Guangdong Jadiete Holdings Group Company Limited First Quarter Report 2020 (Summary)
Stock Code: 200168 Stock Name: *ST JHG-B Announcement No. 2020-009
GUANGDONG JADIETE HOLDINGS GROUP COMPANY LIMITED
FIRST QUARTER REPORT 2020 (SUMMARY)
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Guangdong Jadiete Holdings Group Company Limited First Quarter Report 2020 (Summary)
Part I Important Notes
The Board of Directors (or the “Board”), the Supervisory Committee as well as the directors,
supervisors and senior management of Guangdong Jadiete Holdings Group Company
Limited (hereinafter referred to as the “Company”) hereby guarantee the factuality, accuracy
and completeness of the contents of this Report and its summary, and shall be jointly and
severally liable for any misrepresentations, misleading statements or material omissions
therein.
Other directors attended the board session in person for reviewing this report exclusive of the
following directors.
Reason for not attending the Proxy entrusted to attend the
Name Office title
meeting in person meeting
Chen Honghai Director Job-related reason Chen Dongwei
Chen Hongcheng, the Company’s legal representative, Chen Jincai, the Company’s Chief
Financial Officer (CFO), and Zeng Zhihua, head of the Company’s financial department
(equivalent to financial manager) hereby guarantee that the Financial Statements carried in
this Report are factual, accurate and complete.
This Report has been prepared in both Chinese and English. Should there be any
discrepancies or misunderstandings between the two versions, the Chinese version shall
prevail.
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Guangdong Jadiete Holdings Group Company Limited First Quarter Report 2020 (Summary)
Part II Key Corporate Information
I Key Financial Information
Indicate by tick mark whether there is any retrospectively restated datum in the table below.
□ Yes √ No
Q1 2020 Q1 2019 Change (%)
Operating revenue (RMB) 2,719,875.42 356,917.07 662.05%
Net profit attributable to the listed
3,810,690.98 -2,170,489.40 -275.57%
company’s shareholders (RMB)
Net profit attributable to the listed
company’s shareholders before exceptional -2,145,457.64 -2,254,549.76 -1,046.77%
items (RMB)
Net cash generated from/used in operating
16,157,939.67 -839,954.80 4.84%
activities (RMB)
Basic earnings per share (RMB/share) 0.0120 -0.0068 -276.47%
Diluted earnings per share (RMB/share) 0.0120 -0.0068 -276.47%
Weighted average return on equity (%) 1.23% -0.61% -301.64%
31 March 2020 31 December 2019 Change (%)
Total assets (RMB) 500,362,851.76 514,650,229.26 -2.78%
Equity attributable to the listed company’s
348,909,019.38 345,098,328.40 1.10%
shareholders (RMB)
Exceptional gains and losses:
√ Applicable □ Not applicable
Unit: RMB
Item Q1 2020 Note
Other gains and losses that meet definition of nonrecurring
1,039.30
gain/loss
Depreciation reserves returns of receivables with separate
8,822,884.58
depreciation test
Less: Income tax effects 2,205,980.97
Non-controlling interests effects (net of tax) 661,794.29
Total 5,956,148.62 --
Explanation of why the Company reclassifies as recurrent an exceptional gain/loss item defined or listed in the Explanatory
Announcement No. 1 on Information Disclosure for Companies Offering Their Securities to the Public—Exceptional Gain/Loss
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Guangdong Jadiete Holdings Group Company Limited First Quarter Report 2020 (Summary)
Items:
□ Applicable √ Not applicable
No such cases for the Reporting Period.
II Total Number of Shareholders and Holdings of Top 10 Shareholders at 31 March 2020
1. Numbers of Ordinary Shareholders and Preferred Shareholders with Resumed Voting Rights as well as
Holdings of Top 10 Shareholders
Unit: share
Number of preferred shareholders
Number of ordinary shareholders at
9,205 with resumed voting rights at the 0
the period-end
period-end (if any)
Top 10 shareholders
Name of Nature of Shareholding Private shares Shares in pledge or frozen
Total shares held
shareholder shareholder percentage held Status Shares
SHENZHEN Pledged 117,855,000
SHENGHENGC
Domestic
HANG HUIFU non-state-owned 36.99% 117,855,000 117,855,000
Frozen 117,855,000
legal person
INDUSTRIAL
CO., LTD.
SHENZHEN Pledged 34,020,000
RISHENG
CHUANGYUAN Domestic
non-state-owned 10.68% 34,020,000 34,020,000
ASSET Frozen 34,020,000
legal person
MANAGEMENT
CO., LTD.
GUOTAI
JUNAN
Foreign legal
SECURITIES(H 7.24% 23,050,955
person
ONGKONG)
LIMITED
SHENWAN
HONGYUAN 4.63% 14,739,516
SECURITIES
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Guangdong Jadiete Holdings Group Company Limited First Quarter Report 2020 (Summary)
(HK) LIMITED
SHENZHEN Pledged 12,150,000
LIANHUA
Domestic
HUIREN non-state-owned 3.81% 12,150,000 12,150,000
Frozen 12,150,000
legal person
INDUSTRIAL
CO., LTD.
