The Third Quarterly Report 2016
Stock code：000539、200539 Stock Abbreviation：Yue Dian Li ,Yue Dian Li B
Bond code：112162.SZ Bond short name：12 Yudean Bond
Guangdong Electric Power Development Co., Ltd.
The Third Quarterly Report 2016
October 2016
The Third Quarterly Report 2016
1 Important notes
The Board of Directors，the Supervisory Committee, the directors, the supervisors, and executives of the
Company guarantee that there are no significant omissions, fictitious or misleading statements carried in the
Quarterly Report and we will accept individual and joint responsibilities for the truthfulness, accuracy and
completeness of the Quarterly Report.
All the directors attended the board meeting for reviewing the Quarterly Report except the follows:
The name of director who did The name of director who was
Positions Reason
not attend the meeting in person authorized
Zhong Weimin Director Due to business Hong Rongkun
Kong Huitian Director Due to business Yao Jiheng
Li Mingliang Director Due to business Yao Jiheng
Yang Xinli Director Due to business Hong Rongkun
Zhang Xueqiu Director Due to business Sha Qilin
Liu Tao Independent Director Due to business Zhang Hua
Mao Fugen Independent Director Due to business Shen Hongtao
Wang Xi Independent Director Due to business Shen Hongtao
Mr. Huang Zhenhai, Person in charge of the Company, Ms.Li Xiaoqing , Person in charge of accounting works,
Mr.Meng Fei ,CFO as well as person in charge of accounting institution represent and warrant the financial and
accounting report in the third quarterly report is true and complete.
The Third Quarterly Report 2016
II. Main financial data and changes of shareholders
I.Main financial data and financial index
Whether it has retroactive adjustment or re-statement on previous accounting data for accounting policy changed
and accounting error correction or not.
□ Yes √ No
As at the end of the reporting Changed （%）over end of
As at the end of last year
period prev. year
Gross assets（RMB） 71,619,435,369.00 71,919,934,143.00 -0.42%
Net assets attributable to the
shareholders of the listed company 23,919,977,656.00 23,754,596,981.00 0.70%
（RMB）
Increase/decrease over Between beginning of
Changed （%）over
Reporting period the same period of last the year to the end of
end of prev. year
year（%） the report period
Operating income（RMB） 6,207,318,559.00 -8.40% 16,442,308,125.00 -16.48%
Net profit attributable to the
shareholders of the listed company 738,187,983.00 -19.69% 1,476,562,767.00 -44.07%
（RMB）
Net profit after deducting of
non-recurring gain/loss attributable
744,574,860.00 -17.47% 1,488,076,826.00 -38.63%
to the shareholders of listed
company（RMB）
Cash flow generated by business
-- -- 8,050,018,485.00 -6.29%
operation, net（RMB）
Basic earning per share(RMB/Share) 0.14 -22.22% 0.281 -44.14%
Diluted gains per
0.14 -22.22% 0.281 -44.14%
share(RMB/Share)(RMB/Share)
Weighted average income/asset ratio
3.13% -0.91% 6.18% -5.89%
（%）
In RMB
Amount (Year-beginning to
Items Notes
the end of the report period.)
Non-current asset disposal gain/loss(including the write-off part
-1,156,407.00
for which assets impairment provision is made)
Govemment subsidy recognized in current gain and
loss(excluding those closely related to the Company’s business 4,330,234.00
and granted under the state’s policies)
The Third Quarterly Report 2016
Other non-business income and expenditures other than the above -26,498,677.00
Less：Amount of influence of income tax -1,461,589.00
Influence on minority shareholders’ equity (after tax) -10,349,202.00
Total -11,514,059.00 --
For the Company’s non-recurring gain/loss items as defined in the Explanatory Announcement No.1 on
information 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 losses which have been defined as
recurring gains and losses, it is necessary to explain the reason.
□ Applicable√ Not applicable
None of Non-recurring gain /loss items recognized as recurring gain /loss/items as defined by the information
disclosure explanatory Announcement No.1- Non –recurring gain/loss in the report period.
