Hainan Jingliang Holdings Co. Ltd. Annual Report 2021 (Summary)

Stock Code: 000505 200505 Stock Name: JLKG JL-B Announcement No. 2022-031

HAINAN JINGLIANG HOLDINGS CO. LTD.ANNUAL REPORT 2021 (SUMMARY)

Part I Important Notes

This Summary is based on the full Annual Report of Hainan Jingliang Holdings Co. Ltd. (together with its

consolidated subsidiaries the “Company” except where the context otherwise requires). In order for a full

understanding of the Company’s operating results financial position and future development plans investors

should carefully read the aforesaid full text which has been disclosed together with this Summary on the media

designated by the China Securities Regulatory Commission (the “CSRC”).All the Company’s Directors have attended the Board meeting for the review of this Report and its summary.Independent auditor’s modified opinion:

□ Applicable √ Not applicable

Board-approved final cash and/or stock dividend plan for ordinary shareholders for the Reporting Period:

□ Applicable √ Not applicable

The Company has no final dividend plan either in the form of cash or stock.Board-approved final cash and/or stock dividend plan for preferred shareholders for the Reporting Period:

□ Applicable √ Not applicable

This Summary has been prepared in both Chinese and English. Should there be any discrepancies or

misunderstandings between the two versions the Chinese version shall prevail.Part II Key Corporate Information

1. Stock Profile

Stock name JLKG JL-B Stock code 000505 200505

Stock exchange for stock listing Shenzhen Stock Exchange

Contact information Board Secretary Securities Representative

Name Guan Ying Gao Deqiu

15/F Jing Liang Building NO. 16 East Third 15/F Jing Liang Building NO. 16 East Third

Address Ring Middle Road Chaoyang District Ring Middle Road Chaoyang District

Beijing Beijing

Fax 010-51672010 010-51672010

Tel. 010-51672130 010-51672029

Email address 1124387865@qq.com gaodeqiu_jl@163.com

1Hainan Jingliang Holdings Co. Ltd. Annual Report 2021 (Summary)

2. Principal Activities or Products in the Reporting Period

The Company is principally engaged in oils and oilseeds processing and trading as well as food processing. With

regard to oils processing and trading the Company refines bottles markets imports and exports raw oils upon

initial pressing. As for oilseeds the Company presses refines bottles markets imports and exports oilseeds such

as sesame soybean corn germ sunflower seeds and peanuts. The Company runs its oils and oilseeds processing

and trading business primarily in Beijing City Tianjin City and Hebei Province under the brands of “Gu Chuan”

“Lv Bao” “Gu Bi” “Huo Niao” etc. with the main products being soybean oil rapeseed oil sunflower seed oil

and sesame oil and paste among others. As for its food processing business it primarily develops produces and

markets snack food and bread under the brands of “Little Prince” “MS Dong” “Jianqiang De Tudou” and “GuChuan” among others with the main products being potato chips cakes and pastries and bread. The snack food

business covers all provinces and municipalities in China while the bread business focuses on the

Beijing-Tianjin-Hebei region. In this regard the Company is one of the major suppliers for KFC in North China.According to the Industry Categorization Results of Listed Companies the Company falls into the major industry

category of manufacturing—agri-food processing industry (code: C13). Specifically the Company operates in the

vegetable oil processing segment with its food processing business accounting for a large proportion in gross

profit. With respect to the vegetable oil processing industry industrial integration has accelerated and

differentiation is increasingly evident with minority oils such as sunflower seed oil tea oil corn oil and rice bran

oil seeing fast growth. In terms of the food processing industry consumer needs have become increasingly diverse

resulting in better and richer product offerings. Nonetheless there are only a handful of major brands in the

industry indicating great potential for industrial integration.

3. Key Financial Information

(1) Key Financial Information of the Past Three Years

Indicate by tick mark whether there is any retrospectively restated datum in the table below.□ Yes √ No

Unit: RMB

Change of 31

31 December 2021 31 December 2020 December 2021 over 31 December 2019

31 December 2020 (%)

Total assets 6046600058.90 5695504493.73 6.16% 5231266600.19

Equity attributable to the listed

2915802291.052710571543.537.57%2406039283.87

company’s shareholders

2021-over-2020

202120202019

change (%)

Operating revenue 11763093835.56 8741749912.11 34.56% 7440286465.54

Net profit attributable to the listed

204459771.08184846956.7010.61%133341925.75

company’s shareholders

Net profit attributable to the listed

company’s shareholders before 195422832.45 164037737.59 19.13% 104483092.09

exceptional items

2Hainan Jingliang Holdings Co. Ltd. Annual Report 2021 (Summary)

Net cash generated from/used in

632240056.44-246540910.08356.44%297366794.05

operating activities

Basic earnings per share

0.280.267.69%0.19

(RMB/share)

Diluted earnings per share

0.280.267.69%0.19

(RMB/share)

Weighted average return on equity

7.27%7.17%0.10%5.70%

(%)

