上海二纺机股份有限公司
2006年半年度报告
2006年8月17日
重要提示、释义及目录
本公司董事会、监事会及董事、监事、高级管理人员保证本报告所载资料不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。
公司董事崔翎先生因有重要公务，未能亲自出席会议，委托梅建中董事代为行使表决权。
公司法定代表人郑元湖、财务总监梅建中、财务部经理陈志虎声明：保证半年度报告中财务报告的真实、完整。
本报告分别以中、英文两种文字编制，在对两种文本的理解发生歧义时，以中文文本为准。
公司半年度报告未经审计。
目 录
1、公司基本情况 ----------------------------------- 3
2、股本变动和主要股东持股变动情况 ----------------- 5
3、董事、监事、高级管理人员情况 ------------------- 7
4、管理层讨论与分析 ------------------------------- 8
5、重要事项 --------------------------------------- 12
6、财务会计报告 ---------------------------------- 18
7、备查文件目录 -----------------------------------52
第一节、公司基本情况
（一）公司法定中文名称: 上海二纺机股份有限公司
公司法定英文名称: SHANGHAI ERFANGJI CO.,LTD.
（二）股票上市证券交易所： 上海证券交易所
A、B股简称： G二 纺 机 二纺Ｂ股
A、B股代码： 600604 900902
（三）公司注册地址： 上海市场中路６８７号
公司办公地址： 上海市场中路６８７号
邮政编码： 200434
公司互联网网址： http://www.shefj.com
公司电子信箱： shej @ public7.sta.net.cn
（四）法定代表人姓名： 郑元湖
（五）董事会秘书： 李 勃
联系地址： 上海市场中路６８７号
联系电话： 021-51265073
传真： 021-65318494
电子信箱： shej@public7.sta.net.cn
证券事务代表： 吴 涛
联系地址： 上海市场中路６８７号
联系电话： 021-51265073
传真： 021-65318494
电子信箱： wutao@shefj.com
（六）公司半年度报告刊登报刊： 《上海证券报》、香港《大公报》
上海证券交易所互联网网址： http://www.sse.com.cn
公司半年度报告备置地点： 上海市场中路687号
上海二纺机股份有限公司
（七）其他有关资料
公司首次注册资本为:30,398.69万元
公司注册资本额的演变过程：
1993年10月7日于上海市工商行政管理局变更登记为42,558.17万元;
1995年12月12日于上海市工商行政管理局变更登记为46,183.98万元;
1996年7月23日于上海市工商行政管理局变更登记为51,495.38万元;
1997年6月25日于上海市工商行政管理局变更登记为56,644.92万元;
企业法人营业执照注册号： 企股沪总字第019003号（市局）
税务登记号码： 国税沪字第 310042607225505 号
公司聘请的会计师事务所名称： 上海立信长江会计师事务所有限公司
浩华国际会计师事务所
办公地址： 上海市南京东路61号
香港湾仔港湾道18号中环广场2001室
（八）主要财务数据和指标
1 主要会计数据和财务指标
单位:元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
项目 本报告期末 上年度期末 本报告期末比
上年度期末增
减（％）
流动资产 656,122,793. 817,388,322.39 -19.73
46
流动负债 507,949,035. 684,645,066.71 -25.81
51
总资产 1,186,704,00 1,362,411,629. -12.90
3.15 19
股东权益（不含少数股 666,201,027. 663,658,744.06 0.38
东权益） 23
每股净资产(元) 1.176 1.172 0.34
调整后的每股净资产(元 1.133 1.130 0.27
)
报告期（1－6 上年同期 本报告期比上
月） 年同期增减（
％）
净利润 2,263,356.88 3,033,158.61 -25.38
扣除非经常性损益的净 -13,088,630. 391,586.45 ----
利润 59
每股收益(元) 0.0040 0.0054 -25.93
每股收益注1(元)
净资产收益率(%) 0.34 0.46 下降0.12个百
分点
经营活动产生的现金流 -45,389,194. -27,522,704.05 ----
量净额 91
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
2、扣除非经常性损益项目和金额
单位:元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
非经常性损益项目 金额
处置长期股权投资、固定资产、在建工程、无形资产 14,372,328.97
、其他长期资产产生的损益
扣除公司日常根据企业会计制度规定计提的资产减值 1,065,037.09
准备后的其他各项营业外收入、支出
所得税影响数 -85,378.59
合计 15,351,987.47
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
3、按中国证监会发布的《公开发行证券公司信息披露编报规则》第9号的要求计算的净资产收益率及每股收益：
单位:元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
报告期利润 净资产收益率（%） 每股收益
全面摊薄 加权平均 全面摊 加权平均
薄
主营业务利润 5.58 5.58 0.0656 0.0656
营业利润 -1.89 -1.89 -0.022 -0.0222
2
净利润 0.34 0.34 0.0040 0.0040
扣除非经常性损益后的净利 -1.96 -1.96 -0.023 -0.0231
润 1
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
第二节、股本变动和主要股东持股情况
(一)股份变动情况表
单位:股
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
本次变动前 本次变动增减（ 本次变动后
＋，－）
数量 比 送股 小计 数量 比例
例 %
一、有限售条件股份
1、国家持股 237,42 41 237,4 41.9
8,652 .9 28,65 1
1 2
2、国有法人
持股
3、其他内资
持股
其中：境内法
人持股
境内自然人持
股
4、外资持股
其中：境外法
人持股
境外自然人持
股
有限售条件股 237,42 41 237,4 41.9
份合计 8,652 .9 28,65 1
1 2
二、无限售条件流通股份
1、人民币普 96,095 16 96,09 16.96
通股 ,538 .9 5,538
6
2、境内上市 232,92 41 237,4 41.91
的外资股 5,000 .1 28,65
3 2
3、境外上市
的外资股
4、其他
无限售条件流 329,02 58 329,0 58.09
通股份合计 0,538 .0 20,53
9 8
三、股份总数 566,44 10 566,4 100
9,190 0 49,19
0
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
股份变动的批准情况 1、2006年2月21日，获得国家商务部《商务部关于同意上海二纺机股份有限公司股份转让的批复》； 2、2006年2月28日，获得上海市外国投资工作委员会《关于转发<商务部关于同意上海二纺机股份有限公司股份转让的批复>的通知》，公司股份于2006年3月3日复牌上市。
3、公司已于2006年3月3日按照中国证券登记结算有限责任公司上海分公司的有关规定将所分派股份直接计入股东帐户。
4、上海国有资产监督管理委员会委托上海电气（集团）总公司管理本公司国有股，太平洋机电(集团)有限公司是本公司(国有股)授权经营单位，持有本公司237,428,652股，占总股本41.91%股份。
(二)股东情况
1、股东数量和持股情况
单位：股
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
报告期末股东总数 82,639户。其中A股股东为42221户，B股股东为4041
8户。
前十名股东持股情况
股东名称 股东性质 持股 持股总数 报告 持有有限 质押或冻
比例 期内 售条件股 结的股份
(%) 增减 份数量 数量
太平洋机电(集 国有股东 41.9 237,428, 237,428, 0
团)有限公司-- 1 652 652
-国家股授权经
营单位
HSBCPRIVATEBA 外资股东 0.17 1,000,00 未知
NK(SUISSE)SAG 0
ENEVA
张惠定 外资股东 0.15 890,571 未知
MERRILLLYNCHF 外资股东 0.14 806,425 未知
AREASTLIMITED
HSBCFUNDSERVI 外资股东 0.12 734,000 未知
CESA/C006-113
039-431
是裕兴 外资股东 0.11 677,107 未知
黄志豪 外资股东 0.11 666,100 未知
刘达 外资股东 0.11 655,600 未知
张光中 外资股东 0.11 643,805 未知
SCBHKA/CKGINV 外资股东 0.10 604,910 未知
ESTMENTSASIAL
IMITED
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
前十名无限售条件股东持股情况
股东名称 持有无限售条件股 股份种类
份数量
HSBCPRIVATEBANK(SUISSE)SAGENE 1,000,000 境内上市外资股
VA
张惠定 890,571 境内上市外资股
MERRILLLYNCHFAREASTLIMITED 806,425 境内上市外资股
HSBCFUNDSERVICESA/C006-113039 734,000 境内上市外资股
-431
是裕兴 677,107 境内上市外资股
黄志豪 666,100 境内上市外资股
刘达 655,600 境内上市外资股
张光中 643,805 境内上市外资股
SCBHKA/CKGINVESTMENTSASIALIMI 604,910 境内上市外资股
TED
郁玉生 553,000 境内上市外资股
上述股东关联关系或一致行动关 公司未知在流通股东之间是否存在关联
系的说明 关系或是否属于一致行动人。
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
前十名有限售条件股东持股数量及限售条件
单位：股
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
序 有限售条件股东名 持有的有 有限售条件股份可上 限售条件
号 称 限售条件 市交易情况
股份数量 可上市交 新增可
易时间 上市交
易股份
数量
1 太平洋机电(集团) 237,428, 2007年3月 237,428 第一年不得上
有限公司---国家股 652 3日 ,652 市交易，第二
授权经营单位 年不超过总股
本的5%,第三
年累计不超过
总股本的10%.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
2、控股股东及实际控制人变更情况 本报告期内公司控股股东及实际控制人没有发生变更。
第三节、董事、监事、高级管理人员情况
1、报告期内，公司新增董事、监事、高级管理人员持有公司股票情况。
(一)董事、监事和高级管理人员持股变动
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
姓名 职务 期初持 期末 股份 变动原因
股数 持股 增减
数 数
郑元湖 董事长、党委书记 0 0
李培忠 董事、总经理、党委副书 0 0
记
崔翎 董事、常务副总经理、总 3,000 4,050 1,050 股改10送3.5
工程师 股
梅建中 董事、财务总监 1,000 1,350 350 股改10送3.5
股
王承宗 董事、党委副书记、工会 3,000 4,050 1,050 股改10送3.5
主席 股
张敷彪 董事 0 0
倪迪 独立董事 0 0
高勇 独立董事 1,863 2,515 652 股改10送3.5
股
曹惠民 独立董事 0 0
徐祖成 监事长、党委副书记、纪 0 0
委书记
虞志奋 副监事长 0 0
高尔其 监事 0 0
张复海 监事、纪委副书记 1,000 1,350 350 股改10送3.5
股
杨敏 监事 1,000 1,350 350 股改10送3.5
股
韦保荣 副总经理、党委副书记 5,324 7,187 1,863 股改10送3.5
股
潘荣高 副总经理 2,001 2,701 700 股改10送3.5
股
龚建平 副总经理 2,000 2,700 700 股改10送3.5
股
李勃 董事会秘书 1,000 1,350 350 股改10送3.5
股
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
(二)新聘或解聘公司董事、监事、高级管理人员的情况 本报告期内公司无新聘或解聘公司董事、监事、高级管理人员的情况。
第四节、管理层讨论与分析
一、公司经营情况
（一）、经营状况讨论与分析
年初，公司董事会提出了2006年经营工作的指导思想：坚持以发展为主题，牢牢抓住“市场、产品、管理、效益”八字工作方针，进一步加快推进企业机制、体制创新的步伐，努力实现“三突破、三深化、五提高”。上半年来，公司两级领导班子和全体职工克服了市场急剧变化和产品、人员结构调整带来的种种困难，奋发努力，使年度的各项工作与目标任务得到了稳步的推进与落实，为全面完成年度经营工作目标打下了基础。
1、集中精力开发重点产品，加快推进“三大产品”商品化工作进程，在发展核心技术上取得了新突破。上半年，公司把产品开发和加快商品化进程工作重点放在带集体落纱的长车细纱机、粗纱机和自动络筒机三大产品上；公司调整对科技人员的激励分配方案，将项目开发完成情况与奖励挂钩，充分调动科技人员积极性；在人手少，时间紧，合同难度大的情况下，全体科技人员倡导团队拼搏精神，以交叉组合的方式，进行项目开发和技术攻关，使产品开发和商品化进程工作取得了新突破。
2、树立大营销观念，大力拓展海外市场，加强营销人员队伍建设，完善考核激励机制。积极应对市场较大变化，调整营销策略，在扩大市场覆盖面有新的突破。
3、坚持不懈的强化基础管理，继续改进和完善内部管理机制，以提升管理者素质、管理制度完善和利益导向为主的管理机制，在有效管理机制上不断形成新突破。
（二）、报告期公司经营情况
1、公司主营业务的范围及其经营情况
（1）公司主营业务经营情况的说明
截止本报告期末，本公司合并资产总额为118,670.40万元，负债总额为52,050.30万元，所有者权益为66,620.10万元；上半年公司实现主营业务收入39,689.66万元，主营利润3,716.05万元，净利润226.34万元。
公司主营业务的范围：生产销售纺织机械及相关的电子电器产品、通用机械、光电子技术产品、金属制品、塑料制品；非出版物的印刷及包装装璜印刷业务；技术服务；仓储营运。
2、主营业务分行业、产品情况表
单位:元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
分行业 主营业务 主营业务 主营业 主营业务 主营业 主营业务
或分产 收入 成本 务利润 收入比上 务成本 利润率比
品 率(%) 年同期增 比上年 上年同期
减（％） 同期增 增减（%
减（％ ）
）
分行业
纺机类 395,534,3 357,575, 9.60 10.34 17.66 增加了2.
行业 72.48 423.70 44个百分
点
其中： 25,857,54 24,019,9 7.11 -58.25 -54.25 减少了8.
关联交 6.01 70.67 11个百分
易 点
分产品
纺机类 395,534,3 357,575, 9.60 10.34 17.66 增加了2.
产品 72.48 423.70 44个百分
点
其中： 25,857,54 24,019,9 7.11 -58.25 -54.25 减少了8.
关联交 6.01 70.67 11个百分
易 点
关联交易的定价原则 市场价
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
3、主营业务分地区情况
单位:元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
地区 主营业务收入 主营业务收入比上年同期增减（％
）
中国境内 299,888,057.64 16.56
中国境外 97,008,491.01 -5.17
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
报告期内上市公司向控股股东及其子公司销售产品和提供劳务的关联交易总金额为2,585.75万元。
4、对净利润产生重大影响的其他经营业务
单位:元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
其他经营业务 产生的损益 占净利润的比重(%)
武夷路房地产出售收入 13,991,161.97 618.16
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
在报告期内，公司将武夷路房地产出售给上海电气集团资产经营有限公司，对净利润的贡献额为13,991,161.97元。
5、投资收益对公司净利润影响达到10%以上的参股公司的经营情况及业绩
单位:元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
公司名称 经营范围 净利润 参股公司贡 占上市公司
献的投资收 净利润的比
益 重(%)
上海良基实 国际国内贸易 563,523. 507,171.09 22.41
业有限公司 43
上海良纺纺 生产、销售纺机的锭 1,158,37 984,617.76 43.50
织机械专件 子、罗拉及其他纺机 3.84
有限公司 配件
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
6、控股股东及其子公司占用公司资金的总体情况：
单位:元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
应收应付款 关联方 期初金额 期末金额
项名称
应收帐款 太平洋机电（集团）有限公司 7,052,000.00 1,582,000.
00
应收帐款 上海太平洋纺织机械成套设备有 26,485,912.4 24,270,046
限公司 0 .24
应收帐款 上海新四机机电有限责任公司 6,752,635.26 6,752,635.
26
其他应收款 太平洋机电（集团）有限公司 0 1,212,556.
10
其他应收款 上海逸杰信息科技有限公司 0 42,740.43
其他应收款 海南良基投资发展有限公司 682,316.58 695,623.18
其他应收款 上海太平洋纺织机械成套设备有 7,000,000.
限公司 00
应付帐款 上海新四机机电有限责任公司 1,242,000.00 1,142,000.
00
预收帐款 太平洋机电（集团）有限公司 7,832,991.00 4,402,391.
00
预收帐款 上海新四机机电有限责任公司 0 189,826.05
预收帐款 山东良基纺织机械有限公司 5,504,178.62 1,482,920.
00
其他应付款 太平洋机电（集团）有限公司 685,026.90 772,840.73
其他应付款 上海二纺机化纤成套设备有限公 388,828.00
司
预付帐款 上海太平洋纺织机械成套设备有 6,200,000.
限公司 00
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
7、主营业务及其结构发生重大变化的原因说明
公司通过开拓产品市场,提高产品的技术含量，使今年上半年的纺机类产品的销售收入比去年同期增长了15.68%。
8、利润构成与上年度相比发生重大变化的原因分析
单位:元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
项目 本报告期 上一年度 比例增减
金额 占利润 金额 占利润
总额% 总额%
主营业务 37,160,4 1201.30 121,167,697.6 1,217.7 减少16.4个百
利润 81.46 3 0 分点
其他业务 4,514,00 145.93 8,055,533.28 80.96 增加64.97个
利润 2.75 百分点
期间费用 54,239,4 1753.41 132,085,536.2 1,327.4 增加425.99个
34.57 3 2 百分点
投资收益 220,949. 7.14 6,293,730.71 63.25 减少56.11个
01 百分点
补贴收入 0.00 -- 149,000.00 1.50 --
营业外收 15,437,3 499.05 6,370,140.22 64.02 增加435.03个
支净额 66.06 百分点
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
分析：
主营业务利润：本报告期的主营业务利润占利润总额的比重与上年度基本持平，主要是由于本报告期的毛利率水平与上年度相比无重大变动。
其他业务利润： 由于本报告期（半年度报告）的利润总额未达到上一年度的50%，而本报告期内的其他业务利润超过上一年度其他业务利润的50%，导致本报告期内的其他业务利润占利润总额的比重较上一年度增加64.97个百分点。
期间费用：本报告期内，公司严格执行财务预算，控制各类非生产性费用的发生，发生的期间费用仅占上一年度期间费用总额的41.06%，但由于作为分母的利润总额的变动，导致期间费用占利润总额的百分比较上一年度发生了比较大的变化。
投资收益：本报告期的投资收益占利润总额的比重较上一年度减少了56.11个百分点，主要原因是：上年度有清理子公司（上海良基房地产有限公司和上海奥依光电子有限公司）所产生的收益所致。
补贴收入：本报告期内无补贴收入，上一年度的补贴收入是子公司（上海良基实业有限公司）收到14.9万元的财政补贴。
营业外收支净额：本报告期的营业外收支净额占利润总额的比重较上一年度增加435.03个百分点的主要原因是：本报告期内公司武夷路房地产转让收益较大所致。
（三）、报告期内，投资情况
1、募集资金使用情况
报告期内，公司无募集资金或前期募集资金使用到本期的情况。
2、非募集资金项目情况
报告期内，公司无非募集资金项目。
3、重大投资情况
报告期内，公司无重大投资项目。
第六节、重要事项
（一）、公司治理的实际状况
1、为促进上市公司规范运作，根据《中华人民共和国公司法》、《中华人民共和国证券法》，中国证监会制定的《上市公司章程指引》（2006年修订）。按照中国证券会关于印发《上市公司章程指引》（证监公司字[2006]38号）的通知中：“上市公司应当在本通知发出后的第一次股东大会上，对其公司章程作出相应修改的要求”及新修改的《股东大会议事规则》、《董事会议事规则》、《监事会议事规则》指引。结合本公司的实际情况，对上述章程和规则进行修改，经董事会审议，并提请公司第二十一次（暨2005年度）股东大会审议讨论通过。 上述公告刊登于2006年5月17日的《上海证券报》、香港《大公报》。 2、公司按照《上市公司治理准则》的要求，不断完善公司法人治理结构建设，规范公司运作，严格信息披露，重视投资者的关系管理。公司董事、独立董事能按照有关法律法规和《公司章程》的要求，认真履行职责，维护公司整体利益及中小股东利益。
（二）、报告期实施的利润分配执行情况
报告期内，公司拟定2005年度不进行利润分配及不进行资本公积金转增股本方案。
（三）、中期拟定的利润分配预案、公积金转增股本预案
本公司2006年中期未有利润分配预案、公积金转增股本预案。
（四）、报告期内，公司应披露的重大诉讼、仲裁事项
1、2001年3月公司诉新疆京城棉纺织厂设备欠款，案号（2001）虹经初字第293号。经一审法院判决：新疆京城棉纺织厂支付本公司货款482.12万元。2002年8月，新疆京城棉纺织厂上诉本公司（［2002］沪二中民四［商］终字第405号）被驳回。至今为止，此案已由虹口法院委托新疆铁路中院执行，查封了部分机器设备，并收到7.04万元，公司继续积极组织实施对法院执行的应收款催讨。 2、本公司诉山东省济南正昊化纤新材料有限公司（以下简称“济南正昊”）承揽合同纠纷案件，经上海市第二中级人民法院于2005年9月22日作出了生效判决（案号：[2005]沪二中民四[商]初字第30号），判令济南正昊支付给本公司货款人民币1,122.60万元及违约金人民币56.13万元，合计人民币1,178.73万元。在提起诉讼时，经提出财产保全申请，法院已依法对济南正昊相关财产进行了查封。现该案已进入了法院强制执行程序（案号：[2005]沪二中执字第1125号），至今为止，有关执行工作在进行之中。
（五）、资产出售情况
本公司向公司股东的子公司上海电气集团资产经营有限公司转让公司武夷路242号房地产。该资产的帐面价值为36.56万元人民币，评估价值为1,520万元人民币，实际出售金额为1,520万元人民币，产生收益1,399万元人民币。本次出售价格的确定依据是根据上海富申房地产估价有限公司估价，经双方认可确定。该事项已于2006年4月15日刊登在上海证券报、香港《大公报》上。目前已完成转让手续 。本交易为关联交易。
（六）、重大关联交易
1、与日常经营相关的关联交易 （1）、购买商品、接受劳务的重大关联交易
单位:元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
关联方名 关 关联 关 关联交易 占同类交 关联 市场 关联交
称 联 交易 联 金额 易金额的 交易 价格 易对公
交 定价 交 比例(%) 结算 司利润
易 原则 易 方式 的影响
内 价
容 格
临海良纺 购 市场 市 5,660,49 16.48 银行 市场 -
纺织专件 买 价 场 8.70 往来 的公
有限公司 的 允价
公
允
价
上海太平 购 市场 市 2,820,51 8.21 银行 市场 -
洋纺织机 买 价 场 2.82 往来 的公
械成套设 的 允价
备有限公 公
司 允
价
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
（2）、销售商品、提供劳务的重大关联交易
单位:元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
关联方名 关 关 关联 关联交易 占同类 关 市场 关联交易
称 联 联 交易 金额 交易金 联 价格 对公司利
交 交 价格 额的比 交 润的影响
易 易 例(%) 易
内 定 结
容 价 算
原 方
则 式
太平洋机 销 市 市场 6,526,92 19.01 银 市场 473,593.5
电（集团 售 场 的公 3.07 行 的公 4
）有限公 价 允价 往 允价
司 来
山东良基 销 市 市场 6,235,11 18.16 银 市场 444,126.9
纺织机械 售 场 的公 1.11 行 的公 6
有限公司 价 允价 往 允价
来
上海太平 销 市 市场 13,095,5 38.14 银 市场 919,854.8
洋纺织机 售 场 的公 11.83 行 的公 4
械成套设 价 允价 往 允价
备有限公 来
司
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
①本公司向控股股东太平洋机电（集团）有限公司销售。 ②本公司向联营公司山东良基纺织机械有限公司销售。 ③本公司向股东的子公司上海太平洋纺织机械成套设备有限公司销售。
2、预计关联交易额
根据上市公司治理准则的要求，为了在规范公司法人治理结构的前提下，进一步提高公司的经营运行效率和质量，针对化纤纺丝机械销售市场的变化情况，公司董事会提请股东大会授权董事会审定2006年度持续性销售经营关联交易。公司第二十一次（暨2005年度）股东大会审议通过了《关于提请股东大会授权董事会审定公司2006年度持续性销售经营关联交易的议案》。预计公司2006年度化纤纺丝机械销售可达25,000万元。本次公告于2006年5月17日刊登在《上海证券报》、香港《大公报》。
（七）、报告期内，重大合同及其履行情况
1、托管情况
本报告期公司无托管事项。
2、承包情况
本报告期公司无承包事项。
3、租赁情况
报告期内，公司房屋租赁收益为382.98万元。
（八）、担保情况
报告期内，公司发生或以前期间发生但延续到报告期的担保事项。
截至2006年6月30日止，公司对外提供担保情况如下（上海普恩伊进出口有限公司是本公司控股90%的子公司）：
单位:万元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
公司对外担保情况（不包括对控股子公司的担保）
担保 发生日期（协 担保金额 担保类型 担保期 是否 是否为关
对象 议签署日） 限 履行 联方担保
完毕
报告期内担保发生额合计 0
报告期末担保余额合计 0
公司对控股子公司的担保情况
报告期内对控股子公司担保发生额合计 0
报告期末对控股子公司担保余额合计 1,600
公司担保总额情况（包括对控股子公司的担保）
担保总额 1,600
担保总额占公司净资产的比例(%) 2.48
其中：
为股东、实际控制人及其关联方提供担保的金 0
额
直接或间接为资产负债率超过70％的被担保对 0
象提供的债务担保金额
担保总额超过净资产50％部分的金额 0
上述三项担保金额合计 0
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
报告期内，公司未有违规担保。
（九）、委托理财情况
本报告期公司无委托理财事项。
（十）、其他重大合同
本报告期公司无其他重大合同。
（十一）承诺事项
报告期内，公司或持有公司股份5%以上（含5%）的股东没有发生或以前期间发生但延续到报告期的对公司经营成果、财务状况可能发生重要影响的承诺事项。
（十二）聘任、解聘会计师事务所情况
报告期内，公司未改聘会计师事务所。公司现聘任上海立信长江会计师事务所有限公司为公司A股审计事务所，聘任浩华会计师事务所为公司B股审计事务所
（十三）公司、董事会、董事受处罚及整改情况
报告期内，公司、公司董事会及董事没有受到中国证监会稽查、中国证监会行政处罚、通报批评、被其他行政管理部门处罚及证券交易所公开谴责的情况。
(十四)其它重大事项
报告期内，公司于2006年1月23日公司召开了A股市场相关股东会议，审议股权分置改革方案，公司股权分置改革方案获得高票通过。
公司的股改方案是：非流通股股东太平洋机电（集团）有限公司向方案实施股权登记日登记在册的全体A股流通股股东支付24,913,658股，即每10股流通A股股东获送3.5股。方案实施后公司的总股本不变，公司的资产、负债、所有者权益、每股收益等财务指标均保持不变。
在获得国家商务部和上海市外国投资工作委员会的相关批复后，在上海交易所和中国证券登记结算有限责任公司上海分公司办理了公司A股股票复牌的相关手续，并于2006年3月3日正式复牌，公司A股股票简称改为“G二纺机”，股票代码为“600604”不变。公司顺利完成了股权分置改革的全部工作。
（十五）或有事项
2001年6月，东方汇理银行上海分行在香港起诉我司欠款纠纷，诉讼标的260.56万美元，香港高等法院以诉讼案第14569字受理，我司在香港应诉。应东方汇理银行上海分行要求，法院以简易程序审理。2001年11月30日，香港高等法院判决未支持东方汇理银行上海分行的诉讼请求。2001年12月13日，东方汇理银行上海分行提起上诉，2002年6月12日该上诉被驳回。后东方汇理银行上海分行请求以普通程序进行延期审理，法院同意。2005年1月5日,法庭审理本案,要求双方提交证据。至今为止，处于证据准备阶段。
（十六）信息披露索引
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
事项 刊载的报刊 刊载日 刊载的互联网网
名称及版面 期 站及检索路径
上海二纺机股份有限公司关于中 《上海证券 2006年 http://www.sse.
国证券监督管理委员会上海证监 报》、香港 1月7日 com.cn
局巡检整改执行结果的公告 《大公报》
上海二纺机股份有限公司关于召 《上海证券 2006年 http://www.sse.
开A股市场相关股东会议的第一次 报》 1月9日 com.cn
催告通知
上海二纺机股份有限公司关于股 《上海证券 2006年 http://www.sse.
权分置改革方案获得上海市国有 报》 1月10 com.cn
资产监督管理委员会批准的公告 日
上海二纺机股份有限公司关于召 《上海证券 2006年 http://www.sse.
开A股市场相关股东会议的第二次 报》 1月12 com.cn
催告通 日
上海二纺机股份有限公司股票异 《上海证券 2006年 http://www.sse.
常波动的公告 报》、香港 1月23 com.cn
《大公报》 日
上海二纺机股份有限公司A股市场 《上海证券 2006年 http://www.sse.
相关股东会议表决结果公告 报》 1月24 com.cn
日
上海二纺机股份有限公司股权分 《上海证券 2006年 http://www.sse.
置改革和涉及股权变更事项获得 报》 2月27 com.cn
商务部批复的公告 日
上海二纺机股份有限公司股权分 《上海证券 2006年 http://www.sse.
置改革方案实施公告 报》 2月28 com.cn
日
上海二纺机股份有限公司第五届 《上海证券 2006年 http://www.sse.
董事会第十五次会议决议公告 报》、香港 4月15 com.cn
《大公报》 日
上海二纺机股份有限公司2005年 《上海证券 2006年 http://www.sse.
度报告摘要 报》、香港 4月15 com.cn
《大公报》 日
上海二纺机股份有限公司第五届 《上海证券 2006年 http://www.sse.
监事会第十一次会议决议公告 报》、香港 4月15 com.cn
《大公报》 日
上海二纺机股份有限公司2006年 《上海证券 2006年 http://www.sse.
度持续性销售经营关联交易公告 报》、香港 4月15 com.cn
《大公报》 日
上海二纺机股份有限公司关于召 《上海证券 2006年 http://www.sse.
开公司第二十一次(暨2005年度) 报》、香港 4月15 com.cn
股东大会的公告 《大公报》 日
上海二纺机股份有限公司关联交 《上海证券 2006年 http://www.sse.
易公告 报》、香港 4月15 com.cn
《大公报》 日
上海二纺机股份有限公司2006年 《上海证券 2006年 http://www.sse.
第一季度报告 报》、香港 4月24 com.cn
《大公报》 日
上海二纺机股份有限公司第二十 《上海证券 2006年 http://www.sse.
