KONKAGROUPCO.,LTD.INTERIMREPORT2023
2023-54
August2023
PartIImportantNotes,TableofContentsandDefinitions
TheBoardofDirectors(orthe“Board”),theSupervisoryCommitteeaswellasthedirectors,supervisorsandseniormanagementofKonkaGroupCo.,Ltd.(hereinafterreferredtoasthe“Company”)herebyguaranteethefactuality,accuracyandcompletenessofthecontentsofthisReportanditssummary,andshallbejointlyandseverallyliableforanymisrepresentations,misleadingstatementsormaterialomissionstherein.ZhouBin,theCompany’slegalrepresentative,LiChunlei,theCompany’sChiefFinancialOfficer(CFO),andPingHeng,theheadoftheCompany’sfinancialdepartment(equivalenttofinancialmanager)herebyguaranteethattheFinancialStatementscarriedinthisReportarefactual,accurateandcomplete.AlltheCompany’sdirectorshaveattendedtheBoardmeetingforthereviewofthisReportanditssummary.Anyplansforthefutureorotherforward-lookingstatementsmentionedinthisReportanditssummaryshallNOTbeconsideredasabsolutepromisesoftheCompanytoinvestors.Therefore,investorsareremindedtoexercisecautionwhenmakinginvestmentdecisions.TheCompanyhasnointerimdividendplan,eitherintheformofcashorstock.ThisReportanditssummaryhavebeenpreparedinbothChineseandEnglish.Shouldtherebeanydiscrepanciesormisunderstandingsbetweenthetwoversions,theChineseversionsshallprevail.
TableofContents
PartIImportantNotes,TableofContentsandDefinitions ...... 2
PartIICorporateInformationandKeyFinancialInformation ...... 10
PartIIIManagementDiscussionandAnalysis ...... 14
PartIVCorporateGovernance ...... 28
PartVEnvironmentalandSocialResponsibility ...... 29
PartVISignificantEvents ...... 41
PartVIIShareChangesandShareholderInformation ...... 61
PartVIIIPreferredShares ...... 65
PartIXCorporateBonds ...... 66
PartXFinancialStatements ...... 69
DocumentsAvailableforReference
1.ThefinancialstatementswiththesignaturesandsealsoftheCompany’slegalrepresentative,ChiefFinancialOfficerandheadofthefinancialdepartment;
2.TheoriginalsofalltheCompany’sdocumentsandannouncementsdisclosedtothepublicintheReportingPeriod;and
3.ThedocumentsaboveareavailableattheSecretariatoftheBoard.
Definitions
Term
| Term | Definition |
| The“Company”,the“Group”,“KonkaGroup”or“we” | KonkaGroupCo.,Ltd.anditsconsolidatedsubsidiaries,exceptwherethecontextotherwiserequires |
| ElectronicsTechnology | ShenzhenKonkaElectronicsTechnologyCo.,Ltd. |
| AnhuiZhilian | AnhuiKonkaZhilianE-CommerceCo.,Ltd. |
| HaimenKonka | NantongHaimenKonkaSmartTechnologyCo.,Ltd. |
| ChengduKonkaSmart | ChengduKonkaSmartTechnologyCo.,Ltd. |
| ChengduKonkaElectronic | ChengduKonkaElectronicCo.,Ltd. |
| NantongHongdin | NantongHongdinSmartTechnologyCo.,Ltd. |
| ShenzhenKangcheng | ShenzhenKangchengTechnologyInnovationandDevelopmentCo.,Ltd. |
| XiaojiaTechnology | XiaojiaTechnologyCo.,Ltd. |
| LiaoyangKangshunSmart | LiaoyangKangshunSmartTechnologyCo.,Ltd. |
| LiaoyangKangshunRenewable | LiaoyangKangshunRenewableResourcesCo.,Ltd. |
| NanjingKonka | NanjingKonkaElectronicsCo.,Ltd. |
| ChuzhouKonka | ChuzhouKonkaPrecisionIntelligentManufacturingTechnologyCo.,Ltd. |
| XingDaHongYe | GuangDongXingDaHongYeElectronicCo.,Ltd. |
| KonkaCircuit | ShenzhenKonkaCircuitCo.,Ltd. |
| KonkaFlexibleElectronic | SuiningKonkaFlexibleElectronicTechnologyCo.,Ltd. |
| KonkaHongyeElectronics | SuiningKonkaHongyeElectronicsCo.,Ltd. |
| BoluoPrecision | BoluoKonkaPrecisionTechnologyCo.,Ltd. |
| BoluoKonka | BoluoKonkaPCBCo.,Ltd. |
| AnhuiTongchuang | AnhuiKonkaTongchuangElectricalAppliancesCo.,Ltd. |
| JiangsuKonkaSmart | JiangsuKonkaSmartElectricalAppliancesCo.,Ltd. |
| AnhuiElectricalAppliance | AnhuiKonkaElectricalApplianceTechnologyCo.,Ltd. |
| FrestecRefrigeration | HenanFrestecRefrigerationApplianceCo.,Ltd. |
| FrestecElectricalAppliances | HenanFrestecElectricalAppliancesCo.,Ltd. |
| FrestecHouseholdAppliances | HenanFrestecHouseholdAppliancesCo.,Ltd. |
| FrestecSmartHome | HenanFrestecSmartHomeTechnologyCo.,Ltd. |
| KonkaInvestment | ShenzhenKonkaInvestmentHoldingsCo.,Ltd. |
| YibinKonkaTechnologyPark | YibinKonkaTechnologyParkOperationCo.,Ltd. |
| KonkaCapital | ShenzhenKonkaCapitalEquityInvestmentManagementCo.,Ltd. |
| KonkaSuiyong | KonkaSuiyongInvestment(Shenzhen)Co.,Ltd. |
| ShengxingIndustrial | ShenzhenKonkaShengxingIndustrialCo.,Ltd. |
ZhitongTechnology
| ZhitongTechnology | ShenzhenKonkaZhitongTechnologyCo.,Ltd. |
| KonkaFactoring | KonkaFactoring(Shenzhen)Co.,Ltd. |
| BeijingKonkaElectronic | BeijingKonkaElectronicCo.,Ltd. |
| TianjinKonka | TianjinKonkaTechnologyCo.,Ltd. |
| SuiningKonkaIndustrialPark | SuiningKonkaIndustrialParkDevelopmentCo.,Ltd. |
| SuiningElectronicTechnologicalInnovation | SuiningKonkaElectronicTechnologicalInnovationCo.,Ltd. |
| ShanghaiKonka | ShanghaiKonkaIndustrialCo.,Ltd. |
| YantaiKangjin | YantaiKangjinTechnologyDevelopmentCo.,Ltd. |
| MobileInterconnection | ShenzhenKonkaMobileInterconnectionTechnologyCo.,Ltd. |
| SichuanKonka | SichuanKonkaSmartTerminalTechnologyCo.,Ltd |
| YibinSmart | YibinKonkaSmartTechnologyCo.,Ltd. |
| ShenzhenKONSEMI | ShenzhenKONSEMICo.,Ltd. |
| ChongqingKonka | ChongqingKonkaTechnologyDevelopmentCo.,Ltd. |
| KowinMemory(Shenzhen) | KowinMemoryTechnology(Shenzhen)Co.,Limited |
| KowinMemory(HongKong) | KowinMemoryTechnology(HongKong)Co.,Limited |
| KonkaXinyunSemiconductor | KonkaXinyunSemiconductorTechnology(Yancheng)Co.,Ltd. |
| IndustrialandTradeTechnology | KonkaIndustrialandTradeTechnology(Shenzhen)Co.,Ltd. |
| ShenzhenNianhua | ShenzhenNianhuaEnterpriseManagementCo.,Ltd. |
| KonkaHuazhong | KonkaHuazhong(Hunan)TechnologyCo.,Ltd. |
| Wankaida | ShenzhenWankaidaScienceandTechnologyCo.,Ltd. |
| ShenzhenChuangzhiElectricalAppliances | ShenzhenKonkaChuangzhiElectricalAppliancesCo.,Ltd. |
| SuiningJiarunProperty | SuiningJiarunPropertyCo.,Ltd. |
| AnhuiKonka | AnhuiKonkaElectronicCo.,Ltd. |
| KangzhiTrade | AnhuiKangzhiTradeCo.,Ltd. |
| TelecommunicationTechnology | ShenzhenKonkaTelecommunicationsTechnologyCo.,Ltd. |
| KonkaMobility | KonkaMobilityCo.,Limited |
| DongguanKonka | DongguanKonkaElectronicCo.,Ltd. |
| SuiningKonkaSmart | SuiningKonkaSmartTechnologyCo.,Ltd. |
| ChongqingOptoelectronicTechnologyResearchInstitute | ChongqingKonkaOptoelectronicTechnologyResearchInstituteCo.,Ltd. |
| YibinKangrun | YibinKangrunEnvironmentalTechnologyCo.,Ltd. |
| YibinKangrunMedical | YibinKangrunMedicalWasteCentralizedTreatmentCo.,Ltd. |
| YibinKangrunEnvironmentalProtection | YibinKangrunEnvironmentalProtectionPowerGenerationCo.,Ltd. |
NingboKhrElectricAppliance
| NingboKhrElectricAppliance | NingboKhrElectricApplianceCo.,Ltd. |
| JiangxiKonka | JiangxiKonkaNewMaterialTechnologyCo.,Ltd. |
| JiangxiHighTransparentSubstrate | JiangxiHighTransparentSubstrateMaterialTechnologyCo.,Ltd. |
| JiangsuKonkaSpecialMaterial | JiangsuKonkaSpecialMaterialTechnologyCo.,Ltd. |
| XinfengMicrocrystalline | JiangxiXinfengMicrocrystallineJadeCo.,Ltd. |
| KonkaHuanjia | KonkaHuanjiaEnvironmentalTechnologyCo.,Ltd. |
| KonkaHuanjia(Henan) | KonkaHuanjia(Henan)EnvironmentalTechnologyCo.,Ltd. |
| ShaanxiKonkaIntelligent | ShaanxiKonkaIntelligentApplianceCo.,Ltd. |
| PengrunTechnology | ShenzhenKonkaPengrunTechnology&IndustryCo.,Ltd. |
| JiaxinTechnology | JiaxinTechnologyCo.,Ltd. |
| KonkaRonghe | KonkaRongheIndustrialTechnology(Zhejiang)Co.,Ltd. |
| ChongqingKangxingrui | ChongqingKangxingruiEnvironmentalTechnologyCo.,Ltd. |
| ChongqingKangxingruiAutomobileRecycling | ChongqingKangxingruiScrapedAutomobileRecyclingCo.,Ltd. |
| KonkaUnifortune | ShenzhenKonkaUnifortuneTechnologyCo.,Ltd. |
| JialiInternational | JialiInternational(HongKong)Limited |
| Kangjiatong | SichuanKangjiatongTechnologyCo.,Ltd. |
| Kanghong(Yantai)Environmental | Kanghong(Yantai)EnvironmentalTechnologyCo.,Ltd. |
| Jiangkang(Shanghai)Technology | Jiangkang(Shanghai)TechnologyCo.,Ltd. |
| KonkaIntelligentManufacturing | ShenzhenKonkaIntelligentManufacturingTechnologyCo.,Ltd. |
| KonkaMaterial | HainanKonkaMaterialTechnologyCo.,Ltd. |
| KonkaVentures | KonkaVenturesDevelopment(Shenzhen)Co.,Ltd. |
| YibinKonkaIncubator | YibinKonkaIncubatorManagementCo.,Ltd. |
| YantaiKonka | YantaiKonkaHealthcareEnterpriseServiceCo.,Ltd. |
| ChengduAnren | ChengduAnrenKonkaCulturalandCreativeIncubatorManagementCo.,Ltd. |
| KonkaEnterpriseService | GuiyangKonkaEnterpriseServiceCo.,Ltd. |
| KonkaEco-Development | ShenzhenKonkaEco-DevelopmentInvestmentCo.,Ltd. |
| KonkaEurope | Konka(Europe)Co.,Ltd. |
| HongKongKonka | HongKongKonkaLimited |
| HongdinTrading | HongdinInternationalTradingLimited |
| KonkaNorthAmerica | KonkaNorthAmericaLLC |
| KanghaoTechnology | KanghaoTechnologyCo.,Ltd. |
| HongdinInvest | HongdinInvestDevelopmentLimited |
| ChainKingdomMemoryTechnologies | ChainKingdomMemoryTechnologiesCo.,Limited |
ChainKingdomMemoryTechnologies(Shenzhen)
| ChainKingdomMemoryTechnologies(Shenzhen) | ChainKingdomMemoryTechnologies(Shenzhen)Co.,Limited |
| Hongjet | Hongjet(HongKong)CompanyLimited |
| ChongqingXinyuanSemiconductor | ChongqingXinyuanSemiconductorCo.,Ltd. |
| AnluKonka | AnluKonkaIndustrialOperationServiceCo.,Ltd. |
| KanghongDongsheng | ShenzhenKanghongDongshengInvestmentPartnership(LimitedPartnership) |
| GuizhouKonkaNewMaterialTechnology | GuizhouKonkaNewMaterialTechnologyCo.,Ltd. |
| GuizhouKangguiEnergy | GuizhouKangguiEnergyCo.,Ltd. |
| GuangdongXinwei | GuangdongXinweiSemiconductorCo.,Ltd. |
| KangxinrunRenewableResources | ChongqingKangxingruiRenewableResourcesCo.,Ltd. |
| GuizhouKangguiMaterialTechnology | GuizhouKangguiMaterialTechnologyCo.,Ltd. |
| NantongKanghai | NantongKanghaiTechnologyIndustryDevelopmentCo.,Ltd. |
| ChongqingKangyiyun | ChongqingKangyiyunBusinessOperationManagementCo.,Ltd. |
| JiangxiKonkaHigh-techPark | JiangxiKonkaHigh-techParkOperationandManagementCo.,Ltd. |
| ShangraoKonkaElectronicTechnologyInnovation | ShangraoKonkaElectronicTechnologyInnovationCo.,Ltd. |
| GuizhouKonkaNewEnergy | GuizhouKonkaNewEnergyMaterialTechnologyCo.,Ltd. |
| ZhejiangKonkaElectronic | ZhejiangKonkaElectronicTechnologyCo.,Ltd. |
| ZhejiangKonkaTechnologyIndustry | ZhejiangKonkaTechnologyIndustryDevelopmentCo.,Ltd. |
| SichuanHongxinchen | SichuanHongxinchenRealEstateDevelopmentCo.,Ltd. |
| Xi'anKonkaIntelligent | Xi'anKonkaIntelligentApplianceCo.,Ltd. |
| Xi'anKonkaNetwork | Xi'anKonkaNetworkTechnologyCo.,Ltd. |
| Xi'anKanghongTechnologyIndustry | Xi'anKanghongTechnologyIndustryDevelopmentCo.,Ltd. |
| Xi'anKonkaIntelligentTechnology | Xi'anKonkaIntelligentTechnologyDevelopmentCo.,Ltd. |
| ChongqingFangbingRealEstate | ChongqingFangbingRealEstateCo.,Ltd. |
| ChongqingKonkaLowCarbon | ChongqingKonkaLowCarbonTechnologyCo.,Ltd. |
| KanghongXintong | ShenzhenKanghongXintongInvestmentPartnership(LimitedPartnership) |
| SongyangIndustryOperation | SongyangKonkaSmartIndustryOperationManagementCo.,Ltd. |
| KangyanTechnology | ShenzhenKangyanTechnologyCo.,Ltd. |
| KonkaPhotovoltaicTechnology | KonkaPhotovoltaicTechnologyCo.,Ltd. |
| SongyangKonkaIntelligent | SongyangKonkaIntelligentTechnologyDevelopmentCo.,Ltd. |
| KonkaNorthChina | KonkaNorthChina(Tianjin)TechnologyCo.,Ltd. |
| ZhongshanKanghong | ZhongshanKanghongElectronicTechnologyCo.,Ltd. |
DigitalTechnology
| DigitalTechnology | ShenzhenKonkaDigitalTechnologyDevelopmentCo.,Ltd. |
| CSRC | TheChinaSecuritiesRegulatoryCommission |
| SZSE | TheShenzhenStockExchange |
| CSRCShenzhen | TheShenzhenBureauoftheChinaSecuritiesRegulatoryCommission |
| RMB,RMB’0,000,RMB’00,000,000 | ExpressedintheChinesecurrencyofRMB,expressedintensofthousandsofRMB,expressedinhundredsofmillionsofRMB |
PartIICorporateInformationandKeyFinancialInformationICorporateInformation
Stockname
| Stockname | KonkaGroup-A,KonkaGroup-B | Stockcode | 000016,200016 |
| Changedstockname(ifany) | N/A | ||
| Stockexchangeforstocklisting | ShenzhenStockExchange | ||
| CompanynameinChinese | 康佳集团股份有限公司 | ||
| Abbr.(ifany) | 康佳集团 | ||
| CompanynameinEnglish(ifany) | KONKAGROUPCO.,LTD | ||
| Abbr.(ifany) | KONKAGROUP | ||
| Legalrepresentative | ZhouBin | ||
IIContactInformation
| BoardSecretary | SecuritiesRepresentative | |
| Name | WuYongjun | MiaoLeiqiang |
| Address | BoardSecretariat,24/F,KonkaR&DCenter,28KejiSouthTwelfthRoad,ScienceandTechnologyPark,YuehaiStreet,NanshanDistrict,Shenzhen,GuangdongProvince,China | BoardSecretariat,24/F,KonkaR&DCenter,28KejiSouthTwelfthRoad,ScienceandTechnologyPark,YuehaiStreet,NanshanDistrict,Shenzhen,GuangdongProvince,China |
| Tel. | 0755-26609138 | 0755-26609138 |
| Fax | 0755-26601139 | 0755-26601139 |
| Emailaddress | szkonka@konka.com | szkonka@konka.com |
IIIOtherInformation
1.ContactInformationoftheCompanyIndicatebytickmarkwhetheranychangeoccurredtotheregisteredaddress,officeaddressandtheirzipcodes,websiteaddress,emailaddressandothercontactinformationoftheCompanyintheReportingPeriod.
□Applicable√NotapplicableNochangeoccurredtothesaidinformationintheReportingPeriod,whichcanbefoundinthe2022AnnualReport.
2.MediaforInformationDisclosureandPlacewherethisReportisLodgedIndicatebytickmarkwhetheranychangeoccurredtotheinformationdisclosuremediaandtheplaceforlodgingtheCompany’speriodicreportsintheReportingPeriod.
□Applicable√NotapplicableThewebsiteofthestockexchange,themediaandotherwebsiteswheretheCompany’speriodicreportsaredisclosed,aswellastheplaceforlodgingsuchreportsdidnotchangeintheReportingPeriod.Thesaidinformationcanbefoundinthe2022AnnualReport.
3.OtherInformationIndicatebytickmarkwhetheranychangeoccurredtootherinformationintheReportingPeriod.
□Applicable√NotapplicableIVKeyFinancialInformationIndicatebytickmarkwhetherthereisanyretrospectivelyrestateddatuminthetablebelow.
√Yes□NoReasonforretrospectiverestatement:
Changetoaccountingpolicies
H12023
| H12023 | H12022 | Change(%) | ||
| Before | Restated | Restated | ||
| Operatingrevenue(RMB) | 10,472,061,171.94 | 16,895,470,276.81 | 16,895,470,276.81 | -38.02% |
| Netprofitattributabletothelistedcompany’sshareholders(RMB) | -193,240,232.33 | 172,818,438.83 | 173,266,442.52 | -211.53% |
| Netprofitattributabletothelistedcompany’sshareholdersbeforeexceptionalgainsandlosses(RMB) | -891,594,370.41 | -742,356,181.71 | -741,908,178.02 | -20.18% |
| Netcashgeneratedfrom/usedinoperatingactivities(RMB) | -201,550,105.24 | -421,259,506.73 | -421,259,506.73 | 52.16% |
| Basicearningspershare(RMB/share) | -0.0803 | 0.0718 | 0.0720 | -211.53% |
| Dilutedearningspershare(RMB/share) | -0.0803 | 0.0718 | 0.0720 | -211.53% |
| Weightedaveragereturnonequity(%) | -2.55% | 1.87% | 1.87% | -4.42% |
| 30June2023 | 31December2022 | Change(%) | ||
| Before | Restated | Restated | ||
| Totalassets(RMB) | 38,925,419,822.05 | 38,016,368,073.05 | 38,027,575,163.66 | 2.36% |
| Equityattributabletothelistedcompany’sshareholders(RMB) | 7,522,168,237.68 | 764,039,9721.99 | 7,641,975,956.16 | -1.57% |
Reasonforchangetoaccountingpoliciesandcorrectionofaccountingerrors:
On30November2022,theMinistryofFinanceissuedInterpretationNo.16fortheAccounting
StandardsforBusinessEnterprises,whichstipulatesthe“accountingtreatmentsfordeferredincometaxesassociatedwithassetsandliabilitiesarisingfromasingletransactiontowhichtheinitialrecognitionexemptiondoesnotapply”,effectivefortheCompanyasof1January2023.Forleaseliabilitiesandright-of-useassetsrecognisedatthebeginningoftheearliestperiodoffinancialstatementpresentationinwhichtheprovisionisfirstimplementedthatgiverisetotaxabletemporarydifferencesanddeductibletemporarydifferencesasaresultofasingletransactiontowhichtheprovisionapplies,theCompanyhasadjustedthecumulativeeffecttoretainedearningsatthebeginningoftheearliestperiodoffinancialstatementpresentationandotherrelevantfinancialstatementitemsinaccordancewiththesaidprovisionandAccountingStandardNo.18forBusinessEnterprises—IncomeTax.VAccountingDataDifferencesunderChina’sAccountingStandardsforBusinessEnterprises(CAS)andInternationalFinancialReportingStandards(IFRS)andForeignAccountingStandards
1.NetProfitandEquityunderCASandIFRS
□Applicable√NotapplicableNosuchdifferencesfortheReportingPeriod.
2.NetProfitandEquityDifferencesunderCASandForeignAccountingStandards
□Applicable√NotapplicableNosuchdifferencesfortheReportingPeriod.VIExceptionalGainsandLosses
√Applicable□Notapplicable
Unit:RMB
Item
| Item | Amount | Note |
| Gainorlossondisposalofnon-currentassets(inclusiveofimpairmentallowancewrite-offs) | 234,443,700.65 | |
| Governmentsubsidiesthroughprofitorloss(exclusiveofgovernmentsubsidiesconsistentlygivenintheCompany’sordinarycourseofbusinessatfixedquotasoramountsaspergovernmentalpoliciesorstandards) | 143,191,046.27 | |
| Gainorlossonfair-valuechangesinheld-for-tradingfinancialassetsandliabilities&incomefromdisposalofheld-for-tradingfinancialassetsandliabilitiesandavailable-for-salefinancialassets(exclusiveoftheeffectiveportionofhedgesthatariseintheCompany’sordinarycourseofbusiness) | -95,971,002.08 | |
| Gainorlossonloanentrustments | 62,144,007.08 | |
| Non-operatingincomeandexpenseotherthantheabove | 5,709,807.68 | |
| Othergainsandlossesthatmeetthedefinitionofexceptionalgain/loss | 584,664,150.75 | |
| Less:Incometaxeffects | 226,223,116.92 | |
| Non-controllinginterestseffects(netoftax) | 9,604,455.35 |
Total
| Total | 698,354,138.08 |
Particularsaboutothergainsandlossesthatmeetthedefinitionofexceptionalgain/loss:
√Applicable□Notapplicable
| Item | Amountinvolved(RMB) | Reason |
| ShareholdinginChutianDragonCo.,Ltd. | 584,164,150.75 | AstheCompanyreducedpartofitsshareholdinginChutianDragonCo.,Ltd.,themeasurementofitsinvestmentinChutianDragonCo.,Ltd.wasadjustedinthecurrentperiodfromalong-termequityinvestment(undertheequitymethod)toaheld-for-tradingfinancialasset,whichincurredanexceptionalgain. |
ExplanationofwhytheCompanyreclassifiesasrecurrentanexceptionalgain/lossitemlistedintheExplanatoryAnnouncementNo.1onInformationDisclosureforCompaniesOfferingTheirSecuritiestothePublic—ExceptionalGain/LossItems:
√Applicable□Notapplicable
| Item | Amountinvolved(RMB) | Reason |
| Taxrebatesonsoftware | 3,434,829.42 | GovernmentsubsidiesgivenintheCompany’sordinarycourseofbusinessatfixedquotasoramountsaspergovernment’suniformstandards |
PartIIIManagementDiscussionandAnalysis
IPrincipalActivityoftheCompanyintheReportingPeriodAtpresent,theprincipaloperationsoftheCompanyincludeconsumerelectronics,semiconductors,materialtechnology,industrytrade,etc.Amongthem,fortheindustrytradebusiness,theCompanyconductsprocurement,processinganddistributionofmaterialsattheupstreamanddownstreamendsoftheconsumerelectronicsandsemiconductorbusinesses.Thus,thisbusinesscanfallintotheconsumerelectronicsindustryorthesemiconductorindustry.Assuch,theindustriesinwhichtheCompanyoperatedduringtheReportingPeriodaretheconsumerelectronicsindustry,thesemiconductorindustryandthematerialtechnologyindustry.Relevantinformationisprovidedasfollows:
(I)TheconsumerelectronicsbusinessThisdivisionprimarilycomprisesthemultimediasub-divisionandthewhitegoodssub-division,withdetailsasfollows:
1.ThemultimediabusinessTheCompany'smultimediabusinessfacestheglobalmarket,mainlyincludingdomesticcolorTVbusinessandexportcolorTVbusiness.ThedomesticsalesoftheCompany’scolourTVsarerealizedmainlythroughB2B(Business-to-Business)andB2C(Business-to-Consumer),withitsbranchcompanies,businessdepartmentsandafter-salesmaintenancepointsoperatingacrossthecountry.AndtheCompanyprofitsfromthemarginsbetweenthecostsandthesellingpricesofitscolourTVs.AsforsellingitscolourTVsabroad,theCompanymainlyreliesonB2B.ItscolourTVsaresoldtoAsiaPacific,MiddleEast,Central&SouthAmerica,EastEurope,etc.AndoperatingprofitsourceisalsothedifferencesbetweenthecostsandthesellingpricesofitscolourTVs.Inthefirsthalfof2023,affectedbyfactorssuchasincreasinglyfiercemarketcompetition,andsluggishscalegrowth,thegrossprofitlevelofthecolourTVindustrycontinuedtobediluted.AccordingtostatisticsfromAllViewCloud(AVCforshort),theomni-channelretailsalesvolumeinChina'scolourTVmarketwas14.61millionunitsinthefirsthalfof2023,decliningby
12.2%year-on-year,andtheretailsalesvaluewasRMB48.7billion,decreasingby8.5%year-on-year.Withtheintelligentupgradeofelectronicproductsanditerativeupdateofdisplaytechnologies,thecolourTVindustryisexpectedtoenterthestageofupgradeguidedbyscienceandtechnology,andthemarketscaleoftheindustryisexpectedtogrow.
2.ThewhitegoodsbusinessThewhitegoodsproducedbytheCompanymainlyincluderefrigerators,washingmachines,airconditioners,freezers,etc.Inthedomesticmarket,theseproductsaresoldthroughB2BandB2C
models.AndtheCompanyprofitsfromthemarginsbetweenthecostsandthesellingpricesofitswhitegoods.TheCompanystrengthenedthefoundationofourwhitegoodsbrandsthroughtheacquisitionoftheFrestecbrand.Meanwhile,theestablishmentoftheNingboA/CproductionbaseasajointventurehashelpedtheCompanybuilditsownA/Cmanufacturingcapability.Theweaknessinthefront-loadingwashingmachinetechnologyhasbeenovercomebytheacquisitionofBeko(Front-loadingWashingMachine)ChinaFactory.Inaddition,theCompanywentonanewpathofexploringthedishwasherworldbysettingupXi’anSmartAppliancesPark.TheCompanyalsooptimizedtheinternalR&D,production,procurement,sales,andservicesprocesses,integratedtheexternalchannelresourcestoenablechannelsharingbetweentheupstreamprocurementprocessesanddownstreamsalesprocesses,andimprovedtheproductsalesstructureandcompetitivenessofthewhitegoodsbusiness.Intheoverseasmarket,thewhitegoodsaresoldmainlythroughaB2Bmodel,coveringEurope,Asia-Pacific,MiddleEast,Africa,LatinAmerica,etc.AndtheCompanyprofitsfromthemarginsbetweenthecostsandthesellingpricesoftheseproducts.Intermsoftheair-conditioningindustry,statisticsfromAVCshowthattheomni-channelretailsalesvolumeofChina'sair-conditioningmarketwas37.27millionunitsinthefirsthalfof2023,increasingby18.8%year-on-year,andtheretailsalesvaluewasRMB130.2billion,increasingby
19.5%year-on-year.Withtheindustrialupgradedrivenbyrelevantpoliciesandtherecoveryofconsumerdemandfortrade-in,theair-conditioningindustryisexpectedtomaintainasteadygrowthtrendinthefuture.Intermsoftherefrigeratorindustry,statisticsfromAVCshowthattheomni-channelretailsalesvolumeofChina'srefrigeratormarketwas14.69millionunitsinthefirsthalfof2023,decreasingby2.6%year-on-year,andtheretailsalesvaluewasRMB47.9billion,increasingby5.2%year-on-year.Aspeoplebecomeincreasinglyconcernedabouthealthandfoodpreservation,andtheupgradetrendoflifequalityiscontinuouslyadvanced,steadydevelopmentandproductupgradewillbecomethemaincharacteristicsoftherefrigeratormarketinthefuture,andhealthfunction,aestheticappearanceanddifferentiateddoorbodywillbecomethenewpremiumdirectionofrefrigeratorproducts.Intermsofthewashingmachineindustry,statisticsfromAVCshowthattheomni-channelretailsalesvolumeofChina'swashingmachinemarketwas15.05millionunitsinthefirsthalfof2023,decreasingby4.6%year-on-year,andtheretailsalesvaluewasRMB47.9billion,increasingby5.2%year-on-year.Thedownturnintheofflinemarketaffectedtheoverallmarketperformanceofthewashingmachineindustry.However,withtheriseofnewmediachannelsandtheimprovementofenterprisecostpressure,thehigh-endtrendofthewashingmachinemarketremainedunchanged,andthemarketisexpectedtomaintainastabledevelopmenttrendinthefuture.(II)ThesemiconductorbusinessCurrently,theCompanyisengagedinstorage,optoelectronics,etc.withrespecttothesemi-
conductorbusiness.Instorage,theCompanyprimarilyengagesinpackaging,testingandmarketingofstorageproducts.Inoptoelectronics,theCompanyprimarilydevelops,producesandmarketsMicroLED-relatedproducts.Thesemiconductorindustryisastrategic,fundamentalandleadingindustrythatsupportseconomicandsocialdevelopmentandsafeguardsnationalsecurity.Amongthem,semiconductorstorageisthelargestsubdivisioninthesemiconductorindustryinrecentyears.Atpresent,SouthKoreancompaniesrepresentedbySamsungandHynixareintheleadingpositioninthefieldofsemiconductorstorage.Chinahasalsoacceleratedinboostingtheproductioncapacityofsemiconductorstorageinrecentyears.Itisexpectedthattheself-sufficiencyratewillcontinuetoincrease.MicroLEDistheprevailingtrendanddevelopmentdirectionoffuturedisplaytechnology.Theindustrialchainisdividedintofourmainlinks:upstreamchipmanufacturingandmasstransfer,midstreampanelmanufacturing,anddownstreamcompletemachineapplication.TheMicroLEDhaswideindustrialapplicationandabroadmarket.(III)ThematerialtechnologybusinessCurrently,thisbusinessfocusesoncollecting,sorting,processing,distributingandmarketingrenewableresources.Withtheintroductionofaseriesoffavorablepoliciestoencouragetherecyclingandutilizationofrenewableresourcesandthecontinuousenhancementofenvironmentalprotectionsupervision,thedevelopmentscaleofthedomesticrenewableresourcerecyclingindustrywillgrowsteadily.(IV)TheindustrytradebusinessTheCompany'sindustrytradebusinessmainlyfocusesontheprocurement,processinganddistributionofICchipstorage,LCDandothermaterialsinvolvedinitsconsumerelectronicsandsemiconductorbusinesses.Theoperatingprofitcomesfromtheprocessingfeeandthepricedifferencebetweenupstreamprocurementanddownstreamsales.TheindustrytradebusinesscanhelptheCompanyestablishgoodrelationshipswithitsupstreamsuppliersanddownstreamcustomers,andkeepitinformedofpricesofthematerialsusedinitsproductionforbettercostcontroloveritsexistingproducts.Additionally,itisabletofacilitatethedevelopmentofthesemiconductorbusinessbyhelpingaccumulatecustomerresourcesforthesemiconductorandchipbusiness,providesaleschannels,andachieveaccuratematchingofmarketdemand,withashortenedproductdevelopmentperiodandalowerriskofmismatchingofR&Dandmarketdemand.IICoreCompetitivenessAnalysisTheCompany’scorecompetitivenessliesinitsmanufacturingability,R&Dability,brand,marketingnetworkandhumanresources.Intermsofmanufacturingability,theCompanyhas
carriedoutintelligentupgradingofmanufacturingbasesinAnhui,Dongguan,Suining,Xinxiang,etc.,ofwhichtheAnhuiKonkaplanthasbeenawardedthetitleof"NationalIntelligentManufacturingDemonstrationFactory",withanadvancedintelligentmanufacturinglevelintheindustry.Ithasdevelopedathree-tierR&Dsystemof“Researchinstitute+keylabs+productdevelopmentcenters”,establishedartificialintelligenceinternetofthingscomprehensivelaboratoryand5GUltraHDlaboratorywithmajoruniversitiesorscientificresearchinstitutions,establishedacademicianworkstation,andbuiltatechnologyresearchalliancematchingtheindustriallayout,withnearly100coretechnologiesandabout1,500R&Dtalents.TheCompanyhasintroducedaround100expertsonthemicroLEDproject.Intermsofbrand,theCompanycontinuestopromotebrandstrategyconstruction,systemconstruction,imageconstructionandculturalconstruction,focusesonimprovingthescientificandinternationalimageoftheenterprise,strengthensthebrandstatus,hasacertainbrandawarenessandreputationintheconsumergroup,andhasgoodbrandcreditinbanksandotherfinancingchannels.Intermsofmarketingchannels,theCompanyinnovateschannelreform,cooperatesonlineandofflineforwin-winresults,andstrivesfordevelopmentathomeandabroad.Regardingofflinechannels,theCompanyhas33branches,morethan100offices,andmorethan3,000after-salesserviceshopsacrossChina,andthemarketingandservicenetworkisalloverthecountry;asforonlinechannels,theCompanyhassettledinTmall,JD,Suning,VIPshop,Pinduoduoandothermainstreame-commerceplatformstoinnovateanddeveloplivee-commercebusiness,andseekanewgrowthpoleforbusinessdevelopment;overseaschannel,thecompanyTheCompany'sbusinesscoversLatinAmerica,Europe,AsiaPacificandothercountriesandregions,withasoundmarketingnetwork.Intermsofhumanresources,theCompanyboastsaleadershipteamofmanyyearsofmanagementandindustryexperience,aswellasahighqualityexecutionteam.IIIAnalysisofMainBusinesses(I)OverviewDuringtheReportingPeriod,theCompanyfocusedonthecorebusinessesof"ConsumerElectronics+Semiconductor",adheredtoprofessionalplatform-basedoperation,implementedleanmanagement,advocatedlong-termvalueandworkedtoimproveitsfinancialresults.Also,effortsweremadetostrengthencompetitivenessinthemarketandacceleratethetransformationfrom"KonkaElectronics"to"KonkaTechnology".TheCompany,duringtheReportingPeriod,promotedbusinessrestructuringbyoptimisingpartofnon-corebusinesswhichfailedtocoordinatewiththemainbusinessandhadlowgrossmargin.Thescaleoftheindustrytradebusinessdroppedsignificantlyyear-on-year,resultinginacertaindecreaseoftheCompany'soperatingrevenue.Affectedbythefollowingfactors,theCompanyrecordedanetlossattributabletoitsshareholdersinthefirsthalfof2023:
1.ThegrossmarginofthecolourTVbusinessdeclinedyear-on-year,duetoshrunkenindustryscale,increasedcostofthesupplychain,theproductsalesstructureintheadjustmentphase.
(1)ThedomesticscaleofthecolourTVindustrykeptdecreasing.TherecoveryofthedomesticscaleofthecolourTVindustryinthefirsthalfof2023didnotmeetexpectations.Duetothedecreasedmarketscale,boththerevenueandtotalgrossmarginoftheCompany'scolourTVbusinessinChinafellyear-on-yearinthefirsthalfof2023.
(2)TheincreasedcostoftheupstreamsupplychainledtoadecreaseintheCompany'sgrossmargininthecolourTVOEMbusiness:Thefirsthalfof2023witnessedanincreaseintheincomescaleoftheCompany'scolourTVOEMbusiness.Nevertheless,theordersdeliveredintheperiodsufferedfromdecreasedgrossmargin,duetotheincreasedcostoftheupstreamsupplychain,whichresultedinadecreaseinthetotalgrossmarginoftheCompany'sOEMbusiness.
(3)TheproductsalesstructureofcolourTVsisintheadjustmentphase.Inordertokeepupwithmarketdemands,forthecolourTVbusiness,theCompanyisgraduallyadjustingitsproductplanningandsalesstrategiestowardhighlyfrequentdemands,suchasbigscreens,highfreshrates,andnewdisplaytechnologies.(Bigscreensarebiggerthan65inches(inclusive).Highfreshratesexceed120Hz(inclusive).ExamplesofnewdisplaytechnologiesareMicroLEDsandMiniLEDs.)Evenso,thesalesscaleandtotalgrossmarginofthecolourTVbusinesswereinfluenced,asnewcolourTVproductswereintheintroductionphaseandmarketingstrategieswereintheadjustmentphaseinthefirsthalfof2023.
2.TheCompany'ssemiconductorbusinesswasstillattheinitialphaseofindustrialisationduringtheReportingPeriod.Inotherwords,theoutputdidnotmeettherequirementsinscaleandbenefits,whichaffectedtheCompany'soveralloperatingprofit.
3.IncomewasgainedfromtheCompany'sprojectsintheindustrialparksinShangraoCity,JiangxiProvince,ShaoxingCity,ZhejiangProvince,andYibinCity,SichuanProvinceinthefirsthalfof2023.TheCompanyreduceditsbusinessinindustrialparksinthisperiod,incombinationofitsdevelopmentstrategiesandthemacro-economicenvironment.Therefore,therelevantincomedecreasedyear-on-year.(II)Year-on-yearchangesinkeyfinancialdata:
Unit:RMB
H12023
| H12023 | H12022 | Change(%) | Mainreasonforchange | |
| Operatingrevenue | 10,472,061,171.94 | 16,895,470,276.81 | -38.02% | ConsiderablydecreasedsizeoftheindustrytradebusinessintheReportingPeriod |
| Costofsales | 10,079,343,784.11 | 16,482,440,621.84 | -38.85% | |
| Sellingexpense | 558,536,665.53 | 560,225,684.28 | -0.30% | |
| Administrativeexpense | 390,244,567.77 | 354,308,684.51 | 10.14% | |
| Financecosts | 199,075,624.50 | 267,115,327.58 | -25.47% | |
| Incometax | -16,710,667.58 | -89,346,442.11 | 81.30% | Increaseddeferredincometax |
expense
| expense | expenseintheReportingPeriod | |||
| R&Dinvestments | 237,033,893.11 | 241,660,483.14 | -1.91% | |
| Netcashgeneratedfrom/usedinoperatingactivities | -201,550,105.24 | -421,259,506.73 | 52.16% | DecreasedcashpaymentsforgoodsintheReportingPeriod |
| Netcashgeneratedfrom/usedininvestingactivities | 433,888,761.35 | 114,321,239.48 | 279.53% | Decreasedcashpaymentsfortheconstructionandacquisitionoffixedassets,intangibleassetsandotherlong-termassetsintheReportingPeriod |
| Netcashgeneratedfrom/usedinfinancingactivities | 291,683,622.46 | 212,673,169.75 | 37.15% | Decreasedpaymentsfordividends,profitorinterestintheReportingPeriod |
| Netincreaseincashandcashequivalents | 568,156,645.67 | -64,827,416.56 | 976.41% | IncreasednetcashflowsfromoperatingandinvestingactivitiesintheReportingPeriod |
| Returnoninvestment | 826,829,010.88 | 737,803,536.05 | 12.07% |
MaterialchangestotheprofitstructureorsourcesoftheCompanyintheReportingPeriod:
□Applicable√NotapplicableNosuchchanges.(III)Breakdownofoperatingrevenue:
Unit:RMB
| H12023 | H12022 | Change(%) | |||
| Operatingrevenue | As%oftotaloperatingrevenue(%) | Operatingrevenue | As%oftotaloperatingrevenue(%) | ||
| Total | 10,472,061,171.94 | 100% | 16,895,470,276.81 | 100% | -38.02% |
| Byoperatingdivision | |||||
| Consumerelectronics | 4,839,485,602.27 | 46.21% | 5,246,599,004.00 | 31.06% | -7.76% |
| Industrytrade | 4,350,074,427.45 | 41.54% | 10,171,407,159.62 | 60.20% | -57.23% |
| Materialtechnology | 793,973,411.72 | 7.58% | 774,458,509.72 | 4.58% | 2.52% |
| Semiconductor | 5,850,208.69 | 0.06% | 50,916,083.90 | 0.30% | -88.51% |
| Other | 482,677,521.81 | 4.61% | 652,089,519.57 | 3.86% | -25.98% |
| Byproductcategory | |||||
| ColorTVs | 1,919,054,194.60 | 18.33% | 2,389,828,778.20 | 14.15% | -19.70% |
| Whitegoods | 2,285,781,923.95 | 21.83% | 1,900,207,771.57 | 11.25% | 20.29% |
| Industrytrade | 4,350,074,427.45 | 41.54% | 10,171,407,159.62 | 60.20% | -57.23% |
| Materialtechnology | 793,973,411.72 | 7.58% | 774,458,509.72 | 4.58% | 2.52% |
Semiconductor
| Semiconductor | 5,850,208.69 | 0.06% | 50,916,083.90 | 0.30% | -88.51% |
| PCB | 245,209,214.94 | 2.34% | 291,397,810.91 | 1.72% | -15.85% |
| Other | 872,117,790.59 | 8.32% | 1,317,254,162.89 | 7.80% | -33.79% |
| Byoperatingsegment | |||||
| Overseas | 3,900,990,088.37 | 37.25% | 7,238,742,630.40 | 42.84% | -46.11% |
| Domestic | 6,571,071,083.57 | 62.75% | 9,656,727,646.41 | 57.16% | -31.95% |
Operatingdivision,productcategoryoroperatingsegmentcontributingover10%ofoperatingrevenueoroperatingprofit:
√Applicable□Notapplicable
Unit:RMB
| Operatingrevenue | Costofsales | Grossprofitmargin | YoYchangeinoperatingrevenue(%) | YoYchangeincostofsales(%) | YoYchangeingrossprofitmargin(%) | |
| Byoperatingdivision | ||||||
| Consumerelectronics | 4,839,485,602.27 | 4,559,163,199.50 | 5.79% | -7.76% | -10.44% | 2.82% |
| Industrytrade | 4,350,074,427.45 | 4,306,025,179.35 | 1.01% | -57.23% | -57.45% | 0.51% |
| Byproductcategory | ||||||
| ColorTVs | 1,919,054,194.60 | 1,950,631,109.94 | -1.65% | -19.70% | -19.35% | -0.44% |
| Whitegoods | 2,285,781,923.95 | 2,020,436,028.43 | 11.61% | 20.29% | 18.04% | 1.69% |
| Industrytrade | 4,350,074,427.45 | 4,306,025,179.35 | 1.01% | -57.23% | -57.45% | 0.51% |
| Byoperatingsegment | ||||||
| Domestic | 6,571,071,083.57 | 6,259,263,269.06 | 4.75% | -31.95% | -32.77% | 1.17% |
| Overseas | 3,900,990,088.37 | 3,820,080,515.05 | 2.07% | -46.11% | -46.73% | 1.14% |
CorebusinessdataoftheprioryearrestatedaccordingtothechangedstatisticalcaliberfortheReportingPeriod:
□Applicable√NotapplicableIVAnalysisofNon-CoreBusinesses
√Applicable□Notapplicable
Unit:RMB
| Amount | As%oftotalprofit | Source/Reason | Recurrentornot | |
| Returnoninvestment | 826,829,010.88 | -239.56% | Changeinaccountingmethodforinvesteesinthecurrentperiod | Notrecurrent |
| Gain/lossonchangesinfairvalue | -132,580,077.43 | 38.41% | Changeinaccountingmethodforinvesteesinthecurrentperiod | Notrecurrent |
| Assetimpairments | -155,476,176.12 | 45.05% | Impairmentlossesonreceivablesandinventories | Notrecurrent |
| Non-operatingincome | 17,325,617.18 | -5.02% | Mainlyforthecompany'sdailybusinessactivitiesarenot | Notrecurrent |
directlyrelatedtotheincreaseinprofits
| directlyrelatedtotheincreaseinprofits | ||||
| Non-operatingexpense | 4,326,608.02 | -1.25% | Notrecurrent |
VAnalysisofAssetsandLiabilities
1.MaterialChangesinAssetComposition
Unit:RMB
| 30June2023 | 31December2022 | Changeinpercentage(%) | Reasonformaterialchange | |||
| Amount | As%oftotalassets | Amount | As%oftotalassets | |||
| Monetaryassets | 6,908,338,806.16 | 17.75% | 5,988,095,490.71 | 15.75% | 2.00% | |
| Accountsreceivable | 2,087,994,555.53 | 5.36% | 2,036,734,836.22 | 5.36% | 0.00% | |
| Contractassets | 432,779.46 | 0.00% | 0.00 | 0.00% | 0.00% | |
| Inventories | 4,658,743,334.04 | 11.97% | 4,409,767,756.22 | 11.60% | 0.37% | |
| Investmentproperty | 1,412,201,694.76 | 3.63% | 802,407,844.60 | 2.11% | 1.52% | |
| Long-termequityinvestments | 5,888,122,429.28 | 15.13% | 6,351,232,955.58 | 16.70% | -1.57% | |
| Fixedassets | 4,021,128,223.39 | 10.33% | 4,114,029,693.38 | 10.82% | -0.49% | |
| Constructioninprogress | 1,496,059,340.20 | 3.84% | 1,990,361,377.07 | 5.23% | -1.39% | |
| Right-of-useassets | 33,487,798.25 | 0.09% | 50,019,838.68 | 0.13% | -0.04% | |
| Short-termborrowings | 6,779,845,746.13 | 17.42% | 7,579,559,304.97 | 19.93% | -2.51% | |
| Contractliabilities | 698,842,722.45 | 1.80% | 601,044,358.35 | 1.58% | 0.22% | |
| Long-termborrowings | 7,173,408,500.74 | 18.43% | 8,906,931,402.89 | 23.42% | -4.99% | |
| Leaseliabilities | 31,184,490.59 | 0.08% | 36,586,639.16 | 0.10% | -0.02% | |
2.MajorAssetsOverseas
□Applicable√Notapplicable
3.AssetsandLiabilitiesatFairValue
√Applicable□Notapplicable
Unit:RMB
| Item | Beginningamount | Gain/lossonfair-value | Cumulative | Impairment | PurchasedintheReportingPeriod | SoldintheReporting | Otherchange | Endingamount |
changesinthe
ReportingPeriod
| changesintheReportingPeriod | fair-valuechangeschargedtoequity | allowancefortheReportingPeriod | Period | s | ||||
| Financialassets | ||||||||
| 1.Tradingfinancialassets(derivativefinancialassetsexcluded) | -199,310,420.92 | 974,897,430.42 | 32,279,520.00 | 743,307,489.50 | ||||
| 4.Investmentsinotherequityinstruments | 23,841,337.16 | 23,841,337.16 | ||||||
| Subtotaloffinancialassets | 23,841,337.16 | -199,310,420.92 | 974,897,430.42 | 32,279,520.00 | 767,148,826.66 | |||
| Other | 2,876,849,501.76 | -10,129,725.67 | 344,155,903.39 | 753,149,202.07 | 2,457,726,477.41 | |||
| Totaloftheabove | 2,924,532,176.08 | -408,750,567.51 | 2,293,950,764.23 | 817,708,242.07 | 3,992,024,130.73 | |||
| Financialliabilities | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Otherchanges
Unit:RMB
| Item | Beginningamount | Gain/lossonfair-valuechangesintheReportingPeriod | Cumulativefair-valuechangeschargedtoequity | ImpairmentallowancefortheReportingPeriod | PurchasedintheReportingPeriod | SoldintheReportingPeriod | Otherchanges | Endingamount |
| Othernon-currentfinancialassets | 2,639,662,273.32 | -10,129,725.67 | 515,961,973.63 | 2,113,570,574.02 | ||||
| Accountsreceivablefinancing | 237,187,228.44 | 344,155,903.39 | 237,187,228.44 | 344,155,903.39 |
SignificantchangestothemeasurementattributesofthemajorassetsintheReportingPeriod:
□Yes√No
4.RestrictedAssetRightsasatthePeriod-End
| Item | Endingcarryingvalue(RMB) | Reasonforrestriction |
| Monetaryassets | 878,270,149.59 | Ofwhich,RMB440,390,112.54issecuritydepositsputinpledgeforloansortheissuanceofbankacceptancebills;RMB307,603.35isinthefiscalcustodyaccount;RMB226,700,000.00istermdepositsthatcannotbewithdrawninadvance;andRMB210,872,433.70isrestrictedforotherreasons. |
| Notes | 217,674,323.25 | Inpledgefortheissuanceofbankacceptancebill |
receivable
| receivable | ||
| Inventories | 149,679,547.48 | Therectificationmeasureswereaffectedbytheminorityshareholdercaseofthesubsidiary,theinventorywassealedup,andthecompanydidnotwaiveitsclaims,ascollateralforloan |
| Investmentproperty | 101,798,700.19 | Ascollateralforloan |
| Fixedassets | 1,393,456,049.65 | Mortgageloan,financialleasemortgage,originalshareholderguaranteemortgage |
| Intangibleassets | 506,091,816.68 | Mortgageloan,originalshareholderguaranteemortgage,financialleasemortgage |
| Constructioninprogress | 262,754,573.95 | Ascollateralforfinancelease,mortgageloan |
| Total | 3,509,725,160.79 |
VIInvestmentsMade
1.TotalInvestmentAmount
√Applicable□Notapplicable
| TotalinvestmentamountintheReportingPeriod(RMB) | Totalinvestmentamountinthesameperiodoflastyear(RMB) | Change |
| 541,154,096.54 | 2,650,070,931.19 | -79.58% |
2.MajorEquityInvestmentsMadeintheReportingPeriod
□Applicable√Notapplicable
3.MajorNon-EquityInvestmentsOngoingintheReportingPeriod
√Applicable□Notapplicable
Unit:RMB
| Item | Investmentmethod | Fixedassetsinvestmentornot | Industryinvolved | InputamountintheReportingPeriod | Accumulativeactualinputamountasoftheperiod-end | Capitalresources | Progress | Estimatedrevenues | Accumulativerealizedrevenuesasoftheperiod-end | Reasonfornotmeetingthescheduleandexpectedrevenues | Disclosuredate(ifany) | Disclosureindex(ifany) |
| DongguanKonkaIntelligentIndustrialPark | Self-build | Yes | Electronicindustry | 44,781,913.56 | 589,267,990.05 | Self-andbankloan-funded | N/A | 11March2017 | http://www.cninfo.com.cn/new/index | |||
| SuiningKonkaElectronicTechnologyIndustrial | Self-build | Yes | Electronicindustry | 60,729,906.34 | 544,124,993.92 | Self-funded | N/A | 17October2018 |
Park
| Park | |||||||||||
| ChongqingKonkaSemiconductorPhotoelectricIndustrialPark | Self-build | Yes | Electronicindustry | 44,423,444.66 | 550,050,794.85 | Self-andbankloan-funded | N/A | 14June2019 | |||
| FrestecRefrigerationPark | Self-build | Yes | Electronicindustry | 87,026,048.97 | 334,824,378.52 | Self-andbankloan-funded | N/A | 21July2020 | |||
| Xi’anKonkaSmartAppliancesHeadquartersProject | Self-build | Yes | Electronicindustry | 12,475,631.70 | 192,137,567.58 | Self-funded | N/A | 10February2021 | |||
| Total | -- | -- | -- | 249,436,945.23 | 2,210,405,724.92 | -- | -- | -- | -- | -- |
Note:Xi’anKonkaSmartAppliancesHeadquartersProjecthasbeenputintouse.DongguanKonkaIntelligentIndustrialPark,SuiningKonkaElectronicTechnologyIndustrialParkandFrestecRefrigerationParkareunderconstruction.RegardingtheSemiconductorPhotoelectricResearchInstituteofChongqingKonkaSemiconductorPhotoelectricIndustrialPark,theinfrastructureofthefirstphasehasbeencompletedandaccepted,withtheremaininginfrastructureprojectongoing.
4.FinancialInvestments
(1)SecuritiesInvestments
√Applicable□Notapplicable
Unit:RMB
| Varietyofsecurity | Codeofsecurity | Nameofsecurity | Initialinvestmentcost | Accountingmeasurementmethod | Beginningcarryingvalue | Gain/LossonfairvaluechangesinReportingPeriod | Accumulatedfairvaluechangeschargedtoequity | PurchasedinReportingPeriod | SoldinReportingPeriod | Gain/lossinReportingPeriod | Endingcarryingvalue | Accountingtitle | Sourceofinvestmentfunds |
| Domestic/Foreignstock | 003040 | ChutianDragon | 974,897,430.42 | Fairvaluemethod | 0.00 | -199,310,420.92 | 0.00 | 974,897,430.42 | 32,279,520.00 | 5,589,065.02 | 743,307,489.50 | Tradingfinancialassets | Self-funded |
| Othersecuritiesinvestmentsheldatthe | 0.00 | -- | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- | -- | ||
period-end
| period-end | |||||||||||
| Total | 974,897,430.42 | -- | 0.00 | -199,310,420.92 | 0.00 | 974,897,430.42 | 32,279,520.00 | 5,589,065.02 | 743,307,489.50 | -- | -- |
| Disclosuredateofannouncementonboard’sapprovingsecuritiesinvestment(ifany) | 4April2023 | ||||||||||
| Disclosuredateofannouncementonshareholders’meetingapprovingsecuritiesinvestment(ifany) | N/A | ||||||||||
(2)InvestmentsinDerivativeFinancialInstruments
□Applicable√NotapplicableNosuchcasesintheReportingPeriod.
5.UseofRaisedFunds
□Applicable√NotapplicableNosuchcasesintheReportingPeriod.VIISaleofMajorAssetsandEquityInvestments
1.SaleofMajorAssets
□Applicable√NotapplicableNosuchcasesintheReportingPeriod.
2.SaleofMajorEquityInvestments
□Applicable√NotapplicableVIIIPrincipalSubsidiariesandJointStockCompanies
√Applicable□NotapplicablePrincipalsubsidiariesandjointstockcompanieswithanover10%effectontheCompany’snetprofit:
Unit:RMB
| Name | RelationshipwiththeCompany | Principalactivity | Registeredcapital | Totalassets | Netassets | Operatingrevenue | Operatingprofit | Netprofit |
| KonkaVenturesDevelopment(Shenzhen)Co.,Ltd. | Subsidiary | Enterprisemanagementconsultingandincubationservices | RMB5,000,000 | 137,325,026.74 | 57,685,673.78 | 36,360,406.66 | 3,645,771.26 | 2,601,224.94 |
| AnhuiKonkaTongchuangElectricalAppliancesCo.,Ltd. | Subsidiary | Productionandsalesofhomeappliances | RMB800,000,000 | 2,147,514,157.97 | 812,469,003.69 | 2,204,033,452.38 | 27,217,716.92 | 36,150,189.19 |
| HongKongKonkaCo.,Ltd. | Subsidiary | Export&importofelectronics | HKD500,000 | 3,348,680,070.05 | 432,126,782.36 | 1,289,444,113.25 | 28,384,130.48 | 23,103,062.37 |
NingboKhrElectricApplianceCo.,Ltd.
| NingboKhrElectricApplianceCo.,Ltd. | Subsidiary | Productionandsalesofhomeappliances | RMB150,000,000 | 554,423,837.47 | 78,146,437.71 | 408,883,161.82 | 8,210,721.86 | 8,236,084.87 |
| HongdinInternationalTradingLimited | Subsidiary | Export&importofelectronics | HKD500,000 | 2,115,392,084.19 | -31,006,929.06 | 226,631,612.97 | 55,033,875.39 | 55,033,875.39 |
SubsidiariesobtainedordisposedofintheReportingPeriod:
√Applicable□Notapplicable
| Subsidiary | HowsubsidiarywasobtainedordisposedintheReportingPeriod | Effectsonoveralloperationsandoperatingperformance |
| AnhuiKonkaZhilianE-CommerceCo.,Ltd. | De-registered | Forbetterallocationofassets |
| SichuanHongxinchenRealEstateDevelopmentCo.,Ltd. | Equitytransfer | BeneficialtothedevelopmentoftheCompany’srelevantbusinessandbringaboutacertainamountofgains |
| ChongqingFangbingRealEstateCo.,Ltd. | Equitytransfer |
Informationaboutprincipalsubsidiariesandjointstockcompanies:
NoneIXStructuredBodiesControlledbytheCompany
□Applicable√NotapplicableXRisksFacingtheCompanyandCountermeasuresInregardtotheconsumerelectronicsbusiness,duetothesluggishconsumerdemandandincreasinglyfiercemarketcompetitiontheCompany'sscaleintheconsumerelectronicsbusinessfellsomewhat.Withrespecttothesemiconductorbusiness,economiesofscalehavenotbeengained,despitethebreakthroughsincoretechnologies,asitisstillattheinitialphaseofindustrialisation.Inresponsetotheaboverisks,theCompanywillfocusonmainbusinessdevelopment,promoteleanmanagement,optimiseassetallocation,acceleratetoexpandthescaleofthesemiconductorbusiness,andeffectivelystrengthenprofitability.Consumerelectronicsbusiness:InregardtothecolorTVbusiness,theCompanywillpromotetheupgradeofthecolorTVbusinessandimprovetheprofitabilitythereofthroughthefollowingmeasures:First,buildtechnicalbarriers.TheCompanywillmakeuseoftheadvantagesoftheMicroLEDbusinesstoextendtotheupstreamofthebusiness,soastoformtheadvantagesofadvancedmanufacturingandprecisionmanufacturing,anddrivetheupgradeofthecolorTVbusinesswiththeimprovementoftechnicalefficiencyasthecore.Second,consolidatehigh-endmanufacturing.TheCompanywillgivefullplaytoitsmanufacturingadvantages,consolidatehigh-endmanufacturing,andactivelyintegrateintothethird-partyecologicalchain.Intheshortrun,theCompanywillfocusonkeycomponentscenteringaroundtheadvantagesofintelligentmanufacturing;inthelongrun,itwillbuildanintelligentmanufacturingplatformbasedonscientificandtechnologicalR&D,high-endmanufacturingandsupplychain,soastoincubate
diversifiedintelligenthardwarebusinesses.Third,restructureefficientchannels.TheCompanywilloptimize"online+offline"high-marginchannels,focusonexpandemergingchannelssuchasintereste-commerce,strengthenbandconstructiontowardsyoungconsumers,andimprovetheefficiencyofbothoperationandchannel.Fourth,expandsegmentedmarkets.TheCompanywillexplorebarrier-basedsegmentedmarketscenteringaroundhigh-frequencydemandtechnologiessuchas5G,8Kandhighrefreshrate,incombinationwithuserportrait,expandtheapplicationopportunitiesofmultiplescenariossuchasHDscreenandsmartscreen,anddifferentiatethelayoutofsmartterminalssuchassmarthealthcare,smartmedicaltreatmentandsmartcommunity.Intermsofthewhitegoodsbusiness,theCompanywilltakethefollowingmeasurestoacceleratethescalegrowthofwhitegoodsandbuildanewgrowthpolefortheconsumerelectronicsbusiness:First,promotebrandupgrade.TheCompanyispromotingthediversifieddevelopmentofbrandsthroughthe"Konka+Frestec"dual-brandoperationstrategy,inanefforttobuildthefirst-classbrandimageofrefrigerators,comprehensivelyimprovethebrandoperationcapabilityofair-conditionersandwashingmachinesand,throughthesynergeticdevelopmentofthetwobrandsofKonkaandFrestec,expandtheCompany'sindustrialscaleinthefieldofwhitegoods.Second,ensurediversifiedcategorylayout.Thecompanywill,withthethreecoreproductlinesof"washingmachine+refrigerator+air-conditioner"asthecore,acceleratetheproductionofkitchenandsanitationproductssuchasdish-washingmachine,and,takingFrestecasabreakthroughpoint,realizethediversifiedlayoutofwhitegoodscategories,andactivelyexplorethenewdirectionforintegrateddevelopmentofhouseholdappliancescategories.Third,createhigh-endproducts.TheCompanywillpromotethestrategyofhigh-endproductsand,centeringaroundtheimprovementofstructureandtheenhancementofR&Dcapabilityforhigh-endproducts,acceleratetheconstructionofmedium-andhigh-endproductlines,improveexportproductlines,andstrivetopromotethecomprehensiveupgradeofthequalityandhigh-endorientationofproducts.Fourth,expandinternationalmarket.Thecompanywillintensifyeffortsonthelayoutofinternationalmarket,adopttargetedlayoutstrategiesincombinationwiththecharacteristicsofoverseasmarket,furtherimprovebothdomesticandforeignmarketingsystems,strengthenthelayoutofdomesticblankmarketandinternationalmarket,andmaximizetheefficiencyofchannels.Inregardtothesemiconductorbusiness:first,theCompanyneedstomaintainitstechnologyleadershipanddrivetheindustrialisationofMicroLEDsinamarket-orientedmanner.Difficultiesinchipandmasstransfertechnologiesshouldcontinuetobetackled,basedoncustomerdemand.Second,weareexpectedtoexpandthescaleofsalesofMiniLEDsinacustomer-orientedmanner.
PartIVCorporateGovernance
IAnnualandExtraordinaryGeneralMeetingConvenedduringtheReportingPeriod
1.GeneralMeetingsConvenedduringtheReportingPeriod
Meeting
| Meeting | Type | Investorparticipationratio | Dateofthemeeting | Dateofdisclosure | Resolutionsofthemeeting |
| The1stExtraordinaryGeneralMeetingof2023 | ExtraordinaryGeneralMeeting | 24.47% | 13March2023 | 14March2023 | Resolutionsofthe1stExtraordinaryGeneralMeetingof2023 |
| The2022AnnualGeneralMeeting | AnnualGeneralMeeting | 24.37% | 19June2023 | 20June2023 | Resolutionsofthe2022AnnualGeneralMeeting |
2.ExtraordinaryGeneralMeetingsConvenedattheRequestofPreferenceShareholderswithResumedVotingRights
□Applicable√NotapplicableIIChangeofDirectors,SupervisorsandSeniorManagement
□Applicable√NotapplicableNosuchcasesintheReportingPeriod.Fordetails,pleaserefertotheAnnualReport2022.IIIInterimDividendPlan
□Applicable√NotapplicableTheCompanyhasnointerimdividendplan,eitherintheformofcashorstock.IVEquityIncentivePlans,EmployeeStockOwnershipPlansorOtherIncentiveMeasuresforEmployees
□Applicable√NotapplicableNosuchcasesintheReportingPeriod.
PartVEnvironmentalandSocialResponsibilityIMajorEnvironmentalIssuesIndicatebytickmarkwhethertheCompanyoranyofitssubsidiariesisidentifiedasamajorpolluterbytheenvironmentalprotectionauthorities.
√Yes□NoPoliciesandindustrystandardspertainingtoenvironmentalprotectionTheCompanyabidesbyenvironmentalprotectionlawsandregulations,suchastheEnvironmentalProtectionLawofthePeople’sRepublicofChina,WaterPollutionPreventionandControlLawofthePeople’sRepublicofChina,AirPollutionPreventionandControlLawofthePeople’sRepublicofChina,NoisePollutionPreventionandControlLawofthePeople’sRepublicofChina,SolidWastePollutionPreventionandControlLawofthePeople’sRepublicofChina,ZhongshanEcologicalEnvironmentProtection“14thFive-Year”,HuizhouEcologicalEnvironmentProtection“14thFive-Year”andothers.ThewaterpollutantdischargestandardsincludetheEmissionStandardofWaterPollutantsforElectroplatingDB44/1597-2015andtheWaterPollutantDischargeLimitStandardofGuangdongProvinceDB44/26-2001.TheairpollutantemissionstandardsincludetheEmissionStandardofVolatileOrganicCompoundsforPrintingIndustryDB44/27-2001,EmissionStandardofElectroplatingPollutantsGB21900-2008,EmissionStandardofOdorousPollutantsGB14554-93,andEmissionControlStandardofVolatileOrganicCompoundsforUnorganizedEmissionsGB37822-2019.StatusofEnvironmentalProtectionAdministrativeLicense
1.XingDaHongYeXingDaHongYereceivedapprovalfromtheZhongshanEnvironmentalProtectionBureautoestablishandconstructitsfacilityin2004(ZH.H.J.[2004]No.61),followedbysubsequentapprovalsunderZH.H.J.D.[2008]06250andZH.H.J.D.[2010]04469in2008and2010respectively.AftertheoriginalprojectofXingDaHongYewasputintoproduction,itunderwenttwoacceptancestages:thefirststagein2008(H.Y[2008]02)andthesecondstagein2012(ZH.H.Y.Report[2012]000092).XingdaHongyeenlistedtheservicesoftheZhongshanEnvironmentalProtectionScienceResearchInstituteinDecember2012toperformanenvironmentalimpactevaluationfortheirproposedtechnologicalupgradeandexpansioninitiative.Followingthis,on31December2012,theEnvironmentalProtectionBureauofZhongshanCitygrantedNo.ZH.H.J.SH.(2012)115ApprovalontheEnvironmentalImpactAssessmentReportforTechnologicalUpgradeandExpansionProgramofGuangDongXingDaHongYeElectronicCo.,Ltd.Theschemeallowedforanincreasedproductionofsix-layercircuitboards,eight-layerandabovecircuitboards,andHDIboards,while
reducingtheproductionofsingle-sidedcircuitboards.Afterthecompletionofthetechnologicalupgradeandexpansion,theproductioncapacitywasexpectedtoreachatotalof200,000squaremetersforsingle-sidedcircuitboardsperyear,250,000squaremetersfordouble-sidedcircuitboardsperyear,300,000squaremetersforfour-layercircuitboardsperyear,200,000squaremetersforsix-layercircuitboardsperyear,150,000squaremetersforeight-layerandabovecircuitboardsperyear,and100,000squaremetersforHDIboardsperyear.Thetechnicalrenovationandexpansionprojectmaintainedtheoriginalplatingequipmentandprocessunchangedandaddedabrowningprocesstotheexistingproductionprocess.Theadditionalplatingcapacitywasalloutsourced.Thetechnicalrenovationandexpansionprojectbeganconstructionin2013,wascompletedinJanuary2018,andwascommissionedfrom10Februaryto8July2018.Theconstructionoftheexpansionprojectmettherequirementsoftheenvironmentalimpactreportapprovalandtheconditionsforenvironmentalprotectionacceptanceofthecompletedconstructionproject.In2021,thenationalpollutantdischargepermitofXingDaHongYewasrenewed/replacedwithcertificatenumber91442000768405216J001P.In2022,thenationalpollutantdischargepermitofXingDaHongYewasreplacedwithcertificatenumber91442000768405216J001P.
2.BoluoKonkaandBoluoKonkaPrecisionBoluoKonkaPrecisionTechnologyCo.,Ltd.wasapprovedbytheHuizhouEnvironmentalProtectionBureauin2000(H.S.H.J.[2000]No.23)andbeganproductionthesameyear.Itspollutiondischargepermitnumberis91441322721121283N001U.BoluoKonkaenlistedtheservicesofHuizhouEnvironmentalScienceResearchInstituteinJanuary2007tocarryoutanenvironmentalimpactassessmentforitsexpansionproject.No.H.SH.H.J.[2007]J32ApprovalonEnvironmentalImpactReportforBoluoKonka’sDouble-sidedandMultilayerBoardProjectwasissuedbytheEnvironmentalProtectionBureauofHuizhouCityon8February2007.Theapprovedexpansionprojectincludedtheinstallationofelectroplatingequipmentandprocesses,allowingforanincreaseinproductioncapacityto1millionsquaremetersforsingle-sidedcircuitboardsperyearand650,000squaremetersfordouble-sidedandmultilayercircuitboardsperyear.Uponcompletion,theprojectunderwentanenvironmentalprotectionacceptanceinspection,satisfyingtherequirementsoftheenvironmentalimpactassessmentapproval.ThecompanyalsoobtainedapollutantdischargepermitinthesameyearandunderwentanamechangetoBoluoKonkaPrecisionTechnologyCo.,Ltd..In2020,thecompanyreceivedanationalpollutantdischargepermitbearingcertificatenumber91441322799316208F001V.BoluoKonkaPrecisionwillproduce1.65millionsquaremetersperyearofdouble-sidedandmultilayercircuitboards,upontheDepartmentofEcologyandEnvironmentofGuangdongProvince'sapprovaloftheReportontheEnvironmentalImpactoftheCircuitBoardsExpansionProjectwithanAnnualCapacityof1MillionSquareMeters(Y.H.SH.[2023]No.124)inJune2023.Theregulationsforindustrialemissionsandtheparticularrequirementsforcontrollingpollutant
emissionsthoseareassociatedwithproductionandoperationalactivities.
Nameofpolluter
| Nameofpolluter | Typeofmajorpollutants | Nameofmajorpollutants | Wayofdischarge | Numberofdischargeoutlets | Distributionofdischargeoutlets | Dischargeconcentration/intensity | Dischargestandardsimplemented | Totaldischarge | Approvedtotaldischarge | Excessivedischarge |
| XingDaHongYe | Pollutionsourcesofwastewater | PH,totalcopper,COD,ammonianitrogen,totalnitrogen,totalphosphorus,totalcyanide,totalnickel,totaliron,totalaluminum,petroleum,suspendedsolids | Dischargeofstationarypollutionsources | 1 | Maindischargeoutletofthewastewaterstation | PH6-9;totalcopper≤0.3mg/L;COD≤50mg/L;ammonianitrogen≤8mg/L;totalnitrogen≤15mg/L;totalphosphorus≤0.5mg/L;totalcyanide≤0.2mg/L;totalnickel≤0.1mg/L;totaliron≤2mg/L;totalaluminum≤2mg/L;petroleum≤2mg/L;suspendedsolids≤30mg/L | GB21900-2008DischargeStandardForPollutantsFromElectroplating | 497,835tons/year | Totaldischarge:COD19.061250tons/year;ammonianitrogen3.0498tons/year;totalnitrogen32.9792tons/year;totalphosphorus0.2082tons/year | None |
| XingDaHongYe | Wastegaspollutants | Sulfuricacidfume,hydrogenchloride,formaldehyde,hydrogencyanide,nitrogenoxide,ammonia,benzene,toluene+xylene,TVOC,tinandits | Dischargeofstationarypollutionsources | 14 | Threeontheroofofplant1,tenontheroofofplant2andoneontheroofofthecanteen | sulfuricacidfume≤30mg/m3;nitrogenoxide≤200mg/m3;hydrogenchloride≤30mg/m3;hydrogencyanide≤0.5mg/m3;TVOC≤90mg/m3;benzene≤1mg/m3;toluene+xylene≤15mg/m3;tinanditscompounds≤8.5mg/m3;PM(dust)≤120mg/ | EmissionStandardforElectroplatingPollutantsGB21900-2008AirEmissionLimitsTable5,EmissionstandardofVolatileOrganicCompoundsforPrintingIndustryDB44/815-2010;GuangdongAirPollutantEmissionStandardDB44/27-2001theSecondLevelStandardintheSecondPeriod,Emissionstandard | 2,986,560,000standardcube/year | Totaldischarge:2,986,560,000standardcube/year(note:thetotaldischargeisnotstatedinthelatestversionofnationaldischargepermitin2021;two | None |
compounds,PM(dust)
| compounds,PM(dust) | m3 | forOdorPollutants(GB14554-1993)Table2Standard | exhausttowerswereaddedin2021;calculatedbasedonairvolumeinenvironmentalimpactassessment) | |||||||
| BoluoKonkaandBoluoKonkaPrecision | Pollutionsourcesofwastewater | PH,copper,COD,ammonianitrogen,totalnitrogen,totalphosphorus | Dischargeofstationarypollutionsources | 1 | Maindischargeoutletofthewastewaterstation | 1.Emissionstandardforpollutiondischargecertificate:copper≤0.5mg/L;COD≤80mg/L;ammonianitrogen≤10mg/L;totalnitrogen≤20mg/L;totalphosphorus≤0.5mg/L;2.localemissionstandard:copper≤0.5mg/L;COD≤30mg/L;ammonianitrogen≤1.5mg/L;totalnitrogen≤10mg/L;totalphosphorus≤0.3mg/L | 1.Dischargestandardofdischargepermit:DischargeStandardofElectroplatingWaterPollutantforElectroplatingDB44/1597-2015Table1PearlRiverDeltaDischargeStandard;2.Localdischargestandard:BFBH[2019]No.58Document:COD,ammonianitrogen,totalphosphorusbasedon"EnvironmentalQualityStandardsforSurfaceWaterGB3838-2002"CategoryIVwaterstandard,thetotalnitrogendischargereaches50%ofdischargelimitrequirementofthecorrespondingindustry | 318,300tons/yearNote:accordingtodischargepermit | Totaldischargeamountis318,300tons/year;CODis19.2tons/year;ammonianitrogenis2.4tons/year;totalnitrogenis4.8tons/year.Note:accordingtothedischargecertificate | None |
| BoluoKonkaandBoluoKonkaPrecision | Wastegaspollutants | Sulfuricacidfume,hydrogenchloride,formaldehyde,hydrogencyanide,nitrogenoxide,ammonia,benzene,methylbenzene,TVOC, | Dischargeofstationarypollutionsources | 20 | Sixontheroofofplant1,fourteenontheroofofplant2andoneinsewagestation | sulfuricacidfume≤30mg/m3；nitrogenoxide≤200mg/m3；hydrogenchloride≤30mg/m3；TVOCogenchl；benzenenchlori；methylbenzenoride≤30；dimethylbenzenede≤30mg/；tinanditscompounds≤8.5mg/m3；PM（dust）≤≤stand | EmissionStandardforElectroplatingPollutantsGB21900-2008AirEmissionLimitsTable5,GuangdongAirPollutantEmissionStandardDB44/27-2001theSecondLevelStandardintheSecondPeriod,EmissionstandardforOdorPollutants(GB14554-1993)Table2Standard,Emissionstandardofcookingfume | / | Thetotaldischargeisnotstatedinthelatestversionofnationaldischargepermitin2020 | None |
tinanditscompounds,PM(dust),oilfume
| tinanditscompounds,PM(dust),oilfume | i；oilfume≤2mg/m3 | (GB18483-2001) |
Treatmentofpollutants
1.XingDaHongYeAllproductionequipmentofGuangdongXingdaHongyeElectronicsCo.,Ltd.hasbeensetupwithsupportingenvironmentalprotectionfacilitiesaccordingtotherequirementsofenvironmentalimpactassessment.Thedischargeofwastewater,wastegasandnoiseaswellasthedisposalofallsolidwastesintheCompanyallmetthestandardsduringtheReportingPeriod.ThesewagetreatmentcentreofGuangdongXingdaHongyeElectronicsCo.,Ltd.withaninvestmentofaboutRMB15millionwasformallyputintoproductioninJune2007,andthetreatmentcapacityofthesewagetreatmentfacilitywas2,566tons/day.Aftertechnicalimprovementandexpansion,thecapacityincreasedto2,900tons/daywiththetreatmentprocessremainingunchanged.In2022,RMB20millionwasinvestedtoincreaseasetofsewagetreatmentfacilitywhichhadbeenputintooperationsoastoensurestabledischargeofsewageuptostandard.Currently,thesewagetreatmentfacilitiesarefunctioningwellandthemainpollutantdischargemeetsthedischargestandardsandenvironmentalassessmentstandards.ThepollutantsaredischargedtoFushachongafterbeingtreatedattheself-builtsewagetreatmentstation.
2.BoluoKonkaandBoluoKonkaPrecisionAllproductionequipmentofBoluoKonkaandBoluoKonkaPrecisionhasbeenreportedforenvironmentalassessment,reviewandapproval.Thesupportingenvironmentalprotectionandpollutioncontrolfacilitieshavebeendesignedbypollutanttypeandconcentrationandeffectivelyoperatedinatargetedmanner.DuringtheReportingPeriod,thedischargestandardsweremetintermsofindustrialwastewater,exhaustandfactorynoise,andallindustrialwastegeneratedwasdisposedofincompliancewithenvironmentallawsandregulations.BoluoKonkawasestablishedin2000.TomanufacturesinglesidedPCBs,itinvestedapproximatelyRMB5millioninconstructingasewagetreatmentstationwithoutthebiochemicaltreatmentfunctionandfeaturingadischargecapacityof300tonsperday.In2007,BoluoKonkaexpandeditsfactorybystartingthePhaseIIproject,whichwassubmittedforenvironmentalassessmentasBoluoKonkaPCBDoubleSidedandMulti-LayerPCBProject(latertheprojectownerwaschangedintoBoluoKonkaPrecision).ItspentaboutRMB10milliononconstructingthePhaseIIsewagetreatmentstationtoaddthebiochemicaltreatmentfunctionwithadischargecapacityof800tonsperday.In2019,accordingtotherequirementsinthedocumentsissuedbyBoluoCountyEcologyandEnvironmentBureau,thetwosewagetreatmentstationsofBoluoKonkaandBoluoKonkaPrecisionmustbeupgradedtowardshigherstandards.Throughcomprehensiveassessmentofthe
professionalenvironmentalprotectioncompany,itwasdecidedthatthesewagetreatmentstationsofthesaidcompaniesbecombinedtomeettheupgradingrequirements.BoluoCountyEcologyandEnvironmentBureauapprovedthecombinationofthedischargeoutletsoftheaforementionedcompanies,andBoluoKonkawouldappointBoluoKonkaPrecisiontotreatsewage.Afterthecombination,thedischargecapacitywouldreach1,100tonsperday.TheaforementionedcompaniesspentaboutRMB20millionbetween2019and2020onupgradingthesewagetreatmentstationstowardshigherstandards,andaddedindustrialadvancedprocessesandtreatmentsystems,suchasROwatertreatment,FentonoxidationandMBRfilms.Afterthetechnologicalimprovementsandexpansion,thesewagetreatmentreaches2,200tonsperday(withadischargecapacityof1,100tonsperday)withareuserateofmorethan60%.Atpresent,thewastewatertreatmentfacilitiesareoperatingingoodconditions;thedischargeofmajorpollutantsmeetsthedischargestandards.Afteradvancedtreatmentofthewaterreusefacilities,thewatertreatedbythesewagestationsthatmeetsthestandardswillbereusedintheplants,whiletheremainingwaterwillbedischargedtothemunicipalpipenetworktobeprocessedbytheurbanandruralwatertreatmentfactorybeforebeingdischargedtotheDongjiangRiver.Contingencyplanforemergentenvironmentalincident
1.XingDaHongYeInstrictaccordancewithrequirementsoflaws,regulationsandrelevantdocuments,suchasLawofthePeople’sRepublicofChinaonEmergencyResponseandInterimMeasuresonEnvironmentalEmergencyResponsePlan,GuangdongXingdaHongyeElectronicsCo.,Ltd.hasestablishedriskpreventionmeasuresandemergencyresponseplans,keptitsemergencyequipmentinanormalstate,formulatedtheContingencyPlanforEmergentEnvironmentalIncident,andputonrecordsatZhongshanEnvironmentalProtectionBureau,GuangdongProvince,recordNo.:442000-2020-0348-M.Inaddition,theCompanyconductsadrillofmajorenvironmentalpollutionincidentonitsfactorytoenhanceitsemergencyresponsecapabilitiesforemergentenvironmentalpollutionincidents.Furthermore,GuangdongXingdaHongyeElectronicsCo.,Ltd.hasbuiltanemergencypool(whichisthecomprehensivewatertankinthesewagetreatmentstationcoveringanareaof800m3)andsetupafirepool(500m3andlocatedonFloor1ofFactoryBuildingNo.2),whichserveastemporarystoragepoolsforexteriordrainageorfiredrainagetoeradicateaccidentaldischargeofwastewaterinthecaseoffailedoperationofthesewagetransmissionpipelineorfireaccidentduetooutageorotherspecialcircumstances.Thesewagetransmissionpipelinehasbeenequippedwithanti-corrosionandcathodicprotectionusinganti-corrosionpipesandcarbonsteelpipes.Pursuanttothenewdischargestandards,therelateddischargepipelinehasbeenmodifiedandtheproductiondepartmenthasbeenrequiredtodischargestrictlyinaccordancewithdischargestandardstocutthecostsofwastewatertreatment.Differenttypesofwastewaterarenormallyandproperlytreated
throughfineshunting.Personnelhavebeenspeciallyarrangedtomanagethechemicalliquidwarehouseandexertreasonablecontrolandrequirementsovertheliquiddischargebytheplantandtimelytransportationoftheliquidbysuppliers;emergencytoolssuchasprotectivemasks,bootsandimmisciblepumpshavebeenequipped.
