Stock Code: 200053 Abbreviation: Chiwan Base B Serial number: 2016-35
SHENZHEN CHIWAN PETROLEUM SUPPLY BASE CO., LTD.
FIRST QUARTERLY REPORT OF 2016
Part I Important Notice
The directors, supervisors and senior management guarantee that there are no omissions, misstatement, or
misleading information in this quarterly report. The directors, supervisors and senior management are responsible,
individually and jointly, for the authenticity, accuracy and integrity of the information herein.
All directors attended the board meeting.
Mr. Tian Junyan, Chairman of the Board, Mdm. Yu Zhongxia, Deputy General Manager &Financial Controller
and Mdm. Sun Yuhui, Financial Manager, all guarantee the authenticity and integrity of the financial result in this
report.
The report is written in both Chinese and English. In case of conflict between the two versions, Chinese version
shall prevail.
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PART II Major Accounting Data and Change of Shareholders
Ⅰ. Major Accounting Data
January to March, 2016 January to March, 2015 Change（%）
Operating Revenue(RMB) 164,424,597.76 147,824,556.91 11.23%
Net Profit Attributed to Shareholders of Listed
9,311,019.07 22,604,615.62 -58.81%
Company (RMB)
Net Profit after Deducting Non-recurring Gains
8,553,393.49 21,078,656.96 -59.42%
&Losses(RMB)
Net Cash Flows from Operating
74,546,903.86 78,023,735.31 -4.46%
Activities(RMB)
Basic Earnings per Share (RMB/Share) 0.04 0.10 -60.00%
Diluted Earnings per Share (RMB/Share) 0.04 0.10 -60.00%
Weighted Average Return on Equity（%） 0.53% 1.33% -0.80%
March 31, 2016 December 31, 2015 Change（%）
Total Assets(RMB) 6,531,641,866.64 5,643,956,639.17 15.73%
Owner’s Equity Attributed to Shareholders of
1,763,599,152.91 1,754,085,176.85 0.54%
Listed Company(RMB)
Items of Non-recurring Gains and Losses
√ Applicable □Inapplicable
Item Amount Note
Disposal of non-current assets, including the part offset
22,782.65
with the provision for impairment of assets
Government grants recognized in current profit or loss
(except for the fixed or quantitative government grants
1,039,203.12
closely related to the enterprise businesses according to
the national unified standard)
Other non-operating revenue and expenditure excluding
177,119.54
the above-mentioned items
Less: Influence on income tax 310,626.94
Influence on minority interest (after tax) 170,852.79
Total 757,625.58 --
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.
□ Applicable √ Inapplicable
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II. Total Number of Shareholders and Top Ten Shareholders at the End of Report Period
1. Numbers of Common Shareholders and Preference Shareholders with Resumed Voting Rights as well as
Shareholdings of Top Ten Shareholders
Total Number of Preference Shareholders with Resumed Voting
Total shareholders in reporting period 6,971 0
Rights at Period-end (if any)
Top Ten Common Shareholders
Impawned or Frozen
Ratio Total shares Non-tradable
Name Nature Shares
（％） held shares
Status Shares
CHINA NANSHAN DEVELOPMENT Domestic Legal
51.79% 119,420,000 119,420,000 - 0
(GROUP) INCORPORATION Person
Foreign Legal
China Logistics Holding (12) PTE.LTD. 19.90% 45,890,000 0 - Unknown
Person
CHINA MECHANTS SECURITIES State-owned Legal
1.61% 3,717,134 0 - Unknown
(HONGKONG) LTD Person
CREDIT SUISSE (HONG KONG) Foreign Legal
1.15% 2,653,799 0 - Unknown
LIMITED Person
GUOTAI JUNAN Foreign Legal
0.93% 2,133,542 0 - Unknown
SECURITIES(HONGKONG) LIMITED Person
GREENWOODS CHINA ALPHA Foreign Legal
0.43% 984,693 0 - Unknown
MASTER FUND Person
Domestic Natural
LI WEI 0.28% 636,000 0 - Unknown
Person
Domestic Natural
SHA SHU LI 0.21% 480,611 0 - Unknown
