Report for the Third Quarter of 2015 of Changchai Company, Limited Changchai Company, Limited
Report for the Third Quarter of 2015 October 2015
Report for the Third Quarter of 2015 of Changchai Company, Limited Section I. Important Reminders, Contents& Definition
The Board of Directors, the Supervisory Committee as well as all directors, supervisors and senior management staff of Changchai Company, Limited (hereinafter referred to as “the Company”) warrant that this report is factual, accurate and complete without any false record, misleading statement or material omission. And they shall be jointly and severally liable for that.
All directors attended the board session for reviewing this report.
Mr. Xue Guojun, company principal, Mr. He Jianguang, chief of the accounting work, and Mr. Jiang He, chief of the accounting organ (chief of accounting), hereby confirm that the Financial Statements enclosed in this report are factual, accurate and complete.
This report is prepared in both Chinese and English. Should there be any discrepancy between the two versions, the Chinese version shall prevail.
Section II. Financial Highlights& Change of Shareholders
I. Major accounting data and financial indexes
Does the Company adjust retrospectively or restate accounting data of previous years due to change of the accounting policy or correction of any accounting error?
□ Yes√ No
||||||||
|-|-|-|-|-|-|-|
||30 Sept. 2015||31 Dec. 2014||Increase/decrease (%)||
|Total assets (RMB Yuan)|3,346,383,519.67||3,166,783,758.18||5.67%||
|Net assets attributable to|1,970,007,385.88||1,936,936,835.27||||
|shareholders of the Company|||||1.71%||
|(RMB Yuan)|||||||
|||YoY increase/decrease||||YoY increase/decrease|
||Jul.-Sept. 2015|||Jan.-Sept. 2015|||
|||(%)||||(%)|
|Operating revenues (RMB Yuan)|815,273,308.97|36.73%||2,175,169,209.66||12.35%|
|Net profit attributable to|36,184,587.95|||73,747,987.13|||
|shareholders of the Company||116.15%||||44.48%|
|(RMB Yuan)|||||||
|Net profit attributable to|35,546,486.10|128.87%||71,257,105.38|||
|shareholders of the Company after||||||45.27%|
|extraordinary gains and losses|||||||
|(RMB Yuan)|||||||
|Net cash flows from operating|--|--||95,644,083.47||——|
|activities (RMB Yuan)|||||||
|Basic EPS (RMB Yuan/share)|0.06|100.00%||0.13||44.44%|

Report for the Third Quarter of 2015 of Changchai Company, Limited
||||||
|-|-|-|-|-|
|Diluted EPS (RMB Yuan/share)|0.06|100.00%|0.13|44.44%|
|Weighted average ROE|1.77%|0.86%|3.78%|1.02%|

 Items and amounts of extraordinary gains and losses
√Applicable□Inapplicable
Unit: RMB Yuan
||||
|-|-|-|
|Item|Amount as of Jan.-Sept. 2015|Note|
|Gains/losses on the disposal of non-current assets (including the|||
||60,283.84||
|offset part of the asset impairment provisions)|||
|Government grants recognized in the current period, except for|||
|those acquired in the ordinary course of business or granted at|||
||5,649,480.22||
|certain quotas or amounts according to the government’s unified|||
|standards|||
|Capital occupation charges on non-financial enterprises that|||
||1,042,635.82||
|recorded into current gains and losses|||
|Gains and losses on change in fair value from tradable financial|||
|assets and tradable financial liabilities, as well as investment|||
|income from disposal of tradable financial assets and tradable|||
||834,000.00||
|financial liabilities and financial assets available for sales except|||
|for effective hedging related with normal businesses of the|||
|Company|||
|Other non-operating income and expenses than the above|-4,583,881.87||
|Less: Income tax effects|522,620.67||
|Minority interests effects (after tax)|-10,984.41||
|Total|2,490,881.75|--|

Explain the reasons if the Company classifies an item as an extraordinary gain/loss according to the definition in the Explanatory Announcement No. 1 on Information Disclosure for Companies Offering Their Securities to thePublic—Extraordinary Gains and Losses, or classifies any extraordinary gain/loss item mentioned in the said explanatory announcement as a recurrent gain/loss item
□ Applicable√ Inapplicable
No such cases during the reporting period.
II. Total number of shareholders and shareholdings of the top ten shareholders at the period-end
1. Total number of common shareholders and shareholdings of the top ten common shareholders at the period-end
Unit: share
|||
|-|-|
|Total number of common shareholders at the period-end|61,219|
|Shareholdings of the top ten common shareholders||

Report for the Third Quarter of 2015 of Changchai Company, Limited
||||||||||
|-|-|-|-|-|-|-|-|-|
|||Shareholdin|||Number of|Pledged or frozen shares|||
||Nature of||Number of the||||||
|Name of shareholder||g percentage|||restricted shares|Status of||Number of|
||shareholder||shares held||||||
|||(%)|||held|shares||shares|
|State-owned Assets Supervision andAdministration Commission ofChangzhou Municipal People’sGovernment|On behalf ofthe State|30.43%|170,845,236||||||
|Huang Lihou|Domesticindividual|1.02%|5,705,000||||||
|Ye Tingshe|Domesticindividual|0.78%|4,362,300||||||
|Lhasa Ruida Investment AdvisoryManagement Co., Ltd.|Other|0.69%|3,890,333||||||
|CHINA SECURITIES FINANCECORPORATION LIMITED|Other|0.59%|3,305,900||||||
|KGI ASIA LIMITED|Foreigncorporation|0.57%|3,224,845||||||
|BNP PARIBAS WEALTHMANAGEMENT HONG KONGBRANCH|Foreigncorporation|0.55%|3,099,873||||||
|Chen Jinhong|Domesticindividual|0.51%|2,849,100||||||
|China Everbright Bank Co., Ltd. - UBSSDIC Innovation Power EquitySecurities Investment Fund|Other|0.44%|2,458,000||||||
|Li Min|Domesticindividual|0.34%|1,918,950||||||
|Shareholdings of the top ten non-restricted common shareholders|||||||||
|||Number of non-restricted||Type of shares|||||
|Name of shareholder||common shares held at|||||||
|||||Type|||Number||
|||the period-end|||||||
|State-owned Assets Supervision and AdministrationCommission of Changzhou Municipal People’sGovernment||170,845,236|||||||
|||||RMB ordinary share|||170,845,236||
|Huang Lihou||5,705,000||RMB ordinary share|||5,705,000||
|Ye Tingshe||4,362,300||RMB ordinary share|||4,362,300||
|Lhasa Ruida Investment Advisory Management Co., Ltd.||3,890,333||RMB ordinary share|||3,890,333||
|CHINA SECURITIES FINANCE CORPORATIONLIMITED||3,305,900|||||||
|||||RMB ordinary share|||3,305,900||