2.BoluoKonkaandBoluoKonkaPrecisionBoluoKonkaandBoluoKonkaPrecisionstrictlyabidesbyEmergencyResponseLawofthePeople'sRepublicofChina,InterimMeasuresfortheManagementofEmergencyPlansforUnexpectedEnvironmentalIncidents,otherrelatedlawsandregulationsaswellastherequirementsofrelevantdocuments.Theyhaveestablishedriskpreventionmeasuresandemergencyplans,suchasEmergencyPlanforUnexpectedEnvironmentalIncidents,andhavetheiremergencyequipmentruninanormalstatus.Inaddition,theyhavefiledwithBoluoCountyBranchofEcologyandEnvironmentBureauinHuizhou,GuangdongandHuizhouEcologyandEnvironmentBureaurespectivelywiththefileNo.441322-2020-0073-Mand441301-2021-004-M.Theyorganizeallstafftoconductdrillsformajorenvironmentalpollutionincidentseveryyeartoimprovetheirabilityfortheemergencyresponsetounexpectedenvironmentalpollutionincidents.BoluoKonkaandBoluoKonkaPrecisionarewellequippedwithallnecessaryfacilitiesforemergencyresponsetounexpectedincidents,includinganemergencyresponsepoolofindustrialwastewater(500m3,underthegroundofthesewagetreatmentstation)andafirefightingreservoir(300m3,locatedbesidethestaffdormitorybuilding).Intheeventofanunexpectedenvironmentalincident,suchasleakageorfailureofawastewatertransportingpipe,theemergencyresponsepoolwillpreventanyaccidentofindustrialwastewater;intheeventofafiresafetyaccident,thefirefightingreservoirwillbeputintouse.Alldepartmentsarerequiredtodischargepollutantsstrictlyinaccordancewithpollutantdischargestandardstoreducethecostsofwastewatertreatmentbyproperlyandreasonablydividingsolutionandwastewaterdischargedfromtheplants.Thechemicalwarehousesaremanagedbydesignatedpersonnel,withstandardcontrolandrequirementsovertheloadingandunloadingofchemicalproductsbysuppliers.Intermsofemergencyresponsesupplies,afullsetofemergencyrescuetoolsareprepared,includinggasmasks,acidandalkalineresistantboots,gloves,goggles,safetyropes,helmets,firesandandsubmersiblepumps.InputinenvironmentalgovernanceandprotectionandpaymentofenvironmentalprotectiontaxNearlyRMB14.7millionwasinputinenvironmentalgovernanceandprotectionandRMB33,700ofenvironmentalprotectiontaxwaspaidinH12023intotal.Environmentalself-monitoringplan
1.XingDaHongYeAccordingtotherequirementsoftheEnvironmentalProtectionAdministration,XingdaHongyeattachesgreatimportancetoenvironmentalmonitoringmanagement.Thus,pursuanttothe
MeasuresforSelf-MonitoringandInformationDisclosureofNationalKeyMonitoredEnterprises,theReportontheEnvironmentalImpactoftheTechnicalImprovementandExpansionProjectofGuangdongXingdaHongyeElectronicsCo.,Ltd.andthereplyopinionsforenvironmentalimpactassessment,theCompanyhasformulatedtheEnvironmentalSelf-MonitoringPlanandreportedtothemunicipalenvironmentalprotectionbureauforapprovalandrecord.ItimplementsonlinemonitoringforthePH,CODandammonianitrogenpollutantsdischargedinwastewaterthroughreal-timemonitoringandanautomaticfrequencyofeverytwohours,entruststhequalifiedthird-partyonlinemonitoringequipmentoperationandmaintenanceinstitutetocarryoutperiodicmaintenanceonautomaticmonitoringequipmentandmonitoringdatanetworkingequipment,andentruststhequalifiedthird-partymonitoringunittocarryoutthe“threewastes”projectmonitoring.Allself-monitoringplanresultswillbereportedanddisclosedonpublicplatformsonaperiodicbasis.Inthecaseofnormalproduction,theresultswillbeupdatedonadailybasis,withonlinemonitoringdatadisclosedinrealtimeandmanualmonitoringdatadisclosedontheRealtimepublicityorevery2hoursaftercompletion.Itemsmonitoredonamonthlybasiswillbedisclosedbythe10thdayofthemonth.Inthecaseofpublicholidays,theoperationmonitoringdatafortheholidayperiodwillbedisclosedonthefirstworkingdayaftertheholiday.Theannualself-monitoringreportforthepreviousyearwillbedisclosedattheendofJanuaryeachyear.Inthecaseofshutdownwithdaysoff,thenumberofdaysoffwillbeindicatedintheinformationbarandrelatedproofswillbesubmittedtothemonitoringcenterofthemunicipalenvironmentalbureauforrecord.TheresultsaredisclosedonGuangdongProvinceKeyPollutionSourceRegulatoryInformationPlatformandonNationalPollutionSourceMonitoringInformationManagementandSharingPlatformforpublicmonitoring.
2.BoluoKonkaInaccordancewiththelawsandregulationsofenvironmentalprotectionaswellasthepost-certificationmanagementrequirementsrelatedtothepollutantdischargepermit,BoluoKonkaattachesgreatimportancetoenvironmentalmonitoringmanagement.Thus,pursuanttotheMeasuresforSelf-MonitoringandInformationDisclosureofNationalKeyMonitoredEnterprises,theReportontheEnvironmentalImpactoftheTechnicalImprovementandExpansionProjectofBoluoKonkaPrecisionTechnologyCo.,Ltd.andthereplyopinionsforenvironmentalimpactassessment,theCompanyhasformulatedtheEnvironmentalSelf-MonitoringPlanandreportedtotheHuizhouMunicipalEnvironmentProtectionBureauforapprovalandrecord.Meanwhile,intermsoftheparametersandpollutantsinwastewater,suchasPH,flowrate,COD,ammonianitrogen,andtotalnitrogen,itconnectsitsonlinemonitor,featuringautomaticmonitoring,totheenvironmentalprotectionplatformoftheNationalDevelopmentandReformCommissiontouploaddataeverytwohours.Furthermore,itentruststhequalifiedthird-partyonlinemonitoring
equipmentoperationandmaintenanceinstitutetocarryoutperiodicmaintenanceonautomaticmonitoringequipmentandmonitoringdatanetworkingequipment,andentruststhequalifiedthird-partymonitoringunittocarryoutthe"threewastes"projectmonitoring,inlinewiththenewlyreleasednationalpollutantdischargepermitandthecorporateself-monitoringplansthathavebeenfiled.Allself-monitoringplanresultswillbereportedanddisclosedonpublicplatformsonaperiodicbasis.Inthecaseofnormalproduction,theresultswillbeupdatedonadailybasis,withonlinemonitoringdataaredisclosedinrealtime,ormanualmonitoringdataonamonthlyandquarterlybasisaredisclosedeverytwohours.AdministrativepunishmentsreceivedintheReportingPeriodduetoenvironmentalissues
Subsidiary
| Subsidiary | Reasonforpunishment | Violations | Penaltyresults | Impactofproductionandoperation | Rectificationmeasures |
| N/A | N/A | N/A | N/A | N/A | N/A |
Otherenvironmentalinformationthatshouldbedisclosed
1.XingDaHongYeTheenvironmentalprotectioninvestmentofGuangdongXingdaHongyeElectronicsCo.,Ltd.forH12023wasapproximatelyRMB10.5million,mainlyusedfortheinvestmentinEnvironmentalgovernanceequipmentandfacilities,treatmentofsewage,wastegasandsolidwaste,aswellasthemaintenanceandupgradingofenvironmentalprotectionequipment.
2.BoluoKonkaandBoluoKonkaPrecisionBoluoKonkaandBoluoKonkaPrecisioninvestedapproximatelyRMB4.2milliononenvironmentalprotectioninH12023intotal,mainlyusedforthedailyoperationandmanagementofwastewaterandgasaswellasthemaintenanceandupgradingofequipment.MeasurestakentodecreasecarbonemissionintheReportingPeriodandcorrespondingeffects
□Applicable√NotapplicableOtherEnvironmentalInformation.Accordingtotheexamination,theCompanyanditsotherholdingsubsidiariesarenotkeypollutantunits.Allhavefaithfullyimplementedthelawsandregulationsrelatedtoenvironmentalprotection,suchasEnvironmentalProtectionLawofthePeople'sRepublicofChina,WaterPollutionPreventionandControlLawofthePeople'sRepublicofChina,LawofthePeople'sRepublicofChinaonthePreventionandControlofAtmosphericPollution,LawofthePeople'sRepublicofChinaonPreventionandControlofPollutionFromEnvironmentalNoise,LawofthePeople'sRepublicofChinaonthePreventionandControlofEnvironmentalPollutionbySolidWasteinthedailyproductionandoperation,withoutbeingpunishedforviolationsoflawsandregulationsduringtheReportingPeriod.IISocialResponsibilityTheCompanyinsiststheprincipleofhealth,stabilityandsustainabledevelopmenttobenefit
shareholdersandemployeesandsatisfycustomers.Inpursuitofeconomicprofitsandprotectionofshareholders’profits,theCompanyisactiveinprotectinglegalrightsofdebtorsandemployees,treatingsuppliers,customersandconsumersingoodfaith,andparticipatinginenvironmentalprotectionandcommunityestablishmentforharmoniousdevelopmentoftheCompanyandsociety.
1.Toprotectrightsofshareholdersandcreditors
(1)TheCompanyprotectsrightsofshareholdersTheCompanyinsistsprotectionofrightsforallshareholders,especiallyequalstatusandlegalrightsformediumandsmallshareholders,andmakeinsuranceofrightstobeinformed,participationandvote.TheCompanywouldperformallobligationsofinformationdisclosuretoensuretimely,accurateandcompleteinformationandstrictlyexecuteconfidentialsystemofregistrarandinsiderinformationtoguaranteejustice.TheCompanypaysattentiontorepaytoshareholders,andinsistsmutualdevelopmentwithinvestors.Inthepreviousthreeyears,theCompanysharesdividendswithallshareholders.TheCompanystrictexecutesdividendpoliciesregulatedinArticlesofAssociation.AllcashdividendscomplywithregulationsinArticlesofAssociationandrequirementsinshareholders’conference.
(2)TheCompanyprotectsrightsofcreditorsInfullconsiderationoflegalrightsofcreditors,theCompanycomplieswithstrictbusinessrulesofcreditcooperationtoguaranteelegalrightsofcreditors.Nodamagesuponrightsofcreditorshappened.
2.TheCompanyperformsresponsibilitiestosuppliersandcustomers
(1)Itisdevotedtoimprovecustomerservicequality.TheCompanyisinsistingphilosophyofcustomerorientationtostrengthencustomerservicemanagement,serviceconsciousnessforemployees,servicelevelsandtoprotectrightsforcustomers.Throughcustomerservicehot-line,fieldvisitandfollow-upservice,theCompanyhassetagoodcorporateimageforcustomers.
(2)BehonesttosuppliersFollowingtheprincipleofintegrityandmutuallybeneficialcooperation,theCompanykeepsgoodcooperativerelationswithsuppliersateachlevel.Thecorporateprincipleisopen,fairandimpartialtostandardizeprocurement,protectsuppliers’legalrightsandlaysolidfoundationforfurthercooperation.
3.BeenthusiastictosocialandpublicwelfareundertakingsBasedontheprincipleofappreciatingandrepayingthesociety,theCompanyhasparticipatedinallkindsofactivitiesforpublicwelfare,cooperatedwithsociety,undertakensocialresponsibilitiesactivelyandpromotedharmoniousdevelopmentbetweenenterpriseandsociety.
4.Beresponsibleforemployees
TheCompanyinsiststheprincipleofpeopleorientationtoimproveworkingenvironment,promoteoccupationalskills,provideopportunityandplatformfordevelopmentandgrowthandencourageselfupgradationandrealizationforemployees.Mutualimprovementforemployeesandenterprisecouldbeachieved.
(1)Behonestandlaw-abidingtoprotectlegalrightsforemployeesTheCompanywouldstrictlycomplywithlawsandregulationsinLaborLawandLaborContractLawtosignlaborcontractwithemployeeswithfairtreatmentinemployment,payment,promotion,training,demissionandretirement.Also,theCompanywouldpayallkindsofinsurancesandhousingfundforemployees.Regularphysicalexaminationwouldbeorganizedforeachyear.Anyproblemsfoundwouldrequirere-examinationandconsultationfromadoctor.TheCompanywouldimprovelivingquality;enhancecohesiveforceandsenseofbelongingsthroughaseriesofsafeguardmeasures.
(2)ToprotectoccupationalhealthforemployeesTheCompanywouldestablishandperfecttraining,safetyassessmentbysecuritysystemtoguaranteethesafetyandoccupationalhealthforemployees.Ontheotherhand,bypromotionoftheimportanceofsafety,safetyawarenesswouldberootedinthehearttomakeallemployeesabidebysafetystandardsandfullyplaysubjectiveinitiativeinprotectingself-occupationalsafetyandproductionsafety.
(3)TopromoteoccupationalskillsbydiversifiedprofessionaltrainingTheCompanyhasalwayspaidgreatattentionondiversifiedtrainingforemployees.Ontheonehand,theCompanywouldbemeticulousintrainingofregularbusinessandoccupationalskillsandcarryoutallrequirementspositivelytoimproveprofessionallevelsbynormaltrainingmanagement.Ontheotherhand,theCompanywouldestablishmethodsofself-trainingplatform,traininginstructor,themetrainingandlecturestoprovidecolorfultrainingactivities.Besidesthework,professionalandcomprehensivequalitywouldbefullypromoted.
5.BeresponsibleforenvironmentTheCompanyconcernsaboutenvironmentalchangesandcloserelationshipswithenvironmentbycreatinglowcarboneconomyintechnicalinnovation,fromgreenmanufacturing,greenproductstogreenindustrycirculareconomy.TheCompanywouldprovideeffortsinprotectingglobalecologicalenvironment.InJune2012,subsidizedproductscataloguehadbeenreleasedjointlybyNationalDevelopmentandReformCommission,MinistryofIndustryandInformationandMinistryofFinance.Subsequently,theCompanywouldundertakeallsocialresponsibilitiesbyimprovingstrategicmanagement,sustainabledevelopmentandenterpriseeconomicefficiency.Itwouldreattributeallshareholdersandwouldprotectlegalrightsforcreditorsandemployees.Tobehonesttosuppliersandcustomers,theCompanywouldservelocaleconomicdevelopmentandparticipateinsocial
publicwelfareactivitiesandenvironmentprotection.Itwouldundertakeallresponsibilitiesinmanyfieldsandmakeattributionstosocial,economic,andenvironmentalsustainabledevelopmentforasocialismharmonioussociety.
PartVISignificantEvents
ICommitmentsoftheCompany’sDeFactoController,Shareholders,RelatedPartiesandAcquirers,aswellastheCompanyItselfandOtherEntitiesFulfilledintheReportingPeriodorOngoingatthePeriod-End
□Applicable√NotapplicableNosuchcasesintheReportingPeriod.IIOccupationoftheCompany’sCapitalbytheControllingShareholderoranyofItsRelatedPartiesforNon-OperatingPurposes
□Applicable√NotapplicableNosuchcasesintheReportingPeriod.IIIIrregularitiesintheProvisionofGuarantees
□Applicable√NotapplicableNosuchcasesintheReportingPeriod.IVEngagementandDisengagementofIndependentAuditorAretheinterimfinancialstatementsaudited?
□Yes√NoTheinterimfinancialstatementsoftheCompanyhavenotbeenaudited.VExplanationsGivenbytheBoardofDirectorsandtheSupervisoryCommitteeRegardingtheIndependentAuditor's“ModifiedOpinion”ontheFinancialStatementsoftheReportingPeriod
□Applicable√NotapplicableVIExplanationsGivenbytheBoardofDirectorsRegardingtheIndependentAuditor's“ModifiedOpinion”ontheFinancialStatementsofLastYear
□Applicable√NotapplicableVIIInsolvencyandReorganization
□Applicable√NotapplicableNosuchcasesintheReportingPeriod.VIIILegalMattersSignificantlawsuitsandarbitrations:
√Applicable□Notapplicable
Generalinformation
| Generalinformation | Involvedamount(RMB’0,000) | Provision | Progress | Decisionsandeffects | Executionofdecisions | Disclosuredate | Indextodisclosedinform |
ation
| ation | |||||||
| SinceJiangxiXinxinJiananEngineeringCo.,Ltd.(hereinafterreferredtoas"JiangxiXinxin"),JiangxiShiningStoneTechnologyDevelopmentCompanyLimited(hereinafterreferredtoas"JiangxiShiningStone"),JiangxiZhongyiDecorativeMaterialsCo.,Ltd.(hereinafterreferredtoas"JiangxiZhongyi")failedtorepaytheloananditsinteresttoJiangxiBranchofChinaGreatWallAssetManagementCo.,Ltd.(hereinafterreferredtoas“JiangxiBranchofGreatWallAsset”)whosuedthecourtforajudgmenttorepaytheloanofRMB300million,defaultpenaltyofRMB108,000andinterestofRMB13.65million,andatthesametime,nineguarantorsincludingJiangxiKangjia,XinfengMicrocrystallineandNanoMicrocrystallinewererequestedtoundertakejointandseveralliabilityguarantee. | 31,375.8 | No | Thecaseisbeingheardinthesecondinstance. | Thecaseisbeingheardinthesecondinstance. | Thecaseisintrial | 25June2019 | http://www.cninfo.com.cn/new/index |
| Becauseofadisputeoverapurchaseandsalescontract,theCompany'ssubsidiary,KonkaHuanjiaEnvironmentalTechnologyCo.,Ltd.,suedDalianJinshundaMaterialsRecyclingCo.,Ltd.,HuanjiaGroup,WangBingde,ZhangXueyinandWangRenping,requiringthemtoreturnprepaymentandpayliquidateddamages. | 9,383.08 | No | Thecaseisreheardandinthefirstinstance. | Thecaseisreheardandinthefirstinstance.Basedontheprincipleofprudence,theCompanyhasaccruedcorrespondingimpairmentreservesinaccordancewithaccountingpolicies. | Thecaseisintrial | 19September2020 | http://www.cninfo.com.cn/new/index |
| Becauseofadisputeoverapurchaseandsalescontract,theCompany'ssubsidiary,KonkaHuanjia,suedDalianXinjieRenewableResourcesCo.,Ltd.,HuanjiaGroup,WangBingde,ZhangXueyinandWangRenping,requiringthemtoreturnprepaymentandpayliquidateddamages. | 9,383.08 | No | Thecaseisreheardandinthefirstinstance. | Thecaseisreheardandinthefirstinstance.Basedontheprincipleofprudence,theCompanyhasaccruedcorrespondingimpairmentreservesinaccordancewithaccountingpolicies. | Thecaseisintrial | 19September2020 | http://www.cninfo.com.cn/new/index |
| Becauseofadisputeoverapurchaseandsalescontract,theCompany'ssubsidiary,KonkaHuanjia,suedDalianTianxingRenewableResourcesCo.,Ltd.,HuanjiaGroup,WangBingde,ZhangXueyinandWangRenping,requiringthemtoreturnprepaymentandpayliquidateddamages. | 2,307.9 | No | Thecaseisreheardandinthefirstinstance. | Thecaseisreheardandinthefirstinstance.Basedontheprincipleofprudence,theCompanyhasaccruedcorrespondingimpairmentreservesinaccordancewithaccountingpolicies. | Thecaseisintrial | 19September2020 | http://www.cninfo.com.cn/new/index |
Becauseofadisputeoverapurchaseandsalescontract,theCompany'ssubsidiary,KonkaHuanjiaEnvironmentalTechnologyCo.,Ltd.,suedHuanjiaMingtai(Dalian)RenewableResourcesCo.,Ltd.,HuanjiaGroup,WangBingde,ZhangXueyinandWangRenping,requiringthemtoreturnprepaymentandpayliquidateddamages.
| Becauseofadisputeoverapurchaseandsalescontract,theCompany'ssubsidiary,KonkaHuanjiaEnvironmentalTechnologyCo.,Ltd.,suedHuanjiaMingtai(Dalian)RenewableResourcesCo.,Ltd.,HuanjiaGroup,WangBingde,ZhangXueyinandWangRenping,requiringthemtoreturnprepaymentandpayliquidateddamages. | 3,302.64 | No | Thecaseisreheardandinthefirstinstance. | Thecaseisreheardandinthefirstinstance.Basedontheprincipleofprudence,theCompanyhasaccruedcorrespondingimpairmentreservesinaccordancewithaccountingpolicies. | Thecaseisintrial | 19September2020 | http://www.cninfo.com.cn/new/index |
| Becauseofadisputeoverapurchaseandsalescontract,theCompany'ssubsidiary,KonkaHuanjiaEnvironmentalTechnologyCo.,Ltd.,suedLankaoShunjiaRenewableResourcesRecyclingCo.,Ltd.,HuanjiaGroup,WangBingde,ZhangXueyinandWangRenping,requiringthemtoreturnprepaymentandpayliquidateddamages. | 3,358.8 | No | Thecaseisreheardandinthefirstinstance. | Thecaseisreheardandinthefirstinstance.Basedontheprincipleofprudence,theCompanyhasaccruedcorrespondingimpairmentreservesinaccordancewithaccountingpolicies. | Thecaseisintrial | 19September2020 | http://www.cninfo.com.cn/new/index |
| Becauseofadisputeoverapurchaseandsalescontract,theCompany'ssubsidiary,KonkaHuanjiaEnvironmentalTechnologyCo.,Ltd.,suedHenanShunhenghuiRenewableResourcesRecyclingCo.,Ltd.,HuanjiaGroup,WangBingde,ZhangXueyinandWangRenping,requiringthemtoreturnprepaymentandpayliquidateddamages. | 3,337.29 | No | Thecaseisreheardandinthefirstinstance. | Thecaseisreheardandinthefirstinstance.Basedontheprincipleofprudence,theCompanyhasaccruedcorrespondingimpairmentreservesinaccordancewithaccountingpolicies. | Thecaseisintrial | 19September2020 | http://www.cninfo.com.cn/new/index |
| Becauseofadisputeoverapurchaseandsalescontract,theCompany'ssubsidiary,KonkaHuanjiaEnvironmentalTechnologyCo.,Ltd.,suedHenanJiaxinRenewableResourcesRecyclingCo.,Ltd.,HuanjiaGroup,WangBingde,ZhangXueyinandWangRenping,requiringthemtoreturnprepaymentandpayliquidateddamages. | 3,358.08 | No | Thecaseisreheardandinthefirstinstance. | Thecaseisreheardandinthefirstinstance.Basedontheprincipleofprudence,theCompanyhasaccruedcorrespondingimpairmentreservesinaccordancewithaccountingpolicies. | Thecaseisintrial | 19September2020 | http://www.cninfo.com.cn/new/index |
| Becauseofadisputeoverapurchaseandsalescontract,theCompany'ssubsidiary,KonkaHuanjiaEnvironmentalTechnologyCo.,Ltd.,suedHenanShengxiangRenewableResourcesRecyclingCo.,Ltd.,HuanjiaGroup,WangBingde,ZhangXueyinandWangRenping,requiringthemtoreturnprepaymentandpayliquidateddamages. | 2,922 | No | Thecaseisreheardandinthefirstinstance. | Thecaseisreheardandinthefirstinstance.Basedontheprincipleofprudence,theCompanyhasaccruedcorrespondingimpairmentreservesinaccordancewithaccounting | Thecaseisintrial | 19September2020 | http://www.cninfo.com.cn/new/index |
policies.
| policies. | |||||||
| AsthebillsheldbytheCompanyfailedtobepaiduponmaturity,theCompanyfiledalawsuitwiththecourt,requestingthelattertoorderWuhanJialianAgriculturalTechnologyDevelopmentCo.,Ltd.topaytheaforesaidbillsandcorrespondinginteresttotheCompany. | 20,000 | No | Thecaseisretiredandispending. | Thecaseisretiredandispending.Basedontheprincipleofprudence,theCompanyhasaccruedcorrespondingimpairmentreservesinaccordancewithaccountingpolicies. | Thecaseisintrial | 19September2020 | http://www.cninfo.com.cn/new/index |
| Becauseofadisputeoverapurchaseandsalescontract,theCompany'ssubsidiary,DongguanKonkaElectronicCo.,Ltd.filedalawsuitwithShenzhenNanshanDistrictPeople'sCourt,requestingthelattertoorderDongGuanGaoNengPolymerLimitedCompany,WangDong,ShenzhenXinlianXingyaoTradingCo.,Ltd.,ShenzhenJinchuanQianchaoNetworkTechnologyCo.,Ltd.,PuningJunlongTradingCo.,Ltd.,HuangZhihaotopaytheoverduepaymentandcorrespondingliquidateddamages. | 9,010.1 | No | Thecaseisinexecution. | TheCompanywonandthecaseisinexecution.Basedontheprincipleofprudence,theCompanyhasaccruedcorrespondingimpairmentreservesinaccordancewithaccountingpolicies. | Thecaseisinexecution. | 1June2021 | http://www.cninfo.com.cn/new/index |
| Becauseofadisputeoverapurchaseandsalescontract,theCompany'ssubsidiary,KonkaHuanjiaEnvironmentalTechnologyCo.,Ltd.,suedZhejiangJiadeRenewableResourcesRecyclingCo.,Ltd.,HuanjiaGroup,WangBingde,ZhangXueyinandWangRenping,requiringthemtoreturnprepaymentandpayliquidateddamages. | 3,562.89 | No | Thecaseisreheardandinthefirstinstance. | Thecaseisreheardandinthefirstinstance.Basedontheprincipleofprudence,theCompanyhasaccruedcorrespondingimpairmentreservesinaccordancewithaccountingpolicies. | Thecaseisintrial | 1June2021 | http://www.cninfo.com.cn/new/index |
| Becauseofadisputeoverapurchaseandsalescontract,theCompany'ssubsidiary,KonkaHuanjiaEnvironmentalTechnologyCo.,Ltd.,suedZhejiangZhijieRenewableResourcesRecyclingCo.,Ltd.,HuanjiaGroup,WangBingde,ZhangXueyinandWangRenping,requiringthemtoreturnprepaymentandpayliquidateddamages. | 3,562.89 | No | Thecaseisreheardandinthefirstinstance. | Thecaseisreheardandinthefirstinstance.Basedontheprincipleofprudence,theCompanyhasaccruedcorrespondingimpairmentreservesinaccordancewithaccountingpolicies. | Thecaseisintrial | 1June2021 | http://www.cninfo.com.cn/new/index |
| Becauseofadisputeoverapurchaseandsalescontract,theCompany'ssubsidiary,KonkaHuanjiaEnvironmentalTechnologyCo.,Ltd.,suedZhejiangXinkaiRenewableResourcesRecyclingCo.,Ltd.,HuanjiaGroup,WangBingde,ZhangXueyinandWangRenping,requiringthemtoreturnprepaymentandpayliquidated | 3,562.89 | No | Thecaseisreheardandinthefirstinstance. | Thecaseisreheardandinthefirstinstance.Basedontheprincipleofprudence,theCompanyhasaccruedcorrespondingimpairmentreservesin | Thecaseisintrial | 1June2021 | http://www.cninfo.com.cn/new/index |
damages.
| damages. | accordancewithaccountingpolicies. | ||||||
| Becauseofadisputeoverapurchaseandsalescontract,theCompany'ssubsidiary,KonkaHuanjiaEnvironmentalTechnologyCo.,Ltd.,suedHenanHuanjiaTrustEnvironmentalProtectionTechnologyCo.,Ltd.,HuanjiaGroup,WangBingde,ZhangXueyinandWangRenping,requiringthemtoreturnprepaymentandpayliquidateddamages. | 3,358.8 | No | Thecaseisreheardandinthefirstinstance. | Thecaseisreheardandinthefirstinstance.Basedontheprincipleofprudence,theCompanyhasaccruedcorrespondingimpairmentreservesinaccordancewithaccountingpolicies. | Thecaseisintrial | 1June2021 | http://www.cninfo.com.cn/new/index |
| Becauseofadisputeoverapurchaseandsalescontract,theCompany'ssubsidiary,KonkaHuanjiaEnvironmentalTechnologyCo.,Ltd.,suedHenanXinchengRenewableResourcesRecyclingCo.,Ltd.,HuanjiaGroup,WangBingde,ZhangXueyinandWangRenping,requiringthemtoreturnprepaymentandpayliquidateddamages. | 3,358.8 | No | Thecaseisreheardandinthefirstinstance. | Thecaseisreheardandinthefirstinstance.Basedontheprincipleofprudence,theCompanyhasaccruedcorrespondingimpairmentreservesinaccordancewithaccountingpolicies. | Thecaseisintrial | 1June2021 | http://www.cninfo.com.cn/new/index |
| Becauseofadisputeoverapurchaseandsalescontract,theCompany'ssubsidiary,KonkaHuanjiaEnvironmentalTechnologyCo.,Ltd.,suedHenanGuozhengEnvironmentalTechnologyCo.,Ltd.,HuanjiaGroup,WangBingde,ZhangXueyinandWangRenping,requiringthemtoreturnprepaymentandpayliquidateddamages. | 2,090 | No | Thecaseisreheardandinthefirstinstance. | Thecaseisreheardandinthefirstinstance.Basedontheprincipleofprudence,theCompanyhasaccruedcorrespondingimpairmentreservesinaccordancewithaccountingpolicies. | Thecaseisintrial | 1June2021 | http://www.cninfo.com.cn/new/index |
| Becauseofadisputeoveratrustcontract,theCompany’ssubsidiary,HenanFrestecRefrigerationApplianceCo.,Ltd.suedShenzhenMeisenyuanPlasticElectronicsCo.,Ltd.,ShantouMeisenTechnologyCo.,Ltd.,LinYuanqin,HuangRuirong,ChuangfuCommerce&TradePlazaRealEstateDevelopment(Huizhou)Co.,Ltd.,requiringanordertoterminatethecontract,andthemreturnthepaymentforgoods,payliquidateddamagesandgiveprioritytothemortgagedproperty. | 4,211.33 | No | Thecasehasenteredtheexecutionphase. | TheCompanywonandthecaseisinexecution. | Thecaseisinexecution. | 1December2021 | http://www.cninfo.com.cn/new/index |
| Becauseofadisputeoveratrustcontract,theCompany’ssubsidiary,HainanKonkaMaterialTechnologyCo.,Ltd.suedShenzhenMeisenyuanPlasticElectronicsCo.,Ltd.,ShantouMeisenTechnologyCo.,Ltd.,JiangsuEastChinaHardwareCity | 6,806.6 | No | Thecaseisbeingheardinthesecondinstance. | Thecaseisbeingheardinthesecondinstance. | Thecaseisintrial | 1December2021 | http://www.cninfo.com.cn/new/index |
Co.,Ltd.,requiringanordertoterminatethecontract,andthemreturnthepaymentforgoods,payliquidateddamagesandgiveprioritytothemortgagedproperty.
| Co.,Ltd.,requiringanordertoterminatethecontract,andthemreturnthepaymentforgoods,payliquidateddamagesandgiveprioritytothemortgagedproperty. | |||||||
| Becauseofadisputeoverrepurchase,theCompanysuedLuoZaotong,LuoJingxia,LuoZongyin,LuoZongwuandShenzhenYaodeTechnologyCo.,Ltd.,requiringanordertopaythesharerepurchaseandinterests. | 24,875.22 | No | Thecasehasenteredtheexecutionphase. | TheCompanywonandthecaseisinexecution. | Thecaseisinexecution. | 1December2021 | http://www.cninfo.com.cn/new/index |
Note:CourtsorarbitrationbodiesruledinfavoroftheCompanyinthefollowingcaseswhicharecurrentlyunderenforcement.DetailsofthesecasescanbefoundintheCompany'sAnnouncementonLargeAmountPendingLawsuitsandArbitrationsdisclosedon25June2019(AnnouncementNo.2019-63),theAnnouncementonAccumulativeLawsuitsandArbitrationsdisclosedon19September2020(AnnouncementNo.2020-97),theAnnouncementonAccumulativeLawsuitsandArbitrationsdisclosedon1June2021(AnnouncementNo.2021-48),theAnnouncementonAccumulativeLawsuitsandArbitrationsdisclosedon1December2021(AnnouncementNo.2021-101),theAnnouncementonAccumulativeLawsuitsandArbitrationsdisclosedon24November2022(AnnouncementNo.2022-89),theAnnouncementonAccumulativeLawsuitsandArbitrationsdisclosedon1June2023(AnnouncementNo.2023-37),theAnnouncementonAccumulativeLawsuitsandArbitrationsdisclosedon22June2023(AnnouncementNo.2023-39)andtheCompany'speriodicreports:1.Asmaturednoteswerefailedtobeaccepted,theCompanyhasfiledalawsuitwiththecourttorequestChinaEnergyElectricFuelCo.,Ltd.,ChinaEnergy(Shanghai)EnterpriseCo.,Ltd..,ShanghaiNengpingindustrialCo.,Ltd.,andShenzhenQianhaiBaoyingFactoringCo.,Ltd.topaythebillandthecorrespondinginteresttotheCompany;2.Asmaturednoteswerefailedtobeaccepted,theCompanyhasfiledalawsuitwiththecourttorequestShanghaiHuaxinInternationalGroupCo.,Ltd.andTianjinInternationalTradePetrochemicalCo.,Ltd.topaythebillandthecorrespondinginteresttotheCompany;3.Asmaturednoteswerefailedtobeaccepted,theCompanyhasfiledalawsuitwiththecourttorequestShanghaiHuaxinInternationalGroupCo.,Ltd.QingdaoBondedZhongsheInternationalTradingCo.,Ltd.andShenzhenQianhaiBenniuAgriculturalTechnologyCo.,Ltd.topaythebillandthecorrespondinginteresttotheCompany;4.Asaconsequenceofthenon-paymentofabilluponitsexpiry,KongkaFactoringhasinstitutedlegalproceedingsbeforethecourt.ThelawsuitseeksaninjunctiveordermandatingTaheGroupCo.,Ltd.,FuzhouTaijiaIndustrialCo.,Ltd.,andXiamenLianchuangMicroelectronicsCo.,Ltd.toremitpaymentforthebillamount,alongwiththecorrespondinginterest,toKongkaFactoring.;5.Asmaturednoteswerefailedtobeaccepted,theCompanyhasfiledalawsuitwiththecourttorequestHefeiHuajunTradingCo.,Ltd.andWuhanJialianAgriculturalTechnologyDevelopmentCo.,Ltd.topaythebillandthecorrespondinginteresttotheCompany;6.Duetodisputearisenfromalogisticscontract,theCompany’ssubsidiaryAnhuiKonkafiledalawsuittorequestthefreightforwarderShanghaiTriangleLinkLogisticsCo.,Ltd.ShenzhenBranchtomakecompensation;7.Duetocontractdispute,theCompany’ssubsidiaryShenzhenNianhuaappliedforarbitrationtorequesttherespondentFangXianglongandJiangYantomakecompensationforcorrespondingannualprofitandfundpossessioncost;8.Duetopaymentdispute,theCompany’ssubsidiaryHongKongKonkaappliedforanarbitrationtoShenzhenCourtofInternationalArbitrationtorequesttherespondentMakenaElectronic(HongKong)topayforgoodsandliquidateddamages;9.Becauseofadisputeovercapitalincrease,theCompany'ssubsidiary,ShenzhenKonkaInvestmentHoldingCo.,Ltd.,appliedforarbitrationwiththeShenzhenCourtofInternationalArbitration(SCIA),requestingtherespondents,ElionResourcesGroupandElionEcologicalCo.,Ltd.,toperformtherepurchaseobligation;10.Asaresultofadisputestemmingfromaninternationalsaleofgoodscontract,AnhuiKonkaElectronicCo.,Ltd.,asubsidiaryoftheCompany,hasinitiatedlegalproceedingsagainstMaoxinyuanElectronics(HongKong)Co.,Ltd.Thelawsuitseeksaninjunctiveordercompellingtherespondenttopaytheapplicanttheoverduepaymentinterestlosses;11.Asaresultofadisputearisingfromaninternationalsaleofgoodscontract,AnhuiKangzhiTradeCo.,Ltd.,asubsidiaryoftheCompany,hasinitiatedlegalproceedingsagainstB<ECHNOLOGYCO.,LIMITED.Thelawsuitseeksaninjunctiveordercompellingtherespondenttopaythepurchaseprice,aswellasanypenaltiesforbreachofcontract.12.Becauseofadisputeoverapurchaseandsalescontract,theCompany'ssubsidiary,KonkaHuanjiaEnvironmentalTechnologyCo.,Ltd.,suedDalianGuangxinEnvironmentalProtectionEquipmentTechnologyDevelopmentCo.,Ltd.,requiringthelattertoreturnequipmentpaymentalreadymadeandpayliquidateddamages.13.Becauseofadisputeoveracontract,theCompanyfiledalawsuitwithZhengzouIntermediatePeople'sCourt,requiringHenanRadioandTelevisionNetworkCo.,Ltd.totakedeliveryofgoods,makepaymentforgoods,andpayinterestandliquidateddamagesaccordingtothecontract.14.Asaresultofcontractualdisputes,ShenzhenKonkaUnifortuneTechnologyCo.,Ltd.,asubsidiaryoftheCompany,hasinitiatedlegalproceedingsagainstShenzhenYaodeTechnologyCo.,Ltd.,
DongshengXinluoTechnology(Shenzhen)Co.,Ltd.,ShenzhenHongyaoDingshengInvestmentManagementLimitedPartnership,ShenzhenXiangruiYingtongInvestmentManagementLimitedPartnership,LuoJingxia,LuoZongwu,LuoZongyin,LuoZaotong,andLuoSaiyin,seekingrestitutionforgoodsreceivedandclaimingdamagesforbreachofcontract.15.OnaccountoftheinfringementoftheCompany’strademarkrightsandthepracticeofunfaircompetition,alawsuithasbeeninstitutedbytheCompanyagainstXinshangElectronicsCo.,Ltd.,locatedinFu’anCity,aswellasFujianZhaoguanIndustryandTradeCo.,Ltd.,JinhuaKangjiaMedicalEquipmentFactory,andWangJun,seekinganinjunctiveordertohalttheinfringement,andclaimingcompensationforanyincurredlosses.Thefollowingcaseshavebeendisclosedincurrentannouncementsandperiodicreportsandarecurrentlyintrial.DetailsofthesecasescanbefoundintheCompany'sAnnouncementonLargeAmountPendingLawsuitsandArbitrationsdisclosedon25June2019(AnnouncementNo.2020-97)andtheAnnouncementonAccumulatedLawsuitsandArbitrationsdisclosedon1June2021(AnnouncementNo.2021-48)andtheAnnouncementonAccumulativeLawsuitsandArbitrationsdisclosedon1December2021(AnnouncementNo.2021-101),theAnnouncementonAccumulativeLawsuitsandArbitrationsdisclosedon24November2022(AnnouncementNo.2022-89),theAnnouncementonAccumulativeLawsuitsandArbitrationsdisclosedon1June2023(AnnouncementNo.2023-37),theAnnouncementonAccumulativeLawsuitsandArbitrationsdisclosedon22June2023(AnnouncementNo.2023-39)andtheCompany'speriodicreports:1.ThecustomerofHongKongKonka,H-BUSTERSAOPAULOINDUSTRIAECOMERCIOS.A(Brazil)wasinsolvent,andobtainedtheapprovalofthejudicialreorganizationapplicationofCotiaThirdCivilCourtoftheCourtofSaoPaulo,BrazilinMay2013.AsthecreditorofH-BUSTER,HongKongKonkafiledthedebtdeclarationdocuments,andinAugust2014,theamountconfirmedofdebtwasUSD2.78million.2.Becauseofadisputeoveranagencyagreement,theCompany'ssubsidiary,HenanFrestecRefrigerationApplianceCo.,Ltd.,suedShantouMeisenTechnologyCo.,Ltd.,ShenzhenMeisenyuanPlasticElectronicsCo.,Ltd.,LinYuanqin,HuangRuirong,JiangsuHuadongHardwareZoneCo.,Ltd.,andChuangfuCommerce&TradePlazaRealEstateDevelopment(Huizhou)Co.,Ltd.,requestingtoterminatethecontractandrequestingthemtoreturnthepaymentofgoodsandliquidateddamagesandpriorityshallbegiventothepaymentforthesecuredassets,andthecasewasheardinthesecondtrial;3.BecauseofadisputeoveranAgencyAgreement,theCompany'ssubsidiary,AnhuiKonkaElectronicsTechnologyCo.,Ltd.suedShenzhenMeisenyuanPlasticElectronicsCo.,Ltd.,ShantouMeisenTechnologyCo.,Ltd.,LinYuanqin,HuangRuirong,JiangsuHuadongHardwareZoneCo.,Ltd.,requestingtoterminatethecontractandrequestingthemtoreturnthepaymentofgoodsandliquidateddamagesandpriorityshallbegiventothepaymentforthesecuredassets;4.BecauseofadisputeoveranAgencyAgreement,theCompany'ssubsidiary,AnhuiKonkaElectronicsTechnologyCo.,Ltd.suedShantouMeisenTechnologyCo.,Ltd.,ShenzhenMeisenyuanPlasticElectronicsCo.,Ltd.,LinYuanqin,HuangRuirong,JiangsuHuadongHardwareZoneCo.,Ltd.,requestingtoterminatethecontractandrequestingthemtoreturnthepaymentofgoodsandliquidateddamagesandpriorityshallbegiventothepaymentforthesecuredassets;5.Inviewofadisputearisingfromacommissioncontract,ShenzhenKonkaPengrunTechnology&IndustryCo.,Ltd.,asubsidiaryoftheCompany,hasinstitutedlegalproceedingsagainstGuang’anOuchishiElectronicTechnologyCo.,Ltd.,GuanHongshao,HuayingGaokeDeElectronicTechnologyCo.,Ltd.,HuayingGaokeLongElectronicTechnologyCo.,Ltd.,GuizhouJiaguidaTechnologyCo.,Ltd.,SichuanHongrongyuanPropertyCo.,Ltd.,DuXinyu,LinBolong,andWangShisheng,seekinganorderforthedefendantstopaythepurchasepriceandclaimingdamagesforbreachofcontract;6.Inviewofadisputearisingfromaloancontract,theCompanyhasinitiatedlegalproceedingsagainstYantaiKangyueInvestmentCo.,Ltd.,seekinganorderforthedefendanttorepaytheloanandinterest;7.Duetoadisputearisingfromaguaranteecontract,HongKongKonkaLimited,asubsidiaryoftheCompany,hasinitiatedlegalproceedingsagainstXuXiang,ZhengBaoyao,KeHanhua,andShenzhenJinzhongIndustryCo.,Ltd.,seekinganorderforthedefendantstoassumeguaranteeliability;8Asaresultofadisputearisingfromaninternationalsaleofgoodscontract,JiaxinTechnologyCo.,Ltd.,asubsidiaryoftheCompany,hasinitiatedlegalproceedingsagainstDingxinElectronicTechnology(HongKong)Co.,Ltd.,ChenWenhuan,andChenBaohong,seekinganorderforthedefendantstopayforthegoodsandclaimingdamagesforbreachofcontract;9.Asaresultofadisputearisingfromaguaranteecontract,AnhuiKonkaElectronicCo.,Ltd.,asubsidiaryoftheCompany,hasinitiatedlegalproceedingsagainstMaoxinyuanElectronics(Shenzhen)Co.,Ltd.,seekinganorderforthedefendanttoassumejointguaranteeliabilitytotheplaintiff;10.Duetoadisputearisingfromaninstallmentpurchasecontract,WuRonghasinstitutedlegalproceedingsagainsttheCompanyanditssubsidiary,ShenzhenKonkaElectronicsTechnologyCo.,Ltd.,seekinganorderforthepaymentofthepurchasepriceandoverduepaymentinteresttotheplaintiff;11.Asaresultofadisputearisingfromacontract,ShenzhenOrientalEntrepreneurshipInvestmentCo.,Ltd.hasinitiatedlegalproceedingsagainsttheCompany,seekinganorderforthepaymentoftherepurchaseamountandclaimingdamagesforbreachofcontract.12.Asaresultofadisputearisingfromathird-partyobjectiontoexecution,KonkaHuanjiaEnvironmentalTechnologyCo.,Ltd.,asubsidiaryoftheCompany,hasinstitutedlegalproceedingsagainstFuxinBankCo.,Ltd.andHuanjiaGroupCo.,Ltd.,seekinganorderfromthe
courttoaffirmtheplaintiff’sownershipofthegoodsandtoexcludethedefendant’sexecution.13.Asaresultofadisputearisingfromathird-partyobjectiontoexecution,KonkaHuanjiaEnvironmentalTechnologyCo.,Ltd.,asubsidiaryoftheCompany,hasinstitutedlegalproceedingsagainstFuxinBankCo.,Ltd.andDalianJinjiaMaterialsRecyclingCo.,Ltd.,seekinganorderfromthecourttoaffirmtheplaintiff’sownershipofthegoodsandtoexcludethedefendant’sexecution.14.Duetoadisputearisingfromathird-partyobjectiontoexecution,KonkaHuanjiaEnvironmentalTechnologyCo.,Ltd.,asubsidiaryoftheCompany,hasinstitutedlegalproceedingsagainstFuxinBankCo.,Ltd.,DalianJinkaisxuanRenewableResourceAcquisitionChainCo.,Ltd.,DalianYingtaiPaperCo.,Ltd.,DalianZhanhongRenewableResourceRecyclingCo.,Ltd.,andWangJinping,seekinganorderfromthecourttoaffirmtheplaintiff’sownershipofthegoodsandtoexcludethedefendant’sexecution.15.Duetoacontractualdispute,ShenzhenKonkaUnifortuneTechnologyCo.,Ltd.,asubsidiaryoftheCompany,filedalawsuitagainstShenzhenJunxingCommunicationTechnologyCo.,Ltd.,GumeiElectronics(Hongkong)TechnologyLimited,ShenzhenHongxingfengdaIndustrialDevelopmentCo.,Ltd.,ShenzhenJunxingJunyeElectronicsCo.,Ltd.,ZengJiankai,ZhangZhenyu,HerewinTechnologyGroup(HK)Co.,Ltd.,ZhangLixia,AnhuiBaolinIndustrialCo.,Ltd.,ZengQingpeng,andZhongYuhuatoreturnthepaymentforgoodsandpaythecorrespondingliquidateddamages.16.Duetoanequityrepurchasedispute,theCompany’ssubsidiaryShenzhenNianhuaEnterpriseManagementCo.,Ltd.hasinitiatedlegalproceedingsagainstFangXianglongandJiangYantorepurchasetheequityandpaythecorrespondingrepurchaseprice.17.Duetoapurchaseandsalescontract,theCompany’ssubsidiaryKonkaHuanjiaEnvironmentalTechnologyCo.,Ltd.appealedagainstXuJianhuaandGuangxiBGNewMaterialsCo.,Ltd.torequestthecourttorefuseXuJianhua'sallclaimsandrequestGuangxiBGNewMaterialsCo.,Ltd.tomakepaymentforgoodsandpayliquidateddamages.18.Duetoapurchaseandsalescontract,theCompany’ssubsidiarySichuanKonkaSmartTerminalTechnologyCo.,Ltd.filedalawsuitagainstShenzhenJunxingCommunicationTechnologyCo.,Ltd.,ShenzhenHongxingfengdaIndustrialDevelopmentCo.,Ltd.,ShenzhenJunxingJunyeElectronicsCo.,Ltd.,LiuyangHuaichuanHeyuanshanzhuangCo.,Ltd.,ZengJiankai,andZhongYuhua,requestingthemtomakepaymentforgoodsandpayliquidateddamages.19.Duetoadisputeoveranequitytransferagreement,theCompanyfiledalawsuitagainstBeijingLangruihaotengTechnologyDevelopmentCo.,Ltd.,BeijingBeidaJadeBirdSecuritySystemEngineeringTechnicalCo.,Ltd.,andBeijingJingruihaotengTechnologyDevelopmentCo.,Ltd.,seekingthefinalpaymentoftheequitytransfer.20.Duetoacontractualdispute,theCompany’ssubsidiaryKonkaMobilityCo.,LimitedfiledalawsuitagainstHongKongJoinStarElectronicsInternationalLimited,ZengJiankai,andZhongYuhua,requestingthemtomakepaymentforgoodsandpayliquidateddamages.21.Duetoadisputeoverthecancellationofcreditor'srights,theCompany’ssubsidiaryAnhuiKonkaElectronicCo.,Ltd.filedalawsuitagainstWuRongandMakenaElectronic(Shenzhen)Co.,Ltd.,seekingforthecancellationoftheAgreementontheTransferofCreditor'sRightsandtherelevantsupplementalagreementpreviouslysignedbythedefendants.
22.Duetoapurchaseandsalescontract,SichuanShuwuGuangrunLogisticsCo.,Ltd.filedalawsuitagainsttheCompany’ssubsidiaryDongguanKonkaElectronicCo.,Ltd.,requestingthelattertomakepaymentforgoodsandpayliquidateddamages.23.Duetoadisputeoverbankruptcy,XinxiangJiahuiDakeluoCraftsProductsCo.,Ltd.filedalawsuitagainsttheCompany’ssubsidiaryHenanFrestecRefrigerationApplianceCo.,Ltd.,requestingaconfirmationthattheperiod-endexcessVATpaidthathadbeenreturnedbythetaxauthoritytothedefendantshouldhavebeenotherpropertiestobedistributed.24.Duetoapurchaseandsalescontractofinternationalgoods,MicroCrystalTransferGroupLtd.filedalawsuitagainsttheCompany’ssubsidiaryChongqingKonkaOptoelectronicTechnologyResearchInstituteCo.,Ltd.,requestingthelattertomakepaymentforgoodsandpayliquidateddamages.25.Duetoacontractualdispute,theCompanyfiledalawsuitagainstZhuXinming,LengSumin,GongqingchengJinzhuanrongInvestmentManagementPartnership(LimitedPartnership),andGongqingchengXinruiInvestmentManagementPartnership(LimitedPartnership),requestingthemtopaytheperformancecompensation.Otherlegalmatters:
□Applicable√NotapplicableIXPunishmentsandRectifications
√Applicable□Notapplicable
Name
| Name | Type | Reason | Typeofpunishment | Conclusion(ifany) | Disclosuredate | Disclosureindex |
| KonkaGroupCo.,Ltd. | Other | Somepurchaseandsaletransactions,conductedbytheCompany'srelevantsubsidiaries | Chargingcorrection | Therefore,theShenzhenBureauoftheChinaSecuritiesRegulatoryCommission(CSRCShenzhen)decidedto | 4January2023 | http://www.cninfo.com.cn/new/index |
from2020to2021,didnothavecommercialsubstance,therecognitionofincomeandcostsofwhichwasshortofevidence.Consequently,financialdatadisclosedinthecorrespondingperiodicreportoftheCompanywereinaccurate.
| from2020to2021,didnothavecommercialsubstance,therecognitionofincomeandcostsofwhichwasshortofevidence.Consequently,financialdatadisclosedinthecorrespondingperiodicreportoftheCompanywereinaccurate. | takearegulatorymeasure,requestingtheCompanytomakeacorrection,inaccordancewithItem1,Article52oftheMeasuresfortheAdministrationofInformationDisclosurebyListedCompaniesandArticle21oftheRulesfortheOn-siteInspectionofListedCompanies(ZH.J.H.G.G.[2022]No.21). |
Informationonrectification
√Applicable□NotapplicableAsoftheendoftheReportingPeriod,theCompanyhadcompletedallremediationtasksinlinewiththerelevantregulatoryrequirements.Fordetails,seetheReportontheRemediationBasedontheCorrectiveMeasuresoftheShenzhenBureauoftheChinaSecuritiesRegulatoryCommissionagainsttheCompany(AnnouncementNo.:2023-09)disclosedbytheCompanyonhttp://www.cninfo.com.cn/new/indexon25February2023.XCreditQualityoftheCompanyaswellasitsControllingShareholderandDeFactoController
□Applicable√NotapplicableXIMajorRelated-PartyTransactions
1.ContinuingRelated-PartyTransactions
√Applicable□Notapplicable
| Relatedparty | RelationshipwiththeCompany | Typeoftransaction | Specifictransaction | Pricingprinciple | Transactionprice | Totalvalue(RMB’0,000) | As%oftotalvalueofallsame-typetransactions | Approvedtransactionline(RMB’0,000) | Overtheapprovedlineornot | Methodofsettlement | Obtainablemarketpriceforsame-typetransactions | Disclosuredate | Indextodisclosedinformation |
| OCTEnterprisesCo.,Ltdanditssubsidiaries | Underthesameactualcontroller | Purchaseofcommoditiesandservices | Propertymanagement,utilities,officeleases | Negotiatedprice | Marketprice | 3,400.78 | 0.70% | 10,000.00 | Not | Cash | N/A | 28March2023 | http://www.cninfo.com.cn/new/index |
| OCT | Und | Sales | Saleof | Negot | Marke | 3,184. | 0.66% | 20,000.00 | Not | Cash | N/A | 28 |
EnterprisesCo.,Ltdanditssubsidiaries
| EnterprisesCo.,Ltdanditssubsidiaries | erthesameactualcontroller | ofgoodsandservices | TVs,intelligentterminals,etc.andcollectionofinstallationchargesforsmartTVterminals | iatedprice | tprice | 81 | March2023 | ||||||
| Total | -- | -- | 6,585.59 | -- | 30,000.00 | -- | -- | -- | -- | -- | |||
| Large-amountsalesreturnindetail | N/A | ||||||||||||
| GivetheactualsituationintheReportingPeriod(ifany)whereanestimatehadbeenmadeforthetotalvalueofcontinuingrelated-partytransactionsbytypetooccurintheReportingPeriod | TheCompanyhaspublishedtheForecastingPublicNoticeonRoutineRelated-partyTransactionforY2023onSecuritiesTimes,ShanghaiSecuritiesNews,andChinaSecuritiesJournalaswellastheInternetwebsitedesignatedbyCSRChttp://http://www.cninfo.com.cn/new/indexon28March2023.IntheReportingPeriod,thebasisforpricing,transactionprice,transactionamountandsettlementmethodsofrawmaterialspurchasedbytheCompanywerebasicallyinaccordancewiththeforecast.ThetotalamountincurredwasRMB65.8559million. | ||||||||||||
| Reasonforanysignificantdifferencebetweenthetransactionpriceandthemarketreferenceprice(ifapplicable) | N/A | ||||||||||||
2.Related-PartyTransactionsRegardingPurchaseorDisposalofAssetsorEquityInvestments
□Applicable√NotapplicableNosuchcasesintheReportingPeriod.
3.Related-PartyTransactionsRegardingJointInvestmentsinThirdParties
□Applicable√NotapplicableNosuchcasesintheReportingPeriod.
4.CreditsandLiabilitieswithRelatedParties
√Applicable□NotapplicableIndicatebytickmarkwhethertherewereanycreditsandliabilitieswithrelatedpartiesfornon-operatingpurposes.
√Yes□NoNocreditsreceivablewithrelatedpartiesLiabilitiespayabletorelatedparties:
Related
party
| Relatedparty | Relatedrelationship | Formingreason | Beginningbalance(RMB’0,000) | IncreasedintheReportingPeriod(RMB’0,000) | RecoveredintheReportingPeriod(RMB’0,000) | Interestrate | InterestintheReportingPeriod(RMB’0,000) | Endingbalance(RMB’0,000) |
| OCTEnterprisesCo.,Ltd. | Controllingshareholder | TheCompanyappliesentrustedloantoit | 131,091.00 | 0.00 | 0.00 | 3.45% | 2,273.88 | 131,091.00 |
| 50,000.00 | 0.00 | 0.00 | 3.45% | 867.29 | 50,000.00 | |||
| 70,000.00 | 0.00 | 0.00 | 3.45% | 1,214.21 | 70,000.00 | |||
| EffectsofliabilitieswithrelatedpartiesontheCompany’soperatingresultsandfinancialconditions | TheCompanyappliesentrustedloanfromOCTEnterprisesCo.,Ltd.whichmeetstheneedsofthecompany'sexistingbusinessdevelopmentandreducesthefinancingcost. | |||||||
5.TransactionswithRelatedFinanceCompanies
□Applicable√NotapplicableTheCompanydidnotmakedepositsin,receiveloansorcreditfromandwasnotinvolvedinanyotherfinancebusinesswithanyrelatedfinancecompanyoranyotherrelatedparties.
6.TransactionswithRelatedPartiesbyFinanceCompaniesControlledbytheCompany
□Applicable√NotapplicableThefinancecompanycontrolledbytheCompanydidnotmakedeposits,receiveloansorcreditfromandwasnotinvolvedinanyotherfinancebusinesswithanyrelatedparties.
7.OtherMajorRelated-PartyTransactions
√Applicable□Notapplicable
(1)GuaranteeLimitsforAffiliatedCompanies:The7thmeetingofthe10thBoardofDirectorson24February2023andtheFirstExtraordinaryGeneralMeetingofShareholdersin2023on13March2023,passedtheproposalProvidingGuaranteeLimitsforChuzhouKangjinHealthIndustryDevelopmentCo.,Ltd.TheCompanyprovidedacreditguaranteelimitofRMB259.7millionforChuzhouKangjinHealthIndustryDevelopmentCo.,Ltd.accordingtoitsshareholdingproportion,withaguaranteelimitvalidforfourteenyears.ThiscreditguaranteelimitwasusedtoapplyforloansfrombanksbyChuzhouKangjinHealthIndustryDevelopmentCo.,Ltd.OthershareholdersofChuzhouKangjinHealthIndustryDevelopmentCo.,Ltd.willprovideguaranteesforitbasedontheirrespectiveshareholdingproportions,togetherwiththeCompany.
(2)ApplicationforComprehensiveCreditLimitfromChinaEverbrightBankCo.,Ltd.:The7thmeetingofthe10thBoardofDirectorson24February2023,approvedtheproposalApplicationforComprehensiveCreditLimitfromChinaEverbrightBankCo.,Ltd.TheCompanyappliedfora
comprehensivecreditlimitnotexceedingRMB1.5billionfromChinaEverbrightBankCo.,Ltd.tomeetitsdailyoperatingcapitalneeds.Duringthereportingperiod,theongoingcreditamountoftheCompanywithChinaEverbrightBankCo.,Ltd.wasRMB1billion.
(3)Counter-guaranteesforBankCreditFacilitiesApplication:The7thmeetingofthe10thBoardofDirectorson24February2023andtheFirstExtraordinaryGeneralMeetingofShareholdersin2023on13March2023,approvedtheproposalProvidingCounter-guaranteesforBankCreditFacilitiesApplicationbytheCompany.Toreducefinancingcosts,OverseasChineseTownHoldingsCompanyprovidedaguaranteefortheCompany’sbankcreditfacilitiesapplication,notexceedingRMB1billion.Inturn,theCompanyofferedcounter-guaranteestoOverseasChineseTownGroupofanequalamountandterm,withancounter-guaranteeamountnotexceedingRMB1billion,andaguaranteelimitvalidforamaximumofthreeyears.Indextothepublicannouncementsaboutthesaidrelated-partytransactionsdisclosed
Titleofpublicannouncement
| Titleofpublicannouncement | Disclosuredate | Disclosurewebsite |
| AnnouncementontheProvisionofGuaranteeLineforJointStockCompanyandtheRelated-partyTransaction | 25February2023 | http://www.cninfo.com.cn/new/index |
| AnnouncementontheApplicationtoChinaEverbrightBankforComprehensiveCreditLine&theRelated-partyTransaction | 25February2023 | |
| AnnouncementontheProvisionofCounter-guaranteefortheApplicationtoBankforCreditLine&theRelated-partyTransaction | 25February2023 |
XIIMajorContractsandExecutionthereof
1.Entrustment,ContractingandLeases
(1)Entrustment
□Applicable√NotapplicableNosuchcasesintheReportingPeriod.
(2)Contracting
□Applicable√NotapplicableNosuchcasesintheReportingPeriod.
(3)Leases
√Applicable□NotapplicableNotetoleasesNosignificantleasesintheReportingPeriod.TherentalrevenueofKonkaR&DBuildingwasapproximatelyRMB33,880,986.04intheReportingPeriod.Theprojectbringingaboutgainsorlossesasover10%oftotalprofitintheReportingPeriod
□Applicable√NotapplicableNosuchcasesintheReportingPeriod.
2.MajorGuarantees
√Applicable□Notapplicable
Unit:RMB'0,000
GuaranteesprovidedbytheCompanyanditssubsidiariesforexternalparties(exclusiveofthoseforsubsidiaries)
| GuaranteesprovidedbytheCompanyanditssubsidiariesforexternalparties(exclusiveofthoseforsubsidiaries) | ||||||||||
| Obligor | Disclosuredateoftheguaranteelineannouncement | Lineofguarantee | Actualoccurrencedate | Actualguaranteeamount | Typeofguarantee | Collateral(ifany) | Counterguarantee(ifany) | Termofguarantee | Havingexpiredornot | Guaranteeforarelatedpartyornot |
| EconTechnology | 28April2022 | 50,000 | 8July2022 | 2,498 | Joint-liability | No | Not | Oneyear | Not | Not |
| 27July2022 | 749 | Joint-liability | No | Not | Oneyear | Not | Not | |||
| 16August2022 | 25 | Joint-liability | No | Not | Oneyear | Not | Not | |||
| 6September2022 | 200 | Joint-liability | No | Not | Oneyear | Not | Not | |||
| 30September2022 | 3,747 | Joint-liability | No | Not | Twoyears | Not | Not | |||
| 23November2022 | 2,748 | Joint-liability | No | Not | Oneandahalfyears | Not | Not | |||
| 22May2023 | 1,499 | Joint-liability | No | Not | Oneyear | Not | Not | |||
| 10May2023 | 3,747 | Joint-liability | No | Not | Oneyear | Not | Not | |||
| FoshanPearlRiverMediaCreativeParkCultureDevelopmentCo.,Ltd. | 28April2022 | 1,372 | 17May2022 | 980 | Joint-liability | No | Not | Sixyears | Not | Not |
| JiangxiXinxinJian’anEngineeringCo.,Ltd. | 10,000 | 12December2016 | 10,000 | Joint-liability | No | Not | Not | Not | ||
| JiangxiZhongyiDecorationMaterialsCo.,Ltd. | 10,000 | 12December2016 | 10,000 | Joint-liability | No | Not | Not | Not | ||
| JiangxiShanshiTechnologicalDevelopmentCo.,Ltd. | 10,000 | 12December2016 | 10,000 | Joint-liability | No | Not | Not | Not | ||
| OCTGroup | 30March2022 | 270,000 | 8September2022 | 60,000 | Joint-liability | No | Not | Threeyears | Not | Yes |
| 18October | 60,000 | Joint-liability | No | Not | Threeyears | Not | Yes | |||
2022
| 2022 | ||||||||||||
| TotalapprovedlineforsuchguaranteesintheReportingPeriod(A1) | 131,770 | TotalactualamountofsuchguaranteesintheReportingPeriod(A2) | 5,246 | |||||||||
| TotalapprovedlineforsuchguaranteesattheendoftheReportingPeriod(A3) | 878,142 | TotalactualbalanceofsuchguaranteesattheendoftheReportingPeriod(A4) | 166,193 | |||||||||
| GuaranteesprovidedbetweentheCompanyandsubsidiaries | ||||||||||||
| Obligor | Disclosuredateoftheguaranteelineannouncement | Lineofguarantee | Actualoccurrencedate | Actualguaranteeamount | Typeofguarantee | Collateral(ifany) | Counterguarantee(ifany) | Termofguarantee | Havingexpiredornot | Guaranteeforarelatedpartyornot | ||
| AnhuiTongchuang | 25February2023 | 55,000 | 2June2022 | 3,000 | Joint-liability | No | Not | Oneyearandahalf | Not | Not | ||
| 5July2022 | 5,000 | Joint-liability | No | Not | Oneyear | Not | Not | |||||
| 19October2022 | 10,000 | Joint-liability | No | Not | Oneyear | Not | Not | |||||
| 6February2023 | 10,000 | Joint-liability | No | Not | Oneyear | Not | Not | |||||
| BoluoPrecision | 28April2022and25February2023 | 12,500 | 19August2020 | 2,480 | Joint-liability | No | Not | Threeyears | Not | Not | ||
| 25August2022 | 3,000 | Joint-liability | No | Not | Oneyear | Not | Not | |||||
| 19January2023 | 4,000 | Joint-liability | No | Not | Oneyear | Not | Not | |||||
| 2March2023 | 3,000 | Joint-liability | No | Not | Threeyears | Not | Not | |||||
| ElectronicsTechnology | 25February2023 | 100,000 | 24November2022 | 8,500 | Joint-liability | No | Not | Oneyear | Not | Not | ||
| 10October2022 | 50,000 | Joint-liability | No | Not | Oneyear | Not | Not | |||||
| DongguanKonka | 24March2021and25February2023 | 90,000 | 24March2023 | 5,000 | Joint-liability | No | Not | Oneyear | Not | Not | ||
| 23June2021 | 80,000 | Joint-liability | No | Not | Tenyears | Not | Not | |||||
| XingDaHongYe | 19September2018 | 10,000 | 25December2020 | 2,000 | Joint-liability | No | OthershareholderofXingDaHongYeprovidesacounterguaranteefortheCompanyfor49%oftheguaranteeline | Threeyears | Not | Not | ||
| 31May2021 | 750 | Joint-liability | No | Twoyearsandahalf | Not | Not | ||||||
| JiangxiKonka | 31October | 60,000 | 6November2020 | 10,000 | Joint-liability | No | OthershareholderofJiangxiKonka | Threeyears | Not | Not | ||
2018
| 2018 | 26June2022 | 6,000 | Joint-liability | No | providesacounterguaranteefortheCompanyfor49%oftheguaranteeline | Twoyears | Not | Not | ||
| 29September2020 | 10,000 | Joint-liability | No | Threeyears | Not | Not | ||||
| 10March2022 | 990 | Joint-liability | No | Twoyears | Not | Not | ||||
| 30December2020 | 1,000 | Joint-liability | No | Threeyears | Not | Not | ||||
| XinfengMicrocrystalline | 30March2019 | 25,000 | 8December2020 | 2,100 | Joint-liability | No | OthershareholderofXinfengMicrocrystallineprovidesacounterguaranteefortheCompanyfor49%oftheguaranteeline | Threeyears | Not | Not |
| 29December2022 | 7,200 | Joint-liability | No | Oneyear | Not | Not | ||||
| 30June2023 | 7,200 | Joint-liability | No | Oneyear | Not | Not | ||||
| JiangxiHighTransparentSubstrate | 30March2019 | 45,000 | 10March2022 | 990 | Joint-liability | No | OthershareholderofJiangxiHighTransparentSubstrateprovidesacounterguaranteefortheCompanyfor49%oftheguaranteeline | Twoyears | Not | Not |
| SichuanKonka | 24March2021and25February2023 | 20,000 | 23May2023 | 4,000 | Joint-liability | No | No | Threeyears | Not | Not |
| NingboKhrElectricAppliance | 28April2022 | 12,000 | 12August2021 | 6,000 | Joint-liability | No | No | Twoyears | Not | Not |
| 12July2022 | 6,000 | Joint-liability | No | No | Oneyear | Not | Not | |||
| YibinKangrun | 24October2020 | 10,000 | 13November2020 | 10,000 | Joint-liability | No | OthershareholderofYibinKangrunprovidesacounterguaranteefortheCompanyfor33%oftheguaranteeline | Fouryears | Not | Not |
| TelecommunicationTechnology | 28April2022 | 20,000 | 20May2022 | 7,500 | Joint-liability | No | No | Oneandahalfyears | Not | Not |
| AnhuiKonka | 28April2022 | 110,000 | 10August2021 | 28,000 | Joint-liability | No | OthershareholderofAnhuiKonkaprovidesacounterguaranteefortheCompanyfor22%oftheguaranteeline | Tenyears | Not | Not |
| 29October2021 | 7,000 | Joint-liability | No | Fiveyears | Not | Not | ||||
| 13September2022 | 10,000 | Joint-liability | No | Oneyear | Not | Not | ||||
| 18August2022 | 5,500 | Joint-liability | No | Oneyear | Not | Not | ||||
| 22August2022 | 18,000 | Joint-liability | No | Oneyear | Not | Not |
24October2022
| 24October2022 | 7,000 | Joint-liability | No | Fouryears | Not | Not | |||||||
| 19September2022 | 7,000 | Joint-liability | No | Oneyear | Not | Not | |||||||
| 25June2023 | 5,000 | Joint-liability | No | Fiveyears | Not | Not | |||||||
| KonkaCircuit | 24March2021 | 50,000 | 24May2021 | 20,000 | Joint-liability | No | No | Threeandahalfyears | Not | Not | |||
| 14September2022 | 5,000 | Joint-liability | No | Oneyear | Not | Not | |||||||
| MobileInterconnection | 28April2022and25February2023 | 15,000 | 11August2022 | 7,000 | Joint-liability | No | No | Oneyear | Not | Not | |||
| LiaoyangKangshun | 24March2021and28April2022 | 20,000 | 6January2023 | 5,000 | Joint-liability | No | No | Oneyear | Not | Not | |||
| KonkaXinyunSemiconductor | 24March2021 | 30,000 | 12July2021 | 20,000 | Joint-liability | No | No | Fiveyears | Not | Not | |||
| 26May2022 | 6,000 | Joint-liability | No | No | Twoyears | Not | Not | ||||||
| YibinKonkaIntelligent | 24March2021 | 10,000 | 23May2023 | 980 | Joint-liability | No | No | Oneyearandahalf | Not | Not | |||
| ChongqingKonka | 24March2021 | 55,600 | 13December2022 | 38,000 | Joint-liability | No | No | Fifteenyears | Not | Not | |||
| FrestecSmartHome | 28April2022 | 12,240 | 6July2022 | 10,200 | Joint-liability | No | No | Eightyears | Not | Not | |||
| KonkaSoftElectronic | 28April2022 | 19,000 | 19December2022 | 975 | Joint-liability | No | No | Fouryears | Not | Not | |||
| Xi'anKanghongTechnologyIndustryDevelopmentCo.,Ltd. | 25February2023 | 30,000 | 26May2023 | 30,000 | Joint-liability | No | No | Tenyears | Not | Not | |||
| TotalapprovedlineforsuchguaranteesintheReportingPeriod(B1) | 275,845 | TotalactualamountofsuchguaranteesintheReportingPeriod(B2) | 74,180 | ||||||||||
| TotalapprovedlineforsuchguaranteesattheendoftheReportingPeriod(B3) | 1,789,147 | TotalactualbalanceofsuchguaranteesattheendoftheReportingPeriod(B4) | 496,365 | ||||||||||
| Guaranteesprovidedbetweensubsidiaries | |||||||||||||
| Obligor | Disclosuredateoftheguaranteeline | Lineofguarant | Actualoccurrencedate | Actualguarante | Typeofguarantee | Collateral(ifany) | Counterguarantee(ifany) | Termofguarantee | Havingexpired | Guaranteeforarelate | |||
announce
ment
| announcement | ee | eamount | ornot | dpartyornot | |||||||||
| AnhuiElectricalAppliance | 13,500 | 3July2020 | 13,500 | Mortgage,pledge | Lands,houseproperty,equityinterests | No | Threeyears | Not | Not | ||||
| TotalapprovedlineforsuchguaranteesintheReportingPeriod(C1) | 1,530 | TotalactualamountofsuchguaranteesintheReportingPeriod(C2) | 0 | ||||||||||
| TotalapprovedlineforsuchguaranteesattheendoftheReportingPeriod(C3) | 15,030 | TotalactualbalanceofsuchguaranteesattheendoftheReportingPeriod(C4) | 13,500 | ||||||||||
| Totalguaranteeamount(totalofthethreekindsofguaranteesabove) | |||||||||||||
| TotalguaranteelineapprovedintheReportingPeriod(A1+B1+C1) | 409,145 | TotalactualguaranteeamountintheReportingPeriod(A2+B2+C2) | 79,426 | ||||||||||
| TotalapprovedguaranteelineattheendoftheReportingPeriod(A3+B3+C3) | 2,682,319 | TotalactualguaranteebalanceattheendoftheReportingPeriod(A4+B4+C4) | 676,058 | ||||||||||
| Totalactualguaranteeamount(A4+B4+C4)as%oftheCompany’snetassets | 89.88% | ||||||||||||
| Ofwhich: | |||||||||||||
| Balanceofguaranteesprovidedforshareholders,actualcontrollerandtheirrelatedparties(D) | 120,000 | ||||||||||||
| Balanceofdebtguaranteesprovideddirectlyorindirectlyforobligorswithanover70%debt/assetratio(E) | 676,058 | ||||||||||||
| Amountbywhichthetotalguaranteeamountexceeds50%oftheCompany’snetassets(F) | 299,950 | ||||||||||||
| Totalofthethreeamountsabove(D+E+F) | 676,058 | ||||||||||||
| JointresponsibilitiespossiblyborneintheReportingPeriodforundueguarantees(ifany) | N/A | ||||||||||||
| Provisionofexternalguaranteesinbreachoftheprescribedprocedures(ifany) | N/A | ||||||||||||
Compoundguarantees:
None
3.CashEntrustedforWealthManagement
√Applicable□NotapplicableOverviewofcashentrustedforwealthmanagementintheReportingPeriod
Unit:RMB’0,000
| Type | Fundingsource | Amount | Undueamount | Unrecoveredoverdueamount | Unrecoveredoverdueamountwithprovisionforimpairment |
| Trustfinancialproducts | Self-owned | 10,000.00 | 10,000.00 | 0.00 | 0.00 |
| Total | 10,000.00 | 10,000.00 | 0.00 | 0.00 | |
High-riskentrustedwealthmanagementwithsignificantsingleamountorlowsecurityandpoorliquidity:
□Applicable√NotapplicableWhetherthereisthecasewheretheprincipalcannotberecoveredatmaturityorothercasewhichmaycauseimpairmentforentrustedwealthmanagement
□Applicable√Notapplicable
4.OtherMajorContracts
□Applicable√NotapplicableNosuchcasesintheReportingPeriod.XIIIOtherSignificantEvents
√Applicable□Notapplicable(I)Initiationandestablishmentoffunds:ThetotalscaleoftheOriental-KonkaIndustryM&AFundwasRMB1,001,000,000.ShenzhenKonkaInvestmentHoldingCo.,Ltd.contributedRMB500million,accountingfor49.95%ofthetotalunits.Bythedateofthisreport,ShenzhenKonkaInvestmentHoldingCo.,Ltd.hascontributedRMB487,344,000.ThefundinvestedinJiangxiYahuaElectronicMaterialsCo.,Ltd.,GenewTechnologiesCo.,Ltd.,etc.ThetotalscaleoftheKunshan-CITIC-KonkaEmergingIndustryDevelopmentInvestmentFundwasRMB1,006,000,000.ShenzhenKonkaInvestmentHoldingCo.,Ltd.contributedRMB500million,accountingfor49.70%ofthetotalunits.Bythedateofthisreport,ShenzhenKonkaInvestmentHoldingCo.,Ltd.hascontributedRMB195.21million.ThefundinvestedinUNIONTECH,HerculesMicrosystems(HME),etc.ThetotalscaleoftheTongxiangWuzhenJiayuDigitalEconomicIndustryFundwasRMB500million.ShenzhenKonkaInvestmentHoldingCo.,Ltd.contributedRMB200million,accountingfor40%ofthetotalunits.Bythedateofthisreport,ShenzhenKonkaInvestmentHoldingCo.,Ltd.hascontributedRMB200,000,000.ThefundinvestedinFeidiTechnology(Shenzhen)Co.,Ltd.,AllystarTechnology(Shenzhen)Co.,Ltd.,etc.ThetotalscaleofYanchengKangyanIndustryInvestmentFunwasRMB3,000million.ShenzhenKonkaInvestmentHoldingCo.,Ltd.andShenzhenKonkaCapitalEquityInvestmentManagementCo.,Ltd.contributedRMB1201,500,000,accountingfor40.05%ofthetotalunits.Bythedateofthisreport,ShenzhenKonkaInvestmentHoldingCo.,Ltd.andShenzhenKonkaCapitalEquityInvestmentManagementCo.,Ltd.havecontributedRMB217.36million.ThefundinvestedinAnhuiZhongdianXingfaandXinlongCo.,Ltd.,ChongqingE2infoTechnologyCo.,Ltd.,etc.ThetotalscaleofYibinKanghuiElectronicInformationIndustryEquityInvestmentFundwasRMB1,002,000,000.ShenzhenKonkaInvestmentHoldingCo.,Ltd.andShenzhenKonkaCapitalEquityInvestmentManagementCo.,Ltd.contributedRMB401million,accountingfor40.02%ofthetotalunits.Bytheissuancedateofthisreport,ShenzhenKonkaInvestmentHoldingCo.,Ltd.
hascontributedRMB104million.ThefundinvestedinChongqingE2infoTechnologyCo.,Ltd.,etc.ThetotalscaleofChongqingKangxinEquityInvestmentFundwasRMB2billion.ShenzhenKonkaInvestmentHoldingCo.,Ltd.andShenzhenKonkaCapitalEquityInvestmentManagementCo.,Ltd.contributedRMB1billion,accountingfor50%ofthetotalunits.Bythedateofthisreport,ShenzhenKonkaInvestmentHoldingCo.,Ltd.andShenzhenKonkaCapitalEquityInvestmentManagementCo.,Ltd.havecontributedRMB148,248,300.ThefundinvestedinShanghaiVEIGLOInformationSystemCo.,Ltd.,JiangxiTaideWisdomTechnologyCo.,Ltd.,etc.(II)Disclosureindexofsignificantinformation
AnnouncementNo.
| AnnouncementNo. | Date | Title | Pageonnewspaper | Websitelink |
| 2023-01 | 2023/1/4 | AnnouncementonReceivingtheShenzhenBureauoftheChinaSecuritiesRegulatoryCommission'sDecisiontoTakeCorrectiveMeasuresagainstKonkaGroupCo.,Ltd. | SecuritiesDailyB108,ShanghaiSecuritiesNews116,etc. | http://www.cninfo.com.cn/new/index |
| 2023-02 | 2023/1/17 | AnnouncementonResolutionsoftheSixthMeetingoftheTenthBoardofDirectors | SecuritiesDailyB31,ShanghaiSecuritiesNews17,etc. | |
| 2023-03 | 2023/1/17 | AnnouncementonProposedSaleofSomeofEquityinChutianDragonCo.,Ltd. | SecuritiesDailyB31,ShanghaiSecuritiesNews17,etc. | |
| 2023-04 | 2023/1/17 | AnnouncementonProposedSaleofSomeofEquityinWuhanTianyuanEnvironmentalProtectionCo.,Ltd. | SecuritiesDailyB26,ShanghaiSecuritiesNews17,etc. | |
| 2023-05 | 2023/1/18 | AnnouncementonProgressintheProvisionofExternalGuarantee | SecuritiesDailyB75,ShanghaiSecuritiesNews81,etc. | |
| 2023-06 | 2023/1/31 | 2022ResultForecast | SecuritiesDailyB143,ShanghaiSecuritiesNews148,etc. | |
| 2023-07 | 2023/2/25 | AnnouncementonResolutionsoftheSeventhMeetingoftheTenthBoardofDirectors | SecuritiesDailyB57,ShanghaiSecuritiesNews41,etc. | |
| 2023-08 | 2023/2/25 | AnnouncementonResolutionsoftheFourthMeetingoftheTenthBoardofSupervisors | SecuritiesDailyB58,ShanghaiSecuritiesNews41,etc. | |
| 2023-09 | 2023/2/25 | ReportontheRemediationBasedontheCorrectiveMeasuresoftheShenzhenBureauoftheChinaSecuritiesRegulatoryCommissionagainsttheCompany | SecuritiesDailyB58,ShanghaiSecuritiesNews41,etc. | |
| 2023-10 | 2023/2/25 | AnnouncementonExternalGuarantee | SecuritiesDailyB57,ShanghaiSecuritiesNews41,etc. | |
| 2023-11 | 2023/2/25 | AnnouncementonProvidingSecurityLimittoandConductingConnectedTransactionwithShareholdingCompany | SecuritiesDailyB57,ShanghaiSecuritiesNews41,etc. | |
| 2023-12 | 2023/2/25 | NoticeonConvening2023FirstExtraordinaryGeneralMeeting | SecuritiesDailyB57,ShanghaiSecuritiesNews41,etc. | |
| 2023-13 | 2023/2/25 | AnnouncementonProvidingFinancialAssistancetoShandongEconTechnologyCo.,Ltd.atShareholdingRatio | SecuritiesDailyB58,ShanghaiSecuritiesNews41,etc. | |
| 2023-14 | 2023/2/25 | AnnouncementonApplyingforaComprehensiveLineofCredittoandConductingConnectedTransactionswithChinaEverbrightBank | SecuritiesDailyB57,ShanghaiSecuritiesNews41,etc. | |
| 2023-15 | 2023/2/25 | AnnouncementonProvidingCounterGuaranteeandConductingConnectedTransactionforApplyingforBankCreditBusiness | SecuritiesDailyB50,ShanghaiSecuritiesNews41,etc. | |
| 2023-16 | 2023/2/25 | AnnouncementonProgressofGuaranteeProvisionforWholly-ownedCompany | SecuritiesDailyB58,ShanghaiSecuritiesNews41,etc. | |
| 2023-17 | 2023/3/14 | AnnouncementonResolutionsof2023FirstExtraordinaryGeneralMeeting | SecuritiesDailyB49,ShanghaiSecuritiesNews41,etc. |
2023-18
| 2023-18 | 2023/3/28 | 2022AnnualReport | SecuritiesDailyB178,ShanghaiSecuritiesNews177,etc. |
| 2023-19 | 2023/3/28 | Abstractof2022AnnualReport | SecuritiesDailyB178,ShanghaiSecuritiesNews177,etc. |
| 2023-20 | 2023/3/28 | AnnouncementonResolutionsoftheEighthMeetingoftheTenthBoardofDirectors | SecuritiesDailyB178,ShanghaiSecuritiesNews177,etc. |
| 2023-21 | 2023/3/28 | AnnouncementonResolutionsoftheFifthMeetingoftheTenthBoardofSupervisors | SecuritiesDailyB178,ShanghaiSecuritiesNews177,etc. |
| 2023-22 | 2023/3/28 | AnnouncementonExpectedRoutineConnectedTransactionsin2023 | SecuritiesDailyB178,ShanghaiSecuritiesNews177,etc. |
| 2023-23 | 2023/3/28 | AnnouncementonPlanofProfitDistributionfor2022 | SecuritiesDailyB178,ShanghaiSecuritiesNews177,etc. |
| 2023-24 | 2023/3/28 | AnnouncementonAccrualofAssetImpairmentReservesfor2022 | SecuritiesDailyB178,ShanghaiSecuritiesNews177,etc. |
| 2023-25 | 2023/4/4 | AnnouncementonChangeinAccountingMethodofShareholdingCompany | SecuritiesDailyB90,ShanghaiSecuritiesNews65,etc. |
| 2023-26 | 2023/4/4 | AnnouncementonProposedSaleofSomeofEquityinChutianDragonCo.,Ltd. | SecuritiesDailyB90,ShanghaiSecuritiesNews65,etc. |
| 2023-27 | 2023/4/4 | AnnouncementonResolutionsoftheNinthMeetingoftheTenthBoardofDirectors | SecuritiesDailyB90,ShanghaiSecuritiesNews65,etc. |
| 2023-28 | 2023/4/4 | AnnouncementonHolding2022OnlineResultRelease | SecuritiesDailyB90,ShanghaiSecuritiesNews65,etc. |
| 2023-29 | 2023/4/29 | 2023Q1Report | SecuritiesDailyB1204,ShanghaiSecuritiesNews988,etc. |
| 2023-30 | 2023/4/29 | AnnouncementonProgressofGuaranteeProvisionforWholly-ownedCompany | SecuritiesDailyB1204,ShanghaiSecuritiesNews988,etc. |
| 2023-31 | 2023/4/29 | AnnouncementonSomeAccountingPolicyChanges | SecuritiesDailyB1204,ShanghaiSecuritiesNews988,etc. |
| 2023-32 | 2023/5/13 | AnnouncementonthePostponementofReplytoInquiryLetteron2022AnnualReportfromShenzhenStockExchange | SecuritiesDailyB128,ShanghaiSecuritiesNews12,etc. |
| 2023-33 | 2023/5/19 | AnnouncementonResolutionsof11thMeetingoftheTenthBoardofDirectors | SecuritiesDailyB21,ShanghaiSecuritiesNews36,etc. |
| 2023-34 | 2023/5/20 | AnnouncementonReplytoInquiryLetteron2022AnnualReportfromShenzhenStockExchange | SecuritiesDailyB173-B174,ShanghaiSecuritiesNews161,etc. |
| 2023-35 | 2023/5/27 | AnnouncementonResolutionsof12thMeetingoftheTenthBoardofDirectors | SecuritiesDailyB42,ShanghaiSecuritiesNews100,etc. |
| 2023-36 | 2023/5/27 | NoticeonConvening2022Shareholders'GeneralMeeting | SecuritiesDailyB42,ShanghaiSecuritiesNews100,etc. |
| 2023-37 | 2023/6/1 | AnnouncementonAccumulativeLawsuitsandArbitrations | SecuritiesDailyB32,ShanghaiSecuritiesNews41,etc. |
| 2023-38 | 2023/6/20 | AnnouncementonResolutionsof2022Shareholders'GeneralMeeting | SecuritiesDailyB100,ShanghaiSecuritiesNews57,etc. |
| 2023-39 | 2023/6/22 | AnnouncementonAccumulativeLawsuitsandArbitrations | SecuritiesDailyB93,ShanghaiSecuritiesNews73,etc. |
| 2023-40 | 2023/6/22 | AnnouncementonProgressintheProvisionofExternalGuarantee | SecuritiesDailyB93,ShanghaiSecuritiesNews73,etc. |
XIVSignificantEventsofSubsidiaries
□Applicable√Notapplicable
PartVIIShareChangesandShareholderInformationIShareChanges
1.ShareChanges
Unit:share
Before
| Before | Increase/decreaseintheReportingPeriod(+/-) | After | |||||||
| Shares | Percentage(%) | Newissues | Sharesasdividendconvertedfromprofit | Sharesasdividendconvertedfromcapitalreserves | Other | Subtotal | Shares | Percentage(%) | |
| 1.Restrictedshares | 0 | 0.00% | 0 | 0.00% | |||||
| 2.Unrestrictedshares | 2,407,919,408 | 100.00% | 2,407,919,408 | 100.00% | |||||
| 2.1RMB-denominatedordinaryshares | 1,596,567,800 | 66.31% | 1,596,567,800 | 66.31% | |||||
| 2.2Domesticallylistedforeignshares | 811,351,608 | 33.69% | 811,351,608 | 33.69% | |||||
| 3.Totalshares | 2,407,945,408 | 100.00% | 2,407,945,408 | 100.00% | |||||
Reasonsforthesharechanges:
□Applicable√NotapplicableApprovalofthesharechanges:
□Applicable√NotapplicableTransferofshareownership:
□Applicable√NotapplicableProgressonanysharerepurchase:
□Applicable√NotapplicableProgressonreducingtherepurchasedsharesbymeansofcentralizedbidding:
□Applicable√NotapplicableEffectsofthesharechangesonthebasicanddilutedearningspershare,equitypershareattributabletotheCompany’sordinaryshareholdersandotherfinancialindicatorsoftheprioryearandtheprioraccountingperiod,respectively:
□Applicable√Notapplicable
OtherinformationthattheCompanyconsidersnecessaryorisrequiredbythesecuritiesregulatortobedisclosed:
□Applicable√Notapplicable
2.ChangesinRestrictedShares
□Applicable√NotapplicableIIIssuanceandListingofSecurities
□Applicable√NotapplicableIIIShareholdersandTheirHoldingsasatthePeriod-End
Unit:share
Numberofordinaryshareholders
| Numberofordinaryshareholders | 85,260 | Numberofpreferredshareholderswithresumedvotingrights(ifany)(seenote8) | 0 | ||||||||
| 5%orgreaterordinaryshareholdersortop10ordinaryshareholders | |||||||||||
| Nameofshareholder | Natureofshareholder | Shareholdingpercentage | Totalordinarysharesheldattheperiod-end | Increase/decreaseintheReportingPeriod | Restrictedordinarysharesheld | Unrestrictedordinarysharesheld | Sharesinpledge,markedorfrozen | ||||
| Status | Shares | ||||||||||
| OVERSEASCHINESETOWNHOLDINGSCOMPANY | State-ownedlegalperson | 21.75% | 523,746,932 | 0 | 0 | 523,746,932 | |||||
| CITICSECURITIESBROKERAGE(HONGKONG)CO.,LTD. | Foreignlegalperson | 7.48% | 180,001,110 | 0 | 0 | 180,001,110 | |||||
| WANGJINGFENG | Domesticnaturalperson | 4.15% | 100,000,000 | -5,000,000 | 0 | 100,000,000 | |||||
| GUOYUANSECURITIESBROKER(HK)CO.,LTD. | Foreignlegalperson | 2.45% | 58,927,225 | -300,000 | 0 | 58,927,225 | |||||
| HOLYTIMEGROUPLIMITED | Foreignlegalperson | 2.38% | 57,289,100 | 0 | 0 | 57,289,100 | |||||
| GAOLINGFUND,L.P. | Foreignlegalperson | 2.19% | 52,801,250 | 0 | 0 | 52,801,250 | |||||
| NAMNGAI | Foreignnaturalperson | 0.96% | 23,000,000 | -19,800 | 0 | 23,000,000 | |||||
| CHINAMERCHANTSSECURITIES(HK)LIMITED | State-ownedlegalperson | 0.80% | 19,314,220 | -143,500 | 0 | 19,314,220 | |||||
| BOCOMINTERNATIONALSECURITIESLIMITED | Foreignlegalperson | 0.78% | 18,896,037 | 0 | 0 | 18,896,037 | |||||
| ZHANGSUFEN | Domesticnaturalperson | 0.55% | 13,360,000 | 13,360,000 | 0 | 13,360,000 | |||||
| Strategicinvestororgenerallegalpersonbecomingatop-10ordinaryshareholderduetorightsissue(if | N/A | ||||||||||
any)(seenote3)
| any)(seenote3) | ||||||
| Relatedoracting-in-concertpartiesamongtheshareholdersabove | HappyBloomInvestmentLimited,awholly-ownedsubsidiaryoftheCompany’sfirstmajorityshareholderOverseasChineseTownHoldingsCompany(OCTGroup),holds180,001,110and18,360,000ordinarysharesintheCompanyrespectivelythroughCITICSecuritiesBrokerage(HongKong)Co.,Ltd.andChinaMerchantsSecurities(HK)Limited.HappyBloomInvestmentLimitedandOCTGrouparepartiesactinginconcert.Otherthanthat,itisunknownwhethertheothershareholdersarerelatedpartiesoracting-in-concertpartiesornot. | |||||
| Explainifanyoftheshareholdersabovewasinvolvedinentrusting/beingentrustedwithvotingrightsorwaivingvotingrights | N/A | |||||
| Specialaccountforsharerepurchases(ifany)amongthetop10shareholders(seenote11) | None | |||||
| Top10unrestrictedordinaryshareholders | ||||||
| Nameofshareholder | Unrestrictedordinarysharesheldattheperiod-end | Sharesbytype | ||||
| Type | Shares | |||||
| OVERSEASCHINESETOWNHOLDINGSCOMPANY | 523,746,932 | RMB-denominatedordinarystock | 523,746,932 | |||
| CITICSECURITIESBROKERAGE(HONGKONG)CO.,LTD. | 180,001,110 | Domesticallylistedforeignstock | 180,001,110 | |||
| WANGJINGFENG | 100,000,000 | RMB-denominatedordinarystock | 100,000,000 | |||
| GUOYUANSECURITIESBROKER(HK)CO.,LTD. | 58,927,225 | Domesticallylistedforeignstock | 58,927,225 | |||
| HOLYTIMEGROUPLIMITED | 57,289,100 | Domesticallylistedforeignstock | 57,289,100 | |||
| GAOLINGFUND,L.P. | 52,801,250 | Domesticallylistedforeignstock | 52,801,250 | |||
| NAMNGAI | 23,000,000 | Domesticallylistedforeignstock | 23,000,000 | |||
| CHINAMERCHANTSSECURITIES(HK)LIMITED | 19,314,220 | Domesticallylistedforeignstock | 19,314,220 | |||
| BOCOMINTERNATIONALSECURITIESLIMITED | 18,896,037 | Domesticallylistedforeignstock | 18,896,037 | |||
| ZHANGSUFEN | 13,360,000 | RMB-denominatedordinarystock | 13,360,000 | |||
| Relatedoracting-in-concertpartiesamongtop10unrestrictedordinaryshareholders,aswellasbetweentop10unrestrictedordinaryshareholdersandtop10shareholders | HappyBloomInvestmentLimited,awholly-ownedsubsidiaryoftheCompany’sfirstmajorityshareholderOverseasChineseTownHoldingsCompany(OCTGroup),holds180,001,110and18,360,000ordinarysharesintheCompanyrespectivelythroughCITICSecuritiesBrokerage(HongKong)Co.,Ltd.andChinaMerchantsSecurities(HK)Limited.HappyBloomInvestmentLimitedandOCTGrouparepartiesactinginconcert.Otherthanthat,itisunknownwhethertheothershareholdersarerelatedpartiesoracting-in-concertpartiesornot. | |||||
| Top10ordinaryshareholdersinvolvedinsecuritiesmargintrading(ifany)(seenote4) | WangJingfengholds100,000,000A-sharesintheCompanythroughhissecuritiesaccountforcustomercredittradingguaranteeinGuotaiJunanSecuritiesCo.,Ltd. | |||||
Indicatebytickmarkwhetheranyofthetop10ordinaryshareholdersorthetop10unrestrictedordinaryshareholdersoftheCompanyconductedanypromissoryrepoduringtheReportingPeriod.
