Stock Code: 200468 Short Form of the Stock: NJ TEL B Notice No.: 2019-024
Nanjing Putian Telecommunications Co., Ltd.
Text of First Quarterly Report 2019
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 are attended the Board Meeting for Quarterly Report deliberation.
Wang Wenkui, Principal of the Company, Cao Xurong, person in charger of
accounting works and Guan Xiaojian, 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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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
□ 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) 489,849,942.04 579,271,964.31 -15.44%
Net profit attributable to shareholders of
-36,835,612.35 -6,411,052.72 -474.56%
the listed company (RMB)
Net profit attributable to shareholders of
the listed company after deducting -37,608,907.37 -29,910,522.65 -25.74%
non-recurring gains and losses (RMB)
Net cash flow arising from operating
-196,430,725.42 -181,745,941.41 -8.08%
activities (RMB)
Basic earnings per share (RMB/Share) -0.171 -0.030 -470.00%
Diluted earnings per share (RMB/Share) -0.171 -0.030 -470.00%
Weighted average ROE -10.93% -1.84% -9.09%
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) 1,830,688,487.09 2,120,744,292.41 -13.68%
Net assets attributable to shareholder of
318,454,065.69 355,289,728.24 -10.37%
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
-338.00
write-off that accrued for impairment of assets)
Governmental subsidy reckoned into current gains/losses (not
including the subsidy enjoyed in quota or ration according to
1,541,442.00
national standards, which are closely relevant to enterprise’s
business)
Other non-operating income and expenditure except for the
-119,098.61
aforementioned items
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Less: impact on income tax 2,183.31
Impact on minority shareholders’ equity (post-tax) 646,527.06
Total 773,295.02 --
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
In reporting period, the Company has no particular about 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
II. Total number of shareholders at the end of this report period and top ten shareholders
1. Total number of common shareholders and preference shareholders with voting rights recovered and top
ten common shareholders
In shares
Total preference shareholders
Total number of common with voting rights recovered at
shareholders at the end of report 8,979 0
period end of reporting period (if
applicable)
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
State-owned
China Potevio 53.49% 115,000,000 115,000,000
corporation
GUOTAI
JUNAN
Foreign
SECURITIES(H 2.70% 5,815,277 0
corporation
ONGKONG)
LIMITED
Shenwan
Hongyuan Foreign
2.46% 5,296,500 0
Securities (Hong corporation
Kong) Co., LTD.
Domestic nature
Zheng Enyue 1.14% 2,443,939 0
person
Domestic nature
Sun Huiming 0.93% 2,007,110 0
person
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Guosen Securities
Foreign
(H.K.) Broker 0.88% 1,901,882 0
corporation
Co., Ltd.
Domestic nature
Gu Jinhua 0.87% 1,862,371 0
person
BOCI
Foreign
SECURITIES 0.68% 1,466,945 0
corporation
LIMITED
LI SHERYN Foreign nature
0.51% 1,100,000 0
ZHAN MING person
Domestic nature
Wang Xiaoyan 0.51% 1,094,400 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) 5,815,277 listed foreign 5,815,277
LIMITED shares
Domestically
Shenwan Hongyuan Securities
5,296,500 listed foreign 5,296,500
(Hong Kong) Co., LTD.
shares
Domestically
Zheng Enyue 2,443,939 listed foreign 2,443,939
shares
Domestically
Sun Huiming 2,007,110 listed foreign 2,007,110
shares
Domestically
Guosen Securities (H.K.) Broker
1,901,882 listed foreign 1,901,882
Co., Ltd.
shares
Domestically
Gu Jinhua 1,862,371 listed foreign 1,862,371
shares
Domestically
BOCI SECURITIES LIMITED 1,466,945 listed foreign 1,466,945
shares
Domestically
LI SHERYN ZHAN MING 1,100,000 listed foreign 1,100,000
shares
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Domestically
Wang Xiaoyan 1,094,400 listed foreign 1,094,400
shares
Domestically
Jin Yunhua 950,162 listed foreign 950,162
shares
Note of related relationship among Among the top ten shareholders, China Potevio is neither a related party nor a person acting
the above shareholders and in concert with the others. It’s unknown by the Company whether there are related parties or
concerted actors persons acting in concert among the other shareholders.
Explanation on top ten common
shareholders involving margin N/A
business (if applicable)
Whether top ten common shareholders or top ten common shareholders with un-restrict shares held have a buy-back agreement
dealing in reporting period
□ Yes √ No
The top ten common shareholders or top ten common shareholders with un-restrict shares held of the Company have no buy-back
agreement dealing in reporting period.
