CSG HOLDING CO., LTD.
THE First QUARTER REPORT 2023
Chairman of the Board:
CHEN LIN
April 2023
CSG HOLDING CO., LTD. The First Quarter Report 2023
Stock Code: 000012/200012 Short Form of Stock: Southern Glass A/B Notice No.:2023-020
CSG Holding Co., Ltd.
The First Quarter Report 2023
The Company and all the members of the Board of Directors confirm that the information
disclosed is authentic, accurate and complete, and there are no any fictitious statements,
misleading statements or significant omissions carried in this report.
Important Notice:
1. Board of Directors and the Supervisory Committee and its directors, supervisors and senior
executives hereby confirm that the Quarter Report is authentic, accurate and complete and there
are no any fictitious statements, misleading statements, or significant omissions carried in this
report, and shall take individual and joint legal responsibilities.
2. Head of the Company, responsible person in charge of accounting and principal of the financial
department (accounting officer) confirm that the financial information in this Quarter Report is
authentic, accurate and complete.
3. Whether the First Quarter Report has been audited or not
□ Yes √ No
This report is prepared both in Chinese and English. Should there be any inconsistency between
the Chinese and English versions, the Chinese version shall prevail.
I. Main financial data
（I）Major accounting data and financial indicators
Whether it has retroactive adjustment or re-statement on previous accounting data
□Yes √No
The same period of the Year-on-year
The report period
previous year increase/decrease
Operating income (RMB) 4,070,673,784 2,785,709,687 46.13%
Net profit attributable to shareholders of the
396,406,087 383,682,831 3.32%
listed company (RMB)
Net profit attributable to shareholders of the
listed company after deducting non-recurring 369,241,752 336,240,261 9.81%
gains and losses (RMB)
Net cash flow arising from operating activities
-284,407,179 102,057,062 -378.67%
(RMB)
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CSG HOLDING CO., LTD. The First Quarter Report 2023
Basic earnings per share (RMB/Share) 0.13 0.12 8.33%
Diluted earnings per share (RMB/Share) 0.13 0.12 8.33%
Weighted average ROE (%) 3.04% 3.30% -0.26%
Increase/decrease
at the end of the
End of the report period End of the previous year report period over
the end of the
previous year
Total assets (RMB) 25,637,078,162 25,904,013,306 -1.03%
Net assets attributable to shareholders of the
13,249,455,886 12,854,883,706 3.07%
listed company (RMB)
(II) Item and amount of non-recurring gains and losses
√Applicable □ Not applicable
Unit: RMB
Amount in the report
Item Note
period
Gains/losses from the disposal of non-current asset (including the write-off that
164,780
accrued for impairment of assets)
Governmental subsidy reckoned into current gains/losses (not including the subsidy
enjoyed in quota or ration according to national standards, which are closely relevant 23,460,674
to enterprise’s business)
In addition to the effective hedging business related to the normal business of the
company, the profit and loss from changes in fair value arising from holding trading
financial assets and trading financial liabilities, as well as the investment income 756,383
obtained from the disposal of trading financial assets, trading financial liabilities and
available for sale financial assets
Reversal of provision for impairment of receivables that have been individually tested
680,240
for impairment
Other non-operating income and expenditure except for the aforementioned items 7,104,485
Less: Impact on income tax 4,724,159
Impact on minority shareholders’ equity (post-tax) 278,068
Total 27,164,335
Particulars about other gains and losses that meet the definition of non-recurring gains and losses:
□ Applicable √ Not applicable
It did not exist that other profit and loss items met the definition of non-recurring gains and losses.
Explanation of the non-recurring gains and losses listed in the Explanatory Announcement No.1 on Information Disclosure for
Companies Offering their Securities to the Public - Non-recurring Gains and Losses as recurring gains and losses
□ Applicable √ Not applicable
It did not exist that non-recurring profit and loss items listed in the "Explanatory Announcement No. 1 on Information Disclosure
of Companies Offering Securities to the Public - Non-recurring Profit and Loss" were defined as recurring profit and loss items in
the report period.
