Chongqing Jianshe Motorcycle Co., Ltd. The 1st Quarterly Report 2013 Full Text
Chongqing Jianshe Motorcycle Co., Ltd.
The 1st Quarterly Report 2013 Full Text
2013-043
April 2013
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Chongqing Jianshe Motorcycle Co., Ltd. The 1st Quarterly Report 2013 Full Text
Chapter I. Important Statement
The Board of Directors, the Supervisory Committee, the directors, the supervisors and the executives of the
Company guarantee that there are no significant omissions, fictitious or misleading statements carried in the
Report and we will accept individual and joint responsibilities for the truthfulness, accuracy and completeness of
the Report.
Mr. Li Huaguang, the Legal Representative of the Company, Mr. Teng Feng, the Financial Officer, Mr. Liao Jian, the manager of
accounting department, hereby declare: the truthfulness and completeness of the Financial Report are guaranteed.
Directors other than the followings presented at the Board Meeting on which this report was examined:
Reason for not presenting the
Name of the director absented Position Name of consignee
meeting
Cheng Yuanwei Independent Director On business travel Yu Jianfeng
Hao Lin Director On business travel Tang Wenquan
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Chongqing Jianshe Motorcycle Co., Ltd. The 1st Quarterly Report 2013 Full Text
Chapter II. Financial Highlights and Change of Shareholders
I. Major Financial Data and Indicies
Was there any retrospective adjustment or restatement
[] Yes [V] No
Increase/decrease
Jan-Mar 2013 Jan-Mar 2012
(%)
Turnover (RMB) 468,098,750.47 497,268,915.22 -5.87%
Net profit attributable to shareholders of the listed company (yuan) -17,380,296.75 513,249.06 -3,486.33%
Net profit attributable to the shareholders of the listed company and after
-17,870,082.48 519,844.05 -3,537.59%
deducting of non-recurring gain/loss(RMB)
Net Cash flow generated by business operation (RMB) 39,113,297.55 -1,796,793.31 2,276.84%
Basic earnings per share (Yuan/share) -0.036 0.001 -3,700%
Diluted earnings per share (Yuan/share) -0.036 0.001 -3,700%
Weighted average net
-13.9% 0.18% -14.08%
income/asset ratio (%)
Mar 31 2013 Dec 31 2012 Changed by (%)
Gross Assets (RMB) 2,995,040,390.99 2,885,170,689.64 3.81%
Net asset attributable to owners of the PLC 125,061,954.35 142,442,251.09 -12.2%
Non-recurring gain/loss items and amounts
[V] Applicable Not applicable
In RMB Yuan
Amount of the period from the
Items beginning of year to the end of Remarks
report term
Gains and losses included in the current period of government subsidies, excluding those
government grants which are closely related to normal business and in line with national 480,289.17
policy , or in accordance with fixed standards or quantities
Other gain/loss items satisfying the definition of non-recurring gain/loss account 9,496.56
Total 489,785.73 --
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Chongqing Jianshe Motorcycle Co., Ltd. The 1st Quarterly Report 2013 Full Text
II. Total of shareholders and top-10 holders of current shares at end of period
in shsares
Total shareholders at the end of the report period 15,284
Top 10 Shareholders
Share Amount of Frozen or pledged
Amount of
Name of the shareholder Properties of shareholder proportion unconditional shares Status of
shares Amount
(%) held shares
China Southern Industry Group
State-owned legal person 71.13% 339,625,000 339,625,000
Co., Ltd.
Gu Zuocheng Domestic natural person 1.89% 9,044,000 8,875,000
Domestic
Anhui Hengsheng Economic
non-state-owned legal 1.46% 7,000,000 7,000,000
Development Group Co., Ltd.
