2016/2017
2 3 4 6 8 13 18 20 41 45 55 60 62 65 70 80 85 87 88 89 91 92 149 151 100%
ACS ACIS ACS ACIS Clarendon House, 2 Church Street, Hamilton HM 11, Bermuda 181 One Harbour Square22 1 (852) 3929 3800 (852) 3929 3890 Conyers Dill & Pearman 2
2016/2017 39,154.8 32,092.8 22.0% 7,976.3 5,861.3 36.1% 6,560.7 4,331.1 51.5% 5,435.0 1,667.4 226.0% 4,383.7 1,121.7 290.8% (1) 4,765.3 2,834.1 68.1% 3,513.3 6,460.5 (45.6%) 22,441.5 21,515.2 4.3% 29,748.7 26,074.2 14.1% 93.9 24.0 291.3% 93.7 24.0 290.4% 5.0 2.0 150.0% 25.0 8.0 212.5% 3.0 3,612.3 1,838.1 96.5% (%) 20.4 18.3 2.1 16.8 13.5 3.3 11.2 3.5 7.7 22.3 19.8 2.5 9.0 5.1 3.9 22.0%39,154.8 290.8%4,383.7 68.1%4,765.3 7.711.2% (1) 1.7% 14.1% 66,166.8 29,748.7 67,291.6 26,074.2 65,033.7 25,226.7 66,983.0 24,072.6 64,433.9 22,783.6 22.0% 290.8% 39,154.8 4,383.7 32,092.8 1,121.7 30,092.5 1,411.5 28,928.7 1,755.2 28,739.1 1,560.6 3
01 1) 2) 100% 3) 4) 02 50 180g/m2 50 60 70g/m2 4
2016/2017 03 04 1) 55 140g/m2 FSC 2) FSC 5
68.1% 13 39,154.8 22.0% 18.3% 20.4%4,383.7 4,765.368.1% 0.9425 3,896 28,94981.4%74.6% 6
2016/2017 64% 14%20% 14.08 0.60 0.500.35 0.55 16 4.0 7
8
2016/2017 13.7 13.0 9
7.58 3.40 2.60 13.58 0.45 37.4% 21.6% 15.3% 9.6% 4.6% 2.5% 3.6% 2.2% 3.2% 100.00% 10
2016/2017 15 8 5 3 2 1 2 1 2 39 38% 336 89 11
16,400 OHSAS 18001 12
2016/2017 350,000 14 350,000 550,000 500,000 600,000 16 39,154.8 22.0% 93.8%6.2% 22.0% 49.9% 23.1% 20.8% 5.6% 47.2% 22.6% 23.7% 5.8% 13.7 7.23.42.60.5 13.0 3.8% 9.3% 10.6% 95.6%4.4% 4.2%5.3% 1.1%1.3% 13
7,976.35,861.3 2,115.036.1%18.3%20.4% 591 15.3% 681.7 632.0 837.9736.0 13.8% 2.3% 2.1% 1,047.6 9.0%1,142.3 3.3% 2.9% 6,560.72,229.6 51.5% 13.5% 16.8% 18.3%20.4% 1,410.3 24.4%1,066.0 (i)1.1 102.8(ii) 102.3(iii) 82.4 1.1 94.4 399.6 117.0282.6 1,772.1 1,372.577.5% 14
2016/2017 382.7 1,618.0 1,025.4 97.9%507.3 31.1% 18.9% 1,121.7 3,262.0 4,383.7382.7 1.1 68.1%4,765.3 1,618.0 94.42,834.1 5.0233.7 25.01,168.6 30.0 32.0% 3,605.5 29.8% 4,679.1 2,849.61,829.5 15
2,592.5 9.9% 2,849.6 1,013.0 80.6% 1,829.5 25 24 1421 5,399.2 4,597.7 17.4% 29 2,291.2 4,098.0 44.1%27 8,070.25,248.9 35.0% 32,668.4 6,507.6 29,748.73,674.5 5.6 6.4 32,845.33,896.2 28,949.1 12,116.116,833.0 41.9% 58.1%98.9% 81.4% 74.6% 16
2016/2017 (a) (b) 10,542.5 18,406.6 36.4% 63.6% 3.5% 3.3% 3.4% 2.8% 1,326.21,123.5 3,612.3 4,295.0 17
39,154.8 32,092.8 30,092.5 28,928.7 28,739.1 (31,178.5) (26,231.5) (25,376.1) (24,177.6) (24,132.8) 7,976.3 5,861.3 4,716.4 4,751.1 4,606.3 681.6 591.0 154.5 193.4 172.0 (117.0) (337.6) (7.1) 24.7 43.6 (26.6) (837.9) (736.0) (679.1) (525.6) (677.7) (1,142.3) (1,047.6) (917.7) (820.7) (802.0) 6,560.7 4,331.1 3,240.4 3,622.9 3,342.2 106.7 138.7 130.2 70.4 46.0 (1,066.0) (1,410.3) (1,521.8) (1,589.3) (1,534.3) (282.6) (1,434.5) 67.2 15.8 161.9 116.2 42.4 39.5 37.5 0.7 5,435.0 1,667.4 1,955.5 2,157.3 2,016.5 (1,025.4) (518.0) (499.2) (370.3) (425.8) 4,409.6 1,149.4 1,456.3 1,787.0 1,590.7 4,383.7 1,121.7 1,411.5 1,755.2 1,560.6 25.9 27.7 44.8 31.8 30.1 3,513.3 6,460.5 5,606.4 3,482.4 (1,703.1) (3,166.4) (1,360.6) (2,187.9) (2,480.1) (4,367.0) (4,844.0) (1,497.5) (4,007.4) 890.7 7,752.7 (4,497.1) 3,602.4 (588.9) 1,893.0 1,682.6 18
