Report for the First Quarter of 2015 of Foshan Electrical and Lighting Co., Ltd.
Foshan Electrical and Lighting Co., Ltd.
Report for the First Quarter of 2015
April 2015
Report for the First Quarter of 2015 of Foshan Electrical and Lighting Co., Ltd.
Section I. Important Reminders
The Board of Directors, the Supervisory Committee, directors, supervisors and senior management
staff of Foshan Electrical and Lighting Co., Ltd. (hereinafter referred to as ―the Company‖) warrant
that the information carried in 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 have attended in person the board session for reviewing this report except the
following:
Name Position Reason for not attending the session in person Name of the proxy
Ye zaiyou Director ON business Liu xingming
Pan Jie, company principal and chief of the accounting work, and Yin Jianchun, chief of the
accounting organ (chief of accounting), hereby confirm that the Financial Report enclosed in this
report is factual, accurate and complete.
Report for the First Quarter of 2015 of Foshan Electrical and Lighting Co., Ltd.
Section II. Financial Highlights & Changes in Shareholders
I. Main accounting data and financial indicators
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
Jan.-Mar. 2015 Jan.-Mar. 2014 +/- (%)
Operating revenues (RMB Yuan) 767,330,509.62 700,112,630.46 9.60%
Net profit attributable to shareholders of
99,482,670.12 71,352,349.51 39.42%
the Company (RMB Yuan)
Net profit attributable to shareholders of
the Company after extraordinary gains and 81,758,984.51 70,585,391.84 15.83%
losses (RMB Yuan)
Net cash flows from operating activities
67,138,040.36 82,012,774.68 -18.14%
(RMB Yuan)
Basic EPS (RMB Yuan/share) 0.102 0.073 39.73%
Diluted EPS (RMB Yuan/share) 0.102 0.073 39.73%
Weighted average ROE (%) 3.22% 2.44% 0.78%
31 Mar. 2015 31 Dec. 2014 +/- (%)
Total assets (RMB Yuan) 3,834,616,629.86 3,736,704,336.40 2.62%
Net assets attributable to shareholders of
3,126,382,990.82 3,044,585,720.58 2.69%
the Company (RMB Yuan)
Items and amounts of extraordinary gains and losses
√ Applicable □ Inapplicable
Unit: RMB Yuan
Item Jan.-Mar. 2015 Explanation
Gains/losses on the disposal of non-current assets (including the
-301,166.90
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
624,400.72
certain quotas or amounts according to the government’s unified
standards
Gains and losses on change in fair value from tradable financial
assets and tradable financial liabilities, as well as investment
17,063,266.56
income from disposal of tradable financial assets and tradable
financial liabilities and financial assets available for sales except
Report for the First Quarter of 2015 of Foshan Electrical and Lighting Co., Ltd.
for effective hedging related with normal businesses of the
Company
Non-operating income and expense other than the above 137,214.38
Other gain and loss items that meet the definition of an
433,548.10
extraordinary gain/loss
Less: Income tax effects 165,777.10
Minority interests effects (after tax) 67,800.15
Total 17,723,685.61 --
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 the
Public—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 in the reporting period.
II. Total number of shareholders at the period-end and shareholdings of top 10 shareholders
1. Total number of common shareholders at the period-end and shareholdings of top 10 common
shareholders
Unit: share
Total number of common
94,673
shareholders at the period-end
Shareholdings of top 10 common shareholders
Number of Pledged or frozen shares
Name of Nature of Shareholding Number of shares
restricted shares
shareholder shareholder percentage (%) held Status of shares Number of shares
held
OSRAM Holding
Foreign
Company 13.47% 131,815,685
corporation
Limited
Prosperity Lamps
Foreign
& Components 10.50% 102,751,648
corporation
Limited
Essence
International Foreign
2.02% 19,735,497
Securities (Hong corporation
Kong) Co., Ltd.
DBS
Foreign
VICKERS(HON 1.79% 17,501,979
corporation
G KONG) LTD
Report for the First Quarter of 2015 of Foshan Electrical and Lighting Co., Ltd.
A/C CLIENTS
Agricultural
Bank of China
–China Post Core Other 1.64% 16,002,000
Growth Stock
Fund
Foreign
Zhuang Jianyi 0.85% 8,324,132
individual
National Social
Security Fund Other 0.80% 7,875,787
Portfolio No. 401
Agricultural
Bank of China
Co., Ltd.—SWS
MU China
Securities
Environmental Other 0.53% 5,226,561
Protection
Industry Index
Classification
Securities
Investment Fund
Domestic
Zou Hanshu 0.51% 5,000,000
individual
BBH A/C
VANGUARD
EMERGING Foreign
0.47% 4,592,770
MARKETS corporation
STOCK INDEX
FUND
Shareholdings of top 10 non-restricted common shareholders
Variety of shares
Name of shareholder Number of non-restricted common shares held
Variety Number
RMB ordinary
OSRAM Holding Company Limited 131,815,685 131,815,685
shares
Prosperity Lamps & Components RMB ordinary
102,751,648 102,751,648
Limited shares
Domestically
Essence International Securities
19,735,497 listed foreign 19,735,497
(Hong Kong) Co., Ltd.
shares
Report for the First Quarter of 2015 of Foshan Electrical and Lighting Co., Ltd.
