证券代码（A/H）：000063/763 证券简称(A/H)：中兴通讯 公告编号：202142
中兴通讯股份有限公司关于按照《香港上市规则》公布
2020年年度报告
本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚假记载、误导性陈述或重大遗漏。
中兴通讯股份有限公司根据《香港联合交易所有限公司证券上市规则》（简称“《香港上市规则》”）规定，在香港联合交易所有限公司披露易网站（www.hkexnews.hk）刊登了《2020年年度报告》。
根据《深圳证券交易所股票上市规则（2020年修订）》15.1条关于境内外同步披露的要求，特将有关公告同步披露如下，供参阅。
特此公告。
中兴通讯股份有限公司董事会
2021年4月9日
2020
: 000063.SZ763.HK
2020
20201231
2020AH10220202020
AH
2021
(http://www.cninfo.com.cn)
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STEnablence TechnologiesEnablence Technologies Inc.
201720162017A
2017H20202020
4GITUIMT-AdvancedLTE-AdvancedWireless
MAN-Advanced (802.16m)1Gbit/s100Mbit/s5G4G5G
1,000100
ICTITCTICT
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CDN(Content Delivery Network)
4K/8K/VR/AR
4K4,096FOV(Field of Vision)
VR
SaaSPaaSIaaS
(Volume)(Variety)(Velocity)(Value)4V
Internet
公司簡介
199711A200412H
AICT
1601/4
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ZTE CorporationZTE
+86 755 26770282+86 755 26770286IR@zte.com.cn
518057http://www.zte.com.cnIR@zte.com.cn
http://www.cninfo.com.cnhttp://www.hkexnews.hk
7A
000063H
公司基本情況
183171712–
–
6003B222020242021123112 √
9144030027939873X7A
董事長報告書
20201,014.51
11.81%
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334.00
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二零二零年年度報告
(2)
(3)
㘚?
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2020622
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20191231–20201231493,5220.01%+381,185,042———+381,185,042381,678,5648.27%
—————————
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———————————————————————————5493,5220.01%+86,074———+86,074579,5960.01%4,227,036,34799.99%+4,719,987———+4,719,9874,231,756,33491.73%13,471,533,81382.12%+4,719,987———+4,719,9873,476,253,80075.35%
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4,721,6925,776,669
4,721,6925,776,669
4,259,7525,147,87716,236348,600445,704280,192(295,330)49,44136(269,642)46,581
——350(7,599)350(7,599)(269,992)54,180(269,992)54,180(25,688)2,860
4,426,3625,826,1103,990,1105,194,45816,236348,600420,016283,052
550.921.22
550.921.22
????20201231
2020
4,227,53012,144,432—(2,000,980)2,775,52111,680,36528,826,8686,252,3642,875,06637,954,298
———(269,642)—4,259,7523,990,11016,236420,0164,426,362
1. 385,90511,206,155————11,592,060—437,14512,029,2052.—188,797————188,797——188,7973.————————(384,274)(384,274)4.—(458,009)————(458,009)—(288,333)(746,342)5.—(80,000)————(80,000)(5,920,000)—(6,000,000)6.—274,435(114,766)———159,669——159,669
1.————192,952(192,952)————2.—————(922,687)(922,687)(348,600)(233,922)(1,505,209) 4,613,43523,275,810(114,766)(2,270,622)2,968,47314,824,47843,296,808—2,825,69846,122,5062019
4,192,67211,444,456(2,047,561)2,324,7486,983,26122,897,5766,252,3643,810,73532,960,675
———(1,441)1,441————4,192,67211,444,456(2,047,561)2,323,3076,984,70222,897,5766,252,3643,810,73532,960,675
——46,581—5,147,8775,194,458348,600283,0525,826,110
1. 34,858943,559———978,417—112,1671,090,5842.—(148,435)———(148,435)——(148,435)3.——————(820,451)(820,451)
4. (95,148)———(95,148)—(29,856)(125,004)
1.———452,214(452,214)————2.——————(348,600)(480,581)(829,181) 4,227,53012,144,432(2,000,980)2,775,52111,680,36528,826,8686,252,3642,875,06637,954,298
20201231????????????
20202019114,716,07895,558,437
3,985,1334,408,7716,771,0025,372,061125,472,213105,339,26979,466,97863,769,92218,795,46415,605,420
6,599,7587,821,36910,377,36210,696,004115,239,56297,892,7155710,232,6517,446,554
6,509,8741,956,504273,809210,0919,3981,883,702251,702447,907
—65,000
7,044,7834,563,204
6,471,6526,550,620
7,363,5651,835,6995634,0092,200,000
257,671—14,126,89710,586,319
(7,082,114)(6,023,115)14,166,524590,720
2,612,0004,57048,160,98945,320,925566,54026,280
62,334,05345,937,92549,454,96436,301,498
6,000,000—
2,950,9702,640,253259,200480,581564,218,0241,274,456
62,623,95840,216,207(289,905)5,721,71836,624226,532
2,897,2567,371,68928,505,80021,134,1115731,403,05628,505,800
20201231????????????
202012312019123123,398,96013,001,41235,995103,889119,779,13224,893,537
1,864,4771,980,7981178,443230,035
11,7797,559240,271,86032,126,268
18,444,52719,692,914
5,180,0414,460,9773,490,8283,516,370112,656,042100,013,75936,439,0127,736,8773305,062200,671413,475,27212,270,582
706,117725,1251,600,0001,562,3806,056,8305,717,601365,523154,636372,162534,9883,156,3233,064,383314,854479,3202,244,1391,063,8384,983,9014,749,55440,019,19538,259,955152,675,237138,273,714
20201231????????????
20201231201912317,590,60811,729,902180,055230,323140,982115,81112,884,30219,363,81544,970,73429,734,98310,202,9399,347,1625,782,2755,223,312
131,27997,73513,871,71621,362,474
1,568,8181,786,167
747,843309,48998,071,55199,301,17316,931,4797,550,990
310,588200,858
218,235337,764
144,250144,505
293,675849,3201,798,3242,393,46819,696,55111,476,905117,768,102110,778,0784,613,4354,227,53021,583,8159,996,674
114,766—
701,136696,4672,306,7172,113,7655,816,7984,208,83634,907,13521,243,272
—6,252,36434,907,13527,495,636152,675,237138,273,714
???⺌
20201231
20202019594,147,28080,177,614581,047,28565,054,578
194,958446,4334,578,5714,498,7824,099,5773,917,9383,371,2213,267,566885,257476,3851,070,039994,596737,628482,275349,010236,91962,065,9397,751,0316(408,440)(159,135)
(65,131)(95,861)
(41,334)(41,547)65,556(2,464,932)
139,396(1,691,201)—2,662,7402,548,9788,968,94296,955109,566
543,741430,8762,102,1928,647,632
(637,645)523,1532,739,8378,124,4792,739,8378,124,4792,723,6017,775,87916,236348,6004,669(8,219)
——350(7,599)
4,319(620)2,744,5068,116,2602,728,2707,767,66016,236348,600
????
二零二零年年度報告
20201231
2020
4,227,5309,996,674—696,4672,113,7654,208,83621,243,2726,252,36427,495,636
———4,669—2,723,6012,728,27016,2362,744,506
1. 385,90511,203,909————11,589,814—11,589,8142.
—188,797————188,797—188,7973.—(80,000)————(80,000)(5,920,000)(6,000,000)4.—274,435(114,766)———159,669—159,669
1.————192,952(192,952)———2.—————(922,687)(922,687)(348,600)(1,271,287) 4,613,43521,583,815(114,766)701,1362,306,7175,816,79834,907,135—34,907,1352019
4,192,6729,244,984704,6861,662,992(3,101,864)12,703,4706,252,36418,955,834
———(1,441)(12,965)(14,406)—(14,406)4,192,6729,244,984704,6861,661,551(3,114,829)12,689,0646,252,36418,941,428
——(8,219)—7,775,8797,767,660348,6008,116,260
1. 34,858900,125———934,983—934,9832.—(148,435)———(148,435)—(148,435)
1.———452,214(452,214)———2.——————(348,600)(348,600) 4,227,5309,996,674696,4672,113,7654,208,83621,243,2726,252,36427,495,636
??20201231
20202019
106,663,87087,512,2242,360,2363,059,5811,591,7601,678,287110,615,86692,250,092
94,158,73080,621,791
5,930,1044,587,0411,410,7852,690,9125,852,6766,890,651107,352,29594,790,395
3,263,571(2,540,303)
3,028,230750,4214,332,8094,152,6166,7491,869,598——6,385,00065,00013,752,7886,837,6352,574,8303,903,2865,583,8001,390,6057,590,0002,200,00015,748,6307,493,891(1,995,842)(656,256)
11,554,524586,15037,216,36725,305,21848,770,89125,891,36831,024,26721,438,5666,000,000—2,354,2011,329,965
305,692243,71639,684,16023,012,2479,086,7312,879,121 (289,710)202,184 10,064,750(115,254)
10,032,69210,147,946 20,097,44210,032,692
20201231????????????
199710619971118
2021316
—
1.
202012312020
2.
111231
???⺌
20201231
3.
4.
20201231????????????
5.
6.
7.
???⺌
20201231
8.
9.
(1)(2)
(a)(b)
20201231????????
????
9.
???⺌
20201231
9.
20201231????????????
9.
10.
???⺌
20201231
11.
—
—
20201231????????????
11.
12.
13.
—
–505%1.90%–
3.17%
–105%9.5%–19%
–105%9.5%–19%
–105%9.5%–19%55%19%
14.
???⺌
20201231
15.
(1)(2)(3)
(1)(2)
16.
20201231????????
????
17.
–
–
–
–
–
???⺌
20201231
18.
20201231????????????
19.
???⺌
20201231
20.
21.
(1)(2)(3)
22.
20201231????????????
23.
24.
???⺌
20201231
24.
20201231????????????
24.
(1)
(2) (1)
(3) (1)
25.
???⺌
20201231
26.
(1)(2)(3)
(1)(2)
(1)(2)
27.
20201231????????????
28.
(1)(2)
(1)(2)
???⺌
20201231
29.
20201231????????????
29.
(1)(2)
(1)(2)
30,000
???⺌
20201231
29.
(1)(2)(1)
(2) 20
30.
20201231????????
????
31.
32.
(1)(2)
(3)
???⺌
20201231
32.
20201231????????????
32.
—
—
—
–
???⺌
20201231
32.
20201231????????????
32.
???⺌
20201231
32.
202012312,035,234201912311,957,242
EV/EBITP/BP/E
20201231????????????
1.
—13%5%6%9%—————200811
2.
2020–202215%202010%
2019–202115%
202010%202010%202010%202015%
202010%
???⺌
20201231
2.
2018–202015%202012.5%
2020–202215%202012.5%2019–202115%202010%2020–202215%2020–202215%
1.
2020123120191231
1,6552,26933,974,44429,963,5671,683,7333,343,51135,659,83233,309,347202012313,674,558201912313,902,21960,6972019123120,962
2,573,043201912311,460,036
20201231????????????
2.
2020123120191231
507,821523,227529,08537,4351,036,906560,662
3.
2020123120191231
36,118106,065A—
100,2302019162,1504A.
–
2020123120191231
(%)
(%)
(%)
(%)4,002,648164,002,6481007,001,590217,001,590100
21,442,801845,551,7812625,876,940796,098,6602425,445,4491009,554,4293832,878,53010013,100,2504020201231
1*437,501437,501100%2*275,245275,245100%3*242,243242,243100%4*234,235234,235100%5*126,316126,316100%640*2,687,1082,687,108100%
4,002,6484,002,648100%*
???⺌
20201231
4A.
20191231
1*597,986597,986100%2*578,775578,775100%3*563,352563,352100%4*428,987428,987100%5*426,086426,086100%6*299,436299,436100%7*285,746285,746100%8*280,176280,176100%9*226,802226,802100%10*155,666155,666100%11*140,761140,761100%12*121,161121,161100%1348*2,896,6562,896,656100%
7,001,5907,001,590100%
*
2020123120191231
(%)
(%)
–613,794,1872334,34816,601,9104582,539
–121,359,04619252,6692,581,09610249,165121,798,89234606,1151,637,21736581,71323917,23886785,2111,653,697781,282,22333,573,4381003,573,4383,403,0201003,403,020
21,442,8015,551,78125,876,9406,098,6602020127,6202019
67,1712,627,39220191,113,5151320194
20201231????????????
4A.
2020
13,100,538182,221(3,366,645)(360,780)9,555,33413,100,250181,604(3,366,645)(360,780)9,554,429
288617——
2019
12,384,8361,777,598(1,359,859)297,96313,100,53812,381,9831,780,163(1,359,859)297,96313,100,2502,853(2,565)——
20201231
12,232,1448.77%26,23221,408,6165.54%565,33531,178,7844.63%23,8414711,3362.80%21,3405497,2331.95%13,352
6,028,11323.69%650,10020191231
12,690,4948.18%45,79522,128,7666.47%37,67131,885,5895.74%497,93041,158,5923.52%28,1785727,2062.21%29,397
8,590,64726.12%638,9717,183,09920197,501,234187,5252019209,387
???⺌
20201231
4B.
