Nanjing Putian Telecommunications Co., Ltd. Text of Third Quarterly Report 2014 Stock Code: 200468 Short Form of the Stock: NJ TEL B Notice No.: 2014-022 Nanjing Putian Telecommunications Co., Ltd.
Text of Third Quarterly Report of 2014
Nanjing Putian Telecommunications Co., Ltd. Text of Third Quarterly Report 2014 Section I. Important Note
Board of Directors, Supervisory Committee, all directors, supervisors and senior executives of Nanjing Putian Telecommunications 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 the directors are present the meeting of the Board for deliberating the Third Quarter Report of the Company in person.
Wang Hong, person in charge of the Company, head of the accounting works Shi Lian and Qiu Huizhen, accounting body principals (accountant in charge) hereby confirms that the Financial Report of the Third Quarterly Report is authentic, accurate and complete.
Nanjing Putian Telecommunications Co., Ltd. Text of Third Quarterly Report 2014 Section II. Main accounting data and changes of shareholders I. Main accounting data and 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
||||||||
|-|-|-|-|-|-|-|
||Current period-end||Period-end of last year||Increase/decrease||
|Total assets(RMB)|2,008,437,084.63||2,107,194,638.89||-4.69%||
|Net assets attributable to|369,712,118.07||383,210,520.22||||
|shareholders of listed company|||||-3.52%||
|(RMB)|||||||
|||||||Increase/decrease in|
|||Increase/decrease in|||||
|||||From year-begin to||comparison with|
||Current period|comparison with same|||||
|||||end of the Period||year-begin to|
|||period of last year|||||
|||||||Period-end of last year|
|Operating revenue (RMB)|567,600,845.65|5.64%||1,740,624,495.90||-0.24%|
|Net profit attributable to|-3,925,807.49|||-13,344,481.54|||
|shareholders of the listed company||27.15%||||-64.58%|
|(RMB)|||||||
|Net profit attributable to|||||||
|shareholders of the listed company|||||||
||-4,699,053.28|22.14%||-17,862,504.32||-88.00%|
|after deducting non-recurring|||||||
|gains and losses(RMB)|||||||
|Net cash flow arising from||||-108,410,403.24|||
||--|--||||-51.85%|
|operating activities(RMB)|||||||
|Basic earnings per share|-0.018|||-0.062|||
|||28.00%||||-63.16%|
|(RMB/Share)|||||||
|Diluted earnings per share|-0.018|||-0.062|||
|||28.00%||||-63.16%|
|(RMB/Share)|||||||
|Weighted average ROE|-1.06%|0.39%||-3.54%||-1.37%|

 Items and amount of extraordinary profit (gains)/losses
√Applicable □Not applicable
In RMB
||||
|-|-|-|
||Amount from year-begin toend of the Period||
|Item||Note|
|Gains/losses from the disposal of non-current asset (including the|38,068.33||

Nanjing Putian Telecommunications Co., Ltd. Text of Third Quarterly Report 2014
||||
|-|-|-|
|write-off that accrued for impairment of assets)|||
|Tax returns and concessions with examine and approved ultra|||
||370.00||
|vires or without official approval documents|||
|Governmental subsidy reckoned into current gains/losses (not|||
|including the subsidy enjoyed in quota or ration according to|||
||317,251.97||
|national standards, which are closely relevant to enterprise’s|||
|business)|||
|||Because in obtaining subsidiary|
|||Nanjing Putian Datang|
|Income from the exceeding part between investment cost of the|||
|||Information Electronic Co., Ltd,|
|Company paid for obtaining subsidiaries, associates and|||
||3,276,764.14|the investment cost lower than|
|joint-ventures and recognizable net assets fair value attributable|||
|||the fair value of recognizable net|
|to the Company when acquiring the investment|||
|||assets attributable to the|
|||Company when acquiring.|
|Gain/loss from debt restructure|10,000.00||
|Other non-operating income and expenditure except for the|||
||2,032,648.00||
|aforementioned items|||
|Less: impact on income tax|379,604.55||
|Impact on minority shareholders’ equity (post-tax)|777,475.11||
|Total|4,518,022.78|--|