Person
Foreign Natural
YU LING FENG 0.20% 458,083 0 - Unknown
Person
Domestic Natural
PAN BO 0.18% 420,300 0 - Unknown
Person
Top Ten Tradable Shareholders
Type
Name Shares Held
Type Shares
China Logistics Holding (12) PTE.LTD. 45,890,000 B 45,890,000
CHINA MECHANTS SECURITIES (HONGKONG) LTD 3,717,134 B 3,717,134
CREDIT SUISSE (HONG KONG) LIMITED 2,653,799 B 2,653,799
GUOTAI JUNAN SECURITIES(HONGKONG) LIMITED 2,133,542 B 2,133,542
GREENWOODS CHINA ALPHA MASTER FUND 984,693 B 984,693
LI WEI 636,000 B 636,000
SHA SHU LI 480,611 B 480,611
YU LING FENG 458,083 B 458,083
PAN BO 420,300 B 420,300
LI MING YA 402,580 B 402,580
Among the top ten shareholders, the domestic legal entity
shareholder, China Nanshan Development (Group)
Incorporation has no affiliated relations with other
Explanation for the Affiliated Relations or United Action of the Top shareholders and does not fall into the scope of united action
Ten Shareholders person stipulated by “Regulation of Information Disclosure
of the Change of Shareholding of listed company”. It is
unknown that whether other tradable-share shareholders fall
into the scope of united action person.
Whether top ten common shareholders or top ten non-restricted common shareholders appointed repurchase
transaction during reporting period
□ Yes √ No
2. Particulars about Preferred Share
□ Applicable √ Inapplicable
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Part III Significant Events
I. Explanation on the Significant Changes for Main Accounting Data and Financial Indicators
Unit: RMB
1st Quarter of 1st Quarter
Change
No Items 2016/ of 2015/ Causes for Difference
(%)
Mar 31, 2016 Dec 31, 2015
Mainly due to receiving Blogis increased
1 Cash And Bank Balances 868,615,854.73 321,121,926.73 170.49%
capital from Nanshan Group.
Mainly due to Nanjing Baowan receiving
2 Notes Receivable 12,000,000.00
bank acceptance.
Mainly due to prepaying underwriting fee
3 Prepayments 3,007,466.02 435,877.51 589.98%
of medium-term notes.
Mainly due to withdrawal of profit of
4 Interest Receivable 1,138,739.73 -100.00%
financial products in last report period.
Mainly due to Xi’an Baowan’s land
5 Other Receivables 93,582,957.86 58,666,231.60 59.52%
prepayment transferring to cash deposit.
Mainly due to the redemption of financial
6 Other Current Assets 25,000,000.00 235,000,000.00 -89.36%
products.
7 Disposal of Fixed Assets 72,322.02 Mainly due to disposal of fixed assets.
Mainly due to the increase of land
8 Other Non-Current Assets 488,077,511.78 277,619,704.84 75.81%
prepayment.
Mainly due to payment of short-term
9 Short-term Borrowings 200,000,000.00 300,000,000.00 -33.33%
borrowings.
Mainly due to paying rental fee for last
10 Accounts Receivable 6,814,629.10 13,502,745.52 -49.53%
year.
Mainly due to receipts in advance of
11 Receipts in Advance 6,927,943.95 4,294,109.24 61.34% warehousing fee by Kunshan Baowan’s
client.
Employee Benefits Mainly due to the payment of annual
12 14,025,916.25 26,233,258.02 -46.53%
Payable bonus.
Other Non-Current Mainly due to the increase of borrowings
13 300,000,000.00 6,000,000.00 4900.00%
Liabilities from Nanshan Group.
Mainly due to receiving Blogis increased
14 Minority Interests 820,166,755.58 317,006,332.01 158.72%
capital from Nanshan Group.
15 Selling Expenses 521,984.66 260,386.09 100.47% Mainly due to the increase of agency fee.
Impairment Losses of
16 14,810.26 Mainly due to provision for bad debts.
Assets
Mainly due to the decrease of
17 Investment Income 6,047,847.58 17,386,035.41 -65.21%
Sembawang’s profit.
Mainly due to the decrease of
18 Non-operating Income 1,314,930.35 2,506,166.09 -47.53%
government subsidies.
