Gujing Distillery Original Chinese Spirits Abstract of Third Quarter Report 2016 Stock code: 000596, 200596 Stock name: Gujing Distillery, Gujing Distillery B Announcement No.: 2016-027 ANHUI GUJING DISTILLERY COMPANY LIMITED
ABSTRACT OF THIRD QUARTER REPORT 2016
Gujing Distillery Original Chinese Spirits Abstract of Third Quarter Report 2016 Section I Important Statements
The Board of Directors, the Supervisory Committee as well as all directors, supervisors and senior management staff of Anhui Gujing Distillery Company Limited (hereinafter referred to as “the Company”) warrant that this report is factual, accurate and complete without any false record, misleading statement or material omission. And they shall be jointly and severally liable for that.
All directors attended the board session for reviewing this report.
Liang Jinhui, company principal, Ye Changqing, chief of the accounting work, and Zhu Jiafeng, chief of the accounting organ (chief of accounting), hereby confirm that the financial statements enclosed in this report are factual, accurate and complete.
This Report is prepared in both Chinese and English. Should there be any discrepancy between the two versions, the Chinese version shall prevail.
Gujing Distillery Original Chinese Spirits Abstract of Third Quarter Report 2016 Section II Financial Highlights& Shareholder Changes
I Highlights of accounting data and financial indicators
Whether the Company performs any retroactive adjustments to or restatements of its accounting data of last year due to change in accounting policies or correction of accounting errors
□ Yes√ No
||||||||
|-|-|-|-|-|-|-|
||30 September 2016||31 December 2015||+/- (%)||
|Total assets (RMB)|8,940,411,922.9||5 7,183,147,641.13||24.46%||
|Net assets attributable to|5,362,246,493.5||6 4,833,721,630.08||||
|shareholders of the Company|||||10.93%||
|(RMB)|||||||
|||||January-September|||
||July-September 2016|YoY +/- (%)||||YoY +/- (%)|
|||||2016|||
|Operating revenues (RMB)|1,460,526,002.88|12.23%||4,505,560,709.61||12.23%|
|Net profit attributable to|151,384,181.93|||582,439,644.55|||
|shareholders of the Company||26.04%||||16.35%|
|(RMB)|||||||
|Net profit attributable to|||||||
|shareholders of the Company|128,287,249.62|23.54%||551,523,602.11||16.82%|
|excluding exceptional profit and|||||||
|loss (RMB)|||||||
|Net cash flows from operating||||1,202,847,188.47|||
||--|--||||80.19%|
|activities (RMB)|||||||
|Basic earnings per share|0.30|||1.160|||
|||25.00%||||17.17%|
|(RMB/share)|||||||
|Diluted earnings per share|0.30|||1.160|||
|||25.00%||||17.17%|
|(RMB/share)|||||||
|Weighted average return on equity|||||||
||2.74%|0.38%||11.21%||-0.18%|
|(%)|||||||

Unit: RMB
||||
|-|-|-|
|Item|January-September 2016|Note|
|Profit/loss on disposal of non-current assets (including offset|||
||-4,039,636.27||
|amount of asset impairment provisions)|||
|Government grants charged to the profit/loss for the Reporting|||
|Period (except for the government grants closely related to the|||
||25,285,600.82||
|business of the Company and given at a fixed quota or amount in|||
|accordance with the State’s uniform standards)|||

Gujing Distillery Original Chinese Spirits Abstract of Third Quarter Report 2016
||||
|-|-|-|
|Gains and losses on change in fair value from tradable financial|||
|assets and tradable financial liabilities, as well as investment|||
|income from disposal of tradable financial assets and tradable|||
||15,509,185.22||
|financial liabilities and financial assets available for sales except|||
|for effective hedging related with normal businesses of the|||
|Company|||
|Non-operating income and expense other than the above|6,840,504.74||
|Less: Income tax effects|10,898,913.63||
|Minority interests (after tax)|1,780,698.44||
|Total|30,916,042.44|--|

Explanation of why the Company classified an item as exceptional profit/loss according to the definition in the Explanatory Announcement No. 1 on Information Disclosure for Companies Offering Their Securities to thePublic—Exceptional Profit and Loss, or reclassified any exceptional profit/loss item given as an example in the said explanatory announcement to recurrent profit/loss□ Applicable√ Not applicable
No such cases in the Reporting Period.
II Total number of shareholders and shareholdings of top 10 shareholders at the period-end 1. Total number of ordinary shareholders and preference shareholders who had resumed their voting right& shareholdings of top 10 shareholders at the period-end
Unit: share
|||||||||
|-|-|-|-|-|-|-|-|
|||||Total number of preference||||
|Total number of ordinary||||shareholders who had||||
|shareholders at the end of the||24,876||resumed their voting right a||t Not applicable||
|Reporting Period||||the end of the Reporting||||
|||||Period (if any)||||
|Shareholdings of top 10 shareholders||||||||
||||||Number of|Pledged or frozen shares||
|Name of|Nature of|Shareholding|Number of shares|||||
||||||restricted shares|||
|shareholder|shareholder|percentage|held|||Status|Number|
||||||held|||
|ANHUI GUJINGGROUPCOMPANYLIMITED|State-ownedcorporation|53.89%|271,404,022|||||
|||||||Pledged|114,000,000|
|GAOLINGFUND,L.P.|Foreigncorporation|2.47%|12,446,408|||||
|UBS(LUXEMBOURG) S.A.|Foreigncorporation|2.41%|12,150,199|||||

