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Transcription:

INTERIM REPORT Stock Code 1728 A LEADING LUXURY BRANDS DEALER CONGLOMERATE

2 13 21 22 23 24 26 27 28 49

2017 (GDP)6.9% 12,932 8.8% 7.3%GDP 0.4 GDP 2017 1,125.301.9% 7.62 MINI293,280 18.4% 2016247,644 253,635 12.6% 2016290,126 304,017 41.1% 2016 215,52767,103 26.2% 201653,156 51,914 27.6% 201640,688 35,864 17.8% 201630,440 2017 2017 02

2017 2017 6 30 15,6287.1%1,734 29.0%516104.0% 23.3 102.6% 2017 2017 6 30 46,0503.5%34,0218.1% 201763462.6% 4.8% 1.73.1% 2017526,82310.8% 03

2017 2017 4S ABS ABS ABS ABS 2017 6 1 5 16 04

2017 5A 25 2017 6 29 256 150460 80 420 15 5 2019 202080 05

2017 6 30 1640 1132017 5 4S 4S 4S3 4S 19 2017 6 30 5S/4S 83 18 101 4S 13 0 13 11 0 11 6 0 6 0 1 1 113 19 132 06

2017 8 4 6 4S1 MINI 4S2 1 07

: 2 : 1 : 1 : 3 : 2 : 1 : 12 : 3 MINI : 2 : 2 : 1 : 2 : 1 : 1 : 8 : 3 : 1 : 4 : 1 : 1 : 3 : 2 : 1 : 1 : 1 : 1 : 17 : 7 : 1 : 1 : 6 MINI : 2 : 1 : 2 : 2 : 1 : 1 : 1 : 1 : 3 : 2 : 1 MINI : 1 : 1 : 40 : 2 : 5 MINI : 3 : 4 : 7 : 7 : 1 : 3 : 1 : 1 : 2 : 1 : 2 : 1 : 4 : 2 : 1 : 2 : 1 : 3 : 1 : 2 : 1 : 1 : 8 : 5 : 1 : 1 : 1 2017 6 30113 08

2017 6 3015,6282016 14,5967.1% 2017 13,215201612,400 6.6% 2017 84.6% 85.0% 1,81720161,719 5.7% 11,767201610,797 9.0%89.0% 87.1% 2017 11.6% 0.2 2017 6 30 13,8942016 13,2524.8% 2017 2016 12,010 4.8%12,582 2016 912 4.2%950 2017 6 301,7342016 1,344 29.0% 11.1%20169.2%1.9 2017 6342016390 62.6% 4.8%2016591 63.3% 20163.4%5.0% 2017867 7.4% 47.7%2016 46.9% 0.82017 205 72.3% 09

2017 6 304622016 441 4.8% 2017 6 303932016 485 19.0% 2017 6 301,0992016 634 73.3% 7.0%2016 4.3% 2.7 2017 6 3023731.1% 2016 6 30 32.2% 2017 6 305262016 260 102.3% 3.4%2016 1.8% 1.6 2017 6 30 2017 6 30 2017 6 3016,4612016 12 31 14,5931,868 2017 6 3015,4152016 12 31 15,37837 10

2017 6 303,0042016 12 31 1,6251,379 2017 6 30 169 2016 6 30 144 2017 6 30 623 2017 6 30 3,256 2016 12 313,019 237 201740.6 201646.5 5.9 6 30 2017 2016 40.6 46.5 2017 6 30 30.142016 12 31143 11

2017 6 304,882 1,580 2983,004 2016 12 31 3,4571,4252017 6 30 13,2292016 12 31 11,286 6,180 2017 6 30 89.8% 2016 12 31 87.5% 2017 6 303,2302016 12 31 3,748 2017 3 31 4S 2017 6 30 2017 6 309,3432016 12 319,1202017 6 30 394.2 2016 6 30351.0 12

2017 6 30 XV 352 (i) The Grand Glory 1,378,516,820 1 62.37% 1,230,000 2 0.056% 1,550,000 3 0.070% 1. Joy Capital Holdings LimitedJoy CapitalJoy CapitalGrand Glory Enterprises LimitedGrand GloryThe Grand Glory The Grand Glory J.P. Morgan Trust Company (Bahamas) Limited The Grand Glory2004 (Purpose Trust Act 2004) The Grand Glory 2. (i) 50%2012 1 12017 8 10 (ii) 25%2013 1 12017 8 10 (iii)25%2014 1 1 2017 8 101.5 13

