Report for the Third Quarter of 2014 of Anhui Gujing Distillery Company Limited
ANHUI GUJING DISTILLERY COMPANY LIMITED
Report for the Third Quarter of 2014
October 2014
Report for the Third Quarter of 2014 of Anhui Gujing Distillery Company Limited
Section I. Important Reminders
The Board of Directors, the Supervisory Committee as well as all directors, supervisors and senior management
staff of Anhui Gujing Distillery Company Limited (hereinafter referred to as “the Company”) warrant that this
report is factual, accurate and complete without any false record, misleading statement or material omission. And
they shall be jointly and severally liable for that.
All directors attended the board session for reviewing this report.
Liang Jinhui, company principal, Ye Changqing, chief of the accounting work, and Zhu Jiafeng, chief of the
accounting organ (chief of accounting), hereby confirm that the Financial Report enclosed in this report is factual,
accurate and complete.
This report is prepared in both Chinese and English. Should there be any discrepancy between the two versions,
the Chinese version shall prevail.
Report for the Third Quarter of 2014 of Anhui Gujing Distillery Company Limited
Section II. Financial Highlights & Change of Shareholders
I. Major accounting data and financial indexes
Does the Company adjust retrospectively or restate accounting data of previous years due to change of the accounting policy or
correction of any accounting error?
□ Yes √ No
30 Sept. 2014 31 Dec. 2013 Increase/decrease (%)
Total assets (RMB Yuan) 6,202,917,271.60 5,816,934,562.27 6.64%
Net assets attributable to
shareholders of the Company 4,027,047,309.00 3,742,756,257.05 7.60%
(RMB Yuan)
YoY increase/decrease YoY increase/decrease
Jul.-Sept. 2014 Jan.-Sept. 2014
(%) (%)
Operating revenues (RMB Yuan) 1,138,494,721.85 8.83% 3,528,653,671.61 5.24%
Net profit attributable to
shareholders of the Company 102,551,395.80 -0.54% 460,357,593.38 -3.86%
(RMB Yuan)
Net profit attributable to
shareholders of the Company after
100,133,260.84 0.13% 449,461,430.33 -3.71%
extraordinary gains and losses
(RMB Yuan)
Net cash flows from operating
-- -- 249,629,976.75 -54.23%
activities (RMB Yuan)
Basic EPS (RMB Yuan/share) 0.20 0.00% 0.91 -4.21%
Diluted EPS (RMB Yuan/share) 0.20 0.00% 0.91 -4.21%
Weighted average ROE (%) 2.58% -0.33% 11.85% -1.88%
Items and amounts of extraordinary gains and losses
√Applicable □Inapplicable
Unit: RMB Yuan
Item Amount as of Jan.-Sept. 2014 Note
Gains/losses on the disposal of non-current assets (including the
-1,546,268.35
offset part of asset impairment provisions)
Non-operating incomes and expenses other than the above 16,074,485.75
Less: Income tax effects 3,632,054.35
Total 10,896,163.05 --
Explain the reasons if the Company classifies an item as an extraordinary gain/loss according to the definition in the Explanatory
Announcement No. 1 on Information Disclosure for Companies Offering Their Securities to the Public—Extraordinary Gains and
Report for the Third Quarter of 2014 of Anhui Gujing Distillery Company Limited
Losses, or classifies any extraordinary gain/loss item mentioned in the said explanatory announcement as a recurrent gain/loss item
□ Applicable √ Inapplicable
There was no such situation of the Company during the reporting period.
II. Total number of shareholders and shareholdings of the top ten shareholders at the
period-end
1. Total number of common shareholders and shareholdings of the top ten common shareholders at the
period-end
Unit: share
Total number of common
30,121
shareholders at the period-end
Shareholdings of the top ten common shareholders
Number of Pledged or frozen shares
Name of Nature of Shareholding Number of the
restricted shares
shareholder shareholder percentage (%) shares held Status of shares Number of shares
held
ANHUI GUJING
GROUP State-owned
53.89% 271,404,022 Pledged 114,000,000
COMPANY corporation
LIMITED
SPECIAL
ACCOUNT,
Domestic
AGREED TO
non-state-owned 2.98% 15,000,000
BUY BACK OF
corporation
GF SECURITIES
CO., LTD
UBS
Foreign
(LUXEMBOURG) 1.89% 9,498,809
corporation
S.A.
GREENWOODS
Foreign
CHINA ALPHA 1.84% 9,285,973
corporation
MASTER FUND
KGI ASIA Foreign
1.62% 8,159,684
LIMITED corporation
Foreign
NORGES BANK 1.12% 5,654,050
corporation
CMS (HK) Co., State-owned
0.78% 3,922,481
Ltd. corporation
ICBC-Zhonghai State-owned
0.74% 3,738,511
Energy Strategy corporation
Report for the Third Quarter of 2014 of Anhui Gujing Distillery Company Limited
Hybrid Securities
Investment Fund
GOLDEN CHINA Foreign
0.73% 3,678,234
MASTER FUND corporation
GUOTAI JUNAN
SECURITIES(HO Foreign
0.72% 3,633,555
NGKONG) corporation
LIMITED
Shareholdings of the top ten non-restricted common shareholders
Number of non-restricted common shares held at the Type of shares
Name of shareholder
period-end Type Number
ANHUI GUJING GROUP RMB ordinary
271,404,022 271,404,022
COMPANY LIMITED share
SPECIAL ACCOUNT, AGREED TO
RMB ordinary
BUY BACK OF GF SECURITIES 15,000,000 15,000,000
share
CO., LTD
Domestically
UBS (LUXEMBOURG) S.A. 9,498,809 listed foreign 9,498,809
share
Domestically
GREENWOODS CHINA ALPHA
9,285,973 listed foreign 9,285,973
MASTER FUND
share
Domestically
KGI ASIA LIMITED 8,159,684 listed foreign 8,159,684
share
Domestically
NORGES BANK 5,654,050 listed foreign 5,654,050
share
Domestically
CMS (HK) Co., Ltd. 3,922,481 listed foreign 3,922,481
share
ICBC-Zhonghai Energy Strategy RMB ordinary
3,738,511 3,738,511
Hybrid Securities Investment Fund share
Domestically
GOLDEN CHINA MASTER FUND 3,678,234 listed foreign 3,678,234
share
GUOTAI JUNAN Domestically
SECURITIES(HONGKONG) 3,633,555 listed foreign 3,633,555
LIMITED share
Explanation on associated Among the shareholders above, no affiliated relationship exists between the Company’s
Report for the Third Quarter of 2014 of Anhui Gujing Distillery Company Limited
relationship or persons acting in controlling shareholder—Anhui Gujing Group Company Limited—and other shareholders,
concert among the above-mentioned nor they are parties acting in concert as defined in the Administrative Measures on
shareholders: Information Disclosure of Changes in Shareholding of Listed Companies. As for other
shareholders, the Company does not know whether they are related parties or whether they
belong to parties acting in concert as defined in the Administrative Measures on Information
Disclosure of Changes in Shareholding of Listed Companies.
