1、FIYTA HOLDINGS LTD.2016 THIRD QUARTERLY REPORT,TEXT 1 Stock Code:000026 200026 Short Form of Stock:FIYTA A,FIYTA B Announcement No:2016-038 FIYTA Holdings Ltd.2016 Third Quarterly Report,Text FIYTA HOLDINGS LTD.2016 THIRD QUARTERLY REPORT,TEXT 2 Section 1 Important Notes The Board of Directors,the S
2、upervisory Committee,directors,supervisors and senior executives hereby individually and collectively accept responsibility for the correctness,accuracy and completeness of the contents of this Quarterly Report and confirm that there are neither material omissions nor errors which would render any s
3、tatement misleading.All the directors attended the board meeting for reviewing the Quarterly Report.Mr.Xu Dongsheng,the Company leader,Mr.Chen Zhuo,chief financial officer,and Mr.Tian Hui,the manager of the accounting department(treasurer)hereby confirm the authenticity,accuracy and completeness of
4、the financial report enclosed in this Quarterly Report.FIYTA HOLDINGS LTD.2016 THIRD QUARTERLY REPORT,TEXT 3 Section 2 Financial Summary and Change of Shareholders I.Key Accounting Data and Financial Indicators Have the accounting data of the previous year undergone retroactive adjustment or restate
5、ment due to the change of accounting policy and/or correction of accounting errors,etc.?No End of the reporting period End of the previous year Increase/decrease of the end of the Reporting Period vs the end of the previous year Total assets,in CNY 3,990,719,087.18 4,246,670,045.02-6.03%Net assets a
6、ttributable to the Company s shareholders,in CNY 2,372,769,004.61 2,299,215,650.21 3.20%Reporting period Increase/decrease of the Reporting Period vs the same period of the previous year from year beginning to the end of the Reporting Period Increase/decrease of the reporting period vs the same peri
7、od of the previous year(%)Operating revenue,in CNY 754,607,535.18-3.76%2,234,135,318.36-9.47%Net profit attributable to the Company s shareholders,in CNY 47,988,842.36 43.23%108,321,268.16 1.60%Net profit attributable to the Company s shareholders less the non-recurring items,in CNY 47,744,294.43 52
8、.19%107,356,110.63 3.90%Net cash flows arising from operating activities,in CNY-291,041,032.07 12.27%Basic earning per share(CNY/share)0.1090 27.78%0.2469-9.03%Diluted earning per share(CNY/share)0.1090 27.78%0.2469-9.03%Net assets-income ratio,weighted average 0.02%3.18%0.05%-26.97%In CNY FIYTA HOL
9、DINGS LTD.2016 THIRD QUARTERLY REPORT,TEXT 4 Items From year beginning to the end of the reporting period Notes Gain and loss from disposal of non-current assets,including the part offset with the provision for impairment of assets-227,443.75 Gain/Loss from disposal of partial obsolete office fixed
10、assets in the reporting period Government subsidy recognized in current gain and loss(excluding those closely related to the Company s business and granted under the state s policies according to certain quota of amount or volume)1,296,015.95 Government subsidy counted to the current gain and loss I
11、ncome and expenses from the business other than the above items 150,960.07 Other various non-operating revenue and expenditure Less:Amount affected by the income tax 254,374.74 Total 965,157.53-For the Company s non-recurring gain/loss items as defined in the Explanatory Announcement No.1 on Informa
12、tion Disclosure for Companies Offering their Securities to the Public Non-recurring Gains and Losses and its non-recurring gain/loss items as illustrated in the Explanatory Announcement No.1 on Information Disclosure for Companies Offering their Securities to the Public Non-recurring Gains and Losse
13、s which have been defined as recurring gains and losses,it is necessary to explain the reason.Inapplicable II.Total Shareholders and Shares Held by Top Ten Shareholders at the End of the Reporting Period 1.Statement of Total Shareholders of Common Shares and the Referred Shares with the Voting Power
14、 Recovered and the Shares Held by Top Ten Shareholders In shares Total shareholders of common shares at the end of the reporting period 38,418 Total shareholders of preferred shares with voting power recovered(if any)0 Shares held by the Top Ten Common Shareholders Shareholders Names Nature of Share
15、holders Proportion of shares held Number of shares held Number of restricted shares held Pledged or frozen Status of the shares Q ty AVIC International Holdings Limited State corporate shareholder 37.15%162,977,327 0 FIYTA HOLDINGS LTD.2016 THIRD QUARTERLY REPORT,TEXT 5 Golden Eagle-Minsheng Bank-Go
16、lden Eagle-Wens Junye Flexible Configuration No.3 Assets Management Plan Domestic non-state corporate shareholder 2.08%9,131,232 4,674,329 Manulife Teda Fund Minsheng Bank-Manulife Teda Value Growth Oriented additional issuance No.351 Asset Management Plan Domestic non-state corporate shareholder 2.
