山东省中鲁远洋渔业股份有限公司 2017 年半年度报告摘要 Stock Code: 200992 Short Form of the Stock: Zhonglu B Public Notice No: 2017-24 Shandong Zhonglu Oceanic Fisheries Company Limited Summary of Semi-Annual Report 2017 1. Important Notice The summary of semi-annual report is excerpted from the full text of the semi-annual report. For the details, investors should carefully read the full text of the semi-annual report published on Juchao Information website (www.cninfo.com.cn) and Shenzhen Stock Exchange Website etc., appointed by CSRC. Objection statement of directors, supervisors and senior executives Name Position Content and reason Statement Other directors attending the Meeting for annual report deliberation except for the followed Name of director absent Title for absent director Reasons for absent Attorney Prompt of non-standard audit opinion □ Applicable √ Not applicable Profit distribution pre-plan of common stock or capitalizing of common reserves pre-plan deliberated by the Board in the reporting period □ Applicable √ Not applicable The Company has no plans of cash dividend distributed, no bonus shares and has no share converted from capital reserve. Profit distribution pre-plan of preferred stock deliberated and approved by the Board in the reporting period □ Applicable □ Not applicable II. Basic information of the company 1. Company profile Short form of the stock ZHONGLU B Stock code 200992 Stock exchange for listing Shenzhen Stock Exchange Person/Way to contact Secretary of the Board Rep. of security affairs Name Li Ming Li Ying No.65 Haier Road, Laoshan District, No.65 Haier Road, Laoshan District, Office add. Qingdao, Shandong Province Qingdao, Shandong Province Tel. 0532-55717968 0532-55715968 E-mail ZL000992@163.com ZL000992@163.com 1 山东省中鲁远洋渔业股份有限公司 2017 年半年度报告摘要 2. Main accounting data and Changes of shareholders Whether it has retroactive adjustment or re-statement on previous accounting data or not □Yes √ No Increase/decrease in this Current period Same period of last year report y-o-y Operating revenue (RMB) 440,178,091.75 407,890,793.78 7.92% Net profit attributable to shareholders of 32,001,590.86 11,560,370.58 176.82% the listed company(RMB) Net profit attributable to shareholders of the listed company after deducting 31,391,015.10 8,143,813.27 285.46% non-recurring gains and losses(RMB) Net cash flow arising from operating 17,876,156.54 16,233,581.58 10.12% activities(RMB) Basic earnings per share (RMB/Share) 0.12 0.04 200.00% Diluted earnings per share (RMB/Share) 0.12 0.04 200.00% Weighted average ROE 5.05% 2.02% 3.03% Increase/decrease in this End of current period End of last period report-end over that of last period-end Total assets (RMB) 1,006,752,497.95 835,239,699.07 20.53% Net assets attributable to shareholder of 650,018,587.56 617,662,263.72 5.24% listed company(RMB) 3. Number of shares and share-holding In Share Total preference shareholders Total common shareholders at with voting rights recovered 12,053 0 period-end at end of reporting period (if applicable) Top 10 shareholders Number of share Nature of Proportion of Number of Number of non-tradable shares Shareholders pledged/frozen shareholder shares held shares held held Status Amount Shandong State-owned State-owned Assets 33.07% 88,000,000 88,000,000 corporate Investment Holding 2 山东省中鲁远洋渔业股份有限公司 2017 年半年度报告摘要 Company Limited Shandong Luxin Investment State-owned Holding 14.18% 37,731,320 37,731,320 corporate Company Limited Shenwan Hongyuan Overseas 3.52% 9,367,590 Securities (HK) corporate Limited Overseas Chen Tianming 2.16% 5,760,427 natural person GUOTAI JUNAN Overseas SECURITIES( 2.00% 5,331,696 corporate HONGKONG) LIMITED Haitong International Securities Overseas 0.82% 2,180,900 Company corporate Limited-Accoun t Client China Everbright Overseas 0.78% 2,072,000 Securities corporate (H.K.) Co., Ltd. China National Heavy Duty State-owned Truck Group 0.73% 1,950,000 1,950,000 corporate Jinan Truck LLC. Wang Overseas 0.45% 1,209,502 Dongsheng natural person Domestic Qin Jun 0.41% 1,083,220 nature person Shandong State-owned Assets Investment Holding Co., Ltd and Shandong Luxin Investment Explanation on associated Holding Group Co., Ltd are provincial state-owned enterprises under the same stock controlling of relationship among the aforesaid Shandong Provincial Commission; China National Heavy Duty Truck Group Jinan Truck LLC is shareholders the sponsor shareholder of the Company and the above mentioned shareholders have no 3 山东省中鲁远洋渔业股份有限公司 2017 年半年度报告摘要 associated relationships or not belong to consistent actors regulated by Management Regulation of Information Disclosure on Change of Shareholding for Listed Companies. Rests of the shareholders are the domestically listed foreign shareholders, and t he Company is unknown whether there exists associated relationship or belongs to consistent actor regulated by “management method for acquisition of listed company” among the above said shareholders. Explanation on margin business Not applicable (if applicable) 4. Changes of controlling shareholders or actual controller Changes of controlling shareholders in reporting period □ Applicable √ Not applicable Changes of controlling shareholders had no change in reporting period. Changes of actual controller in reporting period □ Applicable √ Not applicable Changes of actual controller in reporting period had no change in reporting period. 