□Yes√NoNosuchcasesintheReportingPeriod.IVChangeinShareholdingsofDirectors,SupervisorsandSeniorManagement
□Applicable√NotapplicableNochangesoccurredtotheshareholdingsofthedirectors,supervisorsandseniormanagementintheReportingPeriod.Seethe2022AnnualReportformoredetails.VChangeoftheControllingShareholderortheDeFactoControllerChangeofthecontrollingshareholderintheReportingPeriod
□Applicable√NotapplicableNosuchcasesintheReportingPeriod.ChangeofthedefactocontrollerintheReportingPeriod
□Applicable√NotapplicableNosuchcasesintheReportingPeriod.
PartVIIIPreferenceShares
□Applicable√NotapplicableNoPreferencesharesintheReportingPeriod.
PartIXBonds
√Applicable□NotapplicableIEnterpriseBonds
□Applicable√NotapplicableNoenterprisebondsintheReportingPeriod.IICorporateBonds
√Applicable□Notapplicable
1.BasicInformationoftheCorporateBonds
Unit:RMB’0,000
Name
| Name | Abbr. | Code | Issuedate | Valuedate | Duedate | Bondsbalance(RMB’0,000) | Interestrate | Wayofredemption | Tradeplace |
| Privatelyplacedcorporatebondsin2021ofKonkaGroupCo.,Ltd(TrancheI) | 21Konka01 | 114894 | 8January2021 | 8January2021 | 8January2024 | 100,000.00 | 4.46% | Interestsshallbepaideveryyearandtheprincipalsshallberepaidwhenexpired. | ShenzhenStockExchange |
| Privatelyplacedcorporatebondsin2021ofKonkaGroupCo.,Ltd(TrancheII) | 21Konka02 | 133003 | 21May2021 | 21May2021 | 21May2024 | 50,000.00 | 4.00% | Interestsshallbepaideveryyearandtheprincipalsshallberepaidwhenexpired. | ShenzhenStockExchange |
| Privatelyplacedcorporatebondsin2021ofKonkaGroupCo.,Ltd(TrancheIII) | 21Konka03 | 133040 | 9July2021 | 9July2021 | 9July2024 | 80,000.00 | 3.95% | Interestsshallbepaideveryyearandtheprincipalsshallberepaidwhenexpired. | ShenzhenStockExchange |
| Corporatebondspubliclyofferedto | 22Konk | 149987 | 14July2022 | 14July2022 | 14July2025 | 120,000.00 | 3.23% | Interestsshallbepaidevery | ShenzhenStock |
professionalinvestorsin2022ofKonkaGroupCo.,Ltd.(TrancheI)(VarietyI)
| professionalinvestorsin2022ofKonkaGroupCo.,Ltd.(TrancheI)(VarietyI) | a01 | yearandtheprincipalsshallberepaidwhenexpired. | Exchange | ||||||
| Privatelyplacedcorporatebondsofferedtoprofessionalinvestorsin2022ofKonkaGroupCo.,Ltd(TrancheI)(VarietyI) | 22Konka03 | 133306 | 8September2022 | 8September2022 | 8September2025 | 60,000.00 | 3.30% | Interestsshallbepaideveryyearandtheprincipalsshallberepaidwhenexpired. | ShenzhenStockExchange |
| Privatelyplacedcorporatebondsofferedtoprofessionalinvestorsin2022ofKonkaGroupCo.,Ltd(TrancheII) | 22Konka05 | 133333 | 18October2022 | 18October2022 | 18October2025 | 60,000.00 | 3.50% | Interestsshallbepaideveryyearandtheprincipalsshallberepaidwhenexpired. | ShenzhenStockExchange |
| Appropriatearrangementoftheinvestors(ifany) | “21Konka01”,“21Konka02”,“21Konka03”,“22Konka03”and“22Konka05”wereplacedprivatelytoprofessionalinvestorsmeetingtherequirementsofmanagementmethodforinvestorseligibilityofShenzhenStockExchange,whichnotexceeding200persons.“22Konka01”wasofferedpubliclytoprofessionalinstitutionalinvestorsmeetingtherequirementsofMeasuresfortheAdministrationofIssuingandTradingCorporateBondsandopeningaqualifiedA-sharesecuritiesaccountinShenzhenBranchofChinaSecuritiesDepositoryandClearingCorporationLimited. | ||||||||
| Applicabletrademechanism | Comprehensiveprotocoltradingplatform:Match-and-deal,click-and-deal,inquire-and-deal,bid-and-deal,andnegotiate-and-deal | ||||||||
| Riskofdelisting(ifany)andcountermeasures | No | ||||||||
Overduebonds
□Applicable√Notapplicable
2.TheTriggerandExecutionoftheOptionClauseoftheIssuersorInvestorsandtheInvestorProtectionClause
□Applicable√Notapplicable
3.AdjustmentofCreditRatingResultsduringtheReportingPeriod
□Applicable√Notapplicable
4.ExecutionandChangesofGuarantee,RepaymentPlanandOtherRepaymentGuaranteeMeasuresaswellasInfluenceonEquityofBondInvestorsduringtheReportingPeriod
□Applicable√NotapplicableIIIDebtFinancingInstrumentsofNon-financialEnterprises
□Applicable√NotapplicableNosuchcasesintheReportingPeriod.IVConvertibleCorporateBonds
□Applicable√NotapplicableNosuchcasesintheReportingPeriod.VLossesofScopeofConsolidatedFinancialStatementsduringtheReportingPeriodExceeding10%ofNetAssetsupthePeriod-endofLastYear
□Applicable√NotapplicableVITheMajorAccountingDataandtheFinancialIndicatorsoftheRecent2YearsoftheCompanyupthePeriod-end
Unit:RMB’0,000
Item
| Item | 30June2023 | 31December2022 | Change |
| Currentratio | 103.35% | 118.17% | -12.54% |
| Debt/assetratio | 78.92% | 77.74% | 1.18% |
| Quickratio | 78.90% | 88.59% | -10.94% |
| H12023 | H12022 | Change | |
| Netprofitbeforeexceptionalgainsandlosses | -89,159.44 | -74,190.82 | -20.18% |
| EBITDA/debtratio | 1.19% | 2.74% | -1.55% |
| Interestcover(times) | -0.11 | 0.89 | -112.36% |
| Cash-to-interestcover(times) | 0.76 | -0.03 | 2,633.33% |
| EBITDA-to-interestcover(times) | 0.89 | 1.72 | -48.26% |
| Debtrepaymentratio(%) | 100.00% | 100.00% | 0.00% |
| Interestpaymentratio(%) | 100.00% | 100.00% | 0.00% |
PartXFinancialStatements
IIndependentAuditor’sReportAretheseinterimfinancialstatementsauditedbyanindependentauditor?
□Yes√NoTheinterimfinancialstatementsoftheCompanyhavenotbeenauditedbyanindependentauditor.IIFinancialStatementsCurrencyunitforthefinancialstatementsandthenotesthereto:RMB
1.ConsolidatedBalanceSheetPreparedbyKonkaGroupCo.,Ltd.30June2023Unit:RMB
Item
| Item | 30June2023 | 1January2023 |
| Currentassets: | ||
| Monetaryassets | 6,908,338,806.16 | 5,988,095,490.71 |
| Settlementreserve | ||
| Interbankloansgranted | ||
| Held-for-tradingfinancialassets | 743,307,489.50 | |
| Derivativefinancialassets | ||
| Notesreceivable | 593,966,294.88 | 1,059,737,243.54 |
| Accountsreceivable | 2,087,994,555.53 | 2,036,734,836.22 |
| Accountsreceivablefinancing | 344,155,903.39 | 237,187,228.44 |
| Prepayments | 516,386,493.09 | 389,947,652.39 |
| Premiumsreceivable | ||
| Reinsurancereceivables | ||
| Receivablereinsurancecontractreserve | ||
| Otherreceivables | 1,415,702,711.35 | 1,442,124,845.58 |
| Including:Interestreceivable | 5,279,505.89 | 3,878,580.64 |
| Dividendsreceivable | 272,999.43 | |
| Financialassetspurchasedunderresaleagreements | ||
| Inventories | 4,658,743,334.04 | 4,409,767,756.22 |
| Contractassets | 432,779.46 | |
| Assetsheldforsale | ||
| Currentportionofnon-currentassets | 3,630,000.00 | 14,630,000.00 |
| Othercurrentassets | 2,418,192,160.84 | 2,038,841,225.83 |
| Totalcurrentassets | 19,690,850,528.24 | 17,617,066,278.93 |
| Non-currentassets: | ||
| Loansandadvancestocustomers | ||
| Investmentsindebtobligations | ||
| Investmentsinotherdebtobligations | ||
| Long-termreceivables | 800,400.00 | 800,400.00 |
Long-termequityinvestments
| Long-termequityinvestments | 5,888,122,429.28 | 6,351,232,955.58 |
| Investmentsinotherequityinstruments | 23,841,337.16 | 23,841,337.16 |
| Othernon-currentfinancialassets | 2,113,570,574.02 | 2,639,662,273.32 |
| Investmentproperty | 1,412,201,694.76 | 802,407,844.60 |
| Fixedassets | 4,021,128,223.39 | 4,114,029,693.38 |
| Constructioninprogress | 1,496,059,340.20 | 1,990,361,377.07 |
| Productivelivingassets | ||
| Oilandgasassets | ||
| Right-of-useassets | 33,487,798.25 | 50,019,838.68 |
| Intangibleassets | 1,073,118,003.41 | 1,116,739,707.27 |
| Developmentcosts | ||
| Goodwill | 22,196,735.11 | 22,196,735.11 |
| Long-termprepaidexpense | 499,711,935.37 | 387,309,503.07 |
| Deferredincometaxassets | 1,356,529,756.06 | 1,201,661,841.23 |
| Othernon-currentassets | 1,293,801,066.80 | 1,710,245,378.26 |
| Totalnon-currentassets | 19,234,569,293.81 | 20,410,508,884.73 |
| Totalassets | 38,925,419,822.05 | 38,027,575,163.66 |
| Currentliabilities: | ||
| Short-termborrowings | 6,779,845,746.13 | 7,579,559,304.97 |
| Borrowingsfromthecentralbank | ||
| Interbankloansobtained | ||
| Held-for-tradingfinancialliabilities | ||
| Derivativefinancialliabilities | ||
| Notespayable | 1,156,546,919.70 | 1,054,573,822.04 |
| Accountspayable | 2,926,985,886.32 | 2,659,946,562.93 |
| Advancesfromcustomers | 825.69 | |
| Contractliabilities | 698,842,722.45 | 601,044,358.35 |
| Financialassetssoldunderrepurchaseagreements | ||
| Customerdepositsandinterbankdeposits | ||
| Payablesforactingtradingofsecurities | ||
| Payablesforunderwritingofsecurities | ||
| Employeebenefitspayable | 182,043,941.42 | 348,608,204.05 |
| Taxespayable | 189,302,632.91 | 291,102,679.36 |
| Otherpayables | 1,728,637,840.76 | 1,895,711,373.34 |
| Including:Interestpayable | 40,524.22 | 29,590,464.00 |
| Dividendspayable | ||
| Handlingchargesandcommissionspayable | ||
| Reinsurancepayables | ||
| Liabilitiesdirectlyassociatedwithassetsheldforsale | ||
| Currentportionofnon-currentliabilities | 5,320,279,660.98 | 409,220,030.69 |
| Othercurrentliabilities | 69,644,865.51 | 68,449,783.71 |
| Totalcurrentliabilities | 19,052,130,216.18 | 14,908,216,945.13 |
| Non-currentliabilities: |
Insurancecontractreserve
| Insurancecontractreserve | ||
| Long-termborrowings | 7,173,408,500.74 | 8,906,931,402.89 |
| Bondspayable | 3,295,556,876.26 | 4,792,392,044.13 |
| Including:Preferredshares | ||
| Perpetualbonds | ||
| Leaseliabilities | 31,184,490.59 | 36,586,639.16 |
| Long-termpayables | 6,873,122.51 | 7,964,127.18 |
| Long-termemployeebenefitspayable | 4,794,271.77 | 4,894,209.73 |
| Provisions | 203,725,006.73 | 159,395,579.55 |
| Deferredincome | 362,363,980.58 | 334,844,966.31 |
| Deferredincometaxliabilities | 209,948,467.19 | 99,030,646.40 |
| Othernon-currentliabilities | 381,807,253.24 | 314,233,260.08 |
| Totalnon-currentliabilities | 11,669,661,969.61 | 14,656,272,875.43 |
| Totalliabilities | 30,721,792,185.79 | 29,564,489,820.56 |
| Owners’equity: | ||
| Sharecapital | 2,407,945,408.00 | 2,407,945,408.00 |
| Otherequityinstruments | ||
| Including:Preferredshares | ||
| Perpetualbonds | ||
| Capitalreserves | 438,115,032.07 | 365,247,361.05 |
| Less:Treasurystock | ||
| Othercomprehensiveincome | -14,260,344.24 | -14,265,181.63 |
| Specificreserve | ||
| Surplusreserves | 1,244,180,364.24 | 1,244,180,364.24 |
| Generalreserve | ||
| Retainedearnings | 3,446,187,777.61 | 3,638,868,004.50 |
| TotalequityattributabletoownersoftheCompanyastheparent | 7,522,168,237.68 | 7,641,975,956.16 |
| Non-controllinginterests | 681,459,398.58 | 821,109,386.94 |
| Totalowners’equity | 8,203,627,636.26 | 8,463,085,343.10 |
| Totalliabilitiesandowners’equity | 38,925,419,822.05 | 38,027,575,163.66 |
Legalrepresentative:ZhouBinCFO:LiChunleiHeadofthefinancialdepartment:PingHeng
2.BalanceSheetoftheCompanyastheParent
Unit:RMB
| Item | 30June2023 | 1January2023 |
| Currentassets: | ||
| Monetaryassets | 4,681,364,336.59 | 3,987,295,740.42 |
| Held-for-tradingfinancialassets | 743,307,489.50 | |
| Derivativefinancialassets | ||
| Notesreceivable | 137,750,227.16 | 353,764,106.66 |
| Accountsreceivable | 5,226,685,955.04 | 4,473,878,994.50 |
| Accountsreceivablefinancing |
Prepayments
| Prepayments | 3,812,656,118.80 | 2,105,477,988.44 |
| Otherreceivables | 9,603,382,043.11 | 10,342,326,355.05 |
| Including:Interestreceivable | 5,279,505.89 | 3,878,580.64 |
| Dividendsreceivable | 397,213,312.02 | 393,563,347.61 |
| Inventories | 412,432,630.23 | 173,658,748.80 |
| Contractassets | ||
| Assetsheldforsale | ||
| Currentportionofnon-currentassets | ||
| Othercurrentassets | 1,901,808,323.47 | 1,581,440,821.79 |
| Totalcurrentassets | 26,519,387,123.90 | 23,017,842,755.66 |
| Non-currentassets: | ||
| Investmentsindebtobligations | ||
| Investmentsinotherdebtobligations | ||
| Long-termreceivables | ||
| Long-termequityinvestments | 8,680,774,584.31 | 9,100,689,137.42 |
| Investmentsinotherequityinstruments | 17,940,215.36 | 17,940,215.36 |
| Othernon-currentfinancialassets | 396,353,137.96 | 396,353,137.96 |
| Investmentproperty | 919,329,277.65 | 439,835,051.61 |
| Fixedassets | 414,004,752.58 | 418,021,638.28 |
| Constructioninprogress | 19,589,149.08 | 481,659,536.66 |
| Productivelivingassets | ||
| Oilandgasassets | ||
| Right-of-useassets | 1,341,125.40 | |
| Intangibleassets | 43,852,430.31 | 65,620,126.31 |
| Developmentcosts | ||
| Goodwill | ||
| Long-termprepaidexpense | 31,771,125.50 | 36,665,581.09 |
| Deferredincometaxassets | 1,165,446,351.89 | 1,127,531,647.49 |
| Othernon-currentassets | 1,346,901.65 | 458,931.60 |
| Totalnon-currentassets | 11,690,407,926.29 | 12,086,116,129.18 |
| Totalassets | 38,209,795,050.19 | 35,103,958,884.84 |
| Currentliabilities: | ||
| Short-termborrowings | 2,239,120,555.52 | 2,217,049,472.22 |
| Held-for-tradingfinancialliabilities | ||
| Derivativefinancialliabilities | ||
| Notespayable | 245,691,757.67 | 890,526,510.04 |
| Accountspayable | 6,684,025,548.31 | 6,918,579,963.57 |
| Advancesfromcustomers | ||
| Contractliabilities | 4,402,224,447.61 | 2,445,363,632.98 |
| Employeebenefitspayable | 30,355,802.08 | 90,137,022.47 |
| Taxespayable | 6,531,359.88 | 4,095,684.11 |
| Otherpayables | 4,064,658,632.17 | 3,941,891,644.62 |
| Including:Interestpayable | 29,271,307.22 | |
| Dividendspayable |
Liabilitiesdirectlyassociatedwithassetsheldforsale
| Liabilitiesdirectlyassociatedwithassetsheldforsale | ||
| Currentportionofnon-currentliabilities | 5,177,362,257.45 | 151,933,839.55 |
| Othercurrentliabilities | 13,581,709.44 | 7,129,729.38 |
| Totalcurrentliabilities | 22,863,552,070.13 | 16,666,707,498.94 |
| Non-currentliabilities: | ||
| Long-termborrowings | 6,383,204,132.03 | 8,261,287,052.44 |
| Bondspayable | 3,295,556,876.26 | 4,792,392,044.13 |
| Including:Preferredshares | ||
| Perpetualbonds | ||
| Leaseliabilities | ||
| Long-termpayables | ||
| Long-termemployeebenefitspayable | ||
| Provisions | 83,683,992.86 | 83,666,032.25 |
| Deferredincome | 41,982,311.04 | 43,377,324.62 |
| Deferredincometaxliabilities | 102,663,652.38 | |
| Othernon-currentliabilities | 47,145,817.65 | 42,948,698.55 |
| Totalnon-currentliabilities | 9,954,236,782.22 | 13,223,671,151.99 |
| Totalliabilities | 32,817,788,852.35 | 29,890,378,650.93 |
| Owners’equity: | ||
| Sharecapital | 2,407,945,408.00 | 2,407,945,408.00 |
| Otherequityinstruments | ||
| Including:Preferredshares | ||
| Perpetualbonds | ||
| Capitalreserves | 313,912,061.57 | 241,044,390.55 |
| Less:Treasurystock | ||
| Othercomprehensiveincome | -1,500,000.00 | -1,500,000.00 |
| Specificreserve | ||
| Surplusreserves | 1,260,024,039.76 | 1,260,024,039.76 |
| Retainedearnings | 1,411,624,688.51 | 1,306,066,395.60 |
| Totalowners’equity | 5,392,006,197.84 | 5,213,580,233.91 |
| Totalliabilitiesandowners’equity | 38,209,795,050.19 | 35,103,958,884.84 |
3.ConsolidatedIncomeStatement
Unit:RMB
| Item | H12023 | H12022 |
| 1.Revenue | 10,472,061,171.94 | 16,895,470,276.81 |
| Including:Operatingrevenue | 10,472,061,171.94 | 16,895,470,276.81 |
| Interestincome | ||
| Insurancepremiumincome | ||
| Handlingchargeandcommissionincome | ||
| 2.Costsandexpenses | 11,506,953,501.55 | 17,954,723,815.95 |
| Including:Costofsales | 10,079,343,784.11 | 16,482,440,621.84 |
| Interestexpense |
Handlingchargeandcommissionexpense
| Handlingchargeandcommissionexpense | ||
| Surrenders | ||
| Netinsuranceclaimspaid | ||
| Netamountprovidedasinsurancecontractreserve | ||
| Expenditureonpolicydividends | ||
| Reinsurancepremiumexpense | ||
| Taxesandsurcharges | 42,718,966.53 | 53,284,971.18 |
| Sellingexpense | 558,536,665.53 | 560,225,684.28 |
| Administrativeexpense | 390,244,567.77 | 354,308,684.51 |
| R&Dexpense | 237,033,893.11 | 237,348,526.56 |
| Financecosts | 199,075,624.50 | 267,115,327.58 |
| Including:Interestexpense | 432,772,700.64 | 465,576,348.06 |
| Interestincome | 123,908,981.38 | 109,353,054.39 |
| Add:Otherincome | 137,917,215.41 | 343,737,322.91 |
| Returnoninvestment(“-”forloss) | 826,829,010.88 | 737,803,536.05 |
| Including:Shareofprofitorlossofjointventuresandassociates | -30,242,661.05 | 59,402,481.72 |
| Incomefromthederecognitionoffinancialassetsatamortizedcost(“-”forloss) | ||
| Exchangegain(“-”forloss) | ||
| Netgainonexposurehedges(“-”forloss) | ||
| Gainonchangesinfairvalue(“-”forloss) | -132,580,077.43 | -638,799.36 |
| Creditimpairmentloss(“-”forloss) | -140,192,679.36 | -78,608,313.56 |
| Assetimpairmentloss(“-”forloss) | -15,283,496.76 | -13,309,988.75 |
| Assetdisposalincome(“-”forloss) | 64,713.62 | 12,782,328.52 |
| 3.Operatingprofit(“-”forloss) | -358,137,643.25 | -57,487,453.33 |
| Add:Non-operatingincome | 17,325,617.18 | 30,492,741.65 |
| Less:Non-operatingexpense | 4,326,608.02 | 3,860,945.80 |
| 4.Profitbeforetax(“-”forloss) | -345,138,634.09 | -30,855,657.48 |
| Less:Incometaxexpense | -16,710,667.58 | -89,346,442.11 |
| 5.Netprofit(“-”fornetloss) | -328,427,966.51 | 58,490,784.63 |
| 5.1Byoperatingcontinuity | ||
| 5.1.1Netprofitfromcontinuingoperations(“-”fornetloss) | -328,427,966.51 | 58,490,784.63 |
| 5.1.2Netprofitfromdiscontinuedoperations(“-”fornetloss) | ||
| 5.2Byownership | ||
| 5.2.1NetprofitattributabletoownersoftheCompanyastheparent | -193,240,232.33 | 173,266,442.52 |
| 5.2.2Netprofitattributabletonon-controllinginterests | -135,187,734.18 | -114,775,657.89 |
| 6.Othercomprehensiveincome,netoftax | -2,932,583.82 | 4,109,281.36 |
| AttributabletoownersoftheCompanyastheparent | 4,837.39 | 3,289,330.41 |
| 6.1Itemsthatwillnotbereclassifiedtoprofitorloss |
6.1.1Changescausedbyremeasurementsondefinedbenefitschemes
| 6.1.1Changescausedbyremeasurementsondefinedbenefitschemes | ||
| 6.1.2Othercomprehensiveincomethatwillnotbereclassifiedtoprofitorlossundertheequitymethod | ||
| 6.1.3Changesinthefairvalueofinvestmentsinotherequityinstruments | ||
| 6.1.4Changesinthefairvaluearisingfromchangesinowncreditrisk | ||
| 6.1.5Other | ||
| 6.2Itemsthatwillbereclassifiedtoprofitorloss | 4,837.39 | 3,289,330.41 |
| 6.2.1Othercomprehensiveincomethatwillbereclassifiedtoprofitorlossundertheequitymethod | -38,929.34 | |
| 6.2.2Changesinthefairvalueofinvestmentsinotherdebtobligations | ||
| 6.2.3Othercomprehensiveincomearisingfromthereclassificationoffinancialassets | ||
| 6.2.4Creditimpairmentallowanceforinvestmentsinotherdebtobligations | ||
| 6.2.5Reserveforcashflowhedges | ||
| 6.2.6Differencesarisingfromthetranslationofforeigncurrency-denominatedfinancialstatements | 4,837.39 | 3,328,259.75 |
| 6.2.7Other | ||
| Attributabletonon-controllinginterests | -2,937,421.21 | 819,950.95 |
| 7.Totalcomprehensiveincome | -331,360,550.33 | 62,600,065.99 |
| AttributabletoownersoftheCompanyastheparent | -193,235,394.94 | 176,555,772.93 |
| Attributabletonon-controllinginterests | -138,125,155.39 | -113,955,706.94 |
| 8.Earningspershare | ||
| 8.1Basicearningspershare | -0.0803 | 0.0720 |
| 8.2Dilutedearningspershare | -0.0803 | 0.0720 |
Legalrepresentative:ZhouBinCFO:LiChunleiHeadofthefinancialdepartment:PingHeng
4.IncomeStatementoftheCompanyastheParent
Unit:RMB
| Item | H12023 | H12022 |
| 1.Operatingrevenue | 671,342,472.97 | 937,174,806.46 |
| Less:Costofsales | 682,543,280.18 | 955,576,781.51 |
| Taxesandsurcharges | 2,825,863.63 | 4,788,176.20 |
| Sellingexpense | 120,609,233.66 | 126,864,858.90 |
| Administrativeexpense | 136,536,029.86 | 112,153,504.59 |
| R&Dexpense | 15,002,427.03 | 51,468,275.26 |
| Financecosts | 158,153,694.90 | 162,133,403.85 |
| Including:Interestexpense | 415,373,817.97 | 431,671,720.01 |
| Interestincome | 181,172,038.86 | 175,006,649.97 |
Add:Otherincome
| Add:Otherincome | 45,777,006.94 | 16,852,496.81 |
| Returnoninvestment(“-”forloss) | 749,413,182.91 | 231,113,070.86 |
| Including:Shareofprofitorlossofjointventuresandassociates | -17,573,675.23 | 76,488,083.68 |
| Incomefromthederecognitionoffinancialassetsatamortizedcost(“-”forloss) | ||
| Netgainonexposurehedges(“-”forloss) | ||
| Gainonchangesinfairvalue(“-”forloss) | -145,356,925.98 | |
| Creditimpairmentloss(“-”forloss) | -22,515,556.31 | -23,046,305.82 |
| Assetimpairmentloss(“-”forloss) | -5,669,387.21 | -4,024,458.06 |
| Assetdisposalincome(“-”forloss) | 18,634.76 | 6,069,332.66 |
| 2.Operatingprofit(“-”forloss) | 177,338,898.82 | -248,846,057.40 |
| Add:Non-operatingincome | 1,209,609.70 | 13,060,831.55 |
| Less:Non-operatingexpense | 2,143,784.68 | 254,158.77 |
| 3.Profitbeforetax(“-”forloss) | 176,404,723.84 | -236,039,384.62 |
| Less:Incometaxexpense | 64,758,360.48 | -80,204,459.87 |
| 4.Netprofit(“-”fornetloss) | 111,646,363.36 | -155,834,924.75 |
| 4.1Netprofitfromcontinuingoperations(“-”fornetloss) | 111,646,363.36 | -155,834,924.75 |
| 4.2Netprofitfromdiscontinuedoperations(“-”fornetloss) | ||
| 5.Othercomprehensiveincome,netoftax | ||
| 5.1Itemsthatwillnotbereclassifiedtoprofitorloss | ||
| 5.1.1Changescausedbyremeasurementsondefinedbenefitschemes | ||
| 5.1.2Othercomprehensiveincomethatwillnotbereclassifiedtoprofitorlossundertheequitymethod | ||
| 5.1.3Changesinthefairvalueofinvestmentsinotherequityinstruments | ||
| 5.1.4Changesinthefairvaluearisingfromchangesinowncreditrisk | ||
| 5.1.5Other | ||
| 5.2Itemsthatwillbereclassifiedtoprofitorloss | ||
| 5.2.1Othercomprehensiveincomethatwillbereclassifiedtoprofitorlossundertheequitymethod | ||
| 5.2.2Changesinthefairvalueofinvestmentsinotherdebtobligations | ||
| 5.2.3Othercomprehensiveincomearisingfromthereclassificationoffinancialassets | ||
| 5.2.4Creditimpairmentallowanceforinvestmentsinotherdebtobligations | ||
| 5.2.5Reserveforcashflowhedges | ||
| 5.2.6Differencesarisingfromthetranslationofforeigncurrency-denominatedfinancialstatements |
5.2.7Other
| 5.2.7Other | ||
| 6.Totalcomprehensiveincome | 111,646,363.36 | -155,834,924.75 |
| 7.Earningspershare | ||
| 7.1Basicearningspershare | ||
| 7.2Dilutedearningspershare |
5.ConsolidatedCashFlowStatement
Unit:RMB
| Item | H12023 | H12022 |
| 1.Cashflowsfromoperatingactivities: | ||
| Proceedsfromsaleofcommoditiesandrenderingofservices | 10,257,069,599.77 | 16,657,583,444.03 |
| Netincreaseincustomerdepositsandinterbankdeposits | ||
| Netincreaseinborrowingsfromthecentralbank | ||
| Netincreaseinloansfromotherfinancialinstitutions | ||
| Premiumsreceivedonoriginalinsurancecontracts | ||
| Netproceedsfromreinsurance | ||
| Netincreaseindepositsandinvestmentsofpolicyholders | ||
| Interest,handlingchargesandcommissionsreceived | ||
| Netincreaseininterbankloansobtained | ||
| Netincreaseinproceedsfromrepurchasetransactions | ||
| Netproceedsfromactingtradingofsecurities | ||
| Taxrebates | 114,042,516.44 | 280,376,794.53 |
| Cashgeneratedfromotheroperatingactivities | 434,232,897.74 | 753,959,635.59 |
| Subtotalofcashgeneratedfromoperatingactivities | 10,805,345,013.95 | 17,691,919,874.15 |
| Paymentsforcommoditiesandservices | 9,023,089,761.99 | 15,956,086,181.59 |
| Netincreaseinloansandadvancestocustomers | ||
| Netincreaseindepositsinthecentralbankandininterbankloansgranted | ||
| Paymentsforclaimsonoriginalinsurancecontracts | ||
| Netincreaseininterbankloansgranted | ||
| Interest,handlingchargesandcommissionspaid | ||
| Policydividendspaid | ||
| Cashpaidtoandforemployees | 961,152,003.48 | 1,001,094,352.68 |
| Taxespaid | 267,360,124.35 | 272,856,476.27 |
| Cashusedinotheroperatingactivities | 755,293,229.37 | 883,142,370.34 |
| Subtotalofcashusedinoperatingactivities | 11,006,895,119.19 | 18,113,179,380.88 |
| Netcashgeneratedfrom/usedinoperatingactivities | -201,550,105.24 | -421,259,506.73 |
| 2.Cashflowsfrominvestingactivities: |
Proceedsfromdisinvestment
| Proceedsfromdisinvestment | 889,008,792.86 | 311,914,738.68 |
| Returnoninvestment | 102,906,034.84 | 66,252,680.29 |
| Netproceedsfromthedisposaloffixedassets,intangibleassetsandotherlong-livedassets | 5,504,209.67 | 823,875.00 |
| Netproceedsfromthedisposalofsubsidiariesandotherbusinessunits | 18,818,889.67 | 297,094,350.04 |
| Cashgeneratedfromotherinvestingactivities | 429,959,598.68 | 2,385,626,424.39 |
| Subtotalofcashgeneratedfrominvestingactivities | 1,446,197,525.72 | 3,061,712,068.40 |
| Paymentsfortheacquisitionoffixedassets,intangibleassetsandotherlong-livedassets | 541,154,096.54 | 2,368,866,405.13 |
| Paymentsforinvestments | 281,204,526.06 | |
| Netincreaseinpledgedloansgranted | ||
| Netpaymentsfortheacquisitionofsubsidiariesandotherbusinessunits | ||
| Cashusedinotherinvestingactivities | 471,154,667.83 | 297,319,897.73 |
| Subtotalofcashusedininvestingactivities | 1,012,308,764.37 | 2,947,390,828.92 |
| Netcashgeneratedfrom/usedininvestingactivities | 433,888,761.35 | 114,321,239.48 |
| 3.Cashflowsfromfinancingactivities: | ||
| Capitalcontributionsreceived | 600,000.05 | 73,710,000.00 |
| Including:Capitalcontributionsbynon-controllingintereststosubsidiaries | 600,000.05 | 73,710,000.00 |
| Borrowingsraised | 6,347,967,876.40 | 13,247,484,343.89 |
| Cashgeneratedfromotherfinancingactivities | 270,299,841.72 | 98,773,506.85 |
| Subtotalofcashgeneratedfromfinancingactivities | 6,618,867,718.17 | 13,419,967,850.74 |
| Repaymentofborrowings | 5,423,409,343.95 | 12,164,709,671.44 |
| Interestanddividendspaid | 417,032,889.60 | 629,096,420.22 |
| Including:Dividendspaidbysubsidiariestonon-controllinginterests | 735,000.00 | |
| Cashusedinotherfinancingactivities | 486,741,862.16 | 413,488,589.33 |
| Subtotalofcashusedinfinancingactivities | 6,327,184,095.71 | 13,207,294,680.99 |
| Netcashgeneratedfrom/usedinfinancingactivities | 291,683,622.46 | 212,673,169.75 |
| 4.Effectofforeignexchangerateschangesoncashandcashequivalents | 44,134,367.10 | 29,437,680.94 |
| 5.Netincreaseincashandcashequivalents | 568,156,645.67 | -64,827,416.56 |
| Add:Cashandcashequivalents,beginningoftheperiod | 5,461,912,010.90 | 5,968,347,219.03 |
| 6.Cashandcashequivalents,endoftheperiod | 6,030,068,656.57 | 5,903,519,802.47 |
6.CashFlowStatementoftheCompanyastheParent
Unit:RMB
| Item | H12023 | H12022 |
| 1.Cashflowsfromoperatingactivities: | ||
| Proceedsfromsaleofcommoditiesandrenderingofservices | 1,612,906,405.48 | 2,354,844,176.86 |
| Taxrebates | 33,601,449.43 | 86,941,251.18 |
Cashgeneratedfromotheroperatingactivities
| Cashgeneratedfromotheroperatingactivities | 125,639,407.49 | 97,266,687.71 |
| Subtotalofcashgeneratedfromoperatingactivities | 1,772,147,262.40 | 2,539,052,115.75 |
| Paymentsforcommoditiesandservices | 1,685,690,002.69 | 2,958,268,595.49 |
| Cashpaidtoandforemployees | 163,714,700.87 | 177,343,007.79 |
| Taxespaid | 6,158,152.38 | 8,874,050.17 |
| Cashusedinotheroperatingactivities | 258,237,321.10 | 570,856,154.42 |
| Subtotalofcashusedinoperatingactivities | 2,113,800,177.04 | 3,715,341,807.87 |
| Netcashgeneratedfrom/usedinoperatingactivities | -341,652,914.64 | -1,176,289,692.12 |
| 2.Cashflowsfrominvestingactivities: | ||
| Proceedsfromdisinvestment | 377,895,533.73 | 243,681,401.96 |
| Returnoninvestment | 45,984,167.78 | 9,191,193.60 |
| Netproceedsfromthedisposaloffixedassets,intangibleassetsandotherlong-livedassets | 463,991.29 | 2,335.00 |
| Netproceedsfromthedisposalofsubsidiariesandotherbusinessunits | ||
| Cashgeneratedfromotherinvestingactivities | 2,247,236,977.19 | 4,144,985,356.98 |
| Subtotalofcashgeneratedfrominvestingactivities | 2,671,580,669.99 | 4,397,860,287.54 |
| Paymentsfortheacquisitionoffixedassets,intangibleassetsandotherlong-livedassets | 64,727,368.50 | 113,204,917.61 |
| Paymentsforinvestments | 77,400,000.00 | 181,192,000.00 |
| Netpaymentsfortheacquisitionofsubsidiariesandotherbusinessunits | ||
| Cashusedinotherinvestingactivities | 1,822,125,825.03 | 3,667,215,872.05 |
| Subtotalofcashusedininvestingactivities | 1,964,253,193.53 | 3,961,612,789.66 |
| Netcashgeneratedfrom/usedininvestingactivities | 707,327,476.46 | 436,247,497.88 |
| 3.Cashflowsfromfinancingactivities: | ||
| Capitalcontributionsreceived | ||
| Borrowingsraised | 5,060,000,000.00 | 11,015,317,707.33 |
| Cashgeneratedfromotherfinancingactivities | 4,539,539,207.19 | 6,900,804,389.29 |
| Subtotalofcashgeneratedfromfinancingactivities | 9,599,539,207.19 | 17,916,122,096.62 |
| Repaymentofborrowings | 3,708,306,940.22 | 9,787,500,000.00 |
| Interestanddividendspaid | 439,526,690.78 | 569,130,713.71 |
| Cashusedinotherfinancingactivities | 5,451,482,339.89 | 6,871,379,554.34 |
| Subtotalofcashusedinfinancingactivities | 9,599,315,970.89 | 17,228,010,268.05 |
| Netcashgeneratedfrom/usedinfinancingactivities | 223,236.30 | 688,111,828.57 |
| 4.Effectofforeignexchangerateschangesoncashandcashequivalents | 6,131,671.92 | 41,903.92 |
| 5.Netincreaseincashandcashequivalents | 372,029,470.04 | -51,888,461.75 |
| Add:Cashandcashequivalents,beginningoftheperiod | 3,833,613,544.22 | 4,682,608,814.76 |
| 6.Cashandcashequivalents,endoftheperiod | 4,205,643,014.26 | 4,630,720,353.01 |
7.ConsolidatedStatementsofChangesinOwners’Equity
H12023Unit:RMB
Item
| Item | H12023 | ||||||||||||||
| EquityattributabletoownersoftheCompanyastheparent | Non-controllinginterests | Totalowners’equity | |||||||||||||
| Sharecapital | Otherequityinstruments | Capitalreserves | Less:Treasurystock | Othercomprehensiveincome | Specificreserve | Surplusreserves | Generalreserve | Retainedearnings | Other | Subtotal | |||||
| Preferredshares | Perpetualbonds | Other | |||||||||||||
| 1.Balanceasattheendoftheperiodofprioryear | 2,407,945,408.00 | 365,247,361.05 | -14,265,181.63 | 1,244,180,364.24 | 3,637,291,770.33 | 7,640,399,721.99 | 820,973,239.93 | 8,461,372,961.92 | |||||||
| Add:Adjustmentforchangeinaccountingpolicy | 1,576,234.17 | 1,576,234.17 | 136,147.01 | 1,712,381.18 | |||||||||||
| Adjustmentforcorrectionofpreviouserror | |||||||||||||||
| Adjustmentforbusinesscombinationundercommoncontrol | |||||||||||||||
| Otheradjustments | |||||||||||||||
| 2.BalanceasatthebeginningoftheReportingPeriod | 2,407,945,408.00 | 365,247,361.05 | -14,265,181.63 | 1,244,180,364.24 | 3,638,868,004.50 | 7,641,975,956.16 | 821,109,386.94 | 8,463,085,343.10 | |||||||
| 3.Increase/decreaseintheperiod(“-”fordecrease) | 72,867,671.02 | 4,837.39 | -192,680,226.89 | -119,807,718.48 | -139,649,988.36 | -259,457,706.84 | |||||||||
| 3.1Totalcomprehensive | 4,837.39 | -193,240,232.33 | -193,235,394.94 | -138,125,155.39 | -331,360,550.33 | ||||||||||
income
| income | ||||||
| 3.2Capitalincreasedandreducedbyowners | 72,867,671.02 | 72,867,671.02 | -789,832.97 | 72,077,838.05 | ||
| 3.2.1Ordinarysharesincreasedbyowners | 600,000.03 | 600,000.03 | ||||
| 3.2.2Capitalincreasedbyholdersofotherequityinstruments | ||||||
| 3.2.3Share-basedpaymentsincludedinowners’equity | ||||||
| 3.2.4Other | 72,867,671.02 | 72,867,671.02 | -1,389,833.00 | 71,477,838.02 | ||
| 3.3Profitdistribution | -735,000.00 | -735,000.00 | ||||
| 3.3.1Appropriationtosurplusreserves | ||||||
| 3.3.2Appropriationtogeneralreserve | ||||||
| 3.3.3Appropriationtoowners(orshareholders) | -735,000.00 | -735,000.00 | ||||
| 3.3.4Other | ||||||
| 3.4Transferswithinowners’equity | ||||||
| 3.4.1Increasein |
capital(orsharecapital)fromcapitalreserves
| capital(orsharecapital)fromcapitalreserves | |||||||||||||
| 3.4.2Increaseincapital(orsharecapital)fromsurplusreserves | |||||||||||||
| 3.4.3Lossoffsetbysurplusreserves | |||||||||||||
| 3.4.4Changesindefinedbenefitschemestransferredtoretainedearnings | |||||||||||||
| 3.4.5Othercomprehensiveincometransferredtoretainedearnings | |||||||||||||
| 3.4.6Other | |||||||||||||
| 3.5Specificreserve | |||||||||||||
| 3.5.1Increaseintheperiod | |||||||||||||
| 3.5.2Usedintheperiod | |||||||||||||
| 3.6Other | 560,005.44 | 560,005.44 | 560,005.44 | ||||||||||
| 4.BalanceasattheendoftheReportingPeriod | 2,407,945,408.00 | 438,115,032.07 | -14,260,344.24 | 1,244,180,364.24 | 3,446,187,777.61 | 7,522,168,237.68 | 681,459,398.58 | 8,203,627,636.26 |
H12022Unit:RMB
| Item | H12022 | ||
| EquityattributabletoownersoftheCompanyastheparent | Non-controlling | Totalowners’ | |
interests
| Sharecapital | Otherequityinstruments | Capitalreserves | Less:Treasurystock | Othercomprehensiveincome | Specificreserve | Surplusreserves | Generalreserve | Retainedearnings | Other | Subtotal | interests | equity | |||
| Preferredshares | Perpetualbonds | Other | |||||||||||||
| 1.Balanceasattheendoftheperiodofprioryear | 2,407,945,408.00 | 234,389,963.10 | -20,336,087.87 | 1,244,180,364.24 | 5,229,098,788.94 | 9,095,278,436.41 | 1,105,670,912.02 | 10,200,949,348.43 | |||||||
| Add:Adjustmentforchangeinaccountingpolicy | 464,912.01 | 464,912.01 | 196,178.92 | 661,090.93 | |||||||||||
| Adjustmentforcorrectionofpreviouserror | |||||||||||||||
| Adjustmentforbusinesscombinationundercommoncontrol | |||||||||||||||
| Otheradjustments | |||||||||||||||
| 2.BalanceasatthebeginningoftheReportingPeriod | 2,407,945,408.00 | 234,389,963.10 | -20,336,087.87 | 1,244,180,364.24 | 5,229,563,700.95 | 9,095,743,348.42 | 1,105,867,090.94 | 10,201,610,439.36 | |||||||
| 3.Increase/decreaseintheperiod(“-”fordecrease) | 132,442,151.79 | 3,289,330.41 | 52,869,172.12 | 188,600,654.32 | -5,241,051.01 | 183,359,603.31 | |||||||||
| 3.1Totalcomprehensiveincome | 3,289,330.41 | 173,266,442.52 | 176,555,772.93 | -113,955,706.94 | 62,600,065.99 | ||||||||||
| 3.2Capitalincreasedandreducedbyowners | 132,442,151.79 | 132,442,151.79 | 109,449,655.93 | 241,891,807.72 | |||||||||||
| 3.2.1Ordinary | 73,710,000.00 | 73,710,000.00 | |||||||||||||
sharesincreasedbyowners
| sharesincreasedbyowners | ||||||||
| 3.2.2Capitalincreasedbyholdersofotherequityinstruments | ||||||||
| 3.2.3Share-basedpaymentsincludedinowners’equity | ||||||||
| 3.2.4Other | 132,442,151.79 | 132,442,151.79 | 35,739,655.93 | 168,181,807.72 | ||||
| 3.3Profitdistribution | -120,397,270.40 | -120,397,270.40 | -735,000.00 | -121,132,270.40 | ||||
| 3.3.1Appropriationtosurplusreserves | ||||||||
| 3.3.2Appropriationtogeneralreserve | ||||||||
| 3.3.3Appropriationtoowners(orshareholders) | -120,397,270.40 | -120,397,270.40 | -735,000.00 | -121,132,270.40 | ||||
| 3.3.4Other | ||||||||
| 3.4Transferswithinowners’equity | ||||||||
| 3.4.1Increaseincapital(orsharecapital)fromcapitalreserves |
3.4.2Increaseincapital(orsharecapital)fromsurplusreserves
| 3.4.2Increaseincapital(orsharecapital)fromsurplusreserves | |||||||||||||
| 3.4.3Lossoffsetbysurplusreserves | |||||||||||||
| 3.4.4Changesindefinedbenefitschemestransferredtoretainedearnings | |||||||||||||
| 3.4.5Othercomprehensiveincometransferredtoretainedearnings | |||||||||||||
| 3.4.6Other | |||||||||||||
| 3.5Specificreserve | |||||||||||||
| 3.5.1Increaseintheperiod | |||||||||||||
| 3.5.2Usedintheperiod | |||||||||||||
| 3.6Other | |||||||||||||
| 4.BalanceasattheendoftheReportingPeriod | 2,407,945,408.00 | 366,832,114.89 | -17,046,757.46 | 1,244,180,364.24 | 5,282,432,873.07 | 9,284,344,002.74 | 1,100,626,039.93 | 10,384,970,042.67 |
8.StatementsofChangesinOwners’EquityoftheCompanyastheParent
H12023Unit:RMB
| Item | H12023 | |||||||||
| Sharecapital | Otherequityinstruments | Capital | Less:Treasury | Othercomprehensive | Specific | Surplusreserves | Retained | Other | Totalowners’ | |
reserves
| Preferredshares | Perpetualbonds | Other | reserves | stock | income | reserve | earnings | equity | ||||
| 1.Balanceasattheendoftheperiodofprioryear | 2,407,945,408.00 | 241,044,390.55 | -1,500,000.00 | 1,260,024,039.76 | 1,306,066,395.60 | 5,213,580,233.91 | ||||||
| Add:Adjustmentforchangeinaccountingpolicy | ||||||||||||
| Adjustmentforcorrectionofpreviouserror | ||||||||||||
| Otheradjustments | -6,088,070.45 | -6,088,070.45 | ||||||||||
| 2.BalanceasatthebeginningoftheReportingPeriod | 2,407,945,408.00 | 241,044,390.55 | -1,500,000.00 | 1,260,024,039.76 | 1,299,978,325.15 | 5,207,492,163.46 | ||||||
| 3.Increase/decreaseintheperiod(“-”fordecrease) | 72,867,671.02 | 111,646,363.36 | 184,514,034.38 | |||||||||
| 3.1Totalcomprehensiveincome | 111,646,363.36 | 111,646,363.36 | ||||||||||
| 3.2Capitalincreasedandreducedbyowners | 72,867,671.02 | 72,867,671.02 | ||||||||||
| 3.2.1Ordinarysharesincreasedbyowners | ||||||||||||
| 3.2.2Capitalincreasedbyholdersofotherequityinstruments | ||||||||||||
| 3.2.3Share-basedpaymentsincludedinowners’equity | ||||||||||||
| 3.2.4Other | 72,867,671.02 | 72,867,671.02 | ||||||||||
| 3.3Profitdistribution | ||||||||||||
| 3.3.1Appropriationtosurplusreserves | ||||||||||||
| 3.3.2Appropriationtoowners(orshareholders) | ||||||||||||
| 3.3.3Other | ||||||||||||
| 3.4Transferswithinowners’equity | ||||||||||||
| 3.4.1Increaseincapital(orsharecapital)fromcapitalreserves | ||||||||||||
| 3.4.2Increaseincapital(orsharecapital)fromsurplusreserves | ||||||||||||
| 3.4.3Lossoffsetbysurplusreserves | ||||||||||||
| 3.4.4Changesindefinedbenefitschemestransferredtoretainedearnings |
3.4.5Othercomprehensiveincometransferredtoretainedearnings
| 3.4.5Othercomprehensiveincometransferredtoretainedearnings | ||||||||||
| 3.4.6Other | ||||||||||
| 3.5Specificreserve | ||||||||||
| 3.5.1Increaseintheperiod | ||||||||||
| 3.5.2Usedintheperiod | ||||||||||
| 3.6Other | ||||||||||
| 4.BalanceasattheendoftheReportingPeriod | 2,407,945,408.00 | 313,912,061.57 | -1,500,000.00 | 1,260,024,039.76 | 1,411,624,688.51 | 5,392,006,197.84 |
H12022Unit:RMB
| Item | H12022 | |||||||||||
| Sharecapital | Otherequityinstruments | Capitalreserves | Less:Treasurystock | Othercomprehensiveincome | Specificreserve | Surplusreserves | Retainedearnings | Other | Totalowners’equity | |||
| Preferredshares | Perpetualbonds | Other | ||||||||||
| 1.Balanceasattheendoftheperiodofprioryear | 2,407,945,408.00 | 110,696,992.60 | -1,500,000.00 | 1,260,024,039.76 | 2,724,187,542.59 | 6,501,353,982.95 | ||||||
| Add:Adjustmentforchangeinaccountingpolicy | ||||||||||||
| Adjustmentforcorrectionofpreviouserror | ||||||||||||
| Otheradjustments | 23.10 | 23.10 | ||||||||||
| 2.BalanceasatthebeginningoftheReportingPeriod | 2,407,945,408.00 | 110,696,992.60 | -1,500,000.00 | 1,260,024,039.76 | 2,724,187,565.69 | 6,501,354,006.05 | ||||||
| 3.Increase/decreaseintheperiod(“-”fordecrease) | 132,442,151.79 | -276,232,195.15 | -143,790,043.36 | |||||||||
| 3.1Totalcomprehensiveincome | -155,834,924.75 | -155,834,924.75 | ||||||||||
| 3.2Capitalincreasedandreducedbyowners | 132,442,151.79 | 132,442,151.79 | ||||||||||
| 3.2.1Ordinarysharesincreasedbyowners | ||||||||||||
| 3.2.2Capitalincreasedbyholdersofotherequityinstruments | ||||||||||||
| 3.2.3Share-basedpaymentsincludedinowners’equity | ||||||||||||
| 3.2.4Other | 132,442,151.79 | 132,442,151.79 | ||||||||||
3.3Profitdistribution
| 3.3Profitdistribution | -120,397,270.40 | -120,397,270.40 | ||||||||
| 3.3.1Appropriationtosurplusreserves | ||||||||||
| 3.3.2Appropriationtoowners(orshareholders) | -120,397,270.40 | -120,397,270.40 | ||||||||
| 3.3.3Other | ||||||||||
| 3.4Transferswithinowners’equity | ||||||||||
| 3.4.1Increaseincapital(orsharecapital)fromcapitalreserves | ||||||||||
| 3.4.2Increaseincapital(orsharecapital)fromsurplusreserves | ||||||||||
| 3.4.3Lossoffsetbysurplusreserves | ||||||||||
| 3.4.4Changesindefinedbenefitschemestransferredtoretainedearnings | ||||||||||
| 3.4.5Othercomprehensiveincometransferredtoretainedearnings | ||||||||||
| 3.4.6Other | ||||||||||
| 3.5Specificreserve | ||||||||||
| 3.5.1Increaseintheperiod | ||||||||||
| 3.5.2Usedintheperiod | ||||||||||
| 3.6Other | ||||||||||
| 4.BalanceasattheendoftheReportingPeriod | 2,407,945,408.00 | 243,139,144.39 | -1,500,000.00 | 1,260,024,039.76 | 2,447,955,370.54 | 6,357,563,962.69 |
NotestotheFinancialStatementsofKonkaGroupCo.,Ltd.
FortheYearfrom1January2023to30June2023
(AllamountsinRMByuanunlessotherwisestated)I.CompanyProfile
1.EstablishmentKonkaGroupCo.,Ltd.(hereinafterreferredtoas“Company”or“theCompany”andthe“Group”whenincludingsubsidiaries),isajoint-stocklimitedcompanyreorganizedfromtheformerShenzhenKonkaElectronicCo.,Ltd.inAugust1991uponapprovalofthePeople’sGovernmentofShenzhenMunicipality,andhasitsordinaryshares(A-shareandB-share)listedonShenzhenStockExchangewithpriorconsentfromthePeople’sBankofChinaShenzhenSpecialEconomicZoneBranch.On29August1995,theCompanywasrenamedto“KonkaGroupCo.,Ltd.”(Credibilitycode:914403006188155783)withitsmainbusinesselectronicindustry.AndnowtheheadquarterslocatesinNo.28ofNo.12ofKejiSouthRd.,Science&TechnologyPark,YuehaiStreet,NanshanDistrict,Shenzhen,GuangdongProvince.
2.SharecapitalAfterthedistributionofbonusshares,allotments,increasedsharecapitalandnewsharesissuedovertheyears,asof30June2023,theCompanyhasissuedatotalof2,407,945,408.00shares(denominationofRMB1pershare)witharegisteredcapitalofRMB2,407,945,408.00.
3.Thenatureofthecompany'sbusinessandmainoperatingactivitiesTheGroupwasmainlyengagedintheproductionandsalesofcolourTVs,whitegoods,etc.;aswellastheoperationofindustrytradebusiness,materialtechnologybusiness,semi-conductor,etc.
4.ThefinancialstatementscontainedhereinhavebeenapprovedforissuebytheBoardofDirectorsoftheCompanyon25August2023.
II.Consolidationscope
TheCompanyhasatotalof124subsidiariesincludedintheconsolidationscopeincludingShenzhenKonkaElectronicsTechnologyCo.,Ltd.,AnhuiKonkaElectronicCo.,Ltd.andDongguanKonkaElectronicCo.,Ltd.TheconsolidationscopeoftheCompanyfortheReportingPerioddecreasedby3householdsincludingSichuanHongxinchenRealEstateDevelopmentCo.,Ltd.,AnhuiKonkaZhilianE-CommerceCo.,Ltd.,etc.duetolosingcontrolorcancellationcomparedtothesameperiodoflastyear.Fordetails,pleaserefertoNote7“Changesintheconsolidationscope”andNote8"EquityinOtherEntities".AchecklistofcorporatenamesandtheirabbreviationsmentionedinthisReport
No.
| No. | Corporatename | Abbreviation |
| 1 | ShenzhenKonkaElectronicsTechnologyCo.,Ltd. | ElectronicsTechnology |
No.
| No. | Corporatename | Abbreviation |
| 2 | AnhuiKonkaZhilianE-CommerceCo.,Ltd. | AnhuiZhilian |
| 3 | NantongHaimenKonkaSmartTechnologyCo.,Ltd. | HaimenKonka |
| 4 | ChengduKonkaSmartTechnologyCo.,Ltd. | ChengduKonkaSmart |
| 5 | ChengduKonkaElectronicCo.,Ltd. | ChengduKonkaElectronic |
| 6 | NantongHongdinSmartTechnologyCo.,Ltd. | NantongHongdin |
| 7 | ShenzhenKangchengTechnologyInnovationandDevelopmentCo.,Ltd. | ShenzhenKangcheng |
| 8 | XiaojiaTechnologyCo.,Ltd. | XiaojiaTechnology |
| 9 | LiaoyangKangshunSmartTechnologyCo.,Ltd. | LiaoyangKangshunSmart |
| 10 | LiaoyangKangshunRenewableResourcesCo.,Ltd. | LiaoyangKangshunRenewable |
| 11 | NanjingKonkaElectronicsCo.,Ltd. | NanjingKonka |
| 12 | ChuzhouKonkaPrecisionIntelligentManufacturingTechnologyCo.,Ltd. | ChuzhouKonka |
| 13 | GuangDongXingDaHongYeElectronicCo.,Ltd. | XingDaHongYe |
| 14 | ShenzhenKonkaCircuitCo.,Ltd. | KonkaCircuit |
| 15 | SuiningKonkaFlexibleElectronicTechnologyCo.,Ltd. | KonkaFlexibleElectronic |
| 16 | SuiningKonkaHongyeElectronicsCo.,Ltd. | KonkaHongyeElectronics |
| 17 | BoluoKonkaPrecisionTechnologyCo.,Ltd. | BoluoPrecision |
| 18 | BoluoKonkaPCBCo.,Ltd. | BoluoKonka |
| 19 | AnhuiKonkaTongchuangElectricalAppliancesCo.,Ltd. | AnhuiTongchuang |
| 20 | JiangsuKonkaSmartElectricalAppliancesCo.,Ltd. | JiangsuKonkaSmart |
| 21 | AnhuiKonkaElectricalApplianceTechnologyCo.,Ltd. | AnhuiElectricalAppliance |
| 22 | HenanFrestecRefrigerationApplianceCo.,Ltd. | FrestecRefrigeration |
| 23 | HenanFrestecElectricalAppliancesCo.,Ltd. | FrestecElectricalAppliances |
| 24 | HenanFrestecHouseholdAppliancesCo.,Ltd. | FrestecHouseholdAppliances |
| 25 | HenanFrestecSmartHomeTechnologyCo.,Ltd. | FrestecSmartHome |
| 26 | ShenzhenKonkaInvestmentHoldingsCo.,Ltd. | KonkaInvestment |
| 27 | YibinKonkaTechnologyParkOperationCo.,Ltd. | YibinKonkaTechnologyPark |
| 28 | ShenzhenKonkaCapitalEquityInvestmentManagementCo.,Ltd. | KonkaCapital |
| 29 | KonkaSuiyongInvestment(Shenzhen)Co.,Ltd. | KonkaSuiyong |
| 30 | ShenzhenKonkaShengxingIndustrialCo.,Ltd. | ShengxingIndustrial |
| 31 | ShenzhenKonkaZhitongTechnologyCo.,Ltd. | ZhitongTechnology |
| 32 | KonkaFactoring(Shenzhen)Co.,Ltd. | KonkaFactoring |
| 33 | BeijingKonkaElectronicCo.,Ltd. | BeijingKonkaElectronic |
| 34 | TianjinKonkaTechnologyCo.,Ltd. | TianjinKonka |
| 35 | SuiningKonkaIndustrialParkDevelopmentCo.,Ltd. | SuiningKonkaIndustrialPark |
| 36 | SuiningKonkaElectronicTechnologicalInnovationCo.,Ltd. | SuiningElectronicTechnologicalInnovation |
| 37 | ShanghaiKonkaIndustrialCo.,Ltd. | ShanghaiKonka |
No.
| No. | Corporatename | Abbreviation |
| 38 | YantaiKangjinTechnologyDevelopmentCo.,Ltd. | YantaiKangjin |
| 39 | ShenzhenKonkaMobileInterconnectionTechnologyCo.,Ltd. | MobileInterconnection |
| 40 | SichuanKonkaSmartTerminalTechnologyCo.,Ltd | SichuanKonka |
| 41 | YibinKonkaSmartTechnologyCo.,Ltd. | YibinSmart |
| 42 | ShenzhenKONSEMICo.,Ltd. | ShenzhenKONSEMI |
| 43 | ChongqingKonkaTechnologyDevelopmentCo.,Ltd. | ChongqingKonka |
| 44 | KowinMemoryTechnology(Shenzhen)Co.,Limited | KowinMemory(Shenzhen) |
| 45 | KowinMemoryTechnology(HongKong)Co.,Limited | KowinMemory(HongKong) |
| 46 | KonkaXinyunSemiconductorTechnology(Yancheng)Co.,Ltd. | KonkaXinyunSemiconductor |
| 47 | KonkaIndustrialandTradeTechnology(Shenzhen)Co.,Ltd. | IndustrialandTradeTechnology |
| 48 | ShenzhenNianhuaEnterpriseManagementCo.,Ltd. | ShenzhenNianhua |
| 49 | KonkaHuazhong(Hunan)TechnologyCo.,Ltd. | KonkaHuazhong |
| 50 | ShenzhenWankaidaScienceandTechnologyCo.,Ltd. | Wankaida |
| 51 | ShenzhenKonkaChuangzhiElectricalAppliancesCo.,Ltd. | ShenzhenChuangzhiElectricalAppliances |
| 52 | SuiningJiarunPropertyCo.,Ltd. | SuiningJiarunProperty |
| 53 | AnhuiKonkaElectronicCo.,Ltd. | AnhuiKonka |
| 54 | AnhuiKangzhiTradeCo.,Ltd. | KangzhiTrade |
| 55 | ShenzhenKonkaTelecommunicationsTechnologyCo.,Ltd. | TelecommunicationTechnology |
| 56 | KonkaMobilityCo.,Limited | KonkaMobility |
| 57 | DongguanKonkaElectronicCo.,Ltd. | DongguanKonka |
| 58 | SuiningKonkaSmartTechnologyCo.,Ltd. | SuiningKonkaSmart |
| 59 | ChongqingKonkaOptoelectronicTechnologyResearchInstituteCo.,Ltd. | ChongqingOptoelectronicTechnologyResearchInstitute |
| 60 | YibinKangrunEnvironmentalTechnologyCo.,Ltd. | YibinKangrun |
| 61 | YibinKangrunMedicalWasteCentralizedTreatmentCo.,Ltd. | YibinKangrunMedical |
| 62 | YibinKangrunEnvironmentalProtectionPowerGenerationCo.,Ltd. | YibinKangrunEnvironmentalProtection |
| 63 | NingboKhrElectricApplianceCo.,Ltd. | NingboKhrElectricAppliance |
| 64 | JiangxiKonkaNewMaterialTechnologyCo.,Ltd. | JiangxiKonka |
| 65 | JiangxiHighTransparentSubstrateMaterialTechnologyCo.,Ltd. | JiangxiHighTransparentSubstrate |
| 66 | JiangsuKonkaSpecialMaterialTechnologyCo.,Ltd. | JiangsuKonkaSpecialMaterial |
| 67 | JiangxiXinfengMicrocrystallineJadeCo.,Ltd. | XinfengMicrocrystalline |
| 68 | KonkaHuanjiaEnvironmentalTechnologyCo.,Ltd. | KonkaHuanjia |
| 69 | KonkaHuanjia(Henan)EnvironmentalTechnologyCo.,Ltd. | KonkaHuanjia(Henan) |
| 70 | ShaanxiKonkaIntelligentApplianceCo.,Ltd. | ShaanxiKonkaIntelligent |
| 71 | ShenzhenKonkaPengrunTechnology&IndustryCo.,Ltd. | PengrunTechnology |
| 72 | JiaxinTechnologyCo.,Ltd. | JiaxinTechnology |
| 73 | KonkaRongheIndustrialTechnology(Zhejiang)Co.,Ltd. | KonkaRonghe |
No.
| No. | Corporatename | Abbreviation |
| 74 | ChongqingKangxingruiEnvironmentalTechnologyCo.,Ltd. | ChongqingKangxingrui |
| 75 | ChongqingKangxingruiScrapedAutomobileRecyclingCo.,Ltd. | ChongqingKangxingruiAutomobileRecycling |
| 76 | ShenzhenKonkaUnifortuneTechnologyCo.,Ltd. | KonkaUnifortune |
| 77 | JialiInternational(HongKong)Limited | JialiInternational |
| 78 | SichuanKangjiatongTechnologyCo.,Ltd. | Kangjiatong |
| 79 | Kanghong(Yantai)EnvironmentalTechnologyCo.,Ltd. | Kanghong(Yantai)Environmental |
| 80 | Jiangkang(Shanghai)TechnologyCo.,Ltd. | Jiangkang(Shanghai)Technology |
| 81 | ShenzhenKonkaIntelligentManufacturingTechnologyCo.,Ltd. | KonkaIntelligentManufacturing |
| 82 | HainanKonkaMaterialTechnologyCo.,Ltd. | KonkaMaterial |
| 83 | KonkaVenturesDevelopment(Shenzhen)Co.,Ltd. | KonkaVentures |
| 84 | YibinKonkaIncubatorManagementCo.,Ltd. | YibinKonkaIncubator |
| 85 | YantaiKonkaHealthcareEnterpriseServiceCo.,Ltd. | YantaiKonka |
| 86 | ChengduAnrenKonkaCulturalandCreativeIncubatorManagementCo.,Ltd. | ChengduAnren |
| 87 | GuiyangKonkaEnterpriseServiceCo.,Ltd. | KonkaEnterpriseService |
| 88 | ShenzhenKonkaEco-DevelopmentInvestmentCo.,Ltd. | KonkaEco-Development |
| 89 | Konka(Europe)Co.,Ltd. | KonkaEurope |
| 90 | HongKongKonkaLimited | HongKongKonka |
| 91 | HongdinInternationalTradingLimited | HongdinTrading |
| 92 | KonkaNorthAmericaLLC | KonkaNorthAmerica |
| 93 | KanghaoTechnologyCo.,Ltd. | KanghaoTechnology |
| 94 | HongdinInvestDevelopmentLimited | HongdinInvest |
| 95 | ChainKingdomMemoryTechnologiesCo.,Limited | ChainKingdomMemoryTechnologies |
| 96 | ChainKingdomMemoryTechnologies(Shenzhen)Co.,Limited | ChainKingdomMemoryTechnologies(Shenzhen) |
| 97 | Hongjet(HongKong)CompanyLimited | Hongjet |
| 98 | ChongqingXinyuanSemiconductorCo.,Ltd. | ChongqingXinyuanSemiconductor |
| 99 | AnluKonkaIndustrialOperationServiceCo.,Ltd. | AnluKonka |
| 100 | ShenzhenKanghongDongshengInvestmentPartnership(LimitedPartnership) | KanghongDongsheng |
| 101 | GuizhouKonkaNewMaterialTechnologyCo.,Ltd. | GuizhouKonkaNewMaterialTechnology |
| 102 | GuizhouKangguiEnergyCo.,Ltd. | GuizhouKangguiEnergy |
| 103 | GuangdongXinweiSemiconductorCo.,Ltd. | GuangdongXinwei |
| 104 | ChongqingKangxingruiRenewableResourcesCo.,Ltd. | KangxinrunRenewableResources |
| 105 | GuizhouKangguiMaterialTechnologyCo.,Ltd. | GuizhouKangguiMaterialTechnology |
| 106 | NantongKanghaiTechnologyIndustryDevelopmentCo.,Ltd. | NantongKanghai |
| 107 | ChongqingKangyiyunBusinessOperationManagementCo.,Ltd. | ChongqingKangyiyun |
No.
| No. | Corporatename | Abbreviation |
| 108 | JiangxiKonkaHigh-techParkOperationandManagementCo.,Ltd. | JiangxiKonkaHigh-techPark |
| 109 | ShangraoKonkaElectronicTechnologyInnovationCo.,Ltd. | ShangraoKonkaElectronicTechnologyInnovation |
| 110 | GuizhouKonkaNewEnergyMaterialTechnologyCo.,Ltd. | GuizhouKonkaNewEnergy |
| 111 | ZhejiangKonkaElectronicTechnologyCo.,Ltd. | ZhejiangKonkaElectronic |
| 112 | ZhejiangKonkaTechnologyIndustryDevelopmentCo.,Ltd. | ZhejiangKonkaTechnologyIndustry |
| 113 | SichuanHongxinchenRealEstateDevelopmentCo.,Ltd. | SichuanHongxinchen |
| 114 | Xi'anKonkaIntelligentApplianceCo.,Ltd. | Xi'anKonkaIntelligent |
| 115 | Xi'anKonkaNetworkTechnologyCo.,Ltd. | Xi'anKonkaNetwork |
| 116 | Xi'anKanghongTechnologyIndustryDevelopmentCo.,Ltd. | Xi'anKanghongTechnologyIndustry |
| 117 | Xi'anKonkaIntelligentTechnologyDevelopmentCo.,Ltd. | Xi'anKonkaIntelligentTechnology |
| 118 | ChongqingFangbingRealEstateCo.,Ltd. | ChongqingFangbingRealEstate |
| 119 | ChongqingKonkaLowCarbonTechnologyCo.,Ltd. | ChongqingKonkaLowCarbon |
| 120 | ShenzhenKanghongXintongInvestmentPartnership(LimitedPartnership) | KanghongXintong |
| 121 | SongyangKonkaSmartIndustryOperationManagementCo.,Ltd. | SongyangIndustryOperation |
| 122 | ShenzhenKangyanTechnologyCo.,Ltd. | KangyanTechnology |
| 123 | KonkaPhotovoltaicTechnologyCo.,Ltd. | KonkaPhotovoltaicTechnology |
| 124 | SongyangKonkaIntelligentTechnologyDevelopmentCo.,Ltd. | SongyangKonkaIntelligent |
| 125 | KonkaNorthChina(Tianjin)TechnologyCo.,Ltd. | KonkaNorthChina |
| 126 | ZhongshanKanghongElectronicTechnologyCo.,Ltd. | ZhongshanKanghong |
| 127 | ShenzhenKonkaDigitalTechnologyDevelopmentCo.,Ltd. | DigitalTechnology |
III.BasisforthePreparationofFinancialStatements
1.BasicforthepreparationWiththegoing-concernassumptionasthebasisandbasedontransactionsandothereventsthatactuallyoccurred,theGrouppreparedfinancialstatementsinaccordancewiththeAccountingStandardsforBusinessEnterprisesissuedbytheMinistryofFinanceandotherregulationsaswellastheaccountingpoliciesandestimationsstipulatedintheNoteIV“SignificantAccountingPoliciesandEstimations”.
2.Going-concern
TheGrouphasarecenthistoryofprofitableoperationssupportedbyfinancialresourcesandconsidersitreasonabletopreparethefinancialstatementsonagoingconcernbasis.
IV.ImportantAccountingPoliciesandEstimations
1.StatementofCompliancewiththeAccountingStandardsforBusinessEnterprisesThefinancialstatementspreparedbytheGroupareincompliancewithincompliancewiththeAccountingStandardsforBusinessEnterprises,whichfactuallyandcompletelypresenttheGroup’sfinancialpositions,businessresultsandcashflows,andotherrelevantinformation.
2.FiscalPeriodTheGroup’sfiscalyearstartsonJanuary1andendsonDecember31ofeveryyearaccordingtotheGregoriancalendar.
3.OperatingCycleThenormaloperatingcyclereferstotheperiodfromthepurchaseofassetsforprocessingtotherealizationofcashorcashequivalentsbytheGroup.AnoperatingcyclefortheGroupis12months,whichisalsotheclassificationcriterionfortheliquidityofitsassetsandliabilities.
4.RecordingCurrencyTheGroupadoptedRMBasthebookkeepingbasecurrency.
5.AccountingTreatmentMethodsforBusinessCombinationsundertheSameControlornotundertheSameControlAsthecombiningparty,theassetsandliabilitiesobtainedbytheGroupinabusinesscombinationunderthesamecontrolshallbemeasuredonthebasisoftheircarryingvalueinthefinalcontrollingpartyonthecombiningdate.Asforthebalancebetweenthecarryingvalueofthenetassetsobtainedandthecarryingvalueoftheconsiderationpaidbyit,thecapitalreserveshallbeadjusted.Ifthecapitalreserveisnotsufficienttobeoffset,theretainedearningsshallbeadjusted.Theidentifiableassets,liabilitiesandcontingentliabilitiesoftheacquireeacquiredinthebusinesscombinationunderdifferentcontrolshallbemeasuredatfairvalueontheacquisitiondate.Themergercostisthesumofthefairvalueofcashornon-cashassets,liabilitiesissuedorassumed,equitysecuritiesissued,etc.paidbytheGrouponthepurchasedatetogaincontroloverthepurchasedpartyandalldirectlyrelatedexpensesincurredinthebusinesscombination(Themergecostofbusinesscombinationrealizedstepbystepthroughmultipletransactionsisthesumofeverysingletransaction’scost).Thebalancethatthecombinedcostgreaterthanthefairvalueshareoftheidentifiablenetassetsofthepurchasedpartyobtainedinthecombinationshallberecognizedasgoodwill;Whenthemergercostislessthanthefairvalueshareoftheidentifiablenetassetsoftheacquireeacquiredinthemerger,thefairvalueofallidentifiableassets,liabilitiesandcontingentliabilitiesacquiredinthemerger,andnon-cashassetsofthemergerconsiderationorequitysecuritiesissued,etc.shallbereviewedfirst.Afterreview,ifthemergercostisstilllessthanthefairvalueshareoftheidentifiablenetassetsoftheacquireeacquiredinthemerger,the
differenceshallbeincludedinthenon-operatingincomeofthemergerperiod.
