新希望：2021年年度报告全文（英文版）.PDFVIP

202 1 Annual Report of New Hope Liuhe Co., Ltd New Hope Liuhe Co., Ltd 2021 Annual Report 2022-44 April 2022 1 202 1 Annual Report of New Hope Liuhe Co., Ltd Section 1 Important note, table of contents and definitions The board of directors, board of supervisors, directors, supervisors and senior executives of the company warrant that the contents of this annual report are true, accurate and complete and free of any false recordings, misleading statements or significant omissions and will be jointly and severally liable for the legal consequences. The company’s CEO Liu Chang, chief accountant Chen Xingyao and person in charge of accounting organization (accountant in charge) Chen Jing state that the financial report in the annual report is true, accurate and complete. All directors of the company attended the board meeting deliberating this report. The company is required to comply with disclosure requirements for livestock, poultry and aquaculture industries in the “Self-regulatory Guideline No.3 of Shenzhen Stock Exchange for Listed Companies—Industry Information Disclosure”. I. Epidemic and natural disaster risks The animal epidemic disease is the main risk faced in the development of livestock industry. There are three kinds of risks arising out of the occurrence of epidemic disease. First, the occurrence of epidemic disease is likely to result in death of livestock, reduction in yield, rising costs and drop in prices. Second, the occurrence and prevalence of epidemic disease on a large scale easily influence the consumer psychology, lead to shrinking downstream market demands, and also affect the feed production