建车B：2018年半年度报告（英文版）

The Semi-Annual Report 2018 July 2018 I. Important Prompts, Table of Contents, and Definitions The Board of Directors, The Supervisory Committee, the supervisors and the directors of the Company guaranteethat there are no significant omissions, fictitious or misleading statements carried in the Report and we will acceptindividual and joint responsibilities for the truthfulness, accuracy and completeness of the Report. Mr. Lv Hongxian, The Company leader, Mr.Fan Aijun, Chief financial officer and the Ms.Niu Yanli, the person incharge of the accounting department (the person in charge of the accounting )hereby confirm the authenticity andcompleteness of the financial report enclosed in the semi-report. Except the following directors, all the directors attended the board meeting for reviewing the semi-report. Prospective statements carried in this report, such as business plans for future are not constituting any substantialcommitment to the investors. Please be cautious to the risks. This report is prepared both in English and Chinese.When there is any conflict in understanding, the Chinese version shall prevail. The Company analyzed the risks that may exist in the course of the operation of the Company and thecountermeasures in the section "The Risks Faced by the Company and the Countermeasures " in Section 4"Discussion and Analysis of Business Operation Situation",so please pay attention to that relevant contents. The Company will not distribute cash dividend or bonus shares, neither capitalizing of common reserves for thereport period. Table of Contents 2018 Semi-Annual ReportI.Important Notice and DefinitionsII. Corporate Profile and Key Financial ResultsIII. Business ProfileIV. Performance Discussion and AnalysisV. Important EventsVI. Change of share capital and shareholding of Principal ShareholdersVII. Situation of the Preferred SharesVIII.Information about Directors, Supervisors and Senior ExecutivesIX. Corporate Bonds .X.Financial ReportXI. Documents available for inspection Definition II. Corporate Profile and Key Financial Results 1. Basic Information 2. Contact person and contact manner 3.Other (1)Way to contact the Company Whether registrations address, offices address and codes as well as website and email of the Company changed inreporting period or not □ Applicable □√ Not Applicable The registered address, office address and their postal codes, website address and email address of the Companydid not change during the reporting period. The said information can be found in the 2017 Annual Report. （2）About information disclosure and where this report is placed Did any change occur to information disclosure media and where this report is placed during the reporting period?□ Applicable √ Not applicable The newspapers designated by the Company for information disclosure, the website designated by CSRC fordisclosing this report and the location where this report is placed did not change during the reporting period. Thesaid information can be found in the 2017 Annual Report. IV.Summary of Accounting data and Financial index May the Company make retroactive adjustment or restatement of the accounting data of the previous years□ Yes√ No V. Differences between accounting data under domestic and overseas accounting standards 1. Differences of net profit and net assets disclosed in financial reports prepared under international and Chineseaccounting standards. □ Applicable √Not applicableNo difference. 2. Differences of net profit and net assets disclosed in financial reports prepared under overseas and Chineseaccounting standards. □ Applicable√Not applicableNo difference. VI.Items and amount of deducted non-current gains and losses √ Applicable □ Not applicable In RMB For the Company’s non-recurring gain/loss items as defined in the Explanatory Announcement No.1 oninformation disclosure for Compaines Offering their Securities to the Public-Non-recurring Gains and Losses andits non-recurring gain/loss items as illustrated in the Explanatory Announcement No.1 on information Disclosurefor Companies offering their securities to the public-non-recurring Gains and losses which have been defined asrecurring gains and losses, it is necessary to explain the reason. □Applicable√Not applicable None of Non-recurring gain /loss items recorgnized as recurring gain /loss/items as defined by the informationdisclosure explanatory Announcement No.1- Non–recurring gain/loss in the report period. III. Outline of Company Business Ⅰ.Main Business the Company is Engaged in During the Report Period Whether the company needs to comply with the disclosure requirements of the particular industryNo The company engages mainly in production and sales of the vehicle air compressor including the vane ironand aluminous compressor, piston swash-plate fixed discharge rate compressor, piston swash-plate variabledischarge rate compressor and motor compressor (with the discharge rate from 32cc to 480cc),