2014 the Third Quarter Report Text of Yantai Changyu Pioneer Wine Co. Ltd.
Stock Code:000869,200869 Stock Abbreviation: Changyu A, Changyu B Announcement Number:2014-Ding Zheng 03
Yantai Changyu Pioneer Wine Co. Ltd.
2014 Third Quarter Report Text
Oct 2014
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2014 the Third Quarter Report Text of Yantai Changyu Pioneer Wine Co. Ltd.
I. Important Notice
The board of directors，the board of supervisors，directors, supervisors & senior managers of the
Company collectively and individually accept full responsibility for the truthfulness，accuracy and
completeness of the information contained in this quarter report and confirm that to the best of their
knowledge and belief there are no unfaithful facts, significant omissions or misleading statements.
All directors have personally attended the Board of Directors’ meeting for deliberating the quarter
report.
Mr. Sun Liqiang (Chairman of the Company), Mr. Leng Bin (Chief Financial Officer) and Mr. Jiang
Jianxun (Financial Director) assure the truthfulness, accuracy and completeness of the financial
report in the quarter report.
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2014 the Third Quarter Report Text of Yantai Changyu Pioneer Wine Co. Ltd.
II、Key financial data and shareholders changing
1. Key accounting data and financial data
Whether the Company makes retroactive adjustments or restates the accounting data of previous fiscal years.
□ Yes V No
The end of the report The end of last year More or less than
period last year(%)
Total assets (CNY) 8,676,987,100.00 8,001,532,444.00 8.44%
Net Assets attributed to the
shareholders of the listed company 6,663,123,798.00 7.33%
(CNY) 6,208,279,705.00
More or less than From the beginning of the More or less than
Item The report period year to the end of the report
last year(%) period last year(%)
Business income (CNY) 890,560,257.00 10.06% 3,192,550,505.00 -4.66%
Net profit attributed to the
shareholders of the listed company 160,970,139.00 25.55% 799,011,450.00 -8.03%
(CNY)
Net profit attributed to the
shareholders of the listed company
159,460,320.00 27.37% 789,361,175.00 -8.42%
after deducting the irregular profit and
loss (CNY)
Net cash flows from the operating
-- -- 1,096,794,105.00 66.89%
activities (CNY)
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2014 the Third Quarter Report Text of Yantai Changyu Pioneer Wine Co. Ltd.
Basic earnings per share (CNY) 0.23 21.05% 1.17 -7.87%
Diluted earnings per share (CNY) 0.23 21.05% 1.17 -7.87%
Weighted average for earning rate of
2.40% 0.38% 11.94% -1.79%
the net assets
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2014 the Third Quarter Report Text of Yantai Changyu Pioneer Wine Co. Ltd.
Details of non-recurring profit and loss
√available □not available
Unit：CNY
From beginning of the
Item year to end of report Explanation
period
Gain on disposal of non-current assets, including the
94,839.00
reversal of accrued impairment provision
Government grants credited in profit and loss (except
for those recurring government grants that are closely
13,451,971.00
related to the entity's operation, in line with related
regulations and have proper basis of calculation)
Other non-operating income and expenses -936,620.00
Less: Income tax effect 2,959,915.00
Total 9,650,275.00 --
The reasons shall be made clear and definitely as to the non-recurring profit and loss that the Company has
defined by virtue of the Explanatory Announcement on Public Company’s Information Disclosure No.1 - Non-
recurring Profit and Loss and as to regarding the non-recurring profit and loss as recurrent profit and loss as
specified in the Explanatory Announcement on Public Company’s Information Disclosure No.1 - Non-recurring
Profit and Loss.
□Available V Not available
There is no situation regarding the non-recurring profit and loss as defined and specified in the Explanatory
Announcement on Public Company’s Information Disclosure No.1 - Non-recurring Profit and Loss as
recurrent profit and loss.
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2014 the Third Quarter Report Text of Yantai Changyu Pioneer Wine Co. Ltd.