一次（暨2005年度）股东大会决 报》、香港 5月17 com.cn
议公告 《大公报》 日
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
第七节、财务会计报告
公司本期财务会计报告（未经审计）。
一、财务报表
1、资产负债表
2、利润及利润分配表
3、现金流量表
资产负债表 2006年06月30日
编制单位: 上海二纺机股份有限公司
单位: 元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
项目 附注 合并 母公司
合 母公 期末数 期初数 期末数 期初数
并 司
流动资产：
货币资金 118,537,3 151,374, 85,692,09 94,507,0
01.44 719.78 1.72 04.37
短期投资
应收票据 7,873,240 133,618, 6,673,240 112,143,
.20 015.93 .20 623.21
应收股利
应收利息
应收账款 143,839,3 131,686, 132,770,2 123,589,
37.77 241.99 24.61 332.65
其他应收款 16,159,20 8,353,09 18,589,98 9,521,13
2.12 1.25 0.23 0.28
预付账款 29,681,15 10,879,2 10,811,56 8,318,50
1.44 56.22 6.38 4.22
应收补贴款 5,616,195
.45
存货 334,005,6 381,476, 303,715,0 339,349,
39.77 997.22 16.61 169.04
待摊费用 410,725.2 410,725.2
7 7
一年内到期的
长期债权投资
其他流动资产
流动资产合计 656,122,7 817,388, 558,662,8 687,428,
93.46 322.39 45.02 763.77
长期投资：
长期股权投资 36,327,58 36,265,9 93,360,73 102,449,
0.34 80.65 7.93 236.17
长期债权投资
长期投资合计 36,327,58 36,265,9 93,360,73 102,449,
0.34 80.65 7.93 236.17
其中：合并价 -385,342. -385,342
差 16 .16
其中：股权投 -385,342. -385,342
资差额 16 .16
固定资产：
固定资产原价 1,035,980 1,039,02 994,122,2 994,212,
,079.87 7,090.45 31.19 280.85
减：累计折旧 488,953,8 475,332, 470,147,1 456,442,
73.55 210.79 56.12 079.29
固定资产净值 547,026,2 563,694, 523,975,0 537,770,
06.32 879.66 75.07 201.56
减：固定资产 93,982,76 93,982,7 88,005,46 88,005,4
减值准备 3.37 63.37 7.98 67.98
固定资产净额 453,043,4 469,712, 435,969,6 449,764,
42.95 116.29 07.09 733.58
工程物资
在建工程 6,988,048 5,917,19 6,729,201 5,837,19
.70 1.66 .70 1.66
固定资产清理
固定资产合计 460,031,4 475,629, 442,698,8 455,601,
91.65 307.95 08.79 925.24
无形资产及其
他资产：
无形资产 32,349,84 33,128,0 32,349,84 33,128,0
8.35 18.20 8.35 18.20
长期待摊费用 1,872,289
.35
其他长期资产
无形资产及其 34,222,13 33,128,0 32,349,84 33,128,0
他资产合计 7.70 18.20 8.35 18.20
递延税项：
递延税款借项
资产总计 1,186,704 1,362,41 1,127,072 1,278,60
,003.15 1,629.19 ,240.09 7,943.38
流动负债：
短期借款 177,228,1 275,681, 152,628,1 244,398,
24.98 385.47 24.98 385.47
应付票据
应付账款 219,188,6 279,654, 249,092,6 268,276,
28.83 235.53 62.09 374.02
预收账款 63,344,42 79,933,5 26,847,09 62,807,8
0.80 23.74 5.04 87.92
应付工资
应付福利费 1,684,308 1,268,44 1,128.10
.38 7.25
应付股利 48,982.25 28.84
应交税金 6,833,035 1,738,90 6,653,088 9,953,17
.92 8.53 .24 6.94
其他应交款 867,861.3 966,666. 852,819.6 966,248.
7 53 7 14
其他应付款 37,277,21 42,938,8 28,397,84 29,977,3
5.14 13.44 7.56 23.53
预提费用 1,476,457 2,463,05 445,457.8 2,463,05
.84 7.38 4 7.38
预计负债
一年内到期的
长期负债
其他流动负债
流动负债合计 507,949,0 684,645, 464,918,2 618,842,
35.51 066.71 23.52 453.40
长期负债：
长期借款 4,082,730 4,082,73
.79 0.79
应付债券
长期应付款
专项应付款
其他长期负债
长期负债合计 4,082,730 4,082,73
.79 0.79
递延税项：
递延税款贷项
负债合计 512,031,7 688,727, 464,918,2 618,842,
66.30 797.50 23.52 453.40
少数股东权益 8,471,209 10,025,0
.62 87.63
所有者权益（
或股东权益）
：
实收资本（或 566,449,1 566,449, 566,449,1 566,449,
股本） 90.00 190.00 90.00 190.00
减：已归还投
资
实收资本（或 566,449,1 566,449, 566,449,1 566,449,
股本）净额 90.00 190.00 90.00 190.00
资本公积 69,537,59 69,412,4 69,537,59 69,412,4
8.09 28.38 8.09 28.38
盈余公积 11,524,59 11,524,5 3,611,145 3,611,14
8.94 98.94 .86 5.86
其中：法定公
益金
未分配利润 19,399,14 17,135,7 22,556,08 20,292,7
9.07 92.19 2.62 25.74
拟分配现金股
利
外币报表折算
差额
减：未确认投 709,508.8 863,265.
资损失 7 45
所有者权益（ 666,201,0 663,658, 662,154,0 659,765,
或股东权益） 27.23 744.06 16.57 489.98
合计
负债和所有者 1,186,704 1,362,41 1,127,072 1,278,60
权益（或股东 ,003.15 1,629.19 ,240.09 7,943.38
权益）总计
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
公司法定代表人: 郑元湖 主管会计工作负责人:梅建中 会计机构负责人:陈志虎
利润及利润分配表 2006年1-6月
编制单位: 上海二纺机股份有限公司
单位:元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
项目 附注 合并 母公司
合 母公 本期数 上年同 本期数 上年同
并 司 期数 期数
一、主营业务收入 396,896 359,585 337,916 308,780
,548.65 ,021.70 ,862.54 ,682.16
减：主营业务成本 357,933 304,058 314,573 267,738
,817.86 ,015.20 ,124.91 ,448.79
主营业务税金及附加 1,802,2 1,603,0 1,411,5 1,266,8
49.33 27.44 05.94 87.17
二、主营业务利润（ 37,160, 53,923, 21,932, 39,775,
亏损以“-”号填列） 481.46 979.06 231.69 346.20
加：其他业务利润（ 4,514,0 1,269,0 4,055,1 553,751
亏损以“-”号填列） 02.75 81.32 71.16 .06
减:营业费用 7,849,7 8,676,5 4,796,4 4,680,7
07.36 76.43 06.66 73.78
管理费用 42,137, 41,125, 31,937, 31,594,
787.82 024.39 602.92 187.73
财务费用 4,251,9 4,562,5 4,018,4 4,430,7
39.39 35.56 04.13 46.60
三、营业利润（亏损 -12,564 828,924 -14,765 -376,61
以“-”号填列） ,950.36 .00 ,010.86 0.85
加：投资收益（损失 220,949 1,428,3 1,894,6 2,150,6
以“-”号填列） .01 23.42 57.47 75.12
补贴收入
营业外收入 16,757, 2,212,0 16,411, 2,207,2
356.05 95.04 922.15 21.44
减：营业外支出 1,319,9 784,743 1,192,8 772,915
89.99 .58 33.29 .91
四、利润总额（亏损 3,093,3 3,684,5 2,348,7 3,208,3
总额以“-”号填列） 64.71 98.88 35.47 69.80
减：所得税 425,929 620,122 85,378. 175,211
.54 .57 59 .19
减：少数股东损益 250,321 83,829.
.71 82
加：未确认投资损失( -153,75 52,512.
合并报表填列) 6.58 12
五、净利润（亏损以 2,263,3 3,033,1 2,263,3 3,033,1
“-”号填列） 56.88 58.61 56.88 58.61
加：年初未分配利润 17,135, 12,916, 20,292, 14,364,
792.19 104.92 725.74 295.13
其他转入
六、可供分配的利润 19,399, 15,949, 22,556, 17,397,
149.07 263.53 082.62 453.74
减：提取法定盈余公
积
提取法定公益金
提取职工奖励及福利
基金(合并报表填列)
提取储备基金
提取企业发展基金
利润归还投资
七、可供股东分配的 19,399, 15,949, 22,556, 17,397,
利润 149.07 263.53 082.62 453.74
减：应付优先股股利
提取任意盈余公积
应付普通股股利
转作股本的普通股股
利
八、未分配利润(未弥 19,399, 15,949, 22,556, 17,397,
补亏损以“-”号填列 149.07 263.53 082.62 453.74
)
补充资料：
1.出售、处置部门或
被投资单位所得收益
2.自然灾害发生的损
失
3.会计政策变更增加(
或减少)利润总额
4.会计估计变更增加(
或减少)利润总额
5.债务重组损失
6.其他
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
公司法定代表人:郑元湖 主管会计工作负责人:梅建中 会计机构负责人:陈志虎
现金流量表 2006年1-6月
编制单位: 上海二纺机股份有限公司
单位:元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
项目 附注 合并数 母公司数
合 母公
并 司
一、经营活动产生
的现金流量：
销售商品、提供劳 334,376,878 248,197,710.05
务收到的现金 .25
收到的税费返还 13,796,280.
78
收到的其他与经营 35,504,283. 20,254,634.20
活动有关的现金 77
现金流入小计 383,677,442 268,452,344.25
.80
购买商品、接受劳 296,686,097 190,003,111.97
务支付的现金 .19
支付给职工以及为 34,182,936. 28,338,418.69
职工支付的现金 68
支付的各项税费 33,558,911. 24,992,747.42
23
支付的其他与经营 64,638,692. 39,758,382.67
活动有关的现金 61
现金流出小计 429,066,637 283,092,660.75
.71
经营活动产生的现 -45,389,194 -14,640,316.50
金流量净额 .91
二、投资活动产生
的现金流量：
收回投资所收到的
现金
其中：出售子公司
收到的现金
取得投资收益所收 138,547.49 1,019,708.62
到的现金
处置固定资产、无 18,750,747. 18,632,131.74
形资产和其他长期 74
资产而收回的现金
收到的其他与投资
活动有关的现金
现金流入小计 18,889,295. 19,651,840.36
23
购建固定资产、无 6,593,676.2 6,037,889.73
形资产和其他长期 2
资产所支付的现金
投资所支付的现金
支付的其他与投资
活动有关的现金
现金流出小计 6,593,676.2 6,037,889.73
2
投资活动产生的现 12,295,619. 13,613,950.63
金流量净额 01
三、筹资活动产生
的现金流量：
吸收投资所收到的
现金
其中：子公司吸收
少数股东权益性投
资收到的现金
借款所收到的现金 176,600,000 152,000,000.00
.00
收到的其他与筹资
活动有关的现金
现金流入小计 176,600,000 152,000,000.00
.00
偿还债务所支付的 171,700,000 155,700,000.00
现金 .00
分配股利、利润或 4,640,012.0 4,090,575.25
偿付利息所支付的 4
现金
其中：支付少数股
东的股利
支付的其他与筹资
活动有关的现金
其中：子公司依法
减资支付给少数股
东的现金
现金流出小计 176,340,012 159,790,575.25
.04
筹资活动产生的现 259,987.96 -7,790,575.25
金流量净额
四、汇率变动对现 -3,830.40 2,028.47
金的影响
五、现金及现金等 -32,837,418 -8,814,912.65
价物净增加额 .34
补充材料
1、将净利润调节
为经营活动现金流
量：
净利润 2,263,356.8 2,263,356.88
8
加：少数股东损益 250,321.71
(亏损以“-”号填
列)
减：未确认的投资 -153,756.58
损失
加：计提的资产减 3,417.70 3,417.70
值准备
固定资产折旧 19,521,246. 18,834,881.73
49
无形资产摊销 834,905.85 778,169.85
长期待摊费用摊销
待摊费用减少（减 -410,725.27 -410,725.27
：增加）
预提费用增加（减 -986,599.54 -2,017,599.54
：减少）
处理固定资产、无 -15,183,440 -14,842,720.27
形资产和其他长期 .40
资产的损失(减:收
益)
固定资产报废损失
财务费用 4,585,493.9 4,082,686.29
4
投资损失（减：收 -220,949.01 -1,894,657.47
益）
递延税款贷项（减
：借项）
存货的减少（减： 47,471,357. 35,634,152.43
增加） 45
经营性应收项目的 91,265,658. 82,112,987.91
减少(减：增加) 19
经营性应付项目的 -194,936,99 -139,184,266.74
增加(减：减少) 5.48
其他
经营活动产生的现 -45,389,194 -14,640,316.50
金流量净额 .91
2．不涉及现金收
支的投资和筹资活
动：
债务转为资本
一年内到期的可转
换公司债券
融资租入固定资产
3、现金及现金等
价物净增加情况：
现金的期末余额 118,537,301 85,692,091.72
.44
减：现金的期初余 151,374,719 94,507,004.37
额 .78
加：现金等价物的
期末余额
减：现金等价物的
期初余额
现金及现金等价物 -32,837,418 -8,814,912.65
净增加额 .34
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
公司法定代表人:郑元湖主管会计工作负责人:梅建中会计机构负责人:陈志虎
合并资产减值准备明细表 2006年1-6月
编制单位: 上海二纺机股份有限公司
单位:元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
项目 期初余额 本期增 本期减少数 期末余额
加数 因资产 其他 合计
价值回 原因
升转回 转出
数 数
坏账准备合计 25,338,316 3,417.7 25,341,733
.22 0 .92
其中：应收账 23,604,668 3,417.7 23,608,086
款 .97 0 .67
其他应收款 1,733,647. 1,733,647.
25 25
短期投资跌价
准备合计
其中：股票投
资
债券投资
存货跌价准备 48,824,932 48,824,932
合计 .10 .10
其中：库存商 17,596,942 17,596,942
品 .86 .86
原材料 29,126,997 29,126,997
.21 .21
长期投资减值 2,195,138. 2,195,138.
准备合计 72 72
其中：长期股 2,195,138. 2,195,138.
权投资 72 72
长期债权投资
固定资产减值 93,982,763 93,982,763
准备合计 .37 .37
其中：房屋、 21,519,736 21,519,736
建筑物 .04 .04
机器设备 72,463,027 72,463,027
.33 .33
无形资产减值
准备
其中：专利权
商标权
在建工程减值
准备
委托贷款减值
准备
资产减值合计 170,341,15 3,417.7 170,344,56
0.41 0 8.11
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
公司法定代表人:郑元湖主管会计工作负责人:梅建中会计机构负责人:陈志虎
母公司资产减值准备明细表 2006年1-6月
编制单位: 上海二纺机股份有限公司
单位:元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
项目 期初余 本期 本期减少数 期末余额
额 增加 因 其他 合计
数 资 原因
产 转出
价 数
值
回
升
转
回
数
坏账准备 24,733 3,417 24,736,914.65
合计 ,496.9 .70
5
其中：应 22,855 3,417 22,859,259.50
收账款 ,841.8 .70
0
其他应收 1,877, 1,877,655.15
款 655.15
短期投资
跌价准备
合计
其中：股
票投资
债券投资
存货跌价
准备合计
其中：库
存商品
原材料
长期投资 2,195, 2,195,138.72
减值准备 138.72
合计
其中：长 2,195, 2,195,138.72
期股权投 138.72
资
长期债权
投资
固定资产 88,005 88,005,467.98
减值准备 ,467.9
合计 8
其中：房 23,434 23,434,667.80
屋、建筑 ,667.8
物 0
机器设备 64,570 64,570,800.18
,800.1
8
无形资产
减值准备
其中：专
利权
商标权
在建工程
减值准备
委托贷款
减值准备
资产减值 114,93 3,417 114,937,521.35
合计 4,103. .70
65
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
公司法定代表人:郑元湖主管会计工作负责人:梅建中会计机构负责人:陈志虎
财务报表附注：
公司概况
上海二纺机股份有限公司系于1991年12月10日经上海市人民政府办公厅以沪府办[1991]155号文批准设立的股份有限公司。1992年2月，经中国人民银行上海市分行以（92）沪人金股字第5号文批准，向社会公众公开发行境内上市内资股（A股）股票并上市交易；1992年5月，经中国人民银行上海市分行以（92）沪人金B股字第1号文批准，向社会公众公开发行境内上市外资股（B股）股票并上市交易。1995年10月4日由国家工商行政管理局换发《企业法人营业执照》，注册号为019003号，法定代表人郑克钦。公司注册资本为人民币566,449,190.00元，业经大华会计师事务所验证并出具华业字（97）第1047号验资报告。所属行业为工业制造业。公司经营范围为生产纺织机械及相关的电子电器产品、通用机械、光电子技术产品、金属制品、塑料制品；非出版物的印刷及包装装潢印刷业务；技术服务；仓储营运；投资兴办企业；销售自产产品，主要产品为纺织机械。
(二)公司主要会计政策、会计估计和会计报表的编制方法
1、会计准则和会计制度：
执行企业会计准则、《企业会计制度》及其有关的补充规定。
2、会计年度： 本公司会计年度自公历1月1日起至12月31日止。 3、记账本位币： 本公司的记账本位币为人民币。 4、编制基础、记账基础和计价原则：
以权责发生制为记帐基础，以历史成本为计价原则。
5、外币业务核算方法：
外币业务发生时按当年年初中国人民银行公布的人民币市场汇价作为折算汇率，折合成人民币记帐，年末外币帐户余额按年末市场汇价（中间价）折合成人民币金额进行调整。外币专门借款帐户年末折算差额，在所购建固定资产达到预定可使用状态前的特定时间段内，按规定予以资本化，计入在建工程成本，其余的外币帐户折算差额均计入财务费用。不同货币兑换形成的折算差额，均计入财务费用。
6、外币会计报表的折算方法：
按照财政部财会字（1995）11号《关于印发<合并会计报表暂行规定>的通知》，除所有者权益类项目（不含未分配利润项目）以发生时的市场汇价（中间价）折算为人民币外，资产、负债、损益类项目均以合并会计报表决算日的市场汇价（中间价）折算为人民币。外币报表折算差额在合并资产负债表中单独列示。
7、现金及现金等价物的确定标准：
在编制现金流量表时，将同时具备期限短（从购买日起，三个月到期）、流动性强、易于转换为已知现金、价值变动风险很小四个条件的投资，确定为现金等价物。
8、应收款项坏账损失核算方法 坏账的确认标准为：对因债务人撤销、破产，依照法律清偿程序后确实无法收回的应收款项；因债务人死亡，既无遗产可清偿，又无义务承担人，确实无法收回的应收款项；因债务人逾期未履行偿债义务并有确凿证据表明，确实无法收回的应收款项，按照公司管理权限批准核销。 坏账的核算方法：公司的坏账核算采用备抵法，期末公司对应收款项（包括应收账款和其他应收款）按账龄分析法计提坏账准备，
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
账龄分析法
帐龄 应收帐款计提比例(%) 其他应收款计提比例(
%)
1年以内（含1年） 5 5
1－2年 10 10
2－3年 20 20
3年以上 50 50
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
9、存货核算方法：
1、存货分类为 存货分类为：在途物资、原材料、在产品、包装物、低值易耗品、产成品、库存商品、委托加工物资、材料成本差异等。 2、取得和发出的计价方法 取得和发出的计价方法：各种存货按取得时的实际成本记账；存货日常核算采用计划成本法，按月初成本差异率，将计划成本调整为实际成本。低值易耗品在领用时一次摊销。 债务重组取得债务人用以抵债的存货，以应收债权的账面价值为基础确定其入账价值；非货币性交易换入的存货以换出资产的账面价值为基础确定其入账价值。 3、低值易耗品和包装物的摊销方法 低值易耗品采用一次摊销法； 包装物采用一次摊销法。 4、存货的盘存制度 采用永续盘存制。 5、存货跌价准备的计提方法 中期末及年末，对存货进行全面清查后，按存货的成本与可变现净值孰低提取或调整存货跌价准备。 存货跌价准备按单个存货项目计提。
10、长期投资核算方法：
1、取得的计价方法 长期投资取得时以初始投资成本计价，包括相关的税金、手续费等。债务重组取得债务人用以抵债的股权投资，以应收债权的帐面价值为基础确定其入帐价值；非货币性交易换入的股权投资，以换出资产的帐面价值为基础确定其入帐价值。 2、长期股权投资的核算方法 对被投资单位无控制、无共同控制且无重大影响的，采用成本法核算；对被投资单位能实施控制、共同控制或重大影响的，采用权益法核算。 按权益法核算长期股权投资时，初始投资成本高于应享有被投资单位净资产份额所确认的股权投资差额，若合同规定投资期限的按投资期限平均摊销；若合同未规定投资期限的按10年平均摊销。初始投资成本低于应享有被投资单位净资产份额的差额，计入资本公积（股权投资准备）。2003年以前发生的股权投资差额贷差仍按原规定摊销。再次投资发生的股权投资差额按财会[2004]3号文处理。
3、长期债权投资的核算方法 中期末及年末，按合同规定利率或债券票面利率计提利息，并同时按直线法摊销债券投资溢价或折价。 4、长期投资减值准备的计提 中期末及年末，按预计可收回金额低于长期投资帐面价值的差额，计提长期投资减值准备。自2004年起计提长期投资减值准备时对以前年度已发生的股权投资差额按财会（2004）3号文处理。 长期投资减值准备按个别投资项目计算确定。
11、固定资产计价、折旧方法和减值准备的计提方法：
(1) 固定资产计价和折旧方法：
固定资产是指为生产商品、提供劳务、出租或经营管理而持有的，使用年限超过一年，单位价值较高的有形资产。
固定资产以取得时的实际成本入帐，并从其达到预定可使用状态的次月起，采用直线法(年数平均法)提取折旧。
各类固定资产的估计残值率、折旧年限和年折旧率如下：
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
类别 折旧年限（年） 残值率（%） 年折旧率（%）
房屋及建筑物 30－45 4 2.1－3.2
机器设备 8－20 4 4.8－12
电子设备 8－20 4 4.8－12
运输设备 8－20 4 4.8－12
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
1、固定资产的取得计价： 一般遵循实际成本计价原则计价。 债务重组取得债务人用以抵债的固定资产，以应收债权的帐面价值为基础确定其入帐价值；非货币性交易换入的固定资产，以换出资产的帐面价值为基础确定其入帐价值。 融资租入的固定资产，按租赁开始日租赁资产的原帐面价值与最低租赁付款额的现值两者中较低者作为入帐价值，如果融资租赁资产占企业资产总额等于或小于30％的，则按最低租赁付款额作为入帐值。 2、固定资产折旧采用年限平均法分类计提。根据固定资产类别、预计使用年限和预计净残值率确定折旧率。 符合资本化条件的固定资产装修费用，在两次装修期间与固定资产尚可使用年限两者中较短的期间内，采用年限平均法单独计提折旧；经营租赁方式租入的固定资产改良支出，在剩余租赁期与租赁资产尚可使用年限两者中较短的期间内，采用年限平均法单独计提折旧。 融资租赁方式租入的固定资产，能合理确定租赁期届满时将会取得租赁资产所有权的，在租赁资产尚可使用年限内计提折旧；无法合理确定租赁期届满时能够取得租赁资产所有权的，在租赁期与租赁资产尚可使用年限两者中较短的期间内计提折旧。融资租赁方式租入的固定资产发生的符合资本化条件的装修费用，在两次装修期间、剩余租赁期与固定资产尚可使用年限三者中较短的期间内，采用年限平均法单独计提折旧。
(2) 减值准备的计提方法：
中期末及年末，对由于市价持续下跌、技术陈旧、实体损坏、长期闲置等原因导致其可收回金额低于帐面价值的，按预计可收回金额低于其帐面价值的差额，计提固定资产减值准备。 固定资产减值准备按单项资产计提。
12、在建工程核算方法：
1、取得的计价方法 以立项项目分类核算工程发生的实际成本，当所建工程项目达到预定可使用状态时，转入固定资产核算，尚未办理竣工决算的，按估计价值转帐，待办理竣工决算手续后再作调整。
2、在建工程减值准备的计提 中期末及年末，对于长期停建并预计在未来三年内不会重新开工的在建工程，或在性能、技术上已落后且给企业带来经济利益具有很大不确定性的在建工程，计提在建工程减值准备。 在建工程减值准备按单项工程计提。
13、无形资产计价及摊销方法：
1、取得的计价方法 按取得时的实际成本入帐。 债务重组取得债务人用以抵债的无形资产，按应收债权的帐面价值为基础确定其入帐价值；非货币性交易换入的无形资产，按换出资产的帐面价值为基础确定其入帐价值。 2、摊销方法 采用直线法。相关合同与法律两者中只有一方规定受益年限或有效年限的，按不超过规定年数的期限平均摊销；两者均规定年限的按孰低者平均摊销；两者均未规定年限的按不超过十年的期限平均摊销。 3、无形资产减值准备的计提 中期末及年末，对于因被其他新技术替代、市价大幅下跌而导致创利能力受到重大不利影响或下跌价值预期不会恢复的无形资产，按预计可收回金额低于其帐面价值的差额，计提无形资产减值准备。 无形资产减值准备按单项资产计提。
14、借款费用的会计处理方法：
1、借款费用资本化的确认原则 专门借款的辅助费用在所购建资产达到预定可使用状态前，予以资本化，若金额较小则直接计入当期损益。 专门借款的利息、溢折价摊销、汇兑差额开始资本化应同时满足以下三个条件：资产支出已经发生；借款费用已经发生；为使资产达到预定可使用状态所必要的购建活动已经开始。 当购建资产项目发生非正常中断且连续三个月或以上时，借款费用暂停资本化。当购建资产项目达到预定可使用状态后，借款费用停止资本化。 当购建资产中部分项目分别完工且可单独使用时，该部分资产借款费用停止资本化。 普通借款的借款费用和不符合资本化规定的专门借款的借款费用，均计入发生当期损益。 2、借款费用资本化期间 按季度计算借款费用资本化金额。 3、专门借款的借款费用资本化金额的确定方法 每一会计期间利息资本化的金额＝至当年末止购建固定资产累计支出加权平均数×借款加权平均利率。 允许资本化的辅助费用、汇兑差额按实际发生额直接资本化。
15、收入确认原则：
1、销售商品 公司已将商品所有权上的重要风险和报酬转移给买方；公司不再对该商品实施继续管理权和实际控制权；与交易相关的经济利益能够流入企业；相关的收入和成本能可靠地计量时，确认营业收入实现。 2、提供劳务 在同一年度内开始并完成，在劳务已经提供，收到价款或取得收取价款的依据时，确认劳务收入的实现；如劳务的开始和完成分属不同的会计年度，在提供劳务交易的结果能够可靠估计的情况下，在资产负债表日按完工百分比法确认相关的劳务收入。
3、让渡资产使用权 与交易相关的经济利益能够流入企业，收入的金额能可靠地计量时，按合同或协议规定确认为收入。
16、所得税的会计处理方法：
采用应付税款法。
17、合并会计报表合并范围的确定原则及合并会计报表的编制方法：
1、合并会计报表按照《合并会计报表暂行规定》及有关文件，以母公司和纳入合并范围的子公司的个别会计报表以及其他资料为依据进行编制。但对行业特殊及子公司规模较小，符合财政部财会二字（1996）2号《关于合并会计报表合并范围请示的复函》文件的规定，则不予合并。合并时对内部权益性投资与子公司所有者权益、内部投资收益与子公司利润分配、内部交易事项、内部债权债务进行抵销，对合并盈余公积进行调整。对纳入合并范围的合营企业，采用比例合并法编制合并会计报表。 2、母公司与子公司采用的会计政策和会计处理方法无重大差异。
18、主要会计政策、会计估计变更及重大会计差错更正
(1) 会计政策变更
无
(2) 会计估计变更
无
(3) 会计差错更正
无
(三)税项：
1、主要税种及税率
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
税种 计税依据 税率
增值税 17% 17%
营业税 5% 5%
城建税 1%-7% 7%
企业所得税 15%~33% 15%
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
(四)控股子公司及合营企业
公司所控制的所有子公司情况及其合并范围：
单位:元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
单位名 注 法定 注册资 经营范围 投资额 权益比例( 是
称 册 代表 本 %) 否
地 人 直接 间 合
接 并
上海良 上 梅建 12,418, 国际国内贸 11,176,2 90.00 是
基实业 海 中 000.00 易 00.00
有限公
司
上海良 上 刘彦 3,180,0 生产销售纺 3,180,00 100.0 是
基塑料 海 00.00 织塑料件 0.00 0
制品有
限公司
上海良 上 侯金 1,500,0 生产销售纺 1,350,00 90.00 是
基机械 海 源 00.00 纱机械 0.00
有限公
司
海南良 海 梅建 3,000,0 工业投资物 2,100,00 70.00 否
基投资 南 中 00.00 业管理 0.00
发展有
限公司
上海普 上 李培 30,000, 经营自产产 27,000,0 90.00 是
恩伊进 海 忠 000.00 品和与之配 00.00
出口有 套的商品及
限公司 相关技术出
口和进口业
务
上海良 上 李培 22,000, 生产、销售 18,700,0 85.00 是
纺纺织 海 忠 000.00 纺机的锭子 00.00
机械专 罗拉、钢领
件有限 及其他纺机
公司 配件
上海逸 上 崔翎 2,000,0 计算机软硬 1,675,00 83.75 否
杰信息 海 00.00 件，系统集 0.00
科技有 成专业领域
限公司 四技服务
山东良 山 史以 2,000,0 纺织机械销 500,000. 25.00 否
基纺织 东 玉 00.00 售 00
机械有
限公司
上海良 上 成克 2,180,0 纺织机械配 218,000. 10.00 否
宙物资 海 彪 00.00 件销售 00
贸易有
限公司
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
（1）报告期内无因购买、受让股权而增加的控股子公司、合营公司。
（2）报告期内未出售子公司。
（3）无按照比例合并方法进行合并的公司
（4）与上一报告期间相比，合并范围未发生变化。
（5）对持股比例达到50%以上的子公司，未纳入合并范围的原因说明：
海南良基投资发展有限公司已于2003年起停业，并拟于2006年关闭 上海逸杰信息科技有限公司资产总额、销售收入和当期净利润占母子公司资产总额、销售收入和母公司净利润的比例均在10％以下。
(四)合并会计报表附注
1、货币资金
单位:元
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
项目 期末数 期初数
外币金 折算 人民币金额 外币金 折算 人民币金额
额 率 额 率
现金： / / / /
人民币 / / 355,987.83 / / 248,899.95
银行存款： / / / /
人民币 / / 116,846,08 / / 143,032,62
3.31 7.45
美元 91,946 7.995 735,167.68 176,198 8.070 1,421,953.
.53 6 .03 2 34
日元 98,972 0.069 6,875.29 98,972. 0.068 6,800.96
.00 467 00 716
欧元 11,841 10.13 119,966.04 354,620 9.579 3,397,153.
.13 13 .07 7 88
其他货币资 / / / /
金：
人民币 / / 473,221.29 / / 3,267,284.