2016/2017 66,166.8 67,291.6 65,033.7 66,983.0 64,433.9 4,679.1 3,605.5 3,553.2 4,523.3 3,778.8 5,399.2 4,597.7 5,351.5 4,894.6 5,600.3 1,220.7 954.6 1,397.6 2,231.0 2,493.5 50.1 46.7 28.0 13.0 1.3 3.5 10.8 274.0 563.6 6,496.8 11,056.1 7,334.0 7,938.4 6,070.5 17,856.7 20,534.6 18,227.9 19,603.8 17,944.4 46,415.1 44,860.8 45,010.9 45,599.2 44,690.8 1,520.8 1,521.8 1,472.4 1,479.8 1,522.7 230.7 245.3 251.5 223.2 225.7 119.8 65.8 64.2 52.7 10.1 2.4 15.9 6.8 24.3 40.2 21.3 47.4 48,310.1 46,757.0 46,805.8 47,379.2 46,489.5 36,082.0 40,870.8 39,508.2 42,383.5 41,153.0 2,291.2 4,098.0 3,963.6 3,243.2 3,403.5 1,842.7 1,315.2 1,181.5 1,649.5 1,673.2 565.8 434.9 423.2 354.3 354.1 12,116.1 11,992.9 12,188.1 12,349.7 8,616.1 1.1 2.5 2.7 16,815.8 17,842.1 17,758.9 17,599.4 14,046.9 16,833.0 20,852.4 19,802.4 23,124.4 25,690.0 2,433.2 2,176.3 1,912.3 1,628.3 1,372.5 34.6 31.4 43.6 19,266.2 23,028.7 21,749.3 24,784.1 27,106.1 29,748.7 26,074.2 25,226.7 24,072.6 22,783.6 336.1 346.6 298.8 526.9 497.3 19
20
2016/2017 A1. +IC++ (GB3544-2008) (COD) (SS)(pH) 21
+ +SCR/SNCR 95% 85%99.9% 10 (SO2) (Dust)(NOX) 22
2016/2017 40% 23
A2. 95% 1,400 2008 6 100% 24
2016/2017 A3. ISO9001 ISO14001OHSAS18001FSC 95% 1 0.8 3 41.2600 100 1,400 25
IC (GB12348-2008) LED COD 24 26 26
2016/2017 B1. 6 1 27
B2. B3. 2016 72017 6983 6,395 148,594 158 0.1% 4,980 3.35% 164,98510.18295 0.17%6,568 3.98% 21,22614.78% 46,166 32.15% 56,37839.26%5,7674.02% 6,8684.78%9,0886.33% B4. 16 18 28
2016/2017 2013 SA80002015 2 B5. 2,310 2,065 1,880 1,906 1,364 1,195 1,203 1,161 1,149 1) ISO 2) 6,285 3) B6. SGS ISO9000 14000 OHS18000 29
ISO DCS QCS B7. 30
2016/2017 1. SAP OA 2. 3. 4. 5. 6. 7. 8. claim_group/nddg/ndpaper 9. 31
2 1 2 2017 6 3,000 81.1 32
2016/2017 2016 7 2017 6 1 2017 3 2008 3 2016 340 2 2016 9500 33
3 201658 4 2016 7 2017 6 2,3001,800 500 ACCA 20 34
2016/2017 5 (1) 2016 9 35
2017 3 (2) 30 36
2016/2017 (3) 2016 10 2017 3 2017 5 37
(4) 2016 10 2017 5 38
2016/2017 (5) 2017 5 (6) 2017 5 39
(7) 2017 8 (8) 2016 10 2017 1 40
2016/2017 / 41
(dbaccess China Conference 2017) 42
2016/2017 43
2016CFA Institute Research Challenge CFA Institute Research Challenge W 181 One Harbour Square 22 1 (852) 3929 3800 (852) 3929 3890 info_hk@ndpaper.com 44
2016/2017 2017 45
5 1 2 4 2 1 1 1 1 4/5 1/1 2/2 1/1 1/1 1/1 1 4/5 2/2 1/1 1/1 1 4/5 2/2 2/2 1/1 1/1 1/1 1 4/5 1/1 1/1 5/5 1/1 1/1 5/5 1/1 2/2 4/4 2/2 1/1 1/1 1/1 5/5 1/1 2/2 4/4 2/2 1/1 1/1 1/1 5/5 1/1 2/2 4/4 2/2 1/1 1/1 1/1 (1) 46
2016/2017 3.13 3.13 14 A.4.3 3.13 47
80 84 55 59 60 61 48
2016/2017 (http://www.ndpaper.com) 49
(http://www.ndpaper.com) 50
2016/2017 51
http://www.ndpaper.com 52
2016/2017 info_hk@ndpaper.com 1. 2. 3. 181 One Harbour Square 22 1 info_hk@ndpaper.com(852) 3929 3894 (1)(2) 3 1. 1.1 181 One Harbour Square 22 1 1.2 1.3 21 1.4 21 53
