FIYTA HOLDINGS LTD. 2018 Third Quarterly Report, Summary Stock Code: 000026 200026 Short Form of the Stock: FIYTA A, FIYTA B Announcement No: 2018-024 FIYTA HOLDINGS LTD.
FIYTA HOLDINGS LTD. 2018 Third Quarterly Report, Summary Section 1 Important Notice
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 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.
Huang Yongfeng, the Company leader, Chen Zhuo, chief financial officer, and Tian Hui, the manager of the accounting department (treasurer) hereby confirm the authenticity and completeness of the financial report enclosed in this Quarterly Report.
FIYTA HOLDINGS LTD. 2018 Third Quarterly Report, Summary Section 2 Company Profile
I. Summary of Accounting/Financial Data
Does the Company need to make retroactive adjustment or restatement of the accounting data of the previous years? No
||||||||
|-|-|-|-|-|-|-|
||||||Increase/decrease at the end of||
||End of the reporting period||End of the previous year||the year over the end of the||
||||||previous year||
|Total assets (in CNY)|3,617,355,221.8||5 3,579,789,692.90||1.05%||
|Net profit attributable to the Company’s|2,551,130,509.8||5 2,467,967,361.20||||
||||||3.37%||
|shareholders, in CNY|||||||
|||||||Increase/decrease from|
|||||||the year beginning to the|
|||Year-on-year||From the year beginning|||
|||||||end of the reporting|
||Reporting period|increase/decrease in the||to the end of the|||
|||||||period over the same|
|||reporting period||reporting period|||
|||||||period of the previous|
|||||||year|
|Revenue in CNY|868,796,654.10|-0.84%||2,564,688,086.82||3.60%|
|Net profit attributable to the Company’s|50,293,172.83|||162,661,094.27|||
|||0.91%||||19.12%|
|shareholders, in CNY|||||||
|Net profit attributable to the Company’s|||||||
|shareholders less the non-recurring|48,421,717.54|-2.09%||148,181,088.71||9.44%|
|items, in CNY|||||||
|Net cash flows arising from operating||||290,588,474.72|||
||--|--||||-20.02%|
|activities, in CNY|||||||
|Basic earning per share (CNY/share)|0.1146|0.88%||0.3707||19.12%|
|Diluted earning per share (CNY/share)|0.1146|0.88%||0.3707||19.12%|
|Return on equity, weighted average|2.09%|4.05%||6.55%||15.59%|

 Non-recurring gain/loss items and the amount involved
In CNY
||||
|-|-|-|
||Amount from the year beginning||
|Items||Notes|
||to the end of the reporting period||
|Gain/loss from disposal of non-current assets, including the part offsetfrom the provision for impairment of assets.|||
||-66,731.60||
|Government subsidy credited to the current gain and loss (except the|||
|government subsidies closely related with the Company’s business and|8,857,885.99||
|enjoyable according to the unified standard quota or fixed amount|||

FIYTA HOLDINGS LTD. 2018 Third Quarterly Report, Summary
||||
|-|-|-|
|specified by the central government).|||
|Reversal of the provision for impairment of accounts receivable which||Recovery of the account receivable|
||7,533,121.86||
|underwent separate impairment testing||written off in the previous year|
|Other various non-operating revenue and expenditure with the aforesaid|||
||-296.65||
|items exclusive|||
|Less: Amount affected by the income tax|1,843,974.04||
|Total|14,480,005.56|--|

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. Statement of total shareholders and shares held by the top 10 shareholders by the end of the reporting period 1. Statement of total ordinary shareholders and the preferred shareholders with their voting power recovered and the shares held by the top 10 shareholders
In shares
||||||||||
|-|-|-|-|-|-|-|-|-|
|||||Total preferred shareholders with|||||
|Total common shareholders at the end of||||their voting power recovered at|||||
|||32,369|||||0||
|the reporting period||||the end of the reporting period (if|||||
|||||any)|||||
|Shareholding by top 10 shareholders|||||||||
||||||Number of the|Pledging or freezing|||
|Names of the|Nature of the|Shareholding|Shareholding||||||
||||||restricted shares|Status of the|||
|Shareholders|shareholder|proportion|quantity|||||Quantity|
||||||held|shares|||
|AVIC InternationalHolding Limited|State corporate|37.15%|162,977,327||0||||
|Wan Zhongbo|Domestic naturalperson|2.62%|11,485,227||0||||
|National SocialSecurity Fund 114Portfolio|Domesticnon-state-ownedcorporate|2.20%|9,657,744||0||||
|#Yang Zugui|Domestic naturalperson|2.17%|9,500,969||0||||
|ChongqingInternational TrustCo., Ltd. -RONGXINTONG|Domesticnon-state-ownedcorporate|1.39%|6,120,391||0||||

