Shenzhen Tellus Holding Co., Ltd.
The Third Quarterly Report For 2019
October 2019
Section I. Important NoticeBoard of Directors, Supervisory Committee, all directors, supervisors and seniorexecutives of Shenzhen Tellus Holding Co., Ltd. (hereinafter referred to as theCompany) hereby confirm that there are no any fictitious statements, misleadingstatements, or important omissions carried in this report, and shall take allresponsibilities, individual and/or joint, for the reality, accuracy and completionof the whole contents.All directors are present the meeting of the Board for deliberating the ThirdQuarter Report of the Company in person.Fu Chunlong, person in charge of the Company, head of the accounting worksLou Hong and Liu Yuhong, accounting body principals (accountant in charge)hereby confirm that the Financial Report of the Third Quarterly Report isauthentic, accurate and complete
Section II. Basic information of Company
I. Main accounting data and indexWhether it has retroactive adjustment or re-statement on previous accounting data or not
□Yes √No
| Current period-end | Period-end of last year | Increase/decrease | ||||
| Total assets (RMB) | 1,803,019,053.39 | 1,658,295,531.00 | 8.73% | |||
| Net assets attributable to shareholders of listed company (RMB) | 1,114,250,727.18 | 1,050,209,537.35 | 6.10% | |||
| Current period | Increase/decrease in comparison with same period of last year (%) | From Year-begin to end of the Period | Increase/decrease in comparison with year-begin to Period-end of last year | |||
| Operating revenue (RMB) | 147,368,783.52 | 59.10% | 425,637,522.85 | 46.48% | ||
| Net profit attributable to shareholders of the listed company (RMB) | 19,261,241.23 | 115.93% | 64,041,189.83 | 78.68% | ||
| Net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses (RMB) | 17,897,653.01 | 162.56% | 58,491,012.73 | 102.28% | ||
| Net cash flow arising from operating activities (RMB) | -- | -- | 57,968,425.90 | |||
| Basic earnings per share (RMB/Share) | 0.0447 | 49.00% | 0.1486 | 23.22% | ||
| Diluted earnings per share (RMB/Share) | 0.0447 | 49.00% | 0.1486 | 23.22% | ||
| Weighted average ROE | 1.74% | 0.84% | 5.92% | 2.27% | ||
Items and amount of extraordinary profit (gains)/losses
√Applicable □Not applicable
In RMB
| Item | Amount from year-begin to end of the Period | Note |
| Gains/losses from the disposal of non-current asset (including the write-off that accrued for impairment of assets) | 244,106.72 | Income from disposal fixed assets |
| Governmental subsidy reckoned into current gains/losses (not including the subsidy enjoyed in quota or ration according to national standards, which are closely relevant to enterprise’s business) | 278,123.14 | Government subsidy |
| Capital occupancy expense, collected from non-financial enterprises and recorded in current gains and losses | 56,458.32 | Capital occupation fee of joint-stock enterprise |
| Except for effective hedge business relevant to normal operation of the Company, gains and losses arising from fair value change of tradable financial assets and tradable financial liabilities, and investment income from disposal of tradable financial assets, tradable financial liabilities and financial assets available for sale | 7,529,132.94 | Income from financing |
| Restoring of receivable impairment provision that tested individually | 460,948.15 | Restoring of bad debt provision |
| Other non-operating income and expenditure except for the aforementioned items | -746,745.70 | The liquidated damages paid for early termination of lease from Tellus Starlight Jinzun Company |
| Less: impact on income tax | 1,875,531.86 | |
| Impact on minority shareholders’ equity (post-tax) | 396,314.61 | |
| Total | 5,550,177.10 | -- |
Concerning the extraordinary profit (gain)/loss defined by Q&A Announcement No.1 on Information Disclosure for CompaniesOffering Their Securities to the Public --- Extraordinary Profit/loss, and the items defined as recurring profit (gain)/loss according tothe lists of extraordinary profit (gain)/loss in Q&A Announcement No.1 on Information Disclosure for Companies Offering TheirSecurities to the Public --- Extraordinary Profit/loss, explain reasons
□ Applicable √ Not applicable
In reporting period, the Company has no particular about items defined as recurring profit (gain)/loss according to the lists ofextraordinary profit (gain)/loss in Q&A Announcement No.1 on Information Disclosure for Companies Offering Their Securities tothe Public --- Extraordinary Profit/loss.
II. Statement of the total shareholders and shares-held of top ten shareholders at end of thePeriod
1. Number of common shareholders and preference shareholders with voting rights recovered and top tencommon shareholders
In share
| Total number of common shareholders at the end of report period | 52,620 | Total preference shareholders with voting rights recovered at end of reporting period (if applicable) | 0 | ||||
| Top ten shareholders | |||||||
| Shareholders | Nature of | Proportion of | Amount of shares | Amount of | Number of share pledged/frozen | ||
| shareholder | shares held | held | restricted shares held | State of share | Amount | |
| SHENZHEN SDG CO., LTD. | State-owned corporate | 49.09% | 211,591,621 | 0 | 0 | |
| Shenzhen Capital Fortune Jewelry Industry Investment Enterprise (limited partnership) | Domestic non-state-owned corporate | 18.89% | 81,407,360 | 0 | 0 | |
| GUOTAI JUNAN SECURITIES(HONGKONG) LIMITED | Foreign corporation | 0.41% | 1,746,091 | 0 | 0 | |
| Agricultural Bank of China Ltd. – CSI 500 ETF | Other | 0.23% | 997,124 | 0 | 0 | |
| Zuo Min | Domestic nature person | 0.13% | 551,500 | 0 | 0 | |
| Hong Kong Securities Clearing Company Ltd. | Foreign corporation | 0.12% | 497,052 | 0 | 0 | |
| Li Guangxin | Domestic nature person | 0.11% | 487,181 | 0 | 0 | |
| Huang Xinchang | Domestic nature person | 0.11% | 463,565 | 0 | 0 | |
| He Xing | Domestic nature person | 0.10% | 444,135 | 0 | 0 | |
| Zeng Huiming | Foreign nature person | 0.09% | 388,640 | 0 | 0 | |
| Particular about top ten shareholders with un-restrict shares held | ||||||
| Shareholders | Amount of un-restrict shares held | Type of shares | ||||
| Type | Amount | |||||
| SHENZHEN SDG CO., LTD. | 211,591,621 | RMB ordinary shares | 211,591,621 | |||
| Shenzhen Capital Fortune Jewelry Industry Investment Enterprise | 81,407,360 | RMB ordinary shares | 81,407,360 | |||
| (limited partnership) | |||
| GUOTAI JUNAN SECURITIES(HONGKONG) LIMITED | 1,746,091 | Domestically listed foreign shares | 1,746,091 |
| Agricultural Bank of China Ltd. – CSI 500 ETF | 997,124 | RMB ordinary shares | 997,124 |
| Zuo Min | 551,500 | RMB ordinary shares | 551,500 |
| Hong Kong Securities Clearing Company Ltd. | 497,052 | RMB ordinary shares | 497,052 |
| Li Guangxin | 487,181 | Domestically listed foreign shares | 487,181 |
| Huang Xinchang | 463,565 | RMB ordinary shares | 463,565 |
| He Xing | 444,135 | Domestically listed foreign shares | 444,135 |
| Zeng Huiming | 388,640 | Domestically listed foreign shares | 388,640 |
| Explanation on associated relationship among the top ten shareholders or consistent action | Among the top ten shareholders, there exists no associated relationship between the state-owned legal person’s shareholders Shenzhen SDG Co., Ltd and other shareholders, and they do not belong to the consistent actionist regulated by the Management Measure of Information Disclosure on Change of Shareholding for Listed Companies. For the other shareholders of circulation share, the Company is unknown whether they belong to the consistent actionist. | ||
| Explanation on top ten common shareholders involving margin business (if applicable) | Shareholder Zuo Min holds 551,500 shares of the Company through security account for credit transactions, and holds 0 share of the Company via common security account, 551,500 shares are held in total by Huang. Shareholder Huang Xinchang holds 463,565 shares of the Company through security account for credit transactions, and holds 0 share of the Company via common security account, 463,565 shares are held in total by Huang. | ||
Whether top ten common shareholders or top ten common shareholders with un-restrict shares held have a buy-back agreementdealing in reporting period
□ Yes √ No
The top ten common shareholders or top ten common shareholders with un-restrict shares held of the Company have no buy-backagreement dealing in reporting period.