2020123120191231
1,465,7911,749,294504,833681,0951,970,6242,430,389
20201231201912311,614,429—1,125,08816,9861,369,471—884,55062,8302,983,900—2,009,63879,816
20201,936(497)—1,43920192,455(519)—1,9365.
20201231201912311321,792100%402,525100%20201231
119,9346.19%217,0055.28%315,2804.75%410,0003.11%59,2842.89%
71,50322.22%
20201231????????????
5.
20191231
125,5266.34%223,1475.75%313,9663.47%413,4393.34%512,4333.09%
88,51121.99%
6.
2020123120191231
64,353890—3,0811,088,1261,019,3001,152,4791,023,271
2020123120191231
64,353890
2020123120191231
—3,081
20201231201912311712,800664,60512400,421417,7712385,80272,726391,289104,335
1,290,3121,259,437(202,186)(240,137)1,088,1261,019,300
???⺌
20201231
6.
2020123120191231
296,171192,992791,955826,3081,088,1261,019,30020201231
1125,0009.68%——256,6464.39%(56,646)100%342,6153.30%(42,615)100%436,0002.79%——532,7292.54%——292,99022.70%(99,261)20191231
1110,9108.81%(110,910)100%256,8344.51%(56,834)100%345,6383.62%(45,638)100%433,7152.68%——525,7682.05%——272,86521.67%(213,382)
–
994,14112
—239,310240,137——120,577120,577(34)—
(189)(223)
——(149,725)(149,725)——(8,580)(8,580)20201231793—201,393202,186
20201231????????
????
7.
202012312019123113,630,144789,09912,841,0456,092,323805,2585,287,0655,3731315,24213,47913113,3481,381,11022,2181,358,8921,201,24713,0121,188,2352,935,688548,4372,387,2513,101,870529,0992,572,77111,859,6661,838,06110,021,60512,600,2551,878,02610,722,2298,173,0031,097,7327,075,2718,943,8821,039,0227,904,86037,984,9844,295,67833,689,30631,953,0564,264,54827,688,508
2020
805,25825,939(84,372)42,274789,099
———
13,0125,154(7,714)11,76622,218529,09950,182(33,385)2,541548,4372,917,04831,152(8,751)(3,656)2,935,7934,264,548112,427(134,222)52,9254,295,678 2019
1,151,577(343,887)(2,432)—805,258
———
31,703(17,891)(674)(126)13,012767,829(88,623)(107,968)(42,139)529,0991,248,0321,711,266(46,328)4,0782,917,0483,199,2721,260,865(157,402)(38,187)4,264,548
???⺌
20201231
8.
20201231201912319,237,256(310,845)8,926,4119,987,937(450,087)9,537,850
2020450,08770,300(199,825)(9,717)310,8452019152,485294,632—2,970450,087
2020123120191231
(%)
(%)
166,906100.00166,906320,832100.00320,8329,070,3501.59143,9399,667,1051.34129,2559,237,2563.37310,8459,987,9374.51450,087
20201231????????
????
9.
2020123120191231
2,871,4902,887,559191,91267,9532,679,5782,819,606
4.50%
–
7.81%
2.35%
2020
68,140131,026—(1,728)197,43867,953125,687—(1,728)191,9121875,339——5,5262019
32,39335,557—19068,14030,29737,466—19067,9532,096(1,909)——
???⺌
20201231
10.
2020123120191231
(1)205,022122,904
(2)1,600,1523,231,288
91,3711,026,9041,713,8032,327,288
20201231(1)
Bestel Communications Ltd.*50%——(2,255)————2,255——50%45,706——(14,363)————31,343—PengzhongXingsheng*50%——(6,134)————6,134——49%21,809——4,959————26,768—10%7,000———————7,000—
40%40,000———————40,000—
33%—100,000—(89)————99,911—114,515100,000(8,389)(9,493)———8,389205,022—* Bestel Communications LtdPengzhongXingsheng
20201231????????????
10.
20201231
(2)
KAZNURTEL Limited LiabilityCompany49%—————————(2,477)
23.26%426,769
——25,264——(5,023)—447,010—
30%3,764——(3,764)——————Telecom Innovations32.73%—————————(11,216)
18%1,324——(1,324)——————33%—————————(4,764)30%2,181——(2,181)——————23%2,862——(1,370)————1,492—INTLIVE TECHNOLOGIES
(PRIVATE) LIMITED49%—————————(7,117)*35%1,097—(1,278)————
——20%2,000———————2,000—30%742——(172)———(570)—(570)
**30%12,192—(7,853)(4,339)——————39%4,862——(175)————4,687—29%26,782—(20,700)(1,944)————4,138New Idea Investment Pte. Ltd20%7,163———
——(7,165)—(14,551)19%—————————(37,248)
21.26%2,860
——
————3,812—30%52,446———————52,446—
9.31%5,024105
—(11)————5,118—
12.5%2,054
——
————2,152—Laxense,lnc.**18.7%16,300—(15,900)(7)(393)—————28%1,935——(409)————1,526—Kron TelekomunikasyonHizmetleri A.S.10%10,560——1,078(765)—(1,155)—9,718—10%1,069———————1,069—
26.21%
—————————(13,428)***49.9%644,000—(1,484,868)(93,830)———934,698——25%5,399——(985)————4,414—
28.99%901,674
——(308,526)—274,466——867,614—12%32,080——(15,908)————16,172—41%45,634——(2,786)————42,848—15%—1,500—
————1,571—35%—7,000—(3,956)————3,044—
45.9%
—34,748—3,202————37,950—2,212,77343,353(1,530,599)(411,022)(1,156)274,466(6,178)927,1441,508,781(91,371)*** Laxense,lnc.*** 28.43%78.33%
???⺌
20201231
10.
20191231(1)
Bestel Communications Ltd.—————————(2,255)57,234— (11,528)————45,706—PengzhongXingsheng6,138——(4)———(6,134)—(6,134)27,278— (5,469)————21,809—7,000———————7,000—
—40,000——————40,000—97,65040,000—(17,001)———(6,134)114,515(8,389)(2)
KAZNURTEL Limited Liability
Company—————————(2,477)426,995——(226)————426,769—3,947——(183)————3,764—Telecom Innovations—————————(11,216)1,790——(466)————1,324——————————(4,764)4,360——(2,179)————2,181—2,927——(65)————2,862—INTLIVE TECHNOLOGIES
(PRIVATE) LIMITED—————————(7,117)3,856——(2,578)———
(181)1,097(181)
2,000———————2,000—1,314——(572)————
—*7,290—(7,290)———————
13,902——(1,710)————12,192—4,634——
————4,862—**73,579—(66,054)(7,907)382—————26,134——
————26,782—New Idea Investment Pte.Ltd6,930——
(53)748
——
(462)7,163(7,386)
—————————(37,248)3,876——(1,016)————2,860—52,446———————52,446—4,1331,198—(307)————5,024—
2,010——
————2,054—Laxense, lnc.16,280——
(276)296
———16,300—2,261——(326)————1,935—Kron Telekomunikasyon HizmetleriA.S.9,485—
(376)1,227224
———10,560—1,069———————1,069—***14,697——(1,269)———(13,428)—(13,428)1,281,524——(637,524)————644,000(934,698)8,587——(3,188)————5,399—893,341——9,744—(1,411)——901,674—48,278——(16,198)————32,080——45,634——————45,634—2,917,64546,832(73,720)(664,152)1,650(1,411)—(14,071)2,212,773(1,018,515)
20201231????????
????
10.
20191231
(2)
******
2020
Bestel Communications Ltd.2,255—(2,255)—PengzhongXingsheng6,134—(6,134)—KAZNURTEL Limited LiabilityCompany2,477——2,477Telecom Innovations11,216——11,2164,764——4,764INTLIVE ECHNOLOGIES
(PRIVATE) LIMITED7,117——7,117
—(181)—New Idea Investment Pte.Ltd7,3867,165—14,55137,248——37,24813,428——13,428—
—
934,698—(934,698)—1,026,9047,735(943,268)91,371
2019
Bestel Communications Ltd.2,255——2,255PengzhongXingsheng—6,1346,134KAZNURTEL Limited LiabilityCompany2,477——2,477Telecom Innovations11,216——11,2164,764——4,764INTLIVE TECHNOLOGIES
(PRIVATE) LIMITED7,117——7,117—
—
New Idea Investment Pte.Ltd6,924462—7,38637,248——37,248—13,428—13,428934,698——934,6981,006,69920,205—1,026,904
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20201231
11.
2020123120191231
1,536,7411,594,254
12.
20201231
1,957,242
96,901(20,667)481,758
2,035,234 20191231
2,011,999(62,000)487,243
1,957,242
202012311,727,000201912311,717,567
20201231????????????
13.
20201231
7,376,29640,4415,533,7233,164,125281,759362,77216,759,1161,653,580—1,566,243249,75622,94074,0093,566,528533,155—31,8241,610—88566,67779,598—60,45357,0456,706779204,581(35,617)—(818,322)(315,996)(31,234)(22,424)(1,223,593)(22,900)(11,152)(6,629)(21,170)(4,741)(19,041)(85,633)9,584,11229,2896,367,2923,135,370275,430396,18319,787,6761,853,492—3,313,0051,775,221169,974222,6777,334,369280,061—798,921278,66723,06284,2101,464,92147,707—45,05327,4013,684672124,517(18,557)—(695,099)(261,273)(28,446)(25,103)(1,028,478)(12,538)—(4,477)(19,546)(2,571)(11,198)(50,330)2,150,165—3,457,4031,800,470165,703271,2587,844,99921,270—1,88616,9261,0968141,259——42610—21457——
(638)(11,415)(1,096)
—(13,149)——
——216821,270—1,8405,521—10428,7357,412,67729,2892,908,0491,329,379109,727124,82111,913,9425,501,53440,4412,218,8321,371,978110,689140,0149,383,488
???⺌
20201231
13. 20191231
7,293,99641,3394,895,5062,992,242287,672356,49915,867,254148,248—1,266,629133,46521,86826,7511,596,961191,860—33,583256,90981,226483,586(259,479)—(661,791)(222,717)(27,809)(26,689)(1,198,485)1,671(898)(204)4,226204,9859,8007,376,29640,4415,533,7233,164,125281,759362,77216,759,1161,686,740—3,120,2851,744,448166,323210,0376,927,833307,307—673,970235,88625,14325,1111,267,417(142,527)—(481,091)(208,930)(21,512)(14,012)(868,072)1,972—
(159)3,817201,5417,1911,853,492—3,313,0051,775,221169,974222,6777,334,36921,270—1,94716,9591,0968141,353——
(41)(33)
——(74)——(20)———(20)21,270—1,88616,9261,0968141,2595,501,53440,4412,218,8321,371,978110,689140,0149,383,4885,585,98641,3391,773,2741,230,835120,253146,3818,898,068202012312,033,892201912312,929,70314.
20202019361,161—361,161261,568—261,5686,356—6,356526,795—526,795182,031—182,03175,810—75,8103,061—3,0613,957—3,95784,520—84,52050,712—50,712194,464—194,464129,471—129,471214,8986,591208,307123,403—123,4031,046,4916,5911,039,9001,171,716—1,171,716
20201231????????
????
14.
20201231
(%)978,070261,56899,593———361,16136.93%578,333526,7965,317525,757——6,35692.01%478,00075,810106,221———182,03149.49%265,0123,9579501,846——3,06199.48%699,64050,71233,808———84,52012.08%774,200129,47164,993———194,464
25.12%
—123,402130,57039,074—6,591208,3071,171,716441,452566,677—6,5911,039,90020191231
(%)1,017,93211,35719,91531,272———
100.00%
119,100108,24831,350139,598———
100.00%
978,070224,48837,080———261,56826.74%236,0204,492—4,492———
100.00%
892,530391,436135,359———526,79559.02%478,00031,35744,453———75,81027.26%518,460220,89641,793258,732——3,95789.19%699,64059,24033,808—42,336—50,7127.25%774,20091,39838,073———129,47116.72%153,13280,52749,49260,764*—123,4031,296,044462,358483,586103,100—1,171,716* 2019320195
???⺌
20201231
14. 2020
—6,591—6,591—6,591—6,591202012312019123115.
20201231
1,395,884110,319123,5551,629,758299,97511,64674,423386,044(127,650)(22,912)(53,907)(204,469)46,88130,574(253)77,2021,615,090129,627143,8181,888,535437,12732,80496,046565,977274,56559,62871,909406,103(127,650)(22,912)(53,907)(204,469)44,00529,739(29)73,714628,04799,259114,019841,325987,04330,36829,7991,047,210958,75777,51527,5091,063,781
20201231????????????