FIYTA HOLDINGS LTD. 2018 Third Quarterly Report, Summary
||||||||
|-|-|-|-|-|-|-|
|Series UnitrustNo.10|||||||
|ChongqingInternational TrustCo., Ltd. - YUXINTrust No.2|Domesticnon-state-ownedcorporate|1.36%|5,982,200|0|||
|Xizang InvestmentCo., Ltd.|State corporate|1.13%|4,976,551|0|||
|MANULIFE TEDAFund－ MinshengBank－MANULIFETEDA ValueGrowth OrientedAdditional IssueNo. 351 AssetsManagementProgram|Domesticnon-state-ownedcorporate|1.12%|4,893,559|0|||
|Industrial andCommercial Bankof China Co., Ltd. -FUGUO TIANHUISelected GrowthGrowth MixedSecuritiesInvestment Fund(LOF)|Domesticnon-state-ownedcorporate|0.95%|4,177,282|0|||
|Shenzhen HeliFengyuanCommerce & TradeCo., Ltd.|Domesticnon-state-ownedcorporate|0.75%|3,300,000|0|||
|Shares held by top 10 shareholders of unrestricted shares|||||||
||||||Share type||
|Names of the Shareholders||Quantity of unrestricted shares held|||||
||||||Share type|Quantity|
|AVIC International Holding Limited||162,977,327|||CNY ordinary||
|||||||162,977,327|
||||||shares||
|Wan Zhongbo||11,485,227|||CNY ordinary||
|||||||11,485,227|
||||||shares||
|National Social Security Fund 114Portfolio||9,657,744|||CNY ordinary||
|||||||9,657,744|
||||||shares||
|#Yang Zugui||9,500,969|||CNY ordinary||
|||||||9,500,969|
||||||shares||

FIYTA HOLDINGS LTD. 2018 Third Quarterly Report, Summary
|||||
|-|-|-|-|
|Chongqing International Trust Co., Ltd. -RONGXINTONG Series Unitrust No.10|6,120,391|CNY ordinary||
||||6,120,391|
|||shares||
|Chongqing International Trust Co., Ltd. -YUXIN Trust No.2|5,982,200|CNY ordinary||
||||5,982,200|
|||shares||
|Xizang Investment Co., Ltd.|4,976,551|CNY ordinary||
||||4,976,551|
|||shares||
|MANULIFE TEDA Fund－ MinshengBank－MANULIFE TEDA Value GrowthOriented Additional Issue No. 351 AssetsManagement Program|4,893,559|||
|||CNY ordinary||
||||4,893,559|
|||shares||
|Industrial and Commercial Bank ofChina Co., Ltd. - FUGUO TIANHUISelected Growth Growth MixedSecurities Investment Fund (LOF)|4,177,282|||
|||CNY ordinary||
||||4,177,282|
|||shares||
|Shenzhen Heli Fengyuan Commerce &Trade Co., Ltd.|3,300,000|CNY ordinary||
||||3,300,000|
|||shares||
||Of the top 10 shareholders, both Chongqing International Trust Co., Ltd. - Rongxintong Serial Order -|||
|Explanation on associated relationship||||
||No. 10 Trust and Chongqing International Trust Co., Ltd. - YUXINTrust No. 2 are subsidiaries of|||
|or consistent action of the above||||
||Chongqing International Trust Co., Ltd. Both of them are holding 12,102,591 shares in total in the|||
|shareholders||||
||Company, which takes 2.76% of the Company's total shares.|||

Did the top ten common shareholders or top ten shareholders of unrestricted common shares conduct contractual repurchase during the reporting period?
No
2. Total preferred shareholders and the shares held by the top 10 preferred shareholders
Inapplicable
FIYTA HOLDINGS LTD. 2018 Third Quarterly Report, Summary Section 3 Significant Events
I. Changes of the major financial data and financial indicators during the reporting period and the causes (I) Balance sheet items
||||||
|-|-|-|-|-|
|||Opening|Proportion ofchanges||
|Items|Ending balance|||Cause of the movement|
|||balance|||
|Notes receivable andaccounts receivable||||Mainly due to increase of the accounts receivablefor goods at the end of the reporting period|
||447,658,811.44|335,948,508.62|33.25%||
|||||Mainly due to increase of the cash deposit andexpense payment to be cleared at the end of thereporting period.|
|Other receivables|45,889,700.23|34,990,539.09|31.15%||
|||||Mainly due to increase of the accrued expenses atthe end of the reporting period|
|Other payables|90,821,473.07|59,232,265.75|53.33%||
|Other comprehensive income|-3,272,411.80|-11,523,442.39|71.60%|Mainly due to movement of the translation reserve|

