无锡威孚高科技集团股份有限公司 2015 年半年度报告摘要 Stock Code: 000581, 200581 Notice No.: 2015-036 Short Form of the Stock: Weifu High-Tech, Su Weifu-B WEIFU HIGH-TECHNOLOGY GROUP CO., LTD. SUMMARY OF SEMI-ANNUAL REPORT 2015 1. Important Notice The summary is abstract from full-text of semi-annual report, for more details information, investors should found in the full-text of semi-annual report that published on website of Shenzhen Stock Exchange and other website appointed by CSRC. Company Profile Weifu High-Tech, Short form of the stock Stock code 000581, 200581 Su Weifu-B Listing stock exchange Shenzhen Stock Exchange Contact person and ways Secretary of the Board Rep. of securities affairs Name Zhou Weixing Yan Guohong Tel. 0510-80505999 0510-80505999 Fax. 0510-80505199 0510-80505199 E-mail wfjt@public1.wx.js.cn wfjt@public1.wx.js.cn 2. Main accounting data and Changes of shareholders (1)Main accounting data Whether it has retroactive adjustment or re-statement on previous accounting data for accounting policy changed and accounting error correction or not □Yes √ No Same period of last Increase/decrease in Current period year this report y-o-y (%) Operating revenue (RMB) 3,390,437,923.64 3,529,819,855.63 -3.95% Net profit attributable to shareholders of the listed 1,045,987,200.83 840,585,795.24 24.44% company(RMB) Net profit attributable to shareholders of the listed company 884,001,959.90 821,614,902.92 7.59% after deducting non-recurring gains and losses(RMB) Net cash flow arising from operating activities(RMB) 438,286,150.85 393,612,109.41 11.35% Basic earnings per share (RMB/Share) 1.03 0.82 25.61% Diluted earnings per share (RMB/Share) 1.03 0.82 25.61% Weighted average ROE 9.14% 8.41% 0.73% Increase/decrease over End of current End of period of last same period-end of Period year last year (%) Total assets (RMB) 15,452,582,477.71 14,488,589,167.90 6.65% Net assets attributable to shareholder of listed company (RMB) 11,620,569,390.04 10,859,034,688.96 7.01% 1 无锡威孚高科技集团股份有限公司 2015 年半年度报告摘要 (2) Particulars about the common stock held by the top shareholders In Share Total shareholders with common stock held at period-end 53,249 Top ten shareholding of common stock Number of share Proportion Number of Amount of Nature of pledged/frozen Full name of Shareholders of shares common restricted common shareholder State of held shares held shares held Amount share Wuxi Industry Development Group Co., State-owned 20.00% 204,059,398 Ltd corporate ROBERT BOSCH GMBH Foreign corporate 14.00% 142,841,400 UBS AG Foreign corporate 2.47% 25,221,039 MERRILL LYNCH INTERNATIONAL Foreign corporate 1.90% 19,390,641 Agricultural Bank of China Domestic Ltd.—Fullgoal Zhongzheng State-owned non-state-owned 1.87% 19,119,108 Enterprise Innovation Index Grade corporate Security Fund MORGAN STANLEY & CO. Foreign corporate 1.53% 15,598,605 INTERNATIONAL PLC. Kangjian Assets Management Company Foreign corporate 1.41% 14,402,233 –Client’s fund BBH BOS S/A FIDELITY FD - CHINA Foreign corporate 1.21% 12,382,279 FOCUS FD Puxin Investment Company- Client’s fund Foreign corporate 1.11% 11,347,877 Domestic Industrial & Commercial Bank of China – non-state-owned 0.64% 6,505,080 Lion Flexi Allocation Mix Security Fund corporate Among the top ten shareholders, there has no associated relationship between Wuxi Industry Development Croup Co., Ltd. and other Explanation on related relationship or concerted action shareholders, the first largest shareholder of the Company; and they among the abovementioned shareholders do not belong to the consistent actionist regulated by the Management Measure of Information Disclosure on Change of Shareholding for Listed Company. (3) Particulars about the shares held by the top ten preferred shareholders □ Applicable √ Not applicable There in no particular about the shares held by the preferred shareholder in Period. 2 无锡威孚高科技集团股份有限公司 2015 年半年度报告摘要 (4)Changes of controlling shareholders or actual controller Controlling shareholder changed in the Period □ Applicable √ Not applicable Controlling shareholders had no change in reporting period. Actual controller changed in the Period □ Applicable √ Not applicable Actual controller had no change in reporting period. 