.52 0 l S Q BT 6.825 0 0 10.5 416.693 367.7371 Tm ( )Tj ET q 1 0 0 1 476.2205 366.6536 cm 0 0 m 42.52 0 l S Q BT 6.825 0 0 10.5 470.5512 367.7371 Tm ( )Tj 0.028 Tc -0.028 Tw -29.759 -3.048 Td (21,545,077)Tj 7.891 0 Td (21,176,515)Tj 7.891 0 Td (20,955,697)Tj 9.365 0 Td (220,818)Tj 0 Tc 0 Tw 11.116 0 Td (\226)Tj ET 2.5 w q 1 0 0 1 260.7874 330.49 cm 0 0 m 42.52 0 l S Q 0.835 w q 1 0 0 1 260.7874 327.1575 cm 0 0 m 42.52 0 l S Q BT 6.825 0 0 10.5 255.1181 328.0735 Tm ( )Tj ET 2.5 w q 1 0 0 1 314.6457 330.49 cm 0 0 m 42.52 0 l S Q 0.835 w q 1 0 0 1 314.6457 327.1575 cm 0 0 m 42.52 0 l S Q BT 6.825 0 0 10.5 308.9764 328.0735 Tm ( )Tj ET 2.5 w q 1 0 0 1 368.504 330.49 cm 0 0 m 42.52 0 l S Q 0.835 w q 1 0 0 1 368.504 327.1575 cm 0 0 m 42.52 0 l S Q BT 6.825 0 0 10.5 362.8347 328.0735 Tm ( )Tj ET 2.5 w q 1 0 0 1 422.3622 330.49 cm 0 0 m 42.52 0 l S Q 0.835 w q 1 0 0 1 422.3622 327.1575 cm 0 0 m 42.52 0 l S Q BT 6.825 0 0 10.5 416.693 328.0735 Tm ( )Tj ET 2.5 w q 1 0 0 1 476.2205 330.49 cm 0 0 m 42.52 0 l S Q 0.835 w q 1 0 0 1 476.2205 327.1575 cm 0 0 m 42.52 0 l S Q BT 6.825 0 0 10.5 470.5512 328.0735 Tm ( )Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.028 Tc -0.028 Tw -28.532 -3.494 Td (Carrying )Tj 0 Tw -1.17 -1.524 Td (amounts at )Tj -1.194 -1.524 Td (31 December )Tj -0.028 Tw 4.084 -1.524 Td (2017)Tj 0 Tw 4.418 3.048 Td (Fair value at )Tj -0.61 -1.524 Td (31 December )Tj -0.028 Tw 4.084 -1.524 Td (2017)Tj 0 Tw 7.75 3.334 Td (Fair value measurements as at )Tj -1.279 -1.524 Td (31 December 2017 categorised into)Tj ET 0.5 w /GS0 gs q 1 0 0 1 368.5039 258.3054 cm 0 0 m 150.236 0 l S Q BT /GS1 gs 0 Tc 6.825 0 0 10.5 406.8495 259.3889 Tm ( )Tj 0.028 Tc -2.779 -1.524 Td (Level 1)Tj 7.891 0 Td (Level 2)Tj 7.891 0 Td (Level 3)Tj -0.028 Tw 6.825 0 2.8135 10.5 273.4024 227.3889 Tm (RMB\222000)Tj 7.891 0 Td (RMB\222000)Tj 7.891 0 Td (RMB\222000)Tj 7.891 0 Td (RMB\222000)Tj 7.891 0 Td (RMB\222000)Tj ET 1 w /GS0 gs q 1 0 0 1 155.9055 223.0474 cm 0 0 m 99.213 0 l S Q BT /GS1 gs 0 Tc 0 Tw 6.825 0 0 10.5 155.9055 223.8809 Tm ( )Tj ET /GS0 gs q 1 0 0 1 255.1181 223.0474 cm 0 0 m 53.858 0 l S Q BT /GS1 gs 6.825 0 0 10.5 299.1329 223.8809 Tm ( )Tj ET /GS0 gs q 1 0 0 1 308.9764 223.0474 cm 0 0 m 53.858 0 l S Q BT /GS1 gs 6.825 0 0 10.5 352.9912 223.8809 Tm ( )Tj ET /GS0 gs q 1 0 0 1 362.8347 223.0473 cm 0 0 m 53.858 0 l S Q BT /GS1 gs 6.825 0 0 10.5 406.8495 223.8808 Tm ( )Tj ET /GS0 gs q 1 0 0 1 416.6929 223.0473 cm 0 0 m 53.858 0 l S Q BT /GS1 gs 6.825 0 0 10.5 460.7078 223.8808 Tm ( )Tj ET /GS0 gs q 1 0 0 1 470.5512 223.0473 cm 0 0 m 53.858 0 l S Q BT /GS1 gs 6.825 0 0 10.5 514.566 223.8808 Tm ( )Tj 0.028 Tc -52.551 -3.048 Td (Other borrowings )Tj 6.825 0 2.8135 10.5 213.0419 191.8808 Tm (\(note 28\(a\)\))Tj -0.028 Tw 6.825 0 0 10.5 267.4473 191.8808 Tm (19,041,577)Tj 7.891 0 Td (18,634,537)Tj 7.891 0 Td (18,634,537)Tj 0 Tc 0 Tw 12.646 0 Td (\226)Tj 7.891 0 Td (\226)Tj 0.028 Tc -52.663 -1.524 Td (Fixed rate long-term loans)Tj -0.028 Tw 16.927 0 Td (3,637,866)Tj 7.891 0 Td (3,569,920)Tj 0 Tc 0 Tw 12.062 0 Td (\226)Tj 0.028 Tc -0.028 Tw 3.721 0 Td (3,569,920)Tj 0 Tc 0 Tw 12.062 0 Td (\226)Tj ET 0.5 w /GS0 gs q 1 0 0 1 260.7874 171.7882 cm 0 0 m 42.52 0 l S Q BT /GS1 gs 6.825 0 0 10.5 255.1181 172.8717 Tm ( )Tj ET /GS0 gs q 1 0 0 1 314.6457 171.7882 cm 0 0 m 42.52 0 l S Q BT /GS1 gs 6.825 0 0 10.5 308.9764 172.8717 Tm ( )Tj ET /GS0 gs q 1 0 0 1 368.504 171.7882 cm 0 0 m 42.52 0 l S Q BT /GS1 gs 6.825 0 0 10.5 362.8347 172.8717 Tm ( )Tj ET /GS0 gs q 1 0 0 1 422.3622 171.7882 cm 0 0 m 42.52 0 l S Q BT /GS1 gs 6.825 0 0 10.5 416.693 172.8717 Tm ( )Tj ET /GS0 gs q 1 0 0 1 476.2205 171.7882 cm 0 0 m 42.52 0 l S Q BT /GS1 gs 6.825 0 0 10.5 470.5512 172.8717 Tm ( )Tj 0.028 Tc -0.028 Tw -29.759 -3.048 Td (22,679,443)Tj 7.891 0 Td (22,204,457)Tj 7.891 0 Td (18,634,537)Tj 8.475 0 Td (3,569,920)Tj 0 Tc 0 Tw 12.062 0 Td (\226)Tj ET 2.5 w /GS0 gs q 1 0 0 1 260.7874 135.6247 cm 0 0 m 42.52 0 l S Q 0.835 w q 1 0 0 1 260.7874 132.2922 cm 0 0 m 42.52 0 l S Q BT /GS1 gs 6.825 0 0 10.5 255.1181 133.2082 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 314.6457 135.6247 cm 0 0 m 42.52 0 l S Q 0.835 w q 1 0 0 1 314.6457 132.2922 cm 0 0 m 42.52 0 l S Q BT /GS1 gs 6.825 0 0 10.5 308.9764 133.2082 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 368.504 135.6247 cm 0 0 m 42.52 0 l S Q 0.835 w q 1 0 0 1 368.504 132.2922 cm 0 0 m 42.52 0 l S Q BT /GS1 gs 6.825 0 0 10.5 362.8347 133.2082 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 422.3622 135.6247 cm 0 0 m 42.52 0 l S Q 0.835 w q 1 0 0 1 422.3622 132.2922 cm 0 0 m 42.52 0 l S Q BT /GS1 gs 6.825 0 0 10.5 416.693 133.2082 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 476.2205 135.6247 cm 0 0 m 42.52 0 l S Q 0.835 w q 1 0 0 1 476.2205 132.2922 cm 0 0 m 42.52 0 l S Q BT /GS1 gs 6.825 0 0 10.5 470.5512 133.2082 Tm ( )Tj 0.039 Tc 0.081 Tw 10.5 0 0 10.5 155.9055 102.5416 Tm [(The)11.2 ( fair)11.2 ( )0.5 (values)11.2 ( )0.5 (of)11.2 ( the)11.2 ( )0.5 (fixed)11.2 ( )0.5 (rate)11.2 ( long)11.2 (-)11.2 (term)11.2 ( loans)11.2 ( )0.5 (are)11.3 ( estimated)11.2 ( )0.5 (as)11.2 ( being)11.2 ( )]TJ 0.028 Tc 0.002 Tw T* (the present values of future cash flows, discounted at interest rates ba\sed )Tj 0.016 Tw T* (on the market interest rates of comparable bank loans as at 31 December \)Tj -0.028 Tw T* (2018.)Tj ET endstreamendobj382 0 obj<>endobj379 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 536.9537 33.8036 Tm (361)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0.077 Tc 0.078 Tw 14 0 0 14 70.8661 670.2631 Tm [(3)49.2 (7)49.2 ( )-424.2 (FINANCIAL)13.6 ( RISK)13.6 ( MANAGEMENT)13.6 ( AND)13.7 ( FAIR)13.6 ( VALUES)13.6 ( OF)49.2 ( )]TJ 0.028 Tc 0 Tw 2.025 -1.357 Td (FINANCIAL INSTRUMENTS \(Continued\))Tj 0 0 0 0.8 k 11.5 0 0 11.5 99.2126 617.2631 Tm [(\(g\) )-798.5 (Fair value measurement \(Continued\))]TJ 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Tm (Fair value measurements as at )Tj -1.279 -1.667 Td (31 December 2017 categorised into)Tj ET /CS0 CS 1 SCN 0.5 w /GS0 gs q 1 0 0 1 360 498.1706 cm 0 0 m 158.74 0 l S Q BT /GS1 gs 0 Tc 6.825 0 0 10.5 401.1802 499.2541 Tm ( )Tj 0.028 Tc -13.476 -5 Td (Fair value at )Tj -0.61 -1.667 Td (31 December )Tj -0.028 Tw 4.084 -1.667 Td (2017)Tj 0 Tw 3.89 6.667 Td (Quoted prices )Tj 2.778 -1.667 Td (in active )Tj -0.805 -1.667 Td (market for )Tj -2.613 -1.667 Td (identical assets )Tj 3.252 -1.667 Td (\(Level 1\))Tj 4.943 3.333 Td (Significant other )Tj -0.028 Tw 2.225 -1.667 Td (observable )Tj 0 Tw -2.057 -1.667 Td (inputs \(Level 2\))Tj -0.028 Tw 10.669 3.333 Td (Significant )Tj -1.473 -1.667 Td (unobservable)Tj 0 Tw -0.889 -1.667 Td (inputs \(Level 3\))Tj -0.028 Tw 6.825 0 2.8135 10.5 318.7567 394.2541 Tm (RMB\222000)Tj 8.307 0 Td (RMB\222000)Tj 8.307 0 Td (RMB\222000)Tj 8.307 0 Td (RMB\222000)Tj ET 1 w /GS0 gs q 1 0 0 1 155.9055 389.9126 cm 0 0 m 141.732 0 l S Q BT /GS1 gs 0 Tc 0 Tw 6.825 0 0 10.5 155.9055 390.7461 Tm ( )Tj ET /GS0 gs q 1 0 0 1 297.6378 389.9126 cm 0 0 m 56.693 0 l S Q BT /GS1 gs 6.825 0 0 10.5 297.6378 390.7461 Tm ( )Tj ET /GS0 gs q 1 0 0 1 354.3307 389.9126 cm 0 0 m 56.693 0 l S Q BT /GS1 gs 6.825 0 0 10.5 354.3307 390.7461 Tm ( )Tj ET /GS0 gs q 1 0 0 1 411.0236 389.9126 cm 0 0 m 56.693 0 l S Q BT /GS1 gs 6.825 0 0 10.5 411.0236 390.7461 Tm ( )Tj ET /GS0 gs q 1 0 0 1 467.7165 389.9126 cm 0 0 m 56.693 0 l S Q BT /GS1 gs 6.825 0 0 10.5 467.7165 390.7461 Tm ( )Tj /T1_1 1 Tf 0.028 Tc -45.687 -3.333 Td (Recurring fair value measurement)Tj /T1_2 1 Tf -0.028 Tw 0 -1.667 TD (Assets:)Tj 0 Tw T* (Available-for-sale equity securities)Tj 1.246 -1.667 Td (\226 listed)Tj -0.028 Tw 23.8 0 Td (38,319)Tj 8.307 0 Td (38,319)Tj 0 Tc 0 Tw 11.004 0 Td (\226)Tj 8.307 0 Td (\226)Tj 0.028 Tc -52.663 -1.667 Td (Short-term investment)Tj -0.028 Tw 24.462 0 Td (100,000)Tj 0 Tc 0 Tw 11.587 0 Td (\226)Tj 0.028 Tc -0.028 Tw 5.026 0 Td (100,000)Tj 0 Tc 0 Tw 11.587 0 Td (\226)Tj 0.028 Tc -52.663 -1.667 Td (Trading securities)Tj -0.028 Tw 25.046 0 Td (77,813)Tj 8.307 0 Td (77,813)Tj 0 Tc 0 Tw 11.004 0 Td (\226)Tj 8.307 0 Td (\226)Tj 0.028 Tc -0.028 Tw -52.663 -3.333 Td (Liabilities:)Tj 0 Tw 0 -1.667 TD (Derivative financial instruments)Tj 1.246 -1.667 Td (\226 Interest rate swap contracts)Tj -0.028 Tw 23.216 0 Td (110,375)Tj 0 Tc 0 Tw 11.587 0 Td (\226)Tj 0.028 Tc -0.028 Tw 5.026 0 Td (110,375)Tj 0 Tc 0 Tw 11.587 0 Td (\226)Tj ET endstreamendobj394 0 obj<>endobj391 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 536.9537 33.8036 Tm (357)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0.077 Tc 0.078 Tw 14 0 0 14 70.8661 670.2631 Tm [(3)49.2 (7)49.2 ( )-424.2 (FINANCIAL)13.6 ( RISK)13.6 ( MANAGEMENT)13.6 ( AND)13.7 ( FAIR)13.6 ( VALUES)13.6 ( OF)49.2 ( )]TJ 0.028 Tc 0 Tw 2.025 -1.357 Td (FINANCIAL INSTRUMENTS \(Continued\))Tj 0 0 0 0.8 k 0 Tc 11.5 0 0 11.5 99.2126 617.2631 Tm (\()Tj 0.361 0 Td (g)Tj 0.028 Tc 0.639 0 Td [(\) )-798.5 (Fair value measurement \(Continued\))]TJ 0 0 0 1 k /GS1 gs 10.5 0 0 10.5 127.5591 585.2631 Tm [(\(i\) )-1366.3 (Financial assets and liabilities measured at fair value \(Continued\))]TJ /T1_2 1 Tf 10.5 0 2.8135 10.5 155.9055 553.2631 Tm (Fair value hierarchy \(Continued\))Tj ET 0 0 0 0 k /GS0 gs 297.638 535.93 56.693 -32 re 354.331 535.93 170.079 -32 re 297.638 503.93 56.693 -3.009 re 354.331 503.93 170.079 -3.009 re 297.638 500.921 56.693 -96 re 354.331 500.921 56.693 -96 re 411.024 500.921 56.693 -96 re 467.717 500.921 56.693 -96 re 297.638 404.921 56.693 -16 re 354.331 404.921 56.693 -16 re 411.024 404.921 56.693 -16 re 467.717 404.921 56.693 -16 re 297.638 388.921 56.693 -3.508 re 354.331 388.921 56.693 -3.508 re 411.024 388.921 56.693 -3.508 re 467.717 388.921 56.693 -3.508 re 297.638 385.413 56.693 -16 re 354.331 385.413 56.693 -16 re 411.024 385.413 56.693 -16 re 467.717 385.413 56.693 -16 re 297.638 369.413 56.693 -16 re 354.331 369.413 56.693 -16 re 411.024 369.413 56.693 -16 re 467.717 369.413 56.693 -16 re 297.638 353.413 56.693 -16 re 354.331 353.413 56.693 -16 re 411.024 353.413 56.693 -16 re 467.717 353.413 56.693 -16 re 297.638 337.413 56.693 -32 re 354.331 337.413 56.693 -32 re 411.024 337.413 56.693 -32 re 467.717 337.413 56.693 -32 re 297.638 305.413 56.693 -32 re 354.331 305.413 56.693 -32 re 411.024 305.413 56.693 -32 re 467.717 305.413 56.693 -32 re 297.638 273.413 56.693 -48 re 354.331 273.413 56.693 -48 re 411.024 273.413 56.693 -48 re 467.717 273.413 56.693 -48 re 297.638 225.413 56.693 -32 re 354.331 225.413 56.693 -32 re 411.024 225.413 56.693 -32 re 467.717 225.413 56.693 -32 re 297.638 193.413 56.693 -16 re 354.331 193.413 56.693 -16 re 411.024 193.413 56.693 -16 re 467.717 193.413 56.693 -16 re 297.638 177.413 56.693 -16 re 354.331 177.413 56.693 -16 re 411.024 177.413 56.693 -16 re 467.717 177.413 56.693 -16 re 297.638 161.413 56.693 -16 re 354.331 161.413 56.693 -16 re 411.024 161.413 56.693 -16 re 467.717 161.413 56.693 -16 re 297.638 145.413 56.693 -16 re 354.331 145.413 56.693 -16 re 411.024 145.413 56.693 -16 re 467.717 145.413 56.693 -16 re 297.638 129.413 56.693 -3.009 re 354.331 129.413 56.693 -3.009 re 411.024 129.413 56.693 -3.009 re 467.717 129.413 56.693 -3.009 re f BT /CS0 cs 1 scn /T1_1 1 Tf 7.35 0 0 10.5 382.9945 521.2631 Tm (Fair value measurements as at )Tj -1.139 -1.524 Td (31 December 2018 categorised into)Tj ET /CS0 CS 1 SCN 0.5 w q 1 0 0 1 360 501.1706 cm 0 0 m 158.74 0 l S Q BT 0 Tc 7.35 0 0 10.5 400.8591 502.2541 Tm ( )Tj 0.028 Tc -13.271 -6.095 Td (Fair value at )Tj -0.333 -1.524 Td (31 December )Tj -0.028 Tw 4.196 -1.524 Td (2018)Tj 0 Tw 3.079 7.619 Td (Quoted prices )Tj 2.718 -1.524 Td (in active )Tj -0.916 -1.524 Td (market for )Tj -0.028 Tw 0.861 -1.524 Td (identical )Tj 1.027 -1.524 Td (assets )Tj 0 Tw -1.027 -1.524 Td (\(Level 1\))Tj -0.028 Tw 6.603 6.095 Td (Significant )Tj 2.779 -1.524 Td (other )Tj -2.919 -1.524 Td (observable )Tj 2.391 -1.524 Td (inputs )Tj 0 Tw -1.14 -1.524 Td (\(Level 2\))Tj -0.028 Tw 6.603 4.571 Td (Significant )Tj -1.418 -1.524 Td (unobservable)Tj 3.669 -1.524 Td (inputs )Tj 0 Tw -1.14 -1.524 Td (\(Level 3\))Tj -0.028 Tw 7.35 0 2.8135 10.5 315.3192 390.2541 Tm (RMB\222000)Tj 7.713 0 Td (RMB\222000)Tj 7.713 0 Td (RMB\222000)Tj 7.713 0 Td (RMB\222000)Tj ET 1 w q 1 0 0 1 155.9055 385.9126 cm 0 0 m 141.732 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0 Tc 0 Tw 7.35 0 0 10.5 155.9055 386.7461 Tm ( )Tj ET /GS0 gs q 1 0 0 1 297.6378 385.9126 cm 0 0 m 56.693 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 7.35 0 0 10.5 297.6378 386.7461 Tm ( )Tj ET q 1 0 0 1 354.3307 385.9126 cm 0 0 m 56.693 0 l S Q BT 7.35 0 0 10.5 354.3307 386.7461 Tm ( )Tj ET q 1 0 0 1 411.0237 385.9126 cm 0 0 m 56.693 0 l S Q BT 7.35 0 0 10.5 411.0237 386.7461 Tm ( )Tj ET q 1 0 0 1 467.7166 385.9126 cm 0 0 m 56.693 0 l S Q BT 7.35 0 0 10.5 467.7166 386.7461 Tm ( )Tj 0 0 0 1 k /GS1 gs 0.028 Tc -42.423 -3.048 Td (Recurring fair value measurement)Tj /T1_2 1 Tf -0.028 Tw 0 -1.524 Td (Assets:)Tj 0 Tw 0 -1.524 Td (Unlisted equity investments designated )Tj 1.157 -1.524 Td (at FVOCI)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 21.288 0 Td (839,875)Tj 0 Tc 0 Tw 10.938 0 Td (\226)Tj 0.028 Tc -0.028 Tw 4.489 0 Td (839,875)Tj 0 Tc 0 Tw 10.938 0 Td (\226)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.028 Tc -48.809 -1.524 Td (Listed equity investments designated )Tj 0 Tc 7.35 0 0 10.5 288.0474 290.7461 Tm ( )Tj 0.028 Tc 7.35 0 0 10.5 164.4097 274.7461 Tm (at FVOCI)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 21.871 0 Td (30,881)Tj 7.713 0 Td (30,881)Tj 0 Tc 0 Tw 10.354 0 Td (\226)Tj 7.713 0 Td (\226)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.028 Tc -48.809 -1.524 Td (Trading securities-equity investments )Tj 0 Tc 7.35 0 0 10.5 288.2443 258.7461 Tm ( )Tj 0.028 Tc 7.35 0 0 10.5 164.4098 242.7461 Tm (in listed equity securities on )Tj 0 Tc 7.35 0 0 10.5 263.8748 242.7461 Tm ( )Tj 0.028 Tc 7.35 0 0 10.5 164.4098 226.7461 Tm (Hong Kong Stock Exchange)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 21.871 0 Td (82,440)Tj 7.713 0 Td (82,440)Tj 0 Tc 0 Tw 10.354 0 Td (\226)Tj 7.713 0 Td (\226)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.028 Tc -48.809 -1.524 Td (Trade and bills receivables )Tj 0 Tc 7.35 0 0 10.5 252.7072 210.7461 Tm ( )Tj 0.028 Tc 7.35 0 0 10.5 164.4098 194.7461 Tm (designated at FVOCI)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 19.814 0 Td (10,399,498)Tj 0 Tc 0 Tw 12.412 0 Td (\226)Tj 7.713 0 Td (\226)Tj 0.028 Tc -0.028 Tw 3.015 0 Td (10,399,498)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf -44.111 -3.048 Td (Liabilities:)Tj 0 Tw 0 -1.524 Td (Derivative financial instruments)Tj 1.157 -1.524 Td (\226 Interest rate swap contracts)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 21.871 0 Td (72,718)Tj 0 Tc 0 Tw 10.354 0 Td (\226)Tj 0.028 Tc -0.028 Tw 5.072 0 Td (72,718)Tj 0 Tc 0 Tw 10.354 0 Td (\226)Tj ET endstreamendobj392 0 obj<>endobj389 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 37.6388 33.8036 Tm (356)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0.551 Tw 14 0 0 14 70.8661 670.2631 Tm (37 F)Tj 0.077 Tc 0.078 Tw 2.713 0 Td [(INANCIAL)13.6 ( RISK)13.6 ( MANAGEMENT)13.6 ( AND)13.6 ( FAIR)13.6 ( VALUES)13.6 ( OF)49.2 ( )]TJ 0.028 Tc 0 Tw -0.688 -1.179 Td (FINANCIAL INSTRUMENTS \(Continued\))Tj 0 0 0 0.8 k 11.5 0 0 11.5 99.2126 624.7631 Tm [(\(f\) )-1076.5 (Equity price risk)]TJ 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.068 Tw 10.5 0 0 10.5 127.5591 597.7631 Tm (The Group is exposed to equity price changes arising from equity investm\ents )Tj 0.062 Tw 0 -1.286 TD (at fair value through profit or loss \(note25\) and equity investments a\t fair value )Tj 0.04 Tw 0 -1.286 TD (through other comprehensive income \(note 21\). The Group\222s listed in\vestments )Tj 0.036 Tc 0.084 Tw 0 -1.286 TD [(are)8.2 ( )0.5 (listed)8.2 ( )0.5 (on)8.2 ( the)8.2 ( )0.5 (Hong)8.2 ( )0.5 (Kong)8.2 ( )0.5 (Stock)8.2 ( Exchange)8.2 ( and)8.2 ( )0.5 (Shanghai)8.2 ( )0.5 (Stock)8.2 ( )0.5 (Exchange)8.2 (.)8.2 ( )]TJ 0.071 Tc 0.078 Tw 0 -1.286 TD [(Listed)14.2 ( investments)14.1 ( )0.5 (have)14.1 ( )0.5 (been)14.1 ( chosen)14.1 ( based)14.2 ( on)14.1 ( )0.5 (their)14.2 ( longer)14.1 ( )0.5 (term)14.1 ( )0.5 (growth)43.2 ( )]TJ 0.028 Tc 0 Tw 0 -1.286 TD (potential and is monitored regularly for performance against expectation\s.)Tj 0.051 Tc 0.078 Tw 0 -2.571 TD [(Unlisted)13.4 ( investments)13.5 ( are)13.5 ( held)13.5 ( for)13.5 ( long)13.5 (-)13.4 (term)13.5 ( purposes)13.5 (.)13.5 ( Their)13.5 ( performance)13.5 ( is)23.2 ( )]TJ 0.047 Tc 0 -1.286 TD [(assessed)13.9 ( at)13.8 ( least)13.8 ( annually)13.9 ( based)13.8 ( on)13.8 ( the)13.9 ( information)13.9 ( available)13.8 ( to)13.9 ( the)13.8 ( Group)13.8 (,)19.2 ( )]TJ 0.075 Tc 0 -1.286 TD [(together)13.9 ( with)13.8 ( an)13.9 ( assessment)13.9 ( of)13.8 ( their)13.9 ( relevance)13.8 ( to)13.8 ( the)13.8 ( Group)13.9 (\222)13.8 (s)13.9 ( long)13.8 (-)13.8 (term)47.2 ( )]TJ 0.028 Tc 0 Tw 0 -1.286 TD (strategic plans.)Tj 0.062 Tc 0.078 Tw 0 -2.571 TD [(The)14.2 ( )0.6 (directors)14.3 ( )0.5 (considered)14.2 ( )0.6 (that)14.3 ( )0.6 (the)14.3 ( )0.5 (Group)14.3 (\222)14.2 (s)14.3 ( )0.6 (exposure)14.2 ( )0.6 (to)14.2 ( )0.6 (equity)14.3 ( )0.5 (price)14.3 ( )0.5 (risk)14.3 ( )0.5 (is)34.2 ( )]TJ 0.028 Tc -0.028 Tw 0 -1.286 TD (insignificant.)Tj 0 0 0 0.8 k /GS0 gs /T1_1 1 Tf 0 Tw 11.5 0 0 11.5 99.2126 393.2631 Tm [(\(g\) )-798.5 (Fair value measurement)]TJ 0 0 0 1 k /GS1 gs 10.5 0 0 10.5 127.5591 366.2631 Tm [(\(i\) )-1366.3 (Financial assets and liabilities measured at fair value)]TJ /T1_2 1 Tf 10.5 0 2.8135 10.5 154.8279 339.2631 Tm (Fair value hierarchy)Tj 0.079 Tc 0.078 Tw 10.5 0 0 10.5 155.9055 312.2631 Tm [(The)13.7 ( following)13.7 ( table)13.7 ( presents)13.7 ( the)13.7 ( fair)13.7 ( value)13.7 ( of)13.7 ( the)13.7 ( Group)13.7 (\222)13.7 (s)13.7 ( financial)51.2 ( )]TJ 0.041 Tc 0.079 Tw 0 -1.286 TD [(instrum)0.5 (ent)0.5 (s)13.2 ( measured)13.3 ( at)13.2 ( )0.5 (the)13.2 ( en)0.5 (d)13.1 ( )0.5 (of)13.2 ( )0.5 (the)13.2 ( r)0.5 (ep)0.5 (orting)13.2 ( )0.5 (period)13.2 ( )0.5 (on)13.2 ( a)13.2 ( )0.5 (recurrin)0.5 (g)13.2 ( )]TJ 0.057 Tc 0.078 Tw 0 -1.286 TD [(basis)13.8 (,)13.8 ( categorised)13.8 ( into)13.8 ( the)13.8 ( three)13.9 (-)13.8 (level)13.8 ( fair)13.9 ( value)13.9 ( hierarchy)13.8 ( as)13.9 ( defined)29.2 ( )]TJ 0.062 Tc 0 -1.286 TD [(in)13.5 ( IFRS)13.5 ( 1)13.5 (3)13.6 ( Fair)13.6 ( Value)13.6 ( Measurement)13.6 (.)13.5 ( The)13.6 ( level)13.5 ( into)13.5 ( which)13.6 ( a)13.6 ( fair)13.6 ( value)34.2 ( )]TJ 0.024 Tc 0 Tw 0 -1.286 TD [(measurement is classified is determined with reference to the observabil\ity)-3.7 ( )]TJ 0.028 Tc 0 -1.286 TD (and significance of the inputs used in the valuation technique as follow\s:)Tj 0 Tc 0 -2.571 TD (\226)Tj 0.028 Tc 2.16 0 Td (Level 1 valuations:)Tj 0.04 Tc 0.08 Tw 10.259 0 Td [(Fair)12.2 ( )0.5 (value)12.2 ( measured)12.2 ( using)12.2 ( )0.5 (only)12.2 ( )0.5 (Level)12.3 ( 1)12.2 ( )0.5 (inputs)12.2 ( )]TJ 0.127 Tc 0.078 Tw 0 -1.286 TD [(\()13.7 (i)13.7 (.)13.6 (e)13.7 (.)13.6 ( unadjusted)13.6 ( quoted)13.7 ( prices)13.7 ( in)13.7 ( active)99.2 ( )]TJ 0.039 Tc 0.081 Tw 0 -1.286 TD [(markets)11.2 ( )0.5 (for)11.2 ( identical)11.2 ( assets)11.2 ( )0.5 (or)11.1 ( )0.5 (liabilities)11.2 ( )0.5 (at)11.2 ( )0.5 (the)11.2 ( )]TJ 0.028 Tc 0 Tw 0 -1.286 TD (measurement date\).)Tj 0 Tc -12.418 -2.571 Td (\226)Tj 0.028 Tc 2.16 0 Td (Level 2 valuations:)Tj 0.101 Tc 0.078 Tw 10.259 0 Td [(Fair)13.5 ( value)13.5 ( measured)13.5 ( using)13.5 ( Level)13.6 ( 2)13.6 ( inputs)73.2 ( )]TJ 0.058 Tc 0 -1.286 TD [(\()13.9 (i)13.9 (.)13.8 (e)13.9 (.)13.9 ( observable)13.8 ( inputs)13.9 ( which)13.9 ( fail)13.8 ( to)13.8 ( meet)13.8 ( the)30.2 ( )]TJ 0.068 Tc 0 -1.286 TD [(criteria)13.7 ( of)13.7 ( Level)13.7 ( 1)13.7 (,)13.7 ( and)13.7 ( not)13.7 ( using)13.7 ( significant)40.2 ( )]TJ 0.03 Tc 0.09 Tw 0 -1.286 TD [(unobservable)2.2 ( inputs)2.2 (\))2.2 (.)2.2 ( )0.5 (Unobservable)2.2 ( )0.5 (inputs)2.2 ( are)2.2 ( )]TJ 0.028 Tc 0 Tw 0 -1.286 TD (inputs for which market data are not available.)Tj 0 Tc -12.418 -2.571 Td (\226)Tj 0.028 Tc 2.16 0 Td (Level 3 valuations:)Tj 0.16 Tc 0.078 Tw 10.259 0 Td [(Fair)14.2 ( )0.5 (value)14.1 ( )0.5 (measured)14.2 ( using)14.2 ( )0.5 (significant)132.2 ( )]TJ 0.028 Tc 0 Tw T* (unobservable inputs.)Tj ET endstreamendobj390 0 obj<>endobj387 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 536.9537 33.8036 Tm (355)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0.077 Tc 0.078 Tw 14 0 0 14 70.8661 670.2631 Tm [(3)49.2 (7)49.2 ( )-424.2 (FINANCIAL)13.6 ( RISK)13.6 ( MANAGEMENT)13.6 ( AND)13.7 ( FAIR)13.6 ( VALUES)13.6 ( OF)49.2 ( )]TJ 0.028 Tc 0 Tw 2.025 -1.357 Td (FINANCIAL INSTRUMENTS \(Continued\))Tj 0 0 0 0.8 k 11.5 0 0 11.5 99.2126 617.2631 Tm [(\(e\) )-853.5 (Currency risk \(Continued\))]TJ 0 0 0 1 k /GS1 gs 10.5 0 0 10.5 127.5591 585.2631 Tm [(\(ii\) )-1060.5 (Exposure to currency risk \(Continued\))]TJ ET 0 0 0 0 k /GS0 gs 252.283 567.93 136.063 -16 re 252.283 551.93 136.063 -3.009 re 252.283 548.921 68.031 -64 re 320.315 548.921 68.031 -64 re 252.283 484.921 68.031 -16 re 320.315 484.921 68.031 -16 re 252.283 468.921 68.031 -3.508 re 320.315 468.921 68.031 -3.508 re 252.283 465.413 68.031 -16 re 320.315 465.413 68.031 -16 re 252.283 449.413 68.031 -16 re 320.315 449.413 68.031 -16 re 252.283 433.413 68.031 -16 re 320.315 433.413 68.031 -16 re 252.283 417.413 68.031 -16 re 320.315 417.413 68.031 -16 re 252.283 401.413 68.031 -16 re 320.315 401.413 68.031 -16 re 252.283 385.413 68.031 -16 re 320.315 385.413 68.031 -16 re 252.283 369.413 68.031 -16 re 320.315 369.413 68.031 -16 re 252.283 353.413 68.031 -16 re 320.315 353.413 68.031 -16 re 252.283 337.413 68.031 -16 re 320.315 337.413 68.031 -16 re 252.283 321.413 68.031 -16 re 320.315 321.413 68.031 -16 re 252.283 305.413 68.031 -16 re 320.315 305.413 68.031 -16 re 252.283 289.413 68.031 -16 re 320.315 289.413 68.031 -16 re 252.283 273.413 68.031 -3.009 re 320.315 273.413 68.031 -3.009 re f BT /CS0 cs 1 scn -0.028 Tw 6.3 0 0 10.5 313.0467 553.2631 Tm (2018)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 21.597 0 Td (2017)Tj ET /CS0 CS 1 SCN 0.5 w /GS0 gs q 1 0 0 1 257.9528 549.1705 cm 0 0 m 124.724 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tc 0 Tw 6.3 0 0 10.5 310.7926 550.254 Tm ( )Tj ET q 1 0 0 1 394.0157 549.1705 cm 0 0 m 124.724 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 6.3 0 0 10.5 446.8556 550.254 Tm ( )Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 0.028 Tc -0.028 Tw -25.544 -1.524 Td (Increase/)Tj 0 Tw -1.944 -1.524 Td (\(decrease\) in )Tj -2.194 -1.524 Td (foreign exchange )Tj -0.028 Tw 6.196 -1.524 Td (rates)Tj 0 Tw 5.772 3.048 Td (Effect on profit )Tj 1.248 -1.524 Td (after tax and )Tj -2.501 -1.524 Td (retained earnings)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf -0.028 Tw 15.188 4.571 Td (Increase/)Tj 0 Tw -1.888 -1.524 Td (\(decrease\) in )Tj -1.974 -1.524 Td (foreign exchange )Tj -0.028 Tw 5.92 -1.524 Td (rates)Tj 0 Tw 6.213 3.048 Td (Effect on profit )Tj 0.972 -1.524 Td (after tax and )Tj -2.333 -1.524 Td (retained earnings)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 6.3 0 2.8135 10.5 353.9442 470.2541 Tm (RMB\222000)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 21.763 0 Td (RMB\222000)Tj ET 1 w /GS0 gs q 1 0 0 1 155.9055 465.9126 cm 0 0 m 96.378 0 l S Q BT /GS1 gs 0 Tc 0 Tw 6.3 0 0 10.5 155.9055 466.7461 Tm ( )Tj ET /GS0 gs q 1 0 0 1 252.2834 465.9126 cm 0 0 m 68.031 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 6.3 0 0 10.5 310.7926 466.7461 Tm ( )Tj ET q 1 0 0 1 320.3149 465.9126 cm 0 0 m 68.031 0 l S Q BT 6.3 0 0 10.5 378.8241 466.7461 Tm ( )Tj ET q 1 0 0 1 388.3464 465.9126 cm 0 0 m 68.031 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 6.3 0 0 10.5 446.8556 466.7461 Tm ( )Tj ET /GS0 gs q 1 0 0 1 456.3779 465.9126 cm 0 0 m 68.031 0 l S Q BT /GS1 gs 6.3 0 0 10.5 514.8871 466.7461 Tm ( )Tj 0.028 Tc -0.028 Tw -56.981 -3.048 Td (HKD)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 23.724 0 Td (5%)Tj 0 Tc 0 Tw 11.715 0 Td (2)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.028 Tc -0.028 Tw 9.882 0 Td (5%)Tj 0 Tc 0 Tw 11.715 0 Td (2)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 0.028 Tc -0.028 Tw -34.034 -1.524 Td (\(5\)%)Tj 12.048 0 Td (\(2\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 9.549 0 Td (\(5\)%)Tj 12.048 0 Td (\(2\))Tj -56.648 -3.048 Td (USD)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 23.724 0 Td (5%)Tj 9.27 0 Td (\(9,363\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 12.328 0 Td (5%)Tj 8.686 0 Td (\(10,280\))Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -31.005 -1.524 Td (\(5\)%)Tj 10.38 0 Td (9,363)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 11.217 0 Td (\(5\)%)Tj 9.796 0 Td (10,280)Tj -54.396 -3.048 Td (EUR)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 23.724 0 Td (5%)Tj 10.159 0 Td (\(162\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 11.438 0 Td (5%)Tj 10.159 0 Td (\(129\))Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -32.478 -1.524 Td (\(5\)%)Tj 11.269 0 Td (162)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.328 0 Td (\(5\)%)Tj 11.269 0 Td (129)Tj -55.869 -3.048 Td (RMB)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 23.724 0 Td (5%)Tj 10.548 0 Td (838)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 11.049 0 Td (5%)Tj 9.074 0 Td (27,820)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -31.393 -1.524 Td (\(5\)%)Tj 10.881 0 Td (\(838\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.716 0 Td (\(5\)%)Tj 9.407 0 Td (\(27,820\))Tj 0.06 Tc 0.078 Tw 10.5 0 0 10.5 155.9055 241.0706 Tm [(Results)13.5 ( of)13.6 ( the)13.5 ( analysis)13.6 ( as)13.5 ( presented)13.5 ( in)13.6 ( the)13.5 ( above)13.5 ( table)13.5 ( represent)13.6 ( an)32.1 ( )]TJ 0.045 Tc 0 -1.524 TD [(aggregation)13.6 ( of)13.5 ( the)13.5 ( instantaneous)13.5 ( effects)13.5 ( on)13.6 ( each)13.5 ( of)13.5 ( the)13.5 ( group)13.5 ( entities)13.6 (\222)17.2 ( )]TJ 0.098 Tc T* [(profit)13.6 ( after)13.7 ( tax)13.7 ( and)13.7 ( equity)13.7 ( measured)13.7 ( in)13.6 ( the)13.7 ( respective)13.6 ( functional)70.2 ( )]TJ 0.056 Tc T* [(currencies)14.2 (,)14.3 ( )0.5 (translated)14.3 ( )0.5 (into)14.3 ( )0.6 (RMB)14.3 ( )0.5 (at)14.3 ( )0.5 (the)14.2 ( )0.6 (end)14.3 ( )0.5 (of)14.3 ( )0.5 (the)14.3 ( )0.5 (reporting)14.3 ( )0.5 (period)14.3 ( )0.6 (for)28.2 ( )]TJ 0.028 Tc 0 Tw T* (presentation purposes.)Tj 0.054 Tc 0.078 Tw 0 -3.048 TD [(The)13.9 ( sensitivity)13.9 ( analysis)13.9 ( assumes)13.9 ( that)14 ( the)14 ( change)13.9 ( in)13.9 ( foreign)13.9 ( exchange)26.2 ( )]TJ 0.028 Tc 0.039 Tw 0 -1.524 TD (rates had been applied to re-measure those financial instruments held by\ )Tj 0.074 Tw T* (the Group which expose the Group to foreign currency risk at the end of \)Tj 0.036 Tc 0.084 Tw T* [(the)8.2 ( )0.5 (reporting)8.2 ( )0.5 (period)8.2 (,)8.1 ( )0.5 (including)8.2 ( inter)8.2 (-)8.2 (company)8.2 ( payables)8.2 ( and)8.2 ( )0.5 (receivables)8.2 ( )]TJ 0.056 Tc 0.078 Tw T* [(within)13.6 ( the)13.7 ( Group)13.6 ( which)13.6 ( are)13.7 ( denominated)13.7 ( in)13.6 ( a)13.7 ( currency)13.7 ( other)13.7 ( than)13.6 ( the)28.2 ( )]TJ 0.028 Tc 0 Tw T* (functional currencies of the lender and the borrower.)Tj ET endstreamendobj388 0 obj<>endobj53 0 obj<>/ExtGState<>/Font<>/ProcSet[/PDF/Text]/XObject<>>>/TrimBox[0.0 0.0 595.276 807.874]/Type/Page>>endobj54 0 obj<>/ExtGState<>/Font<>/ProcSet[/PDF/Text]/XObject<>>>/TrimBox[0.0 0.0 595.276 807.874]/Type/Page>>endobj55 0 obj<>/ExtGState<>/Font<>/ProcSet[/PDF/Text]/XObject<>>>/TrimBox[0.0 0.0 595.276 807.874]/Type/Page>>endobj56 0 obj<>/ExtGState<>/Font<>/ProcSet[/PDF/Text]/XObject<>>>/TrimBox[0.0 0.0 595.276 807.874]/Type/Page>>endobj57 0 obj<>/ExtGState<>/Font<>/ProcSet[/PDF/Text]/XObject<>>>/TrimBox[0.0 0.0 595.276 807.874]/Type/Page>>endobj405 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 37.6388 33.8036 Tm (354)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0.077 Tc 0.078 Tw 14 0 0 14 70.8661 670.2631 Tm [(3)49.2 (7)49.2 ( )-424.2 (FINANCIAL)13.6 ( RISK)13.6 ( MANAGEMENT)13.6 ( AND)13.7 ( FAIR)13.6 ( VALUES)13.6 ( OF)49.2 ( )]TJ 0.028 Tc 0 Tw 2.025 -1.357 Td (FINANCIAL INSTRUMENTS \(Continued\))Tj 0 0 0 0.8 k 11.5 0 0 11.5 99.2126 617.2631 Tm [(\(e\) )-853.5 (Currency risk \(Continued\))]TJ 0 0 0 1 k /GS1 gs 10.5 0 0 10.5 127.5591 585.2631 Tm [(\(i\) )-1366.3 (Recognised assets and liabilities \(Continued\))]TJ /T1_2 1 Tf 0.053 Tw 2.7 -3.048 Td (On the other hand, RMB is not a freely convertible currency and the PRC \)Tj 0.044 Tc 0.077 Tw 0 -1.524 TD [(g)0.5 (ov)0.5 (er)0.5 (nm)0.5 (e)0.5 (nt)14.4 ( ma)0.5 (y)14.4 (,)14.3 ( a)0.5 (t)14.3 ( it)0.5 (s)14.3 ( d)0.5 (i)0.5 (sc)0.5 (re)0.5 (t)0.5 (io)0.5 (n)14.3 (,)14.4 ( r)0.5 (es)0.5 (tr)0.5 (i)0.5 (ct)14.4 ( ac)0.5 (ce)0.5 (s)0.5 (s)14.3 ( t)0.5 (o)14.3 ( f)0.5 (o)0.5 (re)0.5 (ig)0.5 (n)14.4 ( cu)0.5 (rr)0.5 (e)0.5 (nc)0.5 (i)0.5 (es)16.2 ( )]TJ 0.057 Tc 0.078 Tw T* [(for)13.6 ( current)13.6 ( account)13.6 ( transactions)13.6 ( in)13.6 ( the)13.6 ( future)13.6 (.)13.6 ( Changes)13.6 ( in)13.6 ( the)13.6 ( foreign)29.2 ( )]TJ 0.028 Tc 0.024 Tw T* (exchange control system may prevent the Group from satisfying sufficient\ )Tj 0.087 Tc 0.078 Tw T* [(foreign)14 ( currency)14 ( demands)14 ( and)14 ( the)14 ( Group)14 ( may)14 ( not)14 ( be)14.1 ( able)14 ( to)14 ( pay)59.1 ( )]TJ 0.028 Tc 0 Tw T* (dividends in foreign currencies to its equity holders.)Tj /T1_1 1 Tf -2.7 -3.048 Td [(\(ii\) )-1060.5 (Exposure to currency risk)]TJ /T1_2 1 Tf 0.07 Tw 2.7 -3.048 Td (The Group\222s cash at banks and on hand, prepayments and other current \)Tj 0.034 Tc 0.086 Tw T* [(assets)6.2 (,)6.2 ( )0.5 (borrowings)6.2 (,)6.2 ( )0.5 (trade)6.2 ( )0.5 (and)6.2 ( )0.5 (bills)6.1 ( )0.5 (payables)6.2 ( and)6.2 ( other)6.2 ( current)6.2 ( liabilities)6.2 ( )]TJ 0.061 Tc 0.078 Tw T* [(contain)13.9 ( items)13.9 ( denominated)13.9 ( in)13.9 ( foreign)14 ( currencies)13.9 (.)13.9 ( The)14 ( following)14 ( table)33.2 ( )]TJ 0.047 Tc 0.077 Tw T* [(ind)0.5 (icates)14.3 ( the)14.3 ( inst)0.5 (antaneous)14.3 ( chang)0.5 (e)14.3 ( i)0.5 (n)14.3 ( t)0.5 (he)14.3 ( Gr)0.5 (oup)14.3 (\222)14.3 (s)14.3 ( pr)0.5 (ofit)14.3 ( after)14.3 ( tax)14.3 ( \()14.3 (and)19.2 ( )]TJ 0.028 Tc 0.045 Tw T* (retained earnings\) that would arise if foreign exchange rates to which \the )Tj 0.049 Tc 0.078 Tw T* [(Group)14.1 ( has)14 ( significant)14 ( exposure)14 ( at)14.1 ( the)14.1 ( end)14.1 ( of)14 ( the)14 ( reporting)14 ( period)14.1 ( had)21.2 ( )]TJ 0.027 Tc 0 Tw T* [(changed at that date, assuming all other risk variables remained constan\t.)-0.8 ( )]TJ 0.054 Tc 0.078 Tw T* [(In)14 ( this)14.1 ( respect)14 (,)14.1 ( it)14.1 ( is)14 ( assumed)14.1 ( that)14 ( the)14 ( pegged)14 ( rate)14.1 ( between)14.1 ( the)14.1 ( Hong)26.2 ( )]TJ 0.03 Tc 0.09 Tw T* [(Kong)2.2 ( Dollar)2.2 ( )0.5 (and)2.2 ( the)2.2 ( )0.5 (United)2.2 ( )0.5 (States)2.2 ( )0.5 (Dollar)2.2 ( would)2.2 ( )0.5 (be)2.2 ( )0.5 (materially)2.2 ( )0.5 (unaffected)2.2 ( )]TJ 0.058 Tc 0.078 Tw T* [(by)14.1 ( any)14.1 ( changes)14.1 ( in)14.1 ( the)14.1 ( movement)14.1 ( in)14 ( value)14 ( of)14.1 ( the)14.1 ( United)14.1 ( States)14.1 ( Dollar)30.2 ( )]TJ 0.028 Tc 0 Tw T* (against other currencies.)Tj ET endstreamendobj406 0 obj<>endobj403 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 536.9537 33.8036 Tm (353)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0.077 Tc 0.078 Tw 14 0 0 14 70.8661 670.2631 Tm [(3)49.2 (7)49.2 ( )-424.2 (FINANCIAL)13.6 ( RISK)13.6 ( MANAGEMENT)13.6 ( AND)13.7 ( FAIR)13.6 ( VALUES)13.6 ( OF)49.2 ( )]TJ 0.028 Tc 0 Tw 2.025 -1.357 Td (FINANCIAL INSTRUMENTS \(Continued\))Tj 0 0 0 0.8 k 11.5 0 0 11.5 99.2126 617.2631 Tm [(\(d\) )-798.5 (Interest rate risk \(Continued\))]TJ 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.078 Tw 10.5 0 0 10.5 127.5591 585.2631 Tm (The sensitivity analysis above has been determined assuming that the cha\nge )Tj 0.066 Tc 0 -1.524 TD [(in)14.3 ( )0.5 (interest)14.2 ( )0.5 (rates)14.2 ( )0.5 (had)14.2 ( )0.5 (occurred)14.3 ( )0.5 (at)14.2 ( )0.5 (the)14.3 ( end)14.2 ( )0.5 (of)14.3 ( )0.5 (the)14.2 ( )0.5 (reporting)14.3 ( )0.5 (period)14.2 ( )0.5 (and)14.2 ( )0.5 (had)38.2 ( )]TJ 0.043 Tc T* [(been)13.5 ( applied)13.5 ( to)13.5 ( the)13.5 ( exposure)13.5 ( to)13.5 ( interest)13.5 ( rate)13.6 ( risk)13.5 ( for)13.5 ( non)13.5 (-)13.5 (derivative)13.5 ( financial)15.2 ( )]TJ 0.028 Tc 0 Tw T* (instruments in existence at the end of the reporting period.)Tj 0.025 Tc 0 -3.048 TD [(The estimated 100 basis points\222 increase or decrease represents manag\ement\222s)-2.8 ( )]TJ 0.034 Tc 0.086 Tw 0 -1.524 TD [(a)0.5 (s)0.6 (s)0.6 (e)0.5 (s)0.5 (s)0.6 (m)0.6 (e)0.5 (n)0.6 (t)6.1 ( )0.5 (o)0.6 (f)6.1 ( )0.5 (a)6.2 ( )0.5 (r)0.5 (e)0.6 (a)0.5 (s)0.6 (o)0.5 (n)0.5 (a)0.6 (b)0.6 (l)0.5 (y)6.2 ( )0.5 (p)0.5 (o)0.6 (s)0.5 (s)0.6 (i)0.5 (b)0.6 (l)0.6 (e)6.2 ( c)0.6 (h)0.5 (a)0.6 (n)0.5 (g)0.6 (e)6.2 ( i)0.6 (n)6.2 ( i)0.6 (n)0.6 (t)0.5 (e)0.5 (r)0.6 (e)0.5 (s)0.6 (t)6.2 ( )0.5 (r)0.5 (a)0.6 (t)0.5 (e)0.6 (s)6.1 ( )0.5 (o)0.6 (v)0.5 (e)0.6 (r)6.1 ( )0.5 (t)0.6 (h)0.5 (e)6.2 ( )0.5 (p)0.5 (e)0.6 (r)0.5 (i)0.6 (o)0.5 (d)6.2 ( )]TJ 0.028 Tc 0.079 Tw T* (until the end of the next reporting period. The sensitivity analysis is \performed )Tj 0 Tw T* (on the same basis for the years presented.)Tj 0 0 0 0.8 k /GS0 gs /T1_1 1 Tf 11.5 0 0 11.5 99.2126 423.2631 Tm [(\(e\) )-853.5 (Currency risk)]TJ 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.031 Tc 0.089 Tw 10.5 0 0 10.5 127.5591 391.2631 Tm [(The)3.2 ( )0.5 (Group)3.2 ( )0.5 (is)3.2 ( exposed)3.3 ( to)3.2 ( )0.5 (currency)3.2 ( )0.5 (risk)3.2 ( )0.5 (primarily)3.2 ( )0.5 (through)3.2 ( )0.5 (sales)3.3 ( and)3.2 ( )0.5 (purchases)3.2 ( )]TJ 0.087 Tc 0.077 Tw T* [(w)0.5 (h)0.6 (i)0.5 (c)0.5 (h)14.4 ( g)0.5 (i)0.6 (v)0.5 (e)14.4 ( r)0.5 (i)0.5 (s)0.6 (e)14.4 ( t)0.5 (o)14.4 ( r)0.5 (e)0.5 (c)0.6 (e)0.5 (i)0.5 (v)0.5 (a)0.6 (b)0.5 (l)0.5 (e)0.5 (s)14.5 (,)14.4 ( b)0.5 (o)0.5 (r)0.5 (r)0.6 (o)0.5 (w)0.5 (i)0.6 (n)0.5 (g)0.5 (s)14.4 ( a)0.5 (n)0.5 (d)14.5 ( c)0.6 (a)0.5 (s)0.5 (h)14.4 ( b)0.5 (a)0.6 (l)0.5 (a)0.5 (n)0.5 (c)0.5 (e)0.6 (s)14.4 ( t)0.5 (h)0.5 (a)0.5 (t)14.4 ( a)0.5 (r)0.6 (e)59.2 ( )]TJ 0.05 Tc 0.078 Tw T* [(denominated)14 ( in)14 ( a)14 ( foreign)14 ( currency)14 (,)14 ( i)14 (.)14 (e)14 (.)14.1 ( a)14.1 ( currency)14 ( other)14 ( than)14 ( the)14.1 ( functional)22.2 ( )]TJ 0.055 Tc T* [(currency)14.3 ( )0.5 (of)14.3 ( )0.5 (the)14.2 ( )0.6 (operations)14.3 ( )0.5 (to)14.3 ( )0.5 (which)14.3 ( )0.5 (the)14.3 ( )0.5 (transactions)14.3 ( )0.5 (relate)14.3 (.)14.2 ( )0.6 (The)14.3 ( )0.5 (currencies)27.2 ( )]TJ 0.029 Tc 0.091 Tw T* [(g)0.5 (iv)0.5 (in)0.5 (g)1.2 ( )0.5 (ri)0.5 (se)1.3 ( t)0.5 (o)1.2 ( t)0.5 (hi)0.5 (s)1.2 ( )0.5 (ri)0.5 (s)0.5 (k)1.2 ( a)0.5 (re)1.3 ( p)0.5 (ri)0.5 (m)0.5 (ar)0.5 (il)0.5 (y)1.2 ( )0.5 (Ho)0.5 (n)0.5 (g)1.2 ( K)0.5 (on)0.5 (g)1.2 ( )0.5 (Do)0.5 (l)0.5 (la)0.5 (r)1.2 (,)1.2 ( )0.5 (Eu)0.5 (ro)1.2 ( )0.5 (a)0.5 (nd)1.2 ( )0.5 (U)0.5 (ni)0.5 (te)0.5 (d)1.2 ( )0.5 (St)0.5 (at)0.5 (es)1.2 ( )]TJ 0.028 Tc 0 Tw T* (Dollar. The Group manages this risk as follows:)Tj /T1_1 1 Tf 0 -3.048 TD [(\(i\) )-1366.3 (Recognised assets and liabilities)]TJ /T1_2 1 Tf 0.114 Tc 0.078 Tw 2.7 -3.048 Td [(Except)13.7 ( for)13.8 ( foreign)13.7 ( operations)13.7 ( of)13.7 ( three)13.7 ( subsidiaries)13.7 ( which)13.7 ( were)86.2 ( )]TJ 0.057 Tc 0 -1.524 TD [(denominated)14.2 ( )0.5 (in)14.2 ( )0.5 (foreign)14.2 ( )0.5 (currencies)14.2 (,)14.2 ( )0.5 (all)14.2 ( )0.5 (revenue)14.3 (-)14.2 (generating)14.3 ( operations)29.2 ( )]TJ 0.042 Tc 0 -1.524 TD [(of)13.9 ( the)14 ( Group)14 ( are)13.9 ( transacted)14 ( in)13.9 ( RMB)14 (.)13.9 ( In)13.9 ( addition)13.9 (,)14 ( the)13.9 ( Group)13.9 ( has)13.9 ( certain)14.2 ( )]TJ 0.028 Tc 0.028 Tw 0 -1.524 TD [(borrowings )0.5 (that )0.5 (are )0.5 (denominated )0.6 (in )0.6 (South )0.6 (African )0.6 (Rand, )0.5 (Canadian )0.5 (Dollar, )]TJ 0 Tw T* (Euro and United States Dollar.)Tj ET endstreamendobj404 0 obj<>endobj401 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 37.6388 33.8036 Tm (352)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0.077 Tc 0.078 Tw 14 0 0 14 70.8661 670.2631 Tm [(3)49.2 (7)49.2 ( )-424.2 (FINANCIAL)13.6 ( RISK)13.6 ( MANAGEMENT)13.6 ( AND)13.7 ( FAIR)13.6 ( VALUES)13.6 ( OF)49.2 ( )]TJ 0.028 Tc 0 Tw 2.025 -1.357 Td (FINANCIAL INSTRUMENTS \(Continued\))Tj 0 0 0 0.8 k 11.5 0 0 11.5 99.2126 617.2631 Tm [(\(d\) )-798.5 (Interest rate risk \(Continued\))]TJ 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.037 Tc 0.083 Tw 10.5 0 0 10.5 127.5591 585.2631 Tm [(The)9.2 ( )0.5 (following)9.2 ( )0.5 (table)9.2 ( )0.5 (details)9.3 ( the)9.1 ( )0.5 (profile)9.2 ( of)9.2 ( )0.5 (the)9.2 ( Group)9.2 (\222)9.3 (s)9.2 ( net)9.2 ( )0.5 (borrowings)9.2 ( \()9.2 (interest)9.2 (-)]TJ 0.032 Tc 0.088 Tw 0 -1.524 TD [(bearing)4.2 ( )0.5 (financial)4.2 ( )0.5 (liabilities)4.2 ( less)4.2 ( )0.5 (interest)4.2 (-)4.2 (bearing)4.2 ( )0.5 (financial)4.2 ( )0.5 (assets)4.2 (\))4.2 ( at)4.2 ( )0.5 (the)4.2 ( )0.5 (end)4.2 ( )0.5 (of)4.2 ( )]TJ 0.028 Tc 0.061 Tw T* (the reporting period. The detailed interest rates and maturity informati\on of the )Tj 0 Tw T* (Group\222s borrowings are disclosed in note 28.)Tj ET 0 0 0 0 k /GS0 gs 354.331 519.93 85.039 -16 re 354.331 503.93 85.039 -16 re 354.331 487.93 85.039 -4.01 re 354.331 483.92 85.039 -16 re 354.331 467.92 85.039 -16 re 354.331 451.92 85.039 -16 re 354.331 435.92 85.039 -16 re 354.331 419.92 85.039 -16 re 354.331 403.92 85.039 -16 re 354.331 387.92 85.039 -16 re 354.331 371.92 85.039 -3.009 re 354.331 368.911 85.039 -16 re 354.331 352.911 85.039 -16 re 354.331 336.911 85.039 -3.009 re 354.331 333.902 85.039 -3.009 re 354.331 330.893 85.039 -16 re 354.331 314.893 85.039 -16 re 354.331 298.893 85.039 -16 re 354.331 282.893 85.039 -16 re 354.331 266.893 85.039 -32 re 354.331 234.893 85.039 -3.009 re 354.331 231.884 85.039 -16 re 354.331 215.884 85.039 -16 re 354.331 199.884 85.039 -3.009 re 354.331 196.875 85.039 -16 re 354.331 180.875 85.039 -18 re 354.331 162.875 85.039 -7.664 re 354.331 155.211 85.039 -3.009 re f BT /CS0 cs 1 scn /T1_1 1 Tf -0.028 Tw 10.5 0 0 10.5 409.4731 505.2631 Tm (2018)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (2017)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 10.5 0 2.8135 10.5 386.5307 489.2631 Tm (RMB\222000)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.265 0 Td (RMB\222000)Tj ET /CS0 CS 1 SCN /GS0 gs q 1 0 0 1 127.559 484.4199 cm 0 0 m 226.772 0 l S Q BT /GS1 gs 0 Tc 0 Tw 10.5 0 0 10.5 127.559 485.2534 Tm ( )Tj ET /GS0 gs q 1 0 0 1 354.3307 484.4199 cm 0 0 m 85.039 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 10.5 0 2.8135 10.5 354.3307 485.2534 Tm ( )Tj ET q 1 0 0 1 439.3701 484.4199 cm 0 0 m 85.039 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 2.8135 10.5 439.3701 485.2534 Tm ( )Tj /T1_1 1 Tf 0.028 Tc 10.5 0 0 10.5 127.559 453.2534 Tm (Net fixed rate borrowings/\(lendings\):)Tj /T1_2 1 Tf 0 -3.048 TD (Obligations under financial leases)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 25.376 0 Td (415,423)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (460,945)Tj -33.475 -1.524 Td (Borrowings)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 23.902 0 Td (32,542,373)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (31,896,739)Tj 0 Tw -32.001 -1.524 Td (Less: loans and advances )Tj 10.5 0 2.8135 10.5 259.8416 389.2534 Tm (\(note 24\(i\)\))Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 10.5 0 0 10.5 389.9222 389.2534 Tm (\(781,000\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (\(378,000\))Tj 0 Tw -30.305 -1.524 Td (other assets )Tj 10.5 0 2.8135 10.5 219.5854 373.2534 Tm (\(note 21\))Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 10.5 0 0 10.5 389.9222 373.2534 Tm (\(223,084\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.683 0 Td (\(63,183\))Tj ET 0.5 w /GS0 gs q 1 0 0 1 360 369.1609 cm 0 0 m 73.701 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tc 0 Tw 10.5 0 0 10.5 354.3307 370.2444 Tm ( )Tj ET q 1 0 0 1 445.0393 369.1609 cm 0 0 m 73.701 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 0 10.5 439.3701 370.2444 Tm ( )Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 0.028 Tc -0.028 Tw -5.794 -3.048 Td (31,953,712)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (31,916,501)Tj ET /GS0 gs q 1 0 0 1 360 334.1518 cm 0 0 m 73.701 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tc 0 Tw 10.5 0 0 10.5 354.3307 335.2353 Tm ( )Tj ET q 1 0 0 1 445.0393 334.1518 cm 0 0 m 73.701 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 0 10.5 439.3701 335.2353 Tm ( )Tj /T1_1 1 Tf 0.028 Tc -29.696 -3.334 Td (Net floating rate borrowings/\(lendings\):)Tj /T1_2 1 Tf -0.028 Tw T* (Borrowings)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 23.902 0 Td (42,438,315)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (45,497,601)Tj 0 Tw -32.001 -1.524 Td (Less: bank deposits )Tj 0 Tc ( )Tj 0.028 Tc 3.78 -1.524 Td (\(including restricted deposits\))Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 20.318 0 Td (\(3,114,351\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (\(5,105,050\))Tj ET /GS0 gs q 1 0 0 1 360 232.1337 cm 0 0 m 73.701 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tc 0 Tw 10.5 0 0 10.5 354.3307 233.2172 Tm ( )Tj ET q 1 0 0 1 445.0393 232.1337 cm 0 0 m 73.701 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 0 10.5 439.3701 233.2172 Tm ( )Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 0.028 Tc -0.028 Tw -5.794 -3.048 Td (39,323,964)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (40,392,551)Tj ET /GS0 gs q 1 0 0 1 360 197.1247 cm 0 0 m 73.701 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tc 0 Tw 10.5 0 0 10.5 354.3307 198.2082 Tm ( )Tj ET q 1 0 0 1 445.0393 197.1247 cm 0 0 m 73.701 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 0 10.5 439.3701 198.2082 Tm ( )Tj 0.028 Tc -29.696 -3.238 Td (Total net borrowings)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 23.902 0 Td (71,277,676)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (72,309,052)Tj ET 2.5 w /GS0 gs q 1 0 0 1 360 158.9611 cm 0 0 m 73.701 0 l S Q 0.835 w q 1 0 0 1 360 155.6286 cm 0 0 m 73.701 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tc 0 Tw 10.5 0 0 10.5 354.3307 156.5446 Tm ( )Tj ET 2.5 w q 1 0 0 1 445.0394 158.9611 cm 0 0 m 73.701 0 l S Q 0.835 w q 1 0 0 1 445.0394 155.6286 cm 0 0 m 73.701 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 0 10.5 439.3701 156.5446 Tm ( )Tj 0.028 Tc 0.085 Tw -29.696 -3.207 Td (At 31 December 2018, it is estimated that a general increase/decrease of\ 100 )Tj 0.074 Tw 0 -1.524 TD (basis points in interest rates of net floating borrowings, with all othe\r variables )Tj 0.014 Tw T* (held constant, would have decreased/increased the Group\222s profit afte\r tax and )Tj 0 Tw T* (retained earnings by approximately RMB188,709,000 \(2017: RMB287,772,000\\).)Tj ET endstreamendobj402 0 obj<>endobj399 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 536.9537 33.8036 Tm (351)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0.077 Tc 0.502 Tw 14 0 0 14 70.8661 670.2631 Tm [(3)49.2 (7)49.2 ( FINAN)]TJ 0.078 Tw [(CIAL)13.6 ( RISK)13.6 ( MANAGEMENT)13.6 ( AND)13.7 ( FAIR)13.7 ( VALUES)13.6 ( OF)49.2 ( )]TJ 0.028 Tc 0 Tw 2.025 -1.214 Td (FINANCIAL INSTRUMENTS \(Continued\))Tj 0 0 0 0.8 k 11.5 0 0 11.5 99.2126 623.2631 Tm [(\(c\) )-853.5 (Liquidity risk \(Continued\))]TJ ET 0 0 0 0 k 226.772 561.92 42.52 -14 re 269.291 561.92 42.52 -14 re 311.811 561.92 42.52 -14 re 354.331 561.92 42.52 -14 re 396.85 561.92 42.52 -14 re 439.37 561.92 42.52 -14 re 481.89 561.92 42.52 -14 re 226.772 547.92 42.52 -14 re 269.291 547.92 42.52 -14 re 311.811 547.92 42.52 -14 re 354.331 547.92 42.52 -14 re 396.85 547.92 42.52 -14 re 439.37 547.92 42.52 -14 re 481.89 547.92 42.52 -14 re 226.772 533.92 42.52 -14 re 269.291 533.92 42.52 -14 re 311.811 533.92 42.52 -14 re 354.331 533.92 42.52 -14 re 396.85 533.92 42.52 -14 re 439.37 533.92 42.52 -14 re 481.89 533.92 42.52 -14 re 226.772 519.92 42.52 -14 re 269.291 519.92 42.52 -14 re 311.811 519.92 42.52 -14 re 354.331 519.92 42.52 -14 re 396.85 519.92 42.52 -14 re 439.37 519.92 42.52 -14 re 481.89 519.92 42.52 -14 re 226.772 505.92 42.52 -14 re 269.291 505.92 42.52 -14 re 311.811 505.92 42.52 -14 re 354.331 505.92 42.52 -14 re 396.85 505.92 42.52 -14 re 439.37 505.92 42.52 -14 re 481.89 505.92 42.52 -14 re 226.772 491.92 42.52 -14 re 269.291 491.92 42.52 -14 re 311.811 491.92 42.52 -14 re 354.331 491.92 42.52 -14 re 396.85 491.92 42.52 -14 re 439.37 491.92 42.52 -14 re 481.89 491.92 42.52 -14 re 226.772 477.92 42.52 -14 re 269.291 477.92 42.52 -14 re 311.811 477.92 42.52 -14 re 354.331 477.92 42.52 -14 re 396.85 477.92 42.52 -14 re 439.37 477.92 42.52 -14 re 481.89 477.92 42.52 -14 re 226.772 463.92 42.52 -14 re 269.291 463.92 42.52 -14 re 311.811 463.92 42.52 -14 re 354.331 463.92 42.52 -14 re 396.85 463.92 42.52 -14 re 439.37 463.92 42.52 -14 re 481.89 463.92 42.52 -14 re 226.772 449.92 42.52 -3.009 re 269.291 449.92 42.52 -3.009 re 311.811 449.92 42.52 -3.009 re 354.331 449.92 42.52 -3.009 re 396.85 449.92 42.52 -3.009 re 439.37 449.92 42.52 -3.009 re 481.89 449.92 42.52 -3.009 re 226.772 446.911 42.52 -14 re 269.291 446.911 42.52 -14 re 311.811 446.911 42.52 -14 re 354.331 446.911 42.52 -14 re 396.85 446.911 42.52 -14 re 439.37 446.911 42.52 -14 re 481.89 446.911 42.52 -14 re 226.772 432.911 42.52 -14 re 269.291 432.911 42.52 -14 re 311.811 432.911 42.52 -14 re 354.331 432.911 42.52 -14 re 396.85 432.911 42.52 -14 re 439.37 432.911 42.52 -14 re 481.89 432.911 42.52 -14 re 226.772 418.911 42.52 -7.664 re 269.291 418.911 42.52 -7.664 re 311.811 418.911 42.52 -7.664 re 354.331 418.911 42.52 -7.664 re 396.85 418.911 42.52 -7.664 re 439.37 418.911 42.52 -7.664 re 481.89 418.911 42.52 -7.664 re 226.772 411.247 42.52 -3.009 re 269.291 411.247 42.52 -3.009 re 311.811 411.247 42.52 -3.009 re 354.331 411.247 42.52 -3.009 re 396.85 411.247 42.52 -3.009 re 439.37 411.247 42.52 -3.009 re 481.89 411.247 42.52 -3.009 re f BT 0 0 0 1 k /GS1 gs -0.028 Tw 6 0 0 10 237.7827 595.1996 Tm (Carrying )Tj 0.557 -1.4 Td (amount)Tj 5.003 1.4 Td (Contractual )Tj 0 Tw 0.471 -1.4 Td (cash flows)Tj -0.028 Tw 11.033 1.4 Td (On )Tj -2.556 -1.4 Td (demand)Tj 0 Tw 8.03 1.4 Td (1 year )Tj -0.361 -1.4 Td (or less)Tj 5.696 0 Td (1\2262 years)Tj 7.087 0 Td (2\2265 years)Tj 6.868 1.4 Td (More than )Tj 1.387 -1.4 Td (5 years)Tj /T1_2 1 Tf -0.028 Tw 6 0 2.6795 10 237.2532 567.1996 Tm (RMB\222000)Tj 7.087 0 Td (RMB\222000)Tj 7.087 0 Td (RMB\222000)Tj 7.087 0 Td (RMB\222000)Tj 7.087 0 Td (RMB\222000)Tj 7.087 0 Td (RMB\222000)Tj 7.087 0 Td (RMB\222000)Tj ET /CS0 CS 1 SCN /GS0 gs q 1 0 0 1 127.5591 562.4199 cm 0 0 m 99.213 0 l S Q BT /GS1 gs 0 Tc 0 Tw 10 0 0 10 127.5591 563.1898 Tm ( )Tj ET /GS0 gs q 1 0 0 1 226.7717 562.4198 cm 0 0 m 42.52 0 l S Q BT /GS1 gs 10 0 0 10 226.7717 563.1898 Tm ( )Tj ET /GS0 gs q 1 0 0 1 269.2913 562.4198 cm 0 0 m 42.52 0 l S Q BT /GS1 gs 10 0 0 10 269.2913 563.1898 Tm ( )Tj ET /GS0 gs q 1 0 0 1 311.811 562.4198 cm 0 0 m 42.52 0 l S Q BT /GS1 gs 10 0 0 10 311.811 563.1898 Tm ( )Tj ET /GS0 gs q 1 0 0 1 354.3307 562.4198 cm 0 0 m 42.52 0 l S Q BT /GS1 gs 10 0 0 10 354.3307 563.1898 Tm ( )Tj ET /GS0 gs q 1 0 0 1 396.8504 562.4198 cm 0 0 m 42.52 0 l S Q BT /GS1 gs 10 0 0 10 396.8504 563.1898 Tm ( )Tj ET /GS0 gs q 1 0 0 1 439.3701 562.4198 cm 0 0 m 42.52 0 l S Q BT /GS1 gs 10 0 0 10 439.3701 563.1898 Tm ( )Tj ET /GS0 gs q 1 0 0 1 481.8898 562.4198 cm 0 0 m 42.52 0 l S Q BT /GS1 gs 10 0 0 10 481.8898 563.1898 Tm ( )Tj 0.028 Tc 6 0 0 10 127.5591 535.1898 Tm (31 December 2018)Tj 0 -1.4 TD (Long-term borrowings)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 17.423 0 Td (46,644,884)Tj 7.087 0 Td (61,330,817)Tj 0 Tc 0 Tw 11.785 0 Td (\226)Tj 0.028 Tc -0.028 Tw 2.972 0 Td (2,487,547)Tj 7.087 0 Td (9,604,743)Tj 6.503 0 Td (30,442,002)Tj 7.087 0 Td (18,796,525)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0 Tw -59.943 -1.4 Td (Short-term borrowings)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 17.423 0 Td (28,335,804)Tj 7.087 0 Td (28,335,804)Tj 0 Tc 0 Tw 11.785 0 Td (\226)Tj 0.028 Tc -0.028 Tw 2.388 0 Td (28,335,804)Tj 0 Tc 0 Tw 11.785 0 Td (\226)Tj 7.087 0 Td (\226)Tj 7.087 0 Td (\226)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.028 Tc -64.641 -1.4 Td (Trade and bills payables)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 18.007 0 Td (2,058,877)Tj 7.087 0 Td (2,058,877)Tj 0 Tc 0 Tw 11.201 0 Td (\226)Tj 0.028 Tc -0.028 Tw 2.972 0 Td (2,058,877)Tj 0 Tc 0 Tw 11.201 0 Td (\226)Tj 7.087 0 Td (\226)Tj 7.087 0 Td (\226)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.028 Tc -64.641 -1.4 Td (Other payables)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 18.007 0 Td (9,117,467)Tj 7.087 0 Td (9,117,467)Tj 0 Tc 0 Tw 11.201 0 Td (\226)Tj 0.028 Tc -0.028 Tw 2.972 0 Td (9,117,467)Tj 0 Tc 0 Tw 11.201 0 Td (\226)Tj 7.087 0 Td (\226)Tj 7.087 0 Td (\226)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.028 Tc -0.028 Tw -64.641 -1.4 Td (Guarantees)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 0 Tc 0 Tw 22.121 0 Td (\226)Tj 0.028 Tc -0.028 Tw 3.862 0 Td (151,257)Tj 7.087 0 Td (151,257)Tj 0 Tc 0 Tw 10.311 0 Td (\226)Tj 7.087 0 Td (\226)Tj 7.087 0 Td (\226)Tj 7.087 0 Td (\226)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.028 Tc -64.641 -1.4 Td (Other long-term liabilities)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 18.007 0 Td (1,420,972)Tj 7.087 0 Td (1,420,972)Tj 0 Tc 0 Tw 11.201 0 Td (\226)Tj 7.087 0 Td (\226)Tj 0.028 Tc -0.028 Tw 3.862 0 Td (543,625)Tj 7.087 0 Td (468,650)Tj 7.087 0 Td (408,697)Tj ET 0.5 w q 1 0 0 1 229.6064 447.1608 cm 0 0 m 34.016 0 l S Q BT 0 Tc 0 Tw 10 0 0 10 226.7717 448.1808 Tm ( )Tj ET q 1 0 0 1 272.126 447.1608 cm 0 0 m 34.016 0 l S Q BT 10 0 0 10 269.2914 448.1808 Tm ( )Tj ET q 1 0 0 1 314.6457 447.1608 cm 0 0 m 34.016 0 l S Q BT 10 0 0 10 311.8111 448.1808 Tm ( )Tj ET q 1 0 0 1 357.1654 447.1608 cm 0 0 m 34.016 0 l S Q BT 10 0 0 10 354.3307 448.1808 Tm ( )Tj ET q 1 0 0 1 399.6851 447.1608 cm 0 0 m 34.016 0 l S Q BT 10 0 0 10 396.8505 448.1808 Tm ( )Tj ET q 1 0 0 1 442.2048 447.1608 cm 0 0 m 34.016 0 l S Q BT 10 0 0 10 439.3701 448.1808 Tm ( )Tj ET q 1 0 0 1 484.7245 447.1608 cm 0 0 m 34.016 0 l S Q BT 10 0 0 10 481.8898 448.1808 Tm ( )Tj 0.028 Tc -0.028 Tw 6 0 0 10 232.0969 420.1808 Tm (87,578,004)Tj 6.503 0 Td (102,415,194)Tj 9.144 0 Td (151,257)Tj 5.613 0 Td (41,999,695)Tj 7.087 0 Td (10,148,368)Tj 7.087 0 Td (30,910,652)Tj 7.087 0 Td (19,205,222)Tj ET 2.5 w q 1 0 0 1 229.6064 414.9972 cm 0 0 m 34.016 0 l S Q 0.835 w q 1 0 0 1 229.6064 411.6647 cm 0 0 m 34.016 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0 Tc 0 Tw 10 0 0 10 226.7717 412.5172 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 272.126 414.9972 cm 0 0 m 34.016 0 l S Q 0.835 w q 1 0 0 1 272.126 411.6647 cm 0 0 m 34.016 0 l S Q BT /GS1 gs 10 0 0 10 269.2914 412.5172 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 314.6457 414.9972 cm 0 0 m 34.016 0 l S Q 0.835 w q 1 0 0 1 314.6457 411.6647 cm 0 0 m 34.016 0 l S Q BT /GS1 gs 10 0 0 10 311.8111 412.5172 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 357.1654 414.9972 cm 0 0 m 34.016 0 l S Q 0.835 w q 1 0 0 1 357.1654 411.6647 cm 0 0 m 34.016 0 l S Q BT /GS1 gs 10 0 0 10 354.3307 412.5172 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 399.6851 414.9972 cm 0 0 m 34.016 0 l S Q 0.835 w q 1 0 0 1 399.6851 411.6647 cm 0 0 m 34.016 0 l S Q BT /GS1 gs 10 0 0 10 396.8505 412.5172 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 442.2048 414.9972 cm 0 0 m 34.016 0 l S Q 0.835 w q 1 0 0 1 442.2048 411.6647 cm 0 0 m 34.016 0 l S Q BT /GS1 gs 10 0 0 10 439.3701 412.5172 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 484.7245 414.9972 cm 0 0 m 34.016 0 l S Q 0.835 w q 1 0 0 1 484.7245 411.6647 cm 0 0 m 34.016 0 l S Q BT /GS1 gs 10 0 0 10 481.8898 412.5172 Tm ( )Tj 0.028 Tc 6 0 0 10 127.5591 381.5081 Tm (31 December 2017)Tj T* (Long-term borrowings)Tj -0.028 Tw 17.423 0 Td (41,620,177)Tj 7.087 0 Td (51,746,242)Tj 0 Tc 0 Tw 11.841 0 Td (\226)Tj 0.028 Tc -0.028 Tw 2.916 0 Td (1,924,151)Tj 7.087 0 Td (6,563,544)Tj 6.503 0 Td (25,770,883)Tj 7.087 0 Td (17,487,664)Tj 0 Tw -59.943 -1.4 Td (Short-term borrowings)Tj -0.028 Tw 17.423 0 Td (35,774,163)Tj 7.087 0 Td (36,572,934)Tj 0 Tc 0 Tw 11.841 0 Td (\226)Tj 0.028 Tc -0.028 Tw 2.332 0 Td (36,572,934)Tj 0 Tc 0 Tw 11.841 0 Td (\226)Tj 7.087 0 Td (\226)Tj 7.087 0 Td (\226)Tj 0.028 Tc -64.697 -1.4 Td (Trade and bills payables)Tj -0.028 Tw 18.007 0 Td (1,890,907)Tj 7.087 0 Td (1,890,907)Tj 0 Tc 0 Tw 11.257 0 Td (\226)Tj 0.028 Tc -0.028 Tw 2.916 0 Td (1,890,907)Tj 0 Tc 0 Tw 11.257 0 Td (\226)Tj 7.087 0 Td (\226)Tj 7.087 0 Td (\226)Tj 0.028 Tc -64.697 -1.4 Td (Other payables)Tj -0.028 Tw 18.007 0 Td (9,086,092)Tj 7.087 0 Td (9,086,092)Tj 0 Tc 0 Tw 11.257 0 Td (\226)Tj 0.028 Tc -0.028 Tw 2.916 0 Td (9,086,092)Tj 0 Tc 0 Tw 11.257 0 Td (\226)Tj 7.087 0 Td (\226)Tj 7.087 0 Td (\226)Tj 0.028 Tc -0.028 Tw -64.697 -1.4 Td (Guarantees)Tj 0 Tc 0 Tw 22.177 0 Td (\226)Tj 0.028 Tc -0.028 Tw 4.39 0 Td (67,833)Tj 7.087 0 Td (67,833)Tj 0 Tc 0 Tw 9.784 0 Td (\226)Tj 7.087 0 Td (\226)Tj 7.087 0 Td (\226)Tj 7.087 0 Td (\226)Tj 0.028 Tc -64.697 -1.4 Td (Other long-term liabilities )Tj -0.028 Tw 18.007 0 Td (1,376,130)Tj 7.087 0 Td (1,376,130)Tj 0 Tc 0 Tw 11.257 0 Td (\226)Tj 7.087 0 Td (\226)Tj 0.028 Tc -0.028 Tw 3.806 0 Td (331,258)Tj 7.087 0 Td (397,422)Tj 7.087 0 Td (647,450)Tj ET 0.5 w /GS0 gs q 1 0 0 1 229.6064 293.4791 cm 0 0 m 34.016 0 l S Q BT /GS1 gs 0 Tc 0 Tw 10 0 0 10 226.7717 294.4991 Tm ( )Tj ET /GS0 gs q 1 0 0 1 272.126 293.4791 cm 0 0 m 34.016 0 l S Q BT /GS1 gs 10 0 0 10 269.2914 294.4991 Tm ( )Tj ET /GS0 gs q 1 0 0 1 314.6457 293.4791 cm 0 0 m 34.016 0 l S Q BT /GS1 gs 10 0 0 10 311.8111 294.4991 Tm ( )Tj ET /GS0 gs q 1 0 0 1 357.1654 293.4791 cm 0 0 m 34.016 0 l S Q BT /GS1 gs 10 0 0 10 354.3307 294.4991 Tm ( )Tj ET /GS0 gs q 1 0 0 1 399.6851 293.4791 cm 0 0 m 34.016 0 l S Q BT /GS1 gs 10 0 0 10 396.8505 294.4991 Tm ( )Tj ET /GS0 gs q 1 0 0 1 442.2048 293.4791 cm 0 0 m 34.016 0 l S Q BT /GS1 gs 10 0 0 10 439.3701 294.4991 Tm ( )Tj ET /GS0 gs q 1 0 0 1 484.7245 293.4791 cm 0 0 m 34.016 0 l S Q BT /GS1 gs 10 0 0 10 481.8898 294.4991 Tm ( )Tj 0.028 Tc -0.028 Tw 6 0 0 10 232.0969 266.4991 Tm (89,747,469)Tj 6.503 0 Td (100,740,138)Tj 9.728 0 Td (67,833)Tj 5.029 0 Td (49,474,084)Tj 7.67 0 Td (6,894,802)Tj 6.503 0 Td (26,168,305)Tj 7.087 0 Td (18,135,114)Tj ET 2.5 w /GS0 gs q 1 0 0 1 229.6064 261.3156 cm 0 0 m 34.016 0 l S Q 0.835 w q 1 0 0 1 229.6064 257.9831 cm 0 0 m 34.016 0 l S Q BT /GS1 gs 0 Tc 0 Tw 10 0 0 10 226.7717 258.8355 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 272.126 261.3156 cm 0 0 m 34.016 0 l S Q 0.835 w q 1 0 0 1 272.126 257.9831 cm 0 0 m 34.016 0 l S Q BT /GS1 gs 10 0 0 10 269.2914 258.8355 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 314.6457 261.3156 cm 0 0 m 34.016 0 l S Q 0.835 w q 1 0 0 1 314.6457 257.9831 cm 0 0 m 34.016 0 l S Q BT /GS1 gs 10 0 0 10 311.8111 258.8355 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 357.1654 261.3156 cm 0 0 m 34.016 0 l S Q 0.835 w q 1 0 0 1 357.1654 257.9831 cm 0 0 m 34.016 0 l S Q BT /GS1 gs 10 0 0 10 354.3307 258.8355 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 399.6851 261.3156 cm 0 0 m 34.016 0 l S Q 0.835 w q 1 0 0 1 399.6851 257.9831 cm 0 0 m 34.016 0 l S Q BT /GS1 gs 10 0 0 10 396.8505 258.8355 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 442.2048 261.3156 cm 0 0 m 34.016 0 l S Q 0.835 w q 1 0 0 1 442.2048 257.9831 cm 0 0 m 34.016 0 l S Q BT /GS1 gs 10 0 0 10 439.3701 258.8355 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 484.7245 261.3156 cm 0 0 m 34.016 0 l S Q 0.835 w q 1 0 0 1 484.7245 257.9831 cm 0 0 m 34.016 0 l S Q BT /GS1 gs 10 0 0 10 481.8898 258.8355 Tm ( )Tj 0 0 0 0.8 k /GS0 gs /T1_1 1 Tf 0.028 Tc 11.5 0 0 11.5 99.2127 226.2325 Tm [(\(d\) )-798.5 (Interest rate risk)]TJ 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.068 Tc 0.078 Tw 10.5 0 0 10.5 127.5591 194.2326 Tm [(The)14.1 ( Group)14 (\222)14.1 (s)14.1 ( interest)14 ( rate)14.1 ( risk)14.1 ( arises)14 ( primarily)14.1 ( from)14.1 ( long)14.1 (-)14.1 (term)14 ( borrowings)14 (.)40.3 ( )]TJ 0.028 Tc 0.033 Tw 0 -1.524 TD [(Borrowings )0.5 (issued )0.5 (at )0.6 (variable )0.6 (rates )0.6 (expose )0.5 (the )0.6 (Group )0.5 (to )0.5 (cash )0.6 (flow )0.5 (interest )0.6 (rate )]TJ -0.028 Tw T* (risk.)Tj 0.046 Tc 0.078 Tw 0 -3.048 TD [(The)13.9 ( Group)13.8 ( regularly)13.9 ( reviews)13.8 ( and)13.9 ( monitors)13.8 ( the)13.8 ( mix)13.9 ( of)13.9 ( fixed)13.9 ( and)13.9 ( variable)13.8 ( rate)18.3 ( )]TJ 0.028 Tc 0.052 Tw 0 -1.524 TD [(borrowings )0.5 (in )0.5 (order )0.5 (to )0.5 (manage )0.5 (its )0.5 (interest rate )0.5 (risk. )0.5 (During )0.5 (the )0.5 (years )0.5 (ended )0.5 (31 )]TJ 0.023 Tw T* [(December )0.6 (2018 )0.5 (and )0.5 (2017, )0.5 (however, )0.5 (except )0.5 (for )0.5 (the )0.5 (interest )0.5 (rate )0.5 (swap )0.6 (contracts )]TJ 0 Tw T* [(e)0.5 (n)0.6 (t)0.5 (e)0.6 (r)0.5 (e)0.5 (d)0.6 ( )0.5 (i)0.6 (n)0.5 (t)0.6 (o)0.5 ( )0.5 (a)0.6 (s)0.5 ( )0.5 (s)0.6 (t)0.5 (a)0.5 (t)0.6 (e)0.5 (d)0.6 ( )0.5 (i)0.6 (n)0.5 ( )0.5 (n)0.6 (o)0.5 (t)0.6 (e)0.5 ( )0.5 (3)0.6 (0)0.5 (\()0.6 (i)0.5 (i)0.6 (i)0.5 (\))0.6 (,)0.5 ( )0.5 (m)0.6 (a)0.5 (n)0.6 (a)0.5 (g)0.5 (e)0.6 (m)0.5 (e)0.6 (n)0.5 (t)0.5 ( )0.6 (o)0.5 (f)0.6 ( )0.5 (t)0.5 (h)0.6 (e)0.5 ( )0.5 (G)0.6 (r)0.5 (o)0.6 (u)0.5 (p)0.6 ( )0.5 (d)0.5 (i)0.6 (d)0.5 ( )0.6 (n)0.5 (o)0.5 (t)0.6 ( )0.5 (c)0.6 (o)0.5 (n)0.5 (s)0.6 (i)0.5 (d)0.6 (e)0.5 (r )]TJ 0.033 Tc 0.087 Tw T* [(it)5.2 ( )0.5 (necessary)5.2 ( )0.5 (to)5.2 ( )0.5 (use)5.2 ( )0.5 (interest)5.3 ( rate)5.2 ( )0.5 (swaps)5.2 ( )0.5 (to)5.2 ( )0.5 (hedge)5.2 ( )0.5 (the)5.2 ( )0.5 (exposure)5.2 ( )0.5 (to)5.2 ( )0.5 (interest)5.2 ( )0.5 (rate)5.2 ( )]TJ 0.028 Tc -0.028 Tw T* (risk.)Tj ET endstreamendobj400 0 obj<>endobj397 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 37.6388 33.8036 Tm (350)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0.077 Tc 0.078 Tw 14 0 0 14 70.8661 670.2631 Tm [(3)49.2 (7)49.2 ( )-424.2 (FINANCIAL)13.6 ( RISK)13.6 ( MANAGEMENT)13.6 ( AND)13.7 ( FAIR)13.6 ( VALUES)13.6 ( OF)49.2 ( )]TJ 0.028 Tc 0 Tw 2.025 -1.357 Td (FINANCIAL INSTRUMENTS)Tj ( \(Continued\))Tj 0 0 0 0.8 k 11.5 0 0 11.5 99.2126 617.2631 Tm [(\(c\) )-853.5 (Liquidity risk)]TJ 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.045 Tw 10.5 0 0 10.5 127.559 585.2631 Tm (The Group\222s objective is to ensure continuity of sufficient funding a\nd flexibility )Tj 0.082 Tc 0.078 Tw 0 -1.524 TD [(by)14.1 ( utilising)14.1 ( a)14.1 ( variety)14.1 ( of)14.1 ( bank)14.1 ( and)14.2 ( other)14.1 ( borrowings)14.2 ( with)14.1 ( debt)14.2 ( maturities)54.2 ( )]TJ 0.095 Tc T* [(spreading)14.1 ( over)14.1 ( a)14.1 ( range)14.1 ( of)14 ( periods)14.1 (,)14.1 ( thereby)14.1 ( ensuring)14.1 ( that)14 ( the)14.1 ( Group)14.1 (\222)14 (s)67.2 ( )]TJ 0.028 Tc 0.031 Tw T* (outstanding borrowing obligation is not exposed to excessive repayment r\isk in )Tj 0 Tw T* (any one year.)Tj 0.048 Tw 0 -3.048 TD (The Company is responsible for the Group\222s overall cash management an\d the )Tj 0.091 Tw 0 -1.524 TD (raising of borrowings to cover expected cash demands. The Group\222s pol\icy is )Tj 0.027 Tc 0 Tw T* [(to regularly monitor current and expected liquidity requirements to ensu\re that it)-0.8 ( )]TJ 0.028 Tc 0.078 Tw T* (maintains sufficient reserves of cash and adequate committed lines of fu\nding )Tj 0.041 Tc 0.079 Tw T* [(from)13.3 ( major)13.2 ( )0.5 (financial)13.2 ( )0.5 (institutions)13.2 ( )0.5 (to)13.2 ( )0.5 (meet)13.2 ( its)13.2 ( )0.5 (liquidity)13.2 ( )0.5 (requirements)13.2 ( in)13.2 ( the)13.2 ( )0.5 (short)13.2 ( )]TJ 0.039 Tc 0.081 Tw 0 -1.524 TD [(and)11.2 ( )0.5 (longer)11.2 ( )0.5 (term)11.2 (.)11.2 ( As)11.2 ( at)11.2 ( )0.5 (3)11.2 (1)11.2 ( )0.5 (December)11.2 ( )0.5 (2)11.2 (0)11.2 (1)11.2 (8)11.2 (,)11.2 ( )0.5 (the)11.2 ( )0.5 (Group)11.3 ( has)11.2 ( unutilised)11.2 ( )0.5 (banking)11.3 ( )]TJ 0.069 Tc 0.078 Tw 0 -1.524 TD [(facilities)13.6 ( of)13.5 ( RMB)13.6 (1)13.6 (4)13.5 (,)13.6 (5)13.6 (2)13.6 (5)13.5 (,)13.6 (6)13.6 (7)13.5 (7)13.6 (,)13.6 (0)13.5 (0)13.6 (0)13.6 (.)13.5 ( The)13.6 ( Group)13.6 ( also)13.6 ( signed)13.6 ( several)13.5 ( strategic)41.2 ( )]TJ 0.068 Tc 0.077 Tw T* [(cooperative)14.3 ( framework)14.3 ( agr)0.5 (eements)14.2 ( with)14.3 ( PRC)14.3 ( banks)14.3 ( wit)0.5 (h)14.3 ( unutilised)14.3 ( credit)40.2 ( )]TJ 0.035 Tc 0.091 Tw T* [(l)-13.6 (i)-13.5 (n)-13.6 (e)-13.5 (s o)-13.5 (f R)-13.6 (M)-13.5 (B215,028,320,000 a)-13.6 (s a)-13.6 (t 19 M)-13.5 (a)-13.6 (r)-13.5 (c)-13.6 (h 2019. T)-13.5 (h)-13.6 (e G)-13.5 (r)-13.6 (o)-13.5 (u)-13.6 (p m)-13.6 (a)-13.5 (n)-13.6 (a)-13.6 (g)-13.5 (e)-13.6 (s t)-13.5 (h)-13.6 (e)7.2 ( )]TJ 0.028 Tc 0.092 Tw T* [(proportion )0.5 (of )0.5 (its current )0.5 (liabilities with )0.5 (respect )0.5 (to )0.5 (the )0.5 (total liabilities to mitigate )]TJ 0 Tw T* (the liquidity risk.)Tj 0.043 Tc 0.078 Tw 0 -3.048 TD [(The)14 ( following)14 ( table)14.1 ( details)14.1 ( the)14 ( remaining)14 ( contractual)14.1 ( maturities)14 ( at)14 ( the)14 ( end)14 ( of)15.2 ( )]TJ 0.054 Tc 0 -1.524 TD [(the)13.6 ( reporting)13.7 ( period)13.6 ( of)13.7 ( the)13.6 ( Group)13.6 (\222)13.7 (s)13.6 ( financial)13.7 ( liabilities)13.6 (,)13.7 ( which)13.7 ( are)13.7 ( based)13.7 ( on)26.2 ( )]TJ 0.044 Tc T* [(contractual)13.7 ( undiscounted)13.8 ( cash)13.7 ( flows)13.7 ( \()13.7 (including)13.8 ( interest)13.7 ( payments)13.7 ( computed)16.2 ( )]TJ 0.028 Tc 0.091 Tw T* (using contractual rates or, if floating, based on rates current at the e\nd of the )Tj 0 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297.6378 412.5853 cm 0 0 m 56.693 0 l S Q BT 7.875 0 0 10.5 343.8451 413.4188 Tm ( )Tj ET q 1 0 0 1 354.3307 412.5853 cm 0 0 m 56.693 0 l S Q BT 7.875 0 0 10.5 400.5381 413.4188 Tm ( )Tj ET q 1 0 0 1 411.0237 412.5853 cm 0 0 m 56.693 0 l S Q BT 7.875 0 0 10.5 457.231 413.4188 Tm ( )Tj ET q 1 0 0 1 467.7166 412.5853 cm 0 0 m 56.693 0 l S Q BT 7.875 0 0 10.5 513.9239 413.4188 Tm ( )Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.028 Tc -49.062 -2.952 Td (Trade and bills receivables*)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 17.097 0 Td (747,833)Tj 0 Tc 0 Tw 10.424 0 Td (\226)Tj 7.199 0 Td (\226)Tj 0.028 Tc -0.028 Tw 3.085 0 Td (9,793,691)Tj 6.615 0 Td (10,541,524)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0 Tw -44.42 -1.476 Td (Financial assets included in )Tj 1.332 -1.476 Td (prepayments and other )Tj 0 -1.476 TD (current assets)Tj T* (\226 Normal**)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 14.875 0 Td (1,095,377)Tj 0 Tc 0 Tw 11.313 0 Td (\226)Tj 7.199 0 Td (\226)Tj 7.199 0 Td (\226)Tj 0.028 Tc -0.028 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(633,050 )Tj 0 Tc 0 Tw 10.424 0 Td (\226)Tj 7.199 0 Td (\226)Tj 7.199 0 Td (\226)Tj 0.028 Tc -0.028 Tw 3.974 0 Td (633,050)Tj ET 0.5 w q 1 0 0 1 246.6143 238.8262 cm 0 0 m 45.354 0 l S Q BT 0 Tc 0 Tw 10.5 0 0 10.5 240.945 239.9097 Tm ( )Tj ET q 1 0 0 1 303.3072 238.8262 cm 0 0 m 45.354 0 l S Q BT 10.5 0 0 10.5 297.6379 239.9097 Tm ( )Tj ET q 1 0 0 1 360.0001 238.8262 cm 0 0 m 45.354 0 l S Q BT 10.5 0 0 10.5 354.3308 239.9097 Tm ( )Tj ET q 1 0 0 1 416.693 238.8262 cm 0 0 m 45.354 0 l S Q BT 10.5 0 0 10.5 411.0237 239.9097 Tm ( )Tj ET q 1 0 0 1 473.3859 238.8262 cm 0 0 m 45.354 0 l S Q BT 10.5 0 0 10.5 467.7166 239.9097 Tm ( )Tj 0.028 Tc -0.028 Tw 7.875 0 0 10.5 255.1893 208.9097 Tm (5,590,611)Tj 0 Tc 0 Tw 11.313 0 Td (\226)Tj 0.028 Tc -0.028 Tw 3.974 0 Td (283,646)Tj 6.309 0 Td (9,793,691)Tj 6.615 0 Td (15,667,948)Tj ET 2.5 w q 1 0 0 1 246.6143 203.6627 cm 0 0 m 45.354 0 l S Q 0.835 w q 1 0 0 1 246.6143 200.3302 cm 0 0 m 45.354 0 l S Q BT 0 Tc 0 Tw 10.5 0 0 10.5 240.945 201.2462 Tm ( )Tj ET 2.5 w q 1 0 0 1 303.3072 203.6627 cm 0 0 m 45.354 0 l S Q 0.835 w q 1 0 0 1 303.3072 200.3302 cm 0 0 m 45.354 0 l S Q BT 10.5 0 0 10.5 297.6379 201.2462 Tm ( )Tj ET 2.5 w q 1 0 0 1 360.0001 203.6627 cm 0 0 m 45.354 0 l S Q 0.835 w q 1 0 0 1 360.0001 200.3302 cm 0 0 m 45.354 0 l S Q BT 10.5 0 0 10.5 354.3308 201.2462 Tm ( )Tj ET 2.5 w q 1 0 0 1 416.693 203.6627 cm 0 0 m 45.354 0 l S Q 0.835 w q 1 0 0 1 416.693 200.3302 cm 0 0 m 45.354 0 l S Q BT 10.5 0 0 10.5 411.0237 201.2462 Tm ( )Tj ET 2.5 w q 1 0 0 1 473.3859 203.6627 cm 0 0 m 45.354 0 l S Q 0.835 w q 1 0 0 1 473.3859 200.3302 cm 0 0 m 45.354 0 l S Q BT 10.5 0 0 10.5 467.7166 201.2462 Tm ( )Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.072 Tc 0.078 Tw 9.5 0 0 9.5 127.5591 175.0797 Tm [(*)44.2 ( )-2139 (For)14.2 ( trade)14.1 ( receivables)14.1 ( included)14.2 ( in)14.1 ( trade)14.2 ( and)14.1 ( bills)14.1 ( receivables)14.1 (,)14.1 ( to)14.1 ( which)14.2 ( the)44.2 ( )]TJ 0.03 Tc 0.09 Tw 2.984 -1.316 Td [(Group)2.2 ( applies)2.2 ( )0.5 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0.036 Tc 0.084 Tw 0 -2.952 TD [(The)8.3 ( receivables)8.2 ( )0.5 (from)8.2 ( the)8.2 ( sale)8.2 ( )0.5 (of)8.2 ( electricity)8.2 ( mainly)8.2 ( represent)8.2 ( receivables)8.2 ( )0.5 (from)8.2 ( )]TJ 0.032 Tc 0.088 Tw 0 -1.476 TD [(the)4.2 ( )0.5 (provincial)4.2 ( )0.5 (power)4.2 ( grid)4.2 ( companies)4.2 (.)4.2 ( The)4.2 ( Group)4.2 ( )0.5 (has)4.2 ( )0.5 (no)4.2 ( )0.5 (significant)4.2 ( credit)4.2 ( )0.5 (risk)4.2 ( )]TJ 0.058 Tc 0.078 Tw T* [(with)13.7 ( any)13.7 ( of)13.7 ( these)13.7 ( power)13.7 ( grid)13.7 ( companies)13.7 ( as)13.7 ( the)13.8 ( Group)13.8 ( and)13.7 ( its)13.7 ( subsidiaries)30.2 ( )]TJ 0.048 Tc 0.077 Tw T* [(maintain)14.2 ( long)14.2 (-)14.2 (term)14.2 ( and)14.2 ( stable)14.3 ( )-0.6 (business)14.2 ( relationships)14.2 ( )-0.6 (with)14.2 ( these)14.2 ( companies)14.2 (.)20.2 ( )]TJ 0.028 Tc 0.078 Tw T* (The receivables from the provincial power grid companies were accounted \for )Tj 0.006 Tw T* (as 90% of the Group\222s total trade and bills receivables as at 31 Dece\mber 2018 )Tj 0 Tw 0 -1.476 TD (\(2017: 91%\).)Tj 0.062 Tc 0.078 Tw 0 -2.952 TD [(For)14.2 ( )0.5 (other)14.2 ( )0.5 (trade)14.2 ( receivables)14.2 ( )0.5 (and)14.2 ( )0.5 (other)14.2 ( receivables)14.2 (,)14.2 ( the)14.3 ( Group)14.2 ( performs)14.2 ( )0.5 (an)34.2 ( )]TJ 0.067 Tc 0 -1.476 TD [(ongoing)13.6 ( individual)13.7 ( credit)13.6 ( evaluation)13.6 ( of)13.6 ( its)13.6 ( customers)13.6 (\222)13.6 ( and)13.6 ( counterparties)13.6 (\222)39.2 ( )]TJ 0.044 Tc T* [(financial)13.9 ( conditions)13.9 (.)13.9 ( The)13.9 ( allowance)13.9 ( for)13.9 ( doubtful)13.9 ( debts)13.9 ( has)13.9 ( been)13.9 ( made)13.9 ( in)13.9 ( the)16.2 ( )]TJ 0.028 Tc 0 Tw T* (financial statements.)Tj ET endstreamendobj437 0 obj<>endobj434 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 37.6388 33.8036 Tm (346)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0.077 Tc 0.078 Tw 14 0 0 14 70.8661 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127.5591 453.7552 Tm ( )Tj ET /GS0 gs q 1 0 0 1 311.811 452.9217 cm 0 0 m 70.866 0 l S Q BT /GS1 gs 8.4 0 0 10.5 377.5398 453.7552 Tm ( )Tj ET /GS0 gs q 1 0 0 1 382.6772 452.9217 cm 0 0 m 70.866 0 l S Q BT /GS1 gs 8.4 0 0 10.5 448.4059 453.7552 Tm ( )Tj ET /GS0 gs q 1 0 0 1 453.5433 452.9217 cm 0 0 m 70.866 0 l S Q BT /GS1 gs 8.4 0 0 10.5 519.272 453.7552 Tm ( )Tj 0.028 Tc -0.028 Tw -46.632 -3.048 Td (Current)Tj 0 Tw 0 -1.524 TD (Interest-bearing loans and other borrowings)Tj 0 Tc 29.196 0 Td (\226)Tj 0.028 Tc -0.028 Tw 3.682 0 Td (35,774,163)Tj 8.436 0 Td (35,774,163)Tj 0 Tw -41.315 -1.524 Td (Trade and bills payables)Tj 0 Tc 29.196 0 Td (\226)Tj 0.028 Tc -0.028 Tw 4.266 0 Td (1,890,907)Tj 8.436 0 Td (1,890,907)Tj 0 Tw -41.899 -1.524 Td (Financial liabilities in other current liabilities)Tj -0.028 Tw 25.916 0 Td (110,375)Tj 7.547 0 Td (7,638,220)Tj 8.436 0 Td (7,748,595)Tj ET 0.5 w /GS0 gs q 1 0 0 1 317.4804 369.6626 cm 0 0 m 59.528 0 l S Q BT /GS1 gs 0 Tc 0 Tw 10.5 0 0 10.5 311.8111 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0 0 10.5 345.2494 185.719 Tm (110,375)Tj 6.963 0 Td (88,299,597)Tj 8.436 0 Td (88,409,972)Tj ET 2.5 w /GS0 gs q 1 0 0 1 317.4804 180.4719 cm 0 0 m 59.528 0 l S Q 0.835 w q 1 0 0 1 317.4804 177.1394 cm 0 0 m 59.528 0 l S Q BT /GS1 gs 0 Tc 0 Tw 10.5 0 0 10.5 311.8111 178.0554 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 388.3465 180.4719 cm 0 0 m 59.528 0 l S Q 0.835 w q 1 0 0 1 388.3466 177.1394 cm 0 0 m 59.528 0 l S Q BT /GS1 gs 10.5 0 0 10.5 382.6772 178.0554 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 459.2127 180.4719 cm 0 0 m 59.528 0 l S Q 0.835 w q 1 0 0 1 459.2127 177.1394 cm 0 0 m 59.528 0 l S Q BT /GS1 gs 10.5 0 0 10.5 453.5434 178.0554 Tm ( )Tj ET endstreamendobj435 0 obj<>endobj432 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 536.9537 33.8036 Tm (345)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0.077 Tc 0.078 Tw 14 0 0 14 70.8661 670.2631 Tm [(3)49.2 (7)49.2 ( )-424.2 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8.4 0 0 10.5 127.5591 453.7552 Tm ( )Tj ET /GS0 gs q 1 0 0 1 240.9449 452.9217 cm 0 0 m 70.866 0 l S Q BT /GS1 gs 8.4 0 0 10.5 306.6736 453.7552 Tm ( )Tj ET /GS0 gs q 1 0 0 1 311.8111 452.9217 cm 0 0 m 70.866 0 l S Q BT /GS1 gs 8.4 0 0 10.5 377.5398 453.7552 Tm ( )Tj ET /GS0 gs q 1 0 0 1 382.6772 452.9217 cm 0 0 m 70.866 0 l S Q BT /GS1 gs 8.4 0 0 10.5 448.4059 453.7552 Tm ( )Tj ET /GS0 gs q 1 0 0 1 453.5433 452.9217 cm 0 0 m 70.866 0 l S Q BT /GS1 gs 8.4 0 0 10.5 519.272 453.7552 Tm ( )Tj 0.028 Tc -0.028 Tw -46.632 -3.048 Td (Current)Tj 0 Tw 0 -1.524 TD (Trade and bills receivables)Tj 0 Tc 20.76 0 Td (\226)Tj 0.028 Tc -0.028 Tw 4.266 0 Td (7,154,516)Tj 0 Tc 0 Tw 12.607 0 Td (\226)Tj 0.028 Tc -0.028 Tw 4.266 0 Td (7,154,516)Tj 0 Tw -41.899 -1.524 Td (Financial assets included )Tj 0 Tc 8.4 0 0 10.5 231.2039 389.7552 Tm ( )Tj 0.028 Tc 8.4 0 0 10.5 136.0631 373.7552 Tm (in other current assets)Tj 0 Tc 19.747 0 Td (\226)Tj 0.028 Tc -0.028 Tw 4.266 0 Td (1,729,278)Tj 0 Tc 0 Tw 12.607 0 Td 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1 382.6771 381.9217 cm 0 0 m 70.866 0 l S Q BT 8.4 0 0 10.5 448.4059 382.7552 Tm ( )Tj ET q 1 0 0 1 453.5433 381.9217 cm 0 0 m 70.866 0 l S Q BT 8.4 0 0 10.5 519.272 382.7552 Tm ( )Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.028 Tc -0.028 Tw -46.633 -2.952 Td (Current)Tj 0 Tw 0 -1.476 TD (Trade and bills receivables)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 0 Tc 20.704 0 Td (\226)Tj 0.028 Tc -0.028 Tw 3.738 0 Td (10,399,498)Tj 9.91 0 Td (142,026)Tj 6.963 0 Td (10,541,524)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0 Tw -41.315 -1.476 Td (Financial assets included )Tj 0 Tc 8.4 0 0 10.5 231.2038 320.7552 Tm ( )Tj 0.028 Tc 8.4 0 0 10.5 136.0629 305.2552 Tm (in other current assets)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 0 Tc 19.691 0 Td (\226)Tj 8.436 0 Td (\226)Tj 0.028 Tc -0.028 Tw 4.322 0 Td (1,095,377)Tj 8.436 0 Td (1,095,377)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0 Tw -41.899 -1.476 Td (Other financial assets)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 18.063 0 Td (82,440)Tj 0 Tc 0 Tw 11.077 0 Td (\226)Tj 0.028 Tc 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cs 1 scn /GS0 gs /T1_1 1 Tf 0.028 Tc -0.028 Tw 8.4 0 0 10.5 279.287 224.7461 Tm (82,440)Tj 6.379 0 Td (10,399,498)Tj 9.02 0 Td (4,518,394)Tj 7.853 0 Td (15,000,332)Tj ET q 1 0 0 1 246.6142 220.6536 cm 0 0 m 59.528 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0 Tc 0 Tw 10.5 0 0 10.5 240.9449 221.7371 Tm ( )Tj ET /GS0 gs q 1 0 0 1 317.4803 220.6536 cm 0 0 m 59.528 0 l S Q BT /GS1 gs 10.5 0 0 10.5 311.811 221.7371 Tm ( )Tj ET /GS0 gs q 1 0 0 1 388.3464 220.6536 cm 0 0 m 59.528 0 l S Q BT /GS1 gs 10.5 0 0 10.5 382.6771 221.7371 Tm ( )Tj ET /GS0 gs q 1 0 0 1 459.2126 220.6536 cm 0 0 m 59.528 0 l S Q BT /GS1 gs 10.5 0 0 10.5 453.5433 221.7371 Tm ( )Tj 0.028 Tc -0.028 Tw 8.4 0 0 10.5 127.559 190.7371 Tm (Non-current)Tj 0 Tw T* (Financial assets included )Tj 0 Tc 8.4 0 0 10.5 231.2038 175.2371 Tm ( )Tj 0.028 Tc 8.4 0 0 10.5 136.0629 159.7371 Tm (in other assets)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 0 Tc 19.691 0 Td (\226)Tj 0.028 Tc -0.028 Tw 5.212 0 Td (870,756)Tj 8.436 0 Td (633,050)Tj 7.547 0 Td (1,503,806)Tj ET q 1 0 0 1 246.6141 155.6445 cm 0 0 m 59.528 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0 Tc 0 Tw 10.5 0 0 10.5 240.9448 156.728 Tm ( )Tj ET /GS0 gs q 1 0 0 1 317.4802 155.6445 cm 0 0 m 59.528 0 l S Q BT /GS1 gs 10.5 0 0 10.5 311.8109 156.728 Tm ( )Tj ET /GS0 gs q 1 0 0 1 388.3463 155.6445 cm 0 0 m 59.528 0 l S Q BT /GS1 gs 10.5 0 0 10.5 382.6771 156.728 Tm ( )Tj ET /GS0 gs q 1 0 0 1 459.2125 155.6445 cm 0 0 m 59.528 0 l S Q BT /GS1 gs 10.5 0 0 10.5 453.5432 156.728 Tm ( )Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 8.4 0 0 10.5 301.4713 125.728 Tm (\226)Tj 0.028 Tc -0.028 Tw 5.212 0 Td (870,756)Tj 8.436 0 Td (633,050)Tj 7.547 0 Td (1,503,806)Tj ET q 1 0 0 1 246.6141 121.6355 cm 0 0 m 59.528 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0 Tc 0 Tw 10.5 0 0 10.5 240.9448 122.7189 Tm ( )Tj ET /GS0 gs q 1 0 0 1 317.4802 121.6355 cm 0 0 m 59.528 0 l S Q BT /GS1 gs 10.5 0 0 10.5 311.8109 122.7189 Tm ( )Tj ET /GS0 gs q 1 0 0 1 388.3463 121.6355 cm 0 0 m 59.528 0 l S Q BT /GS1 gs 10.5 0 0 10.5 382.6771 122.7189 Tm ( )Tj ET /GS0 gs q 1 0 0 1 459.2125 121.6355 cm 0 0 m 59.528 0 l S Q BT /GS1 gs 10.5 0 0 10.5 453.5432 122.7189 Tm ( )Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 0.028 Tc -0.028 Tw 8.4 0 0 10.5 279.287 91.719 Tm (82,440)Tj 6.379 0 Td (11,270,254)Tj 9.02 0 Td (5,151,444)Tj 7.853 0 Td (16,504,138)Tj ET 2.5 w q 1 0 0 1 246.6142 86.4719 cm 0 0 m 59.528 0 l S Q 0.835 w q 1 0 0 1 246.6142 83.1394 cm 0 0 m 59.528 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0 Tc 0 Tw 10.5 0 0 10.5 240.9449 84.0554 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 317.4803 86.4719 cm 0 0 m 59.528 0 l S Q 0.835 w q 1 0 0 1 317.4803 83.1394 cm 0 0 m 59.528 0 l S Q BT /GS1 gs 10.5 0 0 10.5 311.811 84.0554 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 388.3464 86.4719 cm 0 0 m 59.528 0 l S Q 0.835 w q 1 0 0 1 388.3464 83.1394 cm 0 0 m 59.528 0 l S Q BT /GS1 gs 10.5 0 0 10.5 382.6771 84.0554 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 459.2126 86.4719 cm 0 0 m 59.528 0 l S Q 0.835 w q 1 0 0 1 459.2126 83.1394 cm 0 0 m 59.528 0 l S Q BT /GS1 gs 10.5 0 0 10.5 453.5433 84.0554 Tm ( )Tj ET endstreamendobj449 0 obj<>endobj450 0 obj<>/ExtGState<>/Font<>/ProcSet[/PDF/Text]>>/Subtype/Form>>stream BT 0 0 0 1 k /Perceptual ri /GS0 gs /T1_0 1 Tf -0.012 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9.5 0 2.5455 9.5 74.6299 714.3511 Tm (FOR THE YEAR ENDED 31 DECEMBER 2018 \(Expressed in thousands of Renminbi\ unless otherwise stated\))Tj /CS0 cs 0.3 1 scn /GS1 gs /T1_1 1 Tf 0.028 Tc 18.8 0 0 20 129.5846 729.9951 Tm (NOTES TO THE FINANCIAL STATEMENTS)Tj ET endstreamendobj453 0 obj<>endobj454 0 obj<>endobj446 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 37.6388 33.8036 Tm (342)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0 Tw 14 0 0 14 70.8661 670.2631 Tm [(36 )-551.2 (CAPITAL, RESERVES AND DIVIDENDS \(Continued\))]TJ 0 0 0 0.8 k 11.5 0 0 11.5 99.2126 636.2631 Tm [(\(f\) )-1076.5 (Capital management)]TJ 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.061 Tc 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The net gearing ratio of the Group as at 31 December 2018 was 56\.2% )Tj 0 Tw T* (\(2017: 57.7%\).)Tj 0.074 Tc 0.078 Tw 0 -3.048 TD [(There)13.8 ( were)13.7 ( no)13.8 ( changes)13.7 ( in)13.8 ( the)13.8 ( Group)13.8 (\222)13.8 (s)13.8 ( approach)13.7 ( to)13.7 ( capital)13.8 ( management)46.2 ( )]TJ 0.028 Tc 0.041 Tw 0 -1.524 TD (compared with previous years. Neither the Company nor any of its subsidi\aries )Tj 0 Tw T* (are subject to externally imposed capital requirements.)Tj ET endstreamendobj447 0 obj<>endobj444 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 536.9537 33.8036 Tm (341)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0 Tw 14 0 0 14 70.8661 670.2631 Tm [(36 )-551.2 (CAPITAL, RESERVES AND DIVIDENDS \(Continued\))]TJ 0 0 0 0.8 k 11.5 0 0 11.5 99.2126 636.2631 Tm [(\(d\) )-798.5 (Nature and purpose of reserves \(Continued\))]TJ 0 0 0 1 k /GS1 gs 10.5 0 0 10.5 127.5591 604.2631 Tm [(\(iii\) )-754.7 (Exchange reserve)]TJ /T1_2 1 Tf 0.031 Tw 2.7 -3.048 Td (The exchange reserve comprises all foreign exchange differences arising \)Tj 0.049 Tc 0.077 Tw 0 -1.524 TD [(f)0.5 (r)0.6 (o)0.5 (m)14.5 ( t)0.5 (h)0.6 (e)14.4 ( t)0.5 (r)0.6 (a)0.5 (n)0.6 (s)0.5 (l)0.5 (a)0.6 (t)0.5 (i)0.6 (o)0.5 (n)14.5 ( o)0.5 (f)14.4 ( t)0.5 (h)0.5 (e)14.5 ( f)0.5 (i)0.6 (n)0.5 (a)0.5 (n)0.6 (c)0.5 (i)0.6 (a)0.5 (l)14.5 ( s)0.5 (t)0.5 (a)0.6 (t)0.5 (e)0.6 (m)0.5 (e)0.6 (n)0.5 (t)0.5 (s)14.5 ( o)0.5 (f)14.5 ( o)0.6 (p)0.5 (e)0.6 (r)0.5 (a)0.6 (t)0.5 (i)0.6 (o)0.5 (n)0.5 (s)14.5 ( t)0.5 (h)0.6 (a)0.5 (t)14.4 ( h)0.6 (a)0.5 (v)0.6 (e)21.1 ( )]TJ 0.07 Tc 0.078 Tw T* [(functional)13.5 ( currencies)13.5 ( other)13.5 ( than)13.5 ( the)13.5 ( RMB)13.5 ( and)13.5 ( the)13.6 ( foreign)13.5 ( exchange)42.2 ( )]TJ 0.028 Tc 0 Tw T* (differences on the net investment in foreign operations of the Group whi\ch )Tj 0.046 Tc 0.078 Tw T* [(are)14.2 ( dealt)14.2 ( with)14.1 ( )0.5 (in)14.2 ( accordance)14.2 ( with)14.1 ( )0.5 (the)14.1 ( accounting)14.2 ( policies)14.1 ( as)14.1 ( set)14.1 ( out)14.2 ( in)18.2 ( )]TJ 0.028 Tc 0 Tw T* (note 2\(z\).)Tj /T1_1 1 Tf -2.7 -3.048 Td [(\(iv\) )-782.5 (Fair value reserve)]TJ /T1_2 1 Tf 0.048 Tc 0.078 Tw 2.7 -3.048 Td [(The)13.7 ( fair)13.8 ( value)13.7 ( reserve)13.7 ( comprises)13.8 ( the)13.8 ( cumulative)13.7 ( net)13.7 ( change)13.7 ( in)13.7 ( the)13.8 ( fair)20.2 ( )]TJ 0.052 Tc 0.077 Tw T* [(val)0.5 (ue)14.3 ( of)14.4 ( e)0.5 (qui)0.5 (ty)14.3 ( inv)0.5 (estm)0.5 (ent)0.5 (s)14.3 ( a)0.5 (t)14.3 ( fai)0.5 (r)14.3 ( val)0.5 (ue)14.3 ( thr)0.5 (oug)0.5 (h)14.3 ( o)0.5 (ther)14.4 ( comp)0.5 (reh)0.5 (ensi)0.5 (ve)24.2 ( )]TJ 0.043 Tc 0.078 Tw T* [(income)13.5 ( \()13.5 (2)13.5 (0)13.4 (1)13.5 (7)13.5 (:)13.5 ( available)13.4 (-)13.5 (for)13.5 (-)13.4 (sale)13.5 ( securities)13.5 (\))13.5 ( \()13.5 (income)13.5 ( tax)13.5 ( exclusive)13.5 (\))13.5 ( held)15.2 ( )]TJ 0.028 Tc 0.017 Tw T* (at the end of the reporting period and is dealt with in accordance with \the )Tj 0 Tw T* (accounting policies in notes 2\(o\) and 2\(w\).)Tj 0 0 0 0.8 k /GS0 gs /T1_1 1 Tf 11.5 0 0 11.5 99.2126 330.2631 Tm [(\(e\) )-853.5 (Distributability of reserves)]TJ 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.046 Tc 0.078 Tw 10.5 0 0 10.5 127.5591 298.2631 Tm [(According)14.2 ( )0.5 (to)14.2 ( )0.5 (the)14.2 ( )0.5 (Company)14.2 (\222)14.2 (s)14.3 ( Articles)14.2 ( of)14.3 ( Association)14.2 (,)14.2 ( )0.5 (the)14.2 ( )0.5 (distributable)14.2 ( )0.5 (profits)18.2 ( )]TJ 0.028 Tc 0.049 Tw T* (are the lower of the net profit of the year as determined under PRC acco\unting )Tj 0 Tw T* (rules and regulations and the amount determined under IFRSs. At 31 Decem\ber )Tj 0.057 Tc 0.078 Tw T* [(2)14.2 (0)14.1 (1)14.2 (8)14.2 (,)14.1 ( )0.5 (the)14.2 ( aggregate)14.2 ( amount)14.2 ( of)14.2 ( reserves)14.1 ( )0.5 (available)14.2 ( for)14.2 ( distribution)14.2 ( to)14.2 ( equity)29.2 ( )]TJ 0.031 Tc 0.092 Tw T* [(h)-13.6 (o)-13.7 (l)-13.6 (d)-13.6 (e)-13.7 (r)-13.6 (s )0.5 (o)-13.7 (f )0.5 (t)-13.6 (h)-13.6 (e )0.5 (C)-13.6 (o)-13.6 (m)-13.7 (p)-13.6 (a)-13.6 (n)-13.7 (y )0.5 (w)-13.6 (a)-13.7 (s )0.5 (R)-13.6 (M)-13.6 (B10,297,987,000 )0.5 (\(2017: )0.5 (R)-13.6 (M)-13.7 (B8,463,197,000\).)3.2 ( )]TJ 0.039 Tc 0.081 Tw T* [(After)11.2 ( )0.5 (the)11.2 ( end)11.2 ( )0.5 (of)11.2 ( )0.5 (the)11.2 ( reporting)11.2 ( period)11.3 (,)11.2 ( the)11.2 ( )0.5 (directors)11.2 ( )0.5 (proposed)11.2 ( )0.5 (a)11.2 ( final)11.2 ( )0.5 (dividend)11.2 ( )]TJ 0.037 Tc 0.092 Tw T* [(o)-13.9 (f R)-13.9 (M)-13.9 (B0.0977 p)-13.9 (e)-13.9 (r s)-13.9 (h)-13.9 (a)-13.8 (r)-13.9 (e \(2017: R)-13.8 (M)-13.9 (B0.0918\), a)-13.9 (m)-13.9 (o)-13.9 (u)-13.9 (n)-13.8 (t)-13.9 (i)-13.9 (n)-13.9 (g t)-13.9 (o R)-13.8 (M)-13.9 (B785,155,000)9.2 ( )]TJ 0.025 Tc 0 Tw T* [(\(2017: RMB737,741,000\) \(note 36\(b\)\). The dividend has not been rec\ognised as)-2.8 ( )]TJ 0.028 Tc T* (a liability at the end of the reporting period.)Tj ET endstreamendobj445 0 obj<>endobj442 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 37.6388 33.8036 Tm (340)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0 Tw 14 0 0 14 70.8661 670.2631 Tm [(36 )-551.2 (CAPITAL, RESERVES AND DIVIDENDS \(Continued\))]TJ 0 0 0 0.8 k 11.5 0 0 11.5 99.2126 636.2631 Tm [(\(d\) )-798.5 (Nature and purpose of reserves)]TJ 0 0 0 1 k /GS1 gs 10.5 0 0 10.5 127.5591 604.2631 Tm [(\(i\) )-1366.3 (Capital reserve)]TJ /T1_2 1 Tf 2.7 -3.048 Td (The capital reserve includes share premium and other capital reserve.)Tj 0.053 Tc 0.078 Tw 0 -3.048 TD [(Share)13.8 ( premium)13.8 ( represents)13.8 ( the)13.7 ( difference)13.7 ( between)13.7 ( the)13.8 ( total)13.8 ( amount)13.7 ( of)25.2 ( )]TJ 0.042 Tc 0 -1.524 TD [(the)13.9 ( par)13.9 ( value)13.9 ( of)13.8 ( the)13.9 ( shares)13.9 ( issued)13.8 ( and)13.8 ( the)13.8 ( amount)13.9 ( of)13.8 ( the)13.9 ( net)13.9 ( proceeds)14.2 ( )]TJ 0.037 Tc 0.083 Tw T* [(received)9.2 ( )0.5 (from)9.2 ( )0.5 (the)9.2 ( )0.5 (Initial)9.3 ( Public)9.2 ( Offerings)9.2 ( )0.5 (\()9.2 (\223)9.2 (IPO)9.2 (\224)9.2 (\))9.2 ( )0.5 (in)9.2 ( December)9.2 ( 2)9.2 (0)9.2 (0)9.2 (9)9.2 ( )0.5 (and)9.2 ( )]TJ 0.028 Tc 0 Tw T* (the placing of new H shares in December 2012.)Tj 0.043 Tc 0.078 Tw 0 -3.048 TD [(The)14.1 ( other)14.1 ( capital)14.1 ( reserve)14.1 ( mainly)14.1 ( represents)14.2 ( the)14.1 ( difference)14.1 ( between)14.1 ( the)15.2 ( )]TJ 0.028 Tc 0.055 Tw 0 -1.524 TD (total amount of the nominal value of the shares issued and the amount of\ )Tj 0.03 Tc 0.09 Tw 0 -1.524 TD [(the)2.2 ( )0.5 (net)2.2 ( )0.5 (assets)2.2 ( injected)2.2 ( by)2.2 ( CHN)2.2 ( )0.5 (Energy)2.2 ( )0.5 (and)2.2 ( the)2.2 ( cash)2.2 ( injection)2.2 ( in)2.2 ( )0.5 (excess)2.2 ( )]TJ 0.028 Tc 0.002 Tw 0 -1.524 TD (of the nominal value of shares issued to Guodian Northeast Electric Powe\r )Tj 0.03 Tw T* (Co., Ltd. upon the establishment of the Company, and the capital reserve\ )Tj 0.06 Tc 0.078 Tw T* [(as)14.2 ( )0.5 (a)14.2 ( )0.5 (result)14.2 ( )0.5 (of)14.2 ( )0.5 (the)14.2 ( acquisition)14.2 ( )0.5 (of)14.2 ( )0.5 (business)14.2 ( and)14.3 ( business)14.2 ( )0.5 (combinations)32.1 ( )]TJ 0.028 Tc 0 Tw T* (under common control.)Tj /T1_1 1 Tf -2.7 -3.048 Td [(\(ii\) )-1060.5 (Statutory surplus reserve)]TJ /T1_2 1 Tf 0.062 Tc 0.078 Tw 2.7 -3.048 Td [(According)13.6 ( to)13.6 ( the)13.6 ( Company)13.6 (\222)13.6 (s)13.6 ( Articles)13.6 ( of)13.6 ( Association)13.6 (,)13.5 ( the)13.6 ( Company)13.6 ( is)34.2 ( )]TJ 0.051 Tc T* [(required)13.9 ( to)13.9 ( transfer)13.9 ( 1)13.9 (0)13.8 (%)13.9 ( of)13.9 ( its)13.9 ( net)14 ( profit)13.9 ( as)13.9 ( determined)13.9 ( in)13.9 ( accordance)23.1 ( )]TJ 0.043 Tc T* [(with)14.2 ( )0.5 (the)14.2 ( )0.5 (PRC)14.3 ( )0.5 (Accounting)14.2 ( )0.5 (Rules)14.3 ( )0.5 (and)14.3 ( )0.5 (Regulations)14.3 ( )0.5 (to)14.3 ( )0.5 (its)14.2 ( )0.5 (statutory)14.2 ( )0.5 (surplus)15.2 ( )]TJ 0.033 Tc 0.087 Tw T* [(reserve)5.2 ( )0.5 (until)5.2 ( )0.5 (the)5.2 ( )0.5 (reserve)5.2 ( )0.5 (balance)5.2 ( )0.5 (reaches)5.2 ( 5)5.3 (0)5.2 (%)5.2 ( )0.5 (of)5.2 ( )0.5 (the)5.2 ( )0.5 (registered)5.2 ( capital)5.2 (.)5.2 ( )]TJ 0.084 Tc 0.078 Tw T* [(The)14.2 ( )0.6 (transfer)14.2 ( )0.6 (to)14.2 ( )0.6 (this)14.3 ( )0.5 (reserve)14.2 ( )0.5 (must)14.2 ( )0.5 (be)14.2 ( )0.5 (made)14.2 ( )0.6 (before)14.2 ( )0.6 (distribution)14.3 ( )0.5 (of)14.3 ( )0.5 (a)56.2 ( )]TJ 0.047 Tc T* [(dividend)13.8 ( to)13.8 ( equity)13.9 ( holders)13.9 (.)13.8 ( This)13.8 ( reserve)13.8 ( fund)13.8 ( can)13.9 ( be)13.9 ( utilised)13.9 ( in)13.9 ( setting)19.2 ( )]TJ 0.028 Tc 0.068 Tw T* (off accumulated losses or increasing capital of the Company and is non-)Tj 0 Tw T* (distributable other than in liquidation.)Tj ET endstreamendobj443 0 obj<>endobj417 0 obj<>/ExtGState<>/Font<>/ProcSet[/PDF/Text]/XObject<>>>/TrimBox[0.0 0.0 595.276 807.874]/Type/Page>>endobj418 0 obj<>/ExtGState<>/Font<>/ProcSet[/PDF/Text]/XObject<>>>/TrimBox[0.0 0.0 595.276 807.874]/Type/Page>>endobj419 0 obj<>/ExtGState<>/Font<>/ProcSet[/PDF/Text]/XObject<>>>/TrimBox[0.0 0.0 595.276 807.874]/Type/Page>>endobj420 0 obj<>/ExtGState<>/Font<>/ProcSet[/PDF/Text]/XObject<>>>/TrimBox[0.0 0.0 595.276 807.874]/Type/Page>>endobj421 0 obj<>/ExtGState<>/Font<>/ProcSet[/PDF/Text]/XObject<>>>/TrimBox[0.0 0.0 595.276 807.874]/Type/Page>>endobj467 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 536.9537 33.8036 Tm (339)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0 Tw 14 0 0 14 70.8661 670.2631 Tm [(36 )-551.2 (CAPITAL, RESERVES AND DIVIDENDS \(Continued\))]TJ 0 0 0 0.8 k 0.799 Tw 11.5 0 0 11.5 99.2126 636.2631 Tm [(\(b\) )0.5 (Dividends)]TJ ET 0 0 0 0 k 354.331 618.93 85.039 -16 re 354.331 602.93 85.039 -16 re 354.331 586.93 85.039 -4.01 re 354.331 582.92 85.039 -16 re 354.331 566.92 85.039 -48 re 354.331 518.92 85.039 -7.664 re 354.331 511.256 85.039 -3.009 re f BT /CS0 cs 1 scn -0.028 Tw 10.5 0 0 10.5 409.4731 604.2631 Tm (2018)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (2017)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 10.5 0 2.8135 10.5 386.5307 588.2631 Tm (RMB\222000)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.265 0 Td (RMB\222000)Tj ET /CS0 CS 1 SCN /GS0 gs q 1 0 0 1 127.559 583.4199 cm 0 0 m 226.772 0 l S Q BT /GS1 gs 0 Tc 0 Tw 10.5 0 0 10.5 127.559 584.2534 Tm ( )Tj ET /GS0 gs q 1 0 0 1 354.3307 583.4199 cm 0 0 m 85.039 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 10.5 0 2.8135 10.5 354.3307 584.2534 Tm ( )Tj ET q 1 0 0 1 439.3701 583.4199 cm 0 0 m 85.039 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 2.8135 10.5 439.3701 584.2534 Tm ( )Tj 0.028 Tc 10.5 0 0 10.5 127.559 552.2534 Tm (Final dividend proposed after the end of )Tj 0 Tc ( )Tj 0.028 Tc 0.999 -1.524 Td (the reporting period of RMB0.0977 per )Tj 0 Tc ( )Tj 0.028 Tc 0 -1.524 TD (share \(2017: RMB0.0918\))Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 24.377 0 Td (785,155)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (737,741)Tj ET 2.5 w /GS0 gs q 1 0 0 1 360 515.0063 cm 0 0 m 73.701 0 l S Q 0.835 w q 1 0 0 1 360 511.6738 cm 0 0 m 73.701 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tc 0 Tw 10.5 0 0 10.5 354.3307 512.5898 Tm ( )Tj ET 2.5 w q 1 0 0 1 445.0394 515.0062 cm 0 0 m 73.701 0 l S Q 0.835 w q 1 0 0 1 445.0394 511.6738 cm 0 0 m 73.701 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 0 10.5 439.3701 512.5897 Tm ( )Tj 0.044 Tc 0.078 Tw -29.696 -3.207 Td [(The)13.9 ( directors)13.9 ( of)13.8 ( the)13.9 ( Company)13.8 ( resolved)13.9 ( on)13.8 ( 1)13.9 (9)13.8 ( March)13.8 ( 2)13.9 (0)13.9 (1)13.8 (9)13.9 ( that)13.9 ( a)13.9 ( dividend)13.8 ( of)16.2 ( )]TJ 0.028 Tc 0.049 Tw T* [(RMB0.0977 )0.5 (per share is )0.5 (to be )0.5 (distributed to )0.5 (the shareholders for )0.5 (2018, subject )]TJ 0.047 Tc 0.078 Tw T* [(to)13.8 ( approval)13.9 ( of)13.8 ( the)13.9 ( shareholders)13.9 ( at)13.9 ( the)13.9 ( forthcoming)13.9 ( Annual)13.8 ( General)13.9 ( Meeting)13.8 (.)19.2 ( )]TJ 0.028 Tc 0.058 Tw T* (The final dividend proposed after the end of the reporting period has no\t been )Tj 0 Tw T* (recognised as a liability at the end of the reporting period.)Tj 0 0 0 0.8 k /GS0 gs /T1_1 1 Tf 11.5 0 0 11.5 99.2126 380.9141 Tm [(\(c\) )-853.5 (Share capital)]TJ ET 0 0 0 0 k 354.331 363.581 85.039 -16 re 354.331 347.581 85.039 -16 re 354.331 331.581 85.039 -4.01 re 354.331 327.571 85.039 -16 re 354.331 311.571 85.039 -16 re 354.331 295.571 85.039 -16 re 354.331 279.571 85.039 -32 re 354.331 247.571 85.039 -16 re 354.331 231.571 85.039 -3.009 re 354.331 228.562 85.039 -16 re 354.331 212.562 85.039 -16 re 354.331 196.562 85.039 -7.664 re 354.331 188.898 85.039 -3.009 re f BT /CS0 cs 1 scn -0.028 Tw 10.5 0 0 10.5 409.4731 348.9142 Tm (2018)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (2017)Tj /CS0 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dividends)13.7 ( as)13.7 ( declared)13.8 ( from)13.8 ( time)13.7 ( to)27.2 ( )]TJ 0.045 Tc 0 -1.524 TD [(time)13.4 ( and)13.4 ( are)13.4 ( entitled)13.4 ( to)13.5 ( one)13.5 ( vote)13.4 ( per)13.4 ( share)13.4 ( at)13.4 ( shareholders)13.5 (\222)13.5 ( meetings)13.5 ( of)13.5 ( the)17.2 ( )]TJ 0.027 Tc 0 Tw T* (Company. All shares rank equally with regard to the Company\222s residua\l assets.)Tj ET endstreamendobj468 0 obj<>endobj465 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 37.6388 33.8036 Tm (338)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0 Tw 14 0 0 14 70.8661 670.2631 Tm [(36 )-551.2 (CAPITAL, RESERVES AND DIVIDENDS \(Continued\))]TJ 0 0 0 0.8 k 11.5 0 0 11.5 99.2126 636.2631 Tm [(\(a\) )-853.5 (Movements in components of equity \(Continued\))]TJ ET 0 0 0 0 k 206.929 618.93 45.354 -45 re 252.283 618.93 45.354 -45 re 297.638 618.93 45.354 -45 re 342.992 618.93 45.354 -45 re 388.346 618.93 45.354 -45 re 433.701 618.93 45.354 -45 re 479.055 618.93 45.354 -45 re 206.929 573.93 45.354 -15 re 252.283 573.93 45.354 -15 re 297.638 573.93 45.354 -15 re 342.992 573.93 45.354 -15 re 388.346 573.93 45.354 -15 re 433.701 573.93 45.354 -15 re 479.055 573.93 45.354 -15 re 206.929 558.93 45.354 -30 re 252.283 558.93 45.354 -30 re 297.638 558.93 45.354 -30 re 342.992 558.93 45.354 -30 re 388.346 558.93 45.354 -30 re 433.701 558.93 45.354 -30 re 479.055 558.93 45.354 -30 re 206.929 528.93 45.354 -3.508 re 252.283 528.93 45.354 -3.508 re 297.638 528.93 45.354 -3.508 re 342.992 528.93 45.354 -3.508 re 388.346 528.93 45.354 -3.508 re 433.701 528.93 45.354 -3.508 re 479.055 528.93 45.354 -3.508 re 206.929 525.422 45.354 -15 re 252.283 525.422 45.354 -15 re 297.638 525.422 45.354 -15 re 342.992 525.422 45.354 -15 re 388.346 525.422 45.354 -15 re 433.701 525.422 45.354 -15 re 479.055 525.422 45.354 -15 re 206.929 510.422 45.354 -15 re 252.283 510.422 45.354 -15 re 297.638 510.422 45.354 -15 re 342.992 510.422 45.354 -15 re 388.346 510.422 45.354 -15 re 433.701 510.422 45.354 -15 re 479.055 510.422 45.354 -15 re 206.929 495.422 45.354 -75 re 252.283 495.422 45.354 -75 re 297.638 495.422 45.354 -75 re 342.992 495.422 45.354 -75 re 388.346 495.422 45.354 -75 re 433.701 495.422 45.354 -75 re 479.055 495.422 45.354 -75 re 206.929 420.422 45.354 -15 re 252.283 420.422 45.354 -15 re 297.638 420.422 45.354 -15 re 342.992 420.422 45.354 -15 re 388.346 420.422 45.354 -15 re 433.701 420.422 45.354 -15 re 479.055 420.422 45.354 -15 re 206.929 405.422 45.354 -15 re 252.283 405.422 45.354 -15 re 297.638 405.422 45.354 -15 re 342.992 405.422 45.354 -15 re 388.346 405.422 45.354 -15 re 433.701 405.422 45.354 -15 re 479.055 405.422 45.354 -15 re 206.929 390.422 45.354 -15 re 252.283 390.422 45.354 -15 re 297.638 390.422 45.354 -15 re 342.992 390.422 45.354 -15 re 388.346 390.422 45.354 -15 re 433.701 390.422 45.354 -15 re 479.055 390.422 45.354 -15 re 206.929 375.422 45.354 -15 re 252.283 375.422 45.354 -15 re 297.638 375.422 45.354 -15 re 342.992 375.422 45.354 -15 re 388.346 375.422 45.354 -15 re 433.701 375.422 45.354 -15 re 479.055 375.422 45.354 -15 re 206.929 360.422 45.354 -30 re 252.283 360.422 45.354 -30 re 297.638 360.422 45.354 -30 re 342.992 360.422 45.354 -30 re 388.346 360.422 45.354 -30 re 433.701 360.422 45.354 -30 re 479.055 360.422 45.354 -30 re 206.929 330.422 45.354 -3.009 re 252.283 330.422 45.354 -3.009 re 297.638 330.422 45.354 -3.009 re 342.992 330.422 45.354 -3.009 re 388.346 330.422 45.354 -3.009 re 433.701 330.422 45.354 -3.009 re 479.055 330.422 45.354 -3.009 re 206.929 327.413 45.354 -15 re 252.283 327.413 45.354 -15 re 297.638 327.413 45.354 -15 re 342.992 327.413 45.354 -15 re 388.346 327.413 45.354 -15 re 433.701 327.413 45.354 -15 re 479.055 327.413 45.354 -15 re 206.929 312.413 45.354 -30 re 252.283 312.413 45.354 -30 re 297.638 312.413 45.354 -30 re 342.992 312.413 45.354 -30 re 388.346 312.413 45.354 -30 re 433.701 312.413 45.354 -30 re 479.055 312.413 45.354 -30 re 206.929 282.413 45.354 -3.009 re 252.283 282.413 45.354 -3.009 re 297.638 282.413 45.354 -3.009 re 342.992 282.413 45.354 -3.009 re 388.346 282.413 45.354 -3.009 re 433.701 282.413 45.354 -3.009 re 479.055 282.413 45.354 -3.009 re 206.929 279.404 45.354 -15 re 252.283 279.404 45.354 -15 re 297.638 279.404 45.354 -15 re 342.992 279.404 45.354 -15 re 388.346 279.404 45.354 -15 re 433.701 279.404 45.354 -15 re 479.055 279.404 45.354 -15 re 206.929 264.404 45.354 -15 re 252.283 264.404 45.354 -15 re 297.638 264.404 45.354 -15 re 342.992 264.404 45.354 -15 re 388.346 264.404 45.354 -15 re 433.701 264.404 45.354 -15 re 479.055 264.404 45.354 -15 re 206.929 249.404 45.354 -30 re 252.283 249.404 45.354 -30 re 297.638 249.404 45.354 -30 re 342.992 249.404 45.354 -30 re 388.346 249.404 45.354 -30 re 433.701 249.404 45.354 -30 re 479.055 249.404 45.354 -30 re 206.929 219.404 45.354 -45 re 252.283 219.404 45.354 -45 re 297.638 219.404 45.354 -45 re 342.992 219.404 45.354 -45 re 388.346 219.404 45.354 -45 re 433.701 219.404 45.354 -45 re 479.055 219.404 45.354 -45 re 206.929 174.404 45.354 -15 re 252.283 174.404 45.354 -15 re 297.638 174.404 45.354 -15 re 342.992 174.404 45.354 -15 re 388.346 174.404 45.354 -15 re 433.701 174.404 45.354 -15 re 479.055 174.404 45.354 -15 re 206.929 159.404 45.354 -3.009 re 252.283 159.404 45.354 -3.009 re 297.638 159.404 45.354 -3.009 re 342.992 159.404 45.354 -3.009 re 388.346 159.404 45.354 -3.009 re 433.701 159.404 45.354 -3.009 re 479.055 159.404 45.354 -3.009 re 206.929 156.395 45.354 -15 re 252.283 156.395 45.354 -15 re 297.638 156.395 45.354 -15 re 342.992 156.395 45.354 -15 re 388.346 156.395 45.354 -15 re 433.701 156.395 45.354 -15 re 479.055 156.395 45.354 -15 re 206.929 141.395 45.354 -15 re 252.283 141.395 45.354 -15 re 297.638 141.395 45.354 -15 re 342.992 141.395 45.354 -15 re 388.346 141.395 45.354 -15 re 433.701 141.395 45.354 -15 re 479.055 141.395 45.354 -15 re 206.929 126.395 45.354 -7.664 re 252.283 126.395 45.354 -7.664 re 297.638 126.395 45.354 -7.664 re 342.992 126.395 45.354 -7.664 re 388.346 126.395 45.354 -7.664 re 433.701 126.395 45.354 -7.664 re 479.055 126.395 45.354 -7.664 re 206.929 118.731 45.354 -3.009 re 252.283 118.731 45.354 -3.009 re 297.638 118.731 45.354 -3.009 re 342.992 118.731 45.354 -3.009 re 388.346 118.731 45.354 -3.009 re 433.701 118.731 45.354 -3.009 re 479.055 118.731 45.354 -3.009 re f BT /CS0 cs 1 scn -0.028 Tw 5.775 0 0 10.5 229.9235 590.2631 Tm (Share)Tj 0 Tw -0.75 -1.429 Td ( capital)Tj -0.028 Tw 6.715 2.857 Td (Perpetual )Tj 0.446 -1.429 Td (medium-)Tj 0 Tw -1.028 -1.429 Td (term notes)Tj -0.028 Tw 9.715 1.429 Td (Capital )Tj -0.224 -1.429 Td (reserve)Tj 6.967 2.857 Td (Statutory )Tj 0.833 -1.429 Td (surplus )Tj 0.054 -1.429 Td (reserve)Tj 0 Tw 6.659 1.429 Td (Fair value )Tj -0.028 Tw 1.194 -1.429 Td (reserve)Tj 7.161 1.429 Td (Retained)Tj 0 Tw -0.251 -1.429 Td ( earnings)Tj -0.028 Tw 10.022 1.429 Td (Total)Tj -0.584 -1.429 Td (equity)Tj 5.775 0 2.8135 10.5 220.1859 560.2631 Tm (RMB\222000)Tj 7.854 0 Td (RMB\222000)Tj 7.854 0 Td (RMB\222000)Tj 7.854 0 Td (RMB\222000)Tj 7.854 0 Td (RMB\222000)Tj 7.854 0 Td (RMB\222000)Tj 7.854 0 Td (RMB\222000)Tj 0 Tw -47.73 -1.429 Td (\(note 36\(c\)\))Tj 9.159 0 Td (\(note 44\) )Tj 8.214 0 Td (\(note 36)Tj 1.786 -1.429 Td ( \(d\)\(i\)\))Tj 6.067 1.429 Td (\(note 36)Tj 1.481 -1.429 Td ( \(d\)\(ii\)\))Tj 6.373 1.429 Td (\(note 36)Tj 1.203 -1.429 Td ( \(d\)\(iv\)\))Tj ET /CS0 CS 1 SCN q 1 0 0 1 127.5591 525.9216 cm 0 0 m 79.37 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0 Tc 5.775 0 0 10.5 127.5591 526.7551 Tm ( )Tj ET /GS0 gs q 1 0 0 1 206.9292 525.9216 cm 0 0 m 45.354 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 5.775 0 0 10.5 243.0823 526.7551 Tm ( )Tj ET q 1 0 0 1 252.2835 525.9216 cm 0 0 m 45.354 0 l S Q BT 5.775 0 0 10.5 288.4366 526.7551 Tm ( )Tj ET q 1 0 0 1 297.6379 525.9216 cm 0 0 m 45.354 0 l S Q BT 5.775 0 0 10.5 333.791 526.7551 Tm ( )Tj ET q 1 0 0 1 342.9922 525.9216 cm 0 0 m 45.354 0 l S Q BT 5.775 0 0 10.5 379.1453 526.7551 Tm ( )Tj ET q 1 0 0 1 388.3466 525.9216 cm 0 0 m 45.354 0 l S Q BT 5.775 0 0 10.5 424.4996 526.7551 Tm ( )Tj ET q 1 0 0 1 433.7009 525.9216 cm 0 0 m 45.354 0 l S Q BT 5.775 0 0 10.5 469.8539 526.7551 Tm ( )Tj ET q 1 0 0 1 479.0552 525.9216 cm 0 0 m 45.354 0 l S Q BT 5.775 0 0 10.5 515.2083 526.7551 Tm ( )Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.028 Tc -67.125 -2.857 Td (At 31 December 2017)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 15.945 0 Td (8,036,389)Tj 7.854 0 Td (4,991,000)Tj 7.27 0 Td (13,956,328)Tj 8.437 0 Td (1,267,175)Tj 10.8 0 Td (375)Tj 4.907 0 Td (8,463,197)Tj 7.27 0 Td (36,714,464)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0 Tw -62.483 -1.429 Td (Net changes in fair value )Tj 1.178 -1.429 Td (of equity investments at )Tj 0 -1.429 TD (fair value through other )Tj T* (comprehensive income, )Tj T* (net of tax)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 0 Tc 18.882 0 Td (\226)Tj 7.854 0 Td (\226)Tj 7.854 0 Td (\226)Tj 7.854 0 Td (\226)Tj 0.028 Tc -0.028 Tw 4.629 0 Td (192,914)Tj 0 Tc 0 Tw 11.078 0 Td (\226)Tj 0.028 Tc -0.028 Tw 4.629 0 Td (192,914)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0 Tw -63.956 -1.429 Td (At 1 January 2018)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 15.945 0 Td (8,036,389)Tj 7.854 0 Td (4,991,000)Tj 7.27 0 Td (13,956,328)Tj 8.437 0 Td (1,267,175)Tj 8.743 0 Td (193,289)Tj 6.964 0 Td (8,463,197)Tj 7.27 0 Td (36,907,378)Tj 0 0 0 1 k /GS1 gs 0 Tw -62.483 -2.857 Td (Change in equity for 2018:)Tj /T1_2 1 Tf 0 -1.429 TD (Profit for the year)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 0 Tc 20.06 0 Td (\226)Tj 0.028 Tc -0.028 Tw 4.629 0 Td (242,000)Tj 0 Tc 0 Tw 11.078 0 Td (\226)Tj 7.854 0 Td (\226)Tj 7.854 0 Td (\226)Tj 0.028 Tc -0.028 Tw 3.739 0 Td (2,792,180)Tj 7.854 0 Td (3,034,180)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0 Tw -63.067 -1.429 Td (Other comprehensive )Tj -0.028 Tw 1.178 -1.429 Td (income)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 0 Tc 0 Tw 18.882 0 Td (\226)Tj 7.854 0 Td (\226)Tj 7.854 0 Td (\226)Tj 7.854 0 Td (\226)Tj 0.028 Tc -0.028 Tw 4.824 0 Td (\(88,492\))Tj 0 Tc 0 Tw 10.883 0 Td (\226)Tj 0.028 Tc -0.028 Tw 4.824 0 Td (\(88,492\))Tj ET 0.5 w q 1 0 0 1 212.5986 327.6625 cm 0 0 m 34.016 0 l S Q BT 0 Tc 0 Tw 5.775 0 0 10.5 243.0823 328.746 Tm ( )Tj ET q 1 0 0 1 257.9529 327.6625 cm 0 0 m 34.016 0 l S Q BT 5.775 0 0 10.5 288.4367 328.746 Tm ( )Tj ET q 1 0 0 1 303.3072 327.6625 cm 0 0 m 34.016 0 l S Q BT 5.775 0 0 10.5 333.791 328.746 Tm ( )Tj ET q 1 0 0 1 348.6616 327.6625 cm 0 0 m 34.016 0 l S Q BT 5.775 0 0 10.5 379.1454 328.746 Tm ( )Tj ET q 1 0 0 1 394.0159 327.6625 cm 0 0 m 34.016 0 l S Q BT 5.775 0 0 10.5 424.4997 328.746 Tm ( )Tj ET q 1 0 0 1 439.3702 327.6625 cm 0 0 m 34.016 0 l S Q BT 5.775 0 0 10.5 469.854 328.746 Tm ( )Tj ET q 1 0 0 1 484.7245 327.6625 cm 0 0 m 34.016 0 l S Q BT 5.775 0 0 10.5 515.2084 328.746 Tm ( )Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.028 Tc -67.125 -2.857 Td (Total comprehensive )Tj 0 Tc 5.775 0 0 10.5 186.2962 298.7461 Tm ( )Tj 0.028 Tc 5.775 0 0 10.5 134.3624 283.7461 Tm (income for the year)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 0 Tc 18.882 0 Td (\226)Tj 0.028 Tc -0.028 Tw 4.629 0 Td (242,000)Tj 0 Tc 0 Tw 11.078 0 Td (\226)Tj 7.854 0 Td (\226)Tj 0.028 Tc -0.028 Tw 4.824 0 Td (\(88,492\))Tj 6.769 0 Td (2,792,180)Tj 7.854 0 Td (2,945,688)Tj ET q 1 0 0 1 212.5986 279.6535 cm 0 0 m 34.016 0 l S Q BT 0 Tc 0 Tw 5.775 0 0 10.5 243.0824 280.737 Tm ( )Tj ET q 1 0 0 1 257.953 279.6535 cm 0 0 m 34.016 0 l S Q BT 5.775 0 0 10.5 288.4368 280.737 Tm ( )Tj ET q 1 0 0 1 303.3073 279.6535 cm 0 0 m 34.016 0 l S Q BT 5.775 0 0 10.5 333.7911 280.737 Tm ( )Tj ET q 1 0 0 1 348.6616 279.6535 cm 0 0 m 34.016 0 l S Q BT 5.775 0 0 10.5 379.1454 280.737 Tm ( )Tj ET q 1 0 0 1 394.016 279.6535 cm 0 0 m 34.016 0 l S Q BT 5.775 0 0 10.5 424.4998 280.737 Tm ( )Tj ET q 1 0 0 1 439.3703 279.6535 cm 0 0 m 34.016 0 l S Q BT 5.775 0 0 10.5 469.8541 280.737 Tm ( )Tj ET q 1 0 0 1 484.7246 279.6535 cm 0 0 m 34.016 0 l S Q BT 5.775 0 0 10.5 515.2084 280.737 Tm ( )Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.028 Tc -0.028 Tw -67.125 -2.857 Td (Appropriation)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 0 Tc 0 Tw 20.06 0 Td (\226)Tj 7.854 0 Td (\226)Tj 7.854 0 Td (\226)Tj 0.028 Tc -0.028 Tw 4.629 0 Td (219,649)Tj 0 Tc 0 Tw 11.078 0 Td (\226)Tj 0.028 Tc -0.028 Tw 4.24 0 Td (\(219,649\))Tj 0 Tc 0 Tw 11.467 0 Td (\226)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.028 Tc -67.181 -1.429 Td (Dividends to holders of the )Tj -0.028 Tw 1.178 -1.429 Td (Company)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 0 Tc 0 Tw 18.882 0 Td (\226)Tj 7.854 0 Td (\226)Tj 7.854 0 Td (\226)Tj 7.854 0 Td (\226)Tj 7.854 0 Td (\226)Tj 0.028 Tc -0.028 Tw 4.24 0 Td (\(737,741\))Tj 7.854 0 Td (\(737,741\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0 Tw -63.568 -1.429 Td (Distribution for perpetual )Tj 1.178 -1.429 Td (medium-term notes)Tj 0 Tc 5.775 0 0 10.5 187.1488 190.737 Tm ( )Tj 5.775 0 0 10.5 134.3624 175.737 Tm ( )Tj 0.028 Tc 5.775 0 2.8135 10.5 135.0508 175.737 Tm (\(note 44\))Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 0 Tc 5.775 0 0 10.5 243.4035 175.737 Tm (\226)Tj 0.028 Tc -0.028 Tw 4.24 0 Td (\(242,000\))Tj 0 Tc 0 Tw 11.467 0 Td (\226)Tj 7.854 0 Td (\226)Tj 7.854 0 Td (\226)Tj 7.854 0 Td (\226)Tj 0.028 Tc -0.028 Tw 4.24 0 Td (\(242,000\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0 Tw -63.568 -1.429 Td (Acquisition of a subsidiary)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 0 Tc 20.06 0 Td (\226)Tj 7.854 0 Td (\226)Tj 0.028 Tc -0.028 Tw 5.213 0 Td (10,831)Tj 0 Tc 0 Tw 10.495 0 Td (\226)Tj 7.854 0 Td (\226)Tj 7.854 0 Td (\226)Tj 0.028 Tc -0.028 Tw 5.213 0 Td (10,831)Tj ET q 1 0 0 1 212.5986 156.6445 cm 0 0 m 34.016 0 l S Q BT 0 Tc 0 Tw 5.775 0 0 10.5 243.0824 157.7279 Tm ( )Tj ET q 1 0 0 1 257.953 156.6445 cm 0 0 m 34.016 0 l S Q BT 5.775 0 0 10.5 288.4368 157.7279 Tm ( )Tj ET q 1 0 0 1 303.3073 156.6445 cm 0 0 m 34.016 0 l S Q BT 5.775 0 0 10.5 333.7911 157.7279 Tm ( )Tj ET q 1 0 0 1 348.6616 156.6445 cm 0 0 m 34.016 0 l S Q BT 5.775 0 0 10.5 379.1454 157.7279 Tm ( )Tj ET q 1 0 0 1 394.016 156.6445 cm 0 0 m 34.016 0 l S Q BT 5.775 0 0 10.5 424.4998 157.7279 Tm ( )Tj ET q 1 0 0 1 439.3703 156.6445 cm 0 0 m 34.016 0 l S Q BT 5.775 0 0 10.5 469.8541 157.7279 Tm ( )Tj ET q 1 0 0 1 484.7246 156.6445 cm 0 0 m 34.016 0 l S Q BT 5.775 0 0 10.5 515.2084 157.7279 Tm ( )Tj 0 0 0 1 k /GS1 gs 0.028 Tc -67.125 -2.857 Td (At 31 December 2018)Tj /CS0 cs 1 scn /GS0 gs -0.028 Tw 15.945 0 Td (8,036,389)Tj 7.854 0 Td (4,991,000)Tj 7.27 0 Td (13,967,159)Tj 8.437 0 Td (1,486,824)Tj 8.743 0 Td (104,797)Tj 6.38 0 Td (10,297,987)Tj 7.854 0 Td (38,884,156)Tj ET 2.5 w q 1 0 0 1 212.5986 122.4809 cm 0 0 m 34.016 0 l S Q 0.835 w q 1 0 0 1 212.5986 119.1484 cm 0 0 m 34.016 0 l S Q BT 0 Tc 0 Tw 5.775 0 0 10.5 243.0824 120.0644 Tm ( )Tj ET 2.5 w q 1 0 0 1 257.953 122.4809 cm 0 0 m 34.016 0 l S Q 0.835 w q 1 0 0 1 257.953 119.1484 cm 0 0 m 34.016 0 l S Q BT 5.775 0 0 10.5 288.4368 120.0644 Tm ( )Tj ET 2.5 w q 1 0 0 1 303.3073 122.4809 cm 0 0 m 34.016 0 l S Q 0.835 w q 1 0 0 1 303.3073 119.1484 cm 0 0 m 34.016 0 l S Q BT 5.775 0 0 10.5 333.7911 120.0644 Tm ( )Tj ET 2.5 w q 1 0 0 1 348.6616 122.4809 cm 0 0 m 34.016 0 l S Q 0.835 w q 1 0 0 1 348.6616 119.1484 cm 0 0 m 34.016 0 l S Q BT 5.775 0 0 10.5 379.1454 120.0644 Tm ( )Tj ET 2.5 w q 1 0 0 1 394.016 122.4809 cm 0 0 m 34.016 0 l S Q 0.835 w q 1 0 0 1 394.016 119.1484 cm 0 0 m 34.016 0 l S Q BT 5.775 0 0 10.5 424.4998 120.0644 Tm ( )Tj ET 2.5 w q 1 0 0 1 439.3703 122.4809 cm 0 0 m 34.016 0 l S Q 0.835 w q 1 0 0 1 439.3703 119.1484 cm 0 0 m 34.016 0 l S Q BT 5.775 0 0 10.5 469.8541 120.0644 Tm ( )Tj ET 2.5 w q 1 0 0 1 484.7246 122.4809 cm 0 0 m 34.016 0 l S Q 0.835 w q 1 0 0 1 484.7246 119.1484 cm 0 0 m 34.016 0 l S Q BT 5.775 0 0 10.5 515.2084 120.0644 Tm ( )Tj ET endstreamendobj466 0 obj<>endobj463 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 536.9537 33.8036 Tm (337)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0 Tw 14 0 0 14 70.8661 670.2631 Tm [(36 )-551.2 (CAPITAL, RESERVES AND DIVIDENDS)]TJ 0 0 0 0.8 k 11.5 0 0 11.5 99.2126 637.2631 Tm [(\(a\) )-853.5 (Movements in components of equity)]TJ 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.092 Tc 0.078 Tw 10.5 0 0 10.5 127.5591 606.2631 Tm [(The)13.6 ( reconciliation)13.6 ( between)13.6 ( the)13.6 ( opening)13.6 ( and)13.6 ( closing)13.6 ( balances)13.6 ( of)13.6 ( each)64.2 ( )]TJ 0.045 Tc 0 -1.476 TD [(component)14 ( of)14 ( the)14 ( Group)13.9 (\222)13.9 (s)14 ( consolidated)13.9 ( equity)14 ( is)14 ( set)13.9 ( out)13.9 ( in)13.9 ( the)13.9 ( consolidated)17.2 ( )]TJ 0.068 Tc T* [(statement)13.5 ( of)13.6 ( changes)13.5 ( in)13.5 ( equity)13.5 (.)13.6 ( Details)13.6 ( of)13.5 ( the)13.6 ( changes)13.5 ( in)13.5 ( the)13.5 ( Company)13.5 (\222)13.6 (s)40.2 ( )]TJ 0.028 Tc 0.018 Tw T* (individual components of equity between the beginning and the end of the\ year )Tj 0 Tw T* (are set out below:)Tj -0.028 Tw 5.775 0 0 10.5 230.8879 499.7631 Tm (Share )Tj -0.445 -1.381 Td (capital)Tj 6.52 2.762 Td (Perpetual)Tj 0 Tw 0.085 -1.381 Td ( medium-)Tj -0.558 -1.381 Td (term notes)Tj -0.028 Tw 9.494 1.381 Td (Capital )Tj -0.167 -1.381 Td (reserve)Tj 7.186 2.762 Td (Statutory )Tj 0.724 -1.381 Td (surplus )Tj -0.056 -1.381 Td (reserve)Tj 0 Tw 6.769 1.381 Td (Fair value )Tj -0.028 Tw 1.084 -1.381 Td (reserve)Tj 7.158 1.381 Td (Retained )Tj 0.112 -1.381 Td (earnings)Tj 9.659 1.381 Td (Total )Tj -0.583 -1.381 Td (equity)Tj 5.775 0 2.8135 10.5 221.1445 470.7631 Tm (RMB\222000)Tj 7.854 0 Td (RMB\222000)Tj 7.854 0 Td (RMB\222000)Tj 7.854 0 Td (RMB\222000)Tj 7.854 0 Td (RMB\222000)Tj 7.854 0 Td (RMB\222000)Tj 7.854 0 Td (RMB\222000)Tj 0 Tw -47.755 -1.381 Td (\(note 36\(c\)\))Tj 9.159 0 Td (\(note 44\))Tj 8.214 0 Td (\(note 36)Tj -0.028 Tw 1.872 -1.381 Td (\(d\)\(i\)\))Tj 0 Tw 5.982 1.381 Td (\(note 36)Tj 1.503 -1.381 Td ( \(d\)\(ii\)\))Tj 6.351 1.381 Td (\(note 36)Tj -0.028 Tw 1.344 -1.381 Td (\(d\)\(iv\)\))Tj ET /CS0 CS 1 SCN /GS0 gs q 1 0 0 1 127.5591 437.4217 cm 0 0 m 79.37 0 l S Q BT /GS1 gs 0 Tc 0 Tw 5.775 0 0 10.5 127.5591 438.2552 Tm ( )Tj ET /GS0 gs q 1 0 0 1 206.9292 437.4217 cm 0 0 m 45.354 0 l S Q BT /GS1 gs 5.775 0 0 10.5 243.0823 438.2552 Tm ( )Tj ET /GS0 gs q 1 0 0 1 252.2835 437.4217 cm 0 0 m 45.354 0 l S Q BT /GS1 gs 5.775 0 0 10.5 288.4366 438.2552 Tm ( )Tj ET /GS0 gs q 1 0 0 1 297.6379 437.4217 cm 0 0 m 45.354 0 l S Q BT /GS1 gs 5.775 0 0 10.5 333.791 438.2552 Tm ( )Tj ET /GS0 gs q 1 0 0 1 342.9922 437.4217 cm 0 0 m 45.354 0 l S Q BT /GS1 gs 5.775 0 0 10.5 379.1453 438.2552 Tm ( )Tj ET /GS0 gs q 1 0 0 1 388.3466 437.4217 cm 0 0 m 45.354 0 l S Q BT /GS1 gs 5.775 0 0 10.5 424.4996 438.2552 Tm ( )Tj ET /GS0 gs q 1 0 0 1 433.7009 437.4217 cm 0 0 m 45.354 0 l S Q BT /GS1 gs 5.775 0 0 10.5 469.8539 438.2552 Tm ( )Tj ET /GS0 gs q 1 0 0 1 479.0552 437.4217 cm 0 0 m 45.354 0 l S Q BT /GS1 gs 5.775 0 0 10.5 515.2083 438.2552 Tm ( )Tj 0.028 Tc -67.125 -2.762 Td (At 1 January 2017)Tj -0.028 Tw 15.945 0 Td (8,036,389)Tj 7.854 0 Td (2,991,000)Tj 7.27 0 Td (13,956,328)Tj 9.327 0 Td (984,794)Tj 9.021 0 Td (2,734)Tj 5.796 0 Td (7,105,815)Tj 7.27 0 Td (33,077,060)Tj /T1_1 1 Tf 0 Tw -62.483 -2.762 Td (Change in equity for 2017:)Tj /T1_2 1 Tf 0 -1.381 TD (Profit for the year)Tj 0 Tc 20.116 0 Td (\226)Tj 0.028 Tc -0.028 Tw 4.573 0 Td (157,937)Tj 0 Tc 0 Tw 11.134 0 Td (\226)Tj 7.854 0 Td (\226)Tj 7.854 0 Td (\226)Tj 0.028 Tc -0.028 Tw 3.683 0 Td (2,322,856)Tj 7.854 0 Td (2,480,793)Tj 0 Tw -63.067 -1.381 Td (Other comprehensive )Tj -0.028 Tw 1.178 -1.381 Td (income)Tj 0 Tc 0 Tw 18.938 0 Td (\226)Tj 7.854 0 Td (\226)Tj 7.854 0 Td (\226)Tj 7.854 0 Td (\226)Tj 0.028 Tc -0.028 Tw 5.352 0 Td (\(2,359\))Tj 0 Tc 0 Tw 10.355 0 Td (\226)Tj 0.028 Tc -0.028 Tw 5.352 0 Td (\(2,359\))Tj ET 0.5 w /GS0 gs q 1 0 0 1 212.5986 332.6626 cm 0 0 m 34.016 0 l S Q BT /GS1 gs 0 Tc 0 Tw 5.775 0 0 10.5 206.9293 333.7461 Tm ( )Tj ET /GS0 gs q 1 0 0 1 257.9529 332.6626 cm 0 0 m 34.016 0 l S Q BT /GS1 gs 5.775 0 0 10.5 252.2836 333.7461 Tm ( )Tj ET /GS0 gs q 1 0 0 1 303.3072 332.6626 cm 0 0 m 34.016 0 l S Q BT /GS1 gs 5.775 0 0 10.5 297.6379 333.7461 Tm ( )Tj ET /GS0 gs q 1 0 0 1 348.6616 332.6626 cm 0 0 m 34.016 0 l S Q BT /GS1 gs 5.775 0 0 10.5 342.9923 333.7461 Tm ( )Tj ET /GS0 gs q 1 0 0 1 394.0159 332.6626 cm 0 0 m 34.016 0 l S Q BT /GS1 gs 5.775 0 0 10.5 388.3466 333.7461 Tm ( )Tj ET /GS0 gs q 1 0 0 1 439.3702 332.6626 cm 0 0 m 34.016 0 l S Q BT /GS1 gs 5.775 0 0 10.5 433.7009 333.7461 Tm ( )Tj ET /GS0 gs q 1 0 0 1 484.7245 332.6626 cm 0 0 m 34.016 0 l S Q BT /GS1 gs 5.775 0 0 10.5 479.0553 333.7461 Tm ( )Tj 0.028 Tc -60.865 -2.762 Td (Total comprehensive income )Tj 1.178 -1.381 Td (for the year)Tj 0 Tc 18.938 0 Td (\226)Tj 0.028 Tc -0.028 Tw 4.573 0 Td (157,937)Tj 0 Tc 0 Tw 11.134 0 Td (\226)Tj 7.854 0 Td (\226)Tj 0.028 Tc -0.028 Tw 5.352 0 Td (\(2,359\))Tj 6.185 0 Td (2,322,856)Tj 7.854 0 Td (2,478,434)Tj ET /GS0 gs q 1 0 0 1 212.5986 286.1536 cm 0 0 m 34.016 0 l S Q BT /GS1 gs 0 Tc 0 Tw 5.775 0 0 10.5 206.9294 287.2371 Tm ( )Tj ET /GS0 gs q 1 0 0 1 257.953 286.1536 cm 0 0 m 34.016 0 l S Q BT /GS1 gs 5.775 0 0 10.5 252.2837 287.2371 Tm ( )Tj ET /GS0 gs q 1 0 0 1 303.3073 286.1536 cm 0 0 m 34.016 0 l S Q BT /GS1 gs 5.775 0 0 10.5 297.638 287.2371 Tm ( )Tj ET /GS0 gs q 1 0 0 1 348.6616 286.1536 cm 0 0 m 34.016 0 l S Q BT /GS1 gs 5.775 0 0 10.5 342.9923 287.2371 Tm ( )Tj ET /GS0 gs q 1 0 0 1 394.016 286.1536 cm 0 0 m 34.016 0 l S Q BT /GS1 gs 5.775 0 0 10.5 388.3467 287.2371 Tm ( )Tj ET /GS0 gs q 1 0 0 1 439.3703 286.1536 cm 0 0 m 34.016 0 l S Q BT /GS1 gs 5.775 0 0 10.5 433.701 287.2371 Tm ( )Tj ET /GS0 gs q 1 0 0 1 484.7246 286.1536 cm 0 0 m 34.016 0 l S Q BT /GS1 gs 5.775 0 0 10.5 479.0553 287.2371 Tm ( )Tj 0.028 Tc -0.028 Tw -60.865 -2.762 Td (Appropriation)Tj 0 Tc 0 Tw 20.116 0 Td (\226)Tj 7.854 0 Td (\226)Tj 7.854 0 Td (\226)Tj 0.028 Tc -0.028 Tw 4.573 0 Td (282,381)Tj 0 Tc 0 Tw 11.134 0 Td (\226)Tj 0.028 Tc -0.028 Tw 4.184 0 Td (\(282,381\))Tj 0 Tc 0 Tw 11.523 0 Td (\226)Tj 0.028 Tc -67.237 -1.381 Td (Dividends to holders of the )Tj -0.028 Tw 1.178 -1.381 Td (Company)Tj 0 Tc 0 Tw 18.938 0 Td (\226)Tj 7.854 0 Td (\226)Tj 7.854 0 Td (\226)Tj 7.854 0 Td (\226)Tj 7.854 0 Td (\226)Tj 0.028 Tc -0.028 Tw 4.184 0 Td (\(683,093\))Tj 7.854 0 Td (\(683,093\))Tj 0 Tw -63.568 -1.381 Td (Issuance of perpetual )Tj -0.028 Tw 1.178 -1.381 Td (medium-term )Tj 0 Tc 0 Tw 5.775 0 0 10.5 172.2206 200.2371 Tm ( )Tj 0.028 Tc -0.028 Tw 5.775 0 0 10.5 134.3625 185.7371 Tm (notes )Tj 0 Tw 5.775 0 2.8135 10.5 149.9792 185.7371 Tm (\(note 44\))Tj 0 Tc 5.775 0 0 10.5 243.727 185.7371 Tm (\226)Tj 0.028 Tc -0.028 Tw 3.683 0 Td (2,000,000)Tj 0 Tc 0 Tw 12.024 0 Td (\226)Tj 7.854 0 Td (\226)Tj 7.854 0 Td (\226)Tj 7.854 0 Td (\226)Tj 0.028 Tc -0.028 Tw 3.683 0 Td (2,000,000)Tj 0 Tw -63.067 -1.381 Td (Distribution for perpetual )Tj 1.178 -1.381 Td (medium-term notes )Tj -0.028 Tw 5.775 0 2.8135 10.5 187.8373 156.7371 Tm (\(note )Tj -8.774 -1.381 Td (44\))Tj 0 Tc 0 Tw 5.775 0 0 10.5 243.727 142.2371 Tm (\226)Tj 0.028 Tc -0.028 Tw 4.184 0 Td (\(157,937\))Tj 0 Tc 0 Tw 11.523 0 Td (\226)Tj 7.854 0 Td (\226)Tj 7.854 0 Td (\226)Tj 7.854 0 Td (\226)Tj 0.028 Tc -0.028 Tw 4.184 0 Td (\(157,937\))Tj ET /GS0 gs q 1 0 0 1 212.5987 138.1445 cm 0 0 m 34.016 0 l S Q BT /GS1 gs 0 Tc 0 Tw 5.775 0 0 10.5 206.9294 139.228 Tm ( )Tj ET /GS0 gs q 1 0 0 1 257.953 138.1445 cm 0 0 m 34.016 0 l S Q BT /GS1 gs 5.775 0 0 10.5 252.2838 139.228 Tm ( )Tj ET /GS0 gs q 1 0 0 1 303.3073 138.1445 cm 0 0 m 34.016 0 l S Q BT /GS1 gs 5.775 0 0 10.5 297.6381 139.228 Tm ( )Tj ET /GS0 gs q 1 0 0 1 348.6617 138.1445 cm 0 0 m 34.016 0 l S Q BT /GS1 gs 5.775 0 0 10.5 342.9924 139.228 Tm ( )Tj ET /GS0 gs q 1 0 0 1 394.016 138.1445 cm 0 0 m 34.016 0 l S Q BT /GS1 gs 5.775 0 0 10.5 388.3467 139.228 Tm ( )Tj ET /GS0 gs q 1 0 0 1 439.3703 138.1445 cm 0 0 m 34.016 0 l S Q BT /GS1 gs 5.775 0 0 10.5 433.701 139.228 Tm ( )Tj ET /GS0 gs q 1 0 0 1 484.7247 138.1445 cm 0 0 m 34.016 0 l S Q BT /GS1 gs 5.775 0 0 10.5 479.0554 139.228 Tm ( )Tj /T1_1 1 Tf 0.028 Tc -60.865 -2.762 Td (At 31 December 2017)Tj /T1_2 1 Tf -0.028 Tw 15.945 0 Td (8,036,389)Tj 7.854 0 Td (4,991,000)Tj 7.27 0 Td (13,956,328)Tj 8.437 0 Td (1,267,175)Tj 10.8 0 Td (375)Tj 4.907 0 Td (8,463,197)Tj 7.27 0 Td (36,714,464)Tj ET 2.5 w /GS0 gs q 1 0 0 1 212.5988 104.981 cm 0 0 m 34.016 0 l S Q 0.835 w q 1 0 0 1 212.5988 101.6485 cm 0 0 m 34.016 0 l S Q BT /GS1 gs 0 Tc 0 Tw 5.775 0 0 10.5 206.9295 102.5645 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 257.9531 104.981 cm 0 0 m 34.016 0 l S Q 0.835 w q 1 0 0 1 257.9531 101.6485 cm 0 0 m 34.016 0 l S Q BT /GS1 gs 5.775 0 0 10.5 252.2838 102.5645 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 303.3074 104.981 cm 0 0 m 34.016 0 l S Q 0.835 w q 1 0 0 1 303.3074 101.6485 cm 0 0 m 34.016 0 l S Q BT /GS1 gs 5.775 0 0 10.5 297.6381 102.5645 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 348.6617 104.981 cm 0 0 m 34.016 0 l S Q 0.835 w q 1 0 0 1 348.6617 101.6485 cm 0 0 m 34.016 0 l S Q BT /GS1 gs 5.775 0 0 10.5 342.9925 102.5645 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 394.0161 104.981 cm 0 0 m 34.016 0 l S Q 0.835 w q 1 0 0 1 394.0161 101.6485 cm 0 0 m 34.016 0 l S Q BT /GS1 gs 5.775 0 0 10.5 388.3468 102.5645 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 439.3704 104.981 cm 0 0 m 34.016 0 l S Q 0.835 w q 1 0 0 1 439.3704 101.6485 cm 0 0 m 34.016 0 l S Q BT /GS1 gs 5.775 0 0 10.5 433.7011 102.5645 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 484.7247 104.981 cm 0 0 m 34.016 0 l S Q 0.835 w q 1 0 0 1 484.7247 101.6485 cm 0 0 m 34.016 0 l S Q BT /GS1 gs 5.775 0 0 10.5 479.0555 102.5645 Tm ( )Tj ET endstreamendobj464 0 obj<>endobj461 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 37.6388 33.8036 Tm (336)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0 Tw 14 0 0 14 70.8661 670.2631 Tm [(34 )-551.2 (DEFERRED INCOME)]TJ ET 0 0 0 0 k 354.331 652.93 85.039 -16 re 354.331 636.93 85.039 -16 re 354.331 620.93 85.039 -4.01 re 354.331 616.92 85.039 -16 re 354.331 600.92 85.039 -16 re 354.331 584.92 85.039 -16 re 354.331 568.92 85.039 -16 re 354.331 552.92 85.039 -16 re 354.331 536.92 85.039 -3.009 re 354.331 533.911 85.039 -16 re 354.331 517.911 85.039 -16 re 354.331 501.911 85.039 -7.664 re 354.331 494.247 85.039 -3.009 re f BT /CS0 cs 1 scn -0.028 Tw 10.5 0 0 10.5 409.4731 638.2631 Tm (2018)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (2017)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 10.5 0 2.8135 10.5 386.5307 622.2631 Tm (RMB\222000)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.265 0 Td (RMB\222000)Tj ET /CS0 CS 1 SCN /GS0 gs q 1 0 0 1 99.2126 617.4199 cm 0 0 m 255.118 0 l S Q BT /GS1 gs 0 Tc 0 Tw 10.5 0 0 10.5 99.2126 618.2534 Tm ( )Tj ET /GS0 gs q 1 0 0 1 354.3307 617.4199 cm 0 0 m 85.039 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 10.5 0 2.8135 10.5 354.3307 618.2534 Tm ( )Tj ET q 1 0 0 1 439.3701 617.4199 cm 0 0 m 85.039 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 2.8135 10.5 439.3701 618.2534 Tm ( )Tj 0.028 Tc 10.5 0 0 10.5 99.2126 586.2534 Tm (At 1 January)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 27.186 0 Td (1,553,605)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (1,684,507)Tj -35.285 -1.524 Td (Additions)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 28.659 0 Td (19,563)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (25,153)Tj 0 Tw -36.758 -1.524 Td (Acquisition of a subsidiary)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 29.243 0 Td (9,850)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0 Tc 0 Tw 10.212 0 Td (\226)Tj 0.028 Tc -39.455 -1.524 Td (Credited to profit or loss)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 27.687 0 Td (\(133,080\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (\(156,055\))Tj ET 0.5 w /GS0 gs q 1 0 0 1 359.9999 534.1609 cm 0 0 m 73.701 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tc 0 Tw 10.5 0 0 10.5 354.3307 535.2444 Tm ( )Tj ET q 1 0 0 1 445.0393 534.1609 cm 0 0 m 73.701 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 0 10.5 439.37 535.2444 Tm ( )Tj 0.028 Tc -32.396 -3.048 Td (At 31 December)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 27.186 0 Td (1,449,938)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (1,553,605)Tj ET 2.5 w /GS0 gs q 1 0 0 1 360 497.9973 cm 0 0 m 73.701 0 l S Q 0.835 w q 1 0 0 1 360 494.6648 cm 0 0 m 73.701 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tc 0 Tw 10.5 0 0 10.5 354.3307 495.5808 Tm ( )Tj ET 2.5 w q 1 0 0 1 445.0394 497.9973 cm 0 0 m 73.701 0 l S Q 0.835 w q 1 0 0 1 445.0394 494.6648 cm 0 0 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straight-line basis over the contractual life of the service\ agreements.)Tj /CS1 cs 0.3 1 scn /GS0 gs /T1_1 1 Tf 14 0 0 14 70.8661 346.9053 Tm [(35 )-551.2 (OTHER NON-CURRENT LIABILITIES)]TJ 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.048 Tc 0.078 Tw 10.5 0 0 10.5 99.2126 314.9053 Tm [(Other)13.6 ( non)13.6 (-)13.6 (current)13.6 ( liabilities)13.5 ( mainly)13.6 ( represent)13.5 ( long)13.6 (-)13.6 (term)13.6 ( retention)13.6 ( payables)13.6 ( for)13.6 ( the)20.2 ( )]TJ 0.024 Tc 0 Tw T* [(purchase of wind turbines, among which RMB489,742,000 \(2017: RMB282,303\,000\) is)-3.8 ( )]TJ 0.028 Tc T* (due to associates of the Group.)Tj ET endstreamendobj462 0 obj<>endobj459 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 536.9537 33.8036 Tm (335)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0.091 Tc 0.078 Tw 14 0 0 14 70.8661 670.2631 Tm [(3)63.2 (2)63.2 ( )-410.1 (INCOME)13.9 ( TAX)13.9 ( IN)14 ( 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388.3462 283.5081 Tm ( )Tj ET q 1 0 0 1 439.3698 282.4882 cm 0 0 m 34.016 0 l S Q BT 6 0 0 10 433.7005 283.5081 Tm ( )Tj ET q 1 0 0 1 484.7241 282.4882 cm 0 0 m 34.016 0 l S Q BT 6 0 0 10 479.0548 283.5081 Tm ( )Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.028 Tc -58.583 -3 Td (At 31 December 2018)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 23.816 0 Td (\(36,612\))Tj 7.559 0 Td (\(25,744\))Tj 6.975 0 Td (\(411,317\))Tj 0 Tc 0 Tw 11.172 0 Td (\226)Tj 0.028 Tc -0.028 Tw 5.113 0 Td (\(5,643\))Tj 6.391 0 Td (\(479,316\))Tj ET 2.5 w q 1 0 0 1 257.9524 248.3246 cm 0 0 m 34.016 0 l S Q 0.835 w q 1 0 0 1 257.9524 244.9921 cm 0 0 m 34.016 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0 Tc 0 Tw 6 0 0 10 252.2831 245.8446 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 303.3067 248.3246 cm 0 0 m 34.016 0 l S Q 0.835 w q 1 0 0 1 303.3067 244.9921 cm 0 0 m 34.016 0 l S Q BT /GS1 gs 6 0 0 10 297.6375 245.8446 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 348.6611 248.3246 cm 0 0 m 34.016 0 l S Q 0.835 w q 1 0 0 1 348.6611 244.9921 cm 0 0 m 34.016 0 l S Q BT /GS1 gs 6 0 0 10 342.9918 245.8446 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 394.0154 248.3246 cm 0 0 m 34.016 0 l S Q 0.835 w q 1 0 0 1 394.0154 244.9921 cm 0 0 m 34.016 0 l S Q BT /GS1 gs 6 0 0 10 388.3461 245.8446 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 439.3697 248.3246 cm 0 0 m 34.016 0 l S Q 0.835 w q 1 0 0 1 439.3697 244.9921 cm 0 0 m 34.016 0 l S Q BT /GS1 gs 6 0 0 10 433.7004 245.8446 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 484.7241 248.3246 cm 0 0 m 34.016 0 l S Q 0.835 w q 1 0 0 1 484.7241 244.9921 cm 0 0 m 34.016 0 l S Q BT /GS1 gs 6 0 0 10 479.0548 245.8446 Tm ( )Tj 0.028 Tc 10.5 0 0 10.5 127.5587 212.2326 Tm (Reconciliation to the consolidated statement of financial position:)Tj ET 0 0 0 0 k /GS0 gs 354.33 194.899 85.039 -15.5 re 354.33 179.399 85.039 -15.5 re 354.33 163.899 85.039 -4.01 re 354.33 159.889 85.039 -15.5 re 354.33 144.389 85.039 -31 re 354.33 113.389 85.039 -31 re 354.33 82.389 85.039 -3.009 re f BT /CS0 cs 1 scn /T1_1 1 Tf -0.028 Tw 9.975 0 0 10.5 410.6842 180.7326 Tm (2018)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.525 0 Td (2017)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 9.975 0 2.8135 10.5 388.835 165.2326 Tm (RMB\222000)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.691 0 Td (RMB\222000)Tj ET 1 w /GS0 gs q 1 0 0 1 127.5587 160.3894 cm 0 0 m 226.772 0 l S Q BT /GS1 gs 0 Tc 0 Tw 9.975 0 0 10.5 127.5587 161.2229 Tm ( )Tj ET /GS0 gs q 1 0 0 1 354.3304 160.3894 cm 0 0 m 85.039 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 9.975 0 2.8135 10.5 354.3304 161.2229 Tm ( )Tj ET q 1 0 0 1 439.3698 160.3894 cm 0 0 m 85.039 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 9.975 0 2.8135 10.5 439.3698 161.2229 Tm ( )Tj 0.028 Tc 9.975 0 0 10.5 127.5587 130.2229 Tm (Net deferred tax asset recognised in the )Tj 1.051 -1.476 Td (consolidated statement of financial position)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 25.859 0 Td (146,376)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.525 0 Td (170,709)Tj 0 Tw -35.435 -1.476 Td (Net deferred tax liability recognised in the )Tj 1.051 -1.476 Td (consolidated statement of financial position)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 25.47 0 Td (\(164,260\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.525 0 Td (\(161,694\))Tj ET endstreamendobj478 0 obj<>endobj475 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 536.9537 33.8036 Tm (333)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0.091 Tc 0.078 Tw 14 0 0 14 70.8661 670.2631 Tm [(3)63.2 (2)63.2 ( )-410.1 (INCOME)13.9 ( TAX)13.9 ( IN)14 ( THE)14 ( CONSOLIDATED)14 ( STATEMENT)13.9 ( OF)63.2 ( )]TJ 0.028 Tc 0 Tw 2.025 -1.357 Td (FINANCIAL POSITION \(Continued\))Tj 0 0 0 0.8 k 11.5 0 0 11.5 99.2126 617.2631 Tm [(\(b\) )-798.5 (Deferred tax assets and liabilities recognised:)]TJ 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.103 Tc 0.078 Tw 10.5 0 0 10.5 127.5591 585.2631 Tm [(The)14.1 ( components)14.1 ( of)14 ( deferred)14.1 ( tax)14 ( assets)14 (/)14.1 (\()14 (liabilities)14 (\))14 ( recognised)14.1 ( in)14 ( the)75.2 ( )]TJ 0.055 Tc 0.077 Tw 0 -1.524 TD [(co)0.5 (ns)0.5 (oli)0.5 (da)0.5 (ted)14.4 ( st)0.5 (ate)0.5 (me)0.5 (nt)14.3 ( o)0.5 (f)14.3 ( fi)0.5 (na)0.5 (nci)0.5 (al)14.4 ( pos)0.5 (iti)0.5 (o)0.5 (n)14.3 ( an)0.5 (d)14.3 ( th)0.5 (e)14.3 ( mo)0.5 (vem)0.5 (en)0.5 (ts)14.3 ( d)0.5 (ur)0.5 (ing)14.4 ( th)0.5 (e)27.2 ( )]TJ 0.028 Tc 0 Tw T* (years are as follows:)Tj ET 0 0 0 0 k /GS0 gs 218.268 249.247 51.024 -16 re 269.291 249.247 51.024 -16 re 320.315 249.247 