Abstract of the 2015 Semi-annual Report of Changchai Company, Limited
Stock code: 000570, 200570 Stock abbreviation: SCCA, SCCB Announcement No.: 2015-020
Changchai Company, Limited
Abstract of the 2015 Semi-annual Report
1. Important reminders
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.
Company profile
Stock abbreviation SCCA, SCCB Stock code 000570, 200570
Stock abbreviation after change (if
any)
Stock exchange listed with Shenzhen Stock Exchange
Contact information 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) 1,359,895,900.69 1,339,876,201.72 1.49%
Net profit attributable to shareholders of
37,563,399.18 34,303,430.49 9.50%
the Company (RMB Yuan)
Net profit attributable to shareholders of
the Company after extraordinary gains and 35,710,619.28 33,519,687.43 6.54%
losses (RMB Yuan)
Net cash flows from operating activities
46,727,741.12 -30,355,787.85
(RMB Yuan)
Basic EPS (RMB Yuan/share) 0.07 0.06 16.67%
Diluted EPS (RMB Yuan/share) 0.07 0.06 16.67%
Weighted average ROE (%) 1.85% 1.88% -0.03%
As at the end of the
As at the end of last year +/-（％）
reporting period
Total assets (RMB Yuan) 3,393,725,938.24 3,166,783,758.18 7.17%
Net assets attributable to shareholders of
2,121,204,022.93 1,936,936,835.27 9.51%
the Company (RMB Yuan)
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Abstract of the 2015 Semi-annual Report of Changchai Company, Limited
（2） Shareholdings of the top 10 common shareholders
Unit: share
Total number of common shareholders at the end of the reporting
56,034
period
Shareholdings of the top 10 common shareholders
Shareholdi Number of Pledged or frozen
Total common shares
Nature of ng restricted
Name of shareholder shares held at
shareholder percentage common shares Status of Number
the period-end
(%) held shares of shares
State-owned Assets Supervision and
On behalf of the
Administration Commission of Changzhou 30.02% 168,497,736
State
Municipal People’s Government
Domestic
Huang Lihou 0.99% 5,575,000
individual
Lhasa Ruida Investment Consulting
Other 0.69% 3,890,333
Management Co., Ltd.
Foreign
KGI ASIA LIMITED 0.56% 3,124,845
corporation
BNP PARIBAS WEALTH MANAGEMENT Foreign
0.55% 3,099,873
HONG KONG BRANCH corporation
Domestic
Zheng Caiping 0.49% 2,762,282
individual
Domestic
Guo Chunling 0.49% 2,736,986
individual
Harvest Capital-CMBC-Zongyi Holding
Other 0.44% 2,486,900
Jinxiu No. 5 Asset Management Plan
Founder BEA Trust Co., Ltd.-Shenlong No.
31 Collection of Securities Investment Funds Other 0.40% 2,250,000
of the Trust Plan
Domestic
Jiang Xuezhen 0.37% 2,050,000
individual
It is unknown whether there was any associated relationship among
the top ten tradable shareholders and among the top ten shareholders
Explanation on associated relationship or persons acting in
not subject to trading moratorium, or whether they are persons acting
concert among the above-mentioned shareholders
in concert as described by Measures for the Administrative of
Disclosure of Shareholder Equity Changes.
The shareholder, Mr. Huang Lihou totally held the shares of the
Company of 5,575,000 shares through the securities ordinary
account and securities guarantee account of the customer credit
transactions with the proportion of the share holding of 0.99%, of
which owning to had participated in the securities lending and
borrowing business during the reporting period, held the shares of
the Company of 5,470,000 shares through the securities guarantee
Shareholders taking part in securities margin trading account of the customer credit transactions provided by Guotai
Junan Securities Co., Ltd, with the proportion of the share holding of
0.97%.
The shareholder, Ms. Guo Chunling held the shares of the Company
of 2,736,986 shares through the securities guarantee account of the
customer credit transactions provided by China Securities Co., Ltd
with the proportion of the share holding of 0.49%.
（3）Shareholdings of the top 10 preference share holders
□ Applicable √ Inapplicable
No preference shares for the reporting period.
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Abstract of the 2015 Semi-annual Report of Changchai Company, Limited
（4）Change of the controlling shareholder or the actual controller
Change of the controlling shareholder in the reporting period
□ Applicable √ Inapplicable
The controlling shareholder did not change in the reporting period.
Change of the actual controller in the reporting period
□ Applicable √ Inapplicable
The actual controller did not change in the reporting period.
3. Discussion and analysis by the management
For the first half of 2015, the Company totally sold 487,000 units of various diesel engines and generator sets,
down 9.46% over the same period of last year, including 403,000 units of single-cylinder diesel engines (a
year-on-year decrease of 12.22%), and 79,500 units of multi-cylinder diesel engines (a year-on-year increase of
8.76%). It achieved a sales income of RMB 1,359,895,900, up 1.49% from the same period of last year; and net
profit attributable to shareholders of the Company of RMB 37.5634 million, up 9.50% on the year-on-year basis.
In the reporting period, macro-economic development entered a gear-shifting period amid transformation for
upgrading. The changes in the ways and focuses of state subsidization for agricultural machinery as well as the
stricter emission policies for trucks led to fierce competition in the market of diesel engines for automobile. The
production and sales volumes of our single-cylinder diesel engines dropped from the same period of last year due
to the overcapacity and the downsized total available market, but the volumes still topped the industry. Meanwhile,
we achieved preliminary results in adjusting our product mix, with a larger proportion of multi-cylinder diesel
engines in the total sales income as well as a faster-growing sales volume of multi-cylinder diesel engines for
harvesters and roller tractors. In the reporting period, we also achieved better gross profits and net profits than the
same period of last year due to our good cost control amid low prices of raw and auxiliary materials.
4. Matters related to financial reporting
(1) Explain any changes in the accounting policies, accounting estimates and measurement methods as
compared with the financial reporting of last year
□ Applicable √ Inapplicable
No such cases in the reporting period.
(2) Explain any retrospective restatement due to correction of significant accounting errors in the reporting
period
□ Applicable √ Inapplicable
No such cases in the reporting period.
(3) Explain any changes in the consolidation scope as compared with the financial reporting of last year
□ Applicable √ Inapplicable
No such cases in the reporting period.
(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
□ Applicable √ Inapplicable
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