6.MethodsforPreparingConsolidatedFinancialStatementsThescopeofconsolidationincludesallcontrolledsubsidiariesandstructuralentities.ThefinancialstatementsofsubsidiariesareadjustedinaccordancewiththeaccountingpoliciesandaccountingperiodoftheGroupduringthepreparationoftheconsolidatedfinancialstatements,wheretheaccountingpoliciesandtheaccountingperiodsareinconsistentbetweentheGroupandsubsidiaries.Allsignificantinternaltransactions,currentbalancesandunrealizedprofitswithinthescopeofconsolidationshallbeoffsetwhenpreparingtheconsolidatedstatement.Thesharesofthesubsidiary'sowner'sequitythatdonotbelongtotheparentGroupandthesharesofminorityshareholders'equityincurrentnetprofitandloss,othercomprehensiveincomeandtotalcomprehensiveincomeshallberespectivelylistedintheconsolidatedfinancialstatement"Minorityshareholders'equity,minorityshareholders'profitandloss,othercomprehensiveincomethatbelongstominorityshareholdersandtotalcomprehensiveincomethatbelongstominorityshareholders".Forsubsidiariesacquiredthroughmergerofenterprisesunderthesamecontrol,theiroperatingresultsandcashflowsareincludedintheconsolidatedfinancialstatementsfromthebeginningofthecurrentmergerperiod.Whenpreparingthecomparativeconsolidatedfinancialstatements,therelevantitemsinthefinancialstatementsofthepreviousyearshallbeadjustedasiftheconsolidatedreportingentityhadexistedsincethefinalcontrollingpartybegantocontrolit.ThetreatmentmethodofsupplementarydisclosureinconsolidatedfinancialstatementfortheReportingPeriodwhenthecontrollingrightisacquired,iftheequityoftheinvestedorganizationunderthesamecontrolissuccessivelyobtainedthroughseveraltransactionsandeventuallytheenterprisemergerisconducted.Forexample:Attheoccasionoftheequityoftheinvesteeunderthesamecontrolisacquiredstepbystepthroughmultipletransactions,andfinallyformthebusinesscombination,whenpreparingtheconsolidatedstatement,itshallbedeemedastheadjustmentismadeinthecurrentstatewhenthefinalcontrollingpartystartstocontrol.Andwhencompilingthecomparativereport,theassetsandliabilitiesofthemergedpartyshallbemergedintothecomparativestatementoftheconsolidatedfinancialstatementsoftheconsolidatedGroupwithoutanyearlierthanthetimewhentheGroupandthemergedpartyareunderthecontroloftheultimatecontrollingparty,andthecombinednetincreasedassetsshallbeadjustedtotherelevantitemsunderowners'equityinthecomparativestatements.Inordertoavoidthere-calculationofthenetassetsvalueofthemergedparty,thelong-termequityinvestmentheldbytheGroupbeforethemerger,theconfirmedrelevantprofitandlossonthesamepartywiththeGroupandthemergedpartyonthedateofacquisitionoftheoriginalequityfromthefinalcontroldatetothemergerdate,andchangesofothercomprehensiveincomeandothernetassetsshalloffsetthebeginningretainedearningsandcurrentprofitsandlossesofthe
comparativestatementperiodrespectively.Forsubsidiariesacquiredthroughbusinesscombinationunderthedifferentcontrol,theoperatingresultsandcashflowshallbeincludedintheconsolidatedfinancialstatementsfromthedatewhentheGroupobtainsthecontrolright.Whenpreparingtheconsolidatedfinancialstatements,thefinancialstatementsofthesubsidiariesshallbeadjustedonthebasisofthefairvalueoftheidentifiableassets,liabilitiesandcontingentliabilitiesdeterminedontheacquisitiondate.ThetreatmentmethodofsupplementarydisclosureinconsolidatedfinancialstatementfortheReportingPeriodwhenthecontrollingrightisacquired,iftheequityoftheinvestedorganizationnotunderthesamecontrolissuccessivelyobtainedthroughseveraltransactionsandeventuallytheenterprisemergerisconducted.Forexample:Attheoccasionoftheequityoftheinvesteeunderdifferentcontrolisacquiredstepbystepthroughmultipletransactionsandeventuallyformthebusinesscombination,whenpreparingtheconsolidatedstatement,theequityoftheinvesteeheldbeforethepurchasedateisre-measuredaccordingtothefairvalueoftheequityonthepurchasedate,andthedifferencebetweenthefairvalueanditsbookvalueisincludedinthecurrentinvestmentincome.Theequityoftheacquireeheldbeforetherelevantpurchasedateinvolvesothercomprehensiveincomeundertheequitymethodandotherchangesinowner'sequityotherthannetprofitandloss,othercomprehensiveincomeandprofitdistribution,whichareconvertedintoinvestmentprofitandlossinthecurrentperiodofthepurchasedate,exceptforothercomprehensiveincomearisingfromtheremeasurementofdefinedbenefitplans'snetliabilitiesorchangesinnetassetsbytheinvestee.TheGrouppartiallydisposesoflong-termequityinvestmentsinsubsidiarieswithoutlosingcontrol,whenpreparingtheconsolidatedfinancialstatements,thedifferencebetweenthedisposalpriceandtheshareofnetassetsthatthesubsidiarieshavecontinuouslycalculatedsincethedateofpurchaseorthedateofconsolidationiscorrespondingtothedisposaloflong-termequityinvestments.Thecapitalpremiumorequitypremiumisadjusted.Ifthecapitalreserveisinsufficienttooffset,theretainedearningsareadjusted.IftheGrouplosescontrolovertheinvesteeduetothedisposalofsomeequityinvestmentsandotherreasons,theremainingequityshallbere-measuredatitsfairvalueonthedateoflossofcontrolwhenpreparingtheconsolidatedfinancialstatements.Thedifferencebetweenthesumoftheconsiderationobtainedfromthedisposalofequityandthefairvalueoftheremainingequity,minustheshareofthenetassetsoftheoriginalsubsidiarycalculatedonthebasisoftheoriginalshareholdingratioandcontinuouslycalculatedfromthedateofpurchaseormerger,isincludedintheinvestmentprofitandlossofthecurrentperiodwhenthecontrolrightislost,andgoodwillisoffset.Othercomprehensiveincomerelatedtotheoriginalsubsidiary'sequityinvestment,etc.,willbetransferredtothecurrentinvestmentprofitandlosswhenthecontrolrightislost.IftheGroupdisposesoftheequityinvestmentinasubsidiaryGroupstepbystepthroughmultipletransactionsuntilthelossofcontrolright,ifthetransactionsofthedisposaloftheequityinvestmentinasubsidiaryGroupuntilthelossofcontrolrightbelongtoapackagetransaction,
thetransactionsshallbetreatedastransactionsofthedisposalofthesubsidiaryGroupandthelossofcontrolrightforaccounting.However,thedifferencebetweenthedisposalpriceandtheshareofthesubsidiary'snetassetscorrespondingtothedisposalinvestmentbeforethelossofcontrolrightisrecognizedasothercomprehensiveincomeintheconsolidatedfinancialstatements,andistransferredtotheinvestmentprofitandlossofthecurrentperiodwhenthecontrolrightislost.
7.ClassificationofJointArrangementsandAccountingTreatmentofJointOperationsTheGroupclassifiesjointarrangementsintojointoperationsandjointventures.Forajointoperation,theGroup,asajointoperator,recognizestheassetsandliabilitiesthatitholdsandbearsinthejointoperation,andrecognizesthejointly-heldassetsandjointly-borneliabilitiesaccordingtotheGroup’sstakeinthejointoperation;recognizesrelevantincomeandexpenseaccordingtotheGroup’sstakeinthejointoperation.WhentheGrouppurchasesorsellstheassetsnotconstitutingbusinesswiththejointoperation,theGrouponlyrecognizedtheshareoftheotherjointoperatorsinthegainsandlossesarisingfromthetransaction.
8.CashandCashEquivalentsIntheGroup’sunderstanding,thecashinthecashflowstatementincludescashonhandanddepositsthatcanbeusedforcover,thecashequivalentsinthecashflowstatementincludehighcirculatinginvestmentsheldwithinthreemonthswhichareeasilyconvertibleintoknownamountofcashandwhoserisksinchangeofvalueareminimal.
9.ForeignCurrencyBusinessesandTranslationofForeignCurrencyFinancialStatements
(1)ForeigncurrencytransactionAsforforeigncurrencytransaction,theGroupconvertedtheforeigncurrencyamountintoRMBamountattheexchangerateatthebeginningofthemonthoftransactionoccurrencedate(normallyreferredtoasthecentralparityrateofforeignexchangerateonthesamedaypublishedbythePeople’sBankofChina,thesamebelow).Onthebalancesheetdate,themonetaryitemsinforeigncurrencywereconvertedintoRMBatthespotexchangerateonbalancesheetdate.Excepttheexchangedifferencearisingfromspecialforeign-currencyborrowingforthepurposeofconstructionorproductionofassetsmeetingcapitalizationconditionstreatedintheprincipleofcapitalization,theconversiondifferencewasdirectlyincludedinthecurrentprofitsandlosses.
(2)TranslationofforeigncurrencyfinancialstatementTheassetandliabilityitemsinforeigncurrencybalancesheetwereconvertedatthespotexchangerateonbalancesheetdate;exceptfor“undistributedprofit”,owner’sequityitemswereconvertedatthesportexchangerateatthetimeofbusinessoccurrence;incomeandexpenditureitemsinincomestatementwereconvertedattheaverageexchangeratefortheperiod(monthlyaverageexchangerate)ofthetransactionoccurrencedate.Theconversiondifferenceofforeign
currencystatementsarisingfromtheaforementionedconversionwaspresentedinothercomprehensiveincomeitem.Theforeigncurrencycashflowwasconvertedattheaverageexchangeratefortheperiod(monthlyaverageexchangerate)ofthecashflowoccurrencedate.Theamountofexchangeratechangeinfluenceoncashwasindependentlypresentedincashflowstatement.
10.FinancialAssetsandFinancialLiabilitiesTheGrouprecognizesafinancialassetorliabilitywhenitbecomesapartyoftherelevantfinancialinstrumentcontract.
(1)Financialassets
1)Classification,recognitionandmeasurementoffinancialassetsTheGroupclassifiesthefinancialassetsintofinancialassetsmeasuredatamortizedcost,financialassetsmeasuredbythefairvalueandthechangesrecordedinothercomprehensiveincomeandfinancialassetsatfairvaluethroughprofitorlossbasedonthebusinessmodelforfinancialassetsmanagementandcharacteristicsofcontractualcashflowoffinancialassets.TheGroupclassifiedthefinancialassetsmeetingthefollowingconditionsatthesametimeasfinancialassetsatamortizedcost:①ThebusinessmodeoftheGrouptomanagethefinancialassetstargetsatcollectingthecontractualcashflow.②Thecontractofthefinancialassetsstipulatesthatthecashflowgeneratedinthespecificdateisthepaymentoftheinterestbasedontheprincipalandoutstandingprincipalamount.Thesefinancialassetsinitiallymeasuredatfairvalueandrelevanttransactioncostshallbeincludedintotheinitialrecognizedamountandsubsequentlymeasuredatamortizedcost.Exceptforthosedesignatedtobehedgeitems,thedifferencebetweentheinitialrecognizedamountandtheamountdueshallbeamortizedatactualinterestrateandtheiramortization,impairmentandexchangegainandlossaswellasgainsorlossesarisingfromderecognitionshallberecordedintothecurrentprofitorloss.TheGroupclassifiedthefinancialassetsmeetingthefollowingconditionsatthesametimeasfinancialassetsatfairvaluethroughothercomprehensiveincome:①TheBusinessmodeformanagingfinancialassetsoftheGrouptakescontractcashflowcollectedastargetandsellingastarget.②Thecontractofthefinancialassetsstipulatesthatthecashflowgeneratedinthespecificdateisthepaymentoftheinterestbasedontheprincipalandoutstandingprincipalamount.Thesefinancialassetsinitiallymeasuredatfairvalueandrelevanttransactioncostshallbeincludedintotheinitialrecognizedamount.Exceptforthosedesignatedashedgeditems,asforthesefinancialassets,exceptforgainsorlossesoncreditimpairment,exchangegainandlossandinterestoffinancialassetsmeasuredatactualinterestrate,othergainsorlossesgeneratedshallberecordedintoothercomprehensiveincome.Whenderecognized,theaccumulatedgainsandlossesoriginallyrecordedintoothercomprehensiveincomeshallbetransferredoutintothecurrentprofitorloss.TheGrouprecognizesinterestincomeaccordingtotheeffectiveinterestratemethod.Interest
incomeiscalculatedanddeterminedaccordingtothebookbalanceofthefinancialassetmultipliedbytheactualinterestrate,exceptforthefollowingcircumstances:①Forthefinancialassetwithcreditimpairmentthathasbeenpurchasedororiginated,fromtheinitialrecognition,theinterestincomeiscalculatedanddeterminedaccordingtotheamortizedcostofthefinancialassetandtheactualinterestrateadjustedbycredit.②Forfinancialassetspurchasedororiginatedthathavenotsufferedcreditimpairmentbuthavesufferedcreditimpairmentinsubsequentperiods,theinterestincomeshallbecalculatedanddeterminedaccordingtotheamortizedcostandactualinterestrateofthefinancialassetsinsubsequentperiods.TheGroupdesignatesnon-transactionalinvestmentinequityinstrumentsasfinancialassetsatfairvaluethroughothercomprehensiveincome.Thosedesignatednon-transactionalinvestmentinequityinstrumentsbytheGroupisinitiallymeasuredatfairvalueandrelevanttransactioncostshallberecordedintotheinitialrecognizedamount.Exceptfordividends(excludingthosebelongingtorecoveryofinvestmentcost)whichshallberecordedintothecurrentprofitorloss,otherrelevantgainsandlosses(includingexchangegainsandlosses)shallberecordedintoothercomprehensiveincomeandcannotbetransferredintothecurrentprofitorlosssubsequently.Whenderecognized,theaccumulatedgainsorlossesoriginallyrecordedintoothercomprehensiveincomeshallbetransferredoutintoretainedearnings.Equityinstrumentinvestmentsmeasuredatfairvaluethroughothercomprehensiveincomeincluded:EquityinvestmentstobeheldinthelongtermasplannedbytheGroupforstrategicpurpose,withnocontrol,jointcontrolorsignificanceinfluence,andwithnoactivemarketquotation.TheGroupclassifiesfinancialassetsnotbelongingtoabovetwoasfinancialassetsatfairvaluethroughprofitorlosswhichshallbeinitiallymeasuredatfairvalueandrelevanttransactioncostshallbedirectlyrecordedintothecurrentprofitorloss.Gainsorlossesarisingfromthesefinancialassetsshallberecordedintothecurrentprofitorloss.ThecontingentconsiderationrecognizedbytheGroupinthebusinesscombinationnotunderthesamecontrolwhichconstitutesafinancialassetshallbeclassifiedasthefinancialassetatfairvaluethroughprofitorloss.
2)RecognitionandmeasurementoffinancialassetstransferTheGroupderecognizesafinancialassetwhenoneofthefollowingconditionsismet:
①therightstoreceivecashflowsfromtheassethaveexpired;②theenterprisehastransferreditsrightstoreceivecashflowsfromtheassettoathirdpartyunderapass-througharrangement;or③theenterprisehastransferreditsrightstoreceivecashflowsfromtheassetandeither(a)hastransferredsubstantiallyalltherisksandrewardsoftheasset,or(b)hasneithertransferrednorretainedsubstantiallyalltherisksandrewardsoftheasset,buthastransferredcontroloftheasset.Iftheoveralltransferoffinancialassetsfulfillstherequirementsforderecognition,thedifferencebetweenthebookvalueofthetransferredfinancialassetsandthesumoftheconsiderationreceivedduetothetransferandthecorrespondingderecognitionpartoftheaccumulatedamount
offairvaluechangesoriginallydirectlyincludedinothercomprehensiveincome(thecontracttermsinvolvingthetransferredfinancialassetsstipulatethatthecashflowgeneratedonaspecificdateisonlythepaymentoftheprincipalandinterestbasedontheunpaidprincipalamount)shallbeincludedinthecurrentprofitsandlosses.Ifthepartialtransferoffinancialassetssatisfiestheconditionsforterminationconfirmation,theentirebookvalueofthetransferredfinancialassetswillbeapportionedbetweentheterminationconfirmationportionandthenon-terminationconfirmationportionaccordingtotheirrelativefairvalues,andtheconsiderationreceivedforthetransferAndtheamountcorrespondingtotheterminationoftherecognitionofthecumulativeamountofchangesinfairvalueoriginallyincludedinothercomprehensiveincomethatshouldbeapportionedtothederecognitionpartAndthepaymentofinterestbasedontheoutstandingprincipalamount),andthedifferencebetweenthetotalbookvalueoftheaforesaidfinancialassetsallocatedisincludedinthecurrentprofitandloss.
(2)Financialliabilities
1)Classification,recognitionandmeasurementoffinancialliabilitiesTheGroup’sfinancialliabilitiesare,oninitialrecognition,classifiedintofinancialliabilitiesatfairvaluethroughprofitorlossandotherfinancialliabilities.Financialliabilitiesatfairvaluethroughprofitorlossincludeheld-for-tradingfinancialliabilitiesandfinancialliabilitiesdesignatedattheinitialrecognitiontobemeasuredbythefairvalueandtheirchangesarerecordedinthecurrentprofitorloss.Thesubsequentmeasurementshallbeatfairvalueandgainsorlossesarisingfromchangesinfairvalueandthedividendsandinterestexpenserelatedtothefinancialliabilityshallbethecurrentprofitorloss.Otherfinancialliabilitiesshallbesubsequentlymeasuredatamortizedcostwithactualinterestrate.TheGroupclassifiesfinancialliabilitiesexceptforthefollowingitemsasfinancialliabilitiesatamortizedcost:①Financialliabilitiesatfairvaluethroughprofitorlossincludingheld-for-tradingfinancialliabilities(includingthederivativeinstrumentsbelongingtofinancialliabilities)anddesignatedfinancialliabilitiesatfairvaluethroughprofitorloss.②Financialliabilitiesarisingfromthetransferoffinancialassetsnotmeetingthederecognitionconditionsorcontinuousinvolvementinthetransferredfinancialassets.③Financialguaranteecontractnotbelongingtocasesofabove①or②andloancommitmentsatinterestratelowerthanthemarketratenotbelongingtothecasein①.TheGrouptreatsthefinancialliabilityarisingfromcontingentconsiderationrecognizedasthepurchasepartyinthebusinesscombinationnotunderthesamecontrolatfairvalueandchangesthereofshallberecordedintothecurrentprofitorloss.
2)DerecognitionoffinancialliabilitiesIncaseofcurrentobligationoffinancialliabilities(orpartialfinancialliabilities)beingterminated,derecognitionofsuchfinancialliabilities(orpartialfinancialliabilities)isconductedbytheGroup.IftheGroup(borrower)concludesanagreementwiththelendertoreplaceexisting
financialliabilitieswithnewonesandcontacttermsofnewfinancialliabilitiesaredifferentfromthoseofexistingfinancialliabilities,derecognitionofexistingfinancialliabilitiesandrecognitionofnewfinancialliabilitiesshallbeconducted.Incaseofmaterialalterationofcontracttermsofexistingfinancialliabilities(partialfinancialliabilities)bytheGroup,derecognitionofexistingfinancialliabilitiesandrecognitionofnewfinancialliabilitiesaspermodifiedtermsshallbeconducted.Incaseofderecognitionoffinancialliabilities(partialfinancialliabilities),theGroupincludesthebalancebetweenitscarryingvalueandpaymentconsiderationintothecurrentprofitorloss.
(3)Determinationoffinancialassetsandliabilities’fairvalueTheGroupmeasuredthefairvalueoffinancialassetsandfinancialliabilitiesaccordingtothepriceatmajormarket.Ifmajormarketdoesnotexist,thefairvalueoffinancialassetsandfinancialliabilitieswasmeasuredaccordingtothepriceatthemostadvantageousmarketthroughapplyingvaluationtechniqueapplicableatthetimeandwithsufficientusabledataandotherinformationsupport.Theinputsforfairvaluemeasurementwereclassifiedintothreelevels.Level1istheunadjustedquotationofthesameassetsorliabilitiesonactivemarketavailableonthemeasurementdate.Level2istheinputofrelevantassetsorliabilitiesotherthanthatinlevel1thatareobservableeitherdirectlyorindirectly.Level3istheunobservableinputofrelevantassetsorliabilities.TheGrouppreferredlevel1input,andappliedlevel3inputatlast.Level1inputwasapplicableforlistedstockandbondheldbytheGroup,level2inputforfinancingofaccountsreceivable(mainlybankacceptancebillandtradeacceptancebillmeetingderecognitionrequirementsaftertransfer),andlevel3inputforothernon-currentfinancialassets(unlistedequityinvestmentheldbytheGroup)andheld-for-tradingfinancialassets(mainlyfinancialproductsheldbytheGroup).Thelevelattributedtothefairvaluemeasurementresultwasdeterminedaccordingtothelowestleveloftheinputwithmuchsignificancetofairvaluemeasurementingeneral.TheGroupmeasuredtheinvestmentofequityinstrumentsatfairvalue.However,underlimitedsituation,iftherecentinformationfordeterminingthefairvaluewasinsufficient,orthepotentialestimatedamountoffairvaluewasinwiderange,andthecostrepresentedtheoptimalestimationoffairvalueinsuchrange,suchcostcouldrepresentappropriateestimationoffairvalueinsuchrange.Suchequityinstrumentinvestmentsincluded:EquityinvestmentsheldbytheGroupmeasuredatfairvaluewithchangesincludedinthecurrentprofitsandlosseswithnocontrol,jointcontrolorsignificanceinfluence;non-tradingequityinstrumentinvestmentsweredesignatedasfinancialassetsmeasuredatfairvaluethroughothercomprehensiveincome.
(4)OffsettingfinancialassetsandfinancialliabilitiesTheGroup’sfinancialassetsandliabilitiesshallbeseparatelypresentedinthebalancesheetandnotsetoffeachother.Butwhenmeetingthefollowingconditionsatthesametime,thenetamountafteroffsetshallbepresentedinthebalancesheet:(1)TheGrouphasthestatutoryrighttosetoffrecognizedamountwhichiscurrentlyexecutable;(2)TheGroupplanstosettlewiththe
netamountorrealizethefinancialassetandpayoffthefinancialliabilitysimultaneously.
(5)ThedistinctionbetweenfinancialliabilitiesandequityinstrumentsandrelatedtreatmentmethodsTheGroupdistinguishesthefinancialliabilitiesandequityinstrumentsaccordingtothefollowingprinciples:(1)IftheGroupcannotunconditionallyavoidperformingacontractualobligationbydeliveringcashorotherfinancialassets,thecontractualobligationmeetsthedefinitionoffinancialliabilities.Althoughsomefinancialinstrumentsdonotexplicitlyincludethetermsandconditionsoftheobligationtodelivercashorotherfinancialassets,theymayindirectlyformcontractualobligationsthroughothertermsandconditions.(2)IfafinancialinstrumentmustbesettledwithorcanbesettledwiththeGroup'sownequityinstrument,itisnecessarytoconsiderwhethertheGroup'sownequityinstrumentusedtosettletheinstrumentisusedasasubstituteforcashorotherfinancialassets,ortoenabletheholderoftheinstrumenttoenjoytheresidualequityintheassetsoftheissuerafterdeductingallliabilities.Ifitbelongstotheformercondition,theinstrumentisthefinancialliabilityoftheissuer;ifitbelongstothelattercondition,theinstrumentistheequityinstrumentoftheissuer.Insomecases,afinancialinstrumentcontractrequirestheGrouptouseoruseitsownequityinstrumenttosettlethefinancialinstrument,inwhichtheamountofcontractualrightsorcontractualobligationsisequaltothenumberofitsownequityinstrumentsavailableortobedeliveredmultipliedbyitsfairvalueatthetimeofsettlement,regardlessofwhethertheamountofcontractualrightsorobligationsisfixed,whetheritisentirelyorpartiallybasedonchangesinvariablesotherthanthemarketpriceoftheGroup'sownequityinstruments,thecontractshallbeclassifiedasafinancialliability.Inclassifyingfinancialinstruments(ortheircomponents)intheconsolidatedstatement,theGrouphastakenintoaccountalltermsandconditionsreachedbetweentheGroupmembersandtheholdersoffinancialinstruments.IftheGroupasawholeundertakestheobligationtodelivercash,otherfinancialassetsorsettleaccountsinotherwaysthatcausetheinstrumenttobecomeafinancialliabilityduetotheinstrument,theinstrumentshallbeclassifiedasafinancialliability.Iffinancialinstrumentsortheircomponentsarefinancialliabilities,theGroupwillincludeinterest,dividends(ordividends),gainsorlosses,andgainsorlossesarisingfromredemptionorrefinancing,etc.inthecurrentprofitsandlosses.Iffinancialinstrumentsortheircomponentsareequityinstruments,whentheyareissued(includingrefinancing),repurchased,soldorcancelled,theGroupwilltreatthemaschangesinequityandwillnotrecognizechangesinthefairvalueofequityinstruments.
11.ImpairmentofFinancialAssetsTheGroupneedstoconfirmthatthefinancialassetssubjecttotheimpairmentlossarethefinancialassetsmeasuredbasedontheamortizedcost,thedebtinstrumentinvestmentmeasuredbasedonthefairvaluewithitsvariationsincludedintoothercomprehensiveincomesandtheleaseoutlayreceivable,mainlyincludingnotesreceivable,accountreceivable,otherreceivables,
investmentoncreditor’srights,otherinvestmentsoncreditor’srightsandlong-termreceivablesetc.Besides,inrespectofthecontractassetsandpartialfinancialguaranteecontract,correspondingimpairmentprovisionsshallbecalculatedandwithdrawnandcorrespondingcreditimpairmentlossesrecognizedaccordingtovariousaccountingpoliciesmentionedinthispart.
(1)MethodsfortheRecognitionofImpairmentProvisionsForallmentioneditemsabove,theGroupshallcalculateandwithdrawcorrespondingimpairmentprovisionsandrecognizecorrespondingcreditimpairmentlossesaccordingtoapplicableexpectedcreditlossmeasurementmethods(generalmethodsorsimplifiedmethods)withtheexpectedcreditlossasthebasis.Creditlossreferstothedifferencebetweenallreceivablecontractcashflowsandallexpectedcashflowsthatarediscountedtothepresentvaluebasedontheoriginalactualinterestrate--thepresentvalueofallcashshortfall.However,forthepurchasedororiginalfinancialassetssubjecttothecreditimpairment,theGroupshallrealizethediscountingbasedontheactualinterestratesubjecttothecreditadjustment.Generalmethodsappliedtomeasuretheexpectedcreditlosscanbedescribedas:theGroupshallevaluatewhetherthecreditriskofthefinancialassets(includingthecontractassetsandotherapplicableitems;thesamebelow)increasesremarkablyaftertheinitialrecognitiononthebalancesheetday;ifthecreditriskincreasesremarkablyaftertheinitialrecognition,theGroupshallmeasuretheprovisionforlossbasedonthespecificexpectedcreditlossamountduringtheentireperiodofexistence;ifnot,theGroupshallmeasuretheprovisionforlossbasedonthespecificexpectedcreditlossamountinthefollowing12months.Whileevaluatingtheexpectedcreditloss,theGroupshalltakeallreasonableandwell-foundedinformationintoconsideration,includingtheforward-lookinginformation.Forthefinancialinstrumentoflowercreditriskonthebalancesheetday,theGroupshallassumethatitscreditriskdoesnotincreaseremarkablyaftertheinitialrecognition,andcorrespondingprovisionforlossshallbemeasuredaccordingtotheexpectedcreditlossinthefollowing12months.
(2)StandardsforJudgingWhethertheCreditRiskIncreasesRemarkablyaftertheInitialRecognitionIfanyfinancialassets’probabilityofdefaultwithintheexpectedperiodofexistencedeterminedonthebalancesheetdayisobviouslyhigherthanthatwithintheexpectedperiodofexistencedeterminedduringtheinitialrecognition,itshallindicatetheremarkableincreaseofthefinancialassets’creditrisk.Unlessitisunderspecialcircumstances,theGroupshalladoptvariousvariationsinthedefaultriskinthefollowing12monthsasthereasonablebasisforestimatingcorrespondingvariationsinthedefaultriskwithintheentireperiodofexistenceanddeterminingwhetherthecreditriskincreasesremarkablyaftertheinitialrecognition.
(3)CombinedMethodforEvaluatingtheExpectedCreditRiskbasedonCorrespondingCombination
Forthefinancialassetswithremarkablydifferentcreditrisk,theGroupshallseparatelyevaluateitscreditrisk,includingthereceivablesfromrelatedparties,receivablesinvolvedinanydisputewiththeotherpartyoranylawsuitandarbitration,andreceivableswithobviousevidenceshowingthatthedebtorcannotfulfilltheduepaymentobligationetc.Exceptforthefinancialassetswhosecreditriskshallbeseparatelyevaluated,theGroupshalldividethesefinancialassetsintodifferentcombinationsbasedonthespecificriskfeatures,onwhichbasis,correspondingcreditriskscanbeevaluated.
(4)AccountingTreatmentMethodsAppliedtotheImpairmentofFinancialAssetsAttheendoftheperiod,theGroupshallcalculatetheexpectedcreditlossesofvariousfinancialassets.Iftheexpectedcreditlossishigherthanthecarryingamountofitscurrentimpairmentprovision,thedifferenceshallberecognizedastheimpairmentloss;iflower,thedifferenceshallberecognizedasthegainfromtheimpairment.
12.NotesReceivableFornotesreceivable,theGroupshallmeasuretheprovisionforlossbasedonthespecificexpectedcreditlossduringtheentireperiodofexistence.Accordingtothecreditriskcharacteristicsthereof,exceptthosewithseparateevaluationofcreditrisk,notesreceivablecanbedividedintodifferentcombinations:
Item
| Item | Basis |
| BankAcceptance | TheAcceptershallbethebankwithhighcreditlevelandlowrisks |
| TradeAcceptance | Classifiedbycreditriskofacceptors(thesameasaccountsreceivable) |
13.AccountsReceivableForaccountreceivableandcontractassetsexcludingsignificantfinancingcomposition,theGroupshallmeasuretheprovisionforlossaccordingtothespecificexpectedcreditlossamountwithintheentireperiodofexistence.Foraccountreceivable,contractassetsandleasepaymentreceivableincludingsignificantfinancingcomposition,theGroupshallalwaysmeasuretheprovisionforlossaccordingtothespecificexpectedcreditlossamountwithintheperiodofexistence.Excepttheaccountreceivableandcontractassetswhosecreditrisksshallbeseparatelyevaluated,theGroupshalldividethemintodifferentcombinationsbasedonthespecificcreditrisks:
| Item | Basis |
| AgingCombination | Thisportfolioisaccountsreceivablewithagingasthecreditriskfeature. |
| Relatedpartycombination | Theaccountsreceivablefromtheotherentitieswithinthe |
Item
| Item | Basis |
| consolidationscope |
14.AccountsReceivableFinancingTheGroup’saccountsreceivablefinancingisbasedonexpectedcreditlosses,andprovisionismadefordepreciationreservesinaccordancewiththeexpectedcreditlossmeasurementmethodfornotesreceivable.
15.OtherReceivablesTheGroupmeasuresthelossreservesonotherreceivablesinaccordancewiththefollowingcircumstances:a)Forfinancialassetswhosecreditriskhasnotsignificantlyincreasedsincetheinitialrecognition,theGroupmeasuresthelossreservesattheamountofexpectedcreditlossesforthenext12months;b)Forfinancialassetswhosecreditriskhasincreasedsignificantlysincetheinitialrecognition,theGroupmeasuresthelossreservesatanamountequaltotheexpectedcreditlossesfortheentireperiodofthefinancialinstrument;c)Forfinancialassetspurchasedororiginatedfromcreditimpairment,theGroupmeasuresthelossreservesatanamountequaltotheexpectedcreditlossesovertheentireperiodofthefinancialinstrument.Exceptotherreceivableswhosecreditrisksshallbeseparatelyevaluated,theGroupshalldividethemintodifferentcombinationsbasedonthespecificcreditriskfeatures:
| Item | Basis |
| AgingCombination | Thisportfolioisaccountsreceivablewithagingasthecreditriskfeature. |
| LowRiskCombination | Thiscombinationshallregardotherreceivablesofextremelylowrisk(includingtherevolvingfund,thecashdepositandtheguaranteedeposit)asthecreditriskfeature. |
| Relatedpartycombination | Otherreceivablesfromtheotherentitieswithintheconsolidationscope |
16.Long-termReceivablesBydeterminingwhetherthecreditriskoflong-termaccountreceivablesincreasesremarkablyaftertheinitialrecognition,theGroupshallmeasuretheimpairmentlossbasedonthespecificexpectedcreditlossinthefollowing12monthsorduringtheentireperiodofexistence.Exceptlong-termaccountreceivableswhosecreditrisksshallbeseparatelyevaluated,theGroupshalldividethemintodifferentcombinationsbasedonthespecificcreditriskfeatures:
| Item | Basis |
| FinancingLeaseCombination | Regardingthelong-termreceivablesrelatedtothefinancingleaseasthecreditriskcharacteristics |
Item
| Item | Basis |
| FranchiseCombination | Regardingthelong-termreceivablesrelatedtothePPPProjectasthecreditriskcharacteristics |
17.InventoriesTheGroup'sinventoriesmainlyincluderawmaterials,productsinprocess,semi-finishedproducts,Productsonhand,andentrustedprocessingmaterials.Theperpetualinventorymethodisusedforinventories.Inventoriesarepricedattheactualcostatthetimeofacquisition;theactualcostofinventoriesisdeterminedbytheweightedaveragemethodwheninventoriesareclaimedorissued.Low-valueconsumablesandpackagingareamortizedthroughtheone-offcharge-offmethod.Thenetrealizablevalueofinventoriesofgoodsthatareuseddirectlyforsale,suchasinventorygoods,productsinprocess,andmaterialsforsale,isdeterminedbytheestimatedsellingpriceoftheinventoryminusestimatedsaleexpenses,andrelatedtaxes;thenetrealizablevalueofinventoriesofmaterialsheldforproductionisdeterminedbytheestimatedsellingpriceofthefinishedgoodsproducedminustheestimatedcostsofcompletion,estimatedsaleexpenses,andrelatedtaxes.Theinventorieswithvariousnumbersandlowunitpriceshallbemadeprovisionsfordepreciationreservesofinventoriesaccordingtothecategoryofinventories.Forinventoriesthatareproducedandsoldinthesameregionwithsameorsimilarenduseorpurposes,andhardtobemeasuredseparatelyfromotheritems,itshallbemademergerprovisionsforfallingpriceofinventories.Thenetrealizablevaluerefers,intheordinarycourseofbusiness,totheaccountafterdeductingtheestimatedcostofcompletion,estimatedsaleexpenseandrelevanttaxesfromtheestimatedsalepriceofinventories.Thenetrealizablevalueofinventoriesshallbefixedonthebasisofvalidevidenceaswellasunderconsiderationofpurposeofinventoriesandtheeffectofeventsafterbalance-sheet-date.Afterwithdrawingthedepreciationreservesforinventories,ifthefactors,whichcauseanywrite-downoftheinventories,havedisappeared,causingthenetrealizablevalueofinventoriesishigherthanitscarryingamount;theamountofwrite-downshallbereversedfromtheoriginalamountofdepreciationreserveforinventories.Thereversedamountshallbeincludedintheprofitsandlossesofthecurrentperiod.
18.ContractAssets
(1)ConfirmationmethodsandstandardsofcontractassetsContractassetsrefertotherightoftheGrouptoreceiveconsiderationaftertransferringgoodstocustomers,andthisrightdependsonfactorsotherthanthepassageoftime.IftheGroupsellstwoclearlydistinguishableproductstocustomers,ithastherighttoreceivepaymentbecauseoneoftheproductshasbeendelivered,butthepaymentisalsodependentonthedeliveryoftheother
product,theGrouphastherighttoreceivepaymentasacontractassets.
(2)DeterminationmethodandaccountingtreatmentmethodofexpectedcreditlossofcontractassetsForthemethodofdeterminingtheexpectedcreditlossofcontractassets,seetheNoteIV-11.ImpairmentofFinancialAssets,NoteIV-12.NotesReceivableandNoteIV-13.AccountsReceivable.TheGroupcalculatestheexpectedcreditlossofcontractassetsonthebalancesheetdate.Iftheexpectedcreditlossisgreaterthanthebookvalueofthecurrentcontractassetimpairmentprovision,theGroupwillrecognizethedifferenceasanimpairmentlossanddebitthe"assetimpairmentloss".Credited"Contractassetimpairmentprovision".Onthecontrary,theGrouprecognizesthedifferenceasanimpairmentgainandkeepstheoppositeaccountingrecords.IftheGroupactuallyincurscreditlossesanddeterminesthattherelevantcontractassetscannotberecovered,andthewritten-offisapproved,the"contractassetimpairmentreserve"isdebitedandthe"contractedasset"iscreditedbasedontheapprovedwrite-offamount.Ifthewritten-offamountisgreaterthantheprovisionforlossthathasbeenwithdrawn,the"assetimpairmentloss"isdebitedbasedonthedifference.
19.ContractCosts
(1)ThemethodofdeterminingtheamountofassetsrelatedtocontractcostsTheGroup’sassetsrelatedtocontractcostsincludecontractperformancecostsandcontractacquisitioncosts.Thecontractperformancecost,thatis,thecostincurredbytheGroupfortheperformanceofthecontract,doesnotfallwithinthescopeofotheraccountingstandardsandmeetsthefollowingconditionsatthesametime,asthecontractperformancecostisrecognizedasanasset:thecostandacurrentorexpectedcontractDirectlyrelated,includingdirectlabor,directmaterials,manufacturingexpenses,clearlythecostbornebythecustomer,andothercostsincurredonlyduetothecontract;thiscostincreasestheGroup'sfutureresourcesforfulfillingitsperformanceobligations;Thiscostisexpectedtoberecovered.Thecontractacquisitioncost,thatis,theincrementalcostincurredbytheGrouptoobtainthecontractisexpectedtoberecovered,andisrecognizedasanassetasthecontractacquisitioncost;iftheassetamortizationperioddoesnotexceedoneyear,itisincludedinthecurrentprofitandlosswhenitoccurs.Incrementalcostreferstothecost(suchassalescommission,etc.)thattheGroupwillnotincurwithoutobtainingthecontract.TheGroup'sexpensesincurredinobtainingthecontract,otherthantheexpectedincrementalcostthatcanberecovered(suchastravelexpensesincurredregardlessofwhetherthecontractisobtained,etc.),areincludedinthecurrentprofitandlosswhentheyareincurred,butitisclearlybornebythecustomerexcept.
(2)AmortizationofassetsrelatedtocontractcostsTheGroup’sassetsrelatedtocontractcostsareamortizedonthesamebasisasthecommodity
revenuerecognitionrelatedtotheassetandincludedinthecurrentprofitandloss.
(3)ImpairmentofassetsrelatedtocontractcostsWhentheGroupdeterminestheimpairmentlossofassetsrelatedtocontractcosts,itfirstdeterminestheimpairmentlossofotherassetsrelatedtothecontractthatareconfirmedinaccordancewithotherrelevantbusinessaccountingstandards;then,basedontheirbookvaluehigherthantheGroup’stransferandIfthedifferencebetweentheremainingconsiderationthattheasset-relatedcommodityisexpectedtoobtainandtheestimatedcostincurredforthetransferoftherelevantcommodity,theexcessshallbeprovidedforimpairmentandrecognizedasanassetimpairmentloss.Ifthedepreciationfactorsofthepreviousperiodhavechanged,andtheaforementioneddifferenceishigherthanthebookvalueoftheasset,theoriginalprovisionforassetimpairmentshallbereversedandincludedinthecurrentprofitandloss,butthebookvalueoftheassetafterthereversalshallnotexceedAssumingnoprovisionforimpairmentismade,thebookvalueoftheassetonthedateofreversal.
20.Long-termEquityInvestmentsTheGroup'slong-termequityinvestmentsmainlyconsistofinvestmentsinsubsidiaries,associatedenterprises,andjointventures.TheGroup’sjudgmentonjointcontrolisbasedonthefactthatallparticipantsoracombinationofparticipantscollectivelycontrolthearrangementandthatthepoliciesoftheactivitiesrelatedtothearrangementshallbeunanimouslyagreedbythoseparticipantswho.TheGroupisgenerallyconsideredtohaveasignificantinfluenceontheinvesteewhenitowns,directlyorindirectlythroughasubsidiary,above20%butbelow50%ofthevotingrightsoftheinvestee.IftheGroupholdslessthan20%ofthevotingrightsoftheinvestee,italsoneedstojudgewhethertheGrouphasasignificantinfluenceontheinvesteebytakingintoaccountthefactsandcircumstancessuchashavingrepresentativesontheboardofdirectorsorsimilarauthorityoftheinvestee,orparticipatingintheprocessofformulatingfinancialandoperatingpoliciesoftheinvestee,orhavingmajortransactionswiththeinvestee,orsendingmanagementpersonneltotheinvestee,orprovidingkeytechnicalinformationtotheinvestee.Ifcontrolovertheinvesteeisformed,itisasubsidiaryoftheGroup.Forlong-termequityinvestmentacquiredthroughbusinesscombinationunderthesamecontrol,theinitialinvestmentcostofthelong-termequityinvestmentsisrecordedatthemergerdatebasedontheacquisitionofthemergedparty'sshareofthebookvalueofthenetassetsoftheultimatecontrollerintheconsolidatedfinancialstatement.Ifthebookvalueofthenetassetsofthemergedpartyonthemergerdateisnegative,thecostoflong-termequityinvestmentsisdeterminedaszero.Iftheequityoftheinvesteeunderthesamecontrolisacquiredinstagesthroughmultipletransactionstoeventuallyresultinabusinesscombination,additionaldisclosuresofthetreatmentoflong-termequityinvestmentsintheparentGroup'sfinancialstatementsshallbemadeinthe
ReportingPeriodinwhichcontrolisobtained.Forexample,ifthebusinesscombinationthatisultimatelyformedthroughmultipletransactionstoacquiretheequityoftheinvesteeunderthesamecontrolbelongstoapackagedeal,theGroupshallconductaccountingtreatmenttotreateachtransactionasasingletransactiontoacquirecontrol.Ifthetransactionisnotapackagedeal,theinitialinvestmentcostofthelong-termequityinvestmentisbasedontheshareofthebookvalueofthenetassetsofthemergedpartyintheconsolidatedfinancialstatementsoftheultimatecontrolleratthemergerdate.Thedifferencebetweentheinitialinvestmentcostandthesumofthebookvalueofthelong-termequityinvestmentbeforethemergerplusthebookvalueofthenewconsiderationpaidforfurtheracquisitionofsharesatthemergerdateshalloffsetagainstcapitalreserve;andwherecapitalreserveisinsufficienttobeoffset,theretainedearningsshallbeadjusted.Forlong-termequityinvestmentacquiredthroughbusinesscombinationnotunderthesamecontrol,theinitialinvestmentcostshallbetheconsolidationcost.Iftheequityoftheinvesteenotunderthesamecontrolisacquiredinstagesthroughmultipletransactionstoeventuallyresultinabusinesscombination,additionaldisclosuresofthecosttreatmentoflong-termequityinvestmentsintheparentGroup'sfinancialstatementsshallbemadeintheReportingPeriodinwhichcontrolisobtained.Forexample,ifthebusinesscombinationthatisultimatelyformedthroughmultipletransactionstoacquiretheequityoftheinvesteenotunderthesamecontrolbelongstoapackagedeal,theGroupshallconductaccountingtreatmenttotreateachtransactionasasingletransactiontoacquirecontrol.Ifthetransactionisnotapackagedeal,thesumofthebookvalueoftheequityinvestmentoriginallyheldplusthecostofthenewinvestmentshallbetheinitialinvestmentcostcalculatedinaccordancewiththecostmethod.Iftheequityheldpriortothepurchasedateisaccountedbytheequitymethod,therelevantothercomprehensiveincomeaccountedbytheoriginalequitymethodshallnotbeadjusted.Thesamebasisofaccountingasthatusedforthedirectdisposaloftherelatedassetsorliabilitiesbytheinvesteeisusedforthedisposaloftheinvestment.Iftheequityheldpriortothepurchasedateisafinancialassetdesignatedtobemeasuredatfairvaluewithfluctuationsincludedinothercomprehensiveincome,thecumulativeprofitorlossontheequitypreviouslyrecognizedinothercomprehensiveincomeshallbetransferredfromothercomprehensiveincometotheretainedearnings;iftheequityisafinancialassetmeasuredatfairvalueandthechangesofwhichareincludedinprofitsandlossesofthecurrentperiod,theequitypreviouslyrecognizedasprofitsandlossesfromthechangesinfairvalueshallnotbetransferredtoinvestmentincome.Iftheequityheldpriortothepurchasedateisaninvestmentforotherequityinstruments,thechangesinfairvalueoftheequityinvestmentaccumulatedinothercomprehensiveincomebeforethepurchasedateshallbetransferredtotheretainedearnings.Exceptforthelong-termequityinvestmentsacquiredthroughbusinesscombinationhereinabove,long-termequityinvestmentsacquiredbypayingcasharerecordedasinvestmentcostbasedontheactualpurchasepricepaid;long-termequityinvestmentsacquiredbyissuingequitysecurities
arerecordedasinvestmentcostbasedonthefairvalueoftheequitysecuritiesissued;long-termequityinvestmentsinvestedbyinvestorsarerecordedasinvestmentcostbasedonthevalueagreedintheinvestmentcontractoragreement.TheGroupcalculatesitsinvestmentsinsubsidiariesthroughthecostmethodanditsinvestmentsinjointventuresandassociateenterprisesthroughtheequitymethod.Forlong-termequityinvestmentscalculatedbythecostmethodforsubsequentmeasurement,thebookvalueofthecostoflong-termequityinvestmentsshallbeincreasedbythefairvalueofthecostamountpaidfortheadditionalinvestmentandrelevanttransactioncostsincurredwhentheadditionalinvestmentismade.Cashdividendsorprofitsdeclaredbytheinvesteearerecognizedasinvestmentincomeforthecurrentperiodinaccordancewiththedueamount.Inadditiontotheabove-mentionedlong-termequityinvestmentobtainedthroughbusinesscombination,thelong-termequityinvestmentobtainedbypayingcashshallberegardedastheinvestmentcostaccordingtothepurchasepriceactuallypaid;thelong-termequityinvestmentobtainedbyissuingequitysecuritiesshallberegardedastheinvestmentcostaccordingtothefairvalueofissuingequitysecurities;thelong-termequityinvestmentinvestedbyinvestorsshallberegardedastheinvestmentcostaccordingtotheinvestmentcontractoragreementThevalueoftheGroupisregardedasthecostofinvestment.TheGroupadoptsthecostmethodforinvestmentinsubsidiariesandtheequitymethodforinvestmentinjointventuresandassociatedenterprises.Forthelong-termequityinvestmentwhosesubsequentmeasurementadoptsthecostmethod,whentheadditionalinvestmentismade,thebookvalueofthelong-termequityinvestmentcostisincreasedaccordingtothefairvalueofthecostamountpaidbytheadditionalinvestmentandtherelevanttransactionexpenses.Thecashdividendsorprofitsdeclaredtobedistributedbytheinvesteeshallberecognizedasthecurrentinvestmentincomeaccordingtotheamountthatshouldbeenjoyed.Forthelong-termequityinvestmentwithequitymethodforsubsequentmeasurement,thebookvalueofthelong-termequityinvestmentwillincreaseordecreasewiththechangeoftheowner'sequityoftheinvestedentity.Whenconfirmingtheshareofthenetprofitandlossoftheinvestee,thenetprofitandlossoftheinvesteeshallbecalculatedbasedonthefairvalueoftheidentifiableassetsoftheinvesteeatthetimeofobtainingtheinvestment,inaccordancewiththeaccountingpoliciesandaccountingperiodoftheGroup,andoffsettheinternaltransactionprofitandlossbetweenthejointventureandthejointventureaccordingtotheshareholdingratioProfitisrecognizedafteradjustment.Fordisposaloflong-termequityinvestment,thedifferencebetweenthebookvalueandtheactualpriceshallbeincludedinthecurrentinvestmentincome.Forlong-termequityinvestmentaccountedbyequitymethod,othercomprehensiveincomeaccountedbytheoriginalequitymethodshallbeaccountedonthesamebasisastheinvestee'sdirectdisposalofrelevantassetsorliabilitieswhentheequitymethodisterminated,andtheowner'sequityshallberecognizeddueto
otherchangesinowner'sequityoftheinvesteeexceptnetprofitandloss,othercomprehensiveincomeandprofitdistributionWhentheequitymethodisterminated,allofthemshallbetransferredintothecurrentinvestmentincome.Incaseoflossofjointcontrolorsignificantinfluenceontheinvesteeduetothedisposalofpartofequityinvestment,theremainingequityafterdisposalshallbeaccountedaccordingtotherelevantprovisionsoftherecognitionandmeasurementstandardsoffinancialinstruments,andthedifferencebetweenthefairvalueandthebookvalueoftheremainingequityonthedateoflossofjointcontrolorsignificantinfluenceshallbeincludedinthecurrentprofitsandlosses.Whentheequitymethodisterminated,theothercomprehensiveincomeoftheoriginalequityinvestmentrecognizedasaresultofitsaccountingwiththeequitymethodshallbehandledonthesamebasisastheinvestee'sdirectdisposaloftherelevantassetsorliabilitiesandcarriedforwardinproportion.Theowner'sequityrecognizedasaresultofthechangesintheowner'sequityoftheinvesteeotherthannetprofitandloss,othercomprehensiveincomeandprofitdistributionshallbecarriedforwardinproportionTransfertocurrentinvestmentincome.Ifthecontrolovertheinvesteeislostduetothedisposalofpartofthelong-termequityinvestment,andtheresidualequityafterdisposalcanjointlycontrolorexertsignificantinfluenceontheinvestee,itshallbeaccountedaccordingtotheequitymethod,andthedifferencebetweenthebookvalueofthedisposalequityandthedisposalconsiderationshallbeincludedintheinvestmentincome,andtheresidualequityshallberegardedasadjustedbytheequitymethodwhenitisobtainedIftheresidualequitycannotexercisejointcontrolorexertsignificantinfluenceontheinvestee,theaccountingtreatmentshallbecarriedoutaccordingtotherelevantprovisionsoftherecognitionandmeasurementstandardsoffinancialinstruments.Thedifferencebetweenthebookvalueofthedisposalequityandthedisposalconsiderationshallbeincludedintheinvestmentincome,andthedifferencebetweenthefairvalueandthebookvalueoftheresidualequityonthedayoflosingcontrolshallbeincludedinthecurrentprofitsandlosses.Ifthetransactionfromstep-by-stepdisposalofequitytolossofcontrolrightdoesnotbelongtopackagetransaction,accountingtreatmentshallbecarriedoutforeachtransactionseparately.Ifitisa"packagedeal",eachtransactionwillbetreatedasatransactionofdisposalofsubsidiariesandlossofcontrol.However,beforethelossofcontrol,thedifferencebetweenthedisposalpriceofeachtransactionandthebookvalueofthelong-termequityinvestmentcorrespondingtothedisposedequitywillberecognizedasothercomprehensiveincome,andwhenthecontrolislost,itwillbetransferredtothecurrentaccountoflossofcontrolPeriodprofitandloss
21.InvestmentPropertyTheterm“investmentproperty”referstotherealestateheldforgeneratingrentand/orcapitalappreciation.InvestmentpropertyoftheGroupincludetherighttouseanylandwhichhasalreadybeenrented;therighttouseanylandwhichisheldandpreparedfortransferafterappreciation;andtherighttouseanybuildingwhichhasalreadybeenrented.Inaddition,ifthe
boardofdirectors(orsimilarorganizations)makesawrittenresolutiontousethevacantbuildingsheldbytheGroupforoperatingleaseandtheholdingintentionwillnotchangeinashorttime,theywillalsobelistedasinvestmentrealestate.Theinitialmeasurementoftheinvestmentpropertyshallbemadeatitscost.SubsequentexpendituresincurredforaninvestmentpropertyisincludedinthecostoftheinvestmentpropertywhenitisprobablethateconomicbenefitsassociatedwiththeinvestmentpropertywillflowtotheGroupandthecostcanbereliablymeasured,otherwisetheexpenditureisrecognizedinprofitorlossintheperiodinwhichtheyareincurred.TheGroupshallmakeafollow-upmeasurementtotheinvestmentpropertybyemployingthecostpatternonthedateofthebalancesheet.Anaccrualdepreciationoramortizationshallbemadefortheinvestmentpropertyinthelightoftheaccountingpoliciesoftheuserightofbuildingsorlands.Fordetailsofimpairmenttestmethodandwithdrawalmethodofimpairmentprovisionofinvestmentproperty,pleaserefertoNoteIV.27.“Long-termassetsimpairment”.TheGroup'sinvestmentrealestateadoptstheaveragelifemethodfordepreciationoramortization.Theexpectedservicelife,netresidualvaluerateandannualdepreciation(amortization)rateofallkindsofinvestmentrealestateshallrefertothedepreciationpolicyofbuildingsinfixedassetsandtheamortizationpolicyoflanduserightinintangibleassets.Whenowner-occupiedrealestateorinventoriesarechangedintoinvestmentpropertyorinvestmentpropertyischangedintoowner-occupiedrealestate,ofwhichbookvaluepriortothechangeshallbetheentryvalueafterthechange.Whenaninvestmentpropertyischangedtoanowner-occupiedrealestate,itwouldbetransferredtofixedassetsorintangibleassetsatthedateofsuchchange.Whenanowner-occupiedrealestateischangedtobeheldtoearnrentalorforcapitalappreciation,thefixedassetorintangibleassetistransferredtoinvestmentpropertyatthedateofsuchchange.Ifthefixedassetorintangibleassetischangedintoinvestmentpropertymeasuredbyadoptingthecostpattern,whosebookvaluepriortothechangeshallbetheentryvalueafterthechange;ifthefixedassetorintangibleassetischangedintoinvestmentpropertymeasuredbyadoptingthefairvaluepattern,whosefairvalueonthedateofsuchchangeshallbetheentryvalueafterthechange.Aninvestmentpropertyisderecognizedondisposalorwhentheinvestmentpropertyispermanentlywithdrawnfromuseandnofutureeconomicbenefitsareexpectedfromitsdisposal.Theamountofproceedsonsale,transfer,retirementordamageofaninvestmentpropertylessitscarryingamountandrelatedtaxesandexpensesisrecognizedinprofitorlossintheperiodinwhichitisincurred.
22.FixedAssetsTheGroup’sfixedassetsaretangibleassetsheldfortheproductionofgoods,provisionofservices,rentaloroperationmanagementandhaveausefullifeofmorethanoneyear.
FixedassetsshouldberecognizedwhenitisprobablethattheeconomicbenefitsassociatedwiththemwillbeincorporatedintotheGroupandtheircostcanbemeasuredreliably.TheGroup’sfixedassetsincludebuildingsandconstructions,machineryandequipment,electronicequipment,transportationequipment,andotherequipment.TheGroupdepreciatesallfixedassetsbystraight-linemethod,exceptforfullydepreciatedfixedassetsthatcontinuetobeusedandlandthatisseparatelyvalued.Thecategorizeddepreciablelives,estimatednetsalvageratesanddepreciationratesoftheGroup’sfixedassetsareasfollows.
No.
| No. | Category | Method | Depreciationperiod(year) | Expectednetsalvagevalue(%) | Annualdeprecation(%) |
| 1 | Housingandbuilding | Straight-linedepreciation | 20-40 | 5-10.00 | 2.25-4.75 |
| 2 | Machineryequipment | Straight-linedepreciation | 5-10 | 5-10.00 | 9.00-19.00 |
| 3 | Electronicequipment | Straight-linedepreciation | 3-5 | 5-10.00 | 18.00-31.67 |
| 4 | Transportationvehicle | Straight-linedepreciation | 3-5 | 5-10.00 | 18.00-31.67 |
| 5 | Otherequipment | Straight-linedepreciation | 5 | 5-10.00 | 18.00-19.00 |
Theestimatedusefullife,estimatednetsalvagevalueanddepreciationmethodoffixedassetsarereviewedattheendofeachyear.Accountingestimationmethodsareusedwhenchangesarerequired.
23.ConstructioninProgressOnthedatewhentheconstructioninprogressreachesitsintendeduseablestate,fixedassetsarecarriedforwardattheestimatedvaluebasedontheprojectbudget,costoractualcostoftheproject,etc.Depreciationstartsfromthefollowingmonth,andthedifferenceintheoriginalvalueoffixedassetsisadjustedafterthecompletionofthefinalaccountingprocedures.
24.BorrowingCostsForincurredborrowingcosts,whichcanbedirectlyattributedtofixedassets,investmentrealestateandinventorythatneedmorethanoneyearofpurchasing,constructionorproductionactivitiestoreachthepresetusableorsellablestatus,shallbecapitalizedwhentheassetexpenditurehasoccurred,theborrowingcostshaveoccurred,andthepurchasing,constructionorproductionactivitiesnecessaryfortheassettoreachthepresetusableorsellablestatushavebegun;Whentheacquisition,constructionorproductionofassetsthatmeetthecapitalizationconditionsreachtheintendedusableorsellablestatus,capitalizationisstopped,andthe
borrowingcostsincurredthereafterareincludedintheprofitsandlossesofthecurrentperiod.Ifthereisanabnormalinterruptionintheacquisition,constructionorproductionofassetsthatmeetthecapitalizationconditionsandtheinterruptionlastsformorethan3consecutivemonths,thecapitalizationofborrowingcostswillbesuspendeduntiltheacquisition,constructionorproductionofassetsstartsagain.Theto-be-capitalizedamountofinterestsshallbedeterminedinlightoftheactualinterestsincurredofthespeciallyborrowedloanatthepresentperiodminustheincomeofinterestsearnedontheunusedborrowingloansasadepositinthebankorasatemporaryinvestment;theenterpriseshallcalculateanddeterminetheto-be-capitalizedamountonthegeneralborrowingbymultiplyingtheweightedaverageassetdisbursementofthepartoftheaccumulativeassetdisbursementsminusthegeneralborrowingbythecapitalizationrateofthegeneralborrowingused.Thecapitalizationrateshallbecalculatedanddeterminedinlightoftheweightedaverageinterestrateofthegeneralborrowing.
25.Right-of-UseAssets
Theright-of-useassetsrefertotherightoftheGroupasthelesseetousetheleasedassetsduringtheleaseterm.
(1)InitialmeasurementAfterthecommencementdateoftheleaseterm,theGroupusesthecostforinitialmeasurementofright-of-useassets.Thecostincludesthefollowingfouritems:a)Theinitialmeasurementamountofleaseliabilities;b)Ifthereisaleaseincentivefortheleasepaymentpaidonorbeforethecommencementdateoftheleaseterm,therelevantamountoftheleaseincentivealreadyenjoyedshallbededucted;c)Theinitialdirectexpensesincurredaretheincrementalcostsincurredinreachingthelease;d)Thecostsexpectedtobeincurredfordismantlingandremovingtheleasedassets,restoringthesitewheretheleasedassetsarelocatedorrestoringtheleasedassetstothestateagreedintheleaseterms,exceptthoseincurredfortheproductionofinventories.
(2)Follow-upmeasurementAfterthecommencementdateoftheleaseterm,theGroupadoptsthecostmodeltocarryoutfollow-upmeasurementoftheright-of-useassets,thatis,theright-of-useassetsaremeasuredatcostlessaccumulateddepreciationandaccumulatedimpairmentlosses.IftheGroupre-measurestheleaseliabilitiesaccordingtotherelevantprovisionsoftheleasestandards,thebookvalueoftheright-of-useassetsshallbeadjustedaccordingly.
(3)Depreciationofright-of-useassetsFromthecommencementdateoftheleaseterm,theGrouphasaccrueddepreciationontheright-of-useassets.Right-of-useassetsareusuallydepreciatedfromthemonthwhentheleasetermbegins.Theaccrueddepreciationamountisincludedinthecostofrelatedassetsorcurrentprofitsandlossesaccordingtotheuseoftheright-of-useassets.Whendeterminingthedepreciationmethodoftheright-of-useassets,theGroupmakesadecisionbasedontheexpectedconsumptionmodeoftheeconomicbenefitsrelatedtotheright-of-useassets,andaccruesdepreciationfortheright-of-useassetsonthestraight-linemethod.Whendeterminingthedepreciationperiodoftheright-of-useassets,theGroupfollowsthefollowingprinciples:Iftheownershipoftheleasedassetscanbereasonablydeterminedwhentheleasetermexpires,depreciationshallbeaccruedwithintheremainingservicelifeoftheleasedassets;ifitcannot
bereasonablydeterminedthattheownershipoftheleasedassetcanbeobtainedwhentheleasetermexpires,depreciationshallbeaccruedwithintheshorteroftheleasetermandtheremainingservicelifeoftheleasedasset.
(4)Impairmentofright-of-useassetsIftheright-of-useassetsareimpaired,theGroupcarriesoutsubsequentdepreciationaccordingtothebookvalueoftheright-of-useassetsafterdeductingtheimpairmentloss.
26.IntangibleAssetsTheGroup’sintangibleassetsincludelanduserights,patentedtechnologyandnon-proprietarytechnology,whicharemeasuredatactualcostatthetimeofacquisition.Acquiredintangibleassetsarestatedatactualcostbasedontheactualpricepaidandrelatedotherexpenses.Theactualcostofintangibleassetsinvestedbyinvestorsisdeterminedatthevalueagreedintheinvestmentcontractoragreement,butiftheagreedvalueinthecontractoragreementisnotfair,theactualcostisdeterminedatfairvalue.Intangibleassets,suchaspatents,acquiredinamergernotundercommoncontrolbutownedbytheacquireebutnotrecognizedinitsfinancialstatements,arerecognizedasintangibleassetsatfairvalueatthetimeofinitialrecognitionoftheacquiree’sassets.Landuserightsareamortizedequallyovertheyearsfromthecommencementdateofthegrant;intangibleassetssuchassoftwareandpatentsareamortizedequallyovertheshortestoftheestimatedusefullife,thecontractualbeneficiarylifeandtheeffectivelifeprescribedbylaw.Theamortizationamountischargedtothecostoftherelatedassetsandcurrentprofitorlossaccordingtotheirbeneficiaries.Theestimatedusefullifeandamortizationmethodofintangibleassetswithfiniteusefullivesarereviewedattheendofeachyear.Accountingestimationmethodsareusedwhenchangesarerequired.ThemainresearchanddevelopmentprojectsoftheGroupincludetheperformanceimprovementprojectofMini&MicroLED.
(1)Specificcriteriafordividingtheresearchphaseanddevelopmentphase“Research”meansanoriginalandplannedinvestigationtoacquireandunderstandnewscientificortechnicalknowledge.“Development”meanstheapplicationofresearchresultsorotherknowledgetooneormoreplansordesignstoproduceneworsubstantiallyimprovedmaterials,devices,products,ortoobtainnewprocesses,etc.,priortocommercialproductionoruse.Expensesfortheresearchphasearechargedtocurrentprofitorlossasincurred.
(2)SpecificcriteriaforcapitalizationofdevelopmentstageexpendituresExpendituresinthedevelopmentstagearecapitalizedwhenthefollowingconditionsaremet.
①Itisfeasibletechnicallytofinishintangibleassetsforuseorsale;
②Itisintendedtofinishanduseorselltheintangibleassets;
③Theusefulnessofmethodsforintangibleassetstogenerateeconomicbenefitsshallbeproved,includingbeingabletoprovethatthereisapotentialmarketfortheproductsmanufacturedby
applyingtheintangibleassetsorthereisapotentialmarketfortheintangibleassetsitselfortheintangibleassetswillbeusedinternally;
④Itisabletofinishthedevelopmentoftheintangibleassets,andabletouseorselltheintangibleassets,withthesupportofsufficienttechnologies,financialresourcesandotherresources;
⑤Thedevelopmentexpendituresoftheintangibleassetscanbereliablymeasured.
27.ImpairmentofLong-termAssetsFornon-currentfinancialAssetsoffixedAssets,projectsunderconstruction,intangibleAssetswithlimitedservicelife,investingrealestatewithcostmodel,long-termequityinvestmentofsubsidiaries,cooperativeenterprisesandjointventures,theGroupshouldjudgewhetherdecreaseinvalueexistsonthedateofbalancesheet.Recoverableamountsshouldbetestedfordecreaseinvalueifitexists.OtherintangibleAssetsofreputationanduncertainservicelifeandothernon-accessibleintangibleassetsshouldbetestedfordecreaseinvaluenomatterwhetheritexists.Iftherecoverableamountislessthancarryingvalueinimpairmenttestresults,theprovisionforimpairmentofdifferencesshouldincludeinimpairmentloss.Recoverableamountswouldbethehigherofnetvalueofassetfairvaluedeductingdisposalchargesorpresentvalueofpredictedcashflow.Assetfairvalueshouldbedeterminedaccordingtonegotiatedsalespriceoffairtrade.Ifnosalesagreementexistsbutwithassetactivemarket,fairvalueshouldbedeterminedaccordingtotheBuyer’spriceoftheasset.Ifnosalesagreementorassetactivemarketexists,assetfairvaluecouldbeacquiredonthebasisofbestinformationavailable.Disposalexpensesincludelegalfees,taxes,cartageorotherdirectexpensesofmerchantableAssetsrelatedtoassetdisposal.PresentvalueofpredictedassetcashflowshouldbedeterminedbytheproperdiscountrateaccordingtoAssetsinserviceandpredictedcashflowoffinaldisposal.AssetdepreciationreservesshouldbecalculatedonthebasisofsingleAssets.IfitisdifficulttopredicttherecoverableamountsforsingleAssets,recoverableamountsshouldbedeterminedaccordingtothebelongingassetgroup.Assetgroupistheminimumassetcombinationproducingcashflowindependently.Inimpairmenttest,carryingvalueofthebusinessreputationinfinancialreportshouldbesharedtobeneficialassetgroupandassetgroupcombinationincollaborationofbusinessmerger.Itisshowninthetestthatifrecoverableamountsofsharedbusinessreputationassetgrouporassetgroupcombinationarelowerthanbookvalue,itshoulddeterminetheimpairmentloss.Impairmentlossamountshouldfirstlybedeductedandsharedtothecarryingvalueofbusinessreputationofassetgrouporassetgroupcombination,thendeductcarryingvalueofallassetsaccordingtoproportionsofothercarryingvalueofaboveassetsinassetgrouporassetgroupcombinationexceptbusinessreputation.Aftertheassetimpairmentlossisdetermined,recoverablevalueamountswouldnotbereturnedinfuture.
28.Long-termDeferredExpensesTheLong-termdeferredexpensesoftheGroupincludingrenovationcost,moldcostandsoonshallbeamortizedevenlyduringthebenefitperiod.Iftheselong-termdeferredexpensescannotbenefitthefutureaccountingperiod,theamortizedvalueofthisitemthathasnotbeenamortizedshallbetransferredtothecurrentprofitandloss.
29.ContractLiabilitiesLiabilitiesofcontractsrefertotheGroup'sobligationtotransfergoodstocustomersduetotheconsiderationreceivedorreceivablefromcustomers.Beforethetransfers,ifthecustomerhaspaidtheconsiderationoriftheGrouphasobtainedtherighttounconditionallycollectthecontractconsideration,theliabilitiesofcontractsshallberecognizedbasedontheamountreceivedorreceivableattheearlierpointbetweentheactualpaymentbythecustomerandthepaymentdue.
30.EmployeeCompensationSalariesofstaffoftheGroupincludeshort-termsalary,post-employmentbenefits,terminationcompensation,andotherlong-termbenefits.Short-termsalarymainlyincludeswages,bonuses,allowancesandsubsidies,aswellasemployeebenefits,medicalinsurance,maternityinsurance,employmentinjuryinsurance,housingprovidentfund,laborunionexpenses,andstaffeducationexpenses,andnon-monetarybenefits.Duringtheaccountingperiodwhentheemployeesprovideservices,theactualshort-termcompensationisrecognisedasaliabilitythatshallbeincludedinthecurrentprofitandlossorthecostofrelatedassetsaccordingtothebeneficiary.Thepost-employmentbenefitsmainlyincludethebasicendowmentinsurance,etc.TheyaredividedintodefinedcontributionplansanddefinedbenefitplansinaccordancewiththerisksandobligationsundertakenbytheGroup.Accordingtothedefinedcontributionplan,thedepositpaidtoaseparateentityinexchangefortheservicesprovidedbytheemployeesduringtheaccountingperiodonthebalancesheetdateisrecognizedasliabilities,andshallbeincludedinthecurrentprofitandlossorthecostofrelatedassetsaccordingtothebeneficiary.IftheGrouphasadefinedbenefitplan,thespecificaccountingmethodshouldbeexplained.Whenterminatinglabourrelationsbeforeexpirationofcontract,orlayoffswithcompensations,andtheGroupcannotterminatethelabourrelationsunilaterallyorreducethedemissionwelfare,remunerationandliabilitiesproducedfromthedemissionwelfareshouldbedeterminedandincludedincurrentprofitsandlosseswhendeterminingthecostsofdemissionwelfareandrecombination.However,demissionwelfarenotfullypaidwithin12monthsafterannualReportingPeriodshouldbehandledthesameasotherlong-termemployees’payrolls.Theinsideemployeeretirementplanistreatedbyadoptingthesameprinciplewiththeabove
dismissionwelfare.TheGroupwouldrecordedthesalaryandthesocialsecurityinsurancefeespaidandsoonfromtheemployee’sserviceterminationdatetonormalretirementdateintocurrentprofitsandlosses(dismissionwelfare)undertheconditionthattheymeettherecognitionconditionsofestimatedliabilities.
Theotherlong-termwelfarethattheGroupofferstothestaffs,ifmetwiththesettingdrawingplan,shouldbeaccountingdisposedaccordingtothesettingdrawingplan,whiletherestshouldbedisposedaccordingtothesettingrevenueplan.
31.LeaseLiabilities
(1)InitialmeasurementTheGroupinitiallymeasurestheleaseobligationatthepresentvalueoftheleasepaymentsoutstandingatthecommencementdateoftheleaseterm.
1)LeasepaymentsLeasepaymentsrefertotheamountpaidbytheGrouptothelessorrelatedtotherighttousetheleasedassetsduringtheleaseterm,including:a)Fixedpaymentamountandsubstantialfixedpaymentamount.Ifthereisleaseincentive,deducttheamountrelatedtoleaseincentive;b)Thevariableleasepaymentamountdependingontheindexorratio,whichisdeterminedaccordingtotheindexorratioonthecommencementdateoftheleasetermattheinitialmeasurement;c)WhentheGroupreasonablydeterminestheexercisepriceofthepurchaseoptionwhenitwillexerciseit;d)TheleasetermreflectstheamounttobepaidtoexercisetheterminationoptionwhentheGroupwillexercisetheterminationoption;e)TheamountexpectedtobepaidbasedontheresidualvalueoftheguaranteeprovidedbytheGroup.
2)RateofdiscountWhencalculatingthepresentvalueoftheleasepayments,theGroupusestheinterestrateimplicitinleaseastherateofdiscount,whichistheinterestrateatwhichthesumofthepresentvalueofthelessor'sleasereceiptsandthepresentvalueoftheunsecuredresidualvalueequalsthesumofthefairvalueoftheleasedassetandthelessor'sinitialdirectexpenses.IftheGroupfailstodeterminetheinterestrateimplicitinlease,theincrementalinterestrateonborrowingwillbeusedastherateofdiscount.TheincrementalinterestrateonborrowingshallmeantheinterestratepayablebytheGrouptoborrowfundsundersimilarmortgageconditionsduringsimilarperiodstoacquireassetsclosetothevalueoftheright-of-useassetsundersimilareconomiccircumstances.Theinterestrateisrelatedtothefollowingmatters:a)TheGroup'sownsituation,thatis,theCompany'ssolvencyandcreditstatus;b)Thetermof"loan",thatis,theleaseterm;c)Theamountof"borrowed"funds,thatis,theamountofleaseliabilities;d)"Mortgageconditions",thatis,thenatureandqualityoftheunderlyingassets;e)Economicenvironment,includingthejurisdictionwherethelesseeislocated,thevaluationcurrency,thetimewhenthecontractissigned,etc.TheincrementalborrowingrateisbasedontheGroup'slatestasset-basedlendinginterestrateforsimilarassetsandadjustedtotakeintoaccounttheabovefactors.
(2)Follow-upmeasurementAfterthecommencementdateoftheleaseterm,theGroupcarriesoutfollow-upmeasurementofleaseliabilitiesaccordingtothefollowingprinciples:a)Whenrecognizingtheinterestofleaseliabilities,theGroupwillincreasethecarryingamountofleaseliabilities;b)Whenpayingtheleasepayments,theGroupwillreducethebookamountoftheleaseliability;c)Whentheleasepaymentschangesduetorevaluationorleasechange,theGroupwillremeasurethebookvalueofleaseliability.TheGroupcalculatestheinterestexpensesoftheleaseobligationsduringeachperiodofthelease
termatafixedperiodicinterestrate,andincludesthem(exceptthosethatshallbecapitalized)inprofitorlossforthecurrentperiod.PeriodicratereferstotherateofdiscountadoptedbytheGroupwheninitiallymeasuringleaseliabilities,ortherevisedrateofdiscountadoptedbytheGroupwhenleaseliabilitiesneedtoberemeasuredaccordingtotherevisedrateofdiscountduetochangesinleasepaymentsorleasechanges.
(3)Re-measurementAfterthecommencementdateoftheleaseterm,theGroupre-measurestheleaseliabilitybasedonthepresentvalueofthechangedleasepaymentandadjuststhebookvalueoftheright-of-useassetsaccordinglywhenthefollowingcircumstancesoccur.Ifthecarryingvalueoftheright-of-useassetshasbeenreducedtozero,buttheleaseobligationsstillneedtobefurtherreduced,theGroupwillincludetheremainingamountinprofitorlossforthecurrentperiod.a)Theactualfixedpaymentamountchanges(inthiscase,theoriginalrateofdiscountisusedfordiscount);b)Theestimatedamountpayableoftheresidualvaluechanges(inthiscase,theoriginalrateofdiscountisusedfordiscount);c)Theindexorratiousedtodeterminetheleasepaymentchanges(inthiscase,therevisedrateofdiscountisusedfordiscount);d)Theevaluationresultofthepurchaseoptionchanges(inthiscase,therevisedrateofdiscountisadoptedfordiscount);e)Theevaluationresultoractualexerciseoftheleaserenewaloptionortheleaseterminationoptionchanges(inthiscase,therevisedrateofdiscountisadoptedfordiscount).
32.ProvisionsTheGroupshouldrecognizetherelatedobligationasaprovisionforliabilitywhentheobligationmeetsthefollowingconditions:(1)Thatobligationisapresentobligationoftheenterprise;(2)Itisprobablethatanoutflowofeconomicbenefitsfromtheenterprisewillberequiredtosettletheobligation;(3)Areliableestimatecanbemadeoftheamountoftheobligation.Onthebalancesheetdate,anenterpriseshalltakeintofullconsiderationoftherisks,uncertainty,timevalueofmoney,andotherfactorspertinenttotheContingenciestomeasuretheprovisionsinaccordancewiththebestestimateofthenecessaryexpensesfortheperformanceofthecurrentobligation.Whenallorsomeoftheexpensesnecessaryfortheliquidationofanprovisionsofanenterpriseisexpectedtobecompensatedbyathirdparty,thecompensationshouldbeseparatelyrecognizedasanassetonlywhenitisvirtuallycertainthatthereimbursementwillbeobtained.Besides,theamountrecognizedforthereimbursementshouldnotexceedthecarryingvalueoftheestimatedliabilities.
33.PrinciplesofRevenueRecognitionandMeasurementMethodTherevenueoftheGroupmainlyconsistsoftheincomefrommainbusinessandtheincomefromotherbusinesses.
(1)RevenuerecognitionprincipleTheGrouphasfulfilledtheperformanceobligationsinthecontract,thatis,whenthecustomerobtainscontroloftherelevantgoodsorservices,revenueisrecognized.Obtainingcontroloverrelatedgoodsorservicesmeansbeingabletoleadtheuseofthegoodsortheprovisionofsuchservicesandobtainalmostalloftheeconomicbenefitsfromit.Onthestartingdateofthecontract,theGroupevaluatesthecontract,identifieseachindividualperformanceobligationcontainedinthecontract,anddetermineswhethereachindividualperformanceobligationisperformedwithinacertainperiodoftimeoratacertainpointintime.Whenoneofthefollowingconditionsismet,itisaperformanceobligationwithinacertainperiodoftime,otherwise,itisaperformanceobligationatacertainpointintime:
①ThecustomerobtainsandconsumestheeconomicbenefitsbroughtbytheGroup'sperformanceatthesametimetheGroupperformsthecontract.
②ThecustomercancontroltheproductsunderconstructionduringtheperformanceoftheGroup.
③ThegoodsproducedduringtheperformanceoftheGrouphaveirreplaceableuses,andtheGrouphastherighttocollectpaymentsforthecumulativeperformanceofthecontractduringtheentirecontractperiod.Forperformanceobligationsperformedwithinacertainperiodoftime,theGrouprecognizesrevenueaccordingtotheperformanceprogressduringthatperiod.Whentheperformanceprogresscannotbereasonablydetermined,ifthecostincurredbytheGroupisexpectedtobecompensated,therevenueshallberecognizedaccordingtotheamountofthecostincurreduntiltheperformanceprogresscanbereasonablydetermined.Forperformanceobligationsperformedatacertainpointintime,theGrouprecognizesrevenueatthepointwhenthecustomerobtainscontroloftherelevantgoodsorservices.Whenjudgingwhetheracustomerhasobtainedcontrolofgoodsorservices,theGroupconsidersthefollowingsigns:
①TheGroupenjoysthecurrentrighttoreceivepaymentforthegoodsorservices.
②TheGrouphastransferredthelegalownershipoftheproducttothecustomer.
③TheGrouphastransferredthegoodsinkindtothecustomer.
④TheGrouphastransferredthemainrisksandrewardsoftheownershipoftheproducttothecustomer.
⑤Thecustomerhasacceptedthegoodsorservices.TheGrouphastransferredgoodsorservicestocustomersandtherighttoreceiveconsiderationislistedascontractassets,andcontractassetsaredevaluedonthebasisofexpectedcreditlosses.TheGroup'sunconditionalrighttocollectconsiderationfromcustomersislistedasreceivables.TheGroup’sobligationtotransfergoodsorservicestocustomersduetotheconsiderationreceivedfromcustomersislistedascontractliabilities.
(2)Principlesofincomemeasurement
①Ifthecontractcontainstwoormoreperformanceobligations,atthebeginningofthecontract,theGroupwillallocatethetransactionpricetoeachindividualperformanceobligationbasedontherelativeproportionofthestand-alonesellingpriceofthegoodsorservicespromisedbyeachindividualperformanceobligation.Revenueismeasuredatthetransactionpriceofeachindividualperformanceobligation.
②ThetransactionpriceistheamountofconsiderationthattheGroupexpectstobeentitledtoreceiveduetothetransferofgoodsorservicestocustomers,excludingpaymentscollectedonbehalfofthirdpartiesandpaymentsexpectedtobereturnedtocustomers.ThetransactionpriceconfirmedbytheGroupdoesnotexceedtheamountatwhichtheaccumulatedconfirmedincomewillmostlikelynotundergoasignificantreversalwhentherelevantuncertaintyiseliminated.Itisexpectedthatthemoneyreturnedtothecustomerwillnotbeincludedinthetransactionpriceasaliability.
③Ifthereisvariableconsiderationinthecontract,suchascashdiscountsandpriceguaranteesinpartofthecontractbetweentheGroupanditscustomers,theGroupdeterminesthebestestimateofthevariableconsiderationaccordingtotheexpectedvalueorthemostlikelyamount,butincludesthevariableThetransactionpriceoftheconsiderationshallnotexceedtheamountatwhichtheaccumulatedconfirmedincomeisunlikelytobereversedsignificantlywhentherelevantuncertaintyiseliminated.
④Fortheconsiderationpayabletocustomers,theGroupoffsetsthetransactionpricefromtheconsiderationpayabletocustomers,andoffsetsthecurrentincomeatthetimewhentherelevantincomeisrecognizedandthepayment(orpromisedtopay)thecustomerconsiderationislater,unlesstheconsiderationpayableisforObtainotherclearlydistinguishableproductsfromcustomers.
⑤Forsaleswithasalesreturnclause,whenthecustomerobtainscontroloftherelevantproduct,theGrouprecognizesrevenuebasedontheamountofconsiderationexpectedtobereceivedduetothetransferoftheproducttothecustomer,andtheexpectedreturnduetothesalesreturnisrecognizedasanestimatedliability;Atthesametime,accordingtotheexpectedbookvalueofthereturnedgoodsatthetimeoftransfer,thebalanceafterdeductingtheestimatedcostofrecoveringthegoods(includingthevalueimpairmentofthereturnedgoods)isrecognizedasanasset,thatis,thereturncostreceivable,accordingtothetransferredgoodsThebookvalueatthetimeofthetransfer,deductingthenetcarry-overcostoftheaforementionedassetcost.Oneachbalancesheetdate,theGroupre-estimatesthefuturesalesreturnsandre-measurestheaforementionedassetsandliabilities.
⑥Ifthereisasignificantfinancingcomponentinthecontract,theGroupshalldeterminethetransactionpricebasedontheamountpayableincashwhenthecustomerassumescontrolofthegoodsorservices.Usingthediscountratethatdiscountsthenominalamountofthecontractconsiderationintothecurrentcommodityprice,thedifferencebetweenthedeterminedtransactionpriceandtheamountoftheconsiderationpromisedinthecontractisamortizedbytheactual
interestmethodduringthecontractperiod.Onthestartingdateofthecontract,theGroupexpectsthatthetimebetweenthecustomer'sacquisitionofcontrolofthegoodsorservicesandthecustomer'spaymentofthepricewillnotexceedoneyear,regardlessofthesignificantfinancingcomponentsinthecontract.