 (II) Items of the profit statement in the reporting period
||||||
|-|-|-|-|-|
||Amount incurredin the reportingperiod|Amount|||
||||Proportion ofchanges||
|Items||incurred in the||Cause of the movement|
|||previous period|||
|||||It was mainly due to decrease of the bank loansover the same period of the previous year duringthe reporting period|
|Financial expenses - interestexpenses|||||
||6,789,639.39|10,290,602.12|-34.02%||
|||||It was due to decrease of the provision for bad debtand provision for price falling of inventories over thesame period of the previous year in the reportingperiod.|
|Loss from impairment ofassets|||||
||268,853.55|8,416,056.39|-96.81%||
|||||It was due to increase of the government subsidiesreceived in the reporting period|
|Other income|2,360,867.19|936,793.49|152.02%||
|Net of other comprehensiveincome after tax|||||
||9,644,276.18|-5,344,611.15|280.45%|Mainly due to movement of the translation reserve|

(III) Items of the profit statement from the year beginning to the end of the reporting period
||||||
|-|-|-|-|-|
||Amount incurredin the reportingperiod|Amount incurred|||
||||Proportion ofchanges||
|Items||in the previous||Cause of the movement|
|||period|||
|||||It was mainly due to decrease of the bank loansover the same period of the previous year duringthe reporting period|
|Financial expenses - interest|||||
||21,062,682.52|33,537,532.63|-37.20%||
|expenses|||||
|||||It was due to decrease of the provision for bad debtand provision for price falling of inventories over the|
|Loss from impairment of assets|-3,144,146.56|21,199,745.69|-114.83%||

FIYTA HOLDINGS LTD. 2018 Third Quarterly Report, Summary
||||||
|-|-|-|-|-|
|||||same period of the previous year in the reporting|
|||||period.|
|||||It was due to increase of the government subsidies|
|Other income|8,857,885.99|2,414,836.49|266.81%||
|||||received in the reporting period|
|Net of other comprehensiveincome after tax|||||
||8,251,321.19|1,741,879.37|373.70%|Mainly due to movement of the translation reserve|

(IV) Items of the cash flow statement from the year beginning to the end of the reporting period
||||||
|-|-|-|-|-|
||Amount incurred|Amount incurredin the previousperiod|||
||||Proportion ofchanges||
|Items|in the reporting|||Cause of the movement|
||period||||
|||||It was due to increase of the export rebates|
|Rebated taxes received|4,010,283.82|863,877.72|364.22%||
|||||received in the reporting period|
|Other business activity relatedreceiptsRelevant cash|||||
|||||It was mainly due to the government subsidies|
||34,995,312.97|24,629,308.80|42.09%||
|||||received in the reporting period|
|||||It was due to increase of the dividend distributed in|
|Cash paid for dividend/profitdistribution or repayment ofinterest||||the current year over the previous year and at the|
||110,277,877.06|76,460,575.01|44.23%|same time decrease of the interest paid for the|
|||||bank loan over the same period of the previous|
|||||year.|
|Cash flows arising fromfund-raising activitiesNet cash flow||||It was mainly due to decrease of the bank loans|
||-191,101,925.83|-422,748,445.73|54.80%|over the same period of the previous year during|
|||||the reporting period|
|||||It was mainly due to decrease of the bank loans|
|Net cash and cash equivalentsAmount increased|||||
||11,243,794.77|-145,502,390.65|107.73%|over the same period of the previous year during|
|||||the reporting period|

II. Progress of significant events, their effects and analysis on the solutions
Inapplicable
FIYTA HOLDINGS LTD. 2018 Third Quarterly Report, Summary Section 3 Significant Events
I. Changes of the major financial data and financial indicators during the reporting period and the causes
(I) Balance sheet items
|||||||
|-|-|-|-|-|-|
|Items||Endingbalance|Openingbalance|Proportionof changes||
||||||Cause of the movement|
|Notes receivable andaccounts receivable|||||Mainly due to increase of the accountsreceivable for goods at the end of thereporting period|
|||447,658,811.44|335,948,508.62|33.25%||
||||||Mainly due to increase of the cash depositand expense payment to be cleared at theend of the reporting period.|
||Other receivables|45,889,700.23|34,990,539.09|31.15%||
||||||Mainly due to increase of the accruedexpenses at the end of the reportingperiod|
||Other payables|90,821,473.07|59,232,265.75|53.33%||
||Other comprehensive||||Mainly due to movement of the translationreserve|
|||-3,272,411.80|-11,523,442.39|71.60%||
||income|||||

