2015 the First Quarter Report Abstract of Yantai Changyu Pioneer Wine Co.Ltd. Shares Code: 000869. 200869 Shares Abbreviation: ChangyuA、Changyu B
Notice No.: 2015-Final02
Yantai Changyu Pioneer Wine Co. Ltd.
2015 First Quarter Report Abstract
2015-Final 02
April 2015
2015 the First Quarter Report Abstract of Yantai Changyu Pioneer Wine Co.Ltd. I. Important Notice
The Board ofDirectors，the Board ofSupervisors，Directors, Supervisors& Senior managers of the Company collectively and individually accept full responsibility for thetruthfulness，accuracy and completeness of the information contained in this report and confirm that to the best of their knowledge and belief there are no unfaithful facts, significant omissions or misleading statements.
All directors attended the meeting for deliberating this quarter report.
Mr. Sun Liqiang (Chairman of the Company), Mr. Leng Bin (Chief Financial Officer) and Mr. Jiang Jianxun (Financial Director) assure the truthfulness, accuracy and completeness of the financial report in the annual report.
2015 the First Quarter Report Abstract of Yantai Changyu Pioneer Wine Co.Ltd.II、Key financial data and shareholders changing
1. Key financial data
Whether the Company makes retroactive adjustments or restates the
accounting data of previous fiscal years.
□ Yes V No
|||||
|-|-|-|-|
||||More or less than|
|||The same period of||
|Item|The report period|||
|||last year||
||||last year(%)|
|Business income (CNY)|1,825,212,207.00|1,508,515,994.00|20.99%|
|Net profit attributed to the|530,248,397.00|457,522,651.00||
|shareholders of the listed|||15.90%|
|company (CNY)||||
|Net profit attributed to the||||
|shareholders of the listed||||
||526,745,613.00|454,655,350.00|15.86%|
|company after deducting the||||
|irregular profit and loss (CNY)||||
|Net cash flows from the|697,396,327.00|706,507,223.00||
||||-1.29%|
|operating activities (CNY)||||
|Basic earnings per share|0.77|0.67||
||||14.93%|
|(CNY)||||
|Diluted earnings per share|0.77|0.67||
||||14.93%|
|(CNY)||||
|Weighted average for earning||||
||7.46%|6.64%|0.82%|
|rate of the net assets||||
||||More or less than|
||The end of the|||
|||The end of last year||
||report period|||
||||last year(%)|
|Total assets (CNY)|9,719,260,222.00|8,912,232,640.00|9.06%|
|Net Assets attributed to the|7,365,209,920.00|6,840,452,145.00||
|shareholders of the listed|||7.67%|
|company (CNY)||||

Details of irregular profit and loss
V Yes□ No
2015 the First Quarter Report Abstract of Yantai Changyu Pioneer Wine Co.Ltd.Unit：CNY
||||
|-|-|-|
||From beginning of year||
|Item||Explanation|
||to end of report period||
|Government grants credited in profit and loss|||
|(except for those recurring government grants|||
|that are closely related to the entity's operation,|3,411,679.00||
|in line with related regulations and have proper|||
|basis of calculation)|||
|Other non-operating income and expenses|1,061,714.00||
|Less: Income tax effect|970,609.00||
|||--|
|Total|3,502,784.00||

The reasons shall be made clear and definitely as to the irregular profit and loss that the Company has defined by virtue of the Explanatory Announcement on PublicCompany’s Information Disclosure No.1 - Irregular Profit and Loss and as to regarding the irregular profit and loss as recurrent profit and loss as specified in the Explanatory Announcement on PublicCompany’s Information Disclosure No.1 - Irregular Profit and Loss.□Available V Not available
There is no situation regarding the non-recurring profit and loss as defined and specified in the Explanatory Announcement on PublicCompany’s Information Disclosure No.1 - Non-recurring Profit and Loss as recurrent profit and loss.
2. The total number of shareholders and top 10 shareholders at the
end of the report period
1) The total number of the common shareholders and top 10 common
shareholders at the end of the report period
Unit: share
|||
|-|-|
||Total 43,169|
|Total number of common||
||28852 Shareholders of A shares|
|shareholders||
||14317 Shareholders of B shares|

