Hainan Jingliang Holdings Co., Ltd. Annual Report 2022 (Summary)
Stock Code: 000505, 200505 Stock Name: JLKG, JL-B Announcement No. 2023-006
HAINAN JINGLIANG HOLDINGS CO., LTD.
ANNUAL REPORT 2022 (SUMMARY)
Part I Important Notes
This Summary is based on the full Annual Report of Hainan Jingliang Holdings Co., Ltd. (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 position 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 final cash and/or stock dividend plan for ordinary shareholders for the Reporting Period:
□ Applicable Not applicable
The Company has no final dividend plan, either in the form of cash or stock.
Board-approved final cash and/or stock dividend plan for preferred shareholders for the Reporting Period:
□ Applicable Not applicable
This Summary has been prepared in both Chinese and English. Should there be any discrepancies or
misunderstandings between the two versions, the Chinese version shall prevail.
Part II Key Corporate Information
1. Stock Profile
Stock name JLKG, JL-B Stock code 000505, 200505
Stock exchange for
Shenzhen Stock Exchange
stock listing
Contact information Board Secretary Securities Representative
Name Guan Ying Gao Deqiu
15/F, Jing Liang Building, NO. 16 East Third 15/F, Jing Liang Building, NO. 16 East Third Ring
Office address
Ring Middle Road, Chaoyang District, Beijing Middle Road, Chaoyang District, Beijing
Fax 010-51672010 010-51672010
Tel. 010-51672270 010-51672029
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Hainan Jingliang Holdings Co., Ltd. Annual Report 2022 (Summary)
E-mail address guanying@bjjlkg.cn gaodeqiu@bjjlkg.cn
2. Principal Activities or Products in the Reporting Period
The Company is principally engaged in oils and oilseeds processing and trading, as well as food processing. With
regard to oils processing and trading, the Company refines, bottles, markets, imports and exports raw oils upon
initial pressing. As for oilseeds, the Company presses, refines, bottles, markets, imports and exports oilseeds such
as sesame, soybean, corn germ, sunflower seeds and peanuts. The Company runs its oils and oilseeds processing
and trading business primarily in Beijing City, Tianjin City and Hebei Province under the brands of “Gu Chuan”,
“Lv Bao”, “Gu Bi”, “Huo Niao”, etc., with the main products being soybean oil, rapeseed oil, sunflower seed oil
and sesame oil and paste, among others. As for its food processing business, it primarily develops, produces and
markets snack food and bread under the brands of “Little Prince”, “MS Dong”, “Jianqiang De Tudou” and “Gu
Chuan”, among others, with the main products being potato chips, cakes and pastries and bread. The snack food
business covers all provinces and municipalities in China, while the bread business focuses on the Beijing-Tianjin-
Hebei region. In this regard, the Company is one of the major suppliers for KFC in North China.
According to the Industry Categorization Results of Listed Companies, the Company falls into the major industry
category of manufacturing—agri-food processing industry (code: C13). Specifically, the Company operates in the
vegetable oil processing segment, with its food processing business accounting for a large proportion in gross profit.
With respect to the vegetable oil processing industry, industrial integration has accelerated and differentiation is
increasingly evident, with minority oils such as sunflower seed oil, tea oil, corn oil and rice bran oil seeing fast
growth. In terms of the food processing industry, consumer needs have become increasingly diverse, resulting in
better and richer product offerings. Nonetheless, there are only a handful of major brands in the industry, indicating
great potential for industrial integration.
3. Key Financial Information
(1) Key Financial Information of the Past Three Years
Indicate by tick mark whether there is any retrospectively restated datum in the table below.
□ Yes No
Unit: RMB
Change of 31
31 December 2022 31 December 2021 December 2022 over 31 December 2020
31 December 2021 (%)
Total assets 6,105,144,167.96 6,046,600,058.90 0.97% 5,695,504,493.73
Equity attributable to the listed
company’s shareholders 3,061,661,435.05 2,915,802,291.05 5.00% 2,710,571,543.53
2022 2021 2022-over-2021 2020
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Hainan Jingliang Holdings Co., Ltd. Annual Report 2022 (Summary)
change (%)
Operating revenue 12,857,874,301.72 11,763,093,835.56 9.31% 8,741,749,912.11
Net profit attributable to the listed
company’s shareholders 141,411,141.28 204,459,771.08 -30.84% 184,846,956.70
Net profit attributable to the listed
company’s shareholders before 124,297,168.33 195,422,832.45 -36.40% 164,037,737.59
exceptional items
Net cash generated from/used in
-533,230,947.03 632,240,056.44 -184.34% -246,540,910.08
operating activities
Basic earnings per share
0.19 0.28 -32.14% 0.26
(RMB/share)
Diluted earnings per share
0.19 0.28 -32.14% 0.26
(RMB/share)
Weighted average return on equity
(%) 4.73% 7.27% -2.54% 7.17%
(2) Key Financial Information by Quarter
Unit: RMB
Q1 Q2 Q3 Q4
Operating revenue 3,024,441,143.44 2,488,340,126.88 3,931,892,303.79 3,413,200,727.61
Net profit attributable to the listed
36,992,676.25 35,915,653.90 18,632,830.26 49,869,980.87
company’s shareholders
Net profit attributable to the listed
company’s shareholders before 36,436,748.65 34,828,990.82 15,748,627.17 37,282,801.69
exceptional items
Net cash generated from/used in
-193,652,734.08 19,042,324.65 9,679,813.98 -368,300,351.58
operating activities
Indicate by tick mark whether any of the quarterly financial data in the table above or their summations differs
materially from what have been disclosed in the Company’s quarterly or interim reports.
