深中华B：2019年年度报告摘要（英文版）.PDF

1、 1 Shenzhen China Bicycle Company(Holdings)Limited Summary of Annual Report 2019 I.Important Notice The summary is abstract from full-text of annual report,for more details of operating results,financial condition and future development plan of the Company;investors should found in the full-text of

2、annual report that published on media appointed by CSRC.Objection statement of directors,supervisors and senior executives Name Position Content and reason Statement Other directors attending the Meeting for annual report deliberation except for the followed Name of director absent Title for absent

3、director Reasons for absent Attorney Prompt of non-standard audit opinion Applicable Not applicable The 2019 annual financial report of the Company was audited by Baker Tilly China CPA(LLP),and an unqualified audit report with significant uncertainty of going concern was issued.The board of director

4、s and the board of supervisors of the Company have detailed explanations on related matters.Investors should read carefully.Since the audited net profit is negative for two consecutive fiscal years in 2018 and 2019,according to the relevant regulation of Article 13.2.1 of Rules Governing the Listing

5、 of Stocks on Shenzhen Stock Exchange,Shenzhen Stock Exchange will implement delisting risk warning for the stock trading of the Company.Profit distribution pre-plan of common stock or capitalizing of common reserves pre-plan deliberated by the Board in the reporting period Applicable Not applicable

6、 The Company has no plan of cash bonus,dividends and capitalizing of reserves either.Profit distribution pre-plan of preferred stock deliberated and approved by the Board in the reporting period Applicable Not applicable II.Company information 1.Company profile Short form of the stock Zhonghua A,Zho