2015 the First Quarter Report Abstract of Yantai Changyu Pioneer Wine Co.Ltd.
Shares Code: 000869. 200869 Shares Abbreviation: Changyu A、Changyu B
Notice No.: 2015-Final02
Yantai Changyu Pioneer Wine Co. Ltd.
2015 First Quarter Report Abstract
2015-Final 02
April 2015
2015 the First Quarter Report Abstract 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 report and
confirm that to the best of their knowledge and belief there are no
unfaithful facts, significant omissions or misleading statements.
All directors attended the meeting for deliberating this 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 annual report.
2015 the First Quarter Report Abstract of Yantai Changyu Pioneer Wine Co.Ltd.
II、Key financial data and shareholders changing
1. Key financial data
Whether the Company makes retroactive adjustments or restates the
accounting data of previous fiscal years.
□ Yes V No
The same period of More or less than
Item The report period
last year last year(%)
Business income (CNY) 1,825,212,207.00 1,508,515,994.00 20.99%
Net profit attributed to the
shareholders of the listed 530,248,397.00 457,522,651.00 15.90%
company (CNY)
Net profit attributed to the
shareholders of the listed
526,745,613.00 454,655,350.00 15.86%
company after deducting the
irregular profit and loss (CNY)
Net cash flows from the
697,396,327.00 706,507,223.00 -1.29%
operating activities (CNY)
Basic earnings per share
0.77 0.67 14.93%
(CNY)
Diluted earnings per share
0.77 0.67 14.93%
(CNY)
Weighted average for earning
7.46% 6.64% 0.82%
rate of the net assets
The end of the More or less than
The end of last year
report period last year(%)
Total assets (CNY) 9,719,260,222.00 8,912,232,640.00 9.06%
Net Assets attributed to the
shareholders of the listed 7,365,209,920.00 6,840,452,145.00 7.67%
company (CNY)
Details of irregular profit and loss
V Yes □ No
2015 the First Quarter Report Abstract of Yantai Changyu Pioneer Wine Co.Ltd.
Unit：CNY
From beginning of year
Item Explanation
to end of report period
Government grants credited in profit and loss
(except for those recurring government grants
that are closely related to the entity's operation, 3,411,679.00
in line with related regulations and have proper
basis of calculation)
Other non-operating income and expenses 1,061,714.00
Less: Income tax effect 970,609.00
Total 3,502,784.00 --
The reasons shall be made clear and definitely as to the irregular profit and
loss that the Company has defined by virtue of the Explanatory
Announcement on Public Company’s Information Disclosure No.1 -
Irregular Profit and Loss and as to regarding the irregular profit and loss as
recurrent profit and loss as specified in the Explanatory Announcement on
Public Company’s Information Disclosure No.1 - Irregular 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.
2. The total number of shareholders and top 10 shareholders at the
end of the report period
1) The total number of the common shareholders and top 10 common
shareholders at the end of the report period
Unit: share
Total 43,169
Total number of common
28852 Shareholders of A shares
shareholders
14317 Shareholders of B shares
2015 the First Quarter Report Abstract of Yantai Changyu Pioneer Wine Co.Ltd.
The top 10 common shareholders
Number Pledged or
Character of Percentage of frozen
Name of Shareholders Shares held restricted
shareholders (%) Share Amo
shares
status unt
YANTAI CHANGYU GROUP Domestic
COMPANY LIMITED non-state-ow
50.40% 345,473,856 0 0
ned legal
person
GAOLING FUND,L.P. Foreign
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
GIC PRIVATE LIMITED Foreign
1.45% 9,913,484 0 0
shareholder
MORGAN STANLEY & CO. Foreign
0.67% 4,620,321 0 0
INTERNATIONAL PLC shareholder
Foreign
NORGES BANK 0.66% 4,511,246 0 0
shareholder
BBH A/C VANGUARD Foreign
EMERGING MARKETS STOCK shareholder 0.56% 3,846,587 0 0
INDEX FUND
FIDELITY CHINA SPECIAL Foreign
0.55% 3,779,202 0 0
SITUATIONS PLC shareholder
Foreign
FIDELITY FUNDS 0.53% 3,644,429 0 0
shareholder
GREENWOODS CHINA ALPHA Foreign
0.52% 3,588,951 0 0
MASTER FUND shareholder
The top 10 common shareholders with unrestricted shares
Name of Shareholders Number of Type of share
unrestricted
shares held Type of Amount
share
YANTAI CHANGYU GROUP COMPANY LIMITED 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 FD 16,106,326 B share 16,106,326
2015 the First Quarter Report Abstract of Yantai Changyu Pioneer Wine Co.Ltd.