Top ten non-restricted common
shareholders taking part in margin
Inapplicable
financing and securities lending (if
any)
Did any of the top 10 common shareholders or the top 10 non-restricted common shareholders of the Company carry out any agreed
buy-back in the reporting period?
√ Yes □ No
The shareholder of the agreed buyback special account of GF Securities Co., Ltd. was Puning Xinhong Industrial Investment Co., Ltd.
The number of shares and the proportion involved in the agreed buy-tack at the beginning of the reporting period were the same with
those at the end of the reporting period, i.e. 15,000,000 shares, a stake of 2.98%.
2. Total number of preferred share holders and shareholdings of the top ten preferred share holders at the
period-end
□ Applicable √ Inapplicable
Section III. Significant Events
I. Major changes of main accounting statement items and financial indicators in the reporting
period, as well as reasons for the changes
√ Applicable □ Inapplicable
1. Notes receivable as at 30 Sept. 2014 stood at RMB 487,514,799.69, up 215.73% from the year-beginning amount, mainly because
customers used banker’s acceptance bills more often in payment.
2. Other receivables as at 30 Sept. 2014 stood at RMB 10,959,463.45, up 74.06% from the year-beginning amount, mainly because
security deposits in relation to advertising fees were paid.
3. Accounts received in advance as at 30 Sept. 2014 stood at RMB 309,044,496.73, up 109.87% from the year-beginning amount,
mainly because the sales orders increased during the Mid-autumn Festival.
4. Other payables as at 30 Sept. 2014 stood at RMB 635,199,178.12, up 69.88% from the year-beginning amount, mainly because the
security deposits received increased.
5. Other current liabilities as at 30 Sept. 2014 stood at RMB 812,523.79, down 73.90% from the year-beginning amount, mainly
because of the amortization of the asset-related government subsidy in the current period.
6. Administrative expenses for Jan.-Sept. 2014 stood at RMB 391,158,182.37, up 33.41% from the same period of last year, mainly
because the office, repair, sewage, material wastage, business travel and scientific research expense and the like increased.
7. Investment gains for Jan.-Sept. 2014 stood at RMB 80,655,048.58, up by 137.69 times from the same period of last year, mainly
Report for the Third Quarter of 2014 of Anhui Gujing Distillery Company Limited
because we received the interest on our mature bank wealth management products (principal-guaranteed with floating earnings) and
disposed our shareholdings in Shanghai Lipeng.
II. Progress and influence of significant events, as well as the analysis and explanation on
solutions
√ Applicable □ Inapplicable
The investment project of the raised funds of the Company had basically completed and in order to improve the service efficiency of
the raised funds and decrease the financial costs, the Company permanent supplemented the circulating funds with surplus raised
funds and interest of RMB 145,806,600 and kept the accrued contract accounts and the quality retention money which added up to
RMB 172,043,000 in the raised funds account and paid according to the contract. See details to the Announcement on Permanent
Supplementing the Circulating Funds with Surplus Raised Funds (No. 2014-005) disclosed on http://www.cninfo.com.cn on 28 Jan.
2014.
Index to the relevant announcement
Overview of the significant event Date of disclosure
disclosed on the website
Announcement on Permanent
Supplementing the Circulating Funds with 28 Jan. 2014 http://www.cninfo.com.cn
Surplus Raised Funds
III. Commitments made by the Company or shareholders holding over 5% of the Company’s
shares in the reporting period or such commitments carried down into the reporting period
□ Applicable √ Inapplicable
No such commitments in the reporting period.
IV. Predict the 2014 annual operating results
Warnings of possible loss or large-margin change of the accumulated net profit made during the period from the beginning of the
year to the end of the next reporting period compared with the same period of the last year according to prediction, as well as
explanations on the reasons
□Applicable √Inapplicable
V. Securities investment
√ Applicable □ Inapplicable
Sharehold Sharehold Gain/loss
Initial Number Number Closing
ing ing in
investmen of shares of shares book
Variety of Code of Name of percentag percentag reporting Accounti Source of
t cost held at held at value
securities securities securities e at e at period ng title stock
(RMB period-be period-en (RMB
period-be period-en (RMB
Yuan) ginning d Yuan)
ginning d Yuan)
Stock 000001 Ping An 17,080,74 0 0.00% 1,602,800 0.14% 16,252,39 Available
Report for the Third Quarter of 2014 of Anhui Gujing Distillery Company Limited
Bank 0.10 2.00 -for-sale
financial
assets