Abstract of the 2016 Semi-annual Report of Changchai Company, Limited
Stock code: 000570, 200570 Stock name: Changchai A, Changchai B Announcement No.: 2016-013
Changchai Company, Limited
Abstract of the 2016 Semi-annual Report
1. Important reminders
This abstract is based on the full text of the semi-annual report. For more details, investors are suggested to read the full text
disclosed at the same time with this abstract on http://www.cninfo.com.cn, the website of Shenzhen Stock Exchange or any other
website designated by CSRC.
This report is prepared in both Chinese and English. Should there be any discrepancy between the two versions, the Chinese version
shall prevail.
Company profile
Stock name Changchai A, Changchai B Stock code 000570, 200570
Stock exchange Shenzhen Stock Exchange
Contact information Board Secretary Securities Representative
Name Shi Jianchun He Jianjiang
Tel. (86)519-86610041 (86)519-68683155
Fax (86)519-86630954 (86)519-86630954
E-mail ccsjc@changchai.com cchjj@changchai.com
2. Financial highlights and change of shareholders
（1）Financial highlights
Does the Company adjust retrospectively or restate accounting data of previous years due to change of the accounting policy or
correction of any accounting error?
□ Yes √ No
Reporting period Same period of last year +/- (%)
Operating revenues (RMB) 1,163,660,721.69 1,359,895,900.69 -14.43%
Net profit attributable to shareholders of
the Company (RMB) 35,018,142.36 37,563,399.18 -6.78%
Net profit attributable to shareholders of
the Company after excluding extraordinary 28,510,501.61 35,710,619.28 -20.16%
gains and losses (RMB)
Net cash flows from operating activities
(RMB) 118,035,913.29 46,727,741.12 152.60%
Basic EPS (RMB/share) 0.06 0.07 -14.29%
Diluted EPS (RMB/share) 0.06 0.07 -14.29%
Weighted average ROE (%) 1.76% 1.85% -0.09%
As at the end of the
As at the end of last year +/- (%)
reporting period
Total assets (RMB) 3,204,416,788.95 3,232,406,102.20 -0.87%
Net assets attributable to shareholders of
the Company (RMB) 1,975,255,293.87 2,002,910,311.01 -1.38%
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Abstract of the 2016 Semi-annual Report of Changchai Company, Limited
（2） Shareholdings of the top 10 common shareholders
Unit: share
Total number of common
shareholders at the end of the 63,916
reporting period
Shareholdings of the top 10 common shareholders
Shareholding Total common Number of Pledged or frozen shares
Nature of
Name of shareholder percentage shares held at restricted common Status of Number of
shareholder
(%) the period-end shares held shares shares
STATE-OWNED ASSETS
SUPERVISION AND
On behalf of
ADMINISTRATION
the 30.43% 170,845,236
COMMISSION OF
government
CHANGZHOU MUNICIPAL
PEOPLE’S GOVERNMENT
Overseas
KGI ASIA LIMITED 0.59% 3,324,845
corporation
BNP PARIBAS WEALTH
Overseas
MANAGEMENT HONG 0.55% 3,099,873
corporation
KONG BRANCH
Domestic
HUANG LIHOU 0.35% 1,949,700
individual
VANGUARD TOTAL
Overseas
INTERNATIONAL STOCK 0.29% 1,626,592
corporation
INDEX FUND
Domestic
LI MIN 0.29% 1,618,950
individual
Domestic
HUANG GUOLIANG 0.27% 1,528,891
individual
Domestic
LI SUINAN 0.24% 1,328,300
individual
CENTRAL HUIJIN ASSET State-owned
0.20% 1,107,900
MANAGEMENT CO., LTD. corporation
Domestic
XIE DEQING 0.19% 1,078,700
individual
It is unknown whether there was any associated relationship among the top ten
Explanation on associated relationship or tradable shareholders and among the top ten shareholders not subject to trading
persons acting in concert among the
above-mentioned shareholders moratorium, or whether they are persons acting in concert as described by Measures
for the Administrative of Disclosure of Shareholder Equity Changes.
Shareholder Huang Lihou held 1,949,700 shares (a stake of 0.35%) in the Company
Shareholders taking part in securities margin through his account of collateral securities for margin trading in Guotai Junan
trading (if any)
Securities Co., Ltd.. Shareholder Li Min held 1,618,950 shares (a stake of 0.29%) in
the Company through her account of collateral securities for margin trading in
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Abstract of the 2016 Semi-annual Report of Changchai Company, Limited
Guosen Securities Co., Ltd..
（3）Shareholdings of the top 10 preference share holders
□ Applicable √ Inapplicable
No preference shares for the reporting period.
（4）Change of the controlling shareholder or the actual controller
Change of the controlling shareholder in the reporting period
□ Applicable √ Inapplicable
The controlling shareholder did not change in the reporting period.
Change of the actual controller in the reporting period
□ Applicable √ Inapplicable
The actual controller did not change in the reporting period.
3. Discussion and analysis by the management
For the first half of 2016, we sold 376,100 units of diesel engines and generator sets, down 22.79% over the same
period of last year. We achieved a sales income of RMB1,163,660,700, down 14.43% from the same period of last
year. And the net profit attributable to our shareholders stood at RMB35.0181 million, down 6.78% on a
year-on-year basis.
The reporting period saw a drop in production and consumption of diesel engines as well as fierce competition in
the industry due to more downward pressure on the macro-economy and weak market demand for combustion
engines. In face of the unfavorable factor of oversupply in the single-cylinder diesel engine market, we managed
to keep our leading position in sales through upgrading products, improving our marketing network, stabilizing
our supporting plants, etc.. As for our multi-cylinder diesel engines, we have achieved remarkable results with our
product structure after years of improvement. Our multi-cylinder diesel engines with more technological contents
and higher added value have started mass production, and the new products have also begun small-lot production.
As a result, multi-cylinder diesel engines took up a larger proportion in our total sales income.
In general, despite the decreased sales revenue and net profit in the first half of 2016, our development momentum
is still considered positive.
4. Matters related to financial reporting
(1) Explain any changes in the accounting policies, accounting estimates and measurement methods as
compared with the financial reporting of last year
□ Applicable √ Inapplicable
No such cases in the reporting period.
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Abstract of the 2016 Semi-annual Report of Changchai Company, Limited
(2) Explain any retrospective restatement due to correction of significant accounting errors in the reporting
period
□ Applicable √ Inapplicable
No such cases in the reporting period.
(3) Explain any changes in the consolidation scope as compared with the financial reporting of last year
□ Applicable √ Inapplicable
No such cases in the reporting period.
(4) Explanation of the Board of Directors and the Supervisory Committee concerning the “non-standard
audit report” issued by the CPAs firm for the reporting period
□ Applicable √ Inapplicable
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