澳能建設控股有限公司 MECOM Power and Construction Limited ( 於開曼群島註冊成立的有限公司 ) 股份代號 : 1183 年報 2017

2 4 6 19 22 25 35 51 56 57 58 59 60 100

澳能建設控股有限公司 2017 2 Cricket Square Hutchins Drive PO Box 2681 Grand Cayman, KY1-1111 Cayman Islands 258 6 Q.R.S (Units Q, R and S, 6/F Praça Kin Heng Long-Heng Hoi Kuok Kin Fu Kuok No.258 Alameda Dr. Carlos D Assumpção Macau) 181 19 1909-13 183 22 Conyers Trust Company (Cayman) Limited Cricket Square Hutchins Drive PO Box 2681 Grand Cayman KY1-1111 Cayman Islands 88 35

3 澳能建設控股有限公司 2017 8 39 MdME Lawyers Private Notary 409 2123 A-B (Avenida da Praia Grande 409 China Law Building 21/F and 23/F A-B Macau) 555 13 1308 (Avenida da Amizade, n o 555 Landmark, 13 o andar Sala No. 1308 Macau) Conyers Dill & Pearman Cricket Square Hutchins Drive PO Box 2681 Grand Cayman Cayman Islands 1183 www.mecommacau.com

澳能建設控股有限公司 2017 4 2017 12 31 ** 2017 658.7 2018 2 13

5 澳能建設控股有限公司 2017 2016 350 20 30 8 15,000 2018 3 29 * 2016

澳能建設控股有限公司 2017 6

7 澳能建設控股有限公司 2017

澳能建設控股有限公司 2017 8

9 澳能建設控股有限公司 2017

澳能建設控股有限公司 2017 10

11 澳能建設控股有限公司 2017 2017 658.7 20172018 2 13 8 2017 12 31 49 110/11 2017 658.7 2016 12 31464.9 41.7% 2017127.3 201697.2 30.9% 19.3% 2016 20.9% 78.2 2016 68.0 15.0% 13.62017 91.835.0%11.9% 13.9% 201614.6%

澳能建設控股有限公司 2017 12 507.1117.0% 77.0% 91.4 201651.0%13.9% 2016 2017 7 60.2 35.2% 2017 9.1% 2018

13 澳能建設控股有限公司 2017 350 20 30 B 47 8 2018 2 1 15,000

澳能建設控股有限公司 2017 14 2018 2 13 261.6 (i) (ii) (iii) (iv) (v) 2016464.9 193.841.7% 2017658.7 (i) 2016233.7 273.4 117.0% 2017507.1 2016 411 (i) (ii) 2017279.8 (ii) 2016186.7 95.3 51.0% 2017 91.4 2016 (iii) 201644.5 15.7 35.2% 2017 60.22017

15 澳能建設控股有限公司 2017 2016367.6 163.8 44.6% 2017531.4 2016151.5 195.8 129.2% 2017347.3 2016136.2 70.9 52.1% 201765.3 201697.2 30.9% 2017127.3 201626.0% 201721.9% 2016 201612.9% 20178.8% 201627.8% 201713.5%2016 201620.9% 201719.3% 2017 0.5 2017 201614.6 88.2% 201727.5 2017 4.9

澳能建設控股有限公司 2017 16 13.62017 201614.9 43.2% 20178.55.0 201668.0 15.0% 201778.2 (i) (ii) 201713.6 24

17 澳能建設控股有限公司 2017 19 21 = 19.3% 201620.9%) = 38.7% 201641.2%) = 63.8 201679.5 = 165.9 2016107.4 12 31 2017 2016 417,395 291,315 231,093 142,259 1.8 2.0 2017 12 31 186.32016149.1 2017 12 31 1.8 20162.0 2017 12 31 165.92016107.42017 12 31 309.72016173.6 2017 12 312016 2016

澳能建設控股有限公司 2017 18 2017 12 31 2017 12 31 2017 12 31 2017 12 3141.1 201626.5 2017 12 31 2017 12 31328,0002016 252,000 2017 12 3120163,966,000 2017 12 31541 2018 1 23 2018 3 29

19 澳能建設控股有限公司 2017 2017 1 112 31 A. A1: A2: A3: B. B1: B2: B3: B4: B5: B6. B7. B8. A. A1: 46 2/91/M 8/2014

