Trigiant : (005) Annual report 2015 (Eng)

TRIGIANT‌‌‌‌‌‌‌‌‌‌‌‌‌

TRIGIANT GROUP LIMITED

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-(llelllfl - (Incorporated in the Cayman Islands with limited liability) Stock Code: 1300

Annual Report 2015

• For identification purposes only

Contents

Corporate Information 2

Corporate Profile 3

Chairman's Statement 5

Financial Highlights 8

Management Discussion and Analysis 10

Directors and Senior Management Profile 20

Corporate Governance Report 25

Directors' Report 31

Independent Auditor's Report 47

Consolidated Statement of Profit or Loss and

Other Comprehensive Income 49

Consolidated Statement of Financial Position 50

Consolidated Statement of Changes in Equity 51

Consolidated Statement of Cash Flows 52

Notes to the Consolidated Financial Statements 54

Financial Summary 108

Corporate Information

EXECUTIVE DIRECTORS

Qian Lirong (Chairman)

Jiang Wei (Group chief executive officer)

NON-EXECUTIVE DIRECTOR

Fung Kwan Hung

INDEPENDENT NON-EXECUTIVE DIRECTORS

Professor Jin Xiaofeng Poon Yick Pang Philip Ng Wai Hung

Jia Lina

AUDIT COMMITTEE

Poon Yick Pang Philip (Chairman)

Professor Jin Xiaofeng Ng Wai Hung

Jia Lina

REMUNERATION COMMITTEE

Ng Wai Hung (Chairman)

Jiang Wei

Poon Yick Pang Philip

NOMINATION COMMITTEE

Professor Jin Xiaofeng (Chairman)

Poon Yick Pang Philip Jia Lina

CORPORATE GOVERNANCE COMMITTEE

Jiang Wei (Chairman) Poon Yick Pang Philip Ng Wai Hung

COMPANY SECRETARY

Leung Siu Kei

AUTHORISED REPRESENTATIVES

Qian Lirong Leung Siu Kei

Poon Yick Pang Philip (alternate to Qian Lirong)

REGISTERED OFFICE

Cricket Square Hutchins Drive

P.O. Box 2681

Grand Cayman, KY1-1111 Cayman Islands

PRINCIPAL PLACE OF BUSINESS IN HONG KONG

Room 1801, 18/F Tai Tung Building 8 Fleming Road Wanchai

Hong Kong

HEADQUARTER AND PRINCIPAL PLACE OF BUSINESS IN THE PEOPLE'S REPUBLIC OF CHINA

No. 1 Junzhi Road

Industrial Park for Environmental Protection Science & Technology

Yixing City Jiangsu Province PRC

COMPANY WEBSITE

www.trigiant.com.hk

HKEX STOCK CODE

1300

INVESTOR RELATIONS

Trigiant Group Limited Email: [e-mail]

DLK Advisory Limited (as the Company's investor relations consultant)

Email: [e-mail]

AUDITOR

Deloitte Touche Tohmatsu

Certified Public Accountants

LEGAL ADVISER

Leung & Lau (as to Hong Kong laws)

PRINCIPAL BANKERS

Industrial and Commercial Bank of China Agricultural Bank of China

Bank of China

China Construction Bank Bank of Communication China Citic Bank

Bank of JiangSu HSBC

OCBC Bank

PRINCIPAL SHARE REGISTRAR AND TRANSFER OFFICE IN THE CAYMAN ISLANDS

Codan Trust Company (Cayman) Limited Cricket Square

Hutchins Drive

P.O. Box 2681

Grand Cayman, KY1-1111 Cayman Islands

HONG KONG BRANCH SHARE REGISTRAR AND TRANSFER OFFICE

Tricor Investor Services Limited Level 22, Hopewell Centre 183 Queen's Road East

Hong Kong

02 Trigiant Group Limited • Annual Report 2015

Corporate Profile

Trigiant Group Limited ("Company") and its subsidiaries (collectively the "Group") is one of the leading manufacturers in the People's Republic of China ("PRC") engaged in research, development and sales of feeder cable (formerly known as Radio Frequency (RF) coaxial cable) series, optical fibre cable series and related products, flame-retardant flexible cable series, new-type electronic components and other accessories for mobile communications and telecommunications transmission.

The Group is established based on the solid foundation of its expertise in manufacturing and sales of feeder cable series. Since inception, the Group has dedicated its effort to broaden its market segments and customer base within the telecommunication industry. In 2010, the Group introduced its new product series - flame-retardant flexible cable series, which was well received by its customers. Further in late 2014, the Group acquired a fast-growing optical fibre cable manufacturer, namely Jiangsu Trigiant Optic-Electric Communication Co., Ltd., where the Group owns 65.0% effective interest, so as to further broaden its product portfolio within the telecommunication industry.

The Group's trademark "俊知技術 TRIGIANT " is well established in the industry and has been named "China

Famous Trademark" (中國馳名商標) by the Trademark Office of the State Administration for Industry and Commerce of the PRC.

Key customers of the Group include the three major telecommunications operators, namely China Mobile Communications Corporation* (中國移動通信集團公司), China United Network Communications Limited* (中國聯合網 絡通信有限公司) and China Telecommunications Corporation* (中國電信集團公司), as well as China Tower Corporation Limited* (中國鐵塔股份有限公司) and major telecommunications equipment manufacturers, including Huawei Technologies Co., Ltd and ZTE Kangxun Telecom Company Limited* (深圳市中興康訊電子有限公司), a subsidiary of ZTE

Corporation.

* For identification only

Trigiant Group Limited • Annual Report 2015 03