Nanjing Putian Telecommunications Co., Ltd. Text of First Quarterly Report 2014
Stock Code: 200468 Short Form of the Stock: NJ TEL B Notice No.: 2014-011
Nanjing Putian Telecommunications Co., Ltd.
Text of First Quarterly Report 2014
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Nanjing Putian Telecommunications Co., Ltd. Text of First Quarterly Report 2014
Section I. Important Notice
Board of Directors and the Supervisory Committee of Nanjing Putian Telecommunications
Co., Ltd. (hereinafter referred to as the Company) and its directors, supervisors and senior
executives should guarantee the reality, accuracy and completion of the quarterly report,
there are no any fictitious statements, misleading statements or important omissions carried
in this report, and shall take legal responsibilities, individual and/or joint.
All Directors attended the Board Meeting for Quarterly Report deliberation.
Xu Qian, Principal of the Company, Wang Hong, person in charge of accounting works and
Shi Lian, person in charge of accounting organ (accounting principal) hereby confirm that the
Financial Report of this Quarterly Report is authentic, accurate and complete.
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Nanjing Putian Telecommunications Co., Ltd. Text of First Quarterly Report 2014
Section II. Main financial data and changes of shareholders
I. Main accounting data and financial indexes
Whether it has retroactive adjustment or re-statement on previous accounting data for accounting policy changed and accounting
error correction or not
□ Yes √No
At the same period of last Changes of this period over
At the reporting period
year same period of last year (%)
Operating income (RMB) 592,796,160.80 575,895,279.05 2.93%
Net profit attributable to shareholders of
-15,013,598.95 -7,211,874.87 -108.18%
the listed company(RMB)
Net profit attributable to shareholders of
the listed company after deducting -15,224,247.16 -7,586,577.76 -100.67%
non-recurring gains and losses(RMB)
Net cash flow arising from operating
-89,935,264.98 -132,551,275.77 32.15%
activities(RMB)
Basic earnings per share (RMB/Share) -0.07 -0.034 -105.88%
Diluted earnings per share (RMB/Share) -0.07 -0.034 -105.88%
Weighted average ROE (%) -4% -1.93% -2.07%
Changes of this period-end
At the end of the reporting
At the end of last year over same period-end of last
period
year (%)
Total assets (RMB) 2,091,003,783.02 2,107,194,638.89 -0.77%
Net assets attributable to shareholder of
368,196,921.27 383,210,520.22 -3.92%
listed company (RMB)
Items of non-recurring gains and losses
√ Applicable □ Not applicable
In RMB
Amount from year-begin to
Item Note
period-end
Gains/losses from the disposal of non-current asset (including the
-17,052.10
write-off that accrued for impairment of assets)
Refunding and exemption of taxes in excess of authority or
8,300.00
without official approval documents or occurred adventitiously
Governmental subsidy reckoned into current gains/losses (not
including the subsidy enjoyed in quota or ration according to 5,276.00
national standards, which are closely relevant to enterprise’s
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Nanjing Putian Telecommunications Co., Ltd. Text of First Quarterly Report 2014
business)
Capital occupation fee collected from non-financial organizations
10,000.00
and accounted into current gain/loss
Other non-operating income and expenditure except for the
340,634.03
aforementioned items
Less: impact on income tax 66,042.80
Impact on minority shareholders’ equity (post-tax) 70,466.92
Total 210,648.21 --
Concerning the extraordinary profit (gain)/loss defined by Q&A Announcement No.1 on Information Disclosure for Companies
Offering Their Securities to the Public --- Extraordinary Profit/loss, and the items defined as recurring profit (gain)/loss according to
the lists of extraordinary profit (gain)/loss in Q&A Announcement No.1 on Information Disclosure for Companies Offering Their
Securities to the Public --- Extraordinary Profit/loss, explain reasons
□ Applicable √ Not applicable
II. Total number of shareholders at the end of this report period and top ten shareholders
In shares
Total number of shareholders
13,043
at the end of report period
Top ten shareholders
Amount of Number of share pledged/frozen
Shareholder’s Nature of Proportion of Amount of shares
restricted shares
name shareholder shares held (%) held State of share Amount
held
China Potevio
State-owned
Company 53.49% 115,000,000 115,000,000
corporation
Limited
GUOTAI
JUNAN
Foreign
SECURITIES(H 2.64% 5,682,231 0
corporation
ONGKONG)
LIMITED
Shanghai H.K. Foreign
2.18% 4,693,000 0
Wanguo Security corporation
Foreign nature
Sun Huiming 0.8% 1,718,610 0
person
Foreign nature