2015 the First Quarter Report Abstract of Yantai Changyu Pioneer Wine Co.Ltd.
|||||||||||
|-|-|-|-|-|-|-|-|-|-|
|The top 10 common shareholders||||||||||
|||||||Number||Pledged or||
|||Percentage||||of||frozen||
||Character of|||||||||
|Name of Shareholders||||Shares held||restricted||||
||shareholders|||||||||
|||(%)||||||Share|Amo|
|||||||shares||||
|||||||||status|unt|
|YANTAI CHANGYU GROUPCOMPANY LIMITED|Domesticnon-state-owned legalperson|50.40%||345,473,856||0||||
||||||||||0|
|GAOLING FUND,L.P.|Foreignshareholder|3.53%||24,176,997||0||||
||||||||||0|
|BBH BOS S/A FIDELITY FD -CHINA FOCUS FD|Foreignshareholder|2.35%||16,106,326||0||||
||||||||||0|
|GIC PRIVATE LIMITED|Foreignshareholder|1.45%||9,913,484||0||||
||||||||||0|
|MORGAN STANLEY & CO.INTERNATIONAL PLC|Foreignshareholder|0.67%||4,620,321||0||||
||||||||||0|
|NORGES BANK|Foreignshareholder|0.66%||4,511,246||0||||
||||||||||0|
|BBH A/C VANGUARDEMERGING MARKETS STOCKINDEX FUND|Foreignshareholder|0.56%||3,846,587||0||||
||||||||||0|
|FIDELITY CHINA SPECIALSITUATIONS PLC|Foreignshareholder|0.55%||3,779,202||0||||
||||||||||0|
|FIDELITY FUNDS|Foreignshareholder|0.53%||3,644,429||0||||
||||||||||0|
|GREENWOODS CHINA ALPHAMASTER FUND|Foreignshareholder|0.52%||3,588,951||0||||
||||||||||0|
|The top 10 common shareholders with unrestricted shares||||||||||
|Name of Shareholders|||Number of||Type of share|||||
||||unrestricted|||||||
||||||Type of||Amount|||
||||shares held|||||||
||||||share|||||
|YANTAI CHANGYU GROUP COMPANY LIMITED|||345,473,856||A share||345,473,856|||
|GAOLING FUND,L.P.|||24,176,997||B share||24,176,997|||
|BBH BOS S/A FIDELITY FD - CHINA FOCUS FD|||16,106,326||B share||16,106,326|||

2015 the First Quarter Report Abstract of Yantai Changyu Pioneer Wine Co.Ltd.
||||||
|-|-|-|-|-|
|GIC PRIVATE LIMITED||9,913,484|B share|9,913,484|
|MORGAN STANLEY & CO. INTERNATIONAL PLC||4,620,321|B share|4,620,321|
|NORGES BANK||4,511,246|B share|4,511,246|
|BBH A/C VANGUARD EMERGING MARKETSSTOCK INDEX FUND||3,846,587|B share||
|||||3,846,587|
|FIDELITY CHINA SPECIAL SITUATIONS PLC||3,779,202|B share|3,779,202|
|FIDELITY FUNDS||3,644,429|B share|3,644,429|
|GREENWOODS CHINA ALPHA MASTER FUND||3,588,951|B share|3,588,951|
||Among the top 10 shareholders, Yantai Changyu Group||||
|The explanation for the associated|||||
||Company Limited has no associated relationship or accordant||||
|relationship and accordant action|action relationship with the other 9 listed shareholders, and the||||
|of the top 10 shareholders|relationship among the other shareholders is unknown.||||
|Explanation for the top 10|||||
|common shareholders who|No||||
|involved in financing activities|||||
|and stock trading business(if any)|||||