2. The total number of the shareholders and top 10 shareholders at the end of
the report period
1) The total number of common shareholders and top 10 common shareholders at the
end of the report period
Unit: share
Total number of common 44881, including
shareholders at the end of the
report period A shareholder 30,096 and B shareholder 14,785
The top 10 common shareholders
Number Pledged or
Character of Percentage of frozen
Name of Shareholders Shares held restricted
shareholders (%)
shares Share Amount
status
Domestic
YANTAI CHANGYU GROUP non-state-
50.40% 345,473,856 0 0
CO. LTD. owned legal
person
Foreign
GAOLING FUND,L.P. 3.53% 24,176,997 0 0
shareholder
BBH BOS S/A FIDELITY FD - Foreign
2.35% 16,106,326 0 0
CHINA FOCUS FD shareholder
Foreign
GIC PRIVATE LIMITED 1.69% 11,591,884 0 0
shareholder
Domestic
BOCOM SCHROEDER
non-state-
GROWTH STOCK SECURITIES 1.17% 8,009,270 0
INVESTMENT FUND
owned legal
person
VALUE PARTNERS HIGH- Foreign
0.62% 4,280,146 0 0
DIVIDEND STOCKS FUNDS shareholder
Foreign
NORGES BANK 0.61% 4,171,564 0 0
shareholder
Foreign
FIDELITY FUNDS 0.58% 3,997,933 0 0
shareholder
BBH A/C VANGUARD Foreign
EMERGING MARKETS STOCK shareholder 0.57% 3,903,287 0 0
INDEX FUND
FIDELITY CHINA SPECIAL Foreign
0.55% 3,779,202 0 0
SITUATIONS PLC shareholder
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2014 the Third Quarter Report Text of Yantai Changyu Pioneer Wine Co. Ltd.
The top 10 common shareholders with unrestricted shares
Name of Shareholders Number of Type of share
unrestricted
common Type of Amount
shares held share
YANTAI CHANGYU GROUP CO. LTD. 345,473,856 A share 345,473,856
GAOLING FUND,L.P. 24,176,997 B share 24,176,997
BBH BOS S/A FIDELITY FD - CHINA FOCUS B share
16,106,326 16,106,326
FD
GIC PRIVATE LIMITED 11,591,884 B share 11,591,884
BOCOM SCHROEDER GROWTH STOCK A share
8,009,270 8,009,270
SECURITIES INVESTMENT FUND
VALUE PARTNERS HIGH-DIVIDEND B share
4,280,146 4,280,146
STOCKS FUNDS
NORGES BANK 4,171,564 B share 4,171,564
FIDELITY FUNDS 3,997,933 B share 3,997,933
BBH A/C VANGUARD EMERGING MARKETS B share
3,903,287 3,903,287
STOCK INDEX FUND
FIDELITY CHINA SPECIAL SITUATIONS PLC 3,779,202 B share 3,779,202
Among the top 10 shareholders, Yantai Changyu Group
The explanation for the Company Limited has no associated relationship or accordant
associated relationship and action relationship with the other 9 listed shareholders, and the
accordant action relationship among the other shareholders is unknown.
Explanation for the top10
common shareholders with
unrestricted shares who The top 10 Shareholders is not involved in financing activities
involved in financing and stock trading business.
activities and stock trading
business(if any)
Whether or not the Company’s top10 common shareholders and top 10 common shareholders
with unrestricted shares promise to buy back trading during the report period
□ Yes √ No
There is no agreed to buy back trading by Company shareholders during the report period.
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2014 the Third Quarter Report Text of Yantai Changyu Pioneer Wine Co. Ltd.
2) The total number of preferred shareholders and top 10 preferred shareholders at the end of
the report period
□Available V Not available
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2014 the Third Quarter Report Text of Yantai Changyu Pioneer Wine Co. Ltd.
