Stock Code: 200468 Short Form of the Stock: NJ TEL B Notice No.: 2015-009 Nanjing Putian Telecommunications Co., Ltd.
Text of First Quarterly Report 2015
Section I. Important Notice
Board of Directors and the Supervisory Committee of Nanjing Putian Telecommunications Co., Ltd. (hereinafter referred to as the Company) and its directors, supervisors and senior executives should guarantee the reality, accuracy and completion of the quarterly report, there are no any fictitious statements, misleading statements or important omissions carried in this report, and shall take legal responsibilities, individual and/or joint.
All Directors are attended the Board Meeting for Quarterly Report deliberation.
Wang Hong, Principal of the Company, Shi Lian, person in charger of accounting works and Qiu Huizhen, person in charge of accounting organ (accounting principal) hereby confirm that the Financial Report of this Quarterly Report is authentic, accurate and complete.
Section II. Main financial data and changes of shareholders I. Main accounting data and financial indexes
Whether it has retroactive adjustment or re-statement on previous accounting data for accounting policy changed and accounting error correction or not
□ Yes√No
|||||
|-|-|-|-|
|||At the same period of last|Changes of this period over|
||At the reporting period|||
|||year|same period of last year|
|Operating income (RMB)|430,831,087.19|592,796,160.80|-27.32%|
|Net profit attributable to shareholders of|-13,964,448.61|-15,013,598.95||
||||6.99%|
|the listed company(RMB)||||
|Net profit attributable to shareholders of||||
|the listed company after deducting|-15,355,211.29|-15,224,247.16|-0.86%|
|non-recurring gains and losses(RMB)||||
|Net cash flow arising from operating|-189,481,994.99|-89,935,264.98||
||||-110.69%|
|activities(RMB)||||
|Basic earnings per share (RMB/Share)|-0.065|-0.070|7.14%|
|Diluted earnings per share (RMB/Share)|-0.065|-0.070|7.14%|
|Weighted average ROE|-3.91%|-4.00%|0.09%|
||||Changes of this period-end|
||At the end of the reporting|||
|||At the end of last year|over same period-end of last|
||period|||
||||year|
|Total assets (RMB)|2,054,001,740.82|2,082,860,208.23|-1.39%|
|Net assets attributable to shareholder of|350,215,464.53|364,179,913.14||
||||-3.83%|
|listed company (RMB)||||

Items of non-recurring gains and losses
√ Applicable□ Not applicable
In RMB
||||
|-|-|-|
||Amount from year-begin to||
|Item||Note|
||period-end||
|Gains/losses from the disposal of non-current asset (including the|||
||-655.30||
|write-off that accrued for impairment of assets)|||
|Governmental subsidy reckoned into current gains/losses (not|||
|including the subsidy enjoyed in quota or ration according to|||
||1,446,594.06||
|national standards, which are closely relevant to enterprise’s|||
|business)|||
|Other non-operating income and expenditure except for the|||
||463,821.02||
|aforementioned items|||

||||
|-|-|-|
|Less: impact on income tax|189,434.44||
|Impact on minority shareholders’ equity (post-tax)|329,562.66||
|Total|1,390,762.68|--|

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. Total number of shareholders at the end of this report period and top ten shareholders 1. Total number of common shareholders at the end of this report period and top ten common shareholders In shares
||||||||
|-|-|-|-|-|-|-|
|Total number of common|||||||
|shareholders||11,724|||||
|at the end of report period|||||||
|Top ten common shareholders|||||||
|||||Amount of|Number of share pledged/frozen||
|Shareholder’s|Nature of|Proportion of|Amount of shares||||
|||||restricted shares|||
|name|shareholder|shares held|held||State of share|Amount|
|||||held|||
|China Potevio|State-ownedcorporation|53.49%|115,000,000|115,000,000|||
|GUOTAIJUNANSECURITIES(HONGKONG)LIMITED|Foreigncorporation|2.40%|5,157,938||||
|Shanghai H.K.Wanguo Security|Foreigncorporation|1.55%|3,331,092||||
|Zhang Huai’an|Domestic natureperson|1.31%|2,807,000||||
|Sun Huiming|Domestic natureperson|0.93%|1,998,510||||
|LI LEON ZHANWEI|Foreign natureperson|0.74%|1,600,189||||
|Chen Qiang|Foreign natureperson|0.61%|1,301,300||||

