1、2019 Semi-Annual Report of Tsann Kuen(China)Enterprise Co.,Ltd.1TSANN KUEN(CHINA)ENTERPRISE CO.,LTD.2019 SEMI-ANNUAL REPORT(Unaudited)August 20192019 Semi-Annual Report of Tsann Kuen(China)Enterprise Co.,Ltd.2Section I.Important Statements,Contents&TermsThe Board of Directors,the Supervisory Committ
2、ee as well as all directors,supervisors and seniormanagement staff of Tsann Kuen(China)Enterprise Co.,Ltd.(hereinafter referred to as“theCompany”)warrant that this Report is factual,accurate and complete without any false record,misleading statement or material omission.And they shall be jointly and
3、 severally liable for that.All directors attended the board session for reviewing this Report.Investors are kindly reminded to read the full text of this Report carefully and pay special attentionto the risks mentioned in“X.Risks facing the Company and countermeasures”under“Section IV.Performance Di
4、scussion&Analysis”.The Company plans not to distribute cash dividends or bonus shares or turn capital reserve intoshare capital.Mr.Pan Zhirong,company principal,and Mr.Wu Jianhua,head of the accounting work&theaccounting division(head of accounting)jointly declare that the financial statements carri
5、ed in thisReport are factual,accurate and complete.English translation is for reference only.Should there be any discrepancy between the two versions,the Chinese version shall prevail.2019 Semi-Annual Report of Tsann Kuen(China)Enterprise Co.,Ltd.3ContentsSection I.Important Statements,Contents&Term
6、s.2Section II.Company Profile&Financial Highlights.5Section III.Business Highlights.8Section IV.Performance Discussion&Analysis.10Section V.Significant Events.21Section VI.Change in Shares&Shareholders.30Section VII.Preference Shares.33Section VIII.Directors,Supervisors&Senior Management Staff.33Sec