广东东方精工科技股份有限公司
英文季度报披露说明近年来中国资本市场持续加大对外开放力度，鼓励境外投资者更多参与，东方精工科技股份有限公司（以下简称“公司”）为更好地服务越来越多的境外投资者，让境外投资者更便捷地获取公司经营与财务等方面信息，同时也更充分地向境外投资者传递公司的投资价值，提升公司国际化水平，公司披露《2020年第一季度报告》的英文版本。
本次报告翻译中，涉及众多瓦楞包装机械行业和财会方面的专业术语。虽然公司已尽力确保原文内容得到准确的转译，但仍可能会存在不恰当之处。公司在此声明：如果您在阅读《2020年第一季度报告》的中文、英文文本的过程中，在对文本的理解上发生歧义时，以中文文本为准。
In recent years, China's capital market continues to open to the outside world and encouragedforeign investors to participate in the financial market of China. Guangdong Dongfang PrecisionScience & Technology Co., Ltd. (hereinafter referred to as ”the company”) discloses its Q1 2020Report in English, that we believe can enables for foreign investors to obtain information about thecompany's operation and finance more conveniently, and fully convey the investment value of thecompany to them, and at the same time help continuously improving the company's internationallevel.As the report involves many professional terms translation of Corrugated packaging machineryindustry and financial accounting, the company has made great efforts to ensure the accuratetranslation of the original content, but there may still be some inadequacies.The company hereby declares that in case of any ambiguity in your understanding of the Chineseversion and English version of the Q1 2020 Report, the Chinese version shall prevail.
Guangdong Dongfang Precision Science&Technology Co.,Ltd.
Q1 2020 Report
April 2020
Section 1 Important Notice
The company's board of directors, board of supervisors, directors, supervisors,and senior management ensure that the contents of the quarterly report are true,accurate, and complete, that there are no false records, misleading statements,or major omissions, and if there are any, we shall bear individual and joint legalresponsibilities.All the directors attended the board meeting to review this quarterly report.Tang Zhuolin, person in charge of the company, Qiu Yezhi, person in charge ofaccounting work, and Qiu Yezhi, person in charge of accounting institutions(accounting officer) hereby confirm that the financial report in the quarterlyreport is true, accurate and complete.
Section 2 Basic information of the company
I. Main Accounting Data and Financial Indicators
Does the company need to retroactively adjust or restate previous year's accounting data
□ YES √ NO
| Current Period | Same period of last year | Increase or decrease by...than the previous period | |
| Operating income (yuan) | 618,374,944.67 | 1,199,609,998.96 | -48.45% |
| Net profit attributable to shareholders of listed companies (yuan) | 47,491,377.77 | 26,225,836.51 | 81.09% |
| Net profit attributable to shareholders of listed companies after deducting non-recurring gains and losses (yuan) | 25,666,651.19 | 23,381,604.22 | 9.77% |
| Net cash flow from operating activities (yuan) | -85,471,622.64 | 419,627,201.97 | -120.37% |
| Basic earnings per share (yuan / share) | 0.03 | 0.01 | 200.00% |
| Diluted earnings per share (yuan / share) | 0.03 | 0.01 | 200.00% |
| Weighted average return on net assets | 1.09% | 0.66% | 0.43% |
| At the end of the reporting | At the end of last year | Increase or decrease by...than the previous period | |
| Total assets (yuan) | 6,367,537,031.88 | 6,273,516,157.31 | 1.50% |
| Net assets attributable to shareholders of listed companies (yuan) | 4,384,368,109.33 | 4,337,064,607.87 | 1.09% |
Non-recurring items and amounts
√ Applicable □ Not applicable
Unit: yuan
| Item | Amount from year-begin to period-end | Explanation |
| Government subsidies included in the current profit and loss (closely related to the business of the enterprise, except for government subsidies that are fixed or quantified according to the national unified standard) | 548,066.08 | |
| In addition to the effective hedging business related to the company's normal business operations, holding transactional financial assets, derivative financial assets, transactional financial liabilities, fair value changes in derivative financial liabilities, and disposal of transactional financial assets and derivative financial investment income from assets, trading financial liabilities, derivative financial liabilities and other debt investments | 23,139,327.66 | Mainly for the bank wealth management income |
| Other non-operating income and expenses other than the above | 2,008,464.03 | |
| Deduct: the amount of income tax impact | 3,857,143.82 | |
| Minority shareholders' equity impact (after tax) | 13,987.37 | |
| In total | 21,824,726.58 | -- |
For the company's non-recurring gains and losses items defined by the "Announcement No. 1 of Information Disclosure byCompanies Offering Securities to the Public — Non-recurring Gains and Losses" and the non-recurring gains and losses itemsdefined by "Announcement No. 1 of Information Disclosure by Companies Offering Securities to the Public —Non-recurring Gainsand Losses" as recurring gains and losses, the reasons should be explained
□ Applicable √ Not applicable
During the reporting period of the company, there were no situations in which the non-recurring gains and losses items listed inaccordance with the definition of "Announcement No. 1 of Information Disclosure by Companies Offering Securities to the Public —Non-recurring Gains and Losses" were defined and listed as recurring gains and losses
II. Total shareholders at the end of the reporting period and the top ten shareholders'shareholding table
1. The total number of ordinary shareholders and the number of preferred shareholders with voting rightsrestored and the top 10 shareholders' shareholding table
Unit: shares
| Total number of ordinary shareholders at the end of the reporting period | 50,278 | Total number of preferred shareholders with voting rights restored at the end of the reporting period (if any) | 0 | ||||
| The top 10 shareholders | |||||||
| Name of shareholder | Nature of shareholders | Shareholding ratio | Number of shares | Number of shares with limited sales conditions | Pledge or freeze situation | ||
| Share status | Quantity | ||||||
| Tang Zhuolin | Domestic natural person | 17.52% | 270,737,568 | 203,053,176 | Pledge | 187,000,000 | |
| Tang Zhuomian | Domestic natural person | 8.79% | 135,885,134 | 0 | |||
| Pulead Technology Industry Co.,Ltd. | State-owned legal person | 4.97% | 76,810,172 | 76,810,172 | Pledge | 76,810,172 | |
| Beijing Automotive Group Industry Investment Co.,Ltd. | State-owned legal person | 3.14% | 48,511,689 | 48,511,689 | |||
| Contemporary Amperex Technology Co. Limited | Domestic non-state-owned legal person | 3.01% | 46,490,368 | 46,490,368 | |||
| Ruan Huili | Domestic natural person | 2.92% | 45,087,232 | 0 | |||
| Construction Investment Investment Co., Ltd. | State-owned legal person | 2.54% | 39,215,685 | 0 | |||
| Luzhou Industrial Investment Group Co., Ltd. | State-owned legal person | 2.06% | 31,770,010 | 0 | |||
| Huarong Securities-China Merchants Securities-Huarong Youzhi No. 1 Collective Asset Management Plan | Other | 2.03% | 31,372,549 | 0 | |||
| Qinghai Puren Intelligent Technology R & D Center (Limited Partnership) | Domestic non-state-owned legal person | 1.72% | 26,628,340 | 26,628,340 | Pledge | 22,110,216 | |
| Shareholdings of the top 10 shareholders with unlimited sales | |||||||
| Name of shareholder | Number of shares with unlimited sales held | Types of shares | |||||
| Types of shares | Quantity | ||||||
| Tang Zhuomian | 135,885,134 | RMB common stock | 135,885,134 | ||||
| Tang Zhuolin | 67,684,392 | RMB common stock | 67,684,392 | ||||
| Ruan Huili | 45,087,232 | RMB common stock | 45,087,232 | ||||
| Construction Investment Investment Co., Ltd. | 39,215,685 | RMB common stock | 39,215,685 | ||||
| Luzhou Industrial Investment Group Co., Ltd. | 31,770,010 | RMB common stock | 31,770,010 | ||||
