Dongxu Optoelectronic Technology Co., Ltd. The Third Quarterly Report 2017
Dongxu Optoelectronic Technology Co., Ltd.
The Third Quarterly Report 2017
October 2017
1
Dongxu Optoelectronic Technology Co., Ltd. The Third Quarterly Report 2017
I. Important Notice
The Board of Directors ,Supervisory Committee, all directors, supervisors and senior executives of the Company
hereby guarantees that there are no misstatement, misleading representation or important omissions in this report
and shall assume joint and several liability for the authenticity, accuracy and completeness of the contents hereof.
All of the directors presented the board meeting at which this Quarterly Report was examined.
Mr. Li Zhaoting, The Company leader, Mr.Huang Jinliang, Chief financial officer and the Mr.Gao Feipeng, the
person in charge of the accounting department (the person in charge of the accounting )declare: the financial
report carried in this report is authentic and completed
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Dongxu Optoelectronic Technology Co., Ltd. The Third Quarterly Report 2017
II. Basic information about the company
I.Main financial data and financial index
Whether it has retroactive adjustment or re-statement on previous accounting data for accounting policy changed
and accounting error correction or not.
□ Yes √ No
As at the end of the Changed （%）over end of
As at the end of last year
reporting period prev. year
Gross assets（RMB） 48,694,131,849.40 46,826,319,570.41 3.99%
Net assets attributable to the
shareholders of the listed company 22,897,698,801.62 22,216,300,365.86 3.07%
（RMB）
Increase/decrease over Between beginning of
Changed （%）over
Reporting period the same period of last the year to the end of
end of prev. year
year（%） the report period
Operating income（RMB） 3,227,360,295.67 133.93% 7,868,645,823.58 84.64%
Net profit attributable to the
shareholders of the listed company 390,258,136.00 52.52% 1,026,113,886.37 27.97%
（RMB）
Net profit after deducting of
non-recurring gain/loss attributable to
378,226,991.24 138.86% 938,217,539.65 51.76%
the shareholders of listed company
（RMB）
Cash flow generated by business
-- -- 332,635,634.84 -79.58%
operation, net（RMB）
Basic earning per share(RMB/Share) 0.080 33.33% 0.210 5.00%
Diluted gains per
0.080 33.33% 0.210 5.00%
share(RMB/Share)(RMB/Share)
Weighted average income/asset ratio
1.72% 0.21% 4.51% -0.72%
（%）
Items and amount of non-current gains and losses
√ Applicable □ Not applicable
In RMB
Amount (Year-beginning to
Items Notes
the end of the report period.)
Non-current asset disposal gain/loss(including the write-off part
-36,971.00
for which assets impairment provision is made)
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Dongxu Optoelectronic Technology Co., Ltd. The Third Quarterly Report 2017
Govemment subsidy recognized in current gain and
loss(excluding those closely related to the Company’s business 76,061,917.45
and granted under the state’s policies)
Gain from entrusted investment or assets management 38,932,047.17
Gain/loss on loans obtained by entrusting others 6,811,112.87
Other non-operating income and expenditure beside for the above
-439,080.66
items
Less: Influenced amount of income tax 18,977,141.62
Amount of influence of minority interests（After tax） 14,455,537.49
Total 87,896,346.72 --
For the Company’s non-recurring gain/loss items as defined in the Explanatory Announcement No.1 on
information disclosure for Companies Offering their Securities to the Public-Non-recurring Gains and Losses and
its non-recurring gain/loss items as illustrated in the Explanatory Announcement No.1 on information Disclosure
for Companies offering their securities to the public-non-recurring Gains and losses which have been defined as
recurring gains and losses, it is necessary to explain the reason.
□ Applicable√ Not applicable
None of Non-recurring gain /loss items recognized as recurring gain /loss/items as defined by the information
disclosure explanatory Announcement No.1- Non –recurring gain/loss in the report period.
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Dongxu Optoelectronic Technology Co., Ltd. The Third Quarterly Report 2017
II.Total Shareholders and Shares Held by Top Ten Shareholders at the End of the Reporting Period
1. About Total Common Shareholders, Total Preference Shareholders with the Voting Power Recovered
and the Shares Held by Top Ten Common Shareholders
In shares
Total preference shareholders with
Total number of common 405,506（Including 388047shareholders holding a
the voting power recovered at the 0
shareholders at the period-end shares and 17459 shareholders holding B shares）
end of the reporting period(if any)
Shares held by the top 10 shareholders
Share Amount of tradable Pledging or freezing
Properties of
Shareholder name proportion Quantity shares with Status of the
shareholder Quantity
% Conditional held shares
Domestic Non
Tunghsu Group Co., Ltd. -State-owned legal 11.32% 558,968,800 439,882,697 Pledge 553,962,697
person
Domestic Non
Shijiazhuang Baoshi Electronic
-State-owned legal 6.73% 332,382,171 0 Pledge 153,520,000
Group Co., Ltd.
person
China Fund Management Co.,
Ltd.－Huaxia Bank－TTCO
Trust Co., Ltd.－TTCO Trust Other 3.51% 173,239,116 0
Co., Ltd.－Shunjing No.5
Single capital trust
Minsheng Royal Fund
Management Co., Ltd.-Ping An
Bank-Ping An Trust-Ping An Other 1.86% 91,642,280
Wealth* Huitai No.163 Single
Fund Trust
Domestic Non
Qianhai Equity Investment
-State-owned legal 1.74% 86,024,545
Fund（LP）
person
Dongxu Optoelectronic
Technology Co., Ltd.－The Other 1.47% 72,639,296 72,639,296
Iphase of ESOP
Nuoan Fund－Xingye
Securities－Nanjing Shuangan Other 1.45% 71,494,714
Assets Management Co., Ltd.