17、07%9,093,259 9,093,259 Sws Mu Assets-China Merchants Bank China Resources Szitic Trust Ruihua Fixed Growth Hedge Fund No.2 Assembled Funds Trust Plan Domestic non-state corporate shareholder 1.92%8,429,118 8,429,118 Tibet Autonomous Region Investment Co.,Ltd.State corporate shareholder 1.13%4,976,55
18、1 4,976,551 FIYTA HOLDINGS LTD.2016 THIRD QUARTERLY REPORT,TEXT 6 Manulife Teda Fund ICBC Manulife Teda International Trade Orient Dingzengbao No.1 Assets Management Plan Domestic non-state corporate shareholder 1.04%4,546,630 4,546,630 Dai Wen Domestic natural person 0.46%2,009,321 0 Essence Intern
19、ational Securities(Hong Kong)Limited Overseas corporate 0.46%2,000,000 0 Manulife Teda Fund ICBC FORTUNE Securities Co.,Ltd.Domestic non-state corporate shareholder 0.38%1,667,097 1,667,097 China MerchantsSecurities(HK)Co.,Limited Overseas corporate 0.30%1,316,969 0 Shareholding of the Top 10 Shareh
20、olders of Non-restricted Shares Shareholder s Name Quantity of Non-restricted Shares Held Share type Share type Quantity AVIC International Holdings Limited 162,977,327 A-shares 162,977,327 Golden Eagle-Minsheng Bank-Golden Eagle-Wens Junye Flexible Configuration No.3 Assets Management Plan 4,456,90
21、3 A-shares 4,456,903 Dai Wen 2,009,321 A-shares 2,009,321 Essence International Securities(Hong Kong)Limited 2,000,000 B-shares 2,000,000 China Merchants Securities(HK)Co.,Limited 1,316,969 B-shares 1,316,969 Vanguard Investment Australia Ltd.-Vanguard Emerging Markets Stock Index Fund(VEIEX)1,190,4
22、85 A-shares 1,190,485 Li Zengjie 1,181,800 A-shares 1,181,800 FIYTA HOLDINGS LTD.2016 THIRD QUARTERLY REPORT,TEXT 7 China Merchants Securities 1,174,000 A-shares 1,174,000 Liu Caixiang 1,135,200 A-shares 1,135,200 Hu Yongtian 891,400 A-shares 891,400 Note to the associated relationship or consistent
23、 action among the aforesaid shareholders Among the top 10 shareholders,China Merchants Securities(HK)Co.,Limited is a wholly-owned subsidiary of China Merchants Securities Co.,Limited and the two are persons acting in concert,and all the 2,490,969 shares held by them are outstanding shares,taking 0.
24、57%of the Company s total shares.Note to the top 10 shareholders of common shares involved in margin financing&securities lending(if any)Inapplicable Was any of the top 10 shareholders of commons shares or any of the top 10 shareholders of non-restricted commons shares involved in any contractual re
25、purchase trade?No.2.Total shareholders of preferred shares and statement of shareholding by the top 10 shareholders of preferred shares Inapplicable FIYTA HOLDINGS LTD.2016 THIRD QUARTERLY REPORT,TEXT 8 Section 3 Significant Events I.Changes in Items of the Major Accounting Statements and Financial
26、Indicators and the Causes during the Reporting Period I.Items in Balance Sheet Items Ending balance Opening balance Change rate(%)Cause of Change Notes receivable 4,812,452.93 7,197,788.08-33.14%It mainly refers to that the notes receivable were due at the beginning of the year and the payment conce
27、rned was recovered.Prepayments 34,068,040.16 48,869,563.60-30.29%It mainly refers to that the partial advance payment for goods got settled ended the reporting period.Other non-current assets 13,347,286.42 5,118,833.65 160.75%Ended the reporting period,the advance payment for long term assets increa
28、sed in comparision with year beginning Accounts payable 63,383,403.37 155,939,686.54-59.35%Trad accounts payable during the reporting period decreased over the beginning of the year.Remuneration payable to the employees 25,719,412.15 39,396,747.95-34.72%It mainly referred to that the year-end bonus
29、payable to employees for year 2015 was paid at the beginning of 2016.Interest payable 1,435,529.64 19,211,630.02-92.53%It mainly refers to the interest of“12 YADA BOND”for year 2015 payable at the beginning of the year was already paid at the beginning of 2016.Non-current liabilities due within a ye
30、ar 17,210,000.00 108,914,000.00-84.20%The long term bank loan due within a year increased over the beginning of the year.Other current liabilities 10,431,342.62 1,988,252.38 424.65%Expenses provided at the end of the reporting period increased over the beginning of the reporting period.Long term bor
31、rowings 125,838,844.52 90,994,964.33 38.29%Specific project loan for Guangming New Zone Watch Industrial Base during the reporting period increased over the beginning of the year.FIYTA HOLDINGS LTD.2016 THIRD QUARTERLY REPORT,TEXT 9 Bonds payable-399,823,760.28-100.00%“12 YADA Bond”was redeemed on F
32、ebruary 29,2016 Other comprehensive income-8,038,615.37-17,145,189.71-53.11%The translation reserve as at the end of the reporting period increased over the beginning of the reporting period.II.Items in Profit Statement Items Reporting period Same Period of the Previous Year Change rate(%)Cause of C
33、hange Loss from impairment of assets 1,909,350.83 797,169.61 139.52%Reserve for bad debt of accounts receivable provided during the reporting period increased over the same period of the previous year.Non-operating income 442,044.51 2,842,638.40-84.45%The government subsidy received during the repor
