Stock Code: 200468 Short Form of the Stock:*ST NJ TEL B Notice No.: 2017-063 Nanjing Putian Telecommunications Co., Ltd.
Text of 3Q Report of 2017
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 Li Linzhen and Gao Wen, accounting body principals (accountant in charge) hereby confirms that the Financial Report of the Third Quarterly Report is authentic, accurate and complete.
Section II Basic information of Company
I. Main accounting data and index
Whether it has retroactive adjustment or re-statement on previous accounting data or not
□Yes√No
||||||||
|-|-|-|-|-|-|-|
||Current period-end||Period-end of last year||Increase/decrease||
|Total assets (RMB)|2,810,980,871.88||2,304,519,167.54||21.98%||
|Net assets attributable to|340,177,305.19||339,838,415.21||||
|shareholders of listed company|||||0.10%||
|(RMB)|||||||
|||||||Increase/decrease in|
|||Increase/decrease in|||||
|||||From year-begin to||comparison with|
||Current period|comparison with same|||||
|||||end of the Period||year-begin to|
|||period of last year|||||
|||||||Period-end of last year|
|Operating revenue (RMB)|521,084,332.49|19.77%||1,533,480,739.88||20.76%|
|Net profit attributable to|13,585,613.61|||338,889.98|||
|shareholders of the listed company||1,240.75%||||101.52%|
|(RMB)|||||||
|Net profit attributable to|||||||
|shareholders of the listed company|||||||
||11,614,103.91|636.87%||-2,669,669.67||89.11%|
|after deducting non-recurring gains|||||||
|and losses (RMB)|||||||
|Net cash flow arising from||||-196,537,700.65|||
||--|--||||-90.84%|
|operating activities (RMB)|||||||
|Basic earnings per share|0.064|||0.002|||
|||1,166.67%||||101.92%|
|(RMB/Share)|||||||
|Diluted earnings per share|0.064|||0.002|||
|||1,166.67%||||101.92%|
|(RMB/Share)|||||||
|Weighted average ROE|4.08%|4.45%||0.10%||6.75%|

 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 thewrite-off that accrued for impairment of assets)|||
||-478,112.83||

||||
|-|-|-|
|Governmental subsidy reckoned into current gains/losses (not|||
|including the subsidy enjoyed in quota or ration according to|||
||1,870,225.30||
|national standards, which are closely relevant to enterprise’s|||
|business)|||
|Other non-operating income and expenditure except for the|||
||2,369,644.50||
|aforementioned items|||
|Less: impact on income tax|55,419.25||
|Impact on minority shareholders’ equity (post-tax)|697,778.07||
|Total|3,008,559.65|--|

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. Number of common shareholders and preference shareholders with voting rights recovered and top ten common shareholders
In Share
||||||||||
|-|-|-|-|-|-|-|-|-|
|||||Total preference shareholders|||||
|Total number of common||||with voting rights recovered at|||||
|||8,326|||||0||
|shareholders at the end of report|||||||||
|||||end of reporting period (if|||||
|period|||||||||
|||||applicable)|||||
|Top ten shareholders|||||||||
||||||Amount of|Number of share pledged/frozen|||
||Nature of|Proportion of|Amount of shares||||||
|Shareholders|||||non-tradable||||
||shareholder|shares held|held|||State of share||Amount|
||||||shares held||||
|China PotevioCompanyLimited|State-ownedcorporate|53.49%|115,000,000||115,000,000||||
|GUOTAIJUNANSECURITIES(HONGKONG)LIMITED|Overseascorporate|4.46%|9,596,527||0||||

||||||||
|-|-|-|-|-|-|-|
|ShenwanHongyuanSecurities (HongKong) co., LTD|Overseascorporate|4.46%|9,587,925|0|||
|Zhang Huai’an|Domestic natureperson|1.31%|2,807,000|0|||
|Zheng Enyue|Domestic natureperson|1.12%|2,405,739|0|||
|Sun Huiming|Domestic natureperson|0.93%|2,007,110|0|||
|Guosen Securities(HK) BrokerageCompanyLimited|Overseascorporate|0.87%|1,861,882|0|||
|Gu Jinhua|Domestic natureperson|0.83%|1,783,771|0|||
|BOCISECURITIESLIMITED|Overseascorporate|0.80%|1,716,945|0|||
|LI SHERYNZHAN MING|Overseas natureperson|0.53%|1,145,000|0|||
|Particular about top ten shareholders with tradable shares held|||||||
||||||Type of shares||
|Shareholders||Amount of tradable shares held|||||
||||||Type|Amount|
|GUOTAI JUNANSECURITIES(HONGKONG)LIMITED||9,596,527|||Domestically||
||||||listed foreign|9,596,527|
||||||shares||
|Shenwan Hongyuan Securities(Hong Kong) co., LTD||9,587,925|||Domestically||
||||||listed foreign|9,587,925|
||||||shares||
|Zhang Huai’an||2,807,000|||Domestically||
||||||listed foreign|2,807,000|
||||||shares||
|Zheng Enyue||2,405,739|||Domestically||
||||||listed foreign|2,405,739|
||||||shares||
|Sun Huiming||2,007,110|||Domestically||
||||||listed foreign|2,007,110|
||||||shares||

