深圳中华自行车(集团)股份有限公司 2014 年第三季度报告正文
Shenzhen China Bicycle Company (Holdings) Limited
THE THIRD QUARTERLY REPORT FOR 2014 TEXT
1
深圳中华自行车(集团)股份有限公司 2014 年第三季度报告正文
Section I. Important Notes
Board of Directors and the Supervisory Committee of SHENZHEN CHINA BICYCLE COMPANY (HOLDINGS)
LIMITED (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.
Principal of the Company Luo Guiyou, Person in Charge of Accounting Works Li Hai and Person in Charge of
Accounting Organ (Accounting Officer) Sun Longlong hereby confirm that the Financial Report of the Third
Quarterly Report is authentic, accurate and complete.
2
深圳中华自行车(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) 72,156,738.05 151,511,429.85 -52.38%
Net assets attributable to
shareholders of listed company 10,405,755.57 7,003,335.40 48.58%
(RMB)
Increase/decrease in
Increase/decrease in
Year-begin to end of comparison with
Current period comparison with same
the Period year-begin to
period of last year
Period-end of last year
Operating revenue (RMB) 76,284,807.38 -19.97% 161,951,441.78 -19.12%
Net profit attributable to
shareholders of the listed company 1,513,462.59 -34.78% 3,388,112.05 -112.57%
(RMB)
Net profit attributable to
shareholders of the listed company
-1,232,807.99 -153.00% -3,926,872.81 -186.82%
after deducting non-recurring
gains and losses(RMB)
Net cash flow arising from
-- -- 3,195,660.61 -126.07%
operating activities(RMB)
Basic earnings per share
0.0027 -35.71% 0.0061 -112.47%
(RMB/Share)
Diluted earnings per share
0.0027 -35.71% 0.0061 -112.47%
(RMB/Share)
Weighted average ROE 15.70% 15.83% 38.92% 37.36%
Items and amount of extraordinary profit (gains)/losses
√Applicable □Not applicable
In RMB
Amount from year-begin to
Item Note
end of the Period
Gains/losses from the disposal of non-current asset (including the 33,851.46
3
深圳中华自行车(集团)股份有限公司 2014 年第三季度报告正文
write-off that accrued for impairment of assets)
Mainly refers to the reserved
Other non-operating income and expenditure except for the operation fund of turnaround plan
7,923,385.19
aforementioned items for year of 2014 appropriate by
administrator
Less: impact on income tax 609,134.38
Impact on minority shareholders’ equity (post-tax) 33,117.41
Total 7,314,984.86 --
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
33,549
reporting period-end
Shares-held of top ten common shareholders
Number of share
Amount of
Nature of Proportion of shares Amount of pledged/frozen
Shareholders restricted shares
shareholder held shares held State of
held Amount
share
Shenzhen Guosheng Domestic
Energy Investment non-State-owned 11.52% 63,508,747 0 0
Development Co., Ltd. legal person
Zhuorun Technology Co., Foreign legal
4.90% 27,000,000 0 0
Ltd. person
Specific account of
Domestic
property disposition for
non-State-owned 1.63% 9,001,018 0 0
bankruptcy enterprise of
legal person
CBC
4
深圳中华自行车(集团)股份有限公司 2014 年第三季度报告正文
Domestic nature
Zeng Ying 1.15% 6,342,717 0 0
person
CORE
PACIFIC-YAMAICHI Foreign legal
0.99% 5,437,713 0 0
INTERNATIONAL person
(H.K.) LIMITED
Jingchao Investment Co., Foreign legal
0.84% 4,601,789 0 0
Ltd. person
Domestic nature
Li Dongxuan 0.71% 3,896,799 0 0
person
Domestic nature
Li Huili 0.71% 3,891,124 0 0
person
Domestic nature
Xu Hongbo 0.57% 3,137,419 0 0
person
Domestic
Liuzhou Jiali Real Estate
non-State-owned 0.39% 2,147,400 0 0
Development Co., Ltd.
