无锡威孚高科技集团股份有限公司 2014 年第三季度报告正文
Stock Code: 000581, 200581 Notice No.: 2014-029
Short Form of the Stock: Weifu High-Tech, Su Weifu-B
WEIFU HIGH-TECHNOLOGY GROUP CO., LTD.
TEXT of 3Q REPORT 2014
Section I. Important Notes
Board of Directors and the Supervisory Committee of Weifu High-Technology Group Co., Ltd. (hereinafter
referred to as the Company) and its directors, supervisors and senior executives hereby confirm that there are no
any fictitious statements, misleading statements, or important omissions carried in this report, and shall take all
responsibilities, individual and/or joint, for the reality, accuracy and completion of the whole contents.
All directors of the Company are attended the Meeting for quarterly report deliberation.
Chen Xuejun, Principal of the Company; Ou Jianbin, Person in Charge of Accounting Work; Ou Jianbin, Person in
Charge of Accounting Organization (Accounting Officer) hereby confirm that the Financial Report of the Third
Quarterly Report is authentic, accurate and complete.
1
无锡威孚高科技集团股份有限公司 2014 年第三季度报告正文
Section II. Main accounting data and changes of shareholders
I. Main accounting data and index
Whether it has retroactive adjustment or re-statement on previous accounting data for accounting policy changed and accounting
error correction or not
□Yes √ No
Current period-end Period-end of last year Increase/decrease
Total assets(RMB) 14,346,248,073.37 13,074,232,730.91 9.73%
Net assets attributable to shareholders
10,580,140,292.42 9,600,765,223.81 10.20%
of listed company (RMB)
Increase/decrease in
Increase/decrease in
Year-begin to end comparison with
Current period comparison with same
of the Period year-begin to
period of last year
Period-end of last year
Operating revenue (RMB) 1,487,640,940.87 10.04% 5,017,460,796.50 18.59%
Net profit attributable to shareholders of
398,867,023.62 47.58% 1,239,452,818.86 54.50%
the listed company (RMB)
Net profit attributable to shareholders of
the listed company after deducting 362,049,812.07 39.42% 1,183,664,714.99 53.77%
non-recurring gains and losses(RMB)
Net cash flow arising from operating
-- -- 708,265,073.50 30.09%
activities(RMB)
Basic earnings per share (RMB/Share) 0.39 50.00% 1.21 53.16%
Diluted earnings per share (RMB/Share) 0.39 50.00% 1.21 53.16%
Weighted average ROE 3.81% 0.87% 12.22% 3.33%
Items and amount of extraordinary profit (gains)/losses
√Applicable □Not applicable
In RMB
Amount from year-begin
Item Note
to end of the Period
Gains/losses from the disposal of non-current asset (including the write-off that accrued for
307,094.95
impairment of assets)
Governmental subsidy reckoned into current gains/losses (not including the subsidy enjoyed
in quota or ration according to national standards, which are closely relevant to enterprise’s 10,198,355.11
business)
Gains/losses from entrusted investment or assets management 62,052,828.12
2
无锡威孚高科技集团股份有限公司 2014 年第三季度报告正文
Other non-operating income and expenditure except for the aforementioned items -4,509,557.79
Less: impact on income tax 10,186,100.24
Impact on minority shareholders’ equity (post-tax) 2,074,516.28
Total 55,788,103.87 --
Concerning the extraordinary profit (gain)/loss defined by Q&A Announcement No.1 on Information Disclosure for Companies
Offering Their Securities to the Public --- Extraordinary Profit/loss, and the items defined as recurring profit (gain)/loss according to
the lists of extraordinary profit (gain)/loss in Q&A Announcement No.1 on Information Disclosure for Companies Offering Their
Securities to the Public --- Extraordinary Profit/loss, explain reasons
□ Applicable √ Not applicable
In reporting period, the Company has no particular about items defined as recurring profit (gain)/loss according to the lists of
extraordinary profit (gain)/loss in Q&A Announcement No.1 on Information Disclosure for Companies Offering Their Securities to
the Public --- Extraordinary Profit/loss.
