承德大路股份有限公司 2012 年半年度报告摘要
Summary of Semi-annual Report 2012
I Important Notice
Board of Directors, Supervisory Committee, all directors, supervisors and senior executives of
Chengde Dalu Co., Ltd. (hereinafter referred to as the Company) hereby confirm that there are no
any fictitious statements, misleading statements, or important omissions carried in this report, and
shall take all responsibilities, individual and/or joint, for the reality, accuracy and completion of the
whole contents.
All directors are attending the Meeting for deliberation and approval for the semi-annual report.
Financial report of this semi-annual repot has not been audited by CPA.
Lin Lixin, person in charge of the Company, Zhao Yongsheng, person in charge of accounting
works and Liu Guofeng, person in charge of accounting institution (accounting officer) hereby
confirm the truthfulness and completeness of the Financial Report in the Semi-annual Report 2012.
II. Company Profile
(I) Company information
Short form for A-share
Code for A-share
Listing stock exchange Shenzhen Stock Exchange
Secretary of the Board Representative of security affairs
Name Lin Lixin
Xiabancheng Town, Chengde
Contact adds.
County, Hebei
Tel. 0314-3115048
Fax. 0314-3111475
E-mail llx5048@126.com
(II) Major accounting data and financial indexes
1. Major accounting data and financial indexes
Whether retroactive adjusted on previous financial report or not
□yes √ no
Increase/decrease in this
End of this period End of last period period-end over that of
last period-end (%)
Total assets(RMB) 222,919,812.62 219,022,670.81 1.78%
Owners’ equity attributable to
shareholders of the listed -39,587,020.07 -23,882,038.57 -65.76%
company(RMB)
Share capital(Share) 706,320,000.00 706,320,000.00
Net assets per share attributable to
shareholder of listed company -0.056 -0.034 -65.76%
(RMB/ Share)
1
承德大路股份有限公司 2012 年半年度报告摘要
Asset-liability ratio (%) 117.8% 110.01% 7.04%
Increase/decrease in this
Reporting period (Jan.
Same period of last year period-end over that of
to June)
last period-end (%)
Total business revenue(RMB) 481,640.00 21,250.00 2,166.54%
Business profit(RMB) -7,711,444.59 -5,254,012.57 -46.77%
Total profit(RMB) -17,630,458.39 -4,385,273.08 -302.04%
Net profit attributable to
shareholders of the listed company -15,704,981.50 -4,069,051.79 -285.96%
(RMB)
Net profit attributable to
shareholders of the listed company
-7,740,409.84 -4,937,791.28 -56.76%
after deducting non-recurring gains
and losses(RMB)
Basic earnings per share
-0.022 -0.006 -266.67%
(RMB/Share)
Diluted earnings per share
-0.022 -0.006 -266.67%
(RMB/Share)
Weighted average ROE (%)
Weighted average ROE after
deducting non-recurring gains/losses
(%)
Net cash flow arising from operating
2,360,386.21 -20,647,074.69 111.43%
activities(RMB)
Net cash flow per share arising from
0.003 -0.029 111.43%
operating activities (RMB/Share)
Explanation on accounting data and financial index at period-end (stating adjustment explanation if there has
retroactive adjustment)
2. Item with non-recurring gains/losses
√applicable □Non-applicable
The amount from the
beginning of the year to
Item with non-recurring gains/losses Note
the end of the reporting
period(RMB)
Gains and losses from disposal of non-current
-8,762,601.63
assets
Tax refund or exemption out of authorization, with
absence of official approval document or
accidentally
Governmental subsidy calculated into current gains
and losses(while closely related with the normal
business of the Company, excluding the
fixed-amount or fixed-proportion governmental
subsidy according to the unified national standard)
Fund occupation expenses received from
non-financial enterprises that reckon into current
gains/losses
2
承德大路股份有限公司 2012 年半年度报告摘要
Income occurred when investment cost paid by
enterprise for obtaining subsidiaries, associates and
joint ventures are lower than its share in fair
value of net realizable assets of invested units
Gains and losses from exchange of non-monetary
assets
Gains and losses from entrusted investment or
management assets
Various asset impairment reserve provided for force
majeure, such as natural disaster;
Gains/losses from debt reorganization
Reorganization expenses, such as expenditure for
allocation of employees and integration fee
Gains and losses from excess of transaction which
are conducted on a non-fair-valued basis over its
fair value
Current net gains and losses of subsidiaries
occurred from combination under the same control
commencing from period-begin to combination
date
Gains and losses from contingent events which has
no relation with normal business of the Company
Gains and losses from change of fair values of
held-for-transaction financial assets and financial
liabilities except for the effective hedge business
related to normal business of the Company, and
investment income from disposal of transactional
financial assets and liabilities and financial assets
available for sale
Reversal of impairment reserve for account
receivable with separate impairment testing
gains/ losses from external entrustment loans
Gains and losses arising from change of fair value
of investment properties whose follow-up
measurement are at fair value
Affect upon current gains/losses arising from the
one-off adjustment in subject to requirement of
laws and rules in relation to taxation and
accounting
Income from entrusted custody operation
Other non-operating income and expenditure
-1,156,412.17
except the abovementioned
Other item that satisfied the definition of
non-recurring gains and losses
Influenced amount of minority shareholders’ equity 1,954,442.14
Impact on income tax
Total -7,964,571.66 --
3. Difference of net profit and net assets disclosed in financial report based on IAS and CAS
3
承德大路股份有限公司 2012 年半年度报告摘要
□ Applicable √ Non-applicable
4. Difference of net profit and net assets disclosed in financial report based on foreign
accounting standards and CAS
□ Applicable √ Non-applicable
III. Changes in Share Capital and Particular about Shareholders
(I) Changes in share capital
□ Applicable √ Non-applicable
(II) Particulars about the shares held by the top ten shareholders and the ten top unrestricted
shareholders ∕ circulation shareholders
Particulars about the shares held by the top ten shareholders and the ten top circulation shareholders
