Stock Code: 600320 900947 Stock Name: Zhenhua Heavy Zhenhua B-share
Shanghai Zhenhua Heavy Industries Co., Ltd.
Annual Report 2021
CONTENTS
Section I 03
Section II 04
Section III 08
Section IV Corporate Governance 22
Section V 34
Section VI 40
Section VII 50
Section VIII 54
Section IX 55
Section X 58
List of Reference Documents
Important Notice
2
3
4
5
6
8
9
2
2021
Section I
CCCC
CCCG
3
Section II
2 Contact Information
Name
Fax
3
Website
4
4
2021
5 Stock information
Stock Information
Stock abbreviation
600320
6
Name
2021 2020 2019
company
2021 2020 2019
company
78,332,081,199 79,320,644,540 -1.25 74,410,783,300
2021 2020 2019
—
—
5
8
9
Q1 Q2 Q3 Q4
Amount in Amount in Amount in
2021 2020 2019
880,025,920 480,702,506 203,812,528
6
2021
Impact on
December December Current
Item current
31,2020 31,2021
0 0
0 0
0
0
0
0
0
0
1,992,764,577 1,219,813,967 -772,950,610 557,970,592
Section III
8
2021
9
2
3
2021
4
Item
Gross
revenue
Port machinery
income
Gross
revenue
Oceania
2021
Amount
Amount
amount to be performance
or not
contract
Chairman of Sri
0 0
9 9
Proportion in Year-
Items of cost structure Notes
Port machinery
Engineering
3. Expenses
(
Number
Doctor
90
Number
0
of the Company
2021
2
3
Amount at Amount at Year- on-
Item Notes
year
2. Overseas assets
Item Reason for restriction
4
2021
5
Stock Source of
investment
abbreviation
cost
03969
300095
COSCO
Stock Source of
investment
abbreviation
cost
6
8
2021
2
3
20
2021
4
5
Section IV
Date of
Session of
meeting of
Meeting of
in 2020
meeting of
meeting of
22
2021
Number
Number Remuneration
before tax from
in Reason
Name Sex of
tenure tenure
or not
chairman of the
2024
53 0 0 0
manager
2024
Director
2024
58 0 0 0
2024
Director
2024
53 0 0 0
2024
chairman of
2024
Wang Cheng 49 0 0 0
chief
Director 0 0 0 0
2024
Sheng
52 0 0 0
2024
49 0 0 0
2024
46 0 0 0
2024
49 0 0 0
2024
2024
52 0 0 0
Chief
2024
Wei Wei 50 0 0 0
2024
59 0 0 0 0
2024
Wang
58 0 0 0
2024
0 0 0
2024
23
Number
Number Remuneration
before tax from
in Reason
Name Sex of
tenure tenure
or not
Shan
58 0 0 0
2024
53 0 0 0
2024
Chief engineer 60 0 0 0
2024
Chief
0 0 0
2024
50 0 0 0
2024
chairman of
52 0
0 0 0
Qingfeng
65 0 0 0 6
60 0 0 0 6
Xiang
46 0 0 0
59 0 0 0
50 0 0 0
2022
Chen Bin 48 0
534,528 534,528 0 1,540.03
Name
Wang
Cheng
24
2021
Name
Sheng
Wei Wei
Wang
Shan
25
Name
Qingfeng
Xiang
Chen Bin
26
2021
2
Expiration
Name of in-
Position
tenure
tenure
Expiration
Name of in-
entities
tenure tenure
Sheng
3
senior executives
4
Name Post
Wang Cheng Director
Wang Cheng
Director
Name Post
Chen Bin
5
6
28
2021
Director
name Times of Times of
not Times of
Times of Times of absence
Times of
for two
absence
consecutive
times
9 0 0 3
0 0 3
0 0 3
Wang Cheng 4 4 4 0 0
0 0 0 0 0 0
Sheng
0 0 2
0 0 4
0 0 2
0 0 4
2 2 2 0 0 0
0 0 0
Qingfeng
6 6 5 0 0
6 6 5 0 0
2
3
Strategy committee
29
2
Contents
3
Contents
4
Contents
5
30
2021
8,250
44
Functions
424
8,250
Doctor
8,250
2
3
4
2
3
2
3
4
32
2021
companies
33
Section V
1. Emission information
Name of main Over-
Number
Emission Distribution Emission emissions emissions
of
concentration in 2021 in 2021 emissions
in 2021
SO2 0*
0*
Shanghai
Meeting
canteen
COD
2
Meeting
Port Machinery
SO2
canteen
Meeting
Shanghai coating Meeting
COD
2
nitrogen
34
2021
Name of main Over-
Number
Emission Distribution Emission emissions emissions
of
concentration in 2021 in 2021 emissions
in 2021
23
Meeting
canteen
COD
nitrogen
5
Meeting
Machinery
COD
nitrogen
Meeting
Marine
COD
nitrogen
SO2
Shanghai Port coating Meeting
COD
nitrogen
35
acceptance
Branch
36
2021
2
3
performance
4
38
2021
2
39
Section VI
2
3
2
3
4
6
40
2021
Name Remuneration
2
3
2
Amount Execution of
arbitration
Shanghai
0
Marine
Engineering
3
Reason
Proportion