CHAN KEUNG 0.6% 1,289,600 0
person
Domestic nature
Gao Lingyun 0.47% 1,000,000 0
person
Domestic nature
Wang Feifei 0.27% 584,408 0
person
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Nanjing Putian Telecommunications Co., Ltd. Text of First Quarterly Report 2014
Domestic nature
Hu Jun 0.24% 519,050 0
person
Domestic nature
Shu Jianping 0.23% 500,500 0
person
Domestic nature
Duan Ruifen 0.17% 374,100 0
person
The top ten circulation shareholders shareholdings
Type of shares
Shareholder’s name Amount of listed circulation shares held
Type Amount
GUOTAI JUNAN Domestically
SECURITIES(HONGKONG) 5,682,231 listed foreign 5,682,231
LIMITED shares
Domestically
Shanghai H.K. Wanguo Security 4,693,000 listed foreign 4,693,000
shares
Domestically
Sun Huiming 1,718,610 listed foreign 1,718,610
shares
Domestically
CHAN KEUNG 1,289,600 listed foreign 1,289,600
shares
Domestically
Gao Lingyun 1,000,000 listed foreign 1,000,000
shares
Domestically
Wang Feifei 584,408 listed foreign 584,408
shares
Domestically
Hu Jun 519,050 listed foreign 519,050
shares
Domestically
Shu Jianping 500,500 listed foreign 500,500
shares
Domestically
Duan Ruifen 374,100 listed foreign 374,100
shares
Domestically
Li Zhaohua 345,606 listed foreign 345,606
shares
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Nanjing Putian Telecommunications Co., Ltd. Text of First Quarterly Report 2014
Among the top ten shareholders, China Potevio Company Limited is neither a related party
Note of related relationship among nor a person acting in concert with the others. It’s unknown by the Company whether there
the above shareholders and are related parties or persons acting in concert among the other shareholders. The Company is
concerted actors unknown whether there exists associated relationship or belongs to consistent actor among
the top ten circulation shareholders.
Explanation on top ten shareholders
involving margin business (if N/A
applicable)
Whether has a buy-back agreement dealing in reporting period
□ Yes √ No
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Nanjing Putian Telecommunications Co., Ltd. Text of First Quarterly Report 2014
Section III. Significant Events
I. Particulars about material changes in items of main accounting statement and financial
index and explanations of reasons
Amount of Changes
Item 2014-3-31 2013-12-31 Reasons of great changes
changes (RMB) ratio (%)
Notes receivable of the end of
Notes
8,230,321.61 21,919,480.05 -13,689,158.44 -62.45% last year was due acceptance at
receivable
the period.
Advance Advance payment of last period
19,111,127.55 33,144,854.82 -14,033,727.27 -42.34%
payment was settled in the period.
The bank acceptance for
procurement of raw materials
Notes payable 111,442,422.00 70,809,648.50 40,632,773.50 57.38%
and outsourcing products
increased.
Last year’s advance payment
was confirmed as sales revenue
Payment in after delivery in the period;
39,368,928.02 77,659,452.52 -38,290,524.50 -49.31%
advance advance payments of the new
contract in the reporting period
decreased
The amount of un-deductable
VAT input tax is larger than the
Tax payable -1,286,229.92 1,544,609.90 -2,830,839.82 -183.27%
output tax, the tax payable was
negative as a result
The Company lost RMB 15.01
Undistributed million in the reporting period
-29,502,739.45 -14,489,140.50 -15,013,598.95 -103.62% and causing balance of the
profit
retained profit reduced at the
end of the reporting period
Amount of Changes
Jan-Mar 2014 Jan-Mar 2013 Reasons of great changes
changes (RMB) ratio (%)
Compared with the same period
of last year, the loss of the
Company’s stock-jointly
Investment companies decreased in the
-106,712.45 -1,208,410.07 1,101,697.62 91.17%
income reporting period, investment
losses that confirmed according
to the equity proportion
decreased
Operating In the reporting period, impact
-12,017,921.23 -8,499,997.51 -3,517,923.72 -41.39% from operators reduced the
profit
investment for 3G, investment
Total profit -11,558,134.57 -7,805,759.20 -3,752,375.37 -48.07% of 4G still in small size and
Net profit -15,005,682.50 -7,985,355.88 -7,020,326.62 -87.92% fierce competition in markets as
well as the declined biding price
Net profit from operators etc., sales
-15,013,598.95 -7,211,874.87 -7,801,724.08 -108.18% revenue and gross margin from
attributable to
some of the telecommunication
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Nanjing Putian Telecommunications Co., Ltd. Text of First Quarterly Report 2014
owners of products declined, thus, profit
decreased year-on-year
parent
company
In the reporting period, income
Income tax
3,447,547.93 179,596.68 3,267,951.25 1819.61% tax paid by the subsidiary
expenses
company increased y-o-y.
