Stock code: 000596, 200596 Stock name: Gujing Distillery, Gujing Distillery B Announcement No.: 2016-008
Anhui Gujing Distillery Company Limited
Abstract of the Report for the First Quarter of 2016
Gujing Distillery Original Chinese Spirits Abstract of the Report for the First Quarter of 2016 of Anhui Gujing Distillery Company Limited
Section I Important Statements
The Board of Directors, the Supervisory Committee as well as all directors,
supervisors and senior management staff of Anhui Gujing Distillery Company
Limited (hereinafter referred to as “the Company”) warrant that this report is
factual, accurate and complete without any false record, misleading statement or
material omission. And they shall be jointly and severally liable for that.
All directors attended the board session for reviewing this report.
Liang Jinhui, company principal, Ye Changqing, chief of the accounting work,
and Zhu Jiafeng, chief of the accounting organ (chief of accounting), hereby
confirm that the financial statements enclosed in this report are factual, accurate
and complete.
This report is prepared in both Chinese and English. Should there be any
discrepancy between the two versions, the Chinese version shall prevail.
2
Gujing Distillery Original Chinese Spirits Abstract of the Report for the First Quarter of 2016 of Anhui Gujing Distillery Company Limited
Section II Financial Results and Changes in Shareholders
I Financial results
Whether the Company performed any retroactive adjustments to or restatement of its accounting data due to changes of accounting
policies or correction of accounting errors
□ Yes √ No
January-March 2016 January-March 2015 +/-%
Operating revenues (RMB) 1,843,478,461.71 1,667,266,446.81 10.57%
Net profit attributable to shareholders of
344,007,925.98 302,810,177.34 13.61%
the Company (RMB)
Net profit attributable to shareholders of
the Company after exceptional profit and 339,439,775.36 297,882,968.56 13.95%
loss (RMB)
Net operating cash flow (RMB) 475,909,121.05 308,110,106.39 54.46%
Basic earnings per share (RMB/share) 0.68 0.600 13.33%
Diluted earnings per share (RMB/share) 0.68 0.600 13.33%
Weighted average return on equity 6.90% 6.97% -0.07%
31 March 2016 31 December 2015 +/-%
Total assets (RMB) 8,360,869,740.39 7,183,147,641.13 16.40%
Net assets attributable to shareholders of
5,155,255,499.41 4,833,721,630.08 6.65%
the Company (RMB)
Exceptional profit and loss
√ Applicable □ Not applicable
Unit: RMB
Item January-March 2016 Note
Profit/loss on disposal of non-current assets (including offset
-42,745.30
amount of asset impairment provisions)
Government grants charged to the profit/loss for the Reporting
Period (except for the government grants closely related to the
1,600,822.25
business of the Company and given at a fixed quota or amount in
accordance with the State’s uniform standards)
Gains and losses on change in fair value from tradable financial
assets and tradable financial liabilities, as well as investment
income from disposal of tradable financial assets and tradable
2,215,724.08
financial liabilities and financial assets available for sales except
for effective hedging related with normal businesses of the
Company
3
Gujing Distillery Original Chinese Spirits Abstract of the Report for the First Quarter of 2016 of Anhui Gujing Distillery Company Limited
Non-operating income and expense other than the above 2,317,066.46
Less: Income tax effects 1,522,716.87
Total 4,568,150.62 --
Explain the reasons if the Company classifies an item as exceptional profit/loss according to the definition in the Explanatory
Announcement No. 1 on Information Disclosure for Companies Offering Their Securities to the Public—Exceptional Profit and Loss,
or classifies any exceptional profit/loss item mentioned in the said explanatory announcement as recurrent profit/loss
□ Applicable √ Not applicable
No such cases in the Reporting Period.