| Huarong Securities-China Merchants Securities-Huarong Youzhi No. 1 Collective Asset Management Plan | 31,372,549 | RMB common stock | 31,372,549 | ||||
| Sheng Ji Equity Investment Fund (Shanghai) Co., Ltd. | 19,607,843 | RMB common stock | 19,607,843 | ||||
| Ruan Weixing | 14,704,108 | RMB common stock | 14,704,108 | ||||
| Liang Tongcan | 11,000,000 | RMB common stock | 11,000,000 | ||||
| Hong Kong Securities Clearing | 10,871,293 | RMB common | 10,871,293 | ||||
| Company Limited | stock | ||
| Explanation of the relationship or concerted action of the aforesaid shareholders | Mr. Tang Zhuolin and Mr. Tang Zhuomian are brothers. On August 18, 2010, the two signed a "Consistent Action Agreement."Pulead Technology Industry Co.,Ltd. and Qinghai Puren Intelligent Technology R & D Center (Limited Partnership) belongs to the consistent actionist relationship. Beijing Automotive Group Industry Investment Co.,Ltd. and Beiqi Foton Motor Co., Ltd. belongs to the consistent actionist relationship.The company is not aware of whether there is an associated relationship or a concerted action other aforesaid shareholders. | ||
| Explanation of the top 10 common stock shareholders' participation in financing and securities lending business (if any) | None. | ||
Whether the top 10 ordinary shareholders of the company and the top 10 ordinary shareholders of unrestricted shares in the reportperiod conducted agreed repurchase transactions
□ Yes √ No
The top 10 common stock shareholders of the company and the top 10 common stock shareholders with unrestricted sales conditionsdid not engage in agreed buyback transactions during the reporting period.
2. The total number of preferred shareholders of the company and the top 10 preferred shareholders
□ Applicable √ Not applicable
Section 3 Important matters
I. The main financial data and financial indicators during the reporting period have changed and the reasons
√ Applicable □ Not applicable
Unit: yuan
| 1.Balance sheet items | ||||||
| Sheet items | Ending balance | Opening Balance | Change amount | Change rate | Explanation of the reason for the change | |
| Trading financial assets | 625,117,440.46 | 1,164,039,381.59 | -538,921,941.13 | -46.30% | Mainly due to the recovery of due wealth management products. | |
| Receivable financing | 33,766,966.67 | 55,447,099.32 | -21,680,132.65 | -39.10% | Mainly due to the maturity of some bank acceptance bills. | |
| Prepayments | 34,587,322.69 | 25,901,123.85 | 8,686,198.84 | 33.54% | Mainly due to increased procurement. | |
| Other current assets | 117,677,005.17 | 22,346,314.29 | 95,330,690.88 | 426.61% | Mainly due to the prepayment of corporate income tax, it will be refunded after the completion of the corporate income tax settlement. | |
| Short-term loan | 75,568,139.52 | 117,888,353.14 | -42,320,213.62 | -35.90% | Mainly due to loan repayment. | |
| Bills payable | 60,169,018.21 | 43,973,859.51 | 16,195,158.70 | 36.83% | Mainly due to increased procurement. | |
| Non-current liabilities due within one year | 474,214,939.69 | 353,399,238.29 | 120,815,701.40 | 34.19% | Mainly due to reclassification of long-term loans due within one year. | |
| Long-term loan | 32,406,010.94 | 224,146,667.48 | -191,740,656.54 | -85.54% | Mainly due to reclassification of long-term loans |
| due within one year. | ||||||
| 2.Income statement items | ||||||
| Sheet items | This period (January to March 2020) | Previous period (January to March 2019) | Change amount | Change ratio | Explanation of the reason for the change | |
| Operating income | 618,374,944.67 | 1,199,609,998.96 | -581,235,054.29 | -48.45% | The main reason is that the scope of consolidated statements for the same period last year contains Pride's January-March 2019 data. | |
| Operating cost | 457,636,080.05 | 992,610,812.80 | -534,974,732.75 | -53.90% | The main reason is that the scope of consolidated statements for the same period last year contains Pride's January-March 2019 data. | |
| Management fees | 55,671,100.82 | 74,708,510.39 | -19,037,409.57 | -25.48% | The main reason is that the scope of consolidated statements for the same period last year contains Pride's January-March 2019 data. | |
| R&D expenses | 13,749,361.22 | 26,167,032.77 | -12,417,671.55 | -47.46% | The main reason is that the scope of consolidated statements for the same period last year contains Pride's January-March 2019 data. | |
| Financial expenses | 3,624,557.98 | 10,543,314.24 | -6,918,756.26 | -65.62% | The main reason is that the scope of consolidated statements for the same period last year contains Pride's January-March 2019 data. | |
| Income tax expense | 15,109,392.60 | 22,903,255.15 | -7,793,862.55 | -34.03% | The main reason is that the scope of consolidated statements for the same period last year contains Pride's January-March 2019 data. | |
| 3.Cash flow statement items | ||||||
| Sheet items | This period (January to March 2020) | Previous period (January to March 2019) | Change amount | Change ratio | Explanation of the reason for the change | |
| Net cash flow from operating activities | -85,471,622.64 | 419,627,201.97 | -505,098,824.61 | -120.37% | The main reason is that the scope of consolidated statements for the same period last year contains Pride's January-March 2019 data. | |
| Net cash flows from investing activities | 485,264,213.23 | -953,714,856.61 | 1,438,979,069.84 | -150.88% | The main reason is that the scope of consolidated statements for the same period last year contains Pride's January-March 2019 data. | |
| Net cash flow from financing activities | -92,031,901.83 | -140,352,574.44 | 48,320,672.61 | -34.43% | This is mainly due to the fact that the scope of the consolidated statement for the same period last year contains Pride's data for January-March 2019, and that the company implemented its own funds to buy back shares during the same period last year. |
II. Analysis of the progress of important matters, their impact and solutions
√ Applicable □ Not applicable
1. Overview of the company's overall operations in the first quarter of 2020
In the first quarter of 2020, the occurrence of a new coronavirus pneumonia outbreak had a negative impact on thehealth and safety of the people across the country and the normal development of economic activities in all aspects ofsociety. Under the strong leadership of the Party and the government, Dongfang Precision actively deployed theepidemic prevention and control work, and worked together with all walks of life and the people of the country to fightthe epidemic together. Under the premise of doing a good job in epidemic prevention and control and ensuring thesafety of all employees, the company actively promotes the resumption of work and production in accordance with theoverall arrangement of governments at all levels. During the reporting period, the overall main business maintained arelatively stable trend, and there was no significant change in main business income due to the epidemic.The epidemic has only a short-term, temporary impact on the normal business activities of the company's domesticbusiness entities, mainly due to the delay in resumption of work compared with previous years, the temporary delay inprocurement and supply, and the temporary obstruction of marketing services due to inconvenient transportation. Theabove factors have little impact on the normal operations of business entities in various countries in the first quarter of2020.In the first quarter of 2020, within the scope authorized by the board of directors, the investment income obtainedby the company using idle self-owned funds to purchase wealth management products increased significantlyyear-on-year, which had a positive impact on the company's overall profit and loss in the first quarter of 2020.