⑦Accordingtocontractualagreements,legalprovisions,etc.,theGroupprovidesqualityassurancefortheproductssoldandtheassetsbuilt.Forguarantee-typequalityassurancetoassurecustomersthatthegoodssoldmeettheestablishedstandards,theGroupconductsaccountingtreatmentinaccordancewith"contingentevents-estimatedliabilities".Fortheservicequalityassurancethatprovidesaseparateserviceinordertoassurecustomersthatthegoodssoldmeettheestablishedstandards,theGroupregardsitasasingleperformanceobligation,basedonthestand-alonesellingpriceofthequalityassuranceofgoodsandservices.Inarelativeproportion,partofthetransactionpriceisallocatedtoservicequalityassurance,andrevenueisrecognizedwhenthecustomerobtainscontroloftheservice.Whenassessingwhetherthequalityassuranceprovidesaseparateserviceinadditiontoensuringthattheproductssoldmeettheestablishedstandards,theGroupconsiderswhetherthequalityassuranceisalegalrequirement,thequalityassuranceperiod,andthenatureoftheGroup'scommitmenttoperformthetasks.
⑧WhentheconstructioncontractbetweentheGroupandthecustomerischanged:①Ifthecontractchangeaddsclearlydistinguishableconstructionservicesandcontractprices,andthenewcontractpricereflectsthestand-alonesellingpriceofthenewconstructionservices,theGroupwillThecontractchangeshallbetreatedasaseparatecontractforaccountingtreatment;
②Ifthecontractchangedoesnotfallintotheabove-mentionedcircumstance①,andthereisacleardistinctionbetweentheconstructionservicesthathavebeentransferredandtheconstructionservicesthathavenotbeentransferredonthedateofthecontractchange,theGroupTreatitastheterminationoftheoriginalcontract,andatthesametime,mergetheunfulfilledpartoftheoriginalcontractandthechangedpartofthecontractintoanewcontractforaccountingtreatment;
③Ifthecontractchangedoesnotfallintotheabovesituation①,andtheconstructionservicehasbeentransferredonthedateofcontractchangeThereisnocleardistinctionbetweentheconstructionserviceandtheuntransferredconstructionservice.TheGroupaccountsforthechangedpartofthecontractasacomponentoftheoriginalcontract.Theresultingimpactontherecognizedrevenuewillbeadjustedonthedateofcontractchange.
(3)Specificmethodsofrevenuerecognition
①RevenuerecognizedontimeTheGroup'ssalesofhouseholdappliances,electroniccomponents,etc.,belongtotheperformanceobligationperformedatacertainpointintime.Recognitionconditionsforincomefromdomesticsalesofgoodsandoverseasdirectsalesofgoods:TheGrouphasdeliveredtheproducttothecustomerinaccordancewiththecontractandthecustomerhasreceivedtheproduct,thepaymenthasbeenrecoveredorthereceiptofpayment
hasbeenobtained,andtherelevanteconomicbenefitsarelikelytoflowin.Themainrisksandrewardshavebeentransferred,andthelegalownershipofthegoodshasbeentransferred.Conditionsforconfirmingtheincomeofexportedgoods:TheGrouphasdeclaredtheproductsforexportaccordingtothecontract,obtainedthebilloflading,anddeliveredthegoodstothecarrierentrustedbythepurchaser.Thepaymenthasbeenrecoveredorthereceiptofpaymenthasbeenobtainedandrelevanteconomicbenefitsarelikelytoflowin.Themainrisksandrewardsofcommodityownershiphavebeentransferred,andthelegalownershipofcommoditieshasbeentransferred.
②IncomeconfirmedaccordingtotheperformanceprogressTheGroup'sbusinesscontractswithcustomersforprojectconstruction,onlineadvertising,operatingleases,etc.areperformanceobligationsperformedwithinacertainperiodoftime,andrevenueisrecognizedaccordingtotheprogressoftheperformance.
34.GovernmentGrantsThegovernmentgrantsoftheGrouparedividedintoasset-basedgrantsrelatedtoandincome-basedgrants.Asset-basedgrantsrefertothegovernmentgrantsforlong-termassetsobtainedbythepurchase,construction,andotherways.Income-basedgrantsrefertoothergrants.Ifthebeneficiariesarenotspecifiedingovernmentdocuments,theGroupwillmakethedistinctionaccordingtotheaforesaidprinciple.Beneficiarieswhicharedifficulttocategorizeshallbeclassifiedasanincome-basedgovernmentgrantasawhole.Currentelementsofgovernmentgrantsshallbemeasuredbasedontheamountactuallyreceived.Thoseshallbemeasuredaccordingtotheamountreceivablearegrantspaidaccordingtoafixedquotastandard,orfundsthatmeettherelevantconditionsstipulatedbythefinancialsupportpolicywithconclusiveevidenceattheendoftheyearandwhichareexpectedasthefinancialsupport.Non-monetaryelementsofthegovernmentgrantsshallbemeasuredatfairvalue.Thosewhosefairvaluecannotbeobtainedreliablyshallbemeasuredatitsnominalamount(RMB1).Asset-basedgrantsshallbeusedtooffsetthecarryingvalueofrelatedassetsorpresentedasdeferredincome,andshall,overthelifeoftherelatedasset,beincludedinthecurrentprofitsandlossesbytheequalamortizationmethod.Iftherelatedassetissold,transferred,scrapped,ordamagedbeforetheendofitsusefullife,itsdeferredincomethathasnotbeendistributedshallbetransferredtothecurrentprofitandlossofassetdisposal.Income-basedgrantsthatareusedtocompensaterelatedcostsorlossesinsubsequentperiodsshallbedeemedasdeferredincomeandshallbeincludedinthecurrentprofitsandlossesduringtheperiodwhentherelatedcostsorlossesarerecognized.Governmentgrantsrelatedtoroutineactivitiesshallbeincludedinotherincomeinaccordancewiththenatureofthetransaction.Governmentgrantsnotrelatedtoroutineactivitiesshallbeincludedinnon-operatingincomeandexpenditure.
TheGroupobtainsinterestgrantsonpolicy-relatedconcessionalloansintwodifferentways:theinterestsubsidyfundsareallocatedbythegovernmenteithertothelendingbankordirectlytotheGroup.Therespectiveaccountingtreatmentiscarriedoutasfollows:
(1)Wherethegovernmentallocatesthefundstothelendingbank,andthebankprovidesaloantotheGroupatapolicy-relatedpreferentialinterestrate,theactualamountoftheloanreceivedistakenastheentryvalue,andtheborrowingcostsarecalculatedbasedontheloanprincipalandthepolicy-relatedpreferentialinterestrate.
(2)WherethegovernmentallocatesthefundsdirectlytotheGroup,thegrantsareoffsetagainstborrowingcosts.WherethegovernmentgrantsthattheGrouphasrecognizedinaccountingneedtobereturned,theaccountingtreatmentinthecurrentperiodiscarriedoutasfollows:
1)Ifthebookvalueofanassetisoffsetoninitialrecognition,thebookvaluewillbeadjusted;
2)Ifthereisdeferredincome,thebookbalanceofthedeferredincomewillbeoffset,andtheexcesswillbeincludedinprofitorlossinthecurrentperiod;
3)Underanyothercircumstances,thegrantswillbeincludedinprofitorlossinthecurrentperiod.
35.DeferredIncomeTaxAssets/DeferredIncomeTaxLiabilitiesTheGroup'sdeferredtaxassetsanddeferredtaxliabilitiesarecalculatedandrecognizedbasedonthedifference(temporarydifference)betweenthetaxbaseandbookvalueoftheassetsandliabilities.Inthecaseofdeductiblelossesthatcanbedeductedfromtaxableincomeinsubsequentyearsinaccordancewiththeprovisionsofthetaxlaws,thecorrespondingdeferredincometaxassetsarerecognized.Inthecaseoftemporarydifferencesarisingfromtheinitialrecognitionofgoodwill,thecorrespondingdeferredincometaxliabilitiesarenotrecognized.Withrespecttotemporarydifferencesarisingfromtheinitialrecognitionofanassetorliabilityinatransactionwhichisn’tabusinesscombinationandwhichaffectsneitheraccountingprofitnortaxableincome(ordeductiblelosses),thecorrespondingdeferredincometaxassetsanddeferredincometaxliabilitiesarenotrecognized.Onthebalancesheetdate,thedeferredincometaxassetsanddeferredincometaxliabilitiesaremeasuredatthetaxrateapplicabletotheperiodduringwhichtheassetsareexpectedtoberecoveredortheliabilitiesareexpectedtobesettled.TheGrouprecognizesdeferredincometaxassetstotheextentofthetaxableincomewhichitismostlikelytoobtainandwhichcanbedeductedfromdeductibletemporarydifferences,deductiblelossesandtaxcredits.
36.Leasing
(1)IdentificationofleasesTheterm"lease"referstoacontractwherebythelessortransferstherightofuseregardingtheleasedasset(s)tothelesseewithinaspecifiedtimeinexchangeforconsideration.Onthecommencementdateofthecontract,theGroupassesseswhetherthecontractisaleaseorcontains
alease.Ifapartytothecontracttransferstherightallowingthecontrolovertheuseofoneormoreassetsthathavebeenidentifiedwithinacertainperiod,inexchangeforaconsideration,suchcontractisaleaseorincludesalease.Inordertodeterminewhetherapartytothecontracttransferstherightallowingthecontrolovertheuseoftheidentifiedassetsforacertainperiodoftime,theGroupassesseswhetherthecustomersinthecontractareentitledtoobtainalmostalltheeconomicbenefitsarisingfromtheuseoftheidentifiedassetsduringtheuseperiod,andhavetherighttodominatetheuseoftheidentifiedassetsduringtheuseperiod.Ifacontractcontainsmultiplesingleleasesatthesametime,theGroupwillsplitthecontract,andconductaccountingtreatmentofeachsingleleaserespectively.Ifacontractcontainsbothleaseandnon-leasepartsatthesametime,theGroupwillsplittheleaseandnon-leasepartsforaccountingtreatment.
(2)TheGroupaslessee
1)LeaserecognitionOnthecommencementdateoftheleaseterm,theGrouprecognizestheright-of-useassetsandleaseobligationsinrespectofthelease.Fortherecognitionandmeasurementofright-of-useassetsandleaseliabilities,pleaserefertoNoteIV"25.Right-of-useassets"and"31.Leaseliabilities".
2)LeasechangeAleasechangereferstoachangeinthescope,consideration,andtermofleaseoutsidetheoriginalcontractclauses,includingtheadditionorterminationoftheoneorseveralrightstouseleaseassets,andtheextensionorreductionoftheleasetermspecifiedinthecontract.Theeffectivedateofleasechangereferstothedatewhenbothpartiesreachanagreementonleasechange.Iftheleasechangesandthefollowingconditionsaremetatthesametime,theGroupwillaccountfortheleasechangeasaseparatelease:a)Theleasechangeexpandstheleasescopeorextendstheleasetermbyincreasingtherighttouseoneormoreleasedassets;b)Theincreasedconsiderationisequivalenttotheseparatepriceoftheexpandedleasescopeortheextendedleasetermadjustedaccordingtothecontractconditions.Iftheleasechangeisnotaccountedforasaseparatelease,ontheeffectivedateoftheleasechange,theGroupwillallocatetheconsiderationofthechangedcontractinaccordancewiththerelevantprovisionsoftheleasestandardsandre-determinethechangedleaseterm.Therevisedrateofdiscountisusedtodiscountthechangedleasepaymentstoremeasuretheleaseliability.Whencalculatingthepresentvalueofthechangedleasepayments,theGroupusestheinterestrateimplicitinleaseastherateofdiscount.Iftheinterestrateimplicitinleasecannotbedetermined,theGroupadoptstheincrementalborrowingrateofthelesseeontheeffectivedateoftheleasechangeastherateofdiscount.Withregardtotheimpactoftheabove-mentionedleaseliabilityadjustment,theGroupconductsaccountingtreatmentaccordingtothefollowingsituations:a)Thelesseewillcorrespondinglyreducethebookvalueoftheright-of-useassetsandincludetheprofitorlossoftheleaseterminatedinpartorwholeinthecurrentprofitorloss,iftheleasechangenarrowsthescopeofleaseorshortenstheleaseterm.b)Thelesseewillcorrespondinglyadjustthebookvalueoftheright-of-useassets,ifotherleasechangesresultinthere-measurementoftheleaseobligation.
3)Short-termandlow-valueassetleasesForshort-termleaseswithaleasetermnotexceeding12monthsandlow-valueassetleaseswithlowervaluewhensingleleasedassetsarebrandnewassets,theGroupchoosesnottorecognize
right-of-useassetsandleaseliabilities.TheGroupincludesthepaymentsofshort-termandlow-valueassetleasesincurredduringeachperiodoftheleasetermintheprofitorlossforthecurrentperiodorthecostofrelevantassetsbythestraight-linemethod.
(3)TheGroupaslessorOnthebasisthat(1)thecontractassessedisaleaseorincludesalease,theGroup,asthelessor,classifiesleasesintofinanceleasesandoperatingleasesontheleasecommencementdate.Ifaleasesubstantiallytransfersvirtuallyallrisksandrewardsassociatedwithownershipoftheleasedasset,thelessorclassifiestheleaseasafinanceleaseandleasesotherthanfinanceleasesasoperatingleases.TheGroupusuallyclassifiesaleasethatfallsunderanyoneormoreofthefollowingcircumstancesasafinancelease:a)Whentheleasetermexpires,theownershipoftheleasedassetistransferredtothelessee;b)Thelesseehastheoptiontopurchasetheleasedasset(s).Astheagreedpurchasepriceislowenoughcomparedwiththefairvalueoftheleasedasset(s)atthetimetheoptionisexpectedtobeexercised,itcanbereasonablydeterminedattheinceptionoftheleasethatthelesseewillexercisetheoption;c)Althoughtheownershipoftheassetsisnottransferred,theleasetermaccountsformostoftheservicelifeoftheleasedassets;d)Ontheleasecommencementdate,thepresentvalueofleasereceiptsisalmostequivalenttothefairvalueofleasedassets;e)Theleasedassetsarespecialinnature,andonlythelesseecanusethemwithoutmajorrenovation.TheGroupmayalsoclassifyaleasethatfallsunderanyoneormoreofthefollowingcircumstancesasafinancelease:a)Ifthelesseecancelsthelease,lossestothelessorcausedbythecancellationwillbebornebythelessee;b)Thegainsorlossesarisingfromthefluctuationofthefairvalueoftheresidualvalueofassetsbelongtothelessee;c)Thelesseehastheabilitytocontinueleasinguntilthenexttermatarentfarbelowthemarketlevel.
1)AccountingtreatmentoffinanceleasesInitialmeasurementOnthecommencementdateoftheleaseterm,theGrouprecognizesthefinanceleasereceivablesforthefinanceleaseandderecognizestheleasedassetofthefinancelease.Itrecognizesthenetinvestmentintheleaseastheentryvalueofthefinancelease,wheninitiallymeasuringthefinanceleasereceivable.Thenetinvestmentintheleaseisthesumofthenetvalueoftheunguaranteedresidualvalueandtheleasereceivablenotreceivedonthecommencementdateoftheleasetermattheinterestrateimplicitinlease.Leasecollectionamountreferstotheamountthatthelessorshouldcollectfromthelesseefortransferringtherighttousetheleasedassetsduringtheleaseterm,including:a)Fixedpaymentamountandsubstantialfixedpaymentamountthatthelesseeneedstopay.Ifthereisleaseincentive,deducttheamountrelatedtoleaseincentive;b)Thevariableleasepaymentdependingontheindexorratio,whichisdeterminedaccordingtotheindexorratioonthecommencementdateoftheleasetermattheinitialmeasurement;c)Theexercisepriceofthepurchaseoption,providedthatitisreasonablydeterminedthatthelesseewillexercisetheoption;d)Theamounttobepaidbythelesseetoexercisetheoptiontoterminatethelease,providedthattheleasetermreflectsthatthelesseewillexercisetheoptiontoterminatethelease;e)Theresidualvalueofguaranteeprovidedtothelessorbythelessee,thepartyrelatedtothelesseeandanindependentthirdpartythathasthefinancialabilitytofulfilltheguaranteeobligation.Follow-upmeasurementTheGroupcalculatesandconfirmstheinterestincomeatafixedperiodicrateineachperiodintheleaseterm.Periodicratereferstotherateofdiscountimplicitinleaseadoptedtodetermine
thenetinvestmentinthelease(inthecaseofsublease,iftheinterestrateimplicitinleaseofsubleasecannotbedetermined,therateofdiscountimplicitinoriginalleaseisadopted(adjustedaccordingtotheinitialdirectexpensesrelatedtosublease)),ortherevisedrateofdiscountdeterminedinaccordancewiththerelevantprovisionswherethechangeofthefinanceleaseisnotaccountedforasaseparateleaseandmeetstheconditionthattheleasewillbeclassifiedasafinanceleaseifthechangebecameeffectiveontheleasecommencementdate.AccountingtreatmentofleasechangeIftheleasechangesandthefollowingconditionsaremetatthesametime,theGroupwillaccountfortheleasechangeasaseparatelease:a)Theleasechangeexpandstheleasescopebyincreasingtherighttouseoneormoreleasedassets;b)Theincreasedconsiderationisequivalenttotheseparatepriceoftheexpandedleasescopeadjustedaccordingtothecontractconditions.Ifthechangeoffinanceleaseisnotaccountedforasaseparatelease,andtheconditionthattheleasewillbeclassifiedasanoperatingleaseifthechangetakeseffectontheleasecommencementdateismet,theGroupwillaccountforitasanewleasefromtheeffectivedateoftheleasechange,andtakethenetleaseinvestmentbeforetheeffectivedateoftheleasechangeasthebookvalueoftheleasedasset.
2)AccountingtreatmentofoperatingleasesTreatmentofrentTheGrouprecognizesleasereceiptsfromoperatingleasesasrentalincomeonastraight-linebasisduringeachperiodoftheleaseterm.IncentivesprovidedIftheGroupprovidesarent-freeperiod,itallocatesthetotalrentalsovertheentireleasetermwithoutdeductingtherent-freeperiodbythestraight-linemethod,andalsorecognizesrentalincomeduringtherent-freeperiod.Ifcertainexpensesofthelesseeareborne,theGroupallocatesthebalanceofrentalincomeovertheleasetermaftersuchexpensesaredeductedfromthegrossrentalincome.InitialdirectcostInitialdirectexpensesincurredbytheGroupinconnectionwithoperatingleasesshallbecapitalizedtothecostoftheleasedunderlyingassetandrecordedintheprofitsandlossesofthecurrentperiodinstagesovertheleasetermonthesamebasisofrecognitionasrentalincome.DepreciationForthefixedassetsintheassetsunderoperatinglease,theGroupadoptsthedepreciationpolicyofsimilarassetstocalculateanddistilldepreciation.Forotherassetsunderoperatinglease,theGroupamortizestheminasystematicandreasonablemanner.VariableleasepaymentsVariableleasepaymentsmadebytheGroupinrelationtooperatingleasesthatarenotincludedintheleasereceivableareincludedinthecurrentprofitorlosswhentheyareactuallyincurred.Changeofoperatingleases
Ifanoperatingleasechanges,theGroupwillregarditasanewleaseforaccountingtreatmentfromtheeffectivedateofthechange.Theadvancereceiptortheleasereceivablerelatedtotheleasepriortothechangeisrecognizedasthepaymentreceivableofthenewlease.
37.ChangesinMainAccountingPoliciesandEstimates
(1)ChangesofaccountingpoliciesTheMinistryofFinancereleasedtheInterpretationNo.16oftheAccountingStandardsforBusinessEnterpriseson30November2022,whichtookeffectonthesameday.Thedocumentstipulatesthat"accountingprocessingunderinitialrecognitionandexemptionisnotapplicabletodeferredincometaxesrelatedtoassetsandliabilitiesincurredfromasingletransaction".TheCompanyhasimplementeditsince1January2023.Fortaxabletemporarydifferencesanddeductibletemporarydifferencesarisingfromtheleaseliabilitiesandright-of-useassetsrecognisedbasedonsingletransactionsthatcomplywiththeaboveprovision,attheperiod-beginoftheearliestperiodpresentedinthefinancialstatementthatfollowedsuchprovisionforthefirsttime,theCompanywilladjustretainedincomebroughtforwardintheearliestperiodpresentedinthefinancialstatementandotherrelevantitemsofthefinancialstatementbasedonthefigurescumulativelyaffectedinaccordancewithsuchprovisionandtheAccountingStandardsforBusinessEnterprisesNo.18IncomeTaxes.
(2)ChangesinAccountingEstimatesNosuchcasesintheReportingPeriod.V.Taxation
1.MainTaxesandTaxRate
Categoryoftaxes
| Categoryoftaxes | Basis | Specificsituationofthetaxesrate |
| VAT | CalculatedtheoutputtaxatthetaxrateandpaidtheVATbytheamountafterdeductingthedeductiblewithholdingVATatcurrentperiod,ofwhichtheVATapplicabletoeasycollectionwon’tbelongtothedeductiblewithholdingVAT. | 1%,3%,5%,6%,9%,13% |
| Urbanmaintenanceandconstructiontax | Thecirculatingtaxactuallypaid | Paidat5%:DongguanKonka,XingDaHongYe,XinfengMicrocrystalline,BoluoKonkaPrecision,BoluoKonka,NingboKanghanrui,JiangsuKonkaSmart,YibinKangrun,YibinKangrunMedical,YibinKangrunEnvironmentalProtection.Paidat |
Categoryoftaxes
| Categoryoftaxes | Basis | Specificsituationofthetaxesrate |
| 1%:JiangxiKonka,JiangxiHighTransparentSubstrate,Jiangkang(Shanghai)Technology.Paidat7%:othersubsidiaries. | ||
| Educationsurtax | Thecirculatingtaxactuallypaid | 3% |
| Localeducationsurtax | Thecirculatingtaxactuallypaid | 2% |
| Enterpriseincometax | Taxableincome | 25%/See2.TaxPreferenceandApprovedDocumentsfordetails |
Themaintaxpayersofdifferentcorporateincometaxratesareexplainedasfollows:
| Nameofentity | Incometaxrate |
| ElectronicsTechnology,AnhuiKonka,AnhuiTongchuang,XingDaHongYe,Wankaida,JiangxiKonka,XinfengMicrocrystalline,JiangxiHighTransparentSubstrate,BoluoPrecision,ChongqingKangxingrui,KowinMemory(Shenzhen),XiaojiaTechnology | 15% |
| HongKongKonka,HongdinTrading,JialiInternational,Hongjet,JiaxinTechnology,HongdinInvest,KonkaMobility,KowinMemory(HongKong) | 16.5% |
| ChainKingdomMemoryTechnologies | 8.25%/16.5% |
| KonkaEurope | 15% |
| KanghaoTechnology | 22.5% |
| KonkaNorthAmerica | 21% |
| TheCompanyastheParentandothersubsidiaries | 25%/5% |
Note:AccordingtoregulationsofTemporaryProvisionsofIncomeTaxofTrans-boundaryTaxPaymentEnterprisesbyStateAdministrationofTaxation,residententerpriseswithoutbusinessestablishmentorplacesoflegalpersonsshouldbetaxpaymententerpriseswiththeadministrativemeasuresofincometaxof“unifiedcomputing,level-to-leveladministration,localprepayment,liquidationsummary,andfinancetransfer”.Itcameintoforcefrom1January2008.Accordingtotheabovemethods,theCompany’ssalesbranchcompaniesineachareawillhandinthecorporateincometaxesinadvancefrom1January2008andwillbefinalsettleduniformlybytheCompanyattheyear-end.
2.TaxPreferenceandApprovedDocuments
(1)AccordingtotheNo13announcementin2022andNo.6announcementin2023issuedbyStateTaxationAdministration:Noticeontheimplementationoftheinclusivetaxreductionand
exemptionpolicyforsmallandmicroenterprises,theannualtaxableincomeofsmallandprofitableenterprisesisnotTheportionexceedingRMB1millionwillbereducedto25%ofthetaxableincome,andthecorporateincometaxwillbepaidattherateof20%;theportionoftheannualtaxableincomeexceedingRMB1millionbutnotexceedingRMB3millionwillbereducedby25%Includethetaxableincomeandpaycorporateincometaxatarateof20%.
(2)On18October2022,AnhuiKonka,asubsidiaryoftheCompany,obtainedtheCertificateofHigh-TechEnterprisejointlyissuedbytheDepartmentofScienceandTechnologyofAnhuiProvince,theDepartmentofFinanceofAnhuiProvinceandtheTaxationBureauofAnhuiProvinceoftheStateAdministrationofTaxation,withthecertificatenumberGR202234002272,whichisvalidforthreeyears.Inaccordancewiththerelevanttaxregulations,AnhuiKonkaisentitledtotherelevanttaxincentivesforthreeconsecutiveyearsfrom2022to2024toenjoytherelevanttaxpreferentialpoliciesonhigh-techenterprisesandpayenterpriseincometaxatapreferentialtaxrateof15%.
(3)On4November2022,XinfengMicrocrystalline,asubsidiaryoftheCompany,obtainedtheCertificateofHigh-TechEnterprisejointlyissuedbytheDepartmentofScienceandTechnologyofJiangxiProvince,theDepartmentofFinanceofJiangxiProvinceandtheTaxationBureauofJiangxiProvinceoftheStateAdministrationofTaxation,withthecertificatenumberGR202236000999,whichisvalidforthreeyears.Accordingtotherelevanttaxregulations,XinfengMicrocrystallineisentitledtotherelevanttaxincentivesforthreeconsecutiveyearsfrom2022to2024toenjoytherelevanttaxpreferentialpoliciesonhigh-techenterprisesandpayenterpriseincometaxatapreferentialtaxrateof15%.
(4)On18October2022,AnhuiTongchuang,asubsidiaryoftheCompany,obtainedtheCertificateofHigh-TechEnterprisejointlyissuedbytheDepartmentofScienceandTechnologyofAnhuiProvince,theDepartmentofFinanceofAnhuiProvinceandtheTaxationBureauofAnhuiProvinceoftheStateAdministrationofTaxation,withthecertificatenumberGR202234000798,whichisvalidforthreeyears.Inaccordancewiththerelevanttaxregulations,AnhuiTongchuangisentitledtotherelevanttaxincentivesforthreeconsecutiveyearsfrom2022to2024toenjoytherelevanttaxpreferentialpoliciesonhigh-techenterprisesandpayenterpriseincometaxatapreferentialtaxrateof15%.
(5)On22December2022,BoluoPrecision,asubsidiaryoftheCompany,obtainedthe"High-techEnterpriseCertificate"jointlyissuedbyDepartmentofScienceandTechnologyofGuangdongProvince,DepartmentofFinanceofGuangdongProvinceandGuangdongProvincialTaxServiceofStateTaxationAdministration(No.GR202244017658),whichwillbevalidforthreeyears.Accordingtorelevanttaxregulations,BoluoPrecisionenjoysrelevantpreferentialtaxpoliciesforhigh-techenterprisesforthreeconsecutiveyearsfrom2022to2024,andpaysenterpriseincometaxatareducedrateof15%.
(6)On19December2022,ElectronicTechnology,asubsidiaryoftheCompany,receivedtheCertificateofHigh-TechEnterprisejointlyissuedbyShenzhenScienceandTechnologyInnovationCommittee,ShenzhenFinanceBureauandShenzhenTaxationBureauoftheStateAdministrationofTaxation,withthecertificatenumberGR202244205867,whichisvalidforthreeyears.Inaccordancewiththerelevanttaxregulations,ElectronicTechnologyisentitledto
therelevanttaxincentivesforthreeconsecutiveyearsfrom2022to2024toenjoytherelevanttaxpreferentialpoliciesonhigh-techenterprisesandpayenterpriseincometaxatapreferentialtaxrateof15%.
(7)On14September2020,JiangxiKonka,thesubsidiaryoftheCompany,obtainedahigh-techenterprisecertificatejointlyissuedbyJiangxiScienceandTechnologyDepartment,JiangxiProvincialDepartmentofFinanceandJiangxiProvincialTaxBureauoftheStateAdministrationofTaxation.ThecertificatenumberisGR202036000802andisvalidforthreeyears.Accordingtorelevanttaxregulations,JiangxiKonkashallenjoyrelevantpreferentialtaxpoliciesforhigh-techenterprisesforthreeconsecutiveyearsfromSeptember2020toSeptember2023andpaytheenterpriseincometaxatapreferentialtaxrateof15%.
(8)On14September2020,JiangxiHighTransparentSubstrate,thesubsidiaryoftheCompany,obtainedahigh-techenterprisecertificatejointlyissuedbyJiangxiScienceandTechnologyDepartment,JiangxiProvincialDepartmentofFinanceandJiangxiProvincialTaxBureauoftheStateAdministrationofTaxation.ThecertificatenumberisGR202036000568andisvalidforthreeyears.Accordingtorelevanttaxregulations,JiangxiHighTransparentSubstrateshallenjoyrelevantpreferentialtaxpoliciesforhigh-techenterprisesforthreeconsecutiveyearsfromSeptember2020toSeptember2023andpaytheenterpriseincometaxatapreferentialtaxrateof15%.
(9)On11December2020,Wankaida,thesubsidiaryofthisCompanyobtainedthehigh-techenterprisecertificate(certificateNo.:GR202044201940)jointlyissuedbyShenzhenTechnologyInnovationCommittee,FinanceCommitteeofShenzhenMunicipality,ShenzhenTaxationBureauofSATwithavalidperiodofthreeyears.Accordingtorelatedtaxationregulations,Wankaidaenjoysrelatedtaxationpreferentialpoliciesasahigh-techenterprisefromDecember2020toDecember2023andpaystheenterpriseincometaxasperthepreferentialtaxrateof15%.
(10)On20December2021,XingDaHongYe,asubsidiaryoftheCompany,obtainedthe"High-techEnterpriseCertificate"jointlyissuedbyDepartmentofScienceandTechnologyofGuangdongProvince,DepartmentofFinanceofGuangdongProvinceandGuangdongProvincialTaxServiceofStateTaxationAdministration(No.GR202144002737),whichwillbevalidforthreeyears.Accordingtorelevanttaxregulations,XingDaHongYeenjoysrelevantpreferentialtaxpoliciesforhigh-techenterprisesforthreeconsecutiveyearsfrom2021to2023,andpaysenterpriseincometaxatareducedrateof15%.
(11)On23December2021,KowinMemory(Shenzhen),asubsidiaryoftheCompany,receivedtheCertificateofHigh-TechEnterprisejointlyissuedbyShenzhenScienceandTechnologyInnovationCommittee,ShenzhenFinanceBureauandShenzhenTaxationBureauoftheStateAdministrationofTaxation,withthecertificatenumberGR202144206630,whichisvalidforthreeyears.Inaccordancewiththerelevanttaxregulations,KowinMemory(Shenzhen)isentitledtotherelevanttaxincentivesforthreeconsecutiveyearsfrom2021to2023toenjoytherelevanttaxpreferentialpoliciesonhigh-techenterprisesandpayenterpriseincometaxatapreferentialtaxrateof15%.
(12)On19December2022,XiaojiaTechnology,asubsidiaryoftheCompany,receivedtheCertificateofHigh-TechEnterprisejointlyissuedbyShenzhenScienceandTechnologyInnovationCommittee,ShenzhenFinanceBureauandShenzhenTaxationBureauoftheState
AdministrationofTaxation,withthecertificatenumberGR202244203274,whichisvalidforthreeyears.Inaccordancewiththerelevanttaxregulations,XiaojiaTechnologyisentitledtotherelevanttaxincentivesforthreeconsecutiveyearsfrom2022to2024toenjoytherelevanttaxpreferentialpoliciesonhigh-techenterprisesandpayenterpriseincometaxatapreferentialtaxrateof15%.
(13)InaccordancewiththeNoticeonTaxPolicyIssuesInvolvedintheFurtherImplementationoftheWesternDevelopmentStrategy(C.S.[2011]No.58)andtheAnnouncementonCorporateIncomeTaxIssuesInvolvedintheFurtherImplementationoftheWesternDevelopmentStrategy(Announcement[2012]No.12bytheStateTaxationAdministration),anenterpriseestablishedinthewesternregionwhoismainlyengagedinanindustryspecifiedintheCatalogueofEncouragedIndustriesintheWesternRegionandwhosemainbusinessincomeaccountsforover70%ofitsgrossincomeinthecurrentyear,isentitledtoareducedcorporateincometaxrateof15%.ChongqingKangxingrui,asubsidiaryoftheCompany,areeligibleforthispreferentialtaxpolicy.
(14)Accordingtothefiscalandtaxationdocument[2011]No.100publishedbytheMinistryofFinanceandtheStateAdministrationofTaxation,fortheVATgeneraltaxpayerswhoselltheirself-developedandproducedsoftwareproducts,theVATshallbeleviedattherateof13%,andthenthepartthattheactualtaxburdenontheirVATexceeds3willbeimplementedwiththepolicyofimmediatewithdrawal.TheCompany’ssubsidiaries,WankaidaTechnology,ShenzhenKangcheng,ElectronicsTechnologyandAnhuiTongchuangallenjoythispreferentialpolicy.
VI.NotestoMajorItemsintheConsolidatedFinancialStatementsoftheCompany
Unlessotherwisenoted,thefollowingannotationproject(includingthemainprojects,annotationofthefinancialstatementoftheCompany),theperiod-beginrefersto1January2023,theperiod-endrefersto30June2023,thisperiodreferstotheperiodfrom1January2023to30June2023andthepreviousperiodreferstotheperiodfrom1January2022to30June2022.Themonetaryunitisrenminbi.
1.Monetaryassets
Item
| Item | Closingbalance | Openingbalance |
| Cashonhand | 14.78 | |
| Bankdeposits | 6,222,912,818.42 | 5,473,400,175.52 |
| Othermonetaryassets | 685,425,987.74 | 514,695,300.41 |
| Total | 6,908,338,806.16 | 5,988,095,490.71 |
| Ofwhich:Totalamountdepositedoverseas | 116,037,645.61 | 137,008,617.40 |
Note:Theendingbalanceofothercurrencyassetsismainlymargindeposits,financialsupervisionaccountfundsandotherdepositssubjecttousagerestrictions.RefertoNoteVI-67Assetswithrestrictedownershiporuserightfordetails.
2.Held-for-tradingfinancialassets
Item
| Item | Closingbalance | Openingbalance |
| Financialassetsatfairvaluethroughprofitorloss | 743,307,489.50 | |
| Including:Investmentindebtinstruments | ||
| Equityinstrumentinvestment | 743,307,489.50 | |
| Structuraldeposits | ||
| Financialassetsdesignatedatfairvaluethroughprofitorloss | ||
| Including:Investmentindebtinstruments | ||
| Hybridinstrumentinvestment | ||
| Others | ||
| Total | 743,307,489.50 |
3.Notesreceivable（
）Classifiedpresentationofnotesreceivable
| Item | Closingbalance | Openingbalance |
| Commercialacceptancedraft | 40,602,620.96 | 350,178,404.79 |
| Banker'sacceptance | 553,363,673.92 | 709,558,838.75 |
| Total | 593,966,294.88 | 1,059,737,243.54 |
（
）NotesreceivablepledgedbytheCompanyattheendoftheReportingPeriod
| Item | AmountpledgedattheendoftheReportingPeriod |
| Banker'sacceptance | 217,674,323.25 |
| Commercialacceptancedraft | |
| Total | 217,674,323.25 |
（
）NotesReceivablewhichHadEndorsedbytheCompanyorhadDiscountedandhadnotDueontheBalanceSheetDateattheendoftheReportingPeriod
| Item | AmountderecognisedattheendoftheReportingPeriod | AmountnotderecognisedattheendoftheReportingPeriod |
| Banker'sacceptance | 1,000,963,671.86 | |
| Commercialacceptancedraft | 23,240,096.98 | |
| Total | 1,000,963,671.86 | 23,240,096.98 |
（4）Notestransferredtoaccountsreceivablebecausedrawerofthenotesfailedtoexecute
thecontractoragreement
NosuchcasesintheReportingPeriod.（
）Listedbywithdrawalmethodsforprovisionforbaddebts
Category
| Category | Closingbalance | ||||
| Bookbalance | Provisionforbaddebts | Carryingvalue | |||
| Amount | Proportion(%) | Amount | Provisionpercentage(%) | ||
| Provisionsetasideforbaddebtsbythesingleitem | |||||
| Provisionsetasideforbaddebtsbyportfolio | 594,811,837.40 | 100.00 | 845,542.52 | 0.14 | 593,966,294.88 |
| Ofwhich:Banker'sacceptance | 553,363,673.92 | 93.03 | 553,363,673.92 | ||
| Commercialacceptancedraft | 41,448,163.48 | 6.97 | 845,542.52 | 2.04 | 40,602,620.96 |
| Total | 594,811,837.40 | 100.00 | 845,542.52 | 0.14 | 593,966,294.88 |
(Continued)
| Category | Openingbalance | ||||
| Bookbalance | Provisionforbaddebts | Carryingvalue | |||
| Amount | Proportion(%) | Amount | Provisionpercentage(%) | ||
| Provisionsetasideforbaddebtsbythesingleitem | |||||
| Provisionsetasideforbaddebtsbyportfolio | 1,067,029,648.07 | 100.00 | 7,292,404.53 | 0.68 | 1,059,737,243.54 |
| Ofwhich:Banker'sacceptance | 709,558,838.75 | 66.50 | 709,558,838.75 | ||
| Commercialacceptancedraft | 357,470,809.32 | 33.50 | 7,292,404.53 | 2.04 | 350,178,404.79 |
| Total | 1,067,029,648.07 | 100.00 | 7,292,404.53 | 0.68 | 1,059,737,243.54 |
1）Inthegroup,notesreceivable,forwhichtheprovisionforexpectedcreditlosswas
madeaccordingtotradeacceptance
Name
| Name | Closingbalance | ||
| Bookbalance | Provisionforbaddebts | Provisionpercentage(%) | |
| Withinoneyear | 41,448,163.48 | 845,542.52 | 2.04 |
| Total | 41,448,163.48 | 845,542.52 | 2.04 |
（6）Provisionforbaddebtsfornotesreceivablewithdrawn,collectedorreversedduringtheReportingPeriod
| Category | Openingbalance | ChangeintheReportingPeriod | Closingbalance | ||
| Provision | Recoveryorreclassification | Charge-offorwrite-off | |||
| Commercialacceptancedraft | 7,292,404.53 | 707,063.68 | 7,153,925.69 | 845,542.52 | |
| Banker'sacceptance | |||||
| Total | 7,292,404.53 | 707,063.68 | 7,153,925.69 | 845,542.52 | |
（
）NotesreceivableactuallywrittenoffintheReportingPeriod
TherewasnonotesreceivableactuallywrittenoffintheReportingPeriod.
4.Accountsreceivable
（
）Accountsreceivablelistedbywithdrawalmethodsforbaddebts
| Category | Closingbalance | ||||
| Bookbalance | Provisionforbaddebts | Carryingvalue | |||
| Amount | Proportion(%) | Amount | Provisionpercentage(%) | ||
| Accountsreceivableofexpectedcreditlosseswithdrawnindividually | 1,449,419,796.71 | 38.00 | 1,325,790,697.15 | 91.47 | 123,629,099.56 |
| Accountsreceivableofexpectedcreditlosseswithdrawnbyportfolio | |||||
| Ofwhich:Agingportfolio | 2,365,166,083.30 | 62.00 | 400,800,627.33 | 16.95 | 1,964,365,455.97 |
| Subtotalofportfolio | 2,365,166,083 | 62.00 | 400,800,627.33 | 16.95 | 1,964,365,455.9 |
Category
| Category | Closingbalance | ||||
| Bookbalance | Provisionforbaddebts | Carryingvalue | |||
| Amount | Proportion(%) | Amount | Provisionpercentage(%) | ||
| .30 | 7 | ||||
| Total | 3,814,585,880.01 | 100.00 | 1,726,591,324.48 | 45.26 | 2,087,994,555.53 |
(Continued)
| Category | Openingbalance | ||||
| Bookbalance | Provisionforbaddebts | Carryingvalue | |||
| Amount | Proportion(%) | Amount | Provisionpercentage(%) | ||
| Accountsreceivableofexpectedcreditlosseswithdrawnindividually | 1,487,466,561.80 | 40.11 | 1,350,460,284.27 | 90.79 | 137,006,277.53 |
| Accountsreceivableofexpectedcreditlosseswithdrawnbyportfolio | |||||
| Ofwhich:Agingportfolio | 2,221,448,326.94 | 59.89 | 321,719,768.25 | 14.48 | 1,899,728,558.69 |
| Subtotalofportfolio | 2,221,448,326.94 | 59.89 | 321,719,768.25 | 14.48 | 1,899,728,558.69 |
| Total | 3,708,914,888.74 | 100.00 | 1,672,180,052.52 | 45.09 | 2,036,734,836.22 |
1)Provisionforbaddebtsofaccountsreceivableprovidedindividually
| Name | Closingbalance | |||
| Bookbalance | Provisionforbaddebts | Provisionpercentage(%) | Reasonsfortheprovision | |
| ShanghaiHuaxinInternationalGroupCo.,Ltd. | 299,136,676.70 | 293,153,943.17 | 98.00% | Expectedtobedifficulttorecover |
| HongtuSanbaoHigh-techTechnologyCo.,Ltd. | 200,000,000.00 | 160,000,000.00 | 80.00% | Reorganizationbyagreement |
| ShenzhenYaodeTechnologyCo., | 148,503,144.96 | 125,575,215.21 | 84.56% | Expectedtobedifficultto |
Name
| Name | Closingbalance | |||
| Bookbalance | Provisionforbaddebts | Provisionpercentage(%) | Reasonsfortheprovision | |
| Ltd. | recover | |||
| GuanganOuqishiElectronicTechnologyCo.,Ltd. | 113,140,553.53 | 110,965,942.46 | 98.08% | Expectedtobedifficulttorecover |
| GuangxiBGNewMaterialsCo.,Ltd. | 83,396,556.37 | 81,728,625.24 | 98.00% | Expectedtobedifficulttorecover |
| ZhongfuTiangongConstructionGroupCo.,Ltd. | 71,539,096.65 | 53,654,322.49 | 75.00% | Expectedtobedifficulttorecover |
| No.1EngineeringCompanyLtd.ofCCCCFirstHarborEngineeringCompanyLtd. | 65,221,300.00 | 65,221,300.00 | 100.00% | Expectedtobedifficulttorecover |
| GomeCustomization(Tianjin)HomeAppliancesCo.,Ltd. | 59,569,295.02 | 35,741,577.01 | 60.00% | Highercreditrisk |
| XingdaHongye(Hk)Limited | 51,902,301.95 | 51,902,301.95 | 100.00% | Expectedtobedifficulttorecover |
| ChinaEnergyPowerFuelCo.,Ltd. | 50,000,000.00 | 50,000,000.00 | 100.00% | Expectedtobedifficulttorecover |
| Others | 307,010,871.53 | 297,847,469.62 | 97.02% | Expectedtobedifficulttorecover |
| Total | 1,449,419,796.71 | 1,325,790,697.15 | 91.47% | |
2）Provisionforbaddebtsforaccountsreceivablemadeasperportfolio
| Aging | Closingbalance | ||
| Bookbalance | Provisionforbaddebts | Provisionpercentage(%) | |
| Withinoneyear | 1,664,332,357.05 | 33,952,378.22 | 2.04 |
| Onetotwoyears | 210,579,371.75 | 21,100,053.08 | 10.02 |
| Twotothreeyears | 111,910,276.13 | 25,392,441.65 | 22.69 |
| Threetofouryears | 165,114,817.76 | 107,126,493.77 | 64.88 |
| Overfouryears | 213,229,260.61 | 213,229,260.61 | 100.00 |
| Total | 2,365,166,083.30 | 400,800,627.33 | 16.95 |
Thisportfolioisrecognisedbasedontheagingcharacteristicsofaccountsreceivable,andthewithdrawalproportionofprovisionforbaddebtsisrecognisedbasedonthehistoricallossrateand
forward-lookingfactors.
（
）Accountsreceivablelistedbyagingportfolio
Aging
| Aging | Closingbalance |
| Withinoneyear | 1,685,919,645.47 |
| Onetotwoyears | 258,939,219.13 |
| Twotothreeyears | 268,490,865.00 |
| Overthreeyears | 1,601,236,150.41 |
| Threetofouryears | 679,278,480.01 |
| Fourtofiveyears | 716,006,713.85 |
| Overfiveyears | 205,950,956.55 |
| Subtotal | 3,814,585,880.01 |
| Less:Provisionsforbaddebts | 1,726,591,324.48 |
| Total | 2,087,994,555.53 |
（3）InformationofprovisionforbaddebtsintheReportingPeriod
| Category | Openingbalance | ChangeintheReportingPeriod | |
| Provision | Recoveryorreclassification | ||
| Provisionforbaddebtsofaccountsreceivable | 1,672,180,052.52 | 59,109,024.45 | 8,944,070.58 |
| Total | 1,672,180,052.52 | 59,109,024.45 | 8,944,070.58 |
(Continued)
| Category | ChangeintheReportingPeriod | Closingbalance | |
| Charge-offorwrite-off | Decreaseforotherreasons | ||
| Provisionforbaddebtsofaccountsreceivable | 1,571,951.15 | -5,818,269.24 | 1,726,591,324.48 |
| Total | 1,571,951.15 | -5,818,269.24 | 1,726,591,324.48 |
DecreasesforotherreasonswereRMB-5,818,269.24duetoexchangeratechanges.
（4）AccountsreceivableactuallyverifiedduringtheReportingPeriod
| Item | Amountwrittenoff |
| Accountsreceivablewrittenoff | 1,571,951.15 |
（5）TopfiveaccountsreceivableintheclosingbalancecategorisedbydebtorsThetotalamountofreceivableswithtopfiveendingbalancecollectedbyarrearspartyforthe
ReportingPeriodwasRMB1,424,661,269.74,accountingfor37.35%ofthetotalendingbalanceofaccountsreceivable.ThetotalendingbalanceofprovisionforbaddebtscorrespondinglywithdrawnwasRMB594,613,927.63.
（
）AccountsreceivablederecognisedduetothetransferoffinancialassetsTherewerenoaccountsreceivablederecognisedfortransferoffinancialassets.（
）Amountofassetsandliabilitiesgeneratedthroughthetransferofaccountsreceivableandcontinuinginvolvement
TherewasnoamountofassetsandliabilitiesformedduetothetransferofaccountsreceivableandcontinuedinvolvementinReportingPeriod.
5.Accountsreceivablefinancing
Item
| Item | Closingbalance | Openingbalance |
| Notesreceivable | 344,155,903.39 | 237,187,228.44 |
| Total | 344,155,903.39 | 237,187,228.44 |
6.Prepayments（
）Ageofprepayments
| Item | Closingbalance | Openingbalance | ||
| Amount | Proportion(%) | Amount | Proportion(%) | |
| Withinoneyear | 458,666,394.73 | 88.82 | 332,218,631.50 | 85.20 |
| Onetotwoyears | 52,391,934.11 | 10.15 | 52,945,431.22 | 13.58 |
| Twotothreeyears | 1,556,755.37 | 0.30 | 4,191,405.92 | 1.07 |
| Overthreeyears | 3,771,408.88 | 0.73 | 592,183.75 | 0.15 |
| Total | 516,386,493.09 | 100.00 | 389,947,652.39 | 100.00 |
Note:TheamountofprepaymentsagedoveroneyearattheendoftheperiodisRMB57,720,098.36,accountingfor11.18%ofthetotalbalanceofprepaymentsoftheCompany,andconsistsmainlyofpaymentsforgoodsafloatorunsettledpayments.
（2）TopfiveprepaymentsintheclosingbalancecategorisedbypayeesThetotalamountofprepaymentswithtopfiveendingbalancecollectedbyprepaidpartywasRMB345,703,811.55,accountingfor66.95%ofthetotalendingbalanceofprepayments.
7.Otheraccountsreceivable
Item
| Item | Closingbalance | Openingbalance |
| Interestreceivable | 5,279,505.89 | 3,878,580.64 |
| Dividendsreceivable | 272,999.43 | |
| Otheraccountsreceivable | 1,410,423,205.46 | 1,437,973,265.51 |
| Total | 1,415,702,711.35 | 1,442,124,845.58 |
7.1Interestreceivable
（1）Classificationofinterestreceivable
| Item | Closingbalance | Openingbalance |
| Interestontermdeposits | 5,279,505.89 | 3,878,580.64 |
| Total | 5,279,505.89 | 3,878,580.64 |
（
）WithdrawalofprovisionforbaddebtsforinterestreceivableTheCompanydidnothaveimpairedinterestreceivable.
7.2Dividendsreceivable
(1)Categoryofdividendsreceivable
| Item(orinvestee) | Closingbalance | Openingbalance |
| ChongqingQingjiaElectronicsCo.,Ltd. | 272,999.43 | |
| Total | 272,999.43 |
7.3Otherreceivables
(1)Classifiedbyaccountnature
| Natureoffund | Closingbookbalance | Openingbookbalance |
| Depositandmargin | 1,510,004,920.83 | 1,411,807,968.60 |
| Intercoursefundsamongminorityshareholdersinthebusinessconsolidationnotunderthesamecontrolandrelatedparties | 177,858,075.72 | 176,571,471.89 |
| Energy-savingsubsidiesreceivable | 152,399,342.00 | 152,399,342.00 |
| Others | 1,496,581,720.41 | 1,523,970,760.63 |
| Total | 3,336,844,058.96 | 3,264,749,543.12 |
(2)Withdrawalofprovisionforbaddebtsforotherreceivables
| Provisionforbaddebts | PhaseI | PhaseII | PhaseIII | Total |
Expectedcreditlossforthenext12months
| Expectedcreditlossforthenext12months | Expectedcreditlossduringthewholeoutstandingmaturity(withoutcreditimpairment) | Expectedcreditlossduringthewholeoutstandingmaturity(withcreditimpairment) | ||
| Balanceasof1January2023 | 6,475,374.50 | 382,824,494.22 | 1,437,476,408.89 | 1,826,776,277.61 |
| IntheReportingPeriod,carryingamountofotherreceivableson1January2023 | -5,096,229.69 | 5,096,229.69 | ||
| --TransferredtoPhaseII | -5,096,229.69 | 5,096,229.69 | ||
| --TransferredtoPhaseIII | ||||
| --ReclassifiedunderPhaseII | ||||
| --ReclassifiedunderPhaseI | ||||
| ProvisionintheReportingPeriod | 3,427,101.55 | 91,765,719.66 | 1,286,766.29 | 96,479,587.50 |
| ReclassificationintheReportingPeriod | 5,000.00 | 5,000.00 | ||
| Charge-offintheReportingPeriod | ||||
| Write-offintheReportingPeriod | ||||
| Otherchanges | 2,006,401.54 | 1,163,586.85 | 3,169,988.39 | |
| Balanceasof30June2023 | 6,812,647.90 | 479,686,443.57 | 1,439,921,762.03 | 1,926,420,853.50 |
Note:Thefirststageisthatcreditriskhasnotincreasedsignificantlysinceinitialrecognition.Forotherreceivableswithanagingportfolioandalow-riskportfoliowithinoneyear,thelossprovisionismeasuredaccordingtotheexpectedcreditlossesinthenext12months.Thesecondstageisthatcreditriskhasincreasedsignificantlysinceinitialrecognitionbutcreditimpairmenthasnotyetoccurred.Forotherreceivableswithanagingportfolioandalow-riskportfoliothatexceedoneyear,thelossprovisionismeasuredbasedontheexpectedcreditlossesfortheentireduration.
Thethirdstageisthecreditimpairmentafterinitialconfirmation.Forotherreceivablesofcreditimpairmentthathaveoccurred,thelossprovisionismeasuredaccordingtothecreditlosses
thathaveoccurredthroughouttheduration.
(3)Withdrawingprovisionforbaddebtsforotherreceivablesbyportfolio
Category
| Category | Closingbalance | ||||
| Bookbalance | Provisionforbaddebts | Carryingvalue | |||
| Amount | Proportion(%) | Amount | Withdrawalproportion(%) | ||
| Otherreceivablesofexpectedcreditlosseswithdrawnindividually | 1,463,672,741.80 | 43.86 | 1,439,921,762.03 | 98.38 | 23,750,979.77 |
| Otherreceivablesofprovisionforbaddebtswithdrawnbycreditriskcharacteristicportfolio: | |||||
| Agingportfolio | 1,386,594,236.71 | 41.56 | 465,077,601.03 | 33.54 | 921,516,635.68 |
| Low-riskportfolio | 486,577,080.45 | 14.58 | 21,421,490.44 | 4.40 | 465,155,590.01 |
| Subtotalofportfolio | 1,873,171,317.16 | 56.14 | 486,499,091.47 | 25.97 | 1,386,672,225.69 |
| Total | 3,336,844,058.96 | 100.00 | 1,926,420,853.50 | 57.73 | 1,410,423,205.46 |
(Continued)
| Category | Openingbalance | ||||
| Bookbalance | Provisionforbaddebts | Carryingvalue | |||
| Amount | Proportion(%) | Amount | Withdrawalproportion(%) | ||
| Otherreceivablesofexpectedcreditlosseswithdrawnindividually | 1,461,191,467.51 | 44.76 | 1,437,476,408.89 | 98.38 | 23,715,058.62 |
| Otherreceivablesofprovisionforbaddebtswithdrawnbycreditriskcharacteristic | |||||
Category
| Category | Openingbalance | ||||
| Bookbalance | Provisionforbaddebts | Carryingvalue | |||
| Amount | Proportion(%) | Amount | Withdrawalproportion(%) | ||
| portfolio: | |||||
| Agingportfolio | 1,342,397,234.31 | 41.12 | 372,315,645.78 | 27.74 | 970,081,588.53 |
| Low-riskportfolio | 461,160,841.30 | 14.12 | 16,984,222.94 | 3.68 | 444,176,618.36 |
| Subtotalofportfolio | 1,803,558,075.61 | 55.24 | 389,299,868.72 | 21.59 | 1,414,258,206.89 |
| Total | 3,264,749,543.12 | 100.00 | 1,826,776,277.61 | 55.95 | 1,437,973,265.51 |
(4)Otherreceivableslistedbyaging
| Aging | Closingbalance |
| Withinoneyear | 543,179,086.07 |
| Onetotwoyears | 277,182,000.17 |
| Twotothreeyears | 913,187,173.58 |
| Threetofouryears | 1,158,266,707.88 |
| Fourtofiveyears | 250,085,099.34 |
| Overfiveyears | 194,943,991.92 |
| Subtotal | 3,336,844,058.96 |
| Less:Provisionsforbaddebts | 1,926,420,853.50 |
| Total | 1,410,423,205.46 |
(5)ProvisionforbaddebtsforotherreceivablesTheamountofprovisionforbaddebtsforReportingPeriodwasRMB96,479,587.50,increasingRMB3,170,033.27whichwasmainlyduetoexchangeratechanges,decreasingRMB44.88whichwasmainlyduetolossofcontrol.
(6)OtherreceivablesactuallywrittenofffortheReportingPeriodTherewerenootherreceivablesactuallywrittenofffortheReportingPeriod.
(7)TopfiveotheraccountsreceivableintheclosingbalancecategorisedbydebtorsThetotalamountofotherreceivableswithtopfiveendingbalancecollectedbyarrearspartyintheReportingPeriodwasRMB1,475,353,794.88,accountingfor44.21%ofthetotalendingbalanceofotherreceivables.ThetotalendingbalanceofprovisionforbaddebtscorrespondinglywithdrawnwasRMB600,453,158.74.
(8)Otheraccountsreceivablederecognisedduetothetransferoffinancialassets
TherewerenootherreceivablesderecognisedduetothetransferoffinancialassetsfortheReportingPeriod.
(9)AmountofassetsandliabilitiesgeneratedthroughthetransferofotheraccountsreceivableandcontinuinginvolvementTherewerenoassetsorliabilitiesformedduetothetransferandthecontinuedinvolvementofotherreceivablesduringtheReportingPeriod.
8.Inventory
（
）Inventoryclassification
Item
| Item | Closingbalance | ||
| Bookbalance | Provisionforinventoryimpairment/forcontractfulfilmentcostimpairment | Carryingvalue | |
| Rawmaterials | 1,504,770,929.78 | 71,727,933.75 | 1,433,042,996.03 |
| Semi-finishedproducts | 130,868,472.14 | 37,830,224.42 | 93,038,247.72 |
| Commoditiesinstock | 2,961,430,584.10 | 244,868,061.46 | 2,716,562,522.64 |
| Commissionedproducts | 2,535,888.55 | 2,535,888.55 | |
| Contractfulfilmentcosts | 178,053.10 | 178,053.10 | |
| Developmentcosts | 413,385,626.00 | 413,385,626.00 | |
| Total | 5,013,169,553.67 | 354,426,219.63 | 4,658,743,334.04 |
(Continued)
| Item | Openingbalance | ||
| Bookbalance | Provisionforinventoryimpairment/forcontractfulfilmentcostimpairment | Carryingvalue | |
| Rawmaterials | 1,168,223,234.28 | 64,695,751.94 | 1,103,527,482.34 |
| Semi-finishedproducts | 145,186,803.18 | 37,339,815.90 | 107,846,987.28 |
| Commoditiesinstock | 3,316,097,782.82 | 270,664,206.34 | 3,045,433,576.48 |
| Commissionedproducts | 2,862,799.75 | 2,862,799.75 | |
| Contractfulfilmentcosts | 254,159.33 | 254,159.33 | |
| Developmentcosts | 149,842,751.04 | 149,842,751.04 | |
| Total | 4,782,467,530.40 | 372,699,774.18 | 4,409,767,756.22 |
（
）Inventoryfallingpricereservesandimpairmentprovisionofcontractperformancecosts
Item
| Item | Openingbalance | IncreaseintheReportingPeriod | |
| Withdrawal | Others | ||
| Rawmaterials | 64,695,751.94 | 7,004,127.25 | |
| Semi-finishedproducts | 37,339,815.90 | 509,216.97 | |
| Commoditiesinstock | 270,664,206.34 | 7,761,139.98 | |
| Commissionedproducts | |||
| Contractfulfilmentcosts | |||
| Developmentcosts | |||
| Total | 372,699,774.18 | 15,274,484.20 | |
(Continued)
| Item | DecreaseintheReportingPeriod | Closingbalance | |
| Write-off | Others | ||
| Rawmaterials | 1,215,334.13 | -1,243,388.69 | 71,727,933.75 |
| Semi-finishedproducts | 18,808.45 | 37,830,224.42 | |
| Commoditiesinstock | 33,595,757.23 | -38,472.37 | 244,868,061.46 |
| Commissionedproducts | |||
| Contractfulfilmentcosts | |||
| Developmentcosts | |||
| Total | 34,829,899.81 | -1,281,861.06 | 354,426,219.63 |
SpecificbasisfordeterminingtherealisablenetvalueandreasonsforinventoryfallingpricereservesandimpairmentprovisionforcontractperformancecoststransferredbackorwrittenoffduringtheReportingPeriod:
| Item | Specificbasisforwithdrawalofinventoryfallingpricereserves | Reasonsforwrite-offofinventoryfallingpricereservesintheReportingPeriod |
| Rawmaterials | Therealisablenetvaluewaslowerthanthecarryingvalue | TheyhavebeensoldorcollectedintheReportingPeriod |
| Semi-finishedproducts | Therealisablenetvaluewaslowerthanthecarryingvalue | TheyhavebeensoldorcollectedintheReportingPeriod |
| Commoditiesinstock | Therealisablenetvaluewaslowerthanthecarryingvalue | TheyhavebeensoldintheReportingPeriod |
9.Contractassets
(1)Contractassets
Item
| Item | Closingbalance | ||
| Bookbalance | Provisionforimpairment | Carryingvalue | |
| Receivablesamongsettleditems,whicharenotunconditionalpayment | 441,792.02 | 9,012.56 | 432,779.46 |
| Total | 441,792.02 | 9,012.56 | 432,779.46 |
Item
| Item | Openingbalance | ||
| Bookbalance | Provisionforimpairment | Carryingvalue | |
| Receivablesamongsettleditems,whicharenotunconditionalpayment | |||
| Total | |||
(2)Withdrawalofimpairmentprovisionforcontractualassets
| Item | ProvisionintheReportingPeriod | ReclassificationintheReportingPeriod | Charge-off/Write-offintheReportingPeriod | Decreaseforotherreasons | Reasons |
| Receivablesamongsettleditems,whicharenotunconditionalpayment | 9,012.56 | ||||
| Total | 9,012.56 |
10.Non-currentassetsduewithinoneyear
| Item | Closingbalance | Openingbalance | Nature |
| Long-termreceivablesduewithinoneyear | 3,630,000.00 | 14,630,000.00 | Cashdeposit |
| Total | 3,630,000.00 | 14,630,000.00 |
11.Othercurrentassets
| Item | Closingbalance | Openingbalance |
| Principalandinterestsofentrustedloanstoassociatedenterprises | 1,867,956,911.49 | 1,544,592,633.44 |
| Prepaymentsanddeductibletaxes,andrefundoftaxforexportreceivable | 507,310,047.74 | 457,991,464.58 |
| Deferredexpenses | 22,893,812.47 | 17,278,894.58 |
| Costsreceivableforreturninggoods | 15,705,912.79 | 14,214,651.96 |
Item
| Item | Closingbalance | Openingbalance |
| Others | 4,325,476.35 | 4,763,581.27 |
| Total | 2,418,192,160.84 | 2,038,841,225.83 |
12.Long-termreceivables
（1）Long-termaccountsreceivable
| Item | Closingbalance | ||
| Bookbalance | Provisionforbaddebts | Carryingvalue | |
| Financeleasepayment | |||
| Including:Unrealisedfinancingincome | |||
| Cashdepositsoflong-termreceivables | 4,430,400.00 | 4,430,400.00 | |
| Less:Long-termreceivableduewithinoneyear(SeeNoteVI.10fordetails) | 3,630,000.00 | 3,630,000.00 | |
| Total | 800,400.00 | 800,400.00 | |
(Continued)
| Item | Openingbalance | ||
| Bookbalance | Provisionforbaddebts | Carryingvalue | |
| Financeleasepayment | |||
| Including:Unrealisedfinancingincome | |||
| Cashdepositsoflong-termreceivables | 15,430,400.00 | 15,430,400.00 | |
| Less:Long-termreceivableduewithinoneyear(SeeNoteVI.10fordetails) | 14,630,000.00 | 14,630,000.00 | |
| Total | 800,400.00 | 800,400.00 | |
13.Long-termequityinvestment
Investee
| Investee | Openingbalance | ChangeintheReportingPeriod | ||||
| Increaseintheinvestment | Decreaseintheinvestment | Costmethodtoequitymethod | Profitorlossofinvestmentrecognisedbytheequitymethod | Changesinothercomprehensiveincome | ||
| KonkaVenturesDevelopment(Shenzhen)Co.,Ltd.(formerlyknownas"KonkaVenturesDevelopment(Shenzhen)Co.,Ltd.") | 4,963,158.89 | |||||
| NanjingZhihuiguangInformationTechnologyResearchInstituteCo.,Ltd. | 1,686,591.04 | |||||
| FeidiTechnology(Shenzhen)Co.,Ltd. | 10,591,603.87 | |||||
| ShenzhenKangyueEnterpriseCo.,Ltd. | 32,232,415.88 | -54,027.66 | ||||
| FoshanZhujiangMediaCreativeParkCultureDevelopmentCo.,Ltd. | 2,834,367.04 | |||||
| KangkaiTechnologyService(Chengdu)Co.,Ltd. | 209,048.32 | |||||
| PuchuangJiakangTechnologyCo,Ltd. | 3,658,484.71 | -894,025.70 | ||||
| ChongqingQingjiaElectronicsCo.,Ltd. | 5,831,185.33 | 5,831,185.33 | ||||
| ShenzhenJielunteTechnologyCo.,Ltd. | 99,748,594.97 | -4,159,623.03 | ||||
Investee
| Investee | Openingbalance | ChangeintheReportingPeriod | ||||
| Increaseintheinvestment | Decreaseintheinvestment | Costmethodtoequitymethod | Profitorlossofinvestmentrecognisedbytheequitymethod | Changesinothercomprehensiveincome | ||
| PanxuIntelligenceCo.,Ltd. | 51,392,171.46 | -274,477.86 | ||||
| OrientExcellent(Zhuhai)AssetManagementCo.,Ltd. | 7,482,864.06 | 1,101,394.33 | ||||
| DongfangJiakangNo.1(Zhuhai)PrivateEquityInvestmentFund(LP) | 483,905,786.35 | 16,750,995.01 | 12,807,706.86 | |||
| TongxiangWuzhenKunyuEquityInvestmentCo.,Ltd. | 3,527,761.64 | |||||
| ShenzhenRF-LINKTechnologyCo.,Ltd. | ||||||
| AnhuiKaikaiShijieE-commerceCo.,Ltd. | 418,721,305.96 | |||||
| KunshanKangshengInvestmentDevelopmentCo.,Ltd. | 313,484,693.57 | -10,055,178.43 | ||||
| ChutianDragonCo.,Ltd. | 523,726,463.18 | |||||
| ShaanxiSilkRoadCloudIntelligentTechCo.,Ltd. | 13,333,698.78 | -781,563.56 | ||||
| ShenzhenKanghongxingIntelligentTechnologyCo.,Ltd. | ||||||
| ShenzhenYaodeTechnologyCo.,Ltd. | ||||||
| WuhanTianyuanEnvironmentalProtection | 352,295,640.91 | -3,659,889.05 | ||||
Investee
| Investee | Openingbalance | ChangeintheReportingPeriod | ||||
| Increaseintheinvestment | Decreaseintheinvestment | Costmethodtoequitymethod | Profitorlossofinvestmentrecognisedbytheequitymethod | Changesinothercomprehensiveincome | ||
| Co.,Ltd. | ||||||
| ChuzhouKonkaTechnologyIndustryDevelopmentCo.,Ltd. | 49,658,397.02 | -2,909,934.84 | ||||
| ChuzhouKangjinHealthIndustrialDevelopmentCo.,Ltd. | 275,858,698.37 | -2,876,368.35 | ||||
| NantongKangjianTechnologyIndustrialParkOperationsandManagementCo.,Ltd. | 107,310,029.86 | |||||
| ChuzhouKangxinHealthIndustryDevelopmentCo.,Ltd. | 183,310,823.25 | -1,327,324.27 | ||||
| DongguanGuankangYuhongInvestmentCo.,Ltd. | 521,341,722.37 | |||||
| ShandongEconTechnologyCo.,Ltd. | 1,246,099,855.22 | |||||
| DongguanKangjiaNewMaterialsTechnologyCo.,Ltd.. | 6,951,651.72 | 186,757.47 | ||||
| ChongqingE2infoTechnologyCo.,Ltd. | 1,023,251,062.59 | 17,264,263.57 | ||||
| YantaiKangyunIndustrialDevelopmentCo.,Ltd. | 72,320,476.84 | -2,714,568.47 | ||||
| E3info(Hainan)Technology | 30,708,255.04 | |||||
Investee
| Investee | Openingbalance | ChangeintheReportingPeriod | ||||
| Increaseintheinvestment | Decreaseintheinvestment | Costmethodtoequitymethod | Profitorlossofinvestmentrecognisedbytheequitymethod | Changesinothercomprehensiveincome | ||
| Co.,Ltd. | ||||||
| ShenzhenKangjiaJiapinIntelligentElectricalApparatusTechnologyCo.,Ltd. | 5,371,364.87 | 739,175.43 | ||||
| ShenzhenKONKAE-displayCo.,Ltd. | 82,221,081.72 | 690,558.45 | ||||
| ChongqingYuanlvBenpaoRealEstateCo.,Ltd. | 33,721,573.96 | |||||
| ShenzhenKangpengDigitalTechnologyCo.,Ltd. | 3,411,153.10 | -1,124,071.28 | ||||
| YantaiKangtangConstructionDevelopmentCo.,Ltd. | 232,597.64 | |||||
| DongguanKangzhihuiElectronicsCo.,Ltd. | 23,998,624.46 | 25,519.24 | ||||
| SichuanHuayiJiakangTechnologyCo.,Ltd. | 121,403.90 | |||||
| ShenzhenAimijiakangTechnologyCo.,Ltd.(formerly:SichuanAimijiakangTechnologyCo.,Ltd.) | 1,585,761.09 | -327,859.93 | ||||
| BeijingKonkaJingyuanTechnologyCo.,Ltd. | 733,832.84 | |||||
| ChongqingLiangshan | 121,802.33 | |||||
Investee
| Investee | Openingbalance | ChangeintheReportingPeriod | ||||
| Increaseintheinvestment | Decreaseintheinvestment | Costmethodtoequitymethod | Profitorlossofinvestmentrecognisedbytheequitymethod | Changesinothercomprehensiveincome | ||
| EnterpriseManagementCo.,Ltd. | ||||||
| ShenzhenKangeneTechnologyInnovationDevelopmentCo.,Ltd. | 967,323.92 | 58,982.15 | ||||
| ShandongKangfeiIntelligentElectricalAppliancesCo.,Ltd. | 1,373,981.26 | -1,273,205.73 | ||||
| HenanKangfeiIntelligentElectricalAppliancesCo.,Ltd. | 1,182,963.46 | 622,762.16 | ||||
| GuangdongKangyuanSemiconductorCo.,Ltd. | 12,777,082.28 | -1,809,061.91 | ||||
| ChongqingKangyiqingTechnologyCo.,Ltd. | 1,010,683.91 | -199,975.02 | ||||
| ShenzhenKangyingSemiconductorTechnologyCo.,Ltd. | 13,254,520.44 | -6,742,110.44 | ||||
| WiseliteInternational(HK)Limited | 1,641,595.45 | |||||
| ChongqingKangjianOptoelectronicsTechnologyCo.,Ltd. | 11,493,032.21 | -800,000.00 | ||||
| AnhuiKangtaSupplyChainManagementCo.,Ltd. | 18,060,000.00 | -528,765.53 | ||||
| WuhanKangtang | 26,654,950.30 | -958,720.49 | ||||
Investee
| Investee | Openingbalance | ChangeintheReportingPeriod | ||||
| Increaseintheinvestment | Decreaseintheinvestment | Costmethodtoequitymethod | Profitorlossofinvestmentrecognisedbytheequitymethod | Changesinothercomprehensiveincome | ||
| InformationTechnologyCo.,Ltd. | ||||||
| SichuanChengruiRealEstateCo.,Ltd. | 41,423,514.93 | -4,691,048.46 | ||||
| KonkaIndustrialDevelopment(Wuhan)Co.,Ltd. | 43,290,693.00 | |||||
| HefeiKONSEMIStorageTechnologyCo.,Ltd. | 180,146,610.27 | -13,033,084.11 | ||||
| SichuanHongxinchenRealEstateDevelopmentCo.,Ltd. | 54,880,000.00 | -807,774.07 | ||||
| 6,351,232,955.58 | 22,582,180.34 | 54,880,000.00 | -28,505,538.53 | |||
(Continued)
| Investee | ChangeintheReportingPeriod | Closingbalance | Closingbalanceoftheprovisionforimpairment | |||
| Changesinotherequities | Cashdividendsorprofitsdeclaredtobedistributed | WithdrawalofimpairmentprovisionReserve | Others | |||
| KonkaVenturesDevelopment(Shenzhen)Co.,Ltd.(formerlyknownas"KonkaVenturesDevelopment(Shenzhen)Co., | 4,963,158.89 | |||||
Investee
| Investee | ChangeintheReportingPeriod | Closingbalance | Closingbalanceoftheprovisionforimpairment | |||
| Changesinotherequities | Cashdividendsorprofitsdeclaredtobedistributed | WithdrawalofimpairmentprovisionReserve | Others | |||
| Ltd.") | ||||||
| NanjingZhihuiguangInformationTechnologyResearchInstituteCo.,Ltd. | 1,686,591.04 | |||||
| FeidiTechnology(Shenzhen)Co.,Ltd. | 10,591,603.87 | |||||
| ShenzhenKangyueEnterpriseCo.,Ltd. | 32,178,388.22 | |||||
| FoshanZhujiangMediaCreativeParkCultureDevelopmentCo.,Ltd. | 2,834,367.04 | |||||
| KangkaiTechnologyService(Chengdu)Co.,Ltd. | 209,048.32 | |||||
| PuchuangJiakangTechnologyCo,Ltd. | 1,000,000.00 | 1,764,459.01 | ||||
| ChongqingQingjiaElectronicsCo.,Ltd. | ||||||
| ShenzhenJielunteTechnologyCo.,Ltd. | 95,588,971.94 | |||||
| PanxuIntelligenceCo.,Ltd. | 51,117,693.60 | |||||
| OrientExcellent(Zhuhai)AssetManagementCo.,Ltd. | 8,584,258.39 | |||||
| DongfangJiakangNo.1(Zhuhai)PrivateEquityInvestmentFund(LP) | 479,962,498.20 | |||||
Investee
| Investee | ChangeintheReportingPeriod | Closingbalance | Closingbalanceoftheprovisionforimpairment | |||
| Changesinotherequities | Cashdividendsorprofitsdeclaredtobedistributed | WithdrawalofimpairmentprovisionReserve | Others | |||
| TongxiangWuzhenKunyuEquityInvestmentCo.,Ltd. | 3,527,761.64 | |||||
| ShenzhenRF-LINKTechnologyCo.,Ltd. | 85,656,027.35 | |||||
| AnhuiKaikaiShijieE-commerceCo.,Ltd. | 418,721,305.96 | |||||
| KunshanKangshengInvestmentDevelopmentCo.,Ltd. | 29,400,000.00 | 274,029,515.14 | ||||
| ChutianDragonCo.,Ltd. | -523,726,463.18 | |||||
| ShaanxiSilkRoadCloudIntelligentTechCo.,Ltd. | 12,552,135.22 | |||||
| ShenzhenKanghongxingIntelligentTechnologyCo.,Ltd. | 12,660,222.73 | |||||
| ShenzhenYaodeTechnologyCo.,Ltd. | 214,559,469.35 | |||||
| WuhanTianyuanEnvironmentalProtectionCo.,Ltd. | 90,301,655.75 | 3,078,000.00 | 435,859,407.61 | |||
| ChuzhouKonkaTechnologyIndustryDevelopmentCo.,Ltd. | 46,748,462.18 | |||||
| ChuzhouKangjinHealthIndustrialDevelopmentCo.,Ltd. | 272,982,330.02 | |||||
Investee
| Investee | ChangeintheReportingPeriod | Closingbalance | Closingbalanceoftheprovisionforimpairment | |||
| Changesinotherequities | Cashdividendsorprofitsdeclaredtobedistributed | WithdrawalofimpairmentprovisionReserve | Others | |||
| NantongKangjianTechnologyIndustrialParkOperationsandManagementCo.,Ltd. | 107,310,029.86 | |||||
| ChuzhouKangxinHealthIndustryDevelopmentCo.,Ltd. | 181,983,498.98 | |||||
| DongguanGuankangYuhongInvestmentCo.,Ltd. | 521,341,722.37 | |||||
| ShandongEconTechnologyCo.,Ltd. | 1,246,099,855.22 | |||||
| DongguanKangjiaNewMaterialsTechnologyCo.,Ltd.. | 7,138,409.19 | |||||
| ChongqingE2infoTechnologyCo.,Ltd. | 1,040,515,326.16 | |||||
| YantaiKangyunIndustrialDevelopmentCo.,Ltd. | 69,605,908.37 | |||||
| E3info(Hainan)TechnologyCo.,Ltd. | 30,708,255.04 | |||||
| ShenzhenKangjiaJiapinIntelligentElectricalApparatusTechnologyCo.,Ltd. | 6,110,540.30 | |||||
| ShenzhenKONKAE-displayCo.,Ltd. | 82,911,640.17 | |||||
| ChongqingYuanlvBenpaoRealEstateCo.,Ltd. | 33,721,573.96 | |||||
Investee
| Investee | ChangeintheReportingPeriod | Closingbalance | Closingbalanceoftheprovisionforimpairment | |||
| Changesinotherequities | Cashdividendsorprofitsdeclaredtobedistributed | WithdrawalofimpairmentprovisionReserve | Others | |||
| ShenzhenKangpengDigitalTechnologyCo.,Ltd. | 2,287,081.82 | |||||
| YantaiKangtangConstructionDevelopmentCo.,Ltd. | 232,597.64 | |||||
| DongguanKangzhihuiElectronicsCo.,Ltd. | 24,024,143.70 | |||||
| SichuanHuayiJiakangTechnologyCo.,Ltd. | 121,403.90 | |||||
| ShenzhenAimijiakangTechnologyCo.,Ltd.(formerly:SichuanAimijiakangTechnologyCo.,Ltd.) | 1,257,901.16 | |||||
| BeijingKonkaJingyuanTechnologyCo.,Ltd. | 733,832.84 | |||||
| ChongqingLiangshanEnterpriseManagementCo.,Ltd. | 121,802.33 | |||||
| ShenzhenKangeneTechnologyInnovationDevelopmentCo.,Ltd. | 1,026,306.07 | |||||
| ShandongKangfeiIntelligentElectricalAppliancesCo.,Ltd. | 100,775.53 | |||||
| HenanKangfeiIntelligentElectricalAppliancesCo.,Ltd. | 1,805,725.62 | |||||
| GuangdongKangyuan | 10,968,020.37 | |||||
Investee
| Investee | ChangeintheReportingPeriod | Closingbalance | Closingbalanceoftheprovisionforimpairment | |||
| Changesinotherequities | Cashdividendsorprofitsdeclaredtobedistributed | WithdrawalofimpairmentprovisionReserve | Others | |||
| SemiconductorCo.,Ltd. | ||||||
| ChongqingKangyiqingTechnologyCo.,Ltd. | 810,708.89 | |||||
| ShenzhenKangyingSemiconductorTechnologyCo.,Ltd. | 6,512,410.00 | |||||
| WiseliteInternational(HK)Limited | 1,641,595.45 | |||||
| ChongqingKangjianOptoelectronicsTechnologyCo.,Ltd. | 10,693,032.21 | |||||
| AnhuiKangtaSupplyChainManagementCo.,Ltd. | 17,531,234.47 | |||||
| WuhanKangtangInformationTechnologyCo.,Ltd. | 25,696,229.81 | |||||
| SichuanChengruiRealEstateCo.,Ltd. | 36,732,466.47 | |||||
| KonkaIndustrialDevelopment(Wuhan)Co.,Ltd. | 43,290,693.00 | |||||
| HefeiKONSEMIStorageTechnologyCo.,Ltd. | 167,113,526.16 | |||||
| SichuanHongxinchenRealEstateDevelopmentCo.,Ltd. | 54,072,225.93 | |||||
| Total | 90,301,655.75 | 33,478,000.00 | -523,726,463.18 | 5,888,122,429.28 | 312,875,719.43 | |
14.Otherequityinstrumentinvestments
（
）Otherequityinstrumentinvestments
Item
| Item | Closingbalance | Openingbalance |
| ShenzhenTianyilianScience&TechnologyCo.,Ltd. | ||
| ShenzhenAdoptNetworkCo.,Ltd. | ||
| BeijingAoweiMutualEntertainmentTechnologyCo.,Ltd. | 5,901,121.80 | 5,901,121.80 |
| FeihongElectronicsCo.,Ltd. | ||
| ZAEFI | ||
| ShenzhenChuangceInvestmentDevelopmentCo.,Ltd. | ||
| ShanlianInformationTechnologyEngineeringCentre | 1,860,809.20 | 1,860,809.20 |
| ShenzhenCIUScience&TechnologyCo.,Ltd. | 953,000.00 | 953,000.00 |
| ShenzhenDigitalTVNationalEngineeringLaboratoryCo.,Ltd. | 7,726,405.16 | 7,726,405.16 |
| ShanghaiNationalEngineeringResearchCentreofDigitalTVCo.,Ltd. | 2,400,000.00 | 2,400,000.00 |
| BOHUAUHD | 5,000,001.00 | 5,000,001.00 |
| Total | 23,841,337.16 | 23,841,337.16 |
（
）Investmentinnon-tradingequityinstrumentsintheReportingPeriod
| Item | Dividendincomerecognisedthisyear | Accumulativegains | Accumulativelosses | Amountofothercomprehensiveincometransferredtoretainedearnings | Reasonforassigningtomeasureinfairvalueofwhichchangesincludedothercomprehensiveincome | Reasonforothercomprehensiveincometransferredtoretainedearnings |
| ShenzhenTianyilianScience&TechnologyCo.,Ltd. | 4,800,000.00 | Long-termholdingbased |
Item
| Item | Dividendincomerecognisedthisyear | Accumulativegains | Accumulativelosses | Amountofothercomprehensiveincometransferredtoretainedearnings | Reasonforassigningtomeasureinfairvalueofwhichchangesincludedothercomprehensiveincome | Reasonforothercomprehensiveincometransferredtoretainedearnings |
| onstrategicpurpose | ||||||
| ShenzhenAdoptNetworkCo.,Ltd. | 5,750,000.00 | Long-termholdingbasedonstrategicpurpose | ||||
| BeijingAoweiMutualEntertainmentTechnologyCo.,Ltd. | 98,878.20 | Long-termholdingbasedonstrategicpurpose | ||||
| FeihongElectronicsCo.,Ltd. | 1,300,000.00 | Long-termholdingbasedonstrategicpurpose | ||||
| ZAEFI | 100,000.00 | Long-termholdingbasedonstrategicpurpose | ||||
| ShenzhenChuangceInvestmentDevelopmentCo.,Ltd. | 485,000.00 | Long-termholdingbasedonstrategicpurpose | ||||
| ShanlianInformationTechnologyEngineeringCentre | 3,139,190.80 | Long-termholdingbasedonstrategicpurpose | ||||
| ShenzhenCIUScience&TechnologyCo.,Ltd. | 200,000.00 | Long-termholdingbasedonstrategicpurpose | ||||
| ShenzhenDigitalTVNationalEngineeringLaboratoryCo.,Ltd. | 1,273,594.84 | Long-termholdingbasedonstrategicpurpose | ||||
| ShanghaiNationalEngineeringResearchCentreofDigitalTVCo., | Long-termholdingbasedonstrategicpurpose |
Item
| Item | Dividendincomerecognisedthisyear | Accumulativegains | Accumulativelosses | Amountofothercomprehensiveincometransferredtoretainedearnings | Reasonforassigningtomeasureinfairvalueofwhichchangesincludedothercomprehensiveincome | Reasonforothercomprehensiveincometransferredtoretainedearnings |
| Ltd. | ||||||
| BOHUAUHD | Long-termholdingbasedonstrategicpurpose | |||||
| Total | 17,146,663.84 |
15.Othernon-currentfinancialassets
Item
| Item | Closingbalance | Openingbalance |
| ChinaAssetManagement-JiayiOverseasDesignatedPlan | 200,732,067.00 | 200,732,067.00 |
| TianjinHuachengPropertyDevelopmentCo.,Ltd. | 1,000,000.00 | 1,000,000.00 |
| TianjinPropertyNo.8EnterpriseManagementPartnership(LimitedPartnership) | 28,540,777.26 | 28,540,777.26 |
| CCBTrust-CaiDieNo.6PropertyRightsTrustScheme | 66,080,293.70 | 66,080,293.70 |
| DayeTrustCo.,Ltd. | 100,000,000.00 | 100,000,000.00 |
| YibinOCTSanjiangPropertiesCo.,Ltd. | 179,805,828.50 | 171,141,605.35 |
| YiliEcologicalRestorationCo.,Ltd. | 34,489,731.24 | 41,812,139.03 |
| KunshanXinjiaEmergingIndustryEquityInvestmentFundPartnership(LimitedPartnership) | 232,628,605.68 | 233,834,173.06 |
| TongxiangWuzhenJiayuDigitalEconomyIndustryEquityInvestmentPartnership(LimitedPartnership) | 200,810,700.41 | 195,312,419.69 |
| YibinKanghuiElectronicInformationIndustryEquityInvestmentPartnership(LimitedPartnership) | 60,880,333.86 | 67,706,235.45 |
| ChuzhouJiachenInformationTechnologyConsultingServicePartnership(LimitedPartnership) | 59,700,013.59 | 59,700,013.59 |
| YanchengKangyanInformationIndustryInvestmentPartnership(LimitedPartnership) | 167,287,646.77 | 167,230,693.52 |
| ChongqingKangxinEquityInvestmentFundLimitedPartnership(LimitedPartnership) | 146,077,069.28 | 146,160,043.51 |
| ShenzhenKanghuijiaTechnologyCo.,Ltd. | 10,137.30 | 10,137.30 |
| Subtotalofequityinvestments | 1,478,043,204.59 | 1,479,260,598.46 |
| ChuzhouHuikeSmartHouseholdAppliancesIndustryInvestmentPartnership(LimitedPartnership) | 101,032,880.10 | 626,244,139.25 |
| NingboYuanqingNo.9InvestmentPartnership | 148,855,198.11 | 148,855,198.11 |
| ShenzhenBeihuTechnologyPartnership(LimitedPartnership) | 58,000,000.00 | 58,000,000.00 |
| ShanxiKangmengrongEnterpriseManagementConsultingPartnership(LimitedPartnership) | 9,163,411.30 | 9,163,411.30 |
| NanjingKangfengDejiaAssetManagementPartnership(LimitedPartnership) | 100,000,000.00 | 100,000,000.00 |
| ShenzhenGaohongEnterpriseConsultingManagementPartnership(LimitedPartnership) | 103,690,684.93 | 100,000,000.00 |
| ShenzhenZitangNo.1EnterpriseConsultingManagementPartnership(LimitedPartnership) | 99,000,000.00 | 100,386,000.00 |
| Xi'anBihuijiaEnterpriseManagementConsultingPartnership(LimitedPartnership) | 15,785,194.99 | 17,752,926.20 |
| Subtotalofdebtinvestments | 635,527,369.43 | 1,160,401,674.86 |
Item
| Item | Closingbalance | Openingbalance |
| Total | 2,113,570,574.02 | 2,639,662,273.32 |
16.Investmentproperty
（1）Investmentpropertiesmeasuredatcost
| Item | Landuseright | Propertiesandbuildings | Total |
| I.Originalcarryingvalue | |||
| 1.Openingbalance | 46,121,506.92 | 873,265,339.70 | 919,386,846.62 |
| 2.IncreaseintheReportingPeriod | 44,819,750.13 | 593,074,164.96 | 637,893,915.09 |
| (1)Externalpurchase | |||
| (2)Fixedassets\constructioninprogress\transferofintangibleassets | 44,819,750.13 | 593,074,164.96 | 637,893,915.09 |
| 3.DecreaseintheReportingPeriod | 15,171.30 | 15,171.30 | |
| (1)Disposal | 15,171.30 | 15,171.30 | |
| (2)Othertransferout | |||
| 4.Closingbalance | 90,941,257.05 | 1,466,324,333.36 | 1,557,265,590.41 |
| II.Theaccumulativedepreciationandaccumulativeamortisation | |||
| 1.Openingbalance | 8,602,890.38 | 108,376,111.64 | 116,979,002.02 |
| 2.IncreaseintheReportingPeriod | 11,759,541.86 | 16,329,248.90 | 28,088,790.76 |
| (1)Provisionoramortisation | 11,759,541.86 | 16,329,248.90 | 28,088,790.76 |
| 3.DecreaseintheReportingPeriod | 3,897.13 | 3,897.13 | |
| (1)Disposal | 3,897.13 | 3,897.13 | |
| (2)Othertransferout | |||
| 4.Closingbalance | 20,362,432.24 | 124,701,463.41 | 145,063,895.65 |
| III.Provisionforimpairment | |||
| 1.Openingbalance |
Item
| Item | Landuseright | Propertiesandbuildings | Total |
| 2.IncreaseintheReportingPeriod | |||
| (1)Provision | |||
| 3.DecreaseintheReportingPeriod | |||
| (1)Disposal | |||
| (2)Othertransferout | |||
| 4.Closingbalance | |||
| IV.Carryingvalue | |||
| 1.Closingcarryingvalue | 70,578,824.81 | 1,341,622,869.95 | 1,412,201,694.76 |
| 2.Openingcarryingvalue | 37,518,616.54 | 764,889,228.06 | 802,407,844.60 |
(2)Investmentpropertiesmeasuredatfairvalue
TherewasnoinvestmentpropertiesmeasuredatfairvalueoftheCompany.
