Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
長 城 汽 車 股 份 有 限 公 司
GREAT WALL MOTOR COMPANY LIMITED*(a joint stock company incorporated in the People's Republic of China with limited liability)
(Stock Code: 2333) 2016 FIRST QUARTERLY REPORTThe Board hereby announces the 2016 First Quarterly Report of the Company. This report was prepared in accordance with China Accounting Standards for Business Enterprises and has not been audited.
This announcement is made pursuant to Rule 13.09 of the Listing Rules and Part XIVA of the Securities and Futures Ordinance.
The board of directors (the "Board") of Great Wall Motor Company Limited (the "Company") hereby announces the unaudited results of the Company and its subsidiaries for the three months ended 31 March 2016 (the "Reporting Period") (the "First Quarterly Report"), which were prepared in accordance with China Accounting Standards for Business Enterprises. This announcement is made pursuant to Rule 13.09 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules") and Part XIVA of the Securities and Futures Ordinance.
The contents of this announcement are consistent with the announcement published on the Shanghai Stock Exchange. This announcement is published simultaneously in Hong Kong and Shanghai.
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IMPORTANT NOTICE
The Board, the Supervisory Committee and the directors, supervisors and senior management of the Company warrant that the information in this quarterly report is true, accurate and complete, and does not contain any false representations, misleading statements or material omissions and they jointly and severally take legal responsibility for its contents.
All the directors of the Company attended the Board meeting to consider and approve this quarterly report.
Wei Jian Jun, person-in-charge of the Company, Li Feng Zhen, person-in-charge of the accounting affairs and Lu Cai Juan, person-in-charge of the accounting department (head of the accounting department) warrant the truthfulness, accuracy and completeness of the financial statements in this quarterly report.
The First Quarterly Report has not been audited.
- KEY FINANCIAL DATA AND CHANGE IN SHAREHOLDERS OF THE COMPANY 2.1 Key financial data
Unit: RMB Currency: RMB
Increase/decrease as at the end of the Reporting Period As at the end of the Reporting Period As at the end of last year over the end of last year (%)Total assets 70,393,211,150.22 71,910,626,770.84 -2.11
Net assets attributable to shareholders of the
listed company 40,763,466,942.10 38,330,869,377.55 6.35
From the beginning of this year to the end of the Reporting Period (January to March) From the beginning of last year to the end of the reporting period of last year (January to March) Increase/decrease as compared with the corresponding period of last year (%)Net cash flows from
operating activities -165,686,386.24 1,611,167,128.57 -110.28
From the beginning of this year to the end of the Reporting Period From the beginning of last year to the end of the reporting period of last year Increase/decrease as compared with the corresponding period of last year (%) (January to March) (January to March)Total revenue 20,879,654,967.99 19,338,781,215.26 7.97
Operating income 20,844,410,881.81 19,327,023,212.18 7.85
Net profit attributable to shareholders of
the listed company 2,396,104,310.21 2,535,906,367.40 -5.51 Net profit attributable
to shareholders of the listed company after non-recurring
gains/losses 2,357,269,934.11 2,504,137,096.17 -5.86
decreased by
Weighted average return
on net assets (%) 6.06 7.30
Basic earnings per share
1.24 percentage
points
(RMB per share) 0.26252 0.27784 -5.51
Diluted earnings per share
(RMB per share) N/A N/A N/A
Items and amounts of non-recurring gains/losses:
Applicable Not applicable
Unit: RMB Currency: RMB
Item Amount for the Reporting Period (January to March)Gains/losses on disposal of non-current assets | -4,893,249.45 |
Government subsidies included in profits and losses for the current | |
period, excluding those closely relating to the normal business | |
operations of the Company and of fixed amount or fixed quantity | |
granted on an ongoing basis in accordance with certain standards and | |
in compliance with the State policies | 28,914,654.22 |
Operating income and expenses other than the above items | 15,882,821.75 |
Investment gains from the disposal of wealth management products | 6,749,867.13 |
Gains arising from the shareholding in acquiree held before the date | |
of acquisition at fair value | 684,045.65 |
Effect of interest of minority shareholders (after tax) | -100.64 |
Income tax effect | -8,503,662.56 |
Total 38,834,376.10
Great Wall Motor Co. Ltd. issued this content on 22 April 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 22 April 2016 14:06:07 UTC
Original Document: http://www.gwm-global.com/UploadEn/2016/0422/fcf0fff52d9ec1be.pdf