Price of
amount between
transaction transaction
transaction transaction
transaction transactions transaction
market
price
Monetary
Corporation
company
Monetary
company
Monetary
company
Monetary
Monetary
company
Monetary
company
Monetary
company
Monetary
company
Monetary
company
Monetary
company
Monetary
company
Monetary
Monetary
company
Monetary
Monetary
company
42
2021
Reason
Proportion
Price of
amount between
transaction transaction
transaction transaction
transaction transactions transaction
market
price
Monetary
company
Monetary
company
Monetary
company
Monetary
company
Monetary
company
Monetary
company
Monetary
company
Monetary
company
Monetary
company
Monetary
company
Monetary
company
Monetary
Corporation
company
Monetary
Monetary
company
Monetary
company
Monetary
company
Monetary
company
Monetary
company
Monetary
company
Monetary
Monetary
company
Monetary
company
Monetary
company
Monetary
company
Monetary
company
43
Reason
Proportion
Price of
amount between
transaction transaction
transaction transaction
transaction transactions transaction
market
price
Monetary
company
Monetary
company
Monetary
company
Monetary
company
of CCCC
Monetary
company
Monetary
company
Monetary
company Company
Monetary
company Company
Monetary
company Company
Monetary
company Company
Monetary
company Company
Monetary
company Company
Monetary
company Company
Monetary
company Company
Monetary
company Company
Monetary
Company
Monetary
company Company
Monetary
company Company
Monetary
company Company
Monetary
Company
Monetary
Corporation
company Company
Monetary
company Company
Monetary
Company
Monetary
company Company
44
2021
Reason
Proportion
Price of
amount between
transaction transaction
transaction transaction
transaction transactions transaction
market
price
Monetary
company Company
Monetary
company Company
Monetary
company Company
Monetary
company Company
Monetary
company Company
Monetary
company Company
Monetary
company Company
Monetary
company Company
Monetary
company Company
Monetary
company Company
Monetary
company Company
Monetary
for the Company
company
Monetary
for the Company
Monetary
for the Company
company
Monetary
for the Company
company
Monetary
for the Company
company
Monetary
for the Company
company
Monetary
for the Company
company
Monetary
for the Company
company
Monetary
for the Company
company
Monetary
for the Company
company
Monetary
for the Company
company
Monetary
for the Company
company
of CCCC
Monetary
for the Company
company
45
Reason
Proportion
Price of
amount between
transaction transaction
transaction transaction
transaction transactions transaction
market
price
Monetary
for the Company
company
Shanghai China
Monetary
for the Company
company
Monetary
for the Company
company
Monetary
for the Company
company
Monetary
for the Company
company
6,363,325,779
2
3
46
2021
4
5
1. Deposit business
Deposit interest December 31, December 31,
2020 2021
parent company
75,000,000 1,525,000,000 1,600,000,000
2.Loan business
Loan interest December 31, December 31,
2020 2021
CCCC Xiongan
3,606,326,944 427,295,000 3,553,938,394 479,683,550
6
Impacts of
Amount Termination
Income from income from
transaction
assets income from
or not
Shanghai
Other
Shanghai Shanghai Changyin
Other
2024
Shanghai
Shanghai Changyi
Other
2 Guarantee
Guarantee
Date of
Due Amount of Counter
Guarantor
amount or not
or not
or not
not
48
2021
3
Other information
Other information
Other information
Other information
4
49
Section VII
2
2
structures
3
50
2021
2
Number of Number of
Nature of
Number
status
0 0 0
0 0 0
0 0 0
0
0
0
0
0
0
0
0
Number of non-
3
Name
52
2021
CCCG
CCCC
2
53
CCCG
CCCC
3
Section VIII
54
2021
Section IX
2
3
Risk of
Issue Interest termination