(II) Items of the profit statement in the reporting period
||||||
|-|-|-|-|-|
||Amountincurred in thereportingperiod|Amountincurred in thepreviousperiod|||
||||Proportionof changes||
|Items||||Cause of the movement|
|||||It was mainly due to decrease of the bankloans over the same period of the previousyear during the reporting period|
|Financial expenses -interest expenses|||||
||6,789,639.39|10,290,602.12|-34.02%||
|||||It was due to decrease of the provision forbad debt and provision for price falling ofinventories over the same period of theprevious year in the reporting period.|
|Loss from impairment ofassets|||||
||268,853.55|8,416,056.39|-96.81%||
|||||It was due to increase of the governmentsubsidies received in the reporting period|
|Other income|2,360,867.19|936,793.49|152.02%||
|Net of othercomprehensive incomeafter tax|||||
|||||Mainly due to movement of the translationreserve|
||9,644,276.18|-5,344,611.15|280.45%||

(III) Items of the profit statement from the year beginning to the end of the reporting period
||||||
|-|-|-|-|-|
||Amountincurred in the|Amountincurred in the|Proportionof changes||
|Items||||Cause of the movement|

FIYTA HOLDINGS LTD. 2018 Third Quarterly Report, Summary
|||||||
|-|-|-|-|-|-|
||reporting|previousperiod||||
||period|||||
||||-37.20%||It was mainly due to decrease of the bank|
|Financial expenses -interest expenses||||||
||21,062,682.52|33,537,532.63||-37.20%|loans over the same period of the previous|
||||||year during the reporting period|
||||-114.83%||It was due to decrease of the provision for|
|Loss from impairment ofassets|||||bad debt and provision for price falling of|
||-3,144,146.56|21,199,745.69||-114.83%||
||||||inventories over the same period of the|
||||||previous year in the reporting period.|
||||266.81%||It was due to increase of the government|
|Other income|8,857,885.99|2,414,836.49||266.81%||
||||||subsidies received in the reporting period|
|Net of othercomprehensive incomeafter tax|||373.70%|||
||||||Mainly due to movement of the translation|
||8,251,321.19|1,741,879.37||373.70%||
||||||reserve|

(IV) Items of the cash flow statement from the year beginning to the end of the reporting period
|||||||
|-|-|-|-|-|-|
||Amountincurred in thereporting period|Amount||Cause of the movement||
||||Proportion|||
|Items||incurred in the||||
||||of changes|||
|||previous period||||
||||||Increase of the export rebates received|
|Rebated taxes received|4,010,283.82|863,877.72|364.22%|||
||||||in the reporting period|
|Other business activity|||||It was mainly due to the government|
|related receipts|34,995,312.97|24,629,308.80|42.09%||subsidies received in the reporting|
|Relevant cash|||||period|
||||||It was due to increase of the dividend|
|Cash paid for|||||distributed in the current year over the|
|dividend/profit|||||previous year and at the same time|
||110,277,877.06|76,460,575.01|44.23%|||
|distribution or repayment|||||decrease of the interest paid for the|
|of interest|||||bank loan over the same period of the|
||||||previous year.|
||||||It was mainly due to decrease of the|
|Cash flows arising from||||||
||||||bank loans over the same period of the|
|fund raising activities|-191,101,925.83|-422,748,445.73|54.80%|||
||||||previous year during the reporting|
|Net cash flow||||||
||||||period|
||||||It was mainly due to decrease of the|
|Net cash and cash||||||
||||||bank loans over the same period of the|
|equivalents|11,243,794.77|-145,502,390.65|107.73%|||
||||||previous year during the reporting|
|Amount increased||||||
||||||period|

FIYTA HOLDINGS LTD. 2018 Third Quarterly Report, Summary III. Commitments unfinished in implementation by the Company's actual controller, shareholders, related parties, acquirer and the Company, etc. in the reporting period Inapplicable
IV. Prediction of the Performances in Year 2018
Inapplicable
V. Portfolio investment
Inapplicable
VI. Entrusted financial management
Inapplicable
VII. Investment in derivatives
Inapplicable
VIII. Registration of the activities of reception of investigators, communications, interviews, etc. during the reporting period
Inapplicable
IX. Outward guarantee against regulations
Inapplicable
X. The Company's funds occupied by its controlling shareholder or/and related parties for non-operating purpose
Inapplicable