3. 1,550,000 320,000 1,230,000 (i) 50%2012 1 12017 8 10 (ii)25%2013 1 12017 8 10(iii) 25%2014 1 12017 8 10 1.5 (ii) Joy Capital The Grand Glory 1 100% 1. Joy Capital1,378,516,820Joy Capital Grand Glory The Grand Glory The Grand Glory J.P. Morgan Trust Company (Bahamas) Limited The Grand Glory 2004 (Purpose Trust Act 2004) The Grand Glory 2017 6 30 14

2017 6 30 336 Joy Capital 1 1,378,516,820 62.37% Grand Glory 1 1,378,516,820 62.37% Citigroup Inc. 69,239,013 45,637,920 1,358,826 116,235,759 5.26% 1. Joy Capital1,378,516,820Joy Capital Grand Glory The Grand Glory The Grand Glory J.P. Morgan Trust Company (Bahamas) Limited The Grand Glory 2004 (Purpose Trust Act 2004) The Grand Glory (a) 2010 11 17 2010 12 10 (i) 15

(ii) (iii) (iv) (v) (vi) (vii) (viii) 10%200,000,000 9.05% 12 1% 12 0.1%5 16

211 10 (i) (ii) (iii) 2020 11 16 (b) 2010 8 9 2010 11 17 2017 6 30 10/8/2010 1.50 01/01/2012 10/08/2017 10/8/2010 1.50 01/01/2013 10/08/2017 10/8/2010 1.50 01/01/2014 10/08/2017 2017 1 1 2017 6 30 205,000 0 0 0 205,000 512,500 0 0 0 512,500 512,500 0 0 0 512,500 1,230,000 0 0 0 1,230,000 17

10/8/2010 1.50 01/01/2012 10/08/2017 10/8/2010 1.50 01/01/2013 10/08/2017 10/8/2010 1.50 01/01/2014 10/08/2017 2017 1 1 2017 6 30 205,000 0 0 0 205,000 512,500 0 0 0 512,500 512,500 0 0 0 512,500 1,230,000 0 0 0 1,230,000 2,460,000 0 0 0 2,460,000 10/8/2010 1.50 01/01/2012 10/08/2017 10/8/2010 1.50 01/01/2013 10/08/2017 10/8/2010 1.50 01/01/2014 10/08/2017 10/8/2010 2.00 01/04/2012 10/08/2017 10/8/2010 2.00 01/04/2013 10/08/2017 10/8/2010 2.00 01/04/2014 10/08/2017 10/8/2010 2.50 01/07/2012 10/08/2017 10/8/2010 2.50 01/07/2013 10/08/2017 10/8/2010 2.50 01/07/2014 10/08/2017 20/8/2010 2.50 01/07/2012 20/08/2017 20/8/2010 2.50 01/07/2013 20/08/2017 20/8/2010 2.50 01/07/2014 20/08/2017 195,130 0 0 5,200 189,930 945,825 0 0 398,000 547,825 2,100,825 0 0 398,000 1,702,825 3,241,780 0 0 801,200 2,440,580 66,200 0 0 0 66,200 170,500 0 0 0 170,500 170,500 0 0 0 170,500 407,200 0 0 0 407,200 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 18

17/11/2010 2.50 01/07/2012 17/11/2017 17/11/2010 2.50 01/07/2013 17/11/2017 17/11/2010 2.50 01/07/2014 17/11/2017 2017 1 1 2017 6 30 26,000 0 0 0 26,000 13,000 0 0 0 13,000 13,000 0 0 0 13,000 52,000 0 0 0 52,000 3,700,980 0 0 801,200 2,899,780 6,160,980 0 0 801,200 5,359,780 13.18 13.21 2017 1 12 15 4.09 62017 6 305.39 36 50%2017 1 18 2017 6 30 19

2017 4 26 2018 4.5% 335,000,000 351,632,628.59 2017 6 30 14 2017 6 30 2017 6 30 2410 2017 6 30 China ZhengTong Auto Services Holdings Limited 2017 8 21 20

