THIRD QUARTER REPORT
2016
October 2016
BOE Technology Group Co., Ltd. Third Quarter Report 2016
Section I Important Statements
The Board of Directors, the Supervisory Committee, directors, supervisors and senior management staff of BOE
Technology Group Co., Ltd. (hereinafter referred to as “the Company”) warrant that the contents carried in this
report are without any false record, misleading statement or material omission. And they shall be severally and
jointly liable for the authenticity, accuracy and completeness.
All the directors attended the board meeting for the review of this Report.
Mr. Wang Dongsheng, Board Chairman, Mr. Chen Yanshun, President of the Executive Committee (CEO), Ms.
Sun Yun, accounting head for the Report, and Ms. Yang Xiaoping, head of the accounting organ (head of
accounting), hereby guarantee that the Financial Report carried in the Report is factual, accurate and complete.
This Report has been prepared in both Chinese and English. Should there be any discrepancies or
misunderstandings between the two versions, the Chinese version shall prevail.
BOE Technology Group Co., Ltd. Third Quarter Report 2016
Section II Financial Highlights & Shareholder Changes
I Highlights of accounting data and financial indicators
Whether the Company performs any retroactive adjustments to or restatements of its accounting data of last year due to change in
accounting policies or correction of accounting errors
□ Yes √ No
Item 30 September 2016 31 December 2015 +/- (%)
Total assets (RMB Yuan) 175,175,152,927.00 152,592,894,442.00 14.80%
Net assets attributable to shareholders of the
77,142,699,064.00 77,485,275,564.00 -0.44%
Company (RMB Yuan)
January-September
Item July-September 2016 YoY +/- (%) YoY +/- (%)
Operating revenues (RMB Yuan) 19,393,595,018.00 44.19% 45,841,905,735.00 25.87%
Net profit attributable to shareholders of the
657,140,380.00 1494.35% 140,667,962.00 -92.94%
Company (RMB Yuan)
Net profit attributable to shareholders of the
Company excluding exceptional profit and 509,396,071.00 403.10% -1,800,301,317.00 -227.83%
loss (RMB Yuan)
Net cash flows from operating activities
-- -- 6,548,148,538.00 -16.41%
(RMB Yuan)
Basic earnings per share (RMB Yuan /share) 0.019 1,800.00% 0.004 -92.98%
Diluted earnings per share (RMB Yuan /share) 0.019 1,800.00% 0.004 -92.98%
Weighted average return on equity 0.85% 0.80% 0.18% -2.41%
Unit: RMB Yuan
Item January-September 2016 Note
Gains/losses on the disposal of non-current assets (including the offset part of asset
-2,753,840.00 N/A
impairment provisions)
Tax rebates, reductions or exemptions due to approval beyond authority or the lack
0.00 N/A
of official approval documents
Government grants recognized in the current period, except for those acquired in
the ordinary course of business or granted at certain quotas or amounts according to 1,791,803,165.00 N/A
the country’s unified standards
Capital occupation charges on non-financial enterprises that recorded into current
0.00 N/A
gains and losses
Gains due to that the investment costs for the Company to obtain subsidiaries,
associates and joint ventures are lower than the enjoyable fair value of the 105,228,293.00 N/A
identifiable net assets of the investees when making the investments
BOE Technology Group Co., Ltd. Third Quarter Report 2016
Gain/loss on non-monetary asset swap 0.00 N/A
Gain/loss on entrusting others with investments or asset management 0.00 N/A
Asset impairment provisions due to acts of God such as natural disasters 0.00 N/A
Gain/loss on debt restructuring 0.00 N/A
Expenses for business reorganization, such as expenses for staffing, reorganization
0.00 N/A
etc.
Gain/loss on the part over the fair value due to transactions with distinctly unfair
0.00 N/A
prices
Current gains and losses of subsidies acquired from business combination under the
0.00 N/A
same control as from period-begin to combination date
Gain/loss on contingent events irrelevant to the Company’s normal business 0.00 N/A
Gains and losses on change in fair value from tradable financial assets and tradable
financial liabilities, as well as investment income from disposal of tradable
131,735,488.00 N/A
financial assets and tradable financial liabilities and financial assets available for
sales, except for effective hedging related with normal businesses of the Company
Reversal of impairment provisions for the accounts receivable on which impairment
0.00 N/A
tests were carried out separately
Gain/loss on external entrustment loans 0.00 N/A
Gain/loss on change of the fair value of investing real estate of which the
0.00 N/A
subsequent measurement is carried out adopting the fair value method
Effect on current gains/losses when a one-off adjustment is made to current
gains/losses according to requirements of taxation, accounting and other relevant 0.00 N/A
laws and regulations
Custody fee income when entrusted with operation 0.00 N/A
Non-operating incomes and expenses other than the above 24,651,172.00 N/A
Other gain/loss items that meet the definition of an extraordinary gain/loss 0.00 N/A
Less: Income tax effects 79,626,752.00 N/A
Minority interests effects (after tax) 30,068,247.00 N/A
Total 1,940,969,279.00 --
Explanation of why the Company classified an item as exceptional profit/loss according to the definition in the Explanatory
Announcement No. 1 on Information Disclosure for Companies Offering Their Securities to the Public—Exceptional Profit and Loss,
or reclassified any exceptional profit/loss item given as an example in the said explanatory announcement to recurrent profit/loss
□ Applicable √ Not applicable
No such cases in the Reporting Period.
