GOLDEN THROAT HOLDINGS GROUP COMPANY LIMITED 06896 2017

目錄 2 3 5 6 9 14 28 33 55 69 75 76 77 79 81 83 146

公司簡介 2017 12(OTC)2017 1956 2014 9 22015 7 15 2

公司資料 Cricket Square Hutchins Drive P.O. Box 2681 Grand Cayman KY1-1111 Cayman Islands 28 32 16 1-3 www.goldenthroat.com 06896 3

公司資料 ( 續 ) Conyers Trust Company (Cayman) Limited Cricket Square Hutchins Drive P.O. Box 2681 Grand Cayman KY1-1111 Cayman Islands 33 183 17 1712-1716 47 1 22 4

財務摘要 2016 12 31144.118.8%624.1 2016 12 31119.321.5%435.6 69.8% 2016 12 3182.943.8% 106.2 2016 12 3141.540.3% 61.4 2017 12 31 0.06 2018 6 7 5

主席報告 2017 12 312018 2017 12(OTC) 20172017 11 10 102017 1800 2018

20176.241 18.8%4.356 21.5% 2017 0.61440.3% (OTC) 2017 2018 (OTC) 2017 2018 (OTC) 57%

主席報告 ( 續 ) 2018 (OTC)(OTC) 2018 3 2018 2018 3 29 8

釋義 2015 6 24 2015 2 13 2219613 2014 9 2 9

釋義 ( 續 ) Jin Jiang Global Golden Throat International 2015 2 25 Jin Jiang Global 2016 2 15 1998 9 18 2012 4 23 Golden Throat International Golden Throat International Holdings Limited 2012 4 3 Jin Jiang Global 10

釋義 ( 續 ) 2016 3 31 (OTC) 2004 11 11 2006 12 21 11

釋義 ( 續 ) Jin Jiang Global Jin Jiang Global Investment Company Limited 2014 9 23 Sovereign Trust International Limited 600998 2015 2 13 OTC 2014 7 30 12

釋義 ( 續 ) 2015 6 30 2015 2 13 571 0.000025 2001 11 7 1969118 13

管理層討論及分析 本管理層討論及分析乃於2018年3月29日編製 其須與本集團截至2017年12月31日止年度的經 審核綜合財務報表及其附註一併閱讀 業務回顧 本集團乃中國領先的潤喉片製造商 於2017年12月 本集團的旗艦產品金嗓子喉片(OTC)獲中國 非處方藥物協會頒授2017年中成藥 咽喉類 第一名 2017年11月 金嗓子 品牌榮獲中美品牌 戰略論壇推舉為世界知名品牌及福布斯中國上市公司潛力企業榜 現今 本集團已發展為一家現 代綜合集團 主要從事生產及銷售潤喉片以及其他藥品及食品 主要產品 本集團按三種產品類別呈報其收益 包括金嗓子喉片(OTC) 金嗓子喉寶系列產品及其他產品 截至2017年12月31日止年度 本集團的收益與2016年同期相比下降18.8% 14

管理層討論及分析 ( 續 ) (OTC) 1994(OTC) (OTC) 2017 12 31(OTC) 2017 12 31(OTC)89.0% (OTC) 2013 2017 12 31 15

管理層討論及分析 ( 續 ) 2017 12 31 8.3% 2017 12 31 2.7% 199431 21 2017 12 31 280 16

管理層討論及分析 ( 續 ) 60.0 2017 12 31 2.1 20112012 2017 12 (OTC)2017 2017 11 (i)(ii) (iii) 2017 12 31 2017 12 31280 2018 17

管理層討論及分析 ( 續 ) 10 10 2016 2 16 2016 2 15 2016 1 1 2021 12 31 2017 12 3111 (i)(ii) 18

管理層討論及分析 ( 續 ) 2017 (i) (ii) 2018 19

管理層討論及分析 ( 續 ) 2013 2017 2018 (OTC) 2017 2018 (OTC) 57% 28 20

管理層討論及分析 ( 續 ) 2017 12 31 624.12016 12 31 768.2144.118.8% (OTC) 2017 12 31(OTC)555.5 2016 12 31 668.7113.216.9% 2017 12 3151.7 2016 12 31 55.03.36.0% 21

管理層討論及分析 ( 續 ) 2017 12 3116.9 2016 12 31 44.527.662.0% 2017 2017 12 31 % (OTC) 100,527 555,479 142,880 74.3 5.5 1.4 10,517 51,714 21,497 58.4 4.9 2.0 2016 12 31 % (OTC) 123,700 668,725 157,981 76.4 5.4 1.3 12,425 54,964 22,110 59.8 4.4 1.8 (OTC) 2016 12 31 213.2 2017 12 31 188.530.2% (OTC) 22