□ Yes No
4. Share Capital and Shareholder Information at the Period-End
(1) Numbers of Ordinary Shareholders and Preferred Shareholders with Resumed Voting Rights as well as
Holdings of Top 10 Shareholders
Unit: Share
Number of
Number of preferred
preferred shareholders
Number of Number of ordinary
shareholders with resumed
ordinary shareholders at the
68,206 67,266 with resumed 0 voting rights at 0
shareholders at month-end prior to the
voting rights the month-end
the period-end disclosure of this Report
at the period- prior to the
end disclosure of this
Report
Top 10 shareholders
Total shares Shares in pledge,
Nature of Shareholdin
Name of shareholder held at the Restricted shares held marked or frozen
shareholder g percentage
period-end Status Shares
BEIJING GRAIN GROUP State-owned legal
39.68% 288,439,561 0
CO., LTD. person
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Hainan Jingliang Holdings Co., Ltd. Annual Report 2022 (Summary)
BEIJING STATE-OWNED
CAPITAL OPERATION State-owned legal
6.67% 48,510,460 0
AND MANAGEMENT person
COMPANY LIMITED
Domestic natural
WANG YUECHENG 5.66% 41,159,887 41,159,887
person
Foreign natural
LI SHERYN ZHAN MING 0.42% 3,024,600 0
person
Domestic natural
MEI JIANYING 0.36% 2,604,203 0
person
Domestic natural
WANG ZHIQIANG 0.34% 2,507,123 0
person
Domestic natural
CHEN TING 0.31% 2,261,069 0
person
Domestic natural
CHEN TIANHUA 0.29% 2,101,100 0
person
Domestic natural
ZHANG XIAOXIA 0.27% 1,949,250 0
person
Domestic natural
WANG XIAOXING 0.23% 1,654,200 0
person
① Beijing State-Owned Capital Operation and Management Company Ltd. owns
an indirect 100% share of Beijing Grain Group Co., Ltd., and Beijing Grain Group
Related or acting-in-concert parties among the Co., Ltd. is the controlling shareholder of the Company (a 39.68% holding). ①
shareholders above Wang Yuecheng is a Deputy General Manager of the Company. Apart from that,
the Company does not know whether there are any other related parties or acting-
in-concert parties among the top 10 shareholders.
Shareholder Chen Tianhua holds 2,093,500 shares in the Company through his
Shareholders involved in securities margin account of collateral securities for margin trading in Founder Securities Co., Ltd.
trading (if any) Shareholder Wang Xiaoxing holds 1,654,200 shares in the Company through his
account of collateral securities for margin trading in Soochow Securities Co., Ltd.
(2) Number of Preferred Shareholders and Shareholdings of Top 10
□ Applicable Not applicable
No preferred shareholders in the Reporting Period.
(3) Ownership and Control Relations between the Actual Controller and the Company
5. Outstanding Bonds at the Date when this Report Was Authorized for Issue
□ Applicable Not applicable
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Hainan Jingliang Holdings Co., Ltd. Annual Report 2022 (Summary)
Part III Significant Events
In 2022, various uncertainties and urgency intertwined and became the new normal. In the face of various external
environmental pressures, the company adhered to the general tone of seeking progress while maintaining stability,
fully promoted the implementation of the “14th Five Year Plan” development plan, and maintained a stable
development trend in general. For the year under review, the Company recorded operating revenue of RMB12.858
billion, up 9.31% year on year, a net profit attributable to the listed company’s shareholders of RMB141 million,
down 30.84% year on year.
No significant changes occurred to the Company’s operations in the Reporting Period. For further information, see
the full Annual Report 2022.
Hainan Jingliang Holdings Co., Ltd.
31 March 2023
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