Sino Great Wall Co., Ltd. Summary of the Semi-annual Report 2017
Stock code: 000018,200018 Stock ID : Sino Great Wall,Sino B Announcement No. 2017-075
Summary of 2017 Annual Report of Sino Great Wall Co., Ltd.
I. Important notes
The summary is abstract from full-text of summary of the semi-annual report, for more details information ,
investors should found in the full-text of summary of the semi-annual report that published on website of
Shenzhen Stock Exchange and other website appointed by CSRC.
Company Profile
Objections of the directors, supervisors and senior management
Name Title Content
Statement
Directors other than the following ones have attended the Board meeting to review the interim report.
Name of absent director Position of absent director Reason Name of proxy
Non-standard auditor’s opinion
□ Applicable √Not applicable
Preliminary plan for profit distribution to the common shareholders or turning the capital reserve into the share
capital for the reporting period, which has been reviewed and approved at the board meeting
□ Applicable √Not applicable
The company will distribute no cash dividends or bonus shares and has no reserve capitalization plan.
The preference share profit distribution pre-plan approved by the Board of Directors
□ Applicable √Not applicable
II. Basic information about the company
1. Company profile
Stock ID Sino Great Wall ,Sino-B Stock code: 000018 200018
Stock exchange Shenzhen Stock Exchange
Contact person and contact manner Board secretary Securities affairs Representative
Name Yang Chunling Liu Guofa
Sino Great Wall Building, No.3 Jinxiu Street, Sino Great Wall Building, No.3 Jinxiu Street,
Contact address Economic Technology Development Zone , Economic Technology Development Zone ,
Beijing Beijing
Tel 010-89045855 010-89045855
Email. 1208806865@qq.com 000018sz@sina.com
2. Major accounting data and financial indicators
Does the company adjust retrospectively or restate accounting data of previous years due to change of the
accounting policy or correction of any accounting error?
□ Yes√ No
Reporting period Same period of last year YoY+/-(%)
Operating income(RMB) 3,025,082,356.80 1,953,574,755.51 54.85%
Net profit attributable to the shareholders
268,606,450.03 202,299,416.64 32.78%
of the listed company(RMB)
Net profit after deducting of non-recurring
gain/loss attributable to the shareholders of 264,902,836.16 175,937,165.15 50.57%
listed company(RMB)
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Sino Great Wall Co., Ltd. Summary of the Semi-annual Report 2017
Cash flow generated by business operation,
-535,997,580.19 -1,256,615,959.20 57.35%
net(RMB)
Basic earning per share(RMB/Share) 0.16 0.12 33.33%
Diluted gains per
0.16 0.12 33.33%
share(RMB/Share)(RMB/Share)
Weighted average ROE(%) 14.39% 14.47% -0.08%
As at the end of the
As at the end of last year YoY+/-(%)
reporting period
Gross assets (RMB) 9,516,720,434.55 7,986,178,961.63 19.16%
Net assets attributable to shareholders of
1,956,577,635.45 1,777,948,117.49 10.05%
the listed company (RMB)
3.Shareholders and shareholding
In Shares
Number of shareholders of
Total Number of common
preferred stocks of which
shareholders at the end of the 60,193 0
voting rights recovered in
reporting period
the report period(If any)
Shareholdings of Top 10 shareholders
Number of Number or share
Shareholders Proportion
Nature of shares held Amount of restricted shares pledged/frozen
of shares
shareholder at period
held(%) held State of share Amount
-end
Domestic Natural
Chen Lue 34.36% 583,454,556 581,722,696 Mortgage 455,260,594
person
STYLE-SUCCESS Foreign legal
5.47% 92,970,910 0
LIMITED person
Domestic Non-
Union Holdings Co.,
State-owned legal 5.18% 87,935,921 0
Ltd.
person
Domestic Natural
He Feiyan 3.23% 54,800,458 54,800,458
person
Jiutai Fund-Bank of
Communications-
Jiutai Huitong No.2 Other 2.50% 42,479,672 42,479,672
specific customer asset
management plan
Rich Crown Investment Foreign legal
1.37% 23,235,313 0
Co., Ltd. person
Bank of China-Fortis
Income Growth
Other 1.12% 18,961,320 0
Securities Investment
Fund
Domestic Non-
Jiangxi Taihao Venture legal person
1.11% 18,791,879 0
Investment Centre(LP) State-owned legal
person
Qianhai life Insurance
Other 1.04% 17,725,200 0
Co., Ltd-Haley year
Domestic Non-
Qinghai Heyi Industry legal person
0.79% 13,356,984 0
Development Co., Ltd. State-owned legal
person
Explanation on associated relationship Chen Lue and He Feiyan are consortium officers; Union Development Group Ltd. is
among the aforesaid shareholders the controlling shareholder of the above-mentioned shareholder Shenzhen Union
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Sino Great Wall Co., Ltd. Summary of the Semi-annual Report 2017
Holdings Ltd. and third shareholder Rich Crown Investment Co., Ltd. The other
tradable shareholders neither knew whether there exists associated relationship
between them.
