深圳深宝实业股份有限公司 2016 年半年度报告全文
深圳深宝实业股份有限公司
SHENZHEN SHENBAO INDUSTRIAL CO., LTD.
SEMI-ANNUAL REPORT 2016
August 2016
深圳深宝实业股份有限公司 2016 年半年度报告全文
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 plans of cash dividend distributed, no bonus shares and has no share
converted from capital reserve either.
Chairman of the Company Mr. Zheng Yuxi, General Manager Mr. Yan Zesong, Chief Financial
Officer Ms. Wang Zhiping and Financial Management Department Manager Mr. Xu Qiming hereby
confirm that the Financial Report of Semi-Annual Report 2016 is authentic, accurate and complete.
Concerning the forward-looking statements with future planning involved in the semi-annual 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.
深圳深宝实业股份有限公司 2016 年半年度报告全文
Content
Section I. Important Notice, Contents and Paraphrase ................................................. 2
Section II Company profile ........................................................................................... 5
Section III. Accounting data and summary of financial indexes .................................. 7
Section IV. Report of the Board of Directors ................................................................ 9
Section V. Important Events ........................................................................................ 16
Section VI. Changes in Shares and Particulars about Shareholders ........................... 19
Section VII. Directors, Supervisors and Senior Executives ........................................ 23
Section VIII. Financial Report .................................................................................... 24
Section IX. Documents available for Reference ....................................................... 127
深圳深宝实业股份有限公司 2016 年半年度报告全文
Paraphrase
Items Refers to Contents
Shenshenbao/Shenbao Company/ Listed
Refers to Shenzhen Shenbao Industrial Co., Ltd
Company /the Company/
Shenbao Huacheng Refers to Shenzhen Shenbao Huacheng Science and Technology Co.,Ltd
Wuyuan Ju Fang Yong Refers to Wuyuan County Ju Fang Yong Tea Industry Co., Ltd.
Hangzhou Ju Fang Yong Refers to Hangzhou Ju Fang Yong Holding 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.
Shenbao Sanjing Refers to Shenzhen Shenbao Sanjing Food & Beverage Development 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.
Shenbao Yuxing Refers to Fujian Mount Wuyi Shenbao Yuxing Tea Co., Ltd.
Fuhaitang Ecological Refers to Fuhaitang Tea Ecological Technology Co., Ltd.
Chunshi Network Refers to Hangzhou Chunshi Network Technology Co.,Ltd.
Shenshenbao Tea Culture Refers to Shenzhen Shenshenbao Tea Culture Management Co., Ltd.
Pu’er Tea Trading Center Refers to Yunnan Pu’er Tea Trading Center Co., Ltd.
Pu’er Supply Chain Refers to Yunnan Shenbao Pu’er Supply Chain Management Co., Ltd.
Jufangyong Trading Refers to Hangzhou Jufangyong Trading Co., Ltd
Agricultural Products Refers to Shenzhen Agricultural Products Co., Ltd
Shenzhen Investment Holding Refers to Shenzhen Investment Holding Co., Ltd
Shenzhen Municipal People’s Government State-owned Assets
Shenzhen SASAC Refers to
Supervision & Administration Commission
CBC Refers to Shenzhen China Bicycle Company (Holdings) Limited
CSRC Refers to China Securities Regulation Commission
Article of Association Refers to Article of Association of Shenzhen Shenbao Industrial Co., Ltd
RMB/10 thousand Yuan Refers to CNY/ten thousand Yuan
深圳深宝实业股份有限公司 2016 年半年度报告全文
Section II Company profile
I. Company information
Short form for share SHENSHENBAO-A, SHENSHENBAO-B Stock code 000019, 200019
Listing stock exchange Shenzhen Stock Exchange
Chinese name of the Company 深圳深宝实业股份有限公司
Abbr. of Chinese name of the
深宝
Company(if applicable)
English name of the
SHENZHEN SHENBAO INDUSTRIAL CO.,LTD.
Company(if applicable)
Abbr. of English name of the
SBSY
Company(if applicable)
Legal Representative Zheng Yuxi
II. Person/Way to contact
Secretary of the Board Rep. of security affairs
Name Li Yiyan Huang Bingxia
8/F, Tower-B, Building 4, Software 8/F, Tower-B, Building 4, Software
Industry Base, Science & Technology Park Industry Base, Science & Technology Park
Contact add.
