announcement of unaudited consolidated financial

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.
(a joint stock limited company incorporated in the People’s Republic of China)
(Stock Code: 0350)
ANNOUNCEMENT OF UNAUDITED CONSOLIDATED FINANCIAL RESULTS OF A
COMPANY OWNED AS TO 37.47% BY THE COMPANY
FOR THE YEAR ENDED 31 DECEMBER 2014
THIS IS NOT THE ANNOUNCEMENT OF THE FINANCIAL RESULTS OF JINGWEI
TEXTILE MACHINERY COMPANY LIMITED (THE “COMPANY”). THIS ANNOUNCEMENT
IS MADE BY THE COMPANY PURSUANT TO RULES 13.09 AND 13.10B OF THE LISTING
RULES AND THE INSIDE INFORMATION PROVISION UNDER PART XIVA OF THE
SECURITIES AND FUTURES ORDINANCE (CHAPTER 571 OF THE LAWS OF HONG KONG)
TO PROVIDE SHAREHOLDERS OF THE COMPANY WITH FINANCIAL INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2014 ON ZHONGRONG INTERNATIONAL TRUST
CO., LTD. ( 中融國際信託有限公司 ), A COMPANY OWNED AS TO 37.47% BY THE COMPANY,
WHICH WILL SOON BE ANNOUNCED TO THE INTER-BANK MARKET OF THE PEOPLE’S
REPUBLIC OF CHINA.
This announcement is made pursuant to Rules 13.09 and 13.10B of the Listing Rules and the Inside
Information Provision under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the
Laws of Hong Kong).
Zhongrong Trust, a company owned as to 37.47% by the Company, will soon announce to the interbank market of The People’s Republic of China its unaudited consolidated financial results for the
year ended 31 December 2014.
Zhongrong International Trust Co., Ltd. ( 中融國際信託有限公司 ) (“Zhongrong Trust”), a company
owned as to 37.47% by the Company will soon announce to the inter-bank market of The People’s
Republic of China its unaudited consolidated financial results for the year ended 31 December 2014 as
required by the People’s Bank of China as a periodic disclosure as provided below:
1
ZHONGRONG INTERNATIONAL TRUST CO., LTD.
Consolidated Balance Sheet
(Unaudited)
31 December 2014
At the
At the end of
the reporting beginning of the Liabilities and
year shareholders’ equity
period
Assets
No.
Current Assets
Current liabilities
1
Currency funds
2
4,111,623,631.75 8,431,528,471.74 Trust deposits
In which: Bank deposit
3
4,014,682,369.92 8,426,812,812.89 Short-term borrowings
Cash
4
60,690.88
54,184.45 Advances from banks
and other financial
institutions
Other
5
96,880,570.95
4,661,474.40 Entrusted deposit
currency
funds
Held-for-trading
6
6,039,319,045.43
239,097,846.44 Fund trust
financial assets
Payment for the issue
Held-to-maturity
7
–
of securities on its
investments
behalf
Available-for-sale
8
604,920,674.97
406,442,393.41 Accounts payable
financial assets
Receipts in advance
Deposits with banks
9
–
and other financial
institutions
Short-term loan
Other payables
10
–
Interests receivable
11
67,466.67
64,114.99 Employee benefits
payable
Accounts receivable
12
10,986,783.16
436,252.30 Tax payable
Other receivable
13
55,908,830.97
37,942,241.58 Dividends payable
Prepayment
Estimated liabilities
14
399,000.00
Provision for bad debt
15
468,542.06
468,542.06 Long-term liabilities
due within one year
Total current liabilities
Short-term investment
16
–
due within one year
Total current assets
17 10,822,756,890.89 9,115,042,778.40 Long-term liabilities
Long-term asset
Deferred income tax
18
–
liabilities
Medium-to-long term
Margin
19
–
loan
Long-term equity
20
801,268,548.60
45,454,624.37 Long-term bonds issue
investment
2
At the end of
the reporting
period
Unit: RMB
At the
beginning of the
year
–
–
–
–
–
–
43
–
–
44
–
–
45
–
–
46
4,697,730.94
316,466.21
47
18,578,394.00
23,921,136.53
No.
39
40
41
42
48
49
50
51
52
53
54
33,114,538.86
30,163,399.90
1,923,305,253.53 1,527,249,852.24
413,552,387.90
–
–
–
460,371,082.11
–
–
–
2,393,248,305.23 2,042,021,936.99
55
56
–
1,706,660.20
–
–
57
–
–
58
–
–
Assets
Long-term debt
investment
Fixed asset cost
Less: accumulated
depreciation
Impairment provision
for fixed assets
Net value of fixed
assets
Investment properties
Accumulated
amortization
of investment
properties
Impairment provision
for investment
properties
Net value of investment
properties
Construction in
progress
Total long-term assets
Intangible assets
Accumulated
amortization of
intangible assets
Net value of intangible
assets
No.
21
At the
At the end of
the reporting beginning of the Liabilities and
year shareholders’ equity
period
Long-term borrowings
–
22
23
78,427,822.98
50,331,531.53
24
–
25
No.