Notes to the shareholders involved in
Nil
financing securities (if any)
4.Changing of controlling shareholder and practical controller of the Company.
Change of holding shareholder
□ Applicable √ Not applicable
No change of holding shareholder in the report period.
Change of substantial controller
□ Applicable √ Not applicable
No change of substantial controller in the report period.
5.Number of preference shareholders and shareholdings of top 10 of them
□ Applicable √ Not applicable
No preference shareholders in the reporting period
6.Corporate bonds
Are there any corporate bonds publicly offered and listed on the stock exchange, which were undue before the
approval date of this report or were due but could not be redeemed in full?
No
III. Performance discussion & analysis
1.Performance Review for Reporting period
Is the company subject to any disclosure requirements for special industries?
Yes
Civil Engineering Construction
In the first half of 2017, along with the continuous implementation and further promotion of the three strategies of
the "One belt, one road" construction and the Integrated development of Beijing, Tianjin municipalities and Hebei
Province and The Yangtze River economic belt development, the infrastructure construction and the engineering
construction enjoys a relatively good development opportunity. The company actively seized the opportunity and
strongly expanded the overseas project contracting and investment business of "One belt, one road" projects,
increased the domestic healthcare and infrastructure PPP project investment, thus gained good results.
In terms of the overseas business development, the company has successively signed the major construction
contract with a number of countries and regions in Southeast Asia, signed Strategic Cooperation Framework
Agreement with China Nuclear Industry No. 22 Construction Co., Ltd, signed Memorandum of Understanding on
the Construction of Kampuchea Railway Network with Kampuchea Royal Group and China Railway 17 Bureau
Group Co Ltd, thus those would be conducive to expand the domestic and international engineering contracting
business and to enhance the company's competitive advantage and overall profitability. The overseas business
development maintained a good momentum of development. As of the end of the reporting period, the overseas
in-hand orders have amounted to more than RMB 40 billion.
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Sino Great Wall Co., Ltd. Summary of the Semi-annual Report 2017
In the field of medical investment, the company, by the means of PPP, won the PPP infrastructure project of
Fugou County high speed rail area, the comprehensive management (adjusted) PPP engineering project of Fugou
county urban section, the fitness center construction project (Phase II) ) of Fugou County, etc, with that the total
investment amounted to RMB 1.061 billion.
In the future, based on the study and judgment of the prospect and the status-quo analysis of the domestic and
international construction market and the health care industry and the infrastructure industry, the company will
continue to strengthen the overseas project contracting and investment related to "One belt, one road", enhance the
investment in domestic health-care and infrastructure PPP business, and ensure the rapid development of the
company's existing business.
Furthermore, in order to ensure the stable development of domestic business, the company responded to the
national call of establishment the Xiongan New Area. For supporting the construction of Xiongan New Area, the
company planned to put the registration addresses of the company's subordinate companies including the building
construction type company-Sino Great Wall International Engineering Co., Ltd and Sino Great Wall Southwest
Construction Engineering Co. Ltd into the Xiongan New Area. After the move of the registration addresses, the
company can better carry out the business in the region, which is in line with the company's overall development
strategy.
In the reporting period, the company realized operation income of RMB 3,025,082,356.80, an increase of 54.85%
from the last year; realized the operating profits of RMB 331,347,066.35, an increase of 55.52% from the last year;
and the net profit attributable to the parent company was RMB 268,606,450.03, an increase of 32.78% from the
last year.
2.Maters related to financial report
(1) Reason for changes in accounting policies, accounting estimates and accounting methods as compared to the
financial report for the prior year
□ Applicable √ Not applicable
No such cases.
(2) Reason for retrospective restatement to correct major accounting errors during the reporting period
□ Applicable √ Not applicable
No such cases.
(3) Reason for changes in scope of the consolidated financial statements as compared to the financial report for
the prior year
□ Applicable √ Not applicable
No such cases.
Legal representative: Chen Lue
Sino Great Wall Co., Ltd.
August 12,2017
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