於開曼群島註冊成立之有限公司 股份代號 828 2014 年報
2 3 4 6 7 17 22 38
Remy Cointreau Remy Cointreau ISO9002 ISO 14001 ISO 9001 2000HACCP 100 828 Remy Cointreau 2
669,257 873,700-23% 49,632 86,924-43% (393,523) (552,459) -29% 7% 10% -3% 3
(^) (&) HERIARD-DUBREUIL Francois Jean-Marie LABORDE (&) ROBERT Luc Cricket Square Hutchins Drive P.O. Box 2681 Grand Cayman KY1-1111 Cayman Islands (#)(&)(^) (#)(&)(^) (#)(&)(^) 139 16 E F # & ^ Conyers Dill & Pearman, Cayman 29 Codan Trust Company (Cayman) Limited Cricket Square Hutchins Drive P.O. Box 2681 Grand Cayman KY1-1111 Cayman Islands 183 54 4
http://www.dynasty-wines.com https://dynasty.jd.com https://dynasty.world.tmall.com http://www.dynasty-wines.com/shop 0.1 1,248,200,000 2,000 00828 0828.HK 828:HK 5
津聯集團 100% 人頭馬亞太 26.96% 獨立股東 28.34% Famous Ever 44.70% 宏志 100% 王朝酒業 ( 亞太 ) 100% 開顏東方 100% 浩天 100% 王朝釀酒 天津王朝 天陽 御馬 100% 100% 60% 25% 玉皇 天津王朝國際 上海王朝 天陽銷售 65% 100% 100% 100% 上海王朝窖藏 51% 6
23.4% 669,300,000 873,700,000 393,500,000 552,500,00028.8% 1,248,200,0001,248,200,000 31.53 44.26 i) ii)iii) A) (1) (2) (i)(ii) (iii) 29,700,000 27,500,000 79% 82% 7
100 520100 B) 128 128 8
79 79 1 25 26 1 1 4 4 1 19 20 2 128 130 C) www.i9wang.com 9
70,000 93,300,000 873,700,00023.4%669,300,000 i) (1) (2) ii) 750 29.4 10
% % 39 46 2 2 18 20 2 1 61 69 27 21 12 10 100 100 39%46% 7% 10% 7%15%(i) (ii) 53,148,000 3% 25% 11% 33%11% 3% 34% 31% 11
10,200,000 3,000,000 5,900,000 44% 47% 19%25% 24%22% 25% 12
74,900,00011,100,000 55,400,000 62,000,000 19,300,0005,400,000 13
134,400,000 196,900,000-82,000,000-107,900,000 729,300,000 1,129,200,000-13% -11% 52,500,000 89,100,000 134,400,000 196,900,000 1,797,000,000 1,797,000,000 14
724,000,000 200 200 160 160 20 20 47 47 297 297 724 724 400,000,000 15
624662 170,200,000 175,700,000 5,000,000 16
60 54 17
47 HERIARD-DUBREUIL Francois 69 Euronext Remy Cointreau S.A. Heriard-Dubreuil Remy Martin & Co. S.A. Cointreau & Cie Remy Martin & Co. S.A. Remy Cointreau Remy Cointreau Andromede S.A. Remy Cointreau Fondation INSEAD INSEADLigue Européenne de Coopération Economique INSEAD Heriard-DubreuilAndromede S.A. Orpar S.A. Remy Cointreau S.A. Remy Cointreau Services S.A.S. Remy Concord Limited Jean-Marie LABORDE 69 Remy Cointreau S.A.Laborde (University of Bordeaux)Institut Supérieur des Affaires HEC/ISA Pernod Richard Moët et Chandon (LVMH Group)Laborde Remy CointreauMaxxium Worldwide B.V. Euronext Sequana Capita l VORAntonin Rodet, Burgundy Wines Finadvance S.A. 18
78 Orpar S.A. Orpar S.A. Remy Cointreau S.A.Remy Associes and Maxxium Worldwide B.V. Arthur D. Little Management Institute Officier de I Ordre du Merite Agricole ROBERT Luc 61 Orpar S.A. Remy Cointreau Remy Cointreau Ernst & WhinneyUniversity of Sherbrooke 47 Famous Ever Group Limited 19
45 she.com (Chef Nic Holdings Limited) she.comtelecom Venture Group Limited (Arthur Andersen & Company) (Brown University)(Northeastern University) 52 CEC Management Limited CEC Management Limited China Enterprise Capital Limited CEC CEC(Pacific Alliance Group Limited) Interbrew (Anheuser-Busch InBev) 58 20
