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苏威孚B:2019年第一季度报告正文(英文版)  

摘要:StockCode:000581,200581 NoticeNo.:2019-013 ShortFormoftheStock:WeifuHigh-Tech,SuWeifu-B WeifuHigh-TechnologyGroupCo.,Ltd

StockCode:000581,200581                                                              NoticeNo.:2019-013
ShortFormoftheStock:WeifuHigh-Tech,SuWeifu-B

        WeifuHigh-TechnologyGroupCo.,Ltd.

          TextofFirstQuarterlyReport2019

                  SectionI.ImportantNotes

BoardofDirectorsandtheSupervisoryCommitteeofWeifuHigh-TechnologyGroupCo.,Ltd.(hereinafterreferredtoastheCompany)anditsdirectors,supervisorsandseniorexecutivesshouldguaranteethereality,accuracyandcompletionofthequarterlyreport,therearenoanyfictitiousstatements,misleadingstatementsorimportantomissionscarriedinthisreport,andshalltakelegalresponsibilities,individualand/orjoint.
AllDirectorsareattendedtheBoardMeetingforQuarterlyReportdeliberationChenXuejun,PrincipaloftheCompany;OuJianbin,PersoninChargeofAccountingWorksandPersoninChargeofAccountingOrgan(AccountingSupervisor)herebyconfirmthattheFinancialReportoftheFirstQuarterlyReportisauthentic,accurateandcomplete.


                  SectionII.CompanyProfile

I.Mainaccountingdataandfinancialindexes
Whetherithasretroactiveadjustmentorre-statementonpreviousaccountingdata
□Yes√No

                                                                                Changesofthisperiodoversame
                                        CurrentPeriod      Sameperiodoflastyear

                                                                                      periodoflastyear

Operatingincome(RMB)                      2,270,130,717.54        2,391,982,640.39                      -5.09%
Netprofitattributabletoshareholdersof

                                            689,179,364.60        784,228,178.43                    -12.12%
thelistedcompany(RMB)
Netprofitattributabletoshareholdersof

thelistedcompanyafterdeducting                613,343,723.80        691,598,799.43                    -11.32%
non-recurringgainsandlosses(RMB)
Netcashflowarisingfromoperating

                                            145,409,651.46          86,416,705.11                      68.27%
activities(RMB)

Basicearningspershare(RMB/Share)                      0.68                  0.78                    -12.82%
Dilutedearningspershare(RMB/Share)                    0.68                  0.78                    -12.82%
WeightedaverageROE                                4.24%                5.15%                      -0.91%
                                                                                Changesofthisperiod-endover
                                      Endofthisperiod        Endoflastperiod

                                                                                  sameperiod-endoflastyear
Totalassets(RMB)                          22,204,649,523.58      20,892,041,460.30                      6.28%
Netassetsattributabletoshareholderof

                                          16,603,398,152.41      15,913,828,778.82                      4.33%
listedcompany(RMB)
Itemsofnon-recurringgainsandlosses
√Applicable□Notapplicable

                                                                                                    InRMB
                                                                              Amountfrom

                                  Item                                                          Note

                                                                          year-begintoperiod-end

Gains/lossesfromthedisposalofnon-currentasset(includingthewrite-offthataccruedfor

                                                                                    282,530.38

impairmentofassets)
Governmentalsubsidyreckonedintocurrentgains/losses(notincludingthesubsidy

enjoyedinquotaorrationaccordingtonationalstandards,whicharecloselyrelevantto            6,930,045.15

enterprise’sbusiness)

Gainorlossontheinvestmentormanagementofassets                                    30,329,829.15

Heldtransactionfinancialasset,gains/lossesofchangesoffairvaluesfromtransaction            51,489,477.13

financialliabilities,andinvestmentgainsfromdisposaloftransactionfinancialasset,

transactionfinancialliabilitiesandfinancialassetavailableforsales,excludetheeffective
hedgingbusinessrelevantwithnormaloperationsoftheCompany

Othernon-operatingincomeandexpenditureexceptfortheaforementioneditems                  872,909.01

Less:impactonincometax                                                            13,629,395.27