person
Feng Yonghui Domestic natural person 0.42% 2,000,000 2,000,000
Shanghai Hong Kong Wanguo
Overseas legal person 0.27% 1,271,001
Securities
Wang Chuxin Domestic natural person 0.22% 1,050,000
Chen Hanjie Domestic natural person 0.13% 630,000
Huang Lianna Domestic natural person 0.11% 539,800
Cai Yugui Domestic natural person 0.11% 530,300
Peng Daqiang Domestic natural person 0.09% 470,849
Top 10 holders of unconditional shares
Amount of shares without trade limited Category of shares
Name of the shareholder
conditions Category of shares Amount
Shanghai Hong Kong Wanguo Foreign shares placed in domestic
1,271,001 1,271,001
Securities exchange
Foreign shares placed in domestic
Wang Chuxin 1,050,000 1,271,001
exchange
Foreign shares placed in domestic
Chen Hanjie 630,000 630,000
exchange
Foreign shares placed in domestic
Huang Lianna 539,800 539,800
exchange
Foreign shares placed in domestic
Cai Yugui 530,300 530,300
exchange
Foreign shares placed in domestic
Peng Daqiang 470,849 432,201
exchange
Foreign shares placed in domestic
Fang Hongzhen 432,201 432,201
exchange
Foreign shares placed in domestic
Li Mingya 424,400 424,400
exchange
Foreign shares placed in domestic
Luo Hongbo 400,000 400,000
exchange
Foreign shares placed in domestic
Zhu Gengxin 391,811 391,811
exchange
Notes to relationship or “action in It was not to the information of the Company that whether there was any related relationship
concert” among the top ten or action-in-concert among the top 10 unconditional current share holders, and the top 10
shareholders. shareholders.
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Chongqing Jianshe Motorcycle Co., Ltd. The 1st Quarterly Report 2013 Full Text
Chapter III. Significant Issues
I. Particulars and causations of material change in major accounting items and indices
None
II. Analyze of significant issues and solutions
To keep the Company listed in the stock exchange, and for the interest of investors, the Board of Directors
adopted the Stock Drawing Back Plan and approved at the 1st provisional shareholders’ meeting 2013 thereafter.
Namely the Company’s stock will be drawn back on 4:1 basis. After the plan was implemented, the total capital
share of the Company would be reduced from 477,500,000 shares (yuan) down to 119,375,000 shares (yuan). This
issue is now in announcement period for the creditors.
Summary of material issues Date of disclosure Index of provisional announcement
Resolutions of the 9th Meeting of the 6th Term of Board Jan 25 2013 www.cninfo.com.cn
Announcement on stock drawing back plan Jan 25 2013 www.cninfo.com.cn
Resolutions of the 1st provisional shareholders’ meeeting 2013 Feb 23, 2013 www.cninfo.com.cn
Announcement on progress of the stock drawing back plan Mar 6 2013 www.cninfo.com.cn
Ammouncement of capital draw back by foreign investors Mar 6 2013 www.cninfo.com.cn
The secondary announcement on capital draw back Mar 21, 2013 www.cninfo.com.cn
The tertiary announcement on capital draw back April 9 2013 www.cninfo.com.cn
IV. Reception of investigation, commmunication, or visiting in report period
Type of
Time/date Place Way Visitors Main content involved and material provided
visitors
Q: When stock trading will be restored after implementation of the
stock draw back plan? A: Implementation of the plan will be
Investors of
Jan 25 The Telephone following legal procedures such as examination by the
Individual the
2013 Company communication shareholders’ meeting, information to creditors, amending of
Company
Articles of Association, and reporting to the authorities. Please
follow the announcement issued by the Company.
Q: What is the influence of stock draw back? A: Implementation of
Investors of this plan will not make any better to the Company’s business
March 26, The Telephone
Individual the operation. However the executives of the Company will do their
2013 Company communication
Company best to improve production composition, increase competition, and
overall operation of the Company.
Investors of
Apr 11 The Telephone Q: When will stock restored? A: Please follow the announcement
Individual the
2013 Company communication issued by the Company.
Company
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Chongqing Jianshe Motorcycle Co., Ltd. The 1st Quarterly Report 2013 Full Text
Chapter IV. Financial Statements
I. Financial Statements
1. Consolidated Balance Sheet
Prepared by: Chongqing Jianshe Motorcycle Co., Ltd.