Total amount of shareholders 21,189
Particulars about the shares held by the top ten shareholders
Proporti Amount of Shares pledged or frozen
Amount of
Shareholders (full Nature of on of the
shares held at
name) shareholders shares non-circulate Share status Amount
period-end
held (%) d shares held
Domestic natur
Wang Dong 29.49% 208,324,800 208,324,800
e person
GUOTAI JUNAN
Foreign legal
SECURITIES(HONGK 9.84% 69,536,410 0
person
ONG) LIMITED
Domestic
Shanghai Wanguo (H.K)
non-state owned 3.6% 25,418,517 0
Securities
legal person
Domestic
Chengde North
non-state owned 2.62% 18,517,651 18,517,651
Industrial Corporation
legal person
Domestic nature
Wang Zhengsong 1.89% 13,327,891 13,327,891
person
Domestic nature
Zhou Xiaomin 1.38% 9,778,106 0
person
Domestic nature
Yu Sanxi 1.24% 8,792,000 0
person
Domestic nature
Wang Wensheng 1.03% 7,258,007 0
person
CORE
PACIFIC-YAMAICHI Foreign legal
0.58% 4,101,958 0
INTERNATIONAL person
(H.K.) LIMITED
Liu Tingyu Domestic nature 0.5% 3,513,264 0
4
承德大路股份有限公司 2012 年半年度报告摘要
person
Particulars about the shares held by the top ten circulation shareholders
Amount of circulated Type/amount of shares
Shareholders
shares held Type Amount
GUOTAI JUNAN
69,536,410 B-share 69,536,410
SECURITIES(HONGKONG) LIMITED
Shanghai Wanguo (H.K) Securities 25,418,517 B-share 25,418,517
Zhou Xiaomin 9,778,106 B-share 9,778,106
Yu Sanxi 8,792,000 B-share 8,792,000
Wang Wensheng 7,258,007 B-share 7,258,007
CORE PACIFIC-YAMAICHI
4,101,958 B-share 4,101,958
INTERNATIONAL (H.K.) LIMITED
Liu Tingyu 3,513,264 B-share 3,513,264
Peng Wei 2,978,525 B-share 2,978,525
Zhao Ziying 2,853,616 B-share 2,853,616
Li Siquan 1,726,133 B-share 1,726,133
Explanation on associated relationship
among the top ten shareholders or (and) The Company is unknown whether there exists associated relationship
consistent action or belongs to consistent actor regulated by “management method for
acquisition of listed company” among the above said shareholders.
(III) Changes of controlling shareholders and actual controller
√applicable □Non-applicable
Name of new controlling
Wang Dong
shareholder
Date of new controlling
2012-04-06
shareholder changed
Disclosure dated for new
2012-04-07
controlling shareholder changed
Newspaper with new controlling
Securities Times, Hong Kong Commercial Daily
shareholder changed disclosed
Name of new actual controller Wang Dong
Date of new actual controller
2012-04-06
changed
Disclosure dated for new actual
2012-04-07
controller changed
Newspaper with new actual
Securities Times, Hong Kong Commercial Daily
controller changed disclosed
Ⅳ. Directors, Supervisors and Senior Executives
(I) Changes of shares held by directors, supervisors and senior executive
Amount of Amount of Amount of
Shares held Including:
shares shares Shares held stock option
at restricted Reasons for
Name Title increase in decreased in at period-end held at
period-begin( shares held changes
this this period (Share) period-end
Share) (Share)
period(Share) (Share) (Share
Lin Lixin Chairman
and Secretary
5
承德大路股份有限公司 2012 年半年度报告摘要
of the Board
Zhao Director, GM
Yongsheng and CFO
Cheng Ducai Director
Independent
Cao Guohua
director
Independent
Fan Rong
director
Chairman of
Xie Yu Supervisory
Committee
Wei Lei Supervisor
Hao Staff
5,900 0 0 5,900 4,425 0
Guangxin supervisor
Hu Wenxi Deputy GM
Shi Bainian Deputy GM
Assistant of
Wang Xiashu
GM
V. Report of the Board of Directors
(I) Statement of main business classified according to industries and products
Unit: RMB
Main business classified according to industries
Increase or Increase or Increase or
decrease of decrease of decrease of gross
According to Operating Gross profit ratio operating revenue operating cost profit ratio over
Operating cost
industries revenue (%) over the last same over the last same the last same
period of last year period of last year period of last year
(%) (%) (%)
- 0.00 0.00 0% 0% 0% 0%
Main business classified according to products
Increase or Increase or Increase or
decrease of decrease of decrease of gross
According to Operating Gross profit ratio operating revenue operating cost profit ratio over
Operating cost
products revenue (%) over the last same over the last same the last same
period of last year period of last year period of last year
(%) (%) (%)
- 0.00 0.00 0% 0% 0% 0%
Reasons for significant change of gross profit margin as compared to the same period of last year
(II) Main business classified according to areas
Unit: RMB
Increase/decrease in revenue from
Areas Operating revenue operations over the same period of
last year (%)
Domestic sales 0.00 0%
Foreign sales 0.00 0%
(III) Explanation on reasons of material changes in main operations and its structure
□Applicable √Non-applicable
(IV) Explanation on reasons of material changes in profitability (gross profit ratio) of main
operations compared with that of last year
□Applicable √Non-applicable
(V) Analysis on reasons of material changes in profit structure compared with the previous
year
□Applicable √Non-applicable
6
承德大路股份有限公司 2012 年半年度报告摘要
(VI) Application of the raised proceeds
1. Statement of application of the raised proceeds
□Applicable √Non-applicable
2. Statement of changes on projects invested by raised funds
□Applicable √Non-applicable
(VII) The modification of Board to the business plan for the second half of the year
□Applicable √Non-applicable
(VIII) Prediction of business performance from January – September 2012
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 √Non-applicable
(IX) Explanation on “Qualified Opinion” from the Certified Public Accountants in the report
period by the Board of Directors
□Applicable √Non-applicable
(X) Explanation of the Management on changes and disposal of the issues involved in
“Qualified Opinion” from the Certified Public Accountants in the last year by the Board of
Directors
√Applicable □Non-applicable
(I) Statement on audit report issued by CPA taking events-focused phase unqualified opinions
We remind users of the financial sheet of the following things:
1. As saying as annotation IV 1(1) ③, Chengde Xingye Paper Co., Ltd was founded by Dalu Co.,
Ltd and (Hong Kong) Zhanxi International Group Co., Ltd, with register capital USD 250 million.