48 21
A.2.1 3.10(1) 3.21 3.25 3.10(1) 3.21 3.25 22
14A.1.1 14C.3.3 e) i) 3.10A 3.10A 3.10A (i) 13.49(1)13.49(6) (ii) 13.26(2)13.48(1) (i) (ii) (iii) 23
10 24
Heriard-Dubreuil FrancoisJean-Marie Laborde Robert Luc 3.10(1) 3.10(2) 3.13 Heriard-Dubreuil Francois Jean-Marie Laborde Robert Luc Andromede S.A. 25
2/2 2/2 2/2 1/2 0/0 Heriard-Dubreuil Francois 2/2 2/2 Jean-Marie Laborde 2/2 2/2 Robert Luc 2/2 0/0 0/0 2/2 2/2 0/0 26
Heriard-Dubreuil Francois Jean-Marie Laborde Robert Luc B A, B A, B B B B B B B B B A, B B B B A B 27
87 28
3/3 0/0 3/3 3/3 2/2 0/0 29
1 2 3 4 5 6 30
0/0 1/1 2/2 1/1 2/2 2/2 1/1 1,000,000 4 1,000,001 2,000,000 3 31
30 21 (i)(ii) 32
(i) (ii) (iii) i) ii) iii) 33
1/1 1/1 0/0 0/0 5,033 34
1) 2) (www.dynasty-wines.com) 3) 20 35
13916 E F 2 21 139 16 E F (852) 2918-8000 (852) 2918-8099 36
183 54 (852) 2980-1333 (852) 2810-8185 1,797,000,000 1,248,200,000 1.44 37
39 48 51 52 53 55 56 57 58 108
9 20 22 15 39
Heriard-Dubreuil Francois Jean-Marie Laborde Robert Luc 87 40
(a) (b) 41
(c) 10% 30% 26,450,000 21,450,000 93,550,0007.5% (d) 12 1% (e) 21 (i) (ii) 1.00 (f) (i)(ii) (iii) (g) 42
1 2 1 800,000 800,000 2,300,000 (2,300,000) Heriard-Dubreuil Francois 1,200,000 1,200,000 200,000 200,000 6,400,000 (800,000) (2,800,000) 2,800,000 10,100,000 (5,100,000) 5,000,000 (1) 1,200,0003.00 1,200,000 3.00 (2) 800,000 43
XV 352 (i) 800,000 800,000 0.06% Heriard-Dubreuil Francois 1,200,000 1,200,000 0.10% 200,000 200,000 0.02% (ii) XV 352 18 44
336 (i) Famous Ever Group Limited 1/2) 558,000,000 44.70% 1/2) 558,000,000 44.70% 558,000,000 44.70% 2 558,000,000 44.70% 2 558,000,000 44.70% 2 Remy Pacifique Limited 3 336,528,000 26.96% Remy Concord Limited 3 336,528,000 26.96% Remy Cointreau Services S.A.S. 3 336,528,000 26.96% Remy Cointreau S.A. 3 336,528,000 26.96% Orpar S.A. 3 336,528,000 26.96% Andromede S.A. 3 336,528,000 26.96% (1) Famous Ever Group Limited Famous Ever Famous Ever 558,000,00044.7 45
(2) Famous Ever Group Limited Famous Ever Group Limited (3) Remy Concord LimitedRemy Cointreau Services S.A.S. Remy Concord Limited Remy Cointreau S.A. Remy Cointreau Services S.A.S. 93.33% Orpar S.A. Remy Cointreau S.A.35.84%Orpar S.A. Recopart61% Remy Cointreau S.A. 14.76% Andromede S.A. Orpar S.A. XV Remy Concord Limited Remy Cointreau Services S.A.S. Remy Cointreau S.A. Orpar S.A. Andromede S.A. 336 5% 22% 18% 50% 5% 46
47
51 107 1. 2.2 48
2.2 2.2(ii) 53,148,000 244,451,000 2.2(iii) (1) 49
(2) (3) 2. 15 472,292,000 36 50
5 669,257 873,700 6 (619,625) (786,776) 49,632 86,924 6 (291,620) (411,881) 6 (162,853) (192,822) 8 10,228 2,997 (394,613) (514,782) 11 7,254 5,889 11 (8,792) (7,860) 11 (1,538) (1,971) (396,151) (516,753) 12 (47) (36,836) (396,198) (553,589) (393,523) (552,459) (2,675) (1,130) 13 (31.53) (44.26) 58 107 51