2. 2.1 2.2 (i)(ii) 100 2.3 181 One Harbour Square 22 1 (6) (1) 2.4 (i) (ii) 54
2016/2017 55
1.00 1% 1% (i) (ii) (iii) 10%400,000,000 10% 30% 30% (i)303,602,286 6.50%(ii) 18,000,000 0.39% 56
2016/2017 * i) 1 2 4,500,000 4,500,000 0.10% 4,500,000 4,500,000 0.10% 4,500,000 4,500,000 0.10% 4,500,000 4,500,000 0.10% ii) 3 8,000,000 (8,000,000) 0.00% 26,000,000 (8,000,000) 18,000,000 * 4,674,220,811 (1) 5.19 5.19 5.19 5.19 4,500,000 4,500,000 5.18 4,500,000 4,500,000 5.18 4,500,000 4,500,000 5.18 4,500,000 4,500,000 5.18 (2) (3) 4 4.134 8,000,000 (8,000,000) 3.94 (4) 57
(5) 17.08 0.637% 2.700% 42% 7,800,000 0.745% 1.800% 46% 26,606,000 1% 1% (i) (ii) (iii) 58
2016/2017 10%466,622,081 10% 30% 30% 22 59
(i) (ii) (iii) (iv) (v) (vi) 60
2016/2017 8.1 0.8 61
62
2016/2017 1. 2. 63
2017 2017 XIVA 64
2016/2017 60 2131 2008 2009 RISI CEO (JP) 55 26 18 University of Santo Amaro 65
49 23 36 8 54 5 31 25 66
2016/2017 71 Gray s Inn 68 62 40 67
47 24 45 24 56 29 43 22 42 22 43 21 68
2016/2017 37 14 47 21 61 Chartered Professional Accountants of Canada CFA 4623 8 2 49 27 53 28 69
(a) (b) (c) (d) (e) (f) (g) (h) 3 87 5.0 5.65 2.0 25.0 29.6 1.00 0.84429 70
2016/2017 18 19 9 6 7 16 14 15 62,388,000 1,757,000 8,765,002,0001,561,117,000 54 75.5% 31.9% 4.2% 70% 71
86(2) 72
2016/2017 352 XV (A) 1 85,597,758 27,094,184 2,992,120,000 4,500,000 4,500,000 3,113,811,942 66.62% 27,094,184 85,597,758 2,992,120,000 4,500,000 4,500,000 3,113,811,942 66.62% 29,899,821 4,500,000 34,399,821 0.74% 9,649,000 2,992,120,000 4,500,000 3,006,269,000 64.32% 1,216,670 1,216,670 0.03% (B) Best Result Best Result 37,073 37.073% 37,053 37.053% The Liu Family Trust 37,053 37.053% 37,073 37.073% The Zhang Family Trust The 25,874 25.874% Golden Nest Trust 4 52,927 52.927% (1) Best Result2,992,120,000Best Result(i)37.073% (ii) BNP Paribas Jersey Trust Corporation Limited The Liu Family Trust Goldnew Limited 37.053% (iii) BNP Paribas Jersey Trust Corporation Limited The Zhang Family TrustAcorn Crest Limited 10.000%(iv) BNP Paribas Jersey Trust Corporation Limited The Golden Nest Trust Winsea Investments Limited 15.874% 73
(2) The Zhang Family Trust The Liu Family Trust The Golden Nest Trust (3) XV Best Result (4) The Liu Family Trust The Golden Nest Trust XV Best Result XV 352 XV23 336 Best Result Best Result 2,992,120,000 64.01% 2,992,120,000 64.01% Goldnew Limited 2,992,120,000 64.01% BNP Paribas Jersey Trust Corporation Limited The Liu Family Trust 2,992,120,000 64.01% Best Result2,992,120,000Best Result(i)37.073% (ii) BNP Paribas Jersey Trust Corporation Limited The Liu Family Trust Goldnew Limited 37.053% (iii) BNP Paribas Jersey Trust Corporation Limited The Zhang Family TrustAcorn Crest Limited 10.000%(iv) BNP Paribas Jersey Trust Corporation Limited The Golden Nest Trust Winsea Investments Limited 15.874% 336 74
2016/2017 29 41,892,000 17,905,000 13.21 13.21 250 (i) (ii) (iii) 51% 29 75
