Changchai Company, Limited Interim Report 2023 (Summary)
Stock Code: 000570, 200570 Stock Name: Changchai, Changchai-B Announcement No. 2023-057
CHANGCHAI COMPANY, LIMITED
INTERIM REPORT 2023 (SUMMARY)
Part I Important Notes
This Summary is based on the full Interim Report of Changchai Company, Limited (together with its consolidated
subsidiaries, the “Company”, except where the context otherwise requires). In order for a full understanding of the
Company’s operating results, financial condition and future development plans, investors should carefully read
the aforesaid full text, which has been disclosed together with this Summary on the media designated by the China
Securities Regulatory Commission (the “CSRC”).
All the Company’s directors have attended the Board meeting for the review of this Report and its summary.
Independent auditor’s modified opinion:
□ Applicable Not applicable
Board-approved interim cash and/or stock dividend plan for ordinary shareholders:
□ Applicable Not applicable
The Company has no interim dividend plan, either in the form of cash or stock.
Board-approved interim cash and/or stock dividend plan for preference shareholders:
□ Applicable Not applicable
This Report and its summary have been prepared in both Chinese and English. Should there be any discrepancies
or misunderstandings between the two versions, the Chinese versions shall prevail.
Part II Key Corporate Information
1. Stock Profile
Changchai,
Stock name Stock code 000570, 200570
Changchai-B
Stock exchange Shenzhen Stock Exchange
Contact information Board Secretary Securities Representative
Name He Jianjiang
123 Huaide Middle Road,
Office address
Changzhou, Jiangsu, China
Tel. （86）519-68683155
E-mail address cchjj@changchai.com
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Changchai Company, Limited Interim Report 2023 (Summary)
2. Key Financial Information
Indicate by tick mark whether there is any retrospectively restated datum in the table below.
□ Yes No
H1 2023 H1 2022 Change (%)
Operating revenue (RMB) 1,350,517,639.85 1,178,222,492.04 14.62%
Net profit attributable to the listed
131,937,324.66 -14,595,269.61 ——
company’s shareholders (RMB)
Net profit attributable to the listed
company’s shareholders before 5,825,543.98 -5,809,360.07 ——
exceptional gains and losses (RMB)
Net cash generated from/used in operating
-104,796,816.75 -74,300,501.12 ——
activities (RMB)
Basic earnings per share (RMB/share) 0.1870 -0.0207 ——
Diluted earnings per share (RMB/share) 0.1870 -0.0207 ——
Weighted average return on equity (%) 3.93% -0.48% 4.41%
30 June 2023 31 December 2022 Change (%)
Total assets (RMB) 5,559,083,368.07 5,219,359,853.42 6.51%
Equity attributable to the listed company’s
3,485,429,025.82 3,284,710,665.90 6.11%
shareholders (RMB)
3. Shareholders and Their Holdings as at the end of the Reporting Period
Unit: share
Number of preference
Number of ordinary shareholders 51,091 shareholders with resumed 0
voting rights (if any)
Top 10 shareholders
Shares in
pledge,
Name of Nature of Shareholding marked or
Number of shares Restricted shares frozen
shareholder shareholder percentage
Shar
Status
es
Changzhou
State-owned
Investment Group 32.26% 227,663,417 56,818,181
legal person
Co., Ltd
Domestic
Chen Jian natural 0.65% 4,580,300
person
KGI ASIA Foreign
0.44% 3,101,695
LIMITED legal person
Huatai Securities State-owned
0.38% 2,667,721
Co., Ltd. legal person
China Minsheng
Bank-Goldstate
Yuanqi Dynamic
Asset Allocation Other 0.27% 1,880,000
Mixed Type
Securities
Investment Fund
Domestic
Li Suinan 0.23% 1,591,300
natural
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Changchai Company, Limited Interim Report 2023 (Summary)
person
Domestic
Huang Guoliang natural 0.22% 1,528,891
person
Domestic
Xue Hong natural 0.21% 1,516,900
person
Domestic
Xu Qingguo natural 0.21% 1,500,300
person
Bank of China
Co., Ltd.-GFund
Quantified
Other 0.21% 1,456,200
Multifactor
Equity Securities
Investment Fund
It is unknown whether there is among the top 10 public shareholders and
Related or acting-in-concert
the top 10 unrestricted public shareholders any related parties or acting-in-
parties among the shareholders
concert parties as defined in the Administrative Measures for Information
above
Regarding Shareholding Alteration.
Shareholders involved in Shareholder Chen Jian held 2,917,800 shares in the Company through his
securities margin trading (if any) margin account.
4. Change of the Controlling Shareholder and the De Facto Controller in the Reporting Period
Change of the controlling shareholder in the Reporting Period:
□ Applicable Not applicable
The controlling shareholder remained the same in the Reporting Period.
Change of the de facto controller in the Reporting Period:
□ Applicable Not applicable
The de facto controller remained the same in the Reporting Period.
5. Number of Preference Shareholders and Shareholdings of Top 10 of Them
□ Applicable Not applicable
No preference shareholders in the Reporting Period.
6. Outstanding Bonds at the Date when this Report Was Authorized for Issue
□ Applicable Not applicable
Part III Significant Events
1. Expropriation of the Wuxing branch company’s properties on state-owned land and compensation
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Changchai Company, Limited Interim Report 2023 (Summary)
On 25 May 2023, the Proposal on the Intention to Sign the Agreement on the Expropriation of the Properties of
the Wuxing Branch Company on State-owned Land in Changzhou City and the Compensation was approved at
the 17th Meeting of the Ninth Board of Directors. Later, the said matter was approved at the First Extraordinary
General Meeting of Shareholders in 2023 dated 12 June 2023. As such, the Company was agreed to sign a
contract with Changzhou Zhonglou District Housing and Urban-Rural Development Bureau on the
expropriation of the Wuxing branch company’s properties on state-owned land and the compensation, with the
contractual total compensation amount being RMB117 million. On 14 June 2023, the Company signed the
Agreement on the Expropriation of the Properties of the Wuxing Branch Company on State-owned Land in
Changzhou City and the Compensation with Changzhou Zhonglou District Housing and Urban-Rural
Development Bureau, and received the first compensation payment of RMB70 million on 28 June 2023.
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