Changyu A：Yantai Changyu Pioneer Wine Co. Ltd. 2015 First Quarter Report Abstract
Shares Code: 000869. 200869 Shares Abbreviation: Changyu A、Changyu B Notice No.: 2015-Final02
Yantai Changyu Pioneer Wine Co. Ltd.
2015 First Quarter Report Abstract
2015-Final 02
April 2015
I. Important Notice
The Board of Directors，the Board of Supervisors，Directors, Supervisors & Senior managersof the Company collectively and individually accept full responsibility for the truthfulness，accuracy and completeness of the information contained in this report and confirm that to the best of their knowledge and belief there are no unfaithful facts, significant omissions or misleading statements.
All directors attended the meeting for deliberating this quarter report.
Mr. Sun Liqiang (Chairman of the Company), Mr. Leng Bin (Chief Financial Officer) and Mr. Jiang Jianxun (Financial Director) assure the truthfulness, accuracy and completeness of the financial report in the annual report.
II、Key financial data and shareholders changing
1. Key financial data
Whether the Company makes retroactive adjustments or restates the accounting data of previous fiscal years.
□ Yes V No
|
Item |
The report period |
The same period of last year |
More or less than last year(%) |
|
Business income (CNY) |
1,825,212,207.00 |
1,508,515,994.00 |
20.99% |
|
Net profit attributed to the shareholders of the listed company (CNY) |
530,248,397.00 |
457,522,651.00 |
15.90% |
|
Net profit attributed to the shareholders of the listed company after deducting the irregular profit and loss (CNY) |
526,745,613.00 |
454,655,350.00 |
15.86% |
|
Net cash flows from the operating activities (CNY) |
697,396,327.00 |
706,507,223.00 |
-1.29% |
|
Basic earnings per share (CNY) |
0.77 |
0.67 |
14.93% |
|
Diluted earnings per share (CNY) |
0.77 |
0.67 |
14.93% |
|
Weighted average for earning rate of the net assets |
7.46% |
6.64% |
0.82% |
|
|
The end of the report period |
The end of last year |
More or less than last year(%) |
|
Total assets (CNY) |
9,719,260,222.00 |
8,912,232,640.00 |
9.06% |
|
Net Assets attributed to the shareholders of the listed company (CNY) |
7,365,209,920.00 |
6,840,452,145.00 |
7.67% |
Details of irregular profit and loss
V Yes □ No
Unit：CNY
|
Item |
From beginning of year to end of report period |
Explanation |
|
Government grants credited in profit and loss (except for those recurring government grants that are closely related to the entity's operation, in line with related regulations and have proper basis of calculation) |
3,411,679.00 |
|
|
Other non-operating income and expenses |
1,061,714.00 |
|
|
Less: Income tax effect |
970,609.00 |
|
|
Total |
3,502,784.00 |
-- |
The reasons shall be made clear and definitely as to the irregular profit and loss that the Company has defined by virtue of the Explanatory Announcement on Public Company’s Information Disclosure No.1 - Irregular Profit and Loss and as to regarding the irregular profit and loss as recurrent profit and loss as specified in the Explanatory Announcement on Public Company’s Information Disclosure No.1 - Irregular Profit and Loss.
□Available V Not available
There is no situation regarding the non-recurring profit and loss as defined and specified in the Explanatory Announcement on Public Company’s Information Disclosure No.1 - Non-recurring Profit and Loss as recurrent profit and loss.
2. The total number of shareholders and top 10 shareholders at the end of the report period
1) The total number of the common shareholders and top 10 common shareholders at the end of the report period
Unit: share
|
Total number of common shareholders |
Total 43,169 28852 Shareholders of A shares 14317 Shareholders of B shares |
||||||||||
|
The top 10 common shareholders |
|||||||||||
|
Name of Shareholders |
Character of shareholders |
Percentage (%) |
Shares held |
Number of restricted shares |
Pledged or frozen |
||||||
|
Share status |
Amount |
||||||||||
|
YANTAI CHANGYU GROUP COMPANY LIMITED |
Domestic non-state-owned legal person |
50.40% |
345,473,856 |
0 |
|
0 |
|||||
|
GAOLING FUND,L.P. |
Foreign shareholder |
3.53% |
24,176,997 |
0 |
|
0 |
|||||
|
BBH BOS S/A FIDELITY FD - CHINA FOCUS FD |
Foreign shareholder |
2.35% |
16,106,326 |
0 |
|
0 |
|||||
|
GIC PRIVATE LIMITED |
Foreign shareholder |
1.45% |
9,913,484 |
0 |
|
0 |
|||||
|
MORGAN STANLEY & CO. INTERNATIONAL PLC |
Foreign shareholder |
0.67% |
4,620,321 |
0 |
|
0 |
|||||
|
NORGES BANK |
Foreign shareholder |
0.66% |
4,511,246 |
0 |
|
0 |
|||||
|
BBH A/C VANGUARD EMERGING MARKETS STOCK INDEX FUND |
Foreign shareholder |
0.56% |
3,846,587 |
0 |
|
0 |
|||||
|
FIDELITY CHINA SPECIAL SITUATIONS PLC |
Foreign shareholder |
0.55% |
3,779,202 |
0 |
|
0 |
|||||
|
FIDELITY FUNDS |
Foreign shareholder |
0.53% |
3,644,429 |
0 |
|
0 |
|||||
|
GREENWOODS CHINA ALPHA MASTER FUND |
Foreign shareholder |
0.52% |
3,588,951 |
0 |
|
0 |
|||||
|
The top 10 common shareholders with unrestricted shares |
|||||||||||
|
Name of Shareholders
|
Number of unrestricted shares held |
Type of share |
|||||||||
|
Type of share |
Amount |
||||||||||
|
YANTAI CHANGYU GROUP COMPANY LIMITED |
345,473,856 |
A share |
345,473,856 |
||||||||
