PDF《Securities Code: 420063》

Summary of

2018 Annual Report of Wuhan Boiler Company Limited

1 Securities Code:

420063 Securities Abbr.

: WuguoB5 Public Announcement No.: 2019-002 Summary of

2018 Annual Report of Wuhan Boiler Company Limited I. Important notes This Summary of

2018 Annual Report is abstracted from the full text of

2018 Annual Report. In order to have a full understanding of the operating results, financial status and future development planning of the Company, investors are suggested to read the full text carefully on the media designated by the China Securities Regulatory Commission (the CSRC ). Independent auditor'

s unqualified modified opinion Applicable √ Not applicable Preplan for profit distribution to shareholders with common shares or transferring capital reserve into share capital for the report period which has been reviewed and approved by the Board of Directors Applicable √ Not applicable The Company planned not to distribute cash dividends, or grant bonus shares, or transfer capital reserve into share capital. Preplan for profit distribution to shareholders with preference shares for the report period which has been reviewed and approved by the Board of Directors Applicable √ Not applicable II. Company profile 1. Stock profile Stock abbreviation WuguoB5 Stock code

420063 Stock transfer system National Equities Exchange and Quotations (NEEQ) Contact Information Board Secretary Securities Representative Name Jin Lin Bi Lihong Office address No. 1, Liufangyuan Road, East Lake New Technology Development Zone, Wuhan, Hubei No. 1, Liufangyuan Road, East Lake New Technology Development Zone, Wuhan, Hubei Fax (027)81993701 (027)81993701 Tel. (027)81993611 (027)81993648 E-mail address [email protected] [email protected] 2. Brief introduction to main business or products in the report period The Company'

s business scope is research, design, development and manufacturing of power plant boilers, special boilers, pressure vessel of Class 1,

2 &

3, boiler auxiliary equipment and desulphurization equipment, and sales of self-manufactured product (related governmental permit shall be obtained before engaging in the projects required mandatory license). No changes occurred to the main business model and business line of the Company in the report period. Summary of

2018 Annual Report of Wuhan Boiler Company Limited

2 3. Accounting and financial highlights (1) Accounting and financial highlights for past three years Does the Company adjust retrospectively or restate accounting data of previous years? Yes √ No Unit: RMB Yuan

2018 2017 Increase/decrease of current year over last year

2016 Operating revenues 1,050,871,541.78 1,469,899,569.27 -28.51% 1,444,699,375.15 Net profit attributable to shareholders of the Company 26,652,233.62 127,919,167.49 -79.16% 5,588,202.73 Net profit attributable to shareholders of the Company after excluding non-recurring gains and losses 26,517,878.60 107,478,875.35 -75.33% -35,293,159.50 Net cash flows from operating activities 195,815,162.72 44,543,285.84 339.61% -78,260,423.81 Basic EPS (RMB Yuan/share) 0.09 0.43 -79.07% 0.02 Diluted EPS (RMB Yuan/share) 0.09 0.43 -79.07% 0.02 Weighted average ROE (%) -2.18% -9.51% 7.33% -0.40% As of Dec. 31,

2018 As of Dec. 31,

2017 Increase or decrease of this year-end than last year-end (%) As of Dec. 31,

2016 Total assets 1,236,668,941.72 1,200,726,969.91 2.99% 1,366,003,628.07 Net assets attributable to shareholders of the Company -1,194,395,210.61 -1,281,838,103.18 6.82% -1,409,200,270.67 (2) Accounting highlights by quarter Unit: RMB Yuan Q1 Q2 Q3 Q4 Operating revenues 199,112,498.59 357,885,020.24 214,521,031.07 279,352,991.88 Net profit attributable to shareholders of the Company -30,218,951.64 109,021,214.21 -13,829,667.22 -38,320,361.73 Net profit attributable to shareholders of the Company after excluding non-recurring gains and losses -30,472,784.84 108,750,046.06 -13,791,837.00 -37,967,545.62 Net cash flows from operating activities 38,328,881.19 90,705,354.55 -77,094,033.58 143,874,960.56 Any material difference between the financial indicators above or their summations and those which have been disclosed in Quarterly or Interim reports? Yes √ No Summary of

2018 Annual Report of Wuhan Boiler Company Limited

3 4. Share capital and shareholders (1) Numbers of shareholders with common shares and shareholders with preference shares with resumed voting rights as well as shareholdings of top

10 shareholders Unit: share Total number of shareholders with common shares at the end of the report period 5,308 Total number of shareholders with common shares at previous month-end of this report'

s disclosure 5,308 Total number of shareholders with preference shares who had resumed their voting right at the end of the report period

0 Total number of shareholders with preference shares with resumed voting rights at previous month-end of this report'

s disclosure

0 Top

10 shareholders Name of shareholder Nature of shareholder Shareholding percentage (%) Total shares held at the period-end Number of restricted shares held Pledged or frozen shares Status of shares Number of shares ALSTOM (CHINA) INVESTMENT CO., LTD Domestic non-state-ow ned corporation 51.00% 151,470,000 WUHAN BOILER GROUP CO., LTD State-owned corporation 6.91% 20,530,000 WANG XIAO Domestic natural person 0.90% 2,672,800 CHEN PENG Domestic natural person 0.79% 2,331,545 HU ZHIHONG Domestic natural person 0.47% 1,390,397 CHEN CHUYUN Domestic natural person 0.46% 1,367,450 LI ZHIJIAN Domestic natural person 0.43% 1,286,281 HSBC BROKING SECURITIES (ASIA) LIMITED-CLIE NTS A/C Foreign corporation 0.40% 1,185,114 CHINA MERCHANTS SECURITIES (HK) CO., LTD. State-owned corporation 0.40% 1,176,836 ZHUANG CHANGXION G Domestic natural person 0.35% 1,045,000 Explanation on affiliated relationship or persons acting in concert among the above-mentioned shareholders Alstom (China) Investment Co., Ltd. (the first principal shareholder of the Company) and Wuhan Boiler Group Co., Ltd. (the second principal shareholder of the Company) hold non-tradable shares of the Company. No affiliated relationship exists between Alstom (China) Investment Co., Ltd. (the first principal shareholder of the Company), Wuhan Boiler Group Co., Ltd. (the second principal shareholder of the Company) and the other shareholders with tradable shares, and they are not Summary of

2018 Annual Report of Wuhan Boiler Company Limited

4 persons acting in concert as defined in the Administrative Rules on Information Disclosure about Changing of Shareholding Status. The Company is not aware of whether there is any affiliated relationship among the top ten shareholders with tradable shares and whether there are persons acting in concert among them. The Company is not aware of whether there is any affiliated relationship among the top ten shareholders and the top ten shareholders with tradable share. Explanation on shareholders participating in the margin trading business (if any) Not applicable (2) Number of shareholders with preference shares and shareholdings of top

10 of them Applicable √ Not applicable No preference shares in the report period (3) The ownership and controlling relationship between the Company and its actual controller in form of diagram 5. Corporate bonds 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 None III. Performance discussion and analysis 1. Business review for report period Is the Company subject to the disclosure requirements for special industries? No In 20........