深圳市特力(集团)股份有限公司2017年半年度报告摘要 Stock Code: 000025,200025 No.:2017-071 Short Form of Stock: Tellus A, Tellus B
Shenzhen Tellus Holding Co., Ltd.
Summary of Semi-Annual Report 2017
1. Important Notice
The summary of semi-annual report is excerpted from the full text of the semi-annual report. For the details, investors should carefully read the full text of the semi-annual report published on Juchao Information website (www.cninfo.com.cn) and Shenzhen Stock Exchange Website etc., appointed by CSRC.
Board of Directors, Supervisory Committee, all directors, supervisors and senior executives of Shenzhen Tellus Holding 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 directors are attended the Board Meeting for report deliberation.
Prompt of non-standard audit opinion
□ Applicable√ Not applicable
Profit distribution pre-plan of common stock or capitalizing of common reserves pre-plan deliberated by the Board in the reporting period
□ Applicable√ Not applicable
There is no plan of cash bonus, dividend distribution and capitalizing of common reserves carried out by the Company
Profit distribution pre-plan of preferred stock deliberated and approved by the Board in the reporting period
□ Applicable√ Not applicable
II. Company profile
1. Company profile
||||||
|-|-|-|-|-|
|Short form of the stock|Tellus-A, Tellus-B|Stock code||000025, 200025|
|Stock exchange for listing|Shenzhen Stock Exchange||||
|Person/Way to contact|Secretary of the Board||Rep. of security affairs||
|Name|Qi Peng||Sun Bolun||
||15/F, CNNC Building, Shennan MiddleRoad, Futian District, Shenzhen||15/F, CNNC Building, Shennan MiddleRoad, Futian District, Shenzhen||
|Office add.|||||
|Tel.|(0755)83989378||(0755)83989339||
|E-mail|ir@tellus.cn||sunbl@tellus.cn||

2. Main financial data and indexes
Whether it has retroactive adjustment or re-statement on previous accounting data
□Yes√ No
深圳市特力(集团)股份有限公司2017年半年度报告摘要
|||||
|-|-|-|-|
||Current period|Same period of last year|Changes over last year|
|Operating income (RMB)|160,984,104.56|157,147,166.48|2.44%|
|Net profit attributable to shareholders of|24,596,905.09|17,747,952.63||
||||38.59%|
|the listed Company(RMB)||||
|Net profit attributable to shareholders of||||
|the listed Company after deducting|17,705,046.11|15,449,772.01|14.60%|
|non-recurring gains and losses(RMB)||||
|Net cash flow arising from operating|7,380,561.40|23,971,506.36||
||||-69.21%|
|activities(RMB)||||
|Basic earnings per share (RMB/Share)|0.0827|0.0597|38.53%|
|Diluted earnings per share (RMB/Share)|0.0827|0.0597|38.53%|
|Weighted average ROE|2.71%|2.02%|0.69%|
||||Changes over period-end of|
||Period-end|Period-end of last year||
||||last year|
|Total assets (RMB)|1,217,998,855.68|1,189,001,074.98|2.44%|
|Net assets attributable to shareholder of|920,993,189.04|895,362,614.95||
||||2.86%|
|listed Company (RMB)||||

3. Number of shares and share-holding
In Share
||||||||||
|-|-|-|-|-|-|-|-|-|
|||||||Total preference shareholderswith voting rights recovered atend of reporting period (ifapplicable)|||
|Total common stock shareholders in|||||||||
||||65,094||||0||
|reporting period-end|||||||||
|Top ten shareholders|||||||||
||||||||Number of share||
|Full name of|Nature of|Proportion of||Amount of|||||
||||||Amount of restricted shares held||pledged/frozen||
|Shareholders|shareholder|shares held||shares held|||||
||||||||State of share|Amount|
|ShenzhenSpecialDevelopmentGroup Co., Ltd.|State-ownedcorporation|49.09%||145,925,256|6,000,000||||
|ShenzhenCapital FortuneJewelryIndustryInvestmentEnterprise(limited|Domestic nonstate-ownedcorporate|23.88%||71,000,000|71,000,000||||

深圳市特力(集团)股份有限公司2017年半年度报告摘要
|||||
|-|-|-|-|
|partnership)||||
|GUOTAIJUNANSECURITIES(HONGKONG)LIMITED|Foreigncorporation|0.88%|1,241,440|
|Li Guangxin|Domesticnature person|0.26%|761,161|
|WengZhengwen|Foreign natureperson|0.19%|579,528|
|He Xing|Domesticnature person|0.10%|300,100|
|Zeng Huiming|Foreign natureperson|0.09%|270,000|
|Huang Chuyun|Domesticnature person|0.09%|266,500|
|AgriculturalBank of ChinaLtd. – CSI 500ETF|Other|0.08%|242,400|
|Lin Fengfang|Domesticnature person|0.07%|216,933|
|||Among the top ten shareholders, there exists no associated relationship between the state-owned||
|Explanation on associated||legal person’s shareholders SDG, Ltd and other shareholders, and they do not belong to the||
|relationship among the top ten||consistent actionist regulated by the Management Measure of Information Disclosure on Change||
|shareholders or consistent action||of Shareholding for Listed Companies. For the other shareholders of circulation share, the||
|||Company is unknown whether they belong to the consistent actionist.||
|Explanation on involving margin||||
|||N/A||
|business(if applicable)||||