II. Statement of the total shareholders and shares-held of top ten shareholders at end of the
Period
1. Statement of the total common shareholders and shares-held of top ten common shareholders at end of
the Period
In Share
Total common shareholders in reporting period 46,117
Shares-held of top ten common shareholders
Proporti Number of share
Amount of
on of Amount of pledged/frozen
Shareholders Nature of shareholder restricted
shares shares held State of Amoun
shares held
held share t
WUXI INDUSTRY DEVELOPMENT
State-owned corporate 20.00% 204,059,398 54,026,400
GROUP CO., LTD.
ROBERT BOSCH GMBH Foreign corporate 14.00% 142,841,400 115,260,600
CCB—Bosera Theme Industry Securities Domestic non
1.80% 18,370,733
Investment Fund state-owned corporate
China Construction Bank－Fullgoal Tianbo
Domestic non
Innovation Theme Stock Securities 1.78% 18,203,072
state-owned corporate
Investment Fund
Domestic non
National Social Security Fund-103 portfolio 1.51% 15,354,520
state-owned corporate
BBH BOS S/A FIDELITY FD - CHINA
Foreign corporate 1.46% 14,931,279
FOCUS FD
National Social Security Fund-106 portfolio Domestic non 1.08% 10,998,775
3
无锡威孚高科技集团股份有限公司 2014 年第三季度报告正文
state-owned corporate
Bank of Communications – Fullgoal Tianyi Domestic non
0.89% 9,044,698
Value Securities Investment Fund state-owned corporate
China Minsheng Banking Corp. Ltd.- Yinhua
Domestic non
Shenzhen Stock 100 Index Classification 0.65% 6,648,366
state-owned corporate
Securities Investment Fund
Domestic non
National Social Security Fund-116 portfolio 0.65% 6,646,870
state-owned corporate
Particular about top ten common shareholders with un-restrict shares held
Amount of un-restrict Type of shares
Shareholders
common shares held Type Amount
WUXI INDUSTRY DEVELOPMENT GROUP CO., LTD. 150,032,998 RMB common shares 150,032,998
Domestically listed
ROBERT BOSCH GMBH 27,580,800 27,580,800
foreign shares
CCB—Bosera Theme Industry Securities Investment Fund 18,370,733 RMB common shares 18,370,733
China Construction Bank－Fullgoal Tianbo Innovation Theme Stock
18,203,072 RMB common shares 18,203,072
Securities Investment Fund
National Social Security Fund-103 portfolio 15,354,520 RMB common shares 15,354,520
Domestically listed
BBH BOS S/A FIDELITY FD - CHINA FOCUS FD 14,931,279 14,931,279
foreign shares
National Social Security Fund-106 portfolio 10,998,775 RMB common shares 10,998,775
Bank of Communications – Fullgoal Tianyi Value Securities
9,044,698 RMB common shares 9,044,698
Investment Fund
China Minsheng Banking Corp. Ltd.- Yinhua Shenzhen Stock 100
6,648,366 RMB common shares 6,648,366
Index Classification Securities Investment Fund
National Social Security Fund-116 portfolio 6,646,870 RMB common shares 6,646,870
Among the top ten shareholders, there has no associated
relationship between Wuxi Industry Development Group
Co., Ltd. and other shareholders, the first largest shareholder
of the Company; and they do not belong to the consistent
actionist regulated by the Management Measure of
Explanation on related relationship or concerted action among the
Information Disclosure on Change of Shareholding for
abovementioned shareholders
Listed Company.
Fullgoal Tianbo Innovation Theme Stock Securities
Investment Fund and Fullgoal Tianyi Value Security
Investment Fund shares the same fund manager –Fullgoal
Fund Management Co., Ltd.
