司公限有份股心中游旅海东大南海 2015 文全告报度年年
Short Form of the Stock: Donghai-A, Donghai-B Stock Code: 000613, 200613
海南大东海旅游中心股份有限公司
Hainan Dadonghai Tourism Centre (Holdings) Co., Ltd.
Annual Report 2015
(Full Text)
Disclosure Date: 26 March 2016
司公限有份股心中游旅海东大南海 2015 文全告报度年年
Section I. Important Notice, Contents and Paraphrase
Important Notice:
Board of Directors, Supervisory Committee, all directors, supervisors and senior executives of
Hainan Dadonghai Tourism Centre (Holdings) Co., Ltd. (hereinafter referred to as the
Company) hereby confirm that there are no any fictitious statements, misleading statements, or
important omissions carried in this report, and shall take all responsibilities, individual and/or
joint, for the reality, accuracy and completion of the whole contents.
All directors are attending the Board Meeting for Report deliberation.
The Company has no plan of cash dividends carried out, bonus issued and capitalizing of
common reserves either.
Li Yuanbin, Principal of the Company, Fu Zongren, person in charger of accounting works and
Liu Xianghai, person in charge of accounting organ (accounting principal) hereby confirm that
the Financial Report of 2015 Annual Report is authentic, accurate and complete.
Concerning the forward-looking statements with future planning involved in the Report, they
do not constitute a substantial commitment for investors. Investors are advised to exercise
caution of investment risks.
Content
Annual Report 2015 .............................................................................................................................1
Section I Important Notice, Contents and Paraphrase ........................................................................2
Section II Company Profile and Main Finnaical Indexes ..................................................................4
Section III Summary of Company Business ......................................................................................8
Section IV Discussion and Analysis by the Management Team ........................................................9
Section V Important Events ..............................................................................................................20
Section VI Changes in shares and particular about shareholders ......................................................27
Section VII Preferred Stock………………………………………………………………………..34
Section VIII Particulars about Directors, Supervisors,Senior Executives and Employees................35
Section IX Corporate Governance .....................................................................................................42
Section X Financial Report ................................................................................................................50
Section XI Documents available for reference ................................................................................121
司公限有份股心中游旅海东大南海 2015 文全告报度年年
Paraphrase
Items Refers to Contents
CSRC Refers to China Securities Regulation Commission
SSE Refers to Shenzhen Stock Exchange
Company Law Refers to Company Law of The People’s Republic of China
Securities Law Refers to Securities Law of The People’s Republic of China
Rules of Listing Refers to Rules of Shenzhen Stock Exchange for the Listing of Stocks
Company/the Company Refers to Hainan Dadonghai Tourism Centre (Holdings) Co., Ltd.
Article of Association of Hainan Dadonghai Tourism Centre (Holdings)
Article of Association Refers to
Co., Ltd.
Shareholders’ General Meeting of Hainan Dadonghai Tourism Centre
Shareholders’ General Meeting Refers to
(Holdings) Co., Ltd.
Board Refers to Board of Hainan Dadonghai Tourism Centre (Holdings) Co., Ltd.
Supervisory Committee of Hainan Dadonghai Tourism Centre
Supervisory Committee Refers to
(Holdings) Co., Ltd.
Yuan Refers to RMB
In the reporting period, the reporting period Refers to 2015-1 -1 to 2015 -12 -31
Major Risk Warning
Concerning the forward-looking statements with future planning involved in the Report, they do not
constitute a substantial commitment for investors. Investors are advised to exercise caution of
investment risks.
Securities Times, Hong Kong Commercial Daily and Juchao Website (www.cninfo.com.cn) are the
media for information disclosure appointed by the Company for year of 2016, all information under
the name of the Company disclosed on the above said media shall prevail.
The report is prepared in bilingual versions of Chinese and English respectively, in the event of any
discrepancy in understanding the two aforementioned versions, the Chinese version shall prevail.
Investors are advised to exercise caution of investment risks.
Section II Company Profile and Main Finnaical Indexes
I. Company information
Short form of the stock Donghai-A , Donghai-B Stock code 000613 、 200613
Short form of the Stock after
N/A
changed
Stock exchange for listing Shenzhen Stock Exchange
Name of the Company (in
Chinese)
司公限有份股心中游旅海东大南海
Short form of the Company
(in Chinese)
海东大
Foreign name of the Company Hainan Dadonghai Tourism Centre (Holdings) Co.,Ltd.