4. Changes of controlling shareholders or actual controller
Controlling shareholder changed in the Period
□ Applicable√ Not applicable
Controlling shareholders had no change in reporting period.
Actual controller changed in the Period
□ Applicable√ Not applicable
Actual controller had no change in reporting period.
5. Total preferred shareholders and top 10 shares held by preferred shareholders
□ Applicable√ Not applicable
深圳市特力(集团)股份有限公司2017年半年度报告摘要 The Company has no preferred shareholders
6. Corporate bond
Whether the Company has a corporation bonds that issuance publicly and listed on stock exchange and without due on the date when semi-annual report approved for released or fail to cash in full on due
No
III. Discussion and analysis of operation
1. Operation status in the period
Does the Company need to comply with the disclosure requirements of the special industry
No
The main business of the company during the reporting period was auto sales; auto testing, maintenance and accessories sales; property leasing and service business. During the reporting period, under the leadership of the Board of Directors, the company took innovation-driven development as the guiding principle, actively promoted the company's strategic transformation in accordance with the company's strategic planning, ensured the sound development of existing main business, accelerated to implement the new business model and ensured the smooth implementation of strategic transformation through the overall allocation of resources.
During the reporting period, under the general background of continued downturn in the marketing environment, the Company achieved good operating results by innovating ideas, integrating business, exploring the greatest potential of stock business, and giving play to the basic support role of the original business, and the total profit and the net profit attributable to the parent company raised substantially over the same period last year. From January to June 2017, the company achieved operating income of RMB 160,984,100, an increase of RMB 3,836,900 or2.44% compared with RMB 157,147,200 in the same period of last year; the total profit was RMB 24,025,100, an increase of RMB 5,457,700 or29.39% compared with RMB 18,567,400 in the same period of last year; net profit attributable to the parent company was RMB 24,596,900, an increase of RMB 6,849,000 or38.59% compared with RMB 17,748,000 in the same period of last year. The main reason for the increase of the total profit and the net profit attributable to the parent company over the same period last year was because of the increase in the property leasing income and the investment income from equity transfer.
On the basis of the steady and healthy development of the current main business, the transformation of Tellus Group has also entered the implementation stage. During the reporting period, Anhui Tellus Starlight Jinzun Jewelry Co., Ltd. which was established for entering the retail market of jewelry market has been opened for business; Sichuan Tellus Jewelry Technology Co., Ltd., the regional channel platform project of jewelry market channel, has completed the industrial and commercial registration, and shall carry out business soon; Tellus Shuibei Jewelry Building phase I project which aimed at the jewelry physical platform has entered the investment attraction stage and is predicted to put into use before the end of 2017. In the second half of 2017, Tellus Group will continue to explore new ideas, develop steadily, and strive to complete the annual economic indicators.
深圳市特力(集团)股份有限公司2017年半年度报告摘要 Change of main financial data on a y-o-y basis
In RMB
||||||
|-|-|-|-|-|
||Current period|Same period of last year|y-o-y changes (+,-)|Reasons|
||160,984,104.56|157,147,166.48||Revenue from vehicle|
|||||sales increased from a|
|||||year earlier, particularly|
|Operation revenue|||2.44%||
|||||the high and mid grade|
|||||vehicles; and rental|
|||||revenue increased|
||118,024,813.96|112,822,380.88||Operating costs increased|
|||||for the vehicle sales|
|||||increased, and|
|||||furthermore, leasing|
|Operation costs|||4.61%||
|||||costs from the new Tellus|
|||||Starlight Company|
|||||increased from a year|
|||||earlier|
|Sales expense|6,883,605.25|7,399,760.23|-6.98%||
|Management expense|19,352,021.76|20,805,027.12|-6.98%||
||26,460.54|289,000.78||Interest expenditure|
|Financial expense|||-90.84%|declined after SDG loans|
|||||are paid|
|Income tax expense|623,687.09|597,869.12|4.32%||
||7,380,561.40|23,971,506.36||The new Tellus Starlight|
|||||paid margins of the|
|||||goods to Chow Tai Fook|
|Net cash flow arising||||and at end of May in the|
||||-69.21%||
|from operation activities||||period, the net cash flow|
|||||from operation declined|
|||||for the property company|
|||||transferred|
|Net cash flow arising|-84,354,916.88|24,320,840.63||Financing products|
|from investment||||investment increased|
|activities||||from a year earlier|
||21,709,660.64|-16,495,591.67||Loans of engineering|
|||||increased and minority|
|||||investment for Tellus|
|Net cash flow arising|||||
|||||Starlight Company|
|from financing activities|||||
|||||increased in the period;|
|||||while loans interest paid|
|||||to SDG at same period of|

深圳市特力(集团)股份有限公司2017年半年度报告摘要
||||||
|-|-|-|-|-|
|||||last year|
|Net increase of cash and|-55,264,848.22|31,796,882.13|||
|cash equivalent|||||
|||||Earnings from|
|Investment earnings|9,636,578.24|5,100,570.96|88.93%|subsidiary’s equity|
|||||transfer increased|

 2. Matters relevant to financial report
(1) Particulars about the changes in aspect of accounting policy, estimates and calculation method compared with the accounting period of last year
□ Applicable√ Not applicable
The Company had no particulars about the changes in aspect of accounting policy, estimates or calculation method in the reporting period.
(2) Particulars about retroactive restatement on major correction for accounting errors in reporting period□ Applicable√ Not applicable
The company had no particulars about retroactive restatement on major correction for accounting errors in the reporting period. (3) Particulars about the change of consolidation range compared with the accounting period of last year√Applicable□Not applicable
One subsidiary disposed in the period -Shenzhen Tellus SDG Property Management Co., Ltd. through negotiating transfer. Tellus Property did not included in consolidation statement socpe after euqity transferred. Found more in relevant Notice No.: 2017-039 released on Securities Times, Hong Kong Commercial Daily and Juchao Website (www.cninfo.com.cn)