GuangdongElectricPowerDevelopmentCo.,Ltd.
TheFirstQuarterReport2021
April2021
1ImportantnotesTheBoardofDirectors，theSupervisoryCommittee,thedirectors,thesupervisors,andexecutivesoftheCompanyguaranteethattherearenosignificantomissions,fictitiousormisleadingstatementscarriedintheQuarterReportandwewillacceptindividualandjointresponsibilitiesforthetruthfulness,accuracyandcompletenessoftheQuarterReport.AllofthedirectorspresentedtheboardmeetingatwhichthisQuarterReportwasexamined.Mr.WangJin,PersoninchargeoftheCompany,Mr.LiuWei,Personinchargeofaccountingworks,Mr.MengFei,CFOaswellaspersoninchargeofaccountinginstitutionrepresentandwarrantthefinancialandaccountingreportinthefirstquarterreportistrueandcomplete.
II.Basicinformationaboutthecompany
I.MainfinancialdataandindicesIndicatebytickmarkwhethertheCompanyneedstoretroactivelyrestateanyofitsaccountingdata.
□Yes√No
| Thisperiod | Sameperiodoflastyear | Changesofthisperiodoversameperiodoflastyear（％） | |
| Operatingrevenue（Yuan） | 7,855,944,946 | 4,703,863,816 | 67.01% |
| Netprofitattributabletotheshareholdersofthelistedcompany（Yuan） | -49,403,428 | 7,373,105 | Notapplicable |
| Netprofitafterdeductingofnon-recurringgain/lossattributabletotheshareholdersoflistedcompany（Yuan） | -53,624,970 | -372,094 | Notapplicable |
| Netcashgeneratedfrom/usedinoperatingactivities（Yuan） | 700,758,687 | 1,170,574,344 | -40.14% |
| Basicearningpershare(Yuan/Share) | -0.0094 | 0.0014 | Notapplicable |
| Dilutedgainspershare(Yuan/Share) | -0.0094 | 0.0014 | Notapplicable |
| Weightedaveragereturnonequity（%） | -0.18% | 0.03% | -0.21% |
| Endofthisperiod | Endoflastperiod | Changesofthisperiod-endoversameperiod-endoflastyear(%) | |
| Totalassets（Yuan） | 88,793,725,069 | 85,970,818,168 | 3.28% |
| Netassetsattributabletotheshareholdersofthelistedcompany（Yuan） | 27,409,481,697 | 27,369,995,422 | 0.14% |
Itemsandamountofnon-currentgainsandlosses
√Applicable□Notapplicable
InRMB
| Items | Amount(Year-beginningtotheendofthereportperiod.) | Notes |
| Non-currentassetdisposalgain/loss(includingthewrite-offpartforwhichassetsimpairmentprovisionismade) | 2,741,914 | |
| Govemmentsubsidyrecognizedincurrentgainandloss(excludingthosecloselyrelatedtotheCompany’sbusinessandgrantedunderthestate’spolicies) | 4,858,932 | Mainlyduetotheelectricitysalescompanyreceivedaspecialsubsidyof1.81millionyuanfromtheNanshaFinanceBureauandsomesubordinateunits |
| receivedthejob-poststabilizationsubsidy. | ||
| Othernon-operatingincomeandexpenditureexceptfortheaforementioneditems | -3,886,333 | |
| Less:Amountofinfluenceofincometax | 687,703 | |
| Influencedamountofminorshareholders’equity(aftertax) | -1,194,732 | |
| Total | 4,221,542 | -- |
ExplainthereasonsiftheCompanyclassifiesanitemasanextraordinarygain/lossaccordingtothedefinitionintheExplanatoryAnnouncementNo.1onInformationDisclosureforCompaniesOfferingTheirSecuritiestothePublic-ExtraordinaryGainsandLosses,orclassifiesanyextraordinarygain/lossitemmentionedinthesaidexplanatoryannouncementasarecurrentgain/lossitem.
√Applicable□Notapplicable
| Items | Amountinvolved | Reason |
| Value-addedtaxwillberefundedimmediately | 1,465,803 | Accordingtothepreferentialpolicyofimmediaterefundofvalue-addedtax,theCompanyanditsholdingsubsidiariesareincompliancewiththerelevantregulationsandcontinuetoenjoythepreferentialvalue-addedtaxrefund. |
II.Totalnumberofshareholdersattheperiod-endandshareholdingsoftop10shareholders
1.AboutTotalCommonShareholders,TotalPreferenceShareholderswiththeVotingPowerRecoveredandtheSharesHeldbyTopTenCommonShareholders
Inshares
| Totalnumberofcommonshareholdersattheperiod-end | 92,978 | Totalpreferenceshareholderswiththevotingpowerrecoveredattheendofthereportingperiod(ifany) | 0 | ||||||
| Sharesheldbythetop10shareholders | |||||||||
| Shareholdername | Propertiesofshareholder | Shareproportion% | Quantity | AmountoftradableshareswithConditionalheld | Pledgingorfreezing | ||||
| Statusoftheshares | Quantity | ||||||||
| GuangdongEnergyGroupCo.,Ltd. | State-ownedlegalperson | 67.39% | 3,538,005,285 | 1,893,342,621 | |||||
| GuangzhouDevelopmentGroupCo.,Ltd. | State-ownedlegalperson | 2.22% | 116,693,602 | ||||||
| ChinaSecuritiesFinanceCo.,Ltd. | State-ownedlegalperson | 1.94% | 102,099,671 | ||||||
| GuangdongElectricPowerDevelopmentCorporation | State-ownedlegalperson | 1.80% | 94,367,341 | ||||||
| LiZhuo | Domestic | 1.18% | 61,996,411 | ||||||
| Naturalperson | |||||||
| ZhengJianxiang | DomesticNaturalperson | 0.48% | 25,128,874 | ||||
| HarbinHaliIndustryCo.,Ltd. | DomesticNon-Stateownedlegalperson | 0.40% | 20,942,945 | ||||
| VANGUARDTOTALINTERNATIONALSTOCKINDEXFUND | OverseasLegalperson | 0.30% | 15,855,512 | ||||
| CHINAINT'LCAPITALCORPHONGKONGSECURITIESLTD | OverseasLegalperson | 0.29% | 15,216,066 | ||||
| HarbinDaoliDistrictCharityFoundation | DomesticNon-Stateownedlegalperson | 0.26% | 13,660,906 | ||||
| SharesheldbytheTop10ShareholdersofNon-restrictedshares | |||||||
| Shareholders’Names | Numberofthenon-restrictedsharesheld | Sharetype | |||||
| Sharetype | Quantity | ||||||
| GuangdongEnergyGroupCo.,Ltd. | 1,644,662,664 | RMBCommonshares | 1,644,662,664 | ||||
| GuangzhouDevelopmentGroupCo.,Ltd. | 116,693,602 | RMBCommonshares | 116,693,602 | ||||
| ChinaSecuritiesFinanceCo.,Ltd. | 102,099,671 | RMBCommonshares | 102,099,671 | ||||
| GuangdongElectricPowerDevelopmentCorporation | 94,367,341 | RMBCommonshares | 94,367,341 | ||||
| LiZhuo | 61,996,411 | RMBCommonshares | 61,996,411 | ||||
