2017 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.: 2017-Final04
Yantai Changyu Pioneer Wine Co. Ltd.
2017 Third Quarter Report Main Body
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. 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.
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2017 the Third Quarter Report of Yantai Changyu Pioneer Wine Co. Ltd.
II、Key financial data and shareholders changing
1. Key financial data
Whether the Company needs to make retroactive adjustments or restates the accounting data of
previous fiscal years
□Yes No
The end of the report The end of last year More or less than
period last year(%)
Total assets (CNY) 12,096,803,825 11,528,077,971 4.93%
Net Assets attributed to the
shareholders of the listed 8,690,391,034 8,209,010,989 5.86%
company (CNY)
More or less From the beginning More or less
The report period than of year to the end than
last year of the report period last year
Business income (CNY) 1,030,899,920 2% 3,797,998,117 0.91%
Net profit attributed to the
shareholders of the listed 146,115,408 12.61% 816,184,462 -1.04%
company (CNY)
Net profit attributed to the
shareholders of the listed
138,825,432 12.86% 790,473,838 -1.37%
company after deducting the
irregular profit and loss (CNY)
Net cash flows from the
-- -- 806,627,830 -18.61%
operating activities (CNY)
Basic earnings per share (CNY) 0.21 10.53% 1.19 -0.83%
Diluted earnings per share
0.21 10.53% 1.19 -0.83%
(CNY)
Weighted average for earning
1.68% 0.08% 9.56% -0.03%
rate of the net assets
Item and amount of irregular profit and loss
Available □Not available
Unit：CNY
From beginning of year to
Item Explanation
end of report period
Gain on disposal of non-current assets, including the
-773,087
reversal of accrued impairment provision
Tax return, deduction and exemption with
unauthorized approval or no official document of 17,764,950
approval
Government subsidies recorded in current profit and
loss (except the government subsidies that closely
12,044,794
related to enterprise business and enjoyed by rationing
or quantifying according to uniform Nation Standard
Other non-operating income and expenses 4,722,476
Less: Income tax effect 8,048,509
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2017 the Third Quarter Report of Yantai Changyu Pioneer Wine Co. Ltd.
Total 25,710,624 --
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 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
Total number of preferred
Total number of common shareholders shareholders with recovered
48,049 0
at the end of report period voting power at the end of report
period
The top 10 common shareholders
Number Pledged or
Character of Percentage of frozen
Name of Shareholders Shares held
shareholders (%) restricted Share
Amount
shares status
Domestic non-
YANTAI CHANGYU GROUP
state-owned 50.40% 345,473,856 0 0
COMPANY LIMITED
legal person
Foreign legal
GAOLING FUND,L.P. 3.11% 21,300,919 0 0
person
CHINA SECURITIES State-owned
2.32% 15,924,155 0 0
FINANCE CORP legal person
BBH BOS S/A FIDELITY FD - Foreign legal
2.22% 15,241,826 0 0
CHINA FOCUS FD person
GUOTAI JUNAN
Foreign legal
SECURITIES(HONGKONG) 0.95% 6,531,520 0 0
person
LIMITED
FIDELITY PURITAN
TRUST: FIDELITY SERIES Foreign legal
0.88% 6,000,851 0 0
INTRINSIC person
OPPORTUNITIES FUND
CENTRAL HUIJIN ASSET State-owned
0.69% 4,761,200 0 0
MANAGEMENT LTD. legal person
BBH A/C VANGUARD
Foreign legal
EMERGING MARKETS 0.55% 3,788,487 0 0
person
STOCK INDEX FUND
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2017 the Third Quarter Report of Yantai Changyu Pioneer Wine Co. Ltd.
FIDELITY CHINA SPECIAL Foreign legal
0.55% 3,779,202 0 0
SITUATIONS PLC person
Foreign legal
NORGES BANK 0.52% 3,558,797 0 0
person
The top 10 common shareholders with unrestricted shares
Number of Type of share
Name of Shareholders unrestricted
Type of share Amount
shares held
YANTAI CHANGYU GROUP COMPANY
345,473,856 A share 345,473,856
LIMITED
GAOLING FUND,L.P. 21,300,919 B share 21,300,919
CHINA SECURITIES FINANCE CORP 15,924,155 A share 15,924,155
BBH BOS S/A FIDELITY FD - CHINA FOCUS FD 15,241,826 B share 15,241,826
GUOTAI JUNAN SECURITIES(HONGKONG)
6,531,520 B share 6,531,520
LIMITED
FIDELITY PURITAN TRUST: FIDELITY SERIES
6,000,851 B share 6,000,851
INTRINSIC OPPORTUNITIES FUND
CENTRAL HUIJIN ASSET MANAGEMENT LTD. 4,761,200 A share 4,761,200
BBH A/C VANGUARD EMERGING MARKETS
3,788,487 B share 3,788,487
STOCK INDEX FUND
FIDELITY CHINA SPECIAL SITUATIONS PLC 3,779,202 B share 3,779,202
NORGES BANK 3,558,797 B share 3,558,797
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 of
action relationship with the other 9 listed shareholders, and the
the top 10 shareholders
relationship among the other shareholders is unknown.