51.024 -16 re 371.339 249.247 51.024 -16 re 422.362 249.247 51.024 -16 re 473.386 249.247 51.024 -16 re 218.268 233.247 51.024 -16 re 269.291 233.247 51.024 -16 re 320.315 233.247 51.024 -16 re 371.339 233.247 51.024 -16 re 422.362 233.247 51.024 -16 re 473.386 233.247 51.024 -16 re 218.268 217.247 51.024 -32 re 269.291 217.247 51.024 -32 re 320.315 217.247 51.024 -32 re 371.339 217.247 51.024 -32 re 422.362 217.247 51.024 -32 re 473.386 217.247 51.024 -32 re 218.268 185.247 51.024 -3.009 re 269.291 185.247 51.024 -3.009 re 320.315 185.247 51.024 -3.009 re 371.339 185.247 51.024 -3.009 re 422.362 185.247 51.024 -3.009 re 473.386 185.247 51.024 -3.009 re 218.268 182.238 51.024 -16 re 269.291 182.238 51.024 -16 re 320.315 182.238 51.024 -16 re 371.339 182.238 51.024 -16 re 422.362 182.238 51.024 -16 re 473.386 182.238 51.024 -16 re 218.268 166.238 51.024 -16 re 269.291 166.238 51.024 -16 re 320.315 166.238 51.024 -16 re 371.339 166.238 51.024 -16 re 422.362 166.238 51.024 -16 re 473.386 166.238 51.024 -16 re 218.268 150.238 51.024 -7.664 re 269.291 150.238 51.024 -7.664 re 320.315 150.238 51.024 -7.664 re 371.339 150.238 51.024 -7.664 re 422.362 150.238 51.024 -7.664 re 473.386 150.238 51.024 -7.664 re 218.268 142.575 51.024 -3.009 re 269.291 142.575 51.024 -3.009 re 320.315 142.575 51.024 -3.009 re 371.339 142.575 51.024 -3.009 re 422.362 142.575 51.024 -3.009 re 473.386 142.575 51.024 -3.009 re f BT 0 0 0 1 k /GS1 gs /T1_1 1 Tf 6.5 0 0 10 127.559 425.1996 Tm (Deferred tax assets )Tj 0 -1.6 TD (arising from:)Tj 14.431 3.2 Td (Provision for)Tj 0.556 -1.6 Td ( impairment )Tj 1.389 -1.6 Td (of assets)Tj -0.028 Tw 7.044 1.6 Td (Unrealised )Tj 2.085 -1.6 Td (profits)Tj 4.765 3.2 Td (Depreciation)Tj 0 Tw 4.223 -1.6 Td ( and)Tj -4.473 -1.6 Td ( amortisation)Tj 9.405 11.2 Td (Gains and)Tj -0.084 -1.6 Td ( losses on)Tj 0.612 -1.6 Td ( changes )Tj 1.64 -1.6 Td (in fair )Tj -1.084 -1.6 Td (value of )Tj -0.028 Tw -0.946 -1.6 Td (derivative)Tj 0 Tw 0.334 -1.6 Td ( financial )Tj -0.028 Tw -1.416 -1.6 Td (instruments)Tj 10.489 0 Td (Others)Tj 8.712 0 Td (Total)Tj /T1_2 1 Tf 6.5 0 2.6795 10 235.1413 393.1996 Tm (RMB\222000)Tj 7.85 0 Td (RMB\222000)Tj 7.85 0 Td (RMB\222000)Tj 7.85 0 Td (RMB\222000)Tj 7.85 0 Td (RMB\222000)Tj 7.85 0 Td (RMB\222000)Tj ET /CS0 CS 1 SCN /GS0 gs q 1 0 0 1 127.559 388.4199 cm 0 0 m 90.709 0 l S Q BT /GS1 gs 0 Tc 0 Tw 6.5 0 0 10 127.559 389.1898 Tm ( )Tj ET /GS0 gs q 1 0 0 1 218.2677 388.4199 cm 0 0 m 51.024 0 l S Q BT /GS1 gs 6.5 0 0 10 259.6466 389.1898 Tm ( )Tj ET /GS0 gs q 1 0 0 1 269.2913 388.4199 cm 0 0 m 51.024 0 l S Q BT /GS1 gs 6.5 0 0 10 310.6703 389.1898 Tm ( )Tj ET /GS0 gs q 1 0 0 1 320.3149 388.4199 cm 0 0 m 51.024 0 l S Q BT /GS1 gs 6.5 0 0 10 361.6939 389.1898 Tm ( )Tj ET /GS0 gs q 1 0 0 1 371.3386 388.4199 cm 0 0 m 51.024 0 l S Q BT /GS1 gs 6.5 0 0 10 412.7175 389.1898 Tm ( )Tj ET /GS0 gs q 1 0 0 1 422.3622 388.4199 cm 0 0 m 51.024 0 l S Q BT /GS1 gs 6.5 0 0 10 463.7411 389.1898 Tm ( )Tj ET /GS0 gs q 1 0 0 1 473.3858 388.4199 cm 0 0 m 51.024 0 l S Q BT /GS1 gs 6.5 0 0 10 514.7648 389.1898 Tm ( )Tj 0.028 Tc -59.57 -3.2 Td (At 1 January 2017)Tj -0.028 Tw 17.736 0 Td (13,425)Tj 7.85 0 Td (44,381)Tj 7.85 0 Td (37,655)Tj 0 Tc 0 Tw 10.547 0 Td (\226)Tj 0.028 Tc -0.028 Tw 5.153 0 Td (55,131)Tj 7.266 0 Td (150,592)Tj 0 Tw -56.401 -3.2 Td (Credited/\(Charged\) to )Tj 0 Tc ( )Tj 0.028 Tc T* [( )-721.8 (profit or loss)]TJ -0.028 Tw 18.32 0 Td (7,555)Tj 7.461 0 Td (\(7,120\))Tj 7.85 0 Td (\(3,543\))Tj 7.655 0 Td (18,959)Tj 8.434 0 Td (4,266)Tj 7.266 0 Td (20,117)Tj ET 0.5 w /GS0 gs q 1 0 0 1 223.937 305.1608 cm 0 0 m 39.685 0 l S Q BT /GS1 gs 0 Tc 0 Tw 6.5 0 0 10 259.6466 306.1808 Tm ( )Tj ET /GS0 gs q 1 0 0 1 274.9606 305.1608 cm 0 0 m 39.685 0 l S Q BT /GS1 gs 6.5 0 0 10 310.6703 306.1808 Tm ( )Tj ET /GS0 gs q 1 0 0 1 325.9842 305.1608 cm 0 0 m 39.685 0 l S Q BT /GS1 gs 6.5 0 0 10 361.6939 306.1808 Tm ( )Tj ET /GS0 gs q 1 0 0 1 377.0078 305.1608 cm 0 0 m 39.685 0 l S Q BT /GS1 gs 6.5 0 0 10 412.7175 306.1808 Tm ( )Tj ET /GS0 gs q 1 0 0 1 428.0315 305.1608 cm 0 0 m 39.685 0 l S Q BT /GS1 gs 6.5 0 0 10 463.7411 306.1808 Tm ( )Tj ET /GS0 gs q 1 0 0 1 479.0551 305.1608 cm 0 0 m 39.685 0 l S Q BT /GS1 gs 6.5 0 0 10 514.7648 306.1808 Tm ( )Tj 0.028 Tc -59.57 -3.2 Td (At 31 December 2017)Tj -0.028 Tw 17.736 0 Td (20,980)Tj 7.85 0 Td (37,261)Tj 7.85 0 Td (34,112)Tj 7.85 0 Td (18,959)Tj 7.85 0 Td (59,397)Tj 7.266 0 Td (170,709)Tj ET 2.5 w /GS0 gs q 1 0 0 1 223.937 268.9973 cm 0 0 m 39.685 0 l S Q 0.835 w q 1 0 0 1 223.937 265.6648 cm 0 0 m 39.685 0 l S Q BT /GS1 gs 0 Tc 0 Tw 6.5 0 0 10 259.6466 266.5173 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 274.9606 268.9973 cm 0 0 m 39.685 0 l S Q 0.835 w q 1 0 0 1 274.9606 265.6648 cm 0 0 m 39.685 0 l S Q BT /GS1 gs 6.5 0 0 10 310.6703 266.5173 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 325.9842 268.9973 cm 0 0 m 39.685 0 l S Q 0.835 w q 1 0 0 1 325.9842 265.6648 cm 0 0 m 39.685 0 l S Q BT /GS1 gs 6.5 0 0 10 361.6939 266.5173 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 377.0078 268.9973 cm 0 0 m 39.685 0 l S Q 0.835 w q 1 0 0 1 377.0078 265.6648 cm 0 0 m 39.685 0 l S Q BT /GS1 gs 6.5 0 0 10 412.7175 266.5173 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 428.0315 268.9973 cm 0 0 m 39.685 0 l S Q 0.835 w q 1 0 0 1 428.0315 265.6648 cm 0 0 m 39.685 0 l S Q BT /GS1 gs 6.5 0 0 10 463.7411 266.5173 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 479.0551 268.9973 cm 0 0 m 39.685 0 l S Q 0.835 w q 1 0 0 1 479.0551 265.6648 cm 0 0 m 39.685 0 l S Q BT /GS1 gs 6.5 0 0 10 514.7648 266.5173 Tm ( )Tj 0.028 Tc -59.57 -3.2 Td (At 1 January 2018)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 17.736 0 Td (20,980)Tj 7.85 0 Td (37,261)Tj 7.85 0 Td (34,112)Tj 7.85 0 Td (18,959)Tj 7.85 0 Td (59,397)Tj 7.266 0 Td (170,709)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0 Tw -56.401 -3.2 Td (Credited/\(Charged\) to )Tj 0 Tc ( )Tj 0.028 Tc T* [( )-721.8 (profit or loss)]TJ /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 18.32 0 Td (8,407)Tj 7.461 0 Td (\(5,858\))Tj 7.655 0 Td (13,817)Tj 8.045 0 Td (\(9,406\))Tj 7.071 0 Td (283,763)Tj 7.85 0 Td (290,723)Tj ET 0.5 w q 1 0 0 1 223.937 182.4882 cm 0 0 m 39.685 0 l S Q BT 0 Tc 0 Tw 6.5 0 0 10 259.6466 183.5082 Tm ( )Tj ET q 1 0 0 1 274.9606 182.4882 cm 0 0 m 39.685 0 l S Q BT 6.5 0 0 10 310.6703 183.5082 Tm ( )Tj ET q 1 0 0 1 325.9842 182.4882 cm 0 0 m 39.685 0 l S Q BT 6.5 0 0 10 361.6939 183.5082 Tm ( )Tj ET q 1 0 0 1 377.0078 182.4882 cm 0 0 m 39.685 0 l S Q BT 6.5 0 0 10 412.7175 183.5082 Tm ( )Tj ET q 1 0 0 1 428.0315 182.4882 cm 0 0 m 39.685 0 l S Q BT 6.5 0 0 10 463.7411 183.5082 Tm ( )Tj ET q 1 0 0 1 479.0551 182.4882 cm 0 0 m 39.685 0 l S Q BT 6.5 0 0 10 514.7648 183.5082 Tm ( )Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.028 Tc -59.57 -3.2 Td (At 31 December 2018)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 17.736 0 Td (29,387)Tj 7.85 0 Td (31,403)Tj 7.85 0 Td (47,929)Tj 8.434 0 Td (9,553)Tj 6.682 0 Td (343,160)Tj 7.85 0 Td (461,432)Tj ET 2.5 w q 1 0 0 1 223.937 146.3247 cm 0 0 m 39.685 0 l S Q 0.835 w q 1 0 0 1 223.937 142.9922 cm 0 0 m 39.685 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0 Tc 0 Tw 6.5 0 0 10 259.6466 143.8447 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 274.9606 146.3247 cm 0 0 m 39.685 0 l S Q 0.835 w q 1 0 0 1 274.9606 142.9922 cm 0 0 m 39.685 0 l S Q BT /GS1 gs 6.5 0 0 10 310.6703 143.8447 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 325.9842 146.3247 cm 0 0 m 39.685 0 l S Q 0.835 w q 1 0 0 1 325.9842 142.9922 cm 0 0 m 39.685 0 l S Q BT /GS1 gs 6.5 0 0 10 361.6939 143.8447 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 377.0078 146.3247 cm 0 0 m 39.685 0 l S Q 0.835 w q 1 0 0 1 377.0078 142.9922 cm 0 0 m 39.685 0 l S Q BT /GS1 gs 6.5 0 0 10 412.7175 143.8447 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 428.0315 146.3247 cm 0 0 m 39.685 0 l S Q 0.835 w q 1 0 0 1 428.0315 142.9922 cm 0 0 m 39.685 0 l S Q BT /GS1 gs 6.5 0 0 10 463.7411 143.8447 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 479.0551 146.3247 cm 0 0 m 39.685 0 l S Q 0.835 w q 1 0 0 1 479.0551 142.9922 cm 0 0 m 39.685 0 l S Q BT /GS1 gs 6.5 0 0 10 514.7648 143.8447 Tm ( )Tj ET endstreamendobj476 0 obj<>endobj473 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 37.6388 33.8036 Tm (332)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0.091 Tc 0.078 Tw 14 0 0 14 70.8661 670.2631 Tm [(3)63.2 (2)63.2 ( )-410.1 (INCOME)13.9 ( TAX)13.9 ( IN)14 ( THE)14 ( CONSOLIDATED)14 ( STATEMENT)13.9 ( OF)63.2 ( )]TJ 0.028 Tc 0 Tw 2.025 -1.357 Td (FINANCIAL POSITION)Tj 0 0 0 0.8 k 0.059 Tw 11.5 0 0 11.5 99.2126 617.2631 Tm [(\(a\) )-794.5 (Tax payable/\(recoverable\) in the consolidated statement of financial )]TJ 0 Tw 2.465 -1.565 Td (position represents:)Tj ET 0 0 0 0 k 354.331 581.93 85.039 -16 re 354.331 565.93 85.039 -16 re 354.331 549.93 85.039 -4.01 re 354.331 545.92 85.039 -16 re 354.331 529.92 85.039 -16 re 354.331 513.92 85.039 -16 re 354.331 497.92 85.039 -32 re 354.331 465.92 85.039 -16 re 354.331 449.92 85.039 -3.009 re 354.331 446.911 85.039 -16 re 354.331 430.911 85.039 -32 re 354.331 398.911 85.039 -7.664 re 354.331 391.247 85.039 -16 re 354.331 375.247 85.039 -16 re 354.331 359.247 85.039 -16 re 354.331 343.247 85.039 -16 re 354.331 327.247 85.039 -3.009 re 354.331 324.238 85.039 -16 re 354.331 308.238 85.039 -16 re 354.331 292.238 85.039 -7.664 re 354.331 284.575 85.039 -3.009 re f BT /CS0 cs 1 scn -0.028 Tw 10.5 0 0 10.5 409.4731 567.2631 Tm (2018)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (2017)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 10.5 0 2.8135 10.5 386.5307 551.2631 Tm (RMB\222000)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.265 0 Td (RMB\222000)Tj ET /CS0 CS 1 SCN /GS0 gs q 1 0 0 1 127.559 546.4199 cm 0 0 m 226.772 0 l S Q BT /GS1 gs 0 Tc 0 Tw 10.5 0 0 10.5 127.559 547.2534 Tm ( )Tj ET /GS0 gs q 1 0 0 1 354.3307 546.4199 cm 0 0 m 85.039 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 10.5 0 2.8135 10.5 354.3307 547.2534 Tm ( )Tj ET q 1 0 0 1 439.3701 546.4199 cm 0 0 m 85.039 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 2.8135 10.5 439.3701 547.2534 Tm ( )Tj 0.028 Tc 10.5 0 0 10.5 127.559 515.2534 Tm (Net tax payable/\(recoverable\) at 1 January)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 25.376 0 Td (126,466)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.878 0 Td (\(3,335\))Tj 0 Tw -34.254 -1.524 Td (Provision for the year)Tj 10.5 0 2.8135 10.5 232.5961 499.2534 Tm ( \(note 9\(a\)\))Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 10.5 0 0 10.5 394.0024 499.2534 Tm (964,101)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (831,062)Tj 0 Tw -33.475 -1.524 Td (Underprovision in respect of 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73.701 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tc 0 Tw 10.5 0 0 10.5 354.3307 392.5808 Tm ( )Tj ET 2.5 w q 1 0 0 1 445.0394 394.9973 cm 0 0 m 73.701 0 l S Q 0.835 w q 1 0 0 1 445.0394 391.6648 cm 0 0 m 73.701 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 0 10.5 439.3701 392.5808 Tm ( )Tj 0.028 Tc -0.028 Tw -29.696 -3.048 Td (Representing:)Tj 0 Tw 0 -1.524 TD (Tax payable)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 25.376 0 Td (209,668)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (228,531)Tj 0 Tw -33.475 -1.524 Td (Tax recoverable)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 24.987 0 Td (\(210,578\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (\(102,065\))Tj ET 0.5 w /GS0 gs q 1 0 0 1 360 324.4883 cm 0 0 m 73.701 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tc 0 Tw 10.5 0 0 10.5 354.3307 325.5718 Tm ( )Tj ET q 1 0 0 1 445.0393 324.4883 cm 0 0 m 73.701 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 0 10.5 439.3701 325.5718 Tm ( )Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 0.028 Tc -0.028 Tw -2.652 -3.048 Td (\(910\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 6.43 0 Td (126,466)Tj ET 2.5 w /GS0 gs q 1 0 0 1 360 288.3247 cm 0 0 m 73.701 0 l S Q 0.835 w q 1 0 0 1 360 284.9922 cm 0 0 m 73.701 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tc 0 Tw 10.5 0 0 10.5 354.3307 285.9082 Tm ( )Tj ET 2.5 w q 1 0 0 1 445.0394 288.3247 cm 0 0 m 73.701 0 l S Q 0.835 w q 1 0 0 1 445.0394 284.9922 cm 0 0 m 73.701 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 0 10.5 439.3701 285.9082 Tm ( )Tj ET endstreamendobj474 0 obj<>endobj471 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 536.9537 33.8036 Tm (331)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0 Tw 14 0 0 14 70.8661 670.2631 Tm [(31 )-551.2 (OBLIGATIONS UNDER FINANCE LEASES)]TJ 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.04 Tc 0.08 Tw 10.5 0 0 10.5 99.2126 638.2631 Tm [(As)12.2 ( at)12.2 ( )0.5 (3)12.2 (1)12.2 ( December)12.2 (,)12.1 ( )0.5 (the)12.2 ( Group)12.2 ( had)12.2 ( )0.5 (obligations)12.2 ( under)12.2 ( finance)12.2 ( leases)12.1 ( )0.5 (repayable)12.2 ( )0.5 (as)12.2 ( )]TJ 0.028 Tc -0.028 Tw 0 -1.524 TD (follows:)Tj ET 0 0 0 0 k /GS0 gs 240.945 604.93 141.732 -16 re 240.945 588.93 141.732 -3.009 re 240.945 585.921 70.866 -48 re 311.811 585.921 70.866 -48 re 240.945 537.921 70.866 -16 re 311.811 537.921 70.866 -16 re 240.945 521.921 70.866 -3.508 re 311.811 521.921 70.866 -3.508 re 240.945 518.413 70.866 -16 re 311.811 518.413 70.866 -16 re 240.945 502.413 70.866 -16 re 311.811 502.413 70.866 -16 re 240.945 486.413 70.866 -3.009 re 311.811 486.413 70.866 -3.009 re 240.945 483.404 70.866 -16 re 311.811 483.404 70.866 -16 re 240.945 467.404 70.866 -16 re 311.811 467.404 70.866 -16 re 240.945 451.404 70.866 -16 re 311.811 451.404 70.866 -16 re 240.945 435.404 70.866 -16 re 311.811 435.404 70.866 -16 re 240.945 419.404 70.866 -3.009 re 311.811 419.404 70.866 -3.009 re 240.945 416.395 70.866 -16 re 311.811 416.395 70.866 -16 re 240.945 400.395 70.866 -16 re 311.811 400.395 70.866 -16 re 240.945 384.395 70.866 -7.664 re 311.811 384.395 70.866 -7.664 re 240.945 376.731 70.866 -16 re 311.811 376.731 70.866 -16 re 240.945 360.731 70.866 -16 re 311.811 360.731 70.866 -16 re 240.945 344.731 70.866 -7.664 re 311.811 344.731 70.866 -7.664 re 240.945 337.067 70.866 -16 re 311.811 337.067 70.866 -16 re 240.945 321.067 70.866 -32 re 311.811 321.067 70.866 -32 re 240.945 289.067 70.866 -3.009 re 311.811 289.067 70.866 -3.009 re 240.945 286.058 70.866 -16 re 311.811 286.058 70.866 -16 re 240.945 270.058 70.866 -32 re 311.811 270.058 70.866 -32 re 240.945 238.058 70.866 -7.664 re 311.811 238.058 70.866 -7.664 re 240.945 230.395 70.866 -16 re 311.811 230.395 70.866 -16 re 240.945 214.395 70.866 -16 re 311.811 214.395 70.866 -16 re 240.945 198.395 70.866 -16 re 311.811 198.395 70.866 -16 re 240.945 182.395 70.866 -16 re 311.811 182.395 70.866 -16 re 240.945 166.395 70.866 -7.664 re 311.811 166.395 70.866 -7.664 re 240.945 158.731 70.866 -3.009 re 311.811 158.731 70.866 -3.009 re f BT /CS0 cs 1 scn /T1_1 1 Tf 7.875 0 0 10.5 302.1442 590.2631 Tm (2018)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 17.998 0 Td (2017)Tj ET /CS0 CS 1 SCN 0.5 w /GS0 gs q 1 0 0 1 246.6142 586.1705 cm 0 0 m 130.394 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tc 0 Tw 7.875 0 0 10.5 240.9449 587.254 Tm ( )Tj ET q 1 0 0 1 388.3465 586.1705 cm 0 0 m 136.063 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.875 0 0 10.5 382.6772 587.254 Tm ( )Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 0.028 Tc -16.555 -1.524 Td (Present value )Tj -0.97 -1.524 Td (of the minimum )Tj -0.003 -1.524 Td (lease payments)Tj 9.363 1.524 Td (Total minimum )Tj -0.364 -1.524 Td (lease payments)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.417 3.048 Td (Present value )Tj -0.805 -1.524 Td (of the minimum )Tj -0.223 -1.524 Td (lease payments)Tj 9.584 1.524 Td (Total minimum )Tj -0.585 -1.524 Td (lease payments)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 7.875 0 2.8135 10.5 270.4948 523.2541 Tm (RMB\222000)Tj 8.999 0 Td (RMB\222000)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 9.165 0 Td (RMB\222000)Tj 8.999 0 Td (RMB\222000)Tj ET 1 w /GS0 gs q 1 0 0 1 99.2126 518.9126 cm 0 0 m 141.732 0 l S Q BT /GS1 gs 0 Tc 0 Tw 7.875 0 0 10.5 99.2126 519.7461 Tm ( )Tj ET /GS0 gs q 1 0 0 1 240.9449 518.9126 cm 0 0 m 70.866 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 7.875 0 0 10.5 306.9947 519.7461 Tm ( )Tj ET q 1 0 0 1 311.811 518.9126 cm 0 0 m 70.866 0 l S Q BT 7.875 0 0 10.5 377.8608 519.7461 Tm ( )Tj ET q 1 0 0 1 382.6772 518.9126 cm 0 0 m 70.866 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.875 0 0 10.5 448.727 519.7461 Tm ( )Tj ET /GS0 gs q 1 0 0 1 453.5433 518.9126 cm 0 0 m 70.866 0 l S Q BT /GS1 gs 7.875 0 0 10.5 519.5931 519.7461 Tm ( )Tj 0.028 Tc -53.382 -3.048 Td (Within 1 year)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 23.08 0 Td (53,945)Tj 8.999 0 Td (72,894)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.999 0 Td (46,000)Tj 8.999 0 Td (67,213)Tj ET 0.5 w /GS0 gs q 1 0 0 1 246.6142 483.6536 cm 0 0 m 59.528 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tc 0 Tw 7.875 0 0 10.5 240.9449 484.7371 Tm ( )Tj ET q 1 0 0 1 317.4803 483.6536 cm 0 0 m 59.528 0 l S Q BT 7.875 0 0 10.5 311.811 484.7371 Tm ( )Tj ET q 1 0 0 1 388.3465 483.6536 cm 0 0 m 59.528 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.875 0 0 10.5 382.6772 484.7371 Tm ( )Tj ET /GS0 gs q 1 0 0 1 459.2126 483.6536 cm 0 0 m 59.528 0 l S Q BT /GS1 gs 7.875 0 0 10.5 453.5433 484.7371 Tm ( )Tj 0.028 Tc -44.994 -3.048 Td (After 1 year but within 2 years)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 23.08 0 Td (65,978)Tj 8.999 0 Td (82,287)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.999 0 Td (53,945)Tj 8.999 0 Td (72,894)Tj 0 Tw -50.076 -1.524 Td (After 2 years but within 5 years)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 22.496 0 Td (197,500)Tj 8.999 0 Td (226,643)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.999 0 Td (210,000)Tj 8.999 0 Td (249,189)Tj 0 Tw -49.493 -1.524 Td (After 5 years)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 23.08 0 Td (98,000)Tj 8.415 0 Td (102,774)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.999 0 Td (151,000)Tj 8.999 0 Td (162,037)Tj ET /GS0 gs q 1 0 0 1 246.6142 416.6445 cm 0 0 m 59.528 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tc 0 Tw 7.875 0 0 10.5 240.9449 417.728 Tm ( )Tj ET q 1 0 0 1 317.4803 416.6445 cm 0 0 m 59.528 0 l S Q BT 7.875 0 0 10.5 311.811 417.728 Tm ( )Tj ET q 1 0 0 1 388.3465 416.6445 cm 0 0 m 59.528 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.875 0 0 10.5 382.6772 417.728 Tm ( )Tj ET /GS0 gs q 1 0 0 1 459.2126 416.6445 cm 0 0 m 59.528 0 l S Q BT /GS1 gs 7.875 0 0 10.5 453.5433 417.728 Tm ( )Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 0.028 Tc -0.028 Tw -22.498 -3.048 Td (361,478)Tj 8.999 0 Td (411,704)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.999 0 Td (414,945)Tj 8.999 0 Td (484,120)Tj ET 2.5 w /GS0 gs q 1 0 0 1 246.6142 380.481 cm 0 0 m 59.528 0 l S Q 0.835 w q 1 0 0 1 246.6142 377.1485 cm 0 0 m 59.528 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tc 0 Tw 7.875 0 0 10.5 240.9449 378.0645 Tm ( )Tj ET 2.5 w q 1 0 0 1 317.4803 380.481 cm 0 0 m 59.528 0 l S Q 0.835 w q 1 0 0 1 317.4803 377.1485 cm 0 0 m 59.528 0 l S Q BT 7.875 0 0 10.5 311.811 378.0645 Tm ( )Tj ET 2.5 w q 1 0 0 1 388.3465 380.481 cm 0 0 m 59.528 0 l S Q 0.835 w q 1 0 0 1 388.3465 377.1485 cm 0 0 m 59.528 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.875 0 0 10.5 382.6772 378.0645 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 459.2126 380.481 cm 0 0 m 59.528 0 l S Q 0.835 w q 1 0 0 1 459.2126 377.1485 cm 0 0 m 59.528 0 l S Q BT /GS1 gs 7.875 0 0 10.5 453.5433 378.0645 Tm ( )Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 0.028 Tc -0.028 Tw -22.498 -3.048 Td (415,423)Tj 8.999 0 Td (484,598)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.999 0 Td (460,945)Tj 8.999 0 Td (551,333)Tj ET 2.5 w /GS0 gs q 1 0 0 1 246.6142 340.8174 cm 0 0 m 59.528 0 l S Q 0.835 w q 1 0 0 1 246.6142 337.4849 cm 0 0 m 59.528 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tc 0 Tw 7.875 0 0 10.5 240.9449 338.4009 Tm ( )Tj ET 2.5 w q 1 0 0 1 388.3465 340.8174 cm 0 0 m 59.528 0 l S Q 0.835 w q 1 0 0 1 388.3465 337.4849 cm 0 0 m 59.528 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.875 0 0 10.5 382.6772 338.4009 Tm ( )Tj 0.028 Tc -35.996 -3.048 Td (Less: Total future interest)Tj 0 Tc ( )Tj 0.028 Tc -0.028 Tw 3.996 -1.524 Td (expenses)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 27.695 0 Td (\(69,175\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 17.998 0 Td (\(90,388\))Tj ET 0.5 w /GS0 gs q 1 0 0 1 317.4803 286.3083 cm 0 0 m 59.528 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tc 0 Tw 7.875 0 0 10.5 311.811 287.3918 Tm ( )Tj ET q 1 0 0 1 459.2126 286.3083 cm 0 0 m 59.528 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.875 0 0 10.5 453.5433 287.3918 Tm ( )Tj 0.028 Tc -44.994 -3.048 Td (Present value of finance lease )Tj 0 Tc ( )Tj 0.028 Tc 0.722 Tw T* ( obligations)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 31.495 0 Td (415,423)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 17.998 0 Td (460,945)Tj ET 2.5 w /GS0 gs q 1 0 0 1 317.4803 234.1448 cm 0 0 m 59.528 0 l S Q 0.835 w q 1 0 0 1 317.4803 230.8123 cm 0 0 m 59.528 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tc 0 Tw 7.875 0 0 10.5 311.811 231.7283 Tm ( 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obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 37.6388 33.8036 Tm (330)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0 Tw 14 0 0 14 70.8661 670.2631 Tm [(30 )-551.2 (OTHER CURRENT LIABILITIES)]TJ ET 0 0 0 0 k 354.331 652.93 85.039 -16 re 354.331 636.93 85.039 -16 re 354.331 620.93 85.039 -4.01 re 354.331 616.92 85.039 -16 re 354.331 600.92 85.039 -32 re 354.331 568.92 85.039 -16 re 354.331 552.92 85.039 -16 re 354.331 536.92 85.039 -16 re 354.331 520.92 85.039 -16 re 354.331 504.92 85.039 -32 re 354.331 472.92 85.039 -16 re 354.331 456.92 85.039 -16 re 354.331 440.92 85.039 -16 re 354.331 424.92 85.039 -16 re 354.331 408.92 85.039 -16 re 354.331 392.92 85.039 -16 re 354.331 376.92 85.039 -3.009 re 354.331 373.911 85.039 -16 re 354.331 357.911 85.039 -16 re 354.331 341.911 85.039 -7.664 re 354.331 334.247 85.039 -3.009 re f BT /CS0 cs 1 scn -0.028 Tw 10.5 0 0 10.5 409.4731 638.2631 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l S Q 0.835 w q 1 0 0 1 445.0394 169.307 cm 0 0 m 73.701 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 0 10.5 439.3701 170.223 Tm ( )Tj 0.05 Tc 0.078 Tw -32.396 -3.207 Td [(As)13.8 ( at)13.9 ( 3)13.8 (1)13.8 ( December)13.8 ( 2)13.8 (0)13.8 (1)13.8 (8)13.8 ( and)13.8 ( 2)13.8 (0)13.8 (1)13.8 (7)13.8 (,)13.8 ( all)13.8 ( trade)13.8 ( and)13.9 ( bills)13.8 ( payables)13.8 ( are)13.8 ( payable)13.8 ( and)22.2 ( )]TJ 0.028 Tc 0 Tw T* (expected to be settled within one year.)Tj ET endstreamendobj488 0 obj<>endobj485 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 37.6388 33.8036 Tm (328)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0 Tw 14 0 0 14 70.8661 670.2631 Tm [(28 )-551.2 (BORROWINGS \(Continued\))]TJ 0 0 0 0.8 k 11.5 0 0 11.5 99.2126 636.2631 Tm [(\(e\) )-853.5 (Significant terms of other borrowings: \(Continued\))]TJ 0 0 0 1 k /GS1 gs /T1_2 1 Tf 1.422 Tw 10.5 0 0 10.5 127.5591 604.2631 Tm (\(i\) \(Continued\))Tj 0.092 Tc 0.078 Tw 2.7 -3.048 Td [(On)13.8 ( 2)13.7 (5)13.7 ( August)13.7 ( 2)13.8 (0)13.7 (1)13.7 (6)13.8 (,)13.7 ( the)13.7 ( Company)13.7 ( issued)13.8 ( a)13.7 ( three)13.8 (-)13.7 (year)13.8 ( unsecured)64.2 ( )]TJ 0.037 Tc 0.083 Tw 0 -1.524 TD [(corporate)9.2 ( )0.5 (bond)9.2 ( of)9.2 ( )0.5 (RMB)9.1 (2)9.2 (,)9.3 (0)9.2 (0)9.2 (0)9.2 ( million)9.2 ( )0.5 (at)9.2 ( par)9.2 ( with)9.2 ( a)9.2 ( )0.5 (coupon)9.2 ( rate)9.2 ( of)9.2 ( )0.5 (3)9.2 (.)9.2 (2)9.2 (5)9.2 (%)9.2 ( )]TJ 0.028 Tc 0 Tw T* (per annum. The effective interest rate is 3.75%.)Tj 0.043 Tc 0.077 Tw 0 -3.048 TD [(O)0.5 (n)14.4 ( 1)14.4 (6)14.4 ( M)0.5 (a)0.5 (y)14.4 ( 2)14.4 (0)14.4 (1)14.4 (7)14.4 (,)14.4 ( t)0.5 (h)0.5 (e)14.4 ( C)0.5 (o)0.5 (m)0.5 (p)0.5 (a)0.5 (n)0.5 (y)14.4 ( i)0.5 (s)0.5 (s)0.5 (u)0.5 (e)0.5 (d)14.4 ( a)14.3 ( f)0.5 (i)0.5 (v)0.5 (e)14.4 (-)14.4 (y)0.5 (e)0.5 (a)0.5 (r)14.4 ( u)0.5 (n)0.5 (s)0.5 (ec)0.5 (u)0.5 (r)0.5 (e)0.5 (d)14.4 ( c)0.5 (o)0.5 (r)0.5 (p)0.5 (o)0.5 (r)0.5 (a)0.5 (t)0.5 (e)15.2 ( )]TJ 0.028 Tc 0.047 Tw 0 -1.524 TD [(bond )0.5 (of RMB2,000 )0.5 (million at )0.5 (par )0.5 (with a )0.5 (coupon )0.5 (rate of )0.5 (4.90% )0.5 (per annum. )]TJ 0 Tw T* (The effective interest rate is 4.98%.)Tj 0.096 Tc 0.078 Tw 0 -3.048 TD [(On)13.5 ( 1)13.5 ( August)13.5 ( 2)13.5 (0)13.5 (1)13.5 (7)13.6 (,)13.5 ( the)13.5 ( Company)13.5 ( issued)13.5 ( a)13.5 ( seven)13.5 (-)13.5 (year)13.5 ( unsecured)68.2 ( )]TJ 0.037 Tc 0.083 Tw 0 -1.524 TD [(corporate)9.2 ( )0.5 (bond)9.2 ( of)9.2 ( )0.5 (RMB)9.1 (3)9.3 (,)9.2 (0)9.2 (0)9.2 (0)9.2 ( million)9.2 ( )0.5 (at)9.2 ( par)9.2 ( with)9.2 ( a)9.2 ( )0.5 (coupon)9.2 ( rate)9.2 ( of)9.2 ( )0.5 (4)9.2 (.)9.2 (7)9.2 (8)9.2 (%)9.2 ( )]TJ 0.028 Tc 0 Tw 0 -1.524 TD (per annum. The effective interest rate is 4.84%.)Tj 0.013 Tw 0 -3.048 TD (On 23 April 2018, the Company issued a seven-year unsecured corporate )Tj 0.047 Tw 0 -1.524 TD [(bond )0.5 (of RMB3,000 )0.5 (million at )0.5 (par )0.5 (with a )0.5 (coupon )0.5 (rate of )0.5 (4.83% )0.5 (per annum. )]TJ 0 Tw T* (The effective interest rate is 4.89%.)Tj 0.074 Tc 0.078 Tw 0 -3.048 TD [(On)14.1 ( )0.5 (4)14.1 ( December)14.2 ( 2)14.1 (0)14.2 (1)14.2 (8)14.1 (,)14.2 ( the)14.2 ( Company)14.2 ( issued)14.2 ( a)14.2 ( three)14.2 (-)14.2 (year)14.2 ( unsecured)46.2 ( )]TJ 0.037 Tc 0.083 Tw 0 -1.524 TD [(corporate)9.2 ( )0.5 (bond)9.2 ( of)9.2 ( )0.5 (RMB)9.1 (3)9.3 (,)9.2 (0)9.2 (0)9.2 (0)9.2 ( million)9.2 ( )0.5 (at)9.2 ( par)9.2 ( with)9.2 ( a)9.2 ( )0.5 (coupon)9.2 ( rate)9.2 ( of)9.2 ( )0.5 (3)9.2 (.)9.2 (9)9.2 (6)9.2 (%)9.2 ( )]TJ 0.028 Tc 0 Tw T* (per annum. The effective interest rate is 4.08%.)Tj 0.09 Tw -2.7 -3.048 Td [(\(ii\) )-1082.6 (Short-term financing bonds represented a series of unsecured corporate )]TJ 0.052 Tc 0.078 Tw 2.7 -1.524 Td [(bonds)14.3 ( )0.6 (with)14.3 ( )0.6 (the)14.3 ( )0.6 (coupon)14.2 ( )0.6 (rates)14.3 ( )0.5 (from)14.3 ( )0.5 (2)14.3 (.)14.3 (6)14.3 (3)14.2 (%)14.3 ( )0.6 (to)14.2 ( )0.6 (4)14.3 (.)14.3 (2)14.2 (7)14.3 (%)14.3 ( )0.5 (issued)14.3 ( )0.5 (in)14.3 ( )0.5 (2)14.3 (0)14.3 (1)14.2 (7)14.3 ( )0.6 (and)24.3 ( )]TJ 0.027 Tc 0 Tw T* (2018. The effective interest rates of these bonds are from 2.64% to 4.58\%.)Tj ET endstreamendobj486 0 obj<>endobj483 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 536.9537 33.8036 Tm (327)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0 Tw 14 0 0 14 70.8661 670.2631 Tm [(28 )-551.2 (BORROWINGS \(Continued\))]TJ 0 0 0 0.8 k 11.5 0 0 11.5 99.2126 636.2631 Tm [(\(e\) )-853.5 (Significant terms of other borrowings:)]TJ 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.038 Tc 0.082 Tw 10.5 0 0 10.5 127.5591 604.2631 Tm [(\()10.2 (i)10.2 (\))10.2 ( )-1330.3 (On)10.2 ( 1)10.2 (0)10.2 ( )0.5 (December)10.2 ( )0.5 (2)10.2 (0)10.2 (1)10.1 (0)10.2 (,)10.2 ( )0.5 (the)10.2 ( )0.5 (Company)10.2 ( )0.5 (issued)10.2 ( a)10.2 ( )0.5 (ten)10.2 (-)10.2 (year)10.2 ( corporate)10.2 ( )0.5 (bond)10.2 ( )]TJ 0.028 Tc 0.023 Tw 2.7 -1.524 Td (of RMB2,000 million at par with a coupon rate of 5.05% per annum, which \)Tj 0.036 Tc 0.084 Tw 0 -1.524 TD [(is)8.2 ( guaranteed)8.2 ( )0.5 (by)8.2 ( CHN)8.2 ( )0.5 (Energy)8.2 (.)8.2 ( The)8.2 ( effective)8.2 ( )0.5 (interest)8.2 ( )0.5 (rate)8.2 ( )0.5 (of)8.2 ( )0.5 (the)8.2 ( )0.5 (bond)8.2 ( )0.5 (is)8.2 ( )]TJ 0.028 Tc -0.028 Tw T* (5.15%.)Tj 0.036 Tc 0.084 Tw 0 -3.048 TD [(On)8.2 ( 2)8.2 (1)8.2 ( )0.5 (January)8.2 ( 2)8.2 (0)8.2 (1)8.2 (1)8.2 (,)8.2 ( )0.5 (the)8.2 ( )0.5 (Company)8.2 ( )0.5 (issued)8.2 ( a)8.2 ( )0.5 (ten)8.2 (-)8.2 (year)8.2 ( )0.5 (corporate)8.2 ( )0.5 (bond)8.2 ( )0.5 (of)8.2 ( )]TJ 0.028 Tc 0.032 Tw 0 -1.524 TD (RMB1,500 million at par with a coupon rate of 5.04% per annum, which is \)Tj 0 Tw T* (guaranteed by CHN Energy. The effective interest rate is 5.14%.)Tj 0.072 Tc 0.078 Tw 0 -3.048 TD [(On)14 ( 2)14 (9)14.1 ( September)14 ( 2)14.1 (0)14 (1)14.1 (5)14 (,)14 ( the)14.1 ( Company)14 ( issued)14 ( a)14.1 ( five)14.1 (-)14 (year)14 ( unsecured)44.2 ( )]TJ 0.037 Tc 0.083 Tw 0 -1.524 TD [(corporate)9.2 ( )0.5 (bond)9.2 ( of)9.2 ( )0.5 (RMB)9.1 (3)9.2 (,)9.3 (0)9.2 (0)9.2 (0)9.2 ( million)9.2 ( )0.5 (at)9.2 ( par)9.2 ( with)9.2 ( a)9.2 ( )0.5 (coupon)9.2 ( rate)9.2 ( of)9.2 ( )0.5 (3)9.2 (.)9.2 (7)9.2 (5)9.2 (%)9.2 ( )]TJ 0.031 Tc 0.089 Tw 0 -1.524 TD [(p)0.5 (e)0.5 (r)3.2 ( )0.5 (a)0.5 (n)0.5 (n)0.5 (u)0.5 (m)3.2 (.)3.2 ( )0.5 (T)0.5 (h)0.5 (e)3.2 ( )0.5 (e)0.5 (f)0.5 (f)0.5 (ec)0.6 (t)0.5 (i)0.5 (v)0.5 (e)3.2 ( i)0.6 (n)0.5 (t)0.5 (e)0.5 (r)0.5 (e)0.5 (s)0.5 (t)3.2 ( r)0.5 (a)0.6 (t)0.5 (e)3.2 ( i)0.5 (s)3.2 ( )0.5 (3)3.2 (.)3.2 (8)3.2 (6)3.3 (%)3.2 (.)3.2 ( O)0.5 (n)3.2 ( )0.5 (2)3.2 (7)3.2 ( )0.5 (S)0.5 (e)0.5 (p)0.5 (t)0.5 (e)0.5 (m)0.5 (b)0.5 (e)0.5 (r)3.2 ( )0.5 (2)3.2 (0)3.2 (1)3.2 (8)3.2 (,)3.2 ( )]TJ 0.028 Tc 0 Tw 0 -1.524 TD (the Company repaid the corporate bond amounting to RMB748,338,000.)Tj 0.048 Tc 0.078 Tw 0 -3.048 TD [(On)13.8 ( 2)13.9 (2)13.8 ( October)13.8 ( 2)13.8 (0)13.9 (1)13.9 (5)13.9 (,)13.9 ( a)13.9 ( subsidiary)13.8 ( of)13.9 ( the)13.9 ( Company)13.9 (,)13.9 ( LongYuan)13.8 ( Canada)20.2 ( )]TJ 0.028 Tc 0.079 Tw 0 -1.524 TD (Renewables Limited, issued an eighteen-year unsecured corporate bond )Tj 0.051 Tc 0.078 Tw T* [(of)14 ( CAD)13.9 (2)14 (0)14 (0)13.9 ( million)13.9 ( at)14 ( par)14 ( with)14 ( a)13.9 ( coupon)13.9 ( rate)14 ( of)13.9 ( 4)13.9 (.)14 (3)13.9 (2)14 (%)14 ( per)14 ( annum)14 (.)13.9 ( The)23.2 ( )]TJ 0.028 Tc 0.03 Tw T* (effective interest rate is 4.32%. As at 31 December 2018, CAD24,034,000 \)Tj 0 Tw T* (of the corporate bond was repaid.)Tj 0.098 Tc 0.078 Tw 0 -3.048 TD [(On)14.1 ( 2)14.1 (2)14.1 ( January)14.1 ( 2)14.1 (0)14 (1)14.1 (6)14.1 (,)14.1 ( the)14.1 ( Company)14.1 ( issued)14.1 ( a)14.1 ( five)14.1 (-)14 (year)14.1 ( unsecured)70.2 ( )]TJ 0.037 Tc 0.083 Tw 0 -1.524 TD [(corporate)9.2 ( )0.5 (bond)9.2 ( of)9.2 ( )0.5 (RMB)9.1 (3)9.2 (,)9.3 (7)9.2 (0)9.2 (0)9.2 ( million)9.2 ( )0.5 (at)9.2 ( par)9.2 ( with)9.2 ( a)9.2 ( )0.5 (coupon)9.2 ( rate)9.2 ( of)9.2 ( )0.5 (3)9.2 (.)9.2 (2)9.2 (8)9.2 (%)9.2 ( )]TJ 0.028 Tc 0 Tw T* (per annum. The effective interest rate is 3.39%.)Tj 0.1 Tc 0.077 Tw 0 -3.048 TD [(O)0.5 (n)14.4 ( 1)14.4 (7)14.4 ( M)0.5 (a)0.5 (r)0.5 (c)0.5 (h)14.4 ( 2)14.4 (0)14.4 (1)14.4 (6)14.4 (,)14.4 ( t)0.5 (h)0.5 (e)14.4 ( C)0.5 (o)0.5 (m)0.5 (p)0.5 (a)0.5 (n)0.5 (y)14.4 ( i)0.5 (s)0.5 (s)0.5 (u)0.5 (e)0.5 (d)14.4 ( a)14.4 ( t)0.5 (h)0.5 (r)0.5 (e)0.5 (e)14.4 (-)14.4 (y)0.5 (e)0.5 (a)0.5 (r)14.4 ( u)0.5 (n)0.5 (s)0.5 (e)0.5 (c)0.5 (u)0.5 (r)0.5 (e)0.5 (d)72.2 ( )]TJ 0.037 Tc 0.083 Tw 0 -1.524 TD [(corporate)9.2 ( )0.5 (bond)9.2 ( of)9.2 ( )0.5 (RMB)9.1 (1)9.2 (,)9.3 (0)9.2 (0)9.2 (0)9.2 ( million)9.2 ( )0.5 (at)9.2 ( par)9.2 ( with)9.2 ( a)9.2 ( )0.5 (coupon)9.2 ( rate)9.2 ( of)9.2 ( )0.5 (3)9.2 (.)9.2 (2)9.2 (5)9.2 (%)9.2 ( )]TJ 0.028 Tc 0 Tw T* (per annum. The effective interest rate is 3.75%.)Tj ET endstreamendobj484 0 obj<>endobj481 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 37.6388 33.8036 Tm (326)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0 Tw 14 0 0 14 70.8661 670.2631 Tm [(28 )-551.2 (BORROWINGS \(Continued\))]TJ 0 0 0 0.8 k 11.5 0 0 11.5 99.2126 636.2631 Tm [(\(c\) )-853.5 (The effective interest rates per annum on borrowings are as follows:)]TJ ET 0 0 0 0 k 354.331 618.93 85.039 -16 re 354.331 602.93 85.039 -4.01 re 354.331 598.92 85.039 -16 re 354.331 582.92 85.039 -16 re 354.331 566.92 85.039 -16 re 354.331 550.92 85.039 -16 re 354.331 534.92 85.039 -16 re 354.331 518.92 85.039 -16 re 354.331 502.92 85.039 -16 re 354.331 486.92 85.039 -16 re 354.331 470.92 85.039 -16 re 354.331 454.92 85.039 -16 re 354.331 438.92 85.039 -16 re 354.331 422.92 85.039 -3.009 re f BT /CS0 cs 1 scn -0.028 Tw 9.45 0 0 10.5 411.8958 604.2631 Tm (2018)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.999 0 Td (2017)Tj ET /CS0 CS 1 SCN /GS0 gs q 1 0 0 1 127.559 599.4199 cm 0 0 m 226.772 0 l S Q BT /GS1 gs 0 Tc 0 Tw 9.45 0 0 10.5 127.559 600.2534 Tm ( )Tj ET /GS0 gs q 1 0 0 1 354.3307 599.4199 cm 0 0 m 85.039 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 9.45 0 2.8135 10.5 354.3307 600.2534 Tm ( )Tj ET q 1 0 0 1 439.3701 599.4199 cm 0 0 m 85.039 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 9.45 0 2.8135 10.5 439.3701 600.2534 Tm ( )Tj /T1_1 1 Tf 0.028 Tc -0.028 Tw 9.45 0 0 10.5 127.559 568.2534 Tm (Long-term)Tj /T1_2 1 Tf 0 Tw 0 -1.524 TD (Bank loans)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 25.308 0 Td (0.75%\22610.80%)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 9.055 0 Td (0.75%\22612.10%)Tj 0 Tw -34.363 -1.524 Td (Other borrowings)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 25.892 0 Td (3.39%\2265.15%)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 9.055 0 Td (3.28%\2265.15%)Tj 0 Tw -34.947 -1.524 Td (Loans from fellow subsidiaries)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 25.892 0 Td (4.75%\2266.00%)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 12.557 0 Td (6.00%)Tj /T1_1 1 Tf -38.449 -3.048 Td (Short-term)Tj /T1_2 1 Tf 0 Tw 0 -1.524 TD (Bank loans)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 25.892 0 Td (1.94%\2264.90%)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 9.055 0 Td (1.00%\2266.30%)Tj 0 Tw -34.947 -1.524 Td (Loans from other financial institutions)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 29.45 0 Td (5.70%)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.999 0 Td (5.70%)Tj 0 Tw -38.449 -1.524 Td (Other borrowings)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 25.892 0 Td (2.64%\2264.58%)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 9.055 0 Td (3.75%\2265.15%)Tj 0 Tw -34.947 -1.524 Td (Loans from fellow subsidiaries)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 25.892 0 Td (4.35%\2264.57%)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 9.055 0 Td (3.92%\2264.13%)Tj 0 0 0 0.8 k /GS0 gs /T1_1 1 Tf 0 Tw 11.5 0 0 11.5 99.2126 388.5779 Tm [(\(d\) )-798.5 (The long-term borrowings are repayable as follows:)]TJ ET 0 0 0 0 k 354.331 371.244 85.039 -16 re 354.331 355.244 85.039 -16 re 354.331 339.244 85.039 -4.01 re 354.331 335.235 85.039 -16 re 354.331 319.235 85.039 -16 re 354.331 303.235 85.039 -16 re 354.331 287.235 85.039 -16 re 354.331 271.235 85.039 -16 re 354.331 255.235 85.039 -3.009 re 354.331 252.226 85.039 -16 re 354.331 236.226 85.039 -16 re 354.331 220.226 85.039 -7.664 re 354.331 212.562 85.039 -3.009 re f BT /CS0 cs 1 scn -0.028 Tw 10.5 0 0 10.5 409.4731 356.5779 Tm (2018)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (2017)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 10.5 0 2.8135 10.5 386.5307 340.5779 Tm (RMB\222000)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.265 0 Td (RMB\222000)Tj ET /GS0 gs q 1 0 0 1 127.559 335.7347 cm 0 0 m 226.772 0 l S Q BT /GS1 gs 0 Tc 0 Tw 10.5 0 0 10.5 127.559 336.5682 Tm ( )Tj ET /GS0 gs q 1 0 0 1 354.3307 335.7347 cm 0 0 m 85.039 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 10.5 0 2.8135 10.5 354.3307 336.5682 Tm ( )Tj ET q 1 0 0 1 439.3701 335.7347 cm 0 0 m 85.039 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 2.8135 10.5 439.3701 336.5682 Tm ( )Tj 0.028 Tc 10.5 0 0 10.5 127.559 304.5682 Tm (Within 1 year or on demand)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 24.486 0 Td (5,273,111)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (2,409,942)Tj 0 Tw -32.585 -1.524 Td (After 1 year but within 2 years)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 24.486 0 Td (7,269,555)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (4,893,746)Tj 0 Tw -32.585 -1.524 Td (After 2 years but within 5 years)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 23.902 0 Td (25,903,910)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (22,135,500)Tj 0 Tw -32.001 -1.524 Td (After 5 years)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 23.902 0 Td (13,471,419)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (14,590,931)Tj ET 0.5 w /GS0 gs q 1 0 0 1 360 252.4756 cm 0 0 m 73.701 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tc 0 Tw 10.5 0 0 10.5 354.3307 253.5591 Tm ( )Tj ET q 1 0 0 1 445.0393 252.4756 cm 0 0 m 73.701 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 0 10.5 439.3701 253.5591 Tm ( )Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 0.028 Tc -0.028 Tw -5.794 -3.048 Td (51,917,995)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (44,030,119)Tj ET 2.5 w /GS0 gs q 1 0 0 1 360 216.3121 cm 0 0 m 73.701 0 l S Q 0.835 w q 1 0 0 1 360 212.9796 cm 0 0 m 73.701 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tc 0 Tw 10.5 0 0 10.5 354.3307 213.8956 Tm ( )Tj ET 2.5 w q 1 0 0 1 445.0394 216.3121 cm 0 0 m 73.701 0 l S Q 0.835 w q 1 0 0 1 445.0394 212.9796 cm 0 0 m 73.701 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 0 10.5 439.3701 213.8956 Tm ( )Tj ET endstreamendobj482 0 obj<>endobj479 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 536.9537 33.8036 Tm (325)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0 Tw 14 0 0 14 70.8661 670.2631 Tm [(28 )-551.2 (BORROWINGS \(Continued\))]TJ 0 0 0 0.8 k 11.5 0 0 11.5 99.2126 636.2631 Tm [(\(b\) )-798.5 (The short-term interest-bearing borrowings comprise:)]TJ ET 0 0 0 0 k 354.331 618.93 85.039 -16 re 354.331 602.93 85.039 -16 re 354.331 586.93 85.039 -4.01 re 354.331 582.92 85.039 -16 re 354.331 566.92 85.039 -16 re 354.331 550.92 85.039 -16 re 354.331 534.92 85.039 -16 re 354.331 518.92 85.039 -32 re 354.331 486.92 85.039 -16 re 354.331 470.92 85.039 -16 re 354.331 454.92 85.039 -16 re 354.331 438.92 85.039 -16 re 354.331 422.92 85.039 -16 re 354.331 406.92 85.039 -32 re 354.331 374.92 85.039 -16 re 354.331 358.92 85.039 -16 re 354.331 342.92 85.039 -3.009 re 354.331 339.911 85.039 -16 re 354.331 323.911 85.039 -16 re 354.331 307.911 85.039 -7.664 re 354.331 300.247 85.039 -3.009 re f BT /CS0 cs 1 scn -0.028 Tw 10.5 0 0 10.5 409.4731 604.2631 Tm (2018)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (2017)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 10.5 0 2.8135 10.5 386.5307 588.2631 Tm (RMB\222000)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.265 0 Td (RMB\222000)Tj ET /CS0 CS 1 SCN /GS0 gs q 1 0 0 1 127.559 583.4199 cm 0 0 m 226.772 0 l S Q BT /GS1 gs 0 Tc 0 Tw 10.5 0 0 10.5 127.559 584.2534 Tm ( )Tj ET /GS0 gs q 1 0 0 1 354.3307 583.4199 cm 0 0 m 85.039 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 10.5 0 2.8135 10.5 354.3307 584.2534 Tm ( )Tj ET q 1 0 0 1 439.3701 583.4199 cm 0 0 m 85.039 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 2.8135 10.5 439.3701 584.2534 Tm ( )Tj 0.028 Tc 10.5 0 0 10.5 127.559 552.2534 Tm (Bank loans)Tj -0.028 Tw 0.999 -1.524 Td (\226Secured)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 24.377 0 Td (181,219)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.209 0 Td (1,505,000)Tj -31.586 -1.524 Td (\226Unsecured)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 22.903 0 Td (16,908,973)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (26,378,728)Tj 0 Tw -32.001 -1.524 Td (Loans from other financial )Tj 0 Tc ( )Tj 0.028 Tc 0.999 -1.524 Td (institutions and others)Tj -0.028 Tw 0 -1.524 TD (\226Unsecured)Tj 0 Tw 10.5 0 2.8135 10.5 198.1489 472.2534 Tm ( \(note \(i\)\))Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 10.5 0 0 10.5 400.1323 472.2534 Tm (41,000)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (41,000)Tj 0 Tw -34.058 -1.524 Td (Loans from fellow subsidiaries)Tj -0.028 Tw 0.999 -1.524 Td (\226Unsecured)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 24.377 0 Td (431,501)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (439,493)Tj 0 Tw -33.475 -1.524 Td (Other borrowings)Tj -0.028 Tw 0.999 -1.524 Td (\226Unsecured)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 23.487 0 Td (5,500,000)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (5,000,000)Tj 0 Tw -32.585 -1.524 Td (Current portion of long-term borrowings)Tj 0 Tc ( )Tj 0.028 Tc 10.5 0 2.8135 10.5 138.0472 376.2534 Tm (\(note 28\(a\)\))Tj 10.5 0 0 10.5 138.0472 360.2534 Tm (\226Bank loans)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 23.487 0 Td (2,291,716)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (2,365,162)Tj 0 Tw -31.586 -1.524 Td (\226Other borrowings)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 23.487 0 Td (2,981,395)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 9.572 0 Td (44,780)Tj ET 0.5 w /GS0 gs q 1 0 0 1 360 340.1609 cm 0 0 m 73.701 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tc 0 Tw 10.5 0 0 10.5 354.3307 341.2444 Tm ( )Tj ET q 1 0 0 1 445.0393 340.1609 cm 0 0 m 73.701 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 0 10.5 439.3701 341.2444 Tm ( )Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 0.028 Tc -0.028 Tw -5.794 -3.048 Td (28,335,804)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (35,774,163)Tj ET 2.5 w /GS0 gs q 1 0 0 1 360 303.9973 cm 0 0 m 73.701 0 l S Q 0.835 w q 1 0 0 1 360 300.6649 cm 0 0 m 73.701 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tc 0 Tw 10.5 0 0 10.5 354.3307 301.5808 Tm ( )Tj ET 2.5 w q 1 0 0 1 445.0394 303.9973 cm 0 0 m 73.701 0 l S Q 0.835 w q 1 0 0 1 445.0394 300.6649 cm 0 0 m 73.701 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 0 10.5 439.3701 301.5808 Tm ( )Tj 0.028 Tc -0.028 Tw 9.5 0 2.5455 9.5 126.5841 270.9053 Tm (Note:)Tj 0.078 Tw 9.5 0 0 9.5 127.559 244.9053 Tm [(\(i\) )-1628.4 (The Group had unpaid loans of RMB41,000,000 as at 31 December 2018 \(201\7: )]TJ 0.077 Tw 2.984 -1.368 Td (RMB41,000,000\). 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Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0.551 Tw 14 0 0 14 70.8661 670.2631 Tm (28 BORROWINGS)Tj 0 0 0 0.8 k 0 Tw 11.5 0 0 11.5 99.2126 636.2631 Tm [(\(a\) )-853.5 (The long-term interest-bearing borrowings comprise:)]TJ ET 0 0 0 0 k 354.331 618.93 85.039 -16 re 354.331 602.93 85.039 -16 re 354.331 586.93 85.039 -4.01 re 354.331 582.92 85.039 -16 re 354.331 566.92 85.039 -16 re 354.331 550.92 85.039 -16 re 354.331 534.92 85.039 -16 re 354.331 518.92 85.039 -16 re 354.331 502.92 85.039 -16 re 354.331 486.92 85.039 -16 re 354.331 470.92 85.039 -16 re 354.331 454.92 85.039 -16 re 354.331 438.92 85.039 -3.009 re 354.331 435.911 85.039 -16 re 354.331 419.911 85.039 -16 re 354.331 403.911 85.039 -16 re 354.331 387.911 85.039 -32 re 354.331 355.911 85.039 -16 re 354.331 339.911 85.039 -16 re 354.331 323.911 85.039 -3.009 re 354.331 320.902 85.039 -16 re 354.331 304.902 85.039 -16 re 354.331 288.902 85.039 -7.664 re 354.331 281.238 85.039 -3.009 re f BT /CS0 cs 1 scn -0.028 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8.099 0 Td (41,620,177)Tj ET 2.5 w /GS0 gs q 1 0 0 1 360 284.9883 cm 0 0 m 73.701 0 l S Q 0.835 w q 1 0 0 1 360 281.6558 cm 0 0 m 73.701 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tc 0 Tw 10.5 0 0 10.5 354.3307 282.5718 Tm ( )Tj ET 2.5 w q 1 0 0 1 445.0394 284.9883 cm 0 0 m 73.701 0 l S Q 0.835 w q 1 0 0 1 445.0394 281.6558 cm 0 0 m 73.701 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 0 10.5 439.3701 282.5718 Tm ( )Tj 0.05 Tc 0.078 Tw -29.696 -3.207 Td [(As)13.9 ( at)13.9 ( 3)13.8 (1)13.8 ( December)13.8 ( 2)13.8 (0)13.9 (1)13.8 (8)13.9 (,)13.8 ( the)13.8 ( Group)13.8 (\222)13.9 (s)13.8 ( loans)13.8 ( and)13.9 ( borrowings)13.8 ( guaranteed)13.8 ( by)22.2 ( )]TJ 0.028 Tc 0 Tw 0 -1.524 TD (CHN Energy amounted to RMB3,939,422,000 \(2017: RMB4,017,125,000\).)Tj ET endstreamendobj523 0 obj<>endobj520 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 536.9537 33.8036 Tm (323)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0 Tw 14 0 0 14 70.8661 670.2631 Tm [(25 )-551.2 (OTHER FINANCIAL ASSETS)]TJ ET 0 0 0 0 k 354.331 654.43 85.039 -14.5 re 354.331 639.93 85.039 -14.5 re 354.331 625.43 85.039 -4.01 re 354.331 621.42 85.039 -14.5 re 354.331 606.92 85.039 -29 re 354.331 577.92 85.039 -29 re 354.331 548.92 85.039 -29 re 354.331 519.92 85.039 -3.009 re 354.331 516.911 85.039 -14.5 re 354.331 502.411 85.039 -14.5 re 354.331 487.911 85.039 -7.664 re 354.331 480.247 85.039 -3.009 re f BT /CS0 cs 1 scn -0.028 Tw 10.5 0 0 10.5 409.4731 641.2631 Tm (2018)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (2017)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 10.5 0 2.8135 10.5 386.5307 626.7631 Tm (RMB\222000)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.265 0 Td (RMB\222000)Tj ET /CS0 CS 1 SCN /GS0 gs q 1 0 0 1 99.2126 621.9199 cm 0 0 m 255.118 0 l S Q BT /GS1 gs 0 Tc 0 Tw 10.5 0 0 10.5 99.2126 622.7534 Tm ( )Tj ET /GS0 gs q 1 0 0 1 354.3307 621.9199 cm 0 0 m 85.039 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 10.5 0 2.8135 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Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 0 10.5 439.3701 518.2444 Tm ( )Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 0.028 Tc -0.028 Tw -4.321 -2.762 Td (249,080)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (177,813)Tj ET 2.5 w /GS0 gs q 1 0 0 1 360 483.9973 cm 0 0 m 73.701 0 l S Q 0.835 w q 1 0 0 1 360 480.6648 cm 0 0 m 73.701 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tc 0 Tw 10.5 0 0 10.5 354.3307 481.5808 Tm ( )Tj ET 2.5 w q 1 0 0 1 445.0394 483.9973 cm 0 0 m 73.701 0 l S Q 0.835 w q 1 0 0 1 445.0394 480.6648 cm 0 0 m 73.701 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 0 10.5 439.3701 481.5808 Tm ( )Tj 0.028 Tc -0.028 Tw 9.5 0 2.5455 9.5 98.2376 453.9053 Tm (Note:)Tj 0.068 Tc 0.077 Tw 9.5 0 0 9.5 99.2126 430.9053 Tm [(\()40.2 (i)40.2 (\))40.2 ( )-1589.5 (T)0.5 (h)0.5 (e)14.5 ( f)0.5 (i)0.6 (n)0.5 (a)0.5 (n)0.5 (c)0.5 (i)0.6 (a)0.5 (l)14.4 ( a)0.5 (s)0.5 (s)0.5 (e)0.5 (t)0.5 (s)14.5 ( d)0.6 (e)0.5 (s)0.5 (i)0.5 (g)0.5 (n)0.5 (a)0.5 (t)0.6 (e)0.5 (d)14.4 ( a)0.5 (t)14.4 ( a)0.5 (m)0.5 (o)0.5 (r)0.5 (t)0.5 (i)0.6 (s)0.5 (e)0.5 (d)14.4 ( c)0.5 (o)0.5 (s)0.5 (t)14.5 ( r)0.5 (e)0.5 (p)0.6 (r)0.5 (e)0.5 (s)0.5 (e)0.5 (n)0.5 (t)14.5 ( w)0.6 (e)0.5 (a)0.5 (l)0.5 (t)0.5 (h)14.4 ( m)0.5 (a)0.5 (n)0.5 (a)0.6 (g)0.5 (e)0.5 (m)0.5 (e)0.5 (n)0.6 (t)40.1 ( )]TJ 0.028 Tc 0.012 Tw 2.984 -1.211 Td (products issued by financial institutions with guaranteed principal amou\nts and variable )Tj 0 Tw 0 -1.211 TD (returns. The annualised expected return rate is 2.20% \(2017: 4.50%\).)Tj /CS1 cs 0.3 1 scn /GS0 gs /T1_1 1 Tf 14 0 0 14 70.8661 375.9053 Tm [(26 )-551.2 (RESTRICTED DEPOSITS)]TJ 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.058 Tc 0.078 Tw 10.5 0 0 10.5 99.2126 346.9053 Tm [(Restricted)13.9 ( deposits)14 ( mainly)14 ( represent)13.9 ( monetary)14 ( funds)13.9 ( deposited)13.9 ( in)13.9 ( the)13.9 ( custodial)30.2 ( )]TJ 0.028 Tc 0.034 Tw 0 -1.381 TD (account opened by the Company which can only be transferred to a trust a\ccount or )Tj 0 Tw T* (be used for repaying bank loans.)Tj /CS1 cs 0.3 1 scn /GS0 gs /T1_1 1 Tf 14 0 0 14 70.8661 285.9053 Tm [(27 )-551.2 (CASH AT BANKS AND ON HAND)]TJ ET 0 0 0 0 k 354.331 270.072 85.039 -14.5 re 354.331 255.572 85.039 -14.5 re 354.331 241.072 85.039 -4.01 re 354.331 237.062 85.039 -14.5 re 354.331 222.562 85.039 -14.5 re 354.331 208.062 85.039 -14.5 re 354.331 193.562 85.039 -3.009 re 354.331 190.553 85.039 -14.5 re 354.331 176.053 85.039 -14.5 re 354.331 161.553 85.039 -7.664 re 354.331 153.889 85.039 -14.5 re 354.331 139.389 85.039 -14.5 re 354.331 124.889 85.039 -14.5 re 354.331 110.389 85.039 -3.009 re 354.331 107.38 85.039 -14.5 re 354.331 92.88 85.039 -14.5 re 354.331 78.38 85.039 -7.664 re 354.331 70.717 85.039 -3.009 re f BT /CS0 cs 1 scn -0.028 Tw 10.5 0 0 10.5 409.4731 256.9053 Tm (2018)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (2017)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 10.5 0 2.8135 10.5 386.5307 242.4053 Tm (RMB\222000)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.265 0 Td (RMB\222000)Tj ET 1 w /GS0 gs q 1 0 0 1 99.2126 237.5621 cm 0 0 m 255.118 0 l S Q BT /GS1 gs 0 Tc 0 Tw 10.5 0 0 10.5 99.2126 238.3956 Tm ( )Tj ET /GS0 gs q 1 0 0 1 354.3307 237.5621 cm 0 0 m 85.039 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 10.5 0 2.8135 10.5 354.3307 238.3956 Tm ( )Tj ET q 1 0 0 1 439.3701 237.5621 cm 0 0 m 85.039 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 2.8135 10.5 439.3701 238.3956 Tm ( )Tj 0.028 Tc 10.5 0 0 10.5 99.2126 209.3955 Tm (Cash on hand)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 28.659 0 Td (10,289)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.156 -0 Td (53)Tj 0 Tw -38.815 -1.381 Td (Cash at banks and other financial institutions)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 27.186 0 Td (2,850,972)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 -0 Td (5,071,526)Tj ET 0.5 w /GS0 gs q 1 0 0 1 360 190.8028 cm 0 0 m 73.701 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tc 0 Tw 10.5 0 0 10.5 354.3307 191.8863 Tm ( )Tj ET q 1 0 0 1 445.0393 190.8028 cm 0 0 m 73.701 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 0 10.5 439.3701 191.8863 Tm ( )Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 0.028 Tc -0.028 Tw -5.21 -2.762 Td (2,861,261)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (5,071,579)Tj ET 2.5 w /GS0 gs q 1 0 0 1 360 157.6392 cm 0 0 m 73.701 0 l S Q 0.835 w q 1 0 0 1 360 154.3067 cm 0 0 m 73.701 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tc 0 Tw 10.5 0 0 10.5 354.3307 155.2227 Tm ( )Tj ET 2.5 w q 1 0 0 1 445.0394 157.6392 cm 0 0 m 73.701 0 l S Q 0.835 w q 1 0 0 1 445.0394 154.3067 cm 0 0 m 73.701 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 0 10.5 439.3701 155.2227 Tm ( )Tj 0.028 Tc -0.028 Tw -32.396 -2.762 Td (Representing:)Tj 0 Tw 0.999 -1.381 Td (\226 Cash and cash equivalents)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 26.187 0 Td (2,861,261)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (5,071,579)Tj ET 0.5 w /GS0 gs q 1 0 0 1 360 107.6302 cm 0 0 m 73.701 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tc 0 Tw 10.5 0 0 10.5 354.3307 108.7137 Tm ( )Tj ET q 1 0 0 1 445.0393 107.6302 cm 0 0 m 73.701 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 0 10.5 439.3701 108.7137 Tm ( )Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 0.028 Tc -0.028 Tw -5.21 -2.762 Td (2,861,261)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (5,071,579)Tj ET 2.5 w /GS0 gs q 1 0 0 1 360 74.4666 cm 0 0 m 73.701 0 l S Q 0.835 w q 1 0 0 1 360 71.1341 cm 0 0 m 73.701 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tc 0 Tw 10.5 0 0 10.5 354.3307 72.0501 Tm ( )Tj ET 2.5 w q 1 0 0 1 445.0394 74.4666 cm 0 0 m 73.701 0 l S Q 0.835 w q 1 0 0 1 445.0394 71.1341 cm 0 0 m 73.701 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 0 10.5 439.3701 72.0501 Tm ( )Tj ET endstreamendobj521 0 obj<>endobj518 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 37.6388 33.8036 Tm (322)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0.026 Tc 0 Tw 14 0 0 14 70.8661 670.2631 Tm [(2)-1.8 (4)-1.8 ( )-553.2 (PREPAYMENTS AND OTHER CURRENT ASSETS \(Continued\))]TJ 0 0 0 0.8 k 0.028 Tc 11.5 0 0 11.5 99.2126 636.2631 Tm (Impairment under IAS 39 for the year ended 31 December 2017)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.056 Tc 0.078 Tw 10.5 0 0 10.5 99.2126 604.7631 Tm [(The)13.7 ( analysis)13.6 ( of)13.7 ( ageing)13.6 ( of)13.7 ( prepayments)13.6 ( and)13.7 ( other)13.6 ( current)13.6 ( assets)13.6 ( not)13.6 ( considered)28.2 ( )]TJ 0.028 Tc 0 Tw 0 -1.476 TD (impaired neither on the individual nor comprehensive level are as follow\s:)Tj -0.028 Tw 37.648 -2.952 Td (2017)Tj 10.5 0 2.8135 10.5 473.3131 542.7631 Tm (RMB\222000)Tj ET /CS0 CS 1 SCN /GS0 gs q 1 0 0 1 99.2126 537.9199 cm 0 0 m 340.157 0 l S Q BT /GS1 gs 0 Tc 0 Tw 10.5 0 0 10.5 99.2126 538.7534 Tm ( )Tj ET /GS0 gs q 1 0 0 1 439.3701 537.9199 cm 0 0 m 85.039 0 l S Q BT /GS1 gs 10.5 0 0 10.5 439.3701 538.7534 Tm ( )Tj 0.028 Tc -32.396 -2.952 Td (Neither past due nor impaired)Tj -0.028 Tw 35.285 0 Td (2,885,650)Tj 0 Tw -35.285 -1.476 Td (Within 1 year)Tj -0.028 Tw 36.174 0 Td (298,482)Tj 0 Tw -36.174 -1.476 Td (Over 1 year)Tj -0.028 Tw 36.174 0 Td (445,235)Tj ET 0.5 w /GS0 gs q 1 0 0 1 445.0393 472.6609 cm 0 0 m 73.701 0 l S Q BT /GS1 gs 0 Tc 0 Tw 10.5 0 0 10.5 439.3701 473.7444 Tm ( )Tj 0.028 Tc -32.396 -2.952 Td (At 31 December )Tj -0.028 Tw 35.285 0 Td (3,629,367)Tj ET 2.5 w /GS0 gs q 1 0 0 1 445.0394 437.4973 cm 0 0 m 73.701 0 l S Q 0.835 w q 1 0 0 1 445.0394 434.1648 cm 0 0 m 73.701 0 l S Q BT /GS1 gs 0 Tc 0 Tw 10.5 0 0 10.5 439.3701 435.0808 Tm ( )Tj 0.065 Tc 0.078 Tw -32.396 -2.921 Td [(The)14.1 ( Group)14 (\222)14.1 (s)14.1 ( prepayments)14.1 ( and)14.1 ( other)14 ( current)14 ( assets)14.1 ( of)14.1 ( RMB)14.1 (3)14 (7)14.1 (,)14.1 (9)14 (5)14.1 (2)14 (,)14.1 (0)14.1 (0)14 (0)14.1 ( as)14 ( at)14.1 ( 3)14.1 (1)37.2 ( )]TJ 0.057 Tc 0.077 Tw 0 -1.524 TD [(De)0.5 (cemb)0.5 (er)14.3 ( 2)14.3 (0)14.3 (1)14.4 (7)14.3 ( were)14.4 ( i)0.5 (ndi)0.5 (vid)0.5 (uall)0.5 (y)14.3 ( det)0.5 (ermi)0.5 (ned)14.4 ( t)0.5 (o)14.3 ( b)0.5 (e)14.3 ( im)0.5 (pair)0.5 (ment)14.4 (.)14.3 ( The)14.3 ( in)0.5 (div)0.5 (idua)0.5 (lly)29.3 ( )]TJ 0.039 Tc 0.081 Tw T* [(impai)0.5 (red)11.2 ( r)0.5 (eceivables)11.2 ( )0.5 (related)11.2 ( )0.5 (to)11.2 ( t)0.5 (he)11.2 ( counterp)0.5 (arties)11.2 ( )0.5 (that)11.2 ( wer)0.5 (e)11.2 ( in)11.2 ( )0.5 (financi)0.5 (al)11.3 ( di)0.5 (ffi)0.5 (culties)11.2 ( )]TJ 0.03 Tc 0.09 Tw T* [(a)0.5 (n)0.5 (d)2.2 ( )0.5 (m)0.5 (a)0.5 (na)0.5 (g)0.5 (e)0.5 (m)0.5 (e)0.5 (n)0.5 (t)2.2 ( )0.5 (a)0.5 (s)0.5 (s)0.5 (e)0.5 (s)0.5 (s)0.5 (e)0.5 (d)2.2 ( t)0.5 (h)0.5 (a)0.5 (t)2.2 ( )0.5 (on)0.6 (l)0.5 (y)2.2 ( a)2.2 ( )0.5 (p)0.5 (o)0.5 (r)0.5 (t)0.5 (i)0.5 (o)0.5 (n)2.2 ( o)0.5 (f)2.2 ( )0.5 (t)0.5 (h)0.5 (e)2.2 ( r)0.5 (e)0.5 (c)0.5 (e)0.5 (i)0.5 (v)0.5 (a)0.5 (b)0.5 (l)0.5 (e)0.5 (s)2.2 ( )0.5 (i)0.5 (s)2.2 ( e)0.5 (x)0.5 (p)0.5 (e)0.5 (c)0.5 (t)0.5 (e)0.5 (d)2.2 ( )0.5 (t)0.5 (o)2.2 ( b)0.5 (e)2.2 ( )]TJ 0.039 Tc 0.081 Tw 0 -1.524 TD [(recovered)11.2 (.)11.2 ( )0.5 (Consequently)11.2 (,)11.2 ( specific)11.2 ( )0.5 (allowances)11.2 ( for)11.2 ( )0.5 (doubtful)11.2 ( debts)11.2 ( )0.5 (were)11.2 ( recognised)11.2 (.)11.2 ( )]TJ 0.028 Tc 0 Tw 0 -1.524 TD (The Group does not hold any collateral over these balances.)Tj ET endstreamendobj519 0 obj<>endobj516 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 536.9537 33.8036 Tm (321)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0.026 Tc 0 Tw 14 0 0 14 70.8661 670.2631 Tm [(2)-1.8 (4)-1.8 ( )-553.2 (PREPAYMENTS AND OTHER CURRENT ASSETS \(Continued\))]TJ 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.028 Tc 10.5 0 0 10.5 99.2126 639.2631 Tm (The movements in the allowance for doubtful debts are as follows:)Tj ET 0 0 0 0 k /GS0 gs 354.331 622.43 85.039 -15.5 re 354.331 606.93 85.039 -15.5 re 354.331 591.43 85.039 -4.01 re 354.331 587.42 85.039 -15.5 re 354.331 571.92 85.039 -15.5 re 354.331 556.42 85.039 -15.5 re 354.331 540.92 85.039 -15.5 re 354.331 525.42 85.039 -15.5 re 354.331 509.92 85.039 -3.009 re 354.331 506.911 85.039 -15.5 re 354.331 491.411 85.039 -15.5 re 354.331 475.911 85.039 -7.664 re 354.331 468.247 85.039 -3.009 re f BT /CS0 cs 1 scn /T1_1 1 Tf -0.028 Tw 10.5 0 0 10.5 409.4731 608.2631 Tm (2018)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (2017)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 10.5 0 2.8135 10.5 386.5307 592.7631 Tm (RMB\222000)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.265 0 Td (RMB\222000)Tj ET /CS0 CS 1 SCN /GS0 gs q 1 0 0 1 99.2126 587.9199 cm 0 0 m 255.118 0 l S Q BT /GS1 gs 0 Tc 0 Tw 10.5 0 0 10.5 99.2126 588.7534 Tm ( )Tj ET /GS0 gs q 1 0 0 1 354.3307 587.9199 cm 0 0 m 85.039 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 10.5 0 2.8135 10.5 354.3307 588.7534 Tm ( )Tj ET q 1 0 0 1 439.3701 587.9199 cm 0 0 m 85.039 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 2.8135 10.5 439.3701 588.7534 Tm ( )Tj 0.028 Tc 10.5 0 0 10.5 99.2126 557.7534 Tm (At 1 January)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 28.659 0 Td (37,952)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (33,548)Tj 0 Tw -36.758 -1.476 Td (Impairment losses recognised)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 28.075 0 Td (250,874)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 9.267 0 Td (4,908)Tj 0 Tw -37.342 -1.476 Td (Reversal of impairment losses)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 28.854 0 Td (\(4,000\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.989 0 Td (\(504\))Tj 0 Tw -37.843 -1.476 Td (Uncollectible amounts written off)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 28.854 0 Td (\(1,180\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0 Tc 0 Tw 10.601 0 Td (\226)Tj ET 0.5 w /GS0 gs q 1 0 0 1 359.9999 507.1609 cm 0 0 m 73.701 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 10.5 0 0 10.5 354.3307 508.2444 Tm ( )Tj ET q 1 0 0 1 445.0393 507.1609 cm 0 0 m 73.701 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 0 10.5 439.37 508.2444 Tm ( )Tj 0.028 Tc -32.396 -2.952 Td (At 31 December)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 28.075 0 Td (283,646)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.683 0 Td (37,952)Tj ET 2.5 w /GS0 gs q 1 0 0 1 360 471.9973 cm 0 0 m 73.701 0 l S Q 0.835 w q 1 0 0 1 360 468.6648 cm 0 0 m 73.701 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tc 0 Tw 10.5 0 0 10.5 354.3307 469.5808 Tm ( )Tj ET 2.5 w q 1 0 0 1 445.0394 471.9973 cm 0 0 m 73.701 0 l S Q 0.835 w q 1 0 0 1 445.0394 468.6648 cm 0 0 m 73.701 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 0 10.5 439.3701 469.5808 Tm ( )Tj 0 0 0 0.8 k /GS0 gs /T1_1 1 Tf 0.028 Tc 11.5 0 0 11.5 99.2126 434.9052 Tm (Impairment under IFRS 9 for the year ended 31 December 2018)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.077 Tc 0.078 Tw 10.5 0 0 10.5 99.2126 403.9053 Tm [(Where)14 ( applicable)14 ( upon)14 ( the)14 ( financial)14 ( assets)14 ( above)14 (,)14 ( an)14 ( impairment)14 ( analysis)14 ( is)49.2 ( )]TJ 0.072 Tc 0 -1.476 TD [(performed)14.3 ( at)14.2 ( )0.5 (each)14.3 ( )0.5 (reporting)14.2 ( )0.5 (date)14.2 ( )0.5 (by)14.3 ( considering)14.3 ( the)14.2 ( )0.5 (probability)14.2 ( )0.5 (of)14.3 ( )0.5 (default)14.2 ( )0.5 (by)44.2 ( )]TJ 0.057 Tc T* [(applying)14.2 ( a)14.2 ( loss)14.1 ( )0.5 (rate)14.2 ( approach)14.2 ( with)14.2 ( )0.5 (reference)14.2 ( to)14.2 ( the)14.1 ( )0.5 (historical)14.2 ( loss)14.2 ( )0.5 (record)14.2 ( of)14.2 ( the)29.3 ( )]TJ 0.045 Tc T* [(Group)13.6 (.)13.5 ( The)13.6 ( loss)13.5 ( rate)13.6 ( is)13.6 ( adjusted)13.6 ( to)13.6 ( reflect)13.6 ( the)13.6 ( current)13.6 ( conditions)13.6 ( and)13.6 ( forecasts)13.5 ( of)17.3 ( )]TJ 0.028 Tc 0 Tw T* (future economic conditions, as appropriate. )Tj 0.07 Tc 0.078 Tw 0 -2.952 TD [(For)13.9 ( the)13.9 ( loans)14 ( and)13.9 ( advances)13.9 ( due)14 ( from)14 ( a)14 ( fellow)14 ( subsidiary)13.9 ( that)13.9 ( was)13.9 ( in)13.9 ( financial)42.3 ( )]TJ 0.041 Tc 0.079 Tw 0 -1.476 TD [(difficulties)13.2 ( )0.5 (and)13.2 ( )0.5 (management)13.2 ( )0.5 (assessed)13.3 ( that)13.2 ( )0.5 (the)13.2 ( )0.5 (receivable)13.2 ( )0.5 (was)13.2 ( )0.5 (not)13.2 ( )0.5 (expected)13.2 ( to)13.2 ( )0.5 (be)13.2 ( )]TJ 0.029 Tc 0.091 Tw T* [(fully)1.2 ( )0.5 (recovered)1.2 (.)1.2 ( )0.5 (Consequently)1.2 (,)1.2 ( )0.5 (specific)1.2 ( allowance)1.1 ( )0.5 (amounted)1.2 ( to)1.2 ( )0.5 (RMB)1.2 (2)1.2 (5)1.2 (0)1.2 (,)1.2 (7)1.2 (8)1.2 (9)1.2 (,)1.2 (0)1.3 (0)1.2 (0)1.2 ( for)1.2 ( )]TJ 0.031 Tc 0.089 Tw T* [(doubtful)3.2 ( )0.5 (debt)3.3 ( was)3.2 ( recognised)3.2 ( )0.5 (for)3.2 ( )0.5 (the)3.2 ( )0.5 (year)3.2 ( )0.5 (ended)3.2 ( )0.5 (as)3.2 ( )0.5 (at)3.2 ( )0.5 (3)3.2 (1)3.2 ( )0.5 (December)3.2 ( )0.5 (2)3.2 (0)3.2 (1)3.2 (8)3.2 (.)3.2 ( )0.5 (For)3.2 ( )0.5 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-34.058 -1.381 Td (Past due between 1 and 2 years)Tj -0.028 Tw 34.642 0 Td (2,000)Tj 0 Tw -34.642 -1.381 Td (Past due between 2 and 3 years)Tj -0.028 Tw 34.642 0 Td (5,558)Tj 0 Tw -34.642 -1.381 Td (Past due over 3 years)Tj -0.028 Tw 34.642 0 Td (4,636)Tj ET 0.5 w /GS0 gs q 1 0 0 1 445.0394 326.6609 cm 0 0 m 73.701 0 l S Q BT /GS1 gs 0 Tc 0 Tw 10.5 0 0 10.5 439.3701 327.7444 Tm ( )Tj 0.028 Tc -0.028 Tw 2.889 -2.762 Td (7,154,516)Tj ET 2.5 w /GS0 gs q 1 0 0 1 445.0394 293.4973 cm 0 0 m 73.701 0 l S Q 0.835 w q 1 0 0 1 445.0394 290.1648 cm 0 0 m 73.701 0 l S Q BT /GS1 gs 0 Tc 0 Tw 10.5 0 0 10.5 439.3701 291.0808 Tm ( )Tj 0.084 Tc 0.078 Tw -29.696 -2.921 Td [(Receivables)13.5 ( that)13.5 ( were)13.5 ( past)13.5 ( due)13.6 ( but)13.5 ( not)13.5 ( impaired)13.6 ( relate)13.6 ( to)13.5 ( a)13.6 ( number)13.5 ( of)56.2 ( )]TJ 0.072 Tc T* [(customers)13.6 ( that)13.6 ( have)13.6 ( a)13.6 ( good)13.6 ( track)13.5 ( record)13.6 ( with)13.6 ( the)13.5 ( Group)13.6 (.)13.6 ( Based)13.6 ( on)13.6 ( past)44.2 ( )]TJ 0.027 Tc 0 Tw T* [(experience, management believes that no impairment allowance is necessar\y in)-0.8 ( )]TJ 0.028 Tc 0.062 Tw 0 -1.381 TD (respect of these balances as there has not been a significant change in \credit )Tj 0.03 Tw 0 -1.381 TD (quality and the balances are still considered fully recoverable. The Gro\up does )Tj 0 Tw T* (not hold any collateral over these balances.)Tj 0 -2.762 TD (All trade and bills receivables are expected to be recovered within one \year.)Tj ET endstreamendobj533 0 obj<>endobj530 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 37.6388 33.8036 Tm (318)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0 Tw 14 0 0 14 70.8661 670.2631 Tm [(23 )-551.2 (TRADE AND BILLS RECEIVABLES \(Continued\))]TJ 0 0 0 0.8 k 11.5 0 0 11.5 99.2126 636.2631 Tm [(\(b\) )-798.5 (Impairment of trade and bills receivables \(Continued\))]TJ 0 0 0 1 k /GS1 gs 10.5 0 0 10.5 127.5591 606.2631 Tm (Impairment under IFRS 9 for the year ended 31 December 2018 \(Continued\)\)Tj /T1_2 1 Tf 0.053 Tw 0 -2.857 TD (The Group applies the simplified approach to the provision for expected \credit )Tj 0.039 Tc 0.081 Tw 0 -1.524 TD [(losses)11.2 ( prescribed)11.2 ( )0.5 (by)11.2 ( )0.5 (IFRS)11.2 ( 9)11.2 (,)11.2 ( )0.5 (which)11.2 ( )0.5 (permits)11.2 ( )0.5 (the)11.2 ( )0.5 (use)11.2 ( )0.5 (of)11.2 ( )0.5 (lifetime)11.2 ( )0.5 (expected)11.2 ( )0.5 (loss)11.2 ( )]TJ 0.028 Tc 0.009 Tw T* (provision for all trade receivables. To measure the expected credit loss\ of trade )Tj 0.077 Tw T* (receivables excluding tariff premium receivables, trade receivables have\ been )Tj 0 Tw T* (grouped based on shared credit risk characteristics and the ageing.)Tj 0.092 Tw 0 -3.048 TD [(Set )0.5 (out )0.5 (below is )0.5 (the )0.5 (information )0.5 (about the )0.5 (credit )0.5 (risk )0.5 (exposure on )0.5 (the )0.5 (Group's )]TJ 0 Tw 0 -1.524 TD (trade receivables:)Tj 0 -3.048 TD (As at 31 December 2018)Tj ET 0 0 0 0 k /GS0 gs 255.118 414.93 53.858 -48 re 308.976 414.93 53.858 -48 re 362.835 414.93 53.858 -48 re 416.693 414.93 53.858 -48 re 470.551 414.93 53.858 -48 re 255.118 366.93 53.858 -4.01 re 308.976 366.93 53.858 -4.01 re 362.835 366.93 53.858 -4.01 re 416.693 366.93 53.858 -4.01 re 470.551 366.93 53.858 -4.01 re 255.118 362.92 53.858 -16 re 308.976 362.92 53.858 -16 re 362.835 362.92 53.858 -16 re 416.693 362.92 53.858 -16 re 470.551 362.92 53.858 -16 re 255.118 346.92 53.858 -16 re 308.976 346.92 53.858 -16 re 362.835 346.92 53.858 -16 re 416.693 346.92 53.858 -16 re 470.551 346.92 53.858 -16 re 255.118 330.92 53.858 -16 re 308.976 330.92 53.858 -16 re 362.835 330.92 53.858 -16 re 416.693 330.92 53.858 -16 re 470.551 330.92 53.858 -16 re 255.118 314.92 53.858 -16 re 308.976 314.92 53.858 -16 re 362.835 314.92 53.858 -16 re 416.693 314.92 53.858 -16 re 470.551 314.92 53.858 -16 re 255.118 298.92 53.858 -3.009 re 308.976 298.92 53.858 -3.009 re 362.835 298.92 53.858 -3.009 re 416.693 298.92 53.858 -3.009 re 470.551 298.92 53.858 -3.009 re f BT /CS0 cs 1 scn /T1_1 1 Tf -0.028 Tw 7.35 0 0 10.5 279.8315 384.2631 Tm (Within )Tj 0 Tw 0.164 -1.524 Td (1 year)Tj -0.028 Tw 6.079 1.524 Td (Between )Tj 0 Tw -2.278 -1.524 Td (1 and 2 years)Tj -0.028 Tw 9.605 3.048 Td (Between )Tj 0 Tw 1.556 -1.524 Td (2 and )Tj -0.891 -1.524 Td (3 years)Tj 4.632 0 Td (Over 3 years)Tj -0.028 Tw 11.137 0 Td (Total)Tj ET /CS0 CS 1 SCN q 1 0 0 1 127.5591 363.4199 cm 0 0 m 127.559 0 l S Q BT 0 0 0 1 k /GS1 gs 0 Tc 0 Tw 7.35 0 0 10.5 127.5591 364.2534 Tm ( )Tj ET /GS0 gs q 1 0 0 1 255.1182 363.4199 cm 0 0 m 53.858 0 l S Q BT /CS0 cs 1 scn 7.35 0 0 10.5 298.812 364.2534 Tm ( )Tj ET q 1 0 0 1 308.9765 363.4199 cm 0 0 m 53.858 0 l S Q BT 7.35 0 0 10.5 352.6702 364.2534 Tm ( )Tj ET q 1 0 0 1 362.8348 363.4199 cm 0 0 m 53.858 0 l S Q BT 7.35 0 0 10.5 406.5285 364.2534 Tm ( )Tj ET q 1 0 0 1 416.6931 363.4199 cm 0 0 m 53.858 0 l S Q BT 7.35 0 0 10.5 460.3868 364.2534 Tm ( )Tj ET q 1 0 0 1 470.5513 363.4199 cm 0 0 m 53.858 0 l S Q BT 7.35 0 0 10.5 514.2451 364.2534 Tm ( )Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.028 Tc -52.61 -3.048 Td (Expected credit loss rate)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 20.965 0 Td (0.00%)Tj 7.328 0 Td (3.73%)Tj 6.744 0 Td (50.00%)Tj 6.744 0 Td (100.00%)Tj 8.495 0 Td (0.13%)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0 Tw -50.276 -1.524 Td (Gross carrying amount )Tj -0.028 Tw 7.35 0 2.8135 10.5 208.1735 316.2534 Tm (\(RMB\222000\))Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 7.35 0 0 10.5 268.9799 316.2534 Tm (9,651,702)Tj 8.217 0 Td (146,346 )Tj 8.495 0 Td (2,206)Tj 7.328 0 Td (6,595)Tj 5.27 0 Td (9,806,849)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0 Tw -48.552 -1.524 Td (Expected credit losses )Tj -0.028 Tw 7.35 0 2.8135 10.5 208.3777 300.2534 Tm (\(RMB\222000\))Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 0 Tc 0 Tw 7.35 0 0 10.5 299.2207 300.2534 Tm (\226)Tj 0.028 Tc 4.659 0 Td ( 5,460)Tj -0.028 Tw 7.939 0 Td (1,103)Tj 7.328 0 Td (6,595)Tj 6.744 0 Td (13,158)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.055 Tc 0.078 Tw 10.5 0 0 10.5 127.5593 266.5779 Tm [(Bills)14.2 ( receivables)14.2 ( as)14.2 ( at)14.2 ( 3)14.1 (1)14.2 ( December)14.1 ( 2)14.2 (0)14.2 (1)14.1 (8)14.1 ( )0.5 (were)14.2 ( all)14.2 ( bank)14.2 (\222)14.1 (s)14.2 ( acceptance)14.2 ( bills)27.2 ( )]TJ 0.028 Tc 0.092 Tw 0 -1.524 TD [(with )0.5 (a maturity of )0.5 (one to )0.5 (six months, )0.5 (management )0.5 (considers )0.5 (the )0.5 (probability of )]TJ 0 Tw T* (default as minimal.)Tj ET endstreamendobj531 0 obj<>endobj528 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 536.9537 33.8036 Tm (317)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0 Tw 14 0 0 14 70.8661 670.2631 Tm [(23 )-551.2 (TRADE AND BILLS RECEIVABLES \(Continued\))]TJ 0 0 0 0.8 k 11.5 0 0 11.5 99.2126 638.2631 Tm [(\(b\) )-798.5 (Impairment of trade and bills receivables)]TJ 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 0 10.5 127.5591 609.2631 Tm (The movements in the loss allowance for doubtful debts are as follows:)Tj ET 0 0 0 0 k /GS0 gs 354.331 593.43 85.039 -14.5 re 354.331 578.93 85.039 -14.5 re 354.331 564.43 85.039 -4.01 re 354.331 560.42 85.039 -14.5 re 354.331 545.92 85.039 -14.5 re 354.331 531.42 85.039 -14.5 re 354.331 516.92 85.039 -14.5 re 354.331 502.42 85.039 -3.009 re 354.331 499.411 85.039 -14.5 re 354.331 484.911 85.039 -14.5 re 354.331 470.411 85.039 -7.664 re 354.331 462.747 85.039 -3.009 re f BT /CS0 cs 1 scn /T1_1 1 Tf -0.028 Tw 10.5 0 0 10.5 409.4731 580.2631 Tm (2018)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (2017)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 10.5 0 2.8135 10.5 386.5307 565.7631 Tm (RMB\222000)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.265 0 Td (RMB\222000)Tj ET /CS0 CS 1 SCN /GS0 gs q 1 0 0 1 127.559 560.9199 cm 0 0 m 226.772 0 l S Q BT /GS1 gs 0 Tc 0 Tw 10.5 0 0 10.5 127.559 561.7534 Tm ( )Tj ET /GS0 gs q 1 0 0 1 354.3307 560.9199 cm 0 0 m 85.039 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 10.5 0 2.8135 10.5 354.3307 561.7534 Tm ( )Tj ET q 1 0 0 1 439.3701 560.9199 cm 0 0 m 85.039 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 2.8135 10.5 439.3701 561.7534 Tm ( )Tj 0.028 Tc 10.5 0 0 10.5 127.559 532.7534 Tm (At 1 January)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 25.959 0 Td (11,830)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (10,431)Tj 0 Tw -34.058 -1.381 Td (Impairment losses recognised)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 26.543 0 Td (1,328)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (5,399)Tj 0 Tw -34.642 -1.381 Td (Reversal of impairment losses)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 0 Tc 28.6 0 Td (\226)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.028 Tc -0.028 Tw 5.653 0 Td (\(4,000\))Tj ET 0.5 w /GS0 gs q 1 0 0 1 360 499.6609 cm 0 0 m 73.701 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tc 0 Tw 10.5 0 0 10.5 354.3307 500.7444 Tm ( )Tj ET q 1 0 0 1 445.0393 499.6609 cm 0 0 m 73.701 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 0 10.5 439.3701 500.7444 Tm ( )Tj 0.028 Tc -29.696 -2.762 Td (At 31 December)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 25.959 0 Td (13,158)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (11,830)Tj ET 2.5 w /GS0 gs q 1 0 0 1 360 466.4973 cm 0 0 m 73.701 0 l S Q 0.835 w q 1 0 0 1 360 463.1648 cm 0 0 m 73.701 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tc 0 Tw 10.5 0 0 10.5 354.3307 464.0808 Tm ( )Tj ET 2.5 w q 1 0 0 1 445.0394 466.4973 cm 0 0 m 73.701 0 l S Q 0.835 w q 1 0 0 1 445.0394 463.1648 cm 0 0 m 73.701 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 0 10.5 439.3701 464.0808 Tm ( )Tj /T1_1 1 Tf 0.028 Tc -29.696 -2.826 Td (Impairment under IFRS 9 for the year ended 31 December 2018)Tj /T1_2 1 Tf 0.033 Tc 0.087 Tw 0 -2.667 TD [(A)0.5 (n)5.2 ( )0.5 (i)0.6 (m)0.5 (p)0.6 (a)0.5 (i)0.5 (r)0.6 (m)0.5 (e)0.6 (n)0.5 (t)5.2 ( )0.5 (a)0.5 (n)0.6 (a)0.5 (l)0.5 (y)0.6 (s)0.5 (i)0.6 (s)5.2 ( )0.5 (i)0.5 (s)5.2 ( )0.5 (p)0.5 (e)0.6 (r)0.5 (f)0.5 (o)0.6 (r)0.5 (m)0.6 (e)0.5 (d)5.2 ( )0.5 (a)0.5 (t)5.2 ( )0.5 (e)0.5 (a)0.6 (c)0.5 (h)5.2 ( )0.5 (r)0.5 (e)0.6 (p)0.5 (o)0.5 (r)0.6 (t)0.5 (i)0.6 (n)0.5 (g)5.2 ( )0.5 (d)0.5 (a)0.6 (t)0.5 (e)5.2 ( )0.5 (u)0.5 (s)0.6 (i)0.5 (n)0.5 (g)5.3 ( a)5.2 ( )0.5 (p)0.5 (r)0.6 (o)0.5 (v)0.6 (i)0.5 (s)0.6 (i)0.5 (o)0.5 (n)5.2 ( )]TJ 0.09 Tc 0.078 Tw 0 -1.333 TD [(matrix)13.8 ( to)13.7 ( measure)13.7 ( expected)13.7 ( credit)13.7 ( losses)13.8 (.)13.7 ( The)13.7 ( calculation)13.7 ( reflects)13.7 ( the)62.2 ( )]TJ 0.049 Tc T* [(probability)14.1 (-)14 (weighted)14 ( outcome)14 (,)14 ( the)14 ( time)14 ( value)14 ( of)14 ( money)14 ( and)14 ( reasonable)14 ( and)21.2 ( )]TJ 0.025 Tc 0 Tw 0 -1.333 TD [(supportable information that is available at the reporting date about pa\st events,)-2.8 ( )]TJ 0.058 Tc 0.078 Tw 0 -1.333 TD [(current)13.8 ( conditions)13.8 ( and)13.8 ( forecasts)13.8 ( of)13.8 ( future)13.9 ( economic)13.8 ( conditions)13.8 (.)13.8 ( Generally)13.8 (,)30.2 ( )]TJ 0.028 Tc 0.018 Tw T* (trade receivables are written off if the Group is satisfied that the rec\overy of the )Tj 0 Tw 0 -1.333 TD (amount is remote.)Tj 0.087 Tc 0.078 Tw 0 -2.667 TD [(Pursuant)14 ( to)13.9 ( CaiJian)13.9 ( [)14 (2)14 (0)13.9 (1)14 (2)13.9 (])14 ( No)14 (.)13.9 ( 1)13.9 (0)14 (2)13.9 ( Notice)13.9 ( on)14 ( the)14 ( Interim)14 ( Measures)14 ( for)59.2 ( )]TJ 0.028 Tc 0.07 Tw 0 -1.333 TD (Administration of Subsidy Funds for Tariff Premium of Renewable Energy \(\)Tj /C0_0 1 Tf -0.028 Tw <0319038E>Tj 0 -1.333 TD <035B09900E550F651106069D030B0EFE043F0F1F0696104D0B2311720411136C062C>Tj /T1_2 1 Tf 0.031 Tc 0.089 Tw [(\))3.2 ( )0.5 (jointly)3.2 ( )0.5 (issued)3.2 ( )0.5 (by)3.2 ( )0.5 (the)3.3 ( Ministry)3.3 ( of)3.2 ( )0.5 (Finance)3.2 (,)3.2 ( )]TJ 0.048 Tc 0.078 Tw T* [(the)13.8 ( National)13.8 ( Development)13.8 ( and)13.8 ( Reform)13.8 ( Commission)13.8 ( and)13.8 ( the)13.7 ( National)13.8 ( Energy)20.2 ( )]TJ 0.047 Tc 0 -1.333 TD [(Administration)14.1 ( in)14.2 ( March)14.1 ( 2)14.2 (0)14.1 (1)14.2 (2)14.1 (,)14.2 ( a)14.1 ( set)14.2 ( of)14.2 ( new)14.2 ( standardised)14.2 ( procedures)14.2 ( for)14.1 ( )0.5 (the)19.2 ( )]TJ 0.043 Tc 0 -1.333 TD [(settlement)13.9 ( of)13.9 ( the)13.9 ( aforementioned)13.9 ( renewable)13.9 ( energy)13.9 ( tariff)13.9 ( premium)13.9 ( has)13.9 ( come)15.2 ( )]TJ 0.028 Tc 0.058 Tw T* (into force since 2012 and approvals on a project-by-project basis are re\quired )Tj 0.026 Tc 0 Tw 0 -1.333 TD [(before the allocation of funds to local grid companies. As at 31 Decembe\r 2018,)-1.8 ( )]TJ 0.028 Tc 0.035 Tw 0 -1.333 TD (most of the Group\222s related projects have been approved for the tarif\f premium )Tj 0.038 Tw T* (of renewable energy and certain projects are in the process of applying \for the )Tj 0.036 Tc 0.084 Tw 0 -1.333 TD [(approval)8.2 (.)8.2 ( The)8.2 ( )0.5 (directors)8.2 ( are)8.2 ( )0.5 (of)8.2 ( the)8.2 ( opinion)8.2 ( )0.5 (that)8.2 ( the)8.3 ( approvals)8.2 ( )0.5 (will)8.2 ( )0.5 (be)8.2 ( )0.5 (obtained)8.2 ( )]TJ 0.041 Tc 0.079 Tw 0 -1.333 TD [(in)13.2 ( due)13.2 ( course)13.2 (.)13.2 ( )0.5 (The)13.2 ( )0.5 (tariff)13.2 ( )0.5 (premium)13.2 ( receivables)13.2 ( )0.5 (are)13.2 ( )0.5 (settled)13.1 ( )0.5 (in)13.2 ( accordance)13.2 ( )0.5 (with)13.2 ( )]TJ 0.052 Tc 0.078 Tw 0 -1.333 TD [(prevailing)13.5 ( government)13.6 ( policies)13.5 ( and)13.6 ( prevalent)13.5 ( payment)13.5 ( trends)13.5 ( of)13.5 ( Ministry)13.5 ( of)24.2 ( )]TJ 0.029 Tc 0.091 Tw 0 -1.333 TD [(Finance)1.2 (.)1.2 ( )0.5 (There)1.2 ( )0.5 (is)1.2 ( )0.5 (no)1.2 ( )0.5 (due)1.3 ( date)1.2 ( )0.5 (for)1.2 ( )0.5 (settlement)1.2 (.)1.2 ( )0.5 (The)1.2 ( trade)1.2 ( )0.5 (receivables)1.2 ( )0.5 (from)1.2 ( )0.5 (tariff)1.2 ( )]TJ 0.028 Tc 0.025 Tw T* (premium are fully recoverable considering there were no bad debt experie\nces )Tj 0.035 Tc 0.085 Tw 0 -1.333 TD [(with)7.2 ( )0.5 (the)7.2 ( )0.5 (grid)7.2 ( )0.5 (companies)7.2 ( )0.5 (in)7.2 ( the)7.2 ( past)7.2 ( )0.5 (and)7.2 ( )0.5 (such)7.2 ( )0.5 (tariff)7.2 ( )0.5 (premium)7.2 ( )0.5 (is)7.2 ( )0.5 (funded)7.2 ( )0.5 (by)7.2 ( )0.5 (the)7.2 ( )]TJ 0.028 Tc 0 Tw 0 -1.476 TD (PRC government.)Tj ET endstreamendobj529 0 obj<>endobj526 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 37.6388 33.8036 Tm (316)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0 Tw 14 0 0 14 70.8661 670.2631 Tm [(23 )-551.2 (TRADE AND BILLS RECEIVABLES \(Continued\))]TJ 0 0 0 0.8 k 11.5 0 0 11.5 99.2126 636.2631 Tm [(\(a\) )-853.5 (Ageing analysis)]TJ 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.09 Tw 10.5 0 0 10.5 127.559 604.2631 Tm (The ageing analysis of trade and bills receivables of the Group, based o\n the )Tj 0 Tw 0 -1.524 TD (invoice date and net of loss allowance, is as follows:)Tj ET 0 0 0 0 k /GS0 gs 354.331 570.93 85.039 -16 re 354.331 554.93 85.039 -16 re 354.331 538.93 85.039 -4.01 re 354.331 534.92 85.039 -16 re 354.331 518.92 85.039 -16 re 354.331 502.92 85.039 -16 re 354.331 486.92 85.039 -16 re 354.331 470.92 85.039 -16 re 354.331 454.92 85.039 -3.009 re 354.331 451.911 85.039 -16 re 354.331 435.911 85.039 -16 re 354.331 419.911 85.039 -7.664 re 354.331 412.247 85.039 -3.009 re f BT /CS0 cs 1 scn /T1_1 1 Tf -0.028 Tw 10.5 0 0 10.5 409.4731 556.2631 Tm (2018)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (2017)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 10.5 0 2.8135 10.5 386.5307 540.2631 Tm (RMB\222000)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.265 0 Td (RMB\222000)Tj ET /CS0 CS 1 SCN /GS0 gs q 1 0 0 1 127.559 535.4199 cm 0 0 m 226.772 0 l S Q BT /GS1 gs 0 Tc 0 Tw 10.5 0 0 10.5 127.559 536.2534 Tm ( )Tj ET /GS0 gs q 1 0 0 1 354.3307 535.4199 cm 0 0 m 85.039 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 10.5 0 2.8135 10.5 354.3307 536.2534 Tm ( )Tj ET q 1 0 0 1 439.3701 535.4199 cm 0 0 m 85.039 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 2.8135 10.5 439.3701 536.2534 Tm ( )Tj 0.028 Tc 10.5 0 0 10.5 127.559 504.2534 Tm (Within 1 year)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 23.902 0 Td (10,399,535)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.683 0 Td (7,146,070)Tj 0 Tw -32.585 -1.524 Td (Between 1 and 2 years)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 25.376 0 Td (140,886)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 9.267 0 Td (2,290)Tj 0 Tw -34.642 -1.524 Td (Between 2 and 3 years)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 26.543 0 Td (1,103)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.989 0 Td (157)Tj 0 Tw -35.532 -1.524 Td (Over 3 years)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 0 Tc 28.6 0 Td (\226)Tj 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(400,000)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0 Tc 0 Tw 11.38 0 Td (\226)Tj 0.028 Tc -0.028 Tw -39.455 -1.476 Td (Others)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 29.243 0 Td (9,966)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0 Tc 0 Tw 10.212 0 Td (\226)Tj ET 0.5 w /GS0 gs q 1 0 0 1 359.9999 398.1609 cm 0 0 m 73.701 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 10.5 0 0 10.5 354.3306 399.2444 Tm ( )Tj ET q 1 0 0 1 445.0392 398.1609 cm 0 0 m 73.701 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 0 10.5 439.37 399.2444 Tm ( )Tj 0.028 Tc -0.028 Tw -32.396 -2.952 Td (Subtotal)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 27.186 0 Td (1,503,806)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.989 0 Td (913,080)Tj 0 Tw -36.174 -2.952 Td (Deductible VAT)Tj 10.5 0 2.8135 10.5 176.8193 337.2444 Tm ( \(note \(iv\)\))Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 10.5 0 0 10.5 384.6616 337.2444 Tm (2,184,970)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (2,555,177)Tj ET /GS0 gs q 1 0 0 1 359.9999 333.1518 cm 0 0 m 73.701 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tc 0 Tw 10.5 0 0 10.5 354.3306 334.2353 Tm ( )Tj ET q 1 0 0 1 445.0393 333.1518 cm 0 0 m 73.701 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 0 10.5 439.37 334.2353 Tm ( )Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 0.028 Tc -0.028 Tw -5.21 -2.952 Td (3,688,776)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (3,468,257)Tj ET 2.5 w /GS0 gs q 1 0 0 1 359.9999 297.9883 cm 0 0 m 73.701 0 l S Q 0.835 w q 1 0 0 1 359.9999 294.6558 cm 0 0 m 73.701 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tc 0 Tw 10.5 0 0 10.5 354.3306 295.5718 Tm ( )Tj ET 2.5 w q 1 0 0 1 445.0393 297.9883 cm 0 0 m 73.701 0 l S Q 0.835 w q 1 0 0 1 445.0393 294.6558 cm 0 0 m 73.701 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 0 10.5 439.37 295.5718 Tm ( )Tj 0.028 Tc -0.028 Tw 9.5 0 2.5455 9.5 98.2376 267.8962 Tm (Notes:)Tj 0.029 Tc 0.091 Tw 9.5 0 0 9.5 99.2125 244.8962 Tm [(\()1.2 (i)1.2 (\))1.3 ( )-1614.5 (The)1.2 ( )0.5 (unlisted)1.2 ( )0.5 (equity)1.2 ( )0.5 (investments)1.2 ( )0.5 (designated)1.2 ( )0.5 (at)1.3 ( FVOCI)1.2 ( )0.5 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(unsecured, not past due as at the end of the reporting period, and bear \interest at the )Tj 0.007 Tw 0 -1.211 TD (rates of 4.40% to 5.23% per annum for the year ended 31 December 2018 \(\2017: 4.75% )Tj 0 Tw 0 -1.211 TD (to 5.08%\). The current portion is recorded in other current assets.)Tj 0.078 Tw -2.984 -2.421 Td [(\(iii\) )-1128.9 (The )0.5 (dividend )0.6 (receivable )0.6 (is )0.5 (the )0.6 (dividend )0.6 (declared )0.6 (but )0.5 (not )0.5 (paid )0.5 (yet )0.5 (by )0.6 (Jiangsu )0.5 (Nantong )]TJ 0 Tw 2.984 -1.211 Td (Power Generation Co., Ltd, the joint venture of the Group.)Tj 0.077 Tw -2.984 -2.737 Td [(\(iv\) )-1101.6 (Deductible VAT mainly represents the input VAT relating to the acquisiti\on of property, )]TJ 0 Tw 2.984 -1.211 Td (plant and equipment and intangible assets.)Tj ET endstreamendobj544 0 obj<>endobj541 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 536.9537 33.8036 Tm (313)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0.081 Tc 0.078 Tw 14 0 0 14 70.8661 670.2631 Tm [(2)53.2 (0)53.2 ( )-420.2 (INVESTMENTS)13.6 ( IN)13.7 ( ASSOCIATES)13.7 ( AND)13.7 ( JOINT)13.7 ( VENTURES)53.2 ( )]TJ 0.028 Tc -0.028 Tw 2.025 -1.357 Td (\(Continued\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.061 Tc 0.078 Tw 10.5 0 0 10.5 99.2126 619.2631 Tm [(Aggregate)13.6 ( information)13.6 ( of)13.6 ( associates)13.7 ( and)13.6 ( joint)13.6 ( ventures)13.6 ( that)13.6 ( are)13.6 ( not)13.6 ( individually)33.2 ( )]TJ 0.028 Tc -0.028 Tw 0 -1.524 TD (material:)Tj ET 0 0 0 0 k /GS0 gs 354.331 585.93 85.039 -16 re 354.331 569.93 85.039 -16 re 354.331 553.93 85.039 -4.01 re 354.331 549.92 85.039 -16 re 354.331 533.92 85.039 -48 re 354.331 485.92 85.039 -32 re 354.331 453.92 85.039 -48 re 354.331 405.92 85.039 -7.664 re 354.331 398.256 85.039 -3.009 re f BT /CS0 cs 1 scn /T1_1 1 Tf 10.5 0 0 10.5 409.4731 571.2631 Tm (2018)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (2017)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 10.5 0 2.8135 10.5 386.5307 555.2631 Tm (RMB\222000)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.265 0 Td (RMB\222000)Tj ET /CS0 CS 1 SCN /GS0 gs q 1 0 0 1 99.2126 550.4199 cm 0 0 m 255.118 0 l S Q BT /GS1 gs 0 Tc 0 Tw 10.5 0 0 10.5 99.2126 551.2534 Tm ( )Tj ET /GS0 gs q 1 0 0 1 354.3307 550.4199 cm 0 0 m 85.039 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 10.5 0 2.8135 10.5 354.3307 551.2534 Tm ( )Tj ET q 1 0 0 1 439.3701 550.4199 cm 0 0 m 85.039 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 2.8135 10.5 439.3701 551.2534 Tm ( )Tj 0.028 Tc 10.5 0 0 10.5 99.2126 519.2534 Tm (Aggregate carrying amount of individually )Tj 0.999 -1.524 Td (immaterial associates and joint ventures in the )Tj T* (consolidated financial statements)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 26.187 0 Td (1,096,609)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (1,066,221)Tj 0 Tw -35.285 -1.524 Td (Aggregate amounts of the Group\222s share of those )Tj 0.999 -1.524 Td (associates\222 and joint ventures\222 profit for the year)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 27.66 0 Td (42,947)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (51,109)Tj 0 Tw -36.758 -1.524 Td (Aggregate amounts of the Group\222s share of )Tj 0.999 -1.524 Td 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VENTURES)53.2 ( )]TJ 0.028 Tc -0.028 Tw 2.025 -1.357 Td (\(Continued\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.071 Tc 0.078 Tw 10.5 0 0 10.5 99.2126 620.2631 Tm [(Summarised)14 ( financial)14 ( information)14 ( of)14 ( the)13.9 ( material)14 ( associates)13.9 ( and)14 ( material)13.9 ( joint)43.2 ( )]TJ 0.031 Tc 0.089 Tw 0 -1.429 TD [(v)0.5 (en)0.5 (t)0.5 (ur)0.5 (e)0.5 (s)3.2 (,)3.2 ( a)0.5 (d)0.5 (j)0.5 (us)0.5 (t)0.5 (ed)3.3 ( f)0.5 (o)0.5 (r)3.2 ( a)0.5 (n)0.5 (y)3.2 ( )0.5 (di)0.5 (f)0.5 (f)0.5 (er)0.5 (e)0.5 (nc)0.5 (e)0.5 (s)3.2 ( i)0.5 (n)3.2 ( )0.5 (a)0.5 (cc)0.5 (o)0.5 (un)0.5 (ti)0.5 (n)0.5 (g)3.2 ( )0.5 (p)0.5 (ol)0.5 (i)0.5 (c)0.5 (ie)0.5 (s)3.2 (,)3.2 ( )0.5 (a)0.5 (nd)3.2 ( )0.5 (r)0.5 (ec)0.5 (o)0.5 (nc)0.5 (i)0.5 (l)0.5 (ed)3.3 ( t)0.5 (o)3.2 ( )0.5 (th)0.5 (e)3.2 ( )]TJ 0.028 Tc 0 Tw T* (carrying amounts in the consolidated financial statements, is disclosed \below:)Tj ET 0 0 0 0 k /GS0 gs 218.268 545.921 51.024 -12.5 re 320.315 545.921 51.024 -12.5 re 422.362 545.921 51.024 -12.5 re 218.268 533.421 51.024 -12.5 re 320.315 533.421 51.024 -12.5 re 422.362 533.421 51.024 -12.5 re 218.268 520.921 51.024 -3.508 re 320.315 520.921 51.024 -3.508 re 422.362 520.921 51.024 -3.508 re 218.268 517.413 51.024 -12.5 re 320.315 517.413 51.024 -12.5 re 422.362 517.413 51.024 -12.5 re 218.268 504.913 51.024 -12.5 re 320.315 504.913 51.024 -12.5 re 422.362 504.913 51.024 -12.5 re 218.268 492.413 51.024 -12.5 re 320.315 492.413 51.024 -12.5 re 422.362 492.413 51.024 -12.5 re 218.268 479.913 51.024 -12.5 re 320.315 479.913 51.024 -12.5 re 422.362 479.913 51.024 -12.5 re 218.268 467.413 51.024 -12.5 re 320.315 467.413 51.024 -12.5 re 422.362 467.413 51.024 -12.5 re 218.268 454.913 51.024 -12.5 re 320.315 454.913 51.024 -12.5 re 422.362 454.913 51.024 -12.5 re 218.268 442.413 51.024 -12.5 re 320.315 442.413 51.024 -12.5 re 422.362 442.413 51.024 -12.5 re 218.268 429.913 51.024 -12.5 re 320.315 429.913 51.024 -12.5 re 422.362 429.913 51.024 -12.5 re 218.268 417.413 51.024 -12.5 re 320.315 417.413 51.024 -12.5 re 422.362 417.413 51.024 -12.5 re 218.268 404.913 51.024 -12.5 re 320.315 404.913 51.024 -12.5 re 422.362 404.913 51.024 -12.5 re 218.268 392.413 51.024 -12.5 re 320.315 392.413 51.024 -12.5 re 422.362 392.413 51.024 -12.5 re 218.268 379.913 51.024 -12 re 320.315 379.913 51.024 -12 re 422.362 379.913 51.024 -12 re 218.268 367.913 51.024 -43.5 re 320.315 367.913 51.024 -43.5 re 422.362 367.913 51.024 -43.5 re 218.268 324.413 51.024 -14.5 re 320.315 324.413 51.024 -14.5 re 422.362 324.413 51.024 -14.5 re 218.268 309.913 51.024 -29 re 320.315 309.913 51.024 -29 re 422.362 309.913 51.024 -29 re 218.268 280.913 51.024 -29 re 320.315 280.913 51.024 -29 re 422.362 280.913 51.024 -29 re 218.268 251.913 51.024 -43.5 re 320.315 251.913 51.024 -43.5 re 422.362 251.913 51.024 -43.5 re 218.268 208.413 51.024 -12 re 320.315 208.413 51.024 -12 re 422.362 208.413 51.024 -12 re 218.268 196.413 51.024 -14.5 re 320.315 196.413 51.024 -14.5 re 422.362 196.413 51.024 -14.5 re 218.268 181.913 51.024 -14.5 re 320.315 181.913 51.024 -14.5 re 422.362 181.913 51.024 -14.5 re 218.268 167.413 51.024 -14.5 re 320.315 167.413 51.024 -14.5 re 422.362 167.413 51.024 -14.5 re 218.268 152.913 51.024 -14.5 re 320.315 152.913 51.024 -14.5 re 422.362 152.913 51.024 -14.5 re 218.268 138.413 51.024 -14.5 re 320.315 138.413 51.024 -14.5 re 422.362 138.413 51.024 -14.5 re 218.268 123.913 51.024 -14.5 re 320.315 123.913 51.024 -14.5 re 422.362 123.913 51.024 -14.5 re 218.268 109.413 51.024 -14.5 re 320.315 109.413 51.024 -14.5 re 422.362 109.413 51.024 -14.5 re 218.268 94.913 51.024 -29 re 320.315 94.913 51.024 -29 re 422.362 94.913 51.024 -29 re 218.268 65.913 51.024 -3.009 re 320.315 65.913 51.024 -3.009 re 422.362 65.913 51.024 -3.009 re f BT 0 0 0 1 k /GS1 gs /T1_1 1 Tf 6.825 0 0 10.5 230.8936 562.7631 Tm (Guodian United Power )Tj 0.417 -1.19 Td (Technology Co., Ltd.)Tj 13.993 1.19 Td (China Guodian Financial )Tj 1.917 -1.19 Td (Leasing Co., Ltd.)Tj 13.229 1.19 Td (Jiangsu Nantong Power )Tj 0.931 -1.19 Td (Generation Co., Ltd.)Tj ET /CS0 CS 1 SCN 0.5 w /GS0 gs q 1 0 0 1 218.2677 546.1705 cm 0 0 m 96.378 0 l S Q BT /GS1 gs /T1_2 1 Tf 0 Tc 6.825 0 0 10.5 259.4479 547.254 Tm ( )Tj ET /GS0 gs q 1 0 0 1 320.3149 546.1705 cm 0 0 m 96.378 0 l S Q BT /GS1 gs 6.825 0 0 10.5 361.4951 547.254 Tm ( )Tj ET /GS0 gs q 1 0 0 1 422.3622 546.1705 cm 0 0 m 96.378 0 l S Q BT /GS1 gs 6.825 0 0 10.5 463.5424 547.254 Tm ( )Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 0.028 Tc -0.028 Tw -31.6 -1.19 Td (2018)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.476 0 Td (2017)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 7.476 0 Td (2018)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.476 0 Td (2017)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 7.476 0 Td (2018)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.476 0 Td (2017)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 6.825 0 2.8135 10.5 232.5844 522.2541 Tm (RMB\222000)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.642 0 Td (RMB\222000)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 7.31 0 Td (RMB\222000)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.642 0 Td (RMB\222000)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 7.31 0 Td (RMB\222000)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.642 0 Td (RMB\222000)Tj ET 1 w /GS0 gs q 1 0 0 1 218.2677 517.9126 cm 0 0 m 51.024 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tc 0 Tw 6.825 0 0 10.5 259.4479 518.7461 Tm ( )Tj ET q 1 0 0 1 269.2913 517.9126 cm 0 0 m 51.024 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 6.825 0 0 10.5 310.4715 518.7461 Tm ( )Tj ET /GS0 gs q 1 0 0 1 320.3149 517.9126 cm 0 0 m 51.024 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 6.825 0 0 10.5 361.4951 518.7461 Tm ( )Tj ET q 1 0 0 1 371.3386 517.9126 cm 0 0 m 51.024 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 6.825 0 0 10.5 412.5187 518.7461 Tm ( )Tj ET /GS0 gs q 1 0 0 1 422.3622 517.9126 cm 0 0 m 51.024 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 6.825 0 0 10.5 463.5424 518.7461 Tm ( )Tj ET q 1 0 0 1 473.3858 517.9126 cm 0 0 m 51.024 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 6.825 0 0 10.5 514.566 518.7461 Tm ( )Tj 0.028 Tc -60.858 -2.381 Td (Cash and cash equivalents)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 20.308 0 Td (573,325)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.476 0 Td (539,975)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 7.476 0 Td (129,672)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.476 0 Td (164,704)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 7.476 0 Td (297,476)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.476 0 Td (346,907)Tj 0 Tw -57.688 -1.19 Td (Other current assets)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 19.419 0 Td (8,180,597)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.476 0 Td (8,634,302)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 8.949 0 Td (67,227)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 6.892 0 Td (106,384)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 7.476 0 Td (471,966)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.476 0 Td (505,684)Tj 0 Tw -57.688 -1.19 Td (Current assets)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 19.419 0 Td (8,753,922)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.476 0 Td (9,174,277)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 8.366 0 Td (196,899)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.476 0 Td (271,088)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 7.476 0 Td (769,442)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.476 0 Td (852,591)Tj 0 Tw -57.688 -1.19 Td (Non-current assets)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 19.419 0 Td (3,504,614)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.476 0 Td (3,485,686)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 6.892 0 Td (12,267,358)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.476 0 Td (13,746,391)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 8.06 0 Td (5,181,954)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.476 0 Td (5,521,589)Tj 0 Tw -56.799 -1.19 Td (Financial liabilities)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 19.03 0 Td (\(6,614,668\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.476 0 Td (\(6,895,080\))Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 7.476 0 Td (\(3,359,850\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.476 0 Td (\(5,912,276\))Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 7.476 0 Td (\(2,182,718\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.476 0 Td (\(2,606,164\))Tj 0 Tw -56.41 -1.19 Td (Other current liabilities)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 19.03 0 Td (\(1,663,730\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.476 0 Td (\(1,441,568\))Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 8.949 0 Td (\(62,458\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 6.892 0 Td (\(135,500\))Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 7.476 0 Td (\(643,934\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.476 0 Td (\(522,729\))Tj 0 Tw -57.3 -1.19 Td (Current liabilities)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 19.03 0 Td (\(8,278,398\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.476 0 Td (\(8,336,648\))Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 7.476 0 Td (\(3,422,308\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.476 0 Td (\(6,047,776\))Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 7.476 0 Td (\(2,826,652\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.476 0 Td (\(3,128,893\))Tj 0 Tw -56.41 -1.19 Td (Non-current financial liabilities)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 0 Tc 23.533 0 Td (\226)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.532 0 Td (\226)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 0.028 Tc -0.028 Tw 2.917 0 Td (\(5,771,683\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0 Tc 0 Tw 12.035 0 Td (\226)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 0.028 Tc -0.028 Tw 2.917 0 Td (\(1,102,000\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.476 0 Td (\(1,352,000\))Tj 0 Tw -56.41 -1.19 Td (Other non-current liabilities)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 19.92 0 Td (\(938,099\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 6.586 0 Td (\(1,199,170\))Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 0 Tc 0 Tw 11.979 0 Td (\226)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.028 Tc -0.028 Tw 2.973 0 Td (\(4,689,704\))Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 9.533 0 Td (\(2,512\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 6.892 0 Td (\(22,656\))Tj 0 Tw -57.884 -1.19 Td (Net assets)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 19.419 0 Td (3,042,039)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.476 0 Td (3,124,145)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 7.476 0 Td (3,270,266)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.476 0 Td (3,279,999)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 7.476 0 Td (2,020,232)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.476 0 Td (1,870,631)Tj 0.026 Tc 0 Tw -56.799 -2.524 Td [(Reconciled to the Group\222s interests)-1.8 ( )]TJ 0.028 Tc 0.706 -1.381 Td (in the associates and joint )Tj -0.028 Tw 0 -1.381 TD (ventures:)Tj 0 Tw -0.706 -1.381 Td (Group\222s effective interest)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 20.559 0 Td (30.00%)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.476 0 Td (30.00%)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 7.476 0 Td (49.00%)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.476 0 Td (49.00%)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 7.476 0 Td (50.00%)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.476 0 Td (50.00%)Tj 0 Tw -57.939 -1.381 Td (Group\222s interest in net assets of )Tj 0.706 -1.381 Td (investee at end of year)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 19.602 0 Td (912,612)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.476 0 Td (937,244)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 6.586 0 Td (1,602,430)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.476 0 Td (1,607,200)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 7.476 0 Td (1,010,116)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.366 0 Td (935,315)Tj 0 Tw -57.688 -1.381 Td (Elimination of unrealised profit on )Tj 0.706 -1.381 Td (\(upstream\)/downstream sales)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 19.798 0 Td (\(88,785\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.476 0 Td (\(90,531\))Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 0 Tc 0 Tw 10.506 0 Td (\226)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.532 0 Td (\226)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 0.028 Tc -0.028 Tw 4.779 0 Td (16,450)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.476 0 Td (16,450)Tj 0 Tw -58.272 -1.381 Td (Carrying amount of interests in )Tj 0.706 -1.381 Td (associates and joint ventures at )Tj T* (end of year)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 19.602 0 Td (823,827)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.476 0 Td (846,713)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 6.586 0 Td (1,602,430)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.476 0 Td (1,607,200)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 7.476 0 Td (1,026,566)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.366 0 Td (951,765)Tj -57.688 -2.524 Td (Revenue)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 19.419 0 Td (3,436,960)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.476 0 Td (5,345,411)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 8.366 0 Td (606,295)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.476 0 Td (501,163)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 6.586 0 Td (3,287,872)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.476 0 Td (3,451,983)Tj 0 Tw -56.799 -1.381 Td (Depreciation and amortisation)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 20.504 0 Td (\(70,518\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 6.892 0 Td (\(128,448\))Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 9.533 0 Td (\(154\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.476 0 Td (\(444\))Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 5.419 0 Td (\(341,744\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.476 0 Td (\(398,709\))Tj 0 Tw -57.3 -1.381 Td (Finance income)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 21.476 0 Td (3,634)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.476 0 Td (1,896)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 7.476 0 Td (2,728)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.476 0 Td (1,794)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 7.476 0 Td (1,485)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.476 0 Td (1,786)Tj 0 Tw -58.856 -1.381 Td (Finance expenses)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 19.92 0 Td (\(158,901\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.476 0 Td (\(142,759\))Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 8.644 0 Td (\(8,288\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.366 0 Td (\(591\))Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 5.419 0 Td (\(171,520\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.476 0 Td (\(131,460\))Tj 0 Tw -57.3 -1.381 Td (Income tax)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 20.504 0 Td (\(72,424\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.476 0 Td (\(72,536\))Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 7.476 0 Td (\(29,896\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.476 0 Td (\(79,238\))Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 7.476 0 Td (\(60,379\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.476 0 Td (\(92,294\))Tj 0 Tw -57.884 -1.381 Td (Profit/\(loss\) for the year)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 20.504 0 Td (\(57,106\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.865 0 Td (58,909)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 7.476 0 Td (83,161)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 6.892 0 Td (239,126)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 7.476 0 Td (198,377)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.476 0 Td (277,271)Tj 0 Tw -57.688 -1.381 Td (Total comprehensive income/\(loss\))Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 20.504 0 Td (\(57,106\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.865 0 Td (59,312)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 7.476 0 Td (83,161)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 6.892 0 Td (239,126)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 7.476 0 Td (198,377)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.476 0 Td (277,271)Tj 0 Tw -57.688 -1.381 Td (Dividends declared during the )Tj -0.028 Tw 0.706 -1.381 Td (year)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 20.186 0 Td (25,000)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0 Tc 0 Tw 10.173 0 Td (\226)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 0.028 Tc -0.028 Tw 4.779 0 Td (92,895)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 6.892 0 Td (146,221)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 8.06 0 Td (48,775)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 6.892 0 Td (547,793)Tj ET endstreamendobj540 0 obj<>endobj537 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 536.9537 33.8036 Tm (311)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0.081 Tc 0.078 Tw 14 0 0 14 70.8661 670.2631 Tm [(2)53.2 (0)53.2 ( )-420.2 (INVESTMENTS)13.6 ( IN)13.7 ( ASSOCIATES)13.7 ( AND)13.7 ( JOINT)13.7 ( VENTURES)]TJ 0 Tc 0 Tw 32.424 0 Td ( )Tj ET 0 0 0 0 k 354.331 649.485 85.039 -16 re 354.331 633.485 85.039 -16 re 354.331 617.485 85.039 -4.01 re 354.331 613.475 85.039 -16 re 354.331 597.475 85.039 -16 re 354.331 581.475 85.039 -7.664 re 354.331 573.812 85.039 -3.508 re f BT /CS0 cs 1 scn 0.028 Tc -0.028 Tw 10.5 0 0 10.5 409.4731 634.8186 Tm (2018)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (2017)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 10.5 0 2.8135 10.5 386.5307 618.8186 Tm (RMB\222000)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.265 0 Td (RMB\222000)Tj ET /CS0 CS 1 SCN /GS0 gs q 1 0 0 1 99.2126 613.9754 cm 0 0 m 255.118 0 l S Q BT /GS1 gs 0 Tc 0 Tw 10.5 0 0 10.5 99.2126 614.8089 Tm ( )Tj ET /GS0 gs q 1 0 0 1 354.3307 613.9754 cm 0 0 m 85.039 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 10.5 0 0 10.5 427.279 614.8089 Tm ( )Tj ET q 1 0 0 1 439.3701 613.9754 cm 0 0 m 85.039 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 2.8135 10.5 512.3184 614.8089 Tm ( )Tj 0.028 Tc 10.5 0 0 10.5 99.2126 582.8089 Tm (Share of net assets)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 27.186 0 Td (4,549,432)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (4,471,899)Tj ET 2.5 w /GS0 gs q 1 0 0 1 360 577.5619 cm 0 0 m 73.701 0 l S Q 0.835 w q 1 0 0 1 360 574.2294 cm 0 0 m 73.701 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tc 0 Tw 10.5 0 0 10.5 427.279 575.1454 Tm ( )Tj ET 2.5 w q 1 0 0 1 445.0394 577.5619 cm 0 0 m 73.701 0 l S Q 0.835 w q 1 0 0 1 445.0394 574.2294 cm 0 0 m 73.701 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 0 10.5 512.3184 575.1454 Tm ( )Tj 0.026 Tc -39.343 -3.255 Td [(The following list contains only the particulars of material associates \and material joint)-1.8 ( )]TJ 0.025 Tc 0 -1.524 TD [(ventures at 31 December 2018, all of which are limited liability compani\es established)-2.8 ( )]TJ 0.028 Tc T* (in the PRC, which principally affected the results or assets of the Grou\p:)Tj /T1_1 1 Tf 6.825 0 0 10.5 229.6062 440.9619 Tm (Place of )Tj -0.028 Tw 0 -1.571 TD (establishment )Tj 0 Tw 9.03 3.143 Td (Particulars of )Tj -0.028 Tw 1.667 -1.571 Td (registered )Tj 1.75 -1.571 Td (capital )Tj 0 Tw 7.338 4.953 Td (Percentage of )Tj -0.028 Tw 0.598 -1.571 Td (attributable )Tj 0 Tw -0.737 -1.571 Td (equity interest)Tj 11.503 -1.81 Td (Principal activities)Tj 0 Tc ( )Tj ET 0.5 w /GS0 gs q 1 0 0 1 348.6613 439.3784 cm 0 0 m 79.37 0 l S Q BT /GS1 gs 6.825 0 0 10.5 342.9921 440.4619 Tm ( )Tj 0.028 Tc -0.028 Tw 2.842 -1.524 Td (Direct)Tj 5.812 0 Td (Indirect)Tj /T1_2 1 Tf 6.825 0 2.8135 10.5 307.4181 408.4619 Tm (RMB\222000)Tj ET 1 w /GS0 gs q 1 0 0 1 99.2125 404.1204 cm 0 0 m 124.724 0 l S Q BT /GS1 gs 0 Tc 0 Tw 6.825 0 0 10.5 99.2125 404.9539 Tm ( )Tj ET /GS0 gs q 1 0 0 1 223.9369 404.1204 cm 0 0 m 59.528 0 l S Q BT /GS1 gs 6.825 0 0 10.5 223.9369 404.9539 Tm ( )Tj ET /GS0 gs q 1 0 0 1 283.4645 404.1204 cm 0 0 m 59.528 0 l S Q BT /GS1 gs 6.825 0 0 10.5 333.1486 404.9539 Tm ( )Tj ET /GS0 gs q 1 0 0 1 342.992 404.1204 cm 0 0 m 45.354 0 l S Q BT /GS1 gs 6.825 0 0 10.5 378.5029 404.9539 Tm ( )Tj ET /GS0 gs q 1 0 0 1 388.3464 404.1204 cm 0 0 m 45.354 0 l S Q BT /GS1 gs 6.825 0 0 10.5 423.8573 404.9539 Tm ( )Tj ET /GS0 gs q 1 0 0 1 433.7007 404.1204 cm 0 0 m 90.709 0 l S Q BT /GS1 gs 6.825 0 0 10.5 442.2047 404.9539 Tm ( )Tj /T1_1 1 Tf 0.028 Tc -0.028 Tw -50.255 -3.095 Td (Associates)Tj /C0_0 1 Tf 0 -1.571 TD <0A370F65144C03A50A17026204A60B9403DE082202AE0321>Tj /T1_2 1 Tf 0 Tw 0 -1.571 TD (Guodian United Power Technology )Tj 0.955 -1.571 Td (Co., Ltd.)Tj 18.15 3.143 Td (the PRC)Tj -0.028 Tw 11.112 0 Td (2,137,527)Tj 7.786 0 Td (30.00%)Tj 0 Tc 0 Tw 9.675 0 Td (\226)Tj 0.028 Tc 2.577 0 Td (Manufacturing and sale )Tj 1.246 -1.571 Td (of power equipment)Tj /C0_0 1 Tf -0.028 Tw -51.501 -3.143 Td <0A370F6513440F1F09610F2303DE082202AE0321>Tj /T1_2 1 Tf 0 Tc 0 Tw ( )Tj 0.028 Tc T* (China Guodian Financial Leasing )Tj 0 Tc 6.825 0 0 10.5 208.4633 289.9539 Tm ( )Tj 0.028 Tc 6.825 0 0 10.5 105.7322 273.4539 Tm (Co., Ltd)Tj 18.15 3.143 Td (the PRC)Tj -0.028 Tw 11.112 0 Td (3,000,000)Tj 0 Tc 0 Tw 10.816 0 Td (\226)Tj 0.028 Tc -0.028 Tw 3.615 0 Td (49.00%)Tj 0 Tw 5.607 0 Td (Financial leasing)Tj /T1_1 1 Tf -50.255 -6.19 Td (Joint venture)Tj /C0_0 1 Tf -0.028 Tw T* <03EA163D06CC0BB70CEF0F6503DE082202AE0321>Tj /T1_2 1 Tf 0 Tw T* (Jiangsu Nantong Power Generation )Tj 0.955 -1.571 Td (Co., Ltd.)Tj 18.15 3.143 Td (the PRC)Tj -0.028 Tw 11.112 0 Td (1,596,000)Tj 0 Tc 0 Tw 10.816 0 Td (\226)Tj 0.028 Tc -0.028 Tw 3.615 0 Td (50.00%)Tj 0 Tw 5.607 0 Td (Coal power generation)Tj ET endstreamendobj538 0 obj<>endobj534 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 37.6388 33.8036 Tm (310)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0 Tw 14 0 0 14 70.8661 670.2631 Tm [(19 )-551.2 (INVESTMENTS IN SUBSIDIARIES \(Continued\))]TJ 0 0 0 1 k /GS1 gs /T1_2 1 Tf 9.5 0 2.5455 9.5 98.2376 641.2631 Tm (Notes: \(Continued\))Tj 0.092 Tw 9.5 0 0 9.5 99.2126 615.2631 Tm [(\(iii\) )-1114.9 (The )0.5 (following table lists )0.5 (out the )0.5 (information relating )0.5 (to )0.5 (subsidiaries of the )0.5 (Group )0.5 (which )]TJ 0.054 Tc 0.078 Tw 2.984 -1.368 Td [(have)13.8 ( material)13.9 ( non)13.8 (-)13.9 (controlling)13.8 ( interests)13.8 ( \()13.8 (NCI)13.8 (\))13.9 (.)13.8 ( The)13.9 ( summarised)13.9 ( financial)13.9 ( information)26.2 ( )]TJ 0.028 Tc 0 Tw 0 -1.368 TD (presented below presents the amounts before any inter-company eliminatio\ns.)Tj ET 0 0 0 0 k /GS0 gs 206.929 520.048 39.685 -13 re 286.299 520.048 39.685 -13 re 365.669 520.048 39.685 -13 re 445.039 520.048 39.685 -13 re 206.929 507.048 39.685 -13 re 286.299 507.048 39.685 -13 re 365.669 507.048 39.685 -13 re 445.039 507.048 39.685 -13 re 206.929 494.048 39.685 -3.508 re 286.299 494.048 39.685 -3.508 re 365.669 494.048 39.685 -3.508 re 445.039 494.048 39.685 -3.508 re 206.929 490.54 39.685 -13 re 286.299 490.54 39.685 -13 re 365.669 490.54 39.685 -13 re 445.039 490.54 39.685 -13 re 206.929 477.54 39.685 -13 re 286.299 477.54 39.685 -13 re 365.669 477.54 39.685 -13 re 445.039 477.54 39.685 -13 re 206.929 464.54 39.685 -13 re 286.299 464.54 39.685 -13 re 365.669 464.54 39.685 -13 re 445.039 464.54 39.685 -13 re 206.929 451.54 39.685 -13 re 286.299 451.54 39.685 -13 re 365.669 451.54 39.685 -13 re 445.039 451.54 39.685 -13 re 206.929 438.54 39.685 -13 re 286.299 438.54 39.685 -13 re 365.669 438.54 39.685 -13 re 445.039 438.54 39.685 -13 re 206.929 425.54 39.685 -13 re 286.299 425.54 39.685 -13 re 365.669 425.54 39.685 -13 re 445.039 425.54 39.685 -13 re 206.929 412.54 39.685 -13 re 286.299 412.54 39.685 -13 re 365.669 412.54 39.685 -13 re 445.039 412.54 39.685 -13 re 206.929 399.54 39.685 -13 re 286.299 399.54 39.685 -13 re 365.669 399.54 39.685 -13 re 445.039 399.54 39.685 -13 re 206.929 386.54 39.685 -13 re 286.299 386.54 39.685 -13 re 365.669 386.54 39.685 -13 re 445.039 386.54 39.685 -13 re 206.929 373.54 39.685 -13 re 286.299 373.54 39.685 -13 re 365.669 373.54 39.685 -13 re 445.039 373.54 39.685 -13 re 206.929 360.54 39.685 -13 re 286.299 360.54 39.685 -13 re 365.669 360.54 39.685 -13 re 445.039 360.54 39.685 -13 re 206.929 347.54 39.685 -13 re 286.299 347.54 39.685 -13 re 365.669 347.54 39.685 -13 re 445.039 347.54 39.685 -13 re 206.929 334.54 39.685 -13 re 286.299 334.54 39.685 -13 re 365.669 334.54 39.685 -13 re 445.039 334.54 39.685 -13 re 206.929 321.54 39.685 -13 re 286.299 321.54 39.685 -13 re 365.669 321.54 39.685 -13 re 445.039 321.54 39.685 -13 re 206.929 308.54 39.685 -13 re 286.299 308.54 39.685 -13 re 365.669 308.54 39.685 -13 re 445.039 308.54 39.685 -13 re 206.929 295.54 39.685 -13 re 286.299 295.54 39.685 -13 re 365.669 295.54 39.685 -13 re 445.039 295.54 39.685 -13 re 206.929 282.54 39.685 -13 re 286.299 282.54 39.685 -13 re 365.669 282.54 39.685 -13 re 445.039 282.54 39.685 -13 re 206.929 269.54 39.685 -13 re 286.299 269.54 39.685 -13 re 365.669 269.54 39.685 -13 re 445.039 269.54 39.685 -13 re 206.929 256.54 39.685 -26 re 286.299 256.54 39.685 -26 re 365.669 256.54 39.685 -26 re 445.039 256.54 39.685 -26 re 206.929 230.54 39.685 -26 re 286.299 230.54 39.685 -26 re 365.669 230.54 39.685 -26 re 445.039 230.54 39.685 -26 re 206.929 204.54 39.685 -26 re 286.299 204.54 39.685 -26 re 365.669 204.54 39.685 -26 re 445.039 204.54 39.685 -26 re 206.929 178.54 39.685 -13 re 286.299 178.54 39.685 -13 re 365.669 178.54 39.685 -13 re 445.039 178.54 39.685 -13 re 206.929 165.54 39.685 -26 re 286.299 165.54 39.685 -26 re 365.669 165.54 39.685 -26 re 445.039 165.54 39.685 -26 re 206.929 139.54 39.685 -3.009 re 286.299 139.54 39.685 -3.009 re 365.669 139.54 39.685 -3.009 re 445.039 139.54 39.685 -3.009 re f BT 0 0 0 1 k /GS1 gs /T1_1 1 Tf 5.7 0 0 9.5 216.1275 563.2631 Tm (Jiangyin Sulong Heat )Tj -0.222 -1.368 Td (and Power Generating )Tj 3.46 -1.368 Td (Co., Ltd.)Tj 9.896 2.632 Td (Nantong Tianshenggang )Tj 1.652 -1.316 Td (Power Generation )Tj 2.376 -1.316 Td (Co., Ltd.)Tj 11.48 2.737 Td (Huanan Longyuan )Tj -1.362 -1.368 Td (Wind Power Generation )Tj 3.807 -1.368 Td (Co., Ltd.)Tj 11.646 2.737 Td (Xinjiang Tianfeng )Tj -1.514 -1.368 Td (Power Generation Joint )Tj 1.959 -1.368 Td (Stock Company)Tj /T1_2 1 Tf 5.7 0 2.5455 9.5 230.1195 524.2631 Tm (\(note 19\(ii\)\))Tj 13.925 0 Td (\(note 19\(ii\)\))Tj 13.925 0 Td (\(note 19\(ii\)\))Tj 13.925 0 Td (\(note 19\(ii\)\))Tj ET /CS0 CS 1 SCN 0.5 w /GS0 gs q 1 0 0 1 206.9292 520.2976 cm 0 0 m 73.701 0 l S Q BT /GS1 gs 0 Tc 6.3 0 0 10.5 206.9292 521.3811 Tm ( )Tj ET /GS0 gs q 1 0 0 1 286.2993 520.2976 cm 0 0 m 73.701 0 l S Q BT /GS1 gs 6.3 0 0 10.5 286.2993 521.3811 Tm ( )Tj ET /GS0 gs q 1 0 0 1 365.6694 520.2976 cm 0 0 m 73.701 0 l S Q BT /GS1 gs 6.3 0 0 10.5 365.6694 521.3811 Tm ( )Tj ET /GS0 gs q 1 0 0 1 445.0395 520.2976 cm 0 0 m 73.701 0 l S Q BT /GS1 gs 6.3 0 0 10.5 445.0395 521.3811 Tm ( )Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 0.028 Tc -0.028 Tw 5.7 0 0 9.5 227.7928 508.2541 Tm (2018)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 6.962 0 Td (2017)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 6.962 0 Td (2018)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 6.962 0 Td (2017)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 6.962 0 Td (2018)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 6.962 0 Td (2017)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 6.962 0 Td (2018)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 6.962 0 Td (2017)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 5.7 0 2.5455 9.5 214.9485 495.2541 Tm (RMB\222000)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.128 0 Td (RMB\222000)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 6.796 0 Td (RMB\222000)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.128 0 Td (RMB\222000)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 6.796 0 Td (RMB\222000)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.128 0 Td (RMB\222000)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 6.796 0 Td (RMB\222000)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.128 0 Td (RMB\222000)Tj ET 1 w /GS0 gs q 1 0 0 1 127.5592 491.0396 cm 0 0 m 79.37 0 l S Q BT /GS1 gs 0 Tc 0 Tw 6.3 0 0 10.5 127.5592 491.8731 Tm ( )Tj ET /GS0 gs q 1 0 0 1 206.9293 491.0396 cm 0 0 m 39.685 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 6.3 0 0 10.5 237.0919 491.8731 Tm ( )Tj ET q 1 0 0 1 246.6143 491.0396 cm 0 0 m 39.685 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 6.3 0 0 10.5 276.777 491.8731 Tm ( )Tj ET /GS0 gs q 1 0 0 1 286.2993 491.0396 cm 0 0 m 39.685 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 6.3 0 0 10.5 316.462 491.8731 Tm ( )Tj ET q 1 0 0 1 325.9844 491.0396 cm 0 0 m 39.685 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 6.3 0 0 10.5 356.1471 491.8731 Tm ( )Tj ET /GS0 gs q 1 0 0 1 365.6694 491.0396 cm 0 0 m 39.685 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 6.3 0 0 10.5 395.8321 491.8731 Tm ( )Tj ET q 1 0 0 1 405.3545 491.0396 cm 0 0 m 39.685 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 6.3 0 0 10.5 435.5172 491.8731 Tm ( )Tj ET /GS0 gs q 1 0 0 1 445.0395 491.0396 cm 0 0 m 39.685 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 6.3 0 0 10.5 475.2022 491.8731 Tm ( )Tj ET q 1 0 0 1 484.7245 491.0396 cm 0 0 m 39.685 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 6.3 0 0 10.5 514.8872 491.8731 Tm ( )Tj 0.028 Tc 5.7 0 0 9.5 127.5591 465.7461 Tm (NCI percentage)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 16.362 0 Td (73.00%)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 6.962 0 Td (73.00%)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 6.962 0 Td (68.06%)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 6.962 0 Td (68.06%)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 6.962 0 Td (60.00%)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 6.962 0 Td (60.00%)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 6.962 0 Td (40.48%)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 6.962 0 Td (40.48%)Tj 0 Tw -65.098 -2.737 Td (Profit allocated to NCI)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 16.111 0 Td (285,239)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 6.962 0 Td (323,491)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 7.546 0 Td (29,636)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.546 0 Td (4,173)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 6.378 0 Td (13,231)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.546 0 Td (1,915)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 6.378 0 Td (27,008)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 6.962 0 Td (16,685)Tj 0 Tw -65.431 -1.368 Td (Dividend paid to NCI)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 16.111 0 Td (265,896)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 6.962 0 Td (410,126)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 7.546 0 Td (34,030)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 6.962 0 Td (91,522)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 7.546 0 Td (8,562)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0 Tc 0 Tw 9.075 0 Td (\226)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 0.028 Tc -0.028 Tw 4.265 0 Td (33,738)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 6.962 0 Td (34,206)Tj 0 Tw -65.431 -1.368 Td (Carrying amount of NCI)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 15.222 0 Td (1,747,162)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 6.962 0 Td (1,727,819)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 6.962 0 Td (1,783,287)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 6.962 0 Td (1,789,510)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 7.852 0 Td (272,807)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 6.962 0 Td (268,138)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 6.962 0 Td (274,106)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 6.962 0 Td (280,836)Tj -64.847 -2.737 Td (Revenue)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 15.222 0 Td (5,567,229)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 6.962 0 Td (5,501,659)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 6.962 0 Td (1,746,886)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 6.962 0 Td (2,488,110)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 7.852 0 Td (119,788)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 6.962 0 Td (115,526)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 6.962 0 Td (202,441)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 6.962 0 Td (171,190)Tj 0 Tw -64.847 -1.368 Td (Total expenses)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 14.833 0 Td (\(5,176,490\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 6.962 0 Td (\(5,058,520\))Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 6.962 0 Td (\(1,703,342\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 6.962 0 Td (\(2,477,539\))Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 8.436 0 Td (\(97,736\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 6.378 0 Td (\(112,334\))Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 6.962 0 Td (\(135,722\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 6.962 0 Td (\(129,973\))Tj 0 Tw -64.459 -1.368 Td (Profit for the year)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 16.111 0 Td (390,739)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 6.962 0 Td (443,139)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 7.546 0 Td (43,544)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 6.962 0 Td (10,571)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 6.962 0 Td (22,052)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.546 0 Td (3,192)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 6.378 0 Td (66,719)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 6.962 0 Td (41,217)Tj 0 Tw -65.431 -1.368 Td (Total comprehensive income)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 16.111 0 Td (390,739)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 6.962 0 Td (443,139)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 7.546 0 Td (40,857)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.546 0 Td (6,132)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 6.378 0 Td (22,052)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.546 0 Td (3,192)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 6.378 0 Td (66,719)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 6.962 0 Td (41,217)Tj 0 Tw -65.431 -2.737 Td (Current assets)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 15.222 0 Td (1,084,461)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 6.962 0 Td (1,650,121)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 7.852 0 Td (415,232)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 6.962 0 Td (863,795)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 6.962 0 Td (113,308)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.546 0 Td (60,908)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 6.378 0 Td (249,830)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 6.962 0 Td (178,136)Tj 0 Tw -64.847 -1.368 Td (Non-current assets)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 15.222 0 Td (3,135,473)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 6.962 0 Td (2,977,113)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 6.962 0 Td (3,736,757)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 6.962 0 Td (3,429,019)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 7.852 0 Td (670,722)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 6.962 0 Td (734,517)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 6.962 0 Td (733,606)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 6.962 0 Td (805,945)Tj 0 Tw -64.847 -1.368 Td (Current liabilities)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 14.833 0 Td (\(1,763,425\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 6.962 0 Td (\(2,193,158\))Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 7.852 0 Td (\(886,943\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 6.073 0 Td (\(1,010,987\))Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 8.436 0 Td (\(59,409\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 6.962 0 Td (\(29,772\))Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 6.378 0 Td (\(306,297\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 6.962 0 Td (\(290,316\))Tj 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Tw 6.3 0 0 10.5 196.7569 500.3016 Tm ( )Tj 0.028 Tc 6.3 0 0 10.5 127.5591 484.3016 Tm (Longyuan Donghai Wind Power Generation )Tj T* (Co., Ltd.)Tj 22.497 3.048 Td (the PRC)Tj -0.028 Tw 13.975 0 Td (RMB)Tj -3.615 -1.524 Td (180,757,143)Tj 9.507 1.524 Td (70.00%)Tj 0 Tc 0 Tw 10.229 0 Td (\226)Tj 0.028 Tc 2.75 0 Td (Wind power )Tj -0.028 Tw 1.35 -1.524 Td (generation)Tj -61.192 -3.048 Td (67)Tj /C0_0 1 Tf 3.15 0 Td <113F041313B20E55082C02620CEF0F6503DE082202AE0321>Tj /T1_2 1 Tf 0 Tc 0 Tw 6.3 0 0 10.5 196.7569 452.3016 Tm ( )Tj 0.028 Tc 6.3 0 0 10.5 127.5591 436.3016 Tm (Guangxi Longyuan Wind Power Generation )Tj T* (Co., Ltd.)Tj 22.497 3.048 Td (the PRC)Tj -0.028 Tw 13.975 0 Td (RMB)Tj -3.615 -1.524 Td (164,308,760)Tj 8.923 1.524 Td (100.00%)Tj 0 Tc 0 Tw 10.813 0 Td (\226)Tj 0.028 Tc 2.75 0 Td (Wind power )Tj -0.028 Tw 1.35 -1.524 Td (generation)Tj -61.192 -3.048 Td (68)Tj /C0_0 1 Tf 3.15 0 Td <090E06CC13B20E55082C02620CEF0F6503DE082202AE0321>Tj /T1_2 1 Tf 0 Tc 0 Tw 6.3 0 0 10.5 196.7569 404.3016 Tm ( )Tj 0.028 Tc 6.3 0 0 10.5 127.5591 388.3016 Tm (Hainan Longyuan Wind Power Generation )Tj T* (Co., Ltd.)Tj 22.497 3.048 Td (the PRC)Tj -0.028 Tw 13.975 0 Td (RMB)Tj -3.615 -1.524 Td (299,088,800)Tj 9.507 1.524 Td (75.00%)Tj 7.199 0 Td (25.00%)Tj 0 Tw 5.78 0 Td (Wind power )Tj -0.028 Tw 1.35 -1.524 Td (generation)Tj -61.192 -3.048 Td (69)Tj /C0_0 1 Tf 3.15 0 Td <090E03C413B20E55090E026A082C02620CEF0F6503DE082202AE0321>Tj /T1_2 1 Tf 0 Tc 0 Tw 6.3 0 0 10.5 209.7072 356.3016 Tm ( )Tj 0.028 Tc 6.3 0 0 10.5 127.5591 340.3016 Tm (Haian Longyuan Offshore Wind Power )Tj T* (Generation Co., Ltd.)Tj 22.497 3.048 Td (the PRC)Tj -0.028 Tw 13.975 0 Td (RMB)Tj -3.615 -1.524 Td (720,000,000)Tj 9.507 1.524 Td (70.00%)Tj 7.199 0 Td (30.00%)Tj 0 Tw 5.78 0 Td (Wind power )Tj -0.028 Tw 1.35 -1.524 Td (generation)Tj -61.192 -3.048 Td (70)Tj /C0_0 1 Tf 3.15 0 Td <1045071413B20E55090E026A082C02620CEF0F6503DE082202AE0321>Tj /T1_2 1 Tf 0 Tc 0 Tw 6.3 0 0 10.5 209.7072 308.3016 Tm ( )Tj 0.028 Tc 6.3 0 0 10.5 127.5591 292.3016 Tm (Fujian Longyuan Offshore Wind Power )Tj T* (Generation Co., Ltd.)Tj 22.497 3.048 Td (the PRC)Tj -0.028 Tw 13.975 0 Td (RMB)Tj -3.615 -1.524 Td (900,000,000)Tj 9.507 1.524 Td (70.00%)Tj 7.199 0 Td (30.00%)Tj 0 Tw 5.78 0 Td (Wind power )Tj -0.028 Tw 1.35 -1.524 Td (generation)Tj -61.192 -3.048 Td (71)Tj /C0_0 1 Tf 3.15 0 Td <13B20E55173E06EC027D152E090E026A082C02620CEF0F6503DE082202AE0321>Tj /T1_2 1 Tf 0 Tc 0 Tw 6.3 0 0 10.5 222.6574 260.3016 Tm ( )Tj 0.028 Tc 6.3 0 0 10.5 127.5591 244.3016 Tm (Longyuan Yancheng