(South), Xuefu Road, Nanshan District, (South), Xuefu Road, Nanshan District,
Shenzhen Shenzhen
Tel. 0755-82027522 0755-82027522
Fax. 0755-82027522 0755-82027522
E-mail lyy@sbsy.com.cn huangbx@sbsy.com.cn
III. Others
1. Way of contact
Whether registrations address, offices address and codes as well as website and email of the Company changed in
reporting period or not
□ Applicable √ Not applicable
Registrations address, offices address and codes as well as website and email of the Company has no change in
reporting period, found more details in Annual Report 2015
深圳深宝实业股份有限公司 2016 年半年度报告全文
2. Information disclosure and preparation place
Whether information disclosure and preparation place changed in reporting period or not
□ Applicable √ Not applicable
The newspaper appointed for information disclosure, website for semi-annual report publish appointed by CSRC
and preparation place for semi-annual report have no change in reporting period, found more details in Annual
Report 2015
3. Registration changes of the Company
Whether registration has changed in reporting period or not
□ Applicable √ Not applicable
Date/place for registration of the Company, registration number for enterprise legal license, number of taxation
registration and organization code have no change in reporting period, found more details in Annual Report 2015
深圳深宝实业股份有限公司 2016 年半年度报告全文
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
Increase/decrease in
Current period Same period of last year
this report y-o-y
Operating revenue (RMB) 149,155,529.71 163,356,143.27 -8.69%
Net profit attributable to shareholders of the listed
-15,099,180.63 5,317,533.95 -383.95%
company(RMB)
Net profit attributable to shareholders of the listed
company after deducting non-recurring gains and -20,333,457.37 -2,504,499.15 -711.88%
losses(RMB)
Net cash flow arising from operating
31,597,947.36 21,913,616.18 44.19%
activities(RMB)
Basic earnings per share (RMB/Share) -0.0334 0.0118 -383.05%
Diluted earnings per share (RMB/Share) -0.0334 0.0118 -383.05%
Weighted average ROE -1.63% 0.55% -2.18%
Increase/decrease in
this report-end over
End of current period End of last period
that of last
period-end
Total assets (RMB) 1,047,312,328.49 1,060,458,757.46 -1.24%
Net assets attributable to shareholder of listed
920,523,179.31 935,622,280.75 -1.61%
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 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
listed company company
深圳深宝实业股份有限公司 2016 年半年度报告全文
Amount in last Amount at
Amount in this period Amount at period-end
period period-begin
Chinese GAAP -15,099,180.63 5,317,533.95 920,523,179.31 935,622,280.75
Items and amount adjusted by IAS
Adjustment for other payable fund of
0 0 1,067,000.00 1,067,000.00
stock market regulation
IAS -15,099,180.63 5,317,533.95 921,590,179.31 936,689,280.75
III. Items and amounts of extraordinary profit (gains)/loss
√ Applicable □ Not applicable
In RMB
Item Amount Note
Gains/losses from the disposal of non-current asset (including the write-off that
-6,410.81
accrued for impairment of assets)
Governmental subsidy reckoned into current gains/losses (not including the subsidy
enjoyed in quota or ration according to national standards, which are closely relevant 1,876,962.20
to enterprise’s business)
Profit and loss of assets delegation on others’ investment or management 665,169.36
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
-848,856.19
business of the Company, and 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 aforementioned items 3,976,775.16
Less: impact on income tax 304,198.28
Impact on minority shareholders’ equity (post-tax) 125,164.70
Total 5,234,276.74 --
深圳深宝实业股份有限公司 2016 年半年度报告全文
Section IV. Report of the Board of Directors
I. Introduction
During the reporting period, challenged by the changing market conditions, the Company endeavored to
implement various operating measures to strengthen major science and technology power, promote product
upgrade and innovation, expand main business operation and accelerate progress of each business segment.
Benefitting from the core strengths of scientific innovation, the Company dramatically developed three businesses,
namely business of healthcare technology which mainly referred to the technology of plant extraction developed
by Shenbao Huacheng, business of industrial service which mainly referred to industrial financing, e-commerce
and modern logistics developed by the Tea Exchange as well as the business of life experience which mainly
referred to modern tea culture consumption engaged by Tanbank/Fuhaitang. Based on these, we succeeded to
establish our industrial layout consisting of four major business segments including further processing, sales of
quality tea, tea life experience and E-commerce of tea related products. During the first half year of 2016, the
Company managed to increase sales, seek for substantial change, and thus to implement our development strategy
on a stable basis, enabling itself to transform to an enterprise highlighting in technology, service and commerce in
general.
During the reporting period, the Company fully capitalized the effect of Shenbao technology center as the main
R&D entity, continued to reinforce its core strengths in scientific research, activated value increment, and realized
product innovation and upgrade. It successfully developed nearly 30 tea drinking products which were launched to
market during the first half year, providing strong support for market expansion, customer service and
improvement of industrial chain technology of our Company. Puer tea trading center commenced construction for
trading system. till now, it has completed comprehensive test in respect of the trading software, and succeeded to
launch the first kind of product in the system. as new products would continue to be listed in the system for sale,
puer tea trading center will experience steady trading business, continue to increase market share, form its trading
products to a certain extent, realize combination between trading and consumption and improve value of the
platform. Our high-end tea brands were continuously dedicated to satisfy the customer base which was deeply
fond of tea leaf, which in turn enabled us to consolidate loyalty of our customers. The fashion and fast-drinking
brand “Fuhaitang” operated traditional tea leaf drinking industry by adoption of internet model, through which, it
succeeded to act as the pioneer of a young, fashion and healthy tea life through the innovative business model
integrating improved experiment space, Wechat platform and E-commerce platform and integration of business
resources. the brand Teabank promoting for tea life experience space was offering all the products, including raw
leaf tea, drinking, tea sneak, teapot and tea book, both online and offline, aiming to diversify experience space for
tea culture, which in turn helped the Company to integrate effect of marketing, promotion and brand
dissemination.
深圳深宝实业股份有限公司 2016 年半年度报告全文
For the first half year of 2016, the Company recognized total operating income of RMB149,155,529.71,
representing a year-on-year decrease of 8.69%; recognized operating profit of RMB(25,809,361.48), representing
a year-on-year decrease of 2,031.54%; and recognized net profit attributable to shareholders of listed company of
RMB(15,099,180.63), representing a year-on-year decrease of 383.95%. the major reason accounting for the
change of operating profit and net profit attributable to shareholders of listed company was that the Company
recorded revenue from the project of Emerald Apartment for the corresponding period of last year, while these
was no such revenue for this period; Shenzhen Shenshenbao Tea Culture Business Management Company
Limited recorded increased losses as compared to the corresponding period of last year.
II. Main business analysis
Y-o-y changes of main financial data
In RMB