| ZhengJianxiang | 25,128,874 | Foreignsharesplacedindomesticexchange | 25,128,874 | ||||
| HarbinHaliIndustryCo.,Ltd. | 20,942,945 | RMBCommonshares | 20,942,945 | ||||
| VANGUARDTOTALINTERNATIONALSTOCKINDEXFUND | 15,855,512 | Foreignsharesplacedindomesticexchange | 15,855,512 | ||||
| CHINAINT'LCAPITALCORPHONGKONGSECURITIESLTD | 15,216,066 | Foreignsharesplacedindomesticexchange | 15,216,066 | ||||
| HarbinDaoliDistrictCharityFoundation | 13,660,906 | RMBCommonshares | 13,660,906 | ||||
| Explanationonassociatedrelationshiporconcertedactionof | ThefourthlargestshareholderGuangdongElectricPowerDevelopmentCorporationisthewholly-ownedsubsidiariesofthelargestshareholderGuangdongEnergyGroup.Thesetwo | ||||||
| theaboveshareholders | companieshaverelationships;whethertheothershareholdershaverelationshipsorunanimousactingwasunknown. |
| Notetothetop10commonstockholdersinvolvedinmarginfinancing&securitieslending(Ifany) | TheFifthlargestshareholderLiZhuoholds1,270,220AsharesoftheCompanythroughAsharesordinarystockaccount,andholds60,726,191AsharesoftheCompanythroughstockaccountwithcredittransactionandguarantee,hold61,996,411sharesoftheCompany'sstocktotally；TheseventhlargestshareholderHarbinHaliIndustryCo.,Ltd.holds300AsharesoftheCompanythroughAsharesordinarystockaccount,andholds20,942,645AsharesoftheCompanythroughstockaccountwithcredittransactionandguarantee.hold20，942，945sharesoftheCompany'sstocktotally；TheTenthlargestshareholderHarbinDaoliDistrictCharityFoundationholds10,300AsharesoftheCompanythroughAsharesordinarystockaccount,andholds13,650,606AsharesoftheCompanythroughstockaccountwithcredittransactionandguarantee,holds13,660,906sharesoftheCompany'sstocktotally. |
Whethertoptencommonshareholdersortoptencommonshareholderswithun-restrictsharesheldhaveabuy-backagreementdealinginreportingperiod.
□Yes√NoThetoptencommonshareholdersortoptencommonshareholderswithun-restrictsharesheldoftheCompanyhavenobuy–backagreementdealinginreportingperiod.
2.Totalnumberofpreferredshareholdersandshareholdingoftop10preferredshareholdersbytheendofthereportperiod
□Applicable√Notapplicable
III.SignificantEventsI.Particularaboutlarge-marginchangeofmainaccountingstatementitemandfinancialindexanditsreason.
√Applicable□NotapplicableIn2021,thedomesticmacro-economyhasgraduallyrecovered,andthetotalsocialelectricitydemandhasincreased.Inthefirstquarterof2021,theelectricityconsumptionofthewholesocietyinGuangdongProvinceincreasedby32.08%YOY.TheCompanyhascompletedthetotalpowergenerationof21.012billionkWhuponconsolidatedstatement,anincreaseof73.08%YOY;thecumulativeon-gridelectricityconsumptioninconsolidatedstatementis19.938billionkWh,anincreaseof73.12%YOY.However,duetofactorssuchasthereductionofbenchmarkon-gridelectricitypricefornaturalgaspowerplantsfromAugust2020andtheincreaseinmarkettransactionelectricity,averagepricestatedintheconsolidatedstatementsis437.03Yuan/thousandskilowatt-hours(taxincluded,thesamebelow),YOYdropof12.95Yuan/thousandskilowatt-hours;thetotaloperatingincomewasRMB7,855.9449million,anincreaseof67.01%.andthesharpincreaseinthermalcoalpricesYOY,theCompany'spowergenerationfuelcostinthefirstquarterof2021was5,809.8175millionyuan,increasedby3,035.8766millionyuanfromthesameperiodlastyear,anincreaseof109.44%YOY,andtheCompany'sgrossprofitmargindecreasedby6.14%YOY.Combiningtheabovefactors,theCompany'snetcashflowfromoperatingactivitiesinthefirstquarterof2021decreasedby
40.14%YOY,andthenetprofitattributabletoshareholdersofthelistedcompanywas-49.4034millionyuan,decreasedby56.7765millionyuanfromthelastyear.Inthefirstquarterof2021,theCompany'snon-recurringprofitsandlossesamountedtoRMB4,221,500yuan,adecreaseof45.49%YOY,whichwasmainlyduetothedecreaseintheamountofgovernmentsubsidiesreceivedbyitssubordinateunits.Therefore,withthelownetprofitbaseafterdeductednon-recurringgainsandlossesinthesameperiodlastyear,theCompanyrealizedthenetprofitattributabletoshareholdersofthelistedcompanyof-53,625,000yuaninthefirstquarterof2021afterdeductingnon-recurringgainsandlosses,asignificantYOYchange.II.Theprogressofsignificanteventsandinfluence,aswellastheanalysisandexplanationonresolvingproposal.
√Applicable□Notapplicable
1.January28,2021,The19thmeetingoftheNinthboardofdirectorsofGuangdongElectricPowerDevelopmentCo.,Ltd.（“TheCompany”）examinedandadoptedtheProposalon2021DailyRelatedTransactionsbetweentheCompanyandGuangdongEnergyGroupCo.,Ltd,.theProposalonSigningtheSupplementaryAgreementtotheFinancialServicesAgreementwithGuangdongCommunicationsGroupFinanceCo.,Ltd.,theProposalonSigningtheFrameworkAgreementonFinancingLeasingCooperationbetweentheCompanyandGuangdongEnergyFinancingLeasingCo.,Ltd.andtheProposalofSignsoftheInsuranceCooperationFrameworkAgreementwithGuangdongEnergyPropertyInsuranceCaptiveCo.,Ltd.,Theabove-mentionedrelatedtransactionwasapprovedtoimplementbytheCompany'sfirstprovisionalgeneralmeetingofshareholdersof2021heldonFebruary25,2021.
2.Inordertocontinuetosupplementworkingcapital,expandfinancingchannels,andreducefinancingcosts,
afterdeliberatedinthenineteenthmeetingoftheCompany'sninthboardofdirectorsheldonJanuary28,2021,it’sagreedthattheCompanycontinuestoapplyformid-termnoteregistrationandissuancewiththeAssociationofInterbankMarketDealers,withtheamountoflimitof4billionyuan,andtheCompany’smanagementteamisauthorizedtohandletheconcretework.ThismatterwasapprovedtoimplementbytheCompany'sfirstprovisionalgeneralmeetingofshareholdersof2021heldonFebruary25,2021.