管理層討論及分析 ( 續 ) 2017 12 31 2016 12 31 78,308 41.5% 89,794 42.1% 42,976 22.8% 42,642 20.0% 41,532 22.0% 50,755 23.8% 4,891 2.6% 4,308 2.0% 540 0.3% 3,047 1.4% 8,935 4.7% 125 0.1% 11,313 6.1% 22,560 10.6% 188,495 100% 213,231 100% 2017 12 31435.62016 12 31 554.9119.321.5% 2017 12 312016 72.2% 69.8% 2017 12 31 27.02016 12 31 30.33.3 (i)(ii)(iii)(iv)(v) (vi)(vii)2017 12 31 305.52016 12 31 319.0 13.54.2% 23

管理層討論及分析 ( 續 ) (i) (ii) (iii) (iv) (v) (vi) (vii)2017 12 31 56.22016 12 31 69.213.0 18.8%2016 (i) (ii)2017 12 31 1.92016 12 31 14.4 12.586.8% 2016 2017 12 314.82016 12 31 7.32.534.3% 2016 2017 12 31 32.82016 12 31 72.4 39.654.7% 2017 12 31 2016 34.8% 41.3% 2017 5 24

管理層討論及分析 ( 續 ) 2017 12 31 61.42016 12 31 102.941.540.3% 2017 12 31758.2 2016 12 31 857.9 2016 12 313.0 2017 12 31 2.8 2017 12 3186.0 2016 12 31 66.02017 12 31 2017 12 31 22 2017 12 3136.4 2016 12 31 16.7 2017 12 311.4 2016 12 31 1.6 25

管理層討論及分析 ( 續 ) 2017 12 312016 12 31 6.7%9.1% 2016 12 3166.0 2017 12 3186.0 2016 12 31 986.8 2017 12 31944.5 2017 12 31 28 2017 12 31389.03.5 2016 32016 12 31 45.42017 12 31 2017 12 31 2017 12 319702016 12 311,005 2017 12 31 60.92016 65.5 2017 12 31 26

管理層討論及分析 ( 續 ) 2017 12 31 32.3 909.6 2017 12 31 2017 12 31490.1853.89% 106,778 11.74 278,820 30.65 9,022 0.99 4,596 0.51 90,960 10.00 27

董事及高級管理層 2018 3 29 2018 3 29 72 2015 2 10 44 2015 2 10 55 2015 2 10 53 2015 2 10 61 2015 2 10 48 2015 2 10 46 2015 2 10 69 2015 2 10 48 2015 2 10 61 2014 1 48 2014 1 49 2015 2 28

董事及高級管理層 ( 續 ) 722015 2 10 1956 1998 1987 5 2001 1 1992 442015 2 10 1995 3181994 81995 9 1995 101998 9 1994 6 55 2015 2 10 1985 82019851998 1985 7 1994 29

董事及高級管理層 ( 續 ) 53 2015 2 10 1984 82019841998 1984 7 1996 61 2015 2 10 1988 10 2019881998 1982 8 1996 48 2015 2 10 1991 82019911998 1991 7 1996 30

董事及高級管理層 ( 續 ) 462015 2 10 20 2005 1999 2004 600423 601003 1995 5 1997 41999 1993 7 692015 2 10 202002 201210572004 6 19902002 2014 10 1987 8 482015 2 10 14 2001 20092010 82013 12 0026672009 8 1997 7 31

董事及高級管理層 ( 續 ) 61 2014 12001 2 1976 8351976 82001 1992 11 2008 482014 12010 4 1991 82019911998 1991 2001 1996 2002 492015 2 1990 72019901998 19982014 1990 1999 32

董事會報告 2017 12 31 2014 9 2 2015 7 15 2017 12 31 2017 12 31 75 2017 12 31 0.06 2018 5 172018 6 72018 5 24 2018 5 17 2018 5 142018 5 17 2018 5 11 4 30 183 17 1712-1716 33

董事會報告 ( 續 ) 2018 5 24 2018 5 23 4 30 18317 1712-1716 2017 12 31 2017 12 31 6 8 14 27 34 2017 12 31 5 6 8 14 27 67 68 146 34

董事會報告 ( 續 ) 2017 12 31 2017 12 31490.1853.89% 2017 12 31 27 2017 12 31 26.5% 6.41% 2017 12 31 69.9% 36.4% 5% 2017 12 31 13 2017 12 31 3579 2017 12 31675.8 2016 12 31675.4 35