20
合计 / / 118,537,30 / / 151,374,71
1.44 9.78
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
2、应收票据
(1) 应收票据分类
单位:元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
种类 期末数 期初数
银行承兑汇票 7,873,240.20 124,272,192.72
商业承兑汇票 9,345,823.21
合计 7,873,240.20 133,618,015.93
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
3、应收账款
(1) 应收账款帐龄
单位:元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
账龄 期末数 期初数
账面余额 坏账准备 账面余额
金额 比例 金额 比例%
%
一年 132,273,2 78.9 5,533,94 119,036,873. 76.6 5,951,843.68
以内 66.34 9 0.59 65 6
一至 12,721,02 7.60 1,611,06 13,685,472.1 8.81 1,368,547.22
二年 9.75 2.80 8
二至 267,380.9 0.16 108,335. 349,104.21 0.22 69,820.84
三年 5 72
三年 22,185,74 13.2 16,354,7 22,219,460.9 14.3 16,214,457.2
以上 7.40 5 47.56 2 1 3
合计 167,447,4 100 23,608,0 155,290,910. 100 23,604,668.9
24.44 86.67 96 7
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
(2) 应收帐款坏帐准备变动情况
单位:元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
项目 期初余额 本期增加数 期末余额
应收帐款坏帐准备 23,604,668.97 3,417.70 23,608,086.67
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
(3) 应收账款前五名欠款情况
单位:元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
期末数 期初数
金额 比例% 金额 比例%
前五名欠款 80,404,542.5 48.02 56,328,537.4 36.27
单位合计及 6 8
比例
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
(4) 应收帐款主要单位
单位:元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
单位名称 与本 欠款金额 欠款 欠款原 计提坏 计提坏帐
公司 时间 因 帐比例 原因
关系
上海太平洋纺织机 客户 24,270,0 1年 按合同 5% 按企业会
械成套设备有限公 46.24 以内 分期收 计制度规
司 款 定
滨州太平洋机械设 客户 16,988,5 1年 按合同 5% 按企业会
备有限公司 06.50 以内 分期收 计制度规
款 定
浙江康鑫化纤设备 客户 15,160,0 1年 按合同 5% 按企业会
有限公司 00.00 以内 分期收 计制度规
款 定
魏桥纺织股份有限 客户 12,960,0 1年 按合同 5% 按企业会
公司 00.00 以内 分期收 计制度规
款 定
山东济南正昊化纤 客户 11,025,9 2年 按合同 5% 按企业会
设备有限公司 89.82 以内 分期收 计制度规
款 定
合计 / 80,404,5 / / / /
42.56
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
(5) 本报告期应收帐款中无持有公司5%(含5%)以上表决权股份的股东单位的欠款 4、其他应收款 (1) 其他应收款帐龄
单位:元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
账龄 期末数 期初数
账面余额 坏账准备 账面余额
金额 比例% 金额 比例%
一年 12,772, 71.38 172,352 3,447,042.43 34.17 172,352.1
以内 139.00 .12 2
一至 3,987,6 22.29 547,619 5,476,194.03 54.29 547,619.4
二年 52.18 .40 0
二至 43,258. 0.24 12,050. 60,250.96 0.60 12,050.19
三年 19 19
三年 1,089,8 6.09 1,001,6 1,103,251.08 10.94 1,001,625
以上 00.00 25.54 .54
合计 17,892, 100.00 1,733,6 10,086,738.50 100.00 1,733,647
849.37 47.25 .25
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
(2) 其他应收款坏帐准备变动情况
单位:元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
项目 期初余额 期末余额
其他应收款坏帐准备 1,733,647.25 1,733,647.25
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
(3) 其他应收款前五名欠款情况
单位:元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
期末数 期初数
金额 比例% 金额 比例%
前五名欠款 11,847,112.8 66.21 7,418,299.97 73.55
单位合计及 6
比例
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
(4) 其他应收款主要单位
单位:元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
单位名称 与本公 欠款金额 欠款 欠 计提坏帐 计提 计提坏
司关系 时间 款 金额 坏帐 帐原因
原 比例
因
上海太平洋纺 控股公 7,000,00 1年 往 5 按照企
织机械成套设 司的子 0.00 之内 来 业会计
备有限公司 公司 款 制度
上海良基金属 供应商 2,341,96 1年 未 117,098. 5 按照企
制品有限公司 4.58 之内 到 23 业会计
付 制度
款
期
太平洋机电（ 控股公 1,212,55 1年 往 55,253.8 5 按照企
集团）有限公 司 6.10 之内 来 9 业会计
司 款 制度
良基海南投资 非合并 695,623. 1年 往 按照企
咨询有限公司 范围的 18 之内 来 业会计
子公司 款 制度
上海二纺机中 公司办 596,969. 1年 往 5 按照企
等职业技术学 校 00 之内 来 业会计
校 款 制度
合计 / 11,847,1 / / 172,352. / /
12.86 12
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
报告期末其他应收款中含持本公司5%以上(含5%)表决权股份的股东单位欠款。
本报告期末其他应收款比期初增加77.39%的主要原因是:上海良基金属制品有限公司等单位按正常的协议进行收款而引起的。
5、预付帐款
(1) 预付帐款帐龄
单位:元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
账龄 期末数 期初数
金额 比例 金额 比例
一年以内 29,681,151.4 100.00 10,879,256.2 100.00
4 2
合计 29,681,151.4 100.00 10,879,256.2 100.00
4 2
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
(2) 预付帐款前五名欠款情况
单位:元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
期末数 期初数
金额 比例% 金额 比例%
前五名欠款 12,393,970.7 41.76 6,132,895.2 56.37
单位合计及 7 7
比例
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
(3) 预付帐款主要单位
单位:元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
单位名称 与本公司关 欠款金额 欠款时 欠款原
系 间 因
上海太平洋纺织机械成套 控股公司的 6,200,000.0 1年以内 按协议
设备有限公司 子公司 0 付款
上海骞纪机械有限公司 供应商 3,572,689.8 1年以内 按协议
2 付款
常州同和纺机厂 供应商 1,205,312.2 1年以内 按协议
5 付款
合计 / 10,978,002. / /
07
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
(4) 本报告期预付帐款中无持有公司5%(含5%)以上表决权股份的股东单位的欠款
6、存货
(1) 存货分类
单位:元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
项目 期末数 期初数
账面余额 跌价准备 账面价值 账面余额 跌价准 账面价值
备
原材料 45356882 29126997. 16229885 67,954,2 29,126 38,827,2
.91 21 .70 50.47 ,997.2 53.26
1
库存商 21501011 17596942. 19741316 259,310, 17,596 241,713,
品 0.60 86 7.74 696.66 ,942.8 753.80
6
在产品 11209932 2100992.0 10999833 100,363, 2,100, 98,262,3
9.33 3 7.30 325.58 992.03 33.55
包装物 57482.93 57482.93 19,262.5 19,262.5
6 6
低值易 2477838. 2477838. 2,556,07 2,556,07
耗品 13 13 8.49 8.49
在途材 14521319 14521319 6,875,99 6,875,99
料 .74 .74 5.68 5.68
委托加 680286.4 680286.4 287,294. 287,294.
工物资 4 4 07 07
材料成 -7372678 -7372678 -7,064,9 -7,064,9
本差异 .21 .21 74.19 74.19
合计 38283057 48824932. 334,005, 430,301, 48,824 381,476,
1.87 10 639.77 929.32 ,932.1 997.22
0
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
7、待摊费用
单位:元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
类别 期初数 本期增加数 本期摊销数 期末数 期末结存原因
租赁 501,208.75 90,483.48 410,725.27 尚在摊销期内
合计 501,208.75 90,483.48 410,725.27 /
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
8、长期投资
(1) 长期股权投资分类
单位:元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
项目 期初数 本期增加 本期减少 期末数
股票投资 27,456,567 27,456,567
.12 .12
对子公司投资 8,265,428. 42,288.0 8,223,140.
19 6 13
对合营公司投资 0.00 0.00
对联营公司投资 2,687,343. 103,887. 2,791,231.
93 75 68
其他股权投资 437,122.29 437,122.29
合并价差 -385,342.1 -385,342.1
6 6
合计 38,461,119 103,887. 42,288.0 38,522,719
.37 75 6 .06
减：长期股权投资减值准 2,195,138. 2,195,138.
备 72 72
长期股权投资净值合计 36,265,980 / / 36,327,580
.65 .34
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
(2) 长期股票投资
单位:元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
被投资公司 股份 股票数量 初始投资 帐面余额 减值准 帐面净额
名称 类别 成本 备
ST丰华 法人 388,800. 1,266,000 1,266,00 1,266,00
股 00 .00 0.00 0.00
中国联通 法人 525,096. 1,107,360 1,107,36 1,107,36
股 00 .00 0.00 0.00
G嘉宝 法人 836,784. 2,390,168 2,390,16 2,390,16
股 00 .32 8.32 8.32
爱建股份 法人 2,083,38 7,584,000 7,584,00 167,13 7,416,86
股 8.00 .00 0.00 8.72 1.28
G宏盛 法人 184,800. 306,000.0 306,000. 306,000.
股 00 0 00 00
G南洋 法人 74,052.0 170,400.0 170,400. 170,400.
股 0 0 00 00
G申达 法人 325,248. 495,440.0 495,440. 495,440.
股 00 0 00 00
G申能 法人 450,000. 840,000.0 840,000. 840,000.
股 00 0 00 00
水仙A 法人 880,000. 3,040,000 3,040,00 2,028, 1,012,00
股 00 .00 0.00 000.00 0.00
新世界 法人 471,830. 440,988.8 440,988. 440,988.
股 00 0 80 80
豫园商城 法人 594,594. 1,911,210 1,911,21 1,911,21
股 00 .00 0.00 0.00
同达创业 法人 535,500. 1,605,000 1,605,00 1,605,00
股 00 .00 0.00 0.00
海通证券 法人 7,943,76 6,120,000 6,120,00 6,120,00
股 0.00 .00 0.00 0.00
海南兴安法 法人 337,500. 30,000.00 30,000.0 30,000.0
人 股 00 0 0
北京鹫峰 法人 500,000. 150,000.0 150,000. 150,000.
股 00 0 00 00
合计 / 16,131,3 27,456,56 27,456,5 2,195, 25,261,4
52.00 7.12 67.12 138.72 28.40
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
(3) 其他股权投资
单位:元 币种:人民币
1)对子公司、合营企业和联营企业投资的情况
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
被投资单 与 占被投 投资期 期初余 本期增 分得的 期末余 核
位名称 母 资公司 限 额 减额 现金红 额 算
公 注册资 利 方
司 本比例 法
关 (%)
系
上海逸杰 对 83.75 2001-04 1,807, 24,908 67,196 1,765, 权
信息科技 子 ～2021- 946.60 .15 .21 658.54 益
有限公司 公 3 法
司
投
资
临海良纺 对 83 ～ 6,457, 6,457, 权
纺织机械 子 481.59 481.59 益
专件有限 公 法
公司（注 司
2） 投
资
二纺机化 对 20 2002-05 98,600 -98,60 0 权
纤成套设 联 ～2017- .82 0.82 益
备有限公 营 5 法
司 企
业
投
资
太平洋纺 对 20 2002-07 1,988, 203,05 2,191, 权
机成套设 联 ～2022- 301.67 0.70 352.37 益
备有限公 营 7 法
司 企
业
投
资
山东良基 对 25 无限～ 600,44 -562.1 599,87 权
纺织机械 联 1.44 3 9.31 益
有限公司 营 法
企
业
投
资
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
2)其他股权投资
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
被投资单位名称 期初余额 期末余额 核算方法
上海良宙物资贸易有限公司 366,122.29 366,122.29 成本法
上海银行 71,000.00 71,000.00 成本法
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
(4) 股权投资差额
单位:元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
被投资单位名称 期初金 初始余额 期末余 形成原因 摊销年
额 额 限
上海良纺纺织机械专件 -690,71 -1,381,4 -690,71 投资时产 十年
有限公司 2.16 24.36 2.16 生
上海普恩伊进出口有限 305,370 610,740. 305,370 股权转让 十年
公司 .00 00 .00 产生
合计 -385,34 -770,684 -385,34 / /
2.16 .36 2.16
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
(5) 合并价差
单位:元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
被投资单位名称 初始余额 期初金 期末余 形成原因 摊销年
额 额 限
上海良纺纺织机械专件 -1,381,4 -690,71 -690,71 投资时产 十年
有限公司 24.36 2.16 2.16 生
上海普恩伊进出口有限 610,740. 305,370 305,370 股权转让 十年
公司 00 .00 .00 产生
合计 -770,684 -385,34 -385,34 / /
.36 2.16 2.16
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
9、固定资产
单位:元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
项目 期初数 本期增加数 本期减少数 期末数
一、原价合计： 1,039,027,0 5,452,558.7 8,499,569. 1,035,980,07
90.45 6 34 9.87
其中：房屋及建 467,594,483 343,748.07 831,595.14 467,106,636.
筑物 .43 36
机器设备 571,432,607 5,108,810.6 7,667,974. 568,873,443.
.02 9 20 51
二、累计折旧合 475,332,210 18,834,881. 5,213,218. 488,953,873.
计： .79 73 97 55
其中：房屋及建 117,489,510 5,065,436.6 777,837.80 121,777,109.
筑物 .96 3 79
机器设备 357,842,699 13,769,445. 4,435,381. 367,176,763.
.83 10 17 76
三、固定资产净 563,694,879 -13,382,322 3,286,350. 547,026,206.
值合计 .66 .97 37 32
其中：房屋及建 350,104,972 -4,721,688. 53,757.34 345,329,526.
筑物 .47 56 57
机器设备 213,589,907 -8,660,634. 3,232,593. 201,696,679.
.19 41 03 75
四、减值准备合 93,982,763. 93,982,763.3
计 37 7
其中：房屋及建 21,519,736. 21,519,736.0
筑物 04 4
机器设备 72,463,027. 72,463,027.3
33 3
五、固定资产净 469,712,116 -13,382,322 3,286,350. 453,043,442.
额合计 .29 .97 37 95
其中：房屋及建 328,585,236 -4,721,688. 53,757.34 323,809,790.
筑物 .43 56 53
机器设备 141,126,879 -8,660,634. 3,232,593. 129,233,652.
.86 41 03 42
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
10、在建工程
单位:元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
项目 期末数 期初数
帐面余额 减值准 帐面净额 帐面余额 减值准 帐面净额
备 备
在建工 6,988,04 6,988,04 5,917,191 5,917,19
程 8.70 8.70 .66 1.66
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
(1) 在建工程项目变动情况
单位: 币种:
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
项目名称 期初数 本期增 转入固定 工程进 资金 期末数
加 资产 度 来源
设备维护工 5,917,191 7,588,7 6,517,85 进行中 自有 6,988,048
程等 .66 15.13 8.09 资金 .70
合计 5,917,191 7,588,7 6,517,85 / / 6,988,048
.66 15.13 8.09 .70
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
11、短期借款 (1) 短期借款分类：
单位:元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
项目 期末数 期初数
担保借款 177,228,124.98 186,946,000.00
信用借款 88,735,385.47
合计 177,228,124.98 275,681,385.47
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
12、应付帐款： (1) 应付帐款帐龄
单位:元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
账龄 期末数 期初数
金额 比例% 金额 比例%
一年以内 172,260,343.3 78.59 216,700,587.1 77.49
9 3
一至二年 18,720,900.78 8.54 25,139,874.65 8.99
二至三年 17,158,192.86 7.83 23,485,126.49 8.40
三年以上 11,049,191.80 5.04 14,328,647.26 5.12
合计 219,188,628.8 100.00 279,654,235.5 100.00
3 3
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
报告期末无帐龄超过三年的大额应付帐款。 应付帐款期末比期初下降6046.56万的主要原因是公司加快了对客户的清偿力度. (2) 应付帐款主要单位
单位:元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
单位名称 与本公司关 欠款金额 欠款时 欠款原因
系 间
吴江良基机械制造有限 供应商 15,480,582 1年以内 货物尚未验
公司 .37 收
风弛纺织工贸有限公司 供应商 2,994,233. 1年以内 货物尚未验
79 收
上海跃越金属制品有限 供应商 3,021,529. 1年以内 货物尚未验
公司 62 收
合计 / 21,496,345 / /
.78
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
报告期末应付帐款无欠本公司5%以上（含5%）表决权股份的股东款项。
13、预收帐款：
(1) 预收帐款帐龄
单位:元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
账龄 期末数 期初数
金额 比例% 金额 比例%
一年以内 63,344,420.80 100.00 79,601,446.80 99.58
一至二年 332,076.94 0.42
合计 63,344,420.80 100.00 79,933,523.74 100.00
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
(2) 预收帐款主要单位
单位:元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
单位名称 与本公司关 欠款金额 欠款时 欠款原因
系 间
北京北毛纺织集团公司 客户 3,500,00 1年以内 款已收，未发
0.00 货
滨州泰丰棉纺织有限公 客户 1,450,00 1年以内 款已收，未发
司 0.00 货
新乡市金星纺织有限公 客户 1,015,00 1年以内 款已收，未发
司 0.00 货
安徽纺织机械器材公司 客户 880,000. 1年以内 款已收，未发
00 货
安庆宿松互益精纺有限 客户 800,000. 1年以内 款已收，未发
公司 00 货
合计 / 7,645,00 / /
0.00
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
14、应付福利费：
单位:元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
项目 期末数 期初数 未支付原因
提取数 1,684,308.38 1,268,447.25 未使用完毕
合计 1,684,308.38 1,268,447.25 /
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
15、应付股利：
单位:元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
项目 期末数 期初数
股利分配 48,982.25 28.84
合计 48,982.25 28.84
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
应付股利系上海良基实业有限公司2005度股利分配未支付部分。
16、应交税金：
单位:元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
项目 期末数 期初数 计缴标准
增值税 5,098,214.06 -1,187,774.72 17%
营业税 851,643.79 45,966.92 5%
所得税 874,051.50 2,073,600.63 15%~33%
个人所得税 9,126.57 200,853.81
城建税 598,172.06 1%-7%
其他 8,089.83
合计 6,833,035.92 1,738,908.53 /
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
应交税金报告期末比期初增加的主要原因是：母公司的应交增值税交期初上升所致。报告期内无超过法定纳税期限的应交税金。
17、其他应交款：
单位:元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
项目 期末数 期初数 费率说明
教育费附加 808,452.64 881,095.50 3%
河道管理费 59,408.73 85,571.03 1%
合计 867,861.37 966,666.53 /
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
18、其他应付款： (1) 其他应付款帐龄
单位:元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
账龄 期末数 期初数
金额 比例% 金额 比例%
一年以内 34,592,285.02 92.80 38,992,847.22 90.81
一至二年 782,874.16 2.10 1,335,693.20 3.11
二至三年 29,384.15 0.08 48,124.39 0.11
三年以上 1,872,671.81 5.02 2,562,148.63 5.97
合计 37,277,215.14 100.00 42,938,813.44 100.00
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
本报告期末其他应付款较期初减少5,661,598.30元，主要是在报告期内进行了清偿。
19、预提费用：
单位:元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
项目 期末数 期初数 结存原因
利息支出 1,476,457.84 1,285,249.52 尚未支付
律师费 385,909.64
其他 791,898.22
合计 1,476,457.84 2,463,057.38 /
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
20、长期借款
(1) 长期借款分类：
单位:元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
项目 期末数 期初数
信用借款 4,082,730.79 4,082,730.79
合计 4,082,730.79 4,082,730.79
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
子公司良基机械财务状况困难，逾期未还。 22、少数股东权益： 本报告期内的少数股东权益为8,471,209.62元。
23、股本
股份变动情况表
单位:股
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
本次变动前 本次变动增减（＋，－） 本次变动后
数量 比例 发 送股 公积 其 小计 数量 比
行 金转 他 例
新 股
股
一、有限售条件股份
1、国家 262,34 46.3 -24,913 -24,913 237,42 41.
持股 2,310 1% ,658 ,658 8,652 92%
2、国有 262,34 46.3 -24,913 -24,913 237,42 41.
法人持 2,310 1% ,658 ,658 8,652 92%
股
3、其他
内资持
股
其中：
境内法
人持股
境内自
然人持
股
4、外资 232,92 41.1 232,92 41.
持股 5,000 2% 5,000 12%
其中：
境外法
人持股
境外自 232,92 41.1 232,92 41.
然人持 5,000 2% 5,000 12%
股
有限售
条件股
份合计
二、无限售条件流通股份
1、人民 71,181 12.5 24,913, 96,095 16.
币普通 ,880 7% 658 ,538 96%
股
2、境内
上市的
外资股
3、境外
上市的
外资股
4、其他
无限售
条件流
通股份
合计
三、股 566,44 100. 0 566,44 100
份总数 9,190 00% 9,190 %
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
根据商资批[2006]560号<<商务部关于同意上海二纺机股份有限公司股权转让的批复>>,同意公司根据2006年1月23日公司股东大会通过的股权分置改革方案由非流通股股东太平洋机电(集团)有限公司将共计24,913,658股股票转让给A股流通股,A股流通股股东每持有10股流通股可获得3.5股A股股票。由此,公司股本结构发生了上述变化。
24、资本公积：
单位:元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
项目 期初数 本期增加 本期减少 期末数
股本溢价 29,411,508.8 29,411,508.
8 88
接受捐赠非现 218,201.00 218,201.00
金资产准备
股权投资准备 3,942,635.13 3,942,635.1
3
其他资本公积 35,810,083.3 125,169.71 35,810,083.
7 37
合计 69,412,428.3 125,169.71 69,537,598.
8 09
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
25、未分配利润：
单位:元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
项目 期末数
净利润 2,263,356.88
加：年初未分配利润 17,135,792.19
其他转入
减：提取法定盈余公积
提取法定公益金
未分配利润 19,399,149.07
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
26、未确认的投资损失：
单位:元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
项目 期末数 期初数
未确认的投资损失 709,508.87 863,265.45
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
27、主营业务收入及主营业务成本
(1) 分行业主营业务
单位:元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
行业名称 本期数 上年同期数
营业收入 营业成本 营业收入 营业成本
纺机类行业 523,588,768 485,629,819 452,612,955 398,057,155
.28 .50 .10 .12
其他 1,362,176.1 358,394.16 1,121,753.0 150,546.54
7 6
其中:关联交易 25,857,546. 24,019,970. 61,938,533. 52,506,105.
01 67 96 18
合计 524,950,944 485,988,213 453,734,708 398,207,701
.45 .66 .16 .66
内部抵消 128,054,395 128,054,395 94,149,686. 94,149,686.
.80 .80 46 46
合计 396,896,548 357,933,817 359,585,021 304,058,015
.65 .86 .70 .20
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
(2) 分产品主营业务
单位:元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
产品名称 本期数 上年同期数
营业收入 营业成本 营业收入 营业成本
纺机类产品 523,588,768 485,629,819 452,612,955 398,057,155
.28 .50 .10 .12
其他 1,362,176.1 358,394.16 1,121,753.0 150,546.54
7 6
其中:关联交易 25,857,546. 24,019,970. 61,938,533. 52,506,105.
01 67 96 18
合计 524,950,944 485,988,213 453,734,708 398,207,701
.45 .66 .16 .66
内部抵消 128,054,395 128,054,395 94,149,686. 94,149,686.
.80 .80 46 46
合计 396,896,548 357,933,817 359,585,021 304,058,015
.65 .86 .70 .20
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
(3) 分地区主营业务
单位:元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
地区名称 本期数 上年同期数
营业收入 营业成本 营业收入 营业成本
中国境内 427,942,453 393,525,135 351,433,106 301,606,529
.44 .11 .07 .98
中国境外 97,008,491. 92,463,078. 102,301,602 96,601,171.
01 55 .09 68
其中:关联交易 25,857,546. 24,019,970. 61,938,533. 52,506,105.
01 67 96 18
合计 524,950,944 485,988,213 453,734,708 398,207,701
.45 .66 .16 .66
内部抵消 128,054,395 128,054,395 94,149,686. 94,149,686.
.80 .80 46 46
合计 396,896,548 357,933,817 359,585,021 304,058,015
.65 .86 .70 .20
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
28、主营业务税金及附加：
单位:元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
项目 本期数 上年同期数 计缴标准
营业税 57,362.04 56,087.68 5%
城建税 1,220,388.58 1,081,848.24 1%-7%
教育费附加 524,498.71 465,091.52 3%
合计 1,802,249.33 1,603,027.44 /
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
29、其他业务利润：
单位:元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
项目 本期数 上年同期数
收入 成本 利润 收入 成本 利润
材料销 6,097,57 5,312,04 785,526. 22,409,5 24,386,3 -1,976,7
售 1.14 4.58 56 91.17 86.81 95.64
租赁收 7,564,80 3,735,04 3,829,76 6,642,17 3,243,53 3,398,64
入 3.19 0.19 3.00 9.70 8.71 0.99
其他 8,783,09 8,884,37 -101,286 2,287,42 2,440,19 -152,764
0.38 7.19 .81 7.57 1.60 .03
合计 22,445,4 17,931,4 4,514,00 31,339,1 30,070,1 1,269,08
64.71 61.96 2.75 98.44 17.12 1.32
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
30、财务费用
单位:元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
项目 本期数 上年同期数
利息支出 4,554,825.58 5,043,785.50
减：利息收入 471,747.02 449,534.60
汇兑损失 353,436.74 485,975.95
减：汇兑收益 310,048.05 558,899.98
其他 125,472.14 41,208.69
合计 4,251,939.39 4,562,535.56
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
31、投资收益
单位:元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
项目 本期数 上年同期数
长期投资收益 220,949.01 1,428,323.42
其中：按权益法确认收益 149,597.73 1,153,740.14
按成本法核算的被投资单位 71,351.28 274,583.28
分派利润
合计 220,949.01 1,428,323.42
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
32、营业外收入：
单位:元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
项目 本期数 上年同期数
固定资产清理收入 1,673,406.44
武夷路地块出售收入 14,805,462.40
退税款 452,900.00
其他 1,951,893.65 85,788.60
合计 16,757,356.05 2,212,095.04
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
33、营业外支出：
单位:元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
项目 本期数 上年同期数
固定资产清理损失 343,359.28 697,238.97
武夷路地块出售计提税金 814,300.43
其他 162,330.28 87,504.61
合计 1,319,989.99 784,743.58
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
34、所得税：
单位:元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
项目 本期数 上年同期数
预交所得税 425,929.54 620,122.57
合计 425,929.54 620,122.57
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
35、收到的其他与经营活动有关的现金
单位:元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
项目 金额
租赁收入及管理费 7,480,793.90
收回往来款及其他 28,023,489.87
合计 35,504,283.77
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
36、支付的其他与经营活动有关的现金
单位:元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
项目 金额
通讯费、水电费 6,386,853.21
差旅费 1,045,670.36
业务招待费 894,785.58
支付职工安置补偿费 2,090,230.00
往来款项及其他 54,221,153.46
合计 64,638,692.61
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
(五)母公司会计报表附注
1、应收账款
(1) 应收账款帐龄
单位:元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
账龄 期末数 期初数
账面余额 坏账准备 账面余额
金额 比 金额 比例
例
一年以 122,411,6 78. 5,664,783 113,227,3 77. 5,661,365.89
内 27.41 66 .59 17.75 32
一至二 11,198,37 7.2 1,119,837 11,198,37 7.6 1,119,837.20
年 2.01 0 .20 2.01 5
二至三 132,768.0 0.0 26,553.60 132,768.0 0.0 26,553.60
年 0 9 0 9
三年以 21,886,71 14. 16,048,08 21,886,71 14. 16,048,085.11
上 6.69 05 5.11 6.69 94
合计 155,629,4 100 22,859,25 146,445,1 100 22,855,841.80
84.11 .00 9.50 74.45 .00
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
(2) 应收帐款坏帐准备变动情况
单位:元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
项目 期初余额 本期增加数 期末余额
应收帐款坏帐准备 22,855,841.80 3,417.70 22,859,259.50
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
(3) 应收账款前五名欠款情况
单位:元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
期末数 期初数
金额 比例 金额 比例
前五名欠款 79,201,466.5 50.89 112,360,567. 76.73
单位合计及 6 00
比例
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
(4) 应收帐款主要单位
单位:元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
单位名称 与本 欠款金额 欠 欠款原 计提坏 计提坏帐
公司 款 因 帐比例 原因
关系 时
间
上海太平洋纺织机 客户 23,066,97 1年 按合同 5 按企业会
械成套设备有限公 0.24 以 分期收 计制度规
司 内 款 定
滨州太平洋机械设 客户 16,988,50 1年 按合同 5 按企业会
备有限公司 6.50 以 分期收 计制度规
内 款 定
浙江康鑫化纤设备 客户 15,160,00 1年 按合同 5 按企业会
有限公司 0.00 以 分期收 计制度规
内 款 定
魏桥纺织股份有限 客户 12,960,00 1年 按合同 5 按企业会
公司 0.00 以 分期收 计制度规
内 款 定
山东济南正昊化纤 客户 11,025,98 2年 按合同 10 按企业会
设备有限公司 9.82 以 分期收 计制度规
内 款 定
合计 / 79,201,46 / / / /
6.56
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
(5) 本报告期应收帐款中无持有公司5%(含5%)以上表决权股份的股东单位的欠款
2、其他应收款 (1) 其他应收款帐龄
单位:元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
账龄 期末数 期初数
账面余额 坏账准备 账面余额
金额 比例% 金额 比例%
一年 11,013, 53.81 152,143 3,042,867.80 26.69 152,143.3
以内 157.33 .39 9
一至 8,354,6 40.82 725,611 7,256,117.63 63.66 725,611.7
二年 78.05 .76 6
三年 1,099,8 5.37 999,900 1,099,800.00 9.65 999,900.0
以上 00.00 .00 0
合计 20,467, 100.00 1,877,6 11,398,785.43 100.00 1,877,655
635.38 55.15 .15
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
(2) 其他应收款坏帐准备变动情况
单位:元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
项目 期初余额 期末余额
其他应收款坏帐准备 1,877,655.15 1,877,655.15
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
(3) 其他应收款前五名欠款情况
单位:元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
期末数 期初数
金额 比例% 金额 比例%
前五名欠款 11,847,112.8 57.88 8,811,719.46 77.30
单位合计及 6
比例
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
(4) 其他应收款主要单位
单位:元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
单位名称 与本公 欠款金额 欠款 欠 计提坏帐 计提 计提坏
司关系 时间 款 金额 坏帐 帐原因
原 比例
因
上海太平洋纺 控股公 7,000,00 1年 往 350,000 5 按照企
织机械成套设 司的子 0.00 之内 来 业会计
备有限公司 公司 款 制度
上海良基金属 供应商 2,341,96 1年 未 117,098. 5 按照企
制品有限公司 4.58 之内 到 23 业会计
付 制度
款
期
太平洋机电（ 控股公 1,212,55 1年 往 60,627.8 5 按照企
集团）有限公 司 6.10 之内 来 1 业会计
司 款 制度
良基海南投资 非合并 695,623. 1年 往 34,781.1 5 按照企
咨询有限公司 范围的 18 之内 来 6 业会计
子公司 款 制度
上海二纺机中 公司办 596,969. 1年 往 29,848.4 5 按照企
等职业技术学 校 00 之内 来 5 业会计
校 款 制度
合计 / 11,847,1 / / 592,355. / /
12.86 65
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
(5) 本报告期其他应收帐款中持有公司5%(含5%)以上表决权股份的股东单位的欠款情况
单位:元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
单位名称 期末数 期初数
欠款金额 计提坏帐金 欠款金额 计提坏帐金
额 额
太平洋机电（集 1,212,556.1 60,627.81 685,026.90 34,251.35
团）有限公司 0
合计 1,212,556.1 60,627.81 685,026.90 34,251.35
0
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
控股公司-太平洋机电（集团）有限公司其承担的二纺机协商解除劳动合同补偿款按正常进度付款的余额为1,212,556.10元。
3、长期投资
(1) 长期股权投资分类
单位:元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
项目 期初数 本期增 本期减少 期末数
加
股票投资 27,456,567. 27,456,567
12 .12
对子公司投资 74,519,683. 718,618 9,869,956 65,368,345
71 .40 .59 .52
对联营公司投资 2,687,343.9 162,002 99,162.95 2,750,183.
3 .90 88
其他股权投资 366,122.29 366,122.29
股权投资差额 -385,342.16 -385,342.1
6
合计 104,644,374 880,621 9,969,119 95,555,876
.89 .30 .54 .65
减：长期股权投资减值 2,195,138.7 2,195,138.