3.Inordertofurtheracceleratethedevelopmentofmajorenergyprojectsandacceleratetheoptimizationandupgradingoftheenergystructure,afterdeliberationinthenineteenthmeetingoftheCompany'sninthboardofdirectorsheldonJanuary28,2021,it’sagreedtheCompanyestablishesaprojectcompanybysoleproprietorshipfortheJieyangDa’nanhaiPetrochemicalIntegratedEnergyProject,withtheregisteredplaceoftheprojectcompanyisJieyangDa’nanhaiPetrochemicalIndustrialZoneandthefirstphaseofregisteredcapitalis15millionyuan.It’sagreedthattheprojectcompanywillcarryouttheupfrontworkfortheJieyangDa’nanhaiPetrochemicalIntegratedEnergyProject(2~3400MW/9For600MWgas-firedcogenerationunits,whichwillbedeterminedaccordingtothefactorsincludingtheheatloadandheatingcharacteristicsoftheproject),withtheworkexpensesshallbecontrolledatnomorethan12.5millionyuan.TheCompanyiscurrentlycarryingouttheupfrontworkoftheprojectinaccordancewiththerelevantrequirementsoftheprojectapproval.
4.OnFebruary23,2021,theCompanyandthethirddivisionoftheXinjiangProductionandConstructionCorpsTumshukinDongguancitysignedthe“Cooperationframeworkagreementoninvestmentof1.5millionkilowattsofphotovoltaicpowergenerationproject"and"CooperationFrameworkAgreementonInvestmentin500,000-kilowattWindPowerProject".TheCompanyiscurrentlyactivelypromotingtheinvestmentanddevelopmentof1.5millionkilowattsofphotovoltaicprojectand500,000kilowattsofwindpowerprojectofTumshukCityofthethirddivisionofXinjiangCorps.
| Announcement | Dateofdisclosure | Websitefordisclosure |
| EstimatesannouncementoftheDailyRelatedPartyTransactionsof2021 | January29,2021 | http//www.cninfo.com.cn. |
| AnnouncementofRelatedTransactionsonSigningoftheFinancialServicesFrameworkAgreement,FrameworkAgreementonFinancingLeasingCooperationandFrameworkAgreementonCooperationinInsuranceandRiskManagementServices | January29,2021 | http//www.cninfo.com.cn. |
| AnnouncementofResolutionsofthe19th(Provisional)MeetingoftheNinthBoardofDirectors | January29,2021 | http//www.cninfo.com.cn. |
| AnnouncementofResolutionsoftheFirstprovisionalshareholders'generalmeetingof2021 | February26,2021 | http//www.cninfo.com.cn. |
| Announcementonthesigningofthe"CooperationFrameworkAgreement"withthethirddivisionoftheXinjiangProductionandConstructionCorpsTumushukCity) | February24,2021 | http//www.cninfo.com.cn. |
Progressintheimplementationofsharerepurchase
□Applicable√NotapplicableProgressintheimplementationofthereductionoftherepurchasedsharesbymeansofcentralizedbidding
□Applicable√NotapplicableIII.CommitmentsfinishedinimplementationbytheCompany,shareholders,actualcontroller,acquirer,directors,supervisors,seniorexecutivesorotherrelatedpartiesinthereportingperiodandcommitmentsunfinishedinimplementationattheendofthereportingperiod
□Applicable√NotapplicableNosuchcasesinthereportingperiod.
IV.Financialassetinvestment
1.Investmentinsecurities
√Applicable□Notapplicable
InRMB
| Securitycategory | Securitycode | StockAbbreviation: | Initialinvestmentcost | Modeofaccountingmeasurement | Bookvaluebalanceatthebeginningofthereportingperiod | Changesinfairvalueofthethisperiod | Cumulativefairvaluechangesinequity | Purchaseamountinthethisperiod | Saleamountinthethisperiod | Gain/lossofthereportingperiod | Bookvaluebalanceattheendofthereportingperiod | Accountingitems | Sourceoftheshares |
| Domesticandforeignstocks | 000027 | ShenzhenEnergy | 15,890,628 | FVM | 92,080,800 | 64,638,000 | 140,828,172 | 0 | 0 | 0 | 156,718,800 | OtherequityinstrumentInvestment | Own-funds |
| Domesticandforeignstocks | 600642 | Shenergy | 235,837,988 | FVM | 289,878,345 | 54,421,605 | 108,461,962 | 0 | 0 | 0 | 344,299,950 | OtherequityinstrumentInvestment | Own-funds |
| Domesticandforeignstocks | 831039 | NEEQ | 3,600,000 | FVM | 11,628,000 | -540,000 | 7,488,000 | 0 | 0 | 0 | 11,088,000 | OtherequityinstrumentInvestment | Own-funds |
| Total | 255,328,616 | -- | 393,587,145 | 118,519,605 | 256,778,134 | 0 | 0 | 0 | 512,106,750 | -- | -- | ||
| DisclosuredateforthenoticeofapprovalbytheBoard(Ifany) | October31,2019 | ||||||||||||
| Disclosuredateforthenoticeofapprovalbyshareholders’Meeting(Ifany) | |||||||||||||
2.Investmentinderivatives
□Applicable√NotapplicableThereisnoderivativeinvestmentduringthereportperiod.V.Progressofinvestmentprojectswithraisedfunds
□Applicable√NotapplicableVI.PredictionoftheperformancesfromJanuarytoJune2021Estimationonaccumulativenetprofitfromthebeginningoftheyeartotheendofnextreportperiodtobelossprobablyorthewarningofitsmaterialchangecomparedwiththecorrespondingperiodofthelastyearandexplanationonreason
□Applicable√NotapplicableVII.Majorcontractsfordailyoperations
□Applicable√NotapplicableVIII.EntrustedFinancialManagement
□Applicable√NotapplicableThereisnoEntrustedFinancialManagementduringthereportperiod.IX.Externalguaranteegetoutofline
□Applicable√NotapplicableTheCompanyhasnoexternalguaranteegetoutofthelineinthePeriodX.Controllingshareholderanditsrelatedpartiesoccupyingnon-businesscapitalofthelistedcompany
□Applicable√NotapplicableTherearenocontrollingshareholderanditsrelatedpartiesoccupyingnon-businesscapitalofthelistedcompanyinPeriodXI.Theregistrationformofacceptanceofinvestigation,communicationandinterviewinthereportperiodforfuturereference
√Applicable□Notapplicable
| Receptiontime | Placeofreception | Wayofreception | Typesofvisitorsreceived | Visitorsreceived | Maincontentsdiscussedandinformationprovided | IndexofBasicInformationontheInvestigationandSurvey |
| March4,2021 | Guangzhou | Onsiteinvestigation | Organization | HaitongSecurities,SouthernMedia | UponunderstandingtheCompany’soperations,financialsituation,strategic | DetailscanbefoundintheRecordChartoftheInvestorRelationActivitydisclosedonJuchao |
| Capital | planning,etc. | website(www.cninfo.com.cn)on8March2021. |
IV.FinancialStatementI.Financialstatement
1.ConsolidatedbalancesheetPreparedby:GuangdongElectricPowerDevelopmentCo.,Ltd.
