FIYTA HOLDINGS LTD. 2015 1 st QUARTERLY REPORT, TEXT
Stock Code: 000026 200026 Short Form of Stock: FIYTA A, FIYTA B
Bond Code: 112152 Short Form of Bond: 12 FIYTA Bond Announcement No:2015-010
FIYTA Holdings Ltd.
2015 1st Quarterly Report, Text
1
FIYTA HOLDINGS LTD. 2015 1 st QUARTERLY REPORT, TEXT
Section 1 Important Notice
The Board of Directors, the Supervisory Committee, directors, supervisors and
senior executives hereby individually and collectively accept responsibility for the
correctness, accuracy and completeness of the contents of this report and confirm
that there are neither material omissions nor errors which would render any
statement misleading.
All the directors attended the board meeting for reviewing the quarterly report
Mr. Xu Dongsheng, the Company leader, Mr. Hu Xinglong, chief financial officer, and
Mr. Hu Xinglong, the manager of the accounting department (treasurer) hereby
confirm the authenticity and completeness of the financial report enclosed in this
quarterly report.
2
FIYTA HOLDINGS LTD. 2015 1 st QUARTERLY REPORT, TEXT
Section 2 Financial Highlights and Change of Shareholders
I. Financial Data Summary
Have the accounting data of the previous year undergone retroactive adjustment or restatement due to the change of
accounting policy and/or correction of accounting errors, etc.
No
Increase/decrease in the
Same period of the previous reporting period vs the
Reporting period
year corresponding period of the
previous year (%)
Revenues in CNY 894,056,260.25 821,633,324.62 8.81%
Net profit attributable to the Company’s
44,967,185.35 44,214,332.41 1.70%
shareholders, in CNY
Net profit attributable to the Company’s
shareholders less the non-recurring 44,409,083.60 42,765,447.98 3.84%
gains/losses, in CNY
Net cash flows arising from operating activities,
109,358,176.80 31,053,528.68 252.16%
in CNY
Basic earning per share (CNY/share) 0.114 0.113 0.88%
Diluted earning per share (CNY/share) 0.114 0.113 0.88%
Net assets-income ratio , weighted average,
2.70% 2.84% -0.14%
(%)
Increase/decrease in the
End of the reporting period End of the previous year reporting period vs the end of
the previous year (%)
Total assets, in CNY 3,937,180,930.97 3,657,781,647.20 7.64%
Net assets attributable to the Company’s
shareholders, in CNY 1,681,935,270.54 1,633,401,930.64 2.97%
Non-recurring gains/losses and the amount involved
In CNY
From year beginning to the end
Items Note:
of the reporting period
Gain/Loss from disposal of non-current assets (including the written-off 53,057.37 Gain/loss from disposal of partial
3
FIYTA HOLDINGS LTD. 2015 1 st QUARTERLY REPORT, TEXT
part with provision for impairment of assets already) obsolete office fixed assets in the
reporting period
Government subsidy recognized in current gains and losses (excluding Governmental subsidy counted to
those closely related to the Company’s business and granted under the 653,451.99 the current gain and loss in the
state’s policies according to certain quota of amount or volume) reporting period.
Other various non-operating revenue
Income and expenses from the business other than the above items 21,445.01
and expenditure
Less: Amount affecting the income tax 169,852.62
Amount affecting the minority shareholders’ equity (after tax) 0.00
Total 558,101.75 --
For the Company’s non-recurring gain/loss items as defined in the Explanatory Announcement No. 1 on Information
Disclosure for Companies Offering their Securities to the Public – Non-recurring Gains and Losses and its non-recurring
gain/loss items as illustrated in the Explanatory Announcement No. 1 on Information Disclosure for Companies Offering
their Securities to the Public – Non-recurring Gains and Losses which have been defined as recurring gains and losses, it
is necessary to explain the reason.