22 48 2017 6 30 3434 2410 2017 6 30 34 10 8 2017 8 21 21

2017 6 30 6 30 2017 2016 4 15,627,910 14,596,154 (13,894,194) (13,251,859) 1,733,716 1,344,295 5 269,311 186,209 5 (48,503) 28,876 (462,219) (441,172) (393,307) (484,504) 1,098,998 633,704 6(a) (343,823) (257,923) 8,290 8,297 6 763,465 384,078 7 (237,148) (123,726) 526,317 260,352 515,737 253,347 10,580 7,005 526,317 260,352 8 23.3 11.5 23.3 11.5 28 48 22

2017 6 30 6 30 2017 2016 526,317 260,352 18,888 (4,603) 18,888 (4,603) 545,205 255,749 534,625 248,744 10,580 7,005 545,205 255,749 28 48 23

2017 6 30 2017 6 30 2016 12 31 10 4,090,939 3,912,899 11 1,256,703 1,108,570 12 1,688,517 1,931,884 3,718,887 3,691,704 1,998,733 1,926,551 254,021 244,114 17,359 21,803 19 166,698 154,912 143,456 13,191,857 13,135,893 13 3,255,979 3,018,856 14 6,345,301 6,384,103 12 1,978,017 1,732,996 15 1,579,904 1,831,934 298,000 16 3,004,258 1,625,128 16,461,459 14,593,017 17 2,900,000 3,252,885 17 6,026,188 5,392,584 269,226 101,720 18 4,997,524 5,501,303 1,222,496 1,129,926 15,415,434 15,378,418 1,046,025 (785,401) 14,237,882 12,350,492 28 48 24

2017 6 30 2017 6 30 2016 12 31 17 3,735,986 224,000 297,130 2,314,703 30,136 19 880,474 869,628 4,943,726 3,408,331 9,294,156 8,942,161 20 188,788 188,788 9,010,958 8,669,543 9,199,746 8,858,331 94,410 83,830 9,294,156 8,942,161 2017 8 21 28 48 25

2017 6 30 2016 1 1 188,788 4,549,233 319,553 363,806 (6,952) 4,459 5,340 3,164,405 8,588,632 100,706 8,689,338 2016 6 30 253,347 253,347 7,005 260,352 (4,603) (4,603) (4,603) (4,603) 253,347 248,744 7,005 255,749 (20,913) (20,913) (18,085) (38,998) 20(a) (187,209) (187,209) (11,144) (198,353) 2016 6 30 2016 7 1 188,788 4,549,233 298,640 363,806 (11,555) 4,459 5,340 3,230,543 8,629,254 78,482 8,707,736 2016 12 31 239,935 239,935 8,072 248,007 (10,858) (10,858) (10,858) (10,858) 239,935 229,077 8,072 237,149 17,824 (17,824) (2,724) (2,724) 60,569 (60,569) 2016 12 31 188,788 4,549,233 298,640 424,375 (22,413) 4,459 23,164 3,392,085 8,858,331 83,830 8,942,161 2017 1 1 188,788 4,549,233 298,640 424,375 (22,413) 4,459 23,164 3,392,085 8,858,331 83,830 8,942,161 2017 6 30 515,737 515,737 10,580 526,317 18,888 18,888 18,888 18,888 515,737 534,625 10,580 545,205 20(a) (193,210) (193,210) (193,210) 2017 6 30 188,788 4,549,233 298,640 424,375 (3,525) 4,459 23,164 3,714,612 9,199,746 94,410 9,294,156 28 48 26

2017 6 30 6 30 2017 2016 321,775 (24,609) (152,349) (119,125) 169,426 (143,734) (406,371) (398,842) (503) (1,162) 11 (160,152) (60,833) (168,131) 98,743 (795,990) (301,261) (11,144) (193,210) (187,209) 12,804,766 4,727,616 (8,201,397) (4,203,353) (2,305,906) (364,417) (273,918) 277,786 (138,998) 2,017,622 (87,006) 1,391,058 (532,001) 1 1 1,625,128 1,599,117 (11,928) 3,142 6 30 16 3,004,258 1,070,258 28 48 27