(3)Investmentpropertiesintheprocessoftitlecertificatehandling
| Item | Carryingvalue | Reasonthatthecertificateoftitlewasnotcompleted |
| KonkaStandardElectronicProductPlantsProjectinSunning | 262,318,214.53 | Settlementoftheprojectisunderway,andthecertificatecanbehandledonlyafterthesettlement |
| Total | 262,318,214.53 |
(4)Investmentpropertieswithrestrictedownershiporuserights
| Item | Carryingvalue | Reasonsfortherestriction |
| Tower1ofKonkaGuangmingTechnologyCenter(PhaseI) | 101,798,700.19 | Ascollateralforloan |
| Total | 101,798,700.19 |
17.Fixedassets
| Item | Closingcarryingvalue | Openingcarryingvalue |
| Fixedassets | 4,021,128,223.39 | 4,114,029,693.38 |
| Liquidationoffixedassets | ||
| Total | 4,021,128,223.39 | 4,114,029,693.38 |
（
）Fixedassets
Item
| Item | Propertiesandbuildings | Machineryandequipment | Electronicequipment | Transportequipment | Otherequipment | Total |
| I.Originalcarryingvalue | ||||||
| 1.Openingbalance | 2,860,293,710.15 | 3,103,345,131.12 | 302,309,738.49 | 59,879,173.09 | 186,025,451.11 | 6,511,853,203.96 |
| 2.Increasedamountoftheperiod | 17,093,650.47 | 78,602,521.68 | 13,399,791.51 | 696,486.57 | 2,345,289.89 | 112,137,740.12 |
| (1)Purchase | 737,833.56 | 70,361,885.25 | 10,413,390.40 | 696,486.57 | 2,320,688.11 | 84,530,283.89 |
| (2)Transfer-inofconstructioninprogress | 16,355,816.91 | 8,229,911.50 | 2,895,079.35 | 24,601.78 | 27,505,409.54 | |
| (3)Increasethroughconsolidation | ||||||
| (4)Othertransfer-in | 10,724.93 | 91,321.76 | 102,046.69 | |||
| 3.Decreasedamountoftheperiod | 12,174,081.35 | 23,220,251.48 | 13,061,482.92 | 1,695,052.22 | 1,293,362.43 | 51,444,230.40 |
| (1)Disposalorwrite-off | 78,890.76 | 22,971,062.12 | 13,061,482.92 | 1,378,087.77 | 1,029,221.71 | 38,518,745.28 |
| (2)Decreaseforlossofcontrollingright | ||||||
| (3)Otherdecreases | 12,095,190.59 | 249,189.36 | 316,964.45 | 264,140.72 | 12,925,485.12 | |
| 4.Endingbalance | 2,865,213,279.27 | 3,158,727,401.32 | 302,648,047.08 | 58,880,607.44 | 187,077,378.57 | 6,572,546,713.68 |
| II.Accumulateddepreciation | ||||||
| 1.Openingbalance | 673,384,702.71 | 1,258,513,887.86 | 201,688,344.85 | 42,829,692.30 | 114,585,141.99 | 2,291,001,769.71 |
Item
| Item | Propertiesandbuildings | Machineryandequipment | Electronicequipment | Transportequipment | Otherequipment | Total |
| 2.Increasedamountoftheperiod | 41,189,192.38 | 125,682,629.90 | 12,632,971.50 | 2,271,500.06 | 7,437,906.27 | 189,214,200.11 |
| (1)Provision | 41,189,192.38 | 125,682,629.90 | 12,605,623.17 | 2,271,060.28 | 7,437,906.27 | 189,186,412.00 |
| (2)Increasethroughconsolidation | ||||||
| (3)Otherincrease | 27,348.33 | 439.78 | 27,788.11 | |||
| 3.Decreasedamountoftheperiod | 21,741.20 | 16,614,229.86 | 11,811,369.32 | 1,575,541.36 | 1,094,457.84 | 31,117,339.58 |
| (1)Disposalorwrite-off | 21,741.20 | 16,339,565.32 | 11,811,369.32 | 1,357,208.24 | 921,706.47 | 30,451,590.55 |
| (2)Decreaseforlossofcontrollingright | ||||||
| (3)Otherdecreases | 274,664.54 | 218,333.12 | 172,751.37 | 665,749.03 | ||
| 4.Endingbalance | 714,552,153.89 | 1,367,582,287.90 | 202,509,947.03 | 43,525,651.00 | 120,928,590.42 | 2,449,098,630.24 |
| III.Provisionforimpairment | ||||||
| 1.Openingbalance | 23,987,527.51 | 75,533,448.92 | 1,351,990.45 | 827,482.72 | 5,121,291.27 | 106,821,740.87 |
| 2.Increasedamountoftheperiod | 223.01 | 19,728.84 | 19,951.85 | |||
| (1)Provision | 223.01 | 19,728.84 | 19,951.85 | |||
| 3.Decreasedamountoftheperiod | 4,473,816.19 | 36,578.16 | 182.58 | 11,255.74 | 4,521,832.67 | |
| (1)Disposalorwrite-off | 4,473,816.19 | 16,849.32 | 182.58 | 11,255.74 | 4,502,103.83 |
Item
| Item | Propertiesandbuildings | Machineryandequipment | Electronicequipment | Transportequipment | Otherequipment | Total |
| (2)Otherdecrease | 19,728.84 | 19,728.84 | ||||
| 4.Endingbalance | 23,987,527.51 | 71,059,855.74 | 1,315,412.29 | 827,300.14 | 5,129,764.37 | 102,319,860.05 |
| IV.Carryingvalue | ||||||
| 1.Endingcarryingvalue | 2,126,673,597.87 | 1,720,085,257.68 | 98,822,687.76 | 14,527,656.30 | 61,019,023.78 | 4,021,128,223.39 |
| 2.Openingcarryingvalue | 2,162,921,479.93 | 1,769,297,794.34 | 99,269,403.19 | 16,221,998.07 | 66,319,017.85 | 4,114,029,693.38 |
（2）Listoftemporarilyidlefixedassets
Item
| Item | Originalcarryingvalue | Accumulateddepreciation | Provisionforimpairment | Carryingvalue |
| Machineryandequipment | 824,823,845.49 | 372,859,046.34 | 58,181,788.74 | 393,783,010.41 |
| Electronicequipment | 10,365,732.04 | 8,155,615.63 | 57,874.03 | 2,152,242.38 |
| Transportequipment | 3,673,189.64 | 3,365,811.65 | 307,377.99 | |
| Propertiesandbuildings | 266,352,257.20 | 135,135,305.00 | 7,899,900.07 | 123,317,052.13 |
| Otherequipment | 1,799,875.89 | 901,797.73 | 46,523.56 | 851,554.60 |
| Total | 1,107,014,900.26 | 520,417,576.35 | 66,186,086.40 | 520,411,237.51 |
（3）Fixedassetsleasedoutthroughoperatingleases
| Item | Closingcarryingvalue |
| Electronicequipment | 246,282.58 |
| Machineryandequipment | 25,553,563.94 |
| Otherequipment | 442,665.13 |
| Transportequipment | 299.03 |
| Total | 26,242,810.68 |
（4）Detailsoffixedassetsfailedtoaccomplishcertificationofproperty
| Item | Originalcarryingvalue | Accumulateddepreciation | Provisionforimpairment | Netbookvalue | Reasonthatthecertificateoftitlewasnotcompleted |
| Ankang'splants | 602,674,461.92 | 26,307,073.35 | 576,367,388.57 | Beinghandled | |
| Bokang'sphaseIIplantsonthesecondandthirdfloorsforprintedboards | 33,616,122.84 | 2,519,102.25 | 31,097,020.59 | Beinghandled | |
| JingyuanBuildingproperty | 7,700,000.00 | 4,157,986.63 | 3,542,013.37 | Beinghandled | |
| Yikang | 76,610,752.33 | 41,214,156.47 | 35,396,59 | Being |
Item
| Item | Originalcarryingvalue | Accumulateddepreciation | Provisionforimpairment | Netbookvalue | Reasonthatthecertificateoftitlewasnotcompleted |
| Buildingproperty | 5.86 | handled | |||
| BuildingsandconstructionsofChongqingKonka | 453,857,134.27 | 5,485,450.94 | 448,371,683.33 | Beinghandled | |
| Total | 1,174,458,471.36 | 79,683,769.64 | 1,094,774,701.72 |
(5)Fixedassetswithrestrictedownershiporuseright
| Item | Closingcarryingvalue | Reasonsfortherestriction |
| HousingandbuildingsofAnhuiTongchuang | 142,712,112.61 | Mortgageloan |
| MachineryequipmentofJiangxiKonka | 13,378,706.66 | Financeleasemortgage |
| MachineryequipmentofXinfengMicrocrystalline | 36,487,041.12 | Financeleasemortgage |
| HousingandbuildingsofFrestecRefrigeration | 83,749,203.78 | Financeleasemortgage |
| BuildingsofKonkaGroup | 73,963,459.56 | Mortgageloan |
| HousingandbuildingsofXingDaHongYe | 36,142,004.46 | Mortgageloan,financeleasemortgage |
| AnhuiKonka'sbuildings | 607,509,925.08 | Mortgageloan |
| MachineryequipmentofXingdaHongye | 9,487,826.36 | Financeleasemortgage |
| MachineryequipmentofBoluoKonkaPrecision | 10,040,946.29 | Financeleasemortgage |
| HousingandbuildingsofJiangxiKonka | 2,733,931.24 | Ascollateralforguaranteewhenasshareholder |
| HousingandbuildingsofJiangsuKonkaIntelligent | 36,798,337.13 | Mortgageloan |
| HousingandbuildingsofChongqingKonka | 340,452,555.35 | Mortgageloan |
| Total | 1,393,456,049.65 |
18.Constructioninprogress
（
）Constructioninprogress
Item
| Item | Closingbalance | Openingbalance | ||||
| Bookbalance | Provisionforimpairment | Carryingvalue | Bookbalance | Provisionforimpairment | Carryingvalue | |
| ChongqingKonkaSemiconductorOptoelectronicsParkProject | 646,716.96 | 646,716.96 | 197,885,487.81 | 197,885,487.81 | ||
| GuangmingProject | 466,051,847.89 | 466,051,847.89 | ||||
| JiangxiHigh-permeabilityCrystalizationKiln | 246,576,748.57 | 20,063,348.57 | 226,513,400.00 | 246,576,748.57 | 20,068,730.37 | 226,508,018.20 |
| DongguanKonkaNewIndustrialPark | 426,653,039.42 | 426,653,039.42 | 398,018,288.30 | 398,018,288.30 | ||
| ConstructionofSuiningElectronicIndustrialParkWorkshops | 229,461,268.53 | 229,461,268.53 | 221,981,375.38 | 221,981,375.38 | ||
| FrestecSmartHomeAppliancesPark | 187,025,745.30 | 187,025,745.30 | 113,146,458.03 | 113,146,458.03 | ||
| Otherprojects | 468,950,870.45 | 43,191,700.46 | 425,759,169.99 | 410,734,273.00 | 43,964,371.54 | 366,769,901.46 |
| Total | 1,559,314,389.23 | 63,255,049.03 | 1,496,059,340.20 | 2,054,394,478.98 | 64,033,101.91 | 1,990,361,377.07 |
（2）ChangesinmajorprojectsunderconstructionintheReportingPeriod
| Nameofitem | Openingbalance | IncreaseintheReportingPeriod | DecreaseintheReportingPeriod | Closingbalance |
Transferredtolong-
termassets
| Transferredtolong-termassets | Otherdecreases | ||||
| ChongqingKonkaSemiconductorOptoelectronicsParkProject | 197,885,487.81 | 1,298,004.56 | 198,536,775.41 | 646,716.96 | |
| GuangmingProject | 466,051,847.89 | 6,504,273.24 | 472,556,121.13 | ||
| JiangxiHigh-permeabilityCrystalizationKiln | 246,576,748.57 | 246,576,748.57 | |||
| DongguanKonkaNewIndustrialPark | 398,018,288.30 | 28,634,751.12 | 426,653,039.42 | ||
| ConstructionofSuiningElectronicIndustrialParkWorkshops | 221,981,375.38 | 7,585,264.27 | 105,371.12 | 229,461,268.53 | |
| FrestecSmartHomeAppliancesPark | 113,146,458.03 | 73,879,287.27 | 187,025,745.30 | ||
| Total | 1,643,660,205.98 | 117,901,580.46 | 671,092,896.54 | 105,371.12 | 1,090,363,518.78 |
(Continued)
| Nameofitem | Estimatednumber(RMB100million) | Proportionestimatedoftheprojectaccumulativeinput(%) | EngineeringSchedule(%) | Accumulatedamountofinterestcapitalisation | Including:AmountofinterestcapitalisationintheReportingPeriod | Capitalisationrateoftheinterestsoftheperiod(%) | Sourceoffund |
| ChongqingKonkaSemiconductorOptoelectronicsParkProject | 7.57 | 95.00 | 95.00 | 32,272.52 | 32,272.52 | Self-ownedfundandbankfinancing | |
| GuangmingProject | 5.2 | 100.00 | 100.00 | 24,439,935.19 | 2,111,837.68 | 1.43 | Self-ownedfundandprojectloans |
Nameofitem
| Nameofitem | Estimatednumber(RMB100million) | Proportionestimatedoftheprojectaccumulativeinput(%) | EngineeringSchedule(%) | Accumulatedamountofinterestcapitalisation | Including:AmountofinterestcapitalisationintheReportingPeriod | Capitalisationrateoftheinterestsoftheperiod(%) | Sourceoffund |
| JiangxiHigh-permeabilityCrystalizationKiln | 3.4 | 72.52 | 72.52 | 32,249,994.16 | Self-ownedfundandbankfinancing | ||
| DongguanKonkaNewIndustrialPark | 5.97 | 71.47 | 71.47 | 22,693,029.73 | 7,426,357.70 | 4.23 | Self-ownedfundandbankfinancing |
| ConstructionofSuiningElectronicIndustrialParkWorkshops | 7.34 | 59.74 | 59.74 | Self-ownedfund | |||
| FrestecSmartHomeAppliancesPark | 4.88 | 38.32 | 38.32 | 308,750.00 | 226,250.00 | 4.50 | Self-ownedfundandbankfinancing |
| Total | 79,723,981.60 | 9,796,717.90 |
19.Right-of-useassets
Item
| Item | Propertiesandbuildings | Electronicequipment | Transportequipment | Total |
| I.Originalcarryingvalue | ||||
| 1.Openingbalance | 105,879,545.84 | 243,493.34 | 106,123,039.18 | |
| 2.IncreaseintheReportingPeriod | 1,993,337.34 | 1,993,337.34 | ||
| (1)Rent | 1,771,436.60 | 1,771,436.60 | ||
| (2)Others | 221,900.74 | 221,900.74 | ||
| 3.DecreaseintheReportingPeriod | 16,937,812.60 | 16,937,812.60 | ||
| (1)Decreaseforlossofcontrollingright | ||||
| (2)Others | 16,937,812.60 | 16,937,812.60 | ||
| 4.Closingbalance | 90,935,070.58 | 243,493.34 | 91,178,563.92 | |
| II.Accumulateddepreciation | ||||
| 1.Openingbalance | 56,047,009.73 | 56,190.77 | 56,103,200.50 | |
| 2.IncreaseintheReportingPeriod | 11,720,071.18 | 28,095.39 | 11,748,166.57 | |
| (1)Provision | 11,720,071.18 | 28,095.39 | 11,748,166.57 | |
| (2)Others | ||||
| 3.DecreaseintheReportingPeriod | 10,160,601.40 | 10,160,601.40 | ||
| (1)Decreaseforlossofcontrollingright | ||||
| (2)Others | 10,160,601.40 | 10,160,601.40 | ||
| 4.Closingbalance | 57,606,479.51 | 84,286.16 | 57,690,765.67 | |
| III.Provisionforimpairment | ||||
| 1.Openingbalance | ||||
| 2.IncreaseintheReportingPeriod | ||||
| (1)Provision | ||||
| 3.DecreaseintheReportingPeriod | ||||
| (1)Disposal | ||||
| 4.Closingbalance | ||||
| IV.Carryingvalue |
Item
| Item | Propertiesandbuildings | Electronicequipment | Transportequipment | Total |
| 1.Closingcarryingvalue | 33,328,591.07 | 159,207.18 | 33,487,798.25 | |
| 2.Openingcarryingvalue | 49,832,536.11 | 187,302.57 | 50,019,838.68 |
20.Intangibleassets
（
）Listofintangibleassets
Item
| Item | Landuseright | Intellectualproperty | Total | ||||
| Trademarkright | Patentandknow-how | Franchiserights | Righttousesoftwareandothers | Subtotal | |||
| I.Originalcarryingvalue | |||||||
| 1.Openingbalance | 920,331,792.11 | 72,197,456.33 | 116,715,865.54 | 168,553,796.14 | 166,134,944.42 | 523,602,062.43 | 1,443,933,854.54 |
| 2.Increasedamountoftheperiod | 12,707,974.60 | 3,923,438.71 | 16,631,413.31 | 16,631,413.31 | |||
| (1)Purchase | 3,923,438.71 | 3,923,438.71 | 3,923,438.71 | ||||
| (2)Transfer-inofconstructioninprogress | 12,707,974.60 | 12,707,974.60 | 12,707,974.60 | ||||
| (3)TransferfromR&D | |||||||
| (4)Increasethroughconsolidation | |||||||
| (5)Otherreasons | |||||||
| 3.Decreased | 44,819,750.13 | 18,240.10 | 162,365.17 | 180,605.27 | 45,000,355.40 | ||
Item
| Item | Landuseright | Intellectualproperty | Total | ||||
| Trademarkright | Patentandknow-how | Franchiserights | Righttousesoftwareandothers | Subtotal | |||
| amountoftheperiod | |||||||
| (1)Disposal | |||||||
| (2)Decreaseforlossofcontrollingright | |||||||
| (3)Decreaseforotherreasons | 44,819,750.13 | 18,240.10 | 162,365.17 | 180,605.27 | 45,000,355.40 | ||
| 4.Endingbalance | 875,512,041.98 | 72,197,456.33 | 116,697,625.44 | 181,261,770.74 | 169,896,017.96 | 540,052,870.47 | 1,415,564,912.45 |
| II.Accumulatedamortisation | |||||||
| 1.Openingbalance | 99,146,643.20 | 19,252,110.49 | 71,318,420.60 | 1,560,683.29 | 90,172,768.07 | 182,303,982.45 | 281,450,625.65 |
| 2.Increasedamountoftheperiod | 11,057,240.93 | 2,081,758.04 | 5,007,931.48 | 7,981,651.40 | 15,071,340.92 | 26,128,581.85 | |
| (1)Provision | 11,057,240.93 | 2,081,758.04 | 5,007,931.48 | 7,981,651.40 | 15,071,340.92 | 26,128,581.85 | |
| (2)Otherincreases | |||||||
| 3.Decreased | 10,826,630.74 | 18,240.10 | 30,949.24 | 49,189.34 | 10,875,820.08 | ||
Item
| Item | Landuseright | Intellectualproperty | Total | ||||
| Trademarkright | Patentandknow-how | Franchiserights | Righttousesoftwareandothers | Subtotal | |||
| amountoftheperiod | |||||||
| (1)Disposal | |||||||
| (2)Decreaseforlossofcontrollingright | |||||||
| (3)Decreaseforotherreasons | 10,826,630.74 | 18,240.10 | 30,949.24 | 49,189.34 | 10,875,820.08 | ||
| 4.Endingbalance | 99,377,253.39 | 21,333,868.53 | 71,300,180.50 | 6,568,614.77 | 98,123,470.23 | 197,326,134.03 | 296,703,387.42 |
| III.Provisionforimpairment | |||||||
| 1.Openingbalance | 564,705.88 | 44,943,521.62 | 235,294.12 | 45,743,521.62 | 45,743,521.62 | ||
| 2.Increasedamountoftheperiod | |||||||
| (1)Provision | |||||||
| (2)Increaseinbusinesscombinations | |||||||
Item
| Item | Landuseright | Intellectualproperty | Total | ||||
| Trademarkright | Patentandknow-how | Franchiserights | Righttousesoftwareandothers | Subtotal | |||
| 3.Decreasedamountoftheperiod | |||||||
| (1)Disposal | |||||||
| (2)Decreaseforlossofcontrollingright | |||||||
| 4.Endingbalance | 564,705.88 | 44,943,521.62 | 235,294.12 | 45,743,521.62 | 45,743,521.62 | ||
| IV.Carryingvalue | |||||||
| 1.Endingcarryingvalue | 776,134,788.59 | 50,298,881.92 | 453,923.32 | 174,693,155.97 | 71,537,253.61 | 296,983,214.82 | 1,073,118,003.41 |
| 2.Openingcarryingvalue | 821,185,148.91 | 52,380,639.96 | 453,923.32 | 166,993,112.85 | 75,726,882.23 | 295,554,558.36 | 1,116,739,707.27 |
（2）Landuserightwithcertificateoftitleuncompleted
Item
| Item | Carryingvalue | Reasonthatthecertificateoftitlewasnotcompleted |
| LanduserightofthesubsidiaryNano-Grystallization | 4,961,301.96 | Beinghandled |
（
）Significantintangibleassets
| Item | Closingcarryingvalue | Remainingamortisationperiod(year) |
| LandusagerightofDongguanKonka | 187,867,124.67 | 46.17 |
| LandusagerightofFrestecSmartHomeTechnology | 91,233,386.84 | 47.25 |
| LandusagerightofFrestecRefrigeration | 64,815,067.18 | 33.25 |
| ConcessionsofYibinKonka | 175,146,657.02 | 17.33 |
| LanduserightofKonkaHuanjia | 62,498,176.16 | 46.00 |
（4）Intangibleassetswithrestrictedownershiporusingright
| Item | Closingcarryingvalue | Reasonsfortherestriction |
| LanduserightofDongguanKonka | 187,867,124.67 | Mortgageloan |
| LanduserightofAnhuiKonka | 54,473,796.00 | Mortgageloan |
| LandusagerightofFrestecRefrigeration | 64,815,067.18 | Ascollateralforfinancelease |
| LandusagerightofFrestecSmartHomeTechnology | 91,233,386.84 | Mortgageloan |
| LanduserightofKonkaTongchuang | 17,700,070.99 | Mortgageloan |
| LanduserightofJiangsuKonka | 13,982,363.30 | Mortgageloan |
| LandusagerightofXingDaHongYe | 13,346,838.13 | Mortgageloan |
| LandusagerightofJiangxiKonka | 12,255,316.97 | Originalshareholderguaranteemortgage |
| LanduserightofKonkaGuangming | 5,344,167.42 | Mortgageloan |
| LanduserightofChongqingKonka | 45,073,685.19 | Mortgageloan |
| Total | 506,091,816.68 |
21.DevelopmentexpensesTherewerenodevelopmentexpensesattheendoftheReportingPeriod.
22.Goodwill
（1）Originalcarryingvalueofgoodwill
Investee
| Investee | Openingbalance | IncreaseintheReportingPeriod | DecreaseintheReportingPeriod | Closingbalance | ||
| Formedthroughbusinesscombinations | Others | Disposal | Others | |||
| JiangxiKonka | 340,111,933.01 | 340,111,933.01 | ||||
| XingDaHongYe | 44,156,682.25 | 44,156,682.25 | ||||
| Total | 384,268,615.26 | 384,268,615.26 | ||||
（2）Provisionforgoodwillimpairment
| Investee | Openingbalance | IncreaseintheReportingPeriod | DecreaseintheReportingPeriod | Closingbalance | ||
| Provision | Others | Disposal | Others | |||
| JiangxiKonka | 340,111,933.01 | 340,111,933.01 | ||||
| XingDaHongYe | 21,959,947.14 | 21,959,947.14 | ||||
| Total | 362,071,880.15 | 362,071,880.15 | ||||
（3）InformationontheassetgrouporthecombinationofassetgroupsofthegoodwillTheassetgrouporcombinationofassetgroupsinwhichthegoodwillislocatedisthecompositionofallmainbusinessoperatingtangibleassetsandidentifiableintangibleassets(excludingworkingcapitalandnon-operatingassets)reflectedinthebalancesheetofthecorrespondingsubsidiaryandrelatedtogoodwillAssetgroup.Asof30June2023,therewerenospecificsignsofimpairmentduringthereportingperiod,andnoprovisionforimpairmentwasrequired.
23.Long-termprepaidexpense
| Item | Openingbalance | IncreaseintheReportingPeriod | AmortisationintheReportingPeriod | Otherdecreasedamount | Closingbalance |
| Decorationexpenses | 263,367,218.24 | 134,516,167.24 | 33,594,230.18 | 174,102.43 | 364,115,052.87 |
| Shoppeexpense | 18,787,080.49 | 11,228,271.92 | 10,138,894.42 | 89,761.11 | 19,786,696.88 |
| Others | 105,155,204.34 | 29,976,322.80 | 19,215,146.82 | 106,194.70 | 115,810,185.62 |
Item
| Item | Openingbalance | IncreaseintheReportingPeriod | AmortisationintheReportingPeriod | Otherdecreasedamount | Closingbalance |
| Total | 387,309,503.07 | 175,720,761.96 | 62,948,271.42 | 370,058.24 | 499,711,935.37 |
24.Deferredincometaxassets/deferredincometaxliabilities
（
）Deferredtaxassetsthathavenotbeenoffset
| Item | Closingbalance | Openingbalance | ||
| Deductibletemporarydifferences | DeferredtaxAssets | Deductibletemporarydifferences | DeferredtaxAssets | |
| Deductiblelosses | 4,098,631,230.28 | 848,280,716.81 | 3,446,211,696.71 | 710,037,893.08 |
| Provisionforassetimpairment | 1,701,969,895.32 | 374,586,824.01 | 1,665,450,141.63 | 364,146,193.07 |
| Deferredrevenue | 117,990,955.16 | 29,205,238.79 | 90,355,036.00 | 22,296,259.01 |
| Accruedexpenses | 278,506,825.93 | 59,960,993.91 | 208,346,464.01 | 49,058,992.22 |
| Unrealisedinternalsalesprofits | 37,964,452.00 | 9,491,113.00 | 62,006,060.41 | 15,501,515.10 |
| Others | 150,433,381.08 | 35,004,869.54 | 192,042,399.09 | 40,620,988.75 |
| Total | 6,385,496,739.77 | 1,356,529,756.06 | 5,664,411,797.85 | 1,201,661,841.23 |
（
）Deferredtaxliabilitiesthathavenotbeenoffset
| Item | Closingbalance | Openingbalance | ||
| Taxabletemporarydifferences | Deferredtaxliabilities | Taxabletemporarydifferences | Deferredtaxliabilities | |
| Estimatedaddedvalueofassetsnotunderthesamecontrol | 176,116,420.43 | 37,688,081.44 | 193,084,308.55 | 41,509,033.61 |
| Prepaidinterest | 53,353,541.64 | 13,338,385.41 | 46,965,768.40 | 11,741,442.10 |
| Accelerateddepreciationoffixedassets | 40,552,515.38 | 9,987,203.85 | 4,406,228.55 | 1,376,446.54 |
| Financialassetsatfairvaluethroughprofitorloss | 461,426,619.30 | 115,356,654.83 | 98,900,582.49 | 24,725,145.63 |
| Others | 136,243,885.68 | 33,578,141.66 | 92,458,572.57 | 19,678,578.52 |
| Total | 867,692,982.43 | 209,948,467.19 | 435,815,460.56 | 99,030,646.40 |
（3）Breakdownofunrecogniseddeferredtaxassets
Item
| Item | Closingbalance | Openingbalance |
| Deductiblelosses | 2,098,966,791.56 | 2,114,844,242.75 |
| Deductibletemporarydifferences | 2,554,384,865.59 | 2,967,427,358.07 |
| Total | 4,653,351,657.15 | 5,082,271,600.82 |
（
）Deductiblelossesofunrecogniseddeferredtaxassetsmatured/willmatureinthefollowingyear
| Year | Closingbalance | Openingbalance | Notes |
| 2023 | 128,930,652.40 | 134,203,193.22 | |
| 2024 | 27,800,217.79 | 92,292,924.99 | |
| 2025 | 87,209,765.43 | 136,655,028.18 | |
| 2026 | 174,626,635.88 | 263,654,830.43 | |
| 2027 | 340,755,561.77 | 1,488,038,265.93 | |
| 2028andfollowingyears | 1,339,643,958.29 | ||
| Total | 2,098,966,791.56 | 2,114,844,242.75 |
25.Othernon-currentassets
| Item | Closingbalance | ||
| Bookbalance | Provisionforimpairment | Carryingvalue | |
| Prepaymentforland-purchase | 1,031,630,446.98 | 1,031,630,446.98 | |
| Prepaymentforconstruction,equipmentandotherlong-termassets | 262,170,619.82 | 262,170,619.82 | |
| Total | 1,293,801,066.80 | 1,293,801,066.80 | |
(Continued)
| Item | Openingbalance | ||
| Bookbalance | Provisionforimpairment | Carryingvalue | |
| Prepaymentforland-purchase | 1,459,111,732.63 | 1,459,111,732.63 | |
| Prepaymentforconstruction,equipmentandotherlong-termassets | 251,133,645.63 | 251,133,645.63 | |
Item
| Item | Openingbalance | ||
| Bookbalance | Provisionforimpairment | Carryingvalue | |
| Total | 1,710,245,378.26 | 1,710,245,378.26 | |
26.Short-termloans
（1）Classificationofshort-termloans
| Typeofborrowings | Closingbalance | Openingbalance | Notes |
| Unsecuredloan | 4,837,751,882.14 | 5,252,631,775.26 | |
| Guaranteedloan | 1,617,632,258.71 | 1,953,423,601.39 | ①②③④ |
| Mortgageloan | 324,461,605.28 | 373,503,928.32 | ⑤⑥⑦⑧ |
| Total | 6,779,845,746.13 | 7,579,559,304.97 |
①TheCompanyprovidesjointandseveralliabilityguaranteefortheshort-termborrowingstotalingRMB1,052,003,230.90toitssubsidiariesAnhuiKonka,DongguanKonka,YibinSmart,AnhuiTongchuang,BoluoPrecision,JiangxiKonka,JiangxiHigh-permeabilitySubstrate,XinfengMicrocrystalline,LiaoyangKangshunandKonkaXinyun.
②TheCompanyhasobtainedshort-termborrowingsamountingtoRMB510,570,138.89fromShenzhenChegongmiaoSub-branchofChinaEverbrightBankCo.,Ltd.,forwhichtheCompany'ssubsidiaryElectronicsTechnologyprovidesjointandseveralliabilityguaranteeatthemaximumamount.
③TheCompany'ssubsidiaryKonkaVentureshasobtainedshort-termborrowingsamountingtoRMB4,850,000.00fromShenzhenSub-branchofBankofHangzhouCo.,Ltd.,forwhichShenzhenQianhaiDatangTechnologyCo.,Ltd.providesguarantee.
④TheCompany'ssubsidiaryNingboKhrElectricApplianceCo.,Ltd.hasobtainedshort-termborrowingsamountingtoRMB50,208,888.92fromCixiGuanchengBranchofBankofChinaLimited,forwhichtheCompanyandKoreaElectricGroupCo.,Ltd.providejointandseveralliabilityguaranteeataratioof3:2.
⑤TheCompany'ssubsidiaryAnhuiKonkahasobtainedshort-termborrowingsamountingtoRMB120,854,386.40fromChuzhouBranchofBankofChinaLimited,forwhichitprovideslanduserightsofacarryingvalueofRMB36,265,753.33andhousesandbuildingsofacarryingvalueofRMB419,389,308.53asmortgage.
⑥TheCompany'ssubsidiaryJiangsuKonkaSmarthasobtainedshort-termborrowingsamountingtoRMB30,189,125.00fromChangzhouBranchofZheShangBankCo.,Ltd.,forwhichitprovidesbuildingsofacarryingvalueofRMB36,798,337.13andlanduserightsofRMB13,982,363.30as
mortgage.
⑦TheCompany'ssubsidiaryXingDaHongYehasobtainedshort-termborrowingsamountingtoRMB94,106,816.10fromZhongshanFushaSub-branchofZhongshanRuralCommercialBank,forwhichitprovideslanduserightsofacarryingvalueofRMB13,346,838.13andbuildingsofacarryingvalueofRMB32,508,579.22asmortgageandcertificatesoftimedepositofRMB19,800,000.00aspledgeandHuZehongprovidesjointandseveralliabilityguarantee.
⑧TheCompany'ssubsidiaryAnhuiTongchuanghasobtainedshort-termborrowingsamountingtoRMB79,311,277.78fromHefeiBranchofZheShangBankCo.,Ltd.,forwhichitprovidesbuildingsofacarryingvalueofRMB142,712,112.61andlanduserightsofRMB17,700,070.99asmortgage.
(2)OutstandingShort-termborrowingsoverdueTherewerenooutstandingshort-termborrowingsoverdueattheendoftheReportingPeriod.
27.Notespayable
Typeofnote
| Typeofnote | Closingbalance | Openingbalance |
| Banker'sacceptance | 965,232,549.62 | 881,426,104.13 |
| Commercialacceptancedraft | 191,314,370.08 | 173,147,717.91 |
| Total | 1,156,546,919.70 | 1,054,573,822.04 |
28.Accountspayable
| Item | Closingbalance | Openingbalance |
| Withinoneyear | 2,576,717,410.79 | 2,330,698,958.02 |
| Onetotwoyears | 102,890,328.05 | 155,636,729.60 |
| Twotothreeyears | 129,155,491.56 | 89,142,446.14 |
| Overthreeyears | 118,222,655.92 | 84,468,429.17 |
| Total | 2,926,985,886.32 | 2,659,946,562.93 |
29.Accountsreceivedinadvance
| Typeofnote | Closingbalance | Openingbalance |
| Rents | 825.69 | |
| Total | 825.69 |
30.Contractliabilities
| Item | Closingbalance | Openingbalance |
| Salesadvancesreceived | 698,842,722.45 | 601,044,358.35 |
| Total | 698,842,722.45 | 601,044,358.35 |
31.Employeeremunerationpayable
（1）Listofpayrollpayable
Item
| Item | Openingbalance | IncreaseintheReportingPeriod | DecreaseintheReportingPeriod | Closingbalance |
| Short-termremuneration | 343,646,678.61 | 719,840,311.47 | 883,580,151.76 | 179,906,838.32 |
| Post-employmentbenefits-definedcontributionplans | 4,600,603.98 | 53,677,921.52 | 56,607,348.20 | 1,671,177.30 |
| Dismissalbenefits | 360,921.46 | 6,681,292.01 | 6,576,287.67 | 465,925.80 |
| Otherbenefitsduewithinoneyear | ||||
| Total | 348,608,204.05 | 780,199,525.00 | 946,763,787.63 | 182,043,941.42 |
（2）Short-termremuneration
| Item | Openingbalance | IncreaseintheReportingPeriod | DecreaseintheReportingPeriod | Closingbalance |
| Salaries,bonuses,allowancesandsubsidies | 334,684,052.90 | 627,794,483.80 | 793,883,970.52 | 168,594,566.18 |
| Employeebenefits | 3,936,505.74 | 26,927,394.98 | 23,011,331.06 | 7,852,569.66 |
| Socialinsurancepremiums | 1,058,903.83 | 28,162,423.38 | 28,403,658.03 | 817,669.18 |
| Including:Medicalinsurancepremiums | 542,052.97 | 25,212,748.22 | 25,234,686.15 | 520,115.04 |
| Workinjuryinsurancepremiums | 258,547.07 | 1,790,935.44 | 2,045,091.89 | 4,390.62 |
| Maternityinsurancepremiums | 258,303.79 | 1,158,739.72 | 1,123,879.99 | 293,163.52 |
| Housingfund | 302,288.94 | 30,708,276.31 | 30,929,187.43 | 81,377.82 |
| Labourunionfundsandeducationfunds | 2,815,551.22 | 6,247,733.00 | 6,502,628.74 | 2,560,655.48 |
| Short-term |
Item
| Item | Openingbalance | IncreaseintheReportingPeriod | DecreaseintheReportingPeriod | Closingbalance |
| absencewithpayment | ||||
| Short-termprofitsharingplan | ||||
| Others | 849,375.98 | 849,375.98 | ||
| Total | 343,646,678.61 | 719,840,311.47 | 883,580,151.76 | 179,906,838.32 |
（3）Definedcontributionplans
| Item | Openingbalance | IncreaseintheReportingPeriod | DecreaseintheReportingPeriod | Closingbalance |
| Basicendowmentmanagementinsurance | 4,410,027.51 | 52,338,803.77 | 55,194,755.17 | 1,554,076.11 |
| Unemploymentinsurancepremiums | 190,576.47 | 1,339,117.75 | 1,412,593.03 | 117,101.19 |
| Annuitycontribution | ||||
| Total | 4,600,603.98 | 53,677,921.52 | 56,607,348.20 | 1,671,177.30 |
32.Taxandfeespayables
| Item | Closingbalance | Openingbalance |
| Corporateincometax | 81,680,682.71 | 178,994,811.66 |
| Value-addedtax | 58,801,002.32 | 60,178,835.36 |
| Fundfordisposingabandonedappliancesandelectronicproducts | 15,232,892.00 | 14,716,729.00 |
| Cityconstructionandmaintenancetax | 3,354,684.29 | 3,710,919.05 |
| EducationfeesandlocaleducationSurcharge | 2,445,441.96 | 2,735,721.75 |
| Stampduty | 7,284,321.59 | 9,955,063.53 |
| Landusetax | 11,049,570.88 | 11,028,106.31 |
| Personalincometax | 2,031,906.97 | 2,477,590.24 |
| Propertytax | 4,367,360.15 | 4,511,721.21 |
| Tariff | 1,572,800.19 | 1,624,434.41 |
| Others | 1,481,969.85 | 1,168,746.84 |
| Total | 189,302,632.91 | 291,102,679.36 |
33.OtherPayables
Item
| Item | Closingbalance | Openingbalance |
| Interestpayable | 40,524.22 | 29,590,464.00 |
| Otherpayables | 1,728,597,316.54 | 1,866,120,909.34 |
| Total | 1,728,637,840.76 | 1,895,711,373.34 |
33.1.Interestspayable
| Item | Closingbalance | Openingbalance |
| Interestonlong-termborrowingswithinterestpaidbyinstalmentandprincipalpaidatmaturity | 29,271,307.22 | |
| Interestpayableonshort-termborrowings | 40,524.22 | 319,156.78 |
| Total | 40,524.22 | 29,590,464.00 |
33.2OtherPayables（
）Listedbyaccountnature
| Natureoffund | Closingbalance | Openingbalance |
| Tradingfunds | 587,476,707.68 | 677,014,483.12 |
| Expensespayable | 537,067,094.62 | 538,693,780.45 |
| Relatedpartyborrowing | 210,445,900.64 | 286,552,967.74 |
| Cashdepositandfront | 293,368,012.84 | 286,952,679.25 |
| Advancepayment | 6,254,533.38 | 5,482,995.92 |
| Equitytransferpayment | 6,302,796.96 | 6,302,796.96 |
| Others | 87,682,270.42 | 65,121,205.90 |
| Total | 1,728,597,316.54 | 1,866,120,909.34 |
（2）Significantotheraccountspayablewithanageofmorethanoneyear
| Unit | Closingbalance | Reasonfornon-repaymentorcarry-over |
| TheThirdConstructionEngineeringCompanyLtd.ofChinaConstructionSecondEngineeringBureau | 21,877,760.25 | Notyetdueforpayment |
| Total | 21,877,760.25 |
34.Non-currentliabilitiesduewithinoneyear
| Item | Closingbalance | Openingbalance |
| Long-termborrowingsduewithinoneyear | 3,707,359,363.54 | 249,391,640.39 |
| Long-termpayablesduewithinoneyear | 79,815,088.04 | 139,213,550.70 |
| Bondspayableduewithinoneyear | 1,522,701,645.91 |
Item
| Item | Closingbalance | Openingbalance |
| Leaseliabilitiesduewithinoneyear | 10,403,563.49 | 20,614,839.60 |
| Total | 5,320,279,660.98 | 409,220,030.69 |
35.Othercurrentliabilities
| Item | Closingbalance | Openingbalance |
| Accountspayablewithtradeacceptancenotes | 21,548,290.82 | 26,744,560.49 |
| Taxtobechargedoff | 27,268,196.78 | 21,806,789.93 |
| Refundspayable | 20,828,377.91 | 19,898,433.29 |
| Total | 69,644,865.51 | 68,449,783.71 |
36.Long-termborrowings
（1）Classificationoflong-termloans
| Typeofborrowings | Closingbalance | Openingbalance | Notes |
| Guaranteedloan | 4,103,161,904.83 | 3,116,984,312.66 | ①②③④⑤⑥⑦ |
| Mortgageloan | 922,805,731.59 | 849,816,227.52 | ⑧⑨⑩???? |
| Entrustedborrowings | 2,554,463,826.38 | 2,595,372,200.43 | ? |
| Unsecuredloan | 3,213,210,743.03 | 2,536,925,213.87 | |
| Pledgeloan | 87,125,658.45 | 57,225,088.80 | ?? |
| Less:Portionduewithinoneyear | 3,707,359,363.54 | 249,391,640.39 | |
| Total | 7,173,408,500.74 | 8,906,931,402.89 |
①TheCompanyhasobtainedlong-termborrowingsamountingtoRMB1,000,777,777.73fromShenzhenBranchofChinaDevelopmentBankCo.,Ltd.,thetermofwhichisfrom24June2021to22August2025,andforwhichtheCompany'sparentcompanyOCTGroupprovidesjointandseveralliabilityguaranteeatthemaximumamount.
②TheCompanyhasobtainedlong-termborrowingsamountingtoRMB1,889,387,500.00fromShenzhenBranchofChinaGuangfaBankCo.,Ltd.,thetermofwhichisfrom24June2021to22August2025,andforwhichtheCompany'sparentcompanyOCTGroupprovidesjointandseveralliabilityguaranteeatthemaximumamount.
③TheCompanyhasobtainedlong-termborrowingsamountingtoRMB1,000,933,333.33fromtheExport-ImportBankofChina,thetermofwhichisfrom22June2022to21June2024,andforwhichtheCompany'sparentcompanyOCTGroupprovidesjointandseveralliabilityguaranteeatthemaximumamount.
④TheCompany'ssubsidiarySichuanKonkahasobtainedlong-termborrowingsamountingtoRMB30,052,333.33fromYibinRuralCommercialBankCo.Ltd.,ofwhichthetermisfrom23May2023to26April2026,andforwhichtheCompanyprovidesjointandseveralliabilityguarantee.
⑤TheCompany'ssubsidiaryKonkaXinyunSemiconductorTechnology(Yancheng)Co.,Ltd.hasobtainedlong-termborrowingsamountingtoRMB60,839,080.00fromYanchengBranchofHuaXiaBankCo.,Ltd.,thetermofwhichisfrom15September2021to21August2026,andforwhichtheCompanyanditssubsidiaryKowinMemoryTechnology(Shenzhen)Co.,Limitedprovidejointandseveralliabilityguaranteeatthemaximumamount.
⑥TheCompany'ssubsidiaryAnhuiKonkahasobtainedlong-termborrowingsamountingtoRMB120,131,666.66fromChuzhouPlazaSub-branchofChinaConstructionBankCo.,Ltd.,ofwhichthetermisfrom29October2021to26October2026,andforwhichtheCompanyprovidesjointandseveralliabilityguarantee.
⑦TheCompany'ssubsidiaryAnhuiKonkahasobtainedlong-termborrowingsamountingtoRMB1,040,213.78fromChuzhouBranchofAgriculturalBankofChinaCo.,Ltd.,ofwhichthetermisfrom29June2023to24June2028,andforwhichtheCompanyprovidesjointandseveralliabilityguarantee.
⑧TheCompanyhasobtainedlong-termborrowingsamountingtoRMB378,796,757.10fromGuanlanSub-branchofShenzhenRuralCommercialBankCo.,Ltd.,thetermofwhichisfrom22January2021to22January2026,andforwhichitprovideslanduserightsofacarryingvalueofRMB5,344,167.42andinvestmentpropertiesofacarryingvalueofRMB101,798,700.19andhousingbuildingsofacarryingvalueofRMB73,963,459.56asmortgage.
⑨TheCompany'ssubsidiaryAnhuiKonkahasobtainedlong-termborrowingsamountingtoRMB91,725,600.69fromChuzhouBranchofIndustrialBankCo.,Ltd.,ofwhichthetermisfrom16July2021to15July2031,andforwhichitprovideslanduserightsofacarryingvalueofRMB18,208,042.67andhousingbuildingsofacarryingvalueofRMB188,120,616.55asmortgageandtheCompanyprovidesjointandseveralliabilityguarantee.
⑩TheCompany'ssubsidiaryDongguanKonkahasobtainedlong-termborrowingsamountingtoRMB332,157,583.04fromDongguanFenggangSub-branchofAgriculturalBankofChinaCo.,Ltd.,thetermofwhichisfrom23June2021to21October2030,andforwhichitprovideslanduserightsofacarryingvalueofRMB187,867,124.67asmortgageandtheCompanyprovidesjointandseveralliabilityguarantee.
?TheCompany'ssubsidiaryFrestecSmartHomehasobtainedlong-termborrowingsamountingtoRMB10,012,500.00fromXinxiangJiankangRoadSub-branchofChinaCITICBankCorporationLimited,thetermofwhichisfrom27October2022to4May2030,andforwhichitprovideslanduserightsofacarryingvalueofRMB91,233,386.84asmortgageandtheCompanyaswellasMengHonggang,thelegalpersonofChuzhouHanshangElectricApplianceCo.,Ltd.,providejointandseveralliabilityguaranteerespectivelyat51%and49%.
?TheCompany’ssubsidiaryYantaiKangjinhasobtainedlong-termborrowingsamountingtoRMB10,100,000.00fromYantaiRuralCommercialBankCo.Ltd.withthetermfrom16January2023to12February2026,andforwhichitprovidesconstructioninprogressofacarryingvalueofRMB31,357,965.10asmortgage.
?TheCompany’ssubsidiaryNantongKanghaihasobtainedlong-termborrowingsamountingtoRMB22,004,742.67fromHaimenSub-branchofBankofSuzhouCo.,Ltd.withthetermfrom16January2023to25July2025,andforwhichitprovidesinventoriesofacarryingvalueofRMB100,000,000.00asmortgage.
?TheCompany'ssubsidiaryChongqingKonkahasobtainedlong-termborrowingsamountingtoRMB78,008,548.09fromChongqingLiangjiangBranchofIndustrialandCommercialBankofChinaCo.,Ltd.,thetermofwhichisfrom30December2022to19December2037,andforwhichitprovideshousingbuildingsofacarryingvalueofRMB340,452,555.35andlanduserightsofacarryingvalueofRMB45,073,685.19asmortgageandtheCompanyprovidesjointandseveralliabilityguaranteeatthemaximumamount.
?TheCompany'sparentcompanyOCTGrouphasextendedentrustedloansamountingtoRMB2,554,463,826.38totheCompanythroughChinaMerchantsBankCo.,Ltd.,thetermofwhichisfrom10January2022to25May2025.
?TheCompany'ssubsidiaryYibinKangrunMedicalhasobtainedlong-termborrowingsamountingtoRMB36,141,615.32fromYibinSub-BranchofPostalSavingsBankofChinaCo.,Ltd.withtheaccountsreceivablearisingfromtheprospectiveearningsfromaconcessionagreementwithanappraisalvalueofRMB595,900,000.00aspledge,andthetermthereofisfrom30June2022to15April2040.
?TheCompany'ssubsidiaryYibinKangrunMedicalhasobtainedlong-termborrowingsamountingtoRMB50,984,043.13fromYibinSub-BranchofIndustrialandCommercialBankofChinaCo.,Ltd.withtheaccountsreceivablearisingfromtheprospectiveearningsfromaconcessionagreementwithanappraisalvalueofRMB595,900,000.00aspledge,andthetermthereofisfrom30June2022to15April2040.
37.Bondspayable
(1)Listofbondspayable
Item
| Item | Closingbalance | Openingbalance |
| Corporatebonds | 4,818,258,522.17 | 4,792,392,044.13 |
| Less:Bondspayableduewithinoneyear | 1,522,701,645.91 | |
| Total | 3,295,556,876.26 | 4,792,392,044.13 |
(2)Changesofbondspayable(excludingotherfinancialinstrumentsdividedasfinancialliabilitiessuchaspreferredsharesandperpetualbonds)
| Bondname | Totalparvalue | Issuedate | Bondmaturity | Issueamount | Openingbalance |
| 21Konka01(notea)) | 1,000,000,000.00 | 8January2021 | Threeyears | 996,500,000.00 | 1,042,632,148.95 |
| 21Konka02(note | 500,000,000.00 | 21May2021 | Threeyears | 498,250,000.00 | 511,544,025.20 |
b))
| b)) | |||||
| 21Konka03(notec)) | 800,000,000.00 | 9July2021 | Threeyears | 797,200,000.00 | 813,864,800.79 |
| 22Konka01(noted)) | 1,200,000,000.00 | 14July2022 | Threeyears | 1,195,800,000.00 | 1,216,078,113.18 |
| 22Konka03(notee)) | 600,000,000.00 | 8September2022 | Threeyears | 597,900,000.00 | 604,838,993.73 |
| 22Konka05(notef)) | 600,000,000.00 | 18October2022 | Threeyears | 597,900,000.00 | 603,433,962.28 |
| Total | 4,700,000,000.00 | 4,683,550,000.00 | 4,792,392,044.13 |
(Continued)
| Bondname | IssueintheReportingPeriod | Accrueinterestbyparvalue | Amortisationofpremium/discount |
| 21Konka01(notea)) | 22,300,000.02 | 550,314.48 | |
| 21Konka02(noteb)) | 10,000,000.02 | 275,157.24 | |
| 21Konka03(notec)) | 15,799,999.98 | 440,251.56 | |
| 22Konka01(noted)) | 19,380,000.00 | 660,377.34 | |
| 22Konka03(notee)) | 9,900,000.00 | 330,188.70 | |
| 22Konka05(notef)) | 10,500,000.00 | 330,188.70 | |
| Total | 87,880,000.02 | 2,586,478.02 |
(Continued)
| Bondname | RepayduringtheReportingPeriod | Closingbalance |
| 21Konka01(notea)) | 44,600,000.00 | 1,020,882,463.45 |
| 21Konka02(noteb)) | 20,000,000.00 | 501,819,182.46 |
| 21Konka03(notec)) | 830,105,052.33 | |
| 22Konka01(noted)) | 1,236,118,490.52 | |
| 22Konka03(notee)) | 615,069,182.43 | |
| 22Konka05(notef)) | 614,264,150.98 | |
| Total | 64,600,000.00 | 4,818,258,522.17 |
Note1:
a.On8January2021,theCompanyissuedRMB1billionofprivateplacementcorporatebondswiththedurationofthreeyears,theannualinterestrateof4.46%andtheduedateof8January2024.b)On21May2021,theCompanyissuedRMB500millionofprivateplacementcorporatebondswiththedurationofthreeyears,theannualinterestrateof4.00%andtheduedateof21May2024.
c)On9July2021,theCompanyissuedRMB800millionofprivateplacementcorporate
bondswiththedurationofthreeyears,theannualinterestrateof3.95%andtheduedateof9July2024.
d)On14July2022,theCompanyissuedRMB1.2billionofpublicplacementcorporatebondswiththedurationofthreeyears,theannualinterestrateof3.23%andtheduedateof14July2025.e)On8September2022,theCompanyissuedRMB600millionofprivateplacementcorporatebondswiththedurationofthreeyears,theannualinterestrateof3.30%andtheduedateof8September2025.f)On18October2022,theCompanyissuedRMB600millionofprivateplacementcorporatebondswiththedurationofthreeyears,theannualinterestrateof3.50%andtheduedateof18October2025.
Note2:OCTGroupprovidedfull-amount,unconditionalandirrevocablejointandseveralliabilitiesguaranteefortheduepaymentofthepublicandprivateofferingofcorporatebonds.
Note3:Thecurrentyear'srepaymentsareinterest.
38.Leaseliabilities
Item
| Item | Closingbalance | Openingbalance |
| Leaseliabilities | 41,588,054.08 | 57,201,478.76 |
| Less:Leaseliabilitiesduewithinoneyear(seeNoteVI-34) | 10,403,563.49 | 20,614,839.60 |
| Total | 31,184,490.59 | 36,586,639.16 |
39.Long-termpayables
| Natureoffund | Closingbalance | Openingbalance |
| Accruedfinancingleaseoutlay | 88,406,103.20 | 152,547,691.61 |
| Less:Unrecognisedfinancingexpenses | 1,717,892.65 | 5,370,013.73 |
| Less:Amountduewithinoneyear(seeNoteVI-34) | 79,815,088.04 | 139,213,550.70 |
| Total | 6,873,122.51 | 7,964,127.18 |
40.Long-termemployeebenefitspayable
| Item | Closingbalance | Openingbalance |
| Terminationbenefits-netliabilitiesofdefinedcontributionplans | 4,794,271.77 | 4,894,209.73 |
| Total | 4,794,271.77 | 4,894,209.73 |
41.Projectedliabilities
Item
| Item | Closingbalance | Openingbalance | Cause(s) |
| Productqualityassurance | 118,873,974.69 | 74,590,486.63 | After-salesofhouseholdappliances |
| Performancecompensation | 82,723,436.52 | 82,723,436.52 | |
| Pendinglitigation | 206,591.51 | 206,591.51 | |
| Discardexpenses | 1,921,004.01 | 1,875,064.89 | |
| Total | 203,725,006.73 | 159,395,579.55 |
42.Deferredrevenue
Item
| Item | Openingbalance | IncreaseintheReportingPeriod | DecreaseintheReportingPeriod | Closingbalance | Cause(s) |
| Governmentgrants | 334,844,966.31 | 74,815,467.22 | 47,296,452.95 | 362,363,980.58 | Relatedtoassets/income |
| Total | 334,844,966.31 | 74,815,467.22 | 47,296,452.95 | 362,363,980.58 |
（1）Categoryofdeferredincome
| Governmentsubsidyitems | Openingbalance | SubsidiesincreasedintheReportingPeriod | Amountrecognisedasnon-operatingincomeintheReportingPeriod | AmountrecognisedasotherincomeintheReportingPeriod | Otherchanges | Closingbalance | Relatedtoassets/income |
| PlantconstructionsubsidyforYibinKonkaIndustrialPark | 105,864,968.77 | 1,159,766.16 | 104,705,202.61 | Relatedtoassets | |||
| MedicalwastecentralisedtreatmentprojectinGaoxianCounty,YibinCity | 28,405,837.81 | 5,739,564.92 | 1,009,001.83 | 33,136,400.90 | Relatedtoassets | ||
| SubsidyforindustrialR&D | 20,000,000.00 | 20,000,000.00 | Relatedtoassets | ||||
| ReturnedpaymentsforlandbyChongqingKonka | 18,327,272.79 | 196,363.62 | 18,130,909.17 | Relatedtoassets | |||
| Relocationsubsidy | 13,085,700.00 | 10,000,000.00 | 3,085,700.00 | Related-to-income | |||
| PlantdecorationsubsidyforYibinKonkaTechnologyPark | 11,513,723.80 | 719,607.72 | 10,794,116.08 | Relatedtoassets |
Governmentsubsidyitems
| Governmentsubsidyitems | Openingbalance | SubsidiesincreasedintheReportingPeriod | Amountrecognisedasnon-operatingincomeintheReportingPeriod | AmountrecognisedasotherincomeintheReportingPeriod | Otherchanges | Closingbalance | Relatedtoassets/income |
| Specialfundsforsupportingthedevelopmentofadvancedmanufacturingandmodernserviceindustries | 11,440,000.00 | 11,440,000.00 | Relatedtoassets | ||||
| Subsidyforhigh-techinnovationandoperationinYancheng | 10,596,031.61 | 449,675.04 | 10,146,356.57 | Relatedtoassets | |||
| SubsidyfortheMicroLEDR&DprojectofChongqingOptoelectronicTechnologyResearchInstitute | 25,000,000.00 | 25,000,000.00 | Relatedtoassets | ||||
| SubsidyfortheprojectofFrestecRefrigeration | 21,250,000.00 | 21,250,000.00 | Relatedtoassets | ||||
| Othergovernmentsubsidiesrelatedtoassets/income | 115,611,431.53 | 22,825,902.30 | 8,497,260.28 | 24,914,778.30 | 350,000.00 | 104,675,295.25 | Relatedtoassets/income |
| Total | 334,844,966.31 | 74,815,467.22 | 8,497,260.28 | 38,449,192.67 | 350,000.00 | 362,363,980.58 |
43.Othernon-currentliabilities
Item
| Item | Closingbalance | Openingbalance |
| Contractliabilitiesoveroneyear | 381,807,253.24 | 314,233,260.08 |
| Total | 381,807,253.24 | 314,233,260.08 |
44.ShareCapital
| Item | Openingbalance | Increase/decrease(+/-) | Closingbalance | ||||
| Newsharesissued | Bonusissue | Bonusissuefromprofit | Others | Subtotal | |||
| Totalshares | 2,407,945,408.00 | 2,407,945,408.00 | |||||
45.Capitalsurplus
| Item | Openingbalance | IncreaseintheReportingPeriod | DecreaseintheReportingPeriod | Closingbalance |
| Othercapitalsurplus | 365,247,361.05 | 90,301,655.75 | 17,433,984.73 | 438,115,032.07 |
| Total | 365,247,361.05 | 90,301,655.75 | 17,433,984.73 | 438,115,032.07 |
Note:CapitalsurplusfortheReportingPeriod--othercapitalsurplusincreaseanddecreaseduetothemainreasons:
1TheassociatedenterpriseWuhanTianyuanEnvironmentalProtectionCo.,Ltd.increasedcapitalandshares,resultinginanincreaseinothercapitalsurplusofRMB90,301,655.75;
2OthercapitalsurplusdecreasedbyRMB3,656,102.53duetothedisposaloftheassociatedenterpriseGuangdongChutianDragonCo.,Ltd.
3ThechangeintheaccountingmethodforChutianDragonCo.,Ltd.decreasedother
capitalsurplusbyRMB13,777,882.20.
46.Othercomprehensiveincome
Item
| Item | OpeningBalance | AmountincurredintheReportingPeriod | ClosingbalanceBalance | |||||
| AmountincurredbeforeincometaxintheReportingPeriod | Less:AmountrecognisedasothercomprehensiveincomeinthepreviousperiodandtransferredtoprofitorlossintheReportingPeriod | Less:AmountrecognisedasothercomprehensiveincomeinthepreviousperiodandtransferredtoretainedearningsintheReportingPeriod | Less:Incometaxexpense | Attributabletotheparentcompanyaftertax | Attributabletominorityshareholdersaftertax | |||
| I.Othercomprehensiveincomethatcannotbereclassifiedasprofitsorlosses | -6,398,878.20 | -6,398,878.20 | ||||||
| Changesinthefairvalueofotherequityinstrumentinvestments | -6,398,878.20 | -6,398,878.20 | ||||||
| Others | ||||||||
| II.Othercomprehensiveincomereclassifiedasprofits | -7,866,303.43 | 4,837.39 | 4,837.39 | -7,861,466.04 | ||||
Item
| Item | OpeningBalance | AmountincurredintheReportingPeriod | ClosingbalanceBalance | |||||
| AmountincurredbeforeincometaxintheReportingPeriod | Less:AmountrecognisedasothercomprehensiveincomeinthepreviousperiodandtransferredtoprofitorlossintheReportingPeriod | Less:AmountrecognisedasothercomprehensiveincomeinthepreviousperiodandtransferredtoretainedearningsintheReportingPeriod | Less:Incometaxexpense | Attributabletotheparentcompanyaftertax | Attributabletominorityshareholdersaftertax | |||
| andlosses | ||||||||
| Including:Othercomprehensiveincomethatcanbetransferredtoprofitsorlossesundertheequitymethod | -4,029,937.27 | -4,029,937.27 | ||||||
| Exchangedifferenceontranslatingforeignoperations | -3,836,366.16 | 4,837.39 | 4,837.39 | -3,831,528.77 | ||||
| Totalofothercomprehensiveincome | -14,265,181.63 | 4,837.39 | 4,837.39 | -14,260,344.24 | ||||
47.Surplusreserves
Item
| Item | Openingbalance | IncreaseintheReportingPeriod | DecreaseintheReportingPeriod | Closingbalance |
| Statutorysurplusreserves | 1,005,961,774.19 | 1,005,961,774.19 | ||
| Discretionarysurplusreserves | 238,218,590.05 | 238,218,590.05 | ||
| Total | 1,244,180,364.24 | 1,244,180,364.24 |
48.Retainedearnings
| Item | ThisPeriod | Sameperiodofthepreviousyear |
| Closingbalanceofpreviousperiod | 3,638,868,004.50 | 5,229,563,700.95 |
| Add:Totalbeginningbalanceofretainedearningsbeforeadjustments | ||
| Including:Changesinaccountingpolicies | ||
| Otheradjustmentfactors | ||
| BeginningbalanceoftheReportingPeriod | 3,638,868,004.50 | 5,229,563,700.95 |
| Plus:NetprofitattributabletoownersoftheparentcompanyintheReportingPeriod | -193,240,232.33 | -1,470,298,426.05 |
| Othercomprehensiveincometransferredtoretainedearnings | 560,005.44 | |
| Less:Appropriationofstatutorysurplusreserves | ||
| Appropriationofdiscretionarysurplusreserves | ||
| Ordinarysharedividendspayable | 120,397,270.40 | |
| Endingbalanceofthisperiod | 3,446,187,777.61 | 3,638,868,004.50 |
49.Operatingrevenueandcostofsales
(1)Operatingincomeandoperatingcosts
| Item | AmountincurredintheReportingPeriod | Amountincurredinthepreviousperiod | ||
| Income | Cost | Income | Cost | |
| Principalbusiness | 9,989,383,650.13 | 9,658,914,170.75 | 16,243,380,757.24 | 16,013,632,913.79 |
| Otherbusiness | 482,677,521.81 | 420,429,613.36 | 652,089,519.57 | 468,807,708.05 |
Item
| Item | AmountincurredintheReportingPeriod | Amountincurredinthepreviousperiod | ||
| Total | 10,472,061,171.94 | 10,079,343,784.11 | 16,895,470,276.81 | 16,482,440,621.84 |
(2)Listofdeductionsfromoperatingincome
| Item | AmountincurredintheReportingPeriod(RMB) | Details | Amountincurredinthepreviousperiod(RMB) | Details |
| Amountofoperatingincome | 10,472,061,171.94 | 16,895,470,276.81 | ||
| Totalamountofitemsdeductedfromoperatingincome | 336,328,394.84 | 467,356,118.26 | ||
| Proportionofthetotalamountofitemsdeductedfromoperationincomeinoperatingincome(%) | 3.21 | 2.77 | ||
| I.Businessincomeirrelevanttoprincipalbusiness | ||||
| 1.Otherbusinessincomeoutsidenormalbusiness.E.g.,incomefromtheleaseoffixedassets,intangibleassets,packagingmaterials,salesmaterials,non-monetaryassetexchangewithmaterialsandoperationofentrustedmanagementbusiness,andincomethatisincludedintheincomefromprimarybusinessbutisoutsidethenormalbusinessofthelistedcompany. | 336,328,394.84 | Incomefromsalesofwasteproducts,utilitybills,rentalincome,incomefrommaterialsalesandotherincomenotrelatedtothemainbusiness | 467,356,118.26 | Incomefromsalesofwasteproducts,utilitybills,rentalincome,incomefrommaterialsalesandotherincomenotrelatedtothemainbusiness |
| 2.Incomefromnon-qualifiedpseudo-bankingbusinesses;suchasinterestincomefromborrowedfunds;incomefromnewpseudo-bankingbusinessesinthereportingandpreviousfiscalyears,suchasincomefromguarantee,commercialfactoring,smallloans,financeleaseandpawn,exceptfinance | ||||
Item
| Item | AmountincurredintheReportingPeriod(RMB) | Details | Amountincurredinthepreviousperiod(RMB) | Details |
| leasebusinessconductedforthesaleofprimaryproducts. | ||||
| 3.Incomefromnewtradingbusinessesinthereportingandpreviousfiscalyears. | ||||
| 4.Incomefromrelatedtransactionsirrelevanttotheexistingnormaloperationbusinessesofthelistedcompany. | ||||
| 5.Incomeofsubsidiariesacquiredinbusinesscombinationunderthesamecontrolfromtheperiod-beginningtothecombinationdate. | ||||
| 6.Incomefrombusinessesthathavenotyethadoraredifficulttohaveastablebusinessmodel. | ||||
| Subtotalofbusinessincomeirrelevanttoprincipalbusiness | 336,328,394.84 | 467,356,118.26 | ||
| II.Incomewithoutcommercialsubstance | ||||
| 1.Incomefromtransactionsoreventsthatdonotsignificantlyaltertherisk,timingoramountoffuturecashflowsofthecompany. | ||||
| 2.Incomefromtransactionswithouttruebusiness.E.g.,falseincomerealisedinthewayofself-transactionandfalseincomefromtransactionsbymeansofInternettechnologyorothermeans. | ||||
| 3.Incomefrombusinessesatunfairtradeprices. | ||||
| 4.Incomefromsubsidiariesor | ||||
Item
| Item | AmountincurredintheReportingPeriod(RMB) | Details | Amountincurredinthepreviousperiod(RMB) | Details |
| businessesacquiredinbusinesscombinationatunfairconsiderationsorbynon-tradingmeansinthereportingfiscalyear. | ||||
| 5.Incomeinvolvedinnon-standardauditopinionsinauditopinions. | ||||
| 6.Otherincomefromtransactionsoreventswithoutcommercialrationality. | ||||
| Subtotalofincomewithoutcommercialsubstance | ||||
| III.Otherincomeirrelevanttoprincipalbusinessorwithoutcommercialsubstance | ||||
| Amountofoperatingincomeafterdeduction | 10,135,732,777.10 | 16,428,114,158.55 |
(3)Detailsofincomefromcontracts
| Categoryofcontracts | Amountincurredinthisyear | Total |
| Productcategories | ||
| Ofwhich:Industrytradebusiness | 4,350,074,427.45 | 4,350,074,427.45 |
| ColourTVbusiness | 1,919,054,194.60 | 1,919,054,194.60 |
| Consumerappliancesbusiness | 2,285,781,923.95 | 2,285,781,923.95 |
| Materialtechnologybusiness | 793,973,411.72 | 793,973,411.72 |
| PCBbusiness | 245,209,214.94 | 245,209,214.94 |
| Semi-conductorbusiness | 5,850,208.69 | 5,850,208.69 |
| Otherbusiness | 872,117,790.59 | 872,117,790.59 |
| Total | 10,472,061,171.94 | 10,472,061,171.94 |
| Classifiedbyoperatingregion | ||
| Ofwhich:Domestic | 6,571,071,083.57 | 6,571,071,083.57 |
| Overseas | 3,900,990,088.37 | 3,900,990,088.37 |
| Total | 10,472,061,171.94 | 10,472,061,171.94 |
(4)Mainoperations(classifiedbyproduct)
Item
| Item | Amountincurredinthisyear | Amountincurredlastyear | ||
| Income | Cost | Income | Cost | |
| Supplychaintradingbusiness | 4,350,074,427.45 | 4,306,025,179.35 | 10,171,407,159.62 | 10,120,679,704.92 |
| ColourTVbusiness | 1,919,054,194.60 | 1,950,631,109.94 | 2,389,828,778.20 | 2,418,706,246.97 |
| Consumerappliancesbusiness | 2,285,781,923.95 | 2,020,436,028.43 | 1,900,207,771.57 | 1,711,652,138.98 |
| Materialtechnologybusiness | 793,973,411.72 | 778,483,727.14 | 774,458,509.72 | 749,206,296.93 |
| PCBbusiness | 245,209,214.94 | 209,373,794.15 | 291,397,810.91 | 280,056,849.29 |
| Semi-conductorbusiness | 5,850,208.69 | 15,242,064.76 | 50,916,083.90 | 52,958,914.59 |
| Others | 389,440,268.78 | 378,722,266.98 | 665,164,643.32 | 680,372,762.11 |
| Total | 9,989,383,650.13 | 9,658,914,170.75 | 16,243,380,757.24 | 16,013,632,913.79 |
(5)Informationinrelationtothetradepriceapportionedtotheresidualcontractperformanceobligation:
TheamountofrevenuecorrespondingtoperformanceobligationsthathavebeensignedbuthavenotyetbeenfulfilledorcompletedattheendoftheyearisRMB1,637,959,026.62,ofwhichRMB1,589,889,591.47isexpectedtoberecognizedasrevenuein2023,andtheremainingRMB52,657,167.35isexpectedtoberecognizedasrevenuein2024andfollowingyears.
50.Taxesandsurcharges
| Item | AmountincurredintheReportingPeriod | Amountincurredinthepreviousperiod |
| Stampduty | 17,006,122.55 | 15,956,693.35 |
| Landusetax | 8,628,212.80 | 13,241,507.04 |
| Citymaintenance&constructiontax | 3,916,672.25 | 8,149,278.82 |
| Propertytax | 9,429,982.31 | 9,150,456.54 |
| Educationalsurcharge | 1,795,764.31 | 3,669,080.87 |
| Localeducationalsurcharge | 1,197,136.14 | 2,445,857.60 |
| Waterresourcesfund | 474,599.45 | 228,825.54 |
| Others | 270,476.72 | 443,271.42 |
| Total | 42,718,966.53 | 53,284,971.18 |
51.Salescosts
Item
| Item | AmountincurredintheReportingPeriod | Amountincurredinthepreviousperiod |
| Employeebenefits | 171,827,349.50 | 159,102,544.06 |
| Advertisingexpense | 114,639,309.81 | 141,115,130.40 |
| Promotionalactivities | 95,664,759.55 | 72,748,154.60 |
| Warrantyfee | 80,388,332.75 | 79,063,725.82 |
| LogisticFee | 41,136,310.25 | 30,314,056.31 |
| Taxesandfund | 549,965.00 | 26,642,413.92 |
| Leaseexpense | 9,554,537.27 | 12,385,615.94 |
| Travelexpenses | 5,281,279.82 | 7,448,071.22 |
| Entertainmentfees | 6,056,077.13 | 5,435,508.51 |
| Exhibitionexpenses | 5,525,688.44 | 1,713,164.44 |
| Others | 27,913,056.01 | 24,257,299.06 |
| Total | 558,536,665.53 | 560,225,684.28 |
52.Managementcosts
| Item | AmountincurredintheReportingPeriod | Amountincurredinthepreviousperiod |
| Employeebenefits | 201,752,601.81 | 213,795,836.28 |
| Depreciationcharges | 103,962,882.38 | 71,715,060.26 |
| Intermediaryfees | 20,680,100.93 | 17,693,182.52 |
| Travelexpenses | 6,391,903.53 | 3,765,905.28 |
| Waterandelectricityexpenses | 580,512.03 | 5,296,977.22 |
| Lossonscrapingofinventories | 5,169,402.73 | 2,086,492.21 |
| Others | 51,707,164.36 | 39,955,230.74 |
| Total | 390,244,567.77 | 354,308,684.51 |
53.R&Dexpense
| Item | AmountincurredintheReportingPeriod | Amountincurredinthepreviousperiod |
| Salary | 125,331,251.82 | 118,779,499.31 |
| Depreciationandamortisationcharge | 52,673,986.51 | 49,464,665.22 |
| Newproducttrialproductionexpense | 12,377,094.01 | 24,519,154.67 |
| Materialexpense | 17,796,228.66 | 11,347,523.74 |
| Commissionservicefee | 2,048,184.94 | 7,150,370.69 |
| Testingexpense | 3,249,155.22 | 3,120,118.84 |
Item
| Item | AmountincurredintheReportingPeriod | Amountincurredinthepreviousperiod |
| Informationusefee | 360,938.22 | 1,438,063.33 |
| Others | 23,197,053.73 | 21,529,130.76 |
| Total | 237,033,893.11 | 237,348,526.56 |
54.Financialexpenses
| Item | AmountincurredintheReportingPeriod | Amountincurredinthepreviousperiod |
| Interestexpense | 432,772,700.64 | 465,576,348.06 |
| Less:Interestincome | 123,908,981.38 | 109,353,054.39 |
| Add:Exchangeloss | -133,558,528.06 | -114,830,078.08 |
| Otherexpenses | 23,770,433.30 | 25,722,111.99 |
| Total | 199,075,624.50 | 267,115,327.58 |
55.Otherincome
| Resources | AmountincurredintheReportingPeriod | Amountincurredinthepreviousperiod |
| Supportfunds | 70,000,000.00 | 227,351,711.98 |
| Rewardsandsubsidies | 23,457,361.87 | 90,960,177.86 |
| Transferofdeferredincome | 38,449,192.67 | 13,538,617.74 |
| Softwaretaxrefund | 3,434,829.42 | 7,949,955.87 |
| Postsubsidies | 541,457.45 | 2,253,703.66 |
| Landtaxrebates | 1,433,605.93 | |
| SubsidiesforL/Cexports | 2,034,374.00 | 249,549.87 |
| Total | 137,917,215.41 | 343,737,322.91 |
56.InvestmentReturns
| Item | AmountincurredintheReportingPeriod | Amountincurredinthepreviousperiod |
| Returnsonlong-termequityinvestmentscalculatedbytheequitymethod | -30,242,661.05 | 59,402,481.72 |
| Returnoninvestmentarisingfromthedisposaloflong-termequityinvestments | 188,118,447.66 | 406,299,201.96 |
| Incomefromremeasurementofresidualstockrightsatfairvalueafterlosingcontrolpower | 51,474,909.15 | 239,092,140.86 |
| Interestincomefromdebtinvestmentsduringtheholding | 36,609,075.35 | 32,966,971.77 |
Item
| Item | AmountincurredintheReportingPeriod | Amountincurredinthepreviousperiod |
| period | ||
| Investmentincomefromdisposaloffinancialassetsatfairvaluethroughprofitorloss | -3,794,910.98 | 42,739.74 |
| Financialassetstransferredfromequityinvestmentscalculatedbytheequitymethod | 574,780,174.75 | |
| Investmentincomefromholdingoftradingfinancialassets | 9,383,976.00 | |
| Others | 500,000.00 | |
| Total | 826,829,010.88 | 737,803,536.05 |
57.Incomefromchangesinfairvalue
| Sourcesofincomefromchangesinthefairvalue | AmountincurredintheReportingPeriod | Amountincurredinthepreviousperiod |
| Financialassetsatfairvaluethroughprofitorloss | -132,580,077.43 | -638,799.36 |
| Total | -132,580,077.43 | -638,799.36 |
58.Creditimpairmentloss
| Item | AmountincurredintheReportingPeriod | Amountincurredinthepreviousperiod |
| Baddebtlossofnotesreceivable | 6,446,862.01 | 7,050,461.27 |
| Baddebtlossofaccountsreceivable | -50,164,953.87 | -42,299,060.06 |
| Baddebtlossofotheraccountsreceivable | -96,474,587.50 | -43,359,714.77 |
| Total | -140,192,679.36 | -78,608,313.56 |
59.ImpairmentLossesonAssets
| Item | AmountincurredintheReportingPeriod | Amountincurredinthepreviousperiod |
| Inventorydepreciationlossandcontractperformancecostimpairmentloss | -15,274,484.20 | -13,309,988.75 |
| Contractualassetimpairmentloss | -9,012.56 | |
| Total | -15,283,496.76 | -13,309,988.75 |
60.Assetdisposalincome("-"forloss)
Item
| Item | AmountincurredintheReportingPeriod | Amountincurredinthepreviousperiod | Amountrecordedintothecurrentnon-recurringprofitorloss |
| Incomesfromdisposalofnon-currentassets | 64,713.62 | 12,782,328.52 | 64,713.62 |
| Including:incomesfromdisposalofnon-currentassetsnotclassifiedastheheld-for-saleassets | 64,713.62 | 12,782,328.52 | 64,713.62 |
| Ofwhich:Fixedassetsdisposalincome | -195,494.55 | -75,972.28 | -195,494.55 |
| Right-of-useassetsdisposalincome | 241,619.81 | 14,904.57 | 241,619.81 |
| Intangibleassetsdisposalincome | 18,588.36 | 12,843,396.23 | 18,588.36 |
| Total | 64,713.62 | 12,782,328.52 | 64,713.62 |
61.Non-operatingincome
(1)Listofnon-operatingincome
| Item | AmountincurredintheReportingPeriod | Amountincurredinthepreviousperiod | Amountrecordedintothecurrentnon-recurringprofitorloss |
| Compensationandpenaltyincome | 2,522,169.54 | 14,518,135.77 | 2,522,169.54 |
| GovernmentsubsidiesunrelatedtothenormaloperationoftheCompany | 8,708,660.28 | 200,900.00 | 8,708,660.28 |
| Non-currentassetsdamageandretirementgains | 450.00 | 364,917.85 | 450.00 |
| Debtrestructuringgains | 33,184.00 | ||
| Others | 6,094,337.36 | 15,375,604.03 | 6,094,337.36 |
| Total | 17,325,617.18 | 30,492,741.65 | 17,325,617.18 |
(2)Governmentsubsidiesrecordedinprofitorlossofthecurrentyear
| Item | Issuingbody | Reason | Type |
| ChuzhouHuikesmarthomeapplianceindustryinvestmentprojectsubsidy | ChuzhouDevelopmentZoneManagementCommittee | SubsidyreceivedforparticipationinChuzhouHuikeIntelligentHomeApplianceIndustryInvestment | Subsidy |
| Newapprenticeshiptrainingsubsidies | ZhongshanHumanResourcesandSocialSecurityBureau, | Subsidiesreceivedfortrainingschoolchildren | Subsidy |
FushaBranchOffice
| FushaBranchOffice | |||
| Others | Otheremploymentsubsidies | Subsidy |
(Continued)
| Item | AffecttheprofitandlossfortheReportingPeriodornot | Specialsubsidyornot | AmountincurredintheReportingPeriod | Amountincurredinthepreviousperiod | Relatedtoassets/income |
| ChuzhouHuikesmarthomeapplianceindustryinvestmentprojectsubsidy | Not | Not | 8,497,260.28 | Relatedtoincome | |
| Newapprenticeshiptrainingsubsidies | Not | Not | 184,400.00 | Relatedtoincome | |
| Others | Not | Not | 27,000.00 | Relatedtoincome | |
| Total | 8,708,660.28 |
62.Non-operatingexpenses
| Item | AmountincurredintheReportingPeriod | Amountincurredinthepreviousperiod | Amountrecordedintothecurrentnon-recurringprofitorloss |
| Lossesondamageandscrapingofnon-currentassets | 1,419,908.80 | 829,936.20 | 1,419,908.80 |
| Compensationexpense | 54,800.00 | 955,320.82 | 54,800.00 |
| Others | 2,851,899.22 | 2,075,688.78 | 2,851,899.22 |
| Total | 4,326,608.02 | 3,860,945.80 | 4,326,608.02 |
63.Incometaxexpenses
（1）Incometaxexpense
| Item | AmountincurredintheReportingPeriod | Amountincurredinthepreviousperiod |
| IncometaxexpenseoftheReportingPeriod | 27,239,426.46 | 38,695,464.05 |
| Deferredincometaxexpense | -43,950,094.04 | -128,041,906.16 |
| Total | -16,710,667.58 | -89,346,442.11 |
（
）Adjustmentprocessofaccountingprofitsandincometaxexpenses
Item
| Item | AmountincurredintheReportingPeriod |
| Profitbeforetaxation | -345,138,634.09 |
| Incometaxexpensecalculatedatlegal/applicabletaxrate | -86,284,658.52 |
| Impactofdifferenttaxratesappliedbysubsidiaries | 22,641,079.77 |
| Impactofincometaxintheperiodsbeforeadjustment | 12,568,007.52 |
| Impactofnon-taxableincome | 3,418,384.35 |
| Impactsofnon-deductiblecosts,expenses,andlosses | 6,267,791.52 |
| Impactofusingdeductiblelossesonthedeferredtaxassetsnotrecognisedpreviously | -2,630,356.53 |
| ImpactofdeductibletemporarydifferencesordeductiblelossesofdeferredtaxassetsnotrecognisedintheReportingPeriod | 44,087,259.86 |
| Others | -16,778,175.54 |
| Incometaxexpense | -16,710,667.58 |
64.OthercomprehensiveincomeFordetails,referto"NoteVI-46Othercomprehensiveincome".