澳能建設控股有限公司 2017 20 A. A2: LED CLP20%22,382102 4.85 A3. B. B1: 4/98/M 7/2008 21/2009 B2: & B3: 34/93M 44/91M 57/82M

21 澳能建設控股有限公司 2017 B. B4: 7/2008 21/2009 B5: B6: B7: B8:

澳能建設控股有限公司 2017 22 55 2017 52017 7 6 35 2000 12 51 2017 52017 7 6 29 1988 81989 12 1989 121994 9 Decol Ltd. 1994 102006 11 1988 7 2002 8 1991 5

23 澳能建設控股有限公司 2017 53 2018 1 23 Richemont Luxury (Singapore) Pte Ltd. (Richemont Luxury Group)20 20 (Richemont Luxury Group)Marsh & McLennan Limited 1992 10 42 2018 1 23 20 (University of London)Royal Holloway Bedford New College 78 2018 1 23 402001 72002 9 Sonic Healthcare Asia Limited 2005

澳能建設控股有限公司 2017 24 44202007 44 242007 36 14 2017 2008 1 36

25 澳能建設控股有限公司 2017 2017 12 31 D.3.1(a) (b) (c) (d) (e)

澳能建設控股有限公司 2017 26 2018 2 13 A.4.1 2018 2 13 3.10(1)(2) 3.10A 3.13

27 澳能建設控股有限公司 2017

澳能建設控股有限公司 2017 28 A.1.1 4/4 4/4 2/4 2/4 2/4

29 澳能建設控股有限公司 2017 2018 1 23 2018 1 23 3.21 C.3 2018 3 29 1/1 1/1 1/1 2018 1 23 3.25 B.1 (i) (ii)(iii) (iv)

澳能建設控股有限公司 2017 30 B.1.52017 12 31 1,000,000 1 1,000,0002,000,000 2 2018 3 29 1/1 1/1 1/1 2018 1 23 A.5 2018 3 29 1/1 1/1 1/1

31 澳能建設控股有限公司 2017 B.13 1.1 4.1 1.7 6.9

澳能建設控股有限公司 2017 32 (a)(b) (c) (d)(e)(f)

33 澳能建設控股有限公司 2017 58 21

澳能建設控股有限公司 2017 34 258 6 Q.R.S Units Q, R and S, 6/F, Praça Kin Heng Long-Heng Hoi Kuok, Kin Fu Kuok, No. 258 Alameda Dr. Carlos D Assumpção, Macau 853-2823 8112 info@mecommacau.com www.mecommacau.com 2018 1 23

35 澳能建設控股有限公司 2017 2017 12 31 2017 5 8 1 2018 2 13 25 5 2017 12 31 56 2017 12 312018 6 11 6.7 2018 7 6 2017 12 31 2017 12 31 4 5 6 18

澳能建設控股有限公司 2017 36 2018 6 6 2018 6 1 2018 6 6 2018 5 31 183 22 2017 12 31 2018 6 12 2018 6 14 2018 6 7 2018 6 11 183 22 100 13 20 2017 12 31 58 21

37 澳能建設控股有限公司 2017 90.1% 60.1% 35.1% 16.6% (i)51.22% 53.19% (ii)0.34% King Dragon Ventures Limited King Dragon 100%King Dragon 20.0% 5% 2017 5 8 2017 5 8 2018 1 23 2018 1 23 2018 1 23 84 22 24

澳能建設控股有限公司 2017 38 3.13 2018 2 13 2017 12 31 24 24

39 澳能建設控股有限公司 2017 2017 12 312017 12 31 571 XV7 8 352 2018 3 29XV 352 (i) (1) 2 600,960,000 (L) 50.08% 2 600,960,000 (L) 50.08% (1) L (2) MECOM Holding Limited35% 35% 15% 15% (ii) MECOM Holding Limited 100 100% MECOM Holding Limited 100 100% MECOM Holding Limited35% 35% 15% 15% XV 352

澳能建設控股有限公司 2017 40 2017 12 312017 12 31XV2 3 336 2018 3 29 336 (1) 2 600,960,000 (L) 50.08% 2 600,960,000 (L) 50.08% MECOM Holding Limited 600,960,000 (L) 50.08% 3 240,000,000 (L) 20.00% King Dragon 240,000,000 (L) 20.00% (1) L (2) MECOM Holding Limited35% 35% 15% 15% (3) King DragonKing Dragon XV2 3 336

