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    Annual report 2016 and first quarter report 2017 published

    2017-04-19

    1, Asia Pacific Technology 2016 attributable to shareholders of listed companies net profit grew 23.24%

    Asia-Pacific Science and Technology Annual Report 2016 discloses that in 2016, under the background of sustained and severe macro-economy at home and abroad and China's government's active promotion of industrial supply-side structural reform, Asia-Pacific Science and Technology will actively explore and develop in the light of its future development strategy and closely around the operational objectives and plans formulated for 2016. Encounter, carry out various work steadily. During the reporting period, the company realized operating income of 2.718.842 million yuan, an increase of 18.5% over the same period of the previous year; the net profit of shareholders belonging to listed companies was 296.772 million yuan, an increase of 23.24% over the same period of the previous year. The company's profile, pipe and bar production capacity reached 127,000 tons; output of about 127,300 tons, an increase of 21.53%; sales of about 126,800 tons, an increase of 21.53%; at the end of the reporting period orders held more than 20,000 tons.

    2, Asia Pacific Technology in the first quarter of 2017 increased by 47.26% year-on-year net profit, net profit increased in 2017 1-6 months.

    Asia Pacific Technology 2017 first quarter report:

    1) In the first quarter of 2017, operating income was 769,815,479.03 yuan, 33.64% year-on-year change; net profit of shareholders of listed companies was 70,749,265.66 yuan, 47.26% year-on-year change.

    2) The net profit of shareholders of listed companies is expected to increase by 10% to 35% from January to June 2017 (from 158.455 million yuan to 19.473 million yuan). The main reasons are: First, the company's sales order is stable, the development and supply of automotive power system and body aluminum, while developing the non-automotive industry market, capacity growth is stable; second, due to the impact of the stock market, the company's securities investment business report period is still uncertain.

    3, Asia Pacific Science and technology 2016 profit distribution plan (every 10 shares distributed 0.6 yuan) was considered and approved by the board of directors.

    At the 6th meeting of the 4th Asia-Pacific Science and Technology Board, the "Profit Allocation Plan for 2016" was considered and adopted.

    According to the unqualified audit report issued by Jiangsu Notarized Tianye Accounting Firm (Special General Partnership), the net profit attributable to the owner of the parent company in 2016 was 296,772,152.46 yuan, and the total comprehensive income attributable to the owner of the parent company was 296,281,572.11 yuan, which was not recorded at the beginning of the year. Distribution profit is $866,709,487.70, and the accumulated undistributed profit in 2016 is $1,093,531,273.04 after deducting minority shareholders'profit and loss, withdrawing statutory surplus reserve fund according to regulations and deducting the profits already distributed to shareholders last year. Among them: the parent company realized net profit of 179,503,671.25 yuan, plus the undistributed profits at the beginning of the period, deducting the statutory surplus reserve fund and the profits allocated to shareholders last year, the parent company accumulated undistributed profits of 687,855,864.47 yuan in 2016. According to the relevant regulations, the company intends to allocate the following schemes:

    Based on 1,040,000,000 shares of the company's total equity on December 31, 2016, a total of 62,400,000 RMB yuan (including tax) was distributed to all shareholders for a dividend of RMB 0.6 yuan (including tax) per 10 shares of the company; no shares were delivered; no capital gains were made from the provident fund.

    This plan should be submitted to the company's 2016 annual general meeting.


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