Report for the Third Quarter of 2015 of Changchai Company, Limited
|||||
|-|-|-|-|
|KGI ASIA LIMITED|3,224,845|Domestically listed foreign||
||||3,224,845|
|||share||
|BNP PARIBAS WEALTH MANAGEMENT HONGKONG BRANCH|3,099,873|Domestically listed foreign||
||||3,099,873|
|||share||
|Chen Jinhong|2,849,100|RMB ordinary share|2,849,100|
|China Everbright Bank Co., Ltd. -UBS SDIC InnovationPower Equity Securities Investment Fund|2,458,000|||
|||RMB ordinary share|2,458,000|
|Li Min|1,918,950|RMB ordinary share|1,918,950|
||It’s unknown whether there was any associated relationship among other|||
|Explanation on associated relationship or persons acting|shareholders of the top ten shareholders, or whether there is any|||
|in concert among the above-mentioned shareholders|action-in-concert among them regarding to Administrative Measures on|||
||Changes in Holdings.|||
||The shareholder, Huang Lihou hold 5,705,000 shares of the Company|||
||through the securities ordinary account and the customer credit collateral|||
||securities trading account with the shareholding proportion of 1.02%, of|||
||which, owning to participating in the financing and securities loans|||
|Explanation on the top 10 common shareholders||||
||business during the reporting period, he hold 5,600,000 shares of the|||
|participating in the financing and securities loans||||
||Company through the customer credit collateral securities trading account|||
|business (if any)||||
||of Guotai Junan Co., Ltd. with the shareholding proportion of 1.00%. The|||
||shareholder, Li Min hold 1,918,950 shares of the Company through the|||
||customer credit collateral securities trading account of Guosen Securities|||
||Co., Ltd. with the shareholding proportion of 0.34%.|||

Did any shareholder of the top 10 common shareholders and top 10 shareholders holding not subject to trading moratorium the Company carries out an agreed buy-back in the reporting period?
□ Yes√ No
There was no shareholder of the top 10 common shareholders and top 10 shareholders holding not subject to trading moratorium the Company carries out an agreed buy-back in the reporting period
2. Total number of preferred shareholders at the period-end and shareholdings of top 10 preferred shareholders
□ Applicable√ Inapplicable
Report for the Third Quarter of 2015 of Changchai Company, Limited Section III. Significant Events
I. Major changes in main accounting statement items and financial indicators in the reporting period, as well as reasons for the changes
√ Applicable□ Inapplicable
(1) Accounts receivable at the period-end increased by RMB 482.5145 million from the amount at the year-beginning, an increase of128.90%, mainly because destocking measures such as marketing enhancement were taken to reduce the inventories for product upgrade.
(2) Prepayments at the period-end decreased by RMB 8.4595 million from the amount at the year-beginning, a decrease of56.05%, mainly because we reduced the prepayments to our suppliers to control the stock.
(3) Other receivables at the period-end increased by RMB 8.8694 million from the amount at the year-beginning, an increase of102.39%, mainly because of the money on call from subsidiary Housheng Investment to Xuzhou East China Foundry General Factory, etc.
(4) Inventories at the period-end decreased by RMB 244.6116 million from the amount at the year-beginning, a decrease of49.16%, mainly because we enhanced sales to meetcustomers’ needs.
(5) Payroll payable at the period-end decreased by RMB 29.7223 million from the amount at the year-beginning, a decrease of48.48%, mainly because the salary and bonus provisions made in the last period were partially paid in the current period.
(6) Taxes and fares payable at the period-end increased by RMB 30.5937 million from the amount at the year-beginning, an increase of210.82%, mainly because the VAT payable increased as the sales income increased. (7) Other payables at the period-end increased by RMB 95.6121 million from the amount at the year-beginning, an increase of48.64%, mainly because the selling concessions, discounts and allowances increased as the sales income increased.
(8) Asset impairment losses in the reporting period increased by RMB 14.2784 million from the amount in the same period of last year, an increase of698.67%, mainly because ordinary bad-debt provisions increased as accounts receivable increased.
(9) Net profits attributable to the owners of the Company in the reporting period increased by RMB 22.7041 million from the amount in the same period of last year, an increase of44.48%, mainly because destocking measures such as marketing enhancement were taken, resulting in a significant increase in the sales income and profits, with a larger proportion of multi-cylinder diesel engines in the total sales income; meanwhile, the gross profits increased as a result of the falling prices of raw and auxiliary materials as well as our excellent cost control.
II. Progress of significant events and analysis& explanations on their influence and solutions□ Applicable√ Inapplicable
Report for the Third Quarter of 2015 of Changchai Company, Limited III. Commitments made by the Company or any shareholder with a shareholding over5% in the reporting period or such commitments made in previous period and carried down into the reporting period
√ Applicable□ Inapplicable
|||||||
|-|-|-|-|-|-|
||Commitment||Time of making|Period of||
|Commitment||Contents|||Fulfillment|
||maker||commitment|commitment||
|Commitment on share||||||
|reform||||||
|Commitment in the||||||
|acquisition report or the||||||
|report on equity changes||||||
|Commitments made upon||||||
|the assets reorganization||||||
|Commitments made upon||||||
|IPO or refinancing||||||
|||1. Committed not to decrease the||||
|||shareholding of the stocks of “Su||||
|||Changchai A” within 6 months||||
|||since 10 Jul. 2015 and to||||
|||maintain the market stabilization||||
|||by practical action as well as to||||
|||practically protect the interests of||||
|||the investors.|||The|
|||2. According to the market|||shareholding|
||State-owned|situation, within the allowable|||increase|
||Assets|range of the laws and regulations,|||commitment|
||Supervision and|committed to contribute of|||had completed|
|Other commitments made to|Administration|RMB20 million for increasing the||10 Jul. 2015 to 9|the execution|
||||10 Jul. 2015|||
|minority shareholders|Commission of|shareholding of the stocks of “Su||Jan. 2016|before 27 Aug.|
||Changzhou|Changchai A” in the appropriate|||2015 while the|
||Municipal|time within 6 months since 10|||not-decreasing|
||Government|Jul. 2015, to prove the firm|||commitment|
|||confidence of the China economy|||was under|
|||as well as the Changchai|||progress.|
|||Company, Limited by practical||||
|||actions, and to commonly||||
|||maintain the favorable||||
|||development of the capital||||
|||market as well as to promote the||||
|||market to recover to the healthy||||
|||and stable state.||||

Report for the Third Quarter of 2015 of Changchai Company, Limited
||||
|-|-|-|
|||3. Continue to support the|
|||development of the operation of|
|||Changchai Company, Limited as|
|||always, to enhance the|
|||achievement of the Company and|
|||to pay back the investors with|
|||stable and real performance.|
|Executed timely or not?|Yes||

