Wafangdian Bearing Company Limited the Q3 abstract for 2016
Stock code：200706 Stock ID:*ST Wazhou B Announcement No.2016-35
Wafangdian Bearing Company Limited the Q3 abstract for 2016
Chapter I. Important Prompts
The board of directors, board of supervisors, directors, supervisors and the top management guarantee there is no false
record, misleading statement or major omission in the report, and take responsibilities for the truth, accuracy and
completeness of the contents.
Besides the following directors, all the other directors attended the Board meeting and discussed the report.
Name Post Reasons Assignee name
Tang Yurong director Busy work Fang Bo
The charger of company Mr. Meng Wei, financial controller Ms. Sun Najuan and the charger of accounting department
Ms. Yao Chunjuan made the statement: guarantee the truth, completeness of the financial report of the third quarter report.
Chapter II. Main financial dates and shareholder changes
2.1 Main accounting data and financial indicators
Unit: Yuan
+/-（％）compared between
2016.09.30 2015.12.31 the end of current period and
last year
Total assets(RMB) 3,508,307,604.58 3,523,969,203.48 -0.44%
Owner’s Equity Attributed to
Shareholders of Listed 1,294,893,175.92 1,348,464,975.33 -3.97%
Company(RMB)
2016.07-.09 +/-(%) to period 2016.01-.09 +/-(%) to period
Turnover(RMB) 570,651,513.49 2.16% 1,696,106,545.47 -1.77%
Net profit attributable to shareholders of
-9,787,613.48 141.60% -53,811,799.41 -15.44%
the listed company(RMB)
Net profit attributable to the shareholders
of the
-13,571,344.70 65.91% -68,834,817.99 -6.47%
listed company and after deducting of
non-recurring gain/loss(RMB)
Net Cash flow generated by business
19,185,989.65 -89.32%
operation(RMB)
Basic earnings per share(Yuan/share) -0.02 50.00% -0.13 -18.75%
Diluted earnings per share(Yuan/share) -0.02 50.00% -0.13 -18.75%
Net assets yield (%) -0.74% -0.44% 0.64% 0.64%
Abnormal profit and loss items
√Applicable □Not applicable
Unit: Yuan
Abnormal profit and loss items 2016.01-2016.09
Profits and losses relating to disposal of fixed assets 4,573,254.10
Government grants recorded into profit or loss during current
8,394,496.96
period
Profits and losses relating to the debt restructure 3,346,522.56
Other non-business income and expenditures other than the above 517,334.25
Less: Influenced amount of income tax 1,808,589.29
Total 15,023,018.58
For the Company‘s non-recurring gain/loss items as defined in the Explanatory Announcement No.1 on Information Disclosure
for Companies Offering their Securities to the Public–Non-recurring Gains and Losses and its non-recurring gain/loss items as
illustrated in the Explanatory Announcement No.1 on Information Disclosure for Companies Offering their Securities to the
Public–Non-recurring Gains and Losses which have been defined as recurring gains and losses, it is necessary to explain the
reason.
□Applicable √Inapplicable
2.2. The statement of total number of shareholders and the first 10 shareholders of current shares in
the end of the report period
Unit: Share
Total number of shareholder at the end of
7282
report period
The situation of the first 10 shareholders of current shares
Total shares Non-current Impawned or Frozen Shares
Name Nature Ratio（%）
held shares held Status Amount
Wafangdian Bearing State-owned
60.61% 244,000,000 244,000,000
Group Corporation shareholder
Foreign
AKTIEBOLAGET SKF 19.70% 79,300,000 0 Frozen 79,300,000
shareholder
Domestic
Huang Junyue 1.01% 4,050,000 0
shareholder
BOCI SECURITIES Foreign
0.55% 2,220,000 0
LIMITED shareholder
GUOTAI JUNAN
Foreign
SECURITIES(HONGK 0.47% 1,879,277
shareholder
ONG) LIMITED
Domestic
Hu Xiaofeng 0.46% 1,833,840 0
shareholder
Domestic
Jin Yunhua 0.33% 1,311,256 0
shareholder
CREDIT SUISSE
Foreign
(HONG KONG) 0.26% 1,049,915 0
shareholder
LIMITED
MAN,KWAI Foreign private
0.18% 713,101 0
WING文贵荣 shareholder
Domestic
Miao Jun 0.14% 550,000 0
shareholder
The situation of the first 10 shareholders of current shares
Category of Shares
Name Current shares held at end of year (Note 4)
Categories Amount
AKTIEBOLAGET SKF 79,300,000 B 79,300,000
Huang Junyue 4,050,000 B 4,050,000
1
BOCI SECURITIES LIMITED 2,220,000 B 2,220,000
GUOTAI JUNAN
1,879,277 B 1,879,277
SECURITIES(HONGKONG) LIMITED
Hu Xiaofeng 1,833,840 B 1,833,840
Jin Yunhua 1,311,256 B 1,311,256
CREDIT SUISSE (HONG KONG)
1,049,915 B 1,049,915
LIMITED
MAN,KWAI WING文贵荣 713,101 B 713,101
Miao Jun 550,000 B 550,000
Yang Yufei 502,278 B 502,278
There was no relationship and consistent activities between the first big shareholder and other
Notes to relationship or “action in
shareholders or the top ten common stock holders; The relationship among other shareholders,
concert”among the top ten shareholders.
top ten circulation shareholders, top ten circulation shareholders and other shareholders was
not clear.
