China Fangda Group Co., Ltd. 1st Quarterly Report 2013 (Full Text)
Stock Code: 000055, 200055 Stock ID: Fangda Group, Fangda B Announcement No. 2013-11
China Fangda Group Co., Ltd.
1st Quarterly Report 2013 (Full Text)
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China Fangda Group Co., Ltd. 1st Quarterly Report 2013 (Full Text)
1 Important Statement
The Board of Directors and the directors, supervisors and senior management of the Company guarantee that
there is no significant omission, fictitious or misleading statement in the Report and shall bear individual and joint
responsibilities for the truthfulness, accuracy and completeness of this Report.
Mr. Xiong Jianming, the Chairman of Board, Mr. Lin Kebin, the Chief Financial Officer, and Mr. Chen
Yonggang, the manager of accounting department declare: the Financial Report carried in this report is authentic
and completed.
Directors other than the following ones have attended the Board meeting to review the quarterly report.
Name of absent director Position of absent director Reason Name of proxy
Xiong Jianwei Director Business engagement Wang Shengguo
2 Financial Highlight and Changes in Shareholders
1. Financial highlights
Retroactive adjustment or restatement of financial statistics of the previous period during this report period
□ Yes √ No
January-March 2013 January-March 2012 Year-on-year change (%)
Turnover (yuan) 302,138,499.27 233,711,878.60 29.28
Net profit attributable to shareholders of
11,212,202.96 9,160,949.85 22.39
the listed company (yuan)
Net profit attributable to the shareholders
of the listed company and after deducting 10,738,339.51 8,490,269.44 26.48
of non-recurring gain/loss (RMB)
Net cash flow generated by business
-41,819,154.03 -42,490,494.14
operation (RMB)
Basic earnings per share (yuan/share) 0.01 0.01
Diluted Earnings per share (yuan/share) 0.01 0.01
Weighted average net income/asset ratio
1.02% 0.85% 0.17
(%)
March 31, 2013 December 31, 2012 Year-on-year change (%)
Total asset (RMB) 2,267,908,707.78 2,327,802,889.51 -2.57
Net profit attributable to the shareholders
1,109,824,398.53 1,098,612,195.57 1.02
of the listed company (RMB)
Accidental gain/loss item and amount
√ Applicable □ Inapplicable
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China Fangda Group Co., Ltd. 1st Quarterly Report 2013 (Full Text)
In RMB
Amount as of the end of the
Items Notes
report period
Non-current asset disposal gain/loss (including the write-off part
142,472.80
for which assets impairment provision is made)
Write-back of impairment provision of receivables for which
219,865.64
impairment test is performed individually
Other non-business income and expenditures other than the above 188,305.46
Influenced amount of income tax 73,444.24
Influenced amount of minority shareholders’ equity (after-tax) 3,336.21
Total 473,863.45 --
2. Shareholder number and the top 10 shareholders
In share
Number of shareholders at the end
69,564
of the report period
Top 10 Shareholders
Name of the Properties of Conditional Pledging or freezing
Shareholding (%) Number of shares
shareholder shareholder shares Share status Amount
Shenzhen
Banglin Domestic
Technologies non-state legal 9.09 68,774,273 0
Development person
Co., Ltd.