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CSG HOLDING CO., LTD. The First Quarter Report 2023
(III) Statement of change in the major accounting data and financial indicators and the
causes
√Applicable □ Not applicable
Unit: RMB
Percentage
Item of the Balance Sheet Note March 31, 2023 December 31, 2022
of change
Monetary funds (1) 2,214,555,137 4,604,607,779 -52%
Notes receivable (2) 541,411,494 156,943,437 245%
Accounts receivable (3) 1,696,421,712 1,179,992,784 44%
Non-current assets due within
one year (4) 40,000,000 20,000,000 100%
Other current assets (5) 188,123,840 108,248,545 74%
Construction In Progress (6) 1,656,976,274 2,520,362,291 -34%
Long-term Deferred Expense (7) 5,860,172 2,647,939 121%
Other non-current assets (8) 1,391,600,313 856,620,485 62%
Short-term borrowings (9) 475,796,035 345,000,000 38%
Employee benefits payable (10) 252,299,141 473,616,428 -47%
Non-current liabilities due
within one year (11) 621,683,133 2,481,433,006 -75%
Special reserve (12) 2,123,340 731,580 190%
Amount incurred in the report Amount incurred in the Percentage
Item of Income Statement Note
period previous period of change
Business income (13) 4,070,673,784 2,785,709,687 46%
Business cost (14) 3,165,542,052 1,996,135,271 59%
Research and development
expenses (15) 161,274,469 111,661,597 44%
Other income (16) 24,951,873 48,350,708 -48%
Investment income (17) 756,383 8,493,186 -91%
Credit impairment loss (18) -9,860,184 -4,406,594 124%
Asset impairment loss (19) 1,456 -100%
Income on disposal assets (20) 164,780 3,067,343 -95%
non-operating income (21) 7,959,666 1,658,098 380%
non-operating expenses (22) 378,246 2,619,997 -86%
Minor shareholders’ equity (23) -3,946,731 3,976,590 -199%
Net after-tax amount of other
comprehensive income (24) -3,225,667 -539,838 498%
Notes:
1.The decrease in monetary funds was mainly due to the redemption of matured corporate bonds;
2. The increase in notes receivable was mainly due to an increase in pledged invoicing of notes receivable;
3. The increase in accounts receivable was mainly due to the increase in sales revenue of photovoltaic glass;
4. The increase in non-current assets due within one year was due to the fact that some large certificates of deposit would
expire within one year;
5. The increase of other current assets was mainly due to the increase of input tax to be deducted by some subsidiaries;
6. The decrease in construction in progress was mainly due to the transfer of completed projects under construction to fixed
assets of some subsidiaries;
7. The increase in long-term deferred expenses was mainly due to an increase in amortization items;
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CSG HOLDING CO., LTD. The First Quarter Report 2023
8. The increase of other non-current assets was mainly caused by the increase of advance payment for engineering equipment
of subsidiaries;
9. The increase in short-term borrowings was mainly caused by the increase in borrowings of subsidiaries;
10. The decrease in employee compensation payable was mainly due to the payment of year-end bonuses for employees
accrued in the previous year during the report period;
11. The decrease in non-current liabilities due within one year was mainly due to the redemption of matured corporate bonds;
12. The increase in special reserves was mainly due to the provision of special reserves;
13. The increase in operating income was mainly due to the increase in silicon materials and photovoltaic glass business;
14. The increase in operating costs was mainly due to the increase in silicon materials and photovoltaic glass business;
15. The increase in research and development expenses was mainly due to the increase in research and development;
16. The decrease in other income was mainly due to the decrease in amortization of deferred income of subsidiaries;
17. The decrease in investment returns was mainly due to a decrease in structural deposit returns;
18. The increase in credit impairment losses was mainly due to an increase in accounts receivable for photovoltaic glass;
19. The change in asset impairment loss was mainly due to the fact that it did not occur in the current period and the amount
of the previous period was relatively small;
20. The decrease in asset disposal income was mainly due to the relatively small amount of asset disposal in the current
period;
21. The increase in non-operating income was mainly due to an increase in insurance claims and payments that cannot be paid;
22. The decrease in non-operating expenses was mainly due to compensation expenses and other decreases;
23. The decrease in minority shareholder gains and losses was mainly due to a decrease in net profit of non wholly-owned
subsidiaries;
24. The increase in the net amount of other comprehensive income after tax was mainly due to changes in the translation
differences in foreign currency statements.
