China Automation : (007) 2017 Annual Report (Eng)

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CONTENTS

2 Company Profile

4 Chairman's Statement

9 Management Discussion and Analysis

17 Investor Relations Report

18 Directors and Senior Management's Biographies

21 Directors' Report

29 Corporate Governance Practices

1. Environment, Social and Governance Report

1. Independent Auditor's Report

1. Consolidated Statement of Profit or Loss and
2. • Other Comprehensive Income

1. Consolidated Statement of Financial Position

1. Consolidated Statement of Changes in Equity
2. Consolidated Statement of Cash Flows

1. Notes to the Consolidated Financial Statements

1. Financial Summary
2. Corporate Information

COMPANY

PROFILE

China Automation Group Limited (the "Company") was established in 1999 and listed on the Main Board of The Stock Exchange of Hong Kong Limited (the "Stock Exchange") on 12 July 2007. The Company and its subsidiaries (collectively referred to as the "Group") specialise in providing safety and critical control systems and control valves mainly for the petrochemical industries. The Group is the largest integrated solution provider of safety and critical control systems in the petrochemical industry as well as the largest domestic manufacturer of control valves in the People's Republic of China (the "PRC").

In view of the promising prospect of the healthcare services industry in China, the Group had acquired 60% of the total issued share capital of Etern Group Limited, an investment holding company holding 98% equity interest in Yongding Hospital Company Limited, which is principally engaged in hospital business in Suzhou, China in July 2017.

In order to further enhance growth potential of the Group and maximise shareholders' value, the Group may consider making further investments in the healthcare services sector should suitable opportunities arise.

2 China Automation Group Limited

ANNUAL REPORT 2017

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