March31,2021
InRMB
| Items | March31,2021 | December31,2020 |
| Currentasset： | ||
| Monetaryfund | 5,636,160,582 | 5,790,946,117 |
| Settlementprovision | ||
| Outgoingcallloan | ||
| Transactionalfinancialassets | ||
| Derivativefinancialassets | ||
| Notesreceivable | ||
| Accountreceivable | 4,617,487,103 | 4,332,149,033 |
| Financingreceivable | ||
| Prepayments | 842,661,240 | 766,871,830 |
| Insurancereceivable | ||
| Reinsurancereceivable | ||
| ProvisionsofReinsurancecontractsreceivable | ||
| Otheraccountreceivable | 513,001,723 | 459,266,554 |
| Including：Interestreceivable | 28,245,475 | 27,301,568 |
| Dividendreceivable | 31,500,000 | |
| Repurchasingoffinancialassets | ||
| Inventories | 1,932,980,320 | 1,589,882,029 |
| Contractassets | 7,829,030 | 3,870,497 |
| Assetsheldforsales | ||
| Non-currentassetduewithin1year | 49,785,734 | |
| Othercurrentasset | 839,180,162 | 546,685,636 |
| Totalofcurrentassets | 14,389,300,160 | 13,539,457,430 |
| Non-currentassets： | ||
| Loansandpaymentonother’sbehalfdisbursed |
| Creditor'sInvestment | ||
| OtherCreditor'sInvestment | ||
| Long-termreceivable | ||
| Longtermshareequityinvestment | 7,180,440,912 | 6,687,257,614 |
| Otherequityinstrumentsinvestment | 3,596,106,750 | 3,548,088,015 |
| Othernon-currentfinancialassets | ||
| Propertyinvestment | 49,094,965 | 49,732,668 |
| Fixedassets | 44,832,656,428 | 47,195,233,079 |
| Constructioninprogress | 7,768,416,675 | 9,153,637,100 |
| Productionphysicalassets | ||
| Oil&gasassets | ||
| Userightassets | 4,429,686,056 | |
| Intangibleassets | 2,160,869,252 | 2,141,625,383 |
| Developmentexpenses | ||
| Goodwill | 27,209,147 | 2,449,886 |
| Long-germexpensestobeamortized | 25,088,766 | 26,409,305 |
| Deferredincometaxasset | 464,899,697 | 446,587,650 |
| Othernon-currentasset | 3,869,956,261 | 3,180,340,038 |
| Totalofnon-currentassets | 74,404,424,909 | 72,431,360,738 |
| Totalofassets | 88,793,725,069 | 85,970,818,168 |
| Currentliabilities | ||
| Short-termloans | 8,173,386,610 | 7,622,427,916 |
| LoanfromCentralBank | ||
| Borrowingfunds | ||
| Transactionalfinancialliabilities | ||
| Derivativefinancialliabilities | ||
| Notespayable | 1,086,300,000 | 1,092,292,546 |
| Accountpayable | 2,899,903,654 | 2,666,180,513 |
| Advancereceipts | 86,646 | |
| Contractliabilities | 3,247,167 | 6,573,912 |
| Sellingofrepurchasedfinancialassets | ||
| Deposittakingandinterbankdeposit | ||
| Entrustedtradingofsecurities | ||
| Entrustedsellingofsecurities |
| Employees’wagepayable | 332,242,430 | 304,548,373 |
| Taxpayable | 285,038,486 | 498,801,080 |
| Otheraccountpayable | 6,468,263,714 | 6,775,700,584 |
| Including：Interestpayable | ||
| Dividendpayable | 9,771,322 | 9,771,322 |
| Feesandcommissionspayable | ||
| Reinsurancefeepayable | ||
| Liabilitiesheldforsales | ||
| Non-currentliabilityduewithin1year | 3,111,669,068 | 3,180,551,951 |
| Othercurrentliability | 2,427,857,914 | 3,217,523,576 |
| Totalofcurrentliability | 24,787,995,689 | 25,364,600,451 |
| Non-currentliabilities： | ||
| Reservefundforinsurancecontracts | ||
| Long-termloan | 20,638,272,318 | 18,998,555,568 |
| Bondpayable | 2,540,071,838 | 1,499,542,911 |
| Including：preferredstock | ||
| Sustainabledebt | ||
| Leaseliability | 3,648,367,908 | |
| Long-termpayable | 24,960,000 | 3,171,971,127 |
| Long-termremunerationpayabletostaff | 213,104,569 | 218,543,743 |
| Expectedliabilities | ||
| Deferredincome | 134,064,649 | 134,647,590 |
| Deferredincometaxliability | 716,930,338 | 638,571,910 |
| Othernon-currentliabilities | 200,970,029 | 200,970,029 |
| Totalnon-currentliabilities | 28,116,741,649 | 24,862,802,878 |
| Totalofliability | 52,904,737,338 | 50,227,403,329 |
| Owners’equity | ||
| Sharecapital | 5,250,283,986 | 5,250,283,986 |
| Otherequityinstruments | ||
| Including：preferredstock | ||
| Sustainabledebt | ||
| Capitalreserves | 4,902,263,914 | 4,902,263,914 |
| Less：Sharesinstock |
| Othercomprehensiveincome | 2,035,195,298 | 1,946,305,595 |
| Specialreserve | ||
| Surplusreserves | 8,515,360,638 | 8,515,360,638 |
| Commonriskprovision | ||
| Retainedprofit | 6,706,377,861 | 6,755,781,289 |
| Totalofowner’sequitybelongtotheparentcompany | 27,409,481,697 | 27,369,995,422 |
| Minorityshareholders’equity | 8,479,506,034 | 8,373,419,417 |
| Totalofowners’equity | 35,888,987,731 | 35,743,414,839 |
| Totalofliabilitiesandowners’equity | 88,793,725,069 | 85,970,818,168 |
LegalRepresentative:WangJinPersoninchargeofaccounting：LiuWeiAccountingDeptLeader:MengFei
2.ParentCompanyBalanceSheet
InRMB
| Items | March31,2021 | December31,2020 |
| Currentasset： | ||
| Monetaryfund | 210,959,409 | 338,045,631 |
| Transactionalfinancialassets | ||
| Derivativefinancialassets | ||
| Notesreceivable | ||
| Accountreceivable | 144,870,098 | 173,029,247 |
| Financingreceivable | ||
| Prepayments | 26,916,380 | 26,680,500 |
| Otheraccountreceivable | 303,765,341 | 328,224,857 |
| Including：Interestreceivable | 2,504,478 | 1,038,206 |
| Dividendreceivable | 31,500,000 | |
| Inventories | 160,521,488 | 118,530,205 |
| Contractassets | ||
| Assetsheldforsales | ||
| Non-currentassetduewithin1year | ||
| Othercurrentasset | 999,726 | 1,209,217 |
| Totalofcurrentassets | 848,032,442 | 985,719,657 |
| Non-currentassets： | ||
| Creditor'srightinvestment |
| OtherCreditor'srightinvestment | ||
| Long-termreceivable | 467,000,000 | 467,000,000 |
| Longtermshareequityinvestment | 29,203,893,776 | 28,453,042,855 |