董事會報告 ( 續 ) 2017 12 3122 164 2017 12 31 2015 2 10 2015 2 10 2015 2 10 2015 2 10 2015 2 10 2015 2 10 2015 2 10 2015 2 10 2015 2 10 84 36

董事會報告 ( 續 ) 2016 5 24 84 28 32 3.13 3.13 2018 2 10 2017 12 31 2017 12 31 37

董事會報告 ( 續 ) 2017 6 8 2017 4 28 1. 2. 3. 211.00 4. (A) (B) 38

董事會報告 ( 續 ) 5. (A) (B) (C) 39

董事會報告 ( 續 ) 6. 6.1 10%73,930,200 10% 6.110% 6.2 6.110% 10% 6.3 10% 6.4 30% 40

董事會報告 ( 續 ) 7. 12 1% 121% 8. 10 10 8 9 41

董事會報告 ( 續 ) 2017 12 31 13.51(2) (a) (e)(g) 2017 12 31 XV352 (4) 511,963,200 4,050,500 516,013,700 69.79% (5) (4) 58,937,400 7.97% (6) 17,100,000 2.31% (7) 17,100,000 2.31% (8) 17,100,000 2.31% (9) 17,100,000 2.31% (1) (2) 2017 12 31739,302,000 (3) 2017 7 10 42

董事會報告 ( 續 ) (4) Sovereign Trust International Limited Jin Jiang GlobalGolden Throat International Golden Throat InternationalJin Jiang Global100% 453,025,800 7.97% Jin Chen Employee Holdings Limited 4,050,500 516,013,700 (5) Jin Chen Employee Holdings Limited 58,937,400 (6) Jin Chen Employee Holdings Limited Jin Qing Global Jin Qing Global 17,100,000 (7) Jin Chen Employee Holdings Limited Jin Qing Global Jin Qing Global 17,100,000 (8) Jin Chen Employee Holdings Limited Jin Qing Global Jin Qing Global 17,100,000 (9) Jin Chen Employee Holdings Limited Jin Qing Global Jin Qing Global 17,100,000 43

董事會報告 ( 續 ) 2017 12 31 XV 352 2017 12 3118 18 2017 12 31 42 336 (4) 453,025,800 61.28% Sovereign Trust 453,025,800 61.28% International Limited (4) Jin Jiang Global (4) 453,025,800 61.28% Golden Throat International 453,025,800 61.28% (5) 58,937,400 7.97% Jin Chen Employee 58,937,400 7.97% Holdings Limited (6) Jin Chen Global 41,837,400 5.66% 44

董事會報告 ( 續 ) (1) (2) (3) 2017 12 31739,302,000 (4) Sovereign Trust International LimitedJin Jiang Global Jin Jiang Global Golden Throat InternationalSovereign Trust International Limited Jin Jiang GlobalGolden Throat International453,025,800 61.28% (5) 2017 7 10 (6) Jin Chen Employee Holdings Limited Jin Chen Global Jin Qing Global 58,937,400Jin Chen Employee Holdings Limited7.97% 2017 12 31 42 336 2017 12 31 2015 6 24 45

董事會報告 ( 續 ) 2017 12 31 2017 12 31 2017 12 31 8.10 2017 12 31 51.2% 51.0% 95.6% 4.4% 70% 30% 14A.71 46

董事會報告 ( 續 ) 2017 2017 12 31 2017 12 31 1 1 A. 1 3,475 6,362 B. 2 2 C. 3 2 (1) (2) 2015 12 312016 12 312017 12 31 0.1% 14A.33(3) 14A 47

董事會報告 ( 續 ) 2015 6 24 (A) (B) (C) (D) (E) 48

董事會報告 ( 續 ) 23.00 2015 1 12017 12 31 2017 12 312018 2 12 2018 1 1 2020 12 31 2018 2 12 49

董事會報告 ( 續 ) 2015 6 24 15 (A) (B) (C) (D) (E) 50

董事會報告 ( 續 ) 2014 11 150 50 2015 6 24 (i) (ii) 51

董事會報告 ( 續 ) 2014 11 150 50 (1) (2) (3) 3000 740 14A.56 46 52 52

董事會報告 ( 續 ) 2017 12 31 14A 31(a) 14A 14A 2017 12 31 2017 12 31 13,0002016 165,000 2017 12 31 55 68 53