In RMB Yuan
Items Closing balance Openning balance
Current asset:
Monetary capital 574,786,470.27 456,794,093.39
Settlement provision
Outgoing call loan
Transactional financial assets
Notes receivable 71,611,871.77 74,465,864.34
Account receivable 272,717,100.43 288,659,903.69
Prepayment 62,916,261.59 49,946,177.48
Insurance receivable
Reinsurance receivable
Provisions of Reinsurance contracts receivable
Interest receivable
Dividend receivable
Other account receivable 31,753,845.43 36,132,451.85
Repurchasing of financial assets
Inventories 301,923,096.30 290,979,725.84
Non-current asset due in 1 year
Other current asset
Total of current asset 1,315,708,645.79 1,196,978,216.59
Non-current assets
Disburse of consigned loans
Sellable financial asset
Expired investment in possess
Long-term receivable
Long-term share equity investment 676,299,632.86 683,560,523.11
Investment real estates
Fixed assets 809,032,326.48 825,584,794.37
Construction in process 19,200,371.43 15,642,058.43
Engineering goods
Fixed asset disposal 18,653.97
Production physical assets
Gas & petrol
Intangible assets 125,605,774.40 118,116,994.56
R&D expense 35,350,577.50 30,641,485.76
Goodwill
Long-term amortizable expenses 9,884,554.21 10,706,762.47
Deferred income tax asset 3,123,854.35 3,123,854.35
Other non-current asset 816,000.00 816,000.00
Total of non-current assets 1,679,331,745.20 1,688,192,473.05
Total of assets 2,995,040,390.99 2,885,170,689.64
Current liabilities
Short-term loans 802,425,676.45 756,115,520.89
Loan from Central Bank
Deposit received and hold for others
Call loan received
Transactional financial liabilities
Notes payable 878,788,775.00 768,980,000.00
Account payable 545,965,223.11 502,109,222.01
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Chongqing Jianshe Motorcycle Co., Ltd. The 1st Quarterly Report 2013 Full Text
Advances received 50,657,634.54 90,756,705.60
Selling of repurchased financial assets
Fees and commissions receivable
Employees’ wage payable 1,704,619.82 2,014,669.47
Tax payable 121,664,777.04 115,199,322.99
Interest payable
Dividend payable
Other account payable 38,063,144.11 26,566,279.30
Reinsurance fee payable
Insurance contract provision
Entrusted trading of securities
Entrusted selling of securities
Non-current liability due in 1 year 297,700,000.00 231,500,000.00
Other current liability
Total of current liability 2,736,969,850.07 2,493,241,720.26
Non-current liabilities
Long-term borrowings 129,500,000.00 246,200,000.00
Bond payable
Long-term payable
Special payable 738,000.00 738,000.00
Anticipated liabilities
Deferred income tax liability
Other non-recurring liabilities
Total of non-current liabilities 130,238,000.00 246,938,000.00
Total of liability 2,867,207,850.07 2,740,179,720.26
Owners’ equity (or shareholders’ equity)
Capital paid in (or share capital) 477,500,000.00 477,500,000.00
Capital reserves 602,880,517.59 602,880,517.59
Less: Shares in stock
Special reserves
Surplus reserves 125,686,000.00 125,686,000.00
Common risk provision
Retained profit -1,081,004,563.24 -1,063,624,266.50
Different of foreign currency translation
Total of owner’s equity belong to the parent company 125,061,954.35 142,442,251.09
Minor shareholders’ equity 2,770,586.57 2,548,718.29
Total of owners’ equity (or shareholders’ equity) 127,832,540.92 144,990,969.38
Total of liability and shareholders’ equity (or owners’ equity) 2,995,040,390.99 2,885,170,689.64
Legal representative: Li Huaguang CFO: Teng Feng Accounting Manager: Liao Jian
2. Balance Sheet of the Parent Company
Prepared by: Chongqing Jianshe Motorcycle Co., Ltd.