15.
20191231
902,64240,7368,886952,264427,60780,424114,356622,38765,635(10,841)31355,1071,395,884110,319123,5551,629,758385,20843,62196,039524,86851,919(10,817)741,109437,12732,80496,046565,977958,75777,51527,5091,063,781902,64240,7368,886952,264
???⺌
20201231
16. 20201231
707,951157,5172,733,1481,152,93412,145,78616,897,336343,04711,270346,789163,741—864,847————2,045,9022,045,90237,024304,4151,640735,132—1,078,211(70,980)(8,943)(6,457)(65)—(86,445)(22,328)——9,873—(12,455)994,714464,2593,075,1202,061,61514,191,68820,787,396206,494149,587321,658746,3497,676,5689,100,656230,39322,55271,513214,5811,595,0422,134,08128,667158,679260572—188,178(61,367)(3,113)(135)(34)—(64,649)(14,850)——(8,782)—(23,632)389,337327,705393,296952,6869,271,61011,334,63414,300—6,32257,238—77,860—12,205———12,205——(6,322)——(6,322)
——1,422—1,73714,61512,205—58,660—85,480590,762124,3492,681,8241,050,2694,920,0789,367,282487,1577,9302,405,168349,3474,469,2187,718,820
20201231????????????
16.
20191231
630,241187,4805,307,9741,026,6959,026,47616,178,866232,20712,14267,466183,743—495,558————3,128,5263,128,526(157,219)(42,105)(2,642,292)(56,310)(9,216)(2,907,142)2,722——(1,194)—1,528707,951157,5172,733,1481,152,93412,145,78616,897,336206,007116,867281,096597,5316,340,9797,542,480144,55648,90593,333204,1911,337,3721,828,357(145,782)(16,185)(52,771)(56,283)(1,783)(272,804)1,713——
—2,623206,494149,587321,658746,3497,676,5689,100,65614,338—6,32257,238—77,898(38)————(38)14,300—6,32257,238—77,860487,1577,9302,405,168349,3474,469,2187,718,820409,89670,6135,020,556371,9262,685,4978,558,488202012311,032,215201912311,107,7532020123153%2019123158%)
???⺌
20201231
17.
20201231
32,05777,485(107,272)2,2701,844,3522,164,865(1,938,630)2,070,5871,876,4092,242,350(2,045,902)2,072,857 20191231
29,44864,191(61,582)32,0572,702,9082,208,388(3,066,944)1,844,3522,732,3562,272,579(3,128,526)1,876,40918. 20201231
186,206——186,20633,500——33,500NETAS TELEKOMUNIKASYON A.S.89,763——89,763309,469——309,469 20191231
186,206——186,20633,500——33,500NETAS TELEKOMUNIKASYON A.S.89,763——89,763309,469——309,469
20201231????????????
18.
20201231
————33,500——33,500NETAS TELEKOMUNIKASYON A.S.89,763——89,763123,263——123,263
20191231
————33,500——33,500NETAS TELEKOMUNIKASYON A.S.89,763——89,763123,263——123,2632019NETAS TELEKOMUNIKASYON A.S.??? NETAS TELEKOMUNIKASYON A.S.20201231NETAS TELEKOMUNIKASYON A.S.
???⺌
20201231
18.
20201231
1,025,138
2.62%
13.41%
20201231????????????
19.
2020123120191231
2,281,961464,9691,932,855423,7051,295,712266,3141,177,002241,6361,424,193213,6291,598,838239,8262,572,554279,1422,532,673284,946245,74140,938276,37443,957175,95429,277205,50932,63510,369,0971,599,1194,884,984738,9404,118,262545,8093,475,772464,5031,747,971262,196864,384129,658496,50474,476320,13048,0191,162,649165,7211,107,399166,11025,890,5983,941,59018,375,9202,813,9352020123120191231
1,090,898163,6351,087,549163,132513,69999,174308,76063,757
1,073,769161,065268,22340,2331,047,210157,0821,042,607156,391385,67057,850340,72651,1104,111,246638,8063,047,865474,623
???⺌
20201231
19.
2020123120191231504,4893,437,101302,5632,511,372504,489134,317302,563172,060
20201231201912315,008,3964,286,930140,84010,1895,149,2364,297,11920201231201912312020—171,7442021103,206373,8132022106,593352,4842023372,143285,5302024341,724257,61820254,084,7302,845,741
5,008,3964,286,930
20201231????????
????
20.
20201231201912318,024,8887,359,670
68,02761,8978,092,9157,421,567
2020123120191231
967,600714,225261,39459,285351,623359,28112,692,1632,869,525
241,137173,2691,765,9401,648,5236,279,8575,824,108
???⺌
20201231
21.
2020123120191231
4,631,4524,631,45210,928,99010,928,990531,9483,468,509740,2405,169,096125,8171,009,251128,0001,001,869266,000236,282354,915417,220748,180748,1804,195,7914,195,791300,000300,0004,783,0004,783,00030,00030,00075,00075,00020,00020,00010,00010,000115,486115,48665,00065,000
10,559,16026,645,966202012310.80%–
19.50%9.30%–
19.50%201912311.10%–
27.66%9.75%–
27.66%
202012312019123122.
2020123120191231
153,961126,223
23A.
20201231201912315,624,1904,763,5105,739,8664,609,43011,364,0569,372,940
20201231????????
????
23B.
20201231201912310616,404,10517,555,506612371,996398,10712181,788194,54823155,278166,176338,56641,273
17,151,73318,355,610
2020123112019123124.
202012312019123114,998,17214,517,057
25.
20201231
8,800,73621,677,370(20,094,184)10,383,922143,866808,532(826,003)126,3959,403272,837(247,062)35,1788,954,00522,758,739(21,167,249)10,545,495 20191231
6,100,58019,223,455(16,523,299)8,800,736155,1951,236,623(1,247,952)143,8663,864215,810(210,271)9,4036,259,63920,675,888(17,981,522)8,954,005
???⺌
20201231
25.
20201231
7,322,24119,338,887(18,217,884)8,443,24416,88025,380(27,287)14,97362,202731,430(731,964)61,66855,308686,624(683,511)58,4212,9138,413(9,953)1,3733,98136,393(38,500)1,87422,725683,172(672,492)33,4051,376,688898,501(444,557)1,830,6328,800,73621,677,370(20,094,184)10,383,922 20191231
4,823,72517,413,442(14,914,926)7,322,24119,23334,168(36,521)16,88067,792715,507(721,097)62,20260,291653,638(658,621)55,3083,04414,407(14,538)2,9134,45747,462(47,938)3,98120,032559,663(556,970)22,7251,169,798500,675(293,785)1,376,6886,100,58019,223,455(16,523,299)8,800,736
20201231????????
????
25.
20201231
136,591789,947(802,594)123,944
7,27518,585(23,409)2,451143,866808,532(826,003)126,395
20191231
147,6021,203,191(1,214,202)136,591
7,59333,432(33,750)7,275155,1951,236,623(1,247,952)143,866
2020123120191231
144,250144,5050%50%
202012
???⺌
20201231
25.
2020123120191231
3.25%3.25%
5.50%5.50%
2020
0.25%(3,315)0.25%3,420
1.00%14,4251.00%(12,983) 2019
0.25%(3,773)0.25%3,554
1.00%14,4511.00%(13,005)
2020123120191231
4,6014,3384,6014,338
20201231????????
????
25.
2020123120191231
144,505136,245
——————4,6014,338——————(4,506)(3,677)
(350)7,599
144,250144,505
2020123120191231
144,505136,2454,6014,338——
(350)7,599
(4,506)(3,677)144,250144,505
26.
2020123120191231
118,864142,296445,022399,124424,621289,990
20,401109,134213,819240,328
30,99635,078
27,64336,013
41,85736,009878,201888,848
???⺌
20201231
27.
2020123120191231
28,56154,2964,6775,2224,319,5644,561,6004,352,8024,621,118
2020123120191231
2252254,4524,9974,6775,222
2020123120191231
881,3891,003,146633,22251,0662,483,2363,125,9218,1058,299313,612373,1684,319,5644,561,600
20201231????????????
28.
20201231
11,619,2161,185,309(1,048,258)1,756,2672166,49160,538(54,065)172,964
180,757127,260(152,014)156,0031,966,4641,373,107(1,254,337)2,085,234 20191231
11,494,0511,730,893(1,605,728)1,619,2162366,19516,586(216,290)166,491
307,368148,207(274,818)180,7572,167,6141,895,686(2,096,836)1,966,464
29.
20201231201912311,651,54392,053453,134520,2082,104,677612,261
???⺌
20201231
30.
202012312019123116,269,55016,269,5505,999,8235,999,823572,5003,732,929530,0003,700,9903632,9093632,83923,50220,876195,000229,232350,0002,282,140——206,190206,19020,15920,15999,71099,71092,05092,050
22,614,30410,045,093202012310.75%–
12.06%9.00%–
12.06%201912310.75%–
12.56%10.00%–
12.56%)
31.
2020123120191231
718,186645,29432.
2020123120191231
236,408857,3983,668,9112,117,39619,29038,6933,924,6093,013,487
20201231????????????
33.
20201231
—43,032——43,03243,032—338,067——338,067338,06749486——86580494381,185——381,185381,6793,471,5344,720——4,7203,476,254755,502————755,5024,227,0364,720——4,7204,231,7564,227,530385,905——385,9054,613,435
20191231
3,60182—(3,189)(3,107)4943,60182—(3,189)(3,107)4943,433,56934,776—3,18937,9653,471,534755,502————755,5024,189,07134,776—3,18937,9654,227,0364,192,67234,858——34,8584,227,530A381,098,968(2020)60438556_H0220174,806,061A
???⺌
20201231
34. 20201231
111,774,07611,480,688(538,107)22,716,6572290,356235,705(46,908)479,153
80,000——80,00012,144,43211,716,393(585,015)23,275,810
20191231
110,925,665943,559(95,148)11,774,0762438,791191,790(340,225)290,356
80,000——80,00011,444,4561,135,349(435,373)12,144,4321 A381,098,96830.2111,512,999,823.28202011450,000,000.00
11,462,999,823.283,581,098.97
11,459,418,724.31381,098,968.00
3,032,892.3911,462,451,616.70381,098,968.0011,081,352,648.70
122,55647
80,000455,808
274,466
2 20177104,32046,909202011
128,336202012
3,049
35. 20201231
—114,766—114,766—114,766—114,766 2020A2,973,900
114,765,557.00
20201231????????????
36.
2019
20191231
20201231
(65,678)(7,599)(73,277)350(72,927)
44,350—44,350—44,350(67,982)—(67,982)—(67,982)(2,751,020)54,180(2,696,840)(269,992)(2,966,832)792,769—792,769—792,769(2,047,561)46,581(2,000,980)(269,642)(2,270,622) 2020
——
—
(295,680)——(269,992)(25,688)(295,330)——(269,642)(25,688)
???⺌
20201231
36. 2019
(7,599)——(7,599)—
54,180——51,3202,86046,581——43,7212,86037. 20201231
2,775,521—192,952—2,968,473 20191231
2,324,748(1,441)452,214—2,775,52110%50%
20201231????????????
38.
202012312019123111,680,3656,983,261
—1,44111,680,3656,984,7024,259,7525,147,877(192,952)(452,214)(922,687)—14,824,47811,680,365
39.
(1)
2020123120191231
2015.1.270.05811006,0006,252,3642020.1.272015127201560
55.81%
3005(www.chinabond.com.cn)
0.01%6105
30020201272020131
???⺌
20201231
39.(2) 20201231
6,0006,000,000——6,0006,000,000—— 20191231
6,0006,000,000————6,0006,000,00040.
2020201998,918,91967,475,63488,975,62855,849,7232,531,7511,903,5811,760,9541,158,654101,450,67069,379,21590,736,58257,008,377
20202019101,312,60690,607,883
— 138,064128,699
101,450,67090,736,582
20201231????????????
40.
2020201967,913,11758,088,33314,729,30013,180,2584,822,6225,316,09013,847,56714,023,202101,312,60690,607,883
26,183,34325,567,57611,158,80712,118,95663,970,45652,921,351101,312,60690,607,88390,153,79977,193,82411,158,80713,414,059101,312,60690,607,883
2020201913,664,56210,463,823
41.
20202019225,489344,902171,736265,776
85,44566,162
18,53918,67016251
88,86876,073
94,378158,877684,617930,511
???⺌
20201231
42.
202020194,686,4314,425,933689,508689,219536,690636,966170,330242,190256,010279,895777,779878,488462,089716,0317,578,8377,868,72243.
202020192,047,5561,946,794106,476100,683550,224485,330
47,69148,232
66,478101,6992,176,5712,090,0854,994,9964,772,82344.