|||||
|-|-|-|-|
|Guosen Securities (HK) BrokerageCompany Limited|1,861,882|Domestically||
|||listed foreign|1,861,882|
|||shares||
|Gu Jinhua|1,783,771|Domestically||
|||listed foreign|1,783,771|
|||shares||
|BOCI SECURITIES LIMITED|1,716,945|Domestically||
|||listed foreign|1,716,945|
|||shares||
|LI SHERYN ZHAN MING|1,145,000|Domestically||
|||listed foreign|1,145,000|
|||shares||
|Jin Yunhua|950,162|Domestically||
|||listed foreign|950,162|
|||shares||
|Explanation on associated|Among the top ten shareholders, China Potevio Company Limited is neither a related party|||
|relationship among the top ten|nor a person acting in concert with the others. It’s unknown by the Company whether there|||
|shareholders or consistent action|are related parties or persons acting in concert among the other shareholders.|||
|Explanation on shareholders||||
|involving margin business about top||||
||N/A|||
|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
□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|2017-9-30 (RMB)|2016-12-31 (RMB)|Changed amount|+,- (%)|Main reasons for major|
||||(RMB)||changes|
||194,707,874.63|519,683,411.72|-324,975,537.09|-62.53%|Payables due for goods|
||||||increased on a y-o-y basis;|
|Monetary fund||||||
||||||and bank loans declined in|
||||||the period|
||39,976,260.73|59,748,722.91|-19,772,462.18|-33.09%|Payment on goods are paid|
|Notes payable|||||by acceptance draft in the|
||||||period|
|Account paid in|395,091,619.82|44,578,182.05|350,513,437.77|786.29%|Purchase of receivable paid|
|advance|||||in advance increased|
|Stock|771,308,222.46|527,931,889.47|243,376,332.99|46.10%|The products manufactured|
||||||according to the contract|
||||||have not been paid at|
||||||period-end|
|Other current|39,820,185.29|6,842,370.71|32,977,814.58|481.96%|Pending deduct VAT on|
|assets|||||purchase increased|
|Bills payable|13,681,990.00|83,071,160.95|-69,389,170.95|-83.53%|Payment for goods are paid|
||||||by acceptance draft decreased|
||||||in the period|
|Accounts payable|1,212,747,044.00|897,012,031.63|315,735,012.37|35.20%|Account payable for products|
||||||purchasing increased in the|
||||||period|
|Payment in|612,904,406.14|310,313,462.24|302,590,943.90|97.51%|Payment for goods received|
|advance|||||in advance from clients|
||||||increased in the period|
|Tax payable|13,501,691.01|24,491,066.21|-10,989,375.20|-44.87%|Taxes payable are paid in the|
||||||period|
|Deferred income|8,136,257.32|1,599,211.58|6,537,045.74|408.77%|Received government grants|
||||||in the period, and reckoned|
||||||into deferred income|
|Items|From Jan. to|From Jan. to|Changed amount|+,- (%)|Main reasons for major|
||Sept. of 2017|Sept. of 2016|(RMB)||changes|
|Investment income|-849,185.37|897,964.98|-1,747,150.35|-194.57%|Net profit from joint-stock|

