The Third Quarterly Report 2020
Stock code: 200054 Stock Abbreviation: Jianshe Vehicle B Announcement No.: 2020-077
Chongqing Jianshe Vehicle System Co., Ltd.
The Third Quarterly Report 2020
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The Third Quarterly Report 2020
1 Important notes
The Board of Directors，the Supervisory Committee, the directors, the supervisors, and executives of the
Company guarantee that there are no significant omissions, fictitious or misleading statements carried in the
Quarterly Report and we will accept individual and joint responsibilities for the truthfulness, accuracy and
completeness of the Quarterly Report.
All of the directors presented the board meeting at which this Quarterly Report was examined.
Mr. Lv Hongxian, The Company Leader, Mr. Tan Mingxian , Chief financial officer and the Ms.Niu Yanli, the
person in charge of the accounting department (the person in charge of the accounting )hereby confirm the
authenticity and completeness of the financial report enclosed in the report.
II. Basic Information of the Company
I.Main accounting data and financial Index
Indicate by tick mark whether the Company needs to retroactively restate any of its accounting data.
□ Yes √ No
As at the end of the reporting Changed （%）over end of
As at the end of last year
period prev. year
Gross assets（Yuan） 1,230,073,040.56 1,190,147,356.58 3.35%
Net assets attributable to the
shareholders of the listed company 177,949,550.42 172,172,730.61 3.36%
（Yuan）
Increase/decrease over Between beginning of
Changed （%）over
Reporting period the same period of last the year to the end of
end of prev. year
year（%） the report period
Operating income（Yuan） 202,858,501.83 15.11% 537,448,763.68 -9.65%
Net profit attributable to the
shareholders of the listed company 40,472,240.13 -267.13% 5,776,819.81 -109.45%
（Yuan）
Net profit after deducting of
non-recurring gain/loss attributable
-2,059,817.75 -91.59% -36,200,374.63 -39.98%
to the shareholders of listed
company（Yuan）
Cash flow generated by business
47,434,377.12 -32.23% 120,556,271.10 -36.26%
operation, net（Yuan）
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The Third Quarterly Report 2020
Basic earning per
0.3390 -267.08% 0.0484 -109.46%
share(Yuan/Share)
Diluted gains per
0.3390 -267.08% 0.0484 -109.46%
share(Yuan/Share)
Weighted average income/asset
23.12% 32.34% 3.30% 26.55%
ratio（%）
Items and amount of non-current gains and losses
√ Applicable □ Not applicable
In RMB
Amount (Year-beginning to
Items Notes
the end of the report period.)
Gain equal to the amount by which investment costs for the
Company to obtain subsidiaries, associates and joint ventures are
42,516,031.33
lower than the Company’s enjoyable fair value of identifiable net
assets of investees when making investments
Other non-business income and expenditures other than the above -538,836.89
Total 41,977,194.44 --
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√ Not applicable
None of Non-recurring gain /loss items recognized as recurring gain /loss/items as defined by the information
disclosure explanatory Announcement No.1- Non –recurring gain/loss in the report period.
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The Third Quarterly Report 2020
II. Total Shareholders and Shares Held by Top Ten Shareholders at the End of the Reporting Period
1. About Total Common Shareholders, Total Preference Shareholders with the Voting Power Recovered and the
Shares Held by Top Ten Common Shareholders
In shares
Total preference shareholders
Total number of common with the voting power
7,484 0
shareholders at the period-end recovered at the end of the
reporting period(if any)
Shares held by the top 10 shareholders
Amount of Pledging or freezing
Properties of Share tradable shares
Shareholder name Quantity Status of the
shareholder proportion % with Conditional Quantity
shares
held
China Military
State-owned legal
Equipment Group 71.13% 84,906,250 84,906,250
person
Co., Ltd.
Domestic natural
Gu Zuocheng 1.86% 2,218,750 2,218,750
person
Anhui Hengsheng
Domestic
Investment
non-state-owned 1.47% 1,750,000 1,750,000
Development
legal person
Co., Ltd.
Domestic natural
Liu Dan 0.77% 918,251
person
Domestic natural
Xu Yuanhui 0.65% 777,889
person
Domestic natural
Chen Xinqiang 0.51% 612,400
person
Domestic natural
Xue Xiaoping 0.43% 517,175
person
Domestic natural
Zhang Meilan 0.43% 513,560
person
Domestic natural
Feng Yonghui 0.42% 500,000 500,000
person
CORE
PACIFIC-YAMA
ICHI Overseas Legal
0.37% 445,650
INTERNATION person
AL (H.K.)
LIMITED
Shares held by the Top 10 Shareholders of Non-restricted shares
Share type
Shareholders’ Names Number of the non-restricted shares held
Share type Quantity
Foreign shares
Liu Dan 918,251 placed in 918,251
domestic
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The Third Quarterly Report 2020
exchange
Foreign shares
placed in
Xu Yuanhui 777,889 777,889
domestic
exchange
Foreign shares
placed in
Chen Xinqiang 612,400 612,400
domestic
exchange
Foreign shares
placed in
Xue Xiaoping 517,175 517,175
domestic
exchange
Foreign shares
placed in
Zhang Meilan 513,560 513,560
domestic
exchange
Foreign shares
CORE PACIFIC-YAMAICHI
placed in
INTERNATIONAL (H.K.) 445,650 445,650
domestic
LIMITED
exchange
Foreign shares
placed in
Li Jianping 430,000 430,000
domestic
exchange
Foreign shares
placed in
Chen Houping 423,561 423,561
domestic
exchange
Foreign shares
placed in
Yu Lingfeng 390,000 390,000
domestic
exchange
Foreign shares
placed in
Liu Guosheng 345,575 345,575
domestic
exchange
There isn’t any associated relationship between the sponsoring shareholder and the other
Explanation on associated
shareholders among the top-10 list. None of them are regarded as ‘Acting in concert’ in
relationship among the aforesaid
accordance with ‘The rules of information disclosure on change of shareholding.’ Foreign
shareholders
shareholders are unknown for their condition of ‘Associated relationship’ and ‘Acting in
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The Third Quarterly Report 2020
concert’.