Mainly due to adjustment of accrued
19 Income Tax Expenses 6,749,297.02 4,875,065.99 38.45% income tax according to final settlement
and payment of enterprise income tax.
Cash payments for Goods
Mainly due to payment of rental fee of
20 Purchased and Services 37,114,019.69 27,008,442.07 37.42%
eastern costal line and wharf for last year.
Received
Net cash Receipts from
Disposal of Fixed Assets,
21 42,812.00 10,100.00 323.88% Mainly due to disposal of fixed assets.
Intangible Assets and
Other Long-Term Assets
Other Cash Receipts
Mainly due to the decrease of purchasing
22 Relating to Investing 283,233,575.00 444,887,865.51 -36.34%
financial products.
Activities
Cash Payments to Acquire
or Construct Fixed Assets, Mainly due to the increase of land
23 359,426,925.92 174,500,696.11 105.97%
Intangible Assets and payment.
Other Long-Term Assets
Cash Payments to Acquire Mainly due to the acquirement of Jinmu
24 171,489,525.52
Subsidiaries and Other Cao Ye.
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Business Companies
Other Cash Payments
Mainly due to the decrease of purchasing
25 Relating to Investing 61,056,699.50 363,000,000.00 -83.18%
financial products.
Activities
Cash Received from Mainly due to receiving Blogis increased
26 498,080,000.00
Investing Activities capital from Nanshan Group.
Cash Receipts from Mainly due to the increase of
27 101,670,000.00 64,517,851.59 57.58%
Borrowings newly-added long-term borrowings.
Other Cash Received from Mainly due to the increase of borrowings
28 294,000,000.00
Financing Activities from Nanshan Group.
Cash repayments of Mainly due to paying back short-term
29 103,155,000.00 1,051,000.00 9714.94%
borrowings borrowings.
II. Significant Event and its Impact
√Applicable □Inapplicable
In view of planning significant events, the Company’s stock suspended trading on March 7, 2016. On March 21,
the Company disclosed announcement of significant asset reorganization. On April 5, the Company disclosed
announcement of continuously suspending stock trading. Till now, the Company is actively promoting the work
of significant asset reorganization.
Introduction Disclosure Date Disclosure Index
Suspending Stock Trading for 2016.3.7 www.cninfo.com.cn
Significant Event 2016.3.14 www.cninfo.com.cn
2016.3.21 www.cninfo.com.cn
2016.3.28 www.cninfo.com.cn
2016.4.5 www.cninfo.com.cn
Significant Asset Reorganization
2016.4.12 www.cninfo.com.cn
2016.4.19 www.cninfo.com.cn
2016.4.26 www.cninfo.com.cn
III. Fulfillment of Commitment by Shareholders with More than 5% Shares
Commit Commitmen
Promisee Content Commitment Period Status
ments t Time
Nanshan Group to land use 1997-8-1 25 years On duty
to resolve payment difficulties in
Nanshan Group 2014-1-6 3 years On duty
opening the Finance Limited
Other to provide regular monthly financial
The Company 2007-10-25 Long term effective On duty
Commit reports to the controlling shareholder
ments About the issue of "medium-term notes
The Company 2012-3-7 5 years On duty
for 2012" Commitment
About the issue of "12 base debt"
The Company 2013-1-9 7 years On duty
commitment
Fulfill
commit
Yes
ments
timely
IV. Prediction of Business Performance for the first half year of 2016
Prediction and explanation on important changes of profit in next report period
□Applicable √ Inapplicable
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V. Stock Investment
Stock investment
□Applicable √ Inapplicable
VI. Investment of Financial Derivatives
□Applicable √ Inapplicable
VII. Reception of Investors and Medias
√Applicable □Inapplicable
Type of
Time Method Disclosure Index
Visitors
2016.1.21 Field Research Individual www.cninfo.com.cn on January 22, 2016
VIII. Illegal Guarantee
□ Applicable √ Inapplicable
IX. Non-operation Oriented Fund Occupancy by the Controlling Shareholder and/or Related Parties
□ Applicable √ Inapplicable
Board of Directors
Shenzhen Chiwan Petroleum Supply Base Co., Ltd.
April 30, 2016
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