2. Summary of the progress of the company's major events in the first quarter of 2020
(1) Launch the 2020 restricted stock incentive plan
In order to improve the company's long-term incentive mechanism, fully mobilize the enthusiasm of the company'smanagement personnel and core backbones at all levels, effectively promote the company's long-term development, andachieve the purpose of "stabilizing the team, invigorating morale, gathering talents, and improving performance", in thefirst quarter of 2020 the company launched restricted stock incentive plan, using 27 million A shares of common stockrepurchased by the company from the secondary market as incentive shares, of which 22.85 million shares were grantedfor the first time, accounting for 1.48% of the total share capital; 4.15 million shares were reserved, accounting for
0.27% of the total share capital, and the reserved portion accounted for 15.37% of the total equity granted this time. Thegrant price of restricted stock is 1 yuan / share. The total number of incentive objects granted for the first time is 42persons, which are the directors, senior management personnel and core technical (business) personnel who served inthe company (including subsidiaries, same as below) when the company announced this incentive plan.
The 2020 Restricted Stock Incentive Plan has been reviewed and approved by the 43rd (Interim) Meeting of the3rd Board of Directors of the Company and the 1st Extraordinary General Meeting of Shareholders held on March 11,2020 and March 27, 2020 . The company held the forty-fourth (interim) meeting of the third session of the Board ofDirectors on March 27, 2020, and reviewed and approved the Proposal on Granting Restricted Stocks to Incentives onMarch 27.
(2) The investment project of the non-public offering of funds raised in 2017 is terminated and the surplus fundsare permanently replenished
The company's original planned investment project of “Pride Liyang Base New Energy Automobile Battery R & Dand Industrialization Project” in 2017 by the non-public offering of shares to raise supporting funds, as the companytransferred 100% equity of Pride, no longer has any level of relationship with Dongfang Precision, and the continued
implementation of the fundraising project no longer has any commercial rationality and feasibility. In view of this, theinvestment project of the non-public offering of funds raised in 2017 has in fact been automatically terminated at theend of 2019 when the company's sale of Pride's equity was completed.In view of the fact that the non-public offering of funds raised in 2017 has been terminated, in order to effectivelyuse funds to optimize resource allocation, enlarge and strengthen the main business of listed companies, enhance thevalue creation capabilities of listed companies and create more value for shareholders, the company decided to use thesurplus raised funds of approximately 1.10779 billion to permanently supplement working capital. This matter has beenreviewed and approved by the 2020 First Extraordinary General Meeting of Shareholders held on March 27, 2020.
(3) Revision of the articles of company
Based on the changes in the company's actual situation (such as total share capital, etc.), as well as the revision ofthe higher-level laws such as the "Company Law" and "Listed Company Governance Guidelines" from 2018 to 2019,combined with the actual needs of the company, promoting the creation of a relatively stable internal and externaldevelopment environment of the company allows the company to focus on the development of its main business of“high-end intelligent equipment”. The Company's 43rd (Interim) Meeting of the 3rd Board of Directors and the 1stExtraordinary General Meeting of Shareholders held on March 11, 2020 and March 27, 2020 respectively reviewed andapproved the motion on "Revision of <Articles of Association>".
| Overview of important matters | Disclosure date | Interim report disclosure website query index |
| "Restrictive Stock Incentive Plan 2020 (Draft)" and its summary | March 12, 2020 | http://www.cninfo.com.cn |
| "Announcement on Granting Restricted Stocks to Incentives" | March 28, 2020 | http://www.cninfo.com.cn |
| "Announcement on the Termination of the Fund-raising Investment Project and the Permanent Replenishment of the Raised Funds to Replenish the Working Capital" | March 12, 2020 | http://www.cninfo.com.cn |
| "Announcement on Amending the Articles of Company" | March 12, 2020 | http://www.cninfo.com.cn |
Implementation progress of share repurchase
□ Applicable √ Not applicable
Progress in the implementation of centralized bidding to reduce holdings of repurchased shares
□ Applicable √ Not applicable
III. The actual controllers, shareholders, related parties, purchasers and the company'scommitments related to the company's commitments that were not fulfilled during thereporting period
□ Applicable √ Not applicable
During the reporting period of the company, there were no actual commitments of the company's actual controllers, shareholders,related parties, purchasers, companies, and other related parties that failed to fulfill their commitments during the reporting period.
IV. Securities investment
□ Applicable √ Not applicable
There were no securities investments in the company during the reporting period.
V. Entrusted financial management
√ Applicable □ Not applicable
Unit: ten thousand yuan
| Specific type | Source of funds for entrusted financing | Entrusted financial management | Outstanding balance | Overdue amount not recovered |
| Bank wealth management products | Own funds | 167,300 | 48,300 | 0 |
| Bank wealth management products | Funds raised | 65,000 | 15,000 | 0 |
| In total | 232,300 | 63,300 | 0 | |
The specific situation of high-risk entrusted financial management with large single amount or low security, poor liquidity andnon-guaranteed capital
□ Applicable √ Not applicable
The entrusted financial management has expected that the principal cannot be recovered or there are other situations that may causeimpairment
□ Applicable √ Not applicable
VI. Derivatives investment
□ Applicable √ Not applicable
There was no derivative investment during the reporting period.
VII. External guarantees in violation of regulations
□ Applicable √ Not applicable
During the reporting period, the company had no violations of external guarantees.
VIII. Non-operating capital occupation of listed companies by controlling shareholders andtheir related parties
□ Applicable √ Not applicable
During the reporting period of the company, there was no non-operating capital occupation of the listed company by the controllingshareholder and its related parties.
IX. Registration form for reception of research, communication, interviews and otheractivities during the reporting period
□ Applicable √ Not applicable
During the reporting period, the company did not receive reception research, communication, interviews and other activities.