| Otherequityinstrumentsinvestment | 3,676,607,620 | 3,548,088,015 |
| Othernon-currentfinancialassets | ||
| Propertyinvestment | 6,230,946 | 6,389,845 |
| Fixedassets | 533,083,728 | 559,635,880 |
| Constructioninprogress | 200,574 | 200,574 |
| Productionphysicalassets | ||
| Oil&gasassets | ||
| Userightassets | ||
| Intangibleassets | 80,862,081 | 81,954,649 |
| Developmentexpenses | ||
| Goodwill | ||
| Long-germexpensestobeamortized | ||
| Deferredincometaxasset | ||
| Othernon-currentasset | 208,353,879 | 208,353,879 |
| Totalofnon-currentassets | 34,176,232,604 | 33,324,665,697 |
| Totalofassets | 35,024,265,046 | 34,310,385,354 |
| Currentliabilities | ||
| Short-termloans | 2,110,990,000 | 1,902,013,125 |
| Transactionalfinancialliabilities | ||
| Derivativefinancialliabilities | ||
| Notespayable | ||
| Accountpayable | 172,851,597 | 136,723,162 |
| Advancereceipts | ||
| ContractLiabilities | 3,245,840 | 6,343,773 |
| Employees’wagepayable | 90,869,289 | 93,479,997 |
| Taxpayable | 17,118,120 | 28,112,055 |
| Otheraccountpayable | 42,356,000 | 40,872,386 |
| Including：Interestpayable | ||
| Dividendpayable | 9,771,322 | 9,771,322 |
| Liabilitiesheldforsales | ||
| Non-currentliabilityduewithin1year | 819,900,456 | 836,189,634 |
| Othercurrentliability | 2,418,984,086 | 3,217,281,173 |
| Totalofcurrentliability | 5,676,315,388 | 6,261,015,305 |
| Non-currentliabilities： | ||
| Long-termloan | ||
| Bondpayable | 2,540,071,838 | 1,499,542,911 |
| Including：preferredstock | ||
| Sustainabledebt | ||
| Leaseliability | ||
| Long-termpayable | ||
| Long-termremunerationpayabletostaff | 54,967,442 | 56,805,513 |
| Expectedliabilities | ||
| Deferredincome | 29,988,606 | 29,988,606 |
| Deferredincometaxliability | 651,137,847 | 621,507,946 |
| Othernon-currentliabilities | ||
| Totalnon-currentliabilities | 3,276,165,733 | 2,207,844,976 |
| Totalofliability | 8,952,481,121 | 8,468,860,281 |
| Owners’equity | ||
| Sharecapital | 5,250,283,986 | 5,250,283,986 |
| Otherequityinstruments | ||
| Including：preferredstock | ||
| Sustainabledebt | ||
| Capitalreserves | 5,405,326,643 | 5,405,326,643 |
| Less：Sharesinstock | ||
| Othercomprehensiveincome | 2,035,195,299 | 1,946,305,595 |
| Specialreserve | ||
| Surplusreserves | 8,515,360,638 | 8,515,360,638 |
| Retainedprofit | 4,865,617,359 | 4,724,248,211 |
| Totalofowners’equity | 26,071,783,925 | 25,841,525,073 |
| Totalofliabilitiesandowners’equity | 35,024,265,046 | 34,310,385,354 |
3.ConsolidatedIncomestatement
InRMB
| Items | Amountinthisperiod | Amountinlastperiod |
| I.Incomefromthekeybusiness | 7,855,944,946 | 4,703,863,816 |
| Including：Businessincome | 7,855,944,946 | 4,703,863,816 |
| Interestincome | ||
| Insurancefeeearned | ||
| Feeandcommissionreceived | ||
| II.Totalbusinesscost | 8,044,027,257 | 4,690,246,724 |
| Including：Businesscost | 7,538,027,573 | 4,232,870,861 |
| Interestexpense | ||
| Feeandcommissionpaid | ||
| Insurancedischargepayment | ||
| Netclaimamountpaid | ||
| Netamountofwithdrawalofinsurancecontractreserve | ||
| Insurancepolicydividendpaid | ||
| Reinsuranceexpenses | ||
| Businesstaxandsurcharge | 43,944,273 | 37,570,428 |
| Salesexpense | 13,734,913 | 10,259,734 |
| Administrativeexpense | 160,609,505 | 133,741,951 |
| R&Dcosts | 6,861,162 | 490,566 |
| Financialexpenses | 280,849,831 | 275,313,184 |
| Including：Interestexpense | 300,840,085 | 291,475,183 |
| Interestincome | 21,105,693 | 17,673,491 |
| Add：Otherincome | 5,094,867 | 8,534,600 |
| Investmentgain（“-”forloss） | 162,721,608 | 63,673,155 |
| Including:investmentgainsfromaffiliates | 162,181,608 | 63,673,155 |
| Terminationofrecognitionofgainsonfinancialassetsatamortizedcost | ||
| Gainsfromcurrencyexchange | ||
| Netexposurehedgingincome | ||
| Changingincomeoffairvalue | ||
| Lossofcreditimpairment | 119,432 | 20,911 |
| Impairmentlossesonassets | ||
| Incomeondisposalofassets | 6,527,174 | -137 |
| III.Operationalprofit（“-”forloss） | -13,619,230 | 85,845,621 |
| Add：Non-operationalincome | 1,887,701 | 4,627,807 |
| Less:Non-operatingexpense | 9,253,794 | 249,929 |
| IV.Totalprofit(“-”forloss) | -20,985,323 | 90,223,499 |
| Less：Incometaxexpenses | 37,537,342 | 44,747,697 |
| V.Netprofit | -58,522,665 | 45,475,802 |
| (I)Classificationbybusinesscontinuity | ||
| 1.Netcontinuingoperatingprofit | -58,522,665 | 45,475,802 |
| 2.Terminationofoperatingnetprofit | ||
| (II)Classificationbyownership | ||
| 1.Netprofitattributabletotheownersofparentcompany | -49,403,428 | 7,373,105 |
| 2.Minorityshareholders’equity | -9,119,237 | 38,102,697 |
| VI.Netafter-taxofothercomprehensiveincome | 88,889,704 | -29,742,070 |
| Netofprofitofothercomprehensiveincomeattributabletoownersoftheparentcompany. | 88,889,704 | -29,742,070 |
| （I）Othercomprehensiveincomeitemsthatwillnotbereclassifiedintogains/lossesinthesubsequentaccountingperiod | 88,889,704 | -29,742,070 |
| 1.Re-measurementofdefinedbenefitplansofchangesinnetdebtornetassets | ||
| 2.Othercomprehensiveincomeundertheequitymethodinvesteecannotbereclassifiedintoprofitorloss. | ||
| 3.Changesinthefairvalueofinvestmentsinotherequityinstruments | 88,889,704 | -29,742,070 |
| 4.Changesinthefairvalueofthecompany’screditrisks | ||
| 5.Other | ||
| （II）Othercomprehensiveincomethatwillbereclassifiedintoprofitorloss. | ||
| 1.Othercomprehensiveincomeunderthe |
| equitymethodinvesteecanbereclassifiedintoprofitorloss. | ||
| 2.Changesinthefairvalueofinvestmentsinotherdebtobligations | ||