202020199,633,3628,082,720584,068472,0942,103,3381,799,585296,306274,205997,171794,1191,182,7801,125,17514,797,02512,547,898
20201231????????
????
45.
202020191,495,6601,718,187 72,54581,261
26,16925,920
90,599—1,238,753931,929
(17,461)(16,736)181,091196,433420,537965,955
202020191,012,366685,584193,825219,398
32,56226,9471,238,753931,929
46.
202020191943,3991,244,781
15,34813,194613,919437,9031,572,6661,695,878
???⺌
20201231
47.
20202019(420,515)(675,616)9,25218,60214,89431,416(99,570)36,425955,174101,939
634,696921,281—24,785(187,525)(209,387)906,406249,44548.
20202019
(16,364)(217,046)153,859157,961(100,230)(162,150)1,7587,243
39,023(213,992)
49.
20202019181,6041,780,163
(497)(519)
120,353121,143125,68737,466
617(2,565)5,339(1,909)433,1031,933,779
20201231????????????
50.
20202019112,4271,260,865
70,300294,632
—
12,205—6,591—7,73520,205209,7151,575,702
51.
20202019—25,296—2,662,740—2,688,03652.
20202019
2020
35,79526,02635,795201,964157,674201,964237,759183,700237,759
20202019
2020
71,697435,05071,697572,616139,162572,616644,313574,212644,313
???⺌
20201231
53.
2020201966,428,03453,594,95318,492,46816,947,5833,971,2973,586,834
234,305330,4967,623,9697,737,95496,750,07382,197,820
54.
202020191,177,7991,091,564
(835,325)293,437342,4741,385,001
202020195,064,1667,161,67011,266,0421,790,418
(487,273)(544,938)
22,70427,515
63,090101,342(8,814)(7,503)(894,237)(64,372)
16,45819,086
21,1262,242
(34,359)(36,210)377,73797,421342,4741,385,001
20201231????????????
55.
(1)
(2)(3)
(1)(2)
202020194,259,7525,147,8774,612,3354,205,702
— 1
21,15318,3494,633,4884,224,051
???⺌
20201231
56.
20202019948,477685,5843,095,4753,536,8983,892,7273,312,175
182,551196,433—89,298—65,000—2,200,000
34,009—6,54026,2803,315,287—297,420787,460114,766—490,551474,490
20201231????????????
57.
(1)
202020194,721,6925,776,669
433,1031,933,779209,7151,575,7021,464,9211,267,417406,103524,8682,100,2731,794,549
—(2,688,036)
(39,023)213,9921,936,0721,569,367(906,406)(249,445)(925,729)276,418
(37,743)17,019(5,950,631)(3,861,583)3,922,920(2,901,656)1,026,6492,292,420
235,704191,7901,635,031(286,716)10,232,6517,446,554
(2)
20202019
1,6552,26931,401,40128,503,53131,403,05628,505,800
???⺌
20201231
58.
20201231201912311,683,7333,343,5111188,303222,8602608,21349,77236,356344,4724282,266312,4185
— 3,305,1803,288,0916
6,074,0517,561,1241 202012311,683,733201912313,343,511
115,09520191231556,146421,49820191231434,03913,09720191231185,796
20191231368,311180,81220191231887,492767,43520191231957,92420191231139,599
2 2020123115,860172,4433 20201231608,213
201912314 202012316,3565 20201231
282,266201912316 202012312,692,163201912312,869,525
2351,62320191231359,281261,3942019123159,285
20201231????????????
59.
20201231201912311446.52049391,3316.53258,697
—
1.7388
—
101.742018
1,0540.0493521,9860.0569113635,0336.98304,434,435791,8686.53255,172,87820,1270.896818,05043,5040.834736,31315,5141.732626,88039,6421.974978,2892,713,7500.0450122,119596,9430.059235,339110,8640.435248,24841,4200.367115,207128,779,835
0.000564,390
732,794,000
0.0005366,397
167,128
7.82711,308,128
197,780
7.79261,541,220
577,232
0.058633,826
1,244,9910.056970,84018,7011.697631,74756,8451.608291,418244,3540.219653,660545,2210.2402130,962
6,6325.347335,46317,4415.207390,822
1,6989.165115,5623,4888.766530,575158,9260.231836,839566,6250.2000113,325995,7930.1128112,325269,4360.113430,5541,612,9270.0642103,5502,369,8450.0579137,214—
0.0000
—11,735,0000.002023,4703,696,6970.00217,7634,282,2730.00229,421307,5070.061218,819466,0560.063929,781431,0370.00934,0091,015,5660.010610,76521,7736.9830152,04121,0416.931145,835683,3726.52044,455,859734,9616.9835,132,233180,7358.02161,449,784212,6287.82711,664,26134,4301.254843,20329,5831.732651,256308,2370.217266,949345,7510.231880,14510,581,7640.0890941,77715,254,7910.09791,493,44439,5876.5204258,1238,5426.98359,6493,855,0650.017266,307443,6580.18298,604
7,5368.021660,45119,7817.8271154,828841,3090.040634,157458,3850.04520,638578,7570.055632,179599,4520.061236,684703,1486.52044,584,806328,8906.9832,296,6362,121,098,1390.00051,060,5492,744,341,6710.00051,378,58789,4838.0216717,79795,3427.8271746,2502,291,4600.089203,9403,231,8740.0979316,3251,299,1280.1358176,42239,9160.13795,50585,2148.0216683,553124,3167.8271973,031103,4146.5204674,301166,6796.9831,163,91610,1161.738817,5904081.862175990,8480.135812,33727,6390.13793,8128918.89317,9241,2909.165111,823
???⺌
20201231
59.
2020123120191231531,9486.52043,468,507740,2406.9835,169,096125,8178.02161,009,254128,0007.82711,001,869412,1740.8883366,134354,9151.176417,220922,5006.52046,015,069530,0006.98303,700,9903638.02162,9123637.82712,83923,5020.888320,877195,0001.1755229,232
553,700,00028.43%2020122820201228
78.33%
20201228202012281,629,1381,629,1381,206,156223,6942,835,2941,852,832759,537759,537128,147—887,684759,5371,947,6101,093,295422,047236,9171,525,563856,378
—1,525,563 553,700
49.9%971,863
20201231????????
????
202012281231
33,557(3,331)
51%51%/100% 2100%100%/100%1 202034
5.1%202034
2 20203.
20201620201620201202020120
20202272020227
20203102020310
20205920205920205122020512
20207172020717
ZTE PORTUGAL—TELECOMMUNICATIONS PROJECTS,UNIPERSONNEL LIMITED20208262020826ZTEPORTUGAL— TELECOMMUNICATIONS PROJECTS, UNIPERSONNEL LIMITED
NXT NETCARE SERVICES S.R.L.2020102720201027NXT NETCARE SERVICES S.R.LZTEBENIN Sarl20201242020124ZTE BENIN Sarl
???⺌
20201231
1.
(%)175,500100%—99,500100%—5,108100%—30,000100%—60,000100%—20,00090%10%3,00055%—2.
% 128,500,00050%—60,000,00049%—*70,000,00010%— 100,000,00040%— 300,000,00033%—* 10%5
20201231????????????
2.
%KAZNURTEL Limited LiabilityCompany
3,000,00049%—1,290,000,00023.26%—15,000,00030%—Telecom Innovations5,050,00032.73%—*
30,000,00018%— 34,221,64920%— 17,909,38026.21%—57,680,00030%—20,000,00023%—INTLIVE TECHNOLOGIES(PRIVATE) LIMITED
50049%—10,000,00020%—20,000,00030%—30,000,00039%—1,894,10029%—25,487,37021.26%—New Idea Investment Pte.Ltd10,200,000
+1
20%—*200,000,00019%—20,000,00030%—* 30,000,0009.31%—
???⺌
20201231
2.
%*
16,000,00012.5%—15,000,00028%—Kron TelekomunikasyonHizmetleri A.S.*
14,268.51310%—*10,000,00010%—50,000,00025%—*400,000,00012%—754,108,77128.99%—*100,000,00015%—20,000,00035%— 50,000,00045.9%— 118,153,84641.4%—* 20%
20201231????????????
2.
2020123120191231
205,022114,51520202019(9,493)(17,001)——(9,493)(17,001)2020123120191231
1,508,7811,568,773
20202019(411,022)(26,628)(1,156)—(412,178)(26,628)2020123120191231
???⺌
20201231
1. 20201231
—35,659,832—35,659,83236,118——36,1181,036,906——1,036,906—15,891,020—15,891,020—2,679,578—2,679,578—547,792—547,792—994,141—994,141——1,970,6241,970,624—3,305,180—3,305,1801,536,741——1,536,7412,609,76559,077,5431,970,62463,657,932
153,961—153,961—34,825,00734,825,007—1,171,3201,171,320—11,364,05611,364,056—17,151,73317,151,733—554,930554,930
—2,804,9532,804,953—3,668,9113,668,911153,96171,540,91071,694,871
20201231????????????
1.
20191231
—33,309,347—33,309,347106,065——106,065560,662——560,662—19,778,280—19,778,280—2,819,606—2,819,606—509,381—509,381—826,308—826,308——2,430,3892,430,389—3,288,091—3,288,0911,594,254——1,594,2542,260,98160,531,0132,430,38965,222,383
126,223—126,223—36,783,11236,783,112—1,165,5021,165,502—9,372,9409,372,940—18,355,61018,355,610—510,882510,882
—3,507,3883,507,388—2,117,3962,117,396126,22371,812,83071,939,053
???⺌
20201231
2.
2019123179,816
202012312019123141,438
2020123122,950,2612019123125,798,167
2020123120191231
547,792467,943554,930469,40620201231547,79220191231509,381
20201231554,93020191231510,882
2,983,900201912312,009,638
44,2852019123127,630
20201231????????????
3.
??
???⺌
20201231
3.
??????
? 12?
? 12
20201231????????????
3.
4A8
20201231
–
–
—11,774,36010,296,45112,992,217427,57235,490,600—453,134428,583211,222276,4371,369,376—153,961———153,961—11,364,056———11,364,05617,151,733————17,151,733
—239,672150,36563,440102,182555,659
2,804,953————2,804,95386,26613,23813,8711,480,9712,398,6173,992,96320,042,95223,998,42110,889,27014,747,8503,204,80872,883,301
???⺌
20201231
3.
20191231
–
–
—27,337,4742,254,6127,894,79040,75337,527,629—520,208105,225238,741553,5931,417,767—126,223———126,223—9,372,940———9,372,94018,355,610————18,355,610
—348,86694,74539,91327,358510,882
3,507,388————3,507,388—86,26613,23813,8712,340,9872,454,36221,862,99837,791,9772,467,8208,187,3152,962,69173,272,801
20201231LIBOREuribor
0.75%17.03%1,444,04020201231201912319.50%2019123167%)
202025(67,023)—(67,023)
(25)67,023
—67,023201925(12,150)—(12,150)
(25)12,150
—12,150
20201231????????????
3.
2020
5%87,787—87,787(5%)(87,787)—(87,787)2019
5%264,451—264,451(5%)(264,451)—(264,451)
2020
5%81,539—81,539(5%)(81,539)—(81,539)2019
5%103,228—103,228(5%)(103,228)—(103,228)
???⺌
20201231
4.
20201231
2020123120191231
34,825,00736,783,1121,171,3201,165,502
554,930510,88236,551,25738,459,49646,122,50637,954,29882,673,76376,413,794
44.2%50.3%
1.
20201231
—36,118—36,118312,925529,085194,8961,036,906——1,536,7411,536,741—1,970,624—1,970,624——2,035,2342,035,234312,9252,535,8273,766,8716,615,623—(153,961)—(153,961)312,9252,381,8663,766,8716,461,662
20201231????????????
1.
20191231
—106,065—106,065116,22037,435407,007560,662——1,594,2541,594,254—2,430,389—2,430,389——1,957,2421,957,242116,2202,573,8893,958,5036,648,612—(126,223)—(126,223)116,2202,447,6663,958,5036,522,389
2.
20201231
???⺌
20201231
2.
EV/EBITEV/RevenueP/E
LIBOR20201231
(a)(b)
(c)202012312,035,234201912311,957,242
20201231????????????
3.
20201231
2,035,23443–
2%–5%
0.5%
–
5.9%
7.50%
–
8.25%
1,731,6374%–30%
–
–
–
20191231
1,957,24251–
2%–5%
0.5%
–
5.9%
7.50%
–
8.25%
2,001,2614%–30%
–
–
–
???⺌
20201231
4. 20201231
1,957,242——1,75876,234—2,035,2341,758407,007182,815(407,005)(4,743)16,822—194,896(4,743)1,594,254—(59,937)177,63811,018(186,232)1,536,741150,2633,958,503182,815(466,942)174,653104,074(186,232)3,766,871147,278 20191231
2,011,999—(62,000)7,243——1,957,2427,24349,05270,581(49,052)336,426——407,007336,4261,502,49960,000(70,581)209,2954,793(111,752)1,594,254157,9613,563,550130,581(181,633)552,9644,793(111,752)3,958,503501,630
20202019
1,7587,2431,7587,2435.