Inapplicable
In the reporting period there existed no such case of defining recurring gains and losses as non-recurring gains and
losses as defined and illustrated in the Explanatory Announcement No. 1 on Information Disclosure for Companies
Offering their Securities to the Public – Non-recurring Gains and Losses
II. Total Shareholders at the End of the Reporting Period and Shareholding of the Top
Ten Shareholders
1. About Total Common Stockholders and the Shares Held by Top Ten Common Stockholders
In Shares
Total common stockholders at the end
24,949
of the reporting period
Shareholding of the top 10 common stockholders
Pledging or freezing
Number of shares
Names of Shareholding Number of shares with trading limited
Nature Status of the
Shareholders proportion (%) held conditions held Number
shares
AVIC International State-owned
41.49% 162,977,327 0
Holdings Limited corporate
China Merchants Domestic non-state
2.03% 7,970,387 0
Securities Co., Ltd. corporate
China International Domestic non-state 1.30% 5,117,502 0
4
FIYTA HOLDINGS LTD. 2015 1 st QUARTERLY REPORT, TEXT
Capital Corporation corporate
Limited
Penghua Asset -
SPDB－ Penghua
Assets Gaolan Domestic non-state
1.18% 4,650,306 0
Investment Jinrun corporate
No. 17 Assets
Management Plan
Penghua Assets –
Industrial Bank –
Domestic non-state
Jinrun No. 16 1.08% 4,237,240 0
corporate
Assets
Management Plan
Guangfa Securities Domestic non-state
0.92% 3,624,070 0
Co., Ltd. corporate
Yunnan
International Trust
Co., Ltd. – Golden Domestic non-state
0.89% 3,484,780 0
Monkey Securities corporate
Investment.
Ruiyuan
Domestic natural
Xu Liusheng 0.71% 2,788,420 0
person
China Merchants
Securities Hong Foreign corporate 0.64% 2,510,591 0
Kong Limited
ESSENCE
INTERNATIONAL
SECURITIES Foreign corporate 0.51% 2,000,000 0
(HONG KONG)
LIMITED
Shareholding of top 10 shareholders of unrestricted shares
Quantity of unrestricted shares held at the end of Share type
Shareholder’s Name
the reporting period Share type Quantity
AVIC International Holdings Limited 162,977,327 A-shares 162,977,327
China Merchants Securities Co., Ltd. 7,970,387 A-shares 7,970,387
China International Capital Corporation
5,117,502 A-shares 5,117,502
Limited
Penghua Asset - SPDB－ Penghua
4,650,306 A-shares 4,650,306
Assets Gaolan Investment Jinrun No.
5
FIYTA HOLDINGS LTD. 2015 1 st QUARTERLY REPORT, TEXT
17 Assets Management Plan
Penghua Assets – Industrial Bank –
4,237,240 A-shares 4,237,240
Jinrun No. 16 Assets Management Plan
Guangfa Securities Co., Ltd. 3,624,070 A-shares 3,624,070
Yunnan International Trust Co., Ltd. –
Golden Monkey Securities Investment. 3,484,780 A-shares 3,484,780
Ruiyuan
Xu Liusheng 2,788,420 A-shares 2,788,420
China Merchants Securities Hong Kong
2,510,591 B-shares 2,510,591
Limited
ESSENCE INTERNATIONAL
2,000,000 B-shares 2,000,000
SECURITIES (HONG KONG) LIMITED
Explanation on associated relationship Of the above shareholders, there existed no associated relationship between China Merchants
or concerted action of the above Securities Co., Ltd. and China Merchants Securities Hong Kong Limited and both of them are holding
shareholders 10,480,978 shares of the Company’s shares，which is 2.67% of the total shares.
