may lower farm income and 4) on going high level of household debt limiting household consumptions. Meanwhile, in the auto industry, the total number of car sales for the first five months of 2019 still
partners, particularly China which may impose risks to exports growth 2) political uncertainties which may impact investments and consumptions 3) risks of drought which may lower farm income and 4) on going
level of household debt while inflation remains at a low level. Other key risks that need to be monitored are the slowdown in global economy especially the Chinese economy, lower than expected growth in
household debt including lower household income especially in the non-farm sector limiting household consumptions. Meanwhile, in the auto industry, the total number of car sales for the first eight months of
debt including lower household income especially in the non-farm sector limiting household consumptions. Meanwhile, in the auto industry, the total number of car sales for the first 9 months of 2019
penetrate second-tier cities nationwide. Launched the first WINNER store 3 Q3/2019 Significant Events Continuous expansion of ‘Younique Customized Furniture 4.0’ After receiving excessive positive feedback
an order of sacks, printed sacks or gravure sacks as well, and is a product that is not very complicated. This type of products are regularly produces by the factory which will help in waste controls
its partners do the same. At the same time, the Group seeks to help accelerate the transition to a lower carbon use and more resilient future in general by supporting initiatives beyond its operational
particular board structure and the term “board” as used in the Principles is meant to embrace the different national models of board structures. In the typical two-tier system, found in some countries, “board
also relevant to non-listed companies which aspire to adopt high standards of corporate governance practice. The Principles are relevant to all types of board structure including one-tier and two-tier