Abbreviation
venue
of Shanghai
2020 2020 2099 28 every year
2020
Person to contact Contact number
Accountants
Qin
55
4
5
6
56
2021
2021 2020
0
0
Section X
Opinion
2
3
58
2021
59
4
5
6
60
2021
Item Note As at December 31, 2021 As at December 31, 2020
40,380,798,875 40,802,349,822
62
2021
Item Note As at December 31, 2021 As at December 31, 2020
37,951,282,324 38,518,294,718
78,332,081,199 79,320,644,540
32,627,935,525 42,575,481,163
63
Item Note As at December 31, 2021 As at December 31, 2020
28,054,092,654 19,669,925,166
60,682,028,179 62,245,406,329
company
17,650,053,020 17,075,238,211
78,332,081,199 79,320,644,540
Chairman of
64
2021
Item Note As at December 31, 2021 As at December 31, 2020
48,350,151,059 49,005,458,850
17,248,266,073 17,292,503,957
65,598,417,132 66,297,962,807
65
Item Note As at December 31, 2021 As at December 31, 2020
27,400,939,065 36,052,662,246
23,031,975,381 15,350,406,507
50,432,914,446 51,403,068,753
15,165,502,686 14,894,894,054
65,598,417,132 66,297,962,807
Chairman of
66
2021
Item Note 2021 2020
25,977,976,968 22,655,141,652
26,137,975,161 22,418,218,004
588,084,985 492,866,842
605,341,119 502,206,431
528,345,577 416,135,431
Item Note 2021 2020
-10,934,767 -109,245,376
parent company
517,410,810 306,890,055
Chairman of
68
2021
Item Note 2021 2020
22,989,491,248 21,792,572,077
255,648,354 331,254,281
258,318,540 333,359,136
278,399,488 337,923,832
13,884,144 -30,846,811
292,283,632 307,077,021
Chairman of
69
Item Note 2021 2020
2021
Item Note 2021 2020
-79,402,225 -134,669,468
1,552,095,537 -170,282,636
4,449,837,877 2,897,742,340
Chairman of
Item Note 2021 2020
-42,758,085 -58,610,469
1,739,777,733 84,795,860
3,594,644,403 1,854,866,670
Chairman of
2021
Item
reserves stock reserves reserves preparation
stock income
5,268,353,501 500,000,000 4,834,854,332 -62,927,398 1,936,153 1,651,418,547 2,377,187,005 14,570,822,140 2,504,416,071 17,075,238,211
5,268,353,501 500,000,000 4,834,854,332 -62,927,398 1,936,153 1,651,418,547 2,377,187,005 14,570,822,140 2,504,416,071 17,075,238,211
7,661,383 -6,427,660 -1,477 27,839,949 390,324,296 419,396,491 155,418,318 574,814,809
5,268,353,501 500,000,000 4,842,515,715 -69,355,058 1,934,676 1,679,258,496 2,767,511,301 14,990,218,631 2,659,834,389 17,650,053,020
2021
2020
Item
reserves stock reserves reserves preparation
stock income
5,268,353,501 4,834,854,332 23,530,451 3,615,638 1,761,198,709 3,651,851,383 15,543,404,014 3,027,632,431 18,571,036,445
5,268,353,501 4,834,854,332 23,530,451 3,615,638 1,617,626,164 2,252,156,764 14,000,136,850 2,956,157,303 16,956,294,153
500,000,000 -86,457,849 -1,679,485 33,792,383 125,030,241 570,685,290 -451,741,232 118,944,058
5,268,353,501 500,000,000 4,834,854,332 -62,927,398 1,936,153 1,651,418,547 2,377,187,005 14,570,822,140 2,504,416,071 17,075,238,211
Chairman of
2021
Item
stock reserves
stock income
5,268,353,501 500,000,000 4,914,468,683 -22,498,704 1,650,910,274 2,583,660,300 14,894,894,054
5,268,353,501 500,000,000 4,914,468,683 -22,498,704 1,650,910,274 2,583,660,300 14,894,894,054
13,884,144 27,839,949 228,884,539 270,608,632
5,268,353,501 500,000,000 4,914,468,683 -8,614,560 1,678,750,223 2,812,544,839 15,165,502,686
2021
2020
Item
reserves stock reserves reserves
income
5,268,353,501 4,914,468,683 8,348,107 1,760,690,436 3,835,099,435 15,786,960,162
5,268,353,501 4,914,468,683 8,348,107 1,617,117,891 2,542,946,526 14,351,234,708
500,000,000 -30,846,811 33,792,383 40,713,774 543,659,346
5,268,353,501 500,000,000 4,914,468,683 -22,498,704 1,650,910,274 2,583,660,300 14,894,894,054
Chairman of
2021
2
2
2
3
4
5
2021
6
8
9
80
2021
Inventories
82
2021
Contract assets
Debt investment
20
83
84
2021