II. Information of shareholders
(I) The total number of common shareholders and the number of preference shareholders with voting
rights recovered as well as the top ten shareholders
Unit: Share
Total common shareholders at the end of The total number of preference shareholders with voting
164,653 0
the report period rights recovered at end of report period (if applicable)
Particulars about the shares held by the top ten shareholders
Amount Number of share
Proportion of pledged, marked or
Nature of Amount of
Name of shareholder of shares restricted frozen
shareholder shares held
held shares Share
held Amount
status
Domestic non state-
Foresea Life Insurance Co., Ltd. – HailiNiannian 15.19% 466,386,874
owned legal person
Foresea Life Insurance Co., Ltd. – Universal Domestic non state-
3.86% 118,425,007
Insurance Products owned legal person
Domestic non state-
Foresea Life Insurance Co., Ltd. – Own Fund 2.11% 64,765,161
owned legal person
China Galaxy International Securities (Hong
Foreign legal person 1.34% 41,034,578
Kong) Co., Limited
China Merchants Securities (Hong Kong) Foreign legal person 1.12% 34,378,997
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CSG HOLDING CO., LTD. The First Quarter Report 2023
Limited
China Life Insurance Co., Ltd. - Traditional -
Other 0.96% 29,385,159
General Insurance Products - 005l-ct001 Shen
Hong Kong Securities Clearing Co., Ltd. Foreign legal person 0.81% 24,797,228
VANGUARD EMERGING MARKETS STOCK
Foreign legal person 0.64% 19,595,573
INDEX FUND
Pledged 18,980,000
Domestic non state-
Zhongshan Runtian Investment Co., Ltd. 0.62% 18,983,447 Marked 18,980,000
owned legal person
Frozen 3,447
VANGUARD TOTAL INTERNATIONAL
Foreign legal person 0.57% 17,537,213
STOCK INDEX FUND
Particulars about the top ten shareholders with unrestricted shares held
Amount of Type of shares
Name of shareholder unrestricted
shares held Type Amount
Foresea Life Insurance Co., Ltd. – HailiNiannian 466,386,874 RMB ordinary shares 466,386,874
Foresea Life Insurance Co., Ltd. – Universal Insurance Products 118,425,007 RMB ordinary shares 118,425,007
Foresea Life Insurance Co., Ltd. – Own Fund 64,765,161 RMB ordinary shares 64,765,161
China Galaxy International Securities (Hong Kong) Co., Limited 41,034,578 Domestically listed foreign shares 41,034,578
China Merchants Securities (Hong Kong) Limited 34,378,997 Domestically listed foreign shares 34,378,997
China Life Insurance Co., Ltd. - Traditional - General Insurance
29,385,159 RMB ordinary shares 29,385,159
Products - 005l-ct001 Shen
Hong Kong Securities Clearing Co., Ltd. 24,797,228 RMB ordinary shares 24,797,228
VANGUARD EMERGING MARKETS STOCK INDEX FUND 19,595,573 Domestically listed foreign shares 19,595,573
Zhongshan Runtian Investment Co., Ltd. 18,983,447 RMB ordinary shares 18,983,447
VANGUARD TOTAL INTERNATIONAL STOCK INDEX
17,537,213 Domestically listed foreign shares 17,537,213
FUND
As of the end of the report period, among shareholders as listed above,
Foresea Life Insurance Co., Ltd.-HailiNiannian, Foresea Life Insurance
Co., Ltd.-Universal Insurance Products, Foresea Life Insurance Co., Ltd.-
Own Fund are all held by Foresea Life Insurance Co., Ltd. Shenzhen
Statement on associated relationship or consistent action
Jushenghua Co., Ltd., which holds 51% equity of Foresea Life Insurance
among the above shareholders:
Co., Ltd., holds 100% equity of Zhongshan Runtian Investment Co.,Ltd
and Chengtai Group Co. Ltd., through Shenzhen Hualitong Investment Co.,
Ltd. Chengtai Group Co., Ltd. holds 40,187,904 shares through China
Galaxy International Securities (Hong Kong) Co., Limited.
Explanation on the top ten shareholders which involving
N/A
margin business (if applicable)
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CSG HOLDING CO., LTD. The First Quarter Report 2023
Special note: On July 11, 2022, at the Company's Second Extraordinary General Meeting in 2022, Foresea Life Insurance Co., Ltd.
voted in favor of all proposals, and Zhongshan Runtian Investment Co., Ltd. voted against all proposals, Chengtai Group Co., Ltd.
voted against all the proposals with the shares held by China Galaxy International Securities (Hong Kong) Co., Limited; on August
3, 2022, at the Company's Third Extraordinary General Meeting in 2022, Foresea Life Insurance Co., Ltd. voted in favor of all
proposals, and Zhongshan Runtian Investment Co., Ltd. voted against all proposals.
