Foshan Huaxin Packaging Co., Ltd. Interim Report 2019 (Summary) Stock Code: 200986 Stock Name: Huaxin Packaging-B Announcement No. 2019-033 FOSHAN HUAXIN PACKAGING CO., LTD.
INTERIM REPORT 2019 (SUMMARY)
Part I Important Notes
This Summary is based on the full text of the 2019 Interim Report of Foshan Huaxin Packaging Co., Ltd. (together with its consolidated subsidiaries, the “Company”, except where the context otherwise requires). In order for a full understanding of theCompany’s operating results, financial condition and future development plans, investors should carefully read the aforesaid full text, which has been disclosed together with this Summary on the media designated by the China Securities Regulatory Commission (the “CSRC”).
Objections raised by any of the directors, supervisors or senior management against any contents in this Report or its summary:
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|Name|Office title|Objection and explanation of why|

 Statement of objection:
Except for the following directors, all the other directors attended in person the Board meeting for the review of this Report and its summary.
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|-|-|-|-|
|||Reason for not attending||
|Name|Office title||Proxy|
|||meeting in person||

Independentauditor’s modified opinion:
□ Applicable√ Not applicable
Board-approved interim cash and/or stock dividend plan for ordinary shareholders:
□ Applicable√ Not applicable
The Company has no interim dividend plan, either in the form of cash or stock.
Board-approved interim cash and/or stock dividend plan for preferred shareholders:
□ Applicable√ Not applicable
This Report and its summary have been prepared in both Chinese and English. Should there be any discrepancies or misunderstandings between the two versions, the Chinese versions shall prevail.
Part II Key Corporate Information
1. Stock Profile
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|Stock name|Huaxin Packaging-B|Stock code||200986|
|Stock exchange for stock listing|Shenzhen Stock Exchange||||
|Contact information|Board Secretary||Securities Representative||

Foshan Huaxin Packaging Co., Ltd. Interim Report 2019 (Summary)
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|-|-|-|
|Name|Ding Guoqiang|Shi Hui|
||2/F, Block 7, 3 Keyang Road, Luoge Park,Chancheng Economic Development Zone,Nanzhuang Town, Chancheng District,Foshan, Guangdong Province, P.R.China|2/F, Block 7, 3 Keyang Road, Luoge Park,Chancheng Economic Development Zone,Nanzhuang Town, Chancheng District,Foshan, Guangdong Province, P.R.China|
|Office address|||
|Tel.|0756-8666975|0756-8666978|
|E-mail address|dinggq@htrh-paper.com|shih@htrh-paper.com|

2. Key Financial Information
Indicate by tick mark whether there is any retrospectively restated datum in the table below.
□ Yes√ No
|||||
|-|-|-|-|
||H1 2019|H1 2018|Change (%)|
|Operating revenue (RMB)|1,733,126,237.68|1,747,156,340.92|-0.80%|
|Net profit attributable to the listed|10,489,265.80|-15,299,762.79||
||||168.56%|
|company’s shareholders (RMB)||||
|Net profit attributable to the listed||||
|company’s shareholders before exceptional|8,813,571.35|-19,203,743.87|145.90%|
|gains and losses (RMB)||||
|Net cash generated from/used in operating|-349,160,799.79|68,792,986.11||
||||-607.55%|
|activities (RMB)||||
|Basic earnings per share (RMB/share)|0.0208|-0.0303|168.65%|
|Diluted earnings per share (RMB/share)|0.0208|-0.0303|168.65%|
|Weighted average return on equity (%)|0.53%|-0.78%|1.31%|
||30 June 2019|31 December 2018|Change (%)|
|Total assets (RMB)|5,807,130,648.83|5,794,694,744.15|0.21%|
|Equity attributable to the listed company’s|1,968,735,620.54|1,970,946,820.29||
||||-0.11%|
|shareholders (RMB)||||

3. Shareholders and Their Holdings as at 30 June 2019
Unit: share
||||||||||
|-|-|-|-|-|-|-|-|-|
|||||||Number of preferred|||
|Number of ordinary shareholders|||13,045|||shareholders with resumed|0||
|||||||voting rights (if any)|||
|Top 10 shareholders|||||||||
|Name of|Nature of|Shareholding||Number of|Private shares||Shares in pledge or frozen||
|shareholder|shareholder|percentage||shares|||Status|Shares|
|FOSHANHUAXINDEVELOPMENT CO., LTD.|State-ownedlegal person|65.20%||329,512,030|329,512,030||||
|GUOTAIJUNANSECURITIES(HONGKONG)LIMITED|Foreign legalperson|0.64%||3,228,410|0||||
|WUHAOYUAN|Foreign naturalperson|0.51%||2,561,991|0||||
|CAI YUJIU|Domesticnatural person|0.38%||1,922,920|0||||
|MIU JUN|Domesticnatural person|0.31%||1,552,200|0||||