22 Investment properties
23
85
Depreciation
Ship
24
25
86
2021
26
28
29
30
32
88
2021
33
34
35
36
89
38 Revenue
90
2021
39 Contract cost
40
92
2021
42 Lease
93
43
94
2021
95
44
Remarks
96
2021
Remarks
the convergence
information for
：
Impact
Impact
Impact
Impact
98
2021
Impact
Impact
99
Impact
Impact
2021
Item December 31, 2020
40,802,349,822 40,802,303,822 -46,000
Item December 31, 2020
38,518,294,718 38,534,987,031 16,692,313
79,320,644,540 79,337,290,853 16,646,313
2021
Item December 31, 2020
42,575,481,163 42,585,489,170 10,008,007
19,669,925,166 19,676,563,472 6,638,306
62,245,406,329 62,262,052,642 16,646,313
company
17,075,238,211 17,075,238,211
79,320,644,540 79,337,290,853 16,646,313
Item December 31, 2020
49,005,458,850 49,005,412,850 -46,000
17,292,503,957 17,292,668,097 164,140
66,297,962,807 66,298,080,947 118,140
2021
Item December 31, 2020
36,052,662,246 36,052,719,031 56,785
15,350,406,507 15,350,467,862 61,355
51,403,068,753 51,403,186,893 118,140
14,894,894,054 14,894,894,054
66,297,962,807 66,298,080,947 118,140
45
VI. Taxes
Tax rate
The Company
2021
2 Tax preferences
3
Item December 31, 2021 December 31, 2020
4,571,837,584 2,948,074,736
2
Item December 31, 2021 December 31, 2020
1,153,533,922 1,601,623,650
2021
3
4
Item December 31, 2021 December 31, 2020
3,979,800 753,000
5
December 31, 2021
8,477,668,107
December 31, 2021
Proportion Proportion of
Amount Amount
89
8,477,668,107 2,028,817,351 6,448,850,756
December 31, 2020
Proportion Proportion of
Amount Amount
80
93
9,101,836,922 1,874,771,667 7,227,065,255
December 31, 2021
Name Proportion of
Reason for provision
50
898,273,314 655,457,495 73
2021
Reason for provision
53
660,986,510 529,388,510
20
December 31, Provision in December 31,
2020 2021 2021 2021 2021
scope
2020
2021 2020
4 5
20
25 29
45 63
66 42
7,579,394,793 1,373,359,856 8,440,850,412 1,345,383,157
6
Item December 31, 2021 December 31, 2020
245,408,260 362,006,319
2021 2020
Amount Amount not Amount Amount not
1,113,566,283 - 831,810,701 -
2021
December 31, 2021 December 31, 2020
Amount Amount
83 64
6 25
4 6
5
1,159,427,850 100 767,380,147 100
Amount
52
Amount
8
Item December 31, 2021 December 31, 2020
940,522,896 913,410,163
December 31, 2021
1,180,797,037
December 31, 2021 December 31, 2020
1,180,797,037 1,152,168,102
2021
December 31,
Name Nature
2021
6
5
5
5
407,950,547 35 218,557,893
9 Inventories
December 31, 2021 December 31, 2020
Item
for impairment of for impairment of
contract performance contract performance
cost cost
Contract performance
23,247,597,239 1,173,822,509 22,073,774,730 23,320,160,296 994,321,180 22,325,839,116
December 31, December 31,
Item
2020 Provision 2021
994,321,180 274,937,365 95,436,036 1,173,822,509
2021
2021 2020
19,764,315,980 19,305,130,761
Contract assets
December 31, 2021 December 31, 2020
Item Provision for Provision for
impairment impairment
2,079,155,295 107,699,445 1,971,455,850 2,149,806,101 86,509,211 2,063,296,890
Item Reason
70,645,801 49,455,567
2021 2020
3 3
24
45 44
2,079,155,295 107,699,445 2,149,806,101 86,509,211
Item December 31, 2021 December 31, 2020
1,437,034,591 1,884,370,444
Item December 31, 2021 December 31, 2020
359,805,348 708,484,102
2021
Debt investment
December 31, 2021 December 31, 2020
Provision Discount
Item Provision
income
2,674,407,383 2,674,407,383 2,663,620,931 2,663,620,931
Item 2021 2020
2,674,407,383 5,077,114,342
Provision for
December 31, December 31, impairment at
2020 on investments Provision for 2021
investment investment impairment
income
277,261,963 51,800,590 -5,000,000 324,062,553
II. Associates
2021
Provision for
December 31, December 31, impairment at
2020 on investments Provision for 2021
investment investment impairment