(II) The total number of preference shareholders of the company and particulars about the top ten
preference shareholders
□ Applicable √ Not applicable
III. Statement on other important matters
√Applicable □ Not applicable
1 .Public issuance of corporate bonds
On March 2, 2017, the 2nd Extraordinary General Meeting of Shareholders in 2017 reviewed and approved “the Proposal on the
Public Issuance of Corporate Bonds for Qualified Investors". On February 27, 2019, the First Extraordinary General Meeting of
Shareholders in 2019 The “Proposal on Extending the Validity Period of the Shareholders' Meeting for the Public Offering of
Corporate Bonds to Qualified Investors” agreed to issue corporate bonds with a total issue of no more than RMB 2 billion and a
term of no more than 10 years. On June 26, 2019, the Company received the “Approval of Approving CSG Holding Co., Ltd. to
Issue Corporate Bonds to Qualified Investors” issued by China Securities Regulatory Commission (ZJXK [2019] No. 1140). On
March 24, 2020 and March 25, 2020, the Company issued the first batch of corporate bonds with total amount of RMB 2 billion
and valid term of 3 years at the issuance rate of 6%, and completed the redemption and delisting on March 27, 2023 (the original
redemption date for this bond was March 25, 2023, but due to a statutory rest day, it was postponed to the first trading day
thereafter).
2. Guarantee situation
The 2021 Annual General Meeting of the Company reviewed and passed the Proposal for the 2022 Guarantee Plan, and agreed to
provide a total amount of not exceeding RMB16,268 million (including the effective and unexpired amount) for the 2022 credit
line from financial institutions to subsidiaries at all levels within the scope of consolidated statements (hereinafter referred to as
“all subsidiaries”). Among them, the total amount of guarantee for all subsidiaries with an asset-liability ratio below 70% shall not
exceed the equivalent amount of RMB15,018 million (including the effective and unexpired amount), and the total amount of
guarantee for all subsidiaries with an asset-liability ratio of 70% or above shall not exceed the equivalent amount of RMB1,250
million (including the effective and unexpired amount).The Company’s external guarantees are all provided for subsidiaries within
the scope of consolidated statement. As of March 31, 2023, the actual guarantee balance incurred was RMB 4674.94 million
(including RMB 291.24 million for companies with an asset liability ratio of 70% or above), accounting for 36.37% of the net
assets attributable to the parent company at the end of 2022 of RMB 12854.88 million and 18.05% of the total assets of RMB
2590.41 million. The company has no overdue guarantees.
The Company’s 2021 Annual General Meeting reviewed and passed the Proposal on the Development of Asset Pool Business in
2022. In order to achieve the overall management of the Company’s assets such as bills and letters of credit, the General Meeting
of Shareholders approved the Company and its subsidiaries to conduct asset pool business of no more than RMB800 million.
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CSG HOLDING CO., LTD. The First Quarter Report 2023
Under the premise of controllable risks, various guarantee methods such as maximum pledge, general pledge, deposit certificate
pledge, bill pledge, and margin pledge can be adopted for business development. As of March 31, 2023, the actual pledged
amount of asset pool business was 542.2131 million yuan, and the financing balance was 542.0604 million yuan.
3. Public issuance of A-share convertible corporate bonds
On July 11, 2022, the Company's 2nd Extraordinary General Meeting of Shareholders in 2022 reviewed and approved relevant
proposals on the Company's public issuance of A-share convertible corporate bonds, and agreed to issue A-share convertible
corporate bonds. The total amount of funds raised would not exceed RMB 2,800,000,000 (including RMB 2,800,000,000), with a
term of 6 years from the date of issuance.
