Gujing Distillery Original Chinese Spirits Abstract of Third Quarter Report 2016 Stock code: 000596, 200596 Stock name: Gujing Distillery, Gujing Distillery B Announcement No.: 2016-027 ANHUI GUJING DISTILLERY COMPANY LIMITED ABSTRACT OF THIRD QUARTER REPORT 2016 1/9 Gujing Distillery Original Chinese Spirits Abstract of Third Quarter Report 2016 Section I Important Statements The Board of Directors, the Supervisory Committee as well as all directors, supervisors and senior management staff of Anhui Gujing Distillery Company Limited (hereinafter referred to as “the Company”) warrant that this report is factual, accurate and complete without any false record, misleading statement or material omission. And they shall be jointly and severally liable for that. All directors attended the board session for reviewing this report. Liang Jinhui, company principal, Ye Changqing, chief of the accounting work, and Zhu Jiafeng, chief of the accounting organ (chief of accounting), hereby confirm that the financial statements enclosed in this report are factual, accurate and complete. This Report is prepared in both Chinese and English. Should there be any discrepancy between the two versions, the Chinese version shall prevail. 2/9 Gujing Distillery Original Chinese Spirits Abstract of Third Quarter Report 2016 Section II Financial Highlights & Shareholder Changes I Highlights of accounting data and financial indicators Whether the Company performs any retroactive adjustments to or restatements of its accounting data of last year due to change in accounting policies or correction of accounting errors □ Yes √ No 30 September 2016 31 December 2015 +/- (%) Total assets (RMB) 8,940,411,922.95 7,183,147,641.13 24.46% Net assets attributable to shareholders of the Company 5,362,246,493.56 4,833,721,630.08 10.93% (RMB) January-September July-September 2016 YoY +/- (%) YoY +/- (%) 2016 Operating revenues (RMB) 1,460,526,002.88 12.23% 4,505,560,709.61 12.23% Net profit attributable to shareholders of the Company 151,384,181.93 26.04% 582,439,644.55 16.35% (RMB) Net profit attributable to shareholders of the Company 128,287,249.62 23.54% 551,523,602.11 16.82% excluding exceptional profit and loss (RMB) Net cash flows from operating -- -- 1,202,847,188.47 80.19% activities (RMB) Basic earnings per share 0.30 25.00% 1.160 17.17% (RMB/share) Diluted earnings per share 0.30 25.00% 1.160 17.17% (RMB/share) Weighted average return on equity 2.74% 0.38% 11.21% -0.18% (%) Unit: RMB Item January-September 2016 Note Profit/loss on disposal of non-current assets (including offset -4,039,636.27 amount of asset impairment provisions) Government grants charged to the profit/loss for the Reporting Period (except for the government grants closely related to the 25,285,600.82 business of the Company and given at a fixed quota or amount in accordance with the State’s uniform standards) 3/9 Gujing Distillery Original Chinese Spirits Abstract of Third Quarter Report 2016 Gains and losses on change in fair value from tradable financial assets and tradable financial liabilities, as well as investment income from disposal of tradable financial assets and tradable 15,509,185.22 financial liabilities and financial assets available for sales except for effective hedging related with normal businesses of the Company Non-operating income and expense other than the above 6,840,504.74 Less: Income tax effects 10,898,913.63 Minority interests (after tax) 1,780,698.44 Total 30,916,042.44 -- Explanation of why the Company classified an item as exceptional profit/loss according to the definition in the Explanatory Announcement No. 1 on Information Disclosure for Companies Offering Their Securities to the Public—Exceptional Profit and Loss, or reclassified any exceptional profit/loss item given as an example in the said explanatory announcement to recurrent profit/loss □ Applicable √ Not applicable No such cases in the Reporting Period. II Total number of shareholders and shareholdings of top 10 shareholders at the period-end 1. Total number