Report for the Third Quarter of 2015 of HaiNan Pearl River Holdings Co., Ltd.
HaiNan Pearl River Holdings Co., Ltd.
Report for the Third Quarter of 2015
October 2015
Report for the Third Quarter of 2015 of HaiNan Pearl River Holdings Co., Ltd.
Section I. Important Reminders
I. Significant risk reminder
According to the Report for the Third Quarter of 2015 (unaudited), the unaudited total assets of the Company and
the net assets attributable to the shareholders of the Company as at 30 Sept. 2015 stood at RMB 1,759,684,394.92
and RMB -143,749,900.57 respectively. If the Company continues to suffer a loss in its operation for the year of
2015, a delisting risk warning shall be imposed on the stock of the Company. Investors are kindly reminded to pay
attention to possible risks and invest wisely.
II. Important reminders
The Board of Directors, the Supervisory Committee, directors, supervisors and senior management staff of
HaiNan Pearl River Holdings Co., Ltd. (hereinafter referred to as “the Company”) warrant that the information
carried in 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 have attended the board session for reviewing this report.
Zheng Qing, company principal, and Yang Daoliang, chief of the accounting work and Wu Xiukun, 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 2015 of HaiNan Pearl River Holdings Co., Ltd.
Section II. Financial Highlights & Changes in Shareholders
I. Main accounting data and financial indicators
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. 2015 31 Dec. 2014 Increase/decrease (%)
Total assets (RMB Yuan) 1,759,684,394.92 1,645,436,644.78 6.94%
Net assets attributable to
shareholders of the Company -143,749,900.57 15,564,470.40 -1,023.58%
(RMB Yuan)
YoY increase/decrease YoY increase/decrease
Jul.-Sept. 2015 Jan.-Sept. 2015
(%) (%)
Operating revenues (RMB Yuan) 52,075,049.26 10.86% 188,192,878.45 9.63%
Net profit attributable to
shareholders of the Company -55,679,400.37 -32.58% -34,186,775.34 71.23%
(RMB Yuan)
Net profit attributable to
shareholders of the Company after
-58,786,624.64 -40.01% -162,582,937.77 -35.52%
extraordinary gains and losses
(RMB Yuan)
Net cash flows from operating
-- -- 149,194,827.78 184.05%
activities (RMB Yuan)
Basic EPS (RMB Yuan/share) -0.13 -30.00% -0.08 71.43%
Diluted EPS (RMB Yuan/share) -0.13 -30.00% -0.08 71.43%
Weighted average ROE (%) 0.00% 23.82% 0.00% 51.97%
Items and amounts of extraordinary gains and losses
√Applicable □Inapplicable
Unit: RMB Yuan
Item Amount as of Jan.-Sept. 2015 Note
Gains/losses on the disposal of non-current assets (including the
2,785,222.20
offset part of the asset impairment provisions)
Capital occupation charges on non-financial enterprises that are
951,854.08
recorded into current gains and losses
Gains and losses on change in fair value from tradable financial
assets and tradable financial liabilities, as well as investment 124,342,755.05
income from disposal of tradable financial assets and tradable
Report for the Third Quarter of 2015 of HaiNan Pearl River Holdings Co., Ltd.
financial liabilities and financial assets available for sales except
for effective hedging related with normal businesses of the
Company
Non-operating income and expense other than the above 326,286.02
Less: Income tax effects 8,913.14
Minority interests effects (after tax) 1,041.78
Total 128,396,162.43 --
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
Losses, or classifies any extraordinary gain/loss item mentioned in the said explanatory announcement as a recurrent gain/loss item
□ Applicable √ Inapplicable
No such cases in the reporting period.
II. Total number of shareholders at the period-end and shareholdings of top 10 shareholders
1. Total number of common shareholders at the period-end and shareholdings of top 10 common
shareholders
Unit: share
Total number of common
46,431
shareholders at the period-end
Shareholdings of top 10 common shareholders
Number of Pledged or frozen shares
Name of Nature of Shareholding Number of shares
restricted shares
shareholder shareholder percentage (%) held Status of shares Number of shares
held
Beijing Wanfa
Real Estate State-owned
26.36% 112,479,478
Development corporation
Co., Ltd.
LI LEON ZHAN Foreign
2.38% 10,158,806
WEI individual
YAO XIU Foreign
2.08% 8,855,929
GUANG individual
Foreign
Yao Liyuan 0.47% 2,005,600
individual
Domestic
Zhang Xiaoxie 0.46% 1,949,250
individual
Domestic
Wang Jianjun 0.44% 1,875,700
individual
Xu Zhen Domestic 0.39% 1,647,500
Report for the Third Quarter of 2015 of HaiNan Pearl River Holdings Co., Ltd.
