Fufeng Group Limited 546 6,610,200,000 6,210,600,000 6.4% 20.0% 1,121,500,000 24.1% 997,000,000 42.7% 124,400,000 51.0% 315,000,000 14.73 14.71 32.24 32.18 1
6.6%*14.4%* 4.2 * 2410 7 774,958 1,393,941 7 9,958,091 9,234,061 7 18,912 17,791 31,511 31,396 183,788 182,447 10,967,260 10,859,636 2,963,527 3,229,895 8 2,282,822 1,361,559 9 822,155 515,444 6,068,504 5,106,898 10 709,101 6,777,605 5,106,898 17,744,865 15,966,534 2
11 244,436 244,436 11 1,510,568 1,736,726 387,775 384,178 7,410,669 7,094,765 9,553,448 9,460,105 12 570,517 560,265 808,579 721,936 16,650 16,650 1,395,746 1,298,851 13 3,261,935 3,685,015 666,464 39,551 111,624 12 2,826,522 1,410,939 6,794,472 5,207,578 10 1,199 6,795,671 5,207,578 8,191,417 6,506,429 17,744,865 15,966,534 3
6 6,610,222 6,210,619 (5,488,745) (4,809,012) 1,121,477 1,401,607 14 131,177 124,373 (534,920) (489,830) (254,304) (228,201) (17,801) (20,992) (10,332) 3,923 15 435,297 790,880 1,911 22,410 (70,524) (42,993) 16 (68,613) (20,583) 115 53 366,799 770,350 17 (51,801) (127,790) 314,998 642,560 314,998 642,560 314,998 642,560 18 12.37 27.98 18 12.35 27.93 4
1. Cricket Square, Hutchins Drive, P.O. Box 2681 Grand Cayman KY1 1111 Cayman Islands 206,110,000 2. 34 5
3. (a) 9 15 (c) (b) 16 i) 23 9 28 17 10 28 i) 16 16 1,875,000 6
(c) i) 9 939 9 39 9 9 9 7
ii 9 9 iii) 15 15 15 15 15 18 15 3,685,015 (346,937) 3,338,078 346,937 346,937 8
iv 15 4. 9 15 5. 5.1 90 9
5.2 12 1 1 2 2 5 2,826,522 252,930 333,083 78,956 12,613 4,762 2,803,111 5,708,589 265,543 337,845 1,410,939 250,773 326,710 59,872 15,352 10,090 2,875,253 4,346,064 266,125 336,800 5.3 6. 10
73%70% 3,322,145 2,998,000 844,380 988,587 668,880 631,338 419,846 455,494 388,015 332,023 433,612 310,909 171,128 226,215 143,574 161,805 4,401 4,749 214,241 101,499 6,610,222 6,210,619 6,222,207 388,015 6,610,222 347,337 101,856 (13,896) 435,297 (68,613) 115 366,799 (51,801) 314,998 11
439,576 29,851 487 469,914 11,076 1,282 43 12,401 1,144 1,144 7(a) 56,513 56,513 5,900 5,900 379 379 12,854,755 4,106,911 783,199 17,744,865 6,234,387 1,058,955 898,075 8,191,417 5,878,596 332,023 6,210,619 766,576 48,783 (24,479) 790,880 (20,583) 53 770,350 (127,790) 642,560 12
411,233 33,055 637 444,925 10,622 1,241 43 11,906 786 786 1,291 1,291 228 228 9,786,329 4,106,802 1,670,490 15,563,621 4,173,230 1,202,621 1,291,185 6,667,036 7. 1,393,941 9,234,061 17,791 10,645,793 108,390 1,137,546 2,265 1,248,201 (5,890) (115) (6,005) (12,401) (469,914) (1,144) (483,459) (a) 56,513 56,513 (709,082) (709,082) 774,958 9,958,091 18,912 10,751,961 1,413,942 7,858,775 9,108 9,281,825 3,713 488,689 28 492,430 (913) (913) (11,906) (444,925) (786) (457,617) 1,405,749 7,901,626 8,350 9,315,725 13
(a) 56,513,00083,686,000 56,513,000 13% 8. (a) 529,490 509,204 (20,510) (20,258) 508,980 488,946 (b) 716,706 562,423 130,966 46,553 2,301 2,299 2,301 2,299 249,824 193,258 1,608,777 1,293,479 674,045 68,080 2,282,822 1,361,559 14