| 3.Othercomprehensiveincomearisingfromthereclassificationoffinancialassets | ||
| 4.Allowanceforcreditimpairmentsininvestmentsinotherdebtobligations | ||
| 5.Reserveforcashflowhedges | ||
| 6.Translationdifferencesincurrencyfinancialstatements | ||
| 7.Other | ||
| NetofprofitofothercomprehensiveincomeattributabletoMinorityshareholders’equity | ||
| VII.Totalcomprehensiveincome | 30,367,039 | 15,733,732 |
| Totalcomprehensiveincomeattributabletotheowneroftheparentcompany | 27,453,577 | -22,368,965 |
| Totalcomprehensiveincomeattributableminorityshareholders | 2,913,462 | 38,102,697 |
| VIII.Earningspershare | ||
| （I）Basicearningspershare | -0.0094 | 0.0014 |
| (II)Dilutedearningspershare | -0.0094 | 0.0014 |
Thecurrentbusinesscombinationundercommoncontrol,thenetprofitsofthecombinedpartybeforeachievednetprofitofRMB0.00,lastperiodthecombinedpartyrealizedRMB0.00.LegalRepresentative:WangJinPersoninchargeofaccounting：LiuWeiAccountingDeptLeader:MengFei
4.IncomestatementoftheParentCompany
InRMB
| Items | Amountinthisperiod | Amountinlastperiod |
| I.Revenue | 328,483,248 | 208,902,754 |
| Including：Businesscost | 360,360,665 | 235,016,646 |
| Businesstaxandsurcharge | 1,718,499 | 1,352,528 |
| Salesexpense | 513,951 | 537,974 |
| Administrativeexpense | 20,743,785 | 16,929,915 |
| R&Dcosts | ||
| Financialexpenses | 57,375,851 | 55,643,798 |
| Including：Interestexpenses | 57,836,879 | 56,202,961 |
| Interestincome | 931,606 | 1,338,054 |
| Add:Otherincome | 61,144 | |
| Investmentgain（“-”forloss） | 253,529,718 | 66,125,625 |
| Including:investmentgainsfromaffiliates | 158,992,821 | 61,448,940 |
| Terminationofrecognitionofgainsonfinancialassetsatamortizedcost | ||
| Netexposurehedgingincome | ||
| Changingincomeoffairvalue | ||
| Creditimpairmentloss | 20,911 | |
| Impairmentlossesonassets | ||
| Incomeondisposalofassets | ||
| II.Operationalprofit（“-”forloss） | 141,361,359 | -34,431,571 |
| Add：Non-operationalincome | 7,789 | 895,086 |
| Less：Non-operationalexpenses | 57,879 | |
| III.Totalprofit(“-”forloss) | 141,369,148 | -33,594,364 |
| Less：Incometaxexpenses | ||
| IV.Netprofit | 141,369,148 | -33,594,364 |
| 1.Netcontinuingoperatingprofit | 141,369,148 | -33,594,364 |
| 2.Terminationofoperatingnetprofit | ||
| V.Netafter-taxofothercomprehensiveincome | 88,889,704 | -29,742,070 |
| （I）Othercomprehensiveincomeitemsthatwillnotbereclassifiedintogains/lossesinthesubsequentaccountingperiod | 88,889,704 | -29,742,070 |
| 1.Re-measurementofdefinedbenefitplansofchangesinnetdebtornetassets | ||
| 2.Othercomprehensiveincomeundertheequitymethodinvesteecannotbereclassifiedintoprofitorloss. | ||
| 3.Changesinthefairvalueofinvestmentsinotherequityinstruments | 88,889,704 | -29,742,070 |
| 4.Changesinthefairvalueofthecompany’screditrisks | ||
| 5.Other | ||
| （II）Othercomprehensiveincomethatwillbereclassifiedintoprofitorloss. | ||
| 1.Othercomprehensiveincomeundertheequitymethodinvesteecanbereclassifiedintoprofitorloss. | ||
| 2.Changesinthefairvalueofinvestmentsinotherdebtobligations | ||
| 3.Othercomprehensiveincomearisingfromthereclassificationoffinancialassets | ||
| 4.Allowanceforcreditimpairmentsininvestmentsinotherdebtobligations | ||
| 5.Reserveforcashflowhedges | ||
| 6.Translationdifferencesincurrencyfinancialstatements | ||
| 7.Other | ||
| VI.Totalcomprehensiveincome | 230,258,852 | -63,336,434 |
| VII.Earningspershare | ||
| （I）Basicearningspershare | ||
| (II)Dilutedearningspershare |
5.ConsolidatedCashflowstatement
InRMB
| Items | Amountinthisperiod | Amountinlastperiod |
| I.Cashflowsfromoperatingactivities | ||
| Cashreceivedfromsalesofgoodsorrendingofservices | 8,555,476,632 | 5,951,197,187 |
| Netincreaseofcustomerdepositsandcapitalkeptforbrothercompany | ||
| Netincreaseofloansfromcentralbank | ||
| Netincreaseofinter-bankloansfromotherfinancialbodies |
| Cashreceivedagainstoriginalinsurancecontract | ||
| Netcashreceivedfromreinsurancebusiness | ||
| Netincreaseofclientdepositandinvestment | ||
| Cashreceivedfrominterest,commissionchargeandcommission | ||
| Netincreaseofinter-bankfundreceived | ||
| Netincreaseofrepurchasingbusiness | ||
| Netcashreceivedbyagentinsecuritiestrading | ||
| Taxreturned | ||
| Othercashreceivedfrombusinessoperation | 61,498,340 | 66,524,155 |
| Sub-totalofcashinflow | 8,616,974,972 | 6,017,721,342 |
| Cashpaidforpurchasingofmerchandiseandservices | 6,847,720,393 | 3,839,441,128 |
| Netincreaseofclienttradeandadvance | ||
| Netincreaseofsavingsincentralbankandbrothercompany | ||
| Cashpaidfororiginalcontractclaim | ||
| NetincreaseforOutgoingcallloan | ||
| Cashpaidforinterest,processingfeeandcommission | ||
| Cashpaidforpolicydividend | ||
| Cashpaidtostaffsorpaidforstaffs | 437,268,258 | 356,577,920 |
| Taxespaid | 472,566,452 | 472,161,097 |
| Othercashpaidforbusinessactivities | 158,661,182 | 178,966,853 |
| Sub-totalofcashoutflowfrombusinessactivities | 7,916,216,285 | 4,847,146,998 |
| Netcashgeneratedfrom/usedinoperatingactivities | 700,758,687 | 1,170,574,344 |
| II.Cashflowgeneratedbyinvesting | ||
| Cashreceivedfrominvestmentretrieving | ||
| Cashreceivedasinvestmentgains | 32,040,000 |
| Netcashretrievedfromdisposaloffixedassets,intangibleassets,andotherlong-termassets | 1,152,886 | 112,300,704 |
| Netcashreceivedfromdisposalofsubsidiariesorotheroperationalunits | ||
| Otherinvestment-relatedcashreceived | 23,378,830 | |
| Sub-totalofcashinflowduetoinvestmentactivities | 56,571,716 | 112,300,704 |
