2018 the Third Quarter Report Main Body of Yantai Changyu Pioneer Wine Co., Ltd.
Shares Code: 000869、200869 Shares Abbreviation: Changyu A、Changyu B Notice No.: 2018-Final04
Yantai Changyu Pioneer Wine Co. Ltd.
2018 the Third Quarter Report Main Body
2018-Final 04
October 2018
1
2018 the Third Quarter Report Main Body of Yantai Changyu Pioneer Wine Co., Ltd.
I. Important Notice
The board of directors，the board of supervisors，directors, supervisors & senior managers
of 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. Zhou Hongjiang (Person in charge of the company) and Mr. Jiang Jianxun (Person in
charge of accounting and accounting organ, also Financial Director) assure the truthfulness,
accuracy and completeness of the financial statements in the quarter report.
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2018 the Third Quarter Report Main Body of Yantai Changyu Pioneer Wine Co. Ltd.
II、Corporate Information
1. Key accounting data and financial indicators
Whether the Company makes retroactive adjustments or restates the accounting data of previous
fiscal years.
□ Yes V No
The end of the The end of last year More or less than
report period last year (%)
Total assets (CNY) 12,907,492,685 12,536,755,208 2.96%
Net Assets attributed to the 9,340,814,814 8,906,342,299 4.88%
shareholders of the listed
company (CNY)
More or
From beginning of
More or less than less than
The report period year to end of report
last year (%) last year
period
(%)
Business income (CNY) 1,032,328,986 0.14% 3,860,559,050 1.65%
Net profit attributed to the 133,916,250 -8.35% 769,753,655 -5.69%
shareholders of the listed
company (CNY)
Net profit attributed to the 110,520,695 -20.39% 717,199,414 -9.27%
shareholders of the listed
company after deducting the
irregular profit and loss (CNY)
Net cash flows from the -- -- 776,840,794 -3.69%
operating activities (CNY)
Basic earnings per share (CNY) 0.20 -4.76% 1.12 -5.88%
Diluted earnings per share 0.20 -4.76% 1.12 -5.88%
(CNY)
Weighted average for earning 1.43% -0.25% 8.35% -1.21%
rate of the net assets
Details of irregular profit and loss
V Yes □ No
Unit：CNY
From beginning of year
Item Explanation
to end of report period
Gain on disposal of non-current assets, including
-76,376
the reversal of accrued impairment provision
Government grants credited in profit and loss
(except for those recurring government grants
that are closely related to the entity's operation, 66,841,126
in line with related regulations and have proper
basis of calculation)
Other non-operating income and expenses 2,950,317
Less: Income tax effect 17,083,755
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2018 the Third Quarter Report Main Body of Yantai Changyu Pioneer Wine Co. Ltd.
Minority interests effect(after-tax) 77,071
Total 52,554,241 --
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 number of the common shareholders and preferred shareholders with recovered voting
power as well as the shareholding of top 10 shareholders
Unit: share
39,225 (20,581of Stock Total number of preferred 0
Total number of common
A and 18,644 of Stock B shareholders with recover
shareholders at the end of report
ed voting power at the en
period
d of report period
The top 10 common shareholders
Number Pledged or
of frozen
Character of Percentage
Name of Shareholders Shares held restricte
shareholders (%) Share Amo
d
status unt
shares
Domestic non-
YANTAI CHANGYU GROUP
state-owned 50.40% 345,473,856 0 -- 0
COMPANY LIMITED
legal person
Foreign legal
GAOLING FUND,L.P. 3.08% 21,090,219 0 -- 0
person
CHINA SECURITIES FINANCE State-owned
2.25% 15,440,794 0 -- 0
CORP legal person
BBH BOS S/A FIDELITY FD - Foreign legal
2.22% 15,241,826 0 -- 0
CHINA FOCUS FD person
SHENWAN HONGYUAN Foreign legal
SECURITIES(HONGKONG) person 1.27% 8,685,618 0 -- 0
LIMITED
TAIKANG LIFE INSURANCE Others
COMPANY LIMITED – UNITED
1% 6,887,535 0 -- 0
LINKED – INDUSTRIES
ALLOCATION
FIDELITY PURITAN TRUST: Foreign legal
FIDELITY SERIES INTRINSIC person 0.89% 6,100,762 0 -- 0
OPPORTUNITIES FUND
TAIKANG LIFE INSURANCE Others
0.84% 5,740,737 0 -- 0
COMPANY LIMITED ---
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2018 the Third Quarter Report Main Body of Yantai Changyu Pioneer Wine Co. Ltd.