Note to the top 10 common
stockholders involved in margin Inapplicable
financing & securities lending (if any)
Was any of the top 10 common stockholders or top 10 common stockholders of non-restricted shares involved in the
agreed repurchase trading during the reporting period
No
2．Total number of preferred stockholders and the shareholding of the top ten preferred
stockholders at the end of the reporting period
Inapplicable
6
FIYTA HOLDINGS LTD. 2015 1 st QUARTERLY REPORT, TEXT
Section 3 Significant Events
I. Changes in the Principal Accounting Statement Items and Financial Indicators and
the Causes
Items Ending balance Opening balance Proportion of Causes
in CNY In CNY the change
Monetary capital 281,835,287.99 116,455,070.54 142.01% Increase of the cash flow-in from
operation activities and increase of
flow-in of bank loans
Accounts 466,398,300.47 351,276,905.53 32.77% With Increase of sales, partial
receivable receivables have not been settled
within the due period.
Other current 7,517,304.60 14,421,516.43 -47.87% The input VAT to be offset at the
assets beginning of the reporting period has
been offset during the reporting
period.
Construction-in-p 82,740,429.76 51,389,263.53 61.01% Investment in the construction of the
rogress watch industrial base project at
Guangming New Zone in the
reporting period.
Other 0 31,500,000.00 - In the reporting period, the parking
non-current building project of Shenyang 1928
assets Mansion has been accepted upon
inspection and the prepaid project
fund has been transferred to the
fixed asset for accounting
Advance receipt 23,987,632.31 12,087,368.17 98.45% The loan received in advance from
the customers has increased in the
reporting period
Payroll payable 13,143,867.43 38,648,432.41 -65.99% Year-end bonus payable to
employees in 2014 has been paid in
the reporting period.
Tax payable 110,745,067.73 77,602,770.06 42.71% The VAT payable at the end of the
reporting period increased.
Interest payable 4,946,258.00 19,420,893.75 -74.53% The second phase interest of the
corporate bonds in the reporting
period amounting to CNY 21.60
7
FIYTA HOLDINGS LTD. 2015 1 st QUARTERLY REPORT, TEXT
million.
Other payables 42,457,635.07 188,574,900.45 -77.49% The borrowings repaid to AVIC
International Holdings in the
reporting period amounting to
CNY150 million.
Other current 13,298,917.61 5,482,521.27 142.57% Accrued expenses at the end of the
liabilities reporting period increased over the
beginning of the reporting period.
II. Progress of Significant Events, their Influences and the Solutions
Inapplicable
III.The commitments of the Company and its shareholders holding over 5% of the
Company’s total shares in the reporting period or extending to the reporting period
from previous year(s)
Commitment
Commitments Promiser Description Commitment term Implementation
time
Commitment for Equity Separation Reform
Commitments in the acquisition report or the
written report on change of equity
Commitment made at the time of asset
reorganization
8
FIYTA HOLDINGS LTD. 2015 1 st QUARTERLY REPORT, TEXT
The Company
commits that in case
it is predicted that
the Company may
be unable to duly
pay the principal and
interest of the bond
or fail to duly pay the
principal and interest
of the bond when it Deadline of the
is due, the Company bonds (The valid
shall at least take the term of the bonds
following measures: is 5 years attached
1. not profit with the investors’
AVIC distribution to the option of selling
Internation shareholders shall back, the In process of
February 27,
Commitment made at IPO or re-financing al be conducted. 2. Company’s option impementatio
2013
Holdings implementation of of redemption and n
Limited any capital option of
expenditure projects, up-regulation of
such as material the nominal
external investment, interest rate at the
acquisition and end of the 3rd
merger, etc. shall be year).
suspended. 3.
salaries and bonus
to the directors and
senior executives
shall be adjusted
down or suspended.
4. None of the key
officers may be
transferred out.
Other commitments to the minority
shareholders
Has the commitment been timely
Yes
implemented?
The specific cause of failure in
Inapplicable
implementation and the next plan (if any)
IV. Prediction of the Operation Performances from January to June 2015
9
FIYTA HOLDINGS LTD. 2015 1 st QUARTERLY REPORT, TEXT
Inapplicable
V. Investment in Securities
Inapplicable
VI. Explanation on the Holding of the Equity in other Listed Company
Inapplicable
VII. Investment in Derivatives
Inapplicable
VIII. Statement of such activities as reception, research, communication, interview in
the reporting period
Inapplicable
10