FIYTA HOLDINGS LTD. 2015
1st
QUARTERLY REPORT, TEXT Stock Code: 000026 200026 Short Form of Stock: FIYTA A, FIYTA B
Bond Code: 112152 Short Form of Bond: 12 FIYTA Bond Announcement No:2015-010
FIYTA Holdings Ltd.
st
2015 1 Quarterly Report, Text
FIYTA HOLDINGS LTD. 2015
1st
QUARTERLY REPORT, TEXT Section 1 Important Notice
The Board of Directors, the Supervisory Committee, directors, supervisors and senior executives hereby individually and collectively accept responsibility for the correctness, accuracy and completeness of the contents of this report and confirm that there are neither material omissions nor errors which would render any statement misleading.
All the directors attended the board meeting for reviewing the quarterly report Mr. Xu Dongsheng, the Company leader, Mr. Hu Xinglong, chief financial officer, and Mr. Hu Xinglong, the manager of the accounting department (treasurer) hereby confirm the authenticity and completeness of the financial report enclosed in this quarterly report.
FIYTA HOLDINGS LTD. 2015
1st
QUARTERLY REPORT, TEXT Section 2 Financial Highlights and Change of Shareholders I. Financial Data Summary
Have the accounting data of the previous year undergone retroactive adjustment or restatement due to the change of accounting policy and/or correction of accounting errors, etc.
No
|||||
|-|-|-|-|
||||Increase/decrease in the|
|||Same period of the previous|reporting period vs the|
||Reporting period|||
|||year|corresponding period of the|
||||previous year (%)|
|Revenues in CNY|894,056,260.25|821,633,324.62|8.81%|
|Net profit attributable to the Company’s|44,967,185.35|44,214,332.41||
||||1.70%|
|shareholders, in CNY||||
|Net profit attributable to the Company’s||||
|shareholders less the non-recurring|44,409,083.60|42,765,447.98|3.84%|
|gains/losses, in CNY||||
|Net cash flows arising from operating activities,|109,358,176.80|31,053,528.68||
||||252.16%|
|in CNY||||
|Basic earning per share (CNY/share)|0.114|0.113|0.88%|
|Diluted earning per share (CNY/share)|0.114|0.113|0.88%|
|Net assets-income ratio , weighted average,||||
||2.70%|2.84%|-0.14%|
|(%)||||
||||Increase/decrease in the|
||End of the reporting period|End of the previous year|reporting period vs the end of|
||||the previous year (%)|
|Total assets, in CNY|3,937,180,930.97|3,657,781,647.20|7.64%|
|Net assets attributable to the Company’s|1,681,935,270.54|1,633,401,930.64||
|shareholders, in CNY|||2.97%|

 Non-recurring gains/losses and the amount involved
In CNY
||||
|-|-|-|
||From year beginning to the end||
|Items||Note:|
||of the reporting period||
|Gain/Loss from disposal of non-current assets (including the written-off|53,057.37|Gain/loss from disposal of partial|

FIYTA HOLDINGS LTD. 2015
1st
QUARTERLY REPORT, TEXT
||||
|-|-|-|
|part with provision for impairment of assets already)||obsolete office fixed assets in the|
|||reporting period|
|Government subsidy recognized in current gains and losses (excluding||Governmental subsidy counted to|
|those closely related to the Company’s business and granted under the|653,451.99|the current gain and loss in the|
|state’s policies according to certain quota of amount or volume)||reporting period.|
|||Other various non-operating revenue|
|Income and expenses from the business other than the above items|21,445.01||
|||and expenditure|
|Less: Amount affecting the income tax|169,852.62||
|Amount affecting the minority shareholders’ equity (after tax)|0.00||
|Total|558,101.75|--|

For theCompany’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.
Inapplicable
In the reporting period there existed no such case of defining recurring gains and losses as non-recurring gains and losses as defined and illustrated in the Explanatory Announcement No. 1 on Information Disclosure for Companies Offering their Securities to the Public– Non-recurring Gains and Losses
II. Total Shareholders at the End of the Reporting Period and Shareholding of the Top Ten Shareholders
1. About Total Common Stockholders and the Shares Held by Top Ten Common Stockholders
In Shares
||||||||
|-|-|-|-|-|-|-|
|Total common stockholders at the end|||||||
|||24,949|||||
|of the reporting period|||||||
|Shareholding of the top 10 common stockholders|||||||
||||||Pledging or freezing||
|||||Number of shares|||
|Names of||Shareholding|Number of shares|with trading limited|||
||Nature||||Status of the||
|Shareholders||proportion (%)|held|conditions held||Number|
||||||shares||
|AVIC InternationalHoldings Limited|State-ownedcorporate|41.49%|162,977,327|0|||
|China MerchantsSecurities Co., Ltd.|Domestic non-statecorporate|2.03%|7,970,387|0|||
|China International|Domestic non-state|1.30%|5,117,502|0|||