Whether top ten common shareholders or top ten common shareholders with un-restrict shares held have a
buy-back agreement dealing in reporting period.
□ Yes √ No
The top ten common shareholders or top ten common shareholders with un-restrict shares held of the Company
have no buy –back agreement dealing in reporting period.
2.Total number of preferred shareholders and shareholding of top 10 preferred shareholders by the end of
the report period
□ Applicable √Not applicable
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The Third Quarterly Report 2020
III Significant Events
I. Major changes of main accounting statement items and financial indicators in the reporting period, as well as
reasons for the changes
√ Applicable □ Not applicable
The net profit attributable to shareholders of the Listed Company from the beginning of the year to the end of
the reporting period was 5,776,800 yuan，which turned losses into profits compared to the same period last year.
The main reason was that on June 5, 2020, the Company and Japan Yamaha Motor Co., Ltd (hereinafter referred t
o as YAMAHA), Japan Aisan Industry Co., Ltd (hereinafter referred to as AISAN), Japan TK Vaporizer Co., Ltd (
Hereinafter referred to as TK) signed the "Equity Transfer Contract" to purchase the 20%, 25%, and 5% of Pingsh
an Taikai equity respectively held by YAMAHA, AISAN, and TK at a price of USD 3. The equity transfer for the
acquisition project was completed on September 8, 2020(Please refer to the relevant Announcement No.:
2020-020, 2020-031, 2020-055, 2020-060 and 2020-073 on www.cninfo.com on April 282020,May 23, 2020,
June 9, 2020 and September 12, 2020 for details).The income realized from this equity acquisition
was 42.52 million yuan, which was included in the Company’s non-operating income (non-recurring profit and los
s item), resulting in an increase in the Company’s total profit in the current period.
II. The progress of significant events and influence, as well as the analysis and explanation on resolving
proposal.
√ Applicable □Not applicable
Chongqing Bisu Yumbo Power Technology Co., Ltd. (hereinafter referred to as "Chongqing Bisu") have
failed to pay Vehicle Air Conditioning Company, a full-owned subsidiary of the Company for the air conditioner
compressors. The Vehicle Air Conditioning Company filed a lawsuit with Chongqing Yubei District People's
Court in November 2018, who held a hearing on July 11, 2019 and issued the "Civil Judgment of Chongqing
Yubei District People's Court" on September 18, 2019 ((2018) Y0112 MC, No. 23992), where the "General
Rules for Purchase of Parts and Materials" signed by the Company and Chongqing Bisu was cancelled.
Chongqing Bisu paid 5,396,775.35 yuan and loss of capital occupation to the Vehicle Air-Conditioning Company.
Baic Yinxiang Automobile Co., Ltd. is jointly and severally liable for the above debts of the Defendant Chongqing
Bisu.At the end of September 2020, Baic Yingxiang has filed for bankruptcy and reorganization, and the Vehicle
Air-Conditioning Company has declared a general claim on the joint and several liabilities of Baic Yingxiang,
with a total amount of 6,378,653.75 yuan.
Progress in the implementation of share repurchase
□ Applicable √ Not applicable
Progress in the implementation of the reduction of the repurchased shares by means of centralized bidding
□ Applicable √ Not applicable
III. Commitments finished in implementation by the Company, shareholders, actual controller, acquirer,
directors, supervisors, senior executives or other related parties in the reporting period and commitments
unfinished in implementation at the end of the reporting period
□ Applicable √ Not applicable
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The Third Quarterly Report 2020
The company has no commitments completed in period and those without completed till lend of the period from
actual controller, shareholders, related parties, purchaser and companies.
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The Third Quarterly Report 2020
IV. Financial asset investment
1. Investment in securities
□ Applicable √Not applicable
No Securities investment in period
2.Investment in derivatives
□ Applicable √Not applicable
There is no derivative investment during the report period.
V. Progress of investment projects with raised funds
□ Applicable √Not applicable
VI. Prediction of 2020 business performance
Estimation on accumulative net profit from the beginning of the year to the end of next report period to be loss
probably or the warning of its material change compared with the corresponding period of the last year and
explanation on reason
□ Applicable √ Not applicable
VII. Major contracts for daily operations
□ Applicable √ Not applicable
VIII. Entrusted Financial Management
□ Applicable √Not applicable
There is no Entrusted Financial Management during the report period.
IX. External guarantee get out of line
□ Applicable √Not applicable
The Company has no external guarantee get out of the line in the Period
X. Controlling shareholder and its related parties occupying non-business capital of the listed company
□ Applicable √Not applicable
There are no controlling shareholder and its related parties occupying non-business capital of the listed company
in Period
XI. The registration form of acceptance of investigation, communication and interview in the report period
for future reference
□ Applicable √Not applicable
No such cases in the reporting period.
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