(a) 369,998 402,822 108,486 60,765 51,006 45,617 529,490 509,204 (b) 615,218,000509,926,000 9. 892 472 754,350 419,016 755,242 419,488 22,000 22,100 777,242 441,588 44,913 73,856 822,155 515,444 15
10. 1,792,300,00010 (a) 709,082 19 709,101 (b) 1,199 1,199 16
11. 10,000,000 2,126,685 207,222 462,639 669,861 280,049 24,807 904,513 929,320 140,000 12,407 666,737 679,144 (176,815) (176,815) 10,000,000 2,546,734 244,436 1,857,074 2,101,510 10,000,000 2,546,734 244,436 1,736,726 1,981,162 (226,158) (226,158) 10,000,000 2,546,734 244,436 1,510,568 1,755,004 12. 570,517 560,265 570,517 560,265 1,828,146 415,000 998,376 995,939 2,826,522 1,410,939 3,397,039 1,971,204 17
3,099,977 697,235 (311,035) (931,944) 2,332 (17,823) 2,538,742 1,971,204 2,050,824 (644,900) 6,412 13,499 3,397,039 57,025,000 42,993,000 13. (a) 1,219,079 1,451,471 346,937 1,219,052 1,013,726 11,320 83,795 61,980 62,281 382,315 398,098 23,663 9,227 2,041 2,039 407 407 342,078 317,034 18 3,261,935 3,685,015
(a) 735,124 1,014,534 243,281 218,759 161,825 151,949 49,358 44,024 29,491 22,205 1,219,079 1,451,471 14. 58,638 48,985 36,829 38,731 21,414 16,879 14,296 19,778 131,177 124,373 15. 12,401 11,906 1,144 786 469,914 444,925 7(a) (56,513) 4,503 6,512 (1,610) 5 153 19
16. 57,025 42,993 13,499 70,524 42,993 (1,911) (4,526) (17,884) (1,911) (22,410) 68,613 20,583 17. 48,050 110,737 89 1,135 5,002 528 1 (1,341) 15,390 51,801 127,790 20
18. 12.37 27.98 12.35 27.93 12.37 12.35 14.73 14.71 27.98 27.93 32.24 32.18 19. 280,141,000 226,158,000 11.0 8.88 106,963,000 93,379,000224,113,000 191,298,000 4.2 3.678.8 7.51 20. 21
21. (a) (1) * 40,942 * (2) * 36,217 * (b) 7,048 9,371 475 337 3,597 5,354 11,120 15,062 22
(c) (1) 7,604 (2) 1,375 (3) 36,700 27,726 (d) 22. 10 19 23
24
420,000433,600,000 39.5% 25
15,00418.9% 65,000 人民幣 ( 百萬元 ) 14,000 13,000 12,000 11,000 10,000 9,000 8,000 7,000 6,000 5,000 4,000 3,000 2,000 1,000 0 13,033.5 11,803.1 11,111.9 11,366.7 11,297.7 11,225.7 8,399.2 二零一一年 二零一二年 二零一三年 二零一四年 二零一五年 二零一六年 二零一七年 6,210.6 6,610.2 二零一七年上半年 二零一八年上半年 6,610,200,000 6,210,600,000 (1) (2) 1,401,600,000 1,121,500,000 20.0% 6.6% 18.9% 26
20.2% 3.8% 48.1% 38.8% 668,900,000 5.9% 79,407 76,036 ThreAMINO (L ThreAMINO L 419,800,000 7.8 % 27
64.1% 0.2% % 6,610,222 6,210,619 6.4 1,121,477 1,401,607 (20.0) (%) 17.0 22.6 (5.6) 20.0% 28
% 314,998 642,560 (51.0) 51.0% 1. 2. % % % 6,222,207 388,015 6,610,222 5,878,596 332,023 6,210,619 5.8 16.9 6.4 997,028 124,449 1,121,477 1,314,398 87,209 1,401,607 (24.1) 42.7 (20.0) 16.0% 32.1% 17.0% 22.4% 26.3% 22.6% (6.4) 5.8 (5.6) 347,337 101,856 766,576 48,783 (54.7) 108.8 12,854,755 4,106,911 9,786,329 4,106,802 31.4 0.0 6,234,387 1,058,955 4,173,230 1,202,621 49.4 (11.9) 29
6,222,200,000 343,600,000 5.8% 568,439 3.8% 159,47838.8% % 3,322,145 2,998,000 10.8 171,128 226,215 (24.4) 143,574 161,805 (11.3) 844,380 988,587 (14.6) 433,612 310,909 39.5 668,880 631,338 5.9 419,846 455,494 (7.8) 4,401 4,749 (7.3) 10,882 9,615 13.2 94,208 8,850 964.5 109,151 83,034 31.5 6,222,207 5,878,596 5.8 30