20201231????????????
1.
10,00022.44%22.44%
2.
3.
4.
*1
???⺌
20201231
4.
*
20201117
20201231????????????
5.
(1)
2020201932582,91414,364
3763835,576604,9094396906354—2,702483,231348,9691,415—3,0753,76033521,44623120815,9868,476
1866,124—
—
Telecom Innovations285—7,451—1,281—5,749—
—11,321—1,369,9521,012,572
???⺌
20201231
5.(1)
20202019—1,970145,45279,51920,54230,20067,47056,76830,61924,28810,85222,9597,8844,3665,1473,7174,6764,46136,359105,668281,23491,383127,111185,3566,7994,580583,601498,583816401,925—2,957—4,296—2,052—
—1,339,8021,113,858
20201231????????????
5.
(2)
20202019—
176176—
336342421416 17,91417,475
8,4068,27820,00519,54727,06526,7293673691,5861,112 719
—76,88374,990
2020201910,2259,8091,7911,5718,4328,11714,82312,5123,3904,0664,4284,595—
43,11640,727
???⺌
20201231
5.(3)
2020201959,98542,642
(i)(ii)
76,883201974,990
43,116201940,727(iii)
59,985201942,6423,88020191,9266.
(1) 201812
5(1)2021
(2) 201812
5(1)202137,500
(3) 20201
5(1)2021–202291,65098,380
(4) 20201
5(1)2021–202258,20066,000
(5) 202012
5(1)2021
20201231????????????
6.
(6) 20187
5(2)
(7) 20207
5(2)
(8) 20201
5(2)
(9) 20206
5(2)202120221,106553
(10) 20207
5(2)20212022937703
(11) 20208
5(2)20212022184
(12) 202011
5(2)2021202220231,0671,067178
(13) 20184
5(2)
(14) 20201
5(2)
(15) 20194
5(2)20212022341
???⺌
20201231
6.
(16) 20197
5(2)
(17) 20181
5(2)
(18) 20194
5(2)20213,039
(19) 20194
5(2)20211,022
(20) 20184
5(2)2021833
(21) 20204
5(2)2021106
(22) 20184
5(2)2021402
(23) 201812
5(2)2021552
(24) 20193
5(2)20212022796
(25) 20203
5(2)2021202210,06110,061
(26) 20203
5(2)202120222,0882,088
(27) 202012
5(2)202120221,9831,983
20201231????????????
7.
20201231
20191231149,43687,7564,932—154,36887,756
9,51317,772
7,3199,515650650202902—157,533152,139180,1252,105730241241
——
—
—
172,865367,575
???⺌
20201231
7.
20201231
20191231—
Laxense,lnc.—3,842—3,91510,4384,172141417,8217,12424,3407,276—
20,59121,76145,02430,086—
—
—119,06571,5183124359,82239,40857,225—117,35939,451—6,4941,7784,3231,1164241831833273271,7292,915192192
——91,282942009,05112,062907,612260,84421730Kron Telekomunikasyon Hizmetleri A.S.—
17,99626,763
—1,908—47,264—989,907406,656
20201231????????
????
7.
20201231
201912315,3275,3272,0024,2731,6281,628155155
19,11228,946
24,7178,361—
—
—1,570—
2017404053,01450,395
1212308310
INTLIVE TECHNOLOGIES (PRIVATE) LIMITED4,9705,261
2,0002,000
15878198198272272
656570,767467,2641,680—
—47,2642,5974,053
50502,062—
—
—
—
—85,711526,831
–
???⺌
20201231
8.(1)
2020123120191231
—
(2)
20202019
—
—
—
1.
20202019479,153290,356
(46,908)(340,225)235,705191,7902. 2017
20177620171,99614,960.12
—
201776
5%
17.06
20201231????????????
2.
2017
(1) (ROE)(2)
1/32019.7.6–2020.7.52017ROE10%38.25
201710% 1/32020.7.6–2021.7.52018ROE10%38.25
201820% 1/32021.7.6–2022.7.52019ROE10%38.25
201930%1,477,4962020720201–12104,320
20202019
17.0644,53217.0681,864
(4,806)(34,858)—(2,474)
16.8639,72617.0644,532
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20201231
2. 2017
20201231
39,72616.8620217620227539,72620191231
4,80617.0620197620207539,72617.0620217620227544,53220204,806,0614,806,0614,806
122,5563334
0.180.180.18(%)43.3542.242.9(%)3.4983.5063.517
5%5%5%5%5%5%
2020
202011620206,12315,847.20
—
2020116
5%
20201231????????
????
2.
2020
1/32021.11.6–2022.11.5202030 1/32022.11.6–2023.11.52020202164.7 1/32023.11.6–2024.11.5202020212022
102.3
1,444,5492020128,33620201231
52,82434.472021116202211552,82434.472022116202311552,82434.4720231162024115158,472
0.200.200.20(%)34.4033.5730.33(%)2.7752.8462.909
5%5%5%5%5%5%
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20201231
3. 2020
202010122020116
2020
2711,476.611,476.61.008
6,260.654.55%5,216.0
45.45%
A202091A2,973,9000.06%
38.8538.40114,765,557.0020201217
20201216—
089925****2,973,900
0.06%
2020121820211217
20203021250%
20203,049
20201231????????????
1.
20201231201912312,837,2223,097,02128,27268,2462,865,4943,165,267
2.
2.1. 2012113,135.373,934.26
201327201373,122.433,918.0320161
3,122.433,918.0320164
2016829
2016113,122.433,918.03201722016
20121130158,297.451.04
2020123111.2548
???⺌
20201231
2.
2.2. 20181031
(1)2(2)
201949202012282021125
2.3. 20208
1,230.71,230.720209
1,795.8202010
1.88
2020121,586.520211
7,254.8
20201231????????????
2.
2.4. BIS2018415
2018415202531320184152018415EAREAR2018415
2018423831764420186BIS201820173BIS20172018BIS20186820186820181410
2018684
201820186842018
BIS201868
EAR2018201868
20186122018201720182017(i)
EAR(ii)
SAP(GTS)ECCN
EARECCN
2021
202011
???⺌
20201231
2.
2.5. 2020123112,832,33220191231
13,559,281
1. 2021111
10.35
90%90%7.74
2. 2021316A
H1022020
2020AH
1.
2020201972,54581,261234,305330,496490,551474,4901101512
–
2020138,0644012
20201231????????????1.
20202019
—2,662,74059,50926,94759,5092,689,68720201231182,99620191231242,505
202020192331,824,100—
—1,824,100182,996242,5051,641,1041,581,595
20202019138,064128,698
2020201911132,843132,48212258,788131,01923349,81158,78834451,47249,81145552,30251,4725164,453213,724
509,669637,296
???⺌
20201231
2.
(1)(2)(3)
20201231????????????
2.
2020
74,018,19816,160,26711,134,141101,312,606
——138,064138,06474,018,19816,160,26711,272,205101,450,67018,983,3912,494,2012,330,40923,808,001
1,810,425(19,752,231)(420,537)39,023
(420,515)
5,064,16620201231
47,217,4579,296,5447,190,73063,704,731
86,930,175150,634,90611,852,0081,896,1561,804,93815,553,102
88,959,298104,512,4002020
2,897,450632,595441,2523,971,2976,180,6561,349,412941,2508,471,318(153,008)(33,406)(23,301)(209,715)(315,991)(68,990)(48,122)(433,103)
???⺌
20201231
2.
2019
66,584,39414,997,4079,026,08290,607,883
——128,699128,69966,584,39414,997,4079,154,78190,736,58221,917,1221,229,8271,782,02324,928,972
1,879,578(17,791,317)(965,955)(213,992)
(675,616)
7,161,67020191231
46,843,9899,479,3796,440,64662,764,014
78,438,121141,202,13511,511,6101,933,5821,582,74715,027,939
88,219,898103,247,8372019
2,246,935506,097833,8023,586,8343,580,558806,4811,114,6835,501,722(1,156,283)(260,440)(158,979)(1,575,702)(1,419,047)(319,625)(195,107)(1,933,779)
20201231????????????
2.
2020201968,051,18158,217,03214,729,30013,180,2584,822,6225,316,09013,847,56714,023,202101,450,67090,736,582
202012312019123123,868,45119,844,7451,903,6101,651,432543,826562,167113,32849,33126,429,21522,107,675
31,153,932201926,285,650
???⺌
20201231
1.
2020123120191231112,342,42313,772,606122,519,3437,173,545231,837,1803,636,401311,273,05311,285,660
27,971,99935,868,2128,192,86710,974,67519,779,13224,893,5372020123120191231
(%)(%)(%)(%)
3,737,658133,737,6581006,237,644176,237,644100
–
9,221,42634129,41219,542,65627218,2762
–
2,340,710871,04033,267,561974,9552
–
1,507,5805124,59882,824,0078155,6116
–
808,692393,918122,291,844679,1933
–
1,517,6615484,827323,366,57110989,41729
8,838,272323,551,414408,337,929233,219,5793924,234,341874,455,2091829,630,568834,737,0311627,971,9991008,192,8672935,868,21210010,974,67531
2020123110,974,675(319,383)(2,462,425)8,192,867201912319,557,9402,638,857(1,222,122)10,974,6752020118,7582019
2,048,437201912311,072,4761120194
20201231????????
????
2.
2020123120191231
62,806—1,752,8473,912,67138,456,20728,213,59740,271,86032,126,268
2020123120191231130,724,99521,143,846123,442,5273,374,021232,850,1182,793,40131,457,6981,023,092
38,475,33828,334,360(19,131)(120,763)38,456,20728,213,597
2020123120191231
374,353145,46238,081,85428,068,13538,456,20728,213,597
???⺌
20201231
3.
202012312019123114,073,1355,541,687
2,393,7182,224,784
27,84129,5946,439,0127,736,877
2020123129,594(1,753)—27,841201912312,57127,023—29,594
4.50%
— 6.16%
20201231????????
????
4.
2020123120191231
(1)158,02267,515
(2)1,155,0881,875,993
7,2417,2411,305,8691,936,267
(3)12,571,26210,759,982
(4)401,859425,667
12,169,40310,334,31513,475,27212,270,582 20201231(1)
45,706——(14,363)————31,343—21,809——4,959————26,768——100,000—(89)————99,911—67,515100,000—(9,493)————158,022—
???⺌
20201231
4. 20201231(2)
KAZNURTEL LimitedLiability Company——————————(2,477)3,763——(3,763)———————426,768——25,264——(5,023)——447,009—1,324——(1,324)—————————————————(4,764)2,181——(2,181)———————2,862——(1,370)—————1,492—4,862——(175)—————4,687—26,782—(20,700)(1,945)—————4,137—2,860——
—————3,811—665,048553,700—(94,347)————(1,124,401)——
679,373——(301,363)—274,466———652,476—32,080——(15,908)—————16,172—20,849——(2,786)—————18,063—1,868,752553,700(20,700)(398,947)—274,466(5,023)—(1,124,401)1,147,847(7,241)
20201231????????
????
4.
20201231
(3)
263,293263,293—263,293100.0%100.0%1,060,00037,38237,382—37,38290.0%90.0%—580,000580,000—580,000100.0%100.0%—91,95791,957—91,95768.4%68.4%—179,767179,767—179,76790.0%90.0%5,40041,25041,250—41,25080.0%80.0%—45,00045,000—45,000100.0%100.0%—40,50040,500—40,50083.0%83.0%—13,11013,110—13,11090.0%90.0%—5,0005,000—5,000100.0%100.0%—600,000600,000—600,000100.0%100.0%500,000157,019157,019—157,01990.0%90.0%—22,16022,160—22,160100.0%100.0%——29,700(29,700)—***——PT. ZTE Indonesia15,27515,275—15,275100.0%100.0%—ZTE Wistron Telecom AB2,1372,137—2,137100.0%100.0%—ZTE Holdings (Thailand) Co.,Ltd
1010—10100.0%100.0%—ZTE (Thailand) Co.,Ltd.5,2535,253—5,253100.0%100.0%—ZTE (USA) Inc.190,133190,133—190,133100.0%100.0%—ZTE Corporation MexicoS.DER.LDEC.V.—42(42)————ZTE Do Brasil LTDA18,57318,573—18,573100.0%100.0%—ZTE Romania S.R.L827827—827100.0%100.0%—ZTE Telecom India PrivateLtd.335,759335,759—335,759100.0%100.0%—ZTE-Communication Technologies,Ltd.
6,5826,582—6,582100.0%100.0%—Zhongxing Telecom Pakistan (Private)
Ltd.5,2795,279—5,27993.0%93.0%—853,800853,800—853,800100.0%100.0%—16,50016,500—16,50055.0%55.0%41,250500,000500,000—500,000100.0%100.0%—
—————**19,2001,000,0001,000,000—1,000,000100.0%100.0%—16,00016,000—16,000100.0%100.0%—
???⺌
20201231
4.
