Annual Report 2020

REPORT OF THE DIRECTORS 董事會報告書 110 SHOUGANG CONCORD CENTURY HOLDINGS LIMITED 首長寶佳集團有限公司 關連人士交易 （續） 關連交易－根據特定授權發行可換股債券 （續） 於二零二零年十二月三十一日，本集團已根據 本公司日期為二零一九年一月十一日之通函所 載擬議用途將上述所得款項全部動用。 酬金政策 本集團僱員之薪酬主要根據僱員之價值、資 格、能力以及業界當時市場狀況而釐訂。彼等 之酬金包括酌情發放之花紅，一般會每年予以 檢討。董事之酬金乃由薪酬委員會參照董事之 個人表現、公司之業績表現及盈利狀況、亦以 業界指標及當時市場狀況而定。 此外，本公司採納一項購股權計劃作為給予董 事及合資格人士╱合資格承授人之獎勵╱報 酬，有關該計劃之資料載列於綜合財務報告附 註 36 。 足夠公眾持股量 根據本公司從公開途徑所得之資料及據董事所 知，本公司於本年度及於本年報刊發前最後實 際可行日期，一直維持上巿規則所規定之足夠 公眾持股量。 主要客戶與供應商 於本年度回顧，本集團銷售予首五大客戶之 營業額，約佔本年度本集團總營業額之 46.0% （二零一九年： 52.0% ），其中銷售予最大客戶 的營業額約佔本年度本集團總營業額之 13.0% （二零一九年： 15.6% ）。 本集團向首五大供應商作出之採購，約佔本 年度本集團總採購額之 46.6% （二零一九年： 50.8% ），其中向最大供應商作出之採購額約 佔本年度本集團總採購額之 16.0% （二零一九 年： 15.5% ）。 RELATED PARTY TRANSACTIONS (continued) Connected Transaction – Issue of Convertible Bonds under Specific Mandate (continued) As at 31 December 2020, the Group had fully utilised the aforesaid proceeds according to the proposed usage as set out in the circular of the Company dated 11 January 2019. EMOLUMENT POLICY The emolument policy regarding the employees of the Group is based on their merit, qualifications and competence as well as the prevailing market condition of the industry. Remuneration packages, which include an element of discretionary bonuses, are generally reviewed annually. The emoluments of the Directors are decided by the remuneration committee, having regard to individual performance, the Company’s performance and profitability, remuneration benchmark in the industry and prevailing market condition. In addition, the Company has adopted a share option scheme as incentive/reward to Directors and eligible participants/qualifying grantees, details of the scheme are set out in note 36 to the consolidated financial statements. SUFFICIENCY OF PUBLIC FLOAT Based on information that is publicly available to the Company and within the knowledge of the Directors, the Company has maintained sufficient public float as required under the Listing Rules during the year and as at the latest practicable date prior to the issue of the annual report. MAJOR CUSTOMERS AND SUPPLIERS For the year under review, the revenue from sales to the Group’s five largest customers accounted for approximately 46.0% (2019: 52.0%) of total revenue of the Group and the revenue from sales to the largest customer included therein amounted to approximately 13.0% (2019: 15.6%) of total revenue of the Group. Purchases from the Group’s five largest suppliers accounted for approximately 46.6% (2019: 50.8%) of total purchases of the Group for the year and purchases from the largest supplier, included therein amounted to approximately 16.0% (2019: 15.5%) of total purchases of the Group for the year.