Wafangdian Bearing Compnay Limited The Q1 Report for 2020
Stock Code: 200706 Stock Short Form: Wazhou B Report Code: 2020-05
Wafangdian Bearing Company Limited
The First Quarterly Report for 2020
(Main Text)
§ 1 Important Notes
The Board of Directors, Board of Supervisors, directors, supervisors, and top management of the Company hereby
guaranteed that there are no false records, misleading statements, and major omits in this report, and assumed the individual
and associated responsibilities for the truth, accuracy and completeness of the contents.
All directors attended the Board meeting and discussed the report.
Chairman of the Board Mr. Liu Jun, Financial manager Ms.Sun Najuan, Accounting charger Ms.Sun Najuan hereby
confirms that the Financial Report of the quarterly report is true and complete.
§ 2 Major accounting data and shareholder change
I .Major accounting data and financial indexes
Whether the company needs to retroactively adjust or restate previous accounting data
Applicable Inapplicable
Unit: RMB
Jan-Mar 2020 Jan-Mar 2019 +/- to previous
Operating income(Yuan) 443,933,160.23 475,596,504.32 -6.66%
Net profits attributed Shareholders(Yuan) 3,566,509.45 3,072,545.00 16.08%
Net profit (yuan) deducting non-recurring gains
and losses attributable to shareholders of the 480,209.31 53,267.40 801.51%
listed company
Net cash flows from operation activities 18,583,796.31 -40,453,537.22 -145.94%
Basic gains on per share 0.01 0.01 0.00%
Diluted gains on per share 0.01 0.01 0.00%
Weighted average return on equity(yuan) 0.29% 0.22% 0.07%
2020.3.31 2019.3.31 +/- to previous
Total assets(yuan) 3,113,471,137.68 2,961,477,469.55 5.13%
Owners’ equity (shareholders’ equity)(yuan) 1,230,008,293.61 1,226,441,398.45 0.29%
Items of non-recurring gains and losses
Applicable □ Inapplicable
Unit: RMB
Amount from the beginning
Items of the year to the end of the Note
reporting period
Gains and losses included in the current period of government subsidies,
excluding those government grants which are closely related to normal
1,070,896.92
business and in line with national policy, or in accordance with fixed
standards or quantities
Profit of loss from debts restructuring 615,294.66
Other non-business income and expenditures other than the above 出 1,509,610.29
Influenced amount of income tax 109,501.73
Total 3,086,300.14 --
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Wafangdian Bearing Compnay Limited The Q1 Report for 2020
For the company according to the "Company Information Disclosure of Securities for Public Issuance Explanatory Announcement No. 1 -
Non-Recurring Profit and Loss "define non-recurring gains and losses as defined in the project, and put the "company information disclosure of
securities for public issuance explanatory announcement No. 1 - non-recurring profit and loss of non-recurring profit and loss items "defined as
listed in the current profits and losses of the project, should be explained the reasons.
Applicable Inapplicable
During the reporting period of the company, there is no circumstance that the non-recurring profit and loss items listed in the explanatory notice no.
1 -- non-recurring profit and loss of the company information disclosure of publicly issued securities are defined as recurring profit and loss items.
II .Total number of shareholders at the end of the report period and shares held by the top ten shareholders
1、Table of the total number of common shareholders and the number of preferred shareholders and the
shareholding status of the top 10 shareholders
Unit:: Share
Total number of shareholder at the end Total number of shareholder at the end of report
6,249 0
of report period period with preferred stock (if any)
The holdings of the top 10 shareholders
Impawned or Frozen Shares
Total shares Non-current
Name Nature Ratio
held shares held
Status Amount
Wafangdian
State-owned
Bearing Group 60.61% 244,000,000 244,000,000
shareholder
Corporation
AKTIEBOLAGET Foreign
19.70% 79,300,000
SKF shareholder
China Merchants
State-owned
Securities Hong 1.90% 7,654,492
shareholder
Kong Limitied
Domestic
Huang Junyue 1.66% 6,672,268
shareholder
Domestic
Hu Xiaofeng 0.47% 1,879,277
shareholder
GUOTAI JUNAN
Foreign
SECURITIES(HON 0.37% 1,473,406
shareholder
GKONG) LIMITED
BOCI
Foreign
SECURITIES 0.24% 980,000
shareholder
LIMITED
Domestic
Jin Yunhua 0.21% 828,926
shareholder
Domestic
Chen Haitao 0.19% 750,996
shareholder
MAN,KWAI Domestic
0.18% 713,101
WING 文贵荣 shareholder
Top Ten Tradable Shareholders
Category of Shares
Name Current shares held at end of year
Categories Amount
AKTIEBOLAGET SKF 79,300,000 B 79,300,000
China Merchants Securities Hong Kong
7,654,492 B 7,654,492
Limitied
Huang Junyue 6,672,268 B 6,672,268
Hu Xiaofeng 1,879,277 B 1,879,277
GUOTAI JUNAN
1,473,406 B 1,473,406
SECURITIES(HONGKONG) LIMITED
BOCI SECURITIES LIMITED 980,000 B 980,000
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Wafangdian Bearing Compnay Limited The Q1 Report for 2020
Jin Yunhua 828,926 B 828,926
Chen Haitao 750,996 B 750,996
MAN,KWAI WING 713,101 B 713,101
Meng Qinglliang 694,948 B 694,948
Explanation for the Affiliated Relations or
United Action of the Top Ten There was no relationship and consistent activities between the first big shareholder and other
shareholders or the top ten common stock holders; The relationship among other shareholders, top ten
Shareholders and the Top Ten Tradable circulation shareholders, top ten circulation shareholders and other shareholders was not clear.