IV. Predict the 2015 annual operating results
Warnings of possible loss or large-margin change of the accumulated net profit made during the period from the beginning of the year to the end of the next reporting period compared with the same period of the last year according to prediction, as well as explanations on the reasons
□Applicable√Inapplicable
V. Securities investment
□Applicable√Inapplicable
The Company did not invest in any securities in the reporting period.
VI. Shareholdings in other listed companies
√Applicable□Inapplicable
At the end of the reporting period, we held 72.25 million “Foton Motor” shares and 50,000 “Ninghu Expressway” shares measured as available-for-sale financial assets.
VII. Investments in derivatives
□Applicable√Inapplicable
The Company did not invest in any derivative in the reporting period.
VIII. Researches, visits and interviews received in the reporting period
√Applicable□Inapplicable
|||||||
|-|-|-|-|-|-|
|||Way of|||Main discussion and materials|
|Time|Place||Visitor type|Visitor||
|||reception|||provided by the Company|
||The Shenzhen Stock|||||
|||||Individual|Future development direction of|
|20 Sep. 2015|Exchange Interaction|Other|Individual|||
|||||investor|Company's technology product|
||Platform|||||
||The Shenzhen Stock|||||
|||||Individual|Progress of state-owned|
|9 Sep.2015|Exchange Interaction|Other|Individual|||
|||||investor|enterprise reform|
||Platform|||||

Report for the Third Quarter of 2015 of Changchai Company, Limited
|||||||
|-|-|-|-|-|-|
||The Shenzhen Stock|||||
|||||Individual|Relevant situation of the|
|19 Aug. 2015|Exchange Interaction|Other|Individual|||
|||||investor|Company’s financial assets|
||Platform|||||
||The Shenzhen Stock|||||
|||||Individual|Suggestion to the future|
|26 Jul. 2015|Exchange Interaction|Other|Individual|||
|||||investor|development of the Company|
||Platform|||||
||The Shenzhen Stock||||Situation of the Company’s|
|||||Individual||
|7 Jul. 2015|Exchange Interaction|Other|Individual||participation in refinancing|
|||||investor||
||Platform||||business|
||The Shenzhen Stock|||||
|||||Individual|The sale of the Company’s|
|6 Jul. 2015|Exchange Interaction|Other|Individual|||
|||||investor|multi-cylinder diesel engine|
||Platform|||||
||The Shenzhen Stock|||||
|||||Individual|Strategy of the future|
|1 Jul. 2015|Exchange Interaction|Other|Individual|||
|||||investor|development of the Company|
||Platform|||||
||The Shenzhen Stock||||Progress of the Company’s|
|||||Individual||
|25 Jun. 2015|Exchange Interaction|Other|Individual||implementation of major national|
|||||investor||
||Platform||||projects|
||The Shenzhen Stock|||||
|||||Individual|The planning situation of the|
|23 Jun. 2015|Exchange Interaction|Other|Individual|||
|||||investor|Company’s power industrial park|
||Platform|||||
||The Shenzhen Stock|||||
|||||Individual|Numbers of the shareholders in|
|15 Jun. 2015|Exchange Interaction|Other|Individual|||
|||||investor|the Company|
||Platform|||||
||The Shenzhen Stock|||||
|||||Individual|Situation of the Company’s share|
|15 Jun. 2015|Exchange Interaction|Other|Individual|||
|||||investor|holding of JSBC|
||Platform|||||
||The Shenzhen Stock|||||
|||||Individual|The planning situation of the|
|3 Jun. 2015|Exchange Interaction|Other|Individual|||
|||||investor|Company’s power industrial park|
||Platform|||||
||The Shenzhen Stock|||||
|||||Individual|Plan of the future development of|
|26 May 2015|Exchange Interaction|Other|Individual|||
|||||investor|the Company|
||Platform|||||
||The Shenzhen Stock|||||
|||||Individual|Numbers of the shareholders in|
|25 May 2015|Exchange Interaction|Other|Individual|||
|||||investor|the Company|
||Platform|||||
||The Shenzhen Stock|||||
|||||Individual|Situation of the products of the|
|24 May 2015|Exchange Interaction|Other|Individual|||
|||||investor|Company|
||Platform|||||
|19 May 2015|The Shenzhen Stock|Other|Individual|Individual|Numbers of the shareholders in|

Report for the Third Quarter of 2015 of Changchai Company, Limited
|||||||
|-|-|-|-|-|-|
||Exchange Interaction|||investor|the Company|
||Platform|||||
||||||Situation of the Company’s|
||The Shenzhen Stock|||||
|||||Individual|participation company Qinghua|
|9 May 2015|Exchange Interaction|Other|Individual|||
|||||investor|Xingye Investment Management|
||Platform|||||
||||||Co., Ltd.|
||The Shenzhen Stock|||||
|||||Individual|Plan of the future development of|
|5 May 2015|Exchange Interaction|Other|Individual|||
|||||investor|the Company|
||Platform|||||
||The Shenzhen Stock|||||
|||||Individual|Plan of the future development of|
|4 May 2015|Exchange Interaction|Other|Individual|||
|||||investor|the Company|
||Platform|||||
||The Shenzhen Stock|||||
|||||Individual|Whether the Company|
|29 May 2015|Exchange Interaction|Other|Individual|||
|||||investor|recombination|
||Platform|||||
||The Shenzhen Stock|||||
|||||Individual|Plan of the future development of|
|28 Apr. 2015|Exchange Interaction|Other|Individual|||
|||||investor|the Company|
||Platform|||||
||The Shenzhen Stock||||Situation of state-owned|
|||||Individual||
|28 Apr. 2015|Exchange Interaction|Other|Individual||enterprise reform and|
|||||investor||
||Platform||||shareholding by the employees|
||The Shenzhen Stock|||||
|||||Individual|The sale of the Company’s|
|28 Apr. 2015|Exchange Interaction|Other|Individual|||
|||||investor|multi-cylinder diesel engine|
||Platform|||||
||The Shenzhen Stock|||||
|||||Individual|The planning situation of the|
|16 Apr. 2015|Exchange Interaction|Other|Individual|||
|||||investor|Company’s power industrial park|
||Platform|||||
||The Shenzhen Stock|||||
|||||Individual|The planning situation of the|
|15 Apr. 2015|Exchange Interaction|Other|Individual|||
|||||investor|Company’s power industrial park|
||Platform|||||
||The Shenzhen Stock|||||
|||||Individual|Numbers of the shareholders in|
|15 Apr. 2015|Exchange Interaction|Other|Individual|||
|||||investor|the Company|
||Platform|||||
||The Shenzhen Stock|||||
|||||Individual|Plan of the future development of|
|15 Apr. 2015|Exchange Interaction|Other|Individual|||
|||||investor|the Company|
||Platform|||||
||The Shenzhen Stock|||||
|||||Individual|The future development of the|
|26 Mar. 2015|Exchange Interaction|Other|Individual|||
|||||investor|Company|
||Platform|||||
|23 Mar. 2015|The Shenzhen Stock|Other|Individual|Individual|The future development of the|

