Stock Code: 200468 Short Form of the Stock: NJ TEL B Notice No.: 2015-032 Nanjing Putian Telecommunications Co., Ltd.
Text of 3Q Report of 2015
Section I. Important Note
Board of Directors, Supervisory Committee, all directors, supervisors and senior executives of Nanjing Putian Telecommunications Co., Ltd. (hereinafter referred to as the Company) hereby confirm that there are no any fictitious statements, misleading statements, or important omissions carried in this report, and shall take all responsibilities, individual and/or joint, for the reality, accuracy and completion of the whole contents.
All the directors are present the meeting of the Board for deliberating the Third Quarter Report of the Company in person.
Li Linzhen, person in charge of the Company, head of the accounting works Shi Lian and Qiu Huizhen, accounting body principals (accountant in charge) hereby confirms that the Financial Report of the Third Quarterly Report is authentic, accurate and complete.
Section II. Main accounting data and changes of shareholders I. Main accounting data and index
Whether it has retroactive adjustment or re-statement on previous accounting data for accounting policy changed and accounting error correction or not
□Yes√ No
||||||||
|-|-|-|-|-|-|-|
||Current period-end||Period-end of last year||Increase/decrease||
|Total assets(RMB)|2,175,687,965.61||2,082,860,208.23||4.46%||
|Net assets attributable to|335,995,359.62||364,179,913.14||||
|shareholders of listed company|||||-7.74%||
|(RMB)|||||||
|||||||Increase/decrease in|
|||Increase/decrease in|||||
|||||||comparison with|
|||comparison with||From year-begin to|||
||Current period|||||year-begin to|
|||same period of last||end of the Period|||
|||||||Period-end of last|
|||year|||||
|||||||year|
|Operating revenue (RMB)|436,542,450.41|-23.09%||1,356,833,782.02||-22.05%|
|Net profit attributable to|-11,570,789.59|||-28,184,553.52|||
|shareholders of the listed||-194.74%||||-111.21%|
|company (RMB)|||||||
|Net profit attributable to|||||||
|shareholders of the listed|||||||
|company after deducting|-14,124,631.07|-200.58%||-32,712,531.19||-83.14%|
|non-recurring gains and|||||||
|losses(RMB)|||||||
|Net cash flow arising from||||-119,578,690.82|||
||--|--||||-10.30%|
|operating activities(RMB)|||||||
|Basic earnings per share|-0.054|||-0.131|||
|||-200.00%||||-111.29%|
|(RMB/Share)|||||||
|Diluted earnings per share|-0.054|||-0.131|||
|||-200.00%||||-111.29%|
|(RMB/Share)|||||||
|Weighted average ROE|-3.39%|-2.33%||-8.05%||-4.51%|

 Items and amount of extraordinary profit (gains)/losses
√Applicable □Not applicable
In RMB
||||
|-|-|-|
||Amount from year-begin to||
|Item||Note|
||end of the Period||

||||
|-|-|-|
|Gains/losses from the disposal of non-current asset|||
|(including the write-off that accrued for impairment of|119,812.54||
|assets)|||
|Governmental subsidy reckoned into current gains/losses|||
|(not including the subsidy enjoyed in quota or ration|||
||4,226,437.00||
|according to national standards, which are closely relevant|||
|to enterprise’s business)|||
|Gain/loss from debt restructure|173.00||
|Other non-operating income and expenditure except for the|||
||1,868,481.27||
|aforementioned items|||
|Less: impact on income tax|493,027.62||
|Impact on minority shareholders’ equity (post-tax)|1,193,898.52||
|Total|4,527,977.67|--|

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. Statement of the total shareholders and shares-held of top ten shareholders at end of the Period
1. Statement of the total common shareholders and shares-held of top ten common shareholders at end of the Period
In Share
||||||||
|-|-|-|-|-|-|-|
|Total common shareholders in|||||||
|||11,240|||||
|reporting period|||||||
|Shares-held of top ten common shareholders|||||||
|||||Amount of|Number of share pledged/frozen||
||Nature of|Proportion of|Amount of||||
|Shareholders||||non-tradable|||
||shareholder|shares held|shares held||State of share|Amount|
|||||shares held|||
|China PotevioCompanyLimited|State-ownedcorporate|53.49%|115,000,000|115,000,000|||
|Shanghai H.K.Wanguo|Overseascorporate|2.75%|5,914,881|0|||