(a) 14A 246 500 87 500 (b) 187 600 (c) 312 1,150 76
2016/2017 (d) 368 1,000 (e) 100% 319 380 (f) 60% 183 210 (g) 9,641 19,000 77
(h) 30%70% 7,352 10,000 (a) (b) (c) (d) 3000 740 14A.56 78
2016/2017 79
85 148 80
2016/2017 2.23(a) 39,154,808,000 81
90 82
2016/2017 83
84
2016/2017 6 46,415,144 44,860,821 7 1,520,792 1,521,765 8 230,664 245,275 10 119,749 65,759 12 21,305 47,500 17 2,425 15,884 48,310,079 46,757,004 11 4,679,114 3,605,520 12 5,399,248 4,597,675 12 1,220,678 954,649 50,103 46,665 24,000 53,634 10,833 274,008 13 6,472,756 11,002,470 17,856,732 20,534,621 66,166,811 67,291,625 14 478,977 478,272 14 8,765,002 8,730,315 15 1,539,236 1,323,109 18,965,490 15,542,523 29,748,705 26,074,219 336,084 346,642 30,084,789 26,420,861 85
16 16,832,996 20,852,384 17 2,433,172 2,176,336 19,266,168 23,028,720 18 2,291,195 4,097,964 18 1,842,678 1,315,229 565,855 434,853 16 12,116,126 11,992,892 1,106 16,815,854 17,842,044 36,082,022 40,870,764 66,166,811 67,291,625 92 148 85 148 86
2016/2017 19 39,154,808 32,092,770 21 (31,178,547) (26,231,444) 7,976,261 5,861,326 20 681,674 590,954 (117,037) (337,597) 21 (837,882) (736,018) 21 (1,142,334) (1,047,598) 6,560,682 4,331,067 (959,266) (1,271,570) 23 106,689 138,740 23 (1,065,955) (1,410,310) (282,588) (1,434,494) 10 116,170 42,430 5,434,998 1,667,433 24 (1,025,364) (518,054) 4,409,634 1,149,379 4,383,668 1,121,742 25,966 27,637 4,409,634 1,149,379 25 0.9387 0.2404 25 0.9372 0.2403 92 148 87
4,409,634 1,149,379 3,690 32,852 4,413,324 1,182,231 4,385,969 1,142,280 27,355 39,951 4,413,324 1,182,231 92 148 88
2016/2017 14 14 15 478,272 8,730,315 1,240,359 14,777,793 25,226,739 298,790 25,525,529 1,121,742 1,121,742 27,637 1,149,379 20,538 20,538 12,314 32,852 20,538 1,121,742 1,142,280 39,951 1,182,231 (326,635) (326,635) (326,635) (70,407) (70,407) 94,140 94,140 10,705 10,705 (15,832) (5,127) 21,130 21,130 21,130 31,835 (326,635) (294,800) 7,901 (286,899) 30,377 (30,377) 478,272 8,730,315 1,323,109 15,542,523 26,074,219 346,642 26,420,861 89
14 14 15 478,272 8,730,315 1,323,109 15,542,523 26,074,219 346,642 26,420,861 4,383,668 4,383,668 25,966 4,409,634 2,301 2,301 1,389 3,690 2,301 4,383,668 4,385,969 27,355 4,413,324 (513,583) (233,711) (747,294) (747,294) (38,763) (38,763) (850) (850) 850 7,507 7,507 7,507 705 34,687 (6,238) 29,154 29,154 705 34,687 (513,164) (233,711) (711,483) (37,913) (749,396) 726,990 (726,990) 478,977 8,765,002 1,539,236 18,965,490 29,748,705 336,084 30,084,789 92 148 90
2016/2017 27(a) 5,248,895 8,070,232 (627,517) (270,313) (1,108,075) (1,339,445) 3,513,303 6,460,474 (3,615,052) (1,800,024) (8,890) 27(b) 22,196 15,248 (44,333) (38,085) 553 47,100 (7,443) 681 106,689 138,740 263,175 289,609 62,163 40,708 (3,166,399) (1,360,566) 29,154 30,439,346 39,466,880 (34,699,453) (40,526,975) 29,634 (30,534) (104,185) (5,127) (35,756) (65,024) (606,907) (326,635) 94,140 (4,843,982) (1,497,460) (4,497,078) 3,602,448 11,002,470 7,310,840 (32,636) 89,182 13 6,472,756 11,002,470 92 148 91