41 澳能建設控股有限公司 2017 2018 1 23 (i) (ii) (i) (ii) (iii) 10%120,000,000 10%10% 30%30% 2018 3 29 120,000,000 10%

澳能建設控股有限公司 2017 42 12 1% 1% 10 10 10 10 1.00 (i) (ii) (iii)

43 澳能建設控股有限公司 2017 MECOM Holding Limited 2018 1 23 (1) (i) 2017 6 1 258 6 Q.R.S Units Q, R and S, 6/F, Praça Kin Heng Long-Heng Hoi Kuok, Kin Fu Kuok, No.258 Alameda Dr. Carlos D Assumpção, Macau 219.3 2017 6 1 2019 12 31 55,000 90 2019 12 31 660,000660,000 610,000

澳能建設控股有限公司 2017 44 (1) (ii) 2017 7 1 611 J (Unit J, 1/F, Edf. Industrial Cidade Nova, No. 61 Travessa dos Currais, Macau) 110.12017 5 1 2019 12 31 16,000 90 2019 12 31 192,000 192,000198,000198,000 198,000 5.0% 3A

45 澳能建設控股有限公司 2017 (2) 2018 1 23 2018 1 1 2020 12 31 201820192020 12 31 2.02.02.0(a) (b) 0.2 A 5%3 A

澳能建設控股有限公司 2017 46 (3) Altira Resorts Limited COD Resorts Limited 201820192020 12 31 50.248.225.5 (a)(b) (c) (d)(e) 21.0 60%(i)51.22% 53.19% (ii)0.34% A 5% A

47 澳能建設控股有限公司 2017 (4) COD Resorts Limited 2018 12 31128.4 (a)(b) (c) (d) (e)(f) 266.1 60% (i)51.22% 53.19% (ii)0.34% A 5% A

澳能建設控股有限公司 2017 48 14.07 5% 14A.55 (a) (b)(c) 14A.56 (a) (b) (c) 14A.57

49 澳能建設控股有限公司 2017 2017 12 31 24 2018 2 13 25 34 9

澳能建設控股有限公司 2017 50 2018 2 13 2017 12 31 2017 12 31 2018 3 29

51 澳能建設控股有限公司 2017 56 992017 12 31 ) 2017 12 31

澳能建設控股有限公司 2017 52 2017 12 31 6,070,0008,478,000 2017 12 31 598,543,000479,333,000 4

53 澳能建設控股有限公司 2017

澳能建設控股有限公司 2017 54

55 澳能建設控股有限公司 2017 2018 3 29

澳能建設控股有限公司 2017 56 2017 12 31 2017 2016 5 658,746 464,882 (531,436) (367,647) 127,310 97,235 6 465 279 7 (23) (27,467) (14,596) (13,617) 86,668 82,918 11 (8,474) (14,917) 8 78,194 68,001 12 8.15 7.08

57 澳能建設控股有限公司 2017 2017 12 31 2017 2016 13 15,630 7,599 8,283 15,630 15,882 14 6,070 10,165 15 98,610 97,428 16 105,679 23,438 17 46 26,460 18 41,108 26,457 18 165,882 107,367 417,395 291,315 14 8,478 7,601 16 2,739 9,142 17 5,021 19 178,779 81,408 36,076 44,108 231,093 142,259 186,302 149,056 201,932 164,938 20 * 90 201,932 164,848 201,932 164,938 * 1,000 56 992018 3 29

澳能建設控股有限公司 2017 58 2017 12 31 a b 2016 1 1 90 45 158,602 158,737 68,001 68,001 10 (61,800) (61,800) 2016 12 31 90 45 164,803 164,938 78,194 78,194 20 * * 1 20 (90) 147,204 (147,114) * 10 (41,200) (41,200) 2017 12 31 * 147,204 45 (147,114) 201,797 201,932 : (a) 25% 50% (b) 2017 12 31 2017 5 31 MECOM EHY Limited MECOM EHY MECOM Sun Hung Yip Limited MECOM Sun Hung Yip * 1,000