Paid-up capital was USD 100 million, taking up 40% of register capital. Including, Dalu Co., Ltd
invested USD 75 million (75% of equity) and (Hong Kong) Zhanxi International Group Co., Ltd
invested USD 25 million (25% of equity). On Oct. 28 of 2002, Chinese external trade and economy
corporation department (the previous Commerce Department) ruled in the Reply to Increasing
Investment in Joint Chengde Xingye Paper Co., Ltd, WJMZEH [2001] No. 969. Register capital
increased from USD 100 million to USD 250 million. The new register capital should be paid off
within 3 years by both joint parties in accordance with methods issued in contract and Article of
Association. Dalu and Zhanxi International hadn't paid the new register capital yet.
According to verification from corporation registration department of Hong Kong government,
(Hong Kong) Zhanxi International Group Co., Ltd had declared dis-incorporate on May 20 of 2005.
On Apr. 23 of 2009, (2009) JXEZZ No. 44 of the Criminal Ruling Letter issued by superior
people’s court of Hebei Province ruled that Chengde Xingye Paper actually was a faked foreign
joint venture founded by previous shareholder of Dalu Co., Ltd Wang Shuxian in name of (Hong
Kong) Zhanxi International Group Co., Ltd.
2. As saying as Note V 6, Chengde Dahua Paper Co., Ltd is joint venture of Dalu Co., Ltd with
initial capital USD 5 million. After equity transfer and investment increase, its register capital
increased to JPY 6.364 billion. The increasing part wasn’t verified by China PAC. For Chengde
Dahua Paper didn’t submit 2007 annual documents about annual industrial and commercial check,
on Apr. 28 of 2009 Chengde Industrial and Commercial Administration Bureau cancelled its
operation certificate through administration penalty letter CGSCZ (2009) No. 75.
3. As saying as Note VII 3, Li Rui sued Dalu Co., Ltd and its subsidiary Chengde Rongyida Real
Estate Development Co., Ltd for tort, calling for economic compensation RMB 15 million. This
case was put into court for hearing on Apr. 20 of 2012, unanswered yet till Apr. 22 of 2012.
4. Till Dec. 31 of 2011, owners’ equity attributable to parent company of Dalu Co., Ltd was RMB
-23,882,038.57. The Company didn’t gain main business income and its lasting operating ability
was unsure.
7
承德大路股份有限公司 2012 年半年度报告摘要
This paragraph content won’t affect audit opinion which had been disclosed.
(II) Aiming at emphasized events in audit opinion, the Board of Directors issued the following
statements:
The Board of Directors believed, there existed events focused on phase of unqualified opinion
issued by Growe Horwath CPA (extraordinary general partner). Those were all historically left
problem which won't create actual impact on operation of the Company. The Company
concentrated hard on events stressed in audit report and is coordinating with related department
about solution plan.
As for the above lawsuits, the Company positively responded and disclosed the progress. On Jun.
29 of 2012, coordinating with Chengde Dixian Work Team, wholly owned subsidiary Chengde
Rongyida Real Estate Development had reconciled with Li Rui.
After restructure, main business production and operation of the Company couldn't be restored thus
solving problems fundamentally. The Company rapidly promoted real estate projects and carried
out main business projects. We believed that along with gradual stepping into normal track, the
above concerning events could be solved one by one.
VI. Significant Event
(I) Assets acquisition, sales of assets and assets reorganization
1. Assets purchased or acquired
□Applicable √Non-applicable
Explanation on assets acquisition
2. Assets sold
□Applicable √Non-applicable
Explanation on assets sold
3. Progress of the events and their influence on the Company’s operating results and financial
status in the report period after the Report on Assets Restructure or Public Notice on
Acquisition and Sales of Assets being published
□Applicable √Non-applicable
(II) Guarantees
□Applicable √Non-applicable
(III) Non-operating current related credits and liabilities
Whether have non-operating current related credits and liabilities or not
□Yes □No
(IV) Material lawsuits and arbitrations
√Applicable □Non-applicable
1. On 17 April 2011, Chengde Medium People’s Court accepted creditor’s right dispute appealed by
Wang Shuxian over Chengde Dalu Co., Ltd. The Company received Responding Notice Letter and
Civil Lawsuit from Hebei Chengde Medium People’s Court. Prosecution asked the court to judge
the respondent to pay back RMB 84，371，544.00 and litigation fee. Details could be seen from
Significant Lawsuit Report disclosed on Securities Times, Hong Kong Commercial Daily and
Juchao website http://www.cninfo.com.cn. Till reporting period-end, this case hadn’t been settled.
2. On Dec. 22 of 2012, to protect interest of the Company, the Company counterclaimed to Beijing
Xicheng Area over that respondent Xu Xue intentionally fabricated information and spread fictional
information and whistle-bowling to media which severally hurt reputation of the Company. The
Company received ruling letter from the court in Mar. of 2012 with (2012) XMCZ No. 1093,
rejecting lawsuit of Chengde Dalu Co., Ltd. The Company thought respondent intentionally
concealed facts which had been answered thus impacted the court to make a fair justice. Thus we
appealed to Beijing 1st Medium Peoples’ Court. In June of 2012, the Company received ruling letter
8
承德大路股份有限公司 2012 年半年度报告摘要
from the court with (2012) YZMZZ No. 6804, which cancelled judgment of Beijing Xicheng Area
People’s Court and called them to hear this case. Till reporting period-end, this case has been in
process.