准备 2 72
长期股权投资净值合计 102,449,236 / / 93,360,737
.17 .93
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
(2) 长期股票投资
单位:元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
被投资公司 股份 股票数量 初始投资 帐面余额 减值准 帐面净额
名称 类别 成本 备
ST丰华 法人 388,800.0 1,266,00 1,266,00 1,266,00
股 0 0.00 0.00 0.00
中国联通 法人 525,096.0 1,107,36 1,107,36 1,107,36
股 0 0.00 0.00 0.00
G嘉宝 法人 836,784.0 2,390,16 2,390,16 2,390,16
股 0 8.32 8.32 8.32
爱建股份 法人 2,083,388 7,584,00 7,584,00 167,138 7,416,86
股 .00 0.00 0.00 .72 1.28
G宏盛 法人 184,800.0 306,000. 306,000. 306,000.
股 0 00 00 00
G南洋 法人 74,052.00 170,400. 170,400. 170,400.
股 00 00 00
G申达 法人 325,248.0 495,440. 495,440. 495,440.
股 0 00 00 00
G申能 法人 450,000.0 840,000. 840,000. 840,000.
股 0 00 00 00
水仙A 法人 880,000.0 3,040,00 3,040,00 2,028,0 1,012,00
股 0 0.00 0.00 00.00 0.00
新世界 法人 471,830.0 440,988. 440,988. 440,988.
股 0 80 80 80
豫园商城 法人 594,594.0 1,911,21 1,911,21 1,911,21
股 0 0.00 0.00 0.00
同达创业 法人 535,500.0 1,605,00 1,605,00 1,605,00
股 0 0.00 0.00 0.00
海通证券 法人 7,943,760 6,120,00 6,120,00 6,120,00
股 .00 0.00 0.00 0.00
海南兴安法 法人 337,500.0 30,000.0 30,000.0 30,000.0
人 股 0 0 0 0
北京鹫峰 法人 500,000.0 150,000. 150,000. 150,000.
股 0 00 00 00
合计 / 16,131,35 27,456,5 27,456,5 2,195,1 25,261,4
2.00 67.12 67.12 38.72 28.40
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
(3) 其他股权投资
单位:元 币种:人民币
1)对子公司、合营企业和联营企业投资的情况
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
被投资 与 占 投资 投资成 期初余 本期增 分得 期末余 核
单位名 母 被 期限 本 额 减额 的现 额 算
称 公 投 金红 方
司 资 利 法
关 公
系 司
注
册
资
本
比
例
(%
)
上海良 对 90 1999- 11,176 13,040 507,171 881, 12,666, 权
基实业 子 01～2 ,200.0 ,677.6 .09 161. 687.56 益
有限公 公 018-1 0 0 13 法
司 司 2
投
资
上海良 对 85 2001- 18,919 29,780 -8,916, 20,864, 权
纺纺织 子 05～2 ,458.4 ,988.1 979.70 008.48 益
机械专 公 021-5 0 8 法
件有限 司
公司 投
资
上海普 对 90 1998- 27,000 28,495 186,539 28,682, 权
恩伊进 子 11～2 ,000.0 ,536.0 .16 075.24 益
出口有 公 013-1 0 8 法
限公司 司 1
投
资
上海良 对 90 1998- 1,350, 1,009, -4,619. 1,004,5 权
基机械 子 12～2 000.00 193.09 55 73.54 益
有限公 公 014-1 法
司 司 2
投
资
上海逸 对 83 2001- 1,675, 1,807, 24,908. 67,1 1,765,6 权
杰信息 子 .7 04～2 000.00 946.60 15 96.2 58.54 益
科技有 公 5 021-4 1 法
限公司 司
投
资
二纺机 对 20 2003- 100,00 98,600 -98,600 权
化纤成 合 05～2 0.00 .82 .82 益
套设备 营 023-5 法
有限公 企
司 业
投
资
太平洋 对 20 2002- 1,000, 1,988, 162,002 2,150,3 权
纺机成 合 07～2 000.00 301.67 .90 04.57 益
套设备 营 022-7 法
有限公 企
司 业
投
资
山东良 对 25 无限 500,00 600,44 -562.13 599,879 权
基纺织 合 ～ 0.00 1.44 .31 益
机械有 营 法
限公司 企
业
投
资
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
2)其他股权投资
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
被投资单位名 占被投资公司注 投资期限 投资 期初余 期末 核算
称 册资本比例(%) 成本 额 余额 方法
上海良宙物资 10 2002-09 366,1 366,12 366,1 成本
贸易有限公司 ～2021-8 22.29 2.29 22.29 法
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
(4) 股权投资差额
单位:元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
被投资单位名称 期初金 初始余 期末余额 形成原因 摊销
额 额 年限
上海良纺纺织机械专件 -690,71 -1,381, -690,712 投资时产 十年
有限公司 2.16 424.36 .16 生
上海普恩伊进出口有限 305,370 610,740 305,370. 股权转让 十年
公司 .00 .00 00 产生
合计 -385,34 -770,68 -385,342 / /
2.16 4.36 .16
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
4、预付帐款
本报告期预付帐款中无持有公司5%（含5%）以上表决权股份的股东单位的欠款。
5、未分配利润：
单位: 币种:
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
项目 期末数
净利润 2,263,356.88
加：年初未分配利润 20,292,725.74
其他转入
减：提取法定盈余公积
提取法定公益金
未分配利润 22,556,082.62
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
6、主营业务收入及主营业务成本
(1) 分行业主营业务
单位: 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
行业名称 本期数 上年同期数
营业收入 营业成本 营业收入 营业成本
工业制造类 337,916,862 314,573,124 308,780,682 267,738,448
.54 .91 .16 .79
合计 337,916,862 314,573,124 308,780,682 267,738,448
.54 .91 .16 .79
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
(2) 分产品主营业务
单位:元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
产品名称 本期数 上年同期数
营业收入 营业成本 营业收入 营业成本
纺机类产品 337,916,862 314,573,124 308,780,682 267,738,448
.54 .91 .16 .79
合计 337,916,862 314,573,124 308,780,682 267,738,448
.54 .91 .16 .79
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
(3) 分地区主营业务
单位:元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
地区名称 本期数 上年同期数
营业收入 营业成本 营业收入 营业成本
中国境内 337,916,862 314,573,124 308,780,682 267,738,448
.54 .91 .16 .79
合计 337,916,862 314,573,124 308,780,682 267,738,448
.54 .91 .16 .79
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
7、投资收益
单位:元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
项目 本期数 上年同期数
长期投资收益 1,894,657.47 2,150,675.12
其中：按权益法确认收益 1,894,657.47 1,876,091.84
按成本法核算的被投资单位 274,583.28
分派利润
合计 1,894,657.47 2,150,675.12
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
(六)关联方及关联交易
1、存在控制关系关联方的基本情况
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
关联方名 注册地址 主营业务 与本公 经济性质 法
称 司关系 人
代
表
太平洋机 凯旋路554号 纺织机械、机电产 控股股 国有企业 郑
电（集团 品等 东 （全民所 元
）有限公 有制企业 湖
司 ）
上海良基 外高桥保税区美 国际国内贸易 控股子 国有控股
实业有限 盛路179号 公司
公司
上海良基 澳门路715号 生产销售纺织塑料 全资子 国有控股
塑料制品 件 公司
有限公司
上海良基 西藏南路1671号 生产销售纺纱机械 控股子 国有控股
机械有限 102室 公司
公司
海南良基 海口市经贸市国 工业投资物业管理 控股子 国有控股
投资发展 贸北路德派斯大 公司
有限公司 厦D座1202室
临海良纺 临海市大田镇方 生产、销售纺机的 控股子 国有控股
纺织机械 家弄 锭子罗拉、钢领及 公司
专件有限 其他纺机配件
公司
上海普恩 淮海中路1号柳 经营自产产品和与 控股子 国有控股
伊进出口 林大厦2506室 之配套的商品及相 公司
有限公司 关技术出口和进口
业务
上海良纺 上海红柳路153 生产、销售纺机的 控股子 国有控股
纺织机械 号 锭子罗拉、钢领及 公司
专件有限 其他纺机配件
公司
上海逸杰 场中路687号 计算机软硬件，系 控股子 国有控股
信息科技 统集成专业领域四 公司
有限公司 技服务
上海良宙 场中路687号 纺织机械配件销售 其他 有限责任
物资贸易 公司
有限公司
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
2、存在控制关系关联方的注册资本及其变化情况
单位:万元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
关联方名称 注册资本期初 注册资本增 注册资本期末
数 减 数
太平洋机电（集团）有限公 100,000.00 100,000.00
司
上海良基实业有限公司 1,241.80 1,241.80
上海良基塑料制品有限公司 318.00 318.00
上海良基机械有限公司 150.00 150.00
海南良基投资发展有限公司 300.00 300.00
临海良纺纺织机械专件有限 590.51 590.51
公司
上海普恩伊进出口有限公司 3,000.00 3,000.00
上海良纺纺织机械专件有限 2,200.00 2,200.00
公司
上海逸杰信息科技有限公司 200.00 200.00
上海良宙物资贸易有限公司 218.00 218.00
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
3、存在控制关系的关联方所持股份及其变化情况
单位:万元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
关联方 关联方所 关联方所 关联方 关联方所 关联方所 关联方所
名称 持股份期 持股份比 所持股 持股份增 持股份期 持股份比
初数 例期初数 份增减 减比例（ 末数 例期末数
（％） ％） （％）
太平洋 26,234.2 46.31 -2491.3 -9.50 23,742.8 41.92
机电（ 3 6 6
集团）
有限公
司
上海良 1,117.62 90.00 1,117.62 90.00
基实业
有限公
司
上海良 286.20 90.00 286.20 90.00
基塑料
制品有
限公司
上海良 135.00 90.00 135.00 90.00
基机械
有限公
司
海南良 210.00 70.00 210.00 70.00
基投资
发展有
限公司
临海良 490.51 83.00 490.51 83.00
纺纺织
机械专
件有限
公司
上海普 2,700.00 90.00 2,700.00 90.00
恩伊进
出口有
限公司
上海良 1,870.00 85.00 1,870.00 85.00
纺纺织
机械专
件有限
公司
上海逸 167.50 83.75 167.50 83.75
杰信息
科技有
限公司
上海良 21.80 10.00 21.80 10.00
宙物资
贸易有
限公司
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
4、不存在控制关系关联方的基本情况
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
关联方名称 关联方与本公司关系
太平洋纺机成套设备有限公司 合营公司
山东良基纺织机械有限公司 合营公司
上海新四机机电有限责任公司 母公司的控股子公司
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
5、关联交易情况
(1) 购买商品、接受劳务的关联交易
单位:元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
关联方 关联 关联 本期数 上年同期数
交易 交易 金额 占同类交 金额 占同类交
内容 定价 易金额的 易金额的
原则 比例(%) 比例(%)
临海良纺纺 购买 市场 5,660,49 16.48 0 0
织专件有限 价 8.70
公司
上海太平洋 购买 市场 2,820,51 8.21 0 0
纺织机械成 价 2.82
套设备有限
公司
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
(2) 销售商品、提供劳务的关联交易
单位:元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
关联方 关联 关联交 本期数 上年同期数
交易 易定价 金额 占同类交 金额 占同类交
内容 原则 易金额的 易金额的
比例(%) 比例(%)
太平洋机电 销售 市场价 6,526,92 19.01
（集团）有 3.07
限公司
山东良基纺 销售 市场价 6,235,11 18.16 10,488,41 18.29
织机械有限 1.11 0.26
公司
上海太平洋 销售 市场价 13,095,5 38.14 46,843,93 81.71
纺织机械成 11.83 1.39
套设备有限
公司
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
6、关联方应收应付款项
单位:元 币种:人民币
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
应收应付款项 关联方 期初金额 期末金额
名称
应收帐款 太平洋机电（集团）有限公司 7,052,000. 1,582,000
00 .00
应收帐款 上海太平洋纺织机械成套设备有 26,485,912 24,270,04
限公司 .40 6.24
应收帐款 上海新四机机电有限责任公司 6,752,635. 6,752,635
26 .26
其他应收款 太平洋机电（集团）有限公司 0 1,212,556
.10
其他应收款 上海逸杰信息科技有限公司 0 42,740.43
其他应收款 海南良基投资发展有限公司 682,316.58 695,623.1
8
其他应收款 上海太平洋纺织机械成套设备有 7,000,000
限公司 .00
应付帐款 上海新四机机电有限责任公司 1,242,000. 1,142,000
00 .00
预收帐款 太平洋机电（集团）有限公司 7,832,991. 4,402,391
00 .00
预收帐款 上海新四机机电有限责任公司 0 189,826.0
5
预收帐款 山东良基纺织机械有限公司 5,504,178. 1,482,920
62 .00
其他应付款 太平洋机电（集团）有限公司 685,026.90 772,840.7
3
其他应付款 上海二纺机化纤成套设备有限公 388,828.00
司
预付帐款 上海太平洋纺织机械成套设备有 6,200,000
限公司 .00
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
(七)或有事项： 无
(八)承诺事项： 无
(九)资产负债表日后事项： 无
(十)其他重要事项： 无 (十一)、财务报表的批准报出：本财务报表经公司董事会批准于2006年8月17日报出。
八、备查文件目录
1、载有法定代表人、财务总监、财务负责人签名并盖章的公司2006年半年度会计报表； 2、报告期内，公司在《上海证券报》、香港《大公报》上公开披露所有文件的正本及公告的原稿； 3、在公司注册地备有公司上述文件原件，供中国证券监督管理委员会、上海证券交易所或股东依据法规或公司章程要求查阅；
4、公司章程文本；
5、其他有关资料。
董事长：郑元湖 上海二纺机股份有限公司 2006年8月17日
董事、高级管理人员关于2006年半年度报告的声明
作为上海二纺机股份有限公司的董事、高级管理人员，我们认为本公司2006年半年度报告真实、准确地反映了公司的经营情况和财务状况，我们保证2006年半年度报告所载资料不存在任何虚假记载、误导性陈述或重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。
声明人： 签名：
郑元湖
李培忠
崔 翎
梅建中
王承宗
张敷彪
倪 迪
高 勇
曹惠民
韦保荣
潘荣高
龚建平
李 勃
2006年8月17日
SHANGHAI ERFANGJI CO., LTD.
Interim Report 2006
Aug. 17, 2006
Important Notice, Explanation and Contents
The Board of Directors of Shanghai Erfangji Co., Ltd (hereinafter referred to as the Company), the Supervisory Committee, and all the directors, supervisors and senior executives hereby assure that there are no false records, misleading statements or significant omissions in this report, and they would shoulder any individual as well as joint responsibility concerning to the authenticity, accuracy and completeness of the contents.
Due to some important business, director Mr. Cui Ling can not attend the meeting in person, but he has entrusted director Mr. Mei Jianzhong to vote on his behalf.
Legal representative of the Company Mr. Zheng Yuanhu, CFO Mr. Mei Jianzhong and Manager of the Finance Dept. Mr. Chen Zhihu hereby confirm that the Financial Report in the Interim Report is true and complete.
This report has been prepared in both Chinese and English. Should there be any ambiguity in the meanings of the two versions, the Chinese one shall prevail.
The Interim Report of the Company has not been audited.
CONTENTS
SECTION I. COMPANY PROFILE--------------------------------------------------------------------
SECTION II. CHANGES IN SHARE CAPITAL AND SHARES HELD BY MAJOR SHAREHOLDERS--------------------------------------------------------------------------------
SECTION III. PARTICULARS ABOUT DIRECTORS, SUPERVISORS, AND SENIOR EXECUTIVES-----------------------------------------------------------------------------------------------
SECTION IV. DISCUSSION AND ANALYSIS OF THE MANAGEMENT TEAM----------------------------------------------------------------------------------------------------------
SECTION V. SIGNIFICANT EVENTS----------------------------------------------------------------
SECTION VI. FINANCIAL REPORT------------------------------------------------------------------
SECTION VII. DOCUMENTS AVAILABLE FOR REFERENCE-------------------------------
SECTION I. COMPANY PROFILE
1. Legal Name of the Company in Chinese:上海二纺机股份有限公司
Legal Name of the Company in English: Shanghai Erfangji Co., Ltd.
2. Stock Exchange Listed with: Shanghai Stock Exchange
Short Form of the Stock: G Erfangji, Erfangji B
Stock Code: 600604, 900902
3. Registered Address: No. 687, Changzhong Road, Shanghai
Office Address: No. 687, Changzhong Road, Shanghai
Postal code: 200434
Website: http://www.shefj.com
E-mail: shej@public7.sta.net.cn
4. Legal Representative: Zheng Yuanhu
5. Secretary of the Board: Li Bo
Contact Address: No. 687, Changzhong Road, Shanghai
Tel.: 021-51265073
Fax: 021-65318494
E-mail: shej@public7.sta.net.cn
Securities Affairs Representative: Wu Tao
Contact Address: No. 687, Changzhong Road, Shanghai
Tel.: 021-51265073
Fax: 021-65318494
E-mail: wutao@shefj.com
6. Newspaper for Publishing the Interim Report of the Company: Shanghai Securities News and Hong Kong Ta Kung Pao
Website of Shanghai Stock Exchange: http://www.sse.com.cn
The Place Where the Interim Report Is Prepared and Placed: Shanghai Erfangji Co., Ltd., No. 687, Changzhong Road, Shanghai
7. Other Relevant Information:
Initial Registered Capital: RMB 303,986,900
Changes of Registered Capital:
RMB 425,581,700 on Oct. 7, 1993 at Shanghai Administration of Industry & Commerce;
RMB 461,839,800 on Dec. 12, 1995 at Shanghai Administration of Industry & Commerce;
RMB 514,953,800 on Jul. 23, 1996 at Shanghai Administration of Industry & Commerce;
RMB 566,449,200 on Jun. 25, 1997 at Shanghai Administration of Industry & Commerce;
Registration Code of Enterprise Legal Person’s Business License: QGHZ Zi No. 019003（SJ）
Registration Code of Tax: GSH Zi No. 310042607225505
Name of Certified Public Accountants Engaged by the Company:
Shulun Pan Certified Public Accountants Co., Ltd
Horwath International Certified Public Accountants
Office Address:
No. 61, Nanjing East Road, Shanghai
Room 2001, Central Plaza, 18 Harbour Road, Wan Chai, Hong Kong
(VIII) Major financial data and indexes
1. Major accounting data and financial indexes
Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Items Attheendof Attheendo Increaseordecreaseatt
thereportp flastyear heendofthereportperio
eriod dthanattheattheendofl
astyear(%)
Currentassets 656,122,79 817,388,3 -19.73
3.46 22.39
Currentliabilities 507,949,03 684,645,0 -25.81
5.51 66.71
Totalassets 1,186,704, 1,362,411 -12.90
003.15 ,629.19
Shareholders’equity 666,201,02 663,658,7 0.38
(excludingminoritysh 7.23 44.06
areholders’interest
)
Netassetspershare(RM 1.176 1.172 0.34
B)
Netasstspershareafte 1.133 1.130 0.27
radjustment(RMB)
Thereportp Thesamepe Increaseordecreaseint
eriod(Janu riodoflas hereportperiodthanthe
ary–June) tyear sameperiodoflastyear(
%)
Netprofit 2,263,356. 3,033,158 -25.38
88 .61
Netprofitafterdeduct -13,088,63 391,586.4 ----
ingnon-recurringgain 0.59 5
sandlosses
Earningspershare(RMB 0.0040 0.0054 -25.93
)
Earningspershare(RMB
)(Note1)
Returnonequity(%) 0.34 0.46 Downby0.12percentagep
oint
Netamountofcashflowa -45,389,19 -27,522,7 ----
risingfromoperatinga 4.91 04.05
ctivities
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
2. Non-recurring gains and losses and the relevant amount deducted
Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Itemsofnon-recurringgainsandlosses Amount
Gainsandlossesarisingfromthedisposaloflong-termequityinv 14,372,3
estment,fixedassets,under-constructionprojects,intangibl 28.97
eassetsandotherlong-termassets
Othernon-operatingincomeandexpensesafterdeductingtheregu 1,065,03
larassetsdepreciationreserveswithdrawnbytheCompanyaccord 7.09
ingtothebusinessaccountingsystem
Amountsinfluencedbyincometax -85,378.
59
Total 15,351,9
87.47
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
3. Return on equity and earnings per share calculated according to the requirements of Regulations on the Information Disclosure of Companies Publicly Issuing Shares No. 9 issued by CSRC:
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Profitofthereportperiod Returnonequity(%) Earningspershare
Fullydil Weighted Fullydil Weighted
uted average uted average
Profitfrommainoperations 5.58 5.58 0.0656 0.0656
Operatingprofit -1.89 -1.89 -0.0222 -0.0222
Netprofit 0.34 0.34 0.0040 0.0040
Netprofitafterdeductingnon -1.96 -1.96 -0.0231 -0.0231
-recurringgainsandlosses
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
SECTION II. CHANGES IN SHARE CAPITAL AND SHARES HELD BY MAJOR SHAREHOLDERS
(I) Statement on the change of shares
Unit: share
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Beforethechange Increaseordecre Afterthechange
aseduringthecha
nge(+,-)
Amount Proport Bonuss Subtota Amount Proport
ion hares l ion
I.Shareswithrestrictionsonsales
1.Sharesheldb 237,428 41.91 237,428 41.91
ytheState ,652 ,652
2.Sharesheldb
yState-ownedl
egalperson
3.Sharesheldb
yotherdomesti
cinvestors
Including:Sha
resheldbydome
sticlegalpers
on
Sharesheldbyd
omesticnatura
lperson
4.Sharesheldb
yforeigninves
tors
Including:Sha
resheldbyfore
ignlegalperso
n
Sharesheldbyf
oreignnatural
person
Totalshareswi 237,428 41.91 237,428 41.91
threstriction ,652 ,652
sonsales
II.Circulatingshareswithoutrestrictionsonsales
1.RMBordinary 96,095, 16.96 96,095, 16.96
shares 538 538
2.Domesticall 232,925 41.13 232,925 41.13
ylistedforeig ,000 ,000
nshares
3.Overseaslis
tedforeignsha
res
4.Others
Totalcirculat 329,020 58.09 329,020 58.09
ingshareswith ,538 ,538
outrestrictio
nsonsales
III.Totalshar 566,449 100 566,449 100
es ,190 ,190
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Approval of the share change:
1. On Feb. 21, 2006, the Company got the Reply from the Ministry of Commerce on Approving the Share Transfer of Shanghai Erfangji Co., Ltd from the Ministry of Commerce.
2. On Feb. 28, 2006, the Company got the Notice on the Relay of the Reply from the Ministry of Commerce on Approving the Share Transfer of Shanghai Erfangji Co., Ltd from the Shanghai Foreign Investment Commission, and the listing of the Company’s shares was resumed on Mar. 3, 2006.
3. On Mar. 3, 2006, the Company transferred the bonus shares to the accounts of shareholders directly as required by the Shanghai Branch of China Securities Depository and Clearing Corporation Limited.
4. The State-Owned Assets Supervision and Administration Commission of Shanghai Municipal Government has entrusted Shanghai Electric (Group) Corporation to manage the state-owned shares of the Company; Pacific Mechatronic (Group) Co., Ltd is an entity authorized with the operation of the Company’s state-owned shares, and holds 237,428,652 shares, taking up 41.91% of the Company’s total share capital.
(II) Particulars about shareholders
1. Number of shareholders and shareholding status
Unit: share
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Totalnumberofshareholdersattheendofthere 82,639,including42,221A-
portperiod shareshareholdersand40,4
18B-shareshareholders
Particularsaboutsharesheldbythetoptenshareholders
NameofShareh Natureof Proport Totalnu Increa Shareswi Number
older sharehol ionofth mberofs seorde threstri ofshar
ders eshares hareshe crease ctionson espled
held(%) ld during saleshel gedorf
therep d rozen
ortper
iod
PacificMecha State-ow 41.91 237,428 237,428, 0
tronic(Group nedshare ,652 652
)Co.,Ltd–au holder
nitauthorize
dwiththeoper
ationofstate
-ownedshares
HSBCPRIVATEB Foreigns 0.17 1,000,0 Unknow
ANK(SUISSE)S harehold 00 n
AGENEVA er
ZhangHuiding Foreigns 0.15 890,571 Unknow
harehold n
er
MERRILLLYNCH Foreigns 0.14 806,425 Unknow
FAREASTLIMIT harehold n
ED er
HSBCFUNDSERV Foreigns 0.12 734,000 Unknow
ICESA/C006-1 harehold n
13039-431 er
ShiYuxing Foreigns 0.11 677,107 Unknow
harehold n
er
HuangZhihao Foreigns 0.11 666,100 Unknow
harehold n
er
LiuDa Foreigns 0.11 655,600 Unknow
harehold n
er
ZhangGuangzh Foreigns 0.11 643,805 Unknow
ong harehold n
er
SCBHKA/CKGIN Foreigns 0.10 604,910 Unknow
VESTMENTSASI harehold n
ALIMITED er
Particularsaboutsharesheldbythetoptenshareholdersholdingshareswith
outrestrictionsonsales
Nameofshareholders Shareswithoutre Type
strictionsonsal
esheld
HSBCPRIVATEBANK(SUISSE)SAGENEVA 1,000,000 Domesticallylist
edforeignshares
ZhangHuiding 890,571 Domesticallylist
edforeignshares
MERRILLLYNCHFAREASTLIMITED 806,425 Domesticallylist
edforeignshares
HSBCFUNDSERVICESA/C006-113039-4 734,000 Domesticallylist
31 edforeignshares
ShiYuxing 677,107 Domesticallylist
edforeignshares
HuangZhihao 666,100 Domesticallylist
edforeignshares
LiuDa 655,600 Domesticallylist
edforeignshares
ZhangGuangzhong 643,805 Domesticallylist
edforeignshares
SCBHKA/CKGINVESTMENTSASIALIMITE 604,910 Domesticallylist
D edforeignshares
YuYusheng 553,000 Domesticallylist
edforeignshares
Explanationontheassociatedrelat Itisunknownwhethertherearerelated
ionshiporconcertedactionamongth relationshipsamongthecirculatings
eaforesaidshareholders hareholdersorwhethertheyhavejoine
dinanyconcertedaction.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Shares held by the top ten shareholder holding restricted shares and restrictions:
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
No Nameofshareho Numberof Listingandtradingo Restrictions
. ldersholdingr restrict Timefo Shareamoun ftherestrictedsha
estrictedshar edshares rlisti tpermitted es
es held ngandt forlisting
rading andtrading
1 PacificMechat 237,428, Mar.3, 237,428,65 Nolistingandtradi
ronic(Group)C 652 2007 2 nginthe1styear;no
o.,Ltd–aunit exceeding5%ofthet
authorizedwit otalsharecapitali
htheoperation nthe2ndyear;theac
ofstate-owned cumulatedamountno
shares exceeding10%ofthe
totalsharecapital
.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
2. Change of the controlling shareholder and actual controller
Neither the controlling shareholder nor the actual controller changed during the report period.
SECTION III. PARTICULARS ABOUT DIRECTORS, SUPERVISORS, AND SENIOR EXECUTIVES
1. Increase of the shares held by directors, supervisors and senior executives of the Company in the report period: (I) Change of shares held by directors, supervisors and senior executives
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Name Title Numbero Numbero Incre Reasonforthechange
fshares fshares aseor
atthebe attheen decre
ginning dofthep aseof
ofthepe eriod share
riod s
ZhengY Chairmanofth 0 0 0 0
uanhu eBoard,Secre
taryoftheCPC
LiPeiz Director,Gen 0 0 0 0
hong eralManager,
DeputySecret
aryoftheCPC
CuiLin Director,Exe 3,000 4,050 1,050 3.5sharesweregrante
g cutiveDeputy dtoeach10sharesduri
GeneralManag ngthesharemergerref
er,ChiefEngi orm.
neer
MeiJia Director,CFO 1,000 1,350 350 3.5sharesweregrante
nzhong dtoeach10sharesduri
ngthesharemergerref
orm.
WangCh Director,Dep 3,000 4,050 1,050 3.5sharesweregrante
engzon utySecretary dtoeach10sharesduri
g oftheCPC,Cha ngthesharemergerref
irmanoftheWo orm.
rkers’Union
ZhangF Director 0 0 0
ubiao
NiDi Independentd 0 0 0
irector
GaoYon Independentd 1,863 2,515 652 3.5sharesweregrante
g irector dtoeach10sharesduri
ngthesharemergerref
orm.
CaiHui Independentd 0 0 0
min irector
XuZuch Chairmanofth 0 0 0
eng eUpervisoryC
ommittee,Dep
utySecretary
oftheCPC,Sec
retaryoftheD
isciplineIns
pectionCommi
ssion
YuZhif ViceChairman 0 0 0
en oftheSupervi
soryCommitte
e
GaoErq Supervisor 0 0 0
i
ZhangF Supervisor,D 1,000 1,350 350 3.5sharesweregrante
uhai eputySecreta dtoeach10sharesduri
ryoftheDisci ngthesharemergerref
plineInspect orm.
ionCommissio
n
YangMi Supervisor 1,000 1,350 350 3.5sharesweregrante
n dtoeach10sharesduri
ngthesharemergerref
orm.
WeiBao ViceGeneralM 5,324 7,187 1,863 3.5sharesweregrante
rong anager,Deput dtoeach10sharesduri
ySecretaryof ngthesharemergerref
theCPC orm.
PanRon ViceGeneralM 2,001 2,701 701 3.5sharesweregrante
ggao anager dtoeach10sharesduri
ngthesharemergerref
orm.
GongJi ViceGeneralM 2,000 2,700 700 3.5sharesweregrante
anping anager dtoeach10sharesduri
ngthesharemergerref
orm.
LiBo Secretaryoft 1,000 1,350 350 3.5sharesweregrante
heBoard dtoeach10sharesduri
ngthesharemergerref
orm.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
(II) Directors, supervisors or senior executives newly engaged or dismissed
The Company has not engaged or dismissed any director, supervisor or senior executive in the report period.
SECTION IV. DISCUSSION AND ANALYSIS OF THE MANAGEMENT TEAM
I. Operation of the Company
(I) Discussion and analyses on the operation of the Company
At the beginning of the period, the Board of Directors of the Company proposed the guidelines on the operation of the year 2006: focusing on development, sticking to the work principle of “market, product, management and efficiency”, stepping up the innovation in the Company’s mechanism and system, and striving to realize the “three breakthroughs, three deepenings and five uplifts”. During the upper half year, two leading teams and all the workers have overcome the difficulties brought by the market changes and the adjustment of products and personnel structure and spared no effort to make sure all the work and targets of the year get done and realized, laying a solid foundation for the realization of the annual operation goals:
1. Concentrated on the development of the major products, stepped up the work on the commercialization of the “three major products” and made new breakthroughs in the development of the core technology. In the upper half year, the Company has laid its emphasis on the product development and commercialization work of the three main products with collective winding, namely the chain spinning frame, the flyer frame and the auto spooler; the Company has adjusted its incentive plans for the technical personnel and combined their bonus with the development of the projects, which has successfully boosted the vigor of the technical staff; with limited hands and time and difficult contracts, the whole technical staff have embraced team work and cooperated crisscross for the development of the projects and crack-down of technical difficulties, contributing to the new breakthroughs in the development of products and commercialization work.
2. Established great marketing concept, put great efforts in the development of overseas markets, strengthened the team construction of marketing personnel and improved the examination and incentive mechanism. The Company has vigorously adjusted to the market changes and adapted its marketing strategies, and has made some new breakthroughs in the expansion of market coverage.
