FIYTA HOLDINGS LTD. 2017 Third Quarterly Report, Text
Stock Code: 000026 200026 Short Form of Stock: FIYTA A, FIYTA B Announcement No: 2017-047
FIYTA HOLDINGS LTD.
2017 Third Quarterly Report，Text
October, 2017
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FIYTA HOLDINGS LTD. 2017 Third Quarterly Report, Text
Section 1 Important Notes
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 Quarterly 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. Huang Yongfeng, the Company leader, Mr. Chen Zhuo, the chief financial officer, and Mr. Tian Hui,
the manager of the accounting department (treasurer) hereby confirm the authenticity, accuracy and
completeness of the financial report enclosed in this Quarterly Report.
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FIYTA HOLDINGS LTD. 2017 Third Quarterly Report, Text
Section 2 Company Information
I. Key Accounting Data and Financial Indicators
Does the Company need to make retrospective adjustment or restatement of the accounting data of the
previous year?
No
Increase/decrease of the
End of the reporting period End of the previous year end of the report period vs
the end of the previous year
Total assets, in CNY 3,699,345,636.81 4,004,897,562.72 -7.63%
Net assets attributable to the
Company’s shareholders (in
2,465,983,929.10 2,371,370,535.17 3.99%
CNY)
Increase/decrease of
Increase/decrease of
From year beginning the reporting period
the report period vs
Reporting period to the end of the vs the same period
the same period of
report period of the previous year
the previous year
(%)
Operating revenue, in CNY 876,113,517.26 16.10% 2,475,654,661.61 10.81%
Net profit attributable to the
Company’s shareholders (in 49,839,227.96 3.86% 136,548,052.72 26.06%
CNY)
Net profit attributable to the
Company’s shareholders less 49,457,070.83 3.59% 135,395,527.77 26.12%
the non-recurring items, in CNY
Net cash flows arising from
-- -- 363,315,959.49 24.83%
operating activities, in CNY
Basic earnings per share
0.1136 4.22% 0.3112 26.04%
(CNY/share)
Diluted earnings per share
0.1136 4.22% 0.3112 26.04%
(CNY/share)
Net assets-income ratio,
2.01% -0.85% 5.66% 22.57%
weighted average
Non-recurring gain/loss items and the amount involved
In CNY
From year beginning to the
Items Notes
end of the reporting period
Gain and loss from disposal of non-current assets, including
-200,581.55
the part offset with the provision for impairment of assets
Government subsidy recognized in current gain and loss 2,414,836.49
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FIYTA HOLDINGS LTD. 2017 Third Quarterly Report, Text
(excluding those closely related to the Company’s business
and granted under the state’s policies according to certain
quota of amount or volume)
Income and expenses from the business other than the
-845,778.09
above items
Less: Amount affected by the income tax 215,951.90
Total 1,152,524.95 --
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
II. Total Shareholders and Shares Held by Top Ten Shareholders at the End of the
Reporting Period
1. Statement of Total Shareholders of Common Shares and the Referred Shares with the Voting
Power Recovered and the Shares Held by Top Ten Shareholders
In Shares
Total common shareholders at Total shareholders of
the end of the reporting period 35,959 preferred shares with voting 0
power recovered (if any)
Shares held by the top 10 shareholders
Number of Pledged or frozen
Shareholders’ Nature of Proportion of Number of
restricted Status of the
Names Shareholders shares held shares held Q’ty
shares held shares
CATIC
Shenzhen State owned
37.15% 162,977,327 0
Holdings corporate
Limited
Chongqing
International Domestic
Trust Co., Ltd. - non-state 2.07% 9,103,318 0
YUXINTrust No. corporate
2
Chongqing
International
Domestic
Trust Co., Ltd. -
non-state 1.94% 8,502,780 0
Rongxintong
corporate
Series Unitrust
No. 10
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FIYTA HOLDINGS LTD. 2017 Third Quarterly Report, Text
Domestic
#Yang Zugui 1.65% 7,254,069 0
natural persons
MANULIFE
TEDA Fund－
Minsheng Bank
－MANULIFE
TEDA Value Domestic
Growth non-state 1.15% 5,043,559 0
Oriented corporate
Additional Issue
No. 351 Assets
Management
Program
Xizang
State owned
Investment Co., 1.13% 4,976,551 0
corporate
Ltd.