2. Total of shareholders with preferred stock held and the top ten shareholdings
□Applicable √Not applicable
Section III. Important events
I. Particular about major changes from items of main accounting statements and financialindexes as well as reasons
√ Applicable □Not applicable
| Balance Sheet | |||||
| Assets | Closing balance | Opening balance | Amount changed | Ratio changed | Causes |
| Monetary Fund | 216,483,610.67 | 169,512,260.69 | 46,971,349.98 | 27.71% | Equity transfer account of Xinglong received |
| Account receivable | 117,114,399.06 | 86,104,660.51 | 31,009,738.55 | 36.01% | Account receivable for jewelry wholesale from Sichuan Jewelry Company increased |
| Inventory | 6,597,660.18 | 12,342,854.40 | -5,745,194.22 | -46.55% | Stock vehicles from Huari Company at period-end declined |
| Other current assets | 638,927.07 | 2,032,494.44 | -1,393,567.37 | -68.56% | Carry forward the pending deduct VAT on purchase |
| Long term equity investment | 158,081,935.09 | 224,644,766.21 | -66,562,831.12 | -29.63% | Bonus from share-participated enterprise Dongfeng Company and Zungfu Tellus |
| Short-term loans | 93,000,000.00 | 143,000,000.00 | -50,000,000.00 | -34.97% | Bank loans payment |
| Long-term loans | 34,934,887.55 | -34,934,887.55 | Bank loans payment |
| Retained profit | 248,576,512.53 | 184,535,322.70 | 64,041,189.83 | 34.70% | Net profit attributable to owners of parent company increased in the period |
| Minority’s interest | 70,442,622.70 | 49,072,678.52 | 21,369,944.18 | 43.55% | Investment contribution from minority are received by Sichuan Jewelry Company in the period |
| Account paid in advance | 15,852,711.86 | 9,112,473.27 | 6,740,238.59 | 73.97% | Account of vehicle procurement paid in advance from Huari Company |
| Other account receivable | 49,085,800.83 | 14,483,208.41 | 34,602,592.42 | 238.92% | Bonus receivable from share-participated enterprise |
| Fixed assets | 108,004,259.57 | 112,674,017.53 | -4,669,757.96 | -4.14% | |
| Construction in progress | 95,457,077.32 | 12,843,571.97 | 82,613,505.35 | 643.23% | Initial investment for the 2nd phase project of Jewelry Building |
| Account payable | 64,910,586.04 | 73,365,876.09 | -8,455,290.05 | -11.52% | Account for the 1st phase project of Jewelry Building paid |
| Account | 12,422,345.77 | 15,897,763.97 | -3,475,418.20 | -21.86% | Vehicle-sales account received by |
| received in advance | Huari Company are carry-over as income |
| Other payable | 398,643,695.11 | 250,489,094.47 | 148,154,600.64 | 59.15% | Account of the equity transfer of Xinglong Company ready for carry forward |
| Investment real estate | 490,052,228.96 | 503,922,413.70 | -13,870,184.74 | -2.75% | |
| Long-term deferred expenses | 11,049,156.07 | 6,304,607.22 | 4,744,548.85 | 75.26% | Decoration charge increased |
| Other non current assets | 100,000.00 | 3,356,964.72 | -3,256,964.72 | -97.02% | The account of engineering paid in advance are carry forward to construction in progress | |
| Transactional financial assets | 364,882,733.47 | 330,400,000.00 | 34,482,733.47 | 10.44% | Purchasing more financial products | |
| Profit statement | ||||||
| Item | This cumulative | Same period last year | Amount changed | Ratio changed | Causes | |
| Taxes and additional | 4,319,838.32 | 4,328,002.45 | -8,164.13 | -0.19% | ||
| Income from investment | 22,566,849.89 | 24,781,246.51 | -2,214,396.62 | -8.94% | Investment income from shareholding corporation decreased | |
| Net profit attributable to shareholders of listed companies | 64,041,189.83 | 35,840,454.89 | 28,200,734.94 | 78.68% | Operation profit from 1st phase project of Jewelry Building increased | |
| Financial expenses | 4,716,086.24 | 4,664,936.72 | 51,149.52 | 1.10% | ||
| Assets impairment loss | -11,907.69 | -383,789.39 | 371,881.70 | Provision for bad debts is reversed | ||
| Income tax | 10,188,689.49 | 3,512,202.79 | 6,676,486.70 | 190.09% | Operation profit increased |
| Operating income | 425,637,522.85 | 290,580,852.31 | 135,056,670.54 | 46.48% | Operation income from 1st phase project of Jewelry Building increased on a y-o-y basis |
| Operating cost | 323,317,036.00 | 225,063,206.15 | 98,253,829.85 | 43.66% | Operating cost increased with the growth of income |
| Sales expenses | 14,256,308.73 | 13,044,897.24 | 1,211,411.49 | 9.29% | Operation expenses for 1st phase project of Jewelry Building increased |
| Management | 26,035,385.25 | 28,759,511.53 | -2,724,126.28 | -9.47% | Remuneration declined due to the |
| expenses | decrease of staffs, and routine expenses are in control | |||||
| Cash flow statement | ||||||
| Item | This cumulative | Same period last year | Amount changed | Ratio changed | Causes | |
| Net cash flow arising from investment activities | 70,629,412.84 | -571,829.95 | 71,201,242.79 | In-flow refers to the equity transfer account of Xinglong received; out-flow refers to the initial investment for the 2nd phase project of Jewelry Building | |
| Net cash flow arising from financing activities | -81,626,498.60 | 18,901,213.52 | -100,527,712.12 | Bank loans paid to the bank increased on a y-o-y basis |
| Net increase of cash and cash equivalent | 46,971,349.98 | -7,650,223.64 | 54,621,573.62 | ||
| Net cash flow arising from operation activities | 57,968,425.90 | -25,979,677.74 | 83,948,103.64 | Operation income from 1st phase project of Jewelry Building increased on a y-o-y basis |
II. Progress and influence of the main events as well as solution analysis specification
√Applicable □Not applicable
Sales of the 43% equity of Shenzhen Xinglong Machinery Mould Co., Ltd.On 12 December 2017 and on 28 December 2017, the 13
th extraordinary meeting of 8
th
BOD and the 3
rdextraordinary generalmeeting of 2017 were holding for deliberated and approved the Proposal on selling 43% equity of Shenzhen Xinglong MachineryMould Co., Ltd., that is, agreed to selling 43% equity of Shenzhen Xinglong Machinery Mould Co., Ltd, the share-participatedenterprise, through public listing with not less than the asset appraisal value 286.0171 million Yuan. After transaction, the Companyno longer holds equity of Shenzhen Xinglong Machinery Mould Co., Ltd. Relevant content found in the Notice on selling 43% equityof Shenzhen Xinglong Machinery Mould Co., Ltd. (Notice No.: 2017-095) released on Securities Times, Hong Kong CommercialDaily and Juchao Website (http://www.cninfo.com.cn)
On 26 March 2018, the 43% equity of Shenzhen Xinglong Machinery Mould Co., Ltd are transferred by listing on Shenzhen UnitedProperty and Share Rights Exchange. According to the trading result from Shenzhen United Property and Share Rights Exchange tillend of the listing, Shenzhen Runhe United Investment Development Co., Ltd (hereinafter referred to as Runhe) is the ultimatetransferee with price of 286.67 million Yuan for transferring. Cash deposit 30 million Yuan are paid to Shenzhen United Propertyand Share Rights Exchange by Runhe. On 15 June 2018, the Company entered into an State-owned Assets Transfer Agreement withRunhe, the 43% equity of Shenzhen Xinglong Machinery Mould Co., Ltd will transfer with price of 286.67 million Yuan. Relevantcontent found in the Progress of selling 43% equity of Shenzhen Xinglong Machinery Mould Co., Ltd. (Notice No.: 2018-040)released on Securities Times, Hong Kong Commercial Daily and Juchao Website (http://www.cninfo.com.cn)
Up to 13 August 2019, the total transfer amount 286.67 million Yuan and interest 9.0281 million Yuan are collected by the Company,all account agreed on supplemental agreement and the State-owned Assets Transfer Agreement are received by the Company.Relevant content found in the Progress of selling 43% equity of Shenzhen Xinglong Machinery Mould Co., Ltd. (Notice No.:
2019-028) released on Securities Times, Hong Kong Commercial Daily and Juchao Website (http://www.cninfo.com.cn)
On 8 October 2019, The industrial and commercial change registration procedures for the equity transfer of Shenzhen XinglongMachinery Mould Co., Ltd was completed. After registration change completed, the Company no longer holds equity of ShenzhenXinglong Machinery Mould Co., Ltd and the transaction has been completed. Relevant content found in the Notice of industrial &commercial registration of changes on selling 43% equity of Shenzhen Xinglong Machinery Mould Co., Ltd. (Notice No.: 2019-037)released on Securities Times, Hong Kong Commercial Daily and Juchao Website (http://www.cninfo.com.cn)