income
Shanghai Ocean Engineering
2,764,970,921 6,000,000 1,420,657,303 185,973,023 10,458,625 -29,086,560 1,517,658,706
3,042,232,884 6,000,000 1,420,657,303 237,773,613 10,458,625 -34,086,560 1,841,721,259
Item December 31, 2021 December 31, 2020
66,280,045 61,505,751
Amount Reasons for
income
Item income
income into
current
income
Shenyang Weichen Crane
Item December 31, 2021 December 31, 2020
330,094,057
2021
20 Investment properties
Construction in
Item
constructions
675,731,000
89,737,786
89,737,786
765,468,786
208,123,481
96,267,888
20,584,143
75,683,745
304,391,369
III. Provision for impairment
461,077,417
467,607,519
Transportation
Item
constructions
33,588,265,677
1,452,273,183
832,124,523
620,148,660
698,423,514
428,556,023
151,672,871
89,737,786
28,456,834
34,342,115,346
13,767,664,280
1,181,177,790
1,181,177,790
625,271,461
403,335,281
136,505,583
75,683,745
9,746,852
14,323,570,609
III. Provision for impairment
2021
Transportation
Item
constructions
20,018,544,737
19,820,601,397
Item
Item
Nature Amount
Nature Amount
2021 2020
22
December 31, 2021 December 31, 2020
Item Provision for Provision for
impairment impairment
4,691,782,000 4,691,782,000 4,520,147,819 4,520,147,819
Amount
Proportion of
December 31, December Construction amount of
2020 assets in 31, 2021 interest
investment in
86 86
83 83
89 89
86 86
28,332,244,796 4,520,147,819 792,049,508 620,148,660 266,667 4,691,782,000
2021
23
24
25
Item
constructions
16,884,133
16,884,133
2,209,079
19,093,212
11,440,962
11,440,962
11,440,962
III. Provision for impairment
7,652,250
16,884,133
26
Software contract
Item
use fee assets
4,360,072,972
148,011,219
147,744,552
(
(
266,667
890,644
( 890,644
4,507,193,547
1,012,622,258
94,839,145
94,839,145
695,112
695,112
1,106,766,291
III. Provision for impairment
3,400,427,256
3,347,450,714
2021
28
December 31, December
2020 31, 2021
combination
261,072,463 2,434,034 258,638,429
2021 2020 2021 2020 2021 2020
29
Increase in
December December 31,
Item
31, 2020 2021
310,991 207,327 103,664
2020
scope
)
2021
30
December 31, 2021 December 31, 2020
Item
tax assets tax assets
5,677,743,676 853,334,018 5,657,890,288 849,358,078
December 31, 2021 December 31, 2020
Item
1,004,129,299 156,504,683 1,299,668,530 203,064,077
income tax assets
Item
Item December 31, 2021 December 31, 2020
2,392,908,486 2,299,496,164
Year December 31, 2021 December 31, 2020 Remark
2022
2023
2024
2025
2026
1,766,772,244 1,676,785,029
December 31, 2021 December 31, 2020
Item Provision for Provision for
impairment impairment
3,794,797,261 37,855,051 3,756,942,210 3,268,758,001 18,260,301 3,250,497,700
Provision in
2020
2021
32
Item December 31, 2021 December 31, 2020
5,977,692,367 17,795,076,565
33
Increase in current Decrease in current
Item December 31, 2020 December 31, 2021
458,882 458,882
34
35
December 31, 2021 December 31, 2020
4,160,666,800 3,600,725,892
36
Item December 31, 2021 December 31, 2020
6,966,472,639 7,773,903,147
2021 2020
Amount Amount
6,966,472,639 100 7,773,903,147 100
Item December 31, 2021 December 31, 2020
4,893,675
2021
2021 2020
Proportion in
Amount Amount
38
Item December 31, 2021 December 31, 2020
12,386,142,828 11,195,309,083
39
Increase in current Decrease in current
Item December 31, 2020 December 31, 2021
one year
188,799,969 2,205,176,153 2,358,334,282 35,641,840
Increase in current Decrease in current
Item December 31, 2020 December 31, 2021
Increase in current Decrease in current
Item December 31, 2020 December 31, 2021
188,799,969 1,877,439,989 2,030,598,118 35,641,840
Increase in Decrease in
Item December 31, 2020 December 31, 2021
327,736,164 327,736,164
40
Item December 31, 2021 December 31, 2020
