Chongqing Jianshe Vehicle System Co., Ltd. Summary of the Semi-Annual Report 2018
Stock code: 200054 Stock Abbreviation: Jianshe Vehicle B Announcement No.: 2018-042
Chongqing Jianshe Vehicle System Co., Ltd.
Summary of the Semi-Annual Report 2018
1。 Important notes
The summary is abstract from full-text of summary of the semi-annual report, for more details information ,
investors should found in the full-text of annual report that published on website of Shenzhen Stock Exchange and
other website appointed by CSRC.
Objection statement of directors, supervisors and senior executives:
Name Position Content and reason
Statement
Except the following directors, all the directors attended the board meeting for reviewing the semi-report.
The name of the directors absent Positions Reasons for the absence Name of the consignee
Ye Yuxin Independent Director Business trip Lv Hongxian
Non-standard auditor’s opinion
□ Applicable √ Not applicable
Plans for profit distribution on ordinary shares or conversion of capital reserves into share capital proposed to the
Board during the reporting period.
□ Applicable √ Not applicable
The Company will not distribute ash dividend or bonus shares, neither capitalizing of common reserves
Plans for profit distribution on preference shares for the reporting period approved by the Board
□ Applicable √ Not applicable
II. Basic information about the company
1. Company profile
Stock abbreviation Jianshe Vehicle B Stock code 200054
Stock exchange for listing Shenzhen Stock Exchange
Contact person and contact
Board secretary Securities affairs Representative
manner
Name Zhang Hushan Liu Hongyu
No.1 Jianshe Road, Huaxi Industrial Zone, No.1 Jianshe Road, Huaxi Industrial Zone,
Office address
Ba’nan District , Chongqing Ba’nan District , Chongqing
Tel 023-66295333 023-66295333
E-mail cqjsmc@jianshe.com.cn cqjsmc@jianshe.com.cn
2. Major accounting data and financial indicators
Does the Company adjust retrospectively or restate the accounting data of previous years due to changes in the
accounting policy or corrections of accounting errors?
□Yes √ No
Reporting period Same period of last year YOY+/-（%）
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Chongqing Jianshe Vehicle System Co., Ltd. Summary of the Semi-Annual Report 2018
Operating income（Yuan） 511,696,731.41 550,074,257.84 -6.98%
Net profit attributable to the shareholders
66,076,528.48 11,418,319.36 478.69%
of the listed company（Yuan）
Net profit after deducting of non-recurring
gain/loss attributable to the shareholders of 65,795,940.72 11,141,929.71 490.53%
listed company（Yuan）
Cash flow generated by business operation,
28,486,030.25 63,135,091.91 -54.88%
net（Yuan）
Basic earning per share(Yuan/Share) 0.5535 0.0957 478.37%
Diluted gains per share(Yuan/Share) 0.5535 0.0957 478.37%
Weighted average ROE(%) 21.04% 4.17% 16.87%
As at the end of the
As at the end of last year YOY+/-（%）
reporting period
Gross assets (Yuan) 1,426,739,166.59 1,302,238,427.15 9.56%
Net assets attributable to shareholders of
348,834,731.97 282,758,203.49 23.37%
the listed Company（Yuan）
3.Shareholders and shareholding
In Shares
Number of shareholders of
Total Number of common
preferred stocks of which
shareholders at the end of the 8,100 0
voting rights recovered in the
reporting period
report period(If any)
Shareholdings of Top 10 shareholders
Amount of Number or share
Shareholders Proportion of Number of pledged/frozen
Nature of
shares held shares held at restricted shares
shareholder State of
（%） period -end Amount
held share
Chongqing Jianshe Mechanical and State-owned legal
71.13% 84,906,250 84,906,250 Freeze 7,185,000
Electric Co., Ltd. person
Domestic natural
Gu Zuocheng 1.89% 2,261,000 2,218,750
person
Domestic
Anhui Hengsheng Economic
non-state-owned 1.47% 1,750,000 1,750,000
Development Group Co., Ltd.
legal person
Domestic natural
Liu Dan 0.86% 1,032,201 0
person
Domestic natural
Xu Yuanhui 0.55% 651,989 0
person
Domestic natural
Yu Lingfeng 0.51% 612,921 0
person
Domestic natural
Chen Xinqiang 0.51% 612,400 0
person
Domestic natural
Zhang Meilan 0.43% 513,560 0
person
Domestic natural
Feng Yonghui 0.42% 500,000 500,000
person
CORE PACIFIC-YAMAICHI
Overseas legal
INTERNATIONAL (H.K.) 0.36% 424,550 0
person
LIMITED
There isn’t any associated relationship between the sponsoring shareholder
Explanation on associated relationship among the and the other shareholders among the top-10 list. None of them are
aforesaid shareholders regarded as ‘Acting in concert’ in accordance with ‘The rules of
information disclosure on change of shareholding.’ Foreign shareholders
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Chongqing Jianshe Vehicle System Co., Ltd. Summary of the Semi-Annual Report 2018
are unknown for their condition of ‘Associated relationship’ and ‘Acting
in concert’.
4.Changing of controlling shareholder and practical controller of the Company.
Change of holding shareholder
□ Applicable √ Not applicable
No change of holding shareholder in the report period.
Change of substantial controller
□ Applicable √ Not applicable
No change of substantial controller in the report period.
5.Number of preference shareholders and shareholdings of top 10 of them
□ Applicable √ Not applicable
No preference shareholders in the reporting period
6.Corporate bonds
Are there any corporate bonds publicly offered and listed on the stock exchange, which were undue before the
approval date of this report or were due but could not be redeemed in full?
No
III. Performance discussion & analysis
1．Performance Review for Reporting period
Is the company subject to any disclosure requirements for special industries?
No
In the first half of 2018, the company has vigorously expanded the existing compressor business according
to the business objectives that we set at the beginning of the year in a bid to accelerate the development of Hanon,
and speed up the transformation, achieving remarkable results in key areas of work.
In 2018, the company aims to sell 2.4 million sets of automotive air-conditioning compressors with revenue
of 920 million yuan. In the first half of the year, the company has actually sold 1.23 million sets, accounting for
51% of the sale plan at the beginning of the year. Among it, domestic sales is 890,000 units, dropping 5.76% over
the same period of the previous year; foreign sales is 340,000 units, an increase of 7.33% over the same period of
the previous year.
In the first half of 2018, revenue for the main business is 470 million yuan. As 51% of equity interest of the
subsidiary Shanghai Jianshe is transferred, investment profit is increased. Thus, the profit of current period is
66.08 million yuan, an increase of 479% over the same period of the previous year.
2.Maters related to financial report
(1) Reason for changes in accounting policies, accounting estimates and accounting methods as compared to the
financial report for the prior year
□ Applicable √ Not applicable
No such cases.
(2) Reason for retrospective restatement to correct major accounting errors during the reporting period
□ Applicable √ Not applicable
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Chongqing Jianshe Vehicle System Co., Ltd. Summary of the Semi-Annual Report 2018
No such cases.
(3) Reason for changes in scope of the consolidated financial statements as compared to the financial report for
the prior year
√Applicable □ Not applicable
After the company sells 51% of equity interest in Shanghai Construction, the company no longer holds the equity
interest in Shanghai Jianshe. According to the provisions of “Accounting Standards for Business Enterprises No. 2
– Long-term Equity Investments”, Shanghai Jianshe will no longer be included in the scope of the company’s
consolidated statements after the sale.
Chongqing Jianshe Vehicle System Co., Ltd.
Board chairman: Lv Hongxian
July 26,2018
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