Dafeng Offshore Wind )Tj T* (Power Generation Co., Ltd.)Tj 22.497 3.048 Td (the PRC)Tj -0.028 Tw 13.975 0 Td (RMB)Tj -3.615 -1.524 Td (831,000,000)Tj 8.923 1.524 Td (100.00%)Tj 0 Tc 0 Tw 10.813 0 Td (\226)Tj 0.028 Tc 2.75 0 Td (Wind power )Tj -0.028 Tw 1.35 -1.524 Td (generation)Tj -61.192 -3.048 Td (72)Tj /C0_0 1 Tf 3.15 0 Td [<13B20E55>502.6 <0080>104.2 <02C2077513F5090E0E2D0A1C>104.2 <0081>502.6 <082C02620CEF0F6503DE082202AE0321>]TJ /T1_2 1 Tf 0 Tc 0 Tw 6.3 0 0 10.5 227.9671 212.3016 Tm ( )Tj 0.028 Tc 6.3 0 0 10.5 127.5591 196.3016 Tm (Longyuan \(Tianjin Binhai\) Wind Power )Tj T* (Generation Co., Ltd.)Tj 22.497 3.048 Td (the PRC)Tj -0.028 Tw 13.975 0 Td (RMB)Tj -3.032 -1.524 Td (96,890,000)Tj 8.339 1.524 Td (100.00%)Tj 0 Tc 0 Tw 10.813 0 Td (\226)Tj 0.028 Tc 2.75 0 Td (Wind power )Tj -0.028 Tw 1.35 -1.524 Td (generation)Tj -61.192 -3.048 Td (73)Tj /C0_0 1 Tf 3.15 0 Td <0DBD13B203EA13B20E550E2D09900E550CEF089D03DE082202AE0321>Tj /T1_2 1 Tf 0 Tc 0 Tw 6.3 0 0 10.5 209.7072 164.3016 Tm ( )Tj 0.028 Tc 6.3 0 0 10.5 127.5591 148.3016 Tm (Heilongjiang Longyuan New Energy )Tj T* (Development Co., Ltd.)Tj 22.497 3.048 Td (the PRC)Tj -0.028 Tw 13.975 0 Td (RMB)Tj -3.615 -1.524 Td (976,884,000)Tj 8.923 1.524 Td (100.00%)Tj 0 Tc 0 Tw 10.813 0 Td (\226)Tj 0.028 Tc 2.75 0 Td (Wind power )Tj -0.028 Tw 1.35 -1.524 Td (generation)Tj -61.192 -3.048 Td (74)Tj /C0_0 1 Tf 3.15 0 Td <13B20E5506CC06A20319038E035B09900E5503DE082202AE0321>Tj /T1_2 1 Tf 0 Tc 0 Tw 6.3 0 0 10.5 203.232 116.3016 Tm ( )Tj 0.028 Tc 6.3 0 0 10.5 127.5591 100.3016 Tm (Longyuan South Africa Renewables )Tj T* (Proprietary Limited)Tj 22.497 3.048 Td (South Africa)Tj -0.028 Tw 14.197 0 Td (ZAR)Tj 0.277 -1.524 Td (100)Tj 0 Tc 0 Tw 8.423 1.524 Td (\226)Tj 0.028 Tc -0.028 Tw 3.585 0 Td (100.00%)Tj 0 Tw 6.363 0 Td (Wind power )Tj -0.028 Tw 1.35 -1.524 Td (generation)Tj /CS1 cs 0.3 1 scn /GS0 gs /T1_1 1 Tf 0 Tw 14 0 0 14 70.8661 670.2632 Tm [(19 )-551.2 (INVESTMENTS IN SUBSIDIARIES \(Continued\))]TJ ET endstreamendobj559 0 obj<>endobj556 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 536.9537 33.8036 Tm (307)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT 0 0 0 1 k /GS1 gs /T1_1 1 Tf 0 Tw 6.3 0 0 10.5 99.2126 583.8835 Tm (Name of the company)Tj 26.997 3.048 Td (Place of )Tj -0.028 Tw 0 -1.524 TD (Incorporation/)Tj T* (establishment)Tj 0 Tw 10.724 4.571 Td (Issued and )Tj -1.11 -1.524 Td (fully paid-up/)Tj -0.028 Tw 1.499 -1.524 Td (registered )Tj 1.75 -1.524 Td (capital)Tj 0 Tw 7.96 4.858 Td (Percentage of )Tj -0.028 Tw 0.598 -1.524 Td (attributable )Tj 0 Tw -0.737 -1.524 Td (equity interest)Tj -0.028 Tw 12.161 -0.287 Td (Principal )Tj T* (activities)Tj ET /CS0 CS 1 SCN 0.5 w /GS0 gs q 1 0 0 1 382.6772 598.8091 cm 0 0 m 79.37 0 l S Q BT /GS1 gs 0 Tc 0 Tw 6.3 0 0 10.5 377.0079 599.8926 Tm ( )Tj 0.028 Tc -0.028 Tw 3.326 -1.525 Td (Direct)Tj 6.365 0 Td (Indirect)Tj ET 1 w /GS0 gs q 1 0 0 1 99.2126 579.5421 cm 0 0 m 19.843 0 l S Q BT /GS1 gs /T1_2 1 Tf 0 Tc 0 Tw 6.3 0 0 10.5 99.2126 580.3755 Tm ( )Tj ET /GS0 gs q 1 0 0 1 119.0551 579.5421 cm 0 0 m 144.567 0 l S Q BT /GS1 gs 6.3 0 0 10.5 119.0551 580.3755 Tm ( )Tj ET /GS0 gs q 1 0 0 1 263.622 579.5421 cm 0 0 m 51.024 0 l S Q BT /GS1 gs 6.3 0 0 10.5 263.622 580.3755 Tm ( )Tj ET /GS0 gs q 1 0 0 1 314.6457 579.5421 cm 0 0 m 62.362 0 l S Q BT /GS1 gs 6.3 0 0 10.5 367.4855 580.3755 Tm ( )Tj ET /GS0 gs q 1 0 0 1 377.0079 579.5421 cm 0 0 m 45.354 0 l S Q BT /GS1 gs 6.3 0 0 10.5 412.8399 580.3755 Tm ( )Tj ET /GS0 gs q 1 0 0 1 422.3622 579.5421 cm 0 0 m 45.354 0 l S Q BT /GS1 gs 6.3 0 0 10.5 458.1942 580.3755 Tm ( )Tj ET /GS0 gs q 1 0 0 1 467.7166 579.5421 cm 0 0 m 56.693 0 l S Q BT /GS1 gs 6.3 0 0 10.5 476.2205 580.3755 Tm ( )Tj 0.028 Tc -0.028 Tw -59.843 -3.048 Td (54)Tj /C0_0 1 Tf 3.15 0 Td [<13B20E550F6502620DAB0FA0>502.6 <0080>104.2 <026A090E>104.2 <0081>502.6 <04B30F1F03DE082202AE0321>]TJ /T1_2 1 Tf 0 Tc 0 Tw 6.3 0 0 10.5 215.0168 548.3755 Tm ( )Tj 0.028 Tc 6.3 0 0 10.5 127.5591 532.3755 Tm (Longyuan Power Group \(Shanghai\) )Tj T* (Investment Co., Ltd.)Tj 22.497 3.048 Td (the PRC)Tj -0.028 Tw 13.975 0 Td (RMB)Tj -3.615 -1.524 Td (614,570,000)Tj 9.507 1.524 Td (25.00%)Tj 7.199 0 Td (75.00%)Tj 5.78 0 Td (Investment)Tj -59.843 -4.571 Td (55)Tj /C0_0 1 Tf 3.15 0 Td <13B20E55039F12810CE60E2D09900E5503DE082202AE0321>Tj /T1_2 1 Tf 0 Tc 0 Tw 6.3 0 0 10.5 196.7569 500.3755 Tm ( )Tj 0.028 Tc 6.3 0 0 10.5 127.5591 484.3755 Tm (Longyuan Tulufan New Energy Co., Ltd.)Tj 22.497 1.524 Td (the PRC)Tj -0.028 Tw 13.975 0 Td (RMB)Tj -3.032 -1.524 Td (45,740,000)Tj 8.923 1.524 Td (90.00%)Tj 0 Tc 0 Tw 10.229 0 Td (\226)Tj 0.028 Tc 2.75 0 Td (Solar power )Tj -0.028 Tw 1.35 -1.524 Td (generation)Tj -61.192 -1.524 Td (56)Tj /C0_0 1 Tf 3.15 0 Td <13B20E550F3A07F1082C02620CEF0F6503DE082202AE0321>Tj /T1_2 1 Tf 0 Tc 0 Tw 6.3 0 0 10.5 196.7569 468.3755 Tm ( )Tj 0.028 Tc 6.3 0 0 10.5 127.5591 452.3755 Tm (Longyuan Damao Wind Power Generation )Tj T* (Co., Ltd.)Tj 22.497 3.048 Td (the PRC)Tj -0.028 Tw 13.975 0 Td (RMB)Tj -3.615 -1.524 Td (376,380,800)Tj 8.923 1.524 Td (100.00%)Tj 0 Tc 0 Tw 10.813 0 Td (\226)Tj 0.028 Tc 2.75 0 Td (Wind power )Tj -0.028 Tw 1.35 -1.524 Td (generation)Tj -61.192 -3.048 Td (57)Tj /C0_0 1 Tf 3.15 0 Td <0A370F650E2D159B069B05D602860279082C0F650D9A0CEF03DE082202AE0321>Tj /T1_2 1 Tf 0 Tc 0 Tw 6.3 0 0 10.5 222.6574 420.3755 Tm ( )Tj 0.028 Tc 6.3 0 0 10.5 127.5591 404.3755 Tm (Guodian Xinjiang Alashankou Wind Power )Tj T* (Generation Co., Ltd.)Tj 22.497 3.048 Td (the PRC)Tj -0.028 Tw 13.975 0 Td (RMB)Tj -3.615 -1.524 Td (176,000,000)Tj 9.507 1.524 Td (70.00%)Tj 0 Tc 0 Tw 10.229 0 Td (\226)Tj 0.028 Tc 2.75 0 Td (Wind power )Tj -0.028 Tw 1.35 -1.524 Td (generation)Tj -61.192 -3.048 Td (58)Tj /C0_0 1 Tf 3.15 0 Td [<13B20E55>502.6 <0080>104.2 <0F3503C4>104.2 <0081>502.6 <082C02620CEF0F6503DE082202AE0321>]TJ /T1_2 1 Tf 0 Tc 0 Tw 6.3 0 0 10.5 202.0666 372.3756 Tm ( )Tj 0.028 Tc 6.3 0 0 10.5 127.5591 356.3756 Tm (Longyuan \(Nongan\) Wind Power Generation )Tj T* (Co., Ltd.)Tj 22.497 3.048 Td (the PRC)Tj -0.028 Tw 13.975 0 Td (RMB)Tj -3.615 -1.524 Td (153,638,900)Tj 8.923 1.524 Td (100.00%)Tj 0 Tc 0 Tw 10.813 0 Td (\226)Tj 0.028 Tc 2.75 0 Td (Wind power )Tj -0.028 Tw 1.35 -1.524 Td (generation)Tj -61.192 -3.048 Td (59)Tj /C0_0 1 Tf 3.15 0 Td <13B20E55145704E5082C02620CEF0F6503DE082202AE0321>Tj /T1_2 1 Tf 0 Tc 0 Tw 6.3 0 0 10.5 196.7569 324.3756 Tm ( )Tj 0.028 Tc 6.3 0 0 10.5 127.5591 308.3756 Tm (Longyuan Linyi Wind Power Generation )Tj 0 Tc 6.3 0 0 10.5 246.783 308.3756 Tm ( )Tj 0.028 Tc 6.3 0 0 10.5 127.5591 292.3756 Tm (Co., Ltd.)Tj 22.497 3.048 Td (the PRC)Tj -0.028 Tw 13.975 0 Td (RMB)Tj -3.615 -1.524 Td (100,455,000)Tj 8.923 1.524 Td (100.00%)Tj 0 Tc 0 Tw 10.813 0 Td (\226)Tj 0.028 Tc 2.75 0 Td (Wind power )Tj -0.028 Tw 1.35 -1.524 Td (generation)Tj -61.192 -3.048 Td (60)Tj /C0_0 1 Tf 3.15 0 Td <13B20E550F6815D9082C02620CEF0F6503DE082202AE0321>Tj /T1_2 1 Tf 0 Tc 0 Tw 6.3 0 0 10.5 196.7569 276.3756 Tm ( )Tj 0.028 Tc 6.3 0 0 10.5 127.5591 260.3756 Tm (Longyuan Jingbian Wind Power Generation )Tj T* (Co., Ltd.)Tj 22.497 3.048 Td (the PRC)Tj -0.028 Tw 13.975 0 Td (RMB)Tj -3.615 -1.524 Td (165,202,637)Tj 8.923 1.524 Td (100.00%)Tj 0 Tc 0 Tw 10.813 0 Td (\226)Tj 0.028 Tc 2.75 0 Td (Wind power )Tj -0.028 Tw 1.35 -1.524 Td (generation)Tj -61.192 -3.048 Td (61)Tj /C0_0 1 Tf 3.15 0 Td <13B20E5506DE0A570E2D09900E5503DE082202AE0321>Tj /T1_2 1 Tf 0 Tc 0 Tw 6.3 0 0 10.5 190.2817 228.3756 Tm ( )Tj 0.028 Tc 6.3 0 0 10.5 127.5591 212.3756 Tm (Longyuan Hami New Energy Co., Ltd.)Tj 22.497 1.524 Td (the PRC)Tj -0.028 Tw 13.975 0 Td (RMB)Tj -3.615 -1.524 Td (259,630,000)Tj 8.923 1.524 Td (100.00%)Tj 0 Tc 0 Tw 10.813 0 Td (\226)Tj 0.028 Tc 2.75 0 Td (Solar power )Tj -0.028 Tw 1.35 -1.524 Td (generation)Tj -61.192 -1.524 Td (62)Tj /C0_0 1 Tf 3.15 0 Td <13B20E55038C0C95082C02620CEF0F6503DE082202AE0321>Tj /T1_2 1 Tf 0 Tc 0 Tw 6.3 0 0 10.5 196.7569 196.3756 Tm ( )Tj 0.028 Tc 6.3 0 0 10.5 127.5591 180.3756 Tm (Longyuan Quanjiao Wind Power Generation )Tj T* (Co., Ltd.)Tj 22.497 3.048 Td (the PRC)Tj -0.028 Tw 13.975 0 Td (RMB)Tj -3.615 -1.524 Td (133,161,900)Tj 8.923 1.524 Td (100.00%)Tj 0 Tc 0 Tw 10.813 0 Td (\226)Tj 0.028 Tc 2.75 0 Td (Wind power )Tj -0.028 Tw 1.35 -1.524 Td (generation)Tj -61.192 -3.048 Td (63)Tj /C0_0 1 Tf 3.15 0 Td <13B20E55059B10C3082C02620CEF0F6503DE082202AE0321>Tj /T1_2 1 Tf 0 Tc 0 Tw 6.3 0 0 10.5 196.7569 148.3756 Tm ( )Tj 0.028 Tc 6.3 0 0 10.5 127.5591 132.3756 Tm (Longyuan Dingyuan Wind Power Generation )Tj T* (Co., Ltd.)Tj 22.497 3.048 Td (the PRC)Tj -0.028 Tw 13.975 0 Td (RMB)Tj -3.615 -1.524 Td (161,398,855)Tj 8.923 1.524 Td (100.00%)Tj 0 Tc 0 Tw 10.813 0 Td (\226)Tj 0.028 Tc 2.75 0 Td (Wind power )Tj -0.028 Tw 1.35 -1.524 Td (generation)Tj -61.192 -3.048 Td (64)Tj /C0_0 1 Tf 3.15 0 Td <050F08A40E2D0BF7082C02620CEF0F6503DE082202AE0321>Tj -0.076 Tc 0.076 Tw 6.3 0 2.8135 10.5 193.5918 100.3755 Tm [<0080069D>-103.8 <0D57>]TJ /T1_2 1 Tf 0.028 Tc -0.028 Tw 2.979 0 Td (\(ii\))Tj /C0_0 1 Tf 0 Tc 0 Tw 1.117 0 Td <0081>Tj /T1_2 1 Tf 6.3 0 2.8135 10.5 222.7101 100.3755 Tm ( )Tj 0.028 Tc 6.3 0 0 10.5 127.5591 84.3755 Tm (Chifeng Xinsheng Wind Power Generation )Tj T* (Co., Ltd.)Tj 6.3 0 2.8135 10.5 153.2956 68.3755 Tm ( \(note \(ii\)\))Tj 6.3 0 0 10.5 269.2914 100.3755 Tm (the PRC)Tj -0.028 Tw 13.975 0 Td (RMB)Tj -3.615 -1.524 Td (273,426,200)Tj 9.507 1.524 Td (34.00%)Tj 0 Tc 0 Tw 10.229 0 Td (\226)Tj 0.028 Tc 2.75 0 Td (Wind power )Tj -0.028 Tw 1.35 -1.524 Td (generation)Tj /CS1 cs 0.3 1 scn /GS0 gs /T1_1 1 Tf 0 Tw 14 0 0 14 70.8661 670.2632 Tm [(19 )-551.2 (INVESTMENTS IN SUBSIDIARIES \(Continued\))]TJ ET endstreamendobj557 0 obj<>endobj554 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 37.6388 33.8036 Tm (306)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT 0 0 0 1 k /GS1 gs /T1_1 1 Tf 0 Tw 6.3 0 0 10.5 99.2126 583.8096 Tm (Name of the company)Tj 26.997 3.048 Td (Place of )Tj -0.028 Tw 0 -1.524 TD (Incorporation/)Tj T* (establishment)Tj 0 Tw 10.724 4.571 Td (Issued and )Tj -1.11 -1.524 Td (fully paid-up/)Tj -0.028 Tw 1.499 -1.524 Td (registered )Tj 1.75 -1.524 Td (capital)Tj 0 Tw 7.96 4.858 Td (Percentage of )Tj -0.028 Tw 0.598 -1.524 Td (attributable )Tj 0 Tw -0.737 -1.524 Td (equity interest)Tj -0.028 Tw 12.161 -0.287 Td (Principal )Tj T* (activities)Tj ET /CS0 CS 1 SCN 0.5 w /GS0 gs q 1 0 0 1 382.6772 598.7351 cm 0 0 m 79.37 0 l S Q BT /GS1 gs 0 Tc 0 Tw 6.3 0 0 10.5 377.0079 599.8186 Tm ( )Tj 0.028 Tc -0.028 Tw 3.326 -1.525 Td (Direct)Tj 6.365 0 Td (Indirect)Tj ET 1 w /GS0 gs q 1 0 0 1 99.2126 579.4681 cm 0 0 m 19.843 0 l S Q BT /GS1 gs /T1_2 1 Tf 0 Tc 0 Tw 6.3 0 0 10.5 99.2126 580.3016 Tm ( )Tj ET /GS0 gs q 1 0 0 1 119.0551 579.4681 cm 0 0 m 144.567 0 l S Q BT /GS1 gs 6.3 0 0 10.5 119.0551 580.3016 Tm ( )Tj ET /GS0 gs q 1 0 0 1 263.622 579.4681 cm 0 0 m 51.024 0 l S Q BT /GS1 gs 6.3 0 0 10.5 263.622 580.3016 Tm ( )Tj ET /GS0 gs q 1 0 0 1 314.6457 579.4681 cm 0 0 m 62.362 0 l S Q BT /GS1 gs 6.3 0 0 10.5 367.4855 580.3016 Tm ( )Tj ET /GS0 gs q 1 0 0 1 377.0079 579.4681 cm 0 0 m 45.354 0 l S Q BT /GS1 gs 6.3 0 0 10.5 412.8399 580.3016 Tm ( )Tj ET /GS0 gs q 1 0 0 1 422.3622 579.4681 cm 0 0 m 45.354 0 l S Q BT /GS1 gs 6.3 0 0 10.5 458.1942 580.3016 Tm ( )Tj ET /GS0 gs q 1 0 0 1 467.7166 579.4681 cm 0 0 m 56.693 0 l S Q BT /GS1 gs 6.3 0 0 10.5 476.2205 580.3016 Tm ( )Tj 0.028 Tc -0.028 Tw -59.843 -3.048 Td (44)Tj /C0_0 1 Tf 3.15 0 Td <029509900F65026207C504A60D9A0CEF03DE082202AE0321>Tj /T1_2 1 Tf 0 Tc 0 Tw 6.3 0 0 10.5 196.7569 548.3016 Tm ( )Tj 0.028 Tc 6.3 0 0 10.5 127.5591 532.3016 Tm (Zhongneng Power-Tech Development )Tj 0 Tc 6.3 0 0 10.5 242.2269 532.3016 Tm ( )Tj 0.028 Tc 6.3 0 0 10.5 127.5591 516.3016 Tm (Co., Ltd.)Tj 22.497 3.048 Td (the PRC)Tj -0.028 Tw 13.975 0 Td (RMB)Tj -3.032 -1.524 Td (70,000,000)Tj 8.339 1.524 Td (100.00%)Tj 0 Tc 0 Tw 10.813 0 Td (\226)Tj 0.028 Tc -0.028 Tw 2.75 0 Td (Manufacturing )Tj 0 Tw 1.35 -1.524 Td (and sale )Tj T* (of power )Tj -0.028 Tw T* (equipment)Tj -61.192 -1.524 Td (45)Tj /C0_0 1 Tf 3.15 0 Td [<13B20E55>502.6 <0080>104.2 <030F052F>104.2 <0081>502.6 <082C0F6502880CFB04A60B9403DE082202AE0321>]TJ /T1_2 1 Tf 0 Tc 0 Tw 6.3 0 0 10.5 215.0168 484.3016 Tm ( )Tj 0.028 Tc 6.3 0 0 10.5 127.5591 468.3016 Tm (Longyuan \(Beijing\) Wind Power Engineering )Tj T* (Technology Co., Ltd.)Tj 22.497 3.048 Td (the PRC)Tj -0.028 Tw 13.975 0 Td (RMB)Tj -3.032 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422.3622 579.4681 cm 0 0 m 45.354 0 l S Q BT /GS1 gs 6.3 0 0 10.5 458.1942 580.3016 Tm ( )Tj ET /GS0 gs q 1 0 0 1 467.7166 579.4681 cm 0 0 m 56.693 0 l S Q BT /GS1 gs 6.3 0 0 10.5 476.2205 580.3016 Tm ( )Tj 0.028 Tc -0.028 Tw -59.843 -3.048 Td (34)Tj /C0_0 1 Tf 3.15 0 Td [<13B20E55>502.6 <0080>104.2 <09E20770>104.2 <0081>502.6 <082C02620CEF0F6503DE082202AE0321>]TJ /T1_2 1 Tf 0 Tc 0 Tw 6.3 0 0 10.5 202.0666 548.3016 Tm ( )Tj 0.028 Tc 6.3 0 0 10.5 127.5591 532.3016 Tm (Longyuan \(Jiuquan\) Wind Power Generation )Tj T* (Co., Ltd.)Tj 22.497 3.048 Td (the PRC)Tj -0.028 Tw 13.975 0 Td (RMB)Tj -3.615 -1.524 Td (910,334,000)Tj 8.923 1.524 Td (100.00%)Tj 0 Tc 0 Tw 10.813 0 Td (\226)Tj 0.028 Tc 2.75 0 Td (Wind power )Tj -0.028 Tw 1.35 -1.524 Td (generation)Tj -61.192 -3.048 Td (35)Tj /C0_0 1 Tf 3.15 0 Td <0286041313B20E55082C02620CEF0F6503DE082202AE0321>Tj /T1_2 1 Tf 0 Tc 0 Tw 6.3 0 0 10.5 196.7569 500.3016 Tm ( )Tj 0.028 Tc 6.3 0 0 10.5 127.5591 484.3016 Tm (Shanxi Longyuan Wind Power 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(generation)Tj -61.192 -3.048 Td (20)Tj /C0_0 1 Tf 3.15 0 Td <13B20E550D6E03C8082C02620CEF0F6503DE082202AE0321>Tj /T1_2 1 Tf 0 Tc 0 Tw 6.3 0 0 10.5 196.7569 260.3016 Tm ( )Tj 0.028 Tc 6.3 0 0 10.5 127.5591 244.3016 Tm (Longyuan Guizhou Wind Power Generation )Tj T* (Co., Ltd.)Tj 22.497 3.048 Td (the PRC)Tj -0.028 Tw 13.975 0 Td (RMB)Tj -3.615 -1.524 Td (935,713,600)Tj 8.923 1.524 Td (100.00%)Tj 0 Tc 0 Tw 10.813 0 Td (\226)Tj 0.028 Tc 2.75 0 Td (Wind power )Tj -0.028 Tw 1.35 -1.524 Td (generation)Tj -61.192 -3.048 Td (21)Tj /C0_0 1 Tf 3.15 0 Td <13B20E55027D152E082C02620CEF0F6503DE082202AE0321>Tj /T1_2 1 Tf 0 Tc 0 Tw 6.3 0 0 10.5 196.7569 212.3016 Tm ( )Tj 0.028 Tc 6.3 0 0 10.5 127.5591 196.3016 Tm (Longyuan Dafeng Wind Power Generation )Tj T* (Co., Ltd.)Tj 22.497 3.048 Td (the PRC)Tj -0.028 Tw 13.975 0 Td (RMB)Tj -3.615 -1.524 Td (520,614,000)Tj 8.923 1.524 Td (100.00%)Tj 0 Tc 0 Tw 10.813 0 Td (\226)Tj 0.028 Tc 2.75 0 Td (Wind power )Tj -0.028 Tw 1.35 -1.524 Td (generation)Tj -61.192 -3.048 Td (22)Tj /C0_0 1 Tf 3.15 0 Td <13B20E550369060D082C02620CEF0F6503DE082202AE0321>Tj /T1_2 1 Tf 0 Tc 0 Tw 6.3 0 0 10.5 196.7569 164.3016 Tm ( )Tj 0.028 Tc 6.3 0 0 10.5 127.5591 148.3016 Tm (Longyuan Shilin Wind Power Generation )Tj 0 Tc 6.3 0 0 10.5 249.0558 148.3016 Tm ( )Tj 0.028 Tc 6.3 0 0 10.5 127.5591 132.3016 Tm (Co., Ltd.)Tj 22.497 3.048 Td (the PRC)Tj -0.028 Tw 13.975 0 Td (RMB)Tj -3.615 -1.524 Td (148,430,000)Tj 8.923 1.524 Td (100.00%)Tj 0 Tc 0 Tw 10.813 0 Td (\226)Tj 0.028 Tc 2.75 0 Td (Wind power )Tj -0.028 Tw 1.35 -1.524 Td (generation)Tj -61.192 -3.048 Td (23)Tj /C0_0 1 Tf 3.15 0 Td <113F06070A370F6513B20E55082C02620CEF0F6503DE082202AE0321>Tj /T1_2 1 Tf 0 Tc 0 Tw 6.3 0 0 10.5 209.7072 116.3016 Tm ( )Tj 0.028 Tc 6.3 0 0 10.5 127.5591 100.3016 Tm (Guangdong Guodian Longyuan Wind Power )Tj T* (Generation Co., Ltd.)Tj 22.497 3.048 Td (the PRC)Tj -0.028 Tw 13.975 0 Td (RMB)Tj -3.615 -1.524 Td (170,493,839)Tj 9.507 1.524 Td (51.00%)Tj 0 Tc 0 Tw 10.229 0 Td (\226)Tj 0.028 Tc 2.75 0 Td (Wind power )Tj -0.028 Tw 1.35 -1.524 Td (generation)Tj /CS1 cs 0.3 1 scn /GS0 gs /T1_1 1 Tf 0 Tw 14 0 0 14 70.8661 670.2632 Tm [(19 )-551.2 (INVESTMENTS IN SUBSIDIARIES \(Continued\))]TJ ET endstreamendobj575 0 obj<>endobj572 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 37.6388 33.8036 Tm (302)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT 0 0 0 1 k /GS1 gs /T1_1 1 Tf 0 Tw 6.3 0 0 10.5 99.2126 583.8096 Tm (Name of the company)Tj 26.997 3.048 Td (Place of )Tj -0.028 Tw 0 -1.524 TD (Incorporation/)Tj T* (establishment)Tj 0 Tw 10.724 4.571 Td (Issued and )Tj -1.11 -1.524 Td (fully paid-up/)Tj -0.028 Tw 1.499 -1.524 Td (registered )Tj 1.75 -1.524 Td (capital)Tj 0 Tw 7.96 4.858 Td (Percentage of )Tj -0.028 Tw 0.598 -1.524 Td (attributable )Tj 0 Tw -0.737 -1.524 Td (equity interest)Tj -0.028 Tw 12.161 -0.287 Td (Principal )Tj T* (activities)Tj ET /CS0 CS 1 SCN 0.5 w /GS0 gs q 1 0 0 1 382.6772 598.7351 cm 0 0 m 79.37 0 l S Q BT /GS1 gs 0 Tc 0 Tw 6.3 0 0 10.5 377.0079 599.8186 Tm ( )Tj 0.028 Tc -0.028 Tw 3.326 -1.525 Td (Direct)Tj 6.365 0 Td (Indirect)Tj ET 1 w /GS0 gs q 1 0 0 1 99.2126 579.4681 cm 0 0 m 19.843 0 l S Q BT /GS1 gs /T1_2 1 Tf 0 Tc 0 Tw 6.3 0 0 10.5 99.2126 580.3016 Tm ( )Tj ET /GS0 gs q 1 0 0 1 119.0551 579.4681 cm 0 0 m 144.567 0 l S Q BT /GS1 gs 6.3 0 0 10.5 119.0551 580.3016 Tm ( )Tj ET /GS0 gs q 1 0 0 1 263.622 579.4681 cm 0 0 m 51.024 0 l S Q BT /GS1 gs 6.3 0 0 10.5 263.622 580.3016 Tm ( )Tj ET /GS0 gs q 1 0 0 1 314.6457 579.4681 cm 0 0 m 62.362 0 l S Q BT /GS1 gs 6.3 0 0 10.5 367.4855 580.3016 Tm ( )Tj ET /GS0 gs q 1 0 0 1 377.0079 579.4681 cm 0 0 m 45.354 0 l S Q BT /GS1 gs 6.3 0 0 10.5 412.8399 580.3016 Tm ( )Tj ET /GS0 gs q 1 0 0 1 422.3622 579.4681 cm 0 0 m 45.354 0 l S Q BT /GS1 gs 6.3 0 0 10.5 458.1942 580.3016 Tm ( )Tj ET /GS0 gs q 1 0 0 1 467.7166 579.4681 cm 0 0 m 56.693 0 l S Q BT /GS1 gs 6.3 0 0 10.5 476.2205 580.3016 Tm ( )Tj -59.843 -3.048 Td (5)Tj /C0_0 1 Tf 0.028 Tc -0.028 Tw 3.15 0 Td <03EA163D13B20E55082C02620CEF0F6503DE082202AE0321>Tj /T1_2 1 Tf 0 Tc 0 Tw 6.3 0 0 10.5 196.7569 548.3016 Tm ( )Tj 0.028 Tc 6.3 0 0 10.5 127.5591 532.3016 Tm (Jiangsu Longyuan Wind Power Generation )Tj T* (Co., Ltd.)Tj 22.497 3.048 Td (the PRC)Tj -0.028 Tw 13.975 0 Td (RMB)Tj -3.615 -1.524 Td (333,320,000)Tj 9.507 1.524 Td (50.00%)Tj 7.199 0 Td (25.00%)Tj 0 Tw 5.78 0 Td (Wind power )Tj -0.028 Tw 1.35 -1.524 Td (generation)Tj 0 Tc 0 Tw -61.192 -3.048 Td (6)Tj /C0_0 1 Tf 0.028 Tc -0.028 Tw 3.15 0 Td <13B20E55033B1190082C02620CEF0F6503DE082202AE0321>Tj /T1_2 1 Tf 0 Tc 0 Tw 6.3 0 0 10.5 196.7569 500.3016 Tm ( )Tj 0.028 Tc 6.3 0 0 10.5 127.5591 484.3016 Tm (Longyuan Pingtan Wind Power Generation )Tj T* (Co., Ltd.)Tj 22.497 3.048 Td (the PRC)Tj -0.028 Tw 13.975 0 Td (RMB)Tj -3.615 -1.524 Td (170,000,000)Tj 9.507 1.524 Td (85.00%)Tj 7.783 0 Td (5.00%)Tj 0 Tw 5.196 0 Td (Wind power )Tj -0.028 Tw 1.35 -1.524 Td (generation)Tj 0 Tc 0 Tw -61.192 -3.048 Td (7)Tj /C0_0 1 Tf 0.028 Tc -0.028 Tw 3.15 0 Td <13B20E55030B08C5027D0319038E035B09900E5503DE082202AE0321>Tj /T1_2 1 Tf 0 Tc 0 Tw 6.3 0 0 10.5 209.7072 452.3016 Tm ( )Tj 0.028 Tc 6.3 0 0 10.5 127.5591 436.3016 Tm (Longyuan Canada Renewables Ltd.)Tj 22.497 1.524 Td (the CAN)Tj -0.028 Tw 14.031 0 Td (CAD)Tj -3.088 -1.524 Td (90,000,101)Tj 0 Tc 0 Tw 11.953 1.524 Td (\226)Tj 0.028 Tc -0.028 Tw 3.585 0 Td (100.00%)Tj 0 Tw 6.363 0 Td (Wind power )Tj -0.028 Tw 1.35 -1.524 Td (generation)Tj 0 Tc 0 Tw -61.192 -1.524 Td (8)Tj /C0_0 1 Tf 0.028 Tc -0.028 Tw 3.15 0 Td <0A370F6508201145082C0F650D9A0CEF03DE082202AE0321>Tj /T1_2 1 Tf 0 Tc 0 Tw 6.3 0 0 10.5 196.7569 420.3016 Tm ( )Tj 0.028 Tc 6.3 0 0 10.5 127.5591 404.3016 Tm (Guodian Chongqing Wind Power Generation )Tj T* (Co., Ltd.)Tj 22.497 3.048 Td (the PRC)Tj -0.028 Tw 13.975 0 Td (RMB)Tj -3.615 -1.524 Td (365,198,000)Tj 9.507 1.524 Td (51.00%)Tj 0 Tc 0 Tw 10.229 0 Td (\226)Tj 0.028 Tc 2.75 0 Td (Wind power )Tj -0.028 Tw 1.35 -1.524 Td (generation)Tj 0 Tc 0 Tw -61.192 -3.048 Td (9)Tj /C0_0 1 Tf 0.028 Tc -0.028 Tw 3.15 0 Td <12CF06CC13B20E55082C02620CEF0F6503DE082202AE0321>Tj /T1_2 1 Tf 0 Tc 0 Tw 6.3 0 0 10.5 196.7569 372.3016 Tm ( )Tj 0.028 Tc 6.3 0 0 10.5 127.5591 356.3016 Tm (Huanan Longyuan Wind Power Generation )Tj T* (Co., Ltd. )Tj 6.3 0 2.8135 10.5 154.1446 340.3016 Tm (\(note \(ii\) \(iii\)\))Tj 6.3 0 0 10.5 269.2914 372.3016 Tm (the PRC)Tj -0.028 Tw 13.975 0 Td (RMB)Tj -3.615 -1.524 Td (414,036,016)Tj 9.507 1.524 Td (15.00%)Tj 7.199 0 Td (25.00%)Tj 0 Tw 5.78 0 Td (Wind power )Tj -0.028 Tw 1.35 -1.524 Td (generation)Tj -61.192 -3.048 Td (10)Tj /C0_0 1 Tf 3.15 0 Td [<13B20E55>502.6 <0080>104.2 <02CB07171F541027>104.2 <0081>502.6 <082C02620CEF0F6503DE08220BAA038202AE0321>]TJ /T1_2 1 Tf 0 Tc 0 Tw 6.3 0 0 10.5 227.9671 324.3016 Tm ( )Tj 0.027 Tc 6.3 0 0 10.5 127.5591 308.3016 Tm [(Longyuan \(Bayannur\) Wind Power Generation)-0.8 ( )]TJ 0.028 Tc T* (Co., Ltd.)Tj 22.497 3.048 Td (the PRC)Tj -0.028 Tw 13.975 0 Td (RMB)Tj -3.615 -1.524 Td (672,550,000)Tj 9.507 1.524 Td (75.00%)Tj 7.199 0 Td (25.00%)Tj 0 Tw 5.78 0 Td (Wind power )Tj -0.028 Tw 1.35 -1.524 Td (generation)Tj -61.192 -3.048 Td (11)Tj /C0_0 1 Tf 3.15 0 Td <13B20E550FB90880082C02620CEF0F6503DE082202AE0321>Tj /T1_2 1 Tf 0 Tc 0 Tw 6.3 0 0 10.5 196.7569 276.3016 Tm ( )Tj 0.028 Tc 6.3 0 0 10.5 127.5591 260.3016 Tm (Longyuan Ningxia Wind Power Generation )Tj T* (Co., Ltd.)Tj 22.497 3.048 Td (the PRC)Tj -0.028 Tw 13.975 0 Td (RMB)Tj -3.615 -1.524 Td (575,530,000)Tj 8.923 1.524 Td (100.00%)Tj 0 Tc 0 Tw 10.813 0 Td (\226)Tj 0.028 Tc 2.75 0 Td (Wind power )Tj -0.028 Tw 1.35 -1.524 Td (generation)Tj -61.192 -3.048 Td (12)Tj /C0_0 1 Tf 3.15 0 Td <13B20E550ABC0607082C02620CEF0F6503DE082202AE0321>Tj /T1_2 1 Tf 0 Tc 0 Tw 6.3 0 0 10.5 196.7569 228.3016 Tm ( )Tj 0.028 Tc 6.3 0 0 10.5 127.5591 212.3016 Tm (Longyuan Qidong Wind Power Generation )Tj T* (Co., Ltd.)Tj 22.497 3.048 Td (the PRC)Tj -0.028 Tw 13.975 0 Td (RMB)Tj -3.615 -1.524 Td (245,760,000)Tj 9.507 1.524 Td (30.00%)Tj 7.199 0 Td (70.00%)Tj 0 Tw 5.78 0 Td (Wind power )Tj -0.028 Tw 1.35 -1.524 Td (generation)Tj -61.192 -3.048 Td (13)Tj /C0_0 1 Tf 3.15 0 Td <0626030F0C160C1913B20E55071404B3082C02620CEF0F6503DE082202AE0321>Tj /T1_2 1 Tf 0 Tc 0 Tw 6.3 0 0 10.5 222.6574 180.3016 Tm ( )Tj 0.028 Tc 6.3 0 0 10.5 127.5591 164.3016 Tm (Hebei Weichang Longyuan Jiantou Wind )Tj T* (Power Generation Co., Ltd.)Tj 6.3 0 2.8135 10.5 208.4428 148.3016 Tm ( \(note \(ii\)\).)Tj 6.3 0 0 10.5 269.2914 180.3016 Tm (the PRC)Tj -0.028 Tw 13.975 0 Td (RMB)Tj -3.615 -1.524 Td (209,300,000)Tj 9.507 1.524 Td (50.00%)Tj 0 Tc 0 Tw 10.229 0 Td (\226)Tj 0.028 Tc 2.75 0 Td (Wind power )Tj -0.028 Tw 1.35 -1.524 Td (generation)Tj /CS1 cs 0.3 1 scn /GS0 gs /T1_1 1 Tf 0 Tw 14 0 0 14 70.8661 670.2632 Tm [(19 )-551.2 (INVESTMENTS IN SUBSIDIARIES \(Continued\))]TJ ET endstreamendobj573 0 obj<>endobj570 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 536.9537 33.8036 Tm (301)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0 Tw 14 0 0 14 70.8661 670.2631 Tm [(18 )-551.2 (GOODWILL \(Continued\))]TJ 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.088 Tw 10.5 0 0 10.5 99.2126 638.2631 Tm (Cash flows beyond the five-year period are expected to maintain constant\, which is )Tj 0.044 Tc 0.078 Tw 0 -1.524 TD [(comparable)13.4 ( with)13.5 ( the)13.4 ( industry)13.5 (.)13.4 ( Management)13.5 ( believes)13.5 ( that)13.5 ( any)13.5 ( reasonably)13.5 ( possible)16.2 ( )]TJ 0.028 Tc 0.039 Tw T* (change in the key assumptions on which the recoverable amount is based w\ould not )Tj 0 Tw T* (cause the carrying amount to exceed its recoverable amount.)Tj 0.066 Tc 0.078 Tw 0 -3.048 TD [(The)13.7 ( key)13.6 ( assumption)13.6 ( used)13.7 ( for)13.6 ( the)13.7 ( value)13.7 ( in)13.6 ( use)13.6 ( calculations)13.6 ( is)13.6 ( the)13.6 ( revenue)13.6 ( from)38.2 ( )]TJ 0.028 Tc 0.089 Tw 0 -1.524 TD (electricity and heat sales. Management determined the revenue from elect\ricity and )Tj 0.05 Tc 0.078 Tw T* [(heat)14.1 ( sales)14.1 ( based)14.1 ( on)14.1 ( its)14.1 ( expectation)14.1 ( of)14.1 ( electricity)14.1 ( and)14.1 ( heat)14 ( volume)14.1 ( and)14.1 ( the)14.1 ( tariffs)22.2 ( )]TJ 0.028 Tc 0 Tw T* (approved by related government authorities.)Tj /CS1 cs 0.3 1 scn /GS0 gs /T1_1 1 Tf 14 0 0 14 70.8661 475.2631 Tm [(19 )-551.2 (INVESTMENTS IN SUBSIDIARIES)]TJ 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.029 Tc 0.091 Tw 10.5 0 0 10.5 99.2126 443.2631 Tm [(The)1.2 ( following)1.1 ( )0.5 (list)1.2 ( )0.5 (contains)1.2 ( only)1.2 ( )0.5 (the)1.2 ( )0.5 (particulars)1.2 ( of)1.2 ( )0.5 (subsidiaries)1.2 ( at)1.2 ( )0.5 (3)1.2 (1)1.2 ( )0.5 (December)1.2 ( )0.5 (2)1.2 (0)1.2 (1)1.2 (8)1.2 ( )]TJ 0.035 Tc 0.085 Tw T* [(which)7.2 ( principally)7.2 ( )0.5 (affected)7.2 ( )0.5 (the)7.1 ( )0.5 (results)7.2 (,)7.2 ( )0.5 (assets)7.2 ( )0.5 (or)7.2 ( )0.5 (liabilities)7.2 ( )0.5 (of)7.3 ( the)7.2 ( )0.5 (Group)7.2 (.)7.2 ( )0.5 (All)7.2 ( )0.5 (of)7.2 ( these)7.2 ( )]TJ 0.028 Tc 0 Tw T* (subsidiaries are limited liability companies.)Tj /T1_1 1 Tf 6.3 0 0 10.5 99.2126 328.2541 Tm (Name of the company)Tj 26.997 3.048 Td (Place of )Tj -0.028 Tw T* (Incorporation/)Tj T* (establishment)Tj 0 Tw 10.724 4.571 Td (Issued and )Tj -1.11 -1.524 Td (fully paid-up/)Tj -0.028 Tw 1.499 -1.524 Td (registered )Tj 1.75 -1.524 Td (capital)Tj 0 Tw 7.96 4.858 Td (Percentage of )Tj -0.028 Tw 0.598 -1.524 Td (attributable )Tj 0 Tw -0.737 -1.524 Td (equity interest)Tj -0.028 Tw 12.161 -0.287 Td (Principal )Tj T* (activities)Tj ET /CS0 CS 1 SCN 0.5 w /GS0 gs q 1 0 0 1 382.6772 343.1706 cm 0 0 m 79.37 0 l S Q BT /GS1 gs 0 Tc 0 Tw 6.3 0 0 10.5 377.0079 344.2541 Tm ( )Tj 0.028 Tc -0.028 Tw 3.326 -1.524 Td (Direct)Tj 6.365 0 Td (Indirect)Tj ET 1 w /GS0 gs q 1 0 0 1 99.2126 323.9126 cm 0 0 m 19.843 0 l S Q BT /GS1 gs /T1_2 1 Tf 0 Tc 0 Tw 6.3 0 0 10.5 99.2126 324.7461 Tm ( )Tj ET /GS0 gs q 1 0 0 1 119.0551 323.9126 cm 0 0 m 144.567 0 l S Q BT /GS1 gs 6.3 0 0 10.5 119.0551 324.7461 Tm ( )Tj ET /GS0 gs q 1 0 0 1 263.622 323.9126 cm 0 0 m 51.024 0 l S Q BT /GS1 gs 6.3 0 0 10.5 263.622 324.7461 Tm ( )Tj ET /GS0 gs q 1 0 0 1 314.6457 323.9126 cm 0 0 m 62.362 0 l S Q BT /GS1 gs 6.3 0 0 10.5 367.4855 324.7461 Tm ( )Tj ET /GS0 gs q 1 0 0 1 377.0079 323.9126 cm 0 0 m 45.354 0 l S Q BT /GS1 gs 6.3 0 0 10.5 412.8399 324.7461 Tm ( )Tj ET /GS0 gs q 1 0 0 1 422.3622 323.9126 cm 0 0 m 45.354 0 l S Q BT /GS1 gs 6.3 0 0 10.5 458.1942 324.7461 Tm ( )Tj ET /GS0 gs q 1 0 0 1 467.7166 323.9126 cm 0 0 m 56.693 0 l S Q BT /GS1 gs 6.3 0 0 10.5 476.2205 324.7461 Tm ( )Tj -59.843 -3.048 Td (1)Tj /C0_0 1 Tf 0.028 Tc -0.028 Tw 3.15 0 Td <14E80DA213B20E55082C02620CEF0F6503DE082202AE0321>Tj /T1_2 1 Tf 0 Tc 0 Tw 6.3 0 0 10.5 196.7569 292.7461 Tm ( )Tj 0.028 Tc 6.3 0 0 10.5 127.5591 276.7461 Tm (Shenyang Longyuan Wind Power )Tj 0 Tc 6.3 0 0 10.5 227.8745 276.7461 Tm ( )Tj 0.028 Tc 6.3 0 0 10.5 127.5591 260.7461 Tm (Generation Co., Ltd.)Tj 22.497 3.048 Td (the PRC)Tj -0.028 Tw 13.975 0 Td (RMB)Tj -3.615 -1.524 Td (432,270,000)Tj 9.507 1.524 Td (73.62%)Tj 7.199 0 Td (25.00%)Tj 0 Tw 5.78 0 Td (Wind power )Tj -0.028 Tw 1.35 -1.524 Td (generation)Tj 0 Tc 0 Tw -61.192 -3.048 Td (2)Tj /C0_0 1 Tf 0.028 Tc -0.028 Tw 3.15 0 Td <035A0D20118E0E55082C0F6503DE08220BAA038202AE0321>Tj /T1_2 1 Tf 0 Tc 0 Tw 6.3 0 0 10.5 196.7569 244.7461 Tm ( )Tj 0.028 Tc 6.3 0 0 10.5 127.5591 228.7461 Tm (Gansu Jieyuan Wind Power )Tj 0 Tc 6.3 0 0 10.5 211.0649 228.7461 Tm ( )Tj 0.028 Tc 6.3 0 0 10.5 127.5591 212.7461 Tm (Generation Co., Ltd.)Tj 22.497 3.048 Td (the PRC)Tj -0.028 Tw 13.975 0 Td (RMB)Tj -3.615 -1.524 Td (505,020,000)Tj 9.507 1.524 Td (77.11%)Tj 0 Tc 0 Tw 10.229 0 Td (\226)Tj 0.028 Tc 2.75 0 Td (Wind power )Tj -0.028 Tw 1.35 -1.524 Td (generation)Tj 0 Tc 0 Tw -61.192 -3.048 Td (3)Tj /C0_0 1 Tf 0.028 Tc -0.028 Tw 3.15 0 Td <0E2D159B02C2082C0CEF0F650670038503DE082202AE0321>Tj /T1_2 1 Tf 0 Tc 0 Tw 6.3 0 0 10.5 196.7569 196.7461 Tm ( )Tj 0.028 Tc 6.3 0 0 10.5 127.5591 180.7461 Tm (Xinjiang Tianfeng Power Generation Joint )Tj T* (Stock Company )Tj 6.3 0 2.8135 10.5 175.4964 164.7461 Tm (\(note \(iii\)\))Tj 6.3 0 0 10.5 269.2914 196.7461 Tm (the PRC)Tj -0.028 Tw 13.975 0 Td (RMB)Tj -3.615 -1.524 Td (511,016,909)Tj 9.507 1.524 Td (59.53%)Tj 0 Tc 0 Tw 10.229 0 Td (\226)Tj 0.028 Tc 2.75 0 Td (Wind power )Tj -0.028 Tw 1.35 -1.524 Td (generation)Tj 0 Tc 0 Tw -61.192 -3.048 Td (4)Tj /C0_0 1 Tf 0.028 Tc -0.028 Tw 3.15 0 Td <039B060D13B20E55082C02620CEF0F6503DE082202AE0321>Tj /T1_2 1 Tf 0 Tc 0 Tw ( )Tj 6.3 0 0 10.5 198.6834 148.7461 Tm ( )Tj 0.028 Tc 6.3 0 0 10.5 127.5591 132.7461 Tm (Jilin Longyuan Wind Power Generation )Tj 0 Tc 6.3 0 0 10.5 244.6787 132.7461 Tm ( )Tj 0.028 Tc 6.3 0 0 10.5 127.5591 116.7461 Tm (Co., Ltd.)Tj 22.497 3.048 Td (the PRC)Tj -0.028 Tw 13.975 0 Td (RMB)Tj -3.615 -1.524 Td (438,200,000)Tj 9.507 1.524 Td (56.58%)Tj 7.783 0 Td (9.65%)Tj 0 Tw 5.196 0 Td (Wind power )Tj -0.028 Tw 1.35 -1.524 Td (generation)Tj ET 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q 1 0 0 1 360 494.6518 cm 0 0 m 73.701 0 l S Q BT /GS1 gs 9.45 0 0 10.5 354.3307 495.7353 Tm ( )Tj ET /GS0 gs q 1 0 0 1 445.0393 494.6518 cm 0 0 m 73.701 0 l S Q BT /GS1 gs 9.45 0 0 10.5 439.3701 495.7353 Tm ( )Tj 0.028 Tc -35.996 -2.571 Td (At 1 January 2018)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 21.143 0 Td (11,910,020)Tj 10.472 0 Td (278,339)Tj 7.525 0 Td (12,188,359)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf -39.14 -1.286 Td (Additions)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 23.2 0 Td (14,112)Tj 8.415 0 Td (228,645)Tj 8.999 0 Td (242,757)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0 Tw -40.614 -1.286 Td (Acquisition of a subsidiary)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 0 Tc 25.841 0 Td (\226)Tj 0.028 Tc -0.028 Tw 8.415 0 Td (86)Tj 8.999 0 Td (86)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0 Tw -43.255 -1.286 Td (Exchange adjustments)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 0 Tc 25.841 0 Td (\226)Tj 0.028 Tc -0.028 Tw 6.553 0 Td (\(8,284\))Tj 8.999 0 Td (\(8,284\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0 Tw -41.393 -1.286 Td (Reclassification between assets)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 22.227 0 Td (\(252,556\))Tj 0 Tc 0 Tw 12.612 0 Td (\226)Tj 0.028 Tc -0.028 Tw 5.385 0 Td (\(252,556\))Tj ET q 1 0 0 1 274.9606 410.6428 cm 0 0 m 73.701 0 l S Q BT 0 Tc 0 Tw 9.45 0 0 10.5 269.2913 411.7263 Tm ( )Tj ET q 1 0 0 1 360 410.6428 cm 0 0 m 73.701 0 l S Q BT 9.45 0 0 10.5 354.3307 411.7263 Tm ( )Tj ET q 1 0 0 1 445.0393 410.6428 cm 0 0 m 73.701 0 l S Q BT 9.45 0 0 10.5 439.3701 411.7263 Tm ( )Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.028 Tc -35.996 -2.571 Td (At 31 December 2018)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 21.143 0 Td (11,671,576)Tj 10.472 0 Td (498,786)Tj 7.525 0 Td (12,170,362)Tj ET q 1 0 0 1 274.9606 380.6337 cm 0 0 m 73.701 0 l S Q BT 0 Tc 0 Tw 9.45 0 0 10.5 269.2913 381.7172 Tm ( )Tj ET q 1 0 0 1 360 380.6337 cm 0 0 m 73.701 0 l S Q BT 9.45 0 0 10.5 354.3307 381.7172 Tm ( )Tj ET q 1 0 0 1 445.0393 380.6337 cm 0 0 m 73.701 0 l S Q BT 9.45 0 0 10.5 439.3701 381.7172 Tm ( )Tj 0 0 0 1 k /GS1 gs 0.028 Tc -35.996 -2.858 Td (Accumulated amortisation:)Tj /T1_2 1 Tf 0 -1.286 TD (At 1 January 2017)Tj -0.028 Tw 21.726 0 Td (3,034,239)Tj 10.472 0 Td (45,562)Tj 7.525 0 Td (3,079,801)Tj 0 Tw -39.724 -1.286 Td (Charge for the year)Tj -0.028 Tw 22.616 0 Td (410,035)Tj 10.166 0 Td (8,622)Tj 7.831 0 Td (418,657)Tj 0 Tw -40.614 -1.286 Td (Exchange adjustments)Tj 0 Tc 25.897 0 Td (\226)Tj 8.999 0 Td (\226)Tj 8.999 0 Td (\226)Tj 0.028 Tc -43.894 -1.286 Td (Effect on disposal of subsidiaries)Tj 0 Tc 25.897 0 Td (\226)Tj 0.028 Tc -0.028 Tw 6.497 0 Td (\(2,269\))Tj 8.999 0 Td (\(2,269\))Tj ET /GS0 gs q 1 0 0 1 274.9606 293.6156 cm 0 0 m 73.701 0 l S Q BT /GS1 gs 0 Tc 0 Tw 9.45 0 0 10.5 269.2913 294.6991 Tm ( )Tj ET /GS0 gs q 1 0 0 1 360 293.6156 cm 0 0 m 73.701 0 l S Q BT /GS1 gs 9.45 0 0 10.5 354.3307 294.6991 Tm ( )Tj ET /GS0 gs q 1 0 0 1 445.0393 293.6156 cm 0 0 m 73.701 0 l S Q BT /GS1 gs 9.45 0 0 10.5 439.3701 294.6991 Tm ( )Tj 0.028 Tc -35.996 -2.571 Td (At 31 December 2017)Tj -0.028 Tw 21.726 0 Td (3,444,274)Tj 10.472 0 Td (51,915)Tj 7.525 0 Td (3,496,189)Tj ET /GS0 gs q 1 0 0 1 274.9606 263.6065 cm 0 0 m 73.701 0 l S Q BT /GS1 gs 0 Tc 0 Tw 9.45 0 0 10.5 269.2913 264.69 Tm ( )Tj ET /GS0 gs q 1 0 0 1 360 263.6065 cm 0 0 m 73.701 0 l S Q BT /GS1 gs 9.45 0 0 10.5 354.3307 264.69 Tm ( )Tj ET /GS0 gs q 1 0 0 1 445.0393 263.6065 cm 0 0 m 73.701 0 l S Q BT /GS1 gs 9.45 0 0 10.5 439.3701 264.69 Tm ( )Tj 0.028 Tc -35.996 -2.571 Td (At 1 January 2018)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 21.726 0 Td (3,444,274)Tj 10.472 0 Td (51,915)Tj 7.525 0 Td (3,496,189)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0 Tw -39.724 -1.286 Td (Charge for the year)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 22.616 0 Td (436,923)Tj 9.583 0 Td (29,938)Tj 8.415 0 Td (466,861)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0 Tw -40.614 -1.619 Td (Provision of impairment losses)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 0 Tc 25.841 0 Td (\226)Tj 0.028 Tc -0.028 Tw 7.831 0 Td (255)Tj 8.999 0 Td (255)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0 Tw -42.671 -1.286 Td (Exchange adjustments)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 0 Tc 25.841 0 Td (\226)Tj 0.028 Tc -0.028 Tw 7.443 0 Td (\(750\))Tj 8.999 0 Td (\(750\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0 Tw -42.282 -1.286 Td (Reclassification between assets)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 23.2 0 Td (98,126)Tj 0 Tc 0 Tw 11.64 0 Td (\226)Tj 0.028 Tc -0.028 Tw 6.358 0 Td (98,126)Tj ET q 1 0 0 1 274.9606 176.0975 cm 0 0 m 73.701 0 l S Q BT 0 Tc 0 Tw 9.45 0 0 10.5 269.2913 177.181 Tm ( )Tj ET q 1 0 0 1 360 176.0975 cm 0 0 m 73.701 0 l S Q BT 9.45 0 0 10.5 354.3307 177.181 Tm ( )Tj ET q 1 0 0 1 445.0393 176.0975 cm 0 0 m 73.701 0 l S Q BT 9.45 0 0 10.5 439.3701 177.181 Tm ( )Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.028 Tc -35.996 -2.571 Td (At 31 December 2018)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 21.726 0 Td (3,979,323)Tj 10.472 0 Td (81,358)Tj 7.525 0 Td (4,060,681)Tj ET q 1 0 0 1 274.9606 146.0885 cm 0 0 m 73.701 0 l S Q BT 0 Tc 0 Tw 9.45 0 0 10.5 269.2913 147.1719 Tm ( )Tj ET q 1 0 0 1 360 146.0885 cm 0 0 m 73.701 0 l S Q BT 9.45 0 0 10.5 354.3307 147.1719 Tm ( )Tj ET q 1 0 0 1 445.0393 146.0885 cm 0 0 m 73.701 0 l S Q BT 9.45 0 0 10.5 439.3701 147.1719 Tm ( )Tj 0 0 0 1 k /GS1 gs 0.028 Tc -35.996 -2.571 Td (Net book value:)Tj /T1_2 1 Tf 0 -1.286 TD (At 31 December 2017)Tj -0.028 Tw 21.726 0 Td (8,465,746)Tj 9.888 0 Td (226,424)Tj 8.109 0 Td (8,692,170)Tj ET 2.5 w /GS0 gs q 1 0 0 1 274.9606 101.4249 cm 0 0 m 73.701 0 l S Q 0.835 w q 1 0 0 1 274.9606 98.0924 cm 0 0 m 73.701 0 l S Q BT /GS1 gs 0 Tc 0 Tw 9.45 0 0 10.5 269.2913 99.0084 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 360 101.4249 cm 0 0 m 73.701 0 l S Q 0.835 w q 1 0 0 1 360 98.0924 cm 0 0 m 73.701 0 l S Q BT /GS1 gs 9.45 0 0 10.5 354.3307 99.0084 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 445.0394 101.4249 cm 0 0 m 73.701 0 l S Q 0.835 w q 1 0 0 1 445.0394 98.0924 cm 0 0 m 73.701 0 l S Q BT /GS1 gs 9.45 0 0 10.5 439.3701 99.0084 Tm ( )Tj 0.028 Tc -35.996 -2.571 Td (At 31 December 2018)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 21.726 0 Td (7,692,253)Tj 9.888 0 Td (417,428)Tj 8.109 0 Td (8,109,681)Tj ET 2.5 w q 1 0 0 1 274.9606 66.7614 cm 0 0 m 73.701 0 l S Q 0.835 w q 1 0 0 1 274.9606 63.4289 cm 0 0 m 73.701 0 l S Q BT 0 Tc 0 Tw 9.45 0 0 10.5 269.2913 64.3448 Tm ( )Tj ET 2.5 w q 1 0 0 1 360 66.7614 cm 0 0 m 73.701 0 l S Q 0.835 w q 1 0 0 1 360 63.4289 cm 0 0 m 73.701 0 l S Q BT 9.45 0 0 10.5 354.3307 64.3448 Tm ( )Tj ET 2.5 w q 1 0 0 1 445.0394 66.7614 cm 0 0 m 73.701 0 l S Q 0.835 w q 1 0 0 1 445.0394 63.4289 cm 0 0 m 73.701 0 l S Q BT 9.45 0 0 10.5 439.3701 64.3448 Tm ( )Tj ET endstreamendobj612 0 obj<>endobj609 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 37.6388 33.8036 Tm (298)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0 Tw 14 0 0 14 70.8661 670.2631 Tm [(16 )-551.2 (LEASE PREPAYMENTS)]TJ ET 0 0 0 0 k 354.331 652.93 85.039 -16 re 354.331 636.93 85.039 -16 re 354.331 620.93 85.039 -4.01 re 354.331 616.92 85.039 -16 re 354.331 600.92 85.039 -16 re 354.331 584.92 85.039 -16 re 354.331 568.92 85.039 -16 re 354.331 552.92 85.039 -16 re 354.331 536.92 85.039 -16 re 354.331 520.92 85.039 -16 re 354.331 504.92 85.039 -3.009 re 354.331 501.911 85.039 -16 re 354.331 485.911 85.039 -16 re 354.331 469.911 85.039 -3.009 re 354.331 466.902 85.039 -16 re 354.331 450.902 85.039 -16 re 354.331 434.902 85.039 -16 re 354.331 418.902 85.039 -16 re 354.331 402.902 85.039 -3.009 re 354.331 399.893 85.039 -16 re 354.331 383.893 85.039 -16 re 354.331 367.893 85.039 -3.009 re 354.331 364.884 85.039 -16 re 354.331 348.884 85.039 -16 re 354.331 332.884 85.039 -7.664 re 354.331 325.22 85.039 -3.009 re f BT /CS0 cs 1 scn -0.028 Tw 10.5 0 0 10.5 409.4731 638.2631 Tm (2018)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (2017)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 10.5 0 2.8135 10.5 386.5307 622.2631 Tm (RMB\222000)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.265 0 Td (RMB\222000)Tj ET /CS0 CS 1 SCN /GS0 gs q 1 0 0 1 99.2126 617.4199 cm 0 0 m 255.118 0 l S Q BT /GS1 gs 0 Tc 0 Tw 10.5 0 0 10.5 99.2126 618.2534 Tm ( )Tj ET /GS0 gs q 1 0 0 1 354.3307 617.4199 cm 0 0 m 85.039 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 10.5 0 2.8135 10.5 354.3307 618.2534 Tm ( )Tj ET q 1 0 0 1 439.3701 617.4199 cm 0 0 m 85.039 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 2.8135 10.5 439.3701 618.2534 Tm ( )Tj /T1_1 1 Tf 0.028 Tc -0.028 Tw 10.5 0 0 10.5 99.2126 586.2534 Tm (Cost:)Tj /T1_2 1 Tf 0 Tw 0 -1.524 TD (At 1 January)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 27.186 0 Td (2,762,899)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (2,648,789)Tj -35.285 -1.524 Td (Additions)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 29.243 0 Td (5,315)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 6.931 0 Td (115,137)Tj 0 Tw -36.174 -1.524 Td (Acquisition of a subsidiary)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 28.659 0 Td (66,047)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0 Tc 0 Tw 10.796 0 Td (\226)Tj 0.028 Tc -0.028 Tw -39.455 -1.524 Td (Disposals)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 0 Tc 0 Tw 31.3 0 Td (\226)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.028 Tc -0.028 Tw 5.653 0 Td (\(1,027\))Tj 0 Tw -36.953 -1.524 Td (Reclassification between assets)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 30.132 0 Td (558)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0 Tc 0 Tw 9.323 0 Td (\226)Tj ET 0.5 w /GS0 gs q 1 0 0 1 359.9999 502.1609 cm 0 0 m 73.701 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 10.5 0 0 10.5 354.3307 503.2444 Tm ( )Tj ET q 1 0 0 1 445.0393 502.1609 cm 0 0 m 73.701 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 0 10.5 439.37 503.2444 Tm ( )Tj 0.028 Tc -32.396 -3.048 Td (At 31 December)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 27.186 0 Td (2,834,819)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (2,762,899)Tj ET /GS0 gs q 1 0 0 1 360 467.1518 cm 0 0 m 73.701 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tc 0 Tw 10.5 0 0 10.5 354.3307 468.2353 Tm ( )Tj ET q 1 0 0 1 445.0393 467.1518 cm 0 0 m 73.701 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 0 10.5 439.3701 468.2353 Tm ( )Tj /T1_1 1 Tf 0.028 Tc -32.396 -3.048 Td (Accumulated amortisation:)Tj /T1_2 1 Tf T* (At 1 January)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 28.075 0 Td (598,286)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (511,991)Tj 0 Tw -36.174 -1.524 Td (Amortisation charge for the year)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 28.659 0 Td (84,104)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (86,295)Tj ET /GS0 gs q 1 0 0 1 360 400.1428 cm 0 0 m 73.701 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tc 0 Tw 10.5 0 0 10.5 354.3307 401.2263 Tm ( )Tj ET q 1 0 0 1 445.0393 400.1428 cm 0 0 m 73.701 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 0 10.5 439.3701 401.2263 Tm ( )Tj 0.028 Tc -32.396 -3.048 Td (At 31 December)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 28.075 0 Td (682,390)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (598,286)Tj ET /GS0 gs q 1 0 0 1 360 365.1337 cm 0 0 m 73.701 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tc 0 Tw 10.5 0 0 10.5 354.3307 366.2172 Tm ( )Tj ET q 1 0 0 1 445.0393 365.1337 cm 0 0 m 73.701 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 0 10.5 439.3701 366.2172 Tm ( )Tj /T1_1 1 Tf 0.028 Tc -32.396 -3.048 Td (Net book value:)Tj /CS0 cs 1 scn /GS0 gs -0.028 Tw 27.186 0 Td (2,152,429)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (2,164,613)Tj ET 2.5 w /GS0 gs q 1 0 0 1 360 328.9702 cm 0 0 m 73.701 0 l S Q 0.835 w q 1 0 0 1 360 325.6377 cm 0 0 m 73.701 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tc 0 Tw 10.5 0 0 10.5 354.3307 326.5536 Tm ( )Tj ET 2.5 w q 1 0 0 1 445.0394 328.9702 cm 0 0 m 73.701 0 l S Q 0.835 w q 1 0 0 1 445.0394 325.6377 cm 0 0 m 73.701 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 0 10.5 439.3701 326.5536 Tm ( )Tj 0.028 Tc -0.028 Tw 9.5 0 2.5455 9.5 98.2376 295.8781 Tm (Note:)Tj 0.052 Tc 0.078 Tw 9.5 0 0 9.5 99.2126 269.8781 Tm [(\()24.2 (i)24.2 (\))24.2 ( )-1604.4 (Lease)13.5 ( prepayments)13.6 ( mainly)13.6 ( represent)13.5 ( prepayments)13.6 ( for)13.6 ( acquiring)13.6 ( rights)13.6 ( to)13.5 ( use)13.5 ( land)13.5 (,)24.2 ( )]TJ 0.028 Tc 0.063 Tw 2.984 -1.368 Td (which is all located in the PRC, for properties with lease periods rangi\ng from 20 to 50 )Tj -0.028 Tw 0 -1.368 TD (years.)Tj ET endstreamendobj610 0 obj<>endobj607 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 536.9537 33.8036 Tm (297)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0 Tw 14 0 0 14 70.8661 670.2631 Tm [(15 )-551.2 (PROPERTY, PLANT AND EQUIPMENT \(Continued\))]TJ 0 0 0 1 k /GS1 gs /T1_2 1 Tf -0.028 Tw 9.5 0 2.5455 9.5 98.2376 641.2631 Tm (Notes:)Tj 0.036 Tc 0.092 Tw 9.5 0 0 9.5 99.2126 615.2631 Tm [(\()8.2 (i)8.2 (\))8.2 ( )-1606.5 (A)-14 (s a)-14 (t 31 D)-14 (e)-14.1 (c)-14 (e)-14.1 (m)-14.1 (b)-14 (e)-14.1 (r 2018, b)-14.1 (o)-14 (r)-14.1 (r)-14 (o)-14.1 (w)-14 (i)-14.1 (n)-14 (g)-14.1 (s a)-14.1 (m)-14 (o)-14.1 (u)-14 (n)-14.1 (t)-14 (e)-14.1 (d t)-14.1 (o R)-14 (M)-14.1 (B1,750,636,000 \(2017:n)-14 (i)-14.1 (l\) a)-14 (r)-14.1 (e)8.2 ( )]TJ 0.028 Tc 0 Tw 2.984 -1.368 Td (secured by equipment with net carrying amount of RMB1,194,790,000 \(2017\:nil\).)Tj 0.037 Tc 0.083 Tw -2.984 -2.737 Td [(\()9.2 (i)9.2 (i)9.2 (\))9.3 ( )-1364.7 (The)9.2 ( Group)9.2 ( )0.5 (leases)9.2 ( )0.5 (machinery)9.2 ( )0.5 (and)9.2 ( )0.5 (equipment)9.2 ( )0.5 (under)9.2 ( )0.5 (finance)9.2 ( )0.5 (leases)9.2 ( )0.5 (expiring)9.2 ( in)9.2 ( 8)9.2 ( )0.5 (to)9.2 ( )0.5 (1)9.1 (0)9.3 ( )]TJ 2.984 -1.368 Td [(y)0.6 (e)0.5 (a)0.6 (r)0.5 (s)9.2 (.)9.2 ( )0.5 (A)0.6 (t)9.2 ( t)0.6 (h)0.5 (e)9.2 ( )0.5 (e)0.6 (n)0.5 (d)9.2 ( )0.5 (o)0.5 (f)9.2 ( )0.5 (t)0.5 (h)0.6 (e)9.2 ( )0.5 (l)0.5 (e)0.6 (a)0.6 (s)0.5 (e)9.2 ( )0.5 (t)0.5 (e)0.6 (r)0.6 (m)9.2 (,)9.2 ( t)0.6 (h)0.5 (e)9.2 ( )0.5 (G)0.6 (r)0.5 (o)0.6 (u)0.5 (p)9.2 ( )0.5 (h)0.6 (a)0.5 (s)9.2 ( )0.5 (t)0.5 (h)0.6 (e)9.2 ( o)0.6 (p)0.6 (t)0.5 (i)0.6 (o)0.5 (n)9.2 ( )0.5 (t)0.6 (o)9.2 ( p)0.6 (u)0.5 (r)0.6 (c)0.6 (h)0.5 (a)0.6 (s)0.5 (e)9.2 ( )0.5 (t)0.5 (h)0.6 (e)9.2 ( )0.5 (l)0.5 (e)0.6 (a)0.6 (s)0.5 (e)0.6 (d)9.2 ( )]TJ 0.028 Tc 0 Tw 0 -1.368 TD (equipment at a fixed price. None of the leases includes contingent renta\ls.)Tj 0.03 Tc 0.09 Tw 0 -2.737 TD [(As)2.2 ( )0.5 (at)2.2 ( )0.5 (3)2.2 (1)2.2 ( December)2.2 ( )0.5 (2)2.2 (0)2.2 (1)2.2 (8)2.2 (,)2.2 ( the)2.1 ( )0.5 (net)2.2 ( book)2.2 ( value)2.2 ( )0.5 (of)2.2 ( )0.5 (machinery)2.2 ( and)2.2 ( equipment)2.2 ( )0.5 (held)2.2 ( under)2.2 ( )]TJ 0.028 Tc 0 Tw 0 -1.368 TD (finance leases of the Group was RMB448,876,000 \(2017: RMB476,531,000\).\)Tj -2.984 -2.737 Td [(\(iii\) )-1206.9 (Provision for impairment losses for the year ended 31 December 2018 comp\rises:)]TJ 0.011 Tw 2.984 -2.737 Td [(\226 )-2139 (For the year ended 31 December 2018, the recoverable amount of certain c\oastal )]TJ 0.061 Tw 2.984 -1.368 Td (collier of the coal power segment was lower than its carrying amount du\e to the )Tj 0.044 Tc 0.078 Tw T* [(decrease)13.9 ( of)13.8 ( freight)13.8 ( charge)13.8 (.)13.8 ( The)13.8 ( Group)13.9 ( assessed)13.8 ( the)13.8 ( recoverable)13.9 ( amount)13.9 ( and)13.8 (,)16.2 ( )]TJ 0.054 Tc 0.077 Tw 0 -1.368 TD [(a)0.5 (s)14.4 ( a)14.4 ( r)0.5 (e)0.5 (s)0.5 (u)0.5 (l)0.6 (t)14.4 (,)14.4 ( t)0.5 (h)0.5 (e)14.4 ( c)0.5 (a)0.5 (r)0.5 (r)0.5 (y)0.5 (i)0.5 (n)0.5 (g)14.4 ( a)0.5 (m)0.5 (o)0.5 (u)0.5 (n)0.5 (t)14.4 ( o)0.5 (f)14.4 ( t)0.6 (h)0.5 (e)14.4 ( c)0.5 (o)0.5 (a)0.5 (s)0.5 (t)0.5 (a)0.5 (l)14.5 ( c)0.5 (o)0.5 (l)0.5 (l)0.6 (i)0.5 (e)0.5 (r)14.4 ( w)0.6 (a)0.5 (s)14.4 ( w)0.6 (r)0.5 (i)0.5 (t)0.5 (t)0.5 (e)0.5 (n)14.4 ( d)0.5 (o)0.5 (w)0.6 (n)14.4 ( t)0.5 (o)14.4 ( i)0.5 (t)0.5 (s)26.2 ( )]TJ 0.048 Tc 0.078 Tw 0 -1.368 TD [(recoverable)14.2 ( amount)14.2 ( of)14.2 ( )0.5 (RMB)14.2 (1)14.2 (2)14.2 (4)14.2 (,)14.2 (8)14.2 (3)14.2 (1)14.2 (,)14.2 (0)14.1 (0)14.2 (0)14.2 (.)14.2 ( )0.5 (An)14.2 ( impairment)14.2 ( )0.5 (loss)14.2 ( of)14.2 ( )0.5 (RMB)14.2 (9)14.2 (,)14.2 (5)14.2 (9)14.2 (6)14.2 (,)14.1 (0)14.2 (0)14.2 (0)20.2 ( )]TJ 0.028 Tc 0.058 Tw T* (was recognised in \223Other operating expenses\224. The estimates of the\ recoverable )Tj 0.039 Tc 0.081 Tw T* [(amount)11.2 ( )0.5 (of)11.2 ( the)11.3 ( coastal)11.3 ( collier)11.2 ( were)11.2 ( based)11.2 ( on)11.2 ( )0.5 (value)11.2 ( )0.5 (in)11.2 ( )0.5 (use)11.2 (.)11.2 ( The)11.2 ( )0.5 (pre)11.2 (-)11.2 (tax)11.2 ( )0.5 (discount)11.2 ( )]TJ 0.028 Tc 0.064 Tw T* (rate is 10.67%. Cash flows beyond the five-year period are expected to m\aintain )Tj 0.032 Tc 0.088 Tw T* [(constant)4.2 (,)4.2 ( which)4.2 ( is)4.2 ( comparable)4.2 ( with)4.2 ( the)4.2 ( )0.5 (industry)4.2 (.)4.2 ( )0.5 (Management)4.2 ( believes)4.2 ( that)4.2 ( any)4.2 ( )]TJ 0.047 Tc 0.078 Tw T* [(reasonably)14.1 ( possible)14.1 ( change)14.1 ( in)14.1 ( the)14.1 ( key)14.1 ( assumptions)14.1 ( on)14.1 ( which)14.1 ( the)14.1 ( recoverable)19.2 ( )]TJ 0.028 Tc 0.064 Tw T* (amount is based would not cause the carrying amount to exceed its recove\rable )Tj 0.07 Tw T* (amount. The key assumptions used for the value-in-use calculations are t\he time )Tj 0 Tw 0 -1.368 TD (charter income and operating costs.)Tj 0.09 Tc 0.078 Tw -2.984 -2.737 Td [(\226)62.2 ( )-2010 (For)14.2 ( )0.6 (the)14.3 ( )0.5 (year)14.2 ( )0.6 (ended)14.3 ( )0.5 (3)14.3 (1)14.2 ( )0.6 (December)14.3 ( )0.5 (2)14.3 (0)14.3 (1)14.2 (8)14.3 (,)14.2 ( )0.6 (certain)14.2 ( )0.5 (construction)14.3 ( )0.5 (in)14.3 ( )0.5 (progress)62.2 ( )]TJ 0.092 Tc 2.984 -1.368 Td [(in)13.8 ( the)13.8 ( wind)13.8 ( power)13.8 ( segment)13.7 ( were)13.8 ( obsolete)13.8 ( due)13.8 ( to)13.8 ( the)13.8 ( long)13.8 (-)13.8 (term)13.8 ( delay)13.8 ( of)64.2 ( )]TJ 0.038 Tc 0.082 Tw 0 -1.368 TD [(construction)10.2 ( progress)10.2 (.)10.2 ( )0.5 (The)10.2 ( )0.5 (Group)10.2 ( )0.5 (fully)10.2 ( impaired)10.3 ( those)10.2 ( )0.5 (construction)10.2 ( )0.5 (in)10.2 ( )0.5 (progress)10.2 ( )]TJ T* [(of)10.2 ( RMB)10.2 (2)10.2 (5)10.2 (1)10.2 (,)10.1 (8)10.2 (1)10.2 (1)10.2 (,)10.2 (0)10.2 (0)10.2 (0)10.2 ( )0.5 (and)10.2 ( recognised)10.2 ( )0.5 (the)10.2 ( amount)10.1 ( )0.5 (in)10.2 ( )0.5 (\223)10.2 (Other)10.2 ( operating)10.2 ( )0.5 (expenses)10.2 (\224)10.2 (.)10.2 ( )]TJ 0.042 Tc 0.078 Tw T* [(Certain)13.7 ( machines)13.6 ( and)13.7 ( fixtures)13.6 ( in)13.7 ( Wind)13.6 ( Power)13.7 ( Segment)13.7 ( were)13.6 ( obsolete)13.7 ( pursuant)14.2 ( )]TJ 0.075 Tc T* [(to)13.7 ( the)13.7 ( plan)13.7 ( of)13.7 ( disposal)13.7 ( in)13.7 ( 2)13.7 (0)13.7 (1)13.7 (8)13.8 (.)13.7 (The)13.8 ( Group)13.7 ( fully)13.8 ( impaired)13.7 ( those)13.7 ( assets)13.8 ( and)47.2 ( )]TJ 0.028 Tc 0 Tw T* (recognised an impairment loss of RMB4,500,000 in \223Other operating exp\enses\224.)Tj ET endstreamendobj608 0 obj<>endobj605 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 37.6388 33.8036 Tm (296)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0 Tw 14 0 0 14 70.8661 670.2631 Tm [(15 )-551.2 (PROPERTY, PLANT AND EQUIPMENT \(Continued\))]TJ ET 0 0 0 0 k 184.252 341.247 56.693 -13.5 re 240.945 341.247 56.693 -13.5 re 297.638 341.247 56.693 -13.5 re 354.331 341.247 56.693 -13.5 re 411.024 341.247 56.693 -13.5 re 467.717 341.247 56.693 -13.5 re 184.252 327.747 56.693 -27 re 240.945 327.747 56.693 -27 re 297.638 327.747 56.693 -27 re 354.331 327.747 56.693 -27 re 411.024 327.747 56.693 -27 re 467.717 327.747 56.693 -27 re 184.252 300.747 56.693 -27 re 240.945 300.747 56.693 -27 re 297.638 300.747 56.693 -27 re 354.331 300.747 56.693 -27 re 411.024 300.747 56.693 -27 re 467.717 300.747 56.693 -27 re 184.252 273.747 56.693 -27 re 240.945 273.747 56.693 -27 re 297.638 273.747 56.693 -27 re 354.331 273.747 56.693 -27 re 411.024 273.747 56.693 -27 re 467.717 273.747 56.693 -27 re 184.252 246.747 56.693 -27 re 240.945 246.747 56.693 -27 re 297.638 246.747 56.693 -27 re 354.331 246.747 56.693 -27 re 411.024 246.747 56.693 -27 re 467.717 246.747 56.693 -27 re 184.252 219.747 56.693 -13.5 re 240.945 219.747 56.693 -13.5 re 297.638 219.747 56.693 -13.5 re 354.331 219.747 56.693 -13.5 re 411.024 219.747 56.693 -13.5 re 467.717 219.747 56.693 -13.5 re 184.252 206.247 56.693 -13.5 re 240.945 206.247 56.693 -13.5 re 297.638 206.247 56.693 -13.5 re 354.331 206.247 56.693 -13.5 re 411.024 206.247 56.693 -13.5 re 467.717 206.247 56.693 -13.5 re 184.252 192.747 56.693 -13.5 re 240.945 192.747 56.693 -13.5 re 297.638 192.747 56.693 -13.5 re 354.331 192.747 56.693 -13.5 re 411.024 192.747 56.693 -13.5 re 467.717 192.747 56.693 -13.5 re 184.252 179.247 56.693 -3.009 re 240.945 179.247 56.693 -3.009 re 297.638 179.247 56.693 -3.009 re 354.331 179.247 56.693 -3.009 re 411.024 179.247 56.693 -3.009 re 467.717 179.247 56.693 -3.009 re 184.252 176.238 56.693 -13.5 re 240.945 176.238 56.693 -13.5 re 297.638 176.238 56.693 -13.5 re 354.331 176.238 56.693 -13.5 re 411.024 176.238 56.693 -13.5 re 467.717 176.238 56.693 -13.5 re 184.252 162.738 56.693 -13.5 re 240.945 162.738 56.693 -13.5 re 297.638 162.738 56.693 -13.5 re 354.331 162.738 56.693 -13.5 re 411.024 162.738 56.693 -13.5 re 467.717 162.738 56.693 -13.5 re 184.252 149.238 56.693 -7.664 re 240.945 149.238 56.693 -7.664 re 297.638 149.238 56.693 -7.664 re 354.331 149.238 56.693 -7.664 re 411.024 149.238 56.693 -7.664 re 467.717 149.238 56.693 -7.664 re 184.252 79.911 56.693 -13.5 re 240.945 79.911 56.693 -13.5 re 297.638 79.911 56.693 -13.5 re 354.331 79.911 56.693 -13.5 re 411.024 79.911 56.693 -13.5 re 467.717 79.911 56.693 -13.5 re 184.252 66.411 56.693 -7.664 re 240.945 66.411 56.693 -7.664 re 297.638 66.411 56.693 -7.664 re 354.331 66.411 56.693 -7.664 re 411.024 66.411 56.693 -7.664 re 467.717 66.411 56.693 -7.664 re 184.252 58.748 56.693 -3.009 re 240.945 58.748 56.693 -3.009 re 297.638 58.748 56.693 -3.009 re 354.331 58.748 56.693 -3.009 re 411.024 58.748 56.693 -3.009 re 467.717 58.748 56.693 -3.009 re f BT 0 0 0 1 k /GS1 gs -0.028 Tw 6.3 0 0 10.5 217.7731 640.7631 Tm (Land,)Tj -1.889 -1.286 Td (buildings)Tj 2.834 -1.286 Td (and)Tj -3.307 -1.286 Td (structures)Tj 8.554 2.571 Td (Generators )Tj 0 Tw -0.028 -1.286 Td (and related )Tj -0.028 Tw 0.335 -1.286 Td (equipment)Tj 11.389 1.286 Td (Motor )Tj -1.253 -1.286 Td (vehicles)Tj 8.223 2.571 Td (Furniture, )Tj 0 Tw -1.057 -1.286 Td (fixtures and )Tj -0.028 Tw 2.779 -1.286 Td (others)Tj 5.666 1.286 Td (Construction )Tj 0 Tw 0.804 -1.286 Td (in progress)Tj -0.028 Tw 12.223 0 Td (Total)Tj /T1_2 1 Tf 6.3 0 2.8135 10.5 207.5883 586.7631 Tm (RMB\222000)Tj 8.999 0 Td (RMB\222000)Tj 8.999 0 Td (RMB\222000)Tj 8.999 0 Td (RMB\222000)Tj 8.999 0 Td (RMB\222000)Tj 8.999 0 Td (RMB\222000)Tj ET /CS0 CS 1 SCN /GS0 gs q 1 0 0 1 99.2126 581.9199 cm 0 0 m 85.039 0 l S Q BT /GS1 gs 0 Tc 0 Tw 6.3 0 0 10.5 99.2126 582.7534 Tm ( )Tj ET /GS0 gs q 1 0 0 1 184.2519 581.9199 cm 0 0 m 56.693 0 l S Q BT /GS1 gs 6.3 0 2.8135 10.5 231.4225 582.7534 Tm ( )Tj ET /GS0 gs q 1 0 0 1 240.9448 581.9199 cm 0 0 m 56.693 0 l S Q BT /GS1 gs 6.3 0 2.8135 10.5 288.1154 582.7534 Tm ( )Tj ET /GS0 gs q 1 0 0 1 297.6378 581.9199 cm 0 0 m 56.693 0 l S Q BT /GS1 gs 6.3 0 2.8135 10.5 344.8083 582.7534 Tm ( )Tj ET /GS0 gs q 1 0 0 1 354.3307 581.9199 cm 0 0 m 56.693 0 l S Q BT /GS1 gs 6.3 0 2.8135 10.5 401.5012 582.7534 Tm ( )Tj ET /GS0 gs q 1 0 0 1 411.0236 581.9199 cm 0 0 m 56.693 0 l S Q BT /GS1 gs 6.3 0 2.8135 10.5 458.1942 582.7534 Tm ( )Tj ET /GS0 gs q 1 0 0 1 467.7165 581.9199 cm 0 0 m 56.693 0 l S Q BT /GS1 gs 6.3 0 2.8135 10.5 514.8871 582.7534 Tm ( )Tj /T1_1 1 Tf 0.028 Tc 6.3 0 0 10.5 99.2126 555.7534 Tm (Accumulated depreciation )Tj 1.35 -1.286 Td (and impairment losses:)Tj /T1_2 1 Tf -1.35 -1.286 Td (At 1 January 2017)Tj -0.028 Tw 16.927 0 Td (2,949,036)Tj 8.415 0 Td (28,274,036)Tj 10.472 0 Td (304,221)Tj 8.999 0 Td (432,639)Tj 8.999 0 Td (103,664)Tj 7.525 0 Td (32,063,596)Tj 0 Tw -61.337 -1.286 Td (Depreciation charge for the )Tj -0.028 Tw 1.35 -1.286 Td (year)Tj 16.467 0 Td (641,968)Tj 8.109 0 Td (5,567,590)Tj 10.472 0 Td (34,897)Tj 8.415 0 Td (202,418)Tj 0 Tc 0 Tw 12.28 0 Td (\226)Tj 0.028 Tc -0.028 Tw 4.828 0 Td (6,446,873)Tj 0 Tw -61.921 -1.286 Td (Provision of impairment )Tj -0.028 Tw 1.35 -1.286 Td (losses)Tj 17.05 0 Td (20,061)Tj 8.999 0 Td (18,350)Tj 8.999 0 Td (19,646)Tj 0 Tc 0 Tw 11.696 0 Td (\226)Tj 0.028 Tc -0.028 Tw 6.302 0 Td (40,761)Tj 8.999 0 Td (98,818)Tj 0 Tw -63.395 -1.286 Td (Transfer to investment )Tj -0.028 Tw 1.35 -1.286 Td (properties)Tj 17.246 0 Td (\(4,095\))Tj 0 Tc 0 Tw 11.501 0 Td (\226)Tj 8.999 0 Td (\226)Tj 8.999 0 Td (\226)Tj 8.999 0 Td (\226)Tj 0.028 Tc -0.028 Tw 6.497 0 Td (\(4,095\))Tj 0 Tw -63.59 -1.286 Td (Written back on disposal)Tj 0 Tc 21.097 0 Td (\226)Tj 0.028 Tc -0.028 Tw 5.913 0 Td (\(20,416\))Tj 8.999 0 Td (\(11,980\))Tj 8.999 0 Td (\(13,235\))Tj 0 Tc 0 Tw 12.084 0 Td (\226)Tj 0.028 Tc -0.028 Tw 5.913 0 Td (\(45,631\))Tj 0 Tw -63.006 -1.286 Td (Effect on disposal of )Tj -0.028 Tw 1.35 -1.286 Td (subsidiaries)Tj 0 Tc 0 Tw 19.747 0 Td (\226)Tj 8.999 0 Td (\226)Tj 8.999 0 Td (\226)Tj 0.028 Tc -0.028 Tw 7.97 0 Td (\(17\))Tj 0 Tc 0 Tw 10.027 0 Td (\226)Tj 0.028 Tc -0.028 Tw 7.97 0 Td (\(17\))Tj 0 Tw -65.063 -1.286 Td (Exchange adjustments)Tj -0.028 Tw 19.485 0 Td (\(283\))Tj 8.999 0 Td (\(229\))Tj 0 Tc 0 Tw 10.611 0 Td (\226)Tj 0.028 Tc -0.028 Tw 7.97 0 Td (\(29\))Tj 0 Tc 0 Tw 10.027 0 Td (\226)Tj 0.028 Tc -0.028 Tw 7.387 0 Td (\(541\))Tj ET 0.5 w /GS0 gs q 1 0 0 1 189.9212 389.6609 cm 0 0 m 45.354 0 l S Q BT /GS1 gs 0 Tc 0 Tw 6.3 0 0 10.5 184.2519 390.7444 Tm ( )Tj ET /GS0 gs q 1 0 0 1 246.6141 389.6609 cm 0 0 m 45.354 0 l S Q BT /GS1 gs 6.3 0 0 10.5 240.9448 390.7444 Tm ( )Tj ET /GS0 gs q 1 0 0 1 303.307 389.6609 cm 0 0 m 45.354 0 l S Q BT /GS1 gs 6.3 0 0 10.5 297.6378 390.7444 Tm ( )Tj ET /GS0 gs q 1 0 0 1 359.9999 389.6609 cm 0 0 m 45.354 0 l S Q BT /GS1 gs 6.3 0 0 10.5 354.3307 390.7444 Tm ( )Tj ET /GS0 gs q 1 0 0 1 416.6929 389.6609 cm 0 0 m 45.354 0 l S Q BT /GS1 gs 6.3 0 0 10.5 411.0236 390.7444 Tm ( )Tj ET /GS0 gs q 1 0 0 1 473.3858 389.6609 cm 0 0 m 45.354 0 l S Q BT /GS1 gs 6.3 0 0 10.5 467.7165 390.7444 Tm ( )Tj 0.028 Tc -58.493 -2.571 Td (At 31 December 2017)Tj -0.028 Tw 16.927 0 Td (3,606,687)Tj 8.415 0 Td (33,839,331)Tj 10.472 0 Td (346,784)Tj 8.999 0 Td (621,776)Tj 8.999 0 Td (144,425)Tj 7.525 0 Td (38,559,003)Tj ET 2.5 w /GS0 gs q 1 0 0 1 189.9212 358.4973 cm 0 0 m 45.354 0 l S Q 0.835 w q 1 0 0 1 189.9212 355.1649 cm 0 0 m 45.354 0 l S Q BT /GS1 gs 0 Tc 0 Tw 6.3 0 0 10.5 184.2519 356.0808 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 246.6141 358.4973 cm 0 0 m 45.354 0 l S Q 0.835 w q 1 0 0 1 246.6141 355.1649 cm 0 0 m 45.354 0 l S Q BT /GS1 gs 6.3 0 0 10.5 240.9448 356.0808 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 303.307 358.4973 cm 0 0 m 45.354 0 l S Q 0.835 w q 1 0 0 1 303.307 355.1649 cm 0 0 m 45.354 0 l S Q BT /GS1 gs 6.3 0 0 10.5 297.6378 356.0808 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 359.9999 358.4973 cm 0 0 m 45.354 0 l S Q 0.835 w q 1 0 0 1 359.9999 355.1649 cm 0 0 m 45.354 0 l S Q BT /GS1 gs 6.3 0 0 10.5 354.3307 356.0808 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 416.6929 358.4973 cm 0 0 m 45.354 0 l S Q 0.835 w q 1 0 0 1 416.6929 355.1649 cm 0 0 m 45.354 0 l S Q BT /GS1 gs 6.3 0 0 10.5 411.0236 356.0808 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 473.3858 358.4973 cm 0 0 m 45.354 0 l S Q 0.835 w q 1 0 0 1 473.3858 355.1649 cm 0 0 m 45.354 0 l S Q BT /GS1 gs 6.3 0 0 10.5 467.7165 356.0808 Tm ( )Tj 0.028 Tc -58.493 -2.571 Td (At 1 January 2018)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 16.927 0 Td (3,606,687)Tj 8.415 0 Td (33,839,331)Tj 10.472 0 Td (346,784)Tj 8.999 0 Td (621,776)Tj 8.999 0 Td (144,425)Tj 7.525 0 Td (38,559,003)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0 Tw -61.337 -1.286 Td (Depreciation charge for the )Tj -0.028 Tw 1.35 -1.286 Td (year)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 16.467 0 Td (532,693)Tj 8.109 0 Td (6,111,749)Tj 10.472 0 Td (22,016)Tj 8.999 0 Td (83,831)Tj 0 Tc 0 Tw 11.64 0 Td (\226)Tj 0.028 Tc -0.028 Tw 4.884 0 Td (6,750,289)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0 Tw -61.921 -1.286 Td (Provision of impairment )Tj -0.028 Tw 1.35 -1.286 Td (losses)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 0 Tc 0 Tw 19.691 0 Td (6)Tj 0.028 Tc -0.028 Tw 6.942 0 Td (4,461)Tj 8.999 0 Td (9,590)Tj 10.472 0 Td (39)Tj 6.358 0 Td (251,811)Tj 8.999 0 Td (265,907)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0 Tw -62.811 -1.286 Td (Transfer to construction in )Tj -0.028 Tw 1.35 -1.286 Td (progress)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 0 Tc 0 Tw 19.691 0 Td (\226)Tj 0.028 Tc -0.028 Tw 6.553 0 Td (\(7,875\))Tj 0 Tc 0 Tw 11.445 0 Td (\226)Tj 8.999 0 Td (\226)Tj 8.999 0 Td (\226)Tj 0.028 Tc -0.028 Tw 6.553 0 Td (\(7,875\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0 Tw -63.59 -1.286 Td (Reclassification between )Tj -0.028 Tw 1.35 -1.286 Td (assets)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 17.634 0 Td (5,888)Tj 7.443 0 Td (\(104,014\))Tj 0 Tc 0 Tw 12.612 0 Td (\226)Tj 8.999 0 Td (\226)Tj 8.999 0 Td (\226)Tj 0.028 Tc -0.028 Tw 5.969 0 Td (\(98,126\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0 Tw -63.006 -1.286 Td (Written back on disposal)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 18.596 0 Td (\(4,522\))Tj 7.831 0 Td (\(169,661\))Tj 9.583 0 Td (\(12,050\))Tj 8.999 0 Td (\(20,747\))Tj 8.999 0 Td (\(46,296\))Tj 8.415 0 Td (\(253,276\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf -62.422 -1.286 Td (Reclassification)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 18.596 0 Td (\(2,249\))Tj 9.387 0 Td (4,717)Tj 0 Tc 0 Tw 11.056 0 Td (\226)Tj 0.028 Tc -0.028 Tw 6.553 0 Td (\(2,468\))Tj 0 Tc 0 Tw 11.445 0 Td (\226)Tj 8.999 0 Td (\226)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.028 Tc -66.036 -1.286 Td (Exchange adjustments)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 19.485 0 Td (\(451\))Tj 8.109 0 Td (\(6,494\))Tj 11.056 0 Td (\(2\))Tj 8.415 0 Td (\(92\))Tj 0 Tc 0 Tw 9.971 0 Td (\226)Tj 0.028 Tc -0.028 Tw 6.553 0 Td (\(7,039\))Tj ET 0.5 w q 1 0 0 1 189.9213 176.4883 cm 0 0 m 45.354 0 l S Q BT 0 Tc 0 Tw 6.3 0 0 10.5 184.252 177.5718 Tm ( )Tj ET q 1 0 0 1 246.6142 176.4883 cm 0 0 m 45.354 0 l S Q BT 6.3 0 0 10.5 240.9449 177.5718 Tm ( )Tj ET q 1 0 0 1 303.3071 176.4883 cm 0 0 m 45.354 0 l S Q BT 6.3 0 0 10.5 297.6378 177.5718 Tm ( )Tj ET q 1 0 0 1 360 176.4883 cm 0 0 m 45.354 0 l S Q BT 6.3 0 0 10.5 354.3307 177.5718 Tm ( )Tj ET q 1 0 0 1 416.693 176.4883 cm 0 0 m 45.354 0 l S Q BT 6.3 0 0 10.5 411.0237 177.5718 Tm ( )Tj ET q 1 0 0 1 473.3859 176.4883 cm 0 0 m 45.354 0 l S Q BT 6.3 0 0 10.5 467.7166 177.5718 Tm ( )Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.028 Tc -58.493 -2.571 Td (At 31 December 2018)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 16.927 0 Td (4,138,052)Tj 8.415 0 Td (39,672,214)Tj 10.472 0 Td (366,338)Tj 8.999 0 Td (682,339)Tj 8.999 0 Td (349,940)Tj 7.525 0 Td (45,208,883)Tj ET 2.5 w q 1 0 0 1 189.9213 145.3248 cm 0 0 m 45.354 0 l S Q 0.835 w q 1 0 0 1 189.9213 141.9922 cm 0 0 m 45.354 0 l S Q BT 0 Tc 0 Tw 6.3 0 0 10.5 184.252 142.9082 Tm ( )Tj ET 2.5 w q 1 0 0 1 246.6142 145.3248 cm 0 0 m 45.354 0 l S Q 0.835 w q 1 0 0 1 246.6142 141.9922 cm 0 0 m 45.354 0 l S Q BT 6.3 0 0 10.5 240.9449 142.9082 Tm ( )Tj ET 2.5 w q 1 0 0 1 303.3071 145.3248 cm 0 0 m 45.354 0 l S Q 0.835 w q 1 0 0 1 303.3071 141.9922 cm 0 0 m 45.354 0 l S Q BT 6.3 0 0 10.5 297.6378 142.9082 Tm ( )Tj ET 2.5 w q 1 0 0 1 360 145.3248 cm 0 0 m 45.354 0 l S Q 0.835 w q 1 0 0 1 360 141.9922 cm 0 0 m 45.354 0 l S Q BT 6.3 0 0 10.5 354.3307 142.9082 Tm ( )Tj ET 2.5 w q 1 0 0 1 416.6929 145.3248 cm 0 0 m 45.354 0 l S Q 0.835 w q 1 0 0 1 416.6929 141.9922 cm 0 0 m 45.354 0 l S Q BT 6.3 0 0 10.5 411.0237 142.9082 Tm ( )Tj ET 2.5 w q 1 0 0 1 473.3858 145.3248 cm 0 0 m 45.354 0 l S Q 0.835 w q 1 0 0 1 473.3858 141.9922 cm 0 0 m 45.354 0 l S Q BT 6.3 0 0 10.5 467.7166 142.9082 Tm ( )Tj 0 0 0 1 k /GS1 gs 0.028 Tc -58.493 -2.571 Td (Net book value:)Tj /T1_2 1 Tf 0 -1.286 TD (At 31 December 2017)Tj -0.028 Tw 16.927 0 Td (7,666,481)Tj 8.415 0 Td (87,996,497)Tj 10.472 0 Td (157,584)Tj 8.999 0 Td (216,170)Tj 7.525 0 Td (13,436,674)Tj 8.415 0 Td (109,473,406)Tj ET 2.5 w /GS0 gs q 1 0 0 1 189.9213 97.1612 cm 0 0 m 45.354 0 l S Q 0.835 w q 1 0 0 1 189.9213 93.8287 cm 0 0 m 45.354 0 l S Q BT /GS1 gs 0 Tc 0 Tw 6.3 0 0 10.5 184.252 94.7447 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 246.6142 97.1612 cm 0 0 m 45.354 0 l S Q 0.835 w q 1 0 0 1 246.6142 93.8287 cm 0 0 m 45.354 0 l S Q BT /GS1 gs 6.3 0 0 10.5 240.9449 94.7447 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 303.3071 97.1612 cm 0 0 m 45.354 0 l S Q 0.835 w q 1 0 0 1 303.3071 93.8287 cm 0 0 m 45.354 0 l S Q BT /GS1 gs 6.3 0 0 10.5 297.6378 94.7447 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 360 97.1612 cm 0 0 m 45.354 0 l S Q 0.835 w q 1 0 0 1 360 93.8287 cm 0 0 m 45.354 0 l S Q BT /GS1 gs 6.3 0 0 10.5 354.3307 94.7447 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 416.693 97.1612 cm 0 0 m 45.354 0 l S Q 0.835 w q 1 0 0 1 416.693 93.8287 cm 0 0 m 45.354 0 l S Q BT /GS1 gs 6.3 0 0 10.5 411.0237 94.7447 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 473.3859 97.1612 cm 0 0 m 45.354 0 l S Q 0.835 w q 1 0 0 1 473.3859 93.8287 cm 0 0 m 45.354 0 l S Q BT /GS1 gs 6.3 0 0 10.5 467.7166 94.7447 Tm ( )Tj 0.028 Tc -58.493 -2.571 Td (At 31 December 2018)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 16.927 0 Td (7,721,665)Tj 8.415 0 Td (91,174,888)Tj 10.472 0 Td (137,375)Tj 8.999 0 Td (198,697)Tj 7.525 0 Td (10,767,885)Tj 8.415 0 Td (110,000,510)Tj ET 2.5 w q 1 0 0 1 189.9213 62.4976 cm 0 0 m 45.354 0 l S Q 0.835 w q 1 0 0 1 189.9213 59.1651 cm 0 0 m 45.354 0 l S Q BT 0 Tc 0 Tw 6.3 0 0 10.5 184.252 60.0811 Tm ( )Tj ET 2.5 w q 1 0 0 1 246.6142 62.4976 cm 0 0 m 45.354 0 l S Q 0.835 w q 1 0 0 1 246.6142 59.1651 cm 0 0 m 45.354 0 l S Q BT 6.3 0 0 10.5 240.9449 60.0811 Tm ( )Tj ET 2.5 w q 1 0 0 1 303.3071 62.4976 cm 0 0 m 45.354 0 l S Q 0.835 w q 1 0 0 1 303.3071 59.1651 cm 0 0 m 45.354 0 l S Q BT 6.3 0 0 10.5 297.6378 60.0811 Tm ( )Tj ET 2.5 w q 1 0 0 1 360 62.4976 cm 0 0 m 45.354 0 l S Q 0.835 w q 1 0 0 1 360 59.1651 cm 0 0 m 45.354 0 l S Q BT 6.3 0 0 10.5 354.3307 60.0811 Tm ( )Tj ET 2.5 w q 1 0 0 1 416.693 62.4976 cm 0 0 m 45.354 0 l S Q 0.835 w q 1 0 0 1 416.693 59.1651 cm 0 0 m 45.354 0 l S Q BT 6.3 0 0 10.5 411.0237 60.0811 Tm ( )Tj ET 2.5 w q 1 0 0 1 473.3859 62.4976 cm 0 0 m 45.354 0 l S Q 0.835 w q 1 0 0 1 473.3859 59.1651 cm 0 0 m 45.354 0 l S Q BT 6.3 0 0 10.5 467.7166 60.0811 Tm ( )Tj ET endstreamendobj606 0 obj<>endobj603 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 536.9537 33.8036 Tm (295)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0 Tw 14 0 0 14 70.8661 670.2631 Tm [(15 )-551.2 (PROPERTY, PLANT AND EQUIPMENT)]TJ ET 0 0 0 0 k 184.252 302.247 56.693 -16 re 240.945 302.247 56.693 -16 re 297.638 302.247 56.693 -16 re 354.331 302.247 56.693 -16 re 411.024 302.247 56.693 -16 re 467.717 302.247 56.693 -16 re 184.252 286.247 56.693 -16 re 240.945 286.247 56.693 -16 re 297.638 286.247 56.693 -16 re 354.331 286.247 56.693 -16 re 411.024 286.247 56.693 -16 re 467.717 286.247 56.693 -16 re 184.252 270.247 56.693 -16 re 240.945 270.247 56.693 -16 re 297.638 270.247 56.693 -16 re 354.331 270.247 56.693 -16 re 411.024 270.247 56.693 -16 re 467.717 270.247 56.693 -16 re 184.252 254.247 56.693 -32 re 240.945 254.247 56.693 -32 re 297.638 254.247 56.693 -32 re 354.331 254.247 56.693 -32 re 411.024 254.247 56.693 -32 re 467.717 254.247 56.693 -32 re 184.252 222.247 56.693 -32 re 240.945 222.247 56.693 -32 re 297.638 222.247 56.693 -32 re 354.331 222.247 56.693 -32 re 411.024 222.247 56.693 -32 re 467.717 222.247 56.693 -32 re 184.252 190.247 56.693 -32 re 240.945 190.247 56.693 -32 re 297.638 190.247 56.693 -32 re 354.331 190.247 56.693 -32 re 411.024 190.247 56.693 -32 re 467.717 190.247 56.693 -32 re 184.252 158.247 56.693 -16 re 240.945 158.247 56.693 -16 re 297.638 158.247 56.693 -16 re 354.331 158.247 56.693 -16 re 411.024 158.247 56.693 -16 re 467.717 158.247 56.693 -16 re 184.252 142.247 56.693 -16 re 240.945 142.247 56.693 -16 re 297.638 142.247 56.693 -16 re 354.331 142.247 56.693 -16 re 411.024 142.247 56.693 -16 re 467.717 142.247 56.693 -16 re 184.252 126.247 56.693 -16 re 240.945 126.247 56.693 -16 re 297.638 126.247 56.693 -16 re 354.331 126.247 56.693 -16 re 411.024 126.247 56.693 -16 re 467.717 126.247 56.693 -16 re 184.252 110.247 56.693 -3.009 re 240.945 110.247 56.693 -3.009 re 297.638 110.247 56.693 -3.009 re 354.331 110.247 56.693 -3.009 re 411.024 110.247 56.693 -3.009 re 467.717 110.247 56.693 -3.009 re 184.252 107.238 56.693 -16 re 240.945 107.238 56.693 -16 re 297.638 107.238 56.693 -16 re 354.331 107.238 56.693 -16 re 411.024 107.238 56.693 -16 re 467.717 107.238 56.693 -16 re 184.252 91.238 56.693 -16 re 240.945 91.238 56.693 -16 re 297.638 91.238 56.693 -16 re 354.331 91.238 56.693 -16 re 411.024 91.238 56.693 -16 re 467.717 91.238 56.693 -16 re 184.252 75.238 56.693 -7.664 re 240.945 75.238 56.693 -7.664 re 297.638 75.238 56.693 -7.664 re 354.331 75.238 56.693 -7.664 re 411.024 75.238 56.693 -7.664 re 467.717 75.238 56.693 -7.664 re 184.252 67.575 56.693 -3.009 re 240.945 67.575 56.693 -3.009 re 297.638 67.575 56.693 -3.009 re 354.331 67.575 56.693 -3.009 re 411.024 67.575 56.693 -3.009 re 467.717 67.575 56.693 -3.009 re f BT 0 0 0 1 k /GS1 gs -0.028 Tw 6.3 0 0 10.5 217.7731 638.2631 Tm (Land,)Tj -1.889 -1.524 Td (buildings)Tj 2.834 -1.524 Td (and)Tj -3.307 -1.524 Td (structures)Tj 8.554 3.048 Td (Generators )Tj 0 Tw -0.028 -1.524 Td (and related )Tj -0.028 Tw 0.335 -1.524 Td (equipment)Tj 11.389 1.524 Td (Motor )Tj -1.253 -1.524 Td (vehicles)Tj 8.223 3.048 Td (Furniture, )Tj 0 Tw -1.057 -1.524 Td (fixtures and )Tj -0.028 Tw 2.779 -1.524 Td (others)Tj 5.666 1.524 Td (Construction )Tj 0 Tw 0.804 -1.524 Td (in progress)Tj -0.028 Tw 12.223 0 Td (Total)Tj /T1_2 1 Tf 6.3 0 2.8135 10.5 207.5883 574.2631 Tm (RMB\222000)Tj 8.999 0 Td (RMB\222000)Tj 8.999 0 Td (RMB\222000)Tj 8.999 0 Td (RMB\222000)Tj 8.999 0 Td (RMB\222000)Tj 8.999 0 Td (RMB\222000)Tj ET /CS0 CS 1 SCN /GS0 gs q 1 0 0 1 99.2126 569.4199 cm 0 0 m 85.039 0 l S Q BT /GS1 gs 0 Tc 0 Tw 6.3 0 0 10.5 99.2126 570.2534 Tm ( )Tj ET /GS0 gs q 1 0 0 1 184.2519 569.4199 cm 0 0 m 56.693 0 l S Q BT /GS1 gs 6.3 0 2.8135 10.5 231.4225 570.2534 Tm ( )Tj ET /GS0 gs q 1 0 0 1 240.9448 569.4199 cm 0 0 m 56.693 0 l S Q BT /GS1 gs 6.3 0 2.8135 10.5 288.1154 570.2534 Tm ( )Tj ET /GS0 gs q 1 0 0 1 297.6378 569.4199 cm 0 0 m 56.693 0 l S Q BT /GS1 gs 6.3 0 2.8135 10.5 344.8083 570.2534 Tm ( )Tj ET /GS0 gs q 1 0 0 1 354.3307 569.4199 cm 0 0 m 56.693 0 l S Q BT /GS1 gs 6.3 0 2.8135 10.5 401.5012 570.2534 Tm ( )Tj ET /GS0 gs q 1 0 0 1 411.0236 569.4199 cm 0 0 m 56.693 0 l S Q BT /GS1 gs 6.3 0 2.8135 10.5 458.1942 570.2534 Tm ( )Tj ET /GS0 gs q 1 0 0 1 467.7165 569.4199 cm 0 0 m 56.693 0 l S Q BT /GS1 gs 6.3 0 2.8135 10.5 514.8871 570.2534 Tm ( )Tj /T1_1 1 Tf 0.028 Tc -0.028 Tw 6.3 0 0 10.5 99.2126 538.2534 Tm (Cost:)Tj /T1_2 1 Tf 0 Tw 0 -1.524 TD (At 1 January 2017)Tj -0.028 Tw 16.343 0 Td (10,273,664)Tj 8.415 0 Td (115,889,818)Tj 11.056 0 Td (512,581)Tj 8.999 0 Td (695,486)Tj 7.525 0 Td (10,290,308)Tj 8.415 0 Td (137,661,857)Tj -60.754 -1.524 Td (Additions)Tj 18.4 0 Td (80,876)Tj 8.415 0 Td (127,050)Tj 10.166 0 Td (6,840)Tj 8.415 0 Td (49,410)Tj 6.942 0 Td (10,195,492)Tj 8.999 0 Td (10,459,668)Tj 0 Tw -61.337 -1.524 Td (Transfer from construction )Tj 1.35 -1.524 Td (in progress)Tj -0.028 Tw 16.467 0 Td (949,667)Tj 8.109 0 Td (5,885,041)Tj 0 Tc 0 Tw 13.169 0 Td (\226)Tj 0.028 Tc -0.028 Tw 6.302 0 Td (67,000)Tj 7.137 0 Td (\(6,901,708\))Tj 0 Tc 0 Tw 13.558 0 Td (\226)Tj 0.028 Tc -66.092 -1.524 Td (Transfer to investment )Tj -0.028 Tw 1.35 -1.524 Td (properties)Tj 16.662 0 Td (\(10,900\))Tj 0 Tc 0 Tw 12.084 0 Td (\226)Tj 8.999 0 Td (\226)Tj 8.999 0 Td (\226)Tj 8.999 0 Td (\226)Tj 0.028 Tc -0.028 Tw 5.913 0 Td (\(10,900\))Tj 0 Tw -63.006 -1.524 Td (Effect on disposal of )Tj -0.028 Tw 1.35 -1.524 Td (subsidiaries)Tj 0 Tc 0 Tw 19.747 0 Td (\226)Tj 8.999 0 Td (\226)Tj 8.999 0 Td (\226)Tj 0.028 Tc -0.028 Tw 7.387 0 Td (\(159\))Tj 8.109 0 Td (\(2,378\))Tj 8.999 0 Td (\(2,537\))Tj -63.59 -1.524 Td (Disposals)Tj 0 Tc 0 Tw 21.097 0 Td (\226)Tj 0.028 Tc -0.028 Tw 5.913 0 Td (\(40,938\))Tj 8.999 0 Td (\(15,053\))Tj 8.999 0 Td (\(13,720\))Tj 10.472 0 Td (\(615\))Tj 7.525 0 Td (\(70,326\))Tj -63.006 -1.524 Td (Reclassification)Tj 18.012 0 Td (\(20,139\))Tj 8.999 0 Td (\(19,795\))Tj 0 Tc 0 Tw 12.084 0 Td (\226)Tj 0.028 Tc -0.028 Tw 6.302 0 Td (39,934)Tj 0 Tc 0 Tw 11.696 0 Td (\226)Tj 8.999 0 Td (\226)Tj 0.028 Tc -66.092 -1.524 Td (Exchange adjustments)Tj 0 Tc 21.097 0 Td (\226)Tj 0.028 Tc -0.028 Tw 6.497 0 Td (\(5,348\))Tj 0 Tc 0 Tw 11.501 0 Td (\226)Tj 0.028 Tc -0.028 Tw 8.554 0 Td (\(5\))Tj 0 Tc 0 Tw 9.443 0 Td (\226)Tj 0.028 Tc -0.028 Tw 6.497 0 Td (\(5,353\))Tj ET 0.5 w /GS0 gs q 1 0 0 1 189.9213 358.1609 cm 0 0 m 45.354 0 l S Q BT /GS1 gs 0 Tc 0 Tw 6.3 0 0 10.5 184.252 359.2444 Tm ( )Tj ET /GS0 gs q 1 0 0 1 246.6142 358.1609 cm 0 0 m 45.354 0 l S Q BT /GS1 gs 6.3 0 0 10.5 240.9449 359.2444 Tm ( )Tj ET /GS0 gs q 1 0 0 1 303.3071 358.1609 cm 0 0 m 45.354 0 l S Q BT /GS1 gs 6.3 0 0 10.5 297.6378 359.2444 Tm ( )Tj ET /GS0 gs q 1 0 0 1 360 358.1609 cm 0 0 m 45.354 0 l S Q BT /GS1 gs 6.3 0 0 10.5 354.3307 359.2444 Tm ( )Tj ET /GS0 gs q 1 0 0 1 416.6929 358.1609 cm 0 0 m 45.354 0 l S Q BT /GS1 gs 6.3 0 0 10.5 411.0237 359.2444 Tm ( )Tj ET /GS0 gs q 1 0 0 1 473.3858 358.1609 cm 0 0 m 45.354 0 l S Q BT /GS1 gs 6.3 0 0 10.5 467.7166 359.2444 Tm ( )Tj 0.028 Tc -58.493 -3.048 Td (At 31 December 2017)Tj -0.028 Tw 16.343 0 Td (11,273,168)Tj 8.415 0 Td (121,835,828)Tj 11.056 0 Td (504,368)Tj 8.999 0 Td (837,946)Tj 7.525 0 Td (13,581,099)Tj 8.415 0 Td (148,032,409)Tj ET 2.5 w /GS0 gs q 1 0 0 1 189.9213 321.9973 cm 0 0 m 45.354 0 l S Q 0.835 w q 1 0 0 1 189.9213 318.6649 cm 0 0 m 45.354 0 l S Q BT /GS1 gs 0 Tc 0 Tw 6.3 0 0 10.5 184.252 319.5808 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 246.6142 321.9973 cm 0 0 m 45.354 0 l S Q 0.835 w q 1 0 0 1 246.6142 318.6649 cm 0 0 m 45.354 0 l S Q BT /GS1 gs 6.3 0 0 10.5 240.9449 319.5808 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 303.3071 321.9973 cm 0 0 m 45.354 0 l S Q 0.835 w q 1 0 0 1 303.3071 318.6649 cm 0 0 m 45.354 0 l S Q BT /GS1 gs 6.3 0 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ET /CS0 CS 1 SCN /GS0 gs q 1 0 0 1 127.5591 565.4199 cm 0 0 m 232.441 0 l S Q BT /GS1 gs 0 Tc 0 Tw 10.5 0 0 10.5 127.5591 566.2534 Tm ( )Tj ET /GS0 gs q 1 0 0 1 360 565.4199 cm 0 0 m 82.205 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 10.5 0 2.8135 10.5 360 566.2534 Tm ( )Tj ET q 1 0 0 1 442.2047 565.4199 cm 0 0 m 82.205 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 2.8135 10.5 442.2047 566.2534 Tm ( )Tj /T1_1 1 Tf 0.028 Tc -0.028 Tw 10.5 0 0 10.5 127.5591 534.2534 Tm (Assets)Tj /T1_2 1 Tf 0 Tw 0 -1.524 TD (Reportable segment assets)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 23.588 0 Td (152,678,412)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.829 0 Td (150,160,667)Tj 0 Tw -31.417 -1.524 Td (Inter-segment elimination)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 23.784 0 Td (\(10,483,146\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.413 0 Td (\(7,718,060\))Tj ET 0.5 w /GS0 gs q 1 0 0 1 365.6693 498.1609 cm 0 0 m 70.866 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tc 0 Tw 10.5 0 0 10.5 360 499.2444 Tm ( )Tj ET q 1 0 0 1 447.874 498.1609 cm 0 0 m 70.866 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 0 10.5 442.2047 499.2444 Tm ( )Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 0.028 Tc -0.028 Tw -6.378 -3.048 Td (142,195,266)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.829 0 Td (142,442,607)Tj 0 Tw -31.417 -3.048 Td (Investments in associates and joint ventures)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 24.756 0 Td (4,549,432)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.829 0 Td (4,471,899)Tj 0 Tw -32.585 -1.524 Td (Equity investments at fair value through other )Tj 0.918 -1.524 Td (comprehensive income)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 24.728 0 Td (870,756)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0 Tc 0 Tw 11.11 0 Td (\226)Tj 0.028 Tc -36.755 -1.524 Td (Available-for-sale investments)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 0 Tc 28.87 0 Td (\226)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.028 Tc -0.028 Tw 5.188 0 Td (38,319)Tj 0 Tw -34.058 -1.524 Td (Unquoted equity investments)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 0 Tc 28.87 0 Td (\226)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.028 Tc -0.028 Tw 4.604 0 Td (724,198)Tj 0 Tw -33.475 -1.524 Td (Other financial assets)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 25.646 0 Td (249,080)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.829 0 Td (177,813)Tj 0 Tw -33.475 -1.524 Td (Tax recoverable)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 25.646 0 Td (210,578)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.829 0 Td (102,065)Tj 0 Tw -33.475 -1.524 Td (Deferred tax assets)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 25.646 0 Td (146,376)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.829 0 Td (170,709)Tj 0 Tw -33.475 -1.524 Td (Unallocated head office and corporate assets)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 24.172 0 Td (67,307,317)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.829 0 Td (64,997,717)Tj -32.001 -1.524 Td (Elimination)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 23.784 0 Td (\(69,024,469\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.829 0 Td (\(67,490,287\))Tj ET /GS0 gs q 1 0 0 1 365.6692 287.1518 cm 0 0 m 70.866 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tc 0 Tw 10.5 0 0 10.5 359.9999 288.2353 Tm ( )Tj ET q 1 0 0 1 447.8739 287.1518 cm 0 0 m 70.866 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 0 10.5 442.2047 288.2353 Tm ( )Tj 0.028 Tc -29.966 -3.048 Td (Consolidated total assets)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 23.588 0 Td (146,504,336)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.829 0 Td (145,635,040)Tj ET 2.5 w /GS0 gs q 1 0 0 1 365.6692 250.9883 cm 0 0 m 70.866 0 l S Q 0.835 w q 1 0 0 1 365.6692 247.6558 cm 0 0 m 70.866 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tc 0 Tw 10.5 0 0 10.5 359.9999 248.5718 Tm ( )Tj ET 2.5 w q 1 0 0 1 447.8739 250.9883 cm 0 0 m 70.866 0 l S Q 0.835 w q 1 0 0 1 447.8739 247.6558 cm 0 0 m 70.866 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 0 10.5 442.2047 248.5718 Tm ( )Tj ET endstreamendobj620 0 obj<>endobj617 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 37.6388 33.8036 Tm (292)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0 Tw 14 0 0 14 70.8661 670.2631 Tm [(14 )-551.2 (SEGMENT REPORTING \(Continued\))]TJ 0 0 0 0.8 k 0.069 Tc 0.078 Tw 11.5 0 0 11.5 99.2126 636.2631 Tm [(\()41.2 (b)41.2 (\))41.2 ( )-679.5 (Reconciliations)13.5 ( of)13.5 ( reportable)13.5 ( segment)13.5 ( revenues)13.5 (,)13.5 ( profit)13.5 ( or)13.5 ( loss)13.5 (,)41.2 ( )]TJ 0.028 Tc 0 Tw 2.465 -1.565 Td (assets and liabilities)Tj ET 0 0 0 0 k 360 600.93 82.205 -16 re 360 584.93 82.205 -16 re 360 568.93 82.205 -4.01 re 360 564.92 82.205 -16 re 360 548.92 82.205 -16 re 360 532.92 82.205 -16 re 360 516.92 82.205 -16 re 360 500.92 82.205 -16 re 360 484.92 82.205 -3.009 re 360 481.911 82.205 -16 re 360 465.911 82.205 -16 re 360 449.911 82.205 -7.664 re 360 442.247 82.205 -16 re 360 426.247 82.205 -16 re 360 410.247 82.205 -16 re 360 394.247 82.205 -16 re 360 378.247 82.205 -3.009 re 360 375.238 82.205 -16 re 360 359.238 82.205 -16 re 360 343.238 82.205 -16 re 360 327.238 82.205 -32 re 360 295.238 82.205 -16 re 360 279.238 82.205 -32 re 360 247.238 82.205 -3.009 re 360 244.229 82.205 -16 re 360 228.229 82.205 -16 re 360 212.229 82.205 -7.664 re 360 204.566 82.205 -3.009 re f BT /CS0 cs 1 scn -0.028 Tw 10.5 0 0 10.5 412.3077 586.2631 Tm (2018)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.829 0 Td (2017)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 10.5 0 2.8135 10.5 389.3654 570.2631 Tm (RMB\222000)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.995 0 Td (RMB\222000)Tj ET /CS0 CS 1 SCN /GS0 gs q 1 0 0 1 127.5591 565.4199 cm 0 0 m 232.441 0 l S Q BT /GS1 gs 0 Tc 0 Tw 10.5 0 0 10.5 127.5591 566.2534 Tm ( )Tj ET /GS0 gs q 1 0 0 1 360 565.4199 cm 0 0 m 82.205 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 10.5 0 2.8135 10.5 360 566.2534 Tm ( )Tj ET q 1 0 0 1 442.2047 565.4199 cm 0 0 m 82.205 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 2.8135 10.5 442.2047 566.2534 Tm ( )Tj /T1_1 1 Tf 0.028 Tc -0.028 Tw 10.5 0 0 10.5 127.5591 534.2534 Tm (Revenue)Tj /T1_2 1 Tf 0 Tw 0 -1.524 TD (Reportable segment revenue)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 24.172 0 Td (26,654,089)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.829 0 Td (24,892,406)Tj 0 Tw -32.001 -1.524 Td (Service concession construction revenue)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 26.229 0 Td (14,112)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.829 0 Td (74,227)Tj 0 Tw -34.058 -1.524 Td (Elimination of inter-segment revenue)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 25.257 0 Td (\(280,278\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.829 0 Td (\(375,017\))Tj ET 0.5 w /GS0 gs q 1 0 0 1 365.6693 482.1609 cm 0 0 m 70.866 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tc 0 Tw 10.5 0 0 10.5 360 483.2444 Tm ( )Tj ET q 1 0 0 1 447.874 482.1609 cm 0 0 m 70.866 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 0 10.5 442.2047 483.2444 Tm ( )Tj 0.028 Tc -29.966 -3.048 Td (Consolidated revenue)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 24.172 0 Td (26,387,923)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.829 0 Td (24,591,616)Tj ET 2.5 w /GS0 gs q 1 0 0 1 365.6693 445.9973 cm 0 0 m 70.866 0 l S Q 0.835 w q 1 0 0 1 365.6693 442.6648 cm 0 0 m 70.866 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tc 0 Tw 10.5 0 0 10.5 360 443.5808 Tm ( )Tj ET 2.5 w q 1 0 0 1 447.874 445.9973 cm 0 0 m 70.866 0 l S Q 0.835 w q 1 0 0 1 447.874 442.6648 cm 0 0 m 70.866 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 0 10.5 442.2047 443.5808 Tm ( )Tj /T1_1 1 Tf 0.028 Tc -0.028 Tw -29.966 -3.048 Td (Profit)Tj /T1_2 1 Tf 0 Tw T* (Reportable segment profit)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 24.756 0 Td (9,413,828)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.829 0 Td (8,472,227)Tj 0 Tw -32.585 -1.524 Td (Elimination of inter-segment profits)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 26.813 0 Td (4,643)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.245 0 Td (31,792)Tj ET 0.5 w /GS0 gs q 1 0 0 1 365.6693 375.4883 cm 0 0 m 70.866 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tc 0 Tw 10.5 0 0 10.5 360 376.5718 Tm ( )Tj ET q 1 0 0 1 447.874 375.4883 cm 0 0 m 70.866 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 0 10.5 442.2047 376.5718 Tm ( )Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 0.028 Tc -0.028 Tw -5.21 -3.048 Td (9,418,471)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.829 0 Td (8,504,019)Tj 0 Tw -32.585 -3.048 Td (Share of profits less losses of associates and )Tj 0.918 -1.524 Td (joint ventures)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 24.728 0 Td (167,499)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.829 0 Td (343,862)Tj 0 Tw -33.475 -1.524 Td (Net finance expenses)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 24.367 0 Td (\(3,512,695\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.829 0 Td (\(3,215,399\))Tj 0 Tw -32.196 -1.524 Td (Unallocated head office and corporate )Tj -0.028 Tw 0.918 -1.524 Td (expenses)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 24.339 0 Td (\(176,439\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.829 0 Td (\(167,092\))Tj ET /GS0 gs q 1 0 0 1 365.6693 244.4792 cm 0 0 m 70.866 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tc 0 Tw 10.5 0 0 10.5 360 245.5627 Tm ( )Tj ET q 1 0 0 1 447.874 244.4792 cm 0 0 m 70.866 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 0 10.5 442.2047 245.5627 Tm ( )Tj 0.028 Tc -29.966 -3.048 Td (Consolidated profit before taxation)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 24.756 0 Td (5,896,836)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.829 0 Td (5,465,390)Tj ET 2.5 w /GS0 gs q 1 0 0 1 365.6693 208.3157 cm 0 0 m 70.866 0 l S Q 0.835 w q 1 0 0 1 365.6693 204.9832 cm 0 0 m 70.866 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tc 0 Tw 10.5 0 0 10.5 360 205.8992 Tm ( )Tj ET 2.5 w q 1 0 0 1 447.874 208.3157 cm 0 0 m 70.866 0 l S Q 0.835 w q 1 0 0 1 447.874 204.9832 cm 0 0 m 70.866 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 0 10.5 442.2047 205.8992 Tm ( )Tj ET endstreamendobj618 0 obj<>endobj615 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 536.9537 33.8036 Tm (291)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT 0 0 0 1 k /GS1 gs /T1_1 1 Tf 0 Tw 8.4 0 0 10.5 259.2351 571.2632 Tm (Wind power)Tj 8.658 0 Td (Coal power)Tj 9.38 0 Td (All others)Tj -0.028 Tw 10.575 0 Td (Total)Tj 8.4 0 2.8135 10.5 269.5847 554.2632 Tm (RMB\222000)Tj 8.436 0 Td (RMB\222000)Tj 8.436 0 Td (RMB\222000)Tj 8.436 0 Td (RMB\222000)Tj ET /CS0 CS 1 SCN /GS0 gs q 1 0 0 1 127.5591 549.43 cm 0 0 m 113.386 0 l S Q BT /GS1 gs 0 Tc 0 Tw 8.4 0 0 10.5 127.5591 550.2635 Tm ( )Tj ET /GS0 gs q 1 0 0 1 240.9449 549.43 cm 0 0 m 70.866 0 l S Q BT /GS1 gs 8.4 0 2.8135 10.5 240.9449 550.2635 Tm ( )Tj ET /GS0 gs q 1 0 0 1 311.8111 549.43 cm 0 0 m 70.866 0 l S Q BT /GS1 gs 8.4 0 2.8135 10.5 311.8111 550.2635 Tm ( )Tj ET /GS0 gs q 1 0 0 1 382.6772 549.43 cm 0 0 m 70.866 0 l S Q BT /GS1 gs 8.4 0 2.8135 10.5 382.6772 550.2635 Tm ( )Tj ET /GS0 gs q 1 0 0 1 453.5433 549.43 cm 0 0 m 70.866 0 l S Q BT /GS1 gs 8.4 0 2.8135 10.5 453.5433 550.2635 Tm ( )Tj 0.028 Tc 8.4 0 0 10.5 127.5591 516.2635 Tm (Depreciation and )Tj 1.147 -1.619 Td (amortisation before inter-)Tj 0 -1.619 TD (segment elimination)Tj -0.028 Tw 15.054 0 Td (\(6,253,075\))Tj 9.326 0 Td (\(378,250\))Tj 8.436 0 Td (\(204,134\))Tj 7.547 0 Td (\(6,835,459\))Tj 0 Tw -41.51 -1.619 Td (\(Provision\)/reversal of )Tj 0.021 Tc 1.147 -1.619 Td [(impairment losses of trade)-6.8 ( )]TJ 0.028 Tc T* (and other receivables)Tj -0.028 Tw 17.111 0 Td (\(7,317\))Tj 0 Tc 0 Tw 10.938 0 Td (\226)Tj 0.028 Tc -0.028 Tw 6.323 0 Td (1,514)Tj 8.048 0 Td (\(5,803\))Tj 0 Tw -43.567 -1.619 Td (Provision of impairment )Tj 1.147 -1.619 Td (losses of property, plant )Tj T* (and equipment and lease )Tj -0.028 Tw T* (prepayments)Tj 16.527 0 Td (\(40,762\))Tj 8.436 0 Td (\(58,056\))Tj 0 Tc 0 Tw 11.522 0 Td (\226)Tj 0.028 Tc -0.028 Tw 5.351 0 Td (\(98,818\))Tj 0 Tw -42.984 -1.619 Td (Interest income)Tj -0.028 Tw 18.063 0 Td (15,577)Tj 8.436 0 Td (18,661)Tj 8.436 0 Td (15,258)Tj 8.436 0 Td (49,496)Tj 0 Tw -43.372 -1.619 Td (Interest expense)Tj -0.028 Tw 16.201 0 Td (\(2,700,679\))Tj 9.91 0 Td (\(63,628\))Tj 7.853 0 Td (\(268,202\))Tj 7.547 0 Td (\(3,032,509\))Tj /T1_2 1 Tf 0 Tw -41.51 -3.238 Td (Reportable segment )Tj -0.028 Tw 1.147 -1.619 Td 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/Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 37.6388 33.8036 Tm (290)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0 Tw 14 0 0 14 70.8661 670.2631 Tm [(14 )-551.2 (SEGMENT REPORTING \(Continued\))]TJ 0 0 0 0.8 k 11.5 0 0 11.5 99.2126 636.2631 Tm [(\(a\) )-853.5 (Segment results, assets and liabilities \(Continued\))]TJ 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 0 10.5 127.5591 604.2631 Tm (For the year ended 31 December 2017:)Tj 8.4 0 0 10.5 259.2351 571.2631 Tm (Wind power)Tj 8.658 0 Td (Coal power)Tj 9.38 0 Td (All others)Tj -0.028 Tw 10.575 0 Td (Total)Tj 8.4 0 2.8135 10.5 269.5847 554.2631 Tm (RMB\222000)Tj 8.436 0 Td (RMB\222000)Tj 8.436 0 Td (RMB\222000)Tj 8.436 0 Td (RMB\222000)Tj ET /CS0 CS 1 SCN /GS0 gs q 1 0 0 1 127.5591 549.4199 cm 0 0 m 113.386 0 l S Q BT /GS1 gs 0 Tc 0 Tw 8.4 0 0 10.5 127.5591 550.2534 Tm ( )Tj ET /GS0 gs q 1 0 0 1 240.9449 549.4199 cm 0 0 m 70.866 0 l S Q BT /GS1 gs 8.4 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553.2534 Tm ( )Tj ET /GS0 gs q 1 0 0 1 240.9449 552.4199 cm 0 0 m 70.866 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 8.4 0 2.8135 10.5 301.0043 553.2534 Tm ( )Tj ET q 1 0 0 1 311.811 552.4199 cm 0 0 m 70.866 0 l S Q BT 8.4 0 2.8135 10.5 371.8705 553.2534 Tm ( )Tj ET q 1 0 0 1 382.6772 552.4199 cm 0 0 m 70.866 0 l S Q BT 8.4 0 2.8135 10.5 442.7366 553.2534 Tm ( )Tj ET q 1 0 0 1 453.5433 552.4199 cm 0 0 m 70.866 0 l S Q BT 8.4 0 2.8135 10.5 513.6028 553.2534 Tm ( )Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.028 Tc 8.4 0 0 10.5 127.5591 522.2534 Tm (Revenue from external )Tj -0.028 Tw 1.147 -1.476 Td (customers)Tj 0 Tw 0 -1.476 TD (\226 Sales of electricity)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 14.858 0 Td (18,398,949)Tj 9.02 0 Td (3,104,419)Tj 9.326 0 Td (392,004)Tj 6.963 0 Td (21,895,372)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0 Tw -40.168 -1.476 Td (\226 Others)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 16.916 0 Td (10,938)Tj 6.963 0 Td (4,209,696)Tj 9.326 0 Td (257,805)Tj 7.547 0 Td (4,478,439)Tj ET 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BT 8.4 0 0 10.5 311.8111 407.7353 Tm ( )Tj ET q 1 0 0 1 388.3465 406.6518 cm 0 0 m 59.528 0 l S Q BT 8.4 0 0 10.5 382.6772 407.7353 Tm ( )Tj ET q 1 0 0 1 459.2126 406.6518 cm 0 0 m 59.528 0 l S Q BT 8.4 0 0 10.5 453.5433 407.7353 Tm ( )Tj 0 0 0 1 k /GS1 gs 0.028 Tc -38.808 -2.952 Td (Reportable segment )Tj -0.028 Tw 1.147 -1.476 Td (revenue)Tj /CS0 cs 1 scn /GS0 gs 14.858 0 Td (18,409,887)Tj 9.02 0 Td (7,314,115)Tj 9.326 0 Td (930,087)Tj 6.963 0 Td (26,654,089)Tj ET 2.5 w q 1 0 0 1 246.6143 355.9883 cm 0 0 m 59.528 0 l S Q 0.835 w q 1 0 0 1 246.6143 352.6558 cm 0 0 m 59.528 0 l S Q BT 0 Tc 0 Tw 8.4 0 0 10.5 240.945 353.5718 Tm ( )Tj ET 2.5 w q 1 0 0 1 317.4804 355.9883 cm 0 0 m 59.528 0 l S Q 0.835 w q 1 0 0 1 317.4804 352.6558 cm 0 0 m 59.528 0 l S Q BT 8.4 0 0 10.5 311.8111 353.5718 Tm ( )Tj ET 2.5 w q 1 0 0 1 388.3465 355.9883 cm 0 0 m 59.528 0 l S Q 0.835 w q 1 0 0 1 388.3466 352.6558 cm 0 0 m 59.528 0 l S Q BT 8.4 0 0 10.5 382.6772 353.5718 Tm ( )Tj ET 2.5 w q 1 0 0 1 459.2127 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Tc 0.078 Tw 2.7 -1.524 Td [(and)13.9 ( generates)14 ( electric)13.9 ( power)13.9 ( for)14 ( sale)13.9 ( to)13.9 ( external)13.9 ( power)14 ( grid)13.9 ( companies)13.9 ( and)15.2 ( )399 ( )]TJ 0.028 Tc 0 Tw 0 -1.524 TD (coal trading business.)Tj 0.068 Tw -2.7 -3.048 Td [(The )0.5 (Group )0.6 (combined )0.5 (other )0.6 (business )0.5 (activities )0.5 (that )0.5 (are )0.5 (not )0.6 (reportable )0.5 (in )0.6 (\223All )0.6 (others\224. )]TJ 0.026 Tc 0 Tw 0 -1.524 TD [(Revenue included in this category is mainly from the manufacturing and s\ale of power)-1.8 ( )]TJ 0.028 Tc 0.003 Tw T* (equipment, the provision of consulting services, maintenance and trainin\g services to )Tj 0 Tw T* (wind power plants, and other renewable power generation.)Tj ET endstreamendobj626 0 obj<>endobj623 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 536.9537 33.8036 Tm (285)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q 0 0 0 0 k 354.331 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(RMB\222000)Tj 7.762 0 Td (RMB\222000)Tj ET /CS0 CS 1 SCN /GS0 gs q 1 0 0 1 99.2126 518.4199 cm 0 0 m 99.213 0 l S Q BT /GS1 gs 0 Tc 0 Tw 8.4 0 0 10.5 99.2126 519.2534 Tm ( )Tj ET /GS0 gs q 1 0 0 1 198.4252 518.4199 cm 0 0 m 65.197 0 l S Q BT /GS1 gs 8.4 0 2.8135 10.5 252.8154 519.2534 Tm ( )Tj ET /GS0 gs q 1 0 0 1 263.6221 518.4199 cm 0 0 m 65.197 0 l S Q BT /GS1 gs 8.4 0 2.8135 10.5 318.0122 519.2534 Tm ( )Tj ET /GS0 gs q 1 0 0 1 328.8189 518.4199 cm 0 0 m 65.197 0 l S Q BT /GS1 gs 8.4 0 2.8135 10.5 383.2091 519.2534 Tm ( )Tj ET /GS0 gs q 1 0 0 1 394.0158 518.4199 cm 0 0 m 65.197 0 l S Q BT /GS1 gs 8.4 0 2.8135 10.5 448.4059 519.2534 Tm ( )Tj ET /GS0 gs q 1 0 0 1 459.2126 518.4199 cm 0 0 m 65.197 0 l S Q BT /GS1 gs 8.4 0 2.8135 10.5 513.6028 519.2534 Tm ( )Tj /T1_1 1 Tf 0.028 Tc -0.028 Tw 8.4 0 0 10.5 99.2126 487.2534 Tm (Directors)Tj /T1_2 1 Tf 0 Tw 1.147 -1.524 Td (Mr. Qiao Baoping )Tj -0.028 Tw 8.4 0 2.8135 10.5 118.4882 455.2534 Tm (\(Chairman\))Tj 0 Tc 0 Tw 8.4 0 0 10.5 253.7528 455.2534 Tm (\226)Tj 7.762 0 Td (\226)Tj 7.762 0 Td (\226)Tj 7.762 0 Td (\226)Tj 7.762 0 Td (\226)Tj 0.028 Tc -48.296 -1.524 Td (Mr. Li Enyi)Tj 0 Tc 17.25 0 Td (\226)Tj 0.028 Tc -0.028 Tw 6.538 0 Td (314)Tj 7.762 0 Td (734)Tj 7.762 0 Td (109)Tj 6.872 0 Td (1,157)Tj 0 Tw -46.183 -1.524 Td (Mr. Wang Baole)Tj 0 Tc 17.25 0 Td (\226)Tj 7.762 0 Td (\226)Tj 7.762 0 Td (\226)Tj 7.762 0 Td (\226)Tj 7.762 0 Td (\226)Tj 0.028 Tc -48.296 -1.524 Td (Mr. Huang Qun)Tj 0 Tc 17.25 0 Td (\226)Tj 0.028 Tc -0.028 Tw 6.538 0 Td (314)Tj 7.762 0 Td (713)Tj 8.345 0 Td (87)Tj 6.288 0 Td (1,114)Tj 0 Tw -46.183 -1.524 Td (Mr. Luan Baoxing)Tj 0 Tc 17.25 0 Td (\226)Tj 7.762 0 Td (\226)Tj 7.762 0 Td (\226)Tj 7.762 0 Td (\226)Tj 7.762 0 Td (\226)Tj 0.028 Tc -48.296 -1.524 Td (Mr. Yang Xiangbin)Tj 0 Tc 17.25 0 Td (\226)Tj 7.762 0 Td (\226)Tj 7.762 0 Td (\226)Tj 7.762 0 Td (\226)Tj 7.762 0 Td (\226)Tj /T1_1 1 Tf 0.028 Tc -49.444 -3.048 Td (Independent non-)Tj 1.147 -1.524 Td (executive directors)Tj /T1_2 1 Tf 0 -1.524 TD (Mr. Zhang Songyi)Tj -0.028 Tw 16.027 0 Td (143)Tj 0 Tc 0 Tw 8.985 0 Td (\226)Tj 7.762 0 Td (\226)Tj 7.762 0 Td (\226)Tj 0.028 Tc -0.028 Tw 6.538 0 Td (143)Tj 0 Tw -47.073 -1.524 Td (Mr. Meng Yan)Tj -0.028 Tw 16.027 0 Td (143)Tj 0 Tc 0 Tw 8.985 0 Td (\226)Tj 7.762 0 Td (\226)Tj 7.762 0 Td (\226)Tj 0.028 Tc -0.028 Tw 6.538 0 Td (143)Tj 0 Tw -47.073 -1.524 Td (Mr. Han Dechang)Tj -0.028 Tw 16.027 0 Td (143)Tj 0 Tc 0 Tw 8.985 0 Td (\226)Tj 7.762 0 Td (\226)Tj 7.762 0 Td (\226)Tj 0.028 Tc -0.028 Tw 6.538 0 Td (143)Tj /T1_1 1 Tf -48.22 -3.048 Td (Supervisors)Tj /T1_2 1 Tf 0 Tw 1.147 -1.524 Td (Mr. Xie Changjun)Tj 0 Tc 17.25 0 Td (\226)Tj 7.762 0 Td (\226)Tj 7.762 0 Td (\226)Tj 7.762 0 Td (\226)Tj 7.762 0 Td (\226)Tj 0.028 Tc -48.296 -1.524 Td (Mr. Yu Yongping)Tj 0 Tc 17.25 0 Td (\226)Tj 7.762 0 Td (\226)Tj 7.762 0 Td (\226)Tj 7.762 0 Td (\226)Tj 7.762 0 Td (\226)Tj 0.028 Tc -48.296 -1.524 Td (Mr. He Shen)Tj 0 Tc 17.25 0 Td (\226)Tj 0.028 Tc -0.028 Tw 6.538 0 Td (256)Tj 7.762 0 Td (573)Tj 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S Q 0.835 w q 1 0 0 1 269.2908 155.6649 cm 0 0 m 53.858 0 l S Q BT /GS1 gs 8.4 0 0 10.5 318.0117 156.5808 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 334.4877 158.9974 cm 0 0 m 53.858 0 l S Q 0.835 w q 1 0 0 1 334.4877 155.6649 cm 0 0 m 53.858 0 l S Q BT /GS1 gs 8.4 0 0 10.5 383.2085 156.5808 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 399.6845 158.9974 cm 0 0 m 53.858 0 l S Q 0.835 w q 1 0 0 1 399.6845 155.6649 cm 0 0 m 53.858 0 l S Q BT /GS1 gs 8.4 0 0 10.5 448.4054 156.5808 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 464.8814 158.9974 cm 0 0 m 53.858 0 l S Q 0.835 w q 1 0 0 1 464.8814 155.6649 cm 0 0 m 53.858 0 l S Q BT /GS1 gs 8.4 0 0 10.5 513.6022 156.5808 Tm ( )Tj ET endstreamendobj638 0 obj<>endobj635 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 536.9537 33.8036 Tm (281)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q 0 0 0 0 k 198.425 630.485 65.197 -58 re 263.622 630.485 65.197 -58 re 328.819 630.485 65.197 -58 re 394.016 630.485 65.197 -58 re 459.213 630.485 65.197 -58 re 198.425 572.485 65.197 -14.5 re 263.622 572.485 65.197 -14.5 re 328.819 572.485 65.197 -14.5 re 394.016 572.485 65.197 -14.5 re 459.213 572.485 65.197 -14.5 re 198.425 557.985 65.197 -4 re 263.622 557.985 65.197 -4 re 328.819 557.985 65.197 -4 re 394.016 557.985 65.197 -4 re 459.213 557.985 65.197 -4 re 198.425 553.985 65.197 -14.5 re 263.622 553.985 65.197 -14.5 re 328.819 553.985 65.197 -14.5 re 394.016 553.985 65.197 -14.5 re 459.213 553.985 65.197 -14.5 re 198.425 539.485 65.197 -14.5 re 263.622 539.485 65.197 -14.5 re 328.819 539.485 65.197 -14.5 re 394.016 539.485 65.197 -14.5 re 459.213 539.485 65.197 -14.5 re 198.425 524.985 65.197 -14.5 re 263.622 524.985 65.197 -14.5 re 328.819 524.985 65.197 -14.5 re 394.016 524.985 65.197 -14.5 re 459.213 524.985 65.197 -14.5 re 198.425 510.485 65.197 -43.5 re 263.622 510.485 65.197 -43.5 re 328.819 510.485 65.197 -43.5 re 394.016 510.485 65.197 -43.5 re 459.213 510.485 65.197 -43.5 re 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318.976 65.197 -14.5 re 328.819 318.976 65.197 -14.5 re 394.016 318.976 65.197 -14.5 re 459.213 318.976 65.197 -14.5 re 198.425 304.476 65.197 -7.664 re 263.622 304.476 65.197 -7.664 re 328.819 304.476 65.197 -7.664 re 394.016 304.476 65.197 -7.664 re 459.213 304.476 65.197 -7.664 re 198.425 296.813 65.197 -3.009 re 263.622 296.813 65.197 -3.009 re 328.819 296.813 65.197 -3.009 re 394.016 296.813 65.197 -3.009 re 459.213 296.813 65.197 -3.009 re f BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tw 8.4 0 0 10.5 198.4361 602.8187 Tm (Directors\222 and )Tj -0.028 Tw 0.833 -1.381 Td (supervisors\222 )Tj 4.168 -1.381 Td (fees)Tj 5.51 4.143 Td (Salaries, )Tj -1.25 -1.381 Td (allowances )Tj 0 Tw -0.61 -1.381 Td (and benefits )Tj 2.806 -1.381 Td (in kind)Tj -0.028 Tw 4.427 1.381 Td (Discretionary )Tj 2.446 -1.381 Td (bonuses)Tj 6.567 2.762 Td (Retirement )Tj 1.61 -1.381 Td (scheme )Tj -2.86 -1.381 Td (contributions)Tj 0 Tw 9.343 0 Td (2018 Total)Tj -0.028 Tw 8.4 0 2.8135 10.5 220.0013 559.3187 Tm (RMB\222000)Tj 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Tw 18.286 0 Td ( )Tj 7.762 0 Td ( )Tj 7.762 0 Td ( )Tj 7.762 0 Td ( )Tj 7.762 0 Td ( )Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.028 Tc -48.185 -1.381 Td (Mr. Yu Yongping)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 0 Tc 17.194 0 Td (\226)Tj 7.762 0 Td (\226)Tj 7.762 0 Td (\226)Tj 7.762 0 Td (\226)Tj 7.762 0 Td (\226)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.028 Tc -48.24 -1.381 Td (Mr. Xie Changjun )Tj 1.147 -1.381 Td (\(Resigned in May )Tj -0.028 Tw 0 -1.381 TD (2018\))Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 0 Tc 0 Tw 16.047 0 Td (\226)Tj 7.762 0 Td (\226)Tj 7.762 0 Td (\226)Tj 7.762 0 Td (\226)Tj 7.762 0 Td (\226)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.028 Tc -48.24 -1.381 Td (Mr. He Shen )Tj 1.147 -1.381 Td (\(Resigned in July )Tj -0.028 Tw T* (2018\))Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 22.641 0 Td (145)Tj 7.762 0 Td (437)Tj 8.345 0 Td (54)Tj 7.178 0 Td (636)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0 Tw -47.073 -1.381 Td (Mr. Chen Bin)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 0 Tc 17.194 0 Td (\226)Tj 7.762 0 Td (\226)Tj 7.762 0 Td (\226)Tj 7.762 0 Td (\226)Tj 7.762 0 Td (\226)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.028 Tc -47.093 -1.381 Td (\(Appointed in )Tj 0 Tc 8.4 0 0 10.5 174.9708 395.819 Tm ( )Tj 0.028 Tc 8.4 0 0 10.5 128.126 381.319 Tm (May 2018\))Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 0 Tc 14.9 0 Td (\226)Tj 7.762 0 Td (\226)Tj 7.762 0 Td (\226)Tj 7.762 0 Td (\226)Tj 7.762 0 Td (\226)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.028 Tc -48.24 -1.381 Td (Mr. Ding Yinglong )Tj 1.147 -1.381 Td (\(Appointed in )Tj 0 -1.381 TD (August 2018\))Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 0 Tc 16.047 0 Td (\226)Tj 0.028 Tc -0.028 Tw 6.594 0 Td (254)Tj 7.762 0 Td (405)Tj 8.345 0 Td (95)Tj 7.178 0 Td (754)Tj ET 0.5 w q 1 0 0 1 204.0945 333.7264 cm 0 0 m 53.858 0 l S Q BT 0 Tc 0 Tw 8.4 0 0 10.5 198.4252 334.8099 Tm ( )Tj ET q 1 0 0 1 269.2914 333.7264 cm 0 0 m 53.858 0 l S Q BT 8.4 0 0 10.5 263.6221 334.8099 Tm ( )Tj ET q 1 0 0 1 334.4882 333.7264 cm 0 0 m 53.858 0 l S Q BT 8.4 0 0 10.5 328.8189 334.8099 Tm ( )Tj ET q 1 0 0 1 399.6851 333.7264 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0.045 Tc 2.025 -1.357 Td [(PROFIT)13.8 ( OR)13.8 ( LOSS)13.8 ( AND)13.8 ( OTHER)13.8 ( COMPREHENSIVE)13.8 ( INCOME)17.2 ( )]TJ 0.028 Tc -0.028 Tw 0 -1.357 TD (\(Continued\))Tj 0 0 0 0.8 k 0.045 Tc 0.078 Tw 11.5 0 0 11.5 99.2126 598.2631 Tm [(\()17.2 (a)17.2 (\))17.2 ( )-758.5 (Taxation)14 ( in)14 ( the)14 ( consolidated)13.9 ( statement)14 ( of)14 ( profit)14 ( or)14 ( loss)14 ( and)14 ( other)17.2 ( )]TJ 0.028 Tc 0 Tw 2.465 -1.565 Td (comprehensive income represents \(Continued\):)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf -0.028 Tw 9.5 0 2.5455 9.5 126.5841 551.2631 Tm (Notes:)Tj 0.033 Tc 0.087 Tw 9.5 0 0 9.5 127.5591 525.2631 Tm [(\()5.2 (i)5.2 (\))5.2 ( )-1614.4 (The)5.2 ( )0.5 (prov)0.5 (ision)5.2 ( )0.5 (fo)0.5 (r)5.2 ( i)0.5 (ncome)5.2 ( )0.5 (tax)5.2 ( )0.5 (of)5.2 ( )0.5 (the)5.2 ( )0.5 (PRC)5.3 ( su)0.5 (bsid)0.5 (iari)0.5 (es)5.2 ( of)5.3 ( th)0.5 (e)5.2 ( G)0.5 (roup)5.2 ( )0.5 (is)5.2 ( )0.5 (calc)0.5 (ulated)5.2 ( )]TJ 0.055 Tc 0.078 Tw 2.984 -1.368 Td [(based)13.8 ( on)13.8 ( the)13.9 ( statutory)13.9 ( rate)13.9 ( of)13.9 ( 2)13.8 (5)13.9 (%)13.8 ( of)13.8 ( the)13.9 ( assessable)13.8 ( profits)13.9 ( of)13.9 ( the)13.8 ( Group)13.8 ( as)27.2 ( )]TJ 0.028 Tc 0.01 Tw 0 -1.368 TD (determined in accordance with the relevant PRC income tax rules and regu\lations )Tj 0.012 Tw T* [(for the years ended 31 December 2017 and 2018, except for certain subsi\diaries )318 ( )]TJ 0.033 Tw T* (of the Group, which are taxed at preferential rates of 0% to 15% accordi\ng to the )Tj 0 Tw 0 -1.368 TD (relevant tax authorities\222 approvals.)Tj 0.06 Tc 0.078 Tw 0 -2.737 TD [(Pursuant)13.9 ( to)13.9 ( CaiShui)13.9 ( [)13.9 (2)13.9 (0)13.9 (0)13.8 (8)13.9 (])13.9 ( No)13.8 (.)13.9 ( 4)13.9 (6)13.8 ( Notice)13.9 ( on)13.9 ( the)13.9 ( Execution)13.9 ( of)13.8 ( the)13.8 ( Catalogue)32.2 ( )]TJ 0.044 Tc 0 -1.368 TD [(of)14.1 ( Public)14.1 ( Infrastructure)14.1 ( Projects)14.1 ( Entitled)14.1 ( for)14.1 ( Preferential)14.1 ( Tax)14.2 ( Treatment)14.1 (,)14.1 ( certain)16.3 ( )]TJ 0.026 Tc 0 Tw T* [(subsidiaries of the Group, which are set up after 1 January 2008 and are\ engaged)-1.8 ( )]TJ 0.028 Tc 0.057 Tw T* (in public infrastructure projects, are each entitled to a tax holiday of\ a 3-year full )Tj 0.026 Tc 0 Tw T* [(exemption followed by a 3-year 50% exemption commencing from their respe\ctive)-1.8 ( )]TJ 0.028 Tc T* (first operating income generating year.)Tj 0.061 Tw 0 -2.737 TD (Pursuant to CaiShui [2011] No.58, the Company\222s subsidiaries establis\hed in the )Tj 0.031 Tw 0 -1.368 TD (Western Region of the PRC are entitled to the preferential income tax ra\te of 15% )Tj 0 Tw 0 -1.368 TD (from 2011 to 2020.)Tj 0.044 Tc 0.078 Tw -2.984 -2.737 Td [(\()16.2 (i)16.2 (i)16.3 (\))16.2 ( )-1362.7 (Hero)13.7 ( Asia)13.7 ( Investment)13.8 ( Limited)13.8 (,)13.7 ( a)13.7 ( subsidiary)13.8 ( of)13.8 ( the)13.8 ( Group)13.7 ( incorporated)13.7 ( in)13.7 ( Hong)16.2 ( )]TJ 0.048 Tc 2.984 -1.368 Td [(Kong)14.1 (,)14.2 ( is)14.2 ( subject)14.2 ( to)14.2 ( Hong)14.1 ( )0.5 (Kong)14.2 ( profits)14.2 ( tax)14.1 ( at)14.1 ( )0.5 (1)14.1 (6)14.1 (.)14.2 (5)14.2 (%)14.1 (.)14.2 ( Pursuant)14.2 ( to)14.2 ( the)14.2 ( rules)14.2 ( and)20.2 ( )]TJ 0.028 Tc 0.02 Tw T* (regulations of the British Virgin Islands \(\223BVI\224\), Hero Asia \(B\VI\) Company Limited, )Tj 0 Tw T* (a subsidiary of the Group, is not subject to any income tax in the BVI.)Tj 0.066 Tc 0.078 Tw 0 -2.737 TD [(Hero)13.8 ( Asia)13.8 ( Investment)13.7 ( Limited)13.7 ( and)13.8 ( Hero)13.7 ( Asia)13.8 ( \()13.8 (BVI)13.8 (\))13.8 ( Company)13.7 ( Limited)13.8 (,)13.8 ( being)38.2 ( )]TJ 0.028 Tc 0.063 Tw 0 -1.368 TD (overseas enterprises controlled by a PRC enterprise, are considered as t\he PRC )Tj 0.035 Tw 0 -1.368 TD (tax residents in accordance with GuoShuiFa [2009] No. 82. Accordingly, t\hey are )Tj 0.044 Tc 0.078 Tw T* [(subject)13.7 ( to)13.8 ( the)13.8 ( PRC)13.8 ( income)13.8 ( tax)13.8 ( at)13.7 ( 2)13.8 (5)13.8 (%)13.8 (,)13.8 ( and)13.8 ( dividends)13.8 ( receivable)13.8 ( by)13.8 ( these)13.8 ( two)16.2 ( )]TJ 0.028 Tc 0 Tw T* (companies are exempted from the PRC dividend withholding tax.)Tj 0.039 Tw 0 -2.737 TD (The Company\222s subsidiary in Canada is subject to income tax at a rate\ of 26.5%. )Tj 0.044 Tc 0.077 Tw 0 -1.368 TD [(T)0.5 (he)14.4 ( Co)0.5 (mp)0.5 (an)0.5 (y)14.4 (\222)14.3 (s)14.4 ( su)0.5 (bs)0.5 (id)0.5 (i)0.5 (ar)0.5 (y)14.3 ( in)14.4 ( So)0.5 (ut)0.5 (h)14.3 ( A)0.5 (f)0.5 (ri)0.5 (ca)14.4 ( i)0.5 (s)14.3 ( s)0.5 (ub)0.5 (je)0.5 (ct)14.4 ( t)0.5 (o)14.3 ( i)0.5 (nc)0.5 (om)0.5 (e)14.3 ( t)0.5 (a)0.5 (x)14.3 ( a)0.5 (t)14.3 ( a)14.4 ( ra)0.5 (te)14.4 ( o)0.5 (f)16.2 ( )]TJ 0.028 Tc -0.028 Tw T* (28%.)Tj ET endstreamendobj650 0 obj<>endobj647 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 536.9537 33.8036 Tm (277)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0 Tw 14 0 0 14 70.8661 670.2631 Tm [(9 )-1134.9 (INCOME TAX IN THE CONSOLIDATED STATEMENT OF )]TJ 2.025 -1.357 Td (PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME)Tj 0 0 0 0.8 k 0.045 Tc 0.078 Tw 11.5 0 0 11.5 99.2126 617.2631 Tm [(\()17.2 (a)17.2 (\))17.2 ( )-758.5 (Taxation)14 ( in)14 ( the)14 ( consolidated)13.9 ( statement)14 ( of)14 ( profit)14 ( or)14 ( loss)14 ( and)14 ( other)17.2 ( )]TJ 0.028 Tc 0 Tw 2.465 -1.565 Td (comprehensive income represents:)Tj ET 0 0 0 0 k 360 581.93 82.205 -16 re 360 565.93 82.205 -16 re 360 549.93 82.205 -4.01 re 360 545.92 82.205 -16 re 360 529.92 82.205 -16 re 360 513.92 82.205 -16 re 360 497.92 82.205 -16 re 360 481.92 82.205 -3.009 re 360 478.911 82.205 -16 re 360 462.911 82.205 -16 re 360 446.911 82.205 -16 re 360 430.911 82.205 -32 re 360 398.911 82.205 -3.009 re 360 395.902 82.205 -16 re 360 379.902 82.205 -16 re 360 363.902 82.205 -7.664 re 360 356.238 82.205 -3.009 re f BT /CS0 cs 1 scn -0.028 Tw 10.5 0 0 10.5 412.3077 567.2631 Tm (2018)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.829 0 Td (2017)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 10.5 0 2.8135 10.5 389.3654 551.2631 Tm (RMB\222000)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.995 0 Td (RMB\222000)Tj ET /CS0 CS 1 SCN /GS0 gs q 1 0 0 1 127.5591 546.4199 cm 0 0 m 232.441 0 l S Q BT /GS1 gs 0 Tc 0 Tw 10.5 0 0 10.5 127.5591 547.2534 Tm ( )Tj ET /GS0 gs q 1 0 0 1 360 546.4199 cm 0 0 m 82.205 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 10.5 0 2.8135 10.5 360 547.2534 Tm ( )Tj ET q 1 0 0 1 442.2047 546.4199 cm 0 0 m 82.205 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 2.8135 10.5 442.2047 547.2534 Tm ( )Tj /T1_1 1 Tf 0.028 Tc 10.5 0 0 10.5 127.5591 515.2534 Tm (Current tax)Tj /T1_2 1 Tf 0 -1.524 TD (Provision for the year)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 25.646 0 Td (964,101)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.829 0 Td (831,062)Tj 0 Tw -33.475 -1.524 Td (Underprovision in respect of prior years)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 26.229 0 Td (14,290)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.829 0 Td (78,870)Tj ET 0.5 w /GS0 gs q 1 0 0 1 365.6693 479.1609 cm 0 0 m 70.866 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tc 0 Tw 10.5 0 0 10.5 360 480.2444 Tm ( )Tj ET q 1 0 0 1 447.874 479.1609 cm 0 0 m 70.866 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 0 10.5 442.2047 480.2444 Tm ( )Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 0.028 Tc -0.028 Tw -4.321 -3.048 Td (978,391)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.829 0 Td (909,932)Tj /T1_1 1 Tf 0 Tw -33.475 -1.524 Td (Deferred tax)Tj /T1_2 1 Tf T* (Origination and reversal of temporary )Tj -0.028 Tw 0.918 -1.524 Td (differences )Tj 0 Tw 10.5 0 2.8135 10.5 195.0617 400.2444 Tm (\(note 32\(b\)\))Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 10.5 0 0 10.5 405.0166 400.2444 Tm (\(2,775\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.218 0 Td (5,760)Tj ET /GS0 gs q 1 0 0 1 365.6693 396.1518 cm 0 0 m 70.866 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tc 0 Tw 10.5 0 0 10.5 360 397.2353 Tm ( )Tj ET q 1 0 0 1 447.874 396.1518 cm 0 0 m 70.866 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 0 10.5 442.2047 397.2353 Tm ( )Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 0.028 Tc -0.028 Tw -4.321 -3.048 Td (975,616)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.829 0 Td (915,692)Tj ET 2.5 w /GS0 gs q 1 0 0 1 365.6693 359.9883 cm 0 0 m 70.866 0 l S Q 0.835 w q 1 0 0 1 365.6693 356.6558 cm 0 0 m 70.866 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tc 0 Tw 10.5 0 0 10.5 360 357.5718 Tm ( )Tj ET 2.5 w q 1 0 0 1 447.874 359.9883 cm 0 0 m 70.866 0 l S Q 0.835 w q 1 0 0 1 447.874 356.6558 cm 0 0 m 70.866 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 0 10.5 442.2047 357.5718 Tm ( )Tj ET endstreamendobj648 0 obj<>endobj645 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 37.6388 33.8036 Tm (276)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0 Tw 14 0 0 14 70.8661 670.2631 Tm [(8 )-1134.9 (PROFIT BEFORE TAXATION)]TJ 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 0 10.5 99.2126 639.2631 Tm (Profit before taxation is arrived at after charging:)Tj 0 0 0 0.8 k /GS0 gs /T1_1 1 Tf 11.5 0 0 11.5 99.2126 606.2631 Tm [(\(a\) )-853.5 (Personnel costs)]TJ ET 0 0 0 0 k 360 589.43 82.205 -13.5 re 360 575.93 82.205 -13.5 re 360 562.43 82.205 -4.01 re 360 558.42 82.205 -13.5 re 360 544.92 82.205 -13.5 re 360 531.42 82.205 -27 re 360 504.42 82.205 -3.009 re 360 501.411 82.205 -13.5 re 360 487.911 82.205 -13.5 re 360 474.411 82.205 -7.664 re 360 466.747 82.205 -3.009 re f BT /CS0 cs 1 scn -0.028 Tw 10.5 0 0 10.5 412.3077 577.2631 Tm (2018)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.829 0 Td (2017)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 10.5 0 2.8135 10.5 389.3654 563.7631 Tm (RMB\222000)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.995 0 Td (RMB\222000)Tj ET /CS0 CS 1 SCN /GS0 gs q 1 0 0 1 127.5591 558.9199 cm 0 0 m 232.441 0 l S Q BT /GS1 gs 0 Tc 0 Tw 10.5 0 0 10.5 127.5591 559.7534 Tm ( )Tj ET /GS0 gs q 1 0 0 1 360 558.9199 cm 0 0 m 82.205 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 10.5 0 2.8135 10.5 360 559.7534 Tm ( )Tj ET q 1 0 0 1 442.2047 558.9199 cm 0 0 m 82.205 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 2.8135 10.5 442.2047 559.7534 Tm ( )Tj 0.028 Tc 10.5 0 0 10.5 127.5591 532.7534 Tm (Salaries, wages and other benefits)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 24.756 0 Td (1,801,178)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.829 0 Td (1,475,867)Tj 0 Tw -32.585 -1.286 Td (Contributions to defined contribution )Tj 0 Tc ( )Tj 0.028 Tc 0.945 -1.286 Td (retirement plans)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 24.701 0 Td (273,773)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.829 0 Td (200,732)Tj ET 0.5 w /GS0 gs q 1 0 0 1 365.6693 501.6609 cm 0 0 m 70.866 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tc 0 Tw 10.5 0 0 10.5 360 502.7444 Tm ( )Tj ET q 1 0 0 1 447.874 501.6609 cm 0 0 m 70.866 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 0 10.5 442.2047 502.7444 Tm ( )Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 0.028 Tc -0.028 Tw -5.21 -2.571 Td (2,074,951)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.829 0 Td (1,676,599)Tj ET 2.5 w /GS0 gs q 1 0 0 1 365.6693 470.4973 cm 0 0 m 70.866 0 l S Q 0.835 w q 1 0 0 1 365.6693 467.1648 cm 0 0 m 70.866 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tc 0 Tw 10.5 0 0 10.5 360 468.0808 Tm ( )Tj ET 2.5 w q 1 0 0 1 447.874 470.4973 cm 0 0 m 70.866 0 l S Q 0.835 w q 1 0 0 1 447.874 467.1648 cm 0 0 m 70.866 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 0 10.5 442.2047 468.0808 Tm ( )Tj 0 0 0 0.8 k /GS0 gs /T1_1 1 Tf 0.028 Tc 11.5 0 0 11.5 99.2126 433.4052 Tm [(\(b\) )-798.5 (Other items)]TJ ET 0 0 0 0 k 360 416.572 82.205 -13.5 re 360 403.072 82.205 -13.5 re 360 389.572 82.205 -4.01 re 360 385.562 82.205 -13.5 re 360 372.062 82.205 -13.5 re 360 358.562 82.205 -13.5 re 360 345.062 82.205 -13.5 re 360 331.562 82.205 -13.5 re 360 318.062 82.205 -13.5 re 360 304.562 82.205 -13.5 re 360 291.062 82.205 -13.5 re 360 277.562 82.205 -13.5 re 360 264.062 82.205 -13.5 re 360 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(80,534)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (42,930)Tj ET 0.5 w /GS0 gs q 1 0 0 1 360 184.803 cm 0 0 m 73.701 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tc 0 Tw 10.5 0 0 10.5 354.3307 185.8865 Tm ( )Tj ET q 1 0 0 1 445.0393 184.803 cm 0 0 m 73.701 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 0 10.5 439.3701 185.8865 Tm ( )Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 0.028 Tc -0.028 Tw -4.321 -3.238 Td (917,476)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (712,328)Tj ET 2.5 w /GS0 gs q 1 0 0 1 360 146.6395 cm 0 0 m 73.701 0 l S Q 0.835 w q 1 0 0 1 360 143.307 cm 0 0 m 73.701 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tc 0 Tw 10.5 0 0 10.5 354.3307 144.223 Tm ( )Tj ET 2.5 w q 1 0 0 1 445.0394 146.6395 cm 0 0 m 73.701 0 l S Q 0.835 w q 1 0 0 1 445.0394 143.307 cm 0 0 m 73.701 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 0 10.5 439.3701 144.223 Tm ( )Tj ET endstreamendobj687 0 obj<>endobj684 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 536.9537 33.8036 Tm (273)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0 Tw 14 0 0 14 70.8661 670.2631 Tm [(5 )-1134.9 (REVENUE \(Continued\))]TJ 0 0 0 0.8 k 11.5 0 0 11.5 99.2126 636.2631 Tm [(\(i\) )-1131.5 (Disaggregated revenue information \(Continued\):)]TJ 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.045 Tc 0.078 Tw 10.5 0 0 10.5 127.5591 604.2631 Tm [(The)13.7 ( following)13.7 ( table)13.7 ( shows)13.7 ( the)13.7 ( amounts)13.7 ( of)13.7 ( revenue)13.7 ( recognised)13.7 ( in)13.7 ( the)13.7 ( current)17.2 ( )]TJ 0.028 Tc 0.023 Tw 0 -1.524 TD (reporting period that were included in the contract liabilities at the b\eginning of )Tj 0.03 Tc 0.09 Tw T* [(the)2.2 ( reporting)2.2 ( )0.5 (period)2.2 ( )0.5 (and)2.2 ( recognised)2.2 ( )0.5 (from)2.2 ( )0.5 (performance)2.2 ( )0.5 (obligations)2.2 ( satisfied)2.2 ( )0.5 (in)2.2 ( )]TJ 0.028 Tc 0 Tw T* (previous periods:)Tj ET 0 0 0 0 k /GS0 gs 425.197 538.93 99.213 -16 re 425.197 522.93 99.213 -16 re 425.197 506.93 99.213 -4.01 re 425.197 502.92 99.213 -16 re 425.197 486.92 99.213 -32 re 425.197 454.92 99.213 -16 re 425.197 438.92 99.213 -7.664 re f BT /CS0 cs 1 scn /T1_1 1 Tf -0.028 Tw 10.5 0 0 10.5 494.5125 524.2631 Tm (2018)Tj 10.5 0 2.8135 10.5 471.5701 508.2631 Tm (RMB\222000)Tj ET /CS0 CS 1 SCN q 1 0 0 1 127.5591 503.4199 cm 0 0 m 297.638 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0 Tc 0 Tw 10.5 0 0 10.5 127.5591 504.2534 Tm ( )Tj ET /GS0 gs q 1 0 0 1 425.1968 503.4199 cm 0 0 m 99.213 0 l S Q BT /GS1 gs 10.5 0 0 10.5 425.1968 504.2534 Tm ( )Tj 0.028 Tc -28.346 -3.048 Td (Revenue recognised that was included in contract liabilities )Tj 0.945 -1.524 Td (at the beginning of the reporting period:)Tj -0.945 -1.524 Td (Types of goods and service-others)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 33.642 0 Td (95,794*)Tj ET 2.5 w q 1 0 0 1 430.8661 435.0064 cm 0 0 m 87.874 0 l S Q 0.835 w q 1 0 0 1 430.8661 431.6739 cm 0 0 m 87.874 0 l S Q BT 0 Tc 0 Tw 10.5 0 0 10.5 425.1968 432.5899 Tm ( )Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.028 Tc 0.048 Tw 9.5 0 0 9.5 127.559 404.9234 Tm [(* )-2213 (Contract liabilities as at 1 January 2018 with total amount of RMB95,794\,000 was )]TJ 0 Tw 2.984 -1.368 Td (recognised as revenue in 2018.)Tj 0 0 0 0.8 k /GS0 gs /T1_1 1 Tf 11.5 0 0 11.5 99.2126 357.9234 Tm [(\(ii\) )-825.7 (Performance obligations)]TJ 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 0 10.5 127.559 325.9234 Tm (Information about the Group\222s performance obligations is summarised b\elow:)Tj /T1_1 1 Tf 0 -3.048 TD (Sales of electricity, steam and coal)Tj /T1_2 1 Tf 0.047 Tc 0.078 Tw T* [(The)14.1 ( Group)14.1 (\222)14.1 (s)14.1 ( contracts)14.1 ( with)14.1 ( customers)14.1 ( for)14.1 ( the)14.1 ( sales)14.1 ( of)14.1 ( electricity)14.1 (,)14.1 ( steam)14.1 ( and)19.2 ( )]TJ 0.032 Tc 0.088 Tw 0 -1.524 TD [(co)0.5 (al)4.2 ( )0.5 (gen)0.5 (eral)0.5 (ly)4.2 ( )0.5 (in)0.5 (clu)0.5 (de)4.2 ( )0.5 (one)4.2 ( )0.5 (per)0.5 (for)0.5 (ma)0.5 (nce)4.2 ( )0.5 (obl)0.5 (ig)0.5 (ati)0.5 (on)4.2 (.)4.2 ( )0.5 (The)4.2 ( G)0.5 (ro)0.5 (up)4.2 ( )0.5 (has)4.2 ( )0.5 (con)0.5 (clu)0.5 (ded)4.2 ( )]TJ 0.048 Tc 0.077 Tw T* [(that)14.2 ( the)14.2 ( performance)14.2 ( obligation)14.2 ( )-0.6 (is)14.2 ( )-0.6 (satisfied)14.2 ( )-0.6 (at)14.2 ( )-0.6 (the)14.2 ( point)14.2 ( in)14.2 ( time)14.2 ( and)14.2 ( revenue)20.2 ( )]TJ 0.028 Tc 0 Tw T* (continues to be recognised upon transmission to the customers.)Tj /T1_1 1 Tf 0 -3.048 TD (Service concession construction revenue)Tj /T1_2 1 Tf 0.027 Tc 0 -3.048 TD [(Revenue from the provision of construction services under a service conc\ession)-0.8 ( )]TJ 0.076 Tc 0.078 Tw 0 -1.524 TD [(construction)13.9 ( contract)13.9 ( is)13.8 ( recognised)13.8 ( over)13.8 ( time)13.9 (,)13.9 ( using)13.8 ( an)13.9 ( input)13.8 ( method)13.8 ( to)48.2 ( )]TJ 0.063 Tc 0.077 Tw T* [(meas)0.5 (ure)14.3 ( progr)0.5 (ess)14.3 ( towa)0.5 (rds)14.3 ( comp)0.5 (lete)14.3 ( satis)0.5 (facti)0.5 (on)14.3 ( o)0.5 (f)14.3 ( t)0.5 (he)14.3 ( s)0.5 (ervic)0.5 (e)14.3 (.)14.3 ( The)14.3 ( input)35.2 ( )]TJ 0.076 Tc T* [(method)14.3 ( recognises)14.3 ( revenue)14.3 ( b)0.5 (ase)0.5 (d)14.3 ( on)14.3 ( the)14.3 ( p)0.5 (roportion)14.3 ( of)14.3 ( the)14.3 ( actual)14.3 ( co)0.5 (sts)48.2 ( )]TJ 0.028 Tc 0.06 Tw T* (incurred relative to the estimated total costs for satisfaction of the c\onstruction )Tj -0.028 Tw T* (services.)Tj ET endstreamendobj685 0 obj<>endobj682 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 37.6388 33.8036 Tm (272)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 1.135 Tw 14 0 0 14 70.8661 670.2631 Tm (5 REVENUE)Tj 0 Tw ( \(Continued\))Tj 0 0 0 0.8 k 11.5 0 0 11.5 99.2126 636.2631 Tm [(\(i\) )-1131.5 (Disaggregated revenue information:)]TJ 0 0 0 1 k /GS1 gs 10.5 0 0 10.5 127.559 604.2631 Tm (For the year ended 31 December 2018)Tj ET 0 0 0 0 k /GS0 gs 263.622 586.93 65.197 -32 re 328.819 586.93 65.197 -32 re 394.016 586.93 65.197 -32 re 459.213 586.93 65.197 -32 re 263.622 554.93 65.197 -16 re 328.819 554.93 65.197 -16 re 394.016 554.93 65.197 -16 re 459.213 554.93 65.197 -16 re 263.622 538.93 65.197 -4.01 re 328.819 538.93 65.197 -4.01 re 394.016 538.93 65.197 -4.01 re 459.213 538.93 65.197 -4.01 re 263.622 534.92 65.197 -16 re 328.819 534.92 65.197 -16 re 394.016 534.92 65.197 -16 re 459.213 534.92 65.197 -16 re 263.622 518.92 65.197 -16 re 328.819 518.92 65.197 -16 re 394.016 518.92 65.197 -16 re 459.213 518.92 65.197 -16 re 263.622 502.92 65.197 -16 re 328.819 502.92 65.197 -16 re 394.016 502.92 65.197 -16 re 459.213 502.92 65.197 -16 re 263.622 486.92 65.197 -16 re 328.819 486.92 65.197 -16 re 394.016 486.92 65.197 -16 re 459.213 486.92 65.197 -16 re 263.622 470.92 65.197 -32 re 328.819 470.92 65.197 -32 re 394.016 470.92 65.197 -32 re 459.213 470.92 65.197 -32 re 263.622 438.92 65.197 -16 re 328.819 438.92 65.197 -16 re 394.016 438.92 65.197 -16 re 459.213 438.92 65.197 -16 re 263.622 422.92 65.197 -16 re 328.819 422.92 65.197 -16 re 394.016 422.92 65.197 -16 re 459.213 422.92 65.197 -16 re 263.622 406.92 65.197 -3.009 re 328.819 406.92 65.197 -3.009 re 394.016 406.92 65.197 -3.009 re 459.213 406.92 65.197 -3.009 re 263.622 403.911 65.197 -16 re 328.819 403.911 65.197 -16 re 394.016 403.911 65.197 -16 re 459.213 403.911 65.197 -16 re 263.622 387.911 65.197 -16 re 328.819 387.911 65.197 -16 re 394.016 387.911 65.197 -16 re 459.213 387.911 65.197 -16 re 263.622 371.911 65.197 -7.664 re 328.819 371.911 65.197 -7.664 re 394.016 371.911 65.197 -7.664 re 459.213 371.911 65.197 -7.664 re 263.622 364.247 65.197 -16 re 328.819 364.247 65.197 -16 re 394.016 364.247 65.197 -16 re 459.213 364.247 65.197 -16 re 263.622 348.247 65.197 -16 re 328.819 348.247 65.197 -16 re 394.016 348.247 65.197 -16 re 459.213 348.247 65.197 -16 re 263.622 332.247 65.197 -16 re 328.819 332.247 65.197 -16 re 394.016 332.247 65.197 -16 re 459.213 332.247 65.197 -16 re 263.622 316.247 65.197 -16 re 328.819 316.247 65.197 -16 re 394.016 316.247 65.197 -16 re 459.213 316.247 65.197 -16 re 263.622 300.247 65.197 -16 re 328.819 300.247 65.197 -16 re 394.016 300.247 65.197 -16 re 459.213 300.247 65.197 -16 re 263.622 284.247 65.197 -3.009 re 328.819 284.247 65.197 -3.009 re 394.016 284.247 65.197 -3.009 re 459.213 284.247 65.197 -3.009 re 263.622 281.238 65.197 -16 re 328.819 281.238 65.197 -16 re 394.016 281.238 65.197 -16 re 459.213 281.238 65.197 -16 re 263.622 265.238 65.197 -16 re 328.819 265.238 65.197 -16 re 394.016 265.238 65.197 -16 re 459.213 265.238 65.197 -16 re 263.622 249.238 65.197 -7.664 re 328.819 249.238 65.197 -7.664 re 394.016 249.238 65.197 -7.664 re 459.213 249.238 65.197 -7.664 re 263.622 241.575 65.197 -16 re 328.819 241.575 65.197 -16 re 394.016 241.575 65.197 -16 re 459.213 241.575 65.197 -16 re 263.622 225.575 65.197 -16 re 328.819 225.575 65.197 -16 re 394.016 225.575 65.197 -16 re 459.213 225.575 65.197 -16 re 263.622 209.575 65.197 -32 re 328.819 209.575 65.197 -32 re 394.016 209.575 65.197 -32 re 459.213 209.575 65.197 -32 re 263.622 177.575 65.197 -16 re 328.819 177.575 65.197 -16 re 394.016 177.575 65.197 -16 re 459.213 177.575 65.197 -16 re 263.622 161.575 65.197 -3.009 re 328.819 161.575 65.197 -3.009 re 394.016 161.575 65.197 -3.009 re 459.213 161.575 65.197 -3.009 re 263.622 158.566 65.197 -16 re 328.819 158.566 65.197 -16 re 394.016 158.566 65.197 -16 re 459.213 158.566 65.197 -16 re 263.622 142.566 65.197 -16 re 328.819 142.566 65.197 -16 re 394.016 142.566 65.197 -16 re 459.213 142.566 65.197 -16 re 263.622 126.566 65.197 -7.664 re 328.819 126.566 65.197 -7.664 re 394.016 126.566 65.197 -7.664 re 459.213 126.566 65.197 -7.664 re f BT /CS0 cs 1 scn -0.028 Tw 9.45 0 0 10.5 299.2659 572.2631 Tm (Wind )Tj -0.529 -1.524 Td (power)Tj 7.705 1.524 Td (Coal )Tj -0.806 -1.524 Td (power)Tj 7.177 1.524 Td (Other )Tj -1.751 -1.524 Td (business)Tj 8.929 0 Td (Total)Tj 9.45 0 2.8135 10.5 280.5887 540.2631 Tm (RMB\222000)Tj 6.899 0 Td (RMB\222000)Tj 6.899 0 Td (RMB\222000)Tj 6.899 0 Td (RMB\222000)Tj ET /CS0 CS 1 SCN q 1 0 0 1 127.559 535.4199 cm 0 0 m 136.063 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0 Tc 0 Tw 9.45 0 0 10.5 127.559 536.2534 Tm ( )Tj ET /GS0 gs q 1 0 0 1 263.622 535.4199 cm 0 0 m 65.197 0 l S Q BT /GS1 gs 9.45 0 0 10.5 317.3699 536.2534 Tm ( )Tj ET /GS0 gs q 1 0 0 1 328.8188 535.4199 cm 0 0 m 65.197 0 l S Q BT /GS1 gs 9.45 0 0 10.5 382.5668 536.2534 Tm ( )Tj ET /GS0 gs q 1 0 0 1 394.0157 535.4199 cm 0 0 m 65.197 0 l S Q BT /GS1 gs 9.45 0 0 10.5 447.7636 536.2534 Tm ( )Tj ET /GS0 gs q 1 0 0 1 459.2125 535.4199 cm 0 0 m 65.197 0 l S Q BT /GS1 gs 9.45 0 0 10.5 512.9605 536.2534 Tm ( )Tj /T1_1 1 Tf 0.026 Tc -40.783 -3.048 Td (Types of goods and services)Tj /T1_2 1 Tf 0.028 Tc 0 -1.524 TD (Sales of electricity)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 15.443 0 Td (18,398,949)Tj 7.483 0 Td (3,104,419)Tj 7.789 0 Td (392,004)Tj 5.426 0 Td (21,895,372)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0 Tw -36.141 -1.524 Td (Sales of steam)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 0 Tc 20.141 0 Td (\226)Tj 0.028 Tc -0.028 Tw 3.674 0 Td (664,017)Tj 0 Tc 0 Tw 10.124 0 Td (\226)Tj 0.028 Tc -0.028 Tw 3.674 0 Td (664,017)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0 Tw -37.614 -1.524 Td (Service concession )Tj 0.9 -1.524 Td (construction revenue)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 16.601 0 Td (14,112)Tj 0 Tc 0 Tw 9.54 0 Td (\226)Tj 6.899 0 Td (\226)Tj 0.028 Tc -0.028 Tw 4.258 0 Td (14,112)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0 Tw -38.198 -1.524 Td (Sales of coal)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 0 Tc 20.141 0 Td (\226)Tj 0.028 Tc -0.028 Tw 2.785 0 Td (3,261,970)Tj 0 Tc 0 Tw 11.014 0 Td (\226)Tj 0.028 Tc -0.028 Tw 2.785 0 Td (3,261,970)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf -36.724 -1.524 Td (Others)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 17.5 0 Td (10,938)Tj 6.315 0 Td (283,709)Tj 6.899 0 Td (257,805)Tj 6.899 0 Td (552,452)Tj ET 0.5 w q 1 0 0 1 269.2911 404.1609 cm 0 0 m 53.858 0 l S Q BT 0 Tc 0 Tw 9.45 0 0 10.5 317.3698 405.2444 Tm ( )Tj ET q 1 0 0 1 334.488 404.1609 cm 0 0 m 53.858 0 l S Q BT 9.45 0 0 10.5 382.5667 405.2444 Tm ( )Tj ET q 1 0 0 1 399.6848 404.1609 cm 0 0 m 53.858 0 l S Q BT 9.45 0 0 10.5 447.7635 405.2444 Tm ( )Tj ET q 1 0 0 1 464.8817 404.1609 cm 0 0 m 53.858 0 l S Q BT 9.45 0 0 10.5 512.9604 405.2444 Tm ( )Tj 0.028 Tc -0.028 Tw -25.34 -3.048 Td (18,423,999)Tj 7.483 0 Td (7,314,115)Tj 7.789 0 Td (649,809)Tj 5.426 0 Td (26,387,923)Tj ET 2.5 w q 1 0 0 1 269.2911 367.9973 cm 0 0 m 53.858 0 l S Q 0.835 w q 1 0 0 1 269.2911 364.6648 cm 0 0 m 53.858 0 l S Q BT 0 Tc 0 Tw 10.5 0 0 10.5 316.7276 365.5808 Tm ( )Tj ET 2.5 w q 1 0 0 1 334.488 367.9973 cm 0 0 m 53.858 0 l S Q 0.835 w q 1 0 0 1 334.488 364.6648 cm 0 0 m 53.858 0 l S Q BT 10.5 0 0 10.5 381.9245 365.5808 Tm ( )Tj ET 2.5 w q 1 0 0 1 399.6848 367.9973 cm 0 0 m 53.858 0 l S Q 0.835 w q 1 0 0 1 399.6848 364.6648 cm 0 0 m 53.858 0 l S Q BT 10.5 0 0 10.5 447.1213 365.5808 Tm ( )Tj ET 2.5 w q 1 0 0 1 464.8817 367.9973 cm 0 0 m 53.858 0 l S Q 0.835 w q 1 0 0 1 464.8817 364.6648 cm 0 0 m 53.858 0 l S Q BT 10.5 0 0 10.5 512.3182 365.5808 Tm ( )Tj 0 0 0 1 k /GS1 gs 0.028 Tc 9.45 0 0 10.5 127.5589 333.5808 Tm (Geographic market)Tj /T1_2 1 Tf T* (Mainland China)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 15.443 0 Td (17,824,280)Tj 7.483 0 Td (7,314,115)Tj 7.789 0 Td (649,809)Tj 5.426 0 Td (25,788,204)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf -36.141 -1.524 Td (Canada)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 16.917 0 Td (209,237)Tj 0 Tc 0 Tw 10.124 0 Td (\226)Tj 6.899 0 Td (\226)Tj 0.028 Tc -0.028 Tw 3.674 0 Td (209,237)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0 Tw -37.614 -1.524 Td (South Africa)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 16.917 0 Td (390,482)Tj 0 Tc 0 Tw 10.124 0 Td (\226)Tj 6.899 0 Td (\226)Tj 0.028 Tc -0.028 Tw 3.674 0 Td (390,482)Tj ET 0.5 w q 1 0 0 1 269.2911 281.4883 cm 0 0 m 53.858 0 l S Q BT 0 Tc 0 Tw 10.5 0 0 10.5 316.7276 282.5718 Tm ( )Tj ET q 1 0 0 1 334.488 281.4883 cm 0 0 m 53.858 0 l S Q BT 10.5 0 0 10.5 381.9245 282.5718 Tm ( )Tj ET q 1 0 0 1 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There are many trans\actions )Tj 0.045 Tc 0.078 Tw T* [(and)13.9 ( calculations)13.8 ( for)13.9 ( which)13.9 ( the)13.9 ( ultimate)13.9 ( tax)13.9 ( determination)13.9 ( is)13.9 ( uncertain)13.9 ( during)17.2 ( )]TJ 0.029 Tc 0.091 Tw T* [(the)1.2 ( )0.5 (ordinary)1.2 ( )0.5 (course)1.2 ( of)1.2 ( business)1.2 (.)1.2 ( )0.5 (Where)1.2 ( )0.5 (the)1.2 ( final)1.2 ( )0.5 (tax)1.2 ( outcome)1.3 ( of)1.2 ( )0.5 (these)1.2 ( )0.5 (matters)1.2 ( )]TJ 0.046 Tc 0.078 Tw T* [(is)13.8 ( different)13.9 ( from)13.8 ( the)13.8 ( amounts)13.8 ( originally)13.8 ( recorded)13.8 (,)13.8 ( the)13.8 ( differences)13.8 ( will)13.8 ( impact)18.3 ( )]TJ 0.028 Tc 0.053 Tw T* (on the current income tax and deferred income tax provisions in the peri\ods in )Tj 0 Tw T* (which the differences arise.)Tj ET endstreamendobj679 0 obj<>endobj668 0 obj<>/ExtGState<>/Font<>/ProcSet[/PDF/Text]/XObject<>>>/TrimBox[0.0 0.0 595.276 807.874]/Type/Page>>endobj669 0 obj<>/ExtGState<>/Font<>/ProcSet[/PDF/Text]/XObject<>>>/TrimBox[0.0 0.0 595.276 807.874]/Type/Page>>endobj670 0 obj<>/ExtGState<>/Font<>/ProcSet[/PDF/Text]/XObject<>>>/TrimBox[0.0 0.0 595.276 807.874]/Type/Page>>endobj671 0 obj<>/ExtGState<>/Font<>/ProcSet[/PDF/Text]/XObject<>>>/TrimBox[0.0 0.0 595.276 807.874]/Type/Page>>endobj672 0 obj<>/ExtGState<>/Font<>/ProcSet[/PDF/Text]/XObject<>>>/TrimBox[0.0 0.0 595.276 807.874]/Type/Page>>endobj696 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 536.9537 33.8036 Tm (269)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0.063 Tc 0.078 Tw 14 0 0 14 70.8661 670.2631 Tm [(4)35.2 ( )-1021.9 (CRITICAL)13.4 ( ACCOUNTING)13.5 ( JUDGEMENTS)13.5 ( AND)13.5 ( ESTIMATES)35.2 ( )]TJ 0.108 Tc 2.025 -1.357 Td [(IN)14.3 ( )0.5 (APPLYING)14.3 ( )0.5 (THE)14.3 ( )0.5 (GROUP)14.3 (\222)14.2 (S)14.3 ( )0.6 (ACCOUNTING)14.2 ( )0.6 (POLICIES)80.2 ( )]TJ 0.028 Tc -0.028 Tw 0 -1.357 TD (\(Continued\))Tj 0 0 0 0.8 k 0 Tw 11.5 0 0 11.5 99.2126 598.2631 Tm [(\(b\) )-798.5 (Impairment losses of non-current assets)]TJ 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.045 Tc 0.078 Tw 10.5 0 0 10.5 127.5591 566.2631 Tm [(In)13.5 ( considering)13.6 ( the)13.5 ( impairment)13.5 ( losses)13.5 ( that)13.5 ( may)13.5 ( be)13.5 ( required)13.5 ( for)13.5 ( certain)13.5 ( of)13.5 ( the)17.2 ( )]TJ 0.071 Tc 0 -1.524 TD [(Group)14.2 (\222)14.1 (s)14.1 ( assets)14.1 ( which)14.1 ( include)14.1 ( property)14.1 (,)14.1 ( plant)14.1 ( and)14.1 ( equipment)14.1 (,)14.1 ( investment)43.2 ( )]TJ 0.032 Tc 0.088 Tw T* [(properties)4.2 (,)4.2 ( lease)4.2 ( )0.5 (prepayments)4.1 (,)4.3 ( intangible)4.2 ( )0.5 (assets)4.2 (,)4.2 ( )0.5 (goodwill)4.2 ( )0.5 (and)4.2 ( )0.5 (investments)4.2 ( in)4.2 ( )]TJ 0.028 Tc 0.034 Tw T* (associates and joint ventures, the recoverable amount of the asset needs\ to be )Tj 0.09 Tw T* (determined. The recoverable amount is the greater of the fair value less\ costs )Tj 0.07 Tw T* (to sell and the value in use. It is difficult to precisely estimate the \selling price )Tj 0.039 Tc 0.081 Tw T* [(beca)0.5 (use)11.2 ( )0.5 (quoted)11.2 ( )0.5 (mark)0.5 (et)11.2 ( p)0.5 (rice)0.5 (s)11.1 ( )0.5 (for)11.2 ( )0.5 (thes)0.5 (e)11.2 ( ass)0.5 (ets)11.2 ( m)0.5 (ay)11.2 ( n)0.5 (ot)11.2 ( be)11.2 ( )0.5 (read)0.5 (ily)11.2 ( )0.5 (avai)0.5 (labl)0.5 (e)11.2 (.)11.2 ( )]TJ 0.038 Tc 0.082 Tw T* [(In)10.2 ( determining)10.1 ( )0.5 (the)10.2 ( value)10.2 ( in)10.2 ( )0.5 (use)10.2 ( for)10.2 ( each)10.2 ( )0.5 (smallest)10.2 ( identifiable)10.2 ( group)10.2 ( of)10.2 ( )0.5 (assets)10.2 ( )]TJ 0.028 Tc 0.025 Tw T* (that generate independent cash flows \(\223CGU\224\), expected cash flow\s generated )Tj 0.086 Tw T* (by each CGU are discounted to their present value, which requires signif\icant )Tj 0.051 Tw T* (judgement relating to items such as future sales volumes, future on-grid\ tariffs, )Tj 0.072 Tc 0.078 Tw 0 -1.524 TD [(future)14.2 ( )0.5 (capital)14.2 ( )0.5 (expenditure)14.2 (,)14.2 ( )0.5 (future)14.2 ( operating)14.2 ( costs)14.2 ( )0.5 (and)14.1 ( )0.5 (the)14.1 ( )0.5 (discount)14.2 ( )0.5 (rates)44.2 ( )]TJ 0.053 Tc 0 -1.524 TD [(applied)13.7 (.)13.7 ( The)13.7 ( Group)13.7 ( uses)13.7 ( all)13.7 ( readily)13.7 ( available)13.7 ( information)13.7 ( in)13.6 ( determining)13.7 ( an)25.2 ( )]TJ 0.028 Tc 0.09 Tw T* [(amount )0.5 (that is reasonable )0.5 (approximation )0.5 (of the recoverable amount, )0.5 (including )]TJ 0.031 Tc 0.089 Tw T* [(estimates)3.2 ( based)3.2 ( )0.5 (on)3.2 ( reasonable)3.2 ( )0.5 (and)3.2 ( )0.5 (supportable)3.2 ( )0.5 (assumptions)3.2 ( )0.5 (and)3.2 ( )0.5 (projections)3.2 ( )]TJ 0.062 Tc 0.078 Tw T* [(of)14.1 ( )0.5 (items)14.2 ( such)14.1 ( )0.5 (as)14.1 ( )0.5 (future)14.1 ( )0.5 (sales)14.2 ( volumes)14.2 (,)14.1 ( )0.5 (future)14.2 ( on)14.1 (-)14.2 (grid)14.2 ( tariffs)14.2 (,)14.1 ( )0.5 (future)14.2 ( capital)34.2 ( )]TJ 0.028 Tc 0 Tw T* (expenditure, future operating costs and the discount rates applied.)Tj 0 0 0 0.8 k /GS0 gs /T1_1 1 Tf 11.5 0 0 11.5 99.2126 276.2631 Tm [(\(c\) )-853.5 (Fair value of unlisted equity investments)]TJ 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.042 Tc 0.078 Tw 10.5 0 0 10.5 127.5591 244.2631 Tm [(The)13.6 ( unlisted)13.6 ( equity)13.6 ( investments)13.6 ( have)13.6 ( been)13.6 ( valued)13.6 ( based)13.7 ( on)13.6 ( a)13.6 ( market)13.6 (-)13.6 (based)14.2 ( )]TJ 0.039 Tc 0.081 Tw T* [(valuation)11.2 ( )0.5 (technique)11.2 ( as)11.2 ( detailed)11.2 ( )0.5 (in)11.2 ( )0.5 (note)11.2 ( )0.5 (3)11.2 (7)11.2 (\()11.2 (g)11.2 (\))11.2 ( to)11.2 ( )0.5 (the)11.3 ( financial)11.2 ( )0.5 (statements)11.2 (.)11.2 ( )0.5 (The)11.2 ( )]TJ 0.041 Tc 0.079 Tw T* [(valuation)13.2 ( requires)13.2 ( the)13.2 ( )0.5 (Group)13.2 ( )0.5 (to)13.2 ( determine)13.2 ( the)13.2 ( )0.5 (comparable)13.2 ( public)13.2 ( )0.5 (companies)13.2 ( )]TJ 0.036 Tc 0.084 Tw T* [(\()8.2 (p)0.5 (e)0.5 (e)0.5 (r)0.5 (s)8.2 (\))8.2 ( )0.5 (a)0.5 (n)0.5 (d)8.2 ( )0.5 (s)0.5 (e)0.5 (l)0.5 (e)0.5 (c)0.5 (t)8.2 ( t)0.6 (he)8.3 ( p)0.5 (r)0.5 (i)0.5 (c)0.6 (e)8.1 ( )0.5 (m)0.5 (u)0.5 (l)0.5 (t)0.5 (i)0.6 (p)0.5 (l)0.5 (e)8.2 (.)8.2 ( I)0.5 (n)8.2 ( )0.5 (a)0.5 (d)0.5 (d)0.5 (i)0.5 (t)0.5 (i)0.6 (o)0.5 (n)8.1 (,)8.3 ( t)0.5 (h)0.5 (e)8.2 ( )0.5 (G)0.5 (r)0.5 (o)0.5 (u)0.5 (p)8.2 ( )0.5 (m)0.5 (a)0.5 (k)0.5 (e)0.5 (s)8.2 ( e)0.5 (s)0.5 (t)0.5 (i)0.6 (m)0.5 (a)0.5 (t)0.5 (e)0.5 (s)8.2 ( )]TJ 0.028 Tc 0.081 Tw T* (about the discount for illiquidity and size differences. The Group class\ifies the )Tj 0.087 Tw T* (fair value of these investments as Level 2. Further details are included\ in note )Tj 0 Tw T* (37\(g\) to the financial statements.)Tj ET endstreamendobj697 0 obj<>endobj694 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 37.6388 33.8036 Tm (268)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0.063 Tc 0.078 Tw 14 0 0 14 70.8661 670.2631 Tm [(4)35.2 ( )-1021.9 (CRITICAL)13.4 ( ACCOUNTING)13.5 ( JUDGEMENTS)13.5 ( AND)13.5 ( ESTIMATES)35.2 ( )]TJ 0.108 Tc 2.025 -1.357 Td [(IN)14.3 ( )0.5 (APPLYING)14.3 ( )0.5 (THE)14.3 ( )0.5 (GROUP)14.3 (\222)14.2 (S)14.3 ( )0.6 (ACCOUNTING)14.2 ( )0.6 (POLICIES)80.2 ( )]TJ 0.028 Tc -0.028 Tw 0 -1.357 TD (\(Continued\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.081 Tw 10.5 0 0 10.5 99.2126 600.2631 Tm (The selection of critical accounting policies, the judgements and other \uncertainties )Tj 0.065 Tc 0.078 Tw 0 -1.524 TD [(affecting)13.7 ( application)13.8 ( of)13.8 ( those)13.8 ( policies)13.8 ( and)13.8 ( the)13.8 ( sensitivity)13.7 ( of)13.7 ( reported)13.7 ( results)13.7 ( to)37.2 ( )]TJ 0.028 Tc 0.028 Tw T* (changes in conditions and assumptions are factors to be considered when \reviewing )Tj 0.062 Tc 0.078 Tw T* [(the)13.9 ( financial)14 ( statements)14 (.)13.9 ( The)14 ( principal)13.9 ( accounting)14 ( policies)13.9 ( are)14 ( set)14 ( forth)13.9 ( in)14 ( note)34.2 ( )]TJ 0.06 Tc T* [(2)14 (.)14 ( The)14 ( Group)14 ( believes)14 ( that)14 ( the)14 ( following)14 ( critical)14.1 ( accounting)14 ( policies)14 ( involve)14 ( the)32.2 ( )]TJ 0.039 Tc 0.081 Tw T* [(most)11.2 ( )0.5 (significant)11.2 ( judgements)11.2 ( and)11.2 ( )0.5 (estimates)11.2 ( )0.5 (used)11.2 ( )0.5 (in)11.2 ( )0.5 (the)11.2 ( )0.5 (preparation)11.2 ( )0.5 (of)11.2 ( )0.5 (the)11.2 ( financial)11.2 ( )]TJ 0.028 Tc -0.028 Tw T* (statements.)Tj 0 0 0 0.8 k /GS0 gs /T1_1 1 Tf 0 Tw 11.5 0 0 11.5 99.2126 470.2631 Tm [(\(a\) )-853.5 (Provision for expected credit losses on receivables)]TJ 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.023 Tc 10.5 0 0 10.5 127.5591 438.2631 Tm [(The Group makes provision for impairment of receivables based on assumpt\ions)-4.8 ( )]TJ 0.06 Tc 0.078 Tw T* [(about)13.9 ( risk)13.8 ( of)13.8 ( default)13.8 ( and)13.9 ( expected)13.9 ( loss)13.9 ( rates)13.9 ( \()13.9 (Note)13.9 ( 2)13.9 (\()13.9 (q)13.9 (\))13.9 (\))13.9 (.)13.8 ( The)13.9 ( Group)13.9 ( uses)32.2 ( )]TJ 0.078 Tc T* [(judgement)13.9 ( in)13.8 ( making)13.8 ( these)13.8 ( assumptions)13.8 ( and)13.8 ( selecting)13.8 ( the)13.9 ( inputs)13.8 ( to)13.8 ( the)50.2 ( )]TJ 0.056 Tc T* [(impairment)13.7 ( calculation)13.7 (,)13.8 ( based)13.8 ( on)13.7 ( the)13.7 ( Group)13.7 (\222)13.8 (s)13.7 ( past)13.8 ( history)13.8 (,)13.8 ( existing)13.7 ( market)28.2 ( )]TJ 0.028 Tc 0 Tw T* (conditions as well as forward\226looking estimates at the balance sheet \date.)Tj ET endstreamendobj695 0 obj<>endobj692 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 536.9537 33.8036 Tm (267)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0.04 Tc 0.08 Tw 14 0 0 14 70.8661 670.2631 Tm [(3)12.2 ( )-1043 (CHANGES)12.2 ( )0.5 (IN)12.3 ( ACCOUNTING)12.1 ( )0.5 (POLICIES)12.2 ( )0.5 (AND)12.3 ( DISCLOSURES)12.2 ( )]TJ 0.028 Tc -0.028 Tw 2.025 -1.286 Td (\(Continued\))Tj 0 0 0 0.8 k 0.097 Tc 0.077 Tw 11.5 0 0 11.5 99.2126 620.2631 Tm [(\()69.2 (b)69.2 (\))69.2 ( )-652.5 (I)0.5 (ss)0.5 (u)0.5 (ed)14.4 ( b)0.5 (u)0.5 (t)14.4 ( n)0.5 (o)0.5 (t)14.3 ( ye)0.5 (t)14.4 ( e)0.5 (ff)0.5 (e)0.5 (c)0.5 (ti)0.5 (v)0.5 (e)14.3 ( in)0.5 (t)0.5 (e)0.5 (rn)0.5 (a)0.5 (t)0.5 (io)0.5 (n)0.5 (a)0.5 (l)14.3 ( fi)0.5 (n)0.5 (a)0.5 (nc)0.5 (i)0.5 (al)14.4 ( r)0.5 (e)0.5 (p)0.5 (or)0.5 (t)0.5 (in)0.5 (g)69.2 ( )]TJ 0.028 Tc 0 Tw 2.465 -1.478 Td (standards \(Continued\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.043 Tc 0.077 Tw 10.5 0 0 10.5 127.5591 573.2631 Tm [(Dur)0.5 (ing)14.3 ( 2)14.3 (0)14.3 (1)14.3 (8)14.3 (,)14.3 ( the)14.3 ( Gro)0.5 (up)14.3 ( has)14.3 ( perfor)0.5 (med)14.3 ( a)14.3 ( d)0.5 (etaile)0.5 (d)14.3 ( a)0.5 (ssessme)0.5 (nt)14.3 ( o)0.5 (n)14.3 ( th)0.5 (e)14.3 ( i)0.5 (mpact)15.2 ( )]TJ 0.049 Tc 0.078 Tw 0 -1.429 TD [(of)13.6 ( adoption)13.6 ( of)13.6 ( IFRS)13.6 ( 1)13.6 (6)13.5 (.)13.6 ( The)13.5 ( Group)13.5 ( has)13.6 ( estimated)13.6 ( that)13.6 ( right)13.6 (-)13.6 (of)13.6 (-)13.5 (use)13.6 ( assets)13.5 ( of)21.2 ( )]TJ 0.047 Tc T* [(RMB)13.9 (9)14 (2)13.9 (,)13.9 (8)14 (5)13.9 (7)13.9 (,)14 (0)13.9 (0)14 (0)13.9 ( and)13.9 ( lease)13.9 ( liabilities)13.9 ( of)13.9 ( RMB)13.9 (9)14 (2)13.9 (,)13.9 (8)14 (5)13.9 (7)13.9 (,)14 (0)13.9 (0)14 (0)13.9 ( will)13.9 ( be)13.9 ( recognised)13.9 ( at)19.2 ( )]TJ 0.056 Tc T* [(1)14 ( January)13.9 ( 2)14 (0)13.9 (1)14 (9)13.9 (.)14 ( The)13.9 ( rental)14 ( expense)13.9 ( of)13.9 ( Longyuan)13.9 ( South)14 ( Africa)13.9 ( Renewables)28.2 ( )]TJ 0.028 Tc 0.063 Tw 0 -1.429 TD (Proprietary Limited,the Croup\222s subsidiary in South Africa,was 1.75%\226\2.00% of )Tj 0 Tw 0 -1.429 TD (the electricity revenue of the year.)Tj /CS1 cs 0.3 1 scn /GS0 gs /T1_1 1 Tf 0.085 Tw 14 0 0 14 70.8661 465.2631 Tm [(4 )-1049.9 (CRITICAL ACCOUNTING JUDGEMENTS AND ESTIMATES IN )]TJ 0 Tw 2.025 -1.286 Td (APPLYING THE GROUP\222S ACCOUNTING POLICIES)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.058 Tw 10.5 0 0 10.5 99.2126 417.2631 Tm (The Group\222s financial condition and results of operations are sensiti\ve to accounting )Tj 0.043 Tc 0.078 Tw T* [(methods)13.6 (,)13.5 ( assumptions)13.6 ( and)13.6 ( estimates)13.6 ( that)13.6 ( underlie)13.6 ( the)13.6 ( preparation)13.6 ( of)13.5 ( the)13.6 ( financial)15.2 ( )]TJ 0.027 Tc 0 Tw T* [(s)0.5 (t)0.5 (a)0.5 (t)0.5 (e)0.5 (m)0.5 (e)0.5 (n)0.5 (t)0.5 (s)0.5 (.)0.5 ( )0.5 (T)0.5 (h)0.5 (e)0.5 ( )0.5 (G)0.5 (r)0.5 (o)0.5 (u)0.5 (p)0.5 ( )0.5 (b)0.5 (a)0.5 (s)0.5 (e)0.5 (s)0.5 ( )0.5 (t)0.5 (h)0.5 (e)0.5 ( )0.5 (as)0.6 (s)0.5 (u)0.5 (m)0.5 (p)0.5 (t)0.5 (i)0.5 (o)0.5 (n)0.5 (s)0.5 ( )0.5 (a)0.5 (n)0.5 (d)0.5 ( e)0.6 (s)0.5 (ti)0.6 (m)0.5 (a)0.5 (t)0.5 (e)0.5 (s)0.5 ( )0.5 (o)0.5 (n)0.5 ( h)0.5 (i)0.6 (s)0.5 (t)0.5 (or)0.6 (i)0.5 (c)0.5 (a)0.5 (l)0.5 ( )0.5 (e)0.5 (x)0.5 (p)0.5 (e)0.5 (r)0.5 (i)0.5 (e)0.5 (n)0.5 (c)0.5 (e)-0.8 ( )]TJ 0.053 Tc 0.078 Tw T* [(and)13.7 ( on)13.6 ( various)13.7 ( other)13.7 ( assumptions)13.6 ( that)13.7 ( the)13.7 ( Group)13.7 ( believes)13.6 ( to)13.7 ( be)13.6 ( reasonable)13.7 ( and)25.2 ( )]TJ 0.064 Tc 0 -1.429 TD [(which)13.7 ( form)13.7 ( the)13.6 ( basis)13.7 ( for)13.7 ( making)13.7 ( judgements)13.7 ( about)13.7 ( matters)13.6 ( that)13.7 ( are)13.7 ( not)13.6 ( readily)36.2 ( )]TJ 0.068 Tc 0 -1.429 TD [(apparent)13.7 ( from)13.7 ( other)13.7 ( sources)13.7 (.)13.6 ( On)13.7 ( an)13.7 ( ongoing)13.7 ( basis)13.7 (,)13.6 ( management)13.7 ( evaluates)13.7 ( its)40.2 ( )]TJ 0.028 Tc 0.008 Tw T* (estimates. Actual results may differ from those estimates as facts, circ\umstances and )Tj 0 Tw T* (conditions change.)Tj ET endstreamendobj693 0 obj<>endobj690 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 37.6388 33.8036 Tm (266)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT 0 0 0 1 k /GS1 gs /T1_1 1 Tf 0.033 Tw 10.5 0 0 10.5 127.5591 572.2428 Tm (right-of-use asset. Lessees will also be required to remeasure the lease\ liability )Tj 0.031 Tc 0.089 Tw 0 -1.524 TD [(upon)3.2 ( )0.5 (the)3.2 ( )0.5 (occurrence)3.2 ( )0.5 (of)3.2 ( )0.5 (certain)3.2 ( )0.5 (events)3.2 (,)3.2 ( )0.5 (such)3.2 ( )0.5 (as)3.2 ( change)3.2 ( )0.5 (in)3.2 ( )0.5 (the)3.2 ( )0.5 (lease)3.3 ( term)3.2 ( )0.5 (and)3.2 ( )]TJ 0.018 Tc 0 Tw T* [(change in future lease payments resulting from a change in an index or r\ate used)-9.7 ( )]TJ 0.035 Tc 0.085 Tw T* [(to)7.2 ( determine)7.2 ( )0.5 (those)7.2 ( )0.5 (payments)7.2 (.)7.2 ( )0.5 (Lessees)7.2 ( )0.5 (will)7.2 ( )0.5 (generally)7.2 ( )0.5 (recognise)7.2 ( the)7.2 ( amount)7.2 ( )0.5 (of)7.2 ( )]TJ 0.047 Tc 0.078 Tw T* [(the)13.8 ( remeasurement)13.8 ( of)13.8 ( the)13.8 ( lease)13.8 ( liability)13.8 ( as)13.8 ( an)13.8 ( adjustment)13.8 ( to)13.8 ( the)13.8 ( right)13.8 (-)13.8 (of)13.8 (-)13.8 (use)19.2 ( )]TJ 0.043 Tc T* [(asset)14.3 (.)14.3 ( )0.5 (Lessor)14.2 ( )0.5 (accounting)14.2 ( )0.6 (under)14.3 ( )0.5 (IFRS)14.2 ( )0.6 (1)14.2 (6)14.3 ( )0.5 (is)14.2 ( )0.5 (substantially)14.2 ( )0.6 (unchanged)14.3 ( )0.5 (from)14.3 ( )0.5 (the)15.2 ( )]TJ 0.028 Tc 0.092 Tw T* [(accounting under IAS )0.5 (17. Lessors )0.5 (will )0.5 (continue to )0.5 (classify all )0.5 (leases )0.5 (using )0.5 (the )]TJ 0.041 Tc 0.079 Tw T* [(same)13.2 ( classification)13.2 ( principle)13.2 ( )0.5 (as)13.2 ( )0.5 (in)13.2 ( )0.5 (IAS)13.2 ( )0.5 (1)13.2 (7)13.2 ( and)13.2 ( )0.5 (distinguish)13.2 ( between)13.2 ( operating)13.2 ( )]TJ 0.028 Tc 0.049 Tw T* [(leases and finance leases. IFRS 16 requires lessees and lessors to make \)0.5 (more )]TJ 0.054 Tc 0.078 Tw T* [(extensive)14.1 ( disclosures)14.1 ( than)14 ( under)14.1 ( IAS)14 ( 1)14 (7)14 (.)14 ( Lessees)14 ( can)14 ( choose)14 ( to)14 ( apply)14 ( the)26.2 ( )]TJ 0.028 Tc 0.042 Tw T* (standard using either a full retrospective or a modified retrospective a\pproach. )Tj 0.081 Tw T* (The Group will adopt IFRS 16 from 1 January 2019. 