The Third Quarterly Report 2016
II. Total Shareholders and Shares Held by Top Ten Shareholders at the End of the Reporting Period
1. About Total Common Shareholders, Total Preference Shareholders with the Voting Power Recovered and the
Shares Held by Top Ten Common Shareholders
In shares
Total preference shareholders
Total number of common with the voting power
111,580
shareholders at the period-end recovered at the end of the
reporting period(if any)
Shares held by the top 10 shareholders
Share Amount of tradable Pledging or freezing
Properties of
Shareholder name proportio Quantity shares with Status of the
shareholder Quantity
n% Conditional held shares
Guangdong Yudean Group Co., State-owned legal
67.39% 3,538,005,285 1,893,342,621
Ltd. person
State-owned legal
China Securities Finance Co., Ltd. 2.78% 145,748,980
person
Guangdong Guangfa Electric State-owned legal
2.22% 116,693,602
Power Investment Co., Ltd. person
Guangdong Electric Power State-owned legal
1.80% 94,367,341
Development Corporation person
Domestic Natural
Li Zhuo 0.41% 21,362,585
person
BBH A/C VANGUARD
Overseas Legal
EMERGING MARKETS STOCK 0.33% 17,484,844
person
INDEX FUND
Overseas Legal
NORGES BANK 0.31% 16,235,358
person
CHINA INT'L CAPITAL CORP
Overseas Legal
HONG KONG SECURITIES 0.29% 15,322,336
person
LTD
NOMURA SINGAPORE Overseas Legal
0.24% 12,599,843
LIMITED person
Central Huijin Assets State-owned legal
0.23% 12,258,200
Management Co., Ltd. person
Shares held by the Top 10 Shareholders of Non-restricted shares
Number of the non-restricted Share type
Shareholders’ Names
shares held Share type Quantity
Guangdong Yudean Group Co., Ltd. 1,644,662,664 RMB Common shares
China Securities Finance Co., Ltd. 145,748,980 RMB Common shares
The Third Quarterly Report 2016
Guangdong Guangfa Electric Power Investment
116,693,602 RMB Common shares
Co., Ltd.
Guangdong Electric Power Development
94,367,341 RMB Common shares
Corporation
Li Zhuo 21,362,585 RMB Common shares
BBH A/C VANGUARD EMERGING MARKETS Foreign shares placed in
17,484,844
STOCK INDEX FUND domestic exchange
Foreign shares placed in
NORGES BANK 16,235,358
domestic exchange
CHINA INT'L CAPITAL CORP HONG KONG Foreign shares placed in
15,322,336
SECURITIES LTD domestic exchange
Foreign shares placed in
NOMURA SINGAPORE LIMITED 12,599,843
domestic exchange
Central Huijin Assets Management Co., Ltd. 12,258,200 RMB Common shares
The fourth largest shareholder Guangdong Electric Power Development
Explanation on associated relationship or concerted Corporation is the wholly-owned subsidiaries of the largest shareholder
action of the above shareholders Yudean Group. These two companies have relationships; whether the other
shareholders have relationships or unanimous acting was unknown.
The Fifth largest shareholder Li Zhuo holds 21,074,665 A shares of the
Note to the top 10 common stockholders involved Company through stock account with credit transaction and guarantee and
in margin financing & securities lending (If any) holds287,920 A shares through ordinary stock account, hold 21,362,585 shares
of the Company's stock totally.
Whether top ten common shareholders or top ten common shareholders with un-restrict shares held have a
buy-back agreement dealing in reporting period.
□ Yes √ No
The top ten common shareholders or top ten common shareholders with un-restrict shares held of the Company
have no buy –back agreement dealing in reporting period.
2.Total number of preferred shareholders and shareholding of top 10 preferred shareholders by the end of the
report period
□ Applicable √Not applicable
The Third Quarterly Report 2016
III. Significant Events
I. Particular about large-margin change of main accounting statement item and financial index and its
reason.
√ Applicable □ Not applicable
It is indicated in the reporting period the net profits assigned to the shareholders of listed companies have
been 44.7% YoY drop. Weak power demand and anabatic competition have compelled drastic decline in electric
quantity. Another reduction of on-grid price released by the state as of January, 1st has an intensely negative effect
on the profits from power generation and return on investment from the associated company. Upon synthetic
analysis of the aforesaid factors, the net profits are sizeable YoY drop.
II. The progress of significant events and influence, as well as the analysis and explanation on resolving proposal.
□ Applicable √Not applicable
III. Commitments finished in implementation by the Company, shareholders, actual controller, acquirer,
directors, supervisors, senior executives or other related parties in the reporting period and commitments
unfinished in implementation at the end of the reporting period
√Applicable□ Not applicable
Time of
Commitmen making Period of Fulfillm
Commitment Type Contents
t maker commitm commitment ent
ent
Commitment on share
reform
Commitment in the
acquisition report or
the report on equity
changes
Yue Dian Li is the only quoted platform of Yudean Within 5 years af
Group’s electricity asset integration within the ter the completio
boundary. ② Except Yue Dian Li and the n of major asset r
electricity assets controlled by it, within 5 years eorganization
Guangdong after the last recombination is done, Yudean Group
Under
Commitments in Yudean will pump the assets which meet the conditions of Novembe
fulfillm
assets reorganization Group Co., launching after reformation into Yue Dian Li r 3,2011
ent
Ltd. gradually through purchasing and recombination
and other ways, according to the situation of
solutions to different problems, e.g. the imperfect
examination and approval procedures, the situation
of profitability, cooperation agreement and land
The Third Quarterly Report 2016
utilization. ③ At the aspects of the development
of power project and assets purchasing, Yudean
Group provides the priority for Yue Dian Li
choose. If Yue Dian Li gives up development and
purchasing, Guangkong Group will join Yue Dian
Li under the situation that the project is completed
and put into production, and that the purchase is
done and the project meets the conditions of
listing.For details,
see June 5, 2014, published in the designated med
ia \"Announcement of Guangdong Electric Power