59 澳能建設控股有限公司 2017 2017 12 31 2017 2016 86,668 82,918 4,881 2,412 (465) (107) 91,084 85,223 1,510 45,328 (105,147) 4,095 3,139 97,063 (56,497) 877 7,601 (9,142) (2,611) 80,340 82,183 (16,506) (2,700) 63,834 79,483 (4,629) (1,122) (11,591) (21,990) 34,497 21,418 26,414 1,802 (27,843) (28,887) (12,452) 14,236 1,359 (8,283) 465 107 30,505 (47,004) 5,021 540 (2,593) 2,739 (2,384) (41,200) (61,800) (35,824) (63,853) 58,515 (31,374) 107,367 138,741 165,882 107,367

澳能建設控股有限公司 2017 60 2017 12 31 1. 2017 5 8 22 19613 Cricket Square, Hutchins Drive, PO Box 2681, Grand Cayman, KY1-1111, Cayman Islands 258 6 Q.R.S Units Q, R and S, 6/F, Praca Kin Heng Long-Heng Hoi Kuok, Kin Fu Kuok, No. 258 Alameda Dr. Carlos D Assumpcao, Macau 2017 5 31 (i) MECOM Holding Limited MECOM Holding 2017 4 28 MECOM Holding 50,000 1.00 353515 15 (ii) 2017 5 8 380,000 38,000,000 0.01 MECOM Holding1,000 (iii) MECOM EHY MECOM Hung Yip Limited MECOM Hung Yip MECOM Sun Hung Yip2017 5 10 MECOM EHY MECOM Hung Yip MECOM Sun Hung Yip 10,000 1.00 (iv) 2017 5 31MECOM EHY35%15% 35%15% 50% 57,404,93257,404,9322017 4 30 MECOM Holding500 MECOM EHY

61 澳能建設控股有限公司 2017 2017 12 31 1. (v) 2017 5 31MECOM Sun Hung Yip 35% 35% 15% 15% 32,393,7442017 4 30 MECOM Holding 500MECOM Sun Hung Yip (vi) 2017 6 2MECOM Holding King Dragon Ventures Limited King Dragon One Wesco Inc. One Wesco MECOM Holding (a) King Dragon588 10,800,000(b) One Wesco160 2,938,776 2. 2017 1 1 9 1 15 1 16 2 17 4 22 1 23 2 2 1 4 9 4 1 9 2 10 28 3 19 2 28 2 40 1 28 20142016 1 20152017 2 1 2018 1 1 2 2019 1 1 3 4 2021 1 1

澳能建設控股有限公司 2017 62 2017 12 31 2. 9 9 9 9 9 939 9 99 2018 1 1 39 2018 1 1

63 澳能建設控股有限公司 2017 2017 12 31 2. 15 15 1518 11 15 15 15 15 2016 15 15 15 15 15

澳能建設控股有限公司 2017 64 2017 12 31 2. 16 16 1617 16 16 1617 16 2017 12 31328,000 22 16

65 澳能建設控股有限公司 2017 2017 12 31 3. 2 17 2 36

澳能建設控股有限公司 2017 66 2017 12 31 3.

67 澳能建設控股有限公司 2017 2017 12 31 3.

澳能建設控股有限公司 2017 68 2017 12 31 3.

69 澳能建設控股有限公司 2017 2017 12 31 3.

澳能建設控股有限公司 2017 70 2017 12 31 3.

71 澳能建設控股有限公司 2017 2017 12 31 3.

澳能建設控股有限公司 2017 72 2017 12 31 3. (i) 37 (ii)

73 澳能建設控股有限公司 2017 2017 12 31 3.

澳能建設控股有限公司 2017 74 2017 12 31 4. 3 2017 12 3191,018,000201691,795,000 15

75 澳能建設控股有限公司 2017 2017 12 31 5. 3 2017 2016 507,138 233,694 91,405 186,666 60,203 44,522 658,746 464,882 10% 2017 2016 A 395,756 * B 71,213 * C 66,713 * D * 163,843 E * 123,897 * 10%

澳能建設控股有限公司 2017 76 2017 12 31 6. 2017 2016 465 107 172 465 279 7. 2017 2016 23 8. 2017 2016 479,333 335,507 52,103 32,140 531,436 367,647 9 4,900 109,970 56,805 1,226 1,149 116,096 57,954 (98,387) (53,651) 17,709 4,303 1,133 4,881 2,412 142 180 1,969 1,331 6,018 8,133 2016 12 31A