Shareholders
Whether the top 10 common shareholders of the company and the top 10 common shareholders of the company with unlimited
conditions of sale shall carry out the agreed repurchase transaction during the reporting period
□ Yes √No
The top 10 common shareholders of the company and the top 10 common shareholders with unlimited conditions of sale did not
carry out the agreed repurchase transaction during the reporting period.
2. Table of the total number of preferred shareholders and the shareholding status of the top 10 preferred
shareholders
Applicable Inapplicable
§ 3 Significant items
1 Particulars dates changes over 30% in items of main accounting statement and financial index , and explanations of
reasons
√Applicable□Inapplicable
Unite:0000RMB Yuan
Closing Opening (+/_) (+/_)
No. Item Reasons for Change
Amount Amount Amount Ratio
Is basically current bank deposit increases compared
1 Monetary fund 30,760 18,365 12,395 67.5% with the beginning of the year, because this money
funds increases compared with the beginning of the
year
The amount of commercial paper receivable that has
2 Receivables 5,385 3,841 1,544 40.2% been endorsed or discounted but has not matured
financing increased from the beginning
3 Other current assets 67 351 -284 -80.9% Input tax is lower than at the beginning of the year
4 Salary payable 1,341 2,369 -1,028 -43.4% Initial benefit award
Current The same
(+/_) (+/_)
Item reporting period last Reasons for Change
Amount Ratio
period year
5 Cost of sales 2,378 3,586 -1,208 -33.7% Mainly is the year-on-year decrease in wages and
travel expenses
6 Research and 4,623 154 4,469 2901.9% Including the cost of manufacturing
development costs research and development expense
During the same period, we received the grant for
7 Other income 107 184 -77 -41.8% the project of automatic detection line before the
railway freight car bearing ring assembly
8 Non-operating 225 160 65 40.6% Mainly is the debt restructuring gains
income
9 Non-operating 12 7 5 71.4% Increase losses on debt restructuring
expenses
To receive other cash Liaoyang bearing received the land payment from
10 related to operating 144 6,148 -6,004 -97.7% the land payment center during the same period
activities
11 Payment of other 3,229 9,618 -6,389 -66.4% The land payment paid by liao axis to baolin
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Wafangdian Bearing Compnay Limited The Q1 Report for 2020
cash related to company during the same period
operating activities
Net cash recovered
from the disposal of
12 fixed assets, 0 80 -80 -100.0% Received equipment payment from Harbin Ruiying
intangible assets and metal material recovery co., LTD
other long-term
assets
13 To obtain the cash 6,000 0 6,000 Short-term loan from China construction bank
received on a loan during this reporting period
Other cash received
14 in connection with 4,157 9,219 -5,062 -54.9% Mainly due to the impact of financing, the current
fund-raising period received other cash related to financing
activities activities decreased
Payment of debt in Mainly due to the impact of reverse loans, so that
15 cash 0 5,000 -5,000 -100.0% the current debt repayment of cash payments
compared with the same period
16 Payment of other Mainly is Rongyida financing and orders under the
cash related to 0 4,200 -4,200 -100.0% currency financing repayment decreased
financing activities
The effect of
exchange rate
17 fluctuations on cash 85 -97 182 -187.6% Subject to exchange rate fluctuations
and cash equivalents
2 .Progress of significant events, their influence, and analysis and explanation of their solutions
□Applicable √Inapplicable
Implementation progress of share repurchase
□Applicable √Inapplicable
Implementation progress of share buyback reduction through centralized bidding
□Applicable √Inapplicable
3.The company, shareholders, actual controller, the acquirer, directors, supervisors and senior management
personnel or other related parties to fulfill commitments and the final report has not been fulfilled in the reporting
period
□Applicable √Inapplicable
During the reporting period of the company, there are no commitments made by the actual controller, shareholders, related parties, acquirers and
other relevant parties of the company that have not been fulfilled within the reporting period.
4. Particular about security investment
□Applicable √Inapplicable
There is no security investment in the company during the reporting period.
5.entrust financial management
□Applicable √Inapplicable
The report period of the company does not exist entrusted financial management.
6 Particular about derivatives
□Applicable √Inapplicable
There is no derivative investment during the reporting period.
7 Activities on receiving research, communication and interview in the report period
Applicable □Inapplicable
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Wafangdian Bearing Compnay Limited The Q1 Report for 2020
Time Method Object Content and documents supplied
2020.01.16 Telephone communication Private investor The company's production and operation situation
2020.02.24. Telephone communication Private investor The company's production and operation situation
8 Illegal external guarantee
□Applicable √Inapplicable
There is no violation of external guarantee during the reporting period.
9 Controlling shareholder and its related parties to the listing Corporation's non operating funds
□Applicable √Inapplicable
During the reporting period of the company, there is no non-operating capital occupied by the controlling shareholder or its related parties to the
listed company.
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