SHAANDONG CHENNMING PAPEER HOLLDINGS LIMIT ED *
20116 Third Quarteerly Repport
Occtober 20016
Report for the Third Quarter of 2016 of Shandong Chenming Paper Holdings Limited
I Important Notice
The board of directors (the “Board”), the supervisory committee (the
“Supervisory Committee”) and the directors (the “Directors”), supervisors (the
“Supervisors”) and senior management (the “Senior Management”) of the
Company hereby warrant the truthfulness, accuracy and completeness of the
contents of the quarterly report, guarantee that there are no false representations,
misleading statements or material omissions contained in this quarterly report,
and are jointly and severally responsible for the liabilities of the Company.
All Directors were present in person at the Board meeting to consider and
approve this quarterly report.
Chen Hongguo, the head of the Company, Hu Jinbao, the head in charge of
accounting and Dong Lianming, the head of the accounting department
(Accounting Officer), declare that they warrant the truthfulness, accuracy and
completeness of the financial statements in the quarterly report.
— 2—
Report for the Third Quarter of 2016 of Shandong Chenming Paper Holdings Limited
II Major financial data and change of shareholders
I. Major accounting data and financial indicators
Retrospective adjustment to or restatement of the accounting data for prior years
by the Company due to change of accounting policies and correction of
accounting errors
□ Yes √ No
Increase/decrease
as at the
end of the
reporting
period
compared to
As at the end of the end of
the reporting As at the end of the prior
period the prior year year
Total assets (RMB) 85,756,600,987.16 77,961,699,547.59 10.00%
Net assets attributable to
shareholders of the
Company (RMB) 21,965,933,958.53 16,871,494,584.82 30.20%
Increase/decrease
for the period
from the
beginning of the
Increase/decrease year to the end
for the reporting of the reporting
period as From the period compared
compared to the beginning of the to the
corresponding year to the end corresponding
The reporting period of the of the reporting period of the
period prior year period prior year
Revenue (RMB) 5,965,699,811.33 15.25% 16,572,058,544.35 11.26%
Net profit attributable to
shareholders of the
Company (RMB) 614,998,648.94 115.84% 1,554,163,519.54 176.87%
Net profit after extraordinary
gains or losses attributable
to shareholders of the
Company (RMB) 522,725,460.32 149.87% 1,264,536,544.14 229.60%
Net cash flows from operating
activities (RMB) — — -3,120,091,496.30 63.82%
Basic earnings per share
(RMB per share) 0.29 93.33% 0.74 155.17%
Diluted earnings per share
(RMB per share) 0.29 93.33% 0.74 155.17%
Rate of return on net assets on
weighted average basis 2.91% 1.12% 8.80% 5.04%
Note: Net profit attributable to ordinary shareholders of the Company shall exclude the effect of
interest payment deferred and accumulated to subsequent periods for perpetual bonds under
other equity instruments. The interest accrued but not yet declared for the perpetual bonds for
the period from January to September of 2016 (of RMB114,645,792.35) was deducted when
calculating the financial indicators such as earnings per share and the rate of return on net
assets on weighted average basis.
— 3—
Report for the Third Quarter of 2016 of Shandong Chenming Paper Holdings Limited
Unit: RMB
Am ounts for the period
from the beginning of the
year to the end of the
Item reporting period Note
Profit or loss from disposal
of non-current assets
(including write-off of
provision for asset
impairment) -1,336,416.11
Government grants (except
for the government grants
closely related to the
normal operation of the
company and granted
constantly at a fixed
amount or quantity in
accordance with a certain
standard based on state
policies) 312,406,806.87
Profit or loss from debt
restructuring 1,832,079.05
Profit or loss arising from
external entrusted loans 65,910,377.36
Non-operating gains and
losses other than the above
items 6,029,580.49
Gain or loss from changes in
fair value of consumable
biological assets
subsequently measured at
fair value -10,599,543.68
Less: Effect of income tax 81,481,835.71
Effect of minority
interests (after tax) 3,134,072.87
Total 289,626,975.40 —
— 4—
Report for the Third Quarter of 2016 of Shandong Chenming Paper Holdings Limited
Notes for the Company‘s extraordinary gain or loss items as defined in the
Explanatory Announcement on Information Disclosure for Companies Offering Their
Securities to the Public No.1 - Extraordinary Gains or Losses and the extraordinary
gain or loss items as illustrated in the Explanatory Announcement on Information
Disclosure for Companies Offering Their Securities to the Public No.1 -
Extraordinary Gains or Losses defined as recurring gain or loss items
□ Applicable √ Not applicable
No extraordinary gain or loss items as defined or illustrated in the Explanatory
Announcement on Information Disclosure for Companies Offering Their Securities to
the Public No.1 - Extraordinary Gains or Losses were defined by the Company as its
recurring gain or loss items during the reporting period.