| Cashpaidforconstructionoffixedassets,intangibleassetsandotherlong-termassets | 1,900,947,661 | 1,084,293,124 |
| Cashpaidasinvestment | 260,325,125 | |
| Netincreaseofloanagainstpledge | ||
| Netcashreceivedfromsubsidiariesandotheroperationalunits | 103,159,958 | |
| Othercashpaidforinvestmentactivities | ||
| Sub-totalofcashoutflowduetoinvestmentactivities | 2,264,432,744 | 1,084,293,124 |
| Netcashflowgeneratedbyinvestment | -2,207,861,028 | -971,992,420 |
| III.Cashflowgeneratedbyfinancing | ||
| Cashreceivedasinvestment | ||
| Including:Cashreceivedasinvestmentfromminorshareholders | ||
| Cashreceivedasloans | 6,945,730,746 | 4,318,742,335 |
| Otherfinancing–relatedcashreceived | 20,000,000 | |
| Sub-totalofcashinflowfromfinancingactivities | 6,945,730,746 | 4,338,742,335 |
| Cashtorepaydebts | 5,182,520,381 | 3,928,566,618 |
| Cashpaidasdividend,profit,orinterests | 369,311,727 | 351,311,235 |
| Including:Dividendandprofitpaidbysubsidiariestominorshareholders | 106,235,578 | |
| Othercashpaidforfinancingactivities | 41,581,876 | 1,354,531 |
| Sub-totalofcashoutflowduetofinancingactivities | 5,593,413,984 | 4,281,232,384 |
| Netcashflowgeneratedbyfinancing | 1,352,316,762 | 57,509,951 |
| IV.Influenceofexchangeratealternationoncashandcashequivalents | 46 | 232 |
| V.Netincreaseofcashandcashequivalents | -154,785,533 | 256,092,107 |
| Add:balanceofcashandcashequivalentsatthebeginningofterm | 5,763,619,874 | 5,079,641,969 |
| VI..Balanceofcashandcashequivalentsattheendofterm | 5,608,834,341 | 5,335,734,076 |
6.CashFlowStatementoftheParentCompany
InRMB
| Items | Amountinthisperiod | Amountinlastperiod |
| I.Cashflowsfromoperatingactivities | ||
| Cashreceivedfromsalesofgoodsorrendingofservices | 384,027,419 | 324,942,952 |
| Taxreturned | ||
| Othercashreceivedfrombusinessoperation | 10,193,013 | 17,887,749 |
| Sub-totalofcashinflow | 394,220,432 | 342,830,701 |
| Cashpaidforpurchasingofmerchandiseandservices | 315,730,485 | 271,756,794 |
| Cashpaidtostaffsorpaidforstaffs | 75,176,589 | 64,253,609 |
| Taxespaid | 18,488,590 | 24,790,894 |
| Othercashpaidforbusinessactivities | 8,933,799 | 13,024,976 |
| Sub-totalofcashoutflowfrombusinessactivities | 418,329,463 | 373,826,273 |
| Netcashgeneratedfrom/usedinoperatingactivities | -24,109,031 | -30,995,572 |
| II.Cashflowgeneratedbyinvesting | ||
| Cashreceivedfrominvestmentretrieving | 16,460,000 | |
| Cashreceivedasinvestmentgains | 124,893,268 | 3,042,532 |
| Netcashretrievedfromdisposaloffixedassets,intangibleassets,andotherlong-termassets | 532,467 | |
| Netcashreceivedfromdisposalofsubsidiariesorotheroperationalunits |
| Otherinvestment-relatedcashreceived | ||
| Sub-totalofcashinflowduetoinvestmentactivities | 125,425,735 | 19,502,532 |
| Cashpaidforconstructionoffixedassets,intangibleassetsandotherlong-termassets | 3,388,616 | 5,514,986 |
| Cashpaidasinvestment | 602,014,794 | 241,157,389 |
| Netcashreceivedfromsubsidiariesandotheroperationalunits | ||
| Othercashpaidforinvestmentactivities | ||
| Sub-totalofcashoutflowduetoinvestmentactivities | 605,403,410 | 246,672,375 |
| Netcashflowgeneratedbyinvestment | -479,977,675 | -227,169,843 |
| III.Cashflowgeneratedbyfinancing | ||
| Cashreceivedasinvestment | ||
| Cashreceivedasloans | 2,399,822,000 | 2,299,450,000 |
| Otherfinancing–relatedashreceived | ||
| Sub-totalofcashinflowfromfinancingactivities | 2,399,822,000 | 2,299,450,000 |
| Cashtorepaydebts | 2,000,000,000 | 1,800,000,000 |
| Cashpaidasdividend,profit,orinterests | 22,763,132 | 80,325,978 |
| Othercashpaidforfinancingactivities | 58,430 | 24,515 |
| Sub-totalofcashoutflowduetofinancingactivities | 2,022,821,562 | 1,880,350,493 |
| Netcashflowgeneratedbyfinancing | 377,000,438 | 419,099,507 |
| IV.Influenceofexchangeratealternationoncashandcashequivalents | 46 | 232 |
| V.Netincreaseofcashandcashequivalents | -127,086,222 | 160,934,324 |
| Add:balanceofcashandcashequivalentsatthebeginningofterm | 338,045,631 | 224,504,289 |
| VI..Balanceofcashandcashequivalentsattheendofterm | 210,959,409 | 385,438,613 |
IIAdjustmentstotheFinancialStatements
1.Adjustmentoftherelevantitemsofthefinancialstatementsatthecurrentyearbeginningaccordingtothenewstandardsforfinancialinstruments,thenewstandardsforrevenuesandthenewstandardsforleaseimplementedcommencingfromyear2021
√Applicable□NotapplicableConsolidatedbalancesheetWhethertoadjustthebalancesheetaccountatthebeginningoftheyear
√Yes□No
Consolidatedbalancesheet
InRMB
| Items | December31,2020 | January1,2021 | Adjustments |
| Currentasset： | |||
| Monetaryfund | 5,790,946,117 | 5,790,946,117 | |
| Accountreceivable | 4,332,149,033 | 4,332,149,033 | |
| Prepayments | 766,871,830 | 766,871,830 | |
| Otheraccountreceivable | 459,266,554 | 459,266,554 | |
| Including：Interestreceivable | 27,301,568 | 27,301,568 | |
| Dividendreceivable | 31,500,000 | 31,500,000 | |
| Inventories | 1,589,882,029 | 1,589,882,029 | |
| Contractassets | 3,870,497 | 3,870,497 | |
| Non-currentassetduewithin1year | 49,785,734 | 49,785,734 | |
| Othercurrentasset | 546,685,636 | 546,685,636 | |
| Totalofcurrentassets | 13,539,457,430 | 13,539,457,430 | |
| Non-currentassets： | |||
| Longtermshareequityinvestment | 6,687,257,614 | 6,687,257,614 | |
| Otherequityinstrumentsinvestment | 3,548,088,015 | 3,548,088,015 | |
| Propertyinvestment | 49,732,668 | 49,732,668 | |
| Fixedassets | 47,195,233,079 | 44,554,049,443 | -2,641,183,636 |
| Constructioninprogress | 9,153,637,100 | 8,124,428,283 | -1,029,208,817 |
