1、2020 Semi-Annual Report of Tsann Kuen(China)Enterprise Co.,Ltd.1 TSANN KUEN(CHINA)ENTERPRISE CO.,LTD.2020 SEMI-ANNUAL REPORT (Unaudited)August 2020 2020 Semi-Annual Report of Tsann Kuen(China)Enterprise Co.,Ltd.2 Section I.Important Statements,Contents&Terms The Board of Directors,the Supervisory Co
2、mmittee as well as all directors,supervisors and senior management staff of Tsann Kuen(China)Enterprise Co.,Ltd.(hereinafter referred to as“the Company”)warrant that this Report is factual,accurate and complete without any false record,misleading statement or material omission.And they shall be join
3、tly and 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 attention to the risks mentioned in“X.Risks facing the Company and countermeasures”under“Section IV.Perfor
4、mance Discussion&Analysis”.The Company plans not to distribute cash dividends or bonus shares or turn capital reserve into share capital.Mr.Pan Zhirong,company principal,and Mr.Wu Jianhua,head of the accounting work&the accounting division(head of accounting)jointly declare that the financial statem
5、ents carried in this Report 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.2020 Semi-Annual Report of Tsann Kuen(China)Enterprise Co.,Ltd.3 Contents Section I.Important Statements,
6、Contents&Terms.2 Section II.Company Profile&Financial Highlights.5 Section III.Business Highlights.8 Section IV.Performance Discussion&Analysis.10 Section V.Significant Events.22 Section VI.Change in Shares&Shareholders.33 Section VII.Preference Shares.36 Section VIII.Directors,Supervisors&Senior Ma