Report of Foreign Issuer (6-k)
29 April 2017 - 6:04AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
6-K
Report of
foreign private issuer
pursuant to Rule
13a-16
or
15d-16
of the Securities Exchange Act of 1934.
For the Month of April, 2017
Commission File Number:
001-12126
CHINA ENTERPRISES LIMITED
(Exact name of registrant as specified in its charter)
Unit 703,
7/F., 1063 Kings Road, Quarry Bay, Hong Kong
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form
20-F
or
Form 40-F.
☒ Form 20-F
☐ Form
40-F
Indicate by check mark if the registrant is submitting the Form
6-K
in paper as permitted by Regulation
S-T
Rule 101(b)(1): ☐
Indicate by check mark if the registrant is submitting the Form
6-K
in paper as permitted by Regulation
S-T
Rule 101(b)(7): ☐
Indicate by check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule
12g3-2(b)
under the Securities Exchange Act of 1934.
☐ Yes ☒ No
If Yes is marked, indicate below the file number assigned to the registrant in connection with Rule
12g3-2(b):
82-
.
CHINA ENTERPRISES LIMITED
TABLE OF CONTENTS
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned, thereunto duly authorized.
Date: April 28, 2017
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CHINA ENTERPRISES LIMITED
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By:
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/s/ Yap, Allan
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Name:
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Yap, Allan
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Title:
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Chairman
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CHINA ENTERPRISES LIMITED
PRESS RELEASE
HONG KONG, CHINA,
April 28, 2017 - The Board of Directors of the Company announced the following financial information for the year ended December 31, 2016: -
UNAUDITED CONSOLIDATED RESULTS FOR THE YEAR ENDED DECEMBER 31, 2016
Financial Highlights
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Year ended
December 31, 2016
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Year ended
December 31, 2015
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Revenue
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Nil
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Nil
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Operating loss
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Rmb(2.7M)
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Rmb(2.8M)
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Profit before income tax
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Rmb0.6M
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Rmb4.1M
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Net income
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Rmb0.6M
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Rmb4.1M
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Earnings per common share
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Rmb0.07
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Rmb0.45
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The Company does not have an operating subsidiary up to the date of this press release, and the Company is actively seeking
new opportunities with respect to its business.
The Rmb2.7 million loss from operating activities represented the general and administrative
expenses incurred for the year ended December 31, 2016. General and administrative expenses were comprised of expenditures for personnel and administrative functions, including accounting, information technology, human resources, legal and
administration. The general and administrative expenses in 2015 were Rmb2.8 million.
Apart from the general and administrative expenses of
Rmb2.7 million, components of net income of Rmb0.6 million for the year ended December 31, 2016 were interest income of Rmb2.6 million, unrealized gain recognized on trading securities of Rmb2.4 million, exchange gain of
Rmb0.2 million, offset by interest expense of Rmb0.6 million, net realized loss recognized on investments of Rmb1.3 million.
The Company
presently anticipates that it will hold its forthcoming Annual General Meeting in Hong Kong as soon as practicable in 2017.
***End***
For more information, please contact:
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Hong Kong
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New York
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China Enterprises Limited
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Pristine Advisers
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Tel: (852) 3151 0300
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Tel: (631)
756-2486
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Fax: (852) 2542 0298
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Fax: (646)
478-9415
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