Whether or not theCompany’s top 10 common shareholders and top 10
common shareholders with unrestricted shares promise to buy back
trading during the report period
□ Yes√ No
There is no top 10 common shareholders and top 10 common
shareholders with unrestricted shares in the Company promise to buy
back trading during the report period.
2) The total number of the preferred shareholders and top 10 preferred
shareholders at the end of the report period
□Available V Not available
2015 the First Quarter Report Abstract of Yantai Changyu Pioneer Wine Co.Ltd. III Major Issue
1. The Great Change and Reasons on Main Accountant Data and Financial Index
√Available □Not available
Compared the end of the report period with the beginning of the report period, monetary capital increases by37.51%, mainly due to the increased returned sales money; notes receivable increases by241.38%, mainly due to the growth on bank acceptances; account receivables increases by30.34%, mainly due to the expansion ofCompany’s direct-selling business and increase ofclients’ sales amount on credit; interest receivable increases by37.33%, mainly due to increased interest receivables on deposit; advance payment increases by75.27%, mainly due to the growth of advances on sales from clients. During the report period, sales revenue increases by20.99% on a year-on-year basis, mainly due to increased sales volume of products, especially middle-end dry wine products; selling expense increases by26.93% on a year-on-year basis, mainly due to the expansion of direct-selling business; financial expense increases by40.85% on a year-on-year basis, mainly due to the decline in the income of interest on deposit.
2015 the First Quarter Report Abstract of Yantai Changyu Pioneer Wine Co.Ltd. 2. Analysis explanation of the majorissue’s process, its influence and the solution
□Available V Not available
3. The commitments of the Company or shareholders of the Company holding more than5% in the report period or until the report period
√available □not available
|||||||
|-|-|-|-|-|-|
||Commitment|Commitment|Commitme|Commitment||
|Commitments|||||Implementation|
||Party|content|nt time|period||
|Commitments atshare reform||||||
|||－||||
||-|||||
|Commitmentsmade in acquisitionreport or equitychanges report||||||
||-|-||-|-|
|Commitments atasset restructuring||||||
||-|-||-|-|
||Yantai Changyu|Non Intra-industry||||
||||1997.05.18|Permanent|Has been performed|
||Group Co., Ltd|competition||||

2015 the First Quarter Report Abstract of Yantai Changyu Pioneer Wine Co.Ltd.
|||||||
|-|-|-|-|-|-|
|||According to||||
|||"Trademark License||||
|||Contract", the||||
|||Company will pay||||
|||trademark royalty||||
|||for the||||
|||"Changyu"products||||
|||of Yantai Changyu||||
||||1997.05.18|Forever|Has been performed|
|||Group Co., Ltd||||
|||every year, Yantai||||
|||Changyu Group Co.,||||
|||Ltd will use||||
|||trademark to||||
|||advertise Changyu||||
|||trademarks and the||||
|||Contract products.||||
|Commitmentsmade to theminorityshareholders of theCompany||||||
||-|-||-|-|
|Commitment under||||||
||Yes|||||
|timely||||||
|implementation or||||||

2015 the First Quarter Report Abstract of Yantai Changyu Pioneer Wine Co.Ltd.
|||
|-|-|
|not||
|Specific reasons of||
|not completing the||
||No|
|implementation||
|and the next step||

4. Forecast on the operating performance in the period from January to June of 2015
Warning and explanation for the estimation on the possible loss of cumulative net profit in the period from the beginning of this year to the end of the next report period or the great change comparing with same period of last year.
□Available V Not available
5. The situation of security investment
□Available V Not available
There is no security investment during the report period.
6. Explanation for the situation of holding other listedcompany’s shareholding
□Available V Not available
2015 the First Quarter Report Abstract of Yantai Changyu Pioneer Wine Co.Ltd. There is no holding other listedcompany’s shareholding during the report period.
7. The situation of derivative investment
□Available V Not available
There is no derivative investment during the report period.
8. The activities registration form of receptions, communication
and interview etc. during the report period
□Available V Not available
There is no activities of receptions, communication and interview etc.
during the report period.
Yantai Changyu Pioneer Wine Co. Ltd. Board of Directors 30th
April 2015