(396,198) (553,589) (3,654) 39,404 (399,852) (514,185) (397,093) (513,773) (2,759) (412) 58 107 52
15 472,292 523,883 14 62,238 64,053 16 10 25 1,569 534,530 589,505 17 150,830 192,545 17 84,061 99,405 18 673,782 834,483 3,660 11,973 8,855 19 9,158 10,225 19 134,445 196,935 1,055,936 1,354,421 1,590,466 1,943,926 20 124,820 124,820 22 1,199,229 1,204,752 (614,240) (222,670) 709,809 1,106,902 19,512 22,271 729,321 1,129,173 53
23 299,090 262,366 23 483,597 436,823 24 52,449 89,059 26,009 26,505 861,145 814,753 861,145 814,753 1,590,466 1,943,926 51 107 58 107 54
317 321 642,082 1,014,333 104,739 104,739 747,138 1,119,393 9 24 1,667 1,497 361 342 26,434 47,718 28,471 49,581 775,609 1,168,974 124,820 124,820 22 906,702 908,655 (309,593) 80,020 721,929 1,113,495 12,578 45,291 9,114 10,188 31,988 53,680 55,479 775,609 1,168,974 55
124,820 1,166,066 329,789 1,620,675 22,683 1,643,358 (552,459) (552,459) (1,130) (553,589) 38,686 38,686 718 39,404 38,686 (552,459) (513,773) (412) (514,185) 21, 22 124,820 1,204,752 (222,670) 1,106,902 22,271 1,129,173 124,820 1,204,752 (222,670) 1,106,902 22,271 1,129,173 (393,523) (393,523) (2,675) (396,198) (3,570) (3,570) (84) (3,654) (3,570) (393,523) (397,093) (2,759) (399,852) 21, 22 (1,953) 1,953 124,820 1,199,229 (614,240) 709,809 19,512 729,321 58 107 56
27 (26,130) (70,406) 7,254 5,889 8,313 (543) (10,339) (11,106) (74,856) (13,908) (7,385) 8,855 (8,855) 1,067 (9,263) 5,695 1,003 (57,107) (37,500) (55,398) (62,000) 77,896 101,113 (63,664) (73,983) (8,792) (7,860) 5,440 19,270 (61,064) (117,586) 196,935 293,946 (1,426) 20,575 134,445 196,935 58 107 57
1 Cricket Square, Hutchins Drive, P.O. Box 2681, Grand Cayman KY1-1111, Cayman Islands 139 E F 9 2 2.1 4 (a)(b) 24 58
2 2.2 (i) 59
2 2.2 (ii) (i) 53,148,000 244,451,000210,244,000 263,389,000 60
2 2.2 (iii) (i) 2.3 (a) 32 36 13 36 61
2 2.3 (a) 39 39 21 37 (b) 622 358 622 62
2 2.3 (c) 9 9 39 9 39 9 9 39 9 63
2 2.3 (c) 15 18 11 15 16 16 17 15 16 64
2 2.4 2.4.1 39 65
2 2.4 2.4.1 2.4.2 66
2 2.5 20% 50% 2.6 67
2 2.7 (a) (b) (c) (a) (b) (c) 68
2 2.8 20 10 5 5 2.9 69
2 2.9 2.10 70
2 2.11 2.11.1 12 2.13 2.14 2.12 2.13 2.14 71
2 2.15 2.16 2.17 12 72
2 2.18 2.19 (a) 73
2 2.19 (b) (c) 74
2 2.20 (a) (b) 75
2 2.20 (c) 2.21 76
2 2.22 2.23 2.24 2.25 77
3 3.1 (a) (i) (a) (b) (ii) 78
3 3.1 (b) 10% (c) 134,445,000 196,935,000 19 150,830,000 192,545,000 17 79
3 3.1 (c) 53,110 91,585 (a) 467,086 447,844 520,196 539,429 (a) 3.2 80
3 3.2 24 52,449 89,059 19 (134,445) (196,935) (81,996) (107,876) 729,321 1,129,173 647,325 1,021,297-13% -11% 3.3 4 81
4 4.1 (a) (b) (c) (d) 82
5 (a) 529,893 133,494 5,870 669,257 13,967 33,445 2,220 49,632 (42,631) (11,044) 530 (53,145) (31,481) (7,475) (329) (39,285) 715,320 151,923 6,457 873,700 81,270 4,570 1,084 86,924 (162,862) (43,065) (4,317) (210,244) (30,982) (6,196) (263) (37,441) (a) 9,503,000 10,134,000 83
5 49,632 86,924 10,228 2,997 (291,620) (411,881) (162,853) (192,822) (394,613) (514,782) (1,538) (1,971) (396,151) (516,753) 10% 84
