Stock Code: 000570, 200570 Stock Name: Changchai, Changchai-B Announcement No. 2022-041
CHANGCHAI COMPANY, LIMITEDINTERIM REPORT 2022 (SUMMARY)Part I Important Notes
This Summary is based on the full Interim Report of Changchai Company, Limited (together with its consolidatedsubsidiaries, the “Company”, except where the context otherwise requires). In order for a full understanding of theCompany’s operating results, financial condition and future development plans, investors should carefully readthe aforesaid full text, which has been disclosed together with this Summary on the media designated by the ChinaSecurities Regulatory Commission (the “CSRC”).All the Company’s directors have attended the Board meeting for the review of this Report and its summary.Independent auditor’s modified opinion:
□ Applicable √ Not applicable
Board-approved interim cash and/or stock dividend plan for ordinary shareholders:
□ Applicable √ Not applicable
The Company has no interim dividend plan, either in the form of cash or stock.Board-approved interim cash and/or stock dividend plan for preference shareholders:
□ Applicable √ Not applicable
This Report and its summary have been prepared in both Chinese and English. Should there be any discrepanciesor misunderstandings between the two versions, the Chinese versions shall prevail.Part II Key Corporate Information
1. Stock Profile
| Stock name | Changchai, Changchai-B | Stock code | 000570, 200570 | |
| Stock exchange | Shenzhen Stock Exchange | |||
| Contact information | Board Secretary | Securities Representative | ||
| Name | He Jianjiang | |||
| Office address | 123 Huaide Middle Road, Changzhou, Jiangsu, China | |||
| Tel. | （86）519-68683155 | |||
| E-mail address | cchjj@changchai.com | |||
2. Key Financial Information
Indicate by tick mark whether there is any retrospectively restated datum in the table below.
□ Yes √ No
| H1 2022 | H1 2021 | Change (%) | |
| Operating revenue (RMB) | 1,178,222,492.04 | 1,497,170,455.80 | -21.30% |
| Net profit attributable to the listed company’s shareholders (RMB) | -14,595,269.61 | 129,189,065.60 | —— |
| Net profit attributable to the listed company’s shareholders before exceptional gains and losses (RMB) | -5,809,360.07 | 27,160,414.58 | —— |
| Net cash generated from/used in operating activities (RMB) | -74,300,501.12 | -92,554,120.06 | —— |
| Basic earnings per share (RMB/share) | -0.0207 | 0.2301 | —— |
| Diluted earnings per share (RMB/share) | -0.0207 | 0.2301 | —— |
| Weighted average return on equity (%) | -0.48% | 5.51% | -5.99% |
| 30 June 2022 | 31 December 2021 | Change (%) | |
| Total assets (RMB) | 4,956,058,838.71 | 4,860,382,961.26 | 1.97% |
| Equity attributable to the listed company’s shareholders (RMB) | 2,994,802,512.99 | 3,077,550,018.33 | -2.69% |
3. Shareholders and Their Holdings as at the end of the Reporting Period
Unit: share
| Number of ordinary shareholders | 57,434 | Number of preference shareholders with resumed voting rights (if any) | 0 | |||
| Top 10 shareholders | ||||||
| Name of shareholder | Nature of shareholder | Shareholding percentage | Number of shares | Restricted shares | Shares in pledge, marked or frozen | |
| Status | Shares | |||||
| Changzhou Investment Group Co., Ltd | State-owned legal person | 32.26% | 227,663,417 | 56,818,181 | ||
| Chen Jian | Domestic natural person | 0.70% | 4,952,045 | |||
| China National Gold Group Asset Management Co., Ltd. | State-owned corporation | 0.45% | 3,200,000 | |||
| KGI ASIA LIMITED | Foreign legal person | 0.44% | 3,101,695 | |||
| Yao Jianquan | Domestic natural person | 0.24% | 1,699,954 | |||
| China Minsheng Bank-Goldstate Yuanqi Dynamic Asset Allocation Mixed Type Securities Investment Fund | Other | 0.22% | 1,579,173 | |||
| Li Suinan | Domestic natural | 0.22% | 1,569,100 | |||
| person | ||||||
| Huang Guoliang | Domestic natural person | 0.22% | 1,528,891 | |||
| Su Zhenxing | Domestic natural person | 0.21% | 1,490,393 | |||
| Lu Zhang | Domestic natural person | 0.19% | 1,370,112 | |||
| Related or acting-in-concert parties among the shareholders above | It is unknown whether there is among the top 10 public shareholders and the top 10 unrestricted public shareholders any related parties or acting-in-concert parties as defined in the Administrative Measures for Information Regarding Shareholding Alteration. | |||||
| Shareholders involved in securities margin trading (if any) | Shareholders Chen Jian and Yao Janquan held 3,380,000 and 1,699,954 shares respectively in the Company through their margin accounts. | |||||
4. Change of the Controlling Shareholder and the De Facto Controller in the Reporting PeriodChange of the controlling shareholder in the Reporting Period:
□ Applicable √ Not applicable
The controlling shareholder remained the same in the Reporting Period.Change of the de facto controller in the Reporting Period:
□ Applicable √ Not applicable
The de facto controller remained the same in the Reporting Period.
5. Number of Preference Shareholders and Shareholdings of Top 10 of ThemNo preference shareholders in the Reporting Period.
6. Outstanding Bonds at the Date when this Report Was Authorized for Issue
□ Applicable √ Not applicable
Part III Significant EventsThe Sixth Extraordinary Meeting of the Board of Directors in 2021 held by the Company on 28 October 2021deliberated on and approved the Proposal on Participation in Bidding for 41.5% Equity Interests in ZhenjiangSiyang Diesel Engine Manufacturing Co., Ltd., authorizing the Management of the Company to participate inbidding for 41.5% equity interest in Zhenjiang Siyang Diesel Engine Manufacturing Co., Ltd. (hereinafterreferred to as "Zhenjiang Siyang") that had been put out for sale by Jiangsu Keda Assets Marketing Co., Ltd.(hereinafter, “Keda Assets”). On 12 January 2022, Jiangsu Assets and Equity Exchange Co., Ltd. issued theConfirmation of Transaction on the Transfer of 41.5% Equity Interests (Corresponding to Capital Contribution
of RMB830,000) in Zhenjiang Siyang Diesel Engine Manufacturing Co., Ltd. The Company won the bid for the
41.5% equity interests in Zhenjiang Siyang at a price of RMB33,520,800.00. On 23 February 2022, theCompany signed the Contract on Transfer of State-owned Property Rights with Keda Assets. On 9 March 2022,Zhenjiang Siyang has completed the relevant registration alteration formalities with the competent industrialand commercial administration. On 16 May 2022, Zhenjiang Siyang held meetings of shareholders, the Boardof Directors and the Supervisory Committee to elect and appoint new members for the Board of Directors, theSupervisory Committee and management. Zhenjiang Siyang has been included in the consolidated financialstatements of the Company.