FIYTA HOLDINGS LTD. 2018 FIRST QUARTERLY REPORT, TEXT Stock Code: 000026 200026 Short Form of Stock: FIYTA A, FIYTA B Announcement No: 2018-008 FIYTA Holdings Ltd.
2018 First Quarterly Report, Text
FIYTA HOLDINGS LTD. 2018 FIRST QUARTERLY REPORT, TEXT Section 1 Important Notes
The Board of Directors, the Supervisory Committee, directors, supervisors and senior executives hereby individually and collectively accept responsibility for the correctness, accuracy and completeness of the contents of this Quarterly Report and confirm that there are neither material omissions nor errors which would render any statement misleading.
All the directors attended the board meeting for reviewing the Quarterly Report.
Mr. Huang Yongfeng, the Company leader, Mr. Chen Zhuo, the chief financial officer, and Mr. Tian Hui, the manager of the accounting department (treasurer) hereby confirm the authenticity, accuracy and completeness of the financial report enclosed in this Quarterly Report.
FIYTA HOLDINGS LTD. 2018 FIRST QUARTERLY REPORT, TEXT Section 2 Company Information
I. Key Accounting Data and Financial Indicators
Does the Company need to make retrospective adjustment or restatement of the accounting data of the previous year? No
|||||
|-|-|-|-|
||||Increase/decrease of the report|
|||Same Period of the Previous||
||Reporting Period||period vs the same period of the|
|||Year||
||||previous year|
|Operating revenue, in CNY|851,815,980.69|817,002,183.65|4.26%|
|Net profit attributable to the Company’s|59,518,000.75|45,319,028.27||
||||31.33%|
|shareholders, in CNY||||
|Net profit attributable to the Company’s||||
|shareholders less the non-recurring items, in|54,825,312.90|45,377,622.54|20.82%|
|CNY||||
|Net cash flows arising from operating activities,|67,632,201.86|122,917,899.12||
||||-44.98%|
|in CNY||||
|Basic earning per share (CNY/share)|0.1357|0.1033|31.36%|
|Diluted earning per share (CNY/share)|0.1357|0.1033|31.36%|
|Net assets-income ratio, weighted average|2.38%|1.89%|0.49%|
||||Increase/decrease of the end of|
||End of the reporting period|End of the previous year|the report period vs the end of the|
||||previous year|
|Total assets, in CNY|3,664,044,586.09|3,579,789,692.90|2.35%|
|Net assets attributable to the Company’s|2,525,539,943.91|2,467,967,361.20||
|shareholders (CNY)|||2.33%|

 Non-recurring gain/loss items and amount involved
in CNY
||||
|-|-|-|
||From year beginning to the end||
|Items||Note:|
||of the reporting period||
|Gain/loss from disposal of non-current assets, including the part offsetfrom the provision for impairment of assets.|||
||-20,793.32||
|Government subsidy credited to the current gain and loss (except thegovernment subsidies closely related with the Company’s business andenjoyable according to the unified standard quota or fixed amountspecified by the central government).|||
||3,196,013.80||

FIYTA HOLDINGS LTD. 2018 FIRST QUARTERLY REPORT, TEXT
||||
|-|-|-|
|||Recovery of the account receivable|
|Reverse of the provision for impairment of accounts receivable|||
||2,000,000.00|which was already cancelled after|
|undergoing impairment test individually|||
|||verification in the previous year|
|Operating income and expenses other than the aforesaid items|161,653.03||
|Less: Amount affected by the income tax|644,185.66||
|Total|4,692,687.85|--|