||||||||
|-|-|-|-|-|-|-|
|Security|||||||
|GUOTAIJUNANSECURITIES(HONGKONG)LIMITED|Overseascorporate|1.54%|3,303,804|0|||
|Zhang Huaian|Domestic natureperson|1.31%|2,807,000|0|||
|Zheng Enyue|Domestic natureperson|1.09%|2,332,939|0|||
|Sun Huiming|Domestic natureperson|0.93%|2,007,110|0|||
|Gu Jinhua|Domestic natureperson|0.82%|1,761,971|0|||
|LI LEON ZHANWEI|Overseasnatural person|0.74%|1,600,189|0|||
|YAO XIUGUANG|Overseasnatural person|0.51%|1,100,300|0|||
|Hu Xiaofeng|Domestic natureperson|0.42%|898,800|0|||
|Particular about top ten shareholders with tradable shares held|||||||
||||||Type of shares||
|Shareholders||Amount of tradable shares held|||||
||||||Type|Amount|
|Shanghai H.K. Wanguo Security||5,914,881|||Domestically||
||||||listed foreign|5,914,881|
||||||shares||
|GUOTAI JUNANSECURITIES(HONGKONG)LIMITED||3,303,804|||Domestically||
||||||listed foreign|3,303,804|
||||||shares||
|Zhang Huaian||2,807,000|||Domestically||
||||||listed foreign|2,807,000|
||||||shares||
|Zheng Enyue||2,332,939|||Domestically||
||||||listed foreign|2,332,939|
||||||shares||
|Sun Huiming||2,007,110|||Domestically||
||||||listed foreign|2,007,110|
||||||shares||
|Gu Jinhua||1,761,971|||Domestically|1,761,971|

|||||
|-|-|-|-|
|||listed foreign||
|||shares||
|LI LEON ZHAN WEI|1,600,189|Domestically||
|||listed foreign|1,600,189|
|||shares||
|YAO XIU GUANG|1,100,300|Domestically||
|||listed foreign|1,100,300|
|||shares||
|Hu Xiaofeng|898,800|Domestically||
|||listed foreign|898,800|
|||shares||
|Gao Lingyun|880,000|Domestically||
|||listed foreign|880,000|
|||shares||
||Among the top ten shareholders, China Potevio Company Limited is neither a related|||
|Explanation on associated||||
||party nor a person acting in concert with the others. It’s unknown by the Company|||
|relationship among the top ten||||
||whether there are related parties or persons acting in concert among the other|||
|shareholders or consistent action||||
||shareholders.|||
|Explanation on shareholders||||
|involving margin business about||||
||N/A|||
|top ten common shareholders (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
Top ten common shareholders or top ten common shareholders with un-restrict shares not held have a buy-back agreement dealing in reporting period
2. Total of shareholders with preferred stock held and the top ten shareholdings in Period-end
□Applicable √Not applicable
Section III. Important events
I. Particular about major changes from items of main accounting statements and financial indexes as well as reasons
√ Applicable□Not applicable
|||||||||
|-|-|-|-|-|-|-|-|
|Items|2015-9-30||2014-12-31||Changed amount (RMB)|+,- (%)|Main reasons for majorchanges|
|Notes payable|15,719,077.84||34,375,641.37||-18,656,563.53|-54.27%|Bank acceptance was settledin the Period on due|
|Account paid inadvance|21,654,005.10||31,630,604.30||-9,976,599.20|-31.54%|The account paid in advancelast year was settled in thePeriod|
|Accountreceived inadvance|43,655,596.13||84,724,425.95||-41,068,829.82|-48.47%|Payment of the goodsreceived in advance last yearwere recognized as salesincome while goodsdelivered in the Period|
|Retained profit|-61,650,237.90||-33,465,684.38||-28,184,553.52|-84.22%|The Company loss in the first3Q, and balance of theretained profit decreased|
|||From Jan. to||From Jan. to|Changed amount (RMB)|+,- (%)|Main reasons for majorchanges|
|||Sept. of 2015||Sept. of 2014||||
|Operating taxand extras|7,132,863.16||5,049,085.73||2,083,777.43|41.27%|Sales revenue from part ofthe subsidiaries areincreased, than the taxincreased correspondingly|
|Investmentincome|1,792,386.85||-74,252.88||1,866,639.73|2513.90%|The subordinate investmentjoint-stock enterprise gainsmore profit in the Period|
|Operating profit|-16,419,980.39||-3,476,900.80||-12,943,079.59|-372.26%|Trading profit of theCompany has a y-o-ydeclined due to part of theproducts decline in marketdemand, the centralpurchasing price dropscontinually and marketcompetition comes more andmore fierce. At the sametime, HR costs, marketdevelopment expenses|
|Total profit|-10,202,920.58||2,197,860.73||-12,400,781.31|-564.22%||
|Net profit|-20,946,838.04||-5,231,084.10||-15,715,753.94|-300.43%||
|Net profitattributable toowners’ ofparent company|-28,184,553.52||-13,344,481.54||-14,840,071.98|-111.21%||