3. On Dec. 5 of 2012, Chengde Medium People’s Court accepted lawsuit from Li Rui to wholly
subsidiary Chengde Rongyida Real Estate Development and Chengde Dalu Co., Ltd over tort
dispute. The Company received Responding Notice Letter and Civil Lawsuit from the court which
showed prosecution asked the court to judge the respondent to pay back RMB 15,000,000 and
litigation fee as well as appraisal cost. Rongyida counterclaimed it, requiring the court to reject
requirements of Li Rui. We called the counterclaimed should pay deposit RMB 500,000 and penal
sum in accordance with contract, compensate economic loss RMB 18,000,000, immediately stop
excreting equipment and assume the litigation cost. In court hearing on Apr. 20 of 2012, Li Rui
increased the lawsuit requirement to RMB 21,474,200 while Rongyida increased it to RMB
30,000,000. On June 29, 2012, with coordination of Chengde Dixian Work Team, Rongyida
reconciled with Li Rui. Details could be seen from related reports disclosed on Securities Times,
Hong Kong Commercial Daily and Juchao website http://www.cninfo.com.cn.
(V) Other significant events and analysis of their influences and solution plan
√Applicable □Non-applicable
1. The Company issued the Notice of Plan about Restructure and De-list of Major Assets on July 26
of 2012 (Notice No. 2012-048). We're planning restructure and de-list of major assets thus stock had
been delisted on July 26 of 2012. On August 1, 8, 15 of 2012 we respectively issued Notice to
Progress of Restructure and De-list of Major Assets (Notice No. 2012-050, 2012-052, 2012-055).
On August 22, the Company issued Notice to Progress of Restructure of Major Assets and
Postponing Re-listing (Notice No. 2012-0). The Company would disclose progress timely according
to actual situation.
1. Security investment
□Applicable √Non-applicable
Explanation on security investment
2. Equity of other listed company held by the Company
□Applicable √Non-applicable
Explanation on equity of other listed company held by the Company
3. Fund occupation and progress of paying off
□Applicable √Non-applicable
Till end of reporting period, accountability plan proposed by the Board for completed no
non-operational fund occupation from listed company
□Applicable √Non-applicable
4. Implementation of commitments
Commitments made by the Company and its directors, supervisors, senior executives,
shareholders holding above 5% shares of the Company and actual controller in reporting
period or extending to reporting period
□Applicable √Non-applicable
5. Profit distribution of Board of Directors this time or preplan of capital reserve capitalizing
□Applicable √Non-applicable
6. Items of other consolidated income
Unit: RMB
Amount occurred in the Amount occurred in
Items
report period last period
1. Gains(losses) from financial assets available for sales
Less: Income tax influences from financial assets available
for sales
9
承德大路股份有限公司 2012 年半年度报告摘要
Net amount reckoned into other consolidated income in
previous period but transferred into gains/losses in current
period
Subtotal
2. Shares in the other consolidated income of the investee
calculated based on equity method
Less: Income tax influences of shares in the other
consolidated income of the investee calculated based on
equity method
Net amount reckoned into other consolidated income in
previous period but transferred into gains/losses in current
period
Subtotal
3. Gains(losses) from cash flow hedge instrument
Less: Income tax influences from cash flow hedge
Net amount reckoned into other consolidated income in
previous period but transferred into gains/losses in current
period
Adjusted amount transferred to initial confirmed amount of
the arbitraged items
Subtotal
4. Differences from translating foreign currency financial
statements
Less: Net amount of disposing overseas business transferred
to current gains/losses
Subtotal
5. Others
Less: Net amount of disposing overseas business transferred
to current gains/losses
Subtotal
5. Others
Less: Net amount of disposing overseas business transferred
to current gains/losses
(VI)Registration form of receiving research, communication and interview in the report
period
Content discussed and
Date Place Way Type Object
documents provided
Security department Telephone Government subsidy, no
2012-01-09 Individual Investor
of the Company communication files provided
Share reduction
Security department Telephone
2012-01-23 Individual Investor information, no files
of the Company communication
provided
Current situation of the
Security department Telephone
2012-02-16 Individual Investor Company, no files
of the Company communication
provided
Suspension event and
Security department Telephone
2012-03-30 Individual Investor lawsuit progress, no files
of the Company communication
provided
Security department Telephone Equity transfer and no
2012-04-09 Individual Investor
of the Company communication files provided
Security department Telephone Session transition of the
2012-04-12 Individual Investor
of the Company communication Board, no files provided
Security department Telephone Resume production and
2012-05-16 Individual Investor
of the Company communication no files provided
10
承德大路股份有限公司 2012 年半年度报告摘要
Current situation of the
Security department Telephone
2012-06-29 Individual Investor Company, no files
of the Company communication
provided
VII. Financial Report
(I) Auditing opinion
Audited the semi-annual report or not
□ Yes √No
(II) Financial statement
Whether consolidated statement or not:
√Yes □No
1. Consolidated Balance Sheet
Prepared by Chengde Dalu Co., Ltd
Unit: RMB
Items Note Balance at period-end Balance at period-begin
Current assets:
Monetary funds 1,571,028.20 5,517,692.29
Settlement provisions 0.00 0.00
Capital lent 0.00 0.00
Transaction finance asset 0.00 0.00
Notes receivable 0.00 0.00
Accounts receivable 0.00 0.00
Accounts paid in advance 20,488,196.25 21,059,096.25
Insurance receivable 0.00 0.00
Reinsurance receivables 0.00 0.00
Contract reserve of
0.00 0.00