1 2010 7 9 Cricket Square, Hutchins Drive, P.O. Box 2681, Grand Cayman KY1-1111, Cayman Islands 4S 2 34 2017 8 21 2017 20163 34 2016 2410 21 2016 12 31 2016 12 31 2017 3 21 28

3 4 6 30 2017 2016 13,215,237 12,400,453 290,865 348,847 1,526,570 1,370,267 249,408 188,674 102,536 111,211 243,294 176,702 15,627,910 14,596,154 29

5 6 30 2017 2016 256,588 171,688 12,391 13,678 332 843 269,311 186,209 14,791 11,509 (73,998) 9,521 10,704 7,846 (48,503) 28,876 6 6 30 2017 2016 (a) 343,827 247,287 (i) 20,590 26,631 (20,594) (15,995) 343,823 257,923 (b) 367,493 327,218 (ii) 26,724 23,732 394,217 350,950 (i) (ii) 30

6 6 30 (c) 2017 2016 13,643,106 13,011,828 * 47,435 65,842 141,164 143,334 12,018 11,398 50,949 50,747 175,215 154,894 (56,081) 48,175 * 7 6 30 2017 2016 257,671 147,466 19 (20,523) (23,740) 237,148 123,726 (i) (ii) (iii) 25% 31

8 (a) 2017 6 30 515,737,0002016 6 30253,347,000 2,210,200,4402016 6 302,210,200,440 (b) 2017 6 30 515,737,0002016 6 30253,347,000 2,213,262,9502016 6 302,212,507,194 6 30 2017 2016 2,210,200,440 2,210,200,440 3,062,510 2,306,754 2,213,262,950 2,212,507,194 9 1 4S 4S 4S 2 3 32

9 (a) 33

9 (a) 4S 2017 2016 2017 2016 2017 2016 2017 2016 15,032,672 14,116,028 351,944 299,885 243,294 180,241 15,627,910 14,596,154 19,753 11,051 19,753 11,051 15,032,672 14,116,028 351,944 299,885 263,047 191,292 15,647,663 14,607,205 655,075 371,445 17,624 24,169 184,408 99,101 857,107 494,715 182,393 187,549 10,448 13,011 11,290 4,919 204,131 205,479 2017 6 30 2016 12 31 15,660,458 16,175,278 265,496 234,729 4,755,622 4,413,169 20,681,576 20,823,176 623,948 287,062 10,481 2,452 67,071 111,528 701,500 401,042 2017 6 30 2016 12 31 (13,003,097) (12,523,755) (165,629) (144,001) (3,205,682) (3,531,114) (16,374,408) (16,198,870) 2017 6 30 2016 12 31 254,021 247,314 17,359 18,603 271,380 265,917 34

9 (b) 6 30 2017 2016 857,107 494,715 (17,006) (8,342) 46,379 (59,457) 269,311 186,209 (48,503) 28,876 (343,823) (257,923) 763,465 384,078 (c) (d) 2017 6 30 2016 12 31 20,681,576 20,823,176 3,718,887 3,691,704 1,998,733 1,926,551 166,698 154,912 3,755,389 2,356,499 (667,967) (1,223,932) 29,653,316 27,728,910 (16,374,408) (16,198,870) (1,222,496) (1,129,926) (880,474) (869,628) (2,549,749) (1,812,257) 667,967 1,223,932 (20,359,160) (18,786,749) 35

10 2017 6 30463,217,000 2016 6 30399,879,0002017 6 30 144,013,0002016 6 3093,557,000 14,791,0002016 6 30 11,509,000 11 2350 2017 6 30 160,152,000 2016 6 300 12 2017 6 30 2016 12 31 1,820,844 1,618,481 176,541 143,046 (19,368) (28,531) 1,978,017 1,732,996 1,692,446 1,939,492 (3,929) (7,608) 1,688,517 1,931,884 3,666,534 3,664,880 2016249,504,7072017 6 30 36

12 (a) 2017 6 30 2016 12 31 3 779,909 1,036,040 31 1,662,793 1,910,937 12 1,154,553 717,903 23 69,279 3,666,534 3,664,880 (b) 2017 6 30 2016 12 31 1 1 36,139 11,819 266 30,728 (13,108) (6,408) 23,297 36,139 2017 6 3014,106,883201613,894,342 12,298,455201612,460,081 (c) 2017 6 30 37