almost maintains stable, part of thesubsidiaries’ technology development expenses increased, than the period charge for the first three quarters are growth on y-o-y basis as a whole. Putting the pieces together, the Company is in the red during the reporting period.
|||||||
|-|-|-|-|-|-|
|Income taxexpenses|10,743,917.46|7,428,944.83|3,314,972.63|44.62%|Profit from part of thesubsidiaries are increased,than the income taxexpenses increasedcorrespondingly|
|Net cash flowarising frominvestmentactivities|-2,997,084.12|6,520,836.73|-9,517,920.85|-145.96%|At same period of last year,the tail money for equitytransfer of the joint-stockenterprise are received, whilethere was no such majorincome occurred in theperiod|
|Net cash flowarising fromfinancingactivities|33,099,874.75|-70,396,065.37|103,495,940.12|147.02%|The new bank loans in theperiod are higher than thedue bank loans|
|Net increase ofcash and cashequivalent|-89,458,627.72|-172,293,052.25|82,834,424.53|48.08%|The net cash flow arisingfrom financing activities in theperiod are higher over sameperiod of last year|

 II. Progress and influence of the main events as well as solution analysis specification
□ Applicable√ Not applicable
III. Commitments made by the Company or shareholders holding above5% shares of the Company in reporting period or made in previous period and extending to reporting period.
√ Applicable□Not applicable
|||||||
|-|-|-|-|-|-|
||Commitment||Dated for|Commitment||
|Commitments||Contents|||Implementation|
||party||commitment|term||
|Share Merger||||||

|||||||
|-|-|-|-|-|-|
|Reform||||||
|Commitments in||||||
|report of||||||
|acquisition or||||||
|equity change||||||
|Commitments in||||||
|assets||||||
|reorganization||||||
|Commitments in||||||
|initial public||||||
|offering or||||||
|refinancing||||||
|||I. As a responsible controlling||||
|||shareholder, China Potevio will not||||
|||reducing the stake of the Company in||||
|||later 6 months since 8 July 2015. II.||||
|||Presently, the operation of the NJ TEL B||||
|||is stable and with regular main business.||||
|||China Potevio will continues to promote||||
|Other|Controlling|the listed company to speed up the||||
|commitments to|shareholder|transformation and upgrading as well as||In 6 months||
|minority|China Potevio|the structural adjustment by means of|2015-07-08|form 8 July|Implementing|
|shareholders of|Company|re-capitalize and optimized the resource||2015||
|the Company|Limited|allocation etc., vigorously promote the||||
|||quality of the listed company. III. China||||
|||Potevio will accelerating the||||
|||improvement of long-term mechanism of||||
|||investor return, improve operation||||
|||quality and profitability of the listed||||
|||company for improve investor return||||
|||continually.||||
|Completed on time||||||
||Yes|||||
|or not||||||
|Detail reasons for||||||
|un-complement||||||
||Not applicable|||||
|and further plan (if||||||
|applicable)||||||

IV. Estimation of operation performance for year of 2015
Estimation on accumulative net profit from the beginning of the year to the end of next report period to be loss probably or
the warning of its material change compared with the corresponding period of the last year and explanation on reason
□ Applicable√ Not applicable
V. Particular about security investment
□ Applicable√ Not applicable
The Company had no security investment in Period.
VI. Explanation on equity of other listed company held
□ Applicable√ Not applicable
No security investment in Period.
VII. Particulars about derivatives investment
□ Applicable√ Not applicable
The Company had no derivatives investment in Period.
VIII. Registration form of receiving research, communication and interview in the report period
√ Applicable□Not applicable
|||||||
|-|-|-|-|-|-|
||||||Contents discussed and|
|Time|Place|Way|Type|Reception||
||||||material provided|
||No. 1 Putian|||||
|||||Kingsmead Asset|Introduce the products|
||Road, Qinhuai|||||
|2015-07-01||Field research|Institution|Management Pte.|and management|
||District of the|||||
|||||Ltd.|situation of the Company|
||Company|||||

IX. Guarantee provided against regulations
□Applicable√ Not applicable
The Company has no guarantee provided against regulations in the Period
X. Non-operational fund occupation by controlling shareholders and its related party of the listed company
□Applicable√ Not applicable
The Company has no non-operational fund occupation by controlling shareholders and its related party of listed company in Period
Board of Directors of
Nanjing Putian Telecommunications Co., Ltd.
30 October 2015