BOE Technology Group Co., Ltd. Third Quarter Report 2016
II Total number of shareholders and shareholdings of top 10 shareholders at the period-end
1. Total number of ordinary shareholders and preference shareholders who had resumed their voting right
& shareholdings of top 10 shareholders at the period-end
Unit: share
Total number of preference
Total number of ordinary 1,305,144 (Of which there were
shareholders who had resumed
shareholders at the end of the 1,258,749 Share A shareholders
their voting right at the end of
Reporting Period and 46,395 Share B shareholders)
the Reporting Period (if any)
Shareholdings of top 10 shareholders
Nature of Shareholding Number of Number of restricted Pledged or frozen shares
Name of shareholder
shareholder percentage shares held shares held Status Number
Beijing State-owned
State-owned
Capital Management 11.56% 4,063,333,333 4,063,333,333
Corporation
Center
Chongqing Capital
State-owned
Photoelectricity 8.53% 3,000,000,000 3,000,000,000 Pledged 955,000,000
Corporation
Investment Co., Ltd.
Hefei Jianxiang State-owned
8.13% 2,857,142,857 2,857,142,857
Investment Co., Ltd. Corporation
Hua An Fund – ICBC
- Zhongrong
International Trust –
Other 4.45% 1,564,126,904
Zhongrong - RJ No. 1
Assembled Funds
Trust Plan
China Securities
Finance Corporation Other 2.74% 963,281,982
Limited
Beijing BOE
State-owned
Investment & 2.34% 822,092,180
Corporation
Development Co., Ltd.
Beijing
Economic-Technologi State-owned
1.93% 677,423,641
cal Investment & Corporation
Development Corp.
Hefei Raycom Projects State-owned
1.92% 675,026,803
Investment Co., Ltd. Corporation
Beijing BDA
Other 1.60% 564,000,000
Technological
BOE Technology Group Co., Ltd. Third Quarter Report 2016
Investment
Development Co., Ltd.
Beijing Electronics
Nation 0.78% 273,735,583
Holdings Co., Ltd.
Shareholdings of top 10 non-restricted shareholders
Number of non-restricted shares held at Type of shares
Name of shareholder
the period-end Type Number
Hua An Fund - ICBC - Zhongrong International Trust RMB ordinary
1,564,126,904 1,564,126,904
- Zhongrong - RJ No. 1 Assembled Funds Trust Plan shares
RMB ordinary
China Securities Finance Corporation Limited 963,281,982 963,281,982
shares
RMB ordinary
Beijing BOE Investment & Development Co., Ltd. 822,092,180 822,092,180
shares
Beijing Economic-Technological Investment & RMB ordinary
677,423,641 677,423,641
Development Corp. shares
RMB ordinary
Hefei Raycom Projects Investment Co., Ltd. 675,026,803 675,026,803
shares
Beijing BDA Technological Investment Development RMB ordinary
564,000,000 564,000,000
Co., Ltd. shares
RMB ordinary
Beijing Electronics Holdings Co., Ltd. 273,735,583 273,735,583
shares
RMB ordinary
Central Huijin Investment Ltd. 248,305,300 248,305,300
shares
China Life Insurance Co., Ltd. – Traditional - General RMB ordinary
143,320,047 143,320,047
Insurance Products - 005L- CT001S shares
Chongqing Jiangbeizui CBD Investment Group Co., RMB ordinary
107,095,238 107,095,238
Ltd. shares
1. Beijing State-owned Capital Management Center held 100% equities of
Beijing Electronics Holdings Co., Ltd..
2. Beijing Electronics Holdings Co., Ltd. held 66.25% shares of Beijing
BOE Investment & Development Co., Ltd., which was the controlling
shareholder of the latter.
Explanation on associated relationship or persons
3. Beijing Economic-Technological Investment & Development Corp. held
acting in concert among the above-mentioned
49% shares of Beijing BDA Technological Investment Development Co.,
shareholders
Ltd., the above mentioned companies were both controlled by the Beijing
Economic - Technological Development Area Administration Committee
and were the persons acting in concert.
4. When the Company completed private offering of shares in 2014, Hefei
Jianxiang Investment Co., Ltd., Chongqing Ezcapital Opto-electronics
BOE Technology Group Co., Ltd. Third Quarter Report 2016
Industry Investment Co., Ltd. maintained unanimous according to the
declaration of intention from Beijing BOE Investment & Development Co.,
Ltd. when executing the voting rights of the shareholders of the Company
through the agreement of the Voting Rights Exercising Agreement
5. When the Company completed private offering of shares in 2014, Beijing
State-owned Capital Operation and Management Center transferred the 70%
shares directly held to Beijing Electronic Shareholding Co., Ltd. for
managing through Shares Management Protocol, and Beijing Electronic
Shareholding Co., Ltd. acquired the shareholders rights except for the
disposition rights and equity rights attached to the equities; Beijing
State-owned Capital Operation and Management Center maintained its
voting rights of the rest 30% equity directly held by itself in accordance
with Beijing Electronic Shareholding Co., Ltd. through the agreement of the
Voting Rights Exercising Agreement.
6. Chongqing Jiangbeizui CBD Investment Group Co., Ltd. held 12.25%