of ordinary shareholders and preference shareholders who had resumed their voting right & shareholdings of top 10 shareholders at the period-end Unit: share Total number of preference Total number of ordinary shareholders who had shareholders at the end of the 24,876 resumed their voting right at Not applicable Reporting Period the end of the Reporting Period (if any) Shareholdings of top 10 shareholders Number of Pledged or frozen shares Name of Nature of Shareholding Number of shares restricted shares shareholder shareholder percentage held Status Number held ANHUI GUJING GROUP State-owned 53.89% 271,404,022 Pledged 114,000,000 COMPANY corporation LIMITED GAOLING Foreign 2.47% 12,446,408 FUND,L.P. corporation UBS Foreign (LUXEMBOUR 2.41% 12,150,199 corporation G) S.A. 4/9 Gujing Distillery Original Chinese Spirits Abstract of Third Quarter Report 2016 Foreign NORGES BANK 2.35% 11,853,146 corporation CHINA INT'L CAPITAL CORP Foreign HONG KONG 1.60% 8,040,454 corporation SECURITIES LTD GREENWOODS Foreign CHINA ALPHA 1.52% 7,648,898 corporation MASTER FUND CENTRAL HUIJIN State-owned 1.30% 6,543,600 INVESTMENT corporation CO., LTD. 3W GREATER Foreign CHINA FOCUS 0.70% 3,529,479 corporation FUND CHINA MERCHANTS State-owned SECURITIES 0.70% 3,504,116 corporation (HK) CO., LIMITED GOLDEN Foreign CHINA 0.68% 3,416,434 corporation MASTER FUND Shareholdings of top 10 non-restricted shareholders Type of shares Name of shareholder Number of non-restricted shares held at the period-end Type Number ANHUI GUJING GROUP RMB ordinary 271,404,022 271,404,022 COMPANY LIMITED share Domestically GAOLING FUND,L.P. 12,446,408 listed foreign 12,446,408 share Domestically UBS (LUXEMBOURG) S.A. 12,150,199 listed foreign 12,150,199 share Domestically NORGES BANK 11,853,146 listed foreign 11,853,146 share CHINA INT'L CAPITAL CORP 8,040,454 Domestically 8,040,454 5/9 Gujing Distillery Original Chinese Spirits Abstract of Third Quarter Report 2016 HONG KONG SECURITIES LTD listed foreign share Domestically GREENWOODS CHINA ALPHA 7,648,898 listed foreign 7,648,898 MASTER FUND share CENTRAL HUIJIN INVESTMENT RMB ordinary 6,543,600 6,543,600 CO., LTD. share Domestically 3W GREATER CHINA FOCUS 3,529,479 listed foreign 3,529,479 FUND share Domestically CHINA MERCHANTS 3,504,116 listed foreign 3,504,116 SECURITIES (HK) CO., LIMITED share Domestically GOLDEN CHINA MASTER FUND 3,416,434 listed foreign 3,416,434 share Among the shareholders above, no affiliated relationship exists between the Company’s controlling shareholder—Anhui Gujing Group Company Limited—and other shareholders, nor they are parties acting in concert as defined in the Administrative Measures on Related or act-in-concert parties Information Disclosure of Changes in Shareholding of Listed Companies. As for other among the shareholders above shareholders, the Company does not know whether they are related parties or whether they belong to parties acting in concert as defined in the Administrative Measures on Information Disclosure of Changes in Shareholding of Listed Companies. Top 10 ordinary shareholders conducting securities margin trading Not applicable (if any) Did any of the top 10 ordinary shareholders or the top 10 non-restricted ordinary shareholders of the Company conduct any promissory repo during the Reporting Period? □ Yea √ No No such cases in the Reporting Period. 2. Total number of preference shareholders and shareholdings of the top 10 of them at the period-end □ Applicable √ Not applicable 6/9 Gujing Distillery Original Chinese Spirits Abstract of Third Quarter Report 2016 Section III Significant Events I Changes in main accounting statement items and financial indicators in the Reporting Period, as well as reasons for the changes √ Applicable □ Not applicable Closing amount Opening amount Balance sheet item Change (%) Main reason for change (RMB) (RMB) Notes were adopted more often Notes receivable 751,361,298.12 539,442,903.31 39.28% in settlement with customers Accounts receivable 10,769,881.03 4,948,074.84 117.66% Expanded