20201231(3)
289,341289,341—289,341100.0%100.0%—42,75042,750—42,75090.0%90.0%—50,00050,000—50,000100.0%100.0%—27,00030,000(3,000)27,00090.0%90.0%—47,50047,500—47,50095.0%95.0%—232,360232,360—232,360100.0%100.0%—300,000300,000—300,000100.0%100.0%—15,00015,000—15,00050.0%50.0%—15,00015,000—15,000100.0%100.0%—45,00056,800(11,800)45,00028.9%**18,40051,53051,530—51,530100.0%100.0%—9,3939,393—9,393100.0%100.0%—19,50019,500—19,50065.0%65.0%—350,000350,000—350,000100.0%100.0%—31,40035,400(4,000)31,40044.0%*—25,50025,500—25,50051.0%51.0%5,40045,00045,000—45,000100.0%100.0%—50,00050,000—50,000100.0%100.0%—2,0002,000—2,000100.0%100.0%—400,000400,000—400,000100.0%100.0%—790,500790,500—790,50086.4%86.4%—1,000,0001,000,000—1,000,000100.0%100.0%—21,000120,000(99,000)21,00025.0%**36,000
—10,000(10,000)————41,65044,100(2,450)41,65090.0%90.0%—49,00049,000—49,000100.0%100.0%—500,000500,000—500,000100.0%100.0%—52,27036,00016,27052,270100.0%100.0%—45,00045,000—45,000100.0%100.0%—3,0003,000—3,000100.0%100.0%—10,00010,000—10,000100.0%100.0%—1,000,0001,000,000—1,000,000100.0%100.0%400,00023,60013,00010,60023,60056.4%56.4%—1,124,402—1,124,4021,124,40278.3%78.3%—720,000—720,000720,000100%100%—100,000—100,000100,000100%100%—10,759,9821,811,28012,571,2622,085,650* 50%
** 50%*** 2020
20201231????????
????
4.
20201231
(4)
ZTE(USA) Inc.5,381—5,38123,767(23,767)—ZTE DoBrasil LT DA18,572—18,5724,591—4,591Wistron Telecom AB2,030—2,030ZTE Corporation MexicoS.DER.LDEC.V.41(41)—Zhongxing Telecom Pakistan (Private)
Ltd.2,971—2,9719,656—9,656ZTE Holdings (Thailand) Co.,Ltd
—
ZTE(Thailand) Co.,Ltd.205—
ZTE Telecom India Private Ltd.335,759—335,759ZTE Romania S.R.L827—
PT ZTE Indonesia15,275—15,275ZTE-Communication Technologies,Ltd.
6,582—6,582425,667(23,808)401,859
20191231
(1)
57,234——(11,528)————45,706—27,278——(5,469)————21,809—84,512——(16,997)————67,515—
???⺌
20201231
4.
20191231(2)
KAZNURTEL Limited Liability Company—————————(2,477)3,947——(184)————3,763—426,995——(227)————426,768—1,790——(466)————1,324——————————(4,764)4,360——(2,179)————2,181—2,927——(65)————2,862—4,634——
————4,862—26,134——
————26,782—3,876——(1,016)————2,860—801,118——(136,070)————665,048—665,209——15,575—(1,411)——679,373—48,278——(16,198)————32,080——20,849——————20,849—1,989,26820,849—(139,954)—(1,411)——1,868,752(7,241)
20201231????????????
4.
20191231
(3)
263,293263,293—263,293100.0%100.0%4,690,00037,38237,382—37,38290.0%90.0%—580,000580,000—580,000100.0%100.0%—91,95791,957—91,95768.0%68.0%—179,767179,767—179,76790.0%90.0%4,00041,25041,250—41,25080.0%80.0%—45,00045,000—45,000100.0%100.0%—40,50040,500—40,50083.0%83.0%—13,11013,110—13,11090.0%90.0%—5,0005,000—5,000100.0%100.0%——2,100(2,100)————600,000600,000—600,000100.0%100.0%1,200,000157,019157,019—157,01990.0%90.0%——100,000(100,000)————22,16015,2006,96022,160100.0%100.0%—29,70029,700—29,700100.0%100.0%2,752PT. ZTE Indonesia15,27515,275—15,275100.0%100.0%—ZTE Wistron Telecom AB2,1372,137—2,137100.0%100.0%—ZTE Holdings (Thailand) Co.,Ltd
1010—10100.0%100.0%—ZTE (Thailand) Co.,Ltd.5,2535,253—5,253100.0%100.0%—ZTE (USA) Inc.190,133190,133—190,133100.0%100.0%—ZTE Corporation MexicoS.DER.LDEC.V.4242—42100.0%100.0%—ZTE Do Brasil LTDA18,57318,573—18,573100.0%100.0%—ZTE Romania S.R.L827827—827100.0%100.0%—ZTE Telecom India PrivateLtd.335,759335,759—335,759100.0%100.0%—ZTE-Communication Technologies,Ltd.
6,5826,582—6,582100.0%100.0%—Zhongxing Telecom Pakistan (Private)
Ltd.5,2795,279—5,27993.0%93.0%—853,800853,800—853,800100.0%100.0%—16,50016,500—16,50055.0%55.0%12,100500,000500,000—500,000100.0%100.0%129,562
—————*186,0001,000,0001,000,000—1,000,000100.0%100.0%—16,00016,000—16,000100.0%100.0%—289,341289,341—289,341100.0%100.0%—
???⺌
20201231
4. 20191231(3)
42,75042,750—42,750100.0%100.0%—50,00050,000—50,000100.0%100.0%—30,00030,000—30,000100.0%100.0%—47,50047,500—47,50095.0%95.0%—232,360218,24014,120232,360100.0%100.0%—300,000300,000—300,000100.0%100.0%718,13615,00015,000—15,00050.0%50.0%—15,00015,000—15,000100.0%100.0%—56,80092,800(36,000)56,80028.9%*45,00051,53046,5305,00051,530100.0%100.0%——30,000(30,000)————9,3939,393—9,393100.0%100.0%—19,50019,500—19,50065.0%65.0%—350,000350,000—350,000100.0%100.0%128,50435,40035,400—35,400100.0%100.0%—25,50025,500—25,50051.0%51.0%—45,00045,000—45,000100.0%100.0%—50,00050,000—50,000100.0%100.0%——31,620(31,620)—
0.0%0.0%
—2,0002,000—2,000100.0%100.0%——48,960(48,960)—
0.0%0.0%
—400,000400,000—400,000100.0%100.0%——2,550(2,550)—
0.0%0.0%
—790,500790,500—790,500100.0%100.0%127,034—2,000(2,000)—
0.0%0.0%
—1,000,0001,000,000—1,000,000100.0%100.0%—120,000300,000(180,000)120,00025.0%*21,00010,00010,000—10,000100.0%100.0%—44,10044,100—44,10090.0%90.0%—49,00049,000—49,000100.0%100.0%—500,000500,000—500,000100.0%100.0%100,23036,00036,000—36,00075.0%75.0%—45,00045,000—45,000100.0%100.0%—3,0003,000—3,000100.0%100.0%——2,000(2,000)—
0.0%0.0%
—10,00010,000—10,000100.0%100.0%—1,000,0001,000,000—1,000,000100.0%100.0%623,26013,000—13,00013,00045.2%**—11,156,132(396,150)10,759,9827,987,578* 50%** 50%
20201231????????????
4.
20191231
(4)
ZTE(USA) Inc.5,381—5,38123,767—23,767ZTE DoBrasil LT DA10,0598,51318,572
4,591—4,591Wistron Telecom AB2,030—2,030ZTE Corporation Mexico S.DER.LDEC.V.
—
Zhongxing Telecom Pakistan (Private) Ltd.
2,971—2,9719,656—9,656ZTE Holdings (Thailand) Co.,Ltd10—
ZTE(Thailand) Co.,Ltd.205—
ZTE Telecom India Private Ltd.1,654334,105335,759ZTE Romania S.R.L827—
PT ZTE Indonesia—15,27515,275ZTE-Communication Technologies,Ltd.
—6,5826,58261,192364,475425,667
5.
2020201981,181,91480,626,52366,022,13264,882,34512,965,366420,76214,155,482172,23394,147,28081,047,28580,177,61465,054,578
6.
20202019(408,440)(159,135)2,085,6507,987,576
14,89431,416501,71315,146
(62,747)(28,111)
(65,131)(95,861)2,065,9397,751,031
??????
20201231
2020
—955,174
(199,800)127,6201,758(7,735)613,919(406,554)2,760,7473,845,129(576,769)(44,127)3,224,2331 1— [2008]432020943,39915,348 783,649
2020
(%)
10.18%0.920.92
2.47%0.220.22
??????
二零二零年年度報告
20201231
2019
(%)
19.96%1.221.22
1.88%0.120.11
27837520201231
20201231
2020123163,970,45663%
2.4
2833
2020123127,497,009
18%
2.4
2020123133,689,30622%
2.4
?
???
??
LAW KWOK KEE
2021316
???⺌
20201231
202020195101,450,67090,736,582
(69,888,868)(58,877,974)31,561,80231,858,60854,836,2726,816,147
(14,797,025)(12,547,898)
(7,578,837)(7,868,722)(5,463,478)(5,289,089)(503,403)(2,228,411)7(187,525)(209,387)
(887,465)(975,775)8(1,495,660)(1,718,187)
(9,493)(17,001)
(411,022)(658,615)65,064,1667,161,67011(342,474)(1,385,001)
4,721,6925,776,6694,259,7525,147,877
16,236348,600
445,704280,1924,721,6925,776,669
(295,680)57,040
(295,680)57,04037350(7,599)
350(7,599)
(295,330)49,4414,426,3625,826,1103,990,1105,194,4584316,236348,600
420,016283,0524,426,3625,826,110
0.921.22
0.921.22
??⺧??????????
20201231
20201231201912311412,953,84210,555,204152,035,2341,957,24216(a)3,729,0343,468,94917186,206186,206188,758,3157,190,06119205,022114,515201,508,7812,212,773211,536,7411,594,254222,679,5782,819,60623347,920200,671243,437,1012,511,372252,953,5572,928,810263,326,3002,895,298
43,657,63138,634,9612733,689,30627,688,508288,926,4119,537,8502215,891,02019,778,280291,970,6242,430,38923199,872308,710309,567,1868,847,363211,036,906560,6623136,118106,065251,683,7333,343,511252,573,0431,460,0362531,403,05628,505,800
106,977,275102,567,174
???⺌
20201231
20201231201912313228,515,78927,728,5503314,998,17214,517,0573415,326,79914,059,62531153,961126,2233512,210,70326,738,01916(b)453,134520,208
23201,484310,024
445,022399,124
4,6775,222362,085,2341,966,464
74,394,97586,370,51632,582,30016,196,65876,239,93154,831,6193522,614,30410,045,09323353,446200,85824134,317172,06037144,250144,50516(b)718,186645,294386,152,9225,669,511
30,117,42516,877,32146,122,50637,954,298394,613,4354,227,530
(114,766)—4138,798,13924,599,338
43,296,80828,826,868
—6,252,3642,825,6982,875,06646,122,50637,954,298
20201231
201912314,227,53012,617,918*—(67,982)*290,356*2,775,521*(2,696,840)*11,680,365*28,826,8686,252,3642,875,06637,954,298————————————2020114,227,53012,617,918—(67,982)290,3562,775,521(2,696,840)11,680,36528,826,8686,252,3642,875,06637,954,298———————4,259,7524,259,75216,236445,7044,721,692————————————
——————(269,642)—(269,642)—(25,688)(295,330)——————(269,642)4,259,7523,990,11016,236420,0164,426,362——————————437,145437,145——————————(384,274)(384,274)—(458,009)——————(458,009)—(288,333)(746,342)——————————(233,922)(233,922)———————(922,687)(922,687)——(922,687)—————————(348,600)—(348,600)
—
————235,705———235,705——235,705—
4,806122,556——(46,908)———80,454——80,454381,09911,083,599——————11,464,698——11,464,698—(80,000)——————(80,000)(5,920,000)—(6,000,000)—274,435——————274,435——274,435——(114,766)—————(114,766)——(114,766)—————192,952—(192,952)————202012314,613,43523,560,499*(114,766)*(67,982)*479,153*2,968,473*(2,966,482)*14,824,478*43,296,808—2,825,69846,122,506* 38,798,139201924,599,338
??⺧???????????20201231
201812314,192,67211,777,106(67,982)438,7912,324,748(2,751,020)6,983,26122,897,5766,252,3643,810,73532,960,675
————(1,441)—1,441————2019114,192,67211,777,106(67,982)438,7912,323,307(2,751,020)6,984,70222,897,5766,252,3643,810,73532,960,675
5,147,8775,147,877348,600280,1925,776,669—(7,599)—————(7,599)——(7,599)
—————54,180—54,180—2,86057,040—(7,599)———54,1805,147,8775,194,458348,600283,0525,826,110—42,023—————42,023—112,167154,190—————————(820,451)(820,451)—(95,148)—————(95,148)—(29,856)(125,004)—————————(480,581)(480,581)————————(348,600)—(348,600)
————————————
———191,790———191,790——191,790—
34,858901,536—(340,225)———596,169——596,169
————452,214—(452,214)————201912314,227,53012,617,918*(67,982)*290,356*2,775,521*(2,696,840)*11,680,365*28,826,8686,252,3642,875,06637,954,298
??⺧??????????