reinsurance receivable
Interest receivable 0.00 0.00
Dividend receivable 0.00 0.00
Other receivables 34,940,783.67 33,632,142.25
Purchase restituted
0.00 0.00
finance asset
Inventories 56,505,152.59 39,698,800.27
Non-current asset due
0.00 0.00
within one year
Other current assets 1,093,527.39 1,093,527.39
Total current assets 114,598,688.10 101,001,258.45
Non-current assets:
Granted loans and
0.00 0.00
advances
Finance asset available
0.00 0.00
for sales
Held-to-maturity
0.00 0.00
investment
Long-term account
0.00 0.00
receivable
11
承德大路股份有限公司 2012 年半年度报告摘要
Long-term equity
2,215,729.65 2,215,729.65
investment
Investment real estate 0.00 0.00
Fixed assets 50,038,133.41 60,092,006.51
Construction in progress 6,721,818.00 6,721,818.00
Engineering material 0.00 0.00
Disposal of fixed asset 0.00 0.00
Productive biological
asset
Oil and gas asset 0.00 0.00
Intangible assets 23,891,528.51 24,202,279.25
Expense on Research and
0.00 0.00
Development
Goodwill 0.00 0.00
Long-term expenses to be
320,976.00 356,640.00
apportioned
Deferred income tax asset 0.00 0.00
Other non-current asset 25,132,938.95 24,432,938.95
Total non-current asset 108,321,124.52 118,021,412.36
Total assets 222,919,812.62 219,022,670.81
Current liabilities:
Short-term loans 422,261.91 422,261.91
Loan from central bank 0.00 0.00
Absorbing deposit and
0.00 0.00
interbank deposit
Capital borrowed 0.00 0.00
Transaction financial
0.00 0.00
liabilities
Notes payable 0.00 0.00
Accounts payable 1,225,343.22 231,175.82
Accounts received in
54,821,272.50 30,028,613.02
advance
Selling financial asset of
0.00 0.00
repurchase
Commission charge and
0.00 0.00
commission payable
Wage payable 6,176,635.66 6,707,882.20
Taxes payable 68,963,013.99 69,588,226.39
Interest payable 0.00 0.00
Dividend payable 0.00 0.00
Other accounts payable 113,498,698.64 116,572,501.13
Reinsurance payables 0.00 0.00
Insurance contract reserve 0.00 0.00
Security trading of agency 0.00 0.00
12
承德大路股份有限公司 2012 年半年度报告摘要
Security sales of agency 0.00 0.00
Non-current liabilities due
0.00 0.00
within 1 year
Other current liabilities 0.00 0.00
Total current liabilities 245,107,225.92 223,550,660.47
Non-current liabilities:
Long-term loans 6,801,600.00 6,801,600.00
Bonds payable 0.00 0.00
Long-term account
0.00 0.00
payable
Special accounts payable 10,598,000.03 10,598,000.03
Projected liabilities 0.00 0.00
Deferred income tax
0.00 0.00
liabilities
Other non-current
0.00 0.00
liabilities
Total non-current liabilities 17,399,600.03 17,399,600.03
Total liabilities 262,506,825.95 240,950,260.50
Owner’s equity (or
shareholders’ equity):
Paid-up capital (or share
706,320,000.00 706,320,000.00
capital)
Capital public reserve 450,765,443.10 450,765,443.10
Less: Inventory shares 0.00 0.00
Reasonable reserve 0.00 0.00
Surplus public reserve 76,791,550.17 76,791,550.17
Provision of general risk 0.00 0.00
Retained profit -1,273,464,013.34 -1,257,759,031.84
Balance difference of
0.00 0.00
foreign currency translation
Total owner’s equity
-39,587,020.07 -23,882,038.57
attributable to parent company
Minority interests 6.74 1,954,448.88
Total owner’s equity(or
-39,587,013.33 -21,927,589.69
shareholders’ equity)
Total liabilities and owner’s
222,919,812.62 219,022,670.81
equity(or shareholders’ equity)
2. Balance Sheet of parent company
Unit: RMB
Items Note Balance at period-end Balance at period-begin
Current assets:
Monetary funds 4,019.80 4,019.80
Transaction finance asset 0.00 0.00
Notes receivable 0.00 0.00
13
承德大路股份有限公司 2012 年半年度报告摘要
Accounts receivable 0.00 0.00
Accounts paid in advance 20,084,632.25 20,084,632.25
Interest receivable 0.00 0.00
Dividend receivable 0.00 0.00
Other receivables 564,846.74 350,389.52
Inventories 0.00 0.00
Non-current asset due
0.00 0.00
within one year
Other current assets 0.00 0.00
Total current assets 20,653,498.79 20,439,041.57
Non-current assets:
Finance asset available for
0.00 0.00
sales
Held-to-maturity
0.00 0.00
investment
Long-term account
0.00 0.00
receivable
Long-term equity
58,925,880.26 58,925,880.26
investment
Investment real estate 0.00 0.00
Fixed assets 0.00 0.00
Construction in progress 0.00 0.00
Engineering material 0.00 0.00
Disposal of fixed asset 0.00 0.00
Productive biological
0.00 0.00
asset
Oil and gas asset 0.00 0.00
Intangible assets 0.00 0.00
Expense on Research and
0.00 0.00
Development
Goodwill 0.00 0.00
Long-term expenses to be
0.00 0.00
apportioned
Deferred income tax asset 0.00 0.00
Other non-current asset 0.00 0.00
Total non-current asset 58,925,880.26 58,925,880.26
Total assets 79,579,379.05 79,364,921.83
Current liabilities:
Short-term loans 422,261.91 422,261.91
Transaction financial
0.00 0.00
liabilities
Notes payable 0.00 0.00
Accounts payable 218,802.27 218,802.27
Accounts received in 0.00 0.00
14
承德大路股份有限公司 2012 年半年度报告摘要
advance
Wage payable 38,587.58 489,639.20
Taxes payable -44,092.73 169,855.54
Interest payable 0.00 0.00
Dividend payable 0.00 0.00
Other accounts payable 103,332,356.54 101,813,353.28
Non-current liabilities due
0.00 0.00
within 1 year
Other current liabilities 0.00 0.00
Total current liabilities 103,967,915.57 103,113,912.20
Non-current liabilities:
Long-term loans 0.00 0.00
Bonds payable 0.00 0.00
Long-term account
0.00 0.00
payable
Special accounts payable 98,000.03 98,000.03
Projected liabilities 0.00 0.00
Deferred income tax
0.00 0.00
liabilities
Other non-current
0.00 0.00
liabilities
Total non-current liabilities 98,000.03 98,000.03
Total liabilities 104,065,915.60 103,211,912.23
Owner’s equity (or
shareholders’ equity):
Paid-up capital (or share
706,320,000.00 706,320,000.00
capital)
Capital public reserve 449,365,886.69 449,365,886.69
Less: Inventory shares 0.00 0.00
Reasonable reserve 0.00 0.00
Surplus public reserve 76,791,550.17 76,791,550.17
Retained profit -1,256,963,973.41 -1,256,324,427.26
Balance difference of
0.00 0.00
foreign currency translation
Total owner’s equity(or
-24,486,536.55 -23,846,990.40
shareholders’ equity)
Total liabilities and owner’s
79,579,379.05 79,364,921.83
equity(or shareholders’ equity)