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6.1215 0 1.6403 6.1215 509.6889 315.4631 Tm (1)Tj 0.028 Tc 10.5 0 0 10.5 127.5591 295.2631 Tm (Annual Improvements )Tj 0 Tc ( )Tj 0.028 Tc 0.918 -1.524 Td (2015\2262017 Cycle)Tj 0.063 Tc 0.078 Tw 16.36 1.524 Td [(Amendments)13.4 ( to)13.4 ( IFRS)13.5 ( 3)13.5 (,)13.4 ( IFRS)13.5 ( 1)13.5 (1)13.5 (,)13.4 ( IAS)13.5 ( 1)13.5 (2)35.2 ( )]TJ 0.028 Tc 0 Tw 0.999 -1.524 Td (and IAS 23)Tj 0 Tc 6.1215 0 0 6.1215 374.3268 283.4631 Tm (1)Tj 5.5385 0 0 5.5385 127.559 255.3966 Tm (1)Tj 0.028 Tc 9.5 0 0 9.5 130.7924 251.5966 Tm [( )-2337.5 (Effective for annual periods beginning on or after 1 January 2019)]TJ 0 Tc 5.5385 0 0 5.5385 127.559 242.3966 Tm (2)Tj 0.028 Tc 9.5 0 0 9.5 130.7924 238.5966 Tm [( )-2337.5 (Effective for annual periods beginning on or after 1 January 2020)]TJ 0 Tc 5.5385 0 0 5.5385 127.559 229.3966 Tm (3)Tj 0.028 Tc 9.5 0 0 9.5 130.7924 225.5966 Tm [( )-2337.5 (Effective for annual periods beginning on or after 1 January 2021)]TJ 0 Tc 5.5385 0 0 5.5385 127.559 216.3966 Tm (4)Tj 0.028 Tc 9.5 0 0 9.5 130.7924 212.5966 Tm [( )-2337.5 (No mandatory effective date yet determined but available for adoption)]TJ ET endstreamendobj707 0 obj<>endobj704 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 536.9537 33.8036 Tm (263)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0.04 Tc 0.08 Tw 14 0 0 14 70.8661 670.2631 Tm [(3)12.2 ( )-1043 (CHANGES)12.2 ( )0.5 (IN)12.3 ( ACCOUNTING)12.1 ( )0.5 (POLICIES)12.2 ( )0.5 (AND)12.3 ( DISCLOSURES)12.2 ( )]TJ 0.028 Tc -0.028 Tw 2.025 -1.357 Td (\(Continued\))Tj 0 0 0 0.8 k 0 Tw 11.5 0 0 11.5 99.2126 615.2631 Tm [(\(a\) )-853.5 (Changes in accounting policies and disclosures \(Continued\))]TJ 0 0 0 1 k /GS1 gs 0.006 Tw 10.5 0 0 10.5 127.5591 583.2631 Tm [(b. )-1443.1 (IFRS 15 Revenue from Contracts with Customers and its amendments )]TJ -0.028 Tw 2.7 -1.524 Td (\(Continued\))Tj /T1_2 1 Tf 0 Tw 0 -3.048 TD [(\(ii\) )-1172.5 (Coal trading)]TJ 0.067 Tc 0.077 Tw 2.7 -3.048 Td [(Determining)14.3 ( whether)14.3 ( coal)14.4 ( trading)14.3 ( revenue)14.3 ( of)14.3 ( the)14.3 ( Group)14.3 ( should)39.2 ( )]TJ 0.045 Tc 0.078 Tw 0 -1.524 TD [(be)13.8 ( reported)13.9 ( gross)13.9 ( or)13.8 ( net)13.8 ( is)13.9 ( based)13.8 ( on)13.9 ( a)13.8 ( continuing)13.8 ( assessment)13.9 ( of)17.2 ( )]TJ 0.028 Tc 0.092 Tw T* [(various factors. Since )0.5 (the Group )0.5 (has sole discretion )0.5 (in determining )]TJ 0.06 Tc 0.077 Tw T* [(the)14.4 ( p)0.5 (rici)0.5 (ng)14.3 (,)14.3 ( take)0.5 (s)14.3 ( full)14.4 ( r)0.5 (espon)0.5 (sibi)0.5 (lity)14.4 ( o)0.5 (f)14.3 ( t)0.5 (he)14.3 ( good)14.4 ( p)0.5 (rovi)0.5 (ded)14.3 ( to)14.3 ( the)32.3 ( )]TJ 0.033 Tc 0.087 Tw T* [(customers)5.2 (,)5.2 ( )0.5 (and)5.2 ( )0.5 (also)5.2 ( )0.5 (is)5.3 ( responsible)5.2 ( )0.5 (for)5.2 ( )0.5 (the)5.2 ( )0.5 (risk)5.2 ( )0.5 (associated)5.2 ( )0.5 (with)5.2 ( )0.5 (the)5.2 ( )]TJ 0.028 Tc 0.038 Tw T* (goods before change of control over the goods, and the customers\222 )Tj 0.044 Tc 0.078 Tw 0 -1.524 TD [(complaints)13.8 ( and)13.8 ( requests)13.8 (,)13.8 ( the)13.8 ( Group)13.8 ( considers)13.8 ( that)13.8 ( it)13.8 ( controls)13.8 ( the)16.2 ( )]TJ 0.028 Tc 0.072 Tw 0 -1.524 TD (specified goods before their delivery to its customers. Accordingly, )Tj 0 Tw T* (the Group recognises revenue on the gross basis.)Tj -2.7 -3.048 Td [(\(iii\) )-922.8 (Presentation and disclosure requirements)]TJ 0.045 Tw 2.7 -3.048 Td (Note 5 has included the disclosures on disaggregated revenue and )Tj 0 Tw T* (other disclosures required under IFRS15.)Tj ET endstreamendobj705 0 obj<>endobj702 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 37.6388 33.8036 Tm (262)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0.04 Tc 0.08 Tw 14 0 0 14 70.8661 670.2631 Tm [(3)12.2 ( )-1043 (CHANGES)12.2 ( )0.5 (IN)12.3 ( ACCOUNTING)12.1 ( )0.5 (POLICIES)12.2 ( )0.5 (AND)12.3 ( DISCLOSURES)12.2 ( )]TJ 0.028 Tc -0.028 Tw 2.025 -1.321 Td (\(Continued\))Tj 0 0 0 0.8 k 0 Tw 11.5 0 0 11.5 99.2126 618.7631 Tm [(\(a\) )-853.5 (Changes in accounting policies and disclosures \(Continued\))]TJ 0 0 0 1 k /GS1 gs 10.5 0 0 10.5 127.5591 587.7631 Tm [(b. )-1449.1 (IFRS 15 Revenue from Contracts with Customers and its amendments)]TJ /T1_2 1 Tf 0.066 Tw 2.7 -2.952 Td (IFRS 15 supersedes IAS 18 Revenue and IAS 11 Construction Contracts. )Tj 0 -1.476 TD (IFRS 15 establishes a comprehensive framework for recognising revenue )Tj 0.063 Tc 0.078 Tw T* [(from)14 ( contracts)14 ( with)14.1 ( customers)14.1 (.)14 ( The)14 ( new)14 ( standard)14.1 ( establishes)14 ( a)14.1 ( five)14 (-)]TJ 0.028 Tc 0.05 Tw T* [(step model to account )0.5 (for revenue arising from contracts with customers. )]TJ 0.062 Tc 0.078 Tw T* [(Under)14.2 ( )0.5 (IFRS)14.2 ( 1)14.2 (5)14.2 (,)14.2 ( )0.5 (revenue)14.2 ( is)14.2 ( )0.5 (recognised)14.2 ( )0.5 (at)14.2 ( )0.5 (an)14.2 ( )0.5 (amount)14.2 ( )0.5 (that)14.2 ( reflects)14.2 ( )0.5 (the)34.2 ( )]TJ 0.044 Tc T* [(consideration)13.6 ( to)13.7 ( which)13.6 ( an)13.6 ( entity)13.7 ( expects)13.6 ( to)13.6 ( be)13.6 ( entitled)13.6 ( in)13.6 ( exchange)13.6 ( for)16.2 ( )]TJ 0.028 Tc 0 Tw T* (transferring goods or services to a customer.)Tj 0.036 Tw 0 -2.952 TD (The Group has adopted IFRS 15 using the modified retrospective method )Tj 0.043 Tc 0.078 Tw 0 -1.476 TD [(to)14.2 ( all)14.2 ( )0.5 (contracts)14.2 ( )0.5 (that)14.2 ( )0.5 (are)14.2 ( not)14.2 ( completed)14.2 ( at)14.2 ( )0.5 (the)14.2 ( date)14.2 ( of)14.2 ( )0.5 (initial)14.2 ( application)14.2 (.)15.2 ( )]TJ 0.028 Tc 0.049 Tw 0 -1.476 TD (The Group concluded that the transitional adjustment made on 1 January )Tj 0.049 Tc 0.078 Tw T* [(2)14.1 (0)14 (1)14.1 (8)14 ( to)14 ( retained)14 ( earnings)14.1 ( upon)14.1 ( initial)14.1 ( adoption)14 ( of)14 ( IFRS)14.1 ( 1)14.1 (5)14 ( was)14.1 ( nil)14.1 ( and)21.2 ( )]TJ 0.048 Tc T* [(the)13.5 ( comparative)13.6 ( information)13.5 ( was)13.5 ( not)13.6 ( restated)13.5 (.)13.5 ( It)13.6 ( is)13.5 ( because)13.5 ( the)13.5 ( Group)20.2 ( )]TJ 0.052 Tc 0.077 Tw T* [(recognised)14.3 ( revenue)14.3 ( upon)14.3 ( the)14.3 ( transfer)14.3 ( of)14.3 ( significant)14.3 ( risks)14.3 ( and)14.3 ( rewards)24.2 ( )]TJ 0.04 Tc 0.08 Tw T* [(before)12.2 ( )0.5 (the)12.2 ( adoption)12.2 (,)12.2 ( which)12.2 ( )0.5 (coincides)12.2 ( )0.5 (with)12.2 ( the)12.2 ( fulfilment)12.2 ( )0.5 (of)12.2 ( )0.5 (performance)12.2 ( )]TJ 0.093 Tc 0.078 Tw T* [(obligations)13.6 (.)13.7 ( From)13.7 ( 1)13.6 ( January)13.6 ( 2)13.6 (0)13.6 (1)13.7 (8)13.6 (,)13.7 ( revenue)13.7 ( is)13.7 ( recognised)13.7 ( when)13.6 ( a)65.1 ( )]TJ 0.03 Tc 0.09 Tw T* [(customer)2.2 ( )0.5 (obtains)2.2 ( control)2.3 ( of)2.2 ( a)2.3 ( good)2.2 ( or)2.2 ( )0.5 (service)2.2 ( )0.5 (and)2.2 ( )0.5 (the)2.2 ( customer)2.2 ( )0.5 (has)2.2 ( )0.5 (the)2.2 ( )]TJ 0.028 Tc 0.066 Tw T* (ability to direct the use and obtain the benefits from the good or servi\ce. )Tj 0.047 Tc 0.078 Tw T* [(Additionally)14.1 (,)14.1 ( the)14.2 ( Group)14.1 (\222)14.2 (s)14.1 ( contracts)14.1 ( with)14.1 ( customers)14.1 ( )0.5 (generally)14.2 ( have)14.2 ( only)19.2 ( )]TJ 0.028 Tc 0 Tw T* (one performance obligation.)Tj 0.03 Tw 0 -2.952 TD (The Group\222s revenues are substantially generated from the wind and co\al )Tj 0 Tw 0 -1.476 TD (power sale, steam sale, coal trading and other related business.)Tj 0 -2.952 TD [(\(i\) )-1422.3 (Power and steam sale)]TJ 0.063 Tc 0.078 Tw 2.7 -2.952 Td [(The)13.7 ( Group)13.8 (\222)13.7 (s)13.8 ( contracts)13.8 ( with)13.7 ( customers)13.7 ( for)13.8 ( the)13.7 ( power)13.8 ( and)13.8 ( steam)35.2 ( )]TJ 0.033 Tc 0.087 Tw 0 -1.476 TD [(generation)5.3 ( and)5.2 ( )0.5 (sale)5.2 ( generally)5.2 ( )0.5 (include)5.2 ( )0.5 (one)5.2 ( )0.5 (performance)5.2 ( )0.5 (obligation)5.2 (.)5.2 ( )]TJ 0.086 Tc 0.077 Tw 0 -1.476 TD [(T)0.5 (h)0.5 (e)14.4 ( G)0.5 (r)0.5 (o)0.6 (u)0.5 (p)14.4 ( h)0.5 (a)0.5 (s)14.4 ( c)0.5 (o)0.5 (n)0.5 (c)0.5 (l)0.6 (u)0.5 (d)0.5 (e)0.5 (d)14.4 ( t)0.5 (h)0.5 (a)0.6 (t)14.4 ( t)0.5 (h)0.5 (e)14.4 ( p)0.5 (e)0.5 (r)0.5 (f)0.5 (o)0.6 (r)0.5 (m)0.5 (a)0.5 (n)0.5 (c)0.5 (e)14.5 ( o)0.5 (b)0.6 (l)0.5 (i)0.5 (g)0.5 (a)0.6 (t)0.5 (i)0.5 (o)0.5 (n)14.4 ( i)0.5 (s)58.2 ( )]TJ 0.028 Tc 0.07 Tw 0 -1.476 TD (satisfied at a point in time and revenue continues to be recognised )Tj 0.027 Tc 0 Tw T* [(upon transmission to the customers. The adoption of IFRS 15 did not)-0.8 ( )]TJ 0.028 Tc T* (have an impact on the amount of revenue recognised.)Tj ET endstreamendobj703 0 obj<>endobj700 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 536.9537 33.8036 Tm (261)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0.04 Tc 0.08 Tw 14 0 0 14 70.8661 670.2631 Tm [(3)12.2 ( )-1043 (CHANGES)12.2 ( )0.5 (IN)12.3 ( ACCOUNTING)12.1 ( )0.5 (POLICIES)12.2 ( )0.5 (AND)12.3 ( DISCLOSURES)12.2 ( )]TJ 0.028 Tc -0.028 Tw 2.025 -1.357 Td (\(Continued\))Tj 0 0 0 0.8 k 0 Tw 11.5 0 0 11.5 99.2126 617.2631 Tm [(\(a\) )-853.5 (Changes in accounting policies and disclosures \(Continued\))]TJ 0 0 0 1 k /GS1 gs 10.5 0 0 10.5 127.5591 585.2631 Tm [(a. )-1504.1 (IFRS 9 Financial Instruments \(Continued\))]TJ /T1_2 1 Tf 2.7 -3.048 Td [(\(i\) )-1422.3 (Classification and measurement \(Continued\))]TJ 0.064 Tc 0.078 Tw 2.7 -3.048 Td [(The)13.5 ( impact)13.5 ( on)13.5 ( the)13.6 ( Group)13.6 (\222)13.6 (s)13.5 ( equity)13.6 ( as)13.6 ( at)13.6 ( 1)13.6 ( January)13.5 ( 2)13.6 (0)13.6 (1)13.5 (8)13.6 ( was)13.6 ( as)36.2 ( )]TJ 0.028 Tc -0.028 Tw 0 -1.524 TD (follows:)Tj /T1_1 1 Tf 0 Tw 26.937 -2.81 Td (Fair value )Tj -0.028 Tw 1.194 -1.286 Td (reserve)Tj /T1_2 1 Tf 10.5 0 2.8135 10.5 473.3131 448.7631 Tm (RMB\222000)Tj ET /CS0 CS 1 SCN /GS0 gs q 1 0 0 1 184.252 443.9199 cm 0 0 m 255.118 0 l S Q BT /GS1 gs 0 Tc 0 Tw 10.5 0 0 10.5 184.252 444.7534 Tm ( )Tj ET /GS0 gs q 1 0 0 1 439.3701 443.9199 cm 0 0 m 85.039 0 l S Q BT /GS1 gs 10.5 0 0 10.5 439.3701 444.7534 Tm ( )Tj 0.028 Tc -24.297 -2.571 Td (Closing balance as at 31 December 2017 under )Tj 0.945 -1.286 Td (IAS 39)Tj -0.028 Tw 28.298 0 Td (9,006)Tj 0 Tw -29.243 -1.286 Td (Reclassification of investments from available-for-)Tj 0.945 -1.286 Td (sale to FVOCI)Tj -0.028 Tw 27.13 0 Td (192,914)Tj ET 0.5 w /GS0 gs q 1 0 0 1 445.0393 373.1609 cm 0 0 m 73.701 0 l S Q BT /GS1 gs 0 Tc 0 Tw 10.5 0 0 10.5 439.3701 374.2444 Tm ( )Tj 0.028 Tc -24.297 -2.571 Td (Opening balance as at 1 January 2018 under )Tj 0 Tc ( )Tj 0.028 Tc 0.945 -1.286 Td (IFRS 9)Tj -0.028 Tw 27.13 0 Td (201,920)Tj ET 2.5 w /GS0 gs q 1 0 0 1 445.0394 328.4973 cm 0 0 m 73.701 0 l S Q 0.835 w q 1 0 0 1 445.0394 325.1648 cm 0 0 m 73.701 0 l S Q BT /GS1 gs 0 Tc 0 Tw 10.5 0 0 10.5 439.3701 326.0808 Tm ( )Tj 0.028 Tc 1.173 Tw -26.997 -2.921 Td [(\(ii\) )0.5 (Impairment)]TJ 0.057 Tc 0.078 Tw 2.7 -3.048 Td [(IFRS)14.3 ( )0.5 (9)14.2 ( )0.5 (requires)14.3 ( )0.5 (an)14.2 ( )0.5 (entity)14.2 ( )0.5 (to)14.2 ( )0.5 (recognise)14.2 ( )0.5 (a)14.3 ( )0.5 (loss)14.2 ( )0.5 (allowance)14.2 ( )0.5 (on)14.2 ( )0.5 (debt)29.2 ( )]TJ 0.063 Tc T* [(instruments)13.7 ( recorded)13.6 ( at)13.7 ( amortised)13.7 ( cost)13.7 ( or)13.6 ( at)13.6 ( fair)13.7 ( value)13.7 ( through)35.2 ( )]TJ 0.028 Tc 0.092 Tw 0 -1.524 TD [(other )0.5 (comprehensive income, )0.5 (lease )0.5 (receivables, loan )0.5 (commitments )]TJ 0.09 Tw 0 -1.524 TD (and financial guarantee contracts that are not accounted for at fair )Tj 0.071 Tw T* (value through profit or loss under IFRS 9, to be recorded based on )Tj 0.032 Tc 0.088 Tw T* [(an)4.2 ( expected)4.2 ( )0.5 (credit)4.2 ( loss)4.2 ( model)4.3 ( either)4.2 ( )0.5 (on)4.1 ( )0.5 (a)4.2 ( )0.5 (twelve)4.2 (-)4.2 (month)4.2 ( )0.5 (basis)4.2 ( or)4.2 ( )0.5 (a)4.2 ( )]TJ 0.033 Tc 0.087 Tw 0 -1.524 TD [(lifetime)5.2 ( )0.5 (basis)5.2 (.)5.2 ( )0.5 (The)5.2 ( )0.5 (Group)5.2 ( )0.5 (has)5.2 ( )0.5 (applied)5.2 ( )0.5 (the)5.2 ( )0.5 (simplified)5.3 ( approach)5.2 ( )0.5 (and)5.2 ( )]TJ 0.028 Tc 0.021 Tw 0 -1.524 TD (recorded lifetime expected losses that were estimated based on the )Tj 0.092 Tw 0 -1.524 TD [(present values of )0.5 (all )0.5 (cash shortfalls )0.5 (over )0.5 (the )0.5 (remaining life of )0.5 (all )0.5 (of )]TJ 0 -1.524 TD [(its )0.5 (trade and )0.5 (bills )0.5 (receivables. 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(differences arising from translation and attributable to non-controlling\ interests )Tj 0.054 Tc 0.078 Tw T* [(are)14.2 ( )0.6 (allocated)14.2 ( )0.5 (to)14.2 (,)14.3 ( )0.5 (and)14.2 ( )0.5 (recognised)14.2 ( )0.5 (as)14.2 ( )0.5 (part)14.2 ( )0.6 (of)14.2 (,)14.3 ( )0.5 (non)14.2 (-)14.3 (controlling)14.3 ( )0.5 (interests)14.2 ( )0.5 (in)14.2 ( )0.5 (the)26.2 ( )]TJ 0.028 Tc 0 Tw T* (consolidated statement of financial position.)Tj 0.051 Tc 0.078 Tw 0 -3.048 TD [(On)13.5 ( disposal)13.5 ( of)13.5 ( a)13.5 ( foreign)13.5 ( operation)13.5 (,)13.5 ( the)13.5 ( cumulative)13.5 ( amount)13.5 ( of)13.5 ( the)13.5 ( exchange)23.2 ( )]TJ 0.028 Tc 0.053 Tw 0 -1.524 TD (differences relating to that foreign operation is reclassified from equi\ty to profit )Tj 0 Tw T* (or loss when the profit or loss on disposal is recognised.)Tj 0 0 0 0.8 k /GS0 gs /T1_1 1 Tf 11.5 0 0 11.5 99.2126 327.2631 Tm [(\(aa\) )-269.7 (Borrowing costs)]TJ 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.045 Tc 0.078 Tw 10.5 0 0 10.5 127.5591 295.2631 Tm [(Borrowing)14 ( costs)14 ( that)14 ( are)14 ( directly)14.1 ( attributable)14.1 ( to)14 ( the)14 ( acquisition)14 (,)14.1 ( construction)17.2 ( )]TJ 0.03 Tc 0.09 Tw T* [(or)2.2 ( )0.5 (production)2.2 ( of)2.2 ( )0.5 (an)2.2 ( asset)2.2 ( which)2.2 ( necessari)0.5 (ly)2.2 ( takes)2.2 ( a)2.2 ( )0.5 (substantial)2.2 ( period)2.2 ( )0.5 (of)2.3 ( time)2.2 ( )]TJ 0.034 Tc 0.086 Tw T* [(to)6.2 ( get)6.2 ( ready)6.2 ( for)6.2 ( its)6.2 ( intended)6.2 ( )0.5 (use)6.2 ( )0.5 (or)6.2 ( )0.5 (sale)6.2 ( )0.5 (are)6.2 ( capitalised)6.2 ( as)6.2 ( part)6.1 ( )0.5 (of)6.2 ( the)6.2 ( cost)6.2 ( )0.5 (of)6.2 ( )]TJ 0.028 Tc 0.049 Tw T* (that asset. Other borrowing costs are expensed in the period in which th\ey are )Tj -0.028 Tw T* (incurred.)Tj 0.037 Tc 0.083 Tw 0 -3.048 TD [(The)9.2 ( )0.5 (capitalisation)9.2 ( )0.5 (of)9.2 ( )0.5 (borrowing)9.2 ( )0.5 (costs)9.2 ( )0.5 (as)9.2 ( )0.5 (part)9.2 ( of)9.2 ( )0.5 (the)9.2 ( cost)9.2 ( )0.5 (of)9.2 ( )0.5 (a)9.2 ( qualifying)9.2 ( )0.5 (asset)9.2 ( )]TJ 0.028 Tc 0.061 Tw 0 -1.524 TD (commences when expenditure for the asset is being incurred, borrowing co\sts )Tj 0.043 Tc 0.078 Tw T* [(are)13.5 ( being)13.6 ( incurred)13.6 ( and)13.6 ( activities)13.6 ( that)13.6 ( are)13.6 ( necessary)13.6 ( to)13.6 ( prepare)13.6 ( the)13.5 ( asset)13.6 ( for)15.2 ( )]TJ 0.044 Tc T* [(its)13.4 ( intended)13.5 ( use)13.5 ( or)13.5 ( sale)13.4 ( are)13.5 ( in)13.5 ( progress)13.5 (.)13.5 ( Capitalisation)13.4 ( of)13.5 ( borrowing)13.5 ( costs)13.5 ( is)16.2 ( )]TJ 0.028 Tc 0.047 Tw T* (suspended or ceases when substantially all the activities necessary to p\repare )Tj 0 Tw T* (the qualifying asset for its intended use or sale are interrupted or com\plete.)Tj ET endstreamendobj748 0 obj<>endobj745 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 536.9537 33.8036 Tm (253)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0.113 Tc 0.077 Tw 14 0 0 14 70.8661 670.2631 Tm [(2)85.2 ( )-972.9 (SU)0.5 (MM)0.5 (A)0.5 (RY)14.4 ( OF)14.4 ( S)0.5 (IG)0.5 (NI)0.5 (F)0.5 (IC)0.5 (A)0.5 (NT)14.4 ( A)0.5 (CC)0.5 (OU)0.5 (N)0.5 (TI)0.5 (N)0.5 (G)14.3 ( P)0.5 (OL)0.5 (IC)0.5 (I)0.5 (ES)85.2 ( )]TJ 0.028 Tc -0.028 Tw 2.025 -1.357 Td (\(Continued\))Tj 0 0 0 0.8 k 0 Tw 11.5 0 0 11.5 99.2126 617.2631 Tm [(\(y\) )-853.5 (Revenue recognition \(Continued\))]TJ 0 0 0 1 k /GS1 gs 10.5 0 0 10.5 127.559 585.2631 Tm [(ii. )-1476.3 (Applicable before 1 January 2018 \(Continued\))]TJ /T1_2 1 Tf 2.7 -3.048 Td [(\(viii\) )-395 (Certified Emission Reductions \(\223CERs\224\) income \(Continued\))]TJ 0.033 Tc 2.7 -3.048 Td [(\226 )-1855.9 (the relevant electricity has been generated.)]TJ 0.04 Tc 0.08 Tw 0 -3.048 TD [(The)12.2 ( )0.5 (revenue)12.2 ( related)12.2 ( to)12.2 ( )0.5 (CERs)12.2 ( is)12.2 ( recognised)12.2 ( )0.5 (and)12.2 ( )0.5 (recorded)12.2 ( )0.5 (in)12.1 ( )0.5 (trade)12.2 ( )]TJ 0.029 Tc 0.091 Tw 0 -1.524 TD [(receivables)1.2 ( )0.5 (for)1.2 ( )0.5 (the)1.2 ( )0.5 (volume)1.2 ( )0.5 (verified)1.2 ( )0.5 (by)1.2 ( )0.5 (the)1.2 ( )0.5 (independent)1.2 ( )0.5 (supervisors)1.2 ( )]TJ 0.054 Tc 0.078 Tw T* [(assigned)13.8 ( by)13.7 ( CDM)13.7 ( EB)13.8 ( and)13.7 ( in)13.7 ( other)13.8 ( receivables)13.8 ( for)13.7 ( the)13.7 ( remaining)26.2 ( )]TJ 0.028 Tc -0.028 Tw T* (volume.)Tj 0 0 0 0.8 k /GS0 gs /T1_1 1 Tf 0 Tw 11.5 0 0 11.5 99.2126 407.2631 Tm [(\(z\) )-909.5 (Translation of foreign currencies)]TJ 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.056 Tc 0.078 Tw 10.5 0 0 10.5 127.559 375.2631 Tm [(Foreign)13.9 ( currency)13.9 ( transactions)13.9 ( during)13.9 ( the)13.9 ( year)13.9 ( are)14 ( translated)13.9 ( at)13.9 ( the)14 ( foreign)28.2 ( )]TJ 0.031 Tc 0.089 Tw T* [(exchange)3.2 ( )0.5 (rates)3.2 ( )0.5 (ruling)3.2 ( at)3.2 ( )0.5 (the)3.2 ( )0.5 (transaction)3.2 ( )0.5 (dates)3.3 (.)3.2 ( Monetary)3.3 ( assets)3.2 ( )0.5 (and)3.2 ( )0.5 (liabilities)3.2 ( )]TJ 0.028 Tc 0.047 Tw T* (denominated in foreign currencies are translated at the foreign exchange\ rates )Tj 0.04 Tc 0.08 Tw T* [(ruling)12.2 ( )0.5 (at)12.2 ( )0.5 (the)12.2 ( )0.5 (balance)12.2 ( sheet)12.2 ( )0.5 (date)12.2 (.)12.2 ( Exchange)12.2 ( gains)12.2 ( )0.5 (and)12.3 ( losses)12.2 ( )0.5 (are)12.2 ( recognised)12.2 ( )]TJ 0.043 Tc 0.078 Tw T* [(in)13.9 ( profit)14 ( or)13.9 ( loss)13.9 (,)14 ( except)13.9 ( those)14 ( arising)14 ( from)14 ( foreign)14 ( currency)13.9 ( borrowings)14 ( used)15.2 ( )]TJ 0.028 Tc 0.053 Tw T* (to hedge a net investment in a foreign operation which are recognised in\ other )Tj 0 Tw T* (comprehensive income.)Tj 0.01 Tw 0 -3.048 TD (Non-monetary assets and liabilities that are measured in terms of histor\ical cost )Tj 0.088 Tw 0 -1.524 TD (in a foreign currency are translated using the foreign exchange rates ru\ling at )Tj 0 Tw T* (the transaction dates.)Tj ET endstreamendobj746 0 obj<>endobj743 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 37.6388 33.8036 Tm (252)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0.113 Tc 0.077 Tw 14 0 0 14 70.8661 670.2631 Tm [(2)85.2 ( )-972.9 (SU)0.5 (MM)0.5 (A)0.5 (RY)14.4 ( OF)14.4 ( S)0.5 (IG)0.5 (NI)0.5 (F)0.5 (IC)0.5 (A)0.5 (NT)14.4 ( A)0.5 (CC)0.5 (OU)0.5 (N)0.5 (TI)0.5 (N)0.5 (G)14.3 ( P)0.5 (OL)0.5 (IC)0.5 (I)0.5 (ES)85.2 ( )]TJ 0.028 Tc -0.028 Tw 2.025 -1.357 Td (\(Continued\))Tj 0 0 0 0.8 k 0 Tw 11.5 0 0 11.5 99.2126 617.2631 Tm [(\(y\) )-853.5 (Revenue recognition \(Continued\))]TJ 0 0 0 1 k /GS1 gs 10.5 0 0 10.5 127.559 585.2631 Tm [(ii. )-1476.3 (Applicable before 1 January 2018 \(Continued\))]TJ /T1_2 1 Tf 2.7 -3.048 Td [(\(vi\) )-894.5 (Interest income)]TJ 0.067 Tc 0.078 Tw 2.7 -3.048 Td [(Interest)14.1 ( income)14.1 ( is)14.1 ( recognised)14.1 ( as)14.1 ( it)14.1 ( accrues)14.1 ( using)14.1 ( the)14.1 ( effective)39.2 ( )]TJ 0.028 Tc 0 Tw 0 -1.524 TD (interest method.)Tj -2.7 -3.048 Td [(\(vii\) )-644.7 (Government grants)]TJ 0.061 Tc 0.078 Tw 2.7 -3.048 Td [(Government)14.2 ( grants)14.2 ( are)14.2 ( recognised)14.2 ( in)14.2 ( the)14.2 ( statement)14.2 ( of)14.1 ( )0.5 (financial)33.2 ( )]TJ 0.042 Tc T* [(position)14 ( initially)14 ( when)14 ( there)14 ( is)14 ( reasonable)13.9 ( assurance)13.9 ( that)14 ( they)14 ( will)14.2 ( )]TJ 0.063 Tc 0 -1.524 TD [(be)13.6 ( received)13.7 ( and)13.7 ( that)13.7 ( the)13.7 ( Group)13.6 ( will)13.6 ( comply)13.7 ( with)13.7 ( the)13.7 ( conditions)35.2 ( )]TJ 0.028 Tc 0.076 Tw 0 -1.524 TD (attaching to them. Grants that compensate the Group for expenses )Tj 0.07 Tw T* (incurred are recognised as income in profit or loss on a systematic )Tj 0.067 Tc 0.078 Tw T* [(basis)13.6 ( in)13.6 ( the)13.6 ( same)13.6 ( periods)13.6 ( in)13.6 ( which)13.6 ( the)13.6 ( expenses)13.6 ( are)13.6 ( incurred)13.6 (.)39.2 ( )]TJ 0.066 Tc T* [(Grants)14 ( that)14 ( compensate)13.9 ( the)14 ( Group)14 ( for)14 ( the)14 ( cost)14 ( of)14 ( an)14 ( asset)14 ( are)38.1 ( )]TJ 0.078 Tc T* [(initially)13.9 ( recognised)13.8 ( as)13.8 ( deferred)13.9 ( income)13.9 ( and)13.8 ( consequently)13.9 ( are)50.2 ( )]TJ 0.026 Tc 0 Tw T* [(effectively recognised in profit or loss over the useful life of the ass\et)-1.8 ( )]TJ 0.028 Tc T* (by way of reduced depreciation expense.)Tj -2.7 -3.048 Td [(\(viii\) )-395 (Certified Emission Reductions \(\223CERs\224\) income)]TJ 0.041 Tw 2.7 -3.048 Td (The Group sells carbon credits known as CERs, generated from the )Tj 0.033 Tc 0.087 Tw T* [(wind)5.2 ( )0.5 (farms)5.2 ( )0.5 (and)5.2 ( )0.5 (other)5.2 ( )0.5 (renewable)5.2 ( )0.5 (energy)5.2 ( )0.5 (facilities)5.3 ( which)5.2 ( have)5.2 ( )0.5 (been)5.2 ( )]TJ 0.028 Tc 0.04 Tw T* [(registered )0.5 (as )0.5 (Clean )0.6 (Development )0.6 (Mechanism )0.5 (\(\223CDM\224\) )0.5 (projects )0.6 (with )]TJ 0.031 Tc 0.089 Tw T* [(CDM)3.2 ( )0.5 (Executive)3.2 ( )0.5 (Board)3.3 ( \()3.2 (\223)3.3 (CDM)3.2 ( )0.5 (EB)3.2 (\224)3.3 (\))3.2 ( )0.5 (of)3.2 ( )0.5 (the)3.2 ( )0.5 (United)3.3 ( Nations)3.2 ( under)3.2 ( )0.5 (the)3.2 ( )]TJ 0.028 Tc 0.041 Tw T* (Kyoto Protocol. Revenue in relation to the CERs is recognised when )Tj 0 Tw T* (following conditions are met:)Tj 0 -3.048 TD [(\226 )-1865.9 (the counterparties have committed to purchase the CERs;)]TJ T* [(\226 )-1865.9 (the sales prices have been agreed; and)]TJ ET endstreamendobj744 0 obj<>endobj741 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 536.9537 33.8036 Tm (251)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0.113 Tc 0.077 Tw 14 0 0 14 70.8661 670.2631 Tm [(2)85.2 ( )-972.9 (SU)0.5 (MM)0.5 (A)0.5 (RY)14.4 ( OF)14.4 ( S)0.5 (IG)0.5 (NI)0.5 (F)0.5 (IC)0.5 (A)0.5 (NT)14.4 ( A)0.5 (CC)0.5 (OU)0.5 (N)0.5 (TI)0.5 (N)0.5 (G)14.3 ( P)0.5 (OL)0.5 (IC)0.5 (I)0.5 (ES)85.2 ( )]TJ 0.028 Tc -0.028 Tw 2.025 -1.357 Td (\(Continued\))Tj 0 0 0 0.8 k 0 Tw 11.5 0 0 11.5 99.2126 617.2631 Tm [(\(y\) )-853.5 (Revenue recognition \(Continued\))]TJ 0 0 0 1 k /GS1 gs 10.5 0 0 10.5 127.559 585.2631 Tm [(ii. )-1476.3 (Applicable before 1 January 2018 \(Continued\))]TJ /T1_2 1 Tf 2.7 -3.048 Td [(\(iii\) )-922.8 (Rendering of services)]TJ 0.047 Tc 0.078 Tw 2.7 -3.048 Td [(Revenue)13.7 ( from)13.6 ( the)13.6 ( rendering)13.7 ( of)13.7 ( services)13.6 ( is)13.6 ( recognised)13.6 ( in)13.6 ( profit)13.6 ( or)19.2 ( )]TJ 0.067 Tc 0 -1.524 TD [(loss)14.3 ( )0.5 (by)14.2 ( )0.5 (reference)14.3 ( )0.5 (to)14.3 ( )0.5 (the)14.3 ( )0.5 (stage)14.3 ( )0.5 (of)14.3 ( )0.5 (completion)14.2 ( )0.6 (of)14.3 ( )0.5 (the)14.3 ( )0.5 (transaction)39.2 ( )]TJ 0.028 Tc 0 Tw T* (based on the progress of work performed.)Tj -2.7 -3.048 Td [(\(iv\) )-894.5 (Rental income from operating leases)]TJ 0.04 Tc 0.08 Tw 2.7 -3.048 Td [(Rental)12.2 ( income)12.2 ( )0.5 (receivable)12.2 ( )0.5 (under)12.2 ( )0.5 (operating)12.1 ( )0.5 (leases)12.2 ( is)12.2 ( recognised)12.2 ( )0.5 (in)12.1 ( )]TJ 0.035 Tc 0.085 Tw 0 -1.524 TD [(profit)7.2 ( or)7.2 ( loss)7.2 ( )0.5 (in)7.2 ( equal)7.2 ( instalments)7.2 ( )0.5 (over)7.2 ( )0.5 (the)7.2 ( )0.5 (periods)7.2 ( )0.5 (covered)7.2 ( )0.5 (by)7.2 ( )0.5 (the)7.2 ( )]TJ 0.028 Tc 0.009 Tw 0 -1.524 TD [(lease )0.5 (term, )0.5 (except )0.5 (where )0.5 (an alternative )0.5 (basis )0.5 (is )0.5 (more representative )]TJ 0.037 Tc 0.083 Tw T* [(of)9.2 ( )0.5 (the)9.2 ( pattern)9.2 ( of)9.2 ( benefits)9.2 ( to)9.2 ( be)9.2 ( derived)9.2 ( )0.5 (from)9.2 ( the)9.2 ( )0.5 (use)9.2 ( )0.5 (of)9.2 ( )0.5 (the)9.2 ( leased)9.2 ( )]TJ 0.032 Tc 0.088 Tw T* [(asset)4.2 (.)4.2 ( Lease)4.2 ( )0.5 (incentives)4.2 ( )0.5 (granted)4.2 ( )0.5 (are)4.2 ( )0.5 (recognised)4.2 ( )0.5 (in)4.2 ( )0.5 (profit)4.2 ( or)4.2 ( loss)4.2 ( )0.5 (as)4.2 ( )]TJ 0.049 Tc 0.078 Tw T* [(an)13.7 ( integral)13.7 ( part)13.7 ( of)13.7 ( the)13.7 ( aggregate)13.7 ( net)13.7 ( lease)13.7 ( payments)13.6 ( receivable)13.7 (.)21.2 ( )]TJ 0.063 Tc T* [(Contingent)14.2 ( )0.5 (rentals)14.2 ( )0.5 (are)14.2 ( )0.5 (recognised)14.2 ( )0.5 (as)14.2 ( )0.5 (income)14.2 ( )0.5 (in)14.3 ( )0.5 (the)14.2 ( )0.5 (accounting)35.2 ( )]TJ 0.028 Tc 0 Tw T* (period in which they are earned.)Tj 1.144 Tw -2.7 -3.048 Td (\(v\) Dividends)Tj 0.07 Tc 0.077 Tw 2.7 -3.048 Td [(\226)42.2 ( )-1746.9 (D)0.6 (i)0.6 (v)0.5 (i)0.6 (d)0.5 (e)0.6 (n)0.5 (d)14.5 ( i)0.6 (n)0.5 (c)0.5 (o)0.6 (m)0.6 (e)14.4 ( f)0.5 (r)0.6 (o)0.5 (m)14.5 ( u)0.6 (n)0.5 (l)0.6 (i)0.5 (s)0.6 (t)0.5 (e)0.6 (d)14.4 ( i)0.6 (n)0.5 (v)0.6 (e)0.5 (s)0.6 (t)0.5 (m)0.6 (e)0.5 (n)0.6 (t)0.5 (s)14.5 ( i)0.5 (s)14.5 ( r)0.5 (e)0.6 (c)0.5 (o)0.6 (g)0.5 (n)0.6 (i)0.5 (s)0.6 (e)0.5 (d)42.2 ( )]TJ 0.024 Tc 0 Tw 2.7 -1.524 Td (when the shareholder\222s right to receive payment is established.)Tj 0.036 Tc 0.084 Tw -2.7 -3.048 Td [(\226)8.2 ( )-1773.9 (Dividend)8.2 ( income)8.3 ( from)8.3 ( listed)8.2 ( )0.5 (investments)8.2 ( is)8.2 ( )0.5 (recognised)8.2 ( when)8.2 ( )]TJ 0.028 Tc 0 Tw 2.7 -1.524 Td (the share price of the investment goes ex-dividend.)Tj ET endstreamendobj742 0 obj<>endobj739 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 37.6388 33.8036 Tm (250)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0.113 Tc 0.077 Tw 14 0 0 14 70.8661 670.2631 Tm [(2)85.2 ( )-972.9 (SU)0.5 (MM)0.5 (A)0.5 (RY)14.4 ( OF)14.4 ( S)0.5 (IG)0.5 (NI)0.5 (F)0.5 (IC)0.5 (A)0.5 (NT)14.4 ( A)0.5 (CC)0.5 (OU)0.5 (N)0.5 (TI)0.5 (N)0.5 (G)14.3 ( P)0.5 (OL)0.5 (IC)0.5 (I)0.5 (ES)85.2 ( )]TJ 0.028 Tc -0.028 Tw 2.025 -1.357 Td (\(Continued\))Tj 0 0 0 0.8 k 0 Tw 11.5 0 0 11.5 99.2126 617.2631 Tm [(\(y\) )-853.5 (Revenue recognition \(Continued\))]TJ 0 0 0 1 k /GS1 gs 10.5 0 0 10.5 127.5591 585.2631 Tm [(ii. )-1476.3 (Applicable before 1 January 2018)]TJ /T1_2 1 Tf 0.045 Tc 0.078 Tw 2.7 -3.048 Td [(Revenue)14 ( is)13.9 ( measured)14 ( at)14 ( the)14 ( fair)14 ( value)13.9 ( of)14 ( the)14 ( consideration)13.9 ( received)14 ( or)17.2 ( )]TJ 0.046 Tc 0 -1.524 TD [(receivable)13.5 (.)13.5 ( Provided)13.6 ( it)13.5 ( is)13.5 ( probable)13.5 ( that)13.5 ( 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(v)0.5 (e)0.6 (n)0.5 (u)0.6 (e)14.4 ( f)0.5 (r)0.6 (o)0.5 (m)14.5 ( c)0.5 (o)0.6 (n)0.5 (t)0.6 (r)0.5 (a)0.5 (c)0.6 (t)0.5 (s)14.5 ( w)0.5 (i)0.6 (t)0.5 (h)14.5 ( c)0.5 (u)0.6 (s)0.5 (t)0.6 (o)0.5 (m)0.5 (e)0.6 (r)0.5 (s)14.5 ( i)0.5 (s)14.5 ( r)0.5 (e)0.6 (c)0.5 (o)0.6 (g)0.5 (n)0.5 (i)0.6 (s)0.5 (e)0.6 (d)14.4 ( w)0.6 (h)0.5 (e)0.6 (n)14.4 ( c)0.6 (o)0.5 (n)0.5 (t)0.6 (r)0.5 (o)0.6 (l)14.4 ( o)0.6 (f)24.2 ( )]TJ 0.067 Tc 0.078 Tw 0 -1.524 TD [(goods)13.7 ( or)13.7 ( services)13.7 ( is)13.7 ( transferred)13.7 ( to)13.7 ( the)13.7 ( customers)13.7 ( at)13.7 ( an)13.7 ( amount)13.8 ( that)39.2 ( )]TJ 0.048 Tc 0.077 Tw T* [(r)0.5 (e)0.6 (f)0.5 (l)0.6 (e)0.5 (c)0.6 (t)0.5 (s)14.4 ( t)0.6 (h)0.5 (e)14.5 ( c)0.5 (o)0.5 (n)0.6 (s)0.5 (i)0.6 (d)0.5 (e)0.6 (r)0.5 (a)0.5 (t)0.6 (i)0.6 (o)0.5 (n)14.4 ( t)0.6 (o)14.4 ( w)0.6 (h)0.5 (i)0.6 (c)0.5 (h)14.4 ( t)0.6 (h)0.5 (e)14.5 ( G)0.5 (r)0.5 (o)0.6 (u)0.5 (p)14.5 ( e)0.5 (x)0.6 (p)0.5 (e)0.5 (c)0.6 (t)0.5 (s)14.5 ( t)0.6 (o)14.4 ( b)0.6 (e)14.4 ( e)0.6 (n)0.5 (t)0.5 (i)0.6 (t)0.5 (l)0.6 (e)0.5 (d)14.5 ( i)0.5 (n)20.2 ( )]TJ 0.028 Tc 0 Tw T* (exchange for those goods or services.)Tj 0.057 Tc 0.077 Tw 0 -3.048 TD [(W)0.5 (he)0.5 (n)14.4 ( t)0.5 (he)14.4 ( c)0.5 (on)0.5 (s)0.5 (i)0.5 (de)0.5 (r)0.5 (at)0.5 (i)0.5 (on)14.4 ( i)0.5 (n)14.4 ( a)14.4 ( co)0.5 (n)0.5 (tr)0.5 (a)0.5 (ct)14.4 ( i)0.5 (n)0.5 (cl)0.5 (u)0.5 (d)0.5 (es)14.4 ( a)14.4 ( v)0.5 (ar)0.5 (i)0.5 (ab)0.5 (l)0.5 (e)14.4 ( am)0.5 (o)0.5 (u)0.5 (nt)14.4 (,)14.4 ( th)0.5 (e)29.2 ( )]TJ 0.032 Tc 0.088 Tw 0 -1.524 TD [(amount)4.2 ( of)4.2 ( consideration)4.2 ( is)4.2 ( )0.5 (estimated)4.2 ( to)4.2 ( which)4.2 ( the)4.2 ( Group)4.2 ( )0.5 (will)4.2 ( )0.5 (be)4.2 ( entitled)4.2 ( )]TJ 0.036 Tc 0.084 Tw 0 -1.524 TD [(in)8.2 ( )0.5 (exchange)8.2 ( for)8.2 ( transferring)8.2 ( )0.5 (the)8.2 ( goods)8.2 ( or)8.2 ( )0.5 (services)8.2 ( )0.5 (to)8.2 ( )0.5 (the)8.2 ( customer)8.2 (.)8.2 ( )0.5 (The)8.2 ( )]TJ 0.028 Tc 0.066 Tw 0 -1.524 TD [(variable )0.6 (consideration )0.6 (is )0.5 (estimated )0.5 (at )0.5 (contract )0.6 (inception )0.6 (and )0.5 (constrained )]TJ 0.034 Tw T* (until it is highly probable that a significant revenue reversal in the a\mount )Tj 0.056 Tc 0.078 Tw T* [(of)14.3 ( )0.5 (cumulative)14.3 ( )0.5 (revenue)14.3 ( )0.5 (recognised)14.3 ( )0.5 (will)14.3 ( )0.5 (not)14.2 ( )0.5 (occur)14.3 ( )0.5 (when)14.3 ( )0.5 (the)14.3 ( )0.5 (associated)28.2 ( )]TJ 0.028 Tc 0 Tw T* (uncertainty with the variable consideration is subsequently resolved.)Tj 0.076 Tc 0.078 Tw 0 -3.048 TD [(When)13.6 ( the)13.5 ( contract)13.6 ( contains)13.5 ( a)13.5 ( financing)13.6 ( component)13.5 ( which)13.6 ( provides)48.2 ( )]TJ 0.047 Tc 0 -1.524 TD [(the)14.1 ( customer)14.1 ( a)14.1 ( significant)14.1 ( benefit)14.1 ( of)14.1 ( financing)14.1 ( the)14.1 ( transfer)14.1 ( of)14.1 ( goods)14.1 ( or)19.2 ( )]TJ 0.028 Tc 0.062 Tw T* (services to the customer for more than one year, revenue is measured at \)Tj 0.027 Tc 0 Tw T* [(the present value of the amount receivable, discounted using the discoun\t)-0.8 ( )]TJ 0.029 Tc 0.091 Tw T* [(rate)1.2 ( )0.5 (that)1.2 ( )0.5 (would)1.3 ( be)1.2 ( )0.5 (reflected)1.2 ( )0.5 (in)1.2 ( )0.5 (a)1.2 ( )0.5 (separate)1.2 ( )0.5 (financing)1.2 ( transaction)1.2 ( )0.5 (between)1.2 ( )]TJ 0.056 Tc 0.078 Tw T* [(the)14.2 ( )0.5 (Group)14.2 ( )0.5 (and)14.2 ( )0.5 (the)14.3 ( customer)14.3 ( )0.5 (at)14.2 ( )0.5 (contract)14.2 ( )0.5 (inception)14.2 (.)14.2 ( )0.5 (When)14.2 ( )0.5 (the)14.2 ( )0.5 (contract)28.2 ( )]TJ 0.039 Tc 0.081 Tw T* [(c)0.5 (o)0.6 (n)0.5 (t)0.6 (a)0.5 (i)0.6 (n)0.5 (s)11.2 ( )0.5 (a)11.2 ( f)0.6 (i)0.6 (n)0.5 (a)0.5 (n)0.6 (c)0.5 (i)0.6 (n)0.6 (g)11.2 ( c)0.6 (o)0.5 (m)0.6 (p)0.5 (o)0.6 (n)0.5 (e)0.6 (n)0.5 (t)11.2 ( )0.5 (w)0.5 (h)0.6 (i)0.5 (c)0.6 (h)11.2 ( p)0.6 (r)0.5 (o)0.6 (v)0.5 (i)0.6 (d)0.5 (e)0.6 (s)11.2 ( )0.5 (t)0.5 (h)0.5 (e)11.2 ( )0.5 (G)0.6 (r)0.5 (o)0.6 (u)0.5 (p)11.2 ( )0.5 (a)11.2 ( s)0.6 (i)0.5 (g)0.6 (n)0.5 (i)0.6 (f)0.5 (i)0.6 (c)0.5 (a)0.6 (n)0.5 (t)11.2 ( )]TJ 0.043 Tc 0.078 Tw T* [(financial)14.1 ( benefit)14.1 ( for)14 ( more)14.1 ( than)14.1 ( one)14 ( year)14.1 (,)14 ( revenue)14 ( recognised)14.1 ( under)14.1 ( the)15.2 ( )]TJ 0.039 Tc 0.081 Tw T* [(contract)11.2 ( includes)11.2 ( the)11.2 ( )0.5 (interest)11.3 ( expense)11.2 ( accreted)11.2 ( )0.5 (on)11.2 ( the)11.2 ( )0.5 (contract)11.2 ( liability)11.2 ( )]TJ 0.064 Tc 0.078 Tw T* [(under)13.9 ( the)13.9 ( effective)13.9 ( interest)13.9 ( method)13.9 (.)13.9 ( For)13.9 ( a)13.9 ( contract)13.9 ( where)13.9 ( the)13.8 ( period)36.2 ( )]TJ 0.037 Tc 0.083 Tw T* [(between)9.2 ( the)9.2 ( )0.5 (payment)9.2 ( by)9.2 ( )0.5 (the)9.2 ( )0.5 (customer)9.2 ( and)9.2 ( )0.5 (the)9.2 ( )0.5 (transfer)9.3 ( of)9.2 ( )0.5 (the)9.2 ( )0.5 (promised)9.2 ( )]TJ 0.028 Tc 0.004 Tw T* (goods or services is one year or less, the transaction price is not adju\sted )Tj 0.042 Tc 0.078 Tw T* [(for)14.1 ( the)14.1 ( effects)14.1 ( of)14.1 ( a)14.1 ( significant)14.1 ( financing)14.1 ( component)14.1 (,)14.1 ( using)14.1 ( the)14.1 ( practical)14.2 ( )]TJ 0.028 Tc 0 Tw T* (expedient in IFRS 15.)Tj ET endstreamendobj804 0 obj<>endobj801 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 37.6388 33.8036 Tm (246)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0.113 Tc 0.077 Tw 14 0 0 14 70.8661 670.2631 Tm [(2)85.2 ( )-972.9 (SU)0.5 (MM)0.5 (A)0.5 (RY)14.4 ( OF)14.4 ( S)0.5 (IG)0.5 (NI)0.5 (F)0.5 (IC)0.5 (A)0.5 (NT)14.4 ( A)0.5 (CC)0.5 (OU)0.5 (N)0.5 (TI)0.5 (N)0.5 (G)14.3 ( P)0.5 (OL)0.5 (IC)0.5 (I)0.5 (ES)85.2 ( )]TJ 0.028 Tc -0.028 Tw 2.025 -1.357 Td (\(Continued\))Tj 0 0 0 0.8 k 0 Tw 11.5 0 0 11.5 99.2126 617.2631 Tm [(\(x\) )-853.5 (Provisions and contingent liabilities)]TJ 0 0 0 1 k /GS1 gs 10.5 0 0 10.5 127.5591 585.2631 Tm [(\(i\) )-1366.3 (Contingent liabilities assumed in business combinations)]TJ /T1_2 1 Tf 0.071 Tc 0.078 Tw 2.7 -3.048 Td [(Contingent)13.7 ( liabilities)13.7 ( assumed)13.7 ( in)13.6 ( a)13.6 ( business)13.7 ( combination)13.6 ( which)13.7 ( are)43.3 ( )]TJ 0.043 Tc 0 -1.524 TD [(present)13.6 ( obligations)13.5 ( at)13.5 ( the)13.6 ( date)13.5 ( of)13.6 ( acquisition)13.6 ( are)13.5 ( initially)13.5 ( recognised)13.5 ( at)15.2 ( )]TJ 0.045 Tc T* [(fair)13.8 ( value)13.8 (,)13.9 ( provided)13.8 ( the)13.8 ( fair)13.9 ( value)13.8 ( can)13.8 ( be)13.8 ( reliably)13.8 ( measured)13.9 (.)13.8 ( After)13.8 ( their)17.2 ( )]TJ 0.032 Tc 0.088 Tw T* [(initial)4.2 ( )0.5 (recognition)4.2 ( )0.5 (at)4.2 ( fair)4.2 ( )0.5 (value)4.2 (,)4.2 ( )0.5 (such)4.2 ( contingent)4.2 ( )0.5 (liabilities)4.3 ( are)4.2 ( )0.5 (recognised)4.2 ( )]TJ 0.084 Tc 0.078 Tw T* [(at)13.8 ( the)13.8 ( higher)13.8 ( of)13.8 ( the)13.8 ( amount)13.7 ( initially)13.8 ( recognised)13.9 (,)13.8 ( less)13.8 ( accumulated)56.2 ( )]TJ 0.027 Tc 0 Tw T* [(amortisation where appropriate, and the amount that would be determined)-0.8 ( )]TJ 0.034 Tc 0.086 Tw T* [(in)6.2 ( accordance)6.1 ( )0.5 (with)6.2 ( )0.5 (note)6.2 ( )0.5 (2)6.1 (\()6.3 (x)6.1 (\))6.3 (\()6.2 (ii)6.3 (\))6.2 (.)6.2 ( Contingent)6.2 ( liabilities)6.2 ( acquired)6.1 ( )0.5 (assumed)6.2 ( )]TJ 0.028 Tc 0.083 Tw T* (in a business combination that cannot be reliably fair-valued or were no\t )Tj 0.016 Tw T* (present obligations at the date of acquisition are disclosed in accordan\ce )Tj 0 Tw 0 -1.524 TD (with note 2\(x\)\(ii\).)Tj /T1_1 1 Tf -2.7 -3.048 Td [(\(ii\) )-1060.5 (Other provisions and contingent liabilities)]TJ /T1_2 1 Tf 0.073 Tc 0.078 Tw 2.7 -3.048 Td [(Provisions)13.4 ( are)13.4 ( recognised)13.4 ( for)13.4 ( other)13.4 ( liabilities)13.5 ( of)13.4 ( uncertain)13.5 ( timing)13.5 ( or)45.2 ( )]TJ 0.065 Tc 0 -1.524 TD [(amount)13.8 ( when)13.8 ( the)13.7 ( Group)13.8 ( or)13.8 ( the)13.8 ( Company)13.8 ( has)13.8 ( a)13.8 ( legal)13.8 ( or)13.8 ( constructive)37.2 ( )]TJ 0.028 Tc 0.024 Tw T* [(obligation )0.5 (arising )0.6 (as )0.5 (a )0.6 (result )0.5 (of )0.6 (a )0.5 (past )0.6 (event, )0.6 (it )0.6 (is )0.5 (probable )0.5 (that )0.5 (an )0.6 (outflow )]TJ 0.074 Tc 0.078 Tw T* [(of)14.2 ( )0.5 (economic)14.3 ( )0.5 (benefits)14.2 ( )0.5 (will)14.2 ( )0.5 (be)14.2 ( )0.5 (required)14.2 ( )0.5 (to)14.3 ( )0.5 (settle)14.2 ( )0.5 (the)14.2 ( )0.5 (obligation)14.2 ( )0.5 (and)14.3 ( )0.5 (a)46.2 ( )]TJ 0.028 Tc 0.007 Tw T* (reliable estimate can be made. Where the time value of money is material\, )Tj 0.058 Tw T* [(provisions are )0.5 (stated at )0.5 (the present value )0.5 (of the )0.5 (expenditure )0.5 (expected )0.5 (to )]TJ 0 Tw T* (settle the obligation.)Tj 0.061 Tc 0.078 Tw 0 -3.048 TD [(Where)13.9 ( it)13.8 ( is)13.9 ( not)13.9 ( probable)13.9 ( that)13.9 ( an)13.9 ( outflow)13.9 ( of)13.8 ( economic)13.9 ( benefits)13.9 ( will)13.9 ( be)33.2 ( )]TJ 0.049 Tc 0 -1.524 TD [(required)14.1 (,)14 ( or)14.1 ( the)14 ( amount)14 ( cannot)14.1 ( be)14.1 ( estimated)14.1 ( reliably)14.1 (,)14 ( the)14.1 ( obligation)14.1 ( is)21.2 ( )]TJ 0.053 Tc T* [(disclosed)13.4 ( as)13.4 ( a)13.5 ( contingent)13.5 ( liability)13.4 (,)13.5 ( unless)13.5 ( the)13.4 ( probability)13.5 ( of)13.5 ( outflow)13.5 ( of)25.1 ( )]TJ 0.04 Tc 0.08 Tw T* [(economic)12.2 ( )0.5 (benefits)12.2 ( )0.5 (is)12.2 ( )0.5 (remote)12.2 (.)12.2 ( Possible)12.2 ( obligations)12.1 (,)12.2 ( )0.5 (whose)12.2 ( existence)12.2 ( will)12.2 ( )]TJ 0.037 Tc 0.083 Tw T* [(on)0.5 (l)0.5 (y)9.2 ( b)0.5 (e)9.2 ( )0.5 (co)0.5 (nf)0.5 (i)0.5 (rm)0.5 (e)0.5 (d)9.2 ( b)0.5 (y)9.2 ( )0.5 (th)0.5 (e)9.2 ( o)0.5 (cc)0.5 (u)0.5 (rr)0.5 (en)0.5 (c)0.5 (e)9.2 ( o)0.5 (r)9.2 ( )0.5 (no)0.5 (n)9.2 (-)9.2 (oc)0.5 (c)0.5 (ur)0.5 (re)0.5 (n)0.5 (ce)9.2 ( )0.5 (of)9.2 ( )0.5 (on)0.5 (e)9.2 ( )0.5 (or)9.2 ( )0.5 (mo)0.5 (r)0.5 (e)9.2 ( )]TJ 0.069 Tc 0.078 Tw T* [(future)14.2 ( events)14.1 (,)14.2 ( are)14.1 ( also)14.1 ( disclosed)14.1 ( as)14.1 ( contingent)14.2 ( liabilities)14.2 ( unless)14.1 ( the)41.2 ( )]TJ 0.028 Tc 0 Tw T* (probability of outflow of economic benefits is remote.)Tj ET endstreamendobj802 0 obj<>endobj799 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 536.9537 33.8036 Tm (245)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0.113 Tc 0.077 Tw 14 0 0 14 70.8661 670.2631 Tm [(2)85.2 ( )-972.9 (SU)0.5 (MM)0.5 (A)0.5 (RY)14.4 ( OF)14.4 ( S)0.5 (IG)0.5 (NI)0.5 (F)0.5 (IC)0.5 (A)0.5 (NT)14.4 ( A)0.5 (CC)0.5 (OU)0.5 (N)0.5 (TI)0.5 (N)0.5 (G)14.3 ( P)0.5 (OL)0.5 (IC)0.5 (I)0.5 (ES)85.2 ( )]TJ 0.028 Tc -0.028 Tw 2.025 -1.357 Td (\(Continued\))Tj 0 0 0 0.8 k 0 Tw 11.5 0 0 11.5 99.2126 617.2631 Tm [(\(w\) )-631.5 (Income tax \(Continued\))]TJ 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.034 Tc 0.086 Tw 10.5 0 0 10.5 127.5591 585.2631 Tm [(Current)6.2 ( )0.5 (tax)6.2 ( balances)6.2 ( and)6.2 ( )0.5 (deferred)6.2 ( )0.5 (tax)6.2 ( balances)6.2 (,)6.2 ( and)6.2 ( movements)6.2 ( )0.5 (therein)6.2 (,)6.2 ( )0.5 (are)6.2 ( )]TJ 0.028 Tc 0.023 Tw 0 -1.524 TD (presented separately from each other and are not offset. Current tax ass\ets are )Tj 0.026 Tc 0 Tw T* [(offset against current tax liabilities, and deferred tax assets against \deferred tax)-1.8 ( )]TJ 0.028 Tc 0.086 Tw T* [(liabilities, )0.5 (if the )0.5 (Company )0.5 (or )0.5 (the Group has )0.5 (the legally enforceable right to )0.5 (set )]TJ 0.081 Tw T* (off current tax assets against current tax liabilities and the following\ additional )Tj 0 Tw T* (conditions are met:)Tj /C0_0 1 Tf 0 Tc 0 -3.048 TD <00D1>Tj /T1_2 1 Tf 0.028 Tc 0.015 Tw 1.028 0 Td [( )-1350.9 (in )0.5 (the )0.5 (case of )0.5 (current )0.5 (tax assets )0.5 (and )0.5 (liabilities, the )0.5 (Company )0.5 (or the )0.5 (Group )]TJ 0.005 Tw 1.672 -1.524 Td (intends either to settle on a net basis, or to realise the asset and set\tle the )Tj 0 Tw 0 -1.524 TD (liability simultaneously; or)Tj /C0_0 1 Tf 0 Tc -2.7 -3.048 Td <00D1>Tj /T1_2 1 Tf 0.031 Tc 0.089 Tw 1.028 0 Td [( )-1273.9 (in)3.2 ( )0.5 (the)3.2 ( )0.5 (case)3.2 ( )0.5 (of)3.2 ( )0.5 (deferred)3.2 ( tax)3.2 ( )0.5 (assets)3.2 ( )0.5 (and)3.3 ( liabilities)3.2 (,)3.2 ( )0.5 (if)3.2 ( )0.5 (they)3.2 ( relate)3.2 ( )0.5 (to)3.2 ( )0.5 (income)3.2 ( )]TJ 0.028 Tc 0 Tw 1.672 -1.524 Td (tax levied by the same taxation authority on either:)Tj /C0_0 1 Tf 0 Tc 0 -3.048 TD <00D1>Tj /T1_2 1 Tf 0.028 Tc 1.028 0 Td [( )-1365.9 (the same taxable entity; 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Deferred tax assets and liabilities are not discounted\.)Tj 0.036 Tw 0 -3.048 TD (The carrying amount of a deferred tax asset is reviewed at the end of re\porting )Tj 0.075 Tw 0 -1.524 TD (period and is reduced to the extent that it is no longer probable that s\ufficient )Tj 0.04 Tc 0.08 Tw T* [(taxable)12.2 ( profits)12.2 ( )0.5 (will)12.2 ( )0.5 (be)12.2 ( )0.5 (available)12.2 ( )0.5 (to)12.2 ( allow)12.2 ( the)12.2 ( related)12.2 ( )0.5 (tax)12.2 ( )0.5 (benefit)12.2 ( to)12.2 ( )0.5 (be)12.2 ( )0.5 (utilised)12.2 (.)12.2 ( )]TJ 0.054 Tc 0.077 Tw T* [(A)0.5 (n)0.6 (y)14.4 ( s)0.5 (u)0.5 (c)0.6 (h)14.4 ( r)0.6 (e)0.5 (d)0.6 (u)0.5 (c)0.6 (t)0.5 (i)0.6 (o)0.6 (n)14.4 ( i)0.5 (s)14.5 ( r)0.5 (e)0.6 (v)0.6 (e)0.5 (r)0.6 (s)0.5 (e)0.6 (d)14.4 ( t)0.5 (o)14.5 ( t)0.6 (h)0.5 (e)14.4 ( e)0.6 (x)0.5 (t)0.6 (e)0.5 (n)0.6 (t)14.4 ( t)0.6 (h)0.5 (a)0.6 (t)14.4 ( i)0.6 (t)14.4 ( b)0.6 (e)0.5 (c)0.6 (o)0.5 (m)0.6 (e)0.5 (s)14.5 ( p)0.5 (r)0.6 (o)0.5 (b)0.6 (a)0.5 (b)0.6 (l)0.5 (e)14.5 ( t)0.5 (h)0.6 (a)0.5 (t)26.2 ( )]TJ 0.028 Tc 0 Tw T* (sufficient taxable profits will be available.)Tj 0.075 Tc 0.077 Tw 0 -3.048 TD [(Ad)0.5 (di)0.5 (ti)0.5 (on)0.5 (al)14.4 ( inc)0.5 (om)0.5 (e)14.3 ( t)0.5 (axe)0.5 (s)14.3 ( th)0.5 (at)14.4 ( ari)0.5 (se)14.4 ( fr)0.5 (om)14.4 ( t)0.5 (he)14.4 ( di)0.5 (str)0.5 (i)0.5 (but)0.5 (io)0.5 (n)14.3 ( of)14.4 ( di)0.5 (vi)0.5 (de)0.5 (nds)14.4 ( ar)0.5 (e)47.2 ( )]TJ 0.028 Tc 0 Tw 0 -1.524 TD (recognised when the liability to pay the related dividends is recognised\.)Tj ET endstreamendobj818 0 obj<>endobj815 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 536.9537 33.8036 Tm (243)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0.113 Tc 0.077 Tw 14 0 0 14 70.8661 670.2631 Tm [(2)85.2 ( )-972.9 (SU)0.5 (MM)0.5 (A)0.5 (RY)14.4 ( OF)14.4 ( S)0.5 (IG)0.5 (NI)0.5 (F)0.5 (IC)0.5 (A)0.5 (NT)14.4 ( A)0.5 (CC)0.5 (OU)0.5 (N)0.5 (TI)0.5 (N)0.5 (G)14.3 ( P)0.5 (OL)0.5 (IC)0.5 (I)0.5 (ES)85.2 ( )]TJ 0.028 Tc -0.028 Tw 2.025 -1.357 Td (\(Continued\))Tj 0 0 0 0.8 k 0 Tw 11.5 0 0 11.5 99.2126 617.2631 Tm [(\(w\) )-631.5 (Income tax)]TJ 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.033 Tc 0.071 Tw 10.5 0 0 10.5 127.5591 585.2631 Tm (Income tax for the year comprises current tax and movements in deferred \tax )Tj 0.041 Tc 0.084 Tw 0 -1.524 TD [(assets)8.2 ( )0.5 (and)8.2 ( liabilities)8.3 (.)8.1 ( )0.5 (Current)8.3 ( tax)8.2 ( )0.5 (and)8.2 ( movements)8.2 ( in)8.3 ( deferred)8.3 ( tax)8.2 ( )0.5 (assets)8.2 ( and)8.2 ( )]TJ 0.037 Tc 0.088 Tw T* [(liabilities)4.2 ( )0.5 (are)4.2 ( recognised)4.2 ( )0.5 (in)4.2 ( profit)4.2 ( or)4.2 ( )0.5 (loss)4.2 ( )0.5 (except)4.2 ( )0.5 (to)4.2 ( the)4.2 ( )0.5 (extent)4.2 ( that)4.2 ( )0.5 (they)4.2 ( )0.5 (relate)4.2 ( )]TJ 0.052 Tc 0.077 Tw T* [(to)14.3 ( i)0.5 (tems)14.3 ( re)0.5 (cogn)0.5 (ised)14.4 ( i)0.5 (n)14.3 ( o)0.5 (ther)14.4 ( c)0.5 (ompr)0.5 (ehens)0.5 (ive)14.3 ( inc)0.5 (ome)14.3 ( or)14.4 ( d)0.5 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0.068 Tc 0 -1.524 TD [(will)13.8 ( have)13.9 ( no)13.9 ( legal)13.9 ( or)13.9 ( constructive)13.8 ( obligation)13.9 ( to)13.9 ( pay)13.9 ( further)13.9 ( amounts)13.8 (.)35.2 ( )]TJ 0.071 Tc 0 -1.524 TD [(Obligations)14.1 ( )0.5 (for)14.2 ( the)14.2 ( statutory)14.2 ( defined)14.2 ( contribution)14.1 ( pension)14.1 ( plans)14.2 ( are)38.2 ( )]TJ 0.033 Tc 0 Tw T* (recognised as an expense in profit or loss when they are due.)Tj /T1_1 1 Tf 0.028 Tc -2.7 -3.048 Td [(\(ii\) )-1060.5 (Termination benefits)]TJ /T1_2 1 Tf 0.056 Tc 0.078 Tw 2.7 -3.048 Td [(Termination)13.8 ( benefits)13.8 ( are)13.8 ( recognised)13.8 ( when)13.8 (,)13.8 ( and)13.8 ( only)13.8 ( when)13.8 (,)13.8 ( the)13.8 ( Group)23.2 ( )]TJ 0.075 Tc T* [(demonstrably)13.9 ( commits)13.9 ( itself)13.9 ( to)13.9 ( terminate)13.9 ( employment)13.9 ( or)13.9 ( to)13.9 ( provide)42.2 ( )]TJ 0.033 Tc 0.068 Tw T* (benefits as a result of voluntary redundancy by having a detailed formal\ )Tj 0 Tw T* (plan which is without realistic possibility of withdrawal.)Tj ET endstreamendobj814 0 obj<>endobj811 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 536.9537 33.8036 Tm (241)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0.113 Tc 0.077 Tw 14 0 0 14 70.8661 670.2631 Tm [(2)85.2 ( )-972.9 (SU)0.5 (MM)0.5 (A)0.5 (RY)14.4 ( OF)14.4 ( S)0.5 (IG)0.5 (NI)0.5 (F)0.5 (IC)0.5 (A)0.5 (NT)14.4 ( A)0.5 (CC)0.5 (OU)0.5 (N)0.5 (TI)0.5 (N)0.5 (G)14.3 ( P)0.5 (OL)0.5 (IC)0.5 (I)0.5 (ES)85.2 ( )]TJ 0.028 Tc -0.028 Tw 2.025 -1.357 Td (\(Continued\))Tj 0 0 0 0.8 k 0 Tw 11.5 0 0 11.5 99.2126 617.2631 Tm [(\(s\) )-853.5 (Inventories \(Continued\))]TJ 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.089 Tc 0.078 Tw 10.5 0 0 10.5 127.5591 585.2631 Tm [(When)13.7 ( inventories)13.7 ( are)13.6 ( sold)13.7 (,)13.7 ( the)13.6 ( carrying)13.7 ( amount)13.7 ( of)13.6 ( those)13.7 ( inventories)13.6 ( is)61.2 ( )]TJ 0.078 Tc 0.077 Tw 0 -1.524 TD [(r)0.5 (e)0.5 (c)0.5 (o)0.5 (g)0.5 (n)0.5 (i)0.5 (s)0.5 (e)0.5 (d)14.4 ( a)0.5 (s)14.4 ( a)0.6 (n)14.3 ( e)0.5 (x)0.5 (p)0.5 (e)0.5 (n)0.5 (se)14.4 ( i)0.5 (n)14.4 ( t)0.5 (h)0.5 (e)14.4 ( p)0.5 (e)0.5 (r)0.5 (i)0.5 (o)0.5 (d)14.4 ( i)0.5 (n)14.4 ( w)0.5 (h)0.5 (i)0.5 (c)0.5 (h)14.4 ( t)0.5 (h)0.5 (e)14.4 ( r)0.5 (e)0.5 (l)0.5 (a)0.5 (t)0.5 (e)0.5 (d)14.4 ( r)0.5 (e)0.5 (v)0.5 (en)0.5 (u)0.5 (e)14.4 ( i)0.5 (s)50.2 ( )]TJ 0.028 Tc 0.025 Tw T* (recognised. The amount of any write-down of inventories to net realisabl\e value )Tj 0.042 Tc 0.078 Tw T* [(and)13.6 ( all)13.6 ( losses)13.6 ( of)13.6 ( inventories)13.6 ( are)13.7 ( recognised)13.6 ( as)13.6 ( an)13.6 ( expense)13.6 ( in)13.6 ( the)13.6 ( period)13.6 ( the)14.2 ( )]TJ 0.051 Tc T* [(write)14.2 (-)14.3 (down)14.2 ( )0.5 (or)14.3 ( )0.5 (loss)14.3 ( )0.5 (occurs)14.3 (.)14.2 ( )0.5 (The)14.3 ( )0.5 (amount)14.3 ( )0.5 (of)14.3 ( )0.5 (any)14.3 ( )0.5 (reversal)14.3 ( )0.5 (of)14.3 ( )0.5 (any)14.3 ( )0.5 (write)14.3 (-)14.3 (down)14.3 ( )0.5 (of)23.2 ( )]TJ 0.026 Tc 0 Tw T* [(inventories is recognised as a reduction in the amount of inventories re\cognised)-1.8 ( )]TJ 0.028 Tc T* (as an expense in the period in which the reversal occurs.)Tj 0 0 0 0.8 k /GS0 gs /T1_1 1 Tf 11.5 0 0 11.5 99.2126 455.2631 Tm [(\(t\) )-1076.5 (Perpetual securities)]TJ 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.085 Tc 0.078 Tw 10.5 0 0 10.5 127.5591 423.2631 Tm [(Perpetual)13.8 ( securities)13.7 ( are)13.7 ( classified)13.7 ( as)13.8 ( equity)13.7 ( if)13.7 ( it)13.8 ( is)13.7 ( non)13.7 (-)13.8 (redeemable)13.8 (,)13.7 ( or)57.2 ( )]TJ 0.028 Tc 0.086 Tw T* (redeemable only at the issuer\222s option, and any interests and distrib\utions are )Tj 0.038 Tc 0.082 Tw T* [(discretionary)10.2 (.)10.2 ( Interests)10.2 ( and)10.2 ( )0.5 (distributions)10.2 ( on)10.2 ( )0.5 (perpetual)10.2 ( )0.5 (securities)10.2 ( )0.5 (classified)10.2 ( )0.5 (as)10.2 ( )]TJ 0.028 Tc 0 Tw T* (equity are recognised as distributions within equity.)Tj 0.054 Tw 0 -3.048 TD (Perpetual securities are classified as a liability if it is redeemable o\n a specific )Tj 0.026 Tc 0 Tw 0 -1.524 TD [(date or at the option of the holder of the note, or if any interest paym\ents are not)-1.8 ( )]TJ 0.028 Tc 0.07 Tw T* (discretionary. 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cash and \which )Tj 0.042 Tc 0.078 Tw T* [(are)13.9 ( subject)13.8 ( to)13.8 ( an)13.8 ( insignificant)13.8 ( risk)13.8 ( of)13.8 ( changes)13.8 ( in)13.8 ( value)13.8 (,)13.8 ( having)13.8 ( been)13.8 ( within)13.9 ( a)14.2 ( )]TJ 0.035 Tc 0.085 Tw T* [(maturity)7.2 ( of)7.2 ( )0.5 (within)7.2 ( )0.5 (three)7.2 ( )0.5 (months)7.2 ( )0.5 (at)7.2 ( )0.5 (acquisition)7.1 (.)7.2 ( )0.5 (Cash)7.3 ( and)7.3 ( cash)7.2 ( )0.5 (equivalents)7.2 ( )0.5 (are)7.2 ( )]TJ 0.028 Tc 0 Tw T* (not restricted as to use.)Tj ET endstreamendobj812 0 obj<>endobj809 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 37.6388 33.8036 Tm (240)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0.113 Tc 0.077 Tw 14 0 0 14 70.8661 670.2631 Tm [(2)85.2 ( )-972.9 (SU)0.5 (MM)0.5 (A)0.5 (RY)14.4 ( OF)14.4 ( S)0.5 (IG)0.5 (NI)0.5 (F)0.5 (IC)0.5 (A)0.5 (NT)14.4 ( A)0.5 (CC)0.5 (OU)0.5 (N)0.5 (TI)0.5 (N)0.5 (G)14.3 ( P)0.5 (OL)0.5 (IC)0.5 (I)0.5 (ES)85.2 ( )]TJ 0.028 Tc -0.028 Tw 2.025 -1.357 Td (\(Continued\))Tj 0 0 0 0.8 k 0.033 Tw 11.5 0 0 11.5 99.2126 617.2631 Tm [(\(r\) )-987.5 (Financial liabilities \(policies under IFRS 9 applicable from 1 January \)]TJ 0 Tw 2.465 -1.565 Td (2018 and IAS 39 applicable before 1 January 2018\) \(Continued\))Tj 0 0 0 1 k /GS1 gs 10.5 0 0 10.5 127.5591 567.2631 Tm (Subsequent measurement \(Continued\))Tj /T1_2 1 Tf 0.043 Tc 0.078 Tw 0 -3.048 TD [(Derecognition)13.6 ( of)13.5 ( financial)13.5 ( liabilities)13.5 ( \()13.6 (policies)13.6 ( under)13.6 ( IFRS)13.5 ( 9)13.6 ( applicable)13.5 ( from)13.6 ( 1)15.2 ( )]TJ 0.028 Tc 0 Tw 0 -1.524 TD (January 2018 and IAS 39 applicable before 1 January 2018\) \(Continued\)\)Tj 0.071 Tc 0.077 Tw 0 -3.048 TD [(Wh)0.5 (en)14.3 ( an)14.4 ( e)0.5 (xist)0.5 (ing)14.4 ( fin)0.5 (anc)0.5 (ial)14.4 ( l)0.5 (iab)0.5 (il)0.5 (ity)14.4 ( i)0.5 (s)14.3 ( re)0.5 (pla)0.5 (ced)14.4 ( b)0.5 (y)14.3 ( ano)0.5 (ther)14.4 ( from)14.4 ( the)14.3 ( 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effective)14 ( interest)14 ( rate)14 ( method)14 ( unless)20.2 ( )]TJ 0.028 Tc 0.064 Tw T* (the effect of discounting would be immaterial, in which case they are st\ated at )Tj 0.034 Tc 0.086 Tw T* [(cost)6.2 (.)6.2 ( Gains)6.2 ( and)6.2 ( )0.5 (losses)6.2 ( )0.5 (are)6.2 ( recognised)6.2 ( in)6.2 ( )0.5 (the)6.2 ( statement)6.1 ( )0.5 (of)6.2 ( )0.5 (profit)6.2 ( )0.5 (or)6.2 ( loss)6.2 ( )0.5 (when)6.1 ( )]TJ 0.047 Tc 0.078 Tw 0 -1.524 TD [(the)13.6 ( liabilities)13.6 ( are)13.6 ( derecognised)13.6 ( as)13.6 ( well)13.6 ( as)13.6 ( through)13.6 ( the)13.6 ( effective)13.5 ( interest)13.6 ( rate)19.2 ( )]TJ 0.028 Tc 0 Tw 0 -1.524 TD (amortisation process.)Tj 0.037 Tc 0.083 Tw 0 -3.048 TD [(Amortised)9.2 ( )0.5 (cost)9.2 ( is)9.2 ( calculated)9.2 ( by)9.2 ( )0.5 (taking)9.2 ( )0.5 (into)9.2 ( account)9.2 ( )0.5 (any)9.2 ( )0.5 (discount)9.2 ( or)9.2 ( )0.5 (premium)9.2 ( )]TJ 0.028 Tc 0.01 Tw 0 -1.524 TD [(on acquisition and fees or costs that are an integral )0.5 (part of the effective interest )]TJ 0.09 Tw T* (rate. The effective interest rate amortisation is included in finance co\sts in the )Tj 0 Tw T* (statement of profit or loss.)Tj ET endstreamendobj824 0 obj<>endobj821 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 37.6388 33.8036 Tm (236)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0.113 Tc 1.05 Tw 14 0 0 14 70.8661 670.2631 Tm [(2)85.2 ( SU)0.5 (M)0.5 (MA)0.5 (RY)14.4 ( )]TJ 0.077 Tw 8.433 0 Td [(OF)14.4 ( S)0.5 (IG)0.5 (NI)0.5 (F)0.5 (IC)0.5 (AN)0.5 (T)14.4 ( AC)0.5 (C)0.5 (OU)0.5 (N)0.5 (TI)0.5 (NG)14.4 ( P)0.5 (OL)0.5 (IC)0.5 (IE)0.5 (S)85.2 ( )]TJ 0.028 Tc -0.028 Tw -6.408 -1.286 Td (\(Continued\))Tj 0 0 0 0.8 k 0 Tw 11.5 0 0 11.5 99.2126 620.2631 Tm [(\(q\) )-798.5 (Impairment of financial assets \(Continued\))]TJ 0 0 0 1 k /GS1 gs 0.07 Tc 0.077 Tw 10.5 0 0 10.5 127.5591 590.2631 Tm [(\()42.2 (i)42.2 (i)42.2 (\))42.2 ( )-941.4 (I)0.5 (m)0.5 (p)0.5 (a)0.5 (i)0.5 (r)0.5 (m)0.5 (e)0.5 (n)0.5 (t)14.4 ( o)0.6 (f)14.4 ( f)0.5 (i)0.5 (n)0.5 (a)0.5 (n)0.5 (c)0.5 (i)0.5 (a)0.5 (l)14.4 ( a)0.5 (s)0.5 (s)0.5 (e)0.5 (t)0.5 (s)14.4 ( \()14.4 (p)0.5 (o)0.5 (l)0.5 (i)0.5 (c)0.5 (i)0.5 (e)0.5 (s)14.4 ( u)0.5 (n)0.5 (d)0.5 (e)0.5 (r)14.4 ( I)0.5 (A)0.5 (S)14.4 ( 3)14.4 (9)14.4 ( a)0.5 (p)0.5 (p)0.5 (l)0.5 (i)0.5 (c)0.5 (a)0.5 (b)0.5 (l)0.5 (e)42.2 ( )]TJ 0.028 Tc 0 Tw 2.7 -1.429 Td (before 1 January 2018\) \(Continued\))Tj /T1_2 1 Tf 0.082 Tc 0.078 Tw 0 -2.857 TD [(Impairment)14.1 ( of)14.2 ( investments)14.1 ( in)14.2 ( debt)14.1 ( )0.5 (and)14.1 ( equity)14.1 ( securities)14.1 ( and)14.2 ( other)54.1 ( )]TJ 0.028 Tc 0 Tw 0 -1.429 TD (receivables \(Continued\))Tj 0.075 Tc 0.078 Tw 0 -2.857 TD [(Impairment)14.2 ( )0.5 (losses)14.2 ( )0.5 (are)14.3 ( )0.5 (written)14.2 ( )0.6 (off)14.3 ( )0.5 (against)14.3 ( )0.5 (the)14.2 ( )0.5 (corresponding)14.3 ( )0.5 (assets)47.2 ( )]TJ 0.059 Tc 0 -1.429 TD [(directly)13.7 (,)13.7 ( except)13.7 ( for)13.7 ( impairment)13.7 ( losses)13.7 ( recognised)13.7 ( in)13.7 ( respect)13.7 ( of)13.7 ( trade)31.2 ( )]TJ 0.084 Tc T* [(and)13.7 ( bills)13.6 ( receivables)13.6 ( included)13.6 ( within)13.6 ( trade)13.6 ( and)13.7 ( other)13.7 ( receivables)13.6 (,)56.2 ( )]TJ 0.037 Tc 0.083 Tw T* [(whose)9.2 ( )0.5 (recover)0.5 (y)9.2 ( is)9.2 ( )0.5 (consid)0.5 (er)0.5 (ed)9.2 ( d)0.5 (oubtful)9.2 ( )0.5 (but)9.2 ( )0.5 (not)9.2 ( rem)0.5 (ote)9.2 (.)9.2 ( In)9.2 ( )0.5 (this)9.2 ( )0.5 (case)9.2 (,)9.2 ( )0.5 (the)9.2 ( )]TJ 0.047 Tc 0.078 Tw T* [(impairment)13.5 ( losses)13.5 ( for)13.4 ( doubtful)13.5 ( debts)13.5 ( are)13.5 ( recorded)13.4 ( using)13.5 ( an)13.4 ( allowance)19.2 ( )]TJ 0.028 Tc 0.05 Tw 0 -1.429 TD (account. When the Group is satisfied that recovery is remote, the amount\ )Tj 0.059 Tw 0 -1.429 TD (considered irrecoverable is written off against trade and bills receivab\les )Tj 0.04 Tc 0.08 Tw T* [(directly)12.2 ( )0.5 (and)12.2 ( )0.5 (any)12.2 ( )0.5 (amounts)12.2 ( )0.5 (held)12.2 ( in)12.2 ( the)12.2 ( allowance)12.1 ( )0.5 (account)12.2 ( relating)12.2 ( )0.5 (to)12.2 ( )0.5 (that)12.2 ( )]TJ 0.028 Tc 0.021 Tw T* (debt are reversed. Subsequent recoveries of amounts previously charged )Tj 0.048 Tc 0.078 Tw T* [(to)13.5 ( the)13.5 ( allowance)13.6 ( account)13.5 ( are)13.5 ( reversed)13.5 ( against)13.6 ( the)13.6 ( allowance)13.6 ( account)13.6 (.)20.2 ( )]TJ 0.043 Tc T* [(Other)14 ( changes)13.9 ( in)13.9 ( the)13.9 ( allowance)13.9 ( account)13.9 ( and)13.9 ( subsequent)13.9 ( recoveries)13.9 ( of)15.2 ( )]TJ 0.028 Tc 0 Tw T* (amounts previously written off directly are recognised in profit or loss\.)Tj 0 0 0 0.8 k /GS0 gs /T1_1 1 Tf 0.033 Tw 11.5 0 0 11.5 99.2126 303.2631 Tm [(\(r\) )-987.5 (Financial liabilities \(policies under IFRS 9 applicable from 1 January \)]TJ 0 Tw 2.465 -1.478 Td (2018 and IAS 39 applicable before 1 January 2018\))Tj 0 0 0 1 k /GS1 gs 10.5 0 0 10.5 127.5591 256.2631 Tm (Initial recognition and measurement)Tj /T1_2 1 Tf 0.047 Tc 0.077 Tw 0 -2.857 TD [(Finan)0.5 (cial)14.3 ( liabi)0.5 (litie)0.5 (s)14.3 ( ar)0.5 (e)14.3 ( cl)0.5 (assifie)0.5 (d)14.3 (,)14.3 ( at)14.4 ( ini)0.5 (tial)14.3 ( recog)0.5 (nition)14.3 (,)14.3 ( as)14.3 ( financi)0.5 (al)14.3 ( liabi)0.5 (lities)19.2 ( )]TJ 0.064 Tc 0.078 Tw 0 -1.429 TD [(at)14.1 ( fair)14 ( value)14.1 ( through)14 ( profit)14 ( or)14.1 ( loss)14 (,)14.1 ( loans)14 ( and)14 ( borrowings)14.1 (,)14 ( payables)14 (,)14 ( or)14.1 ( as)36.2 ( )]TJ 0.071 Tc 0 -1.429 TD [(derivatives)13.4 ( designated)13.5 ( as)13.5 ( hedging)13.5 ( instruments)13.4 ( in)13.5 ( an)13.5 ( effective)13.5 ( hedge)13.5 (,)13.5 ( as)43.2 ( )]TJ 0.028 Tc -0.028 Tw 0 -1.429 TD (appropriate.)Tj 0.041 Tc 0.079 Tw 0 -2.857 TD [(All)13.2 ( )0.5 (financial)13.2 ( )0.5 (liabilities)13.2 ( )0.5 (are)13.2 ( )0.5 (recognised)13.3 ( initially)13.1 ( )0.5 (at)13.2 ( )0.5 (fair)13.2 ( )0.5 (value)13.2 ( )0.5 (and)13.2 (,)13.2 ( )0.5 (in)13.2 ( the)13.1 ( )0.5 (case)13.2 ( )0.5 (of)13.2 ( )]TJ 0.054 Tc 0.078 Tw 0 -1.429 TD [(loans)13.9 ( and)13.8 ( borrowings)13.8 ( and)13.8 ( payables)13.8 (,)13.9 ( net)13.8 ( of)13.8 ( directly)13.9 ( attributable)13.8 ( transaction)26.2 ( )]TJ 0.028 Tc -0.028 Tw T* (costs.)Tj 0.037 Tc 0.083 Tw 0 -2.857 TD [(The)9.2 ( Group)9.2 (\222)9.2 (s)9.2 ( )0.5 (financial)9.2 ( liabilities)9.2 ( include)9.2 ( )0.5 (borrowings)9.3 (,)9.2 ( obligations)9.2 ( )0.5 (under)9.2 ( )0.5 (finance)9.2 ( )]TJ 0.067 Tc 0.078 Tw 0 -1.429 TD [(leases)13.6 (,)13.6 ( trade)13.6 ( and)13.6 ( bills)13.6 ( payables)13.6 ( and)13.6 ( financial)13.6 ( liabilities)13.5 ( included)13.6 ( in)13.6 ( other)39.1 ( )]TJ 0.028 Tc 0 Tw T* (payables and accruals.)Tj ET endstreamendobj822 0 obj<>endobj819 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 536.9537 33.8036 Tm (235)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0.113 Tc 0.077 Tw 14 0 0 14 70.8661 670.2631 Tm [(2)85.2 ( )-972.9 (SU)0.5 (MM)0.5 (A)0.5 (RY)14.4 ( OF)14.4 ( S)0.5 (IG)0.5 (NI)0.5 (F)0.5 (IC)0.5 (A)0.5 (NT)14.4 ( A)0.5 (CC)0.5 (OU)0.5 (N)0.5 (TI)0.5 (N)0.5 (G)14.3 ( P)0.5 (OL)0.5 (IC)0.5 (I)0.5 (ES)85.2 ( )]TJ 0.028 Tc -0.028 Tw 2.025 -1.357 Td (\(Continued\))Tj 0 0 0 0.8 k 0 Tw 11.5 0 0 11.5 99.2126 617.2631 Tm [(\(q\) )-798.5 (Impairment of financial assets \(Continued\))]TJ 0 0 0 1 k /GS1 gs 0.07 Tc 0.077 Tw 10.5 0 0 10.5 127.5591 585.2631 Tm [(\()42.2 (i)42.2 (i)42.2 (\))42.2 ( )-941.4 (I)0.5 (m)0.5 (p)0.5 (a)0.5 (i)0.5 (r)0.5 (m)0.5 (e)0.5 (n)0.5 (t)14.4 ( o)0.6 (f)14.4 ( f)0.5 (i)0.5 (n)0.5 (a)0.5 (n)0.5 (c)0.5 (i)0.5 (a)0.5 (l)14.4 ( a)0.5 (s)0.5 (s)0.5 (e)0.5 (t)0.5 (s)14.4 ( \()14.4 (p)0.5 (o)0.5 (l)0.5 (i)0.5 (c)0.5 (i)0.5 (e)0.5 (s)14.4 ( u)0.5 (n)0.5 (d)0.5 (e)0.5 (r)14.4 ( I)0.5 (A)0.5 (S)14.4 ( 3)14.4 (9)14.4 ( a)0.5 (p)0.5 (p)0.5 (l)0.5 (i)0.5 (c)0.5 (a)0.5 (b)0.5 (l)0.5 (e)42.2 ( )]TJ 0.028 Tc 0 Tw 2.7 -1.524 Td (before 1 January 2018\) \(Continued\))Tj /T1_2 1 Tf 0.082 Tc 0.078 Tw 0 -3.048 TD [(Impairment)14.1 ( of)14.2 ( investments)14.1 ( in)14.2 ( debt)14.1 ( )0.5 (and)14.1 ( equity)14.1 ( securities)14.1 ( and)14.2 ( other)54.1 ( )]TJ 0.028 Tc 0 Tw 0 -1.524 TD (receivables \(Continued\))Tj 0.035 Tc 0.085 Tw 0 -3.048 TD [(If)7.2 (,)7.2 ( )0.5 (in)7.2 ( a)7.2 ( )0.5 (subsequent)7.2 ( )0.5 (period)7.2 (,)7.2 ( )0.5 (the)7.2 ( )0.5 (amount)7.2 ( )0.5 (of)7.2 ( )0.5 (an)7.2 ( )0.5 (impairment)7.2 ( )0.5 (loss)7.2 ( )0.5 (decreases)7.2 ( )]TJ 0.028 Tc 0.004 Tw 0 -1.524 TD (and the decrease can be linked objectively to an event occurring after t\he )Tj 0.053 Tw T* (impairment loss was recognised, the impairment loss is reversed through \)Tj 0.024 Tc 0 Tw T* [(pr)0.5 (ofit)0.5 ( or )0.5 (loss.)0.5 ( A )0.5 (rever)0.5 (sal )0.5 (of a)0.5 (n im)0.5 (pai)0.5 (rmen)0.5 (t lo)0.5 (ss sh)0.5 (all)0.5 ( not )0.5 (resu)0.5 (lt i)0.5 (n t)0.5 (he as)0.5 (set\222)0.5 (s)-3.8 ( )]TJ 0.028 Tc 0.089 Tw T* (carrying amount exceeding that which would have been determined had )Tj 0 Tw 0 -1.524 TD (no impairment loss been recognised in prior years.)Tj /C0_0 1 Tf 0 Tc 0 -3.048 TD <00D1>Tj /T1_2 1 Tf 0.035 Tc 0.085 Tw 1.028 0 Td [( )-1273.9 (For)7.2 ( )0.5 (available)7.2 (-)7.2 (for)7.2 (-)7.2 (sale)7.2 ( )0.5 (securities)7.2 (,)7.3 ( the)7.2 ( )0.5 (cumulative)7.2 ( )0.5 (loss)7.2 ( )0.5 (that)7.2 ( has)7.2 ( )0.5 (been)7.2 ( )]TJ 0.031 Tc 0.089 Tw 1.672 -1.524 Td [(recognised)3.2 ( )0.5 (in)3.2 ( )0.5 (the)3.2 ( )0.5 (fair)3.2 ( )0.5 (value)3.2 ( )0.5 (reserve)3.2 ( )0.5 (is)3.2 ( )0.5 (reclassified)3.3 ( to)3.2 ( profit)3.2 ( )0.5 (or)3.2 ( )0.5 (loss)3.2 (.)3.2 ( )]TJ 0.028 Tc 0.011 Tw 0 -1.524 TD (The amount of the cumulative loss that is recognised in profit or loss )Tj 0.033 Tc 0.087 Tw T* [(i)0.6 (s)5.2 ( t)0.6 (h)0.5 (e)5.2 ( )0.5 (d)0.6 (i)0.5 (f)0.6 (f)0.5 (e)0.6 (r)0.5 (e)0.6 (n)0.5 (c)0.6 (e)5.2 ( )0.5 (b)0.5 (e)0.6 (t)0.5 (w)0.6 (e)0.5 (e)0.6 (n)5.2 ( )0.5 (t)0.5 (h)0.6 (e)5.2 ( a)0.6 (c)0.5 (q)0.6 (u)0.5 (i)0.6 (s)0.6 (i)0.5 (t)0.6 (i)0.5 (o)0.6 (n)5.2 ( )0.5 (c)0.5 (o)0.6 (s)0.5 (t)5.2 ( )0.5 (\()5.2 (n)0.5 (e)0.6 (t)5.2 ( )0.5 (o)0.5 (f)5.2 ( )0.5 (a)0.5 (n)0.6 (y)5.2 ( )0.5 (p)0.5 (r)0.6 (i)0.5 (n)0.6 (c)0.5 (i)0.6 (p)0.6 (a)0.5 (l)5.2 ( )]TJ 0.086 Tc 0.078 Tw T* [(repayment)14 ( and)14 ( amortisation)14 (\))14 ( and)13.9 ( current)13.9 ( fair)14 ( value)13.9 (,)14 ( less)14 ( any)58.2 ( )]TJ 0.028 Tc 0 Tw T* (impairment loss on that asset previously recognised in profit or loss.)Tj /C0_0 1 Tf 0 Tc -2.7 -3.048 Td <00D1>Tj /T1_2 1 Tf 0.096 Tc 0.078 Tw 1.028 0 Td [( )-1219.9 (Impairment)14.2 ( )0.5 (losses)14.2 ( )0.5 (recognised)14.2 ( in)14.2 ( )0.5 (profit)14.2 ( )0.5 (or)14.2 ( loss)14.2 ( in)14.2 ( )0.5 (respect)14.2 ( of)68.2 ( )]TJ 0.043 Tc 1.672 -1.524 Td [(available)13.9 (-)13.9 (for)13.8 (-)13.9 (sale)13.8 ( equity)13.8 ( securities)13.8 ( are)13.9 ( not)13.9 ( reversed)13.8 ( through)13.8 ( profit)15.2 ( )]TJ 0.028 Tc 0.071 Tw T* (or loss. Any subsequent increase in the fair value of such assets is )Tj 0 Tw T* (recognised in other comprehensive income.)Tj /C0_0 1 Tf 0 Tc -2.7 -3.048 Td <00D1>Tj /T1_2 1 Tf 0.027 Tc 1.028 0 Td [( )-1366.9 (I)0.5 (mp)0.5 (ai)0.5 (rme)0.5 (nt)0.5 ( l)0.5 (oss)0.5 (es)0.5 ( i)0.5 (n r)0.5 (esp)0.5 (ec)0.5 (t )0.5 (of )0.5 (av)0.5 (ail)0.5 (ab)0.5 (le)0.5 (-f)0.5 (or)0.5 (-sa)0.5 (le)0.5 ( d)0.5 (ebt)0.5 ( s)0.5 (ecu)0.5 (ri)0.5 (ti)0.5 (es)0.5 ( ar)0.5 (e)-0.8 ( )]TJ 0.028 Tc 0.063 Tw 1.672 -1.524 Td (reversed if the subsequent increase in fair value can be objectively )Tj 0.096 Tc 0.078 Tw T* [(related)13.6 ( to)13.6 ( an)13.5 ( event)13.5 ( occurring)13.5 ( after)13.6 ( the)13.6 ( impairment)13.5 ( loss)13.5 ( was)68.2 ( )]TJ 0.031 Tc 0.089 Tw T* [(recognised)3.2 (.)3.2 ( Reversals)3.2 ( )0.5 (of)3.2 ( )0.5 (impairment)3.2 ( losses)3.2 ( in)3.2 ( )0.5 (such)3.2 ( circumstances)3.2 ( )]TJ 0.028 Tc 0 Tw T* (are recognised in profit or loss.)Tj ET endstreamendobj820 0 obj<>endobj779 0 obj<>/ExtGState<>/Font<>/ProcSet[/PDF/Text]/XObject<>>>/TrimBox[0.0 0.0 595.276 807.874]/Type/Page>>endobj780 0 obj<>/ExtGState<>/Font<>/ProcSet[/PDF/Text]/XObject<>>>/TrimBox[0.0 0.0 595.276 807.874]/Type/Page>>endobj781 0 obj<>/ExtGState<>/Font<>/ProcSet[/PDF/Text]/XObject<>>>/TrimBox[0.0 0.0 595.276 807.874]/Type/Page>>endobj782 0 obj<>/ExtGState<>/Font<>/ProcSet[/PDF/Text]/XObject<>>>/TrimBox[0.0 0.0 595.276 807.874]/Type/Page>>endobj783 0 obj<>/ExtGState<>/Font<>/ProcSet[/PDF/Text]/XObject<>>>/TrimBox[0.0 0.0 595.276 807.874]/Type/Page>>endobj837 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 37.6388 33.8036 Tm (234)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0 Tc 0 Tw 14 0 0 14 70.8661 670.2631 Tm (2)Tj 0.113 Tc 1.05 Tw 0.584 0 Td [( SU)0.5 (MM)]TJ 0.077 Tw 4.946 0 Td [(A)0.5 (RY)14.4 ( OF)14.4 ( S)0.5 (IG)0.5 (NI)0.5 (F)0.5 (IC)0.5 (A)0.5 (NT)14.4 ( A)0.5 (CC)0.5 (OU)0.5 (N)0.5 (TI)0.5 (NG)14.4 ( P)0.5 (OL)0.5 (IC)0.5 (IE)0.5 (S)85.2 ( )]TJ 0.028 Tc -0.028 Tw -3.505 -1.25 Td (\(Continued\))Tj 0 0 0 0.8 k 0 Tw 11.5 0 0 11.5 99.2126 621.7631 Tm [(\(q\) )-798.5 (Impairment of financial assets \(Continued\))]TJ 0 0 0 1 k /GS1 gs 0.07 Tc 0.077 Tw 10.5 0 0 10.5 127.5591 592.7631 Tm [(\()42.2 (i)42.2 (i)42.2 (\))42.2 ( )-941.4 (I)0.5 (m)0.5 (p)0.5 (a)0.5 (i)0.5 (r)0.5 (m)0.5 (e)0.5 (n)0.5 (t)14.4 ( o)0.6 (f)14.4 ( f)0.5 (i)0.5 (n)0.5 (a)0.5 (n)0.5 (c)0.5 (i)0.5 (a)0.5 (l)14.4 ( a)0.5 (s)0.5 (s)0.5 (e)0.5 (t)0.5 (s)14.4 ( \()14.4 (p)0.5 (o)0.5 (l)0.5 (i)0.5 (c)0.5 (i)0.5 (e)0.5 (s)14.4 ( u)0.5 (n)0.5 (d)0.5 (e)0.5 (r)14.4 ( I)0.5 (A)0.5 (S)14.4 ( 3)14.4 (9)14.4 ( a)0.5 (p)0.5 (p)0.5 (l)0.5 (i)0.5 (c)0.5 (a)0.5 (b)0.5 (l)0.5 (e)42.2 ( )]TJ 0.028 Tc 0 Tw 2.7 -1.381 Td (before 1 January 2018\) \(Continued\))Tj /T1_2 1 Tf 0.082 Tc 0.078 Tw 0 -2.762 TD [(Impairment)14.1 ( of)14.2 ( investments)14.1 ( in)14.2 ( debt)14.1 ( )0.5 (and)14.1 ( equity)14.1 ( securities)14.1 ( and)14.2 ( other)54.1 ( )]TJ 0.028 Tc 0 Tw 0 -1.381 TD (receivables \(Continued\))Tj 0.069 Tc 0.078 Tw 0 -2.762 TD [(If)14.3 ( )0.5 (any)14.2 ( )0.6 (such)14.3 ( )0.5 (evidence)14.3 ( )0.6 (exists)14.3 (,)14.2 ( )0.6 (any)14.3 ( )0.6 (impairment)14.2 ( )0.6 (loss)14.3 ( )0.6 (is)14.2 ( )0.6 (determined)14.3 ( )0.6 (and)41.2 ( )]TJ 0.028 Tc 0 Tw 0 -1.381 TD (recognised as follows:)Tj /C0_0 1 Tf 0 Tc 0 -2.762 TD <00D1>Tj /T1_2 1 Tf 0.065 Tc 0.078 Tw 1.028 0 Td [( )-1250.8 (For)13.6 ( investments)13.7 ( in)13.6 ( associates)13.6 ( and)13.6 ( joint)13.6 ( ventures)13.6 ( accounted)13.6 ( for)37.2 ( )]TJ 0.033 Tc 0.087 Tw 1.672 -1.381 Td [(under)5.2 ( )0.5 (the)5.2 ( equity)5.2 ( method)5.2 ( )0.5 (in)5.2 ( )0.5 (the)5.2 ( )0.5 (consolidated)5.2 ( )0.5 (financial)5.2 ( )0.5 (statement)5.2 ( )0.5 (of)5.2 ( )]TJ 0.036 Tc 0.084 Tw 0 -1.381 TD [(financial)8.2 ( position)8.2 ( )0.5 (\()8.2 (see)8.2 ( )0.5 (note)8.2 ( )0.5 (2)8.2 (\()8.2 (e)8.2 (\))8.2 (\))8.2 (,)8.2 ( the)8.2 ( )0.5 (impairment)8.1 ( )0.5 (loss)8.2 ( is)8.2 ( measured)8.2 ( )]TJ 0.057 Tc 0.078 Tw 0 -1.381 TD [(by)13.9 ( comparing)14 ( the)13.9 ( recoverable)13.9 ( amount)13.9 ( of)13.9 ( the)13.9 ( investment)13.9 ( with)13.9 ( its)29.2 ( )]TJ 0.022 Tc 0 Tw T* [(carrying amount in accordance with note 2\(n\). The impairment loss is)-5.8 ( )]TJ 0.021 Tc T* [(reversed if there has been a favourable change in the estimates used)-6.8 ( )]TJ 0.028 Tc 0 -1.381 TD (to determine the recoverable amount in accordance with note 2\(n\).)Tj /C0_0 1 Tf 0 Tc -2.7 -2.762 Td <00D1>Tj /T1_2 1 Tf 0.031 Tc 0.089 Tw 1.028 0 Td [( )-1273.9 (For)3.2 ( )0.5 (unquoted)3.2 ( )0.5 (equity)3.2 ( )0.5 (securities)3.3 ( carried)3.2 ( )0.5 (at)3.2 ( )0.5 (cost)3.2 (,)3.2 ( )0.5 (the)3.3 ( impairment)3.2 ( loss)3.2 ( )]TJ 0.035 Tc 0.085 Tw 1.672 -1.381 Td [(is)7.3 ( measured)7.2 ( )0.5 (as)7.2 ( )0.5 (the)7.2 ( )0.5 (difference)7.2 ( )0.5 (between)7.2 ( the)7.2 ( )0.5 (carrying)7.2 ( )0.5 (amount)7.2 ( )0.5 (of)7.2 ( )0.5 (the)7.2 ( )]TJ 0.039 Tc 0.081 Tw T* [(financial)11.2 ( )0.5 (asset)11.2 ( )0.5 (and)11.3 ( the)11.2 ( estimated)11.3 ( future)11.2 ( )0.5 (cash)11.2 ( flows)11.2 (,)11.2 ( discounted)11.2 ( )0.5 (at)11.2 ( )]TJ 0.032 Tc 0.088 Tw 0 -1.381 TD [(the)4.2 ( current)4.2 ( )0.5 (market)4.2 ( )0.5 (rate)4.2 ( )0.5 (of)4.2 ( return)4.2 ( for)4.2 ( )0.5 (a)4.2 ( similar)4.2 ( financial)4.2 ( )0.5 (asset)4.2 ( )0.5 (where)4.2 ( )]TJ 0.046 Tc 0.078 Tw T* [(the)13.7 ( effect)13.7 ( of)13.7 ( discounting)13.7 ( is)13.8 ( material)13.8 (.)13.7 ( Impairment)13.7 ( losses)13.7 ( for)13.8 ( equity)18.2 ( )]TJ 0.028 Tc 0 Tw T* (securities carried at cost are not reversed.)Tj /C0_0 1 Tf 0 Tc -2.7 -2.762 Td <00D1>Tj /T1_2 1 Tf 0.039 Tc 0.081 Tw 1.028 0 Td [( )-1273.9 (For)11.3 ( trade)11.2 ( and)11.2 ( )0.5 (other)11.2 ( )0.5 (current)11.2 ( receivables)11.2 ( )0.5 (and)11.2 ( )0.5 (other)11.2 ( )0.5 (financial)11.2 ( assets)11.2 ( )]TJ 1.672 -1.381 Td [(carried)11.2 ( at)11.2 ( )0.5 (amortised)11.2 ( cost)11.2 (,)11.2 ( )0.5 (the)11.2 ( )0.5 (impairment)11.2 ( loss)11.2 ( is)11.2 ( )0.5 (measured)11.2 ( )0.5 (as)11.2 ( )0.5 (the)11.2 ( )]TJ 0.055 Tc 0.078 Tw T* [(difference)14.1 ( between)14.1 ( the)14 ( asset)14.1 (\222)14.1 (s)14.1 ( carrying)14.1 ( amount)14.1 ( and)14 ( the)14.1 ( present)27.2 ( )]TJ 0.077 Tw T* [(v)0.5 (a)0.5 (l)0.5 (u)0.5 (e)14.4 ( o)0.5 (f)14.4 ( e)0.5 (s)0.5 (t)0.5 (i)0.5 (m)0.5 (a)0.5 (t)0.5 (e)0.5 (d)14.5 ( f)0.5 (u)0.5 (t)0.5 (u)0.5 (r)0.5 (e)14.4 ( c)0.5 (a)0.5 (s)0.5 (h)14.4 ( f)0.5 (l)0.5 (o)0.5 (w)0.6 (s)14.4 (,)14.4 ( d)0.5 (i)0.5 (s)0.5 (c)0.5 (o)0.5 (u)0.5 (n)0.5 (t)0.5 (e)0.5 (d)14.4 ( a)0.5 (t)14.4 ( t)0.5 (h)0.5 (e)14.4 ( f)0.5 (i)0.5 (n)0.5 (a)0.5 (n)0.5 (c)0.5 (i)0.5 (a)0.5 (l)27.2 ( )]TJ 0.028 Tc 0.092 Tw 0 -1.381 TD [(asset\222s )0.5 (original )0.5 (effective )0.5 (interest rate )0.5 (\(i.e. )0.5 (the )0.5 (effective interest )0.5 (rate )]TJ 0.082 Tw 0 -1.381 TD (computed at initial recognition of these assets\), where the effect of )Tj 0.055 Tw T* (discounting is material. This assessment is made collectively where )Tj 0.056 Tc 0.077 Tw T* [(t)0.5 (he)0.5 (se)14.4 ( fi)0.5 (na)0.5 (nc)0.5 (i)0.5 (al)14.4 ( a)0.5 (ss)0.5 (et)0.5 (s)14.3 ( s)0.5 (ha)0.5 (r)0.5 (e)14.3 ( s)0.5 (i)0.5 (mi)0.5 (la)0.5 (r)14.4 ( ri)0.5 (s)0.5 (k)14.3 ( c)0.5 (ha)0.5 (ra)0.5 (ct)0.5 (er)0.5 (i)0.5 (st)0.5 (i)0.5 (cs)14.4 (,)14.3 ( s)0.5 (uc)0.5 (h)14.3 ( a)0.5 (s)28.2 ( )]TJ 0.028 Tc 0.038 Tw 0 -1.381 TD (similar past due status, and have not been individually assessed as )Tj 0.049 Tw 0 -1.381 TD (impaired. Future cash flows for financial assets which are assessed )Tj 0.034 Tc 0.086 Tw T* [(for)6.2 ( impairment)6.2 ( )0.5 (collectively)6.2 ( )0.5 (are)6.2 ( )0.5 (based)6.2 ( )0.5 (on)6.2 ( historical)6.2 ( )0.5 (loss)6.2 ( experience)6.2 ( )]TJ 0.051 Tc 0.078 Tw T* [(for)13.7 ( assets)13.7 ( with)13.7 ( credit)13.8 ( risk)13.7 ( characteristics)13.7 ( similar)13.8 ( to)13.7 ( the)13.7 ( collective)23.2 ( )]TJ 0.028 Tc -0.028 Tw 0 -1.476 TD (group.)Tj ET endstreamendobj838 0 obj<>endobj835 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 536.9537 33.8036 Tm (233)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0.113 Tc 0.077 Tw 14 0 0 14 70.8661 670.2631 Tm [(2)85.2 ( )-972.9 (SU)0.5 (MM)0.5 (A)0.5 (RY)14.4 ( OF)14.4 ( S)0.5 (IG)0.5 (NI)0.5 (F)0.5 (IC)0.5 (A)0.5 (NT)14.4 ( A)0.5 (CC)0.5 (OU)0.5 (N)0.5 (TI)0.5 (N)0.5 (G)14.3 ( P)0.5 (OL)0.5 (IC)0.5 (I)0.5 (ES)85.2 ( )]TJ 0.028 Tc -0.028 Tw 2.025 -1.357 Td (\(Continued\))Tj 0 0 0 0.8 k 0 Tw 11.5 0 0 11.5 99.2126 617.2631 Tm [(\(q\) )-798.5 (Impairment of financial assets \(Continued\))]TJ 0 0 0 1 k /GS1 gs 0.07 Tc 0.077 Tw 10.5 0 0 10.5 127.5591 585.2631 Tm [(\()42.2 (i)42.2 (i)42.2 (\))42.2 ( )-941.4 (I)0.5 (m)0.5 (p)0.5 (a)0.5 (i)0.5 (r)0.5 (m)0.5 (e)0.5 (n)0.5 (t)14.4 ( o)0.6 (f)14.4 ( f)0.5 (i)0.5 (n)0.5 (a)0.5 (n)0.5 (c)0.5 (i)0.5 (a)0.5 (l)14.4 ( a)0.5 (s)0.5 (s)0.5 (e)0.5 (t)0.5 (s)14.4 ( \()14.4 (p)0.5 (o)0.5 (l)0.5 (i)0.5 (c)0.5 (i)0.5 (e)0.5 (s)14.4 ( u)0.5 (n)0.5 (d)0.5 (e)0.5 (r)14.4 ( I)0.5 (A)0.5 (S)14.4 ( 3)14.4 (9)14.4 ( a)0.5 (p)0.5 (p)0.5 (l)0.5 (i)0.5 (c)0.5 (a)0.5 (b)0.5 (l)0.5 (e)42.2 ( )]TJ 0.028 Tc 0 Tw 2.7 -1.524 Td (before 1 January 2018\))Tj /T1_2 1 Tf 0.082 Tc 0.078 Tw 0 -3.048 TD [(Impairment)14.1 ( of)14.2 ( investments)14.1 ( in)14.2 ( debt)14.1 ( )0.5 (and)14.1 ( equity)14.1 ( securities)14.1 ( and)14.2 ( other)54.1 ( )]TJ 0.028 Tc -0.028 Tw 0 -1.524 TD (receivables)Tj 0.057 Tc 0.078 Tw 0 -3.048 TD [(Investments)13.5 ( in)13.5 ( debt)13.5 ( and)13.5 ( equity)13.5 ( securities)13.5 ( and)13.5 ( other)13.6 ( current)13.5 ( and)13.5 ( non)13.5 (-)]TJ 0.072 Tc 0 -1.524 TD [(current)13.9 ( receivables)13.9 ( that)13.9 ( are)13.9 ( stated)13.9 ( at)13.9 ( cost)13.9 ( or)13.9 ( amortised)13.9 ( cost)13.9 ( or)13.9 ( are)44.2 ( )]TJ 0.066 Tc T* [(classified)13.7 ( as)13.7 ( available)13.7 (-)13.7 (for)13.7 (-)13.7 (sale)13.7 ( securities)13.7 ( are)13.7 ( reviewed)13.7 ( at)13.7 ( the)13.8 ( end)13.7 ( of)38.2 ( )]TJ 0.04 Tc 0.08 Tw T* [(each)12.2 ( )0.5 (reporting)12.2 ( )0.5 (period)12.2 ( to)12.2 ( )0.5 (determine)12.2 ( )0.5 (whether)12.2 ( )0.5 (there)12.2 ( is)12.2 ( )0.5 (objective)12.2 ( )0.5 (evidence)12.2 ( )]TJ 0.055 Tc 0.077 Tw T* [(o)0.5 (f)14.4 ( i)0.5 (m)0.5 (pa)0.5 (i)0.5 (r)0.5 (m)0.5 (en)0.5 (t)14.4 (.)14.4 ( O)0.5 (bj)0.5 (e)0.5 (c)0.5 (t)0.5 (iv)0.5 (e)14.4 ( e)0.5 (v)0.5 (i)0.5 (d)0.5 (en)0.5 (c)0.5 (e)14.4 ( o)0.5 (f)14.3 ( i)0.5 (mp)0.5 (a)0.5 (i)0.5 (r)0.5 (m)0.5 (en)0.5 (t)14.4 ( i)0.5 (n)0.5 (cl)0.5 (u)0.5 (d)0.5 (e)0.5 (s)14.3 ( o)0.5 (bs)0.5 (e)0.5 (r)0.5 (va)0.5 (b)0.5 (l)0.5 (e)27.2 ( )]TJ 0.042 Tc 0.078 Tw 0 -1.524 TD [(data)13.9 ( that)13.8 ( comes)13.8 ( to)13.8 ( the)13.8 ( attention)13.7 ( of)13.9 ( the)13.8 ( Group)13.8 ( about)13.8 ( one)13.8 ( or)13.8 ( more)13.8 ( of)13.8 ( the)14.2 ( )]TJ 0.028 Tc 0 Tw 0 -1.524 TD (following loss events:)Tj /C0_0 1 Tf 0 Tc 0 -3.048 TD <00D1>Tj /T1_2 1 Tf 0.028 Tc 1.028 0 Td [( )-1365.9 (significant financial difficulty of the debtor;)]TJ /C0_0 1 Tf 0 Tc -1.028 -3.048 Td <00D1>Tj /T1_2 1 Tf 0.028 Tc 0.041 Tw 1.028 0 Td [( )-1324.9 (a breach of contract, such as a default or delinquency in interest or )]TJ 0 Tw 1.672 -1.524 Td (principal payments;)Tj /C0_0 1 Tf 0 Tc -2.7 -3.048 Td <00D1>Tj /T1_2 1 Tf 0.057 Tc 0.078 Tw 1.028 0 Td [( )-1258.8 (it)14.1 ( is)14 ( becoming)14.1 ( probable)14.1 ( that)14.1 ( the)14.1 ( debtor)14 ( will)14 ( enter)14 ( bankruptcy)14.1 ( or)29.3 ( )]TJ 0.028 Tc 0 Tw 1.672 -1.524 Td (other financial reorganisation;)Tj /C0_0 1 Tf 0 Tc -2.7 -3.048 Td <00D1>Tj /T1_2 1 Tf 0.028 Tc 0.082 Tw 1.028 0 Td [( )-1283.9 (significant changes in the technological, market, economic or legal )]TJ 0 Tw 1.672 -1.524 Td (environment that have an adverse effect on the debtor; and)Tj /C0_0 1 Tf 0 Tc -2.7 -3.048 Td <00D1>Tj /T1_2 1 Tf 0.028 Tc 0.075 Tw 1.028 0 Td [( )-1290.9 (a significant or prolonged decline in the fair value of an investment )]TJ 0 Tw 1.672 -1.524 Td (in an equity investment below its cost.)Tj ET endstreamendobj836 0 obj<>endobj833 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 37.6388 33.8036 Tm (232)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0.113 Tc 0.077 Tw 14 0 0 14 70.8661 670.2631 Tm [(2)85.2 ( )-972.9 (SU)0.5 (MM)0.5 (A)0.5 (RY)14.4 ( OF)14.4 ( S)0.5 (IG)0.5 (NI)0.5 (F)0.5 (IC)0.5 (A)0.5 (NT)14.4 ( A)0.5 (CC)0.5 (OU)0.5 (N)0.5 (TI)0.5 (N)0.5 (G)14.3 ( P)0.5 (OL)0.5 (IC)0.5 (I)0.5 (ES)85.2 ( )]TJ 0.028 Tc -0.028 Tw 2.025 -1.357 Td (\(Continued\))Tj 0 0 0 0.8 k 0 Tw 11.5 0 0 11.5 99.2126 617.2631 Tm [(\(q\) )-798.5 (Impairment of financial assets \(Continued\))]TJ 0 0 0 1 k /GS1 gs 10.5 0 0 10.5 127.5591 585.2631 Tm [(\(i\) )-1366.3 (Policies under IFRS 9 applicable from 1 January 2018 \(Continued\))]TJ /T1_2 1 Tf 2.7 -3.048 Td (Simplified approach)Tj 0.012 Tw 0 -3.048 TD (For trade receivables and contract assets that do not contain a signific\ant )Tj 0.032 Tc 0.088 Tw 0 -1.524 TD [(financing)4.2 ( )0.5 (component)4.2 ( )0.5 (or)4.2 ( )0.5 (when)4.2 ( the)4.2 ( )0.5 (Group)4.2 ( )0.5 (applies)4.2 ( )0.5 (the)4.2 ( practical)4.2 ( )0.5 (expedient)4.2 ( )]TJ 0.028 Tc 0.012 Tw T* (of not adjusting the effect of a significant financing component, the Gr\oup )Tj 0.059 Tw T* (applies the simplified approach in calculating ECLs. Under the simplifie\d )Tj 0.042 Tc 0.078 Tw T* [(approach)13.8 (,)13.8 ( the)13.7 ( Group)13.8 ( does)13.8 ( not)13.8 ( track)13.8 ( changes)13.8 ( in)13.7 ( credit)13.7 ( risk)13.8 (,)13.8 ( but)13.7 ( instead)14.2 ( )]TJ 0.049 Tc T* [(recognises)14 ( a)13.9 ( loss)14 ( allowance)14 ( based)14 ( on)13.9 ( lifetime)13.9 ( ECLs)14 ( at)14 ( each)14 ( reporting)21.2 ( )]TJ 0.039 Tc 0.081 Tw T* [(d)0.5 (a)0.5 (t)0.5 (e)11.2 (.)11.2 ( T)0.5 (h)0.5 (e)11.2 ( )0.5 (G)0.5 (r)0.5 (o)0.5 (u)0.5 (p)11.2 ( h)0.5 (a)0.5 (s)11.2 ( )0.5 (e)0.5 (st)0.5 (a)0.5 (b)0.5 (l)0.5 (i)0.5 (s)0.5 (h)0.5 (e)0.5 (d)11.2 ( )0.5 (a)11.2 ( p)0.5 (r)0.5 (o)0.5 (v)0.5 (i)0.5 (s)0.5 (i)0.5 (o)0.5 (n)11.2 ( )0.5 (m)0.5 (a)0.5 (t)0.5 (r)0.5 (i)0.5 (x)11.2 ( t)0.5 (h)0.5 (a)0.5 (t)11.2 ( )0.5 (i)0.5 (s)11.2 ( b)0.5 (a)0.5 (s)0.5 (e)0.5 (d)11.2 ( )0.5 (o)0.5 (n)11.2 ( i)0.5 (t)0.5 (s)11.2 ( )]TJ 0.058 Tc 0.078 Tw 0 -1.524 TD [(historical)13.8 ( credit)13.8 ( loss)13.7 ( experience)13.7 (,)13.8 ( adjusted)13.8 ( for)13.8 ( forward)13.8 (-)13.7 (looking)13.7 ( factors)30.2 ( )]TJ 0.028 Tc 0 Tw 0 -1.524 TD (specific to the debtors and the economic environment.)Tj 0.058 Tc 0.078 Tw 0 -3.048 TD [(For)13.7 ( trade)13.6 ( receivables)13.7 (,)13.7 ( the)13.7 ( Group)13.7 ( chooses)13.6 ( as)13.7 ( its)13.7 ( accounting)13.7 ( policy)13.7 ( to)30.2 ( )]TJ 0.078 Tc 0 -1.524 TD [(adopt)13.9 ( the)14 ( simplified)14 ( approach)13.9 ( in)13.9 ( calculating)14 ( ECLs)13.9 ( with)14 ( policies)14 ( as)50.2 ( )]TJ 0.028 Tc 0 Tw T* (described above.)Tj ET endstreamendobj834 0 obj<>endobj831 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 536.9537 33.8036 Tm (231)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0.113 Tc 0.077 Tw 14 0 0 14 70.8661 670.2631 Tm [(2)85.2 ( )-972.9 (SU)0.5 (MM)0.5 (A)0.5 (RY)14.4 ( OF)14.4 ( S)0.5 (IG)0.5 (NI)0.5 (F)0.5 (IC)0.5 (A)0.5 (NT)14.4 ( A)0.5 (CC)0.5 (OU)0.5 (N)0.5 (TI)0.5 (N)0.5 (G)14.3 ( P)0.5 (OL)0.5 (IC)0.5 (I)0.5 (ES)85.2 ( )]TJ 0.028 Tc -0.028 Tw 2.025 -1.357 Td (\(Continued\))Tj 0 0 0 0.8 k 0 Tw 11.5 0 0 11.5 99.2126 617.2631 Tm [(\(q\) )-798.5 (Impairment of financial assets \(Continued\))]TJ 0 0 0 1 k /GS1 gs 10.5 0 0 10.5 127.5591 585.2631 Tm [(\(i\) )-1366.3 (Policies under IFRS 9 applicable from 1 January 2018 \(Continued\))]TJ /T1_2 1 Tf 2.7 -3.238 Td (General approach)Tj 0 0 0 0.8 k /GS0 gs /T1_1 1 Tf 0 Tc 11.5 0 0 11.5 246.3604 551.2631 Tm ( )Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.028 Tc -0.028 Tw 10.5 0 0 10.5 249.877 551.2631 Tm (\(Continued\))Tj 0 Tw -8.95 -3.048 Td (Stage 1)Tj 6.346 0 Td ( \226 )Tj 0.091 Tc 0.078 Tw 1.753 0 Td [(Financial)14.1 ( instruments)14.1 ( for)14.1 ( which)14.1 ( credit)14.1 ( risk)14.1 ( has)14.1 ( not)63.2 ( )]TJ 0.048 Tc 0.077 Tw 0 -1.524 TD [(i)0.5 (n)0.5 (c)0.5 (r)0.5 (e)0.5 (a)0.5 (s)0.5 (e)0.5 (d)14.4 ( s)0.5 (i)0.5 (g)0.5 (n)0.5 (i)0.5 (f)0.5 (i)0.6 (ca)0.5 (n)0.6 (tl)0.6 (y)14.4 ( s)0.5 (i)0.5 (n)0.5 (c)0.5 (e)14.4 ( i)0.5 (n)0.5 (i)0.5 (t)0.5 (i)0.5 (a)0.5 (l)14.5 ( r)0.5 (e)0.5 (c)0.5 (o)0.5 (g)0.5 (n)0.5 (i)0.5 (t)0.5 (i)0.6 (on)14.5 ( a)0.5 (n)0.5 (d)14.4 ( f)0.5 (o)0.5 (r)20.2 ( )]TJ 0.072 Tc 0.078 Tw T* [(which)13.6 ( the)13.6 ( loss)13.4 ( allowance)13.5 ( is)13.5 ( measured)13.5 ( at)13.5 ( an)13.5 ( amount)44.2 ( )]TJ 0.028 Tc 0 Tw T* (equal to 12-month ECLs)Tj -8.099 -3.048 Td (Stage 2)Tj 0 Tc 0.028 Tw 6.346 0 Td ( \226)Tj 0.028 Tc 0.009 Tw 1.753 0 Td [( Financial instruments )0.5 (for which credit risk has )0.5 (increased )]TJ 0.067 Tc 0.078 Tw T* [(significantly)13.6 ( since)13.5 ( initial)13.6 ( recognition)13.6 ( but)13.5 ( that)13.5 ( are)13.5 ( not)39.2 ( )]TJ 0.047 Tc 0.077 Tw T* [(cr)0.5 (ed)0.5 (it)14.4 (-)14.3 (i)0.5 (mp)0.5 (ai)0.5 (re)0.5 (d)14.3 ( f)0.5 (ina)0.5 (nc)0.5 (ia)0.5 (l)14.3 ( a)0.5 (sse)0.5 (ts)14.4 ( and)14.4 ( fo)0.5 (r)14.3 ( w)0.5 (hi)0.5 (ch)14.3 ( t)0.5 (he)14.4 ( l)0.5 (o)0.5 (ss)19.2 ( )]TJ 0.054 Tc 0.078 Tw T* [(allowance)13.9 ( is)13.9 ( measured)13.9 ( at)13.9 ( an)13.9 ( amount)13.9 ( equal)13.9 ( to)13.9 ( lifetime)26.3 ( )]TJ 0.028 Tc -0.028 Tw 0 -1.524 TD (ECLs)Tj 0 Tw -8.099 -3.048 Td (Stage 3)Tj -0.028 Tw 6.499 0 Td (\226 )Tj 0.005 Tw 1.6 0 Td ( Financial assets that are credit-impaired at the reporting )Tj 0.055 Tc 0.077 Tw 0 -1.524 TD [(date)14.3 ( \()14.3 (but)14.3 ( that)14.3 ( are)14.3 ( not)14.3 ( purchased)14.4 ( or)14.3 ( orig)0.5 (inated)14.3 ( credit)14.4 (-)]TJ 0.028 Tc 0.078 Tw T* (impaired\) and for which the loss allowance is measured )Tj 0 Tw T* (at an amount equal to lifetime ECLs)Tj ET endstreamendobj832 0 obj<>endobj829 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 37.6388 33.8036 Tm (230)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0.113 Tc 0.077 Tw 14 0 0 14 70.8661 670.2631 Tm [(2)85.2 ( )-972.9 (SU)0.5 (MM)0.5 (A)0.5 (RY)14.4 ( OF)14.4 ( S)0.5 (IG)0.5 (NI)0.5 (F)0.5 (IC)0.5 (A)0.5 (NT)14.4 ( A)0.5 (CC)0.5 (OU)0.5 (N)0.5 (TI)0.5 (N)0.5 (G)14.3 ( P)0.5 (OL)0.5 (IC)0.5 (I)0.5 (ES)85.2 ( )]TJ 0.028 Tc -0.028 Tw 2.025 -1.357 Td (\(Continued\))Tj 0 0 0 0.8 k 0 Tw 11.5 0 0 11.5 99.2126 617.2631 Tm [(\(q\) )-798.5 (Impairment of financial assets \(Continued\))]TJ 0 0 0 1 k /GS1 gs 10.5 0 0 10.5 127.5591 585.2631 Tm [(\(i\) )-1366.3 (Policies under IFRS 9 applicable from 1 January 2018 \(Continued\))]TJ /T1_2 1 Tf 2.7 -3.238 Td (General approach)Tj 0 0 0 0.8 k /GS0 gs /T1_1 1 Tf 0 Tc 11.5 0 0 11.5 246.3604 551.2631 Tm ( )Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.028 Tc -0.028 Tw 10.5 0 0 10.5 249.877 551.2631 Tm (\(Continued\))Tj 0.032 Tc 0.088 Tw -8.95 -3.048 Td [(For)4.2 ( debt)4.2 ( investments)4.2 ( )0.5 (at)4.2 ( )0.5 (fair)4.2 ( )0.5 (value)4.1 ( )0.5 (through)4.2 ( other)4.2 ( comprehensive)4.2 ( )0.5 (income)4.2 (,)4.2 ( )]TJ 0.055 Tc 0.078 Tw 0 -1.524 TD [(the)13.9 ( Group)13.9 ( applies)13.9 ( the)13.9 ( low)13.9 ( credit)13.9 ( risk)13.9 ( simplification)13.9 (.)13.9 ( At)13.9 ( each)13.9 ( reporting)27.2 ( )]TJ 0.033 Tc 0.087 Tw T* [(date)5.2 (,)5.2 ( )0.5 (the)5.2 ( )0.5 (Group)5.3 ( evaluates)5.2 ( )0.5 (whether)5.2 ( )0.5 (the)5.2 ( )0.5 (debt)5.2 ( )0.5 (investments)5.2 ( )0.5 (are)5.2 ( )0.5 (considered)5.3 ( )398 ( )]TJ 0.034 Tc 0.086 Tw T* [(to)6.2 ( )0.5 (have)6.2 ( low)6.2 ( )0.5 (credit)6.2 ( )0.5 (risk)6.2 ( )0.5 (using)6.2 ( )0.5 (all)6.2 ( )0.5 (reasonable)6.2 ( )0.5 (and)6.2 ( supportable)6.2 ( )0.5 (information)6.2 ( )]TJ 0.041 Tc 0.079 Tw T* [(that)13.2 ( )0.5 (is)13.3 ( available)13.2 ( )0.5 (without)13.2 ( )0.5 (undue)13.2 ( )0.5 (cost)13.2 ( )0.5 (or)13.2 ( )0.5 (effort)13.2 (.)13.2 ( )0.5 (In)13.2 ( making)13.2 ( )0.5 (that)13.1 ( )0.5 (evaluation)13.2 (,)13.2 ( )]TJ 0.028 Tc 0 Tw T* (the Group reassesses the external credit ratings of the debt investments\.)Tj 0.031 Tc 0.089 Tw 0 -3.048 TD [(Debt)3.2 ( investments)3.2 ( )0.5 (at)3.3 ( fair)3.2 ( )0.5 (value)3.2 ( )0.5 (through)3.2 ( )0.5 (other)3.2 ( )0.5 (comprehensive)3.2 ( income)3.2 ( )0.5 (and)3.2 ( )]TJ 0.048 Tc 0.078 Tw 0 -1.524 TD [(financial)13.6 ( assets)13.6 ( at)13.5 ( amortised)13.6 ( cost)13.6 ( are)13.6 ( subject)13.6 ( to)13.6 ( impairment)13.6 ( under)13.6 ( the)20.2 ( )]TJ 0.035 Tc 0.085 Tw 0 -1.524 TD [(general)7.2 ( )0.5 (approach)7.2 ( )0.5 (and)7.2 ( )0.5 (they)7.2 ( )0.5 (are)7.2 ( )0.5 (classified)7.2 ( )0.5 (within)7.2 ( the)7.2 ( )0.5 (following)7.2 ( )0.5 (stages)7.2 ( )0.5 (for)7.2 ( )]TJ 0.039 Tc 0.081 Tw 0 -1.524 TD [(measurement)11.3 ( of)11.2 ( )0.5 (ECLs)11.2 ( except)11.2 ( )0.5 (for)11.2 ( trade)11.2 ( )0.5 (receivables)11.3 ( and)11.2 ( )0.5 (contract)11.2 ( assets)11.2 ( )]TJ 0.028 Tc 0 Tw T* (which apply the simplified approach as detailed below:)Tj ET endstreamendobj830 0 obj<>endobj774 0 obj<>/ExtGState<>/Font<>/ProcSet[/PDF/Text]/XObject<>>>/TrimBox[0.0 0.0 595.276 807.874]/Type/Page>>endobj775 0 obj<>/ExtGState<>/Font<>/ProcSet[/PDF/Text]/XObject<>>>/TrimBox[0.0 0.0 595.276 807.874]/Type/Page>>endobj776 0 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transferred)14.1 ( substantially)14.1 ( all)14 ( the)14.1 ( risks)14.1 ( and)21.2 ( )]TJ 0.028 Tc 0.011 Tw T* (rewards of the asset, or \(b\) the Group has neither transferred nor ret\ained )Tj 0.044 Tc 0.078 Tw 0 -1.524 TD [(substantially)13.9 ( all)13.9 ( the)13.9 ( risks)13.8 ( and)13.8 ( rewards)13.8 ( of)13.8 ( the)13.9 ( asset)13.8 (,)13.8 ( but)13.8 ( has)13.8 ( transferred)16.2 ( )]TJ 0.028 Tc 0 Tw 0 -1.524 TD (control of the asset.)Tj 0.092 Tw -2.7 -3.048 Td [(When the )0.5 (Group has )0.5 (transferred )0.5 (its )0.5 (rights )0.5 (to )0.5 (receive )0.5 (cash flows )0.5 (from an asset )]TJ 0.046 Tc 0.078 Tw T* [(or)13.8 ( has)13.8 ( entered)13.8 ( into)13.9 ( a)13.8 ( pass)13.8 (-)13.8 (through)13.8 ( arrangement)13.7 (,)13.9 ( it)13.8 ( evaluates)13.8 ( if)13.8 (,)13.8 ( and)13.8 ( to)13.8 ( what)18.3 ( )]TJ 0.028 Tc 0.091 Tw T* (extent, it has retained the risk and rewards of ownership of the asset. \When it )Tj 0.041 Tc 0.079 Tw T* [(has)13.2 ( neither)13.2 ( )0.5 (transferred)13.2 ( nor)13.2 ( )0.5 (retained)13.2 ( )0.5 (substanti)0.5 (ally)13.2 ( )0.5 (all)13.3 ( the)13.2 ( risks)13.2 ( and)13.2 ( rewards)13.3 ( of)13.2 ( )]TJ 0.028 Tc 0.03 Tw T* (the asset nor transferred control of the asset, the Group continues to r\ecognise )Tj 0.002 Tw T* (the transferred asset to the extent of the Group's continuing involvemen\t. In that )Tj 0.032 Tc 0.088 Tw T* [(case)4.2 (,)4.2 ( the)4.2 ( )0.5 (Group)4.2 ( )0.5 (also)4.2 ( )0.5 (recognises)4.2 ( )0.5 (an)4.2 ( associated)4.2 ( liability)4.2 (.)4.2 ( The)4.2 ( )0.5 (transferred)4.2 ( )0.5 (asset)4.2 ( )]TJ 0.028 Tc 0.026 Tw T* (and the associated liability are measured on a basis that reflects the r\ights and )Tj 0 Tw T* (obligations that the Group has retained.)Tj 0.073 Tw 0 -3.048 TD (Continuing involvement that takes the form of a guarantee over the trans\ferred )Tj 0.048 Tw 0 -1.524 TD [(asset )0.5 (is )0.5 (measured )0.5 (at )0.5 (the )0.5 (lower )0.5 (of )0.5 (the )0.5 (original )0.5 (carrying )0.5 (amount )0.5 (of )0.5 (the )0.5 (asset )0.5 (and )]TJ 0.056 Tc 0.078 Tw T* [(the)14 ( maximum)14 ( amount)14 ( of)14 ( consideration)14 ( that)14 ( the)14 ( Group)14.1 ( could)14 ( be)14 ( required)14.1 ( to)28.2 ( )]TJ 0.028 Tc -0.028 Tw T* (repay.)Tj ET endstreamendobj846 0 obj<>endobj843 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 536.9537 33.8036 Tm (227)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0.113 Tc 0.077 Tw 14 0 0 14 70.8661 670.2631 Tm [(2)85.2 ( )-972.9 (SU)0.5 (MM)0.5 (A)0.5 (RY)14.4 ( OF)14.4 ( S)0.5 (IG)0.5 (NI)0.5 (F)0.5 (IC)0.5 (A)0.5 (NT)14.4 ( A)0.5 (CC)0.5 (OU)0.5 (N)0.5 (TI)0.5 (N)0.5 (G)14.3 ( P)0.5 (OL)0.5 (IC)0.5 (I)0.5 (ES)85.2 ( )]TJ 0.028 Tc -0.028 Tw 2.025 -1.357 Td (\(Continued\))Tj 0 0 0 0.8 k 0 Tw 11.5 0 0 11.5 99.2126 617.2631 Tm [(\(o\) )-798.5 (Investments and other financial assets \(Continued\))]TJ 0 0 0 1 k /GS1 gs 0.092 Tc 0.077 Tw 10.5 0 0 10.5 127.5591 585.2631 Tm [(\()64.2 (i)64.2 (i)64.2 (\))64.2 ( )-919.5 (I)0.5 (n)0.5 (v)0.5 (es)0.5 (t)0.5 (m)0.5 (en)0.5 (t)0.5 (s)14.4 ( a)0.5 (n)0.5 (d)14.4 ( o)0.5 (t)0.5 (h)0.5 (er)14.4 ( f)0.5 (i)0.5 (n)0.5 (a)0.5 (n)0.5 (ci)0.5 (a)0.5 (l)14.4 ( a)0.5 (s)0.5 (se)0.5 (t)0.5 (s)14.4 ( \()14.4 (p)0.5 (o)0.5 (l)0.5 (ic)0.5 (i)0.5 (e)0.5 (s)14.3 ( u)0.5 (nd)0.5 (e)0.5 (r)14.4 ( I)0.5 (A)0.5 (S)14.4 ( 3)14.4 (9)64.2 ( )]TJ 0.028 Tc 0 Tw 2.7 -1.524 Td (applicable before 1 January 2018\) \(Continued\))Tj /T1_2 1 Tf 0 -3.048 TD (Other investments in debt and equity securities \(Continued\))Tj 0.055 Tc 0.078 Tw T* [(\226)27.2 ( )-1760.9 (Investments)14 ( in)14 ( securities)14.1 ( which)14 ( do)14 ( not)14.1 ( fall)14 ( into)14 ( any)14 ( of)14 ( the)14 ( above)27.2 ( )]TJ 0.049 Tc 2.7 -1.524 Td [(categories)14 ( are)14 ( classified)14 ( as)13.9 ( available)14 (-)13.9 (for)13.9 (-)14 (sale)13.9 ( securities)13.9 (.)14 ( At)13.9 ( each)21.2 ( )]TJ 0.028 Tc 0.063 Tw 0 -1.524 TD (balance sheet date, the fair value is remeasured, with any resultant )Tj 0.032 Tc 0.088 Tw T* [(gain)4.2 ( )0.5 (or)4.2 ( )0.5 (loss)4.2 ( being)4.2 ( )0.5 (recognised)4.2 ( )0.5 (in)4.1 ( )0.5 (other)4.2 ( comprehensive)4.2 ( income)4.2 ( )0.5 (and)4.2 ( )]TJ 0.042 Tc 0.078 Tw T* [(accumulated)14.2 ( )0.5 (separately)14.2 ( )0.5 (in)14.2 ( equity)14.2 ( in)14.2 ( )0.5 (the)14.2 ( fair)14.2 ( )0.5 (value)14.1 ( )0.5 (reserve)14.2 (,)14.1 ( )0.5 (except)14.2 ( )]TJ 0.046 Tc T* [(foreign)13.7 ( exchange)13.7 ( gains)13.7 ( and)13.7 ( losses)13.7 ( resulting)13.7 ( from)13.7 ( changes)13.6 ( in)13.7 ( the)18.2 ( )]TJ 0.028 Tc 0.047 Tw 0 -1.524 TD [(amortised )0.5 (cost )0.5 (of )0.5 (monetary )0.5 (items )0.5 (such )0.5 (as )0.5 (debt )0.5 (securities )0.5 (which )0.5 (are )]TJ 0.051 Tc 0.078 Tw 0 -1.524 TD [(recognised)13.8 ( directly)13.8 ( in)13.8 ( profit)13.8 ( or)13.8 ( loss)13.7 (.)13.8 ( Dividend)13.7 ( income)13.7 ( from)13.8 ( these)23.2 ( )]TJ 0.043 Tc T* [(investments)13.8 ( is)13.8 ( recognised)13.8 ( in)13.7 ( profit)13.8 ( or)13.8 ( loss)13.8 ( in)13.8 ( accordance)13.8 ( with)13.8 ( the)15.2 ( )]TJ 0.058 Tc T* [(policy)14.2 ( )0.5 (set)14.2 ( )0.5 (out)14.3 ( in)14.2 ( )0.5 (note)14.2 ( )0.5 (2)14.2 (\()14.3 (y)14.2 (\))14.2 (ii)14.2 (\()14.3 (v)14.2 (\))14.2 ( )0.5 (and)14.2 (,)14.2 ( )0.5 (where)14.3 ( )0.5 (these)14.2 ( )0.5 (investments)14.2 ( )0.5 (are)30.2 ( )]TJ 0.065 Tc T* [(interest)14.2 (-)14.1 (bearing)14.2 (,)14.1 ( interest)14.1 ( calculated)14.1 ( using)14.2 ( the)14.1 ( effective)14.2 ( interest)37.2 ( )]TJ 0.028 Tc 0.052 Tw T* (method is recognised in profit or loss in accordance with the policy )Tj 0.086 Tw T* (set out in note 2\(y\)ii\(vi\). When these investments are derecognised \)Tj 0.109 Tc 0.078 Tw T* [(or)13.7 ( impaired)13.7 ( \()13.7 (see)13.7 ( note)13.7 ( 2)13.7 (\()13.7 (q)13.7 (\))13.7 (\))13.7 (,)13.7 ( the)13.7 ( cumulative)13.7 ( gain)13.7 ( or)13.7 ( loss)13.7 ( is)81.2 ( )]TJ 0.028 Tc 0 Tw T* (reclassified from equity to profit or loss.)Tj 0.01 Tw -2.7 -3.048 Td (Investments are recognised/derecognised on the date the Group commits )Tj 0 Tw T* (to purchase/sell the investments or they expire.)Tj ET endstreamendobj844 0 obj<>endobj841 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 37.6388 33.8036 Tm (226)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0.113 Tc 1.05 Tw 14 0 0 14 70.8661 670.2631 Tm [(2)85.2 ( SU)0.5 (M)0.5 (MA)0.5 (R)]TJ 0.077 Tw [(Y)14.4 ( O)0.5 (F)14.3 ( S)0.5 (IG)0.5 (N)0.5 (IF)0.5 (IC)0.5 (A)0.5 (NT)14.4 ( A)0.5 (CC)0.5 (OU)0.5 (N)0.5 (TI)0.5 (N)0.5 (G)14.3 ( P)0.5 (OL)0.5 (IC)0.5 (I)0.5 (ES)85.2 ( )]TJ 0.028 Tc -0.028 Tw 2.025 -1.107 Td (\(Continued\))Tj 0 0 0 0.8 k 0 Tw 11.5 0 0 11.5 99.2126 627.7631 Tm [(\(o\) )-798.5 (Investments and other financial assets \(Continued\))]TJ 0 0 0 1 k /GS1 gs 0.092 Tc 0.077 Tw 10.5 0 0 10.5 127.5591 602.7631 Tm [(\()64.2 (i)64.2 (i)64.2 (\))64.2 ( )-919.5 (I)0.5 (n)0.5 (v)0.5 (es)0.5 (t)0.5 (m)0.5 (en)0.5 (t)0.5 (s)14.4 ( a)0.5 (n)0.5 (d)14.4 ( o)0.5 (t)0.5 (h)0.5 (er)14.4 ( f)0.5 (i)0.5 (n)0.5 (a)0.5 (n)0.5 (ci)0.5 (a)0.5 (l)14.4 ( a)0.5 (s)0.5 (se)0.5 (t)0.5 (s)14.4 ( \()14.4 (p)0.5 (o)0.5 (l)0.5 (ic)0.5 (i)0.5 (e)0.5 (s)14.3 ( u)0.5 (nd)0.5 (e)0.5 (r)14.4 ( I)0.5 (A)0.5 (S)14.4 ( 3)14.4 (9)64.2 ( )]TJ 0.028 Tc 0 Tw 2.7 -1.19 Td (applicable before 1 January 2018\))Tj /T1_2 1 Tf 0 -2.381 TD (Trade and other receivables)Tj 0.059 Tc 0.078 Tw T* [(Trade)14.1 ( and)14.1 ( other)14.1 ( receivables)14.1 ( are)14.1 ( initially)14.1 ( recognised)14.1 ( at)14.1 ( fair)14.1 ( value)14.1 ( and)31.2 ( )]TJ 0.046 Tc 0 -1.19 TD [(thereafter)14.2 ( )0.5 (stated)14.3 ( )0.5 (at)14.3 ( )0.5 (amortised)14.3 ( )0.5 (cost)14.2 ( )0.5 (using)14.3 ( )0.5 (the)14.2 ( )0.5 (effective)14.3 ( )0.5 (interest)14.2 ( )0.5 (method)14.3 (,)18.2 ( )]TJ 0.04 Tc 0.08 Tw 0 -1.19 TD [(less)12.2 ( )0.5 (allowance)12.2 ( for)12.2 ( impairment)12.2 ( )0.5 (of)12.2 ( )0.5 (doubtful)12.2 ( debts)12.2 ( )0.5 (\()12.2 (see)12.2 ( )0.5 (note)12.2 ( 2)12.2 (\()12.2 (q)12.2 (\))12.2 (\))12.2 (,)12.2 ( )0.5 (except)12.2 ( )]TJ 0.059 Tc 0.078 Tw 0 -1.19 TD [(where)13.5 ( the)13.5 ( receivables)13.6 ( are)13.6 ( interest)13.6 (-)13.5 (free)13.6 ( loans)13.5 ( made)13.5 ( to)13.6 ( related)13.6 ( parties)31.2 ( )]TJ T* [(without)14.1 ( any)14.1 ( fixed)14.1 ( repayment)14.1 ( terms)14.1 ( or)14 ( the)14 ( effect)14.1 ( of)14 ( discounting)14 ( would)31.2 ( )]TJ 0.06 Tc 0 -1.19 TD [(be)14 ( immaterial)14 (.)14 ( In)14 ( such)14 ( cases)13.9 (,)14 ( the)14 ( receivables)14 ( are)14 ( stated)14 ( at)14 ( cost)13.9 ( less)32.1 ( )]TJ 0.028 Tc 0 Tw 0 -1.19 TD (allowance for impairment of doubtful debts.)Tj 0 -2.381 TD (Other investments in debt and equity securities)Tj 0.059 Tc 0.078 Tw T* [(The)13.9 ( Group)13.9 (\222)13.9 (s)14 ( and)13.9 ( the)13.9 ( Company)13.9 (\222)13.9 (s)13.9 ( policies)14 ( for)14 ( investments)13.9 ( in)13.9 ( debt)13.9 ( and)31.2 ( )]TJ 0.034 Tc 0.086 Tw 0 -1.19 TD [(equity)6.1 ( )0.5 (securities)6.2 (,)6.2 ( other)6.2 ( )0.5 (than)6.2 ( investments)6.2 ( )0.5 (in)6.1 ( )0.5 (subsidiaries)6.2 (,)6.2 ( associates)6.2 ( and)6.2 ( )]TJ 0.028 Tc 0 Tw T* (joint ventures, are as follows:)Tj 0.012 Tw 0 -2.381 TD (Investments in debt and equity securities are initially stated at cost, \which )Tj 0.083 Tw 0 -1.19 TD (is generally their transaction price. Cost includes attributable transac\tion )Tj 0.045 Tc 0.078 Tw 0 -1.19 TD [(costs)13.5 (,)13.5 ( except)13.5 ( where)13.5 ( indicated)13.4 ( otherwise)13.5 ( below)13.4 (.)13.5 ( These)13.5 ( investments)13.4 ( are)17.2 ( )]TJ 0.028 Tc 0 Tw T* (subsequently accounted for as follows, depending on their classification\:)Tj 0.04 Tc 0.08 Tw 0 -2.381 TD [(\226)12.2 ( )-1773.9 (Investments)12.2 ( in)12.2 ( securities)12.2 ( held)12.2 ( )0.5 (for)12.2 ( )0.5 (trading)12.2 ( are)12.2 ( classified)12.2 ( )0.5 (as)12.2 ( current)12.2 ( )]TJ 0.043 Tc 0.078 Tw 2.7 -1.19 Td [(assets)14 (.)14 ( Any)13.9 ( attributable)14 ( transaction)14 ( costs)14 ( are)14 ( recognised)14 ( in)14 ( profit)15.2 ( )]TJ 0.049 Tc 0 -1.19 TD [(or)13.7 ( loss)13.7 ( as)13.7 ( incurred)13.7 (.)13.7 ( At)13.7 ( each)13.7 ( balance)13.7 ( sheet)13.7 ( date)13.7 (,)13.6 ( the)13.7 ( fair)13.7 ( value)13.7 ( is)21.2 ( )]TJ 0.055 Tc T* [(remeasured)13.5 (,)13.4 ( with)13.4 ( any)13.5 ( resultant)13.5 ( gain)13.5 ( or)13.4 ( loss)13.4 ( being)13.5 ( recognised)13.5 ( in)27.2 ( )]TJ 0.028 Tc 0.074 Tw 0 -1.19 TD (profit or loss. The net gain or loss recognised in profit or loss does )Tj 0.036 Tc 0.084 Tw 0 -1.19 TD [(not)8.2 ( )0.5 (include)8.2 ( any)8.1 ( )0.5 (dividends)8.3 ( or)8.2 ( )0.5 (interest)8.2 ( earned)8.2 ( )0.5 (on)8.2 ( these)8.2 ( investments)8.2 ( )]TJ 0.033 Tc 0.087 Tw T* [(as)5.2 ( )0.5 (these)5.2 ( )0.5 (are)5.2 ( recognised)5.3 ( in)5.2 ( )0.5 (accordance)5.2 ( )0.5 (with)5.2 ( the)5.2 ( )0.5 (policies)5.3 ( set)5.2 ( )0.5 (out)5.3 ( in)5.2 ( )]TJ 0.028 Tc 0 Tw 0 -1.19 TD (notes 2\(y\)ii\(v\) and 2\(y\)ii\(vi\).)Tj 0.074 Tw -2.7 -2.381 Td [(\226 )-1791.9 (Dated debt securities that the Group and/or the Company have the )]TJ 0.053 Tc 0.078 Tw 2.7 -1.19 Td [(positive)14.3 ( )0.6 (ability)14.3 ( )0.6 (and)14.3 ( )0.6 (intention)14.3 ( )0.5 (to)14.3 ( )0.5 (hold)14.3 ( )0.5 (to)14.3 ( )0.6 (maturity)14.3 ( )0.5 (are)14.3 ( )0.5 (classified)14.3 ( )0.6 (as)25.2 ( )]TJ 0.033 Tc 0.087 Tw 0 -1.19 TD [(held)5.2 (-)5.2 (to)5.2 (-)5.2 (maturity)5.2 ( )0.5 (securities)5.2 (.)5.3 ( Held)5.2 (-)5.2 (to)5.2 (-)5.2 (maturity)5.2 ( securities)5.2 ( )0.5 (are)5.2 ( )0.5 (stated)5.2 ( )0.5 (in)5.2 ( )]TJ 0.028 Tc 0.024 Tw 0 -1.19 TD (the statement of financial position at amortised cost less impairment )Tj 0 Tw 0 -1.19 TD (losses \(see note 2\(q\)\).)Tj 0.041 Tc 0.079 Tw -2.7 -2.381 Td [(\226)13.2 ( )-1773.9 (Investments)13.2 ( )0.5 (in)13.3 ( equity)13.2 ( )0.5 (securities)13.2 ( )0.5 (that)13.2 ( )0.5 (do)13.2 ( )0.5 (not)13.2 ( )0.5 (have)13.3 ( a)13.2 ( )0.5 (quoted)13.2 ( market)13.2 ( )]TJ 0.028 Tc 0.078 Tw 2.7 -1.19 Td [(price )0.5 (in an active )0.5 (market for an identical instrument and whose fair )]TJ 0.079 Tw 0 -1.19 TD (value cannot be reliably measured are recognised in the statement )Tj 0 Tw 0 -1.19 TD (of financial position at cost less impairment losses \(see note 2\(q\)\)\.)Tj ET endstreamendobj842 0 obj<>endobj839 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 536.9537 33.8036 Tm (225)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0.113 Tc 0.077 Tw 14 0 0 14 70.8661 670.2631 Tm [(2)85.2 ( )-972.9 (SU)0.5 (MM)0.5 (A)0.5 (RY)14.4 ( OF)14.4 ( S)0.5 (IG)0.5 (NI)0.5 (F)0.5 (IC)0.5 (A)0.5 (NT)14.4 ( A)0.5 (CC)0.5 (OU)0.5 (N)0.5 (TI)0.5 (N)0.5 (G)14.3 ( P)0.5 (OL)0.5 (IC)0.5 (I)0.5 (ES)85.2 ( )]TJ 0.028 Tc -0.028 Tw 2.025 -1.321 Td (\(Continued\))Tj 0 0 0 0.8 k 0 Tw 11.5 0 0 11.5 99.2126 618.7631 Tm [(\(o\) )-798.5 (Investments and other financial assets \(Continued\))]TJ 0 0 0 1 k /GS1 gs 10.5 0 0 10.5 127.5591 587.7631 Tm [(\(i\) )-1366.3 (Policies under IFRS 9 applicable from 1 January 2018 \(Continued\))]TJ /T1_2 1 Tf 2.7 -2.952 Td (Subsequent measurement \(Continued\))Tj 0 -2.952 TD (Financial assets at fair value through profit or loss)Tj 0.01 Tw T* (Financial assets at fair value through profit or loss include financial \assets )Tj 0.047 Tc 0.078 Tw 0 -1.476 TD [(held)13.5 ( for)13.5 ( trading)13.5 (,)13.5 ( financial)13.6 ( assets)13.5 ( designated)13.5 ( upon)13.5 ( initial)13.6 ( recognition)13.5 ( at)19.2 ( )]TJ 0.035 Tc 0.085 Tw T* [(fair)7.2 ( )0.5 (value)7.2 ( )0.5 (through)7.2 ( profit)7.2 ( or)7.2 ( )0.5 (loss)7.2 (,)7.2 ( )0.5 (or)7.2 ( )0.5 (financial)7.2 ( )0.5 (assets)7.2 ( )0.5 (mandatorily)7.2 ( )0.5 (required)7.2 ( )]TJ 0.039 Tc 0.081 Tw T* [(to)11.2 ( be)11.2 ( )0.5 (measured)11.2 ( )0.5 (at)11.2 ( )0.5 (fair)11.1 ( )0.5 (value)11.2 (.)11.2 ( )0.5 (Financial)11.2 ( )0.5 (assets)11.2 ( )0.5 (are)11.2 ( classified)11.2 ( as)11.2 ( )0.5 (held)11.2 ( for)11.2 ( )]TJ 0.028 Tc 0.092 Tw T* [(trading )0.5 (if )0.5 (they are )0.5 (acquired )0.5 (for )0.5 (the purpose )0.5 (of selling or repurchasing in )]TJ 0.046 Tc 0.078 Tw 0 -1.476 TD [(the)13.9 ( near)13.9 ( term)13.9 (.)13.9 ( Derivatives)14 (,)13.9 ( including)14 ( separated)13.9 ( embedded)13.9 ( derivatives)14 (,)18.2 ( )]TJ 0.061 Tc 0 -1.476 TD [(are)13.7 ( also)13.8 ( classified)13.8 ( as)13.7 ( held)13.7 ( for)13.7 ( trading)13.7 ( unless)13.7 ( 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debt)14.1 ( instruments)14.1 ( may)14.1 ( be)14.1 ( designated)14.1 ( at)14.1 ( fair)14.1 ( value)18.2 ( )]TJ 0.067 Tc T* [(through)13.5 ( profit)13.5 ( or)13.5 ( loss)13.5 ( on)13.5 ( initial)13.5 ( recognition)13.5 ( if)13.6 ( doing)13.5 ( so)13.5 ( eliminates)13.5 (,)13.5 ( or)39.2 ( )]TJ 0.028 Tc 0 Tw T* (significantly reduces, an accounting mismatch.)Tj 0.061 Tc 0.078 Tw 0 -2.952 TD [(Financial)14.1 ( assets)14.1 ( at)14.1 ( fair)14.2 ( value)14.1 ( through)14.1 ( profit)14.1 ( or)14.1 ( loss)14.1 ( are)14.1 ( carried)14.2 ( in)14.1 ( the)33.2 ( )]TJ 0.028 Tc 0.083 Tw 0 -1.476 TD (statement of financial position at fair value with net changes in fair v\alue )Tj 0 Tw T* (recognised in the statement of profit or loss.)Tj 0.058 Tc 0.078 Tw 0 -2.952 TD [(This)14.2 ( )0.6 (category)14.3 ( )0.5 (includes)14.3 ( )0.6 (derivative)14.2 ( )0.6 (instruments)14.2 ( )0.6 (and)14.2 ( )0.6 (equity)14.3 ( )0.6 (investments)30.2 ( )]TJ 0.064 Tc 0.077 Tw 0 -1.476 TD [(which)14.3 ( the)14.3 ( 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statement of profit or loss when the asset \is )Tj 0 Tw T* (derecognised, modified or impaired.)Tj ET endstreamendobj880 0 obj<>endobj877 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 536.9537 33.8036 Tm (221)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0.113 Tc 0.077 Tw 14 0 0 14 70.8661 670.2631 Tm [(2)85.2 ( )-972.9 (SU)0.5 (MM)0.5 (A)0.5 (RY)14.4 ( OF)14.4 ( S)0.5 (IG)0.5 (NI)0.5 (F)0.5 (IC)0.5 (A)0.5 (NT)14.4 ( A)0.5 (CC)0.5 (OU)0.5 (N)0.5 (TI)0.5 (N)0.5 (G)14.3 ( P)0.5 (OL)0.5 (IC)0.5 (I)0.5 (ES)85.2 ( )]TJ 0.028 Tc -0.028 Tw 2.025 -1.357 Td (\(Continued\))Tj 0 0 0 0.8 k 0 Tw 11.5 0 0 11.5 99.2126 617.2631 Tm [(\(o\) )-798.5 (Investments and other financial assets)]TJ 0 0 0 1 k /GS1 gs 10.5 0 0 10.5 127.5591 585.2631 Tm [(\(i\) )-1366.3 (Policies under IFRS 9 applicable from 1 January 2018)]TJ /T1_2 1 Tf 2.7 -3.048 Td (Initial recognition and measurement)Tj 0.058 Tc 0.078 Tw 0 -3.048 TD [(Financial)14.2 ( assets)14.1 ( are)14.2 ( classified)14.2 (,)14.1 ( at)14.1 ( initial)14.1 ( )0.5 (recognition)14.2 (,)14.1 ( as)14.1 ( subsequently)30.2 ( )]TJ 0.062 Tc 0 -1.524 TD [(measured)13.8 ( at)13.8 ( amortised)13.8 ( cost)13.9 (,)13.9 ( fair)13.9 ( value)13.9 ( through)13.9 ( other)13.9 ( comprehensive)34.2 ( )]TJ 0.028 Tc 0 Tw T* (income, and fair value through profit or loss.)Tj 0.079 Tc 0.078 Tw 0 -3.048 TD [(The)14.2 ( )0.5 (classification)14.2 ( )0.5 (of)14.3 ( )0.5 (financial)14.3 ( assets)14.2 ( )0.5 (at)14.3 ( )0.5 (initial)14.2 ( )0.5 (recognition)14.2 ( )0.5 (depends)51.1 ( )]TJ 0.059 Tc 0 -1.524 TD [(on)13.6 ( the)13.6 ( financial)13.7 ( asset)13.7 (\222)13.7 (s)13.6 ( contractual)13.7 ( cash)13.7 ( flow)13.6 ( characteristics)13.7 ( and)13.7 ( the)31.2 ( )]TJ 0.03 Tc 0.09 Tw T* [(Group)2.2 (\222)2.2 (s)2.2 ( )0.5 (business)2.2 ( model)2.2 ( )0.5 (for)2.2 ( managing)2.2 ( )0.5 (them)2.3 (.)2.2 ( With)2.2 ( )0.5 (the)2.2 ( exception)2.2 ( of)2.2 ( trade)2.2 ( )]TJ 0.036 Tc 0.084 Tw 0 -1.524 TD [(receivables)8.2 ( that)8.2 ( )0.5 (do)8.2 ( )0.5 (not)8.2 ( contain)8.2 ( )0.5 (a)8.2 ( significant)8.2 ( )0.5 (financing)8.2 ( component)8.2 ( or)8.2 ( )0.5 (for)8.2 ( )]TJ 0.028 Tc 0.07 Tw 0 -1.524 TD (which the Group has applied the practical expedient of not adjusting the\ )Tj 0.019 Tw T* (effect of a significant financing component, the Group initially measure\s a )Tj 0.053 Tw T* (financial asset at its fair value, plus in the case of a financial asset\ not at )Tj 0.072 Tw T* (fair value through profit or loss, transaction costs. Trade receivables \that )Tj 0.029 Tc 0.091 Tw T* [(do)1.2 ( not)1.2 ( contain)1.2 ( a)1.3 ( significant)1.3 ( financing)1.2 ( )0.5 (component)1.2 ( )0.5 (or)1.2 ( )0.5 (for)1.2 ( )0.5 (which)1.2 ( )0.5 (the)1.2 ( )0.5 (Group)1.2 ( )]TJ 0.063 Tc 0.078 Tw T* [(has)13.7 ( applied)13.6 ( the)13.6 ( practical)13.7 ( expedient)13.6 ( are)13.6 ( measured)13.6 ( at)13.7 ( the)13.7 ( transaction)35.2 ( )]TJ 0.036 Tc 0.084 Tw T* [(price)8.2 ( determined)8.2 ( under)8.2 ( )0.5 (IFRS)8.2 ( )0.5 (1)8.2 (5)8.2 ( in)8.2 ( )0.5 (accordance)8.2 ( )0.5 (with)8.2 ( the)8.2 ( policies)8.2 ( )0.5 (set)8.2 ( )0.5 (out)8.2 ( )]TJ 0.034 Tc 0.086 Tw T* [(for)6.2 ( section)6.2 ( )0.5 (2)6.2 (\()6.2 (y)6.2 (\))6.2 ( )0.5 (\223)6.2 (Revenue)6.1 ( )0.5 (recognition)6.2 ( )0.5 (\()6.2 (applicable)6.2 ( )0.5 (from)6.2 ( 1)6.2 ( )0.5 (January)6.2 ( 2)6.2 (0)6.2 (1)6.2 (8)6.2 (\))6.2 (\224)6.2 ( )]TJ 0.028 Tc -0.028 Tw T* (below.)Tj 0.081 Tw 0 -3.048 TD (In order for a financial asset to be classified and measured at amortise\d )Tj 0.035 Tc 0.085 Tw 0 -1.524 TD [(cost)7.2 ( )0.5 (or)7.2 ( )0.5 (fair)7.2 ( )0.5 (value)7.2 ( through)7.2 ( other)7.2 ( )0.5 (comprehensive)7.2 ( )0.5 (income)7.2 (,)7.2 ( )0.5 (it)7.2 ( )0.5 (needs)7.2 ( )0.5 (to)7.2 ( )0.5 (give)7.2 ( )]TJ 0.02 Tc 0 Tw T* [(rise to cash flows that are solely payments of principal and interest \(\\223SPPI\224\))-7.8 ( )]TJ 0.028 Tc T* (on the principal amount outstanding.)Tj 0.067 Tc 0.078 Tw 0 -3.048 TD [(The)13.6 ( Group)13.7 (\222)13.6 (s)13.7 ( business)13.6 ( model)13.6 ( for)13.6 ( managing)13.6 ( financial)13.6 ( assets)13.7 ( refers)13.6 ( to)39.2 ( )]TJ 0.032 Tc 0.088 Tw 0 -1.524 TD [(how)4.2 ( )0.5 (it)4.2 ( )0.5 (manages)4.2 ( )0.5 (its)4.3 ( fin)0.5 (ancial)4.2 ( )0.5 (asse)0.5 (ts)4.2 ( in)4.2 ( )0.5 (orde)0.5 (r)4.2 ( to)4.2 ( )0.5 (gene)0.5 (rate)4.2 ( c)0.5 (ash)4.2 ( f)0.5 (lows)4.2 (.)4.2 ( )0.5 (The)4.2 ( )]TJ 0.028 Tc 0.074 Tw T* (business model determines whether cash flows will result from collecting\ )Tj 0 Tw T* (contractual cash flows, selling the financial assets, or both.)Tj ET endstreamendobj878 0 obj<>endobj874 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 37.6388 33.8036 Tm (220)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0.113 Tc 0.077 Tw 14 0 0 14 70.8661 670.2631 Tm [(2)85.2 ( )-972.9 (SU)0.5 (MM)0.5 (A)0.5 (RY)14.4 ( OF)14.4 ( S)0.5 (IG)0.5 (NI)0.5 (F)0.5 (IC)0.5 (A)0.5 (NT)14.4 ( A)0.5 (CC)0.5 (OU)0.5 (N)0.5 (TI)0.5 (N)0.5 (G)14.3 ( P)0.5 (OL)0.5 (IC)0.5 (I)0.5 (ES)85.2 ( )]TJ 0.028 Tc -0.028 Tw 2.025 -1.357 Td (\(Continued\))Tj 0 0 0 0.8 k 0 Tw 11.5 0 0 11.5 99.2126 617.2631 Tm [(\(n\) )-798.5 (Impairment of non-financial assets \(Continued\))]TJ 0 0 0 1 k /GS1 gs /C0_0 1 Tf 0 Tc 10.5 0 0 10.5 127.5591 585.2631 Tm <00D1>Tj /T1_1 1 Tf 0.028 Tc 1.028 0 Td [( )-1365.9 (Calculation of the recoverable amount)]TJ /T1_2 1 Tf 0.046 Tc 0.078 Tw 1.672 -3.048 Td [(The)14.2 ( recoverable)14.1 ( amount)14.2 ( of)14.1 ( an)14.1 ( asset)14.1 ( is)14.1 ( the)14.1 ( greater)14.1 ( of)14.1 ( its)14.1 ( fair)14.1 ( value)14.1 ( less)18.2 ( )]TJ 0.02 Tc 0 Tw 0 -1.524 TD [(costs of disposal and value in use. In assessing value in use, the estim\ated)-7.8 ( )]TJ 0.046 Tc 0.077 Tw T* [(f)0.5 (u)0.5 (t)0.5 (u)0.5 (r)0.5 (e)14.4 ( c)0.5 (a)0.5 (s)0.5 (h)14.4 ( f)0.5 (l)0.6 (o)0.5 (w)0.5 (s)14.4 ( a)0.5 (r)0.5 (e)14.5 ( d)0.5 (i)0.5 (s)0.5 (c)0.5 (o)0.5 (u)0.5 (n)0.5 (t)0.5 (e)0.6 (d)14.4 ( t)0.5 (o)14.4 ( t)0.5 (h)0.5 (e)0.5 (i)0.5 (r)14.4 ( p)0.5 (r)0.5 (e)0.5 (s)0.5 (e)0.5 (n)0.5 (t)14.4 ( v)0.5 (a)0.6 (l)0.5 (u)0.5 (e)14.4 ( u)0.5 (s)0.5 (i)0.5 (n)0.6 (g)14.4 ( a)14.4 ( p)0.5 (r)0.5 (e)14.4 (-)14.4 (t)0.5 (a)0.5 (x)18.2 ( )]TJ 0.035 Tc 0.085 Tw T* [(discount)7.2 ( rate)7.2 ( )0.5 (that)7.2 ( )0.5 (reflects)7.2 ( )0.5 (current)7.2 ( )0.5 (market)7.2 ( )0.5 (assessments)7.3 ( of)7.2 ( )0.5 (the)7.2 ( )0.5 (time)7.2 ( value)7.2 ( )]TJ 0.048 Tc 0.078 Tw T* [(of)13.9 ( money)13.9 ( and)13.9 ( the)13.9 ( risks)13.9 ( specific)13.9 ( to)13.9 ( the)13.9 ( asset)14 (.)13.9 ( Where)13.9 ( an)13.9 ( asset)13.9 ( does)13.9 ( not)20.2 ( )]TJ 0.028 Tc 0.017 Tw T* [(generate )5 (cash )5 (inflows )5 (largely )5 (indepen)-4.8 (d)-4.8 (e)-4.8 (n)-4.8 (t)-4.8 ( o)-4.8 (f)-4.8 ( t)-4.8 (h)-4.8 (o)-4.8 (s)-4.8 (e)-4.8 ( f)-4.8 (r)-4.8 (o)-4.8 (m)-4.8 ( o)-4.8 (t)-4.8 (h)-4.8 (e)-4.8 (r)-4.8 ( a)-4.8 (s)-4.8 (s)-4.8 (e)-4.8 (t)-4.8 (s)-4.8 (,)-4.8 ( t)-4.8 (h)-4.8 (e)-4.8 ( )]TJ 0.033 Tc 0.03 Tw T* (recoverable amount is determined for the smallest group of assets \(i.e.\ a )Tj 0 Tw T* (cash-generating unit\) that generates cash inflows independently.)Tj /C0_0 1 Tf 0 Tc -2.7 -3.048 Td <00D1>Tj /T1_1 1 Tf 0.033 Tc 1.028 0 Td [( )-1360.9 (Recognition of impairment losses)]TJ /T1_2 1 Tf 0.083 Tw 1.672 -3.048 Td (An impairment loss is recognised in profit or loss if the carrying amoun\t )Tj 0.074 Tw T* (of an asset, or the cash-generating unit to which it belongs, exceeds it\s )Tj 0.044 Tc 0.081 Tw T* [(recoverable)11.2 ( )0.5 (amount)11.2 (.)11.2 ( )0.5 (Impairment)11.2 ( )0.5 (losses)11.2 ( recognised)11.2 ( )0.5 (in)11.2 ( )0.5 (respect)11.3 ( of)11.2 ( cash)11.3 (-)]TJ 0.033 Tc 0.065 Tw T* (generating units are allocated first to reduce the carrying amount of an\y )Tj 0.056 Tc 0.077 Tw T* [(go)0.5 (odwi)0.5 (ll)14.3 ( al)0.5 (loca)0.5 (ted)14.3 ( fi)0.5 (rst)14.4 ( t)0.5 (o)14.3 ( t)0.5 (he)14.3 ( cas)0.5 (h)14.3 (-)14.3 (ge)0.5 (nerat)0.5 (ing)14.4 ( u)0.5 (nit)14.3 ( \()14.3 (o)0.5 (r)14.3 ( grou)0.5 (p)14.3 ( of)14.3 ( uni)0.5 (ts)14.3 (\))23.2 ( )]TJ 0.044 Tc 0.081 Tw T* [(and)11.2 ( )0.5 (then)11.2 (,)11.2 ( )0.5 (to)11.2 ( )0.5 (reduce)11.2 ( )0.5 (the)11.2 ( )0.5 (carrying)11.2 ( amount)11.2 ( )0.5 (of)11.2 ( )0.5 (the)11.2 ( )0.5 (other)11.2 ( )0.5 (assets)11.2 ( )0.5 (in)11.2 ( the)11.2 ( unit)11.3 ( )]TJ 0.033 Tc 0.077 Tw T* (\(or group of units\) on a pro rata basis, except that the carrying valu\e of )Tj 0.087 Tw T* (an asset will not be reduced below its individual fair value less costs \of )Tj 0 Tw T* (disposal \(if measurable\), or value in use \(if determinable\).)Tj /C0_0 1 Tf 0 Tc -2.7 -3.048 Td <00D1>Tj /T1_1 1 Tf 0.033 Tc 1.028 0 Td [( )-1360.9 (Reversals of impairment losses)]TJ /T1_2 1 Tf 0.008 Tw 1.672 -3.048 Td (In respect of assets other than goodwill, an impairment loss is reversed\ if )Tj 0.087 Tw T* (there has been a favourable change in the estimates used to determine )Tj 0.048 Tw T* (the recoverable amount. An impairment loss in respect of goodwill is not\ )Tj -0.033 Tw T* (reversed.)Tj 0.087 Tc 0.078 Tw 0 -3.048 TD [(A)13.8 ( reversal)13.9 ( of)13.9 ( an)13.9 ( impairment)13.8 ( loss)13.8 ( is)13.8 ( limited)13.9 ( to)13.8 ( the)13.9 ( asset)13.9 (\222)13.8 (s)13.9 ( carrying)54.2 ( )]TJ 0.036 Tc 0.089 Tw 0 -1.524 TD [(amount)3.2 ( )0.5 (that)3.2 ( would)3.2 ( )0.5 (have)3.2 ( been)3.2 ( )0.5 (determined)3.2 ( )0.5 (had)3.2 ( )0.5 (no)3.2 ( )0.5 (impairment)3.2 ( )0.5 (loss)3.2 ( been)3.2 ( )]TJ 0.033 Tc 0.028 Tw T* (recognised in prior years. 