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Shenzhen Chiwan Wharf Holdings Limited Semi-Annual Report 2018

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Shenzhen Chiwan Wharf Holdings Limited Semi-Annual Report 2018 Shenzhen Chiwan Wharf Holdings Limited Semi-Annual Report 2018 SHENZHEN CHIWAN WHARF HOLDINGS LIMITED SEMI-ANNUAL REPORT 2018 Date of disclosure: 31 August 2018 Shenzhen Chiwan Wharf Holdings Limited Semi-Annual Report 2018 Section I Important Reminders, Contents & Definitions The Board of Directors, the Supervisory Committee as well as all directors, supervisors and senior management staff of Shenzhen Chiwan Wharf Holdings Limited (hereinafter referred to as ―the Company‖) warrant that 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. Chairman of the Board Bai Jingtao, Chief Financial Officer Yao Shenglan and Financial Manager Li Xiaopeng hereby guarantee the factuality, accuracy and completeness of the Financial Report in this Report. This Report has been approved at the 4th Meeting of the 9th Board of Directors of the Company. Chairman of the Board Bai Jingtao was not present at the meeting in person for the reason of work, but he had expressed his consent to all the proposals to be reviewed at the meeting and authorized Vice Chairman of the Board Zhou Qinghong to attend the meeting and perform duties including hosting the meeting, expressing opinions and signing meeting documents on behalf of him. The future plans, development strategies and some other forward-looking statements mentioned in this report shall not be considered as virtual promises of the Company to investors. And investors are kindly reminded to pay attention to possible risks. Possible risks faced by the Company have been explained in ―Section IV. Performance Discussion and Analysis‖ in this Report, which investors are kindly reminded to pay attention to. Securities Times, Ta Kung Pao (HK) and www.cninfo.com.cn have been designated by the Company for information disclosure. And all information about the Company shall be subject to what’s disclosed on the aforesaid media. Investors are kindly reminded to pay attention to possible risks. The Company plans not to distribute cash dividends or bonus shares or turn capital reserve into share capital. This report is prepared in both Chinese and English. Should there be any discrepancy between the two versions, the Chinese version shall prevail. 1 Shenzhen Chiwan Wharf Holdings Limited Semi-Annual Report 2018 Contents Section I Important Reminders, Contents & Definitions ..................................................................... 1 Section II Company Profile & Financial Highlights ............................................................................ 4 Section III Business Highlights............................................................................................................ 7 Section IV Performance Discussion and Analysis ............................................................................... 9 Section V Significant Events ............................................................................................................. 19 Section VI Share Changes & Particulars about Shareholders ............................................................ 34 Section VII Preference Shares ........................................................................................................... 38 Section VIII Directors, Supervisors and Senior Management Staff .................................................. 39 Section IX Corporate Bonds .............................................................................................................. 40 Section X Financial Report ................................................................................................................ 41 Section XI Documents Available for Reference ................................................................................ 41 2 Shenzhen Chiwan Wharf Holdings Limited Semi-Annual Report 2018 Definitions Term Refers to Definition Company, the Company or Chiwan Wharf Refers to Shenzhen Chiwan Wharf Holdings Limited CMG Refers to China Merchants Group CMPort Refers to China Merchants Port Holdings Company Limited CND Group Refers to China Nanshan Development (Group) Inc. Malai Storage Refers to Shenzhen Malai Storage Co., Ltd. Keen Field Enterprises Limited, a wholly-funded KFEL Refers to subsidiary of China Merchants Holdings (International) China Merchants Group (H.K.) Limited, a CMG CMG Hong Kong Refers to wholly-owned subsidiary in Hong Kong Broadford Global Limited, a wholly-owned subsidiary Broadford Global Refers to of CMG Hong Kong China Merchants Gangtong Development (Shenzhen) CMGD Refers to Co., Ltd., a Broadford Global wholly-owned subsidiary in Shenzhen MPIL