Foreign name of short form of
DADONGHAI
the Company
Legal representative Li Yuanbin
Registrations add. Dadonghai Sanya
Code for registrations add 572021
Offices add. Dadonghai Sanya
Codes for office add.
Company website http://www.cninfo.com.cn
Email hnddhhn@21cn.com
II. Person/Way to contact
Secretary of the Board Rep. of security affairs
Name Wang Hongjuan
Contact add. Dadonghai Sanya
Tel. 0898-88219921
Fax. 0898-88214998
E-mail hnddhhn@21cn.com
III. Information disclosure and preparation place
Newspaper appointed for information disclosure Securities Times, Hong Kong Commercial Daily
Website for annual report publish appointed by CSRC http://www.cninfo.com.cn
司公限有份股心中游旅海东大南海 2015 文全告报度年年
Preparation place for annual report Security department of the Company
IV. Registration changes of the Company
Organization code Unified social credit code 91460000201357188U
Changes of main business since listing No changes
1. The Company listed A-stock in January 1997, and 96.327 million A-stock shares are
held by Hainan Dadonghai Tourism Centre Group Co., ltd., a 26.46% in total share capital
of the Company and is the first majority shareholder of the Company also.
2. On 25 December 1998, the shares held by Hainan Dadonghai Tourism Centre Group
Co., ltd were transfer to Sanya ABC through the courts of justice, and after obtained the
shares in December 1998, Sanya ABC entrust wholly-owned subordinate enterprise Sanya
Bank-Agriculture Industrial Development Corp. to hold the aforesaid shares, than the first
majority shareholder of the Company comes to Sanya Bank-Agriculture Industrial
Development Corp.
3. On 12 December 2000, the aforesaid equity was stripped to name of China Greatwall
Previous changes for controlling
Assets Management Corporation, the first majority shareholder of the Company.
shareholders
4. On 19 September 2001, China Greatwall Assets Management Corporation entered into
“Equity Transfer Agreement” with Haikou Food Co., Ltd for 60 million shares transfer; and
gained approval of [2002] No.: 430 from Ministry of Finance dated 18 October 2002, than
the first majority shareholder of the Company comes to Haikou Food Co., Ltd.
5. On 24 April 2008, Haikou Agriculture & Industry & Trade Luoniushan Co., Ltd. entered
into the “Statement”, confirmed that the 60 million shares held by Haikou Food Co., Ltd.
were under the name of Haikou Agriculture & Industry & Trade Luoniushan Co., Ltd., the
shares’ ownership have been transfer dated 29 January 2010. Therefore, Haikou
Agriculture & Industry & Trade Luoniushan Co., Ltd. comes to the first majority
shareholder of the Company.
V. Other relevant information
CPA engaged by the Company
Name of CPA BDO CHINA Shu Lun Pan Certified Public Accountants LLP
Offices add. for CPA 4# Building, No. 61, Nanjing Rd.(E), Shanghai
Signing Accountants Liu Zebo, Zhu Meirong
Sponsor engaged by the Company for performing continuous supervision duties in reporting period
□ Applicable √ Not applicable
Financial consultant engaged by the Company for performing continuous supervision duties in reporting period
□ Applicable √ Not applicable
VI. Main accounting data and financial indexes
Whether it has retroactive adjustment or re-statement on previous accounting data for accounting policy changed and accounting
error correction or not
司公限有份股心中游旅海东大南海 2015 文全告报度年年
□ Yes √ No
2015 2014 Changes over last year
Operating income (RMB) 15,885,922.90 20,202,134.10 -21.37% 23,660,779.80
Net profit attributable to shareholders
-7,477,866.40 2,503,486.47 -398.70% -2,199,319.96
of the listed company(RMB)
Net profit attributable to shareholders
of the listed company after deducting -9,474,005.29 -2,709,988.03 -249.60% -2,283,020.26
non-recurring gains and losses(RMB)
Net cash flow arising from operating
-1,745,526.28 2,432,068.08 -171.77% 2,615,368.77
activities(RMB)
Basic earnings per share (RMB/Share) -0.0205 0.0069 -397.10% -0.0060
Diluted earnings per share
-0.0205 0.0069 -397.10% -0.0060
(RMB/Share)
Return on Equity -9.27% 3.01% -12.28% -2.65%
Changes over end of
End of 2015 End of 2014 End of 2013
last year
Total assets (RMB) 104,887,596.60 114,080,998.28 -8.06% 113,960,862.69
Net assets attributable to shareholder
76,937,467.93 84,415,334.33 -8.86% 81,911,847.86
of listed company (RMB)
VII. Difference of the accounting data under accounting rules in and out of China
1. Difference of the net profit and net assets disclosed in financial report, under both IAS (International
Accounting Standards) and Chinese GAAP (Generally Accepted Accounting Principles)
□ Applicable √ Not applicable
The Company had no difference of the net profit or net assets disclosed in financial report, under either IAS (International
Accounting Standards) or Chinese GAAP (Generally Accepted Accounting Principles) in the period.
