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1 (股份代號: 00894) (Stock Code: 00894) Save Oil, Save Minerals, Fresh Air, Green Future Save Oil, Save Minerals, Fresh Air, Green Future Tomorrow Starts Here Tomorrow Starts Here 2018 中期報告 本報告以環保紙印製 2018 Interim Report

2

3 ,,,, UFJ Clarendon House, 2 Church Street Hamilton HM 11, Bermuda

4 MUFG Fund Services (Bermuda) Limited The Belvedere Building 69 Pitts Bay Road Pembroke HM08 Bermuda

5 , , % 143, , % EBITDA 78,656 74, % 25,443 19, % % %690,616, ,350, % 21.3% % 30.2% 25,443,

6 %

7 ,058, ,702, ,935, ,079, ,808,000142,127, ,795, ,284, ,935, ,079, ,452, ,822,000 1,551,028, ,610,825,0001,066,576, ,101,003,

8 , ,

9

10 , ,466 (547,266) (423,696) 143, , ,214 3,772 / 9 (4,702) 17,004 (39,911) (28,080) (70,055) (61,869) (3,558) (1,915) 10 28,338 43, ,255 (3,554) 12 (14,465) (15,028) 13 2,471 2,000 16, ,178 27, (8,735) (7,716) 25,443 19,537 / 29,215 18,859 (3,772) ,443 19,

11 ,443 19,537 6,920 (19,890) 63,866 (12,970) 63,866 12,473 83,403 17,245 79,512 (4,772) 3,891 12,473 83,

12 , , ,042 68, , ,522 1,986 2, , , ,605 66,428 23,544 23, , , ,454 16,463 1,187,880 1,142, , , , , ,410 96, ,694 22, , , ,702 1,551,028 1,610, , , , , ,730 39,465 1,738 3,680 6,914 8, , , ,066,576 1,101,

13 , ,822 1,672,332 1,652, , ,284 1,042 2, ,765 34,677 10,781 11, , ,545 1,481,540 1,475, ,555 47, ,386,197 1,368,952 1,433,752 1,416,507 47,788 59,032 1,481,540 1,475,

14 ,555 1,368,952 1,416,507 59,032 1,475,539 / 29,215 29,215 (3,772) 25,443 6,920 6,920 6,920 (18,890) (18,890) (1,000) (19,890) ,245 17,245 (4,772) 12,473 (6,472) (6,472) ,555 1,386,197 1,433,752 47,788 1,481,

15 ,555 1,194,855 1,242,410 70,165 1,312,575 9 (7,714) (7,714) (7,714) ,555 1,187,141 1,234,696 70,165 1,304,861 18,859 18, ,537 60,653 60,653 3,213 63, ,512 79,512 3,891 83,403 (6,461) (6,461) ,555 1,266,653 1,314,208 67,595 1,381,

16 (23,853) (78,352) / (66,712) 69,723 (27,471) (55,516) (118,036) (64,145) 312, ,116 (9,608) 12, , , , , , , ,

17 1 Clarendon House, 2 Church Street, Hamilton HM 11, Bermuda

18 (i) A. B. C

19 (ii) (a)

20 5 (b) ,738 1,076 2,814 2, , , , , , ,864 20,730 20,730 20, , , , , ,063, ,832 1,211,205 1,195, ,680 2,540 6,220 6, , , ,069 98,857 98,857 98,857 39,465 39,465 39, , , , , ,095, ,520 1,229,801 1,216,

21 5 (c) ,544 23, ,544 23,580 2,780 2,780 2,780 2,

22 5 (c) ,374 23, ,374 23,410 6,156 6,156 6,156 6,

23 5 (c) ,374 14, ,700 (80) ,544 18,

24 , , , ,770 (%) 20.8% 21.3% EBITDA 1 78,656 74,012 EBITDA (%) 11.4% 13.7% 2 113,524 91,864 (%) 16.4% 17.1% 25,443 19,537 (%) 3.7% 3.6% 1 EBITDA

25 ,320 42, , , , ,808 9,370 10,105 2,074 2,569 15,666 17,149 27,232 27,285 11,799 24, , , ,177 75,872 1,077,409 1,026, ,152,882 1,102,

26 , , , , ,166 2,331 1, ,214 3,772 9 / , ,669 (6,197) (3,505) 250 3,706 (4,702) 17,

27 10 / ,010 30, ,837 (1,997) (115) / 1,255 (3,554) (13,848) (13,525) (617) (1,503) (14,465) (15,028) ,141 1, ,471 2,

28 ,709 6,761 3,714 7,545 5, ,735 7, % % 15% %25% % 15 29,215, ,859,000475,548, ,548,

29 , ,220 10,344 7,206 (40,301) (1,980) (581) (29,010) (30,879) (3,091) 20, , , ,718 65,699 9,226 (11,580) (782) (752) (540) 2, ,042 66, , ,396 11,580 40,301 (74,209) ,669 (682) 1, , ,

30 / , ,

31 , ,024 (34,586) (31,430) 625, , ,410 96, , , , , , , ,528 8, ,621 10, , ,

32 ,430 23, , ,430 30,841 4,888 3,485 (1,330) (1,588) (402) ,586 33, , , ,782 31, ,069 3, ,246 2, , ,145 30,096 14, , ,

33 , , ,068 82, ,059 45, , ,079 (692,808) (718,795) 142, , EBITDA ,000, , , , ,032 (529,987) (356,520) (1,259) , ,

34 ,000,000, , , ,547, ,547, ,555 47, ,547,534 47, , , ,547,534 47, , ,

35 ,458 1,876 2,800 79, ,377 (162) 59, ,823 1,368,952 29,215 29,215 6,920 6,920 (18,890) (18,890) ,920 (18,890) 29,215 17, ,458 1,876 2,800 86, ,487 (162) 59, ,038 1,386,

36 ,458 1,971 2,800 75,151 1,879 98,354 (162) 56, ,985 1,194,855 9 (1,879) (5,835) (7,714) ,458 1,971 2,800 75,151 98,354 (162) 56, ,150 1,187,141 18,859 18,859 60,653 60, ,653 18,859 79,512 (95) ,458 1,876 2,800 75, ,007 (162) 56, ,104 1,266, ,890 72,844 36,097 43,018 1,209 1,219 83, ,

37 26 (a) ,984 33, ,148 33,460 (b) , ,566 1,

38 Man Yue Holdings Inc.44.09% (a) ,596 28, ,367 6, ,141 1, (b) / , , ,694 22,609 2 (20,730) (39,465) 1 85,026, ,083,

39 27 (c) ,203 8, ,284 8, ,148,

40 XV ,689, % 51,006, % 260,696, % 4,716, % 500, % 1 Man Yue Holdings Inc

41 XV336 5% Man Yue Holdings Inc. / 209,689, %

42 ,980, ,980, , , , , , , , , , , ,480,000 1,480,000 1,980,000 1,980,

43 B (1) A

44

45 EBITDA

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