59
At the
At the end of
the reporting beginning of the
year
period
–
–
71,750,575.40 Long-term payables
37,849,713.46 Total long-term
liabilities
Total liabilities
60
61
62
2,394,954,965.43 2,042,021,936.99
28,096,291.45
33,900,861.94 Paid-up capital
63
6,000,000,000.00 1,600,000,000.00
26
27
–
–
Share capital
Capital reserves
64
65
–
–
126,769,090.40 1,273,699,094.95
28
–
Trust compensation
reserve
66
440,652,331.06
320,000,000.00
29
–
Surplus reserve
67
826,344,279.53
585,039,617.41
30
–
General provision
68
113,747,542.90
14,587,179.94
31
32
33
829,364,840.05
38,965,110.00
11,842,566.93
34
27,122,543.07
Long-term deferred
expenses
35
13,275,953.41
Deferred income tax
asset
Total of other assets
36
507,606,171.75
Total assets
38
37
79,355,486.31 Unallocated profit
32,905,027.00 Profit of the year
7,530,455.45 Adjustment for profit
and loss of the
previous year
25,374,571.55 Translation of foreign
currency financial
statements
20,723,430.44 Equity attributable to
the owners of the
parent company
447,010,225.56 *Minority interests
493,108,227.55 Total shareholders’
equity
12,200,126,399.17 9,687,506,492.26 Liabilities and
shareholders’ equity
548,004,668.23
3
69
70
71
72
73
74
–
1,706,660.20
–
–
2,179,364,852.71 3,736,867,334.02
–
–
–
–
-105,174.77
–
9,686,772,921.83 7,530,193,226.32
118,398,511.91
115,291,328.95
75
9,805,171,433.74 7,645,484,555.27
76
12,200,126,399.17 9,687,506,492.26
ZHONGRONG INTERNATIONAL TRUST CO., LTD.
Consolidated Income Statement
(Unaudited)
January – December 2014
Item
No.
2014
1. Principal business income
1
5,316,045,181.43
Interest income
2
–
Income from transactions with
3
428,368,448.67
financial institutions
Handling fee income
4
4,392,069,488.56
Management fee income
56,654,884.45
Income from the price difference
5
113,496,960.85
of securities
Other business income
6
305,057,051.74
Operating income
20,398,347.16
7
–
Subsidy income
2. Investment gain
8
95,248,262.55
3. Gain or loss due to change in fair
9
118,764,359.38
value
4. Operating expenses
10
2,042,647,418.20
Interest expense
11
–
Expenses for transactions with
12
–
financial institutions
Handling fee expense
13
–
Operating expenses
14
2,045,851,558.37
Finance costs
-1,922,527.84
Other business expenses
15
–
Exchange losses
16
-1,281,612.33
17
–
Asset impairment loss
5. Business tax and levies
17
273,459,535.74
6. Operating profit
18
3,213,950,849.42
Add: Non-operating income
19
3,534,897.86
Less: Non-operating expenses
20
1,214,996.88
7. Total profit
21
3,216,270,750.40
Less: Income tax
22
783,690,453.33
8. Profit after tax
2,432,580,297.07
Net profits attributable to the
2,429,914,874.83
owners of the parent company
*Minority interests
23
2,665,422.24
4
Unit: RMB
2013
4,912,311,407.95
–
340,742,194.17
4,540,657,245.93
1,392,854.08
-34,576,390.97
64,095,504.74
–
–
-2,013,061.84
-10,108,433.46
1,930,983,988.34
–
–
–
1,928,909,796.80
–
–
2,074,191.54
–
262,216,891.70
2,706,989,032.61
3,549,149.49
2,128,016.11
2,708,410,165.99
690,805,385.91
2,017,604,780.08
2,049,313,451.13
-31,708,671.05
The results of Zhongrong Trust have been consolidated into the Company’s financial results since
August 2010 and created a considerable impact on the Company’s financial results, therefore, the board
of directors of the Company considers the above financial information of Zhongrong Trust as inside
information and therefore the Company issues this announcement pursuant to Rules 13.09 and 13.10B
of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the
“Listing Rules”) and the Inside Information Provision under Part XIVA of the Securities and Futures
Ordinance (Chapter 571 of the Laws of Hong Kong).
The information in this announcement has also been published on the website of Shenzhen Stock
Exchange on 13 January 2015.
The financial information in this announcement is based on preliminary financial data and has not been
audited. Shareholders and investors are advised to exercise caution when dealing in the shares of the
Company.
By order of the Board
Jingwei Textile Machinery Company Limited
Ye Maoxin
Chairman
Beijing, the PRC, 13 January 2015
As at the date of this announcement, the Board comprises Mr. Ye Maoxin, Mr. Wang Jiangan, Mr. Yan
Fuquan, Mr. Shi Tinghong, Mr. Yao Yuming, all being executive Directors, and Ms. Chen Jinrong and
Ms. An Guojun, all being independent non-executive Directors.
This announcement was prepared in Chinese, should there be any discrepancy between the Chinese and
English versions, the Chinese version shall prevail.
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