Golden Eagle
Fund- Minsheng
Bank-Golden
Eagle Wenshi Domestic
Junye Flexible non-state 1.07% 4,674,329 0
Disposition No. corporate
3 Assets
Management
Program
Guangdong
Domestic
Junye
non-state 0.76% 3,347,210 0
Investment Co.,
corporate
Ltd.
Shenzhen Heli
Domestic
Fengyuan
non-state 0.76% 3,314,781 0
Commerce &
corporate
Trade Co., Ltd.
Shenzhen
Domestic
Qianye Huirong
non-state 0.70% 3,076,400 0
Investment Co.,
corporate
Ltd.
Non-restricted shares held by the top ten shareholders
Share Type
Shareholders’ Names Number of unrestricted shares
Share Type Q’ty
RMB ordinary
CATIC Shenzhen Holdings
162,977,327 shares (A 162,977,327
Limited
shares)
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FIYTA HOLDINGS LTD. 2017 Third Quarterly Report, Text
RMB ordinary
Chongqing International Trust
9,103,318 shares (A 9,103,318
Co., Ltd. - YUXINTrust No. 2
shares)
Chongqing International Trust RMB ordinary
Co., Ltd. - Rongxintong Series 8,502,780 shares (A 8,502,780
Unitrust No. 10 shares)
RMB ordinary
#Yang Zugui 7,254,069 shares (A 7,254,069
shares)
MANULIFE TEDA Fund－
Minsheng Bank－MANULIFE RMB ordinary
TEDA Value Growth Oriented 5,043,559 shares (A 5,043,559
Additional Issue No. 351 Assets shares)
Management Program
RMB ordinary
Xizang Investment Co., Ltd. 4,976,551 shares (A 4,976,551
shares)
Golden Eagle Fund- Minsheng
RMB ordinary
Bank-Golden Eagle Wenshi
4,674,329 shares (A 4,674,329
Junye Flexible Disposition No. 3
shares)
Assets Management Program
RMB ordinary
Guangdong Junye Investment
3,347,210 shares (A 3,347,210
Co., Ltd.
shares)
RMB ordinary
Shenzhen Heli Fengyuan
3,314,781 shares (A 3,314,781
Commerce & Trade Co., Ltd.
shares)
RMB ordinary
Shenzhen Qianye Huirong
3,076,400 shares (A 3,076,400
Investment Co., Ltd.
shares)
Of the top 10 shareholders, both Chongqing International Trust Co., Ltd. - YUXIN No.
2 Trust and Chongqing International Trust Co., Ltd. - Rongxintong Serial Order - Trust
Relationship/concerted action
No. 10 are subsidiaries of Chongqing International Trust Co., Ltd. Both of them are
among the above shareholders
holding totalling 17,606,098 shares of negotiable A-shares in the Company, which
takes 4.01% of the Company's total shares.
Note to the top 10 common
shareholders involved in margin
financing & securities lending (if Inapplicable
any)
Did the top ten common shareholders or top ten shareholders of unrestricted common shares conduct
contractual repurchase during the reporting period?
No
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FIYTA HOLDINGS LTD. 2017 Third Quarterly Report, Text
2. Statement of Total Shareholders of Preferred Shares and Shares Held by Top Ten Shareholders
of Preferred Shares
Inapplicable
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FIYTA HOLDINGS LTD. 2017 Third Quarterly Report, Text
Section 3 Significant Events
I. Movements and the causes of major financial data and financial indicators in the reporting
period
I. Items of Balance Sheet
Ending Opening Change rate
Items Cause of Change
balance balance (%)
It mainly consisted of the input of the raised
Monetary fund 283,300,365.16 428,802,755.81 -33.93% capital and part of the working capital used for
repayment of bank loan
It was mainly due to increase of acceptance
Notes receivable 11,843,004.08 7,662,556.28 54.56%
draft undue at the end of the reporting period
It mainly consisted of the money paid in
Other non-current
6,382,192.87 10,681,518.91 -40.25% advance for fixed asset converted into fixed
assets
asset upon acceptance inspection
It was mainly due to repayment of part of the
Short-term Loan 765,718,810.00 1,098,438,070.00 -30.29% bank loan with the working capital in the
current year.
It was mainly due to decrease of the trade
Accounts payable 148,025,474.49 215,422,089.74 -31.29%
payables at the end of the reporting period.
It was mainly due to increase of the enterprise
Taxes payable 85,190,519.61 50,945,289.31 67.22% income tax provided at the end of the reporting
period.