3. Unremittingly strengthened its basic management, continued to improve its internal management mechanism, made its management mechanism targeting at uplifting the qualities of the managers, improving the management system and gaining profit, and got new breakthroughs in the effectiveness of the management mechanism.
(II) Operation in the report period
1. Scope and operation of the main operations of the Company
(1) Operation of the main operations of the Company
By the end of the report period, the total consolidated assets of the Company amounted to RMB 1,186,704,000, the liabilities totaled RMB 520,503,000 and the owners’ equity was RMB 666,201,000; income from main operations made by the Company in the upper half year amounted to RMB 396,896,600, the profit from main operations RMB 37,160,500 and the net profit RMB 2,263,400.
Scope of the Company’s main operations: manufacture and sales of textile machines and relevant electronic and electric products, general-purpose machines, photoelectric products, metal products and plastic products; non-publication printing and the printing of packing and decoration materials; technical service; storage operation.
2. Main operations classified according to industries and products
Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Industr Incomefr Costofmai Profit Increase Increase Increase
yorprod ommainop noperatio ratioo ordecrea ordecrea ordecrea
uct erations ns fmaino seofthei seofthec seofthep
perati ncomefro ostofmai rofitrat
ons(%) mmainope noperati ioofmain
rationsy onsyear- operatio
ear-on-y on-year( nsyear-o
ear(%) %) n-year(%
)
Classif
iedacco
rdingto
industr
ies
Flyfram 395,534, 357,575,4 9.60 10.34 17.66 Upby2.44
eindust 372.48 23.70 percenta
ry gepoints
Includi 25,857,5 24,019,97 7.11 -58.25 -54.25 Downby8.
ng:rela 46.01 0.67 11percen
tedtran tagepoin
saction ts
s
Classif
iedacco
rdingto
product
s
Flyfram 395,534, 357,575,4 9.60 10.34 17.66 Upby2.44
eproduc 372.48 23.70 percenta
ts gepoints
Includi 25,857,5 24,019,97 7.11 -58.25 -54.25 Downby8.
ng:rela 46.01 0.67 11percen
tedtran tagepoin
saction ts
s
Pricingprinciplesofrelatedtr Marketprice
ansactions
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
3. Main operations classified according to regions Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Regio Incomefrommainope Increaseordecreaseoftheincomefrommainope
ns rations rationsyear-on-year(%)
Domes 299,888,057.64 16.56
tic
Overs 97,008,491.01 -5.17
eas
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
In the report period, the amount involved in the related transactions of the Company selling products or providing labor service to the controlling shareholder and its subsidiaries totaled RMB 25,857,500.
4. Other operations that have exerted significant influence upon the net profit
Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Otheroperations Gainsandlosses Proportiontakingupthe
netprofit(%)
Incomefromthesalesoft 13,991,161.97 618.16
hepropertiesontheWuyi
Road
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
In the report period, the Company sold the property on Wuyi Road to Shanghai Electric Group Assets Management Co., Ltd, contributing RMB 13,991,161.97 to the net profit.
5. Operation and performance of shareholding companies whose earnings influenced over 10% of the net profit of the Company
Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Nameofco Busines Netprof Investmentyieldcont Proportiontakingu
mpany sscope it ributedbytheshareho ptheListedCompany
ldingcompanies ’snetprofit(%)
Shanghai Interna 563,523 507,171.09 22.41
LiangjiI tionala .43
ndustria nddomes
lCo.,Ltd tictrad
e
Shanghai Manufac 1,158,3 984,617.76 43.50
Liangfan tureand 73.84
gTextile salesof
Machiner spindle
ySpecial ,roller
PartsCo. andothe
,Ltd rpartsf
ortexti
lemachi
nes
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
6. General information on the Company’s capital occupied by the controlling shareholder and its subsidiaries
Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Itemofaccount Relatedparty Amountatthebeg Amountattheen
sreceivableor inningoftheper doftheperiod
payable iod
Accountreceiv PacificMechatronic(G 7,052,000.00 1,582,000.00
able roup)Co.,Ltd
Accountreceiv ShanghaiPacificTexti 26,485,912.40 24,270,046.24
able leMachineCompleteSet
EquipmentCo.,Ltd
Accountreceiv ShanghaiXinsijiMecha 6,752,635.26 6,752,635.26
able tronicCo.,Ltd
Otheraccountr PacificMechatronic(G 0 1,212,556.10
eceivable roup)Co.,Ltd
Otheraccountr ShanghaiYijieInforma 0 42,740.43
eceivable tionTechnologyCo.,Lt
d
Otheraccountr HainanLiangjiInvestm 682,316.58 695,623.18
eceivable ent&DevelopmentCo.,L
td
Otheraccountr ShanghaiPacificTexti 7,000,000.00
eceivable leMachineCompleteSet
EquipmentCo.,Ltd
Accountpayabl ShanghaiXinsijiMecha 1,242,000.00 1,142,000.00
e tronicCo.,Ltd
Accountcollec PacificMechatronic(G 7,832,991.00 4,402,391.00
tedinadvance roup)Co.,Ltd
Accountcollec ShanghaiXinsijiMecha 0 189,826.05
tedinadvance tronicCo.,Ltd
Accountcollec ShandongLiangjiTexti 5,504,178.62 1,482,920.00
tedinadvance leMachineCo.,Ltd
Otheraccountp PacificMechatronic(G 685,026.90 772,840.73
ayable roup)Co.,Ltd
Otheraccountp ShanghaiErfangjiChem 388,828.00
ayable icalFiberCompleteSet
EquipmentCo.,Ltd
Advancepaymen ShanghaiPacificTexti 6,200,000.00
t leMachineCompleteSet
EquipmentCo.,Ltd
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
7. Explanations on the significant changes of the main operations and their structure
By the development of product market and the increase of technological content in products, the sale revenue from the textile machine products of the 1st half year has increased by 15.68% year-on-year.
8. Analyses on the reasons of the significant changes in the profit breakdown compared with last year
Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Item Thereportperiod Lastyear Increaseordecreas
Amount Proporti Amount Proportio
ontaking ntakingup
upthetot thetotalp
alprofit rofit(%)
(%)
Profitfro 37,160 1201.30 121,167 1,217.70 Downby16.4percent
mmainoper ,481.4 ,697.63 agepoints
ations 6
Profitfro 4,514, 145.93 8,055,5 80.96 Upby64.97percenta
motherope 002.75 33.28 gepoints
rations
Periodexp 54,239 1753.41 132,085 1,327.42 Upby425.99percent
ense ,434.5 ,536.23 agepoints
7
Investmen 220,94 7.14 6,293,7 63.25 Downby56.11percen
tyield 9.01 30.71 tagepoints
Subsidyin 0.00 -- 149,000 1.50 --
come .00
Netnon-op 15,437 499.05 6,370,1 64.02 Upby435.03percent
eratingin ,366.0 40.22 agepoints
comeandex 6
pense
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Analyses:
(1) Profit from main operations: the proportion of the profit from main operations taking up the total profit is about the same level as that of the last year, mainly because there is no significant change in the gross profit ratio of the report period compared with that of the last year.
(2) Profit from other operations: since the total profit of the report period has not reached 50% of that of the last year, while the profit from other operations of the report period has exceeded over 50% of that of the last year, the proportion of the profit from other operations taking up the total profit has increased by 64.97 percentage points than that of the last year.
(3) Period expense: in the report period, the Company has strictly controlled the financial budget and limited various non-operation expenses. Therefore, the period expense of the report period has taken up only 41.06% of that of the last year. However, due to the change of the total profit, which is the denominator, there is great change in the proportion of the period expense taking up total profit compared with that of the last year.
(4) Investment yield: the proportion of the investment yield taking up the total profit has decreased by 56.11 percentage points compared with that of the last year, mainly due to the investment yield arising out of selling subsidiaries (Shanghai Liangji Real Estate Co., Ltd and Shanghai O&E Photonics Co., Ltd).
(5) Subsidy income: there is subsidy income in the report period. The subsidy income of the last year was the subsidy received by a subsidiary (Shanghai Liangji Industrial Co., Ltd) amounting to RMB 149,000.
(6) Net non-operating income and expense: the proportion of the net non-operating income and expense taking up the total profit has increased by 435.03 percentage points than that of the last year, mainly caused by the great income from transfer of the real estate on the Wuyi Road in the report period.
(III) Investments in the report period
1. Use of raised proceeds
In the report period, the Company has neither raised any proceeds nor used any proceeds that were raised in previous periods.
2. Projects invested with non-raised proceeds
The Company had no projects invested with non-raised proceeds in the report period.
3. Important investments
The Company had no important investments in the report period.
SECTION V. SIGNIFICANT EVENTS
(I) Administration of the Company
1. To standardize its operation, the Company has revised the Articles of Association, the Rules of Procedure of the Shareholders’ General Meeting, the Rules of Procedure of the Board of Directors and the Rules of Procedure of the Supervisory Committee according to the Company Law of the People’s Republic of China, the Securities Law of the P.R.C. and the Guidelines on the Articles of Association of Listed Companies (2006 revised) issued by the CSRC, and the requirements provided in the Notice on Issuing the Guidelines on the Articles of Association of Listed Companies (ZJGSZ [2006] No. 28), i.e. “all listed companies shall revise their Articles of Association at the 1st Shareholders’ General Meeting after the issuance of this Notice” as well as the guidelines on the revision of the Rules of Procedure of the Shareholders’ General Meeting, the Rules of Procedure of the Board of Directors and the Rules of Procedure of the Supervisory Committee. The documents revised by the Company has been examined by the Board of Directors and submitted to the 21st Shareholders General Meeting (2005) for examination and approval.
Public notices on the aforesaid issues have been published in Shanghai Securities News and Hong Kong Ta Kung Pao May 17, 2006 editions.
2. Pursuant to the requirements of Rules on Administration of Listed Company, the Company continued to improve the corporate administrative structure, standardize the corporate operation, disclose information strictly by rules and lay phases on the management of relations with investors. The directors and independent directors have carefully fulfilled their duties and guarded the overall interests of the Company and the small and medium-sized shareholders’ interests.
(II) Implementation of profit distribution in the report period
In the report period, the Company has planned not to distribute any profit or capitalize any public reserves into share capital for the year 2005.
(III) Profit distribution preplan and the preplan on the capitalization of public reserves for the interim of 2006
There is no preplan on profit distribution or capitalization of public reserves at the interim of 2006.
(IV) Significant lawsuits and arbitrations that should be disclosed by the Company in the report period
1. In March 2001, the Company sued Xinjiang Jingcheng Cotton Textile Factory for debts owed by this company for equipment, and the case number was (2001) HJCZ No. 293. During the first instance, the court ruled that Xinjiang Jingcheng Cotton Textile Factory pay the Company RMB 4,821,200 for commodities. In August 2002, Xinjiang Jingcheng Cotton Textile Factory filed an appeal ([2002] HEZMS [S] ZZ No. 405) against the Company, which was turned down. Right now, the Hongkou Court has authorized Xinjiang Railway Intermediate Court for the execution of the case. Part of the machinery equipment has been sequestered and RMB 70,400 has been recovered. The Company is actively cooperating with the court and organizing the debt recovery work for the accounting receivable.
2. As to the case on the Company suing Shangdong Jinan Zhenghao Advanced Fiber Co., Ltd (hereinafter referred to as Jinan Zhenghao) for contract dispute, Shanghai No. 2 Intermediate People’s Court issued a valid judgment on Sep. 22, 2005 (Case No.: [2005] HEZMS [S] CZ No. 30), which ruled that Jinan Zhenghao repay the Company RMB 11,226,000 for commodities and RMB 561,300 for the breach of contract, and the total amount shall be RMB 11,787,300. When lodging the complaint, the Company had applied for attachment of property, and the Court had sequestered relevant property of Jinan Zhenghao according to legal procedure. Right now, this case has entered into the compulsory execution procedure (Case No.: [2005] HEZZZ No. 1125). Relevant execution work is under way.
(V) Sales of assets
In the report period, the Company transferred the property at Wuyi Road No. 242 to the Shanghai Electric Group Assets Management Co., Ltd, which is a subsidiary of the Company’s shareholder. The book value of the assets was RMB 365,600, the assessed value was RMB 15,200,000 and the selling price was RMB 15,200,000. The benefit generated from this transaction amounted to RMB 13,990,000. The selling price of this transaction has been set according to the evaluation by the Shanghai Fushen Real Estate Evaluation Co., Ltd and confirmed by both parties. This transaction has been published in Shanghai Securities News and Hong Kong Ta Kung Pao Apr. 15, 2006 editions. Right now, the transfer procedures have all been finished. This transaction is a related transaction.
(VI) Significant related transactions
1. Related transactions concerning regular operation
(1) Related transactions of commodity purchase and acceptance of labor service
Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Nameo Conten Pricin Priceo Amount Propor Modeo Mark Influe
frela tofthe gprinc fthere ofther tionta fsett etpr nceoft
tedpa relate ipleof latedt elated kingup lemen ice herela
rty dtrans therel ransac transa theamo tofth tedtra
action atedtr tion ction untsof erela nsacti
ansact thesam tedtr ononth
ion ekindo ansac eprofi
ftrans tion tofthe
action Compan
y
Linha Purcha Market Fairma 5,660, 16.48 Bankc Fair -
iLian se price rketpr 498.70 urren mark
gfang ice t etpr
Texti ice
leSpe
cialP
artsC
o.,Lt
d
Shang Purcha Market Fairma 2,820, 8.21 Bankc Fair -
haiPa se price rketpr 512.82 urren mark
cific ice t etpr
Texti ice
leMac
hiner
yComp
leteS
etEqu
ipmen
tCo.,
Ltd
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
(2) Related transactions on sales of commodities and offer of service
Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Nameof Conten Prici Priceo Amounto Propo Modeof Mar Influe
relate tofthe ngpri fthere ftherel rtion settle ket nceoft
dparty relate ncipl latedt atedtra takin mentof pri herela
dtrans eofth ransac nsactio gupth therel ce tedtra
action erela tion n eamou atedtr nsacti
tedtr ntsof ansact ononth
ansac thesa ion eprofi
tion mekin tofthe
doftr Compan
ansac y
tion
Pacifi Sales Marke Fairma 6,526,9 19.01 Bankcu Fai 473,59
cMecha tpric rketpr 23.07 rrent rma 3.54
tronic e ice rke
(Group tpr
)Co.,L ice
td
Shando Sales Marke Fairma 6,235,1 18.16 Bankcu Fai 444,12
ngLian tpric rketpr 11.11 rrent rma 6.96
gjiTex e ice rke
tileMa tpr
chineC ice
o.,Ltd
Shangh Sales Marke Fairma 13,095, 38.14 Bankcu Fai 919,85
aiPaci tpric rketpr 511.83 rrent rma 4.84
ficTex e ice rke
tileMa tpr
chiner ice
yCompl
eteSet
Equipm
entCo.
,Ltd
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
① The Company sold commodities to the controlling shareholder Pacific Mechatronic (Group) Co., Ltd.
② The Company sold commodities to the affiliated company Shandong Liangji Textile Machine Co., Ltd.
③ The Company sold commodities to Shanghai Pacific Textile Machinery Complete Set Equipment Co., Ltd, which is a subsidiary of the Company’s shareholder.
2. Estimated amount of the related transactions
According to the requirement of the Code of Corporate Governance for Listed Companies in China and to standardize the corporate governance and uplift the operation efficiency and quality, the Board of Directors has applied to the Shareholders’ General Meeting for the authorization to examine and approve the sustainable related transactions on sales and operation in 2006 by the Board according to the market changes in the sales of chemical fiber spinning machine. The 21st Shareholders’ General Meeting (2005) examined and approved the Proposal on the Applying to the Shareholders’ General Meeting for the Authorization to Examine and Approve the Sustainable Related Transactions on Sales and Operation in 2006 by the Board of Directors. It is estimated that the income from the sales of chemical fiber spinning machines will amount to RMB 250 million. Public notices on this issue have been published in Shanghai Securities News and Kong Kong Ta Kung Pao May 17, 2006 editions.
(VII) Important contracts and their implementation in the report period
1. Entrusted management
The Company has made no entrusted management in the report period.
2. Contracting
The Company had no contracting during the report period.
3. Lease
In the report period, the income from the lease of housing properties amounted to RMB 3,829,800.
(VIII) Guarantees
Guarantees that occurred in the report period or that occurred in previous periods and lasted into the report period are as follows:
By Jun. 30, 2006, the external guarantees provided by the Company are as follows (Shanghai Pu’enyi Import & Export Co., Ltd is a subsidiary of the Company with 90% of its shares controlled by the Company):
Unit: RMB’0000
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
ExternalguaranteesoftheCompany(excludingguaranteesforshareholdings
ubsidiaries)
Nameofcomp Dateofoccu Guaran Guarante Guara Accompl Forrelat
aniesguara rrence(agr teeamo etype nteet ishedor edpartie
nteed eementsign unt erm not sornot
ingday)
Totalguaranteeamountoccurredinthereportp 0
eriod
Totalguaranteebalanceattheendofthereport 0
period
GuaranteesforshareholdingsubsidiariesbytheCompany
Totalguaranteeamountoccurredinthereportp 0
eriodforshareholdingsubsidiaries
Totalguaranteebalanceattheendofthereport 1,600
periodforshareholdingsubsidiaries
TotalguaranteeamountoftheCompany(includingguaranteesforshareholdin
gsubsidiaries)
Totalguaranteeamount 1,600
ProportionoftheCompany’snetassetstakenb 2.48
ythetotalguaranteeamount(%)
Including:
Guaranteeamountforshareholders,theactual 0
controllerandtheirrelatedparties
Guaranteeamountforthedebtsoftheguarantee 0
dcompanieswithanasset-liabilityratioofov
er70percent,directlyorindirectly
Theamountbywhichthetotalguaranteeamounte 0
xceeded50percentofthenetassets
Totalamountofaforesaidthreetypesofguaran 0
tees
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The Company had no illegal guarantees in the report period.
(IX) Entrustment of assets management
In the report period, the Company has no entrusted any entity with assets management.
(X) Other significant contracts
The Company had no other significant contracts in the report period.
(XI) Commitments
In the report period, neither the Company nor any shareholder holding over 5% of the Company’s shares has made any commitments or has any commitments made in previous periods and still lasting in the report period that might exert significant influence upon the operation or financial status of the Company.
(XII) Engagement or dismissal of Certified Public Accountants
In the report period, the Company has not changed the Certified Public Accountants. Right now, Shulun Pan Certified Public Accountants Co., Ltd is the auditing agency for the A shares of the Company, and Horwath International Certified Public Accountants is the Company’s B-share auditing agency.
(XIII) In the report period, neither the Company nor the Board or its directors have been inspected by or received any administrative punishment or notice of criticism from the CSRC, or have been punished by other administrative departments or have been criticized publicly by the Shenzhen Stock Exchange.
(XIV) Other significant events
In the report period, the Company held the relevant Shareholders’ General Meeting of the A-share market on Jan. 23, 2006, at which the plan on the share merger reform was examined. The plan on the share merger reform had been approved by overwhelming majority of the votes.
Plan on the share merger reform of the Company: Pacific Mechatronic (Group) Co., Ltd, the shareholder holding non-circulating shares, shall pay 24,913,658 shares to all circulating A-share shareholders registered in book on the record date, i.e. 3.5 shares for each 10 shares held by circulating A-share shareholders. The total share capital of the Company shall remain unchanged after the implementation of the plan, so do the financial indexes of the Company, including the assets, liabilities, owners’ equity and earnings per share, etc.
After getting the approval from the Ministry of Commerce and the Shanghai Foreign Investment Commission, the Company went through the relevant procedures at the Shanghai Stock Exchange and the Shanghai Branch of the China Securities Depository and Clearing Corporation Limited for the resumption of the listing of the Company’s A shares. On Mar. 3, 2006, the listing of the Company’s A shares was officially resumed, the stock abbreviation of the Company’s A shares became “G Erfangji” and the stock code remained the same. The Company has successfully finished all the work on the share merger reform.
(XV) Contingent events
In June 2001, Crédit Agricole Indosuez Shanghai Branch sued the Company in Hong Kong for debts owed by the Company, and the object of the lawsuit was USD 2,605,600. Hong Kong High Court accepted the case and numbered it Lawsuit No. 14569 Zi and the Company responded to the persecution in Hong Kong. As required by Crédit Agricole Indosuez Shanghai Branch, the Court heard the case through summary procedure. On Nov. 30, 2001, Hong Kong High Court issued a judgment that did not support the requirements of the Crédit Agricole Indosuez Shanghai Branch. On Dec. 13, 2001, Crédit Agricole Indosuez Shanghai Branch lodged an appeal, and that was turned down on Jun. 12, 2002. Later, Crédit Agricole Indosuez Shanghai Branch asked to postpone the hearing through common procedure and the Court accepted. On Jan. 5, 2005, the Court began to hear this case and asked the two parties to hand over evidences. Right now, the case is still at the stage of evidence preparation.
(XVI) Indexes to the information disclosure
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Event Nameofthene Publis Internetwebsite
wspaperpubl hingda publishedonandU
ishedinandp te RL
age
PublicNoticeofShanghaiErfang ShanghaiSec Jan.7, http://www.sse.
jiCo.,LtdontheImplementation uritiesNews 2006 com.cn
ResultoftheRectificationafte ,HongKongTa
rthePatrolInspectionoftheSha KungPao
ngahaiSecuritiesSupervisoryB
ureauoftheChinaSecuritiesReg
ulatoryCommission
PublicNoticeofShanghaiErfang ShanghaiSec Jan.9, http://www.sse.
jiCo.,Ltdonthe1stNoticeonthe uritiesNews 2006 com.cn
ConveningoftheRelevantShareh
olders’GeneralMeetingoftheA
-ShareMarket
PublicNoticeofShanghaiErfang ShanghaiSec Jan.10 http://www.sse.
jiCo.,LtdontheGettingtheAppr uritiesNews ,2006 com.cn
ovaloftheShareMergerReformfr
omtheState-OwnedAssetsSuperv
isionandAdministrationCommis
sionofShanghaiMunicipalGover
nment
PublicNoticeofShanghaiErfang ShanghaiSec Jan.12 http://www.sse.
jiCo.,Ltdonthe2ndNoticeonthe uritiesNews ,2006 com.cn
ConveningoftheRelevantShareh
olders’GeneralMeetingoftheA
-ShareMarket
PublicNoticeofShanghaiErfang ShanghaiSec Jan.23 http://www.sse.
jiCo.,LtdontheAbnormalFluctu uritiesNews ,2006 com.cn
ationoftheStock ,HongKongTa
KungPao
PublicNoticeofShanghaiErfang ShanghaiSec Jan.24 http://www.sse.
jiCo.,LtdontheVotingResultsa uritiesNews ,2006 com.cn
ttheRelevantShareholders’Ge
neralMeetingoftheA-ShareMark
et
PublicNoticeofShanghaiErfang ShanghaiSec Feb.27 http://www.sse.
jiCo.,LtdontheGettingtheAppr uritiesNews ,2006 com.cn
ovalfromtheMinistryofCommerc
efortheShareMergerReformandt
heIssuesInvolvingEquityTrans
fer
PublicNoticeofShanghaiErfang ShanghaiSec Feb.28 http://www.sse.
jiCo.,LtdontheImplementation uritiesNews ,2006 com.cn
oftheShareMergerReformPlan
PublicNoticeofShanghaiErfang ShanghaiSec Apr.15 http://www.sse.
jiCo.,LtdontheResolutionsMad uritiesNews ,2006 com.cn
eatthe15thMeetingofthe5thBoa ,HongKongTa
rdofDirectors KungPao
SummaryofAnnualReport2005ofS ShanghaiSec Apr.15 http://www.sse.
hanghaiErfangjiCo.,Ltd uritiesNews ,2006 com.cn
,HongKongTa
KungPao
PublicNoticeofShanghaiErfang ShanghaiSec Apr.15 http://www.sse.
jiCo.,LtdontheResolutionsMad uritiesNews ,2006 com.cn
eatthe11thMeetingofthe5thSup ,HongKongTa
ervisoryCommittee KungPao
PublicNoticeofShanghaiErfang ShanghaiSec Apr.15 http://www.sse.
jiCo.,LtdontheRelatedTransac uritiesNews ,2006 com.cn
tionsonSustainableSalesandOp ,HongKongTa
eration KungPao
PublicNoticeofShanghaiErfang ShanghaiSec Apr.15 http://www.sse.
jiCo.,LtdontheConveningofthe uritiesNews ,2006 com.cn
21stShareholders’GeneralMee ,HongKongTa
ting(2005) KungPao
PublicNoticeofShanghaiErfang ShanghaiSec Apr.15 http://www.sse.
jiCo.,LtdonRelatedTransactio uritiesNews ,2006 com.cn
ns ,HongKongTa
KungPao
PublicNoticeofShanghaiErfang ShanghaiSec Apr.24 http://www.sse.
jiCo.,Ltdonthe1stQuarterlyRe uritiesNews ,2006 com.cn
port2006 ,HongKongTa
KungPao
PublicNoticeofShanghaiErfang ShanghaiSec May17, http://www.sse.
jiCo.,LtdontheResolutionsMad uritiesNews 2006 com.cn
eatthe21stShareholders’Gene ,HongKongTa
ralMeeting(2005) KungPao
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SECTION VI. FINANCIAL REPORT
The financial accounting report of the Company has not been audited in the period.
I. Financial Statements
1. Balance sheet
2. Income statement
3. Cash flow statement
Balance Sheet
Jun. 30, 2006
Compiled by Shanghai Erfangji Co., Ltd Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Assets Note Consolidation Parentcompany
Consoli Paren Amountatt Amountatt Amountat Amountatt
dation tcomp heendofth hebeginni theendof hebeginni
any eperiod ngofthepe theperio ngofthepe
riod d riod
Current
assets:
Monetar 118,537,3 151,374,7 85,692,0 94,507,00
yassets 01.44 19.78 91.72 4.37
Short-t
erminve
stments
Notesre 7,873,240 133,618,0 6,673,24 112,143,6
ceivabl .20 15.93 0.20 23.21
e
Dividen
dsrecei
vable
Interes
treceiv
able
Account 143,839,3 131,686,2 132,770, 123,589,3
sreceiv 37.77 41.99 224.61 32.65
able
Otherac 16,159,20 8,353,091 18,589,9 9,521,130
countsr 2.12 .25 80.23 .28
eceivab
le
Prepaym 29,681,15 10,879,25 10,811,5 8,318,504
ents 1.44 6.22 66.38 .22
Allowan 5,616,195
cerecei .45
vable
Invento 334,005,6 381,476,9 303,715, 339,349,1
ries 39.77 97.22 016.61 69.04
Deferre 410,725.2 410,725.
dandpre 7 27
paidexp
enses
Long-te
rminves
tmentso
nbondsd
uewithi
noneyea
r
Othercu
rrentas
sets
Totalcu 656,122,7 817,388,3 558,662, 687,428,7
rrentas 93.46 22.39 845.02 63.77
sets
Long-te
rminves
tments:
Long-te 36,327,58 36,265,98 93,360,7 102,449,2
rmequit 0.34 0.65 37.93 36.17
yinvest
ments
Long-te
rminves
tmentso
nbonds
Totallo 36,327,58 36,265,98 93,360,7 102,449,2
ng-term 0.34 0.65 37.93 36.17
investm
ents
Includi -385,342. -385,342.
ng:cons 16 16
olidati
ondiffe
rence
Includi -385,342. -385,342.
ng:equi 16 16
tyinves
tmentdi
fferenc
e
Fixedas
sets:
Origina 1,035,980 1,039,027 994,122, 994,212,2
lvalueo ,079.87 ,090.45 231.19 80.85
ffixeda
ssets
Less:ac 488,953,8 475,332,2 470,147, 456,442,0
cumulat 73.55 10.79 156.12 79.29
eddepre
ciation
Netvalu 547,026,2 563,694,8 523,975, 537,770,2
eoffixe 06.32 79.66 075.07 01.56
dassets
Less:de 93,982,76 93,982,76 88,005,4 88,005,46
preciat 3.37 3.37 67.98 7.98
ionrese
rvesfor
fixedas
sets
Netamou 453,043,4 469,712,1 435,969, 449,764,7
ntoffix 42.95 16.29 607.09 33.58
edasset
s
Project
materia
ls
Constru 6,988,048 5,917,191 6,729,20 5,837,191
ctionin .70 .66 1.70 .66
progres
s
Disposa
loffixe
dassets
Totalfi 460,031,4 475,629,3 442,698, 455,601,9
xedasse 91.65 07.95 808.79 25.24
ts
Intangi
bleasse
tsandot
herasse
ts:
Intangi 32,349,84 33,128,01 32,349,8 33,128,01
bleasse 8.35 8.20 48.35 8.20
ts
Long-te 1,872,289
rmdefer .35
redasse
ts
Otherlo
ng-term
assets
Totalin 34,222,13 33,128,01 32,349,8 33,128,01
tangibl 7.70 8.20 48.35 8.20
eassets
anddefe
rredass
ets
Deferre
dtaxes:
Deferre
dtaxes-
debits
Totalas 1,186,704 1,362,411 1,127,07 1,278,607
sets ,003.15 ,629.19 2,240.09 ,943.38
Current
liabili
ties
Short-t 177,228,1 275,681,3 152,628, 244,398,3
ermloan 24.98 85.47 124.98 85.47
s
Notespa
yable
Account 219,188,6 279,654,2 249,092, 268,276,3
spayabl 28.83 35.53 662.09 74.02
e
Deposit 63,344,42 79,933,52 26,847,0 62,807,88
receive 0.80 3.74 95.04 7.92
d
Payroll
payable
Welfare 1,684,308 1,268,447 1,128.10
payable .38 .25
Dividen 48,982.25 28.84
dspayab
le
Taxespa 6,833,035 1,738,908 6,653,08 9,953,176
yable .92 .53 8.24 .94
Othersp 867,861.3 966,666.5 852,819. 966,248.1
ayablet 7 3 67 4
ogovern
ment
Otherpa 37,277,21 42,938,81 28,397,8 29,977,32
yables 5.14 3.44 47.56 3.53
Accrued 1,476,457 2,463,057 445,457. 2,463,057
expense .84 .38 84 .38
Estimat
edliabi
lities
Long-te
rmliabi
litiesd
uewithi
noneyea
r
Othercu
rrentli
abiliti
es
Totalcu 507,949,0 684,645,0 464,918, 618,842,4
rrentli 35.51 66.71 223.52 53.40
abiliti
es
Long-te
rmliabi
lities:
Long-te 4,082,730 4,082,730
rmloans .79 .79
Bondspa
yable
Long-te
rmpayab
les
Specifi
cpayabl
es
Otherlo
ng-term
liabili
ties
Totallo 4,082,730 4,082,730
ng-term .79 .79
liabili
ties
Deferre
dtaxes:
Deferre
dtaxes
–credi
ts
Totalli 512,031,7 688,727,7 464,918, 618,842,4
abiliti 66.30 97.50 223.52 53.40
es
Minorit 8,471,209 10,025,08
yshareh .62 7.63
olders
’equit
y
Owners
’equit
y(orsha
reholde
rs’equ
ity):
Paid-up 566,449,1 566,449,1 566,449, 566,449,1
capital 90.00 90.00 190.00 90.00
(orshar
ecapita
l)
Less:in
vestmen
treturn
ed
Netpaid 566,449,1 566,449,1 566,449, 566,449,1
-upcapi 90.00 90.00 190.00 90.00
tal(ors
harecap
ital)
Capital 69,537,59 69,412,42 69,537,5 69,412,42
reserve 8.09 8.38 98.09 8.38
s
Surplus 11,524,59 11,524,59 3,611,14 3,611,145
reserve 8.94 8.94 5.86 .86
s
Includi
ng:stat
utorywe
lfarere
serve
Retaine 19,399,14 17,135,79 22,556,0 20,292,72
dprofit 9.07 2.19 82.62 5.74
Cashdiv
idendpl
annedto
distrib
ute
Foreign
currenc
ytransl
ationdi
fferenc
e
Less:Un 709,508.8 863,265.4
confirm 7 5
edinves
tmentlo
sses
Totalow 666,201,0 663,658,7 662,154, 659,765,4
ners’e 27.23 44.06 016.57 89.98
quity(s
harehol
ders’e
quity)
Totalli 1,186,704 1,362,411 1,127,07 1,278,607
abiliti ,003.15 ,629.19 2,240.09 ,943.38
esandow
ners’e
quity(s
harehol
ders’e
quity)
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Legal representative: Zheng Yuanhu
Person in charge of accounting work: Mei Jianzhong
Person in charge of accounting organs: Chen Zhihu
Income Statement
January – June 2006
Compiled by Shanghai Erfangji Co., Ltd Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Items Note Consolidation Parentcompany
Consolid Paren Amountof Amountof Amountoft Amountof
ation tcomp therepor thesamep hereportp thesamep
any tperiod eriodlas eriod eriodlas
tyear tyear
I.Revenu 396,896, 359,585, 337,916,8 308,780,
efrommai 548.65 021.70 62.54 682.16
noperati
ons
Less:cos 357,933, 304,058, 314,573,1 267,738,
tofmaino 817.86 015.20 24.91 448.79
peration
s
Taxesand 1,802,24 1,603,02 1,411,505 1,266,88
surcharg 9.33 7.44 .94 7.17
esonmain
operatio
ns
II.Profi 37,160,4 53,923,9 21,932,23 39,775,3
tfrommai 81.46 79.06 1.69 46.20
noperati
ons(loss
eslisted
with“-
”)
Add:prof 4,514,00 1,269,08 4,055,171 553,751.
itfromot 2.75 1.32 .16 06
heropera
tions(lo
sseslist
edwith“
-”)
Less:ope 7,849,70 8,676,57 4,796,406 4,680,77
ratingex 7.36 6.43 .66 3.78
penses
Manageme 42,137,7 41,125,0 31,937,60 31,594,1
ntexpens 87.82 24.39 2.92 87.73
es
Financee 4,251,93 4,562,53 4,018,404 4,430,74
xpenses 9.39 5.56 .13 6.60
III.Oper -12,564, 828,924. -14,765,0 -376,610
atingpro 950.36 00 10.86 .85
fit(loss
eslisted
with“-
”)
Add:inve 220,949. 1,428,32 1,894,657 2,150,67
stmentin 01 3.42 .47 5.12
come(los
sesliste
dwith“-
”)
Subsidyi
ncome
Non-oper 16,757,3 2,212,09 16,411,92 2,207,22
atinginc 56.05 5.04 2.15 1.44
ome
Less:non 1,319,98 784,743. 1,192,833 772,915.