Domestic Non
Shenzhen Taianer Information
-State-owned legal 1.39% 68,765,682 Pledge 61,165,682
Technology Co., Ltd.
person
Penghua Fund－Ningbo Bank Other 1.25% 61,987,758
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Dongxu Optoelectronic Technology Co., Ltd. The Third Quarterly Report 2017
－Daye Trust－Daye
TrustDongxu Optoelectronic
increase funds II Single fund
trust
STAS Asset Management－
Ningbo Bank－Minsheng Trust
－China Minsheng TrustZhixin
Other 1.25% 61,987,758
No.208 Dongxu Optoelectronic
increase collective fund trust
plan
Shares held by the Top 10 Shareholders of Non-restricted shares
Number of the non-restricted shares Share type
Shareholders’ Names
held Share type Quantity
RMB Common
Shijiazhuang Baoshi Electronic Group Co., Ltd. 332,382,171 332,382,171
shares
China Fund Management Co., Ltd.－Huaxia Bank－
RMB Common
TTCO Trust Co., Ltd.－TTCO Trust Co., Ltd.－ 173,239,116 173,239,116
shares
Shunjing No.5 Single capital trust
RMB Common
Tunghsu Group Co., Ltd. 119,086,103 119,086,103
shares
Minsheng Royal Fund Management Co., Ltd.-Ping An
RMB Common
Bank-Ping An Trust-Ping An Wealth* Huitai No.163 91,642,280 91,642,280
shares
Single Fund Trust
RMB Common
Qianhai Equity Investment Fund（LP） 86,024,545 86,024,545
shares
Nuoan Fund－Xingye Securities－Nanjing Shuangan RMB Common
71,494,714 71,494,714
Assets Management Co., Ltd. shares
RMB Common
Shenzhen Taianer Information Technology Co., Ltd. 68,765,682 68,765,682
shares
Penghua Fund－Ningbo Bank－Daye Trust－Daye
RMB Common
TrustDongxu Optoelectronic increase funds II Single 61,987,758 61,987,758
shares
fund trust
STAS Asset Management－Ningbo Bank－Minsheng
RMB Common
Trust－China Minsheng TrustZhixin No.208 Dongxu 61,987,758 61,987,758
shares
Optoelectronic increase collective fund trust plan
HuaAn Future Asset-ICBC-No.1 Asset Management RMB Common
49,877,765 49,877,765
Plan of Dongxu Optoelectronic’s Private Placement shares
Among the top ten shareholders holding non-restricted negotiable shares,
Explanation on shareholders participating in the margin
Tunghsu Group and Baoshi Group have relationship and constitute
trading business
persons taking concerted action. The Company does not know whether
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Dongxu Optoelectronic Technology Co., Ltd. The Third Quarterly Report 2017
there is any relationship among the rest 8 ordinary shareholders or
between the rest eight top shareholders of unlimited-sale common stock
and the rest 8 ordinary shareholders, nor know whether they belong to the
persons acting in concert stipulated by "Measures for the administration of
the takeover by listed companies".
Participation of top 10 unconditional common share
Not applicable
shareholders in securities margin trading (if any)
Whether top ten common shareholders or top ten common shareholders with un-restrict shares held have a
buy-back agreement dealing in reporting period.
□ Yes √ No
The top ten common shareholders or top ten common shareholders with un-restrict shares held of the Company
have no buy –back agreement dealing in reporting period.
2.Total number of preferred shareholders and shareholding of top 10 preferred shareholders by the end of
the report period
□ Applicable √Not applicable
III Significant Events
I. Major changes of main accounting statement items and financial indicators in the reporting period, as
well as reasons for the changes
√ Applicable □ Not applicable
Amount at the
Amount at the end of beginning of period Rate of change
No Items in statements Reason for change
period/ This period /Same period of last （%）
year
Mainly due to the expansion
1 Account receivable 2,815,556,458.91 1,652,714,640.77 70.36
of business scale and income
Mainly due to the new
2 Advance payments 1,986,345,935.58 862,432,895.10 130.32 prepaid payment and equity
purchase
Other account Mainly due to the increase in
3 319,700,792.58 186,071,085.24 71.82
receivable margin
4 Inventories 3,706,559,024.47 2,688,967,436.27 37.84 Mainly due to stocking
Long term share Mainly due to the increase in
5 505,025,114.92 72,354,803.70 597.98
equity investment equity investment
Mainly due to the
Construction in
6 2,932,425,322.50 1,772,629,310.84 65.43 construction of production
progress
line
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Dongxu Optoelectronic Technology Co., Ltd. The Third Quarterly Report 2017
Mainly due to the merger
7 Goodwill 156,849,701.01 33,935,384.57 362.20
under the same control
Mainly due to the increase in
Long-term prepaid
8 18,712,963.05 11,756,506.76 59.17 the use of patents and
expenses
housing renovation fees
9 Notes payable 263,884,722.25 393,136,676.05 -32.88 Mainly due to payment due
Mainly due to the increase in
10 Account payable 1,809,200,506.64 1,165,418,491.73 55.24
inventories
Advances from Mainly due to the increase in
11 893,259,362.12 414,078,061.38 115.72
customers construction equipment
Mainly due to the votes and
12 Interest payable 238,293,444.92 81,610,513.91 191.99
corporate bonds
Mainly due to the increase in
13 Other payable 238,163,230.93 114,993,136.80 107.11
margin
Mainly due to the expansion
14 Business revenue 7,868,645,823.58 4,261,683,547.71 84.64 of business scale in the
current period
Mainly due to the increase in
15 Operating cost 5,937,363,039.53 2,883,454,282.36 105.91 operating costs due to the
increase in operating costs
Mainly due to the increase in
Business taxes and
16 58,051,137.61 25,082,445.26 131.44 operating income due to the
surcharges
increase in tax revenue
Mainly due to the current
17 Financial expenses 411,695,344.38 189,141,367.36 117.67 corporate bonds and interest
accrued
Mainly due to the equity
method of accounting for
18 Investment income 21,302,358.40 -29,947.57 71,232.18
investment income and
financial benefits
Mainly due to the
Non-operating
19 76,654,784.57 196,230,891.80 -60.94 reclassification of new
income
government subsidies
Income tax Mainly due to the increase in
20 274,936,572.22 131,886,161.05 108.47
expense the scale of business profits
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Dongxu Optoelectronic Technology Co., Ltd. The Third Quarterly Report 2017
II. The progress of significant events and influence, as well as the analysis and explanation on resolving
proposal.
