Nanjing Putian Telecommunications Co., Ltd. Text of Third Quarterly Report 2020
Stock Code: 200468 Short Form of the Stock: NJ TEL B Notice No.: 2020-058
Nanjing Putian Telecommunications Co., Ltd.
Text of Third Quarterly Report 2020
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Nanjing Putian Telecommunications Co., Ltd. Text of Third Quarterly Report 2020
Section I. Important Note
Board of Directors, Supervisory Committee, all directors, supervisors and senior
executives of Nanjing Putian Telecommunications 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 a nd
completion of the whole contents.
All the directors are present the meeting of the Board for deliberating the Third
Quarter Report of the Company in person.
Wang Wenkui, person in charge of the Company, head of the accounting works
Wang Huailin and Wang Huailin, accounting body principals (accountant in
charge) hereby confirms that the Financial Report of the Third Quarterly
Report is authentic, accurate and complete.
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Nanjing Putian Telecommunications Co., Ltd. Text of Third Quarterly Report 2020
Section II. Basic information of Company
I. Main accounting data and index
Whether it has retroactive adjustment or re-statement on previous accounting data or not
□Yes √No
Current period-end Period-end of last year Increase/decrease
Total assets (RMB) 1,474,870,353.18 1,652,005,519.44 -10.72%
Net assets attributable to
shareholders of listed company 109,496,218.17 169,543,106.29 -35.42%
(RMB)
Increase/decrease in
Increase/decrease in
From year-begin to comparison with
Current period comparison with same
end of the Period year-begin to
period of last year
Period-end of last year
Operating revenue (RMB) 257,967,139.46 -7.05% 663,139,943.08 -35.91%
Net profit attributable to
shareholders of the listed company -1,190,034.23 92.58% -60,046,888.26 18.37%
(RMB)
Net profit attributable to
shareholders of the listed company
-5,633,894.62 67.86% -69,241,389.77 9.36%
after deducting non-recurring gains
and losses (RMB)
Net cash flow arising from
6,656,073.35 165.88% 24,308,791.38 113.95%
operating activities (RMB)
Basic earnings per share
-0.01 85.71% -0.28 17.65%
(RMB/Share)
Diluted earnings per share
-0.01 85.71% -0.28 17.65%
(RMB/Share)
Weighted average ROE -1.09% 4.44% -43.04% -19.94%
Items and amount of extraordinary profit (gains)/losses
√Applicable □Not applicable
In RMB
Amount from year-begin to
Item Note
end of the Period
Gains/losses from the disposal of non-current asset (including the
6,051,161.27
write-off that accrued for impairment of assets)
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Nanjing Putian Telecommunications Co., Ltd. Text of Third Quarterly Report 2020
Governmental subsidy reckoned into current gains/losses (not
including the subsidy enjoyed in quota or ration according to
4,120,379.93
national standards, which are closely relevant to enterprise’s
business)
Other non-operating income and expenditure except for the
481,262.65
aforementioned items
Less: impact on income tax 594,009.68
Impact on minority shareholders’ equity (post-tax) 864,292.66
Total 9,194,501.51 --
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. Statement of the total shareholders and shares-held of top ten shareholders at end of the
Period
1. Number of common shareholders and preference shareholders with voting rights recovered and top ten
common shareholders
In Share
Total preference shareholders
Total number of common with voting rights recovered at
shareholders at the end of report 8,534 0
period end of reporting period (if
applicable)
Top ten shareholders
Amount of Number of share pledged/frozen
Nature of Proportion of Amount of shares
Shareholders non-tradable
shareholder shares held held State of share Amount
shares held
China Potevio
State-owned
Company 53.49% 115,000,000 115,000,000
corporate
Limited
Shenwan
Hongyuan Overseas
2.97% 6,386,820 0
Securities (Hong corporate
Kong) co., LTD
GUOTAI
Overseas 2.50% 5,379,114 0
JUNAN
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Nanjing Putian Telecommunications Co., Ltd. Text of Third Quarterly Report 2020
SECURITIES(H corporate
ONGKONG)
LIMITED
Domestic nature
Zheng Enyue 1.14% 2,449,739 0
person
Domestic nature
Sun Huiming 0.93% 2,007,110 0
person
Domestic nature
Gu Jinhua 0.87% 1,871,371 0
person
Guosen Securities
(HK) Brokerage Overseas
0.85% 1,828,682 0
Company corporate
Limited
BOCI
Overseas
SECURITIES 0.59% 1,266,945 0
corporate
LIMITED
Domestic nature
Xiang Yan 0.42% 905,602 0
person
Domestic nature
Zheng Hongquan 0.42% 905,600 0
person
Particular about top ten shareholders with tradable shares held
Type of shares
Shareholders Amount of tradable shares held
Type Amount
Domestically
Shenwan Hongyuan Securities
6,386,820 listed foreign 6,386,820
(Hong Kong) co., LTD
shares
GUOTAI JUNAN Domestically
SECURITIES(HONGKONG) 5,379,114 listed foreign 5,379,114
LIMITED shares
Domestically
Zheng Enyue 2,449,739 listed foreign 2,449,739
shares
Domestically
Sun Huiming 2,007,110 listed foreign 2,007,110
shares
Domestically
Gu Jinhua 1,871,371 listed foreign 1,871,371
shares
Domestically
Guosen Securities (HK) Brokerage 1,828,682 1,828,682
listed foreign
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Nanjing Putian Telecommunications Co., Ltd. Text of Third Quarterly Report 2020
Company Limited shares
Domestically
BOCI SECURITIES LIMITED 1,266,945 listed foreign 1,266,945
shares
Domestically
Xiang Yan 905,602 listed foreign 905,602
shares
Domestically
Zheng Hongquan 905,600 listed foreign 905,600
shares
Domestically
Liang Wei 772,800 listed foreign 772,800
shares
Explanation on associated Among the top ten shareholders, China Potevio Company Limited is neither a related party
relationship among the top ten nor a person acting in concert with the others. It’s unknown by the Company whether there
shareholders or consistent action are related parties or persons acting in concert among the other shareholders.
