深圳中冠纺织印染股份有限公司 2015 年半年度报告全文
Shenzhen Victor Onward Textile Industrial Co., Ltd.
The Semi-annual Report 2015
August 2015
深圳中冠纺织印染股份有限公司 2015 年半年度报告全文
I. Important Notice, Table of Contents and Definitions
The Board of Directors ,Supervisory Committee, all directors, supervisors and senior executives of the Company
hereby guarantees that there are no misstatement, misleading representation or important omissions in this report
and shall assume joint and several liability for the authenticity, accuracy and completeness of the contents hereof.
All the directors attended the board meeting for reviewing this report.
The Company has no plan of cash dividends carried out, bonus issued and capitalizing of common reserves either.
Mr.Hu Yongfeng, The Company leader, Mr. Zhang Jinliang, Chief financial officer and the Mr..Ren Changzheng,
the person in charge of the accounting department (the person in charge of the accounting )hereby confirm the
authenticity and completeness of the financial report enclosed in this semi-annual report.
深圳中冠纺织印染股份有限公司 2015 年半年度报告全文
Table of Contents
2015 Semi-Annual Report
I..Important Notice, Table of contents and Definitions
II. Basic Information of the Company
III. Summary of Accounting Highlights and Business Highlights
IV. Report of the Board of Directors
V. Important Events
VI. Change of share capital and shareholding of Principal Shareholders
VII. Situation of the Preferred Shares
VIII. Information about Directors, Supervisors and Senior Executives
IX. Financial Report
X. Documents available for inspection
深圳中冠纺织印染股份有限公司 2015 年半年度报告全文
Definition
Refers
Terms to be defined Definition
to
Refers
Company/The Company/ Shenzhen Victor Onward Textile Industrial Co., Ltd.
to
Refers
Company Law Company Law of the People’s Republic of China
to
Refers
Securities Law Securities Law of the People’s Republic of China
to
Refers
“CSRC” China Securities Regulatory Commission
to
深圳中冠纺织印染股份有限公司 2015 年半年度报告全文
II. Basic Information of the Company
1. Company Information
Victor Onward A, Victor Onward
Stock abbreviation Stock code： 000018、200018
B
Stock exchange for
Shenzhen Stock Exchange
listing：
Name in Chinese 深圳中冠纺织印染股份有限公司
Chinese Abbreviation (If
中冠
any)
English name (If any) Shenzhen Victor Onward Textile Industrial Co., Ltd
English abbreviation (If
VICTOR ONWARD
any)
Legal Representative Hu Yongfeng
2. Contact person and contact manner
Board secretary Securities affairs Representative
Name Zhang Jinliang Wu Xia
Room 1308, Hualiang Building, Room 1308, Hualiang Building,
Contact address No.2008 Shennan Zhong Road, No.2008 Shennan Zhong Road,
Shenzhen Shenzhen
Tel (755)83668425 (755)83667895
Fax (755)83668427 (755)83668427
E-mail zhangjl@udcgroup.com wux@udcgroup.com
3.Other
(1)Way to contact the Company
Whether registrations address, offices address and codes as well as website and email of the Company changed in
reporting period or not
□ Applicable □√ Not Applicable
The registered address, office address and their postal codes, website address and email address of the Company did not change
during the reporting period. The said information can be found in the 2014 Annual Report.
（2）About information disclosure and where this report is placed
Did any change occur to information disclosure media and where this report is placed during the reporting period?
深圳中冠纺织印染股份有限公司 2015 年半年度报告全文
□ Applicable √ Not applicable
The newspapers designated by the Company for information disclosure, the website designated by CSRC for
disclosing this report and the location where this report is placed did not change during the reporting period. The
said information can be found in the 2014 Annual Report.
（3）Registration changes of the Company
Whether registration has changed in reporting period or not
□ Applicable √ Not applicable
Date/place for registration of the Company, registration nmber for enterprise legal license number of taxation
registration and organization code have no change in reporting period, found more details in annual report 2014.
