Stock code：200706 Stock ID: Wazhou B Announcement No.2019-31
Wafangdian Bearing Company Limited the Q3 abstract for 2019
Chapter I. Important Prompts
The board of directors, board of supervisors, directors, supervisors and the top management guarantee there is no false
record, m isleading statement or major omission in the report, and take responsibilities for the truth, accuracy and
completeness of the contents.
All the directors attended the Board meeting and discussed the report.
The charger of company M r. Liu Jun, financial controller M s. Sun Najuan and the charger of accounting department M s.
Sun Najuan made the statement: guarantee the truth, completeness of the financial report of the third quarter report.
Chapter II. Main financial dates and share holde r changes
2.1 Main accounting data and financial indicators
Whether the company needs to retroactively adjust or restate previous accounting data
[ ] Yes [V] No
Unit: Yuan
+/-comparing with the
current period previous period
previous period
Operating income(RM B) 3,078,785,798.86 3,298,167,332.49 -6.65%
Net profit attributable to shareholders of the
1,353,082,301.57 1,380,023,044.55 -1.95%
listed company(Yuan)
+/-comparing
current period with the 2019.01-.09 +/-(%) to period
previous period
Turnover(RM B) 439,006,040.14 -20.34% 1,396,545,440.56 -14.11%
Net profit attributable to shareholders of the -18,609,107.09 -1,001.38% -10,838,039.66 -301.51%
listed company(RM B)
Net profit attributable to the shareholders of
the listed company and after deducting of -21,897,768.34 1,820.19% -15,704,197.56 484.96%
non-recurring gain/loss(RM B)
Net Cash flow generated by business
-- -- 103,430,260.88 -27.17%
operation(RM B)
Basic earnings per share(Yuan/share) -0.046 -1,020.00% -0.027 -307.69%
Diluted earnings per share(Yuan/share) -0.046 -1,020.00% -0.027 -307.69%
Net assets yield (%) -1.40% -16.40% -0.80% -39.80%
Abnormal profit and loss items
√Applicable □Not applicable
Unit: Yuan
item 2019.01-.09 Explanation
Profit and loss on disposal of non-current assets (including write-off part
1,247,643.07
of impairment provision for assets)
Government subsidies included in current profits and losses(closely related
to the business of the enterprise, except the government subsidies enjoyed 5,118,102.33
in accordance with the unified national standard or quota)
Profits and losses relating to the debt restructure -2,177,441.64
1
Other non-business income and expenditures other than the 832,944.53
above
Less: Influenced amount of income tax 155,090.39
total 4,866,157.90 --
For the company according to the company information disclosure of securities for public issuance explanatory announcement no. 1 -
non-recurring profit and loss "define non-recurring gains and losses as defined in the project, and put the company information
disclosure of securities for public issuance explanatory announcement no. 1 - non-recurring profit and loss of non-recurring profit
and loss items defined as listed in the current profits and losses of the project, should explain the reasons.
□Applicable √Inapplicable
During the reporting period of the company, there is no circumstance that the items listed in the explanatory announcement no. 1 on
disclosure of information of companies publicly issuing securities are defined as the items of recurring gains and losses.
2.2. The statement of total number of shareholde rs and the first 10 shareholders of current
shares in the end of the report period
1. The total number of common shareholders and preferred shareholders whose voting rights have been restored and the shareholding
table of the top 10 shareholders
Unit: Share
Reporting the total number of preferred shareholders
Report the total number of common
6,432 whose voting rights were restored at the end of the 0
shareholders at the end of the period
period (if any)
The situation of the first 10 shareholders of current shares
Total shares Non-current Impawned or Frozen Shares
Name Nature Ratio（%）
held shares held Status Amount
Wafangdian Bearing Group State-owned
60.61% 244,000,000 244,000,000
Corporation shareholder
Foreign
AKTIEBOLAGET SKF 19.70% 79,300,000
shareholder
M erchantsSecurities Limited Hong State-owned
1.79% 7,213,492
Kong Company shareholder
Domestic
Huang Junyue 1.62% 6,528,768
shareholder
Domestic
Hu Xiaofeng 0.47% 1,879,277
shareholder
GUOTAI JUNAN
Foreign
SECURITIES(HONGKONG) 0.35% 1,427,406
shareholder
LIM ITED
Domestic
Jin Yunhua 0.27% 1,091,256
shareholder
Domestic
Chen Haitao 0.19% 750,996
shareholder
Foreign private
MAN,KWAI WING 文贵荣 0.18% 713,101
shareholder
Domestic
M eng Qingliang 0.17% 694,948
shareholder
The situation of the first 10 shareholders of current shares
Category of Shares
Name Holding the number of listed shares in circulation
Categories Amount
AKTIEBOLAGET SKF 79,300,000 B 79,300,000
M erchantsSecurities Limited Hong
7,213,492 B 7,213,492
Kong Company
Huang Junyue 6,528,768 B 6,528,768
Hu Xiaofeng 1,879,277 B 1,879,277
GUOTAI JUNAN
SECURITIES(HONGKONG) 1,427,406 B 1,427,406
LIM ITED
Jin Yunhua 1,091,256 B 1,091,256
Chen Haitao 750,996 B 750,996
MAN,KWAI WING 文贵荣 713,101 B 713,101
M eng Qingliang 694,948 B 694,948
Zhou Lin 575,100 B 575,100
2
Notes to relationship or “action in There was no relationship and consistent activities between the first big shareholder and other
concert”among the top ten shareholders or the top ten common stock holders; The relationship among other
shareholders. shareholders, top ten circulation shareholders, top ten circulation shareholders and other
shareholders was not clear.