    Impactonminorityshareholders’equity(post-tax)                                      439,754.75

Total                                                                              75,835,640.80    --

Concerningtheextraordinaryprofit(gain)/lossdefinedbyQ&AAnnouncementNo.1onInformationDisclosureforCompaniesOfferingTheirSecuritiestothePublic---ExtraordinaryProfit/loss,andtheitemsdefinedasrecurringprofit(gain)/lossaccordingtothelistsofextraordinaryprofit(gain)/lossinQ&AAnnouncementNo.1onInformationDisclosureforCompaniesOfferingTheirSecuritiestothePublic---ExtraordinaryProfit/loss,explainreasons
□Applicable√Notapplicable
Inreportingperiod,theCompanyhasnoparticularaboutitemsdefinedasrecurringprofit(gain)/lossaccordingtothelistsofextraordinaryprofit(gain)/lossinQ&AAnnouncementNo.1onInformationDisclosureforCompaniesOfferingTheirSecuritiestothePublic---ExtraordinaryProfit/loss
II.Totalnumberofshareholdersattheendofthisreportperiodandtoptenshareholders
1.Commonandpreferredstockholderswithvotingrightsrecoverandthetoptenshare-holding

                                                                                                  InShare
Totalcommonshareholdersattheendof                Totalpreferredstockholderswithvotingrights

                                            54,791                                                      0
reportperiod                                        recoverattheendofreportperiod(ifapplicable)

                                            Toptenshareholders

                                                                                            Numberofshare
                                                                              Amountof    pledged/frozen
                                        Natureof  Proportionof  Amountof

          Shareholder’sname            shareholder  sharesheld              restrictedshares

                                                                sharesheld                  Stateof  Amo
                                                                                held

                                                                                            share    unt
WUXIINDUSTRYDEVELOPMENT      State-owned

                                                        20.22%  204,059,398

CROUPCO.,LTD.                      legalperson

                                      Foreignlegal

ROBERTBOSCHGMBH                                  14.16%  142,841,400

                                      person

                                      Foreignlegal

HKSCCNomineesLimited                                  6.61%  66,672,353

                                      person

BankofCommunication�CHSBCJixin

DoubleCoreStrategyMixedSecurities      Other              1.91%  19,237,847

InvestmentFund
BBHBOSS/AFIDELITYFD-CHINA    Foreignlegal

                                                        1.84%  18,530,315

FOCUSFD                            person

ChinaLifeInsurance(Group)Company-

                                      Other              1.56%  15,714,926

bonus-personalbonus-005L-FH002SHEN

ChinaLifeInsurance(Group)Company-

tradition-generalinsurance              Other              1.47%  14,881,834

products-005L-CT001SHEN

                                    State-owned

CentralHuijinAssetsManagementCo.,Ltd.                    1.27%  12,811,200

                                    legalperson

InvestecAssetManagement-InvestecGlobal

                                    Foreignlegal

StrategyFund-All-ChinaEquityFund                        0.87%    8,772,392

                                    person

(Exchange)
FIDELITYINVMTTRTFIDELITYINTL  Foreignlegal

                                                        0.61%    6,122,887

SMALLCAPFUND                    person

                                Toptenshareholderswithunrestrictedsharesheld

                                                      Amountofunrestricted          Typeofshares

                  Shareholder’sname

                                                            sharesheld            Type          Amount

WUXIINDUSTRYDEVELOPMENTCROUPCO.,LTD.                204,059,398RMBcommonshare  204,059,398
                                                                          RMBcommonshare  115,260,600
ROBERTBOSCHGMBH                                          142,841,400Domesticallylisted

                                                                                                27,580,800
                                                                          foreignshare

HKSCCNomineesLimited                                          66,672,353RMBcommonshare    66,672,353
BankofCommunication�CHSBCJixinDoubleCoreStrategy

                                                                19,237,847RMBcommonshare    19,237,847
MixedSecuritiesInvestmentFund

                                                                          Domesticallylisted

BBHBOSS/AFIDELITYFD-CHINAFOCUSFD                      18,530,315                    18,530,315
                                                                          foreignshare

