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苏威孚B:2015年半年度报告摘要(英文版)2015-08-25  

						                                                                           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%




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                                                                     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.




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                                                              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


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                                                            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




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