?20201231
202020195,064,1667,161,67081,495,6601,718,187
9,49317,001411,022658,6155(1,012,366)(685,584)5(193,825)(219,398)5(32,562)(26,947)5(24,146)(50,018)
—(25,296)5(955,174)(126,724)5(634,696)(921,281)
—(2,662,740)
— 6100,230162,150
6(137,625)59,3006130(215)699,570(36,425)7187,525209,387141,464,9211,267,41716443,808584,393182,062,5681,735,0246112,4271,260,8656307,2911,817,6296120,353121,1436617(2,565)65,339(1,909)67,048—6(497)(519)67,73514,071
—6,134670,300294,632612,205—6235,705191,790
(1,758)(7,243)69,225,46412,512,544
???⺌
20201231
20202019(5,947,658)(3,943,014)
541,139(1,370,256)3,595,158(199,167)460,262300,481
14,341(459,318)
(44,367)515,003
(819,284)(671,875)
621,283303,489
454,79537,702
(367,880)846,773(4,506)(3,677)
(306,002)(33,580)7,422,7457,835,1051,302,216933,228(1,398,100)(1,811,072)
(422,386)(363,271)
(698,277)(861,449)
(922,687)—
(233,922)(480,581)
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20201231
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20201231
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20201231
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20201231
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—
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202012313.
20201231186,2062019186,20617
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2020123133,689,306201927,688,508
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20201231156,0032019180,75736
—
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二零二零年年度報告
202012314.
20201231
74,018,19816,160,26711,134,141101,312,606
——138,064138,06474,018,19816,160,26711,272,205101,450,67018,983,3912,494,2012,330,40923,808,0011,238,7533,597,519(21,663,932)(1,495,660)(420,515)5,064,16647,217,4579,296,5447,190,73063,704,731
205,0221,508,78185,216,372150,634,90611,852,0081,896,1561,804,93815,553,102
88,959,298104,512,400(468,999)(102,396)(71,423)(642,818)2,897,450632,595441,2523,971,297*6,180,6561,349,412941,2508,471,318*
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20191231
66,584,39414,997,4079,026,08290,607,883
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114,5152,212,77376,110,833141,202,13511,511,6101,933,5821,582,74715,027,939
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2020201968,051,18158,217,03214,729,30013,180,2584,822,6225,316,09013,847,56714,023,202101,450,67090,736,582
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二零二零年年度報告
202012314.
(b)
2020201923,868,45119,844,7451,903,6101,651,432543,826562,167113,32849,33126,429,21522,107,675
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60120
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二零二零年年度報告
20201231
5.
(ii)
202020191,012,366685,584
193,825219,398
32,56226,947
#
958,7471,257,975
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2020201966,428,03453,594,953141,464,9211,267,41716(a)443,808584,393
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二零二零年年度報告
202012316.
20202019*1812,205—*7,73514,071*—6,13416(c)234,305330,496
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20202019187,525209,387
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202012318.
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224,717330,0261,495,6601,718,1879.
383(1)(a)(b)(c)(f)2
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2020619201920206192022329
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二零二零年年度報告
202012319.(b)
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2020123110.
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7,000,0017,500,000——7,500,0018,000,000—
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—
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—
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二零二零年年度報告
2020123112.
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—
0.220190.2922,687922,68713.
4,612,33520194,205,702
202020194,259,7525,147,87720202019
4,612,3354,205,702
—
21,15318,3494,633,4884,224,051201977202012314,806
3,706
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2020123114.
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7,052,993363,7449,060,620281,7591,171,71617,930,832(1,725,645)(149,117)(5,329,796)(171,070)—(7,375,628)5,327,348214,6273,730,824110,6891,171,71610,555,2042020115,327,348214,6273,730,824110,6891,171,71610,555,204
37,12651,8731,890,00822,9402,006,0334,007,98025,2056,68645,1513,022—80,064(2,930)(14,130)(163,214)(1,692)—(181,966)(169,872)(110,189)(1,161,798)(23,062)—(1,464,921)2,097,736—33,522—(2,131,258)—(20,071)(1,443)(11,787)(2,170)—(35,471)——(457)—(6,591)(7,048)202012317,294,542147,4244,362,249109,7271,039,90012,953,84220201231
9,170,554395,1409,825,719271,7461,039,90020,703,059(1,876,012)(247,716)(5,463,470)(162,019)—(7,749,217)7,294,542147,4244,362,249109,7271,039,90012,953,842
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二零二零年年度報告
20201231
14.
2019123120181231201911
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(20,667)(62,000)12312,035,2341,957,242
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15.
20201231
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1,758(20,667)202012312,035,234
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2020123115.
20202019
–
–
2%5%2%5%
0.5%30%0.5%5.9%
7.50%8.25%7.50%8.25%
16.
186311015
????
20201231
16.
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2019115,020,556902,64240,7368,8865,972,820
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20202019111,165,502952,264
732,731622,387
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72,54581,261(837,238)(474,490)12311,171,3201,165,502
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2.216
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二零二零年年度報告
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(c)
2020201972,54581,261(443,808)(584,393)(234,305)(330,496)(605,568)(833,628)(d)5251
(a)
138,0642019128,698520201231
20202019132,843132,482212,373291,090164,453213,724509,669637,296(b)
2019T208–00492,662,74059,509201926,947520201231
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2020123117.
202011186,206
——20201231186,20620201231
309,469(123,263)186,206
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2019
13.41%2.62%
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—
—
18.
20201231202011
7,930487,157349,3476,345,6277,190,06111,270343,047163,7412,326,2652,844,323145,7368,358734,559—888,653(5,830)(9,613)(31)(83,915)(99,389)(22,552)(230,393)(214,581)(1,595,042)(2,062,568)(12,205)———(12,205)—(7,793)17,233—9,44020201231124,349590,7631,050,2686,992,9358,758,31520201231
305,580966,0482,061,04216,264,54519,597,215(181,231)(375,285)(1,010,774)(9,271,610)(10,838,900)124,349590,7631,050,2686,992,9358,758,31520191231201911
70,613409,896371,9265,417,8536,270,28812,142232,207183,7432,324,4582,752,550(25,920)(11,437)(27)(59,312)(96,696)(48,905)(144,556)(204,191)(1,337,372)(1,735,024)—1,047(2,104)—(1,057)201912317,930487,157349,3476,345,6277,190,06120191231
157,517707,9511,152,93414,022,19516,040,597(149,587)(220,794)(803,587)(7,676,568)(8,850,536)
7,930487,157349,3476,345,6277,190,061
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2020123119.
20202019178,43096,31226,59226,592—(8,389)205,022114,515
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202020191,027,2762,015,173572,8761,216,1151,600,1523,231,288
(91,371)(1,018,515)1,508,7812,212,7732232
20202019(411,022)(26,628)(412,178)(26,628)1,508,7811,568,773
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2020123121.
20202019(i)—
507,821523,227(ii)529,08537,435
1,036,906560,662(i)— 1,536,7411,594,254
1,536,7411,594,254
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(ii) 20201231
(iii)
2020— (16,234)— 153,859
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20202019616,139,41618,838,5616121,106,3782,331,934121,192,7771,061,61123132,027365,780
18,570,59822,597,886(15,891,020)(19,778,280)2,679,5782,819,606
2020201913,168,20312,412,2806307,2911,817,629
(3,366,645)(1,359,859)(362,508)298,1539,746,34113,168,203 202012319
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6612122337%21%41%90%100%34%17,435,7711,398,5252,030,1161,372,6496,079,87828,316,9391,296,354292,148837,3391,240,6226,079,8789,746,341 20191231
66121223311%13%76%81%100%37%21,102,2442,675,2344,353,5671,956,2985,678,74635,766,0892,263,683343,3003,291,9561,590,5185,678,74613,168,203
20202019—
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20202019112,339,3122,632,749
128,147—11835,325(293,437)12313,302,7842,339,312
20202019464,969423,705266,314241,636213,629239,826279,142284,946
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2020123124.
202020193,437,1012,511,372(134,317)(172,060)3,302,7842,339,312202020195,103,0434,286,930140,84010,1895,243,8834,297,119202020192020—171,7442021103,206373,8132022106,593352,4842023372,143285,5302024341,724257,61820254,179,3772,845,741
5,103,0434,286,930
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2020123125.
2020201938,613,38936,238,157
— (2,953,557)(2,928,810)
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26.
20202019967,600714,225241,137173,269351,623359,2811,765,9401,648,5233,326,3002,895,29827.
2020201912,846,2875,300,4131,358,8921,188,2352,387,2512,572,7717,075,2717,904,86010,021,60510,722,22933,689,30627,688,508
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二零二零年年度報告
2020123128.
20201231201912319,237,2569,987,937(310,845)(450,087)8,926,4119,537,85020201231310,845
1231
202020198,926,4119,537,85020202019450,087152,485670,300294,632
(199,825)—(9,717)2,970310,845450,087
20202019
3.37%4.51%
9,237,2569,987,937310,845450,087
????
2020123129.
202020191,972,0632,432,3256(1,439)(1,936)
1,970,6242,430,389
30.
20202019321,792402,5259,326,5818,624,170
—3,081
64,353890
56,64656,8346(202,186)(240,137)
9,567,1868,847,363
20202019—
119,06574,991—
119,06575,523
????
二零二零年年度報告
2020123131.
2020201936,118(153,961)106,065(126,223)36,118(153,961)106,065(126,223)
A—
32.
20202019627,768,16126,928,446612371,996398,10712181,788194,54823155,278166,176338,56641,273
28,515,78927,728,550
20202019—6,49421730147,78883,206909,655352,743
49,6063,6341,107,266446,107
????
2020123133.
2020201914,998,17214,517,05734.
20202019(a)5,370,4575,156,342
633,22251,0669,237,4098,325,386308310(b)85,403526,521
15,326,79914,059,625
(a)(b)
????
二零二零年年度報告
2020123135.
20202019(%)(%)
— 0–
18.250020212,131,0550–
18.2500202018,642,749
— 20.7500–
42.00002021
—
20.7500
–
42.00002020224,530
— 3MLIBOR+1.3500–
2.20002021110,8463MLIBOR+1.3500
–
2.200020201,305,821
— 6MLIBOR+0.7000–
1.900020213,260,2006MLIBOR+0.7000
–
1.900020202,444,050
— 12MLIBOR+1.8000202129,60312MLIBOR+1.80002020156,542
— LPR+0.0500–
0.920020215,198,000LPR+0.0500–
0.920020202,969,000
— 3MEURIBOR+1.10002021 866,3333MEURIBOR+1.10002020845,327
— 4.7500–
5.7000202150,0004.7500–
5.7000202010,000
— 2.7800–
18.00002021563,6662.7800–
18.00002020140,000
— LPR+1.1020211,000LPR+1.102020—12,210,70326,738,019
— 3MLIBOR+1.6%20231,956,120—2023—
— 3MLIBOR+1.8%2025326,0203MLIBOR+1.8%2025—
— 4.7500–
6.9000202283,3414.7500–
6.9000202292,050
— 4.7500–
6.9000202385,3234.7500–
6.90002023
—
— 4.7500–
6.90002027
—
4.7500
–
6.9000202720,159
— LPR+90BP-6.9000202258,515LPR+90BP-6.90002022—
— LPR+90BP-6.900020244,000LPR+90BP-6.90002024—
— LPR+90BP-6.9000202774,719LPR+90BP-6.90002027—
— 6MLIBOR+1.4000–
1.7000020222,559,2576MLIBOR+1.4000
–
1.7000020223,700,990
— 6MLIBOR+1.4000–
1.7000020231,173,6746MLIBOR+1.4000
–
1.700002023
—
— LPR+0.4400–
0.65002021
—LPR+0.4400–
0.65002021185,000
— LPR+0.4400–
0.650020226,765,900LPR+0.4400–
0.650020221,900,000
— LPR+0.4400–
0.650020239,018,650LPR+0.4400–
0.65002023
—
—
———
4.7500
–
12.560020212,061,499
— 4.7500–
12.56002022446,9944.7500–
12.560020222,082,556
— 4.7500–
12.5600202358,8824.7500–
12.56002023
—
— 0.750020232,9090.750020232,839
22,614,30410,045,09334,825,00736,783,112
????
