Abstract of the 2013 Semi-annual Report of Changchai Company, Limited
Stock code: 000570, 200570 Stock abbreviation: SCCA, SCCB Announcement No.:2013-014
Changchai Company, Limited
Abstract of the 2013 Semi-annual Report
1. Important reminders
（1）
This abstract is based on the full text of the semi-annual report. For more details, investors are suggested to read the full text
disclosed at the same time with this abstract on http://www.cninfo.com.cn, the website of Shenzhen Stock Exchange or any other
website designated by CSRC.
This report is prepared in both Chinese and English. Should there be any discrepancy between the two versions, the Chinese version
shall prevail.
（2）Company profile
Stock abbreviation SCCA, SCCB Stock code 000570, 200570
Stock exchange listed with Shenzhen Stock Exchange
For contact Company Secretary Securities Affairs Representative
Name Shi Jianchun He Jianjiang
Tel. (86)519-86610041 (86)519-68683155
Fax (86)519-86630954 (86)519-86630954
E-mail ccsjc@changchai.com cchjj@changchai.com
2. Financial highlights and change of shareholders
（1）Financial highlights
Does the Company adjust retrospectively or restate accounting data of previous years due to change of the accounting policy or
correction of any accounting error?
□ Yes √ No
Reporting period Same period of last year YoY +/-（％）
Operating revenues (RMB Yuan) 1,597,702,698.46 1,599,480,212.75 -0.11%
Net profit attributable to shareholders of
39,865,197.16 29,802,438.47 33.76%
the Company (RMB Yuan)
Net profit attributable to shareholders of
the Company after extraordinary gains and 40,197,891.46 25,424,883.61 58.10%
losses (RMB Yuan)
Net cash flows from operating activities
86,671,315.58 207,869,158.63 -58.30%
(RMB Yuan)
Basic EPS (RMB Yuan/share) 0.07 0.05 40.00%
Diluted EPS (RMB Yuan/share) 0.07 0.05 40.00%
Weighted average ROE (%) 2.20% 1.66% 0.54%
As at the end of the
As at the end of last year YoY +/-（％）
reporting period
Total assets (RMB Yuan) 3,159,344,495.44 3,116,489,064.01 1.38%
Net assets attributable to shareholders of
1,770,883,931.54 1,845,193,200.65 -4.03%
the Company (RMB Yuan)
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Abstract of the 2013 Semi-annual Report of Changchai Company, Limited
（2） Shareholdings of the top 10 shareholders
Total number of shareholders at the end of the
76,344
reporting period
Shareholdings of the top 10 shareholders
Total shares Number of Pledged or frozen shares
Nature of Shareholding
Name of shareholder held at the restricted Number of
shareholder percentage (%) Status of shares
period-end shares held shares
State-owned Assets Supervision
and Administration Commission On behalf of the
30.02% 168,497,736 0
of Changzhou Municipal People’s State
Government
BNP PARIBAS WEALTH
Foreign
MANAGEMENT HONG KONG 1.36% 7,619,573 0
corporation
BRANCH
Huabao Trust Co., Ltd. –a single
Other 0.42% 2,361,800 0
type money trust R2007ZX103
ING ASIA PRIVATE BANK Foreign
0.41% 2,290,000 0
LIMITED corporation
Domestic
Li Xiang 0.41% 2,279,113 0
natural person
Domestic
Zhao Shijun 0.4% 2,271,731 0
natural person
CORE PACIFIC-YAMAICHI
Foreign
INTERNATIONAL (H.K.) 0.4% 2,265,562 0
corporation
LIMITED
Zhonghai Trust Co., Ltd.–
Zhonghai Jufa - new share agreed Other 0.37% 2,059,809 0
purchase 1 money trust
Domestic
Wang Jinshan 0.35% 1,956,189 0
natural person
Domestic
Liu Tao 0.34% 1,898,600 0
natural person
It is unknown whether there was any associated relationship among the top ten
Explanation on associated relationship or/and
tradable shareholders and among the top ten shareholders not subject to trading
persons acting in concert among the
moratorium, or whether they are persons acting in concert as described by
above-mentioned shareholders:
Measures for the Administrative of Disclosure of Shareholder Equity Changes.
（3）Change of the controlling shareholder or the actual controller
Change of the controlling shareholder in the reporting period
□ Applicable √ Inapplicable
Change of the actual controller in the reporting period
□ Applicable √ Inapplicable
3. Discussion and analysis by the management
For the first half of 2013, the Company totally sold 658,600 units of various diesel engines and generator sets, up
1.81% over the same period of last year, including 571,200 units of single-cylinder diesel engines (a year-on-year
increase of 2.35%), 87,400 units of multi-cylinder diesel engines (a year-on-year decrease of 1.58%) and 5,914
units of generator sets and power units (a year-on-year increase of 160%). It achieved an export income of USD
19.96 million, up 21.32% over the same period of last year. Meanwhile, it achieved a sales income of RMB
1,597,702,700, down 0.11% from the same period of last year; and net profit attributable to shareholders of the
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Abstract of the 2013 Semi-annual Report of Changchai Company, Limited
Company of RMB 39.8652 million, up 33.76% on the year-on-year basis.
In the reporting period, competition in the diesel engine market became fiercer. The Company vigorously
expanded markets at home and abroad, integrated production resources, optimized management and strictly
controlled the component cost. As a result, the Company maintained a good development. The production and
sales volume of single-cylinder diesel engines increased over the same period of last year, which was still the No.
1 in the industry. The market share of multi-cylinder diesel engines for agricultural machinery kept expanding
while that of multi-cylinder diesel engines for automobile dropped. The Company input more efforts in expanding
the export market, resulting in a much larger export income than the same period of last year. Comparing the first
half of 2013 with the same period of last year, the sales volume and income were basically the same, prices of raw
and auxiliary materials registered a slight drop, the gross profit rate increased profit grew considerably.
In the reporting period, the Company was carrying out planning, technical argumentation and some other
preparations for the light engine relocation project.
4. Matters related to financial reporting
(1) Explain change of the accounting policy, accounting estimate and measurement methods as compared
with the financial reporting of last year
N/A
(2) Explain retrospective restatement due to correction of significant accounting errors in the reporting
period
N/A
(3) Explain change of the consolidation scope as compared with the financial reporting of last year
N/A
(4) Explanation of the Board of Directors and the Supervisory Committee concerning the “non-standard
audit report” issued by the CPAs firm for the reporting period
N/A
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