Annual Report 2021

HOP FUNG GROUP HOLDINGS LIMITED • Annual Report 2021 124 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED) 綜合財務報表附註（續） FOR THE YEAR ENDED 31ST DECEMBER, 2021 截至二零二一年十二月三十一日止年度 14. 物業、廠房及設備 （續） 上述物業、廠房及設備項目（在建工程 除外）以直線法按以下年率折舊： 中國廠房 4% 或土地部分之餘下 租期（以較短者為準） 租賃土地 及樓宇 4% 或土地部分之餘下 租期（以較短者為準） 租賃物業裝修 20% 傢俬、裝置及 辦公室設備 10% 廠房、機器 及設備 3 1 / 3 %–33 1 / 3 % 汽車 20% 減值評估 於截至二零二一年十二月三十一日止年 度，因考慮廠房所在禁燃區的當地政府 環保政策，本集團廠房的三台燃煤鍋爐 的牌照年審於二零二一年十月中到期後 被延期。本公司自二零二一年十月起已 暫時停止廠房之生產營運。本公司董事 認為，箱板紙分部暫時停產並無違反任 何法例或規例，惟屬於本集團自願採取 之行動。於暫時停產期間，本集團繼續 就燃煤鍋爐牌照年審程序與當地政府協 調以恢復生產，並同時恢復本集團管理 層於去年取消進行根據當地政府之環保 政策將燃煤鍋爐改用燃氣鍋爐的項目， 乃考慮到本集團已重續燃煤鍋爐的牌 照、燃煤鍋爐能達到廣東省政府所設立 相關政策所規定的超低排放標準，及參 考法律意見後認為當地政府有關禁燃區 的環保政策於當時並無效及不適用於本 集團，亦無法例或規例就現有燃煤鍋爐 改用清潔能源有具體的時間表。於二零 二一年十二月三十一日，本集團已承諾 開展燃煤鍋爐改用燃氣鍋爐項目。截至 本綜合財務報表獲准刊發之日，本集團 已聘請供應商並簽訂合約，以進行改用 燃氣鍋爐工程項目，並協助本集團完成 鍋爐牌照年審程序。本公司董事預計將 於二零二三年完成改用燃氣鍋鑪工程， 並成功取得相關政府當局批准重續牌照 以使箱板紙分部恢復生產。 14. PROPERTY, PLANT AND EQUIPMENT (Continued) The above items of property, plant and equipment, other than construction in progress, are depreciated on a straight-line basis at the following rates per annum: Factory premises in the PRC 4% or remaining lease term of the land element, if shorter Leasehold land and buildings 4% or remaining lease term of the land element, if shorter Leasehold improvements 20% Furniture, fixtures and office equipment 10% Plant, machinery and equipment 3 1 / 3 % - 33 1 / 3 % Motor vehicles 20% Impairment assessment During the year ended 31st December, 2021, the annual inspection of the licences of three coal-fuel boilers of a factory of the Group expired in mid-October 2021 have been delayed due to the consideration of the environmental policies of the local government regarding the prohibited zone where the factory is located. The Company has temporarily suspended the production operation of the factory since October 2021. The directors of the Company consider that the temporary suspension of production relating to the containerboard segment was not due to any violation of laws or regulations, but in itself a voluntary action taken by the Group. During the period of temporary suspension of production, the Group continues to coordinate with the local government for the annual inspection procedures of the licences for the coal-fuel boilers to resume production and in parallel to resume the project to change its boilers from coal-fuel boilers to gas-fuel boilers pursuant to the environmental policies of the local government that was cancelled by the management of the Group in last year considering the fact that the Group has renewed the licences of the coal-fuel boilers, the coal-fuel boilers have met the ultra-low emission standards as required by the relevant policies set by the government of the Guangdong Province, and, with reference to legal advice, the environmental policies of the local government regarding the prohibited zone was invalid and not applicable to the Group at that time and no law or regulations having concrete timetable for existing coal-fuel boiler to change to use clean energy. As at 31st December, 2021, the Group has committed to the project for the change from coal-fuel boilers to gas-fuel boilers. Up to the date these consolidated financial statements are authorised for issue, the Group has engaged a supplier and entered into a contract to carry out the project for the works to change to gas-fuel boilers and assist the Group in completing the annual inspection procedures of the licences for the boilers. The directors of the Company expect the works to change to gas-fuel boilers will be completed and the approval from the relevant government bureau for the renewal of licences will be obtained in order to resume the production relating to the containerboard segment in 2023.