II Total number of shareholders at the period-end and shareholdings of top ten shareholders
1. Numbers of common shareholders and preference shareholders with resumed voting rights as well as
shareholdings of top ten shareholders
Unit: share
Total number of preference
Total number of common shareholders with resumed
19,299 Not applicable
shareholders at the period-end voting rights at the period-end
(if any)
Shareholdings of top ten shareholders
Number of Pledged or frozen shares
Name of Nature of Shareholding Number of shares
restricted shares
shareholder shareholder percentage held Status of shares Number of shares
held
ANHUI GUJING
GROUP State-owned
53.89% 271,404,022 Pledged 114,000,000
COMPANY corporation
LIMITED
GAOLING Foreign
2.47% 12,446,408
FUND,L.P. corporation
UBS
Foreign
(LUXEMBOUR 2.45% 12,344,299
corporation
G) S.A.
Foreign
NORGES BANK 1.99% 10,002,859
corporation
GREENWOODS
Foreign
CHINA ALPHA 1.71% 8,627,598
corporation
MASTER FUND
CENTRAL
State-owned
HUIJIN 1.30% 6,543,600
corporation
INVESTMENT
4
Gujing Distillery Original Chinese Spirits Abstract of the Report for the First Quarter of 2016 of Anhui Gujing Distillery Company Limited
CO., LTD.
CHINA INT'L
CAPITAL CORP
Foreign
HONG KONG 1.12% 5,660,171
corporation
SECURITIES
LTD
CHINA
SECURITIES
State-owned
FINANCE 1.04% 5,235,494
corporation
CORPORATION
LIMITED
CHINA
CONSTRUCTIO
N BANK
CORPORATION
－ E FUND
NEW SILK
ROAD Other 0.80% 4,016,719
FLEXIBLE
CONFIGURATI
ON HYBRID
SECURITIES
INVESTMENT
FUNDS
GOLDEN
Foreign
CHINA 0.75% 3,786,434
corporation
MASTER FUND
Shareholdings of top ten non-restricted shareholders
Variety of shares
Name of shareholder Number of non-restricted shares held
Variety Number
ANHUI GUJING GROUP RMB common
271,404,022 271,404,022
COMPANY LIMITED shares
Domestically
GAOLING FUND,L.P. 12,446,408 listed foreign 12,446,408
shares
Domestically
UBS (LUXEMBOURG) S.A. 12,344,299 listed foreign 12,344,299
shares
Domestically
NORGES BANK 10,002,859 listed foreign 10,002,859
shares
5
Gujing Distillery Original Chinese Spirits Abstract of the Report for the First Quarter of 2016 of Anhui Gujing Distillery Company Limited
Domestically
GREENWOODS CHINA ALPHA
8,627,598 listed foreign 8,627,598
MASTER FUND
shares
CENTRAL HUIJIN INVESTMENT RMB common
6,543,600 6,543,600
CO., LTD. shares
Domestically
CHINA INT'L CAPITAL CORP
5,660,171 listed foreign 5,660,171
HONG KONG SECURITIES LTD
shares
CHINA SECURITIES FINANCE RMB common
5,235,494 5,235,494
CORPORATION LIMITED shares
CHINA CONSTRUCTION BANK
CORPORATION － E FUND
NEW SILK ROAD FLEXIBLE RMB common
4,016,719 4,016,719
CONFIGURATION HYBRID shares
SECURITIES INVESTMENT
FUNDS
Domestically
GOLDEN CHINA MASTER FUND 3,786,434 listed foreign 3,786,434
shares
Among the shareholders above, no affiliated relationship exists between the Company’s
controlling shareholder—Anhui Gujing Group Company Limited—and other shareholders,
Explanation on associated
nor they are parties acting in concert as defined in the Administrative Measures on
relationship or persons acting in
Information Disclosure of Changes in Shareholding of Listed Companies. As for other
concert among the above-mentioned
shareholders, the Company does not know whether they are related parties or whether they
shareholders:
belong to parties acting in concert as defined in the Administrative Measures on Information
Disclosure of Changes in Shareholding of Listed Companies.
Top ten non-restricted common
shareholders taking part in margin
Not applicable
financing and securities lending (if
any)
Did any of the top ten common shareholders or the top ten non-restricted common shareholders of the Company conduct any
promissory repo during the Reporting Period?
□ Yea √ No
No such cases in the Reporting Period.