Gujing Distillery Original Chinese Spirits Abstract of Third Quarter Report 2016
|||||||
|-|-|-|-|-|-|
|NORGES BANK|Foreigncorporation|2.35%|11,853,146|||
|CHINA INT'LCAPITAL CORPHONG KONGSECURITIESLTD|Foreigncorporation|1.60%|8,040,454|||
|GREENWOODSCHINA ALPHAMASTER FUND|Foreigncorporation|1.52%|7,648,898|||
|CENTRALHUIJININVESTMENTCO., LTD.|State-ownedcorporation|1.30%|6,543,600|||
|3W GREATERCHINA FOCUSFUND|Foreigncorporation|0.70%|3,529,479|||
|CHINAMERCHANTSSECURITIES(HK) CO.,LIMITED|State-ownedcorporation|0.70%|3,504,116|||
|GOLDENCHINAMASTER FUND|Foreigncorporation|0.68%|3,416,434|||
|Shareholdings of top 10 non-restricted shareholders||||||
|||||Type of shares||
|Name of shareholder||Number of non-restricted shares held at the period-end||||
|||||Type|Number|
|ANHUI GUJING GROUPCOMPANY LIMITED||271,404,022||RMB ordinary||
||||||271,404,022|
|||||share||
|GAOLING FUND,L.P.||12,446,408||Domestically||
|||||listed foreign|12,446,408|
|||||share||
|UBS (LUXEMBOURG) S.A.||12,150,199||Domestically||
|||||listed foreign|12,150,199|
|||||share||
|NORGES BANK||11,853,146||Domestically||
|||||listed foreign|11,853,146|
|||||share||
|CHINA INT'L CAPITAL CORP||8,040,454||Domestically|8,040,454|

Gujing Distillery Original Chinese Spirits Abstract of Third Quarter Report 2016
|||||
|-|-|-|-|
|HONG KONG SECURITIES LTD||listed foreign||
|||share||
|GREENWOODS CHINA ALPHAMASTER FUND|7,648,898|Domestically||
|||listed foreign|7,648,898|
|||share||
|CENTRAL HUIJIN INVESTMENTCO., LTD.|6,543,600|RMB ordinary||
||||6,543,600|
|||share||
|3W GREATER CHINA FOCUSFUND|3,529,479|Domestically||
|||listed foreign|3,529,479|
|||share||
|CHINA MERCHANTSSECURITIES (HK) CO., LIMITED|3,504,116|Domestically||
|||listed foreign|3,504,116|
|||share||
|GOLDEN CHINA MASTER FUND|3,416,434|Domestically||
|||listed foreign|3,416,434|
|||share||
||Among the shareholders above, no affiliated relationship exists between the Company’s|||
||controlling shareholder—Anhui Gujing Group Company Limited—and other shareholders,|||
||nor they are parties acting in concert as defined in the Administrative Measures on|||
|Related or act-in-concert parties||||
||Information Disclosure of Changes in Shareholding of Listed Companies. As for other|||
|among the shareholders above||||
||shareholders, the Company does not know whether they are related parties or whether they|||
||belong to parties acting in concert as defined in the Administrative Measures on Information|||
||Disclosure of Changes in Shareholding of Listed Companies.|||
|Top 10 ordinary shareholders||||
|conducting securities margin trading|Not applicable|||
|(if any)||||