-operati 9.99 58 .29 91
ngexpens
es
IV.Total 3,093,36 3,684,59 2,348,735 3,208,36
profit(l 4.71 8.88 .47 9.80
osseslis
tedwith
“-”)
Less:inc 425,929. 620,122. 85,378.59 175,211.
ometax 54 57 19
Less:Min 250,321. 83,829.8
oritygai 71 2
nsandlos
ses
Add:unco -153,756 52,512.1
nfirmedi .58 2
nvestmen
tlosses(
listedin
consolid
atedstat
ements)
V.Netpro 2,263,35 3,033,15 2,263,356 3,033,15
fit(loss 6.88 8.61 .88 8.61
eslisted
with“-
”)
Add:reta 17,135,7 12,916,1 20,292,72 14,364,2
inedprof 92.19 04.92 5.74 95.13
itattheb
eginning
oftheyea
r
Othertra
nsfer-in
s
VI.Profi 19,399,1 15,949,2 22,556,08 17,397,4
tavailab 49.07 63.53 2.62 53.74
lefordis
tributio
n
Less:sta
tutorysu
rplusres
erveswit
hdrawn
Statutor
ywelfare
reserves
withdraw
n
Employee
s’bonus
andwelfa
refundsw
ithdrawn
(listedi
nconsoli
datedsta
tements)
Reservef
undwithd
rawn
Enterpri
sedevelo
pmentfun
dwithdra
wn
Profitre
turnedin
toinvest
ment
VII.Prof 19,399,1 15,949,2 22,556,08 17,397,4
itavaila 49.07 63.53 2.62 53.74
bletobed
istribut
edtoinve
stors
Less:div
idendsfo
rprefere
nceshare
spayable
Discreti
onarysur
plusrese
rveswith
drawn
Dividend
sforordi
naryshar
espayabl
e
Dividend
sforordi
naryshar
esconver
tedintos
harecapi
tal
VIII.Ret 19,399,1 15,949,2 22,556,08 17,397,4
ainedpro 49.07 63.53 2.62 53.74
fit(loss
esnotmad
eupliste
dwith“-
”)
Suppleme
ntarymat
erials:
1.Income
fromthes
alesordi
sposalof
departme
ntsorinv
esteduni
ts
2.Losses
arisingo
utofnatu
raldisas
ters
3.Increa
se(ordec
rease)of
thetotal
profitdu
etochang
esofthea
ccountin
gpolicie
s
4.Increa
se(ordec
rease)of
thetotal
profitdu
etochang
esofthea
ccountin
gestimat
ions
5.Losses
arisingf
romdebtr
eorganiz
ation
6.Others
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Legal representative: Zheng Yuanhu
Person in charge of accounting work: Mei Jianzhong
Person in charge of accounting organs: Chen Zhihu
Cash Flow Statement
January – June 2006
Compiled by Shanghai Erfangji Co., Ltd Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Items Note Consolid Amountofth
Consol Parentc atedamou eparentcom
idatio ompany nt pany
n
I.Cashflowsarisingfromopera
tingactivities:
Cashreceivedfromsellingprod 334,376, 248,197,71
uctsandprovidingservices 878.25 0.05
Taxrebatereceived 13,796,2
80.78
Othercashreceivedconcerning 35,504,2 20,254,634
operatingactivities 83.77 .20
Subtotalofcashinflow 383,677, 268,452,34
442.80 4.25
Cashpaidforpurchaseofproduc 296,686, 190,003,11
tsandservices 097.19 1.97
Cashpaidto/foremployees 34,182,9 28,338,418
36.68 .69
Taxespaid 33,558,9 24,992,747
11.23 .42
Othercashpaidconcerningoper 64,638,6 39,758,382
atingactivities 92.61 .67
Subtotalofcashoutflow 429,066, 283,092,66
637.71 0.75
Netcashflowsarisingfromoper -45,389, -14,640,31
atingactivities 194.91 6.50
II.Cashflowsarisingfrominve
stingactivities:
Cashreceivedfromwithdrawalo
finvestment
Including:cashreceivedfroms
ellingsubsidiaries
Cashreceivedfrominvestmenti 138,547. 1,019,708.
ncome 49 62
Netcashreceivedfromdisposal 18,750,7 18,632,131
offixedassets,intangibleass 47.74 .74
etsandotherlong-termassets
Othercashreceivedrelatingto
investingactivities
Subtotalofcashinflow 18,889,2 19,651,840
95.23 .36
Cashpaidforthepurchaseorcon 6,593,67 6,037,889.
structionoffixedassets,inta 6.22 73
ngibleassetsandotherlong-te
rmassets
Cashpaidforinvestment
Othercashpaidrelatingtoinve
stingactivities
Subtotalofcashoutflow 6,593,67 6,037,889.
6.22 73
Netcashflowsarisingfrominve 12,295,6 13,613,950
stingactivities 19.01 .63
III.Cashflowsarisingfromfin
ancingactivities:
Cashreceivedfromobtainingin
vestment
Including:cashreceivedbysub
sidiariesbyabsorbingminorit
yshareholders’equityinvest
ment
Cashreceivedfromloans 176,600, 152,000,00
000.00 0.00
Othercashreceivedrelatingto
financingactivities
Subtotalofcashinflow 176,600, 152,000,00
000.00 0.00
Cashpaidfordebts 171,700, 155,700,00
000.00 0.00
Cashpaidfordividends,profit 4,640,01 4,090,575.
distributionorinterestrepay 2.04 25
ment
Including:dividendpayableto
minorityshareholders
Othercashpaidrelatingtofina
ncingactivities
Including:cashpaidtominorit
yshareholdersbysubsidiaries
duringlegalinvestmentreduct
ion
Subtotalofoutflow 176,340, 159,790,57
012.04 5.25
Netcashflowsarisingfromfina 259,987. -7,790,575
ncingactivities 96 .25
IV.Influenceoncashduetofluc -3,830.4 2,028.47
tuationinexchangerate 0
V.Netincreaseincashandcashe -32,837, -8,814,912
quivalents 418.34 .65
Supplementarymaterial
1.Transferringnetprofitinto
cashflowsofoperatingactivit
ies:
Netprofit 2,263,35 2,263,356.
6.88 88
Add:gainsandlossesofminorit 250,321.
yshareholders(losseslistedw 71
ith“-”)
Less:unconfirmedinvestmentl -153,756
osses .58
Add:Assetsdepreciationreser 3,417.70 3,417.70
veswithdrawn
Depreciationoffixedassets 19,521,2 18,834,881
46.49 .73
Amortizationofintangibleass 834,905. 778,169.85
ets 85
Amortizationoflong-termprep
aidexpenses
Decreaseinprepaidexpenses(l -410,725 -410,725.2
ess:increase) .27 7
Increaseinaccruedexpenses(L -986,599 -2,017,599
ess:decrease) .54 .54
Lossfromdisposaloffixedasse -15,183, -14,842,72
ts,intangibleassetsandother 440.40 0.27
long-termassets(Less:income
)
Lossondisposaloffixedassets
Financialexpenses 4,585,49 4,082,686.
3.94 29
Investmentloss(less:income) -220,949 -1,894,657
.01 .47
Deferredtax-credits(Less:de
bits)
Decreaseofinventories(Less: 47,471,3 35,634,152
increase) 57.45 .43
Decreaseinoperatingreceivab 91,265,6 82,112,987
les(less:increase) 58.19 .91
Increaseinoperatingpayables -194,936 -139,184,2
(less:decrease) ,995.48 66.74
Others
Netcashflowsarisingfromoper -45,389, -14,640,31
atingactivities 194.91 6.50
2.Investingandfinancingacti
vitieswithoutcashmovement:
Capitalconvertedfromdebts
Convertiblebondsduewithinon
eyear
Fixedassetsacquiredthroughf
inancinglease
3.Netincreaseincashandcashe
quivalents:
Endingbalanceofcash 118,537, 85,692,091
301.44 .72
Less:Beginningbalanceofcash 151,374, 94,507,004
719.78 .37
Add:endingbalanceofcashequi
valents
Less:beginningbalanceofcash
equivalents
Netincreaseincashandcashequ -32,837, -8,814,912
ivalents 418.34 .65
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Legal representative: Zheng Yuanhu
Person in charge of accounting work: Mei Jianzhong
Person in charge of accounting organs: Chen Zhihu
Consolidated Assets Depreciation Reserve Statement
January – June 2006
Compiled by Shanghai Erfangji Co., Ltd Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Item Balance Inc Decreaseinthereportp Balanceattheendofth
atthebe rea Amountw Amoun Subt eriod
ginning sei rittenb ttran otal
ofthepe nth ackduet sferr
riod ere oapprec edout
por iationo dueto
tpe fassets other
rio value reaso
d ns
Totalbadd 25,338, 3,4 25,341,733.92
ebtreserv 316.22 17.
es 70
Including 23,604, 3,4 23,608,086.67
:accounts 668.97 17.
receivabl 70
e
Otheracco 1,733,6 1,733,647.25
untsrecei 47.25
vable
Totaldepr
eciationr
eservesfo
rshort-te
rmloans
Including
:securiti
esinvestm
ent
Bondinves
tment
Totaldepr 48,824, 48,824,932.10
eciationr 932.10
eservesfo
rinventor
ies
Including 17,596, 17,596,942.86
:inventor 942.86
ies
Rawmateri 29,126, 29,126,997.21
als 997.21
Totaldepr 2,195,1 2,195,138.72
eciationr 38.72
eservesfo
rlong-ter
minvestme
nts
Including 2,195,1 2,195,138.72
:long-ter 38.72
mequityin
vestment
Long-term
bondinves
tment
Totaldepr 93,982, 93,982,763.37
eciationr 763.37
eservesfo
rfixedass
ets
Including 21,519, 21,519,736.04
:building 736.04
s
Machinery 72,463, 72,463,027.33
equipment 027.33
Depreciat
ionreserv
esforinta
ngibleass
ets
Including
:patentri
ght
Trademark
right
Depreciat
ionreserv
esforunde
r-constru
ctionproj
ects
Depreciat
ionreserv
esforentr
ustedloan
s
Totalasse 170,341 3,4 170,344,568.11
tsdepreci ,150.41 17.
ation 70
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Legal representative: Zheng Yuanhu
Person in charge of accounting work: Mei Jianzhong
Person in charge of accounting organs: Chen Zhihu
Assets Depreciation Reserve Statement of the Parent Company
January – June 2006
Compiled by Shanghai Erfangji Co., Ltd Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Item Balance Inc Decreaseinthereportp Balanceattheendofth
atthebe rea Amountw Amoun Subt eriod
ginning sei rittenb ttran otal
ofthepe nth ackduet sferr
riod ere oapprec edout
por iationo dueto
tpe fassets other
rio value reaso
d ns
Totalbadd 24,733, 3,4 24,736,914.65
ebtreserv 496.95 17.
es 70
Including 22,855, 3,4 22,859,259.50
:accounts 841.80 17.
receivabl 70
e
Otheracco 1,877,6 1,877,655.15
untsrecei 55.15
vable
Totaldepr
eciationr
eservesfo
rshort-te
rmloans
Including
:securiti
esinvestm
ent
Bondinves
tment
Totaldepr
eciationr
eservesfo
rinventor
ies
Including
:inventor
ies
Rawmateri
als
Totaldepr 2,195,1 2,195,138.72
eciationr 38.72
eservesfo
rlong-ter
minvestme
nts
Including 2,195,1 2,195,138.72
:long-ter 38.72
mequityin
vestment
Long-term
bondinves
tment
Totaldepr 88,005, 88,005,467.98
eciationr 467.98
eservesfo
rfixedass
ets
Including 23,434, 23,434,667.80
:building 667.80
s
Machinery 64,570, 64,570,800.18
equipment 800.18
Depreciat
ionreserv
esforinta
ngibleass
ets
Including
:patentri
ght
Trademark
right
Depreciat
ionreserv
esforunde
r-constru
ctionproj
ects
Depreciat
ionreserv
esforentr
ustedloan
s
Totalasse 114,934 3,4 114,937,521.35
tsdepreci ,103.65 17.
ation 70
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Legal representative: Zheng Yuanhu
Person in charge of accounting work: Mei Jianzhong
Person in charge of accounting organs: Chen Zhihu
Company profile
Shanghai Erfangji Co., Ltd was a limited liability company founded on Dec. 10, 1991 by the approval of the HFB [1991] No. 155 Document issued by the General Office of the Shanghai People’s Government. In February 1992, approved by the (92) HRJGZ No. 5 Document issued by the Shanghai Branch of the People’s Bank of China, the Company began to issue domestically listed internal fund shares (A-share) and get listed for trading; In May 1992, approved by the (92) HRJ B-share Z No. 1 Document issued by the Shanghai Branch of the People’s Bank of China, the Company started to issue domestically listed foreign fund shares (B-share) and get listed for trading. On Oct. 4, 1995, the State Administration for Industry & Commerce changed the Company’s License for Business Corporations, with the new registration code being No. 019003 and legal representative Zheng Keqin. The Company boasts a registered capital of RMB 566,449,190.00, which has been examined by Dahua Certified Public Accountants. The CPAs has also furnished the Report on Capital Verification HYZ (97) No. 1047. The industry the Company engages in belongs to the industrial manufacture industry. Its business scope includes manufacture of textile machinery as well as relevant electronic and electric products, universal machinery, optoelectronics technique products, metal products, and plastic products; printing of materials not for publication as well as the printing of packing and presentation; technical service; storage operation; investing and founding enterprises; selling self-manufactured products, mainly textile machinery.
(II) Significant accounting policies, accounting estimates and basis of preparing consolidated financial statements
1. Accounting standards and Accounting policies:
Adopt the Accounting Standards for PRC Enterprises and its supplementary rules.
2. Fiscal year:
The fiscal year of the Company is from Jan 1st to December 31st.
3. Reporting currency:
The reporting currency of the Company is RMB.
4. Accounting concept and valuation principle:
The accounting concept is accrual concept and the valuation principle is historical cost convention.
5. Accounting method of foreign currency businesses
Businesses of foreign currency would be entered into the book after translation according to the RMB market exchange rate publicized by the People’s Bank of China at the beginning of the year when the businesses occur. At the end of the year, balance of the foreign currency account would be adjusted according to RMB translation at the market exchange price (middle price) at the end of the year. The translation difference of the special foreign currency account would be capitalized according to regulations during the specified period before the fixed assets purchased or constructed have fit the predicted usable state, and would be recorded in the costs of the construction-in-progress. The other foreign currency accounts would all be recorded in the financial expenses. The translation difference arising from the conversion of different currencies would all be recorded in the financial expenses.
6. Translation method of foreign currency accounting statements
According to CKZ (1995) No. 11 Notice on Issuing the Provisional Regulations on the Consolidated Accounting Statements issued by the Ministry of Finance, except for the items of owner’s equity (excluding the item of retained profit), which would be translated into RMB according to the market exchange price (middle price) when happening, items of assets, liabilities and gains and losses would all be translated into RMB according to the market exchange price (middle price) on the closing date of the consolidated accounting statement. The translation difference of the foreign currency statements would be listed separately in the consolidated balance sheet.
7. Confirmation criteria of cash and cash equivalents
When the cash flow statement is compiled, Cash equivalents represent short term (due in 3 months since the purchasing day) and highly liquid investments which are readily convertible to known amounts of cash, subject to an insignificant risk of conversion in value and which were within three months of maturity when acquired.
8. Accounting methods for bad debt losses of account receivable
Confirmation criteria of bad debts: accounts receivable that could not be recovered according to the legal liquidation procedures due to the cancellation or bankruptcy of the debtor; accounts receivable that could not be recovered due to the death of the debtor without any legacy for liquidation nor any obligor to assume the debts; accounts receivable that could not be recovered for the reason that the debtor has failed to fulfill the repayment duty after the expiration date and there is strong evidence that it is really impossible to recover. Bad debts would be cancelled after verification according to the supervisory privilege of the Company.
Accounting method of bad debts: bad debts of the Company would be calculated in the allowance method. Bad debt reserves would be withdrawn for the accounts receivable (including the accounts receivable and others receivable) in the account age analysis method.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Accountageanalysismethod
Ageofaccou Withdrawingproportionforacco Withdrawingproportionfor
nt untreceivable(%) otheraccountreceivable(%
)
≦1year 5 5
1-2years 10 10
2-3years 20 20
(3years 50 50
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
9. Accounting methods for inventories
(1) Classification of inventories
Classification of inventories: goods and materials aloft, raw materials, unfinished products, packing, low-value consumption goods, finished products, commodity stocks, consigned processing materials, engineering construction and materials cost variance, etc.
(2) Pricing method of acquiring and sending
Pricing method of acquiring and sending: various inventories would be recorded in the account book with the actual costs when acquired; routine accounting of inventories would be conducted in the planned cost method, and the planned costs would be adjusted to the actual costs according to the variance ratio of costs at the beginning of the month. Low-value consumption goods would be amortized at one time when drawn.
The value for book-entry of the inventories got from the debtor for debt reorganization would be confirmed based upon the book value of the credit receivable; the value for book-entry of the inventories got from non-monetary transactions would be confirmed based upon the book value of the assets out.
(3) Amortization method of the low-value consumption goods and packing
Low-value consumption goods would be amortized at one time.
Packing would be amortized at one time.
(4) Inventory method
The Company would apply the perpetual inventory method.
(5) Withdrawing method of inventory depreciation reserves
At the end of the mid-term or the year, inventories would be checked, and depreciation reserves would be withdrawn according to the lower of the costs of the inventories or the net realizable value of the inventories.
Depreciation reserves of inventories would be withdrawn according to each single item.
10. Long-term investment
(1) Acquisition cost
Acquisition cost should be accounted for based on original payment including relevant taxes and processing fee. Stock investment got from debtor as paying off method through debt reorganization will be accounted for based on book value of relevant creditor’s right receivable; long-term investment resulted from non-currency trade will be accounted for based on book value of exchanged assets.
(2) Long-term equity investment
Equity investments are stated using the equity method if the Company has the ability to exercise effective control, joint control or significant influence over the investee companies. Other equity investments are stated at cost.
When long-term equity investments are accounted in the equity method, the equity investment difference, by which the original investment costs are higher than the share of net assets taken in the investee, would be amortized according to the investment term on average if the contract has set an investment term; if the contract has not set an investment term, the amortization would be conducted over 10 years on average. The difference, by which the original investment costs are lower than the share of net assets taken in the investee, would be recorded in the capital reserve (equity investment reserves). The credit difference of equity investments before 2003 would still be amortized according to the original regulations. Difference of equity investment arising from reinvestments would be dealt according to the CK [2004] No. 3 Document.
(3) Long-term bond investment
Interest will be recorded withdrawn as per contracted rate or bond surface rate, and at the same time overate or discount price of bond will be amortized linearly at end of each half-year.
(4) Provision for long-term investment
Provision for long-term investment will be reserved as per individual item based on difference between the recoverable and book value. When depreciation reserves for long-term investment are withdrawn since the year 2004, the difference of equity investment of the years before that would be dealt with according to the CK [2004] No. 3 Document.
Depreciation reserves for long-term investments would be calculated and confirmed according to each single investment item.
11. Pricing and depreciation method of fixed assets and the way depreciation reserves withdrawn
(1) Pricing and depreciation method of fixed assets
Fixed assets refer to the tangible assets held for commodity production, labor service, lease, operation or management and with a use term of over 1 year and relatively high unit value.
Fixed assets shall be recorded in book with the actual cost at the time of the acquisition. Depreciation shall be withdrawn according to the straight-line method (the average per year method) starting from the next month after the assets being available for the expected use.
The estimated residual value ratio, depreciation term and annual depreciation ratio of various fixed assets are as follows:
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Typeoffixedassets Depreciationt Netresidualval Annualdepreciati
erm(year) ueratio(%) onratio(%)
Productionbuildin 30-45 4 2.1-3.2
g
Machineryequipmen 8-20 4 4.8-12
t
Electronicequipme 8-20 4 4.8-12
nt
Transportationequ 8-20 4 4.8-12
ipment
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
1. Purchase cost:
Fixed assets are stated actual purchase costs commonly.
Fixed assets got from debtor as paying off method through debt reorganization will be accounted for based on book value of relevant creditor’s right receivable; fixed assets resulted from non-currency trade will be accounted for based on book value of exchanged assets.
Leased fixed assets will be accounted for as the lower one between book value of the leased fixed assets on the beginning date and the lowest leasing payment. If leased fixed assets are 30% of the total assets of the Company or less, take the lowest leasing payment as the account value.
2. Depreciation of fixed assets would be classified withdrawn by sum-of-the-years’ digits method. Individual annual depreciation rate is confirmed according to type of fixed assets, estimated using period, residual rate and depreciation rate.
Fixed assets fitment expenses according with the capitalization conditions would adopt reasonable method to withdraw depreciation at the shorter period of comparing two fixing period and rest using period of fixed assets; Fixed assets improving expenses rented from operating leasing would adopt reasonable method to withdraw depreciation individually at the shorter period of comparing rest leasing period and rest using period of fixed assets. Fixed assets rented from financing leasing, if reasonably confirmed to get the ownership at the expiration of leasehold, would withdraw depreciation in the estimated using period; if can’t be confirmed to get the ownership, would withdraw depreciation at the shorter period of comparing the leasing period and rest using period of fixed assets. Fitment expenses of fixed assets rented from financing leasing according with the capitalization conditions would adopt reasonable method to withdraw depreciation at the shortest period of two fitting period, rest leasing period, and rest using period of fixed assets.
(2) Provision for depreciation of fixed assets
For those fixed assets with dropping market value, recoverable value lower than book value out of out-of-date technology, damage of entity or being long time unused, a certain amount of provision for depreciation will be reserved per individual item at the end of each half-year.
12. Construction in progress
(1) Acquisition cost
Construction in progress is accounted for as per classification and on basis of actual cost. When it reaches the usable stage, it will be account transferred as fixed assets. If final accounting for construction completed is not finished yet, account transformation will be done on an estimated basis. Adjustment can wait till final accounting for construction completed is finished.
(2) Provision for depreciation of construction in progress
Provision for construction projects long-time suspended and not-to-be-restarted in 3 years, construction projects with backward functions and technologies and with no significant or unclear profit will be reserved as per individual item at end of each half-year.
Impairment loss for constructions in progress would be withdrawn as individual project.
13. Amortization of long-term prepaid expenses
(1) Amortization of organization expenses
Acquisition cost should be accounted for based on actual payment. Intangible assets got from debtor as paying off method through debt reorganization will be accounted for based on book value of relevant creditor’s right receivable; intangible assets resulted from non-currency trade will be accounted for based on book value of exchanged assets.
(2) Amortization method
Amortization is realized on the linearly basis. If only one of the investment and relevant law stipulates time limitation of benefit or validity, intangible assets will be amortized over a period of no longer than the limitation stipulated; if both of them stipulate limitation of benefit or validity, intangible assets will be amortized over a period of no longer than the shorter limitation stipulated; if neither of them stipulates limitation of benefit or validity, intangible assets will be amortized over a period of no longer than 10 years.
(3) Provision for intangible assets
Depreciation of intangible assets that has been replaced by new technology, market price remarkably dropped and unrecoverable will be provided for based on the difference between the recoverable and the book value as per individual item at end of each half-year.
Depreciation reserves for intangible assets shall be withdrawn for each single asset.
14. Accounting process of borrowing expenses
(1) Recognition of capitalization of borrowing expenses:
Subsidy for special borrowing will be capitalized before the purchased or constructed assets are ready for use, if the concerned amount is small, enters it into current P&L.
Capitalization of interest of special borrowings, amortization of overate or discount price and difference of currency exchange will be initiated only when capital expenditure has materialized, borrowing expenses have been materialized and purchasing or construction activities of the assets have started.
Capitalization will be stopped when abnormal suspension of assets purchasing or construction projects that goes on continuously for 3 months or above. When purchased or constructed assets are ready for use, capitalization will also be stopped.
When part of a assets purchasing or construction project is completed and ready for use, relevant capitalization will be stopped.
Common borrowing expenses and special borrowing expenses that do not conform to rules of capitalization will be stated as current P&L.
(2) Capitalization period
Capitalization amount will be recognized each quarter.
(3) Recognition of capitalization amount of borrowing expenses for special borrowings.
Interest capitalization amount per fiscal period = weighted average of total fixed assets purchased and constructed till end of the period × weighted interest rate of borrowings
Subsidy that is allowed to capitalize and difference of currency exchange will be capitalized directly as actual.
15. Revenue recognition
(1) Sales of goods: revenue is recognized when the Company has transferred to the buyer the significant risks and rewards of ownership of the goods, retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold; the economic benefits associated with the transaction have been received or the evidence on cash receipt have been obtained and the costs incurred or to be incurred in respect of the transaction can be measured reliably.
(2) Rendering of service: revenue is recognized based on the percentage of completion method. If the services provided are completed within one fiscal year, the revenue would be recognized upon completion of the service when cash or the evidence on cash receipt has been obtained.
(3) Operating lease: if related profit can flow in and amount of it can be reliably measured, it’s recognized as revenue in accordance with relevant contract or agreement.
16. Accounting treatment of corporate income tax: tax effect accounting method is adopted.
17. Confirming principal of consolidated scope of consolidated accounting statement and preparation method for consolidated accounting statements
(1) Consolidated accounting statements are prepared based on individual accounting statements and other information of the parent company and subsidiaries listed in the consolidated scope according to Provisional Regulations on Consolidated Accounting Statements and relevant documents. However, those subsidiaries with relatively small scale in special industries, in compliance with regulations in the document called Reply on Instruction of Consolidated Scope in the Consolidated Accounting Statements promulgated by Ministry of Finance with CKEZ (1996) No. 2 Document, are not consolidated. When consolidation, internal equity investment and owners’ equity of subsidiaries, internal investment earnings and profit distribution of subsidiaries, internal transactions and internal credits and liabilities counteracted. Besides, consolidated surplus reserve is adjusted. The consolidated accounting statements of associated enterprises listed in the consolidated scope are prepared based on proportional consolidation method.
(2) Accounting policies and treatment methods of parent company and subsidiaries of the Company have no significant variance.
18. Major changes of accounting policy and accounting estimate, and adjustment of accounting errors
(1) Change of accounting policy
Naught
(2) Change of accounting estimate
Naught
(3) Adjustment of accounting errors
Naught
(III) Taxation
1. Major type of tax and tax rate
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Typeoftax Basisoftaxation Taxrate(%)
VAT 17% 17%
Businesstax 5% 5%
Cityconstructiontax 1%-7% 7%
Enterpriseincometax 15%~33% 15%
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
(IV) Subsidiaries of which the Company holding shares dominantly and associated companies
All subsidiaries controlled by the Company and its consoliated scope:
Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Nameofcom Placeo Lega Regist Businesss Amount Proportio Mer
panies fRegis lrep eredin cope ofinve nofshares ged
tratio rese vestme stment heldbythe orn
n ntat nt(RMB (RMB) Company(% ot
ive ) )
Dir Indi
ect rect
ShanghaiL Shangh MeiJ 12,418 Intl.Andd 11,176 90. Yes
iangjiInd ai ianz ,000.0 omestictr ,200.0 00
ustryCo., hong 0 ading 0
Ltd.
ShanghaiL Shangh LiuY 3,180, Productio 3,180, 100 Yes
iangjiPla ai an 000.00 nandmarke 000.00 .00
sticProdu tingofpla
ctsCo.,Lt sticprodu
d. ctsfortex
tileindus
try
ShanghaiL Shangh HouJ 1,500, Productio 1,350, 90. Yes
iangjiMac ai inyu 000.00 nandsaleo 000.00 00
hineryCo. an fspinning
,Ltd. machinery
HainanInv Hainan MeiJ 3,000, Industryi 2,100, 70. No
estmentDe ianz 000.00 nvestment 000.00 00
velopment hong andproper
Co.,Ltd. tymanagem
ent
ShanghaiP Shangh LiPe 30,000 I&Eofself 27,000 90. Yes
u’en’yi ai izho ,000.0 -produced ,000.0 00
I&ECo.,Lt ng 0 productsa 0
d. ndassocia
tedproduc
ts,andrel
evanttech
nology
ShanghaiL Shangh LiPe 22,000 Productio 18,700 85. Yes
iangfangT ai izho ,000.0 nandmarke ,000.0 00
extileMac ng 0 tingofspi 0
hinerySpe ndlerolle
cialParts r,steelco
Co.,Ltd. llarandot
herpartso
ftextilem
achinery
ShanghaiY Shangh CuiL 2,000, Hardwarea 1,675, 83. No
ijieInfor ai ing 000.00 ndsoftwar 000.00 75
mationTec eofcomput
hnologyCo ers,syste
.,Ltd. mintegrat
ionandoth
erspecial
services
ShandongL Shando ShiC 2,000, Salesofte 500,00 25. No
iangjiTex ng heng 000.00 xtilemach 0.00 00
tileMachi yu inery
neryCo.,L
td.