Section 4 Financial Statements
I. Financial Statements
1. Consolidated balance sheet
Prepared by: Guangdong Dongfang Precision aScience&Technology Co., Ltd.
March 31, 2020
Unit: yuan
| Item | March 31, 2020 | December 31, 2019 |
| Current assets: | ||
| Money funds | 2,655,577,430.72 | 2,356,703,434.60 |
| Settlement provisions | ||
| Dismantling funds | ||
| Trading financial assets | 625,117,440.46 | 1,164,039,381.59 |
| Derivative financial assets | ||
| Bill receivable | ||
| Accounts receivable | 673,374,745.46 | 597,431,210.02 |
| Receivable financing | 33,766,966.67 | 55,447,099.32 |
| Prepayments | 34,587,322.69 | 25,901,123.85 |
| Premium receivable | ||
| Receivable reinsurance account | ||
| Provision for reinsurance contract receivable | ||
| Other receivables | 89,605,064.33 | 79,573,114.49 |
| Among them: interest receivable | 13,401,884.49 | 721,935.36 |
| Dividend receivable | ||
| Buy back resale financial assets |
| Stock | 760,559,444.35 | 671,432,701.11 |
| Contract assets | ||
| Holding assets for sale | ||
| Non-current assets due within one year | 356,983.48 | |
| Other current assets | 117,677,005.17 | 22,346,314.29 |
| Total current assets | 4,990,265,419.85 | 4,973,231,362.75 |
| Non-current assets: | ||
| Loans and advances | ||
| Debt investment | ||
| Other debt investments | ||
| Long-term receivables | ||
| Long-term equity investment | 72,375,114.41 | 72,372,355.03 |
| Investment in other equity instruments | ||
| Other non-current financial assets | 16,548,312.44 | 20,559,159.34 |
| Investment real estate | ||
| Fixed assets | 575,909,823.91 | 585,754,900.75 |
| Construction in progress | 4,530,801.79 | 4,839,241.48 |
| Productive biological assets | ||
| Oil and gas asset | ||
| Right-of-use asset | ||
| Intangible assets | 314,561,462.16 | 249,882,429.53 |
| Development expenditure | ||
| Goodwill | 329,151,254.50 | 306,633,631.93 |
| Long-term prepaid expenses | 8,769,493.33 | 8,699,236.33 |
| Deferred tax assets | 52,893,166.43 | 49,025,021.61 |
| Other non-current assets | 2,532,183.06 | 2,518,818.56 |
| Total non-current assets | 1,377,271,612.03 | 1,300,284,794.56 |
| Total assets | 6,367,537,031.88 | 6,273,516,157.31 |
| Current liabilities: |
| Short-term loan | 75,568,139.52 | 117,888,353.14 |
| Borrowing from the Central Bank | ||
| Borrowed funds | ||
| Transactional financial liabilities | ||
| Derivative financial liabilities | ||
| Bills payable | 60,169,018.21 | 43,973,859.51 |
| Accounts payable | 548,347,360.71 | 472,862,744.45 |
| Advance payment | 336,881,113.13 | 286,511,724.62 |
| Contract liabilities | ||
| Selling back financial assets | ||
| Deposits and Interbank deposit | ||
| Agent trading securities | ||
| Agent underwriting securities | ||
| Staff payable | 111,654,441.27 | 106,677,329.95 |
| Taxes payable | 56,773,113.39 | 48,928,229.51 |
| Other payables | 76,911,742.74 | 90,950,443.16 |
| Of which: interest payable | 1,513,311.86 | 1,410,745.58 |
| Dividend payable | ||
| Fees and commissions | ||
| Reinsurance accounts payable | ||
| Holding liabilities for sale | ||
| Non-current liabilities due within one year | 474,214,939.69 | 353,399,238.29 |
| Other current liabilities | ||
| Total current liabilities | 1,740,519,868.66 | 1,521,191,922.63 |
| Non-current liabilities: | ||
| Insurance contract reserve | ||
| Long term loan | 32,406,010.94 | 224,146,667.48 |
| Bonds payable |
| Of which: preferred stock | ||
| Perpetual debt | ||
| Lease liability | ||
| Long-term payables | ||
| Long-term payable employee compensation | 16,796,539.98 | 12,252,657.36 |
| Estimated liabilities | 96,931,864.44 | 78,650,466.48 |
| Deferred income | 17,922,228.74 | 18,275,808.90 |
| Deferred income tax liabilities | 15,186,840.20 | 16,915,692.91 |
| Other non-current liabilities | ||
| Total non-current liabilities | 179,243,484.30 | 350,241,293.13 |
| Total Liabilities | 1,919,763,352.96 | 1,871,433,215.76 |
| Owners' equity: | ||
| Share capital | 1,545,126,957.00 | 1,838,647,096.00 |
| Other equity instruments | ||
| Of which: preferred stock | ||
| Perpetual debt | ||
| Capital reserve | 4,155,897,976.84 | 3,862,377,838.84 |
| Minus: treasury shares | 160,088,925.60 | 160,088,925.60 |
| Other comprehensive income | 24,783,210.01 | 24,971,085.32 |
| Special reserves | ||
| Surplus reserve | 51,830,974.45 | 51,830,974.45 |
| General risk preparation | ||
| Undistributed profit | -1,233,182,083.37 | -1,280,673,461.14 |
| Total equity attributable to owners of parent company | 4,384,368,109.33 | 4,337,064,607.87 |
| Minority shareholder interest | 63,405,569.59 | 65,018,333.68 |
| Total owner's equity | 4,447,773,678.92 | 4,402,082,941.55 |
| Total Liabilities and Owner's Equity | 6,367,537,031.88 | 6,273,516,157.31 |
Legal representative: Tang Zhuolin Chief in charge of accounting work: Qiu Yezhi Head of accounting institution: Qiu Yezhi
2. Parent Company Balance Sheet
Unit: yuan
| Item | March 31, 2020 | December 31, 2019 |
| Current assets: | ||
| Money funds | 2,287,934,652.30 | 1,899,380,375.38 |
| Settlement provisions | 614,797,561.65 | 1,163,000,000.00 |
| Derivative financial assets. | ||
| Notes receivable. | ||
| Accounts receivable. | 155,333,368.60 | 151,096,214.10 |
| Receivable financing. | 26,843,377.48 | 51,139,322.12 |
| Advance payment. | 6,342,475.76 | 3,233,763.27 |
| Other receivables. | 139,739,058.62 | 36,670,496.12 |
| Among them: interest receivable. | ||
| Dividend receivable. | ||
| Inventory. | 121,497,216.14 | 111,225,290.10 |
| Contract assets. | ||
| Hold assets for sale. | ||
| Non current assets due within one year. | 356,983.48 | |
| Other current assets. | 111,430.05 | 4,961,417.06 |
| Total current assets. | 3,352,599,140.60 | 3,421,063,861.63 |
| Non-current assets: | ||
| Debt investment. | ||
| Other creditor's rights investment. | ||
| Long-term receivables. | ||
| Long-term equity investment. | 439,644,635.72 | 439,638,782.00 |
| Investment in other equity instruments. |
| Other illiquid financial assets. | ||
| Investment real estate. | ||
| Fixed assets. | 334,765,818.28 | 340,791,611.76 |