For theCompany’s non-recurring gain/loss items as defined in the Explanatory Announcement No. 1 on Information Disclosure for Companies Offering their Securities to the Public– Non-recurring Gains and Losses and its non-recurring gain/loss items as illustrated in the Explanatory Announcement No. 1 on Information Disclosure for Companies Offering their Securities to the Public– Non-recurring Gains and Losses which have been defined as recurring gains and losses, it is necessary to explain the reason.
Inapplicable
II. Total Shareholders and Shares Held by Top Ten Shareholders at the End of the Reporting Period
1. Statement of Total Shareholders of Common Shares and the Referred Shares with the Voting Power Recovered and the Shares Held by Top Ten Shareholders
In Shares
||||||||||
|-|-|-|-|-|-|-|-|-|
|||||Total shareholders of preferred|||||
|Total common shareholders at the end|||||||||
|||33,895||shares with voting power|||0||
|of the reporting period|||||||||
|||||recovered (if any)|||||
|Shares held by the top 10 shareholders|||||||||
||||||Number of|Pledged or frozen|||
|Shareholders’|Nature of|Proportion of|Number of shares||||||
||||||restricted shares|Status of the|||
|Names|Shareholders|shares held|held|||||Q’ty|
||||||held|shares|||
|AVIC InternationalHoldings Limited|State-ownedcorporate|37.15%|162,977,327||0||||
|#Yang Zugui|Domestic naturalperson|2.20%|9,663,469||0||||
|ChongqingInternational TrustCo., Ltd. -RONGXINTONGSeries UnitrustNo.10|Other|2.15%|9,421,680||0||||
|ChongqingInternational TrustCo., Ltd. - YUXINTrust No.2|Other|2.07%|9,103,318||0||||

FIYTA HOLDINGS LTD. 2018 FIRST QUARTERLY REPORT, TEXT
||||||||
|-|-|-|-|-|-|-|
|Wan Zhongbo|Domestic naturalperson|1.59%|6,996,595|0|||
|MANULIFE TEDAFund－ MinshengBank－MANULIFETEDA ValueGrowth OrientedAdditional IssueNo. 351 AssetsManagementProgram|Other|1.15%|5,043,559|0|||
|Xizang InvestmentCo., Ltd.|State-ownedcorporate|1.13%|4,976,551|0|||
|Shenzhen HeliFengyuanCommerce & TradeCo., Ltd.|Other|0.75%|3,300,000|0|||
|National SocialSecurity Fund 114Portfolio|Other|0.74%|3,258,472|0|||
|Shenzhen QianyeHuirong InvestmentCo., Ltd.|Other|0.68%|3,000,000|0|||
|Shareholding of top 10 shareholders of unrestricted shares|||||||
||||||Shareholding of top 10 shareholders of||
|||Shareholding of top 10 shareholders of unrestricted shares|||unrestricted shares||
|Shareholder’s Name|||||||
|||Shareholder’s Name|||Shareholder’s|Shareholder’s|
||||||Name|Name|
|AVIC International Holdings Limited||162,977,327|||A-shares|162,977,327|
|#Yang Zugui||9,663,469|||A-shares|9,663,469|
|Chongqing International Trust Co., Ltd. -RONGXINTONG Series Unitrust No.10||9,421,680|||A-shares|9,421,680|
|Chongqing International Trust Co., Ltd. -YUXIN Trust No.2||9,103,318|||A-shares|9,103,318|
|Wan Zhongbo||6,996,595|||A-shares|6,996,595|
|MANULIFE TEDA Fund－ MinshengBank－MANULIFE TEDA Value GrowthOriented Additional Issue No. 351Assets Management Program||5,043,559|||A-shares|5,043,559|

FIYTA HOLDINGS LTD. 2018 FIRST QUARTERLY REPORT, TEXT
|||||
|-|-|-|-|
|Xizang Investment Co., Ltd.|4,976,551|A-shares|4,976,551|
|Shenzhen Heli Fengyuan Commerce &Trade Co., Ltd.|3,300,000|A-shares|3,300,000|
|National Social Security Fund 114Portfolio|3,258,472|A-shares|3,258,472|
|Shenzhen Qianye Huirong InvestmentCo., Ltd.|3,000,000|A-shares|3,000,000|
||Of the top 10 shareholders, both Chongqing International Trust Co., Ltd. - RONGXINTONG SeriesUnitrust No.10 and Chongqing International Trust Co., Ltd. - YUXIN Trust No.2 are subordinate toChongqing International Trust Co., Ltd. and both are holding totally 18,524,998 shares in the Company,taking 4.22% of the Company's total shares.|||
|Relationship/concerted action among||||
|the above shareholders||||
|Note to the top 10 shareholders involved|Inapplicable.|||
|in margin financing & securities lending||||
|(if any)||||

