承德南江股份有限公司2014年年度报告摘要 Stock Code: 200160 Short Form of the Stock: Nanjiang B Public Notice No.: 2015-021
Chengde Nanjiang Co., Ltd.
Summary of Annual Report 2014
1. Important Notice
The summary is abstract from full-text of annual report, for more details information, investors should found in the full-text of annual report that published on website of Shenzhen Stock Exchange and other website appointed by CSRC.
Company Profile
||||||
|-|-|-|-|-|
|Short form of the stock|NANJIANG-B|Stock code||200160|
|Stock exchange for listing|Shenzhen Stock Exchange||||
|Short form of the Stock after changed|--||||
|(if applicable)|||||
|Person/Way to contact|Secretary of the Board||Rep. of security affairs||
|Name|Li Wenying||Wang Haijian||
|Tel.|0314-3115049||0314-3115048||
|Fax.|0314-3111475||0314-3111475||
|E-mail|liwy@cdnanjiang.com||wanghj@cdnanjiang.com||

2. Main financial data and changes of shareholders
(1) Main financial data
Whether it has retroactive adjustment or re-statement on previous accounting data for accounting policy changed and accounting error correction or not
□Yes√ No
||||||
|-|-|-|-|-|
||||Changes over last||
||2014|2013||2012|
||||year||
|Operating income (RMB)|322,502,631.63|363,952,258.89|-11.39%|79,512,004.22|
|Net profit attributable to shareholders|80,280,395.81|94,806,811.16|||
||||-15.32%|32,894,368.82|
|of the listed company(RMB)|||||

承德南江股份有限公司2014年年度报告摘要
||||||
|-|-|-|-|-|
|Net profit attributable to shareholders|||||
|of the listed company after deducting|3,121,357.84|-5,614,485.87|155.59%|-1,721,230.31|
|non-recurring gains and losses(RMB)|||||
|Net cash flow arising from operating|-134,329,924.08|-204,553,032.66|||
||||34.33%|-4,386,658.32|
|activities(RMB)|||||
|Basic earnings per share (RMB/Share)|0.11|0.13|-15.38%|0.05|
|Diluted earnings per share|0.11|0.13|||
||||-15.38%|0.05|
|(RMB/Share)|||||
|Weighted average ROE|32.13%|58.42%|-26.29%|36.01%|
||||Changes over end of||
||End of 2014|End of 2013||End of 2012|
||||last year||
|Total assets (RMB)|642,501,296.47|380,763,274.72|68.74%|193,617,124.65|
|Net assets attributable to shareholder of|289,982,016.44|209,701,482.77|||
||||38.28%|114,894,671.61|
|listed company(RMB)|||||

(2) Statement of shares held by top 10 common shareholders
||||||||
|-|-|-|-|-|-|-|
|||||Total common shareholders ended|||
|Total common shareholders at|||||||
|||19,446||as the 5th trading day before|19,555||
|end of reporting period|||||||
|||||annual report disclosed|||
|Particular about shares held by top ten common shareholders|||||||
|||Proportion of|Amount of||Shares pledge or frozen||
|Shareholders|Nature|||Amount of restricted shares held|||
|||shares held|shares held||Status|Amount|
|Wang Dong|Domesticnature person|29.49%|208,324,800|208,324,800|||
|EverbrightSecurities(H.K.) Co., Ltd.|Overseas legalperson|13.22%|93,410,193|0|||
|GUOTAIJUNANSECURITIES(HONGKONG)LIMITED|Overseas legalperson|6.88%|48,564,062|0|||
|Chengde NorthIndustrialCorporation|Domesticnon-stateowned legal|2.62%|18,517,651|18,517,651|||

承德南江股份有限公司2014年年度报告摘要
||||||
|-|-|-|-|-|
||person||||
|WangZhengsong|Domesticnature person|1.89%|13,327,891|13,327,891|
|WangWensheng|Domesticnature person|1.03%|7,258,007|0|
|Zhou Haihong|Domesticnature person|0.95%|6,708,495|0|
|Li Tianyun|Domesticnature person|0.73%|5,158,000|0|
|ShanghaiWanguo (H.K)Securities|Overseas legalperson|0.71%|4,995,920|0|
|Chen Yan|Domesticnature person|0.57%|4,023,256|0|
|Explanation on associated||The Company is unknown whether there exists associated relationship or belongs to consistent|||
|relationship among the aforesaid||actor regulated by “management method for acquisition of listed company” among the above|||
|shareholders||said shareholders.|||
|Explanation on shareholders|||||
|involving margin business (if||N/A|||
|applicable)|||||