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obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 536.9537 33.8036 Tm (219)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0.113 Tc 0.077 Tw 14 0 0 14 70.8661 670.2631 Tm [(2)85.2 ( )-972.9 (SU)0.5 (MM)0.5 (A)0.5 (RY)14.4 ( OF)14.4 ( S)0.5 (IG)0.5 (NI)0.5 (F)0.5 (IC)0.5 (A)0.5 (NT)14.4 ( A)0.5 (CC)0.5 (OU)0.5 (N)0.5 (TI)0.5 (N)0.5 (G)14.3 ( P)0.5 (OL)0.5 (IC)0.5 (I)0.5 (ES)85.2 ( )]TJ 0.028 Tc -0.028 Tw 2.025 -1.357 Td (\(Continued\))Tj 0 0 0 0.8 k 0 Tw 11.5 0 0 11.5 99.2126 617.2631 Tm [(\(n\) )-798.5 (Impairment of non-financial assets)]TJ 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.043 Tc 0.078 Tw 10.5 0 0 10.5 127.5591 585.2631 Tm [(Internal)13.8 ( and)13.8 ( external)13.8 ( sources)13.8 ( of)13.8 ( information)13.8 ( are)13.8 ( reviewed)13.8 ( at)13.8 ( the)13.8 ( end)13.8 ( of)13.7 ( each)15.2 ( )]TJ 0.078 Tc 0 -1.524 TD [(reporting)14.3 ( )0.5 (period)14.2 ( )0.6 (to)14.3 ( )0.5 (identify)14.3 ( )0.5 (indications)14.2 ( )0.5 (that)14.3 ( )0.5 (the)14.3 ( )0.5 (following)14.3 ( )0.5 (assets)14.2 ( )0.6 (may)14.3 ( )0.5 (be)50.2 ( )]TJ 0.028 Tc 0.092 Tw T* [(impaired )0.5 (or an )0.5 (impairment loss )0.5 (previously )0.5 (recognised no )0.5 (longer )0.5 (exists or )0.5 (may )]TJ 0 Tw T* (have decreased:)Tj /C0_0 1 Tf 0 Tc 0 -3.048 TD <00D1>Tj /T1_2 1 Tf 0.028 Tc 1.028 0 Td [( )-1365.9 (property, plant and equipment;)]TJ /C0_0 1 Tf 0 Tc -1.028 -3.048 Td <00D1>Tj /T1_2 1 Tf 0.028 Tc 1.028 0 Td [( )-1365.9 (investment properties;)]TJ /C0_0 1 Tf 0 Tc -1.028 -3.048 Td <00D1>Tj /T1_2 1 Tf 1.028 0 Td ( )Tj /C0_0 1 Tf 1.672 0 Td <0001>Tj /T1_2 1 Tf 0.047 Tc 0.078 Tw 0.311 0 Td [(pre)14.2 (-)14.3 (paid)14.2 ( )0.6 (interests)14.2 ( )0.5 (in)14.2 ( )0.5 (leasehold)14.3 ( )0.5 (land)14.3 ( )0.5 (classified)14.3 ( )0.5 (as)14.2 ( )0.5 (being)14.3 ( )0.5 (held)14.2 ( )0.5 (under)14.2 ( )0.5 (an)19.2 ( )]TJ 0.028 Tc 0 Tw -0.311 -1.524 Td (operating lease;)Tj /C0_0 1 Tf 0 Tc -2.7 -3.048 Td <00D1>Tj /T1_2 1 Tf 0.028 Tc 1.028 0 Td [( )-1365.9 (intangible assets;)]TJ /C0_0 1 Tf 0 Tc -1.028 -3.048 Td <00D1>Tj /T1_2 1 Tf 0.028 Tc 1.028 0 Td [( )-1365.9 (goodwill; and)]TJ /C0_0 1 Tf 0 Tc -1.028 -3.048 Td <00D1>Tj /T1_2 1 Tf 0.098 Tc 0.078 Tw 1.028 0 Td [( )-1217.8 (investments)14.2 ( )0.5 (in)14.1 ( )0.5 (subsidiaries)14.2 (,)14.2 ( associates)14.2 ( )0.5 (and)14.2 ( )0.5 (joint)14.2 ( )0.5 (ventures)14.2 ( in)14.2 ( the)70.2 ( )]TJ 0.028 Tc 0 Tw 1.672 -1.524 Td (Company\222s statement of financial position.)Tj 0.041 Tc 0.079 Tw -2.7 -3.048 Td [(If)13.2 ( )0.5 (any)13.2 ( such)13.2 ( )0.5 (indication)13.1 ( )0.5 (exists)13.2 (,)13.2 ( )0.5 (the)13.2 ( )0.5 (asset)13.2 (\222)13.2 (s)13.2 ( )0.5 (recoverable)13.2 ( )0.5 (amount)13.2 ( )0.5 (is)13.2 ( )0.5 (estimated)13.2 (.)13.2 ( )0.5 (In)13.2 ( )]TJ 0.028 Tc 0.045 Tw 0 -1.524 TD (addition, for goodwill, the recoverable amount is estimated annually whe\ther or )Tj 0 Tw T* (not there is any indication of impairment.)Tj ET endstreamendobj900 0 obj<>endobj897 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 37.6388 33.8036 Tm (218)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0.113 Tc 0.077 Tw 14 0 0 14 70.8661 670.2631 Tm [(2)85.2 ( )-972.9 (SU)0.5 (MM)0.5 (A)0.5 (RY)14.4 ( OF)14.4 ( S)0.5 (IG)0.5 (NI)0.5 (F)0.5 (IC)0.5 (A)0.5 (NT)14.4 ( A)0.5 (CC)0.5 (OU)0.5 (N)0.5 (TI)0.5 (N)0.5 (G)14.3 ( P)0.5 (OL)0.5 (IC)0.5 (I)0.5 (ES)85.2 ( )]TJ 0.028 Tc -0.028 Tw 2.025 -1.357 Td (\(Continued\))Tj 0 0 0 0.8 k 0 Tw 11.5 0 0 11.5 99.2126 617.2631 Tm [(\(m\) )-520.5 (Fair value measurement \(Continued\))]TJ 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.088 Tw 10.5 0 0 10.5 127.5591 585.2631 Tm (A fair value measurement of a non-financial asset takes into account a m\arket )Tj 0.053 Tc 0.078 Tw 0 -1.524 TD [(participant)13.6 (\222)13.6 (s)13.6 ( ability)13.6 ( to)13.6 ( generate)13.6 ( economic)13.6 ( benefits)13.6 ( by)13.6 ( using)13.5 ( the)13.6 ( asset)13.6 ( in)13.6 ( its)25.2 ( )]TJ 0.024 Tc 0 Tw T* [(highest and best use or by selling it to another market participant that\ would use)-3.8 ( )]TJ 0.028 Tc T* (the asset in its highest and best use.)Tj 0.028 Tw 0 -3.048 TD [(The Group uses valuation )0.5 (techniques that )0.5 (are appropriate in )0.5 (the circumstances )]TJ 0.043 Tc 0.078 Tw 0 -1.524 TD [(and)14 ( for)14 ( which)13.9 ( sufficient)14 ( data)13.9 ( are)14 ( available)14 ( to)14 ( measure)14 ( fair)14 ( value)14 (,)14 ( maximising)15.2 ( )]TJ 0.029 Tc 0.091 Tw T* [(the)1.2 ( )0.5 (use)1.2 ( of)1.2 ( )0.5 (relevant)1.2 ( )0.5 (observable)1.2 ( inputs)1.2 ( )0.5 (and)1.2 ( )0.5 (minimising)1.2 ( )0.5 (the)1.3 ( use)1.2 ( )0.5 (of)1.1 ( )0.5 (unobservable)1.2 ( )]TJ 0.028 Tc -0.028 Tw T* (inputs.)Tj 0.046 Tc 0.078 Tw 0 -3.048 TD [(All)13.5 ( assets)13.5 ( and)13.5 ( liabilities)13.4 ( for)13.5 ( which)13.5 ( fair)13.4 ( value)13.5 ( is)13.5 ( measured)13.5 ( or)13.5 ( disclosed)13.5 ( in)13.5 ( the)18.2 ( )]TJ 0.031 Tc 0.089 Tw 0 -1.524 TD [(financial)3.2 ( )0.5 (statements)3.2 ( )0.5 (are)3.2 ( )0.5 (categorised)3.2 ( within)3.2 ( )0.5 (the)3.2 ( fair)3.3 ( value)3.2 ( )0.5 (hierarchy)3.2 (,)3.2 ( )0.5 (described)3.2 ( )]TJ 0.04 Tc 0.08 Tw 0 -1.524 TD [(as)12.2 ( follows)12.2 (,)12.2 ( )0.5 (based)12.2 ( )0.5 (on)12.2 ( the)12.2 ( )0.5 (lowest)12.2 ( level)12.2 ( input)12.2 ( that)12.1 ( )0.5 (is)12.2 ( )0.5 (significant)12.2 ( )0.5 (to)12.2 ( the)12.2 ( )0.5 (fair)12.2 ( )0.5 (value)12.2 ( )]TJ 0.028 Tc 0 Tw T* (measurement as a whole:)Tj 0 -3.048 TD (Level 1)Tj 0 Tc 6.499 0 Td (\226)Tj 0.028 Tc 1.6 0 Td (based on quoted prices \(unadjusted\) in active markets for )Tj 0 -1.524 TD (identical assets or liabilities)Tj -8.099 -3.048 Td (Level 2)Tj 0 Tc 6.499 0 Td (\226)Tj 0.028 Tc 1.6 0 Td (based on valuation techniques for which the lowest level input )Tj T* (that is significant to the fair value measurement is observable, )Tj T* (either directly or indirectly)Tj -8.099 -3.048 Td (Level 3)Tj 0 Tc 6.499 0 Td (\226)Tj 0.028 Tc 1.6 0 Td (based on valuation techniques for which the lowest level )Tj T* (input that is significant to the fair value measurement is )Tj -0.028 Tw T* (unobservable)Tj 0.054 Tc 0.078 Tw -8.099 -2.921 Td [(For)14.2 ( )0.5 (assets)14.3 ( )0.5 (and)14.2 ( )0.5 (liabilities)14.3 ( )0.5 (that)14.2 ( )0.5 (are)14.3 ( )0.5 (recognised)14.2 ( )0.5 (in)14.2 ( )0.5 (the)14.3 ( )0.5 (financial)14.3 ( )0.5 (statements)14.3 ( )0.5 (on)26.2 ( )]TJ 0.065 Tc T* [(a)13.8 ( recurring)13.8 ( basis)13.8 (,)13.8 ( the)13.9 ( Group)13.9 ( determines)13.8 ( whether)13.8 ( transfers)13.8 ( have)13.8 ( occurred)37.2 ( )]TJ 0.043 Tc T* [(between)14.2 ( )0.5 (levels)14.2 ( )0.5 (in)14.2 ( )0.5 (the)14.2 ( )0.6 (hierarchy)14.2 ( )0.5 (by)14.2 ( )0.5 (reassessing)14.2 ( )0.5 (categorisation)14.2 ( )0.5 (\()14.3 (based)14.2 ( )0.5 (on)14.2 ( )0.5 (the)15.2 ( )]TJ 0.028 Tc 0.004 Tw T* (lowest level input that is significant to the fair value measurement as \a whole\) at )Tj 0 Tw T* (the end of each reporting period.)Tj ET endstreamendobj898 0 obj<>endobj895 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 536.9537 33.8036 Tm (217)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0.113 Tc 0.077 Tw 14 0 0 14 70.8661 670.2631 Tm [(2)85.2 ( )-972.9 (SU)0.5 (MM)0.5 (A)0.5 (RY)14.4 ( OF)14.4 ( S)0.5 (IG)0.5 (NI)0.5 (F)0.5 (IC)0.5 (A)0.5 (NT)14.4 ( A)0.5 (CC)0.5 (OU)0.5 (N)0.5 (TI)0.5 (N)0.5 (G)14.3 ( P)0.5 (OL)0.5 (IC)0.5 (I)0.5 (ES)85.2 ( )]TJ 0.028 Tc -0.028 Tw 2.025 -1.357 Td (\(Continued\))Tj 0 0 0 0.8 k 0 Tw 11.5 0 0 11.5 99.2126 617.2631 Tm [(\(l\) )-1131.5 (Leases \(Continued\))]TJ 0 0 0 1 k /GS1 gs 10.5 0 0 10.5 127.5591 585.2631 Tm [(\(iv\) )-782.5 (Operating lease charges)]TJ /T1_2 1 Tf 0.06 Tc 0.078 Tw 2.7 -3.048 Td [(Where)14 ( the)14 ( Group)14 ( has)14 ( the)14.1 ( use)14 ( of)14 ( assets)14.1 ( held)14 ( under)14 ( operating)14.1 ( leases)14.1 (,)32.1 ( )]TJ 0.042 Tc 0 -1.524 TD [(payments)13.6 ( made)13.6 ( under)13.7 ( the)13.7 ( leases)13.7 ( are)13.7 ( charged)13.7 ( to)13.6 ( profit)13.7 ( or)13.6 ( loss)13.6 ( in)13.6 ( equal)14.2 ( )]TJ 0.068 Tc T* [(instalments)14 ( over)14.1 ( the)14 ( accounting)14 ( periods)14.1 ( covered)14.1 ( by)14 ( the)14 ( lease)14 ( term)14.1 (,)40.2 ( )]TJ 0.028 Tc 0.045 Tw T* (except where an alternative basis is more representative of the pattern \of )Tj 0.035 Tc 0.085 Tw T* [(b)0.5 (en)0.5 (ef)0.5 (i)0.5 (t)0.5 (s)7.2 ( t)0.5 (o)7.2 ( )0.5 (be)7.2 ( )0.5 (d)0.5 (er)0.5 (i)0.5 (ve)0.5 (d)7.2 ( )0.5 (fr)0.5 (o)0.5 (m)7.2 ( )0.5 (th)0.5 (e)7.2 ( )0.5 (le)0.5 (as)0.5 (e)0.5 (d)7.2 ( )0.5 (as)0.5 (se)0.5 (t)7.2 (.)7.2 ( )0.5 (Le)0.5 (a)0.5 (se)7.2 ( )0.5 (i)0.5 (nc)0.5 (e)0.5 (nt)0.5 (i)0.5 (ve)0.5 (s)7.2 ( )0.5 (re)0.5 (ce)0.5 (i)0.5 (ve)0.5 (d)7.2 ( )]TJ 0.039 Tc 0.081 Tw T* [(are)11.2 ( )0.5 (recognised)11.2 ( )0.5 (in)11.2 ( )0.5 (profit)11.2 ( or)11.2 ( loss)11.2 ( )0.5 (as)11.2 ( an)11.2 ( )0.5 (integral)11.2 ( part)11.2 ( )0.5 (of)11.2 ( the)11.2 ( aggregate)11.2 ( )0.5 (net)11.2 ( )]TJ 0.028 Tc 0.07 Tw T* (lease payments made. Contingent rentals are charged to profit or loss in\ )Tj 0 Tw T* (the accounting period in which they are incurred. )Tj 0.051 Tw 0 -3.048 TD [(The cost )0.5 (of acquiring land )0.5 (held )0.5 (under an operating lease )0.5 (is amortised on )]TJ 0 Tw 0 -1.524 TD (a straight-line basis over the period of the lease term.)Tj 0 0 0 0.8 k /GS0 gs /T1_1 1 Tf 11.5 0 0 11.5 99.2126 359.2631 Tm [(\(m\) )-520.5 (Fair value measurement)]TJ 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.043 Tc 0.078 Tw 10.5 0 0 10.5 127.5591 327.2631 Tm [(The)14.2 ( )0.5 (Group)14.2 ( )0.5 (measures)14.2 ( )0.5 (its)14.3 ( certain)14.2 ( )0.5 (trade)14.3 ( and)14.2 ( )0.5 (bills)14.2 ( )0.5 (receivables)14.3 (,)14.2 ( )0.5 (unquoted)14.3 ( )0.5 (equity)15.2 ( )]TJ 0.058 Tc T* [(investment)13.6 ( in)13.5 ( non)13.5 (-)13.5 (listed)13.5 ( companies)13.5 (,)13.5 ( equity)13.5 ( investment)13.5 ( in)13.5 ( listed)13.5 ( companies)30.2 ( )]TJ 0.048 Tc T* [(at)14.2 ( fair)14.2 ( value)14.2 ( at)14.1 ( )0.5 (the)14.1 ( end)14.1 ( )0.5 (of)14.2 ( each)14.2 ( reporting)14.2 ( period)14.2 (.)14.1 ( )0.5 (Fair)14.2 ( value)14.1 ( )0.5 (is)14.2 ( the)14.2 ( price)14.2 ( that)20.2 ( )]TJ 0.043 Tc T* [(would)14.1 ( be)14.1 ( received)14.1 ( to)14.1 ( sell)14.2 ( an)14.1 ( asset)14.1 ( or)14.1 ( paid)14.1 ( to)14.1 ( transfer)14.1 ( a)14.1 ( liability)14.1 ( in)14.1 ( an)14.1 ( orderly)15.2 ( )]TJ 0.055 Tc T* [(transaction)14.1 ( between)14.1 ( )0.5 (market)14.1 ( participants)14.1 ( at)14.1 ( the)14.2 ( measurement)14.2 ( date)14.2 (.)14.1 ( The)14.2 ( fair)27.2 ( )]TJ 0.048 Tc T* [(value)13.7 ( measurement)13.7 ( is)13.7 ( based)13.6 ( on)13.6 ( the)13.6 ( presumption)13.6 ( that)13.7 ( the)13.6 ( transaction)13.6 ( to)13.6 ( sell)20.3 ( )]TJ 0.061 Tc T* [(the)14.1 ( asset)14.1 ( or)14.1 ( transfer)14.1 ( the)14.1 ( liability)14.1 ( takes)14.1 ( place)14.1 ( either)14.1 ( in)14.1 ( the)14.1 ( principal)14.1 ( market)33.2 ( )]TJ 0.046 Tc T* [(for)14 ( the)13.9 ( asset)14 ( or)14 ( liability)14 (,)13.9 ( or)14 ( in)14 ( the)14 ( absence)14 ( of)14 ( a)13.9 ( principal)13.9 ( market)14 (,)13.9 ( in)13.9 ( the)13.9 ( most)18.2 ( )]TJ 0.075 Tc T* [(advantageous)13.5 ( market)13.5 ( for)13.5 ( the)13.5 ( asset)13.5 ( or)13.5 ( liability)13.6 (.)13.4 ( The)13.5 ( principal)13.5 ( or)13.5 ( the)13.5 ( most)47.2 ( )]TJ 0.043 Tc T* [(advantageous)14.1 ( market)14.1 ( must)14.1 ( be)14.1 ( accessible)14 ( by)14 ( the)14 ( Group)14.1 (.)14.1 ( The)14 ( fair)14.1 ( value)14.1 ( of)14.1 ( an)15.2 ( )]TJ 0.028 Tc 0.086 Tw T* (asset or a liability is measured using the assumptions that market parti\cipants )Tj 0.038 Tw 0 -1.524 TD (would use when pricing the asset or liability, assuming that market part\icipants )Tj 0 Tw 0 -1.524 TD (act in their economic best interest.)Tj ET endstreamendobj896 0 obj<>endobj893 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 37.6388 33.8036 Tm (216)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0.113 Tc 0.077 Tw 14 0 0 14 70.8661 670.2631 Tm [(2)85.2 ( )-972.9 (SU)0.5 (MM)0.5 (A)0.5 (RY)14.4 ( OF)14.4 ( S)0.5 (IG)0.5 (NI)0.5 (F)0.5 (IC)0.5 (A)0.5 (NT)14.4 ( A)0.5 (CC)0.5 (OU)0.5 (N)0.5 (TI)0.5 (N)0.5 (G)14.3 ( P)0.5 (OL)0.5 (IC)0.5 (I)0.5 (ES)85.2 ( )]TJ 0.028 Tc -0.028 Tw 2.025 -1.357 Td (\(Continued\))Tj 0 0 0 0.8 k 0 Tw 11.5 0 0 11.5 99.2126 617.2631 Tm [(\(l\) )-1131.5 (Leases \(Continued\))]TJ 0 0 0 1 k /GS1 gs 10.5 0 0 10.5 127.5591 585.2631 Tm [(\(ii\) )-1060.5 (Assets acquired under finance leases)]TJ /T1_2 1 Tf 0.047 Tc 0.078 Tw 2.7 -3.048 Td [(Where)13.7 ( the)13.7 ( Group)13.6 ( acquires)13.6 ( the)13.6 ( use)13.6 ( of)13.6 ( assets)13.6 ( under)13.6 ( finance)13.6 ( leases)13.6 (,)13.6 ( the)19.2 ( )]TJ 0.065 Tc 0 -1.524 TD [(amounts)14 ( representing)14 ( the)14.1 ( fair)14 ( value)14 ( of)14 ( the)14.1 ( leased)14.1 ( asset)14 (,)14 ( or)14 (,)14.1 ( if)14 ( lower)14 (,)37.2 ( )]TJ 0.058 Tc T* [(the)14 ( present)13.9 ( value)13.9 ( of)13.9 ( the)13.9 ( minimum)13.9 ( lease)14 ( payments)13.9 ( of)13.9 ( such)14 ( assets)13.9 ( are)30.2 ( )]TJ 0.06 Tc 0.077 Tw T* [(r)0.5 (ec)0.5 (o)0.5 (gn)0.5 (i)0.5 (se)0.5 (d)14.4 ( a)0.5 (s)14.3 ( p)0.5 (r)0.5 (op)0.5 (e)0.5 (rt)0.5 (y)14.4 (,)14.3 ( pl)0.5 (a)0.5 (nt)14.4 ( a)0.5 (nd)14.4 ( e)0.5 (q)0.5 (ui)0.5 (p)0.5 (m)0.5 (en)0.5 (t)14.3 ( an)0.5 (d)14.4 ( th)0.5 (e)14.4 ( c)0.5 (or)0.5 (r)0.5 (es)0.5 (po)0.5 (n)0.5 (d)0.5 (in)0.5 (g)32.2 ( )]TJ 0.063 Tc 0.078 Tw T* [(liabilities)13.5 (,)13.6 ( net)13.5 ( of)13.6 ( finance)13.5 ( charges)13.5 (,)13.6 ( are)13.5 ( recorded)13.5 ( as)13.6 ( obligations)13.5 ( under)35.2 ( )]TJ 0.028 Tc 0.086 Tw T* [(finance )0.5 (leases. )0.5 (Depreciation )0.5 (is )0.5 (provided )0.6 (at )0.5 (rates )0.5 (which )0.6 (write )0.5 (off )0.5 (the )0.6 (cost )]TJ 0.046 Tc 0.078 Tw T* [(or)14 ( valuation)14 ( of)14 ( the)13.9 ( assets)14 ( over)14 ( the)14 ( term)14 ( of)14 ( the)14 ( relevant)13.9 ( lease)14 ( or)14 (,)13.9 ( where)18.2 ( )]TJ 0.028 Tc 0.083 Tw T* (it is likely that the Group will obtain ownership of the asset, as set o\ut in )Tj 0.051 Tc 0.078 Tw T* [(note)14.3 ( )0.5 (2)14.2 (\()14.3 (i)14.3 (\))14.3 (.)14.2 ( )0.5 (Impairment)14.3 ( )0.6 (losses)14.2 ( )0.6 (are)14.3 ( )0.5 (accounted)14.3 ( )0.5 (for)14.3 ( )0.5 (in)14.2 ( )0.6 (accordance)14.3 ( )0.5 (with)14.3 ( )0.5 (the)23.2 ( )]TJ 0.028 Tc 0 -1.524 TD (accounting policy as set out in note 2\(n\). Finance charges implicit in\ the )Tj 0.025 Tw 0 -1.524 TD (lease payments are charged to profit or loss over the period of the leas\es )Tj 0.041 Tc 0.079 Tw T* [(so)13.2 ( as)13.2 ( to)13.2 ( )0.5 (produce)13.2 ( an)13.2 ( approximately)13.2 ( constant)13.2 ( )0.5 (periodic)13.2 ( rate)13.2 ( )0.5 (of)13.2 ( )0.5 (charge)13.2 ( )0.5 (on)13.2 ( )]TJ 0.058 Tc 0.078 Tw T* [(the)13.6 ( remaining)13.6 ( balance)13.6 ( of)13.5 ( the)13.6 ( obligations)13.5 ( for)13.6 ( each)13.5 ( accounting)13.6 ( period)13.5 (.)30.2 ( )]TJ 0.029 Tc 0.091 Tw T* [(Contingent)1.2 ( )0.5 (rentals)1.2 ( )0.5 (are)1.2 ( )0.5 (charged)1.2 ( )0.5 (to)1.2 ( profit)1.2 ( )0.5 (or)1.3 ( loss)1.2 ( )0.5 (in)1.2 ( )0.5 (the)1.2 ( )0.5 (accounting)1.2 ( )0.5 (period)1.2 ( )]TJ 0.028 Tc 0 Tw T* (in which they are incurred.)Tj /T1_1 1 Tf -2.7 -3.048 Td [(\(iii\) )-754.7 (Sales and leaseback arrangement resulting in finance lease)]TJ /T1_2 1 Tf 0.076 Tw 2.7 -3.048 Td (A sales and leaseback arrangement which results in a finance lease is a \)Tj 0.027 Tc 0 Tw T* [(means whereby the lessor provides finance to the lessee with the asset a\s)-0.8 ( )]TJ 0.028 Tc 0.08 Tw T* (security. 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)0.5 (to)14.1 ( )0.5 (charge)14.2 ( )0.5 (for)14.2 ( )0.5 (usage)14.2 ( )0.5 (of)14.2 ( )0.5 (the)14.2 ( )0.5 (concession)55.1 ( )]TJ 0.077 Tc T* [(infrastructure)14.3 (.)14.2 ( )0.6 (Intangible)14.3 ( )0.5 (assets)14.3 ( )0.5 (received)14.3 ( )0.5 (as)14.2 ( )0.6 (consideration)14.3 ( )0.5 (for)14.3 ( )0.5 (providing)49.2 ( )]TJ 0.046 Tc T* [(construction)13.9 ( services)13.9 ( in)13.9 ( a)13.9 ( service)13.9 ( concession)13.8 ( arrangement)13.9 ( are)13.9 ( measured)13.9 ( at)18.2 ( )]TJ 0.035 Tc 0.085 Tw T* [(fair)7.2 ( )0.5 (value)7.2 ( )0.5 (upon)7.2 ( )0.5 (initial)7.2 ( )0.5 (recognition)7.2 (.)7.2 ( )0.5 (Subsequent)7.2 ( )0.5 (to)7.2 ( initial)7.2 ( )0.5 (recognition)7.2 (,)7.2 ( )0.5 (intangible)7.2 ( )]TJ 0.033 Tc 0.087 Tw T* [(assets)5.2 ( )0.5 (are)5.2 ( )0.5 (measured)5.2 ( )0.5 (at)5.2 ( cost)5.2 ( )0.5 (less)5.3 ( accumulated)5.2 ( )0.5 (amortisation)5.2 ( )0.5 (and)5.3 ( accumulated)5.2 ( )]TJ 0.028 Tc 0 Tw T* (impairment losses \(see note 2\(n\)\).)Tj 0.071 Tc 0.078 Tw 0 -3.048 TD [(Other)13.5 ( intangible)13.4 ( assets)13.5 ( that)13.5 ( are)13.4 ( acquired)13.5 ( by)13.5 ( the)13.5 ( Group)13.5 ( are)13.4 ( stated)13.5 ( in)13.5 ( the)43.2 ( )]TJ 0.046 Tc 0 -1.524 TD [(statement)14 ( of)14 ( financial)14.1 ( position)14 ( at)14 ( cost)14 ( less)14.1 ( accumulated)14 ( amortisation)14 ( \()14.1 (where)18.2 ( )]TJ 0.073 Tc T* [(the)13.9 ( estimated)14 ( useful)13.9 ( life)13.9 ( is)13.9 ( finite)13.9 (\))13.9 ( and)13.9 ( impairment)13.9 ( losses)13.9 ( \()13.9 (see)13.9 ( note)13.9 ( 2)13.9 (\()13.9 (n)13.9 (\))13.9 (\))13.9 (.)45.2 ( )]TJ 0.035 Tc 0.085 Tw 0 -1.524 TD [(Ex)0.5 (pend)0.5 (itu)0.5 (re)7.2 ( )0.5 (on)7.2 ( )0.5 (in)0.5 (ter)0.5 (nall)0.5 (y)7.2 ( )0.5 (gene)0.5 (rat)0.5 (ed)7.2 ( )0.5 (goo)0.5 (dwi)0.5 (ll)7.2 ( )0.5 (an)0.5 (d)7.2 ( b)0.5 (rand)0.5 (s)7.2 ( )0.5 (is)7.2 ( )0.5 (re)0.5 (cogn)0.5 (ise)0.5 (d)7.2 ( a)0.5 (s)7.2 ( a)0.5 (n)7.2 ( )]TJ 0.028 Tc 0 Tw 0 -1.524 TD (expense in the period in which it is incurred.)Tj 0.054 Tc 0.078 Tw 0 -3.048 TD [(Amortisation)14.1 ( of)14.1 ( intangible)14.1 ( )0.5 (assets)14.1 ( with)14.2 ( finite)14.1 ( )0.5 (useful)14.2 ( lives)14.1 ( is)14.2 ( charged)14.2 ( to)14.1 ( profit)26.2 ( )]TJ 0.057 Tc 0 -1.524 TD [(or)13.6 ( loss)13.7 ( on)13.7 ( a)13.7 ( straight)13.6 (-)13.7 (line)13.6 ( basis)13.7 ( over)13.7 ( the)13.6 ( assets)13.7 (\222)13.7 ( estimated)13.7 ( useful)13.7 ( lives)13.7 (.)13.7 ( The)29.2 ( )]TJ 0.036 Tc 0.084 Tw T* [(following)8.2 ( )0.5 (intangible)8.2 ( )0.5 (assets)8.2 ( )0.5 (with)8.2 ( )0.5 (finite)8.2 ( )0.5 (useful)8.2 ( lives)8.2 ( are)8.2 ( )0.5 (amortised)8.2 ( )0.5 (from)8.2 ( )0.5 (the)8.2 ( date)8.2 ( )]TJ 0.028 Tc 0 Tw T* (they are available for use and their estimated useful lives are as follo\ws:)Tj /C0_0 1 Tf 0 Tc 0 -3.048 TD <00D1>Tj /T1_2 1 Tf 0.028 Tc 2.7 0 Td (Concession assets)Tj 29.371 0 Td (20\22625 years)Tj /C0_0 1 Tf 0 Tc -32.07 -1.524 Td <00D1>Tj /T1_2 1 Tf 0.028 Tc 2.7 0 Td (Software and others)Tj 31.65 0 Td (5 years)Tj -34.349 -2.921 Td (Both the period and method of amortisation are reviewed annually.)Tj ET endstreamendobj908 0 obj<>endobj905 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 37.6388 33.8036 Tm (212)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0.113 Tc 0.077 Tw 14 0 0 14 70.8661 670.2631 Tm [(2)85.2 ( )-972.9 (SU)0.5 (MM)0.5 (A)0.5 (RY)14.4 ( OF)14.4 ( S)0.5 (IG)0.5 (NI)0.5 (F)0.5 (IC)0.5 (A)0.5 (NT)14.4 ( A)0.5 (CC)0.5 (OU)0.5 (N)0.5 (TI)0.5 (N)0.5 (G)14.3 ( P)0.5 (OL)0.5 (IC)0.5 (I)0.5 (ES)85.2 ( )]TJ 0.028 Tc -0.028 Tw 2.025 -1.357 Td (\(Continued\))Tj 0 0 0 0.8 k 0 Tw 11.5 0 0 11.5 99.2126 617.2631 Tm [(\(i\) )-1131.5 (Property, plant and equipment \(Continued\))]TJ 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.037 Tc 0.083 Tw 10.5 0 0 10.5 127.5591 585.2631 Tm [(Expenditure)9.2 ( incurred)9.2 ( )0.5 (after)9.2 ( )0.5 (items)9.2 ( of)9.2 ( property)9.2 (,)9.2 ( )0.5 (plant)9.2 ( and)9.2 ( )0.5 (equipment)9.2 ( have)9.2 ( )0.5 (been)9.2 ( )]TJ 0.044 Tc 0.078 Tw 0 -1.524 TD [(put)13.6 ( into)13.7 ( operation)13.7 (,)13.7 ( such)13.7 ( as)13.7 ( repairs)13.7 ( and)13.7 ( maintenance)13.7 (,)13.7 ( is)13.7 ( normally)13.7 ( charged)13.7 ( to)16.2 ( )]TJ 0.028 Tc 0.069 Tw T* [(the )0.5 (statement )0.6 (of )0.5 (profit )0.5 (or )0.6 (loss )0.5 (in )0.6 (the )0.5 (period )0.5 (in )0.6 (which )0.5 (it )0.6 (is )0.5 (incurred. )0.6 (In )0.5 (situations )]TJ 0.081 Tc 0.078 Tw T* [(where)14 ( the)14 ( recognition)14 ( criteria)14 ( are)14 ( satisfied)14 (,)14 ( the)14 ( expenditure)14 ( for)14 ( a)14 ( major)53.2 ( )]TJ 0.028 Tc 0.065 Tw T* (inspection is capitalised in the carrying amount of the asset as a repla\cement. )Tj 0.047 Tc 0.078 Tw T* [(Where)13.8 ( significant)13.8 ( parts)13.8 ( of)13.9 ( property)13.8 (,)13.8 ( plant)13.8 ( and)13.8 ( equipment)13.9 ( are)13.8 ( required)13.8 ( to)13.8 ( be)19.2 ( )]TJ 0.028 Tc 0.008 Tw T* (replaced at intervals, the Group recognises such parts as individual ass\ets with )Tj 0 Tw T* (specific useful lives and depreciates them accordingly.)Tj 0.033 Tc 0.087 Tw 0 -3.048 TD [(Depreciation)5.2 ( )0.5 (is)5.2 ( )0.5 (calculated)5.2 ( )0.5 (to)5.2 ( write)5.2 ( )0.5 (off)5.2 ( the)5.2 ( )0.5 (cost)5.2 ( )0.5 (of)5.2 ( )0.5 (items)5.2 ( )0.5 (of)5.2 ( property)5.2 (,)5.2 ( )0.5 (plant)5.2 ( )0.5 (and)5.2 ( )]TJ 0.046 Tc 0.078 Tw 0 -1.524 TD [(equipment)13.7 (,)13.7 ( less)13.7 ( their)13.7 ( estimated)13.7 ( residual)13.7 ( value)13.7 (,)13.7 ( if)13.7 ( any)13.7 (,)13.7 ( using)13.7 ( the)13.7 ( straight)13.7 (-)13.7 (line)18.2 ( )]TJ 0.028 Tc 0 Tw 0 -1.524 TD (method over their estimated useful lives as follows:)Tj /C0_0 1 Tf 0 Tc 0 -3.048 TD <00D1>Tj /T1_2 1 Tf 0.028 Tc 2.7 0 Td ( Land, buildings and structures)Tj 29.371 0 Td (10\22640 years)Tj /C0_0 1 Tf 0 Tc -32.07 -1.524 Td <00D1>Tj /T1_2 1 Tf 0.028 Tc 2.7 0 Td ( Wind turbines)Tj 29.371 0 Td (15\22625 years)Tj /C0_0 1 Tf 0 Tc -32.07 -1.524 Td <00D1>Tj /T1_2 1 Tf 0.028 Tc 2.7 0 Td ( Other machinery and equipment)Tj 29.954 0 Td (4\22630 years)Tj /C0_0 1 Tf 0 Tc -32.654 -1.524 Td <00D1>Tj /T1_2 1 Tf 0.028 Tc 2.7 0 Td ( Motor vehicles)Tj 29.954 0 Td (5\22615 years)Tj /C0_0 1 Tf 0 Tc -32.654 -1.524 Td <00D1>Tj /T1_2 1 Tf 0.028 Tc 2.7 0 Td ( Furniture, fixtures and others)Tj 29.954 0 Td (4\22618 years)Tj 0.03 Tc 0.09 Tw -32.654 -2.921 Td [(Where)2.2 ( )0.5 (parts)2.2 ( )0.5 (of)2.2 ( an)2.2 ( )0.5 (item)2.2 ( )0.5 (of)2.2 ( )0.5 (property)2.2 (,)2.2 ( )0.5 (plant)2.2 ( and)2.2 ( equipment)2.2 ( )0.5 (have)2.2 ( )0.5 (different)2.2 ( useful)2.2 ( )]TJ 0.028 Tc 0.046 Tw 0 -1.524 TD [(lives, )0.6 (the )0.5 (cost )0.6 (of )0.5 (the )0.5 (item )0.5 (is )0.6 (allocated )0.6 (on )0.5 (a )0.5 (reasonable )0.5 (basis )0.6 (between )0.5 (the )0.6 (parts )]TJ 0.028 Tw T* [(and )0.5 (each part )0.5 (is )0.5 (depreciated )0.5 (separately. Both )0.5 (the useful life )0.5 (of an )0.5 (asset and its )]TJ 0 Tw T* (residual value, if any, are reviewed annually.)Tj 0.066 Tc 0.078 Tw 0 -3.048 TD [(Construction)14.1 ( in)14.1 ( progress)14 ( represents)14.1 ( a)14 ( building)14.1 ( under)14.1 ( construction)14 (,)14.1 ( which)38.1 ( )]TJ 0.06 Tc 0 -1.524 TD [(is)14 ( stated)13.9 ( at)14 ( cost)13.9 ( less)14 ( any)13.9 ( impairment)13.9 ( losses)14 (,)13.9 ( and)13.9 ( is)13.9 ( not)14 ( depreciated)13.9 (.)13.9 ( Cost)32.2 ( )]TJ 0.053 Tc T* [(comprises)13.8 ( the)13.8 ( direct)13.8 ( costs)13.8 ( of)13.8 ( construction)13.8 ( and)13.8 ( capitalised)13.9 ( borrowing)13.8 ( costs)25.2 ( )]TJ 0.059 Tc T* [(on)13.5 ( related)13.5 ( borrowed)13.5 ( funds)13.5 ( during)13.5 ( the)13.5 ( period)13.5 ( of)13.5 ( construction)13.5 (.)13.5 ( Construction)31.2 ( )]TJ 0.042 Tc T* [(in)14.2 ( )0.5 (progress)14.3 ( is)14.2 ( )0.5 (reclassified)14.2 ( )0.5 (to)14.2 ( )0.5 (the)14.2 ( )0.5 (appropriate)14.2 ( )0.5 (category)14.2 ( of)14.2 ( )0.5 (property)14.2 (,)14.2 ( plant)14.2 ( )0.5 (and)14.2 ( )]TJ 0.028 Tc 0 Tw T* (equipment when completed and ready for use.)Tj ET endstreamendobj906 0 obj<>endobj903 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 536.9537 33.8036 Tm (211)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0.113 Tc 0.077 Tw 14 0 0 14 70.8661 670.2631 Tm [(2)85.2 ( )-972.9 (SU)0.5 (MM)0.5 (A)0.5 (RY)14.4 ( OF)14.4 ( S)0.5 (IG)0.5 (NI)0.5 (F)0.5 (IC)0.5 (A)0.5 (NT)14.4 ( A)0.5 (CC)0.5 (OU)0.5 (N)0.5 (TI)0.5 (N)0.5 (G)14.3 ( P)0.5 (OL)0.5 (IC)0.5 (I)0.5 (ES)85.2 ( )]TJ 0.028 Tc -0.028 Tw 2.025 -1.357 Td (\(Continued\))Tj 0 0 0 0.8 k 0 Tw 11.5 0 0 11.5 99.2126 617.2631 Tm [(\(h\) )-798.5 (Investment properties)]TJ 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.038 Tc 0.082 Tw 10.5 0 0 10.5 127.5591 585.2631 Tm [(Investment)10.2 ( properties)10.1 ( )0.5 (are)10.1 ( )0.5 (land)10.2 ( and)10.2 ( buildings)10.2 ( which)10.2 ( )0.5 (are)10.2 ( )0.5 (owned)10.2 ( or)10.2 ( )0.5 (held)10.2 ( under)10.2 ( )]TJ 0.056 Tc 0.078 Tw 0 -1.524 TD [(a)13.6 ( leasehold)13.6 ( interest)13.7 ( \()13.6 (see)13.6 ( note)13.6 ( 2)13.6 (\()13.6 (l)13.6 (\))13.6 (\))13.6 ( to)13.6 ( earn)13.6 ( rental)13.6 ( income)13.6 ( and)13.6 (/)13.6 (or)13.6 ( for)13.6 ( capital)28.2 ( )]TJ 0.028 Tc -0.028 Tw T* (appreciation.)Tj 0.072 Tc 0.078 Tw 0 -3.048 TD [(Investment)14 ( properties)14 ( are)13.9 ( stated)14 ( in)14 ( the)13.9 ( statement)14 ( of)13.9 ( financial)13.9 ( position)14 ( at)44.2 ( )]TJ 0.053 Tc 0 -1.524 TD [(cost)13.4 ( less)13.5 ( accumulated)13.5 ( depreciation)13.4 ( and)13.4 ( impairment)13.5 ( losses)13.5 ( \()13.4 (see)13.4 ( note)13.5 ( 2)13.4 (\()13.5 (n)13.5 (\))13.4 (\))13.5 (.)25.2 ( )]TJ 0.028 Tc 0.042 Tw T* (Depreciation is calculated to write off the cost less residual value if \applicable, )Tj 0.056 Tc 0.078 Tw T* [(using)14.3 ( )0.5 (the)14.2 ( )0.6 (straight)14.2 (-)14.3 (line)14.2 ( )0.5 (method)14.3 ( )0.5 (over)14.3 ( )0.5 (the)14.3 ( )0.5 (estimated)14.3 ( )0.5 (useful)14.2 ( )0.5 (lives)14.2 ( )0.5 (ranging)14.3 ( )0.5 (from)28.2 ( )]TJ 0.033 Tc 0.087 Tw T* [(3)5.2 (0)5.2 ( )0.5 (to)5.2 ( )0.5 (5)5.2 (0)5.2 ( )0.5 (years)5.2 (.)5.2 ( )0.5 (Rental)5.2 ( )0.5 (income)5.2 ( )0.5 (from)5.3 ( investment)5.2 ( )0.5 (properties)5.2 ( is)5.2 ( )0.5 (accounted)5.2 ( )0.5 (for)5.2 ( )0.5 (as)5.3 ( )]TJ 0.028 Tc 0 Tw T* (described in note 2\(y\).)Tj 0 0 0 0.8 k /GS0 gs /T1_1 1 Tf 11.5 0 0 11.5 99.2126 407.2631 Tm [(\(i\) )-1131.5 (Property, plant and equipment)]TJ 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.081 Tw 10.5 0 0 10.5 127.5591 375.2631 Tm (Property, plant and equipment, other than construction in progress, are \stated )Tj 0 Tw T* (at cost less accumulated depreciation and impairment losses \(see note 2\\(n\)\).)Tj 0.04 Tc 0.08 Tw 0 -3.048 TD [(The)12.2 ( c)0.5 (ost)12.2 ( of)12.2 ( )0.5 (self)12.2 (-)12.2 (constructed)12.2 ( )0.5 (items)12.2 ( )0.5 (of)12.2 ( pro)0.5 (perty)12.2 (,)12.2 ( pl)0.5 (ant)12.3 ( and)12.2 ( )0.5 (equipment)12.2 ( )0.5 (includes)12.2 ( )]TJ 0.037 Tc 0.083 Tw 0 -1.524 TD [(the)9.2 ( )0.5 (cost)9.2 ( )0.5 (of)9.2 ( materials)9.2 (,)9.2 ( )0.5 (direct)9.2 ( )0.5 (labour)9.2 (,)9.2 ( the)9.2 ( initial)9.2 ( )0.5 (estimate)9.2 (,)9.2 ( )0.5 (where)9.2 ( )0.5 (relevant)9.2 (,)9.2 ( )0.5 (of)9.2 ( )0.5 (the)9.2 ( )]TJ 0.045 Tc 0.077 Tw T* [(c)0.5 (o)0.5 (st)0.5 (s)14.4 ( o)0.5 (f)14.4 ( d)0.5 (i)0.5 (s)0.5 (m)0.5 (a)0.5 (n)0.5 (t)0.5 (li)0.5 (n)0.5 (g)14.4 ( an)0.5 (d)14.4 ( r)0.5 (e)0.5 (m)0.5 (o)0.5 (v)0.5 (i)0.5 (ng)14.4 ( t)0.5 (he)14.4 ( it)0.5 (e)0.5 (m)0.5 (s)14.4 ( a)0.5 (n)0.5 (d)14.4 ( r)0.5 (e)0.5 (s)0.5 (to)0.5 (r)0.5 (i)0.5 (n)0.5 (g)14.4 ( t)0.5 (h)0.5 (e)14.4 ( s)0.5 (i)0.5 (t)0.5 (e)14.3 ( o)0.5 (n)14.4 ( w)0.5 (h)0.5 (i)0.5 (ch)17.2 ( )]TJ 0.034 Tc 0.086 Tw T* [(they)6.2 ( )0.5 (are)6.2 ( l)0.5 (ocated)6.2 (,)6.2 ( a)0.5 (nd)6.2 ( an)6.2 ( )0.5 (approp)0.5 (riate)6.2 ( )0.5 (proporti)0.5 (on)6.1 ( )0.5 (of)6.2 ( )0.5 (producti)0.5 (on)6.2 ( over)0.5 (heads)6.2 ( a)0.5 (nd)6.3 ( )]TJ 0.028 Tc 0 Tw T* (borrowing costs \(see note 2\(aa\)\).)Tj 0.032 Tc 0.088 Tw 0 -3.048 TD [(Gains)4.2 ( )0.5 (or)4.2 ( )0.5 (losses)4.2 ( )0.5 (arising)4.2 ( from)4.2 ( )0.5 (the)4.2 ( )0.5 (retirement)4.2 ( or)4.1 ( )0.5 (disposal)4.2 ( )0.5 (of)4.2 ( )0.5 (an)4.2 ( )0.5 (item)4.2 ( of)4.2 ( )0.5 (property)4.2 (,)4.2 ( )]TJ 0.028 Tc 0 Tw 0 -1.524 TD (plant and equipment are determined as the difference between the net dis\posal )Tj 0.032 Tc 0.088 Tw 0 -1.524 TD [(proceeds)4.2 ( and)4.2 ( the)4.2 ( carrying)4.2 ( )0.5 (amount)4.2 ( )0.5 (of)4.2 ( the)4.1 ( )0.5 (item)4.2 ( )0.5 (and)4.2 ( )0.5 (are)4.2 ( )0.5 (recognised)4.2 ( )0.5 (in)4.2 ( profit)4.2 ( )0.5 (or)4.2 ( )]TJ 0.028 Tc 0 Tw 0 -1.524 TD (loss on the date of retirement or disposal.)Tj ET endstreamendobj904 0 obj<>endobj901 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 37.6388 33.8036 Tm (210)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0.113 Tc 0.077 Tw 14 0 0 14 70.8661 670.2631 Tm [(2)85.2 ( )-972.9 (SU)0.5 (MM)0.5 (A)0.5 (RY)14.4 ( OF)14.4 ( S)0.5 (IG)0.5 (NI)0.5 (F)0.5 (IC)0.5 (A)0.5 (NT)14.4 ( A)0.5 (CC)0.5 (OU)0.5 (N)0.5 (TI)0.5 (N)0.5 (G)14.3 ( P)0.5 (OL)0.5 (IC)0.5 (I)0.5 (ES)85.2 ( )]TJ 0.028 Tc -0.028 Tw 2.025 -1.357 Td (\(Continued\))Tj 0 0 0 0.8 k 0 Tw 11.5 0 0 11.5 99.2126 617.2631 Tm [(\(f\) )-1076.5 (Goodwill \(Continued\))]TJ 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.012 Tw 10.5 0 0 10.5 127.5591 585.2631 Tm (Goodwill is stated at cost less accumulated impairment losses. Goodwill \arising )Tj 0.071 Tw 0 -1.524 TD [(on a business )0.5 (combination is allocated to each cash-generating unit, or group )]TJ 0.031 Tc 0.089 Tw T* [(o)0.5 (f)3.2 ( c)0.5 (as)0.5 (h)3.2 ( )0.5 (ge)0.5 (ne)0.5 (r)0.5 (ati)0.5 (n)0.5 (g)3.2 ( u)0.5 (n)0.5 (it)0.5 (s)3.2 (,)3.2 ( )0.5 (th)0.5 (at)3.2 ( )0.5 (i)0.5 (s)3.2 ( e)0.5 (xp)0.5 (e)0.5 (ct)0.5 (ed)3.2 ( )0.5 (t)0.5 (o)3.2 ( b)0.5 (e)0.5 (ne)0.5 (fi)0.5 (t)3.2 ( )0.5 (fr)0.5 (om)3.2 ( )0.5 (t)0.5 (he)3.2 ( )0.5 (sy)0.5 (ne)0.5 (r)0.5 (gi)0.5 (es)3.2 ( )0.5 (o)0.5 (f)3.2 ( t)0.5 (h)0.5 (e)3.1 ( )]TJ 0.028 Tc 0 Tw T* (combination and is tested annually for impairment \(see note 2\(n\)\).)Tj 0.058 Tw 0 -3.048 TD (On disposal of a cash generating unit during the year, any attributable \amount )Tj 0.053 Tc 0.078 Tw 0 -1.524 TD [(of)13.5 ( purchased)13.5 ( goodwill)13.5 ( is)13.4 ( included)13.5 ( in)13.4 ( the)13.4 ( calculation)13.5 ( of)13.4 ( the)13.5 ( profit)13.5 ( or)13.4 ( loss)13.4 ( on)25.2 ( )]TJ 0.028 Tc -0.028 Tw T* (disposal.)Tj 0 0 0 0.8 k /GS0 gs /T1_1 1 Tf 0 Tw 11.5 0 0 11.5 99.2126 439.2631 Tm [(\(g\) )-798.5 (Business combination for entities under common control)]TJ 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.049 Tc 0.078 Tw 10.5 0 0 10.5 127.5591 407.2631 Tm [(Business)14.1 ( combinations)14.1 ( arising)14.2 ( from)14.1 ( transfers)14.1 ( of)14.1 ( interests)14.2 ( in)14.1 ( entities)14.1 ( that)14.1 ( are)21.1 ( )]TJ 0.028 Tc 0.071 Tw T* (under the control of the shareholders that control the Group are account\ed for )Tj 0.029 Tw T* (as if the acquisition had occurred at the beginning of the year or, if l\ater, at the )Tj 0.092 Tw T* [(date that common control )0.5 (was )0.5 (established. )0.5 (The )0.5 (assets )0.5 (and )0.5 (liabilities )0.5 (acquired )]TJ 0.037 Tc 0.083 Tw T* [(are)9.2 ( )0.5 (recognised)9.2 ( at)9.2 ( the)9.2 ( )0.5 (carrying)9.2 ( amounts)9.2 ( recognised)9.2 ( )0.5 (previously)9.2 ( in)9.2 ( the)9.2 ( )0.5 (Group)9.2 (\222)9.2 (s)9.2 ( )]TJ 0.028 Tc 0 Tw T* (shareholders\222 consolidated financial statements.)Tj 0.029 Tc 0.091 Tw 0 -3.048 TD [(Upon)1.2 ( )0.5 (transfer)1.2 ( of)1.2 ( )0.5 (interest)1.3 ( in)1.2 ( )0.5 (an)1.2 ( )0.5 (entity)1.2 ( )0.5 (to)1.2 ( )0.5 (another)1.2 ( )0.5 (entity)1.2 ( )0.5 (that)1.3 ( is)1.2 ( )0.5 (under)1.2 ( the)1.2 ( )0.5 (control)1.2 ( )]TJ 0.028 Tc 0.038 Tw 0 -1.524 TD (of the shareholders that control the Group, any difference between the G\roup\222s )Tj 0.012 Tw T* (interest in the carrying value of the assets and liabilities and the cos\t of transfer )Tj 0 Tw T* (of interest in the entity is recognised directly in equity.)Tj ET endstreamendobj902 0 obj<>endobj854 0 obj<>/ExtGState<>/Font<>/ProcSet[/PDF/Text]/XObject<>>>/TrimBox[0.0 0.0 595.276 807.874]/Type/Page>>endobj855 0 obj<>/ExtGState<>/Font<>/ProcSet[/PDF/Text]/XObject<>>>/TrimBox[0.0 0.0 595.276 807.874]/Type/Page>>endobj856 0 obj<>/ExtGState<>/Font<>/ProcSet[/PDF/Text]/XObject<>>>/TrimBox[0.0 0.0 595.276 807.874]/Type/Page>>endobj857 0 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value on initial recognition of a financi\al asset \(see)-8.8 ( )]TJ 0.028 Tc T* (note 2\(o\)\).)Tj 0.106 Tc 0.078 Tw 0 -3.048 TD [(In)13.7 ( the)13.8 ( Company)13.8 (-)13.7 (level)13.7 ( statement)13.7 ( of)13.7 ( financial)13.7 ( position)13.8 (,)13.7 ( the)13.7 ( Company)13.7 (\222)13.7 (s)78.2 ( )462 ( )]TJ 0.028 Tc 0.051 Tw 0 -1.524 TD [(investments )0.5 (in )0.5 (associates and )0.5 (joint )0.5 (ventures )0.5 (are stated )0.5 (at )0.5 (cost less )0.5 (impairment )]TJ 0.064 Tc 0.078 Tw T* [(losses)14.3 ( )0.5 (\()14.3 (see)14.2 ( )0.6 (note)14.2 ( )0.5 (2)14.3 (\()14.3 (n)14.2 (\))14.3 (\))14.3 (,)14.2 ( )0.6 (unless)14.2 ( )0.6 (classified)14.2 ( )0.5 (as)14.3 ( )0.5 (held)14.3 ( )0.5 (for)14.3 ( )0.5 (sale)14.3 ( )0.5 (\()14.2 (or)14.3 ( )0.5 (included)14.2 ( )0.6 (in)14.3 ( )0.5 (a)36.2 ( )]TJ 0.028 Tc 0 Tw T* (disposal group that is classified as held for sale\).)Tj 0 0 0 0.8 k /GS0 gs /T1_1 1 Tf 1.077 Tw 11.5 0 0 11.5 99.2126 311.2631 Tm [(\(f\) )0.5 (Goodwill)]TJ 0 0 0 1 k 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[(consolidated)13.6 ( financial)13.6 ( statements)13.6 ( under)13.6 ( the)13.6 ( equity)13.6 ( method)13.6 (,)13.5 ( unless)13.6 ( it)13.6 ( is)55.2 ( )]TJ 0.028 Tc 0.062 Tw T* (classified as held for sale \(or included in a disposal group that is cl\assified as )Tj 0.031 Tc 0.089 Tw T* [(held)3.2 ( )0.5 (for)3.2 ( )0.5 (sale)3.3 (\))3.1 (.)3.3 ( Under)3.2 ( )0.5 (the)3.2 ( equity)3.2 ( )0.5 (method)3.2 (,)3.2 ( )0.5 (the)3.2 ( )0.5 (investment)3.2 ( )0.5 (is)3.2 ( )0.5 (initially)3.2 ( )0.5 (recorded)3.2 ( )0.5 (at)3.2 ( )]TJ 0.03 Tc 0.09 Tw T* [(cost)2.2 (,)2.2 ( )0.5 (adjusted)2.2 ( )0.5 (for)2.2 ( )0.5 (any)2.2 ( excess)2.2 ( of)2.2 ( )0.5 (the)2.2 ( Group)2.2 (\222)2.2 (s)2.2 ( )0.5 (share)2.2 ( of)2.2 ( )0.5 (the)2.2 ( )0.5 (acquisition)2.2 (-)2.2 (date)2.2 ( fair)2.2 ( )]TJ 0.028 Tc 0.002 Tw T* (values of the investee\222s identifiable net assets over the cost of the\ investment \(if )Tj 0.031 Tc 0.089 Tw T* [(any)3.2 (\))3.2 (.)3.2 ( )0.5 (Thereafter)3.2 (,)3.2 ( )0.5 (the)3.2 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behalf)6.2 ( )0.5 (of)6.2 ( )0.5 (the)6.2 ( )0.5 (investee)6.1 (.)6.2 ( )0.5 (For)6.2 ( )0.5 (this)6.2 ( )]TJ 0.026 Tc 0 Tw T* [(purpose, the Group\222s interest is the carrying amount of the investmen\t under the)-1.8 ( )]TJ 0.033 Tc 0.087 Tw T* [(equity)5.2 ( )0.5 (method)5.3 ( together)5.2 ( )0.5 (with)5.2 ( )0.5 (the)5.2 ( Group)5.2 (\222)5.2 (s)5.2 ( )0.5 (long)5.2 (-)5.3 (term)5.2 ( )0.5 (interests)5.2 ( that)5.2 ( )0.5 (in)5.2 ( )0.5 (substance)5.1 ( )]TJ 0.028 Tc 0 Tw T* (form part of the Group\222s net investment in the associate or the joint\ venture.)Tj 0.043 Tc 0.078 Tw 0 -3.048 TD [(Unrealised)13.6 ( profits)13.6 ( and)13.6 ( losses)13.5 ( resulting)13.5 ( from)13.6 ( transactions)13.5 ( between)13.5 ( the)13.5 ( Group)15.2 ( )]TJ 0.028 Tc 0.021 Tw 0 -1.524 TD (and its associates and joint ventures are eliminated to the extent of th\e Group\222s )Tj 0.044 Tc 0.078 Tw T* [(interest)13.6 ( in)13.6 ( the)13.6 ( investee)13.6 (,)13.6 ( except)13.6 ( where)13.6 ( unrealised)13.6 ( losses)13.6 ( provide)13.6 ( evidence)13.6 ( of)16.2 ( )]TJ 0.058 Tc T* [(an)13.5 ( impairment)13.5 ( of)13.5 ( the)13.5 ( asset)13.5 ( transferred)13.6 (,)13.5 ( in)13.5 ( which)13.5 ( case)13.5 ( they)13.5 ( are)13.5 ( recognised)30.2 ( )]TJ 0.028 Tc 0.033 Tw T* (immediately in profit or loss. Goodwill arising from the acquisition of \associates )Tj 0.03 Tw T* (or joint ventures is included as part of the Group\222s investments in a\ssociates or )Tj 0 Tw T* (joint ventures.)Tj ET endstreamendobj918 0 obj<>endobj915 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 536.9537 33.8036 Tm (207)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0.113 Tc 0.077 Tw 14 0 0 14 70.8661 670.2631 Tm [(2)85.2 ( )-972.9 (SU)0.5 (MM)0.5 (A)0.5 (RY)14.4 ( OF)14.4 ( S)0.5 (IG)0.5 (NI)0.5 (F)0.5 (IC)0.5 (A)0.5 (NT)14.4 ( A)0.5 (CC)0.5 (OU)0.5 (N)0.5 (TI)0.5 (N)0.5 (G)14.3 ( P)0.5 (OL)0.5 (IC)0.5 (I)0.5 (ES)85.2 ( )]TJ 0.028 Tc -0.028 Tw 2.025 -1.357 Td (\(Continued\))Tj 0 0 0 0.8 k 0 Tw 11.5 0 0 11.5 99.2126 617.2631 Tm [(\(d\) )-798.5 (Subsidiaries \(Continued\))]TJ 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.059 Tc 0.077 Tw 10.5 0 0 10.5 127.5591 585.2631 Tm [(If)14.4 ( t)0.5 (he)14.3 ( G)0.5 (ro)0.5 (up)14.4 ( l)0.5 (ose)0.5 (s)14.4 ( c)0.5 (on)0.5 (tr)0.5 (ol)14.4 ( ov)0.5 (e)0.5 (r)14.3 ( a)14.4 ( su)0.5 (bsi)0.5 (d)0.5 (ia)0.5 (ry)14.4 (,)14.3 ( i)0.5 (t)14.3 ( d)0.5 (e)0.5 (rec)0.5 (og)0.5 (ni)0.5 (s)0.5 (es)14.3 ( \()14.4 (i)14.4 (\))14.3 ( t)0.5 (he)14.4 ( as)0.5 (se)0.5 (ts)31.2 ( )]TJ 0.048 Tc 0.078 Tw 0 -1.524 TD [(\()14.1 (including)14.1 ( goodwill)14.1 (\))14.2 ( and)14.1 ( liabilities)14.1 ( of)14.2 ( the)14.1 ( subsidiary)14.1 (,)14.1 ( \()14.1 (ii)14.1 (\))14.1 ( the)14.1 ( carrying)14.1 ( amount)20.2 ( )]TJ 0.044 Tc T* [(of)13.8 ( any)13.8 ( non)13.8 (-)13.8 (controlling)13.8 ( interest)13.8 ( and)13.8 ( \()13.8 (iii)13.8 (\))13.8 ( the)13.8 ( cumulative)13.8 ( translation)13.8 ( differences)16.2 ( )]TJ 0.071 Tc T* [(recorded)14 ( in)14 ( equity)14 (;)14 ( and)14 ( recognises)14 ( \()14 (i)14 (\))14 ( the)14 ( fair)14 ( value)14 ( of)14 ( the)14 ( consideration)43.2 ( )]TJ 0.049 Tc T* [(received)14 (,)14 ( \()14 (ii)14 (\))14 ( the)13.9 ( fair)14 ( value)13.9 ( of)14 ( any)14 ( investment)14 ( retained)14 ( and)14 ( \()14 (iii)14 (\))14 ( any)14 ( resulting)21.2 ( )]TJ 0.028 Tc 0.058 Tw T* (surplus or deficit in profit or loss. The Group\222s share of components\ previously )Tj 0.043 Tc 0.078 Tw T* [(recognised)14.1 ( in)14.2 ( other)14.2 ( comprehensive)14.1 ( )0.5 (income)14.2 ( is)14.1 ( )0.5 (reclassified)14.1 ( )0.5 (to)14.2 ( profit)14.2 ( or)14.1 ( )0.5 (loss)14.1 ( or)15.2 ( )]TJ 0.028 Tc 0.064 Tw T* (retained profits, as appropriate, on the same basis as would be required\ if the )Tj 0 Tw T* (Group had directly disposed of the related assets or liabilities.)Tj 0 0 0 0.8 k /GS0 gs /T1_1 1 Tf 11.5 0 0 11.5 99.2126 423.2631 Tm [(\(e\) )-853.5 (Associates and joint ventures)]TJ 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.071 Tc 0.078 Tw 10.5 0 0 10.5 127.5591 391.2631 Tm [(An)14 ( associate)14 ( is)14.1 ( an)14.1 ( entity)14 ( in)14.1 ( which)14.1 ( the)14.1 ( Group)14.1 ( or)14.1 ( Company)14 ( has)14.1 ( significant)43.2 ( )]TJ 0.066 Tc T* [(influence)13.6 (,)13.6 ( but)13.6 ( not)13.5 ( control)13.6 ( or)13.6 ( joint)13.6 ( control)13.6 (,)13.6 ( over)13.6 ( its)13.6 ( management)13.6 (,)13.6 ( including)38.2 ( )]TJ 0.028 Tc 0 Tw T* (participation in the financial and operating policy decisions.)Tj 0.043 Tc 0.077 Tw 0 -3.048 TD [(A)14.4 ( j)0.6 (o)0.5 (i)0.6 (n)0.5 (t)14.4 ( v)0.5 (e)0.6 (n)0.5 (t)0.5 (u)0.6 (r)0.5 (e)14.4 ( i)0.6 (s)14.4 ( a)0.5 (n)14.5 ( a)0.6 (r)0.5 (r)0.6 (a)0.5 (n)0.5 (g)0.6 (e)0.5 (m)0.5 (e)0.6 (n)0.5 (t)14.4 ( w)0.6 (h)0.5 (e)0.5 (r)0.6 (e)0.5 (b)0.5 (y)14.5 ( t)0.6 (h)0.5 (e)14.5 ( G)0.6 (r)0.5 (o)0.5 (u)0.6 (p)14.4 ( o)0.5 (r)14.5 ( C)0.5 (o)0.5 (m)0.6 (p)0.5 (a)0.5 (n)0.6 (y)14.4 ( a)0.5 (n)0.6 (d)14.4 ( o)0.5 (t)0.6 (h)0.5 (e)0.5 (r)15.2 ( )]TJ 0.028 Tc 0.013 Tw 0 -1.524 TD [(parties )0.6 (contractually )0.5 (agree )0.5 (to )0.5 (share )0.5 (control )0.6 (of )0.5 (the )0.5 (arrangement, )0.5 (and )0.5 (have )0.6 (rights )]TJ 0.034 Tc 0.086 Tw T* [(to)6.2 ( net)6.2 ( )0.5 (assets)6.2 ( of)6.2 ( )0.5 (the)6.1 ( )0.5 (arrangement)6.2 (,)6.2 ( which)6.2 ( )0.5 (exists)6.2 ( )0.5 (only)6.2 ( )0.5 (when)6.2 ( )0.5 (decisions)6.2 ( )0.5 (about)6.2 ( )0.5 (the)6.1 ( )]TJ 0.028 Tc 0 Tw T* (relevant activities require the unanimous consent of the parties sharing\ control.)Tj ET endstreamendobj916 0 obj<>endobj913 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 37.6388 33.8036 Tm (206)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0.113 Tc 0.077 Tw 14 0 0 14 70.8661 670.2631 Tm [(2)85.2 ( )-972.9 (SU)0.5 (MM)0.5 (A)0.5 (RY)14.4 ( OF)14.4 ( S)0.5 (IG)0.5 (NI)0.5 (F)0.5 (IC)0.5 (A)0.5 (NT)14.4 ( A)0.5 (CC)0.5 (OU)0.5 (N)0.5 (TI)0.5 (N)0.5 (G)14.3 ( P)0.5 (OL)0.5 (IC)0.5 (I)0.5 (ES)85.2 ( )]TJ 0.028 Tc -0.028 Tw 2.025 -1.357 Td (\(Continued\))Tj 0 0 0 0.8 k 0 Tw 11.5 0 0 11.5 99.2126 617.2631 Tm [(\(d\) )-798.5 (Subsidiaries \(Continued\))]TJ 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.045 Tw 10.5 0 0 10.5 127.5591 585.2631 Tm (When the Company has, directly or indirectly, less than a majority of th\e voting )Tj 0.059 Tc 0.078 Tw 0 -1.524 TD [(or)14 ( similar)14 ( rights)14 ( of)14 ( an)14 ( investee)14 (,)14 ( the)14 ( Group)14 ( considers)14 ( all)14.1 ( relevant)14 ( facts)14 ( and)31.2 ( )]TJ 0.028 Tc 0 Tw T* (circumstances in assessing whether it has power over an investee, includ\ing:)Tj 0 -3.048 TD [(\(a\) )-1088.3 (the contractual arrangement with the other vote holders of the investee;\)]TJ T* [(\(b\) )-1033.3 (rights arising from other contractual arrangements; and)]TJ T* [(\(c\) )-1088.3 (the Group\222s voting rights and potential voting rights.)]TJ T* [(T)0.5 (h)0.5 (e)0.5 ( )0.6 (f)0.5 (i)0.5 (n)0.5 (a)0.5 (n)0.5 (c)0.5 (i)0.6 (a)0.5 (l)0.5 ( )0.5 (s)0.5 (t)0.5 (a)0.6 (t)0.5 (e)0.5 (m)0.5 (e)0.5 (n)0.5 (t)0.5 (s)0.6 ( )0.5 (o)0.5 (f)0.5 ( )0.5 (t)0.5 (h)0.5 (e)0.6 ( )0.5 (s)0.5 (u)0.5 (b)0.5 (s)0.5 (i)0.5 (d)0.6 (i)0.5 (a)0.5 (r)0.5 (i)0.5 (e)0.6 (s)0.5 ( )0.5 (a)0.5 (r)0.5 (e)0.5 ( )0.5 (p)0.6 (r)0.5 (e)0.5 (p)0.5 (a)0.5 (r)0.5 (e)0.6 (d)0.5 ( )0.5 (f)0.5 (o)0.5 (r)0.5 ( )0.5 (t)0.6 (h)0.5 (e)0.5 ( )0.5 (s)0.5 (a)0.5 (m)0.5 (e)0.6 ( )0.5 (r)0.5 (e)0.5 (p)0.5 (o)0.5 (r)0.6 (t)0.5 (i)0.5 (n)0.5 (g )]TJ 0.044 Tc 0.078 Tw 0 -1.524 TD [(period)13.6 ( as)13.5 ( the)13.6 ( Company)13.5 (,)13.6 ( using)13.6 ( consistent)13.5 ( accounting)13.6 ( policies)13.6 (.)13.5 ( The)13.6 ( results)13.6 ( of)16.2 ( )]TJ 0.028 Tc 0 Tw 0 -1.524 TD (subsidiaries are consolidated from the date on which the Group obtains c\ontrol, )Tj T* (and continue to be consolidated until the date that such control ceases.\)Tj 0.086 Tc 0.078 Tw 0 -3.048 TD [(Profit)13.5 ( or)13.6 ( loss)13.6 ( and)13.6 ( each)13.6 ( component)13.5 ( of)13.6 ( other)13.5 ( comprehensive)13.5 ( income)13.6 ( are)58.2 ( )]TJ 0.035 Tc 0.085 Tw 0 -1.524 TD [(attributed)7.2 ( )0.5 (to)7.2 ( )0.5 (the)7.2 ( )0.5 (owners)7.2 ( )0.5 (of)7.2 ( )0.5 (the)7.2 ( )0.5 (parent)7.2 ( )0.5 (of)7.3 ( the)7.2 ( )0.5 (Group)7.2 ( )0.5 (and)7.3 ( to)7.2 ( )0.5 (the)7.3 ( non)7.2 (-)7.2 (controlling)7.2 ( )]TJ 0.049 Tc 0.078 Tw T* [(interests)13.5 (,)13.4 ( even)13.5 ( if)13.5 ( this)13.5 ( results)13.5 ( in)13.5 ( the)13.4 ( non)13.5 (-)13.5 (controlling)13.5 ( interests)13.5 ( having)13.5 ( a)13.4 ( deficit)21.2 ( )]TJ 0.078 Tc 0.077 Tw T* [(b)0.5 (a)0.5 (l)0.6 (a)0.5 (n)0.5 (c)0.5 (e)14.4 (.)14.4 ( A)0.5 (l)0.5 (l)14.5 ( i)0.5 (n)0.6 (t)0.5 (r)0.5 (a)14.4 (-)14.4 (g)0.5 (r)0.5 (o)0.6 (u)0.5 (p)14.4 ( a)0.5 (s)0.5 (s)0.5 (e)0.5 (t)0.5 (s)14.4 ( a)0.5 (n)0.5 (d)14.4 ( l)0.5 (i)0.5 (a)0.6 (b)0.5 (i)0.5 (l)0.5 (i)0.6 (t)0.5 (i)0.5 (e)0.5 (s)14.4 (,)14.4 ( e)0.5 (q)0.5 (u)0.5 (i)0.6 (t)0.5 (y)14.4 (,)14.4 ( i)0.6 (n)0.5 (c)0.5 (o)0.5 (m)0.5 (e)14.4 (,)14.4 ( e)0.5 (x)0.5 (p)0.6 (e)0.5 (n)0.5 (s)0.5 (e)0.5 (s)50.2 ( )]TJ 0.052 Tc 0.078 Tw T* [(and)14 ( cash)13.9 ( flows)14 ( relating)13.9 ( to)14 ( transactions)13.9 ( between)13.9 ( members)14 ( of)13.9 ( the)13.9 ( Group)13.9 ( are)24.2 ( )]TJ 0.028 Tc 0 Tw T* (eliminated in full on consolidation.)Tj 0.071 Tc 0.078 Tw 0 -3.048 TD [(The)14.3 ( )0.5 (Group)14.3 ( )0.6 (reassesses)14.3 ( )0.5 (whether)14.3 ( )0.6 (or)14.2 ( )0.6 (not)14.3 ( )0.5 (it)14.3 ( )0.6 (controls)14.3 ( )0.6 (an)14.3 ( )0.5 (investee)14.3 ( )0.5 (i)0.5 (f)14.2 ( )0.6 (facts)14.4 ( )0.5 (and)43.2 ( )]TJ 0.057 Tc 0 -1.524 TD [(circumstances)13.7 ( indicate)13.6 ( that)13.7 ( there)13.7 ( are)13.7 ( changes)13.7 ( to)13.6 ( one)13.7 ( or)13.6 ( more)13.7 ( of)13.6 ( the)13.7 ( three)29.2 ( )]TJ 0.032 Tc 0.088 Tw T* [(elements)4.2 ( )0.5 (of)4.2 ( control)4.3 ( described)4.2 ( )0.5 (above)4.2 (.)4.2 ( )0.5 (A)4.2 ( change)4.2 ( in)4.2 ( )0.5 (the)4.2 ( ownership)4.2 ( )0.5 (interest)4.2 ( )0.5 (of)4.2 ( a)4.2 ( )]TJ 0.028 Tc 0 Tw T* (subsidiary, without a loss of control, is accounted for as an equity tra\nsaction.)Tj ET endstreamendobj914 0 obj<>endobj911 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 536.9537 33.8036 Tm (205)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT /CS1 cs 0.3 1 scn /T1_1 1 Tf 0.113 Tc 0.077 Tw 14 0 0 14 70.8661 670.2631 Tm [(2)85.2 ( )-972.9 (SU)0.5 (MM)0.5 (A)0.5 (RY)14.4 ( OF)14.4 ( S)0.5 (IG)0.5 (NI)0.5 (F)0.5 (IC)0.5 (A)0.5 (NT)14.4 ( A)0.5 (CC)0.5 (OU)0.5 (N)0.5 (TI)0.5 (N)0.5 (G)14.3 ( P)0.5 (OL)0.5 (IC)0.5 (I)0.5 (ES)85.2 ( )]TJ 0.028 Tc -0.028 Tw 2.025 -1.357 Td (\(Continued\))Tj 0 0 0 0.8 k 0 Tw 11.5 0 0 11.5 99.2126 617.2631 Tm [(\(b\) )-798.5 (Basis of preparation of the financial statements \(Continued\))]TJ 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.035 Tc 0.085 Tw 10.5 0 0 10.5 127.5591 585.2631 Tm [(T)0.5 (h)0.6 (e)7.2 ( )0.5 (m)0.5 (e)0.5 (a)0.6 (s)0.5 (u)0.5 (r)0.6 (e)0.5 (m)0.6 (e)0.5 (n)0.5 (t)7.2 ( )0.5 (b)0.6 (a)0.5 (s)0.5 (i)0.6 (s)7.2 ( )0.5 (u)0.5 (s)0.5 (e)0.6 (d)7.2 ( )0.5 (i)0.5 (n)7.2 ( )0.5 (t)0.5 (h)0.6 (e)7.2 ( p)0.6 (r)0.5 (e)0.6 (p)0.5 (a)0.5 (r)0.6 (a)0.5 (t)0.6 (i)0.5 (o)0.5 (n)7.3 ( o)0.6 (f)7.2 ( t)0.6 (h)0.5 (e)7.2 ( )0.5 (f)0.5 (i)0.6 (n)0.5 (a)0.6 (n)0.5 (c)0.5 (i)0.6 (a)0.5 (l)7.2 ( )0.5 (s)0.5 (t)0.6 (a)0.5 (t)0.5 (e)0.6 (m)0.5 (e)0.6 (n)0.5 (t)0.5 (s)7.2 ( )0.5 (i)0.6 (s)7.2 ( )]TJ 0.029 Tc 0.091 Tw 0 -1.524 TD [(the)1.2 ( )0.5 (historical)1.2 ( cost)1.2 ( )0.5 (basis)1.2 ( )0.5 (except)1.2 ( )0.5 (that)1.2 ( )0.5 (certain)1.2 ( trade)1.2 ( )0.5 (and)1.2 ( )0.5 (bills)1.2 ( )0.5 (receivables)1.2 (,)1.2 ( )0.5 (equity)1.2 ( )]TJ 0.028 Tc 0 Tw T* (investments and derivative financial instruments are stated at their fai\r value. )Tj 0.058 Tc 0.078 Tw 0 -3.048 TD [(Judgements)13.5 ( made)13.6 ( by)13.5 ( management)13.6 ( in)13.5 ( the)13.5 ( application)13.5 ( of)13.6 ( IFRSs)13.5 ( that)13.6 ( have)13.5 ( a)30.2 ( )]TJ 0.039 Tc 0.081 Tw 0 -1.524 TD [(s)0.5 (i)0.5 (g)0.5 (n)0.5 (i)0.5 (f)0.5 (i)0.5 (c)0.5 (a)0.5 (n)0.5 (t)11.2 ( e)0.5 (f)0.5 (f)0.5 (e)0.5 (c)0.5 (t)11.2 ( o)0.5 (n)11.2 ( )0.5 (t)0.5 (h)0.5 (e)11.2 ( f)0.5 (i)0.5 (n)0.5 (a)0.5 (n)0.5 (c)0.5 (i)0.5 (a)0.5 (l)11.2 ( )0.5 (s)0.5 (ta)0.5 (t)0.5 (e)0.5 (m)0.5 (e)0.5 (n)0.5 (t)0.5 (s)11.2 ( a)0.5 (n)0.5 (d)11.2 ( )0.5 (m)0.5 (a)0.5 (j)0.5 (o)0.5 (r)11.2 ( )0.5 (so)0.5 (u)0.5 (r)0.5 (c)0.5 (e)0.5 (s)11.2 ( )0.5 (o)0.5 (f)11.1 ( )0.5 (e)0.5 (s)0.5 (t)0.5 (i)0.5 (m)0.5 (a)0.5 (t)0.5 (i)0.5 (o)0.5 (n)11.2 ( )]TJ 0.028 Tc 0 Tw T* (uncertainty are discussed in note 4.)Tj 0 0 0 0.8 k /GS0 gs /T1_1 1 Tf 11.5 0 0 11.5 99.2126 455.2631 Tm [(\(c\) )-853.5 (Functional and presentation currency)]TJ 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.045 Tc 0.078 Tw 10.5 0 0 10.5 127.5591 423.2631 Tm [(The)14.1 ( financial)14.2 ( statements)14.1 ( )0.5 (are)14.2 ( presented)14.1 ( in)14.1 ( Renminbi)14.2 ( \()14.1 (\223)14.1 (RMB)14.2 (\224)14.1 (\))14.2 (,)14.1 ( rounded)14.2 ( to)14.1 ( )0.5 (the)17.2 ( )]TJ 0.026 Tc 0 Tw T* [(nearest thousand, which is the Group\222s presentation currency and the \functional)-1.8 ( )]TJ 0.028 Tc T* (currency of the Company and its PRC subsidiaries.)Tj 0 0 0 0.8 k /GS0 gs /T1_1 1 Tf 0.799 Tw 11.5 0 0 11.5 99.2126 357.2631 Tm [(\(d\) )0.5 (Subsidiaries)]TJ 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.044 Tc 0.077 Tw 10.5 0 0 10.5 127.5591 325.2631 Tm [(A)14.4 ( su)0.5 (bs)0.5 (i)0.5 (di)0.5 (ar)0.5 (y)14.3 ( i)0.5 (s)14.4 ( an)14.4 ( en)0.5 (ti)0.5 (t)0.5 (y)14.3 ( \()14.4 (i)0.5 (nc)0.5 (lu)0.5 (d)0.5 (in)0.5 (g)14.3 ( a)14.4 ( s)0.5 (tr)0.5 (uc)0.5 (tu)0.5 (re)0.5 (d)14.3 ( en)0.5 (ti)0.5 (ty)14.4 (\))14.4 (,)14.3 ( d)0.5 (ir)0.5 (e)0.5 (ct)0.5 (ly)14.4 ( or)14.4 ( i)0.5 (nd)0.5 (i)0.5 (re)0.5 (ct)0.5 (ly)14.4 (,)16.2 ( )]TJ 0.028 Tc 0.03 Tw T* (controlled by the Company. 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/CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 6.556 0 Td (RMB\222000)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.265 0 Td (RMB\222000)Tj ET /CS0 CS 1 SCN /GS0 gs q 1 0 0 1 70.8662 646.8052 cm 0 0 m 240.945 0 l S Q BT /GS1 gs 0 Tc 0 Tw 10.5 0 0 10.5 70.8662 647.6387 Tm ( )Tj ET /GS0 gs q 1 0 0 1 311.8111 646.8052 cm 0 0 m 42.52 0 l S Q BT /GS1 gs 10.5 0 0 10.5 329.86 647.6387 Tm ( )Tj ET /GS0 gs q 1 0 0 1 354.3307 646.8052 cm 0 0 m 85.039 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 10.5 0 2.8135 10.5 427.2791 647.6387 Tm ( )Tj ET q 1 0 0 1 439.3701 646.8052 cm 0 0 m 85.039 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 2.8135 10.5 512.3184 647.6387 Tm ( )Tj /T1_1 1 Tf 0.028 Tc 10.5 0 0 10.5 70.8662 617.6387 Tm (Cash flows from operating activities)Tj /T1_2 1 Tf 0.918 -1.429 Td (Profit before taxation)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 28.967 0 Td (5,896,836)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (5,465,390)Tj 0 Tw -37.984 -2.857 Td (Adjustments for)Tj -0.028 Tw 0.918 -1.429 Td (Depreciation)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 28.967 0 Td (6,741,415)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (6,327,127)Tj -37.066 -1.429 Td (Amortisation)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 29.857 0 Td (544,844)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (471,176)Tj 0 Tw -37.956 -1.429 Td (Provision of impairment losses on property, )Tj 0.918 -1.429 Td (plant and equipment and intangible assets)Tj 0 Tc 22.858 0 Td (8)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 0.028 Tc -0.028 Tw 6.081 0 Td (266,162)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.683 0 Td (98,818)Tj 0 Tw -38.54 -1.333 Td (Profit on disposal of property, plant and )Tj 0.918 -1.333 Td (equipment and lease prepayments)Tj 0 Tc 22.858 0 Td (6)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 0.028 Tc -0.028 Tw 6.276 0 Td (\(39,551\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.683 0 Td (\(6,595\))Tj 0 Tw -38.735 -1.429 Td (Interest expenses on financial liabilities)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 28.967 0 Td (3,357,963)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (3,013,147)Tj 0 Tw -37.066 -1.429 Td (Interest expenses on finance leases)Tj 0 Tc 23.776 0 Td (7)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 0.028 Tc -0.028 Tw 6.665 0 Td (19,852)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (19,362)Tj 0 Tw -38.54 -1.429 Td (Net foreign exchange losses/\(gains\))Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 30.441 0 Td (17,114)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.71 0 Td (\(30,441\))Tj 0 Tw -38.151 -1.333 Td (Net unrealised \(gains\)/losses on derivative )Tj 0.918 -1.333 Td (financial instruments)Tj 0 Tc 22.858 0 Td (7)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 0.028 Tc -0.028 Tw 6.276 0 Td (\(27,781\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.904 0 Td (217,141)Tj 0 Tw -37.956 -1.429 Td (Interest income on financial assets)Tj 0 Tc 23.776 0 Td (7)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 0.028 Tc -0.028 Tw 5.692 0 Td (\(111,065\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.683 0 Td (\(49,496\))Tj 0 Tw -38.151 -1.381 Td (Dividend income)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 30.052 0 Td (\(58,594\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (\(49,860\))Tj 0 Tw -38.151 -1.333 Td (Share of profits less losses of associates and )Tj 0.918 -1.333 Td (joint ventures)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 28.551 0 Td (\(167,499\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (\(343,862\))Tj 0 Tw -37.567 -1.429 Td (Deferred income)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 29.468 0 Td (\(113,517\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (\(156,055\))Tj 0.026 Tc 0 Tw -37.567 -1.333 Td [(Changes in fair value of listed equity securities)-1.8 ( )304 ( )]TJ 0.028 Tc 0.918 -1.333 Td (designated at fair value through profit or )Tj -0.028 Tw 0 -1.333 TD (loss)Tj 0 Tc 0 Tw 22.858 0 Td (7)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 0.028 Tc -0.028 Tw 7.75 0 Td (\(845\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 6.626 0 Td (\(14,243\))Tj 0 Tw -39.069 -2.857 Td (Changes in working capital:)Tj 0.918 -1.429 Td (Decrease in inventories)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 29.857 0 Td (101,393)Tj 0 0 0 1 k 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10.5 512.3184 178.1297 Tm ( )Tj /T1_1 1 Tf 0.028 Tc -42.043 -2.857 Td (Cash generated from operations)Tj /CS0 cs 1 scn /GS0 gs -0.028 Tw 29.301 0 Td (15,361,253)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (12,910,961)Tj ET /GS0 gs q 1 0 0 1 360 144.0371 cm 0 0 m 73.701 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tc 0 Tw 10.5 0 0 10.5 427.2791 145.1206 Tm ( )Tj ET q 1 0 0 1 445.0394 144.0371 cm 0 0 m 73.701 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 0 10.5 512.3184 145.1206 Tm ( )Tj 0.028 Tc -42.043 -2.81 Td (Income tax paid)Tj -0.028 Tw 24.402 0 Td (32)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 5.095 0 Td (\(1,105,767\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.989 0 Td (\(780,131\))Tj ET /GS0 gs q 1 0 0 1 360 111.5281 cm 0 0 m 73.701 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tc 0 Tw 10.5 0 0 10.5 427.2791 112.6116 Tm ( )Tj ET q 1 0 0 1 445.0394 111.5281 cm 0 0 m 73.701 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 0 10.5 512.3184 112.6116 Tm ( )Tj /T1_1 1 Tf 0.028 Tc -42.043 -2.857 Td (Net cash generated 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34.016 -13 re 388.346 196.269 34.016 -13 re 422.362 196.269 34.016 -13 re 456.378 196.269 34.016 -13 re 490.394 196.269 34.016 -13 re 184.252 183.269 34.016 -7.664 re 218.268 183.269 34.016 -7.664 re 252.283 183.269 34.016 -7.664 re 286.299 183.269 34.016 -7.664 re 320.315 183.269 34.016 -7.664 re 354.331 183.269 34.016 -7.664 re 388.346 183.269 34.016 -7.664 re 422.362 183.269 34.016 -7.664 re 456.378 183.269 34.016 -7.664 re 490.394 183.269 34.016 -7.664 re f BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tw 5.1 0 0 8.5 256.8399 668.3944 Tm (Attributable to the equity holders of the Company)Tj ET /CS0 CS 1 SCN 0.5 w q 1 0 0 1 189.9212 664.5558 cm 0 0 m 260.787 0 l S Q BT 0 Tc 5.1 0 0 8.5 209.4792 665.3853 Tm ( )Tj 0.028 Tc -0.028 Tw -2.279 -4.588 Td (Share )Tj -0.445 -1.529 Td (capital)Tj 5.225 4.588 Td (Perpetual )Tj 0.446 -1.529 Td (medium-)Tj 2.083 -1.529 Td (term )Tj -0.528 -1.529 Td (notes)Tj 5.947 1.529 Td (Capital )Tj -0.224 -1.529 Td (reserve)Tj 5.783 3.059 Td (Statutory )Tj 0.833 -1.529 Td (surplus )Tj 0.054 -1.529 Td (reserve)Tj 5.476 1.529 Td (Exchange )Tj 1.194 -1.529 Td (reserve)Tj 0 Tw 5.475 1.529 Td (Fair value )Tj -0.028 Tw 1.194 -1.529 Td (reserve)Tj 5.977 1.529 Td (Retained )Tj 0.055 -1.529 Td (earnings)Tj 6.838 0 Td (Subtotal)Tj 8.504 3.059 Td (Non-)Tj -3.085 -1.529 Td (controlling )Tj 1.055 -1.529 Td (interests)Tj 8.56 1.529 Td (Total )Tj -0.584 -1.529 Td (equity)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 5.1 0 2.2776 8.5 162.2623 600.3854 Tm (Notes)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 5.309 0 Td (RMB\222000)Tj 6.67 0 Td (RMB\222000)Tj 6.67 0 Td (RMB\222000)Tj 6.67 0 Td (RMB\222000)Tj 6.67 0 Td (RMB\222000)Tj 6.67 0 Td (RMB\222000)Tj 6.67 0 Td (RMB\222000)Tj 6.67 0 Td (RMB\222000)Tj 6.67 0 Td (RMB\222000)Tj 6.67 0 Td (RMB\222000)Tj 0 Tw -52.786 -1.529 Td (\(Note 44\))Tj 7.031 0 Td (\(Note 36)Tj 1.967 -1.529 Td ( \(d\)\(i\)\))Tj 4.703 1.529 Td (\(Note 36)Tj 1.661 -1.529 Td ( \(d\)\(ii\)\))Tj 5.008 1.529 Td (\(Note 36)Tj 1.05 -1.529 Td ( \(d\)\(iii\)\))Tj 5.62 1.529 Td 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0 0 m 34.016 0 l S Q BT /GS1 gs 5.1 0 0 8.5 413.5738 570.3757 Tm ( )Tj ET /GS0 gs q 1 0 0 1 422.3622 569.7962 cm 0 0 m 34.016 0 l S Q BT /GS1 gs 5.1 0 0 8.5 447.5895 570.3757 Tm ( )Tj ET /GS0 gs q 1 0 0 1 456.378 569.7962 cm 0 0 m 34.016 0 l S Q BT /GS1 gs 5.1 0 0 8.5 481.6053 570.3757 Tm ( )Tj ET /GS0 gs q 1 0 0 1 490.3937 569.7962 cm 0 0 m 34.016 0 l S Q BT /GS1 gs 5.1 0 0 8.5 515.621 570.3757 Tm ( )Tj 0.028 Tc -87.207 -3.059 Td (At 31 December 2017)Tj /CS0 cs 1 scn /GS0 gs -0.028 Tw 23.12 0 Td (8,036,389)Tj 6.67 0 Td (4,991,000)Tj 6.086 0 Td (14,697,943)Tj 7.254 0 Td (1,267,175)Tj 7.171 0 Td (\(280,056\))Tj 8.226 0 Td (9,006)Tj 4.029 0 Td (17,404,394)Tj 6.67 0 Td (46,125,851)Tj 7.254 0 Td (7,173,431)Tj 6.086 0 Td (53,299,282)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0 Tw -82.564 -1.529 Td (Net changes in fair value of equity )Tj 1.223 -1.529 Td (investments at fair value through )Tj 0 -1.529 TD (other comprehensive income, )Tj T* (net of tax)Tj 0 Tc 17.953 0 Td (3)Tj /CS0 cs 1 scn /GS0 gs 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425.1969 488.5371 cm 0 0 m 28.346 0 l S Q BT 5.1 0 0 8.5 447.5895 489.3666 Tm ( )Tj ET q 1 0 0 1 459.2126 488.5371 cm 0 0 m 28.346 0 l S Q BT 5.1 0 0 8.5 481.6053 489.3666 Tm ( )Tj ET q 1 0 0 1 493.2284 488.5371 cm 0 0 m 28.346 0 l S Q BT 5.1 0 0 8.5 515.621 489.3666 Tm ( )Tj 0 0 0 1 k /GS1 gs 0.028 Tc -87.207 -3.059 Td (At 1 January 2018 \(restated\))Tj /CS0 cs 1 scn /GS0 gs -0.028 Tw 23.12 0 Td (8,036,389)Tj 6.67 0 Td (4,991,000)Tj 6.086 0 Td (14,697,943)Tj 7.254 0 Td (1,267,175)Tj 7.171 0 Td (\(280,056\))Tj 7.058 0 Td (201,920)Tj 5.196 0 Td (17,404,394)Tj 6.67 0 Td (46,318,765)Tj 7.254 0 Td (7,173,431)Tj 6.086 0 Td (53,492,196)Tj 0 0 0 1 k /GS1 gs 0 Tw -82.564 -3.059 Td (Changes in equity:)Tj /T1_2 1 Tf T* (Profit for the year)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 0 Tc 27.235 0 Td (\226)Tj 0.028 Tc -0.028 Tw 3.445 0 Td (242,000)Tj 0 Tc 0 Tw 9.895 0 Td (\226)Tj 6.67 0 Td (\226)Tj 6.67 0 Td (\226)Tj 6.67 0 Td (\226)Tj 0.028 Tc -0.028 Tw 2.555 0 Td (3,923,809)Tj 6.67 0 Td (4,165,809)Tj 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0 0 8.5 354.3307 408.3576 Tm ( )Tj ET q 1 0 0 1 391.1812 407.5281 cm 0 0 m 28.346 0 l S Q BT 5.1 0 0 8.5 388.3465 408.3576 Tm ( )Tj ET q 1 0 0 1 425.1969 407.5281 cm 0 0 m 28.346 0 l S Q BT 5.1 0 0 8.5 422.3622 408.3576 Tm ( )Tj ET q 1 0 0 1 459.2126 407.5281 cm 0 0 m 28.346 0 l S Q BT 5.1 0 0 8.5 456.378 408.3576 Tm ( )Tj ET q 1 0 0 1 493.2284 407.5281 cm 0 0 m 28.346 0 l S Q BT 5.1 0 0 8.5 490.3937 408.3576 Tm ( )Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.028 Tc -82.26 -3.059 Td (Total comprehensive income)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 0 Tc 27.235 0 Td (\226)Tj 0.028 Tc -0.028 Tw 3.445 0 Td (242,000)Tj 0 Tc 0 Tw 9.895 0 Td (\226)Tj 6.67 0 Td (\226)Tj 0.028 Tc -0.028 Tw 3.056 0 Td (\(168,520\))Tj 6.67 0 Td (\(110,714\))Tj 6.169 0 Td (3,923,809)Tj 6.67 0 Td (3,886,575)Tj 7.559 0 Td (735,986)Tj 5.78 0 Td (4,622,561)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0 Tw -83.148 -3.059 Td (Capital contributions by non-)Tj 1.223 -1.529 Td (controlling interests)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 0 Tc 26.012 0 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42.52 0 l S Q BT /GS1 gs 10.5 0 0 10.5 311.8111 647.6487 Tm ( )Tj ET /GS0 gs q 1 0 0 1 354.3307 646.8152 cm 0 0 m 85.039 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 10.5 0 2.8135 10.5 354.3307 647.6487 Tm ( )Tj ET q 1 0 0 1 439.3701 646.8152 cm 0 0 m 85.039 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 2.8135 10.5 439.3701 647.6487 Tm ( )Tj /T1_1 1 Tf 0.028 Tc 10.5 0 0 10.5 70.8662 617.1487 Tm (Non-current liabilities)Tj /T1_2 1 Tf -0.028 Tw 0 -1.476 TD (Borrowings)Tj 23.749 0 Td (28\(a\))Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 5.552 0 Td (46,644,884)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (41,620,177)Tj 0 Tw -37.4 -1.476 Td (Obligations under finance leases)Tj -0.028 Tw 24.402 0 Td (31)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 6.373 0 Td (361,478)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (414,945)Tj 0 Tw -38.874 -1.476 Td (Deferred income)Tj -0.028 Tw 24.402 0 Td (34)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 5.483 0 Td (1,449,938)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (1,553,605)Tj 0 Tw -37.984 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501.5471 cm 0 0 m 73.701 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 0 10.5 439.3701 502.6306 Tm ( )Tj /T1_1 1 Tf 0.028 Tc -35.096 -2.952 Td (NET ASSETS)Tj /CS0 cs 1 scn /GS0 gs -0.028 Tw 29.301 0 Td (56,565,793)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (53,299,282)Tj ET 2.5 w /GS0 gs q 1 0 0 1 360.0001 466.3836 cm 0 0 m 73.701 0 l S Q 0.835 w q 1 0 0 1 360.0001 463.0511 cm 0 0 m 73.701 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tc 0 Tw 10.5 0 0 10.5 354.3307 463.9671 Tm ( )Tj ET 2.5 w q 1 0 0 1 445.0394 466.3836 cm 0 0 m 73.701 0 l S Q 0.835 w q 1 0 0 1 445.0394 463.0511 cm 0 0 m 73.701 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 0 10.5 439.3701 463.9671 Tm ( )Tj /T1_1 1 Tf 0.028 Tc -35.096 -2.952 Td (CAPITAL AND RESERVES)Tj /T1_2 1 Tf T* (Share capital)Tj -0.028 Tw 23.749 0 Td (36\(c\))Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 6.136 0 Td (8,036,389)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.099 0 Td (8,036,389)Tj 0 Tw -37.984 -1.476 Td (Perpetual medium-term notes)Tj -0.028 Tw 24.402 0 Td (44)Tj 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comprehensive income, net of tax)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 37.405 0 Td (\(112,543\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0 Tc 0 Tw 13.118 0 Td (\226)Tj 0.028 Tc -52.818 -1.238 Td (Other comprehensive \(loss\)/income that may be reclassified to )Tj 1.147 -1.238 Td (profit or loss in subsequent periods:)Tj T* (Share of other comprehensive income of associates)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 0 Tc 42.166 0 Td (\226)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.028 Tc -0.028 Tw 7.392 0 Td (3,025)Tj 0 Tw -49.558 -1.238 Td (Available-for-sale financial assets:)Tj 1.147 -1.238 Td (Changes in fair value, net of tax)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 0 Tc 41.019 0 Td (\226)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.028 Tc -0.028 Tw 7.003 0 Td (\(6,798\))Tj 0 Tw -49.169 -1.238 Td (Exchange difference on translation of foreign operation)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 38.553 0 Td (\(116,386\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 9.837 0 Td (111,200)Tj 0 Tw -48.39 -1.238 Td (Exchange difference on net investment in overseas )Tj -0.028 Tw 1.147 -1.238 Td (subsidiaries)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 37.989 0 Td (\(69,730\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 9.254 0 Td (126,855)Tj ET 0.5 w /GS0 gs q 1 0 0 1 371.3386 464.0562 cm 0 0 m 68.032 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tc 0 Tw 8.4 0 0 10.5 434.2327 465.1397 Tm ( )Tj ET q 1 0 0 1 450.7086 464.0562 cm 0 0 m 68.032 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.4 0 0 10.5 513.6027 465.1397 Tm ( )Tj /T1_1 1 Tf 0.028 Tc -52.707 -2.476 Td (Other comprehensive \(loss\)/income for the year, net of tax)Tj /T1_2 1 Tf -0.028 Tw 31.995 0 Td (12)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 7.705 0 Td (\(298,659\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 9.837 0 Td (234,282)Tj ET /GS0 gs q 1 0 0 1 371.3386 435.0471 cm 0 0 m 68.032 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tc 0 Tw 8.4 0 0 10.5 434.2327 436.1306 Tm ( )Tj ET q 1 0 0 1 450.7086 435.0471 cm 0 0 m 68.032 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.4 0 0 10.5 513.6027 436.1306 Tm ( )Tj /T1_1 1 Tf 0.028 Tc -52.707 -2.476 Td (Total comprehensive income for the year)Tj /CS0 cs 1 scn /GS0 gs -0.028 Tw 39.199 0 Td (4,622,561)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 9.449 0 Td (4,783,980)Tj ET 2.5 w /GS0 gs q 1 0 0 1 371.3386 404.8836 cm 0 0 m 68.032 0 l S Q 0.835 w q 1 0 0 1 371.3386 401.5511 cm 0 0 m 68.031 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tc 0 Tw 8.4 0 0 10.5 434.2327 402.4671 Tm ( )Tj ET 2.5 w q 1 0 0 1 450.7086 404.8836 cm 0 0 m 68.032 0 l S Q 0.835 w q 1 0 0 1 450.7086 401.5511 cm 0 0 m 68.032 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.4 0 0 10.5 513.6027 402.4671 Tm ( )Tj /T1_1 1 Tf 0.028 Tc -52.707 -2.476 Td (Profit attributable to:)Tj /T1_2 1 Tf 1.147 -1.238 Td (Equity holders of the Company)Tj /C0_0 1 Tf 0 Tc 0 -1.238 TD <00D1>Tj /T1_2 1 Tf 0.028 Tc -0.028 Tw 1.028 0 Td (Shareholders)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 37.024 0 Td (3,923,809)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 9.449 0 Td (3,688,053)Tj /C0_0 1 Tf 0 Tc 0 Tw -47.501 -1.238 Td <00D1>Tj /T1_2 1 Tf 0.028 Tc 1.028 0 Td (Perpetual medium-term notes holders)Tj -0.028 Tw 29.82 0 Td (44)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 8.094 0 Td (242,000)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 9.449 0 Td (157,937)Tj 0 Tw -48.39 -1.238 Td (Non-controlling interests)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 38.941 0 Td (755,411)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 9.449 0 Td (703,708)Tj ET 0.5 w /GS0 gs q 1 0 0 1 371.3386 320.3745 cm 0 0 m 68.032 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tc 0 Tw 8.4 0 0 10.5 434.2327 321.458 Tm ( )Tj ET q 1 0 0 1 450.7086 320.3745 cm 0 0 m 68.032 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.4 0 0 10.5 513.6027 321.458 Tm ( )Tj /T1_1 1 Tf 0.028 Tc -52.707 -2.476 Td (Profit for the year)Tj /CS0 cs 1 scn /GS0 gs -0.028 Tw 39.199 0 Td (4,921,220)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 9.449 0 Td (4,549,698)Tj ET 2.5 w /GS0 gs q 1 0 0 1 371.3386 290.211 cm 0 0 m 68.032 0 l S Q 0.835 w q 1 0 0 1 371.3386 286.8785 cm 0 0 m 68.031 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tc 0 Tw 8.4 0 0 10.5 434.2327 287.7945 Tm ( )Tj ET 2.5 w q 1 0 0 1 450.7086 290.211 cm 0 0 m 68.032 0 l S Q 0.835 w q 1 0 0 1 450.7086 286.8785 cm 0 0 m 68.032 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.4 0 0 10.5 513.6027 287.7945 Tm ( )Tj /T1_1 1 Tf 0.028 Tc -52.707 -1.238 Td (Total comprehensive income attributable to:)Tj /T1_2 1 Tf 1.147 -1.238 Td (Equity holders of the Company)Tj /C0_0 1 Tf 0 Tc 0 -1.238 TD <00D1>Tj /T1_2 1 Tf 0.028 Tc -0.028 Tw 1.028 0 Td (Shareholders)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 37.024 0 Td (3,644,575)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 9.449 0 Td (3,911,377)Tj /C0_0 1 Tf 0 Tc 0 Tw -47.501 -1.238 Td <00D1>Tj /T1_2 1 Tf 0.028 Tc 1.028 0 Td (Perpetual medium-term notes holders)Tj -0.028 Tw 29.82 0 Td (44)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 8.094 0 Td (242,000)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 9.449 0 Td (157,937)Tj 0 Tw -48.39 -1.238 Td (Non-controlling interests)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 38.941 0 Td (735,986)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 9.449 0 Td (714,666)Tj ET 0.5 w /GS0 gs q 1 0 0 1 371.3386 218.702 cm 0 0 m 68.032 0 l S Q BT /GS1 gs /T1_1 1 Tf 0 Tc 0 Tw 8.4 0 0 10.5 434.2327 219.7854 Tm ( )Tj ET /GS0 gs q 1 0 0 1 450.7086 218.702 cm 0 0 m 68.032 0 l S Q BT /GS1 gs /T1_2 1 Tf 8.4 0 0 10.5 513.6027 219.7854 Tm ( )Tj /T1_1 1 Tf 0.028 Tc -52.707 -2.476 Td (Total comprehensive income for the year)Tj /CS0 cs 1 scn /GS0 gs -0.028 Tw 39.199 0 Td (4,622,561)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 9.449 0 Td (4,783,980)Tj ET 2.5 w /GS0 gs q 1 0 0 1 371.3386 188.5384 cm 0 0 m 68.032 0 l S Q 0.835 w q 1 0 0 1 371.3386 185.2059 cm 0 0 m 68.031 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tc 0 Tw 10.5 0 0 10.5 365.6693 186.1219 Tm ( )Tj ET 2.5 w q 1 0 0 1 450.7086 188.5384 cm 0 0 m 68.032 0 l S Q 0.835 w q 1 0 0 1 450.7086 185.2059 cm 0 0 m 68.032 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 0 10.5 445.0394 186.1219 Tm ( )Tj /T1_1 1 Tf 0.028 Tc 8.4 0 0 10.5 70.8661 160.1219 Tm (Basic and diluted earnings per share)Tj /T1_2 1 Tf 8.4 0 2.8135 10.5 226.3217 160.1219 Tm ( \(RMB cents\))Tj -0.028 Tw 8.4 0 0 10.5 339.6223 160.1219 Tm (13)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 9.262 0 Td (48.83)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 9.449 0 Td (45.89)Tj ET 2.5 w /GS0 gs q 1 0 0 1 371.3386 154.8749 cm 0 0 m 68.032 0 l S Q 0.835 w q 1 0 0 1 371.3386 151.5424 cm 0 0 m 68.031 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tc 0 Tw 8.4 0 0 10.5 434.2327 152.4584 Tm ( )Tj ET 2.5 w q 1 0 0 1 450.7086 154.8749 cm 0 0 m 68.032 0 l S Q 0.835 w q 1 0 0 1 450.7086 151.5424 cm 0 0 m 68.032 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.4 0 0 10.5 513.6027 152.4584 Tm ( )Tj 0.028 Tc 10.5 0 0 10.5 70.8661 122.2919 Tm (The notes on pages 204 to 377 form part of these financial statements.)Tj ET endstreamendobj997 0 obj<>endobj998 0 obj<>/ExtGState<>/Font<>/ProcSet[/PDF/Text]>>/Subtype/Form>>stream BT 0 0 0 1 k /Perceptual ri /GS0 gs /T1_0 1 Tf -0.012 Tc 0 Tw 0 Ts 100 Tz 0 Tr 9.5 0 2.5455 9.5 69.8789 714.3511 Tm (FOR THE YEAR ENDED 31 DECEMBER 2018 \(Expressed in thousands of Renminbi\ unless otherwise stated\))Tj /CS0 cs 0.3 1 scn /GS1 gs /T1_1 1 Tf 0.026 Tc 16 0 0 16 70.8539 753.4871 Tm [(CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND)-1.8 ( )]TJ 0.028 Tc 0 -1.5 TD (OTHER COMPREHENSIVE INCOME)Tj ET endstreamendobj1028 0 obj<>endobj1029 0 obj<>endobj992 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT /CS0 cs 1 scn /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 536.9537 33.8036 Tm (195)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q 0 0 0 0 k 365.669 680.315 79.37 -13.5 re 365.669 666.815 79.37 -13.5 re 365.669 653.315 79.37 -4.01 re 365.669 649.305 79.37 -13.5 re 365.669 635.805 79.37 -13.5 re 365.669 622.305 79.37 -3.009 re 365.669 619.296 79.37 -13.5 re 365.669 605.796 79.37 -13.5 re 365.669 592.296 79.37 -3.009 re 365.669 589.287 79.37 -13.5 re 365.669 575.787 79.37 -13.5 re 365.669 562.287 79.37 -13.5 re 365.669 548.787 79.37 -13.5 re 365.669 535.287 79.37 -13.5 re 365.669 521.787 79.37 -13.5 re 365.669 508.287 79.37 -13.5 re 365.669 494.787 79.37 -13.5 re 365.669 481.287 79.37 -13.5 re 365.669 467.787 79.37 -13.5 re 365.669 454.287 79.37 -13.5 re 365.669 440.787 79.37 -13.5 re 365.669 427.287 79.37 -3.009 re 365.669 424.278 79.37 -13.5 re 365.669 410.778 79.37 -13.5 re 365.669 397.278 79.37 -3.009 re 365.669 394.269 79.37 -13.5 re 365.669 380.769 79.37 -13.5 re 365.669 367.269 79.37 -3.009 re 365.669 364.26 79.37 -13.5 re 365.669 350.76 79.37 -13.5 re 365.669 337.26 79.37 -13.5 re 365.669 323.76 79.37 -3.009 re 365.669 320.751 79.37 -13.5 re 365.669 307.251 79.37 -13.5 re 365.669 293.751 79.37 -3.009 re 365.669 290.742 79.37 -13.5 re 365.669 277.242 79.37 -13.5 re 365.669 263.742 79.37 -3.009 re 365.669 260.733 79.37 -13.5 re 365.669 247.233 79.37 -13.5 re 365.669 233.733 79.37 -13.5 re 365.669 220.233 79.37 -13.5 re 365.669 206.733 79.37 -3.009 re 365.669 203.724 79.37 -13.5 re 365.669 190.224 79.37 -13.5 re 365.669 176.724 79.37 -3.009 re f BT /CS0 cs 1 scn /T1_1 1 Tf 8.4 0 0 10.5 419.988 668.1484 Tm (2018)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 9.449 0 Td (2017)Tj 8.4 0 2.8135 10.5 331.8945 654.6484 Tm (Notes)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 8.277 0 Td (RMB\222000)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 9.615 0 Td (RMB\222000)Tj ET /CS0 CS 1 SCN /GS0 gs q 1 0 0 1 70.8661 649.8052 cm 0 0 m 252.283 0 l S Q BT /GS1 gs 0 Tc 0 Tw 8.4 0 0 10.5 70.8661 650.6387 Tm ( )Tj ET /GS0 gs q 1 0 0 1 323.1496 649.8052 cm 0 0 m 42.52 0 l S Q BT /CS0 cs 1 scn 8.4 0 0 10.5 323.1496 650.6387 Tm ( )Tj ET q 1 0 0 1 365.6693 649.8052 cm 0 0 m 79.37 0 l S Q BT 8.4 0 0 10.5 434.2327 650.6387 Tm ( )Tj ET q 1 0 0 1 445.0394 649.8052 cm 0 0 m 79.37 0 l S Q BT 8.4 0 0 10.5 513.6027 650.6387 Tm ( )Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 0.028 Tc -0.028 Tw -52.707 -2.571 Td (Revenue)Tj /T1_2 1 Tf 0 Tc 0 Tw 32.287 0 Td (5)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 0.028 Tc -0.028 Tw 6.329 0 Td (26,387,923)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 9.449 0 Td (24,591,616)Tj ET 0.5 w /GS0 gs q 1 0 0 1 371.3386 619.5462 cm 0 0 m 68.032 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tc 0 Tw 8.4 0 0 10.5 434.2327 620.6297 Tm ( )Tj ET q 1 0 0 1 450.7086 619.5462 cm 0 0 m 68.032 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.4 0 0 10.5 513.6027 620.6297 Tm ( )Tj /T1_1 1 Tf 0.028 Tc -52.707 -2.571 Td (Other net income)Tj /T1_2 1 Tf 0 Tc 32.287 0 Td (6)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf 0.028 Tc -0.028 Tw 7.802 0 Td (917,476)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 9.449 0 Td (712,328)Tj ET /GS0 gs q 1 0 0 1 371.3386 589.5371 cm 0 0 m 68.032 0 l S Q BT /CS0 cs 1 scn /T1_1 1 Tf 0 Tc 0 Tw 10.5 0 0 10.5 365.6693 590.6206 Tm ( )Tj ET q 1 0 0 1 450.7086 589.5371 cm 0 0 m 68.032 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 0 10.5 445.0394 590.6206 Tm ( )Tj /T1_1 1 Tf 0.028 Tc 8.4 0 0 10.5 70.8661 563.6207 Tm (Operating expenses)Tj /T1_2 1 Tf 0 -2.571 TD (Depreciation and amortisation)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 38.811 0 Td (\(7,286,259\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 9.449 0 Td (\(6,798,303\))Tj 0 Tw -48.259 -1.286 Td (Coal consumption)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 38.811 0 Td (\(2,464,806\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 9.449 0 Td (\(2,475,402\))Tj 0 Tw -48.259 -1.286 Td (Coal sales costs)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 38.811 0 Td (\(3,150,753\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 9.449 0 Td (\(3,762,103\))Tj 0 Tw -48.259 -1.286 Td (Service concession construction costs)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 40.284 0 Td (\(14,112\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 9.449 0 Td (\(74,227\))Tj 0 Tw -49.733 -1.286 Td (Personnel costs)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 38.811 0 Td (\(2,074,951\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 9.449 0 Td (\(1,676,599\))Tj 0 Tw -48.259 -1.286 Td (Material costs)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 39.7 0 Td (\(192,440\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 9.449 0 Td (\(233,075\))Tj 0 Tw -49.149 -1.286 Td (Repairs and maintenance)Tj /CS0 cs 1 scn /GS0 gs /T1_1 1 Tf -0.028 Tw 39.7 0 Td (\(818,624\))Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 9.449 0 Td (\(621,689\))Tj 0 Tw -49.149 -1.286 Td 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(T)14.4 ( O)0.5 (F)14.4 ( T)0.5 (H)0.5 (E)82.3 ( )]TJ 0.028 Tc 0 Tw 0 -1.357 TD (CONSOLIDATED FINANCIAL STATEMENTS)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.07 Tc 0.078 Tw 10.5 0 0 10.5 70.8661 619.2631 Tm [(Our)13.8 ( objectives)13.8 ( are)13.8 ( to)13.8 ( obtain)13.8 ( reasonable)13.8 ( assurance)13.8 ( about)13.8 ( whether)13.8 ( the)13.8 ( consolidated)42.2 ( )]TJ 0.028 Tc 0.069 Tw 0 -1.524 TD (financial statements as a whole are free from material misstatement, whe\ther due to fraud )Tj 0.049 Tc 0.078 Tw T* [(or)13.7 ( error)13.7 (,)13.8 ( and)13.7 ( to)13.7 ( issue)13.7 ( an)13.7 ( auditor)13.7 (\222)13.7 (s)13.8 ( report)13.7 ( that)13.7 ( includes)13.7 ( our)13.8 ( opinion)13.7 (.)13.7 ( Our)13.7 ( report)13.7 ( is)13.7 ( made)21.2 ( )]TJ 0.061 Tc T* [(solely)14.1 ( to)14.1 ( you)14.1 (,)14.2 ( as)14.1 ( a)14.1 ( body)14.1 (,)14.1 ( and)14.1 ( for)14.1 ( no)14.1 ( other)14.1 ( purpose)14.1 (.)14.1 ( We)14.1 ( do)14.1 ( not)14.1 ( assume)14.1 ( responsibility)33.2 ( )]TJ 0.028 Tc 0 Tw T* (towards or accept liability to any other person for the contents of this\ report.)Tj 0.037 Tc 0.083 Tw 0 -3.048 TD [(Reasonable)9.2 ( )0.5 (assurance)9.1 ( )0.5 (is)9.2 ( )0.5 (a)9.1 ( )0.5 (high)9.2 ( )0.5 (level)9.2 ( )0.5 (of)9.2 ( )0.5 (assurance)9.2 (,)9.3 ( but)9.2 ( )0.5 (is)9.2 ( not)9.2 ( a)9.3 ( guarantee)9.2 ( that)9.2 ( )0.5 (an)9.2 ( audit)9.2 ( )]TJ 0.046 Tc 0.078 Tw 0 -1.524 TD [(conducted)13.6 ( in)13.6 ( accordance)13.5 ( with)13.5 ( HKSAs)13.5 ( will)13.6 ( always)13.5 ( detect)13.6 ( a)13.5 ( material)13.5 ( misstatement)13.5 ( when)18.2 ( )]TJ 0.062 Tc T* [(it)13.9 ( exists)13.9 (.)13.9 ( Misstatements)14 ( can)13.9 ( arise)13.9 ( from)13.9 ( fraud)13.9 ( or)13.9 ( error)13.9 ( and)13.9 ( are)13.9 ( considered)13.9 ( material)13.9 ( if)13.9 (,)34.2 ( )]TJ 0.061 Tc T* [(individually)13.6 ( or)13.6 ( in)13.5 ( the)13.6 ( aggregate)13.6 (,)13.5 ( they)13.5 ( could)13.5 ( reasonably)13.6 ( be)13.6 ( expected)13.5 ( to)13.5 ( influence)13.5 ( the)33.2 ( )]TJ 0.028 Tc 0 Tw T* (economic decisions of users taken on the basis of these consolidated fin\ancial statements.)Tj 0.038 Tc 0.082 Tw 0 -3.048 TD [(As)10.2 ( )0.5 (part)10.2 ( )0.5 (of)10.2 ( )0.5 (an)10.2 ( audit)10.2 ( )0.5 (in)10.2 ( )0.5 (accordance)10.2 ( )0.5 (with)10.2 ( HKSAs)10.2 (,)10.2 ( )0.5 (we)10.2 ( )0.5 (exercise)10.2 ( )0.5 (professional)10.2 ( )0.5 (judgement)10.2 ( )0.5 (and)10.2 ( )]TJ 0.028 Tc 0 Tw 0 -1.524 TD (maintain professional scepticism throughout the audit. 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)]TJ 0.051 Tc 0.077 Tw T* [(as)14.4 ( ap)0.5 (pl)0.5 (i)0.5 (ca)0.5 (bl)0.5 (e)14.3 (,)14.4 ( ma)0.5 (tt)0.5 (er)0.5 (s)14.3 ( r)0.5 (el)0.5 (at)0.5 (ed)14.4 ( to)14.4 ( go)0.5 (in)0.5 (g)14.3 ( c)0.5 (on)0.5 (ce)0.5 (rn)14.4 ( an)0.5 (d)14.3 ( u)0.5 (si)0.5 (ng)14.4 ( th)0.5 (e)14.3 ( g)0.5 (oi)0.5 (ng)14.4 ( co)0.5 (nc)0.5 (er)0.5 (n)14.3 ( b)0.5 (as)0.5 (is)14.4 ( of)23.2 ( )]TJ 0.028 Tc 0.084 Tw T* (accounting unless the directors of the Company either intend to liquidat\e the Group or to )Tj 0 Tw 0 -1.524 TD (cease operations or have no realistic alternative but to do so.)Tj 0.044 Tc 0.078 Tw 0 -3.048 TD [(The)14 ( directors)14 ( of)14 ( the)14.1 ( Company)14.1 ( are)14 ( assisted)14.1 ( by)14.1 ( the)14.1 ( Audit)14 ( Committee)14.1 ( in)14.1 ( discharging)14.1 ( their)16.2 ( )]TJ 0.028 Tc 0 Tw 0 -1.524 TD (responsibilities for overseeing the Group\222s financial reporting proce\ss.)Tj ET endstreamendobj1045 0 obj<>endobj1040 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q 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(assessing)14.2 ( the)14.2 ( categorisation)14.2 ( of)14.2 ( loans)55.2 ( )]TJ 0.028 Tc 0.03 Tw 3 -1.524 Td (and advances to related parties and third )Tj 0.026 Tc 0 Tw 0 -1.524 TD [(p)0.5 (a)0.6 (r)0.5 (t)0.5 (i)0.6 (e)0.5 (s)0.6 ( )0.5 (i)0.5 (n)0.6 ( )0.5 (t)0.5 (h)0.6 (e)0.5 ( )0.5 (a)0.6 (g)0.5 (e)0.5 (i)0.6 (n)0.5 (g)0.6 ( )0.5 (r)0.5 (e)0.6 (p)0.5 (o)0.5 (r)0.6 (t)0.5 ( )0.5 (b)0.6 (y)0.5 ( )0.5 (r)0.6 (e)0.5 (c)0.5 (o)0.6 (n)0.5 (c)0.5 (i)0.6 (l)0.5 (i)0.6 (n)0.5 (g)-1.8 ( )]TJ 0.073 Tc 0.077 Tw T* [(t)0.5 (he)14.4 ( to)0.5 (t)0.5 (al)14.4 ( a)0.5 (mo)0.5 (un)0.5 (t)0.5 (s)14.3 ( i)0.5 (n)14.4 ( th)0.5 (e)14.4 ( ag)0.5 (e)0.5 (in)0.5 (g)14.4 ( re)0.5 (p)0.5 (or)0.5 (t)45.2 ( )]TJ 0.058 Tc T* [(t)0.5 (o)14.3 ( t)0.5 (he)14.4 ( b)0.5 (a)0.5 (l)0.5 (an)0.5 (c)0.5 (es)14.4 ( of)14.4 ( l)0.5 (o)0.5 (a)0.5 (ns)14.4 ( a)0.5 (n)0.5 (d)14.4 ( a)0.5 (dv)0.5 (a)0.5 (n)0.5 (ce)0.5 (s)30.2 ( )]TJ 0.084 Tc 0.078 Tw T* [(to)14.1 ( related)14 ( parties)14 ( and)14 ( third)14 ( parties)14 ( 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[(costs)13.8 ( by)13.8 ( comparing)13.8 ( them)13.8 ( with)13.8 ( the)13.7 ( recent)82.2 ( )]TJ 0.097 Tc T* [(historical)13.6 ( results)13.5 ( of)13.6 ( the)13.6 ( related)13.6 ( CGUs)13.6 (,)13.6 ( the)69.2 ( )]TJ 0.076 Tc T* [(budget)13.5 ( and)13.5 ( feasibility)13.5 ( report)13.5 (,)13.6 ( and)13.6 ( evidence)48.2 ( )]TJ 0.028 Tc 0.017 Tw T* (obtained subsequent to the end of the reporting )Tj 0.085 Tw T* (period. 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(n)14.3 ( Li)0.5 (m)0.5 (i)0.5 (t)0.5 (e)0.5 (d)14.4 ( \()]TJ /C0_0 1 Tf 0.037 Tc -0.037 Tw 13.714 0 Td [<0090>64.4 <13B20E550F6502620DAB0FA00670038503DE082202AE03211039052B0E361644052B0B9D06C6>64.4 <0091>]TJ /T1_1 1 Tf 0.051 Tc 0.077 Tw 21.255 0 Td [(\))14.4 ( a)0.5 (n)0.5 (d)14.4 ( t)0.5 (he)14.4 ( Li)0.5 (s)0.5 (t)0.5 (i)0.5 (n)0.5 (g)23.2 ( )]TJ 0.047 Tc -34.97 -1.524 Td [(R)0.5 (ul)0.5 (e)0.5 (s)14.4 ( of)14.4 ( t)0.5 (h)0.5 (e)14.3 ( H)0.5 (o)0.5 (ng)14.4 ( Ko)0.5 (n)0.5 (g)14.3 ( S)0.5 (t)0.5 (oc)0.5 (k)14.4 ( E)0.5 (xc)0.5 (h)0.5 (an)0.5 (g)0.5 (e)14.3 (.)14.4 ( I)0.5 (n)14.4 ( l)0.5 (in)0.5 (e)14.4 ( w)0.5 (i)0.5 (th)14.4 ( t)0.5 (he)14.4 ( C)0.5 (o)0.5 (mp)0.5 (a)0.5 (ny)14.4 (\222)14.4 (s)14.4 ( l)0.5 (on)0.5 (g)14.4 (-)14.3 (r)0.5 (u)0.5 (n)14.3 ( in)0.5 (t)0.5 (er)0.5 (e)0.5 (st)0.5 (s)19.2 ( )]TJ 0.028 Tc 0.08 Tw T* (and Shareholders\222 interests, it earnestly performed its duties of sup\ervision as to the acts )Tj 0.057 Tc 0.077 Tw T* [(o)0.5 (f)14.3 ( D)0.5 (ir)0.5 (ec)0.5 (to)0.5 (rs)14.4 ( a)0.5 (nd)14.4 ( se)0.5 (ni)0.5 (or)14.4 ( m)0.5 (an)0.5 (ag)0.5 (em)0.5 (en)0.5 (t)14.3 ( o)0.5 (f)14.3 ( t)0.5 (he)14.4 ( C)0.5 (om)0.5 (pa)0.5 (ny)14.4 ( du)0.5 (ri)0.5 (n)0.5 (g)14.3 ( t)0.5 (he)14.4 ( pe)0.5 (r)0.5 (fo)0.5 (rm)0.5 (an)0.5 (ce)14.4 ( of)14.4 ( th)0.5 (ei)0.5 (r)29.2 ( )]TJ 0.041 Tc 0.079 Tw 0 -1.524 TD [(r)0.5 (e)0.5 (sp)0.5 (e)0.5 (ct)0.5 (i)0.5 (v)0.5 (e)13.2 ( d)0.5 (u)0.5 (ti)0.5 (e)0.5 (s)13.2 ( )0.5 (of)13.3 ( t)0.5 (he)13.2 ( )0.5 (C)0.5 (o)0.5 (mp)0.5 (a)0.5 (n)0.5 (y)13.2 (.)13.2 ( M)0.5 (a)0.5 (j)0.5 (or)13.2 ( )0.5 (w)0.5 (o)0.5 (rk)13.2 ( )0.5 (o)0.5 (f)13.2 ( t)0.5 (h)0.5 (e)13.2 ( S)0.5 (u)0.5 (pe)0.5 (r)0.5 (v)0.5 (i)0.5 (so)0.5 (r)0.5 (y)13.2 ( B)0.5 (o)0.5 (a)0.5 (rd)13.2 ( )0.5 (i)0.5 (n)13.2 ( t)0.5 (h)0.5 (e)13.2 ( )0.5 (re)0.5 (p)0.5 (o)0.5 (rt)0.5 (i)0.5 (n)0.5 (g)13.2 ( )]TJ 0.028 Tc 0 Tw 0 -1.524 TD (period is reported as follows:)Tj 1 0.36 0.14 0.3 k /GS0 gs /T1_2 1 Tf 14 0 0 14 70.8661 445.8911 Tm [(I. )-1107.2 (MEETINGS CONVENED BY THE SUPERVISORY BOARD)]TJ 0 0 0 1 k /GS1 gs /T1_1 1 Tf 0.05 Tc 0.078 Tw 10.5 0 0 10.5 99.2126 413.8911 Tm [(The)13.8 ( 2)13.8 (0)13.8 (1)13.7 (8)13.8 ( first)13.8 ( meeting)13.7 ( of)13.8 ( the)13.7 ( third)13.7 ( session)13.8 ( of)13.7 ( the)13.8 ( Supervisory)13.8 ( Board)13.8 ( was)13.8 ( held)13.7 ( on)22.2 ( )]TJ 0.053 Tc T* [(1)13.8 (2)13.9 ( March)13.8 ( 2)13.8 (0)13.9 (1)13.8 (8)13.8 (,)13.9 ( at)13.9 ( which)13.8 ( \()13.8 (1)13.9 (\))13.8 ( the)13.8 ( Resolution)13.9 ( Regarding)13.9 ( the)13.9 ( Change)13.9 ( of)13.8 ( Supervisor)25.2 ( )]TJ 0.045 Tc 0.077 Tw T* [(of)14.3 ( the)14.3 ( Compan)0.5 (y)14.3 (;)14.3 ( \()14.3 (2)14.3 (\))14.4 ( the)14.3 ( Resol)0.5 (ution)14.3 ( Regar)0.5 (ding)14.3 ( the)14.3 ( Electi)0.5 (on)14.4 ( of)14.3 ( the)14.3 ( Chai)0.5 (rman)14.3 ( of)14.3 ( t)0.5 (he)17.2 ( )]TJ 0.042 Tc 0.078 Tw T* [(Supervisory)13.7 ( Board)13.7 ( of)13.7 ( the)13.7 ( Company)13.8 (;)13.7 ( \()13.8 (3)13.7 (\))13.7 ( the)13.7 ( Resolution)13.7 ( Regarding)13.7 ( the)13.7 ( 2)13.7 (0)13.7 (1)13.7 (7)13.7 ( Annual)14.2 ( )]TJ 0.026 Tc 0 Tw T* [(Report and Results Announcement of the Company; and \(4\) the Resolution\ Regarding)-1.8 ( )]TJ 0.044 Tc 0.078 Tw T* [(the)13.7 ( Work)13.7 ( Report)13.7 ( of)13.7 ( the)13.7 ( Supervisory)13.7 ( Board)13.7 ( of)13.7 ( the)13.6 ( Company)13.7 ( for)13.7 ( the)13.7 ( year)13.7 ( 2)13.7 (0)13.7 (1)13.7 (7)13.6 ( were)16.2 ( )]TJ 0.028 Tc 0 Tw T* (considered and approved.)Tj 0.048 Tc 0.078 Tw 0 -3.048 TD [(The)13.9 ( 2)13.9 (0)14 (1)14 (8)14 ( second)13.9 ( meeting)14 ( of)13.9 ( the)14 ( third)14 ( session)14 ( of)14 ( the)13.9 ( Supervisory)13.9 ( Board)14 ( was)13.9 ( held)20.2 ( )]TJ 0.073 Tc 0.077 Tw 0 -1.524 TD [(o)0.5 (n)14.4 ( 1)14.4 (8)14.4 ( M)0.5 (ay)14.4 ( 2)14.4 (0)14.4 (1)14.4 (8)14.4 (,)14.4 ( a)0.5 (t)14.4 ( w)0.5 (h)0.5 (i)0.5 (c)0.5 (h)14.4 ( \()14.4 (1)14.3 (\))14.4 ( t)0.5 (h)0.5 (e)14.4 ( R)0.5 (e)0.5 (s)0.5 (o)0.5 (l)0.5 (u)0.5 (t)0.5 (i)0.5 (o)0.5 (n)14.4 ( R)0.5 (e)0.5 (g)0.5 (a)0.5 (r)0.5 (d)0.5 (i)0.5 (n)0.5 (g)14.4 ( t)0.5 (h)0.5 (e)14.4 ( R)0.6 (e)14.3 (-)14.4 (e)0.5 (l)0.5 (e)0.5 (c)0.5 (t)0.5 (i)0.5 (o)0.5 (n)14.4 ( o)0.5 (f)14.4 ( t)0.5 (h)0.5 (e)45.2 ( )]TJ 0.035 Tc 0.085 Tw T* [(Supervisory)7.2 ( )0.5 (Board)7.2 ( )0.5 (of)7.2 ( )0.5 (the)7.2 ( C)0.5 (ompany)7.2 (;)7.2 ( a)0.5 (nd)7.3 ( \()7.2 (2)7.2 (\))7.3 ( the)7.2 ( )0.5 (Resolution)7.2 ( )0.5 (Regarding)7.2 ( )0.5 (the)7.2 ( )0.5 (Proposal)7.2 ( )]TJ 0.045 Tc 0.077 Tw 0 -1.524 TD [(fo)0.5 (r)14.3 ( C)0.5 (onve)0.5 (ni)0.5 (ng)14.3 ( th)0.5 (e)14.3 ( 2)14.3 (0)14.4 (1)14.3 (8)14.3 ( F)0.5 (irs)0.5 (t)14.3 ( Ex)0.5 (tra)0.5 (or)0.5 (din)0.5 (ar)0.5 (y)14.3 ( Gen)0.5 (er)0.5 (al)14.3 ( M)0.5 (eet)0.5 (ing)14.4 ( of)14.3 ( th)0.5 (e)14.3 ( C)0.5 (omp)0.5 (any)14.4 ( wer)0.5 (e)17.2 ( )]TJ 0.028 Tc 0 Tw 0 -1.524 TD (considered and approved.)Tj 0.063 Tc 0.078 Tw 0 -3.048 TD [(The)13.8 ( 2)13.9 (0)13.8 (1)13.8 (8)13.8 ( first)13.8 ( meeting)13.8 ( of)13.8 ( the)13.8 ( fourth)13.8 ( session)13.8 ( of)13.8 ( the)13.9 ( Supervisory)13.8 ( Board)13.9 ( was)13.8 ( held)35.2 ( )]TJ 0.058 Tc 0 -1.524 TD [(on)13.6 ( 2)13.6 (1)13.6 ( August)13.6 ( 2)13.6 (0)13.5 (1)13.6 (8)13.6 (,)13.6 ( at)13.6 ( which)13.6 ( the)13.6 ( Resolution)13.6 ( Regarding)13.6 ( the)13.6 ( 2)13.6 (0)13.6 (1)13.6 (8)13.6 ( Interim)13.6 ( Results)30.2 ( )]TJ 0.028 Tc 0 Tw T* (Announcement and Interim Report of the Company was considered and approv\ed.)Tj ET endstreamendobj1101 0 obj<>endobj1102 0 obj<>/Font<>/ProcSet[/PDF/Text]>>/Subtype/Form>>stream BT 1 0.36 0.14 0.3 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc 0 Tw 0 Ts 100 Tz 0 Tr 20 0 0 20 179.3538 729.9951 Tm (SUPERVISORY BOARD\222S REPORT)Tj ET endstreamendobj1105 0 obj<>endobj1098 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT 1 0.36 0.14 0 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 37.6388 33.8036 Tm (182)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT 0 0 0 1 k /GS1 gs /T1_1 1 Tf 0.03 Tc 0.09 Tw 10.5 0 0 10.5 99.2126 672.7551 Tm [(The)2.2 ( Chairman)2.2 ( of)2.2 ( the)2.2 ( Board)2.2 ( and)2.2 ( the)2.2 ( )0.5 (President)2.2 ( )0.5 (of)2.2 ( )0.5 (the)2.3 ( Company)2.2 ( )0.5 (are)2.2 ( )0.5 (held)2.2 ( )0.5 (by)2.2 ( different)2.2 ( )]TJ 0.028 Tc 0.079 Tw 0 -1.524 TD (persons. The Board and the management fulfill their duties in strict com\pliance with )Tj 0.041 Tc T* [(the)13.2 ( )0.5 (requirements)13.2 ( )0.5 (under)13.2 ( )0.5 (the)13.2 ( Articles)13.2 ( )0.5 (of)13.2 ( )0.5 (Association)13.2 (,)13.2 ( )0.5 (the)13.2 ( Terms)13.2 ( )0.5 (of)13.1 ( )0.5 (Reference)13.2 ( )0.5 (for)13.2 ( the)13.2 ( )]TJ 0.028 Tc 0.007 Tw T* (Board of Directors of China Longyuan Power Group Corporation Limited \()Tj /C0_0 1 Tf -0.028 Tw 34.42 0 Td [<0090>64.2 <13B20E550F6502620DAB>]TJ -34.42 -1.524 Td [<0FA00670038503DE082202AE03210EE8052B0E361644052B0B9D06C6>64.2 <0091>]TJ /T1_1 1 Tf 0.011 Tw 14.967 0 Td (\) and the Work Rules for President of China Longyuan )Tj 0 Tw -14.967 -1.524 Td (Power Group Corporation Limited \()Tj /C0_0 1 Tf -0.028 Tw 16.146 0 Td [<0090>64.2 <13B20E550F6502620DAB0FA00670038503DE082202AE0321143C0EBE0B230288042A0B5A06C6>64.2 <0091>]TJ /T1_1 1 Tf 21.07 0 Td (\).)Tj 0 0 0 0.8 k /GS0 gs /T1_2 1 Tf 0 Tw 11.5 0 0 11.5 70.8661 558.7551 Tm [(17. )-685.5 (Authorization of the Board)]TJ 0 0 0 1 k /GS1 gs /T1_1 1 Tf 0.033 Tw 10.5 0 0 10.5 99.2126 526.7551 Tm [(The )0.5 (Board )0.5 (reserves )0.5 (the )0.5 (decision )0.5 (making )0.5 (power )0.5 (on )0.5 (all )0.5 (major )0.5 (matters )0.5 (of )0.5 (the )0.5 (Company, )]TJ 0.071 Tw T* [(including )0.5 (approving )0.5 (and )0.6 (supervising )0.6 (all )0.5 (matters )0.5 (relating )0.5 (to )0.5 (policies, )0.5 (overall )0.5 (strategy, )]TJ 0.05 Tc 0.078 Tw T* [(internal)13.9 ( control)14 ( and)13.9 ( risk)13.9 ( management)13.9 ( system)14 (,)13.9 ( significant)13.9 ( transactions)13.9 ( \()13.9 (especially)22.2 ( )]TJ 0.065 Tc 0.077 Tw T* [(t)0.5 (r)0.5 (a)0.5 (n)0.6 (s)0.5 (a)0.5 (c)0.5 (t)0.5 (i)0.5 (o)0.5 (n)0.5 (s)14.4 ( i)0.5 (n)0.5 (v)0.6 (o)0.5 (l)0.5 (v)0.5 (i)0.5 (n)0.5 (g)14.5 ( c)0.5 (o)0.5 (n)0.6 (f)0.5 (l)0.5 (i)0.5 (c)0.5 (t)0.5 (s)14.4 ( o)0.5 (f)14.4 ( i)0.5 (n)0.5 (t)0.5 (e)0.5 (r)0.6 (e)0.5 (s)0.5 (t)14.4 (\))14.4 (,)14.4 ( f)0.5 (i)0.5 (n)0.5 (a)0.5 (n)0.6 (c)0.5 (i)0.5 (a)0.5 (l)14.4 ( i)0.5 (n)0.5 (f)0.5 (o)0.5 (r)0.6 (m)0.5 (a)0.5 (t)0.5 (i)0.5 (o)0.5 (n)14.4 (,)14.5 ( n)0.5 (o)0.5 (m)0.5 (i)0.6 (n)0.5 (a)0.5 (t)0.5 (i)0.5 (o)0.5 (n)14.5 ( o)0.5 (f)37.2 ( )]TJ 0.071 Tc 0.078 Tw T* [(Director)13.5 ( candidates)13.5 ( and)13.5 ( other)13.5 ( important)13.4 ( financial)13.5 (,)13.5 ( production)13.5 ( and)13.4 ( operational)43.2 ( )]TJ 0.07 Tc T* [(matters)14.2 (.)14.2 ( )0.5 (The)14.2 ( )0.5 (Directors)14.2 ( )0.5 (may)14.2 ( )0.5 (seek)14.3 ( independent)14.2 ( )0.5 (and)14.3 ( professional)14.3 ( opinions)14.2 ( )0.5 (when)42.2 ( )]TJ 0.028 Tc 0.049 Tw T* (performing their duties, with the expenses being borne by the Company. M\eanwhile, )Tj 0.015 Tw T* (the Directors are encouraged to independently consult the senior managem\ent of the )Tj -0.028 Tw T* (Company.)Tj 0.039 Tc 0.081 Tw 0 -3.048 TD [(The)11.2 ( )0.5 (senior)11.2 ( )0.5 (management)11.2 ( is)11.2 ( authorized)11.2 ( )0.5 (to)11.2 ( )0.5 (take)11.2 ( charge)11.2 ( of)11.3 ( the)11.2 ( )0.5 (Company)11.2 (\222)11.3 (s)11.2 ( day)11.3 (-)11.2 (to)11.2 (-)11.2 (day)11.2 ( )]TJ 0.037 Tc 0.083 Tw 0 -1.524 TD [(ma)0.5 (nag)0.5 (emen)0.5 (t)9.2 (,)9.2 ( a)0.5 (dmi)0.5 (ni)0.5 (str)0.5 (ati)0.5 (on)9.2 ( a)0.5 (nd)9.2 ( )0.5 (ope)0.5 (rat)0.5 (ion)9.2 (,)9.2 ( )0.5 (an)0.5 (d)9.2 ( th)0.5 (e)9.2 ( B)0.5 (oar)0.5 (d)9.2 ( w)0.5 (il)0.5 (l)9.2 ( )0.5 (reg)0.5 (ula)0.5 (rly)9.2 ( )0.5 (re)0.5 (vie)0.5 (w)9.2 ( t)0.5 (he)9.2 ( )]TJ 0.046 Tc 0.078 Tw T* [(performance)14.1 ( of)14.1 ( the)14 ( senior)14.1 ( management)14.1 ( and)14.1 ( the)14.1 ( execution)14.1 ( of)14.1 ( relevant)14.1 ( resolutions)14.1 (.)18.2 ( )]TJ 0.028 Tc 0.014 Tw T* (The management shall obtain approval from the Board before entering into\ any major )Tj -0.028 Tw T* (transactions.)Tj 0 0 0 0.8 k /GS0 gs /T1_2 1 Tf 0.093 Tc 0.078 Tw 11.5 0 0 11.5 70.8661 268.7551 Tm [(1)65.2 (8)65.2 (.)65.2 ( )-542.5 (Confirmation)14.3 ( )0.5 (on)14.3 ( )0.5 (the)14.2 ( )0.6 (Independence)14.3 ( )0.6 (of)14.3 ( )0.5 (Independent)14.2 ( )0.6 (Non)14.3 (-)14.3 (executive)65.2 ( )]TJ 0.028 Tc -0.028 Tw 2.465 -1.565 Td (Directors)Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 0.121 Tc 0.077 Tw 10.5 0 0 10.5 99.2126 218.7551 Tm [(E)0.5 (a)0.6 (c)0.5 (h)14.4 ( o)0.5 (f)14.5 ( t)0.6 (h)0.5 (e)14.4 ( i)0.6 (n)0.5 (d)0.5 (e)0.6 (p)0.5 (e)0.5 (n)0.6 (d)0.5 (e)0.5 (n)0.6 (t)14.4 ( n)0.5 (o)0.5 (n)14.4 (-)14.5 (e)0.5 (x)0.5 (e)0.6 (c)0.5 (u)0.5 (t)0.6 (i)0.5 (v)0.5 (e)14.5 ( D)0.6 (i)0.5 (r)0.6 (e)0.5 (c)0.5 (t)0.6 (o)0.5 (r)0.5 (s)14.4 ( h)0.6 (a)0.5 (s)14.4 ( c)0.5 (o)0.6 (n)0.5 (f)0.5 (i)0.6 (r)0.5 (m)0.5 (e)0.6 (d)14.4 ( h)0.5 (i)0.6 (s)14.4 (/)14.4 (h)0.5 (e)0.6 (r)93.2 ( )]TJ 0.028 Tc 0.028 Tw T* (independence pursuant to Rule 3.13 of the Listing Rules. 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For the leaders who have left the Company, economic\ responsibility )Tj 0.045 Tc 0.078 Tw 0 -1.524 TD [(audit)14.1 ( was)14.1 ( performed)14.1 ( and)14.2 ( an)14.2 ( objective)14.2 ( and)14.1 ( fair)14.1 ( evaluation)14.1 ( was)14.2 ( conducted)14.2 ( on)14.1 ( )0.5 (their)17.3 ( )]TJ 0.028 Tc 0.08 Tw 0 -1.524 TD (performance of \223one post two responsibilities\224 )Tj /C0_0 1 Tf 0 Tc 0 Tw 22.126 0 Td <0080>Tj /T1_1 1 Tf 0.924 0 Td (\223)Tj /C0_0 1 Tf 0.028 Tc -0.028 Tw 0.417 0 Td <02530A6A15500BAA>Tj /T1_1 1 Tf 0 Tc 0 Tw (\224)Tj /C0_0 1 Tf 4.424 0 Td <0081>Tj /T1_1 1 Tf 0.028 Tc 0.08 Tw 0.525 0 Td (, completion of operating )Tj 0.045 Tc 0.078 Tw -28.416 -1.524 Td [(indicators)14.1 ( and)14.1 ( compliance)14.1 ( with)14.1 ( rules)14.1 ( and)14.1 ( disciplines)14.1 ( during)14.1 ( their)14 ( term)14.1 ( of)14.1 ( office)14.1 (;)14.1 ( a)17.2 ( )]TJ 0.054 Tc T* [(special)14.1 ( audit)14 ( was)14.1 ( executed)14.1 ( on)14.1 ( the)14 ( use)14.1 ( of)14.1 ( eight)14 ( expenses)14 ( which)14 ( were)14 ( mainly)14.1 ( the)26.2 ( )]TJ 0.065 Tc T* [(\223)14 (three)14 ( public)14 (\224)14 ( )]TJ /C0_0 1 Tf 0 Tc 0 Tw 6.962 0 Td <0080>Tj /T1_1 1 Tf 0.947 0 Td (\223)Tj /C0_0 1 Tf 0.051 Tc -0.051 Tw 0.44 0 Td <026702AE>Tj /T1_1 1 Tf 0 Tc 0 Tw (\224)Tj /C0_0 1 Tf 2.438 0 Td <0081>Tj /T1_1 1 Tf 0.065 Tc 0.078 Tw 0.549 0 Td [( expenses)14.1 ( since)14.1 ( 2)14.1 (0)14 (1)14 (5)14 (.)14 ( During)14 ( April)14 ( to)14.1 ( October)14 ( 2)14 (0)14 (1)14.1 (8)14 (,)14 ( the)37.2 ( )]TJ 0.044 Tc -11.335 -1.524 Td [(Group)13.8 ( conducted)13.8 ( key)13.8 ( risk)13.8 ( inspection)13.8 ( mainly)13.8 ( covering)13.8 ( investment)13.8 ( risks)13.8 (,)13.8 ( HSE)13.8 ( risks)13.8 (,)16.2 ( )]TJ 0.029 Tc 0.091 Tw T* [(i)0.5 (n)0.5 (t)0.5 (e)0.5 (rn)0.5 (a)0.5 (t)0.5 (i)0.5 (o)0.5 (n)0.5 (a)0.5 (l)1.2 ( )0.5 (o)0.5 (pe)0.5 (r)0.5 (a)0.5 (t)0.5 (i)0.5 (o)0.5 (n)1.2 ( )0.5 (r)0.5 (i)0.5 (sk)0.5 (s)1.3 (,)1.2 ( c)0.5 (a)0.5 (p)0.5 (i)0.5 (t)0.5 (a)0.5 (l)1.2 ( )0.5 (m)0.5 (an)0.5 (a)0.5 (g)0.5 (e)0.5 (m)0.5 (e)0.5 (n)0.5 (t)1.2 ( r)0.5 (i)0.5 (s)0.5 (k)0.5 (s)1.2 (,)1.2 ( )0.5 (c)0.5 (o)0.5 (m)0.5 (pe)0.5 (t)0.5 (i)0.5 (t)0.5 (i)0.5 (o)0.5 (n)1.2 ( )0.5 (a)0.5 (n)0.5 (d)1.2 ( )0.5 (pr)0.5 (i)0.5 (c)0.5 (e)1.2 ( )0.5 (r)0.5 (i)0.5 (s)0.5 (k)0.5 (s)1.2 (,)1.2 ( )]TJ 0.045 Tc 0.078 Tw T* [(engineering)13.6 ( management)13.6 ( risks)13.6 ( and)13.7 ( lawsuit)13.6 ( risks)13.6 (,)13.6 ( and)13.6 ( confirmed)13.7 ( the)13.6 ( effectiveness)17.2 ( )]TJ 0.077 Tc 0.077 Tw T* [(o)0.5 (f)14.4 ( t)0.6 (h)0.5 (e)14.4 ( r)0.5 (i)0.6 (s)0.5 (k)14.4 ( m)0.5 (a)0.5 (n)0.6 (a)0.5 (g)0.5 (e)0.6 (m)0.5 (e)0.5 (n)0.5 (t)14.5 ( a)0.6 (n)0.5 (d)14.4 ( i)0.6 (n)0.5 (t)0.5 (e)0.5 (r)0.6 (n)0.5 (a)0.5 (l)14.5 ( c)0.6 (o)0.5 (n)0.5 (t)0.5 (r)0.6 (o)0.5 (l)14.4 ( s)0.5 (y)0.6 (s)0.5 (t)0.5 (e)0.5 (m)0.6 (s)14.4 ( o)0.5 (f)14.4 ( t)0.5 (h)0.6 (e)14.4 ( G)0.5 (r)0.5 (o)0.5 (u)0.6 (p)14.4 ( d)0.5 (u)0.5 (r)0.6 (i)0.5 (n)0.5 (g)14.5 ( t)0.5 (h)0.5 (e)49.2 ( )]TJ 0.051 Tc T* [(yea)0.5 (r)14.3 (.)14.3 ( In)14.3 ( No)0.5 (vembe)0.5 (r)14.3 ( 2)14.3 (0)14.3 (1)14.3 (8)14.3 (,)14.4 ( th)0.5 (e)14.3 ( Comp)0.5 (any)14.3 ( ass)0.5 (essed)14.4 ( t)0.5 (he)14.3 ( oper)0.5 (atio)0.5 (n)14.3 ( o)0.5 (f)14.3 ( the)14.3 ( ove)0.5 (rall)14.4 ( r)0.5 (isk)23.2 ( )]TJ 0.039 Tc 0.081 Tw T* [(management)11.2 ( system)11.2 (.)11.2 ( )0.5 (It)11.2 ( )0.5 (was)11.2 ( not)11.2 ( aware)11.3 ( of)11.2 ( any)11.2 ( )0.5 (material)11.2 ( deficiencies)11.2 ( or)11.2 ( any)11.2 ( )0.5 (material)11.2 ( )]TJ 0.042 Tc 0.078 Tw T* [(defaults)14 ( with)14 ( respect)14 ( to)14.1 ( internal)14.1 ( controls)14 ( of)14.1 ( the)14 ( Company)14 (.)14 ( The)14.1 ( Board)14.1 ( believes)14.1 ( that)14.2 ( )]TJ 0.033 Tc 0.087 Tw T* [(the)5.2 ( current)5.2 ( )0.5 (monitoring)5.2 ( )0.5 (control)5.2 ( )0.5 (systems)5.2 ( of)5.2 ( )0.5 (the)5.3 ( Company)5.2 ( )0.5 (are)5.2 ( )0.5 (effective)5.2 ( )0.5 (and)5.3 ( considers)5.2 ( )]TJ 0.08 Tc 0.078 Tw T* [(that)13.8 ( the)13.8 ( Company)13.8 (\222)13.8 (s)13.8 ( resources)13.8 ( in)13.9 ( terms)13.8 ( of)13.8 ( accounting)13.8 ( and)13.8 ( financial)13.9 ( reporting)52.2 ( )]TJ 0.043 Tc 0.077 Tw T* [(f)0.5 (u)0.5 (n)0.5 (ct)0.5 (i)0.5 (o)0.5 (n)0.5 (s)14.4 ( a)0.5 (r)0.5 (e)14.4 ( a)0.5 (d)0.5 (e)0.5 (q)0.5 (u)0.5 (a)0.5 (t)0.5 (e)14.3 ( i)0.5 (n)0.5 (c)0.5 (l)0.5 (ud)0.5 (i)0.5 (n)0.5 (g)14.4 ( s)0.5 (t)0.5 (a)0.5 (f)0.5 (f)14.4 ( q)0.5 (u)0.5 (a)0.5 (l)0.5 (i)0.5 (f)0.5 (i)0.5 (c)0.5 (at)0.5 (i)0.5 (o)0.5 (n)0.5 (s)14.4 ( a)0.5 (n)0.5 (d)14.4 ( e)0.5 (x)0.5 (p)0.5 (e)0.5 (r)0.5 (i)0.5 (e)0.5 (n)0.5 (ce)14.4 (,)14.4 ( s)0.5 (t)0.5 (a)0.5 (f)0.5 (f)14.4 ( t)0.5 (r)0.5 (a)0.5 (i)0.5 (n)0.5 (i)0.5 (n)0.5 (g)15.2 ( )]TJ 0.03 Tc 0.09 Tw 0 -1.524 TD [(pr)0.5 (ogr)0.5 (ams)2.2 ( )0.5 (and)2.2 ( )0.5 (rel)0.5 (eva)0.5 (nt)2.2 ( b)0.5 (udge)0.5 (t)2.2 (.)2.2 ( Th)0.5 (e)2.2 ( i)0.5 (nsp)0.5 (ecti)0.5 (on)2.2 ( i)0.5 (mp)0.5 (rove)0.5 (d)2.2 ( th)0.5 (e)2.2 ( b)0.5 (usin)0.5 (ess)2.2 ( )0.5 (dep)0.5 (artm)0.5 (ent)2.2 (\222)2.2 (s)2.2 ( )]TJ 0.028 Tc 0.01 Tw 0 -1.524 TD (capacities in terms of risk collection, risk assessment, risk analysis a\nd risk response )Tj 0.041 Tc 0.079 Tw T* [(and)13.2 ( improved)13.2 ( )0.5 (the)13.2 ( internal)13.2 ( )0.5 (control)13.2 ( )0.5 (process)13.2 (,)13.2 ( thereby)13.2 ( )0.5 (helping)13.2 ( )0.5 (optimise)13.2 ( the)13.2 ( )0.5 (corporate)13.2 ( )]TJ 0.052 Tc 0.077 Tw T* [(g)0.5 (ov)0.5 (er)0.5 (na)0.5 (nc)0.5 (e)14.4 (,)14.3 ( r)0.5 (is)0.5 (k)14.4 ( ma)0.5 (na)0.5 (g)0.5 (em)0.5 (en)0.5 (t)14.3 ( a)0.5 (n)0.5 (d)14.3 ( c)0.5 (on)0.5 (tr)0.5 (o)0.5 (l)14.3 ( p)0.5 (r)0.5 (oc)0.5 (es)0.5 (s)14.3 ( of)14.4 ( th)0.5 (e)14.3 ( C)0.5 (o)0.5 (mp)0.5 (a)0.5 (ny)14.4 (,)14.3 ( i)0.5 (m)0.5 (pr)0.5 (ov)0.5 (e)14.3 ( th)0.5 (e)24.2 ( )]TJ 0.031 Tc 0.089 Tw T* [(management)3.2 ( )0.5 (of)3.2 ( )0.5 (the)3.2 ( )0.5 (Company)3.2 (,)3.2 ( )0.5 (advance)3.2 ( )0.5 (the)3.2 ( )0.5 (continuous)3.2 ( and)3.2 ( )0.5 (healthy)3.2 ( development)3.2 ( )0.5 (of)3.3 ( )]TJ 0.028 Tc 0 Tw T* (the Company and realise the Company\222s strategic goals.)Tj ET endstreamendobj1158 0 obj<>endobj1155 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT 1 0.36 0.14 0 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 536.9537 33.8036 Tm (173)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT 0 0 0 1 k /GS1 gs /T1_1 1 Tf 0.072 Tc 0.078 Tw 10.5 0 0 10.5 99.2126 672.7551 Tm [(Company)13.6 ( is)13.7 ( in)13.6 ( charge)13.6 ( of)13.6 ( the)13.6 ( daily)13.7 ( work)13.6 ( of)13.6 ( the)13.6 ( overall)13.7 ( risk)13.6 ( management)13.6 ( of)13.6 ( the)44.2 ( )]TJ 0.028 Tc 0.069 Tw 0 -1.524 TD (Company, organising the formulation, ongoing amendments and improvement \of the )Tj 0.025 Tc 0 Tw T* [(risk management measures and other relevant management systems of the Co\mpany,)-2.8 ( )]TJ 0.028 Tc 0.062 Tw T* (establishment and improvement of the risk classification framework of th\e Company, )Tj 0.049 Tc 0.078 Tw T* [(and)14.1 ( organisation)14.1 ( of)14.1 ( preparation)14.1 ( of)14 ( risk)14.1 ( management)14.1 ( operation)14.1 ( guidelines)14 (,)14.1 ( annual)21.2 ( )]TJ 0.057 Tc T* [(work)13.6 ( plan)13.6 ( on)13.6 ( risk)13.6 ( management)13.6 ( and)13.6 ( risk)13.6 ( assessment)13.6 ( standards)13.6 ( of)13.6 ( the)13.6 ( Company)13.6 (.)29.2 ( )]TJ 0.032 Tc 0.088 Tw T* [(They)4.2 ( should)4.2 ( carry)4.2 ( out)4.2 ( risk)4.2 ( )0.5 (assessment)4.2 (,)4.2 ( )0.5 (determine)4.2 ( )0.5 (risk)4.2 ( management)4.2 ( )0.5 (strategies)4.2 (,)4.2 ( and)4.2 ( )]TJ 0.028 Tc 0.059 Tw T* (prepare annual work report on overall risk management. Moreover, they ta\ke charge )Tj 0.092 Tw T* [(of )0.5 (publication )0.5 (and )0.5 (maintenance of basic information on risk )0.5 (management )0.5 (in )0.5 (the risk )]TJ 0.034 Tc 0.086 Tw T* [(management)6.2 ( information)6.2 ( system)6.2 ( of)6.2 ( )0.5 (the)6.2 ( )0.5 (Company)6.2 ( )0.5 (and)6.2 ( )0.5 (completion)6.2 ( )0.5 (of)6.2 ( other)6.2 ( )0.5 (issues)6.2 ( )0.5 (in)6.2 ( )]TJ 0.036 Tc 0.084 Tw T* [(relation)8.2 ( )0.5 (to)8.2 ( )0.5 (the)8.2 ( )0.5 (overall)8.3 ( risk)8.2 ( )0.5 (management)8.2 ( of)8.3 ( the)8.2 ( Company)8.2 (.)8.2 ( The)8.2 ( )0.5 (Company)8.2 ( )0.5 (establishes)8.2 ( )]TJ 0.066 Tc 0.078 Tw T* [(Safety)13.6 ( Supervision)13.6 ( Department)13.6 (,)13.6 ( Finance)13.6 ( Administration)13.6 ( Department)13.6 (,)13.6 ( Corporate)38.2 ( )]TJ 0.028 Tc 0.077 Tw T* (Operation and Legal Affairs Department, Audit Department, Supervision De\partment )Tj 0.034 Tw T* (to take charge of monitoring finance, operation and regulatory complianc\e, including )Tj 0.013 Tw T* (but not limited to financial operation and supervision, risk management,\ internal audit )Tj 0 Tw T* (and anti-cheating.)Tj 0.048 Tc 0.077 Tw 0 -3.048 TD [(T)0.5 (h)0.5 (e)14.4 ( C)0.5 (o)0.5 (m)0.5 (p)0.5 (a)0.5 (n)0.5 (y)14.4 ( h)0.6 (a)0.5 (s)14.4 ( a)14.4 ( s)0.5 (o)0.5 (u)0.5 (n)0.5 (d)14.4 ( r)0.5 (i)0.6 (sk)14.5 ( i)0.5 (n)0.5 (f)0.5 (o)0.5 (r)0.5 (m)0.6 (at)0.6 (i)0.5 (o)0.5 (n)14.4 ( r)0.5 (e)0.5 (p)0.5 (o)0.5 (r)0.6 (t)14.3 ( s)0.5 (y)0.5 (s)0.5 (t)0.5 (e)0.5 (m)14.4 ( i)0.5 (n)14.4 ( p)0.5 (l)0.6 (a)0.5 (c)0.5 (e)14.4 (.)14.4 ( T)0.5 (h)0.5 (e)14.4 ( C)0.5 (o)0.5 (m)0.5 (p)0.5 (a)0.5 (n)0.5 (y)20.2 ( )]TJ 0.056 Tc 0.078 Tw 0 -1.524 TD [(conducts)13.6 ( annual)13.6 ( risk)13.6 ( investigation)13.6 (,)13.6 ( results)13.5 ( of)13.5 ( which)13.5 ( will)13.6 ( be)13.6 ( reported)13.6 ( to)13.6 ( the)13.6 ( audit)28.2 ( )]TJ 0.07 Tc T* [(committee)13.8 ( directly)13.7 ( and)13.8 ( then)13.7 ( to)13.8 ( the)13.8 ( Board)13.7 ( by)13.8 ( the)13.8 ( audit)13.8 ( committee)13.8 ( on)13.7 ( a)13.7 ( regular)42.3 ( )]TJ 0.028 Tc 0.079 Tw T* (basis. Furthermore, each department of the Company is able to submit rel\evant risk )Tj 0.044 Tc 0.078 Tw T* [(information)13.6 ( to)13.6 ( the)13.5 ( Board)13.6 ( smoothly)13.6 (.)13.5 ( Being)13.6 ( the)13.5 ( most)13.5 ( senior)13.6 ( point)13.5 ( of)13.5 ( contact)13.6 ( to)13.6 ( each)16.2 ( )]TJ 0.028 Tc 0.084 Tw T* [(department, )0.5 (the President of the Company has the )0.5 (ability )0.5 (to effectively )0.5 (report to )0.5 (the )]TJ 0.03 Tw T* (Board in relation to the operational conditions of each department, and \to coordinate )Tj 0.046 Tc 0.078 Tw T* [(and)13.8 ( mobilise)13.7 ( each)13.7 ( department)13.8 ( to)13.7 ( enhance)13.8 ( reasonable)13.7 ( decision)13.8 ( making)13.7 ( within)13.8 ( the)18.2 ( )]TJ 0.038 Tc 0.082 Tw T* [(Company)10.2 (.)10.2 ( )0.5 (Accordingly)10.2 (,)10.2 ( any)10.2 ( )0.5 (possible)10.1 ( )0.5 (significant)10.2 ( risk)10.2 ( factor)10.2 ( \()10.2 (if)10.2 ( )0.5 (subject)10.2 ( )0.5 (to)10.2 ( disclosure)10.2 ( )]TJ 0.048 Tc 0.077 Tw T* [(t)0.5 (o)14.3 ( t)0.5 (he)14.4 ( m)0.5 (ar)0.5 (ke)0.5 (t)14.3 (\))14.4 ( d)0.5 (i)0.5 (sc)0.5 (ov)0.5 (er)0.5 (ed)14.4 ( b)0.5 (y)14.3 ( th)0.5 (e)14.3 ( s)0.5 (ta)0.5 (ff)14.4 ( c)0.5 (an)14.4 ( b)0.5 (e)14.3 ( r)0.5 (ep)0.5 (o)0.5 (rt)0.5 (ed)14.4 ( t)0.5 (o)14.3 ( t)0.5 (he)14.4 ( m)0.5 (an)0.5 (ag)0.5 (e)0.5 (me)0.5 (nt)14.4 ( o)0.5 (f)14.3 ( t)0.5 (he)20.2 ( )]TJ 0.056 Tc 0.078 Tw T* [(Company)14.3 ( )0.6 (in)14.2 ( )0.6 (a)14.3 ( )0.5 (timely)14.3 (,)14.3 ( )0.5 (accurate)14.3 ( )0.6 (and)14.3 ( )0.6 (effective)14.2 ( )0.6 (manner)14.3 ( )0.6 (and)14.3 ( )0.6 (the)14.3 ( )0.6 (decisions)14.3 ( )0.5 (from)14.3 ( )0.5 (the)28.2 ( )]TJ 0.047 Tc T* [(management)13.5 ( of)13.5 ( the)13.6 ( Company)13.5 ( can)13.5 ( be)13.5 ( implemented)13.5 ( accurately)13.5 ( and)13.5 ( timely)13.5 (,)13.5 ( and)13.5 ( be)19.2 ( )]TJ 0.028 Tc 0 Tw T* (exercised with supervision.)Tj 0.023 Tw 0 -3.048 TD [(In )0.5 (respect )0.6 (of )0.5 (specific )0.5 (execution, )0.6 (the )0.5 (Company )0.5 (effectively )0.5 (ensures )0.5 (the )0.5 (implementation )]TJ 0.043 Tc 0.078 Tw 0 -1.524 TD [(of)14.2 ( risk)14.1 ( management)14.2 ( measures)14.1 ( in)14.1 ( all)14.1 ( business)14.1 ( sections)14.1 ( )0.5 (by)14.1 ( establishing)14.2 ( a)14.1 ( complete)15.2 ( )]TJ 0.028 Tc 0.084 Tw 0 -1.524 TD (set of risk control implementation mechanisms including risk indicator e\arly warning )Tj 0.053 Tc 0.077 Tw T* [(m)0.5 (ech)0.5 (a)0.5 (ni)0.5 (sm)14.4 (,)14.3 ( r)0.5 (is)0.5 (k)14.3 ( i)0.5 (nf)0.5 (or)0.5 (ma)0.5 (ti)0.5 (o)0.5 (n)14.3 ( r)0.5 (ep)0.5 (or)0.5 (t)14.3 ( s)0.5 (ys)0.5 (tem)14.4 (,)14.4 ( ri)0.5 (sk)14.4 ( ma)0.5 (na)0.5 (ge)0.5 (me)0.5 (nt)14.4 ( cu)0.5 (lt)0.5 (ur)0.5 (e)14.3 ( s)0.5 (y)0.5 (ste)0.5 (m)14.3 ( and)25.2 ( )]TJ 0.059 Tc 0.078 Tw T* [(incentive)13.7 ( system)13.7 (.)13.8 ( The)13.8 ( Company)13.7 ( has)13.8 ( established)13.7 ( a)13.7 ( top)13.7 (-)13.8 (down)13.7 ( risk)13.7 ( indicator)13.7 ( early)31.2 ( )]TJ 0.028 Tc 0.063 Tw T* (warning mechanism at different levels. The risk indicators cover 216 ris\ks under five )Tj ET endstreamendobj1156 0 obj<>endobj1153 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT 1 0.36 0.14 0 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 37.6388 33.8036 Tm (172)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT 0 0 0 0.8 k /T1_1 1 Tf 0 Tw 11.5 0 0 11.5 70.8661 672.0581 Tm [(7. )-1269.3 (Risk Management and Internal Controls)]TJ 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.05 Tc 0.078 Tw 10.5 0 0 10.5 99.2126 640.0581 Tm [(The)14.1 ( )0.5 (Company)14.1 ( highly)14.1 ( recognizes)14.1 ( the)14.2 ( importance)14.2 ( of)14.2 ( risk)14.1 ( management)14.1 ( and)14.2 ( internal)22.2 ( )]TJ 0.027 Tc 0 Tw 0 -1.524 TD [(control. A sound and effective internal control system has been establis\hed to protect)-0.8 ( )]TJ 0.028 Tc T* (Shareholders\222 investments and the Company\222s assets.)Tj 0.051 Tc 0.078 Tw 0 -3.048 TD [(In)13.6 ( respect)13.6 ( of)13.6 ( rules)13.7 ( and)13.6 ( regulations)13.7 (,)13.6 ( the)13.6 ( Company)13.7 ( has)13.6 ( set)13.6 ( up)13.6 ( systems)13.6 ( on)13.7 ( internal)23.2 ( )]TJ 0.028 Tc 0.068 Tw 0 -1.524 TD (control, including the Rules of Procedures of the Board Meeting \()Tj /C0_0 1 Tf -0.028 Tw 31.12 0 Td [<0090>64.2 <0EE8052B0E361644052B0B9D06C6>64.2 <0091>]TJ /T1_2 1 Tf 8.737 0 Td (\), )Tj 0.036 Tc 0.084 Tw -39.856 -1.524 Td [(the)8.2 ( Terms)8.2 ( )0.5 (of)8.2 ( )0.5 (Reference)8.3 ( for)8.2 ( )0.5 (the)8.2 ( )0.5 (Audit)8.2 ( )0.5 (Committee)8.3 ( \()]TJ /C0_0 1 Tf 0.028 Tc -0.028 Tw 23.83 0 Td [<0090>64.2 <11320807058908700E361644052B0B9D06C6>64.2 <0091>]TJ /T1_2 1 Tf 0.036 Tc 0.084 Tw 10.792 0 Td [(\))8.2 (,)8.2 ( )0.5 (the)8.1 ( )0.5 (Terms)8.2 ( )]TJ 0.04 Tc 0.08 Tw -34.622 -1.524 Td [(of)12.2 ( Reference)12.2 ( for)12.2 ( the)12.1 ( )0.5 (Remuneration)12.2 ( and)12.2 ( Assessment)12.1 ( )0.5 (Committee)12.2 ( )0.5 (\()]TJ /C0_0 1 Tf 0.028 Tc -0.028 Tw 31.337 0 Td [<0090>64.2 <145A0F47107E03FD08E8058908700E36>]TJ -31.337 -1.524 Td [<1644052B0B9D06C6>64.2 <0091>]TJ /T1_2 1 Tf 0.033 Tc 0.087 Tw 4.689 0 Td [(\))5.2 (,)5.2 ( )0.5 (t)0.5 (h)0.6 (e)5.1 ( )0.5 (T)0.6 (e)0.5 (r)0.5 (m)0.6 (s)5.2 ( o)0.6 (f)5.2 ( )0.5 (R)0.5 (e)0.5 (f)0.6 (e)0.5 (r)0.5 (e)0.6 (n)0.5 (c)0.5 (e)5.2 ( )0.5 (f)0.5 (o)0.6 (r)5.2 ( )0.5 (t)0.5 (h)0.5 (e)5.2 ( )0.5 (N)0.5 (o)0.6 (m)0.5 (i)0.6 (n)0.5 (a)0.5 (t)0.5 (i)0.6 (o)0.5 (n)5.2 ( )0.5 (C)0.5 (o)0.6 (m)0.5 (m)0.6 (i)0.5 (t)0.5 (t)0.6 (e)0.5 (e)5.2 ( )0.5 (\()]TJ /C0_0 1 Tf 0.028 Tc -0.028 Tw 27.675 0 Td [<0090>64.2 <0C6403A4058908700E361644052B>]TJ -0.036 Tc 0.036 Tw -32.364 -1.524 Td [<0B9D>-63.8 <06C60091>]TJ /T1_2 1 Tf 0.028 Tc 0.092 Tw 2.634 0 Td [(\), )0.5 (the Terms )0.5 (of )0.5 (Reference for )0.5 (the Strategic )0.5 (Committee )0.5 (\()]TJ /C0_0 1 Tf -0.028 Tw 26.43 0 Td [<0090>64.2 <12B70B2B058908700E361644052B0B9D06C6>64.2 <0091>]TJ /T1_2 1 Tf 10.792 0 Td (\), )Tj 0.07 Tw -39.856 -1.524 Td (the Provisions on Information Disclosure Management \()Tj /C0_0 1 Tf -0.028 Tw 26.186 0 Td [<0090>64.2 <06A608B905DE16A3052B0A15104D0B230B9D059B>64.2 <0091>]TJ /T1_2 1 Tf 0.07 Tw 11.82 0 Td (\), the )Tj 0.025 Tc 0 Tw -38.006 -1.524 Td [(Ru)0.5 (le)0.5 (s o)0.5 (n t)0.5 (he )0.5 (Man)0.5 (ag)0.5 (eme)0.5 (nt)0.5 ( of )0.5 (Co)0.5 (nne)0.5 (cte)0.5 (d )0.5 (Tra)0.5 (nsa)0.5 (ct)0.5 (ion)0.5 (s \()]TJ /C0_0 1 Tf -0.025 Tw 25.546 0 Td [<0090>64.4 <15EB>0.5 <0BB9037405F8>0.5 <104D0B23136C>0.5 <062C>64.4 <0091>]TJ /T1_2 1 Tf 0 Tw 9.732 0 Td [(\),)0.5 ( Te)0.5 (nta)0.5 (ti)0.5 (ve)-2.8 ( )]TJ 0.076 Tc 0.078 Tw -35.278 -1.524 Td [(Risk)13.4 ( Management)13.4 ( Framework)13.5 ( \()]TJ /C0_0 1 Tf 0.063 Tc -0.063 Tw 15.748 0 Td [<0090>64.4 <082C>0.5 <1388>0.5 <104D0B23>0.5 <08EA0756>502.9 <0080>104.4 <0F0A>0.5 <0411>64.4 <0091>]TJ /T1_2 1 Tf 0.076 Tc 0.078 Tw 10.568 0 Td [(\))13.5 (,)13.4 ( the)13.5 ( Template)13.5 ( for)13.5 ( Regular)48.2 ( )]TJ 0.028 Tc 0.042 Tw -26.316 -1.524 Td (Declaration Requirement by Directors and Senior Management \()Tj /C0_0 1 Tf -0.028 Tw 30.309 0 Td [<0090>64.2 <0EE8052B107E09F7104D059B0C82144A05FC>]TJ 0.027 Tc -0.027 Tw -30.309 -1.524 Td [<0B9D059B117C0610>64.1 <0091>]TJ /T1_2 1 Tf 0 Tw 4.685 0 Td (\), the Terms of Reference of the Senior Management of the Company \()Tj /C0_0 1 Tf -0.037 Tc 0.037 Tw 32.82 0 Td [<009002AE>-63.9 <0321>]TJ 0.028 Tc -0.028 Tw -37.505 -1.524 Td [<09F7104D15160BAA10AD05FC08E3>64.2 <0091>]TJ /T1_2 1 Tf 0.029 Tc 0.091 Tw 7.773 0 Td [(\))1.2 (,)1.2 ( )0.5 (the)1.2 ( )0.5 (Interim)1.2 ( )0.5 (Measures)1.2 ( )0.5 (on)1.2 ( )0.5 (Anti)1.2 (-)1.2 (Corruption)1.2 (,)1.2 ( )0.5 (Complaints)1.2 ( )0.5 (and)1.2 ( )0.5 (Reports)1.2 ( )]TJ 0 Tc 0 Tw -7.773 -1.524 Td (\()Tj /C0_0 1 Tf 0.028 Tc -0.028 Tw -0.025 0 Td [<0090>64.2 <02C010800FCC02BF0A9F03D704B30D61006514580C1C065911720411136C062C>64.2 <0091>]TJ /T1_2 1 Tf 0.035 Tw 17.987 0 Td (\) and the Management System of Internal Audit )Tj 0 Tc 0 Tw -17.962 -1.524 Td (\()Tj /C0_0 1 Tf 0.028 Tc -0.028 Tw -0.025 0 Td [<0090>64.2 <02AB0BC511320807104D0B2305530713>64.2 <0091>]TJ /T1_2 1 Tf 0 Tw 9.764 0 Td (\), etc.)Tj 0.05 Tc 0.078 Tw -9.74 -3.048 Td [(In)13.8 ( terms)13.7 ( of)13.7 ( organisational)13.8 ( structure)13.7 (,)13.7 ( the)13.7 ( Company)13.7 ( establishes)13.8 ( sound)13.8 ( governance)22.2 ( )]TJ 0.028 Tc 0.065 Tw T* (and organisational structure. The Board, management and internal audit d\epartment )Tj 0 Tw T* (fulfill their own duties and have clear division of work in risk managem\ent and internal )Tj 0.048 Tc 0.077 Tw T* [(su)0.5 (pe)0.5 (rv)0.5 (i)0.5 (si)0.5 (on)14.4 (.)14.3 ( Th)0.5 (e)14.3 ( B)0.5 (oa)0.5 (rd)14.4 ( ac)0.5 (ts)14.4 ( as)14.4 ( th)0.5 (e)14.3 ( h)0.5 (ig)0.5 (he)0.5 (st)14.4 ( de)0.5 (ci)0.5 (si)0.5 (on)14.4 (-)14.3 (m)0.5 (ak)0.5 (in)0.5 (g)14.3 ( b)0.5 (od)0.5 (y)14.3 ( w)0.5 (i)0.5 (th)14.4 ( r)0.5 (e)0.5 (sp)0.5 (ec)0.5 (t)14.3 ( to)20.2 ( )]TJ 0.028 Tc 0.003 Tw T* (overall risk management. The Board is responsible for assessing and dete\rmining the )Tj 0.016 Tw T* (risk appetite for its operating strategy and supervising the management\222\s design and )Tj 0.024 Tc 0 Tw T* [(implementation and inspection of the risk management and internal monito\ring system)-3.8 ( )]TJ 0.028 Tc 0.037 Tw T* (to ensure the system is effective. The Board continuously guides and sup\ervises risk )Tj 0.05 Tc 0.078 Tw T* [(management)14.2 ( )0.5 (and)14.3 ( )0.5 (internal)14.3 ( )0.5 (control)14.2 ( )0.5 (specifically)14.3 ( )0.5 (through)14.2 ( )0.5 (approval)14.2 ( )0.5 (of)14.3 ( )0.5 (the)14.3 ( )0.5 (Company)14.3 (\222)14.2 (s)22.2 ( )]TJ 0.058 Tc 0.077 Tw T* [(overal)0.5 (l)14.3 ( objective)0.5 (s)14.3 (,)14.3 ( pl)0.5 (anning)14.3 ( and)14.3 ( annual)14.3 ( pla)0.5 (n)14.3 ( of)14.3 ( risk)14.4 ( mana)0.5 (gement)14.3 (;)14.3 ( determ)0.5 (ination)30.2 ( )]TJ 0.078 Tw T* [(of)14.2 ( the)14.2 ( )0.5 (overall)14.2 ( )0.5 (objectives)14.2 ( of)14.2 ( risk)14.1 ( )0.5 (management)14.2 (,)14.1 ( )0.5 (risk)14.2 ( appetite)14.2 ( and)14.2 ( risk)14.1 ( )0.5 (tolerance)14.2 ( of)30.2 ( )]TJ 0.062 Tc T* [(the)14.3 ( )0.5 (Company)14.2 (,)14.3 ( )0.5 (approval)14.3 ( )0.5 (of)14.3 ( )0.5 (the)14.3 ( )0.5 (Company)14.3 (\222)14.2 (s)14.3 ( )0.5 (risk)14.3 ( )0.5 (judgment)14.2 ( )0.6 (standards)14.3 ( )0.5 (or)14.3 ( )0.5 (judgment)34.2 ( )]TJ 0.029 Tc 0.091 Tw T* [(m)0.6 (e)0.5 (c)0.6 (h)0.5 (a)0.6 (n)0.5 (i)0.6 (s)0.5 (m)1.3 (,)1.2 ( r)0.6 (i)0.5 (s)0.6 (k)1.2 ( )0.5 (m)0.6 (a)0.5 (n)0.6 (a)0.5 (g)0.6 (e)0.5 (m)0.6 (e)0.5 (n)0.6 (t)1.2 ( )0.5 (s)0.5 (t)0.6 (r)0.5 (a)0.6 (t)0.5 (e)0.6 (g)0.5 (y)1.2 (,)1.2 ( )0.5 (s)0.6 (o)0.5 (l)0.6 (u)0.5 (t)0.6 (i)0.6 (o)0.5 (n)0.6 (s)1.2 ( f)0.6 (o)0.6 (r)1.2 ( m)0.6 (a)0.6 (j)0.5 (o)0.6 (r)1.2 ( r)0.6 (i)0.6 (s)0.5 (k)0.6 (s)1.2 (,)1.2 ( )0.5 (a)0.5 (n)0.6 (n)0.5 (u)0.6 (a)0.5 (l)1.2 ( )0.5 (w)0.6 (o)0.5 (r)0.6 (k)1.2 ( )0.5 (r)0.5 (e)0.6 (p)0.5 (o)0.6 (r)0.6 (t)1.2 ( )]TJ 0.028 Tc 0.026 Tw 0 -1.524 TD (on overall risk management and risk assessment report on major decisions\; approval )Tj 0.043 Tc 0.078 Tw 0 -1.524 TD [(of)13.9 ( the)14 ( supervision)14 (,)14 ( appraisal)14 ( and)14 ( audit)14 ( report)13.9 ( of)14 ( the)13.9 ( Company)14 (')14 (s)14 ( risk)14 ( management)13.9 (;)15.2 ( )]TJ 0.03 Tc 0.09 Tw 0 -1.524 TD [(correction)2.3 ( and)2.2 ( treatment)2.2 ( )0.5 (of)2.2 ( risky)2.2 ( decisions)2.2 ( )0.5 (in)2.2 ( violation)2.2 ( )0.5 (of)2.2 ( risk)2.2 ( )0.5 (management)2.2 ( )0.5 (systems)2.2 ( )]TJ 0.04 Tc 0.08 Tw 0 -1.524 TD [(made)12.2 ( )0.5 (by)12.2 ( any)12.2 ( )0.5 (organisations)12.2 ( or)12.2 ( )0.5 (individuals)12.2 (;)12.2 ( and)12.2 ( )0.5 (determination)12.2 ( )0.5 (of)12.2 ( other)12.2 ( )0.5 (major)12.2 ( issues)12.2 ( )]TJ 0.06 Tc 0.078 Tw T* [(in)13.9 ( relation)13.8 ( to)13.9 ( overall)13.8 ( risk)13.8 ( management)13.9 ( of)13.8 ( the)13.8 ( Company)13.8 (.)13.8 ( The)13.8 ( management)13.9 ( of)13.8 ( the)32.2 ( )]TJ ET endstreamendobj1154 0 obj<>endobj1151 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT 1 0.36 0.14 0 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 536.9537 33.8036 Tm (171)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT 0 0 0 1 k /GS1 gs /T1_1 1 Tf 10.5 0 0 10.5 99.2126 617.6484 Tm (Name)Tj 5.939 0 Td (Position)Tj 0 Tw 8.181 4.571 Td (Length of )Tj -0.028 Tw 0.916 -1.524 Td (training )Tj 0 Tw -1.538 -1.524 Td (received in )Tj -0.028 Tw 3.092 -1.524 Td (2018)Tj 0 Tw 4.197 0 Td (Areas covered in the training)Tj /T1_2 1 Tf -0.028 Tw 10.5 0 2.8135 10.5 261.5556 601.6484 Tm (\(hours\) )Tj ET 1 0.36 0.14 0 K /GS0 gs q 1 0 0 1 99.2126 596.8152 cm 0 0 m 56.693 0 l S Q BT /GS1 gs /T1_1 1 Tf 0 Tc 0 Tw 10.5 0 0 10.5 99.2126 597.6487 Tm ( )Tj ET /GS0 gs q 1 0 0 1 155.9055 596.8152 cm 0 0 m 85.039 0 l S Q BT /GS1 gs 10.5 0 0 10.5 161.5748 597.6487 Tm ( )Tj ET /GS0 gs q 1 0 0 1 240.9449 596.8152 cm 0 0 m 62.362 0 l S Q BT /GS1 gs 10.5 0 0 10.5 291.216 597.6487 Tm ( )Tj ET /GS0 gs q 1 0 0 1 303.3071 596.8152 cm 0 0 m 221.102 0 l S Q BT /GS1 gs 10.5 0 0 10.5 308.9763 597.6487 Tm ( )Tj /T1_2 1 Tf 0.028 Tc -0.028 Tw -19.977 -3.048 Td (Luan )Tj 0.81 -1.524 Td (Baoxing)Tj 5.129 1.524 Td (Non-executive )Tj 0.81 -1.524 Td (Director)Tj 10.425 1.524 Td (323)Tj 0.111 Tc 0.078 Tw 3.613 0 Td [(Corporate)13.5 ( governance)13.5 ( and)13.5 ( relevant)83.2 ( )]TJ 0.128 Tc 0.999 -1.524 Td [(regulations)13.7 (,)13.7 ( accounting)13.7 ( policies)13.7 (,)100.2 ( )]TJ 0.147 Tc 0 -1.524 TD [(financial)13.5 ( management)13.5 (,)13.6 ( financial)119.2 ( )]TJ 0.028 Tc 0 Tw T* (analysis, etc.)Tj -0.028 Tw -21.786 -1.524 Td (Yang )Tj 0.81 -1.524 Td (Xiangbin)Tj 5.129 1.524 Td (Non-executive )Tj 0.81 -1.524 Td (Director)Tj 10.425 1.524 Td (318)Tj 0.111 Tc 0.078 Tw 3.613 0 Td [(Corporate)13.5 ( governance)13.5 ( and)13.5 ( relevant)83.2 ( )]TJ 0.055 Tc 0.999 -1.524 Td [(regulations)13.7 (,)13.8 ( capital)13.8 ( operating)13.8 (,)13.8 ( assets)27.2 ( )]TJ 0.028 Tc 0 Tw T* (management, financial research, etc.)Tj -21.786 -1.524 Td (Huang Qun)Tj -0.028 Tw 5.939 0 Td (Executive )Tj 0 Tw 0.81 -1.524 Td (Director and )Tj 0.023 Tc 0 -1.524 TD (Vice President)Tj 0.028 Tc -0.028 Tw 10.425 3.048 Td (312)Tj 0.111 Tc 0.078 Tw 3.613 0 Td [(Corporate)13.5 ( governance)13.5 ( and)13.5 ( relevant)83.2 ( )]TJ 0.154 Tc 0.999 -1.524 Td [(regulations)14 (,)14 ( strategic)14 ( planning)14.1 (,)126.2 ( )]TJ 0.262 Tc T* [(corporate)13.9 ( culture)13.9 (,)13.9 ( industry)234.2 ( )]TJ 0.028 Tc 0 Tw 0 -1.524 TD (technologies, human resources, etc.)Tj -0.028 Tw -21.786 -1.524 Td (Zhang )Tj 0.81 -1.524 Td (Songyi)Tj 5.129 1.524 Td (Independent )Tj 0.025 Tc -0.025 Tw 0.81 -1.524 Td [(Non-executive)-2.8 ( )]TJ 0.028 Tc -0.028 Tw T* (Director)Tj 10.425 3.048 Td (356)Tj 0.111 Tc 0.078 Tw 3.613 0 Td [(Corporate)13.5 ( governance)13.5 ( and)13.5 ( relevant)83.2 ( )]TJ 0.036 Tc 0.084 Tw 0.999 -1.524 Td [(regulations)8.2 (,)8.2 ( )0.5 (finance)8.2 ( )0.5 (and)8.2 ( )0.5 (management)8.2 (,)8.2 ( )]TJ 0.028 Tc 0 Tw T* (legal research, energy business, etc.)Tj -21.786 -1.524 Td (Meng Yan)Tj -0.028 Tw 5.939 0 Td (Independent )Tj 0.025 Tc -0.025 Tw 0.81 -1.524 Td [(Non-executive)-2.8 ( )]TJ 0.028 Tc -0.028 Tw T* (Director)Tj 10.425 3.048 Td (384)Tj 0.111 Tc 0.078 Tw 3.613 0 Td [(Corporate)13.5 ( governance)13.5 ( and)13.5 ( relevant)83.2 ( )]TJ 0.128 Tc 0.999 -1.524 Td [(regulations)13.7 (,)13.7 ( 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The management has prov\ided such )Tj 0.071 Tw T* [(explanation )0.5 (and information )0.5 (to the Board as )0.5 (necessary to enable the )0.5 (Board to make )]TJ 0.041 Tc 0.079 Tw T* [(an)13.2 ( informed)13.3 ( assessment)13.2 ( )0.5 (and)13.2 ( )0.5 (approval)13.2 (,)13.2 ( )0.5 (as)13.2 ( appropriate)13.2 (,)13.2 ( of)13.2 ( )0.5 (the)13.2 ( financial)13.2 ( )0.5 (information)13.1 ( )]TJ 0.028 Tc 0 Tw T* (and position of the Group.)Tj 0.029 Tc 0.091 Tw 0 -3.048 TD [(There)1.2 ( )0.5 (are)1.3 ( no)1.2 ( material)1.2 ( )0.5 (uncertainties)1.3 ( relating)1.2 ( to)1.2 ( )0.5 (events)1.2 ( )0.5 (or)1.2 ( )0.5 (conditions)1.2 ( )0.5 (that)1.2 ( )0.5 (may)1.2 ( )0.5 (have)1.2 ( )0.5 (a)1.2 ( )]TJ 0.028 Tc 0 Tw 0 -1.524 TD (severe impact on the Company\222s ability to continue as a going concern\.)Tj 0.044 Tc 0.078 Tw 0 -3.048 TD [(In)13.5 ( addition)13.6 (,)13.6 ( the)13.6 ( Company)13.6 ( has)13.5 ( arranged)13.6 ( appropriate)13.6 ( insurance)13.6 ( cover)13.5 ( in)13.6 ( respect)13.6 ( of)16.2 ( )]TJ 0.028 Tc 0 Tw 0 -1.524 TD (possible legal actions and liabilities against the Directors.)Tj 0 0 0 0.8 k /GS0 gs /T1_2 1 Tf 11.5 0 0 11.5 70.8661 316.7551 Tm [(4. )-1269.3 (Compliance with the Code for Securities Transactions)]TJ 0 0 0 1 k /GS1 gs /T1_1 1 Tf 0.074 Tw 10.5 0 0 10.5 99.2126 284.7551 Tm (The Company has adopted the Model Code for Securities Transactions by Di\rectors )Tj 0.055 Tc 0.078 Tw T* [(of)14.2 ( Listed)14.2 ( Issuers)14.2 ( \()14.2 (the)14.2 ( )0.5 (\223)14.2 (Model)14.2 ( Code)14.2 (\224)14.1 (\))14.2 ( )0.5 (set)14.2 ( out)14.2 ( in)14.2 ( Appendix)14.2 ( 1)14.2 (0)14.2 ( of)14.2 ( the)14.1 ( )0.5 (Listing)14.2 ( Rules)27.2 ( )]TJ 0.066 Tc T* [(as)14.2 ( the)14.2 ( code)14.2 ( of)14.2 ( conduct)14.1 ( )0.5 (governing)14.2 ( )0.5 (dealings)14.2 ( by)14.2 ( its)14.2 ( )0.5 (Directors)14.2 ( and)14.2 ( supervisors)14.2 ( )0.5 (in)38.2 ( )]TJ 0.042 Tc T* [(the)13.6 ( securities)13.6 ( of)13.6 ( the)13.6 ( Company)13.6 (.)13.7 ( Having)13.7 ( made)13.6 ( specific)13.6 ( enquiry)13.6 ( of)13.6 ( the)13.6 ( Directors)13.6 ( and)14.2 ( )]TJ 0.028 Tc 0.092 Tw T* [(supervisors )0.5 (of )0.5 (the Company, )0.5 (all )0.5 (Directors )0.5 (and supervisors )0.5 (have )0.5 (confirmed )0.5 (that they )]TJ 0.033 Tc 0.087 Tw T* [(ha)0.5 (ve)5.2 ( )0.5 (st)0.5 (ri)0.5 (ct)0.5 (l)0.5 (y)5.2 ( c)0.5 (om)0.5 (pl)0.5 (i)0.5 (ed)5.2 ( )0.5 (wi)0.5 (th)5.2 ( )0.5 (t)0.5 (he)5.2 ( )0.5 (re)0.5 (qu)0.5 (ir)0.5 (ed)5.2 ( )0.5 (s)0.5 (tan)0.5 (da)0.5 (rd)5.3 ( s)0.5 (et)5.2 ( )0.5 (ou)0.5 (t)5.2 ( )0.5 (in)5.2 ( )0.5 (th)0.5 (e)5.2 ( M)0.5 (od)0.5 (el)5.3 ( C)0.5 (od)0.5 (e)5.2 ( )0.5 (du)0.5 (ri)0.5 (ng)5.2 ( )]TJ 0.058 Tc 0.078 Tw T* [(the)13.5 ( reporting)13.5 ( period)13.5 (.)13.5 ( The)13.5 ( Company)13.5 ( has)13.5 ( also)13.5 ( set)13.5 ( up)13.5 ( guidelines)13.5 ( in)13.5 ( respect)13.5 ( of)13.5 ( the)30.2 ( )]TJ 0.028 Tc 0.016 Tw T* [(dealings )0.5 (by )0.5 (its )0.5 (relevant )0.5 (employees )0.5 (\(as )0.5 (defined )0.5 (in )0.6 (the )0.5 (Listing )0.5 (Rules\) )0.5 (in )0.5 (the )0.5 (Company\222s )]TJ 0.03 Tc 0.09 Tw 0 -1.524 TD [(securities)2.2 (,)2.2 ( )0.5 (which)2.2 ( are)2.2 ( )0.5 (no)2.2 ( )0.5 (less)2.2 ( exacting)2.2 ( terms)2.2 ( )0.5 (than)2.2 ( )0.5 (the)2.2 ( )0.5 (Model)2.2 ( Code)2.2 (.)2.2 ( )0.5 (The)2.2 ( Company)2.2 ( is)2.2 ( )]TJ 0.028 Tc 0 Tw 0 -1.524 TD (not aware of any breach of the guidelines by its relevant employees.)Tj 0 Tc 5.5385 0 0 5.5385 70.8661 112.334 Tm (2)Tj 0.028 Tc 0.046 Tw 9.5 0 0 9.5 74.0995 108.534 Tm [( )-2291.5 (As considered and approved at the 2019 first extraordinary general meeti\ng of the Company, )]TJ 0.044 Tc 0.078 Tw 2.643 -1.368 Td [(Mr)14.1 (.)14.2 ( Jia)14.1 ( )0.5 (Yanbing)14.1 ( )0.5 (was)14.2 ( appointed)14.1 ( )0.5 (as)14.2 ( an)14.1 ( )0.5 (executive)14.2 ( Director)14.2 ( and)14.2 ( the)14.2 ( chairman)14.2 ( of)14.1 ( )0.5 (the)14.2 ( strategic)16.2 ( )]TJ 0.028 Tc 0.067 Tw 0 -1.368 TD (committee of the Company on 28 February 2019. Therefore, he did not atte\nd the meeting of )Tj 0 Tw T* (the strategic committee convened in the reporting period. Mr. Li Enyi re\signed as an executive )Tj T* (Director and the chairman of the strategic committee of the Company on 2\ December 2018.)Tj ET endstreamendobj1168 0 obj<>endobj1165 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT 1 0.36 0.14 0 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 37.6388 33.8036 Tm (168)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT 0 0 0 1 k /GS1 gs /T1_1 1 Tf 0.025 Tc 0 Tw 10.5 0 0 10.5 127.5591 672.8911 Tm [(\225)-2.8 ( )-1868.9 (On 12 December 2018, the 2018 first meeting of the nomination committee)-2.8 ( )]TJ 0.038 Tc 0.082 Tw 2.7 -1.524 Td [(of)10.2 ( )0.5 (the)10.2 ( fourth)10.2 ( )0.5 (session)10.2 ( of)10.2 ( )0.5 (the)10.2 ( )0.5 (Board)10.2 ( )0.5 (was)10.2 ( )0.5 (held)10.2 (,)10.2 ( )0.5 (at)10.2 ( )0.5 (which)10.1 ( )0.5 (one)10.2 ( )0.5 (proposal)10.2 ( )0.5 (was)10.2 ( )]TJ 0.028 Tc 0 Tw 0 -1.524 TD (considered and approved.)Tj 0.046 Tc 0.078 Tw -2.7 -3.048 Td [(All)14.2 ( members)14.1 ( )0.5 (of)14.2 ( the)14.1 ( nomination)14.1 ( committee)14.1 (,)14.1 ( )0.5 (being)14.1 ( Mr)14.2 (.)14.1 ( Qiao)14.1 ( Baoping)14.2 (,)14.1 ( )0.5 (Mr)14.2 (.)14.1 ( Han)18.2 ( )]TJ 0.034 Tc 0.086 Tw T* [(Dechang)6.2 ( )0.5 (and)6.2 ( )0.5 (Mr)6.2 (.)6.2 ( )0.5 (Meng)6.2 ( )0.5 (Yan)6.2 ( )0.5 (attended)6.2 ( )0.5 (the)6.2 ( )0.5 (said)6.2 ( )0.5 (meetings)6.2 (,)6.2 ( )0.5 (with)6.2 ( )0.5 (the)6.2 ( )0.5 (attendance)6.2 ( )]TJ 0.028 Tc 0 Tw T* (rate of 100%.)Tj /T1_2 1 Tf -2.7 -3.048 Td [(2.4 )-920.3 (Strategic Committee)]TJ /T1_1 1 Tf 0.07 Tc 0.078 Tw 2.7 -3.048 Td [(The)14 ( strategic)14 ( committee)14 ( consists)14.1 ( of)14 ( four)14.1 ( Directors)14 (:)14 ( Mr)14 (.)14 ( Liu)14 ( Jinhuan)14.1 ( \()14 (non)14 (-)]TJ 0.041 Tc 0.079 Tw 0 -1.524 TD [(executive)13.2 ( )0.5 (Director)13.3 (\))]TJ 0 Tc 0 Tw 6.1215 0 0 6.1215 224.801 501.0911 Tm (1)Tj 0.041 Tc 0.079 Tw 10.5 0 0 10.5 228.3748 496.8911 Tm [(,)13.2 ( )0.5 (Mr)13.2 (.)13.2 ( )0.5 (Jia)13.2 ( Yanbing)13.2 ( \()13.3 (executive)13.2 ( )0.5 (Director)13.2 (\))13.2 (,)13.2 ( )0.5 (Mr)13.2 (.)13.2 ( )0.5 (Yang)13.2 ( )0.5 (Xiangbin)13.2 ( )]TJ 0.067 Tc 0.078 Tw -9.602 -1.524 Td [(\()13.6 (non)13.6 (-)13.6 (executive)13.6 ( Director)13.6 (\))13.6 ( and)13.6 ( Mr)13.6 (.)13.6 ( Huang)13.6 ( Qun)13.6 ( \()13.6 (executive)13.6 ( Director)13.6 (\))13.6 (.)13.6 ( Mr)13.6 (.)13.5 ( Jia)39.2 ( )]TJ 0.028 Tc 0 Tw 0 -1.524 TD (Yanbing is the chairman of the strategic committee.)Tj 0.054 Tc 0.078 Tw 0 -3.048 TD [(The)14.1 ( primary)14.1 ( responsibilities)14.1 ( of)14.1 ( the)14.1 ( strategic)14.2 ( committee)14.2 ( are)14.1 ( to)14.1 ( formulate)14.1 ( the)26.2 ( )]TJ 0.086 Tc 0 -1.524 TD [(Company)14.2 (\222)14.2 (s)14.2 ( )0.5 (overall)14.2 ( )0.5 (development)14.2 ( )0.5 (plans)14.2 ( )0.5 (and)14.2 ( investment)14.2 ( )0.5 (decision)14.2 (-)14.2 (making)58.2 ( )]TJ 0.042 Tc T* [(procedures)13.8 (;)13.7 ( review)13.8 ( the)13.8 ( Company)13.8 (\222)13.8 (s)13.7 ( long)13.7 (-)13.8 (term)13.8 ( development)13.7 ( strategies)13.7 (;)13.8 ( review)14.2 ( )]TJ 0.061 Tc T* [(the)14 ( Company)14 (\222)14.1 (s)14 ( strategic)14.1 ( planning)14.1 ( and)14 ( implementation)14 ( reports)14.1 (;)14 ( and)14 ( review)33.3 ( )]TJ 0.034 Tc 0.086 Tw T* [(significant)6.2 ( capital)6.2 ( )0.5 (expenditure)6.2 (,)6.2 ( investment)6.2 ( )0.5 (and)6.2 ( )0.5 (financing)6.2 ( projects)6.2 ( )0.5 (that)6.2 ( require)6.2 ( )]TJ 0.028 Tc 0 Tw T* (approval of the Board.)Tj 0.086 Tw 0 -3.048 TD (During the reporting period, the strategic committee held one meeting, d\etails )Tj 0 Tw 0 -1.524 TD (of which are as follows:)Tj 0.042 Tc 0.078 Tw 0 -3.048 TD [(\225)14.2 ( )-1773.9 (O)0.6 (n)14.2 ( )0.5 (1)14.2 (2)14.2 ( )0.5 (M)0.5 (a)0.5 (r)0.6 (c)0.5 (h)14.2 ( )0.5 (2)14.2 (0)14.2 (1)14.2 (8)14.2 (,)14.3 ( t)0.6 (h)0.5 (e)14.2 ( )0.5 (2)14.2 (0)14.2 (1)14.2 (8)14.2 ( )0.5 (f)0.5 (i)0.6 (r)0.5 (s)0.6 (t)14.2 ( )0.5 (m)0.5 (e)0.5 (e)0.6 (t)0.5 (i)0.6 (n)0.5 (g)14.2 ( )0.5 (o)0.5 (f)14.3 ( t)0.6 (h)0.5 (e)14.2 ( )0.5 (s)0.5 (t)0.6 (r)0.5 (a)0.5 (t)0.6 (e)0.5 (g)0.6 (i)0.5 (c)14.2 ( )0.5 (c)0.6 (o)0.5 (m)0.5 (m)0.6 (i)0.5 (t)0.6 (t)0.5 (e)0.6 (e)14.2 ( )0.5 (o)0.5 (f)14.2 ( )]TJ 0.055 Tc 2.7 -1.524 Td [(the)14.2 ( )0.5 (third)14.2 ( session)14.2 ( of)14.2 ( )0.5 (the)14.2 ( Board)14.2 ( was)14.2 ( held)14.2 (,)14.2 ( )0.5 (at)14.2 ( )0.5 (which)14.2 ( two)14.2 ( proposals)14.2 ( were)27.2 ( )]TJ 0.028 Tc 0 Tw 0 -1.524 TD (considered and approved.)Tj 0 Tc 5.5385 0 0 5.5385 70.8661 112.334 Tm (1)Tj 0.045 Tc 0.077 Tw 9.5 0 0 9.5 74.0995 108.534 Tm [( )-2243.5 (Mr)14.4 (.)14.3 ( Liu)14.4 ( Jinh)0.5 (uan)14.3 ( wa)0.5 (s)14.3 ( app)0.5 (oin)0.5 (ted)14.3 ( a)0.5 (s)14.3 ( a)14.4 ( non)14.3 (-)14.4 (exec)0.5 (uti)0.5 (ve)14.3 ( Di)0.5 (rect)0.5 (or)14.3 ( an)0.5 (d)14.3 ( a)14.3 ( mem)0.5 (ber)14.3 ( of)14.4 ( t)0.5 (he)14.3 ( st)0.5 (rate)0.5 (gic)17.2 ( )]TJ 0.028 Tc 0.032 Tw 2.643 -1.368 Td (committee of the Company on 25 May 2018 and Mr. Wang Baole resigned as a\ non-executive )Tj 0.078 Tc 0.078 Tw 0 -1.368 TD [(Director)13.5 ( and)13.5 ( a)13.5 ( member)13.5 ( of)13.5 ( the)13.5 ( strategic)13.5 ( committee)13.5 ( of)13.5 ( the)13.4 ( Company)13.5 ( on)13.5 ( the)13.4 ( same)13.5 ( day)13.5 (.)50.2 ( )]TJ 0.028 Tc 0.058 Tw T* (Therefore, Mr. Liu Jinhuan did not attend