无锡威孚高科技集团股份有限公司 2018 年第三季度报告正文
Stock Code: 000581, 200581 Notice No.: 2018-026
Short Form of the Stock: Weifu High-Tech, Su Weifu-B
WEIFU HIGH-TECHNOLOGY GROUP CO., LTD.
TEXT of 3Q REPORT 2018
Section I. Important Notes
Board of Directors and the Supervisory Committee of Weifu High-Technology
Group Co., Ltd. (hereinafter referred to as the Company) and its directors,
supervisors and senior executives 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 and completion of the whole contents.
All directors of the Company are attended the Meeting for quarterly report
deliberation.
Chen Xuejun, Principal of the Company; Ou Jianbin, Person in Charge of
Accounting Work; Ou Jianbin, Person in Charge of Accounting Organization
(Accounting Officer) hereby confirm that the Financial Report of the Third
Quarterly Report is authentic, accurate and complete.
1
无锡威孚高科技集团股份有限公司 2018 年第三季度报告正文
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) 20,773,232,822.40 20,231,006,224.36 2.68%
Net assets attributable to shareholders
15,595,739,954.18 14,835,673,669.75 5.12%
of listed company (RMB)
Increase/decrease in
Increase/decrease in
Year-begin to end of comparison with
Current period comparison with same
the Period year-begin to
period of last year
Period-end of last year
Operating revenue (RMB) 1,898,914,219.62 3.60% 6,859,716,110.61 4.55%
Net profit attributable to shareholders
510,387,493.91 -3.29% 2,055,630,198.83 10.89%
of the listed company (RMB)
Net profit attributable to shareholders
of the listed company after deducting 452,953,425.86 -5.90% 1,831,818,927.43 8.42%
non-recurring gains and losses(RMB)
Net cash flow arising from operating
-- -- 506,069,810.46 11.06%
activities(RMB)
Basic earnings per share
0.51 -3.77% 2.04 10.87%
(RMB/Share)
Diluted earnings per share
0.51 -3.77% 2.04 10.87%
(RMB/Share)
Weighted average ROE 3.41% -0.40% 13.33% -0.34%
Items and amount of extraordinary profit (gains)/losses
√Applicable □Not applicable
In RMB
Amount from year-begin
Item Note
to end of the Period
Gains/losses from the disposal of non-current asset (including the write-off that accrued for
-5,470,321.32
impairment of assets)
Governmental subsidy reckoned into current gains/losses (not including the subsidy enjoyed
30,811,684.32
in quota or ration according to national standards, which are closely relevant to enterprise’s
2
无锡威孚高科技集团股份有限公司 2018 年第三季度报告正文
business)
Gains/losses from entrusted investment or assets management 239,529,818.37
Restoring of receivable impairment provision that tested individually 512,580.00
Other non-operating income and expenditure except for the aforementioned items 357,642.14
Less: impact on income tax 40,267,115.83
Impact on minority shareholders’ equity (post-tax) 1,663,016.28
Total 223,811,271.40 --
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. Common and preferred stockholders with voting rights recover and the top ten share-holding
In Share
Total common shareholders at the Total preferred stockholders with voting rights recover at the end of
63,367 0
end of report period report period (if applicable)
Top ten shareholders
Number of share
Proportion Amount of
Nature of Amount of pledged/frozen
Shareholders of shares restricted
shareholder shares held State of
held shares held Amount
share
WUXI INDUSTRY DEVELOPMENT GROUP State-owned
20.22% 204,059,398
CO., LTD. corporate
ROBERT BOSCH GMBH Foreign corporate 14.16% 142,841,400
Hong Kong Securities Clearing Company Ltd.
Foreign corporate 2.68% 27,062,534
(HKSCC)
Bank of Communication – HSBC Jixin Double
Other 2.45% 24,749,432
Core Strategy Mixed Securities Investment Fund
BBH BOS S/A FIDELITY FD - CHINA FOCUS
Foreign corporate 1.75% 17,705,754
FD
Central Huijin Investment Ltd. State-owned 1.27% 12,811,200
3
无锡威孚高科技集团股份有限公司 2018 年第三季度报告正文
corporate
FIDELITY INVMT TRT FIDELITY INTL
Foreign corporate 0.55% 5,568,804
SMALL CAP FUND
State-owned
Huatai Securities Co., Ltd. 0.54% 5,481,598
corporate
Agricultural Bank of China – CIC 500 ETF Other 0.52% 5,294,649
RBC EMERGING MARKETS EQUITY FUND Foreign corporate 0.47% 4,760,065
Particular about top ten shareholders with un-restrict shares held
Amount of un-restrict Type of shares
Shareholders
common shares held Type Amount
WUXI INDUSTRY DEVELOPMENT GROUP CO.,
204,059,398 RMB common shares 204,059,398
LTD.