| Project under construction. | 106,248.16 | 83,070.80 |
| Productive biological assets. | ||
| Oil and gas assets. | ||
| Right to use assets. | ||
| Intangible assets. | 60,378,747.78 | 60,733,612.10 |
| Development expenditure. | ||
| goodwill. | ||
| Long-term prepaid expenses. | 3,300,976.43 | 3,335,014.92 |
| Deferred income tax assets. | 4,923,465.18 | 4,923,465.18 |
| Other non-current assets. | 585,189.00 | 585,189.00 |
| Total non-current assets. | 843,705,080.55 | 850,090,745.76 |
| Total assets. | 4,196,304,221.15 | 4,271,154,607.39 |
| Current liabilities: | ||
| Short-term loan. | 90,000,000.00 | |
| Transactional financial liabilities. | ||
| Derivative financial liabilities. | ||
| Notes payable. | 54,311,385.48 | 43,843,859.51 |
| Accounts payable. | 42,861,601.13 | 70,687,704.41 |
| Advance payment. | 31,445,797.73 | 17,451,789.10 |
| Contractual liability. | ||
| Salary payable to staff and workers. | 23,048,395.99 | 26,144,254.56 |
| Taxes payable. | 6,468,515.35 | 1,921,575.57 |
| Other payables. | 44,781,046.66 | 50,214,415.95 |
| Among them: interest payable. | ||
| Dividend payable. | ||
| Hold unsold liabilities. |
| Non-current liabilities due within one year. | ||
| Other current liabilities. | ||
| Total current liabilities. | 202,916,742.34 | 300,263,599.10 |
| Non-current liabilities: | ||
| Long-term loan. | ||
| Bonds payable. | ||
| Among them: preferred stock. | ||
| Perpetual debt. | ||
| Lease liability. | ||
| Long-term payable. | ||
| Long-term salary payable to staff and workers. | ||
| Estimated liability. | ||
| Deferred return. | 14,144,466.66 | 14,423,631.66 |
| Deferred income tax liability. | ||
| Other non-current liabilities. | ||
| Total non-current liabilities. | 14,144,466.66 | 14,423,631.66 |
| Total liabilities. | 217,061,209.00 | 314,687,230.76 |
| Owner's equity: | ||
| Capital stock. | 1,545,126,957.00 | 1,838,647,096.00 |
| Other equity instruments. | ||
| Among them: preferred stock. | ||
| Perpetual debt. | ||
| Capital reserve. | 3,902,111,740.42 | 3,608,591,602.42 |
| Minus: inventory stock. | 160,088,925.60 | 160,088,925.60 |
| Other comprehensive income. | ||
| Special reserve. | ||
| Surplus reserve. | 51,830,974.45 | 51,830,974.45 |
| Undistributed profit. | -1,359,737,734.12 | -1,382,513,370.64 |
| Total owner's equity. | 3,979,243,012.15 | 3,956,467,376.63 |
| Total liabilities and owners' equity | 4,196,304,221.15 | 4,271,154,607.39 |
3. Consolidated Income Statement
Unit: yuan
| Item | Current occurrence amount. | The occurrence amount of the previous period |
| 1 Total operating income | 618,374,944.67 | 1,199,609,998.96 |
| Of which: operating income | 618,374,944.67 | 1,199,609,998.96 |
| Interest income | ||
| Premiums earned | ||
| Fee and commission income | ||
| 2. Total operating cost | 581,488,481.66 | 1,152,880,053.50 |
| Among them: operating cost. | 457,636,080.05 | 992,610,812.80 |
| Interest expense. | ||
| Payment of fees and commission. | ||
| Surrender fund. | ||
| Net indemnity expenditure. | ||
| Draw the net reserve of insurance liability contract. | ||
| Policy dividend expense. | ||
| Reinsurance cost. | ||
| Taxes and surcharges. | 3,914,520.73 | 3,818,024.80 |
| Selling expenses. | 46,892,860.86 | 45,032,358.50 |
| Administrative expenses. | 55,671,100.82 | 74,708,510.39 |
| Research and development expenses. | 13,749,361.22 | 26,167,032.77 |
| Financial expenses. | 3,624,557.98 | 10,543,314.24 |
| Among them: interest expense. | 4,578,253.59 | 13,397,170.73 |
| Interest income. | 5,541,448.43 | 9,974,322.98 |
| Plus: other income. | 548,066.08 | 1,432,189.66 |
| Investment income (loss with "-" sign). | 21,624,480.68 | 3,533,941.09 |
| Among them: the return on investment in collaborative ventures and joint ventures. | 5,853.72 | 877,146.30 |
| Termination of recognition of income from financial assets measured at amortized cost. | ||
| Exchange gain (loss with "-" sign). | ||
| Net exposure hedging gain (loss with "-" sign). | ||
| Fair value change income (loss with "-" sign). | 1,514,846.98 | |
| Loss of credit impairment (loss is listed with "-" sign). | ||
| Loss on impairment of assets (loss with "-" sign). | -1,594,314.49 | -653,989.02 |
| Income from asset disposal (loss with "-" sign). | 36,851.42 | |
| 3 Operating profit (losses are listed with "-" sign). | 58,979,542.26 | 51,078,938.61 |
| Plus: non-operating income. | 2,379,749.43 | 799,361.91 |
| Minus: non-operating expenses. | 371,285.41 | 1,652,114.06 |
| 4 The total profit (the total loss shall be filled in with the sign "-"). | 60,988,006.28 | 50,226,186.46 |
| Minus: income tax expenses. | 15,109,392.60 | 22,903,255.15 |
| 5. Net profit (net loss is listed with "-" sign). | 45,878,613.68 | 27,322,931.31 |
| (1) Classified by business sustainability. |
| 1. Net profit from continuing operations (net loss with "-" sign). | 45,878,613.68 | 27,322,931.31 |
| 2.Net profit from termination of operation (net loss with "-" sign). | ||
| (2)Classification according to ownership. | ||
| 1.Net profit attributable to the owner of the parent company. | 47,491,377.77 | 26,225,836.51 |
| 2.Minority shareholders' profit and loss. | -1,612,764.09 | 1,097,094.80 |
| 6 Net after tax of other comprehensive income. | -187,875.31 | -8,376,849.01 |
| Net after tax of other comprehensive income attributable to the owner of the parent company. | -187,875.31 | -8,377,294.20 |
| (1) Other comprehensive income that cannot be reclassified into profit or loss. | -615,279.19 | |
| 1. Re-measure the change in the benefit plan. | -615,279.19 | |
| 2 Other comprehensive income that cannot be transferred to profit or loss under the equity method. | ||
| 3. Changes in fair value of investments in other equity instruments. | ||
| 4. Fair value change of enterprise's own credit risk. | ||
| 5.Other. | ||
| (2) Other comprehensive income reclassified into profit or loss. | -187,875.31 | -7,762,015.01 |
| 1. Other comprehensive income that can be transferred to profit or loss under the |
| equity method. | ||
