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(Incorporated in Hong Kong with limited liability)
(Stock Code: 3320)
ANNOUNCEMENT
UNAUDITED FINANCIAL RESULTS OF CR DOUBLE-CRANE
FOR THE NINE MONTHS ENDED 30 SEPTEMBER 2019
On 29 October 2019, CR Double-Crane released its quarterly report for the nine months ended 30 September 2019.
China Resources Double-Crane Pharmaceutical Company Limited(華潤雙鶴藥業股份有限 公司)("CR Double-Crane") is a company incorporated in the People's Republic of China. The shares of CR Double-Crane are listed on the Shanghai Stock Exchange. As of the date of this announcement, CR Double-Crane is indirectly owned as to approximately 59.99% by China Resources Pharmaceutical Group Limited (the "Company", together with its subsidiaries, the "Group") and is a subsidiary of the Company.
On 29 October 2019, CR Double-Crane released its quarterly report for the nine months ended
30 September 2019 (the "CR Double-CraneUnaudited Financials"). Set out below are the key financial information of the CR Double-Crane Unaudited Financials:
For the nine months ended 30 September
20192018
(RMB)(RMB)
(unaudited) (unaudited)
Revenue | 7,406,741,940.89 | 6,309,508,690.72 |
Net profit | 930,365,840.14 | 863,622,776.27 |
Net increase in cash and cash equivalents | 628,396,978.82 | -138,448,548.09 |
Cash and cash equivalents at the end of the period | 1,718,193,736.84 | 1,108,896,471.77 |
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As of | As of | |
30 September | 31 December | |
2019 | 2018 | |
(RMB) | (RMB) | |
(unaudited) | (audited) | |
Total assets | 11,218,418,141.47 | 10,306,170,915.73 |
Total liabilities | 2,673,359,071.69 | 2,397,574,946.61 |
Owner's equity | 8,545,059,069.78 | 7,908,595,969.12 |
The CR Double-Crane Unaudited Financials have been prepared in accordance with the PRC Generally Accepted Accounting Principles, have not been reviewed or audited by the Company's auditors, and may require adjustment during the course of auditing. The financial information is limited to CR Double-Crane only and does not represent or provide a complete view of the operational or financial status of the Group. Shareholders and potential
investors should exercise caution when dealing in securities of the Company and should not rely solely on such information.
For further details of the CR Double-Crane Unaudited Financials, please refer to the quarterly report for the nine months ended 30 September 2019 published by CR Double-Crane on the website of the Shanghai Stock Exchange (www.sse.com.cn).
By order of the Board of Directors
China Resources Pharmaceutical Group Limited
WANG Chuncheng
Chairman
Hong Kong, 30 October 2019
As of the date of this announcement, the Board of Directors of the Company comprises Mr. WANG Chuncheng as chairman and non-executive Director, Mr. HAN Yuewei, Mr. LI Xiangming and Mdm. WENG Jingwen as executive Directors, Mr. YU Zhongliang, Mdm. GUO Wei, Mr. WANG Shouye and Mr. LYU Ruizhi as non-executive Directors and Mdm. SHING Mo Han Yvonne, Mr. KWOK Kin Fun, Mr. FU Tingmei and Mr. ZHANG Kejian as independent non-executive Directors.
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