65.Cashflowstatement
（1）Cashgeneratedfrom/usedinotheroperating/investing/financingactivities1）Othercashreceivedrelatedtooperatingactivities
| Item | AmountincurredintheReportingPeriod | Amountincurredinthepreviousperiod |
| Incomefromgovernmentsubsidies | 196,790,552.27 | 398,867,359.07 |
| Frontmoneyandguaranteedeposit | 107,899,740.15 | 194,816,415.68 |
| Interestincomefrombankdeposits | 49,564,086.35 | 38,460,424.38 |
| Tradingfunds | 45,235,678.79 | 71,915,009.80 |
| Compensationandpenaltyincome | 8,691,566.66 | 4,270,552.74 |
| Others | 26,051,273.52 | 45,629,873.92 |
| Total | 434,232,897.74 | 753,959,635.59 |
）Othercashpaidrelatedtooperatingactivities
| Item | AmountincurredintheReportingPeriod | Amountincurredinthepreviousperiod |
| Cashpaymentfee | 535,602,399.78 | 608,403,775.17 |
| Depositandmargin | 146,237,387.07 | 141,618,948.53 |
| Paymentmadeonbehalf | 5,640,757.14 | 9,670,660.47 |
Item
| Item | AmountincurredintheReportingPeriod | Amountincurredinthepreviousperiod |
| Expenseforbankhandlingcharges | 2,735,395.17 | 2,878,961.21 |
| Others | 65,077,290.21 | 120,570,024.96 |
| Total | 755,293,229.37 | 883,142,370.34 |
3）Othercashreceivedrelatedtoinvestmentactivities
| Item | AmountincurredintheReportingPeriod | Amountincurredinthepreviousperiod |
| Recoveryofloanatcall | 382,971,149.03 | 2,345,834,176.94 |
| Others | 46,988,449.65 | 39,792,247.45 |
| Total | 429,959,598.68 | 2,385,626,424.39 |
4）Othercashpaidrelatedtoinvestmentactivities
| Item | AmountincurredintheReportingPeriod | Amountincurredinthepreviousperiod |
| Paymentofloanatcall | 310,116,949.03 | 271,583,749.03 |
| Others | 161,037,718.80 | 25,736,148.70 |
| Total | 471,154,667.83 | 297,319,897.73 |
5）Otherproceedsreceivedrelatedtofinancingactivities
| Item | AmountincurredintheReportingPeriod | Amountincurredinthepreviousperiod |
| Receivingloanatcall | 50,370,200.00 | 29,957,440.00 |
| Recoveryofmargindepositpledged | 219,929,641.72 | 68,792,633.93 |
| Others | 23,432.92 | |
| Total | 270,299,841.72 | 98,773,506.85 |
6）Othercashpaidrelatedtofinancingactivities
| Item | AmountincurredintheReportingPeriod | Amountincurredinthepreviousperiod |
| Paymentoflease-relatedaccounts | 62,969,375.44 | 155,109,520.16 |
| Depositasmarginforpledge | 401,172,422.54 | 117,654,180.32 |
| Retuningloanatcall | 1,870,614.17 | 117,768,871.27 |
| Financingcost | 20,729,450.01 | 21,190,465.55 |
| Others | 1,765,552.03 | |
| Total | 486,741,862.16 | 413,488,589.33 |
（2）Supplementalinformationforconsolidatedcashflowstatement
Item
| Item | AmountoftheReportingPeriod | Amountofthepreviousperiod |
| 1.Reconciliationofnetprofittocashflowsfromoperatingactivities: | ||
| Netprofit | -328,427,966.51 | 58,490,784.63 |
| Plus:Provisionforassetimpairment | 15,283,496.76 | 13,309,988.75 |
| Creditimpairmentloss | 140,192,679.36 | 78,608,313.56 |
| Depreciationoffixedassets,depletionofoilandgasassets,anddepreciationofproductivebiologicalassets | 217,019,718.21 | 210,447,096.53 |
| Depreciationofright-of-useassets | 11,748,166.57 | 28,657,676.02 |
| Amortisationofintangibleassets | 26,128,581.85 | 22,954,726.69 |
| Amortisationoflong-termprepaidexpense | 62,948,271.42 | 40,889,139.75 |
| Lossesondisposaloffixedassets,intangibleassetsandotherlong-livedassets(gains:negative) | -64,713.62 | -12,782,328.52 |
| Lossesonscrapoffixedassets(gains:negative) | 1,419,458.80 | 465,018.35 |
| Lossesonchangesinfairvalue(gains:negative) | 132,580,077.43 | 638,799.36 |
| Financecosts(gains:negative) | 383,689,359.03 | 439,621,848.38 |
| Investmentloss(gains:negative) | -826,829,010.88 | -737,803,536.05 |
| Decreaseindeferredincometaxassets(gains:negative) | -154,867,914.83 | -127,089,601.40 |
| Increaseindeferredincometaxliabilities(decrease:negative) | 110,917,820.79 | -932,734.69 |
| Decreaseininventories(gains:negative) | -265,531,923.08 | 25,150,562.26 |
| Decreaseinaccountsreceivablegeneratedfromoperatingactivities(gains:negative) | 13,821,648.87 | 803,133,784.03 |
| Increaseinaccountspayableusedinoperatingactivities(decrease:negative) | 296,871,337.26 | -1,251,480,426.64 |
| Others | -38,449,192.67 | -13,538,617.74 |
| Netcashflowsfromoperatingactivities | -201,550,105.24 | -421,259,506.73 |
| 2.Significantinvestmentandfinancingactivitiesnotinvolvingcash | ||
| Conversionofliabilitiesintocapital | ||
| Convertiblecorporatebondsduewithinoneyear | ||
| Fixedassetsacquiredunderfinanceleases | ||
| 3.Netchangesincashandcashequivalents: |
Item
| Item | AmountoftheReportingPeriod | Amountofthepreviousperiod |
| Closingbalanceofcash | 6,030,068,656.57 | 5,903,519,802.47 |
| Less:Openingbalanceofcash | 5,461,912,010.90 | 5,968,347,219.03 |
| Plus:Closingbalanceofcashequivalents | ||
| Less:Openingbalanceofcashequivalents | ||
| Netincreaseincashandcashequivalents | 568,156,645.67 | -64,827,416.56 |
（
）NetcashpaidfortheacquisitionofsubsidiariesintheReportingPeriodNosuchcasesintheReportingPeriod.（
）NetcashreceivedforthedisposalofsubsidiariesintheReportingPeriod
| Item | AmountoftheReportingPeriod |
| CashorcashequivalentsreceivedintheReportingPeriodfromthedisposalofsubsidiariesintheReportingPeriod | 20,855,540.00 |
| Ofwhich:SichuanHongxinchenRealEstateDevelopmentCo.,Ltd. | 20,855,540.00 |
| Less:Cashandcashequivalentsheldbysubsidiariesonthedaywhencontrolislost | 2,036,650.33 |
| Ofwhich:SichuanHongxinchenRealEstateDevelopmentCo.,Ltd. | 2,036,650.33 |
| Add:CashorcashequivalentsreceivedintheReportingPeriodfromdisposalofsubsidiariesinthepriorperiod | |
| Netcashreceivedfromthedisposalofsubsidiaries | 18,818,889.67 |
（5）Cashandcashequivalents
| Item | Closingbalance | Openingbalance |
| Cash | 6,030,068,656.57 | 5,461,912,010.90 |
| Including:Cashonhand | 14.78 | |
| Bankdepositsavailableforpaymentatanytime | 6,030,068,656.57 | 5,461,911,996.12 |
| Endingbalanceofcashandcashequivalents | 6,030,068,656.57 | 5,461,912,010.90 |
66.Itemsinthestatementofchangesinshareholders'equityTherewasno"other"amounttoadjusttheamountattheendofthepreviousyearinthisperiod.
67.Assetswithrestrictedownershiporuserights
| Item | Closingcarryingvalue | Reasonsfortherestriction |
| Monetaryfunds | 878,270,149.59 | Amongthem,RMB440,390,112.54isthemargindeposit,whichispledgedforborrowing |
Item
| Item | Closingcarryingvalue | Reasonsfortherestriction |
| moneyorissuingbankacceptancebills;RMB307,603.35forfinancialsupervisionaccountfunds;RMB226,700,000.00istimedepositthatcannotbewithdrawninadvance;RMB210,872,433.70isrestrictedduetootherreasons. | ||
| Notesreceivable | 217,674,323.25 | Pledgeformakingoutaninvoice |
| Inventory | 149,679,547.48 | Affectedbythecaseoftheminorityshareholderofthesubsidiary,theinventorywaswronglyseized,andthecompanydidnotgiveuptheclaim,mortgageloan |
| Investmentproperty | 101,798,700.19 | Mortgageloan |
| Fixedassets | 1,393,456,049.65 | Mortgageloan,financingleasemortgage,originalshareholderguaranteemortgage |
| Intangibleassets | 506,091,816.68 | Mortgageloan,financingleasemortgage,originalshareholderguaranteemortgage |
| Constructioninprogress | 262,754,573.95 | Mortgageloan,financingleasemortgage |
| Total | 3,509,725,160.79 |
68.Foreigncurrencymonetaryitems
（
）Foreigncurrencymonetaryitems
| Item | ForeigncurrencybalanceattheendoftheReportingPeriod | Exchangerate | BalancesdenominatedinRMBattheendoftheperiod |
| Monetaryfunds | |||
| Including:USD | 195,999,137.08 | 7.2258 | 1,416,250,564.71 |
| EUR | 27,013.32 | 7.8771 | 212,786.62 |
| EGP | 48,519,595.32 | 0.2338 | 11,346,048.28 |
| GBP | 1.32 | 9.1432 | 12.07 |
| HKD | 10,959,014.64 | 0.9220 | 10,103,992.32 |
| CAD | 6.96 | 5.4721 | 38.09 |
| PLN | 1,969,461.89 | 1.7711 | 3,488,054.87 |
| Accountsreceivable | |||
| Including:USD | 84,267,618.26 | 7.2258 | 608,900,956.02 |
| EUR | 47,944.52 | 7.8771 | 377,663.78 |
| EGP | 11,463,548.94 | 0.2338 | 2,680,689.71 |
| HKD | 24,063,672.25 | 0.9220 | 22,186,224.54 |
| AUD | 49,764.00 | 4.7992 | 238,827.39 |
Item
| Item | ForeigncurrencybalanceattheendoftheReportingPeriod | Exchangerate | BalancesdenominatedinRMBattheendoftheperiod |
| Otheraccountsreceivable | |||
| Including:USD | 110,937,713.61 | 7.2258 | 801,613,731.00 |
| EGP | 108,000.00 | 0.2338 | 25,255.22 |
| HKD | 1,627,550.19 | 0.9220 | 1,500,568.72 |
| JPY | 21,400,000.00 | 0.0501 | 1,072,011.60 |
| Short-termloans | |||
| Including:USD | |||
| Accountspayable | |||
| Including:USD | 29,303,729.18 | 7.2258 | 211,742,886.31 |
| EUR | 133,714.16 | 7.8771 | 1,053,279.81 |
| EGP | 42,216,229.19 | 0.2338 | 9,872,039.77 |
| HKD | 454,560.50 | 0.9220 | 419,095.69 |
| Otherpayables | |||
| Including:USD | 4,767,018.12 | 7.2258 | 34,445,519.53 |
| EUR | 59,956.16 | 7.8771 | 472,280.67 |
| EGP | 47,686.00 | 0.2338 | 11,151.12 |
| HKD | 5,995,982.70 | 0.9220 | 5,528,176.13 |
（
）OverseasentitiesThesignificantoverseasentitiesincludeHongdinTrading,HongKongKonka,ChainKingdomMemoryTechnologies,Kangjietong,JialiInternational,KowinMemory(HongKong)andKonkaMobility.ThemainoverseasoperatingplaceisHongKong.TheCompany'srecordingcurrencyisHKDsincethemaincurrencyincirculationinHongKongisHKD.
69.Governmentgrants
(1)Overviewofgovernmentsubsidies
| Category | Amount | Presenteditem | AmountrecognisedasprofitandlossoftheReportingPeriod |
| IndustrialsupportfundstoAnluKonka | 40,000,000.00 | Otherincome | 40,000,000.00 |
| IndustrialsupportfundstoXi'an | 30,000,000.00 | Otherincome | 30,000,000.00 |
| SubsidyfortheMicroLEDR&DprojectofChongqingOptoelectronicTechnology | 25,000,000.00 | Deferredrevenue |
Category
| Category | Amount | Presenteditem | AmountrecognisedasprofitandlossoftheReportingPeriod |
| ResearchInstitute | |||
| SubsidyforFrestecRefrigeration | 21,250,000.00 | Deferredrevenue | |
| Others | 61,350,881.11 | Otherincome/deferredincome,etc. | 44,854,241.75 |
| Total | 177,600,881.11 | 114,854,241.75 |
(2)ReturnofGovernmentSubsidyNosuchcasesintheReportingPeriod.
VII.ChangesofConsolidationScope
1.Disposalofsubsidiaries
Subsidiary
| Subsidiary | Theequitydisposalprice(RMB'0,000) | Equitydisposalproportion(%) | Equitydisposalmethod | Controlrightlosingtimepoint | Recognitionbasisofcontrolrightlosingtimepoint | Thedifferencesofenjoyednetassetsshareofthesubsidiaryincorrespondingconsolidatedstatementsofthedisposalpriceandthedisposalinvestment(RMB'0,000) |
| SichuanHongxinchenRealEstateDevelopmentCo.,Ltd. | 3,472.00 | 31 | Transfer | 2023-2-27 | Therightsandobligationsrelatedtotheunderlyingequityhavebeentransferred | 3,256.58 |
(Continued)
| Subsidiary | Residualequityproportiononthedateoflosingcontrolpower(%) | Carryingvalueofresidualequityonthedateoflosingcontrolpower(RMB'0,000) | Fairvalueofresidualequityonthedateoflosingcontrolpower(RMB'0,000) | Gainsorlossesfromre-measurementofresidualequityatfairvalue(RMB'0,000) | Recognitionmethodandmajorassumptionsoffairvalueofremainingequityonthedaywhenthecontrolrightislost | Amountofothercomprehensiveincomerelatedtoformersubsidiariestransferredintoinvestmentprofitorloss(RMB'0,000) |
| SichuanHongxinchenRealEstateDevelopmentCo.,Ltd. | 49 | 340.51 | 5,488.00 | 5,147.49 | Evaluatedprice |
2.Changesinthescopeofconsolidationduetootherreasons
（
）NosubsidiarieswereestablishedbytheCompanyfromJanuarytoJune2023（
）TheCompany'ssubsidiariescancelledandwithdistributionofremainingassetsfromJanuarytoJune2023
Subsidiary
| Subsidiary | Registeredcapital(RMB'0,000) | Shareholdingpercentage(%) | Liquidationcompletiontime |
| AnhuiZhilian | 5,000 | 100 | 1June2023 |
八、Interestsinotherentities
1.Interestsinsubsidiaries
(1)Compositionofthebusinessgroup
No.
| No. | Subsidiary | Mainplaceofbusiness | Placeofregistration | Businessnature | Shareholdingpercentage(%) | Acquisitionmethod | |
| Direct | Indirect | ||||||
| 1 | KonkaVentures | Guangdong,Shenzhen | Guangdong,Shenzhen | Enterprisemanagementconsulting,incubationmanagement,housingleasing,etc. | 51 | Establishmentorinvestment | |
| 2 | YantaiKonka | Shandong,Yantai | Shandong,Yantai | Otherprofessionalconsultationandinvestigation | 51 | Establishmentorinvestment | |
| 3 | Chengdu,Anren | Sichuan,Chengdu | Sichuan,Chengdu | Enterpriseincubationmanagement | 51 | Establishmentorinvestment | |
| 4 | KonkaEnterpriseService | Guizhou,Guiyang | Guizhou,Guiyang | Enterprisemanagementconsulting | 51 | Establishmentorinvestment | |
| 5 | YibinKonkaIncubator | Sichuan,Yibin | Sichuan,Yibin | Commercialservices | 51 | Establishmentorinvestment | |
| 6 | AnhuiKonka | Anhui,Chuzhou | Anhui,Chuzhou | Manufacturing | 78 | Establishmentorinvestment | |
| 7 | KangzhiTrade | Anhui,Chuzhou | Anhui,Chuzhou | Wholesale | 78 | Establishmentorinvestment | |
| 8 | KonkaFactoring | Guangdong,Shenzhen | Guangdong,Shenzhen | Insuranceagents(non-bankfinance) | 100 | Establishmentorinvestment | |
| 9 | KonkaUnifortune | Guangdong,Shenzhen | Guangdong,Shenzhen | Tradeandservices | 51 | Establishmentorinvestment | |
| 10 | JialiInternational | China,HongKong | China,HongKong | Tradeandservices | 51 | Establishmentorinvestment | |
| 11 | Wankaida | Guangdong,Shenzhen | Guangdong,Shenzhen | Softwaredevelopment | 100 | Establishmentorinvestment | |
| 12 | DongguanKonka | Guangdong, | Guangdong, | Manufacturing | 75 | 25 | Establishment |
No.
| No. | Subsidiary | Mainplaceofbusiness | Placeofregistration | Businessnature | Shareholdingpercentage(%) | Acquisitionmethod | |
| Direct | Indirect | ||||||
| Dongguan | Dongguan | orinvestment | |||||
| 13 | SuiningKonkaSmart | Sichuan,Suining | Sichuan,Suining | Wholesale | 100 | Establishmentorinvestment | |
| 14 | KonkaEurope | Germany,Frankfurt | Germany,Frankfurt | Internationaltrade | 100 | Establishmentorinvestment | |
| 15 | TelecommunicationTechnology | Guangdong,Shenzhen | Guangdong,Shenzhen | Manufacturing | 75 | 25 | Establishmentorinvestment |
| 16 | KonkaMobility | China,HongKong | China,HongKong | Commerce | 100 | Establishmentorinvestment | |
| 17 | MobileInterconnection | Guangdong,Shenzhen | Guangdong,Shenzhen | Commerce | 100 | Establishmentorinvestment | |
| 18 | SichuanKonka | Sichuan,Yibin | Sichuan,Yibin | Manufacturing | 100 | Establishmentorinvestment | |
| 19 | YibinSmart | Sichuan,Yibin | Sichuan,Yibin | Manufacturing | 100 | Establishmentorinvestment | |
| 20 | AnhuiTongchuang | Anhui,Chuzhou | Anhui,Chuzhou | Manufacturing | 100 | Establishmentorinvestment | |
| 21 | AnhuiElectricalAppliance | Anhui,Chuzhou | Anhui,Chuzhou | Manufacturing | 51 | Establishmentorinvestment | |
| 22 | FrestecRefrigeration | Henan,Xinxiang | Henan,Xinxiang | Manufacturing | 51 | Establishmentorinvestment | |
| 23 | FrestecSmartHome | Henan,Xinxiang | Henan,Xinxiang | Manufacturing | 51 | Establishmentorinvestment | |
| 24 | FrestecElectricalAppliances | Henan,Xinxiang | Henan,Xinxiang | Manufacturing | 51 | Establishmentorinvestment | |
| 25 | FrestecHouseholdAppliances | Henan,Xinxiang | Henan,Xinxiang | Manufacturing | 51 | Establishmentorinvestment | |
| 26 | JiangsuKonkaSmart | Jiangsu,Changzhou | Jiangsu,Changzhou | Manufacturing | 51 | Establishmentorinvestment | |
No.
| No. | Subsidiary | Mainplaceofbusiness | Placeofregistration | Businessnature | Shareholdingpercentage(%) | Acquisitionmethod | |
| Direct | Indirect | ||||||
| 27 | Kangjiatong | Sichuan,Yibin | Sichuan,Yibin | Tradeandservices | 100 | Establishmentorinvestment | |
| 28 | PengrunTechnology | Guangdong,Shenzhen | Guangdong,Shenzhen | Tradeandservices | 51 | Establishmentorinvestment | |
| 29 | JiaxinTechnology | China,HongKong | China,HongKong | Tradeandservices | 51 | Establishmentorinvestment | |
| 30 | BeijingKonkaElectronic | Beijing | Beijing | Saleofhomeappliance | 100 | Establishmentorinvestment | |
| 31 | TianjinKonka | TianjinPilotFreeTradeZone | TianjinPilotFreeTradeZone | ServiceIndustry | 100 | Establishmentorinvestment | |
| 32 | KonkaCircuit | Guangdong,Shenzhen | Guangdong,Shenzhen | Manufacturing | 100 | Establishmentorinvestment | |
| 33 | BoluoPrecision | Guangdong,Boluo | Guangdong,Boluo | Manufacturing | 100 | Establishmentorinvestment | |
| 34 | BoluoKonka | Guangdong,Boluo | Guangdong,Boluo | Manufacturing | 100 | Establishmentorinvestment | |
| 35 | HongKongKonka | China,HongKong | China,HongKong | Internationaltrade | 100 | Establishmentorinvestment | |
| 36 | HongdinInvest | China,HongKong | China,HongKong | Investmentholding | 100 | Establishmentorinvestment | |
| 37 | ChainKingdomMemoryTechnologies | China,HongKong | China,HongKong | Internationaltrade | 51 | Establishmentorinvestment | |
| 38 | ChainKingdomMemoryTechnologies(Shenzhen) | Guangdong,Shenzhen | Guangdong,Shenzhen | Tradeandservices | 51 | Establishmentorinvestment | |
| 39 | Hongjet | China,HongKong | China,HongKong | Tradeandservices | 51 | Establishmentorinvestment | |
| 40 | HongdinTrading | China,HongKong | China,HongKong | Internationaltrade | 100 | Establishmentorinvestment | |
No.
| No. | Subsidiary | Mainplaceofbusiness | Placeofregistration | Businessnature | Shareholdingpercentage(%) | Acquisitionmethod | |
| Direct | Indirect | ||||||
| 41 | KanghaoTechnology | Egypt,Cairo | Egypt,Cairo | Internationaltrade | 67 | Establishmentorinvestment | |
| 42 | KonkaNorthAmerica | America,California | America,California | Internationaltrade | 100 | Establishmentorinvestment | |
| 43 | KonkaInvestment | Guangdong,Shenzhen | Guangdong,Shenzhen | Capitalmarketservices | 100 | Establishmentorinvestment | |
| 44 | YibinKonkaTechnologyPark | Sichuan,Yibin | Sichuan,Yibin | Industrialparkdevelopmentandoperationmanagement | 100 | Establishmentorinvestment | |
| 45 | KonkaCapital | Guangdong,Shenzhen | Guangdong,Shenzhen | Capitalmarketservices | 100 | Establishmentorinvestment | |
| 46 | KonkaSuiyong | Guangdong,Shenzhen | Guangdong,Shenzhen | Commercialservices | 51 | Establishmentorinvestment | |
| 47 | ShengxingIndustrial | Guangdong,Shenzhen | Guangdong,Shenzhen | Commercialservices | 51 | Establishmentorinvestment | |
| 48 | ZhitongTechnology | Guangdong,Shenzhen | Guangdong,Shenzhen | Softwareandinformationtechnologyservices | 51 | Establishmentorinvestment | |
| 49 | ElectronicsTechnology | Guangdong,Shenzhen | Guangdong,Shenzhen | Manufacturing | 100 | Establishmentorinvestment | |
| 50 | ShenzhenKangcheng | Guangdong,Shenzhen | Guangdong,Shenzhen | Softwareandinformationtechnologyservices | 100 | Establishmentorinvestment | |
| 51 | XiaojiaTechnology | Guangdong,Shenzhen | Guangdong,Shenzhen | Retailtrade | 100 | Establishmentorinvestment | |
| 52 | HaimenKonka | Jiangsu,Nantong | Jiangsu,Nantong | Tradeandservices | 100 | Establishmentorinvestment | |
| 53 | ChengduKonkaSmart | Sichuan,Chengdu | Sichuan,Chengdu | Tradeandservices | 100 | Establishmentorinvestment | |
| 54 | ChengduKonkaElectronic | Sichuan,Chengdu | Sichuan,Chengdu | Manufacturing | 100 | Establishmentorinvestment | |
| 55 | XingDaHongYe | Guangdong,Zhongshan | Guangdong,Zhongshan | Manufacturing | 51 | Establishmentorinvestment | |
No.
| No. | Subsidiary | Mainplaceofbusiness | Placeofregistration | Businessnature | Shareholdingpercentage(%) | Acquisitionmethod | |
| Direct | Indirect | ||||||
| 56 | LiaoyangKangshunSmart | Liaoning,Liaoyang, | Liaoning,Liaoyang | Wholesale | 100 | Establishmentorinvestment | |
| 57 | LiaoyangKangshunRenewable | Liaoning,Liaoyang, | Liaoning,Liaoyang | Comprehensiveutilisationofrenewableresources | 100 | Establishmentorinvestment | |
| 58 | NanjingKonka | Jiangsu,Nanjing | Jiangsu,Nanjing | Wholesale | 100 | Establishmentorinvestment | |
| 59 | KonkaHuanjia | Liaoning,Dalian | Liaoning,Dalian | Renewableresourcesprocessingtrade | 51 | Establishmentorinvestment | |
| 60 | KonkaHuanjia(Henan) | Henan,Lankao | Henan,Lankao | Renewableresourcesprocessingtrade | 51 | Establishmentorinvestment | |
| 61 | ShanghaiKonka | Shanghai | Shanghai | Realestate | 100 | Establishmentorinvestment | |
| 62 | YantaiKangjin | Shandong,Yantai | Shandong,Yantai | Realestate | 62.8 | Establishmentorinvestment | |
| 63 | JiangxiKonka | Jiangxi,Jiujiang | Jiangxi,Jiujiang | Manufacturingandprocessing | 51 | Establishmentorinvestment | |
| 64 | XinfengMicrocrystalline | Jiangxi,Nanchang | Jiangxi,Nanchang | Manufacturingandprocessing | 51 | Establishmentorinvestment | |
| 65 | JiangsuKonkaSpecialMaterial | Jiangsu,Yancheng | Jiangsu,Yancheng | Wholesale | 51 | Establishmentorinvestment | |
| 66 | ShenzhenNianhua | Guangdong,Shenzhen | Guangdong,Shenzhen | Commercialservices | 100 | Establishmentorinvestment | |
| 67 | ShenzhenKONSEMI | Guangdong,Shenzhen | Guangdong,Shenzhen | Semiconductors | 100 | Establishmentorinvestment | |
| 68 | ChongqingKonka | Chongqing | Chongqing | Softwareandinformationtechnologyservices | 100 | Establishmentorinvestment | |
| 69 | KonkaEco-Development | Guangdong,Shenzhen | Guangdong,Shenzhen | Commercialservices | 51 | Establishmentorinvestment | |
| 70 | SuiningKonkaIndustrialPark | Sichuan,Suining | Sichuan,Suining | Industrialparkdevelopmentandoperationmanagement | 100 | Establishmentorinvestment | |
No.
| No. | Subsidiary | Mainplaceofbusiness | Placeofregistration | Businessnature | Shareholdingpercentage(%) | Acquisitionmethod | |
| Direct | Indirect | ||||||
| 71 | KonkaRonghe | Zhejiang,Jiaxing | Zhejiang,Jiaxing | Wholesaleandretailtrade | 51 | Establishmentorinvestment | |
| 72 | SuiningElectronicTechnologicalInnovation | Sichuan,Suining | Sichuan,Suining | Commercialservices | 100 | Establishmentorinvestment | |
| 73 | ShenzhenChuangzhiElectricalAppliances | Guangdong,Shenzhen | Guangdong,Shenzhen | Wholesale | 100 | Establishmentorinvestment | |
| 74 | Kanghong(Yantai)EnvironmentalProtection | Shandong,Yantai | Shandong,Yantai | Comprehensiveutilisationofabandonedresources | 51 | Establishmentorinvestment | |
| 75 | ChongqingKangxingrui | Chongqing | Chongqing | Recycling,processingandsalesofrenewableresources | 51 | Establishmentorinvestment | |
| 76 | ChongqingKangxingruiAutomobileRecycling | Chongqing | Chongqing | Recycling,processingandsalesofwasteresources | 51 | Establishmentorinvestment | |
| 77 | ChongqingOptoelectronicTechnology | Chongqing | Chongqing | Research&experimentdevelopment | 70 | 5 | Establishmentorinvestment |
| 78 | KowinMemory(Shenzhen) | Guangdong,Shenzhen | Guangdong,Shenzhen | Computer,telecommunicationsandotherelectronicequipmentmanufacturing | 100 | Establishmentorinvestment | |
| 79 | KonkaXinyunSemiconductor | Jiangsu,Yancheng | Jiangsu,Yancheng | Computer,telecommunicationsandotherelectronicequipmentmanufacturing | 100 | Establishmentorinvestment | |
| 80 | Jiangkang(Shanghai)Technology | Shanghai | Shanghai | Research&experimentdevelopment | 51 | Establishmentorinvestment | |
| 81 | NingboKanghrElectricalAppliance | Zhejiang,Ningbo | Zhejiang,Ningbo | Electricalmachineryandequipmentmanufacturing | 60 | Establishmentorinvestment | |
No.
| No. | Subsidiary | Mainplaceofbusiness | Placeofregistration | Businessnature | Shareholdingpercentage(%) | Acquisitionmethod | |
| Direct | Indirect | ||||||
| 82 | KonkaIntelligentManufacturing | Guangdong,Shenzhen | Guangdong,Shenzhen | Research&experimentdevelopment | 51 | Establishmentorinvestment | |
| 83 | SuiningJiarunProperty | Sichuan,Suining | Sichuan,Suining | Realestate | 100 | Establishmentorinvestment | |
| 84 | YibinKangrun | Sichuan,Yibin | Sichuan,Yibin | Ecologicalprotectionandenvironmentalgovernanceservices | 67 | Establishmentorinvestment | |
| 85 | KonkaMaterial | Hainan,Haikou | Hainan,Haikou | Commercialservices | 100 | Establishmentorinvestment | |
| 86 | JiangxiHighTransparentSubstrate | Jiangxi,Jiujiang | Jiangxi,Jiujiang | Manufacturingandprocessing | 51 | Establishmentorinvestment | |
| 87 | NantongHongdin | Jiangsu,Nantong | Jiangsu,Nantong | Computer,telecommunicationsandotherelectronicequipmentmanufacturing | 100 | Establishmentorinvestment | |
| 88 | ChuzhouKonka | Anhui,Chuzhou | Anhui,Chuzhou | Manufacturing | 94.9 | Establishmentorinvestment | |
| 89 | KonkaSoftElectronic | Sichuan,Suining | Sichuan,Suining | Manufacturing | 97.5 | Establishmentorinvestment | |
| 90 | KonkaHongyeElectronics | Sichuan,Suining | Sichuan,Suining | Manufacturing | 95.05 | Establishmentorinvestment | |
| 91 | KowinMemory(HongKong) | China,HongKong | China,HongKong | Wholesaleofcomputers,softwareandauxiliaryequipment | 100 | Establishmentorinvestment | |
| 92 | IndustrialandTradeTechnology | Guangdong,Shenzhen | Guangdong,Shenzhen | Wholesale | 100 | Establishmentorinvestment | |
| 93 | KonkaHuazhong | Hunan,Changsha | Hunan,Changsha | Commercialservices | 100 | Establishmentorinvestment | |
| 94 | YibinKangrunMedical | Sichuan,Yibin | Sichuan,Yibin | Ecologicalprotectionandenvironmentalgovernanceservices | 63.65 | Establishmentorinvestment | |
No.
| No. | Subsidiary | Mainplaceofbusiness | Placeofregistration | Businessnature | Shareholdingpercentage(%) | Acquisitionmethod | |
| Direct | Indirect | ||||||
| 95 | YibinKangrunEnvironmentalProtection | Sichuan,Yibin | Sichuan,Yibin | Ecologicalprotectionandenvironmentalgovernanceservices | 40.87 | Establishmentorinvestment | |
| 96 | ShaanxiKonkaIntelligent | Shaanxi,Xi'an | Shaanxi,Xi'an | Manufactureofhouseholdcleaningandsanitaryelectricalappliances | 51 | Establishmentorinvestment | |
| 97 | ChongqingXinyuanSemiconductor | Chongqing | Chongqing | Scienceandtechnologypromotionandapplicationservices | 75 | Establishmentorinvestment | |
| 98 | AnluKonka | Guangdong,Shenzhen | Guangdong,Shenzhen | Softwareandinformationtechnologyservices | 100 | Establishmentorinvestment | |
| 99 | KanghongDongsheng | Guangdong,Shenzhen | Guangdong,Shenzhen | Commercialservices | 95.09 | Establishmentorinvestment | |
| 100 | GuizhouKonkaNewMaterialTechnology | Guizhou,QiannanBuyiandMiaoAutonomousPrefecture | Guizhou,QiannanBuyiandMiaoAutonomousPrefecture | Manufacturingandprocessing | 51 | Establishmentorinvestment | |
| 101 | GuizhouKangguiEnergy | Guizhou,QiannanBuyiandMiaoAutonomousPrefecture | Guizhou,QiannanBuyiandMiaoAutonomousPrefecture | Wholesaleandretailtrade | 100 | Establishmentorinvestment | |
| 102 | GuangdongXinwei | Guangdong,Lvfeng | Guangdong,Lvfeng | Semiconductors | 100 | Establishmentorinvestment | |
| 103 | KangxinrunRenewableResources | Chongqing | Chongqing | Recycling,processingandsalesofrenewableresources | 51 | Establishmentorinvestment | |
| 104 | GuizhouKangguiMaterialTechnology | Guizhou,QiannanBuyiandMiaoAutonomousPrefecture | Guizhou,QiannanBuyiandMiaoAutonomousPrefecture | Manufacturingandprocessing | 70 | Establishmentorinvestment | |
No.
| No. | Subsidiary | Mainplaceofbusiness | Placeofregistration | Businessnature | Shareholdingpercentage(%) | Acquisitionmethod | |
| Direct | Indirect | ||||||
| 105 | NantongKanghai | Jiangsu,Nantong | Jiangsu,Nantong | Realestate | 51 | Establishmentorinvestment | |
| 106 | ChongqingKangyiyun | Chongqing | Chongqing | Realestate | 80 | Establishmentorinvestment | |
| 107 | JiangxiKonkaHigh-techPark | Jiangxi,Shangrao | Jiangxi,Shangrao | Commercialservices | 100 | Establishmentorinvestment | |
| 108 | ShangraoKonkaElectronicTechnologyInnovation | Jiangxi,Shangrao | Jiangxi,Shangrao | Research&experimentdevelopment | 100 | Establishmentorinvestment | |
| 109 | GuizhouKonkaNewEnergy | Guizhou,Kaili | Guizhou,Kaili | Manufactureofnon-metallicmineralproducts | 98 | Establishmentorinvestment | |
| 110 | ZhejiangKonkaElectronic | Zhejiang,Shaoxing | Zhejiang,Shaoxing | Research&experimentdevelopment | 100 | Establishmentorinvestment | |
| 111 | ZhejiangKonkaTechnologyIndustry | Zhejiang,Shaoxing | Zhejiang,Shaoxing | Commercialservices | 51 | 49 | Establishmentorinvestment |
| 112 | Xi'anKonkaIntelligent | Shaanxi,Xi'an | Shaanxi,Xi'an | Wholesale | 51 | Establishmentorinvestment | |
| 113 | Xi'anKonkaNetwork | Shaanxi,Xi'an | Shaanxi,Xi'an | Computer,telecommunicationsandotherelectronicequipmentmanufacturing | 100 | Establishmentorinvestment | |
| 114 | Xi'anKanghongTechnologyIndustry | Shaanxi,Xi'an | Shaanxi,Xi'an | Commercialservices | 40 | 60 | Establishmentorinvestment |
| 115 | Xi'anKonkaIntelligentTechnology | Shaanxi,Xi'an | Shaanxi,Xi'an | Retailtrade | 100 | Establishmentorinvestment | |
| 116 | ChongqingKonkaLowCarbon | Chongqing | Chongqing | Wholesale | 55 | Establishmentorinvestment | |
| 117 | KanghongXintong | Guangdong,Shenzhen | Guangdong,Shenzhen | Commercialservices | 95.09 | Establishmentorinvestment | |
| 118 | SongyangIndustryOperation | Zhejiang,Lishui | Zhejiang,Lishui | Softwareandinformationtechnologyservices | 51 | Establishmentorinvestment | |
No.
| No. | Subsidiary | Mainplaceofbusiness | Placeofregistration | Businessnature | Shareholdingpercentage(%) | Acquisitionmethod | |
| Direct | Indirect | ||||||
| 119 | KangyanTechnology | Guangdong,Shenzhen | Guangdong,Shenzhen | Computer,telecommunicationsandotherelectronicequipmentmanufacturing | 100 | Establishmentorinvestment | |
| 120 | KonkaPhotovoltaicTechnology | Zhejiang,Hangzhou | Zhejiang,Hangzhou | Scienceandtechnologypromotionandapplicationservices | 60 | Establishmentorinvestment | |
| 121 | SongyangKonkaIntelligent | Zhejiang,Lishui | Zhejiang,Lishui | Wholesale | 100 | Establishmentorinvestment | |
| 122 | KonkaNorthChina | Tianjin | Tianjin | Electricalmachineryandequipmentmanufacturing | 100 | Establishmentorinvestment | |
| 123 | ZhongshanKanghong | Guangdong,Zhongshan | Guangdong,Zhongshan | Computer,telecommunicationsandotherelectronicequipmentmanufacturing | 51 | Establishmentorinvestment | |
| 124 | DigitalTechnology | Guangdong,Shenzhen | Guangdong,Shenzhen | Softwareandinformationtechnologyservices | 100 | Establishmentorinvestment | |
（
）Majornon-wholly-ownedsubsidiaries
| Subsidiary | Shareholdingofminorityshareholders | ProfitorlossattributabletominorityshareholdersintheReportingPeriod | DividendsdeclaredtobedistributedtominorityshareholdersintheReportingPeriod | Closingbalanceofminorityshareholders'equities |
| AnhuiKonkaElectronicCo.,Ltd. | 22.00% | -2,653,734.78 | 122,251,966.99 |
（
）Keyfinancialdataonmajornon-wholly-ownedsubsidiaries
| Subsidiary | Closingbalance | |||||
| Currentassets | Non-currentassets | Totalassets | Currentliabilities | Non-currentliabilities | Totalliabilities | |
AnhuiKonkaElectronicCo.,Ltd.
| AnhuiKonkaElectronicCo.,Ltd. | 2,936,026,320.29 | 868,495,196.06 | 3,804,521,516.35 | 3,061,042,160.51 | 187,788,596.78 | 3,248,830,757.29 |
(Continued)
| Subsidiary | Openingbalance | |||||
| Currentassets | Non-currentassets | Totalassets | Currentliabilities | Non-currentliabilities | Totalliabilities | |
| AnhuiKonkaElectronicCo.,Ltd. | 1,128,527,494.45 | 876,466,424.50 | 2,004,993,918.95 | 1,231,359,349.01 | 205,826,622.59 | 1,437,185,971.60 |
(Continued)
| Subsidiary | AmountincurredintheReportingPeriod | |||
| Operatingincome | Netprofit | Totalcomprehensiveincome | Cashflowsfromoperatingactivities | |
| AnhuiKonkaElectronicCo.,Ltd. | 972,416,661.43 | -12,062,430.83 | -12,062,430.83 | 6,806,364.98 |
(Continued)
| Subsidiary | Amountincurredinthepreviousperiod | |||
| Operatingincome | Netprofit | Totalcomprehensiveincome | Cashflowsfromoperatingactivities | |
| AnhuiKonkaElectronicCo.,Ltd. | 2,943,030,518.60 | -1,594,092.50 | -1,594,092.50 | 6,078,558.09 |
2.Interestsinjointventuresorassociatedenterprises
（
）Majorjointventuresorassociatedenterprises
Nameofthe
jointventureorassociatedenterprise
| Nameofthejointventureorassociatedenterprise | Mainplaceofbusiness | Placeofregistration | Businessnature | Shareholdingpercentage(%) | Accountingprocessingmethodforinvestmentinjointventuresorassociatedenterprises | |
| Direct | Indirect | |||||
| DongfangJiakangNo.1(Zhuhai)PrivateEquityInvestmentFund(LP) | Zhuhai | Zhuhai | Investmentmanagement | 49.95 | Equitymethod | |
| ShenzhenJielunteTechnologyCo.,Ltd. | Shenzhen | Shenzhen | Professionalmachinerymanufacturing | 42.79 | Equitymethod | |
(2)Mainfinancialinformationofsignificantassociatedenterprise
| Item | Closingbalance/amountincurredintheReportingPeriod | |
| DongfangJiakangNo.1(Zhuhai)PrivateEquityInvestmentFund(LP) | ShenzhenJielunteTechnologyCo.,Ltd. | |
| Currentassets | 974,113,527.00 | 267,654,771.54 |
| Non-currentassets | 316,561,987.27 | |
| Totalassets | 974,113,527.00 | 584,216,758.81 |
| Currentliabilities | 10,001,480.00 | 249,764,867.78 |
| Non-currentliabilities | 114,249,555.56 | |
| Totalliabilities | 10,001,480.00 | 364,014,423.34 |
| Equitiesofminorityshareholders | 10,838,453.25 | |
| Equitiesattributabletoshareholdersoftheparentcompany | 964,112,047.00 | 209,363,882.22 |
| Shareofnetassetscalculatedbasedontheshareholding | 479,962,498.20 | 95,588,971.94 |
| Adjustments | ||
| -Goodwill | ||
| -Internalunrealisedprofit | ||
| -Others | ||
| Carryingvalueofequityinvestments | 479,962,498.20 | 95,588,971.94 |
Item
| Item | Closingbalance/amountincurredintheReportingPeriod | |
| DongfangJiakangNo.1(Zhuhai)PrivateEquityInvestmentFund(LP) | ShenzhenJielunteTechnologyCo.,Ltd. | |
| inassociatedenterprises | ||
| Fairvaluesofequityinvestmentsofjointventureswithquotedprices | ||
| Operatingincome | 168,815,683.51 | |
| Financecosts | -284,133.17 | 1,539,262.28 |
| Incometaxexpense | 2,245,248.55 | |
| Netprofit | 25,641,054.77 | -13,237,135.87 |
| Netprofitfromdiscontinuedoperations | ||
| Othercomprehensiveincome | ||
| Totalcomprehensiveincome | 25,641,054.77 | -13,237,135.87 |
| DividendsreceivedfromthejointventureintheReportingPeriod | ||
(Continued)
| Item | Openingbalance/amountincurredinthepreviousperiod | |
| DongfangJiakangNo.1(Zhuhai)PrivateEquityInvestmentFund(LP) | ShenzhenJielunteTechnologyCo.,Ltd. | |
| Currentassets | 971,913,521.98 | 253,227,910.38 |
| Non-currentassets | 288,320,463.89 | |
| Totalassets | 971,913,521.98 | 541,548,374.27 |
| Currentliabilities | 3,340.00 | 233,990,644.75 |
| Non-currentliabilities | 74,263,430.52 | |
| Totalliabilities | 3,340.00 | 308,254,075.27 |
| Equitiesofminorityshareholders | 12,856,913.14 | |
| Equitiesattributabletoshareholdersoftheparentcompany | 971,910,181.98 | 220,437,385.86 |
| Shareofnetassetscalculatedbasedontheshareholding | 483,905,786.35 | 99,748,594.97 |
| Adjustments | ||
| -Goodwill | ||
| -Internalunrealisedprofit | ||
| -Others | ||
| Carryingvalueofequityinvestments | 483,905,786.35 | 99,748,594.97 |
inassociatedenterprises
| inassociatedenterprises | ||
| Fairvaluesofequityinvestmentsofjointventureswithquotedprices | ||
| Operatingincome | 182,061,953.26 | |
| Financecosts | -229,796.85 | -1,371,564.48 |
| Incometaxexpense | -1,984,423.47 | |
| Netprofit | -2,383,969.26 | 248,699.00 |
| Netprofitfromdiscontinuedoperations | ||
| Othercomprehensiveincome | ||
| Totalcomprehensiveincome | -2,383,969.26 | 248,699.00 |
| DividendsreceivedfromthejointventureintheReportingPeriod |
(3)Combinedfinancialdataoninsignificantjointventuresandassociatedenterprises
| Item | Closingbalance/amountincurredintheReportingPeriod | Openingbalance/amountincurredinthepreviousperiod |
| Associatedenterprises | ||
| Totalcarryingvalueofinvestment | 5,312,570,959.14 | 5,767,578,574.26 |
| Thetotaloffollowingitemsaccordingtotheshareholdingproportions | ||
| Netprofit | -37,153,622.36 | 60,936,191.32 |
| Othercomprehensiveincome | -38,929.34 | |
| Totalcomprehensiveincome | -37,153,622.36 | 60,897,261.98 |
IX.TheRiskRelatedtoFinancialInstrumentsTheCompany'smainfinancialinstrumentsincludeborrowings,accountsreceivable,accountspayable,tradingfinancialassetsandliabilities,etc.PleaserefertoNoteVIfordetaileddescriptionsofvariousfinancialinstruments.TherisksrelatedtothesefinancialinstrumentsandtheriskmanagementpoliciesadoptedbytheCompanytomitigatetheserisksaredescribedbelow.TheManagementoftheCompanymanagesandmonitorstheseriskexposurestoensurethattheserisksarecontrolledwithinalimitedscope.
1.VariousriskmanagementobjectivesandpoliciesThegoalsoftheCompanyengagedintheriskmanagementaretoachievetheproperbalancebetweentherisksandbenefits,reducethenegativeimpacttotheCompanyoperatingperformancerisktoaminimum,andmaximisetheprofitsofshareholdersandotherequityinvestors.Basedontheriskmanagementgoal,thebasicstrategyoftheCompany'sriskmanagementisdeterminingandanalysingthevariousrisksfacedbytheCompany,settingupthebottomlineofriskand
conductingappropriateriskmanagement,andtimelysupervisingvariousrisksinareliablewayandcontrollingtheriskwithintherangeoflimit.
(1)Marketrisk
1)ForeignexchangeriskForeignexchangeriskreferstotherisksthatmayleadtolossesduetofluctuationinexchangerate.TheforeignexchangeriskbornebytheCompanyisrelatedtoUSD.ExcepttheprocurementandsalesinUSDoftheCompany'ssubsidiariesHongKongKonka,HongdinTrading,ChainKingdomMemoryTechnologies,HongjetandJiali,theCompany'sotherprimarybusinessactivitiesaresettledinRMB.ThecurrencyriskarisingfromtheassetsandliabilitiesofsuchbalanceinUSDmayaffecttheGroup'soperatingresults.Asof30June2023,theCompany'sassetsandliabilitiesweremainlythebalanceinRMBexceptfortheassetsorliabilitiesofabalanceinUSDaslistedbelow.
Item
| Item | Balanceattheendoftheperiod | Balanceatthebeginningoftheperiod |
| Monetaryfunds | 195,999,137.08 | 106,315,046.38 |
| Accountsreceivable | 84,267,618.26 | 86,909,542.13 |
| Otheraccountsreceivable | 110,937,713.61 | 111,545,094.65 |
| Short-termloans | 15,090,462.34 | |
| Accountspayable | 29,303,729.18 | 24,084,328.20 |
| Otherpayables | 4,767,018.12 | 205,546.18 |
| Interestpayable | 10,875.01 |
TheCompanypayscloseattentiontotheimpactofexchangeratechangesontheCompany'sforeignexchangerisk,andrequiresmajorcompaniesintheGroupthatpurchaseandsellinforeigncurrencytopayattentiontothechangesinforeigncurrencyassetsandliabilities,managetheGroup'sforeigncurrencynetassetexposureinaunifiedway,implementsinglecurrencysettlement,andreducethescaleofforeigncurrencyassetsandliabilities,soastoreduceforeignexchangeriskexposure.
2)Interestraterisk
TheCompanybearsinterestrateriskduetointerestratechangesofinterest-bearingfinancialassetsandliabilities.TheCompany'sinterestbearingfinancialassetsaremainlybankdeposits,ofwhichthevariableinterestrateismostlyshort-term,whiletheinterestbearingfinancialliabilitiesaremainlybankloansandcorporatebonds.TheCompany'slong-termborrowingsfrombanksandcorporationbondsareatfixedinterestrates.Theriskofcashflowchangesoffinancialinstrumentscausedbyinterestratechangesismainlyrelatedtoshort-termborrowingsfrombankswithfloatinginterestrates.TheCompany'spolicyistomaintainthefloatinginterestratesofsuchborrowingstoeliminatethefairvalueriskofinterestratechanges.Asof30June2023,the
balanceofsuchshort-termborrowingswasRMB6,779,845,746.13.
(2)CreditriskAsof30June2023,themaximumcreditriskexposurethatmaycausefinanciallossestotheCompanymainlycamefromlossesgeneratedfromtheCompany'sfinancialassetsduetofailureoftheotherpartyinacontracttoperformitsobligationsandthefinancialguaranteeundertakenbytheCompany,including:
Thecarryingamountoffinancialassetsrecognisedintheconsolidatedbalancesheet;forfinancialinstrumentsmeasuredatfairvalue,thebookvaluereflectstheirriskexposure,butnotthemaximumriskexposure,andthemaximumriskexposurewillchangewiththechangeoffuturefairvalue.Inordertoreducecreditrisk,theCompanyhassetupagrouptodeterminethecreditlimit,conductcreditapproval,andimplementothermonitoringprocedurestoensurethatnecessarymeasuresaretakentorecoveroverdueclaims.Inaddition,theCompanyreviewstherecoveryofeachsinglereceivableoneachbalancesheetdatetoensurethatsufficientprovisionforbaddebtsismadefortheunrecoverableamount.Therefore,theCompany'smanagementbelievesthattheCompany'screditriskhasbeengreatlyreduced.TheCompany'sworkingcapitalisdepositedinbankswithahighcreditrating,sothecreditriskofworkingcapitalislow.TheCompanyhasadoptednecessarypoliciestoensurethatallcustomershavegoodcreditrecords.Exceptforthetopfivecustomersintermsoftheamountofaccountsreceivable,theCompanyhasnoothermajorcreditconcentrationrisk.ForthefinancialassetsoftheCompanythathavebeenindividuallyimpaired,pleasereferto4.AccountsReceivableand7.OtherReceivablesinNoteVI.
(3)Liquidityrisk
LiquidityriskreferstotheriskthattheCompanyisunabletofulfilitsfinancialobligationsontheduedate.TheCompanymanagesliquidityriskinthemethodofensuringthatthereissufficientliquiditytofulfildebtobligationswithoutcausingunacceptablelossordamagetotheCompany'sreputation.Inordertomitigatetheliquidityrisk,theManagementoftheCompanyhascarriedoutadetailedinspectionontheliquidityofthecompany,includingthematurityofaccountspayableandotherpayables,bankcreditlineandbondfinancing.TheconclusionisthattheCompanyhassufficientfundstomeettheneedsoftheGroup'sshort-termdebtsandcapitalexpenditure.
TheanalysisofthefinancialassetsandfinancialliabilitiesheldbytheCompanybasedonthematurityperiodoftheundiscountedremainingcontractualobligationsisasfollows:
Amountasof30June2023:
Item
| Item | Withinoneyear | Onetotwoyears | Twotofiveyears | Overfiveyears | Total |
| Financialassets | |||||
| Monetaryfunds | 6,908,338,806.16 | 6,908,338,806.16 | |||
| Held-for-tradingfinancialassets | 743,307,489.50 | 743,307,489.50 | |||
| Notesreceivable | 593,966,294.88 | 593,966,294.88 | |||
| Accountsreceivable | 1,637,812,189.62 | 207,340,829.26 | 242,781,248.64 | 60,288.01 | 2,087,994,555.53 |
| Otheraccountsreceivable | 538,800,413.35 | 245,611,216.94 | 631,274,801.06 | 16,280.00 | 1,415,702,711.35 |
| Currentportionofnon-currentassets | 3,630,000.00 | 3,630,000.00 | |||
| Long-termreceivables | 800,400.00 | 800,400.00 | |||
| Othercurrentassets | 2,418,192,160.84 | 2,418,192,160.84 | |||
| Financialliabilities | |||||
| Short-termloans | 6,779,845,746.13 | 6,779,845,746.13 | |||
| Notespayable | 1,156,546,919.70 | 1,156,546,919.70 | |||
| Accountspayable | 2,576,717,410.79 | 102,890,328.05 | 243,352,180.52 | 4,025,966.96 | 2,926,985,886.32 |
| Otherpayables | 1,244,725,162.97 | 171,062,266.84 | 273,145,282.32 | 39,705,128.63 | 1,728,637,840.76 |
| Payrollpayable | 182,043,941.42 | 182,043,941.42 | |||
| Non-currentliabilitiesduewithinoneyear | 5,320,279,660.98 | 5,320,279,660.98 | |||
| Long-termloans | 3,619,780,819.43 | 2,967,359,468.60 | 586,268,212.71 | 7,173,408,500.74 | |
| Bondspayable | 830,105,052.33 | 2,465,451,823.93 | 3,295,556,876.26 | ||
| Long-termpayables | 1,562,290.65 | 5,310,831.86 | 6,873,122.51 |
2.SensitivityanalysisTheCompanyadoptssensitivityanalysistechnologytoanalysethepossibleimpactofreasonableandpossiblechangesofriskvariablesoncurrentprofits/lossesorshareholders'equity.Asanyriskvariablerarelychangesinisolation,andthecorrelationbetweenvariableswillhaveasignificanteffectonthefinalimpactamountofthechangeofariskvariable,thefollowingcontentisbasedontheassumptionthatthechangeofeachvariableisindependent.
(1)SensitivityanalysisofforeignexchangeriskAssumptionforthesensitivityofforeignexchangerisk:Allnetinvestmenthedgingandcashflowhedgingofoverseasoperationsarehighlyeffective.Onthebasisoftheaboveassumption,undertheconditionthatothervariablesremainunchanged,theimpactofreasonablechangesintheexchangerateoncurrentprofits/lossesandequityaftertaxisasfollows:
Item
| Item | Exchangeratefluctuations | Closingbalance | |
| Impactonnetprofit | Impactonshareholders'equity | ||
| USD | Appreciationof1%againstRMB | 22,249,707.57 | 17,750,467.03 |
| USD | Depreciationof1%againstRMB | -22,249,707.57 | -17,750,467.03 |
(2)SensitivityanalysisofinterestrateriskSensitivityanalysisofinterestrateriskisbasedonthefollowingassumptions:
Changesinmarketinterestratesaffecttheinterestincomeorexpenseoffinancialinstrumentswithvariableinterestrates;
Forfinancialinstrumentswithfixedinterestratesmeasuredatfairvalue,marketinterestratechangesaffectonlytheirinterestincomeorexpense;
Changesinthefairvaluesofderivativefinancialinstrumentsandotherfinancialassetsandliabilitiesarecalculatedatthemarketinterestrateonthebalancesheetdatebydiscountedcashflow.
Onthebasisoftheaboveassumptionsandundertheconditionthatothervariablesremainunchanged,theimpactofreasonablechangesintheinterestrateoncurrentprofits/lossesandequityaftertaxisasfollows:
| Item | Interestratefluctuations | Closingbalance | |
| Impactonnetprofit | Impactonshareholders'equity | ||
| Borrowingsatfloatinginterest | Up0.5% | -25,773,357.94 | -24,732,737.56 |
rates
| rates | |||
| Borrowingsatfloatinginterestrates | Down0.5% | 25,773,357.94 | 24,732,737.56 |
X.TheDisclosureofFairValue
1.Closingfairvalueofassetsandliabilitiesmeasuredatfairvalue
Item
| Item | Closingfairvalue | |||
| Level-1fairvaluemeasurement | Level-2fairvaluemeasurement | Level-3fairvaluemeasurement | Total | |
| I.Continuousfairvaluemeasurement | ||||
| (I)Held-for-tradingfinancialassets | ||||
| 1.FinancialassetsmeasuredatfairvaluethroughprofitandlossfortheReportingPeriod | ||||
| (II)Accountsreceivablefinancing | 344,155,903.39 | 344,155,903.39 | ||
| (III)Otherequityinvestments | ||||
| (IV)Otherequityinstrumentinvestment | 23,841,337.16 | 23,841,337.16 | ||
| (V)Investmentproperties | ||||
| (VI)Biologicalassets | ||||
| (VII)Othernon-currentfinancialassets | 2,113,570,574.02 | 2,113,570,574.02 | ||
| Totalassetscontinuouslymeasuredatfairvalue | 344,155,903.39 | 2,137,411,911.18 | 2,481,567,814.57 | |
| Totalliabilitiescontinuouslymeasuredatfairvalue | ||||
| II.Non-continuousfairvaluemeasurement | ||||
| Totalassetsnotcontinuouslymeasuredatfairvalue | ||||
| Totalliabilitiesnotcontinuouslymeasuredatfairvalue | ||||
2.Basisfordeterminingthemarketpriceofcontinuousandnon-continuouslevel-1fairvaluemeasurementprojectsThefirstleveloftheinputisanunadjustedquotedpriceinanactivemarketforthesameassetsandliabilitiesavailableonthemeasurementdate.
3.Qualitativeandquantitativedataonvaluationtechniquesandimportantparametersadoptedforcontinuousandnon-continuouslevel-2fairvaluemeasurementprojects
TheLevel2fairvaluemeasurementofinputvalueatLevel2istheinputvalueobservabledirectlyorindirectlyofrelevantassetsorliabilitiesexclusiveofinputvalueatLevel1.
4.Qualitativeandquantitativedataonvaluationtechniquesandimportantparametersadoptedforcontinuousandnon-continuouslevel-3fairvaluemeasurementprojects
Thethirdleveloftheinputistheunobservableinputofrelatedassetsandliabilities.XI.RelatedPartyandRelated-partyTransaction
（一）Relatedpartyrelationship
1.Controllingshareholderandtheultimatecontroller
（
）Controllingshareholderandtheultimatecontroller
Name
| Name | Placeofregistration | Businessnature | Registeredcapital | ShareholdingratiototheCompany(%) | VotingrightratiototheCompany(%) |
| OCTGroupCo.Ltd. | Shenzhen | Tourism,realestate,electronicsindustry | RMB12billion | 29.999997 | 29.999997 |
Note:TheultimatecontrolleroftheCompanyisState-ownedAssetsSupervisorCommissionoftheStateCouncil.
（2）Registeredcapitalofthecontrollingshareholderanditschanges
| Controllingshareholders | Openingbalance | IncreaseintheReportingPeriod | DecreaseintheReportingPeriod | Closingbalance |
| OCTGroupCo.Ltd. | 12,000,000,000.00 | 12,000,000,000.00 |
（
）Controllingshareholders'sharesorequityandtheirchanges
| Controllingshareholders | Shareholdingamount | Shareholdingpercentage(%) | ||
| Closingbalance | Openingbalance | Endingpercentage | Openingpercentage | |
| OCTGroupCo.Ltd. | 722,383,542.00 | 722,383,542.00 | 29.999997 | 29.999997 |
2.SubsidiaryRefertonoteVIII-1.(1)Subsidiariesfortheinformationofsubsidiaries.
3.AssociatedenterprisesandjointventuresRefertoNoteVIII-2.(1)SignificantAssociatedEnterprisesfordetailsofsignificantassociatedenterprisesoftheCompany.InformationonotherjointventuresorassociatedenterprisesoccurringconnectedtransactionswiththeCompanyinReportingPeriod,orformingbalanceduetoconnectedtransactionsmadeinpreviousperiod:
Name
| Name | RelationshipwiththeCompany |
| AnhuiKaikaiShijieE-commerceCo.,Ltd. | Associate |
| AnhuiKangtaSupplyChainManagementCo.,Ltd. | Associate |
| ChuzhouKangxinHealthIndustryDevelopmentCo.,Ltd. | Associate |
| OrientExcellent(Zhuhai)AssetManagementCo.,Ltd. | Associate |
| DongguanKangzhihuiElectronicsCo.,Ltd. | Associate |
| DongguanGuankangHongyuInvestmentCo.,Ltd. | Associate |
| FeidiTechnology(Shenzhen)Co.,Ltd. | Associate |
| GuangdongKangyuanSemiconductorCo.,Ltd. | Associate |
| HefeiKONSEMIStorageTechnologyCo.,Ltd. | Associate |
| HenanKangfeiIntelligentElectricalAppliancesCo.,Ltd. | Associate |
| KangkongVentureCapital(Shenzhen)Co.,Ltd. | Associate |
| PuchuangJiakangTechnologyCo,Ltd. | Associate |
| ShandongKangfeiIntelligentElectricalAppliancesCo.,Ltd. | Associate |
| ShenzhenAimijiakangTechnologyCo.,Ltd. | Associate |
| ShenzhenJielunteTechnologyCo.,Ltd. | Associate |
| ShenzhenKanghongxingSmartTechnologyCo.,Ltd. | Associate |
| ShenzhenKopenDigitalTechnologyCo.,Ltd. | Associate |
| ShenzhenKondaE-displayCo.,Ltd. | Associate |
| ShenzhenKangyingSemiconductorTechnologyCo.,Ltd. | Associate |
| ShenzhenMorsemiSemiconductorTechnologyCo.,Ltd. | Associate |
| ShenzhenKonkaJiapinIntelligentElectricalApparatusCo.,Ltd. | Associate |
Name
| Name | RelationshipwiththeCompany |
| ShenzhenKangxiTechnologyInnovationDevelopmentCo.,Ltd. | Associate |
| ShenzhenRF-LlinkTechnologyCo.,Ltd. | Associate |
| ShenzhenYaodeTechnologyCo.,Ltd. | Associate |
| SichuanChengruiRealEstateCo.,Ltd. | Associate |
| SichuanHongxinchenRealEstateDevelopmentCo.,Ltd. | Associate |
| SichuanHuayiJiakangTechnologyCo.,Ltd. | Associate |
| WuhanKangtangInformationTechnologyCo.,Ltd. | Associate |
| YantaiKangyunIndustrialDevelopmentCo.,Ltd. | Associate |
| YanchengKangyanInformationIndustryInvestmentPartnership(LimitedPartnership) | Associate |
| E3info(Hainan)TechnologyCo.,Ltd. | Associate |
| ChongqingKangjianPhotoelectricTechnologyCo.,Ltd. | Associate |
| ChongqingQingjiaElectronicsCo.,Ltd. | Associate |
| AnhuiKangfuNewEnergyCo.,Ltd. | Associate |
| ChutianDragonCo.,Ltd. | Associate |
| ShenzhenZhongkangBeidouTechnologyCo.,Ltd.(formerlynamed:ShenzhenZhongbingKonkaTechnologyCo.,Ltd.) | Associate |
| KKSmartechLimited | Associate |
| ShandongEconTechnologyCo.,Ltd. | Associate |
| DongguanKangjiaNewMaterialsTechnologyCo.,Ltd. | Associate |
| NantongKangjianTechnologyIndustrialParkOperationsandManagementCo.,Ltd. | Associate |
4.Otherrelatedparties
| Namesofotherrelatedparties | RelationshipwiththeCompany |
| HOHOELECTRICAL&FURNITURECO.,LIMITED | Minorityshareholderofsubsidiary |
| AUJETINDUSTRYLIMITED | Minorityshareholderofsubsidiary |
| BeijingXuriShengxingTechnologyCo.,Ltd. | Minorityshareholderofsubsidiary |
| ChuzhouHanshangElectricApplianceCo.,Ltd. | Minorityshareholderofsubsidiary |
| KoreaElectricGroupCo.,Ltd. | Minorityshareholderofsubsidiary |
| HuZehong | Minorityshareholderofsubsidiary |
| ShanghaiSUSEnvironmentCo.,Ltd. | Minorityshareholderofsubsidiary |
| ShenzhenNewJourneyEnergyConservation | Minorityshareholderofsubsidiary |
Namesofotherrelatedparties
| Namesofotherrelatedparties | RelationshipwiththeCompany |
| andEnvironmentalProtectionServiceCo.,Ltd. | |
| CentralEnterprisesinpoverty-strickenareas(Jiangxi)IndustrialInvestmentFundsPartnership(L.P.) | Minorityshareholderofsubsidiary |
| ChongqingLiangshanIndustrialInvestmentCo.,Ltd. | Minorityshareholderofsubsidiary |
| JiangxiMeijiEnterpriseCo.,Ltd. | Thecompanycontrolledbytheultimatecontrolleroftheminorityshareholdersofthesubsidiary |
| DaiRongxing | Closefamilymembersofminorityshareholders |
| AMobileIntelligentCorp.Ltd. | Subsidiaryofassociatedenterprise |
| HuanjiaGroupCo.,Ltd. | Minorityshareholderofsubsidiary |
| YantaiKangyueInvestmentCo.,Ltd. | Subsidiaryofassociatedenterprise |
| ChongqingLanlvMomaRealEstateDevelopmentCo.,Ltd. | Subsidiaryofassociatedenterprise |
（二）Related-partytransactions
1.Relatedpartytransactionsinvolvingthepurchaseandsaleofgoodsandthesupplyand
acceptanceofservices
（1）Purchasinggoods/receivingservices
| Relatedparty | Relatedpartytransaction | AmountincurredintheReportingPeriod | Amountincurredinthepreviousperiod |
| ChuzhouHanshangElectricApplianceCo.,Ltd. | Purchaseofgoods | 186,735,395.72 | 181,578,952.60 |
| PuchuangJiakangTechnologyCo,Ltd. | Purchaseofgoods | 82,483,825.77 | 150,151,893.73 |
| OCTGroupCo.,Ltd.anditssubsidiariesandassociates | Purchaseofgoodsandservices | 19,556,218.59 | 25,346,178.36 |
| ShenzhenJielunteTechnologyCo.,Ltd.anditssubsidiariesaswellasitsassociatedenterprises | Purchaseofgoodsandservices | 17,989,178.13 | 13,992,143.62 |
| AnhuiKaikaiShijieE-commerceCo.,Ltd.anditssubsidiaries | Purchaseofgoods | 14,519,171.29 | 21,234.50 |
| KoreaElectricGroupCo.,Ltd.anditssubsidiaries | Purchaseofgoods | 13,962,407.67 | 18,805,740.79 |
| ShenzhenKondaE-displayCo.,Ltd.anditssubsidiaries | Purchaseofgoods | 10,289,325.37 | 8,959,207.84 |
| DongguanKangjiaNewMaterialTechnologyCo.,Ltd. | Purchaseofgoods | 7,656,559.11 | 6,976,616.01 |
| KKSmartechLimited | Purchaseofgoods | 7,026,770.10 |
Relatedparty
| Relatedparty | Relatedpartytransaction | AmountincurredintheReportingPeriod | Amountincurredinthepreviousperiod |
| DongguanKonkaSmartElectronicTechnologyCo.,Ltd. | Purchaseofgoodsandservices | 5,303,236.99 | 13,821,902.86 |
| HOHOELECTRICAL&FURNITURECO.,LIMITED | Purchaseofgoods | 5,279,694.58 | 9,072,974.63 |
| ChongqingRuiyinRenewableResourcesCo.,Ltd.anditssubsidiaries | Purchaseofgoodsandservices | 541,543,811.51 | |
| ShenzhenKangyingSemiconductorTechnologyCo.,Ltd.anditssubsidiaries | Purchaseofgoods | 4,317,763.40 | 8,145,702.87 |
| Subtotalofotherrelatedparties | Purchaseofgoodsandservices | 6,384,913.67 | 2,468,604.98 |
（2）Informationofsalesofgoodsandprovisionoflabourservice
| Relatedparty | Relatedpartytransaction | AmountincurredintheReportingPeriod | Amountincurredinthepreviousperiod |
| ChuzhouHanshangElectricApplianceCo.,Ltd. | Salesofgoodsandprovisionoflaborservice | 87,808,617.20 | 35,546,108.63 |
| KoreaElectricGroupCo.,Ltd.anditssubsidiaries | Salesofgoodsandprovisionoflaborservice | 61,575,942.67 | 117,013,253.39 |
| AnhuiKaikaiShijieE-commerceCo.,Ltd.anditssubsidiaries | Salesofgoodsandprovisionoflaborservice | 43,083,217.15 | 86,686,831.47 |
| OCTGroupCo.,Ltd.anditssubsidiariesandassociates | Salesofgoodsandprovisionoflaborservice | 31,848,071.22 | 133,512,390.92 |
| ShenzhenJielunteTechnologyCo.,Ltd.anditssubsidiariesaswellasitsassociatedenterprises | Salesofgoodsandprovisionoflaborservice | 31,298,689.17 | 13,440,177.22 |
| ShandongKangfeiIntelligentElectricalAppliancesCo.,Ltd. | 销售商品 | 20,835,714.08 | 21,685,823.71 |
| ShenzhenKondaE-displayCo.,Ltd.anditssubsidiaries | Salesofgoodsandprovisionoflaborservice | 9,771,563.23 | 14,036,782.18 |
| E3info(Hainan)TechnologyCo.,Ltd.anditssubsidiaries | Salesofgoodsandprovisionoflaborservice | 9,168,670.42 | 563,757.57 |
Relatedparty
| Relatedparty | Relatedpartytransaction | AmountincurredintheReportingPeriod | Amountincurredinthepreviousperiod |
| HefeiKONSEMIStorageTechnologyCo.,Ltd. | Salesofgoodsandprovisionoflaborservice | 8,004,252.90 | 42,085,293.63 |
| ShenzhenKangyingSemiconductorTechnologyCo.,Ltd.anditssubsidiaries | Salesofgoodsandprovisionoflaborservice | 5,789,685.32 | 8,803,735.07 |
| DongguanKonkaSmartElectronicTechnologyCo.,Ltd. | Salesofgoodsandprovisionoflaborservice | 5,049,897.52 | 12,592,625.44 |
| ShenzhenAimijiakangTechnologyCo.,Ltd. | Salesofgoods | 1,453,563.03 | 25,833,743.92 |
| HOHOELECTRICAL&FURNITURECO.,LIMITED | Salesofgoods | 15,922,314.20 | |
| NantongKangjianTechnologyIndustrialParkOperationsandManagementCo.,Ltd. | Provisionoflaborservice | 14,150,943.39 | |
| HenanKangfeiIntelligentElectricalAppliancesCo.,Ltd. | Salesofgoods | 12,773,438.03 | |
| Subtotalofotherrelatedparties | Salesofgoodsandprovisionoflaborservice | 8,788,964.79 | 6,726,787.89 |
2.Relatedpartyleases
（1）Leasesituation
| Lessor | Lessee | Typeofleasedassets | TheleasefeerecognisedintheReportingPeriod | Theleasefeerecognizedinthesameperiodofthepreviousyear |
| DongguanGuankangYuhongInvestmentCo.,Ltd. | DongguanKonkaElectronicCo.,Ltd. | Factory | 22,799,157.95 | |
| OCTGroupCo.Ltd.anditssubsidiaries | KonkaVenturesDevelopment(Shenzhen)Co.,Ltd. | Commercialresidencesandofficebuildings | 14,099,760.00 | 11,610,366.36 |
| OCTGroupCo.Ltd.anditssubsidiaries | KonkaGroupCo.,Ltd. | Commercialresidencesandofficebuildings | 351,831.90 | 755,425.60 |
3.Relatedpartyguarantees（
）TheCompanywasguarantor
Securedparty
| Securedparty | Contractedguaranteeamount(RMB'0,000) | Actualguaranteeamount(RMB'0,000) | Currency | Startdateofguarantee | Expirydateofguarantee | Whethertheguaranteeiscompleted |
| BoluoPrecision | 2,480.11 | 191.67 | CNY | 19August2020 | 19August2023 | No |
| BoluoPrecision | 3,000.00 | 3,000.00 | CNY | 25August2022 | 24August2023 | No |
| BoluoPrecision | 4,000.00 | 1,800.00 | CNY | 19January2023 | 18January2024 | No |
| BoluoPrecision | 3,000.00 | 1,795.79 | CNY | 2March2023 | 2March2026 | No |
| KonkaCircuit | 20,000.00 | 5,999.28 | CNY | 24May2021 | 30November2024 | No |
| KonkaCircuit | 5,000.00 | 3,676.77 | CNY | 14September2022 | 13September2023 | No |
| AnhuiTongchuang | 3,000.00 | 3,000.00 | CNY | 2June2022 | 1June2023 | No |
| AnhuiTongchuang | 5,000.00 | CNY | 5July2022 | 4July2023 | No | |
| AnhuiTongchuang | 10,000.00 | 9,800.00 | CNY | 19October2022 | 19October2023 | No |
| AnhuiTongchuang | 10,000.00 | 8,000.00 | CNY | 6February2023 | 5February2024 | No |
| LiaoyangKangshunSmart | 5,000.00 | 3,000.00 | CNY | 6January2023 | 5January2024 | No |
| KonkaXinyunSemiconductor | 6,000.00 | 1,000.00 | CNY | 26May2022 | 25May2024 | No |
| KonkaXinyunSemiconductor | 20,000.00 | 6,083.91 | CNY | 12July2021 | 11July2022 | No |
| ElectronicsTechnology | 8,500.00 | 8,385.38 | CNY | 24November2022 | 10January2024 | No |
| ElectronicsTechnology | 50,000.00 | 50,000.00 | CNY | 10October2022 | 21July2023 | No |
| DongguanKonka | 5,000.00 | 5,000.00 | CNY | 24March2023 | 23March2024 | No |
| DongguanKonka | 80,000.00 | 33,215.76 | CNY | 23June2021 | 7May2031 | No |
| TelecommunicationTechnology | 7,500.00 | 3,494.93 | CNY | 20May2022 | 20May2023 | No |
| SichuanKonka | 4,000.00 | 3,000.00 | CNY | 23May2023 | 26April2026 | No |
| MobileInterconnection | 7,000.00 | 4,000.00 | CNY | 11August2022 | 11August2023 | No |
| YibinSmart | 980.00 | 980.00 | CNY | 23May2023 | 26April2024 | No |
| ChongqingKonka | 38,000.00 | 7,793.11 | CNY | 13December | 13December | No |
Securedparty
| Securedparty | Contractedguaranteeamount(RMB'0,000) | Actualguaranteeamount(RMB'0,000) | Currency | Startdateofguarantee | Expirydateofguarantee | Whethertheguaranteeiscompleted |
| 2022 | 2037 | |||||
| Xi'anKanghongTechnologyIndustry | 30,000.00 | CNY | 26May2023 | 31December2032 | No | |
| XingDaHongYe | 2,000.00 | 353.89 | CNY | 25December2020 | 25December2023 | No |
| XingDaHongYe | 750.00 | 87.55 | CNY | 31May2021 | 31August2023 | No |
| KonkaSoftElectronic | 975.00 | 48.37 | CNY | 19December2022 | 19December2023 | No |
| NingboKhrElectricAppliance | 6,000.00 | 3,735.71 | CNY | 12August2021 | 27July2023 | No |
| NingboKhrElectricAppliance | 6,000.00 | 3,000.00 | CNY | 12July2022 | 11July2023 | No |
| FrestecSmartHome | 10,200.00 | 510.00 | CNY | 6July2022 | 4May2030 | No |
| JiangxiKonka | 10,000.00 | 3,000.00 | CNY | 6November2020 | 1December2023 | No |
| JiangxiKonka | 6,000.00 | 5,000.00 | CNY | 26June2022 | 25June2023 | No |
| JiangxiKonka | 990.00 | 990.00 | CNY | 10March2022 | 9March2024 | No |
| JiangxiKonka | 10,000.00 | 1,760.11 | CNY | 29September2020 | 29September2023 | No |
| JiangxiKonka | 1,000.00 | 174.77 | CNY | 30December2020 | 30December2023 | No |
| XinfengMicrocrystalline | 2,100.00 | 369.60 | CNY | 8December2020 | 8December2023 | No |
| XinfengMicrocrystalline | 7,200.00 | 6,000.00 | CNY | 29December2022 | 28December2023 | No |
| XinfengMicrocrystalline | 7,200.00 | 6,000.00 | CNY | 30June2023 | 29June2024 | No |
| JiangxiHighTransparentSubstrate | 990.00 | 990.00 | CNY | 10March2022 | 9March2024 | No |
| YibinKangrun | 10,000.00 | 10,000.00 | CNY | 13November2020 | 31December2024 | No |
| AnhuiKonka | 10,000.00 | CNY | 13September2022 | 13September2023 | No | |
| AnhuiKonka | 5,500.00 | 1,135.96 | CN | 18August | 18August | No |
Securedparty
| Securedparty | Contractedguaranteeamount(RMB'0,000) | Actualguaranteeamount(RMB'0,000) | Currency | Startdateofguarantee | Expirydateofguarantee | Whethertheguaranteeiscompleted |
| Y | 2022 | 2023 | ||||
| AnhuiKonka | 18,000.00 | 6,000.00 | CNY | 22August2022 | 22August2023 | No |
| AnhuiKonka | 28,000.00 | 9,161.03 | CNY | 10August2021 | 15July2031 | No |
| AnhuiKonka | 7,000.00 | 6,000.00 | CNY | 29October2021 | 26October2026 | No |
| AnhuiKonka | 7,000.00 | 6,000.00 | CNY | 24October2022 | 26October2026 | No |
| AnhuiKonka | 7,000.00 | 7,000.00 | CNY | 19September2022 | 18September2023 | No |
| AnhuiKonka | 5,000.00 | 104.00 | CNY | 25June2023 | 24June2028 | No |
| EconTechnology | 2,498.29 | 1,667.36 | CNY | 8July2022 | 7July2023 | No |
| EconTechnology | 749.49 | 499.66 | CNY | 27July2022 | 26July2023 | No |
| EconTechnology | 24.98 | 24.98 | CNY | 16August2022 | 15August2023 | No |
| EconTechnology | 199.86 | 199.86 | CNY | 6September2022 | 5September2023 | No |
| EconTechnology | 3,747.44 | 3,801.79 | CNY | 30September2022 | 29September2024 | No |
| EconTechnology | 2,748.12 | 2,027.81 | CNY | 23November2022 | 23May2024 | No |
| EconTechnology | 1,498.97 | 1,498.97 | CNY | 22May2023 | 21May2024 | No |
| EconTechnology | 3,747.44 | 2,959.47 | CNY | 10May2023 | 11August2023 | No |
| AnhuiElectricalAppliance | 13,500.00 | 5,000.00 | CNY | 3July2020 | 1July2023 | No |
| FoshanZhujiangMediaCreativeParkCulturalDevelopmentCo.,Ltd. | 980.00 | 941.66 | CNY | 17May2022 | 21March2023 | No |
| OCTGroup | 60,000.00 | 60,000.00 | CNY | 8September2022 | 8September2025 | No |
| OCTGroup | 60,000.00 | 60,000.00 | CNY | 18October2022 | 18October2025 | No |
(2)TheCompanywassecuredparty
Guarantor
| Guarantor | Guaranteeamount(RMB'0,000) | Currency | Startdateofguarantee | Expirydateofguarantee | Whethertheguaranteeiscompleted |
| ElectronicsTechnology | 51,000.00 | CNY | 15September2022 | 14September2023 | No |
| OCTGroup | 100,000.00 | CNY | 8January2021 | 8January2024 | No |
| OCTGroup | 50,000.00 | CNY | 21May2021 | 21May2024 | No |
| OCTGroup | 80,000.00 | CNY | 9July2021 | 9July2024 | No |
| OCTGroup | 60,000.00 | CNY | 8September2022 | 8September2025 | No |
| OCTGroup | 60,000.00 | CNY | 18October2022 | 18October2025 | No |
| OCTGroup | 120,000.00 | CNY | 14July2022 | 14July2025 | No |
| OCTGroup | 100,000.00 | CNY | 22June2022 | 21June2024 | No |
| OCTGroup | 149,000.00 | CNY | 24June2021 | 23June2024 | No |
| OCTGroup | 39,750.00 | CNY | 23August2022 | 22August2025 | No |
| OCTGroup | 30,000.00 | CNY | 22December2022 | 22December2025 | No |
| OCTGroup | 70,000.00 | CNY | 18January2023 | 18January2026 | No |
| HuZehong,LiangRuiling,DaiYaojin | 173.41 | CNY | 25December2020 | 25December2023 | No |
| HuZehong,LiangRuiling,DaiYaojin | 42.90 | CNY | 31May2021 | 31August2023 | No |
| ZhuXinming | 1,470.00 | CNY | 6November2020 | 1December2023 | No |
| JiangxiXinzixinRealEstateCo.,Ltd. | 2,450.00 | CNY | 26June2022 | 25June2023 | No |
| JiangxiXinzixinRealEstateCo.,Ltd. | 485.10 | CNY | 10March2022 | 9March2024 | No |
| JiangxiXinzixinRealEstateCo.,Ltd. | 862.45 | CNY | 29September2020 | 29September2023 | No |
| ZhuXinming | 85.63 | CNY | 30December2020 | 30December2023 | No |
| ZhuXinming | 181.10 | CNY | 8December2020 | 8December2023 | No |
| ZhuXinming | 2,940.00 | CNY | 29December2022 | 28December2023 | No |
| JiangxiXinzixinReal | 2,940.00 | CN | 30June | 29June | No |
Guarantor
| Guarantor | Guaranteeamount(RMB'0,000) | Currency | Startdateofguarantee | Expirydateofguarantee | Whethertheguaranteeiscompleted |
| EstateCo.,Ltd. | Y | 2023 | 2024 | ||
| JiangxiXinzixinRealEstateCo.,Ltd. | 485.10 | CNY | 10March2022 | 9March2024 | No |
| EconTechnology | 3,300.00 | CNY | 13November2020 | 31December2024 | No |
| ChuzhouState-ownedAssetsManagementCo.,Ltd. | 249.91 | CNY | 18August2022 | 18August2023 | No |
| ChuzhouState-ownedAssetsManagementCo.,Ltd. | 1,320.00 | CNY | 22August2022 | 22August2023 | No |
| ChuzhouState-ownedAssetsManagementCo.,Ltd. | 2,015.43 | CNY | 10August2021 | 15July2031 | No |
| ChuzhouState-ownedAssetsManagementCo.,Ltd. | 1,320.00 | CNY | 29October2021 | 26October2026 | No |
| ChuzhouState-ownedAssetsManagementCo.,Ltd. | 1,320.00 | CNY | 24October2022 | 26October2026 | No |
| ChuzhouState-ownedAssetsManagementCo.,Ltd. | 1,540.00 | CNY | 19September2022 | 18September2023 | No |
| ChuzhouState-ownedAssetsManagementCo.,Ltd. | 22.88 | CNY | 25June2023 | 24June2028 | No |
| ZhuXinming | 11,123.00 | CNY | 15October2022 | 14October2023 | No |
| ZhuXinming | 1,323.00 | CNY | 15October2022 | 14October2023 | No |
| ZhuXinming | 3,399.49 | CNY | 1January2023 | 31December2023 | No |
| ZhuXinming | 13,249.19 | CNY | 19February2023 | 18February2024 | No |
| ZhuXinming | 6,860.00 | CNY | 1March2023 | 28February2024 | No |
| ZhuXinming | 2,330.54 | CNY | 9March2023 | 8March2024 | No |
| ZhuXinming | 2,156.00 | CNY | 1April2023 | 30September2023 | No |
| ZhuXinming | 443.45 | CNY | 13January2023 | 31December2023 | No |
| ZhuXinming | 44.05 | CNY | 30March2023 | 31December2023 | No |
Guarantor
| Guarantor | Guaranteeamount(RMB'0,000) | Currency | Startdateofguarantee | Expirydateofguarantee | Whethertheguaranteeiscompleted |
| ZhuXinming | 443.45 | CNY | 14April2023 | 31December2023 | No |
| ZhuXinming | 44.05 | CNY | 30June2023 | 31December2023 | No |
| ZhuXinming | 490.00 | CNY | 28February2023 | 27February2024 | No |
| ZhuXinming | 5,109.05 | CNY | 1January2023 | 31December2023 | No |
| ZhuXinming | 252.63 | CNY | 13January2023 | 31December2023 | No |
| ZhuXinming | 101.77 | CNY | 13January2023 | 31December2023 | No |
| ZhuXinming | 203.63 | CNY | 14April2023 | 31December2023 | No |
| ZhuXinming | 1,862.90 | CNY | 1January2023 | 31December2023 | No |
| ZhuXinming | 223.85 | CNY | 17February2023 | 31December2023 | No |
| ZhuXinming | 93.12 | CNY | 8March2023 | 31December2023 | No |
| ZhuXinming | 101.35 | CNY | 19May2023 | 31December2023 | No |
| ZhuXinming | 93.12 | CNY | 8June2023 | 31December2023 | No |
| ZhuXinming | 1,470.00 | CNY | 27June2023 | 31October2023 | No |
| YuanShengxiang,YudongEnvironmentalProtectionTechnologyCo.,Ltd. | 3,430.00 | CNY | 19August2020 | 31October2025 | No |
| YuanShengxiang,YudongEnvironmentalProtectionTechnologyCo.,Ltd. | 2,450.00 | CNY | 19August2020 | 31October2025 | No |
| HuZehong,LiangRuiling,DaiYaojin | 2,450.00 | CNY | 1July2018 | 31December2025 | No |
| HuZehong,LiangRuiling,DaiYaojin | 4,899.02 | CNY | 1July2018 | 31December2025 | No |
Guarantor
| Guarantor | Guaranteeamount(RMB'0,000) | Currency | Startdateofguarantee | Expirydateofguarantee | Whethertheguaranteeiscompleted |
| SuiyongRongxinAssetManagementCo.,Ltd. | 980.00 | CNY | 1January2018 | 30June2023 | No |
| SuiyongRongxinAssetManagementCo.,Ltd. | 2,450.00 | CNY | 1January2018 | 30June2023 | No |
| SuiyongRongxinAssetManagementCo.,Ltd. | 1,862.00 | CNY | 1January2018 | 30June2023 | No |
ShenzhenHenglongtongTechnologyCo.,Ltd.,GuizhouHuajinrunTechnologyCo.Ltd.,HuayingGaokedeElectronicsTechnologyCo.,Ltd.,HuayingGaokelongElectronicsTechnologyCo.,Ltd.,ShenzhenBailiYongxingTechnologyCo.,Ltd.