RMB common shares 115,260,600
ROBERT BOSCH GMBH 142,841,400
Domestically listed foreign shares 27,580,800
Hong Kong Securities Clearing Company Ltd.
27,062,534 RMB common shares 27,062,534
(HKSCC)
Bank of Communication – HSBC Jixin Double Core
24,749,432 RMB common shares 24,749,432
Strategy Mixed Securities Investment Fund
BBH BOS S/A FIDELITY FD - CHINA FOCUS FD 17,705,754 Domestically listed foreign shares 17,705,754
Central Huijin Investment Ltd. 12,811,200 RMB common shares 12,811,200
FIDELITY INVMT TRT FIDELITY INTL SMALL
5,568,804 Domestically listed foreign shares 5,568,804
CAP FUND
Huatai Securities Co., Ltd. 5,481,598 RMB common shares 5,481,598
Agricultural Bank of China – CIC 500 ETF 5,294,649 RMB common shares 5,294,649
RBC EMERGING MARKETS EQUITY FUND 4,760,065 Domestically listed foreign shares 4,760,065
Among the top ten shareholders, there has no associated relationship
Explanation on related relationship or concerted between Wuxi Industry Development Group Co., Ltd. and other
shareholders, the first largest shareholder of the Company; and they do not
action among the abovementioned shareholders belong to the consistent actionist regulated by the Management Measure of
Information Disclosure on Change of Shareholding for Listed Company.
Explanation on top 10 shareholders involving margin
Not applicable
business (if applicable) (see note 4)
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
The top ten common shareholders or top ten common shareholders with un-restrict shares held of the Company have no buy-back
agreement dealing in reporting period.
2. Total of shareholders with preferred stock held and the top ten shareholdings
□Applicable √Not applicable
4
无锡威孚高科技集团股份有限公司 2018 年第三季度报告正文
Section III. Important events
I. Particular about major changes from items of main accounting statements and financial
indexes as well as reasons
√ Applicable □Not applicable
(I) Changes of items of balance sheet and cause analysis:
1. Other account receivable: increased 13.9407 million Yuan over that of beginning of the year with
185.96% up, mainly due to the increase of intercourse funds between units;
2. Construction in progress: increased 81.4001 million Yuan over that of beginning of the year with 81.12%
up, mainly because equipment for technical improvement increased;
3. Short-term loans: increased 104.7551 million Yuan over that of beginning of the year with 43.11% up,
mainly because loans from subsidiary increased;
4. Taxes payable: decreased 36.9732 million Yuan over that of beginning of the year with 39.39% down,
mainly because income tax payables declined;
5. Deferred income tax liability: decreased 14.9778 million Yuan over that of beginning of the year with
86.05% down, mainly due to the sales of financial assets available for sale and decline of fair value;
6. Other comprehensive income: decreased 84.4024 million Yuan over that of beginning of the year with
96.83% down, mainly because the fair value of financial assets available for sale declined
(II) Changes of items of income statement and cause analysis:
1. Sales expenses: increased 39.08 million Yuan from last period, mainly because guarantee fee and salary for
sales increased on a y-o-y basis;
2. Financial expenses: decreased 16.03 million Yuan from last period, mainly because exchange earnings and
interest income increased on a y-o-y basis
(III) Changes of items of cash flow statement and cause analysis:
1. Net cash flow arising from investment activity: 2400.72 million Yuan declined as out-flow compared with same
period of last year, mainly because recovery of financial products due increased on a y-o-y basis;
2. Net cash flow arising from financing activity: 556.93 million Yuan increased as out-flow compared with same
period of last year, mainly because dividend distribution increased on a y-o-y basis.