In RMB Yuan
Items Closing balance Openning balance
Current asset:
Monetary capital 102,442,766.69 98,471,012.44
Transactional financial assets
Notes receivable 21,998,291.17 41,601,148.48
Account receivable 25,854,913.17 31,772,300.19
Prepayment 17,234,700.53 22,300,611.50
Interest receivable
Dividend receivable
Other account receivable 148,895,990.45 60,256,620.47
Inventories 75,692,706.56 75,514,644.92
Non-current asset due in 1 year
Other current asset
Total of current asset 392,119,368.57 329,916,338.00
Non-current assets
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Chongqing Jianshe Motorcycle Co., Ltd. The 1st Quarterly Report 2013 Full Text
Sellable financial asset
Expired investment in possess
Long-term receivable
Long-term share equity investment 824,944,160.74 832,205,050.99
Investment real estates
Fixed assets 633,042,594.17 645,043,821.42
Construction in process 5,538,779.13 10,694,018.19
Engineering goods
Fixed asset disposal
Production physical assets
Gas & petrol
Intangible assets 103,968,501.75 96,431,840.98
R&D expense 35,350,577.50 30,641,485.76
Goodwill
Long-term amortizable expenses 2,734,679.65 3,211,035.43
Deferred income tax asset
Other non-current asset
Total of non-current assets 1,605,579,292.94 1,618,227,252.77
Total of assets 1,997,698,661.51 1,948,143,590.77
Current liabilities
Short-term loans 628,500,000.00 560,500,000.00
Transactional financial liabilities
Notes payable 253,000,000.00 273,000,000.00
Account payable 510,479,032.62 468,248,185.25
Advances received 1,567,949.58 6,669,564.17
Employees’ wage payable 1,004,075.63 1,130,732.50
Tax payable 123,801,850.49 125,615,885.22
Interest payable
Dividend payable
Other account payable 51,687,370.94 35,004,640.44
Non-current liability due in 1 year 98,500,000.00 100,500,000.00
Other current liability
Total of current liability 1,668,540,279.26 1,570,669,007.58
Non-current liabilities
Long-term borrowings 45,000,000.00 92,000,000.00
Bond payable
Long-term payable
Special payable 738,000.00 738,000.00
Anticipated liabilities
Deferred income tax liability
Other non-recurring liabilities
Total of non-current liabilities 45,738,000.00 92,738,000.00
Total of liability 1,714,278,279.26 1,663,407,007.58
Owners’ equity (or shareholders’ equity)
Capital paid in (or share capital) 477,500,000.00 477,500,000.00
Capital reserves 600,940,294.29 600,940,294.29
Less: Shares in stock
Special reserves
Surplus reserves 125,686,000.00 125,686,000.00
Common risk provision
Retained profit -920,705,912.04 -919,389,711.10
Different of foreign currency translation
Total of owners’ equity (or shareholders’ equity) 283,420,382.25 284,736,583.19
Total of liability and shareholders’ equity (or owners’ equity) 1,997,698,661.51 1,948,143,590.77
Legal representative: Li Huaguang CFO: Teng Feng Accounting Manager: Liao Jian
3. Consolidated Income Statement
Prepared by: Chongqing Jianshe Motorcycle Co., Ltd.
In RMB Yuan
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Chongqing Jianshe Motorcycle Co., Ltd. The 1st Quarterly Report 2013 Full Text
Amount of the Current Amount of the Previous
Items
Term Term
I. Total revenue 468,098,750.47 497,268,915.22
Incl. Business income 468,098,750.47 497,268,915.22
Interest income
Insurance fee earned
Fee and commission received
II. Total business cost 493,956,074.41 506,833,102.94
Incl. Business cost 401,323,991.36 420,220,825.52
Interest expense
Fee and commission paid
Insurance discharge payment
Net claim amount paid
Net insurance policy reserves provided
Insurance policy dividend paid
Reinsurance expenses
Business tax and surcharge 4,610,215.52 6,325,629.42
Sales expense 31,523,925.75 26,405,955.49
Administrative expense 36,706,981.39 32,856,037.00
Financial expenses 19,790,960.39 21,024,655.51
Asset impairment loss
Plus: gains from change of fair value (“-“ for loss)
Investment gains (“-“ for loss) 8,209,109.75 10,102,000.05
Incl. Investment gains from affiliates 8,209,109.75 10,102,000.05
Exchange gains (“-“ for loss)
III. Operational profit (“-“ for loss) -17,648,214.19 537,812.33
Plus: non-operational income 505,719.17 137,854.75
Less: non-operational expenditure 15,933.44 144,449.74
Incl. Loss from disposal of non-current assets 64,685.54
IV. Gross profit (“-“ for loss) -17,158,428.46 531,217.34
Less: Income tax expenses
V. Net profit (“-“ for net loss) -17,158,428.46 531,217.34
Including: Net profit realized by the entity taken over before the
takover
Net profit attributable to the owners of parent company -17,380,296.75 513,249.06
Minor shareholders’ equity 221,868.29 17,968.28
VI. Earnings per share: -- --
(I) Basic earnings per share -0.036 0.001
(II) Diluted earnings per share -0.036 0.001
VII. Other misc. incomes 0.00 0.00
VIII. Total of misc. incomes -17,158,428.46 531,217.34
Total of misc. incomes attributable to the owners of the parent
-17,380,296.75 513,249.06
company
Total misc gains attributable to the minor shareholders 221,868.29 17,968.28
Legal representative: Li Huaguang CFO: Teng Feng Accounting Manager: Liao Jian
4. Income Statement of the Parent Co.
Prepared by: Chongqing Jianshe Motorcycle Co., Ltd.
