Shenzhen China Bicycle Company (Holdings) Limited
Summary of Semi-Annual Report 2022I. Important NoticeThe summary is abstract from full-text of semi-annual report, for more details of operating results, financial condition and futuredevelopment plan of the Company; investors should found in the full-text of semi-annual report that published on media appointedby CSRC.All directors are attended the Board Meeting for report deliberation.Prompt of non-standard audit opinion
□ Applicable √ Not applicable
Profit distribution pre-plan of common stock or capitalizing of common reserves pre-plan deliberated by the Board in the reportingperiod
□ Applicable √ Not applicable
The Company has no plans of cash dividend distributed, no bonus shares and has no share converted from capital reserve.Profit distribution pre-plan of preferred stock deliberated and approved by the Board in the reporting period
□ Applicable √ Not applicable
II. Company profile
1. Company Profile
| Short form of the stock | Zhonghua-A, Zhonghua-B | Stock code | 000017, 200017 | |
| Stock exchange for listing | Shenzhen Stock Exchange | |||
| The abbreviation of the stock before changed (if applicable) | N/A | |||
| Person/Way to contact | Secretary of the Board | Rep. of security affairs | ||
| Name | Sun Longlong | Yu Xiaomin, Zhong Xiaojin | ||
| Office add. | 501 Zhongxin Technology Building, No.31 Bagua Rd., Bagualing, Futian District, Shenzhen | 501 Zhongxin Technology Building, No.31 Bagua Rd., Bagualing, Futian District, Shenzhen | ||
| Tel. | 0755-25516998,28181666 | 0755-25516998,28181666 | ||
| dmc@szcbc.com | dmc@szcbc.com | |||
2. Main accounting data and financial indexes
Whether it has retroactive adjustment or re-statement on previous accounting data or not
□Yes √ No
| Current period | Same period of last year | Changes in the current period over the same period of previous year (+,-) | |
| Operating revenue (RMB) | 106,665,446.58 | 54,130,317.60 | 97.05% |
| Net profit attributable to shareholders of the listed company (RMB) | -1,483,364.42 | 1,365,493.34 | -208.63% |
| Net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses (RMB) | -2,275,914.14 | -416,594.29 | -446.31% |
| Net cash flow arising from operating activities (RMB) | -9,279,476.52 | -2,447,126.82 | -279.20% |
| Basic earnings per share (RMB/Share) | -0.0027 | 0.0025 | -208.00% |
| Diluted earnings per share (RMB/Share) | -0.0027 | 0.0025 | -208.00% |
| Weighted average ROE | -18.14% | 11.78% | -29.92% |
| End of current period | End of last year | Increase/decrease in current report-end over that of last period-end(+,-) | |
| Total assets (RMB) | 101,482,852.73 | 97,363,437.22 | 4.23% |
| Net assets attributable to shareholder of listed company (RMB) | 7,435,173.74 | 8,918,538.16 | -16.63% |
3. Number of shares and shares held
In Share
| Total common stock shareholders in reporting period-end | 52,427 | Total preference shareholders with voting rights recovered at end of reporting period (if applicable) | 0 | ||||
| Top ten shareholders | |||||||
| Full name of Shareholders | Nature of shareholder | Proportion of shares held | Shareholding numbers | Amount of restricted shares held | Information of shares pledged, tagged or frozen | ||
| State of share | Amount | ||||||
| Shenzhen Guosheng Energy Investment Development Co., Ltd. | Domestic non-state-owned legal person | 11.52% | 63,508,747 | 0 | - | - | |
| UOB Koy Hian (Hong Kong) | Foreign legal person | 2.89% | 15,907,850 | 0 | - | - | |
| Co., Ltd. | ||||||
| Guosen Securities (Hong Kong) brokerage Co., Ltd | Foreign legal person | 2.52% | 13,909,425 | 0 | - | - |
| Shenwan Hongyuan Securities (Hong Kong) Co., Ltd. | Foreign legal person | 1.50% | 8,281,156 | 0 | - | - |
| Lhasa Xingqing Network Technology Co., Ltd. | Domestic non-state-owned legal person | 0.83% | 4,600,255 | 0 | - | - |
| Li Huili | Domestic nature person | 0.71% | 3,891,124 | 0 | - | - |
| Xu Hongbo | Domestic nature person | 0.70% | 3,886,485 | 0 | - | - |
| Ge Zhiqiong | Domestic nature person | 0.55% | 3,022,952 | 0 | - | - |
| CMS Hong Kong Co., Ltd | State-owned legal person | 0.53% | 2,934,135 | 0 | - | - |