| Overview | Date for disclosure | Information index for temporary report disclosure |
| Sales of the 43% equity of Shenzhen Xinglong Machinery Mould Co., Ltd. | 2017-12-13 | Found more in the Notice on selling 43% equity of Shenzhen Xinglong Machinery Mould Co., Ltd. (Notice No.: 2017-095) released on Securities Times, Hong Kong Commercial Daily and Juchao Website (http://www.cninfo.com.cn) |
| 2018-06-20 | Found more in the Progress of selling 43% equity of Shenzhen Xinglong Machinery Mould Co., Ltd. (Notice No.: 2018-040) released on Securities Times, Hong Kong Commercial Daily and Juchao Website (http://www.cninfo.com.cn) | |
| 2019-08-16 | Found more in the Progress of selling 43% equity of Shenzhen Xinglong Machinery Mould Co., Ltd. (Notice No.: 2019-028) released on Securities Times, Hong Kong Commercial Daily and Juchao Website (http://www.cninfo.com.cn) | |
| 2019-10-11 | Found more in the Notice of industrial & commercial registration of changes on selling 43% equity of Shenzhen Xinglong Machinery Mould Co., Ltd. (Notice No.: 2019-037) released on Securities Times, Hong Kong Commercial Daily and Juchao Website (http://www.cninfo.com.cn) |
Progress of shares buy-back
□Applicable √Not applicable
Implementation progress of the reduction of repurchases shares by centralized bidding
□Applicable √Not applicable
III. Commitments that the actual controller, shareholders, related party, acquirer and theCompany etc. have fulfilled during the reporting period and have not yet fulfilled by the endof reporting period
□ Applicable √ Not applicable
There are no commitments that the actual controller, shareholders, related party, acquirer and the Company etc. have fulfilled duringthe reporting period and have not yet fulfilled by the end of reporting period.IV. Particular about security investment
□ Applicable √ Not applicable
The Company had no security investment in Period.V. Entrust finance
√Applicable □Not applicable
In 10 thousand Yuan
| Type | Capital sources | Amount entrust | Unexpired balance | Overdue amount |
| Bank financial products | Own funds | 36,488.27 | 36,488.27 | 0 |
| Total | 36,488.27 | 36,488.27 | 0 | |
Details of the single major amount, or high-risk entrust investment with low security, poor fluidity and non-guaranteed:
□ Applicable √ Not applicable
Entrust financial expected to be unable to recover the principal or impairment might be occurred
□ Applicable √ Not applicable
VI. Particulars about derivatives investment
□ Applicable √ Not applicable
The Company had no derivatives investment in Period.VII. Registration form for receiving research, communication and interview in the reportperiod
□ Applicable √ Not applicable
No registration form for receiving research, communication or interview in the Period.VIII. Guarantee outside against the regulation
□Applicable √Not applicable
The Company had no guarantee outside against the regulation in the reporting period.
IX. Non-operational fund occupation from controlling shareholders and its related party
□ Applicable √ Not applicable
The Company had no non-operational fund occupation form controlling shareholders and its related party in the period.
Section IV. Financial StatementI. Financial statement
1. Consolidate balance sheet
Prepared by Shenzhen Tellus Holding Co., Ltd.
2019-09-30
In RMB
| Item | 2019-9-30 | 2018-12-31 |
| Current assets: | ||
| Monetary funds | 216,483,610.67 | 169,512,260.69 |
| Settlement provisions | ||
| Capital lent | ||
| Tradable financial assets | 364,882,733.47 | |
| Financial assets measured by fair value and with variation reckoned into current gains/losses | ||
| Derivative financial assets | ||
| Note receivable | ||
| Account receivable | 117,114,399.06 | 86,104,660.51 |
| Receivable financing | ||
| Accounts paid in advance | 15,852,711.86 | 9,112,473.27 |
| Insurance receivable | ||
| Reinsurance receivables | ||
| Contract reserve of reinsurance receivable | ||
| Other account receivable | 49,085,800.83 | 14,483,208.41 |
| Including: Interest receivable | 1,031,521.11 | 723,407.50 |
| Dividend receivable | 39,100,548.07 | 232,683.74 |
| Buying back the sale of financial assets | ||
| Inventories | 6,597,660.18 | 12,342,854.40 |
| Contractual assets | ||
| Assets held for sale | 85,017,251.77 | 85,017,251.77 |
| Non-current asset due within one year | ||
| Other current assets | 638,927.07 | 332,432,494.44 |
| Total current assets | 855,673,094.91 | 709,005,203.49 |
| Non-current assets: | ||
| Loans and payments on behalf | ||
| Debt investment | ||
| Finance asset available for sales | 10,176,617.20 | |
| Other debt investment | ||
| Held-to-maturity investment | ||
| Long-term account receivable | ||
| Long-term equity investment | 158,081,935.09 | 224,644,766.21 |
| Investment in other equity instrument | 10,176,617.20 | |
| Other non-current financial assets | ||
| Investment real estate | 490,052,228.96 | 503,922,413.70 |
| Fixed assets | 108,004,259.57 | 112,674,017.53 |
| Construction in progress | 95,457,077.32 | 12,843,571.97 |
| Productive biological asset | ||
| Oil and gas asset | ||
| Right-of-use assets | ||
| Intangible assets | 50,098,804.21 | 51,012,282.25 |
| Expense on Research and Development | ||
| Goodwill | ||
| Long-term deferred expenses | 11,049,156.07 | 6,304,607.22 |
| Deferred income tax asset | 24,325,880.06 | 24,355,086.71 |
| Other non-current asset | 100,000.00 | 3,356,964.72 |
| Total non-current asset | 947,345,958.48 | 949,290,327.51 |
| Total assets | 1,803,019,053.39 | 1,658,295,531.00 |
| Current liabilities: | ||
| Short-term loans | 93,000,000.00 | 143,000,000.00 |
| Loan from central bank | ||
| Capital borrowed | ||
| Tradable financial liability |
| Financial liability measured by fair value and with variation reckoned into current gains/losses | ||
| Derivative financial liability | ||
| Note payable | ||
| Account payable | 64,910,586.04 | 73,365,876.09 |
| Accounts received in advance | 12,422,345.77 | 15,897,763.97 |
| Contractual liability | ||
| Selling financial asset of repurchase | ||
| Absorbing deposit and inter-bank deposit | ||
| Security trading of agency | ||
| Security sales of agency | ||
| Wage payable | 26,752,456.35 | 25,802,670.36 |
| Taxes payable | 16,450,991.12 | 9,377,393.57 |
| Other account payable | 398,643,695.11 | 250,489,094.47 |
| Including: Interest payable | 290,215.78 | |
| Dividend payable | ||
| Commission charge and commission payable | ||
| Reinsurance payable | ||
| Liability held for sale | ||
| Non-current liabilities due within one year | ||
| Other current liabilities | ||
| Total current liabilities | 612,180,074.39 | 517,932,798.46 |
| Non-current liabilities: | ||
| Insurance contract reserve | ||
| Long-term loans | 34,934,887.55 | |
| Bonds payable | ||
| Including: Preferred stock | ||
| Perpetual capital securities | ||
| Lease liability | ||
| Long-term account payable | 3,920,160.36 | 3,920,160.36 |
| Long-term wages payable | ||
| Accrual liability | 2,225,468.76 | 2,225,468.76 |
| Deferred income | ||
| Deferred income tax liabilities | ||
| Other non-current liabilities | ||
| Total non-current liabilities | 6,145,629.12 | 41,080,516.67 |
| Total liabilities | 618,325,703.51 | 559,013,315.13 |
| Owner’s equity: | ||
| Share capital | 431,058,320.00 | 297,281,600.00 |
| Other equity instrument | ||
| Including: Preferred stock | ||
| Perpetual capital securities | ||
| Capital public reserve | 431,449,554.51 | 565,226,274.51 |
| Less: Inventory shares | ||
| Other comprehensive income | 26,422.00 | 26,422.00 |
| Reasonable reserve | ||
| Surplus public reserve | 3,139,918.14 | 3,139,918.14 |
| Provision of general risk | ||
| Retained profit | 248,576,512.53 | 184,535,322.70 |
| Total owner’ s equity attributable to parent company | 1,114,250,727.18 | 1,050,209,537.35 |
| Minority interests | 70,442,622.70 | 49,072,678.52 |
| Total owner’ s equity | 1,184,693,349.88 | 1,099,282,215.87 |
| Total liabilities and owner’ s equity | 1,803,019,053.39 | 1,658,295,531.00 |