2. Difference of the net profit and net assets disclosed in financial report, under both foreign accounting
rules and Chinese GAAP (Generally Accepted Accounting Principles)
□ Applicable √ Not applicable
The Company had no difference of the net profit or net assets disclosed in financial report, under either foreign accounting rules or
Chinese GAAP (Generally Accepted Accounting Principles) in the period.
VIII. Quarterly main financial index
In RMB
First quarter Second quarter Third quarter Fourth quarter
司公限有份股心中游旅海东大南海 2015 文全告报度年年
Operating income 6,260,948.00 2,160,348.50 2,839,915.00 4,624,711.40
Net profit attributable to
-112,934.03 -3,279,032.61 -3,054,236.00 -1,031,663.76
shareholders of the listed company
Net profit attributable to
shareholders of the listed company
-1,347,584.53 -3,449,529.47 -3,085,920.00 -1,590,971.29
after deducting non-recurring gains
and losses
Net cash flow arising from
953,736.43 -122,826.02 -1,036,666.14 -1,539,770.55
operating activities
Whether there are significant differences between the above-mentioned financial index or its total number and the relevant financial
index disclosed in the company’s quarterly report and semi-annual report
□Yes √ No
IX. Items and amounts of extraordinary profit (gains)/loss
√Applicable □ Not applicable
In RMB
Item 2015 2014 2013 Note
Gains/losses from the disposal of non-current asset (including the
-90,560.75 5,119,583.45 -39,699.50
write-off that accrued for impairment of assets)
Capital occupation fees charged by non financial enterprises
422,000.00
recorded in the current profits and losses
Other non-operating income and expenditure except for the
1,664,699.64 93,891.05 123,399.80
aforementioned items
Total 1,996,138.89 5,213,474.50 83,700.30 --
Concerning the extraordinary profit (gain)/loss defined by Q&A Announcement No.1 on Information Disclosure for Companies
Offering Their Securities to the Public --- Extraordinary Profit/loss, and the items defined as recurring profit (gain)/loss according to
the lists of extraordinary profit (gain)/loss in Q&A Announcement No.1 on Information Disclosure for Companies Offering Their
Securities to the Public --- Extraordinary Profit/loss, explain reasons
□ Applicable √ Not applicable
In reporting period, the Company has no particular about items defined as recurring profit (gain)/loss according to the lists of
extraordinary profit (gain)/loss in Q&A Announcement No.1 on Information Disclosure for Companies Offering Their Securities to
the Public --- Extraordinary Profit/loss
司公限有份股心中游旅海东大南海 2015 文全告报度年年
Section III Summary of Company Business
I. Main businesses of the company in the reporting period
The company's main business is hotel accommodation and catering services. Procurement of goods is mainly the
goods and materials necessary for hotel and catering operations by taking the principle of low price and fine
quality, some goods are purchased by directly signing purchase contracts with suppliers, and some good are
purchased by procurement agents. The selling is mainly based on internet marketing and supplemented by the
individual travelers of non-internet marketing and business and the tourists from travel agencies. The hotel is
located at the central zone of Dadonghai scenic spot in Sanya City, Hainan Province, and it has become a member
of the nationwide famous hotels because of the convenient transportation, beautiful environment, long history, and
rich culture. However, in recent years, the local high-, middle- and low-grade hotels or guesthouses numerously
emerge, resulting in the supply much larger than the market demand, the industry competition is rather fierce, and
the pressure of decline in business remains.
II. Major changes in main assets
1. Major changes in main assets
□ Applicable √ Not applicable
2. Main overseas assets
□ Applicable √ Not applicable
III. Core Competitiveness Analysis
The company takes hotel accommodation and catering services as the principle works, locates at Dadonghai bay
which is one of the China “Top 40 scenery” and the only AAAA scenic spot open for free in Sanya and has the
maximum passenger flow volume in Sanya City, and is about a 5-minute drive from downtown of Sanya City and
about a 30-munite drive from Sanya