5. Total preferred shareholders and top 10 shares held by preferred shareholders □ Applicable √ Not applicable The Company has no preferred shareholders 6. Corporate bond Whether the Company has a corporation bonds that issuance publicly and listed on stock exchange and without due on the date when semi-annual report approved for released or fail to cash in full on due: No III. Discussion and analysis of operation 1. Operation status in the period Does the Company need to comply with the disclosure requirements of the special industry No During the reporting period, the company faced the severe and complex economic environment, the changing market forms and the great pressure from the adjustment and development of the enterprise. The company closely focused on the goal of “promoting the rapid, harmonious and healthy development of enterprise”, closely stuck to the business positioning of “one body with two wings, integrative development”, insisted on the development ideas of taking the deep-sea fishing as the subject and the refrigerated transport and refrigerated processing trade as the wings, vigorously developed the deep-sea fishing business, consolidated and improved the refrigerated transport business, actively expanded the domestic and foreign processing business, and achieved good results. (i) Review of the company’s main business in the report period 4 山东省中鲁远洋渔业股份有限公司 2017 年半年度报告摘要 1. Refrigerated transport leasing section: took "safety is efficiency, promote development by safety" as the long-term guiding ideology, avoided the occurrence of ship accident, guaranteed the ships’ navigation days, while increased the self repair of ships, which not only saved costs, but also built up, trained and improved the technical level of the company's professionals, achieved operating income of 50,007,800 Yuan, an increase of 11.63% on a year-on-year basis; achieved net profits of 11,830,500 Yuan, an increase of 35.48% on a year-on-year basis. 2. Ocean-going fishing section: as the company timely refurbished the two seines and realized the transitions from the Pacific to the Atlantic, it achieved net profits of RMB 3,424,100. By strengthening cost management, reasonably arranging the production and scientifically scheduling fishery, the Tuna long line fishing business achieved net profits of RMB 13,898,900, an increase of 1627.86% on a year-on-year basis. 3. Aquatic products refrigerated processing trade section: committed to the development of new products, increased the exports, overcame the unfavorable factors such as the shortage of supply of goods, rise in raw material prices and so on, during the reporting period, the company achieved operating income of RMB 344,245,500, an increase of 6.17% on a year-on-year basis, net profits of RMB 10,567,200, an increase of 2.97% on a year-on-year basis. (ii) General operation In first half of 2017 (Jan. –Jun.), the Company achieved operation revenue of 440.1781 million Yuan, increased 7.92% compared last year’s 407.8908 million Yuan; operation costs achieved 378.3674 million Yuan, decreased 1% over that of 382.1970 million Yuan in last period; net profit attributable to parent company amounted as 32.0016 million Yuan, an 176.82% growth over that of 11.5604 million Yuan at last year. 2. Matters relevant to financial report (1) Particulars about the changes in aspect of accounting policy, estimates and calculation method compared with the accounting period of last year □ Applicable √ Not applicable The Company had no particulars about the changes in aspect of accounting policy, estimates or calculation method in the reporting period. (2) Particulars about retroactive restatement on major correction for accounting errors in reporting period □ Applicable √ Not applicable The company had no particulars about retroactive restatement on major correction for accounting errors in the reporting period. (3) Particulars about the change of consolidation range compared with the accounting period of last year □Applicable √Not applicable Consolidate range of the Company has no changes in the period 5