无锡威孚高科技集团股份有限公司2016年半年度报告摘要 Stock Code: 000581, 200581 Notice No.: 2016-019 Short Form of the Stock: Weifu High-Tech, Su Weifu-B
WEIFU HIGH-TECHNOLOGY GROUP CO., LTD.
SUMMARY OF SEMI-ANNUAL REPORT 2016
1. Important Notice
The summary is abstract from full-text of semi-annual report, for more details information, investors should found in the full-text of semi-annual report that published on website of Shenzhen Stock Exchange and other website appointed by CSRC.
Company Profile
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|Short form of the stock|Weifu High-Tech, Su Weifu-B|Stock code||000581, 200581|
|Listing stock exchange|Shenzhen Stock Exchange||||
|Contact person and ways|Secretary of the Board||Rep. of securities affairs||
|Name|Zhou Weixing||Yan Guohong||
|Tel.|0510-80505999||0510-80505999||
|Fax.|0510-80505199||0510-80505199||
|E-mail|wfjt@public1.wx.js.cn||wfjt@public1.wx.js.cn||

2. Main accounting data and Changes of shareholders
(1)Main accounting data
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 this|
||Current period|Same period of last year||
||||report y-o-y|
||3,366,476,452.49|3,390,437,923.64||
|Operating revenue (RMB)|||-0.71%|
||943,568,535.72|1,045,987,200.83||
|Net profit attributable to shareholders of the||||
||||-9.79%|
|listed company(RMB)||||
|Net profit attributable to shareholders of the||||
|listed company after deducting non-recurring|829,632,717.13|884,001,959.90|-6.15%|
|gains and losses(RMB)||||
|Net cash flow arising from operating|193,541,014.95|438,286,150.85||
||||-55.84%|
|activities(RMB)||||
||0.94|1.03||
|Basic earnings per share (RMB/Share)|||-8.74%|
||0.94|1.03||
|Diluted earnings per share (RMB/Share)|||-8.74%|
|Weighted average ROE|7.72%|9.14%|-1.42%|
||||Increase/decrease over same|
||End of current Period|End of period of last year||
||||period-end of last year|
||16,696,620,317.59|15,704,093,069.04||
|Total assets (RMB)|||6.32%|
|Net assets attributable to shareholder of listed|12,166,563,837.58|11,783,228,273.39||
||||3.25%|
|company (RMB)||||

无锡威孚高科技集团股份有限公司2016年半年度报告摘要 (2) Particulars about the common stock held by the top shareholders
In Share
||||||||
|-|-|-|-|-|-|-|
|Total shareholders with common stock held at period-end||54,289|||||
|Top ten shareholding of common stock|||||||
|||||Amount of|Number of share||
|||Proportion|Number of||||
||Nature of|||restricted|pledged/frozen||
|Full name of Shareholders||of shares|common shares||||
||shareholder|||common|State of||
|||held|held|||Amount|
|||||shares held|share||
|Wuxi Industry Development Group Co., Ltd.|State-ownedcorporate|20.22%|204,059,398||||
|ROBERT BOSCH GMBH|Foreigncorporate|14.16%|142,841,400||||
|China Securities Finance Corporation Limited|State-ownedcorporate|2.79%|28,172,515||||
|UBS AG|Foreigncorporate|2.03%|20,526,641||||
|Kangjian Assets Management Company–Client’s fund|Foreigncorporate|1.52%|15,351,892||||
|Central Huijin Assets Management Co., Ltd.|State-ownedcorporate|1.27%|12,811,200||||
|BBH BOS S/A FIDELITY FD - CHINAFOCUS FD|Foreigncorporate|1.23%|12,382,279||||
|Puxin Investment Company- Client’s fund|Foreigncorporate|1.12%|11,347,877||||
|MERRILL LYNCH INTERNATIONAL|Foreigncorporate|1.07%|10,828,901||||
|JPMORGAN CHASE BANK,NATIONALASSOCIATION|Foreigncorporate|0.97%|9,742,287||||
|||Among the top ten shareholders, there has no associated|||||
|||relationship between Wuxi Industry Development Croup Co., Ltd.|||||
|Explanation on related relationship or concerted action among||and other shareholders, the first largest shareholder of the|||||
|the abovementioned shareholders||Company; and they do not belong to the consistent actionist|||||
|||regulated by the Management Measure of Information Disclosure|||||
|||on Change of Shareholding for Listed Company.|||||
|Explanation on shareholders involving margin business (if|||||||
|||Not applicable|||||
|applicable)|||||||

(3) Particulars about the shares held by the top ten preferred shareholders
□ Applicable√ Not applicable
There in no particular about the shares held by the preferred shareholder in Period.
(4) Changes of controlling shareholders or actual controller
Controlling shareholder changed in the Period
□ Applicable√ Not applicable
Controlling shareholders had no change in reporting period.
Actual controller changed in the Period
□ Applicable√ Not applicable
Actual controller had no change in reporting period.
3. Discussion and analysis of management
According to the data released by China Association of Automobile Manufacturers: in first half year of 2016, production and sales of
the automobile in China up to 12,892,200 and 12,829,800 with a y-o-y growth of 6.47 percent and 8.14 percent respectively; among
which, passenger cars shows 11,099,400 and 11,042,300 in production and sales respectively with 7.32 percent and 9.23 percent
growth y-o-y and the commercial vehicle has 1,792,700 and 1,787,400 in production and sales respectively with 1.50 percent and
无锡威孚高科技集团股份有限公司2016年半年度报告摘要 1.87 percent up on a y-o-y basis.
During the reporting period, in front of the complicated macro economic situation and market conditions, the Company played actively to capitalize every business opportunity to adapt to development trend. It insisted on market orientation; focused on quality improvement, seek for efficiency enhancement, adhered to operating target, improved internal control, detailed internal management and controlled risks and costs, ensuring structure adjustment of three business segments and successful transformation. The Company realized operating income of RMB3.366 billion, representing a year on year decrease of0.71%; realized profit of RMB1.043 billion, representing a year on year decrease of9.95%; and realized net profit attributable to owners of parent company of RMB944 million, representing a year on year decrease of9.79%.
For the first half year of 2016, the Company managed to maintain stable operation, which accorded with the current market condition of business vehicle and non-road machinery markets. Looking for the later half year, the Company will continue to strengthen development of new products and new market, financial operation management, product quality management, information system establishment and human resources management, trying hard to deliver growth.
4. Matters relevant to financial report
(1) Particulars about the changes in aspect of accounting policy, estimates and calculation method compared with the financial report of last year
□ Applicable√ Not applicable
The Company had no particulars about the changes in aspect of accounting policy, estimates or calculation method in the reporting period.
(2) Particulars about retroactive restatement on major correction for accounting errors in reporting period□ Applicable√ Not applicable
The company had no particulars about retroactive restatement on major correction for accounting errors in the reporting period. (3) Particulars about the change of consolidation range compared with the financial report of last year□ Applicable√ Not applicable
The Company had no particulars about the change of consolidation range in the reporting period.
(4) Explanation on “Qualified Opinion” of the Report from CPA by the Board and Supervisory Committee□ Applicable√ Not applicable
Board of Directors of Weifu High-Technology Group Co., Ltd. 25 August 2016