√Applicable □Not applicable
(I) The Phase II Employee Stock Ownership Plan of the company
The Company held the 19th meeting of the 8th Board of Directors and the 5th extraordinary shareholders' general
meeting respectively on July 30, 2017 and on August 15, 2017, examined and approved the Proposal about the
Phase II Employee Stock Ownership Plan (draft) of Dongxu Optoelectronic Technology Co., Ltd and its Summary.
On September 5, 2017, the Collective Fund Trust Plan of Zhonghai Trust-Dongxu Optoelectronics ESOP was set up.
As of the date of this report, the company's Phase II ESOP has not yet bought the company's stock due to the factors
such as the company's third quarterly report disclosure window period.
The company's Phase II ESOP planned to complete the purchase of the company's stock in the secondary
market within the valid period.
(II) The matter of the Company's share issuance and paying cash to purchase the assets and raise the matching funds
namely the related transaction
On August 24, 2017, the company received the notice from the CSRC that the Company's share issuance and
paying cash to purchase the assets and raise the matching funds namely the related transaction matter was
conditionally approved by CSRC through the forty-ninth merger and reorganization committee work conference
held on August 24, 2017 by CSRC's Audit Committee of Mergers and Reorganization of listed companies.
The Company will complete the issuance of shares to buy assets and raise the matching funds and complete the
registration, listing of new shares and other related work as soon as possible after receiving the approval document
from the China Securities Regulatory Commission.
Description of the website for disclosing provisional
Overview of material matters Date of disclosing
announcement
China securities Journal, Hongkong Commercial Daily,
The restructuring project was
August 24,2017 Secutities Daily , Secutities Times, Shanghai Securities
reviewed and approved
News and http://www.cninfo.com.cn.
The Phase II employee stock China securities Journal, Hongkong Commercial Daily,
ownership plan was reviewed and August 16,2017 Secutities Daily , Secutities Times, Shanghai Securities
approved News and http://www.cninfo.com.cn.
III. Commitments finished in implementation by the Company, shareholders, actual controller, acquirer,
directors, supervisors, senior executives or other related parties in the reporting period and commitments
unfinished in implementation at the end of the reporting period
□ Applicable √ Not applicable
The company has no commitments completed in period and those without completed till lend of the period from
actual controller, shareholders, related parties, purchaser and companies.
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Dongxu Optoelectronic Technology Co., Ltd. The Third Quarterly Report 2017
IV．Prediction of Business performance for 2017
Estimation of accumulative net profit from the beginning of the year to the end of next report period to be loss
probably or the warning of its material change compared with the corresponding period of the last year and
explanation of reason.
□ Applicable √ Not applicable
III. Commitments finished in implementation by the Company, shareholders, actual controller, acquirer,
directors, supervisors, senior executives or other related parties in the reporting period and commitments
unfinished in implementation at the end of the reporting period
□ Applicable √ Not applicable
The company has no commitments completed in period and those without completed till lend of the period from
actual controller, shareholders, related parties, purchaser and companies.
IV．Prediction of Business performance for January- June 2017
Estimation of accumulative net profit from the beginning of the year to the end of next report period to be loss
probably or the warning of its material change compared with the corresponding period of the last year and
explanation of reason.
□ Applicable √ Not applicable
V. Investment in securities
□ Applicable √ Not applicable
No securities investment in period.
VI. Investments in derivatives
□ Applicable √ Not applicable
There is no derivative investment during the report period.
VII. The registration form of acceptance of investigation, communication and interview in the report
period for future reference
√Applicable □Not applicable
Reception time Way of reception Types of visitors Basic index
Shenzhen Stock Exchange site
September 19,2017 Field research Organization
interactive company zone
From January 1,2017 to
By Phone Individual Nil
September 30,2017
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Dongxu Optoelectronic Technology Co., Ltd. The Third Quarterly Report 2017
VIII. Outward Guarantee against the Regulations
□ Applicable √ Not applicable
The Company had no guarantee outside against the regulation in the reporting period.
IX. Non-operational Occupancy of the Company’s Capital by the Controlling Shareholder and its Related
Parties
□ Applicable √ Not applicable
The Company had no non-operational fund occupation from controlling shareholders and its related party.
X.Implementation of the social Responsibility of taking targeted measures to alleviate poverty in light of
local Conditions.
The third Quarter poverty relieving summary
In December 2016, the company, for promoting the original old liberated area culture of “Jinsui revolutionary
base area” in Shanxi and the sustainable development of the educational business as well as inheriting the spirit of
arduous struggle for the nation and people of the older generation of revolutionaries, entered into the Donation
Agreement with Shanxi Jinsui Culture and Education Development Foundation (hereinafter referred to as “Jinsui
Foundation”), under which, the company would donate 3 million yuan to Shanxi Jinsui Culture and Education
Development Foundation freely from the its own fund. The donation money is mainly used for the financing of the
outstanding students of the poor families in the old liberated areas, the establishment of the Jinsui base information
database, the landscaping project of Memorial Cemetery of Jinsui Martyrs, the relocated burial of the revolutionary
martyrs, etc.