3. Discussion and analysis of management According to the data released by China Association of Automobile Manufacturers: in first half year of 2015, production and sales of the automobile in China up to 12,095,000 and 11,850,300 with a y-o-y growth of 2.64 percent and 1.43 percent respectively; among which, passenger cars shows 10,327,800 and 10,095,600 in production and sales respectively with 6.38 percent and 4.80 percent growth y-o-y and the commercial vehicle has 1,767,200 and 1,754,700 in production and sales respectively with 14.86 percent and 14.41 percent up y-o-y, including production and sales of heavy truck reached 294,600 and 292,300 respectively with growth of 31.86 percent and 31.43 percent respectively y-o-y. The macro economy has stepped into new normal development in 2015. Auto market is operating under pressure, leading to continuous decline in commercial vehicle market demands which is closed related to the business of the Company, especially for heavy truck market where demands has decreased over 30%. In front of the complicated and varied market conditions, the Company actively capitalized on the opportunity arising from switch of exhaust emission regulations to facilitate industrial structure adjustment. Through refined management and strict risk control, the Company realized operating income of RMB3.390 billion, with a decrease of 3.95% as compared to last year; realized profit of RMB1.158 billion, with an increase of 23.74% as compared to last year; and realized net profit attributable to owners of parent company of RMB1.046 billion, with an increase of 24.44% as compared to last year. 4. Matters relevant to financial report (1) Particulars about the changes in aspect of accounting policy, estimates and calculation method compared with the financial report of last year √Applicable □Not applicable At the beginning of 2014, Ministry of Finance issued the followed rules Cai Kuai [2014] No. 6; No.8; No.10; No.11; No.14 and No.16, that is "Accounting Standards for Business Enterprises No. 39 - Fair Value Measurements ", " Accounting Standards for Business Enterprises No. 30 - Presentation of Financial Statements "(2014 Revised), "Accounting Standards for Business Enterprises No. 9 - Employee Remuneration(2014 Revised)", " Accounting Standards for Business Enterprises No. 33 - Consolidated Financial Statements "(2014 Revised), "Accounting Standards for Business Enterprises No. 40 - Joint Venture Arrangement", "Accounting Standards for Business Enterprises No. 2 - Long-term Equity Investments(2014 Revised)" and "Accounting Standards for Business Enterprises No. 41 - Disclosure of Interests in Other Entities", and requires all the enterprises implementing the accounting standards to execute since July 1, 2014, and encourage the enterprise listed aboard to exercise the new standards ahead of time. Meanwhile, the Ministry of Finance issued the Cai 3 无锡威孚高科技集团股份有限公司 2015 年半年度报告摘要 Kuai[2014] No.23 "Accounting Standards for Business Enterprises No. 37 - Presentation of Financial Instruments(2014 Revised)"(―Presentation of Financial Instruments‖ for short), which requires the enterprises implementing the accounting standards to present the financial instruments in the financial reports of 2014 and the subsequent periods in accordance with the requirements of the accounting standards. The Company executed the 7 new or revised accounting standards except the Presentation of Financial Instruments since 1 July 2014, and started executing the Presentation of Financial Instruments in preparing the annual financial report of 2014; previous financial statements are as due to the adjustment for standards engagement The event has been deliberated and approved by 21st meeting of 7th session of the Board (2) Particulars about retroactive restatement on major correction for accounting errors in reporting period □ Applicable √ Not applicable The company had no particulars about retroactive restatement on major correction for accounting errors in the reporting. (3) Particulars about the change of consolidation range compared with the financial report of last year √ Applicable □ Not applicable 1. Weifu Nanocancelled in Feburary 2014, the profit statement and cash flow statement under the name of Weifu Nano from period-begin of 2014 to date of cancelled were included in consolidation statement range. 2. Weifu Jialin cancelled in April 2014, the profit statement and cash flow statement under the name of Weifu Jialin from period-begin of 2014 to date of cancelled were included in consolidation statement range. (4) Explanation on “Qualified Opinion” of the Report from CPA by the Board and Supervisory Committee □ Applicable √ Not applicable Boar of Directors of Weifu High-Technology Group Co., Ltd. 25 August 2015 4