ShanghaiL Shangh Chen 2,180, Salesofco 218,00 10. No
iangzhouM ai gKeb 000.00 mponentof 0.00 00
aterialTr iao textilema
adeCo.,Lt chinery
d.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
1. There existed no increasing controlling subsidiary and joint venture enterprises due to selling and transferring into share equity in the report period.
2. The Company didn’t sell subsidiary in the report period.
3. There existed no company consolidated according to proportion consolidated method.
4. The Company’s consolidated scope remained unchanged compared with the same period of last year.
5. Explanation on reasons of un-listing into consolidated statement for subsidiaries holding shares proportion over 50%:
Hainan Liangji Investment Development Co., Ltd. has stopped since 2003, and would close in 2006.
Proportion of total assets, sales income and current period net profit of Shanghai Yijie Information Technology Co., Ltd. to total assets, sales income and net profit of parent company all below 10%.
(IV) Notes for the consolidated sheets
1. Currency capital
Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Items Amountatperiod-end Amountatperiod-begin
Amountof Exchang AmountofR Amountof Exchang AmountofR
foreignc erate MB foreignc erate MB
urrency urrency
Cash / / / /
RMB / / 355,987.8 / / 248,899.9
3 5
Credit / / / /
RMB / / 116,846,0 / / 143,032,6
83.31 27.45
USD 91,946.5 7.9956 735,167.6 176,198. 8.0702 1,421,953
3 8 03 .34
YEN 98,972.0 0.06946 6,875.29 98,972.0 0.06871 6,800.96
0 7 0 6
EUR 11,841.1 10.1313 119,966.0 354,620. 9.5797 3,397,153
3 4 07 .88
Otherc / / / /
urrenc
ycapit
al
RMB / / 473,221.2 / / 3,267,284
9 .20
Total / / 118,537,3 / / 151,374,7
01.44 19.78
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
2. Notes receivable
(1) Classification of notes receivable
Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Description: Amountatperiod-en Amountatperiod-beg
d in
Bankacceptancedraft 7,873,240.20 124,272,192.72
tradeacceptancebill 9,345,823.21
Total 7,873,240.20 133,618,015.93
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
3. Accounts receivables
(1) Account history of receivable
Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Accou Amountatperiod-end Amountatperiod-begin
nthis Bookbalance Provisionforbadde Bookbalance
tory bt
Amount Rat Amount Rate
e
(1yea 132,273,26 78. 5,533,940.59 119,036,873 76. 5,951,843
r 6.34 99 .65 66 .68
1-2ye 12,721,029 7.6 1,611,062.80 13,685,472. 8.8 1,368,547
ars .75 0 18 1 .22
2-3ye 267,380.95 0.1 108,335.72 349,104.21 0.2 69,820.84
ars 6 2
(3yea 22,185,747 13. 16,354,747.56 22,219,460. 14. 16,214,45
rs .40 25 92 31 7.23
Total 167,447,42 100 23,608,086.67 155,290,910 100 23,604,66
4.44 .96 8.97
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
(2) Change of reserve for bad debt of accounts receivables
Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Items Balanceatper Increaseinth Balanceatperi
iod-begin isperiod od-end
Reserveforbaddebtofacco 23,604,668.9 3,417.70 23,608,086.67
untsreceivables 7
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
(3) Particulars about the top five debts of account receivables
Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Amountatperiod-end Amountatperiod-begin
Amount Proportion% Amount Proportion%
Totalandpro 80,404,542.5 48.02 56,328,537.4 36.27
portionofth 6 8
etopfivedeb
tunits
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
（4） main units of account receivables
Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Nameofcompa Relation Amountin Time Reason Proporti Reasonofw
nies shipwith arrear inar inarre onofwith ithdrawin
theCompa rear ar drawingb gbaddebtr
ny addebtre eserve
serve
ShanghaiPac Client 24,270,0 With Instal 5% BasedonAc
ificComplet 46.24 in1y lmentc countingS
e-setTextil ear ollect ystemforB
eMachineryC ionasp usinesEnt
o.,Ltd ercont erprise
ract
BinzhouPaci Client 16,988,5 With Instal 5% BasedonAc
ficMachiner 06.50 in1y lmentc countingS
yEquipmentC ear ollect ystemforB
o.,Ltd. ionasp usinesEnt
ercont erprise
ract
ZhejiangKan Client 15,160,0 With Instal 5% BasedonAc
gxinChemica 00.00 in1y lmentc countingS
lFiberEquip ear ollect ystemforB
mentCo.,Ltd ionasp usinesEnt
ercont erprise
ract
WeiqiaoText Client 12,960,0 With Instal 5% BasedonAc
ileCo.,Ltd. 00.00 in1y lmentc countingS
ear ollect ystemforB
ionasp usinesEnt
ercont erprise
ract
ShangdongJi Client 11,025,9 With Instal 5% BasedonAc
nanZhenghao 89.82 in2y lmentc countingS
ChemicalFib ear ollect ystemforB
erEquipment ionasp usinesEnt
Co.,Ltd ercont erprise
ract
Total / 80,404,5 / / / /
42.56
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
(5) No arrearages of shareholder holding over 5% (including 5%) with voting right shares of the Company in account receivable in the report period. 4. Other receivables
(1) Account history of other receivable
Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Accou Amountatperiod-end Amountatperiod-begin
nthis Bookbalance Provisionforbadde Bookbalance
tory bt
Amount Rate Amount Rate
(1yea 12,772, 71.38 172,352.12 3,447,04 34.17 172,352.12
r 139.00 2.43
1-2ye 3,987,6 22.29 547,619.40 5,476,19 54.29 547,619.40
ars 52.18 4.03
2-3ye 43,258. 0.24 12,050.19 60,250.9 0.60 12,050.19
ars 19 6
(3yea 1,089,8 6.09 1,001,625.54 1,103,25 10.94 1,001,625.54
rs 00.00 1.08
Total 17,892, 100.0 1,733,647.25 10,086,7 100.0 1,733,647.25
849.37 0 38.50 0
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
(2) particulars about changes in reserve for bad debts of other account receivables
Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Item Balanceatperiod Balanceatperiod-
-begin end
Provisionforbaddebtofaccountsre 1,733,647.25 1,733,647.25
ceivables
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
（3） Particulars about the top five arrearages of other account receivable
Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Amountatperiod-end Amountatperiod-begin
Amount Proportion% Amount Proportion%
Totalandpro 11,847,112.8 66.21 7,418,299.97 73.55
portionofth 6
etopfivedeb
tunits
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
（4） major units of other account receivables
Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Nameofco Relation Amounti Tim Reaso Amounto Proport Reasono
mpanies shipwith narrear ein ninar fwithdr ionofwi fwithdr
theCompa arr rear awingba thdrawi awingba
ny ear ddebtre ngbadde ddebtre
serve btreser serve
ve
Shanghai Subsidia 7,000,0 Wit Curre 5 Basedon
PacificT ryofcont 00.00 h1y ntpay Account
extileMa rollingc ear ment ingSyst
chineryC ompany emforBu
omplete- sinesEn
SetEquip terpris
mentCo., e
Ltd.
Shanghai Supplier 2,341,9 Wit Undue 117,098 5 Basedon
LiangjiM 64.58 h1y .23 Account
etalProd ear ingSyst
uctsCo., emforBu
Ltd. sinesEn
terpris
e
PacificM controll 1,212,5 Wit Curre 55,253. 5 Basedon
echatron ingcompa 56.10 h1y ntpay 89 Account
ic(Group ny ear ment ingSyst
)Co.,Ltd emforBu
. sinesEn
terpris
e
LiangjiH Subsidia 695,623 Wit Curre Basedon
ainanInv rynon-co .18 h1y ntpay Account
estmentC nsolidat ear ment ingSyst
onsultat edscope emforBu
ionCo.,L sinesEn
td. terpris
e
Shanghai Schoolru 596,969 Wit Curre 5 Basedon
Erfangji nworksho .00 h1y ntpay Account
Secondar p ear ment ingSyst
yTechnic emforBu
alSchool sinesEn
terpris
e
Total / 11,847, / / 172,352 / /
112.86 .12
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
No arrearages of shareholder holding over 5% (including 5%) with voting right shares of the Company in account receivable in the report period.
Other receivable has increased by 77.39% at at the end of report period compared with the beginning of period, which was mainly because that Shanghai Liangji Metal Products Co., Ltd. collected the payment according to the normal the agreement.
Prepayments
(1) Aging of accounts prepaid
Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Accounthist Amountatperiod-end Amountatperiod-begin
ory Amount Proportion% Amount Proportion%
(1year 29,681,151.4 100.00 10,879,256.2 100.00
4 2
Total 29,681,151.4 100.00 10,879,256.2 100.00
4 2
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
(2) particulars about the top five arrearages of account payables
Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Amountatperiod-end Amountatperiod-begin
Amount Proportion% Amount Proportion%
otalandprop 12,393,970.7 41.76 6,132,895.2 56.37
ortionofthe 7 7
topfivearre
arsunits
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
(3) Major units of account prepay
Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Nameofcompanies Relationshipw Amountin Timei Reasoninar
iththeCompany arrear narre rear
ar
ShanghaiPacificTextile Subsidiaryofc 6,200,00 Withi Paymentacc
MachineryComplete-SetE ontrollingcom 0.00 n1yea ordingtoag
quipmentCo.,Ltd. pany r reement
ShagnhaiQianjiMachiner Supplier 3,572,68 Withi Paymentacc
yCo.,Ltd. 9.82 n1yea ordingtoag
r reement
ChangzhouTongheTextile Supplier 1,205,31 Withi Paymentacc
MachineryPlant 2.25 n1yea ordingtoag
r reement
Total / 10,978,0 / /
02.07
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
(4) No arrearage of shareholders holding over 5% (incl.) with voting shares of the Company among the prepayments in this report period.
6. Inventory
(1) Classification of inventory
Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Items Amountatperiod-end Amountatperiod-begin
Bookbala Provisi Bookvalu Bookbala Provisio Bookvalu
nce onforde e nce nfordepr e
preciat eciation
ion
Rawmate 45356882 2912699 16229885 67,954,2 29,126,9 38,827,2
rials .91 7.21 .70 50.47 97.21 53.26
Invento 21501011 1759694 19741316 259,310, 17,596,9 241,713,
rycommo 0.60 2.86 7.74 696.66 42.86 753.80
dities
Product 11209932 2100992 10999833 100,363, 2,100,99 98,262,3
sonprod 9.33 .03 7.30 325.58 2.03 33.55
uctionl
ine
Packing 57482.93 57482.93 19,262.5 19,262.5
materia 6 6
ls
Low-cos 2477838. 2477838. 2,556,07 2,556,07
tconsum 13 13 8.49 8.49
erprodu
cts
Materia 14521319 14521319 6,875,99 6,875,99
lonroad .74 .74 5.68 5.68
Process 680286.4 680286.4 287,294. 287,294.
ingentr 4 4 07 07
usted
Differe -7372678 -7372678 -7,064,9 -7,064,9
nceofma .21 .21 74.19 74.19
terialc
ost
Total 38283057 4882493 334,005, 430,301, 48,824,9 381,476,
1.87 2.10 639.77 929.32 32.10 997.22
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
7. Expenses to be amortized
Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Typ Amountatper Increasein Dilutedin Amountatpe Reasonofbalan
e iod-begin theperiod theperiod riod-end ceatperiod-en
d
Ren 501,208.75 90,483.48 410,725.27 Withamortizat
t ionperiod
Tot 501,208.75 90,483.48 410,725.27 /
al
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
8. Long-term investment
(1) Classification of long-term investment
Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Items Amountatper Increasei Decreasei Amountatpe
iod-begin ntheperio ntheperio riod-end
d d
Stockinvestment 27,456,567. 27,456,567
12 .12
Investmentforsubsid 8,265,428.1 42,288.06 8,223,140.
iary 9 13
Investmentforjointv 0.00 0.00
enturecompany
Investmentforaffili 2,687,343.9 103,887.7 2,791,231.
atedcompany 3 5 68
Otherequityinvestme 437,122.29 437,122.29
nt
Consolidatedpricedi -385,342.16 -385,342.1
fference 6
Total 38,461,119. 103,887.7 42,288.06 38,522,719
37 5 .06
Less:reservefordeva 2,195,138.7 2,195,138.
luationoflong-terme 2 72
quityinvestment
Totalnetamountoflon 36,265,980. / / 36,327,580
g-termequityinvestm 65 .34
ent
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
(2) Long-term stock investment
Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
NameofI Stocktyp Numberof Initialc Bookbala Depreci Netbooka
nvestee e shares ostofinv nce ationPr mount
estment ovision
STFengh State-ow 388,800. 1,266,00 1,266,00 1,266,00
ua nedshare 00 0.00 0.00 0.00
CHINAUN State-ow 525,096. 1,107,36 1,107,36 1,107,36
ICOM nedshare 00 0.00 0.00 0.00
GJiabao State-ow 836,784. 2,390,16 2,390,16 2,390,16
nedshare 00 8.32 8.32 8.32
AijianS State-ow 2,083,38 7,584,00 7,584,00 167,138 7,416,86
tock nedshare 8.00 0.00 0.00 .72 1.28
GHongsh State-ow 184,800. 306,000. 306,000. 306,000.
eng nedshare 00 00 00 00
GNanyan State-ow 74,052.0 170,400. 170,400. 170,400.
g nedshare 0 00 00 00
GShenda State-ow 325,248. 495,440. 495,440. 495,440.
nedshare 00 00 00 00
GShenne State-ow 450,000. 840,000. 840,000. 840,000.
ng nedshare 00 00 00 00
Shuixia State-ow 880,000. 3,040,00 3,040,00 2,028,0 1,012,00
nA nedshare 00 0.00 0.00 00.00 0.00
NewWorl State-ow 471,830. 440,988. 440,988. 440,988.
d nedshare 00 80 80 80
YuyuanC State-ow 594,594. 1,911,21 1,911,21 1,911,21
ommerci nedshare 00 0.00 0.00 0.00
alCity
TongdaC State-ow 535,500. 1,605,00 1,605,00 1,605,00
huangye nedshare 00 0.00 0.00 0.00
Haitong State-ow 7,943,76 6,120,00 6,120,00 6,120,00
Securit nedshare 0.00 0.00 0.00 0.00
ies
HainanX State-ow 337,500. 30,000.0 30,000.0 30,000.0
ing’an nedshare 00 0 0 0
Beijing State-ow 500,000. 150,000. 150,000. 150,000.
Jiufeng nedshare 00 00 00 00
Total / 16,131,3 27,456,5 27,456,5 2,195,1 25,261,4
52.00 67.12 67.12 38.72 28.40
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
(3) Other equity investment
1) Particulars about investment for subsidiary, affiliated company and joint venture
Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Nameo Relat Proport Term Balanc Increase Divid Balan Accou
fInve ionsh ionofre ofin eatper /decreas enddi ceatp nting
stee ipwit gistere vest iod-be einthepe strib eriod metho
hpare dcapita ment gin riod utedi -end d
ntcom lsinthe ncase
pany investe
dcompan
ies(%)
Shang Inves 83.75 2001 1,807, 24,908.1 67,19 1,765 Equit
haiYi tment -04 946.60 5 6.21 ,658. ymeth
jieIn forsu ～20 54 od
forma bsidi 21-3
tionT ary
echno
logyC
o.,Lt
d.
Linha Inves 83 ～ 6,457, 6,457 Equit
iLing tment 481.59 ,481. ymeth
fangT forsu 59 od
extil bsidi
eMach ary
inery
Speci
alPar
tsCo.
,Ltd.
(Note
2)
Erfan Inves 20 2002 98,600 -98,600. 0 Equit
gjiCh tment -05 .82 82 ymeth
emica forjo ～20 od
lFibr intve 17-5
eEqui nture
pment enter
Co.,L prise
td.
Pacif Inves 20 2002 1,988, 203,050. 2,191 Equit
icTex tment -07 301.67 70 ,352. ymeth
tileM forjo ～20 37 od
achin intve 22-7
eryEq nture
uipme enter
ntCo. prise
,Ltd.
Shand Inves 25 With 600,44 -562.13 599,8 Equit
ongLi tment outd 1.44 79.31 ymeth
ngjiT forjo ay od
extil intve
eMach nture
inery enter
Co.,L prise
td.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
2) Other equity investment
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
NameofInvestee Balanceatperio Balanceatperi Accountingme
d-begin od-end thod
ShanghaiLiangzhouMate 366,122.29 366,122.29 Costmethod
rialTradeCo.,Ltd.
ShanghaiBank 71,000.00 71,000.00 Costmethod
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
(4) Balance of equity investment
Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
NameofInvest Amountatpe Balanceat Balancea Reasons Theamorti
ee riod-begin period-be tperiod- zableterm
gin end
ShanghaiLian -690,712.1 -1,381,42 -690,712 Producea Tenyears
gfangTextile 6 4.36 .16 ttimeofi
MachinerySpe nvestmen
cialPartsCo. t
,Ltd.
ShanghaiP&EI 305,370.00 610,740.0 305,370. Equitytr Tenyears
mport&Export 0 00 ansferpr
Co.,Ltd. oduce
Total -385,342.1 -770,684. -385,342 / /
6 36 .16
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
(5) Consolidated price deference
Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
NameofInvest Balanceatp Amountatp Balancea Reasons Theamorti
ee eriod-begi eriod-beg tperiod- zableterm
n in end
ShanghaiLian -1,381,424 -690,712. -690,712 Producea Tenyears
gfangTextile .36 16 .16 ttimeofi
MachinerySpe nvestmen
cialPartsCo. t
,Ltd.
ShanghaiP&EI 610,740.00 305,370.0 305,370. Equitytr Tenyears
mport&Export 0 00 ansferpr
Co.,Ltd. oduce
Total -770,684.3 -385,342. -385,342 / /
6 16 .16
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
9. Fixed assets
Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Items Amountinthe Increaseint Decreasein Amountinthep
period-begi heperiod theperiod eriod-end
n
1.Totalorigina 1,039,027,0 5,452,558.7 8,499,569. 1,035,980,07
lvalue: 90.45 6 34 9.87
Including:hous 467,594,483 343,748.07 831,595.14 467,106,636.
eandbuilding .43 36
Machineryequip 571,432,607 5,108,810.6 7,667,974. 568,873,443.
ment .02 9 20 51
2.Totaldepreci 475,332,210 18,834,881. 5,213,218. 488,953,873.
ationaccumulat .79 73 97 55
ed
Including:hous 117,489,510 5,065,436.6 777,837.80 121,777,109.
eandbuilding .96 3 79
Machineryequip 357,842,699 13,769,445. 4,435,381. 367,176,763.
ment .83 10 17 76
3.Totalnetvalu 563,694,879 -13,382,322 3,286,350. 547,026,206.
eoffixassets .66 .97 37 32
Including:hous 350,104,972 -4,721,688. 53,757.34 345,329,526.
eandbuilding .47 56 57
Machineryequip 213,589,907 -8,660,634. 3,232,593. 201,696,679.
ment .19 41 03 75
4.Totalprovisi 93,982,763. 93,982,763.3
onfordepreciat 37 7
ion
Including:hous 21,519,736. 21,519,736.0
eandbuilding 04 4
Machineryequip 72,463,027. 72,463,027.3
ment 33 3
5.Totalnetamou 469,712,116 -13,382,322 3,286,350. 453,043,442.
ntoffixassets .29 .97 37 95
Including:hous 328,585,236 -4,721,688. 53,757.34 323,809,790.
eandbuilding .43 56 53
Machineryequip 141,126,879 -8,660,634. 3,232,593. 129,233,652.
ment .86 41 03 42
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
10. Construction in progress:
Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Item Amountintheperiod-end Amountintheperiod-begin
Bookbala Provisio Netbooka Bookbala Provisi Netbooka
nce nfordepr mount nce onforde mount
eciation preciat
ion
Constru 6,988,04 6,988,04 5,917,19 5,917,19
ctionin 8.70 8.70 1.66 1.66
progres
s
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
(1) Changes in fixed assets:
Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Nameofi Amountinthe Increa Transfer Construc Sour Amountinth
tems period-begi seinth ringtofi tioninpr ceof eperiod-en
n eperio xassets ogress capi d
d tal
Facilit 5,917,191.6 7,588, 6,517,85 Ongoing Rais 6,988,048.
ymainte 6 715.13 8.09 ingb 70
nance yone
self
Total 5,917,191.6 7,588, 6,517,85 / / 6,988,048.
6 715.13 8.09 70
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
11. Short-term loan：
(1) Short-term loan classification
Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Items Amountintheperiod-end Amountintheperiod-begin
Loanbyguarantee 177,228,124.98 186,946,000.00
Loanbycredit 88,735,385.47
Total 177,228,124.98 275,681,385.47
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
12. Accounts payable:
(1) Accounts payable age
Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Aging Amountintheperiod-end Amountintheperiod-beg
in
Amount Proporti Amount Proporti
on on
(1year 172,260,343 78.59 216,700,587 77.49
.39 .13
1-2years 18,720,900. 8.54 25,139,874. 8.99
78 65
2-3years 17,158,192. 7.83 23,485,126. 8.40
86 49
(3years 11,049,191. 5.04 14,328,647. 5.12
80 26
Total 219,188,628 100.00 279,654,235 100.00
.83 .53
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
No a larger sum of accounts receivable over three years during the report period. Accounts payable in the period end was RMB60.4656 million less than in the period beginning because the Company shortened the liquidation term in customers. (2) Units owing accounts payable
Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Nameofcompanies Relationship Amountinar Timein Reason
withtheCompa rear arrear
ny
WujiangLiangjiMach Supplier 15,480,582 Within Goodsuncheck
ineManufacturingCo .37 1year edandunaccep
.,Ltd. ted
FengchiTextileIndu Supplier 2,994,233. Within Goodsuncheck
stryandTradeCo.,Lt 79 1year edandunaccep
d ted
ShanghaiYueyueMeta Supplier 3,021,529. Within Goodsuncheck
lProducts 62 1year edandunaccep
ted
Total / 21,496,345 / /
.78
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
No arrearage of shareholder holding over 5% (including 5%) with voting right of the Company in accounts payable during the report period.
13. Accounts received in advance
(1) Aging of accounts received in advance
Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Aging Amountintheperiod-end Amountintheperiod-beg
in
Amount Proportio Amount Proportio
n n
(1year 63,344,420 100.00 79,601,446 99.58
.80 .80
1-2years 332,076.94 0.42
Total 63,344,420 100.00 79,933,523 100.00
.80 .74
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
(2) Units owing accounts received in advance
Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Nameofcompanie Relationshipwi Amountina Timein Reasoninarrear
s ththeCompany rrear arrear
BeijingBeimaoT Customer 3,500,000 Within Receivedmoneybu
extileGroupCo. .00 1year tundeliveredgoo
ds
BinzhouTaifeng Customer 1,450,000 Within Receivedmoneybu
CottonTextileC .00 1year tundeliveredgoo
o. ds
XinxiangJinxin Customer 1,015,000 Within Receivedmoneybu
gTextileCo.,Lt .00 1year tundeliveredgoo
d. ds
AnhuiTextileMa Customer 880,000.0 Within Receivedmoneybu
chineryCo.,Ltd 0 1year tundeliveredgoo
. ds
AnqingsusongHu Customer 800,000.0 Within Receivedmoneybu
yiWorstedCo.,L 0 1year tundeliveredgoo
td. ds
Total / 7,645,000 / /
.00
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
14. Welfare expense payable：
Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Items Amountintheperiod-e Amountintheperiod-beg Reason
nd in
Drawingamoun 1,684,308.38 1,268,447.25 Notusedu
t p
Total 1,684,308.38 1,268,447.25 /
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
15. Dividend payable
Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Items Amountintheperiod-end Amountintheperiod-begin
Profitdistribut 48,982.25 28.84
ion
Total 48,982.25 28.84
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Dividend payable was the unpaid dividend by Shanghai Liangji Industrial Co., Ltd. in 2005. 16. Tax payable：
Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Items Amountintheperiod- Amountintheperiod-b Chargingra
end egin te
VAT 5,098,214.06 -1,187,774.72 17%
Salestax 851,643.79 45,966.92 5%
Incometax 874,051.50 2,073,600.63 15%~33%
Personalincom 9,126.57 200,853.81
etax
Cityconstruct 598,172.06 1%-7%
iontax
Other 8,089.83
Total 6,833,035.92 1,738,908.53 /
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Tax payable has increased as at the period-end over the period-begin, which was because that the VAT payable of parent company rose at the period-begin. In the report period, there was no tax payable overdur the legal ratepaying term.
17. Other accounts payable：
Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Items Amountintheperiod-e Amountintheperiod-be Taxrat
nd gin e
Educationalsurt 808,452.64 881,095.50 3%
ax
Rivermanagement 59,408.73 85,571.03 1%
tax
Total 867,861.37 966,666.53 /
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
18. Other accounts payable：
(1) Aging of other accounts payable
Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Aging Amountintheperiod-end Amountintheperiod-begi
n
Amount Proportion Amount Proportion
(1year 34,592,285 92.80 38,992,847 90.81
.02 .22
1-2years 782,874.16 2.10 1,335,693. 3.11
20
2-3years 29,384.15 0.08 48,124.39 0.11
(3years 1,872,671. 5.02 2,562,148. 5.97
81 63
Total 37,277,215 100.00 42,938,813 100.00
.14 .44
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Other payables as at period-end has decreased by RMB 5,661,598.30 compared with the period-begin, which was because that the Company conducted the discharge in the report period. 19. Expense drawn in advance：
Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Items Amountintheperiod- Amountintheperiod- Reasonofbala
end begin nce
Interestexpe 1,476,457.84 1,285,249.52 Unpaid
nditure
Legalexpense 385,909.64
Others 791,898.22
Total 1,476,457.84 2,463,057.38 /
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
20. Long-term loans
(1) Classification of long-term loans
Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Items Amountintheperiod-end Amountintheperiod-begin
Loanbycredit 4,082,730.79 4,082,730.79
Total 4,082,730.79 4,082,730.79
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
The financial status of Liangji Machinery, a subsidiary of the Company, was bad and did not repay overdue. 21. Minority interests
The minority interest was RMB 8,471,209.62 during the repor period. 22. Share capital
Statement of Change in Shares
RMB: share
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Beforethecha Increase/decreaseinthisperiod Beforethecha
nge （＋，－） nge
Numbe Propo Iss Bonuss Capita Ot Subto Numbe Propo
rofsh rtion uan hares lizati he tal rofsh rtion
ares (%) ceo onofpu r ares (%)
fne blicre
wsh serve
are
s
I.Sharessubjecttomoratorium
1.Shar 262,3 46.31 -24,91 -24,9 237,4 41.92
esheld 42,31 % 3,658 13,65 28,65 %
bytheS 0 8 2
tate
2.Shar 262,3 46.31 -24,91 -24,9 237,4 41.92
esheld 42,31 % 3,658 13,65 28,65 %
bystat 0 8 2
e-owne
dlegal
person
s
3.Shar
esheld
byothe
rdomes
ticinv
estors
Amongw
hich:S
haresh
eldbyd
omesti
clegal
person
s
Shares
heldby
domest
icnatu
ralper
sons
4.Shar 232,9 41.12 232,9 41.12
esheld 25,00 % 25,00 %
byfore 0 0
igninv
estors
Amongw
hich:S
haresh
eldbyo
versea
slegal
person
s
Shares 232,9 41.12 232,9 41.12
heldby 25,00 % 25,00 %
overse 0 0
asnatu
ralper
sons
Totals
haress
ubject
tomora
torium
II.Sharesnotsubjecttomoratorium
1.RMBo 71,18 12.57 24,913 96,09 16.96
rdinar 1,880 % ,658 5,538 %
yshare
s
2.Dome
stical
lylist
edfore
ignsha
res
3.Over
seasli
stedfo
reigns
hares
4.Othe
rs
Totals
haresn
otsubj
ecttom
orator
ium
III.To 566,4 100.0 0 566,4 100%
talsha 49,19 0% 49,19
res 0 0
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
In accordance with the replaying of Ministry of Commerce on Agreeing the Share Merger Reform of Shanghai Erfangji Co., Ltd. with SZP [2006] No. 560 document, the Ministry of Commerce agreed that the Company agreed Pacific Mechatronic (Group) Co., Ltd., a nontradable shareholder, to transfer 24,913,658 shares to shareholders of tradable A-share according to the Share Merger Reform Plan passed in the shareholders’ general meeting on Jan. 23, 2006. The shareholders of tradable A-share could obtain 3.5 shares of A-share for every 10 shares. Thus, the Company’s structure of share capital has occurred the above change.
23. Capital reserve
Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Items Amountinthep Increasein Decreaseinth Amountinthe
eriod-begin theperiod eperiod period-end
Premiumoncapi 29,411,508.8 29,411,508.
talstock 8 88
Receivednon-c 218,201.00 218,201.00
ashdonationof
rfixedassetre
serve
Reserveforsto 3,942,635.13 3,942,635.1
ckinvestment 3
Othercapitalr 35,810,083.3 125,169.71 35,810,083.
eserve 7 37
Total 69,412,428.3 125,169.71 69,537,598.