|||||||
|-|-|-|-|-|-|
|YAO XIUGUANG|Foreign natureperson|0.52%|1,123,800|||
|Zheng Enyue|Domestic natureperson|0.47%|1,020,734|||
|Gao Lingyun|Domestic natureperson|0.47%|1,000,000|||
|The top ten circulation shareholders shareholdings||||||
|||||Type of shares||
|Shareholder’s name||Amount of listed circulation shares held||||
|||||Type|Amount|
|GUOTAI JUNANSECURITIES(HONGKONG)LIMITED||5,157,938||Domestically||
|||||listed foreign|5,157,938|
|||||shares||
|Shanghai H.K. Wanguo Security||3,331,092||Domestically||
|||||listed foreign|3,331,092|
|||||shares||
|Zhang Huai’an||2,807,000||Domestically||
|||||listed foreign|2,807,000|
|||||shares||
|Sun Huiming||1,998,510||Domestically||
|||||listed foreign|1,998,510|
|||||shares||
|LI LEON ZHAN WEI||1,600,189||Domestically||
|||||listed foreign|1,600,189|
|||||shares||
|Chen Qiang||1,301,300||Domestically||
|||||listed foreign|1,301,300|
|||||shares||
|YAO XIU GUANG||1,123,800||Domestically||
|||||listed foreign|1,123,800|
|||||shares||
|Zheng Enyue||1,020,734||Domestically||
|||||listed foreign|1,020,734|
|||||shares||
|Gao Lingyun||1,000,000||Domestically||
|||||listed foreign|1,000,000|
|||||shares||
|Gu Jinhua||731,615||Domestically||
|||||listed foreign|731,615|
|||||shares||

|||
|-|-|
||Among the top ten shareholders, China Potevio Company Limited is neither a related party|
|Note of related relationship among|nor a person acting in concert with the others. It’s unknown by the Company whether there are|
|the above shareholders and|related parties or persons acting in concert among the other shareholders. The Company is|
|concerted actors|unknown whether there exists associated relationship or belongs to consistent actor among the|
||top ten circulation shareholders.|
|Explanation on top ten common||
|shareholders involving margin|N/A|
|business (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 top ten common shareholders or top ten common shareholders with un-restrict shares held of the Company have no buy-back agreement dealing in reporting period.
2. Total shareholders with preferred stock held at Period-end and shares held by top ten shareholders with preferred stock held
□ Applicable√ Not applicable
Section III. Significant Events
I. Particulars about material changes in items of main accounting statement and financial index and explanations of reasons
√ Applicable□ Not applicable
||||||||||
|-|-|-|-|-|-|-|-|-|
|Item|2015-3-31||2014-12-31||Amount ofchanges (RMB)||Changesratio (%)|Reasons of great changes|
|Monetary fund|||||||-35.77%|Major cash for raw materialpurchasing are paid in the Period|
|||253,427,107.88||394,586,647.76||-141,159,539.88|||
|Advance payment|||||||61.01%|Account paid in advance for rawmaterial purchasing increased inthe Period|
|||50,926,927.31||31,630,604.30||19,296,323.01|||
|Notes payable|||||||-44.08%|The bank acceptance are paid ondue in the Period|
|||65,322,838.66||116,816,997.65||-51,494,158.99|||
|Tax payable|||||||51.20%|The input tax not deduction yetdue to the raw materialpurchasing at year-beginning arehave major amounts|
|||15,458,435.95||10,224,153.45||5,234,282.50|||
|Retained profit|||||||-41.73%|The Company is in the red duringthe Period, and balance of theretained profit at period-enddeclined|
|||-47,430,132.99||-33,465,684.38||-13,964,448.61|||
||Jan-Mar 2015||Jan-Mar 2014||Amount ofchanges (RMB)||Changesratio (%)|Reasons of great changes|
|Operation cost|||||||-32.56%|Sales declined in the Period, andoperation costs decreasedcorrespondingly|
|||353,599,273.82||524,331,732.16||-170,732,458.34|||
|Net profitattributable toowners ofparent company|||||||6.99%|Deficit in the Period mainlybecause, suffer by the investmentstructure adjustment fromoperators, part of the products ofthe Company have lessrequirement in market; decline ofthe operation revenue and profithave no obvious improvement inthe Period|
|||-13,964,448.61||-15,013,598.95||1,049,150.34|||
|Net cash flowfrom operationactivity|||||||-110.69%|The money paid for procurementincreased at year-beginning, andthe returned money in 1Q is slowrelatively|
|||-189,481,994.99||-89,935,264.98||-99,546,730.01|||

|||||||
|-|-|-|-|-|-|
||-2,719,995.93|1,817,747.89|-4,537,743.82|||
|Net cash flowform financingactivities||||219.25%|The bank loans increased in thePeriod have higher amount overthe mature bank loans|
||43,984,702.00|13,777,541.13|30,207,160.87|||

 II. Analysis and explanation of significant events and their influence and solutions
□Applicable √Not applicable
III. Commitments from the Company or shareholders (with over5% shares held) in or occurred in the previous period but continued to reporting period
□Applicable √Not applicable
The Company had no commitments from the Company or shareholders (with over5% shares held) in or occurred in the previous period but continued to reporting period
IV. Forecast of operation performance from Jan.– June of 2015
Warnings and reasons of the predict that the cumulative net profit from the begin of the year to the end of next report period may be loss or have great changes comparing with the same period of last year
□Applicable √Not applicable
V. Securities Investment
□ Applicable√ Not applicable
No security investment in Period.
VI. Explanation on equity of other listed company held
□ Applicable√ Not applicable
No equity of other listed company held in Period-end.
VII. Derivative investment
□ Applicable√ Not applicable
No derivative investment in the Period.
VIII. Registration form for receiving research, communication and interview in the report period
□ Applicable√ Not applicable
No
registration form for receiving research, communication or interview in the
Period.
Board of Directors of
Nanjing Putian Telecommunications Co., Ltd. 28 April 2015