4. Passive reduction of Southern Glass A shares held by Zhongshan Runtian Investment Co., Ltd.
On July 12, 2022, the Company received the "Notice Letter" from Chongqing Xinyu Financial Leasing Co., Ltd. (hereinafter referred
to as "Chongqing Xinyu"). According to the "Notice Letter", the Shenzhen Intermediate Court ruled to sell 67.65 million "Southern
Glass A" shares (stock code: 000012) held by Zhongshan Runtian Investment Co., Ltd. (hereinafter referred to as "Zhongshan
Runtian"). On July 27 and July 28, 2022, Chongqing Xinyu forcibly sold 36.5289 million shares of Southern Glass A held by
Zhongshan Runtian through Block trade, accounting for 1.19% of the Company's total share capital. On December 8, 2022, the
Company received a letter from shareholder Zhongshan Runtian regarding the reduction of shares. It was learned that Zhongshan
Runtian's "Southern Glass A" shares had accumulated a reduction of 31.1211 million shares from July 29, 2022 to December 7, 2022,
accounting for 1.01% of the Company's total share capital. After the passive reduction of the aforementioned shares, the number of
shares held by Zhongshan Runtian decreased from 86,633,447 shares to 18,983,447 shares, and the shareholding ratio decreased
from 2.82% to 0.62%.
5. Lawsuits
(1) Regarding the special fund of RMB 171 million for talent introduction, the Company filed an infringement compensation lawsuit
against Zeng Nan and others and Yichang Hongtai Real Estate Co., Ltd. on December 15, 2021, and Shenzhen Intermediate People's
Court officially accepted it on January 28, 2022. The first trial of the case was completed in Shenzhen Intermediate People's Court on
June 21, 2022, and is currently awaiting judgment.
(2) In September 2022, the Company received a civil lawsuit from the Nanshan District People's Court in Shenzhen. Zhongshan
Runtian Investment Co., Ltd. filed a lawsuit with the court regarding the dispute over the effectiveness of the resolution of the
Company's Second Extraordinary Shareholders' Meeting in 2022. For specific details, please refer to the "Announcement on Lawsuit
Involved by the Company" (Announcement No. 2022-056) disclosed by the Company on CNINFO. The first trial of the case was
held on February 10, 2023 in the Nanshan District Court of Shenzhen and is awaiting judgment.
6. Shenzhen Guanlong Logistics Co., Ltd.'s increases its shareholding in Southern Glass A
The Company received a notification letter from Shenzhen Guanlong Logistics Co., Ltd. (hereinafter referred to as "Guanlong
Logistics") from March 19, 2023 to March 21, 2023. It was learned that on March 17, 2023, Guanlong Logistics increased its
holdings of 160,000 shares of the Company through centralized bidding through the securities trading system of Shenzhen Stock
Exchange, accounting for 0.0052% of the total share capital of the Company. At the same time, Guanlong Logistics plans to
increase its holdings of the Company's unrestricted A-shares within six months after three trading days from the disclosure date of
the increase plan by means of centralized bidding or block trade through the trading system of Shenzhen Stock Exchange, with the
proportion of increase not less than 5% of the Company's total capital stock and not more than 6.26% of the Company's total
capital stock. On the evening of March 22, 2023, the Company disclosed the "Announcement on Shareholders' Increase of
Company Shares and Subsequent Increase Plan" (Announcement No. 2023-006).
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CSG HOLDING CO., LTD. The First Quarter Report 2023
IV. Quarterly financial statements
(I) Financial statements
1. Consolidated Balance Sheet
Prepared by CSG Holding Co., Ltd.
March 31, 2023
Unit: RMB
Item Ending balance Opening balance
Current asset:
Monetary Fund 2,214,555,137 4,604,607,779
Notes receivable 541,411,494 156,943,437
Accounts receivable 1,696,421,712 1,179,992,784
Receivables financing 916,276,417 1,095,412,643
Prepayments 210,842,851 183,629,823
Other receivables 186,479,334 193,847,322
Inventories 2,042,154,149 1,783,941,982
Non-current assets due within one year 40,000,000 20,000,000
Other current assets 188,123,840 108,248,545
Total current assets 8,036,264,934 9,326,624,315
Non-current assets:
Investment real estate 290,368,105 290,368,105
Fixed assets 12,548,990,547 11,243,236,175
Construction in progress 1,656,976,274 2,520,362,291
Right-of-use asset 9,748,177 9,908,413
Intangible assets 1,475,500,214 1,438,102,666