Legal Representative: Fu ChunlongPerson in charge of accounting works: Lou HongPerson in charge of accounting institute: Liu Yuhong
2. Balance Sheet of Parent Company
In RMB
| Item | 2019-9-30 | 2018-12-31 |
| Current assets: |
| Monetary funds | 119,812,756.04 | 88,836,626.14 |
| Tradable financial assets | 205,000,000.00 | |
| Financial assets measured by fair value and with variation reckoned into current gains/losses | ||
| Derivative financial assets | ||
| Note receivable | ||
| Account receivable | 576,766.00 | 38,274.00 |
| Receivable financing | ||
| Accounts paid in advance | 1,742,930.09 | 604,800.00 |
| Other account receivable | 127,847,295.53 | 115,782,944.37 |
| Including: Interest receivable | 1,031,521.11 | 723,407.50 |
| Dividend receivable | 232,683.74 | |
| Inventories | ||
| Contractual assets | ||
| Assets held for sale | 85,017,251.77 | 85,017,251.77 |
| Non-current assets maturing within one year | ||
| Other current assets | 195,506,958.35 | |
| Total current assets | 539,996,999.43 | 485,786,854.63 |
| Non-current assets: | ||
| Debt investment | ||
| Available-for-sale financial assets | 10,176,617.20 | |
| Other debt investment | ||
| Held-to-maturity investments | ||
| Long-term receivables | ||
| Long-term equity investments | 843,151,275.42 | 836,283,491.38 |
| Investment in other equity instrument | 10,176,617.20 | |
| Other non-current financial assets | ||
| Investment real estate | 40,342,835.21 | 44,820,151.69 |
| Fixed assets | 14,143,782.45 | 14,824,845.14 |
| Construction in progress | 75,806,992.10 | 12,843,571.97 |
| Productive biological assets | ||
| Oil and natural gas assets |
| Right-of-use assets | ||
| Intangible assets | 218,848.39 | 249,731.94 |
| Research and development costs | ||
| Goodwill | ||
| Long-term deferred expenses | 4,926,828.62 | 2,958,817.65 |
| Deferred income tax assets | 13,801,162.99 | 13,830,369.64 |
| Other non-current assets | ||
| Total non-current assets | 1,002,568,342.38 | 935,987,596.61 |
| Total assets | 1,542,565,341.81 | 1,421,774,451.24 |
| Current liabilities: | ||
| Short-term borrowings | 93,000,000.00 | 143,000,000.00 |
| Tradable financial liability | ||
| Financial liability measured by fair value and with variation reckoned into current gains/losses | ||
| Derivative financial liability | ||
| Notes payable | ||
| Account payable | 14,000.00 | 19,800.00 |
| Accounts received in advance | 1,261,904.82 | 4,742.51 |
| Contractual liability | ||
| Wage payable | 4,789,472.99 | 4,858,788.51 |
| Taxes payable | 1,007,249.08 | 331,909.65 |
| Other accounts payable | 537,747,555.97 | 392,558,990.89 |
| Including: Interest payable | 232,810.41 | |
| Dividend payable | ||
| Liability held for sale | ||
| Non-current liabilities due within one year | ||
| Other current liabilities | ||
| Total current liabilities | 637,820,182.86 | 540,774,231.56 |
| Non-current liabilities: | ||
| Long-term loans | ||
| Bonds payable | ||
| Including: preferred stock | ||
| Perpetual capital |
| securities | ||
| Lease liability | ||
| Long-term account payable | ||
| Long term employee compensation payable | ||
| Accrued liabilities | ||
| Deferred income | ||
| Deferred income tax liabilities | ||
| Other non-current liabilities | ||
| Total non-current liabilities | ||
| Total liabilities | 637,820,182.86 | 540,774,231.56 |
| Owners’ equity: | ||
| Share capital | 431,058,320.00 | 297,281,600.00 |
| Other equity instrument | ||
| Including: preferred stock | ||
| Perpetual capital securities | ||
| Capital public reserve | 428,256,131.23 | 562,032,851.23 |
| Less: Inventory shares | ||
| Other comprehensive income | ||
| Reasonable reserve | ||
| Surplus public reserve | 3,139,918.14 | 3,139,918.14 |
| Retained profit | 42,290,789.58 | 18,545,850.31 |
| Total owner’s equity | 904,745,158.95 | 881,000,219.68 |
| Total liabilities and owner’s equity | 1,542,565,341.81 | 1,421,774,451.24 |
3. Consolidated Profit Statement (the period)
In RMB
| Item | Current Period | Last Period |
| I. Total operating income | 147,368,783.52 | 92,625,770.58 |
| Including: Operating income | 147,368,783.52 | 92,625,770.58 |
| Interest income | ||
| Insurance gained | ||
| Commission charge and commission income |
| II. Total operating cost | 129,187,557.75 | 88,951,107.77 |
| Including: Operating cost | 112,823,023.58 | 71,323,254.04 |
| Interest expense | ||
| Commission charge and commission expense | ||
| Cash surrender value | ||
| Net amount of expense of compensation | ||
| Net amount of withdrawal of insurance contract reserve | ||
| Bonus expense of guarantee slip | ||
| Reinsurance expense | ||
| Tax and extras | 1,351,673.26 | 1,405,380.53 |
| Sales expense | 4,897,794.44 | 4,706,989.97 |
| Administrative expense | 9,156,755.99 | 9,622,419.12 |
| R&D expense | ||
| Financial expense | 958,310.48 | 1,893,064.11 |
| Including: Interest expenses | 1,159,928.56 | 2,406,812.68 |
| Interest income | -2,556,683.27 | -572,214.18 |
| Add: other income | 271,511.85 | |
| Investment income (Loss is listed with “-”) | 5,855,398.96 | 6,915,224.26 |
| Including: Investment income on affiliated company and joint venture | 4,262,192.41 | 5,047,631.61 |
| The termination of income recognition for financial assets measured by amortized cost(Loss is listed with “-”) | ||
| Exchange income (Loss is listed with “-”) | ||
| Net exposure hedging income (Loss is listed with “-”) | ||
| Income from change of fair value (Loss is listed with “-”) | ||
| Loss of credit impairment (Loss is listed with “-”) | 174,862.69 | |
| Losses of devaluation of asset (Loss is listed with “-”) | -11,907.69 | 8,250.86 |
| Income from assets disposal (Loss is listed with “-”) | 140,947.04 | |
| III. Operating profit (Loss is listed with “-”) | 24,612,038.62 | 10,598,137.93 |
| Add: Non-operating income | -31,383.75 | -1,088.56 |
| Less: Non-operating expense | 1,587.39 | -4,080.68 |
| IV. Total profit (Loss is listed with “-”) | 24,579,067.48 | 10,601,130.05 |
| Less: Income tax expense | 4,150,432.73 | 1,624,729.02 |
| V. Net profit (Net loss is listed with “-”) | 20,428,634.75 | 8,976,401.03 |
| (i) Classify by business continuity | ||
| 1.continuous operating net profit (net loss listed with ‘-”) | 20,428,634.75 | 8,976,401.03 |
| 2.termination of net profit (net loss listed with ‘-”) | ||
| (ii) Classify by ownership | ||
| 1.Net profit attributable to owner’s of parent company | 19,261,241.23 | 8,920,175.03 |
| 2.Minority shareholders’ gains and losses | 1,167,393.52 | 56,226.00 |
| VI. Net after-tax of other comprehensive income | ||
| Net after-tax of other comprehensive income attributable to owners of parent company | ||
| (I) Other comprehensive income items which will not be reclassified subsequently to profit of loss | ||
| 1.Changes of the defined benefit plans that re-measured | ||
| 2.Other comprehensive income under equity method that cannot be transfer to gain/loss | ||
| 3.Change of fair value of investment in other equity instrument | ||
| 4.Fair value change of enterprise's credit risk | ||
| 5. Other | ||
| (ii) Other comprehensive income |
| items which will be reclassified subsequently to profit or loss | ||
| 1.Other comprehensive income under equity method that can transfer to gain/loss | ||
| 2.Change of fair value of other debt investment | ||
| 3.gain/loss of fair value changes for available-for-sale financial assets | ||
| 4.Amount of financial assets re-classify to other comprehensive income | ||
| 5.Gain/loss of held-to-maturity investments that re-classify to available-for-sale financial asset | ||
| 6.Credit impairment provision for other debt investment | ||
| 7.Cash flow hedging reserve | ||
| 8.Translation differences arising on translation of foreign currency financial statements | ||
| 9.Other | ||
| Net after-tax of other comprehensive income attributable to minority shareholders | ||
| VII. Total comprehensive income | 20,428,634.75 | 8,976,401.03 |
| Total comprehensive income attributable to owners of parent Company | 19,261,241.23 | 8,920,175.03 |
| Total comprehensive income attributable to minority shareholders | 1,167,393.52 | 56,226.00 |
| VIII. Earnings per share: | ||
| (i) Basic earnings per share | 0.0447 | 0.0300 |