Refers to Media Port Investments Limited The CSRC Refers to China Securities Regulation Commission SZSE Refers to Shenzhen Stock Exchange 3 Shenzhen Chiwan Wharf Holdings Limited Semi-Annual Report 2018 Section II Company Profile & Financial Highlights I Basic information about the Company Stock name Chiwan Wharf A, Chiwan Wharf B Stock code 000022, 200022 Stock exchange Shenzhen Stock Exchange Company name in Chinese 深圳赤湾港航股份有限公司 Abbreviation (if any) 深赤湾 Company name in English (if any) Shenzhen Chiwan Wharf Holdings Limited Abbreviation (if any) Chiwan Wharf II Contact information Board Secretary Securities Representative Name Mr. Wang Yongli Ms. Hu Jingjing and Ms. Chen Dan 8/F, Chiwan Petroleum Building, 8/F, Chiwan Petroleum Building, Address Zhaoshang Street, Nanshan District, Zhaoshang Street, Nanshan District, Shenzhen, PRC Shenzhen, PRC Tel. +86 755 26694222 +86 755 26694222 Fax +86 755 26684117 +86 755 26684117 E-mail [email protected] [email protected] III Other information 1. Ways to contact the Company The registered address, office address and their zip codes, website address and email address of the Company did not change during the reporting period. The said information can be found in the 2017 Annual Report. 2. About information disclosure and the place where this report is kept The newspapers designated by the Company for information disclosure, the website designated by the CSRC for disclosing this report and the place where this report is kept did not change during the reporting period. The said information can be found in the 2017 Annual Report. IV Major accounting data and financial indicators Does the Company need to adjust retrospectively or restate accounting data? √ Yes □ No 4 Shenzhen Chiwan Wharf Holdings Limited Semi-Annual Report 2018 Unit: RMB Same period of last Reporting period YoY +/-（％） year Operating revenues 1,246,135,516.34 1,176,651,017.99 5.91% Net profit attributable to shareholders 316,060,290.67 276,061,357.50 14.49% of the Company Net profit attributable to shareholders of the Company before extraordinary 316,625,908.24 275,611,120.89 14.88% gains and losses Net cash flows from operating 349,174,873.68 574,555,532.03 -39.23% activities Basic EPS (RMB/share) 0.490 0.428 14.49% Diluted EPS (RMB/share) 0.490 0.428 14.49% Weighted average ROE (%) 6.79% 5.72% 1.07% As at the end of the As at the end of last +/-（％） reporting period year Total assets 7,028,586,133.86 7,975,470,563.32 -11.87% Net assets attributable to shareholders 4,484,162,198.15 4,922,969,405.92 -8.91% of the Company Business combination under common control have caused retrospective adjustments or restatements, which are shown in the table below. For further information, see ―XVI. Explain change of the consolidation scope as compared with the financial reporting of last year‖ under ―Section V. Significant Events‖ in this Report. Unit: RMB YoY +/- Same period of last year （％） Reporting period After Before adjustment After adjustment adjustment Operating revenues 1,246,135,516.34 929,608,498.91 1,176,651,017.99 5.91% Net profit attributable to 316,060,290.67 276,407,832.70 276,061,357.50 14.49% shareholders of the Company Net profit attributable to shareholders of the Company 316,625,908.24 275,545,048.09 275,611,120.89 14.88% before extraordinary gains and losses Net cash flows from operating 349,174,873.68 419,531,779.91 574,555,532.03 -39.23% activities Basic EPS (RMB/share) 0.490 0.429 0.428 14.49% Diluted EPS (RMB/share) 0.490 0.429 0.428 14.49% Weighted average ROE (%) 6.79% 5.76% 5.72% 1.07% 5 Shenzhen Chiwan Wharf Holdings Limited Semi-Annual Report 2018 As at the end of last year +/-（％） As at the end of the After reporting period Before adjustment After adjustment adjustment Total assets 7,028,586,133.86 6,784,421,548.53 7,975,470,563.32 -11.87% Net assets attributable to 4,484,162,198.15 4,671,374,937.86 4,922,969,405.92 -8.91% shareholders of the Company V Differences between accounting data under domestic and overseas accounting standards 1. Differences of net profit and net assets disclosed in financial reports prepared under international and Chinese accounting standards No such differences 2. Differences of net profit and net assets disclosed in financial reports prepared under overseas and Chinese accounting standards No such differences 3. Reasons for accounting data differences under Chinese and overseas accounting standards □ Applicable √ Not applicable VI Items and amounts of extraordinary gains and losses Unit: RMB Item Amount Note Gains/losses on the disposal of non-current assets (including the 19,702.38 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 certain 969,240.75 quotas or amounts according to the government’s unified standards Non-operating income
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