无锡威孚高科技集团股份有限公司2018年半年度报告摘要 Stock Code: 000581, 200581 Public Notice No: 2018-025 Short Form of the Stock: Weifu High- Tech, Su Weifu-B
Weifu High-Technology Group Co., Ltd.
Summary of Semi-Annual Report 2018
I. Important Notice
The summary is abstract from full-text of semi-annual report, for more details of operating results, financial condition and future development plan of the Company; investors should found in the full-text that published on media appointed by CSRC.
Whole directors of the Company attend 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
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|-|-|-|-|-|
|Short form of the stock|Weifu High- Tech, Su Weifu-B|Stock code||000581, 200581|
|Stock exchange for listing|Shenzhen Stock Exchange||||
|Person/Way to contact|Secretary of the Board||Rep. of security affairs||
|Name|Zhou Weixing||Yan Guohong||
|Office add.|No.5, Huashan Road, New District, Wuxi City||No.5, Huashan Road, New District, Wuxi City||
|Tel.|0510-80505999||0510-80505999||
|E-mail|web@weifu.com.cn||web@weifu.com.cn||

2. Main financial data and indexes
Whether it has retroactive adjustment or re-statement on previous accounting data
□Yes√ No
|||||
|-|-|-|-|
||Current period|Same period of last year|Changes over last year|
|Operating income (RMB)|4,960,801,890.99|4,728,125,599.02|4.92%|
|Net profit attributable to shareholders of the|1,545,242,704.92|1,325,922,029.56||
||||16.54%|
|listed company (RMB)||||

无锡威孚高科技集团股份有限公司2018年半年度报告摘要
|||||
|-|-|-|-|
|Net profit attributable to shareholders of the||||
|listed company after deducting|1,378,865,501.57|1,208,264,288.81|14.12%|
|non-recurring gains and losses (RMB)||||
|Net cash flow arising from operating|378,923,690.48|352,401,241.52||
||||7.53%|
|activities (RMB)||||
|Basic earnings per share (RMB/Share)|1.53|1.31|16.79%|
|Diluted earnings per share (RMB/Share)|1.53|1.31|16.79%|
|Weighted average ROE|9.92%|9.84%|0.08%|
||Current period-end|period-end of last year|Changes over end of last year|
|Total assets (RMB)|21,920,788,842.86|20,231,006,224.36|8.35%|
|Net assets attributable to shareholder of|15,111,165,491.74|14,835,673,669.75||
||||1.86%|
|listed company (RMB)||||

3. Number of shares and share-holding
In Share
|||||||||
|-|-|-|-|-|-|-|-|
|Total common stock shareholders in||Total preference shareholders with voting rights||||||
||64,429|||||0||
|reporting period-end||recovered at end of reporting period (if applicable)||||||
|Top ten shareholders||||||||
|||||||Number of shares||
||||Proportion||Amount of|||
|||Nature of||Amount of||pledged/frozen||
|Full name of Shareholders|||of shares||restricted|||
|||shareholder||shares held||State of|Amo|
||||held||shares held|||
|||||||share|unt|
|Wuxi Industry Development Group Co., Ltd||State-ownedcorporate|20.22%|204,059,398||||
|ROBERT BOSCH GMBH||Foreigncorporate|14.16%|142,841,400||||
|BBH BOS S/A FIDELITY FD - CHINA FOCUS FD||Foreigncorporate|1.71%|17,286,585||||
|Bank of Communication – HSBC Jixin Double CoreStrategy Mixed Securities Investment Fund||Other|1.67%|16,805,835||||
|Hong Kong Securities Clearing Company Ltd. (HKSCC)||Foreigncorporate|1.61%|16,284,346||||
|Central Huijin Assets Management Co., Ltd.||State-ownedcorporate|1.27%|12,811,200||||
|RBC EMERGING MARKETS EQUITY FUND||Foreigncorporate|0.66%|6,667,035||||
|FIDELITY INVMT TRT FIDELITY INTL SMALL CAPFUND||Foreigncorporate|0.54%|5,459,404||||
|National Social Security Fund-412||Other|0.45%|4,499,184||||
|Ping An Life Insurance Company of China – Bonus–individual insurance||Other|0.40%|4,009,378||||

无锡威孚高科技集团股份有限公司2018年半年度报告摘要
|||
|-|-|
||Among the top ten shareholders, there has no associated|
||relationship between Wuxi Industry Development Croup|
||Co., Ltd. and other shareholders, the first largest|
|Explanation on associated relationship among the aforesaid||
||shareholder of the Company; and they do not belong to the|
|shareholders||
||consistent actionist regulated by the Management Measure|
||of Information Disclosure on Change of Shareholding for|
||Listed Company.|
|Explanation on shareholders involving margin business (if applicable)|Not 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
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
Since the beginning of this year, the company has continued to seize market opportunities and follow the trend, continuously promoted the improvement of internal management, strengthened the internal risk control, improved the early warning mechanism, and achieved the steady growth of thecompany’s comprehensive economic benefits. During the period, the Company achieved an operation revenue of 4.961 billion Yuan with a y-o-y growth of4.92%; profit amounted to 1.681 billion Yuan, an increase of14.94% from a year earlier; the net profit attributable to owners of parent company amounted as 1.545 billion Yuan, an increase of16.54% over same period of last year.
Main work in the first half of the year
1. Ensure the sustainable development of the traditional business market. Grasp the product market development,
无锡威孚高科技集团股份有限公司2018年半年度报告摘要 ensure related product projects to be approved by the main engine plants; focus on production delivery, the output of common rail products in the first half of the year reached a new high, and the supercharger products also had a good growth;
2. Accelerate the layout of new business and the implementation of projects. Plan and lay out new business, launch the cooperation project of hub motor business with Protean, the first delivery is 24 million US dollars, the joint venture project is progressing in an orderly manner.
3. Continue to promote the optimization and improvement of internal management. Sort out the management duty and function, optimize the organization; build a financial sharing center, plan and design the financial transformation; establish a group procurement sharing platform project to standardize, optimize and upgrade the existing system processes. Strengthen the security construction of thegroup’s information system and further improve the human resources management system.
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
In the Year, the wholly-owned subsidiary– Nanchang Weifu Leader Auto Parts Co., Ltd. was established by investment from Weifu Leader, the industrial and commerce record was completed on 8 March 2018, and there was no business exercise in the reporting period actually
Board of Directors of Weifu High-Technology Group Co., Ltd. 28 August 2018