the meeting of the strategic c\ommittee convened in )Tj 0 Tw T* (the reporting period.)Tj ET endstreamendobj1166 0 obj<>endobj1163 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT 1 0.36 0.14 0 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 536.9537 33.8036 Tm (167)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT 0 0 0 1 k /GS1 gs /T1_1 1 Tf 0.07 Tc 0.078 Tw 10.5 0 0 10.5 127.5591 672.7551 Tm [(In)13.5 ( accordance)13.5 ( with)13.5 ( the)13.5 ( Board)13.5 ( Diversity)13.4 ( Policy)13.4 ( issued)13.5 ( by)13.5 ( the)13.4 ( Company)13.5 ( in)42.2 ( )]TJ 0.051 Tc 0.077 Tw 0 -1.524 TD [(O)0.5 (c)0.5 (t)0.5 (o)0.6 (b)0.5 (e)0.5 (r)14.4 ( 2)14.4 (0)14.4 (1)14.4 (3)14.4 (,)14.4 ( t)0.5 (h)0.5 (e)14.4 ( C)0.5 (o)0.6 (m)0.5 (p)0.5 (a)0.5 (n)0.5 (y)14.4 ( s)0.5 (e)0.5 (e)0.5 (s)14.5 ( i)0.6 (n)0.5 (c)0.5 (r)0.5 (e)0.5 (a)0.5 (s)0.5 (i)0.6 (n)0.5 (g)14.4 ( d)0.5 (i)0.5 (v)0.5 (e)0.5 (r)0.5 (s)0.6 (i)0.5 (t)0.5 (y)14.4 ( a)0.5 (t)14.4 ( t)0.5 (h)0.5 (e)14.4 ( B)0.5 (o)0.5 (a)0.5 (r)0.6 (d)14.4 ( l)0.6 (e)0.5 (v)0.5 (e)0.5 (l)14.4 ( a)0.5 (s)23.2 ( )]TJ 0.05 Tc 0.078 Tw T* [(an)13.8 ( essential)13.8 ( element)13.7 ( in)13.8 ( supporting)13.8 ( the)13.8 ( attainment)13.8 ( of)13.8 ( its)13.8 ( strategic)13.8 ( objectives)22.2 ( )]TJ 0.028 Tc 0.077 Tw T* (and its sustainable development. In designing the Board\222s composition\, Board )Tj 0.052 Tc 0.078 Tw T* [(diversity)13.6 ( has)13.7 ( been)13.7 ( considered)13.7 ( from)13.7 ( a)13.7 ( number)13.7 ( of)13.7 ( aspects)13.7 (,)13.6 ( including)13.7 ( but)13.6 ( not)24.2 ( )]TJ 0.062 Tc 0.077 Tw T* [(l)0.6 (i)0.5 (m)0.6 (i)0.5 (t)0.6 (e)0.5 (d)14.5 ( t)0.5 (o)14.4 ( g)0.6 (e)0.5 (n)0.6 (d)0.5 (e)0.6 (r)14.4 (,)14.5 ( a)0.6 (g)0.5 (e)14.5 (,)14.4 ( c)0.6 (u)0.5 (l)0.6 (t)0.5 (u)0.6 (r)0.5 (a)0.5 (l)14.5 ( a)0.6 (n)0.5 (d)14.4 ( e)0.6 (d)0.5 (u)0.6 (c)0.5 (a)0.6 (t)0.5 (i)0.6 (o)0.5 (n)0.5 (a)0.6 (l)14.4 ( b)0.6 (a)0.5 (c)0.6 (k)0.5 (g)0.6 (r)0.5 (o)0.6 (u)0.5 (n)0.5 (d)14.5 (,)14.4 ( p)0.6 (r)0.5 (o)0.6 (f)0.5 (e)0.6 (s)0.5 (s)0.5 (i)0.6 (o)0.5 (n)0.6 (a)0.5 (l)34.2 ( )]TJ 0.028 Tc 0.078 Tw T* (experience, skills, knowledge and length of service. All Board nominatio\ns will )Tj 0.059 Tw T* [(be )0.5 (based on )0.5 (meritocracy, )0.5 (and candidates )0.5 (will be )0.5 (considered )0.5 (against objective )]TJ 0.074 Tw T* (criteria, having due regard for the benefits of diversity on the Board. \Selection )Tj 0.038 Tc 0.082 Tw T* [(of)10.2 ( candidates)10.2 ( will)10.2 ( )0.5 (be)10.2 ( based)10.2 ( )0.5 (on)10.2 ( )0.5 (a)10.2 ( range)10.2 ( )0.5 (of)10.2 ( )0.5 (diversity)10.2 ( )0.5 (factors)10.2 (,)10.2 ( )0.5 (including)10.2 ( )0.5 (but)10.2 ( not)10.2 ( )]TJ 0.062 Tc 0.077 Tw T* [(l)0.6 (i)0.5 (m)0.6 (i)0.5 (t)0.6 (e)0.5 (d)14.5 ( t)0.5 (o)14.4 ( g)0.6 (e)0.5 (n)0.6 (d)0.5 (e)0.6 (r)14.4 (,)14.5 ( a)0.6 (g)0.5 (e)14.5 (,)14.4 ( c)0.6 (u)0.5 (l)0.6 (t)0.5 (u)0.6 (r)0.5 (a)0.5 (l)14.5 ( a)0.6 (n)0.5 (d)14.4 ( e)0.6 (d)0.5 (u)0.6 (c)0.5 (a)0.6 (t)0.5 (i)0.6 (o)0.5 (n)0.5 (a)0.6 (l)14.4 ( b)0.6 (a)0.5 (c)0.6 (k)0.5 (g)0.6 (r)0.5 (o)0.6 (u)0.5 (n)0.5 (d)14.5 (,)14.4 ( p)0.6 (r)0.5 (o)0.6 (f)0.5 (e)0.6 (s)0.5 (s)0.5 (i)0.6 (o)0.5 (n)0.6 (a)0.5 (l)34.2 ( )]TJ 0.03 Tc 0.09 Tw T* [(experience)2.2 (,)2.3 ( skills)2.2 (,)2.2 ( knowledge)2.2 ( and)2.3 ( length)2.2 ( )0.5 (of)2.2 ( service)2.2 (.)2.2 ( )0.5 (The)2.2 ( ultimate)2.2 ( decision)2.2 ( will)2.2 ( )]TJ 0.056 Tc 0.078 Tw T* [(be)14 ( based)14 ( on)14 ( merit)14 ( and)14.1 ( contribution)14.1 ( that)14.1 ( the)14 ( selected)14 ( candidates)14.1 ( will)14 ( bring)28.2 ( )]TJ 0.051 Tc T* [(to)14 ( the)14 ( Board)14 (.)14 ( The)14 ( nomination)14 ( committee)14 ( shall)14 ( supervise)14 ( the)14 ( implementation)23.2 ( )]TJ 0.078 Tc T* [(of)13.8 ( the)13.7 ( Board)13.8 ( Diversity)13.7 ( Policy)13.7 ( and)13.8 ( review)13.8 ( the)13.8 ( policy)13.8 ( when)13.8 ( appropriate)13.7 ( to)50.2 ( )]TJ 0.055 Tc T* [(ensure)13.8 ( its)13.8 ( effectiveness)13.7 (.)13.8 ( Meanwhile)13.8 (,)13.8 ( the)13.8 ( nomination)13.8 ( committee)13.8 ( will)13.8 ( discuss)27.2 ( )]TJ 0.043 Tc T* [(any)13.6 ( amendments)13.6 ( to)13.5 ( the)13.6 ( Board)13.6 ( Diversity)13.6 ( 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of)13.7 ( external)13.7 ( auditors)13.7 ( and)13.6 ( effectiveness)13.7 ( of)13.7 ( audit)16.2 ( )]TJ 0.054 Tc T* [(process)13.4 (;)13.5 ( formulate)13.5 ( and)13.4 ( implement)13.5 ( policies)13.5 ( in)13.4 ( relation)13.4 ( to)13.5 ( non)13.5 (-)13.4 (audit)13.5 ( services)26.2 ( )]TJ 0.083 Tc T* [(provided)14 ( by)14.1 ( external)14 ( auditors)14.1 (;)14 ( oversee)14.1 ( the)14 ( quality)14.1 ( of)14.1 ( internal)14.1 ( audit)14.1 ( and)55.2 ( )]TJ 0.035 Tc 0.085 Tw T* [(disclosure)7.3 ( of)7.2 ( )0.5 (financial)7.3 ( information)7.2 ( of)7.2 ( )0.5 (the)7.3 ( Company)7.2 (;)7.2 ( )0.5 (review)7.3 ( interim)7.3 ( and)7.2 ( )0.5 (annual)7.2 ( )]TJ 0.041 Tc 0.079 Tw T* [(financial)13.2 ( )0.5 (statements)13.2 ( )0.5 (before)13.2 ( )0.5 (submission)13.2 ( to)13.2 ( )0.5 (the)13.2 ( )0.5 (Board)13.2 (;)13.2 ( review)13.2 ( )0.5 (and)13.2 ( )0.5 (oversee)13.2 ( )0.5 (the)13.2 ( )]TJ 0.043 Tc 0.078 Tw T* [(financial)14 ( reporting)14 ( system)13.9 (,)14 ( risk)14 ( management)14 ( and)14 ( internal)14 ( control)14 ( procedures)15.2 ( )]TJ 0.054 Tc T* [(of)13.6 ( the)13.6 ( Company)13.6 ( and)13.6 ( the)13.6 ( effectiveness)13.6 ( of)13.6 ( the)13.6 ( procedures)13.6 ( in)13.6 ( complying)13.6 ( with)26.2 ( )]TJ 0.028 Tc 0.03 Tw T* (relevant regulations under the Listing Rules; review material faults or \defects \(if )Tj T* (any\) and the impact that has and may incur thereby; evaluate the effect\iveness )Tj 0.071 Tc 0.078 Tw T* [(of)14.3 ( )0.5 (the)14.3 ( )0.5 (internal)14.3 ( )0.5 (contr)0.5 (ol)14.3 ( )0.6 (and)14.2 ( )0.6 (risk)14.3 ( )0.5 (management)14.3 ( )0.6 (system)14.3 (;)14.3 ( )0.5 (ensure)14.3 ( )0.6 (coordination)43.2 ( )]TJ 0.043 Tc 0 -1.524 TD [(between)13.5 ( the)13.5 ( internal)13.5 ( and)13.5 ( external)13.5 ( auditors)13.5 ( and)13.5 ( ensure)13.5 ( that)13.5 ( the)13.5 ( internal)13.5 ( audit)15.2 ( )]TJ 0.028 Tc 0.035 Tw 0 -1.524 TD (function is operating with adequate resources in the Company and the rel\evant )Tj ET endstreamendobj1176 0 obj<>endobj1173 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT 1 0.36 0.14 0 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 37.6388 33.8036 Tm (162)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT 0 0 0 1 k /GS1 gs /T1_1 1 Tf 0.045 Tc 0.078 Tw 10.5 0 0 10.5 127.5591 672.7551 Tm [(Mr)13.8 (.)13.9 ( Qiao)13.8 ( Baoping)13.8 (,)13.8 ( the)13.8 ( Chairman)13.8 ( of)13.8 ( the)13.8 ( Board)13.8 (,)13.9 ( is)13.8 ( responsible)13.8 ( for)13.9 ( leading)13.8 ( the)17.2 ( )]TJ 0.064 Tc 0 -1.524 TD [(Board)13.6 ( in)13.6 ( determining)13.6 ( the)13.6 ( overall)13.7 ( development)13.6 ( strategies)13.6 ( of)13.6 ( the)13.6 ( Company)13.6 (,)36.2 ( )]TJ 0.065 Tc T* [(ensuring)13.8 ( that)13.8 ( the)13.9 ( Board)13.8 ( is)13.8 ( functioning)13.9 ( effectively)13.8 ( in)13.9 ( performing)13.9 ( its)13.8 ( duties)13.8 (,)37.2 ( )]TJ 0.048 Tc T* [(discussing)13.8 ( significant)13.8 ( and)13.8 ( appropriate)13.8 ( matters)13.8 ( in)13.8 ( a)13.9 ( timely)13.8 ( manner)13.8 (,)13.9 ( ensuring)20.3 ( )]TJ 0.077 Tw T* [(t)0.5 (h)0.5 (e)14.4 ( f)0.6 (or)0.5 (m)0.5 (u)0.5 (l)0.6 (a)0.5 (t)0.5 (i)0.5 (o)0.5 (n)14.4 ( o)0.5 (f)14.4 ( g)0.5 (o)0.5 (o)0.5 (d)14.4 ( c)0.5 (o)0.5 (r)0.5 (p)0.5 (o)0.5 (r)0.5 (a)0.5 (t)0.5 (e)14.4 ( g)0.5 (o)0.5 (v)0.5 (e)0.5 (r)0.5 (n)0.5 (a)0.5 (n)0.5 (c)0.5 (e)14.4 ( p)0.5 (r)0.5 (a)0.5 (c)0.5 (t)0.5 (i)0.5 (c)0.5 (e)0.5 (s)14.4 ( a)0.5 (n)0.5 (d)14.4 ( p)0.5 (r)0.5 (o)0.5 (c)0.5 (e)0.5 (d)0.5 (u)0.5 (r)0.5 (e)0.5 (s)14.4 ( b)0.5 (y)20.2 ( )]TJ 0.059 Tc 0.078 Tw T* [(the)14.2 ( )0.5 (Company)14.2 ( and)14.2 ( )0.5 (ensuring)14.3 ( that)14.2 ( the)14.2 ( Board)14.2 ( )0.5 (acts)14.2 ( )0.5 (in)14.2 ( )0.5 (the)14.2 ( )0.5 (best)14.2 ( )0.5 (interests)14.2 ( )0.5 (of)14.2 ( )0.5 (the)31.2 ( )]TJ 0.038 Tc 0.082 Tw T* [(Company)10.2 ( )0.5 (and)10.3 ( its)10.2 ( Shareholders)10.2 ( )0.5 (as)10.2 ( a)10.2 ( )0.5 (whole)10.2 (.)10.2 ( )0.5 (Mr)10.2 (.)10.2 ( Jia)10.2 ( Yanbing)10.2 (,)10.2 ( the)10.2 ( )0.5 (President)10.2 (,)10.2 ( is)10.2 ( )]TJ 0.031 Tc 0.089 Tw T* [(mainly)3.2 ( )0.5 (responsible)3.2 ( for)3.2 ( )0.5 (the)3.2 ( )0.5 (Company)3.2 (\222)3.3 (s)3.2 ( )0.5 (day)3.2 (-)3.2 (to)3.2 (-)3.2 (day)3.2 ( )0.5 (operation)3.2 ( and)3.2 ( )0.5 (management)3.2 (,)3.2 ( )]TJ 0.038 Tc 0.082 Tw T* [(including)10.2 ( organising)10.2 ( )0.5 (the)10.2 ( )0.5 (implementation)10.1 ( )0.5 (of)10.2 ( )0.5 (Board)10.2 ( )0.5 (resolutions)10.2 (,)10.2 ( )0.5 (making)10.2 ( day)10.2 (-)10.2 (to)10.2 (-)]TJ 0.028 Tc 0 Tw T* (day decisions, etc.)Tj /T1_2 1 Tf -2.7 -3.048 Td [(1.5 )-920.3 (Appointment and Re-election of Directors)]TJ /T1_1 1 Tf 0.048 Tc 0.078 Tw 2.7 -3.048 Td [(Pursuant)13.9 ( to)13.9 ( the)14 ( Articles)14 ( of)13.9 ( Association)14 (,)13.9 ( the)13.9 ( Directors)13.9 ( shall)14 ( be)14 ( elected)13.9 ( at)14 ( the)20.2 ( )]TJ 0.046 Tc T* [(Shareholders)14.2 (\222)14.2 ( meetings)14.1 ( )0.5 (with)14.1 ( )0.5 (a)14.1 ( term)14.2 ( of)14.2 ( office)14.2 ( of)14.1 ( )0.5 (three)14.2 ( years)14.1 (,)14.2 ( renewable)14.1 ( )0.5 (upon)18.2 ( )]TJ 0.067 Tc T* [(re)13.7 (-)13.7 (election)13.7 (.)13.7 ( The)13.7 ( Company)13.7 ( has)13.6 ( implemented)13.7 ( a)13.7 ( set)13.7 ( of)13.7 ( effective)13.7 ( procedures)39.2 ( )]TJ 0.049 Tc 0.077 Tw T* [(for)14.3 ( )-0.6 (appointment)14.2 ( of)14.2 ( new)14.3 ( )-0.6 (Directors)14.2 (.)14.2 ( Nomination)14.2 ( )-0.6 (of)14.2 ( )-0.6 (new)14.2 ( Directors)14.3 ( )-0.6 (shall)14.2 ( be)14.2 ( first)21.2 ( )]TJ 0.028 Tc 0.081 Tw 0 -1.524 TD [(considered )0.6 (by )0.5 (the )0.6 (nomination )0.5 (committee )0.5 (whose )0.5 (recommendations )0.5 (will )0.5 (then )0.6 (be )]TJ 0.036 Tc 0.084 Tw 0 -1.524 TD [(put)8.2 ( )0.5 (forward)8.2 ( )0.5 (to)8.2 ( the)8.2 ( )0.5 (Board)8.2 ( for)8.1 ( )0.5 (consideration)8.3 (.)8.1 ( )0.5 (All)8.2 ( )0.5 (newly)8.2 ( )0.5 (nominated)8.2 ( )0.5 (Directors)8.2 ( )0.5 (are)8.2 ( )]TJ 0.028 Tc 0 Tw T* (subject to election and approval at general meetings.)Tj 0.051 Tc 0.078 Tw 0 -3.048 TD [(The)13.7 ( Company)13.7 ( has)13.6 ( entered)13.7 ( into)13.7 ( service)13.7 ( contracts)13.6 ( with)13.7 ( each)13.7 ( of)13.7 ( the)13.6 ( Directors)23.2 ( )]TJ 0.062 Tc 0 -1.524 TD [(\()13.5 (including)13.5 ( non)13.5 (-)13.5 (executive)13.5 ( Directors)13.5 (\))13.5 (.)13.5 ( Such)13.5 ( service)13.5 ( contracts)13.5 ( are)13.4 ( for)13.5 ( a)13.6 ( term)34.2 ( )]TJ 0.028 Tc 0.081 Tw T* (commencing from the date of appointment to the expiry of the current ses\sion )Tj 0 Tw T* (of the Board.)Tj /T1_2 1 Tf -2.7 -3.048 Td [(1.6 )-920.3 (Directors\222 Remuneration)]TJ /T1_1 1 Tf 0.067 Tc 0.078 Tw 2.7 -3.048 Td [(The)14.2 ( )0.5 (remuneration)14.2 ( )0.5 (and)14.2 ( )0.5 (assessment)14.2 ( )0.5 (committee)14.2 ( makes)14.2 ( )0.5 (recommendations)14.2 ( in)39.2 ( )]TJ 0.046 Tc T* [(respect)14 ( of)14 ( Directors)14 (\222)14 ( remuneration)14 ( according)14 ( to)14 ( criteria)14 ( such)14 ( as)13.9 ( educational)18.3 ( )]TJ 0.048 Tc T* [(background)13.8 ( and)13.8 ( work)13.8 ( experience)13.8 (.)13.9 ( Directors)13.8 (\222)13.8 ( remuneration)13.8 ( is)13.8 ( determined)13.8 ( by)20.2 ( )]TJ 0.028 Tc 0.076 Tw T* (the Board, subject to approval at general meeting, with reference to Dir\ectors\222 )Tj 0 Tw 0 -1.524 TD (experience, work performance, positions and market conditions.)Tj ET endstreamendobj1174 0 obj<>endobj1171 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT 1 0.36 0.14 0 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 536.9537 33.8036 Tm (161)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT 0 0 0 1 k /GS1 gs /T1_1 1 Tf 0.01 Tw 10.5 0 0 10.5 127.5591 672.7551 Tm (The details regarding Board meetings convened in the reporting period an\d the )Tj 0.04 Tw 0 -1.524 TD (attendance of Directors at such meetings are set out in the Directors\222\ Report in )Tj 0 Tw T* (this annual report.)Tj /T1_2 1 Tf -2.7 -3.048 Td [(1.3 )-920.3 (Powers Exercised by the Board and the Management)]TJ /T1_1 1 Tf 0.075 Tc 0.078 Tw 2.7 -3.048 Td [(The)13.7 ( powers)13.6 ( and)13.6 ( duties)13.6 ( of)13.7 ( the)13.6 ( Board)13.6 ( and)13.6 ( the)13.7 ( management)13.6 ( are)13.7 ( expressly)47.2 ( )]TJ 0.028 Tc 0.04 Tw T* (stipulated in the Articles of Association, which aims to provide adequat\e check )Tj 0 Tw T* (and balance mechanism for good corporate governance and internal control\.)Tj 0.086 Tc 0.078 Tw 0 -3.048 TD [(The)13.9 ( Board)14 ( is)13.9 ( responsible)13.9 ( for)13.9 ( deciding)14 ( on)13.9 ( the)13.9 ( Company)14 (\222)13.9 (s)13.9 ( business)13.9 ( and)58.2 ( )]TJ 0.055 Tc 0 -1.524 TD [(investment)13.7 ( plans)13.8 (,)13.7 ( deciding)13.7 ( on)13.7 ( the)13.7 ( establishment)13.8 ( of)13.7 ( the)13.7 ( Company)13.7 (\222)13.8 (s)13.7 ( internal)27.2 ( )]TJ 0.035 Tc 0.085 Tw T* [(management)7.2 ( )0.5 (structure)7.2 (,)7.2 ( )0.5 (formulating)7.3 ( the)7.2 ( Company)7.2 (\222)7.2 (s)7.2 ( )0.5 (basic)7.2 ( )0.5 (administration)7.2 ( rules)7.2 (,)7.2 ( )]TJ 0.028 Tc 0.019 Tw T* (determining other material business and administrative matters of the 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Measures)13.9 ( for)13.9 ( Management)14 ( and)14 ( Handling)13.9 ( of)32.2 ( )]TJ 0.042 Tc 0 -1.524 TD [(Petition)14.2 ( )0.5 (and)14.3 ( Whistle)14.2 (-)14.3 (bl)0.5 (owi)0.5 (ng)14.2 ( Matters)14.2 ( )0.5 (and)14.2 ( )0.5 (Clues)14.2 ( i)0.5 (n)14.2 ( respect)14.2 ( )0.5 (of)14.2 ( D)0.5 (isci)0.5 (pline)14.2 ( )0.5 (Inspection)14.2 ( )]TJ 0.047 Tc 0 -1.524 TD [(and)13.8 ( Supervision)13.8 ( of)13.8 ( Longyuan)13.8 ( Power)13.8 ( \()13.8 (Trial)13.8 (\))13.8 ( \()]TJ /C0_0 1 Tf 0.033 Tc -0.033 Tw 21.93 0 Td <13B20E550F65026207CF13E810390FC006A60B9E14580C1C05710A2A155A11DE0970104D>Tj 0.031 Tc -0.031 Tw -21.93 -1.524 Td [<0B230B880EC4136C062C>502.2 <0080>103.8 <0F0A0411>]TJ /T1_2 1 Tf 0.045 Tc 0.078 Tw [(\))13.8 (\))13.8 (.)13.8 ( Staff)13.8 ( suspected)13.9 ( of)13.8 ( violation)13.8 ( or)13.9 ( criminal)13.8 ( offence)13.8 ( will)13.8 ( be)13.8 ( promptly)17.2 ( )]TJ 0.054 Tc T* [(reported)13.5 ( to)13.5 ( the)13.6 ( Discipline)13.6 ( Inspection)13.5 ( Group)13.6 ( at)13.5 ( higher)13.5 ( level)13.5 (,)13.6 ( the)13.5 ( Party)13.5 ( Committee)26.2 ( )]TJ 0.055 Tc T* [(and)14 ( Discipline)13.9 ( Inspection)13.9 ( Committee)14 ( of)13.9 ( the)13.9 ( Group)13.9 ( after)13.9 ( being)14 ( identified)13.9 ( through)27.2 ( )]TJ 0.04 Tc 0.08 Tw T* [(inv)0.5 (estig)0.5 (atio)0.5 (n)12.2 (,)12.2 ( an)0.5 (d)12.2 ( wi)0.5 (ll)12.2 ( )0.5 (be)12.2 ( h)0.5 (anded)12.2 ( )0.5 (ove)0.5 (r)12.1 ( )0.5 (to)12.2 ( )0.5 (the)12.2 ( )0.5 (loca)0.5 (l)12.2 ( ju)0.5 (dici)0.5 (al)12.2 ( a)0.5 (uthor)0.5 (ity)12.2 ( )0.5 (in)12.2 ( )0.5 (accor)0.5 (dance)12.2 ( )]TJ 0.028 Tc 0 Tw T* (with the established procedures of the Company.)Tj 0.053 Tw 0 -3.048 TD (The Group prepares and distributes the Annual Work Plan on Integrity Edu\cation )Tj /C0_0 1 Tf -0.076 Tc 0.076 Tw 38.571 0 Td <008003CB>Tj 0.028 Tc -0.028 Tw -38.571 -1.524 Td [<07130E01118E0ABA05030288042A02D908E9>104.2 <0081>]TJ /T1_2 1 Tf 0.06 Tw 9.672 0 Td ( and organises group-wide cautionary and educational activities )Tj 0.062 Tc 0.078 Tw -9.672 -1.524 Td [(on)14.2 ( )0.5 (integrity)14.3 ( )0.5 (by)14.2 ( )0.6 (invoking)14.2 ( )0.5 (typical)14.2 ( )0.6 (cases)14.3 (.)14.3 ( )0.5 (Cautionary)14.2 ( )0.6 (and)14.3 ( )0.5 (educational)14.3 ( )0.5 (seminars)14.2 ( )0.6 (on)34.2 ( )]TJ 0.045 Tc 0 -1.524 TD [(observance)13.8 ( of)13.8 ( regulations)13.8 ( and)13.8 ( disciplines)13.8 ( are)13.8 ( organised)13.8 ( regularly)13.8 ( to)13.8 ( enhance)13.8 ( the)17.2 ( )]TJ 0.043 Tc T* [(integrity)14 ( awareness)13.9 ( of)14 ( our)13.9 ( staff)14 (.)13.9 ( Under)13.9 ( the)13.9 ( principle)13.9 ( of)13.9 ( \223)14 (keeping)14 ( an)13.9 ( eye)13.9 ( on)13.9 ( critical)15.2 ( )]TJ 0.028 Tc 0.026 Tw T* (minorities\224, the Group regularly makes integrity conversations with p\ersons in charge )Tj 0.033 Tc 0.087 Tw T* [(of)5.2 ( )0.5 (critical)5.2 ( )0.5 (work)5.2 ( )0.5 (and)5.2 ( positions)5.3 ( in)5.2 ( )0.5 (order)5.2 ( )0.5 (to)5.2 ( )0.5 (achieve)5.2 ( )0.5 (proactive)5.3 ( supervision)5.2 (.)5.2 ( )0.5 (In)5.2 ( )0.5 (addition)5.2 (,)5.2 ( )]TJ 0.048 Tc 0.078 Tw T* [(the)14.1 ( Group)14.1 ( prepares)14.1 ( the)14.1 ( Annual)14.1 ( Work)14.1 ( Plan)14.1 ( on)14.1 ( Supervision)14.1 ( and)14.1 ( Inspection)14.1 (,)14.1 ( carries)20.2 ( )]TJ 0.03 Tc 0.09 Tw T* [(out)2.2 ( )0.5 (special)2.2 ( )0.5 (inspections)2.2 ( )0.5 (and)2.2 ( )0.5 (reinforces)2.2 ( )0.5 (its)2.2 ( )0.5 (efforts)2.2 ( )0.5 (on)2.2 ( )0.5 (preventing)2.2 ( )0.5 (integrity)2.2 ( )0.5 (risks)2.2 ( )0.5 (in)2.2 ( key)2.2 ( )]TJ 0.039 Tc 0.081 Tw T* [(fields)11.2 (.)11.2 ( )0.5 (In)11.2 ( December)11.2 ( 2)11.2 (0)11.2 (1)11.2 (8)11.2 (,)11.2 ( )0.5 (Mr)11.2 (.)11.2 ( )0.5 (Li)11.2 ( Enyi)11.3 (,)11.1 ( )0.5 (a)11.2 ( )0.5 (former)11.2 ( executive)11.2 ( )0.5 (Director)11.2 ( )0.5 (and)11.2 ( the)11.2 ( )0.5 (general)11.2 ( )]TJ 0.033 Tc 0.087 Tw T* [(man)0.5 (ager)5.2 ( )0.5 (of)5.2 ( )0.5 (the)5.2 ( )0.5 (Grou)0.5 (p)5.2 ( w)0.5 (as)5.2 ( d)0.5 (etain)0.5 (ed)5.2 ( b)0.5 (y)5.2 ( )0.5 (the)5.2 ( )0.5 (superv)0.5 (isory)5.2 ( )0.5 (aut)0.5 (hority)5.3 ( for)5.2 ( )0.5 (i)0.5 (nvolve)0.5 (ment)5.2 ( )0.5 (in)5.2 ( )]TJ 0.028 Tc 0.056 Tw T* (grave duty-related crime. As of 31 December 2018, the Group was not awar\e of any )Tj 0 Tw T* (other information in relation to his detention.)Tj ET endstreamendobj1339 0 obj<>endobj1336 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT 1 0.36 0.14 0 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 37.6388 33.8036 Tm (142)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT 0 0 0 0.8 k /T1_1 1 Tf 0 Tw 11.5 0 0 11.5 99.2126 672.0581 Tm [(5.2 )-685.5 (Compliance Management)]TJ 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.043 Tc 0.078 Tw 10.5 0 0 10.5 127.5591 640.0581 Tm [(On)14.3 ( )0.5 (1)14.3 ( )0.5 (January)14.3 ( )0.5 (2)14.3 (0)14.2 (1)14.3 (8)14.3 (,)14.3 ( )0.5 (the)14.3 ( )0.5 (Chinese)14.2 ( )0.6 (government)14.3 ( )0.5 (promulgated)14.3 ( )0.6 (the)14.3 ( )0.5 (Environmental)15.2 ( )]TJ 0.047 Tc 0 -1.524 TD [(Protection)13.7 ( Tax)13.7 ( Law)13.7 ( )]TJ /C0_0 1 Tf 0.033 Tc -0.033 Tw 9.486 0 Td [<0090>63.7 <14110FA406AD16900CFC062C>63.6 <0091>]TJ /T1_2 1 Tf 0.047 Tc 0.078 Tw 7.753 0 Td [( to)13.6 ( reinforce)13.7 ( pollution)13.7 ( control)13.7 ( and)13.7 ( protect)19.2 ( )]TJ 0.081 Tc -17.239 -1.524 Td [(the)14 ( environment)13.9 (.)14 ( The)14 ( Environmental)14 ( Protection)14 ( Tax)13.9 ( Law)14 ( effectuated)14 ( the)53.2 ( )]TJ 0.029 Tc 0.091 Tw T* [(\223)1.2 (transformation)1.2 ( of)1.2 ( )0.5 (pollution)1.2 ( )0.5 (discharge)1.2 ( )0.5 (fees)1.2 ( into)1.2 ( )0.5 (taxes)1.2 (\224)1.3 (,)1.2 ( which)1.2 ( )0.5 (means)1.2 ( )0.5 (to)1.2 ( )0.5 (collect)1.2 ( )]TJ 0.061 Tc 0.078 Tw T* [(environmental)14.1 ( protection)14.1 ( taxes)14.1 ( instead)14 ( of)14.1 ( pollution)14.1 ( discharge)14 ( fees)14.1 (.)14 ( As)14.1 ( the)33.2 ( )]TJ 0.064 Tc T* [(collection)13.4 ( standards)13.5 ( thereunder)13.4 ( varied)13.4 ( from)13.4 ( the)13.4 ( previous)13.5 ( rates)13.4 (,)13.5 ( coal)13.5 (-)13.4 (fired)36.2 ( )]TJ 0.028 Tc 0.038 Tw T* (power enterprises of the Group were affected to some extent, but there w\as no )Tj 0 Tw T* (material impact on the Group on the whole.)Tj 0.087 Tw 0 -3.048 TD (On 1 January 2018, the General Office of the CPC Central Committee and t\he )Tj 0.055 Tc 0.078 Tw 0 -1.524 TD [(General)13.9 ( Office)14 ( of)13.9 ( the)13.9 ( State)14 ( Council)13.9 ( promulgated)13.9 ( the)13.9 ( Plan)13.9 ( on)13.9 ( Reform)13.9 ( of)14 ( the)27.2 ( )]TJ 0.048 Tc 0 -1.524 TD [(Ecological)14.1 ( Environment)14.1 ( Damage)14.1 ( Compensation)14 ( System)14.1 ( )]TJ /C0_0 1 Tf 0.034 Tc -0.034 Tw 27.554 0 Td [<0090>64.1 <035B0FD214110FA40E260894122613B50553>]TJ 0.042 Tc -0.042 Tw -27.554 -1.524 Td [<071304B7082702D908E9>64.3 <0091>]TJ /T1_2 1 Tf 0.056 Tc 0.077 Tw 5.8 0 Td [(,)14.3 ( w)0.5 (hi)0.5 (ch)14.4 ( spe)0.5 (ci)0.5 (fie)0.5 (d)14.3 ( t)0.5 (he)14.3 ( c)0.5 (om)0.5 (pen)0.5 (sa)0.5 (ti)0.5 (on)14.3 ( s)0.5 (cop)0.5 (e)14.3 (,)14.4 ( t)0.5 (he)14.4 ( l)0.5 (i)0.5 (abi)0.5 (l)0.5 (ity)14.4 ( sub)0.5 (je)0.5 (ct)14.4 (,)28.1 ( )]TJ 0.028 Tc 0.07 Tw -5.8 -1.524 Td [(the )0.6 (claimant )0.5 (and )0.6 (compensation )0.6 (solutions )0.5 (for )0.6 (ecological )0.6 (environment )0.6 (damages, )]TJ 0.069 Tc 0.078 Tw 0 -1.524 TD [(and)13.9 ( established)13.9 ( corresponding)13.9 ( verification)13.9 (,)13.9 ( evaluation)13.9 (,)13.9 ( management)13.9 ( and)41.3 ( )]TJ 0.038 Tc 0.082 Tw T* [(t)0.5 (e)0.6 (c)0.5 (h)0.6 (n)0.5 (o)0.6 (l)0.5 (o)0.6 (g)0.5 (i)0.6 (c)0.5 (a)0.6 (l)10.2 ( )0.5 (s)0.5 (y)0.5 (s)0.6 (t)0.5 (e)0.6 (m)0.6 (s)10.1 ( )0.5 (a)0.5 (s)10.2 ( )0.5 (w)0.6 (e)0.5 (l)0.6 (l)10.2 ( a)0.6 (s)10.2 ( t)0.6 (h)0.5 (e)10.2 ( )0.5 (f)0.5 (u)0.6 (n)0.5 (d)0.6 (i)0.5 (n)0.6 (g)10.2 ( a)0.6 (n)0.5 (d)10.2 ( )0.5 (o)0.5 (p)0.6 (e)0.5 (r)0.6 (a)0.5 (t)0.6 (i)0.5 (o)0.6 (n)10.2 ( m)0.6 (e)0.5 (c)0.6 (h)0.5 (a)0.6 (n)0.5 (i)0.6 (s)0.5 (m)10.2 (,)10.2 ( )0.5 (t)0.5 (h)0.6 (u)0.5 (s)10.2 ( )]TJ 0.04 Tc 0.08 Tw T* [(s)0.5 (et)0.5 (ti)0.5 (n)0.5 (g)12.2 ( u)0.5 (p)12.2 ( )0.5 (th)0.5 (e)12.2 ( e)0.5 (c)0.5 (ol)0.5 (o)0.5 (gi)0.5 (c)0.5 (al)12.2 ( )0.5 (e)0.5 (nv)0.5 (i)0.5 (ro)0.5 (n)0.5 (me)0.5 (nt)12.2 ( )0.5 (d)0.5 (am)0.5 (a)0.5 (ge)12.2 ( )0.5 (re)0.5 (s)0.5 (to)0.5 (r)0.5 (at)0.5 (i)0.5 (on)12.2 ( )0.5 (an)0.5 (d)12.2 ( c)0.5 (o)0.5 (mp)0.5 (e)0.5 (ns)0.5 (a)0.5 (ti)0.5 (o)0.5 (n)12.1 ( )]TJ 0.033 Tc 0.087 Tw T* [(systems)5.1 ( )0.5 (in)5.2 ( a)5.3 ( stepwise)5.2 ( )0.5 (manner)5.2 (.)5.2 ( )0.5 (In)5.2 ( )0.5 (2)5.2 (0)5.2 (1)5.2 (8)5.2 (,)5.2 ( )0.5 (the)5.2 ( Group)5.2 ( intensified)5.2 ( )0.5 (management)5.2 ( )0.5 (of)5.2 ( )]TJ 0.028 Tc 0.09 Tw T* [(the )0.5 (constructing )0.5 (process, )0.5 (compiled )0.5 (and )0.5 (issued )0.6 (the )0.5 (Guidance )0.5 (on )0.5 (Conservation )]TJ 0.069 Tc 0.078 Tw T* [(of)13.5 ( Water)13.5 ( and)13.5 ( Soil)13.5 ( In)13.5 ( Wind)13.6 ( Power)13.6 ( Projects)13.5 ( )]TJ /C0_0 1 Tf 0.056 Tc -0.056 Tw 21.477 0 Td [<0090>64.5 <082C>0.5 <0F65>0.5 <0DB0>0.6 <0366>0.5 <02E5>0.5 <027A>0.5 <06AD>0.5 <0735>0.5 <0288>0.5 <042A>0.6 <0738>0.5 <12AC>0.5 <0E08>0.5 <0508>64.5 <0091>]TJ /T1_2 1 Tf 0 Tc 0 Tw 16.346 0 Td ( )Tj 0.047 Tc 0.077 Tw -37.823 -1.524 Td [(and)14.3 ( Reference)14.3 ( Constr)0.5 (uc)0.5 (ting)14.3 ( Measures)14.3 ( on)14.3 ( C)0.5 (onservation)14.3 ( of)14.3 ( Water)14.3 ( and)14.3 ( S)0.5 (oil)14.3 ( of)19.2 ( )]TJ 0.038 Tc 0.082 Tw T* [(Wind)10.2 ( )0.5 (Farms)10.2 ( )]TJ /C0_0 1 Tf -0.101 Tc 0.101 Tw 5.787 0 Td [<0090>-25.6 <082C>-24.8 <0F65>-27.2 <0C19>-41.6 <02E5>-36.8 <027A>-53.6 <06AD>-51.2 <0735>-38.4 <0744>-43.2 <0288>-40 <0AA3>-46.4 <0744>-56.8 <0A1E>-48 <03FD0091>]TJ /T1_2 1 Tf 0.038 Tc 0.082 Tw 13.762 0 Td [( )0.5 (to)10.2 ( )0.5 (enhance)10.2 ( environmental)10.1 ( )0.5 (protection)10.2 ( )]TJ 0.028 Tc 0.061 Tw -19.549 -1.524 Td (measures of projects and elaborate safe and civilized construction and d\esign )Tj 0.031 Tw T* [(standards. )0.5 (The )0.6 (water )0.5 (and )0.5 (soil )0.6 (conversation )0.5 (of )0.5 (projects )0.6 (under )0.5 (construction )0.6 (were )]TJ 0.058 Tc 0.077 Tw T* [(c)0.5 (o)0.5 (n)0.5 (du)0.5 (c)0.5 (t)0.5 (e)0.5 (d)14.4 ( t)0.5 (o)0.5 (g)0.5 (e)0.5 (t)0.5 (he)0.5 (r)14.4 ( wi)0.5 (t)0.5 (h)14.4 ( th)0.5 (e)14.4 ( co)0.5 (n)0.5 (s)0.5 (t)0.5 (r)0.5 (u)0.5 (ct)0.5 (i)0.5 (n)0.5 (g)14.4 ( p)0.5 (r)0.5 (o)0.5 (g)0.5 (r)0.5 (e)0.5 (ss)14.4 ( o)0.5 (f)14.3 ( t)0.5 (he)14.4 ( p)0.5 (r)0.5 (oj)0.5 (e)0.5 (c)0.5 (t)0.5 (s)14.4 ( a)0.5 (n)0.5 (d)14.4 ( t)0.5 (h)0.5 (e)30.2 ( )]TJ 0.029 Tc 0.091 Tw T* [(vegetation)1.2 ( coverage)1.2 ( )0.5 (enjoyed)1.2 ( )0.5 (benign)1.2 ( )0.5 (growth)1.2 (.)1.2 ( )0.5 (So)1.2 ( )0.5 (far)1.2 (,)1.2 ( )0.5 (the)1.2 ( )0.5 (implementation)1.2 ( )0.5 (of)1.2 ( )0.5 (the)1.2 ( )]TJ 0.028 Tc 0 Tw T* (plan has had no material impact on the Group.)Tj ET endstreamendobj1337 0 obj<>endobj1334 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT 1 0.36 0.14 0 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 536.9537 33.8036 Tm (141)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT 0 0 0 1 k /GS1 gs /T1_1 1 Tf 0.074 Tw 10.5 0 0 10.5 127.5591 672.7551 Tm (project company to strengthen on-site supervision, guidance and regulati\on of )Tj 0.041 Tc 0.079 Tw 0 -1.524 TD [(operations)13.2 (.)13.2 ( )0.5 (In)13.2 ( )0.5 (addition)13.2 (,)13.2 ( )0.5 (the)13.2 ( Group)13.2 ( holds)13.2 ( )0.5 (safety)13.2 ( knowledge)13.2 ( contests)13.2 ( )0.5 (involving)13.2 ( )]TJ 0.028 Tc 0.03 Tw T* (all employees, and provides training in rotation for safety officers wit\h a view to )Tj 0 Tw T* (enhance safety awareness and safety technical levels of staff.)Tj 1 0.36 0.14 0.3 k /GS0 gs /T1_2 1 Tf 0.718 Tw 14 0 0 14 70.8661 589.7551 Tm (V. RESPONSIBILITIES)Tj 0 0 0 0.8 k 0 Tw 11.5 0 0 11.5 99.2126 555.7551 Tm [(5.1 )-685.5 (Supply Chain Management)]TJ 0 0 0 1 k /GS1 gs /T1_1 1 Tf 0.059 Tc 0.078 Tw 10.5 0 0 10.5 127.5591 523.7551 Tm [(Pursuant)13.8 ( to)13.8 ( the)13.8 ( requirements)13.8 ( under)13.8 ( the)13.8 ( Bidding)13.8 ( Law)13.8 ( of)13.8 ( the)13.8 ( PRC)13.9 (,)13.8 ( tender)13.8 ( is)31.2 ( )]TJ 0.031 Tc 0.089 Tw T* [(compulsory)3.2 ( )0.5 (for)3.3 ( any)3.2 ( )0.5 (domestic)3.2 ( )0.5 (projects)3.2 ( )0.5 (which)3.2 ( )0.5 (are)3.2 ( )0.5 (completely)3.2 ( )0.5 (or)3.2 ( )0.5 (partly)3.2 ( )0.5 (invested)3.2 ( )]TJ 0.028 Tc 0.023 Tw T* (by state-owned funds. For the domestic projects subject to tender accord\ing to )Tj 0.036 Tc 0.084 Tw T* [(the)8.2 ( law)8.2 (,)8.2 ( )0.5 (the)8.2 ( Group)8.2 (,)8.2 ( )0.5 (as)8.2 ( )0.5 (a)8.2 ( state)8.2 (-)8.2 (owned)8.2 ( company)8.2 (,)8.2 ( )0.5 (shall)8.2 ( determine)8.2 ( )0.5 (the)8.2 ( )0.5 (suppliers)8.2 ( )]TJ 0.037 Tc 0.083 Tw T* [(by)9.2 ( way)9.2 ( of)9.2 ( )0.5 (public)9.2 ( )0.5 (tender)9.2 (.)9.2 ( )0.5 (For)9.2 ( )0.5 (projects)9.2 ( )0.5 (of)9.2 ( which)9.2 ( )0.5 (no)9.2 ( )0.5 (tender)9.2 ( )0.5 (is)9.2 ( required)9.2 ( )0.5 (by)9.2 ( )0.5 (laws)9.2 (,)9.2 ( )]TJ 0.028 Tc 0.035 Tw T* (the suppliers shall be determined in a competitive manner on the \223CHN\ Energy )Tj 0.045 Tc 0.078 Tw T* [(E)13.7 ( Procurement)13.7 (\224)13.7 ( platform)13.7 ( according)13.7 ( to)13.7 ( the)13.7 ( procurement)13.7 ( management)13.7 ( system)17.2 ( )]TJ 0.05 Tc T* [(established)14 ( by)14 ( the)14 ( Company)14 (.)14 ( For)14 ( overseas)14 ( projects)13.9 (,)14 ( invitation)13.9 ( tender)13.9 (,)14 ( price)22.2 ( )]TJ 0.028 Tc 0.086 Tw T* (enquiry and other methods shall be adopted in accordance with the practi\ces )Tj 0.047 Tc 0.078 Tw T* [(in)14.1 ( the)14.1 ( country)14.1 ( where)14.1 ( the)14.1 ( projects)14.1 ( are)14.1 ( located)14.1 ( and)14.1 ( the)14.1 ( actual)14 ( situation)14.1 ( of)14.1 ( the)19.2 ( )]TJ 0.028 Tc 0.021 Tw T* (projects. So far, all suppliers in cooperation with the Group have been \selected )Tj 0.029 Tc 0.091 Tw T* [(in)1.2 ( )0.5 (compliance)1.2 ( with)1.2 ( )0.5 (the)1.1 ( )0.5 (abovementioned)1.2 ( )0.5 (supplier)1.2 ( )0.5 (engagement)1.2 ( conventions)1.2 (.)1.2 ( )0.5 (All)1.3 ( )]TJ 0.028 Tc 0.035 Tw T* (procurement projects subject to tender or not were conducted on the spec\ified )Tj 0.013 Tw T* (online platform which would record important matters and the process tra\ces at )Tj 0.035 Tc 0.085 Tw T* [(each)7.2 ( )0.5 (stage)7.2 ( of)7.2 ( )0.5 (the)7.2 ( )0.5 (procurement)7.2 ( )0.5 (activity)7.2 ( )0.5 (automatically)7.2 (,)7.2 ( )0.5 (and)7.2 ( )0.5 (such)7.2 ( )0.5 (projects)7.2 ( )0.5 (were)7.2 ( )]TJ 0.028 Tc 0 Tw T* (subject to external audit and supervisory inspection.)Tj 0.025 Tw 0 -3.048 TD (Currently, in the procurement of major equipment, the Group requires sup\pliers )Tj 0.066 Tc 0.078 Tw 0 -1.524 TD [(to)14 ( have)14.1 ( an)14.1 ( environmental)14 ( management)14 ( system)14 (,)14 ( and)14.1 ( is)14 ( not)14 ( aware)14 ( that)14.1 ( any)38.2 ( )]TJ 0.063 Tc T* [(key)14 ( suppliers)14 ( had)14 ( any)13.9 ( significant)14 ( actual)13.9 ( and)13.9 ( potential)13.9 ( negative)13.9 ( impact)13.9 ( on)35.2 ( )]TJ 0.028 Tc 0 Tw T* (environment protection, human rights and labour practices or non-complia\nce.)Tj 0.035 Tc 0.085 Tw 0 -3.048 TD [(T)0.5 (h)0.5 (e)7.2 ( G)0.5 (r)0.5 (o)0.5 (u)0.5 (p)7.2 ( s)0.5 (e)0.5 (l)0.5 (e)0.5 (c)0.5 (ts)7.2 ( )0.5 (i)0.5 (t)0.5 (s)7.2 ( )0.5 (su)0.5 (p)0.5 (p)0.5 (l)0.5 (i)0.5 (er)0.5 (s)7.2 ( )0.5 (i)0.5 (n)7.2 ( )0.5 (a)7.2 ( )0.5 (co)0.5 (m)0.5 (p)0.5 (l)0.5 (e)0.5 (t)0.5 (el)0.5 (y)7.2 ( )0.5 (c)0.5 (o)0.5 (mp)0.5 (e)0.5 (t)0.5 (i)0.5 (t)0.5 (i)0.5 (ve)7.2 ( )0.5 (m)0.5 (a)0.5 (n)0.5 (ne)0.5 (r)7.2 ( )0.5 (w)0.5 (i)0.5 (t)0.5 (ho)0.5 (u)0.5 (t)7.2 ( )0.5 (a)7.2 ( )]TJ 0.026 Tc 0 Tw 0 -1.524 TD [(fixed list of suppliers. As such, there is no statistical data of suppli\ers by region.)-1.8 ( )]TJ 0.051 Tc 0.077 Tw T* [(T)0.5 (h)0.5 (e)14.3 ( G)0.5 (r)0.5 (o)0.5 (up)14.4 ( gi)0.5 (v)0.5 (e)0.5 (s)14.3 ( an)14.4 ( a)0.5 (n)0.5 (n)0.5 (ua)0.5 (l)14.4 ( c)0.5 (o)0.5 (mp)0.5 (r)0.5 (e)0.5 (h)0.5 (en)0.5 (s)0.5 (i)0.5 (ve)14.4 ( e)0.5 (v)0.5 (a)0.5 (l)0.5 (ua)0.5 (t)0.5 (i)0.5 (on)14.4 ( f)0.5 (o)0.5 (r)14.4 ( s)0.5 (up)0.5 (p)0.5 (l)0.5 (i)0.5 (er)0.5 (s)14.4 ( a)0.5 (n)0.5 (d)14.3 ( s)0.5 (et)23.2 ( )]TJ 0.029 Tc 0.091 Tw T* [(up)1.2 ( )0.5 (a)1.2 ( )0.5 (warning)1.2 ( and)1.2 ( no)1.2 (-)1.2 (access)1.2 ( )0.5 (mechanism)1.2 ( )0.5 (for)1.2 ( )0.5 (dishonest)1.2 ( )0.5 (suppliers)1.2 (.)1.2 ( )0.5 (Besides)1.2 (,)1.2 ( )0.5 (the)1.2 ( )]TJ 0.043 Tc 0.078 Tw T* [(Group)13.5 ( implements)13.5 ( a)13.5 ( manufacturing)13.5 ( supervision)13.5 ( and)13.5 ( management)13.4 ( system)13.5 ( for)15.2 ( )]TJ 0.035 Tc 0.085 Tw T* [(main)7.2 ( )0.5 (units)7.2 (,)7.2 ( )0.5 (turbine)7.2 ( )0.5 (towers)7.2 ( )0.5 (and)7.2 ( )0.5 (key)7.2 ( )0.5 (electrical)7.2 ( )0.5 (equipment)7.2 ( )0.5 (to)7.2 ( )0.5 (guarantee)7.2 ( )0.5 (product)7.2 ( )]TJ 0.028 Tc -0.028 Tw T* (quality.)Tj ET endstreamendobj1335 0 obj<>endobj1332 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT 1 0.36 0.14 0 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 37.6388 33.8036 Tm (140)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT 0 0 0 1 k /GS1 gs /T1_1 1 Tf 0.067 Tc 0.078 Tw 10.5 0 0 10.5 127.5591 672.8911 Tm [(The)13.8 ( Group)13.7 ( stringently)13.7 ( complied)13.8 ( with)13.8 ( various)13.8 ( safety)13.7 ( supervision)13.8 ( rules)13.8 ( and)39.2 ( )]TJ 0.028 Tc 0.081 Tw 0 -1.524 TD (regulations of the State, Industry and CHN Energy. In 2018, the Group sp\ared )Tj 0.054 Tc 0.078 Tw T* [(no)14.2 ( efforts)14.1 ( to)14.1 ( untangle)14.1 ( the)14.1 ( risks)14.1 (,)14.2 ( strived)14.2 ( to)14.1 ( improve)14.1 ( risk)14.1 ( control)14.2 ( measures)14.2 ( to)26.2 ( )]TJ 0.028 Tc 0.023 Tw T* (reduce possible casualties and the risk of equipment damage, so as to pr\ovide )Tj 0.086 Tw T* (a more secure working environment and protect staff from operational haz\ard. )Tj 0.065 Tc 0.078 Tw T* [(Furthermore)14 (,)14.1 ( the)14.1 ( Group)14.1 ( also)14 ( sorted)14.1 ( out)14.1 ( the)14 ( Analysis)14.1 ( Table)14 ( of)14.1 ( Wind)14.1 ( Power)37.2 ( )]TJ 0.028 Tc 0.088 Tw T* (Safety Production and Control \()Tj /C0_0 1 Tf -0.028 Tw <082C0F65035B0B2A03C4038C104D0A9B02B10613068C>Tj /T1_1 1 Tf 0.088 Tw (\), and modified Special )Tj 0.064 Tw T* (Measures on Prevention of Accidents Involving Casualties \()Tj /C0_0 1 Tf -0.028 Tw <052302DF025B05120DC60273052B07420A59>Tj T* <0DB00AA30744>Tj /T1_1 1 Tf 0.03 Tc 0.09 Tw [(\))2.2 ( )0.5 (and)2.2 ( Special)2.2 ( )0.5 (Measures)2.2 ( )0.5 (on)2.2 ( )0.5 (Protection)2.2 ( )0.5 (of)2.2 ( )0.5 (Wind)2.2 ( )0.5 (Turbines)2.2 ( against)2.2 ( )0.5 (Serious)2.2 ( )]TJ 0.062 Tc 0.078 Tw T* [(Damage)13.7 ( \()]TJ /C0_0 1 Tf 0.048 Tc -0.048 Tw 4.992 0 Td <052302DF082C0F6512DA0B5C160C08200E2615780A590DB00AA30744>Tj /T1_1 1 Tf 0.062 Tc 0.078 Tw [(\))13.8 (.)13.7 ( Beyond)13.7 ( that)13.7 (,)13.8 ( the)13.8 ( Group)13.7 ( prepared)34.2 ( )]TJ 0.028 Tc 0.04 Tw -4.992 -1.524 Td (safety operation manuals for main electrical equipments, and formulated \safety )Tj 0.035 Tw 0 -1.524 TD (protection measures by analyzing hidden danger and defects of units to d\efine )Tj 0.017 Tw 0 -1.524 TD [(the )0.5 (requirements )0.5 (for )0.5 (safety )0.5 (production. )0.5 (In addition, )0.5 (the )0.5 (Group )0.5 (conducted )0.5 (safety )]TJ 0.03 Tc 0.09 Tw T* [(i)0.5 (n)0.5 (s)0.5 (p)0.5 (ec)0.5 (t)0.5 (i)0.5 (o)0.5 (n)2.2 ( )0.5 (a)0.5 (n)0.5 (d)2.2 ( a)0.5 (s)0.5 (s)0.5 (e)0.5 (s)0.5 (s)0.5 (me)0.5 (n)0.5 (t)2.2 ( )0.5 (o)0.5 (n)2.2 ( o)0.5 (n)0.5 (s)0.5 (h)0.5 (o)0.5 (re)2.2 ( )0.5 (a)0.5 (n)0.5 (d)2.2 ( o)0.5 (f)0.5 (f)0.5 (s)0.5 (h)0.5 (o)0.5 (r)0.5 (e)2.2 ( w)0.5 (i)0.5 (n)0.5 (d)2.2 ( )0.5 (p)0.5 (o)0.5 (w)0.5 (er)2.3 (,)2.2 ( p)0.5 (h)0.5 (o)0.5 (t)0.5 (o)0.5 (vo)0.5 (l)0.5 (t)0.5 (a)0.5 (i)0.5 (c)2.2 ( )]TJ 0.027 Tc 0 Tw T* [(energy, geothermal energy, biomass and tide. By analyzing key issues exp\osed)-0.8 ( )]TJ 0.052 Tc 0.078 Tw T* [(in)13.8 ( recent)13.7 ( years)13.8 ( and)13.7 ( potential)13.7 ( risks)13.7 ( identified)13.8 ( in)13.7 ( the)13.8 ( assessment)13.7 ( and)13.7 ( putting)24.2 ( )]TJ 0.033 Tc 0.087 Tw T* [(them)5.2 ( )0.5 (on)5.2 ( )0.5 (records)5.2 (,)5.2 ( )0.5 (the)5.2 ( Group)5.3 ( put)5.2 ( )0.5 (forward)5.2 ( )0.5 (rectification)5.3 ( opinions)5.2 ( and)5.2 ( )0.5 (supervised)5.2 ( )]TJ 0.091 Tc 0.078 Tw T* [(implementation)14.1 ( accordingly)14.1 (,)14.2 ( to)14.2 ( realize)14.1 ( )0.5 (closed)14.1 (-)14.2 (loop)14.2 ( control)14.1 (.)14.2 ( The)14.2 ( Group)63.2 ( )]TJ 0.037 Tc 0.083 Tw T* [(co)0.5 (mp)0.5 (reh)0.5 (ens)0.5 (ive)0.5 (ly)9.2 ( )0.5 (st)0.5 (ren)0.5 (gth)0.5 (en)0.5 (ed)9.2 ( )0.5 (the)9.2 ( )0.5 (ef)0.5 (fec)0.5 (tiv)0.5 (e)9.2 ( p)0.5 (er)0.5 (for)0.5 (man)0.5 (ce)9.2 ( )0.5 (of)9.2 ( )0.5 (acc)0.5 (oun)0.5 (tab)0.5 (il)0.5 (it)0.5 (y)9.2 ( b)0.5 (y)9.2 ( )]TJ 0.028 Tc 0 Tw T* (the subject of responsibility, to improve safety supervision and managem\ent.)Tj 0 0 0 0.8 k /GS0 gs /T1_2 1 Tf 11.5 0 0 11.5 99.2126 334.8911 Tm [(4.2 )-685.5 (Health and Safety Management)]TJ 0 0 0 1 k /GS1 gs /T1_1 1 Tf 0.057 Tc 0.078 Tw 10.5 0 0 10.5 127.5591 302.8911 Tm [(The)13.7 ( Group)13.7 ( has)13.7 ( fostered)13.7 ( the)13.7 ( concept)13.8 ( of)13.8 ( \223)13.7 (Comprehensive)13.7 ( Safety)13.7 (\224)13.8 ( and)13.7 ( firmly)29.2 ( )]TJ 0.046 Tc T* [(regards)13.9 ( safety)13.9 ( as)14 ( its)13.9 ( primary)13.9 ( responsibility)14 (.)13.9 ( It)13.9 ( has)13.9 ( consolidated)13.9 ( the)13.9 ( base)13.9 ( for)18.3 ( )]TJ 0.028 Tc 0.056 Tw T* [(safe )0.5 (production, )0.5 (sought )0.5 (for )0.6 (vulnerable )0.5 (sections )0.6 (in )0.5 (safety )0.5 (production )0.5 (thoroughly )]TJ 0.045 Tc 0.078 Tw T* [(and)14.1 ( deepened)14 ( rectification)14.1 ( of)14 ( potential)14 ( safety)14.1 ( hazards)14 ( so)14 ( as)14.1 ( to)14.1 ( continuously)17.2 ( )]TJ 0.028 Tc 0.02 Tw T* (strengthen the management of safety production. 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T* [(a)0.5 (n)0.5 (d)12.2 ( b)0.5 (a)0.5 (s)0.5 (i)0.5 (ca)0.5 (l)0.5 (l)0.5 (y)12.2 ( )0.5 (c)0.5 (o)0.5 (mp)0.5 (l)0.5 (e)0.5 (t)0.5 (e)0.5 (d)12.2 ( t)0.5 (h)0.5 (e)12.2 ( s)0.5 (t)0.5 (r)0.5 (u)0.5 (c)0.5 (t)0.5 (ur)0.5 (a)0.5 (l)12.2 ( )0.5 (co)0.5 (n)0.5 (s)0.5 (t)0.5 (r)0.5 (uc)0.5 (t)0.5 (i)0.5 (o)0.5 (n)12.2 ( )0.5 (an)0.5 (d)12.2 ( )0.5 (t)0.5 (ri)0.5 (a)0.5 (l)12.2 ( )0.5 (o)0.5 (p)0.5 (er)0.5 (a)0.5 (t)0.5 (i)0.5 (o)0.5 (n)12.2 ( o)0.5 (f)12.2 ( )0.5 (th)0.5 (e)12.2 ( )]TJ 0.045 Tc 0.078 Tw T* [(platform)13.8 (.)13.8 ( It)13.8 ( organised)13.8 ( the)13.8 ( subordinate)13.9 ( units)13.8 ( and)13.9 ( relevant)13.9 ( departments)13.8 ( at)13.8 ( the)17.2 ( )]TJ 0.035 Tc 0.085 Tw T* [(headquarters)7.2 ( )0.5 (to)7.2 ( )0.5 (make)7.2 ( )0.5 (full)7.2 ( use)7.2 ( of)7.2 ( the)7.2 ( online)7.2 ( )0.5 (learning)7.2 ( platform)7.2 (.)7.2 ( )0.5 (Online)7.2 ( )0.5 (practice)7.2 ( )]TJ 0.043 Tc 0.077 Tw T* [(a)0.5 (n)0.6 (d)14.4 ( o)0.6 (n)0.5 (l)0.6 (i)0.5 (n)0.6 (e)14.4 ( e)0.5 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4.857 Td (Age)Tj ET 1 0.36 0.14 0 K 0.5 w /GS0 gs q 1 0 0 1 331.6525 661.5649 cm 0 0 m 187.087 0 l S Q BT /GS1 gs 0 Tc 0 Tw 6.3 0 0 10.5 331.6525 662.6484 Tm ( )Tj 0.028 Tc 2.552 -1.524 Td (35 years )Tj 0.475 -1.524 Td (old and )Tj -0.028 Tw 0.778 -1.524 Td (below)Tj 7.703 1.524 Td (36\22645 )Tj 0 Tw -1.722 -1.524 Td (years old)Tj -0.028 Tw 9.371 1.524 Td (46\22655 )Tj 0 Tw -1.722 -1.524 Td (years old)Tj 8.065 3.048 Td (56 years )Tj 0.475 -1.524 Td (old and )Tj -0.028 Tw 0.722 -1.524 Td (above)Tj ET 1 w /GS0 gs q 1 0 0 1 127.558 609.8152 cm 0 0 m 22.677 0 l S Q BT /GS1 gs /T1_2 1 Tf 0 Tc 0 Tw 6.3 0 0 10.5 127.558 610.6487 Tm ( )Tj ET /GS0 gs q 1 0 0 1 150.2352 609.8152 cm 0 0 m 136.063 0 l S Q BT /GS1 gs 6.3 0 0 10.5 150.2352 610.6487 Tm ( )Tj ET /GS0 gs q 1 0 0 1 286.2982 609.8152 cm 0 0 m 45.354 0 l S Q BT /GS1 gs 6.3 0 0 10.5 322.1301 610.6487 Tm ( )Tj ET /GS0 gs q 1 0 0 1 331.6525 609.8152 cm 0 0 m 48.189 0 l S Q BT 1 0.36 0.14 0 k /T1_1 1 Tf 6.3 0 2.8135 10.5 370.3191 610.6487 Tm ( )Tj ET q 1 0 0 1 379.8414 609.8152 cm 0 0 m 48.189 0 l S Q BT 6.3 0 2.8135 10.5 418.5081 610.6487 Tm ( )Tj ET q 1 0 0 1 428.0304 609.8152 cm 0 0 m 48.189 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 6.3 0 2.8135 10.5 466.697 610.6487 Tm ( )Tj ET /GS0 gs q 1 0 0 1 476.2194 609.8152 cm 0 0 m 48.189 0 l S Q BT /GS1 gs 6.3 0 0 10.5 514.886 610.6487 Tm ( )Tj 0.028 Tc -0.028 Tw -61.481 -3.048 Td (11)Tj 0 Tw 3.6 0 Td (Inner Mongolia Longyuan New Energy )Tj 1.665 -1.524 Td (Development Co., Ltd. \()Tj /C0_0 1 Tf -0.028 Tw <02AB1086031A13B20E550E2D09900E55>Tj 0 -1.524 TD <0CEF089D03DE082202AE0321>Tj /T1_2 1 Tf 0 Tc 0 Tw (\))Tj 25.676 3.048 Td (7)Tj 7.649 0 Td (7)Tj 0.028 Tc -0.028 Tw -38.589 -4.571 Td (12)Tj 0 Tw 3.6 0 Td (Liaoning Longyuan New Energy Development )Tj 1.665 -1.524 Td (Co., Ltd. \()Tj /C0_0 1 Tf -0.028 Tw <13710FB913B20E550E2D09900E550CEF089D03DE082202AE0321>Tj /T1_2 1 Tf 0 Tc 0 Tw (\))Tj 25.676 1.524 Td (8)Tj 7.649 0 Td (5)Tj 7.649 0 Td (2)Tj 7.649 0 Td (1)Tj 0.028 Tc -0.028 Tw -53.887 -3.048 Td (13)Tj 0 Tw 3.6 0 Td (Jiangsu Offshore Longyuan Wind Power )Tj 1.665 -1.524 Td (Generation Co., Ltd. \()Tj /C0_0 1 Tf -0.028 Tw <03EA163D090E026A13B20E55082C02620CEF>Tj T* <0F6503DE082202AE0321>Tj /T1_2 1 Tf 0 Tc 0 Tw (\))Tj 25.676 3.048 Td (4)Tj 7.649 0 Td (4)Tj 0.028 Tc -0.028 Tw -38.589 -4.571 Td (14)Tj 0 Tw 3.6 0 Td (Shanxi Longyuan Wind Power Generation )Tj 1.665 -1.524 Td (Co., Ltd. \()Tj /C0_0 1 Tf -0.028 Tw <0286041313B20E55082C02620CEF0F6503DE082202AE0321>Tj /T1_2 1 Tf 0 Tc 0 Tw (\))Tj 25.676 1.524 Td (2)Tj 7.649 0 Td (2)Tj 0.028 Tc -0.028 Tw -38.589 -3.048 Td (15)Tj 0 Tw 3.6 0 Td (Yunnan Longyuan Wind Power Generation )Tj 1.665 -1.524 Td (Co., Ltd. \()Tj /C0_0 1 Tf -0.028 Tw <0DAE06CC13B20E55082C02620CEF0F6503DE082202AE0321>Tj /T1_2 1 Tf 0 Tc 0 Tw (\))Tj 25.676 1.524 Td (2)Tj 7.649 0 Td (2)Tj 0.028 Tc -0.028 Tw -38.589 -3.048 Td (16)Tj 0 Tw 3.6 0 Td (Fujian Longyuan Wind Power Generation Co., )Tj 1.665 -1.524 Td (Ltd. \()Tj /C0_0 1 Tf -0.028 Tw <1045071413B20E55082C02620CEF0F6503DE08220BAA038202AE0321>Tj /T1_2 1 Tf 0 Tc 0 Tw (\))Tj 25.676 1.524 Td (2)Tj 7.649 0 Td (2)Tj 0.028 Tc -0.028 Tw -38.589 -3.048 Td (17)Tj 0 Tw 3.6 0 Td (Anhui Longyuan Wind Power Generation Co., )Tj 1.665 -1.524 Td (Ltd. \()Tj /C0_0 1 Tf -0.028 Tw <03C413CF13B20E55082C02620CEF0F6503DE082202AE0321>Tj /T1_2 1 Tf 0 Tc 0 Tw (\))Tj 0.028 Tc -0.028 Tw 25.092 1.524 Td (11)Tj 7.649 0 Td (10)Tj 0 Tc 0 Tw 8.233 0 Td (1)Tj 0.028 Tc -0.028 Tw -46.238 -3.048 Td (18)Tj 0 Tw 3.6 0 Td (Longyuan Ningxia Wind Power Generation )Tj 1.665 -1.524 Td (Co., Ltd. \()Tj /C0_0 1 Tf -0.028 Tw <13B20E550FB90880082C02620CEF0F6503DE082202AE0321>Tj /T1_2 1 Tf 0 Tc 0 Tw (\))Tj 25.676 1.524 Td (4)Tj 7.649 0 Td (3)Tj 7.649 0 Td (1)Tj 0.028 Tc -0.028 Tw -46.238 -3.048 Td (19)Tj 0 Tw 3.6 0 Td (Longyuan Guizhou Wind Power Generation )Tj 1.665 -1.524 Td (Co., Ltd. \()Tj /C0_0 1 Tf -0.028 Tw <13B20E550D6E03C8082C02620CEF0F6503DE082202AE0321>Tj /T1_2 1 Tf 0 Tc 0 Tw (\))Tj 25.676 1.524 Td (5)Tj 7.649 0 Td (5)Tj 0.028 Tc -0.028 Tw -38.589 -3.048 Td (20)Tj 0 Tw 3.6 0 Td (Jilin Longyuan Wind Power Generation Co., )Tj 1.665 -1.524 Td (Ltd. \()Tj /C0_0 1 Tf -0.028 Tw <039B060D13B20E55082C02620CEF0F6503DE082202AE0321>Tj /T1_2 1 Tf 0 Tc 0 Tw (\))Tj 25.676 1.524 Td (8)Tj 7.649 0 Td (7)Tj 7.649 0 Td (1)Tj 0.028 Tc -0.028 Tw -46.238 -3.048 Td (21)Tj 0 Tw 3.6 0 Td (Longyuan Shaanxi Wind Power Generation )Tj 1.665 -1.524 Td (Co., Ltd. \()Tj /C0_0 1 Tf -0.028 Tw <13B20E5509EF0413082C02620CEF0F6503DE082202AE0321>Tj /T1_2 1 Tf 0 Tc 0 Tw (\))Tj 0.028 Tc -0.028 Tw 25.092 1.524 Td (11)Tj 7.649 0 Td (11)Tj -38.005 -3.048 Td (22)Tj 0 Tw 3.6 0 Td (Zhejiang Longyuan Wind Power Generation )Tj 1.665 -1.524 Td (Co., Ltd. \()Tj /C0_0 1 Tf -0.028 Tw <090F03EA13B20E55082C02620CEF0F6503DE082202AE0321>Tj /T1_2 1 Tf 0 Tc 0 Tw (\))Tj 25.676 1.524 Td (9)Tj 7.649 0 Td (7)Tj 22.947 0 Td (2)Tj 0.028 Tc -0.028 Tw -61.536 -3.048 Td (23)Tj 0 Tw 3.6 0 Td (Tianjing Longyuan Wind Power Generation )Tj 1.665 -1.524 Td (Co., Ltd. \()Tj /C0_0 1 Tf -0.028 Tw <02C2077513B20E55082C02620CEF0F6503DE082202AE0321>Tj /T1_2 1 Tf 0 Tc 0 Tw (\))Tj 25.676 1.524 Td (3)Tj 7.649 0 Td (3)Tj ET endstreamendobj1355 0 obj<>endobj1352 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT 1 0.36 0.14 0 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 37.6388 33.8036 Tm (130)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT 0 0 0 1 k /GS1 gs /T1_1 1 Tf 0.059 Tw 10.5 0 0 10.5 127.5591 672.7551 Tm (As at the end of 2018, the Group recorded 189 cases of staff turnover an\d the )Tj 0.005 Tw 0 -1.524 TD (turnover rate \(staff turnover rate =number of outgoing staff/\(headcoun\t as at the )Tj 0.041 Tc 0.079 Tw T* [(beginning)13.2 ( )0.5 (of)13.2 ( )0.5 (the)13.3 ( Reporting)13.2 ( )0.5 (Period)13.2 ( +)13.2 ( )0.5 (the)13.2 ( )0.5 (number)13.2 ( )0.5 (of)13.2 ( )0.5 (new)13.3 ( recruits)13.2 ( )0.5 (in)13.2 ( )0.5 (the)13.2 ( )0.5 (year)13.2 (\))13.2 (\))13.2 ( )]TJ 0.028 Tc 0 Tw T* (was 2.39%. Particulars of the staff turnover proportion are set out belo\w:)Tj /T1_2 1 Tf 0 -3.048 TD (Table 6: Information of the Group\222s staff turnover)Tj -0.028 Tw 6.3 0 0 10.5 127.5582 509.7461 Tm (No.)Tj 0 Tw 3.6 0 Td (Company name)Tj -0.028 Tw 25.563 1.524 Td (Staff )Tj -1.917 -1.524 Td (turnover)Tj 19.476 4.858 Td (Age)Tj ET 1 0.36 0.14 0 K 0.5 w /GS0 gs q 1 0 0 1 331.6526 556.6625 cm 0 0 m 187.087 0 l S Q BT /GS1 gs 0 Tc 0 Tw 6.3 0 0 10.5 331.6526 557.746 Tm ( )Tj 0.028 Tc 2.552 -1.524 Td (35 years )Tj 0.475 -1.524 Td (old and )Tj -0.028 Tw 0.778 -1.524 Td (below)Tj 7.703 1.524 Td (36\22645 )Tj 0 Tw -1.722 -1.524 Td (years old)Tj -0.028 Tw 9.371 1.524 Td (46\22655 )Tj 0 Tw -1.722 -1.524 Td (years old)Tj 8.065 3.048 Td (56 years )Tj 0.475 -1.524 Td (old and )Tj -0.028 Tw 0.722 -1.524 Td (above)Tj ET 1 w /GS0 gs q 1 0 0 1 127.5581 504.9029 cm 0 0 m 22.677 0 l S Q BT /GS1 gs /T1_1 1 Tf 0 Tc 0 Tw 6.3 0 0 10.5 127.5581 505.7364 Tm ( )Tj ET /GS0 gs q 1 0 0 1 150.2353 504.9029 cm 0 0 m 136.063 0 l S Q BT /GS1 gs 6.3 0 0 10.5 150.2353 505.7364 Tm ( )Tj ET /GS0 gs q 1 0 0 1 286.2983 504.9029 cm 0 0 m 45.354 0 l S Q BT /GS1 gs 6.3 0 0 10.5 322.1302 505.7364 Tm ( )Tj ET /GS0 gs q 1 0 0 1 331.6526 504.9029 cm 0 0 m 48.189 0 l S Q BT 1 0.36 0.14 0 k /T1_2 1 Tf 6.3 0 2.8135 10.5 370.3192 505.7364 Tm ( )Tj ET q 1 0 0 1 379.8416 504.9029 cm 0 0 m 48.189 0 l S Q BT 6.3 0 2.8135 10.5 418.5082 505.7364 Tm ( )Tj ET q 1 0 0 1 428.0305 504.9029 cm 0 0 m 48.189 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_1 1 Tf 6.3 0 2.8135 10.5 466.6971 505.7364 Tm ( )Tj ET /GS0 gs q 1 0 0 1 476.2195 504.9029 cm 0 0 m 48.189 0 l S Q BT /GS1 gs 6.3 0 0 10.5 514.8861 505.7364 Tm ( )Tj 0.028 Tc -61.481 -3.048 Td (China Longyuan Power Group Corporation Limited )Tj -0.028 Tw 1.665 -1.524 Td (\(collectively\))Tj 28.108 1.524 Td (189)Tj 7.649 0 Td (150)Tj 8.233 0 Td (15)Tj 7.649 0 Td (16)Tj 0 Tc 0 Tw 8.233 0 Td (8)Tj -61.536 -3.048 Td (1)Tj 0.028 Tc 3.6 0 Td (The headquarters of China Longyuan Power )Tj 1.665 -1.524 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8.233 0 Td (1)Tj -46.238 -3.048 Td (5)Tj 0.028 Tc 3.6 0 Td (Inner Mongolia Longyuan Mengdong Wind )Tj 1.665 -1.524 Td (Power Generation Co., Ltd. \()Tj /C0_0 1 Tf -0.028 Tw <02AB1086031A13B20E551086>Tj 0 -1.524 TD <0607082C02620CEF0F6503DE082202AE0321>Tj /T1_1 1 Tf 0 Tc 0 Tw (\))Tj 25.676 3.048 Td (8)Tj 7.649 0 Td (6)Tj 15.298 0 Td (2)Tj -53.887 -4.571 Td (6)Tj 0.028 Tc 3.6 0 Td (Hebei Longyuan Wind Power Generation Co., )Tj 1.665 -1.524 Td (Ltd. \()Tj /C0_0 1 Tf -0.028 Tw <0626030F13B20E55082C02620CEF0F6503DE082202AE0321>Tj /T1_1 1 Tf 0 Tc 0 Tw (\))Tj 25.676 1.524 Td (2)Tj 7.649 0 Td (2)Tj -38.589 -3.048 Td (7)Tj 0.028 Tc 3.6 0 Td (Heilongjiang Longyuan New Energy )Tj 1.665 -1.524 Td (Development Co., Ltd. \()Tj /C0_0 1 Tf -0.028 Tw <0DBD13B203EA13B20E550E2D09900E55>Tj T* <0CEF089D03DE082202AE0321>Tj /T1_1 1 Tf 0 Tc 0 Tw (\))Tj 25.676 3.048 Td (7)Tj 7.649 0 Td (6)Tj 15.298 0 Td (1)Tj -53.887 -4.571 Td (8)Tj 0.028 Tc 3.6 0 Td (Gansu Longyuan Wind Power Generation )Tj 1.665 -1.524 Td 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0 0 0 1 k /GS1 gs /T1_2 1 Tf 9.45 0 0 10.5 450.5981 503.7573 Tm ( )Tj ET /GS0 gs q 1 0 0 1 467.7163 502.6738 cm 0 0 m 51.024 0 l S Q BT /GS1 gs 9.45 0 0 10.5 512.9603 503.7573 Tm ( )Tj 0.028 Tc -0.028 Tw -40.783 -3.048 Td (Total)Tj 1 0.36 0.14 0 k /GS0 gs /T1_1 1 Tf 19.874 0 Td (140)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 13.198 0 Td (157)Tj 0 Tc 0 Tw 7.711 0 Td ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 280.6296 466.5103 cm 0 0 m 51.024 0 l S Q 0.835 w q 1 0 0 1 280.6296 463.1777 cm 0 0 m 51.024 0 l S Q BT 1 0.36 0.14 0 k /T1_1 1 Tf 9.45 0 0 10.5 325.8737 464.0937 Tm ( )Tj ET 2.5 w q 1 0 0 1 342.9918 466.5103 cm 0 0 m 51.024 0 l S Q 0.835 w q 1 0 0 1 342.9918 463.1777 cm 0 0 m 51.024 0 l S Q BT 9.45 0 0 10.5 388.2358 464.0937 Tm ( )Tj ET 2.5 w q 1 0 0 1 405.354 466.5103 cm 0 0 m 51.024 0 l S Q 0.835 w q 1 0 0 1 405.354 463.1777 cm 0 0 m 51.024 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 9.45 0 0 10.5 450.598 464.0937 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 467.7162 466.5103 cm 0 0 m 51.024 0 l S Q 0.835 w q 1 0 0 1 467.7162 463.1777 cm 0 0 m 51.024 0 l S Q BT /GS1 gs 9.45 0 0 10.5 512.9602 464.0937 Tm ( )Tj /T1_1 1 Tf 0.028 Tc 10.5 0 0 10.5 127.5587 430.4182 Tm (Table 5: Analysis of the Company\222s staff by age)Tj ET 0.2 0.072 0.028 0 k /GS0 gs 274.96 413.085 62.362 -48 re 337.322 413.085 62.362 -48 re 274.96 365.085 62.362 -4.01 re 337.322 365.085 62.362 -4.01 re 274.96 361.075 62.362 -16 re 337.322 361.075 62.362 -16 re 274.96 345.075 62.362 -16 re 337.322 345.075 62.362 -16 re 274.96 329.075 62.362 -16 re 337.322 329.075 62.362 -16 re 274.96 313.075 62.362 -18 re 337.322 313.075 62.362 -18 re 274.96 295.075 62.362 -16 re 337.322 295.075 62.362 -16 re 274.96 279.075 62.362 -3.009 re 337.322 279.075 62.362 -3.009 re 274.96 276.066 62.362 -16 re 337.322 276.066 62.362 -16 re 274.96 260.066 62.362 -16 re 337.322 260.066 62.362 -16 re 274.96 244.066 62.362 -7.664 re 337.322 244.066 62.362 -7.664 re 274.96 236.402 62.362 -3.009 re 337.322 236.402 62.362 -3.009 re f BT 0 0 0 1 k /GS1 gs -0.028 Tw 9.45 0 0 10.5 127.5587 366.4182 Tm (No.)Tj 3 0 Td (Age)Tj 1 0.36 0.14 0 k /GS0 gs 14.681 3.048 Td (Number )Tj 0 Tw -0.861 -1.524 Td (of staff in )Tj -0.028 Tw 2.471 -1.524 Td (2018)Tj 3.265 0 Td (Percentage)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.49 3.048 Td (Number )Tj 0 Tw -0.586 -1.524 Td (of staff in )Tj -0.028 Tw 2.029 -1.524 Td (2017)Tj 3.487 0 Td (Percentage)Tj ET 1 w /GS0 gs q 1 0 0 1 127.5587 361.575 cm 0 0 m 28.346 0 l S Q BT /GS1 gs 0 Tc 0 Tw 9.45 0 0 10.5 127.5587 362.4085 Tm ( )Tj ET /GS0 gs q 1 0 0 1 155.9051 361.575 cm 0 0 m 119.055 0 l S Q BT /GS1 gs 9.45 0 0 10.5 155.9051 362.4085 Tm ( )Tj ET /GS0 gs q 1 0 0 1 274.9602 361.575 cm 0 0 m 62.362 0 l S Q BT 1 0.36 0.14 0 k /T1_1 1 Tf 9.45 0 2.8135 10.5 325.8735 362.4085 Tm ( )Tj ET q 1 0 0 1 337.3224 361.575 cm 0 0 m 62.362 0 l S Q BT 9.45 0 2.8135 10.5 388.2357 362.4085 Tm ( )Tj ET q 1 0 0 1 399.6846 361.575 cm 0 0 m 62.362 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 9.45 0 2.8135 10.5 450.5979 362.4085 Tm ( )Tj ET /GS0 gs q 1 0 0 1 462.0468 361.575 cm 0 0 m 62.362 0 l S Q BT /GS1 gs 9.45 0 0 10.5 512.9601 362.4085 Tm ( )Tj -40.783 -3.048 Td (1)Tj 0.028 Tc 3 0 Td (56 years old and above)Tj 1 0.36 0.14 0 k /GS0 gs /T1_1 1 Tf 0 Tc 18.042 0 Td (8)Tj 0.028 Tc -0.028 Tw 4.209 0 Td (5.71%)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0 Tc 0 Tw 8.989 0 Td (7)Tj 0.028 Tc -0.028 Tw 4.209 0 Td (4.46%)Tj 0 Tc 0 Tw -38.449 -1.524 Td (2)Tj 0.028 Tc 3 0 Td (46\22655 years old)Tj 1 0.36 0.14 0 k /GS0 gs /T1_1 1 Tf -0.028 Tw 17.458 0 Td (34)Tj 4.209 0 Td (24.29%)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.989 0 Td (34)Tj 4.209 0 Td (21.66%)Tj 0 Tc 0 Tw -37.865 -1.714 Td (3)Tj 0.028 Tc 3 0 Td (36\22645 years old)Tj 1 0.36 0.14 0 k /GS0 gs /T1_1 1 Tf -0.028 Tw 17.458 0 Td (46)Tj 4.209 0 Td (32.86%)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.989 0 Td (53)Tj 4.209 0 Td (33.76%)Tj 0 Tc 0 Tw -37.865 -1.524 Td (4)Tj 0.028 Tc 3 0 Td (35 years old and below)Tj 1 0.36 0.14 0 k /GS0 gs /T1_1 1 Tf -0.028 Tw 17.458 0 Td (52)Tj 4.209 0 Td (37.14%)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.989 0 Td (63)Tj 4.209 0 Td (40.13%)Tj ET 0.5 w /GS0 gs q 1 0 0 1 280.6294 276.316 cm 0 0 m 51.024 0 l S Q BT 1 0.36 0.14 0 k /T1_1 1 Tf 0 Tc 0 Tw 9.45 0 0 10.5 325.8734 277.3995 Tm ( )Tj ET q 1 0 0 1 342.9915 276.316 cm 0 0 m 51.024 0 l S Q BT 9.45 0 0 10.5 388.2356 277.3995 Tm ( )Tj ET q 1 0 0 1 405.3537 276.316 cm 0 0 m 51.024 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 9.45 0 0 10.5 450.5978 277.3995 Tm ( )Tj ET /GS0 gs q 1 0 0 1 467.7159 276.316 cm 0 0 m 51.024 0 l S Q BT /GS1 gs 9.45 0 0 10.5 512.96 277.3995 Tm ( )Tj -40.783 -1.524 Td ( )Tj 1 0.36 0.14 0 k /GS0 gs /T1_1 1 Tf 20.986 0 Td ( )Tj 6.599 0 Td ( )Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 6.599 0 Td ( )Tj 6.599 0 Td ( )Tj 0.028 Tc -0.028 Tw -40.783 -1.524 Td (Total)Tj 1 0.36 0.14 0 k /GS0 gs /T1_1 1 Tf 19.874 0 Td (140)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 13.198 0 Td (157)Tj ET 2.5 w /GS0 gs q 1 0 0 1 280.6292 240.1524 cm 0 0 m 51.024 0 l S Q 0.835 w q 1 0 0 1 280.6292 236.8199 cm 0 0 m 51.024 0 l S Q BT 1 0.36 0.14 0 k /T1_1 1 Tf 0 Tc 0 Tw 9.45 0 0 10.5 325.8733 237.7359 Tm ( )Tj ET 2.5 w q 1 0 0 1 342.9914 240.1524 cm 0 0 m 51.024 0 l S Q 0.835 w q 1 0 0 1 342.9914 236.8199 cm 0 0 m 51.024 0 l S Q BT 9.45 0 0 10.5 388.2355 237.7359 Tm ( )Tj ET 2.5 w q 1 0 0 1 405.3536 240.1524 cm 0 0 m 51.024 0 l S Q 0.835 w q 1 0 0 1 405.3536 236.8199 cm 0 0 m 51.024 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 9.45 0 0 10.5 450.5977 237.7359 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 467.7158 240.1524 cm 0 0 m 51.024 0 l S Q 0.835 w q 1 0 0 1 467.7158 236.8199 cm 0 0 m 51.024 0 l S Q BT /GS1 gs 9.45 0 0 10.5 512.9598 237.7359 Tm ( )Tj ET endstreamendobj1369 0 obj<>endobj1366 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT 1 0.36 0.14 0 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 536.9537 33.8036 Tm (127)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT 0 0 0 1 k /GS1 gs /T1_1 1 Tf 0 Tw 10.5 0 0 10.5 127.5591 672.7761 Tm (Table 2: Analysis of the Group\222s staff by academic qualifications)Tj ET 0.2 0.072 0.028 0 k /GS0 gs 274.961 655.443 62.362 -48 re 337.323 655.443 62.362 -48 re 274.961 607.443 62.362 -4.01 re 337.323 607.443 62.362 -4.01 re 274.961 603.433 62.362 -16 re 337.323 603.433 62.362 -16 re 274.961 587.433 62.362 -16 re 337.323 587.433 62.362 -16 re 274.961 571.433 62.362 -16 re 337.323 571.433 62.362 -16 re 274.961 555.433 62.362 -18 re 337.323 555.433 62.362 -18 re 274.961 537.433 62.362 -32 re 337.323 537.433 62.362 -32 re 274.961 505.433 62.362 -3.009 re 337.323 505.433 62.362 -3.009 re 274.961 502.424 62.362 -16 re 337.323 502.424 62.362 -16 re 274.961 486.424 62.362 -16 re 337.323 486.424 62.362 -16 re 274.961 470.424 62.362 -7.664 re 337.323 470.424 62.362 -7.664 re 274.961 462.76 62.362 -3.009 re 337.323 462.76 62.362 -3.009 re f BT 0 0 0 1 k /GS1 gs -0.028 Tw 9.45 0 0 10.5 127.559 608.7761 Tm (No.)Tj 0 Tw 3 0 Td (Academic qualifications)Tj 1 0.36 0.14 0 k /GS0 gs -0.028 Tw 14.681 3.048 Td (Number )Tj 0 Tw -0.861 -1.524 Td (of staff in )Tj -0.028 Tw 2.471 -1.524 Td (2018)Tj 3.265 0 Td (Percentage)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 8.49 3.048 Td (Number )Tj 0 Tw -0.586 -1.524 Td (of staff in )Tj -0.028 Tw 2.029 -1.524 Td (2017)Tj 3.487 0 Td (Percentage)Tj ET 1 0.36 0.14 0 K /GS0 gs q 1 0 0 1 127.559 603.9329 cm 0 0 m 28.346 0 l S Q BT /GS1 gs 0 Tc 0 Tw 9.45 0 0 10.5 127.559 604.7664 Tm ( )Tj ET /GS0 gs q 1 0 0 1 155.9055 603.9329 cm 0 0 m 119.055 0 l S Q BT /GS1 gs 9.45 0 0 10.5 155.9055 604.7664 Tm ( )Tj ET /GS0 gs q 1 0 0 1 274.9606 603.9329 cm 0 0 m 62.362 0 l S Q BT 1 0.36 0.14 0 k /T1_1 1 Tf 9.45 0 2.8135 10.5 325.8739 604.7664 Tm ( )Tj ET q 1 0 0 1 337.3228 603.9329 cm 0 0 m 62.362 0 l S Q BT 9.45 0 2.8135 10.5 388.2361 604.7664 Tm ( )Tj ET q 1 0 0 1 399.6849 603.9329 cm 0 0 m 62.362 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 9.45 0 2.8135 10.5 450.5983 604.7664 Tm ( )Tj ET /GS0 gs q 1 0 0 1 462.0471 603.9329 cm 0 0 m 62.362 0 l S Q BT /GS1 gs 9.45 0 0 10.5 512.9604 604.7664 Tm ( )Tj -40.783 -3.048 Td (1)Tj 0.028 Tc 3 0 Td (Postgraduate and above)Tj 1 0.36 0.14 0 k /GS0 gs /T1_1 1 Tf -0.028 Tw 16.874 0 Td (458)Tj 5.377 0 Td (6.02%)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.822 0 Td (426)Tj 5.377 0 Td (5.67%)Tj 0 Tc 0 Tw -38.449 -1.524 Td (2)Tj 0.028 Tc -0.028 Tw 3 0 Td (Undergraduate)Tj 1 0.36 0.14 0 k /GS0 gs /T1_1 1 Tf 15.984 0 Td (4,178)Tj 5.682 0 Td (54.90%)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.516 0 Td (3,922)Tj 5.682 0 Td (52.16%)Tj 0 Tc 0 Tw -37.865 -1.714 Td (3)Tj 0.028 Tc 3 0 Td (College diploma)Tj 1 0.36 0.14 0 k /GS0 gs /T1_1 1 Tf -0.028 Tw 15.984 0 Td (1,717)Tj 5.682 0 Td (22.56%)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.516 0 Td (1,745)Tj 5.682 0 Td (23.21%)Tj 0 Tc 0 Tw -37.865 -3.048 Td (4)Tj 0.028 Tc 3 1.524 Td (Technical secondary )Tj 1.11 -1.524 Td (school and below)Tj 1 0.36 0.14 0 k /GS0 gs /T1_1 1 Tf -0.028 Tw 14.875 0 Td (1,257)Tj 5.682 0 Td (16.52%)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.516 0 Td (1,426)Tj 5.682 0 Td (18.97%)Tj ET 0.5 w /GS0 gs q 1 0 0 1 280.6298 502.6738 cm 0 0 m 51.024 0 l S Q BT 1 0.36 0.14 0 k /T1_1 1 Tf 0 Tc 0 Tw 9.45 0 0 10.5 325.8738 503.7573 Tm ( )Tj ET q 1 0 0 1 342.9919 502.6738 cm 0 0 m 51.024 0 l S Q BT 9.45 0 0 10.5 388.236 503.7573 Tm ( )Tj ET q 1 0 0 1 405.3541 502.6738 cm 0 0 m 51.024 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 9.45 0 0 10.5 450.5981 503.7573 Tm ( )Tj ET /GS0 gs q 1 0 0 1 467.7163 502.6738 cm 0 0 m 51.024 0 l S Q BT /GS1 gs 9.45 0 0 10.5 512.9603 503.7573 Tm ( )Tj 0.028 Tc -0.028 Tw -40.783 -3.048 Td (Total)Tj 1 0.36 0.14 0 k /GS0 gs /T1_1 1 Tf 18.598 0 Td (7,610)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 13.198 0 Td (7,519)Tj 0 Tc 0 Tw 8.987 0 Td ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 280.6296 466.5103 cm 0 0 m 51.024 0 l S Q 0.835 w q 1 0 0 1 280.6296 463.1777 cm 0 0 m 51.024 0 l S Q BT 1 0.36 0.14 0 k /T1_1 1 Tf 9.45 0 0 10.5 325.8737 464.0937 Tm ( )Tj ET 2.5 w q 1 0 0 1 342.9918 466.5103 cm 0 0 m 51.024 0 l S Q 0.835 w q 1 0 0 1 342.9918 463.1777 cm 0 0 m 51.024 0 l S Q BT 9.45 0 0 10.5 388.2358 464.0937 Tm ( )Tj ET 2.5 w q 1 0 0 1 405.354 466.5103 cm 0 0 m 51.024 0 l S Q 0.835 w q 1 0 0 1 405.354 463.1777 cm 0 0 m 51.024 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 9.45 0 0 10.5 450.598 464.0937 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 467.7162 466.5103 cm 0 0 m 51.024 0 l S Q 0.835 w q 1 0 0 1 467.7162 463.1777 cm 0 0 m 51.024 0 l S Q BT /GS1 gs 9.45 0 0 10.5 512.9602 464.0937 Tm ( )Tj /T1_1 1 Tf 0.028 Tc 10.5 0 0 10.5 127.5587 430.4182 Tm (Table 3: Analysis of the Group\222s staff by age)Tj ET 0.2 0.072 0.028 0 k /GS0 gs 274.96 413.085 62.362 -48 re 337.322 413.085 62.362 -48 re 274.96 365.085 62.362 -4.01 re 337.322 365.085 62.362 -4.01 re 274.96 361.075 62.362 -16 re 337.322 361.075 62.362 -16 re 274.96 345.075 62.362 -16 re 337.322 345.075 62.362 -16 re 274.96 329.075 62.362 -16 re 337.322 329.075 62.362 -16 re 274.96 313.075 62.362 -18 re 337.322 313.075 62.362 -18 re 274.96 295.075 62.362 -16 re 337.322 295.075 62.362 -16 re 274.96 279.075 62.362 -3.009 re 337.322 279.075 62.362 -3.009 re 274.96 276.066 62.362 -16 re 337.322 276.066 62.362 -16 re 274.96 260.066 62.362 -16 re 337.322 260.066 62.362 -16 re 274.96 244.066 62.362 -7.664 re 337.322 244.066 62.362 -7.664 re 274.96 236.402 62.362 -3.009 re 337.322 236.402 62.362 -3.009 re f BT 0 0 0 1 k /GS1 gs -0.028 Tw 10.5 0 0 10.5 127.5587 366.4182 Tm (No.)Tj 2.7 0 Td (Age)Tj 1 0.36 0.14 0 k /GS0 gs 12.821 3.048 Td (Number )Tj 0 Tw -0.861 -1.524 Td (of staff in )Tj -0.028 Tw 2.471 -1.524 Td (2018)Tj 2.847 0 Td (Percentage)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.589 3.048 Td (Number )Tj 0 Tw -0.586 -1.524 Td (of staff in )Tj -0.028 Tw 2.029 -1.524 Td (2017)Tj 2.847 0 Td (Percentage)Tj ET 1 w /GS0 gs q 1 0 0 1 127.5587 361.575 cm 0 0 m 28.346 0 l S Q BT /GS1 gs 0 Tc 0 Tw 10.5 0 0 10.5 127.5587 362.4085 Tm ( )Tj ET /GS0 gs q 1 0 0 1 155.9051 361.575 cm 0 0 m 119.055 0 l S Q BT /GS1 gs 10.5 0 0 10.5 155.9051 362.4085 Tm ( )Tj ET /GS0 gs q 1 0 0 1 274.9602 361.575 cm 0 0 m 62.362 0 l S Q BT 1 0.36 0.14 0 k /T1_1 1 Tf 10.5 0 2.8135 10.5 325.2314 362.4085 Tm ( )Tj ET q 1 0 0 1 337.3224 361.575 cm 0 0 m 62.362 0 l S Q BT 10.5 0 2.8135 10.5 387.5936 362.4085 Tm ( )Tj ET q 1 0 0 1 399.6846 361.575 cm 0 0 m 62.362 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 2.8135 10.5 449.9557 362.4085 Tm ( )Tj ET /GS0 gs q 1 0 0 1 462.0468 361.575 cm 0 0 m 62.362 0 l S Q BT /GS1 gs 10.5 0 0 10.5 512.318 362.4085 Tm ( )Tj -36.644 -3.048 Td (1)Tj 0.028 Tc 2.7 0 Td (56 years old and above)Tj 1 0.36 0.14 0 k /GS0 gs /T1_1 1 Tf -0.028 Tw 15.014 0 Td (205)Tj 4.717 0 Td (2.69%)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 7.162 0 Td (256)Tj 4.717 0 Td (3.40%)Tj 0 Tc 0 Tw -34.309 -1.524 Td (2)Tj 0.028 Tc 2.7 0 Td (46\22655 years old)Tj 1 0.36 0.14 0 k /GS0 gs /T1_1 1 Tf -0.028 Tw 14.125 0 Td (1,247)Tj 5.022 0 Td (16.39%)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 6.856 0 Td (1,239)Tj 5.022 0 Td (16.48%)Tj 0 Tc 0 Tw -33.725 -1.714 Td (3)Tj 0.028 Tc 2.7 0 Td (36\22645 years old)Tj 1 0.36 0.14 0 k /GS0 gs /T1_1 1 Tf -0.028 Tw 14.125 0 Td (1,417)Tj 5.022 0 Td (18.62%)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 6.856 0 Td (1,402)Tj 5.022 0 Td (18.65%)Tj 0 Tc 0 Tw -33.725 -1.524 Td (4)Tj 0.028 Tc 2.7 0 Td (35 years old and below)Tj 1 0.36 0.14 0 k /GS0 gs /T1_1 1 Tf -0.028 Tw 14.125 0 Td (4,741)Tj 5.022 0 Td (62.30%)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 6.856 0 Td (4,622)Tj 5.022 0 Td (61.47%)Tj ET 0.5 w /GS0 gs q 1 0 0 1 280.6295 276.316 cm 0 0 m 51.024 0 l S Q BT 1 0.36 0.14 0 k /T1_1 1 Tf 0 Tc 0 Tw 10.5 0 0 10.5 325.2314 277.3995 Tm ( )Tj ET q 1 0 0 1 342.9917 276.316 cm 0 0 m 51.024 0 l S Q BT 10.5 0 0 10.5 387.5936 277.3995 Tm ( )Tj ET q 1 0 0 1 405.3539 276.316 cm 0 0 m 51.024 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 0 10.5 449.9557 277.3995 Tm ( )Tj ET /GS0 gs q 1 0 0 1 467.7161 276.316 cm 0 0 m 51.024 0 l S Q BT /GS1 gs 10.5 0 0 10.5 512.318 277.3995 Tm ( )Tj 0.028 Tc -0.028 Tw -36.644 -3.048 Td (Total)Tj 1 0.36 0.14 0 k /GS0 gs /T1_1 1 Tf 16.824 0 Td (7,610)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 11.879 0 Td (7,519)Tj 0 Tc 0 Tw 7.941 0 Td ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 280.6295 240.1524 cm 0 0 m 51.024 0 l S Q 0.835 w q 1 0 0 1 280.6295 236.8199 cm 0 0 m 51.024 0 l S Q BT 1 0.36 0.14 0 k /T1_1 1 Tf 10.5 0 0 10.5 325.2314 237.7359 Tm ( )Tj ET 2.5 w q 1 0 0 1 342.9917 240.1524 cm 0 0 m 51.024 0 l S Q 0.835 w q 1 0 0 1 342.9917 236.8199 cm 0 0 m 51.024 0 l S Q BT 10.5 0 0 10.5 387.5936 237.7359 Tm ( )Tj ET 2.5 w q 1 0 0 1 405.3539 240.1524 cm 0 0 m 51.024 0 l S Q 0.835 w q 1 0 0 1 405.3539 236.8199 cm 0 0 m 51.024 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 0 10.5 449.9557 237.7359 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 467.7161 240.1524 cm 0 0 m 51.024 0 l S Q 0.835 w q 1 0 0 1 467.7161 236.8199 cm 0 0 m 51.024 0 l S Q BT /GS1 gs 10.5 0 0 10.5 512.318 237.7359 Tm ( )Tj ET endstreamendobj1367 0 obj<>endobj1364 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT 1 0.36 0.14 0 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 37.6388 33.8036 Tm (126)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT 0 0 0 0.8 k /T1_1 1 Tf 0 Tw 11.5 0 0 11.5 99.2126 672.0581 Tm [(3.2 )-685.5 (Employment Norms)]TJ 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.027 Tc 10.5 0 0 10.5 127.5591 640.0581 Tm (The Group strictly abides by the Labour Contract Law )Tj /C0_0 1 Tf -0.027 Tw 25.325 0 Td [<0090>64.1 <0BF60A1703A5039D062C>64.1 <0091>]TJ /T1_2 1 Tf 0 Tw 6.675 0 Td [( in its labour)-0.8 ( )]TJ 0.035 Tc 0.085 Tw -32 -1.524 Td [(and)7.2 ( )0.5 (employment)7.2 ( poli)0.5 (cies)7.2 ( and)7.2 ( )0.5 (has)7.2 ( )0.5 (formulated)7.2 ( the)7.2 ( )0.5 (Administrative)7.2 ( )0.5 (Measures)7.2 ( )0.5 (for)7.2 ( )]TJ 0.028 Tc 0.038 Tw 0 -1.524 TD (Employment \()Tj /C0_0 1 Tf -0.028 Tw <0BF60A17035C0288104D0B23136C062C>Tj /T1_2 1 Tf 0.038 Tw [(\) )0.5 (based )0.5 (on )0.5 (the )0.5 (Labour )0.5 (Contract )0.5 (Law. )0.5 (The )0.5 (Group )]TJ 0.046 Tc 0.078 Tw T* [(adopts)13.8 ( campus)13.8 ( recruitment)13.8 ( for)13.8 ( fresh)13.8 ( graduates)13.8 ( and)13.8 ( social)13.8 ( open)13.8 ( recruitment)18.2 ( )]TJ 0.041 Tc 0.079 Tw T* [(and)13.2 ( )0.5 (carries)13.2 ( out)13.2 ( )0.5 (checks)13.2 ( )0.5 (and)13.2 ( )0.5 (verifications)13.3 ( 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In the construction of wind farms, the Group stren\gthened )Tj 0.084 Tc 0.078 Tw 0 -1.429 TD [(its)13.8 ( equipment)13.8 ( maintenance)13.8 ( to)13.8 ( lubricate)13.7 ( machinery)13.8 (,)13.8 ( reduce)13.8 ( the)13.8 ( noise)13.8 ( of)56.2 ( )]TJ 0.028 Tc 0.031 Tw T* (excavators, concrete mixers and bulldozers, and minimize the noise cause\d by )Tj 0.014 Tw T* (the maintenance of construction equipment. After the completion of wind \farms, )Tj 0.008 Tw 0 -1.429 TD (attention was paid to the reduction of mechanical noise in units caused \by wind )Tj 0.043 Tc 0.078 Tw 0 -1.429 TD [(turbines)13.5 ( in)13.5 ( operation)13.6 (.)13.5 ( Our)13.6 ( noise)13.5 ( control)13.6 ( in)13.6 ( these)13.5 ( two)13.6 ( aspects)13.6 ( meet)13.6 ( the)13.6 ( Class)15.2 ( )]TJ 0.036 Tc 0.084 Tw T* [(I)8.2 ( )0.5 (standards)8.2 ( )0.5 (on)8.2 ( noise)8.2 ( )0.5 (in)8.2 ( daytime)8.2 ( and)8.2 ( at)8.2 ( )0.5 (night)8.2 ( )0.5 (under)8.2 ( )0.5 (the)8.2 ( )0.5 (Environmental)8.3 ( Quality)8.2 ( )]TJ 0.047 Tc 0.078 Tw T* [(Standard)14.1 ( for)14.1 ( Noise)14.1 ( \()]TJ /C0_0 1 Tf 0.033 Tc -0.033 Tw 9.73 0 Td [<0090>64.1 <144A14110FA4122F0D8E117A0E5F>64.1 <0091>]TJ /T1_1 1 Tf 0.092 Tw 8.782 0 Td [(\) \(G)-13.8 (B3096\2262008\), c)-13.8 (a)-13.8 (u)-13.8 (s)-13.8 (i)-13.8 (n)-13.8 (g n)-13.8 (o i)-13.8 (n)-13.8 (f)-13.8 (l)-13.8 (u)-13.8 (e)-13.8 (n)-13.7 (c)-13.8 (e)5.2 ( )]TJ 0.028 Tc 0 Tw -18.513 -1.429 Td (on surrounding residents.)Tj 0.063 Tc 0.078 Tw 0 -2.857 TD [(Protection)13.6 ( of)13.6 ( creatures)13.6 (.)13.5 ( During)13.5 ( the)13.6 ( development)13.5 ( and)13.6 ( construction)13.6 ( of)13.6 ( wind)35.2 ( )]TJ 0.028 Tc 0.069 Tw 0 -1.429 TD (farms, the Group emphasized the control over the influence of wind turbi\ne on )Tj 0.036 Tc 0.084 Tw 0 -1.429 TD [(th)0.5 (e)8.2 ( m)0.5 (igr)0.5 (ati)0.5 (on)8.2 ( )0.5 (of)8.2 ( )0.5 (bi)0.5 (rds)8.2 ( )0.5 (an)0.5 (d)8.2 ( e)0.5 (nsu)0.5 (red)8.2 ( )0.5 (su)0.5 (ffi)0.5 (ci)0.5 (ent)8.2 ( )0.5 (sp)0.5 (ace)8.2 ( )0.5 (bet)0.5 (we)0.5 (en)8.2 ( )0.5 (win)0.5 (d)8.2 ( t)0.5 (urb)0.5 (in)0.5 (es)8.2 ( )0.5 (to)8.2 ( )]TJ 0.028 Tc 0.058 Tw T* (allow safe passage of birds. In addition, warning colors were used to mi\nimize )Tj 0.069 Tc 0.078 Tw T* [(the)13.6 ( probability)13.6 ( of)13.6 ( hit)13.6 ( of)13.6 ( birds)13.6 ( against)13.7 ( blades)13.6 ( at)13.6 ( night)13.6 (.)13.6 ( In)13.6 ( the)13.7 ( construction)41.2 ( )]TJ 0.055 Tc 0.077 Tw T* [(a)0.5 (n)0.5 (d)14.3 ( o)0.5 (pe)0.5 (r)0.5 (a)0.5 (t)0.5 (i)0.5 (on)14.4 ( o)0.5 (f)14.4 ( o)0.5 (f)0.5 (f)0.5 (s)0.5 (ho)0.5 (r)0.5 (e)14.4 ( w)0.5 (i)0.5 (n)0.5 (d)14.4 ( f)0.5 (a)0.5 (rm)0.5 (s)14.4 (,)14.4 ( w)0.5 (e)14.4 ( a)0.5 (t)0.5 (t)0.5 (ac)0.5 (h)0.5 (e)0.5 (d)14.4 ( g)0.5 (r)0.5 (e)0.5 (at)14.4 ( i)0.5 (m)0.5 (p)0.5 (o)0.5 (r)0.5 (t)0.5 (an)0.5 (c)0.5 (e)14.4 ( t)0.5 (o)14.4 ( t)0.5 (h)0.5 (e)27.1 ( )]TJ 0.051 Tc 0.078 Tw T* [(protection)13.6 ( of)13.6 ( marine)13.6 ( and)13.5 ( fishery)13.6 ( resources)13.6 ( and)13.6 ( promoted)13.6 ( the)13.6 ( breeding)13.6 ( and)23.2 ( )]TJ 0.028 Tc 0.028 Tw T* (growth of fish resources by way of freeing fries regularly. Meanwhile, w\e kept a )Tj 0.006 Tw 0 -1.429 TD (close eye on the changes in biological resources in the reservoir areas \in which )Tj 0 Tw 0 -1.429 TD (tidal power plants are located to ensure normal growth of relevant creat\ures.)Tj 0.052 Tc 0.078 Tw 0 -2.857 TD [(Insisting)14 ( on)14 ( green)14 ( operation)14 (.)14 ( In)14 ( addition)14 ( to)14 ( effective)14 ( control)14 ( of)13.9 ( noise)14 (,)14 ( sulfur)24.2 ( )]TJ 0.044 Tc 0.077 Tw 0 -1.429 TD [(d)0.5 (i)0.6 (o)0.5 (x)0.6 (i)0.5 (d)0.6 (e)14.4 ( e)0.5 (m)0.6 (i)0.5 (s)0.6 (s)0.5 (i)0.6 (o)0.5 (n)14.4 (,)14.5 ( e)0.5 (t)0.5 (c)14.5 (.)14.4 (,)14.5 ( t)0.6 (h)0.5 (e)14.5 ( G)0.6 (r)0.5 (o)0.6 (u)0.5 (p)14.4 ( b)0.6 (u)0.5 (i)0.6 (l)0.5 (t)14.5 ( a)14.5 ( c)0.5 (l)0.6 (e)0.5 (a)0.5 (n)14.5 ( d)0.5 (e)0.6 (v)0.5 (e)0.5 (l)0.6 (o)0.5 (p)0.6 (m)0.5 (e)0.5 (n)0.6 (t)14.4 ( m)0.6 (e)0.5 (c)0.5 (h)0.6 (a)0.5 (n)0.5 (i)0.6 (s)0.5 (m)14.5 ( a)0.5 (n)0.5 (d)16.2 ( )]TJ 0.039 Tc 0.081 Tw T* [(proceeded)11.2 ( )0.5 (with)11.2 ( )0.5 (greening)11.3 ( operation)11.2 ( to)11.2 ( protect)11.2 ( )0.5 (the)11.2 ( )0.5 (vegetation)11.2 (,)11.2 ( striving)11.2 ( )0.5 (to)11.2 ( offer)11.2 ( )]TJ 0.028 Tc 0 Tw T* (green power to the society and protect the environment in a proactive ma\nner.)Tj 0.064 Tc 0.077 Tw 0 -2.857 TD [(2)36.2 (.)36.2 (3)36.2 (.)36.2 (1)36.2 ( )82.3 (I)0.5 (n)14.5 ( o)0.5 (r)0.6 (d)0.5 (e)0.5 (r)14.5 ( t)0.5 (o)14.5 ( d)0.6 (e)0.5 (e)0.5 (p)0.5 (l)0.6 (y)14.4 ( i)0.5 (m)0.5 (p)0.6 (l)0.5 (e)0.5 (m)0.6 (e)0.5 (n)0.5 (t)14.4 ( t)0.5 (h)0.5 (e)14.5 ( g)0.6 (u)0.5 (i)0.5 (d)0.5 (i)0.6 (n)0.5 (g)14.4 ( p)0.5 (r)0.6 (i)0.5 (n)0.5 (c)0.5 (i)0.6 (p)0.5 (l)0.5 (e)0.6 (s)14.4 ( o)0.6 (f)14.4 ( t)0.5 (h)0.5 (e)14.4 ( 1)14.4 (9)14.4 (t)0.6 (h)14.4 ( C)0.5 (P)0.5 (C)36.2 ( )]TJ 0.028 Tc 0.037 Tw 2.7 -1.429 Td (National Congress and promote the activities of \223Volunteer Program \(\)Tj /C0_0 1 Tf -0.028 Tw <049B15F4>Tj 0.025 Tc -0.025 Tw 0 -1.429 TD <066B03AF04110A17>Tj /T1_1 1 Tf 0 Tw [(\)\224, the Youth League branch of Daiqintala wind farm of Mengdong)-2.8 ( )]TJ 0.029 Tc 0.091 Tw T* [(L)0.6 (o)0.5 (n)0.6 (g)0.5 (y)0.6 (u)0.5 (a)0.6 (n)1.2 ( )0.5 (o)0.5 (r)0.6 (g)0.5 (a)0.6 (n)0.5 (i)0.6 (s)0.6 (e)0.5 (d)1.2 ( )0.5 (t)0.6 (h)0.5 (e)1.2 ( )0.5 (a)0.5 (c)0.6 (t)0.6 (i)0.5 (v)0.6 (i)0.6 (t)0.5 (y)1.2 ( )0.5 (o)0.5 (f)1.3 ( \223)1.2 (e)0.6 (l)0.6 (i)0.5 (m)0.6 (i)0.6 (n)0.5 (a)0.6 (t)0.5 (i)0.6 (n)0.5 (g)1.3 ( w)0.6 (h)0.6 (i)0.5 (t)0.6 (e)1.2 ( )0.5 (t)0.5 (r)0.6 (a)0.5 (s)0.6 (h)1.2 ( )0.5 (a)0.5 (n)0.6 (d)1.2 ( )0.5 (r)0.5 (e)0.6 (s)0.5 (t)0.6 (o)0.5 (r)0.6 (i)0.5 (n)0.6 (g)1.2 ( )]TJ 0.028 Tc 0.09 Tw T* (clean villages\224 for the surrounding villagers, which was highly appra\ised )Tj 0 Tw T* (by local villagers.)Tj ET q 202.31 66.199 190.655 126.903 re W n q /GS0 gs 190.6553813 0 0 127.9476278 202.3101044 66.1990135 cm /Im0 Do Q Q endstreamendobj1425 0 obj<>endobj1426 0 obj<>stream Adobed    '$''''$25552;;;;;;;;;;   ####''',,,   ####''',,,   ####''',,, ""   w!1"AQaq#2B$3CR b%&'()*456789:DEFGHIJSTUVWXYZcdefghijrstuvwxyz}!1A"Qaq2B#R3b $%&'()*456789:CDEFGHIJSTUVWXYZcdefghijrstuvwxyz?q ֆ3C/[YYYY^{N=c+6VVVV(yc41j+ywMkmeeeeaʢ<q" "nCYXc82k VVVVV1K汜jMH^2k6VVVVՌV3`sGRDlA _&2k{k+++(P ? 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Q 0.835 w q 1 0 0 1 371.3385 444.6495 cm 0 0 m 39.685 0 l S Q BT 7.875 0 0 10.5 406.2072 445.5655 Tm ( )Tj ET 2.5 w q 1 0 0 1 422.3621 447.982 cm 0 0 m 45.354 0 l S Q 0.835 w q 1 0 0 1 422.3621 444.6495 cm 0 0 m 45.354 0 l S Q BT 7.875 0 0 10.5 416.6928 445.5655 Tm ( )Tj ET 2.5 w q 1 0 0 1 479.055 447.982 cm 0 0 m 39.685 0 l S Q 0.835 w q 1 0 0 1 479.055 444.6495 cm 0 0 m 39.685 0 l S Q BT 7.875 0 0 10.5 473.3857 445.5655 Tm ( )Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 0.028 Tc -0.028 Tw 8.4 0 0 10.5 70.866 415.899 Tm (2017)Tj /C0_0 1 Tf 0 Tc 0 Tw 11.474 0 Td <0063>Tj /T1_1 1 Tf 0.028 Tc 15.431 0 Td (Consumption or decrease in consumption)Tj ET 0.5 w /GS0 gs q 1 0 0 1 240.9447 411.8064 cm 0 0 m 277.795 0 l S Q BT /GS1 gs 0 Tc 0.028 Tw 8.4 0 0 10.5 272.9236 412.8899 Tm ( )Tj 0.028 Tc -0.028 Tw -8.046 -1.476 Td (Power)Tj 0 Tw -2.447 -1.476 Td ( generation)Tj -0.028 Tw 9.128 1.476 Td (Standard )Tj 2.333 -1.476 Td (coal)Tj 8.193 0 Td (CO)Tj 0 Tc 0 Tw 4.8972 0 0 6.1215 362.9463 380.3149 Tm (2)Tj 0.028 Tc -0.028 Tw 8.4 0 0 10.5 401.8353 381.8899 Tm (SO)Tj 0 Tc 0 Tw 4.8972 0 0 6.1215 413.9699 380.3149 Tm (2)Tj 0.028 Tc -0.028 Tw 8.4 0 0 10.5 422.9112 381.8899 Tm (Oxynitrides)Tj 9.269 0 Td (Dust)Tj 8.4 0 2.8135 10.5 208.9265 364.8899 Tm (MWh)Tj 7.541 0 Td (Tonne)Tj 8.099 0 Td (Tonne)Tj 6.074 0 Td (Tonne)Tj 6.074 0 Td (Tonne)Tj 6.074 0 Td (Tonne)Tj ET 1 w /GS0 gs q 1 0 0 1 70.8659 360.5485 cm 0 0 m 96.378 0 l S Q BT /GS1 gs 0 Tc 0.028 Tw 8.4 0 0 10.5 70.8659 361.382 Tm ( )Tj ET /GS0 gs q 1 0 0 1 167.2439 360.5485 cm 0 0 m 68.031 0 l S Q BT /GS1 gs 8.4 0 0 10.5 204.8921 361.382 Tm ( )Tj ET /GS0 gs q 1 0 0 1 235.2754 360.5485 cm 0 0 m 68.031 0 l S Q BT /GS1 gs 8.4 0 0 10.5 272.9236 361.382 Tm ( )Tj ET /GS0 gs q 1 0 0 1 303.3069 360.5485 cm 0 0 m 68.031 0 l S Q BT /GS1 gs 8.4 0 0 10.5 340.9551 361.382 Tm ( )Tj ET /GS0 gs q 1 0 0 1 371.3384 360.5485 cm 0 0 m 51.024 0 l S Q BT /GS1 gs 8.4 0 0 10.5 408.9866 361.382 Tm ( )Tj ET /GS0 gs q 1 0 0 1 422.362 360.5485 cm 0 0 m 51.024 0 l S Q BT /GS1 gs 8.4 0 0 10.5 460.0102 361.382 Tm ( )Tj ET /GS0 gs q 1 0 0 1 473.3856 360.5485 cm 0 0 m 51.024 0 l S Q BT /GS1 gs 8.4 0 0 10.5 511.0338 361.382 Tm ( )Tj 0.028 Tc 0 Tw -52.401 -3.19 Td (Wind power and other )Tj 1.181 -1.476 Td (renewable energy )Tj -0.028 Tw T* (sources)Tj 12.462 0 Td (35,067,416)Tj 7.738 0 Td (-12,320,567)Tj 8.099 0 Td (-34,275,144)Tj 8.715 0 Td (-2,162)Tj 6.074 0 Td (-5,756)Tj 6.964 0 Td (-187)Tj 0 Tw -51.234 -1.476 Td (Coal power)Tj -0.028 Tw 13.643 0 Td (10,515,483)Tj 8.683 0 Td (3,694,504)Tj 7.515 0 Td (10,277,908)Tj 9.605 0 Td (648)Tj 5.185 0 Td (1,726)Tj 7.548 0 Td (56)Tj ET 0.5 w /GS0 gs q 1 0 0 1 172.9132 277.2894 cm 0 0 m 56.693 0 l S Q BT /GS1 gs 0 Tc 0.028 Tw 8.4 0 0 10.5 221.9 278.3729 Tm ( )Tj ET /GS0 gs q 1 0 0 1 240.9447 277.2894 cm 0 0 m 56.693 0 l S Q BT /GS1 gs 8.4 0 0 10.5 289.9315 278.3729 Tm ( )Tj ET /GS0 gs q 1 0 0 1 308.9762 277.2894 cm 0 0 m 56.693 0 l S Q BT /GS1 gs 8.4 0 0 10.5 357.963 278.3729 Tm ( )Tj ET /GS0 gs q 1 0 0 1 377.0077 277.2894 cm 0 0 m 39.685 0 l S Q BT /GS1 gs 8.4 0 0 10.5 408.9866 278.3729 Tm ( )Tj ET /GS0 gs q 1 0 0 1 428.0313 277.2894 cm 0 0 m 39.685 0 l S Q BT /GS1 gs 8.4 0 0 10.5 460.0102 278.3729 Tm ( )Tj ET /GS0 gs q 1 0 0 1 479.0549 277.2894 cm 0 0 m 39.685 0 l S Q BT /GS1 gs 8.4 0 0 10.5 511.0338 278.3729 Tm ( )Tj 1 0.36 0.14 0.3 k /GS0 gs 0 Tw 11.2 0 0 14 70.8659 260.3174 Tm ( )Tj 11.136 0 Td ( )Tj 6.074 0 Td ( )Tj 6.074 0 Td ( )Tj 6.074 0 Td ( )Tj 4.556 0 Td ( )Tj 4.556 0 Td ( )Tj 0 0 0 1 k /GS1 gs 0.028 Tc -0.028 Tw 8.4 0 0 10.5 70.8659 244.3729 Tm (Total)Tj 13.643 0 Td (45,582,899)Tj 8.683 0 Td (8,626,063)Tj 7.515 0 Td (23,997,236)Tj 8.354 0 Td (-1,514)Tj 6.074 0 Td (-4,030)Tj 6.964 0 Td (-131)Tj ET 2.5 w /GS0 gs q 1 0 0 1 172.9132 239.1259 cm 0 0 m 56.693 0 l S Q 0.835 w q 1 0 0 1 172.9132 235.7934 cm 0 0 m 56.693 0 l S Q BT /GS1 gs 0 Tc 0.028 Tw 8.4 0 0 10.5 204.8921 236.7094 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 240.9447 239.1259 cm 0 0 m 56.693 0 l S Q 0.835 w q 1 0 0 1 240.9447 235.7934 cm 0 0 m 56.693 0 l S Q BT /GS1 gs 8.4 0 0 10.5 272.9236 236.7094 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 308.9762 239.1259 cm 0 0 m 56.693 0 l S Q 0.835 w q 1 0 0 1 308.9762 235.7934 cm 0 0 m 56.693 0 l S Q BT /GS1 gs 8.4 0 0 10.5 340.9551 236.7094 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 377.0077 239.1259 cm 0 0 m 39.685 0 l S Q 0.835 w q 1 0 0 1 377.0077 235.7934 cm 0 0 m 39.685 0 l S Q BT /GS1 gs 8.4 0 0 10.5 408.9866 236.7094 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 428.0313 239.1259 cm 0 0 m 39.685 0 l S Q 0.835 w q 1 0 0 1 428.0313 235.7934 cm 0 0 m 39.685 0 l S Q BT /GS1 gs 8.4 0 0 10.5 460.0102 236.7094 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 479.0549 239.1259 cm 0 0 m 39.685 0 l S Q 0.835 w q 1 0 0 1 479.0549 235.7934 cm 0 0 m 39.685 0 l S Q BT /GS1 gs 8.4 0 0 10.5 511.0338 236.7094 Tm ( )Tj 0.052 Tc 0.078 Tw 10.5 0 0 10.5 127.5589 207.0428 Tm [(We)13.8 ( effectuated)13.7 ( extremely)13.7 ( low)13.8 ( discharge)13.8 ( of)13.7 ( pollutants)13.7 ( due)13.8 ( to)13.7 ( our)13.8 ( consistent)24.2 ( )]TJ 0.053 Tc T* [(effective)14.2 ( operation)14.1 ( of)14.1 ( desulfurization)14.1 ( and)14.2 ( dust)14.1 ( removal)14.1 ( facilities)14.2 (,)14.1 ( reinforced)25.2 ( )]TJ 0.066 Tc 0.077 Tw T* [(m)0.5 (an)0.5 (a)0.5 (ge)0.5 (m)0.5 (e)0.5 (nt)14.4 ( a)0.5 (nd)14.4 ( co)0.5 (n)0.5 (tr)0.5 (o)0.5 (l)14.4 ( of)14.4 ( t)0.5 (h)0.5 (e)14.3 ( q)0.5 (u)0.5 (a)0.5 (li)0.5 (t)0.5 (y)14.4 ( o)0.5 (f)14.3 ( p)0.5 (r)0.5 (e)14.4 (-)14.3 (b)0.5 (o)0.5 (i)0.5 (le)0.5 (r)14.4 ( c)0.5 (oa)0.5 (l)14.4 ( t)0.5 (o)14.3 ( re)0.5 (d)0.5 (u)0.5 (ce)14.4 ( s)0.5 (ul)0.5 (f)0.5 (u)0.5 (r)38.2 ( )]TJ 0.051 Tc T* [(di)0.5 (o)0.5 (xi)0.5 (d)0.5 (e)14.3 ( a)0.5 (nd)14.4 ( du)0.5 (s)0.5 (t)14.3 (;)14.4 ( an)0.5 (d)14.3 ( d)0.5 (u)0.5 (e)14.3 ( t)0.5 (o)14.3 ( o)0.5 (ur)14.4 ( a)0.5 (do)0.5 (pt)0.5 (io)0.5 (n)14.3 ( o)0.5 (f)14.4 ( de)0.5 (ni)0.5 (t)0.5 (ra)0.5 (ti)0.5 (on)14.4 ( me)0.5 (a)0.5 (su)0.5 (re)0.5 (s)14.3 ( s)0.5 (uc)0.5 (h)14.4 ( a)0.5 (s)23.2 ( )]TJ 0.056 Tc 0.078 Tw T* [(increasing)13.9 ( ammonia)13.9 (-)13.9 (spraying)13.9 ( volume)13.9 ( and)13.9 ( optimising)13.9 ( operational)13.9 ( control)13.9 ( to)28.2 ( )]TJ 0.045 Tc T* [(reduce)13.9 ( the)13.9 ( discharge)13.9 ( of)14 ( nitric)13.9 ( oxide)13.9 (.)13.9 ( In)13.9 ( 2)13.9 (0)13.9 (1)13.9 (8)13.9 (,)13.9 ( the)13.9 ( sulfur)13.9 ( dioxide)13.9 (,)13.9 ( oxynitrides)13.9 (,)17.2 ( )]TJ 0.079 Tc 0.077 Tw T* [(du)0.5 (st)14.4 ( a)0.5 (nd)14.4 ( car)0.5 (bo)0.5 (n)14.3 ( di)0.5 (ox)0.5 (ide)14.4 ( di)0.5 (sc)0.5 (har)0.5 (ge)0.5 (d)14.3 ( by)14.4 ( our)14.4 ( tw)0.5 (o)14.3 ( co)0.5 (al)14.4 (-)14.3 (fi)0.5 (re)0.5 (d)14.3 ( p)0.5 (owe)0.5 (r)14.3 ( p)0.5 (lan)0.5 (ts)51.2 ( )]TJ 0.025 Tc 0 Tw T* [(reduced by 29 tonnes, 238 tonnes, 8 tonnes and 475,677 tonnes respective\ly as)-2.8 ( )]TJ 0.028 Tc T* (compared to 2017.)Tj ET endstreamendobj1455 0 obj<>endobj1452 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT 1 0.36 0.14 0 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 37.6388 33.8036 Tm (118)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT 0 0 0 0.8 k /T1_1 1 Tf 0 Tw 11.5 0 0 11.5 99.2126 672.0581 Tm [(2.1 )-685.5 (Wind Power \226 Green and Clean Energy)]TJ 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.051 Tw 10.5 0 0 10.5 127.5591 640.0581 Tm (Mainly engaged in wind power generation, the Group is a new energy-orien\ted )Tj 0.027 Tc 0 Tw 0 -1.524 TD [(integrated power generating group. The new energy power generation busin\ess)-0.8 ( )]TJ 0.028 Tc 0.064 Tw T* (of the Group is an environment-friendly business that protects the envir\onment )Tj 0.059 Tw T* [(without )0.5 (consumption )0.5 (of )0.5 (resources )0.5 (including )0.5 (fossil )0.5 (fuels )0.5 (and )0.5 (water )0.5 (or )0.5 (discharge )]TJ 0.068 Tc 0.078 Tw T* [(of)13.8 ( waste)13.8 ( or)13.7 ( greenhouse)13.7 ( gases)13.8 (,)13.7 ( pollutants)13.7 ( or)13.7 ( hazardous)13.7 ( wastes)13.7 (.)13.8 ( It)13.7 ( has)13.8 ( no)40.2 ( )]TJ 0.028 Tc 0 Tw T* (material adverse impact on the environment and natural resources.)Tj 0 0 0 0.8 k /GS0 gs /T1_1 1 Tf 11.5 0 0 11.5 99.2126 526.0581 Tm [(2.2 )-685.5 (Energy-saving and Emission-reduction)]TJ 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.055 Tc 0.078 Tw 10.5 0 0 10.5 127.5591 494.0581 Tm [(We)14.1 ( strictly)14.1 ( comply)14.1 ( with)14.1 ( the)14.1 ( national)14.1 ( uniform)14.1 ( environmental)14.1 ( protection)14.1 ( laws)14.1 (,)27.2 ( )]TJ 0.028 Tc 0 Tw T* (regulations and policies and proactively undertake the environmental pro\tection )Tj 0.078 Tc 0.078 Tw T* [(responsibilities)14.3 ( of)14.2 ( energy)14.2 (-)14.2 (saving)14.1 ( )0.5 (and)14.2 ( emission)14.2 (-)14.2 (reduction)14.2 (.)14.2 ( In)14.2 ( 2)14.2 (0)14.2 (1)14.2 (8)14.2 (,)14.2 ( there)50.2 ( )]TJ 0.067 Tc T* [(was)13.8 ( no)13.8 ( violation)13.7 ( of)13.7 ( national)13.8 ( environmental)13.7 ( laws)13.8 (,)13.7 ( regulations)13.8 ( and)13.8 ( policies)13.7 (.)39.3 ( )]TJ 0.052 Tc T* [(While)13.8 ( developing)13.8 ( new)13.8 ( projects)13.8 ( according)13.8 ( to)13.8 ( the)13.8 ( development)13.8 ( and)13.8 ( changes)24.2 ( )]TJ 0.068 Tc T* [(in)13.5 ( market)13.5 ( conditions)13.6 (,)13.5 ( the)13.5 ( Group)13.5 ( also)13.5 ( paid)13.6 ( attention)13.6 ( to)13.6 ( energy)13.6 (-)13.6 (saving)13.5 ( and)40.2 ( )]TJ 0.079 Tc T* [(emission)14.1 (-)14 (reduction)14.1 (,)14 ( striving)14.1 ( to)14 ( maximize)14.1 ( green)14 ( benefits)14 (.)14.1 ( Meanwhile)14 (,)14.1 ( the)51.2 ( )]TJ 0.028 Tc 0.083 Tw T* (Group optimised the operation of generating units by advancing technolog\ical )Tj 0.058 Tc 0.078 Tw T* [(innovation)13.9 (.)13.9 ( In)13.8 ( 2)13.9 (0)13.9 (1)13.8 (8)13.9 (,)13.9 ( both)13.9 ( coal)13.9 (-)13.9 (fired)13.9 ( power)13.9 ( plants)13.9 ( strictly)13.9 ( complied)13.9 ( with)13.9 ( the)30.3 ( )]TJ 0.073 Tc T* [(national)13.4 ( standards)13.5 ( on)13.5 ( emission)13.5 ( of)13.4 ( air)13.5 ( pollutants)13.5 (,)13.4 ( namely)13.5 ( GB)13.5 ( 1)13.4 (3)13.5 (2)13.4 (2)13.5 (3)13.5 (\226)13.4 (2)13.5 (0)13.4 (1)13.5 (1)45.2 ( )]TJ 0.046 Tc T* [(Emission)13.6 ( Standard)13.6 ( of)13.5 ( Air)13.6 ( Pollutants)13.6 ( for)13.7 ( Thermal)13.6 ( Power)13.6 ( Plants)13.6 ( \()]TJ /C0_0 1 Tf 0.032 Tc -0.032 Tw 30.665 0 Td [<0090>63.6 <02E60F651140027D090203EE>]TJ 0.05 Tc -0.05 Tw -30.665 -1.524 Td [<0751064A>0.5 <0AB005F3>0.5 <117A0E5F>64.5 <0091>]TJ /T1_2 1 Tf 0.064 Tc 0.077 Tw 6.897 0 Td [(\))14.5 (,)14.4 ( r)0.5 (e)0.6 (a)0.5 (l)0.6 (i)0.5 (s)0.5 (e)0.6 (d)14.4 ( u)0.5 (p)14.5 (-)14.4 (t)0.6 (o)14.4 (-)14.5 (s)0.5 (t)0.5 (a)0.6 (n)0.5 (d)0.6 (a)0.5 (r)0.5 (d)14.5 ( e)0.5 (m)0.6 (i)0.5 (s)0.5 (s)0.6 (i)0.5 (o)0.6 (n)14.4 ( a)0.5 (n)0.6 (d)14.4 ( r)0.6 (e)0.5 (c)0.5 (o)0.6 (r)0.5 (d)0.6 (e)0.5 (d)14.4 ( s)0.6 (i)0.5 (g)0.5 (n)0.6 (i)0.5 (f)0.6 (i)0.5 (c)0.6 (a)0.5 (n)0.5 (t)36.2 ( )]TJ 0.028 Tc 0.009 Tw -6.897 -1.524 Td (reduction in the emission volume of pollutants as compared to 2017. 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(t)0.6 (e)1.2 ( a)0.6 (g)0.5 (r)0.6 (e)0.5 (e)0.6 (m)0.5 (e)0.6 (n)0.5 (t)0.6 (s)1.2 ( )]TJ 0.032 Tc 0.088 Tw 2.7 -1.524 Td [(which)4.2 ( )0.5 (shall)4.2 ( )0.5 (set)4.2 ( )0.5 (out)4.2 ( the)4.2 ( specific)4.1 ( )0.5 (scope)4.2 ( )0.5 (of)4.2 ( )0.5 (products)4.2 ( )0.5 (and)4.2 (/)4.2 (or)4.2 ( )0.5 (services)4.2 ( )0.5 (to)4.2 ( )0.5 (be)4.2 ( )]TJ 0.051 Tc 0.078 Tw T* [(provided)13.9 ( and)13.8 ( terms)13.8 ( and)13.8 ( conditions)13.8 ( of)13.8 ( providing)13.8 ( such)13.8 ( products)13.8 ( and)13.8 (/)13.8 (or)23.2 ( )]TJ 0.028 Tc 0.005 Tw T* (services according to the principles laid down in the New Guodian Master\ )Tj -0.028 Tw T* (Agreement.)Tj ET endstreamendobj1600 0 obj<>endobj1597 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT 1 0.36 0.14 0 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 41.1416 33.8036 Tm (92)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT 1 0.36 0.14 0.3 k /T1_1 1 Tf 0 Tw 14 0 0 14 70.8661 670.2631 Tm (NON-EXEMPT CONTINUING CONNECTED 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waiver to the Company from complying with the announcement and\ independent )Tj 0.068 Tc 0.078 Tw T* [(Shareholders)13.9 (\222)13.8 ( approval)13.9 ( requirements)13.8 (.)13.9 ( For)13.8 ( type)13.8 ( 1)13.8 ( and)13.9 ( type)13.9 ( 2)13.8 ( non)13.8 (-)13.9 (exempt)13.9 ( continuing)40.2 ( )]TJ 0.055 Tc T* [(connected)14 ( transactions)14 ( as)14 ( set)14 ( out)14 ( below)14 (,)14 ( the)14 ( annual)14 ( caps)14 ( for)14 ( each)14 ( year)14 ( from)14 ( 2)14 (0)14 (1)14 (8)14 ( to)27.2 ( )]TJ 0.043 Tc T* [(2)14 (0)14 (2)14.1 (0)14 ( have)14 ( been)14 ( approved)14.1 ( at)14 ( the)14 ( first)14 ( extraordinary)14 ( general)14 ( meeting)14 ( in)14 ( 2)14 (0)14 (1)14.1 (7)14 ( held)14.1 ( on)14 ( 1)14 (5)15.2 ( )]TJ 0.028 Tc 0 Tw T* (December 2017.)Tj 0.079 Tc 0.077 Tw 0 -3.048 TD [(T)0.5 (h)0.5 (e)14.4 ( t)0.5 (a)0.5 (b)0.6 (l)0.5 (e)14.4 ( b)0.5 (e)0.5 (l)0.5 (o)0.5 (w)14.5 ( s)0.6 (e)0.5 (t)0.5 (s)14.4 ( o)0.5 (u)0.5 (t)14.4 ( t)0.5 (h)0.5 (e)14.4 ( a)0.5 (n)0.5 (n)0.5 (u)0.6 (a)0.5 (l)14.4 ( c)0.5 (a)0.5 (p)0.5 (s)14.4 ( a)0.5 (n)0.5 (d)14.4 ( a)0.5 (c)0.5 (t)0.6 (u)0.5 (a)0.5 (l)14.4 ( t)0.5 (r)0.5 (a)0.5 (n)0.5 (s)0.6 (a)0.5 (c)0.5 (t)0.5 (i)0.5 (o)0.5 (n)14.5 ( a)0.5 (m)0.6 (o)0.5 (u)0.5 (n)0.5 (t)0.5 (s)14.4 ( o)0.5 (f)14.4 ( s)0.5 (u)0.5 (c)0.5 (h)51.2 ( )]TJ 0.028 Tc 0 Tw 0 -1.524 TD (connected transactions for 2018:)Tj /T1_1 1 Tf 0 -7.619 TD (Connected Transactions)Tj -0.028 Tw 20.247 1.524 Td (Connected )Tj 0 -1.524 TD (Persons)Tj 0 Tw 9.042 1.524 Td (Annual Cap )Tj 1.777 -1.524 Td (for 2018)Tj -0.028 Tw 8.394 4.571 Td (Actual )Tj -2.751 -1.524 Td (Transaction )Tj 0 Tw 0.308 -1.524 Td (Amount for )Tj -0.028 Tw 3.331 -1.524 Td (2018)Tj /T1_2 1 Tf 10.5 0 2.8135 10.5 386.3664 334.2631 Tm (\(RMB\222000\) )Tj 7.559 0 Td (\(RMB\222000\) )Tj ET 1 0.36 0.14 0 K /GS0 gs q 1 0 0 1 70.8661 329.4199 cm 0 0 m 212.598 0 l S Q BT /GS1 gs 0 Tc 0 Tw 10.5 0 0 10.5 70.8661 330.2534 Tm ( )Tj ET /GS0 gs q 1 0 0 1 283.4646 329.4199 cm 0 0 m 82.205 0 l S Q BT /GS1 gs 10.5 0 2.8135 10.5 283.4646 330.2534 Tm ( )Tj ET /GS0 gs q 1 0 0 1 365.6693 329.4199 cm 0 0 m 79.37 0 l S Q BT /GS1 gs 10.5 0 2.8135 10.5 432.9483 330.2534 Tm ( )Tj ET /GS0 gs q 1 0 0 1 445.0394 329.4199 cm 0 0 m 79.37 0 l S Q BT /GS1 gs 10.5 0 0 10.5 512.3184 330.2534 Tm ( )Tj 0.028 Tc -0.028 Tw -42.043 -3.048 Td (1.)Tj 0 Tw 5.399 0 Td (Provision of products and )Tj 0.999 -1.524 Td (services by the Group)Tj 13.849 1.524 Td (The former )Tj -0.028 Tw 0.999 -1.524 Td (Guodian )Tj T* (Group)Tj 0 Tc 0 Tw 6.1215 0 0 6.1215 325.1691 270.4534 Tm (1)Tj 0.028 Tc -0.028 Tw 10.5 0 0 10.5 390.331 298.2534 Tm (1,115,000)Tj 9.032 0 Td (61,820)Tj -39.458 -4.571 Td (2.)Tj 0 Tw 5.399 0 Td (Provision of products and )Tj 0.999 -1.524 Td (services to the Group)Tj 13.849 1.524 Td (The former )Tj -0.028 Tw 0.999 -1.524 Td (Guodian )Tj T* (Group)Tj 0 Tc 0 Tw 6.1215 0 0 6.1215 325.1691 222.4534 Tm (1)Tj 0.028 Tc -0.028 Tw 10.5 0 0 10.5 390.331 250.2534 Tm (7,623,610)Tj 7.559 0 Td (2,390,776)Tj -37.984 -4.571 Td (3.)Tj 0 Tw 5.399 0 Td (Provision of financial services )Tj 0.999 -1.524 Td (to the Group)Tj -0.002 Tc 13.849 1.524 Td (Guodian Finance)Tj 0.028 Tc -0.028 Tw 11.236 0 Td (Deposit )Tj -0.723 -1.524 Td (Services: )Tj -0.336 -1.524 Td (2,700,000)Tj 7.73 3.048 Td (Maximum )Tj -1.058 -1.524 Td (outstanding )Tj 1.472 -1.524 Td (balance: )Tj -0.585 -1.524 Td (2,658,017)Tj 5.5385 0 0 5.5385 70.8662 130.3869 Tm (1.)Tj 0.045 Tc 0.078 Tw 9.5 0 0 9.5 75.7932 126.5869 Tm [( )-2064.2 (Reference)13.8 ( is)13.8 ( made)13.8 ( to)13.8 ( the)13.8 ( announcement)13.9 ( of)13.9 ( the)13.8 ( Company)13.8 ( dated)13.8 ( 2)13.8 (8)13.8 ( August)13.8 ( 2)13.8 (0)13.8 (1)13.8 (8)13.8 (.)13.8 ( Pursuant)17.2 ( )]TJ 0.038 Tc 0.082 Tw 2.465 -1.368 Td [(t)0.5 (o)10.2 ( )0.5 (t)0.5 (h)0.5 (e)10.2 ( C)0.6 (o)0.5 (n)0.5 (s)0.5 (o)0.5 (l)0.5 (i)0.5 (d)0.6 (a)0.5 (t)0.5 (i)0.5 (o)0.5 (n)10.2 ( )0.5 (A)0.5 (g)0.5 (r)0.5 (e)0.5 (e)0.5 (m)0.6 (e)0.5 (n)0.5 (t)10.2 ( b)0.6 (e)0.5 (t)0.5 (w)0.5 (e)0.5 (e)0.5 (n)10.2 ( )0.5 (C)0.5 (h)0.5 (i)0.5 (n)0.5 (a)10.2 ( )0.5 (E)0.5 (n)0.5 (e)0.5 (r)0.6 (g)0.5 (y)10.2 ( I)0.5 (n)0.5 (v)0.6 (e)0.5 (s)0.5 (t)0.5 (m)0.5 (e)0.5 (n)0.5 (t)10.2 ( )0.5 (C)0.5 (o)0.5 (r)0.5 (p)0.5 (o)0.5 (r)0.6 (a)0.5 (t)0.5 (i)0.5 (o)0.5 (n)10.2 ( )0.5 (L)0.5 (i)0.5 (m)0.5 (i)0.5 (t)0.6 (e)0.5 (d)10.2 ( a)0.6 (n)0.5 (d)10.2 ( )]TJ 0.042 Tc 0.078 Tw 0 -1.368 TD [(China)14 ( Guodian)14 ( Corporation)14 ( Ltd)14 (.)13.9 (,)14 ( the)14 ( controlling)14 ( shareholder)14 ( of)13.9 ( the)14 ( Company)14 ( was)14 ( changed)14.2 ( )]TJ 0.036 Tc 0.084 Tw T* [(to)8.2 ( China)8.2 ( )0.5 (Energy)8.2 ( Investment)8.2 ( )0.5 (Corporation)8.2 (.)8.2 ( For)8.2 ( )0.5 (details)8.3 (,)8.1 ( )0.5 (please)8.2 ( refer)8.2 ( )0.5 (to)8.3 ( the)8.2 ( definition)8.2 ( )0.5 (of)8.2 ( \223)8.2 (China)8.2 ( )]TJ 0.032 Tc 0.088 Tw T* [(Energy)4.2 ( )0.5 (Investment)4.2 ( Corporation)4.2 ( )0.5 (Limited)4.3 (\224)4.1 ( )0.5 (or)4.2 ( )0.5 (\223)4.2 (CHN)4.2 ( Energy)4.2 (\224)4.2 ( in)4.2 ( the)4.2 ( section)4.2 ( headed)4.2 ( GLOSSARY)4.2 ( )]TJ 0.028 Tc 0 Tw T* (OF TERMS.)Tj ET endstreamendobj1598 0 obj<>endobj1594 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT 1 0.36 0.14 0 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 540.4565 33.8036 Tm (91)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT 0 0 0 1 k /GS1 gs /T1_1 1 Tf 0.054 Tc 0.078 Tw 10.5 0 0 10.5 70.8661 672.7551 Tm [(Particulars)14 ( of)14.1 ( the)14.1 ( major)14.1 ( related)14 ( party)14 ( transactions)14.1 ( of)14 ( the)14.1 ( Group)14.1 ( for)14 ( the)14.1 ( year)14.1 ( ended)14.1 ( 3)14.1 (1)26.2 ( )]TJ 0.028 Tc 0 Tw 0 -1.524 TD (December 2018 are set out in Note 40 to the Financial Statements.)Tj 0.084 Tc 0.078 Tw 0 -3.048 TD [(Some)14 ( of)14 ( the)13.9 ( aforementioned)14 ( related)14 ( party)14 ( transactions)14 ( also)14 ( constitute)14 ( connected)56.2 ( )]TJ 0.053 Tc 0 -1.524 TD [(transactions)13.5 ( as)13.5 ( prescribed)13.5 ( under)13.5 ( Chapter)13.5 ( 1)13.5 (4)13.5 (A)13.5 ( of)13.5 ( the)13.5 ( Listing)13.6 ( Rules)13.5 ( and)13.5 ( are)13.5 ( subject)13.5 ( to)25.2 ( )]TJ 0.028 Tc 0.006 Tw T* (reporting, annual review and announcement requirements under Chapter 14A\ of the Listing )Tj 0.035 Tc 0.085 Tw T* [(Rules)7.2 (.)7.2 ( )0.5 (The)7.2 ( )0.5 (aforementioned)7.2 ( )0.5 (connected)7.2 ( )0.5 (transactions)7.2 ( )0.5 (have)7.2 ( )0.5 (complied)7.2 ( )0.5 (with)7.2 ( )0.5 (the)7.2 ( )0.5 (requirements)7.2 ( )]TJ 0.028 Tc 0 Tw T* (under Chapter 14A of the Listing Rules, particulars of which are as foll\ow:)Tj 0.078 Tc 0.078 Tw 0 -3.048 TD [(The)13.5 ( connected)13.6 ( transactions)13.6 ( disclosed)13.6 ( below)13.6 ( constitute)13.5 ( connected)13.6 ( transactions)13.6 ( or)50.2 ( )]TJ 0.026 Tc 0 Tw 0 -1.524 TD [(continuing connected transactions as defined under Chapter 14A of the Li\sting Rules of the)-1.8 ( )]TJ 0.028 Tc 0.038 Tw T* (Hong Kong Stock Exchange, and are thus subject to the relevant disclosur\e requirements. )Tj 0.032 Tc 0.088 Tw T* [(In)4.2 ( )0.5 (relation)4.2 ( to)4.2 ( )0.5 (the)4.1 ( )0.5 (connected)4.2 ( transactions)4.2 ( )0.5 (ment)0.5 (ioned)4.2 ( )0.5 (below)4.2 (,)4.2 ( )0.5 (the)4.2 ( Directors)4.2 ( )0.5 (confirm)4.2 ( that)4.2 ( )0.5 (the)4.2 ( )]TJ 0.028 Tc 0.045 Tw T* (Company has complied with the disclosure requirements under Chapter 14A \of the Listing )Tj 0 Tw T* [(Ru)0.5 (les)0.5 (. F)0.5 (or )0.5 (deta)0.5 (il)0.5 (s, )0.5 (ple)0.5 (ase )0.5 (ref)0.5 (er )0.5 (to )0.5 (the )0.5 (anno)0.5 (unc)0.5 (eme)0.5 (nts )0.5 (di)0.5 (scl)0.5 (osed)0.5 ( on)0.5 ( th)0.5 (e w)0.5 (ebsi)0.5 (te )0.5 (of )0.5 (the)0.5 ( Ho)0.5 (ng )]TJ T* (Kong Stock Exchange and the website of the Company.)Tj 1 0.36 0.14 0.3 k /GS0 gs /T1_2 1 Tf 14 0 0 14 70.8661 397.7551 Tm (NON-EXEMPT ONE-OFF CONNECTED TRANSACTIONS)Tj 0 0 0 0.8 k 11.5 0 0 11.5 70.8661 363.7551 Tm (Loan Agreement between Hero Asia and Guodian Financial Leasing)Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 0.047 Tc 0.078 Tw 10.5 0 0 10.5 70.8661 331.7551 Tm [(On)13.9 ( 2)13.9 (6)13.8 ( April)13.9 ( 2)13.9 (0)13.9 (1)13.9 (8)13.8 (,)13.9 ( Hero)13.9 ( Asia)13.8 (,)13.9 ( a)13.8 ( wholly)13.9 (-)13.9 (owned)13.8 ( subsidiary)13.9 ( of)13.9 ( the)13.9 ( Company)13.8 (,)13.9 ( and)13.9 ( Guodian)19.2 ( )]TJ 0.028 Tc 0.028 Tw T* (Financial Leasing entered into a loan agreement, pursuant to which, Hero\ Asia will provide )Tj 0.029 Tc 0.091 Tw T* [(a)1.2 ( )0.5 (shareholder)1.2 ( loan)1.2 ( )0.5 (amounting)1.2 ( )0.5 (to)1.2 ( )0.5 (RMB)1.2 (5)1.2 (0)1.2 (0)1.3 ( million)1.2 ( )0.5 (to)1.2 ( )0.5 (Guodian)1.1 ( )0.5 (Financial)1.2 ( )0.5 (Leasing)1.3 ( for)1.3 ( a)1.2 ( )0.5 (term)1.2 ( )]TJ 0.028 Tc 0.066 Tw T* (of one year. 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option)13.2 ( )0.5 (was)13.2 ( )0.5 (made)13.2 ( by)13.2 ( )0.5 (the)13.2 ( )]TJ 0.028 Tc -0.028 Tw 0 -1.524 TD (Company.)Tj ET endstreamendobj1618 0 obj<>endobj1615 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT 1 0.36 0.14 0 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 540.4565 33.8036 Tm (87)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT 1 0.36 0.14 0.3 k /T1_1 1 Tf 0 Tw 14 0 0 14 70.8661 670.2631 Tm (MANAGEMENT CONTRACTS)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.102 Tc 0.078 Tw 10.5 0 0 10.5 70.8661 638.2631 Tm [(The)13.6 ( Company)13.7 ( did)13.6 ( not)13.6 ( enter)13.7 ( into)13.6 ( any)13.6 ( contract)13.6 ( in)13.6 ( respect)13.7 ( of)13.6 ( the)13.7 ( management)13.6 ( or)74.2 ( )]TJ 0.028 Tc 0.067 Tw 0 -1.524 TD (administration of the entire or any significant part of the business of \the Company nor did )Tj 0 Tw T* (any such contract subsist at any time during 2018.)Tj 1 0.36 0.14 0.3 k /GS0 gs /T1_1 1 Tf 14 0 0 14 70.8661 571.2631 Tm (SUBSEQUENT EVENTS)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.056 Tc 0.078 Tw 10.5 0 0 10.5 70.8661 539.2631 Tm [(Since)14.1 ( the)14.2 ( last)14.1 ( day)14.1 ( of)14.1 ( the)14.2 ( reporting)14.2 ( period)14.1 (,)14.1 ( there)14.1 ( have)14.2 ( been)14.1 ( no)14.1 ( significant)14.1 ( changes)14.1 ( or)28.2 ( )]TJ 0.028 Tc 0 Tw T* (subsequent events which need to be adjusted or disclosed in the financia\l statements.)Tj 1 0.36 0.14 0.3 k /GS0 gs /T1_1 1 Tf 14 0 0 14 70.8661 488.2631 Tm (CONNECTED TRANSACTIONS)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.031 Tc 0.089 Tw 10.5 0 0 10.5 70.8661 456.2631 Tm [(Details)3.2 ( of)3.2 ( substantial)3.2 ( )0.5 (connected)3.2 ( )0.5 (transactions)3.2 ( )0.5 (occurred)3.2 ( )0.5 (during)3.2 ( )0.5 (the)3.2 ( )0.5 (reporting)3.2 ( )0.5 (period)3.3 ( of)3.3 ( the)3.2 ( )]TJ 0.028 Tc 0 Tw T* (Company are set out in the Connected Transactions section of this report\.)Tj 1 0.36 0.14 0.3 k /GS0 gs /T1_1 1 Tf -0.028 Tw 14 0 0 14 70.8661 405.2631 Tm (DONATIONS)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.06 Tc 0.078 Tw 10.5 0 0 10.5 70.8661 373.2631 Tm [(In)13.6 ( 2)13.6 (0)13.5 (1)13.5 (8)13.5 (,)13.6 ( the)13.6 ( Group)13.5 ( donated)13.6 ( RMB)13.6 (1)13.5 (0)13.5 (,)13.5 (0)13.6 (0)13.5 (0)13.5 (,)13.6 (0)13.5 (0)13.5 (0)13.5 ( in)13.5 ( targeted)13.5 ( poverty)13.5 ( alleviation)13.6 ( for)13.5 ( Youyu)32.2 ( )]TJ 0.028 Tc 0 Tw T* (County, Shanxi Province.)Tj 1 0.36 0.14 0.3 k /GS0 gs /T1_1 1 Tf 14 0 0 14 70.8661 322.2631 Tm (MAJOR CUSTOMERS AND SUPPLIERS)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.073 Tc 0.078 Tw 10.5 0 0 10.5 70.8661 290.2631 Tm [(For)14.2 ( )0.5 (the)14.2 ( )0.5 (year)14.2 ( )0.5 (ended)14.2 ( )0.5 (3)14.2 (1)14.3 ( )0.5 (December)14.3 ( )0.5 (2)14.2 (0)14.2 (1)14.3 (8)14.2 (,)14.2 ( )0.5 (the)14.2 ( )0.5 (purchase)14.2 ( )0.5 (from)14.3 ( )0.5 (the)14.3 ( )0.5 (Group)14.2 (\222)14.3 (s)14.2 ( )0.5 (five)14.3 ( )0.5 (largest)45.2 ( )]TJ 0.053 Tc T* [(suppliers)13.7 ( in)13.7 ( aggregate)13.7 ( contributed)13.7 ( 6)13.7 (4)13.7 (.)13.7 (1)13.7 (3)13.7 (%)13.8 ( of)13.7 ( the)13.7 ( Group)13.7 (\222)13.8 (s)13.7 ( total)13.7 ( purchase)13.7 ( for)13.7 ( the)13.7 ( year)13.7 (,)25.2 ( )]TJ 0.06 Tc 0.077 Tw T* [(am)0.5 (on)0.5 (g)14.3 ( wh)0.5 (ic)0.5 (h)14.3 (,)14.3 ( t)0.5 (he)14.4 ( tot)0.5 (al)14.3 ( pur)0.5 (ch)0.5 (ase)14.4 ( f)0.5 (ro)0.5 (m)14.3 ( th)0.5 (e)14.3 ( l)0.5 (arg)0.5 (es)0.5 (t)14.3 ( su)0.5 (pp)0.5 (li)0.5 (er)14.4 ( c)0.5 (on)0.5 (tri)0.5 (bu)0.5 (ted)14.4 ( 2)14.3 (7)14.4 (.)14.3 (3)14.3 (3)14.4 (%)14.3 ( of)14.4 ( th)0.5 (e)32.2 ( )]TJ 0.028 Tc 0 Tw T* (Group\222s total purchase for the year.)Tj 0.045 Tc 0.078 Tw 0 -3.048 TD [(For)14.2 ( the)14.1 ( year)14.2 ( ended)14.2 ( 3)14.1 (1)14.2 ( December)14.2 ( 2)14.1 (0)14.2 (1)14.1 (8)14.2 (,)14.1 ( the)14.2 ( sales)14.2 ( to)14.1 ( the)14.2 ( Group)14.2 (\222)14.1 (s)14.2 ( five)14.1 ( )0.5 (largest)14.1 ( )0.5 (customers)17.2 ( )]TJ 0.028 Tc 0.092 Tw 0 -1.524 TD [(in )0.5 (aggregate )0.5 (contributed 46.8% )0.5 (of )0.5 (the )0.5 (Group\222s )0.5 (total sales for the year, among )0.5 (which, )0.5 (the )]TJ 0 Tw T* (sales to the largest customer contributed 23.2% of the Group\222s total \sales for the year.)Tj ET endstreamendobj1616 0 obj<>endobj1613 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT 1 0.36 0.14 0 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 41.1416 33.8036 Tm (86)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT 1 0.36 0.14 0.3 k /T1_1 1 Tf 0 Tw 14 0 0 14 70.8661 670.2631 Tm (ISSUE OF DEBENTURES)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 10.5 0 0 10.5 70.8661 638.2631 Tm (The debentures issued by the Company in 2018 are set out as below:)Tj /T1_1 1 Tf 0 -4.381 TD (Issue date)Tj 10.259 1.429 Td (Type of )Tj -0.028 Tw 0 -1.429 TD (debentures)Tj 12.063 1.429 Td (Financing )Tj 1.195 -1.429 Td (amount)Tj 0 Tw 4.83 0 Td (Reasons for the issue)Tj /T1_2 1 Tf 10.5 0 2.8135 10.5 288.0408 577.2631 Tm ( \(RMB million\))Tj ET 1 0.36 0.14 0 K /GS0 gs q 1 0 0 1 70.8661 573.4205 cm 0 0 m 107.717 0 l S Q BT /GS1 gs 0 Tc 10.5 0 0 10.5 70.8661 574.254 Tm ( )Tj ET /GS0 gs q 1 0 0 1 178.5827 573.4205 cm 0 0 m 99.213 0 l S Q BT /GS1 gs 10.5 0 0 10.5 178.5827 574.254 Tm ( )Tj ET /GS0 gs q 1 0 0 1 277.7953 573.4205 cm 0 0 m 85.039 0 l S Q BT /GS1 gs 10.5 0 0 10.5 350.7436 574.254 Tm ( )Tj ET /GS0 gs q 1 0 0 1 362.8347 573.4205 cm 0 0 m 161.575 0 l S Q BT /GS1 gs 10.5 0 0 10.5 362.8347 574.254 Tm ( )Tj 0.028 Tc -27.807 -2.81 Td (23 April 2018)Tj 10.259 0 Td (Green enterprise )Tj -0.028 Tw 0.999 -1.381 Td (bonds)Tj 13.396 1.381 Td (3,000)Tj 0 Tw 3.693 -0.048 Td (Project investment and )Tj 0.81 -1.429 Td (construction, replenishment )Tj 0 -1.429 TD (of working capital)Tj -29.156 -1.381 Td (4 December 2018)Tj 10.259 0 Td (Green corporate )Tj -0.028 Tw 0.999 -1.381 Td (bonds)Tj 13.396 1.381 Td (3,000)Tj 0 Tw 3.693 0 Td (Project investment and )Tj 0.81 -1.381 Td (construction, repayment of )Tj 0 -1.381 TD (interest-bearing debts)Tj -29.156 -1.381 Td (14 November 2018)Tj 10.259 0 Td (Green asset-)Tj 0.999 -1.381 Td (backed notes)Tj -0.028 Tw 13.396 1.381 Td (1,010)Tj 0 Tw 3.693 0 Td (Project investment and )Tj 0.81 -1.381 Td (construction, replacement of )Tj T* (debts arising from relevant )Tj T* (projects, replenishment of )Tj T* (working capital)Tj -29.156 -1.381 Td (18 May 2018)Tj 10.259 0 Td (Ultra short-term )Tj -0.028 Tw 0.999 -1.381 Td (debentures)Tj 13.396 1.381 Td (2,000)Tj 0 Tw 3.693 0 Td (Replacement of due loans)Tj -28.346 -2.762 Td (15 June 2018)Tj 10.259 0 Td (Ultra short-term )Tj -0.028 Tw 0.999 -1.381 Td (debentures)Tj 13.396 1.381 Td (1,000)Tj 0 Tw 3.693 0 Td (Replacement of due loans)Tj -28.346 -2.762 Td (12 July 2018)Tj 10.259 0 Td (Ultra short-term )Tj -0.028 Tw 0.999 -1.381 Td (debentures)Tj 13.396 1.381 Td (1,000)Tj 0 Tw 3.693 0 Td (Replacement of due loans)Tj -28.346 -2.762 Td (13 July 2018)Tj 10.259 0 Td (Ultra short-term )Tj -0.028 Tw 0.999 -1.381 Td (debentures)Tj 13.396 1.381 Td (1,000)Tj 0 Tw 3.693 0 Td (Replacement of due loans)Tj -28.346 -2.762 Td (24 August 2018)Tj 10.259 0 Td (Ultra short-term )Tj -0.028 Tw 0.999 -1.381 Td (debentures)Tj 13.396 1.381 Td (1,000)Tj 0 Tw 3.693 0 Td (Replacement of due loans)Tj -28.346 -2.762 Td (28 September 2018)Tj 10.259 0 Td (Ultra short-term )Tj -0.028 Tw 0.999 -1.381 Td (debentures)Tj 13.396 1.381 Td (1,000)Tj 0 Tw 3.693 0 Td (Replacement of due loans)Tj -28.346 -2.762 Td (28 September 2018)Tj 10.259 0 Td (Ultra short-term )Tj -0.028 Tw 0.999 -1.381 Td (debentures)Tj 13.396 1.381 Td (1,000)Tj 0 Tw 3.693 0 Td (Replacement of due loans)Tj -28.346 -2.762 Td (16 November 2018)Tj 10.259 0 Td (Ultra short-term )Tj -0.028 Tw 0.999 -1.381 Td (debentures)Tj 13.396 1.381 Td (1,000)Tj 0 Tw 3.693 0 Td (Replacement of due loans)Tj -28.346 -2.762 Td (20 November 2018)Tj 10.259 0 Td (Ultra short-term )Tj -0.028 Tw 0.999 -1.381 Td (debentures)Tj 13.396 1.381 Td (1,500)Tj 0 Tw 3.693 0 Td (Replacement of due loans, )Tj 0.81 -1.381 Td (replenishment of working )Tj -0.028 Tw T* (capital)Tj 0 Tw -29.156 -1.381 Td (20 December 2018)Tj 10.259 0 Td (Ultra short-term )Tj -0.028 Tw 0.999 -1.381 Td (debentures)Tj 13.396 1.381 Td (1,000)Tj 0 Tw 3.693 0 Td (Repayment of due loans)Tj ET endstreamendobj1614 0 obj<>endobj1609 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT 1 0.36 0.14 0 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 540.4565 33.8036 Tm (85)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT 0 0 0 1 k /GS1 gs /T1_1 1 Tf 0.035 Tw 9.5 0 0 9.5 99.2126 673.5981 Tm (held by BlackRock \(Netherlands\) B.V., an indirect non-wholly-owned sub\sidiary of BlackRock, )Tj 0.021 Tw 0 -1.368 TD [(Inc., 171,000 H )0.5 (shares were held by BlackRock Advisors \(UK\) )0.5 (Limited, an indirect non-wholly-)]TJ 0.054 Tw T* (owned subsidiary of BlackRock, Inc., 819,200 H shares were held by Black\Rock International )Tj 0.049 Tc 0.078 Tw T* [(Limited)13.7 (,)13.6 ( an)13.6 ( indirect)13.7 ( non)13.7 (-)13.6 (wholly)13.6 (-)13.7 (owned)13.7 ( subsidiary)13.6 ( of)13.7 ( BlackRock)13.6 (,)13.7 ( Inc)13.7 (.)13.6 (,)13.7 ( 2)13.7 (7)13.7 (,)13.6 (0)13.7 (1)13.6 (1)13.7 (,)13.6 (0)13.7 (0)13.6 (0)13.7 ( H)13.7 ( shares)21.2 ( )]TJ 0.045 Tc T* [(were)13.8 ( held)13.8 ( by)13.8 ( BlackRock)13.9 ( Asset)13.8 ( Management)13.8 ( Ireland)13.8 ( Limited)13.8 (,)13.8 ( an)13.8 ( indirect)13.8 ( non)13.8 (-)13.8 (wholly)13.8 (-)13.9 (owned)17.2 ( )]TJ 0.028 Tc 0.044 Tw 0 -1.368 TD (subsidiary of BlackRock, Inc., 40,387,000 H shares were held by BLACKROC\K \(Luxembourg\) )Tj 0.032 Tc 0.088 Tw 0 -1.368 TD [(S)4.2 (.)4.2 (A)4.2 (.)4.2 (,)4.2 ( )0.5 (an)4.2 ( )0.5 (indirect)4.2 ( non)4.2 (-)4.2 (wholly)4.2 (-)4.2 (owned)4.2 ( subsidiary)4.2 ( of)4.2 ( )0.5 (BlackRock)4.2 (,)4.2 ( )0.5 (Inc)4.2 (.)4.2 (,)4.2 ( )0.5 (2)4.2 (1)4.2 (,)4.2 (1)4.2 (5)4.2 (0)4.2 (,)4.2 (3)4.2 (3)4.2 (9)4.2 ( H)4.3 ( shares)4.2 ( were)4.2 ( )]TJ 0.062 Tc 0.077 Tw T* [(held)14.3 ( by)14.3 ( BlackRock)14.3 ( Investment)14.3 ( M)0.5 (anagement)14.3 ( \()14.3 (UK)14.3 (\))14.3 ( Li)0.5 (mited)14.3 (,)14.3 ( an)14.3 ( indi)0.5 (rect)14.3 ( non)14.3 (-)14.3 (wholly)14.3 (-)14.3 (owned)34.2 ( )]TJ 0.039 Tc 0.081 Tw T* [(subsidiary)11.2 ( of)11.2 ( )0.5 (BlackRock)11.2 (,)11.3 ( Inc)11.2 (.)11.2 (,)11.2 ( )0.5 (6)11.2 (,)11.2 (7)11.2 (6)11.2 (6)11.2 (,)11.2 (3)11.2 (6)11.2 (6)11.2 ( )0.5 (H)11.2 ( shares)11.2 ( were)11.2 ( )0.5 (held)11.2 ( )0.5 (by)11.2 ( )0.5 (BlackRock)11.2 ( )0.5 (Fund)11.2 ( )0.5 (Managers)11.2 ( )]TJ 0.049 Tc 0.078 Tw T* [(Limited)13.7 (,)13.6 ( an)13.6 ( indirect)13.7 ( non)13.7 (-)13.6 (wholly)13.6 (-)13.7 (owned)13.7 ( subsidiary)13.6 ( of)13.7 ( BlackRock)13.6 (,)13.7 ( Inc)13.7 (.)13.6 (,)13.7 ( 1)13.7 (2)13.7 (,)13.6 (6)13.7 (0)13.6 (4)13.7 (,)13.6 (1)13.7 (7)13.6 (8)13.7 ( H)13.7 ( shares)21.2 ( )]TJ 0.028 Tc 0.09 Tw T* (were held by BlackRock Life Limited, an indirect non-wholly-owned subsid\iary of BlackRock, )Tj 0.082 Tw T* (Inc., 28,000 H shares were held by BlackRock Asset Management \(Schweiz\)\ AG, an indirect )Tj 0.029 Tw T* (non-wholly-owned subsidiary of BlackRock, Inc. Accordingly, BlackRock, I\nc. was deemed as )Tj 0 Tw T* (the owner of the H share equity interests held by its aforesaid subsidia\ries.)Tj 0.091 Tw -2.984 -2.737 Td [(7. )-1697.2 (Among these 10,844,000 H shares, 4,642,000 H shares were held by BlackRo\ck Institutional )]TJ 0.085 Tw 2.984 -1.368 Td (Trust Company, National Association, an indirect non-wholly-owned subsid\iary of BlackRock, )Tj 0.045 Tc 0.078 Tw T* [(Inc)13.6 (.)13.7 (,)13.6 ( 3)13.7 (,)13.6 (6)13.6 (5)13.7 (1)13.6 (,)13.7 (0)13.6 (0)13.6 (0)13.7 ( H)13.6 ( shares)13.6 ( were)13.7 ( held)13.7 ( by)13.7 ( BlackRock)13.6 ( Advisors)13.6 (,)13.7 ( LLC)13.7 (,)13.6 ( an)13.6 ( indirect)13.7 ( wholly)13.7 (-)13.6 (owned)17.2 ( )]TJ 0.034 Tc 0.086 Tw T* [(subsidiary)6.2 ( of)6.1 ( )0.5 (BlackRock)6.2 (,)6.2 ( Inc)6.2 (.)6.2 (,)6.2 ( )0.5 (8)6.2 (2)6.2 (,)6.2 (0)6.2 (0)6.2 (0)6.2 ( H)6.2 ( )0.5 (shares)6.2 ( were)6.2 ( )0.5 (held)6.2 ( )0.5 (by)6.2 ( )0.5 (BlackRock)6.2 ( Asset)6.2 ( )0.5 (Management)6.2 ( )]TJ 0.068 Tc 0.078 Tw T* [(Ireland)13.9 ( Limited)13.9 (,)14 ( an)14 ( indirect)13.9 ( non)13.9 (-)13.9 (wholly)13.9 (-)13.9 (owned)13.9 ( subsidiary)13.9 ( of)13.9 ( BlackRock)13.9 (,)13.9 ( Inc)13.9 (.)14 (,)13.9 ( 2)13.9 (,)13.9 (4)14 (6)13.8 (9)14 (,)13.9 (0)13.9 (0)13.9 (0)40.2 ( )]TJ 0.069 Tc T* [(H)13.5 ( shares)13.4 ( were)13.5 ( held)13.5 ( by)13.5 ( BLACKROCK)13.5 ( \()13.5 (Luxembourg)13.5 (\))13.5 ( S)13.5 (.)13.5 (A)13.5 (.)13.5 (,)13.5 ( an)13.5 ( indirect)13.5 ( non)13.4 (-)13.6 (wholly)13.5 (-)13.5 (owned)41.2 ( )]TJ 0.028 Tc 0.013 Tw T* (subsidiary of BlackRock, Inc. Accordingly, BlackRock, Inc. was deemed as\ the owner of the H )Tj 0 Tw T* (share short positions held by its aforesaid subsidiaries.)Tj 0.052 Tc 0.078 Tw -2.984 -2.737 Td [(8)24.2 (.)24.2 ( )-1686.2 (These)14.1 ( 2)14.1 (0)14.1 (2)14.1 (,)14 (7)14.1 (0)14.1 (9)14.1 (,)14.1 (0)14 (4)14.1 (2)14.1 ( H)14 ( shares)14.1 ( were)14.1 ( held)14.1 ( by)14.1 ( The)14 ( Bank)14 ( of)14 ( New)14 ( York)14 ( Mellon)14.1 (,)14.1 ( a)14.1 ( wholly)14.1 (-)14.1 (owned)24.2 ( )]TJ 0.028 Tc 0.091 Tw 2.984 -1.368 Td [(subsidiary of )0.5 (The )0.5 (Bank of )0.5 (New )0.5 (York )0.5 (Mellon )0.5 (Corporation. Accordingly, )0.5 (The )0.5 (Bank )0.5 (of )0.5 (New )0.5 (York )]TJ 0.049 Tc 0.078 Tw T* [(Mellon)13.7 ( Corporation)13.7 ( was)13.7 ( deemed)13.7 ( as)13.7 ( the)13.7 ( owner)13.8 ( of)13.7 ( the)13.7 ( H)13.7 ( shares)13.7 ( equity)13.7 ( interests)13.8 ( held)13.7 ( by)13.7 ( its)21.2 ( )]TJ 0.028 Tc 0 Tw T* (aforesaid subsidiary.)Tj -0.028 Tw -2.984 -2.737 Td (* )Tj 0 Tw 9.5 0 2.5455 9.5 83.6148 296.5981 Tm (For identification purpose only)Tj ET endstreamendobj1610 0 obj<>endobj1544 0 obj<>/Font<>/ProcSet[/PDF/Text]/XObject<>>>/TrimBox[0.0 0.0 595.276 807.874]/Type/Page>>endobj1545 0 obj<>/Font<>/ProcSet[/PDF/Text]/XObject<>>>/TrimBox[0.0 0.0 595.276 807.874]/Type/Page>>endobj1546 0 obj<>/Font<>/ProcSet[/PDF/Text]/XObject<>>>/TrimBox[0.0 0.0 595.276 807.874]/Type/Page>>endobj1547 0 obj<>/Font<>/ProcSet[/PDF/Text]/XObject<>>>/TrimBox[0.0 0.0 595.276 807.874]/Type/Page>>endobj1548 0 obj<>/Font<>/ProcSet[/PDF/Text]/XObject<>>>/TrimBox[0.0 0.0 595.276 807.874]/Type/Page>>endobj1632 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT 1 0.36 0.14 0 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 41.1416 33.8036 Tm (84)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT 0 0 0 1 k /GS1 gs /T1_1 1 Tf 0.047 Tc 0.078 Tw 9.5 0 0 9.5 99.2126 673.5981 Tm [(JPMorgan)13.6 ( Chase)13.6 ( &)13.7 ( Co)13.6 (.)13.6 (,)13.7 ( 8)13.7 (,)13.6 (7)13.6 (3)13.6 (7)13.7 (,)13.6 (0)13.6 (0)13.6 (0)13.7 ( H)13.7 ( shares)13.6 ( were)13.6 ( held)13.6 ( by)13.7 ( J)13.7 (.)13.6 (P)13.6 (.)13.7 ( Morgan)13.6 ( Bank)13.6 ( Luxembourg)13.6 (,)19.2 ( )]TJ 0.07 Tc 0 -1.368 TD [(Copenhagen)13.9 ( Br)14 (,)13.9 ( filial)14 ( af)14 ( J)14 (.)13.9 (P)14 (.)13.9 ( Morgan)13.9 ( Bank)14 ( Luxembourg)14 ( S)14 (.)13.9 (A)14 (.)13.9 (,)14 ( an)14 ( indirect)13.9 ( wholly)14 (-)13.9 (owned)42.2 ( )]TJ 0.064 Tc T* [(subsidiary)14.2 ( )0.6 (of)14.3 ( )0.6 (JPMorgan)14.3 ( )0.6 (Chase)14.3 ( )0.5 (&)14.3 ( )0.5 (Co)14.3 (.)14.3 (,)14.3 ( )0.5 (5)14.3 (7)14.3 (7)14.2 (,)14.3 (0)14.3 (0)14.3 (0)14.3 ( )0.5 (H)14.3 ( )0.5 (shares)14.3 ( )0.5 (were)14.3 ( )0.5 (held)14.2 ( )0.6 (by)14.3 ( )0.5 (JPMorgan)14.2 ( )0.6 (Chase)36.2 ( )]TJ 0.028 Tc 0.072 Tw T* (Bank, N.A. \226 Sydney Branch, an indirect wholly-owned subsidiary of JP\Morgan Chase & Co., )Tj 0.03 Tc 0.09 Tw T* [(1)2.2 (,)2.2 (0)2.2 (3)2.2 (2)2.2 (,)2.2 (4)2.2 (5)2.2 (1)2.2 ( )0.5 (H)2.2 ( shares)2.2 ( were)2.2 ( held)2.2 ( )0.5 (by)2.2 ( )0.5 (J)2.2 (.)2.2 (P)2.2 (.)2.2 ( Morgan)2.2 ( Europe)2.2 ( Limited)2.3 ( \()2.2 (UK)2.2 (\))2.2 (,)2.2 ( Stockholm)2.2 ( )0.5 (Bankfilial)2.2 (,)2.2 ( an)2.2 ( )]TJ 0.033 Tc 0.087 Tw 0 -1.368 TD [(indirect)5.2 ( )0.5 (wholly)5.2 (-)5.2 (owned)5.2 ( )0.5 (subsidiary)5.2 ( of)5.2 ( JPMorgan)5.2 ( Chase)5.2 ( )0.5 (&)5.2 ( Co)5.2 (.)5.2 (,)5.2 ( )0.5 (6)5.2 (9)5.2 (,)5.2 (9)5.2 (7)5.2 (6)5.2 (,)5.2 (0)5.2 (0)5.2 (0)5.2 ( )0.5 (H)5.2 ( )0.5 (shares)5.2 ( )0.5 (were)5.2 ( )0.5 (held)5.2 ( )]TJ 0.052 Tc 0.077 Tw 0 -1.368 TD [(by)14.4 ( J)14.4 (.)14.3 (P)14.3 (.)14.4 ( Morg)0.5 (an)14.4 ( B)0.5 (ank)14.3 ( L)0.5 (uxe)0.5 (mbo)0.5 (urg)14.3 ( S)14.4 (.)14.3 (A)14.3 (.)14.4 (,)14.3 ( an)14.3 ( i)0.5 (ndi)0.5 (rect)14.4 ( wh)0.5 (olly)14.4 (-)14.3 (o)0.5 (wne)0.5 (d)14.3 ( sub)0.5 (sid)0.5 (iar)0.5 (y)14.3 ( of)14.3 ( J)0.5 (PMo)0.5 (rga)0.5 (n)24.2 ( )]TJ 0.024 Tc 0 Tw T* [(Chase & Co., 135,648,876 H shares were held by JPMorgan Chase Bank, Nati\onal Association,)-3.8 ( )]TJ 0.055 Tc 0.078 Tw T* [(a)14.2 ( )0.5 (wholly)14.3 (-)14.2 (owned)14.2 ( )0.5 (subsidiary)14.2 ( )0.5 (of)14.2 ( )0.5 (JPMorgan)14.2 ( )0.5 (Chase)14.2 ( )0.5 (&)14.2 ( )0.5 (Co)14.2 (.)14.2 (,)14.2 ( )0.5 (2)14.2 (8)14.3 (,)14.2 (2)14.2 (7)14.2 (4)14.2 (,)14.2 (9)14.3 (2)14.2 (9)14.2 ( )0.5 (H)14.2 ( )0.5 (shares)14.2 ( )0.5 (were)14.2 ( )0.5 (held)14.2 ( by)27.2 ( )]TJ 0.048 Tc T* [(JPMorgan)14.1 ( Chase)14.2 ( Bank)14.2 (,)14.1 ( N)14.2 (.)14.1 (A)14.2 (.)14.1 ( \226)14.2 ( Hong)14.1 ( Kong)14.1 ( Branch)14.1 (,)14.2 ( an)14.2 ( indirect)14.2 ( wholly)14.1 (-)14.2 (owned)14.1 ( )0.5 (subsidiary)14.2 ( of)20.2 ( )]TJ 0.044 Tc T* [(JPMorgan)14.3 ( )0.5 (Chase)14.3 ( )0.5 (&)14.3 ( )0.5 (Co)14.2 (.)14.3 (,)14.3 ( )0.5 (4)14.3 (8)14.2 (,)14.3 (3)14.3 (2)14.3 (9)14.2 (,)14.3 (0)14.3 (0)14.2 (0)14.3 ( )0.5 (H)14.3 ( )0.5 (shares)14.2 ( )0.6 (were)14.3 ( )0.5 (held)14.3 ( )0.5 (by)14.3 ( )0.5 (JF)14.2 ( )0.6 (Asset)14.3 ( )0.5 (Management)14.2 ( )0.6 (Limited)14.3 (,)16.2 ( )]TJ 0.028 Tc 0.059 Tw T* (an indirect non-wholly-owned subsidiary of JPMorgan Chase & Co., 2,207,0\00 H shares were )Tj 0.029 Tc 0.091 Tw T* [(held)1.2 ( )0.5 (by)1.2 ( )0.5 (J)1.2 (.)1.2 (P)1.2 (.)1.2 ( )0.5 (Morgan)1.2 ( )0.5 (\()1.2 (Suisse)1.3 (\))1.2 ( SA)1.2 (,)1.2 ( )0.5 (an)1.2 ( )0.5 (indirect)1.2 ( wholly)1.2 (-)1.2 (owned)1.2 ( )0.5 (subsidiary)1.2 ( )0.5 (of)1.2 ( )0.5 (JPMorgan)1.2 ( )0.5 (Chase)1.2 ( )0.5 (&)1.2 ( )]TJ 0.028 Tc 0.089 Tw T* (Co., 29,752,012 H shares were held by J.P. Morgan Securities plc, an ind\irect wholly-owned )Tj 0.007 Tw T* (subsidiary of JPMorgan Chase & Co. Accordingly, JPMorgan Chase & Co. was\ deemed as the )Tj 0 Tw 0 -1.368 TD (owner of the H share equity interests held by its aforesaid subsidiaries\.)Tj 0.009 Tw -2.984 -2.737 Td [(4. )-1779.2 (Among these 9,627,991 H shares, 494,000 H shares were held by J.P. Morga\n Securities LLC, )]TJ 0.033 Tw 2.984 -1.368 Td (an indirect wholly-owned subsidiary of JPMorgan Chase & Co., 83,000 H sh\ares were held by )Tj 0.034 Tc 0.086 Tw 0 -1.368 TD [(J)6.2 (.)6.2 (P)6.2 (.)6.2 ( Morgan)6.2 ( Prime)6.2 ( Inc)6.1 (.)6.3 (,)6.1 ( )0.5 (an)6.2 ( indirect)6.2 ( wholly)6.2 (-)6.2 (owned)6.2 ( )0.5 (subsidiary)6.2 ( )0.5 (of)6.2 ( )0.5 (JPMorgan)6.2 ( )0.5 (Chase)6.2 ( )0.5 (&)6.2 ( Co)6.2 (.)6.2 (,)6.2 ( )0.5 (1)6.2 ( H)6.2 ( )]TJ 0.028 Tc 0.043 Tw T* (share was held by J.P. Morgan Structured Products B.V., an indirect whol\ly-owned subsidiary )Tj 0.037 Tc 0.083 Tw T* [(o)0.5 (f)9.2 ( )0.5 (J)0.5 (P)0.5 (M)0.5 (o)0.5 (r)0.6 (g)0.5 (a)0.5 (n)9.2 ( )0.5 (C)0.5 (h)0.5 (a)0.5 (s)0.5 (e)9.2 ( )0.5 (&)9.2 ( )0.5 (C)0.5 (o)9.2 (.)9.2 (,)9.2 ( 9)9.2 (,)9.2 (0)9.2 (5)9.3 (0)9.2 (,)9.2 (9)9.2 (9)9.2 (0)9.2 ( H)9.2 ( )0.5 (s)0.5 (h)0.5 (a)0.5 (r)0.6 (e)0.5 (s)9.2 ( w)0.6 (e)0.5 (r)0.5 (e)9.2 ( )0.5 (h)0.5 (e)0.5 (l)0.5 (d)9.2 ( )0.5 (b)0.5 (y)9.2 ( )0.5 (J)9.2 (.)9.2 (P)9.2 (.)9.2 ( M)0.6 (o)0.5 (r)0.5 (g)0.5 (a)0.5 (n)9.2 ( )0.5 (S)0.5 (e)0.5 (c)0.5 (u)0.5 (r)0.6 (i)0.5 (t)0.5 (i)0.5 (e)0.6 (s)9.2 ( p)0.5 (l)0.6 (c)9.2 (,)9.2 ( a)0.5 (n)9.3 ( )]TJ 0.028 Tc 0.09 Tw T* (indirect wholly-owned subsidiary of JPMorgan Chase & Co. Accordingly, JP\Morgan Chase & )Tj 0.027 Tc 0 Tw T* (Co. was deemed as the owner of the H share short positions held by its a\foresaid subsidiaries.)Tj 0.089 Tc 0.078 Tw -2.984 -2.737 Td [(5)61.2 (.)61.2 ( )-1649.2 (Among)13.5 ( these)13.5 ( 3)13.5 (1)13.5 (5)13.5 (,)13.5 (7)13.5 (3)13.5 (8)13.5 (,)13.5 (0)13.5 (7)13.5 (6)13.5 ( H)13.6 ( shares)13.5 (,)13.5 ( 2)13.5 (4)13.5 (0)13.5 (,)13.5 (1)13.5 (9)13.5 (5)13.5 (,)13.4 (6)13.6 (8)13.5 (6)13.4 ( H)13.5 ( shares)13.5 ( were)13.6 ( held)13.5 ( by)13.5 ( Wellington)61.2 ( )]TJ 0.095 Tc 2.984 -1.368 Td [(Management)14.3 ( )0.5 (Company)14.2 ( )0.5 (LLP)14.3 (,)14.2 ( )0.5 (an)14.2 ( )0.5 (indirect)14.2 ( )0.6 (non)14.2 (-)14.2 (wholly)14.3 (-)14.2 (owned)14.3 ( )0.5 (subsidiary)14.3 ( )0.5 (of)14.3 ( )0.5 (Wellington)67.2 ( )]TJ 0.051 Tc 0.077 Tw T* [(Management)14.3 ( Group)14.3 ( LLP)14.3 (,)14.3 ( 1)14.4 (,)14.2 (3)14.3 (2)14.3 (0)14.3 (,)14.3 (1)14.3 (0)14.3 (0)14.3 ( H)14.4 ( shares)14.3 ( were)14.3 ( hel)0.5 (d)14.3 ( by)14.3 ( Wel)0.5 (lington)14.3 ( Managem)0.5 (ent)14.3 ( Hong)23.2 ( )]TJ 0.047 Tc T* [(Ko)0.5 (ng)14.4 ( Ltd)14.4 (,)14.3 ( a)0.5 (n)14.3 ( i)0.5 (ndi)0.5 (re)0.5 (ct)14.4 ( n)0.5 (on)14.4 (-)14.3 (w)0.5 (ho)0.5 (ll)0.5 (y)14.3 (-)14.3 (o)0.5 (wn)0.5 (ed)14.4 ( s)0.5 (ub)0.5 (si)0.5 (di)0.5 (ar)0.5 (y)14.3 ( of)14.4 ( Wel)0.5 (l)0.5 (in)0.5 (gto)0.5 (n)14.3 ( M)0.5 (ana)0.5 (ge)0.5 (me)0.5 (nt)14.3 ( G)0.5 (rou)0.5 (p)14.3 ( L)0.5 (LP)14.4 (,)19.2 ( )]TJ 0.028 Tc 0.064 Tw T* (74,222,290 H shares were held by Wellington Management International Ltd\, an indirect non-)Tj 0.058 Tc 0.078 Tw T* [(wholly)13.5 (-)13.5 (owned)13.4 ( subsidiary)13.4 ( of)13.5 ( Wellington)13.4 ( Management)13.5 ( Group)13.5 ( LLP)13.5 (.)13.4 ( Accordingly)13.4 (,)13.5 ( Wellington)30.3 ( )]TJ 0.028 Tc 0.015 Tw T* (Management Group LLP was deemed as the owner of the H shares equity inte\rests held by its )Tj 0 Tw T* (aforesaid subsidiaries.)Tj 0.064 Tw -2.984 -2.737 Td [(6. )-1724.3 (Among )0.5 (these )0.6 (244,065,053 )0.5 (H )0.6 (shares, )0.6 (1,024,100 )0.5 (H )0.6 (shares )0.5 (were )0.6 (held )0.6 (by )0.5 (BlackRock )0.5 (Investment )]TJ 0.061 Tc 0.078 Tw 2.984 -1.368 Td [(Management)13.7 (,)13.5 ( LLC)13.6 (,)13.6 ( an)13.6 ( indirect)13.6 ( wholly)13.6 (-)13.6 (owned)13.6 ( subsidiary)13.6 ( of)13.6 ( BlackRock)13.6 (,)13.6 ( Inc)13.6 (.)13.6 (,)13.6 ( 3)13.6 (,)13.6 (7)13.6 (4)13.6 (6)13.6 (,)13.6 (0)13.6 (0)13.6 (0)13.6 ( H)33.3 ( )]TJ 0.071 Tc T* [(shares)14.1 ( )0.5 (were)14.2 ( held)14.2 ( )0.5 (by)14.2 ( BlackRock)14.2 ( )0.5 (Financial)14.2 ( )0.5 (Management)14.2 (,)14.2 ( Inc)14.1 (.)14.2 (,)14.2 ( an)14.2 ( indirect)14.2 ( wholly)14.1 (-)14.2 (owned)43.2 ( )]TJ 0.057 Tc T* [(subsidiary)13.6 ( of)13.6 ( BlackRock)13.6 (,)13.6 ( Inc)13.7 (.)13.6 (,)13.6 ( 3)13.6 (9)13.6 (,)13.7 (2)13.6 (3)13.6 (5)13.7 (,)13.6 (4)13.6 (6)13.6 (8)13.6 ( H)13.7 ( shares)13.6 ( were)13.6 ( held)13.6 ( by)13.6 ( BlackRock)13.6 ( Institutional)29.3 ( )]TJ 0.028 Tc 0.085 Tw T* (Trust Company, National Association, an indirect non-wholly-owned subsid\iary of BlackRock, )Tj 0.049 Tc 0.077 Tw T* [(Inc)14.3 (.)14.2 (,)14.3 ( 7)14.2 (3)14.3 (,)14.3 (1)14.2 (9)14.3 (8)14.2 (,)14.3 (0)14.2 (0)14.3 (0)14.2 ( H)14.2 ( shares)14.3 ( were)14.3 ( held)14.3 ( by)14.2 ( BlackRock)14.3 ( Fund)14.2 ( Advisors)14.2 (,)14.3 ( an)14.3 ( indirect)14.3 ( non)14.3 (-)14.3 (wholly)14.2 (-)]TJ 0.028 Tc 0.052 Tw T* (owned subsidiary of BlackRock, Inc., 10,508,000 H shares were held by Bl\ackRock Advisors, )Tj 0.037 Tc 0.083 Tw T* [(LLC)9.2 (,)9.2 ( )0.5 (an)9.2 ( )0.5 (indirect)9.2 ( wholly)9.2 (-)9.3 (owned)9.2 ( )0.5 (subsidiary)9.1 ( )0.5 (of)9.2 ( BlackRock)9.2 (,)9.2 ( Inc)9.2 (.)9.2 (,)9.2 ( )0.5 (2)9.2 (,)9.2 (7)9.2 (3)9.2 (6)9.2 (,)9.2 (7)9.2 (4)9.2 (1)9.2 ( )0.5 (H)9.2 ( shares)9.2 ( )0.5 (were)9.2 ( )0.5 (held)9.2 ( )]TJ 0.041 Tc 0.079 Tw T* [(by)13.2 ( )0.5 (BlackRock)13.2 ( )0.5 (Japan)13.2 ( )0.5 (Co)13.2 (.)13.2 (,)13.2 ( Ltd)13.2 (.)13.2 (,)13.2 ( an)13.2 ( )0.5 (indirect)13.2 ( )0.5 (non)13.2 (-)13.2 (wholly)13.2 (-)13.2 (owned)13.2 ( )0.5 (subsidiary)13.2 ( of)13.2 ( )0.5 (BlackRock)13.2 (,)13.2 ( )0.5 (Inc)13.2 (.)13.2 (,)13.2 ( )]TJ 0.028 Tc 0.078 Tw T* (1,362,000 H shares were held by BlackRock Asset Management Canada Limite\d, an indirect )Tj 0.036 Tc 0.084 Tw 0 -1.368 TD [(non)8.2 (-)8.2 (wholly)8.2 (-)8.2 (owned)8.2 ( subsidiary)8.2 ( )0.5 (of)8.2 ( BlackRock)8.2 (,)8.2 ( )0.5 (Inc)8.2 (.)8.2 (,)8.2 ( )0.5 (8)8.2 (3)8.2 (9)8.2 (,)8.2 (0)8.2 (0)8.2 (0)8.2 ( H)8.2 ( )0.5 (shares)8.2 ( )0.5 (were)8.2 ( )0.5 (hel)0.5 (d)8.2 ( by)8.2 ( )0.5 (BlackRock)8.1 ( )]TJ 0.062 Tc 0.078 Tw 0 -1.368 TD [(Investment)13.7 ( Management)13.7 ( \()13.7 (Australia)13.7 (\))13.7 ( Limited)13.7 (,)13.7 ( an)13.7 ( indirect)13.7 ( non)13.7 (-)13.8 (wholly)13.7 (-)13.7 (owned)13.8 ( subsidiary)13.7 ( of)34.2 ( )]TJ 0.028 Tc 0.091 Tw T* (BlackRock, Inc., 2,013,661 H shares were held by BlackRock Asset Managem\ent North Asia )Tj 0.031 Tc 0.089 Tw T* [(Limite)0.5 (d)3.2 (,)3.2 ( an)3.3 ( i)0.5 (nd)0.5 (irect)3.2 ( )0.5 (non)3.2 (-)3.2 (wholl)0.5 (y)3.2 (-)3.2 (owned)3.2 ( )0.5 (subsidi)0.5 (ary)3.2 ( o)0.5 (f)3.2 ( Bl)0.5 (ackRock)3.2 (,)3.2 ( )0.5 (Inc)3.2 (.)3.2 (,)3.2 ( )0.5 (4)3.2 (6)3.2 (5)3.2 (,)3.2 (0)3.2 (0)3.2 (0)3.2 ( )0.5 (H)3.2 ( )0.5 (shares)3.2 ( )0.5 (were)3.2 ( )]TJ ET endstreamendobj1633 0 obj<>endobj1630 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT 1 0.36 0.14 0 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 540.4565 33.8036 Tm (83)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT 0 0 0 1 k /GS1 gs /T1_1 1 Tf 0 Tw 6.3 0 0 10.5 70.8661 625.6484 Tm (Name of Shareholder)Tj 17.548 1.333 Td (Class of )Tj -0.028 Tw 0 -1.333 TD (Share)Tj 8.549 0 Td (Capacity)Tj 24.879 4 Td (Number )Tj 0 Tw -1.168 -1.333 Td (of Shares/)Tj -0.028 Tw -0.388 -1.333 Td (Underlying )Tj 0 Tw -0.585 -1.333 Td (Shares Held)Tj 7.265 4 Td (Percentage in )Tj 0.64 -1.333 Td (the Relevant )Tj 2.167 -1.333 Td (Class of )Tj -2.64 -1.333 Td (Share Capital)Tj -0.028 Tw 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1 0 0 1 473.3858 593.317 cm 0 0 m 51.024 0 l S Q BT /GS1 gs 6.3 0 0 10.5 473.3858 594.1505 Tm ( )Tj 0.028 Tc -63.892 -2.667 Td (The Bank of New York Mellon )Tj -0.028 Tw 1.575 -1.333 Td (Corporation)Tj 0 Tw 15.973 1.333 Td (H shares)Tj 8.549 0 Td (Interests of corporation controlled by )Tj 1.575 -1.333 Td (substantial Shareholders)Tj -0.028 Tw 21.384 1.333 Td (202,709,042 )Tj 0 Tw 6.3 0 2.8135 10.5 391.634 552.1505 Tm (\(Note 8\) )Tj 6.3 0 0 10.5 371.8802 538.1505 Tm (\(Long position\))Tj -0.028 Tw 13.183 2.667 Td (6.07)Tj 8.099 0 Td (2.52)Tj 0 Tw -69.062 -4 Td (The Bank of New York Mellon )Tj -0.028 Tw 1.575 -1.333 Td (Corporation)Tj 0 Tw 15.973 1.333 Td (H shares)Tj 8.549 0 Td (Approved lending agent)Tj -0.028 Tw 22.958 0 Td (197,680,442 )Tj 0 Tw 1.087 -1.333 Td (\(Shares in )Tj -2.362 -1.333 Td (a lending pool\))Tj -0.028 Tw 13.183 2.667 Td (5.92)Tj 8.099 0 Td (2.46)Tj 0 Tw -69.062 -4 Td (T. Rowe Price Associates, Inc. )Tj 1.575 -1.333 Td (and its Affiliates)Tj 15.973 1.333 Td (H shares)Tj 8.549 0 Td (Beneficial owner)Tj -0.028 Tw 22.958 0 Td (196,748,000 )Tj 0 Tw -1.275 -1.333 Td (\(Long position\))Tj -0.028 Tw 13.183 1.333 Td (5.89)Tj 8.099 0 Td (2.45)Tj 9.5 0 2.5455 9.5 69.8912 440.4839 Tm (Notes)Tj /C0_0 1 Tf 0 Tc 0 Tw <006A>Tj /T1_2 1 Tf 0.028 Tc 0.027 Tw 9.5 0 0 9.5 70.8661 414.4839 Tm [(1. )-1761.2 (The percentage is based on the issued number of relevant class of shares\/total issued shares )]TJ 0 Tw 2.984 -1.368 Td (of the Company as at 31 December 2018.)Tj 0.043 Tc 0.077 Tw -2.984 -2.737 Td [(2)15.2 (.)15.2 ( )-1696.2 (Among)14.3 ( these)14.3 ( 4)14.3 (,)14.3 (6)14.2 (9)14.3 (6)14.3 (,)14.3 (3)14.3 (6)14.3 (0)14.3 (,)14.3 (0)14.3 (0)14.3 (0)14.3 ( domestic)14.3 ( shares)14.3 (,)14.3 ( 4)14.3 (,)14.3 (6)14.3 (0)14.2 (2)14.3 (,)14.3 (4)14.3 (3)14.3 (2)14.3 (,)14.3 (8)14.3 (0)14.3 (0)14.2 ( domesti)0.5 (c)14.2 ( shares)14.3 ( were)14.3 ( directly)15.2 ( )]TJ 0.028 Tc 0.065 Tw 2.984 -1.368 Td (held by CHN Energy while the remaining 93,927,200 shares were held by Gu\odian Northeast )Tj 0.042 Tc 0.078 Tw 0 -1.368 TD [(Electric)14.1 ( Power)14.1 ( Co)14.1 (.)14 (,)14.1 ( Ltd)14.1 (.)14 (*)14.1 ( \()]TJ /C0_0 1 Tf 0.028 Tc -0.028 Tw 12.819 0 Td <0A370F650607030F0F65026203DE082202AE0321>Tj /T1_2 1 Tf 0.042 Tc 0.078 Tw [(\))14.1 (,)14 ( a)14 ( subsidiary)14.1 ( of)14.1 ( CHN)14 ( Energy)14 (.)14.1 ( Accordingly)14 (,)14.3 ( )]TJ 0.048 Tc -12.819 -1.368 Td [(CHN)13.5 ( Energy)13.5 ( was)13.5 ( deemed)13.6 ( as)13.5 ( the)13.6 ( owner)13.6 ( of)13.5 ( the)13.6 ( equity)13.5 ( interests)13.5 ( held)13.5 ( by)13.6 ( Guodian)13.5 ( Northeast)20.2 ( )]TJ 0.028 Tc 0 Tw 0 -1.368 TD (Electric Power Co., Ltd.