II. Items in Profit Statement
Same Period of
Reporting Change rate
Items the Previous Reason of Change
Period (%)
Year
It was mainly due to increase of the labor cost,
increase of R & D expenses in the current year
Administrative
64,896,843.37 46,470,757.63 39.65% and increase of the depreciation arising from
expenses
conversion of FIYTA Watch Building into fixed
assets at the end of 2016.
Loss from It was mainly due to increase of provision for
impairment of 8,416,056.39 1,909,350.83 340.78% bad debt and provision for price falling of
assets inventories in the reporting period.
It was mainly due to increase of the
Non-operating
991,658.14 442,044.51 124.33% government subsidy in the reporting period
income
over the corresponding period.
It was mainly due to payment of the donation
Non-operating
572,547.81 95,903.50 497.00% by FIYTA Dream Center to Shanghai Adream
expenses
Foundation.
III. Items of Cash Flow Statement
From year
beginning to Same Period of
Change rate Reason of Change
Items the end of the the Previous
(%)
reporting Year
period
Rebated taxes It was mainly due to increase of the export
863,877.72 69,388.94 1144.98%
received duties rebated in the current year.
Cash paid for It was mainly due to decrease of the
construction/purch engineering payments of Guangming New
85,209,670.21 134,423,973.14 -36.61%
ase of fixed assets, Zone Industrial Base over the corresponding
intangible assets period.
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FIYTA HOLDINGS LTD. 2017 Third Quarterly Report, Text
and other long term
assets
Cash received from It was mainly due to decrease of the bank loan
495,432,500.00 865,749,959.13 -42.77%
loans in the current year.
II. Progress of Significant Events, its Impacts and the Solutions
1. Change of Directors, Supervisors and Senior Executives
The Company's 19th Session of the Eighth Board of Directors held on September 4, 2017 and 2017 3rd
Extraordinary General Meeting held on September 20, 2017 reviewed and approved the Proposal of
Norminating Mr. Wang Bo as Director Candidate and the Proposal of Norminating Mr. Xiao Zhanglin as
Director Candidate. Mr. Wang Bo and Mr. Xiao Zhanglin were directors of the Company's Eighth Board of
Directors. For the detail, refer to Announcement on Resolutions of the 19th Session of the Eighth Board of
Directors - 2017-041 and Announcement on Resolutions of 2017 3rd Extraordinary General Meeting -
2017-045 respectively disclosed on the Securities Times, Hong Kong Commercial Daily and
www.cninfo.com.cn.
The Company's 20th Session of the Eighth Board of Directors held on September 8, 2017 reviewed and
approved the Proposal for Election of the Chairman of the Board and Mr. Huang Yongfeng was elected
the Chairman of the Eighth Board of Directors. For the detail, refer to Announcement on Resolutions of
the 20th Session of the Eighth Board of Directors - 2017-044.
Index for inquiry with the website
Briefs of significant events Disclosure date
disclosing provisional reports
Announcement on Resolutions of the
19th Session of the Eighth Board of September 5, 2017 http://www.cninfo.com.cn/
Directors - 2017-041
Announcement on Resolutions of 2017
3rd Extraordinary General Meeting - September 21, 2017 http://www.cninfo.com.cn/
2017-045
Announcement on Resolutions of the
20th Session of the Eighth Board of September 9, 2017 http://www.cninfo.com.cn/
Directors - 2017-044
III. Failure in Due Fulfillment of the Commitments of the Actual Controllers,
Shareholders, Affiliates, and Acquirer and the Company during the Reporting Period
Inapplicable
IV. Prediction of the Operation Results Year 2017
Inapplicable
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FIYTA HOLDINGS LTD. 2017 Third Quarterly Report, Text
V. Investment in Securities
Inapplicable
VI. Investment in Derivatives
Inapplicable
VII. Registry of such Activities as Reception of the Visitors of Survey,
Communications, Interview, etc. during the Reporting Period
Inapplicable
VIII. Outward Guarantee against the Regulations
Inapplicable
IX. The Company’s Fund Occupied by its Controlling Shareholder or Related Party for
Non-operation Purpose
Inapplicable
X. Implementation of the Social Responsibility of Taking Targeted Measures to
Alleviate Poverty in Light of Local Conditions.
In the reporting third quarter, the Company neither carried out the work of taking targeted measures to
alleviate poverty in light of local conditions nor had such a plan.
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