2. Total number of preference shareholders and shareholdings of the top ten of them
□ Applicable √ Not applicable
6
Gujing Distillery Original Chinese Spirits Abstract of the Report for the First Quarter of 2016 of Anhui Gujing Distillery Company Limited
Section III Significant Events
I Changes in major accounting statement items and financial indicators for the Reporting
Period, as well as reasons for such changes
√ Applicable □ Not applicable
1,notes receivable 1376595987.41 yuan, compared with the beginning to increase the number of 155.19%, the main reason is that the
increase in sales revenue;
2, in the construction period of 20539166.98 yuan, 67.17% less than the beginning of the period, the main reason is: to use state
assets transferred to fixed assets;
At the end of 3, payable 158240262.03 yuan, an increase of 68.76% over the beginning of the period, the main reason is that this
period take the bank acceptance bill with suppliers payment increase;
4, the final payment in advance of 990566340.70 yuan, an increase of 62.77% over the beginning of the period, the main reason is
that the increase in sales orders;
5, financial fee for the period the cumulative occurrence amount of $-3603168.29, 33.96% increase from the same period a year
earlier, the main reason is caused by changes in the bank financial products revenue cycle;
6, net cash flows from operating activities 475909121.05 yuan, 54.46% increase from the same period a year earlier, the main reason
is due to the increase of days sales outstanding;
7, other payment period of 830,219,817.68 yuan, an increase of 83.60% compared with the beginning of the period, the main reason
is: received an increase in margin.
II Progress of significant events and analysis & explanations on their influence and solutions
□ Applicable √ Not applicable
III Commitments of the Company, its shareholders, actual controller, acquirer, directors,
supervisors, senior management or other related parties fulfilled in the Reporting Period or
ongoing at the period-end
□ Applicable √ Not applicable
No such cases in the Reporting Period.
IV Operating result forecast for January-June 2016
Warning of possible loss or considerable YoY change of the accumulated net profit made during the period-beginning to the end of
the next reporting period according to prediction, as well as explanations on the reasons:
□Applicable √ Not applicable
V Securities investments
√ Applicable □ Not applicable
7
Gujing Distillery Original Chinese Spirits Abstract of the Report for the First Quarter of 2016 of Anhui Gujing Distillery Company Limited
Shareholdi Gain/lo
Number Number Shareholdi
Variety Code Name ng ss for
Initial of shares of shares ng Closing
of of of percentage reportin Accounting Source of
investment held at held at percentage book value
securiti securiti securiti at g title stock
cost (RMB) period-be period-e at (RMB)
es es es period-beg period
gin nd period-end
in (RMB)
Available-for-s
29,532,821.5 10,485,10 10,485,1 35,649,340.0 Self-own
Stock 601988 ZGYH 0.00 ale financial
3 0 00 0 ed funds
assets
Available-for-s
20,571,856.7 2,219,72 23,617,820.8 Self-own
Stock 000001 PAYH 2,219,720 0.00 ale financial
9 0 0 ed funds
assets
Available-for-s
91,133,996.8 6,445,12 124,648,620. Self-own
Stock 600373 ZWCM 6,445,120 0.00 ale financial
0 0 80 ed funds
assets
141,238,675. 19,149,94 19,149,9 183,915,781.
Total -- -- 0.00 -- --
12 0 40 60
Disclosure date of the
board announcement on
approval of the securities
investment
Disclosure date of the
general meeting
announcement on
approval of the securities
investment (if any)
VI Investments in derivative financial instruments
□ Applicable √ Not applicable
No such cases in the Reporting Period.
VII Visits paid to the Company in the Reporting Period for purposes of research,
communication, interview, etc.
□ Applicable √ Not applicable
No such cases in the Reporting Period.
VIII Illegal provision of guarantees for external parties
□ Applicable √ Not applicable
No such cases in the Reporting Period.
8
Gujing Distillery Original Chinese Spirits Abstract of the Report for the First Quarter of 2016 of Anhui Gujing Distillery Company Limited
IX Occupation of the Company’s funds by the controlling shareholder or its related parties
for non-operating purposes
□ Applicable √ Not applicable
No such cases in the Reporting Period.
9