6 281,065 415,414 76,521 (9,570) (a) 24,291 22,037 125,788 220,850 66,169 62,040 7 154,933 161,144 15,263 14,524 170,196 175,668 29,714 37,177 10,937 14,235 58,904 57,556 5,871 11,366 (b) 24,317 28,614 5,033 4,943 7,687 2,360 53,145 210,244 134,460 138,545 1,074,098 1,391,479 (a) (b) 3,350,000 3,300,000 85
7 130,596 136,392 23,300 23,558 15,263 14,524 1,037 1,194 170,196 175,668 (a) 30 2,283 2,693 88 181 2,371 2,874 1,000,000 1 2 1,500,0012,000,000 1 1 2 3 86
8 9,336 3,445 (488) 168 1,380 (616) 10,228 2,997 9 (%) (%) (%) 200 100 100 1 100 100 1 100 100 10,000,000 100 100 407,499,000 100 100 6,866,812 65 65 35 41,532,000 60 60 40 1,000,000 60 60 40 1,000,000 100 100 50,000,000 100 100 50,000,000 100 100 6,000,000 51 51 49 87
9 (a) 19,512,000 22,271,000 20,130,000 20,119,000 51,209 48,184 (27,875) (27,047) 23,334 21,137 28,037 30,207 28,037 30,207 51,371 51,344 88
9 (a) 21,202 14,501 270 (1,250) (47) 223 (1,250) (196) 1,599 27 349 11 140 10 25 25% 40,000,000 89
11 7,254 5,889 (8,792) (7,860) (1,538) (1,971) 12 25%25% 47 436 36,400 47 36,836 47 36,836 90
12 (396,151) (516,753) (97,568) (127,097) 34,280 47,421 (5,035) (10,190) 68,370 90,302 36,400 47 36,836 25%25% 13 (a) (393,523) (552,459) 1,248,200 1,248,200 91
13 (b) 14 81,052 80,993 (18,814) (16,940) 62,238 64,053 64,053 63,609 (1,574) (1,550) (241) 1,994 62,238 64,053 43,629,00024 92
15 428,349 433,178 137,049 38,736 13,819 1,051,131 (112,306) (255,649) (96,754) (29,918) (494,627) 316,043 177,529 40,295 8,818 13,819 556,504 316,043 177,529 40,295 8,818 13,819 556,504 9,882 5,236 1,133 242 342 16,835 14 93 3,559 292 3,427 7,385 (19) (236) (580) (835) 9,844 440 (10,284) (19,428) (23,579) (11,251) (1,748) (56,006) 316,355 159,700 33,500 7,024 7,304 523,883 452,008 447,377 138,351 34,307 7,304 1,079,347 (135,653) (287,677) (104,851) (27,283) (555,464) 316,355 159,700 33,500 7,024 7,304 523,883 316,355 159,700 33,500 7,024 7,304 523,883 (960) (228) (768) (27) (24) (2,007) 118 7,518 2,262 4,031 13,929 (5,803) (380) (6,183) 3,919 7,392 (11,311) (21,003) (24,445) (9,364) (2,518) (57,330) 298,311 142,537 25,083 6,361 472,292 454,194 452,827 134,596 34,851 1,076,468 (155,883) (310,290) (109,513) (28,490) (604,176) 298,311 142,537 25,083 6,361 472,292 208,094,000 93
16 9,421 (9,421) 17 (a) 160,627 181,100 1,392 22,319 (11,189) (10,874) 150,830 192,545 25,200 44,856 (b) 72,440 62,325 (13,579) (6,207) 234,891 293,519 1,569 234,891 291,950 (a) 8,220,000 2,368,000 94
17 90 180 38,691 65,932 47,940 17,885 37,194 63,644 11,148 28,909 25,654 4,730 160,627 181,100 62,807,000 86,409,000 36,838 63,644 11,148 19,491 14,821 3,274 62,807 86,409 11,189,000 10,874,000 11,189,000 10,874,000 356 9,418 10,833 1,456 11,189 10,874 95
17 (10,874) (10,539) (315) (335) (11,189) (10,874) (6,207) (4,182) (7,372) (2,025) (13,579) (6,207) 6 61,674 31,852 3,689 17,349 10,246 35,245 15,261 18,065 6,770 4,670 97,640 107,181 (b) 31,686,000 25,446,000 24 96