77 澳能建設控股有限公司 2017 2017 12 31 9. 2016 12 31 2017 5 8 2017 5 82016 12 31 2017 12 31 2,100 350 2,450 2,100 350 2,450 4,200 700 4,900 2016 12 31

澳能建設控股有限公司 2017 78 2017 12 31 9. 2016 2016 2017 2016 5,261 4,778 3,602 6,490 6 5 8,869 11,273 2017 2016 1,000,000 2 2,000,001 2,500,000 1 1 2,500,001 3,000,000 1 3,500,001 4,000,000 1 2 20172016 12 31 20172016 12 31 10. 2017 12 31 41,200,0002016 61,800,000 2017 12 31 6.7 2016 80,400,000 2016

79 澳能建設控股有限公司 2017 2017 12 31 11. 2017 2016 13,483 14,917 (5,009) 8,474 14,917 600,00012% 2017 2016 86,668 82,918 12% 201612% 10,400 9,950 3,227 5,111 (5,009) (144) (144) 8,474 14,917 12. 2017 2016 78,194 68,001 960,000 960,000 2016 1 1

澳能建設控股有限公司 2017 80 2017 12 31 13. 2016 1 1 2,262 9,490 86 119 11,957 1,053 19 50 1,122 2016 12 31 2,262 10,543 105 169 13,079 1,326 11,330 104 152 12,912 2017 12 31 3,588 21,873 209 321 25,991 2016 1 1 526 2,481 29 32 3,068 415 1,950 18 29 2,412 2016 12 31 941 4,431 47 61 5,480 438 4,375 25 43 4,881 2017 12 31 1,379 8,806 72 104 10,361 2016 12 31 1,321 6,112 58 108 7,599 2017 12 31 2,209 13,067 137 217 15,630 20% 20% 20% 20%

81 澳能建設控股有限公司 2017 2017 12 31 14. 2017 2016 511,666 565,018 (514,074) (562,454) (2,408) 2,564 6,070 10,165 (8,478) (7,601) (2,408) 2,564 15. 2017 2016 76,396 73,513 14,622 18,282 1,028 859 2,188 1,871 2,692 1,684 2,903 98,610 97,428 2017 12 31 2016 0 90 2017 2016 0 90 62,155 52,439 91 365 13,450 18,575 1 2 696 2,499 2 95 76,396 73,513

澳能建設控股有限公司 2017 82 2017 12 31 15. 31,399,000 201626,906,000 2017 2016 0 90 20,545 17,772 91 365 10,553 6,635 1 2 206 2,499 2 95 31,399 26,906 12 2017 2016 9,982 16,169 4,640 2,113 14,622 18,282 3,818,00020166,637,000

83 澳能建設控股有限公司 2017 2017 12 31 16. 12 31 2017 2016 2017 2016 a 21,538 21,683 27,215 a 532 1,830 13,171 15,495 b 70 70 70 b 2,076 a 105 532 23,438 c 85,872 19,275 105,147 105,679 23,438 45 2017 2016 90 84,219 91 365 1,653 85,872 2017 12 31 5,397,0002016 2017 2016 0 90 5,233 91 365 164 5,397

澳能建設控股有限公司 2017 84 2017 12 31 16. 2017 2016 896 18,379 19,275 1 2017 12 31502,000 2016 2017 2016 a 405 a 2,334 2,739 a 1,952 b 2,609 b 4,581 9,142 2,739 9,142

85 澳能建設控股有限公司 2017 2017 12 31 16. 0 90 2017 2016 90 91 365 8,426 716 9,142 (a) (b) 2017 7 2017 7 (c) 2017 62017 6 King Dragon 29.4%

澳能建設控股有限公司 2017 86 2017 12 31 17. 12 31 2017 2016 2017 2016 38 38 38 38 13,923 13,923 18,914 12,491 12,491 15,458 8 8 8 8 46 26,460 1,938 3,083 5,021 18. 2017 2016 41,108 26,457 165,882 107,367 2017 12 31 0.2% 1.3% 20160.84% 0.9% 2017 12 310.01% 20160.01%