III Major Issue
1. The Great Change and Reasons on Main Accountant Data and Financial Index
√available □not available
Compared the end of the report period with the beginning of the year, notes receivable of
the Company increases by 179.30%, mainly due to the growth on bank acceptances,
prepayment decreases by 46.43% , mainly due to the reduction of prepaid material
purchase amount, interest receivable declines by 69.90%, mainly due to decrease of
receivable interest on bank fixed deposit, construction in process increases by 33.80%,
mainly due to the increase of the accumulative total investment in Company’s project
under construction, accounts payable increases by 31.55%,mainly due to increase of
payable suppliers’ payment for goods, deposit received increases by 63.57%, mainly due
to the growth of advances on sales.
From January to September 2014, the Company received other cash related to operating
activities which decreased by 67.40% compared with the same period of last year, mainly
due to receiving the decline of bank deposit and agencies’ cash deposit, cash paid for
goods and services decreased by 30.18% compared with the same period of last year,
mainly due to decline payment for purchasing raw material, net amount of cash flow from
operating activities increased by 66.89%, mainly due to the effective control of cost and
expenses, the decline on cash outflows of operating activities.
From July to September 2014, the company strongly promoted the products’ distribution,
enforce the control of cost and expenses, so that operating revenue increased by 10.06%
compared by the same periods of last year, sales expenses decreased by 5.98%, net profit
attributed to parent company’s shareholders increased by 25.55% compared with the
same periods of last year.
2. Analysis explanation of the major issue’s process, its influence and the
solution
□Available V Not available
3. The commitments of the Company or shareholders of the Company holding more
than 5% in the report period or until the report period
√available □not available
Commitment Commitment Commitment Commitment
Commitments Implementation
Party content time period
Commitments has been
- － 2006.03.11 3 years
at share reform fulfilled
Commitments
made in
acquisition - - - -
report or equity
changes report
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2014 the Third Quarter Report Text of Yantai Changyu Pioneer Wine Co. Ltd.
Commitments
at asset - - - -
restructuring
According to
"Trademark
License Contract",
the Company will
pay trademark
royalty for the
Yantai "Changyu"products
Changyu of Yantai Changyu In-process
1997.05.18 Forever
Commitments Group Co., Group Co., Ltd performed
at the initial Ltd every year, Yantai
public offering Changyu Group
or refinancing Co., Ltd will use
trademark to
advertise Changyu
trademarks and the
Contract products.
Yantai
Changyu Non Intra-industry Has been
1997.05.18 Forever
Group Co, competition performed
Ltd
Commitments
made to the
minority - - - -
shareholders of
the Company
Commitment
under timely
Yes
implementation
or not
Specific
reasons of not
completing the
No
implementation
and the next
step
4. Forecast on the operating performance in the year of 2014
Warning and explanation for the estimation on the possible loss of cumulative net profit in the
period from the beginning of this year to the end of the next report period or the great change
comparing with same period of last year.
□Available V Not available
5. The situation of security investment
□Available V Not available
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2014 the Third Quarter Report Text of Yantai Changyu Pioneer Wine Co. Ltd.
There is no security investment during the report period.
Explanation for the situation of holding other listed company’s shareholding.
6. The situation of derivatives investment
□Available V Not available
There is no security investment during the report period.
7. The activities registration form of receptions, communication and interview etc. during
the report period
V Available □Not available
Main discussed
Type of
Reception Reception Reception contents and the
reception Reception object
time place way information
object
provided
Wang Jiandong from Sunshine current business
insurance group Sunshine asset
Meeting operation
Field management co., Ltd., Jia
2014.09.19 room of the Institution
survey Tingting from Danshuiquan situation and
Company
(Beijing) investment management
Co., Ltd. other issues
8. Effect of new issued or revised accounting standard on the consolidated balance sheet of
the Company
□Available V Not available
Yantai Changyu Pioneer Wine Co. Ltd.
Board of Directors
30th October 2014
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