Report for the Third Quarter of 2015 of Changchai Company, Limited
|||||||
|-|-|-|-|-|-|
||Exchange Interaction|||investor|Company|
||Platform|||||
||The Shenzhen Stock|||||
|||||Individual|The future development of the|
|22 Mar. 2015|Exchange Interaction|Other|Individual|||
|||||investor|Company|
||Platform|||||
||The Shenzhen Stock|||||
|||||Individual|Trend of stock prices of the|
|16 Mar. 2015|Exchange Interaction|Other|Individual|||
|||||investor|Company|
||Platform|||||
||The Shenzhen Stock|||||
|||||Individual|Situation of the network of the|
|15 Mar. 2015|Exchange Interaction|Other|Individual|||
|||||investor|Company|
||Platform|||||
||The Shenzhen Stock|||||
|||||Individual|The future development of the|
|12 Mar. 2015|Exchange Interaction|Other|Individual|||
|||||investor|Company|
||Platform|||||
||The Shenzhen Stock|||||
|||||Individual|The future development of the|
|12 Mar. 2015|Exchange Interaction|Other|Individual|||
|||||investor|Company|
||Platform|||||
||The Shenzhen Stock|||||
|||||Individual|Situation of the Company’s new|
|12 Mar. 2015|Exchange Interaction|Other|Individual|||
|||||investor|independent directors|
||Platform|||||
||The Shenzhen Stock|||||
|||||Individual|Situation of mixed ownership|
|8 Mar. 2015|Exchange Interaction|Other|Individual|||
|||||investor|reform of the Company|
||Platform|||||
||The Shenzhen Stock|||||
|||||Individual|Situation of agricultural|
|1 Mar. 2015|Exchange Interaction|Other|Individual|||
|||||investor|informatization|
||Platform|||||
||The Shenzhen Stock|||||
|||||Individual|Situation of the Company’s|
|27 Feb. 2015|Exchange Interaction|Other|Individual|||
|||||investor|oversea co-operation|
||Platform|||||
||The Shenzhen Stock|||||
|||||Individual|Situation of the Company’s|
|27 Feb. 2015|Exchange Interaction|Other|Individual|||
|||||investor|oversea co-operation|
||Platform|||||
||The Shenzhen Stock|||||
|||||Individual|Situation of mixed ownership|
|25 Feb. 2015|Exchange Interaction|Other|Individual|||
|||||investor|reform of the Company|
||Platform|||||
||The Shenzhen Stock|||||
|||||Individual|Relevant situation of the products|
|16 Feb. 2015|Exchange Interaction|Other|Individual|||
|||||investor|of the Company|
||Platform|||||
||The Shenzhen Stock|||Individual|Numbers of the shareholders in|
|9 Feb. 2015||Other|Individual|||
||Exchange Interaction|||investor|the Company|

Report for the Third Quarter of 2015 of Changchai Company, Limited
|||||||
|-|-|-|-|-|-|
||Platform|||||
||The Shenzhen Stock|||||
|||||Individual|Situation of state-owned|
|21 Jan. 2015|Exchange Interaction|Other|Individual|||
|||||investor|enterprise reform|
||Platform|||||
||The Shenzhen Stock|||||
|||||Individual||
|19 Jan. 2015|Exchange Interaction|Other|Individual||Agricultural Modernization|
|||||investor||
||Platform|||||
||The Shenzhen Stock|||||
|||||Individual|Trend of stock prices of the|
|14 Jan. 2015|Exchange Interaction|Other|Individual|||
|||||investor|Company|
||Platform|||||
||The Shenzhen Stock|||||
|||||Individual|Situation of the shareholders in|
|13 Jan. 2015|Exchange Interaction|Other|Individual|||
|||||investor|the Company|
||Platform|||||
||The Shenzhen Stock|||||
|||||Individual|Situation of the shareholders in|
|12 Jan. 2015|Exchange Interaction|Other|Individual|||
|||||investor|the Company|
||Platform|||||
||The Shenzhen Stock|||||
|||||Individual|Situation of the shareholders in|
|1 Jan. 2015|Exchange Interaction|Other|Individual|||
|||||investor|the Company|
||Platform|||||

IX. Provision of guarantees in violation of regulations
□ Applicable√ Inapplicable
No such cases in the reporting period.
X. Occupation of theCompany’s funds by the controlling shareholder or its related parties for non-operating purposes
□ Applicable√ Inapplicable
No such cases in the reporting period.
Report for the Third Quarter of 2015 of Changchai Company, Limited Section IV. Financial Statements
I. Financial statements
1. Consolidated balance sheet
Prepared by Changchai Company, Limited
Unit: RMB Yuan
||||
|-|-|-|
|Item|Closing balance|Opening balance|
|Current assets:|||
|Monetary funds|532,678,107.85|531,969,747.91|
|Settlement reserves|||
|Intra-group lendings|||
|Financial assets measured at fair value of which changes are|||
||10,000,000.00|2,109,642.19|
|recorded in current profits and losses|||
|Derivative financial assets|||
|Notes receivable|314,712,499.71|314,236,128.92|
|Accounts receivable|856,849,871.48|374,335,355.22|
|Accounts paid in advance|6,633,401.43|15,092,855.36|
|Premiums receivable|||
|Reinsurance premiums receivable|||
|Receivable reinsurance contract reserves|||
|Interest receivable|||
|Dividend receivable|||
|Other accounts receivable|17,532,083.59|8,662,701.30|
|Financial assets purchased under agreements to resell|||
|Inventories|252,977,151.95|497,588,717.86|
|Assets held for sale|||
|Non-current assets due within 1 year|||
|Other current assets|31,187,462.66|31,729,042.18|
|Total current assets|2,022,570,578.67|1,775,724,190.94|
|Non-current assets:|||
|Loans by mandate and advances granted|||
|Available-for-sale financial assets|463,203,000.00|497,850,000.00|

Report for the Third Quarter of 2015 of Changchai Company, Limited
||||
|-|-|-|
|Held-to-maturity investments|||
|Long-term accounts receivable|||
|Long-term equity investment|20,731,651.34|20,459,975.99|
|Investing real estate|57,833,115.23|59,489,370.83|
|Fixed assets|576,493,471.60|572,785,946.61|
|Construction in progress|101,519,937.54|134,948,317.87|
|Engineering materials|||
|Disposal of fixed assets|||
|Production biological assets|||
|Oil-gas assets|||
|Intangible assets|102,946,901.97|104,441,092.62|
|R&D expense|||
|Goodwill|||
|Long-term deferred expenses|||
|Deferred income tax assets|1,084,863.32|1,084,863.32|
|Other non-current assets|||
|Total of non-current assets|1,323,812,941.00|1,391,059,567.24|
|Total assets|3,346,383,519.67|3,166,783,758.18|
|Current liabilities:|||
|Short-term borrowings|12,000,000.00|20,000,000.00|
|Borrowings from the Central Bank|||
|Customer bank deposits and due to banks and other financial|||
|institutions|||
|Intra-group borrowings|||
|Financial liabilities measured at fair value of which changes are|||
|recorded in current profits and losses|||
|Derivative financial liabilities|||
|Notes payable|231,650,000.00|218,351,400.00|
|Accounts payable|596,102,133.80|550,858,517.60|
|Accounts received in advance|32,878,076.16|29,364,756.16|
|Financial assets sold and repurchased|||
|Handling charges and commissions payable|||
|Payroll payable|31,581,419.72|61,303,762.60|
|Tax payable|45,105,675.93|14,511,976.27|
|Interest payable|||