20201231
35.
2020201912,210,70326,738,0199,914,0072,246,49912,625,5787,778,43574,71920,15934,825,00736,783,11223,943201926,255
3,392201924,710
20202019282,267312,4183,869,8552,444,871608,213394,244188,303222,8604,948,6383,374,393
20202019
20,00010,000
????
二零二零年年度報告
2020123136.
******2019111,494,051366,195307,3682,167,614
1,730,89316,586148,2071,895,686(1,605,728)(216,290)(274,818)(2,096,836)201912311,619,216166,491180,7571,966,4642020111,619,216166,491180,7571,966,464
1,185,30960,538127,2601,373,107(1,048,258)(54,065)(152,014)(1,254,337)202012311,756,267172,964156,0032,085,234
******37.
1920191231
20202019(%)3.253.25
(%)5.505.5020201231
%
%
0.25(3,315)0.253,420
1.0014,4251.00(12,983)
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2020123137.
202020194,6014,3384,6014,3384,6014,3382020201911144,505136,245
4,6014,338(4,506)(3,677)
(350)7,599
1231144,250144,505 2020
2020
20201231144,5054,6014,601(4,506)—
(350)(350)144,250
144,5054,6014,601(4,506)—
(350)(350)144,250
2019
2019
20191231136,2454,3384,338(3,677)—7,5997,599144,505136,2454,3384,338(3,677)—7,5997,599144,505
????
二零二零年年度報告
2020123138.
20202019236,408857,3982,228,3132,656,0243,668,9112,117,396
19,29038,6936,152,9225,669,51139.
20202019
43,032—338,067—580494381,6794943,476,2543,471,534755,502755,5024,231,7564,227,0364,613,4354,227,53040. 20172017762017
1,99614,960.12
—
2017765%
17.06
????
20201231
40. 2017
(1) (ROE)(2)
1/32019762020752017ROE10%
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38.252018
20%1/32021762022752019ROE10%
38.252019
30%1,477,4962020104,32020204,806,0614,806,0614,806
122,5562017
202020191117.0644,53217.0681,864
(4,806)(34,858)—(2,474)123116.8639,72617.0644,532
????
二零二零年年度報告
2020123140.
2017
2020
*39,72616.8620217620227539,7262019
*4,80617.0620197620207539,72617.0620217620227544,532
0.180.180.18(%)43.3542.242.9(%)3.4983.5063.517
5%5%5%5%5%5%
????
2020123140.
2020
2020202011620206,12315,847.202020
5%
1/334.47
2020
2020
34.47158,472
1231158,472
1/32021.11.6–2022.11.52020301/32022.11.6–2023.11.520202021
64.7
1/32023.11.6–2024.11.5202020212022
102.3
1,444,5492020128,336
2020
*52,82434.472021116202211552,82434.472022116202311552,82434.4720231162024115158,472
????
二零二零年年度報告
2020123140.
0.200.200.20(%)34.4033.5730.33(%)2.7752.8462.909
5%5%5%5%5%5%
20202020101220201162020
2711,476.611,476.6
1.0086,260.6
54.55%5,216.0
45.45%
A202091A2,973,9000.06%114,765,557.00
20201216—
089925****2,973,900
0.06%
50%
202030
1250%
20203,049
????
2020123141.
–
42.
2020122828.43%78.33%
553,700
1,629,1381,206,156(759,537)(128,147)1,947,610(422,047)1,525,563971,863553,7001,525,563
553,700553,700(296,029)257,6712020123133,5573,331
102,662,3754,832,705
????
二零二零年年度報告
2020123143.
(a)
2015127201560
55.81%63005(www.chinabond.com.cn)
50.01%610
530020201272020131.20201316,348,600(b)
6,000,0001/27/201560,000,0006,000,0006,252,36416,236(5,920,000)(348,600)—44.
202012312,983,90020192,009,638
2020123144,285201927,630
20201231201941,438
????
20201231
44.
0%100%
2020123115,046,798201925,798,167
547,792554,93045.(a)
2020201912,832,33213,559,28112,832,33213,559,281(b) 201211ZTE Do Brasil LTDA3,135.37
3,934.26201327
201373,122.433,918.0320161
3,122.433,918.0320164
20168292016113,122.433,918.03201722016102012113015
8,297.45
1.04
2020123111.2548
????
二零二零年年度報告
2020123145.
(c) 20181031
(1)2(2)
201949202012282021125
(d) 20208
1,230.71,230.720209
1,795.8202010
1.88
2020121,586.520211
7,254.8
????
2020123145.(e) BIS2018415
2018415202531320184152018415
EAREAR201841520184238317644
20186BIS201820173BIS20172018BIS2018
682018682018
1410201868420182018684
2018BIS201868
EAR20182018682018612
2018201720182017(i)
EAR(ii)
SAP(GTS)ECCNEAR
ECCN
2021
20201146.
????
二零二零年年度報告
2020123147.
202020192,837,2223,097,02113,00048,6902,850,2223,145,71148.(I)
20202019(a)—1,970(b)3258(c)10,2259,809(a)906,306649,757(b)507,484378,430(e)18,85072,377(f)55—(b)2,91414,364(e)—
(a)330,280400,783(b)6,1666,332(e)1,5931,131(a)103,21661,348(b)853,356613,388(d)32,89130,918(e)56,440961
(a)(b)(c) 46.5200(d) 14.1380(e) 34.50152.08(f)
????
20201231
48.(II)
(i)
3,039——17,84314,928—(ii)
900,000——95,70066,000—91,65098,380—(iii)
3,2942,445178341114—(iv)
1,100,000——(III)
(i)
2232(ii)
3034
????
二零二零年年度報告
2020123148.
(IV)
2020201955,99640,4261892903,8001,92659,98542,642330201940314A
(2)49. 2020
2,044,562——2,044,562529,085——529,085—1,970,624—1,970,624——18,570,59818,570,598——547,792547,792——994,141994,141——351,623351,623——4,637,2904,637,290——2,573,0432,573,043——31,403,05631,403,05636,118——36,1182,609,7651,970,62459,077,54363,657,932
????
2020123149. 2020
—28,515,78928,515,789—1,171,3201,171,320
—554,930554,930—2,804,9532,804,953—34,825,00734,825,007—3,668,9113,668,911153,961—153,961153,96171,540,91071,694,871 2019
2,117,481——2,117,48137,435——37,435—2,430,389—2,430,389——22,597,88622,597,886——509,381509,381——826,308826,308——359,281359,281——6,272,3216,272,321——1,460,0361,460,036——28,505,80028,505,800106,065——106,0652,260,9812,430,38960,531,01365,222,383
????
二零二零年年度報告
20201231
49. 2019
—27,728,55027,728,550—1,165,5021,165,502
—510,882510,882—3,507,3883,507,388—36,783,11236,783,112—2,117,3962,117,396126,223—126,223126,22371,812,83071,939,05350.
20201231
????
2020123150.
EV/EBITP/E
A—
202020191231
2020 2019%4 ~ 104 ~ 10%3030P/E7–4313–
EV1–
–
EV/EBIT
–1311–
EVEV/EBIT10%20201231173,164
EV EV/EBIT10%2020123162,229
????
二零二零年年度報告
2020123150.
20201231
— 312,925—194,896507,821—
——1,536,7411,536,741—529,085—529,085—36,118—36,118—1,970,624—1,970,624312,9252,535,8271,731,6374,580,389 20191231
— 116,220—407,007523,227—
——1,594,2541,594,254—37,435—37,435—106,065—106,065—2,430,389—2,430,389116,2202,573,8892,001,2614,691,370
????
2020123150.
20201231
—(153,961)—(153,961) 20191231
—(126,223)—(126,223)2019
20202019112,001,2611,551,551
182,815130,581(466,942)(119,633)172,895545,721
27,8404,793(186,232)(111,752)12311,731,6372,001,261
????
二零二零年年度報告
2020123151.
20201231
1,444,0402019954,000202012312019
9.50%201967%
*202025(78,851)—
(25)78,851
—201925(14,294)—
(25)14,294
—*
????
2020123151.
%2020
5%103,279(5%)(103,279)5%95,928(5%)(95,928)利
%2019
5%311,119(5%)(311,119)5%121,445(5%)(121,445)
????
二零二零年年度報告
2020123151.
20201231
529,085———529,085*———9,237,2569,237,256*———28,316,93928,316,939
— **792,748———792,748— **——201,393—201,393
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37,435———37,435*———9,987,9379,987,937*———35,766,08935,766,089
— **827,135———827,135— **——239,310—239,310
359,281———359,281— 6,272,321———6,272,321— 1,460,036———1,460,036— 28,505,800———28,505,80037,462,008—239,31045,754,02683,455,344* 2228**
????
2020123151.
23.69%201926.12%
2020
–
–
—11,774,36010,296,45112,992,217427,57235,490,600—453,134428,583211,222276,4371,369,37617,151,73311,364,056———28,515,789
—239,672150,36563,440102,182555,659
2,804,953————2,804,953—153,961———153,96186,26613,23813,8711,480,9712,398,6173,992,96320,042,95223,998,42110,889,27014,747,8503,204,80872,883,301 2019
–
–
—27,337,4742,254,6127,894,79040,75337,527,629—520,208105,225238,741553,5931,417,76718,355,6109,372,940———27,728,550
—348,86694,74539,91327,358510,882
3,507,388————3,507,388—126,223———126,223—86,26613,23813,8712,340,9872,454,36221,862,99837,791,9772,467,8208,187,3152,962,69173,272,801
????
二零二零年年度報告
2020123151.
2020123120191231
202012312019123134,825,00736,783,1121,171,3201,165,502554,930510,88236,551,25738,459,49646,122,50637,954,29882,673,76376,413,794
44.2%50.3%
52.(a)
386,044386,0442019622,387622,387(b)
2019123136,783,1121,165,502310,024200,858
(1,304,190)(490,551)(108,540)152,588
—386,044——(653,915)(21,641)———123,295——2020123134,825,0071,162,649201,484353,446
????
2020123152.(b) 2019
2018123127,349,891500,812—591,931434,137
——952,264——20191127,349,891500,812952,264591,931434,137
9,033,801(500,812)(474,490)(281,907)(233,279)
——622,387——399,420—(15,920)————81,261——2019123136,783,112—1,165,502310,024200,858(c)
20202019(234,304)(330,496)(346,687)1,843,640(490,551)(474,490)(1,071,542)1,038,65453.
1. 2021111
10.35
90%90%7.74
2. 2021316A
H1022020
2020AH
????
二零二零年年度報告
2020123154.
20201231201912316,422,3535,872,2371,888,2982,101,9191,955,0411,976,7721,600,0001,562,38017,679,71215,844,624
184,94884,948445,176767,133706,117725,125928,7042,226,569305,062200,6712,244,1391,063,8382,953,5572,928,8102,030,3441,820,74439,343,45137,175,77018,444,52719,692,9145,180,0414,460,97719,779,13224,893,5371,864,4771,980,798178,443230,03543,774,46735,650,19735,995103,8891,028,9591,781,5202,367,8081,187,20020,002,19310,032,692112,656,042100,013,759
????
2020123154.
202012312019123157,855,03649,098,79810,202,9399,347,16219,732,69126,639,1191,568,8181,786,1678,140,60811,814,902197,843224,489180,055230,323140,982115,81152,35444,17722522598,071,55199,301,17314,584,491712,58653,927,94237,888,35616,931,4797,550,990310,588200,858144,250144,505218,235337,7642,091,9993,242,78819,696,55111,476,90534,231,39126,411,4514,613,4354,227,530(114,766)—29,732,72215,931,557
—6,252,36434,231,39126,411,451
????
二零二零年年度報告
2020123154.
20201110,414,702290,3561,931,371(20,276)3,315,4046,252,36422,183,9212019————(922,687)—(922,687)———4,6693,132,04116,2363,152,94611,081,354—————11,081,354—
—235,705————235,705— 122,556(46,908)————75,648——192,952—(192,952)———————(348,600)(348,600)(80,000)————(5,920,000)(6,000,000)274,435—————274,4352020123121,813,047479,1532,124,323(15,607)5,331,806—29,732,722
201812319,520,765438,7911,480,598(19,656)(4,168,837)6,252,36413,504,025
——(1,441)—1,441——2019119,520,765438,7911,479,157(19,656)(4,167,396)6,252,36413,504,025
(7,599)——
(620)7,935,014348,6008,275,395
—
—191,790————191,790— 901,536(340,225)————561,311——452,214—(452,214)———————(348,600)(348,600)2019123110,414,702290,3561,931,371(20,276)3,315,4046,252,36422,183,921
2.4
55.
2021316
2020
20201231
(http://www.cninfo.com.cn)
2021317
2020
: 000063.SZ763.HK
2020