FIYTA HOLDINGS LTD. 2015
1st
QUARTERLY REPORT, TEXT
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|-|-|-|-|-|-|-|
|Capital CorporationLimited|corporate||||||
|Penghua Asset -SPDB－ PenghuaAssets GaolanInvestment JinrunNo. 17 AssetsManagement Plan|Domestic non-statecorporate|1.18%|4,650,306|0|||
|Penghua Assets –Industrial Bank –Jinrun No. 16AssetsManagement Plan|Domestic non-statecorporate|1.08%|4,237,240|0|||
|Guangfa SecuritiesCo., Ltd.|Domestic non-statecorporate|0.92%|3,624,070|0|||
|YunnanInternational TrustCo., Ltd. – GoldenMonkey SecuritiesInvestment.Ruiyuan|Domestic non-statecorporate|0.89%|3,484,780|0|||
|Xu Liusheng|Domestic naturalperson|0.71%|2,788,420|0|||
|China MerchantsSecurities HongKong Limited|Foreign corporate|0.64%|2,510,591|0|||
|ESSENCEINTERNATIONALSECURITIES(HONG KONG)LIMITED|Foreign corporate|0.51%|2,000,000|0|||
|Shareholding of top 10 shareholders of unrestricted shares|||||||
|||Quantity of unrestricted shares held at the end of|||Share type||
|Shareholder’s Name|||||||
|||the reporting period|||Share type|Quantity|
|AVIC International Holdings Limited||162,977,327|||A-shares|162,977,327|
|China Merchants Securities Co., Ltd.||7,970,387|||A-shares|7,970,387|
|China International Capital CorporationLimited||5,117,502|||||
||||||A-shares|5,117,502|
|Penghua Asset - SPDB－ PenghuaAssets Gaolan Investment Jinrun No.||4,650,306|||||
||||||A-shares|4,650,306|

FIYTA HOLDINGS LTD. 2015
1st
QUARTERLY REPORT, TEXT
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|-|-|-|-|
|17 Assets Management Plan||||
|Penghua Assets – Industrial Bank –Jinrun No. 16 Assets Management Plan|4,237,240|||
|||A-shares|4,237,240|
|Guangfa Securities Co., Ltd.|3,624,070|A-shares|3,624,070|
|Yunnan International Trust Co., Ltd. –Golden Monkey Securities Investment.Ruiyuan|3,484,780|||
|||A-shares|3,484,780|
|Xu Liusheng|2,788,420|A-shares|2,788,420|
|China Merchants Securities Hong KongLimited|2,510,591|||
|||B-shares|2,510,591|
|ESSENCE INTERNATIONALSECURITIES (HONG KONG) LIMITED|2,000,000|||
|||B-shares|2,000,000|
|Explanation on associated relationship|Of the above shareholders, there existed no associated relationship between China Merchants|||
|or concerted action of the above|Securities Co., Ltd. and China Merchants Securities Hong Kong Limited and both of them are holding|||
|shareholders|10,480,978 shares of the Company’s shares，which is 2.67% of the total shares.|||
|Note to the top 10 common||||
|stockholders involved in margin|Inapplicable|||
|financing & securities lending (if any)||||