In RMB Yuan
Items Amount of the Current Term Amount of the Previous Term
I. Turnover 391,682,247.43 473,862,253.87
Less: Operation cost 351,811,982.33 435,823,756.69
Business tax and surcharge 4,295,693.16 5,776,111.43
Sales expense 3,894,260.85 4,476,695.63
Administrative expense 26,458,086.52 25,255,218.35
Financial expenses 14,772,185.26 16,200,707.98
Asset impairment loss
Plus: gains from change of fair value (“-“ for loss)
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Chongqing Jianshe Motorcycle Co., Ltd. The 1st Quarterly Report 2013 Full Text
Investment gains (“-“ for loss) 8,209,109.75 10,102,000.05
Incl. Investment gains from affiliates 8,209,109.75 10,102,000.05
II. Operational profit (“-“ for loss) -1,340,850.94 -3,568,236.16
Plus: Non business income 24,650.00 123,113.81
Less: Non-business expenses 0.00 0.00
Incl. Loss from disposal of non-current assets
III. Total profit (“-“ for loss) -1,316,200.94 -3,445,122.35
Less: Income tax expenses
IV. Net profit (“-“ for net loss) -1,316,200.94 -3,445,122.35
V. Earnings per share -- --
(I) Basic earnings per share -0.003 -0.007
(II) Diluted earnings per share -0.003 -0.007
VI. Other misc gains
VII. Total of integrated income -1,316,200.94 -3,445,122.35
Legal representative: Li Huaguang CFO: Teng Feng Accounting Manager: Liao Jian
5. Consolidated Cash Flow Statement
Prepared by: Chongqing Jianshe Motorcycle Co., Ltd.
In RMB Yuan
Amount of the Current Amount of the Previous
Items
Term Term
I. Net cash flow from business operation
Cash received from sales of products and providing of services 368,843,069.68 297,088,118.69
Net increase of customer deposits and capital kept for brother company
Net increase of loans from central bank
Net increase of inter-bank loans from other financial bodies
Cash received against original insurance contract
Net cash received from reinsurance business
Net increase of client deposit and investment
Net increase of trade financial asset disposal
Cash received as interest, processing fee, and commission
Net increase of inter-bank fund received
Net increase of repurchasing business
Tax returned 4,744,085.05 533,919.09
Other cash received from business operation 3,650,337.00 8,832,699.16
Sub-total of cash inflow from business activities 377,237,491.73 306,454,736.94
Cash paid for purchasing of merchandise and services 252,250,536.42 221,240,996.22
Net increase of client trade and advance
Net increase of savings in central bank and brother company
Cash paid for original contract claim
Cash paid for interest, processing fee and commission
Cash paid for policy dividend
Cash paid to staffs or paid for staffs 60,948,632.60 55,242,361.44
Taxes paid 6,619,425.77 10,527,582.86
Other cash paid for business activities 18,305,599.39 21,240,589.73
Sub-total of cash outflow from business activities 338,124,194.18 308,251,530.25
Cash flow generated by business operation, net 39,113,297.55 -1,796,793.31
II. Cash flow generated by investing
Cash received from investment retrieving 1,181.71
Cash received as investment profit 15,470,000.00
Net cash retrieved from disposal of fixed assets, intangible assets, and
1,850.00 0.00
other long-term assets
Net cash received from disposal of subsidiaries or other operational units
Other investment-related cash received 3,036.29 8,032,183.06
Sub-total of cash inflow due to investment activities 15,476,068.00 8,032,183.06
Cash paid for construction of fixed assets, intangible assets and other
5,024,468.55 28,658,159.53
long-term assets
Cash paid as investment 0.00
Net increase of loan against pledge
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Chongqing Jianshe Motorcycle Co., Ltd. The 1st Quarterly Report 2013 Full Text
Net cash received from subsidiaries and other operational units
Other cash paid for investment activities 0.00
Sub-total of cash outflow due to investment activities 5,024,468.55 28,658,159.53
Net cash flow generated by investment 10,451,599.45 -20,625,976.47
III. Cash flow generated by financing
Cash received as investment
Incl. Cash received as investment from minor shareholders
Cash received as loans 340,400,000.00 479,172,309.94
Cash received from bond placing
Other financing-related cash received 7,613,258.20 58,657,456.50
Subtotal of cash inflow from financing activities 348,013,258.20 537,829,766.44
Cash to repay debts 344,589,646.80 403,324,856.00
Cash paid as dividend, profit, or interests 24,291,572.94 24,255,209.07
Incl. Dividend and profit paid by subsidiaries to minor shareholders
Other cash paid for financing activities 11,578,436.32 127,641,539.64
Subtotal of cash outflow due to financing activities 380,459,656.06 555,221,604.71
Net cash flow generated by financing -32,446,397.86 -17,391,838.27
IV. Influence of exchange rate alternation on cash and cash equivalents -516,713.01 31,217.22
V. Net increase of cash and cash equivalents 16,601,786.13 -39,783,390.83
Plus: Balance of cash and cash equivalents at the beginning of term 81,609,913.40 161,078,406.88