— 5—
Report for the Third Quarter of 2016 of Shandong Chenming Paper Holdings Limited
II. Total number of shareholders and the shareholdings of the top ten
shareholders as at the end of the reporting period
1. Total number of shareholders of ordinary shares and shareholders of
preference shares with restored voting rights and the shareholdings of the
top ten shareholders
Unit: share
Total number of shareholders of 102,567, of which 78,829 were Total number of shareholders of
ordinary shares as at the end holders of A shares, 23,251 were preference shares with restored voting
of the reporting period holders of B shares and 487 were right as at the end of the reporting
holders of H shares period (if any)
Shareholdings of top 10 shareholders
Name of shareholders Nature of Percentage of Number of Number of Share pledged or
shareholders shareholding shares held restricted locked-up
shares held Status of Number
shares
SHOUGUANG CHENMING State-owned legal 15.13% 293,003,657 0 Pledged 188,089,000
HOLDINGS COMPANY person
LIMITED
HKSCC NOMINEES Overseas legal 13.26% 256,807,900 0
LIMITED person
CHENMING HOLDINGS Overseas legal 7.26% 140,662,979 0
(HONG KONG) LIMITED person
CENTRAL HUIJIN ASSET Domestic 2.07% 40,137,900 0
MANAGEMENT LTD. non-state-owned
legal person
HUATAI SECURITIES CO., Domestic 1.22% 23,654,061 0
LTD. non-state-owned
legal person
BOSERA FUNDS — BANK Others 0.93% 18,000,000 0
OF CHINA — PING AN
LIFE INSURANCE —
PING AN LIFE
INSURANCE
ENTRUSTED
INVESTMENT
NO.1 ASSET
MANAGEMENT PLAN
ANBANG ASSET Others 0.91% 17,584,190 0
MANAGEMENT —
CHINA MERCHANTS
BANK — ANBANG
ASSET — CHINA
MERCHANTS BANK —
ANBANG ASSET —
WIN-WIN NO.3
COLLECTIVE ASSET
MANAGEMENT
PRODUCT
NATIONAL SOCIAL Others 0.58% 11,156,400 0
SECURITY FUND 418
— 6—
Report for the Third Quarter of 2016 of Shandong Chenming Paper Holdings Limited
INDUSTRIAL AND Others 0.49% 9,500,000 0
COMMERCIAL BANK
OF CHINA CO., LTD. —
BOSERA EXCELLENT
BRAND STOCK FUND
(LOF)
BBH A/C VANGUARD Overseas legal 0.44% 8,608,238 0
EMERGING MARKETS person
STOCK INDEX FUND
— 7—
Report for the Third Quarter of 2016 of Shandong Chenming Paper Holdings Limited
Shareholdings of the top ten shareholders of non-restricted shares
Number of Class of shares
non-restricted
Name of shareholders shares held Class of shares Number
SHOUGUANG CHENMING 293,003,657 RMB ordinary 293,003,657
HOLDINGS COMPANY LIMITED shares
HKSCC NOMINEES LIMITED 256,807,900 Overseas listed 256,807,900
foreign shares
CHENMING HOLDINGS (HONG 140,662,979 Domestic listed 46,447,979
KONG) LIMITED foreign shares
Overseas listed 94,215,000
foreign shares
CENTRAL HUIJIN ASSET 40,137,900 RMB ordinary 40,137,900
MANAGEMENT LTD. shares
HUATAI SECURITIES CO., LTD. 23,654,061 RMB ordinary 23,654,061
shares
BOSERA FUNDS — BANK OF 18,000,000 RMB ordinary 18,000,000
CHINA — PING AN LIFE shares
INSURANCE — PING AN LIFE
INSURANCE ENTRUSTED
INVESTMENT NO.1 ASSET
MANAGEMENT PLAN
ANBANG ASSET MANAGEMENT — 17,584,190 RMB ordinary 17,584,190
CHINA MERCHANTS BANK —