GIC PRIVATE LIMITED 9,913,484 B share 9,913,484
MORGAN STANLEY & CO. INTERNATIONAL PLC 4,620,321 B share 4,620,321
NORGES BANK 4,511,246 B share 4,511,246
BBH A/C VANGUARD EMERGING MARKETS B share
3,846,587 3,846,587
STOCK INDEX FUND
FIDELITY CHINA SPECIAL SITUATIONS PLC 3,779,202 B share 3,779,202
FIDELITY FUNDS 3,644,429 B share 3,644,429
GREENWOODS CHINA ALPHA MASTER FUND 3,588,951 B share 3,588,951
Among the top 10 shareholders, Yantai Changyu Group
The explanation for the associated Company Limited has no associated relationship or accordant
relationship and accordant action action relationship with the other 9 listed shareholders, and the
of the top 10 shareholders relationship among the other shareholders is unknown.
Explanation for the top 10
common shareholders who No
involved in financing activities
and stock trading business(if any)
Whether or not the Company’s top 10 common shareholders and top 10
common shareholders with unrestricted shares promise to buy back
trading during the report period
□ Yes √ No
There is no top 10 common shareholders and top 10 common
shareholders with unrestricted shares in the Company promise to buy
back trading during the report period.
2) The total number of the preferred shareholders and top 10 preferred
shareholders at the end of the report period
□Available V Not available
2015 the First Quarter Report Abstract 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 report period, monetary capital increases by 37.51%,
mainly due to the increased returned sales money; notes receivable increases by 241.38%, mainly due to the growth on
bank acceptances; account receivables increases by 30.34%, mainly due to the expansion of Company’s direct-selling
business and increase of clients’ sales amount on credit; interest receivable increases by 37.33%, mainly due to
increased interest receivables on deposit; advance payment increases by 75.27%, mainly due to the growth of advances
on sales from clients. During the report period, sales revenue increases by 20.99% on a year-on-year basis, mainly due to
increased sales volume of products, especially middle-end dry wine products; selling expense increases by 26.93% on a
year-on-year basis, mainly due to the expansion of direct-selling business; financial expense increases by 40.85% on a
year-on-year basis, mainly due to the decline in the income of interest on deposit.
2015 the First Quarter Report Abstract of Yantai Changyu Pioneer Wine Co.Ltd.
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 Commitme Commitment
Commitments Implementation
Party content nt time period
Commitments at
- －
share reform
Commitments
made in acquisition
- - - -
report or equity
changes report
Commitments at
- - - -
asset restructuring
Commitments at Yantai Changyu Non Intra-industry
1997.05.18 Permanent Has been performed
the initial public Group Co., Ltd competition
2015 the First Quarter Report Abstract of Yantai Changyu Pioneer Wine Co.Ltd.
offering or According to
refinancing "Trademark License
Contract", the
Company will pay
trademark royalty
for the
"Changyu"products
of Yantai Changyu
1997.05.18 Forever Has been performed
Group Co., Ltd
every year, Yantai
Changyu Group Co.,
Ltd will use
trademark to
advertise Changyu
trademarks and the
Contract products.
Commitments
made to the
minority - - - -
shareholders of the
Company
Commitment under
timely Yes
implementation or
2015 the First Quarter Report Abstract of Yantai Changyu Pioneer Wine Co.Ltd.
not
Specific reasons of
not completing the
No
implementation
and the next step
4. Forecast on the operating performance in the period from January to June of 2015
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
There is no security investment during the report period.
6. Explanation for the situation of holding other listed company’s shareholding
□Available V Not available
2015 the First Quarter Report Abstract of Yantai Changyu Pioneer Wine Co.Ltd.
There is no holding other listed company’s shareholding during the report
period.
7. The situation of derivative investment
□Available V Not available
There is no derivative investment during the report period.
8. The activities registration form of receptions, communication
and interview etc. during the report period
□Available V Not available
There is no activities of receptions, communication and interview etc.
during the report period.
Yantai Changyu Pioneer Wine Co. Ltd.
Board of Directors
30th April 2015