II. Progress of significant events, their influences, and analysis and explanation of their
solutions
√ Applicable □Not applicable
(I) Proposed application for listing in the national middle and small enterprises stock transfer system by the
controlling subsidiary Weifu Tianli
On 25 October 2016, the 8th board of directors of the Company held the 9th meeting to consider and approve the
5
无锡威孚高科技集团股份有限公司 2018 年第三季度报告正文
proposal relating to proposed application for listing in the national middle and small enterprises stock transfer
system by the controlling subsidiary Ningbo Weifu Tianli Supercharging Technique Co., Ltd. on 30 December
2016, Weifu Tianli was served with the notice of acceptance from the National Middle and Small Enterprise Stock
Transfer System Company Limited (GP2016120120). The relevant announcements (No.: 2016-020, No.:
2016-023 and 2017-001) were published on China Securities Journal, Securities Times, Hong Kong Commercial
Daily and Juchao Information Website (http://www.cninfo.com.cn). At the current stage, this matter is in the
progress of consideration and approval.
(II) Parts of the joint-stock enterprise’s equity held by the Company freeze
1. On 6 March 2017, the Company received litigation documents mailed by Shenzhen Intermediate People’s Court
of Guangdong Province (hereinafter referred to as Shenzhen Intermediate People’s Court). The documents were
concerning about the dispute case that the plaintiff applicant China Cinda Asset Management Co., Ltd. Shenzhen
Branch appealed the respondent Weifu High Technology and other seven respondents and the third party
Shenzhen Hejun Venture Holding Co., Ltd. (hereinafter referred to as Hejun Company) damaged the interests of
corporate creditors, two cases are included in total. After civil ruling as No.(2016)Y03MC2490 and No.(2016)
Y03MC2492 from Shenzhen Intermediate People's Court, the assets under the name of above said eight
defendants 217 million Yuan in total are being seal up, seized or freeze. Ended as the reporting period, the 4.71
million shares of Miracle Logistics and 11,739,102 shares of SDEC Stock held by the Company has been freeze.
The first trial open dated 24 September 2017, and further courts will give until further notice.
2. The Company has applied to the Futian Court for compulsory liquidation of Hejun Company. Futian Court has
made a civil ruling ((2017) Yue 0304 QS No. 5) which ruled to execute compulsory liquidation to Hejun Company.
The Company will actively cooperate with the court to do the relevant liquidation work and safeguard the
legitimate rights and interests of the Company.
(III) In accordance with the 15th session of 8th BOD held on 26 March 2018, the Company plans to invest on the
E-round preferred stock issued by Protean Holdings Corp. and a Sino-foreign joint venture will establishes by the
two parties in China. According to the investment cooperation agreement, the company paid the initial investment
of 24 million US dollars on May 21, 2018. The company obtained the equity certificate of subscribing 10,212,765
shares of E-round preferred stock issued by Protean and became a shareholder of the Protean E-round preferred
stock with the equity certificate number of Number E-1, which certified that the Company was the stock holder of
10,212,765 shares under the name of Protean Company. Relevant works with joint venture concerned are still in
smooth process.
Disclosure
Overview Query index for interim notice
date
Proposed application for listing in 2016-10-27 (Notice No. 2016-023) Published on Juchao Website (www.cninfo.com.cn)
the national middle and small
enterprises stock transfer system by
2017-01-07 (Notice No. 2017-001) Published on Juchao Website (www.cninfo.com.cn)
the controlling subsidiary Weifu
Tianli
6
无锡威孚高科技集团股份有限公司 2018 年第三季度报告正文
Parts of the joint-stock enterprise’s 2017-03-08 (Notice No. 2017-002) Published on Juchao Website (www.cninfo.com.cn)
equity held by the Company freeze 2017-12-06 (Notice No. 2017-023) Published on Juchao Website (www.cninfo.com.cn)
The Company invest on the E-round 2018-03-28 (Notice No. 2018-003) Published on Juchao Website (www.cninfo.com.cn)
preferred stock issued by Protean
Holdings Corp. and a Sino-foreign
2018-05-30 (Notice No. 2018-014) Published on Juchao Website (www.cninfo.com.cn)
joint venture will establishes by the
two parties in China
III. Commitments 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
other related parties have fulfilled during the reporting period and have not yet fulfilled by the end of reporting period.