During the reporting period, the Company actively followed up and supervised the use of donation funds for
poverty alleviation. From August 17, 2017 to August 19,2017, the company and the Jin Sui Cultural and
Educational Development Foundation together carried out the sunshine activities to aid students in Xing county
and Shilou County in Shanxi province, and each of the 207 outstanding students of the poor families selected by
Jin Sui Cultural and Educational Development Foundation was granted RMB 5,000 of tuition aid and inspirational
scholarship, thus to ensure that they enter school smoothly and finish their studies better.
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Dongxu Optoelectronic Technology Co., Ltd. The Third Quarterly Report 2017
IV. Financial Statement
I. Financial statement
1. Consolidated balance sheet
Prepared by：Dongxu Optoelectronic Technology Co., Ltd.
September 30,2017
In RMB
Items At the end of term Beginning of term
Current asset：
Cash and bank balances 23,079,862,862.63 26,056,117,216.86
Settlement provision
Outgoing call loan
Financial assets at fair value through profit
or loss
Derivative financial assets
Notes receivable 71,683,462.88 55,340,287.95
Account receivable 2,815,556,458.91 1,652,714,640.77
Advance payments 1,986,345,935.58 862,432,895.10
Insurance receivable
Reinsurance receivable
Provisions of Reinsurance contracts
receivable
Interest receivable 57,672,005.02
Dividend receivable
Other account receivable 319,700,792.58 186,071,085.24
Securities purchased under agreements to
resell
Inventories 3,706,559,024.47 2,688,967,436.27
Held-for-sale assets 3,855,435.58
Current portion of non-current assets
Other current asset 2,736,060,201.76 3,203,453,317.38
Total of current assets 34,777,296,179.41 34,705,096,879.57
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Dongxu Optoelectronic Technology Co., Ltd. The Third Quarterly Report 2017
Non-current assets：
Loans and advances
Available-for-sale financial assets 100,000,056.00
Held-to-maturity investments
Long-term receivable
Long term share equity investment 505,025,114.92 72,354,803.70
Property investment 58,536,591.26
Fixed assets 8,994,418,300.94 8,952,341,070.47
Construction in progress 2,932,425,322.50 1,772,629,310.84
Engineering material 304,468.05
Fixed assets pending for disposal
Productive biological assets
Gas & petrol
Intangible assets 570,204,643.02 578,194,545.68
Research and Development Expenditures 1,941,747.58
Goodwill 156,849,701.01 33,935,384.57
Long-term prepaid expenses 18,712,963.05 11,756,506.76
Deferred income tax 298,097,383.05 312,555,500.36
Other non-current asset 280,623,846.66 387,151,100.41
Total of non-current assets 13,916,835,669.99 12,121,222,690.84
Total of assets 48,694,131,849.40 46,826,319,570.41
Current liabilities
Short-term bank loan facilities 4,312,646,994.13 4,940,816,200.13
Borrowings from central bank
Deposits and placements from other
financial institutions
Placement from banks and other financial
institution
Financial liabilities at fair value through
profit and loss
Derivative financial liabilities
Notes payable 263,884,722.25 393,136,676.05
Account payable 1,809,200,506.64 1,165,418,491.73
Advances from customers 893,259,362.12 414,078,061.38
Securities sold under agreement to
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Dongxu Optoelectronic Technology Co., Ltd. The Third Quarterly Report 2017
repurchase
Fees and commissions payable
Payroll payable 52,482,311.04 42,851,392.30
Taxes and surcharges payable 161,680,655.31 224,310,530.71
Interest payable 238,293,444.92 81,610,513.91
Dividend payable 30,000,000.00
Other payable 238,163,230.93 114,993,136.80
Reinsurance amounts payable
Provision of insurance contract
Securities brokering
Securities underwriting
Held-for-sale liabilities
Current portion of non-current liabilities 3,423,604,976.66 1,618,589,512.42
Other current liability 114,871,967.23 85,535,473.05
Total of current liability 11,508,088,171.23 9,111,339,988.48
Non-current liabilities：
Long-term bank loan facilities 5,162,408,014.76 6,596,159,000.00
Bond payable 5,662,824,850.40 5,653,912,494.73
Including：preferred stock
Perpetual capital securities
Long-term payable 1,281,298,458.50 1,514,308,568.67
Long-term employee benefits payable
Grants payable
Provisions 1,805,878.96
Deferred income 346,910,934.93 380,949,662.27
Deferred tax liabilities 1,365,292.88 413,257.79
Other non-current liabilities 500,000,000.00 500,000,000.00
Total non-current liabilities 12,956,613,430.43 14,645,742,983.46
Total of liability 24,464,701,601.66 23,757,082,971.94
Equity
Share capital 4,939,928,983.00 4,939,928,983.00
Other equity instrument
Including：preferred stock
Perpetual capital securities
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Dongxu Optoelectronic Technology Co., Ltd. The Third Quarterly Report 2017
Reserves 15,208,155,424.07 15,207,210,810.89
Less: treasury shares 4,422,320.00 4,422,320.00
Other comprehensive income 134,965.02
Specialized reserve
Surplus reserves 188,044,070.48 188,044,070.48
General risk reserve
Retained earnings 2,565,857,679.05 1,885,538,821.49
Equity contributable to parent company 22,897,698,801.62 22,216,300,365.86
Minority interests 1,331,731,446.12 852,936,232.61
Total equity 24,229,430,247.74 23,069,236,598.47
Total liabilities and equity 48,694,131,849.40 46,826,319,570.41
Legal Representative: Li Zhaoting Person in charge of accounting：Huang Jinliang Accounting Dept Leader: Gao Feipeng
2.Parent Company Balance Sheet
In RMB
Items Year-end balance Year-beginning balance