ESSENCE
INTERNATION
Foreign legal
AL SECURITIES 2.31% 7,372,333
person
(HONG KONG)
LIMITED
Haitong
International
Securities Foreign legal
2.07% 6,587,383
Company person
Limited-Account
Client
TANG
1.49% 4,738,000
HAIMING
CHINA
EVERBRIGHT Foreign legal
1.33% 4,226,600
SECURITIES person
(HK) LIMITED
CHEN Domestic natural
0.58% 1,850,695
JIANXING person
Top 10 public shareholders
Shares by type
Name of shareholder Public shares held
Type Shares
GUOTAI JUNAN Domestically
SECURITIES(HONGKONG) 23,050,955 listed foreign 23,050,955
LIMITED stock
SHENWAN HONGYUAN Domestically
14,739,516 listed foreign 14,739,516
SECURITIES (HK) LIMITED stock
ESSENCE INTERNATIONAL Domestically
SECURITIES (HONG KONG) 7,372,333 listed foreign 7,372,333
LIMITED stock
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Guangdong Jadiete Holdings Group Company Limited First Quarter Report 2020 (Summary)
Domestically
Haitong International Securities
6,587,383 listed foreign 6,587,383
Company Limited-Account Client
stock
Domestically
TANG HAIMING 4,738,000 listed foreign 4,738,000
stock
Domestically
CHINA EVERBRIGHT
4,226,600 listed foreign 4,226,600
SECURITIES (HK) LIMITED
stock
Domestically
CHEN JIANXING 1,850,695 listed foreign 1,850,695
stock
Domestically
LIN ZHENMIN 1,152,849 listed foreign 1,152,849
stock
Domestically
CHEN JINMING 765,500 listed foreign 765,500
stock
Domestically
LIU YONGHE 722,440 listed foreign 722,440
stock
Related or acting-in-concert parties
Related or acting-in-concert parties are unknown.
among the shareholders above
Top 10 ordinary shareholders
involved in securities margin trading N/A
(if any)
Indicate by tick mark whether any of the top 10 ordinary shareholders or the top 10 unrestricted ordinary shareholders of the
Company conducted any promissory repo during the Reporting Period.
□ Yea √ No
No such cases in the Reporting Period.
2. Number of Preferred Shareholders and Shareholdings of Top 10 of Them
□ Applicable √ Not applicable
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Guangdong Jadiete Holdings Group Company Limited First Quarter Report 2020 (Summary)
Part III Significant Events
I Changes in Key Financial Statement Line Items and Explanation of why
√ Applicable □ Not applicable
Monetary assets decreased as at 31 March 2020 compared to 31 December 2019 primarily due to operation reasons; accounts
receivable decreased as at 31 March 2020 compared to 31 December 2019 primarily due to the collection of payments in the
Reporting Period; other payables decreased as at 31 March 2020 compared to 31 December 2019 primarily due to the payment for
equity acquisition; operating revenue and cost of sales in Q1 2020 increased compared to Q1 2019 primarily due to the increase in
sales revenue; and asset impairment loss in Q1 2020 changed considerably compared to Q1 2019 primarily due to the reversed
impairment allowances.
II Progress, Influence and Solutions with regard to Significant Events
√ Applicable □ Not applicable
Asia Pacific (Group) CPAs (Special General Partnership) issued a qualified opinion with emphasis on matter paragraph and internal
control audit report with adverse opinion on the Company’s financial statements of 2019. The Company made a specific explanation
on the items involved in the modified audit opinion and internal control adverse opinion. Please refer to the announcement of the
Company published on 28 April 2020 for details.
Summary of the significant event Disclosure date Index to the related announcement
Specific explanation on the items involved
in the qualified opinion with emphasis on 28 April 2020 Published on www.cninfo.com.cn
matter paragraph
Specific explanation on the items involved
in the internal control audit report with 28 April 2020 Published on www.cninfo.com.cn
adverse opinion
Progress of any share repurchase:
□ Applicable √ Not applicable
No share repurchase.
Progress of any reduction of the repurchased shares through centralized bidding:
□ Applicable √ Not applicable
III Commitments that the Company’s Actual Controller, Shareholders, Related Parties,
Acquirers, the Company Itself or Other Parties, Failed to Fulfill on Time during the
Reporting Period
□ Applicable √ Not applicable
No such cases in the Reporting Period.
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Guangdong Jadiete Holdings Group Company Limited First Quarter Report 2020 (Summary)
IV Securities Investments
□ Applicable √ Not applicable
No such cases in the Reporting Period.
V Wealth Management Entrustment
□ Applicable √ Not applicable
No such cases in the Reporting Period.
VI Investments in Derivative Financial Instruments
□ Applicable √ Not applicable
No such cases in the Reporting Period.
VII Communications with the Investment Community such as Researches, Inquiries and
Interviews during the Reporting Period
□ Applicable √ Not applicable
No such cases in the Reporting Period.
VIII Irregularities in the Provision of Guarantees
□ Applicable √ Not applicable
No such cases in the Reporting Period.
IX Occupation of the Company’s Capital by the Controlling Shareholder or Its Related
Parties for Non-Operating Purposes
□ Applicable √ Not applicable
No such cases in the Reporting Period.
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