SINOFERT：ANNUALREPORT2020.pdf

1、Contents2Definitions4Company Profile and Corporate Information7Financial Highlights10Chairmans Statement12Chronicle of Events16Management Review and Prospect28Managements Discussion and Analysis45Directors and Senior Management52Corporate Governance Report81Directors Report104Independent Auditors Re

2、port110Consolidated Statement of Profit or Loss and Other Comprehensive Income112Consolidated Statement of Financial Position115Consolidated Statement of Changes in Equity117Consolidated Statement of Cash Flows120Notes to the Consolidated Financial Statements208Five-Year Financial SummarySINOFERT HO

3、LDINGS LIMITED Annual Report 20202DEFINITIONSIn this annual report,unless the context otherwise requires,the following expressions have the following meaning:TermDefinition“Audit Committee”the audit committee of the Company established by the Board in 1999“Board”the board of Directors of the Company

4、“Bye-law(s)”the bye-law(s)of the Company,as amended,modified or otherwise supplemented from time to time“ChemChina”中國化工集團有限公司(China National Chemical Corporation Limited)“Company”Sinofert Holdings Limited“Corporate Governance Code”the Corporate Governance Code and Corporate Governance Report contain

5、ed in Appendix 14 to the Listing Rules“Corporate Governance Committee”the corporate governance committee of the Company established by the Board in 2012“connected person”has the same meaning ascribed to it under the Listing Rules“connected transaction(s)”has the same meaning ascribed to it under the

6、 Listing Rules“continuing connected transaction(s)”has the same meaning ascribed to it under the Listing Rules“controlling shareholder”has the same meaning ascribed to it under the Listing Rules“COVID-19 pandemic”Novel Coronavirus(2019)pandemic“Director(s)”the director(s)of the Company“Group”the Com