| (ii) Diluted earnings per share | 0.0447 | 0.0300 |
As for the enterprise combined under the same control, net profit of 0 Yuan achieved by the merged party beforecombination while 0 Yuan achieved last period.Legal Representative: Fu ChunlongPerson in charge of accounting works: Lou Hong
Person in charge of accounting institute: Liu Yuhong
4. Profit Statement of Parent Company (the period)
In RMB
| Item | Current Period | Last Period |
| I. Operating income | 9,291,270.65 | 10,104,292.39 |
| Less: Operating cost | 874,952.45 | 896,708.01 |
| Taxes and surcharge | 330,105.68 | 355,004.57 |
| Sales expenses | ||
| Administration expenses | 4,592,365.64 | 4,612,015.01 |
| R&D expenses | ||
| Financial expenses | 966,496.79 | 1,351,989.53 |
| Including: interest expenses | 1,114,808.00 | 1,751,845.41 |
| Interest income | -1,853,888.60 | -403,986.67 |
| Add: other income | ||
| Investment income (Loss is listed with “-”) | 4,921,934.63 | 5,373,321.58 |
| Including: Investment income on affiliated Company and joint venture | 3,991,312.37 | 4,272,105.15 |
| The termination of income recognition for financial assets measured by amortized cost (Loss is listed with “-”) | ||
| Net exposure hedging income (Loss is listed with “-”) | ||
| Income from change of fair value (Loss is listed with “-”) | ||
| Loss of credit impairment (Loss is listed with “-”) | ||
| Losses of devaluation of asset (Loss is listed with “-”) | ||
| Income from assets disposal (Loss is listed with “-”) | ||
| II. Operating profit (Loss is listed with “-”) | 7,449,284.72 | 8,261,896.85 |
| Add: Non-operating income | 6,940.95 | 2,410.52 |
| Less: Non-operating expense |
| III. Total Profit (Loss is listed with “-”) | 7,456,225.67 | 8,264,307.37 |
| Less: Income tax | 9,735.55 | 9,735.55 |
| IV. Net profit (Net loss is listed with “-”) | 7,446,490.12 | 8,254,571.82 |
| (i)continuous operating net profit (net loss listed with ‘-”) | 7,446,490.12 | 8,254,571.82 |
| (ii) termination of net profit (net loss listed with ‘-”) | ||
| V. Net after-tax of other comprehensive income | ||
| (I) Other comprehensive income items which will not be reclassified subsequently to profit of loss | ||
| 1.Changes of the defined benefit plans that re-measured | ||
| 2.Other comprehensive income under equity method that cannot be transfer to gain/loss | ||
| 3.Change of fair value of investment in other equity instrument | ||
| 4.Fair value change of enterprise's credit risk | ||
| 5. Other | ||
| (II) Other comprehensive income items which will be reclassified subsequently to profit or loss | ||
| 1.Other comprehensive income under equity method that can transfer to gain/loss | ||
| 2.Change of fair value of other debt investment | ||
| 3.gain/loss of fair value changes for available-for-sale financial assets | ||
| 4.Amount of financial assets re-classify to other comprehensive income | ||
| 5.Gain/loss of held-to-maturity investments that |
| re-classify to available-for-sale financial asset | ||
| 6.Credit impairment provision for other debt investment | ||
| 7.Cash flow hedging reserve | ||
| 8.Translation differences arising on translation of foreign currency financial statements | ||
| 9.Other | ||
| VI. Total comprehensive income | 7,446,490.12 | 8,254,571.82 |
| VII. Earnings per share: | ||
| (i) Basic earnings per share | 0.0173 | 0.0278 |
| (ii) Diluted earnings per share | 0.0173 | 0.0278 |
5. Consolidated Profit Statement (form the year-begin to the period-end)
In RMB
| Item | Current Period | Last Period |
| I. Total operating income | 425,637,522.85 | 290,580,852.31 |
| Including: Operating income | 425,637,522.85 | 290,580,852.31 |
| Interest income | ||
| Insurance gained | ||
| Commission charge and commission income | ||
| II. Total operating cost | 372,644,654.54 | 275,860,554.09 |
| Including: Operating cost | 323,317,036.00 | 225,063,206.15 |
| Interest expense | ||
| Commission charge and commission expense | ||
| Cash surrender value | ||
| Net amount of expense of compensation | ||
| Net amount of withdrawal of insurance contract reserve | ||
| Bonus expense of guarantee slip | ||
| Reinsurance expense |
| Tax and extras | 4,319,838.32 | 4,328,002.45 |
| Sales expense | 14,256,308.73 | 13,044,897.24 |
| Administrative expense | 26,035,385.25 | 28,759,511.53 |
| R&D expense | ||
| Financial expense | 4,716,086.24 | 4,664,936.72 |
| Including: Interest expenses | 5,925,865.62 | 6,088,906.21 |
| Interest income | -1,404,628.58 | -1,625,516.25 |
| Add: other income | 278,123.14 | |
| Investment income (Loss is listed with “-”) | 22,566,849.89 | 24,781,246.51 |
| Including: Investment income on affiliated company and joint venture | 15,037,716.95 | 17,842,932.43 |
| The termination of income recognition for financial assets measured by amortized cost(Loss is listed with “-”) | ||
| Exchange income (Loss is listed with “-”) | ||
| Net exposure hedging income (Loss is listed with “-”) | ||
| Income from change of fair value (Loss is listed with “-”) | ||
| Loss of credit impairment (Loss is listed with “-”) | 276,528.83 | |
| Losses of devaluation of asset (Loss is listed with “-”) | -11,907.69 | -383,789.39 |
| Income from assets disposal (Loss is listed with “-”) | 244,106.72 | |
| III. Operating profit (Loss is listed with “-”) | 76,346,569.20 | 39,117,755.34 |
| Add: Non-operating income | 88,241.69 | 33,305.83 |
| Less: Non-operating expense | 834,987.39 | 95,607.63 |
| IV. Total profit (Loss is listed with “-”) | 75,599,823.50 | 39,055,453.54 |
| Less: Income tax expense | 10,188,689.49 | 3,512,202.79 |
| V. Net profit (Net loss is listed with “-”) | 65,411,134.01 | 35,543,250.75 |
| (i) Classify by business continuity | ||
| 1.continuous operating net profit (net loss listed with ‘-”) | 65,411,134.01 | 35,543,250.75 |
| 2.termination of net profit (net loss listed with ‘-”) | ||
| (ii) Classify by ownership | ||
| 1.Net profit attributable to owner’s of parent company | 64,041,189.83 | 35,840,454.89 |
| 2.Minority shareholders’ gains and losses | 1,369,944.18 | -297,204.14 |
| VI. Net after-tax of other comprehensive income | ||
| Net after-tax of other comprehensive income attributable to owners of parent company | ||
| (I) Other comprehensive income items which will not be reclassified subsequently to profit of loss | ||
| 1.Changes of the defined benefit plans that re-measured | ||
| 2.Other comprehensive income under equity method that cannot be transfer to gain/loss | ||
| 3.Change of fair value of investment in other equity instrument | ||
| 4.Fair value change of enterprise's credit risk | ||
| 5. Other | ||
| (ii) Other comprehensive income items which will be reclassified subsequently to profit or loss | ||
| 1.Other comprehensive income under equity method that can transfer to gain/loss | ||
| 2.Change of fair value of other debt investment | ||
| 3.gain/loss of fair value changes for available-for-sale financial assets | ||
| 4.Amount of financial assets re-classify to other comprehensive income |
| 5.Gain/loss of held-to-maturity investments that re-classify to available-for-sale financial asset | ||
| 6.Credit impairment provision for other debt investment | ||
| 7.Cash flow hedging reserve | ||
| 8.Translation differences arising on translation of foreign currency financial statements | ||
| 9.Other | ||
| Net after-tax of other comprehensive income attributable to minority shareholders | ||
| VII. Total comprehensive income | 65,411,134.01 | 35,543,250.75 |
| Total comprehensive income attributable to owners of parent Company | 64,041,189.83 | 35,840,454.89 |
| Total comprehensive income attributable to minority shareholders | 1,369,944.18 | -297,204.14 |
| VIII. Earnings per share: | ||
| (i) Basic earnings per share | 0.1486 | 0.1206 |
| (ii) Diluted earnings per share | 0.1486 | 0.1206 |
As for the enterprise combined under the same control, net profit of 0 Yuan achieved by the merged party beforecombination while 0 Yuan achieved last period.Legal Representative: Fu ChunlongPerson in charge of accounting works: Lou HongPerson in charge of accounting institute: Liu Yuhong
6. Profit Statement of Parent Company (form the year-begin to the period-end)
In RMB
| Item | Current Period | Last Period |