Concerning the extraordinary profit (gain)/loss defined byQ&A Announcement No.1 on Information Disclosure for Companies Offering Their Securities to the Public --- Extraordinary Profit/loss, and the items defined as recurring profit (gain)/loss according to the lists of extraordinary profit (gain)/loss inQ&A Announcement No.1 on Information Disclosure for Companies Offering Their Securities to the Public --- Extraordinary Profit/loss, explain reasons
□ Applicable√ Not applicable
In reporting period, the Company has no particular about items defined as recurring profit (gain)/loss according to the lists of extraordinary profit (gain)/loss inQ&A Announcement No.1 on Information Disclosure for Companies Offering Their Securities to the Public --- Extraordinary Profit/loss.
II. Statement of the total shareholders and shares-held of top ten shareholders at end of the Period
1. Statement of the total common shareholders and shares-held of top ten common shareholders at end of the Period
In Share
|||||||
|-|-|-|-|-|-|
|Total common shareholders in||||||
|||12,118||||
|reporting period||||||
|Shares-held of top ten common shareholders||||||
|Shareholders|Nature of|Proportion of|Amount of shares|Amount of|Number of share pledged/frozen|

Nanjing Putian Telecommunications Co., Ltd. Text of Third Quarterly Report 2014
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|-|-|-|-|-|-|-|
||shareholder|shares held|held|non-tradable|||
||||||State of share|Amount|
|||||shares held|||
|China PotevioCompany Limited|State-ownedcorporate|53.49%|115,000,000|115,000,000|||
|Shanghai H.K.Wanguo Security|Overseascorporate|2.70%|5,798,541|0|||
|GUOTAI JUNANSECURITIES(HONGKONG)LIMITED|Overseascorporate|2.48%|5,336,653|0|||
|Zhang Hui’an|Domestic natureperson|1.12%|2,400,000|0|||
|Sun Huiming|Overseas naturalperson|0.93%|1,998,510|0|||
|LI LEON ZHANWEI|Overseas naturalperson|0.68%|1,465,889|0|||
|Chen Qiang|Overseas naturalperson|0.58%|1,249,600|0|||
|Gao Lingyun|Domestic natureperson|0.47%|1,000,000|0|||
|Wang Feifei|Domestic natureperson|0.27%|584,408|0|||
|China MerchantsSecurities (HK)Co., Limited|State-ownedcorporate|0.24%|525,034|0|||
|Particular about top ten shareholders with tradable shares held|||||||
||||||Type of shares||
|Shareholders||Amount of tradable shares held|||||
||||||Type|Amount|
|Shanghai H.K. Wanguo Security||5,798,541|||Domestically||
||||||listed foreign|5,798,541|
||||||shares||
|GUOTAI JUNANSECURITIES(HONGKONG)LIMITED||5,336,653|||Domestically||
||||||listed foreign|5,336,653|
||||||shares||
|Zhang Hui’an||2,400,000|||Domestically||
||||||listed foreign|2,400,000|
||||||shares||
|Sun Huiming||1,998,510|||Domestically||
|||||||1,998,510|
||||||listed foreign||

Nanjing Putian Telecommunications Co., Ltd. Text of Third Quarterly Report 2014
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|-|-|-|-|
|||shares||
|LI LEON ZHAN WEI|1,465,889|Domestically||
|||listed foreign|1,465,889|
|||shares||
|Chen Qiang|1,249,600|Domestically||
|||listed foreign|1,249,600|
|||shares||
|Gao Lingyun|1,000,000|Domestically||
|||listed foreign|1,000,000|
|||shares||
|Wang Feifei|584,408|Domestically||
|||listed foreign|584,408|
|||shares||
|China Merchants Securities (HK)Co., Limited|525,034|Domestically||
|||listed foreign|525,034|
|||shares||
|Hu Jun|510,650|Domestically||
|||listed foreign|510,650|
|||shares||
|Explanation on associated|Among the top ten shareholders, China Potevio Company Limited is neither a related party|||
|relationship among the top ten|nor a person acting in concert with the others. It’s unknown by the Company whether there|||
|shareholders or consistent action|are related parties or persons acting in concert among the other shareholders.|||
|Explanation on shareholders||||
|involving margin business about top||||
||N/A|||
|ten common shareholders with||||
|un-restrict shares held (if applicable)||||