3. Consolidated Profit Statement
Unit: RMB
Items Note Amount in this period Amount in last period
I. Total operating income 481,640.00 21,250.00
Including: Operating
income
15
承德大路股份有限公司 2012 年半年度报告摘要
Interest income
Insurance gained
Commission charge
and commission income
II. Total operating cost 8,193,084.59 5,275,262.57
Including: Operating cost 0.00 0.00
Interest expense
Commission
charge and commission
expense
Cash surrender
value
Net amount of
expense of compensation
Net amount of
withdrawal of insurance
contract reserve
Bonus expense of
guarantee slip
Reinsurance
expense
Operating tax and
49,187.20 10,295.16
extras
Sales expenses
Administration
6,493,740.82 5,260,118.42
expenses
Financial expenses 1,650,156.57 4,848.99
Losses of
0.00 0.00
devaluation of asset
Add: Changing income of
fair value(Loss is listed with 0.00 0.00
“-”)
Investment
0.00 0.00
income (Loss is listed with “-”)
Including:
Investment income on
0.00 0.00
affiliated company and joint
venture
Exchange income
(Loss is listed with “-”)
III. Operating profit (Loss is
-7,711,444.59 -5,254,012.57
listed with “-”)
Add: Non-operating
0.00 1,021,011.00
income
Less: Non-operating
9,919,013.80 152,271.51
expense
Including: 8,762,601.63 0.00
Disposal loss of non-current
16
承德大路股份有限公司 2012 年半年度报告摘要
asset
IV. Total Profit (Loss is listed
-17,630,458.39 -4,385,273.08
with “-”)
Less: Income tax expense 28,965.25 3,500.64
V. Net profit (Net loss is listed
-17,659,423.64 -4,388,773.72
with “-”)
Including: net profit
realized before consolidation 0.00 0.00
by mergered party
Net profit attributable to
-15,704,981.50 -4,069,051.79
owner’s of parent company
Minority shareholders’
-1,954,442.14 -319,721.93
gains and losses
VI. Earnings per share -- --
i. Basic earnings per share -0.022 -0.006
ii. Diluted earnings per
-0.022 -0.006
share
VII. Other consolidated
0.00 0.00
income
VIII. Total comprehensive
-17,659,423.64 -4,388,773.72
income
Total consolidated income
attributable to owners of parent -15,704,981.50 -4,069,051.79
company
Total consolidated income
attributable to minority -1,954,442.14 -319,721.93
shareholders
The merger realized net profit RMB 0.00 before consolidation during enterprises consolidation under a same
control.
4. Profit Statement of parent company
Unit: RMB
Items Note Amount in this period Amount in last period
I. Operating income
Less: operating cost 0.00 0.00
Operating tax and
extras
Sales expenses
Administration
639,530.65 171,257.42
expenses
Financial expenses 15.50 15.50
Losses of
0.00 0.00
devaluation of asset
Add: Changing income of
fair value(Loss is listed with 0.00 0.00
“-”)
Investment income
0.00 0.00
(Loss is listed with “-”)
Including: Investment 0.00 0.00
17
承德大路股份有限公司 2012 年半年度报告摘要
income on affiliated company
and joint venture
II. Operating profit (Loss is
-639,546.15 -171,272.92
listed with “-”)
Add: Non-operating income 0.00 0.00
Less: Non-operating expense 0.00 2,271.51
Including: Disposal
loss of non-current asset
III. Total Profit (Loss is listed
-639,546.15 -173,544.43
with “-”)
Less: Income tax expense
IV. Net profit (Net loss is listed
-639,546.15 -173,544.43
with “-”)
V. Earnings per share -- --
i. Basic earnings per share -0.0009 -0.0002
ii. Diluted earnings per
-0.0009 -0.0002
share
VI. Other consolidated income 0.00 0.00
VII. Total comprehensive
-639,546.15 -173,544.43
income
5. Consolidated Cash Flow Statement
Unit: RMB
Items Amount in this period Amount in last period
I. Cash flows arising from
operating activities:
Cash received from selling
commodities and providing labor 25,081,497.08
services
Net increase of customer
deposit and interbank deposit
Net increase of loan from
central bank
Net increase of capital
borrowed from other financial
institution
Cash received from original
insurance contract fee
Net cash received from
reinsurance business
Net increase of insured
savings and investment
Net increase of disposal of
transaction financial asset
Cash received from interest,
commission charge and
commission
Net increase of capital
18
承德大路股份有限公司 2012 年半年度报告摘要
borrowed
Net increase of returned
business capital
Write-back of tax received
Other cash received
2,131,881.19 2,292,951.24
concerning operating activities
Subtotal of cash inflow arising
27,213,378.27 2,292,951.24
from operating activities
Cash paid for purchasing
commodities and receiving labor 14,998,621.22 1,751,364.70
service
Net increase of customer
loans and advances
Net increase of deposits in
central bank and interbank
Cash paid for original
insurance contract compensation
Cash paid for interest,
commission charge and
commission
Cash paid for bonus of
guarantee slip
Cash paid to/for staff and
1,270,834.36 280,550.00
workers
Taxes paid 3,245,986.75 3,465,899.30
Other cash paid concerning
5,337,549.73 17,442,211.93
operating activities
Subtotal of cash outflow arising
24,852,992.06 22,940,025.93
from operating activities
Net cash flows arising from
2,360,386.21 -20,647,074.69
operating activities
II. Cash flows arising from
investing activities:
Cash received from
recovering investment
Cash received from investment
income
Net cash received from
disposal of fixed, intangible and 967,298.00
other long-term assets
Net cash received from
disposal of subsidiaries and other 0.00 0.00
units
Other cash received concerning
0.00 0.00
investing activities
Subtotal of cash inflow from
0.00 967,298.00
investing activities
19
承德大路股份有限公司 2012 年半年度报告摘要
Cash paid for purchasing
fixed, intangible and other 102,569.50
long-term assets
Cash paid for investment
Net increase of mortgaged
loans
Net cash received from
0.00 0.00
subsidiaries and other units
Other cash paid concerning
700,000.00 0.00
investing activities
Subtotal of cash outflow from
802,569.50 0.00
investing activities
Net cash flows arising from
-802,569.50 967,298.00
investing activities
III. Cash flows arising from
financing activities
Cash received from absorbing
investment
Including: Cash received
from absorbing minority
shareholders’ investment by
subsidiaries
Cash received from loans 13,000,000.00