13 2017 6 30 2016 12 31 3,004,626 2,765,645 222,785 229,487 28,568 23,724 3,255,979 3,018,856 14 2017 6 30 2016 12 31 672,148 676,669 15,167 26,404 9,718 10,755 697,033 713,828 697,396 1,054,354 4,950,872 4,615,921 6,345,301 6,384,103 4S 180 30 90 38

15 2017 6 30 2016 12 31 251,018 277,804 1,324,579 1,298,850 251,000 1,575,597 1,827,654 4,307 4,280 1,579,904 1,831,934 (i) (ii) 7.0% 20167.0% 16 2017 6 30 2016 12 31 5,700 13,400 2,998,558 1,611,728 3,004,258 1,625,128 3,004,258 1,625,128 39

17 2017 6 30 2016 12 31 2,900,000 3,064,885 68,000 120,000 2,900,000 3,252,885 4,164,129 3,927,766 84,000 56,000 400,000 700,000 13,156 4,661,285 4,683,766 867,292 417,529 497,611 291,289 6,026,188 5,392,584 8,926,188 8,645,469 3,735,986 224,000 3,735,986 224,000 12,662,174 8,869,469 40

18 2017 6 30 2016 12 31 3,339,126 3,831,245 28,747 271,299 1,727 1,957 3,369,600 4,104,501 498,478 503,332 1,119,896 887,826 4,987,974 5,495,659 24(b) 9,550 5,644 4,997,524 5,501,303 19 2016 1 1 (855,717) (6,705) 110,430 4,121 (27,101) (774,972) 7 12,345 148 15,083 (1,092) (2,744) 23,740 2016 6 30 (843,372) (6,557) 125,513 3,029 (29,845) (751,232) 2017 1 1 (831,074) (6,444) 150,543 4,869 (32,610) (714,716) (19,583) (19,583) 7 12,472 232 12,668 (362) (4,487) 20,523 2017 6 30 (838,185) (6,212) 163,211 4,507 (37,097) (713,776) 41

19 2017 6 30 2016 12 31 166,698 154,912 (880,474) (869,628) (713,776) (714,716) 20 (a) 6 30 2017 2016 0.102016 6 30 0.10 193,210 187,209 (b) 2017 6 30 2016 12 31 0.10 20,000,000 2,000,000 20,000,000 2,000,000 1 1 2,210,200 221,020 2,210,200 221,020 6 3012 31 2,210,200 221,020 2,210,200 221,020 188,788 188,788 42

21 2017 3 31 235,000,000 4S 29,869 29,869 78,333 78,333 64,373 64,373 277,403 277,403 2,667 2,667 (143,292) (143,292) (127,828) (127,828) 876 (19,583) (18,707) 104,068 58,750 162,818 100% 162,818 72,182 235,000 63,500 (2,667) 60,833 43

21 2017 6 30 227,293,00011,563,0002017 1 1 2017 6 30 15,822,269,000 535,649,000 2017 1 1 22 (a) 2017 6 30 2017 6 30 2016 12 31 430,098 283,354 (b) 2017 6 30 2017 6 30 2016 12 31 330,088 291,155 665,997 706,829 446,685 495,464 1,442,770 1,493,448 23 2017 6 30 44

24 2017 6 30 45

24 (a) 6 30 2017 2016 2,797 2,797 16,087 16,087 11,562 11,562 1,244 1,244 7,087 7,087 1,272 1,272 8,173 8,173 48,222 48,222 (b) 2017 6 30 2016 12 31 1,016 9,550 4,628 18 9,550 5,644 25 Joy Capital Holdings Limited 46

26 2017 6 30 2017 1 1 9 939 9 9 39 9 92018 1 1 15 1515 18 11 15 15 152018 1 1 47

26 2017 6 30 16 16 12 16 2017 6 30 1,411,195,000 16 16 16 162019 1 1 2018 16 48

Cricket Square Hutchins Drive P.O. Box 2681 Grand Cayman, KY1-1111 Cayman Islands 59 99 59 5905 www.zhengtongauto.com 49

183 46 Conyers Trust Company (Cayman) Limited Cricket Square Hutchins Drive P.O. Box 2681 Grand Cayman, KY1-1111 Cayman Islands 50

www.zhengtongauto.com