Liaoning Fangda Domestic
Group Industry non-state legal 4.06 30,765,226 0
Co., Ltd. person
Shengjiu Foreign legal
2.82 21,339,867 0
Investment Ltd. person
Shenzhen Shilihe Domestic
Investment Co., non-state legal 2.36 17,860,992 0
Ltd. person
Huatai Securities’
Contractual
Others 2.22 16,800,000 0
Repurchase
Account
Domestic natural
Cao Yifan 0.47 3,584,165 0
person
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China Fangda Group Co., Ltd. 1st Quarterly Report 2013 (Full Text)
SOOCHOW
Securities
Customer Credit Domestic
Transaction non-state legal 0.33 2,500,000 0
Guarantee person
Securities
Account
Domestic natural
Chen Lihong 0.3 2,305,365 0
person
Zhongjiang
International
Trust Co., Ltd
Others 0.28 2,103,000 0
Capital Trust
Contract (Jinshi
No.199)
China Securities
Customer Credit
Domestic
Transaction
non-state legal 0.27 2,066,263 0
Guarantee
person
Securities
Account
Top 10 holders of unconditional shares
Category of shares
Name of the shareholder Amount of shares without sales restriction Category of
Amount
shares
Shenzhen Banglin Technologies RMB common
68,774,273 68,774,273
Development Co., Ltd. shares
Liaoning Fangda Group Industry RMB common
30,765,226 30,765,226
Co., Ltd. shares
Foreign shares
Shengjiu Investment Ltd. 21,339,867 listed in domestic 21,339,867
exchanges
Shenzhen Shilihe Investment Co., RMB common
17,860,992 17,860,992
Ltd. shares
Huatai Securities’ Contractual RMB common
16,800,000 16,800,000
Repurchase Account shares
Foreign shares
Cao Yifan 3,584,165 listed in domestic 3,584,165
exchanges
SOOCHOW Securities Customer 2,500,000 RMB common 2,500,000
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China Fangda Group Co., Ltd. 1st Quarterly Report 2013 (Full Text)
Credit Transaction Guarantee shares
Securities Account
Foreign shares
Chen Lihong 2,305,365 listed in domestic 2,305,365
exchanges
Zhongjiang International Trust Co.,
RMB common
Ltd Capital Trust Contract (Jinshi 2,103,000 2,103,000
shares
No.199)
China Securities Customer Credit
RMB common
Transaction Guarantee Securities 2,066,263 2,066,263
shares
Account
Among the top 10 shareholders, Shenzhen Banglin Technology Development Co., Ltd. and
Shengjiu Investment Co., Ltd. are parties action-in-concert. Shenzhen Banglin Technology
Notes to top ten shareholder
Development Co., Ltd. and Shenzhen Shilihe Investment Co., Ltd. are related parties. The
relationship or "action in concert"
Company is not notified of other action-in-concert or related parties among the other holders
of current shares.
3 Significant Events
1. Details and reasons of changes in major accounting items and financial indicators
1. Notes receivable decreased by 66.04%, which was caused by mature and endorsement of notes;
2. Repayment decreased by 37.78% from the beginning of the year, which was due to the construction payment
prepaid during the report period;
3. Wage payable decreased by 47.19%, which was caused by distributing of the 2012 annual bonus during the
report period;
4. Interest payable increased by 170.57%, which was due to the provision of short-term financing bond interest
during the report period;
5. Operating revenue increased by 29.28%, which was due to the increase in projects in construction during the
report period.
2. Progress of significant events, influence and solutions
The Company’s Fangda Town project lying in Shenzhen Nanshan Xili Longjing has been fitted into 2012
Shenzhen Urban Renewal Plan The First Projects by Shenzhen Planning and Land Resources Committee and has
been ratified by Shenzhen City Government. In 2012, the Fangda Town renewal plan was submitted to the
governing authority for approval. The Company will start the construction after the approval. The Fangda Town
renewal plan will substantially boost the Company's brand equity.
Significant event Date of disclosure Disclosure source
Announcement on the application progress of April 11, 2012 The Announcement on the Application Progress of
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China Fangda Group Co., Ltd. 1st Quarterly Report 2013 (Full Text)
the Fangda Town Renewal Plan the Fangda Town Renewal Plan was published on
China Securities Journal, Shanghai Securities
Daily, Securities Times, HKCD (English) and
www.cninfo.com.cn.
3. Commitments of shareholders with over 5% of shares made in the report period or carried over
from previous terms
4. Forecast of business performance between January and June 2013
□ Applicable √ Inapplicable
5. The Company had no securities investment during report period.
6. The Company had no derivative investment during report period.
7. Reception of investigations, communications, or interviews in the reporting period
Main content involved and
Time/date Place Way Visitor Visitor
materials provided
Between January 1,
Off site Telephone Business and future
2013 and March 31, Individual Public investor
reception communication development
2013
China Fangda Group Co., Ltd.
Board of Directors
April 20, 2013
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