In the reporting period, overall
sales increased, recoverable of
Net cash flow
accounts receivable increased
from
-89,935,264.98 -132,551,275.77 42,616,010.79 32.15% than that of last year, and then
operation
in the reporting period the
activity
payment for goods paid by the
Company decreased
In the reporting period, the
Net cash flow
Company received the balance
from
1,817,747.89 -4,629,408.88 6,447,156.77 139.27% of Yulong equity transfer, cash
investment
inflow from investment activity
activity
increased y-o-y
Net cash flow
form In the reporting period, bank
13,777,541.13 -5,728,152.30 19,505,693.43 340.52%
financing loans of the Company increased
activities
In the reporting period, net cash
Net increased flow form operation activity,
amount of investment activity and
-74,339,944.11 -142,901,226.12 68,561,282.01 47.98%
cash and cash financing activities increased
equivalent over the same period of last
year respectively
II. Analysis and explanation of significant events and their influence and solutions
Nil
III. Commitments from the Company or shareholders (with over 5% shares held) in or
occurred in the previous period but continued to reporting period
Content of
Item of Commitments Promisee Date Term Implementation
commitments
Share Merger Reform N/A
Commitments made in acquisition report
N/A
or equity change report
Commitments in assets reorganization N/A
Commitments in initial public offering or
N/A
refinancing
other commitments to minority
N/A
shareholders of the Company
Perform the commitment promptly or not Yes
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Nanjing Putian Telecommunications Co., Ltd. Text of First Quarterly Report 2014
Detail reasons for un-complement and
Not applicable
further plan (if applicable)
IV. Forecast of operation performance from Jan. – June of 2014
Warnings and reasons of the predict that the cumulative net profit from the begin of the year to the end of next report period may be
loss or have great changes comparing with the same period of last year
□Applicable √Not applicable
V. Securities Investment
Amount
of Proportio Amount Proportio
Initial stock-hol n of of n of Book
Gains and
Short investmen ding at stock-hol stock-hol stock-hol value at
Variety of Code of loss in the Accounti Source of
form of t the ding at the ding at ding at the the end of
securities securities reporting ng subject stock
securities cost(RM beginning beginning the end of end of the the period
(RMB)
B) of the of the the period period (RMB)
period period (% (Share) (%)
(Share)
Total 0.00 0 -- 0 -- 0.00 0.00 -- --
Disclosure date for the notice of
approval by the Board
Disclosure date for the notice of
approval by Shareholders’
Meeting (if applicable)
Explanation on equity of other listed company hold
□Applicable √Not applicable
VI. Derivative Investment
In 10 thousand Yuan
Ratio of
investmen
t at
Assets’
Investme period-en Actual
Related Related Initial depreciati Investme
Operating nt at d in net gains/loss
relationsh transactio Kinds investmen Start Date Expiry on (if nt at end
side period-be assets of es in
ip n (Y/N) t applicable of period
gin the Period
)
Company
at
period-en
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Nanjing Putian Telecommunications Co., Ltd. Text of First Quarterly Report 2014
d (%)
Total 0 -- -- 0 0 0% 0
Capital resources -
Disclosure date for the notice of approval
by the Board (if applicable)
Disclosure date for the notice of approval
by Shareholders’ General Meeting (if
applicable)
VII. Registration form for receiving research, communication and interview in the report period
Contents discussed and
Date Place Method Type of investors Investor
materials supplied
N/A N/A N/A
Board of Directors of
Nanjing Putian Telecommunications Co., Ltd.
29 April 2014
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