ChinaLifeInsurance(Group)Company-bonus-personal

                                                                15,714,926RMBcommonshare    15,714,926
bonus-005L-FH002SHEN
ChinaLifeInsurance(Group)Company-tradition-general

                                                                14,881,834RMBcommonshare    14,881,834
insuranceproducts-005L-CT001SHEN

CentralHuijinAssetsManagementCo.,Ltd.                              12,811,200RMBcommonshare    12,811,200
InvestecAssetManagement-InvestecGlobalStrategyFund-

                                                                  8,772,392RMBcommonshare    8,772,392
All-ChinaEquityFund(Exchange)

                                                                          Domesticallylisted

FIDELITYINVMTTRTFIDELITYINTLSMALLCAPFUND              6,122,887                      6,122,887
                                                                          foreignshare

                                                      Amongthetoptenshareholders,theCompanyknewtherehas
                                                      no  associated  relationship  between  Wuxi  Industry
                                                      DevelopmentCroupCo.,Ltd.,thefirstlargestshareholderof
Noteofrelatedrelationshipamongtheaboveshareholdersand

                                                      theCompany,andothershareholders;andtheydonotbelong
concertedactors

                                                      totheconsistentactionistregulatedbytheManagement
                                                      Measure  of  Information  Disclosure  on  Change  of
                                                      ShareholdingforListedCompany.

Whethertoptencommonshareholdersortoptencommonshareholderswithun-restrictsharesheldhaveabuy-backagreementdealinginreportingperiod
□Yes√No
Thetoptencommonshareholdersortoptencommonshareholderswithun-restrictsharesheldoftheCompanyhavenobuy-back
agreementdealinginreportingperiod.
2.TotalshareholderswithpreferredstockheldatPeriod-endandsharesheldbytoptenshareholderswithpreferredstockheld
□Applicable√Notapplicable


                  SectionIII.SignificantEvents

I.Particularsaboutmaterialchangesinitemsofmainaccountingstatementandfinancialindexandexplanationsofreasons
√Applicable□Notapplicable
(I)Changesandreasonsofitemsinbalancesheet:
1.Endingbalanceofaccountreceivableincreased696.2224millionyuanoverthatoflastyearwith36.27percentup,mainlybecausesalesintheperiodishigherthanthepreviousperiod;
2.Otheraccountreceivableintheperioddecreased39.0745millionyuanwith46.20percentdowncomparedwithendoflastyear,mainlybecauseoftheassetsdisposalreimbursementfromWFJNintheperiod.
3.Othercurrentassetsintheperiodhasdecreased4592.244millionyuancomparedwithendoflastyear,financialassetsavailable-for-saleintheperiodhasdecreased255.9752millionyuancomparedwithendoflastyear,otherequityinstrumentinvestmentintheperiodhasincreased87.0883millionyuancomparedwithendoflastyear,othernon-currentfinancialassetsintheperiodhasincreased138.8millionyuancomparedwithendoflastyear,mainlybecausetheabovementioneditemSARere-classifiedduetotheimplementationofnewaccountingrulesforfinancialinstrument;
4.Constructioninprogressintheperiodincreased42.9539millionyuanbycomparingwithendoflastyearwith25.81percentup,mainlyduetotheincreaseoftechnicalimprovementequipment;
5.Short-termloansintheperiodincreased126.988millionyuanbycomparingwithendoflastyearwith42.48percentup,mainlyduetotheincreaseofbankloansintheperiod;
6.Taxespayableintheperiodincreased64.382millionyuanbycomparingwithendoflastyearwith86.68percentup,mainlybecausepayableforincometax,VAT,urbanconstructiontaxandeducationsurchargeincreased;
7.Deferredincometaxliabilityintheperiodincreased7.6221millionyuanand398.49percentcomparedwithendoflastyear,mainlyduetotheincreaseoffairvaluefromfinancialassetsheldfortrading;
8.Endingbalanceofothercomprehensiveincomeintheperiodisre-classifiedto“Retainedprofit”accordingtonewaccountingrules.
(II)Changesandreasonsofitemsinprofitandlossstatement:
1.Taxesandsurchargeintheperiodincreased4.898millionyuanfromayearearlierwith30.38percentup,mainlybecausepayableforurbanconstructiontaxandeducationsurchargeincreased;
2.Financialexpensesintheperioddecreased19,531,700yuanfromayearearlier,mainlybecauseinterestincomeincrease;
3.Investmentincomeintheperioddecreased162,091,550yuanfromayearearlierwith26.71percentdown,mainlybecauseincomefromshare-participatedenterprisedeclined