individual
South China Domestic
Financial non-state-owned 0.30% 1,299,500
Company corporation
Domestic
Chen Mingwei 0.28% 1,210,000
individual
Domestic
Zuo Guilan 0.28% 1,200,000
individual
Shareholdings of top 10 non-restricted common shareholders
Variety of shares
Name of shareholder Number of non-restricted common shares held
Variety Number
Beijing Wanfa Real Estate RMB ordinary
112,479,478 112,479,478
Development Co., Ltd. shares
Domestically
LI LEON ZHAN WEI 10,158,806 listed foreign 10,158,806
shares
Domestically
YAO XIU GUANG 8,855,929 listed foreign 8,855,929
shares
Domestically
Yao Liyuan 2,005,600 listed foreign 2,005,600
shares
Overseas listed
Zhang Xiaoxie 1,949,250 1,949,250
foreign shares
RMB ordinary
Wang Jianjun 1,875,700 1,875,700
shares
RMB ordinary
Xu Zhen 1,647,500 1,647,500
shares
Domestically
Chen Mingwei 1,210,000 listed foreign 1,210,000
shares
RMB ordinary
Zuo Guilan 1,200,000 1,200,000
shares
RMB ordinary
He Zeji 951,900 951,900
shares
Explanation on associated Among shareholders above, there exists no related-party relationship between the principal
relationship or persons acting in shareholder and other shareholders of the Company. Nor they are parties with concerted
concert among the above-mentioned action as prescribed in the Information Disclosure Administrative Methods for Changes in
shareholders Shareholding of Shareholders of Listed Companies. And it is unknown whether there is
Report for the Third Quarter of 2015 of HaiNan Pearl River Holdings Co., Ltd.
related-party relationship among other shareholders and whether they are prescribed parties
with concerted action.
The shareholder, Wang Jianjun held 1,875,700 shares of the Company through the customer
credit collateral securities trading account of Nanjing Securities Co., Ltd., and shareholder,
Top 10 common shareholders taking
Zuo Guilan, except for holding 720,000 shares of the Company through the ordinary security
part in securities margin trading (if
account, also held 480,000 shares of the Company through the customer credit collateral
any)
securities trading account of Guoyuan Securities Co., Ltd. with the actual total amount of
1,200,000 shares.
Did any of the top 10 common shareholders or the top 10 non-restricted common shareholders of the Company conduct any
promissory repo during the reporting period?
□ Yea √ No
No such cases in the reporting period.
2. Total number of preferred shareholders at the period-end and shareholdings of top 10 preferred
shareholders
□ 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
II. Progress and influence of significant events, as well as the analysis and explanation on
solutions
√ Applicable □ Inapplicable
For details, please refer to relevant announcement
Index to the relevant
Overview of the significant event Date of disclosure announcement disclosed on the
website
The Company’s significant loan contract signed with Chongqing China Securities Journal, Ta Kung
27 Sep. 2012
International Trust Co., Ltd. was due on 28 Sep. 2015, in line with Pao, www.cninfo.com.cn,
the agreements, the Company should pay the loan principal,
China Securities Journal, Ta Kung
interest and financial consulting fees and other relevant expenses 10 Oct. 2014
Pao, www.cninfo.com.cn,
in total of RMB255, 993,502.88, after negotiation, Chongqing
International Trust Co., Ltd. agree to roll over the debt to the date
China Securities Journal, Ta Kung
of 20 Dec. 2015, during the period, the Company was actively 10 Oct. 2014
Pao, www.cninfo.com.cn,
raising fund and amortized it.
Report for the Third Quarter of 2015 of HaiNan Pearl River Holdings Co., Ltd.
On 23 Aug. 2013, the Japanese company( hereinafter as Party A)
signed Co-operation Frame Agreement about the Original Pipe
Pile Real Estate Development Project(Tentative name)with China
Great Land Holdings Ltd.(Singapore) ( hereinafter as Party
B),agreed that the Company in a way of investing RMB50 million
as assignee to obtain 80% share equity of Sanya Pearl River Pipe
Pile Co., Ltd held by China Great Land Holdings
Ltd.(Singapore)cooperated with Party B and made Sanya Pearl
River Pipe Pile Co., Ltd. ( hereinafter as Target Company) as the
development subject, developed and constructed the Original Pipe
Pile Real Estate Development Project(Tentative name)
( hereinafter as the Project) which located at the target company China Securities Journal, Ta Kung
28 Aug. 2013
production plant, due to the historical problem, the Target Pao, www.cninfo.com.cn,
Company failed to gain the (Industrial land) land use right license
during the agreement signing period, the Company, before and
after, had paid RMB30 million ,after the (Industrial land)land use
right license was obtained, the Company would paid equity
transfer fee RMB20 million, and the Company became as the
shareholder of Target Company with holding of 80% share equity.
During the reporting period, the Target Company had obtained
(Industrial land) land use right license, the Company in line with
the agreement, paid RMB20 million for the equity transfer, in
recently, the shareholding modification formalities of the Target
Company is under processing.
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 2015 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
There was no securities investment in the Company
Report for the Third Quarter of 2015 of HaiNan Pearl River Holdings Co., Ltd.
VI. Shareholdings in other listed c
