2023 Annual Report Abstract of Yantai Changyu Pioneer Wine Co. Ltd.
Stock Code: 000869， 200869 Stock Abbreviation: Changyu A， Changyu B Announcement No.: 2024-Final 01
Yantai Changyu Pioneer Wine Co. Ltd.
2023 Annual Report Abstract
I. Important Notice
This Annual Report Abstract comes from the whole contents of annual report. If investors desire to
comprehensively understand the Company’s operating results financial situation and future
development plan please read the Annual Report on the media specified by the China Securities
Regulatory Commission.Except for the following directors other directors attended this board meeting for reviewing this
annual report in person.Name of director not attending Position of director not attending Reason of not attending the Name of
the meeting personally the meeting personally meeting personally entrustee
Changqing Duan Independent director On a business trip Qinglin Liu
Huirong Liu Independent director On a business trip Zhuquan Wang
Non-standard audit opinion notice
□Available □Not available
The preliminary scheme of the report period’s ordinary share profit distribution or increasing equity
with reserve deliberated by the board of the directors
□Available □Not available
Whether to increase equity with reserve
□Yes □No
The Company’s preliminary scheme of profit distribution deliberated and passed by the board of
directors this time is shown as following: Based on the Company’s total 692249559 shares we plan
to pay CNY5 (including tax) in cash as dividends for every 10 shares to all shareholders and send 0
bonus share (including tax). Capital reserve will not be transferred to equity.The preliminary scheme of preferred share profit distribution during the report period deliberated and
passed by the board of directors
□Available □Not available
12023 Annual Report Abstract of Yantai Changyu Pioneer Wine Co. Ltd.
II. Basic information of the Company
1. Brief introduction of the Company
Stock Abbreviation Changyu A Changyu B Stock Code 000869 200869
Place of Stock Listing Shenzhen Stock Exchange
Stock Abbreviation
—
before Alteration
Contact person and Authorized Representative of Securities
Secretary to the Board of Directors
information Affairs
Name Mr. Jianxun Jiang Mr. Tingguo Li
Address 56 Dama Road Yantai Shandong China 56 Dama Road Yantai Shandong China
Fax 0086-535-6633639 0086-535-6633639
Tel 0086-535-6602761 0086-535-6633656
E-mail jiangjianxun@changyu.com.cn stock@changyu.com.cn
2. Main businesses during the report period or brief introduction of products
During the report period the Company’s main business was production and operation of wine and
brandy thus providing domestic and foreign consumers with healthy and fashionable
alcoholic drinks. Compared with earlier stage there were no significant changes happened to the
Company’s main business. The wine industry that the Company involved in was still in growth stage.Being affected by many factors including slowing domestic economic growth and strong pressure
from alternatives in recent years the competition in the market was fierce the wine consumption
continuously declined and a large number of wine production enterprises were on the brink of loss
even some wine enterprises were eliminated from the market. However seen from the long term the
existing consumption concept might change with the increase of people’s income level and their
pursuit of a relaxed romantic and healthy lifestyle. More domestic wine would be drunk by people
and wine would enter more and more household consumption. The situation of current low average
consumption of domestic wine would gradually improve. The Company was at the forefront in the
domestic wine market and was significantly ahead of major domestic competitors.The Company’s products were divided into two series: wine and brandy. For wine main brands
included Changyu Noble Dragon AFIP Longyu Golden Icewine Valley Zenithwirl Vermouth
Rena Baron Balboa J.LORMIN Atrio Kilikanoon and IWCC and so on. For Brandy main brands
included Koya Liquan Mminni Pagese Roullet Fransac and so on.
3. Key accounting data and financial indicators
(1) Key accounting data and financial indicators in recent three years
Whether the Company needs to retrospectively adjust or restate the accounting data of previous fiscal
years.