IV. Estimation of operation performance for year of 2018
Estimation of 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 of reason
□Applicable √Not applicable
V. Particular about security investment
√ Applicable □Not applicable
In RMB
Book Changes
Curre Profit
Account value at in fair Book
Variety Short Cumulativ nt and loss
Code of Initial ing the value of Current value at Sourc
of form of e fair value purch in the Accountin
securiti investm measure beginni the sales the end e of
securitie securitie ent cost changes in ase Reporti g subject
es ment ng of current amount of the stock
s s equity amou ng
model the profit period
nt Period
period and loss
Domesti Financial
Measure
c and 199,208 186,966 -52,859, -2,897,858 37,880, -52,805, 105,848 assets Own
600841 SDEC d by fair
foreign ,000.00 ,000.00 532.00 .24 000.00 846.59 ,940.00 available funds
value
stocks for sales
Domesti Financial
Miracle Measure
c and 69,331, 79,410, -37,632, 5,664,952. -37,397, 41,777, assets Own
002009 Logistic d by fair
foreign 500.00 600.00 900.00 50 400.00 700.00 available funds
s value
stocks for sales
7
无锡威孚高科技集团股份有限公司 2018 年第三季度报告正文
268,539 266,376 -90,492, 2,767,094. 37,880, -90,203, 147,626
Total -- 0.00 -- --
,500.00 ,600.00 432.00 26 000.00 246.59 ,640.00
Disclosure date of 2012-03-24
securities investment
2013-06-04
approval from the Board
VI. Trust financing
√ Applicable □Not applicable
In 10 thousand Yuan
Type Capital resources Amount for entrust Balance un-expired Overdue amount
Bank financing product Own funds 348,000 257,000.00 0
Trust financing products Own funds 112,790 97,808.00 0
Other Own funds 166,150 101,546.87 0
Total 626,940 456,354.87 0
Details of the single major amount, or high-risk trust investment with low security, poor fluidity and non-guaranteed:
√ Applicable □Not applicable
In 10 thousand Yuan
Amou Whet Summ
nt of her ary of
Ref Actu
reserve Wheth has the
eren al
Capita Anticipa for er entru items
Truste Sou ce colle
l Criteri ted Actual devalu approv st and
e rce S E ann cted
Trustee invest a for income gains/los ation ed by finan relate
institut Type Amount of tart nd ual gains
type ment fixing (if ses in of legal ce d
ion r fun date date rate /losse
purpos reward applicab period withdr proced plan query
name ds of s in
e le) awing ure in index
retu perio
(if (Y/N) the (if
rn d
applica futur applic
ble) e able)
Refere
nce
Bank Bank Colle
non-gua Ow annual
financi financi cted
ranteed n 2018- 2019- ized 5.00 10,012.6 10,012.6
Bank al 581,000 al by Y Y
floating fun 01-03 04-08 yield % 2 2
produc produc agree
income ds by
ts ts ment
agree
ment
Trust Non-gua Ow Collec Refere Colle
2018- 2019- 6.00
Trust financi ranteed 143,000 n tive nce 4,465.24 4,465.24 cted Y Y
01-04 01-28 %
ng floating fun trust annual by
8
无锡威孚高科技集团股份有限公司 2018 年第三季度报告正文
produc income ds schem ized agree
ts e yield ment
by
agree
ment
Refere
Fund nce
Colle
Non-gua Ow produc annual
Others cted
ranteed n 2018- 2019- ts with ized 7.00
(funds, Other 92,000 7,738.04 7,738.04 by Y Y
floating fun 01-04 09-09 fixed yield %
etc.) agree
income ds incom by
ment
e agree
ment
Total 816,000 -- -- -- -- -- -- 22,215.9 22,215.9 -- -- -- --
Entrust financial expected to be unable to recover the principal or impairment might be occurred
□ Applicable √ Not applicable
VII. Particulars about derivatives investment
□ Applicable √ Not applicable
The Company had no derivatives investment in Period.
VIII. Registration form of receiving research, communication and interview in the report
period
√ Applicable □Not applicable
Type of
Date Method Index for the interview and research
investors
Form 1 July to 30 Written The Company answered 36 questions for investors online through the investor relations
Other
September 2018 inquiry interactive platform(http://irm.p5w.net/dqhd/sichuan/)
Telephone
Form 1 July to 30 Basic condition of the Company and views on market in 2017, communication with
communicat Other
September 2018 investors by telephone more than 50
ion
IX. External security against the rules
□ Applicable √ Not applicable
The Company has no external security against the rules in the Period
9
无锡威孚高科技集团股份有限公司 2018 年第三季度报告正文
X. Controlling shareholders' and its related party's non-business capital occupying of the
listed company
□ Applicable √ Not applicable
There are no controlling shareholders' and its related party's non-business capital occupying of the listed company.
Board of Directors of
Weifu High-Technology Group Co., Ltd.
30 Oct. 2018
10
