深圳市深宝实业股份有限公司 2012 年度报告
深圳市深宝实业股份有限公司
SHENZHEN SHENBAO INDUSTRIAL CO.,LTD
ANNUAL REPORT 2012
April 2013
深圳市深宝实业股份有限公司 2012 年度报告
Section I. Important Notice, Contents and Paraphrase
Board of Directors, Supervisory Committee, all directors, supervisors and senior
executives of Shenzhen Shenbao Industrial Co., Ltd. (hereinafter referred to as
the Company) hereby confirm that there are no any fictitious statements,
misleading statements, or important omissions carried in this report, and shall
take all responsibilities, individual and/or joint, for the reality, accuracy and
completion of the whole contents.
Chairman of the Company Mr. Zheng Yuxi, General Manager Mr. Yan Zesong,
CFO Ms. Wang Zhiping and Manager of financial management dept. Mr. Xu
Qiming declares that the financial report in this Annual Report is authentic,
accurate and complete.
All Directors are attended the Board Meeting for deliberation of this Report.
The Preplan Profit Distribution of the Company deliberated and approved by
The Board is: taking total 250,900,154 shares at end of 2012 as the radix,
sending RMB 2 in cash (tax included) per 10 shares to its all shareholders.
Concerning the forward-looking statements with future planning involved in the
Report, they do not constitute a substantial commitment for investors, Securities
Times, China Securities Journal, Hong Kong Commercial Daily and Juchao
Website (www.cninfo.com.cn) are the media appointed by the Company for
information disclosure, all information of the Company disclosed in the above
mentioned media should prevail. Investors are advised to exercise caution of
investment risks.
This report has been prepared in Chinese and English version respectively. In
the event of difference in interpretation between the two versions, Chinese
report shall prevail.
深圳市深宝实业股份有限公司 2012 年度报告
Contents
Section I Important Notice, Contents and Paraphrase .................................................................. 4
Section II Company Profile ............................................................................................................... 5
Section III Accounting data and summary of finnaical indexes .................................................... 8
Section IV Report of the Board of Directors ................................................................................. 11
Section V Important Events ............................................................................................................ 41
Section VI Changes in shares and particular about shareholders............................................... 46
Section VII Particulars about Directors, Supervisors,Senior Executives and Employees ........ 46
Section VIII Corporate Governance .............................................................................................. 55
Section IX Internal Control ............................................................................................................ 64
Section X Financial Report ............................................................................................................. 64
Section XI Documents available for reference ............................................................................ 158
深圳市深宝实业股份有限公司 2012 年度报告
Paraphrase
Items Refers to Contents
Shenshenbao/the Company/Listed
Refers to Shenzhen Shenbao Industrial Co., Ltd
Company
Shenbao Huacheng Refers to Shenzhen Shenbao Huacheng Science and Technology Co.,Ltd
Wuyuan Jufangyong Refers to Jufangyong Tea Industry Co., Ltd. in Wuyuan County
Hangzhou Ju Fang Yong Refers to Hangzhou Ju Fang Yong Holding Co., Ltd.
Shenbao Yuxing Refers to Fujian Mount Wuyi Shenbao Yuxing Tea Co., Ltd.
Shen Shenbao Huafa Refers to Zhejiang Shen Shenbao Huafa Tea Co., Ltd.
Technology Center Refers to Shenzhen Shenbao Technology Center Co., Ltd.
Huizhou Shenbao Science &
Refers to Huizhou Shenbao Science & Technology Co., Ltd.
Technology
Shenzhen Shenbao Sanjing Food & Beverage Development
Shenbao Sanjing Refers to
Co., Ltd
Shenbao Industrial & Trading Refers to Shenzhen Shenbao Industrial & Trading Co., Ltd.
Shenbao Properties Refers to Shenzhen Shenbao Properties Management Co., Ltd.
Shenbao Investment Refers to Huizhou Shenbao Industrial Investment Co., Ltd.
PepsiCo (China) Refers to PepsiCo Investment (China) Ltd.
Shenzhen PepsiCo Refers to Shenzhen PepsiCo Beverage Co., Ltd
Zhejiang Huafa Refers to Zhejiang Huafa Tea Co., Ltd.
Changzhou Sanjing Refers to Changzhou Sanjing Grease Co., Ltd
Agricultural Products Refers to Shenzhen Agricultural Products Co., Ltd
Shenzhen Investment Holding Refers to Shenzhen Investment Holding Co., Ltd
Shenzhen Municipal People’s Government State-owned Assets
Shenzhen SASAC Refers to
Supervision & Administration Commission
CBC Refers to Shenzhen China Bicycle Company (Holdings) Limited
Sunrise Company Refers to Guangdong Sunrise Holdings Co., Ltd.