Was any of the top 10 common stockholders or top 10 common stockholders of non-restricted shares involved in the agreed repurchase trading during the reporting period
No
2．Total number of preferred stockholders and the shareholding of the top ten preferred stockholders at the end of the reporting period
Inapplicable
FIYTA HOLDINGS LTD. 2015
1st
QUARTERLY REPORT, TEXT Section 3 Significant Events
I. Changes in the Principal Accounting Statement Items and Financial Indicators and the Causes
||||||
|-|-|-|-|-|
|Items|Ending balance|Opening balance|Proportion of|Causes|
||in CNY|In CNY|the change||
|Monetary capital|281,835,287.99|116,455,070.54|142.01%|Increase of the cash flow-in fromoperation activities and increase offlow-in of bank loans|
|Accountsreceivable|466,398,300.47|351,276,905.53|32.77%|With Increase of sales, partialreceivables have not been settledwithin the due period.|
|Other currentassets|7,517,304.60|14,421,516.43|-47.87%|The input VAT to be offset at thebeginning of the reporting period hasbeen offset during the reportingperiod.|
|Construction-in-progress|82,740,429.76|51,389,263.53|61.01%|Investment in the construction of thewatch industrial base project atGuangming New Zone in thereporting period.|
|Othernon-currentassets|0|31,500,000.00|-|In the reporting period, the parkingbuilding project of Shenyang 1928Mansion has been accepted uponinspection and the prepaid projectfund has been transferred to thefixed asset for accounting|
|Advance receipt|23,987,632.31|12,087,368.17|98.45%|The loan received in advance fromthe customers has increased in thereporting period|
|Payroll payable|13,143,867.43|38,648,432.41|-65.99%|Year-end bonus payable toemployees in 2014 has been paid inthe reporting period.|
|Tax payable|110,745,067.73|77,602,770.06|42.71%|The VAT payable at the end of thereporting period increased.|
|Interest payable|4,946,258.00|19,420,893.75|-74.53%|The second phase interest of thecorporate bonds in the reportingperiod amounting to CNY 21.60|

FIYTA HOLDINGS LTD. 2015
1st
QUARTERLY REPORT, TEXT
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|-|-|-|-|-|
|||||million.|
|Other payables|42,457,635.07|188,574,900.45|-77.49%|The borrowings repaid to AVICInternational Holdings in thereporting period amounting toCNY150 million.|
|Other currentliabilities|13,298,917.61|5,482,521.27|142.57%|Accrued expenses at the end of thereporting period increased over thebeginning of the reporting period.|

II. Progress of Significant Events, their Influences and the Solutions
Inapplicable
III.The commitments of the Company and its shareholders holding over5% of theCompany’s total shares in the reporting period or extending to the reporting period from previous year(s)
|||||||
|-|-|-|-|-|-|
||||Commitment|||
|Commitments|Promiser|Description||Commitment term|Implementation|
||||time|||
|Commitment for Equity Separation Reform||||||
|Commitments in the acquisition report or the||||||
|written report on change of equity||||||
|Commitment made at the time of asset||||||
|reorganization||||||

FIYTA HOLDINGS LTD. 2015
1st
QUARTERLY REPORT, TEXT
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|-|-|-|-|-|-|
|||The Company||||
|||commits that in case||||
|||it is predicted that||||
|||the Company may||||
|||be unable to duly||||
|||pay the principal and||||
|||interest of the bond||||
|||or fail to duly pay the||||
|||principal and interest||||
|||of the bond when it||Deadline of the||
|||is due, the Company||bonds (The valid||
|||shall at least take the||term of the bonds||
|||following measures:||is 5 years attached||
|||1. not profit||with the investors’||
||AVIC|distribution to the||option of selling||
||Internation|shareholders shall||back, the|In process of|
||||February 27,|||
|Commitment made at IPO or re-financing|al|be conducted. 2.||Company’s option|impementatio|
||||2013|||
||Holdings|implementation of||of redemption and|n|
||Limited|any capital||option of||
|||expenditure projects,||up-regulation of||
|||such as material||the nominal||
|||external investment,||interest rate at the||
|||acquisition and||end of the 3rd||
|||merger, etc. shall be||year).||
|||suspended. 3.||||
|||salaries and bonus||||
|||to the directors and||||
|||senior executives||||
|||shall be adjusted||||
|||down or suspended.||||
|||4. None of the key||||
|||officers may be||||
|||transferred out.||||
|Other commitments to the minority||||||
|shareholders||||||
|Has the commitment been timely||||||
||Yes|||||
|implemented?||||||
|The specific cause of failure in||||||
||Inapplicable|||||
|implementation and the next plan (if any)||||||

IV. Prediction of the Operation Performances from January to June 2015
FIYTA HOLDINGS LTD. 2015
1st
QUARTERLY REPORT, TEXT Inapplicable
V. Investment in Securities
Inapplicable
VI. Explanation on the Holding of the Equity in other Listed Company
Inapplicable
VII. Investment in Derivatives
Inapplicable
VIII. Statement of such activities as reception, research, communication, interview in the reporting period
Inapplicable