Cash received from issuing
bonds
Other cash received
0.00 0.00
concerning financing activities
Subtotal of cash inflow from
0.00 13,000,000.00
financing activities
Cash paid for settling debts 2,283,616.44
Cash paid for dividend and
profit distributing or interest 2,414,480.80
paying
Including: Dividend and profit
of minority shareholder paid by
subsidiaries
Other cash paid concerning
3,090,000.00 0.00
financing activities
Subtotal of cash outflow from
5,504,480.80 2,283,616.44
financing activities
Net cash flows arising from
-5,504,480.80 10,716,383.56
financing activities
IV. Influence on cash and cash
equivalents due to fluctuation in
exchange rate
V. Net increase of cash and cash
-3,946,664.09 -8,963,393.13
equivalents
Add: Balance of cash and 5,517,692.29 9,723,008.25
cash equivalents at the period
20
承德大路股份有限公司 2012 年半年度报告摘要
-begin
VI. Balance of cash and cash
1,571,028.20 759,615.12
equivalents at the period -end
6. Cash Flow Statement of parent company
Unit: RMB
Item Amount in this period Amount in last period
I. Cash flows arising from operating activities:
Cash received from selling commodities and
providing labor services
Write-back of tax received
Other cash received concerning operating
283,269.76 337,509.50
activities
Subtotal of cash inflow arising from operating
283,269.76 337,509.50
activities
Cash paid for purchasing commodities and
receiving labor service
Cash paid to/for staff and workers 17,900.00 93,600.00
Taxes paid 50.00
Other cash paid concerning operating
265,319.76 247,722.30
activities
Subtotal of cash outflow arising from operating
283,269.76 341,322.30
activities
Net cash flows arising from operating activities 0.00 -3,812.80
II. Cash flows arising from investing activities:
Cash received from recovering investment
Cash received from investment income
Net cash received from disposal of fixed,
intangible and other long-term assets
Net cash received from disposal of
subsidiaries and other units
Other cash received concerning investing
0.00 0.00
activities
Subtotal of cash inflow from investing activities 0.00 0.00
Cash paid for purchasing fixed, intangible
and other long-term assets
Cash paid for investment
Net cash received from subsidiaries and other
units
Other cash paid concerning investing
0.00 0.00
activities
Subtotal of cash outflow from investing
0.00 0.00
activities
Net cash flows arising from investing activities 0.00 0.00
III. Cash flows arising from financing activities
Cash received from absorbing investment
21
承德大路股份有限公司 2012 年半年度报告摘要
Cash received from loans
Cash received from issuing bonds
Other cash received concerning financing
0.00 0.00
activities
Subtotal of cash inflow from financing activities 0.00 0.00
Cash paid for settling debts
Cash paid for dividend and profit
distributing or interest paying
Other cash paid concerning financing
0.00 0.00
activities
Subtotal of cash outflow from financing
0.00 0.00
activities
Net cash flows arising from financing activities 0.00 0.00
IV. Influence on cash and cash equivalents due
to fluctuation in exchange rate
V. Net increase of cash and cash equivalents 0.00 -3,812.80
Add: Balance of cash and cash equivalents at
4,019.80 37,197.70
the period -begin
VI. Balance of cash and cash equivalents at the
4,019.80 33,384.90
period -end
7. Consolidated Statement on Changes of Owners' Equity
Amount in this period
Unit: RMB
Amount in this period
Owners' equity attributable to the parent company
Items Paid-up General Total
Less: Reasona Minority’s
capital Capital Surplus risk Retaine owners’
Treasur ble Others equity
(Share reserves reserves provisio d profit equity
y Stock reserve
capital) n
-1,257,7
I. Balance at the end of last 706,320 450,765, 76,791, 1,954,448 -21,927,58
59,031.8
year ,000.00 443.10 550.17 .88 9.69
4
Add: Changes of accounting
policy
Error correction of
the last period
Others
-1,257,7
II. Balance at the beginning of 706,320 450,765, 76,791, 1,954,448 -21,927,58
59,031.8
this year ,000.00 443.10 550.17 .88 9.69
4
III. Increase/ Decrease in this
year (Decrease is listed
with'"-")
-15,704, -1,954,44 -17,659,42
(i) Net profit
981.50 2.14 3.64
(ii) Other consolidated income
-15,704, -1,954,44 -17,659,42
Subtotal of (i)and (ii)
981.50 2.14 3.64
(III) Owners' devoted and
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
decreased capital
22
承德大路股份有限公司 2012 年半年度报告摘要
1. Owners' devoted capital
2. Amount calculated into
owners' equity paid in shares
3. Others
(IV)Profit distribution 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
1．Withdrawal of surplus
0.00
reserves
2．Withdrawal of general risk
0.00
provisions
3．Distribution for owners
(shareholders)
4. Others
(V) Carrying forward internal
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
owners' equity
1．Capital reserves conversed to
capital (share capital)
2．Surplus reserves conversed
to capital (share capital)
3．Remedying loss with
surplus reserve
4. Others
(VI) Reasonable reserve 0.00
1．Withdrawal in this period
2．Usage in this period
(VII) Other
-1,273,4
IV. Balance at the end of the 706,320 450,765, 76,791, -39,587,01
64,013.3 6.74
report period ,000.00 443.10 550.17 3.33
4
Amount in last period
Unit: RMB
Amount in last period
Owners' equity attributable to the parent company
Paid-up General Total
Items Less: Reasona Minority’s
capital Capital Surplus risk Retaine owners’
Treasur ble Others equity
(Share reserves reserves provisio d profit equity
y Stock reserve
capital) n
-1,261,4
I. Balance at the end of last 706,320, 450,765, 76,791, 2,869,338 -24,655,90
02,234.3
year 000.00 443.10 550.17 .07 2.96
0
Add: retroactive
adjustment arising from
enterprise consolidation under
the same control
Add: Changes of
accounting policy
Error correction of
the last period
Others
-1,261,4
II. Balance at the beginning of 706,320, 450,765, 76,791, 2,869,338 -24,655,90
02,234.3
this year 000.00 443.10 550.17 .07 2.96
0
III. Increase/ Decrease in this 3,643,20 -914,889. 2,728,313.
year (Decrease is listed 2.46 19 27
23
承德大路股份有限公司 2012 年半年度报告摘要
with'"-")
3,643,20 -914,889. 2,728,313.
