Bengang Steel Plates Co., Ltd. The 1st Quarterly Report 2013 Official Text
Stock Code: 000761 Stock ID: Bengangbancai, Bengangban B Announcement No. 2013-003
Bengang Steel Plates Co., Ltd.
The 1st Quarterly Report 2013 Official Text
April 2013
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Bengang Steel Plates Co., Ltd. The 1st Quarterly Report 2013 Official Text
Chapter I. Important Statement
The Board of Directors, the Supervisory Committee, the directors, the supervisors and the executives of the
Company guarantee that there are no significant omissions, fictitious or misleading statements carried in the
Report and we will accept individual and joint responsibilities for the truthfulness, accuracy and completeness of
the Report.
Chairman of the Board – Zhang Xiaofang, Chief Financial Officer – Mr. Cao Aimin, and Head of Accounting
Dept. – Mr. Wang Shaoyu hereby declare: the authenticity and integrality of the report are guaranteed.
All of the directors presented the board meeting at which this Quarterly Report was examined.
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Bengang Steel Plates Co., Ltd. The 1st Quarterly Report 2013 Official Text
Chapter II. Financial Highlights and Change of Shareholders
I. Major Financial Data and Indicies
Was there any retrospective adjustment or restatement
[] Yes [V] No
Increase/decrease
Jan-Mar 2013 Jan-Mar 2012
(%)
Turnover (RMB) 11,164,968,781.08 10,681,123,455.80 4.53%
Net profit attributable to shareholders of the listed company (yuan) 102,861,884.34 88,094,799.55 16.76%
Net profit attributable to the shareholders of the listed company and
92,877,223.31 87,811,390.16 5.77%
after deducting of non-recurring gain/loss(RMB)
Net Cash flow generated by business operation (RMB) -653,089,936.96 579,960,675.89 -212.61%
Basic earnings per share (Yuan/share) 0.03 0.03 0%
Diluted earnings per share (Yuan/share) 0.03 0.03 0%
Weighted average net
0.67% 0.56% 0.11%
income/asset ratio (%)
Mar 31 2013 Dec 31 2012 Changed by (%)
Gross Assets (RMB) 38,646,198,335.41 38,326,373,659.17 0.83%
Net asset attributable to owners of the PLC 15,388,741,072.24 15,280,805,514.53 0.71%
Non-recurring gain/loss items and amounts
[V] Applicable Not applicable
In RMB Yuan
Amount of the period from the
Items beginning of year to the end of Remarks
report term
Gain/loss from disposal of non-current assets (includes the recovered part of asset
1,176.92
impairment provision already provided)
Gains and losses included in the current period of government subsidies, excluding those
government grants which are closely related to normal business and in line with national 3,290,000.00
policy , or in accordance with fixed standards or quantities
Gain/loss from debt reorganization 9,356,398.96
Other non-business income and expenditures other than the above 665,305.49
Influenced amount of income tax 3,328,220.34
Total 9,984,661.03 --
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Bengang Steel Plates Co., Ltd. The 1st Quarterly Report 2013 Official Text
II. Total of shareholders and top-10 holders of current shares at end of period
in shares
Total shareholders at the end of the report period 55,881
Top 10 Shareholders
Properties of Share proportion Amount of unconditional Frozen or pledged
Name of the shareholder Amount of shares
shareholder (%) shares held Status of shares Amount
State-owned
Benxi Steel (Group) Ltd. 82.07% 2,573,632,420
legal person
GOVERNMENT OF SINGAPORE Overseas legal
0.88% 27,589,238
INV. CORP.- A/C "C" person
China Construction Bank –
Shangtou Morgan China Advantage 0.6% 18,700,000
Securities Investment Fund
GSIC A/C MONETARY Overseas legal
0.34% 10,754,117
AUTHORITY OF SINGAPORE person
Domestic
Zhou Jie 0.33% 10,465,000
natural person
MORGAN STANLEY & CO. Overseas legal
0.3% 9,317,318
INTERNATIONAL PLC person
BBH A/C VANGUARD
Overseas legal
EMERGING MARKETS STOCK 0.18% 5,561,100
person
INDEX FUND
Overseas legal
APS CHINA ALPHA FUND 0.15% 4,616,701
person
NOMURA TST N BK CO.,LTD
Overseas legal
ATTF ASIA ATTR DIV STK FD 0.14% 4,333,386
person
MTH FD
Taifook Securities Company Overseas legal
0.14% 4,277,109
