深圳市深宝实业股份有限公司 2014 年年度报告全文
深圳市深宝实业股份有限公司
SHENZHEN SHENBAO INDUSTRIAL CO.,LTD.
ANNUAL REPORT 2014
April 2015
深圳市深宝实业股份有限公司 2014 年年度报告全文
Section I. Important Notice, Contents and Paraphrase
Board of Directors, Supervisory Committee, all directors, supervisors and senior executives of
Shenzhen Shenbao Industrial Co., Ltd. (hereinafter referred to as the Company) hereby
confirm that there are no any fictitious statements, misleading statements, or important
omissions carried in this report, and shall take all responsibilities, individual and/or joint, for
the reality, accuracy and completion of the whole contents.
All Directors are attended the Board Meeting for deliberation of this Report.
The Company has no plan of cash dividends carried out, bonus issued and capitalizing of
common reserves either.
Chairman of the Company Mr. Zheng Yuxi, General Manager Mr. Yan Zesong, CFO Ms.
Wang Zhiping and Manager of financial management dept. Mr. Xu Qiming declares that the
financial report in this Annual Report is authentic, accurate and complete.
Concerning the forward-looking statements with future planning involved in the Report, they
do not constitute a substantial commitment for investors, Securities Times, China Securities
Journal, Hong Kong Commercial Daily and Juchao Website (www.cninfo.com.cn) are the
media appointed by the Company for information disclosure, all information of the Company
disclosed in the above mentioned media should prevail. Investors are advised to exercise
caution of investment risks.
This report has been prepared in Chinese and English version respectively. In the event of
difference in interpretation between the two versions, Chinese report shall prevail.
深圳市深宝实业股份有限公司 2014 年年度报告全文
Contents
Section I. Important Notice, Contents and Paraphrase ........................................................................ 2
Section II Company profile .................................................................................................................. 7
Section III. Accounting data and summary of financial indexes ......................................................... 9
Section IV. Report of the Board of Directors ..................................................................................... 12
Section VIII. Corporate governance .................................................................................................. 72
Section X. Financial Report ............................................................................................................... 81
VII. Change of consolidation scope ................................................................................................. 179
(I) Enterprise combine under different control ................................................................................ 179
1. Enterprise combines under different control in the Period .......................................................... 179
Section XI. Documents available for Reference .............................................................................. 201
深圳市深宝实业股份有限公司 2014 年年度报告全文
Paraphrase
Items Refers to Contents
Shenshenbao/the Company/Listed
Refers to Shenzhen Shenbao Industrial Co., Ltd
Company
Shenzhen Shenbao Huacheng Science and Technology
Shenbao Huacheng Refers to
Co.,Ltd
Wuyuan Jufangyong Refers to Jufangyong Tea Industry Co., Ltd. in Wuyuan County
Hangzhou Ju Fang Yong Refers to Hangzhou Ju Fang Yong Holding Co., Ltd.
Shenbao Yuxing Refers to Fujian Mount Wuyi Shenbao Yuxing Tea Co., Ltd.
Shen Shenbao Huafa Refers to Zhejiang Shen Shenbao Huafa Tea Co., Ltd.
Shenbao Technology Center Refers to Shenzhen Shenbao Technology Center Co., Ltd.
Huizhou Shenbao Science & Technology Refers to Huizhou Shenbao Science & Technology Co., Ltd.
Shenzhen Shenbao Sanjing Food & Beverage Development
Shenbao Sanjing Refers to
Co., Ltd
Shenbao Industrial & Trading Refers to Shenzhen Shenbao Industrial & Trading Co., Ltd.
Shenbao Properties Refers to Shenzhen Shenbao Properties Management Co., Ltd.
Shenshenbao Investment Refers to Shenzhen Shenshenbao Investment Co., Ltd.
Fuhaitang Ecological Refers to Fuhaitang Tea Ecological Technology Co., Ltd.
Chunshi Network Refers to Hangzhou Chunshi Network Technology Co.,Ltd.
Yuxing Company Refers to Fujian Wuyishan Yuxing Tea Co., Ltd.
Zhejiang Huafa Refers to Zhejiang Huafa Tea Co., Ltd.
Changzhou Sanjing Refers to Changzhou Sanjing Grease Co., Ltd
Shenshenbao Tea Culture Refers to Shenzhen Shenshenbao Tea Culture Business Management
Co., Ltd.
Pu‘er Tea Trading Center Refers to Yunnan Pu‘er Tea Trading Center Co., Ltd.