Explanation on shareholders
involving margin business about top
N/A
ten common shareholders (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
Top ten common shareholders or top ten common shareholders with un-restrict shares not held have a buy-back agreement dealing in
reporting period
2. Total of shareholders with preferred stock held and the top ten shareholdings
□Applicable √Not applicable
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Nanjing Putian Telecommunications Co., Ltd. Text of Third Quarterly Report 2020
Section III. Important events
I. Particular about major changes from ite ms of main accounting statements and financial
indexes as well as reasons
√ Applicable □Not applicable
September 30, December 31, 2019 /
Changed amount (R
Items 2020/January-Septe January to September Change ratio Main reasons for changes
MB)
mber 2020 (yuan) 2019 (yuan)
Paying purchase of receivable in the
Monetary fund 142,775,811.83 261,270,033.28 -118,494,221.45 -45.35%
Period due to the need of operation.
Transfer the endorsement of trade
Bill receivable 10,319,290.58 59,653,053.58 -49,333,763.00 -82.70%
bill in the Period.
Transfer the endorsement of bank
Receivable financing 100,000.00 3,821,550.77 -3,721,550.77 -97.38%
acceptance in the Period.
During the Period, some of the
projects are not approach the
Stock 280,227,113.12 209,397,286.17 70,829,826.95 33.83% condition of revenue recognition,
delivery of goods increased; and
stock up for later phases.
Input tax of the VAT to be de ducted
Other current assets 16,127,655.17 11,610,245.99 4,517,409.18 38.91%
increased.
Construction in Investment for the construction
19,286,278.58 13,048,701.59 6,237,576.99 47.80%
progress project from subsidiary.
Total owner's equity
Loss in the Period, and the owners’
attributable to the 109,496,218.17 169,543,106.29 -60,046,888.12 -35.42%
equity declined correspondingly.
parent company
During the reporting period, the
COVID-19 and macro market
environment have certain adverse
effect to the Company’s business
Operating income 663,139,943.08 1,034,716,511.73 -371,576,568.65 -35.91% development, furthermore, in order
to adapt to the market change, the
Company adjust the industrial
structure actively, sales revenue has
a y-o-y declined in the Period.
Operation revenue declined and
with the strong controls in costs,
Operation costs 531,912,844.26 850,889,156.17 -318,976,311.91 -37.49%
operation costs declined
correspondingly.
Management 40,739,708.08 64,931,448.81 -24,191,740.73 -37.26% The Company put more efforts on
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Nanjing Putian Telecommunications Co., Ltd. Text of Third Quarterly Report 2020
expenses the internal management in the
Period, and strives to reduce the
management expenses.
Affected by the COVID-19,
resumption of work delayed and the
R&D expenses 34,351,953.11 50,780,178.34 -16,428,225.23 -32.35%
R&D expenses reduced
accordingly.
Revenue from government subsidy
Other income 7,928,748.71 5,431,925.01 2,496,823.70 45.97%
increased on a y-o-y basis.
Asset impairment Loss of inventory impairment
-2,207,163.50 -2,207,163.50 100.00%
loss increased on a y-o-y basis.
Credit impairment Impairment loss of receivable
-5,272,892.33 75,296.00 -5,348,188.33 -7102.89%
loss increased on a y-o-y basis.
Asset disposal Revenue from assets disposal
10,958,898.88 51,857.87 10,907,041.01 21032.57%
income increased on a y-o-y basis.