Whether top ten common shareholders or top ten common shareholders with un-restrict shares held have a buy-back agreement
dealing in reporting period
4
无锡威孚高科技集团股份有限公司 2014 年第三季度报告正文
□ Yes √ No
The shareholders of the Company have no buy-back agreement dealing in reporting period.
2. Total of shareholders with preferred stock held and the top ten shareholdings in Period-end
□Applicable √Not applicable
5
无锡威孚高科技集团股份有限公司 2014 年第三季度报告正文
Section III. Important events
I. Particular about major changes from items of main accounting statements and financial
indexes as well as reasons
√ Applicable □Not applicable
(I) Impact on consolidated statement of the Company from revised or new Accounting Standards for Business Enterprise
In line with relevant rules in Accounting Standards for Business Enterprise No.2- Long-term equity investment
revised in 2014, as for the ―long-term equity investment‖ which the Company has no common control or
significant influence on the invested unit and without quotation in active market, whose fair value could not be
able to measured surely, concluded in Accounting Standards for Business Enterprise No.22- Recognition and
Measurement of Financial Instruments and listed in item of ―financial assets available for sale‖ for calculation
instead of ―long-term equity investment‖. The adjustment exercise since 1 July 2014 and RMB 202,940,000 in
total are involved in book, consolidated balance sheet at period-end and amount of balance sheet of parent
company at beginning of the Year have adjusted correspondingly.
(II) Particular about major changes from financial indexes as well as reasons
1. Accounts receivables: Increased RMB 336,224,700 over that of year-begin at end of the Period with 29.68
percent up, mainly due to the growth of sales income;
2. Account paid in advance: Increased RMB 237,587,900 over that of year-begin at end of the Period with 136.23
percent up, mainly because follow-up investment for national IV products increased.
3. Interest receivable: Decreased RMB 46,200,000 over that of year-begin, mainly because deposit receipt on due
and interest receivables collected.
4. Dividends receivable: Decreased RMB 22,937,000 over that of year-begin, mainly because register capital has
increased by transferring from rests of the retained profit of RBCD for year of 2012.
5. Other receivable: Increased RMB 6,402,900 over that of year-begin, mainly due to the growth of the rental fee
receivable.
6. Financial assets available for sale: Increased RMB 154,299,600 over that of year-begin at end of the Period
with 31.62 percent up, mainly because investment for Shanghai Chengding Detong in the Year and fair value of
the financial assets available for sale increased.
7. Investment held-to-maturity: Increased RMB 130 million over that of year-begin at end of the Period with 32.5
percent up, mainly because un-matured financing at period-end increased over that of year-beginning.
8. Long-term equity investment: Increased RMB 767,058,200 over that of year-begin at end of the Period with
30.44 percent up, mainly because the profit of the shareholding enterprise RBCD increased greatly.
9. Projects under construction: Increased RMB 248,963,300 over that of year-begin at end of the Period with
124.82 percent up, mainly because investment for Weifu Industry Park construction increased;
10. Notes payable: Increased RMB 166,496,000 over that of year-begin at end of the Period with 43.42 percent
6
无锡威孚高科技集团股份有限公司 2014 年第三季度报告正文
up, mainly because settlement business with note payables increased;
11. Investment income: Increased RMB 341,211,500 over same period of last year at Period with 73.69 percent
up, mainly because the profit of the shareholding enterprise increased greatly;
12. Asset impairment loss: Increased RMB 13,580,200 over same period of last year at Period, mainly because
accrual for inventory impairment losses increased;
13. Non-operating revenue: Increased RMB 4,193,700 over same period of last year, mainly due to the
confirmation of government relocation compensation;
14. Net cash flow arising from operation activities: Increased RMB 163,839,800 over same period of last year at
reporting Period with 30.09 percent up, mainly due to the growth of sales income;
15. Net cash flow arising from investment activities: RMB 133,251,000 decreased over same period of last year
at reporting Period, mainly because net cash out flow from trust financing decreased over same period of last year,
meanwhile, investment for Weifu industry park and Ningbo Tianli new plant district increased in the Period;
16. Net cash flow arising from financing activities: Increased RMB 549,556,900 over same period of last year,
mainly because short-term loans increased at same period of last year, and short-term loans cuts down in the
Period, dividend for shareholders increased in the Year.