Current asset：
Cash and bank balances 11,659,216,378.49 16,951,756,537.76
Financial assets at fair value through profit
or loss
Derivative financial assets
Notes receivable 350,000.00 946,400.00
Account receivable 15,151,857.89 19,896,753.26
Advance payments 14,806,320.95 4,280,852.37
Interest receivable 52,920,132.78
Dividend receivable 570,000,000.00
Other receivable 5,947,624,193.36 4,925,419,456.78
Inventories 473,080,152.32 500,254,494.97
Held-for-sale assets
Current portion of non-current assets
Other current asset 1,498,915,249.58 2,000,019,211.84
Total of current assets 19,662,064,285.37 24,972,573,706.98
Non-current assets：
Available-for-sale financial assets 100,000,056.00
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Dongxu Optoelectronic Technology Co., Ltd. The Third Quarterly Report 2017
Held-to-maturity investments
Long-term receivable
Long term share equity investment 15,720,785,409.61 11,373,791,986.49
Property investment
Fixed assets 45,734,411.57 49,516,721.87
Construction in progress
Engineering material
Fixed assets pending for disposal
Productive biological assets
Gas & petrol
Intangible assets 9,700,844.48 9,951,171.11
Research and Development Expenditures
Goodwill
Long-term prepaid expenses
Deferred income tax 337,853.35 3,712,603.85
Other non-current asset 1,381,400.00
Total of non-current assets 15,877,939,975.01 11,436,972,483.32
Total of assets 35,540,004,260.38 36,409,546,190.30
Current liabilities
Short-term bank loan facilities 2,610,000,000.00 3,242,500,000.00
Financial liabilities at fair value through
profit and loss
Derivative financial liabilities
Notes payable 159,820,750.00
Account payable 142,761,263.96 147,012,816.26
Advances from customers 1,811,587.90 10,587.90
Payroll payable 4,502,801.44 3,700,741.68
Tax payable 26,830,702.78 20,970,299.00
Interest payable 228,548,854.70 72,569,720.24
Dividend payable
Other payable 2,384,725,301.05 2,889,692,312.04
Held-for-sale liabilities
Current portion of non-current liabilities 2,077,233,333.36 400,005,000.00
Other current liability
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Dongxu Optoelectronic Technology Co., Ltd. The Third Quarterly Report 2017
Total of current liability 7,476,413,845.19 6,936,282,227.12
Non-current liabilities：
Long-term bank loan facilities 2,110,383,333.28 2,887,600,000.00
Bond payable 5,662,824,850.40 5,653,912,494.73
Including：preferred stock
Perpetual capital securities
Long-term payable
Long-term employee benefits payable
Grants payable
Provisions
Deferred income
Deferred income tax
Other non-current liabilities
Total of Non-current liabilities 7,773,208,183.68 8,541,512,494.73
Total of liability 15,249,622,028.87 15,477,794,721.85
Equity
Share capital 4,939,928,983.00 4,939,928,983.00
Other equity instrument
Including：preferred stock
Perpetual capital securities
Reserves 15,131,386,936.27 15,130,191,736.27
Less: treasury shares 4,422,320.00 4,422,320.00
Other comprehensive income
Specialized reserve
Surplus reserves 169,054,846.15 169,054,846.15
Retained earnings 54,433,786.09 696,998,223.03
Total equity 20,290,382,231.51 20,931,751,468.45
Total liabilities and equity 35,540,004,260.38 36,409,546,190.30
3.Consolidated Income statement of the Report period
In RMB
Items Amount in this period Amount in last period
I. Revenue 3,227,360,295.67 1,379,624,393.30
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Dongxu Optoelectronic Technology Co., Ltd. The Third Quarterly Report 2017
Including: business revenue 3,227,360,295.67 1,379,624,393.30
Interest income
Premiums earned
Fees and commissions income
II. Total operating cost 2,840,978,059.52 1,152,908,242.41
Including: Cost of sales 2,598,487,889.63 945,144,638.71
Interest expense
Fees and commissions expense
Cash surrender amount
Net expenses of claim settlement
Net provisions for insurance contract
reserves
Policy dividend expenses
Reinsurance expenses
Business taxes and surcharges 12,886,043.09 4,640,717.38
Selling expenses 22,296,940.65 16,830,747.06
Administrative expense 115,027,941.33 89,405,271.71
Financial expenses 93,741,122.98 94,701,974.75
Impairment loss on assets -1,461,878.16 2,184,892.80
Add: Gain from fair-value
changes(“-“for loss)
Investment income(“-“for loss) 14,625,434.19 -111,705.88
Including: investment income from
-2,123,195.94 -111,705.88
associates and joint ventures
Gain on foreign exchange(“-“for loss)
Other income 104,939,239.00
III. Operating profit（“-”for loss） 505,946,909.34 226,604,445.01
Add:Non-operating income 10,584,897.05 92,721,612.12
Including：Gains from disposal of
non-current assets
Less：Non business expenses 618,747.35 233,375.42
Incl：Loss from disposal of
6,433.86 105.00
non-current assets
IV. Profit before tax(“-“for loss) 515,913,059.04 319,092,681.71
18
Dongxu Optoelectronic Technology Co., Ltd. The Third Quarterly Report 2017
Less: Income tax expense 95,505,900.99 41,602,559.54
V. Net profit (“-“for net loss) 420,407,158.05 277,490,122.17
Net profit attributable to the owners of
390,258,136.00 255,873,197.91
parent company
Minority interests 30,149,022.05 21,616,924.26
VI. Other comprehensive income after
136,333.95
tax
Net of profit of other comprehensive
income attributable to owners of the 136,333.95
parent company
（I）Other comprehensive income items
that will not be reclassified into
gains/losses in the subsequent
accounting period
1.Re-measurement of defined benefit pl
ans of changes in net debt or net assets
2.Other comprehensive income under th
e equity method investee can not be recl
assified into profit or loss.