| I. Operating income | 28,403,325.20 | 30,187,788.81 |
| Less: Operating cost | 2,649,509.45 | 2,739,034.23 |
| Taxes and surcharge | 1,116,336.75 | 1,173,658.99 |
| Sales expenses | ||
| Administration expenses | 13,099,860.82 | 12,598,259.32 |
| R&D expenses |
| Financial expenses | 3,742,293.34 | 3,567,639.16 |
| Including: interest expenses | 4,725,451.70 | 4,783,798.05 |
| Interest income | -1,002,153.90 | -1,244,885.01 |
| Add: other income | ||
| Investment income (Loss is listed with “-”) | 16,716,400.08 | 20,329,891.27 |
| Including: Investment income on affiliated Company and joint venture | 12,367,784.04 | 16,426,603.62 |
| The termination of income recognition for financial assets measured by amortized cost (Loss is listed with “-”) | ||
| Net exposure hedging income (Loss is listed with “-”) | ||
| Income from change of fair value (Loss is listed with “-”) | ||
| Loss of credit impairment (Loss is listed with “-”) | -18,945.66 | |
| Losses of devaluation of asset (Loss is listed with “-”) | -69,500.70 | |
| Income from assets disposal (Loss is listed with “-”) | ||
| II. Operating profit (Loss is listed with “-”) | 24,492,779.26 | 30,369,587.68 |
| Add: Non-operating income | 26,366.66 | 5,541.49 |
| Less: Non-operating expense | ||
| III. Total Profit (Loss is listed with “-”) | 24,519,145.92 | 30,375,129.17 |
| Less: Income tax expense | 774,206.65 | 29,206.65 |
| IV. Net profit (Net loss is listed with “-”) | 23,744,939.27 | 30,345,922.52 |
| (i)continuous operating net profit (net loss listed with ‘-”) | 23,744,939.27 | 30,345,922.52 |
| (ii) termination of net profit (net loss listed with ‘-”) | ||
| V. Net after-tax of other comprehensive income | ||
| (I) Other comprehensive income items which will not be reclassified |
| subsequently to profit of loss | ||
| 1.Changes of the defined benefit plans that re-measured | ||
| 2.Other comprehensive income under equity method that cannot be transfer to gain/loss | ||
| 3.Change of fair value of investment in other equity instrument | ||
| 4.Fair value change of enterprise's credit risk | ||
| 5. Other | ||
| (II) Other comprehensive income items which will be reclassified subsequently to profit or loss | ||
| 1.Other comprehensive income under equity method that can transfer to gain/loss | ||
| 2.Change of fair value of other debt investment | ||
| 3.gain/loss of fair value changes for available-for-sale financial assets | ||
| 4.Amount of financial assets re-classify to other comprehensive income | ||
| 5.Gain/loss of held-to-maturity investments that re-classify to available-for-sale financial asset | ||
| 6.Credit impairment provision for other debt investment | ||
| 7.Cash flow hedging reserve | ||
| 8.Translation differences arising on translation of foreign currency financial statements | ||
| 9.Other | ||
| VI. Total comprehensive income | 23,744,939.27 | 30,345,922.52 |
| VII. Earnings per share: |
| (i) Basic earnings per share | 0.0551 | 0.1021 |
| (ii) Diluted earnings per share | 0.0551 | 0.1021 |
7. Consolidated Cash Flow Statement (form the year-begin to the period-end)
In RMB
| Item | Current Period | Last Period |
| I. Cash flows arising from operating activities: | ||
| Cash received from selling commodities and providing labor services | 431,307,307.07 | 290,734,607.93 |
| Net increase of customer deposit and inter-bank deposit | ||
| Net increase of loan from central bank | ||
| Net increase of capital borrowed from other financial institution | ||
| Cash received from original insurance contract fee | ||
| Net cash received from reinsurance business | ||
| Net increase of insured savings and investment | ||
| Cash received from interest, commission charge and commission | ||
| Net increase of capital borrowed | ||
| Net increase of returned business capital | ||
| Net cash received by agents in sale and purchase of securities | ||
| Write-back of tax received | ||
| Other cash received concerning operating activities | 35,433,801.62 | 22,834,886.64 |
| Subtotal of cash inflow arising from operating activities | 466,741,108.69 | 313,569,494.57 |
| Cash paid for purchasing commodities and receiving labor service | 316,903,853.04 | 233,005,308.54 |
| Net increase of customer loans and advances | ||
| Net increase of deposits in central bank and inter-bank | ||
| Cash paid for original insurance contract compensation | ||
| Net increase of capital lent | ||
| Cash paid for interest, commission charge and commission | ||
| Cash paid for bonus of guarantee slip | ||
| Cash paid to/for staff and workers | 41,099,923.77 | 38,595,110.34 |
| Taxes paid | 15,344,440.44 | 14,588,515.73 |
| Other cash paid concerning operating activities | 35,424,465.54 | 53,360,237.70 |
| Subtotal of cash outflow arising from operating activities | 408,772,682.79 | 339,549,172.31 |
| Net cash flows arising from operating activities | 57,968,425.90 | -25,979,677.74 |
| II. Cash flows arising from investing activities: | ||
| Cash received from recovering investment | 1,342,157,575.52 | 739,750,000.00 |
| Cash received from investment income | 49,812,733.56 | 63,533,914.95 |
| Net cash received from disposal of fixed, intangible and other long-term assets | 302,900.00 | |
| Net cash received from disposal of subsidiaries and other units | 1,504,125.26 | |
| Other cash received concerning investing activities | 148,187,000.00 | 46,001,000.00 |
| Subtotal of cash inflow from investing activities | 1,540,460,209.08 | 850,789,040.21 |
| Cash paid for purchasing fixed, intangible and other long-term assets | 95,210,796.24 | 22,607,470.16 |
| Cash paid for investment | 1,374,620,000.00 | 823,020,000.00 |
| Net increase of mortgaged loans |
| Net cash received from subsidiaries and other units obtained | ||
| Other cash paid concerning investing activities | 5,733,400.00 | |
| Subtotal of cash outflow from investing activities | 1,469,830,796.24 | 851,360,870.16 |
| Net cash flows arising from investing activities | 70,629,412.84 | -571,829.95 |
| III. Cash flows arising from financing activities | ||
| Cash received from absorbing investment | 20,000,000.00 | 15,000,000.00 |
| Including: Cash received from absorbing minority shareholders’ investment by subsidiaries | 20,000,000.00 | 15,000,000.00 |
| Cash received from loans | 158,020,000.00 | 95,082,000.00 |
| Other cash received concerning financing activities | ||
| Subtotal of cash inflow from financing activities | 178,020,000.00 | 110,082,000.00 |
| Cash paid for settling debts | 253,614,887.55 | 78,665,112.45 |
| Cash paid for dividend and profit distributing or interest paying | 6,031,611.05 | 12,515,674.03 |
| Including: Dividend and profit of minority shareholder paid by subsidiaries | ||
| Other cash paid concerning financing activities | ||
| Subtotal of cash outflow from financing activities | 259,646,498.60 | 91,180,786.48 |
| Net cash flows arising from financing activities | -81,626,498.60 | 18,901,213.52 |
| IV. Influence on cash and cash equivalents due to fluctuation in exchange rate | 9.84 | 70.53 |
| V. Net increase of cash and cash equivalents | 46,971,349.98 | -7,650,223.64 |
| Add: Balance of cash and cash equivalents at the period -begin | 142,848,120.69 | 141,793,218.56 |
| VI. Balance of cash and cash equivalents at the period -end | 189,819,470.67 | 134,142,994.92 |
8. Cash Flow Statement of Parent Company (form the year-begin to the period-end)
In RMB
| Item | Current Period | Last Period |
| I. Cash flows arising from operating activities: | ||
| Cash received from selling commodities and providing labor services | 25,003,577.51 | 35,793,107.31 |
| Write-back of tax received | ||
| Other cash received concerning operating activities | 8,002,129.94 | 22,092,395.77 |
| Subtotal of cash inflow arising from operating activities | 33,005,707.45 | 57,885,503.08 |
| Cash paid for purchasing commodities and receiving labor service | ||
| Cash paid to/for staff and workers | 13,452,722.60 | 13,865,248.22 |
| Taxes paid | 2,466,614.79 | 1,904,582.44 |
| Other cash paid concerning operating activities | 16,204,073.88 | 36,052,325.18 |
| Subtotal of cash outflow arising from operating activities | 32,123,411.27 | 51,822,155.84 |