(i) Net profit
2.46 19 27
(ii) Other consolidated income
3,643,20 -914,889. 2,728,313.
Subtotal of (i)and (ii)
2.46 19 27
(III) Owners' devoted and
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
decreased capital
1. Owners' devoted capital
2. Amount calculated into
owners' equity paid in shares
3. Others
(IV)Profit distribution 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
1．Withdrawal of surplus
0.00
reserves
2．Withdrawal of general risk
0.00
provisions
3．Distribution for owners
(shareholders)
4. Others
(V) Carrying forward internal
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
owners' equity
1．Capital reserves conversed
to capital (share capital)
2．Surplus reserves conversed
to capital (share capital)
3．Remedying loss with
surplus reserve
4．Others
(VI) Reasonable reserve
1．Withdrawal in this period
2．Usage in this period
(VII) Other
-1,257,7
IV. Balance at the end of the 706,320, 450,765, 76,791, 1,954,448 -21,927,58
59,031.8
report period 000.00 443.10 550.17 .88 9.69
4
8. Statement on Changes of Owners' Equity of Parent Company
Amount in this period
Unit: RMB
Amount in this period
Paid-up
Item Less: General Total
capital Capital Reasonable Surplus Retained
Treasury risk owners’
(Share reserves reserve reserves profit
Stock reserve equity
capital)
706,320,00 449,365,88 76,791,550 -1,256,324, -23,846,99
I. Balance at the end of last year
0.00 6.69 .17 427.26 0.40
Add: Changes of accounting
policy
Error correction of the
last period
Others
24
承德大路股份有限公司 2012 年半年度报告摘要
II. Balance at the beginning of 706,320,00 449,365,88 76,791,550 -1,256,324, -23,846,99
this year 0.00 6.69 .17 427.26 0.40
III. Increase/ Decrease in this
year (Decrease is listed with'"-")
-639,546.1 -639,546.1
(i) Net profit
5 5
(ii) Other consolidated income
-639,546.1 -639,546.1
Subtotal of (i)and (ii)
5 5
(III) Owners' devoted and
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
decreased capital
1. Owners' devoted capital
2. Amount calculated into
owners' equity paid in shares
3. Others
(IV) Profit distribution 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
1．Withdrawal of surplus reserves
2. Withdrawal of general risk
reserve
3. Distribution for owners
(shareholders)
4. Others
(V) Carrying forward internal
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
owners' equity
1. Capital reserves conversed to
capital (share capital)
2. Surplus reserves conversed to
capital (share capital)
3. Remedying loss with surplus
reserves
4. Others
(VI) Reasonable reserve 0.00
1. Withdrawal in this period
2. Usage in this period
(VII) Other
IV. Balance at the end of the 706,320,00 449,365,88 76,791,550 -1,256,963, -24,486,53
report period 0.00 6.69 .17 973.41 6.55
Amount in last year
Unit: RMB
Amount in last year
Paid-up
Less: General Total
Item capital Capital Reasonabl Surplus Retained
Treasury risk owners’
(Share reserves e reserve reserves profit
Stock reserve equity
capital)
706,320,00 449,365,88 76,791,550 -1,271,759, -39,281,78
I. Balance at the end of last year
0.00 6.69 .17 225.93 9.07
Add: Changes of accounting
policy
Error correction of the
last period
Others
II. Balance at the beginning of 706,320,00 449,365,88 76,791,550 -1,271,759, -39,281,78
this year 0.00 6.69 .17 225.93 9.07
25
承德大路股份有限公司 2012 年半年度报告摘要
III. Increase/ Decrease in this
year (Decrease is listed with'"-")
15,434,798 15,434,798
(i) Net profit
.67 .67
(ii) Other consolidated income
15,434,798 15,434,798
Subtotal of (i)and (ii)
.67 .67
(III) Owners' devoted and
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
decreased capital
1. Owners' devoted capital
2. Amount calculated into
owners' equity paid in shares
3. Others
(IV) Profit distribution 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
1. Withdrawal of surplus reserves
2. Withdrawal of general risk
reserve
3. Distribution for owners
(shareholders)
4. Others
(V) Carrying forward internal
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
owners' equity
1. Capital reserves conversed to
capital (share capital)
2. Surplus reserves conversed to
capital (share capital)
3. Remedying loss with surplus
reserves
4. Others
(VI) Reasonable reserve
1. Withdrawal in this period
2. Usage in this period
(VII) Other
IV. Balance at the end of the 706,320,00 449,365,88 76,791,550 -1,256,324, -23,846,99
report period 0.00 6.69 .17 427.26 0.40
(III) Notes to financial statement
1. Changes of main accounting policy and accounting estimation as well as accounting errors
modification and figures
(1) Changes of accounting policy
Is there any change on accounting policy in reporting period?
□ Yes √ No
(2) Changes of accounting estimation
Is there any change on main accounting estimation in reporting period?
□ Yes √ No
(3) Accounting errors modification
Is there has previous accounting errors modified in reporting period?
□ Yes √ No
26
承德大路股份有限公司 2012 年半年度报告摘要
2. Reasons of consolidation range changed in aspect of consolidation statement
3. If Non-standard Unqualified Opinion is supplied, list the related notes to the matters
involved.
27