Report for the Third Quarter of 2015 of Changchai Company, Limited
||||
|-|-|-|
|Dividend payable|3,891,433.83|3,891,433.83|
|Other accounts payable|292,172,968.85|196,560,865.32|
|Reinsurance premiums payable|||
|Insurance contract reserves|||
|Payables for acting trading of securities|||
|Payables for acting underwriting of securities|||
|Liabilities held for sale|||
|Non-current liabilities due within 1 year|||
|Other current liabilities|3,451,374.99|2,992,996.74|
|Total current liabilities|1,248,833,083.28|1,097,835,708.52|
|Non-current liabilities:|||
|Long-term borrowings|||
|Bonds payable|||
|Of which: preference shares|||
|Perpetual bonds|||
|Long-term payables|||
|Long-term payroll payables|||
|Specific payables|||
|Estimated liabilities|||
|Deferred income|53,686,499.10|54,185,979.32|
|Deferred income tax liabilities|56,419,275.00|61,616,325.00|
|Other non-current liabilities|||
|Total non-current liabilities|110,105,774.10|115,802,304.32|
|Total liabilities|1,358,938,857.38|1,213,638,012.84|
|Owners’ equity:|||
|Share capital|561,374,326.00|561,374,326.00|
|Other equity instruments|||
|Of which: preference shares|||
|Perpetual bonds|||
|Capital reserves|164,328,665.43|164,328,665.43|
|Less: Treasury stock|||
|Other comprehensive income|319,709,225.00|349,159,175.00|
|Specific reserves|8,332,077.21|8,332,077.21|
|Surplus reserves|298,151,696.96|298,151,696.96|

Report for the Third Quarter of 2015 of Changchai Company, Limited
||||
|-|-|-|
|Provisions for general risks|||
|Retained profits|618,111,395.28|555,590,894.67|
|Total equity attributable to owners of the Company|1,970,007,385.88|1,936,936,835.27|
|Minority interests|17,437,276.41|16,208,910.07|
|Total owners’ equity|1,987,444,662.29|1,953,145,745.34|
|Total liabilities and owners’ equity|3,346,383,519.67|3,166,783,758.18|

 Legal representative: Xue Guojun Chief of the accounting work: He Jianguang Chief of the accounting organ: Jiang He
Report for the Third Quarter of 2015 of Changchai Company, Limited 2. Balance sheet of the Company
Unit: RMB Yuan
||||
|-|-|-|
|Item|Closing balance|Opening balance|
|Current assets:|||
|Monetary funds|526,140,931.90|494,366,603.39|
|Financial assets measured at fair value of which changes are|||
|recorded in current profits and losses|||
|Derivative financial assets|||
|Notes receivable|314,662,499.71|312,466,128.92|
|Accounts receivable|811,766,087.22|331,239,446.99|
|Accounts paid in advance|3,075,301.85|10,139,747.15|
|Interest receivable|||
|Dividend receivable|||
|Other accounts receivable|3,518,988.71|5,712,047.44|
|Inventories|205,829,409.24|426,235,429.74|
|Assets held for sale|||
|Non-current assets due within 1 year|||
|Other current assets|20,000,000.00|20,637,141.03|
|Total current assets|1,884,993,218.63|1,600,796,544.66|
|Non-current assets:|||
|Available-for-sale financial assets|456,003,000.00|490,650,000.00|
|Held-to-maturity investments|||
|Long-term accounts receivable|||
|Long-term equity investment|205,198,151.34|204,926,475.99|
|Investing real estate|57,833,115.23|59,489,370.83|
|Fixed assets|465,044,028.04|454,717,057.95|
|Construction in progress|101,496,176.86|134,948,317.87|
|Engineering materials|||
|Disposal of fixed assets|||
|Production biological assets|||
|Oil-gas assets|||
|Intangible assets|80,859,016.97|81,914,372.57|
|R&D expense|||

Report for the Third Quarter of 2015 of Changchai Company, Limited
||||
|-|-|-|
|Goodwill|||
|Long-term deferred expenses|||
|Deferred income tax assets|1,084,863.32|1,084,863.32|
|Other non-current assets|||
|Total of non-current assets|1,367,518,351.76|1,427,730,458.53|
|Total assets|3,252,511,570.39|3,028,527,003.19|
|Current liabilities:|||
|Short-term borrowings|||
|Financial liabilities measured at fair value of which changes are|||
|recorded in current profits and losses|||
|Derivative financial liabilities|||
|Notes payable|231,650,000.00|206,351,400.00|
|Accounts payable|559,939,559.10|501,904,239.41|
|Accounts received in advance|64,390,150.22|37,247,846.51|
|Payroll payable|27,707,772.19|56,426,935.61|
|Tax payable|37,868,975.48|12,438,714.42|
|Interest payable|||
|Dividend payable|3,243,179.97|3,243,179.97|
|Other accounts payable|280,662,307.40|191,066,117.22|
|Liabilities held for sale|||
|Non-current liabilities due within 1 year|||
|Other current liabilities|||
|Total current liabilities|1,205,461,944.36|1,008,678,433.14|
|Non-current liabilities:|||
|Long-term borrowings|||
|Bonds payable|||
|Of which: preference shares|||
|Perpetual bonds|||
|Long-term payables|||
|Long-term payroll payables|||
|Specific payables|||
|Estimated liabilities|||
|Deferred income|53,686,499.10|54,185,979.32|
|Deferred income tax liabilities|56,419,275.00|61,616,325.00|

Report for the Third Quarter of 2015 of Changchai Company, Limited
||||
|-|-|-|
|Other non-current liabilities|||
|Total non-current liabilities|110,105,774.10|115,802,304.32|
|Total liabilities|1,315,567,718.46|1,124,480,737.46|
|Owners’ equity:|||
|Share capital|561,374,326.00|561,374,326.00|
|Other equity instruments|||
|Of which: preference shares|||
|Perpetual bonds|||
|Capital reserves|183,071,147.70|183,071,147.70|
|Less: Treasury stock|||
|Other comprehensive income|319,709,225.00|349,159,175.00|
|Specific reserves|8,332,077.21|8,332,077.21|
|Surplus reserves|298,151,696.96|298,151,696.96|
|Retained profits|566,305,379.06|503,957,842.86|
|Total owners’ equity|1,936,943,851.93|1,904,046,265.73|
|Total liabilities and owners’ equity|3,252,511,570.39|3,028,527,003.19|

 Legal representative: Xue Guojun Chief of the accounting work: He Jianguang
Chief of the accounting organ: Jiang He
3. Consolidated income statement for the reporting period
Unit: RMB Yuan
||||
|-|-|-|
|Item|Jul.-Sept. 2015|Jul.-Sept. 2014|
|I. Operating revenues|815,273,308.97|596,251,102.70|
|Including: Sales income|815,273,308.97|596,251,102.70|
|Interest income|||
|Premium income|||
|Handling charge and commission income|||
|II. Operating costs|774,219,303.45|583,601,181.96|
|Including: Cost of sales|693,638,845.88|516,155,740.49|
|Interest expenses|||
|Handling charge and commission expenses|||
|Surrenders|||
|Net claims paid|||