167,827,388 160,782,931
Item December 31, 2021 December 31, 2020
409,527,645 481,065,700
2021
Item December 31, 2021 December 31, 2020
6,593 352,598
Item December 31, 2021 December 31, 2020
409,521,052 480,713,102
2021 2020
Amount Amount
29
409,521,052 100 480,713,102 100
42
43
Item December 31, 2021 December 31, 2020
2,523,964,018 1,384,473,326
44
45
Item December 31, 2021 December 31, 2020
year
24,943,760,955 16,850,299,742
2021
46
Item December 31, 2021 December 31, 2020
736,624 6,638,306
48
Item December 31, 2021 December 31, 2020
2,163,591,149 1,632,757,932
49
50
Item December 31, 2020 December 31, 2021 Causes
261,072,318 188,005,742
2021
Increase in Decrease in
Item December 31, 2020 December 31, 2021 Causes
388,756,001 62,437,358 62,369,395 388,823,964
Amount
Amount
New
in non-
December December 31,
amount
31, 2020 income 2021
in current income
in current
in current
Amount
Amount
New
in non-
December December 31,
amount
31, 2020 income 2021
in current income
in current
in current
of marine engineering
in marine engineering
machinery
2021
Amount
Amount
New
in non-
December December 31,
amount
31, 2020 income 2021
in current income
in current
in current
Marine engineering
machinery
Amount
Amount
New
in non-
December December 31,
amount
31, 2020 income 2021
in current income
in current
in current
crane
2021
Amount
Amount
New
in non-
December December 31,
amount
31, 2020 income 2021
in current income
in current
in current
gear
innovation chain
52
Item December 31, 2021 December 31, 2020
292,297,881 430,372,502
53
December 31, Conversion
Sub- December 31,
2020 of reserves
2021
5,268,353,501 5,268,353,501
54
Issue
Date of issue Interest rate Number Amount
price
2020
in the year 2020
2021
Increase in current Decrease in current
instruments Amount Amount Amount Amount
the year 2020
5,000,000 500,000,000 5,000,000 500,000,000
55
December 31, Increase in Decrease in December 31,
Item
2020 2021
4,834,854,332 7,661,383 4,842,515,715
56
December 31, December
Item Pre-tax
2020 income 31, 2021
amount
tax
after tax
tax
-14,265,146 4,774,294 716,144 4,058,150 -10,206,996
December 31, December
Item Pre-tax
2020 income 31, 2021
amount
tax
after tax
tax
the variation of net
-48,662,252 -14,992,917 -10,485,810 -4,507,107 -59,148,062
income
impairment of other
income
58
Increase in current Decrease in current
Item December 31, 2020 December 31, 2021
1,936,153 78,010,442 78,011,919 1,934,676
2021
59
Increase in current Decrease in current
Item December 31, 2020 December 31, 2021
1,651,418,547 27,839,949 1,679,258,496
60
Item
Item
Revenue Cost Revenue Cost
25,977,976,968 23,498,271,033 22,655,141,652 19,413,265,254
000
Item 2021 2020
31,405.7864 25,850.2277
2021
Item 2021 2020
substance
XXX-Division
Port machinery
Oceania
XXX-Division
Port machinery
Port machinery
Shipping
25,732,313,229
2021
62
Item
108,179,417 106,278,271
63
Item
115,347,438 105,763,639
64
Item
Item
869,195,529 937,700,839
65
Item
883,154,222 737,468,137
66
Item
663,827,522 1,117,741,864
2021
Item
75,986,080 93,228,051
68 Investment income
Item
1,286,473,690 413,517,783
69
contract
option contract
-235,912,837 94,172,456
Item
155,561,886 138,083,561
Item
2021
Item
294,180,123 213,647,223
Item
71,278,254 6,755,688
Amount
Item
26,667,187 17,337,499 26,667,187
Item
9,411,053 7,997,910 9,411,053
2021 2020
25,365,968,222 21,194,197,869
Income tax expenses
Item
76,995,542 86,071,000
2021
Item
Item
308,351,304 338,290,726
Item
561,060,750 593,529,579
Item
425,449,726 337,058,520
Item
266,251,559
Item
1,309,979,506 698,202,619
2021
Current amount Previous amount
2021 2020
Item December 31, 2021 December 31, 2020
4,449,837,877 2,897,742,340
80
Item Reason of restriction
9,297,315,243
.