| 2.Changes in fair value of other creditor's rights investments. | ||
| 3.The amount of financial assets reclassified to other comprehensive income. | ||
| 4.Provision for credit impairment of other creditor's rights investment. | ||
| 5.Cash flow hedging reserve. | -1,590,667.99 | |
| 6.Translation difference of foreign currency financial statements. | -187,875.31 | -6,171,347.02 |
| 7.Other. | ||
| Net after tax of other consolidated income attributable to minority shareholders. | 445.19 | |
| 7 Total comprehensive income. | 45,690,738.37 | 18,946,082.30 |
| Total consolidated income attributable to the owner of the parent company. | 47,303,502.46 | 17,848,542.31 |
| Total consolidated income attributable to minority shareholders. | -1,612,764.09 | 1,097,539.99 |
| 8. Earnings per share: | ||
| (1) Basic earnings per share. | 0.03 | 0.01 |
| (2) Diluted earnings per share | 0.03 | 0.01 |
In the case of a business merger under the same control in the current period, the net profit realized by the merged party before themerger is: yuan, and the net profit realized by the merged party in the previous period is: yuan.Legal representative: Tang Zhuolin Chief in charge of accounting work: Qiu Yezhi Head of accounting institution: Qiu Yezhi
4. Parent company profit statement
Unit: yuan
| Item | Current occurrence amount. | The occurrence amount of the previous |
| period | ||
| I. Business income. | 62,887,114.38 | 68,814,402.33 |
| Minus: operating cost. | 37,107,803.20 | 47,277,204.62 |
| Taxes and surcharges. | 3,010,272.32 | 2,388,328.74 |
| Selling expenses. | 5,190,034.53 | 4,451,112.02 |
| Administrative expenses. | 12,720,151.52 | 19,302,391.12 |
| Research and development expenses. | 4,486,308.96 | 2,384,477.64 |
| Financial expenses. | -841,953.60 | -2,055,941.98 |
| Among them: interest expense. | 1,200,483.33 | 1,497,825.01 |
| Interest income. | 4,074,411.00 | 7,683,073.12 |
| Plus: other income. | 279,165.00 | 959,165.00 |
| Investment income (loss with "-" sign). | 21,579,176.54 | 3,206,549.49 |
| Among them: the return on investment in joint ventures and combined ventures. | 5,853.72 | 550,566.03 |
| Termination of recognition of gains on financial assets measured at amortised cost (loss with "-" sign). | ||
| Net exposure hedging gain (loss with "-" sign). | ||
| Fair value change income (loss with "-" sign). | 1,797,561.40 | |
| Loss of credit impairment (loss is listed with "-" sign). | ||
| Loss on impairment of assets (loss with "-" sign). | ||
| Income from asset disposal (loss with "-" sign). | ||
| 2. Operating profit (loss shall be listed with "-" sign). | 24,870,400.39 | -767,455.34 |
| Plus: non-operating income. | 2,243,761.00 | 7,081.21 |
| Minus: non-operating expenses. | 316,600.00 | 123,933.13 |
| 3. The total profit (the total loss shall be filled in with the sign "-"). | 26,797,561.39 | -884,307.26 |
| Minus: income tax expenses. | 4,021,924.87 | 16,786.67 |
| 4. Net profit (net loss is listed with "-" sign). | 22,775,636.52 | -901,093.93 |
| (1) Net profit from continuing operation (net loss with "-" sign). | ||
| (2) Net profit from termination of operation (net loss with "-" sign). | ||
| 5. Net after tax of other comprehensive income. | ||
| (1) Other comprehensive income that cannot be reclassified into profit or loss. | ||
| 1. Re-measure the change in the benefit plan. | ||
| 2 Other comprehensive income that cannot be transferred to profit or loss under the equity method. | ||
| 3. Changes in fair value of investments in other equity instruments. | ||
| 4. Fair value change of enterprise's own credit risk. | ||
| 5. Other. | ||
| (2) Other comprehensive income reclassified into profit or loss. | ||
| 1. Other comprehensive income that can be transferred to profit or loss under the equity method. | ||
| 2 Changes in fair value of other creditor's rights investments. | ||
| 3.The amount of financial assets reclassified to other comprehensive income. | ||
| 4.Provision for credit impairment of other creditor's rights investment. | ||
| 5.Cash flow hedging reserve. | ||
| 6.Conversion difference of foreign currency financial statements. | ||
| 7.Other | ||
| 6. Total comprehensive income. | 22,775,636.52 | -901,093.93 |
| 7. Earnings per share: | ||
| (1) Basic earnings per share. | ||
| (2) Diluted earnings per share |
5.Consolidated statement of cash flows
Unit: yuan
| Item | Current occurrence amount. | The occurrence amount of the previous period |
| 1 Cash flow generated by business activities: | ||
| Cash received from the sale of goods and the provision of services. | 695,219,287.09 | 2,589,521,846.32 |
| Net increase in customer deposits and interbank deposits. | ||
| Net increase in borrowing from the central bank. | ||
| Net increase in funds transferred to other financial institutions. | ||
| Cash received from the premium of the original insurance contract. | ||
| Net cash received from reinsurance business. | ||
| Net increase in depositors' deposits and investment funds. | ||
| Cash that collects interest, commission and commission. | ||
| Net increase in borrowed funds. | ||
| Net increase in funds for repurchase business. | ||
| Net cash received by agents buying and selling securities. | ||
| Tax refund received. | 10,664,890.52 | 12,253,710.66 |
| Receipt of other cash related to business | 13,948,141.53 | 17,676,031.71 |
| activities. | ||
| Subtotal cash inflows from operating activities. | 719,832,319.14 | 2,619,451,588.69 |
| Cash paid for the purchase of goods and services. | 536,072,255.86 | 1,657,037,695.71 |
| Net increase in customer loans and advances. | ||
| Net increase in central bank and interbank deposits. | ||
| Cash to pay the indemnity of the original insurance contract. | ||
| Net increase in loan funds | ||
| Cash for the payment of interest, fees and commissions. | ||
| Cash for the payment of policy dividends. | ||
| Cash paid to and for employees. | 55,012,239.65 | 159,977,929.19 |
| Taxes and fees paid. | 16,347,988.73 | 314,173,332.24 |
| Payment of other cash related to business activities. | 197,871,457.54 | 68,635,429.58 |