consolidated scope Other accounts 17,517,209.93 8,617,955.68 103.26% Expanded consolidated scope receivable Intangible assets 704,446,488.79 298,372,239.96 136.10% Expanded consolidated scope Notes were adopted less often Notes payable 4,408,583.00 93,768,583.00 -95.30% in settlement with suppliers Accounts received in 944,818,296.99 608,565,152.50 55.25% Increase in sales orders advance Increase in earnest money Other accounts payable 777,232,836.07 452,193,188.94 71.88% received Assessed appreciation in asset Deferred tax liabilities 108,886,322.76 20,463,660.87 432.10% value in business merger not under the same control Cash flow statement Current period Same period of last Change (%) Main reason for change item (RMB) year (RMB) Cash received from Increase in earnest money other operating 382,955,144.81 252,465,602.57 51.69% received activities Cash received from Increase in retraction of funds retraction of 2,687,852,537.76 1,698,775,053.18 58.22% on wealth management investments products Cash received as return Increase in return on 68,398,591.73 49,005,653.33 39.57% on investments investment Cash received from 314,000.00 2,264,000.00 -86.13% Decrease in investment other investing activities Cash paid for Wealth management products 2,671,617,710.68 1,736,888,380.40 53.82% investment were purchased 7/9 Gujing Distillery Original Chinese Spirits Abstract of Third Quarter Report 2016 Cash received as Interest-free borrowing of 1,000,000.00 0.00 100.00% borrowings subsidiary Net cash flows from -49,360,000.00 -100,720,000.00 -50.99% Decrease in cash dividends paid financing activities II Progress on significant events, as well as the influence and solutions □ Applicable √ Not applicable III Commitments of the Company, its shareholders, actual controller, acquirer, directors, supervisors, senior management or other related parties fulfilled in the Reporting Period or ongoing at the period-end □ Applicable √ Not applicable No such cases in the Reporting Period. IV Performance forecast for Y2016 Warning of possible loss or considerable YoY change in the accumulative net profit made during the year-beginning to the end of the next reporting period, as well as the reasons □ Applicable √ Not applicable V Securities investments √ Applicable □ Not applicable Shareholdi Number Number Shareholdi Gain/los Variety Code Name ng Initial of shares of shares ng Closing s for of of of percentage Accounting Source investment held at held at percentage book value reporting securiti securiti securiti at title of stock cost (RMB) period-be period-e at (RMB) period es es es period-beg gin nd period-end (RMB) in Available-for- 43,374,616. 10,485,10 14,877,1 50,135,827. 141,172. Self-own Stock 601988 ZGYH 0.00% 0.00% sale financial 10 0 00 00 16 ed funds assets Available-for- 71,277,724. 8,040,88 72,930,863. 170,480. Self-own Stock 000001 PAYH 2,219,720 0.00% 0.00% sale financial 48 9 23 24 ed funds assets Available-for- 91,133,996. 6,445,12 150,622,454 Self-own Stock 600373 ZWCM 6,445,120 0.00% 0.00% 0.00 sale financial 80 0 .40 ed funds assets 205,786,337 19,149,94 29,363,1 273,689,144 311,652. Total -- -- -- -- .38 0 09 .63 40 8/9 Gujing Distillery Original Chinese Spirits Abstract of Third Quarter Report 2016 Disclosure date of the board announcement on approval of the securities investment Disclosure date of the general meeting announcement on approval of the securities investment (if any) VI Investment in derivative financial instruments □ Applicable √ Not applicable No such cases in the Reporting Period. VII Visits paid to the Company for purposes of research, communication, interview, etc. during the Reporting Period □ Applicable √ Not applicable No such cases in the Reporting Period. VIII Illegal provision of guarantees for external parties □ Applicable √ Not applicable No such cases in the Reporting Period. IX Occupation of the Company’s funds for non-operating purposes by the controlling shareholder and its related parties □ Applicable √ Not applicable No such cases in the Reporting Period. 9/9