2021
82
Item
rate
- -
GBP
SGD
5 22
- -
GBP
SGD
Item
rate
- -
SGD
- -
GBP
SGD
- -
- -
- -
- -
- -
- -
2021
83
84
85
2
3
4
5
6
nature Direct
Machine
Shanghai
Shipping
Shipping
Machine
Province
Province
Machine
Province
Province
Shipping
Shanghai
Machine
Spain
2021
nature Direct
Germany
Singapore Singapore
Machine
Machine
Machine
Province
Province
Engineering
Province
Province
Machine
Province
Province
Shipping
Shipping
Virginia
Engineering
Province
Province
Engineering
Province
nature Direct
Engineering
Province
Engineering
Province
Province
Engineering
Province
Province
Engineering
Province
Province
catering
Engineering
Province
Province
Panama Panama
Corporation
Shipping
Shipping
Shipping
Shipping
Shipping
Shipping
Shipping
Singapore Singapore Shipping
2021
nature Direct
Maritime
engineering
Engineering
Province
Province
Engineering
Province
reserves
ratio of
Management
2020
reserves
ratio of
）
Management
2021
December 31, 2021
Current Non-current Current Non-current
assets assets
December 31, 2020
Current Non-current Current Non-current
assets assets
revenue income
revenue income
2
3
Direct treatment
business
Marine engineering
Shipping
Shipping
Associates
Shanghai
Shanghai
Shanghai
Shanghai
Singapore Singapore
Shanghai Ocean Engineering
Shanghai China ocean engineering
Shanghai Shanghai
engineering
2021
company
ratio
parent company
4
5
6
2021
4,571,837,584
1,153,533,922
3,979,800
245,408,260
6,448,850,756
940,522,896
1,437,034,591
66,280,045
2,674,407,383
1,153,533,922 - 16,076,633,010 245,408,260 66,280,045 17,541,855,237
5,977,692,367
4,160,666,800
6,966,472,639
394,564,205
2,516,974,830
24,943,760,955
2,163,591,149
- - 47,123,722,945 47,123,722,945
2020
2,948,074,736
1,601,623,650
753,000
362,006,319
7,227,065,255
913,410,163
1,884,370,444
61,505,751
5,077,114,342
330,094,057
1,931,717,707 - 18,050,787,490 362,006,319 61,505,751 20,406,017,717
cost
17,795,076,565
458,882
3,600,725,892
7,773,903,147
465,042,915
1,374,465,319
16,850,299,742
1,632,757,932
458,882 - 49,492,271,512 49,492,730,394
2
2021
3
(
4,571,837,584
1,153,533,922
3,979,800
6,448,850,756
1,971,455,850
245,408,260
940,522,896
1,437,034,591
3,723,160,470
2,674,407,383
10,982,406,262 - 12,143,467,076 23,170,191,512
2021
2020
2,948,074,736
1,601,623,650
753,000
7,227,065,255
2,063,296,890
362,006,319
913,410,163
1,884,370,444
330,094,057
702,933,384
5,077,114,342
13,040,696,452 76,750,259 - 9,993,295,529 23,110,742,240
2021
6,039,107,924
4,160,666,800
6,966,472,639
409,527,645
2,629,217,287
year
26,257,414,807
2,769,875,096
20,204,992,295 12,189,268,039 14,298,590,680 2,539,431,184 49,232,282,198
2020
2020
18,041,418,617
458,882
3,600,725,892
7,773,903,147
481,065,700
1,480,593,478
year
18,158,106,879
1,940,184,964
31,378,165,716 3,004,553,435 14,666,432,369 2,427,306,039 51,476,457,559
2020
2021
2020
instrument
investment income
2020
instrument
investment income
4
2021 2020
Item
measurement measurement measurement