VI. Balance of cash and cash equivalents at the end of term 98,211,699.53 121,295,016.05
Legal representative: Li Huaguang CFO: Teng Feng Accounting Manager: Liao Jian
6. Cash Flow Statement of the Parent Co.
Prepared by: Chongqing Jianshe Motorcycle Co., Ltd.
In RMB Yuan
Amount of the Current Amount of the Previous
Items
Term Term
I. Net cash flow from business operation
Cash received from sales of products and providing of services 284,825,619.91 255,053,972.80
Tax returned 1,454,511.94 219,492.94
Other cash received from business operation 61,588.15 816,271.67
Sub-total of cash inflow from business activities 286,341,720.00 256,089,737.41
Cash paid for purchasing of merchandise and services 215,579,824.42 184,347,140.56
Cash paid to staffs or paid for staffs 46,270,023.08 43,207,952.52
Taxes paid 5,374,648.05 8,843,916.16
Other cash paid for business activities 5,069,341.34 4,217,896.15
Sub-total of cash outflow from business activities 272,293,836.89 240,616,905.39
Cash flow generated by business operation, net 14,047,883.11 15,472,832.02
II. Cash flow generated by investing
Cash received from investment retrieving
Cash received as investment profit 15,470,000.00
Net cash retrieved from disposal of fixed assets, intangible assets, and
0.00
other long-term assets
Net cash received from disposal of subsidiaries or other operational units
Other investment-related cash received 3,036.29 8,003,127.98
Sub-total of cash inflow due to investment activities 15,473,036.29 8,003,127.98
Cash paid for construction of fixed assets, intangible assets and other
4,211,468.55 27,493,380.30
long-term assets
Cash paid as investment
Net cash received from subsidiaries and other operational units
Other cash paid for investment activities
Sub-total of cash outflow due to investment activities 4,211,468.55 27,493,380.30
Net cash flow generated by investment 11,261,567.74 -19,490,252.32
III. Cash flow generated by financing
Cash received as investment
Cash received as loans 288,000,000.00 360,000,000.00
Cash received from bond placing
Other financing-related cash received 804,010,904.05 518,467,863.80
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Chongqing Jianshe Motorcycle Co., Ltd. The 1st Quarterly Report 2013 Full Text
Subtotal of cash inflow from financing activities 1,092,010,904.05 878,467,863.80
Cash to repay debts 269,000,000.00 380,220,000.00
Cash paid as dividend, profit, or interests 17,312,019.09 15,832,544.60
Other cash paid for financing activities 827,038,114.47 473,036,700.00
Subtotal of cash outflow due to financing activities 1,113,350,133.56 869,089,244.60
Net cash flow generated by financing -21,339,229.51 9,378,619.20
IV. Influence of exchange rate alternation on cash and cash equivalents 0.00 0.00
V. Net increase of cash and cash equivalents 3,970,221.34 5,361,198.90
Plus: Balance of cash and cash equivalents at the beginning of term 51,835,684.99 92,026,931.24
VI. Balance of cash and cash equivalents at the end of term 55,805,906.33 97,388,130.14
Legal representative: Li Huaguang CFO: Teng Feng Accounting Manager: Liao Jian
II. Auditors’ Report
If the 1st Quarterly Financial Statements are audited?
[] Yes [V] No
Chongqing Jianshe Motorcycle Co., Ltd.
Li Huaguang - Chairman of the Board
April 24, 2013
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