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 with limited liability)
(Stock Code: 3606) ANNOUNCEMENT OF INTERIM RESULTS FOR THE SIX MONTHS ENDED JUNE 30, 2017The board of directors (the "Board") of Fuyao Glass Industry Group Co., Ltd. (the "Company") is pleased to announce the unaudited interim results of the Company and its subsidiaries for the six months ended June 30, 2017. This announcement, containing the full text of the 2017 interim report of the Company, complies with the relevant requirements of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Hong Kong Stock Exchange") in relation to information to accompany preliminary announcements of the interim results. The printed version of the Company's 2017 interim report will be dispatched to the holders of H shares of the Company and available for viewing on the websites of the Hong Kong Stock Exchange at http://www.hkexnews.hk and of the Company at http://www.fuyaogroup.com before the end of September 2017.
By order of the Board
Fuyao Glass Industry Group Co., Ltd. Cho Tak WongChairman
Fuzhou, Fujian, the PRC, August 5, 2017
As at the date of this announcement, the Board comprises Mr. Cho Tak Wong, Mr. Chen Xiangming and Ms. Sun Yiqun, as executive directors; Mr. Tso Fai, Mr. Wu Shinong and Ms. Zhu Dezhen, as non-executive directors; Ms. Cheng Yan, Ms. Liu Xiaozhi and Mr. Wu Yuhui, as independent non-executive directors.
Fuyao Glass Industry Group Co., Ltd.
Important Notice
The Board of Directors, the Board of Supervisors and the directors, supervisors and senior management of the Company warrant that the content of this interim report is true, accurate and complete and does not contain any false representations, misleading statements or material omissions, and severally and jointly accept legal responsibility thereof.
Director absent
Position of absent director Name of absent director Reason for absence Name of proxy Independent non-executive director Liu Xiaozhi On a business trip Wu Yuhui Independent non-executive director Cheng Yan On a business trip Wu Yuhui
This interim report has not been audited.
Cho Tak Wong, the person-in-charge of the Company, Chen Xiangming, the person-in-charge of accounting and Lin Xuejuan, the head of the accounting department (person-in-charge of accounting), warrant the truthfulness, accuracy and completeness of the financial report in this interim report.
Profit distribution plan or plan to convert surplus reserves into share capital approved by the Board during the Reporting Period
The Company did not formulate the interim profit distribution plan or plan to convert surplus reserves into share capital during the Reporting Period.
Risks disclaimer of the forward-looking statements
The forward-looking statements in this report such as future plans and development strategies do not constitute an actual commitment of the Company to investors. Investors should be aware of the investment risks.
Any appropriation of fund by the controlling shareholder and its related parties for non-operating purpose
No
Any provision of external guarantee in violation of the stipulated decision making procedure
No
Material risk alert
The Company has described details of the possible risks and its countermeasures in this report. Investors are advised to refer to the section of "Section IV Management Discussion and Analysis" in this report for descriptions in respect of the risks we exposed.
Others
Not applicable
Interim Report 2017
ContentsSection I Definitions 2
Section II Corporate Profile and Principal Financial Indicators 3
Section III Summary of the Business of the Company 9
Section IV Management Discussion and Analysis 11
Section V Significant Events 30
Section VI Changes in Ordinary Shares and Information of 44
Shareholders
Section VII Directors, Supervisors and Senior Management 50
Section VIII Relevant Information of Corporate Bonds 53
Section IX Financial Report 60
Fuyao Glass Industry Group Co., Ltd.
Section I Definitions
In this report, unless the context otherwise requires, the following expressions shall have meanings as follows:
DEFINITIONS OF COMMON TERMS
PRC, China the People's Republic of China
CSRC China Securities Regulatory Commission
SSE The Shanghai Stock Exchange
Hong Kong Stock Exchange The Stock Exchange of Hong Kong Limited
Hong Kong Listing Rules the Rules Governing the Listing of Securities on The Stock Exchange of
Hong Kong Limited
SFO the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong)
Company, Listed Company, Fuyao Glass, Fuyao
Fuyao Glass Industry Group Co., Ltd.
Group Fuyao Glass Industry Group Co., Ltd. and its subsidiaries Board of Directors, Board the board of directors of the Company
Board of Supervisors the board of supervisors of the Company
RMB, RMB1,000, RMB10,000 and
RMB100 million
Renminbi 1 Yuan, Renminbi 1,000 Yuan, Renminbi 10,000 Yuan, Renminbi 100 million Yuan, the lawful currency in circulation in the PRC
PVB polyvinyl butyral
OEM, ancillary business automotive glass and services used in new vehicles of automobile factories
ARG, spare parts and component business
used in aftermarket repairing glass, a kind of automotive glass that is produced for replacement purposes for aftermarket suppliers
laminated glass automotive safety glass made by two or more than two layers of automobile
float glass sticking with a layer or various layers of PVB
tempered glass automotive safety glass made by heating automotive grade float glass to certain temperature, then promptly cooling it down evenly after being shaped
float glass the glass produced by applying float technology
Reporting Period the six months ended June 30, 2017
2
Fuyao Glass Industry Group Co. Ltd. published this content on 05 August 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 04 August 2017 09:08:04 UTC.
Original documenthttp://www.fuyaogroup.com/upfiles/investor/201708/1501837456921.pdf
Public permalinkhttp://www.publicnow.com/view/D2348C1736095DB521F29D42E0951878664DF209