(3)Shares held by top ten shareholders with preferred stock held
□ Applicable√ Not applicable
The Company had no shareholders with preferred stock held in the reporting.
(4) Property right and controlling relationships between the actual controllers of the Company and the Company is as follows:
Wang Dong
29.49%
CHENGDE NANJIANG CO., LTD.
承德南江股份有限公司2014年年度报告摘要 3. Discussion and analysis by the Management Team
During the reporting period, the Company continue to improve the operational management standards, continually completed and perfect the governance structure, and actively push forward the main business in line with the fixed goal, enhance the steady development and keep growing.
I. Real Estate
In reporting period, real estate market are integrated regulation, housing has a larger amount in stock, in the face of complex economic situation and huge market competing pressures, the Company pinpoint the market, insisted on the operation principle of “ creating high-end choicest residence”; project of phase I and phase II of theNanjiang﹒Huijing Tiandi have been completed with favorable sales performance resulted.
II. Eco-agriculture
In field of eco-agriculture, on the one hand, upgrade infrastructure for the cultivation, improved variety, increase productivity and promote the development of supporting industry chain; on the other hand, market-oriented, adjusted industry structure, expanding sales channels and continue to building the characteristics of the Company. In the reporting period, the eco-agriculture was awarded the title of “Key Leading Enterprise of Agriculture Industrialization in Chengde City”, corporate influence enlarged and further improves the corporate product competitiveness.
III. Corporate governance
Corporate governance of the Company aims at internal construction in the Period, to perfect the construction and implementation of the internal control system; relevant system documents are been supplemented and revised. Internal auditing department of the Company strengthen the self-audit ability for internal control, at the mean time of strengthen the execution ability, making up for deficiency, perfected the rectification and governance standards are been increased effectively, and laying out a foundation of preventing business risks.
Up to 31 December 2014, total assets of the Company amounting to 642.5013 million Yuan, net assets attributable o shareholder of listed company amounting to 289.982 million Yuan; operation revenue for year of 2014 was 322.5026 million Yuan and net profit attributable to shareholder of listed company resulted as 80.2804 million Yuan.
4. Matters relevant to financial report
(1) Particulars about the changes in aspect of accounting policy, estimates and calculation method
compared with the financial report of last year
√Applicable□Not applicable
In 2014, massive revised are been carried out in accounting standards by Ministry of Finance and released the followed eight rules as "Accounting Standards for Business Enterprises No. 2 - Long-term Equity Investments”, "Accounting Standards for Business Enterprises No. 9 - Employee Remuneration”, " Accounting Standards for Business Enterprises No. 30 - Presentation of Financial Statements”, " Accounting Standards for Business Enterprises No. 33 - Consolidated Financial Statements ", "Accounting Standards for Business Enterprises No. 37 - Presentation of Financial Instruments”, "Accounting Standards for Business Enterprises No. 39– Measurement of Fair value”, "Accounting Standards for Business Enterprises No. 40 - Joint Venture Arrangement" and "Accounting Standards for Business Enterprises No. 41 - Disclosure of Interests in Other Entities" in stages. In accordance with the requirement from Ministry of Finance, the Company carries out the above mentioned standards since 1 July 2014.
承德南江股份有限公司2014年年度报告摘要 In view of the accounting policy adjustment, relevant items and amount at period-begin no need to adjusted correspondingly, and it shows no major influences on financial statement of the Company
(2) Particulars about retroactive restatement on major correction for accounting errors in reporting period□ Applicable√ Not applicable
No particular about major accounting errors correction that needs retroactive re-statement for the Company in the reporting. (3) Particulars about the change of consolidation range compared with the financial report of last year□ Applicable√ Not applicable
Scope of consolidate statement has no changed in the Period
(4) Explanation of the Board of Directors and the Board of Supervisors on the “Qualified Opinion” of the report made by the CPAs
□ Applicable√ Not applicable