CSRC Refers to China Securities Regulation Commission
SSE Refers to Shenzhen Stock Exchange
Dahua CPA Refers to Dahua Certified Public Accountants (LLP)
Article of Association Refers to Article of Association of Shenzhen Shenbao Industrial Co., Ltd
RMB/10 thousand yuan Refers to CNY/ten thousand yuan
深圳市深宝实业股份有限公司 2012 年度报告
Section II Company profile
I. Company information
SHENSHENBAO-A,
Short form of the stock Stock code 000019, 200019
SHENSHENBAO-B
Stock exchange for listing Shenzhen Stock Exchange
Name of the Company (in
深圳市深宝实业股份有限公司
Chinese)
Short form of the
深宝
Company (in Chinese)
Foreign name of the
SHENZHEN SHENBAO INDUSTRIAL CO.,LTD
Company(if applicable)
Short form of foreign
name of the Company(if SBSY
applicable)
Legal representative Mr. Zheng Yuxi
South, 20F/Tower Building, Education and Technology Mansion, Zhuzilin, Futian
Registrations add.
Zone, Shenzhen
Code for registrations add 518040
South 20/F(23/F in elevator guidance), Education Technology Mansion, No.26 Zizhu
Offices add.
Qi Dao, Zhuzilin Fourth Road, Futian District, Shenzhen
Codes for office add. 518040
Company’s Internet Web
http://www.sbsy.com.cn
Site
E-mail shenbao@sbsy.com.cn
II. Person/Way to contact
Secretary of the Board Rep. of security affairs
Name Li Yiyan Zheng Guibo
23/F, Education Technology 23/F, Education Technology
Mansion, No.26 Zizhu Qi Dao, Mansion, No.26 Zizhu Qi Dao,
Contact add.
Zhuzilin Fourth Road, Futian Zhuzilin Fourth Road, Futian
District, Shenzhen District, Shenzhen
Tel. 0755-82027522 0755-82027522
Fax. 0755-82027522 0755-82027522
E-mail lyy@sbsy.com.cn zhenggb@sbsy.com.cn
深圳市深宝实业股份有限公司 2012 年度报告
III. Information disclosure and preparation place
Newspaper appointed for information Securities Times; China Securities Journal and Hong Kong
disclosure Commercial Daily
Website for annual report publish
http://www.cninfo.com.cn
appointed by CSRC
Preparation place for annual report Office of the Board of Directors
IV. Registration changes of the Company
Registration No.
Place for No. of taxation Organization
Date for registration for enterprise
registration registration code
legal license
Initial
1981-07-30 Shenzhen 19218075-4 440301192180754 19218075-4
registration
Registration at
end of report 2011-07-12 Shenzhen 440301103223954 440301192180754 19218075-4
period
Changes of main business since
No changes
listing (if applicable)
On 10 September 1999, Shenzhen Investment Management Co., Ltd.
entered into the “Equity Transfer Agreement of Shenzhen Shenbao
Industrial Co., Ltd.” with Agricultural Products for 58,347,695 shares of the
Previous changes for controlling
shareholders (if applicable) Company (35% in total shares of the Company) transfer to Agricultural
Products with price of RMB 1.95 per share. Agricultural Products comes to
the first majority shareholder of the Company after transfer and procedures
for the above equity transfer has completed in June of 2003.
V. Other relevant information
CPA engaged by the Company
Name of CPA Dahua Certified Public Accountants (LLP)
Offices add. for CPA 11/F, Block B, Union Square, No. 5022, Binhe Blv, Futian District, Shenzhen
Signing Accountants Chen Baohua, Gong Chenyan
Sponsor engaged by the Company for performing continuous supervision duties in reporting
period
√ Applicable □ Not applicable
Name of sponsor Continuous supervision
Name of sponsor Offices add. for sponsor
deputy period
Dongguan Securities Co., 29/F, Jinyuan Center, No.1 Keyuan Pan Yunsong, 2011.7.4-2012.12.31
Ltd. Rd. (S), Guancheng District, LvXiaoshu
Dongguan
深圳市深宝实业股份有限公司 2012 年度报告
Guotai Junan Securities 29/F, Bank of Shanghai Tower, No. Yuan Huagang, 2011.7.4-2012.12.31
Co., Ltd. 168 Yincheng Center Rd., Shanghai Yang Xiaotao
Financial consultant engaged by the Company for performing continuous supervision duties
in reporting period
√ Applicable □Not applicable
Offices add. for financial Organizer of financial Continuous supervision
Name of consultant
consultant consultant period
No.8, Qiaobeiyuan,
Southwest Securities Co.,
Jiangbei District, Tian Ye, Qin Cuiping 2011.12.19-2012.12.31
Ltd.