Agricultural Products Refers to Shenzhen Agricultural Products Co., Ltd
Shenzhen Investment Holding Refers to Shenzhen Investment Holding Co., Ltd
Tianzhong Investment Refers to Shenzhen Tianzhong Investment Co., Ltd.
Shenzhen Municipal People‘s Government State-owned
Shenzhen SASAC Refers to
Assets Supervision & Administration Commission
CBC Refers to Shenzhen China Bicycle Company (Holdings) Limited
CSRC Refers to China Securities Regulation Commission
SSE Refers to Shenzhen Stock Exchange
Dahua CPA Refers to Dahua Certified Public Accountants (LLP)
Article of Association of Shenzhen Shenbao Industrial Co.,
Article of Association Refers to
Ltd
深圳市深宝实业股份有限公司 2014 年年度报告全文
RMB/10 thousand Yuan Refers to CNY/ten thousand Yuan
深圳市深宝实业股份有限公司 2014 年年度报告全文
Major risks warning
The Company has analyzed the risk factors that the company may exist and its
countermeasures in the report, investors are advised to pay attention to read
“Prospect for future development of the Company” in the report of Section
IV-Report of the Board of Directors.
深圳市深宝实业股份有限公司 2014 年年度报告全文
Section II Company profile
I. Company information
SHENSHENBAO-A,
Short form of the stock Stock code 000019, 200019
SHENSHENBAO-B
Stock exchange for listing Shenzhen Stock Exchange
Name of the Company (in
深圳市深宝实业股份有限公司
Chinese)
Short form of the
深宝
Company (in Chinese)
Foreign name of the
SHENZHEN SHENBAO INDUSTRIAL CO.,LTD.
Company(if applicable)
Short form of foreign
name of the Company(if SBSY
applicable)
Legal representative Mr. Zheng Yuxi
South, 20F/Tower Building, Education and Technology Mansion, Zhuzilin, Futian
Registrations add.
Zone, Shenzhen
Code for registrations add 518040
8/F, Tower-B, Building 4, Technology Park Nanshan Software Base, Nanshan
Offices add.
District, Shenzhen
Codes for office add. 518057
Company‘s Internet Web
http://www.sbsy.com.cn
Site
E-mail shenbao@sbsy.com.cn
II. Person/Way to contact
Secretary of the Board Rep. of security affairs
Name Li Yiyan Huang Bingxia
8/F, Tower-B, Building 4, 8/F, Tower-B, Building 4,
Contact add. Technology Park Nanshan Software Technology Park Nanshan Software
Base, Nanshan District, Shenzhen Base, Nanshan District, Shenzhen
Tel. 0755-82027522 0755-82027522
Fax. 0755-82027522 0755-82027522
E-mail lyy@sbsy.com.cn huangbx@sbsy.com.cn
深圳市深宝实业股份有限公司 2014 年年度报告全文
III. Information disclosure and preparation place
Newspaper appointed for information Securities Times; China Securities Journal and Hong Kong
disclosure Commercial Daily
Website for annual report publish appointed
http://www.cninfo.com.cn
by CSRC
Preparation place for annual report Office of the Board of Directors
IV. Registration changes of the Company
Place for Registration No.
No. of taxation
Date for registration registratio for enterprise legal Organization code
registration
n license
Initial registration 1981-07-30 Shenzhen 192180754-4 440301192180754 19218075-4
Registration at
end of report 2014-10-09 Shenzhen 440301103223954 440301192180754 19218075-4
period
Changes of main business since listing
No changes
(if applicable)
On 10 September 1999, Shenzhen Investment Management Co., Ltd.
entered into the ―Equity Transfer Agreement of Shenzhen Shenbao
Industrial Co., Ltd.‖ with Agricultural Products for 58,347,695 shares of
Previous changes for controlling the Company (35% in total shares of the Company) transfer to
shareholders (if applicable) Agricultural Products with price of RMB 1.95 per share. Agricultural
Products comes to the first majority shareholder of the Company after
transfer and procedures for the above equity transfer has completed in
June of 2003.