(III)Changesandreasonsofitemsincashflowstatement:
1.Netcashflowarisingfromoperationactivityintheperiodincreased58.9929millionyuanfromayearearlierwith68.27percentup,mainlybecauseexpenditureforpurchasingdeclinedonay-o-ybasisandtheinterestincomeincreasedfromayearearlier;
2.Netcashflowarisingfrominvestmentactivity:decreasedout-flowof1824.5962millionyuanfromayearearlier,mainlybecausefinancialproductspurchasedintheperiodandcollectionoffinancialproductsonduedeclinedonay-o-ybasis;
3.Netcashflowarisingfromfinancingactivity:increased41.0633millionyuanfromayearearlierwith50.68percentup,mainlybecausebankloansintheperiodincreasedandborrowingpaidtothebankintheperioddeclined
II.Analysisandexplanationofsignificanteventsandtheirinfluenceandsolutions
√Applicable□Notapplicable
(i)Partsofthejoint-stockenterprise’sequityheldbytheCompanyfreeze
1.On6March2017,theCompanyreceivedalegaldocumentsmailfromShenzhenIntermediatepeople’sCourtinGuangdongProvince(hereinafterreferredtoasShenzhenIntermediateCourt).Pursuittothelegaldocuments,theplaintiff-ChinaCindaAssetManagementCo.,Ltd.ShenzhenBranchbringasuitagainsteightdefendants(theCompanyincluded)andthethirdparty-ShenzhenHejunVentureHoldingCo.,Ltd.(“HejunCompany”forshort)fordamagedtheinterestsofcorporatecreditors,totallytwocasesforsuits.ShenzhenIntermediateCourtacceptedthecaseandissuedtheCivilOrderof(2016)Yue03MCNo.2490and(2016)Yue03MCNo.2492,thatis,thepropertyunderthenameofeightdefendantSARebeingsealup,detainorfreeze-up,totallyamountedas217millionYuan.Endedasthereportingperiod,the4.71millionsharesofMiracleand11,739,102sharesofSDECheldbytheCompanyarebeingfreeze-up.Firsttrialarecarriedon24September2017,andfurthersessiontobeadvisedfromtheCourt.
2.ThecompanyhasappliedtoFutianPeople'sCourtofShenzhenforcompulsoryliquidationwithHejunCompany.ACivilRulingPaperiscarriedbyFutianPeople'sCourtofShenzhen(2017)Yue0304QSNo.5,thatis:implementedcompulsoryliquidationonHejunCompany.TheCompanywillfullyengagewiththeCourtforrelevantliquidationworkscompleted,guaranteelegitimateinterestoftheCompany.
(ii)Inaccordancewiththeresolutionof4thsessionof9thBODheldon26March2019,theCompanyplanstoestablishawholly-ownedsubsidiarySPVCompanyinDenmark.Acquiredthe66.00%equityofIRDFuelCellsA/S(“IRD”forshort)inDenmarkheldbyFCCTApS.CompanywithEUR7.26millionbyconversion(valueofassessmentforIRDasEUR11million).BenefitfromthecontrollingofIRDbyequityprocurement,theCompanywillenterthefieldoffuelcellcorecomponentsquickly,andenhancingthecompetitivenessofCompaniesinemergingmarket;theevenSAReinlinewiththedevelopmentstrategyoftheCompany,layasoundfoundationforsustainable,rapidandhealthydevelopmentoftheCompany,aswellastransformationandupgrading.RelevantworkSAReprogressingsmoothly.


