China Communications Services Corporation Limited Annual Report 2015 - page 58

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China Communications Services Corporation Limited Annual Report 2015
REPORT OF THE DIRECTORS
The board of directors (the “Board”) of China Communications Services Corporation Limited (the “Company”) is pleased to
present the Report of the Directors of the Company, together with the audited financial statements of the Company and its
subsidiaries (the “Group”) prepared in accordance with International Financial Reporting Standards for the year ended 31
December 2015.
PRINCIPAL BUSINESSES
The Group is a leading service provider in the PRC that provides integrated support services in the field of informatization. We
offer telecommunications infrastructure services, including design, construction and project supervision and management;
business process outsourcing services, including management of infrastructure for information technology (“network
maintenance”), distribution of telecommunications services and products (“distribution”) and general facilities management
(“facilities management”); and applications, content and other services, including system integration, software development and
system support, and value-added services. The major customers of the Group include domestic telecommunications operator
customers, domestic non-operator customers such as government agencies, industrial customers and small and medium
enterprises, and overseas customers.
RESULTS
Results of the Group for the year ended 31 December 2015 and the financial position of the Group as at that date are set out in
the audited financial statements on page 94 to page 170 in this annual report.
BUSINESS REVIEW
A fair review of the business, business outlook and the key financial performance indicators of the Group are provided in the
“Chairman’s Statement”, “President’s Statement”, “Business Overview” and “Management Discussion and Analysis of Financial
Conditions and Results of Operations” of this annual report. Description of the principal risks and uncertainties faced by the
Group has been disclosed in this section. Particulars of important events affecting the Group that have occurred since the end of
the financial year of 2015, if applicable, can also be found in the aforesaid sections.
In addition, more details regarding the Group’s performance in relation to environmental and social-related policies, an account
of the Group’s relationships with its key stakeholders, as well as compliance with relevant laws and regulations which have a
significant impact on the Group, are provided in the “Environmental, Social and Governance Report” of this annual report.
The above discussion forms part of this Directors’ Report.
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