II. Progress of significant events, their influences, and analysis and explanation of their
solutions
√ Applicable □Not applicable
Progress of part of the projects with fund raised:
1. WAPS research development and industrial diesel common rail system components capacity enhancement project
Currently, with the promotion of emission standards of National IV, common rail products have complete cover the market of
National IV, the common rail components matching the Bosch diesel common rail products are in short supply, therefore, the
Company rapid up the capacity improvement for common rail parts at present for components involved in the project with diesel
common rail system.
2. The construction of industry park project
Project is in a successfully progress and star to remove in September 2014 and expected complete in June 2015.
3. Battery material of engines and R&D of battery project
Due to an uncertainty in aspect of technology and policy, therefore, the Company was prudent for this project and continued to
follow development of power battery and would make decisions if needed.
Disclosure
Overview Query index for interim notice
date
On 21 January 2012, the Reply on Approval of Private Placement
under the name of WFHT( Zheng Jian Xu Ke [2012] No.109) was
approved and issued by CSRC, approved the Company to offering
112,858,000 new shares at most privately. Jiangsu Gongzheng The ‖Report on Private Placement and
issued the ―Capital Verification Report Su Gong W [2012] No. B Announcement of Listing (Summary)‖ (Notice
2012-02-28
006‖ on 10 February 2012: ended as 10 February 2012, WFHT has No.: 2012-12) published on Juchao
offered 112,858,000 RMB common shares (A-share), fund raised Website(www.cninfo.com.cn)
amounting as 2,866,028,910.00 Yuan, net amount of fund raised
amounting as 2,850,124,252.93 Yuan excluding the distribution
costs15,904,657.07 Yuan.
7
无锡威孚高科技集团股份有限公司 2014 年第三季度报告正文
The Proposal of Changing the Fund-raised Projects Investment Plan ― Notice of Changing the Fund-raised Projects
th th
was deliberated and approved by 9 meeting of 7 session of the Investment Plan‖ (Notice No.: 2013-007)
2013-03-28
Board held on 26 March 2013 and Annual General Meeting 2012 released on Juchao Website
dated 23 May 2013. The amount invested in industrialization of tail (www.cninfo.com.cn)
treatment system project changed from 260 million Yuan originally
―Resolution Notice of AGM of 2012‖ released
to 340 million Yuan, the parts adjusted will funding with 2013-05-24
on Juchao Website (www.cninfo.com.cn)
self-owned capital.
‖ Special Report on Fund-raised Deposit and Use
Special Report on Fund-raised Deposit and Use of Funds for year
2013-03-28 of Funds for year of 2012‖ released on Juchao
of 2012
Website (www.cninfo.com.cn)
―Special Report on Fund-raised Deposit and Use
Special Report on Fund-raised Deposit and Use of Funds for year
2014-04-15 of Funds for year of 2013 ―released on Juchao
of 2013
Website (www.cninfo.com.cn)
―Special Report on Fund-raised Deposit and Use
Special Report on Fund-raised Deposit and Use of Funds for fist of Funds for fist half year of 2014‖ published on
2014-08-30
half year of 2014 Juchao Website
(www.cninfo.com.cn)
III. Commitments made by the Company or shareholders holding above 5% shares of the
Company in reporting period or made in previous period and extending to reporting period
√ Applicable □Not applicable
Dated
Commitment for Commitm
Commitments Contents Implementation
party commit ent term
ment
Commitments fulfilled.