董事會報告 ( 續 ) 8.08(1) 25% 2017 12 31 2017 12 31 2015 7 15 2018 3 29 54

企業管治報告 2017 12 31 A.1.8 55

企業管治報告 ( 續 ) 3.10(1) 3.10(2) 3.10A 3.13 56

企業管治報告 ( 續 ) 2017 12 31 2017 1 16 2017 1 16 2017 1 16 2017 1 16 2017 1 16 2017 1 16 2017 2 8 2017 2 8 2017 2 8 A.2.1 2018 2 10 57

企業管治報告 ( 續 ) 84 83(3) 58

企業管治報告 ( 續 ) 2017 12 31 1/1 4/4 1/1 4/4 1/1 4/4 1/1 4/4 1/1 4/4 1/1 4/4 1/1 4/4 1/1 4/4 1/1 4/4 2017 12 31 2017 6 8 1095 1 2017 12 31 59

企業管治報告 ( 續 ) (a) (b) (c) (d) (e) 60

企業管治報告 ( 續 ) 2017 12 31 1/1 1/1 1/1 61

企業管治報告 ( 續 ) 2017 12 31 1/1 1/1 1/1 62

企業管治報告 ( 續 ) 2017 12 31 2016 12 31 2017 6 30 2018 3 29 2017 12 31 2/2 2/2 2/2 63

企業管治報告 ( 續 ) 2017 12 31 73 74 64

企業管治報告 ( 續 ) (i)(ii) 2017 12 31 2017 12 31 1,960,000 2017 12 31 1,960 2018 2015 2 13 2017 12 31 3.2915 65

企業管治報告 ( 續 ) 8 9 2017 12 31 1,000,000 3 (www.goldenthroat.com) 66

企業管治報告 ( 續 ) gt6896@163.com 2017 12 31 67

企業管治報告 ( 續 ) 2017 12 31 2017 12 31 2017 12 31280 12 68

獨立核數師報告 Ernst & Young 22/F, CITIC Tower 1 Tim Mei Avenue Central, Hong Kong 1 22 Tel: +852 2846 9888 Fax: +852 2868 4432 ey.com 75 145 2017 12 31 2017 12 31 69

獨立核數師報告 ( 續 ) 2017 12 31 935,000 54,156,000 2.4 3 16 70

獨立核數師報告 ( 續 ) 71

獨立核數師報告 ( 續 ) 72

獨立核數師報告 ( 續 ) 73

獨立核數師報告 ( 續 ) 2018 3 29 74

綜合損益表 2017 12 31 2017 2016 5 624,084 768,171 (188,495) (213,231) 435,589 554,940 5 27,024 30,302 (305,546) (319,034) (56,225) (69,190) (1,876) (14,445) 7 (4,766) (7,272) 6 94,200 175,301 10 (32,820) (72,389) 61,380 102,912 61,380 102,912 12 8.30 13.77 75

綜合全面收益表 2017 12 31 2017 2016 61,380 102,912 (10,772) 10,714 10,714 (10,772) (37,640) 39,484 (26,926) 28,712 (26,926) 28,712 34,454 131,624 34,454 131,624 76

綜合財務狀況表 2017 12 31 2017 2016 13 107,331 55,621 15,069 452 14 38,812 39,815 17 18,747 26,764 24 13,212 13,918 193,171 136,570 15 43,433 42,623 16 446,358 475,733 17 65,375 84,200 31(c) 3,542 3,705 18 24 314,985 19 610,242 374,596 1,168,974 1,295,842 20 20,964 15,155 21 214,287 235,557 22 86,000 66,000 31(c) 221 236 51,886 80,902 23 366 366 37,079 39,679 410,803 437,895 758,171 857,947 951,342 994,517 77

綜合財務狀況表 ( 續 ) 2017 12 31 2017 2016 951,342 994,517 21 1,064 1,234 23 1,730 2,096 24 4,095 4,430 6,889 7,760 944,453 986,757 25 113 113 25 675,410 675,410 26 268,930 311,234 944,453 986,757 78

綜合權益變動表 2017 12 31 25 25 26 26 2016 1 1 115 711,364 8,952 78,534 (24) 10,996 158,508 968,445 102,912 102,912 (10,772) (10,772) 39,484 39,484 39,484 (10,772) 102,912 131,624 2015 (38,039) (38,039) 25 (2) (35,954) (35,956) 33,909 (33,909) 2016 (39,317) (39,317) 2016 12 31 113 675,410 8,952* 112,443* (24)* 50,480* (10,772)* 150,155* 986,757 79