18 385,894 407,760 8,913 10,045 503,354 578,743 39,010 48,179 (263,389) (210,244) 673,782 834,483 2.2 244,451,000 244,451,000 210,244,000 1,422,000 17,516,000 357,586,000 405,844,000 19 (a) 9,158,000 10,225,000 (b) 134,445 196,935 97
20 1,248,200 124,820 21 30% 120,000,00010% 98
21 3 2,500,000 (1,100,000) 800,000 2,200,000 3 1,200,000 (1,200,000) 3,700,000 (2,300,000) 800,000 2,200,000 3 6,200,000 (2,800,000) (800,000) 2,600,000 3 200,000 200,000 6,400,000 (2,800,000) (800,000) 2,800,000 10,100,000 (5,100,000) 5,000,000 99
22 i ii iii iii 464,464 74,519 3,866 158,928 94,434 369,855 1,166,066 38,686 38,686 464,464 74,519 3,866 158,928 94,434 408,541 1,204,752 (1,953) (1,953) (3,570) (3,570) 464,464 74,519 1,913 158,928 94,434 404,971 1,199,229 (I) (II) (III) 100
22 464,464 3,866 331,286 109,039 908,655 464,464 3,866 331,286 109,039 908,655 (1,953) (1,953) 464,464 1,913 331,286 109,039 906,702 23 (b) 299,090 262,366 240,511 168,912 (a) 31,988 7,306 18,381 20,733 47,809 183,059 201,721 782,687 699,189 (a) (b) 65,703,000 48,735,000 101
23 0 30 90,782 56,227 31 90 32,204 76,587 90 176,104 129,552 299,090 262,366 24 (a) 20,763 (b) 31,686 25,446 (c) 63,613 52,449 89,059 (a) (b) (c) 30,670,000 30,000,000 6% 57,107,000 37,500,000 57,107,000 37,500,000 31,686,000 25,446,000 251,723,000 6.15% 5%6.15% 5% 102
25 749,109,000416,279,000 468,584,000 340,556,000 285,561,000 198,262,000 97,845 97,845 370,739 370,739 280,525 749,109 468,584 26 27 (396,151) (516,753) 11 (7,254) (5,889) 11 8,792 7,860 15 57,330 56,006 14 1,574 1,550 488 (168) 17 7,687 2,360 18 53,145 210,244 107,556 39,710 57,205 81,734 83,498 52,940 (26,130) (70,406) 103
27 28 24 50,867,000 (a) (b) 22,233 17,910 5,442 6,435 27,675 24,345 29 104
29 (a) 9,892 10,204 974 889 10,866 11,093 (b) 26 394 (c) 4,603 2,558 (d) 1,139 2,315 105
30 (i) 117 26 6 149 1,400 336 40 1,776 (ii) 1,488 197 107 1,792 (iii) 566 3 107 676 (iv) 499 6 107 612 Heriard-Dubreuil Francois 360 360 288 288 Jean-Marie Laborde 360 360 (v) 162 162 360 360 Robert Luc 360 360 (vi) 239 239 288 288 288 288 (vii) 11 11 2,716 4,070 568 367 7,721 (i) (ii) (iii) (iv) (v) (vi) (vii) 106
30 1,500 336 75 1,911 1,400 336 70 1,806 414 9 94 517 Heriard-Dubreuil Francois 360 360 (i) 264 264 (ii) 24 24 Jean-Marie Laborde 360 360 360 360 360 360 Robert Luc 360 360 360 360 288 288 288 288 3,024 3,314 681 239 7,258 (i) (ii) 31 400,000,000 240,000,000 107
669,257 873,700 1,153,700 1,512,199 1,614,610 (396,151) (516,753) (82,861) 10,902 226,320 (47) (36,836) (27,238) (17,003) (69,259) (396,198) (553,589) (110,099) (6,101) 157,061 2,675 1,130 3,317 2,081 1,747 (393,523) (552,459) (106,782) (4,020) 158,808 18,723 76,035 534,530 589,505 624,676 713,645 703,808 1,055,936 1,354,421 1,775,904 1,954,794 2,386,940 (861,145) (814,753) (757,222) (914,982) (1,353,883) (19,512) (22,271) (22,683) (26,000) (26,789) 709,809 1,106,902 1,620,675 1,727,457 1,710,076 108