* \()Tj /C0_0 1 Tf -0.028 Tw <0A370F650607030F0F65026203DE082202AE0321>Tj /T1_2 1 Tf (\).)Tj 0.043 Tc 0.092 Tw -2.984 -2.737 Td [(3)15.2 (.)15.2 ( )-1681.3 (A)-13.8 (m)-13.8 (o)-13.8 (n)-13.9 (g t)-13.8 (h)-13.8 (e)-13.8 (s)-13.9 (e 367,217,887 H s)-13.8 (h)-13.9 (a)-13.8 (r)-13.8 (e)-13.9 (s, 4,661,000 H s)-13.9 (h)-13.8 (a)-13.9 (r)-13.8 (e)-13.8 (s w)-13.8 (e)-13.9 (r)-13.8 (e h)-13.8 (e)-13.9 (l)-13.8 (d b)-13.8 (y J.P. M)-13.8 (o)-13.9 (r)-13.8 (g)-13.8 (a)-13.8 (n B)-13.9 (a)-13.8 (n)-13.8 (k)15.2 ( )]TJ 0.051 Tc 0.078 Tw 2.984 -1.368 Td [(Luxembourg)13.8 ( S)13.8 (.)13.8 (A)13.7 (.)13.8 ( \226)13.7 ( Amsterdam)13.8 ( Branch)13.8 (,)13.8 ( an)13.7 ( indirect)13.8 ( wholly)13.8 (-)13.7 (owned)13.7 ( subsidiary)13.8 ( of)13.8 ( JPMorgan)23.1 ( )]TJ 0.048 Tc T* [(Chase)14.1 ( &)14.1 ( Co)14.1 (.)14.1 (,)14.1 ( 1)14.1 (,)14.1 (5)14.1 (2)14.1 (2)14.1 (,)14.1 (0)14.1 (0)14.1 (0)14.1 ( H)14.1 ( shares)14.2 ( were)14.1 ( held)14.1 ( by)14.1 ( J)14.1 (.)14.2 (P)14.1 (.)14.1 ( Morgan)14.1 ( AG)14.1 (,)14.1 ( an)14.1 ( indirect)14.1 ( wholly)14.1 (-)14.1 (owned)20.2 ( )]TJ 0.059 Tc T* [(subsidiary)13.9 ( of)13.9 ( JPMorgan)13.9 ( Chase)13.9 ( &)13.9 ( Co)13.9 (.)13.9 (,)13.9 ( 2)13.9 (5)13.9 (0)13.9 (,)13.9 (0)13.8 (0)13.9 (0)13.9 ( H)13.9 ( shares)13.9 ( were)13.9 ( held)13.9 ( by)13.9 ( J)13.9 (.)13.9 (P)13.8 (.)13.9 ( Morgan)13.9 ( Bank)31.2 ( )]TJ 0.046 Tc 0.077 Tw T* [(L)0.5 (u)0.5 (x)0.5 (e)0.5 (m)0.5 (b)0.5 (o)0.5 (u)0.5 (r)0.5 (g)14.4 ( S)14.4 (.)14.4 (A)14.4 (.)14.4 ( \226)14.4 ( S)0.5 (t)0.5 (o)0.5 (c)0.5 (k)0.5 (h)0.5 (o)0.5 (l)0.5 (m)14.4 ( B)0.5 (a)0.5 (n)0.5 (kf)0.5 (i)0.5 (l)0.6 (i)0.5 (a)0.5 (l)14.4 (,)14.4 ( a)0.5 (n)14.4 ( i)0.6 (n)0.5 (d)0.5 (i)0.5 (r)0.5 (e)0.5 (c)0.5 (t)14.4 ( w)0.5 (h)0.5 (o)0.5 (l)0.5 (l)0.5 (y)14.4 (-)14.4 (o)0.5 (w)0.5 (n)0.5 (e)0.5 (d)14.4 ( s)0.5 (u)0.5 (b)0.5 (s)0.5 (i)0.5 (d)0.5 (i)0.5 (a)0.5 (r)0.5 (y)14.4 ( o)0.5 (f)14.4 ( J)0.5 (P)0.5 (M)0.6 (or)0.5 (g)0.5 (a)0.5 (n)18.3 ( )]TJ 0.028 Tc 0.066 Tw T* (Chase & Co., 494,000 H shares were held by J.P. Morgan Securities LLC, a\n indirect wholly-)Tj 0.044 Tc 0.077 Tw 0 -1.368 TD [(o)0.5 (w)0.5 (n)0.6 (e)0.5 (d)14.4 ( s)0.6 (u)0.5 (b)0.5 (s)0.5 (i)0.5 (d)0.6 (i)0.5 (a)0.5 (r)0.5 (y)14.4 ( o)0.5 (f)14.4 ( J)0.5 (P)0.5 (M)0.5 (o)0.6 (r)0.5 (g)0.5 (a)0.5 (n)14.4 ( C)0.5 (h)0.5 (a)0.6 (s)0.5 (e)14.4 ( &)14.5 ( C)0.6 (o)14.4 (.)14.4 (,)14.4 ( 1)14.4 (5)14.4 (,)14.4 (9)14.4 (0)14.4 (4)14.4 (,)14.5 (0)14.4 (7)14.4 (0)14.4 ( H)14.4 ( s)0.5 (h)0.5 (a)0.5 (r)0.5 (e)0.5 (s)14.4 ( w)0.5 (e)0.5 (r)0.6 (e)14.4 ( h)0.6 (e)0.5 (l)0.5 (d)14.4 ( b)0.5 (y)14.4 ( J)0.5 (P)0.5 (M)0.5 (o)0.6 (r)0.5 (g)0.5 (a)0.5 (n)16.2 ( )]TJ 0.028 Tc 0.066 Tw 0 -1.368 TD (Chase Bank, N.A. \226 London Branch, an indirect wholly-owned subsidiary\ of JPMorgan Chase )Tj 0.071 Tc 0.078 Tw T* [(&)14 ( Co)14 (.)14 (,)13.9 ( 1)13.9 (,)14 (8)14 (1)14 (9)14 (,)13.9 (0)14 (0)14 (0)13.9 ( H)14 ( shares)13.9 ( were)14 ( held)14 ( by)14 ( J)14 (.)13.9 (P)14 (.)14 ( Morgan)14 ( Investment)14 ( Management)14 ( Inc)13.9 (.)14 (,)14 ( an)43.2 ( )]TJ 0.044 Tc 0.077 Tw T* [(i)0.5 (n)0.5 (di)0.5 (r)0.5 (e)0.5 (ct)14.4 ( w)0.5 (h)0.5 (o)0.5 (l)0.5 (l)0.5 (y)14.3 (-)14.4 (o)0.5 (w)0.5 (ne)0.5 (d)14.4 ( s)0.5 (u)0.5 (bs)0.5 (i)0.5 (d)0.5 (i)0.5 (ar)0.5 (y)14.4 ( o)0.5 (f)14.4 ( J)0.5 (P)0.5 (Mo)0.5 (r)0.5 (g)0.5 (an)14.4 ( C)0.5 (h)0.5 (a)0.5 (se)14.4 ( &)14.4 ( C)0.5 (o)14.4 (.)14.4 (,)14.4 ( 4)14.4 (,)14.3 (2)14.4 (0)14.4 (9)14.4 (,)14.3 (0)14.4 (0)14.4 (0)14.3 ( H)14.4 ( sh)0.5 (a)0.5 (r)0.5 (es)14.4 ( w)0.5 (e)0.5 (r)0.5 (e)14.4 ( h)0.5 (el)0.5 (d)16.2 ( )]TJ 0.047 Tc 0.078 Tw T* [(by)13.8 ( JPMorgan)13.8 ( Asset)13.8 ( Management)13.8 ( \()13.8 (Taiwan)13.8 (\))13.8 ( Limited)13.8 (,)13.8 ( an)13.8 ( indirect)13.7 ( wholly)13.8 (-)13.8 (owned)13.8 ( subsidiary)13.9 ( of)19.2 ( )]TJ 0.044 Tc T* [(JPMorgan)13.6 ( Chase)13.5 ( &)13.5 ( Co)13.6 (.)13.5 (,)13.5 ( 1)13.6 (4)13.5 (1)13.5 (,)13.5 (5)13.6 (4)13.5 (9)13.5 ( H)13.5 ( shares)13.5 ( were)13.5 ( held)13.6 ( by)13.5 ( J)13.5 (.)13.5 (P)13.6 (.)13.5 ( Morgan)13.5 ( Europe)13.6 ( Limited)13.5 (,)13.5 ( Oslo)16.2 ( )]TJ 0.048 Tc T* [(Branch)14.1 (,)14.1 ( an)14 ( indirect)14 ( wholly)14.1 (-)14.1 (owned)14.1 ( subsidiary)14 ( of)14.1 ( JPMorgan)14.1 ( Chase)14.1 ( &)14.1 ( Co)14 (.)14.1 (,)14.1 ( 4)14.1 (8)14 (5)14.1 (,)14.1 (0)14 (0)14.1 (0)14 ( H)14.1 ( shares)20.2 ( )]TJ 0.028 Tc 0.03 Tw T* (were held by JPMorgan Asset Management \(UK\) Limited, an indirect wholl\y-owned subsidiary )Tj 0.064 Tw T* [(of )0.5 (JPMorgan )0.5 (Chase )0.5 (& )0.5 (Co., )0.5 (83,000 )0.5 (H )0.5 (shares were held )0.5 (by J.P. )0.5 (Morgan Prime )0.5 (Inc., )0.5 (an )0.5 (indirect )]TJ 0.058 Tc 0.078 Tw T* [(wholly)13.8 (-)13.8 (owned)13.8 ( subsidiary)13.8 ( of)13.8 ( JPMorgan)13.8 ( Chase)13.8 ( &)13.8 ( Co)13.9 (.)13.8 (,)13.8 ( 8)13.8 (2)13.8 (9)13.9 (,)13.8 (0)13.8 (0)13.8 (0)13.8 ( H)13.9 ( shares)13.8 ( were)13.8 ( held)13.9 ( by)13.8 ( J)13.8 (.)13.8 (P)13.9 (.)30.2 ( )]TJ 0.052 Tc 0.077 Tw 0 -1.368 TD [(Mor)0.5 (gan)14.3 ( Europe)14.4 ( \()14.4 (UK)14.3 (\))14.3 (,)14.3 ( Cop)0.5 (enhagen)14.4 ( B)0.5 (r)14.3 (,)14.3 ( f)0.5 (ilia)0.5 (l)14.3 ( a)0.5 (f)14.3 ( J)14.3 (.)14.4 (P)14.3 (.)14.3 ( Morga)0.5 (n)14.3 ( E)0.5 (urope)14.3 ( Ltd)14.4 (,)14.3 ( S)0.5 (torbri)0.5 (tannie)0.5 (n)14.3 (,)14.3 ( a)0.5 (n)24.2 ( )]TJ 0.033 Tc 0.087 Tw 0 -1.368 TD [(indirect)5.2 ( )0.5 (wholly)5.2 (-)5.2 (owned)5.2 ( )0.5 (subsidiary)5.2 ( of)5.2 ( JPMorgan)5.2 ( Chase)5.2 ( )0.5 (&)5.2 ( Co)5.2 (.)5.2 (,)5.2 ( )0.5 (1)5.2 (2)5.2 (,)5.2 (2)5.2 (8)5.2 (6)5.2 (,)5.2 (0)5.2 (0)5.2 (0)5.2 ( )0.5 (H)5.2 ( )0.5 (shares)5.2 ( )0.5 (were)5.2 ( )0.5 (held)5.2 ( )]TJ 0.047 Tc 0.077 Tw T* [(b)0.5 (y)14.3 ( J)14.3 (.)14.3 (P)14.4 (.)14.3 ( M)0.5 (org)0.5 (an)14.4 ( E)0.5 (ur)0.5 (op)0.5 (e)14.3 ( Li)0.5 (mi)0.5 (ted)14.4 (,)14.3 ( H)0.5 (el)0.5 (sin)0.5 (gi)0.5 (n)14.3 ( si)0.5 (vu)0.5 (li)0.5 (ike)14.4 (,)14.3 ( an)14.4 ( in)0.5 (dir)0.5 (ec)0.5 (t)14.3 ( wh)0.5 (ol)0.5 (ly)14.4 (-)14.3 (ow)0.5 (ne)0.5 (d)14.3 ( su)0.5 (bsi)0.5 (di)0.5 (ar)0.5 (y)14.3 ( of)19.2 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605.7551 Tm (PROFIT DISTRIBUTION)Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 0.076 Tc 0.078 Tw 10.5 0 0 10.5 70.8661 573.7551 Tm [(The)14.3 ( )0.5 (Board)14.2 ( )0.6 (recommends)14.2 ( )0.5 (to)14.2 ( )0.5 (distribute)14.2 ( )0.5 (a)14.3 ( )0.5 (final)14.3 ( )0.5 (dividend)14.3 ( )0.5 (of)14.2 ( )0.5 (RMB)14.3 (0)14.2 (.)14.3 (0)14.2 (9)14.3 (7)14.2 (7)14.3 ( )0.5 (per)14.3 ( )0.5 (share)14.3 ( )0.5 (\()14.2 (tax)48.3 ( )]TJ 0.069 Tc T* [(inclusive)13.5 (\))13.4 ( in)13.5 ( cash)13.4 ( to)13.5 ( the)13.5 ( Shareholders)13.5 ( for)13.5 ( the)13.5 ( year)13.5 ( ended)13.5 ( 3)13.5 (1)13.4 ( December)13.4 ( 2)13.4 (0)13.5 (1)13.4 (8)13.5 (.)13.5 ( Such)41.2 ( )]TJ 0.042 Tc T* [(dividend)13.6 ( will)13.6 ( be)13.6 ( subject)13.6 ( to)13.6 ( Shareholders)13.5 (\222)13.6 ( approval)13.6 ( at)13.5 ( the)13.5 ( annual)13.6 ( general)13.6 ( meeting)13.6 ( of)13.5 ( the)14.2 ( )]TJ 0.044 Tc T* [(Company)14.1 ( to)14.1 ( be)14.1 ( held)14.1 ( on)14.1 ( Friday)14.1 (,)14.1 ( 1)14.1 (7)14.1 ( May)14.1 ( 2)14 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(o)0.6 (n)13.2 (-)13.2 (r)0.5 (e)0.6 (s)0.5 (i)0.6 (d)0.5 (e)0.6 (n)0.5 (t)13.2 ( )0.5 (e)0.5 (n)0.6 (t)0.5 (e)0.5 (r)0.6 (p)0.6 (r)0.5 (i)0.6 (s)0.5 (e)13.2 ( )0.5 (S)0.5 (h)0.6 (a)0.5 (r)0.5 (e)0.6 (h)0.5 (o)0.6 (l)0.5 (d)0.6 (e)0.5 (r)0.6 (s)13.2 ( w)0.6 (h)0.5 (o)0.6 (s)0.5 (e)13.2 ( )0.5 (n)0.5 (a)0.6 (m)0.5 (e)0.6 (s)13.2 ( )]TJ 0.028 Tc 0.053 Tw T* (appear on the register of members for H shares of the Company, it is req\uired to withhold )Tj 0.042 Tc 0.078 Tw T* [(and)13.8 ( pay)13.9 ( enterprise)13.9 ( income)13.9 ( tax)13.9 ( at)13.9 ( the)13.9 ( rate)13.8 ( of)13.8 ( 1)13.8 (0)13.9 (%)13.9 (.)13.9 ( Any)13.9 ( H)13.9 ( shares)13.8 ( registered)13.9 ( in)13.9 ( the)13.9 ( name)14.2 ( )]TJ 0.046 Tc T* [(of)14.3 ( )0.5 (non)14.3 (-)14.2 (individual)14.2 ( )0.5 (registered)14.2 ( )0.5 (H)14.3 (-)14.2 (share)14.2 ( )0.5 (Shareholders)14.3 (,)14.2 ( )0.5 (including)14.3 ( )0.5 (HKSCC)14.3 ( )0.5 (Nominees)14.2 ( )0.5 (Limited)18.3 ( )]TJ 0 Tc 0 Tw T* (\()Tj /C0_0 1 Tf 0.051 Tc -0.051 Tw 0.384 0 Td [<08300CA50295032F0D101051>502.7 <0080>104.4 <02FE0B23025B>104.4 <0081>502.8 <03DE082202AE0321>]TJ /T1_1 1 Tf 0.065 Tc 0.077 Tw [(\))14.4 (,)14.3 ( ot)0.5 (h)0.5 (e)0.5 (r)14.4 ( n)0.5 (o)0.5 (mi)0.5 (n)0.5 (e)0.5 (e)0.5 (s)14.4 ( o)0.5 (r)14.3 ( t)0.5 (ru)0.5 (s)0.5 (t)0.5 (e)0.5 (es)14.4 (,)14.4 ( o)0.5 (r)14.4 ( o)0.5 (t)0.5 (h)0.5 (er)14.4 ( or)0.5 (g)0.5 (a)0.5 (n)0.5 (i)0.5 (sa)0.5 (t)0.5 (i)0.5 (o)0.5 (ns)14.4 ( or)37.3 ( )]TJ 0.028 Tc 0.043 Tw -0.384 -1.524 Td (groups, will be treated as shares being held by non-resident enterprise \Shareholders, and )Tj 0.042 Tc 0.078 Tw T* [(consequently)13.5 ( will)13.5 ( be)13.5 ( subject)13.5 ( to)13.5 ( the)13.5 ( withholding)13.5 ( of)13.5 ( the)13.5 ( enterprise)13.5 ( income)13.4 ( tax)13.4 (.)13.5 ( According)14.2 ( )]TJ 0.052 Tc T* [(to)13.6 ( regulations)13.6 ( by)13.6 ( the)13.6 ( State)13.6 ( Taxation)13.6 ( Administration)13.6 ( \()13.6 (Guo)13.5 ( Shui)13.5 ( Han)13.6 ( [)13.6 (2)13.6 (0)13.6 (1)13.6 (1)13.5 (])13.6 ( No)13.6 (.)13.5 (3)13.6 (4)13.6 (8)13.6 (\))13.6 ( and)24.2 ( )]TJ 0.058 Tc 0 -1.524 TD [(relevant)14.2 ( laws)14.1 ( and)14.1 ( regulations)14.1 (,)14.1 ( if)14.1 ( the)14.2 ( individual)14.2 ( H)14.2 (-)14.1 (share)14.1 ( Shareholders)14.1 ( are)14.1 ( residents)14.1 ( of)30.2 ( )]TJ 0.054 Tc 0 -1.524 TD [(Hong)13.7 ( Kong)13.7 ( or)13.8 ( Macau)13.8 ( or)13.7 ( those)13.7 ( countries)13.7 ( which)13.8 ( have)13.7 ( entered)13.8 ( into)13.7 ( a)13.7 ( tax)13.8 ( treaty)13.8 ( with)13.8 ( the)26.2 ( )]TJ 0.028 Tc 0.082 Tw T* (PRC stipulating a dividend tax rate of 10%, the Company will withhold an\d pay individual )Tj 0.041 Tc 0.079 Tw T* [(i)0.5 (n)0.5 (c)0.5 (o)0.5 (m)0.6 (e)13.1 ( )0.5 (t)0.5 (a)0.5 (x)13.2 ( )0.5 (a)0.5 (t)13.2 ( t)0.5 (h)0.5 (e)13.2 ( )0.5 (r)0.5 (a)0.5 (t)0.5 (e)13.2 ( )0.5 (o)0.5 (f)13.2 ( 1)13.2 (0)13.3 (%)13.2 ( o)0.5 (n)13.2 ( )0.5 (b)0.5 (e)0.5 (h)0.5 (a)0.5 (l)0.5 (f)13.2 ( )0.5 (o)0.5 (f)13.2 ( t)0.6 (h)0.5 (e)0.5 (s)0.5 (e)13.2 ( S)0.5 (h)0.5 (a)0.6 (r)0.5 (e)0.5 (h)0.5 (o)0.5 (l)0.5 (d)0.5 (e)0.5 (r)0.5 (s)13.2 (.)13.2 ( )0.5 (I)0.5 (f)13.2 ( )0.5 (t)0.5 (h)0.5 (e)13.2 ( i)0.5 (n)0.6 (d)0.5 (i)0.5 (v)0.5 (i)0.5 (d)0.5 (u)0.5 (a)0.5 (l)13.2 ( )0.5 (H)13.2 (-)13.2 (s)0.5 (h)0.5 (a)0.5 (r)0.6 (e)13.2 ( )]TJ 0.028 Tc 0.036 Tw T* (Shareholders are residents of those countries which have entered into a \tax treaty with the )Tj 0.066 Tw T* (PRC stipulating a dividend tax rate of less than 10%, the Company will m\ake applications )Tj 0.079 Tw T* (on their behalf to seek entitlement of the relevant agreed preferential \treatments pursuant )Tj 0.049 Tc 0.078 Tw T* [(to)13.6 ( the)13.6 ( relevant)13.7 ( tax)13.6 ( treaty)13.6 (.)13.6 ( If)13.6 ( the)13.7 ( individual)13.7 ( H)13.6 (-)13.7 (share)13.6 ( Shareholders)13.6 ( are)13.6 ( residents)13.6 ( of)13.6 ( those)21.2 ( )]TJ 0.028 Tc 0.06 Tw T* (countries which have entered into a tax treaty with the PRC stipulating \a dividend tax rate )Tj 0.023 Tw T* (of more than 10% but less than 20%, the Company will withhold and pay in\dividual income )Tj 0.053 Tc 0.078 Tw T* [(tax)14 ( at)14 ( the)14 ( actual)14 ( tax)14 ( rate)14 ( stipulated)14.1 ( in)14 ( the)14 ( relevant)14 ( tax)14 ( treaty)14 (.)14 ( If)14 ( the)14.1 ( individual)14 ( H)14 (-)14 (share)25.2 ( )]TJ 0.028 Tc 0.036 Tw T* (Shareholders are residents of those countries which have entered into a \tax treaty with the )Tj 0.043 Tw T* (PRC stipulating a dividend tax rate of 20%, or those countries which hav\e not entered into )Tj 0.007 Tw T* [(any tax )0.5 (treaties with the )0.5 (PRC, or )0.5 (under any )0.5 (other circumstances, )0.5 (the Company )0.5 (will withhold )]TJ 0 Tw T* (and pay individual income tax at the rate of 20% on behalf of these Shar\eholders.)Tj ET endstreamendobj1639 0 obj<>endobj1636 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT 1 0.36 0.14 0 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 41.1416 33.8036 Tm (76)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT 0 0 0 1 k /GS1 gs /T1_1 1 Tf 0.05 Tc 0.077 Tw 10.5 0 0 10.5 70.8661 672.7551 Tm [(T)0.5 (h)0.5 (e)14.3 ( Gr)0.5 (o)0.5 (u)0.5 (p)14.3 (,)14.4 ( in)14.4 ( a)0.5 (d)0.5 (h)0.5 (e)0.5 (r)0.5 (in)0.5 (g)14.4 ( t)0.5 (o)14.4 ( t)0.5 (h)0.5 (e)14.3 ( op)0.5 (e)0.5 (r)0.5 (a)0.5 (ti)0.5 (o)0.5 (n)14.4 ( c)0.5 (o)0.5 (nc)0.5 (e)0.5 (p)0.5 (t)14.3 ( of)14.4 ( \223)14.4 (i)0.5 (m)0.5 (p)0.5 (r)0.5 (o)0.5 (vi)0.5 (n)0.5 (g)14.4 ( e)0.5 (ff)0.5 (i)0.5 (c)0.5 (i)0.5 (e)0.5 (nc)0.5 (y)14.4 ( t)0.5 (h)0.5 (r)0.5 (ou)0.5 (g)0.5 (h)14.4 ( c)0.5 (os)0.5 (t)22.2 ( )]TJ 0.042 Tc 0.078 Tw 0 -1.524 TD [(reduction)13.6 (\224)13.6 (,)13.5 ( explored)13.6 ( energy)13.5 (-)13.6 (saving)13.5 ( potential)13.5 (,)13.6 ( improved)13.6 ( energy)13.5 ( utilisation)13.6 ( efficiency)13.5 ( and)14.2 ( )]TJ 0.056 Tc T* [(reduced)14.3 ( )0.5 (energy)14.2 ( )0.5 (consumption)14.3 (.)14.2 ( )0.5 (The)14.2 ( )0.5 (Company)14.2 ( )0.5 (has)14.2 ( )0.6 (established)14.2 ( )0.5 (operation)14.3 ( )0.5 (guidelines)14.2 ( )0.5 (for)28.2 ( )]TJ 0.029 Tc 0.091 Tw T* [(planning)1.2 ( energy)1.2 ( )0.5 (consumption)1.2 (,)1.2 ( )0.5 (promoting)1.2 ( )0.5 (energy)1.2 ( )0.5 (conservation)1.2 ( )0.5 (and)1.2 ( )0.5 (improving)1.2 ( productivity)1.2 ( )]TJ 0.026 Tc 0 Tw T* [(and efficiency through energy conservation. Through advanced technologie\s and improved)-1.8 ( )]TJ 0.036 Tc 0.084 Tw T* [(management)8.2 ( methods)8.2 (,)8.2 ( )0.5 (the)8.2 ( )0.5 (Company)8.2 ( )0.5 (continuously)8.2 ( )0.5 (reduced)8.3 ( its)8.2 ( own)8.2 ( energy)8.2 ( )0.5 (consumption)8.2 (,)8.2 ( )]TJ 0.045 Tc 0.078 Tw T* [(carbon)13.9 ( dioxide)13.9 ( and)13.9 ( pollutant)13.9 ( emissions)13.9 (,)13.9 ( thus)13.9 ( achieving)13.9 ( coordinated)13.9 ( development)13.9 ( of)13.9 ( its)17.2 ( )]TJ 0.028 Tc 0 Tw T* (economy and environment.)Tj 0.097 Tc 0.077 Tw 0 -3.048 TD [(T)0.5 (he)14.4 ( Co)0.5 (m)0.5 (pa)0.5 (ny)14.4 ( al)0.5 (w)0.5 (ay)0.5 (s)14.3 ( a)0.5 (d)0.5 (he)0.5 (re)0.5 (s)14.3 ( t)0.5 (o)14.3 ( hi)0.5 (gh)14.4 ( s)0.5 (ta)0.5 (nd)0.5 (ar)0.5 (d)0.5 (s)14.3 ( o)0.5 (f)14.3 ( p)0.5 (e)0.5 (rf)0.5 (or)0.5 (ma)0.5 (n)0.5 (ce)14.4 ( in)14.4 ( t)0.5 (he)14.4 ( re)0.5 (l)0.5 (ev)0.5 (an)0.5 (t)69.2 ( )]TJ 0.028 Tc 0.079 Tw 0 -1.524 TD (requirements related to environmental protection and actively carries ou\t national policies )Tj 0.02 Tw T* (on energy saving and emission reduction. In this regard, the Company kee\ps improving its )Tj 0.04 Tc 0.08 Tw T* [(environmental)12.2 ( )0.5 (management)12.2 ( )0.5 (system)12.2 ( )0.5 (and)12.2 ( )0.5 (environmental)12.2 ( protection)12.2 ( )0.5 (rules)12.2 (,)12.2 ( )0.5 (and)12.2 ( )0.5 (implements)12.2 ( )]TJ 0.028 Tc 0.09 Tw T* (emission reduction measures according to the Company\222s actual busines\s condition. The )Tj 0.038 Tc 0.082 Tw T* [(Company)10.2 ( )0.5 (strives)10.2 ( )0.5 (to)10.2 ( de)0.5 (ve)0.5 (lop)10.2 ( envi)0.5 (ronmental)10.2 (-)10.2 (friend)0.5 (ly)10.2 ( busi)0.5 (ne)0.5 (ss)10.1 (,)10.2 ( )0.5 (miti)0.5 (gate)10.2 ( emi)0.5 (ssi)0.5 (ons)10.2 ( fro)0.5 (m)10.1 ( )0.5 (its)10.2 ( )]TJ 0.035 Tc 0.085 Tw T* [(business)7.2 ( )0.5 (operations)7.2 (,)7.2 ( )0.5 (reduce)7.2 ( )0.5 (the)7.2 ( )0.5 (use)7.2 ( )0.5 (of)7.3 ( resources)7.2 ( )0.5 (and)7.2 ( )0.5 (promote)7.2 ( environmental)7.2 ( protection)7.2 ( )]TJ 0.031 Tc 0.089 Tw T* [(a)0.5 (t)3.2 ( )0.5 (t)0.6 (h)0.5 (e)3.2 ( )0.5 (p)0.5 (l)0.6 (a)0.5 (c)0.5 (e)0.6 (s)3.2 ( )0.5 (w)0.5 (h)0.6 (e)0.5 (r)0.5 (e)3.2 ( )0.5 (i)0.6 (t)3.2 ( o)0.6 (p)0.5 (e)0.6 (r)0.5 (a)0.6 (t)0.5 (e)0.5 (s)3.2 (.)3.2 ( )0.5 (T)0.6 (h)0.5 (e)3.2 ( )0.5 (C)0.5 (o)0.6 (m)0.5 (p)0.5 (a)0.6 (n)0.5 (y)3.2 ( )0.5 (h)0.6 (a)0.5 (s)3.2 ( )0.5 (c)0.5 (o)0.5 (m)0.6 (p)0.5 (l)0.6 (i)0.5 (e)0.6 (d)3.2 ( )0.5 (w)0.5 (i)0.6 (t)0.5 (h)3.2 ( )0.5 (t)0.5 (h)0.5 (e)3.3 ( e)0.6 (n)0.5 (v)0.5 (i)0.6 (r)0.5 (o)0.6 (n)0.5 (m)0.6 (e)0.5 (n)0.5 (t)0.6 (a)0.5 (l)3.2 ( )0.5 (l)0.6 (a)0.5 (w)0.5 (s)3.3 ( )]TJ 0.039 Tc 0.081 Tw 0 -1.524 TD [(and)11.2 ( )0.5 (regulations)11.2 ( such)11.2 ( as)11.2 ( )0.5 (the)11.2 ( )0.5 (Environmental)11.2 ( )0.5 (Protection)11.2 ( Law)11.2 ( )0.5 (of)11.2 ( )0.5 (the)11.2 ( PRC)11.3 ( \()]TJ /C0_0 1 Tf 0.028 Tc -0.028 Tw 35 0 Td <02950D36025B034F038D05710A371411>Tj -35 -1.524 Td <0FA406AD1690062C>Tj /T1_1 1 Tf 0.034 Tc 0.086 Tw [(\))6.2 ( )0.5 (and)6.2 ( )0.5 (has)6.2 ( )0.5 (always)6.2 ( )0.5 (fulfilled)6.2 ( its)6.2 ( )0.5 (environmental)6.2 ( responsibility)6.2 ( )0.5 (in)6.2 ( accordance)6.2 ( with)6.2 ( the)6.2 ( )]TJ 0.049 Tc 0.077 Tw 0 -1.524 TD [(standards)14.2 ( of)14.3 ( local)14.2 ( environmental)14.2 ( regulations)14.2 ( and)14.3 ( industry)14.2 ( rules)14.3 ( and)14.3 ( practices)14.2 ( so)14.3 ( as)14.3 ( to)21.2 ( )]TJ 0.028 Tc 0.065 Tw T* (achieve higher environmental performance. During the reporting period, t\he Company did )Tj 0.036 Tc 0.084 Tw T* [(not)8.2 ( experience)8.2 ( )0.5 (any)8.2 ( )0.5 (incident)8.2 ( of)8.2 ( )0.5 (non)8.2 (-)8.2 (compliance)8.2 ( with)8.2 ( environmental)8.2 ( )0.5 (laws)8.2 ( )0.5 (and)8.2 ( )0.5 (regulations)8.2 (.)8.2 ( )]TJ 0.028 Tc 0.008 Tw T* (For details, please refer to the Environmental, Social, and Governance R\eport as set out on )Tj 0 Tw T* (pages 114 to 156 of this annual report.)Tj 1 0.36 0.14 0.3 k /GS0 gs /T1_2 1 Tf 14 0 0 14 70.8661 269.7551 Tm (MATERIAL LITIGATION)Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 0.082 Tc 0.078 Tw 10.5 0 0 10.5 70.8661 237.7551 Tm [(As)14 ( at)14 ( 3)14.1 (1)14 ( December)14.1 ( 2)14.1 (0)14 (1)14.1 (8)14 (,)14 ( the)14 ( Group)14.1 ( was)14.1 ( not)14 ( involved)14.1 ( in)14 ( any)14.1 ( material)14 ( litigation)14 ( or)54.2 ( )]TJ 0.05 Tc T* [(arbitration)13.6 (.)13.6 ( As)13.6 ( far)13.6 ( as)13.6 ( the)13.5 ( Directors)13.6 ( are)13.6 ( aware)13.6 (,)13.6 ( there)13.6 ( is)13.6 ( no)13.6 ( material)13.6 ( litigation)13.6 ( or)13.6 ( claim)13.6 ( of)22.2 ( )]TJ 0.028 Tc 0 Tw T* (material importance pending or threatened against the Group.)Tj 1 0.36 0.14 0.3 k /GS0 gs /T1_2 1 Tf -0.028 Tw 14 0 0 14 70.8661 170.7551 Tm (PERFORMANCE)Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 0.074 Tw 10.5 0 0 10.5 70.8661 138.7551 Tm (The audited results of the Company and its subsidiaries for the year end\ed 31 December )Tj 0.049 Tw T* (2018 are set out in the Consolidated Statement of Profit or Loss on page\s 195 to 196. The )Tj 0.088 Tw T* [(financial position )0.5 (of the )0.5 (Company and )0.5 (its )0.5 (subsidiaries )0.5 (as at )0.5 (31 December 2018 is set )0.5 (out )]TJ 0.031 Tc 0.089 Tw T* [(in)3.2 ( )0.5 (the)3.2 ( )0.5 (Consolidated)3.2 ( )0.5 (Statement)3.2 ( of)3.2 ( )0.5 (Financial)3.2 ( )0.5 (Position)3.3 ( on)3.2 ( )0.5 (pages)3.2 ( )0.5 (1)3.2 (9)3.2 (7)3.2 ( )0.5 (to)3.2 ( 1)3.2 (9)3.3 (8)3.2 (.)3.2 ( The)3.2 ( cash)3.2 ( )0.5 (flows)3.2 ( )]TJ 0.028 Tc 0.017 Tw T* (of the Company and its subsidiaries for the year ended 31 December 2018 \is set out in the )Tj 0 Tw T* (Consolidated Statement of Cash Flows on pages 201 to 203.)Tj ET endstreamendobj1637 0 obj<>endobj1634 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT 1 0.36 0.14 0 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 540.4565 33.8036 Tm (75)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT 1 0.36 0.14 0.3 k /T1_1 1 Tf 0 Tw 14 0 0 14 70.8661 670.2631 Tm (RELATIONS WITH EMPLOYEES, SUPPLIERS AND CUSTOMERS)Tj 0 0 0 1 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Economic globalization faces headwinds, and multilaterali\sm and the )Tj 0.028 Tw T* (system of free trade are under threat. 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T* (strategy step by step.)Tj 0 0 0 0.8 k /GS0 gs /T1_2 1 Tf 11.5 0 0 11.5 99.2126 382.7551 Tm (Operation Targets of the Group in 2019)Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 0.068 Tc 0.078 Tw 10.5 0 0 10.5 99.2126 350.7551 Tm [(In)13.7 ( 2)13.7 (0)13.8 (1)13.8 (9)13.7 (,)13.8 ( the)13.7 ( business)13.7 ( guidelines)13.8 ( of)13.7 ( the)13.8 ( Company)13.7 ( are)13.7 ( as)13.8 ( follows)13.8 (:)13.7 ( Guided)13.8 ( by)13.8 ( Xi)40.2 ( )]TJ 0.074 Tc T* [(Jinping)14.1 ( Thought)14.1 ( on)14.1 ( Socialism)14.1 ( with)14.1 ( Chinese)14.1 ( Characteristics)14.1 ( for)14.1 ( a)14.1 ( New)14.1 ( Era)14.1 (,)14.1 ( we)46.2 ( )]TJ 0.056 Tc T* [(will)13.9 ( fully)13.9 ( implement)13.9 ( the)13.9 ( guiding)13.9 ( principles)13.9 ( from)13.9 ( the)14 ( 1)13.9 (9)13.9 (th)13.9 ( CPC)13.9 ( National)14 ( Congress)28.2 ( )]TJ 0.053 Tc T* [(and)13.8 ( the)13.9 ( Second)13.9 ( and)13.9 ( Third)13.8 ( Plenary)13.9 ( Sessions)13.9 ( of)13.9 ( the)13.8 ( 1)13.9 (9)13.8 (th)13.8 ( CPC)13.9 ( Central)13.9 ( Committee)13.8 (,)25.2 ( )]TJ 0.028 Tc 0.024 Tw T* (earnestly study and follow the gist of the Central Economic Work Confere\nce and the )Tj 0.065 Tw T* [(National )0.5 (Work )0.5 (Conference )0.5 (on )0.5 (Party )0.5 (Building of )0.5 (State-owned Enterprises, )0.5 (uphold )0.5 (and )]TJ 0.04 Tc 0.08 Tw T* [(strengthen)12.2 ( overall)12.2 ( Party)12.2 ( leadership)12.2 (,)12.2 ( )0.5 (adhere)12.2 ( )0.5 (to)12.2 ( the)12.2 ( )0.5 (underlying)12.2 ( principle)12.3 ( of)12.2 ( )0.5 (pursuing)12.2 ( )]TJ 0.028 Tc 0.092 Tw T* [(progress while ensuring stability, put )0.5 (into practice the )0.5 (new )0.5 (development philosophy )]TJ 0.032 Tc 0.088 Tw T* [(and)4.2 ( )0.5 (deepen)4.2 ( )0.5 (supply)4.2 (-)4.2 (side)4.2 ( )0.5 (structural)4.2 ( )0.5 (reform)4.2 (;)4.2 ( )0.5 (we)4.1 ( )0.5 (will)4.3 ( vigorously)4.2 ( pursue)4.2 ( the)4.2 ( strategy)4.2 ( )0.5 (of)4.2 ( )]TJ 0.046 Tc 0.077 Tw T* [(i)0.5 (n)0.6 (n)0.5 (o)0.5 (v)0.5 (a)0.5 (t)0.6 (i)0.5 (o)0.5 (n)14.4 (-)14.5 (d)0.5 (r)0.5 (i)0.5 (v)0.5 (e)0.6 (n)14.4 ( d)0.5 (e)0.5 (v)0.5 (e)0.6 (l)0.5 (o)0.5 (p)0.5 (m)0.6 (e)0.5 (n)0.5 (t)14.4 (,)14.4 ( e)0.5 (n)0.5 (h)0.6 (a)0.5 (n)0.5 (c)0.5 (e)14.4 ( o)0.5 (u)0.6 (r)14.4 ( a)0.5 (b)0.5 (i)0.5 (l)0.6 (i)0.5 (t)0.5 (y)14.5 ( t)0.5 (o)14.5 ( u)0.6 (n)0.5 (i)0.5 (t)0.5 (e)14.4 (,)14.5 ( a)0.6 (n)0.5 (d)14.4 ( i)0.5 (m)0.5 (p)0.6 (r)0.5 (o)0.5 (v)0.5 (e)14.4 ( p)0.6 (o)0.5 (l)0.5 (i)0.6 (t)0.5 (i)0.5 (c)0.5 (a)0.5 (l)18.3 ( )]TJ 0.047 Tc 0.078 Tw T* [(ecology)14.2 (;)14.1 ( and)14.1 ( we)14.2 ( will)14.2 ( strive)14.1 ( to)14.1 ( develop)14.2 ( our)14.1 ( Company)14.2 ( into)14.1 ( a)14.1 ( world)14.2 (-)14.1 (class)14.1 ( renewable)19.2 ( )]TJ 0.062 Tc 0 -1.524 TD [(energy)13.5 ( giant)13.5 ( with)13.5 ( global)13.5 ( competitiveness)13.4 ( and)13.5 ( greet)13.4 ( the)13.5 ( 7)13.5 (0)13.5 (th)13.4 ( anniversary)13.5 ( of)13.5 ( the)34.2 ( )]TJ 0.028 Tc 0 Tw 0 -1.524 TD (founding of the People\222s Republic of China with outstanding achieveme\nts.)Tj ET 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Tf 0.028 Tc 0 Tw 0 Ts 100 Tz 0 Tr 16 0 0 16 164.84 729.4871 Tm (MANAGEMENT DISCUSSION AND ANALYSIS)Tj ET endstreamendobj1699 0 obj<>endobj1695 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT 1 0.36 0.14 0 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 41.1416 33.8036 Tm (68)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT 0 0 0 1 k /GS1 gs /T1_1 1 Tf 0.036 Tc 0.084 Tw 10.5 0 0 10.5 99.2126 672.7551 Tm [(In)8.2 ( )0.5 (2)8.2 (0)8.2 (1)8.2 (9)8.2 (,)8.2 ( provincial)8.2 ( )0.5 (governments)8.2 ( in)8.2 ( China)8.2 ( are)8.2 ( introducing)8.2 ( measures)8.2 ( )0.5 (for)8.2 ( )0.5 (competitive)8.2 ( )]TJ 0.082 Tc 0.078 Tw 0 -1.524 TD [(allocation)14.2 ( of)14.2 ( )0.5 (wind)14.3 ( power)14.3 ( projects)14.2 (,)14.2 ( signaling)14.2 ( )0.5 (the)14.2 ( )0.5 (official)14.2 ( )0.5 (launch)14.2 ( )0.5 (of)14.2 ( an)14.2 ( auction)54.3 ( )]TJ 0.076 Tc T* [(mechanism)13.7 ( for)13.7 ( newly)13.7 ( approved)13.7 ( centralized)13.7 ( onshore)13.7 ( wind)13.7 ( power)13.7 ( projects)13.8 ( and)48.2 ( )]TJ 0.044 Tc 0.077 Tw T* [(offsho)0.5 (re)14.3 ( wind)14.3 ( power)14.4 ( pr)0.5 (ojects)14.3 (.)14.3 ( Co)0.5 (mpetiti)0.5 (ve)14.3 ( a)0.5 (llocati)0.5 (on)14.3 ( w)0.5 (ill)14.3 ( ini)0.5 (tiate)14.3 ( the)14.3 ( marke)0.5 (t)14.3 (-)14.3 (drive)0.5 (n)16.2 ( )]TJ 0.062 Tc 0.078 Tw T* [(development)13.5 ( of)13.6 ( the)13.6 ( wind)13.5 ( power)13.5 ( industry)13.5 ( and)13.5 ( pose)13.6 ( higher)13.5 ( requirements)13.5 ( to)13.5 ( wind)34.2 ( )]TJ 0.028 Tc 0.059 Tw T* (power developers in respect of technologies and management standard. As \a major )Tj 0.055 Tc 0.078 Tw T* [(wind)13.8 ( power)13.7 ( developer)13.8 ( in)13.7 ( China)13.8 (,)13.7 ( the)13.7 ( Group)13.7 ( has)13.7 ( stronger)13.8 ( market)13.8 ( competitiveness)27.2 ( )]TJ 0.037 Tc 0.083 Tw T* [(and)9.2 ( will)9.3 ( rely)9.2 ( )0.5 (on)9.2 ( )0.5 (its)9.1 ( )0.5 (technical)9.3 ( advantages)9.2 ( in)9.2 ( project)9.2 ( )0.5 (construction)9.2 ( )0.5 (and)9.3 ( operation)9.2 ( and)9.2 ( )]TJ 0.028 Tc 0.036 Tw T* (maintenance, and lower capital costs to continuously reduce development \costs and )Tj 0.045 Tc 0.078 Tw T* [(improve)13.5 ( project)13.5 ( performance)13.5 (.)13.5 ( The)13.5 ( measures)13.5 ( for)13.5 ( competitive)13.5 ( allocation)13.5 ( introduced)17.2 ( )]TJ 0.055 Tc T* [(in)14.2 ( various)14.1 ( provinces)14.2 ( indicate)14.1 ( that)14.1 ( the)14.1 ( competition)14.2 ( for)14.1 ( wind)14.1 ( power)14.1 ( projects)14.2 ( is)14.1 ( not)27.2 ( )]TJ 0.032 Tc 0.088 Tw T* [(only)4.2 ( about)4.2 ( electricity)4.2 ( )0.5 (price)4.3 (,)4.2 ( but)4.2 ( )0.5 (also)4.2 ( about)4.2 ( )0.5 (such)4.2 ( factors)4.2 ( as)4.2 ( the)4.2 ( )0.5 (depth)4.2 ( )0.5 (of)4.2 ( )0.5 (preliminary)4.2 ( )]TJ 0.028 Tc 0.066 Tw T* (works and the occupation of ecological and environmental protection area\s. In such )Tj 0.056 Tw T* (a context, we will compare the projects in the pipeline subject to aucti\ons with other )Tj 0.006 Tw T* (projects in the same region, analyze the comprehensive competitiveness a\nd ranking )Tj 0.043 Tc 0.078 Tw T* [(levels)13.9 ( in)14 ( the)13.9 ( region)13.9 (,)14 ( and)13.9 ( preliminarily)14 ( estimate)13.9 ( the)14 ( lowest)13.9 ( bidding)13.9 ( price)13.9 ( that)13.9 ( could)15.2 ( )]TJ 0.028 Tc 0.03 Tw T* (enable us to secure profit, so as to prepare for the kick-off of the auc\tion mechanism )Tj 0.047 Tc 0.078 Tw 0 -1.524 TD [(in)14 ( various)14.1 ( provinces)14.1 (.)14 ( Understanding)14.1 ( that)14.1 ( only)14 ( precise)14.1 ( cost)14.1 ( estimation)14 ( will)14.1 ( give)14.1 ( us)19.2 ( )]TJ 0.036 Tc 0.084 Tw 0 -1.524 TD [(an)8.2 ( )0.5 (edge)8.2 ( )0.5 (in)8.2 ( a)8.2 ( )0.5 (bidding)8.2 ( )0.5 (process)8.2 (,)8.2 ( )0.5 (we)8.2 ( will)8.3 ( further)8.2 ( improve)8.2 ( )0.5 (the)8.1 ( )0.5 (accuracy)8.2 ( of)8.2 ( )0.5 (calculations)8.2 ( )]TJ 0.081 Tc 0.077 Tw T* [(r)0.5 (ega)0.5 (rd)0.5 (in)0.5 (g)14.3 ( p)0.5 (ow)0.5 (er)14.4 ( ge)0.5 (ne)0.5 (ra)0.5 (ti)0.5 (on)14.3 (,)14.4 ( st)0.5 (ud)0.5 (y)14.3 ( h)0.5 (ow)14.4 ( to)14.4 ( e)0.5 (st)0.5 (im)0.5 (at)0.5 (e)14.3 ( p)0.5 (ro)0.5 (je)0.5 (ct)14.4 ( c)0.5 (os)0.5 (t)14.3 ( t)0.5 (ha)0.5 (t)14.3 ( i)0.5 (s)14.3 ( m)0.5 (ore)53.2 ( )]TJ 0.028 Tc 0 Tw T* [(a)0.5 (p)0.5 (pr)0.5 (o)0.5 (x)0.5 (i)0.5 (ma)0.5 (t)0.5 (e)0.5 ( t)0.5 (o)0.5 ( )0.5 (th)0.5 (e)0.5 ( )0.5 (ac)0.5 (t)0.5 (u)0.5 (al)0.5 ( )0.5 (c)0.5 (os)0.5 (t)0.5 (,)0.5 ( a)0.5 (n)0.5 (d)0.5 ( e)0.5 (x)0.5 (p)0.5 (l)0.5 (or)0.5 (e)0.5 ( )0.5 (ne)0.5 (w)0.5 ( )0.5 (d)0.5 (es)0.5 (i)0.5 (g)0.5 (n)0.5 (s )0.5 (t)0.5 (o)0.5 ( r)0.5 (e)0.5 (d)0.5 (uc)0.5 (e)0.5 ( )0.5 (co)0.5 (s)0.5 (t)0.5 (s.)0.5 ( )0.5 (I)0.5 (n )0.5 (a)0.5 (d)0.5 (d)0.5 (it)0.5 (i)0.5 (o)0.5 (n)0.5 (, )]TJ 0.074 Tw T* (we will keep a close eye on projects with strong competitiveness in the \regions and )Tj 0.043 Tc 0.077 Tw T* [(r)0.5 (e)0.5 (f)0.5 (i)0.6 (n)0.5 (e)14.4 ( o)0.5 (u)0.5 (r)14.5 ( p)0.5 (r)0.5 (e)0.5 (l)0.6 (i)0.5 (m)0.5 (i)0.5 (n)0.5 (a)0.5 (r)0.6 (y)14.4 ( w)0.5 (o)0.5 (r)0.6 (k)14.4 ( t)0.5 (o)14.4 ( g)0.5 (e)0.5 (t)14.4 ( u)0.5 (s)14.4 ( w)0.5 (e)0.5 (l)0.5 (l)14.4 (-)14.5 (p)0.5 (r)0.5 (e)0.5 (p)0.5 (a)0.5 (r)0.5 (e)0.5 (d)14.4 ( a)0.5 (n)0.5 (d)14.4 ( t)0.5 (h)0.5 (u)0.5 (s)14.4 ( e)0.5 (n)0.5 (a)0.5 (b)0.5 (l)0.5 (e)14.4 ( u)0.5 (s)14.4 ( t)0.5 (o)14.4 ( w)0.6 (i)0.5 (n)14.4 ( i)0.5 (n)14.4 ( a)15.2 ( )]TJ 0.028 Tc 0 Tw T* (bidding process.)Tj 0.068 Tc 0.078 Tw 0 -3.048 TD [(In)14.2 ( recent)14.2 ( years)14.2 (,)14.2 ( local)14.2 ( governments)14.2 ( have)14.2 ( )0.5 (tightened)14.2 ( regulation)14.2 ( over)14.2 ( )0.5 (wind)14.2 ( power)40.2 ( )]TJ 0.064 Tc 0 -1.524 TD [(projects)13.5 (,)13.6 ( and)13.6 ( imposed)13.5 ( more)13.5 ( rigorous)13.6 ( requirements)13.5 ( for)13.5 ( approving)13.5 ( the)13.5 ( planning)13.5 (,)36.2 ( )]TJ 0.053 Tc T* [(environmental)14.1 ( impact)14.1 ( )0.5 (assessment)14.1 (,)14.2 ( land)14.2 (,)14.1 ( forest)14.1 ( land)14.1 ( and)14.2 ( grip)14.2 ( connection)14.2 (,)14.1 ( setting)25.2 ( )]TJ 0.031 Tc 0.089 Tw T* [(stricter)3.2 ( )0.5 (conditions)3.2 ( )0.5 (for)3.2 ( )0.5 (the)3.2 ( )0.5 (implementation)3.2 ( )0.5 (of)3.2 ( )0.5 (project)3.2 ( )0.5 (development)3.2 (.)3.2 ( )0.5 (Further)3.2 (,)3.2 ( )0.5 (domestic)3.2 ( )]TJ 0.028 Tc 0.064 Tw T* (wind turbine manufacturers, private enterprises and financial institutio\ns have all set )Tj 0.09 Tw T* (foot in the wind power filed, making the competition for wind power reso\urces even )Tj 0.023 Tc 0 Tw T* [(more fierce. In response to such situation, the Group will timely adjust\ its development)-4.8 ( )]TJ 0.045 Tc 0.078 Tw 0 -1.524 TD [(strategy)13.6 (,)13.5 ( proactively)13.5 ( explore)13.5 ( new)13.5 ( ways)13.5 ( to)13.5 ( temporize)13.6 ( with)13.5 ( the)13.5 ( development)13.5 ( needs)13.6 (,)17.1 ( )]TJ 0.055 Tc 0 -1.524 TD [(and)13.8 ( consistently)13.8 ( seek)13.8 ( breakthroughs)13.8 ( with)13.8 ( innovative)13.8 ( management)13.7 ( concepts)13.8 ( and)27.2 ( )]TJ 0.028 Tc 0 Tw T* (professional technical support, so as to further expand its market share\.)Tj ET endstreamendobj1696 0 obj<>endobj1693 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT 1 0.36 0.14 0 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 540.4565 33.8036 Tm (67)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT 1 0.36 0.14 0.3 k /T1_1 1 Tf 0 Tw 14 0 0 14 70.8661 670.2631 Tm [(V. )-718.2 (OUTLOOK IN 2019)]TJ 0 0 0 0.8 k 11.5 0 0 11.5 99.2126 636.2631 Tm (Outlook for Business Environment at Home and Abroad)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.013 Tw 10.5 0 0 10.5 99.2126 604.2631 Tm (2019 will be a year of opportunities and challenges for wind power devel\opers. Since )Tj 0.005 Tw 0 -1.524 TD [(2018, the curtailment pressure weighing )0.5 (on the wind power market in China has been )]TJ 0.091 Tw T* (eased somewhat, with high levels of curtailment in the wind power being \effectively )Tj 0.07 Tc 0.077 Tw T* [(c)0.5 (u)0.5 (r)0.5 (b)0.5 (e)0.5 (d)14.4 (,)14.4 ( a)0.5 (n)0.5 (d)14.4 ( c)0.5 (u)0.5 (m)0.5 (u)0.5 (l)0.5 (a)0.5 (t)0.5 (i)0.5 (v)0.5 (e)14.4 ( g)0.5 (r)0.5 (i)0.5 (d)14.4 (-)14.4 (c)0.5 (o)0.5 (n)0.5 (n)0.5 (e)0.5 (c)0.5 (t)0.5 (e)0.5 (d)14.5 ( w)0.5 (i)0.5 (n)0.5 (d)14.5 ( p)0.5 (o)0.5 (w)0.5 (e)0.5 (r)14.4 ( c)0.5 (a)0.5 (p)0.5 (a)0.5 (c)0.5 (i)0.5 (t)0.5 (y)14.4 ( a)0.5 (n)0.5 (d)14.4 ( t)0.5 (h)0.5 (e)14.4 ( a)0.5 (v)0.5 (e)0.5 (r)0.5 (a)0.5 (g)0.5 (e)42.3 ( )]TJ 0.042 Tc 0.078 Tw T* [(u)0.6 (t)0.5 (i)0.6 (l)0.5 (i)0.6 (s)0.6 (a)0.5 (t)0.6 (i)0.6 (o)0.5 (n)14.2 ( )0.5 (h)0.5 (o)0.6 (u)0.5 (r)0.6 (s)14.2 ( )0.5 (o)0.5 (f)14.2 ( )0.5 (w)0.6 (i)0.6 (n)0.5 (d)14.2 ( )0.5 (p)0.6 (o)0.5 (w)0.6 (e)0.5 (r)14.3 ( g)0.6 (e)0.5 (n)0.6 (e)0.5 (r)0.6 (a)0.6 (t)0.5 (i)0.6 (n)0.5 (g)14.3 ( u)0.6 (n)0.5 (i)0.6 (t)0.6 (s)14.2 ( b)0.6 (e)0.6 (i)0.5 (n)0.6 (g)14.2 ( )0.5 (p)0.5 (i)0.6 (c)0.6 (k)0.5 (e)0.6 (d)14.2 ( )0.5 (u)0.5 (p)14.2 ( )0.5 (s)0.5 (i)0.6 (g)0.6 (n)0.5 (i)0.6 (f)0.6 (i)0.5 (c)0.6 (a)0.5 (n)0.6 (t)0.5 (l)0.6 (y)14.2 (.)14.2 ( )0.5 (T)0.5 (h)0.6 (e)14.2 ( )]TJ 0.028 Tc 0.008 Tw T* (goal of \223largely eliminating renewable energy curtailment by 2020\224\ and the upcoming )Tj 0.033 Tc 0.087 Tw T* [(quota)5.2 ( )0.5 (system)5.2 ( after)5.3 ( rounds)5.2 ( )0.5 (of)5.2 ( consultation)5.2 ( )0.5 (will)5.2 ( )0.5 (boost)5.2 ( )0.5 (wind)5.2 ( )0.5 (power)5.2 ( )0.5 (consumption)5.2 (,)5.2 ( spur)5.2 ( )]TJ 0.046 Tc 0.078 Tw T* [(the)13.9 ( trading)13.9 ( of)13.9 ( green)13.9 ( certificates)13.9 (,)13.9 ( and)13.9 ( cover)13.9 ( the)13.9 ( shortfall)13.9 ( of)13.9 ( the)13.9 ( Renewable)13.9 ( Energy)18.2 ( )]TJ 0.028 Tc 0 Tw T* (Development Fund effectively.)Tj 0.062 Tc 0.078 Tw 0 -3.048 TD [(In)13.7 ( order)13.7 ( to)13.7 ( achieve)13.6 ( the)13.7 ( development)13.6 ( goals)13.6 ( set)13.6 ( out)13.6 ( in)13.6 ( the)13.6 ( \223)13.7 (1)13.6 (3)13.7 (th)13.6 ( Five)13.6 (-)13.6 (Year)13.6 ( Plan)13.7 (\224)13.6 (,)34.2 ( )]TJ 0.047 Tc 0 -1.524 TD [(the)14 ( central)14.1 ( government)14 ( and)14 ( provincial)14 ( governments)14 ( have)14 ( introduced)14 ( a)14 ( number)14 ( of)19.2 ( )]TJ 0.053 Tc 0 -1.524 TD [(favorable)14.2 ( policies)14.1 ( aiming)14.1 ( at)14.1 ( supporting)14.1 ( the)14.1 ( wind)14.1 ( and)14.2 ( solar)14.2 ( power)14.1 ( plants)14.2 ( through)25.2 ( )]TJ 0.028 Tc 0.089 Tw T* (multiple channels and from multiple aspects, such as reducing non-techni\cal costs, )Tj 0.048 Tw T* (ensuring consumption, giving priority to power generation, acquiring at \full payment, )Tj 0.042 Tc 0.078 Tw T* [(launching)14 ( trading)14 ( of)13.9 ( renewable)13.9 ( energy)13.9 ( certificates)13.9 (,)13.9 ( cutting)13.9 ( electricity)13.9 ( transmission)14.2 ( )]TJ 0.078 Tc T* [(and)13.5 ( distribution)13.6 ( tariffs)13.6 (,)13.6 ( promoting)13.6 ( market)13.6 (-)13.6 (based)13.6 ( trading)13.6 (,)13.6 ( and)13.6 ( giving)13.5 ( financial)50.2 ( )]TJ 0.028 Tc 0.084 Tw T* (support. Thanks to the state\222s policy-based support and guidance, the\re have been )Tj 0.023 Tw T* (breakthrough advances in wind power technologies, bringing down the cost\s of wind )Tj 0.01 Tw T* [(farms. )0.5 (In )0.6 (some )0.5 (places )0.6 (of )0.5 (the )0.5 (\223Three )0.6 (North\224 )0.5 (areas )0.6 (and )0.5 (plain )0.6 (and )0.5 (hilly )0.6 (areas, )0.5 (the )0.5 (power )]TJ 0.038 Tc 0.082 Tw T* [(generation)10.2 ( cost)10.2 ( of)10.2 ( )0.5 (a)10.1 ( )0.5 (new)10.2 ( )0.5 (wind)10.2 ( )0.5 (power)10.2 ( )0.5 (project)10.2 ( )0.5 (could)10.2 ( )0.5 (be)10.2 ( )0.5 (equivalent)10.2 ( to)10.2 ( that)10.2 ( of)10.2 ( a)10.2 ( )0.5 (local)10.2 ( )]TJ 0.026 Tc 0 Tw T* [(coal-fired power plant if no grid curtailment was imposed, indicating th\at grid parity is)-1.8 ( )]TJ 0.028 Tc 0.014 Tw T* (becoming a reality. With easing grid curtailment and the support of rele\vant incentive )Tj 0.058 Tc 0.078 Tw T* [(measures)14.2 (,)14.2 ( )0.5 (the)14.2 ( )0.5 (Group)14.2 ( )0.5 (will)14.2 ( )0.5 (be)14.3 ( )0.5 (able)14.2 ( )0.5 (to)14.3 ( )0.5 (exploit)14.3 ( )0.5 (the)14.3 ( )0.5 (huge)14.2 ( )0.5 (advantages)14.2 ( )0.5 (of)14.2 ( )0.5 (its)14.2 ( )0.5 (projects)30.2 ( )]TJ 0.043 Tc T* [(in)13.8 ( the)13.7 ( pipeline)13.7 ( in)13.7 ( the)13.8 ( \223)13.7 (Three)13.7 ( North)13.7 (\224)13.7 ( areas)13.8 (.)13.7 ( We)13.8 ( will)13.7 ( keep)13.7 ( a)13.8 ( close)13.7 ( eye)13.8 ( on)13.7 ( the)13.7 ( annual)15.3 ( )]TJ 0.028 Tc 0.071 Tw T* (monitoring and early warning and the construction of UHV power transmiss\ion lines, )Tj 0.009 Tw T* [(ensure )0.5 (adequate )0.5 (consumption )0.5 (capacity )0.5 (and focus )0.5 (on )0.5 (promoting construction )0.5 (of )0.5 (large )]TJ 0 Tw T* (base projects.)Tj ET endstreamendobj1694 0 obj<>endobj1691 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT 1 0.36 0.14 0 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 41.1416 33.8036 Tm (66)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT 0 0 0 0.8 k /T1_1 1 Tf 0 Tw 11.5 0 0 11.5 99.2126 672.0581 Tm [(5. )-1269.3 (Risk in currency exchange rate)]TJ 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.047 Tc 0.078 Tw 10.5 0 0 10.5 127.5591 640.0581 Tm [(The)13.6 ( business)13.6 ( of)13.6 ( the)13.6 ( Group)13.7 ( is)13.6 ( mainly)13.6 ( situated)13.6 ( in)13.6 ( mainland)13.6 ( China)13.6 ( where)13.6 ( most)19.2 ( )]TJ 0.036 Tc 0.084 Tw 0 -1.524 TD [(of)8.2 ( )0.5 (its)8.2 ( )0.5 (revenue)8.2 ( as)8.1 ( )0.5 (well)8.2 ( as)8.2 ( )0.5 (expenses)8.2 ( )0.5 (are)8.2 ( )0.5 (denominated)8.2 ( )0.5 (in)8.2 ( Renminbi)8.2 (.)8.2 ( )0.5 (Meanwhile)8.2 (,)8.2 ( )]TJ 0.061 Tc 0.078 Tw T* [(a)14.1 ( certain)14.1 ( portion)14.1 ( of)14.1 ( the)14.2 ( Group)14.1 (\222)14.1 (s)14.2 ( investments)14.1 ( are)14.2 ( carried)14.2 ( out)14.1 ( abroad)14.1 ( and)14.1 ( a)33.2 ( )]TJ 0.039 Tc 0.081 Tw T* [(certain)11.2 ( )0.5 (amount)11.2 ( of)11.3 ( its)11.2 ( )0.5 (loans)11.2 ( )0.5 (are)11.1 ( )0.5 (denomin)0.5 (ated)11.2 ( )0.5 (in)11.2 ( )0.5 (foreign)11.2 ( )0.5 (currencies)11.2 (.)11.2 ( )0.5 (Therefore)11.2 (,)11.2 ( )]TJ 0.026 Tc 0 Tw T* [(fluctuations in the Renminbi exchange rate will result in foreign exchan\ge losses)-1.8 ( )]TJ 0.028 Tc 0.068 Tw T* (or gains of the Group in those transactions denominated in foreign curre\ncies. )Tj 0.057 Tc 0.077 Tw T* [(T)0.5 (h)0.5 (e)14.4 ( G)0.5 (r)0.6 (ou)0.5 (p)14.5 ( p)0.5 (a)0.5 (y)0.5 (s)14.4 ( c)0.5 (l)0.5 (o)0.5 (s)0.5 (e)14.4 ( a)0.5 (t)0.5 (t)0.5 (e)0.5 (n)0.5 (t)0.5 (i)0.5 (o)0.5 (n)14.4 ( t)0.6 (o)14.3 ( m)0.5 (o)0.5 (n)0.5 (i)0.5 (t)0.5 (o)0.5 (r)0.5 (i)0.5 (n)0.5 (g)14.4 ( a)0.5 (n)0.5 (d)14.4 ( a)0.5 (n)0.5 (a)0.5 (l)0.5 (y)0.5 (s)0.5 (i)0.5 (n)0.5 (g)14.5 ( t)0.5 (h)0.5 (e)14.4 ( r)0.6 (i)0.5 (s)0.5 (k)14.4 ( i)0.5 (n)14.4 ( t)0.5 (h)0.5 (e)29.2 ( )]TJ 0.05 Tc 0.078 Tw T* [(foreign)13.7 ( exchange)13.7 ( rate)13.7 (,)13.7 ( keeps)13.7 ( close)13.7 ( contact)13.7 ( with)13.7 ( domestic)13.7 ( and)13.7 ( international)22.2 ( )]TJ 0.064 Tc 0.077 Tw T* [(f)0.5 (i)0.5 (n)0.5 (a)0.5 (n)0.6 (c)0.5 (i)0.5 (a)0.5 (l)14.4 ( i)0.5 (n)0.5 (s)0.5 (t)0.5 (i)0.6 (tu)0.6 (t)0.5 (i)0.5 (o)0.5 (n)0.5 (s)14.4 ( i)0.5 (n)14.4 ( t)0.5 (e)0.5 (r)0.5 (m)0.5 (s)14.4 ( o)0.5 (f)14.4 ( b)0.5 (u)0.5 (s)0.5 (i)0.5 (n)0.5 (e)0.5 (s)0.5 (s)0.6 (e)0.5 (s)14.4 ( r)0.5 (e)0.6 (l)0.5 (a)0.5 (t)0.5 (i)0.5 (n)0.5 (g)14.4 ( t)0.5 (o)14.4 ( e)0.5 (x)0.5 (c)0.5 (h)0.5 (a)0.5 (n)0.5 (g)0.5 (e)14.4 ( r)0.5 (a)0.5 (t)0.6 (e)14.4 ( a)0.5 (n)0.5 (d)36.2 ( )]TJ 0.028 Tc 0.067 Tw T* (designs appropriate means to use foreign currencies and other approaches\ to )Tj 0 Tw T* (improve risk management of the currency exchange rate.)Tj 0 0 0 0.8 k /GS0 gs /T1_1 1 Tf 11.5 0 0 11.5 99.2126 446.0581 Tm [(6. )-1269.3 (Risk in fuel prices)]TJ 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.03 Tc 0.09 Tw 10.5 0 0 10.5 127.5591 414.0581 Tm [(The)2.2 ( Group)2.2 ( has)2.2 ( two)2.2 ( )0.5 (coal)2.2 ( )0.5 (power)2.3 ( plants)2.1 ( )0.5 (with)2.2 ( an)2.2 ( )0.5 (installed)2.2 ( capacity)2.2 ( )0.5 (of)2.2 ( 1)2.2 (,)2.2 (8)2.2 (7)2.2 (5)2.2 ( )0.5 (MW)2.2 (.)2.2 ( )]TJ 0.048 Tc 0.077 Tw T* [(T)0.5 (he)14.4 ( f)0.5 (l)0.5 (uc)0.5 (t)0.5 (ua)0.5 (t)0.5 (io)0.5 (n)0.5 (s)14.3 ( i)0.5 (n)14.4 ( c)0.5 (o)0.5 (al)14.4 ( p)0.5 (r)0.5 (ic)0.5 (e)14.4 ( w)0.5 (i)0.5 (ll)14.4 ( a)0.5 (f)0.5 (fe)0.5 (c)0.5 (t)14.3 ( t)0.5 (h)0.5 (e)14.3 ( op)0.5 (e)0.5 (ra)0.5 (t)0.5 (in)0.5 (g)14.4 ( r)0.5 (es)0.5 (u)0.5 (l)0.5 (ts)14.4 ( o)0.5 (f)14.3 ( th)0.5 (e)14.4 ( Gr)0.5 (o)0.5 (u)0.5 (p)14.3 (\222)14.4 (s)20.2 ( )]TJ 0.028 Tc 0.032 Tw T* (coal power business and there are many uncertain factors in the domestic\ coal )Tj 0.051 Tc 0.078 Tw T* [(market)14 (.)14 ( The)14 ( Group)14 ( will)14 ( strengthen)14 ( communication)13.9 ( with)13.9 ( key)14 ( coal)14 ( enterprises)23.2 ( )]TJ 0.053 Tc T* [(to)14.2 ( ensure)14.2 ( orderly)14.1 ( purchase)14.2 ( of)14.1 ( thermal)14.2 ( coal)14.1 ( under)14.2 ( long)14.1 ( term)14.2 ( agreements)14.1 ( on)25.2 ( )]TJ 0.07 Tc T* [(a)13.5 ( yearly)13.5 ( basis)13.5 ( under)13.6 ( the)13.5 ( premise)13.5 ( of)13.5 ( ensuring)13.5 ( power)13.5 ( generation)13.5 ( and)13.5 ( heat)42.2 ( )]TJ 0.042 Tc T* [(supply)13.9 ( of)13.9 ( units)13.9 ( as)13.9 ( well)13.9 ( as)13.9 ( controlling)13.9 ( fuel)13.9 ( costs)13.9 (.)13.9 ( The)13.9 ( Group)13.9 ( will)13.9 ( keep)13.9 ( a)13.9 ( close)14.2 ( )]TJ 0.033 Tc 0.087 Tw T* [(eye)5.2 ( )0.5 (on)5.2 ( and)5.2 ( )0.5 (earnestly)5.2 ( )0.5 (analyze)5.2 ( the)5.2 ( )0.5 (trends)5.2 ( )0.5 (of)5.2 ( )0.5 (coal)5.2 ( )0.5 (and)5.2 ( )0.5 (transportation)5.2 ( as)5.2 ( )0.5 (well)5.2 ( )0.5 (as)5.2 ( )]TJ 0.053 Tc 0.077 Tw T* [(t)0.5 (he)14.4 ( ch)0.5 (an)0.5 (ge)0.5 (s)14.3 ( in)14.4 ( p)0.5 (ri)0.5 (ce)0.5 (s)14.4 (,)14.3 ( w)0.5 (or)0.5 (k)14.4 ( ou)0.5 (t)14.3 ( a)0.5 (nd)14.4 ( i)0.5 (mp)0.5 (l)0.5 (em)0.5 (en)0.5 (t)14.3 ( c)0.5 (o)0.5 (al)14.4 ( p)0.5 (ur)0.5 (ch)0.5 (as)0.5 (i)0.5 (ng)14.4 ( st)0.5 (ra)0.5 (te)0.5 (g)0.5 (ie)0.5 (s)14.3 (,)25.2 ( )]TJ 0.044 Tc 0.078 Tw T* [(maintain)14.3 ( reasonable)14.2 ( )0.5 (coal)14.3 ( )0.5 (inventory)14.2 (,)14.2 ( )0.5 (and)14.2 ( )0.5 (constantly)14.2 ( )0.5 (improve)14.2 ( )0.5 (the)14.2 ( )0.5 (capability)14.2 ( )0.5 (to)16.2 ( )]TJ 0.028 Tc 0.051 Tw T* (comprehend the operating law of the coal market and to control fuel cost\s and )Tj 0.053 Tc 0.078 Tw 0 -1.524 TD [(ensure)13.6 ( supplies)13.7 (.)13.6 ( The)13.7 ( Group)13.7 ( will)13.7 ( constantly)13.7 ( standardize)13.7 ( and)13.6 ( expand)13.7 ( supply)25.2 ( )]TJ 0.044 Tc 0 -1.524 TD [(channels)14 ( of)14 ( spot)13.9 ( coal)14 (,)14 ( optimise)14 ( coal)14 ( structure)14 (,)14 ( prevent)14 ( operational)14 ( risks)14 ( and)16.2 ( )]TJ 0.028 Tc 0 Tw T* (improve the Group\222s capability to ensure coal supply and control cost\s.)Tj ET endstreamendobj1692 0 obj<>endobj1687 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT 1 0.36 0.14 0 k /Perceptual ri /GS0 gs /T1_0 1 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was not fundamentally alleviated in a few exceptional d\istricts. )Tj 0.002 Tw T* (The Group will continue to study the characteristics of operation and ab\sorption )Tj 0.079 Tw T* (of wind power, accurately judge the changing trends of policies and make\ full )Tj 0.026 Tc 0 Tw T* [(use of national policies to cope with the grid curtailment and prevent r\ecurrence)-1.8 ( )]TJ 0.03 Tc 0.09 Tw T* [(risk)2.2 (.)2.2 ( )0.5 (In)2.2 ( )0.5 (addition)2.3 (,)2.2 ( it)2.1 ( )0.5 (will)2.3 ( enhance)2.2 ( )0.5 (proactive)2.2 ( communication)2.2 ( )0.5 (with)2.2 ( the)2.2 ( )0.5 (government)2.2 ( )]TJ 0.038 Tc 0.082 Tw T* [(a)0.5 (n)0.5 (d)10.2 ( g)0.5 (r)0.5 (i)0.5 (d)10.2 ( )0.5 (co)0.5 (m)0.5 (p)0.5 (a)0.5 (n)0.5 (i)0.5 (es)10.2 (,)10.2 ( )0.5 (a)0.5 (n)0.5 (d)10.1 ( )0.5 (t)0.5 (a)0.5 (k)0.5 (e)10.1 ( )0.5 (t)0.5 (h)0.5 (e)10.2 ( i)0.5 (n)0.5 (i)0.5 (t)0.5 (i)0.5 (a)0.5 (ti)0.5 (v)0.5 (e)10.2 ( )0.5 (t)0.5 (o)10.1 ( )0.5 (c)0.5 (a)0.5 (p)0.5 (tu)0.5 (r)0.5 (e)10.2 ( )0.5 (m)0.5 (ar)0.5 (k)0.5 (e)0.5 (t)10.2 ( s)0.5 (h)0.5 (a)0.5 (r)0.5 (e)10.2 ( o)0.5 (f)10.2 ( )0.5 (po)0.5 (w)0.5 (e)0.5 (r)10.2 ( )]TJ 0.028 Tc -0.028 Tw T* (generation.)Tj 0 0 0 0.8 k /GS0 gs /T1_1 1 Tf 0 Tw 11.5 0 0 11.5 99.2126 462.0581 Tm [(4. )-1269.3 (Interest rate risk)]TJ 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.069 Tw 10.5 0 0 10.5 127.5591 430.0581 Tm [(The Group is principally engaged in )0.5 (domestic investment )0.5 (in wind farms, which )]TJ 0.073 Tc 0.078 Tw T* [(requires)13.8 ( enormous)13.8 ( capital)13.8 ( expenditure)13.7 ( and)13.8 ( a)13.8 ( large)13.8 ( amount)13.8 ( of)13.8 ( loan)13.8 ( fund)13.8 (.)45.2 ( )]TJ 0.028 Tc 0.016 Tw T* (Therefore, any changes in interest rate will have certain impacts on the\ Group\222s )Tj 0.092 Tw T* [(cost of )0.5 (funds. )0.5 (With sound )0.5 (performance and )0.5 (credibility, a )0.5 (stable )0.5 (debt structure )]TJ 0.032 Tc 0.088 Tw T* [(and)4.2 ( )0.5 (diversified)4.2 ( )0.5 (financing)4.2 ( channels)4.2 (,)4.2 ( )0.5 (the)4.2 ( )0.5 (financing)4.2 ( )0.5 (interest)4.2 ( )0.5 (rate)4.2 ( incurred)4.2 ( )0.5 (always)4.2 ( )]TJ 0.029 Tc 0.091 Tw T* [(remains)1.3 ( lower)1.2 ( )0.5 (than)1.2 ( )0.5 (the)1.2 ( average)1.2 ( level)1.2 ( )0.5 (among)1.2 ( the)1.2 ( )0.5 (peers)1.3 (.)1.2 ( Meanwhile)1.2 (,)1.2 ( )0.5 (the)1.2 ( )0.5 (Group)1.2 ( )]TJ 0.028 Tc 0.089 Tw T* (will, through active participation in direct financing markets within an\d outside )Tj 0.032 Tc 0.088 Tw T* [(the)4.1 ( )0.5 (PRC)4.2 (,)4.2 ( innovate)4.2 ( financing)4.2 ( )0.5 (products)4.2 ( )0.5 (in)4.2 ( order)4.2 ( )0.5 (to)4.2 ( effectively)4.2 ( avert)4.2 ( )0.5 (interest)4.2 ( )0.5 (rate)4.2 ( )]TJ 0.028 Tc 0.05 Tw T* [(risks. )0.5 (In )0.5 (addition, )0.5 (the )0.5 (Group )0.5 (will )0.5 (pay )0.5 (close )0.5 (attention )0.6 (to )0.5 (changes )0.5 (of )0.5 (policy )0.5 (in )0.5 (the )]TJ 0.068 Tw T* (domestic and international financial markets, timely adopt a targeted fi\nancing )Tj 0.066 Tw T* (model during fluctuation of interest rate so as to partially offset the \impacts on )Tj 0 Tw 0 -1.524 TD (financial costs brought by changes in interest rates.)Tj ET endstreamendobj1688 0 obj<>endobj1654 0 obj<>/Font<>/ProcSet[/PDF/Text]/Properties<>/XObject<>>>/TrimBox[0.0 0.0 595.276 807.874]/Type/Page>>endobj1655 0 obj<>/Font<>/ProcSet[/PDF/Text]/Properties<>/XObject<>>>/TrimBox[0.0 0.0 595.276 807.874]/Type/Page>>endobj1656 0 obj<>/Font<>/ProcSet[/PDF/Text]/XObject<>>>/TrimBox[0.0 0.0 595.276 807.874]/Type/Page>>endobj1657 0 obj<>/Font<>/ProcSet[/PDF/Text]/Properties<>/XObject<>>>/TrimBox[0.0 0.0 595.276 807.874]/Type/Page>>endobj1658 0 obj<>/Font<>/ProcSet[/PDF/Text]/XObject<>>>/TrimBox[0.0 0.0 595.276 807.874]/Type/Page>>endobj1734 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT 1 0.36 0.14 0 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 41.1416 33.8036 Tm (64)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT 1 0.36 0.14 0.3 k /T1_1 1 Tf 0 Tw 14 0 0 14 70.8661 670.2631 Tm [(IV. )-412.4 (RISK FACTORS AND RISK MANAGEMENT)]TJ 0 0 0 0.8 k 11.5 0 0 11.5 99.2126 636.2631 Tm [(1. )-1269.3 (Policy risk)]TJ 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.075 Tc 0.078 Tw 10.5 0 0 10.5 127.5591 604.2631 Tm [(As)14 ( the)14 ( power)14.1 ( system)14 ( reform)14 ( continues)14 ( to)14 ( deepen)14 (,)14 ( the)14 ( trading)14 ( scale)14 ( and)47.2 ( )]TJ 0.063 Tc 0 -1.524 TD [(scope)13.9 ( of)13.9 ( new)14 ( energy)14 ( market)13.9 ( will)14 ( continue)13.9 ( to)13.9 ( increase)14 (,)13.9 ( the)13.9 ( construction)13.9 ( of)35.2 ( )]TJ 0.041 Tc 0.079 Tw T* [(pilot)13.2 ( exploratory)13.2 ( markets)13.2 ( )0.5 (for)13.2 ( spot)13.1 ( )0.5 (goods)13.2 ( and)13.2 ( )0.5 (auxiliary)13.2 ( )0.5 (services)13.2 ( )0.5 (will)13.2 ( speed)13.2 ( )0.5 (up)13.2 ( )]TJ 0.056 Tc 0.078 Tw T* [(and)13.8 ( policies)13.7 ( on)13.7 ( renewable)13.7 ( energy)13.8 ( quota)13.7 ( system)13.8 (,)13.8 ( grid)13.7 ( parity)13.7 ( of)13.8 ( wind)13.7 ( power)28.2 ( )]TJ 0.078 Tc T* [(generation)13.6 (,)13.5 ( competitive)13.6 ( allocation)13.5 (,)13.5 ( market)13.5 (-)13.5 (oriented)13.5 ( subsidy)13.5 (,)13.5 ( etc)13.5 (.)13.5 ( will)13.5 ( be)50.2 ( )]TJ 0.041 Tc 0.079 Tw T* [(successively)13.2 ( )0.5 (implemented)13.1 (.)13.3 ( Since)13.2 ( the)13.2 ( )0.5 (increasingly)13.2 ( )0.5 (severe)13.2 ( )0.5 (market)13.2 ( competition)13.2 ( )]TJ 0.029 Tc 0.091 Tw T* [(poses)1.2 ( )0.5 (more)1.2 ( )0.5 (severe)1.2 ( )0.5 (test)1.2 ( )0.5 (for)1.2 ( )0.5 (enterprise)1.1 ( )0.5 (marketing)1.2 ( )0.5 (and)1.2 ( )0.5 (operation)1.2 (,)1.2 ( )0.5 (the)1.2 ( )0.5 (Group)1.2 ( will)1.2 ( )]TJ 0.037 Tc 0.083 Tw T* [(keep)9.2 ( )0.5 (tracking)9.2 ( )0.5 (relevant)9.2 ( )0.5 (national)9.3 ( policies)9.2 (,)9.2 ( )0.5 (judge)9.2 ( )0.5 (the)9.3 ( effects)9.2 ( of)9.2 ( )0.5 (policies)9.2 ( )0.5 (in)9.2 ( order)9.2 ( )]TJ 0.042 Tc 0.078 Tw T* [(to)13.8 ( leverage)13.8 ( on)13.8 ( relevant)13.8 ( policies)13.8 ( reasonably)13.8 (,)13.8 ( and)13.8 ( proactively)13.8 ( propose)13.7 ( its)13.8 ( own)14.2 ( )]TJ 0.028 Tc 0 Tw T* (appeals to safeguard its benefits as a new energy enterprise.)Tj 0 0 0 0.8 k /GS0 gs /T1_1 1 Tf 11.5 0 0 11.5 99.2126 426.2631 Tm [(2. )-1269.3 (Climatic risk)]TJ 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.049 Tc 0.078 Tw 10.5 0 0 10.5 127.5591 394.2631 Tm [(The)13.9 ( major)13.9 ( climatic)13.9 ( risk)13.9 ( confronted)13.9 ( by)13.9 ( the)13.9 ( wind)13.9 ( power)13.9 ( industry)13.9 ( is)13.9 ( the)13.9 ( annual)21.3 ( )]TJ 0.075 Tc 0.077 Tw T* [(f)0.5 (l)0.5 (u)0.6 (c)0.5 (t)0.5 (u)0.5 (a)0.5 (t)0.5 (i)0.5 (o)0.5 (n)14.5 ( o)0.5 (f)14.4 ( w)0.5 (i)0.6 (n)0.5 (d)14.4 ( r)0.5 (e)0.5 (s)0.5 (o)0.5 (u)0.5 (r)0.5 (c)0.6 (e)0.5 (s)14.4 (,)14.4 ( w)0.6 (h)0.5 (i)0.5 (c)0.5 (h)14.4 ( i)0.5 (s)14.4 ( r)0.5 (e)0.5 (p)0.6 (r)0.5 (e)0.5 (s)0.5 (e)0.5 (n)0.5 (t)0.5 (e)0.5 (d)14.5 ( b)0.6 (y)14.4 ( t)0.5 (h)0.6 (e)14.4 ( h)0.5 (i)0.6 (g)0.5 (h)0.5 (e)0.5 (r)14.4 ( p)0.5 (o)0.5 (w)0.5 (e)0.5 (r)47.3 ( )]TJ 0.058 Tc 0.078 Tw T* [(generation)13.7 ( in)13.8 ( years)13.8 ( of)13.7 ( high)13.8 ( wind)13.8 ( speed)13.8 ( and)13.7 ( the)13.8 ( lower)13.8 ( power)13.8 ( generation)13.8 ( in)30.2 ( )]TJ 0.028 Tc 0.092 Tw T* [(years )0.5 (of low )0.5 (wind )0.5 (speed )0.5 (than )0.5 (that in )0.5 (normal years. On )0.5 (the )0.5 (vast )0.5 (territory of )0.5 (the )]TJ 0.043 Tc 0.078 Tw T* [(PRC)13.8 ( which)13.8 ( covers)13.8 ( a)13.8 ( wide)13.8 ( span)13.8 ( of)13.7 ( areas)13.8 (,)13.7 ( there)13.8 ( is)13.7 ( a)13.7 ( great)13.8 ( variation)13.7 ( in)13.8 ( climate)15.2 ( )]TJ 0.027 Tc 0 Tw T* [(conditions in different regions. To be specific, the regions have differ\ent climate)-0.8 ( )]TJ 0.028 Tc 0.032 Tw T* (characteristics of the years of high and low wind speeds in the same per\iod. In )Tj 0.086 Tw T* (response to different climate conditions in different regions, the Group\ carried )Tj 0.006 Tw T* (out the nationwide dispersed layout to reduce investment risks. As at th\e end of )Tj 0.067 Tw T* (2018, following the progress of projects in Sichuan and Henan, the Group\ had )Tj 0.046 Tc 0.078 Tw T* [(substantial)13.8 ( projects)13.8 ( in)13.8 ( 3)13.8 (1)13.8 ( provinces)13.8 (,)13.9 ( autonomous)13.8 ( regions)13.8 ( and)13.8 ( municipalities)18.2 ( )]TJ 0.038 Tc 0.082 Tw 0 -1.524 TD [(in)10.2 ( China)10.2 (,)10.2 ( covering)10.2 ( all)10.3 ( regions)10.2 ( except)10.3 ( for)10.2 ( )0.5 (Hong)10.2 ( Kong)10.2 (,)10.2 ( )0.5 (Macau)10.2 ( )0.5 (and)10.2 ( Taiwan)10.2 ( and)10.2 ( )]TJ 0.028 Tc 0.078 Tw 0 -1.524 TD (formulating an increasingly optimised and rational project layout. 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(8)6.2 (,)6.2 (6)6.2 (3)6.2 (3)6.2 ( )]TJ 0.092 Tc 0.078 Tw 0 -1.333 TD [(million)13.8 (.)13.8 ( The)13.8 ( cash)13.8 ( outflow)13.9 ( for)13.8 ( investment)13.8 ( activities)13.8 ( were)13.8 ( mainly)13.8 ( used)13.9 ( for)13.9 ( the)64.2 ( )]TJ 0.028 Tc 0 Tw 0 -1.333 TD (construction of wind power projects.)Tj 0.032 Tc 0.088 Tw 0 -2.667 TD [(T)0.5 (he)4.2 ( )0.5 (n)0.5 (et)4.2 ( )0.5 (ca)0.5 (s)0.5 (h)4.2 ( o)0.5 (u)0.5 (t)0.5 (fl)0.5 (o)0.5 (w)4.2 ( f)0.5 (r)0.5 (om)4.3 ( f)0.5 (i)0.5 (na)0.5 (n)0.5 (ci)0.5 (n)0.5 (g)4.2 ( )0.5 (ac)0.5 (t)0.5 (iv)0.5 (i)0.5 (t)0.5 (i)0.5 (es)4.2 ( )0.5 (of)4.3 ( t)0.5 (he)4.2 ( )0.5 (G)0.5 (ro)0.5 (u)0.5 (p)4.2 ( f)0.5 (o)0.5 (r)4.2 ( 2)4.2 (0)4.2 (1)4.2 (8)4.2 ( )0.5 (w)0.5 (as)4.2 ( )0.5 (R)0.5 (M)0.5 (B)4.2 (7)4.2 (,)4.1 (8)4.2 (0)4.2 (2)4.2 ( )]TJ 0.058 Tc 0.078 Tw 0 -1.333 TD [(million)14.1 (.)14 ( The)14.1 ( cash)14.1 ( inflow)14.1 ( from)14 ( financing)14.1 ( activities)14.1 ( was)14.1 ( mainly)14.1 ( generated)14 ( from)14 ( the)30.2 ( )]TJ 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437.5052 183.9708 Tm (74,185)Tj T* (\(93.4%\))Tj ET q 1 0 0 1 376.9982 238.5841 cm 0 0 m 8.756 -11.271 l B Q q 1 0 0 1 385.569 261.4349 cm 0 0 m -13.713 -15.804 l B Q BT 5.95 0 0 5.95 388.3752 228.2543 Tm (1,297)Tj T* (\(1.8%\))Tj ET q 1 0 0 1 426.1282 250.7305 cm 0 0 m 8.756 -11.271 l B Q BT 5.95 0 0 5.95 437.5052 240.4008 Tm (1,289)Tj T* (\(1.6%\))Tj ET q 1 0 0 1 376.9983 242.6238 cm 0 0 m 8.755 0 l h f Q q 1 0 0 1 376.9982 242.6241 cm 0 0 m 8.756 0 l S Q BT 5.95 0 0 5.95 388.3752 245.2651 Tm (3,133)Tj T* (\(4.3%\))Tj ET q 1 0 0 1 426.1284 255.0231 cm 0 0 m 8.755 0 l h f Q q 1 0 0 1 426.1282 255.0231 cm 0 0 m 8.756 0 l S Q BT 5.95 0 0 5.95 437.5052 257.6641 Tm (3,901)Tj T* (\(4.9%\))Tj -8.257 2.381 Td (4)Tj 0 -1.2 TD (\(0.1%\))Tj ET q 1 0 0 1 433.4524 269.9916 cm 0 0 m -13.713 -15.804 l B Q BT 5.95 0 0 5.95 436.2585 273.2475 Tm (67)Tj 0 -1.2 TD (\(0.1%\))Tj ET 0.663 0.106 0 0 k 318.661 106.606 -1.126 163.779 re f q 311.811 61.464 155.168 231.471 re W n q 1 0 0 1 310.2089 92.0497 cm 0 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463.117 600.6279 Tm (1,311)Tj 0 -1.2 TD (\(7.4%\))Tj ET q 1 0 0 1 452.6361 597.8736 cm 0 0 m 9.142 0 l h f Q q 1 0 0 1 452.6357 597.874 cm 0 0 m 9.143 0 l S Q q 1 0 0 1 401.5989 478.206 cm 0 0 m 9.143 0 l h f Q q 1 0 0 1 401.5989 478.2061 cm 0 0 m 9.143 0 l S Q q 1 0 0 1 401.5989 531.2475 cm 0 0 m 9.143 0 l h f Q q 1 0 0 1 401.5989 531.2479 cm 0 0 m 9.143 0 l S Q BT 6.2132 0 0 6.2132 411.7252 533.0502 Tm (3,629)Tj T* (\(21.2%\))Tj 0 -7.426 TD (7,155)Tj 0 -1.2 TD (\(41.8%\))Tj 0 16.101 TD (5,105)Tj 0 -1.2 TD (\(29.8%\))Tj ET q 1 0 0 1 401.5989 570.2121 cm 0 0 m 9.143 0 l h f Q q 1 0 0 1 401.5989 570.2124 cm 0 0 m 9.143 0 l S Q BT 6.2132 0 0 6.2132 411.725 591.2707 Tm (1,233)Tj 0 -1.2 TD (\(7.2%\))Tj ET q 1 0 0 1 401.5989 589.6728 cm 0 0 m 9.143 0 l h f Q q 1 0 0 1 401.5989 589.6731 cm 0 0 m 9.143 0 l S Q q 1 0 0 1 363.1618 456.6568 cm 0 0 m 111.534 0 l S Q q 1 0 0 1 363.1618 456.6568 cm 0 0 m 0 4.006 l S Q q 1 0 0 1 418.9288 456.6568 cm 0 0 m 0 4.006 l S Q q 1 0 0 1 474.6959 456.6568 cm 0 0 m 0 4.006 l S Q BT /T1_5 1 Tf 6.2132 0 0 6.2132 357.9646 454.6963 Tm (0)Tj ET q 1 0 0 1 363.1618 456.6568 cm 0 0 m 0 160.236 l S Q q 1 0 0 1 363.1618 456.6568 cm 0 0 m 2.788 0 l S Q BT 6.2132 0 0 6.2132 345.8738 494.7553 Tm (5,000)Tj ET q 1 0 0 1 363.1618 496.7159 cm 0 0 m 2.788 0 l S Q BT 6.2132 0 0 6.2132 342.4193 534.8143 Tm (10,000)Tj ET q 1 0 0 1 363.1618 536.7749 cm 0 0 m 2.788 0 l S Q BT 6.2132 0 0 6.2132 342.4193 614.9325 Tm (20,000)Tj ET q 1 0 0 1 363.1618 616.8931 cm 0 0 m 2.788 0 l S Q BT 6.2132 0 0 6.2132 342.4193 574.8735 Tm (15,000)Tj ET q 1 0 0 1 363.1618 576.834 cm 0 0 m 2.788 0 l S Q q 1 0 0 1 363.1618 456.6568 cm 0 0 m 111.534 0 l S Q q 1 0 0 1 363.1618 456.6568 cm 0 0 m 0 4.006 l S Q q 1 0 0 1 418.9288 456.6568 cm 0 0 m 0 4.006 l S Q q 1 0 0 1 474.6959 456.6568 cm 0 0 m 0 4.006 l S Q BT 6.2132 0 0 6.2132 357.9646 454.6963 Tm (0)Tj ET q 1 0 0 1 363.1618 456.6568 cm 0 0 m 0 160.236 l S Q q 1 0 0 1 363.1618 456.6568 cm 0 0 m 2.788 0 l S Q 0 0.6 0.6 0 k 387.323 593.835 14.221 -9.879 re f* 438.297 599.155 14.221 -10.503 re f* 0.85 0.1 1 0 k 387.323 583.957 14.221 -40.9 re f* 438.297 588.651 14.221 -24.949 re f* 0.5 0 0 0 k 387.323 543.056 14.221 -29.075 re f* 438.297 563.703 14.221 -22.585 re f* 0.4 0 0.9 0 k 387.323 513.981 14.221 -57.324 re f* 438.297 541.117 14.221 -84.461 re f* BT 0 0 0 1 k /T1_3 1 Tf 6.7457 0 0 6.7457 336.3134 633.2717 Tm (\(RMB in million\))Tj ET EMC BT /GS1 gs /T1_2 1 Tf 0.103 Tc 0.077 Tw 10.5 0 0 10.5 99.2126 368.5031 Tm [(A)0.5 (s)14.3 ( at)14.4 ( 3)14.3 (1)14.4 ( De)0.5 (ce)0.5 (mb)0.5 (er)14.4 ( 2)14.3 (0)14.4 (1)14.3 (8)14.3 (,)14.4 ( cu)0.5 (rr)0.5 (en)0.5 (t)75.2 ( )]TJ 0.065 Tc 0.078 Tw 0 -1.524 TD [(liabilities)13.6 ( of)13.6 ( the)13.6 ( Group)13.6 ( amounted)13.6 ( to)37.2 ( )]TJ 0.085 Tc T* [(RMB)13.5 (3)13.5 (9)13.4 (,)13.5 (7)13.4 (8)13.5 (0)13.5 ( million)13.5 (,)13.4 ( representing)13.5 ( a)57.2 ( )]TJ 0.11 Tc T* [(decrease)13.6 ( of)13.6 ( RMB)13.6 (7)13.6 (,)13.6 (3)13.6 (7)13.7 (9)13.6 ( million)13.6 ( as)82.2 ( )]TJ 0.094 Tc T* [(compared)13.5 ( with)13.5 ( RMB)13.5 (4)13.4 (7)13.5 (,)13.5 (1)13.5 (5)13.5 (9)13.4 ( million)66.2 ( )]TJ 0.051 Tc T* [(as)14.1 ( at)14.1 ( )0.5 (3)14.1 (1)14.2 ( December)14.2 ( 2)14.1 (0)14.2 (1)14.2 (7)14.1 (,)14.2 ( which)14.2 ( was)23.2 ( )]TJ 0.056 Tc T* [(mainly)14.1 ( due)14.1 ( to)14.1 ( repayment)14.1 ( of)14.1 ( external)28.2 ( )]TJ 0.028 Tc 0 Tw T* (short-term borrowings.)Tj 0.166 Tc 0.077 Tw 22.272 10.757 Td [(C)0.5 (u)0.5 (r)0.5 (r)0.5 (e)0.5 (n)0.5 (t)14.4 ( l)0.5 (i)0.5 (a)0.5 (b)0.5 (i)0.5 (l)0.5 (i)0.5 (t)0.5 (i)0.5 (e)0.5 (s)14.4 ( b)0.5 (y)14.4 ( i)0.5 (t)0.5 (e)0.5 (m)14.4 ( a)0.5 (n)0.5 (d)138.2 ( )]TJ 0.028 Tc 0.059 Tw T* (proportions are set out in the diagram )Tj -0.028 Tw T* (below:)Tj ET /PlacedPDF /MC1 BDC BT /GS0 gs /T1_6 1 Tf 0 Tc 0 Tw 4.335 0 0 5.1 340.7506 125.6258 Tm [(Bor)15.1 (r)19.9 (o)15.1 (wings)]TJ 0 -2.233 TD [(T)80 (r)20 (ade and bills pa)20 (y)30 (ab)10 (les)]TJ ET 0.4 0 0.9 0 k 339.814 124.208 -5.742 5.794 re f* 0.5 0 0 0 k 339.814 112.675 -5.742 5.794 re f* BT 0 0 0 1 k 4.335 0 0 5.1 418.7399 125.6258 Tm [(T)80 (ax pa)20 (y)30 (ab)10 (le)]TJ ET 0.85 0.1 1 0 k 418.168 124.208 -5.742 5.794 re f* BT 0 0 0 1 k 4.335 0 0 5.1 418.7399 114.2354 Tm [(Ob)10 (ligations under f)25 (inance leases )]TJ ET q 333.071 106.042 155.168 215.616 re W n BT 4.335 0 0 5.1 418.7399 108.1154 Tm [(and other cur)15 (r)20 (ent liabilities)]TJ ET Q 0.6 0.9 0 0 k 418.168 112.674 -5.742 5.794 re f* 0 0 0 1 k q 1 0 0 1 448.1532 196.9425 cm 0 0 m 8.756 0 l h f Q 0.17 w q 1 0 0 1 448.1534 196.942 cm 0 0 m 8.756 0 l S Q q 1 0 0 1 447.8913 263.988 cm 0 0 m 8.756 0 l h f Q q 1 0 0 1 447.8917 263.9879 cm 0 0 m 8.756 0 l S Q 0.663 0.106 0 0 k 340.714 147.16 -1.082 163.151 re f 0 0 0 1 k q 1 0 0 1 333.0711 136.7829 cm 0 0 m 150.364 0 l h f Q q 333.071 106.042 155.168 215.616 re W n q 1 0 0 1 331.4687 136.7825 cm 0 0 m 151.967 0 l S Q Q BT /T1_7 1 Tf 5.95 0 0 5.95 385.4635 139.5161 Tm (2017)Tj 8.312 0 Td (2018)Tj ET q 1 0 0 1 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/Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT 1 0.36 0.14 0 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 41.1416 33.8036 Tm (42)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT 1 0.36 0.14 0.3 k /T1_1 1 Tf 0 Tw 14 0 0 14 70.8661 670.2631 Tm [(III. )-495.6 (RESULTS OF OPERATIONS AND ANALYSIS THEREOF)]TJ 0 0 0 0.8 k 11.5 0 0 11.5 99.2126 636.2631 Tm (Profit or loss and other comprehensive income)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.03 Tc 0.09 Tw 10.5 0 0 10.5 99.2126 604.2631 Tm [(In)2.2 ( )0.5 (2)2.2 (0)2.2 (1)2.2 (8)2.2 (,)2.2 ( the)2.2 ( net)2.2 ( profit)2.2 ( )0.5 (of)2.2 ( )0.5 (the)2.2 ( )0.5 (Group)2.2 ( )0.5 (amounted)2.3 ( to)2.2 ( )0.5 (RMB)2.2 (4)2.2 (,)2.2 (9)2.2 (2)2.2 (1)2.2 ( million)2.2 (,)2.2 ( )0.5 (representing)2.2 ( )0.5 (an)2.2 ( )]TJ 0.028 Tc 0.047 Tw 0 -1.524 TD (increase of 8.2% as compared to RMB4,550 million in 2017. Net profit att\ributable to )Tj 0.034 Tc 0.086 Tw T* [(e)0.5 (qu)0.5 (i)0.5 (t)0.5 (y)6.2 ( h)0.5 (o)0.5 (ld)0.5 (e)0.5 (r)0.5 (s)6.2 ( a)0.5 (m)0.5 (o)0.5 (un)0.5 (t)0.5 (ed)6.2 ( )0.5 (t)0.5 (o)6.2 ( R)0.5 (M)0.5 (B)6.2 (4)6.2 (,)6.2 (1)6.2 (6)6.2 (6)6.2 ( m)0.5 (i)0.5 (l)0.5 (l)0.5 (io)0.5 (n)6.2 (,)6.2 ( )0.5 (re)0.5 (p)0.5 (r)0.5 (es)0.5 (e)0.5 (n)0.5 (ti)0.5 (n)0.5 (g)6.2 ( a)0.5 (n)6.2 ( )0.5 (i)0.5 (nc)0.5 (r)0.5 (ea)0.5 (s)0.5 (e)6.2 ( o)0.5 (f)6.2 ( )0.5 (8)6.2 (.)6.1 (3)6.3 (%)6.2 ( a)0.5 (s)6.2 ( )]TJ 0.031 Tc 0.089 Tw T* [(compared)3.2 ( )0.5 (to)3.2 ( )0.5 (RMB)3.2 (3)3.2 (,)3.2 (8)3.2 (4)3.2 (6)3.2 ( )0.5 (million)3.2 ( )0.5 (in)3.2 ( )0.5 (2)3.2 (0)3.2 (1)3.2 (7)3.2 (.)3.2 ( )0.5 (Earnings)3.2 ( )0.5 (per)3.2 ( )0.5 (share)3.2 ( amounted)3.3 ( to)3.2 ( )0.5 (RMB)3.2 (4)3.2 (8)3.2 (.)3.3 (8)3.1 (3)3.3 ( )]TJ 0.028 Tc 0.086 Tw T* (cents, representing an increase of RMB2.94 cents as compared to RMB45.89\ cents )Tj 0 Tw T* (in 2017.)Tj /T1_1 1 Tf 0 -3.048 TD (Operating revenue)Tj /T1_2 1 Tf 0.108 Tc 0.078 Tw T* [(Operating)13.6 ( revenue)13.6 ( of)13.5 ( the)13.6 ( Group)13.6 ( amounted)13.6 ( to)13.6 ( RMB)13.6 (2)13.5 (6)13.6 (,)13.5 (3)13.6 (8)13.5 (8)13.5 ( million)13.6 ( in)13.6 ( 2)13.5 (0)13.5 (1)13.6 (8)13.5 (,)80.2 ( )]TJ 0.04 Tc 0.08 Tw 0 -1.524 TD [(r)0.5 (ep)0.5 (r)0.5 (es)0.5 (e)0.5 (nt)0.5 (i)0.5 (ng)12.2 ( )0.5 (an)12.2 ( )0.5 (i)0.5 (nc)0.5 (r)0.5 (ea)0.5 (se)12.2 ( )0.5 (o)0.5 (f)12.2 ( R)0.5 (M)0.5 (B)12.2 (1)12.1 (,)12.2 (7)12.2 (9)12.2 (6)12.2 ( )0.5 (mi)0.5 (l)0.5 (l)0.5 (i)0.5 (on)12.2 ( )0.5 (or)12.2 ( )0.5 (7)12.2 (.)12.2 (3)12.2 (%)12.2 ( a)0.5 (s)12.2 ( c)0.5 (o)0.5 (mp)0.5 (a)0.5 (re)0.5 (d)12.2 ( t)0.5 (o)12.2 ( )0.5 (RM)0.5 (B)12.2 (2)12.2 (4)12.2 (,)12.2 (5)12.2 (9)12.2 (2)12.2 ( )]TJ 0.065 Tc 0.078 Tw 0 -1.524 TD [(million)13.9 ( in)13.9 ( 2)13.9 (0)13.9 (1)13.9 (7)13.9 (,)13.9 ( the)13.9 ( increase)13.9 ( of)13.9 ( operating)13.9 ( revenue)13.9 ( mainly)13.9 ( due)14 ( to)13.9 (:)13.9 ( \()13.9 (1)13.9 (\))13.9 ( electricity)37.2 ( )]TJ 0.036 Tc 0.084 Tw 0 -1.524 TD [(sales)8.2 ( )0.5 (and)8.2 ( other)8.2 ( )0.5 (revenue)8.2 ( )0.5 (of)8.2 ( wind)8.2 ( power)8.2 ( )0.5 (segment)8.2 ( )0.5 (increased)8.2 ( )0.5 (by)8.2 ( RMB)8.2 (2)8.2 (,)8.2 (4)8.2 (1)8.2 (2)8.2 ( )0.5 (million)8.2 ( )0.5 (or)8.2 ( )]TJ 0.032 Tc 0.088 Tw T* [(1)4.2 (5)4.2 (.)4.2 (1)4.2 (%)4.2 ( )0.5 (in)4.2 ( 2)4.2 (0)4.2 (1)4.2 (8)4.2 ( )0.5 (as)4.2 ( compared)4.2 ( )0.5 (to)4.2 ( )0.5 (2)4.2 (0)4.2 (1)4.2 (7)4.2 (,)4.2 ( mainly)4.2 ( )0.5 (due)4.2 ( to)4.2 ( )0.5 (the)4.2 ( increase)4.2 ( )0.5 (in)4.2 ( electricity)4.2 ( )0.5 (sales)4.2 ( )]TJ 0.028 Tc T* (volume of wind power segment; \(2\) revenue from coal sales of coal powe\r segment )Tj 0.046 Tw T* (decreased by RMB611 million or 15.8% in 2018 as compared to 2017, mainly\ due to )Tj 0.034 Tc 0.086 Tw T* [(the)6.2 ( decrease)6.2 ( in)6.2 ( coal)6.2 ( sales)6.2 ( )0.5 (volume)6.2 (;)6.2 ( )0.5 (\()6.2 (3)6.2 (\))6.2 ( revenue)6.2 ( )0.5 (from)6.2 ( )0.5 (electricity)6.3 ( sales)6.2 ( )0.5 (of)6.2 ( )0.5 (coal)6.2 ( )0.5 (power)6.2 ( )]TJ 0.028 Tc 0.056 Tw T* (segment decreased by RMB98 million or 3.1% in 2018 as compared to 2017, \mainly )Tj 0.007 Tw T* (due to a joint influence of the decrease in electricity sales volume and\ the increase in )Tj 0.052 Tw T* (average price of coal power segment; and \(4\) revenue from electricity \sales of other )Tj 0.082 Tw T* [(renewable )0.5 (energy )0.6 (segments )0.5 (decreased )0.6 (by )0.5 (RMB86 )0.5 (million )0.5 (or )0.6 (18.0% )0.5 (as )0.6 (compared )0.6 (to )]TJ 0 Tw T* (2017, mainly due to the decrease in photovoltaic and biomass power gener\ation.)Tj ET endstreamendobj2161 0 obj<>endobj2158 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT 1 0.36 0.14 0 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 540.4565 33.8036 Tm (41)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT 0 0 0 0.8 k /T1_1 1 Tf 0.057 Tc 0.078 Tw 11.5 0 0 11.5 99.2126 672.0581 Tm [(7)29.2 (.)29.2 ( )-1162.3 (Adhered)13.5 ( to)13.6 ( the)13.6 ( requirements)13.5 ( of)13.6 ( high)13.5 ( quality)13.6 ( development)13.5 ( to)13.6 ( \223)13.6 (go)29.2 ( )]TJ 0.028 Tc 0 Tw 2.465 -1.565 Td (global\224 in a proactive and steady way)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.053 Tc 0.078 Tw 10.5 0 0 10.5 127.5591 622.0581 Tm [(In)14 ( 2)14 (0)14 (1)14 (8)14 (,)14.1 ( following)14 ( the)14 ( requirements)14 ( of)14 ( high)14 (-)14.1 (quality)14 ( development)14 (,)14 ( the)14 ( Group)25.2 ( )]TJ 0.051 Tc 0 -1.524 TD [(proactively)13.5 ( participated)13.5 ( in)13.5 ( the)13.5 ( construction)13.5 ( of)13.5 ( the)13.5 ( \223)13.5 (Belt)13.6 ( and)13.5 ( Road)13.5 (\224)13.5 (,)13.6 ( steadily)23.2 ( )]TJ 0.055 Tc T* [(implemented)13.7 ( the)13.8 ( \223)13.7 (go)13.7 ( global)13.7 (\224)13.8 ( strategy)13.8 (,)13.7 ( and)13.8 ( exerted)13.8 ( concentrated)13.8 ( efforts)13.8 ( on)27.2 ( )]TJ 0.032 Tc 0.088 Tw T* [(overseas)4.2 ( )0.5 (wind)4.3 ( power)4.3 ( and)4.2 ( )0.5 (photovoltaic)4.2 ( market)4.2 ( to)4.2 ( )0.5 (optimise)4.2 ( the)4.2 ( )0.5 (layout)4.2 ( )0.5 (structure)4.2 ( )]TJ 0.074 Tc 0.078 Tw T* [(and)13.6 ( steadily)13.6 ( promote)13.6 ( the)13.5 ( development)13.6 ( of)13.5 ( overseas)13.6 ( business)13.5 (.)13.6 ( During)13.6 ( the)46.2 ( )]TJ 0.052 Tc T* [(year)13.5 (,)13.5 ( the)13.5 ( Group)13.5 ( increased)13.5 ( its)13.6 ( research)13.5 ( and)13.5 ( development)13.5 ( efforts)13.5 ( in)13.5 ( regional)24.2 ( )]TJ 0.062 Tc 0.077 Tw T* [(mar)0.5 (kets)14.4 ( suc)0.5 (h)14.3 ( as)14.3 ( Nor)0.5 (th)14.3 ( Afri)0.5 (ca)14.3 ( and)14.3 ( So)0.5 (uth)14.3 ( Am)0.5 (erica)14.4 (.)14.3 ( T)0.5 (hrou)0.5 (gh)14.3 ( fiel)0.5 (d)14.3 ( visi)0.5 (ts)14.3 ( and)34.2 ( )]TJ 0.061 Tc 0.078 Tw T* [(negotiations)14 ( on)14.1 ( specific)14 ( projects)14 ( and)14 ( negotiations)14 ( thereon)14 (,)14 ( the)14 ( Group)14 ( has)33.2 ( )]TJ 0.068 Tc T* [(formed)14.1 ( the)14 ( overseas)14.1 ( market)14.1 ( development)14.1 ( idea)14.1 ( of)14 ( \223)14.1 (expansion)14.1 ( of)14.1 ( business)40.2 ( )]TJ 0.054 Tc T* [(to)14.2 ( )0.6 (cover)14.3 ( )0.5 (North)14.2 ( )0.5 (America)14.3 ( )0.5 (with)14.3 ( )0.5 (the)14.3 ( )0.5 (operating)14.3 ( )0.5 (projects)14.2 ( )0.6 (in)14.3 ( )0.5 (Canada)14.3 ( )0.5 (as)14.2 ( )0.6 (the)14.3 ( )0.5 (base)14.2 (,)26.2 ( )]TJ 0.028 Tc 0.05 Tw T* (extension of presence from Argentina to the entire Latin America, develo\pment )Tj 0.092 Tw 0 -1.524 TD [(of the )0.5 (market )0.5 (in Central and )0.5 (Eastern )0.5 (Europe )0.5 (and the )0.5 (countries )0.5 (along the )0.5 (\223Belt )]TJ 0 -1.524 TD [(and )0.5 (Road\224 )0.5 (starting from )0.5 (Poland and )0.5 (Ukraine, )0.5 (and )0.5 (achievement of )0.5 (coordinated )]TJ 0.053 Tc 0.078 Tw T* [(development)14.1 ( of)14.1 ( North)14.1 ( and)14.1 ( South)14.1 ( Africa)14.1 ( relying)14 ( on)14.1 ( the)14.1 ( operating)14 ( projects)14.1 ( in)25.2 ( )]TJ 0.028 Tc 0.038 Tw T* (South Africa\224 and the market strategy of focusing on greenfield inves\tment and )Tj 0.027 Tc 0 Tw T* [(laying equal stress on greenfield development and acquisition of project\s under)-0.7 ( )]TJ 0.031 Tc 0.089 Tw T* [(construction)3.2 (,)3.2 ( )0.5 (which)3.2 ( )0.5 (has)3.2 ( )0.5 (laid)3.2 ( )0.5 (a)3.2 ( sound)3.2 ( foundation)3.2 ( )0.5 (for)3.2 ( )0.5 (the)3.2 ( )0.5 (future)3.2 ( )0.5 (development)3.2 ( )0.5 (of)3.2 ( )]TJ 0.028 Tc 0 Tw T* (overseas business.)Tj 0.05 Tc 0.078 Tw 0 -3.048 TD [(In)13.5 ( 2)13.5 (0)13.5 (1)13.5 (8)13.5 (,)13.5 ( Longyuan)13.5 ( Canada)13.5 ( of)13.5 ( the)13.5 ( Group)13.6 ( intensified)13.5 ( the)13.5 ( safety)13.5 ( management)22.2 ( )]TJ 0.094 Tc 0 -1.524 TD [(of)13.8 ( wind)13.8 ( farms)13.8 ( and)13.8 ( improved)13.8 ( the)13.8 ( quality)13.8 ( of)13.8 ( wind)13.8 ( turbine)13.8 ( operation)13.8 ( and)66.2 ( )]TJ 0.028 Tc 0.028 Tw T* (maintenance. Dufferin Wind Farm recorded total power generation of 272 G\Wh. )Tj 0.049 Tw T* (As at 31 December 2018, it has maintained safe production for a total of\ 1,492 )Tj 0.084 Tw T* (days. Longyuan Canada also proactively fulfilled its social responsibili\ties and )Tj 0.035 Tc 0.085 Tw T* [(established)7.2 ( )0.5 (close)7.2 ( )0.5 (relationship)7.2 ( )0.5 (with)7.2 ( )0.5 (the)7.2 ( )0.5 (government)7.2 (,)7.2 ( )0.5 (community)7.2 ( organisations)7.2 (,)7.2 ( )]TJ 0.028 Tc 0.053 Tw T* (and aboriginal tribes where the project is located. In 2018, the Group\222\s project )Tj 0.043 Tc 0.077 Tw T* [(i)0.5 (n)14.4 ( D)0.5 (e)14.3 ( Aa)0.5 (r)14.4 (,)14.4 ( S)0.5 (ou)0.5 (t)0.5 (h)14.3 ( Af)0.5 (r)0.5 (i)0.5 (ca)14.4 ( h)0.5 (a)0.5 (s)14.3 ( be)0.5 (e)0.5 (n)14.3 ( p)0.5 (ut)14.4 ( i)0.5 (n)0.5 (t)0.5 (o)14.3 ( p)0.5 (r)0.5 (o)0.5 (d)0.5 (uc)0.5 (t)0.5 (i)0.5 (on)14.4 ( a)0.5 (n)0.5 (d)14.3 ( o)0.5 (p)0.5 (e)0.5 (ra)0.5 (t)0.5 (i)0.5 (on)14.4 ( f)0.5 (o)0.5 (r)14.4 ( a)14.4 ( f)0.5 (ul)0.5 (l)15.2 ( )]TJ 0.028 Tc 0.014 Tw T* (year. After one year of hard efforts, the project\222s utilisation hours\ reached 3,120 )Tj 0.026 Tc 0 Tw T* [(hours, ranking the forefront of the Group, and its accumulated power gen\eration)-1.8 ( )]TJ 0.028 Tc T* (reached 763 GWh, far beyond the target set at the beginning of the year.\)Tj ET endstreamendobj2159 0 obj<>endobj2156 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT 1 0.36 0.14 0 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 41.1416 33.8036 Tm (40)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT 0 0 0 0.8 k /T1_1 1 Tf 0.084 Tc 0.078 Tw 11.5 0 0 11.5 99.2126 672.0581 Tm [(6)56.2 (.)56.2 ( )-1135.3 (Increased)13.6 ( efforts)13.7 ( on)13.7 ( technical)13.7 ( research)13.7 ( and)13.6 ( development)13.7 ( and)56.3 ( )]TJ 0.028 Tc 0 Tw 2.465 -1.565 Td (continuously improved supporting capacity of technology)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.098 Tc 0.078 Tw 10.5 0 0 10.5 127.5591 622.0581 Tm [(In)13.7 ( 2)13.7 (0)13.8 (1)13.8 (8)13.7 (,)13.8 ( the)13.7 ( Group)13.8 ( continued)13.7 ( to)13.7 ( increase)13.8 ( its)13.7 ( support)13.7 ( for)13.8 ( science)13.7 ( and)70.2 ( )]TJ 0.028 Tc 0.09 Tw 0 -1.524 TD [(technology )0.5 (projects )0.5 (that )0.5 (had significant )0.5 (influence )0.5 (on wind power development )]TJ 0.032 Tc 0.088 Tw T* [(and)4.2 ( obtained)4.2 ( )0.5 (1)4.2 (4)4.2 ( )0.5 (new)4.2 ( )0.5 (science)4.2 ( )0.5 (and)4.1 ( )0.5 (technology)4.2 ( projects)4.2 (,)4.2 ( 3)4.2 (8)4.2 ( )0.5 (authorized)4.2 ( )0.5 (patents)4.2 ( )]TJ 0.073 Tc 0.078 Tw T* [(and)13.8 ( 1)13.8 (3)13.8 ( software)13.8 ( copyrights)13.8 (.)13.8 ( Further)13.9 ( efforts)13.9 ( were)13.8 ( made)13.8 ( to)13.9 ( strengthen)13.9 ( the)45.2 ( )]TJ 0.05 Tc T* [(preparation)14.1 ( of)14.2 ( standards)14.2 ( and)14.2 ( directive)14.1 ( )0.5 (procedures)14.2 (.)14.2 ( In)14.1 ( particular)14.2 (,)14.2 ( the)14.2 ( Group)22.2 ( )]TJ 0.067 Tc 0.077 Tw T* [(un)0.5 (d)0.5 (er)0.5 (to)0.5 (ok)14.4 ( t)0.5 (he)14.4 ( p)0.5 (re)0.5 (pa)0.5 (r)0.5 (at)0.5 (io)0.5 (n)14.3 ( o)0.5 (f)14.4 ( 1)14.3 (1)14.4 ( na)0.5 (t)0.5 (io)0.5 (na)0.5 (l)14.3 ( an)0.5 (d)14.3 ( i)0.5 (n)0.5 (du)0.5 (st)0.5 (r)0.5 (y)14.3 ( s)0.5 (ta)0.5 (nd)0.5 (a)0.5 (rd)0.5 (s)14.3 (,)14.4 ( an)0.5 (d)14.4 ( th)0.5 (e)39.2 ( )]TJ 0.033 Tc 0.087 Tw T* [(\223)5.2 (Guidelines)5.2 ( )0.5 (on)5.2 ( )0.5 (Vibration)5.2 ( )0.5 (Evaluation)5.2 ( )0.5 (of)5.2 ( )0.5 (Wind)5.2 ( )0.5 (Turbine)5.2 (\224)5.2 ( )0.5 (and)5.3 ( the)5.2 ( \223)5.3 (Post)5.2 (-)5.2 (evaluation)5.2 ( )]TJ 0.074 Tc 0.078 Tw T* [(Procedures)13.5 ( for)13.5 ( Photovoltaic)13.5 ( Power)13.5 ( Station)13.5 ( Equipment)13.5 (\224)13.5 (,)13.5 ( two)13.5 ( standards)13.4 ( in)46.2 ( )]TJ 0.053 Tc T* [(the)14.1 ( energy)14.1 ( industry)14 ( prepared)14 ( by)14.1 ( the)14 ( Group)14 (,)14.1 ( were)14.1 ( approved)14 ( by)14.1 ( the)14 ( NEA)14.1 ( for)25.2 ( )]TJ 0.061 Tc T* [(implementation)14.1 (,)14.1 ( manifesting)14.1 ( the)14.1 ( Company)14.1 (\222)14.2 (s)14.1 ( consistent)14.1 ( technology)14.1 (-)14.1 (leading)33.2 ( )]TJ 0.028 Tc 0.002 Tw T* (advantage in the industry. The Power Generating Unit No. 1 of Wenling Ji\angxia )Tj 0.029 Tc 0.091 Tw 0 -1.524 TD [(Pilot)1.2 ( )0.5 (Tidal)1.2 ( Power)1.2 ( )0.5 (Station)1.2 ( )0.5 (of)1.2 ( )0.5 (the)1.2 ( Group)1.2 ( )0.5 (won)1.2 ( )0.5 (the)1.2 ( honorary)1.2 ( )0.5 (title)1.2 ( )0.5 (of)1.3 ( China)1.2 (\222)1.2 (s)1.2 ( )0.5 (top)1.2 ( )0.5 (2)1.2 (0)1.2 ( )]TJ 0.061 Tc 0.078 Tw 0 -1.524 TD [(\223)13.5 (Outstanding)13.5 ( Marine)13.5 ( Projects)13.5 (\224)13.5 (.)13.4 ( The)13.5 ( \223)13.5 (Three)13.5 (-)13.4 (blade)13.5 ( New)13.5 ( Tidal)13.5 ( Generator)13.5 ( Set)33.2 ( )]TJ 0.055 Tc 0.077 Tw T* [(De)0.5 (sign)14.3 (,)14.4 ( M)0.5 (anufa)0.5 (cturi)0.5 (ng)14.3 ( and)14.4 ( E)0.5 (ngin)0.5 (eeri)0.5 (ng)14.3 ( Demo)0.5 (nstr)0.5 (ation)14.4 (\224)14.3 ( a)0.5 (nd)14.3 ( the)14.4 ( \223)14.4 (Resear)0.5 (ch)27.2 ( )]TJ 0.041 Tc 0.079 Tw T* [(and)13.1 ( )0.5 (Application)13.2 ( )0.5 (of)13.2 ( )0.5 (Dedicated)13.2 ( )0.5 (Large)13.2 ( Drill)13.2 ( and)13.2 ( )0.5 (Key)13.2 ( )0.5 (Construction)13.2 ( )0.5 (Technologies)13.2 ( )]TJ 0.054 Tc 0.078 Tw T* [(for)13.8 ( Offshore)13.8 ( Wind)13.9 ( Power)13.8 ( Construction)13.8 (\224)13.9 ( won)13.8 ( three)13.9 ( provincial)13.8 ( and)13.9 ( ministerial)26.2 ( )]TJ 0.079 Tc T* [(awards)13.7 ( including)13.6 ( China)13.7 ( Electric)13.7 ( Power)13.6 ( Science)13.7 ( and)13.6 ( Technology)13.7 ( Award)13.6 (.)51.2 ( )]TJ 0.056 Tc 0.077 Tw T* [(T)0.5 (h)0.5 (e)14.3 ( \223)14.4 (S)0.5 (a)0.5 (fe)0.5 (t)0.5 (y)14.4 ( M)0.5 (o)0.5 (ni)0.5 (t)0.5 (o)0.5 (r)0.5 (in)0.5 (g)14.4 ( a)0.5 (n)0.5 (d)14.3 ( E)0.5 (va)0.5 (l)0.5 (u)0.5 (at)0.5 (i)0.5 (o)0.5 (n)14.3 ( T)0.5 (ec)0.5 (h)0.5 (no)0.5 (l)0.5 (o)0.5 (g)0.5 (y)14.3 ( fo)0.5 (r)14.4 ( S)0.5 (u)0.5 (pp)0.5 (o)0.5 (r)0.5 (t)14.4 ( S)0.5 (tr)0.5 (u)0.5 (c)0.5 (tu)0.5 (r)0.5 (e)14.4 ( o)0.5 (f)28.2 ( )]TJ 0.028 Tc 0.008 Tw T* (Offshore Wind Turbine\224 won the China Electric Power Construction Scie\nce and )Tj 0.039 Tc 0.081 Tw T* [(T)0.5 (e)0.6 (c)0.5 (h)0.6 (n)0.6 (o)0.5 (l)0.6 (o)0.5 (g)0.6 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Technology\224, etc., many of which were the\ first )Tj 0 Tw T* (of the kind in the world.)Tj ET endstreamendobj2157 0 obj<>endobj2025 0 obj<>/Font<>/ProcSet[/PDF/Text]/XObject<>>>/TrimBox[0.0 0.0 595.276 807.874]/Type/Page>>endobj2026 0 obj<>/Font<>/ProcSet[/PDF/Text]/XObject<>>>/TrimBox[0.0 0.0 595.276 807.874]/Type/Page>>endobj2027 0 obj<>/Font<>/ProcSet[/PDF/Text]/XObject<>>>/TrimBox[0.0 0.0 595.276 807.874]/Type/Page>>endobj2028 0 obj<>/Font<>/ProcSet[/PDF/Text]/XObject<>>>/TrimBox[0.0 0.0 595.276 807.874]/Type/Page>>endobj2029 0 obj<>/Font<>/ProcSet[/PDF/Text]/XObject<>>>/TrimBox[0.0 0.0 595.276 807.874]/Type/Page>>endobj2199 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT 1 0.36 0.14 0 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 540.4565 33.8036 Tm (39)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT 0 0 0 0.8 k /T1_1 1 Tf 0.041 Tc 0.079 Tw 11.5 0 0 11.5 99.2126 672.0581 Tm [(5)13.2 (.)13.2 ( )-1177.3 (Continued)13.3 ( to)13.2 ( )0.5 (strengthen)13.2 ( 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power)41.2 ( )]TJ 0.068 Tc 0.077 Tw T* [(am)0.5 (ou)0.5 (nt)0.5 (ed)14.3 ( t)0.5 (o)14.3 ( R)0.5 (MB)14.4 (4)14.3 (8)14.4 (2)14.3 ( pe)0.5 (r)14.3 ( M)0.5 (Wh)14.4 ( \()14.3 (V)0.5 (AT)14.4 ( exc)0.5 (lu)0.5 (si)0.5 (ve)14.4 (\))14.3 (,)14.4 ( r)0.5 (ep)0.5 (re)0.5 (se)0.5 (nt)0.5 (ing)14.4 ( a)14.3 ( d)0.5 (ec)0.5 (re)0.5 (ase)40.2 ( )]TJ 0.061 Tc T* [(of)14.4 ( R)0.5 (MB)14.4 (2)14.4 ( pe)0.5 (r)14.4 ( MW)0.5 (h)14.4 ( as)14.4 ( c)0.5 (om)0.5 (p)0.5 (ar)0.5 (ed)14.4 ( w)0.5 (it)0.5 (h)14.4 ( RM)0.5 (B)14.4 (4)14.3 (8)14.4 (4)14.3 ( p)0.5 (e)0.5 (r)14.3 ( M)0.5 (W)0.5 (h)14.3 ( \()14.4 (V)0.5 (AT)14.4 ( e)0.5 (xc)0.5 (lu)0.5 (s)0.5 (iv)0.5 (e)14.3 (\))14.4 ( i)0.5 (n)33.2 ( )]TJ 0.028 Tc 0.074 Tw T* (2017, which was due to: \(1\) the increase in the sales volume of wind p\ower in )Tj 0.044 Tc 0.077 Tw T* [(t)0.5 (h)0.5 (e)14.5 ( r)0.6 (e)0.5 (g)0.5 (i)0.5 (o)0.5 (n)0.5 (s)14.5 ( w)0.6 (i)0.5 (t)0.5 (h)14.4 ( l)0.5 (o)0.6 (w)0.5 (e)0.5 (r)14.4 ( t)0.5 (a)0.5 (r)0.6 (i)0.5 (f)0.5 (f)0.5 (s)14.4 ( b)0.5 (r)0.6 (o)0.5 (u)0.5 (g)0.5 (h)0.5 (t)14.5 ( b)0.6 (y)14.4 ( t)0.6 (h)0.5 (e)14.4 ( i)0.5 (m)0.5 (p)0.6 (r)0.5 (o)0.5 (v)0.5 (e)0.5 (m)0.5 (e)0.6 (n)0.5 (t)14.4 ( o)0.5 (f)14.4 ( g)0.5 (r)0.5 (i)0.6 (d)14.4 ( c)0.5 (u)0.5 (r)0.5 (t)0.5 (a)0.5 (i)0.6 (l)0.5 (m)0.5 (e)0.5 (n)0.6 (t)16.2 ( )]TJ 0.062 Tc 0.078 Tw T* [(as)14.1 ( compared)14.1 ( with)14 ( the)14.1 ( corresponding)14 ( period)14.1 ( of)14.1 ( 2)14 (0)14.1 (1)14 (7)14 (;)14.1 ( and)14 ( \()14 (2)14.1 (\))14 ( the)14.1 ( increase)34.2 ( )]TJ 0.047 Tc T* [(in)14 ( electricity)14 ( sales)14 ( in)14 ( the)14 ( regions)14 ( with)13.9 ( wind)14 ( power)13.9 ( trading)13.9 ( as)14 ( compared)14 ( with)19.1 ( )]TJ 0.041 Tc 0.079 Tw T* [(the)13.1 ( )0.5 (corresponding)13.2 ( )0.5 (period)13.2 ( of)13.2 ( )0.5 (2)13.2 (0)13.2 (1)13.2 (7)13.2 (.)13.2 ( )0.5 (The)13.2 ( )0.5 (average)13.2 ( )0.5 (on)13.2 (-)13.2 (grid)13.2 ( )0.5 (tariffs)13.2 ( )0.5 (for)13.2 ( coal)13.2 ( )0.5 (power)13.2 ( )]TJ 0.045 Tc 0.077 Tw 0 -1.524 TD [(a)0.5 (m)0.5 (o)0.5 (u)0.5 (n)0.5 (t)0.5 (ed)14.5 ( t)0.5 (o)14.4 ( R)0.5 (M)0.5 (B)14.4 (3)14.4 (3)14.4 (7)14.4 ( p)0.5 (e)0.5 (r)14.4 ( M)0.5 (W)0.5 (h)14.4 ( \()14.4 (V)0.5 (A)0.5 (T)14.4 ( ex)0.5 (c)0.5 (l)0.5 (u)0.5 (s)0.5 (i)0.5 (v)0.5 (e)14.4 (\))14.4 (,)14.4 ( r)0.5 (e)0.5 (p)0.5 (r)0.5 (e)0.5 (s)0.5 (e)0.5 (n)0.5 (t)0.5 (i)0.5 (n)0.5 (g)14.4 ( a)0.5 (n)14.4 ( i)0.5 (n)0.5 (c)0.5 (r)0.5 (ea)0.5 (s)0.5 (e)14.4 ( o)0.5 (f)17.2 ( )]TJ 0.046 Tc 0 -1.524 TD [(R)0.6 (M)0.5 (B)14.5 (9)14.4 ( p)0.5 (e)0.6 (r)14.4 ( M)0.6 (W)0.6 (h)14.4 ( a)0.5 (s)14.5 ( c)0.5 (o)0.6 (m)0.5 (p)0.6 (a)0.6 (r)0.5 (e)0.6 (d)14.4 ( w)0.5 (i)0.6 (t)0.6 (h)14.4 ( t)0.6 (h)0.5 (e)14.5 ( a)0.5 (v)0.6 (e)0.6 (r)0.5 (a)0.6 (g)0.5 (e)14.5 ( o)0.6 (n)14.4 (-)14.5 (g)0.5 (r)0.6 (i)0.6 (d)14.4 ( t)0.6 (a)0.6 (r)0.5 (i)0.6 (f)0.5 (f)0.6 (s)14.5 ( f)0.5 (o)0.6 (r)14.4 ( c)0.6 (o)0.6 (a)0.5 (l)14.5 ( p)0.6 (o)0.5 (w)0.6 (e)0.5 (r)18.3 ( )]TJ 0.07 Tc 0.078 Tw T* [(of)14 ( RMB)14 (3)13.9 (2)13.9 (8)14 ( per)14 ( MWh)14 ( \()13.9 (VAT)13.9 ( exclusive)13.9 (\))14 ( in)13.9 ( 2)14 (0)13.9 (1)13.9 (7)14 (,)13.9 ( which)14 ( was)13.9 ( mainly)13.9 ( due)13.9 ( to)14 ( a)42.2 ( )]TJ 0.058 Tc 0.077 Tw T* [(joi)0.5 (nt)14.3 ( infl)0.5 (uence)14.4 ( of)14.4 ( t)0.5 (he)14.3 ( high)0.5 (er)14.3 ( propo)0.5 (rtio)0.5 (n)14.3 ( o)0.5 (f)14.3 ( d)0.5 (irec)0.5 (t)14.3 ( p)0.5 (ower)14.4 ( su)0.5 (pply)14.4 (,)14.3 ( t)0.5 (he)14.3 ( upwa)0.5 (rd)30.2 ( )]TJ 0.028 Tc 0.022 Tw T* (adjustments to the benchmark tariff of electricity generated by desulphu\rization )Tj 0.095 Tc 0.077 Tw T* [(c)0.5 (o)0.5 (a)0.5 (l)14.5 ( p)0.6 (o)0.5 (w)0.5 (e)0.5 (r)14.4 ( g)0.5 (e)0.5 (n)0.6 (e)0.5 (r)0.5 (a)0.5 (t)0.5 (i)0.5 (n)0.6 (g)14.4 ( u)0.5 (n)0.5 (i)0.5 (t)0.5 (s)14.4 ( a)0.5 (n)0.5 (d)14.5 ( t)0.5 (h)0.6 (e)14.4 ( d)0.6 (e)0.5 (c)0.5 (r)0.5 (e)0.5 (a)0.5 (s)0.6 (e)14.4 ( i)0.6 (n)14.4 ( t)0.5 (h)0.5 (e)14.4 ( V)0.5 (A)0.5 (T)14.4 ( r)0.5 (a)0.5 (t)0.5 (e)14.5 ( b)0.5 (y)14.5 ( o)0.5 (n)0.5 (e)67.3 ( )]TJ 0.028 Tc 0 Tw T* (percentage point.)Tj ET endstreamendobj2198 0 obj<>endobj2195 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT 1 0.36 0.14 0 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 540.4565 33.8036 Tm (37)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT 0 0 0 1 k /GS1 gs /T1_1 1 Tf 0.056 Tc 0.078 Tw 10.5 0 0 10.5 127.5591 672.7551 Tm [(As)13.8 ( at)13.8 ( 3)13.9 (1)13.8 ( December)13.9 ( 2)13.8 (0)13.9 (1)13.8 (8)13.9 (,)13.8 ( the)13.9 ( consolidated)13.8 ( installed)13.8 ( capacity)13.9 ( of)13.9 ( the)13.8 ( Group)28.2 ( )]TJ 0.028 Tc 0.071 Tw 0 -1.286 TD (was 21,044 MW, among which, the consolidated installed capacity of the w\ind )Tj 0.049 Tc 0.078 Tw 0 -1.286 TD [(power)13.6 (,)13.6 ( coal)13.7 ( power)13.6 ( and)13.6 ( other)13.6 ( renewable)13.6 ( energy)13.6 ( segments)13.6 ( were)13.6 ( 1)13.6 (8)13.6 (,)13.6 (9)13.6 (1)13.6 (9)13.6 ( MW)13.6 (,)21.2 ( )]TJ 0.028 Tc 0 Tw 0 -1.286 TD (1,875 MW and 250 MW, respectively.)Tj 0.083 Tw 0 -2.571 TD (Geographical breakdown of the consolidated installed capacity of the Gro\up\222s )Tj 0 Tw 0 -1.286 TD (wind farms as at 31 December 2017 and 2018 is set out as below:)Tj ET 0.2 0.072 0.028 0 k /GS0 gs 226.772 576.922 99.213 -27 re 226.772 549.922 99.213 -13.5 re 226.772 536.422 99.213 -3.508 re 226.772 532.914 99.213 -13.5 re 226.772 519.414 99.213 -13.5 re 226.772 505.914 99.213 -13.5 re 226.772 492.414 99.213 -13.5 re 226.772 478.914 99.213 -13.5 re 226.772 465.414 99.213 -13.5 re 226.772 451.914 99.213 -13.5 re 226.772 438.414 99.213 -13.5 re 226.772 424.914 99.213 -13.5 re 226.772 411.414 99.213 -13.5 re 226.772 397.914 99.213 -13.5 re 226.772 384.414 99.213 -13.5 re 226.772 370.914 99.213 -13.5 re 226.772 357.414 99.213 -13.5 re 226.772 343.914 99.213 -13.5 re 226.772 330.414 99.213 -13.5 re 226.772 316.914 99.213 -13.5 re 226.772 303.414 99.213 -13.5 re 226.772 289.914 99.213 -13.5 re 226.772 276.414 99.213 -13.5 re 226.772 262.914 99.213 -13.5 re 226.772 249.414 99.213 -13.5 re 226.772 235.914 99.213 -13.5 re 226.772 222.414 99.213 -13.5 re 226.772 208.914 99.213 -13.5 re 226.772 195.414 99.213 -13.5 re 226.772 181.914 99.213 -13.5 re 226.772 168.414 99.213 -13.5 re 226.772 154.914 99.213 -13.5 re 226.772 141.414 99.213 -13.5 re 226.772 127.914 99.213 -13.5 re 226.772 114.414 99.213 -3.009 re 226.772 111.405 99.213 -13.5 re 226.772 97.905 99.213 -13.5 re 226.772 84.405 99.213 -7.664 re 226.772 76.741 99.213 -3.009 re f BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf -0.028 Tw 10.5 0 0 10.5 127.5591 551.2551 Tm (Region)Tj 1 0.36 0.14 0 k /GS0 gs 0 Tw 11.855 1.286 Td (31 December )Tj -0.028 Tw 4.196 -1.286 Td (2018)Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 0 Tw 5.365 1.286 Td (31 December )Tj -0.028 Tw 4.084 -1.286 Td (2017)Tj /T1_2 1 Tf 6.115 1.286 Td (Percentage )Tj 0 Tw 0.696 -1.286 Td (of change)Tj 1 0.36 0.14 0 k /GS0 gs -0.028 Tw 10.5 0 2.8135 10.5 292.7106 537.7551 Tm (\(MW\))Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 9.504 0 Td (\(MW\))Tj ET 1 0.36 0.14 0 K /GS0 gs q 1 0 0 1 127.559 533.4137 cm 0 0 m 99.213 0 l S Q BT /GS1 gs 0 Tc 0 Tw 10.5 0 0 10.5 127.559 534.2472 Tm ( )Tj ET /GS0 gs q 1 0 0 1 226.7716 533.4137 cm 0 0 m 99.213 0 l S Q BT 1 0.36 0.14 0 k /T1_2 1 Tf 10.5 0 0 10.5 226.7716 534.2472 Tm ( )Tj ET q 1 0 0 1 325.9842 533.4137 cm 0 0 m 99.213 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_1 1 Tf 10.5 0 0 10.5 325.9842 534.2472 Tm ( )Tj ET /GS0 gs q 1 0 0 1 425.1968 533.4137 cm 0 0 m 99.213 0 l S Q BT /GS1 gs 10.5 0 0 10.5 425.1968 534.2472 Tm ( )Tj 0.028 Tc -0.028 Tw -28.346 -2.571 Td (Heilongjiang)Tj 1 0.36 0.14 0 k /GS0 gs /T1_2 1 Tf 14.855 0 Td (1,234.7)Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 9.449 0 Td (1,234.7)Tj 10.005 0 Td (0.00%)Tj -34.309 -1.286 Td (Jilin)Tj 1 0.36 0.14 0 k /GS0 gs /T1_2 1 Tf 15.745 0 Td (547.4)Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 9.449 0 Td (547.4)Tj 9.116 0 Td (0.00%)Tj -34.309 -1.286 Td (Liaoning)Tj 1 0.36 0.14 0 k /GS0 gs /T1_2 1 Tf 14.855 0 Td (1,003.2)Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 9.449 0 Td (1,003.2)Tj 10.005 0 Td (0.00%)Tj 0 Tw -34.309 -1.286 Td (Inner Mongolia)Tj 1 0.36 0.14 0 k /GS0 gs /T1_2 1 Tf -0.028 Tw 14.855 0 Td (2,635.8)Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 9.449 0 Td (2,635.8)Tj 10.005 0 Td (0.00%)Tj 0 Tw -34.309 -1.286 Td (Jiangsu \(onshore\))Tj 1 0.36 0.14 0 k /GS0 gs /T1_2 1 Tf -0.028 Tw 14.855 0 Td (1,248.5)Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 9.449 0 Td (1,248.5)Tj 10.005 0 Td (0.00%)Tj 0 Tw -34.309 -1.286 Td (Jiangsu \(offshore\))Tj 1 0.36 0.14 0 k /GS0 gs /T1_2 1 Tf -0.028 Tw 14.855 0 Td (1,180.3)Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 10.338 0 Td (980.3)Tj 8.532 0 Td (20.40%)Tj -33.725 -1.286 Td (Zhejiang)Tj 1 0.36 0.14 0 k /GS0 gs /T1_2 1 Tf 15.745 0 Td (227.9)Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 9.449 0 Td (227.9)Tj 9.116 0 Td (0.00%)Tj -34.309 -1.286 Td (Fujian)Tj 1 0.36 0.14 0 k /GS0 gs /T1_2 1 Tf 15.745 0 Td (865.1)Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 9.449 0 Td (717.1)Tj 8.532 0 Td (20.64%)Tj -33.725 -1.286 Td (Hainan)Tj 1 0.36 0.14 0 k /GS0 gs /T1_2 1 Tf 16.328 0 Td (99.0)Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 9.449 0 Td (99.0)Tj 8.532 0 Td (0.00%)Tj -34.309 -1.286 Td (Gansu)Tj 1 0.36 0.14 0 k /GS0 gs /T1_2 1 Tf 14.855 0 Td (1,289.8)Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 9.449 0 Td (1,289.8)Tj 10.005 0 Td (0.00%)Tj -34.309 -1.286 Td (Xinjiang)Tj 1 0.36 0.14 0 k /GS0 gs /T1_2 1 Tf 14.855 0 Td (1,541.3)Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 9.449 0 Td (1,541.3)Tj 10.005 0 Td (0.00%)Tj -34.309 -1.286 Td (Hebei)Tj 1 0.36 0.14 0 k /GS0 gs /T1_2 1 Tf 14.855 0 Td (1,170.1)Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 9.449 0 Td (1,170.1)Tj 10.005 0 Td (0.00%)Tj -34.309 -1.286 Td (Yunnan)Tj 1 0.36 0.14 0 k /GS0 gs /T1_2 1 Tf 15.745 0 Td (769.5)Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 9.449 0 Td (769.5)Tj 9.116 0 Td (0.00%)Tj -34.309 -1.286 Td (Anhui)Tj 1 0.36 0.14 0 k /GS0 gs /T1_2 1 Tf 15.745 0 Td (733.1)Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 9.449 0 Td (733.1)Tj 9.116 0 Td (0.00%)Tj -34.309 -1.286 Td (Shandong)Tj 1 0.36 0.14 0 k /GS0 gs /T1_2 1 Tf 15.745 0 Td (393.4)Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 9.449 0 Td (393.4)Tj 9.116 0 Td (0.00%)Tj -34.309 -1.286 Td (Tianjin)Tj 1 0.36 0.14 0 k /GS0 gs /T1_2 1 Tf 15.745 0 Td (194.0)Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 9.449 0 Td (194.0)Tj 9.116 0 Td (0.00%)Tj -34.309 -1.286 Td (Shanxi)Tj 1 0.36 0.14 0 k /GS0 gs /T1_2 1 Tf 15.745 0 Td (879.0)Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 9.449 0 Td (829.5)Tj 9.116 0 Td (5.97%)Tj -34.309 -1.286 Td (Ningxia)Tj 1 0.36 0.14 0 k /GS0 gs /T1_2 1 Tf 15.745 0 Td (724.7)Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 9.449 0 Td (724.7)Tj 9.116 0 Td (0.00%)Tj -34.309 -1.286 Td (Guizhou)Tj 1 0.36 0.14 0 k /GS0 gs /T1_2 1 Tf 15.745 0 Td (691.5)Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 9.449 0 Td (641.5)Tj 9.116 0 Td (7.79%)Tj -34.309 -1.286 Td (Shaanxi)Tj 1 0.36 0.14 0 k /GS0 gs /T1_2 1 Tf 15.745 0 Td (439.2)Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 9.449 0 Td (439.2)Tj 9.116 0 Td (0.00%)Tj -34.309 -1.286 Td (Tibet)Tj 1 0.36 0.14 0 k /GS0 gs /T1_2 1 Tf 16.912 0 Td (7.5)Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 9.449 0 Td (7.5)Tj 7.948 0 Td (0.00%)Tj -34.309 -1.286 Td (Chongqing)Tj 1 0.36 0.14 0 k /GS0 gs /T1_2 1 Tf 15.745 0 Td (209.5)Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 9.449 0 Td (209.5)Tj 9.116 0 Td (0.00%)Tj -34.309 -1.286 Td (Shanghai)Tj 1 0.36 0.14 0 k /GS0 gs /T1_2 1 Tf 16.328 0 Td (47.5)Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 9.449 0 Td (47.5)Tj 8.532 0 Td (0.00%)Tj -34.309 -1.286 Td (Guangdong)Tj 1 0.36 0.14 0 k /GS0 gs /T1_2 1 Tf 15.161 0 Td (101.74)Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 10.033 0 Td (75.74)Tj 8.532 0 Td (34.33%)Tj -33.725 -1.286 Td (Hunan)Tj 1 0.36 0.14 0 k /GS0 gs /T1_2 1 Tf 16.328 0 Td (98.0)Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 9.449 0 Td (48.0)Tj 7.364 0 Td (104.17%)Tj -33.142 -1.286 Td (Guangxi)Tj 1 0.36 0.14 0 k /GS0 gs /T1_2 1 Tf 16.328 0 Td (95.5)Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 9.449 0 Td (95.5)Tj 8.532 0 Td (0.00%)Tj -34.309 -1.286 Td (Jiangxi)Tj 1 0.36 0.14 0 k /GS0 gs /T1_2 1 Tf 15.745 0 Td (100.0)Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 9.449 0 Td (100.0)Tj 9.116 0 Td (0.00%)Tj -34.309 -1.286 Td (Hubei)Tj 1 0.36 0.14 0 k /GS0 gs /T1_2 1 Tf 16.328 0 Td (48.0)Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 9.449 0 Td (48.0)Tj 8.532 0 Td (0.00%)Tj -34.309 -1.286 Td (Canada)Tj 1 0.36 0.14 0 k /GS0 gs /T1_2 1 Tf 16.328 0 Td (99.1)Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 9.449 0 Td (99.1)Tj 8.532 0 Td (0.00%)Tj 0 Tw -34.309 -1.286 Td (South Africa)Tj 1 0.36 0.14 0 k /GS0 gs /T1_2 1 Tf -0.028 Tw 15.745 0 Td (244.5)Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 9.449 0 Td (244.5)Tj 9.116 0 Td (0.00%)Tj ET 0.5 w /GS0 gs q 1 0 0 1 232.4408 111.6546 cm 0 0 m 87.874 0 l S Q BT 1 0.36 0.14 0 k /T1_2 1 Tf 0 Tc 0 Tw 10.5 0 0 10.5 226.7715 112.7381 Tm ( )Tj ET q 1 0 0 1 331.6534 111.6546 cm 0 0 m 87.874 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_1 1 Tf 10.5 0 0 10.5 325.9841 112.7381 Tm ( )Tj ET /GS0 gs q 1 0 0 1 430.866 111.6546 cm 0 0 m 87.874 0 l S Q BT /GS1 gs 10.5 0 0 10.5 425.1967 112.7381 Tm ( )Tj 0.028 Tc -0.028 Tw -28.346 -2.571 Td (Total)Tj 1 0.36 0.14 0 k /GS0 gs /T1_2 1 Tf 13.687 0 Td (18,918.84)Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 9.449 0 Td (18,395.34)Tj 11.173 0 Td (2.85%)Tj ET 2.5 w /GS0 gs q 1 0 0 1 232.4408 80.4911 cm 0 0 m 87.874 0 l S Q 0.835 w q 1 0 0 1 232.4408 77.1586 cm 0 0 m 87.874 0 l S Q BT 1 0.36 0.14 0 k /T1_2 1 Tf 0 Tc 0 Tw 10.5 0 0 10.5 226.7715 78.0746 Tm ( )Tj ET 2.5 w q 1 0 0 1 331.6534 80.4911 cm 0 0 m 87.874 0 l S Q 0.835 w q 1 0 0 1 331.6534 77.1586 cm 0 0 m 87.874 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_1 1 Tf 10.5 0 0 10.5 325.9841 78.0746 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 430.866 80.4911 cm 0 0 m 87.874 0 l S Q 0.835 w q 1 0 0 1 430.866 77.1586 cm 0 0 m 87.874 0 l S Q BT /GS1 gs 10.5 0 0 10.5 425.1967 78.0746 Tm ( )Tj ET endstreamendobj2196 0 obj<>endobj2193 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT 1 0.36 0.14 0 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 41.1416 33.8036 Tm (36)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT 0 0 0 0.8 k /T1_1 1 Tf 0.083 Tc 0.078 Tw 11.5 0 0 11.5 99.2126 672.0581 Tm [(3)55.2 (.)55.2 ( )-1136.3 (Optimised)13.9 ( project)14 ( quality)13.9 ( management)13.9 ( and)14 ( steadily)13.9 ( promoted)55.2 ( )]TJ 0.028 Tc 0 Tw 2.465 -1.565 Td (project construction)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.033 Tc 0.087 Tw 10.5 0 0 10.5 127.5591 622.0581 Tm [(In)5.2 ( )0.5 (2)5.2 (0)5.2 (1)5.2 (8)5.2 (,)5.2 ( )0.5 (the)5.2 ( Group)5.2 ( )0.5 (effecti)0.5 (vely)5.3 ( promoted)5.2 ( )0.5 (the)5.2 ( progress)5.2 ( )0.5 (of)5.2 ( )0.5 (construction)5.2 ( )0.5 (projects)5.2 ( )]TJ 0.063 Tc 0.078 Tw 0 -1.524 TD [(by)13.6 ( fulfilling)13.6 ( the)13.7 ( conditions)13.6 ( for)13.7 ( commencement)13.7 ( of)13.7 ( construction)13.7 ( in)13.7 ( advance)13.7 (,)35.2 ( )]TJ 0.056 Tc T* [(further)13.6 ( strengthening)13.7 ( cost)13.7 ( management)13.7 ( and)13.6 ( control)13.7 ( and)13.7 ( optimising)13.6 ( project)28.2 ( )]TJ 0.04 Tc 0.08 Tw T* [(quality)12.2 ( )0.5 (management)12.2 (,)12.2 ( resulting)12.2 ( )0.5 (in)12.2 ( steady)12.2 ( )0.5 (progress)12.2 ( )0.5 (in)12.1 ( )0.5 (the)12.2 ( construction)12.2 ( of)12.2 ( )0.5 (wind)12.2 ( )]TJ 0.066 Tc 0.078 Tw T* [(power)13.7 ( projects)13.7 (.)13.7 ( Thanks)13.7 ( to)13.8 ( reinforced)13.7 ( management)13.8 ( of)13.8 ( construction)13.8 ( safety)13.7 (,)38.2 ( )]TJ 0.041 Tc 0.079 Tw T* [(project)13.2 ( )0.5 (construction)13.2 ( )0.5 (was)13.2 ( )0.5 (carried)13.2 ( )0.5 (out)13.2 ( )0.5 (under)13.2 ( stable)13.2 ( )0.5 (safety)13.2 ( )0.5 (environment)13.2 ( )0.5 (without)13.2 ( )]TJ 0.028 Tc 0.028 Tw T* (any construction or equipment-related safety accident. Six wind power pr\ojects )Tj 0 Tw T* (with a capacity of 523.5 MW were put into operation throughout the year.\)Tj 0.073 Tc 0.077 Tw 0 -3.048 TD [(T)0.5 (h)0.5 (e)14.4 ( G)0.5 (r)0.5 (o)0.5 (u)0.6 (p)14.4 ( c)0.6 (o)0.5 (n)0.5 (t)0.5 (i)0.5 (n)0.5 (u)0.6 (e)0.5 (d)14.4 ( t)0.5 (o)14.4 ( l)0.5 (e)0.5 (a)0.5 (d)14.4 ( t)0.5 (h)0.5 (e)14.4 ( i)0.5 (n)0.6 (d)0.5 (u)0.5 (s)0.5 (t)0.5 (r)0.5 (y)14.5 ( d)0.5 (e)0.6 (v)0.5 (e)0.5 (l)0.5 (o)0.5 (p)0.5 (m)0.6 (e)0.5 (n)0.5 (t)14.4 ( b)0.5 (y)14.4 ( s)0.5 (t)0.5 (r)0.5 (e)0.5 (n)0.5 (g)0.5 (t)0.6 (h)0.5 (e)0.5 (n)0.5 (i)0.5 (n)0.5 (g)45.3 ( )]TJ 0.08 Tc 0 -1.524 TD [(tec)0.5 (hnolo)0.5 (gica)0.5 (l)14.3 ( inno)0.5 (vati)0.5 (on)14.3 ( and)14.3 ( pro)0.5 (moti)0.5 (ng)14.3 ( safe)14.4 ( a)0.5 (nd)14.3 ( civi)0.5 (liz)0.5 (ed)14.3 ( const)0.5 (ructi)0.5 (on)14.3 (.)52.2 ( )]TJ 0.095 Tc 0.078 Tw 0 -1.524 TD [(It)14.2 ( effectively)14.2 ( ensured)14.1 ( safe)14.1 ( )0.5 (construction)14.2 ( at)14.1 ( sea)14.1 ( by)14.1 ( adopting)14.1 ( innovative)67.2 ( )]TJ 0.054 Tc 0 -1.524 TD [(construction)13.6 ( management)13.6 ( means)13.6 (,)13.6 ( setting)13.6 ( up)13.6 ( mobile)13.6 ( satellite)13.6 ( base)13.6 ( stations)13.6 (,)26.2 ( )]TJ 0.028 Tc 0.072 Tw T* (introducing accurate coordinate weather forecasting system and implement\ing )Tj 0.095 Tc 0.078 Tw T* [(full)13.6 ( coverage)13.6 ( of)13.6 ( communication)13.6 ( over)13.6 ( the)13.6 ( construction)13.6 ( site)13.6 (.)13.6 ( The)13.6 ( Group)67.2 ( )]TJ 0.028 Tc 0.092 Tw T* [(strengthened )0.5 (the research on )0.5 (the )0.5 (basic types )0.5 (of )0.5 (offshore wind )0.5 (power projects )]TJ 0.087 Tc 0.078 Tw T* [(and)14.2 ( promoted)14.1 ( the)14.2 ( development)14.2 ( of)14.1 ( large)14.2 (-)14.1 (diameter)14.1 ( rock)14.1 (-)14.2 (socketed)14.2 ( single)59.2 ( )]TJ 0.053 Tc 0.077 Tw T* [(p)0.5 (i)0.5 (le)14.4 ( c)0.5 (o)0.5 (ns)0.5 (t)0.5 (r)0.5 (uc)0.5 (t)0.5 (io)0.5 (n)14.4 ( t)0.5 (ec)0.5 (h)0.5 (no)0.5 (l)0.5 (o)0.5 (gy)14.4 (.)14.4 ( T)0.5 (he)14.4 ( s)0.5 (u)0.5 (cc)0.5 (e)0.5 (ss)0.5 (f)0.5 (u)0.5 (l)14.3 ( e)0.5 (x)0.5 (p)0.5 (er)0.5 (i)0.5 (e)0.5 (nc)0.5 (e)14.4 ( c)0.5 (on)0.5 (c)0.5 (lu)0.5 (d)0.5 (e)0.5 (d)14.3 ( i)0.5 (n)14.4 ( r)0.5 (o)0.5 (c)0.5 (k)25.1 ( )]TJ 0.044 Tc 0.078 Tw T* [(broaching)13.7 ( anchor)13.7 ( foundation)13.8 ( provided)13.7 ( technical)13.7 ( reserves)13.7 ( for)13.8 ( the)13.7 ( application)16.2 ( )]TJ 0.055 Tc 0.077 Tw T* [(t)0.5 (h)0.5 (e)0.5 (r)0.5 (e)0.5 (of)14.4 ( i)0.5 (n)14.4 ( s)0.5 (u)0.5 (b)0.5 (s)0.5 (e)0.5 (q)0.5 (u)0.5 (e)0.5 (n)0.5 (t)14.4 ( p)0.5 (r)0.5 (o)0.5 (j)0.5 (e)0.5 (c)0.5 (t)0.5 (s)14.4 (.)14.3 ( T)0.5 (h)0.5 (e)14.4 ( n)0.5 (e)0.5 (w)14.4 ( s)0.5 (i)0.5 (n)0.5 (g)0.5 (l)0.5 (e)14.4 (-)14.4 (b)0.5 (l)0.5 (a)0.5 (d)0.5 (e)14.4 ( h)0.5 (o)0.5 (i)0.5 (s)0.5 (t)0.5 (i)0.5 (n)0.5 (g)14.4 ( c)0.5 (o)0.5 (n)0.5 (s)0.5 (t)0.5 (r)0.5 (u)0.5 (c)0.5 (t)0.5 (i)0.5 (o)0.5 (n)27.1 ( )]TJ 0.047 Tc 0.078 Tw T* [(technology)13.9 ( was)13.9 ( proactively)14 ( applied)14 ( in)13.9 ( projects)14 ( in)14 ( forested)13.9 ( and)13.9 ( mountainous)19.2 ( )]TJ 0.06 Tc 0.077 Tw T* [(ar)0.5 (eas)14.3 ( so)14.4 ( as)14.3 ( to)14.3 ( r)0.5 (edu)0.5 (ce)14.3 ( the)14.4 ( n)0.5 (ega)0.5 (tiv)0.5 (e)14.3 ( imp)0.5 (act)14.4 ( o)0.5 (f)14.3 ( con)0.5 (stru)0.5 (cti)0.5 (on)14.3 ( on)14.3 ( t)0.5 (he)14.3 ( fo)0.5 (rest)0.5 (ed)32.2 ( )]TJ 0.056 Tc 0.078 Tw T* [(and)13.9 ( mountainous)13.8 ( areas)13.9 (.)13.8 ( The)13.9 ( construction)13.9 ( start)13.8 (-)13.9 (up)13.8 ( procedures)13.8 ( were)13.8 ( strictly)28.2 ( )]TJ 0.031 Tc 0.089 Tw T* [(implemented)3.2 ( )0.5 (to)3.2 ( )0.5 (ensure)3.2 ( )0.5 (that)3.3 ( projects)3.2 ( )0.5 (were)3.2 ( )0.5 (constructed)3.2 ( )0.5 (in)3.2 ( accordance)3.2 ( )0.5 (with)3.2 ( )0.5 (the)3.2 ( )]TJ 0.032 Tc 0.088 Tw T* [(l)0.5 (a)0.6 (w)0.5 (s)4.2 ( )0.5 (a)0.5 (n)0.6 (d)4.2 ( r)0.6 (e)0.5 (g)0.6 (u)0.5 (l)0.5 (a)0.6 (t)0.5 (i)0.6 (o)0.5 (n)0.5 (s)4.2 (.)4.2 ( )0.5 (W)0.5 (a)0.6 (t)0.5 (e)0.5 (r)4.2 ( )0.5 (a)0.5 (n)0.6 (d)4.2 ( s)0.6 (o)0.5 (i)0.5 (l)4.3 ( c)0.6 (o)0.5 (n)0.5 (s)0.6 (e)0.5 (r)0.5 (v)0.6 (a)0.5 (t)0.5 (i)0.6 (o)0.5 (n)4.2 ( )0.5 (w)0.5 (a)0.6 (s)4.2 ( r)0.6 (e)0.5 (g)0.6 (u)0.5 (l)0.5 (a)0.6 (t)0.5 (e)0.5 (d)4.2 ( )0.5 (i)0.5 (n)4.2 ( )0.5 (w)0.5 (i)0.6 (n)0.5 (d)4.2 ( )0.5 (f)0.5 (a)0.6 (r)0.5 (m)4.2 ( )]TJ 0.028 Tc 0.075 Tw T* (construction to build ecological wind farms nationwide and achieve green\ and )Tj 0.039 Tc 0.081 Tw T* [(sustainable)11.2 ( )0.5 (development)11.2 (.)11.2 ( In)11.2 ( )0.5 (June)11.2 ( )0.5 (2)11.2 (0)11.2 (1)11.2 (8)11.2 (,)11.2 ( the)11.2 ( wind)11.2 ( )0.5 (power)11.2 ( )0.5 (project)11.2 ( of)11.2 ( Shandong)11.2 ( )]TJ 0.028 Tc 0.018 Tw T* (Longyuan with an installed capacity of 98.2 MW in Yushan and Qingyun Tow\ns, )Tj 0.032 Tc 0.088 Tw T* [(Linshu)4.2 ( )0.5 (County)4.2 (,)4.2 ( the)4.2 ( wind)4.2 ( )0.5 (power)4.2 ( project)4.1 ( )0.5 (of)4.2 ( Guangxi)4.2 ( )0.5 (Longyuan)4.2 ( )0.5 (with)4.1 ( )0.5 (an)4.2 ( )0.5 (installed)4.2 ( )]TJ 0.036 Tc 0.084 Tw T* [(capacity)8.2 ( )0.5 (of)8.2 ( )0.5 (4)8.2 (8)8.2 ( MW)8.2 ( )0.5 (in)8.2 ( Liujing)8.2 ( Town)8.3 (,)8.1 ( )0.5 (Heng)8.2 ( )0.5 (County)8.2 ( )0.5 (and)8.2 ( )0.5 (the)8.2 ( )0.5 (wind)8.2 ( )0.5 (power)8.2 ( )0.5 (project)8.2 ( )]TJ 0.055 Tc 0.078 Tw T* [(with)13.6 ( an)13.6 ( installed)13.6 ( capacity)13.6 ( of)13.6 ( 4)13.6 (7)13.6 (.)13.6 (5)13.6 ( MW)13.6 ( in)13.6 ( Beibao)13.6 ( Town)13.6 (,)13.6 ( Chongming)13.6 ( County)13.5 (,)27.2 ( )]TJ 0.03 Tc 0.09 Tw T* [(Shanghai)2.2 ( )0.5 (of)2.2 ( the)2.2 ( Group)2.2 ( )0.5 (obtained)2.2 ( )0.5 (the)2.2 ( )0.5 (\223)2.2 (China)2.2 ( )0.5 (Quality)2.2 ( )0.5 (Power)2.2 ( Project)2.2 ( )0.5 (Award)2.2 (\224)2.2 (,)2.2 ( )0.5 (the)2.2 ( )]TJ 0.028 Tc 0 Tw T* (highest prize for project quality in the power construction industry in \China.)Tj ET endstreamendobj2194 0 obj<>endobj2191 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT 1 0.36 0.14 0 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 540.4565 33.8036 Tm (35)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT 0 0 0 1 k /GS1 gs /T1_1 1 Tf 0.047 Tc 0.078 Tw 10.5 0 0 10.5 127.5591 672.7551 Tm [(In)14.3 ( )0.5 (2)14.3 (0)14.3 (1)14.3 (8)14.2 (,)14.3 ( )0.6 (the)14.3 ( )0.6 (consolidated)14.3 ( )0.5 (gross)14.3 ( )0.5 (power)14.2 ( )0.6 (generation)14.2 ( )0.6 (from)14.3 ( )0.6 (coal)14.3 ( )0.6 (power)14.3 ( )0.5 (segment)19.2 ( )]TJ 0.028 Tc 0.072 Tw 0 -1.524 TD [(of the Group was 9,920 GWh, representing a decrease of )0.5 (5.66% as compared )]TJ 0.028 Tw T* [(with )0.5 (10,515 )0.5 (GWh )0.5 (in )0.5 (2017. )0.5 (This was mainly due to )0.5 (the )0.5 (significant )0.5 (increase )0.5 (in )0.5 (the )]TJ T* (electricity from outside the region and the new energy power generation,\ which )Tj 0.035 Tw T* [(squeezed )0.5 (the share of )0.5 (coal )0.5 (power. )0.5 (The average )0.5 (utilisation hours )0.5 (of )0.5 (the Group\222s )]TJ 0.072 Tw T* [(coal )0.5 (power segment in )0.5 (2018 was 5,291 )0.5 (hours, representing a )0.5 (decrease of )0.5 (317 )]TJ 0 Tw T* (hours as compared with 5,608 hours in 2017.)Tj 0 0 0 0.8 k /GS0 gs /T1_2 1 Tf 0.08 Tc 0.078 Tw 11.5 0 0 11.5 99.2126 542.7551 Tm [(2)52.2 (.)52.2 ( )-1139.3 (Deepened)13.6 ( the)13.6 ( preliminary)13.7 ( work)13.6 ( and)13.6 ( continued)13.6 ( to)13.6 ( optimise)13.6 ( the)52.2 ( )]TJ 0.028 Tc 0 Tw 2.465 -1.565 Td (development layout)Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 0.024 Tw 10.5 0 0 10.5 127.5591 492.7551 Tm (In 2018, in the context of the \2235.18\224 new policy in respect of win\d power issued )Tj 0.03 Tw T* (by the NEA, the Group had 14 wind power projects with an aggregate capac\ity )Tj 0.027 Tc 0 Tw T* [(of 1,710 MW approved, thus preserving the fixed tariff for the year. In \particular,)-0.8 ( )]TJ 0.047 Tc 0.078 Tw T* [(offshore)13.7 ( wind)13.6 ( power)13.6 ( projects)13.6 ( with)13.6 ( an)13.6 ( aggregate)13.5 ( capacity)13.6 ( of)13.6 ( 1)13.6 (,)13.6 (0)13.6 (0)13.6 (0)13.6 ( MW)13.6 ( were)19.2 ( )]TJ 0.028 Tc 0.019 Tw T* [(approved, )0.5 (hitting a )0.5 (historical )0.5 (high; )0.5 (the )0.5 (Group )0.5 (obtained )0.5 (the )0.5 (approval )0.5 (for )0.5 (the )0.5 (sole )]TJ 0.084 Tw T* (wind power project in Sichuan Province, filling the Group\222s gap of wi\nd power )Tj 0.029 Tc 0.091 Tw T* [(development)1.2 ( )0.5 (in)1.2 ( Sichuan)1.2 ( )0.5 (Province)1.2 (.)1.2 ( )0.5 (As)1.2 ( )0.5 (at)1.2 ( )0.5 (the)1.2 ( )0.5 (end)1.2 ( )0.5 (of)1.2 ( 2)1.3 (0)1.2 (1)1.2 (8)1.2 (,)1.2 ( )0.5 (the)1.2 ( )0.5 (Group)1.2 ( )0.5 (had)1.2 ( )0.5 (wind)1.2 ( )]TJ 0.028 Tc 0.034 Tw T* (power projects of 7.0 GW approved but not yet put into operation, which \would )Tj 0.031 Tw T* [(be )0.5 (sufficient )0.6 (to )0.5 (meet )0.5 (the )0.5 (sustainable )0.5 (development )0.5 (requirement )0.5 (during )0.5 (the )0.6 (\22313th )]TJ 0 Tw T* (Five-Year Plan\224 period.)Tj 0.063 Tw 0 -3.048 TD (In 2018, the Group continued to deepen its work and proactively strength\ened )Tj 0.103 Tc 0.078 Tw 0 -1.524 TD [(its)13.6 ( strategic)13.6 ( leadership)13.6 ( to)13.6 ( overcome)13.6 ( difficulties)13.7 (.)13.6 ( The)13.6 ( Group)13.7 (,)13.6 ( in)13.6 ( close)75.2 ( )]TJ 0.028 Tc 0.017 Tw T* [(compliance )0.5 (with )0.5 (a )0.6 (series )0.5 (of )0.6 (wind )0.5 (power )0.5 (policies )0.6 (promulgated )0.5 (in )0.5 (China )0.5 (in )0.5 (recent )]TJ 0.052 Tc 0.078 Tw T* [(years)14.2 (,)14.2 ( )0.5 (maintained)14.2 ( )0.5 (close)14.2 ( )0.5 (communication)14.2 ( )0.5 (with)14.3 ( local)14.2 ( governments)14.2 ( )0.5 (and)14.2 ( )0.5 (energy)24.2 ( )]TJ 0.028 Tc 0.089 Tw T* [(authorities, )0.6 (made )0.5 (prompt )0.6 (deployment )0.5 (for )0.6 (and )0.5 (guided )0.5 (the )0.6 (units )0.5 (to )0.5 (change )0.5 (their )]TJ 0.092 Tw T* [(working )0.5 (ideas )0.5 (and carried )0.5 (out relevant design )0.5 (and )0.5 (research )0.5 (in )0.5 (advance so as )]TJ 0.037 Tc 0.083 Tw T* [(to)9.2 ( )0.5 (ac)0.5 (cur)0.5 (at)0.5 (ely)9.3 ( i)0.5 (den)0.5 (ti)0.5 (fy)9.2 ( )0.5 (pr)0.5 (oj)0.5 (ect)9.2 ( )0.5 (ri)0.5 (sk)0.5 (s)9.2 ( a)0.5 (nd)9.2 ( )0.5 (adv)0.5 (an)0.5 (ce)9.2 ( e)0.5 (ac)0.5 (h)9.2 ( t)0.5 (ask)9.2 ( )0.5 (in)9.2 ( )0.5 (a)9.2 ( )0.5 (pr)0.5 (oact)0.5 (iv)0.5 (e)9.2 ( )0.5 (and)9.2 ( )]TJ 0.025 Tc 0 Tw T* [(steady way. The focus was placed on promoting the development layout of \wind)-2.8 ( )]TJ 0.031 Tc 0.089 Tw T* [(power)3.2 ( )0.5 (development)3.2 ( )0.5 (in)3.2 ( )0.5 (southeastern)3.2 ( )0.5 (coastal)3.2 ( provinces)3.2 (,)3.2 ( )0.5 (non)3.2 (-)3.2 (restricted)3.2 ( areas)3.2 ( )0.5 (in)3.2 ( )]TJ 0.028 Tc 0.07 Tw T* (the central and eastern regions, and at sea. The Group paid close attent\ion to )Tj 0.033 Tw T* (and timely participated in the development and construction of bases and\ UHV )Tj 0.052 Tw T* (transmission channel projects, and continuously adjusted the key develop\ment )Tj 0.025 Tc 0 Tw T* [(sector of national wind power to achieve the development pattern of \223\nationwide)-2.9 ( )]TJ 0.051 Tc 0.077 Tw T* [(p)0.5 (r)0.5 (e)0.5 (s)0.5 (e)0.5 (nc)0.5 (e)14.4 ( a)0.5 (n)0.5 (d)14.4 ( p)0.5 (r)0.5 (o)0.5 (v)0.5 (i)0.5 (n)0.5 (c)0.5 (i)0.5 (a)0.5 (l)14.4 ( d)0.5 (i)0.5 (s)0.5 (p)0.5 (e)0.5 (r)0.5 (s)0.5 (i)0.5 (o)0.5 (n)14.4 (\224)14.4 (.)14.4 ( I)0.5 (t)14.4 ( l)0.5 (a)0.5 (u)0.5 (n)0.5 (c)0.5 (h)0.5 (e)0.5 (d)14.4 ( w)0.5 (i)0.5 (n)0.5 (d)14.4 ( p)0.6 (ow)0.5 (e)0.5 (r)14.4 ( p)0.5 (r)0.5 (o)0.5 (j)0.5 (ec)0.5 (t)0.5 (s)14.4 ( i)0.5 (n)14.4 ( 3)14.4 (1)23.2 ( )]TJ 0.057 Tc 0.078 Tw T* [(provinces)13.8 ( and)13.8 ( regions)13.7 ( across)13.8 ( the)13.7 ( country)13.7 (,)13.8 ( thereby)13.8 ( effectuating)13.7 ( nationwide)29.2 ( 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10.5 513.9237 68.5746 Tm ( )Tj ET endstreamendobj2210 0 obj<>endobj2207 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT 1 0.36 0.14 0 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 540.4565 33.8036 Tm (33)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT 0 0 0 1 k /GS1 gs /T1_1 1 Tf 0.09 Tw 10.5 0 0 10.5 127.5591 672.7551 Tm [(Geographical breakdown of the consolidated power generation of the )0.5 (Group\222s )]TJ 0 Tw 0 -1.476 TD (wind farms for 2017 and 2018:)Tj ET 0.2 0.072 0.028 0 k /GS0 gs 269.291 640.422 85.039 -31 re 269.291 609.422 85.039 -15.5 re 269.291 593.922 85.039 -3.508 re 269.291 590.414 85.039 -15.5 re 269.291 574.914 85.039 -15.5 re 269.291 559.414 85.039 -15.5 re 269.291 543.914 85.039 -15.5 re 269.291 528.414 85.039 -15.5 re 269.291 512.914 85.039 -15.5 re 269.291 497.414 85.039 -15.5 re 269.291 481.914 85.039 -15.5 re 269.291 466.414 85.039 -15.5 re 269.291 450.914 85.039 -15.5 re 269.291 435.414 85.039 -15.5 re 269.291 419.914 85.039 -15.5 re 269.291 404.414 85.039 -15.5 re 269.291 388.914 85.039 -15.5 re 269.291 373.414 85.039 -15.5 re 269.291 357.914 85.039 -15.5 re 269.291 342.414 85.039 -15.5 re 269.291 326.914 85.039 -15.5 re 269.291 311.414 85.039 -15.5 re 269.291 295.914 85.039 -15.5 re 269.291 280.414 85.039 -15.5 re 269.291 264.914 85.039 -15.5 re 269.291 249.414 85.039 -15.5 re 269.291 233.914 85.039 -15.5 re 269.291 218.414 85.039 -15.5 re 269.291 202.914 85.039 -15.5 re 269.291 187.414 85.039 -15.5 re 269.291 171.914 85.039 -15.5 re 269.291 156.414 85.039 -15.5 re 269.291 140.914 85.039 -15.5 re 269.291 125.414 85.039 -15.5 re 269.291 109.914 85.039 -3.009 re 269.291 106.905 85.039 -15.5 re 269.291 91.405 85.039 -15.5 re 269.291 75.905 85.039 -7.664 re 269.291 68.241 85.039 -3.009 re f BT 0 0 0 1 k /GS1 gs /T1_2 1 Tf -0.028 Tw 10.5 0 0 10.5 127.559 610.7551 Tm (Region)Tj 1 0.36 0.14 0 k /GS0 gs 18.75 0 Td (2018)Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 8.099 0 Td (2017)Tj /T1_2 1 Tf 4.765 1.476 Td (Percentage )Tj 0 Tw 0.696 -1.476 Td (of change)Tj 1 0.36 0.14 0 k /GS0 gs -0.028 Tw 10.5 0 2.8135 10.5 314.3497 595.2551 Tm (\(MWh\))Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 8.209 0 Td (\(MWh\))Tj ET 1 0.36 0.14 0 K /GS0 gs q 1 0 0 1 127.559 590.9137 cm 0 0 m 141.732 0 l S Q BT /GS1 gs 0 Tc 0 Tw 10.5 0 0 10.5 127.559 591.7472 Tm ( )Tj ET /GS0 gs q 1 0 0 1 269.2913 590.9137 cm 0 0 m 85.039 0 l S Q BT 1 0.36 0.14 0 k /T1_2 1 Tf 10.5 0 0 10.5 342.2396 591.7472 Tm ( )Tj ET q 1 0 0 1 354.3307 590.9137 cm 0 0 m 85.039 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_1 1 Tf 10.5 0 2.8135 10.5 427.279 591.7472 Tm ( )Tj ET /GS0 gs q 1 0 0 1 439.3701 590.9137 cm 0 0 m 85.039 0 l S Q BT /GS1 gs 10.5 0 0 10.5 512.3184 591.7472 Tm ( )Tj 0.028 Tc -0.028 Tw -36.644 -2.952 Td (Heilongjiang)Tj 1 0.36 0.14 0 k /GS0 gs /T1_2 1 Tf 16.387 0 Td (2,744,502)Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 8.099 0 Td (2,470,344)Tj 9.239 0 Td (11.10%)Tj -33.725 -1.476 Td (Jilin)Tj 1 0.36 0.14 0 k /GS0 gs /T1_2 1 Tf 17.277 0 Td (955,094)Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 8.099 0 Td (857,589)Tj 8.35 0 Td (11.37%)Tj -33.725 -1.476 Td (Liaoning)Tj 1 0.36 0.14 0 k /GS0 gs /T1_2 1 Tf 16.387 0 Td (2,266,022)Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 8.099 0 Td (2,181,498)Tj 9.823 0 Td (3.87%)Tj 0 Tw -34.309 -1.476 Td (Inner Mongolia)Tj 1 0.36 0.14 0 k /GS0 gs /T1_2 1 Tf -0.028 Tw 16.387 0 Td (5,499,564)Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 8.099 0 Td (4,909,500)Tj 9.239 0 Td (12.02%)Tj 0 Tw -33.725 -1.476 Td (Jiangsu \(onshore\))Tj 1 0.36 0.14 0 k /GS0 gs /T1_2 1 Tf -0.028 Tw 16.387 0 Td (2,637,447)Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 8.099 0 Td (2,356,064)Tj 9.239 0 Td (11.94%)Tj 0 Tw -33.725 -1.476 Td (Jiangsu \(offshore\))Tj 1 0.36 0.14 0 k /GS0 gs /T1_2 1 Tf -0.028 Tw 16.387 0 Td (2,279,162)Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 8.099 0 Td (1,089,998)Tj 8.656 0 Td (109.10%)Tj -33.142 -1.476 Td (Zhejiang)Tj 1 0.36 0.14 0 k /GS0 gs /T1_2 1 Tf 17.277 0 Td (360,597)Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 8.099 0 Td (409,719)Tj 7.989 0 Td (-11.99%)Tj -33.365 -1.476 Td (Fujian)Tj 1 0.36 0.14 0 k /GS0 gs /T1_2 1 Tf 16.387 0 Td (1,992,853)Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 8.099 0 Td (1,898,992)Tj 9.823 0 Td (4.94%)Tj -34.309 -1.476 Td (Hainan)Tj 1 0.36 0.14 0 k /GS0 gs /T1_2 1 Tf 17.277 0 Td (123,736)Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 8.099 0 Td (147,438)Tj 7.989 0 Td (-16.08%)Tj -33.365 -1.476 Td (Gansu)Tj 1 0.36 0.14 0 k /GS0 gs /T1_2 1 Tf 16.387 0 Td (2,590,060)Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 8.099 0 Td (2,095,533)Tj 9.239 0 Td (23.60%)Tj -33.725 -1.476 Td (Xinjiang)Tj 1 0.36 0.14 0 k /GS0 gs /T1_2 1 Tf 16.387 0 Td (3,208,338)Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 8.099 0 Td (2,827,684)Tj 9.239 0 Td (13.46%)Tj -33.725 -1.476 Td (Hebei)Tj 1 0.36 0.14 0 k /GS0 gs /T1_2 1 Tf 16.387 0 Td (2,485,556)Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 8.099 0 Td (2,606,858)Tj 9.462 0 Td (-4.65%)Tj -33.948 -1.476 Td (Yunnan)Tj 1 0.36 0.14 0 k /GS0 gs /T1_2 1 Tf 16.387 0 Td (2,093,666)Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 8.099 0 Td (1,808,015)Tj 9.239 0 Td (15.80%)Tj -33.725 -1.476 Td (Anhui)Tj 1 0.36 0.14 0 k /GS0 gs /T1_2 1 Tf 16.387 0 Td (1,642,302)Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 8.099 0 Td (1,550,076)Tj 9.823 0 Td (5.95%)Tj -34.309 -1.476 Td (Shandong)Tj 1 0.36 0.14 0 k /GS0 gs /T1_2 1 Tf 17.277 0 Td (795,852)Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 8.099 0 Td (723,540)Tj 8.934 0 Td (9.99%)Tj -34.309 -1.476 Td (Tianjin)Tj 1 0.36 0.14 0 k /GS0 gs /T1_2 1 Tf 17.277 0 Td (365,676)Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 8.099 0 Td (251,443)Tj 8.35 0 Td (45.43%)Tj -33.725 -1.476 Td (Shanxi)Tj 1 0.36 0.14 0 k /GS0 gs /T1_2 1 Tf 16.387 0 Td (1,779,727)Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 8.099 0 Td (1,403,353)Tj 9.239 0 Td (26.82%)Tj -33.725 -1.476 Td (Ningxia)Tj 1 0.36 0.14 0 k /GS0 gs /T1_2 1 Tf 16.387 0 Td (1,491,700)Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 8.099 0 Td (1,291,969)Tj 9.239 0 Td (15.46%)Tj -33.725 -1.476 Td (Guizhou)Tj 1 0.36 0.14 0 k /GS0 gs /T1_2 1 Tf 16.387 0 Td (1,201,921)Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 8.099 0 Td (1,263,221)Tj 9.462 0 Td (-4.85%)Tj -33.948 -1.476 Td (Shaanxi)Tj 1 0.36 0.14 0 k /GS0 gs /T1_2 1 Tf 17.277 0 Td (763,605)Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 8.099 0 Td (712,616)Tj 8.934 0 Td (7.16%)Tj -34.309 -1.476 Td (Tibet)Tj 1 0.36 0.14 0 k /GS0 gs /T1_2 1 Tf 17.86 0 Td (14,313)Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 8.099 0 Td (13,010)Tj 7.766 0 Td (10.02%)Tj -33.725 -1.476 Td (Chongqing)Tj 1 0.36 0.14 0 k /GS0 gs /T1_2 1 Tf 17.277 0 Td (307,455)Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 8.099 0 Td (349,950)Tj 7.989 0 Td (-12.14%)Tj -33.365 -1.476 Td (Shanghai)Tj 1 0.36 0.14 0 k /GS0 gs /T1_2 1 Tf 17.277 0 Td (137,712)Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 8.099 0 Td (132,176)Tj 8.934 0 Td (4.19%)Tj -34.309 -1.476 Td (Guangdong)Tj 1 0.36 0.14 0 k /GS0 gs /T1_2 1 Tf 17.277 0 Td (170,783)Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 8.099 0 Td (124,343)Tj 8.35 0 Td (37.35%)Tj -33.725 -1.476 Td (Hunan)Tj 1 0.36 0.14 0 k /GS0 gs /T1_2 1 Tf 17.277 0 Td (131,937)Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 8.099 0 Td (163,022)Tj 7.989 0 Td (-19.07%)Tj -33.365 -1.476 Td (Guangxi)Tj 1 0.36 0.14 0 k /GS0 gs /T1_2 1 Tf 17.277 0 Td (263,319)Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 8.099 0 Td (258,569)Tj 8.934 0 Td (1.84%)Tj -34.309 -1.476 Td (Jiangxi)Tj 1 0.36 0.14 0 k /GS0 gs /T1_2 1 Tf 17.86 0 Td (91,149)Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 8.099 0 Td (72,863)Tj 7.766 0 Td (25.10%)Tj -33.725 -1.476 Td (Hubei)Tj 1 0.36 0.14 0 k /GS0 gs /T1_2 1 Tf 17.277 0 Td (112,383)Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 8.683 0 Td (52,909)Tj 7.182 0 Td (112.41%)Tj -33.142 -1.476 Td (Canada)Tj 1 0.36 0.14 0 k /GS0 gs /T1_2 1 Tf 17.277 0 Td (272,338)Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 8.099 0 Td (282,092)Tj 8.573 0 Td (-3.46%)Tj 0 Tw -33.948 -1.476 Td (South Africa)Tj 1 0.36 0.14 0 k /GS0 gs /T1_2 1 Tf -0.028 Tw 17.277 0 Td (762,755)Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 8.099 0 Td (144,093)Tj 7.766 0 Td (429.35%)Tj ET 0.5 w /GS0 gs q 1 0 0 1 274.9606 107.1546 cm 0 0 m 73.701 0 l S Q BT 1 0.36 0.14 0 k /T1_2 1 Tf 0 Tc 0 Tw 10.5 0 0 10.5 342.2396 108.2381 Tm ( )Tj ET q 1 0 0 1 360 107.1546 cm 0 0 m 73.701 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_1 1 Tf 10.5 0 0 10.5 427.279 108.2381 Tm ( )Tj ET /GS0 gs q 1 0 0 1 445.0393 107.1546 cm 0 0 m 73.701 0 l S Q BT /GS1 gs 10.5 0 0 10.5 512.3184 108.2381 Tm ( )Tj 0.028 Tc -0.028 Tw -36.644 -2.952 Td (Total)Tj 1 0.36 0.14 0 k /GS0 gs /T1_2 1 Tf 15.803 0 Td (39,541,526)Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 8.099 0 Td (34,448,476)Tj 9.823 0 Td (14.78%)Tj ET 2.5 w /GS0 gs q 1 0 0 1 274.9606 71.9911 cm 0 0 m 73.701 0 l S Q 0.835 w q 1 0 0 1 274.9606 68.6586 cm 0 0 m 73.701 0 l S Q BT 1 0.36 0.14 0 k /T1_2 1 Tf 0 Tc 0 Tw 10.5 0 0 10.5 342.2396 69.5746 Tm ( )Tj ET 2.5 w q 1 0 0 1 360 71.9911 cm 0 0 m 73.701 0 l S Q 0.835 w q 1 0 0 1 360 68.6586 cm 0 0 m 73.701 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_1 1 Tf 10.5 0 0 10.5 427.279 69.5746 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 445.0394 71.9911 cm 0 0 m 73.701 0 l S Q 0.835 w q 1 0 0 1 445.0394 68.6586 cm 0 0 m 73.701 0 l S Q BT /GS1 gs 10.5 0 0 10.5 512.3184 69.5746 Tm ( )Tj ET endstreamendobj2208 0 obj<>endobj2205 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT 1 0.36 0.14 0 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 41.1416 33.8036 Tm (32)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT 0 0 0 1 k /GS1 gs /T1_1 1 Tf 0.061 Tc 0.078 Tw 10.5 0 0 10.5 127.5591 672.7551 Tm [(The)14.2 ( )0.5 (Group)14.2 ( )0.5 (strictly)14.2 ( )0.5 (implemented)14.3 ( )0.5 (dual)14.3 ( )0.5 (controls)14.3 ( )0.5 (on)14.2 ( )0.5 (grid)14.2 ( )0.5 (curtailment)14.2 ( )0.6 (rate)14.2 ( )0.5 (and)33.2 ( )]TJ 0.041 Tc 0.079 Tw 0 -1.524 TD [(quantity)13.2 (.)13.2 ( )0.5 (The)13.2 ( Group)13.2 ( further)13.2 ( )0.5 (addressed)13.2 ( )0.5 (grid)13.2 ( )0.5 (curtailment)13.2 ( )0.5 (management)13.2 ( )0.5 (through)13.2 ( )]TJ 0.028 Tc 0.081 Tw T* (a two-pronged approach as well as other methods to prevent risk backlash\es. )Tj 0.049 Tc 0.078 Tw T* [(Internally)13.8 (,)13.8 ( it)13.8 ( performed)13.8 ( stringent)13.7 ( assessment)13.7 ( on)13.7 ( grid)13.8 ( curtailment)13.8 (,)13.7 ( deepened)21.1 ( )]TJ 0.077 Tw T* [(f)0.5 (o)0.6 (l)0.5 (l)0.6 (o)0.5 (w)14.5 (-)14.4 (u)0.5 (p)14.5 ( a)0.5 (n)0.5 (a)0.6 (l)0.5 (y)0.6 (s)0.5 (i)0.5 (s)14.5 ( o)0.6 (n)14.4 ( g)0.6 (r)0.5 (i)0.5 (d)14.5 ( c)0.5 (u)0.5 (r)0.6 (t)0.5 (a)0.6 (i)0.5 (l)0.6 (m)0.5 (e)0.5 (n)0.6 (t)14.4 (,)14.4 ( e)0.6 (s)0.5 (t)0.5 (a)0.5 (b)0.6 (l)0.5 (i)0.6 (s)0.5 (h)0.6 (e)0.5 (d)14.4 ( t)0.6 (h)0.5 (e)14.4 ( e)0.6 (m)0.5 (e)0.5 (r)0.6 (g)0.5 (e)0.6 (n)0.5 (c)0.5 (y)14.4 ( r)0.6 (e)0.5 (s)0.5 (p)0.6 (o)0.5 (n)0.6 (s)0.5 (e)21.2 ( )]TJ 0.046 Tc 0.078 Tw T* [(mechanism)14.1 ( on)14.1 ( grid)14.1 ( curtailment)14.1 ( management)14.1 ( and)14.1 ( implemented)14.1 ( the)14 ( reporting)18.2 ( )]TJ 0.047 Tc T* [(and)14 ( other)14.1 ( systems)14 ( on)14.1 ( grid)14 ( curtailment)14 (;)14.1 ( externally)14 (,)14.1 ( it)14 ( strengthened)14 ( marketing)19.2 ( )]TJ 0.028 Tc 0.059 Tw T* (awareness and strove for additional transactions. Meanwhile, despite the\ ever-)Tj 0.043 Tc 0.078 Tw T* [(expanding)13.7 ( scale)13.7 ( of)13.8 ( wind)13.7 ( power)13.7 ( trading)13.7 (,)13.7 ( the)13.8 ( Group)13.7 ( observed)13.7 ( the)13.7 ( principle)13.8 ( of)15.2 ( )]TJ 0.028 Tc 0.064 Tw T* (\223striving for larger capacity while maintaining the price\224 and fur\ther conducted )Tj 0 Tw T* (market transactions to maximise the benefits of the Group.)Tj 0.041 Tc 0.079 Tw 0 -3.048 TD [(In)13.2 ( 2)13.2 (0)13.2 (1)13.2 (8)13.2 (,)13.2 ( )0.5 (the)13.2 ( )0.5 (Group)13.2 ( generated)13.2 ( )0.5 (a)13.2 ( cumulative)13.2 ( )0.5 (gross)13.2 ( electricity)13.2 ( output)13.2 ( )0.5 (of)13.2 ( )0.5 (4)13.2 (9)13.2 (,)13.2 (9)13.2 (7)13.2 (1)13.2 ( )]TJ 0.039 Tc 0.081 Tw 0 -1.524 TD [(GWh)11.2 (,)11.2 ( )0.5 (of)11.2 ( )0.5 (which)11.2 ( electricity)11.2 ( )0.5 (generated)11.2 ( )0.5 (from)11.3 ( our)11.2 ( )0.5 (wind)11.2 ( power)11.2 ( )0.5 (segment)11.2 ( amounted)11.2 ( )]TJ 0.08 Tc 0.078 Tw T* [(to)14 ( 3)14.1 (9)14 (,)14.1 (5)14.1 (4)14.1 (2)14 ( GWh)14.1 (,)14.1 ( representing)14.1 ( a)14.1 ( year)14.1 (-)14 (on)14.1 (-)14.1 (year)14.1 ( increase)14.1 ( of)14.1 ( 1)14.1 (4)14.1 (.)14 (7)14.1 (8)14.1 (%)14.1 (,)14 ( mainly)52.2 ( )]TJ 0.028 Tc 0.092 Tw T* [(attributable to the )0.5 (increase )0.5 (in )0.5 (utilisation )0.5 (hours )0.5 (and installed )0.5 (capacity. In )0.5 (2018, )]TJ 0.032 Tc 0.088 Tw T* [(the)4.2 ( )0.5 (average)4.2 ( )0.5 (utilisation)4.2 ( )0.5 (hours)4.2 ( of)4.2 ( )0.5 (the)4.2 ( )0.5 (wind)4.2 ( )0.5 (power)4.2 ( )0.5 (business)4.2 ( )0.5 (was)4.2 ( )0.5 (2)4.2 (,)4.2 (2)4.2 (0)4.2 (9)4.2 ( hours)4.2 (,)4.2 ( )0.5 (up)4.2 ( )]TJ 0.034 Tc 0.086 Tw 0 -1.524 TD [(by)6.2 ( )0.5 (1)6.2 (7)6.2 (4)6.2 ( hours)6.2 ( as)6.1 ( )0.5 (compared)6.2 ( )0.5 (with)6.2 ( that)6.2 ( of)6.1 ( )0.5 (2)6.2 (0)6.2 (1)6.2 (7)6.2 (,)6.2 ( which)6.2 ( )0.5 (was)6.2 ( )0.5 (primarily)6.2 ( attributable)6.2 ( )]TJ 0.028 Tc 0.028 Tw 0 -1.524 TD (to the decrease in grid curtailment rate, the increase in wind resources\ and the )Tj 0 Tw T* (enhanced efficiency of new units.)Tj ET endstreamendobj2206 0 obj<>endobj2203 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT 1 0.36 0.14 0 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 540.4565 33.8036 Tm (31)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT 0 0 0 1 k /GS1 gs /T1_1 1 Tf 0.037 Tc 0.083 Tw 10.5 0 0 10.5 127.5591 672.7551 Tm [(I)0.5 (n)9.2 ( )0.5 (2)9.2 (0)9.2 (1)9.2 (8)9.2 (,)9.2 ( t)0.5 (h)0.5 (e)9.2 ( )0.5 (G)0.5 (r)0.5 (o)0.5 (u)0.5 (p)9.2 ( )0.5 (s)0.5 (t)0.5 (r)0.5 (e)0.5 (n)0.5 (g)0.5 (t)0.5 (h)0.5 (e)0.5 (n)0.5 (e)0.5 (d)9.2 ( t)0.5 (h)0.5 (e)9.2 ( )0.5 (i)0.5 (m)0.5 (p)0.5 (l)0.5 (e)0.5 (m)0.5 (e)0.5 (n)0.5 (t)0.5 (a)0.5 (t)0.5 (i)0.5 (o)0.5 (n)9.2 ( )0.5 (o)0.5 (f)9.2 ( )0.5 (ac)0.6 (c)0.5 (ou)0.5 (n)0.5 (t)0.6 (ab)0.5 (i)0.6 (l)0.5 (i)0.5 (t)0.5 (y)9.2 ( s)0.6 (ys)0.5 (t)0.5 (e)0.5 (m)9.3 ( )]TJ 0.048 Tc 0.077 Tw 0 -1.524 TD [(o)0.5 (f)14.4 ( p)0.5 (r)0.5 (o)0.5 (d)0.5 (u)0.5 (c)0.5 (t)0.5 (i)0.5 (o)0.5 (n)14.4 ( s)0.5 (a)0.5 (f)0.5 (e)0.5 (t)0.5 (y)14.4 ( a)0.5 (n)0.5 (d)14.4 ( f)0.5 (o)0.5 (r)0.5 (m)0.5 (u)0.5 (l)0.5 (a)0.5 (t)0.5 (e)0.5 (d)14.4 ( t)0.5 (h)0.5 (e)14.4 ( M)0.5 (e)0.5 (a)0.5 (s)0.5 (u)0.5 (r)0.5 (e)0.5 (s)14.4 ( o)0.5 (n)14.4 ( S)0.6 (af)0.6 (e)0.5 (t)0.5 (y)14.4 ( M)0.5 (o)0.5 (n)0.5 (i)0.5 (t)0.6 (o)0.5 (r)0.5 (i)0.5 (n)0.5 (g)14.4 ( a)0.5 (n)0.5 (d)20.2 ( )]TJ 0.028 Tc 0.006 Tw T* [(Assessment )0.6 (to )0.5 (standardize )0.6 (the )0.5 (assessment; )0.5 (it )0.5 (also )0.5 (further )0.5 (enhanced )0.5 (the )0.6 (system )]TJ 0.038 Tc 0.082 Tw T* [(e)0.5 (s)0.5 (t)0.5 (a)0.5 (b)0.6 (l)0.5 (i)0.5 (s)0.5 (h)0.5 (m)0.5 (e)0.5 (n)0.6 (t)10.2 ( a)0.5 (n)0.5 (d)10.2 ( )0.5 (c)0.5 (o)0.5 (m)0.5 (p)0.5 (i)0.6 (l)0.5 (e)0.5 (d)10.2 ( )0.5 (t)0.5 (h)0.5 (e)10.2 ( W)0.6 (o)0.5 (r)0.5 (k)0.5 (i)0.5 (n)0.5 (g)10.2 ( )0.5 (S)0.5 (y)0.5 (s)0.5 (t)0.5 (e)0.5 (m)10.2 ( )0.5 (o)0.5 (n)10.2 ( )0.5 (S)0.5 (a)0.5 (f)0.5 (e)0.5 (t)0.5 (y)10.2 ( )0.5 (M)0.5 (o)0.5 (n)0.5 (i)0.5 (t)0.5 (o)0.5 (r)0.6 (i)0.5 (n)0.5 (g)10.2 (,)10.2 ( )0.5 (w)0.5 (h)0.5 (i)0.5 (c)0.5 (h)10.2 ( )]TJ 0.069 Tc 0.078 Tw T* [(covers)13.7 ( over)13.8 ( 6)13.8 (0)13.7 ( new)13.8 ( safety)13.8 ( provisions)13.7 ( and)13.8 ( provides)13.7 ( system)13.8 ( guarantee)13.8 ( for)41.2 ( )]TJ 0.047 Tc T* [(safety)13.5 ( monitoring)13.6 (.)13.5 ( It)13.5 ( promoted)13.5 ( the)13.5 ( risk)13.5 ( prevention)13.6 ( system)13.6 ( across)13.5 ( the)13.5 ( Group)13.5 (,)19.2 ( )]TJ 0.028 Tc 0.034 Tw T* (amended professional measures, sorted risk points in operations and prep\ared )Tj 0.045 Tc 0.078 Tw T* [(the)13.8 ( corresponding)13.8 ( prevention)13.7 ( measures)13.8 ( on)13.8 ( safety)13.8 ( to)13.8 ( enhance)13.7 ( the)13.8 ( guarantee)17.2 ( )]TJ 0.08 Tc T* [(on)13.8 ( operation)13.9 ( safety)13.9 (.)13.8 ( The)13.9 ( Group)13.9 ( organised)13.9 ( trainings)13.9 ( on)13.9 ( safety)13.9 ( skills)13.9 ( and)52.2 ( )]TJ 0.028 Tc 0.052 Tw T* (examinations on safety knowledge and mounted the event themed \223castig\ating )Tj 0.018 Tw T* (those violating regulations, preventing occurrence of accidents\224 on t\he warning )Tj 0.073 Tc 0.077 Tw T* [(d)0.5 (a)0.5 (y)14.4 ( t)0.5 (o)14.4 ( e)0.5 (s)0.5 (t)0.5 (a)0.5 (b)0.6 (l)0.5 (i)0.5 (s)0.5 (h)14.5 ( t)0.5 (h)0.5 (e)14.5 ( g)0.5 (u)0.6 (a)0.5 (r)0.5 (a)0.5 (n)0.5 (t)0.5 (e)0.5 (e)14.4 ( o)0.5 (n)14.4 ( s)0.5 (a)0.5 (f)0.5 (e)0.6 (t)0.5 (y)14.4 ( c)0.6 (u)0.5 (l)0.5 (t)0.5 (u)0.5 (r)0.5 (e)14.5 ( a)0.5 (n)0.5 (d)14.5 ( e)0.5 (n)0.6 (h)0.5 (a)0.5 (n)0.5 (c)0.5 (e)14.4 ( t)0.5 (h)0.5 (e)14.4 ( s)0.5 (a)0.5 (f)0.5 (e)0.5 (t)0.5 (y)45.2 ( )]TJ 0.052 Tc T* [(a)0.5 (wa)0.5 (r)0.5 (en)0.5 (es)0.5 (s)14.4 ( a)0.5 (nd)14.4 ( s)0.5 (ki)0.5 (l)0.5 (l)0.5 (s)14.3 ( o)0.5 (f)14.3 ( al)0.5 (l)14.4 ( e)0.5 (mp)0.5 (l)0.5 (oy)0.5 (e)0.5 (es)14.4 (.)14.3 ( It)14.4 ( e)0.5 (nh)0.5 (a)0.5 (nc)0.5 (ed)14.4 ( e)0.5 (ff)0.5 (o)0.5 (rt)0.5 (s)14.4 ( i)0.5 (n)14.3 ( s)0.5 (af)0.5 (e)0.5 (ty)14.4 ( c)0.5 (he)0.5 (c)0.5 (ks)24.2 ( )]TJ 0.066 Tc 0.078 Tw T* [(and)14.1 ( modification)14 (,)14 ( reinforced)14 ( safety)14 ( monitoring)14.1 ( and)14 ( inspections)14 (,)14 ( identified)38.2 ( )]TJ 0.054 Tc 0.077 Tw T* [(s)0.5 (a)0.5 (f)0.5 (e)0.5 (ty)14.5 ( h)0.5 (a)0.5 (za)0.5 (r)0.5 (d)0.5 (s)14.4 ( i)0.5 (n)14.4 ( a)0.5 (n)14.4 ( a)0.5 (l)0.5 (l)14.4 (-)14.4 (r)0.6 (ou)0.5 (n)0.5 (d)14.4 ( w)0.5 (a)0.5 (y)14.3 (,)14.4 ( d)0.5 (e)0.5 (s)0.5 (i)0.5 (g)0.5 (na)0.5 (t)0.5 (e)0.5 (d)14.4 ( r)0.5 (es)0.5 (p)0.5 (o)0.5 (n)0.5 (s)0.5 (i)0.5 (b)0.5 (l)0.5 (e)14.4 ( p)0.5 (e)0.5 (r)0.5 (s)0.5 (o)0.5 (n)0.5 (s)14.4 ( o)0.5 (n)14.4 ( t)0.5 (h)0.5 (e)26.1 ( )]TJ 0.065 Tc 0.078 Tw T* [(implementation)13.8 ( of)13.9 ( modification)13.8 (,)13.8 ( monitored)13.8 ( the)13.8 ( closed)13.8 ( loop)13.9 ( for)13.8 ( addressing)37.2 ( )]TJ 0.063 Tc T* [(issues)13.9 ( and)13.8 ( solved)13.8 ( deep)13.8 (-)13.8 (rooted)13.8 ( problems)13.8 ( affecting)13.8 ( safety)13.8 (.)13.9 ( In)13.8 ( addition)13.8 (,)13.9 ( the)35.2 ( )]TJ 0.031 Tc 0.089 Tw 0 -1.524 TD [(Group)3.2 ( )0.5 (launched)3.3 ( equipment)3.2 ( )0.5 (management)3.2 ( )0.5 (and)3.3 ( organised)3.2 ( )0.5 (relevant)3.2 ( departments)3.2 ( )]TJ 0.057 Tc 0.078 Tw 0 -1.524 TD [(to)14.2 ( )0.5 (discuss)14.3 ( and)14.3 ( study)14.2 ( )0.5 (to)14.2 ( form)14.2 ( )0.5 (unified)14.2 ( )0.5 (thoughts)14.2 ( )0.5 (and)14.2 ( )0.5 (seek)14.2 ( )0.5 (the)14.2 ( )0.5 (best)14.2 ( )0.5 (solutions)14.2 (.)29.3 ( )]TJ 0.064 Tc T* [(It)13.5 ( also)13.5 ( rolled)13.5 ( out)13.5 ( various)13.5 ( technical)13.5 ( transformation)13.5 ( programs)13.5 ( while)13.5 ( actively)36.2 ( )]TJ 0.067 Tc T* [(coordinating)13.7 ( with)13.7 ( equipment)13.7 ( manufacturers)13.7 ( in)13.7 ( equipment)13.7 ( management)13.7 ( to)39.2 ( )]TJ 0.039 Tc 0.081 Tw T* [(improve)11.2 ( operation)11.2 ( )0.5 (efficiency)11.2 ( )0.5 (of)11.2 ( )0.5 (the)11.2 ( )0.5 (equipment)11.2 (.)11.2 ( Following)11.2 ( )0.5 (the)11.2 ( )0.5 (business)11.2 (-)11.2 (driven)11.2 ( )]TJ 0.038 Tc 0.082 Tw T* [(principle)10.2 ( and)10.2 ( )0.5 (with)10.2 ( the)10.2 ( )0.5 (targets)10.2 ( )0.5 (of)10.2 ( )0.5 (improving)10.2 ( )0.5 (the)10.2 ( working)10.2 ( efficiency)10.2 ( )0.5 (and)10.2 ( )0.5 (quality)10.2 ( )]TJ 0.028 Tc 0.056 Tw T* (of wind farms and achieving safety management, the Group steadily facili\tated )Tj 0.089 Tw T* (the trial construction of intelligent wind farms and preliminarily reali\zed overall )Tj 0.046 Tw T* (supervision on the processes of operation, maintenance and repair, equip\ment )Tj 0 Tw T* (and safety and enhanced the working efficiency and quality of wind farms\.)Tj ET endstreamendobj2204 0 obj<>endobj2201 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT 1 0.36 0.14 0 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 41.1416 33.8036 Tm (30)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT 0 0 0 1 k /GS1 gs /T1_1 1 Tf 0.07 Tw 10.5 0 0 10.5 99.2126 672.7551 Tm (After three rounds of opinion canvassing on the Circular on Implementing\ the Quota )Tj 0.091 Tc 0.078 Tw 0 -1.524 TD [(System)14.1 ( for)14.1 ( Renewable)14 ( Energy)14.1 ( Power)14.1 ( \()]TJ /C0_0 1 Tf 0.077 Tc -0.077 Tw 20.214 0 Td [<0090>64.1 <15EB05F50FBC04110319038E035B09900E550F65026209E31558055306590BB7065D>64.1 <0091>]TJ /T1_1 1 Tf 0.028 Tc -0.028 Tw 19.948 0 Td (\) )Tj 0.043 Tc 0.078 Tw -40.162 -1.524 Td [(conducted)14.2 ( )0.6 (by)14.2 ( )0.6 (the)14.3 ( )0.5 (NEA)14.2 ( )0.6 (in)14.2 ( )0.6 (March)14.2 (,)14.3 ( )0.5 (September)14.3 ( )0.6 (and)14.3 ( )0.5 (November)14.3 ( )0.5 (2)14.3 (0)14.3 (1)14.2 (8)14.3 (,)14.3 ( )0.5 (such)14.3 ( )0.5 (document)15.2 ( )]TJ 0.055 Tc T* [(specifies)14 ( the)13.9 ( implementing)13.9 ( procedure)13.9 ( of)13.9 ( the)14 ( quota)13.9 ( system)14 ( on)14 ( renewable)14 ( energy)27.2 ( )]TJ 0.046 Tc 0.077 Tw T* [(p)0.5 (o)0.6 (w)0.6 (e)0.5 (r)14.4 ( a)0.6 (n)0.5 (d)14.5 ( t)0.6 (h)0.5 (e)14.5 ( m)0.5 (e)0.6 (t)0.5 (h)0.5 (o)0.6 (d)0.5 (s)14.5 ( f)0.5 (o)0.5 (r)14.5 ( d)0.5 (e)0.6 (t)0.5 (e)0.6 (r)0.5 (m)0.5 (i)0.6 (n)0.5 (i)0.6 (n)0.5 (g)14.5 ( t)0.5 (h)0.6 (e)14.4 ( q)0.5 (u)0.6 (o)0.5 (t)0.6 (a)14.4 ( i)0.5 (n)0.6 (d)0.5 (i)0.6 (c)0.5 (a)0.6 (t)0.5 (o)0.6 (r)0.5 (s)14.4 ( o)0.6 (f)14.4 ( r)0.6 (e)0.5 (n)0.5 (e)0.6 (w)0.5 (a)0.6 (b)0.5 (l)0.6 (e)14.4 ( e)0.6 (n)0.5 (e)0.5 (r)0.6 (g)0.5 (y)18.2 ( )]TJ 0.052 Tc 0.078 Tw T* [(power)13.5 ( and)13.5 ( verifying)13.5 ( the)13.5 ( fulfillment)13.5 ( of)13.5 ( the)13.5 ( quota)13.5 (.)13.5 ( Meanwhile)13.5 (,)13.5 ( it)13.5 ( also)13.5 ( published)13.5 ( the)24.3 ( )]TJ 0.034 Tc 0.086 Tw T* [(quota)6.2 ( )0.5 (indicators)6.2 ( of)6.2 ( )0.5 (total)6.3 ( renewable)6.2 ( )0.5 (energy)6.2 ( power)6.2 ( and)6.2 ( the)6.2 ( renewable)6.2 ( energy)6.2 ( )0.5 (power)6.2 ( )]TJ 0.066 Tc 0.078 Tw T* [(other)14.2 ( than)14.1 ( hydropower)14.2 ( for)14.2 ( each)14.1 ( province)14.1 ( \()14.2 (autonomous)14.2 ( region)14.2 ( and)14.2 ( municipality)38.2 ( )]TJ 0.056 Tc T* [(directly)14.1 ( under)14.2 ( the)14.1 ( )0.5 (Central)14.1 ( )0.5 (Government)14.1 (\))14.2 (,)14.1 ( )0.5 (respectively)14.2 (,)14.1 ( which)14.1 ( comprise)14.1 ( )0.5 (restrictive)28.2 ( )]TJ 0.028 Tc 0.07 Tw T* (indicators and incentive indicators. In addition to further promoting th\e consumption )Tj 0.031 Tc 0.089 Tw T* [(o)0.5 (f)3.2 ( )0.5 (r)0.5 (e)0.6 (n)0.5 (e)0.5 (w)0.6 (a)0.5 (b)0.5 (l)0.5 (e)3.2 ( )0.5 (e)0.5 (n)0.6 (e)0.5 (r)0.5 (g)0.6 (y)3.2 ( a)0.6 (n)0.5 (d)3.2 ( )0.5 (r)0.5 (e)0.5 (l)0.6 (i)0.5 (e)0.5 (v)0.6 (i)0.5 (n)0.5 (g)3.2 ( )0.5 (g)0.5 (r)0.6 (i)0.5 (d)3.2 ( )0.5 (c)0.5 (u)0.6 (r)0.5 (t)0.5 (a)0.5 (i)0.6 (l)0.5 (m)0.5 (e)0.6 (n)0.5 (t)3.2 ( )0.5 (t)0.5 (e)0.5 (n)0.6 (s)0.5 (i)0.5 (o)0.5 (n)3.2 ( )0.5 (b)0.6 (y)3.2 ( v)0.6 (i)0.5 (r)0.5 (t)0.5 (u)0.6 (e)3.2 ( )0.5 (o)0.5 (f)3.2 ( )0.5 (p)0.5 (o)0.5 (l)0.5 (i)0.6 (c)0.5 (i)0.5 (e)0.6 (s)3.2 (,)3.2 ( )0.5 (t)0.5 (h)0.5 (e)3.2 ( )]TJ 0.038 Tc 0.082 Tw T* [(implementation)10.2 ( of)10.2 ( )0.5 (the)10.2 ( )0.5 (quota)10.1 ( )0.5 (system)10.2 ( will)10.2 ( also)10.2 ( provide)10.2 ( )0.5 (a)10.1 ( )0.5 (consumption)10.2 ( )0.5 (mechanism)10.2 ( )0.5 (in)10.2 ( )]TJ 0.028 Tc 0.091 Tw T* [(favor )0.5 (of )0.6 (the )0.5 (development )0.5 (of )0.6 (renewable )0.6 (energy )0.5 (and )0.5 (thus )0.6 (lay )0.5 (a )0.5 (systematic )0.5 (foundation )]TJ 0 Tw T* (for further advancing the energy production and consumption revolution i\n China.)Tj 1 0.36 0.14 0.3 k /GS0 gs /T1_2 1 Tf 14 0 0 14 70.8661 429.7551 Tm [(II. )-801.4 (BUSINESS REVIEW)]TJ 0 0 0 0.8 k 0.066 Tc 0.078 Tw 11.5 0 0 11.5 99.2126 395.7551 Tm [(1)38.2 (.)38.2 ( )-1153.3 (Promoted)13.8 ( production)13.8 ( safety)13.8 ( soundly)13.9 ( and)13.8 ( increased)13.8 ( wind)13.9 ( power)38.2 ( )]TJ 0.028 Tc 0 Tw 2.465 -1.565 Td (generation steadily)Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 0.082 Tc 0.078 Tw 10.5 0 0 10.5 127.5591 345.7551 Tm [(In)14.1 ( 2)14.1 (0)14.1 (1)14.1 (8)14.1 (,)14.1 ( the)14.1 ( Group)14.2 ( followed)14.1 ( the)14.1 ( fundamental)14.1 ( principle)14.1 ( of)14.1 ( improving)14.1 ( the)54.2 ( )]TJ 0.043 Tc 0.077 Tw T* [(p)0.5 (r)0.5 (o)0.5 (d)0.5 (uc)0.5 (t)0.5 (i)0.5 (o)0.5 (n)14.4 ( a)0.5 (n)0.5 (d)14.4 ( m)0.5 (a)0.5 (n)0.5 (a)0.5 (g)0.5 (e)0.5 (m)0.5 (en)0.5 (t)14.4 ( s)0.5 (y)0.5 (s)0.5 (t)0.5 (e)0.5 (m)14.4 ( a)0.5 (n)0.5 (d)14.4 ( c)0.5 (a)0.5 (r)0.5 (r)0.5 (i)0.5 (ed)14.4 ( o)0.5 (ut)14.4 ( s)0.5 (uc)0.5 (h)14.4 ( ta)0.5 (s)0.5 (k)0.5 (s)14.4 ( a)0.5 (s)14.4 ( r)0.5 (e)0.5 (s)0.5 (e)0.5 (a)0.5 (rc)0.5 (h)15.2 ( )]TJ 0.038 Tc 0.082 Tw T* [(on)10.2 ( institutional)10.2 ( )0.5 (systems)10.2 (,)10.2 ( )0.5 (implementation)10.2 ( )0.5 (of)10.2 ( )0.5 (safety)10.1 ( )0.5 (measures)10.2 (,)10.2 ( )0.5 (establishment)10.2 ( of)10.2 ( )]TJ 0.039 Tc 0.081 Tw T* [(safe)11.2 ( and)11.2 ( )0.5 (civilized)11.2 ( )0.5 (production)11.2 ( )0.5 (standards)11.2 (,)11.2 ( professional)11.2 ( )0.5 (training)11.2 ( and)11.2 ( )0.5 (equipment)11.2 ( )]TJ 0.028 Tc 0.003 Tw T* (management to accomplish the closed-loop management process and the work\ )Tj 0.043 Tc 0.078 Tw T* [(effectiveness)14.3 ( and)14.2 ( )0.5 (advance)14.2 ( )0.5 (various)14.2 ( )0.5 (tasks)14.3 ( )0.5 (in)14.2 ( )0.5 (relation)14.3 ( to)14.2 ( )0.5 (production)14.2 ( )0.5 (safety)14.2 ( )0.5 (in)14.2 ( 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The wind power industry will see a new rou\nd of tariffs )Tj 0 Tw T* (reduction and the market competition will be intensified.)Tj ET endstreamendobj2223 0 obj<>endobj2220 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT 1 0.36 0.14 0 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 41.1416 33.8036 Tm (28)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT 0 0 0 1 k /GS1 gs /T1_1 1 Tf 0.045 Tc 0.078 Tw 10.5 0 0 10.5 99.2126 672.7551 Tm [(development)14.2 ( pace)14.2 (;)14.2 ( speeding)14.2 ( )0.5 (up)14.2 ( )0.5 (the)14.2 ( market)14.2 (-)14.2 (oriented)14.2 ( )0.5 (reform)14.3 ( of)14.2 ( )0.5 (the)14.2 ( )0.5 (power)14.2 ( )0.5 (industry)17.3 ( )]TJ 0.049 Tc 0.077 Tw 0 -1.524 TD [(and)14.4 ( dis)0.5 (play)0.5 (ing)14.4 ( t)0.5 (he)14.3 ( adj)0.5 (ustm)0.5 (ent)14.3 ( fu)0.5 (ncti)0.5 (on)14.3 ( of)14.3 ( t)0.5 (he)14.3 ( mar)0.5 (ket)14.3 (;)14.4 ( e)0.5 (nhan)0.5 (cing)14.4 ( t)0.5 (he)14.3 ( gui)0.5 (dan)0.5 (ce)14.3 ( of)21.2 ( )]TJ 0.028 Tc 0.091 