1. Clarendon House, 2 Church Street, Hamilton HM11, Bermuda 2. 2.1 4 (a) 1 27 16 38 92
2016/2017 2. 2.1 (b) 7 1 12 1 12 1 2 2 9 2 15 2 28 2 22 2 16 3 23 3 10 28 4 1. 2. 3. 4. 15 15 18 15 93
2. 2.1 (b) 9 939 9 39 9 39 2.11 9 9 12 9 12 9 39 2.13 9 94
2016/2017 2. 2.2 (a) (b) (c) (d) 95
2. 2.3 (a) (b) 20% 50% 96
2016/2017 2. 2.3 (c) 2.4 2.5 (a) (b) (c) 97
2. 2.5 (c) 2.6 24 15 35 5 10 8 15 3% 5% 98
2016/2017 2. 2.6 2.10 2.7 2.8 3050 2.9 (a) 99
2. 2.9 (b) (i) 10 2.10 (ii) (iii) 8 10 (c) (d) 10 50 100
2016/2017 2. 2.10 2.11 (a) 12 2.15 2.16 (b) 2.12 101
2. 2.13 2.14 2.15 2.16 102
2016/2017 2. 2.17 2.18 2.19 12 103
2. 2.20 (a) (b) (c) 104
2016/2017 2. 2.21 (a) 5% 1,500 (b) (c) 105
2. 2.21 (c) (d) 2.22 2.23 106
2016/2017 2. 2.23 (a) (b) (c) (d) 2.24 2.25 2.26 107
3. 3.1 (a) 5.0% 496,836,000 616,595,000 11,748,000 166,000 (b) 12 25 35,060,000 39,724,000 108
2016/2017 3. 3.1 (c) Aa1 20,152 Aa3 466 161,197 A1 1,654,342 5,668,053 A2 2,724,082 2,763,326 A3 56,417 90,296 Baa1 461,478 1,231,915 Baa2 213,095 150,836 Baa3 520,161 876,170 1,241,963 6,506,211 11,327,738 Moody s 109
3. 3.1 (d) 16 13 12,895,025 9,894,796 7,182,524 256,369 3,264,296 37,592 12,831,405 8,250,041 13,182,450 4,889,697 39,504 110
2016/2017 3. 3.2 16 28,949,122 32,845,276 (6,507,589) (11,330,112) 22,441,533 21,515,164 30,084,789 26,420,861 74.6% 81.4% 111
3. 3.3 16(e) 4. (a) 5% 541,233,000 469,989,000 489,687,000 425,228,000 112
2016/2017 4. (b) 5. 37,418,009,000 29,859,611,000 1,736,799,000 2,233,159,00019 46,674,513,000 46,238,133,000 1,633,141,000 502,987,000 113
6. 8,066,943 44,611,326 833,514 827,026 1,166,005 55,504,814 (2,146,532) (7,554,651) (426,170) (366,600) (10,493,953) 5,920,411 37,056,675 407,344 460,426 1,166,005 45,010,861 5,920,411 37,056,675 407,344 460,426 1,166,005 45,010,861 107,762 29,640 80,567 1,596,029 1,813,998 339,404 907,236 59,049 (1,305,689) 27 (5,863) (33,548) (3,776) (2,960) (46,147) 21 (b) (343,702) (1,419,994) (83,572) (76,621) (1,923,889) 1,205 2,017 11 51 2,714 5,998 5,911,455 36,620,148 408,696 461,463 1,459,059 44,860,821 8,386,437 45,549,942 909,541 852,054 1,459,059 57,157,033 (2,474,982) (8,929,794) (500,845) (390,591) (12,296,212) 5,911,455 36,620,148 408,696 461,463 1,459,059 44,860,821 5,911,455 36,620,148 408,696 461,463 1,459,059 44,860,821 23,115 56,792 48,557 3,640,339 3,768,803 145,230 913,820 78,559 (1,137,609) 27 (11,999) (160,079) (1,470) (7,033) (180,581) 21 (b) (354,396) (1,491,000) (104,816) (69,682) (2,019,894) 60 (185) (4) (38) (13,838) (14,005) 5,690,350 35,905,819 437,757 433,267 3,947,951 46,415,144 8,488,934 46,189,238 1,034,496 839,377 3,947,951 60,499,996 (2,798,584) (10,283,419) (596,739) (406,110) (14,084,852) 5,690,350 35,905,819 437,757 433,267 3,947,951 46,415,144 114
2016/2017 6. (a) 1,074,532,000 1,106,747,000 16 (b) 1,690,234 1,668,062 259,754 186,147 66,370 65,940 3,536 3,740 2,019,894 1,923,889 115