legal person
Particular about top ten common shareholders with un-restrict shares held
Type of shares
Shareholders Amount of un-restrict common shares held
Type Amount
Shenzhen Guosheng Energy RMB ordinary
63,508,747 63,508,747
Investment Development Co., Ltd. shares
RMB ordinary
Zhuorun Technology Co., Ltd. 27,000,000 27,000,000
shares
RMB ordinary
5,011,444
Specific account of property shares
disposition for bankruptcy enterprise 9,001,018
Domestically
of CBC
listed foreign 3,989,574
shares
Domestically
Zeng Ying 6,342,717 listed foreign 3,989,574
shares
Domestically
CORE PACIFIC-YAMAICHI
5,437,713 listed foreign 5,437,713
INTERNATIONAL (H.K.) LIMITED
shares
RMB ordinary
Jingchao Investment Co., Ltd. 4,601,789 4,601,789
shares
RMB ordinary
Li Dongxuan 3,896,799 3,896,799
shares
5
深圳中华自行车(集团)股份有限公司 2014 年第三季度报告正文
Domestically
Li Huili 3,891,124 listed foreign 3,891,124
shares
Domestically
Xu Hongbo 3,137,419 listed foreign 3,137,419
shares
Liuzhou Jiali Real Estate RMB ordinary
2,147,400 2,147,400
Development Co., Ltd. shares
Li Huili, the spouse of actual controller Ji Hanfei, holding B-share of the Company on
Explanation on associated behalf of Shenzhen Guosheng Energy Investment Development Co., Ltd., beyond that, the
relationship among the aforesaid Company has no idea of whether other circulated shareholders belong to concerted action
shareholders persons ruled in the Administration Norms for Information Disclosure of Change on
Shareholding of Shareholders of Listed Companies.
Explanation on shareholders
involving margin business about top
N/A
ten common shareholders with
un-restrict shares held (if applicable)
Whether top ten common shareholders or top ten common shareholders with un-restrict shares held have a buy-back agreement
dealing in reporting period
□ Yes √ No
The ten common shareholders or top ten common shareholders with un-restrict shares held 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
6
深圳中华自行车(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
Unit: RMB
Items of balance 2014-9-30 2013-12-31 +,- (%) Reasons
3,230,337.99 177,636.49 1,718.51% Increase of account paid in advance resulted by
Account paid in
goods preparation for peak season from subsidiary
advance
EMMELLE
568,389.93 107,395,429.69 -99.47% Enterprise income tax etc. for last year appropriate
Other receivables
by administrator was received in the Year
24,508,337.34 4,545,116.43 439.22% Subsidiary EMMELLE prepare goods for the peak
Inventory
season
Fixed assets 573,307.35 227,824.37 151.64% Purchasing new transportation fixed assets
23,426,459.49 9,935,720.73 135.78% Increase of account payables resulted by goods
Account payables preparation for peak season from subsidiary
EMMELLE
Account received 7,548,771.94 3,627,323.31 108.11% Account received in advance from subsidiary
in advance EMMELLE for peak season
1,729,923.83 93,778,253.57 -98.16% Enterprise income tax of last year was paid in the
Taxes payable
Year
Items of profit January to January to +,- (%) Reasons
September 2014 September 2013
Management 8,232,826.01 41,824,619.27 -80.32% The economic copensation was paid last year due to
expense the reforming
Non-operation 7,980,988.65 75,884.58 10,417.27% Mainly refers to the reserved operation fund of
revenue turnaround plan for year of 2014 appropriate by
administrator
Items of cash January to January to +,- (%) Reasons
flow September 2014 September 2013
Cash received 114,436,167.03 26,816,469.18 326.74% Enterprise income tax for last year appropriate by
relating to other administrator was received in the Year
operating
activities
Cash paid to/for 7,554,518.21 38,361,775.00 -80.31% The economic copensation was paid last year due to
staff and workers the reforming
Taxes paid 95,009,998.10 4,092,057.23 2,221.81% Enterprise income tax of last year was paid in the
7
深圳中华自行车(集团)股份有限公司 2014 年第三季度报告正文
Year
Net cash flow -364,088.02 1,863,570.94 -119.54% Purchasing new fixed assets in the Year while there