Foshan Huaxin Packaging Co., Ltd. Interim Report 2019 (Summary)
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|NORGESBANK|Foreign legalperson|0.27%|1,352,720|0|
|ESSENCEINTERNATIONALSECURITIES(HONGKONG) CO.,LTD.|Foreign legalperson|0.24%|1,205,252|0|
|FOSHANCHAN BEN DEASSETMANAGEMENT CO., LTD|State-ownedlegal person|0.23%|1,139,420|1,139,420|
|PENGRUIHUA|Domesticnatural person|0.22%|1,100,000|0|
|CAO YIFAN|Domesticnatural person|0.21%|1,043,800|0|
|Related or acting-in-concert|||||
|||It is unknown whether there is among the above shareholders any related or acting-in-concert|||
|parties among the shareholders|||||
|||party as defined in the Administrative Measures for the Acquisition of Listed Companies.|||
|above|||||
|Shareholders involved in|||||
|||N/A|||
|securities margin trading (if any)|||||

4. Change of Controlling Shareholder or Actual Controller in Reporting Period
Change of the controlling shareholder in the Reporting Period:
□ Applicable√ Not applicable
The controlling shareholder remained the same in the Reporting Period.
Change of the actual controller in the Reporting Period:
□ Applicable√ Not applicable
The actual controller remained the same in the Reporting Period.
5. Number of Preferred Shareholders and Shareholdings of Top 10 of Them
□ Applicable√ Not applicable
No preferred shareholders in the Reporting Period.
6. Corporate bonds
Does the Company have any corporate bonds publicly offered on the stock exchange, which were undue before the date of thisReport’s approval or were due but could not be redeemed in full?
No.
Part III Operating Performance Discussion and Analysis
1. Business Overview of Reporting Period
Is the Company subject to any industry-specific disclosure requirements?
No.
Foshan Huaxin Packaging Co., Ltd. Interim Report 2019 (Summary) Please refer to “I Overview” in “Part IV Operating Performance Discussion and Analysis” of the full text of this Report.
2. Matters Related to Financial Reporting
(1) Changes to Accounting Policies, Accounting Estimates or Measurement Methods Compared to the Last Accounting Period
√ Applicable□ Not applicable
||||
|-|-|-|
|Changes to the accounting policies and|||
||Approval process|Remark|
|why|||
|On 31 March 2017, the Ministry of Finance|||
|issued the revised versions of the|||
|Accounting Standard No. 22 for Business|||
|Enterprises—Recognition and|||
|Measurement of Financial Instruments (CK|||
|[2017] No. 7), the Accounting Standard No.|||
|||For further information, see the|
|23 for Business Enterprises—Transfer of|||
||The changes to the accounting policies|Announcement on Changes to the|
|Financial Assets (CK [2017] No. 8), the|||
||were approved at the Second Meeting of|Accounting Policies disclosed by the|
|Accounting Standard No. 24 for Business|||
||the Seventh Board of Directors of the|Company on the designated media for|
|Enterprises—Hedge Accounting (CK|||
||Company of 2019 on 15 March 2019.|information disclosure dated 17 March|
|[2017] No. 9) and the Accounting Standard|||
|||2019.|
|No. 37 for Business|||
|Enterprises—Presentation of Financial|||
|Instruments (CK [2017] No. 14). The|||
|Company has adopted the aforesaid new|||
|accounting standards in its accounting|||
|treatment since 1 January 2019.|||
|On 15 June 2018, the Ministry of Finance|||
|issued the Document CK [2018] No. 15,|||
|revising the format of financial statements|||
|of general enterprises. The non-financial|||
|enterprises adopting the Accounting|||
|Standards for Business Enterprises are||For further information, see the|
|required to prepare their financial|The changes to the accounting policies|Announcement on Changes to the|
|statements according to the revised format|were approved at the Second Meeting of|Accounting Policies disclosed by the|
|(applicable to enterprises that have not yet|the Seventh Board of Directors of the|Company on the designated media for|
|adopted the new accounting standards|Company of 2019 on 15 March 2019.|information disclosure dated 17 March|
|governing financial instruments and||2019.|
|revenue). In accordance with the|||
|Document, the Company has adjusted the|||
|relevant financial statements items and the|||
|comparative data of the comparable|||
|accounting period.|||

(2) Retrospective Restatements due to the Correction of Material Accounting Errors in the Reporting Period
□ Applicable√ Not applicable
No such cases.
(3) Changes to the Scope of Consolidated Financial Statements Compared to the Last Accounting Period
□ Applicable√ Not applicable
No such changes for the Reporting Period.