|
GAOLING FUND,L.P. |
24,176,997 |
B share |
24,176,997 |
||||||||
|
BBH BOS S/A FIDELITY FD - CHINA FOCUS FD |
16,106,326 |
B share |
16,106,326 |
||||||||
|
GIC PRIVATE LIMITED |
9,913,484 |
B share |
9,913,484 |
||||||||
|
MORGAN STANLEY & CO. INTERNATIONAL PLC |
4,620,321 |
B share |
4,620,321 |
||||||||
|
NORGES BANK |
4,511,246 |
B share |
4,511,246 |
||||||||
|
BBH A/C VANGUARD EMERGING MARKETS STOCK INDEX FUND |
3,846,587 |
B share |
3,846,587 |
||||||||
|
FIDELITY CHINA SPECIAL SITUATIONS PLC |
3,779,202 |
B share |
3,779,202 |
||||||||
|
FIDELITY FUNDS |
3,644,429 |
B share |
3,644,429 |
||||||||
|
GREENWOODS CHINA ALPHA MASTER FUND |
3,588,951 |
B share |
3,588,951 |
||||||||
|
The explanation for the associated relationship and accordant action of the top 10 shareholders |
Among the top 10 shareholders, Yantai Changyu Group Company Limited has no associated relationship or accordant action relationship with the other 9 listed shareholders, and the relationship among the other shareholders is unknown. |
||||||||||
|
Explanation for the top 10 common shareholders who involved in financing activities and stock trading business(if any) |
No |
||||||||||
Whether or not the Company’s top 10 common shareholders and top 10 common shareholders with unrestricted shares promise to buy back trading during the report period
□ Yes √ No
There is no top 10 common shareholders and top 10 common shareholders with unrestricted shares in the Company promise to buy back trading during the report period.
2) The total number of the preferred shareholders and top 10 preferred shareholders at the end of the report period
□Available V Not available
III Major Issue
1. The Great Change and Reasons on Main Accountant Data and Financial Index
√Available □Not available
Compared the end of the report period with the beginning of the report period, monetary capital increases by 37.51%, mainly due to the increased returned sales money; notes receivable increases by 241.38%, mainly due to the growth on bank acceptances; account receivables increases by 30.34%, mainly due to the expansion of Company’s direct-selling business and increase of clients’ sales amount on credit; interest receivable increases by 37.33%, mainly due to increased interest receivables on deposit; advance payment increases by 75.27%, mainly due to the growth of advances on sales from clients. During the report period, sales revenue increases by 20.99% on a year-on-year basis, mainly due to increased sales volume of products, especially middle-end dry wine products; selling expense increases by 26.93% on a year-on-year basis, mainly due to the expansion of direct-selling business; financial expense increases by 40.85% on a year-on-year basis, mainly due to the decline in the income of interest on deposit.
2. Analysis explanation of the major issue’s process, its influence and the solution
□Available V Not available
3. The commitments of the Company or shareholders of the Company holding more than 5% in the report period or until the report period
√available □not available
|
Commitments |
Commitment Party |
Commitment content |
Commitment time |
Commitment period |
Implementation |
|
Commitments at share reform |
- |
－ |
|
|
|
|
Commitments made in acquisition report or equity changes report |
- |
- |
|
- |
- |
|
Commitments at asset restructuring |
- |
- |
|
- |
- |
|
Commitments at the initial public offering or refinancing |
Yantai Changyu Group Co., Ltd
|
Non Intra-industry competition |
1997.05.18 |
Permanent |
Has been performed |
|
According to "Trademark License Contract", the Company will pay trademark royalty for the "Changyu"products of Yantai Changyu Group Co., Ltd every year, Yantai Changyu Group Co., Ltd will use trademark to advertise Changyu trademarks and the Contract products. |
1997.05.18 |
Forever |
Has been performed |
||
|
Commitments made to the minority shareholders of the Company |
- |
- |
|
- |
- |
|
Commitment under timely implementation or not |
Yes |
||||
|
Specific reasons of not completing the implementation and the next step |
No |
||||
4. Forecast on the operating performance in the period from January to June of 2015
Warning and explanation for the estimation on the possible loss of cumulative net profit in the period from the beginning of this year to the end of the next report period or the great change comparing with same period of last year.
□Available V Not available
5. The situation of security investment
□Available V Not available
There is no security investment during the report period.
6. Explanation for the situation of holding other listed company’s shareholding
□Available V Not available
There is no holding other listed company’s shareholding during the report period.
7. The situation of derivative investment
□Available V Not available
There is no derivative investment during the report period.
8. The activities registration form of receptions, communication and interview etc. during the report period
□Available V Not available
There is no activities of receptions, communication and interview etc. during the report period.
Yantai Changyu Pioneer Wine Co. Ltd.
Board of Directors
30thApril 2015