Chongqing
深圳市深宝实业股份有限公司 2012 年度报告
Section III. Accounting data and summary of financial indexes
I. Main accounting data and financial indexes
Whether it has retroactive adjustment or re-statement on previous accounting data for
accounting policy changed and accounting error correction or not
□Yes √□ No
Changes over last
2012 2011
year (%)
Operating income (RMB) 310,790,324.70 318,230,243.67 -2.34% 229,797,398.17
Net profit attributable to
shareholders of the listed 74,529,471.28 6,980,233.57 967.72% 5,687,644.79
company(RMB)
Net profit attributable to
shareholders of the listed
company after deducting -33,778,384.16 -13,338,969.53 -153.23% -41,851,853.99
non-recurring gains and
losses(RMB)
Net cash flow arising from
-48,434,558.23 -18,790,209.92 -157.76% 5,223,014.63
operating activities(RMB)
Basic earnings per share
0.297 0.0323 819.50% 0.031
(RMB/Share)
Diluted earnings per share
0.297 0.0323 819.50% 0.031
(RMB/Share)
Return on Equity (%) 8.04% 1.15% 6.89% 1.76%
Changes over end
End of 2012 End of 2011 End of 2010
of last year (%)
Total assets (RMB) 1,222,994,595.75 1,061,964,234.64 15.16% 658,468,839.95
Net assets attributable to
shareholder of listed company
(Owners’ equity attributable to 964,216,674.18 889,876,512.59 8.35% 325,092,060.80
shareholder of listed
company ) (RMB)
深圳市深宝实业股份有限公司 2012 年度报告
II. Difference of the accounting data under accounting rules in and out of China
Difference of the net profit and net assets attributable to shareholders of parent company
disclosed in financial report, under both IAS (International Accounting Standards) and
Chinese GAAP (Generally Accepted Accounting Principles)
Unit: RMB
Net profit attributable to Net assets attributable to shareholders
shareholders of listed company of listed company
Amount in this Amount in last Amount at Amount at
period period period-end period-begin
Chinese GAAP 74,529,471.28 6,980,233.57 964,216,674.18 889,876,512.59
Items and amount adjusted by IAS
1. Adjustment for amortization
of equity investment 1,016,958.04 1,016,958.04
differences
2. Adjustment for cost of
transfer of equity of Shenzhen 381,359.27 -762,718.54 -381,359.27
Pepsi
3.Adjustment for other payable
1,067,000.00 1,067,000.00
fund of stock market regulation
IAS 74,910,830.55 6,980,233.57 965,537,913.68 891,579,111.36
深圳市深宝实业股份有限公司 2012 年度报告
III. Items and amounts of extraordinary profit (gains)/loss
Unit: RMB
Item Amount in 2012 Amount in 2011 Amount in 2010
Gains/losses from the disposal of
non-current asset (including the
103,325,804.23 -10,632.50 43,147,293.25
write-off that accrued for impairment
of assets)
Governmental subsidy reckoned into
current gains/losses (not including the
subsidy enjoyed in quota or ration
3,250,145.75 1,800,048.00 1,868,815.57
according to national standards, which
are closely relevant to enterprise’s
business)
Gains and losses from change of fair
values of held-for-transaction
financial assets and financial
liabilities except for the effective
hedge business related to normal
2,416,674.15 1,971,899.34 94,500.00
business of the Company, and
investment income from disposal of
transactional financial assets and
liabilities and financial assets
available for sale
Switch-back of impairment of account
receivable that practice impairment 70,619.95
test independent
Other non-operating income and
expenditure except for the -197,762.37 16,896,972.61 2,851,389.23
aforementioned items
Impact on income tax -486,348.75 -409,704.30 -106,885.18
Impact on minority shareholders’
-657.57 -315,614.09
equity (post-tax)
Total 108,307,855.44 20,319,203.10 47,539,498.78
深圳市深宝实业股份有限公司 2012 年度报告
Section IV. Report of the Board of Directors
I. Introduction
In reporting period, the Company pursues more efforts to the promotion of development of tea industry surround
the annual operational plan. In first half year of 2012, being suffered from slowdown in growth of domestic
economy, continued weaknesses in beverage market and decline in sales, effective demand for tea market of the
Company was insufficient with sales down. In second half year, under the support of steady growth policy,
economy shows a sign of stabilizing and recovering; being closely keep up with the changes of market, optimized
marketing policy timely and readjusted the product mix, the Company well maintains the stable of existing clients
and market shares. According to the environment in and out of the Company, the Company for