Limited-Account Client person
Top 10 holders of unconditional shares
Category of shares
Name of the shareholder Amount of shares without trade limited conditions
Category of shares Amount
Benxi Steel (Group) Ltd. 2,573,632,420 RMB common shares 2,573,632,420
GOVERNMENT OF SINGAPORE INV. CORP.- Foreign shares placed in
27,589,238 27,589,238
A/C "C" domestic exchange
China Construction Bank – Shangtou Morgan
18,700,000 RMB common shares 18,700,000
China Advantage Securities Investment Fund
GSIC A/C MONETARY AUTHORITY OF Foreign shares placed in
10,754,117 10,754,117
SINGAPORE domestic exchange
Foreign shares placed in
Zhou Jie 10,465,000 10,465,000
domestic exchange
MORGAN STANLEY & CO. INTERNATIONAL Foreign shares placed in
9,317,318 9,317,318
PLC domestic exchange
BBH A/C VANGUARD EMERGING MARKETS Foreign shares placed in
5,561,100 5,561,100
STOCK INDEX FUND domestic exchange
Foreign shares placed in
APS CHINA ALPHA FUND 4,616,701 4,616,701
domestic exchange
NOMURA TST N BK CO.,LTD ATTF ASIA ATTR Foreign shares placed in
4,333,386 4,333,386
DIV STK FD MTH FD domestic exchange
Taifook Securities Company Limited-Account Foreign shares placed in
4,277,109 4,277,109
Client domestic exchange
It is unknown to the Company whether there is any related connection or ‘Action in Concert’ as described
Notes to relationship or “action in concert” among
by Rules of Information Disclosing Regarding Changing of Shareholding Status of Listed Companies
the top ten shareholders.
existing among the above shareholders.
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Bengang Steel Plates Co., Ltd. The 1st Quarterly Report 2013 Official Text
Chapter III. Significant Issues
I. Particulars and causations of material change in major accounting items and indices
* Major items in the consolidated statements which have changed by over 30% and causations
I. Balance sheet items Percentage of Causations
change
Tax payable -413% Decrease of VAT payable
Interest payable 43% Increase of interest to be calculated on loans repaid with
interest
Long-term loans -33% Increase of transferring from long-term loans to long-term
loans due in one year
Special reserves 1630% Decrease of safety fee provided
* Major items in the consolidated statements which have changed by over 30% and causations
II. Income statement items Percentage of Causations
change
Sales expenses 32% Increase of freight and port fee
Administration expenses -32% Social insurances of employees are transferred to
production cost or expenses according to the objects of
services
Non-operational income 2493% Increase of gains from debt reorganizing
Non-operational expenses -100% Decrease of loss from fixed asset disposal
Minority shareholders’ equity 345% Increase of loss of controlled subsidiaries
III. Cash flow statement Percentage of Causations
change
Tax refund received -91% Decrease of tax refund received
Taxes paid 70% Increase of VAT
Cash paid for construction of fixed assets, -32% Decrease of cash paid for construction project
intangible assets and other long-term assets
II. Analyze of significant issues and solutions
None
Summary of material issues Date of disclosure Index of provisional announcement
III. Business forcasting for Jan-Jun 2013
Alert of loss or significant change in net profit from the beginning of year to the end of next report period or comparing with the
same period of last year, and statement of causations.
[] Applicable; [V] Not applicable
IV. Reception of investigation, commmunication, or visiting in report period
Main content involved and
Time/date Place Way Type of visitors Visitors
material provided
Office of the
Jan 31 2013 Field research Institute Jiashi Foundation Business operation
secretary of Board
Office of the
Feb 27 2013 Field research Institute Galaxy Securities Business operation
secretary of Board
Pengyuan Credit
Office of the
Mar 04 2013 Field research Institute Assessment Co., Business operation
secretary of Board
Ltd.
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Bengang Steel Plates Co., Ltd. The 1st Quarterly Report 2013 Official Text
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