arising from has a fixed assets disposal at same period of last
investment year
activities
II. Progress of significant events, their influences, and analysis and explanation of their
solutions
√ Applicable □Not applicable
1.Explanation on last year’s “Qualified Opinion”
On 11 May 2012, the largest shareholder and biggest creditor of the Company, Shenzhen Guosheng Energy Investment and
Development Co., Ltd. applied to Shenzhen Municipal Intermediate People's Court for reforming the Company as the Company
couldn’t pay off the matured debts and was seriously insolvent. On 12th, Oct., 2012, Shenzhen Municipal Intermediate People's Court
ruled to accept the application proposed by Guosheng Energy according to (2012) Shenzhen Intermediate Court Po Zi No. 30 civil
ruling. In late October, 2012, Shenzhen Municipal Intermediate People's Court ruled to reform the Company since 25 th, Oct., 2012
according to (2012) Shenzhen Intermediate Court Po Zi No. 30-1 civil ruling, appointed King & Wood (Shenzhen) Mallesons and
Shenzhen Zhengyuan Liquidation Affairs Co., Ltd. as the custodians of the Company. At the same time, Shenzhen Municipal
Intermediate People's Court made (2012) Shenzhen Intermediate Court Po Zi No. 30-1 written decision, and approved the Company
to manage property and business affairs by itself under the supervision of custodians according to the law. On 5 November 2013, the
Shenzhen Intermediate People’s Court (2012) Shen Zhong Fa Po Zi No. 30-6 Civil Ruling Paper judged that approved the
reorganization plan of the Company. On 27 December 2013, the Civil Ruling Paper Shenzhen Intermediate People’s Court (2012)
Shen Zhong Fa Po Zi No. 30-10 ruled that the reorganization plan of CBC was completed and bankruptcy procedures of CBC closed
down.
The Company has solved the debt problem by reforming, realized the net assets with positive value, the main business of bicycle is
able to be maintained and realizes the stable development. The Company has set up the conditions for introducing the recombination
party in the reforming plan, and expects to restore the abilities of sustainable operation and sustained profitability by reorganization.
The conditions of introducing the recombination party includes: the assessed value of net assets should be no less than 2 billion Yuan,
the net assets in the same year for implementing the major reorganization should be no less than 200 million Yuan. The Company
doesn’t have the recombination party at the moment. The Company will continue to carry out vary related works actively and
promote the reorganization work with all efforts.
2. Sales of stock odd lots
In order to solve the stock odd lots left over by history and in line with the requirement from CSRC, in the third quarter of 2014, the
China Securities Depository and Clearing Co., Ltd. accepted the trust from the Company, the RMB 14308.12 earnings from sales of
stock odd lots are returned to the Company and the amount was reckoned into capital reserved.
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
The Company had no commitment made by the Company or shareholders holding above 5% shares of the Company in reporting
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
8
深圳中华自行车(集团)股份有限公司 2014 年第三季度报告正文
□Applicable √Not applicable
V. Particular about security investment
□ Applicable √ Not applicable
The Company had no security investment in Period.
Explanation on equity of other listed company held
□ Applicable √ Not applicable
No security investment in Period.
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
Content discussed and
Date Place Way Type Object
documents provided
From July to The company Shareholder of Progress of reorganization of the
Telephone Personal
September 2014 office tradable shares Company
VIII. Impact on consolidated financial statement of the Company by new or revised
accounting standards
□Applicable √Not applicable
9