Tw T* (macro policies to establish systems and mechanisms to the benefit of cle\an energy )Tj 0.003 Tw T* (consumption; deeply exploring the potential in peak-shaving from the pow\er side and )Tj 0.034 Tc 0.086 Tw T* [(fully)6.2 ( )0.5 (improving)6.2 ( )0.5 (the)6.2 ( adjustment)6.2 ( capacity)6.2 ( of)6.2 ( )0.5 (the)6.2 ( power)6.2 ( )0.5 (system)6.2 (;)6.2 ( )0.5 (improving)6.3 ( power)6.2 ( )0.5 (grid)6.2 ( )]TJ 0.043 Tc 0.078 Tw T* [(infrastructure)14.2 ( )0.5 (and)14.2 ( )0.5 (giving)14.2 ( )0.5 (full)14.2 ( )0.5 (display)14.2 ( )0.5 (to)14.2 ( )0.5 (the)14.2 ( )0.5 (power)14.3 ( grid)14.2 ( )0.5 (as)14.2 ( )0.5 (a)14.2 ( )0.5 (platform)14.2 ( )0.5 (for)14.3 ( resources)15.2 ( )]TJ 0.047 Tc T* [(allocation)13.7 (;)13.6 ( promoting)13.7 ( the)13.6 ( interaction)13.6 ( of)13.6 ( generation)13.6 (,)13.7 ( grid)13.7 (,)13.6 ( load)13.6 ( and)13.7 ( energy)13.7 ( storage)19.2 ( )]TJ 0.028 Tc 0.081 Tw T* (and actively advancing the reform of the power consumption; and implemen\ting the )Tj 0 Tw T* (accountability system to enhance consumption appraisal and regulation st\andards.)Tj 0.059 Tc 0.078 Tw 0 -3.048 TD [(The)13.5 ( NEA)13.6 (,)13.4 ( the)13.5 ( leading)13.4 ( energy)13.5 ( authority)13.5 (,)13.5 ( also)13.5 ( introduced)13.5 ( a)13.5 ( series)13.5 ( of)13.5 ( measures)13.5 ( to)31.2 ( )]TJ 0.05 Tc 0 -1.524 TD [(promote)14 ( the)14 ( rapid)13.9 ( and)13.9 ( healthy)13.9 ( development)14 ( of)13.9 ( the)13.9 ( renewable)14 ( energy)14 ( industry)14 (.)13.9 ( In)22.2 ( )]TJ 0.056 Tc T* [(March)13.8 ( 2)13.9 (0)13.8 (1)13.8 (8)13.8 (,)13.8 ( the)13.8 ( NEA)13.8 ( issued)13.8 ( the)13.8 ( Notice)13.8 ( on)13.8 ( Guiding)13.8 ( Opinions)13.8 ( on)13.8 ( Energy)13.8 ( Work)13.8 ( in)28.2 ( )]TJ 0.028 Tc 0.092 Tw T* (2018 \()Tj /C0_0 1 Tf -0.028 Tw 2.708 0 Td [<0090>64.2 <15EB05F503990CEF>]TJ /T1_1 1 Tf (2018)Tj /C0_0 1 Tf [<03CB09900E550288042A073812AC0E08050806590BB7065D>64.2 <0091>]TJ /T1_1 1 Tf 0.031 Tc 0.089 Tw 20.322 0 Td [(\))3.2 (,)3.2 ( )0.5 (setting)3.2 ( )0.5 (out)3.1 ( )0.5 (the)3.2 ( )0.5 (overall)3.2 ( )0.5 (plan)3.2 ( )0.5 (on)3.2 ( )0.5 (the)3.2 ( )]TJ 0.046 Tc 0.077 Tw -23.03 -1.524 Td [(d)0.5 (e)0.6 (v)0.5 (e)0.5 (l)0.6 (o)0.5 (p)0.5 (m)0.5 (e)0.6 (n)0.5 (t)14.4 ( o)0.5 (f)14.5 ( r)0.5 (e)0.5 (n)0.5 (e)0.6 (w)0.5 (a)0.5 (b)0.6 (l)0.5 (e)14.4 ( e)0.6 (n)0.5 (e)0.5 (r)0.5 (g)0.6 (y)14.4 ( f)0.5 (o)0.5 (r)14.5 ( t)0.5 (h)0.5 (e)14.4 ( y)0.6 (e)0.5 (a)0.5 (r)14.4 ( a)0.5 (n)0.6 (d)14.4 ( p)0.5 (r)0.6 (o)0.5 (p)0.5 (o)0.6 (s)0.5 (i)0.5 (n)0.6 (g)14.4 ( t)0.5 (o)14.4 ( s)0.5 (t)0.5 (e)0.6 (a)0.5 (d)0.5 (i)0.6 (l)0.5 (y)14.5 ( p)0.6 (r)0.5 (o)0.5 (m)0.6 (o)0.5 (t)0.5 (e)18.2 ( )]TJ 0.066 Tc T* [(t)0.5 (h)0.5 (e)14.4 ( d)0.5 (e)0.5 (v)0.5 (el)0.5 (o)0.5 (p)0.5 (m)0.5 (e)0.5 (n)0.5 (t)14.4 ( o)0.5 (f)14.4 ( w)0.5 (i)0.5 (n)0.5 (d)14.4 ( p)0.5 (o)0.5 (w)0.5 (e)0.5 (r)14.4 ( a)0.5 (n)0.5 (d)14.4 ( s)0.5 (o)0.5 (l)0.5 (a)0.5 (r)14.4 ( e)0.5 (n)0.5 (er)0.6 (gy)14.4 ( g)0.5 (e)0.5 (ne)0.5 (r)0.5 (a)0.5 (t)0.5 (i)0.5 (o)0.5 (n)14.3 (.)14.4 ( A)0.5 (cc)0.5 (o)0.5 (r)0.5 (d)0.5 (i)0.5 (n)0.5 (g)14.4 ( t)0.5 (o)14.4 ( t)0.5 (h)0.5 (e)38.2 ( )]TJ 0.051 Tc 0.078 Tw T* [(Notice)14.2 (,)14.1 ( )0.5 (enhancement)14.1 ( )0.5 (of)14.2 ( investment)14.2 ( monitoring)14.2 ( and)14.2 ( )0.5 (alarming)14.2 ( mechanism)14.2 ( on)14.1 ( )0.5 (wind)23.2 ( )]TJ 0.028 Tc 0.038 Tw 0 -1.524 TD (power and photovoltaic power projects is required in order to control th\e size of new )Tj 0.01 Tw 0 -1.524 TD (construction in the regions with severe wind and solar power curtailment\ and achieve )Tj 0.051 Tc 0.078 Tw T* [(declines)13.5 ( in)13.6 ( the)13.5 ( amount)13.6 ( and)13.6 ( rate)13.6 ( of)13.6 ( wind)13.6 ( and)13.5 ( photovoltaic)13.5 ( power)13.6 ( curtailment)13.5 (;)13.6 ( key)23.2 ( )]TJ 0.028 Tc 0.02 Tw T* (wind power bases shall be constructed in an orderly way to boost the con\struction of )Tj 0.016 Tw T* (distributed wind power, low-speed wind power and offshore wind power pro\jects; the )Tj 0.037 Tc 0.083 Tw T* [(establishment)9.2 ( )0.5 (of)9.2 ( )0.5 (grid)9.2 ( parity)9.2 ( )0.5 (wind)9.2 ( )0.5 (power)9.2 ( )0.5 (demonstration)9.2 ( )0.5 (projects)9.3 ( shall)9.2 ( )0.5 (be)9.1 ( )0.5 (vigorously)9.2 ( )]TJ 0.028 Tc 0.037 Tw T* (promoted and the roadmap in relation thereto be prepared; and constructi\on of wind )Tj 0.046 Tc 0.078 Tw T* [(power)13.6 ( projects)13.6 ( shall)13.6 ( be)13.6 ( carried)13.6 ( forward)13.5 ( progressively)13.5 ( with)13.6 ( the)13.5 ( plan)13.5 ( to)13.6 ( commence)18.2 ( )]TJ 0.062 Tc 0.077 Tw T* [(c)0.5 (on)0.5 (st)0.5 (r)0.5 (uc)0.5 (t)0.5 (io)0.5 (n)14.3 ( of)14.4 ( w)0.5 (in)0.5 (d)14.4 ( po)0.5 (w)0.5 (er)14.4 ( p)0.5 (r)0.5 (oj)0.5 (e)0.5 (ct)0.5 (s)14.3 ( in)14.4 ( a)0.5 (n)14.3 ( a)0.5 (g)0.5 (gr)0.5 (e)0.5 (ga)0.5 (te)14.4 ( c)0.5 (a)0.5 (pa)0.5 (ci)0.5 (t)0.5 (y)14.3 ( o)0.5 (f)14.4 ( ap)0.5 (p)0.5 (ro)0.5 (x)0.5 (im)0.5 (a)0.5 (te)0.5 (l)0.5 (y)34.2 ( )]TJ 0.047 Tc 0.078 Tw T* [(2)14.2 (5)14.2 (,)14.2 (0)14.2 (0)14.2 (0)14.1 ( )0.5 (MW)14.2 (,)14.2 ( representing)14.2 ( newly)14.2 (-)14.2 (added)14.2 ( )0.5 (installed)14.2 ( )0.5 (capacity)14.2 ( )0.5 (of)14.1 ( )0.5 (approximately)14.2 ( 2)14.2 (0)14.2 (,)14.2 (0)14.2 (0)14.2 (0)19.2 ( )]TJ 0.058 Tc T* [(MW)13.5 ( in)13.5 ( the)13.5 ( year)13.5 (.)13.5 ( Efforts)13.5 ( would)13.5 ( be)13.5 ( made)13.5 ( to)13.5 ( promote)13.5 ( the)13.5 ( preliminary)13.5 ( work)13.5 ( of)13.5 ( wind)30.2 ( )]TJ 0.041 Tc 0.079 Tw T* [(power)13.2 ( )0.5 (projects)13.2 ( )0.5 (with)13.2 ( an)13.2 ( )0.5 (aggregate)13.2 ( )0.5 (capacity)13.2 ( )0.5 (of)13.2 ( )0.5 (approximately)13.2 ( )0.5 (2)13.2 (0)13.2 (,)13.2 (0)13.2 (0)13.2 (0)13.2 ( )0.5 (MW)13.2 ( in)13.2 ( certain)13.2 ( )]TJ 0.034 Tc 0.086 Tw T* [(areas)6.2 (.)6.2 ( )0.5 (It)6.2 ( requires)6.2 ( )0.5 (to)6.2 ( actively)6.2 ( )0.5 (and)6.2 ( steadily)6.2 ( )0.5 (push)6.2 ( forward)6.2 ( )0.5 (the)6.2 ( construction)6.2 ( )0.5 (of)6.2 ( offshore)6.1 ( )]TJ 0.033 Tc 0.087 Tw T* [(wind)5.2 ( )0.5 (power)5.2 ( )0.5 (projects)5.2 (,)5.2 ( explore)5.2 ( )0.5 (and)5.2 ( )0.5 (advance)5.2 ( )0.5 (the)5.2 ( construction)5.2 ( )0.5 (of)5.2 ( )0.5 (offshore)5.2 ( )0.5 (wind)5.2 ( )0.5 (power)5.2 ( )]TJ 0.028 Tc 0.056 Tw T* (demonstration projects in deep waters in Shanghai and speed up in pressi\ng ahead )Tj 0 Tw 0 -1.524 TD (the development of distributed wind power projects.)Tj ET endstreamendobj2221 0 obj<>endobj2218 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT 1 0.36 0.14 0 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 540.4565 33.8036 Tm (27)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT 0 0 0 0.8 k /T1_1 1 Tf 0 Tw 11.5 0 0 11.5 99.2126 672.0581 Tm (Policy factors)Tj 0 0 0 1 k /GS1 gs /T1_2 1 Tf 0.024 Tw 10.5 0 0 10.5 99.2126 640.0581 Tm (In 2018, China issued various policies and specified the target in the d\evelopment of )Tj 0.032 Tw 0 -1.524 TD (the clean energy industry in China. In June 2018, the State Council prom\ulgated and )Tj 0.036 Tw T* (distributed the Opinion on Enhancing Protection of the Ecological Enviro\nment on All )Tj 0.035 Tw T* [(Fronts )0.5 (and )0.5 (Fighting )0.5 (the )0.5 (Battle )0.5 (of )0.5 (Pollution )0.5 (Control )0.5 (with )0.5 (Resolution )0.5 (\()]TJ /C0_0 1 Tf -0.028 Tw 31.337 0 Td [<0090>64.2 <15EB05F5038C0826030B0A76035B0FD2>]TJ -31.337 -1.524 Td [<14110FA406AD16900A3A04D4034203BB03EE07510523063704B80A3A12B706590FBC07440E080508>64.2 <0091>]TJ /T1_2 1 Tf 0.026 Tw 21.134 0 Td (\), proposing to increase the use of clean )Tj 0.016 Tw -21.134 -1.524 Td (energy, expand the channels for the consumption of clean energy and impl\ement the )Tj 0.035 Tc 0.085 Tw T* [(policies)7.2 ( )0.5 (on)7.2 ( )0.5 (fully)7.2 ( )0.5 (protected)7.2 ( purchase)7.2 ( )0.5 (of)7.2 ( )0.5 (power)7.2 ( )0.5 (generated)7.3 ( with)7.2 ( )0.5 (renewable)7.2 ( )0.5 (energy)7.2 (.)7.2 ( )0.5 (In)7.2 ( )]TJ 0.028 Tc 0.047 Tw T* (July 2018, the State Council issued the Three-year Action Plan on Winnin\g the Battle )Tj 0.035 Tw T* (for Blue Sky Protection \()Tj /C0_0 1 Tf -0.028 Tw 11.175 0 Td [<0090>64.2 <0342164A151D02C206AD120A12B7026703CB04110A1708070F8C>64.2 <0091>]TJ /T1_2 1 Tf 0.035 Tw 14.903 0 Td (\), specifying that consumption )Tj 0.071 Tw -26.079 -1.524 Td [(of )0.5 (non-fossil )0.5 (energy )0.5 (shall )0.5 (account )0.5 (for )0.5 (15% )0.5 (of the )0.5 (total )0.5 (energy )0.5 (consumption )0.5 (by 2020. )]TJ 0.041 Tc 0.079 Tw T* [(China)13.2 ( )0.5 (will)13.2 ( develop)13.2 ( hydropower)13.2 ( )0.5 (in)13.2 ( an)13.2 ( orderly)13.2 ( way)13.2 ( )0.5 (and)13.2 ( )0.5 (nuclear)13.2 ( power)13.2 ( in)13.2 ( a)13.2 ( )0.5 (safe)13.3 ( and)13.2 ( )]TJ 0.028 Tc 0.031 Tw 0 -1.524 TD [(efficient )0.5 (way, )0.5 (optimise )0.5 (the )0.5 (development )0.5 (layout )0.5 (of )0.5 (wind )0.5 (and )0.5 (solar )0.5 (energy )0.5 (and )0.5 (develop )]TJ 0.042 Tc 0.078 Tw 0 -1.524 TD [(biomass)14.2 ( and)14.2 ( geothermal)14.2 ( )0.5 (energy)14.1 ( )0.5 (based)14.2 ( on)14.2 ( local)14.2 ( conditions)14.2 (.)14.2 ( County)14.2 (-)14.2 (scale)14.2 ( )0.5 (biomass)14.2 ( )]TJ 0.028 Tc 0.062 Tw T* (heat and power cogeneration, biomass briquette-fueled boilers and biogen\ic natural )Tj 0.025 Tc 0 Tw T* [(gas are encouraged in resource eligible areas. It will also promote the \consumption of)-2.8 ( )]TJ 0.028 Tc T* (renewable energy to address hydro, wind and solar power curtailment fund\amentally.)Tj 0.043 Tc 0.078 Tw 0 -3.048 TD [(The)13.9 ( NDRC)13.9 ( further)13.9 ( implemented)13.9 ( the)13.9 ( arrangement)13.9 ( of)13.9 ( the)13.9 ( CPC)14 ( Central)14 ( Committee)13.9 ( to)15.2 ( )]TJ 0.058 Tc 0 -1.524 TD [(establish)14.1 ( a)14 ( long)14.1 (-)14.1 (term)14.1 ( mechanism)14.1 ( on)14.1 ( clean)14.1 ( energy)14.1 ( consumption)14.1 (.)14.1 ( The)14.1 ( NDRC)14.1 ( and)30.2 ( )]TJ 0.041 Tc 0.079 Tw T* [(the)13.2 ( )0.5 (National)13.2 ( Energy)13.2 ( )0.5 (Administration)13.2 ( )0.5 (\()13.2 (\223)13.2 (NEA)13.2 (\224)13.2 (\))13.3 ( jointly)13.2 ( issued)13.2 ( the)13.2 ( Action)13.2 ( Plan)13.2 ( on)13.2 ( Clean)13.2 ( )]TJ 0.028 Tc 0.005 Tw T* (Energy Consumption \(2018\2262020\) \()Tj /C0_0 1 Tf -0.028 Tw <0AF6118E09900E55090A097604110A1708070F8C>Tj /T1_2 1 Tf 0.005 Tw (\) \(2018\2262020\) \(the \223Plan\224\) in )Tj 0.033 Tw T* (October 2018, proposing to fundamentally solve the consumption of clean \energy by )Tj 0.019 Tw T* (2020 and setting out clean energy consumption quota for each province or\ region. In )Tj 0.088 Tw T* (particular, it specifies that the average utilisation rate of wind power\ shall be above )Tj 0.048 Tc 0.078 Tw T* [(8)14 (8)14 (%)14 ( \()14 (striving)14 ( for)14 ( above)14 ( 9)14 (0)14 (%)14 (\))14 ( and)14.1 ( the)14 ( wind)14 ( power)14 ( curtailment)14 ( rate)14 ( shall)14 ( be)14 ( below)20.2 ( )]TJ 0.028 Tc 0.008 Tw T* [(12% )0.5 (\(striving to )0.5 (be )0.5 (controlled )0.5 (within )0.5 (10%\) )0.5 (across )0.5 (the )0.5 (country )0.5 (in )0.5 (2018. )0.5 (In )0.5 (2019, )0.5 (it )0.5 (shall )]TJ 0.005 Tw T* [(guarantee that )0.5 (the average utilisation rate of wind power shall be above 90% \(striving\ )]TJ 0.048 Tc 0.078 Tw T* [(for)14 ( above)14 ( 9)14 (2)14 (%)14 (\))14 ( and)13.9 ( the)14 ( wind)14 ( power)14 ( curtailment)14 ( rate)14 ( shall)14 ( be)14 ( below)14 ( 1)14 (0)14 (%)14 ( \()14 (striving)20.2 ( )]TJ 0.041 Tc 0.079 Tw T* [(to)13.2 ( be)13.2 ( )0.5 (controlled)13.2 ( )0.5 (below)13.2 ( )0.5 (8)13.2 (%)13.2 (\))13.2 ( )0.5 (across)13.2 ( )0.5 (the)13.2 ( )0.5 (country)13.2 (.)13.2 ( )0.5 (In)13.2 ( 2)13.2 (0)13.2 (2)13.2 (0)13.2 (,)13.2 ( )0.5 (it)13.2 ( shall)13.2 ( )0.5 (guarantee)13.2 ( that)13.2 ( )0.5 (the)13.2 ( )]TJ 0.044 Tc 0.078 Tw T* [(average)13.5 ( utilisation)13.5 ( rate)13.5 ( of)13.5 ( wind)13.5 ( power)13.6 ( shall)13.6 ( reach)13.5 ( the)13.6 ( advanced)13.6 ( level)13.6 ( in)13.5 ( the)13.5 ( world)16.2 ( )]TJ 0.028 Tc 0.05 Tw T* (\(striving for above 95%\) and the wind power curtailment rate shall be \controlled at a )Tj 0.051 Tw T* (reasonable level \(striving to be controlled below 5%\) across the count\ry. Meanwhile, )Tj 0.049 Tc 0.078 Tw 0 -1.524 TD [(to)14.1 ( address)14.1 ( the)14.1 ( consumption)14 ( of)14 ( wind)14 ( power)14.1 ( and)14.1 ( other)14 ( clean)14.1 ( energy)14 ( and)14 ( establish)21.2 ( )]TJ 0.052 Tc 0 -1.524 TD [(the)13.5 ( long)13.5 (-)13.6 (term)13.6 ( mechanism)13.5 ( for)13.6 ( the)13.5 ( consumption)13.5 ( of)13.5 ( clean)13.6 ( energy)13.6 (,)13.5 ( the)13.6 ( Plan)13.6 ( sets)13.6 ( out)24.3 ( )]TJ 0.028 Tc 0.087 Tw 0 -1.524 TD (relevant measures on optimising power layout and reasonably controlling \the power )Tj ET endstreamendobj2219 0 obj<>endobj2215 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT 1 0.36 0.14 0 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 41.1416 33.8036 Tm (26)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT 0 0 0 1 k /GS1 gs /T1_1 1 Tf 0.038 Tc 0.082 Tw 10.5 0 0 10.5 70.8661 672.7551 Tm [(\()10.2 (Unless)10.2 ( otherwise)10.1 ( )0.5 (specified)10.2 (,)10.2 ( )0.5 (the)10.2 ( )0.5 (following)10.2 ( )0.5 (information)10.2 ( )0.5 (disclosure)10.2 ( )0.5 (was)10.2 ( based)10.2 ( on)10.2 ( )0.5 (financial)10.2 ( )]TJ 0.028 Tc 0 Tw 0 -1.524 TD (information prepared in accordance with IFRSs\))Tj 1 0.36 0.14 0.3 k /GS0 gs /T1_2 1 Tf 14 0 0 14 70.8661 621.7551 Tm [(I. )-1107.2 (INDUSTRY REVIEW)]TJ 0 0 0 0.8 k 11.5 0 0 11.5 99.2126 587.7551 Tm (Operational Environment)Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 0.046 Tc 0.078 Tw 10.5 0 0 10.5 99.2126 555.7551 Tm [(In)14.2 ( )0.5 (2)14.2 (0)14.2 (1)14.2 (8)14.3 (,)14.2 ( in)14.2 ( consistent)14.2 ( )0.5 (adherence)14.2 ( )0.5 (to)14.2 ( )0.5 (the)14.2 ( )0.5 (overall)14.2 ( )0.5 (keynote)14.2 ( of)14.2 ( seeking)14.2 ( )0.5 (progress)14.2 ( )0.5 (while)18.2 ( )]TJ 0.028 Tc 0.015 Tw T* (maintaining stability in economic development, China implemented new dev\elopment )Tj 0.068 Tc 0.078 Tw T* [(concepts)13.8 ( and)13.7 ( requirements)13.8 ( on)13.7 ( high)13.8 (-)13.7 (quality)13.8 ( development)13.7 (.)13.8 ( With)13.8 ( the)13.7 ( supply)13.7 (-)13.8 (side)40.2 ( )]TJ 0.059 Tc T* [(structural)13.8 ( reform)13.8 ( as)13.9 ( the)13.9 ( central)13.9 ( task)13.8 (,)13.9 ( China)13.8 ( focused)13.9 ( on)13.9 ( the)13.9 ( three)13.8 ( critical)13.9 ( battles)31.2 ( )]TJ 0.03 Tc 0.09 Tw T* [(against)2.2 ( )0.5 (potential)2.2 ( )0.5 (risk)2.2 (,)2.2 ( poverty)2.2 (,)2.2 ( )0.5 (and)2.2 ( )0.5 (pollution)2.2 ( )0.5 (and)2.2 ( )0.5 (sped)2.2 ( up)2.2 ( )0.5 (in)2.2 ( )0.5 (reforming)2.3 ( and)2.2 ( )0.5 (opening)2.2 ( )]TJ 0.042 Tc 0.078 Tw T* [(to)13.9 ( the)13.9 ( outside)13.9 (.)14 ( As)14 ( a)14 ( result)14 (,)14 ( China)13.9 (\222)14 (s)14 ( economy)14 ( made)14 ( progress)13.9 ( amid)13.9 ( overall)14 ( stability)14 (.)14.2 ( )]TJ 0.054 Tc T* [(However)14.1 (,)14.1 ( the)14.1 ( current)14.1 ( economic)14.1 ( operation)14.1 ( faces)14.1 ( uncertainties)14.1 ( despite)14.1 ( the)14.1 ( overall)26.3 ( )]TJ 0.045 Tc 0.077 Tw T* [(s)0.5 (t)0.6 (a)0.5 (b)0.5 (i)0.6 (l)0.5 (i)0.6 (t)0.5 (y)14.5 (.)14.4 ( T)0.5 (h)0.6 (e)14.4 ( s)0.5 (t)0.6 (r)0.5 (u)0.5 (c)0.6 (t)0.5 (u)0.5 (r)0.6 (a)0.5 (l)14.5 ( a)0.5 (d)0.5 (j)0.6 (u)0.5 (s)0.6 (t)0.5 (m)0.5 (e)0.6 (n)0.5 (t)14.4 (,)14.5 ( t)0.5 (r)0.5 (a)0.6 (n)0.5 (s)0.5 (f)0.6 (o)0.5 (r)0.6 (m)0.5 (a)0.5 (t)0.6 (i)0.5 (o)0.6 (n)14.4 ( a)0.5 (n)0.6 (d)14.4 ( u)0.5 (p)0.6 (g)0.5 (r)0.5 (a)0.6 (d)0.5 (i)0.6 (n)0.5 (g)14.4 ( o)0.6 (f)14.4 ( t)0.5 (h)0.6 (e)14.4 ( d)0.6 (o)0.5 (m)0.5 (e)0.6 (s)0.5 (t)0.5 (i)0.6 (c)17.2 ( )]TJ 0.067 Tc 0.078 Tw T* [(economy)13.6 ( are)13.6 ( yet)13.6 ( to)13.6 ( be)13.6 ( achieved)13.6 (;)13.6 ( deep)13.6 (-)13.7 (seated)13.6 ( structural)13.6 ( conflicts)13.6 ( in)13.6 ( economic)39.2 ( )]TJ 0.042 Tc T* [(o)0.5 (per)0.5 (at)0.5 (io)0.5 (n)14.2 ( )0.5 (st)0.5 (il)0.5 (l)14.2 ( )0.5 (ex)0.5 (is)0.5 (t)14.2 (;)14.2 ( )0.5 (and)14.3 ( t)0.5 (he)14.2 ( )0.5 (ex)0.5 (te)0.5 (rn)0.5 (al)14.3 ( e)0.5 (nv)0.5 (ir)0.5 (on)0.5 (me)0.5 (nt)14.2 ( )0.5 (is)14.2 ( )0.5 (u)0.5 (nd)0.5 (er)0.5 (go)0.5 (in)0.5 (g)14.2 ( o)0.5 (bv)0.5 (i)0.5 (ous)14.2 ( )0.5 (c)0.5 (han)0.5 (ge)0.5 (s)14.2 (.)14.2 ( )]TJ 0.082 Tc T* [(When)14.2 ( )0.5 (the)14.3 ( )0.5 (domestic)14.3 ( )0.5 (intrinsic)14.2 ( )0.5 (contradictions)14.2 ( )0.5 (clash)14.2 ( )0.5 (with)14.2 ( )0.6 (external)14.3 ( )0.5 (uncertainties)14.2 (,)54.2 ( )]TJ 0.071 Tc T* [(resonance)13.9 ( effects)14 ( are)14 ( very)14 ( likely)14 ( to)14 ( outbreak)14 (,)14 ( which)14 ( will)14 ( bring)14 ( challenges)14 ( and)43.2 ( )]TJ 0.028 Tc 0 Tw T* (pressures to the sustainable and stable development of China\222s econom\y.)Tj 0.033 Tw 0 -3.048 TD (In 2018, China\222s electricity supply and demand were roughly balanced \on the whole. )Tj 0.036 Tc 0.084 Tw 0 -1.524 TD [(Based)8.2 ( on)8.2 ( the)8.2 ( statistics)8.3 ( of)8.2 ( )0.5 (China)8.2 ( )0.5 (Electricity)8.2 ( )0.5 (Council)8.3 (,)8.2 ( the)8.3 ( power)8.2 ( )0.5 (consumption)8.2 ( )0.5 (across)8.2 ( )]TJ 0.037 Tc 0.083 Tw T* [(t)0.5 (he)9.2 ( )0.5 (cou)0.5 (nt)0.5 (ry)9.2 ( )0.5 (w)0.5 (as)9.2 ( )0.5 (6)9.2 (,)9.2 (8)9.2 (4)9.2 (4)9.2 (.)9.2 (9)9.2 ( )0.5 (bi)0.5 (ll)0.5 (io)0.5 (n)9.2 ( )0.5 (kW)0.5 (h)9.2 (,)9.2 ( r)0.5 (ep)0.5 (re)0.5 (se)0.5 (nt)0.5 (in)0.5 (g)9.2 ( )0.5 (a)9.2 ( y)0.5 (ea)0.5 (r)9.2 (-)9.2 (on)9.2 (-)9.2 (y)0.5 (ea)0.5 (r)9.2 ( i)0.5 (n)0.5 (cr)0.5 (ea)0.5 (se)9.2 ( )0.5 (of)9.2 ( )0.5 (8)9.2 (.)9.2 (5)9.2 (%)9.2 (,)9.2 ( )]TJ 0.063 Tc 0.078 Tw 0 -1.524 TD [(1)13.9 (.)14 (9)13.9 ( percentage)13.9 ( points)13.9 ( higher)14 ( than)13.9 ( that)13.9 ( of)14 ( 2)13.9 (0)14 (1)13.9 (7)13.9 (;)14 ( and)13.9 ( the)13.9 ( total)14 ( power)14 ( generation)35.2 ( )]TJ 0.028 Tc 0.084 Tw 0 -1.524 TD (across the country was 6,994.0 billion kWh, representing a year-on-year \increase of )Tj 0.034 Tc 0.086 Tw T* [(8)6.2 (.)6.2 (4)6.2 (%)6.2 (,)6.2 ( )0.5 (1)6.1 (.)6.2 (8)6.2 ( )0.5 (percentage)6.2 ( )0.5 (points)6.2 ( higher)6.2 ( than)6.2 ( )0.5 (that)6.2 ( )0.5 (of)6.2 ( )0.5 (2)6.2 (0)6.2 (1)6.2 (7)6.2 (.)6.2 ( In)6.2 ( )0.5 (particular)6.2 (,)6.2 ( grid)6.2 (-)6.3 (connected)6.2 ( )]TJ 0.035 Tc 0.085 Tw T* [(wind)7.2 ( )0.5 (power)7.3 ( generation)7.2 ( amounted)7.2 ( to)7.2 ( 3)7.2 (6)7.2 (6)7.2 (.)7.2 (0)7.3 ( billion)7.2 ( )0.5 (kWh)7.2 (,)7.3 ( representing)7.2 ( )0.5 (a)7.2 ( )0.5 (year)7.3 (-)7.2 (on)7.2 (-)7.2 (year)7.2 ( )]TJ 0.05 Tc 0.078 Tw T* [(increase)13.9 ( of)13.9 ( 2)13.9 (0)13.9 (.)13.9 (2)13.9 (%)13.9 (,)13.9 ( and)13.9 ( up)13.9 ( by)13.9 ( 0)13.9 (.)13.9 (5)13.9 ( percentage)13.9 ( point)13.9 ( over)13.9 ( last)13.9 ( year)13.9 ( in)13.9 ( terms)13.9 ( of)13.9 ( the)22.3 ( )]TJ 0.034 Tc 0.086 Tw T* [(p)0.5 (er)0.5 (ce)0.5 (nt)0.5 (ag)0.5 (e)6.2 ( )0.5 (in)6.2 ( )0.5 (na)0.5 (t)0.5 (io)0.5 (nw)0.5 (i)0.5 (de)6.2 ( )0.5 (po)0.5 (w)0.5 (er)6.2 ( )0.5 (ge)0.5 (ne)0.5 (r)0.5 (at)0.5 (io)0.5 (n)6.2 (.)6.2 ( T)0.5 (h)0.5 (e)6.2 ( a)0.5 (ve)0.5 (ra)0.5 (ge)6.2 ( )0.5 (ut)0.5 (i)0.5 (li)0.5 (s)0.5 (at)0.5 (io)0.5 (n)6.2 ( h)0.5 (ou)0.5 (r)0.5 (s)6.2 ( o)0.5 (f)6.2 ( p)0.5 (ow)0.5 (e)0.5 (r)6.2 ( )]TJ 0.043 Tc 0.078 Tw T* [(generation)13.7 ( facilities)13.7 ( across)13.8 ( the)13.7 ( country)13.7 ( in)13.8 ( 2)13.7 (0)13.7 (1)13.7 (8)13.8 ( were)13.7 ( 3)13.7 (,)13.7 (8)13.8 (6)13.7 (2)13.7 ( hours)13.7 (,)13.8 ( representing)13.7 ( an)15.2 ( )]TJ 0.028 Tc 0.081 Tw T* (increase of 73 hours year-on-year, of which wind power utilisation hours\ were 2,095 )Tj 0.04 Tc 0.08 Tw T* [(hou)0.5 (rs)12.2 (,)12.2 ( up)12.2 ( )0.5 (by)12.2 ( )0.5 (1)12.2 (4)12.2 (6)12.2 ( hou)0.5 (rs)12.2 ( y)0.5 (ear)12.2 (-)12.2 (on)12.2 (-)12.2 (ye)0.5 (ar)12.2 (.)12.2 ( T)0.5 (he)12.2 ( po)0.5 (wer)12.2 ( )0.5 (gener)0.5 (ati)0.5 (on)12.2 ( cap)0.5 (aci)0.5 (ty)12.1 ( )0.5 (ne)0.5 (wly)12.2 ( )0.5 (adde)0.5 (d)12.2 ( )]TJ 0.028 Tc 0.018 Tw T* (through infrastructure construction across the country amounted to 124 G\W, of which )Tj 0.081 Tw T* (grid-connected capacity of wind power amounted to 21 GW. As at the end o\f 2018, )Tj 0.058 Tc 0.078 Tw T* [(the)14.1 ( total)14 ( power)14 ( generation)14 ( installed)14.1 ( capacity)14 ( across)14 ( the)14 ( country)14.1 ( was)14 ( 1)14.1 (,)14 (9)14 (0)14 (0)14 ( GW)14 (,)30.2 ( )]TJ 0.037 Tc 0.083 Tw T* [(representing)9.2 ( )0.5 (a)9.2 ( year)9.2 (-)9.2 (on)9.2 (-)9.2 (year)9.2 ( )0.5 (increase)9.2 ( of)9.2 ( )0.5 (6)9.2 (.)9.2 (5)9.2 (%)9.2 (,)9.2 ( )0.5 (of)9.2 ( which)9.2 ( grid)9.2 (-)9.2 (connected)9.2 ( )0.5 (capacity)9.2 ( )0.5 (of)9.2 ( )]TJ 0.028 Tc 0 Tw T* (wind power amounted to 184 GW, accounting for 9.7% of the total installe\d capacity.)Tj ET endstreamendobj2216 0 obj<>endobj2217 0 obj<>/Font<>/ProcSet[/PDF/Text]>>/Subtype/Form>>stream BT 1 0.36 0.14 0.3 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc 0 Tw 0 Ts 100 Tz 0 Tr 20 0 0 20 70.8539 729.9951 Tm (MANAGEMENT DISCUSSION AND ANALYSIS)Tj ET endstreamendobj2224 0 obj<>endobj2211 0 obj<>stream q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT 1 0.36 0.14 0 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 540.4565 33.8036 Tm (25)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q BT 0 0 0 1 k /GS1 gs /T1_1 1 Tf 0.027 Tc 0 Tw 10.5 0 0 10.5 70.8661 672.8911 Tm [(On 9 August, Youyu County was approved to get rid of the label of being \a poverty-stricken)-0.8 ( )]TJ 0.053 Tc 0.078 Tw 0 -1.524 TD [(county)13.6 ( pursuant)13.6 ( to)13.6 ( a)13.6 ( notice)13.6 ( issued)13.6 ( by)13.7 ( Shanxi)13.7 ( Provincial)13.7 ( Government)13.6 (,)13.6 ( which)13.6 ( marked)13.6 ( a)25.2 ( )]TJ 0.028 Tc 0.068 Tw T* (significant periodical triumph of the Company in respect of its targeted\ poverty alleviation )Tj -0.028 Tw T* (work.)Tj 0.047 Tc 0.078 Tw 0 -3.048 TD [(On)13.8 ( 8)13.9 ( September)13.9 (,)13.8 ( the)13.8 ( pile)13.8 (-)13.9 (sinking)13.8 ( operations)13.9 ( at)13.8 ( the)13.8 ( Longyuan)13.9 ( Dafeng)13.9 ( H)13.9 (7)13.9 ( offshore)13.9 ( wind)19.2 ( )]TJ 0.048 Tc 0 -1.524 TD [(power)13.9 ( project)13.9 ( in)13.9 ( Jiangsu)13.9 ( for)13.9 ( the)13.8 ( single)13.8 ( pile)13.9 ( foundation)13.9 (,)13.9 ( which)13.9 ( is)13.9 ( the)13.9 ( longest)13.9 ( one)13.9 ( of)13.9 ( the)20.2 ( )]TJ 0.028 Tc 0.046 Tw T* (Group, were completed. The single pile under construction had a length o\f 86 metres with )Tj 0.067 Tw T* (a diameter of 5.5 metres and a weight of 677.92 tonnes, the construction\ plan of \223jack-up )Tj 0.008 Tw T* (platform \226 piling with double hooks \()Tj /C0_0 1 Tf -0.028 Tw <040602BA03CC033B0328>Tj /T1_1 1 Tf 0 Tc 0 Tw ( )Tj /C0_0 1 Tf 22.702 0 Td <00D1>Tj /T1_1 1 Tf 1.028 0 Td ( )Tj /C0_0 1 Tf 0.028 Tc -0.028 Tw 0.314 0 Td <15500F530FC11515>Tj /T1_1 1 Tf 0.008 Tw (\)\224 was adopted, and \223Longyuan )Tj 0.041 Tc 0.079 Tw -24.044 -1.524 Td [(Z)0.5 (hen)0.5 (hu)0.5 (a)13.2 ( N)0.5 (o)13.2 (.)13.2 ( 3)13.2 (\224)13.2 (,)13.2 ( )0.5 (th)0.5 (e)13.2 ( l)0.5 (ar)0.5 (ge)0.5 (st)13.2 ( )0.5 (sp)0.5 (ec)0.5 (ia)0.5 (li)0.5 (se)0.5 (d)13.2 ( o)0.5 (ffs)0.5 (ho)0.5 (re)13.2 ( )0.5 (wi)0.5 (nd)13.2 ( )0.5 (po)0.5 (we)0.5 (r)13.2 ( c)0.5 (on)0.5 (st)0.5 (ruc)0.5 (ti)0.5 (on)13.2 ( )0.5 (pl)0.5 (at)0.5 (fo)0.5 (rm)13.2 (,)13.2 ( )0.5 (wa)0.5 (s)13.2 ( )]TJ 0.033 Tc 0.087 Tw 0 -1.524 TD [(employed)5.2 ( )0.5 (to)5.2 ( )0.5 (carry)5.2 ( )0.5 (out)5.2 ( the)5.2 ( )0.5 (construction)5.3 ( works)5.2 (.)5.2 ( )0.5 (The)5.2 ( )0.5 (final)5.2 ( )0.5 (perpendicularity)5.2 ( )0.5 (of)5.2 ( )0.5 (the)5.2 ( )0.5 (pile)5.2 ( )0.5 (body)5.2 ( )]TJ 0.028 Tc 0.092 Tw 0 -1.524 TD [(reached )0.5 (0.32)]TJ /T1_0 1 Tf 0 Tc 0 Tw (\211)Tj /T1_1 1 Tf 0.028 Tc 0.092 Tw 7.402 0 Td [(, )0.5 (which )0.5 (was far better )0.5 (than the )0.5 (designed )0.5 (requirement of 3)]TJ /T1_0 1 Tf 0 Tc 0 Tw (\211)Tj /T1_1 1 Tf 0.028 Tc 0.092 Tw 29.098 0 Td [(, )0.5 (was )0.5 (of )0.5 (great )]TJ 0 Tw -36.5 -1.524 Td (significance to the development of China\222s offshore wind power.)Tj 0.034 Tw 0 -3.048 TD (On 14 October, Mr. Xiao Yaqing, the director and deputy secretary to the\ Party Committee )Tj 0.076 Tc 0.078 Tw 0 -1.524 TD [(of)14.2 ( )0.6 (SASAC)14.3 ( )0.5 (of)14.2 ( )0.5 (the)14.3 ( )0.5 (State)14.2 ( )0.6 (Council)14.3 (,)14.3 ( )0.5 (came)14.3 ( )0.5 (to)14.2 ( )0.6 (the)14.3 ( )0.5 (South)14.3 ( )0.5 (African)14.3 ( )0.5 (arm)14.2 ( )0.6 (of)14.3 ( )0.5 (the)14.2 ( )0.6 (Company)14.3 ( )0.5 (for)48.2 ( )]TJ 0.028 Tc 0.015 Tw T* [(investigation and )0.5 (survey. He )0.5 (highly )0.5 (appreciated )0.5 (the )0.5 (achievements )0.5 (of the )0.5 (South )0.5 (African )0.5 (arm )]TJ 0.011 Tw T* (of the Company in respect of operational development, Party building and\ others and gave )Tj 0.078 Tw T* (high praise to the \223Going Global\224 work of the Company, especially \the performance of its )Tj 0 Tw T* (wind power project in the South Africa.)Tj 0.042 Tc 0.078 Tw 0 -3.048 TD [(On)13.7 ( 8)13.7 ( November)13.7 (,)13.8 ( Fujian)13.7 ( Company)13.7 ( completed)13.7 ( the)13.7 ( construction)13.7 ( of)13.7 ( the)13.7 ( No)13.7 (.)13.7 ( A)13.8 (7)13.7 (2)13.7 ( single)13.8 ( pile)14.2 ( )]TJ 0.047 Tc 0 -1.524 TD [(foundation)14.2 ( )0.5 (for)14.2 ( )0.5 (the)14.3 ( Nanri)14.2 ( )0.5 (Island)14.2 ( )0.5 (offshore)14.2 ( )0.5 (wind)14.2 ( )0.5 (power)14.3 ( project)14.2 ( )0.5 (phase)14.2 ( )0.5 (I)14.2 ( in)14.2 ( )0.5 (Putian)14.2 ( )0.5 (after)14.2 ( four)19.2 ( )]TJ 0.028 Tc 0.032 Tw T* (days of work and thus created the record of spending the shortest time i\n the construction )Tj 0.076 Tw T* [(of )0.5 (single )0.5 (pile )0.6 (foundation )0.5 (for )0.6 (batholith )0.5 (seabed )0.6 (offshore )0.5 (wind )0.5 (power )0.5 (project )0.5 (in )0.6 (China, )0.5 (which )]TJ 0 Tw T* (represented a significant stride in the construction of rock-socketed si\ngle piles in China.)Tj ET endstreamendobj2212 0 obj<>endobj2213 0 obj<>/Font<>/ProcSet[/PDF/Text]/XObject<>>>/Subtype/Form>>stream q 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q q 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr /Perceptual ri /GS1 gs 0 TL/Fm1 Do Q q 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr /Perceptual ri /GS2 gs 0 TL/Fm2 Do Q q 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr /Perceptual ri /GS3 gs 0 TL/Fm3 Do Q q 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr /Perceptual ri /GS4 gs 0 TL/Fm4 Do Q q 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr /Perceptual ri /GS4 gs 0 TL/Fm5 Do Q q 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr /Perceptual ri /GS5 gs 0 TL/Fm6 Do Q q 0 Tc 0 Tw 0 Ts 100 Tz 0 Tr /Perceptual ri /GS6 gs 0 TL/Fm7 Do Q BT 0 0 0 1 k /Perceptual ri 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gs 0 Tc 0 Tw -11.39 0 Td (Tianjin)Tj ET 0 0 0 0 k 203.565 445.478 114.924 42.45 re B BT 0 0 0 1 k /GS1 gs 0.028 Tc -0.028 Tw 4.125 0 0 5.5 209.7335 455.8972 Tm (Consolidated)Tj 0.722 Tw T* [(installed )722.2 (capacity: )722.2 ( )722.2 (2.0MW )722.2 (2.0MW)]TJ 0 0 0 0.85 k /GS0 gs 0 Tc 0 Tw 7.5 0 0 7.5 290.9084 466.3595 Tm [(T)111 (otal)]TJ -10.823 0 Td (Beijing)Tj ET 0 0 0 0 k 217.534 264.998 120.027 42.45 re B BT 0 0 0 1 k /GS1 gs 0.028 Tc -0.028 Tw 4.125 0 0 5.5 223.4285 274.2833 Tm (Consolidated)Tj 0.722 Tw T* [(installed )722.2 (capacity: )722.2 ( )722.2 (733.1MW )722.2 ( )722.2 (733.1MW)]TJ ET q 0 0 595.276 807.874 re W n 0.75 0.05 1 0 k /GS0 gs q 1 0 0 1 281.3098 294.8079 cm 0 0 m -1.363 4.582 -1.401 7.46 v -1.136 7.536 l 1.25 0.682 l 1.363 0.393 1.174 0.227 v 1.893 0.492 2.234 0.114 v 2.575 -0.265 2.499 -0.833 y 9.543 -3.408 l 9.505 -3.711 l 5.211 -3.115 1.855 -2.045 v 1.628 -2.348 l 2.272 -14.768 l 1.136 -15.488 0.038 -14.655 v 0.341 -2.499 l 0.341 -2.196 0.113 -2.272 v -0.114 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0 Tc 0 Tw -11.273 0 Td (Guangxi)Tj ET 0 0 0 0 k 358.939 167.799 120.027 42.45 re B BT 0 0 0 1 k /GS1 gs 0.028 Tc -0.028 Tw 4.125 0 0 5.5 364.8336 177.223 Tm (Consolidated)Tj 0.722 Tw T* [(installed )722.2 (capacity: 209.5MW )722.1 ( )722.2 ( )722.3 (209.5MW)]TJ ET q 0 0 595.276 807.874 re W n 0.75 0.05 1 0 k /GS0 gs q 1 0 0 1 416.337 198.3145 cm 0 0 m -1.363 4.582 -1.401 7.46 v -1.136 7.536 l 1.25 0.682 l 1.363 0.393 1.174 0.227 v 1.893 0.492 2.234 0.114 v 2.575 -0.265 2.499 -0.833 y 9.543 -3.408 l 9.505 -3.711 l 5.211 -3.115 1.855 -2.045 v 1.628 -2.348 l 2.272 -14.768 l 1.136 -15.488 0.038 -14.655 v 0.341 -2.499 l 0.341 -2.196 0.113 -2.272 v -0.114 -2.348 -2.689 -4.809 -4.279 -5.453 c -4.393 -5.15 l -0.537 -1.257 l -0.53 -0.757 l h f Q Q BT -0.028 Tw 7.5 0 0 7.5 452.9248 189.3861 Tm (Total)Tj 0 0 0 0.85 k /GS0 gs 0 Tc 0 Tw -11.745 0 Td (Chongqing)Tj ET 0 0 0 0 k 358.939 225.655 120.027 42.45 re B BT 0 0 0 1 k /GS1 gs 0.028 Tc -0.028 Tw 4.125 0 0 5.5 364.8336 235.0797 Tm (Consolidated)Tj 0.722 Tw T* [(installed )722.2 (capacity: 100.0MW 100.0MW)]TJ ET q 0 0 595.276 807.874 re W n 0.75 0.05 1 0 k /GS0 gs q 1 0 0 1 416.337 256.1712 cm 0 0 m -1.363 4.582 -1.401 7.46 v -1.136 7.536 l 1.25 0.682 l 1.363 0.393 1.174 0.227 v 1.893 0.492 2.234 0.114 v 2.575 -0.265 2.499 -0.833 y 9.543 -3.408 l 9.505 -3.711 l 5.211 -3.115 1.855 -2.045 v 1.628 -2.348 l 2.272 -14.768 l 1.136 -15.488 0.038 -14.655 v 0.341 -2.499 l 0.341 -2.196 0.113 -2.272 v -0.114 -2.348 -2.689 -4.809 -4.279 -5.453 c -4.393 -5.15 l -0.537 -1.257 l -0.53 -0.757 l h f Q Q BT -0.028 Tw 7.5 0 0 7.5 448.6728 247.2428 Tm (Total)Tj 0 0 0 0.85 k /GS0 gs 0 Tc 0 Tw -11.179 0 Td (Jiangxi)Tj ET 0 0 0 0 k 29.456 42.821 114.296 42.45 re B BT 0 0 0 1 k /GS1 gs 0.028 Tc -0.028 Tw 3.85 0 0 5.5 35.3503 52.286 Tm (Consolidated)Tj 0.722 Tw T* [(installed )722.2 (capacity: )722.2 (691.5MW 691.5MW)]TJ ET q 0 0 595.276 807.874 re W n 0.75 0.05 1 0 k /GS0 gs q 1 0 0 1 93.2316 72.6306 cm 0 0 m -1.363 4.582 -1.401 7.46 v -1.136 7.536 l 1.25 0.682 l 1.363 0.393 1.174 0.227 v 1.893 0.492 2.234 0.114 v 2.575 -0.265 2.499 -0.833 y 9.543 -3.408 l 9.505 -3.711 l 5.211 -3.115 1.855 -2.045 v 1.628 -2.348 l 2.272 -14.768 l 1.136 -15.488 0.038 -14.655 v 0.341 -2.499 l 0.341 -2.196 0.113 -2.272 v -0.114 -2.348 -2.689 -4.809 -4.279 -5.453 c -4.393 -5.15 l -0.537 -1.257 l -0.53 -0.757 l h f Q Q BT -0.028 Tw 7.5 0 0 7.5 122.0714 63.7022 Tm (Total)Tj 0 0 0 0.85 k /GS0 gs 0 Tc 0 Tw -11.563 0 Td (Guizhou)Tj ET 0 0 0 0 k 39.377 91.357 109.285 42.45 re B BT 0 0 0 1 k /GS1 gs 0.028 Tc -0.028 Tw 3.85 0 0 5.5 45.2715 100.6426 Tm (Consolidated)Tj 0.722 Tw T* [(installed )722.2 (capacity: )722.2 (99.0MW )722.2 (99.0MW)]TJ ET q 0 0 595.276 807.874 re W n 0.75 0.05 1 0 k /GS0 gs q 1 0 0 1 97.3535 121.1672 cm 0 0 m -1.363 4.582 -1.401 7.46 v -1.136 7.536 l 1.25 0.682 l 1.363 0.393 1.174 0.227 v 1.893 0.492 2.234 0.114 v 2.575 -0.265 2.499 -0.833 y 9.543 -3.408 l 9.505 -3.711 l 5.211 -3.115 1.855 -2.045 v 1.628 -2.348 l 2.272 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5.5 270.1342 658.1198 Tm (Consolidated)Tj 0 Tw T* [(installed capacity: )-721.8 ( )-721.8 ( 547.4MW )-721.7 ( )-721.8 ( )-721.8 ( )-721.8 ( 547.4MW)]TJ ET q 0 0 595.276 807.874 re W n 0.75 0.05 1 0 k /GS0 gs q 1 0 0 1 325.1242 678.7407 cm 0 0 m -1.363 4.582 -1.401 7.46 v -1.136 7.536 l 1.25 0.682 l 1.363 0.393 1.174 0.227 v 1.893 0.492 2.234 0.114 v 2.575 -0.265 2.499 -0.833 y 9.543 -3.408 l 9.505 -3.711 l 5.211 -3.115 1.855 -2.045 v 1.628 -2.348 l 2.272 -14.768 l 1.136 -15.488 0.038 -14.655 v 0.341 -2.499 l 0.341 -2.196 0.113 -2.272 v -0.114 -2.348 -2.689 -4.809 -4.279 -5.453 c -4.393 -5.15 l -0.537 -1.257 l -0.53 -0.757 l h f Q Q BT -0.028 Tw 7.5 0 0 7.5 357.5175 670.283 Tm (Total)Tj 0 0 0 0.85 k /GS0 gs 0 Tc 0 Tw -11.651 0 Td (Jilin)Tj ET 0 0 0 0 k 195.963 708.942 143.88 42.45 re B BT 0 0 0 0.85 k 4.125 0 0 5.5 199.371 719.3608 Tm (Consolidated)Tj 0.722 Tw T* [(installed )722 (capacity: )722 (1,234.7MW )722 (30.0MW )722 ( )722 (1,264.7MW)]TJ ET q 0 0 595.276 807.874 re W n 0.75 0.05 1 0 k q 1 0 0 1 254.8808 740.1636 cm 0 0 m -1.363 4.582 -1.401 7.46 v -1.136 7.536 l 1.25 0.682 l 1.363 0.393 1.174 0.227 v 1.893 0.492 2.234 0.114 v 2.575 -0.265 2.499 -0.833 y 9.543 -3.408 l 9.505 -3.711 l 5.211 -3.115 1.855 -2.045 v 1.628 -2.348 l 2.272 -14.768 l 1.136 -15.488 0.038 -14.655 v 0.341 -2.499 l 0.341 -2.196 0.113 -2.272 v -0.114 -2.348 -2.689 -4.809 -4.279 -5.453 c -4.393 -5.15 l -0.537 -1.257 l -0.53 -0.757 l h f Q Q BT 0 Tw 7.5 0 0 7.5 308.9694 730.6349 Tm [(T)111 (otal)]TJ -14.262 0 Td (Heilongjiang)Tj ET q 0 0 595.276 807.874 re W n 0.3 0.65 0 0 k q 1 0 0 1 282.3168 732.4648 cm 0 0 m 1.197 1.197 1.197 3.138 0 4.334 c -1.197 5.531 -3.138 5.531 -4.334 4.334 c -5.531 3.138 -5.531 1.197 -4.334 0 c -3.138 -1.197 -1.197 -1.197 0 0 c f Q q 1 0 0 1 286.6556 728.126 cm 0 0 m 1.197 1.197 1.197 3.138 0 4.334 c -1.197 5.531 -3.138 5.531 -4.334 4.334 c -5.531 3.138 -5.531 1.197 -4.334 0 c -3.138 -1.197 -1.197 -1.197 0 0 c f Q q 1 0 0 1 286.671 736.819 cm 0 0 m 1.197 1.197 1.197 3.138 -0 4.334 c -1.197 5.531 -3.138 5.531 -4.334 4.334 c -5.531 3.138 -5.531 1.197 -4.334 0 c -3.138 -1.197 -1.197 -1.197 0 0 c f Q q 1 0 0 1 291.0098 732.4802 cm 0 0 m 1.197 1.197 1.197 3.138 0 4.334 c -1.197 5.531 -3.138 5.531 -4.334 4.334 c -5.531 3.138 -5.531 1.197 -4.334 0 c -3.138 -1.197 -1.197 -1.197 0 0 c f Q Q 0 0.75 1 0 K 0.68 w 4 M q 1 0 0 1 69.1654 714.8738 cm 0 0 m 0 -280.576 l S Q q 0 0 595.276 807.874 re W n 0 0.75 1 0 k q 1 0 0 1 69.1654 435.6582 cm 0 0 m 0.751 0 1.361 -0.609 1.361 -1.361 c 1.361 -2.112 0.751 -2.721 0 -2.721 c -0.751 -2.721 -1.361 -2.112 -1.361 -1.361 c -1.361 -0.609 -0.751 0 0 0 c f Q Q q 1 0 0 1 122.7825 662.4213 cm 0 0 m 0 -192.562 l S Q q 0 0 595.276 807.874 re W n 0 0.75 1 0 k q 1 0 0 1 122.7825 471.2203 cm 0 0 m 0.751 0 1.361 -0.609 1.361 -1.361 c 1.361 -2.112 0.751 -2.721 0 -2.721 c -0.751 -2.721 -1.361 -2.112 -1.361 -1.361 c -1.361 -0.609 -0.751 0 0 0 c f Q Q 0 0 0 0 k 0 0 0 0.85 K 0.146 w 10 M 48.508 708.942 116.345 42.45 re B BT 0 0 0 1 k 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24.373 0.534 Td (CHN Energy)Tj 21.216 0.033 Td (H Shar)Tj 3.038 0 Td (eholders)Tj 6.3494 0 0 6.3494 87.4524 669.8037 Tm (1.17%)Tj 43.627 0 Td (41.56%)Tj 7.1426 0 0 7.1426 353.7418 634.2964 Tm (The Company)Tj ET q 0 53.88 447.347 657.065 re W n BT 6.3494 0 0 6.3494 -121.8253 570.5527 Tm (100%)Tj ET Q BT 6.3504 0 0 6.3504 75.5597 584.0007 Tm (Her)Tj 1.593 0 Td (o Asia Investment Limited)Tj ET q 0 53.88 447.347 657.065 re W n BT 6.3504 0 0 6.3504 -164.2964 584.0007 Tm (Her)Tj 1.593 0 Td (o Asia \(BVI\) Company Limited)Tj ET Q BT 6.3494 0 0 6.3494 110.4242 570.5527 Tm (100%)Tj 4.762 0 0 4.762 227.7371 567.0744 Tm (100%)Tj 5.0506 0 0 5.0506 337.0016 541.1442 Tm (99.10)Tj 0.39 -1.2 Td (MW)Tj -0.668 -3.685 Td (244.50)Tj 0.668 -1.2 Td (MW)Tj 5.3435 0 0 5.3435 273.1679 541.0561 Tm (Longyuan Canada)Tj 0.39 -1.134 Td (Renewables Ltd.)Tj 4.762 0 0 4.762 227.7371 541.056 Tm (100%)Tj 0 -5.18 TD (100%)Tj 5.3435 0 0 5.3435 262.3339 566.4742 Tm (Longyuan Power Overseas )Tj 1.667 -1.134 Td (Investment Co., Ltd.)Tj -0.584 -8.239 Td (Longyuan South Africa)Tj 0.167 -1.134 Td (Renewables \(Pty\) Ltd.)Tj ET q 0 53.88 447.347 657.065 re W n BT 5.402 0 0 6.0022 -414.4094 486.1176 Tm (Longyuan W)Tj 5.596 0 Td (eishan Wind)Tj ( )Tj -5.966 -1.2 Td (Power Generation Co., Ltd.)Tj 2.084 -3.347 Td (Longyuan Lijiang )Tj -0.805 -1.2 Td (New Energy Co., Ltd.)Tj -2.358 -3.131 Td (Guodian Y)Tj 4.687 0 Td (unnan Longyuan Luoping )Tj -5.842 -1.2 Td (Wind Power Generation Company Limited)Tj 6.0022 0 0 6.0022 -338.4666 406.3781 Tm (198.00)Tj 0.668 -1.2 Td (MW)Tj 5.402 0 0 6.0022 -411.0061 406.3781 Tm (Anhui Longyuan Wind )Tj -1 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0022 0 0 6.0022 -336.7986 380.4827 Tm (49.50)Tj 0.39 -1.2 Td (MW)Tj 5.402 0 0 6.0022 -415.509 380.4827 Tm (Longyuan Fengyang Wind)Tj -0.305 -1.2 Td ( Power Generation Co., Ltd.)Tj 6.0022 0 0 6.0022 -336.798 353.3142 Tm (97.80)Tj 0.39 -1.2 Td (MW)Tj 5.402 0 0 6.0022 -415.6573 353.3142 Tm (Longyuan Dingyuan Wind)Tj ( )Tj -0.139 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0022 0 0 6.0022 -336.7986 327.3942 Tm (95.50)Tj 0.39 -1.2 Td (MW)Tj 5.402 0 0 6.0022 -414.9094 327.3942 Tm (Longyuan Quanjiao Wind )Tj -0.277 -1.2 Td (Power Generation Co., Ltd.)Tj -0.028 -16.353 Td (Shandong Longyuan Wind )Tj 0.028 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0022 0 0 6.0022 -336.7986 222.0342 Tm (99.00)Tj 0.39 -1.2 Td (MW)Tj 5.402 0 0 6.0022 -422.1132 195.6826 Tm (Shangdong Longyuan Hengxin )Tj -0.222 -1.2 Td (Wind Power Generation Co., Ltd.)Tj 6.0022 0 0 6.0022 -336.798 169.0579 Tm (98.70)Tj 0.39 -1.2 Td (MW)Tj 5.402 0 0 6.0022 -416.4081 169.0579 Tm (Longyuan Huitai \(Binzhou\) )Tj -1.139 -1.2 Td (Wind Power Generaion Co., Ltd.)Tj 6.0022 0 0 6.0022 -336.798 143.0599 Tm (98.20)Tj 0.39 -1.2 Td (MW)Tj 5.402 0 0 6.0022 -408.9022 142.5227 Tm (Longyuan Linyi Wind)Tj -1.389 -1.2 Td (Power Generation Co., Ltd.)Tj 0.611 27.601 Td (Longyuan Suzhou Wind )Tj -0.611 -1.2 Td (Power Generation Co., Ltd.)Tj -0.473 -3.205 Td (Hanshan Longyuan Meishan )Tj -0.805 -1.2 Td (Wind Power Generation Co., Ltd.)Tj 6.0022 0 0 6.0022 -336.798 274.5506 Tm (48.30)Tj 0.39 -1.2 Td (MW)Tj -0.668 -3.195 Td (244.00)Tj 0.668 -1.2 Td (MW)Tj -0.001 Tc 5.402 0 0 6.0022 -421.057 250.5735 Tm (China Longyuan Power Group )Tj 0 Tc 2.604 -1 Td (Anhui New Energy )Tj 0.001 Tc -0.757 -1 Td (Development Co., Ltd.)Tj 0 Tc -1.826 -20.31 Td (Her)Tj 1.593 0 Td (o Asia \(Changdao\) Wind)Tj ( )Tj -1.214 -1.2 Td (Power Generation Co., Ltd.)Tj 24.772 62.754 Td (Her)Tj 1.593 0 Td (o Asia \(Ningyang\) Wind)Tj -1.687 -1.2 Td ( Power Generation Co., Ltd.)Tj 4.8018 0 0 6.0022 -291.4704 458.8243 Tm (Guodian Shandong Jinan Longyuan )Tj 0.862 -1.2 Td (Wind Power Generation Co., Ltd.)Tj 6.0022 0 0 6.0022 -202.5024 458.8243 Tm (49.50)Tj 0.39 -1.2 Td (MW)Tj 4.5017 0 0 6.0022 -288.6343 432.8305 Tm (Guodian Shandong Longyuan Linqu)Tj 0.64 -1.2 Td ( Wind Power Generation Co., Ltd.)Tj 6.0022 0 0 6.0022 -202.5024 432.8305 Tm (48.00)Tj 0.39 -1.2 Td (MW)Tj 5.402 0 0 6.0022 -283.6267 406.3781 Tm (Longyuan \(Dezhou\) Wind )Tj -0.222 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0022 0 0 6.0022 -204.171 353.3142 Tm (146.00)Tj 0.668 -1.2 Td (MW)Tj 5.402 0 0 6.0022 -280.3254 353.3142 Tm (Tianjin Longyuan Wind )Tj -0.834 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0022 0 0 6.0022 -202.5024 327.3948 Tm (48.00)Tj 0.39 -1.2 Td (MW)Tj 4.5017 0 0 6.0022 -288.7148 327.3948 Tm (Longyuan \(Tianjin Binhai New Ar)Tj 14.543 0 Td (ea\) )Tj -13.746 -1.2 Td (Wind Power Generation Co., Ltd.)Tj 6.0022 0 0 6.0022 -204.171 300.9892 Tm (642.00)Tj 0.668 -1.2 Td (MW)Tj 5.402 0 0 6.0022 -282.5787 300.9898 Tm (Longyuan Guizhou Wind )Tj -0.416 -1.2 Td (Power Generation Co., Ltd.)Tj -0.362 -3.205 Td (Guodian Longyuan Songtao )Tj -0.916 -1.2 Td (Wind Power Generation Co., Ltd.)Tj 6.0022 0 0 6.0022 -202.5024 247.5724 Tm (49.50)Tj 0.39 -1.2 Td (MW)Tj 5.402 0 0 6.0022 -284.5312 247.5724 Tm (Guodian Longyuan Duyun)Tj ( )Tj -1.333 -1.2 Td (Wind Power Generation Co., Ltd.)Tj 6.0022 0 0 6.0022 -204.171 222.0342 Tm (298.50)Tj 0.668 -1.2 Td (MW)Tj 5.402 0 0 6.0022 -280.6256 222.0342 Tm (Shanxi Longyuan Wind )Tj -0.778 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0022 0 0 6.0022 -202.5024 195.6826 Tm (99.00)Tj 0.39 -1.2 Td (MW)Tj 5.402 0 0 6.0022 -290.4356 195.6826 Tm (Guodian Shanxi Jieneng Y)Tj 11.746 0 Td (ouyu )Tj -11.986 -1.2 Td (Wind Power Generation Co., Ltd.)Tj 6.0022 0 0 6.0022 -202.5024 169.0579 Tm (84.00)Tj 0.39 -1.2 Td (MW)Tj 5.402 0 0 6.0022 -281.6736 169.0573 Tm (Longyuan Ningwu Wind )Tj -0.584 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0022 0 0 6.0022 -68.118 486.1176 Tm (150.00)Tj 0.668 -1.2 Td (MW)Tj 5.402 0 0 6.0022 -145.0593 486.1176 Tm (Longyuan Jingle Wind )Tj -0.945 -1.2 Td (Power Generation Co., Ltd.)Tj 0.555 -3.347 Td (Longyuan Heshun Wind )Tj -0.555 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0022 0 0 6.0022 -202.5024 143.0599 Tm (49.50)Tj 0.39 -1.2 Td (MW)Tj 5.402 0 0 6.0022 -283.9286 143.0599 Tm (Longyuan Pianguan Wind )Tj -0.167 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0022 0 0 6.0022 -202.5024 116.6609 Tm (49.50)Tj 0.39 -1.199 Td (MW)Tj 5.402 0 0 6.0022 -279.4263 116.6609 Tm (Longyuan Kelan Wind )Tj -1 -1.2 Td (Power Generation Co., Ltd.)Tj 0.617 45.155 Td (Longyuan Guan County )Tj -1.895 -1.2 Td (Wind Power Generation Co., Ltd.)Tj ET Q BT 6.0022 0 0 6.0022 141.1735 404.812 Tm (95.50)Tj 0.39 -1.2 Td (MW)Tj 5.402 0 0 6.0022 62.0348 404.8127 Tm (Guangxi Longyuan Wind )Tj -0.389 -1.2 Td (Power Generation Co., Ltd.)Tj 4.5017 0 0 4.5017 165.212 406.7268 Tm (100%)Tj ET q 0 53.88 447.347 657.065 re W n BT 5.402 0 0 6.0022 -147.315 432.8305 Tm (Longyuan Lanxian Wind )Tj -0.527 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0022 0 0 6.0022 -66.4494 406.3781 Tm (49.50)Tj 0.39 -1.2 Td (MW)Tj -0.39 5.607 Td (49.50)Tj 0.39 -1.2 Td (MW)Tj 5.402 0 0 6.0022 -151.8202 406.3781 Tm (Guodian Longyuan Shenchi )Tj -0.971 -1.2 Td (Wind Power Generation Co., Ltd.)Tj 6.0022 0 0 6.0022 -66.4494 380.4827 Tm (49.50)Tj 0.39 -1.2 Td (MW)Tj 5.402 0 0 6.0022 -151.3634 380.4827 Tm (Shanxi Guodian Jinke Wind )Tj 0.222 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0022 0 0 6.0022 -68.1174 353.3148 Tm (396.50)Tj 0.668 -1.2 Td (MW)Tj 5.402 0 0 6.0022 -147.0094 353.3148 Tm (Longyuan Ningxia Wind )Tj -0.584 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0022 0 0 6.0022 -66.4494 327.3948 Tm (79.50)Tj 0.39 -1.2 Td (MW)Tj 5.402 0 0 6.0022 -144.4543 327.3948 Tm (Ningxia Tianjing Wind )Tj -1.057 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0022 0 0 6.0022 -66.4494 300.9892 Tm (98.70)Tj 0.39 -1.2 Td (MW)Tj 5.402 0 0 6.0022 -145.3618 300.9898 Tm (Longyuan Litong Wind )Tj -0.889 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0022 0 0 6.0022 -68.1174 274.5506 Tm (150.00)Tj 0.668 -1.2 Td (MW)Tj 5.402 0 0 6.0022 -149.2165 274.55 Tm (Longyuan W)Tj 5.596 0 Td (uzhong Wind )Tj -5.771 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0022 0 0 6.0022 -68.1174 247.5724 Tm (144.10)Tj 0.668 -1.2 Td (MW)Tj 5.402 0 0 6.0022 -147.4632 247.5724 Tm (Longyuan Shaanxi Wind )Tj -0.5 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0022 0 0 6.0022 -66.4494 222.0347 Tm (99.00)Tj 0.39 -1.2 Td (MW)Tj 5.402 0 0 6.0022 -148.2117 222.0347 Tm (Longyuan Jingbian Wind )Tj -0.362 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0022 0 0 6.0022 -66.4494 195.6826 Tm (50.00)Tj 0.39 -1.2 Td (MW)Tj 5.402 0 0 6.0022 -148.8113 195.6826 Tm (Longyuan Dingbian Wind )Tj -0.251 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0022 0 0 6.0022 -66.4494 169.0579 Tm (46.00)Tj 0.39 -1.2 Td (MW)Tj 5.402 0 0 6.0022 -143.4117 169.0573 Tm (Longyuan Hengshan )Tj 0.029 -1.2 Td (New Energy Co., Ltd.)Tj ET Q BT 6.0022 0 0 6.0022 141.1735 458.0152 Tm (60.00)Tj 0.39 -1.2 Td (MW)Tj 5.402 0 0 6.0022 65.635 458.0152 Tm (Longyuan Le\222an Wind )Tj -1.055 -1.2 Td (Power Generation Co., Ltd.)Tj 4.5017 0 0 4.5017 165.212 458.1761 Tm (100%)Tj 6.0022 0 0 6.0022 141.1735 484.0703 Tm (40.00)Tj 0.39 -1.2 Td (MW)Tj 5.402 0 0 6.0022 64.039 484.0703 Tm (Longyuan Y)Tj 5.316 0 Td (ichun Wind )Tj -6.076 -1.2 Td (Power Generation Co., Ltd.)Tj 4.5017 0 0 4.5017 165.212 485.0943 Tm (100%)Tj ET q 0 53.88 447.347 657.065 re W n BT 5.402 0 0 6.0022 -146.4104 116.6609 Tm (Jiangxi Longyuan Wind )Tj -0.695 -1.199 Td (Power Generation Co., Ltd.)Tj ET Q BT 6.0022 0 0 6.0022 142.8422 431.082 Tm (7.50)Tj 0.112 -1.2 Td (MW)Tj 5.402 0 0 6.0022 65.7868 431.082 Tm (Longyuan Tibet Naqu )Tj 0.196 -1.2 Td (New Energy Co., Ltd.)Tj 4.5017 0 0 4.5017 165.212 432.2669 Tm (100%)Tj ET q 0 53.88 447.347 657.065 re W n BT 6.0022 0 0 6.0022 -68.118 143.0599 Tm (100.10)Tj 0.668 -1.2 Td (MW)Tj 5.402 0 0 6.0022 -141.3109 143.0599 Tm (Guodian Longyuan )Tj -1.629 -1.2 Td (W)Tj 0.871 0 Td (uqi New Energy Co., Ltd.)Tj ET Q BT 5.402 0 0 6.0022 66.4885 379.7876 Tm (Longyuan Y)Tj 5.299 0 Td (ulin Wind)Tj ( )Tj -6.513 -1.2 Td (Power Generation Co., Ltd.)Tj 4.5017 0 0 4.5017 165.212 381.868 Tm (100%)Tj 5.402 0 0 6.0022 62.7827 353.3995 Tm (Longyuan Liuzhou Wind )Tj -0.527 -1.2 Td (Power Generation Co., Ltd.)Tj 4.5017 0 0 4.5017 164.5697 353.193 Tm (100%)Tj 5.402 0 0 6.0022 62.3344 326.3564 Tm (Longyuan Binyang Wind )Tj -0.444 -1.2 Td (Power Generation Co., Ltd.)Tj 4.5017 0 0 4.5017 164.5697 326.6325 Tm (100%)Tj 5.402 0 0 6.0022 62.1831 300.5295 Tm (Longyuan Qinzhou Wind )Tj -0.416 -1.2 Td (Power Generation Co., Ltd.)Tj 4.5017 0 0 4.5017 164.5697 299.7606 Tm (100%)Tj 5.402 0 0 6.0022 63.2851 273.6899 Tm (Longyuan Power Gr)Tj 8.874 0 Td (oup )Tj -10.744 -1.2 Td (\(Shanghai\) Wind Power Co., Ltd.)Tj 6.0022 0 0 6.0022 141.1735 273.6899 Tm (47.50)Tj 0.39 -1.2 Td (MW)Tj 4.5017 0 0 4.5017 164.5697 274.5765 Tm (100%)Tj 5.402 0 0 5.7436 54.6803 195.5632 Tm (Chaozhou Haishan Island Wind)Tj 0.473 -1.2 Td (Power Development Co., Ltd.)Tj 6.0022 0 0 6.0022 141.1735 195.6406 Tm (50.00)Tj 0.39 -1.2 Td (MW)Tj 3.6013 0 0 4.5017 163.9575 195.3153 Tm (30.60%)Tj 5.402 0 0 5.7436 51.6306 170.2638 Tm (Guodian Y)Tj 4.632 0 Td (angjiang Hailing Island )Tj -4.373 -1.2 Td (Wind Power Generation Co., Ltd.)Tj 0.499 -3.569 Td (Guodian Longyuan Shaoguan )Tj -0.499 -1.2 Td (Wind Power Generation Co., Ltd.)Tj 5.678 -3.305 Td (Hubei Longyuan )Tj -0.944 -1.2 Td (New Energy Co., Ltd.)Tj 4.5017 0 0 4.5017 164.1435 117.2743 Tm (100%)Tj 5.402 0 0 6.0022 53.4751 247.393 Tm (Guangdong Guodian Longyuan )Tj -0.082 -1.2 Td (Wind Power Generation Co., Ltd.)Tj 6.0022 0 0 6.0022 141.1735 247.3923 Tm (25.74)Tj 0.39 -1.2 Td (MW)Tj 4.5017 0 0 4.5017 166.4364 248.1727 Tm (51%)Tj 0 -17.307 TD (51%)Tj 0 -5.822 TD (51%)Tj 5.402 0 0 5.7436 54.3718 221.2737 Tm (Guodian Longyuan Longchuan )Tj 2.225 -1.2 Td (Wind Power Co., Ltd. )Tj 6.0022 0 0 6.0022 141.1735 221.2737 Tm (26.00)Tj 0.39 -1.2 Td (MW)Tj 4.5017 0 0 4.5017 166.4364 222.0534 Tm (51%)Tj 6.0022 0 0 6.0022 275.8389 484.4994 Tm (48.00)Tj 0.39 -1.2 Td (MW)Tj 5.402 0 0 6.0022 196.5315 484.5 Tm (Longyuan Baokang Wind )Tj -0.278 -1.2 Td (Power Generation Co., Ltd.)Tj 4.5017 0 0 4.5017 300.22 484.8878 Tm (100%)Tj 5.402 0 0 6.0022 190.5293 457.3875 Tm (Guodian Longyuan Jiangyong )Tj -0.444 -1.2 Td (Wind Power Generation Co., Ltd.)Tj 6.0022 0 0 6.0022 275.8389 457.3874 Tm (48.00)Tj 0.39 -1.2 Td (MW)Tj -0.39 -3.106 Td (50.00)Tj 0.39 -1.2 Td (MW)Tj 4.5017 0 0 4.5017 302.687 458.7685 Tm (50%)Tj 5.402 0 0 6.0022 195.3251 431.3287 Tm (Guodian Longyuan Anhua )Tj -1.332 -1.2 Td (Wind Power Generation Co., Ltd.)Tj 4.5017 0 0 4.5017 302.687 433.4829 Tm (50%)Tj 5.402 0 0 6.0022 202.3896 380.0679 Tm (Guodian Chongqing )Tj -3.279 -1.2 Td (Wind Power Development Co., Ltd. )Tj 6.0022 0 0 6.0022 274.1702 380.0679 Tm (209.50)Tj 0.668 -1.2 Td (MW)Tj 4.5017 0 0 4.5017 302.693 380.4767 Tm (51%)Tj 6.0022 0 0 6.0022 194.4007 274.4641 Tm (Nantong Tianshenggang)Tj -0.528 -1.2 Td (Power Generating Co., Ltd.)Tj 13.818 1.2 Td (660.00)Tj 0.668 -1.2 Td (MW)Tj 3.6013 0 0 4.5017 299.7097 276.4612 Tm (31.94%)Tj 5.402 0 0 6.0022 196.6875 248.522 Tm (Jiangyin Sulong Heat and)Tj -0.473 -1.2 Td ( Power Generating Co., Ltd.)Tj 6.0022 0 0 6.0022 271.6673 248.5214 Tm (1,215.00)Tj 1.085 -1.2 Td (MW)Tj 4.5017 0 0 4.5017 302.693 249.5454 Tm (27%)Tj 5.402 0 0 6.0022 202.8398 221.4778 Tm (Longyuan Tibet New)Tj 0.833 -1.2 Td ( Energy Co., Ltd.)Tj 6.0022 0 0 6.0022 275.8389 221.4778 Tm (42.00)Tj 0.39 -1.2 Td (MW)Tj 4.5017 0 0 4.5017 300.22 222.6626 Tm (100%)Tj 5.402 0 0 6.0022 196.9817 195.2012 Tm (Longyuan Tibet Shigatse )Tj 0.918 -1.2 Td (New Energy Co., Ltd.)Tj 6.0022 0 0 6.0022 275.8389 195.2012 Tm (30.00)Tj 0.39 -1.2 Td (MW)Tj 4.5017 0 0 4.5017 300.22 197.1159 Tm (100%)Tj 5.402 0 0 6.0022 197.6899 170.1696 Tm (Longyuan Ge\222er)Tj 7.188 0 Td (mu New )Tj -8.373 -1.2 Td (Energy Development Co., Ltd.)Tj 6.0022 0 0 6.0022 275.8389 169.9384 Tm (90.00)Tj 0.39 -1.2 Td (MW)Tj 4.5017 0 0 4.5017 300.22 172.2499 Tm (100%)Tj 0.002 Tc -0.002 Tw 5.402 0 0 6.0022 190.4152 405.3709 Tm (Huna)Tj -0.001 Tc 0 Tw 2.387 0 Td (n Longyuan Wind Power )Tj -0.002 Tc -0.003 -1.2 Td (Generation Co., Ltd.)Tj 0 Tc 4.5017 0 0 4.5017 300.22 406.8385 Tm (100%)Tj 6.0022 0 0 6.0022 203.512 116.8428 Tm (Longyuan T)Tj 5.189 0 Td (urpan )Tj -5.928 -1.2 Td (New Energy Co., Ltd.)Tj 13.067 1.2 Td (8.72)Tj 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application/postscript to application/vnd.adobe.illustrator converted from application/postscript to application/vnd.adobe.illustrator converted from application/postscript to application/vnd.adobe.illustrator converted from application/postscript to application/vnd.adobe.illustrator converted from application/postscript to application/vnd.adobe.illustrator converted from application/postscript to application/vnd.adobe.illustrator converted from application/postscript to application/vnd.adobe.illustrator converted from application/postscript to application/vnd.adobe.illustrator converted from application/postscript to application/vnd.adobe.illustrator converted from application/postscript to application/vnd.adobe.illustrator converted from application/postscript to application/vnd.adobe.illustrator converted from application/postscript to application/vnd.adobe.illustrator converted from application/postscript to application/vnd.adobe.illustrator converted from application/postscript to 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17.072 re f* q 150.169 72.439 445.106 638.481 re W n 0 0 0 0.75 K 0.36 w 4 M q 1 0 0 1 150.3543 326.1127 cm 0 0 m 15.024 0 l S Q Q 0 0 0 0.2 k 281.71 316.81 -116.57 17.072 re f* 0.51 0 0.7 0 k 280.859 317.576 -116.569 17.072 re f* q 150.169 72.439 445.106 638.481 re W n 0 0 0 0.75 K 0.36 w 4 M q 1 0 0 1 150.3543 299.7888 cm 0 0 m 15.212 0 l S Q Q 0 0 0 0.2 k 281.71 290.487 -116.57 17.072 re f* 0.51 0 0.7 0 k 280.859 291.252 -116.569 17.072 re f* q 150.169 72.439 445.106 638.481 re W n 0 0 0 0.75 K 0.36 w 4 M q 1 0 0 1 150.1976 272.7883 cm 0 0 m 15.212 0 l S Q Q 0 0 0 0.2 k 281.71 264.162 -116.57 17.073 re f* 0.51 0 0.7 0 k 280.859 264.928 -116.569 17.072 re f* q 150.169 72.439 445.106 638.481 re W n 0 0 0 0.75 K 0.36 w 4 M q 1 0 0 1 150.3543 245.992 cm 0 0 m 15.212 0 l S Q Q 0 0 0 0.2 k 281.71 235.216 -116.57 20.157 re f* 0.51 0 0.7 0 k 280.859 236.12 -116.569 20.156 re f* q 150.169 72.439 445.106 638.481 re W n 0 0 0 0.75 K 0.36 w 4 M q 1 0 0 1 150.3543 220.0498 cm 0 0 m 15.212 0 l S Q Q 0 0 0 0.2 k 281.71 211.514 -116.57 17.072 re f* 0.51 0 0.7 0 k 280.859 212.28 -116.569 17.072 re f* q 150.169 72.439 445.106 638.481 re W n 0 0 0 0.75 K 0.36 w 4 M q 1 0 0 1 150.3543 194.4918 cm 0 0 m 15.212 0 l S Q Q 0 0 0 0.2 k 281.71 185.19 -116.57 17.073 re f* 0.51 0 0.7 0 k 280.859 185.956 -116.569 17.072 re f* q 150.169 72.439 445.106 638.481 re W n 0 0 0 0.75 K 0.36 w 4 M q 1 0 0 1 150.3543 167.4019 cm 0 0 m 15.212 0 l S Q Q 0 0 0 0.2 k 281.71 158.866 -116.57 17.072 re f* 0.51 0 0.7 0 k 280.859 159.631 -116.569 17.072 re f* 0 0 0 0.75 K 0.36 w 4 M q 1 0 0 1 284.4042 455.1834 cm 0 0 m 15.212 0 l S Q 0 0 0 0.2 k 415.76 448.067 -116.57 17.072 re f* 0.51 0 0.7 0 k 414.909 448.832 -116.569 17.072 re f* q 1 0 0 1 284.4042 430.2219 cm 0 0 m 15.212 0 l S Q 0 0 0 0.2 k 415.76 421.686 -116.57 17.072 re f* 0.51 0 0.7 0 k 414.909 422.451 -116.569 17.072 re f* q 1 0 0 1 284.304 404.6068 cm 0 0 m 15.213 0 l S Q 0 0 0 0.2 k 415.76 395.305 -116.57 17.073 re f* 0.51 0 0.7 0 k 414.909 396.071 -116.569 17.072 re f* q 1 0 0 1 284.304 378.2258 cm 0 0 m 15.213 0 l S Q 0 0 0 0.2 k 415.76 368.924 -116.57 17.072 re f* 0.51 0 0.7 0 k 414.909 369.69 -116.569 17.072 re f* q 150.169 72.439 445.106 638.481 re W n q 1 0 0 1 150.1635 457.7337 cm 0 0 m 14.299 0 l S Q Q 0 0 0 0.2 k 281.307 448.431 -116.57 17.072 re f* 0.51 0 0.7 0 k 280.456 449.197 -116.569 17.072 re f* q 150.169 72.439 445.106 638.481 re W n q 1 0 0 1 150.3543 141.0773 cm 0 0 m 15.212 0 l S Q Q 0 0 0 0.2 k 281.71 132.542 -116.57 17.072 re f* 0.51 0 0.7 0 k 280.859 133.307 -116.569 17.072 re f* q 150.169 72.439 445.106 638.481 re W n q 1 0 0 1 150.3543 114.7534 cm 0 0 m 15.212 0 l S Q Q 0 0 0 0.2 k 281.71 106.22 -116.57 17.07 re f* 0.51 0 0.7 0 k 280.859 106.982 -116.569 17.073 re f* q 1 0 0 1 284.4042 483.6693 cm 0 0 m 15.212 0 l S Q 0 0 0 0.2 k 415.76 474.454 -116.57 17.072 re f* 0.51 0 0.7 0 k 414.909 475.22 -116.569 17.072 re f* q 1 0 0 1 284.5194 351.8455 cm 0 0 m 15.212 0 l S Q 0 0 0 0.2 k 415.875 342.543 -116.57 17.072 re f* 0.51 0 0.7 0 k 415.024 343.309 -116.569 17.072 re f* q 1 0 0 1 284.5194 325.4645 cm 0 0 m 15.212 0 l S Q 0 0 0 0.2 k 415.875 316.162 -116.57 17.072 re f* 0.51 0 0.7 0 k 415.024 316.928 -116.569 17.072 re f* q 1 0 0 1 284.5194 299.0835 cm 0 0 m 15.212 0 l S Q 0 0 0 0.2 k 415.875 289.781 -116.57 17.073 re f* 0.51 0 0.7 0 k 415.024 290.547 -116.569 17.073 re f* q 1 0 0 1 284.5194 272.3424 cm 0 0 m 15.212 0 l S Q 0 0 0 0.2 k 415.875 263.401 -116.57 17.072 re f* 0.51 0 0.7 0 k 415.024 264.167 -116.569 17.072 re f* q 1 0 0 1 284.5194 246.3222 cm 0 0 m 15.024 0 l S Q 0 0 0 0.2 k 415.875 237.02 -116.57 17.072 re f* 0.51 0 0.7 0 k 415.024 237.786 -116.569 17.072 re f* q 1 0 0 1 284.5194 219.9412 cm 0 0 m 15.212 0 l S Q 0 0 0 0.2 k 415.875 210.639 -116.57 17.072 re f* 0.51 0 0.7 0 k 415.024 211.405 -116.569 17.072 re f* q 1 0 0 1 284.5194 166.031 cm 0 0 m 15.212 0 l S Q 0 0 0 0.2 k 415.875 157.877 -116.57 17.073 re f* 0.51 0 0.7 0 k 415.024 158.643 -116.569 17.072 re f* q 1 0 0 1 284.5194 140.0324 cm 0 0 m 15.212 0 l S Q 0 0 0 0.2 k 415.875 131.497 -116.57 17.072 re f* 0.51 0 0.7 0 k 415.024 132.263 -116.569 17.072 re f* q 1 0 0 1 284.5194 114.4179 cm 0 0 m 15.212 0 l S Q 0 0 0 0.2 k 415.875 105.116 -116.57 17.072 re f* 0.51 0 0.7 0 k 415.024 105.884 -116.569 17.07 re f* q 1 0 0 1 418.5689 483.2894 cm 0 0 m 15.213 0 l S Q 0 0 0 0.2 k 549.925 474.753 -116.57 17.072 re f* 0.51 0 0.7 0 k 549.074 475.519 -116.569 17.072 re f* q 1 0 0 1 418.5689 456.9636 cm 0 0 m 15.213 0 l S Q 0 0 0 0.2 k 549.925 448.428 -116.57 17.072 re f* 0.51 0 0.7 0 k 549.074 449.194 -116.569 17.072 re f* q 1 0 0 1 418.5689 428.8378 cm 0 0 m 15.213 0 l S Q 0 0 0 0.2 k 549.925 422.102 -116.57 17.072 re f* 0.51 0 0.7 0 k 549.074 422.868 -116.569 17.072 re f* q 1 0 0 1 418.5689 404.9915 cm 0 0 m 15.213 0 l S Q 0 0 0 0.2 k 549.925 395.777 -116.57 17.072 re f* 0.51 0 0.7 0 k 549.074 396.543 -116.569 17.072 re f* q 1 0 0 1 418.4687 326.1025 cm 0 0 m 15.213 0 l S Q 0 0 0 0.2 k 549.925 316.8 -116.57 17.073 re f* 0.51 0 0.7 0 k 549.074 317.567 -116.569 17.072 re f* q 1 0 0 1 418.4687 299.7773 cm 0 0 m 15.213 0 l S Q 0 0 0 0.2 k 549.925 290.475 -116.57 17.072 re f* 0.51 0 0.7 0 k 549.074 291.241 -116.569 17.072 re f* q 1 0 0 1 418.5689 376.5681 cm 0 0 m 15.213 0 l S Q 0 0 0 0.2 k 549.925 369.451 -116.57 17.073 re f* 0.51 0 0.7 0 k 549.074 370.217 -116.569 17.073 re f* q 1 0 0 1 418.5689 351.6618 cm 0 0 m 15.213 0 l S Q 0 0 0 0.2 k 549.925 343.126 -116.57 17.072 re f* 0.51 0 0.7 0 k 549.074 343.892 -116.569 17.072 re f* q 1 0 0 1 284.3628 192.8844 cm 0 0 m 15.212 0 l S Q 0 0 0 0.2 k 415.875 184.258 -116.57 17.072 re f* 0.51 0 0.7 0 k 415.024 185.024 -116.569 17.073 re f* q 1 0 0 1 434.2606 273.4517 cm 0 0 m -15.212 0 l S Q 0 0 0 0.2 k 432.553 264.149 116.57 17.073 re f* 0.51 0 0.7 0 k 433.404 264.916 116.569 17.072 re f* q 1 0 0 1 434.2606 247.1265 cm 0 0 m -15.212 0 l S Q 0 0 0 0.2 k 432.553 237.824 116.57 17.072 re f* 0.51 0 0.7 0 k 433.404 238.59 116.569 17.072 re f* q 1 0 0 1 434.2606 220.8007 cm 0 0 m -15.212 0 l S Q 0 0 0 0.2 k 432.553 211.499 116.57 17.072 re f* 0.51 0 0.7 0 k 433.404 212.265 116.569 17.072 re f* q 1 0 0 1 434.2606 194.1154 cm 0 0 m -15.212 0 l S Q 0 0 0 0.2 k 432.553 185.173 116.57 17.072 re f* 0.51 0 0.7 0 k 433.404 185.939 116.569 17.073 re f* q 1 0 0 1 434.2606 168.1504 cm 0 0 m -15.024 0 l S Q 0 0 0 0.2 k 432.553 158.848 116.57 17.072 re f* 0.51 0 0.7 0 k 433.404 159.614 116.569 17.072 re f* q 1 0 0 1 434.2606 141.8246 cm 0 0 m -15.212 0 l S Q 0 0 0 0.2 k 432.553 132.522 116.57 17.073 re f* 0.51 0 0.7 0 k 433.404 133.288 116.569 17.073 re f* q 1 0 0 1 433.817 114.823 cm 0 0 m -15.212 0 l S Q 0 0 0 0.2 k 432.553 106.196 116.57 17.073 re f* 0.51 0 0.7 0 k 433.404 106.964 116.569 17.071 re f* q 150.169 72.439 445.106 638.481 re W n q 1 0 0 1 150.4511 484.6579 cm 0 0 m 15.212 0 l S Q Q 0 0 0 0.2 k 280.728 474.755 -116.57 17.072 re f* 0.51 0 0.7 0 k 279.877 475.521 -116.569 17.073 re f* BT 0 0 0 1 k /T1_1 1 Tf 0 Tc 0 Tw 5.7206 0 0 5.7206 215.1691 80.7346 Tm (Wind power)Tj 0.666 -1.2 Td (business)Tj 15.836 1.2 Td (Coal power)Tj 0.555 -1.2 Td (business)Tj 35.445 1.2 Td (Other )Tj -1.111 -1.2 Td (enterprises)Tj -18.888 1.2 Td (Other new energy)Tj 2.001 -1.2 Td (business)Tj ET q 150.133 53.88 445.142 657.065 re W n BT 6.3494 0 0 6.3494 820.2155 669.8037 Tm (57.27%)Tj 6.3504 0 0 6.3504 774.2326 705.6735 Tm (Shar)Tj 2.038 0 Td (eholders of the Company)Tj -21.443 -2.071 Td (Guodian Nor)Tj 5.742 0 Td (theast)Tj -6.761 -1.134 Td (Electric Power Co., Ltd.)Tj 24.373 0.534 Td (CHN Energy)Tj 21.216 0.033 Td (H Shar)Tj 3.038 0 Td (eholders)Tj 6.3494 0 0 6.3494 682.728 669.8037 Tm (1.17%)Tj 43.627 0 Td (41.56%)Tj 7.1426 0 0 7.1426 949.0174 634.2964 Tm (The Company)Tj ET Q BT 6.3494 0 0 6.3494 473.4502 570.5527 Tm (100%)Tj ET q 150.133 53.88 445.142 657.065 re W n BT 6.3504 0 0 6.3504 670.8353 584.0007 Tm (Her)Tj 1.593 0 Td (o Asia Investment Limited)Tj ET Q BT 6.3504 0 0 6.3504 430.9792 584.0007 Tm (Her)Tj 1.593 0 Td (o Asia \(BVI\) Company Limited)Tj ET q 150.133 53.88 445.142 657.065 re W n BT 6.3494 0 0 6.3494 705.6997 570.5527 Tm (100%)Tj 4.762 0 0 4.762 823.0127 567.0744 Tm (100%)Tj 5.0506 0 0 5.0506 932.2772 541.1442 Tm (99.10)Tj 0.39 -1.2 Td (MW)Tj -0.668 -3.685 Td (244.50)Tj 0.668 -1.2 Td (MW)Tj 5.3435 0 0 5.3435 868.4435 541.0561 Tm (Longyuan Canada)Tj 0.39 -1.134 Td (Renewables Ltd.)Tj 4.762 0 0 4.762 823.0127 541.056 Tm (100%)Tj 0 -5.18 TD (100%)Tj 5.3435 0 0 5.3435 857.6094 566.4742 Tm (Longyuan Power Overseas )Tj 1.667 -1.134 Td (Investment Co., Ltd.)Tj -0.584 -8.239 Td (Longyuan South Africa)Tj 0.167 -1.134 Td (Renewables \(Pty\) Ltd.)Tj ET Q BT 5.402 0 0 6.0022 180.8662 486.1176 Tm (Longyuan W)Tj 5.596 0 Td (eishan Wind)Tj ( )Tj -5.966 -1.2 Td (Power Generation Co., Ltd.)Tj 2.084 -3.347 Td (Longyuan Lijiang )Tj -0.805 -1.2 Td (New Energy Co., Ltd.)Tj -2.358 -3.131 Td (Guodian Y)Tj 4.687 0 Td (unnan Longyuan Luoping )Tj -5.842 -1.2 Td (Wind Power Generation Company Limited)Tj 6.0022 0 0 6.0022 256.809 406.3781 Tm (198.00)Tj 0.668 -1.2 Td (MW)Tj 5.402 0 0 6.0022 184.2695 406.3781 Tm (Anhui Longyuan Wind )Tj -1 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0022 0 0 6.0022 258.477 380.4827 Tm (49.50)Tj 0.39 -1.2 Td (MW)Tj 5.402 0 0 6.0022 179.7666 380.4827 Tm (Longyuan Fengyang Wind)Tj -0.305 -1.2 Td ( Power Generation Co., Ltd.)Tj 6.0022 0 0 6.0022 258.4776 353.3142 Tm (97.80)Tj 0.39 -1.2 Td (MW)Tj 5.402 0 0 6.0022 179.6183 353.3142 Tm (Longyuan Dingyuan Wind)Tj ( )Tj -0.139 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0022 0 0 6.0022 258.477 327.3942 Tm (95.50)Tj 0.39 -1.2 Td (MW)Tj 5.402 0 0 6.0022 180.3662 327.3942 Tm (Longyuan Quanjiao Wind )Tj -0.277 -1.2 Td (Power Generation Co., Ltd.)Tj -0.028 -16.353 Td (Shandong Longyuan Wind )Tj 0.028 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0022 0 0 6.0022 258.477 222.0342 Tm (99.00)Tj 0.39 -1.2 Td (MW)Tj 5.402 0 0 6.0022 173.1624 195.6826 Tm (Shangdong Longyuan Hengxin )Tj -0.222 -1.2 Td (Wind Power Generation Co., Ltd.)Tj 6.0022 0 0 6.0022 258.4776 169.0579 Tm (98.70)Tj 0.39 -1.2 Td (MW)Tj 5.402 0 0 6.0022 178.8675 169.0579 Tm (Longyuan Huitai \(Binzhou\) )Tj -1.139 -1.2 Td (Wind Power Generaion Co., Ltd.)Tj 6.0022 0 0 6.0022 258.4776 143.0599 Tm (98.20)Tj 0.39 -1.2 Td (MW)Tj 5.402 0 0 6.0022 186.3734 142.5227 Tm (Longyuan Linyi Wind)Tj -1.389 -1.2 Td (Power Generation Co., Ltd.)Tj 0.611 27.601 Td (Longyuan Suzhou Wind )Tj -0.611 -1.2 Td (Power Generation Co., Ltd.)Tj -0.473 -3.205 Td (Hanshan Longyuan Meishan )Tj -0.805 -1.2 Td (Wind Power Generation Co., Ltd.)Tj 6.0022 0 0 6.0022 258.4776 274.5506 Tm (48.30)Tj 0.39 -1.2 Td (MW)Tj -0.668 -3.195 Td (244.00)Tj 0.668 -1.2 Td (MW)Tj -0.001 Tc 5.402 0 0 6.0022 174.2186 250.5735 Tm (China Longyuan Power Group )Tj 0 Tc 2.604 -1 Td (Anhui New Energy )Tj 0.001 Tc -0.757 -1 Td (Development Co., Ltd.)Tj 0 Tc -1.826 -20.31 Td (Her)Tj 1.593 0 Td (o Asia \(Changdao\) Wind)Tj ( )Tj -1.214 -1.2 Td (Power Generation Co., Ltd.)Tj 24.772 62.754 Td (Her)Tj 1.593 0 Td (o Asia \(Ningyang\) Wind)Tj -1.687 -1.2 Td ( Power Generation Co., Ltd.)Tj 4.8018 0 0 6.0022 303.8052 458.8243 Tm (Guodian Shandong Jinan Longyuan )Tj 0.862 -1.2 Td (Wind Power Generation Co., Ltd.)Tj 6.0022 0 0 6.0022 392.7731 458.8243 Tm (49.50)Tj 0.39 -1.2 Td (MW)Tj 4.5017 0 0 6.0022 306.6412 432.8305 Tm (Guodian Shandong Longyuan Linqu)Tj 0.64 -1.2 Td ( Wind Power Generation Co., Ltd.)Tj 6.0022 0 0 6.0022 392.7731 432.8305 Tm (48.00)Tj 0.39 -1.2 Td (MW)Tj 5.402 0 0 6.0022 311.6489 406.3781 Tm (Longyuan \(Dezhou\) Wind )Tj -0.222 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0022 0 0 6.0022 391.1046 353.3142 Tm (146.00)Tj 0.668 -1.2 Td (MW)Tj 5.402 0 0 6.0022 314.9501 353.3142 Tm (Tianjin Longyuan Wind )Tj -0.834 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0022 0 0 6.0022 392.7731 327.3948 Tm (48.00)Tj 0.39 -1.2 Td (MW)Tj 4.5017 0 0 6.0022 306.5608 327.3948 Tm (Longyuan \(Tianjin Binhai New Ar)Tj 14.543 0 Td (ea\) )Tj -13.746 -1.2 Td (Wind Power Generation Co., Ltd.)Tj 6.0022 0 0 6.0022 391.1046 300.9892 Tm (642.00)Tj 0.668 -1.2 Td (MW)Tj 5.402 0 0 6.0022 312.6969 300.9898 Tm (Longyuan Guizhou Wind )Tj -0.416 -1.2 Td (Power Generation Co., Ltd.)Tj -0.362 -3.205 Td (Guodian Longyuan Songtao )Tj -0.916 -1.2 Td (Wind Power Generation Co., Ltd.)Tj 6.0022 0 0 6.0022 392.7731 247.5724 Tm (49.50)Tj 0.39 -1.2 Td (MW)Tj 5.402 0 0 6.0022 310.7444 247.5724 Tm (Guodian Longyuan Duyun)Tj ( )Tj -1.333 -1.2 Td (Wind Power Generation Co., Ltd.)Tj 6.0022 0 0 6.0022 391.1046 222.0342 Tm (298.50)Tj 0.668 -1.2 Td (MW)Tj 5.402 0 0 6.0022 314.65 222.0342 Tm (Shanxi Longyuan Wind )Tj -0.778 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0022 0 0 6.0022 392.7731 195.6826 Tm (99.00)Tj 0.39 -1.2 Td (MW)Tj 5.402 0 0 6.0022 304.84 195.6826 Tm (Guodian Shanxi Jieneng Y)Tj 11.746 0 Td (ouyu )Tj -11.986 -1.2 Td (Wind Power Generation Co., Ltd.)Tj 6.0022 0 0 6.0022 392.7731 169.0579 Tm (84.00)Tj 0.39 -1.2 Td (MW)Tj 5.402 0 0 6.0022 313.602 169.0573 Tm (Longyuan Ningwu Wind )Tj -0.584 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0022 0 0 6.0022 527.1575 486.1176 Tm (150.00)Tj 0.668 -1.2 Td (MW)Tj 5.402 0 0 6.0022 450.2163 486.1176 Tm (Longyuan Jingle Wind )Tj -0.945 -1.2 Td (Power Generation Co., Ltd.)Tj 0.555 -3.347 Td (Longyuan Heshun Wind )Tj -0.555 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0022 0 0 6.0022 392.7731 143.0599 Tm (49.50)Tj 0.39 -1.2 Td (MW)Tj 5.402 0 0 6.0022 311.347 143.0599 Tm (Longyuan Pianguan Wind )Tj -0.167 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0022 0 0 6.0022 392.7731 116.6609 Tm (49.50)Tj 0.39 -1.199 Td (MW)Tj 5.402 0 0 6.0022 315.8493 116.6609 Tm (Longyuan Kelan Wind )Tj -1 -1.2 Td (Power Generation Co., Ltd.)Tj 0.617 45.155 Td (Longyuan Guan County )Tj -1.895 -1.2 Td (Wind Power Generation Co., Ltd.)Tj ET q 150.133 53.88 445.142 657.065 re W n BT 6.0022 0 0 6.0022 736.4491 404.812 Tm (95.50)Tj 0.39 -1.2 Td (MW)Tj 5.402 0 0 6.0022 657.3104 404.8127 Tm (Guangxi Longyuan Wind )Tj -0.389 -1.2 Td (Power Generation Co., Ltd.)Tj 4.5017 0 0 4.5017 760.4875 406.7268 Tm (100%)Tj ET Q BT 5.402 0 0 6.0022 447.9606 432.8305 Tm (Longyuan Lanxian Wind )Tj -0.527 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0022 0 0 6.0022 528.8262 406.3781 Tm (49.50)Tj 0.39 -1.2 Td (MW)Tj -0.39 5.607 Td (49.50)Tj 0.39 -1.2 Td (MW)Tj 5.402 0 0 6.0022 443.4554 406.3781 Tm (Guodian Longyuan Shenchi )Tj -0.971 -1.2 Td (Wind Power Generation Co., Ltd.)Tj 6.0022 0 0 6.0022 528.8262 380.4827 Tm (49.50)Tj 0.39 -1.2 Td (MW)Tj 5.402 0 0 6.0022 443.9121 380.4827 Tm (Shanxi Guodian Jinke Wind )Tj 0.222 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0022 0 0 6.0022 527.1581 353.3148 Tm (396.50)Tj 0.668 -1.2 Td (MW)Tj 5.402 0 0 6.0022 448.2661 353.3148 Tm (Longyuan Ningxia Wind )Tj -0.584 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0022 0 0 6.0022 528.8262 327.3948 Tm (79.50)Tj 0.39 -1.2 Td (MW)Tj 5.402 0 0 6.0022 450.8213 327.3948 Tm (Ningxia Tianjing Wind )Tj -1.057 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0022 0 0 6.0022 528.8262 300.9892 Tm (98.70)Tj 0.39 -1.2 Td (MW)Tj 5.402 0 0 6.0022 449.9137 300.9898 Tm (Longyuan Litong Wind )Tj -0.889 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0022 0 0 6.0022 527.1581 274.5506 Tm (150.00)Tj 0.668 -1.2 Td (MW)Tj 5.402 0 0 6.0022 446.0591 274.55 Tm (Longyuan W)Tj 5.596 0 Td (uzhong Wind )Tj -5.771 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0022 0 0 6.0022 527.1581 247.5724 Tm (144.10)Tj 0.668 -1.2 Td (MW)Tj 5.402 0 0 6.0022 447.8124 247.5724 Tm (Longyuan Shaanxi Wind )Tj -0.5 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0022 0 0 6.0022 528.8262 222.0347 Tm (99.00)Tj 0.39 -1.2 Td (MW)Tj 5.402 0 0 6.0022 447.0639 222.0347 Tm (Longyuan Jingbian Wind )Tj -0.362 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0022 0 0 6.0022 528.8262 195.6826 Tm (50.00)Tj 0.39 -1.2 Td (MW)Tj 5.402 0 0 6.0022 446.4643 195.6826 Tm (Longyuan Dingbian Wind )Tj -0.251 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0022 0 0 6.0022 528.8262 169.0579 Tm (46.00)Tj 0.39 -1.2 Td (MW)Tj 5.402 0 0 6.0022 451.8639 169.0573 Tm (Longyuan Hengshan )Tj 0.029 -1.2 Td (New Energy Co., Ltd.)Tj ET q 150.133 53.88 445.142 657.065 re W n BT 6.0022 0 0 6.0022 736.4491 458.0152 Tm (60.00)Tj 0.39 -1.2 Td (MW)Tj 5.402 0 0 6.0022 660.9105 458.0152 Tm (Longyuan Le\222an Wind )Tj -1.055 -1.2 Td (Power Generation Co., Ltd.)Tj 4.5017 0 0 4.5017 760.4875 458.1761 Tm (100%)Tj 6.0022 0 0 6.0022 736.4491 484.0703 Tm (40.00)Tj 0.39 -1.2 Td (MW)Tj 5.402 0 0 6.0022 659.3146 484.0703 Tm (Longyuan Y)Tj 5.316 0 Td (ichun Wind )Tj -6.076 -1.2 Td (Power Generation Co., Ltd.)Tj 4.5017 0 0 4.5017 760.4875 485.0943 Tm (100%)Tj ET Q BT 5.402 0 0 6.0022 448.8652 116.6609 Tm (Jiangxi Longyuan Wind )Tj -0.695 -1.199 Td (Power Generation Co., Ltd.)Tj ET q 150.133 53.88 445.142 657.065 re W n BT 6.0022 0 0 6.0022 738.1177 431.082 Tm (7.50)Tj 0.112 -1.2 Td (MW)Tj 5.402 0 0 6.0022 661.0624 431.082 Tm (Longyuan Tibet Naqu )Tj 0.196 -1.2 Td (New Energy Co., Ltd.)Tj 4.5017 0 0 4.5017 760.4875 432.2669 Tm (100%)Tj ET Q BT 6.0022 0 0 6.0022 527.1575 143.0599 Tm (100.10)Tj 0.668 -1.2 Td (MW)Tj 5.402 0 0 6.0022 453.9647 143.0599 Tm 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759.8453 274.5765 Tm (100%)Tj 5.402 0 0 5.7436 649.9559 195.5632 Tm (Chaozhou Haishan Island Wind)Tj 0.473 -1.2 Td (Power Development Co., Ltd.)Tj 6.0022 0 0 6.0022 736.4491 195.6406 Tm (50.00)Tj 0.39 -1.2 Td (MW)Tj 3.6013 0 0 4.5017 759.233 195.3153 Tm (30.60%)Tj 5.402 0 0 5.7436 646.9062 170.2638 Tm (Guodian Y)Tj 4.632 0 Td (angjiang Hailing Island )Tj -4.373 -1.2 Td (Wind Power Generation Co., Ltd.)Tj 0.499 -3.569 Td (Guodian Longyuan Shaoguan )Tj -0.499 -1.2 Td (Wind Power Generation Co., Ltd.)Tj 5.678 -3.305 Td (Hubei Longyuan )Tj -0.944 -1.2 Td (New Energy Co., Ltd.)Tj 4.5017 0 0 4.5017 759.4191 117.2743 Tm (100%)Tj 5.402 0 0 6.0022 648.7507 247.393 Tm (Guangdong Guodian Longyuan )Tj -0.082 -1.2 Td (Wind Power Generation Co., Ltd.)Tj 6.0022 0 0 6.0022 736.4491 247.3923 Tm (25.74)Tj 0.39 -1.2 Td (MW)Tj 4.5017 0 0 4.5017 761.712 248.1727 Tm (51%)Tj 0 -17.307 TD (51%)Tj 0 -5.822 TD (51%)Tj 5.402 0 0 5.7436 649.6474 221.2737 Tm (Guodian Longyuan Longchuan )Tj 2.225 -1.2 Td (Wind Power Co., Ltd. )Tj 6.0022 0 0 6.0022 736.4491 221.2737 Tm (26.00)Tj 0.39 -1.2 Td (MW)Tj 4.5017 0 0 4.5017 761.712 222.0534 Tm (51%)Tj 6.0022 0 0 6.0022 871.1144 484.4994 Tm (48.00)Tj 0.39 -1.2 Td (MW)Tj 5.402 0 0 6.0022 791.8071 484.5 Tm (Longyuan Baokang Wind )Tj -0.278 -1.2 Td (Power Generation Co., Ltd.)Tj 4.5017 0 0 4.5017 895.4955 484.8878 Tm (100%)Tj 5.402 0 0 6.0022 785.8049 457.3875 Tm (Guodian Longyuan Jiangyong )Tj -0.444 -1.2 Td (Wind Power Generation Co., Ltd.)Tj 6.0022 0 0 6.0022 871.1144 457.3874 Tm (48.00)Tj 0.39 -1.2 Td (MW)Tj -0.39 -3.106 Td (50.00)Tj 0.39 -1.2 Td (MW)Tj 4.5017 0 0 4.5017 897.9625 458.7685 Tm (50%)Tj 5.402 0 0 6.0022 790.6006 431.3287 Tm (Guodian Longyuan Anhua )Tj -1.332 -1.2 Td (Wind Power Generation Co., Ltd.)Tj 4.5017 0 0 4.5017 897.9625 433.4829 Tm (50%)Tj 5.402 0 0 6.0022 797.6652 380.0679 Tm (Guodian Chongqing )Tj -3.279 -1.2 Td (Wind Power Development Co., Ltd. )Tj 6.0022 0 0 6.0022 869.4458 380.0679 Tm (209.50)Tj 0.668 -1.2 Td (MW)Tj 4.5017 0 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0 0 4.5017 1029.7954 89.1498 Tm (100%)Tj 5.402 0 0 6.0022 932.2351 193.8975 Tm (Xinjiang Wind Power )Tj -2.558 -1.2 Td (Engineering Consultant Co., Ltd.)Tj 4.5017 0 0 4.5017 1029.7954 194.3213 Tm (100%)Tj 5.402 0 0 6.0022 927.2773 246.5719 Tm (Longyuan \(Beijing\) Solar )Tj -0.696 -1.2 Td (Energy T)Tj 3.89 0 Td (echnology Co., Ltd.)Tj 4.5017 0 0 4.5017 1029.7954 246.9806 Tm (100%)Tj 4.8018 0 0 6.0022 920.921 272.8538 Tm (Longyuan \(Beijing\) Carbon Assets)Tj -0.168 -1.2 Td ( Management T)Tj 6.891 0 Td (echnology Co., Ltd.)Tj 4.5017 0 0 4.5017 1029.7954 274.3214 Tm (100%)Tj 5.402 0 0 6.0022 919.0242 299.3416 Tm (Longyuan \(Beijing\) Wind Power )Tj 0.619 -1.2 Td (Pr)Tj 0.926 0 Td (ojects T)Tj 3.391 0 Td (echnology Co., Ltd.)Tj 4.5017 0 0 4.5017 1029.7954 300.5949 Tm (100%)Tj 4.5017 0 0 6.0022 925.4767 325.7796 Tm (Longyuan \(Beijing\) Wind Power )Tj -1.799 -1.2 Td (Pr)Tj 0.926 0 Td (ojects Design & Consultation Co., Ltd.)Tj 4.5017 0 0 4.5017 1029.7954 326.411 Tm (100%)Tj 6.0022 0 0 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(o Asia Investment Limited)Tj ET q 0 55.256 447.598 656.901 re W n BT 6.3504 0 0 6.3504 -164.042 586.3767 Tm (Her)Tj 1.52 0 Td (o Asia \(BVI\) Company Limited)Tj ET Q BT 6.3494 0 0 6.3494 108.273 570.5278 Tm (100%)Tj 4.7621 0 0 4.7621 225.5864 568.2523 Tm (100%)Tj ET q 0 55.256 447.598 656.901 re W n BT 0.024 Tc -0.024 Tw 5.7207 0 0 5.7207 -381.9058 63.5536 Tm (Wi)Tj 0 Tc 0 Tw 1.116 0 Td (nd powe)Tj (r)Tj -0.408 -1.2 Td (busines)Tj (s)Tj 15.815 1.2 Td (Coal power)Tj 0.576 -1.2 Td (business)Tj /T1_2 1 Tf -25.88 3.097 Td (Major Subsidiaries:)Tj /T1_1 1 Tf 61.268 -1.897 Td (Other)Tj ( )Tj -1.028 -1.2 Td (enterprises)Tj -18.851 1.2 Td (Other new energy)Tj 1.937 -1.2 Td (busines)Tj (s)Tj 5.402 0 0 6.0023 -410.6255 483.4987 Tm (Longyuan \(Bayannur\))Tj -2.614 -1.2 Td (W)Tj 0.931 0 Td (ind Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 -341.3444 483.9711 Tm (246.90)Tj 0.659 -1.2 Td (MW)Tj 5.402 0 0 6.0023 -408.0244 457.1452 Tm (Longyuan \(Baotou\))Tj -3.096 -1.2 Td (W)Tj 0.931 0 Td (ind Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 -341.3444 457.1452 Tm (201.00)Tj 0.659 -1.2 Td (MW)Tj 5.402 0 0 6.0023 -409.8747 433.9873 Tm (Longyuan \(Siziwang\))Tj -2.753 -1.2 Td (W)Tj 0.931 0 Td (ind Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 -339.6763 435.1512 Tm (49.50)Tj 0.381 -1.2 Td (MW)Tj 5.402 0 0 6.0023 -406.6713 409.9555 Tm (Longyuan Damao)Tj -3.346 -1.2 Td (W)Tj 0.931 0 Td (ind Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 -341.3444 410.7238 Tm (300.70)Tj 0.659 -1.2 Td (MW)Tj 5.402 0 0 6.0023 -421.0322 384.6092 Tm (Longyuan \(W)Tj 5.65 0 Td (ulatehou Banner\))Tj -6.338 -1.2 Td (W)Tj 0.931 0 Td (ind Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 -339.6763 385.2022 Tm (99.00)Tj 0.381 -1.2 Td (MW)Tj 5.402 0 0 6.0023 -420.3789 359.8835 Tm (Guodian W)Tj 4.816 0 Td (uchuan Hongshan)Tj -3.124 -1.2 Td (W)Tj 0.931 0 Td (ind Power Co., Ltd)Tj (.)Tj 6.0023 0 0 6.0023 -339.6763 359.8835 Tm (49.50)Tj 0.381 -1.2 Td (MW)Tj 5.402 0 0 6.0023 -406.1203 335.9315 Tm (Longyuan Xinghe)Tj -3.448 -1.2 Td (W)Tj 0.931 0 Td (ind Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 -339.6763 335.9315 Tm (99.50)Tj 0.381 -1.2 Td (MW)Tj 5.402 0 0 6.0023 -406.3173 288.3625 Tm (Chifeng Xinsheng)Tj -3.412 -1.2 Td (W)Tj 0.931 0 Td (ind Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 -341.3444 288.3625 Tm (150.00)Tj 0.659 -1.2 Td (MW)Tj -0.659 5.198 Td (198.00)Tj 0.659 -1.2 Td (MW)Tj 5.402 0 0 6.0023 -407.1707 263.7184 Tm (Chifeng Longyuan)Tj -3.254 -1.2 Td (W)Tj 0.931 0 Td (ind Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 -341.3444 263.7184 Tm (148.00)Tj 0.659 -1.2 Td (MW)Tj 5.402 0 0 6.0023 -287.2473 457.1452 Tm (Yichun Longyuan Her)Tj 9.237 0 Td (o Asia )Tj -10.317 -1.2 Td (W)Tj 0.931 0 Td (ind Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 -205.8063 457.1452 Tm (99.00)Tj 0.381 -1.2 Td (MW)Tj 5.402 0 0 6.0023 -280.3705 433.4051 Tm (Hailin Longyuan W)Tj 8.044 0 Td (ind )Tj -9.145 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 -205.8063 432.8234 Tm (20.40)Tj 0.381 -1.2 Td (MW)Tj 5.402 0 0 6.0023 -282.5715 409.1866 Tm (Fuyuan Longyuan )Tj 0.024 Tc -0.024 Tw (Wi)Tj 0 Tc 0 Tw 9.044 0 Td (nd)Tj ( )Tj -9.737 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 -205.8063 408.4177 Tm (31.50)Tj 0.381 -1.2 Td (MW)Tj -22.684 -30.982 Td (99.00)Tj 0.381 -1.2 Td (MW)Tj -0.659 5.244 Td (945.20)Tj 0.659 -1.2 Td (MW)Tj 5.402 0 0 6.0023 -419.7303 239.5275 Tm (Chifeng Longyuan Songzhou)Tj -0.929 -1.2 Td (W)Tj 0.931 0 Td (ind Power Generation Co., Ltd.)Tj 0.915 -2.844 Td (Longyuan \(Xing\222anmeng\))Tj -1.846 -1.2 Td (W)Tj 0.931 0 Td (ind Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 -339.6763 191.174 Tm (49.50)Tj 0.381 -1.2 Td (MW)Tj 5.402 0 0 6.0023 -420.932 191.174 Tm (Longyuan \(Keyouqian Banner\))Tj -0.707 -1.2 Td (W)Tj 0.931 0 Td (ind Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 -341.3444 166.5534 Tm (112.30)Tj 0.659 -1.2 Td (MW)Tj -0.381 -2.775 Td (49.30)Tj 0.381 -1.2 Td (MW)Tj 5.402 0 0 6.0023 -407.2493 166.5534 Tm (Yichun Xing\222anlin)Tj 7.29 0 Td (g)Tj -10.529 -1.2 Td (W)Tj 0.931 0 Td (ind Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 -207.4755 483.0263 Tm (139.60)Tj 0.659 -1.2 Td (MW)Tj 5.402 0 0 6.0023 -406.1499 142.6938 Tm (Yichun Longyuan)Tj -3.443 -1.2 Td (W)Tj 0.931 0 Td (ind Power Generation Co., Ltd.)Tj 26.668 57.822 Td (Huanan Longyuan)Tj -3.226 -1.2 Td (W)Tj 0.931 0 Td (ind Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 -71.4471 482.0809 Tm (50.00)Tj 0.381 -1.2 Td (MW)Tj -0.381 -2.954 Td (99.00)Tj 0.381 -1.2 Td (MW)Tj -0.381 -11.181 Td (98.60)Tj 0.381 -1.2 Td (MW)Tj -0.659 5.335 Td (141.30)Tj 0.659 -1.2 Td (MW)Tj -0.659 -6.758 Td (148.50)Tj 0.659 -1.2 Td (MW)Tj -22.766 -34.985 Td (49.50)Tj 0.381 -1.2 Td (MW)Tj 21.726 21.363 Td (148.50)Tj 0.659 -1.2 Td (MW)Tj -0.659 9.303 Td (614.80)Tj 0.659 -1.2 Td (MW)Tj ET Q BT 5.0506 0 0 5.0506 334.8513 544.1077 Tm (99.10)Tj 0.382 -1.2 Td (MW)Tj ET q 0 55.256 447.598 656.901 re W n BT 5.402 0 0 6.0023 -146.5467 239.5275 Tm (Hebei Longyuan )Tj 0.024 Tc -0.024 Tw (Wi)Tj 0 Tc 0 Tw 8.415 0 Td (nd )Tj -9.423 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 -73.1157 239.5275 Tm (398.10)Tj 0.659 -1.2 Td (MW)Tj 5.402 0 0 6.0023 -155.1521 215.2562 Tm (Longyuan \(Zhangjiakou\) W)Tj 11.416 0 Td (ind )Tj -10.831 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 -73.1157 215.2556 Tm (425.50)Tj 0.659 -1.2 Td (MW)Tj 5.402 0 0 6.0023 -151.9 191.174 Tm (Longyuan \(Zhangbei\) W)Tj 10.212 0 Td (ind )Tj -10.229 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 -71.4471 191.174 Tm (99.00)Tj 0.381 -1.2 Td (MW)Tj 5.402 0 0 6.0023 -144.7424 166.554 Tm (Gansu Jieyuan W)Tj 7.562 0 Td (ind)Tj ( )Tj /T1_3 1 Tf -8.904 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 -73.1157 166.554 Tm (340.30)Tj 0.659 -1.2 Td (MW)Tj 5.402 0 0 6.0023 -143.0407 142.6938 Tm (Gansu Xin\222an )Tj 0.024 Tc -0.024 Tw (Wi)Tj 0 Tc 0 Tw 7.117 0 Td (nd)Tj ( )Tj -8.774 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 -71.4471 142.6938 Tm (99.00)Tj 0.381 -1.2 Td (MW)Tj ET Q BT /T1_3 1 Tf 5.402 0 0 6.0023 61.3342 481.8655 Tm (Longyuan \(Jiuquan\) )Tj 0.024 Tc -0.024 Tw (Wi)Tj 0 Tc 0 Tw 9.785 0 Td (nd)Tj ( )Tj -10.108 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 136.756 481.8649 Tm (550.50)Tj 0.659 -1.2 Td (MW)Tj -13.255 -2.919 Td (Gansu Longyuan W)Tj 8.544 0 Td (ind )Tj -9.395 -1.2 Td (Power Generation Co., Ltd.)Tj 13.447 1.2 Td (300.00)Tj 0.659 -1.2 Td (MW)Tj 5.402 0 0 6.0023 62.98 434.0029 Tm (Xinjiang T)Tj 4.136 0 Td (ianfeng Power )Tj -6.013 -1.2 Td (Generation Joint Stock Company)Tj 6.0023 0 0 6.0023 136.756 434.0029 Tm (249.30)Tj 0.659 -1.2 Td (MW)Tj 5.402 0 0 6.0023 62.9362 408.8907 Tm (Xinjiang Longyuan )Tj 0.024 Tc -0.024 Tw (Wi)Tj 0 Tc 0 Tw 9.192 0 Td (nd)Tj ( )Tj -9.811 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 136.756 408.8907 Tm (247.50)Tj 0.659 -1.2 Td (MW)Tj 5.402 0 0 6.0023 63.336 385.2353 Tm (Longyuan Balikun W)Tj 8.859 0 Td (ind)Tj ( )Tj -9.552 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 136.756 385.2358 Tm (398.00)Tj 0.659 -1.2 Td (MW)Tj -11.716 -2.751 Td (Longyuan Hami )Tj -1.121 -1.2 Td (New Energy Co., Ltd.)Tj 5.402 0 0 6.0023 58.2826 337.0222 Tm (Longyuan Alashankou )Tj 0.024 Tc -0.024 Tw (Wi)Tj 0 Tc 0 Tw 10.915 0 Td (nd)Tj ( )Tj -10.673 -1.2 Td (Power Generation Co., Ltd.)Tj 1.163 -2.856 Td (Bu\222erjin T)Tj 4.081 0 Td (ianrun W)Tj 3.839 0 Td (ind)Tj ( )Tj -9.083 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 136.756 361.5233 Tm (201.00)Tj 0.659 -1.2 Td (MW)Tj -0.659 -2.882 Td (198.00)Tj 0.659 -1.2 Td (MW)Tj -0.381 -2.856 Td (49.50)Tj 0.381 -1.2 Td (MW)Tj 5.402 0 0 6.0023 57.0456 288.2892 Tm (Guodian Xinjiang Alashankou )Tj -1.262 -1.2 Td (W)Tj 0.931 0 Td (ind Power Development Co., Ltd.)Tj 6.0023 0 0 6.0023 138.4247 288.2886 Tm (99.00)Tj 0.381 -1.2 Td (MW)Tj ET q 0 55.256 447.598 656.901 re W n BT 5.402 0 0 6.0023 -283.2419 384.0168 Tm (Yilan Longyuan Huineng )Tj -1.822 -1.2 Td (W)Tj 0.931 0 Td (ind Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 -205.8063 383.4237 Tm (98.60)Tj 0.381 -1.2 Td (MW)Tj 5.402 0 0 6.0023 -276.511 359.8835 Tm (Hegang Longyuan )Tj -3.068 -1.2 Td (W)Tj 0.931 0 Td (ind Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 -205.8063 359.8835 Tm (49.30)Tj 0.381 -1.2 Td (MW)Tj -0.381 -2.791 Td (49.50)Tj 0.381 -1.2 Td (MW)Tj 5.402 0 0 6.0023 -284.5624 335.9315 Tm (Shuangyashan Longyuan )Tj -1.578 -1.2 Td (W)Tj 0.931 0 Td (ind Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 -205.8063 263.7184 Tm (48.30)Tj 0.381 -1.2 Td (MW)Tj -0.659 -2.83 Td (536.90)Tj 0.659 -1.2 Td (MW)Tj -0.659 -2.844 Td (200.60)Tj 0.659 -1.2 Td (MW)Tj 5.402 0 0 6.0023 -281.772 312.3577 Tm (Harbin Longyuan W)Tj 8.563 0 Td (ind)Tj ( )Tj -9.265 -1.2 Td (Power Generation Co., Lt)Tj (d)Tj 0.582 -2.798 Td (Hailin Chenguang W)Tj 8.804 0 Td (ind )Tj -9.525 -1.2 Td (Power Generation Co., Ltd.)Tj -0.111 Tc 0.111 Tw 0.683 -2.906 Td (To)Tj 0 Tc 0 Tw 1.001 0 Td (nghe Longyuan W)Tj 7.878 0 Td (ind)Tj ( )Tj -9.562 -1.2 Td (Power Generation Co., Ltd.)Tj 1.462 -6.874 Td (Jilin Longyuan W)Tj 7.321 0 Td (ind )Tj -8.783 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 -205.8069 191.174 Tm (49.30)Tj 0.381 -1.2 Td (MW)Tj 5.402 0 0 6.0023 -277.0104 191.174 Tm (Longyuan \(T)Tj 5.206 0 Td (ongyu\) )Tj -8.181 -1.2 Td (W)Tj 0.931 0 Td (ind Power Generation Co., Ltd.)Tj 0.181 -2.902 Td (Longyuan \(Changling\) W)Tj 10.527 0 Td (ind )Tj -10.386 -1.2 Td (Power Generation Co., Ltd.)Tj -0.111 Tc 0.111 Tw 1.518 -2.775 Td (To)Tj 0 Tc 0 Tw 1.001 0 Td (ngyu Xingfa W)Tj 6.21 0 Td (ind )Tj -8.728 -1.2 Td (Power Generation Co., Ltd.)Tj 25.43 57.665 Td (Y)Tj 0.519 0 Td (anbian Longyuan W)Tj 8.6 0 Td (ind )Tj -9.682 -1.2 Td (Power Generation Co., Ltd.)Tj 0.174 -2.876 Td (Longyuan \(Nong\222an\) )Tj 0.024 Tc -0.024 Tw (Wi)Tj 0 Tc 0 Tw 10.083 0 Td (nd)Tj ( )Tj -10.257 -1.2 Td (Power Generation Co., Ltd.)Tj 0.9 -2.949 Td (Jilin Dongfeng Longxin)Tj ( )Tj -0.9 -1.2 Td (Power Generation Co., Ltd.)Tj 0.11 -3.025 Td (Shenyang Longyuan W)Tj 10.027 0 Td (ind )Tj -10.136 -1.2 Td (Power Generation Co., Ltd.)Tj 0.885 -2.906 Td (T)Tj 0.58 0 Td (ieling Longyuan )Tj 0.024 Tc -0.024 Tw (Wi)Tj 0 Tc 0 Tw 8.081 0 Td (nd)Tj ( )Tj -9.546 -1.2 Td (Power Generation Co., Ltd.)Tj -0.862 -2.524 Td (Shenyang Longyuan Her)Tj 10.616 0 Td (o Asia )Tj -11.007 -1.2 Td (W)Tj 0.931 0 Td (ind Power Generation Co., Ltd.)Tj 1.442 -2.791 Td (Longyuan Fuxin W)Tj 8.006 0 Td (ind )Tj -9.126 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 -71.4471 288.3625 Tm (99.00)Tj 0.381 -1.2 Td (MW)Tj 3.8414 0 0 6.0023 -157.6022 288.3625 Tm (Hebei W)Tj 3.668 0 Td (eichang Longyuan Construction and )Tj -3.55 -1.2 Td (Investment W)Tj 5.912 0 Td (ind Power Generation Co., Ltd.)Tj 5.402 0 0 6.0023 -160.9563 263.7178 Tm (Longyuan Jiantou \(Chengde\) W)Tj 13.565 0 Td (ind )Tj -11.905 -1.2 Td (Power Generation Co., Ltd.)Tj ET Q BT 5.3435 0 0 5.3435 272.0619 544.0195 Tm (Longyuan Canada)Tj 0.334 -1.134 Td (Renewables Ltd.)Tj 4.7621 0 0 4.7621 225.5864 544.2493 Tm (100%)Tj 0 -5.362 TD (100%)Tj 5.3435 0 0 5.3435 261.42 568.7061 Tm (Longyuan Power Overseas )Tj 1.557 -1.134 Td (Investment Co., Ltd.)Tj ET q 0 55.256 447.598 656.901 re W n BT 6.0023 0 0 6.0023 -205.8069 166.5534 Tm (99.00)Tj 0.381 -1.2 Td (MW)Tj ET Q BT 5.3435 0 0 5.3435 267.0139 519.5338 Tm (Longyuan South Africa)Tj 0.203 -1.134 Td (Renewables \(Pty\) Ltd.)Tj ET q 0 55.256 447.598 656.901 re W n BT 5.402 0 0 6.0023 -416.1272 312.3571 Tm (Inner Mongolia Longyuan )Tj -2.057 -1.2 Td (New Energy Development Co., Ltd.)Tj -0.001 Tc 26.995 -10.934 Td (Heilongjiang Longyuan )Tj 0.005 Tc -0.005 Tw -2.628 -1.2 Td (Ne)Tj 0.016 Tc -0.016 Tw 1.228 0 Td (w )Tj 0 Tc 0 Tw (Energy Developm)Tj 8.619 0 Td (ent Co., Ltd.)Tj -0.002 Tc 4.8018 0 0 6.0023 -140.2293 312.9105 Tm (Liaoning Longyuan)Tj 0 Tc 8.12 0 Td ( )Tj 0.001 Tc -11.55 -1.2 Td (New Energy Development Co., Ltd.)Tj ET Q BT 5.0506 0 0 5.0506 333.4468 519.6221 Tm (244.50)Tj 0.66 -1.2 Td (MW)Tj ET q 0 55.256 447.598 656.901 re W n BT 4.5017 0 0 4.5017 -444.9453 481.9064 Tm (100%)Tj 0 -5.323 TD (100%)Tj 0 -5.024 TD (100%)Tj 0 -5.489 TD (100%)Tj 0 -5.346 TD (100%)Tj 0 -5.482 TD (100%)Tj 0 -5.751 TD (100%)Tj 0 -4.859 TD (100%)Tj 0.278 -5.145 Td (34%)Tj 3.6014 0 0 4.5017 -445.2959 265.8853 Tm (97.01%)Tj 4.5017 0 0 4.5017 -444.9453 242.3066 Tm (100%)Tj 29.73 47.901 Td (100%)Tj -29.73 -53.557 Td (100%)Tj 0 -5.432 TD (100%)Tj 3.6014 0 0 4.5017 -445.2959 167.4771 Tm (61.71%)Tj 4.5017 0 0 4.5017 -443.6939 143.4117 Tm (40%)Tj 29.73 75.193 Td (40%)Tj 0 -21.373 TD (92%)Tj 0 -5.238 TD (95%)Tj -0.278 -5.656 Td (100%)Tj 0.278 21.606 Td (51%)Tj -0.278 -5.145 Td (100%)Tj 0 -22.027 TD (100%)Tj 0.278 -5.348 Td (70%)Tj -0.278 -21.217 Td (100%)Tj 0 -5.145 TD (100%)Tj 0.278 21.141 Td (80%)Tj 3.6014 0 0 4.5017 -311.4609 216.2256 Tm (66.23%)Tj 4.5017 0 0 4.5017 -311.1104 143.7868 Tm (100%)Tj 29.641 75.109 Td (100%)Tj 0 -5.323 TD (100%)Tj 0.278 -5.49 Td (88%)Tj -29.919 -42.992 Td (100%)Tj 3.6014 0 0 4.5017 -178.0284 408.2124 Tm (98.60%)Tj 4.5017 0 0 4.5017 -177.6779 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(16.15)Tj 0.381 -1.2 Td (MW)Tj 4.8018 0 0 6.0023 191.3496 457.1399 Tm (Fujian Dongshan Aozaishan )Tj 0.024 Tc -0.024 Tw 12.17 0 Td (Wi)Tj 0 Tc 0 Tw 1.116 0 Td (nd )Tj -11.858 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 274.5287 457.1398 Tm (85.50)Tj 0.381 -1.2 Td (MW)Tj 5.402 0 0 6.0023 198.2522 434.0029 Tm (Longyuan \(Putian\) W)Tj 8.915 0 Td (ind )Tj -9.581 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 272.8601 434.0035 Tm (239.45)Tj 0.659 -1.2 Td (MW)Tj 5.402 0 0 6.0023 200.1068 408.8907 Tm (Fujian Longyuan )Tj 0.024 Tc -0.024 Tw (Wi)Tj 0 Tc 0 Tw 8.414 0 Td (nd)Tj ( )Tj -9.423 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 272.8601 408.8907 Tm (146.00)Tj 0.659 -1.2 Td (MW)Tj 5.402 0 0 6.0023 189.5489 385.2358 Tm (Fujian Longyuan Of)Tj 8.28 0 Td (fshor)Tj 2.13 0 Td (e W)Tj 1.728 0 Td (ind )Tj -11.192 -1.2 Td (Power Generation Co., Ltd.)Tj -24.594 -35.224 Td (Longyuan Pingtan W)Tj 8.989 0 Td (ind)Tj ( )Tj -9.617 -1.2 Td (Power Generation Co., Ltd.)Tj 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(MW)Tj 3.6014 0 0 4.5017 298.5618 288.2707 Tm (76.29%)Tj 5.402 0 0 6.0023 200.0048 214.015 Tm (Longyuan Xianju W)Tj 8.266 0 Td (ind )Tj -9.256 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 274.5287 215.6007 Tm (28.80)Tj 0.381 -1.2 Td (MW)Tj 4.5017 0 0 4.5017 298.91 215.2671 Tm (100%)Tj 5.402 0 0 6.0023 198 337.0215 Tm (Zhejiang Cangnan W)Tj 9.008 0 Td (ind )Tj -9.627 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 274.5287 337.0215 Tm (21.80)Tj 0.381 -1.2 Td (MW)Tj 4.5017 0 0 4.5017 300.1644 337.1584 Tm (90%)Tj 6.0023 0 0 6.0023 274.5287 312.6788 Tm (21.30)Tj 0.381 -1.2 Td (MW)Tj 5.402 0 0 6.0023 201.8055 312.6788 Tm (Zhejiang Linhai W)Tj 7.599 0 Td (ind )Tj -8.922 -1.2 Td (Power Generation Co., Ltd.)Tj 4.5017 0 0 4.5017 300.1644 311.9904 Tm (90%)Tj 6.0023 0 0 6.0023 272.8601 191.1356 Tm (150.00)Tj 0.659 -1.2 Td (MW)Tj 5.402 0 0 6.0023 198.6543 190.6398 Tm (Jiangsu Longyuan )Tj 0.024 Tc -0.024 Tw (Wi)Tj 0 Tc 0 Tw 9.229 0 Td (nd)Tj -10.108 -1.2 Td ( Power Generation 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(300.00)Tj 0.668 -1.2 Td (MW)Tj 3.6014 0 0 4.5017 433.0603 337.2388 Tm (78.10%)Tj 5.402 0 0 6.0023 320.8841 312.7869 Tm (Sheyang Longyuan Wind Power )Tj 2.75 -1.2 Td (Generation Co., Ltd.)Tj 4.5017 0 0 4.5017 434.663 312.0708 Tm (60%)Tj 5.402 0 0 6.0023 328.483 288.3973 Tm (Longyuan Y)Tj 5.244 0 Td (ancheng New )Tj -6.123 -1.2 Td (Energy Development Co., Ltd.)Tj -0.039 -2.744 Td (Longyuan Guoneng Of)Tj 10.211 0 Td (f-shor)Tj 2.538 0 Td (e )Tj -13.386 -1.2 Td (Wind Power \(Y)Tj 6.464 0 Td (ancheng\) Co., Ltd.)Tj 4.5017 0 0 4.5017 431.5298 264.5432 Tm (56.13%)Tj 0.696 5.474 Td (51%)Tj 5.402 0 0 6.0023 327.2646 238.0504 Tm (Hainan Longyuan Wind )Tj -0.694 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 410.2396 238.0504 Tm (99.00)Tj 0.39 -1.2 Td (MW)Tj 4.5017 0 0 4.5017 433.4085 239.764 Tm (100%)Tj 5.402 0 0 6.0023 326.7605 214.123 Tm (Y)Tj 0.574 0 Td (unnan Longyuan Wind )Tj -1.175 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 408.571 214.5972 Tm (439.50)Tj 0.668 -1.2 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l -0.757 -24.19 m -26.658 -24.19 l 0 -48.723 m -25.902 -48.723 l -0.339 -72.569 m -26.24 -72.569 l -0.339 -97.61 m -26.24 -97.61 l 0 -121.799 m -26.098 -121.799 l 0 -145.989 m -26.323 -145.989 l 0 -169.327 m -26.299 -169.327 l 328.724 171.02 m 302.822 171.02 l 328.724 145.98 m 302.822 145.98 l 328.724 121.79 m 302.822 121.79 l S Q Q 0 0 0 0.2 k 430.095 300.346 116.569 18.969 re f* 0.51 0 0.7 0 k 430.945 301.197 116.57 18.969 re f* 0 0 0 0.2 k 430.095 276.057 116.569 18.968 re f* 0.51 0 0.7 0 k 430.945 276.908 116.57 18.968 re f* 0 0 0 0.2 k 430.095 251.767 116.569 18.969 re f* 0.51 0 0.7 0 k 430.945 252.618 116.57 18.969 re f* 0 0 0 0.2 k 430.095 227.477 116.569 18.969 re f* 0.51 0 0.7 0 k 430.945 228.327 116.57 18.97 re f* 0 0 0 0.2 k 430.095 203.186 116.569 18.97 re f* 0.51 0 0.7 0 k 430.945 204.037 116.57 18.97 re f* 0 0 0 0.2 k 430.095 178.896 116.569 18.97 re f* 0.51 0 0.7 0 k 430.945 179.747 116.57 18.97 re f* 0 0 0 0.2 k 430.095 154.606 116.569 18.97 re f* 0.51 0 0.7 0 k 430.945 155.458 116.57 18.97 re f* 0 0 0 0.2 k 430.095 130.317 116.569 18.97 re f* 0.51 0 0.7 0 k 430.945 131.168 116.57 18.97 re f* q 148.58 55.256 446.695 656.901 re W n q 1 0 0 1 745.3471 514.4613 cm 0 0 m 0 75.199 l -35.327 177.966 m 36.104 177.966 l -68.057 167.583 m -68.057 154.151 l 209.137 154.151 l 209.137 177.665 l -343.834 -13.28 m -343.834 74.313 l 70.695 74.313 l 70.695 122.747 l -363.614 -13.3 m -363.614 94.884 l 70.899 94.884 l S Q Q 0 0 0 0.2 k 540.587 578.406 -118.927 18.573 re f* 0.13 0.29 0 0 k 539.736 579.653 -118.927 18.573 re f* 0.51 0 0.7 0 k 209.72 57.827 -46.255 9.351 re f* 0.5 0 0 0 k 396.206 57.827 -46.254 9.351 re f* 0.13 0.29 0 0 k 502.07 57.827 -46.255 9.351 re f* 0 0.35 0.85 0 k 302.132 57.827 -46.255 9.351 re f* q 148.58 55.256 446.695 656.901 re W n BT 1 0.75 0 0 k /C0_0 1 Tf 0.1 Tc -0.1 Tw 9.4628 0 0 9.4628 767.9881 638.5464 Tm <13B20E550F6502620DAB0FA00670038503DE082202AE0321>Tj /T1_2 1 Tf 0 Tc 0 Tw 5.1104 0 0 5.1104 767.8862 631.794 Tm (China Longyuan Power 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l 741.443 639.464 l 744.264 642.285 l 741.162 641.608 738.26 640.395 735.658 638.749 c 746.094 628.314 l 750.042 632.264 l 753.991 628.314 l 764.429 638.748 l 763.072 639.605 761.638 640.345 760.131 640.952 c W n q 735.658 642.907 28.771 -14.593 re W n q 0 g 0 -8.917547 -8.917547 -0 750.0414809 643.27387 cm BX /Sh0 sh EX Q Q Q Q q 148.58 55.256 446.695 656.901 re W n BT 0 0 0 1 k /T1_2 1 Tf 0 Tc 6.3494 0 0 6.3494 818.0648 672.2171 Tm (57.27%)Tj 6.3504 0 0 6.3504 774.7527 706.8862 Tm (Shar)Tj 1.983 0 Td (eholders of the Company)Tj -21.556 -2.071 Td (Guodian Northeast)Tj -1.039 -1.134 Td (Electric Power Co., Ltd.)Tj 24.354 0.659 Td (CHN Energy)Tj 21.235 -0.092 Td (H Shar)Tj 2.965 0 Td (eholders)Tj 6.3494 0 0 6.3494 680.5767 672.2171 Tm (1.17%)Tj 43.627 0 Td (41.56%)Tj 7.1427 0 0 7.1427 947.4796 635.4453 Tm (The Company)Tj ET Q BT 0 0 0 1 k /T1_2 1 Tf 0 Tc 6.3494 0 0 6.3494 471.298 570.5278 Tm (100%)Tj ET q 148.58 55.256 446.695 656.901 re W n BT 6.3504 0 0 6.3504 670.3982 586.3767 Tm (Her)Tj 1.52 0 Td (o Asia Investment Limited)Tj ET Q BT 6.3504 0 0 6.3504 431.2336 586.3767 Tm (Her)Tj 1.52 0 Td (o Asia \(BVI\) Company Limited)Tj ET q 148.58 55.256 446.695 656.901 re W n BT 6.3494 0 0 6.3494 703.5486 570.5278 Tm (100%)Tj 4.7621 0 0 4.7621 820.862 568.2523 Tm (100%)Tj ET Q BT 0.024 Tc -0.024 Tw 5.7207 0 0 5.7207 213.3698 63.5536 Tm (Wi)Tj 0 Tc 0 Tw 1.116 0 Td (nd powe)Tj (r)Tj ET q 148.58 55.256 446.695 656.901 re W n BT 5.7207 0 0 5.7207 217.4178 56.6869 Tm (busines)Tj (s)Tj ET Q BT 5.7207 0 0 5.7207 307.8897 63.5536 Tm (Coal power)Tj ET q 148.58 55.256 446.695 656.901 re W n BT 5.7207 0 0 5.7207 311.1849 56.6869 Tm (business)Tj ET Q BT /T1_3 1 Tf 5.7207 0 0 5.7207 163.1369 74.4056 Tm (Major Subsidiaries:)Tj /T1_2 1 Tf 61.268 -1.897 Td (Other)Tj ( )Tj ET q 148.58 55.256 446.695 656.901 re W n BT 5.7207 0 0 5.7207 507.7509 56.6869 Tm (enterprises)Tj ET Q BT 5.7207 0 0 5.7207 399.9096 63.5536 Tm (Other new energy)Tj ET q 148.58 55.256 446.695 656.901 re W n BT 5.7207 0 0 5.7207 410.9928 56.6869 Tm (busines)Tj (s)Tj ET Q BT 5.402 0 0 6.0023 184.6501 483.4987 Tm (Longyuan \(Bayannur\))Tj -2.614 -1.2 Td (W)Tj 0.931 0 Td (ind Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 253.9312 483.9711 Tm (246.90)Tj 0.659 -1.2 Td (MW)Tj 5.402 0 0 6.0023 187.2512 457.1452 Tm (Longyuan \(Baotou\))Tj -3.096 -1.2 Td (W)Tj 0.931 0 Td (ind Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 253.9312 457.1452 Tm (201.00)Tj 0.659 -1.2 Td (MW)Tj 5.402 0 0 6.0023 185.401 433.9873 Tm (Longyuan \(Siziwang\))Tj -2.753 -1.2 Td (W)Tj 0.931 0 Td (ind Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 255.5993 435.1512 Tm (49.50)Tj 0.381 -1.2 Td (MW)Tj 5.402 0 0 6.0023 188.6043 409.9555 Tm (Longyuan Damao)Tj -3.346 -1.2 Td (W)Tj 0.931 0 Td (ind Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 253.9312 410.7238 Tm (300.70)Tj 0.659 -1.2 Td (MW)Tj 5.402 0 0 6.0023 174.2434 384.6092 Tm (Longyuan \(W)Tj 5.65 0 Td (ulatehou Banner\))Tj -6.338 -1.2 Td (W)Tj 0.931 0 Td (ind Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 255.5993 385.2022 Tm (99.00)Tj 0.381 -1.2 Td (MW)Tj 5.402 0 0 6.0023 174.8967 359.8835 Tm (Guodian W)Tj 4.816 0 Td (uchuan Hongshan)Tj -3.124 -1.2 Td (W)Tj 0.931 0 Td (ind Power Co., Ltd)Tj (.)Tj 6.0023 0 0 6.0023 255.5993 359.8835 Tm (49.50)Tj 0.381 -1.2 Td (MW)Tj 5.402 0 0 6.0023 189.1553 335.9315 Tm (Longyuan Xinghe)Tj -3.448 -1.2 Td (W)Tj 0.931 0 Td (ind Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 255.5993 335.9315 Tm (99.50)Tj 0.381 -1.2 Td (MW)Tj 5.402 0 0 6.0023 188.9583 288.3625 Tm (Chifeng Xinsheng)Tj -3.412 -1.2 Td (W)Tj 0.931 0 Td (ind Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 253.9312 288.3625 Tm (150.00)Tj 0.659 -1.2 Td (MW)Tj -0.659 5.198 Td (198.00)Tj 0.659 -1.2 Td (MW)Tj 5.402 0 0 6.0023 188.1049 263.7184 Tm (Chifeng Longyuan)Tj -3.254 -1.2 Td (W)Tj 0.931 0 Td (ind Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 253.9312 263.7184 Tm (148.00)Tj 0.659 -1.2 Td (MW)Tj 5.402 0 0 6.0023 308.0284 457.1452 Tm (Yichun Longyuan Her)Tj 9.237 0 Td (o Asia )Tj -10.317 -1.2 Td (W)Tj 0.931 0 Td (ind Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 389.4693 457.1452 Tm (99.00)Tj 0.381 -1.2 Td (MW)Tj 5.402 0 0 6.0023 314.9051 433.4051 Tm (Hailin Longyuan W)Tj 8.044 0 Td (ind )Tj -9.145 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 389.4693 432.8234 Tm (20.40)Tj 0.381 -1.2 Td (MW)Tj 5.402 0 0 6.0023 312.7041 409.1866 Tm (Fuyuan Longyuan )Tj 0.024 Tc -0.024 Tw (Wi)Tj 0 Tc 0 Tw 9.044 0 Td (nd)Tj ( )Tj -9.737 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 389.4693 408.4177 Tm (31.50)Tj 0.381 -1.2 Td (MW)Tj -22.684 -30.982 Td (99.00)Tj 0.381 -1.2 Td (MW)Tj -0.659 5.244 Td (945.20)Tj 0.659 -1.2 Td (MW)Tj 5.402 0 0 6.0023 175.5453 239.5275 Tm (Chifeng Longyuan Songzhou)Tj -0.929 -1.2 Td (W)Tj 0.931 0 Td (ind Power Generation Co., Ltd.)Tj 0.915 -2.844 Td (Longyuan \(Xing\222anmeng\))Tj -1.846 -1.2 Td (W)Tj 0.931 0 Td (ind Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 255.5993 191.174 Tm (49.50)Tj 0.381 -1.2 Td (MW)Tj 5.402 0 0 6.0023 174.3436 191.174 Tm (Longyuan \(Keyouqian Banner\))Tj -0.707 -1.2 Td (W)Tj 0.931 0 Td (ind Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 253.9312 166.5534 Tm (112.30)Tj 0.659 -1.2 Td (MW)Tj -0.381 -2.775 Td (49.30)Tj 0.381 -1.2 Td (MW)Tj 5.402 0 0 6.0023 188.0263 166.5534 Tm (Yichun Xing\222anlin)Tj 7.29 0 Td (g)Tj -10.529 -1.2 Td (W)Tj 0.931 0 Td (ind Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 387.8001 483.0263 Tm (139.60)Tj 0.659 -1.2 Td (MW)Tj 5.402 0 0 6.0023 189.1257 142.6938 Tm (Yichun Longyuan)Tj -3.443 -1.2 Td (W)Tj 0.931 0 Td (ind Power Generation Co., Ltd.)Tj 26.668 57.822 Td (Huanan Longyuan)Tj -3.226 -1.2 Td (W)Tj 0.931 0 Td (ind Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 523.8285 482.0809 Tm (50.00)Tj 0.381 -1.2 Td (MW)Tj -0.381 -2.954 Td (99.00)Tj 0.381 -1.2 Td (MW)Tj -0.381 -11.181 Td (98.60)Tj 0.381 -1.2 Td (MW)Tj -0.659 5.335 Td (141.30)Tj 0.659 -1.2 Td (MW)Tj -0.659 -6.758 Td (148.50)Tj 0.659 -1.2 Td (MW)Tj -22.766 -34.985 Td (49.50)Tj 0.381 -1.2 Td (MW)Tj 21.726 21.363 Td (148.50)Tj 0.659 -1.2 Td (MW)Tj -0.659 9.303 Td (614.80)Tj 0.659 -1.2 Td (MW)Tj ET q 148.58 55.256 446.695 656.901 re W n BT 5.0506 0 0 5.0506 930.127 544.1077 Tm (99.10)Tj 0.382 -1.2 Td (MW)Tj ET Q BT 5.402 0 0 6.0023 448.7289 239.5275 Tm (Hebei Longyuan )Tj 0.024 Tc -0.024 Tw (Wi)Tj 0 Tc 0 Tw 8.415 0 Td (nd )Tj -9.423 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 522.1599 239.5275 Tm (398.10)Tj 0.659 -1.2 Td (MW)Tj 5.402 0 0 6.0023 440.1235 215.2562 Tm (Longyuan \(Zhangjiakou\) W)Tj 11.416 0 Td (ind )Tj -10.831 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 522.1599 215.2556 Tm (425.50)Tj 0.659 -1.2 Td (MW)Tj 5.402 0 0 6.0023 443.3756 191.174 Tm (Longyuan \(Zhangbei\) W)Tj 10.212 0 Td (ind )Tj -10.229 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 523.8285 191.174 Tm (99.00)Tj 0.381 -1.2 Td (MW)Tj 5.402 0 0 6.0023 450.5332 166.554 Tm (Gansu Jieyuan W)Tj 7.562 0 Td (ind)Tj ( )Tj /T1_4 1 Tf -8.904 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 522.1599 166.554 Tm (340.30)Tj 0.659 -1.2 Td (MW)Tj 5.402 0 0 6.0023 452.2349 142.6938 Tm (Gansu Xin\222an )Tj 0.024 Tc -0.024 Tw (Wi)Tj 0 Tc 0 Tw 7.117 0 Td (nd)Tj ( )Tj -8.774 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 523.8285 142.6938 Tm (99.00)Tj 0.381 -1.2 Td (MW)Tj ET q 148.58 55.256 446.695 656.901 re W n BT 5.402 0 0 6.0023 656.6098 481.8655 Tm (Longyuan \(Jiuquan\) )Tj 0.024 Tc -0.024 Tw (Wi)Tj 0 Tc 0 Tw 9.785 0 Td (nd)Tj ( )Tj -10.108 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 732.0316 481.8649 Tm (550.50)Tj 0.659 -1.2 Td (MW)Tj -13.255 -2.919 Td (Gansu Longyuan W)Tj 8.544 0 Td (ind )Tj -9.395 -1.2 Td (Power Generation Co., Ltd.)Tj 13.447 1.2 Td (300.00)Tj 0.659 -1.2 Td (MW)Tj 5.402 0 0 6.0023 658.2556 434.0029 Tm (Xinjiang T)Tj 4.136 0 Td (ianfeng Power )Tj -6.013 -1.2 Td (Generation Joint Stock Company)Tj 6.0023 0 0 6.0023 732.0316 434.0029 Tm (249.30)Tj 0.659 -1.2 Td (MW)Tj 5.402 0 0 6.0023 658.2118 408.8907 Tm (Xinjiang Longyuan )Tj 0.024 Tc -0.024 Tw (Wi)Tj 0 Tc 0 Tw 9.192 0 Td (nd)Tj ( )Tj -9.811 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 732.0316 408.8907 Tm (247.50)Tj 0.659 -1.2 Td (MW)Tj 5.402 0 0 6.0023 658.6116 385.2353 Tm (Longyuan Balikun W)Tj 8.859 0 Td (ind)Tj ( )Tj -9.552 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 732.0316 385.2358 Tm (398.00)Tj 0.659 -1.2 Td (MW)Tj -11.716 -2.751 Td (Longyuan Hami )Tj -1.122 -1.2 Td (New Energy Co., Ltd.)Tj 5.402 0 0 6.0023 653.5582 337.0222 Tm (Longyuan Alashankou )Tj 0.024 Tc -0.024 Tw (Wi)Tj 0 Tc 0 Tw 10.915 0 Td (nd)Tj ( )Tj -10.673 -1.2 Td (Power Generation Co., Ltd.)Tj 1.163 -2.856 Td (Bu\222erjin T)Tj 4.081 0 Td (ianrun W)Tj 3.839 0 Td (ind)Tj ( )Tj -9.083 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 732.0316 361.5233 Tm (201.00)Tj 0.659 -1.2 Td (MW)Tj -0.659 -2.882 Td (198.00)Tj 0.659 -1.2 Td (MW)Tj -0.381 -2.856 Td (49.50)Tj 0.381 -1.2 Td (MW)Tj 5.402 0 0 6.0023 652.3212 288.2892 Tm (Guodian Xinjiang Alashankou )Tj -1.262 -1.2 Td (W)Tj 0.931 0 Td (ind Power Development Co., Ltd.)Tj 6.0023 0 0 6.0023 733.7003 288.2886 Tm (99.00)Tj 0.381 -1.2 Td (MW)Tj ET Q BT 5.402 0 0 6.0023 312.0337 384.0168 Tm (Yilan Longyuan Huineng )Tj -1.822 -1.2 Td (W)Tj 0.931 0 Td (ind Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 389.4693 383.4237 Tm (98.60)Tj 0.381 -1.2 Td (MW)Tj 5.402 0 0 6.0023 318.7646 359.8835 Tm (Hegang Longyuan )Tj -3.068 -1.2 Td (W)Tj 0.931 0 Td (ind Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 389.4693 359.8835 Tm (49.30)Tj 0.381 -1.2 Td (MW)Tj -0.381 -2.791 Td (49.50)Tj 0.381 -1.2 Td (MW)Tj 5.402 0 0 6.0023 310.7132 335.9315 Tm (Shuangyashan Longyuan )Tj -1.578 -1.2 Td (W)Tj 0.931 0 Td (ind Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 389.4693 263.7184 Tm (48.30)Tj 0.381 -1.2 Td (MW)Tj -0.659 -2.83 Td (536.90)Tj 0.659 -1.2 Td (MW)Tj -0.659 -2.844 Td (200.60)Tj 0.659 -1.2 Td (MW)Tj 5.402 0 0 6.0023 313.5036 312.3577 Tm (Harbin Longyuan W)Tj 8.563 0 Td (ind)Tj ( )Tj -9.265 -1.2 Td (Power Generation Co., Lt)Tj (d)Tj 0.582 -2.798 Td (Hailin Chenguang W)Tj 8.804 0 Td (ind )Tj -9.525 -1.2 Td (Power Generation Co., Ltd.)Tj -0.111 Tc 0.111 Tw 0.683 -2.906 Td (To)Tj 0 Tc 0 Tw 1.001 0 Td (nghe Longyuan W)Tj 7.878 0 Td (ind)Tj ( )Tj -9.562 -1.2 Td (Power Generation Co., Ltd.)Tj 1.462 -6.874 Td (Jilin Longyuan W)Tj 7.321 0 Td (ind )Tj -8.783 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 389.4687 191.174 Tm (49.30)Tj 0.381 -1.2 Td (MW)Tj 5.402 0 0 6.0023 318.2652 191.174 Tm (Longyuan \(T)Tj 5.206 0 Td (ongyu\) )Tj -8.181 -1.2 Td (W)Tj 0.931 0 Td (ind Power Generation Co., Ltd.)Tj 0.181 -2.902 Td (Longyuan \(Changling\) W)Tj 10.527 0 Td (ind )Tj -10.386 -1.2 Td (Power Generation Co., Ltd.)Tj -0.111 Tc 0.111 Tw 1.518 -2.775 Td (To)Tj 0 Tc 0 Tw 1.001 0 Td (ngyu Xingfa W)Tj 6.21 0 Td (ind )Tj -8.728 -1.2 Td (Power Generation Co., Ltd.)Tj 25.43 57.665 Td (Y)Tj 0.519 0 Td (anbian Longyuan W)Tj 8.6 0 Td (ind )Tj -9.682 -1.2 Td (Power Generation Co., Ltd.)Tj 0.174 -2.876 Td (Longyuan \(Nong\222an\) )Tj 0.024 Tc -0.024 Tw (Wi)Tj 0 Tc 0 Tw 10.083 0 Td (nd)Tj ( )Tj -10.257 -1.2 Td (Power Generation Co., Ltd.)Tj 0.9 -2.949 Td (Jilin Dongfeng Longxin)Tj ( )Tj -0.9 -1.2 Td (Power Generation Co., Ltd.)Tj 0.11 -3.025 Td (Shenyang Longyuan W)Tj 10.027 0 Td (ind )Tj -10.136 -1.2 Td (Power Generation Co., Ltd.)Tj 0.885 -2.906 Td (T)Tj 0.58 0 Td (ieling Longyuan )Tj 0.024 Tc -0.024 Tw (Wi)Tj 0 Tc 0 Tw 8.081 0 Td (nd)Tj ( )Tj -9.546 -1.2 Td (Power Generation Co., Ltd.)Tj -0.862 -2.524 Td (Shenyang Longyuan Her)Tj 10.616 0 Td (o Asia )Tj -11.007 -1.2 Td (W)Tj 0.931 0 Td (ind Power Generation Co., Ltd.)Tj 1.442 -2.791 Td (Longyuan Fuxin W)Tj 8.006 0 Td (ind )Tj -9.126 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 523.8285 288.3625 Tm (99.00)Tj 0.381 -1.2 Td (MW)Tj 3.8414 0 0 6.0023 437.6734 288.3625 Tm (Hebei W)Tj 3.668 0 Td (eichang Longyuan Construction and )Tj -3.55 -1.2 Td (Investment W)Tj 5.912 0 Td (ind Power Generation Co., Ltd.)Tj 5.402 0 0 6.0023 434.3193 263.7178 Tm (Longyuan Jiantou \(Chengde\) W)Tj 13.565 0 Td (ind )Tj -11.905 -1.2 Td (Power Generation Co., Ltd.)Tj ET q 148.58 55.256 446.695 656.901 re W n BT 5.3435 0 0 5.3435 867.3375 544.0195 Tm (Longyuan Canada)Tj 0.334 -1.134 Td (Renewables Ltd.)Tj 4.7621 0 0 4.7621 820.862 544.2493 Tm (100%)Tj 0 -5.362 TD (100%)Tj 5.3435 0 0 5.3435 856.6956 568.7061 Tm (Longyuan Power Overseas )Tj 1.557 -1.134 Td (Investment Co., Ltd.)Tj ET Q BT 6.0023 0 0 6.0023 389.4687 166.5534 Tm (99.00)Tj 0.381 -1.2 Td (MW)Tj ET q 148.58 55.256 446.695 656.901 re W n BT 5.3435 0 0 5.3435 862.2896 519.5338 Tm (Longyuan South Africa)Tj 0.203 -1.134 Td (Renewables \(Pty\) Ltd.)Tj ET Q BT 5.402 0 0 6.0023 179.1484 312.3571 Tm (Inner Mongolia Longyuan )Tj -2.057 -1.2 Td (New Energy Development Co., Ltd.)Tj -0.001 Tc 26.995 -10.934 Td (Heilongjiang Longyuan )Tj 0.005 Tc -0.005 Tw -2.628 -1.2 Td (Ne)Tj 0.016 Tc -0.016 Tw 1.228 0 Td (w )Tj 0 Tc 0 Tw (Energy Developm)Tj 8.619 0 Td (ent Co., Ltd.)Tj -0.002 Tc 4.8018 0 0 6.0023 455.0463 312.9105 Tm (Liaoning Longyuan)Tj 0 Tc 8.12 0 Td ( )Tj 0.001 Tc -11.55 -1.2 Td (New Energy Development Co., Ltd.)Tj ET q 148.58 55.256 446.695 656.901 re W n BT 0 Tc 5.0506 0 0 5.0506 928.7224 519.6221 Tm (244.50)Tj 0.66 -1.2 Td (MW)Tj ET Q BT 0 Tc 4.5017 0 0 4.5017 150.3303 481.9064 Tm (100%)Tj 0 -5.323 TD (100%)Tj 0 -5.024 TD (100%)Tj 0 -5.489 TD (100%)Tj 0 -5.346 TD (100%)Tj 0 -5.482 TD (100%)Tj 0 -5.751 TD (100%)Tj 0 -4.859 TD (100%)Tj 0.278 -5.145 Td (34%)Tj 3.6014 0 0 4.5017 149.9798 265.8853 Tm (97.01%)Tj 4.5017 0 0 4.5017 150.3303 242.3066 Tm (100%)Tj 29.73 47.901 Td (100%)Tj -29.73 -53.557 Td (100%)Tj 0 -5.432 TD (100%)Tj 3.6014 0 0 4.5017 149.9798 167.4771 Tm (61.71%)Tj 4.5017 0 0 4.5017 151.5817 143.4117 Tm (40%)Tj 29.73 75.193 Td (40%)Tj 0 -21.373 TD (92%)Tj 0 -5.238 TD (95%)Tj -0.278 -5.656 Td (100%)Tj 0.278 21.606 Td (51%)Tj -0.278 -5.145 Td (100%)Tj 0 -22.027 TD (100%)Tj 0.278 -5.348 Td (70%)Tj -0.278 -21.217 Td (100%)Tj 0 -5.145 TD (100%)Tj 0.278 21.141 Td (80%)Tj 3.6014 0 0 4.5017 283.8147 216.2256 Tm (66.23%)Tj 4.5017 0 0 4.5017 284.1652 143.7868 Tm (100%)Tj 29.641 75.109 Td (100%)Tj 0 -5.323 TD (100%)Tj 0.278 -5.49 Td (88%)Tj -29.919 -42.992 Td (100%)Tj 3.6014 0 0 4.5017 417.2472 408.2124 Tm (98.60%)Tj 4.5017 0 0 4.5017 417.5977 383.5366 Tm (100%)Tj /T1_5 1 Tf 0 -5.354 TD (100%)Tj 0 -5.488 TD (100%)Tj 0 -21.351 TD (100%)Tj 0 -5.353 TD (100%)Tj 0 -5.453 TD (100%)Tj 3.6014 0 0 4.5017 417.2472 166.6536 Tm (77.11%)Tj 4.5017 0 0 4.5017 418.8492 287.2779 Tm (50%)Tj 0.004 Tc -0.004 Tw -0.282 5.232 Td (100)Tj 0 Tc 0 Tw 1.676 0 Td (%)Tj ET q 148.58 55.256 446.695 656.901 re W n BT 4.5017 0 0 4.5017 758.8588 482.7052 Tm (100%)Tj 0 -5.45 TD (100%)Tj ET Q BT 3.6014 0 0 4.5017 417.2472 142.6764 Tm (54.54%)Tj ET q 148.58 55.256 446.695 656.901 re W n BT 4.5017 0 0 4.5017 758.8588 385.626 Tm (100%)Tj 0 5.428 TD (100%)Tj 3.6014 0 0 4.5017 758.1625 434.6914 Tm (59.53)Tj (%)Tj 4.5017 0 0 4.5017 758.8588 362.2436 Tm (100%)Tj 0.556 -16.432 Td (70%)Tj -0.556 10.86 Td (100%)Tj 0.556 -5.591 Td (60%)Tj ET Q BT 4.5017 0 0 4.5017 418.8492 263.0654 Tm (55%)Tj ET q 148.58 55.256 446.695 656.901 re W n BT 5.402 0 0 6.0023 661.1775 264.6146 Tm (Longyuan T)Tj 4.984 0 Td (uoli )Tj 0.024 Tc -0.024 Tw (Wi)Tj 0 Tc 0 Tw 2.857 0 Td (nd)Tj ( )Tj -9.136 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 733.0172 264.6152 Tm (49.50)Tj 0.381 -1.2 Td (MW)Tj 5.402 0 0 6.0023 658.3276 239.7364 Tm (Longyuan Bu)Tj -0.018 Tc 0.018 Tw (rq)Tj 0 Tc 0 Tw 6.595 0 Td (in W)Tj 1.931 0 Td (ind)Tj ( )Tj -9.386 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 733.6985 239.7364 Tm (49.50)Tj 0.381 -1.2 Td (MW)Tj 5.402 0 0 6.0023 652.9232 210.4136 Tm (Fujian W)Tj 3.709 0 Td (ind Power Co., Ltd.)Tj -3.985 -3.294 Td (Longyuan Her)Tj 6.04 0 Td (o Asia \(Fuqing\) )Tj -6.876 -1.2 Td (W)Tj 0.931 0 Td (ind Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 733.6985 191.132 Tm (56.00)Tj 0.381 -1.2 Td (MW)Tj 5.402 0 0 6.0023 651.0836 141.629 Tm (Fujian Pingtan Changjiang\222ao )Tj -0.771 -1.2 Td (W)Tj 0.931 0 Td (ind Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 735.3665 141.629 Tm (6.00)Tj 0.103 -1.2 Td (MW)Tj 5.402 0 0 6.0023 792.6813 481.8649 Tm (Fujian Putian Nanri W)Tj 9.229 0 Td (ind )Tj -9.738 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 869.8043 481.8649 Tm (16.15)Tj 0.381 -1.2 Td (MW)Tj 4.8018 0 0 6.0023 786.6252 457.1399 Tm (Fujian Dongshan Aozaishan )Tj 0.024 Tc -0.024 Tw 12.17 0 Td (Wi)Tj 0 Tc 0 Tw 1.116 0 Td (nd )Tj -11.858 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 869.8043 457.1398 Tm (85.50)Tj 0.381 -1.2 Td (MW)Tj 5.402 0 0 6.0023 793.5278 434.0029 Tm (Longyuan \(Putian\) W)Tj 8.915 0 Td (ind )Tj -9.581 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 868.1357 434.0035 Tm (239.45)Tj 0.659 -1.2 Td (MW)Tj 5.402 0 0 6.0023 795.3824 408.8907 Tm (Fujian Longyuan )Tj 0.024 Tc -0.024 Tw (Wi)Tj 0 Tc 0 Tw 8.414 0 Td (nd)Tj ( )Tj -9.423 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 868.1357 408.8907 Tm (146.00)Tj 0.659 -1.2 Td (MW)Tj 5.402 0 0 6.0023 784.8245 385.2358 Tm (Fujian Longyuan Of)Tj 8.28 0 Td (fshor)Tj 2.13 0 Td (e W)Tj 1.728 0 Td (ind )Tj -11.192 -1.2 Td (Power Generation Co., Ltd.)Tj -24.594 -35.224 Td (Longyuan Pingtan W)Tj 8.989 0 Td (ind)Tj ( )Tj -9.617 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 732.0292 166.6104 Tm (100.00)Tj 0.659 -1.2 Td (MW)Tj 22.017 37.624 Td (216.00)Tj 0.659 -1.2 Td (MW)Tj 4.5017 0 0 4.5017 758.1805 264.4621 Tm (100%)Tj -0.204 -5.504 Td (100%)Tj 0.377 -5.424 Td (90%)Tj 3.6014 0 0 4.5017 757.3582 190.683 Tm (97.50%)Tj 4.5017 0 0 4.5017 759.7651 142.4201 Tm (60%)Tj 3.6014 0 0 4.5017 893.8374 482.7052 Tm (41.56%)Tj 0 -5.45 TD (91.15%)Tj 4.5017 0 0 4.5017 894.1856 434.6241 Tm (100%)Tj 0 -5.456 TD (100%)Tj 3.6014 0 0 4.5017 893.8374 385.626 Tm (78.10%)Tj -38.118 -48.68 Td (89.50)Tj (%)Tj 5.402 0 0 6.0023 792.3752 361.5233 Tm (Zhejiang Longyuan W)Tj 9.341 0 Td (ind )Tj -9.793 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 869.8043 361.5233 Tm (35.00)Tj 0.381 -1.2 Td (MW)Tj 4.5017 0 0 4.5017 894.1856 362.243 Tm (100%)Tj 5.402 0 0 6.0023 785.8328 288.2892 Tm (Zhejiang W)Tj 4.779 0 Td (enling Donghaitang )Tj -5.272 -1.2 Td (W)Tj 0.931 0 Td (ind Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 869.8043 288.2892 Tm (40.00)Tj 0.381 -1.2 Td (MW)Tj 3.6014 0 0 4.5017 893.8374 288.2707 Tm (76.29%)Tj 5.402 0 0 6.0023 795.2804 214.015 Tm (Longyuan Xianju W)Tj 8.266 0 Td (ind )Tj -9.256 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 869.8043 215.6007 Tm (28.80)Tj 0.381 -1.2 Td (MW)Tj 4.5017 0 0 4.5017 894.1856 215.2671 Tm (100%)Tj 5.402 0 0 6.0023 793.2756 337.0215 Tm (Zhejiang Cangnan W)Tj 9.008 0 Td (ind )Tj -9.627 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 869.8043 337.0215 Tm (21.80)Tj 0.381 -1.2 Td (MW)Tj 4.5017 0 0 4.5017 895.4401 337.1584 Tm (90%)Tj 6.0023 0 0 6.0023 869.8043 312.6788 Tm (21.30)Tj 0.381 -1.2 Td (MW)Tj 5.402 0 0 6.0023 797.0811 312.6788 Tm (Zhejiang Linhai W)Tj 7.599 0 Td (ind )Tj -8.922 -1.2 Td (Power Generation Co., Ltd.)Tj 4.5017 0 0 4.5017 895.4401 311.9904 Tm (90%)Tj 6.0023 0 0 6.0023 868.1357 191.1356 Tm (150.00)Tj 0.659 -1.2 Td (MW)Tj 5.402 0 0 6.0023 793.9299 190.6398 Tm (Jiangsu Longyuan )Tj 0.024 Tc -0.024 Tw (Wi)Tj 0 Tc 0 Tw 9.229 0 Td (nd)Tj -10.108 -1.2 Td ( Power Generation Co., Ltd.)Tj 3.3763 0 0 4.5017 893.2792 190.6824 Tm (57.985%)Tj 5.402 0 0 6.0023 793.6298 166.6104 Tm (Longyuan Qidong W)Tj 8.877 0 Td (ind )Tj -9.561 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 868.1357 166.6104 Tm (100.50)Tj 0.659 -1.2 Td (MW)Tj 3.3763 0 0 4.5017 893.2792 166.4825 Tm (69.373%)Tj 6.0023 0 0 6.0023 868.1357 141.629 Tm (250.50)Tj 0.659 -1.2 Td (MW)Tj 5.402 0 0 6.0023 791.577 141.629 Tm (Longyuan \(Rudong\) W)Tj 9.638 0 Td (ind )Tj -9.942 -1.2 Td (Power Generation Co., Ltd.)Tj 3.3763 0 0 4.5017 893.2792 142.4201 Tm (82.985%)Tj 6.0023 0 0 6.0023 1003.8466 482.8114 Tm (350.50)Tj 0.659 -1.2 Td (MW)Tj 5.402 0 0 6.0023 929.6108 481.8655 Tm (Longyuan Dafeng W)Tj 8.805 0 Td (ind )Tj -9.526 -1.2 Td (Power Generation Co., Ltd.)Tj 4.5017 0 0 4.5017 1028.6841 482.7052 Tm (100%)Tj 5.402 0 0 6.0023 933.1641 457.1399 Tm (Longyuan Xuyi W)Tj 7.488 0 Td (ind)Tj 1.297 0 Td ( )Tj -10.163 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 1003.8466 457.1392 Tm (298.30)Tj 0.659 -1.2 Td (MW)Tj 4.5017 0 0 4.5017 1028.6841 458.1728 Tm (100%)Tj 5.402 0 0 6.0023 927.5582 434.0029 Tm (Longyuan East Sea W)Tj 9.564 0 Td (ind )Tj -9.905 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 1005.5152 433.1482 Tm (98.70)Tj 0.381 -1.2 Td (MW)Tj 4.5017 0 0 4.5017 1029.9386 434.1722 Tm (70%)Tj 5.402 0 0 6.0023 924.1727 408.8907 Tm (Jiangsu Of)Tj 4.575 0 Td (f-shor)Tj 2.5 0 Td (e Longyuan)Tj ( )Tj -8.041 -1.2 Td (W)Tj 0.931 0 Td (ind Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 1003.8466 409.0371 Tm (280.30)Tj 0.659 -1.2 Td (MW)Tj 3.6014 0 0 4.5017 1028.3358 410.0618 Tm (78.10%)Tj 5.402 0 0 6.0023 787.6876 264.6146 Tm (Zhejiang Zhoushan Cengang )Tj -0.837 -1.2 Td (W)Tj 0.931 0 Td (ind Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 869.8043 264.6145 Tm (45.00)Tj 0.381 -1.2 Td (MW)Tj 3.6014 0 0 4.5017 893.8374 264.4627 Tm (89.69%)Tj 5.402 0 0 6.0023 793.978 239.4711 Tm (Longyuan Pan\222an W)Tj 8.748 0 Td (ind )Tj -9.497 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 869.8043 239.4711 Tm (36.00)Tj 0.381 -1.2 Td (MW)Tj 4.5017 0 0 4.5017 894.1856 239.683 Tm (100%)Tj 4.1416 0 0 6.0023 923.1165 385.2358 Tm (Longyuan )Tj -0.092 Tc 0.092 Tw (Ya)Tj 0 Tc 0 Tw 5.558 0 Td (ncheng Dafeng Of)Tj 7.818 0 Td (f-sho)Tj -0.018 Tc 0.018 Tw (re)Tj 0 Tc 0 Tw 3.019 0 Td ( )Tj -15.221 -1.2 Td (W)Tj 0.931 0 Td (ind Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 1003.8466 384.0479 Tm (400.00)Tj 0.659 -1.2 Td (MW)Tj 4.5017 0 0 4.5017 1028.6841 385.626 Tm (100%)Tj 4.8018 0 0 6.0023 915.7876 361.5233 Tm (Longyuan Y)Tj 5.039 0 Td (ellow Sea Rudong Of)Tj 9.097 0 Td (f-shor)Tj 2.5 0 Td (e )Tj -15.082 -1.2 Td (W)Tj 0.931 0 Td (ind Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 1003.8466 360.7472 Tm (200.00)Tj 0.659 -1.2 Td (MW)Tj 4.5017 0 0 4.5017 1026.8054 362.2436 Tm (72.70%)Tj /T1_6 1 Tf 5.402 0 0 6.0023 921.4058 337.1296 Tm (Hai'an Longyuan Of)Tj 8.875 0 Td (f-shor)Tj 2.538 0 Td (e )Tj -12.625 -1.2 Td (Wind Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 1003.8466 335.5012 Tm (300.00)Tj 0.668 -1.2 Td (MW)Tj 3.6014 0 0 4.5017 1028.3358 337.2388 Tm (78.10%)Tj 5.402 0 0 6.0023 916.1597 312.7869 Tm (Sheyang Longyuan Wind Power )Tj 2.75 -1.2 Td (Generation Co., Ltd.)Tj 4.5017 0 0 4.5017 1029.9386 312.0708 Tm (60%)Tj 5.402 0 0 6.0023 923.7586 288.3973 Tm (Longyuan Y)Tj 5.244 0 Td (ancheng New )Tj -6.123 -1.2 Td (Energy Development Co., Ltd.)Tj -0.039 -2.744 Td (Longyuan Guoneng Of)Tj 10.211 0 Td (f-shor)Tj 2.538 0 Td (e )Tj -13.386 -1.2 Td (Wind Power \(Y)Tj 6.464 0 Td (ancheng\) Co., Ltd.)Tj 4.5017 0 0 4.5017 1026.8054 264.5432 Tm (56.13%)Tj 0.696 5.474 Td (51%)Tj 5.402 0 0 6.0023 922.5402 238.0504 Tm (Hainan Longyuan Wind )Tj -0.694 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 1005.5152 238.0504 Tm (99.00)Tj 0.39 -1.2 Td (MW)Tj 4.5017 0 0 4.5017 1028.6841 239.764 Tm (100%)Tj 5.402 0 0 6.0023 922.0361 214.123 Tm (Y)Tj 0.574 0 Td (unnan Longyuan Wind )Tj -1.175 -1.2 Td (Power Generation Co., Ltd.)Tj 6.0023 0 0 6.0023 1003.8466 214.5972 Tm (439.50)Tj 0.668 -1.2 Td (MW)Tj 4.5017 0 0 4.5017 1028.6841 215.3475 Tm (100%)Tj 6.0023 0 0 6.0023 1003.8466 190.7478 Tm (231.00)Tj 0.668 -1.2 Td (MW)Tj 5.402 0 0 6.0023 926.4417 190.7478 Tm (Longyuan Dali Wind )Tj -1.417 -1.2 Td (Power Generation Co., Ltd.)Tj 3.6014 0 0 4.5017 1030.8389 190.7634 Tm (80%)Tj 6.0023 0 0 6.0023 1005.5152 166.7184 Tm (99.00)Tj 0.39 -1.2 Td (MW)Tj 5.402 0 0 6.0023 924.6409 166.7184 Tm (Longyuan Shilin Wind )Tj -1.083 -1.2 Td (Power Generation Co., Ltd.)Tj 4.5017 0 0 4.5017 1028.6841 166.5642 Tm (100%)Tj 5.402 0 0 6.0023 919.6351 141.737 Tm (Longyuan )Tj -0.092 Tc 0.092 Tw 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q /Perceptual ri /GS0 gs 0 TL/Fm0 Do Q BT 1 0.36 0.14 0 k /Perceptual ri /GS0 gs /T1_0 1 Tf 0.028 Tc -0.028 Tw 12 0 0 12 540.4565 33.8036 Tm (13)Tj ET q 0 Tc 0 Tw 0 g 0 TL/Fm1 Do Q 0.2 0.072 0.028 0 k 462.047 680.315 62.362 -16 re 462.047 664.315 62.362 -16 re 462.047 648.315 62.362 -4.01 re 462.047 644.305 62.362 -16 re 462.047 628.305 62.362 -16 re 462.047 612.305 62.362 -16 re 462.047 596.305 62.362 -3.009 re 462.047 593.296 62.362 -16 re 462.047 577.296 62.362 -16 re 462.047 561.296 62.362 -7.664 re 462.047 553.633 62.362 -16 re 462.047 537.633 62.362 -16 re 462.047 521.633 62.362 -16 re 462.047 505.633 62.362 -3.009 re 462.047 502.624 62.362 -16 re 462.047 486.624 62.362 -16 re 462.047 470.624 62.362 -7.664 re 462.047 462.96 62.362 -16 re 462.047 446.96 62.362 -16 re 462.047 430.96 62.362 -7.664 re 462.047 423.297 62.362 -16 re 462.047 407.297 62.362 -32 re 462.047 375.297 62.362 -16 re 462.047 359.297 62.362 -3.009 re 462.047 356.287 62.362 -16 re 462.047 340.287 62.362 -16 re 462.047 324.287 62.362 -7.664 re 462.047 316.624 62.362 -16 re 462.047 300.624 62.362 -16 re 462.047 284.624 62.362 -7.664 re 462.047 276.96 62.362 -3.009 re f BT 0 0 0 1 k /GS1 gs /T1_1 1 Tf 8.4 0 0 10.5 249.9093 665.6484 Tm (2014)Tj 7.424 0 Td (2015)Tj 7.424 0 Td (2016)Tj 7.424 0 Td (2017)Tj 1 0.36 0.14 0 k /GS0 gs /T1_2 1 Tf 7.424 0 Td (2018)Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 8.4 0 2.8135 10.5 232.7342 649.6484 Tm (RMB\222000)Tj 7.424 0 Td (RMB\222000)Tj 7.424 0 Td (RMB\222000)Tj 7.424 0 Td (RMB\222000)Tj 1 0.36 0.14 0 k /GS0 gs /T1_2 1 Tf 7.258 0 Td (RMB\222000)Tj ET 1 0.36 0.14 0 K q 1 0 0 1 70.8661 644.8052 cm 0 0 m 141.732 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_1 1 Tf 0 Tc 0 Tw 8.4 0 0 10.5 70.8661 645.6387 Tm ( )Tj ET /GS0 gs q 1 0 0 1 212.5984 644.8052 cm 0 0 m 62.362 0 l S Q BT /GS1 gs 8.4 0 0 10.5 212.5984 645.6387 Tm ( )Tj ET /GS0 gs q 1 0 0 1 274.9606 644.8052 cm 0 0 m 62.362 0 l S Q BT /GS1 gs 8.4 0 0 10.5 274.9606 645.6387 Tm ( )Tj ET /GS0 gs q 1 0 0 1 337.3228 644.8052 cm 0 0 m 62.362 0 l S Q BT /GS1 gs 8.4 0 0 10.5 337.3228 645.6387 Tm ( )Tj ET /GS0 gs q 1 0 0 1 399.685 644.8052 cm 0 0 m 62.362 0 l S Q BT /GS1 gs 8.4 0 0 10.5 399.685 645.6387 Tm ( )Tj ET /GS0 gs q 1 0 0 1 462.0472 644.8052 cm 0 0 m 62.362 0 l S Q BT /GS1 gs 8.4 0 0 10.5 462.0472 645.6387 Tm ( )Tj -46.569 -1.524 Td ( )Tj 23.01 0 Td ( )Tj 14.848 0 Td ( )Tj 7.424 0 Td ( )Tj 1 0.36 0.14 0 k /GS0 gs /T1_2 1 Tf 7.424 0 Td ( )Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 0.028 Tc -52.707 -1.524 Td (Total non-current assets)Tj -0.028 Tw 17.784 0 Td (109,017,690)Tj 7.424 0 Td (121,163,674)Tj 7.424 0 Td (125,328,117)Tj 7.424 0 Td (128,512,863)Tj 1 0.36 0.14 0 k /GS0 gs /T1_2 1 Tf 7.424 0 Td (128,718,285)Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 0 Tw -47.48 -1.524 Td (Total current assets)Tj -0.028 Tw 18.368 0 Td (14,795,095)Tj 7.424 0 Td (12,703,603)Tj 7.424 0 Td (13,332,576)Tj 7.424 0 Td (17,122,177)Tj 1 0.36 0.14 0 k /GS0 gs /T1_2 1 Tf 7.424 0 Td (17,786,051)Tj ET 0.5 w q 1 0 0 1 218.2677 593.5462 cm 0 0 m 51.024 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_1 1 Tf 0 Tc 0 Tw 8.4 0 0 10.5 212.5984 594.6297 Tm ( )Tj ET /GS0 gs q 1 0 0 1 280.6299 593.5462 cm 0 0 m 51.024 0 l S Q BT /GS1 gs 8.4 0 0 10.5 274.9606 594.6297 Tm ( )Tj ET /GS0 gs q 1 0 0 1 342.9921 593.5462 cm 0 0 m 51.024 0 l S Q BT /GS1 gs 8.4 0 0 10.5 337.3228 594.6297 Tm ( )Tj ET /GS0 gs q 1 0 0 1 405.3543 593.5462 cm 0 0 m 51.024 0 l S Q BT /GS1 gs 8.4 0 0 10.5 399.6851 594.6297 Tm ( )Tj ET /GS0 gs q 1 0 0 1 467.7165 593.5462 cm 0 0 m 51.024 0 l S Q BT 1 0.36 0.14 0 k /T1_2 1 Tf 8.4 0 0 10.5 462.0472 594.6297 Tm ( )Tj 0 0 0 1 k /GS1 gs 0.028 Tc -46.569 -3.048 Td (TOTAL ASSETS)Tj /T1_1 1 Tf -0.028 Tw 17.784 0 Td (123,812,785)Tj 7.424 0 Td (133,867,277)Tj 7.424 0 Td (138,660,693)Tj 7.424 0 Td (145,635,040)Tj 1 0.36 0.14 0 k /GS0 gs /T1_2 1 Tf 7.424 0 Td (146,504,336)Tj ET 2.5 w q 1 0 0 1 218.2677 557.3826 cm 0 0 m 51.024 0 l S Q 0.835 w q 1 0 0 1 218.2677 554.0501 cm 0 0 m 51.024 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_1 1 Tf 0 Tc 0 Tw 8.4 0 0 10.5 212.5984 554.9661 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 280.6299 557.3826 cm 0 0 m 51.024 0 l S Q 0.835 w q 1 0 0 1 280.6299 554.0501 cm 0 0 m 51.024 0 l S Q BT /GS1 gs 8.4 0 0 10.5 274.9606 554.9661 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 342.9921 557.3826 cm 0 0 m 51.024 0 l S Q 0.835 w q 1 0 0 1 342.9921 554.0501 cm 0 0 m 51.024 0 l S Q BT /GS1 gs 8.4 0 0 10.5 337.3228 554.9661 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 405.3543 557.3826 cm 0 0 m 51.024 0 l S Q 0.835 w q 1 0 0 1 405.3543 554.0501 cm 0 0 m 51.024 0 l S Q BT /GS1 gs 8.4 0 0 10.5 399.6851 554.9661 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 467.7165 557.3826 cm 0 0 m 51.024 0 l S Q 0.835 w q 1 0 0 1 467.7165 554.0501 cm 0 0 m 51.024 0 l S Q BT 1 0.36 0.14 0 k /T1_2 1 Tf 8.4 0 0 10.5 462.0472 554.9661 Tm ( )Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 0.028 Tc -46.569 -3.048 Td (Total current liabilities)Tj -0.028 Tw 18.368 0 Td (46,328,043)Tj 7.424 0 Td (56,000,117)Tj 7.424 0 Td (55,807,408)Tj 7.424 0 Td (47,159,418)Tj 1 0.36 0.14 0 k /GS0 gs /T1_2 1 Tf 7.424 0 Td (39,780,268)Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 0 Tw -48.064 -1.524 Td (Total non-current liabilities)Tj -0.028 Tw 18.368 0 Td (36,580,657)Tj 7.424 0 Td (33,292,845)Tj 7.424 0 Td (35,067,034)Tj 7.424 0 Td (45,176,340)Tj 1 0.36 0.14 0 k /GS0 gs /T1_2 1 Tf 7.424 0 Td (50,158,275)Tj ET 0.5 w q 1 0 0 1 218.2677 502.8736 cm 0 0 m 51.024 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_1 1 Tf 0 Tc 0 Tw 8.4 0 0 10.5 212.5984 503.9571 Tm ( )Tj ET /GS0 gs q 1 0 0 1 280.6299 502.8736 cm 0 0 m 51.024 0 l S Q BT /GS1 gs 8.4 0 0 10.5 274.9606 503.9571 Tm ( )Tj ET /GS0 gs q 1 0 0 1 342.9921 502.8736 cm 0 0 m 51.024 0 l S Q BT /GS1 gs 8.4 0 0 10.5 337.3228 503.9571 Tm ( )Tj ET /GS0 gs q 1 0 0 1 405.3543 502.8736 cm 0 0 m 51.024 0 l S Q BT /GS1 gs 8.4 0 0 10.5 399.6851 503.9571 Tm ( )Tj ET /GS0 gs q 1 0 0 1 467.7165 502.8736 cm 0 0 m 51.024 0 l S Q BT 1 0.36 0.14 0 k /T1_2 1 Tf 8.4 0 0 10.5 462.0472 503.9571 Tm ( )Tj 0 0 0 1 k /GS1 gs 0.028 Tc -46.569 -3.048 Td (TOTAL LIABILITIES)Tj /T1_1 1 Tf -0.028 Tw 18.368 0 Td (82,908,700)Tj 7.424 0 Td (89,292,962)Tj 7.424 0 Td (90,874,442)Tj 7.424 0 Td (92,335,758)Tj 1 0.36 0.14 0 k /GS0 gs /T1_2 1 Tf 7.424 0 Td (89,938,543)Tj ET 2.5 w q 1 0 0 1 218.2677 466.7101 cm 0 0 m 51.024 0 l S Q 0.835 w q 1 0 0 1 218.2677 463.3775 cm 0 0 m 51.024 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_1 1 Tf 0 Tc 0 Tw 8.4 0 0 10.5 212.5984 464.2935 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 280.6299 466.7101 cm 0 0 m 51.024 0 l S Q 0.835 w q 1 0 0 1 280.6299 463.3775 cm 0 0 m 51.024 0 l S Q BT /GS1 gs 8.4 0 0 10.5 274.9606 464.2935 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 342.9921 466.7101 cm 0 0 m 51.024 0 l S Q 0.835 w q 1 0 0 1 342.9921 463.3775 cm 0 0 m 51.024 0 l S Q BT /GS1 gs 8.4 0 0 10.5 337.3228 464.2935 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 405.3543 466.7101 cm 0 0 m 51.024 0 l S Q 0.835 w q 1 0 0 1 405.3543 463.3775 cm 0 0 m 51.024 0 l S Q BT /GS1 gs 8.4 0 0 10.5 399.6851 464.2935 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 467.7165 466.7101 cm 0 0 m 51.024 0 l S Q 0.835 w q 1 0 0 1 467.7165 463.3775 cm 0 0 m 51.024 0 l S Q BT 1 0.36 0.14 0 k /T1_2 1 Tf 8.4 0 0 10.5 462.0472 464.2935 Tm ( )Tj 0 0 0 1 k /GS1 gs 0.028 Tc -46.569 -3.048 Td (NET ASSETS)Tj /T1_1 1 Tf -0.028 Tw 18.368 0 Td (40,904,085)Tj 7.424 0 Td (44,574,315)Tj 7.424 0 Td (47,786,251)Tj 7.424 0 Td (53,299,282)Tj 1 0.36 0.14 0 k /GS0 gs /T1_2 1 Tf 7.424 0 Td (56,565,793)Tj ET 2.5 w q 1 0 0 1 218.2677 427.0465 cm 0 0 m 51.024 0 l S Q 0.835 w q 1 0 0 1 218.2677 423.714 cm 0 0 m 51.024 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_1 1 Tf 0 Tc 0 Tw 8.4 0 0 10.5 212.5984 424.63 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 280.6299 427.0465 cm 0 0 m 51.024 0 l S Q 0.835 w q 1 0 0 1 280.6299 423.714 cm 0 0 m 51.024 0 l S Q BT /GS1 gs 8.4 0 0 10.5 274.9606 424.63 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 342.9921 427.0465 cm 0 0 m 51.024 0 l S Q 0.835 w q 1 0 0 1 342.9921 423.714 cm 0 0 m 51.024 0 l S Q BT /GS1 gs 8.4 0 0 10.5 337.3228 424.63 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 405.3543 427.0465 cm 0 0 m 51.024 0 l S Q 0.835 w q 1 0 0 1 405.3543 423.714 cm 0 0 m 51.024 0 l S Q BT /GS1 gs 8.4 0 0 10.5 399.6851 424.63 Tm ( )Tj ET 2.5 w /GS0 gs q 1 0 0 1 467.7165 427.0465 cm 0 0 m 51.024 0 l S Q 0.835 w q 1 0 0 1 467.7165 423.714 cm 0 0 m 51.024 0 l S Q BT 1 0.36 0.14 0 k /T1_2 1 Tf 8.4 0 0 10.5 462.0472 424.63 Tm ( )Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf -1.287 -1.524 Td ( )Tj 0.028 Tc -45.283 -1.524 Td (Total equity attributable to the )Tj 1.08 -1.524 Td (equity holders of the Company)Tj -0.028 Tw 17.288 0 Td (33,107,443)Tj 7.424 0 Td (38,135,798)Tj 7.424 0 Td (40,889,777)Tj 7.424 0 Td (46,125,851)Tj 1 0.36 0.14 0 k /GS0 gs /T1_2 1 Tf 7.424 0 Td (49,236,430)Tj 0 0 0 1 k /GS1 gs /T1_1 1 Tf 0 Tw -48.064 -1.524 Td (Non-controlling interests)Tj -0.028 Tw 18.952 0 Td (7,796,642)Tj 7.424 0 Td (6,438,517)Tj 7.424 0 Td (6,896,474)Tj 7.424 0 Td (7,173,431)Tj 1 0.36 0.14 0 k /GS0 gs /T1_2 1 Tf 7.424 0 Td (7,329,363)Tj ET 0.5 w q 1 0 0 1 218.2677 356.5374 cm 0 0 m 51.024 0 l S Q BT 0 0 0 1 k /GS1 gs /T1_1 1 Tf 0 Tc 0 Tw 8.4 0 0 10.5 212.5984 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uuid:badc602e-e6d7-4919-bdba-7e91526072e4 xmp.did:9CA38F821F2068118DBB8C1894E5CD60 xmp.id:3aa4875b-c43a-8b49-b6ab-ae93e3d5d2d7 proof:pdf xmp.iid:a338dfe7-92d2-ff46-9647-a35d882fa759 xmp.did:4abf313b-fe40-714c-bef2-785fa385936f xmp.did:9CA38F821F2068118DBB8C1894E5CD60 default converted from application/x-indesign to application/pdf Adobe InDesign CC 2017 (Windows) / 2019-04-02T12:46:15+08:00 application/pdf Adobe PDF Library 15.0 False endstreamendobj3039 0 obj<>endobj3063 0 obj<>endobj3099 0 obj<>endobjxref 0 1 0000000000 65535 f 2 1 0011943925 00000 n 3039 1 0011948526 00000 n 3063 1 0011948711 00000 n 3099 1 0011948841 00000 n trailer <<9C501A222E179840A919B2285677ACFA>]/Prev 11876700>> startxref 11948922 %%EOF 1 0 obj<>>>endobj2 0 obj<>stream 2019-04-02T12:46:15+08:00 2019-04-02T13:21:08+08:00 2019-04-02T13:21:08+08:00 Adobe InDesign CC 2017 (Windows) uuid:cde887df-3a58-4944-b4b2-ac6b6997e2c5 xmp.did:9CA38F821F2068118DBB8C1894E5CD60 xmp.id:3aa4875b-c43a-8b49-b6ab-ae93e3d5d2d7 proof:pdf xmp.iid:a338dfe7-92d2-ff46-9647-a35d882fa759 xmp.did:4abf313b-fe40-714c-bef2-785fa385936f xmp.did:9CA38F821F2068118DBB8C1894E5CD60 default converted from application/x-indesign to application/pdf Adobe InDesign CC 2017 (Windows) / 2019-04-02T12:46:15+08:00 application/pdf Adobe PDF Library 15.0 False endstreamendobj3039 0 obj<>endobjxref 0 3 0000000000 65535 f 0011949227 00000 n 0011949434 00000 n 3039 1 0011954035 00000 n trailer <<37EECB7E92C5CF41812CED8E805D38C7>]/Prev 11948922>> startxref 11954220 %%EOF