| 735.00 | CNY | 1January2022 | 31December2025 | No |
ShenzhenHenglongtongTechnologyCo.,Ltd.,GuizhouHuajinrunTechnologyCo.Ltd.,HuayingGaokedeElectronicsTechnologyCo.,Ltd.,HuayingGaokelongElectronicsTechnologyCo.,Ltd.,ShenzhenBailiYongxingTechnologyCo.,Ltd.
| 488.37 | CNY | 1January2022 | 31December2025 | No |
ShenzhenHenglongtongTechnologyCo.,Ltd.,GuizhouHuajinrunTechnologyCo.Ltd.,HuayingGaokedeElectronicsTechnologyCo.,Ltd.,HuayingGaokelongElectronicsTechnologyCo.,Ltd.,ShenzhenBailiYongxingTechnologyCo.,Ltd.
| 552.72 | CNY | 1January2022 | 31December2025 | No | |
| ChuzhouHanshangElectricApplianceCo.,Ltd. | 2,450.00 | CNY | 20May2021 | 19May2024 | No |
| ChuzhouHanshangElectricApplianceCo.,Ltd. | 2,083.96 | CNY | 20May2021 | 19May2024 | No |
| ShenzhenQianhaiDatangTechnologyCo.,Ltd. | 588.00 | CNY | 17November2022 | 16November2025 | No |
| KonkaVenturesDevelopment(Shenzhen)Co.,Ltd. | 1,322.54 | CNY | 15December2021 | 5November2022 | No |
| WuGuoren | 875.00 | US | 31 | 31 | No |
Guarantor
| Guarantor | Guaranteeamount(RMB'0,000) | Currency | Startdateofguarantee | Expirydateofguarantee | Whethertheguaranteeiscompleted |
| D | December2019 | December2024 | |||
| WuGuoren | 2,450.00 | USD | 31December2019 | 31December2024 | No |
| WuGuoren | 212.50 | USD | 31December2019 | 31December2024 | No |
| XiaoYongsong | 840.00 | USD | 31December2019 | 31December2024 | No |
| XiaoYongsong | 2,352.00 | USD | 31December2019 | 31December2024 | No |
| XiaoYongsong | 204.00 | USD | 31December2019 | 31December2024 | No |
| ShenzhenUnifortuneSupplyChainManagementCo.,Ltd. | 1,477.84 | USD | 21June2021 | 31December2022 | No |
| ShenzhenUnifortuneSupplyChainManagementCo.,Ltd. | 867.30 | USD | 21June2021 | 31December2022 | No |
| GuizhouHuajinrunTechnologyCo.Ltd. | 381.15 | USD | 1January2022 | 31December2025 | No |
| GuizhouHuajinrunTechnologyCo.Ltd. | 157.50 | USD | 1January2022 | 31December2025 | No |
| ShenzhenHenglongtongTechnologyCo.,Ltd. | 241.40 | USD | 1January2022 | 31December2025 | No |
| ShenzhenHenglongtongTechnologyCo.,Ltd. | 99.75 | USD | 1January2022 | 31December2025 | No |
| AUJETINDUSTRYLIMITED | 3,227.63 | USD | 10November2021 | 31December2023 | No |
| AUJETINDUSTRYLIMITED | 89.18 | USD | 10November2021 | 31December2023 | No |
| AUJETINDUSTRYLIMITED | 1,029.00 | USD | 20July2020 | 31December2023 | No |
4.Loansfrom/torelatedparties
| Relatedparty | Amount(RMB'0,000) | Currency | Startdate | Maturity |
Relatedparty
| Relatedparty | Amount(RMB'0,000) | Currency | Startdate | Maturity |
| Borrowing: | ||||
| OCTGroup | 131,091.00 | CNY | 10January2022 | 9January2025 |
| OCTGroup | 50,000.00 | CNY | 19May2022 | 18May2025 |
| OCTGroup | 70,000.00 | CNY | 26May2022 | 25May2025 |
| ChuzhouHanshangElectricApplianceCo.,Ltd. | 10,535.00 | CNY | 1February2022 | 31December2023 |
| ChuzhouHanshangElectricApplianceCo.,Ltd. | 490.00 | CNY | 30May2023 | 31December2023 |
| ChuzhouHanshangElectricApplianceCo.,Ltd. | 1,837.50 | CNY | 10November2022 | 31December2023 |
| ChuzhouHanshangElectricApplianceCo.,Ltd. | 980.00 | CNY | 14February2023 | 13February2024 |
| EconTechnology | 33.00 | CNY | 31March2022 | 19March2024 |
| EconTechnology | 31.35 | CNY | 2June2021 | 19March2024 |
| EconTechnology | 20.13 | CNY | 4June2021 | 19March2024 |
| EconTechnology | 1,536.15 | CNY | 13August2021 | 19March2024 |
| EconTechnology | 285.85 | CNY | 13October2021 | 19March2024 |
| EconTechnology | 40.26 | CNY | 17December2021 | 19March2024 |
| EconTechnology | 99.26 | CNY | 16February2022 | 19March2024 |
| EconTechnology | 95.96 | CNY | 12May2022 | 28February2024 |
| EconTechnology | 39.60 | CNY | 16June2022 | 28February2024 |
| EconTechnology | 1,070.92 | CNY | 23June2022 | 28February2024 |
| EconTechnology | 49.50 | CNY | 19September2022 | 28February2024 |
| EconTechnology | 33.00 | CNY | 19December2022 | 28February2024 |
| EconTechnology | 97.02 | CNY | 24February2023 | 28February2024 |
| ChongqingKangjianPhotoelectricTechnologyCo.,Ltd. | 666.67 | CNY | 26October2022 | 24August2023 |
| KangkongVentureCapital | 245.00 | CN | 21July | 19July |
Relatedparty
| Relatedparty | Amount(RMB'0,000) | Currency | Startdate | Maturity |
| (Shenzhen)Co.,Ltd. | Y | 2022 | 2023 | |
| BeijingXuriShengxingTechnologyCo.,Ltd. | 228.67 | CNY | 5December2022 | 30November2023 |
| ShanghaiSUSEnvironmentCo.,Ltd. | 1,000.00 | CNY | 9June2023 | 7September2023 |
| ShanghaiSUSEnvironmentCo.,Ltd. | 1,000.00 | CNY | 20June2023 | 7September2023 |
| Total | 271,505.84 | |||
| Lending: | ||||
| DongguanGuankangyuhongInvestmentCo.,Ltd. | 19,600.00 | CNY | 6August2022 | 25September2023 |
| ChuzhouKangxinHealthIndustryDevelopmentCo.,Ltd. | 15,288.00 | CNY | 18December2022 | 23October2023 |
| ChuzhouKangxinHealthIndustryDevelopmentCo.,Ltd. | 735.00 | CNY | 5January2023 | 23October2023 |
| ChuzhouKangxinHealthIndustryDevelopmentCo.,Ltd. | 59.45 | CNY | 5January2023 | 23October2023 |
| ChuzhouKangxinHealthIndustryDevelopmentCo.,Ltd. | 1,240.03 | CNY | 18December2022 | 23October2023 |
| ChuzhouKangxinHealthIndustryDevelopmentCo.,Ltd. | 16,758.00 | CNY | 22March2023 | 23October2023 |
| ChuzhouKangxinHealthIndustryDevelopmentCo.,Ltd. | 1,359.26 | CNY | 21March2023 | 23October2023 |
| ChuzhouKangxinHealthIndustryDevelopmentCo.,Ltd. | 109.95 | CNY | 21March2023 | 23October2023 |
| ChuzhouKangxinHealthIndustryDevelopmentCo.,Ltd. | 1,344.36 | CNY | 22March2023 | 23October2023 |
| SichuanChengrui | 14,724.50 | CNY | 21January2022 | 4March2025 |
| YantaiKangyueInvestmentCo.,Ltd. | 12,852.70 | CNY | 16December2020 | 25November2022 |
| YantaiKangyunIndustrialDevelopmentCo.,Ltd. | 10,020.00 | CNY | 23November2021 | 26February2024 |
| YantaiKangyunIndustrialDevelopmentCo.,Ltd. | 3,230.00 | CNY | 25August2022 | 26February2024 |
| YantaiKangyunIndustrialDevelopmentCo.,Ltd. | 1,020.00 | CNY | 17March2022 | 26February2024 |
| YantaiKangyunIndustrialDevelopmentCo.,Ltd. | 3,400.00 | CNY | 23May2022 | 26February2024 |
| YantaiKangyunIndustrialDevelopmentCo.,Ltd. | 2,500.00 | CNY | 1June2022 | 26February2024 |
Relatedparty
| Relatedparty | Amount(RMB'0,000) | Currency | Startdate | Maturity |
| YantaiKangyunIndustrialDevelopmentCo.,Ltd. | 2,430.00 | CNY | 15November2022 | 26February2024 |
| ChongqingLanlvMomaRealEstateDevelopmentCo.,Ltd. | 18,843.00 | CNY | 25November2020 | 22September2023 |
| SichuanHongxinchenRealEstateDevelopmentCo.,Ltd. | 21,963.39 | CNY | 15September2022 | 23December2023 |
| EconTechnology | 18,315.11 | CNY | 17March2023 | 31December2023 |
| EconTechnology | 4,996.58 | CNY | 6April2023 | 20December2023 |
| ChongqingLiangshanIndustrialInvestmentCo.,Ltd. | 7,524.80 | CNY | 24December2022 | 23December2023 |
| Total | 178,314.13 |
5.Assettransferanddebtrestructuringofrelatedparties
| Relatedparty | Relatedpartytransaction | AmountincurredintheReportingPeriod | Amountincurredinthepreviousperiod |
| OCTGroupCo.,Ltd.anditssubsidiariesandassociateenterprises | Transferofpatents,softwarecopyrightsandtrademarks | 12,843,396.23 | |
| Total | 12,843,396.23 |
6.Remunerationforkeymanagementpersonnel
| Project | ReportingPeriod(RMB'0,000) | Sameperiodofthepreviousyear(RMB'0,000) |
| Totalremuneration | 549.95 | 737.41 |
（三）Balanceswithrelatedparties
1.Receivables
| Relatedparty | Endingbalance | Openingbalance | ||
| Carryingbalance | Baddebtprovision | Carryingbalance | Baddebtprovision | |
| Accountsreceivable: | ||||
Relatedparty
| Relatedparty | Endingbalance | Openingbalance | ||
| Carryingbalance | Baddebtprovision | Carryingbalance | Baddebtprovision | |
| OCTGroupCo.,Ltd.anditssubsidiariesandassociates | 153,191,974.88 | 11,823,388.29 | 156,687,630.71 | 8,433,199.71 |
| ShenzhenYaodeTechnologyCo.,Ltd.anditssubsidiaries | 148,503,144.96 | 125,575,215.21 | 143,135,135.62 | 121,664,865.28 |
| HOHOELECTRICAL&FURNITURECO.,LIMITED | 126,891,283.20 | 18,139,114.89 | 123,273,472.66 | 18,429,711.73 |
| ChuzhouHanshangElectricApplianceCo.,Ltd. | 62,593,179.59 | 1,276,900.87 | 52,156,655.05 | 1,063,995.77 |
| AnhuiKaikaiShijieE-commerceCo.,Ltd.anditssubsidiaries | 41,113,303.07 | 2,318,660.87 | 47,638,172.10 | 2,368,282.48 |
| ShenzhenKanghongxingSmartTechnologyCo.,Ltd. | 39,239,778.12 | 34,665,687.97 | 39,215,316.77 | 32,913,147.45 |
| KoreaElectricGroupCo.,Ltd.anditssubsidiaries | 23,695,513.68 | 483,388.48 | 4,960,132.20 | 101,186.70 |
| ShenzhenJielunteTechnologyCo.,Ltd.anditssubsidiariesaswellasitsassociatedenterprises | 9,813,160.70 | 200,188.48 | 13,523,856.80 | 410,843.28 |
| ShenzhenKondaE-displayCo.,Ltd.anditssubsidiaries | 2,042,851.77 | 41,674.16 | 10,824,609.83 | 220,822.05 |
| Subtotalofotherrelatedparties | 17,442,982.92 | 940,045.58 | 17,711,091.20 | 574,271.36 |
| Total | 624,527,172.88 | 195,464,264.80 | 609,126,072.94 | 186,180,325.81 |
Relatedparty
| Relatedparty | Endingbalance | Openingbalance | ||
| Carryingbalance | Baddebtprovision | Carryingbalance | Baddebtprovision | |
| Financingaccountsreceivable/Notesreceivable: | ||||
| KoreaElectricGroupCo.,Ltd.anditssubsidiaries | 126,000,000.00 | 103,340,000.00 | ||
| AnhuiKaikaiShijieE-commerceCo.,Ltd.anditssubsidiaries | 4,000,000.00 | 63,064.76 | ||
| ChuzhouHanshangElectricApplianceCo.,Ltd. | 5,028,746.39 | |||
| Total | 130,000,000.00 | 108,431,811.15 | ||
| Dividendsreceivable | ||||
| ChongqingQingjiaElectronicsCo.,Ltd. | 272,999.43 | |||
| Total | 272,999.43 | |||
| Otherreceivables: | ||||
| JiangxiMeijiEnterpriseCo.,Ltd. | 93,512,640.31 | 86,901,651.51 | 93,512,640.31 | 86,901,651.51 |
| DaiRongxing | 84,345,435.41 | 84,345,435.41 | 83,058,831.58 | 83,058,831.58 |
| ChongqingLiangshanIndustrialInvestmentCo.,Ltd. | 77,196,153.61 | 1,574,801.53 | 75,330,416.70 | 1,536,740.51 |
| ShenzhenKanghongxingSmartTechnologyCo.,Ltd. | 39,888,921.64 | 36,131,458.50 | 39,888,921.64 | 36,024,193.48 |
| OCTGroupCo.,Ltd.anditssubsidiariesandassociates | 36,778,366.11 | 20,417,601.13 | 35,760,987.33 | 20,304,912.84 |
Relatedparty
| Relatedparty | Endingbalance | Openingbalance | ||
| Carryingbalance | Baddebtprovision | Carryingbalance | Baddebtprovision | |
| HuanjiaGroupCo.,Ltd. | 25,083,675.53 | 24,582,002.02 | 25,083,675.53 | 24,582,002.02 |
| DongguanGuankangYuhongInvestmentCo.,Ltd. | 22,000,000.00 | 220,000.00 | 22,000,000.00 | 220,000.00 |
| HOHOELECTRICAL&FURNITURECO.,LIMITED | 2,535,424.83 | 575,287.89 | 2,443,773.67 | 554,492.25 |
| HuZehong | 1,587,271.29 | 153,103.04 | 2,058,174.06 | 41,986.75 |
| Subtotalofotherrelatedparties | 468,092.37 | 7,709.48 | 159,634.37 | 3,230.02 |
| Total | 383,395,981.10 | 254,909,050.52 | 379,297,055.19 | 253,228,040.96 |
| Prepayments: | ||||
| PuchuangJiakangTechnologyCo,Ltd. | 4,120,342.24 | 3,176,682.44 | ||
| ChuzhouHanshangElectricApplianceCo.,Ltd. | 2,632,500.00 | |||
| ShenzhenKangyingSemiconductorTechnologyCo.,Ltd.anditssubsidiaries | 2,021,396.41 | 5,720,375.37 | ||
| HenanKangfeiIntelligentElectricApplianceCo.,Ltd. | 1,971,261.84 | |||
| OCTGroupCo.,Ltd.anditssubsidiariesandassociates | 208,530.00 | 1,094,665.28 | ||
| Subtotalofotherrelatedparties | 390,830.43 | 1,184,075.41 | ||
| Total | 11,344,860.92 | 11,175,798.50 | ||
Relatedparty
| Relatedparty | Endingbalance | Openingbalance | ||
| Carryingbalance | Baddebtprovision | Carryingbalance | Baddebtprovision | |
| Contractassets: | ||||
| OCTGroupCo.,Ltd.anditssubsidiariesandassociates | 441,792.02 | 9,012.56 | ||
| Total | 441,792.02 | 9,012.56 | ||
| Othercurrentassets: | ||||
| YantaiKangyunIndustrialDevelopmentCo.,Ltd.anditssubsidiaries | 247,211,577.82 | 238,121,355.60 | ||
| SichuanHongxinchenRealEstateDevelopmentCo.,Ltd. | 233,954,106.29 | |||
| ShandongEconTechnologyCo.,Ltd.anditssubsidiaries | 233,116,949.03 | 183,151,149.03 | ||
| ChongqingLanlvMomaRealEstateDevelopmentCo.,Ltd. | 228,125,919.93 | 220,546,846.61 | ||
| DongguanGuankangYuhongInvestmentCo.,Ltd. | 216,823,806.77 | 217,760,251.21 | ||
| YantaiKangyueInvestmentCo.,Ltd. | 165,457,091.34 | 160,287,449.78 | ||
| SichuanChengrui | 162,456,304.41 | 158,533,783.32 | ||
| Total | 1,867,956,911.49 | 1,544,592,633.47 | ||
2.Payables
Relatedparty
| Relatedparty | Endingcarryingbalance | Openingcarryingbalance |
| Accountspayable: | ||
| ChuzhouHanshangElectricApplianceCo.,Ltd. | 61,751,089.15 | 22,429,429.76 |
| PuchuangJiakangTechnologyCo,Ltd. | 40,191,613.80 | 43,840.00 |
| OCTGroupCo.,Ltd.anditssubsidiariesandassociates | 24,899,469.89 | 13,114,183.37 |
| ShenzhenJielunteTechnologyCo.,Ltd.anditssubsidiaries | 16,376,915.47 | 13,942,717.31 |
| ShenzhenKondaE-displayCo.,Ltd.anditssubsidiaries | 13,727,043.65 | 12,879,895.22 |
| KoreaElectricGroupCo.,Ltd.anditssubsidiaries | 11,303,306.87 | 2,609,330.74 |
| HOHOELECTRICAL&FURNITURECO.,LIMITED | 9,872,039.77 | 6,083,652.55 |
| DongguanKangjiaNewMaterialsTechnologyCo.,Ltd. | 4,793,873.81 | 1,811,519.42 |
| AnhuiKaikaiShijieE-commerceCo.,Ltd.anditssubsidiaries | 4,615,128.91 | 4,615,128.91 |
| PanxuIntelligenceCo.,Ltd.anditssubsidiaries | 3,737,203.15 | 5,894,192.83 |
| Subtotalofotherrelatedparties | 9,504,535.20 | 6,042,680.04 |
| Total | 200,772,219.67 | 89,466,570.15 |
| Notespayable: | ||
| KoreaElectricGroupCo.,Ltd.anditssubsidiaries | 7,801,909.48 | 9,889,686.67 |
| DongguanKangjiaNewMaterialsTechnologyCo.,Ltd. | 2,265,450.56 | 5,664,319.21 |
| ChuzhouHanshangElectricApplianceCo.,Ltd. | 13,000,000.00 | |
| ShenzhenJielunteTechnologyCo.,Ltd.anditssubsidiaries | 880,920.54 | 4,868,677.92 |
| PanxuIntelligenceCo.,Ltd.anditssubsidiaries | 4,425,575.22 | |
| Total | 10,948,280.58 | 37,848,259.02 |
| Contractualliabilities/othercurrentliabilities: | ||
| OCTGroupCo.,Ltd.anditssubsidiariesandassociates | 42,311,463.60 | 42,395,460.49 |
| ShenzhenKondaE-displayCo.,Ltd.anditssubsidiaries | 9,351,106.86 | 2,873,318.85 |
| HenanKangfeiIntelligentElectricApplianceCo.,Ltd. | 3,871,147.85 | 830,737.57 |
| ShenzhenAimijiakangTechnologyCo.,Ltd. | 1,030,654.81 | 2,541,156.83 |
| ShandongKangfeiIntelligentElectricalAppliancesCo.,Ltd. | 467,417.09 | 1,328,665.36 |
| Subtotalofotherrelatedparties | 211,926.08 | 794,914.19 |
| Total | 57,243,716.29 | 50,764,253.29 |
| Otherpayables: | ||
| ChuzhouHanshangElectricApplianceCo.,Ltd. | 177,963,968.88 | 185,043,644.73 |
Relatedparty
| Relatedparty | Endingcarryingbalance | Openingcarryingbalance |
| ShandongEconTechnologyCo.,Ltd.anditssubsidiaries | 37,625,604.01 | 42,331,626.74 |
| ShanghaiSUSEnvironmentCo.,Ltd. | 20,458,916.66 | |
| OCTGroupCo.,Ltd.anditssubsidiariesandassociates | 12,966,717.20 | 5,897,248.07 |
| CentralEnterprisesinpoverty-strickenareas(Jiangxi)IndustrialInvestmentFundsPartnership(L.P.) | 7,200,000.00 | 2,400,000.00 |
| ChongqingKangjianPhotoelectricTechnologyCo.,Ltd. | 7,151,258.03 | 8,029,369.86 |
| KangkongVentureCapital(Shenzhen)Co.,Ltd. | 2,486,447.97 | 2,483,024.67 |
| BeijingXuriShengxingTechnologyCo.,Ltd. | 2,465,923.83 | 2,396,943.13 |
| KoreaElectricGroupCo.,Ltd.anditssubsidiaries | 2,092,105.43 | 1,908,700.39 |
| GuangdongWanrundaohengCultureTourismDevelopmentCo.,Ltd. | 83,480,206.21 | |
| Subtotalofotherrelatedparties | 8,309,603.52 | 8,674,635.51 |
| Total | 278,720,545.53 | 342,645,399.31 |
XII.Contingency
(1)BeforetheCompanyacquiredJiangxiKonka,JiangxiKonkaanditssubsidiariesXinfengMicrocrystallineandJiangxiHighTransparentSubstrate(formerlyknownasNano-GrystallizedGlass)providedjointandseveralliabilityguaranteefortheloansfromNanchangRuralCommercialBankCo.,Ltd.toJiangxiXinxinJian'anEngineering,JiangxiZhongyiDecorativeMaterialandJiangxiShanshiScienceandTechnology,relatedpartiesofformercontrollingshareholdersofJiangxiKonka,andNanchangRuralCommercialBankCo.,Ltd.thentransferredtheclaimstoChinaGreatWallAMCJiangxiBranch.ForthefailureofJiangxiXinxinJian'anEngineering,JiangxiZhongyiDecorativeMaterialandJiangxiShanshiScienceandTechnologytorepaytheborrowingsontime,ChinaGreatWallAMCJiangxiBranchfiledalawsuitrequestingJiangxiXinxinJian'anEngineering,JiangxiZhongyiDecorativeMaterialandJiangxiShanshiScienceandTechnologytorepaytheloanprincipalamountingtoRMB300millionandtheliquidateddamageandinterestarisingfromitandguarantorsJiangxiKonka,JiangxiHighTransparentSubstrateandXinfengMicrocrystallinetobearjointandseveralliabilityforsuchdebts.
On31October2019,theHigherPeople'sCourtofJiangxiProvinceruledinthefirstinstancethatJiangxiXinxinJian'anEngineering,JiangxiZhongyiDecorativeMaterial,JiangxiShanshiTechnologyshouldrepaytoChinaGreatWallAMCJiangxiBranchtheloanprincipalofRMB300millionandtheinterestandliquidateddamagearisingfromitwithin10daysfromtheeffectivedateofthejudgment,andJiangxiKonkaNewMaterial,ZhuXinming,LengSumin,
Nano-GrystallizedGlass,XinfengMicrocrystallineshouldbearjointandseveralliabilityforalldebtsrecognisedinthisjudgment.ThedefendantsappealedagainsttheverdictofthefirstinstanceandtheSupremePeople'sCourtacceptedtheappeal.On24March2021,theSupremePeople'sCourtmadethefollowingruling:I.CivilJudgment(2018)G.M.CH.No.110madebytheHigherPeople'sCourtofJiangxiProvinceisabrogated;II.ThiscaseisremandedtotheHigherPeople'sCourtofJiangxiProvinceforretrial.Asofthedateofissuanceofthisreport,thefirstinstanceoftheretrialwasdecided,andafilewasbeenfiled.TheactualcontrollerofJiangxiKonkaNewMaterials,ZhuXinming,andhisspouse,LengSumin,JiangxiXinzixinRealEstateCo.,Ltd.,ZhuZilong,ZhuQingmingandZengXiaohong,asguarantors,providedatotalofapproximatelyRMB143millionofrealestatemortgageguaranteetoGreatWallAMCfortheaboveloans.ZhuXinmingandLengSuminalsoprovidedjointliabilityguarantees.InordertoavoidtheadverseimpactofthiscaseontheCompany,theCompanyhasagreedintheacquisitionagreementofJiangxiKonka,XinfengMicrocrystallineandnanometremicrocrystallinethatallcontingentdebtsincurredbyJiangxiKonkabytheoriginalshareholdersofKonkanewmaterialintheformofjointandseveralliability.JiangxiXinzixinRealEstateCo.,Ltd.hasheldatotalofapproximatelyRMB243millionofrealestateassetsasthecaseoftheanti-guaranteemortgagetoKonkagroupandwentthroughthemortgageregistrationprocedures.Asofthedateofthisreport,thecaseisstillontrialandtheabovecommercialacceptancebillhasnotbeenhonoured.
(2)AsforthedisputeoftheCompanywithLuoZaotong,LuoJingxia,LuoZongyin,LuoZongwuandShenzhenYaodeTechnologyCo.,Ltd.onsharerepurchase,sincetheotherpartydidnotactivelyperformtherepurchaseobligation,theCompanyfiledalawsuitwiththePeople'sCourtofNanshanDistrict,Shenzhen.TheamountofthesubjectmatterinvolvedinthelawsuitisRMB249million.On22November2021,theCompanyappliedtothePeople'sCourtofNanshanDistrict,Shenzhen,forpropertypreservation.On11January2023,thePeople'sCourtofNanshanDistrict,Shenzhen,renderedaverdictofthefirstinstance,rulingthatLuoZaotong,LuoJingxia,LuoZongyinandLuoZongwupaytherepurchaseamountofRMB172millionplusthesumofinterestcalculatedat12%perannumfrom6April2017tothedateofpaymentoftheequityrepurchasebythedefendantLuoZaotong,LuoJingxia,LuoZongyinandLuoZongwu.Asofthedateofissuanceofthisreport,thecasewasexecutedinprogress.
(3)AstheacceptorfailedtopaythecommercialacceptancebillsheldbytheCompanyuponmaturity,theCompany,astheplaintiff,requesteddebtorsHongtuSanpowerTechnologyCo.,Ltd.,JiangsuHongtuHighTechnologyCo.,Ltd.,SanpowerGroupCo.,Ltd.,NanjingJiongjiongElectronicTechnologyCo.,Ltd.andShenzhenQianhaiBenniuAgriculturalTechnologyCo.,Ltd.tobearjointandseveralliabilityforthebillsandtheoverdueinterest.InJuly2019,thecompanyfiledalawsuitwiththecourt,andthecourthaspreservedthedefendant'scorrespondingproperty.
Asofthedateofissuanceofthisreport,thecasewasintrial.
(4)TheamountofthesubjectmatterinvolvedinthedisputebetweentheCompanyandWuhanJialianAgriculturalTechnologyDevelopmentCo.,Ltd.,PengChaojun,HeJiaguo,HeJiayi,LiangXiangzhou,XuYizheng,HeFan,PangHuasheng,SongLiangming,andLiangXiangmeiovertherightofrecourseforbillsisRMB200millionandthecorrespondinginterest.InSeptember2020,theCompanyfiledalawsuitwiththeWuhanIntermediatePeople'sCourt,andthecourtorderthedefendanttopayKonkaGroupthebillsandinterest.Thedefendantappliedforretrialduringtheexecutionofthecase.Asofthedateofissuanceofthisreport,thecasewasinretrial.
(5)TheamountofthesubjectmatterinvolvedinthedisputebetweentheCompany'ssubsidiaryKonkaUnifortuneandShenzhenYaodeTechnologyCo.,Ltd.,DongshengXinluoTechnology(Shenzhen)Co.,Ltd.,ShenzhenHongyaoDingshengInvestmentManagementCo.,Ltd.,ShenzhenXiangruiYingtongInvestmentManagementCo.,Ltd.,LuoJingxia,LuoZongwu,LuoZongyin,LuoZaotongandLuoSaiyinovercontractsisRMB155million.On8September2022,thecourtissuedajudgmentinfavouroftheCompany'ssubsidiary.Asofthedateofissuanceofthisreport,thecasewasexecutedinprogress.
(6)AstheacceptorfailedtopaythecommercialbillsheldbytheCompanyuponmaturity,theCompany,astheplaintiff,filedalawsuitwiththecourtonthematuredbillsamountingtoRMB300million,requestingthebillacceptorShanghaiHuaxinandpriorpartiesinvolvedtobearjointandseveralliabilityforthebillsandliquidateddamageandinterest.Asofthedateofissuanceofthisreport,thecaseinvolvingRMB150millionisincompulsoryexecutionandshareholdershavebeenaddedaspersonstobeexecutedinthiscase.FortheremainingRMB150million,thedefendantshavebeenorderedtopayKonkaGroupthebillsandinterest,whichisnowincompulsoryexecution.Asofthedateofissuanceofthisreport,thecasewasexecutedinprogress.
(7)TheamountofthesubjectmatterinvolvedinthedisputebetweentheCompany'ssubsidiariesFrestecRefrigeration,AnhuiKonka,KonkaMaterialandAnhuiTongchuang(plaintiff)andShantouMeisenTechnologyCo.,Ltd.,ShenzhenMeisenyuanPlasticElectronicsCo.,Ltd.,LinYuanqin,HuangRuirong,JiangsuHuadongHardwareZoneCo.,Ltd.,ChuangfuCommerce&TradePlazaRealEstateDevelopment(Huizhou)Co.,Ltd.andPuningJunlongTradeCo.,Ltd.(defendants)overcontractsisRMB380million.Asofthedateofissuanceofthisreport,theportionofthecase,relatedtoAnhuiTongchuangandFrestecRefrigeration,wereexecutedinprogress,whiletherestwasintrial.
(8)TheamountofthesubjectmatterinvolvedinthedisputebetweentheCompany'ssubsidiaryKonkaInvestment(plaintiff)andElionResourcesGroupCo.,Ltd.andElion
EcologicalCo.,Ltd.(defendants)overcapitalincreaseisRMB98million.Thecourtofarbitrationissuedanawardon27January2022.On16February2022,thecompulsoryenforcementwasfiled.On9September2022,theCompanyandElionenteredintoanexecutionsettlementagreement,whichprovidesformonthlyrepaymentfrom15September2022to25August2023topayofftheoutstandingamountofthiscase.Asoftheissuanceofthisreport,anaccumulatedamountofRMB125millionhasbeenreturned,andthecasewasexecutedinprogress.
(9)AcasehasbeenfiledonthedisputeoverthesalesandpurchasecontractsbetweentheCompany'ssubsidiaryKonkaHuanjia(plaintiff)and38companies(defendant)includingHuanjiaGroupCo.,Ltd.andDalianJinshundaMaterialRecyclingCo.,Ltd.,etc.TheamountofthesubjectmatterinvolvedinitisRMB890million.KonkaHuanjiahasappliedforthecourttosealupandfreezethedefendant'scorrespondingproperty.InthecaseinvolvingRMB322millionoflitigation,thecourtdeliveredarulingofthefirstinstancetoKangjiainMarch2023,rejectingthesuitofKangjiaHuanjia.Theremainingcases,involvingRMB568million,weredecidedbythecourtforthefirstinstanceinDecember2022,andKangjiaHuanjiadunhasappealedtotheLiaoningProvincialHighPeople'sCourt.Asofthedateofissuanceofthisreport,thecaseinvolvingRMB322millionoflitigationwasclosed,whilethecases,involvingRMB568million,wereremandedforretrial.
(10)TheamountofthesubjectmatterinvolvedinthedisputebetweentheCompany'ssubsidiaryDongguanKonka(plaintiff)andDongguanGaonengPolymerMaterialsCo.,Ltd.,WangDong,ShenzhenXinlianXingyaoTradingCo.,Ltd.,ShenzhenJinchuanQianchaoNetworkTechnologyCo.,Ltd.,PuningJunlongTradingCo.,Ltd.andHuangZhihao(defendants)oversalesandpurchasecontractsisRMB90million.InDecember2020,theCompanyfiledalawsuitwiththecourt.ThelatterissuedajudgmentinfavouroftheCompany.Asofthedateofissuanceofthisreport,thecasewasexecutedinprogress.
(11)AstheacceptorfailedtopaythecommercialbillsheldbytheCompanyuponmaturity,theCompany,astheplaintiff,filedalawsuitwiththecourtonthematuredbillsamountingtoRMB78million,requestingthecourttoorderHefeiHuajunTradingCo.,Ltd.andWuhanJialianAgriculturalTechnologyDevelopmentCo.,Ltd.topaytheCompanythebillsandtheinterestfordefault,andappliedforpropertypreservation.ThecaseexecutedareturnofRMB2million,andtheCompanyisapplyingwiththecourtforaddingshareholdersaspersonstobeexecuted.Asofthedateofissuanceofthisreport,thecasewasexecutedinprogress.
(12)TheamountofthesubjectmatterinvolvedinthedisputebetweentheCompany'ssubsidiaryKonkaFactoring(theplaintiff)andTahoeGroupCo.,Ltd.,FuzhouTaijiaEnterpriseCo.,Ltd.andXiamenLianchuangMicro-electronicsCo.,Ltd.(thedefendants)overtherightofrecourseforbillsisRMB50millionandthecorrespondinginterest.On1September12021,theIntermediatePeople'sCourtofXiamenMunicipality,FujianProvince,orderedthedefendantsto
paytheplaintiffe-commercialacceptancebillsofRMB50millionandthecorrespondinginterest.On4January2022,thecompulsoryenforcementwasfiled.ThecaseexecutedareturnofRMB43million.Asofthedateofissuanceofthisreport,thecasewasexecutedinprogress.
(13)TheamountofthesubjectmatterinvolvedinthedisputebetweentheCompany(plaintiff)andChinaEnergyElectricFuelCo.,Ltd.,ChinaEnergy(Shanghai)EnterpriseCo.,Ltd.,ShanghaiNengpingEnterpriseCo.,Ltd.andShenzhenQianhaiBaoyingCommercialFactoringCo.,Ltd.(defendants)overtherightofrecourseforbillsisRMB50millionandthecorrespondinginterest.InSeptember2018,thecompanyfiledalawsuitwiththeShenzhenIntermediatePeople'sCourt,andthecourthaspreservedthedefendant'scorrespondingproperty.Thejudgmentofthiscasehascomeintoeffect.ThecourtorderedChinaEnergyElectricFuelCo.,Ltd.andotherdefendantstopaytheCompanythebillsofRMB50millionandtheinterest.Asofthedateofissuanceofthisreport,thecasewasexecutedinprogress,andtheCompanyappliedwiththecourtforaddingshareholdersaspersonstobeexecuted.
(14)TheamountofthesubjectmatterinvolvedinthedisputebetweentheCompany'ssubsidiaryAnhuiKonka(plaintiff)andMakenaElectronic(HongKong)(defendant)overthesalesandpurchasecontractisRMB5,440,200.On7December2021,AnhuiKonkafiledarbitrationwiththeShenzhenCourtofInternationalArbitration.On14October2022,thecompulsoryenforcementwasfiled.Asofthedateofissuanceofthisreport,thecasewasexecutedinprogress.
(15)TheamountofthesubjectmatterinvolvedinthedisputebetweentheCompany'ssubsidiaryAnhuiKonka(plaintiff)andShanghaiLikaiLogisticsCo.,Ltd.ShenzhenBranchandShanghaiLikaiLogisticsCo.,Ltd.(defendants)overfreightforwardingcontractsinmaritimeandopenseawatersisRMB38million.On26April2021,KonkaappliedtoShanghaiMaritimeCourtforcompulsoryexecution.On7June2021,thecourtacceptedthecase.Asofthedateofissuanceofthisreport,thecasewasexecutedinprogress.
(16)TheamountofthesubjectmatterinvolvedinthedisputebetweentheCompany'ssubsidiaryPengrunTechnology(plaintiff)andGuanganOuQiShiElectronicTechnologyCo.,Ltd.,GuanHongshao,HuayingGaokedeElectronicTechnologyCo.,Ltd.,HuayingGaokelongElectronicTechnologyCo.,Ltd.,GuizhouJiaguidaTechnologyCo.,Ltd.,SichuanHongrongyuanRealEstateCo.,Ltd.,DuXinyu,LinbolongandWangShisheng(defendants)overtrustcontractisRMB167million.Thecasehasbeenappliedforpropertypreservationmeasures.Asofthedateofissuanceofthisreport,thecasewasundertrial.
(17)TheamountofthesubjectmatterinvolvedinthedisputebetweentheCompany(plaintiff)andYantaiKangyueInvestmentCo.,Ltd.(defendant)overborrowingcontractisRMB160million.TheCompanyhasappliedtotheShenzhenIntermediatePeople'sCourtfor
propertypreservation.Asofthedateofissuanceofthisreport,thecasesareundertrial.
(18)TheamountofthesubjectmatterinvolvedinthedisputebetweentheCompany'ssubsidiaryKonkaHuanjia(plaintiff)andBankOfFuxinCo.,Ltd.,HuanjiaGroup,DalianJinjiaMaterialsRecyclingCo.,Ltd.,DalianJinKaixuanRenewableResourcesAcquisitionChainCo.,Ltd.,DalianYingtaiPaperCo.,Ltd.,DalianZhanhongRenewableResourcesRecyclingCo.,Ltd.andWangJinping(defendants)overtheexecutionobjectionbyanoutsiderisRMB240million.Asofthedateofissuanceofthisreport,thecasewasundertrial.
(19)TheamountofthesubjectmatterinvolvedinthedisputebetweentheCompany'ssubsidiaryJiaxinTechnologyCo.,Limited(plaintiff)andTripodElectronicsTechnology(HongKong)Limited,ChenWenhuanandChenBaohong(defendants)overasalesandpurchasecontractofinternationalgoodsisRMB51million.Asofthedateofissuanceofthisreport,thecasewasundertrial.
(20)TheamountofthesubjectmatterinvolvedinthedisputebetweentheCompany'ssubsidiaryKangzhiTrade(plaintiff)andB<echnologyCo.,Limited(defendant)overasalesandpurchasecontractofinternationalgoodsisRMB25million.Asofthedateofissuanceofthisreport,thecasewasexecutedinprogress.
(21)TheamountofthesubjectmatterinvolvedinthedisputebetweentheCompany'ssubsidiaryAnhuiKonka(plaintiff)andMAKENAElectronic(Shenzhen)Co.,Ltd.(defendant)overaguaranteecontractisRMB21million.On27December2022,thecourtmadeverdictoffirstinstance,whichsupportedmostofAnhuiKonka'sclaims,andbothpartiesappealedagainsttheverdictoffirstinstance.Asofthedateofissuanceofthisreport,thecasewasundertrial.
(22)TheamountofthesubjectmatterinvolvedinthedisputebetweenShenzhenOrientalVentureCapitalInvestmentCo.,Ltd.(plaintiff)andtheCompany(defendant)overacontractisRMB750million.Asofthedateofissuanceofthisreport,thecasewasundertrial.
(23)TheamountofthesubjectmatterinvolvedinthedisputebetweentheCompanyandtheCompany'ssubsidiaryElectronicsTechnology(defendants)andWuRong(plaintiff)overasalesandpurchasecontractisRMB22million.Asofthedateofissuanceofthisreport,thecasewasundertrial.
XIII.Commitments
1.Capitalcommitments
Item
| Item | Closingbalance | Openingbalance |
| Contractsignedbuthasn'tbeenrecognisedinfinancialstatements |
-Commitmentonconstructionandpurchaseoflong-livedassets
| -Commitmentonconstructionandpurchaseoflong-livedassets | ||
| -Largeamountcontract | 675,769,622.91 | 523,553,381.89 |
| -Foreigninvestmentcommitments | ||
| Total | 675,769,622.91 | 523,553,381.89 |
2.OthercommitmentsAsof30June2023,therewerenoothersignificantcommitmentsfortheCompanytodisclose.XIV.EventsafterBalanceSheetDate
1.1.Nosignificantnon-adjustedevents
2.SalesreturnNosuchcasesintheReportingPeriod.
3.3.TherewerenoothersignificanteventsafterbalancesheetdatefortheCompany.XV.OtherSignificantEvents
TheCompanyhasnoothersignificantevents.XVI.NotesofMainItemsintheFinancialStatementsoftheCompanyastheParent
1.Accountsreceivable
（1）Accountsreceivablelistedbywithdrawalmethodsforbaddebts
| Category | Closingbalance | ||||
| Bookbalance | Provisionforbaddebts | Carryingvalue | |||
| Amount | Proportion(%) | Amount | Provisionpercentage(%) | ||
| Accountsreceivableofexpectedcreditlosseswithdrawnindividually | 716,102,287.05 | 11.79 | 652,174,491.35 | 91.07 | 63,927,795.70 |
| Accountsreceivableofexpectedcreditlosseswithdrawnbyportfolio | |||||
| Ofwhich:Agingportfolio | 350,995,222.41 | 5.78 | 192,533,466.31 | 54.85 | 158,461,756.10 |
| Groupingofrelatedparties | 5,004,296,403.24 | 82.43 | 5,004,296,403.24 | ||
Category
| Category | Closingbalance | ||||
| Bookbalance | Provisionforbaddebts | Carryingvalue | |||
| Amount | Proportion(%) | Amount | Provisionpercentage(%) | ||
| Subtotalofportfolio | 5,355,291,625.65 | 88.21 | 192,533,466.31 | 3.60 | 5,162,758,159.34 |
| Total | 6,071,393,912.70 | 100 | 844,707,957.66 | 13.91 | 5,226,685,955.04 |
(Continued)
| Category | Openingbalance | ||||
| Bookbalance | Provisionforbaddebts | Carryingvalue | |||
| Amount | Proportion(%) | Amount | Provisionpercentage(%) | ||
| Accountsreceivableofexpectedcreditlosseswithdrawnindividually | 723,559,609.63 | 13.60 | 652,094,110.07 | 90.12 | 71,465,499.56 |
| Accountsreceivableofexpectedcreditlosseswithdrawnbyportfolio | |||||
| Ofwhich:Agingportfolio | 410,174,776.68 | 7.71 | 193,889,834.11 | 47.27 | 216,284,942.57 |
| Groupingofrelatedparties | 4,186,128,552.37 | 78.69 | 4,186,128,552.37 | ||
| Subtotalofportfolio | 4,596,303,329.05 | 86.40 | 193,889,834.11 | 4.22 | 4,402,413,494.94 |
| Total | 5,319,862,938.68 | 100.00 | 845,983,944.18 | 15.90 | 4,473,878,994.50 |
（2）Provisionforbaddebtsofaccountsreceivableprovidedindividually
| Name | Closingbalance | |||
| Bookbalance | Provisionforbaddebts | Provisionpercentage(%) | Reasonsfortheprovision | |
| ShanghaiHuaxinInternationalGroupCo.,Ltd. | 299,136,676.70 | 293,153,943.17 | 98 | Expectedtobedifficulttorecover |
| HongtuSanbaoHigh-techTechnologyCo.,Ltd. | 200,000,000.00 | 160,000,000.00 | 80 | Agreementreorganisation |
Name
| Name | Closingbalance | |||
| Bookbalance | Provisionforbaddebts | Provisionpercentage(%) | Reasonsfortheprovision | |
| ZhongfuTiangongConstructionGroupCo.,Ltd. | 71,539,096.65 | 53,654,322.49 | 75 | Expectedtobedifficulttorecover |
| CCCCFirstHarborEngineeringCompanyLtd. | 55,438,105.00 | 55,438,105.00 | 100 | Expectedtobedifficulttorecover |
| ChinaEnergyElectricFuelCo.,Ltd. | 50,000,000.00 | 50,000,000.00 | 100 | Expectedtobedifficulttorecover |
| HenanRadioandTelevisionNetworkCo.,Ltd. | 26,847,370.00 | 26,847,370.00 | 100 | Expectedtobedifficulttorecover |
| Others | 13,141,038.70 | 13,080,750.69 | 99.54 | Expectedtobedifficulttorecover |
| Total | 716,102,287.05 | 652,174,491.35 | 91.07 | |
1）Provisionforbaddebtsforaccountsreceivablemadeasperportfolio
1Amongtheportfolio,withdrawalofexpectedcreditlossbyaging
| Aging | Closingbalance | ||
| Bookbalance | Provisionforbaddebts | Provisionpercentage(%) | |
| Withinoneyear | 98,861,669.89 | 2,016,778.04 | 2.04 |
| Onetotwoyears | 64,853,679.82 | 6,498,338.72 | 10.02 |
| Twotothreeyears | 3,042,884.82 | 690,430.57 | 22.69 |
| Overthreeyears | 184,236,987.88 | 183,327,918.98 | 99.51 |
| Threetofouryears | 2,588,464.99 | 1,679,396.09 | 64.88 |
| Fourtofiveyears | 19,473,262.48 | 19,473,262.48 | 100.00 |
| Overfiveyears | 162,175,260.41 | 162,175,260.41 | 100.00 |
| Total | 350,995,222.41 | 192,533,466.31 | 54.85 |
2Amongtheportfolio,withdrawalofexpectedcreditlossbyadoptingothermethod
| Aging | Closingbalance | ||
| Bookbalance | Provisionforbaddebts | Provisionpercentage(%) | |
| Groupingofrelatedparties | 5,004,296,403.24 | ||
| Total | 5,004,296,403.24 | ||
（3）Accountsreceivablelistedbyagingportfolio
| Aging | Closingbalance |
Withinoneyear
| Withinoneyear | 4,541,756,449.61 |
| Onetotwoyears | 516,433,226.62 |
| Twotothreeyears | 99,003,192.95 |
| Overthreeyears | 914,201,043.52 |
| Threetofouryears | 72,635,057.88 |
| Fourtofiveyears | 668,764,128.97 |
| Overfiveyears | 172,801,856.67 |
| Subtotal | 6,071,393,912.70 |
| Less:Provisionsforbaddebts | 844,707,957.66 |
| Total | 5,226,685,955.04 |
（4）InformationofprovisionforbaddebtsintheReportingPeriod
| Category | Openingbalance | ChangeintheReportingPeriod | |
| Provision | Recoveryorreclassification | ||
| Provisionforbaddebtsofaccountsreceivable | 845,983,944.18 | 320,444.05 | 1,596,430.57 |
| Total | 845,983,944.18 | 320,444.05 | 1,596,430.57 |
(Continued)
| Category | ChangeintheReportingPeriod | Closingbalance | |
| Charge-offorwrite-off | Others | ||
| Provisionforbaddebtsofaccountsreceivable | 844,707,957.66 | ||
| Total | 844,707,957.66 | ||
（5）NoactualverifiedaccountsreceivableintheReportingPeriod.（6）TopfiveaccountsreceivableintheclosingbalancecategorisedbydebtorsThetotalamountofreceivableswithtopfiveendingbalancecollectedbyarrearspartyfortheReportingPeriodwasRMB4,781,615,179.61,accountingfor78.76%ofthetotalendingbalanceofaccountsreceivable.ThetotalendingbalanceofprovisionforbaddebtscorrespondinglywithdrawnwasRMB0.
（7）Therewasnoaccountreceivableterminatedtherecognitionowningtothetransferofthefinancialassets
（8）TherewasnoassetandliabilityformedduetothetransferofaccountsreceivableandcontinuedinvolvementintheReportingPeriod
2.Otheraccountsreceivable
Item
| Item | Closingbalance | Openingbalance |
| Interestreceivable | 5,279,505.89 | 3,878,580.64 |
| Dividendsreceivable | 397,213,312.02 | 393,563,347.61 |
| Otheraccountsreceivable | 9,200,889,225.20 | 9,944,884,426.80 |
| Total | 9,603,382,043.11 | 10,342,326,355.05 |
2.1Interestreceivable
| Item | Closingbalance | Openingbalance |
| Interestontermdeposits | 5,279,505.89 | 3,878,580.64 |
| Total | 5,279,505.89 | 3,878,580.64 |
2.2Dividendsreceivable
| Investee | Closingbalance | Openingbalance |
| HongKongKonkaLimited | 117,213,312.02 | 113,563,347.61 |
| SuiningKonkaIndustrialParkDevelopmentCo.,Ltd. | 280,000,000.00 | 280,000,000.00 |
| Total | 397,213,312.02 | 393,563,347.61 |
2.3Otherreceivables
（1）Classifiedbyaccountnature
| Natureoffund | Closingbookbalance | Openingbookbalance |
| Intercoursefundsamongsubsidiaries | 10,878,544,849.73 | 11,299,542,985.57 |
| Energy-savingsubsidiesreceivable | 141,549,150.00 | 141,549,150.00 |
| Intercoursefundswithotherrelatedparties | 67,922,245.03 | 50,667,315.53 |
| Depositandmargin | 13,000,446.16 | 17,354,107.03 |
| Others | 63,695,802.50 | 375,797,998.76 |
| Total | 11,164,712,493.42 | 11,884,911,556.89 |
（2）Withdrawalofprovisionforbaddebtsforotherreceivables
| Provisionforbaddebts | PhaseI | PhaseII | PhaseIII | Total |
| Expectedcreditlossforthenext12months | Expectedcreditlossduringthewholeoutstandingmaturity(withoutcreditimpairment) | Expectedcreditlossduringthewholeoutstandingmaturity(withcreditimpairment) | ||
| Balanceasof1January2023 | 357,726.75 | 57,275,497.55 | 1,882,393,905.79 | 1,940,027,130.09 |
Provision
forbad
debts
| Provisionforbaddebts | PhaseI | PhaseII | PhaseIII | Total |
| Expectedcreditlossforthenext12months | Expectedcreditlossduringthewholeoutstandingmaturity(withoutcreditimpairment) | Expectedcreditlossduringthewholeoutstandingmaturity(withcreditimpairment) | ||
| IntheReportingPeriod,carryingamountofotherreceivableson1January2023 | -66,300.39 | 66,300.39 | ||
| --TransferredtoPhaseII | -66,300.39 | 66,300.39 | ||
| --TransferredtoPhaseIII | ||||
| --ReclassifiedunderPhaseII | ||||
| --ReclassifiedunderPhaseI | ||||
| ProvisionintheReportingPeriod | 333,341.39 | 14,165,418.49 | 9,297,378.25 | 23,796,138.13 |
| ReclassificationintheReportingPeriod | ||||
| Charge-offintheReportingPeriod | ||||
| Write-offintheReportingPeriod | ||||
| Otherchanges |
Provision
forbad
debts
| Provisionforbaddebts | PhaseI | PhaseII | PhaseIII | Total |
| Expectedcreditlossforthenext12months | Expectedcreditlossduringthewholeoutstandingmaturity(withoutcreditimpairment) | Expectedcreditlossduringthewholeoutstandingmaturity(withcreditimpairment) | ||
| Balanceasof30June2023 | 624,767.75 | 71,507,216.43 | 1,891,691,284.04 | 1,963,823,268.22 |
（3）Withdrawingprovisionforbaddebtsforotherreceivablesbyportfolio
| Category | Closingbalance | ||||
| Bookbalance | Provisionforbaddebts | Carryingvalue | |||
| Amount | Proportion(%) | Amount | Withdrawalproportion(%) | ||
| Otherreceivablesofexpectedcreditlosseswithdrawnindividually | 1,906,715,323.40 | 17.08 | 1,891,691,284.04 | 99.21 | 15,024,039.36 |
| Otherreceivablesofprovisionforbaddebtswithdrawnbycreditriskcharacteristicportfolio: | |||||
| Agingportfolio | 110,462,355.71 | 0.99 | 68,547,699.96 | 62.06 | 41,914,655.75 |
| Low-riskportfolio | 16,009,185.47 | 0.14 | 3,584,284.22 | 22.39 | 12,424,901.25 |
| Groupingofrelatedparties | 9,131,525,628.84 | 81.79 | 9,131,525,628.84 | ||
| Subtotalofportfolio | 9,257,997,170.02 | 82.92 | 72,131,984.18 | 0.78 | 9,185,865,185.84 |
| Total | 11,164,712,493.42 | 100 | 1,963,823,268.22 | 17.59 | 9,200,889,225.20 |
Category
| Category | Openingbalance | ||
| Bookbalance | Provisionforbaddebts | Carryingvalue | |
Amount
| Amount | Proportion(%) | Amount | Withdrawalproportion(%) | ||
| Otherreceivablesofexpectedcreditlosseswithdrawnindividually | 1,901,377,741.07 | 16.00 | 1,882,393,905.79 | 99.00 | 18,983,835.28 |
| Otherreceivablesofprovisionforbaddebtswithdrawnbycreditriskcharacteristicportfolio: | |||||
| Agingportfolio | 94,419,620.35 | 0.79 | 54,385,072.09 | 57.60 | 40,034,548.26 |
| Low-riskportfolio | 16,755,275.76 | 0.14 | 3,248,152.21 | 19.39 | 13,507,123.55 |
| Groupingofrelatedparties | 9,872,358,919.71 | 83.07 | 9,872,358,919.71 | ||
| Subtotalofportfolio | 9,983,533,815.82 | 84.00 | 57,633,224.30 | 0.58 | 9,925,900,591.52 |
| Total | 11,884,911,556.89 | 100.00 | 1,940,027,130.09 | 16.32 | 9,944,884,426.80 |
（4）Otherreceivableslistedbyaging
| Aging | Closingbalance |
| Withinoneyear | 4,613,334,198.38 |
| Onetotwoyears | 3,517,576,136.05 |
| Twotothreeyears | 1,001,637,203.66 |
| Threetofouryears | 325,281,105.82 |
| Fourtofiveyears | 1,358,342,044.40 |
| Overfiveyears | 348,541,805.11 |
| Subtotal | 11,164,712,493.42 |
| Less:Provisionsforbaddebts | 1,963,823,268.22 |
| Total | 9,200,889,225.20 |
（5）ProvisionforbaddebtsforotherreceivablesTheamountofprovisionforbaddebtsfortheReportingPeriodwasRMB23,796,138.13,andotherreceivablesactuallywrittenoffinthisperiodwereRMB0.00.
（6）OtherreceivablesactuallywrittenofffortheReportingPeriodTherewerenootherreceivablesactuallywrittenofffortheReportingPeriod.（7）TopfiveotheraccountsreceivableintheclosingbalancecategorisedbydebtorsThetotalamountofotherreceivableswithtopfiveendingbalancecollectedbyarrearspartythisyearwasRMB7,530,437,339.57,accountingfor67.45%ofthetotalendingbalanceofotherreceivables.ThetotalendingbalanceofprovisionforbaddebtscorrespondinglywithdrawnwasRMB1,732,011,461.53.
（8）TherewerenootherreceivablesderecognisedduetothetransferoffinancialassetsfortheReportingPeriod.（9）TherewerenoassetsorliabilitiesformedduetothetransferandthecontinuedinvolvementofotherreceivablesfortheReportingPeriod.
3.Long-termequityinvestment（1）Categoryoflong-termequityinvestment
Item
| Item | Closingbalance | Openingbalance | ||||
| Bookbalance | Provisionforimpairment | Carryingvalue | Bookbalance | Provisionforimpairment | Carryingvalue | |
| Investmentinsubsidiaries | 7,334,954,047.75 | 781,480,000.00 | 6,553,474,047.75 | 7,277,554,047.75 | 781,480,000.00 | 6,496,074,047.75 |
| Investmentinassociatedenterprisesandjointventures | 2,347,018,914.97 | 219,718,378.41 | 2,127,300,536.56 | 2,824,333,468.08 | 219,718,378.41 | 2,604,615,089.67 |
| Total | 9,681,972,962.72 | 1,001,198,378.41 | 8,680,774,584.31 | 10,101,887,515.83 | 1,001,198,378.41 | 9,100,689,137.42 |
（2）Investmentinsubsidiaries
| Investee | Openingbalance | IncreaseintheReportingPeriod | DecreaseintheReportingPeriod | Closingbalance | ImpairmentprovisionsetasideintheReportingPeriod | Closingbalanceoftheprovisionforimpairment |
| KonkaVentures | 2,550,000.00 | 2,550,000.00 | ||||
| AnhuiKonka | 122,780,937.98 | 122,780,937.98 | ||||
| KonkaFactoring | 300,000,000.00 | 300,000,000.00 | ||||
| KonkaUnifortune | 15,300,000.00 | 15,300,000.00 | ||||
| Wankaida | 10,000,000.00 | 10,000,000.00 | ||||
| DongguanKonka | 274,783,988.91 | 274,783,988.91 |
Investee
| Investee | Openingbalance | IncreaseintheReportingPeriod | DecreaseintheReportingPeriod | Closingbalance | ImpairmentprovisionsetasideintheReportingPeriod | Closingbalanceoftheprovisionforimpairment |
| KonkaEurope | 3,637,470.00 | 3,637,470.00 | ||||
| TelecommunicationTechnology | 360,000,000.00 | 360,000,000.00 | ||||
| MobileInterconnection | 100,000,000.00 | 100,000,000.00 | ||||
| AnhuiTongchuang | 779,702,612.22 | 779,702,612.22 | ||||
| Kangjiatong | 30,749,800.00 | 30,749,800.00 | ||||
| PengrunTechnology | 25,500,000.00 | 25,500,000.00 | ||||
| BeijingKonkaElectronic | 200,000,000.00 | 200,000,000.00 | ||||
| KonkaCircuit | 297,650,000.00 | 77,400,000.00 | 375,050,000.00 | |||
| HongKongKonka | 781,828.61 | 781,828.61 | ||||
| KonkaInvestment | 500,000,000.00 | 500,000,000.00 | ||||
| ElectronicsTechnology | 1,000,000,000.00 | 1,000,000,000.00 | ||||
| KonkaHuanjia | - | 91,800,000.00 | ||||
| ShanghaiKonka | 40,000,000.00 | 40,000,000.00 | - | |||
| JiangxiKonka | - | 689,680,000.00 | ||||
| ShenzhenNianhua | 30,000,000.00 | 30,000,000.00 | ||||
| ShenzhenKONSEMI | 100,000,000.00 | 100,000,000.00 | ||||
| KonkaEco-Development | 50,000.00 | 50,000.00 |
Investee
| Investee | Openingbalance | IncreaseintheReportingPeriod | DecreaseintheReportingPeriod | Closingbalance | ImpairmentprovisionsetasideintheReportingPeriod | Closingbalanceoftheprovisionforimpairment |
| SuiningKonkaIndustrialPark | 200,000,000.00 | 200,000,000.00 | ||||
| KonkaRonghe | 5,100,000.00 | 5,100,000.00 | ||||
| SuiningElectronicTechnologicalInnovation | 200,000,000.00 | 200,000,000.00 | ||||
| ShenzhenChuangzhiElectricalAppliances | 10,000,000.00 | 10,000,000.00 | ||||
| Kanghong(Yantai)EnvironmentalProtection | 1,025,100.00 | 1,025,100.00 | ||||
| ChongqingKangxingrui | 25,500,000.00 | 25,500,000.00 | ||||
| ChongqingOptoelectronicTechnologyResearchInstitute | 933,333,333.33 | 933,333,333.33 | ||||
| KowinMemory(Shenzhen) | 192,520,000.00 | 192,520,000.00 | ||||
| NingboKanghrElectricalAppliance | 90,000,000.00 | 90,000,000.00 | ||||
| KonkaIntelligentManufacturing | 510.00 | 510.00 | ||||
| SuiningJiarunProperty | 10,000,000.00 | 10,000,000.00 | ||||
| YibinKangrun | 67,000,000.00 | 67,000,000.00 |
Investee
| Investee | Openingbalance | IncreaseintheReportingPeriod | DecreaseintheReportingPeriod | Closingbalance | ImpairmentprovisionsetasideintheReportingPeriod | Closingbalanceoftheprovisionforimpairment |
| KonkaMaterial | 9,205,452.93 | 9,205,452.93 | ||||
| IndustrialandTradeTechnology | 50,000,000.00 | 50,000,000.00 | ||||
| KonkaHuazhong | 30,000,000.00 | 30,000,000.00 | ||||
| GuizhouKangguiMaterialTechnology | 70,000,000.00 | 70,000,000.00 | ||||
| NantongKanghai | 15,300,000.00 | 15,300,000.00 | ||||
| JiangxiKonkaHigh-techPark | 50,000,000.00 | 50,000,000.00 | ||||
| ShangraoKonkaElectronicTechnologyInnovation | 30,000,000.00 | 30,000,000.00 | ||||
| SichuanHongxinchenRealEstateDevelopmentCo.,Ltd. | 20,000,000.00 | 20,000,000.00 | - | |||
| Xi'anKanghongTechnologyIndustry | 12,000,000.00 | 12,000,000.00 | ||||
| Xi'anKonkaIntelligentTechnology | 50,000,000.00 | 50,000,000.00 | ||||
| TianjinKonka | 171,603,013.77 | 171,603,013.77 | ||||
| SongyangKonkaIntelligent | 30,000,000.00 | 30,000,000.00 |
Investee
| Investee | Openingbalance | IncreaseintheReportingPeriod | DecreaseintheReportingPeriod | Closingbalance | ImpairmentprovisionsetasideintheReportingPeriod | Closingbalanceoftheprovisionforimpairment |
| KonkaNorthChina | 30,000,000.00 | 30,000,000.00 | ||||
| Total | 6,496,074,047.75 | 77,400,000.00 | 20,000,000.00 | 6,553,474,047.75 | 781,480,000.00 |
（3）Investmentinassociatedenterprisesandjointventures
| Investee | Closingbalanceofpreviousperiod | ChangeintheReportingPeriod | |||
| Increaseintheinvestment | Decreaseintheinvestment | Profitorlossofinvestmentrecognisedbytheequitymethod | Changesinothercomprehensiveincome | ||
| AnhuiKaikaiShijieE-commerceCo.,Ltd. | 17,400,738.44 | ||||
| KunshanKangshengInvestmentDevelopmentCo.,Ltd. | 219,065,984.22 | -10,055,178.43 | |||
| ChutianDragonCo.,Ltd. | 523,726,463.18 | ||||
| ShaanxiSilkRoadCloudIntelligentTechCo.,Ltd. | 13,333,698.78 | -781,563.56 | |||
| ShenzhenKanghongxingIntelligentTechnologyCo.,Ltd. | |||||
| ShenzhenZhongkangBeidouTechnologyCo.,Ltd. | |||||
| ShenzhenKangjiaJiapinIntelligentElectricalApparatusTechnologyCo.,Ltd. | 5,371,364.87 | 739,175.43 | |||
| ShenzhenYaodeTechnologyCo.,Ltd. | |||||
| WuhanTianyuanEnvironmentalProtectionCo.,Ltd. | 352,295,640.91 | -3,659,889.05 | |||
| ShenzhenKONKAE-displayCo.,Ltd. | 12,567,702.52 | 690,558.45 | |||
| ChuzhouKonkaTechnologyIndustryDevelopmentCo.,Ltd. | 5,899,324.39 | -2,909,934.84 | |||
Investee
| Investee | Closingbalanceofpreviousperiod | ChangeintheReportingPeriod | |||
| Increaseintheinvestment | Decreaseintheinvestment | Profitorlossofinvestmentrecognisedbytheequitymethod | Changesinothercomprehensiveincome | ||
| ChuzhouKangjinHealthIndustrialDevelopmentCo.,Ltd. | 172,987,384.01 | -2,876,368.35 | |||
| NantongKangjianTechnologyIndustrialParkOperationsandManagementCo.,Ltd. | 5,625,680.96 | ||||
| ShenzhenKangyueEnterpriseCo.,Ltd. | 2,999,091.61 | -54,027.66 | |||
| DongguanGuankangYuhongInvestmentCo.,Ltd. | |||||
| ChongqingYuanlvBenpaoRealEstateCo.,Ltd. | |||||
| ChuzhouKangxinHealthIndustryDevelopmentCo.,Ltd. | 10,835,065.75 | -1,327,324.27 | |||
| E3info(Hainan)TechnologyCo.,Ltd. | 8,574,609.73 | ||||
| ShenzhenKangpengDigitalTechnologyCo.,Ltd. | 3,411,153.10 | -1,124,071.28 | |||
| YantaiKangyunIndustrialDevelopmentCo.,Ltd. | 4,135,456.96 | -2,714,568.47 | |||
| ShandongEconTechnologyCo.,Ltd. | 1,044,184,489.99 | ||||
| DongguanKangjiaNewMaterialsTechnologyCo.,Ltd.. | 3,950,928.27 | 186,757.47 | |||
| ChongqingE2infoTechnologyCo.,Ltd. | 163,744,169.42 | 15,527,141.05 | |||
| SichuanChengruiRealEstateCo.,Ltd. | 7,851,192.26 | -4,691,048.46 | |||
| WuhanKangtangInformationTechnologyCo.,Ltd. | 26,654,950.30 | -958,720.49 | |||
| SichuanHongxinchenRealEstateDevelopmentCo.,Ltd. | 6,161,929.55 | -3,564,612.77 | |||
| Total | 2,604,615,089.67 | 6,161,929.55 | -17,573,675.23 | ||
(Continued)
Investee
| Investee | ChangeintheReportingPeriod | Closingbalance | Endingbalanceofdepreciationreserve | |||
| Changesinotherequities | Cashdividendsorprofitsdeclaredtobedistributed | Provisionsetasideforimpairment | Others | (Carryingvalue) | ||
| AnhuiKaikaiShijieE-commerceCo.,Ltd. | 17,400,738.44 | |||||
| KunshanKangshengInvestmentDevelopmentCo.,Ltd. | 29,400,000.00 | 179,610,805.79 | ||||
| ChutianDragonCo.,Ltd. | -523,726,463.18 | |||||
| ShaanxiSilkRoadCloudIntelligentTechCo.,Ltd. | 12,552,135.22 | |||||
| ShenzhenKanghongxingIntelligentTechnologyCo.,Ltd. | 5,158,909.06 | |||||
| ShenzhenZhongkangBeidouTechnologyCo.,Ltd. | - | |||||
| ShenzhenKangjiaJiapinIntelligentElectricalApparatusTechnologyCo.,Ltd. | 6,110,540.30 | |||||
| ShenzhenYaodeTechnologyCo.,Ltd. | 214,559,469.35 | |||||
| WuhanTianyuanEnvironmentalProtectionCo.,Ltd. | 90,301,655.75 | 3,078,000.00 | 435,859,407.61 | |||
| ShenzhenKONKAE-displayCo.,Ltd. | 13,258,260.97 | |||||
| ChuzhouKonkaTechnologyIndustryDevelopmentCo.,Ltd. | 2,989,389.55 | |||||
| ChuzhouKangjinHealthIndustrialDevelopmentCo.,Ltd. | 170,111,015.66 | |||||
| NantongKangjianTechnologyIndustrialParkOperationsandManagementCo.,Ltd. | 5,625,680.96 | |||||
| ShenzhenKangyueEnterpriseCo.,Ltd. | 2,945,063.95 | |||||
| DongguanGuankangYuhongInvestment | ||||||
Investee
| Investee | ChangeintheReportingPeriod | Closingbalance | Endingbalanceofdepreciationreserve | |||
| Changesinotherequities | Cashdividendsorprofitsdeclaredtobedistributed | Provisionsetasideforimpairment | Others | (Carryingvalue) | ||
| Co.,Ltd. | ||||||
| ChongqingYuanlvBenpaoRealEstateCo.,Ltd. | ||||||
| ChuzhouKangxinHealthIndustryDevelopmentCo.,Ltd. | 9,507,741.48 | |||||
| E3info(Hainan)TechnologyCo.,Ltd. | 8,574,609.73 | |||||
| ShenzhenKangpengDigitalTechnologyCo.,Ltd. | 2,287,081.82 | |||||
| YantaiKangyunIndustrialDevelopmentCo.,Ltd. | 1,420,888.49 | |||||
| ShandongEconTechnologyCo.,Ltd. | 1,044,184,489.99 | |||||
| DongguanKangjiaNewMaterialsTechnologyCo.,Ltd.. | 4,137,685.74 | |||||
| ChongqingE2infoTechnologyCo.,Ltd. | 179,271,310.47 | |||||
| SichuanChengruiRealEstateCo.,Ltd. | 3,160,143.80 | |||||
| WuhanKangtangInformationTechnologyCo.,Ltd. | 25,696,229.81 | |||||
| SichuanHongxinchenRealEstateDevelopmentCo.,Ltd. | 2,597,316.78 | |||||
| Total | 90,301,655.75 | 32,478,000.00 | -523,726,463.18 | 2,127,300,536.56 | 219,718,378.41 | |
4.Operatingrevenueandcostofsales（
）Operatingincomeandoperatingcosts
Item
| Item | AmountincurredintheReportingPeriod | Amountincurredinthepreviousperiod | ||
| Income | Cost | Income | Cost | |
| Principalbusiness | 588,736,212.10 | 651,086,329.20 | 795,988,114.95 | 904,792,276.47 |
| Otherbusiness | 82,606,260.87 | 31,456,950.98 | 141,186,691.51 | 50,784,505.04 |
| Total | 671,342,472.97 | 682,543,280.18 | 937,174,806.46 | 955,576,781.51 |
(2)Informationinrelationtothetradepriceapportionedtotheresidualcontractperformanceobligation:
TheamountofincomecorrespondingtotheperformanceobligationsofcontractssignedbutnotyetperformedorfullyperformedwasRMB5,105429.95attheyear-end,amongwhichRMB5,105,429.95isexpectedtoberecognizedin2023.
5.Investmentincome
| Item | AmountincurredintheReportingPeriod | Amountincurredinthepreviousperiod |
| Returnsonlong-termequityinvestmentscalculatedbytheequitymethod | -17,573,675.23 | 76,488,083.68 |
| Returnoninvestmentarisingfromthedisposaloflong-termequityinvestments | 182,495,426.59 | 152,614,987.18 |
| Investmentincomefromdisposaloffinancialassetsatfairvaluethroughprofitorloss | -3,794,910.98 | |
| Interestincomefromdebtinvestmentsduringtheholdingperiod | 3,622,191.78 | 2,010,000.00 |
| Equityinvestmentcalculatedbytheequitymethodandconvertedtofinancialassets | 574,780,174.75 | |
| Returnoninvestmentinthefinancialassetsheldfortradingduringtheholdingperiod | 9,383,976.00 | |
| Others | 500,000.00 | |
| Total | 749,413,182.91 | 231,113,070.86 |
XVII.ApprovalofFinancialStatements
Thefinancialstatementwasapprovedon25August2023bytheBoardofDirectors.
XVIII.SupplementaryMaterials
1.Itemsandamountsofnon-recurringprofitorloss
Item
| Item | AmountoftheReportingPeriod | Notes |
| Gainsandlossesondisposalofnon-currentassets | 234,443,700.65 | |
| Taxrebates,reductionsorexemptionsduetoapprovalbeyondauthorityorthelackofofficialapprovaldocuments | ||
| GovernmentgrantsrecognisedintheReportingPeriod,exceptforthoseacquiredintheordinarycourseofbusinessorgrantedatcertainquotasoramountsaccordingtothegovernment'sunifiedstandards | 143,191,046.27 | |
| Dispossessionsurchargetonon-financialinstitutionsincludedinthecurrentprofitandloss | ||
| Profitsarisingfrombusinesscombinationwhenthecombinedcostislessthantherecognisedfairvalueofnetassetsofthemergedcompany | ||
| Gain/Lossonnon-monetaryassetswap | ||
| Gain/Lossonentrustingotherswithinvestmentsorassetmanagement | ||
| AssetimpairmentprovisionsduetoactsofGodsuchasnaturaldisasters | ||
| Gainsandlossesondebtrestructuring | ||
| Expensesonbusinessreorganisation,suchasexpensesonstaffarrangements,integration,etc. | ||
| Gain/Lossonthepartoverthefairvalueduetotransactionswithdistinctlyunfairprices | ||
| Currentnetprofitorlossofsubsidiariesacquiredinbusinesscombinationunderthesamecontrolfromperiod-beginningtocombinationdate | ||
| Gainsandlossesarisingfromcontingenciesunrelatedtothenormaloperationofthecompany'sbusiness | ||
| Gain/lossfromchangeoffairvalueoftradingfinancialassetsandliabilities,andderivativefinancialassetsandliabilities,andinvestmentgainsfromdisposaloftradingfinancialassetsandliabilities,andderivativefinancialassetsandliabilities,andinvestmentinotherobligatoryrights,otherthanvalidhedgingrelatedtotheCompany'scommonbusinesses | -95,971,002.08 | |
| Reclassificationofimpairmentlossallowancesofreceivablesandcontractassetsseparatelytestedforimpairment |
Item
| Item | AmountoftheReportingPeriod | Notes |
| Gain/lossonentrustmentloans | 62,144,007.08 | |
| Gain/lossonchangeinfairvalueofinvestmentpropertyofwhichthefollow-upmeasurementiscarriedoutadoptingfairvaluemethod | ||
| Effectoncurrentprofitorlosswhenaone-offadjustmentismadetocurrentprofitorlossaccordingtorequirementsoftaxation,accountingandotherrelevantlawsandregulations | ||
| Custodianfeesearnedfromentrustedoperation | ||
| Non-operatingincomeandexpensesotherthanthoselistedabove | 5,709,807.68 | |
| Otherprofitandlossitemsinlinewiththedefinitionofnon-recurringgainsandlosses | 584,664,150.75 | |
| Subtotal | 934,181,710.35 | |
| Less:Incometaxeffect | 226,223,116.92 | |
| Effectofminorityshareholders'equities(aftertax) | 9,604,455.35 | |
| Total | 698,354,138.08 |
（
）Particularsaboutothergainsandlossesthatmeetthedefinitionofexceptionalgain/loss:
| Item | Amount | Reasons |
| ShareholdinginChutianDragonCo.,Ltd. | 584,164,150.75 | AstheCompanyreducedpartofitsshareholdinginChutianDragonCo.,Ltd.,themeasurementofitsinvestmentinChutianDragonCo.,Ltd.wasadjustedinthecurrentperiodfromalong-termequityinvestment(undertheequitymethod)toaheld-for-tradingfinancialasset,whichincurredanexceptionalgain. |
（
）TheexplanationoftheCompanyto"Projectconfirmedwiththedefinitionofnon-recurringgainsandlosses"anddefinenon-recurringgainsandlossesasrecurringgainsandlossesaccordingtothenatureandfeaturesofnormalbusinessoperationsofit.
| Item | Amount | Reasons |
| Softwaretaxrefund | 3,434,829.42 | Governmentsubsidieswhicharecloselyrelatedtothenormalbusinessofthecompanyandwhichareinaccordancewithnationalpoliciesandcertainstandardquotaorquantitativeamount |
| Total | 3,434,829.42 |
2.Returnonnetassetsandearningspershare
ProfitfortheReportingPeriod
| ProfitfortheReportingPeriod | Weightedaveragereturnonnetassets(%) | EPS(RMB/share) | |
| Basicearningspershare | Dilutedearningspershare | ||
| NetprofitattributabletoordinaryshareholdersoftheCompanyastheParent | -2.55 | -0.0803 | -0.0803 |
| NetprofitattributabletoordinaryshareholdersoftheCompanyastheParentbeforeexceptionalgainsandlosses | -11.76 | -0.3703 | -0.3703 |
3.AccountingDataDifferencesunderChina’sAccountingStandardsforBusinessEnterprises(CAS)andInternationalFinancialReportingStandards(IFRS)andForeignAccountingStandards（
）NetProfitandEquityunderCASandIFRS
□Applicable√Notapplicable
（
）NetProfitandEquityDifferencesunderCASandForeignAccountingStandards
□Applicable√Notapplicable
TheBoardofDirectorsKonkaGroupCo.,Ltd.25August2023