Report for the Third Quarter of 2015 of Changchai Company, Limited
||||
|-|-|-|
|Net amount withdrawn for the insurance contract reserve|||
|Expenditure on policy dividends|||
|Reinsurance premium|||
|Taxes and associate charges|563,797.34|262,580.46|
|Selling and distribution expenses|30,732,717.78|29,413,885.37|
|Administrative expenses|40,783,750.57|37,416,496.91|
|Financial expenses|-5,054,282.87|-1,047,390.27|
|Asset impairment loss|13,554,474.75|1,399,869.00|
|Add: Gain/(loss) from change in fair value (“-” means loss)|||
|Gain/(loss) from investment (“-” means loss)|3,987,809.68|7,852,349.51|
|Including: share of profits in associates and joint ventures|||
|Foreign exchange gains (“-” means loss)|||
|III. Business profit (“-” means loss)|45,041,815.20|20,502,270.25|
|Add: non-operating income|3,706,277.10|710,371.45|
|Including: Gains on disposal of non-current assets|||
|Less: non-operating expense|3,411,848.65|1,069,978.47|
|Including: Losses on disposal of non-current assets|||
|IV. Total profit (“-” means loss)|45,336,243.65|20,142,663.23|
|Less: Income tax expense|8,577,332.74|3,228,271.47|
|V. Net profit (“-” means loss)|36,758,910.91|16,914,391.76|
|Net profit attributable to owners of the Company|36,184,587.95|16,740,470.13|
|Minority shareholders’ income|574,322.96|173,921.63|
|VI. After-tax net amount of other comprehensive incomes|-192,578,275.00|39,997,744.67|
|After-tax net amount of other comprehensive incomesattributable|||
||-192,578,275.00|39,997,744.67|
|to owners of the Company|||
|(I) Other comprehensive incomes that will not be reclassified|||
|into gains and losses|||
|1. Changes in net liabilities or assets with a defined benefit|||
|plan upon re-measurement|||
|2. Enjoyable shares in other comprehensive incomes in|||
|investees that cannot be reclassified into gains and losses under the|||
|equity method|||
|(II) Other comprehensive incomes that will be reclassified into|||
||-192,578,275.00|39,997,744.67|
|gains and losses|||
|1. Enjoyable shares in other comprehensive incomes in|||
|investees that will be reclassified into gains and losses under the equity|||

Report for the Third Quarter of 2015 of Changchai Company, Limited
||||
|-|-|-|
|method|||
|2. Gains and losses on fair value changes of|||
||-192,578,275.00|39,997,744.67|
|available-for-sale financial assets|||
|3. Gains and losses on reclassifying held-to-maturity|||
|investments into available-for-sale financial assets|||
|4. Effective hedging gains and losses on cash flows|||
|5. Foreign-currency financial statement translation difference|||
|6. Other|||
|After-tax net amount of other comprehensive incomesattributable|||
|to minority shareholders|||
|VII. Total comprehensive incomes|-155,819,364.09|56,912,136.43|
|Attributable to owners of the Company|-156,393,687.05|56,738,214.80|
|Attributable to minority shareholders|574,322.96|173,921.63|
|VIII. Earnings per share|||
|(I) Basic earnings per share|0.06|0.03|
|(II) Diluted earnings per share|0.06|0.03|

 Legal representative: Xue Guojun Chief of the accounting work: He Jianguang
Chief of the accounting organ: Jiang He
Report for the Third Quarter of 2015 of Changchai Company, Limited 4. Income statement of the Company for the reporting period
Unit: RMB Yuan
||||
|-|-|-|
|Item|Jul.-Sept. 2015|Jul.-Sept. 2014|
|I. Total sales|817,184,146.88|601,452,898.73|
|Less: cost of sales|705,546,162.78|556,307,945.22|
|Business taxes and surcharges|366,089.65|0.00|
|Distribution expenses|25,077,177.08|28,600,872.12|
|Administrative expenses|37,405,232.36|33,247,390.37|
|Financial costs|-5,340,820.47|-1,450,261.90|
|Impairment loss|13,554,474.75|1,399,869.00|
|Add: gain/(loss) from change in fair value (“-” means loss)|||
|Gain/(loss) from investment (“-” means loss)|3,501,904.83|6,215,908.66|
|Including: income from investment on associates and joint|||
|ventures|||
|II. Business profit (“-” means loss)|44,077,735.56|19,562,992.58|
|Add: non-operating income|3,499,082.46|534,059.39|
|Including: Gains on disposal of non-current assets|||
|Less: non-operating expense|3,362,572.28|1,038,571.44|
|Including: Losses on disposal of non-current assets|||
|III. Total profit (“-” means loss)|44,214,245.74|19,058,480.53|
|Less: Income tax expense|8,206,775.79|3,035,821.48|
|IV. Net profit (“-” means loss)|36,007,469.95|16,022,659.05|
|V. After-tax net amount of other comprehensive incomes|-192,578,275.00|39,968,762.75|
|(I) Other comprehensive incomes that will not be reclassified into|||
|gains and losses|||
|1. Changes in net liabilities or assets with a defined benefit plan|||
|upon re-measurement|||
|2. Enjoyable shares in other comprehensive incomes in investees|||
|that cannot be reclassified into gains and losses under the equity|||
|method|||
|(II) Other comprehensive incomes that will be reclassified into gains|||
||-192,578,275.00|39,968,762.75|
|and losses|||
|1. Enjoyable shares in other comprehensive incomes in investees|||
|that will be reclassified into gains and losses under the equity method|||
|2. Gains and losses on fair value changes of available-for-sale|-192,578,275.00|39,968,762.75|

Report for the Third Quarter of 2015 of Changchai Company, Limited
||||
|-|-|-|
|financial assets|||
|3. Gains and losses on reclassifying held-to-maturity investments|||
|into available-for-sale financial assets|||
|4. Effective hedging gains and losses on cash flows|||
|5. Foreign-currency financial statement translation difference|||
|6. Other|||
|VI. Total comprehensive incomes|-156,570,805.05|55,991,421.80|
|VII. Earnings per share|||
|(I) Basic earnings per share|0.06|0.03|
|(II) Diluted earnings per share|0.06|0.03|

 Legal representative: Xue Guojun Chief of the accounting work: He Jianguang
Chief of the accounting organ: Jiang He
5. Consolidated income statement for Jan.-Sept. 2015
Unit: RMB Yuan
||||
|-|-|-|
|Item|Jan.-Sept. 2015|Jan.-Sept. 2014|
|I. Operating revenues|2,175,169,209.66|1,936,127,304.42|
|Including: Sales income|2,175,169,209.66|1,936,127,304.42|
|Interest income|||
|Premium income|||
|Handling charge and commission income|||
|II. Operating costs|2,094,126,375.43|1,884,318,838.47|
|Including: Cost of sales|1,872,711,948.61|1,681,640,499.12|
|Interest expenses|||
|Handling charge and commission expenses|||
|Surrenders|||
|Net claims paid|||
|Net amount withdrawn for the insurance contract reserve|||
|Expenditure on policy dividends|||
|Reinsurance premium|||
|Taxes and associate charges|2,843,809.77|577,867.86|
|Selling and distribution expenses|88,791,816.70|87,937,699.44|
|Administrative expenses|125,184,774.75|120,299,073.75|