2. Total shareholders with preferred stock held and shares held by top ten shareholders with preferred
stock held
□ Applicable √ Not applicable
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Section III. Significant Events
I. Particulars about material changes in items of main accounting statement and financial
index and explanations of reasons
√ Applicable □ Not applicable
Amount of changes Changes ratio
Item 2019-3-31(RMB) 2018-12-31(RMB) Reasons of great changes
(RMB) (%)
Monetary fund 98,789,018.24 261,938,068.72 -163,149,050.48 -62.29% Sales refund declined in the
period. Purchase fund paid
for raw materials increased
Advance payment 55,750,988.26 188,848,712.69 -133,097,724.43 -70.48% Received invoice for the
purchase payment paid in
advance previous period,
which is written down the
advance payment in the
period
Other current assets 6,662,088.67 13,497,540.69 -6,835,452.02 -50.64% The VAT to be deducted
for input tax decreased
Received in advance 24,300,312.34 259,545,648.66 -235,245,336.32 -90.64% Pars of the products are
resulted a sales in the
period, which is written
down the receivables
received in advance
Taxes payable 8,089,799.22 17,230,159.02 -9,140,359.80 -53.05% VAT payable at period-end
declined
Non-current liabilities 37,583,820.37 7,296,315.00 30,287,505.37 415.11% Long-term account payable
increased due to the
after-sale rent-back
financing from fixed assets
Retained profit -77,562,389.15 -40,726,776.80 -36,835,612.35 -90.45% Losses in the period, and
the accumulated retained
profit decline
Amount of changes Changes ratio
Jan-Mar 2019 (RM Jan-Mar 2018 (RM
Reasons of great changes
B) B) (RMB) (%)
Other income 2,711,267.75 4,150,745.06 -1,439,477.31 -34.68% The government subsidy
reckoned into current
gain/loss declined from a
year earlier
Investment income -706,666.36 -107,597.53 -599,068.83 -556.77% The equity participation
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enterprise has an increased
in deficit on a y-o-y basis
Asset disposal income -5,126,100.94 5,126,100.94 100.00% At same period last year,
pars of the houses are been
levy and there is a loss
from disposal of fixed
assets from site relocation
Non business income 520,245.99 31,326,075.99 -30,805,830.00 -98.34% At same period last year,
received a housing
compensation of 30 million
yuan
Total profit -36,633,229.22 -3,282,546.99 -33,350,682.23 -1016.00% Affected by the less
Net profit -37,027,819.95 -3,306,273.76 -33,721,546.19 -1019.93% demand for procurement
Net profit attributable -36,835,612.35 -6,411,052.72 -30,424,559.63 -474.56% from telecom operators and
to owners of parent industry customers, as well
company as internal industrial
structure adjustment, sales
scale declined from a year
earlier in the period, with
the soaring fixed assets
costs, net profit turns to
negative in the period; Loss
has major growth mainly
because at same period last
year, received major
amount of housing
compensation while no
such revenue occurred in
the period
Subtotal of cash 1,219,362.97 30,175,660.00 -28,956,297.03 -95.96% At same period last year,
inflow from received major amount of
investment activity housing compensation
Net cash flow from -3,254,371.31 26,716,607.25 -29,970,978.56 -112.18% At same period last year,
investment activity
received major amount of
housing compensation
Net increase in cash -148,489,524.14 -109,982,042.37 -38,507,481.77 -35.01% Cash flow arising from
and cash equivalents operation activity and
investment activity
declined on a y-o-y basis
II. Analysis and explanation of significant events and their influence and solutions
□ Applicable √ Not applicable
Implementation progress of shares buy-back
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□ Applicable √ Not applicable
Implementation progress of the reduction of repurchases shares by centralized bidding
□ Applicable √ Not applicable
III. Commitments completed in Period and those without completed till end of the Period
from actual controller, shareholders, related parties, purchaser and companies
□ Applicable √ Not applicable
The Company has no commitments completed in Period and those without completed till end of the Period from actual controller,
shareholders, related parties, purchaser and companies.
IV. Forecast of operation performance from Jan. – June of 2019
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 √ Not applicable
V. Securities Investment
□ Applicable √ Not applicable
No security investment in Period.
VI. Derivative investment
□ Applicable √ Not applicable
No derivative investment in Period.
VII. Registration form for receiving research, communication and interview in the report
period
□ Applicable √ Not applicable
No registration form for receiving research, communication or interview in the Period.
VIII. Guarantee outside against the regulation
□Applicable √Not applicable
The Company had no guarantee outside against the regulation in the reporting period.
IX. Non-operational fund occupation from controlling shareholders and its related party
□ Applicable √ Not applicable
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The Company had no non-operational fund occupation form controlling shareholders and its related party in the period,
Board of Directors of
Nanjing Putian Telecommunications Co., Ltd.
30 April 2019
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