綜合權益變動表 ( 續 ) 2017 12 31 25 25 26 26 2017 1 1 113 675,410 8,952 112,443 (24) 50,480 (10,772) 150,155 986,757 61,380 61,380 10,714 10,714 (37,640) (37,640) (37,640) 10,714 61,380 34,454 2016 (38,684) (38,684) 20,657 (20,657) 2017 (38,074) (38,074) 2017 12 31 113 675,410 8,952* 133,100* (24)* 12,840* (58)* 114,120* 944,453 * 268,930,000 2016311,234,000 80

綜合現金流表 2017 12 31 2017 2016 94,200 175,301 13 6,215 5,482 14 1,003 1,003 23 (366) (366) 8 12 6 1,260 (13,559) 6 (11,822) 11,131 5 (4,074) (3,410) 7 4,766 7,272 16 (11) 124 17 (56) 2,004 6 8,935 125 100,058 185,119 29,386 (103,582) 23,009 (67,178) (9,745) (5,989) (62) 452 (110) 5,809 4,853 (6,396) 44,126 140 142,059 57,831 4,074 4,030 (4,766) (7,272) (61,465) (41,330) 79,902 13,259 81

綜合現金流表 ( 續 ) 2017 12 31 2017 2016 (87,608) (8,878) (1,111,548) (1,408,638) 1,422,395 1,112,709 5,964 9,900 (44,958) 42,515 14 4 229,217 (297,346) (544,672) (12,753,440) 564,009 12,715,863 6,000 (35,956) (78,061) (38,039) (58,724) (105,572) 250,395 (389,659) (14,749) 9,591 19 374,596 754,664 19 610,242 374,596 19 610,242 374,596 82

財務報表附註 2017 12 31 1. 2014 9 2 Cricket Square, Hutchins Drive, P.O. Box 2681, Grand Cayman KY1-1111, Cayman Islands 2015 7 15 Golden Throat International Holdings Limited 1 100% * 35,000,000 100% ** 250,265,000 100% 83

財務報表附註 ( 續 ) 2017 12 31 1. ** 3,200,000 100% ** 5,000,000 100% ** 30,000,000 100% ** 2,100,000 100% ** 2,000,000 100% ** 2,000,000 100% * ** 84

財務報表附註 ( 續 ) 2017 12 31 2.1 2017 12 31 (a) (b) (c) 85

財務報表附註 ( 續 ) 2017 12 31 2.1 (i) (ii)(iii)(i) (ii)(iii) 2.2 7 12 20142016 12 12 7 27 86

財務報表附註 ( 續 ) 2017 12 31 2.3 2 1 4 4 9 1 9 1 9 2 10 28 4 15 1 15 15 1 16 2 17 3 19 2 28 2 40 1 1 22 2 23 20142016 128 1 20152017 3 1112 23 2 1 2018 1 1 2 2019 1 1 3 2021 1 1 4 87

財務報表附註 ( 續 ) 2017 12 31 2.3 2014 99 39 9 2018 1 1 9 2018 1 1 2017 9 2014 7 15 15 15 2016 6 15 15 15 2018 1 12018 1 1 15 2018 1 1 88

財務報表附註 ( 續 ) 2017 12 31 2.3 2016 5 1617 4 1527 40 16 1717 16 17 2019 1 1 1616 29 2017 12 31 1,102,00016 89

財務報表附註 ( 續 ) 2017 12 31 2.4 90

財務報表附註 ( 續 ) 2017 12 31 2.4 12 31 91

財務報表附註 ( 續 ) 2017 12 31 2.4 92

財務報表附註 ( 續 ) 2017 12 31 2.4 93

財務報表附註 ( 續 ) 2017 12 31 2.4 (a) (i) (ii) (iii) (b) (i) (ii) (iii) (iv) (v) (vi) (vii) (viii) (a) (a)(i) 94

財務報表附註 ( 續 ) 2017 12 31 2.4 4.75% 9.50% 19.00% 23.75% 95

財務報表附註 ( 續 ) 2017 12 31 2.4 96

財務報表附註 ( 續 ) 2017 12 31 2.4 (a)(b) 97

財務報表附註 ( 續 ) 2017 12 31 2.4 (a) (b) 98

財務報表附註 ( 續 ) 2017 12 31 2.4 99

財務報表附註 ( 續 ) 2017 12 31 2.4 100

財務報表附註 ( 續 ) 2017 12 31 2.4 101

財務報表附註 ( 續 ) 2017 12 31 2.4 102

財務報表附註 ( 續 ) 2017 12 31 2.4 103

財務報表附註 ( 續 ) 2017 12 31 2.4 104

財務報表附註 ( 續 ) 2017 12 31 2.4 (a) (b) (c) 20% 105

財務報表附註 ( 續 ) 2017 12 31 2.4 106

財務報表附註 ( 續 ) 2017 12 31 2.4 3. 107

財務報表附註 ( 續 ) 2017 12 31 3. 2017 12 31 13,212,000 201613,918,000 24 10 108

財務報表附註 ( 續 ) 2017 12 31 3. 2017 12 31 947,000 20161,014,000 109

財務報表附註 ( 續 ) 2017 12 31 4. 98.8% 10%2016 5. 2017 2016 624,084 768,171 10,735 13,186 4,074 3,410 13,559 11 393 136 15,202 30,302 11,822 27,024 30,302 110