| Subtotal cash outflow from operating activities. | 805,303,941.78 | 2,199,824,386.72 |
| Net cash flow from operating activities. | -85,471,622.64 | 419,627,201.97 |
| 2. Cash flow generated by investment activities: | ||
| Recover the cash received from the investment. | ||
| Cash received from investment income. | 2,655,983.46 | |
| Net cash recovered from disposal of | 63,805.26 |
| fixed assets, intangible assets and other long-term assets. | ||
| Disposal of net cash received by subsidiaries and other business units. | ||
| Receipt of other cash related to investment activities. | 593,724,030.96 | 280,400,666.67 |
| Subtotal cash inflows from investment activities. | 593,724,030.96 | 283,120,455.39 |
| Cash paid for the purchase and construction of fixed assets, intangible assets and other long-term assets. | 74,459,817.73 | 11,780,285.08 |
| Cash paid for investment. | ||
| Net increase in pledged loans. | ||
| Obtain net cash paid by subsidiaries and other business units. | ||
| Payment of other cash related to investment activities. | 34,000,000.00 | 1,225,055,026.92 |
| Subtotal cash outflow from investment activities. | 108,459,817.73 | 1,236,835,312.00 |
| Net cash flow from investment activities. | 485,264,213.23 | -953,714,856.61 |
| 3 Cash flow generated by fund-raising activities: | ||
| Absorb the cash received by the investment. | ||
| Among them: the subsidiary absorbs the cash received from the investment of minority shareholders. | ||
| Cash received for obtaining loans. | 71,352,693.86 | 21,558,182.17 |
| Receipt of other cash related to fund-raising activities. | ||
| Subtotal cash inflows from fund-raising activities. | 71,352,693.86 | 21,558,182.17 |
| Cash paid to repay debts. | 158,504,233.87 | 83,635,533.03 |
| Cash paid for the distribution of dividends, profits, or interest payments. | 4,553,361.82 | 4,233,859.20 |
| Among them: dividends and profits paid by subsidiaries to minority shareholders. | ||
| Payment of other cash related to fund-raising activities. | 327,000.00 | 74,041,364.38 |
| Subtotal cash outflow from fund-raising activities. | 163,384,595.69 | 161,910,756.61 |
| Net cash flow from fund-raising activities. | -92,031,901.83 | -140,352,574.44 |
| 4 The impact of exchange rate changes on cash and cash equivalents. | 2,796,271.09 | -12,740,459.76 |
| 5 net increase in cash and cash equivalents. | 310,556,959.85 | -687,180,688.84 |
| Plus: balance of cash and cash equivalents at the beginning of the period. | 2,312,190,271.56 | 2,057,997,442.35 |
| 6 Balance of cash and cash equivalents at the end of the period | 2,622,747,231.41 | 1,370,816,753.51 |
6.Parent company cash flow statement
Unit: yuan
| Item | Current occurrence amount. | The occurrence amount of the previous period |
| 1. Cash flow generated by business activities: | ||
| Cash received from the sale of goods and the provision of services. | 97,293,624.68 | 108,030,115.83 |
| Tax refund received. | 2,998,393.83 | 5,625,311.50 |
| Receipt of other cash related to business activities. | 12,528,235.40 | 4,355,488.72 |
| Subtotal cash inflows from operating activities. | 112,820,253.91 | 118,010,916.05 |
| Cash paid for the purchase of goods and services. | 61,587,839.41 | 65,526,119.93 |
| Cash paid to and for employees. | 20,666,974.47 | 18,246,855.74 |
| Taxes and fees paid. | 3,753,566.40 | 2,157,584.77 |
| Payment of other cash related to business activities. | 103,647,802.56 | 6,914,608.77 |
| Subtotal cash outflow from operating activities. | 189,656,182.84 | 92,845,169.21 |
| Net cash flow from operating activities. | -76,835,928.93 | 25,165,746.84 |
| 2. Cash flow generated by investment activities: | ||
| Recover the cash received from the investment. | ||
| Cash received from investment income. | 2,655,983.46 | |
| Net cash recovered from disposal of fixed assets, intangible assets and other long-term assets. | ||
| Disposal of net cash received by subsidiaries and other business units. | ||
| Receipt of other cash related to | 569,686,288.46 | 230,200,000.00 |
| investment activities. | ||
| Subtotal cash inflows from investment activities. | 569,686,288.46 | 232,855,983.46 |
| Cash paid for the purchase and construction of fixed assets, intangible assets and other long-term assets. | 1,080,828.80 | 4,076,013.51 |
| Cash paid for investment. | ||
| Obtain net cash paid by subsidiaries and other business units. | ||
| Payment of other cash related to investment activities. | 770,000,000.00 | |
| Subtotal cash outflow from investment activities. | 1,080,828.80 | 774,076,013.51 |
| Net cash flow from investment activities. | 568,605,459.66 | -541,220,030.05 |
| 3. Cash flow generated by fund-raising activities: | ||
| Absorb the cash received by the investment. | ||
| Cash received for obtaining loans. | ||
| Receipt of other cash related to fund-raising activities. | ||
| Subtotal cash inflows from fund-raising activities. | ||
| Cash paid to repay debts. | 90,000,000.00 | 50,000,000.00 |
| Cash paid for the distribution of dividends, profits, or interest payments. | 1,075,452.00 | 1,256,935.00 |
| Payment of other cash related to fund-raising activities. | 327,000.00 | 74,041,364.38 |
| Subtotal cash outflow from fund-raising activities. | 91,402,452.00 | 125,298,299.38 |
| Net cash flow from fund-raising activities. | -91,402,452.00 | -125,298,299.38 |
| 4. The impact of exchange rate changes on cash and cash equivalents. | -443,605.26 | |
| 5.Net increase in cash and cash equivalents. | 399,923,473.47 | -641,352,582.59 |
| Plus: balance of cash and cash equivalents at the beginning of the period. | 1,770,491,895.62 | 1,432,283,149.36 |
| 6. Balance of cash and cash equivalents at the end of the period | 2,170,415,369.09 | 790,930,566.77 |
II. Explanation of the adjustment of financial statements
1. For the first time since 2020, the implementation of the new income standard and the new leasingstandard will be adjusted for the first implementation of the financial statements at the beginning of theyear.