| Net cash flows arising from operating activities | 882,296.18 | 6,063,347.24 |
| II. Cash flows arising from investing activities: | ||
| Cash received from recovering investment | 727,000,000.00 | 519,000,000.00 |
| Cash received from investment income | 22,458,538.51 | 56,781,732.28 |
| Net cash received from disposal of fixed, intangible and other long-term assets | ||
| Net cash received from disposal of subsidiaries and other units |
| Other cash received concerning investing activities | 148,187,000.00 | 46,001,000.00 |
| Subtotal of cash inflow from investing activities | 897,645,538.51 | 621,782,732.28 |
| Cash paid for purchasing fixed, intangible and other long-term assets | 63,593,442.68 | 5,350,891.42 |
| Cash paid for investment | 749,000,000.00 | 608,971,900.00 |
| Net cash received from subsidiaries and other units obtained | ||
| Other cash paid concerning investing activities | 5,733,400.00 | |
| Subtotal of cash outflow from investing activities | 812,593,442.68 | 620,056,191.42 |
| Net cash flows arising from investing activities | 85,052,095.83 | 1,726,540.86 |
| III. Cash flows arising from financing activities: | ||
| Cash received from absorbing investment | ||
| Cash received from loans | 143,000,000.00 | 93,000,000.00 |
| Other cash received concerning financing activities | ||
| Subtotal of cash inflow from financing activities | 143,000,000.00 | 93,000,000.00 |
| Cash paid for settling debts | 193,000,000.00 | 70,000,000.00 |
| Cash paid for dividend and profit distributing or interest paying | 4,958,262.11 | 11,021,659.99 |
| Other cash paid concerning financing activities | ||
| Subtotal of cash outflow from financing activities | 197,958,262.11 | 81,021,659.99 |
| Net cash flows arising from financing activities | -54,958,262.11 | 11,978,340.01 |
| IV. Influence on cash and cash equivalents due to fluctuation in exchange rate | ||
| V. Net increase of cash and cash equivalents | 30,976,129.90 | 19,768,228.11 |
| Add: Balance of cash and cash equivalents at the period -begin | 62,172,486.14 | 77,991,738.05 |
| VI. Balance of cash and cash equivalents at the period -end | 93,148,616.04 | 97,759,966.16 |
II. Financial statement adjustment
1. Relevant items of the financial statement at beginning of the year when implementing the new financialinstrument standards, new revenue standards or new leasing standards since 2019
√ Applicable □ Not applicable
Consolidated Balance Sheet
In RMB
| Item | 2018-12-31 | 2019-01-01 | Adjustment |
| Current assets: | |||
| Monetary funds | 169,512,260.69 | 169,512,260.69 | |
| Settlement provisions | |||
| Capital lent | |||
| Tradable financial assets | 330,400,000.00 | 330,400,000.00 | |
| Financial assets measured by fair value and with variation reckoned into current gains/losses | |||
| Derivative financial assets | |||
| Note receivable | |||
| Account receivable | 86,104,660.51 | 86,104,660.51 | |
| Receivable financing | |||
| Accounts paid in advance | 9,112,473.27 | 9,112,473.27 | |
| Insurance receivable | |||
| Reinsurance receivables | |||
| Contract reserve of reinsurance receivable | |||
| Other account receivable | 14,483,208.41 | 14,483,208.41 | |
| Including: Interest receivable | 723,407.50 | 723,407.50 |
| Dividend receivable | 232,683.74 | 232,683.74 | |
| Buying back the sale of financial assets | |||
| Inventories | 12,342,854.40 | 12,342,854.40 | |
| Contractual assets | |||
| Assets held for sale | 85,017,251.77 | 85,017,251.77 | |
| Non-current asset due within one year | |||
| Other current assets | 332,432,494.44 | 2,032,494.44 | -330,400,000.00 |
| Total current assets | 709,005,203.49 | 709,005,203.49 | |
| Non-current assets: | |||
| Loans and payments on behalf | |||
| Debt investment | |||
| Finance asset available for sales | 10,176,617.20 | -10,176,617.20 | |
| Other debt investment | |||
| Held-to-maturity investment | |||
| Long-term account receivable | |||
| Long-term equity investment | 224,644,766.21 | 224,644,766.21 | |
| Investment in other equity instrument | 10,176,617.20 | 10,176,617.20 | |
| Other non-current financial assets | |||
| Investment real estate | 503,922,413.70 | 503,922,413.70 | |
| Fixed assets | 112,674,017.53 | 112,674,017.53 | |
| Construction in progress | 12,843,571.97 | 12,843,571.97 | |
| Productive biological asset | |||
| Oil and gas asset | |||
| Right-of-use assets | |||
| Intangible assets | 51,012,282.25 | 51,012,282.25 | |
| Expense on Research |
| and Development | |||
| Goodwill | |||
| Long-term expenses to be apportioned | 6,304,607.22 | 6,304,607.22 | |
| Deferred income tax asset | 24,355,086.71 | 24,355,086.71 | |
| Other non-current asset | 3,356,964.72 | 3,356,964.72 | |
| Total non-current asset | 949,290,327.51 | 949,290,327.51 | |
| Total assets | 1,658,295,531.00 | 1,658,295,531.00 | |
| Current liabilities: | |||
| Short-term loans | 143,000,000.00 | 143,000,000.00 | |
| Loan from central bank | |||
| Capital borrowed | |||
| Tradable financial liability | |||
| Financial liability measured by fair value and with variation reckoned into current gains/losses | |||
| Derivative financial liability | |||
| Note payable | |||
| Account payable | 73,365,876.09 | 73,365,876.09 | |
| Accounts received in advance | 15,897,763.97 | 15,897,763.97 | |
| Contractual liability | |||
| Selling financial asset of repurchase | |||
| Absorbing deposit and inter-bank deposit | |||
| Security trading of agency | |||
| Security sales of agency | |||
| Wage payable | 25,802,670.36 | 25,802,670.36 | |
| Taxes payable | 9,377,393.57 | 9,377,393.57 | |
| Other account payable | 250,489,094.47 | 250,489,094.47 | |
| Including: Interest payable | 290,215.78 | 290,215.78 |
| Dividend payable | |||
| Commission charge and commission payable | |||
| Reinsurance payable | |||
| Liability held for sale | |||
| Non-current liabilities due within one year | |||
| Other current liabilities | |||
| Total current liabilities | 517,932,798.46 | 517,932,798.46 | |
| Non-current liabilities: | |||
| Insurance contract reserve | |||
| Long-term loans | 34,934,887.55 | 34,934,887.55 | |
| Bonds payable | |||
| Including: Preferred stock | |||
| Perpetual capital securities | |||
| Lease liability | |||
| Long-term account payable | 3,920,160.36 | 3,920,160.36 | |
| Long-term wages payable | |||
| Accrual liability | 2,225,468.76 | 2,225,468.76 | |
| Deferred income | |||
| Deferred income tax liabilities | |||
| Other non-current liabilities | |||
| Total non-current liabilities | 41,080,516.67 | 41,080,516.67 | |
| Total liabilities | 559,013,315.13 | 559,013,315.13 | |
| Owner’s equity: | |||
| Share capital | 297,281,600.00 | 297,281,600.00 | |
| Other equity instrument | |||
| Including: Preferred stock |
| Perpetual capital securities | |||
| Capital public reserve | 565,226,274.51 | 565,226,274.51 | |
| Less: Inventory shares | |||
| Other comprehensive income | 26,422.00 | 26,422.00 | |
| Reasonable reserve | |||
| Surplus public reserve | 3,139,918.14 | 3,139,918.14 | |
| Provision of general risk | |||
| Retained profit | 184,535,322.70 | 184,535,322.70 | |
| Total owner’ s equity attributable to parent company | 1,050,209,537.35 | 1,050,209,537.35 | |
| Minority interests | 49,072,678.52 | 49,072,678.52 | |
| Total owner’ s equity | 1,099,282,215.87 | 1,099,282,215.87 | |
| Total liabilities and owner’ s equity | 1,658,295,531.00 | 1,658,295,531.00 |
ExplanationThe Ministry of Finance revised the Accounting Standards for Business Enterprises No. 22 - Recognition and Measurement ofFinancial Instruments, the Accounting Standards for Business Enterprises No. 23 - Transfer of Financial Assets, AccountingStandards for Business Enterprises No. 24 - Hedge Accounting and Accounting Standards for Business Enterprises No. 37 –Financial Instruments Presentation on 31 March 2017 and shall be effective for enterprise listed in China separately since 1 Jan. 2019
According to the new financial standards, the “Available-for-sale financial assets ” is re-classified to “Financial assets measured byfair value and with its variation reckoned into other comprehensive income”, and adjusted the amount of “Available-for-sale financialassets ” at beginning of 2019 in balance sheet in line with the presentation requirement.