財務報表附註 ( 續 ) 2017 12 31 6. 2017 2016 188,495 213,231 13 6,215 5,482 14 1,003 1,003 2,089 1,724 3,193 2,547 2,068 1,976 (10,735) (13,186) (4,074) (3,410) 1,260 (13,559) (11) (11,822) 11,131 8 47,591 55,231 8,367 10,020 11,683 15,234 67,641 80,485 8 12 13 165 16 (11) 124 17 (56) 2,004 8,935 125 111

財務報表附註 ( 續 ) 2017 12 31 7. 2017 2016 4,766 7,272 8. 383(1)(a) (b) (c) (f) 2 2017 2016 360 360 4,030 3,693 4,755 7,950 340 379 9,125 12,022 9,485 12,382 (a) 2017 2016 120 120 120 120 120 120 360 360 2016 112

財務報表附註 ( 續 ) 2017 12 31 8. (b) 2017 682 1,509 68 2,259 534 26 560 426 223 68 717 426 223 68 717 425 223 68 716 2,493 2,204 272 4,969 1,537 2,551 68 4,156 4,030 4,755 340 9,125 2016 662 2,785 64 3,511 409 263 59 731 389 269 64 722 388 263 64 715 388 264 64 716 2,236 3,844 315 6,395 1,457 4,106 64 5,627 3,693 7,950 379 12,022 113

財務報表附註 ( 續 ) 2017 12 31 8. (b) 9. 2016 8 10. 25% 15% 201615% 20172016 12 31 2017 2016 30,132 60,420 (5,550) 24 8,238 11,969 32,820 72,389 114

財務報表附註 ( 續 ) 2017 12 31 10. 2017 2016 94,200 175,301 25% 23,550 43,825 (15,318) (18,180) 10% 7,532 9,804 (5,550) 15,473 25,141 (32) (130) (747) (722) 7,912 12,651 32,280 72,389 11. 2017 2016 6 20166 38,074 39,317 6 20166 37,079 39,679 75,153 78,996 115

財務報表附註 ( 續 ) 2017 12 31 12. 739,302,000 2016747,505,623 20172016 12 31 2017 2016 61,380 102,912 2017 2016 739,302,000 747,505,623 116

財務報表附註 ( 續 ) 2017 12 31 13. 2017 12 31 2016 12 31 2017 1 1 53,725 76,958 2,917 7,079 20,541 161,220 (46,433) (52,020) (2,492) (4,654) (105,599) 7,292 24,938 425 2,425 20,541 55,621 2017 1 1 7,292 24,938 425 2,425 20,541 55,621 2,053 1,022 53 54,819 57,947 (21) (1) (22) 6 (1,521) (3,539) (269) (886) (6,215) 2017 12 31 7,824 22,400 208 1,539 75,360 107,331 2017 12 31 52,047 77,555 2,963 7,079 75,360 215,004 (44,223) (55,155) (2,755) (5,540) (107,673) 7,824 22,400 208 1,539 75,360 107,331 117

財務報表附註 ( 續 ) 2017 12 31 13. 2016 12 31 2016 1 1 53,725 73,560 2,909 5,133 2,023 137,350 (45,521) (48,677) (2,160) (4,069) (100,427) 8,204 24,883 749 1,064 2,023 36,923 2016 1 1 8,204 24,883 749 1,064 2,023 36,923 2,797 15 1,997 19,387 24,196 (13) (1) (2) (16) 6 (912) (3,598) (338) (634) (5,482) 869 (869) 2016 12 31 7,292 24,938 425 2,425 20,541 55,621 2016 12 31 53,725 76,958 2,917 7,079 20,541 161,220 (46,433) (52,020) (2,492) (4,654) (105,599) 7,292 24,938 425 2,425 20,541 55,621 2017 12 311,429,000 2016 1,573,00022 118