DIVIDEND ---PERSONAL
INSURANCE DIVIDEND ---
019L---FH002SHEN
GUOTAI JUNAN Foreign legal
SECURITIES(HONGKONG) person 0.73% 5,038,107 0 -- 0
LIMITED
CENTRAL HUIJIN ASSET State-owned
0.69% 4,761,200
MANAGEMENT LTD. legal person
The top 10 common shareholders with unrestricted shares
Name of Shareholders Number of Type of share
unrestricted Type of Amount
shares held share
YANTAI CHANGYU GROUP COMPANY LIMITED 345,473,856 A share 345,473,856
GAOLING FUND,L.P. 21,090,219 B share 21,090,219
CHINA SECURITIES FINANCE CORP 15,440,794 A share 15,440,794
BBH BOS S/A FIDELITY FD - CHINA FOCUS FD 15,241,826 B share 15,241,826
SHENWAN HONGYUAN SECURITIES(HONGKONG) B share
8,685,618 8,685,618
LIMITED
TAIKANG LIFE INSURANCE COMPANY LIMITED – A share
6,887,535 6,887,535
UNITED LINKED – INDUSTRIES ALLOCATION
FIDELITY PURITAN TRUST: FIDELITY SERIES B share
6,100,762 6,100,762
INTRINSIC OPPORTUNITIES FUND
TAIKANG LIFE INSURANCE COMPANY LIMITED -- A share
- DIVIDEND ---PERSONAL INSURANCE DIVIDEND - 5,740,737 5,740,737
-- 019L---FH002SHEN
GUOTAI JUNAN SECURITIES(HONGKONG) B share
5,038,107 5,038,107
LIMITED
CENTRAL HUIJIN ASSET MANAGEMENT LTD. 4,761,200 A share 4,761,200
Among the top 10 shareholders, Yantai Changyu Group
The explanation for the associated
Company Limited has no associated relationship or accordant
relationship and accordant action
action relationship with the other 9 listed shareholders, and the
of the top 10 shareholders
relationship among the other shareholders is unknown.
Explanation for the top 10
common shareholders who
No
involved in financing activities
and stock trading business(if any)
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 are 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
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2018 the Third Quarter Report Main Body of Yantai Changyu Pioneer Wine Co. Ltd.
III Major Issue
1. Great changes and reasons on main accountant data and financial index
√Available □Not available
Compared the end of the report period with the beginning of the year, accounts receivable decreases
by 17.8%, mainly due to the recovery of previous goods payment; advance payment increases by
49.29%, mainly due to the growth of advance payment for packaging material; other account
receivable decreases by 32.93%, mainly due to the recovery of partial cash deposit paid in earlier
stage and investment amount of minority shareholders; other current assets increases by 48.53%,
mainly due to the increase in input tax not deducted in this period; goodwill increases by 28.92%,
mainly due to the company’s acquisition of Kilikanoon in Australia; assets of deferred income tax
decreases by 15.65%, mainly due to the decrease in unrealized profit of inventory in the internal
transaction and wage payable; advance receipt decreases by 28.43%, mainly due to the decrease in
obtainment of advance payment from distributors; tax payable decreases by 51.39%, mainly due to
the decrease in added-value tax payable and consumption tax payable; other accounts payable
increases by 26.74%, mainly due to the increase in advertising expense payable; non-current
liabilities due within one year increases by 42.29%, mainly due to the increase in long-term loan
due within one year; other comprehensive income increases by 239.64%, mainly due to the increase
in translation differences arising on translation of foreign currency financial statements.
Compared the period from the beginning of the year to the end of report period with the same
period of last year, financial expense increases by 14.93%, mainly due to the incorporation of
newly-acquired overseas enterprise into the consolidation scope; other income increases by
124.23%, mainly due to the increase in governmental subsidy; other cash received related to
operating activities increases by 44.64%, due to the increase in governmental subsidy; other cash
received related to financing activities increases by 1704.52%, mainly due to the repeating of fixed
deposit pledged for the company’s long-term loan.
2. Analysis explanation of the major issue’s process, its influence and the solution
□Available V Not available
3. The commitments that the Company’s actual controllers, shareholders, related parties,
purchasers, the Company and other related parties do not implement completely exceeding
the time limit within report period
√available □not available
Commitment Commitment Commitment Commitment Commitment
Commitments Implementation
Party Type content time period
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2018 the Third Quarter Report Main Body of Yantai Changyu Pioneer Wine Co. Ltd.
Commitments at
- －
share reform
Commitments
made in
acquisition - - - -
report or equity
changes report
Commitments at
asset - - - -
restructuring
Yantai Solve
Changyu horizontal
Non-horizontal Has been
Group Co., competition 1997.05.18 Permanent
competition performing
Ltd
Clear the According to
purpose of "Trademark
brand royalty License
Contract", the
Company will
pay trademark
Commitments at
royalty for the
the initial public
"Changyu"produ
offering or Yantai
cts of Yantai
refinancing Changyu
Changyu Group Has been
Group Co., 1997.05.18 Permanent
Co., Ltd every performing
Ltd
year, Yantai
Changyu Group
Co., Ltd will use
trademark to
advertise
Changyu
trademarks and
the Contract
products.
Equity incentive
commitments
Commitments
made to the
minority - - - -
shareholders of
the Company
Commitment
under timely
Yes
implementation
or not
For commitments that exceed the time limit and are not completed, specific reasons of not No
completing the implementation and the next step
4. Forecast on the operating performance in the year of 2018
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2018 the Third Quarter Report Main Body of Yantai Changyu Pioneer Wine Co. Ltd.
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. The situation of derivative investment
□Available V Not available
There is no derivative investment during the report period.
7. The activities registration form of receptions, communication and interview etc. during the
report period
□Available V Not available
There are no activities of receptions, communication and interview etc. during the report period.
8. The Company’s receptions, studies, communications and visits
Available □Not available
Reception mode Reception object Basic information index of
Reception Time type investigate and survey
< Investor Relations Activity
Record of Yantai Changyu
Pioneer Wine Company
2018.07.02 Field survey Institution
Limited > in ‘Investor Relations
Information on CNINFO
website (www.cninfo.com.cn)
9. The situation of illegal external guarantee
□Available V Not available
There is no illegal external guarantee during the report period.
10. The situation of non-operating fund occupation of controlling shareholders and related
parties
□Available V Not available
There is no non-operating fund occupation of controlling shareholders and related parties during the
report period.
Yantai Changyu Pioneer Wine Co., Ltd.
Board of Directors
30th October 2018
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