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 shareholders of the Company have no buy-back agreement dealing in reporting period.
2. Total of shareholders with preferred stock held and the top ten shareholdings in Period-end□Applicable √Not applicable
Nanjing Putian Telecommunications Co., Ltd. Text of Third Quarterly Report 2014 Section III. Important events
I. Particular about major changes from items of main accounting statements and financial indexes as well as reasons
√ Applicable□Not applicable
1. Impact on consolidate financial statement of the Company from new or revised accounting standards that released by Ministry of Finance in the Year
Changes of the accounting standards shows no impact on the consolidate financial statement of the Company
2. Particular about major changes from items of main accounting statements and financial indexes as well as reasons
||||||||||
|-|-|-|-|-|-|-|-|-|
|||||||Changed amount (RMB)|+,- (%)|Main reasons for majorchanges|
||Items||2014-9-30||2013-12-31||||
|Monetary fund||279,318,841.49||430,024,326.63||-150,705,485.14|-53.95%|Payment for goodsincreased in paid duringperiod, and collection ofsales decreased|
|Account paid inadvance||20,265,333.95||33,144,854.82||-12,879,520.87|-63.55%|Payment for goods paid inadvance decreased inPeriod.|
|Otherreceivables||43,278,949.57||58,091,611.43||-14,812,661.86|-34.23%|Residual payment for theequity transfer of Yulongreceived in the Period|
|Investment realestate||10,837,679.15||4,401,316.11||6,436,363.04|59.39%|Datang Electrics includedin statement in the Year,resulted by the changes ofconsolidate statementrange|
|Notes payable||115,975,418.05||70,809,648.50||45,165,769.55|38.94%|Financing notes increasedin Period.|
|Accountreceived inadvance||49,862,102.92||77,659,452.52||-27,797,349.60|-55.75%|Payment of the goodsreceived in advance lastyear were recognized assales income while goodsdelivered in the Period|
|Retained profit||-27,833,622.04||-14,489,140.50||-13,344,481.54|-47.94%|The Company loss RMB13.34 million in the first3Q, and balance of theretained profit decreased|
||||From Jan. to||From Jan. to|Changed amount (R|+,- (%)|Main reasons for major|

Nanjing Putian Telecommunications Co., Ltd. Text of Third Quarterly Report 2014
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|-|-|-|-|-|-|-|-|
|||Sept. of 2014||Sept. of 2013||||
|Investmentincome|-74,252.88||-2,832,105.21||2,757,852.33|3714.14%|Joint venture-PuzhuCompany has less loss inthe Period|
|Non-operationrevenue|6,201,776.72||2,736,540.46||3,465,236.26|55.87%|While in combined theDatang Electronic Co., theinvestment cost lower thanthe fair value ofrecognizable net assetsattributable to theCompany when acquiring,that is RMB 3.27 milliongenerated|
|Operating profit|-3,476,900.80||2,969,413.14||-6,446,313.94|-185.40%|Investment of opticalcommunication networksslow down from theoperators, market is subjectto fierce competition, andoverall gross margindeclined, and meanwhile,the period expenseincreased due to thesoaring marketdevelopment costs, humanresources cost and interestcosts etc.|
|Total profit|2,197,860.73||4,869,096.61||-2,671,235.88|-121.54%||
|Net profit|-5,231,084.10||-2,649,623.21||-2,581,460.89|-49.35%||
|Net profitattributable toowners’ ofparent company|-13,344,481.54||-8,108,322.78||-5,236,158.76|-39.24%||
|Net cash flowarising fromoperationactivities|-108,410,403.24||-71,394,779.45||-37,015,623.79|-34.14%|More payment for goodspaid in the Period,operating cash out-flowincreased|
|Net cash flowarising frominvestmentactivities|6,520,836.73||-16,596,696.34||23,117,533.07|354.52%|Residual payment for theequity transfer of Yulongreceived in the Period,cash in-flow frominvestment activityincreased y-o-y|

 II. Progress and influence of the main events as well as solution analysis specification
□ Applicable√ Not applicable
III. Commitments made by the Company or shareholders holding above5% shares of the Company in reporting period or made in previous period and extending to reporting period.
□ Applicable√ Not applicable
The Company had no commitment made by the Company or shareholders holding above5% shares of the Company in reporting
Nanjing Putian Telecommunications Co., Ltd. Text of Third Quarterly Report 2014 period or made in previous period and extending to reporting period.
IV. Estimation of operation performance for year of 2014
Estimation on accumulative net profit from the beginning of the year to the end of next report period to be loss probably or the warning of its material change compared with the corresponding period of the last year and explanation on reason
□ Applicable√ Not applicable
V. Particular about security investment
□ Applicable√ Not applicable
The Company had no security investment in Period.
Explanation on equity of other listed company hold
□Applicable√Not applicable
The Company had no equity of other listed company in Period.
VI. Particulars about derivatives investment
□ Applicable√ Not applicable
The Company had no derivatives investment in Period.
VII. Registration form of receiving research, communication and interview in the report period
√ Applicable□Not applicable
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||||||Contents discussed and|
|Time|Place|Way|Type|Reception||
||||||material provided|
||||||Products of the Company|
|2014-09-09|The Company|Field research|Personal|Mr. Hu|and market prospect, no|
||||||materials provided|

Board of Directors of Nanjing Putian Telecommunications Co., Ltd. 22 October 2014