財務報表附註 ( 續 ) 2017 12 31 14. 2017 2016 40,818 41,821 6 (1,003) (1,003) 39,815 40,818 17 (1,003) (1,003) 38,812 39,815 2017 12 3136,446,000 2016 16,698,00022 15. 2017 2016 23,189 17,874 11,972 13,873 18,620 12,289 53,781 44,036 (10,348) (1,413) 43,433 42,623 119

財務報表附註 ( 續 ) 2017 12 31 16. 2017 2016 54,156 148,324 393,137 328,355 447,293 476,679 (935) (946) 446,358 475,733 2017 2016 41,595 138,013 2,944 3,422 2,097 5,753 6,411 149 174 41 53,221 147,378 120

財務報表附註 ( 續 ) 2017 12 31 16. 2017 2016 946 2,323 6 1,060 6 (11) (936) (1,501) 935 946 935,000 2016 946,000 935,000 2016946,000 2017 2016 41,595 138,013 2,944 3,422 8,682 5,943 53,221 147,378 121

財務報表附註 ( 續 ) 2017 12 31 16. 2017 12 31 17,209,000 2016 15,652,000 5,009,000 20166,583,000 2017 12 3112,200,000 2016 9,069,000 122

財務報表附註 ( 續 ) 2017 12 31 17. 2017 2016 14,003 14,991 5,114 5,796 381 3,750 14 1,003 1,003 63,633 85,492 84,134 111,032 (12) (68) 84,122 110,964 (57) (136) (18,690) (26,628) 65,375 84,200 2025 2017 2016 68 312 6 5 2,004 6 (61) (2,248) 12 68 123

財務報表附註 ( 續 ) 2017 12 31 18. 2017 2016 a 24 27 314,958 24 314,985 (a) 19. 2017 2016 219,466 374,596 390,776 610,242 374,596 201,208,000 2016 227,217,000 124

財務報表附註 ( 續 ) 2017 12 31 20. 2017 2016 20,964 15,155 2017 2016 15,558 3,921 3,263 6,537 913 3,395 17 35 1,213 1,267 20,964 15,155 16,000 2016218,000 30 60 21. 2017 2016 30,632 39,986 115,900 118,150 11,583 15,362 34,263 23,843 22,973 39,450 215,351 236,791 (1,064) (1,234) 214,287 235,557 125

財務報表附註 ( 續 ) 2017 12 31 22. 2017 2016 (%) 4.35 56,000 36,000 4.35 30,000 30,000 86,000 66,000 86,000 66,000 (a) (i) (ii) (iii) 36,446,000 201616,698,000 14 1,429,000 20161,573,000 13 20,000,000 2016 31(b) 126

財務報表附註 ( 續 ) 2017 12 31 23. 2017 2016 2,462 2,828 (366) (366) 2,096 2,462 366 366 1,730 2,096 2,096 2,462 127

財務報表附註 ( 續 ) 2017 12 31 24. 2016 1 1 49 202 12,869 1,829 710 424 16,083 (8,790) (8,790) 7,293 10 (33) 5 256 (1,665) (673) (55) (2,165) (9,804) (9,804) (11,969) 14,164 14,164 14,164 2016 12 31 2017 1 1 16 207 13,125 164 37 369 13,918 (4,430) (4,430) 9,488 10 943 (14) 58 (1,684) (91) 137 (55) (706) (7,532) (7,532) (8,238) 7,867 7,867 7,867 2017 12 31 943 2 265 11,441 73 174 314 13,212 (4,095) (4,095) 9,117 10%2008 1 12007 12 31 10% 2008 1 1 128

財務報表附註 ( 續 ) 2017 12 31 24. 2017 12 31 2017 12 31 110,299,000 2016115,420,000 2017 12 31 4,095,000 20164,430,000 20,563,000 201612,651,000 25. 2017 2016 194,532,000 2016 194,532,000 29 29 544,770,000 2016 544,770,000 84 84 113 113 129

財務報表附註 ( 續 ) 2017 12 31 25. 2016 1 1 749,183,000 115 711,364 711,479 (a) (9,881,000) (2) (35,954) (35,956) 2016 12 31 2017 1 12017 12 31 739,302,000 113 675,410 675,523 (a) 2016 12 319,881,000 9,881,000 40,585,07035,954,000 130

財務報表附註 ( 續 ) 2017 12 31 26. 79 80 10% 50% 25% 27. 2017 1 1 66,000 19,337 663 2017 12 31 86,000 131

財務報表附註 ( 續 ) 2017 12 31 28. (a) 67,000,0001,703,200 2017 12 31 50,750,000 (b) (c) 2,137,998 80,000 2017 12 6 (i) (ii) 7,146,602 2016 6 12 4.75% (iii )8,441,340(iv) 38,767,882 2017 12 31 8,441,340 132