| Userightassets | 3,696,412,582 | 3,696,412,582 | |
| Intangibleassets | 2,141,625,383 | 2,141,625,383 | |
| Goodwill | 2,449,886 | 2,449,886 | |
| Long-germexpensestobeamortized | 26,409,305 | 26,409,305 | |
| Deferredincometaxasset | 446,587,650 | 446,587,650 | |
| Othernon-currentasset | 3,180,340,038 | 3,180,340,038 | |
| Totalofnon-currentassets | 72,431,360,738 | 72,457,380,867 | 26,020,129 |
| Totalofassets | 85,970,818,168 | 85,996,838,297 | 26,020,129 |
| Currentliabilities | |||
| Short-termloans | 7,622,427,916 | 7,622,427,916 | |
| Notespayable | 1,092,292,546 | 1,092,292,546 | |
| Accountpayable | 2,666,180,513 | 2,666,180,513 | |
| Contractliabilities | 6,573,912 | 6,573,912 | |
| Employees’wagepayable | 304,548,373 | 304,548,373 | |
| Taxpayable | 498,801,080 | 498,801,080 | |
| Otheraccountpayable | 6,775,700,584 | 6,775,700,584 | |
| Dividendpayable | 9,771,322 | 9,771,322 | |
| Non-currentliabilityduewithin1year | 3,180,551,951 | 3,026,063,115 | -154,488,836 |
| Othercurrentliability | 3,217,523,576 | 3,217,523,576 | |
| Totalofcurrentliability | 25,364,600,451 | 25,210,111,615 | -154,488,836 |
| Non-currentliabilities： | |||
| Long-termloan | 18,998,555,568 | 18,998,555,568 | |
| Bondpayable | 1,499,542,911 | 1,499,542,911 | |
| Leaseliability | 3,327,520,092 | 3,327,520,092 | |
| Long-termpayable | 3,171,971,127 | 24,960,000 | -3,147,011,127 |
| Long-termremunerationpayabletostaff | 218,543,743 | 218,543,743 | |
| Deferredincome | 134,647,590 | 134,647,590 | |
| Deferredincometaxliability | 638,571,910 | 638,571,910 | |
| Othernon-currentliabilities | 200,970,029 | 200,970,029 | |
| Totalnon-currentliabilities | 24,862,802,878 | 25,043,311,843 | 180,508,965 |
| Totalofliability | 50,227,403,329 | 50,253,423,458 | 26,020,129 |
| Owners’equity |
| Sharecapital | 5,250,283,986 | 5,250,283,986 | |
| Capitalreserves | 4,902,263,914 | 4,902,263,914 | |
| Othercomprehensiveincome | 1,946,305,595 | 1,946,305,595 | |
| Surplusreserves | 8,515,360,638 | 8,515,360,638 | |
| Retainedprofit | 6,755,781,289 | 6,755,781,289 | |
| Totalofowner’sequitybelongtotheparentcompany | 27,369,995,422 | 27,369,995,422 | |
| Minorityshareholders’equity | 8,373,419,417 | 8,373,419,417 | |
| Totalofowners’equity | 35,743,414,839 | 35,743,414,839 | |
| Totalofliabilitiesandowners’equity | 85,970,818,168 | 85,996,838,297 | 26,020,129 |
Adjustmentstatement
TheMinistryofFinancerevisedandissuedthe“No.21AccountingStandardsforBusinessEnterprises-Leases"in2018.TheCompanyimplementedthenewleasestandardsfromJanuary1,2021,andadjustedtheright-of-useassets,leaseliabilitiesandtheamountofotherrelatedsubjectsinfinancialstatementsfromJanuary1,2021.ParentCompanyBalanceSheet
InRMB
| Items | December31,2020 | January1,2021 | Adjustments |
| Currentasset： | |||
| Monetaryfund | 338,045,631 | 338,045,631 | |
| Accountpayable | 173,029,247 | 173,029,247 | |
| Prepayments | 26,680,500 | 26,680,500 | |
| Otheraccountreceivable | 328,224,857 | 328,224,857 | |
| Including：Interestreceivable | 1,038,206 | 1,038,206 | |
| Dividendreceivable | 31,500,000 | 31,500,000 | |
| Inventories | 118,530,205 | 118,530,205 | |
| Othercurrentassets | 1,209,217 | 1,209,217 | |
| Totalofcurrentassets | 985,719,657 | 985,719,657 | |
| Non-currentassets： | |||
| Long-termpayable | 467,000,000 | 467,000,000 | |
| Longtermshareequityinvestment | 28,453,042,855 | 28,453,042,855 | |
| OtherequityInstrumentinvestment | 3,548,088,015 | 3,548,088,015 | |
| Propertyinvestment | 6,389,845 | 6,389,845 |
| Fixedassets | 559,635,880 | 559,635,880 |
| Constructioninprocess | 200,574 | 200,574 |
| Intangibleassets | 81,954,649 | 81,954,649 |
| Othernon-currentassets | 208,353,879 | 208,353,879 |
| Totalofnon-currentassets | 33,324,665,697 | 33,324,665,697 |
| Totalofassets | 34,310,385,354 | 34,310,385,354 |
| Currentliabilities | ||
| Short-termloans | 1,902,013,125 | 1,902,013,125 |
| Accountpayable | 136,723,162 | 136,723,162 |
| Contractliabilities | 6,343,773 | 6,343,773 |
| Employees’wagepayable | 93,479,997 | 93,479,997 |
| Taxpayable | 28,112,055 | 28,112,055 |
| Otheraccountpayable | 40,872,386 | 40,872,386 |
| Dividendpayable | 9,771,322 | 9,771,322 |
| Non-currentliabilitiesduewithin1year | 836,189,634 | 836,189,634 |
| Othercurrentliabilities | 3,217,281,173 | 3,217,281,173 |
| Totalofliability | 6,261,015,305 | 6,261,015,305 |
| Non-currentliabilities： | ||
| Bondspayable | 1,499,542,911 | 1,499,542,911 |
| Employees’wagepayable | 56,805,513 | 56,805,513 |
| Deferredincome | 29,988,606 | 29,988,606 |
| Deferredincometaxliability | 621,507,946 | 621,507,946 |
| Totalnon-currentliabilities | 2,207,844,976 | 2,207,844,976 |
| Totalofliability | 8,468,860,281 | 8,468,860,281 |
| Owners’equity | ||
| Sharecapital | 5,250,283,986 | 5,250,283,986 |
| Capitalreserves | 5,405,326,643 | 5,405,326,643 |
| Othercomprehensiveincome | 1,946,305,595 | 1,946,305,595 |
| Surplusreserves | 8,515,360,638 | 8,515,360,638 |
| Retainedprofit | 4,724,248,211 | 4,724,248,211 |
| Totalofowners’equity | 25,841,525,073 | 25,841,525,073 |
| Totalofliabilitiesandowners’equity | 34,310,385,354 | 34,310,385,354 |
Adjustmentstatement
2.Notetotheretroactiveadjustmentofthepreviouscomparativedataaccordingtothenewstandardsforfinancialinstrumentsandthenewstandardsforleaseimplementedcommencingfromyear2021
□Applicable√NotapplicableIII.Auditors'ReportIstheFirstQuarterReportbeaudited?
□Yes√NoTheFirstQuarterreportisnotaudited.