(2) Key Financial Information by Quarter

Unit: RMB

Q1 Q2 Q3 Q4

Operating revenue 2338783061.35 2989463774.48 2987496084.26 3447350915.47

Net profit attributable to the listed

36585077.3651743120.5539778852.2276352720.95

company’s shareholders

Net profit attributable to the listed

company’s shareholders before 32694567.66 50578769.74 39320196.40 72829298.65

exceptional items

Net cash generated from/used in

274757224.163093221.29534327111.43-179937500.44

operating activities

Indicate by tick mark whether any of the quarterly financial data in the table above or their summations differs

materially from what have been disclosed in the Company’s quarterly or interim reports.□ Yes √ No

4. Share Capital and Shareholder Information at the Period-End

(1) Numbers of Ordinary Shareholders and Preferred Shareholders with Resumed Voting Rights as well as

Holdings of Top 10 Shareholders

Unit: share

Number of preferred

Number of Number of

shareholders with

Number of ordinary preferred

resumed voting

ordinary shareholders at the shareholders

59249 53755 0 rights at the 0

shareholders at month-end prior to with resumed

month-end prior to

the period-end the disclosure of voting rights at

the disclosure of this

this Report the period-end

Report

Top 10 shareholders

Shareholdi Total shares Shares in pledge

Nature of

Name of shareholder ng held at the Restricted shares held marked or frozen

shareholder

percentage period-end Status Shares

BEIJING GRAIN GROUP CO. State-owned

39.68%2884395610

LTD. legal person

BEIJING STATE-OWNED

CAPITAL OPERATION AND State-owned

6.67%485104600

MANAGEMENT COMPANY legal person

LIMITED

Domestic

WANG YUECHENG natural 5.66% 41159887 41159887

person

3Hainan Jingliang Holdings Co. Ltd. Annual Report 2021 (Summary)

Foreign

LI SHERYN ZHAN MING natural 0.71% 5155300 0

person

GOLD BUFFALO RUNYING

(TIANJIN) EQUITY

INVESTMENT FUND

MANAGEMENT CO. Other 0.40% 2889803 0

LTD.—GOLD BUFFALO

RUNYING (TIANJIN) EQUITY

INVESTMENT FUND (L.P.)

Domestic

MEI JIANYING natural 0.36% 2604203 0

person

Domestic

ZHANG XIAOXIA natural 0.27% 1949250 0

person

Domestic

WANG XIAOXING natural 0.23% 1679200 0

personORIENT SECURITIES （HONG Foreign

0.18%13304000KONG） LIMITED legal person

CITIC SECURITIES COMPANY

LIMITED－TIANHONG CHINA

SECURITIES FOOD AND

BEVERAGES TRADING Other 0.16% 1197700 0

OPEN-ENDED INDEX

SECURITIES INVESTMENT

FUND

* Beijing State-Owned Capital Operation and Management Center owns an

indirect 100% share of Beijing Grain Group Co. Ltd. and Beijing Grain Group

Related or acting-in-concert parties among the Co. Ltd. is the controlling shareholder of the Company (a 39.68% holding). *

shareholders above Wang Yuecheng is a Deputy General Manager of the Company. Apart from that

the Company does not know whether there are any other related parties or

acting-in-concert parties among the top 10 shareholders.Shareholder Wang Xiaoxing holds 1679200 shares in the Company through his

Shareholders involved in securities margin

account of collateral securities for margin trading in Soochow Securities Co.trading (if any)

Ltd.

(2) Number of Preferred Shareholders and Shareholdings of Top 10 of Them

□ Applicable √ Not applicable

No preferred shareholders in the Reporting Period.

4Hainan Jingliang Holdings Co. Ltd. Annual Report 2021 (Summary)

(3) Ownership and Control Relations between the Actual Controller and the Company

The State-Owned Assets Supervision and

Administration Commission of the People’s

Government of Beijing Municipality

100%

Beijing State-Owned Capital Operation

and Management Company Limited

100%

Beijing Capital Agrib usiness Group Co.Lt d.

100%100%

Beijing Grain Group Co. Ltd.

39.68%6.67%

Hainan Jingliang Holdings Co. Ltd.

5. Outstanding Bonds at the Date when this Report Was Authorized for Issue

□ Applicable √ Not applicable

Part III Significant Events

th th

2021 marks the commencement of China’s “14 Five-Year Plan” the 100 anniversary of the founding of the

Communist Party of China (the “CPC”) as well as the first year for the Company’s “Three-year Actions forState-owned Enterprise Reform” which is aimed to drive leapfrog growth. In the year the Company closely

followed the general principle of seeking progress while keeping performance stable adhered to the right path of

innovation and managed to overcome multiple difficulties. With strong CPC leadership the Company saw a good

th

start for the 14 Five-Year Plan period with effective anti-pandemic actions as well as a stabilizing and

improving development momentum.For the year under review the Company recorded operating revenue of RMB11.763 billion up 34.56% year on

year; a gross profit of RMB315 million up 10.56% year on year; a net profit attributable to the listed company’s

shareholders of RMB204 million up 10.61% year on year; and earnings per share of RMB0.28 up 7.69% year on

year. As such the objectives for the year were successfully accomplished.No significant changes occurred to the Company’s operations in the Reporting Period. For further information see

the full Annual Report 2021.Hainan Jingliang Holdings Co. Ltd.

31 March 2022

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