財務報表附註 ( 續 ) 2017 12 31 28. (d) 2018 1 25 (i) 2016 3 1(ii) 13,860,000(iii) 5,000,000 29. 2017 12 31 2017 2016 740 736 362 540 1,102 1,276 30. 29 2017 2016 32,305 85,800 133

財務報表附註 ( 續 ) 2017 12 31 31. (a) 2017 2016 (i) 68 246 (ii) 3,475 4,886 Golden Throat International Holdings Limited (iii) 3,128 (i) (ii) (iii) (b) 22 20,000,000 2016 134

財務報表附註 ( 續 ) 2017 12 31 31. (c) (i) (ii) (iiii) 3,542,000 2016 3,705,000 221,000 2016 236,000 20 (d) 2017 2016 9,145 12,003 340 379 9,485 12,382 8 14A 135

財務報表附註 ( 續 ) 2017 12 31 32. 2017 446,358 446,358 14,372 14,372 3,542 3,542 24 24 610,242 610,242 1,074,514 24 1,074,538 2016 475,733 475,733 18,673 18,673 3,705 3,705 314,985 314,985 374,596 374,596 872,707 314,985 1,187,692 136

財務報表附註 ( 續 ) 2017 12 31 32. 2017 2016 20,964 15,155 146,532 158,136 86,000 66,000 221 236 37,079 39,679 290,796 279,206 33. 137

財務報表附註 ( 續 ) 2017 12 31 33. 2017 12 31 24 24 2016 12 31 314,985 314,985 2017 12 312016 2016 138

財務報表附註 ( 續 ) 2017 12 31 34. 2017 50 (50) 2016 50 (330) (50) 330 139

財務報表附註 ( 續 ) 2017 12 31 34. % 2017 5 2,575 (5) (2,575) 5 16,184 (5) (16,184) 2016 5 4,880 (5) (4,880) 5 16,561 (5) (16,561) 140

財務報表附註 ( 續 ) 2017 12 31 34. 16 17 141

財務報表附註 ( 續 ) 2017 12 31 34. 2017 50,237 36,464 86,701 5,406 15,558 20,964 22,113 124,319 100 146,532 37,079 37,079 221 221 64,819 190,114 36,564 291,497 2016 30,429 36,103 66,532 11,235 3,920 15,155 30,108 126,930 1,098 158,136 39,679 39,679 236 236 81,258 161,279 37,201 279,738 142

財務報表附註 ( 續 ) 2017 12 31 34. 2017 12 312016 12 31 2017 2016 86,000 66,000 20,964 15,155 214,287 235,557 221 236 (610,242) (374,596) (288,770) (57,648) 944,453 986,757 655,683 929,109 143

財務報表附註 ( 續 ) 2017 12 31 35. 2017 2016 16,534 20,162 16,534 20,162 2,548 6,596 3,380 3,616 449,777 358,749 151 89 314,958 283,165 93,909 739,021 777,917 394 1,096 37,079 39,679 37,473 40,775 701,548 737,142 718,082 757,304 718,082 757,304 113 113 675,410 675,410 42,559 81,781 718,082 757,304 144

財務報表附註 ( 續 ) 2017 12 31 35. 2016 1 1 711,364 43,110 (40,735) 713,739 118,091 118,091 (10,711) (10,711) 49,382 49,382 49,382 (10,711) 118,091 156,762 2015 (38,039) (38,039) (35,954) (35,954) 2016 (39,317) (39,317) 2016 12 312017 1 1 675,410 92,492 (10,711) 757,191 77,180 77,180 10,711 (10,711) (50,355) (50,355) (50,355) 10,711 77,180 37,536 2016 (38,684) (38,684) 2017 (38,074) (38,074) 2017 12 31 675,410 42,137 422 717,969 36. 2018 3 29 145

五年財務概要 12 31 2017 2016 2015 2014 2013 624,084 768,171 706,922 606,801 548,857 (188,495) (213,231) (184,818) (176,893) (181,994) 435,589 554,940 522,104 429,908 366,863 94,200 175,301 202,423 156,838 92,243 (32,820) (72,389) (47,805) (35,128) (22,325) 61,380 102,912 154,618 121,710 69,918 61,380 102,912 154,618 121,893 69,918 (183) 61,380 102,912 154,618 121,710 69,918 12 31 2017 2016 2015 2014 2013 1,362,145 1,432,412 1,301,440 568,026 590,726 (417,692) (445,655) (332,995) (476,674) (423,713) 944,453 986,757 968,445 91,352 167,013 146