Report for the Third Quarter of 2015 of Changchai Company, Limited
||||
|-|-|-|
|Financial expenses|-11,727,986.61|-8,179,953.05|
|Asset impairment loss|16,322,012.21|2,043,651.35|
|Add: Gain/(loss) from change in fair value (“-” means loss)|0.00|0.00|
|Gain/(loss) from investment (“-” means loss)|8,888,413.12|9,325,019.68|
|Including: share of profits in associates and joint ventures|||
|Foreign exchange gains (“-” means loss)|||
|III. Business profit (“-” means loss)|89,931,247.35|61,133,485.63|
|Add: non-operating income|7,370,389.00|7,928,834.07|
|Including: Gains on disposal of non-current assets|||
|Less: non-operating expense|6,244,506.81|6,675,426.07|
|Including: Losses on disposal of non-current assets|14,758.29|61,479.60|
|IV. Total profit (“-” means loss)|91,057,129.54|62,386,893.63|
|Less: Income tax expense|16,080,776.07|10,322,416.53|
|V. Net profit (“-” means loss)|74,976,353.47|52,064,477.10|
|Net profit attributable to owners of the Company|73,747,987.13|51,043,900.62|
|Minority shareholders’ income|1,228,366.34|1,020,576.48|
|VI. After-tax net amount of other comprehensive incomes|-34,647,000.00|40,033,793.42|
|After-tax net amount of other comprehensive incomesattributable|||
||-34,647,000.00|40,033,793.42|
|to owners of the Company|||
|(I) Other comprehensive incomes that will not be reclassified|||
|into gains and losses|||
|1. Changes in net liabilities or assets with a defined benefit|||
|plan upon re-measurement|||
|2. Enjoyable shares in other comprehensive incomes in|||
|investees that cannot be reclassified into gains and losses under the|||
|equity method|||
|(II) Other comprehensive incomes that will be reclassified into|||
||-34,647,000.00|40,033,793.42|
|gains and losses|||
|1. Enjoyable shares in other comprehensive incomes in|||
|investees that will be reclassified into gains and losses under the equity|||
|method|||
|2. Gains and losses on fair value changes of|||
||-34,647,000.00|40,033,793.42|
|available-for-sale financial assets|||
|3. Gains and losses on reclassifying held-to-maturity|||
|investments into available-for-sale financial assets|||
|4. Effective hedging gains and losses on cash flows|||

Report for the Third Quarter of 2015 of Changchai Company, Limited
||||
|-|-|-|
|5. Foreign-currency financial statement translation difference|||
|6. Other|||
|After-tax net amount of other comprehensive incomes attributable|||
|to minority shareholders|||
|VII. Total comprehensive incomes|40,329,353.47|92,098,270.52|
|Attributable to owners of the Company|39,100,987.13|91,077,694.04|
|Attributable to minority shareholders|1,228,366.34|1,020,576.48|
|VIII. Earnings per share|||
|(I) Basic earnings per share|0.13|0.09|
|(II) Diluted earnings per share|0.13|0.09|

 Legal representative: Xue Guojun Chief of the accounting work: He Jianguang
Chief of the accounting organ: Jiang He
Report for the Third Quarter of 2015 of Changchai Company, Limited 6. Income statement of the Company for Jan.-Sept. 2015
Unit: RMB Yuan
||||
|-|-|-|
|Item|Jan.-Sept. 2015|Jan.-Sept. 2014|
|I. Total sales|2,188,415,911.23|1,956,450,412.84|
|Less: cost of sales|1,905,887,198.60|1,718,726,671.54|
|Business taxes and surcharges|2,458,335.46|0.00|
|Distribution expenses|80,828,891.79|84,281,274.85|
|Administrative expenses|114,270,739.10|108,652,824.64|
|Financial costs|-12,780,416.48|-10,240,790.06|
|Impairment loss|16,322,012.21|2,043,651.35|
|Add: gain/(loss) from change in fair value (“-” means loss)|||
|Gain/(loss) from investment (“-” means loss)|7,011,777.30|9,276,302.33|
|Including: income from investment on associates and joint|||
|ventures|||
|II. Business profit (“-” means loss)|88,440,927.85|62,263,082.85|
|Add: non-operating income|6,551,363.13|6,750,419.19|
|Including: Gains on disposal of non-current assets|||
|Less: non-operating expense|6,162,644.65|6,597,872.75|
|Including: Losses on disposal of non-current assets|14,758.29|61,479.60|
|III. Total profit (“-” means loss)|88,829,646.33|62,415,629.29|
|Less: Income tax expense|15,254,623.61|9,568,892.09|
|IV. Net profit (“-” means loss)|73,575,022.72|52,846,737.20|
|V. After-tax net amount of other comprehensive incomes|-34,647,000.00|39,967,062.75|
|(I) Other comprehensive incomes that will not be reclassified into|||
|gains and losses|||
|1. Changes in net liabilities or assets with a defined benefit plan|||
|upon re-measurement|||
|2. Enjoyable shares in other comprehensive incomes in investees|||
|that cannot be reclassified into gains and losses under the equity|||
|method|||
|(II) Other comprehensive incomes that will be reclassified into gains|||
||-34,647,000.00|39,967,062.75|
|and losses|||
|1. Enjoyable shares in other comprehensive incomes in investees|||
|that will be reclassified into gains and losses under the equity method|||
|2. Gains and losses on fair value changes of available-for-sale|-34,647,000.00|39,967,062.75|

Report for the Third Quarter of 2015 of Changchai Company, Limited
||||
|-|-|-|
|financial assets|||
|3. Gains and losses on reclassifying held-to-maturity investments|||
|into available-for-sale financial assets|||
|4. Effective hedging gains and losses on cash flows|||
|5. Foreign-currency financial statement translation difference|||
|6. Other|||
|VI. Total comprehensive incomes|38,928,022.72|92,813,799.95|
|VII. Earnings per share|||
|(I) Basic earnings per share|0.13|0.09|
|(II) Diluted earnings per share|0.13|0.09|

 Legal representative: Xue Guojun Chief of the accounting work: He Jianguang
Chief of the accounting organ: Jiang He
7. Consolidated cash flow statement for Jan.-Sept. 2015
Unit: RMB Yuan
||||
|-|-|-|
|Item|Jan.-Sept. 2015|Jan.-Sept. 2014|
|I. Cash flows from operating activities:|||
|Cash received from sale of commodities and rendering of service|1,984,543,237.07|1,957,387,089.38|
|Net increase of deposits from customers and dues from banks|||
|Net increase of loans from the central bank|||
|Net increase of funds borrowed from other financial institutions|||
|Cash received from premium of original insurance contracts|||
|Net cash received from reinsurance business|||
|Net increase of deposits of policy holders and investment fund|||
|Net increase of disposal of financial assets measured at fair value of|||
|which changes are recorded into current gains and losses|||
|Cash received from interest, handling charges and commissions|||
|Net increase of intra-group borrowings|||
|Net increase of funds in repurchase business|||
|Tax refunds received|17,902,474.19|27,929,664.35|
|Other cash received relating to operating activities|12,526,725.39|22,276,735.86|
|Subtotal of cash inflows from operating activities|2,014,972,436.65|2,007,593,489.59|
|Cash paid for goods and services|1,573,265,648.42|1,795,061,598.18|
|Net increase of customer lendings and advances|||