                    Overview                    Disclosuredate          Queryindexforinterimnotice

                                                              (NoticeNo.2017-002)PublishedonJuchaoWebsite
Partsofthejoint-stockenterprise’sequityheldbythe    2017-03-08

                                                              (www.cninfo.com.cn)

Companyfreeze                                                (NoticeNo.2017-023)PublishedonJuchaoWebsite
                                                2017-12-06

                                                              (www.cninfo.com.cn)

TheCompanyplanstoestablishawholly-ownedsubsidiary

SPVCompanyinDenmark.Acquiredthe66.00%equityof              (NoticeNo.2019-003)PublishedonJuchaoWebsite
IRDFuelCellsA/S(“IRD”forshort)inDenmarkheldby  2019-03-28

                                                              (www.cninfo.com.cn)

FCCTApS.Company
Implementationprogressofsharesbuy-back
□Applicable  √Notapplicable
Implementationprogressofthereductionofrepurchasessharesbycentralizedbidding
□Applicable√Notapplicable
III.Commitmentsnon-performanceoverdueinreportingperiodfromcommittedpartiesasactualcontroller,shareholders,relatedparty,acquirerandtheCompany
□Applicable  √Notapplicable
Notheabovementionedcommitmentoccurredintheperiod.
IV.PredictofthebusinessperformancefromJanuarytoJune2019
Warningsandreasonsofthepredictthatthecumulativenetprofitfromthebeginoftheyeartotheendofnextreportperiodmaybelossorhavegreatchangescomparingwiththesameperiodoflastyear
□Applicable  √Notapplicable
V.SecuritiesInvestment
√Applicable□Notapplicable

                                      Book                                  Profit

                Short        Account          Current  Cumulati        Curr          Book

Variety              Initial        valueat                                andloss

        Codeofform          ing          gain/loss  vefair  Current  ent        valueatAccount

  of                invest          the                                    inthe                Capital
      securitie  of        measure          offair    value  purchasesales        theend  ing

securitie              ment        beginnin                                Reporti                Source
          s  securit        ment            value    changes  amountamo          ofthe  subject

  s                  cost          gofthe                                  ng

                ies          model          changes  inequity          unt          period

                                    period                                  Period

Domesti                                                                                    Transact

                      199,20Measure

cand                                85,458,435,456,148                      35,456,120,914,ional  Own

      600841SDEC8,000.0dbyfair

foreign                                08.00      .00                      148.00  556.00financialfunds

                          0value

stocks                                                                                      assets


Domesti        Miracl                                                                      Transact

                            Measure

cand          e    69,331,        35,607,615,543,000                      15,543,51,150,6ional  Own

      002009              dbyfair

foreign        Logisti500.00          00.00      .00                      000.00  00.00financialfunds

                            value

stocks          cs                                                                          assets

                      268,53

                                    121,066,50,999,148                      50,999,172,065,

Total                9,500.0  --                                                            --      --

                                      008.00      .00                      148.00  156.00

                          0

Disclosuredateof      2012-03-24

securitiesinvestment
approvalbytheBoard  2013-06-04
VI.Derivativeinvestment
□Applicable  √Notapplicable
NoderivativeinvestmentinthePeriod.
VII.Registrationformforreceivingresearch,communicationandinterviewinthereportperiod
√Applicable□Notapplicable

                                  Typeof

      Date          Method                                Indexfortheinterviewandresearch

                                  investors

1Jan.2019to31  Telephone                  TheCompanyanswered35questionsforinvestorsonlinethroughthe
                                Other

Mar.2019        communication              investorrelationsinteractiveplatform(http://irm.p5w.net/dqhd/sichuan/)

1Jan.2019to31                              BasicconditionoftheCompanyandviewsonmarket,communicationwith
                Writteninquiries  Other

Mar.2019                                  investorsbytelephonemorethan50

VIII.Externalsecurityagainsttherules
□Applicable  √Notapplicable
TheCompanyhasnoexternalsecurityagainsttherulesinthePeriod
IX.Controllingshareholders'anditsrelatedparty'snon-businesscapitaloccupyingofthelistedcompany
□Applicable  √Notapplicable
Therearenocontrollingshareholders'anditsrelatedparty'snon-businesscapitaloccupyingofthelistedcompany.

                                                              BoardofDirectorof

                                                      WeifuHigh-TechnologyGroupCo.,Ltd

                                                                29April2019
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