Domestically
DBS VICKERS(HONG KONG)
17,501,979 listed foreign 17,501,979
LTD A/C CLIENTS
shares
Agricultural Bank of China –China RMB ordinary
16,002,000 16,002,000
Post Core Growth Stock Fund shares
Domestically
Zhuang Jianyi 8,324,132 listed foreign 8,324,132
shares
National Social Security Fund RMB ordinary
7,875,787 7,875,787
Portfolio No. 401 shares
Agricultural Bank of China Co.,
Ltd.—SWS MU China Securities
RMB ordinary
Environmental Protection Industry 5,226,561 5,226,561
shares
Index Classification Securities
Investment Fund
RMB ordinary
Zou Hanshu 5,000,000 5,000,000
shares
BBH A/C VANGUARD Domestically
EMERGING MARKETS STOCK 4,592,770 listed foreign 4,592,770
INDEX FUND shares
Among the top ten shareholders of the Company, Prosperity Lamps & Components Limited
Explanation on associated
and Zhuang Jianyi were related parties and acting-in-concert parties. Apart from that, it’s
relationship or persons acting in
unknown whether there was any associated relationship among other shareholders of the top
concert among the above-mentioned
ten shareholders, or whether there is any action-in-concert among them regarding to
shareholders
Administrative Measures on Acquisition of Listed Companies.
Top 10 common shareholders taking Zou Shuhan, an individual shareholder, holds 0 shares in the Company through the common
part in securities margin trading (if securities account and 5,000,000 shares through a credit trading guarantee securities account.
any) As such, the shares that he holds in the Company total 5,000,000 shares.
Did any of the top 10 common shareholders or the top 10 non-restricted common shareholders of the Company
conduct any promissory repo during the reporting period?
□ Yea √ No
No such cases 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 First Quarter of 2015 of Foshan Electrical and Lighting Co., Ltd.
Section III. Significant Events
I. Significant changes of the major accounting statement items and financial indicators for the
reporting period, as well as the reasons for these changes
√ Applicable □ Inapplicable
Unit: RMB Yuan
Opening balance/
Closing balance/ Ratio of
Statement item Same period of Reason for change
Current period change
last year
Financial assets measured 68,916,391.00 20,320.00 339055.47% Stocks purchased
at fair value with changes increased.
recorded into current gains
and losses
Prepayments 23,798,780.10 12,551,566.91 89.61% Prepayments for
materials increased.
Interest receivable 4,007,764.53 2,101,275.54 90.73% The interest receivable
on term deposits in
banks increased.
Other current assets 10,354,867.56 31,783,068.68 -67.42% The undeducted input
tax decreased.
Long-term deferred 1,230,925.74 918,958.73 33.95% Decoration of the rented
expenses plants increased.
Taxes and fares payable 21,823,776.88 13,881,113.81 57.22% Various taxes and fares
increased.
Selling expenses 21,558,608.80 34,383,380.15 -37.30% The marketing expenses
decreased.
Financial expenses -6,645,447.07 -3,547,566.46 87.32% Exchange gains
increased.
Asset impairment losses 3,865,036.47 -1,518,200.77 354.58% Bad-debt provisions
increased.
Gains on fair value changes 388,061.46 99,573.50 289.72% The fair value of
transactional financial
assets changed.
Investment gains 17,245,640.35 -998,467.92 1827.21% The gains on sale of
securities increased.
Non-operating expenses 375,700.60 7,102.82 5189.46% Scrapped assets
increased.
Report for the First Quarter of 2015 of Foshan Electrical and Lighting Co., Ltd.
Tax and fare refunds 9,580,359.33 17,593,990.28 -45.55% The export tax rebates
decreased.
Cash received as 17,496,814.66 0.00 100.00% The gains on sale of
investment gains stocks increased.
Cash paid for investment 62,132,280.92 1,645,600.00 3675.66% Securities investments
increased.
II. Progress of significant events and analysis & explanations on their influence and solutions
√ Applicable □ Inapplicable
1. In Mar. 2013, CSRC Guangdong administered an administrative punishment on the illegal information
disclosure of the Company. During the period from Sept. 2013 to Mar. 2015, a total of 2279 plaintiffs separately
sued the Comp