8 09
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
24. Undistributed profit：
Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Items Amountintheperiod
Netprofit 2,263,356.88
Add:ndistributedprofitintheyearbegin 17,135,792.19
ning
Othertransfer-in
Less：withdrawingofstatutorysurplusp
ublicfunds
Withdrawingstatutorysurpluspublicwel
farefunds
Undistributedprofit 19,399,149.07
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
25. Unrecognized investment loss：
Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Item Amountintheperio Amountintheperiod-beg
d in
Unrecognizedinvestmentlos 709,508.87 863,265.45
s
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
26. Income & cost of core business：
(1) Core business classified by product
Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Nameofindustri Amountintheperiod-end Amountinthesameperiodofla
es styear
OperatingInc Operating OperatingInco Operatingc
ome cost me ost
Flyer-framepro 523,588,768. 485,629,8 452,612,955.1 398,057,15
ducts 28 19.50 0 5.12
Others 1,362,176.17 358,394.1 1,121,753.06 150,546.54
6
Includingrelat 25,857,546.0 24,019,97 61,938,533.96 52,506,105
edtransactions 1 0.67 .18
Total 524,950,944. 485,988,2 453,734,708.1 398,207,70
45 13.66 6 1.66
Internaloffset 128,054,395. 128,054,3 94,149,686.46 94,149,686
80 95.80 .46
Total 396,896,548. 357,933,8 359,585,021.7 304,058,01
65 17.86 0 5.20
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
(2) Core business classified by product
Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Nameofproducts Amountintheperiod Amountinthesameperiodofla
styear
OperatingInc Operating OperatingInco Operatingc
ome cost me ost
Flyer-framepro 523,588,768. 485,629,8 452,612,955.1 398,057,15
ducts 28 19.50 0 5.12
Others 1,362,176.17 358,394.1 1,121,753.06 150,546.54
6
Includingrelat 25,857,546.0 24,019,97 61,938,533.96 52,506,105
edtransactions 1 0.67 .18
Total 524,950,944. 485,988,2 453,734,708.1 398,207,70
45 13.66 6 1.66
Internaloffset 128,054,395. 128,054,3 94,149,686.46 94,149,686
80 95.80 .46
Total 396,896,548. 357,933,8 359,585,021.7 304,058,01
65 17.86 0 5.20
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
(3) Core business classified by region
Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Nameofregion Amountintheperiod Amountinthesameperiodofla
styear
Operatinginc Operating Operatinginco Operatingc
ome cost me ost
Domestic 427,942,453. 393,525,1 351,433,106.0 301,606,52
44 35.11 7 9.98
Overseas 97,008,491.0 92,463,07 102,301,602.0 96,601,171
1 8.55 9 .68
Includingrelat 25,857,546.0 24,019,97 61,938,533.96 52,506,105
edtransactions 1 0.67 .18
Total 524,950,944. 485,988,2 453,734,708.1 398,207,70
45 13.66 6 1.66
Internaloffset 128,054,395. 128,054,3 94,149,686.46 94,149,686
80 95.80 .46
Total 396,896,548. 357,933,8 359,585,021.7 304,058,01
65 17.86 0 5.20
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
27. Tax and extra of main operations
Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Items Amountintheper Amountinthesam Chargingrate
iod eperiodoflasty
ear
Businesstax 57,362.04 56,087.68 5%
Cityconstructionta 1,220,388.58 1,081,848.24 1%-7%
x
Educationalsurtax 524,498.71 465,091.52 3%
Total 1,802,249.33 1,603,027.44 /
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
28. Other business profit
Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Item Amountintheperiod Amountinthesameperiodoflas
tyear
Income Cost Profit Income Cost Profit
Salesofmat 6,097,57 5,312,0 785,526 22,409, 24,386,3 -1,976,
erial 1.14 44.58 .56 591.17 86.81 795.64
Rentalturn 7,564,80 3,735,0 3,829,7 6,642,1 3,243,53 3,398,6
over 3.19 40.19 63.00 79.70 8.71 40.99
Others 8,783,09 8,884,3 -101,28 2,287,4 2,440,19 -152,76
0.38 77.19 6.81 27.57 1.60 4.03
Total 22,445,4 17,931, 4,514,0 31,339, 30,070,1 1,269,0
64.71 461.96 02.75 198.44 17.12 81.32
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
29. Financial expense
Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Items Amountintheper Amountinthesameperiodof
iod lastyear
Interestexpense 4,554,825.58 5,043,785.50
Less:interestincome 471,747.02 449,534.60
Lossfromexchangingcurrenc 353,436.74 485,975.95
y
Less：gainfromexchangingc 310,048.05 558,899.98
urrency
Others 125,472.14 41,208.69
Total 4,251,939.39 4,562,535.56
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
30. Investment income
Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Items Amountinthepe Amountinthesameperiodofl
riod astyear
Long-termequityinvestment 220,949.01 1,428,323.42
Including:incomeconfirmed 149,597.73 1,153,740.14
asperequitymethod
Profitdistributedofinvest 71,351.28 274,583.28
eescalculatedaspercostmet
hod
Total 220,949.01 1,428,323.42
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
31. Non-operating income：
Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Items Amountintheperiod Amountinthesameper
iodoflastyear
Incomefromliquidatingfixed 1,673,406.44
assets
IncomefromsellingplotofWuy 14,805,462.40
iRoad
Drawback 452,900.00
Other 1,951,893.65 85,788.60
Total 16,757,356.05 2,212,095.04
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
32. Non-operating expenditure：
Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Items Amountintheperiod Amountinthesameperi
odoflastyear
Lossfromliquidatingfixedas 343,359.28 697,238.97
sets
Taxallottedofsellingplotof 814,300.43
WuyiRoad
Other 162,330.28 87,504.61
Total 1,319,989.99 784,743.58
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
33. Income tax
Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Items Amountintheperiod Amountinthesameperi
odoflastyear
Incometaxinadvance 425,929.54 620,122.57
Total 425,929.54 620,122.57
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
34. Other cash received related with operating activities
Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Items Amount
Incomefromleaseandmaintenance 7,480,793.90
Returingcurrentpaymentandother 28,023,489.87
Total 35,504,283.77
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
35. Other cash paid related with operating activities
Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Items Amount
Correspondence,UtilitiesExpense 6,386,853.21
TravelExpense 1,045,670.36
Entertainmentexpenses 894,785.58
Compensationforsettlementpaidtoemplo 2,090,230.00
yees
Currentpaymentandother 54,221,153.46
Total 64,638,692.61
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
(V) Notes to accounting statement of parent company
1. Accounts receivable
Accounts receivable age
Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Aging Amountatperiod-end Amountatperiod-begin
Bookbalance Netbookamount Bookbalance
Amount Propor Amoun Proportion(%)
tion(% t
)
(1yea 122,411 78.66 5,664,7 113,227,317.7 77.32 5,661,365.
r ,627.41 83.59 5 89
1-2ye 11,198, 7.20 1,119,8 11,198,372.01 7.65 1,119,837.
ars 372.01 37.20 20
2-3ye 132,768 0.09 26,553. 132,768.00 0.09 26,553.60
ars .00 60
(3yea 21,886, 14.05 16,048, 21,886,716.69 14.94 16,048,085
rs 716.69 085.11 .11
Total 155,629 100.00 22,859, 146,445,174.4 100.00 22,855,841
,484.11 259.50 5 .80
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
(2) Change in bad debt reserve for accounts receivable
Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Items Balanceatperi Increaseinthe Balanceatperi
od-begin period od-end
Baddebtreserveforacco 22,855,841.80 3,417.70 22,859,259.50
untsreceivable
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
(3) Top 5 accounts receivable
Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Amountatperiod-end Amountatperiod-begin
Amount Proportion(% Amount Proportion(
) %)
Totalamount 79,201,466.5 50.89 112,360,567. 76.73
&proportion 6 00
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
(4) Major units owing accounts receivable
Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Nameofcompan Relation Amountin Time Reasoni Proport Reasonfo
y shipwith arrear inar narrear iontoba rbaddebt
theCompa rear ddebtre reserve
ny serve(%
)
ShanghaiPaci Customer 23,066,9 With Install 5 Pursuant
ficComplete- 70.24 in1y mentpay toaccoun
setTextileMa ear mentbyc tingsyst
chineryCo.,L ontract emforBus
td inessEnt
erprise
BinzhouPacif Customer 16,988,5 With Install 5 Pursuant
icMachineryE 06.50 in1y mentpay toaccoun
quipmentCo., ear mentbyc tingsyst
Ltd. ontract emforBus
inessEnt
erprise
ZhejiangKang Customer 15,160,0 With Install 5 Pursuant
xinChemicalF 00.00 in1y mentpay toaccoun
iberEquipmen ear mentbyc tingsyst
tCo.,Ltd ontract emforBus
inessEnt
erprise
WeiqiaoTexti Customer 12,960,0 With Install 5 Pursuant
leCo.,Ltd. 00.00 in1y mentpay toaccoun
ear mentbyc tingsyst
ontract emforBus
inessEnt
erprise
ShangdongJin Customer 11,025,9 With Install 10 Pursuant
anZhenghaoCh 89.82 in2y mentpay toaccoun
emicalFiberE ears mentbyc tingsyst
quipmentCo., ontract emforBus
Ltd inessEnt
erprise
Total / 79,201,4 / / / /
66.56
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
(5) No arrearages of shareholders holding 5% (including 5%) of shares with voting right of the Company in accounts receivable during the report period.
2. Other receivables (1) Aging of other receivables
Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Agin Amountattheperiod-end Amountattheperiod-begin
g Bookbalance Reserveforbaddebt Bookbalance
s
Amount Propor Amount Proportion%
tion%
With 11,013, 53.81 152,143.39 3,042,86 26.69 152,143.39
in1y 157.33 7.80
ear
1-2y 8,354,6 40.82 725,611.76 7,256,11 63.66 725,611.76
ears 78.05 7.63
Over 1,099,8 5.37 999,900.00 1,099,80 9.65 999,900.00
3yea 00.00 0.00
rs
Tota 20,467, 100.00 1,877,655.1 11,398,7 100.00 1,877,655.15
l 635.38 5 85.43
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
(2) Change in reserve for bad debts of other receivables
Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Items Balanceatthep Balanceatthep
eriod-begin eriod-end
Reserveforbaddebtsofotherreceivables 1,877,655.15 1,877,655.15
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
(3) Top 5 debtors owing accounts receivable
Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Amountattheperiod-end Amountattheperiod-begin
Amount Proportion% Amount Proportion%
Totalamount 11,847,112.8 57.88 8,811,719.46 77.30
&proportion 6
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
(4) Other units owing accounts receivable
Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Nameofco Relationsh Amountin Tim Reaso Provis Propor Reason
mpanies ipwiththeC arrear ein ninar ionfor tionto forbad
ompany arr rear baddeb baddeb debtre
ear ts treser serve
ve(%)
Shanghai Subsidiary 7,000,00 Wit Curre 350,00 5 Pursua
PacificT ofcontroll 0.00 hin ntpay 0 nttoac
extileMa ingcompany 1ye ment counti
chineryC ar ngsyst
omplete- emforB
SetEquip usines
mentCo., sEnter
Ltd. prise
Shanghai Supplier 2,341,96 Wit Undue 117,09 5 Pursua
LiangjiM 4.58 hin 8.23 nttoac
etalProd 1ye counti
uctsCo., ar ngsyst
Ltd. emforB
usines
sEnter
prise
PacificM controllin 1,212,55 Wit Curre 60,627 5 Pursua
echatron gcompany 6.10 hin ntpay .81 nttoac
ic(Group 1ye ment counti
)Co.,Ltd ar ngsyst
. emforB
usines
sEnter
prise
LiangjiH Subsidiary 695,623. Wit Curre 34,781 5 Pursua
ainanInv non-consol 18 hin ntpay .16 nttoac
estmentC idatedscop 1ye ment counti
onsultat e ar ngsyst
ionCo.,L emforB
td. usines
sEnter
prise
Shanghai Schoolrunw 596,969. Wit Curre 29,848 5 Pursua
Erfangji orkshop 00 hin ntpay .45 nttoac
Secondar 1ye ment counti
yTechnic ar ngsyst
alSchool emforB
usines
sEnter
prise
Total / 11,847,1 / / 592,35 / /
12.86 5.65
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
(5) Particulars about arrearages of shareholders holding 5% (including 5%) of shares with voting right of the Company in other receivables during the report period
Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Nameofcompany Amountasofthisperio Amountatthesameperiodo
d flastyear
Amountowe Amountof Amountowed Amountofba
d baddebts ddebtswith
withdraw drawn
n
PacificMechatronic(Gr 1,212,556 60,627.8 685,026.90 34,251.35
oup)Co.,Ltd. .10 1
Total 1,212,556 60,627.8 685,026.90 34,251.35
.10 1
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Balance of compensation payment of discharge of labor contract of Erfangji undertaken by Pacific Mechatronic (Group) Co., Ltd., the controlling company, was RMB 1,212,556.10 in accordance with the normal proceeding. 3 .Long-term investment
(1) Classification of long-term investment
Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Item Amountatt Increas Decrease Amountat
heperiod- einthis inthispe theperio
begin period riod d-end
Stockinvestment 27,456,56 27,456,5
7.12 67.12
Investmentinsubsidiaries 74,519,68 718,618 9,869,95 65,368,3
3.71 .40 6.59 45.52
Investmentinjointventures 2,687,343 162,002 99,162.9 2,750,18
.93 .90 5 3.88
Otherequityinvestment 366,122.2 366,122.
9 29
Balanceofequityinvestment -385,342. -385,342
16 .16
Total 104,644,3 880,621 9,969,11 95,555,8
74.89 .30 9.54 76.65
Less:Provisionfordevaluati 2,195,138 2,195,13
onoflong-termequityinvestm .72 8.72
ent
Totalnetamountoflong-terme 102,449,2 / / 93,360,7
quityinvestment 36.17 37.93
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
(2) Long-term stock investment
Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
NameofI Stockty Numberofs Initialc Bookbala Depreci Netbooka
nvestee pe hares ostofinv nce ationPr mount
estment ovision
STFengh Legalpe 388,800.0 1,266,00 1,266,00 1,266,00
ua rsonsha 0 0.00 0.00 0.00
re
CHINAUN Legalpe 525,096.0 1,107,36 1,107,36 1,107,36
ICOM rsonsha 0 0.00 0.00 0.00
re
GJiabao Legalpe 836,784.0 2,390,16 2,390,16 2,390,16
rsonsha 0 8.32 8.32 8.32
re
AijianS Legalpe 2,083,388 7,584,00 7,584,00 167,138 7,416,86
tock rsonsha .00 0.00 0.00 .72 1.28
re
GHongsh Legalpe 184,800.0 306,000. 306,000. 306,000.
eng rsonsha 0 00 00 00
re
GNanyan Legalpe 74,052.00 170,400. 170,400. 170,400.
g rsonsha 00 00 00
re
GShenda Legalpe 325,248.0 495,440. 495,440. 495,440.
rsonsha 0 00 00 00
re
GShenne Legalpe 450,000.0 840,000. 840,000. 840,000.
ng rsonsha 0 00 00 00
re
Shuixia Legalpe 880,000.0 3,040,00 3,040,00 2,028,0 1,012,00
nA rsonsha 0 0.00 0.00 00.00 0.00
re
NewWorl Legalpe 471,830.0 440,988. 440,988. 440,988.
d rsonsha 0 80 80 80
re
YuyuanC Legalpe 594,594.0 1,911,21 1,911,21 1,911,21
ommerci rsonsha 0 0.00 0.00 0.00
alCity re
TongdaC Legalpe 535,500.0 1,605,00 1,605,00 1,605,00
huangye rsonsha 0 0.00 0.00 0.00
re
Haitong Legalpe 7,943,760 6,120,00 6,120,00 6,120,00
Securit rsonsha .00 0.00 0.00 0.00
ies re
HainanX Legalpe 337,500.0 30,000.0 30,000.0 30,000.0
ing’an rsonsha 0 0 0 0
re
Beijing Legalpe 500,000.0 150,000. 150,000. 150,000.
Jiufeng rsonsha 0 00 00 00
re
Total / 16,131,35 27,456,5 27,456,5 2,195,1 25,261,4
2.00 67.12 67.12 38.72 28.40
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
(3) Other equity investment
Unit: RMB
1) Investment in subsidiaries, joint ventures and affiliates
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Nameof Rel Prop Term Costof Balan Increas Divi Balanc Acc
invest ati orti ofin invest ceint e/decre dend einthe oun
eecomp ons onto vest ment heper aseinth sdis period -ti
any hip regi ment iod-b isperio trib -end ngm
wit ster egin d tedi eth
hpa edca ncas od
ren pita h
tco lsin
mpa thei
ny nves
teec
ompa
ny(%
)
Shangh Inv 90 1999 11,176 13,04 507,171 881, 12,666 Equ
aiLian est .01- ,200.0 0,677 .09 161. ,687.5 ity
gjiInd -me 2018 0 .60 13 6 met
ustria nti .12 hod
lCo.,L nsu
td. bsi
-di
ari
es
Shangh Inv 85 2001 18,919 29,78 -8,916, 20,864 Equ
aiLian est .05- ,458.4 0,988 979.70 ,008.4 ity
gfangT -me 2021 0 .18 8 met
extile nti .5 hod
Machin nsu
erySpe bsi
cialPa -di
rtsCo. ari
,Ltd. es
Shangh Inv 90 1998 27,000 28,49 186,539 28,682 Equ
aiPuen est .11- ,000.0 5,536 .16 ,075.2 ity
yiImpo -me 2013 0 .08 4 met
rt&Exp nti .11 hod
ortCo. nsu
,Ltd. bsi
-di
ari
es
Shangh Inv 90 1998 1,350, 1,009 -4,619. 1,004, Equ
aiLian est .12- 000.00 ,193. 55 573.54 ity
gjiMac -me 2014 09 met
hinery nti .12 hod
Co.,Lt nsu
d bsi
-di
ari
es
Shangh Inv 83.7 2001 1,675, 1,807 24,908. 67,1 1,765, Equ
aiYiji est 5 .04- 000.00 ,946. 15 96.2 658.54 ity
eInfor -me 2021 60 1 met
mation nti .4 hod
Techno nsu
logyCo bsi
.,Ltd. -di
ari
es
Shangh Inv 20 2003 100,00 98,60 -98,600 Equ
aiErfa est .05- 0.00 0.82 .82 ity
ngjiCh -me 2023 met
emical nti .5 hod
FiberC naf
omplet fil
e-setE iat
quipme edc
ntCo., omp
Ltd any
Pacifi Inv 20 2002 1,000, 1,988 162,002 2,150, Equ
cTexti est .07- 000.00 ,301. .90 304.57 ity
leMach -me 2022 67 met
ineryC nti .7 hod
omplet naf
e-SetE fil
quipme iat
ntCo., edc
Ltd. omp
any
Shando Inv 25 With 500,00 600,4 -562.13 599,87 Equ
ngLian est outd 0.00 41.44 9.31 ity
gjiTex -me ay met
tileMa nti hod
chiner naf
yCo.,L fil
td iat
edc
omp
any
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
2) Other equity investment
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Nameofin Proportion Termofinv Invest Balancea Balance Accoun
vestees toregister estment mentco ttheperi atthepe tingme
edcapitals st od-begin riod-en thod
intheinves d
teecompany
(%)
Shanghai 10 2002-09-2 366,12 366,122. 366,122 Costme
LiangyuM 021-08 2.29 29 .29 thod
aterialT
radeCo.,
Ltd.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
(4) Balance of equity investment
Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Nameofinvestees Amounta Initial Balance Reason Limitof
ttheper balance atthepe yearofa
iod-beg riod-en mortiza
in d tion
ShanghaiLiangfangTexti -690,71 -1,381, -690,71 Invest 10years
leMachinerySpecialPart 2.16 424.36 2.16 ment
sCo.,Ltd.
ShanghaiPuenyiImport&E 305,370 610,740 305,370 Equity 10years
xportCo.,Ltd. .00 .00 .00 transf
er
Total -385,34 -770,68 -385,34 / /
2.16 4.36 2.16
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
4. No arrearage of shareholders holding 5% (including 5%) of voting right of the Company in advance payments during the report period
5. Retained profit
Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Items Amountattheendofperiod
Netprofit 2,263,356.88
Add:retainedprofitatthebeginningofye 20,292,725.74
ar
Othertransferredin
Less:appropriatingstatutorysurplusre
serve
Appropriatingstatutorywelfarefund
Retainedprofit 22,556,082.62
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
6. Income from main operations and cost of main operations
(1) Main operation classified according to industrial
Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Industry Amountasofthisperiod Amountatthesameperiodofla
styear
Operatinginc Operatingc Operatinginc Operatingco
ome ost ome st
Manufacturing 337,916,862. 314,573,12 308,780,682. 267,738,448
ofindustry 54 4.91 16 .79
Total 337,916,862. 314,573,12 308,780,682. 267,738,448
54 4.91 16 .79
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
(2) Main operation classified according to products
Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Product Amountasofthisperiod Amountatthesameperiodoflas
tyear
Operatingin Operatingc Operatinginco Operatingco
come ost me st
Textilemachin 337,916,862 314,573,12 308,780,682.1 267,738,448
e .54 4.91 6 .79
Total 337,916,862 314,573,12 308,780,682.1 267,738,448
.54 4.91 6 .79
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
(3) Main operation classified according to area
Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Region Amountasofthisperiod Amountatthesameperiodofla
styear
Operatinginc Operating Operatinginc Operatingco
ome cost ome st
Domestic 337,916,862. 314,573,1 308,780,682. 267,738,448
54 24.91 16 .79
Total 337,916,862. 314,573,1 308,780,682. 267,738,448
54 24.91 16 .79
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
7. Investment Income
Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Item Amountasofthisperio Amountatthesameper
d iodoflastyear
Long-termequityinvestment 1,894,657.47 2,150,675.12
Including:incomeconfirmed 1,894,657.47 1,876,091.84
asperequitymethod
Profitdistributedofinvest 274,583.28
eescalculatedaspercostmet
hod
Total 1,894,657.47 2,150,675.12
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
(VI) Related parties and related transaction
1. Basic information of related parties with the controlling relationship
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Relatedp Registeredad Mainoperations Relatio Economic Legalre
arty dress nshipwi natual present
ththeCo ative
mpany
PacificM No.554,Kaixu Textilemachine Thecont State-ow ZhengYu
echatron anRoad ,mechatronicpr rolling nedenter anhu
ic(Group oducts shareho prise(ow
)Co.,Ltd lder nershipb
. ytheenti
re/whole
people)
Shanghai No.179,Meish Internationala Thecont State-ow
LiangjiI engRoad,Waig nddomestictrad rolling nedcontr
ndustria aoqiaoFreeTr ing subsidi olling
lCo.,Ltd adeZone ary
.
Shanghai No.715,Aomen Productionands Thewhol State-ow
LiangjiP Road alesoftextilep ly-owne nedcontr
lasticPr lastic dsubsid olling
oductsCo iary
.,Ltd.
Shanghai Rm.102,No.16 Productionands Thecont State-ow
LiangjiM 71,XizangSou alesofspinning rolling nedcontr
achinery thRoad machine subsidi olling
Co.,Ltd ary
HainanLi Rm.1202,Bloc Investmentofin Thecont State-ow
angjiInv kD,DEPREXMan dustryandprope rolling nedcontr
estmentD sion,GuomaoN rtymanagement subsidi olling
evelopme orthRoad,Jin ary
ntCo.,Lt gmao,Haikou
d.
LinhaiLi FangjiaLane, Productionands Thecont State-ow
angfangT DatianTown,L alespindleroll rolling nedcontr
extileSp inhaiCity erandsteelpins subsidi olling
ecialPar andothercompon ary
tsCo.,Lt entsoftextilem
d. achine
Shanghai Rm2506,Liuli Operationsofse Thecont State-ow
PuenyiIm nMansion,No. lf-manufacturi rolling nedcontr
port&Exp 1,HuaihaiRd. ngproductsandi subsidi olling
ortCo.,L M. mportandexport ary
td. businessoftech
nologyrelatedw
ithcommodities
LinhaiLi No.153,Hongl Productionands Thecont State-ow
angfangT iuRoad,Shang alespindleroll rolling nedcontr
extileMa hai erandsteelpins subsidi olling
chineryS andothercompon ary
pecialPa entsoftextilem
rtsCo.,L achine
td.
Shanghai No.687,Chang Softwareandhar Thecont State-ow
YijieInf zhongRoad dwareofcompute rolling nedcontr
ormation r,four-technol subsidi olling
Technolo ogyserviceofsy ary
gyCo.,Lt stemintegratio
d. nfield
Shanghai No.687,Chang Saleofcomponen Other Limitedc
Liangzho zhongRoad toftextilemach ompany
uMateria ine
lTradeCo
.,Ltd.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
2. Registered capital of related parties existing controlling relationship and change:
Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Relatedparty Amountofregis Increase/de Amountofregist
teredcapitala creaseofreg eredcapitalatt
ttheperiod-be isteredcapi heperiod-end
gin tal
PacificMechatronic(Gro 100,000.00 100,000.00
up)Co.,Ltd.
ShanghaiLiangjiIndustr 1,241.80 1,241.80
ialCo.,Ltd.
ShanghaiLiangjiPlastic 318.00 318.00
ProductsCo.,Ltd.
ShanghaiLiangjiMachine 150.00 150.00
ryCo.,Ltd
HainanLiangjiInvestmen 300.00 300.00
tDevelopmentCo.,Ltd.
LinhaiLiangfangTextile 590.51 590.51
SpecialPartsCo.,Ltd.
ShanghaiPuenyiImport&E 3,000.00 3,000.00
xportCo.,Ltd.
LinhaiLiangfangTextile 2,200.00 2,200.00
MachinerySpecialPartsC
o.,Ltd.
ShanghaiYijieInformati 200.00 200.00
onTechnologyCo.,Ltd.
ShanghaiLiangzhouMater 218.00 218.00
ialTradeCo.,Ltd.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
3. Shares held by related parties existing controlling relationship and change
Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Relatedp Numberofs Proporti Increa Proport Numberof Proporti
arty haresheld onofshar se/Dec ionofin shareshe onofshar
byrelated esheldby reaseo crease/ ldbyrela esheldby
partiesat relatedp fshare Decreas tedparti relatedp
theperiod artiesat sheldb eofshar esatthep artiesat
-begin theperio yrelat esheldb eriod-en theperio
d-begin( edpart yrelate d d-end(%)
%) ies dpartie
s
PacificM 26,234.23 46.31 -2491. -9.50 23,742.8 41.92
echatron 36 6
ic(Group
)Co.,Ltd
.
Shanghai 1,117.62 90.00 1,117.62 90.00
LiangjiI
ndustria
lCo.,Ltd
.
Shanghai 286.20 90.00 286.20 90.00
LiangjiP
lasticPr
oductsCo
.,Ltd.
Shanghai 135.00 90.00 135.00 90.00
LiangjiM
achinery
Co.,Ltd
HainanLi 210.00 70.00 210.00 70.00
angjiInv
estmentD
evelopme
ntCo.,Lt
d.
LinhaiLi 490.51 83.00 490.51 83.00
angfangT
extileSp
ecialPar
tsCo.,Lt
d.
Shanghai 2,700.00 90.00 2,700.00 90.00
PuenyiIm
port&Exp
ortCo.,L
td.
LinhaiLi 1,870.00 85.00 1,870.00 85.00
angfangT
extileMa
chineryS
pecialPa
rtsCo.,L
td.
Shanghai 167.50 83.75 167.50 83.75
YijieInf
ormation
Technolo
gyCo.,Lt
d.
Shanghai 21.80 10.00 21.80 10.00
Liangzho
uMateria
lTradeCo
.,Ltd.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
4. Related parties without controlling relationship
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Nameofrelatedparty RelationshipwiththeCompany
PacificTextileMachineryComplete-SetEqu Affiliatedcompany
ipmentCo.,Ltd.
ShandongLiangjiTextileMachineryCo.,Ltd Affiliatedcompany
ShanghaiXinsijiMechatronicCo.,Ltd Controllingsubsidiaryofpar
entcompany
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
5. Related transaction
(1) Related transaction concerning purchasing of commodities and receiving labor service
Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Relatedparty Relate Pric Amountintheperiod Amountatthesameper
dtrans ingr iodoflastyear
action ules Amount Proporti Amount Proporti
ontothes ontothes
imilartr imilartr
ansactio ansactio
nturnove nturnove
r(%) r(%)
LinhaiLiangf Purcha Mark 5,660,49 16.48 0 0
angTextileSp se etpr 8.70
ecialPartsCo ice
.,Ltd.
ShanghaiPaci Purcha Mark 2,820,51 8.21 0 0
ficTextileMa se etpr 2.82
chineryCompl ice
ete-SetEquip
mentCo.,Ltd.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
(2) Related transactions concerning sale of products and provision of labor service
Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Relatedparty Relate Pric Amountintheperiod Amountatthesameper
dtrans ingr iodoflastyear
action ules Amount Proporti Amount Proporti
ontothes ontothes
imilartr imilartr
ansactio ansactio
nturnove nturnove
r(%) r(%)
PacificMechat Sale Mark 6,526,9 19.01
ronic(Group)C etpr 23.07
o.,Ltd. ice
ShandongLiang Sale Mark 6,235,1 18.16 10,488,4 18.29
jiTextileMach etpr 11.11 10.26
ineryCo.,Ltd ice
ShanghaiPacif Sale Mark 13,095, 38.14 46,843,9 81.71
icTextileMach etpr 511.83 31.39
ineryComplete ice
-SetEquipment
Co.,Ltd.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
6. Accounts receivable & payable of related parties
Unit: RMB
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Accountsrecei Relatedparty Amountatperi Amountatper
vable&payable od-begin iod-end
Accountsrecei PacificMechatronic(Group 7,052,000.00 1,582,000.0
vable )Co.,Ltd. 0
Accountsrecei ShanghaiPacificTextileMa 26,485,912.4 24,270,046.
vable chineryComplete-SetEquip 0 24
mentCo.,Ltd.
Accountsrecei ShanghaiXinsijiMechatron 6,752,635.26 6,752,635.2
vable icCo.,Ltd 6
Otherreceivab PacificMechatronic(Group 0 1,212,556.1
les )Co.,Ltd. 0
Otherreceivab ShanghaiYijieInformation 0 42,740.43
les TechnologyCo.,Ltd.
Otherreceivab HainanLiangjiInvestmentD 682,316.58 695,623.18
les evelopmentCo.,Ltd.
Otherreceivab ShanghaiPacificTextileMa 7,000,000.0
les chineryComplete-SetEquip 0
mentCo.,Ltd.
Accountspayab ShanghaiXinsijiMechatron 1,242,000.00 1,142,000.0
le icCo.,Ltd 0
Accounts PacificMechatronic(Group 7,832,991.00 4,402,391.0
)Co.,Ltd. 0
accountreceiv ShanghaiXinsijiMechatron 0 189,826.05
edinadvance icCo.,Ltd
accountreceiv ShandongLiangjiTextileMa 5,504,178.62 1,482,920.0
edinadvance chineryCo.,Ltd 0
Otherpayables PacificMechatronic(Group 685,026.90 772,840.73
)Co.,Ltd.
Otherpayables ShanghaiErfangjiChemical 388,828.00
FiberComplete-setEquipme
ntCo.,Ltd
Advancepaymen ShanghaiPacificTextileMa 6,200,000.0
t chineryComplete-SetEquip 0
mentCo.,Ltd.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
(VII) Contingent events
Naught
(VIII) Commitments
Naught
(IX) Subsequent events after the balance sheet day
Naught
(X) Other significant events
Naught
VIII. Documents Available For Reference
1. Accounting statement of semi-annual report 2006 with sign manuals and seals of legal representative, chief financial officer and person in charge of financial affairs;
2. All original documents publicly disclosed in Shanghai Securities News and Hong Kong Ta Kung Pao in the report period;
3. The originals of the aforesaid documents are available at the registered address of the Company for the reference by China Securities Regulatory Commission, Shanghai Stock Exchange or shareholder according to regulations or the Articles of Association.
4. The Articles of Association of the Company;
5. Other relevant documents.
Chairman of the Board: Zheng Yuanhu
Shanghai Erfangji Co., Ltd.
Aug. 19, 2006
Announcement of Directors and Senior Management
on Interim Report 2006
As director sand senior management of the Shanghai Erfangji Co., Ltd., we considered that the interim report 2006 of the Company has reflected the Company’s operation and financial statues in truth and veracity. In the mean time, we warrant that this report does not contain any false or misleading statements or omit any material facts and all information set forth herein are true, accurate and complete.
Declarant Signature
Zheng Yuanhu
Li Peizhong
Cui Ling
Mei Jianzhong
Wang Chengzong
Zhang Fubiao
Ni Di
Gao Yong
Cao Huimin
Wei Baorong
Pan Ronggao
Gong Jianping
Li Bo
Aug. 17, 2006