深圳中冠纺织印染股份有限公司 2015 年半年度报告全文
III. Summary of Accounting Data and Financial Indicators
1.Summary of accounting /Financial Data
May the Company make retroactive adjustment or restatement of the accounting data of the previous years due to
change of the accounting policy and correction of accounting errors.
□Yes √No
Reporting period Same period of last year YoY+/-（%）
Operating income（RMB） 5,569,686.00 5,077,451.00 9.69%
Net profit attributable to the shareholders
-608,576.00 738,330.00 -182.43%
of the listed company（RMB）
Net profit after deducting of non-recurring
gain/loss attributable to the shareholders of -608,576.00 740,248.00 -182.21%
listed company（RMB）
Cash flow generated by business operation,
911,858.00 2,708,214.00 -66.33%
net（RMB）
Basic earning per share(RMB/Share) -0.004 0.004 -200.00%
Diluted gains per
-0.004 0.004 -200.00%
share(RMB/Share)(RMB/Share)
Weighted average ROE(%) -0.46% 0.58% -1.04%
As at the end of the
As at the end of last year YoY+/-（%）
reporting period
Gross assets (RMB) 173,233,623.00 184,418,905.00 -6.07%
Shareholders’ equity attributable to
130,693,937.00 131,266,672.00 -0.44%
shareholders of the listed company（RMB）
II.The differences between domestic and international accounting standards
1.Simultaneously pursuant to both Chinese accounting standards and international accounting standards disclosed
in the financial reports of differences in net income and net assets.
□ Applicable √Not applicable
No difference .
2. Differences of net profit and net assets disclosed in financial reports prepared under overseas and Chinese
accounting standards.
□ Applicable √Not applicable
No difference .
III．Items and amount of non-current gains and losses
□ Applicable √Not applicable
No difference .
深圳中冠纺织印染股份有限公司 2015 年半年度报告全文
IV. Report of the Board of Directors
I. General
1. Business highlights
In the report period, the printing and dyeing mill of the Company in Shenzhen continued production suspense
while the parent company and five subsidiaries continued the suspension of printing and dyeing business due to
the production suspense of the printing and dyeing mill. The parent company, Nanhua Company and Hong Kong
Company maintained daily operation through property lease. The other two subsidiaries had suspended business.
cancellation of a subsidiary,The Company planned to invest in the joint venture project of Nanjing East Asia
Textile Printing and Dyeing Co., Ltd. with partial machinery and equipment. Due to change of foundation of joint
venture and prospect of the industry, the capital increase was not completed. The litigation of 2014 has been over.
The company’s rent income is the major part of the cash inflow, also the major part of the current main business.
2. The risks that the Company is facing and countermeasures
Production suspense brought significant influence on the production and operating activities and continuous devel
opment of the Company. On June 16, 2014, the company began planning a major reorganization of assets. On Oct
ober 13, 2014 the 16th meeting of sixth session of the board of directors examined and adopted the \" Shenzhen Vi
ctor Onward Textile Industrial Co., Ltd. major assets replacement and issue shares to buy assets and related transa
ctions and raise matching funds plan\" and other related proposals.
On July 27, 2015, the company received “The Reply on Ratifying The Reorganization of Significant Asset of
Shenzhen Victor Onward Textile Industrial Co., Ltd.And Issuing Shares to Chen Lue etc. to Buy Assets And
Raising Matching Funds” (CSRC Approval No.1774 [2015]) from China Securities Regulatory Commission. The
company’s boards would soon start the reorganization,the issue of shares to buy assets and raise the matching
funds in accordance with the above approvals’ requirements and the authorization of the shareholders' meeting.
At present, the company and the related parties are actively promoting the work of the major asset restructuring to
make the production and operation of the company smoothly as soon as possible.