According to the new financial standards, the financial product without principal-guaranteed was re-classified to “Trading financialassets” from “Other current assets”, and adjusted the amount of “Other current assets ” at beginning of 2019 in balance sheet in linewith the presentation requirement.Balance sheet of parent companyBalance Sheet of Parent Company
In RMB
| Item | 2018-12-31 | 2019-01-01 | Adjustment |
| Current assets: | |||
| Monetary funds | 88,836,626.14 | 88,836,626.14 | |
| Tradable financial assets | 195,000,000.00 | 195,000,000.00 | |
| Financial assets |
| measured by fair value and with variation reckoned into current gains/losses | |||
| Derivative financial assets | |||
| Note receivable | |||
| Account receivable | 38,274.00 | 38,274.00 | |
| Receivable financing | |||
| Accounts paid in advance | 604,800.00 | 604,800.00 | |
| Other account receivable | 115,782,944.37 | 115,782,944.37 | |
| Including: Interest receivable | 723,407.50 | 723,407.50 | |
| Dividend receivable | 232,683.74 | 232,683.74 | |
| Inventories | |||
| Contractual assets | |||
| Assets held for sale | 85,017,251.77 | 85,017,251.77 | |
| Non-current assets maturing within one year | |||
| Other current assets | 195,506,958.35 | 506,958.35 | -195,000,000.00 |
| Total current assets | 485,786,854.63 | 485,786,854.63 | |
| Non-current assets: | |||
| Debt investment | |||
| Available-for-sale financial assets | 10,176,617.20 | -10,176,617.20 | |
| Other debt investment | |||
| Held-to-maturity investments | |||
| Long-term receivables | |||
| Long-term equity investments | 836,283,491.38 | 836,283,491.38 | |
| Investment in other equity instrument | 10,176,617.20 | 10,176,617.20 | |
| Other non-current financial assets |
| Investment real estate | 44,820,151.69 | 44,820,151.69 | |
| Fixed assets | 14,824,845.14 | 14,824,845.14 | |
| Construction in progress | 12,843,571.97 | 12,843,571.97 | |
| Productive biological assets | |||
| Oil and natural gas assets | |||
| Right-of-use assets | |||
| Intangible assets | 249,731.94 | 249,731.94 | |
| Research and development costs | |||
| Goodwill | |||
| Long-term deferred expenses | 2,958,817.65 | 2,958,817.65 | |
| Deferred income tax assets | 13,830,369.64 | 13,830,369.64 | |
| Other non-current assets | |||
| Total non-current assets | 935,987,596.61 | 935,987,596.61 | |
| Total assets | 1,421,774,451.24 | 1,421,774,451.24 | |
| Current liabilities: | |||
| Short-term borrowings | 143,000,000.00 | 143,000,000.00 | |
| Tradable financial liability | |||
| Financial liability measured by fair value and with variation reckoned into current gains/losses | |||
| Derivative financial liability | |||
| Notes payable | |||
| Account payable | 19,800.00 | 19,800.00 | |
| Accounts received in advance | 4,742.51 | 4,742.51 | |
| Contractual liability | |||
| Wage payable | 4,858,788.51 | 4,858,788.51 | |
| Taxes payable | 331,909.65 | 331,909.65 | |
| Other accounts payable | 392,558,990.89 | 392,558,990.89 |
| Including: Interest payable | 232,810.41 | 232,810.41 | |
| Dividend payable | |||
| Liability held for sale | |||
| Non-current liabilities due within one year | |||
| Other current liabilities | |||
| Total current liabilities | 540,774,231.56 | 540,774,231.56 | |
| Non-current liabilities: | |||
| Long-term loans | |||
| Bonds payable | |||
| Including: preferred stock | |||
| Perpetual capital securities | |||
| Lease liability | |||
| Long-term account payable | |||
| Long term employee compensation payable | |||
| Accrued liabilities | |||
| Deferred income | |||
| Deferred income tax liabilities | |||
| Other non-current liabilities | |||
| Total non-current liabilities | |||
| Total liabilities | 540,774,231.56 | 540,774,231.56 | |
| Owners’ equity: | |||
| Share capital | 297,281,600.00 | 297,281,600.00 | |
| Other equity instrument | |||
| Including: preferred stock | |||
| Perpetual capital securities | |||
| Capital public reserve | 562,032,851.23 | 562,032,851.23 |
| Less: Inventory shares | |||
| Other comprehensive income | |||
| Special reserve | |||
| Surplus reserve | 3,139,918.14 | 3,139,918.14 | |
| Retained profit | 18,545,850.31 | 18,545,850.31 | |
| Total owner’s equity | 881,000,219.68 | 881,000,219.68 | |
| Total liabilities and owner’s equity | 1,421,774,451.24 | 1,421,774,451.24 |
ExplanationThe Ministry of Finance revised the Accounting Standards for Business Enterprises No. 22 - Recognition and Measurement ofFinancial Instruments, the Accounting Standards for Business Enterprises No. 23 - Transfer of Financial Assets, AccountingStandards for Business Enterprises No. 24 - Hedge Accounting and Accounting Standards for Business Enterprises No. 37 –Financial Instruments Presentation on 31 March 2017 and shall be effective for enterprise listed in China separately since 1 Jan. 2019
According to the new financial standards, the “Available-for-sale financial assets ” is re-classified to “Financial assets measured byfair value and with its variation reckoned into other comprehensive income”, and adjusted the amount of “Available-for-sale financialassets ” at beginning of 2019 in balance sheet in line with the presentation requirement.
According to the new financial standards, the financial product without principal-guaranteed was re-classified to “Trading financialassets” from “Other current assets”, and adjusted the amount of “Other current assets ” at beginning of 2019 in balance sheet in linewith the presentation requirement.Balance sheet of parent company
2. Explanation on comparative data in the early stage of retroactive adjustment while implemented the newfinancial instrument standards or new leasing standards since 2019
□ Applicable √ Not applicable
III. Audit reportWhether the 3
rdquarterly report has been audited or not
□Yes √ No
The 3
rd
quarterly report of the Company has not been audited.