34、ting period decreased over the same period of the previous year.Non-operating expenses 95,903.50 33,411.19 187.04%Loss from scrapped non-current assets during the reporting period increased over the same period of the previous year.Total profit 63,596,712.02 43,982,574.31 44.60%The gross interest ra
35、te increased stimulated by downsizing inefficient shops,strict control over expenditures,adjustment of income structure,etc.and the overall earning power increased to some extent.Income tax expenses 15,748,647.67 10,202,545.06 54.36%It was mainly due to increase of the total profit during the report
36、ing period.III.Cash Flow Statement Items Items From year beginning to the end of the Reporting Period Same Period of the Previous Year Change rate(%)Cause of Change Net amount of cash received from disposal of fixed assets,intangible assets and other long term assets 4,142,748.05 196,417.11 2009.16%
37、It mainly refers to disposal of partial inefficient fixed assets during the reporting period FIYTA HOLDINGS LTD.2016 THIRD QUARTERLY REPORT,TEXT 10 Cash received from borrowings 865,749,959.13 1,560,609,499.90-44.52%Bank loan during the reporting period decreased over the same period of the previous
38、 year.Other fund-raising related cash payments 992,669.19 151,274,743.60-99.34%It mainly refers to the borrowing returned to AVIC International Holdings amounting to CNY 150 million in the same period of the previous year.II.Progress of Significant Events and their Influences and Notes to Analysis o
39、n Solutions 1.About Non-public Issuing of A-shares The 18th meeting of the Seventh Board of Directors held on April 16,2015 reviewed and approved the Proposal on the Plan for Non-public Issuing of A-shares to the Specified Investors and other relevant proposal(s).For the detail,refer to the Announce
40、ment on the Resolutions of the 18th Meeting of the Seventh Board of Directors.2015-008;On June 2,2015,the Company received the Official Reply to some Issues concerning Non-public Issuing of A-shares by FIYTA Holdings Ltd.(GUO ZI CHAN QUAN 2015 No.415 from the State-owned Assets Supervision and Admin
41、istration Commission of the State Council.For the detail,refer to the Announcement on the Official Reply of the State-owned Assets Supervision and Administration Commission of the State Council to some Issues concerning Non-public Issuing 2015-08 disclosed on Securities Times,Hong Kong Commercial Da
42、ily and.2014 Annual General Meeting held on June 17,2015 reviewed and approved the Proposal on the Plan for Non-public Issuing of A-shares to the Specified Investors and other relevant proposals,for the detail,refer to the Announcement on the Resolution of 2014 Annual General Meeting 2015-020 disclo
43、sed on Securities Times,Hong Kong Commercial Daily and.On July 1,2015,the Company received the Notice of China Securities Regulatory Commission on Accepting the Application for Administrative Licensing issued by China Securities Regulatory Commission(CSRC)(No.152013).For the detail,refer to the Anno
44、uncement on Accepting Application for Non-public Issuing of A-shares by China Securities Regulatory Commission 2015-021 disclosed on Securities Times,Hong Kong Commercial Daily and;On September 8,2015,the Company received the Notice on the Feedback Opinions of China Securities Regulatory Commission
45、on Examination of the Administrative Licensing Project(No.152013).For the detail,refer to the Announcement on the Receiving of the Notice on the Feedback Opinions of China Securities Regulatory Commission on Examination of the Administrative Licensing Project 2015-034 disclosed on Securities Times,H
46、ong Kong Commercial Daily and;The Company and the relevant intermediary carefully studied and implemented the Feedback Opinions,supplemented the materials and submitted reply to the questions according to the requirements of the Feedback Opinions.For the detail,refer to the Announcement on the Reply
47、 to the Feedback Opinions on the Application for Non-public Issuing of A-shares 2015-035,disclosed on Securities Times,Hong Kong Commercial Daily and;The 17th meeting of the Seventh Board of Directors and 2014 Annual General Meeting reviewed and approved the Profit FIYTA HOLDINGS LTD.2016 THIRD QUAR
48、TERLY REPORT,TEXT 11 Distribution Plan for Year 2014.According to the relevant provisions of the Rules for Implementation on Non-public Issuing of Listed Companies,etc.,if the Company had ex-rights/ex-dividend events such as dividend distribution,bonus shares distribution,conversion of capital reser
49、ve into share capital,etc.,during the period from the pricing benchmark to the issuing day,the issuing price would be adjusted correspondingly.Within the authorization by the Board of Directors,the Company made adjustment of the plan of the non-public issuing of A-shares.For the detail,refer to the
50、Announcement on Adjustment of the Issuing Price and Issuing Volume of the A-shares to be Issued in a Non-public Way 2015-036,disclosed on Securities Times,Hong Kong Commercial Daily and.In compliance with the Feedback Opinions,the Company disclosed the Announcement on the Indication of Risk of Dilut