87 澳能建設控股有限公司 2017 2017 12 31 18. 2017 2016 159,286 113,993 19. 2017 2016 79,572 39,780 1,240 2,423 97,285 13,795 682 25,410 178,779 81,408 0-90 2017 2016 0 90 73,279 36,540 91 365 5,133 3,080 1 2 1,160 160 79,572 39,780 12 2017 2016 1,240 2,423

澳能建設控股有限公司 2017 88 2017 12 31 20. 2016 12 31 40,00050,000 2017 12 3120.6 0.01 2017 5 8 2017 12 31 38,000,000 391,400 2017 5 8 1,000 10.3 2017 5 31 1,000 10.3 2017 12 31 2,000 20.6

89 澳能建設控股有限公司 2017 2017 12 31 21. 2017 147,204 2,692 4 2,696 3,647 15,008 18,655 (15,959) 131,245 * 131,245 131,245 * 1,000

澳能建設控股有限公司 2017 90 2017 12 31 21. 2017 5 8 (15,959) (15,959) 1 147,204 147,204 2017 12 31 147,204 (15,959) 131,245 22. 2017 2016 328 252 2017 2016 214 66 23. 2017 2016 3,966

91 澳能建設控股有限公司 2017 2017 12 31 24. 2017 2016 610 540 198 198 206 1,952 3,400 6,800 1,179 1,597 14,360 5,183 1,859 12,810 502 2,583 261 27 a Kappa Electrical & Mechanical 4,620 45 Engineering Co., Ltd b 264 5,177 b 287,136 148 a (a) (b) 2017 7 2017 7

澳能建設控股有限公司 2017 92 2017 12 31 24. 2017 12 31 6,872,0002016 11,0002016 25. 2017 12 31 147,204,000 2017 12 31 2017 12 31 2016 12 31 MECOM EHY 2017 5 10 1 100% MECOM Hung Yip 2017 5 10 1 100% MECOM Sun Hung Yip 2017 5 10 1 100% 2010 9 7 40,000 100% 100% 2008 3 12 50,000 100% 100%

93 澳能建設控股有限公司 2017 2017 12 31 26. 27. 27a. 2017 2016 406,445 279,279 185,857 65,140 27b.

澳能建設控股有限公司 2017 94 2017 12 31 27. 27b. 2017 2016 312,109 164,129 2017 2016 6,989 275 50,649 19,391

95 澳能建設控股有限公司 2017 2017 12 31 27. 27b. 28 160,506,000201648,789,000 82% 201653%

澳能建設控股有限公司 2017 96 2017 12 31 27. 27b. % 2017 12 31 178,097 178,097 178,097 2,739 2,739 2,739 5,021 5,021 5,021 185,857 185,857 185,857 % 2016 12 31 54,452 1,546 55,998 55,998 9,142 9,142 9,142 279,500 279,500 343,094 1,546 344,640 65,140

97 澳能建設控股有限公司 2017 2017 12 31 27. 27c. 28. 18 2017 2016 179,327 105,926 2017 12 31 489,000,000 (i)41.1(ii) 744,800,000 (iii) (iv) 2016 12 31 279,500,000 18595,133,000

澳能建設控股有限公司 2017 98 2017 12 31 29. 2017 1 1 2,739 5,021 (2,384) (41,200) (35,824) 2,692 2,692 41,200 41,200 2017 12 31 2,739 5,021 308 8,068 2016 1 1 2,053 2,053 (2,053) (61,800) (63,853) 61,800 61,800 2016 12 31

99 澳能建設控股有限公司 2017 2017 12 31 30. 2017 12 31 (i) 2018 1 23 a. 380,000 38,000,000 0.0150,000,000 5,000,000,000 0.01 b. 9,599,980 959,998,000 c. (ii) 2018 2 13 9,599,980 959,998,000 (iii) 2018 2 13 240,000,000 0.011.25

澳能建設控股有限公司 2017 100 12 31 2017 2016 2015 2014 658,746 464,882 543,424 446,244 86,668 82,918 113,139 84,275 (8,474) (14,917) (16,064) (11,322) 78,194 68,001 97,075 72,953 8.15 7.08 10.11 7.60 12 31 2017 2016 2015 2014 433,025 307,197 342,339 296,468 (231,093) (142,259) (183,602) (203,906) 201,932 164,938 158,737 92,562 201,932 164,938 158,737 92,562 201420152016 12 31 201420152016 12 31 2018 2 1