√ Applicable □ Not applicable
Consolidated balance sheet
Unit: yuan
| Item | December 31, 2019 | January 1, 2020 | Adjust integer |
| Current assets: | |||
| Money funds | 2,356,703,434.60 | 2,356,703,434.60 | |
| Trading financial assets | 1,164,039,381.59 | 1,164,039,381.59 | |
| Accounts receivable | 597,431,210.02 | 597,431,210.02 | |
| Receivable financing | 55,447,099.32 | 55,447,099.32 | |
| Prepayments | 25,901,123.85 | 25,901,123.85 |
| Other receivables | 79,573,114.49 | 79,573,114.49 | |
| Among them: interest receivable | 721,935.36 | 721,935.36 | |
| Stock | 671,432,701.11 | 671,432,701.11 | |
| Non-current assets due within one year | 356,983.48 | 356,983.48 | |
| Other current assets | 22,346,314.29 | 22,346,314.29 | |
| Total current assets | 4,973,231,362.75 | 4,973,231,362.75 | |
| Non-current assets: | |||
| Long-term equity investment | 72,372,355.03 | 72,372,355.03 | |
| Other non-current financial assets | 20,559,159.34 | 20,559,159.34 | |
| Fixed assets | 585,754,900.75 | 585,754,900.75 | |
| Construction in progress | 4,839,241.48 | 4,839,241.48 | |
| Intangible assets | 249,882,429.53 | 249,882,429.53 | |
| Goodwill | 306,633,631.93 | 306,633,631.93 | |
| Long-term prepaid expenses | 8,699,236.33 | 8,699,236.33 | |
| Deferred tax assets | 49,025,021.61 | 49,025,021.61 | |
| Other non-current assets | 2,518,818.56 | 2,518,818.56 | |
| Total non-current assets | 1,300,284,794.56 | 1,300,284,794.56 | |
| Total assets | 6,273,516,157.31 | 6,273,516,157.31 | |
| Current liabilities: | |||
| Short-term loan | 117,888,353.14 | 117,888,353.14 | |
| Bills payable | 43,973,859.51 | 43,973,859.51 | |
| Accounts payable | 472,862,744.45 | 472,862,744.45 | |
| Advance payment | 286,511,724.62 | 286,511,724.62 | |
| Staff payable | 106,677,329.95 | 106,677,329.95 | |
| Taxes payable | 48,928,229.51 | 48,928,229.51 | |
| Other payables | 90,950,443.16 | 90,950,443.16 | |
| Of which: interest payable | 1,410,745.58 | 1,410,745.58 |
| Non-current liabilities due within one year | 353,399,238.29 | 353,399,238.29 | |
| Total current liabilities | 1,521,191,922.63 | 1,521,191,922.63 | |
| Non-current liabilities: | |||
| Long term loan | 224,146,667.48 | 224,146,667.48 | |
| Long-term payable employee compensation | 12,252,657.36 | 12,252,657.36 | |
| Estimated liabilities | 78,650,466.48 | 78,650,466.48 | |
| Deferred income | 18,275,808.90 | 18,275,808.90 | |
| Deferred income tax liabilities | 16,915,692.91 | 16,915,692.91 | |
| Total non-current liabilities | 350,241,293.13 | 350,241,293.13 | |
| Total Liabilities | 1,871,433,215.76 | 1,871,433,215.76 | |
| Owners' equity: | |||
| Share capital | 1,838,647,096.00 | 1,838,647,096.00 | |
| Capital reserve | 3,862,377,838.84 | 3,862,377,838.84 | |
| Minus: treasury shares | 160,088,925.60 | 160,088,925.60 | |
| Other comprehensive income | 24,971,085.32 | 24,971,085.32 | |
| Surplus reserve | 51,830,974.45 | 51,830,974.45 | |
| Undistributed profit | -1,280,673,461.14 | -1,280,673,461.14 | |
| Total equity attributable to owners of parent company | 4,337,064,607.87 | 4,337,064,607.87 | |
| Minority shareholder interest | 65,018,333.68 | 65,018,333.68 | |
| Total owner's equity | 4,402,082,941.55 | 4,402,082,941.55 | |
| Total Liabilities and Owner's Equity | 6,273,516,157.31 | 6,273,516,157.31 |
Adjustment description.
Parent company balance sheet
Unit: yuan
| Item | December 31, 2019 | January 1, 2020 | Adjust integer |
| Current assets: | |||
| Monetary fund. | 1,899,380,375.38 | 1,899,380,375.38 | |
| Transactional financial assets. | 1,163,000,000.00 | 1,163,000,000.00 | |
| Accounts receivable. | 151,096,214.10 | 151,096,214.10 | |
| Receivable financing. | 51,139,322.12 | 51,139,322.12 | |
| Advance payment. | 3,233,763.27 | 3,233,763.27 | |
| Other receivables. | 36,670,496.12 | 36,670,496.12 | |
| Inventory. | 111,225,290.10 | 111,225,290.10 | |
| Non current assets due within one year. | 356,983.48 | 356,983.48 | |
| Other current assets. | 4,961,417.06 | 4,961,417.06 | |
| Total current assets. | 3,421,063,861.63 | 3,421,063,861.63 | |
| Non-current assets: | |||
| Long-term equity investmen | 439,638,782.00 | 439,638,782.00 | |
| Fixed assets. | 340,791,611.76 | 340,791,611.76 | |
| Project under construction. | 83,070.80 | 83,070.80 | |
| Intangible assets. | 60,733,612.10 | 60,733,612.10 | |
| Long-term prepaid expenses. | 3,335,014.92 | 3,335,014.92 | |
| Deferred income tax assets. | 4,923,465.18 | 4,923,465.18 | |
| Other non-current assets. | 585,189.00 | 585,189.00 | |
| Total non-current assets. | 850,090,745.76 | 850,090,745.76 | |
| Total assets. | 4,271,154,607.39 | 4,271,154,607.39 | |
| Current liabilities: | |||
| Short-term loan. | 90,000,000.00 | 90,000,000.00 | |
| Notes payable. | 43,843,859.51 | 43,843,859.51 |
| Accounts payable. | 70,687,704.41 | 70,687,704.41 | |
| Advance payment. | 17,451,789.10 | 17,451,789.10 | |
| Salary payable to staff and workers. | 26,144,254.56 | 26,144,254.56 | |
| Taxes payable. | 1,921,575.57 | 1,921,575.57 | |
| Other payables. | 50,214,415.95 | 50,214,415.95 | |
| Total current liabilities. | 300,263,599.10 | 300,263,599.10 | |
| Non-current liabilities: | |||
| Deferred return. | 14,423,631.66 | 14,423,631.66 | |
| Total non-current liabilities. | 14,423,631.66 | 14,423,631.66 | |
| Total liabilities. | 314,687,230.76 | 314,687,230.76 | |
| Owner's equity: | |||
| Capital stock. | 1,838,647,096.00 | 1,838,647,096.00 | |
| Capital reserve. | 3,608,591,602.42 | 3,608,591,602.42 | |
| Minus: inventory stock. | 160,088,925.60 | 160,088,925.60 | |
| Surplus reserve. | 51,830,974.45 | 51,830,974.45 | |
| Undistributed profit. | -1,382,513,370.64 | -1,382,513,370.64 | |
| Total owner's equity. | 3,956,467,376.63 | 3,956,467,376.63 | |
| Total liabilities and owners' equity | 4,271,154,607.39 | 4,271,154,607.39 |
Adjustment description.
2. The first time to implement the new income standard and the new leasing standard retrospectively adjustthe comparative data in the previous period from 2020
□ Applicable √ Not applicable
III. Audit reportWhether the first quarter report has been audited
□ Yes √ No
The company's first quarter report has not been audited.