Whether the top ten shareholders with common stock and top ten shareholders with unlimited common stock agree with the
company to buy back the stock or not?
□Applicable √Inapplicable
Chart of preferred stock shareholders and the first tenth shareholders holding shares
□Applicable √Inapplicable
Chapter III. Important Items
3.1 The great changes in company’s key financial statement, financial indicators, and the reasons
√Applicable □Not applicable
Unite:0000Yuan
Beginning End of year +/-(%) to
No. Items period Explanation
period
This period is mainly the increase in short-term
1 Monetary fund 20,538.1 11,631.6 76.6% borrowings of 108 million yuan, resulting in net cash
flow increased financing activities
Dividend reciivable with 240 thousand Yuan from
2 Dividend receivable - 24.0 -100.0%
ME at the beginning of the year
Accounts payable in The main part of the supplier's pre paid less than
3 1,385.4 3,267.4 -57.6%
advance the initial period
Accounts received in The main part of the customer's accounts
4 2,854.6 4,483.6 -36.3%
advance receivable early than the initial decrease
Mainly value-added tax and additional tax increase
5 Tax payable 1,520.4 607.4 150.3% compared with the beginning
Mainly has been proposed to increase the interest
6 Interest payable 215.0 140.0 53.6% rate of short-term loans increased
Non-current liabilities due Borrowings due within one year of the current
7 - 5,000 -100.0%
within I year period
2016.1.1- +/-(%) to
No. Items Last peirod Explanation
9.30 period
Loss of impairment of This is the main period of sales of goods in stock,
10 -575.6 -368.5 56.2%
assets stock prices back to 5 million 760 thousand yuan.
First, the disposal of fixed assets revenue increased
3 million 290 thousand yuan, the reason is the
disposal of the United States gasoline fixed assets,
11 Non-operating revenue 1,883.9 1,182.8 59.3% the two is to increase the assessment of the income
of 1 million 50 thousand yuan this year, three
government subsidies increased 4 million 730
thousand yuan
2
First, the loss of debt restructuring, an increase of 1
million 200 thousand, other expenses increased by
12 Non-operating cost 200.7 74.8 168.5% 530 thousand, the reason is that the current pay
employees a one-time personal injury damages 550
thousand
Other cash received
This period is mainly received government grants
13 relating to operating 836.6 222.9 275.3% increased
activities
Net cash received from
disposal of fixed assets, This period is mainly the sale of assets back to 10
14 1,000.0 6.4 15525.0%
intangible assets and other million
long-term assets
Cash paid to acquire fixed
This period is mainly paid mill processing
15 assets, intangible assets 4,909.9 1,027.9 377.6% equipment, 40 million 850 thousand yuan
and other long-term assets
The main period is ZWZ buy Dalian skf-wz Bearing
Cash paid to acquire
16 - 1,125.00 -100.0% Co., Ltd. 51% stake, the issuance of bank credit 11
investment
million 250 thousand yuan payment due
This is the main period of audit according to the end
Other cash received
of 2015, a collection of this generation will discount,
17 relating to investing -
33,884.43 while the accumulation in the sales of goods or
activities
services received cash. "
3.2 The situation of major items in progress and the analysis explanation on its effect and resolved
proposal.
None
3.3 The fulfillment of the items that the company, shareholder with more than 5% shares and the actual
controller etc. during the report period, or before it.
□ Applicable √Not applicable
3.4 Operation forecast for year 2016
□ Applicable √Not applicable
3.5 Security investment information
Statement of holding other listing company equity
□Applicable √Not applicable
3.6 Statement of holding other listing company equity
□Applicable √Not applicable
3.7 Derivative products investment information
□ Applicable √Not applicable
3.8 Reception of investigations,communications,or interviews in the report period
Time/date Place Way Type of visitors Visitors Index catalog
Telephone
July 1,2016 Office Private investor Private investor
communication
Telephone
August 1,2016 Office Private investor Private investor
communication
Telephone
August 2,2016 Office Private investor Private investor
communication
Telephone
September 13,2016 Office Private investor Private investor
communication
September 22,2016 Office Telephone Private investor Private investor
3
communication
4