Report for the Third Quarter of 2015 of Changchai Company, Limited
||||
|-|-|-|
|Net increase of funds deposited in the central bank and amount due|||
|from banks|||
|Cash for paying claims of the original insurance contracts|||
|Cash for paying interest, handling charges and commissions|||
|Cash for paying policy dividends|||
|Cash paid to and for employees|228,131,676.49|198,752,708.68|
|Various taxes paid|59,653,475.56|39,705,485.13|
|Other cash payment relating to operating activities|58,277,552.71|50,256,156.25|
|Subtotal of cash outflows from operating activities|1,919,328,353.18|2,083,775,948.24|
|Net cash flows from operating activities|95,644,083.47|-76,182,458.65|
|II. Cash flows from investing activities:|||
|Cash received from withdrawal of investments|2,109,642.19||
|Cash received from return on investments|7,782,737.77|7,423,437.46|
|Net cash received from disposal of fixed assets, intangible assets and|||
||283,604.57|253,982.43|
|other long-term assets|||
|Net cash received from disposal of subsidiaries or other business|||
||0.00|1,027,642.33|
|units|||
|Other cash received relating to investing activities|0.00|1,500,000.00|
|Subtotal of cash inflows from investing activities|10,175,984.53|10,205,062.22|
|Cash paid to acquire fixed assets, intangible assets and other|||
||46,939,756.27|75,880,276.25|
|long-term assets|||
|Cash paid for investment|20,000,000.00||
|Net increase of pledged loans|||
|Net cash paid to acquire subsidiaries and other business units|0.00|23,850,000.00|
|Other cash payments relating to investing activities|23,000,000.00|14,500,000.00|
|Subtotal of cash outflows from investing activities|89,939,756.27|114,230,276.25|
|Net cash flows from investing activities|-79,763,771.74|-104,025,214.03|
|III. Cash Flows from Financing Activities:|||
|Cash received from capital contributions|||
|Including: Cash received from minority shareholder investments by|||
|subsidiaries|||
|Cash received from borrowings|12,000,000.00|20,000,000.00|
|Cash received from issuance of bonds|||
|Other cash received relating to financing activities|4,046.87||
|Subtotal of cash inflows from financing activities|12,004,046.87|20,000,000.00|

Report for the Third Quarter of 2015 of Changchai Company, Limited
||||
|-|-|-|
|Repayment of borrowings|20,000,000.00|30,000,000.00|
|Cash paid for interest expenses and distribution of dividends or|||
||12,344,836.73|9,329,628.74|
|profit|||
|Including: dividends or profit paid by subsidiaries to minority|||
|||553,400.00|
|shareholders|||
|Other cash payments relating to financing activities|||
|Sub-total of cash outflows from financing activities|32,344,836.73|39,329,628.74|
|Net cash flows from financing activities|-20,340,789.86|-19,329,628.74|
|IV. Effect of foreign exchange rate changes on cash and cash|||
|equivalents|||
|V. Net increase in cash and cash equivalents|-4,460,478.13|-199,537,301.42|
|Add: Opening balance of cash and cash equivalents|464,761,820.50|610,882,216.18|
|VI. Closing balance of cash and cash equivalents|460,301,342.37|411,344,914.76|

 Legal representative: Xue Guojun Chief of the accounting work: He Jianguang
Chief of the accounting organ: Jiang He
Report for the Third Quarter of 2015 of Changchai Company, Limited 8. Cash flow statement of the Company for Jan.-Sept. 2015
Unit: RMB Yuan
||||
|-|-|-|
|Item|Jan.-Sept. 2015|Jan.-Sept. 2014|
|I. Cash flows from operating activities:|||
|Cash received from sale of commodities and rendering of service|2,000,329,758.45|1,976,754,861.03|
|Tax refunds received|17,902,474.19|27,929,664.35|
|Other cash received relating to operating activities|10,273,377.45|19,897,990.45|
|Subtotal of cash inflows from operating activities|2,028,505,610.09|2,024,582,515.83|
|Cash paid for goods and services|1,621,637,795.69|1,859,470,070.77|
|Cash paid to and for employees|204,419,916.17|183,443,698.38|
|Various taxes paid|55,166,479.12|32,335,971.13|
|Other cash payment relating to operating activities|55,229,062.40|44,244,209.96|
|Subtotal of cash outflows from operating activities|1,936,453,253.38|2,119,493,950.24|
|Net cash flows from operating activities|92,052,356.71|-94,911,434.41|
|II. Cash flows from investing activities:|||
|Cash received from withdrawal of investments|||
|Cash received from return on investments|6,740,101.95|9,527,100.00|
|Net cash received from disposal of fixed assets, intangible assets and|||
||106,674.57|253,982.43|
|other long-term assets|||
|Net cash received from disposal of subsidiaries or other business|||
|||1,027,642.33|
|units|||
|Other cash received relating to investing activities|||
|Subtotal of cash inflows from investing activities|6,846,776.52|10,808,724.76|
|Cash paid to acquire fixed assets, intangible assets and other|||
||44,666,156.27|69,850,240.35|
|long-term assets|||
|Cash paid for investment|20,000,000.00||
|Net cash paid to acquire subsidiaries and other business units|0.00|24,626,700.00|
|Other cash payments relating to investing activities|||
|Subtotal of cash outflows from investing activities|64,666,156.27|94,476,940.35|
|Net cash flows from investing activities|-57,819,379.75|-83,668,215.59|
|III. Cash Flows from Financing Activities:|||
|Cash received from capital contributions|||
|Cash received from borrowings|||
|Cash received from issuance of bonds|||

Report for the Third Quarter of 2015 of Changchai Company, Limited
||||
|-|-|-|
|Other cash received relating to financing activities|||
|Subtotal of cash inflows from financing activities|||
|Repayment of borrowings|||
|Cash paid for interest expenses and distribution of dividends or|||
||11,227,486.52|8,420,614.89|
|profit|||
|Other cash payments relating to financing activities|0.00||
|Sub-total of cash outflows from financing activities|11,227,486.52|8,420,614.89|
|Net cash flows from financing activities|-11,227,486.52|-8,420,614.89|
|IV. Effect of foreign exchange rate changes on cash and cash|||
|equivalents|||
|V. Net increase in cash and cash equivalents|23,005,490.44|-187,000,264.89|
|Add: Opening balance of cash and cash equivalents|430,758,675.98|574,440,388.77|
|VI. Closing balance of cash and cash equivalents|453,764,166.42|387,440,123.88|

 Legal representative: Xue Guojun Chief of the accounting work: He Jianguang
Chief of the accounting organ: Jiang He
II.Auditor’s report
Is this report audited?
□ Yes√ No
This report is not audited.