22023 Annual Report Abstract of Yantai Changyu Pioneer Wine Co. Ltd.
□Yes □No
Unit: CNY
December 31st December 31st More or less than
December 31st 2021
2023 2022 Last year end (%)
Total assets 13336267204 13171506378 1.25% 13472009754
Net Assets attributed to
10841500988105790537332.48%10447884183
shareholders of the listed company
More or less than
202320222021
Last year (%)
Operating revenue 4384764335 3918941160 11.89% 3953067583
Net profit attributed to
53243890742868141124.20%500102606
shareholders of the listed company
Net profit attributed to
shareholders of the listed company
46407369341383135912.14%472235962
after deducting non-recurring
profits and losses
Net cash flows from operating
117309174386887664735.01%1125382658
activities
Basic earnings per share (CNY) 0.78 0.63 23.81% 0.73
Diluted earnings per share (CNY) 0.78 0.63 23.81% 0.73
Weighted average for earning rate
4.98%4.09%0.89%4.84%
of net assets
(2) Key accounting data by quarter
Unit: CNY
1st Quarter 2nd Quarter 3rd Quarter 4th Quarter
Operating revenue 1131459036 835279449 834486573 1583539277
Net profit attributed to shareholders of
2767789878679044960948191107921280
the listed company
Net profit attributed to shareholders of
the listed company after deducting 267069409 57252566 54891658 84860060
non-recurring profits and losses
Net cash flows from operating activities 333578090 194341696 203051049 442120908
Whether there are significant differences between above-mentioned financial indicators or their sum
and the related financial indicators in the quarterly report and semi-annual report disclosed by the
Company.□Yes □No
32023 Annual Report Abstract of Yantai Changyu Pioneer Wine Co. Ltd.
4. Capital stock and shareholders’ situation
(1) Number of ordinary shareholder and preferred shareholder recovering voting power and situation of shares held by top ten shareholders
Unit: share
Total number of shareholders by Total number of preferred Total number of preferred shareholder recovering
Total shareholders in the report
46713 the end of last month before the 47362 shareholder recovering voting 0 voting power by the end of last month before the 0
period
disclosure day of the annual report power by the end of report period disclosure day of the annual report
Shareholders holding more than 5% or the top 10 shareholders holding situation
Number of Pledged /marked or frozen
Name of Shareholders Character of shareholders Percentage (%) Amount of holding shares
restricted shares Share status Amount
YANTAI CHANGYU GROUP CO. LTD. Domestic non-state legal person 49.91% 345473856 0 - 0
GAOLING FUND L.P. Foreign legal person 1.77% 12238951 0 - 0
SHENWAN HONGYUAN SECURITIES (HONGKONG) LIMITED Foreign legal person 1.31% 9061352 0 - 0
GUOTAI JUNAN SECURITIES (HONGKONG) LIMITED Foreign legal person 1.00% 6918838 0 - 0
HONG KONG SECURITIES CLEARING COMPANY LIMITED Foreign legal person 0.77% 5323034 0 - 0
JIANG Fengdi Domestic natural person 0.77% 5307000 0 - 0
BBH BOS S/A FIDELITY FD - CHINA FOCUS FD Foreign legal person 0.69% 4792989 0 - 0
VANGUARD EMERGING MARKETS STOCK INDEX FUND Foreign legal person 0.59% 4094263 0 - 0
Haitong International Securities Company Limited-Account Client Foreign legal person 0.57% 3921904 0 - 0
VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUND Foreign legal person 0.50% 3483537 0 - 0
Among the top 10 shareholders Yantai Changyu Group Company Limited has no associated relationship or accordant action
The explanation for the associated relationship and accordant action
relationship with the other 9 listed shareholders while the relationship among the other shareholders is unknown.Explanation for the top 10 shareholders who involved in financing activities
The top 10 shareholders do not involve in financing activities and stock trade business.and stock trading business (if have)
The lending of shares by the top ten shareholders in the securities financing business
□Yes □No
Unit：share
42023 Annual Report Abstract of Yantai Changyu Pioneer Wine Co. Ltd.
The lending of shares by the top ten shareholders in the securities financing business
Number of shares held in ordinary Number of lending shares of the Number of shares held in ordinary Number of lending shares of the
accounts and credit accounts at the securities financing and not be accounts and credit accounts at the securities financing and not be
Name of Shareholders (full name) beginning of the period returned yet at the beginning period end of the period returned yet at the end period
The proportion of the Total The proportion of the The proportion of the Total The proportion of the
Total quantity Total quantity
total share capital quantity total share capital total share capital quantity total share capital
YANTAI CHANGYU GROUP
34547155650.40%23000%34547385649.91%00%
CO. LTD.The top ten shareholders changed from the previous period
□Available □Not available
(2) Number of preferred shareholder and situation of preferred shares held by top ten preferred shareholders
□Available □Not available
There are no situation of preferred shares held by top ten preferred shareholders
52023 Annual Report Abstract of Yantai Changyu Pioneer Wine Co. Ltd.
(3) Introduction for property right and control relations between the Company and its actual controllers
62023 Annual Report Abstract of Yantai Changyu Pioneer Wine Co. Ltd.
5. Existing bond position on the submit date of annual report approval
□Available □Not available
III. Important Matters
None
Yantai Changyu Pioneer Wine Co. Ltd.Board of Directors
April 12 2024
7