Did the top ten common shareholders or top ten shareholders of unrestricted common shares conduct contractual repurchase during the reporting period?
No
2. Statement of Total Shareholders of Preferred Shares and Shares Held by Top Ten Shareholders of Preferred Shares
Inapplicable
FIYTA HOLDINGS LTD. 2018 FIRST QUARTERLY REPORT, TEXT Section 3 Significant Events
I. Movements and the causes of major financial data and financial indicators in the reporting period
1.Balance Sheet Items
||||||
|-|-|-|-|-|
|Items|Ending balance|Opening Balance|Change rate|Reason of Change|
|||||It was mainly due to increase of net cash flow-in from|
|Monetary fund|296,979,735.97|187,152,891.32|58.68%||
|||||business activities and increase of short term borrowings|
|Notes receivable|3,996,359.78|9,693,883.68|-58.77%|It was mainly due to recouping of notes receivable|
|||||It was mainly due to that the annual bonus payable to|
|Salaries payable to the|||||
||28,718,781.15|71,564,367.14|-59.87%|employees for the previous year was actually paid in the|
|employees|||||
|||||reporting period|

2. Items of the Statement of
Profit
||||||
|-|-|-|-|-|
||Amount in report|Year-on-year amount|||
|Items|||Change rate|Reason of Change|
||period (CNY)|(CNY)|||
|||||It was mainly due to decrease of the size of the|
|Financial expenses|9,646,423.37|14,236,954.13|-32.24%||
|||||interest-bearing liabilities|
|||||It was mainly due to recovery of the account receivable|
|Loss from impairment of assets|-2,396,573.17|1,309,854.61|-282.96%||
|||||already cancelled in the current year|
||78,441,839.20|60,159,931.47||It was mainly due to growth of the revenue from the principal|
|Total profit|||30.39%||
|||||business and improvement of the earning power|

 3. Items of Cash Flow
Statement
||||||
|-|-|-|-|-|
||Amount in report|Year-on-year amount|||
|Items|||Change rate|Reason of Change|
||period (CNY)|(CNY)|||
|||||It was mainly due to decrease of the interest-bearing|
|Cash paid for debt repayment|88,998,550.00|287,848,859.66|-69.08%|liabilities due in the reporting period over the same period of|
|||||the previous year|
|Cash paid for dividend/profit|||||
|||||It was mainly due to decrease of interest payment resulted|
|distribution or repayment of|7,556,182.15|11,238,305.01|-32.76%||
|||||from the size of the interest-bearing liabilities|
|interest|||||

II. Progress of Significant Events, its Impacts and the Solutions
Inapplicable
III. Failure in Due Fulfillment of the Commitments of the Actual Controller, Shareholders, Affiliates, and Acquirer and the Company during the Reporting Period
Inapplicable
FIYTA HOLDINGS LTD. 2018 FIRST QUARTERLY REPORT, TEXT IV. Prediction of the Operation Results of January to June
Inapplicable
V. Investment in Securities
Inapplicable
VI. Investment in Derivatives
Inapplicable
VII. Registry of such Activities as Reception of the Visitors of Survey, Communications, Interview, etc. during the Reporting Period
|||||
|-|-|-|-|
|Reception time|Way of reception|Types of the visitors received|Index of the basic information under survey|
|January 11, 2018|Field survey|Institution|www.cninfo.com.cn|
|January 23, 2018|Field survey|Institution|www.cninfo.com.cn|
|March 22, 2018|Field survey|Institution|www.cninfo.com.cn|

VIII. Outward Guarantee against the Regulations
Inapplicable
IX. TheCompany’s Fund Occupied by its Controlling Shareholder or Related Party for Non-operation Purpose Inapplicable
Board of Directors of FIYTA HOLDINGS LTD. April 25, 2018