II. Analysis on principal Business
Year-on-year changes in major financial statistics
In RMB
This report period Same period last year YOY change（%） Cause change
Operating income
5,569,686.00 5,077,451.00 9.69% The occupancy rate grew
The house property
Operating cost 1,922,683.00 1,446,029.00 32.96%
reclassified
Sale expenses 0.00 0.00
Administrative Caused by the
4,090,387.00 3,550,910.00 15.19%
expenses reorganization cost
深圳中冠纺织印染股份有限公司 2015 年半年度报告全文
The interest income
Financial expenses -193,363.00 -58,719.00 229.30%
increased
Income taqx expenses 0.00 0.00
The Curent
Net cash flows from
911,858.00 2,708,214.00 -66.33% reorganization cost
operating activities
increased
Net cash flows from
-62,873.00 -64,702.00 -2.83%
investing activities
Paid Union Group For
Net cash flows from
-6,291,275.00 -100.00% the principal a year
financing activities
earlier
Net increase in cash
670,900.00 -3,253,848.00 -120.62% Ditto
and cash equivalents
Major changes in profit composition or cources during the report period
□ Applicable √ Not applicable
The profit composition or sources of the Company have remained largely unchanged during the report period.
Delay of future development and plan disclosed in Company’s IPO prospectus, fund raising prospectus and capital
reorganization report into this report period.□ Applicable √ Not applicable
No future development and plan disclosed in Company’s IPO prospectus, fund raising prospectus and capital
reorganization report into this report period.Progress of development strategy and operation plans in this period that are disclosed by the company in the previous annual reports.
This year the company headquarters and its subsidiaries lease unused property .
III. Composition of principal businesses
In RMB
Increase/decrease
Increase/decrease Increase/decrease
of principal
of reverse in the of gross profit
Operating Gross profit business cost over
operating costs same period of rate over the same
revenue rate(%) the same period
the previous period of the
of previous year
year(%) previous year (%)
(%)
Industry
Lease Industry 5,569,686.00 1,922,683.00 65.48% 9.69% 32.96% -6.04%
Product
Leasing 5,569,686.00 1,922,683.00 65.48% 9.69% 32.96% -6.04%
District
China 4,869,285.00 1,701,968.00 65.05% 12.35% 38.90% -6.68%
Hong Kong 700,401.00 220,715.00 68.49% -5.78% 0.00% -1.82%
深圳中冠纺织印染股份有限公司 2015 年半年度报告全文
IV. Analysis on Assets and Liabiliti
N/A
V. Analysis on investment Status
1. External Equity investment
（1）External investment
√Applicable □Not applicable
External investment
Investment amount (January-June Investment Amount (January-June
Change rate（%）
2015)(RMB) 2014)(RMB)
Particulars of investees
Companies Principal business Proportion in the investees’ equity (%)
Zhejiang Union Hangzhou Bay Chuangye
Real estate 25.00%
Co., Ltd.
（2）Holding of the equity in Financial Enterprises
□ Applicable√ Not applicable
N/A
（3）Investment in Securities
□ Applicable√ Not applicable
N/A
（4）Explanation on Holding Equity in Other Listed Companies
□ Applicable√ Not applicable
N/A
2.Entrusted Financing, Investment in Derivative Products and Entrusted Loan
（1）Entrusted Financing
□ Applicable√ Not applicable
N/A
深圳中冠纺织印染股份有限公司 2015 年半年度报告全文
（2）Investment in Derivatives
□ Applicable√ Not applicable
N/A
（3）Entrusted loan
□ Applicable√ Not applicable
N/A
（3）Changes of raised funds projects
□ Applicable√ Not applicable
N/A
4.Analysis on principal subsidiaries and Mutual Shareholding Companies
√Applicable □Not applicable
Particulars about the principal subsidiaries and Mutual shareholding companies
In RMB
Leading Total Operating
Company Company Sectors Registered Net assets Tumover Net Profit
products assets(RMB profit
Name type engaged in capital (RMB) (RMB) (RMB)
and services ) (RMB)
Hong Kong
Victor Textile
