Summary of 2022 Annual Report of Chongqing Jianshe Vehicle System Co., Ltd
Stock code: 200054 Stock Abbreviation: Jianshe Vehicle B Announcement No.: 2023-016
Summary of 2022 Annual Report
of Chongqing Jianshe Vehicle System Co., Ltd
1. Important notes
This Summary is based on the full Annual Report of the Company, In order for a full understanding of the
Company’s operating results, financial position and future development plans, investors should carefully read
the aforesaid full text on the media designated by the China Securities Regulatory Commission (the “CSRC”).
All the directors attended the board meeting for the review of this Report.
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 cash 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 ID Jianshe Vehicle B Stock Code 200054
Stock Exchange Listed Shenzhen Stock Exchange
Contact person and contact
Board secretary Securities affairs Representative
manner
Name Zhang Hushan Li Wenling
No.1 Jianshe Road, Huaxi Industrial Zone, No.1 Jianshe Road, Huaxi Industrial Zone,
Address
Ba’nan District, Chongqing Ba’nan District, Chongqing
Fax. 023-66295333 023-66295333
Tel. 023-66295333 023-66295333
Email. cqjsmc@jianshe.com.cn cqjsmc@jianshe.com.cn
2.Major operations or products during the reporting period
In 2022, according to the statistics of China Association of Automobile Manufacturers, the annual
automobile production and sales in 2022 were 27.02 million and 26.86 million, with a year-on-year increase of
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Summary of 2022 Annual Report of Chongqing Jianshe Vehicle System Co., Ltd
3.4% and 2.1% respectively, and maintained a small growth for two consecutive years. The share of new energy
vehicles in the passenger car market increased from 16.39% in the previous year to 29.23%, and the share of
fuel vehicles in the passenger car market decreased from 83.61% in the previous year to 70.77%. The
automobile air-conditioning compressor industry closely follows the development of the automobile industry.
With the expansion of the share of new energy vehicles, the market of electric compressors is driven to grow
simultaneously, and the market share of air-conditioning compressors for traditional fuel vehicles is gradually
squeezed. The Company's fixed displacement rotary vane compressor for automobile air conditioning mainly
provides supporting facilities for fuel vehicles. In terms of the industry development trend, the rotary vane
technology will face the ceiling, therefore the Company urgently needs to speed up the digestion and
introduction of new technology products such as vortex motor. In 2022, the Company increased investment in
science and technology, deepened market expansion, and adopted various measures to promote the completion
of various key tasks. However, there is still a certain gap between the operating indicators and the budget targets.
In the whole year, 924,000 sets of automobile air-conditioning compressors were produced and 1,198,000 sets
were sold, with a year-on-year decrease of 49.00% and 30.81% respectively, and the business income was RMB
474 million, with a year-on-year decrease of 30.29%. (For details, please refer to the full text of the 2022
Annual Report).
3.Major accounting data and financial indicators
（1）Major accounting data and financial indicators for the last three years
Indicate by tick mark whether there is any retrospectively restated datum in the table below.
□ Yes √ No
In RMB
Changed over last
End of 2022 End of 2021 End of 2020
year（％）
Gross assets（Yuan） 896,911,569.17 1,041,336,478.97 -13.87% 1,186,697,453.77
Net assets attributable to
shareholders of the listed 111,091,284.68 149,303,592.84 -25.59% 173,588,673.06
company（Yuan）
Changes of this period
2022 2021 over same period of 2020
Last year(%)
Operating income
（Yuan） 474,114,098.08 680,118,967.08 -30.29% 740,851,845.25
Net profit attributable to
the shareholders of the -39,733,094.69 -25,998,962.72 -52.83% 1,415,942.45
listed company（Yuan）
Net profit after deducting
of non-recurring gain/loss
attributable to the -82,240,752.84 -29,668,201.39 -177.20% -44,041,022.22
shareholders of listed
company（Yuan）
Cash flow generated by
business operation, net 12,409,599.09 21,432,367.47 -42.10% 165,013,126.67
（Yuan）
Basic earning per
share(Yuan/Share) -0.33 -0.22 -50.00% 0.012
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Summary of 2022 Annual Report of Chongqing Jianshe Vehicle System Co., Ltd
Diluted gains per
-0.33 -0.22 -50.00% 0.012
share(Yuan/Share)
Weighted average ROE(%) -30.52% -16.10% -14.42% 0.82%
（2）Main Financial Index by Quarters
In RMB
First quarter Second quarter Third quarter Fourth quarter
Operating income 122,064,712.94 117,066,749.90 113,413,771.40 121,568,863.84
Net profit attributable
to the shareholders of 23,445,211.84 -10,039,273.60 -20,684,911.30 -32,454,121.63
the listed company
Net profit after
deducting of non-
recurring gain/loss
-15,884,430.93 -12,295,238.80 -21,587,216.80 -32,473,866.31
attributable to the
shareholders of listed
company
Net Cash flow
generated by business 22,875,680.64 8,513,551.90 15,072,374.40 -34,052,007.85
operation
Indicate by tick mark whether any of the financial data in the table above or their summations differs materially
from what have been disclosed in the Company’s quarterly or semi-annual reports.