Explanation for the top 10 common
shareholders who involved in
No
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 Not available
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2017 the Third Quarter Report Main Body of Yantai Changyu Pioneer Wine Co. Ltd.
III Major Issue
1. The great change and reasons on key financial data and financial index
Available □Not available
Compared the end of the report period with the beginning of the year, interest receivable increased by 1255.85%, mainly due to increase in
interest receivable of bank deposit; account receivable increased by 30.46%, mainly due to increase in goods payment receivable owed by clients;
other account receivable increased by 72.39%, mainly due to increase in account receivable of VAT refund; other current assets increased by
80.17%, mainly due to increase in VAT to be deducted; construction in process increased by 24.28%, mainly due to increase in accumulated
investment amount of the Company’s investment projects under construction; intangible assets increased by 28.68%, mainly owing that acquired
Indomita Wine Company Chile, SpA was included in the consolidated statement; deposit received decreased by 41.57%, mainly due to decrease
in client payment for goods; other payables increased by 34.88%, mainly due to increase in payable advertising expense; long-term loan
increased by 248.73%, mainly due to increase in long-term loan obtained from the bank.
Compared from January to September of 2017 with the same period last year, non-business income decreased by 82.98%, mainly owing that
government subsidy was adjusted from non-business income to other income according to new accounting standard; non-operating expenditures
increased by 82.43%, mainly due to loss from disposing non-current assets; translation differences arising on translation of foreign currency
financial statements increased by 947.96%, mainly due to influence of foreign currency upvaluation when statement of overseas enterprise was
converted to CNY statement; tax refund received in the cash flow statement increased by 215.29%, mainly due to increase in VAT refunds
received by Indomita Wine Company Chile, SpA; other cash received related to operating activities increased by 53.79%, mainly due to increase
in government subsidy; net cash paid to acquire branch and other business unit increased by 40372.19%, mainly due to payment of investment
amount for the acquisition of Indomita Wine Company Chile, SpA.
2. Analysis explanation of the major issue’s process, its influence and the solution
□Available Not available
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2017 the Third Quarter Report Main Body of Yantai Changyu Pioneer Wine Co. Ltd.
3. The commitments that the Company’s actual controllers, shareholders, related parties, purchasers, the Company or other
commitment parties do not complete up performing during the report period
Available □Not available
Commitment Commitment Commitment Commitment Commitment
Commitments Implementation
Party Type Content Time Period
Commitments at share reform - －
Commitments made in acquisition report
- - - -
or equity changes report
Commitments at asset restructuring - - - -
Yantai Changyu Solve horizontal Non-horizontal Has been
1997.05.18 Permanent
Group Co., Ltd competition competition performed
According to
"Trademark
License
Contract", the
Company will
pay trademark
royalty for the
"Changyu"produ
Commitments at the initial public Defining the cts of Yantai
offering or refinancing Yantai Changyu uses of Changyu Group Has been
1997.05.18 Permanent
Group Co., Ltd trademark use Co., Ltd every performed
fee year, Yantai
Changyu Group
Co., Ltd will use
trademark to
advertise
Changyu
trademarks and
the Contract
products.
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2017 the Third Quarter Report Main Body of Yantai Changyu Pioneer Wine Co. Ltd.
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 No
limit and are not completed, specific
reasons of not completing the
implementation and the next step
4. Forecast on the operating performance in 2017
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 Not available
5. The situation of security investment
□Available Not available
There is no security investment during the report period.
6. The situation of derivative investment
□Available Not available
There is no derivative investment during the report period.
7. The activities registration form of reception investigation, communication and interview etc. during the report period
□Available Not available
There are no activities of reception investigation, communication and interview etc. during the report period.
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2017 the Third Quarter Report Main Body of Yantai Changyu Pioneer Wine Co. Ltd.
8. The situation of illegal external guarantee
□Available Not available
There is no illegal external guarantee during the report period.
9. The situation of non-operating fund occupation of controlling shareholders and related parties
□Available Not available
There is no non-operating fund occupation of controlling shareholders and related parties during the report period.
10. The situation of carrying out social responsibility of precise poverty
There is no carried out precise poverty and no plan for subsequent precise poverty during the third quarter report period.
Yantai Changyu Pioneer Wine Co. Ltd.
Board of Directors
26th October 2017
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