| Shenzhen China Bicycle Company (Holdings) Limited -Special account for property disposal of bankrupt enterprise | Domestic non-state-owned legal person | 0.47% | 2,602,402 | 0 | - | - |
| Explanation on associated relationship among the aforesaid shareholders | Li Huili, spouse of the Ji Hanfei, the actual controller of the Company- Shenzhen Guosheng Energy Investment Development Co., Ltd., holding B-share of the Company on behalf of Shenzhen Guosheng Energy Investment Development Co., Ltd., beyond that, the Company has no idea of whether other circulated shareholders belong to concerted action persons ruled in the Administration Norms for Information Disclosure of Change on Shareholding of Shareholders of Listed Companies. | |||||
| Shareholders involving margin business (if applicable) | N/A | |||||
4. Changes of controlling shareholders or actual controller
Changes of controlling shareholders in reporting period
□ Applicable √ Not applicable
Changes of controlling shareholders had no change in reporting period.Changes of actual controller in reporting period
□ Applicable √ Not applicable
Changes of actual controller had no change in reporting period.
5. Total preferred stock shareholders of the Company and shares held by top ten shareholders withpreferred stock held
No preferred stock in reporting period.
6. Bonds in existence as of the approval date of the semi-annual report
□ Applicable √ Not applicable
III. Important events
1. Planning for non-public offering of shares
On December 30, 2020, the company held the third extraordinary general meeting of shareholders in 2020,reviewed and approved the new plan for non-public issuance of A shares, and planned to raise funds fromWansheng Industry Company through non-public issuance of shares of total amount not exceeding 293.6 millionyuan, which would be used to replenish working capital after deducting the issuance expenses, and this issuancewill lead to changes in the company’s control. On October 25, 2021, the company’s application for the non-publicissuance of A shares was reviewed and approved by the Issuance Examination Commission of the ChinaSecurities Regulatory Commission (hereinafter referred to as the CSRC). On November 11, 2021, the companyreceived the Approval for the Non-public Issuance of Shares by Shenzhen China Bicycle (Group) Co., Ltd.(ZJXK [2021] No. 3552) issued by the CSRC, and the validity period of the approval is 12 months from the dateof approval for the issuance. Relevant work is currently in progress.
2. Lawsuits of the Company
On February 23, 2022, the company received the Subpoena (2022) Yue 0303 Min Chu No. 3787, Complaint,Notice of Response, Civil Ruling Paper (2020) Yue 0303 Zhi Bao No. 498 and other legal documents fromShenzhen Luohu District People’s Court, which has accepted the lawsuit brought by the plaintiff Shenzhen JianzhiIndustrial Development Co., Ltd. against the company on the grounds of “joint venture and cooperativedevelopment of real estate contract disputes”, the amount involved was 30.859 million yuan. Meanwhile, theCompany filed a counter suit against Shenzhen Jianzhi Industrial Development Co., ltd, appealing payment of 6million yuan in project returns. The above case was held at the Luohu Court of Shenzhen on the morning of May11, 2022, and the counterclaim was held at the same time as the present claim, and no judgement was pronouncedin court. On August 19, 2022, the Company received the Civil Ruling Paper (2022) Yue0303 Min Chu No.3787from Shenzhen Luohu District People’s Court, found more in the “Progress of the Lawsuits” (Notice No.:
2022-019) released on Juchao Website dated August 23, 2022. According to the first trial verdict by ShenzhenLuohu District People’s Court, the case will not have a material adverse impact on the profit for the current periodor post-period profit. As of the date of this announcement, the lawsuit is still in the validity period for appeal, theCompany will fulfill information disclosure obligations in a timely manner, according to the progress of thelawsuits. Majority of the investors are caution on the investment risks.
Board of Directors ofShenzhen China Bicycle Company (Holdings) Limited
24 August 2022