□ Yes √ No
4.Share capital and shareholders
（1）Number of holders of ordinary shares and preference shares with restored voting right and Top
10 shareholders
In shares
Total Total
Total number The total nu
shareholders preferred sh
of common mber of prefe
at the end of areholders at
shareholders rred sharehol the end of the
at the end of the month ders
7,029 6,991 0 month from 0
the from the date voting rights the date of
reporting of disclosing restored at pe disclosing
period the annual riod-end the annual
report report
Shareholdings of Top 10 shareholders
Number or
Proportion Amount of share
Shareholders Number of
Nature of of shares pledged/frozen
shares held at restricted shares
shareholder State
held（%） period -end Amo
of
held unt
share
China Military Equipment Group State-owned
71.13% 84,906,250 84,906,250.00
Co., Ltd. legal person
Domestic
Gu Zuocheng 1.89% 2,261,000 2,218,750.00
natural person
Domestic
Anhui Hengsheng Investment non-state-
1.47% 1,750,000 1,750,000.00
Development Co., Ltd. owned legal
person
Domestic
Xu Yuanhui 0.81% 967,999 0
natural person
Domestic
Liu Dan 0.74% 880,376 0
natural person
Domestic
Chen Xinqiang 0.51% 612,400 0
natural person
CORE PACIFIC-YAMAICHI Overseas legal 0.51% 605,650 0
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Summary of 2022 Annual Report of Chongqing Jianshe Vehicle System Co., Ltd
INTERNATIONAL (H.K.) person
LIMITED
Domestic
Zhang Meilan 0.43% 513,560 0
natural person
Domestic
Feng Yonghui 0.42% 500,000 500,000
natural person
Domestic
Chen Houping 0.36% 423,800 0
natural person
There isn’t any associated relationship between the sponsoring
shareholder and the other shareholders among the top-10 list. None of
Explanation on associated relationship among the them are regarded as ‘Acting in concert’ in accordance with ‘The rules
aforesaid shareholders of information disclosure on change of shareholding.’ Foreign
shareholders are unknown for their condition of ‘Associated
relationship’ and ‘Acting in concert’.
Notes to the shareholders involved in financing
Not applicable
securities (if any)
(2)Total preference shareholders and the shares held by the Top 10 Preference shareholders
□ Applicable √ Not applicable
The Company has no preferred shareholders during the reporting period.
(3)Block diagram of the ownership and control relations between the Company and the actual
controller
5.Bonds in existence as of the approval date of the annual report
□ Applicable √ Not applicable
III. Significant events
1. Explanation of the Company's uncovered losses amounting to one-third of the total paid-in share
capital
As audited by Da Hua Certified Public Accountants (LLP), as of December 31, 2022, the cumulative
amount of undistributed profit in the Company's consolidated statement was -1,095,779,478.64 yuan, the
Company's uncovered loss was -1,095,779,478.64 yuan, the Company's total paid-in capital was
119,375,000.00 yuan, and the Company's uncovered loss exceeded one-third of the total paid-in capital. For
details of the specific situation, please refer to the "XVI. Explanation of Other Major Matters" in Section VI
Important Matters in the full annual report.
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Summary of 2022 Annual Report of Chongqing Jianshe Vehicle System Co., Ltd
2. Major matters already disclosed in the current year
On February 15,2022, the Company signed the Asset Transaction Contract with Construction Industry, and
transferred the its 106 workshops, the corresponding land use rights and related ancillary machinery and
equipment to Construction Industry at a price of 152.88 million yuan listed on the Chongqing United Assets and
Equity Exchange. On April 25, 2022, the Company completed the delivery of all transferred assets.（See details
in the company’s announcement published on securities times, Hongkong Commercial daily and
http//www.cninfo.com.cn on May 11,2022 (Announcement No.:2022-050). After the completion of the
transaction, the income from asset disposal increased by RMB 39.02 million this year (belonging to non-
recurring profit and loss items).
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