3,942,168 1,513,260 498,324 268,455 6,222,207 447,637 313,318 206,768 29,305 997,028 11.4% 20.7% 41.5% 10.9% 16.0% 人民幣 噸 6,200 6,000 6,091 5,996 5,986 5,941 5,800 5,600 5,969 5,691 5,603 5,711 5,400 5,200 5,334 5,275 5,000 一六年第一季 一六年第二季 一六年第三季 一六年第四季 一七年第一季 一七年第二季 一七年第三季 一七年第四季 一八年第一季 一八年第二季 味精 5,475 6.6% 5,838 547,672 3.8% 568,439 10.8% U 602,200,000 514,900,000 31
39.5% 159,478 420,000 2,702 2,778 243,000 5.9%76,036 79,407 8,3198,311 14.6% 2,482 2,226 10.3% 419,800,000 455,500,000 32
369 70 15.9% 161,800,000 143,600,000 997,028 1,314,398 (24.1)% (%) 16.0 22.4 (6.4) 997,000,000 6.4 16.0% 33
% % % 2,191,704 43.7 2,410,522 47.7 (9.1) 72,068 1.4 96,854 1.9 (25.6) 48,347 1.0 43,842 0.9 10.3 734,533 14.7 669,318 13.3 9.7 388,444 7.8 383,593 7.6 1.3 293,922 5.9 299,828 5.9 (2.0) 1,283,148 25.5 1,147,355 22.7 11.8 5,012,166 100.0 5,051,312 100.0 (0.8) 43.7% 47.7% 4.0 1,41711.4% 9.1% 人民幣 噸 2,000 1,928 玉米顆粒價格趨勢 1,800 1,693 1,600 1,400 1,469 1,351 1,340 1,272 1,417 1,200 一五年上半年 一五年下半年 一六年上半年 一六年下半年 一七年上半年 一七年下半年 一八年上半年 34
1.4% 1.9% 2,774 529 23.6% 25.6% 1.0% 0.9%393 195 98.5% 14.7% 13.3%231 31 15.5% 人民幣 噸 400 300 200 100 300 221 192 107 323 247 213 124 331 253 225 154 256 0 二零一七年上半年二零一七年下半年二零一八年上半年 陝西內蒙古呼倫貝爾新疆黑龍江 35
% 665,000 615,000 8.1 488,405 612,193 (20.2) 73.4% 99.5% 107,000 78,000 37.2 92,848 80,027 16.0 86.8% 102.6% 540,000 540,000 409,778 546,542 (25.0) 75.9% 101.2% 175,000 130,000 34.6 177,154 119,603 48.1 101.2% 92.0% 73.4% 420,000 36
% 388,015 332,023 16.9 15,004 12,624 18.9 124,449 87,209 42.7 (%) 32.1 26.3 5.8 ppts. 31,667 30,000 5.6% 25,252 15,384 64.1 79.7% 51.3% 28.4 ppts. 332,000,000 16.9% 388,000,000 79.4% 77.1% 37
噸 36,000 黃原膠銷量對平均售價 人民幣 噸 22,000 29,000 22,000 25,485 25,277 25,996 26,826 26,041 20,000 18,000 15,000 8,000 11,522 10,643 12,624 13,962 15,004 16,000 14,000 12,000 1,000 二零一六年上半年 二零一六年下半年 銷量 ( 噸 ) 二零一七年上半年 二零一七年下半年 二零一八年上半年 平均售價 ( 人民幣 噸 ) 10,000 0.2%16.9% 15,004 18.9% 87,200,00042.7% 124,400,000 5.8 38
% % % 79,098 27.6 40,476 25.1 95.4 17,404 6.1 10,771 6.7 61.6 64,518 22.6 35,507 22.1 81.7 21,349 7.5 14,704 9.1 45.2 23,408 8.2 16,834 10.5 39.1 80,301 28.0 42,649 26.5 88.3 286,078 100.0 160,941 100.0 77.8 65,000 25,252 64.1% 286,100,00077.8% 27.6% 25.1% 2.5 1,717154 9.9% 40,500,000 95.4% 79,100,000 6.1% 6.7% 4,269 9.2% 3,878 39
22.6% 22.1% 231 33 16.7% 26,100,00011.4% 14,000,000 (1) (2) 13,500,000 40
444,900,000 25,000,000 5.6%469,900,000 131,200,000 68.06% (i) (ii) (iii) 120,000250,000 350,000 54,000,000 112,500,000 157,500,000 74,035 36,200,000 41
(1)(2) (3) (1) (2) (3) (4) 15%15% [2011]58 15% 15% 15% 25%25% 42
43
1,792,300,00010 822,200,000515,400,000 1,828,100,000 998,400,000415,000,000 995,900,000 570,500,000 560,300,000 3.98 1,000,000,000 44
12,000 9,500 Acquest Honour Holdings Limited Summit Challenge Limited Absolute Divine Limited Expand Base Limited) 17,744,900,000 15,966,500,000 3,397,000,0001,971,200,000 19.1%12.3% 45
4.2 183 22 A.6.7 46
47
48
49
% 50