7. 1,769,277 (296,878) 1,472,399 1,472,399 83,989 21 (36,045) 1,422 1,521,765 1,853,266 (331,501) 1,521,765 1,521,765 40,730 (156) 21 (41,657) 110 1,520,792 1,893,756 (372,964) 1,520,792 3050 41,657,000 36,045,000 52,502,000 58,582,000 116
2016/2017 8. (b) (c) 221,830 56,566 4,524 30,709 11,016 33,728 358,373 (75,136) (3,962) (21,497) (5,883) (367) (106,845) 146,694 56,566 562 9,212 5,133 33,361 251,528 146,694 56,566 562 9,212 5,133 33,361 251,528 21 (a) (562) (3,071) (1,319) (1,301) (6,253) 146,694 56,566 6,141 3,814 32,060 245,275 221,830 56,566 4,524 30,709 11,016 33,728 358,373 (75,136) (4,524) (24,568) (7,202) (1,668) (113,098) 146,694 56,566 6,141 3,814 32,060 245,275 146,694 56,566 6,141 3,814 32,060 245,275 8,890 8,890 21 (a) (3,071) (4,708) (722) (8,501) (15,000) (15,000) 146,694 41,566 3,070 7,996 31,338 230,664 221,830 56,566 4,524 30,709 19,906 33,728 367,263 (75,136) (15,000) (4,524) (27,639) (11,910) (2,390) (136,599) 146,694 41,566 3,070 7,996 31,338 230,664 (a) 7,779,000722,000 4,952,0001,301,000 117
8. (b) (i) 17% 17% (ii) 1% 1% (iii) 14% 14% (i) (ii) (iii) 5% 0%5% 118
2016/2017 8. (c) (i) 2% 2% (ii) 2% 2% (iii) 13% 12% (i) (ii) (iii) 15,000,000 5% 5% 119
9. Nine Dragons Paper (BVI) Group Limited 10,000 100% NDP (BVI) 1 100% 2 3,217,491,293 100% 1 (a) 833,181,000 99.9% 1 (a) 450,720,000 99.5% 1 (a) 461,540,080 99.9% 1 (a) 596,195,500 99.9% 2 188,466,600 100% 2 (a) 462,210,000 100% 2 202,055,000 100% 1 (a) 68,995,000 99.99% (a) 100,000,000 67% 1 2 (a) 120
2016/2017 10. 25,113 39,127 64,240 44,976 (2,546) 42,430 (40,708) (40,708) (203) (203) 29,381 36,378 65,759 29,381 36,378 65,759 117,908 (1,738) 116,170 (62,163) (62,163) (17) (17) 85,126 34,623 119,749 (a) 30 (b) 157,211 59,967 117,908 44,976 117,908 44,976 121
10. (c) 50 (d) (1,738) (2,546) (1,738) (2,546) (17) (203) (1,755) (2,749) 11. 2,849,572 2,592,540 1,829,542 1,012,980 4,679,114 3,605,520 31,178,547,000 26,231,444,000 122
2016/2017 12. 3,027,667 1,994,747 29(d) 47,295 30,499 3,074,962 2,025,246 2,230,220 2,542,278 29(d) 94,066 30,151 2,324,286 2,572,429 5,399,248 4,597,675 431,413 412,422 332,995 207,899 29(d) 43,138 44,656 376,133 252,555 434,437 337,172 (21,305) (47,500) 1,220,678 954,649 (a) 123
12. (b) 30 60 0 30 2,730,132 1,669,939 31 60 335,500 338,020 61 90 8,129 14,244 90 1,201 3,043 3,074,962 2,025,246 (c) (i) 3,067,402 1,985,168 (ii) 7,560 40,078 3,074,962 2,025,246 (i) 124
2016/2017 12. (c) (ii) 0 30 13,063 31 60 6,359 22,169 61 90 3,216 90 1,201 1,630 7,560 40,078 (d) 90 180 90 180 (e) 5,587,000 4,641,084 126,084 155,479 62,297 53,667 5,775,381 4,850,230 (f) (g) (h) 69,988,000 (i) 125
13. 1,378 2,374 (c) 6,471,378 11,000,096 6,472,756 11,002,470 5,448,776 9,315,943 733,111 803,665 127,931 490,791 131,966 366,583 30,972 25,488 6,472,756 11,002,470 (a) (b) (c) 6,471,378,000 11,000,096,000 0.66%0.58% 14. 4,666,220,811 466,622 478,272 8,730,315 9,208,587 4,666,220,811 466,622 478,272 8,730,315 9,208,587 8,000,000 800 705 34,687 35,392 4,674,220,811 467,422 478,977 8,765,002 9,243,979 126