Chapter III. Important Items
3.1 The great changes in company’s key financial statement, financial indicators, and the
reasons
√Applicable □Not applicable
Unite:0000Yuan
End of Beginnin +/-(%) to
No. Items period g period period Explanation
The subsidiary received the land
1 Other receivables 3,271 9,226 -64.55% payment from the land reserve center in
this period
It is basically should pay value added tax
2 Payable taxes 488 724 -32.60%
to fall than at the beginning of the year
This period is mainly to pay the real
3 Other payables 8141 13185 -38.26%
estate development company
Financial assets measured at fair value This period is mainly recorded as
4 and recorded in the current profit and 0 30 -100.00% "trading financial assets" according to
loss the new financial instruments standards.
Items 2019.1.1 Last +/-(%) to
-9.30 period period Explanation
Impairment loss of assets (marked The main period is the write-off of bad
5 -55 1 -5600.00%
with "-") accounts receivable
The main reason is the year-on-year
6 Non-operating cost 527 86 512.79% increase in debt restructuring losses
M ainly the income tax refunded by the
7 Income tax expenses 0 -28 -100.00%
tax bureau in the same period last year
This was mainly due to a decrease in
8 Net profit -1084 538 -301.49% operating profit and an increase in net
non-operating expenses
The subsidiary received the land
Other cash received in connection
9 6452 204 3062.75% payment from the land reserve center in
with operating activities
this period
It is the value added tax that is handed in
10 Tax payments 3235 5744 -43.68% this period and additional collect tax to
fall greatly year on year
It is the money that estate development
Other cash paid relating to operating
11 13847 7488 84.92% company owes before current period
activities
pays basically
Net cash received from disposal of This is mainly the disposal of fixed
12 fixed assets, intangible assets and 306 161 90.06% assets received cash year-on-year
other long-term assets increase
Cash paid to acquire fixed assets, This period is mainly the purchase and
13 intangible assets and other long-term 121 224 -45.98% construction of fixed assets to pay cash
assets decreased
M ainly by the impact of loans, so that
14 Obtain the cash received from the loan 65,500 19,500 235.90% this period to obtain loans received by
the cash increase
Cash received through other means of
Other proceeds relating to financing
15 16,195 44,379 -63.51% financing, such as discounting, was
activities
lower than the same period last year
M ainly by the impact of loans, so that
16 Repayment of borrowings 62,000 36,706 68.91% this period of repayment of the cash paid
by the loan increased year-on-year
Effects of foreign exchange rate M ainly by the current dollar deposit and
17 44 80 -45.00%
changes on cash exchange rate changes
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3.2 The situation of major items in progress and the analysis explanation on its effect and
resolved proposal.
□ Applicable √Not applicable
3.3 The company's actual controllers, shareholders, related parties, acquirers and the
company promise that the relevant parties have overfulfilled their commitme nts during the
reporting period.
□ Applicable √Not applicable
3.4 Portfolio investment.
□ Applicable √Not applicable
3.5 Entrust finance
□ Applicable √Not applicable
3.6 Derivatives investments
□ Applicable √Not applicable
3.7 Reception of investigations,communications,or intervie ws in the report period
Time/date Way Type of visitors Visitors Index catalog
Understand the company’s
2019.07.18 Telephone communication Private investor Private investor
production and operation status
Understand the company’s
2019.08.20 Telephone communication Private investor Private investor
production and operation status
3.8 Violation of guaranty
□ Applicable √Not applicable
3.9 Controlling shareholders and their related parties' non-operational appropriation of funds
for listed companies
□ Applicable √Not applicable
4