V. Other relevant information
CPA engaged by the Company
Name of CPA Dahua Certified Public Accountants (LLP)
Offices add. for CPA 11/F, Block B, Union Square, No. 5022, Binhe Blv, Futian District, Shenzhen
Signing Accountants Liu Yaohui, Gong Chenyan
Sponsor engaged by the Company for performing continuous supervision duties in reporting period
□Applicable √ Not applicable
Financial consultant engaged by the Company for performing continuous supervision duties in reporting period
□Applicable √ Not applicable
深圳市深宝实业股份有限公司 2014 年年度报告全文
Section III. Accounting data and summary of financial indexes
I. Main accounting data and financial indexes
Whether it has retroactive adjustment or re-statement on previous accounting data for accounting policy changed
and accounting error correction or not
√ Yes □ No
Changes
2013 over last
2014 year
Before the After the Before the After the
After the adjustment
adjustment adjustment adjustment adjustment
Operating
income 368,121,399.84 438,318,662.25 438,318,662.25 -16.02% 310,790,324.70 310,790,324.70
(RMB)
Net profit
attributable to
shareholders
13,323,820.43 43,662,208.27 43,662,208.27 -69.48% 74,529,471.28 74,529,471.28
of the listed
company(RM
B)
Net profit
attributable to
shareholders
of the listed
company after 4,369,025.76 -32,398,173.16 -32,398,173.16 113.49% -33,778,384.16 -33,778,384.16
deducting
non-recurring
gains and
losses(RMB)
Net cash flow
arising from
operating 25,443,112.45 -11,917,839.62 -26,029,349.63 197.75% -48,434,558.23 -48,077,408.23
activities(RM
B)
Basic
earnings per
0.044 0.174 0.145 -69.66% 0.297 0.248
share
(RMB/Share)
深圳市深宝实业股份有限公司 2014 年年度报告全文
Diluted
earnings per
0.044 0.174 0.145 -69.66% 0.297 0.248
share
(RMB/Share)
Weighted
1.38% 4.52% 4.52% -3.14% 8.04% 8.04%
average ROE
Changes
End of 2013 over end End of 2012
End of 2014 of last year
Before the After the Before the After the
After the adjustment
adjustment adjustment adjustment adjustment
Total assets
1,154,612,267.59 1,336,638,587.42 1,126,831,157.86 2.47% 1,222,994,595.75 1,092,070,009.90
(RMB)
Net assets
attributable to
shareholder of
970,878,218.93 960,517,069.55 960,517,069.55 1.08% 964,216,674.18 964,216,674.18
listed
company
(RMB)
II. Difference of the accounting data under accounting rules in and out of China
1. Difference of the net profit and net assets attributable to shareholders of parent company
disclosed in financial report, under both IAS (International Accounting Standards) and
Chinese GAAP (Generally Accepted Accounting Principles)
√Applicable □Not applicable
In RMB
Net profit attributable to shareholders of Net assets attributable to shareholders of
listed company listed company
Amount in this Amount at Amount at
Amount in last period
period period-end period-begin
Chinese GAAP 13,323,820.43 43,662,208.27 970,878,218.93 960,517,069.55
Items and amount adjusted by IAS
1.Adjustment for cost of
transfer of equity of 254,239.51
Shenzhen Pepsi
2.Adjustment for other
payable fund of stock 1,067,000.00 1,067,000.00
market regulation
IAS 13,323,820.43 43,916,447.78 971,945,218.93 961,584,069.55
深圳市深宝实业股份有限公司 2014 年年度报告全文
III. Items and amounts of extraordinary profit (gains)/loss
√Applicable □Not applicable
In RMB
Amount in Amount in Amount in
Item
2014 2013
Gains/losses from the disposal of non-current asset (including the
2,761,632.33 68,194,019.57 103,325,804.23
write-off that accrued for impairment of assets)
Governmental subsidy reckoned into current gains/losses (not
including the subsidy enjoyed in quota or ration according to
6,439,620.12 8,578,084.78 3,250,145.75
national standards, which are closely relevant to enterprise‘s
business)
Gains and losses from change of fair values of held-for-transaction
financial assets and financial liabilities except for the effective
hedge business related to normal business of the Company, and 642,447.39 73,048.00 2,416,674.15
investment income from disposal of transactional financial assets
and liabilities and financial assets available for sale
Other non-operating income and expenditure except for the
287,626.02 11,482,996.33 -197,762.37
aforementioned items
Less: impact on income tax 1,141,648.12 12,268,048.40 486,348.75
Impact on minority shareholders‘ equity (post-tax) 34,883.07 -281.15 657.57
Total 8,954,794.67 76,060,381.43 108,307,855.44
深圳市深宝实业股份有限公司 2014 年年度报告全文
Section IV. Report of the Board of Directors
I. Introduction
In 2014, the market demand for the retail sales of consumer goods has declined, and the market
competition of food and beverage industry was fierce increasingly. The company‘s board of
directors and operating management have