2016/2017 15. (a) (b) (c) 660,542 220,751 18,968 407,833 (67,735) 1,240,359 21,130 21,130 10,705 10,705 30,377 30,377 20,538 20,538 660,542 231,456 40,098 438,210 (47,197) 1,323,109 (a) (b) (c) 660,542 231,456 40,098 438,210 (47,197) 1,323,109 7,507 7,507 (850) (850) 726,990 726,990 (6,238) (6,238) (513,583) (513,583) 2,301 2,301 146,959 230,606 41,367 1,165,200 (44,896) 1,539,236 (a) (b) 0.5 0.5 127
15. (b) 4.134 5.19 8,000,000 (8,000,000) 18,000,000 18,000,000 26,000,000 (8,000,000) 18,000,000 8,000,0007.29 18,000,000 8,000,000 0.637% 2.700% 42% 7,800,000 0.745% 1.800% 46% 26,606,000 (c) 10%50% 128
2016/2017 16. 16,832,996 20,453,784 398,600 16,832,996 20,852,384 9,843,130 10,674,355 1,873,196 1,318,537 399,800 12,116,126 11,992,892 28,949,122 32,845,276 (a) 6 244,024,000 426,018,000 23,983,279,000 28,914,145,000 79,633,000 359,433,000 (b) 6 17,570,106 23,711,227 6 12 5,209,735 4,039,065 6,169,281 5,094,984 28,949,122 32,845,276 129
16. (c) 11,716,326 399,800 12,116,126 9,530,511 9,530,511 7,054,034 7,054,034 248,451 248,451 28,549,322 399,800 28,949,122 11,992,892 11,992,892 7,340,269 398,600 7,738,869 13,113,515 13,113,515 32,446,676 398,600 32,845,276 (d) 4.03% 3.94% 1.60% 4.10% 2.17% 1.22% 7.56% 4.28% 3.27% 1.54% 4.12% 1.76% 1.21% 7.56% 130
2016/2017 16. (e) (f) 18,406,556 19,300,874 5,853,473 10,881,695 4,023,093 2,662,707 493,761 172,239 28,949,122 32,845,276 (g) 30,508,535 29,333,822 2,159,847 2,134,539 32,668,382 31,468,361 131
17. 12 (2,425) (15,884) 12 10,301 8,186 12 2,422,871 2,168,150 2,433,172 2,176,336 2,430,747 2,160,452 2,160,452 1,905,561 24 270,283 254,741 12 150 2,430,747 2,160,452 132
2016/2017 17. 2,014,994 263,035 150 2,278,179 2,278,179 225,875 12 2,504,066 (78,576) (30,857) (109,433) 9,563 (17,857) (8,294) (69,013) (48,714) (117,727) (69,013) (48,714) (117,727) 53,369 (8,961) 44,408 (15,644) (57,675) (73,319) 795,661,000631,543,000 133
18. 1,155,946 856,920 29(d) 282,451 173,309 1,438,397 1,030,229 852,798 2,837,735 29(d) 230,000 852,798 3,067,735 2,291,195 4,097,964 337,036 365,928 1,391,565 870,492 29(d) 3,178 1,391,565 873,670 114,077 75,631 1,842,678 1,315,229 (a) (b) 0 90 1,404,215 1,010,871 91 180 17,693 7,070 181 365 11,475 7,001 365 5,014 5,287 1,438,397 1,030,229 134
2016/2017 18. (c) (d) 90 180 19. 36,722,348 30,006,173 2,181,592 1,851,945 250,868 234,652 39,154,808 32,092,770 20. (a) 631,954 423,977 152,460 129,297 75,459 72,437 30,024 98,053 (51,696) (35,695) (16,511) (87,146) (150,481) (26,375) 10,465 16,406 681,674 590,954 (a) 50% 135
21. 6 2,019,894 1,923,889 (3,536) (3,740) 2,016,358 1,920,149 8 7,779 4,952 22 1,610,104 1,347,452 28,585,959 23,251,542 (816,562) (19,074) 796,499 586,854 149,327 178,985 7 41,657 36,045 3,158 2,476 8,100 8,100 51,104 73,198 705,280 624,381 33,158,763 28,015,060 22. 1,369,781 1,102,270 232,816 224,052 15 7,507 21,130 1,610,104 1,347,452 136