During the reporting period, sales
revenue declined from a year
earlier, however, due to the strong
internal management and cost
Operating profit -45,021,782.28 -66,101,632.53 21,079,850.25 31.89%
controlling, periodic expenses
declined on a y-o-y basis; earnings
from assets disposal increased on a
y-o-y basis.
During the reporting period,
periodic expenses declined on a
y-o-y basis due to the strong
The total profit -41,084,538.04 -63,844,230.26 22,759,692.22 35.65%
internal management and operation
cost control; earnings from assets
disposal increased on a y-o-y basis.
Face of the adverse impact of
epidemic, the Company increased
the collection of payment, controls
Net cash flow arising the operation risks and strictly
from operation 24,308,791.38 -174,200,790.16 198,509,581.54 113.95% controlled all expenses at the same
activities time to reduce costs and increase
the efficiency, the net cash flow
from operation increased on a y-o-y
basis.
Subtotal cash inflow Cash received from asset disposal in
from investment 23,424,811.00 1,616,022.97 21,808,788.03 1349.53% the Period increased on a y-o-y
activities basis.
Net cash flow arising Cash received from asset disposal in
16,227,615.55 -6,588,145.80 22,815,761.35 346.32%
from investment the Period increased on a y-o-y
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Nanjing Putian Telecommunications Co., Ltd. Text of Third Quarterly Report 2020
activities basis.
Subtotal cash inflow Some of the loans repayment is due
from financing 172,737,283.33 381,580,273.89 -208,842,990.56 -54.73% in the Period.
activities
Net cash flow arising Some of the loans repayment is due
from financing -148,103,581.55 54,383,791.05 -202,487,372.60 -372.33% in the Period.
activities
II. Progress and influence of the main events as well as solution analysis specification
√ Applicable □Not applicable
During the reporting period, the Company plans to transfer the 49.64% equity of stock-jointly enterprise-Putian Hi-Tech Industry Co.,
Ltd through listing, and the land property locates on No.1 Putian Road. And the plan of major assets reorganization released on 14
October 2020, found more in relevant notice.
Information index for temporary report
Overview Date for disclosure
disclosure
Suggestive announcement on plans of
June 4, 2020 Juchao Website (www.cninfo.com.cn)
major assets reorganization
June 18, 2020 Juchao Website (www.cninfo.com.cn)
July 6, 2020 Juchao Website (www.cninfo.com.cn)
July 20, 2020 Juchao Website (www.cninfo.com.cn)
Progress of the major assets reorganization
August 3, 2020 Juchao Website (www.cninfo.com.cn)
August 17, 2020 Juchao Website (www.cninfo.com.cn)
August 31, 2020 Juchao Website (www.cninfo.com.cn)
Progress of the major assets reorganization
and adjustment of the items with September 14, 2020 Juchao Website (www.cninfo.com.cn)
reorganization concerned
Progress of the major assets reorganization September 28, 2020 Juchao Website (www.cninfo.com.cn)
Plan for sales of major assets October 14, 2020 Juchao Website (www.cninfo.com.cn)
Progress of shares buy-back
□ Applicable √ Not applicable
Implementation progress of the reduction of repurchases shares by centralized bidding
□ Applicable √ Not applicable
III. Commitme nts that the company, shareholders, actual controller, offeror, directors,
supervisors, senior management or other related parties have fulfilled during the reporting
period and have not yet fulfilled by the end of reporting period
□ Applicable √ Not applicable
There are no commitments that the company, shareholders, actual controller, offeror, directors, supervisors, senior management or
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Nanjing Putian Telecommunications Co., Ltd. Text of Third Quarterly Report 2020
other related parties have fulfilled during the reporting period and have not yet fulfilled by the end of reporting period.
IV. Financial asset investment
1. Particular about security investment
□ Applicable √ Not applicable
The Company had no security investment in Period.
2. Particulars about derivatives investment
□ Applicable √ Not applicable
The Company had no derivatives investment in Period.
V. Progress of investment projects with raised funds
□ Applicable √ Not applicable
VI. Prediction of 2020 business performance
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
VII. Major contracts for daily operations
□ Applicable √ Not applicable
VIII. Trust financing
□ Applicable √ Not applicable
The Company had no trust financing in Period.
IX. Guarantee outside against the regulation
□Applicable √Not applicable
The Company had no guarantee outside against the regulation in the reporting period.
X. Non-operational fund occupation from controlling shareholders and its related pa rty
□ Applicable √ Not applicable
The Company had no non-operational fund occupation from controlling shareholders and its related party.
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Nanjing Putian Telecommunications Co., Ltd. Text of Third Quarterly Report 2020
XI. Registration form for receiving research, communication and interview in the report
period
□Applicable √Not applicable
The Company had no receiving research, communication or interview in the report period.
Board of Directors of
Nanjing Putian Telecommunications Co., Ltd.
31 October 2020
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