（II）
Other comprehensive income that will b 136,333.95
e reclassified into profit or loss.
1.Other comprehensive income under th
e equity method investee can be reclassi
fied into profit or loss.
2.Gains and losses from changes in fair
value available for sale financial assets
3.Held-to-maturity investments reclassif
ied to gains and losses of available for s
ale financial assets
4.The effective portion of cash flow hed
ges and losses
5.Translation differences in currency fin
136,333.95
ancial statements
6.Other
Net
after-tax of other comprehensive incom
e attributable to Minority shareholders’
19
Dongxu Optoelectronic Technology Co., Ltd. The Third Quarterly Report 2017
equity
VII. Total comprehensive income 420,543,492.00 277,490,122.17
Total comprehensive income
attributable to the owner of the parent 390,394,469.95 255,873,197.91
company
Total comprehensive income
30,149,022.05 21,616,924.26
attributable minority shareholders
VIII. Earnings per share
（I）Basic earnings per share 0.080 0.060
(II)Diluted earnings per share 0.080 0.060
Legal Representative: Li Zhaoting Person in charge of accounting：Huang Jinliang Accounting Dept Leader:
Gao Feipeng
4.Income statement of the Parent Company of the Report period
In RMB
Items Amount in this period Amount in last period
I.Revenue 17,030,588.98 95,273,058.88
Less：Business cost 10,251,594.76 57,140,094.60
Business tax and surcharge 1,248,209.02
Selling expenses
Administrative expense 13,048,365.78 19,838,850.46
Financial expenses 39,272,333.52 50,705,333.55
Impairment loss on assets 500,988.07
Add: Gain from fair-value
changes(“-“for loss)
Investment income(“-“for loss) 14,624,681.78 -111,705.88
Including: investment income from
-2,123,948.35 -111,705.88
associates and joint ventures
Other income
II. Operational profit（“-”for loss） -32,666,220.39 -32,522,925.61
Add:Non-operating income 505.00 1,090,760.52
Including：Gains from disposal of
non-current assets
Less:Non-operating expenses
Incl：Loss from disposal of non-current
20
Dongxu Optoelectronic Technology Co., Ltd. The Third Quarterly Report 2017
assets
III. Profit before tax(“-“for loss) -32,665,715.39 -31,432,165.09
Less: Income tax expense
IV. Net profit (“-“for net loss) -32,665,715.39 -31,432,165.09
V.Net of profit of other comprehensive i
ncome
（I）Other comprehensive income
items that will not be reclassified into
gains/losses in the subsequent
accounting period
1.Re-measurement of defined benefit pl
ans of changes in net debt or net assets
2.Other comprehensive income under th
e equity method investee can not be recl
assified into profit or loss.
（II）
Other comprehensive income that will b
e reclassified into profit or loss.
1.Other comprehensive income under th
e equity method investee can be reclassi
fied into profit or loss.
2.Gains and losses from changes in fair
value available for sale financial assets
3.Held-to-maturity investments reclassif
ied to gains and losses of available for s
ale financial assets
4.The effective portion of cash flow hed
ges and losses
5.Translation differences in currency fin
ancial statements
6.Other
VI. Total comprehensive income -32,665,715.39 -31,432,165.09
VII. Earnings per share：
（I）Basic earnings per share
(II)Diluted earnings per share
21
Dongxu Optoelectronic Technology Co., Ltd. The Third Quarterly Report 2017
5. Consolidated income statement between the beginning of the year and end of the report period
Items Amount in this period Amount in last period
I.Revenue 7,868,645,823.58 4,261,683,547.71
Including：Operating income 7,868,645,823.58 4,261,683,547.71
Interest income
Insurance gained
Commission charge and commission
income
II. Total operating cost 6,765,980,153.47 3,477,937,920.11
Including：Operating cost 5,937,363,039.53 2,883,454,282.36
Interest expense
Commission chare and commission
expense
Insurance discharge payment
Net claim amount paid
Insurance policy dividend paid
Insurance policy dividend paid
Reinsurance expenses
Business tax and surcharge 58,051,137.61 25,082,445.26
Selling expenses 51,381,175.80 48,408,463.62
Administrative expense 308,743,096.29 326,111,536.56
Financial expenses 411,695,344.38 189,141,367.36
Asset impairment loss -1,253,640.14 5,739,824.95
Add：Gains from change of fir value
（“-”for loss）
Investment gain（“-”for loss） 21,302,358.40 -29,947.57
Incl: investment gains from affiliates -17,629,688.77 -29,947.57
Gains from currency exchange（“-”for
loss）
Other income 191,619,239.00
III. Operational profit（“-”for loss） 1,315,587,267.51 783,715,680.03
Add：Non-business income 76,654,784.57 196,230,891.80
Incl：Gains from disposal of non-current
assets
22
Dongxu Optoelectronic Technology Co., Ltd. The Third Quarterly Report 2017
Less：Non business expenses 1,068,918.78 245,864.76
Incl：Loss from disposal of non-current
36,971.00 4,535.74
assets
IV.Total profit(“-”for loss) 1,391,173,133.30 979,700,707.07
Less：Income tax expenses 274,936,572.22 131,886,161.05
V. Net profit（“-”for net loss） 1,116,236,561.08 847,814,546.02
Net profit attributable to the owners of
1,026,113,886.37 801,836,908.63
parent company
Minority shareholders’ equity 90,122,674.71 45,977,637.39
VI. Net after-tax of Other
134,965.02
comprehensive income
Net after-tax
of other comprehensive income attribut 134,965.02
able to owners of the parent company.