1,153,533,922
1,153,533,922
8,438,278
1,145,095,644
2021
Item
measurement measurement measurement
66,280,045
245,408,260
1,145,095,644 245,408,260 74,718,323 1,465,222,227
2
3
2021
Name Scope
4
2021
Name
scope
5
6
8
9
2021
2
3
4
2021
CCCC
5
Content of transaction
2021
Content of transaction
Content of transaction
Content of transaction
CCCC
2021
000
Item
2021 2020
CCCG
- 136,299,640
2021 2020
2021 2020
426,000,000 3,372,980,000
2021 2020
2021 2020
54,789,280 46,059,510
6
31, 2021 31, 2020
Item
Provision Provision
2021
31, 2021 31, 2020
Item
Provision Provision
CCCC
31, 2021 31, 2020
Item
Provision Provision
500
CCCC
2021
31, 2021 31, 2020
Item
Provision Provision
Item
Item
2021
Item
CCCG
Item
2021 2020
2,555,302,003 3,582,701,235
2021 2020
2021 2020
2021
2021 2020
2,619,816,485 3,141,301,233
8
2021 2020
2
3
4
5
2021 2020
2
3
2
3
4
2
3
4
5
6
200
2021
2021 2020
Port machinery
25,977,976,968 22,655,141,652
Geographic information
2021 2020
Oceania
25,977,976,968 22,655,141,652
2021 2020
28,579,483,660 28,156,310,260
2021
2021
406,306,900
2021
104,632,378
December 31, 2020
33,717,286
2021
8
202
2021
16,933,798,634
December 31, 2021 December 31, 2020
Proportion Proportion of Proportion Proportion of
Amount Amount Amount Amount
5 4 80
95 8 96 8
16,933,798,634 1,888,796,590 15,045,002,044 17,137,035,456 1,803,709,232 15,333,326,224
December 31, 2021
Name
Reason for provision
50
898,273,314 655,457,495 73
203
Reason for provision
53
660,986,510 529,388,510
69
204
2021
2021 2020
2
30
26 39
45 68
66 36
83
16,035,525,320 1,233,339,095 16,476,048,946 1,274,320,722
December 31, December 31,
Provision in 2021
2020 2021
2020
2
Item December 31, 2021 December 31, 2020
3,836,840,864 5,505,896,413
205
December 31, 2021
3,847,166,471
December 31, 2021 December 31, 2020
3,847,166,471 5,516,222,020
206
2021
Name Nature December 31, 2021
December 31, 2021
59
8
6
5
2
3,109,962,571 80
3
December 31, 2021 December 31, 2020
Item Provision for Provision for
impairment impairment
9,046,140,403 9,046,140,403 8,725,608,053 8,725,608,053
Increase Provision for
December 31, Decrease in December 31,
in current impairment in for impairment as at
2020 2021
December 31, 2021
5,703,647,701 1,526,363,100 7,230,010,801
208
2021
provision for
December 31, Provision December
impairment as
2020 investments for 31, 2021
investment investment at December
impairment 31, 2021
income
II. Associates
Shanghai Ocean Engineering
2,745,330,569 6,000,000 1,420,657,303 180,653,898 10,458,625 29,086,560 1,492,699,229
3,021,960,352 6,000,000 1,420,657,303 232,454,488 10,458,625 34,086,560 1,816,129,602
4
Item
Revenue Cost Revenue Cost
22,989,491,248 21,313,600,636 21,792,572,077 19,380,258,843
209
XXX-Division
Port machinery
Oceania
Port machinery
Port machinery
22,884,140,462
2021
5 Investment income
Item
1,286,146,576 486,388,303
6
Item Amount Remarks
Item Amount Remarks
880,025,920
2
3
2021
4
Revision information