Did any of the top 10 ordinary shareholders or the top 10 non-restricted ordinary shareholders of the Company conduct any promissory repo during the Reporting Period?
□ Yea√ No
No such cases in the Reporting Period.
2. Total number of preference shareholders and shareholdings of the top 10 of them at the period-end□ Applicable√ Not applicable
Gujing Distillery Original Chinese Spirits Abstract of Third Quarter Report 2016 Section III Significant Events
I Changes in main accounting statement items and financial indicators in the Reporting Period, as well as reasons for the changes
√ Applicable□ Not applicable
|||||||
|-|-|-|-|-|-|
|Balance sheet item|Closing amount(RMB)|Opening amount(RMB)|Change (%)|Main reason for change||
|Notes receivable|751,361,298.12|539,442,903.31|39.28%|Notes were adopted more oftenin settlement with customers||
|Accounts receivable|10,769,881.03|4,948,074.84|117.66%|Expanded consolidated scope||
|Other accountsreceivable|17,517,209.93|8,617,955.68|103.26%|Expanded consolidated scope||
|Intangible assets|704,446,488.79|298,372,239.96|136.10%|Expanded consolidated scope||
|Notes payable|4,408,583.00|93,768,583.00|-95.30%|Notes were adopted less oftenin settlement with suppliers||
|Accounts received inadvance|944,818,296.99|608,565,152.50|55.25%|Increase in sales orders||
|Other accounts payable|777,232,836.07|452,193,188.94|71.88%|Increase in earnest moneyreceived||
|Deferred tax liabilities|108,886,322.76|20,463,660.87|432.10%|Assessed appreciation in assetvalue in business merger notunder the same control||
|Cash flow statementitem|Current period(RMB)|Same period of lastyear (RMB)|Change (%)|Main reason for change||
|Cash received fromother operatingactivities|382,955,144.81|252,465,602.57|51.69%|||
||||||Increase in earnest money|
||||||received|
|Cash received fromretraction ofinvestments|2,687,852,537.76|1,698,775,053.18|58.22%|Increase in retraction of fundson wealth managementproducts||
|Cash received as returnon investments|68,398,591.73|49,005,653.33|39.57%|Increase in return oninvestment||
|Cash received fromother investing activities|314,000.00|2,264,000.00|-86.13%|Decrease in investment||
|Cash paid forinvestment|2,671,617,710.68|1,736,888,380.40|53.82%|Wealth management productswere purchased||

Gujing Distillery Original Chinese Spirits Abstract of Third Quarter Report 2016
||||||
|-|-|-|-|-|
|Cash received asborrowings|1,000,000.00|0.00|100.00%|Interest-free borrowing ofsubsidiary|
|Net cash flows fromfinancing activities|-49,360,000.00|-100,720,000.00|-50.99%|Decrease in cash dividends paid|

II Progress on significant events, as well as the influence and solutions
□ Applicable√ Not applicable
III Commitments of the Company, its shareholders, actual controller, acquirer, directors, supervisors, senior management or other related parties fulfilled in the Reporting Period or ongoing at the period-end
□ Applicable√ Not applicable
No such cases in the Reporting Period.
IV Performance forecast for Y2016
Warning of possible loss or considerable YoY change in the accumulative net profit made during the year-beginning to the end of the next reporting period, as well as the reasons
□ Applicable√ Not applicable
V Securities investments
√ Applicable□ Not applicable
|||||||||||||
|-|-|-|-|-|-|-|-|-|-|-|-|
||||||Shareholdi|||||||
|||||Number||Number|Shareholdi||Gain/los|||
|Variety|Code|Name|||ng|||||||
||||Initial|of shares||of shares|ng|Closing|s for|||
|of|of|of|||percentage|||||Accounting|Source|
||||investment|held at||held at|percentage|book value|reporting|||
|securiti|securiti|securiti|||at|||||title|of stock|
||||cost (RMB)|period-be||period-e|at|(RMB)|period|||
|es|es|es|||period-beg|||||||
|||||gin||nd|period-end||(RMB)|||
||||||in|||||||
|||||||||||Available-for-||
||||43,374,616.|10,485,10||14,877,1||50,135,827.|141,172.||Self-own|
|Stock|601988|ZGYH|||0.00%||0.00%|||sale financial||
||||10|0||00||00|16||ed funds|
|||||||||||assets||
|||||||||||Available-for-||
||||71,277,724.|||8,040,88||72,930,863.|170,480.||Self-own|
|Stock|000001|PAYH||2,219,720|0.00%||0.00%|||sale financial||
||||48|||9||23|24||ed funds|
|||||||||||assets||
|||||||||||Available-for-||
||||91,133,996.|||6,445,12||150,622,454|||Self-own|
|Stock|600373|ZWCM||6,445,120|0.00%||0.00%||0.00|sale financial||
||||80|||0||.40|||ed funds|
|||||||||||assets||
||||205,786,337|19,149,94||29,363,1||273,689,144|311,652.|||
|Total|||||--||--|||--|--|
||||.38|0||09||.63|40|||

Gujing Distillery Original Chinese Spirits Abstract of Third Quarter Report 2016
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|-|
|Disclosure date of the|
|board announcement on|
|approval of the|
|securities investment|
|Disclosure date of the|
|general meeting|
|announcement on|
|approval of the|
|securities investment (if|
|any)|

VI Investment in derivative financial instruments
□ Applicable√ Not applicable
No such cases in the Reporting Period.
VII Visits paid to the Company for purposes of research, communication, interview, etc. during the Reporting Period
□ Applicable√ Not applicable
No such cases in the Reporting Period.
VIII Illegal provision of guarantees for external parties
□ Applicable√ Not applicable
No such cases in the Reporting Period.
IX Occupation of theCompany’s funds for non-operating purposes by the controlling shareholder and its related parties
□ Applicable√ Not applicable
No such cases in the Reporting Period.