In order to promote the listed company’s
The ―Unfulfilled
steady and healthy development, fully
Commitment of Share
mobilize senior executives so as to ensure
Wuxi Industry Merger Reform Made by
to combine the interests of the governance
Development Majority Shareholder and
and shareholders of the Company, Weifu
Group Co., Ltd. Proposal of Changing the
Share Merger Industry Group committed: after Weifu 2006-04
(hereinafter Management Incentive
Reform High-tech finishing Share Merger Reform, -05
referred to as Mechanism Plan of WFHT‖
under related regulations of the state and
―Industry and ―Implementation Method
Wuxi government in terms of governance
Group‖) of Incentive Fund‖ were
encouragement system of listed company,
deliberated and approved by
the Group would the stock incentive plan
AGM of 2013 held on 20
for management level of Weifu High-tech.
June 2014
Commitments in
report of
acquisition or
equity change
8
无锡威孚高科技集团股份有限公司 2014 年第三季度报告正文
Commitments in
assets
reorganization
The privately offering of the Company
WUXI
totally issue 112,858,000 A-shares to
INDUSTRY
Commitments in substantial shareholder Wuxi Industry
DEVELOPMEN
initial public Group and foreign strategy investor
T GROUP CO., Implementing
offering or ROBERT BOSCH GMBH. The above said
LTD. and
refinancing shares are listed for trading in Shenzhen
ROBERT
Stock Exchange since 29 February 2012
BOSCH GMBH
with 36-month restriction
Other
commitments to
minority
shareholders of
the Company
Completed on
Yes
time or not
Detail reasons
for
un-complement
Not applicable
and further
plan(if
applicable)
IV. Estimation of operation performance for year of 2014
Estimation of accumulative net profit from the beginning of the year to the end of next report period to be loss probably or the
warning of its material change compared with the corresponding period of the last year and explanation of reason
□Applicable √Not applicable
V. Particular about security investment
√ Applicable □Not applicable
Proportion
Amount of Proportio Gains
Vari ofAmount of
Short stock-holdin stock-holdi n of Book value and loss
ety Code of Initial stock-hold Sourc
form of g at the ng at the stock-hol at the end of in the Accounting
of securitie investment ing at the end of the e of
securitie cost(RMB) beginning of ding at the period reportin subject
secu s beginning period stock
s the period
rities (Share) the end of (RMB) g
of the
(Share) the period (RMB)
period
Stoc 600841 SDEC 199,208,000 23,680,000 2.73% 23,680,000 2.73% 282,976,000 1,397,12 Financial Subsc
9
无锡威孚高科技集团股份有限公司 2014 年第三季度报告正文
k .00 .00 0.00 assets riptio
available for n
sales
Financial
Miracle Subsc
Stoc 69,331,500. 156,333,000 assets
002009 Logistic 9,300,000 2.90% 9,300,000 2.90% riptio
k 00 .00 available for
s n
sales
268,539,500 439,309,000 1,397,12
Total 32,980,000 -- 32,980,000 -- -- --
.00 .00 0.00
Disclosure date of
2012-03-24
securities investment
2013-06-04
approval from the Board
Disclosure date of
securities investment
approval from
Shareholders’ Meeting
(if applicable)
Explanation on equity of other listed company held
□ Applicable √ Not applicable
No security investment in Period-end.
VI. Particulars about derivatives investment
□ Applicable √ Not applicable
The Company had no derivatives investment in Period.
VII. Registration form of receiving research, communication and interview in the report
period
√ Applicable □Not applicable
Time Place Way Type Reception Contents discussed and material provided
From July to Office of the Public Answer investors on-line via interactive platform
Written inquiry Individual
September of 2013 Board investor for investors (http://irm.p5w.net/dqhd/sichuan/)
From July to Office of the Telephone Public
Individual Basic condition of the Company and the market
September of 2013 Board communication investor
Board of Directors of
Weifu High-Technology Group Co., Ltd.
25 October 2014
10