（I）Other comprehensive income items
that will not be reclassified into
gains/losses in the subsequent
accounting period
1.Re-measurement of defined benefit pl
ans of changes in net debt or net assets
2.Other comprehensive income under th
e equity method investee can not be recl
assified into profit or loss.
（II）
Other comprehensive income that will b 134,965.02
e reclassified into profit or loss.
1.Other comprehensive income under th
e equity method investee can be reclassi
fied into profit or loss.
2.Gains and losses from changes in fair
value available for sale financial assets
3.Held-to-maturity investments reclassif
ied to gains and losses of available for s
ale financial assets
4.The effective portion of cash flow hed
ges and losses
5.Translation differences in currency fin
134,965.02
ancial statements
23
Dongxu Optoelectronic Technology Co., Ltd. The Third Quarterly Report 2017
6.Other
Net
after-tax of other comprehensive incom
e attributable to Minority shareholders’
equity
VII. Total comprehensive income 1,116,371,526.10 847,814,546.02
Total comprehensive income
attributable to the owner of the parent 1,026,248,851.39 801,836,908.63
company
Total comprehensive income
90,122,674.71 45,977,637.39
attributable minority shareholders
VIII. Earnings per share
（I）Basic earnings per share 0.210 0.20
(II)Diluted earnings per share 0.210 0.20
The current business combination under common control, the net profits of the combined party before achieved ne
t profit of RMB 0, last period the combined party realized RMB 0.
6.Income Statement of the Parent Between the Beginning of the Year and End of the Report Period
In RMB
Items Amount in this period Amount in last period
I.Revenue 55,628,270.16 479,120,880.32
Less：Business cost 38,343,858.04 293,280,979.66
Business tax and surcharge 4,833,522.28 521,358.24
Selling expenses 684,247.25
Administrative expense 35,867,422.34 47,190,288.66
Financial expenses 291,064,184.00 126,132,260.22
Asset impairment loss 221,249.92 230,615.03
Add：Gains from change of fir value
（“-”for loss）
Investment gain（“-”for loss） 21,300,415.79 -29,947.57
Incl: investment gains from affiliates -17,631,631.38 -29,947.57
Other income
II. Operational profit -293,401,550.63 11,051,183.69
Add：Non-business income 6,893.00 1,142,016.45
Incl：Gains from disposal of non-current
assets
24
Dongxu Optoelectronic Technology Co., Ltd. The Third Quarterly Report 2017
Less：Non business expenses
Incl：Loss from disposal of non-current
assets
III.Total profit -293,394,657.63 12,193,200.14
Less：Income tax expenses 3,374,750.50 6,546,013.74
IV. Net profit -296,769,408.13 5,647,186.40
V. Net after-tax of Other comprehensive
income
（I）Other comprehensive income items
that will not be reclassified into
gains/losses in the subsequent
accounting period
1.Re-measurement of defined benefit pl
ans of changes in net debt or net assets
2.Other comprehensive income under th
e equity method investee can not be recl
assified into profit or loss.
（II）
Other comprehensive income that will b
e reclassified into profit or loss.
1.Other comprehensive income under th
e equity method investee can be reclassi
fied into profit or loss.
2.Gains and losses from changes in fair
value available for sale financial assets
3.Held-to-maturity investments reclassif
ied to gains and losses of available for s
ale financial assets
4.The effective portion of cash flow hed
ges and losses
5.Translation differences in currency fin
ancial statements
6.Other
VI.Total comprehensive income -296,769,408.13 5,647,186.40
VII.Earnings per share
（I）Basic earnings per share
(II)Diluted earnings per share
25
Dongxu Optoelectronic Technology Co., Ltd. The Third Quarterly Report 2017
7. Consolidated Cash Flow Statement Between the Beginning of the Year and End of the Report Period
In RMB
Items Amount in this period Amount in last period
I.Cash flows from operating activities
Cash received from sales of goods or
7,913,961,377.82 4,942,989,805.57
rending of services
Net increase of customer deposits
and capital kept for brother company
Net increase of loans from central bank
Net increase of inter-bank loans from
other financial bodies
Cash received against original insurance
contract
Net cash received from reinsurance
business
Net increase of client deposit and
investment
Net increase of the financial assets that
are measured at fair value and whose
movement is counted to the current gain
and loss
Cash received as interest, processing fee
and commission
Net increase of inter-bank fund received
Net increase of repurchasing business
Tax returned 298,618,513.71 237,437,874.03
Other cash received from business
1,165,187,495.09 160,137,838.12
operation
Sub-total of cash inflow 9,377,767,386.62 5,340,565,517.72
Cash paid for purchasing of
6,928,907,180.99 2,439,731,746.83
merchandise and services
Net increase of client trade and advance
Net increase of savings n central bank
and brother company
Cash paid for original contract claim
Cash paid for interest, processing fee
and commission
26
Dongxu Optoelectronic Technology Co., Ltd. The Third Quarterly Report 2017
Cash paid for policy dividend
Cash paid to staffs or paid for staffs 386,961,287.60 377,797,662.45
Taxes paid 757,077,217.86 438,787,541.72
Other cash paid for business activities 972,186,065.33 454,898,471.60
Sub-total of cash outflow from business
9,045,131,751.78 3,711,215,422.60
activities
Cash flow generated by business
332,635,634.84 1,629,350,095.12
operation, net
II.Cash flow generated by investing