|||||||
|-|-|-|-|-|-|
||||||enterprises declined on a|
||||||y-o-y basis|
|Non operating|4,431,708.67|7,384,026.58|-2,952,317.91|-39.98%|According to the change of|
|income|||||accounting policy, VAT|
||||||refunds counted in Other|
||||||Income|
|Operating profit|15,683,565.91|-15,241,407.63|30,924,973.54|202.90%|In reporting period, the|
|Total profit|19,275,490.66|-8,548,888.17|27,824,378.83|325.47%|Company optimize and adjust|
|Net profit|13,073,944.74|-13,416,723.52|26,490,668.26|197.45%|the industrial structure,|
||||||expending new projects, and|
||338,889.98|-22,300,037.16|22,638,927.14|101.52%||
||||||making more efforts on|
|Net profit||||||
||||||entity governance for deficit|
|attributable to||||||
||||||operation as well as on cost|
|owners’ of parent||||||
||||||control, as a results, the|
|company||||||
||||||operation revenue and profit|
||||||increased on a y-o-y basis|
|Net cash flow|-196,537,700.65|-102,986,761.84|-93,550,938.81|-90.84%|More purchase money paid in|
|arising from|||||the period|
|financial activities||||||
|Net cash flow|-8,474,958.17|-4,026,846.85|-4,448,111.32|-110.46%|Cash paid for purchasing|
|arising from|||||fixed assets are increased in|
|investment|||||the period|
|activities||||||
|Net cash flow|-113,109,354.78|-22,403,170.87|-90,706,183.91|-404.88%|Bank loans in the period|
|arising from|||||decreased over that of last|
|financing activities|||||year|
||-318,145,249.49|-129,689,872.70|-188,455,376.79|-145.31%|Cash flow arising from|
|Net increase of|||||operation/investment and|
|cash and cash|||||financing activities are|
|equivalent|||||declined on a y-o-y basis in|
||||||the period|

II. Progress and influence of the main events as well as solution analysis specification
√Applicable□ Not applicable
The Company has negative results of net profit attributable to shareholder of listed company, which has been audited, for three years in a row (that is 2014, 2015 and 2016). And according to the regulation of Shenzhen Stock Exchange, stock of the Company suspend since 11 May 2017. We are carrying out works for operation improvement in a deep-going way, strive to resume listing. The specific measures and relevant progress of works can be found in “Notice of Measures for Resume Listing and Relevant Progress of Works” released monthly.
||||
|-|-|-|
|||Information index for temporary report|
|Overview|Date for disclosure||
|||disclosure|

||||
|-|-|-|
|Notice of Suspend Listing|2017-05-09|Juchao Website (www.cninfo.com.cn)|
|Notice of Measures for Resume Listingand Relevant Progress of Works|2017-06-07|Juchao Website (www.cninfo.com.cn)|
||2017-07-07|Juchao Website (www.cninfo.com.cn)|
||2017-08-05|Juchao Website (www.cninfo.com.cn)|
||2017-09-07|Juchao Website (www.cninfo.com.cn)|
||2017-10-13|Juchao Website (www.cninfo.com.cn)|

 III. Commitments that the company, shareholders, actual controller, offeror, directors, supervisors, senior management or other related parties have fulfilled during the reporting period and have not yet fulfilled by the end of reporting period
□ Applicable√ Not applicable
There are no commitments that the company, shareholders, actual controller, offeror, directors, supervisors, senior management or other related parties have fulfilled during the reporting period and have not yet fulfilled by the end of reporting period.
IV. Estimation of operation performance for year of 2017
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. Particulars about derivatives investment
□ Applicable√ Not applicable
The Company had no derivatives investment in Period.
VII. Registration form for receiving research, communication and interview in the report period
□ Applicable√ Not applicable
No registration form for receiving research, communication or interview in the Period.
VIII. Guarantee outside against the regulation
□Applicable√Not applicable
The Company had no guarantee outside against the regulation in the reporting period.
IX. Non-operational fund occupation from controlling shareholders and its related party
□ Applicable√ Not applicable
The Company had no non-operational fund occupation form controlling shareholders and its related party in the period.
X. Fulfill the precise social responsibility for poverty alleviation
1. Summary of targeted poverty alleviation
According to the unified arrangements of Nanjing Economic and Information Commission, the company will help the Liuhe District– Molihua Village in pairs during the 13th Five-Year Plan. We have a site visiting recently, and according to the learned situation and combined with the company's actual situation; it is currently developing the targeted poverty alleviation program for the 13th Five-Year period.
2. Target poverty alleviation for the 3Q
||||
|-|-|-|
|Index|Unit of measure|Quantity /implementation|
|I. Overall condition|——|——|
|II. Poverty alleviation by items|——|——|
|1.Industry development|——|——|
|2.Shift employment|——|——|
|3.Relocating in other places|——|——|
|4.Education|——|——|
|5.Health|——|——|
|6.Ecological protection|——|——|
|7. Reveal all the details|——|——|
|8.society|——|——|
|9.other|——|——|
|III. Award received (content and grade)|——|——|

3. Follow-up target poverty alleviation
Currently, the Company still in preparation of the poverty alleviation plan, and will carry out target poverty alleviation in line with the plan in later period.
Board of Directors of
Nanjing Putian Telecommunications Co., Ltd. 28 October 2017