Winner Medical Co., Ltd.
2020AnnualReport
April 2021
Section 1 Important Notes, Contents, and Definitions
The board of directors, the board of supervisors and directors, supervisors and senior
management of the Company hereby guarantee that no false or misleading statement or
major omission was made to the materials in this report and that they will assume all the
responsibility, individually and jointly, for the authenticity, accuracy and completeness of the
contents of the annual report.
Li Jianquan, the head of the Company, Fang Xiuyuan, the head of accounting work, and Wu
Kezhen, the head of accounting body (accountant in charge), guarantee the authenticity,
accuracy, andcompleteness of the financial report inthe current year report.
All directors of the Company personally attendedthe board meeting for reviewing this report.
The forward-looking contents in this report, such as the future development strategy and
performance planning, are the goals sets by the Company, which are planned matters. The
achievement of the goals depends on many factors, including market change, which is
uncertain. So these contents are not the company's profit forecast for the next year and do not
constitute a substantial commitment of the Company to investors and related parties.
Investors and related parties should be fully aware of related risks and understand the
differences among plans, forecasts, and commitments. Investors are asked to beware of
investment risks!
The Company needs to comply with the disclosure requirements of the No. 17 Guideline of
Shenzhen Stock Exchange for Industry Information Disclosure of Listed Companies Engaging
in Textile and Apparel Business.
Investors are asked to read this report carefully. The main risks that the Company may face
inthe future are described inthe section"Prospect of the Company's Future Development" in
"Discussion and Analysis of Operation" of this report. Investors are asked to beware of the
risks.
The preplanned profit distribution deliberated and approved by the board of directors is as
follows: taking 426,492,308 shares as the radix, the Company will send cash dividends of 18
yuan (tax included) and 0 bonus share (tax included) to all shareholders for every 10 shares,
converting capital reserve into 0 share capital for every 10 shares.
To Shareholders
Dear sh areh o ld ers ,
Greetin g s ! Thirty years ago, we estab lis h ed Winner Medic al with the aim of manufacturing surgical dressin g s . Twelve years ago, we estab lis h ed
Purcotton, dreaming of " p urcotton changes the world". Two years ago, we estab lis h ed PureH2B based on "nature, science, and bodybuilding". Today,
Winner Medical owns three b ran ds : Winner Medical, Purcotton, and PureH2B, and has gradually grown into a health enterprise developing medical
and co ns u mp tio n s ecto rs at the same time.
The year 2020 was both difficult and hopeful for Winner Medical. In the fight ag ain s t the COVID-19 pandemic that is still raging around the world,
Winner Medical, as one of the companies closest to the center of the pandemic and one of the fastest res p on d ers , shouldered its res p o ns ib ility to race
ag ain s t time to save liv es , adhering to its operating principle of "prioritizing quality over profit, brand over speed, and social responsibility over
corporate value".
Allstaff in Winner Medical(Huanggang)'s maskfactories worked for s ev eral month nonstop since before the Spring Fes tiv al; Winner Medical (J iay u )
and Winner Medical (Chongyang) res u med work on the firs t day of the lunar year, all s taff working for several month nonstop; it took only 20 days
for Winner Medical (Chongyang) to increase its daily output of protective s u its from 3,000 pieces to 50,000 pieces.We prioritize s o cial value over
everything else and keep our promis es to provide medical workers and other anti-pandemic workers with high-quality and lo w -co s t anti-pandemic
p ro d u cts . Prioritizing life and health over everything els e and following high s tan d ards and req u iremen ts , we ensured that every move me made work
in the fight ag ain s t the COVID-19pandemic. By the end of December 2020, we had provided nearly 4billion mas ks, more than 86 million protective
s u its, isolation g o wn s , and surgical gowns in the battle ag ain s t the pandemic. Winner Medical has been casting armors for the heroes in harm's way.
In June 2020, Winner Medical was praised by the Joint Prevention and ControlMech an is mof the State Councilas a well -d es erv ed "ordnance factory"
in fighting the pandemic. In September, Winner Medical (Huanggang) was awarded the title of "National Advanced Unit for Fighting the COVID-19
Pandemic" by the CPC Central Committee and the State Council. It is als o the only enterprise awarded with the title in HubeiProvince. The pandemic
will finally end, and Winner Medical will keep making the imposs ib le p o ss ib le.
Opportu