Cash received from investment
7,619,999,000.00
retrieving
Cash received as investment gains 36,722,122.05
Net cash retrieved from disposal of
fixed assets, intangible assets, and other
long-term assets
Net cash received from disposal of
subsidiaries or other operational units
Other investment-related cash received 190,962.49 6,120,000.00
Sub-total of cash inflow due to
7,656,912,084.54 6,120,000.00
investment activities
Cash paid for construction of fixed
assets, intangible assets and other 1,702,772,272.62 430,192,703.84
long-term assets
Cash paid as investment 7,870,751,027.51 299,846,640.00
Net increase of loan against pledge
Net cash received from subsidiaries and
27,029,498.90 7,619,727.41
other operational units
Other cash paid for investment
170,000,000.00
activities
Sub-total of cash outflow due to
9,770,552,799.03 737,659,071.25
investment activities
Net cash flow generated by investment -2,113,640,714.49 -731,539,071.25
III.Cash flow generated by financing
Cash received as investment 368,016,041.50 7,077,999,994.53
Incl: Cash received as investment from
368,016,041.50 156,000,000.00
minor shareholders
Cash received as loans 4,141,342,914.00 4,947,767,840.00
27
Dongxu Optoelectronic Technology Co., Ltd. The Third Quarterly Report 2017
Cash received from bond placing
Other financing –related ash received 481,508,116.32 1,873,001,981.91
Sub-total of cash inflow from financing
4,990,867,071.82 13,898,769,816.44
activities
Cash to repay debts 4,279,129,971.88 3,852,501,400.00
Cash paid as dividend, profit, or
1,051,568,859.99 873,511,708.17
interests
Incl: Dividend and profit paid by
30,000,000.00 20,000,000.00
subsidiaries to minor shareholders
Other cash paid for financing activities 493,432,737.76 211,932,472.30
Sub-total of cash outflow due to
5,824,131,569.63 4,937,945,580.47
financing activities
Net cash flow generated by financing -833,264,497.81 8,960,824,235.97
IV. Influence of exchange rate
-5,059,492.25 5,994,616.53
alternation on cash and cash equivalents
V.Net increase of cash and cash
-2,619,329,069.71 9,864,629,876.37
equivalents
Add: balance of cash and cash
25,037,335,091.60 11,964,769,404.73
equivalents at the beginning of term
VI ..Balance of cash and cash
22,418,006,021.89 21,829,399,281.10
equivalents at the end of term
8. Cash Flow Statement of the Parent Between the Beginning of the Year and End of the Report Period
In RMB
Items Amount in this period Amount in last period
I.Cash flows from operating activities
Cash received from sales of goods or
62,187,688.55 542,513,717.67
rending of services
Tax returned 1,170,987.52
Other cash received from business
7,556,107,048.49 200,000,000.00
operation
Sub-total of cash inflow 7,618,294,737.04 743,684,705.19
Cash paid for purchasing of
173,174,099.99 523,615,425.75
merchandise and services
Cash paid to staffs or paid for staffs 11,623,310.41 12,738,597.08
Taxes paid 13,066,407.94 15,235,441.04
28
Dongxu Optoelectronic Technology Co., Ltd. The Third Quarterly Report 2017
Other cash paid for business activities 8,920,483,257.03 659,361,568.31
Sub-total of cash outflow from business
9,118,347,075.37 1,210,951,032.18
activities
Cash flow generated by business
-1,500,052,338.33 -467,266,326.99
operation, net
II.Cash flow generated by investing
Cash received from investment
7,619,999,000.00
retrieving
Cash received as investment gains 608,932,047.17
Net cash retrieved from disposal of
fixed assets, intangible assets, and other
long-term assets
Net cash received from disposal of
subsidiaries or other operational units
Other investment-related cash received 6,120,000.00
Sub-total of cash inflow due to
8,228,931,047.17 6,120,000.00
investment activities
Cash paid for construction of fixed
assets, intangible assets 7,800.00
and other long-term assets
Cash paid as investment 11,684,624,110.50 1,448,701,140.00
Net cash received from subsidiaries and
other operational units
Other cash paid for investment
170,000,000.00
activities
Sub-total of cash outflow due to
11,854,624,110.50 1,448,708,940.00
investment activities
Net cash flow generated by investment -3,625,693,063.33 -1,442,588,940.00
III.Cash flow generated by financing
Cash received as investment 6,921,999,994.53
Cash received as loans 2,666,666,666.66 3,662,700,000.00
Cash received from bond placing
Other financing –related ash received 312,673,897.76 70,281,601.36
Sub-total of cash inflow from
2,979,340,564.42 10,654,981,595.89
financing activities
Cash to repay debts 2,397,150,000.02 2,170,050,000.00
Cash paid as dividend, profit, or 720,739,699.15 523,948,760.90
29
Dongxu Optoelectronic Technology Co., Ltd. The Third Quarterly Report 2017
interests
Other cash paid for financing activities 28,679,113.18 245,087,948.72
Sub-total of cash outflow due to
3,146,568,812.35 2,939,086,709.62
financing activities
Net cash flow generated by financing -167,228,247.93 7,715,894,886.27
IV. Influence of exchange rate
433,490.32
alternation on cash and cash equivalents
V.Net increase of cash and cash
-5,292,540,159.27 5,806,039,619.28
equivalents
Add: balance of cash and cash
16,951,756,537.76 9,835,157,652.41
equivalents at the beginning of term
VI ..Balance of cash and cash
11,659,216,378.49 15,641,197,271.69
equivalents at the end of term
II. Auditor‘s report
Whether the Q3 report is audited
□ Yes √ No
The Q3 Report is not audited.
Dongxu Optoelectronic Technology Co., Ltd.
Board Chairman: Li Zhaoting
Issue day approved by the Board of Directors：October 30,2017
30