2016/2017 22. (a) 81,507 81,203 (b) 4,600 1,840 1,877 8,317 (i) 4,370 1,610 1,877 7,857 4,140 1,610 1,877 7,627 877 4,079 470 16 5,442 1,558 888 1,876 16 4,338 463 127 590 (iii) 463 95 558 463 127 590 16,934 5,060 4,967 819 7,507 32 35,319 137
22. (b) 4,600 1,840 3,723 10,163 (i) 4,370 1,610 3,723 9,703 4,141 1,610 3,723 9,474 831 3,152 15 3,998 1,147 344 940 3,723 15 6,169 439 102 541 (ii) 295 133 428 (iii) 146 146 439 102 541 16,408 5,404 4,092 337 14,892 30 41,163 (i) (ii) (iii) (c) 138
2016/2017 23. 106,689 138,740 (968,111) (986,079) (109,854) (212,149) 56,398 18,622 (1,021,567) (1,179,606) (45,494) (127,940) 1,106 (102,764) (1,065,955) (1,410,310) 3.78%3.66% 24. (a) (b) 755,081 263,313 (c) 755,081 263,313 17 270,283 254,741 1,025,364 518,054 (a) 25% 15%15% 139
24. (b) 10% 10%5% 5%5% (c) (d) 5,434,998 1,667,433 1,431,910 455,201 (511,008) (162,739) 13,731 14,590 104,269 230,229 (9,343) (18,672) (4,195) (555) 1,025,364 518,054 26.3%27.3% 140
2016/2017 25. 4,383,668 1,121,742 4,669,721 4,666,221 0.9387 0.2404 4,383,668 1,121,742 4,669,721 4,666,221 7,699 1,185 4,677,420 4,667,406 0.9372 0.2403 141
26. 5.0 2.0(a) 233,711 93,324 25.0 8.0(b) 1,168,555 373,515 3.0(b) 140,068 1,402,266 606,907 (a) 5.0 233,711,00093,324,000 (b) 25.0 8.0 373,515,000 3.0 140,068,000 142
2016/2017 27. (a) 4,409,634 1,149,379 24 1,025,364 518,054 6 2,019,894 1,923,889 7 8 49,436 40,997 8 15,000 22 7,507 21,130 20 150,481 26,375 (397) 10 (116,170) (42,430) 23 (106,689) (138,740) 23 1,065,955 1,410,310 282,588 1,434,494 117,037 337,597 8,919,640 6,681,055 (1,073,594) (52,275) (1,094,270) 1,141,850 (1,502,881) 299,602 5,248,895 8,070,232 (b) 6 180,581 46,147 20 (150,481) (26,375) (7,904) (4,524) 22,196 15,248 143
28. (a) 3,778,224 1,871,060 516,731 85,022 4,294,955 1,956,082 (b) 7,023 3,560 2,055 5,102 15,409 15,965 24,487 24,627 144
2016/2017 29. (a) 60% (b) 318,689 217,542 182,837 132,210 501,526 349,752 9,640,771 9,013,493 7,352,362 4,772,816 17,868 18,344 17,011,001 13,804,653 145
29. (c) 22 28,786 31,323 3,899 28,786 35,222 (d) 84,879 19,068 56,513 41,582 37,537 44,656 5,570 184,499 105,306 281,232 119,734 1,219 283,575 3,178 282,451 406,487 (e) 37,592,000 39,504,000 146
2016/2017 30. Best Result Holdings Limited 31. 84 97 10,978,572 2,450,263 10,978,656 2,450,360 1,326 1,451 3,095,728 10,627,274 46,814 507,523 3,143,868 11,136,248 14,122,524 13,586,608 478,977 478,272 8,765,002 8,730,315 (a) 1,602,484 2,114,798 (b) 62,388 1,757 10,908,851 11,325,142 2,509,600 1,657,800 245,764 107,416 458,309 496,250 704,073 603,666 3,213,673 2,261,466 14,122,524 13,586,608 147
31. (a) 2,074,700 18,968 2,093,668 21,130 21,130 2,074,700 40,098 2,114,798 2,074,700 40,098 2,114,798 (513,583) (513,583) 7,507 7,507 (6,238) (6,238) 1,561,117 41,367 1,602,484 (b) 303,573 24,819 (326,635) 1,757 1,757 294,342 (233,711) 62,388 148
2016/2017 3,300 # # www.hkexnews.hkwww.ndpaper.com 149
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