Development expenditure 51,791,445 46,755,816
Goodwill 8,593,352 7,897,352
Long-term prepaid expenses 5,860,172 2,647,939
Deferred tax assets 161,384,629 161,489,749
Other non-current assets 1,391,600,313 856,620,485
Total non-current assets 17,600,813,228 16,577,388,991
Total assets 25,637,078,162 25,904,013,306
Current liabilities:
Short-term borrowings 475,796,035 345,000,000
Notes payable 1,222,172,076 994,557,496
Accounts payable 2,443,169,032 2,033,542,627
Contract liability 357,825,101 418,051,975
Employee benefits payable 252,299,141 473,616,428
Taxes payable 178,935,981 161,134,638
Other payables 446,054,915 537,065,184
Incl.: Interest payable 10,028,889 99,945,325
Non-current liabilities due within one year 621,683,133 2,481,433,006
Other current liabilities 43,680,585 50,407,240
Total current liabilities 6,041,615,999 7,494,808,594
Non-current liabilities:
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CSG HOLDING CO., LTD. The First Quarter Report 2023
Long-term borrowings 5,184,512,865 4,353,589,980
Lease liabilities 3,606,656 3,564,330
Long-term accounts payable 107,669,051 129,236,878
Deferred income 436,619,775 449,875,380
Deferred income tax liabilities 96,757,064 97,266,841
Total non-current liabilities 5,829,165,411 5,033,533,409
Total Liabilities 11,870,781,410 12,528,342,003
Owners' equity:
Share capital 3,070,692,107 3,070,692,107
Capital reserve 596,997,085 596,997,085
Other comprehensive income 167,634,811 170,860,478
Special reserves 2,123,340 731,580
Surplus reserve 1,228,634,001 1,228,634,001
Undistributed profits 8,183,374,542 7,786,968,455
Total owner's equity attributable to the parent
13,249,455,886 12,854,883,706
company
Minority shareholders' equity 516,840,866 520,787,597
Total owner's equity 13,766,296,752 13,375,671,303
Total Liabilities and Owner's Equity 25,637,078,162 25,904,013,306
Legal Representative: Chen Lin, Responsible person in charge of the accounting: Wang Wenxin, Principal of the financial
department: Wang Wenxin
2. Consolidated Income Statement
Unit: RMB
Amount incurred in the report Amount incurred in the
Item
period previous period
I. Total operating revenue 4,070,673,784 2,785,709,687
Incl. :Business income 4,070,673,784 2,785,709,687
II. Total business cost 3,635,165,242 2,385,993,949
Incl.: Business cost 3,165,542,052 1,996,135,271
Taxes and surcharges 36,882,571 29,430,897
Sales expense 74,847,114 62,182,177
Management costs 160,804,139 155,690,153
Research and development expenses 161,274,469 111,661,597
Financial expenses 35,814,897 30,893,854
Incl. : Interest expense 65,810,690 43,766,699
Interest income 30,647,150 14,681,526
Plus: Other income 24,951,873 48,350,708
Investment income (“-” for loss) 756,383 8,493,186
Credit impairment loss (“-” for loss) -9,860,184 -4,406,594
Asset impairment loss (“-” for loss) 1,456
Income on disposal assets (“-” for loss) 164,780 3,067,343
III. Operational profit (“-” for loss) 451,521,394 455,221,837
Plus: non-operating income 7,959,666 1,658,098
Less: non-operating expenses 378,246 2,619,997
IV. Gross profit (“-” for loss) 459,102,814 454,259,938
Less: Income tax expenses 66,643,458 66,600,517
V. Net profit (“-” for net loss) 392,459,356 387,659,421
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CSG HOLDING CO., LTD. The First Quarter Report 2023
(I) Classification by business continuity
1. Net profit from continuous operation(“-” for net loss) 392,459,356 387,659,421
(II) Classification by ownership
1. Net profit attributable to the owner of the parent company 396,406,087 383,682,831
2. Minor shareholders’ equity -3,946,731 3,976,590
VI. Net after-tax amount of other comprehensive income -3,225,667 -539,838
Net after-tax amount of other comprehensive income
-3,225,667 -539,838
attributable to the owner of the parent company
(I) Other comprehensive income that will be reclassified
-3,225,667 -539,838
into profit or loss
1. Foreign-currency financial statement translation
-3,225,667 -539,838
difference
VII. Total comprehensive income 389,233,689 387,119,583
Total comprehensive income attributable to owners of the
393,180,420 383,142,993
Company
Total comprehensive income attributable to minority
-3,946,731 3,976,590
shareholders
VIII. Earnings per share
(I) Basic earnings per share 0.13 0.12
(II) Diluted earnings per share 0.13 0.12
Legal Representative: Chen Lin, Responsible person in charge of the accounting: Wang Wenxin, Principal of the financial
department: Wang Wenxin
3. Consolidated Cash Flow Statement
Unit: RMB
Amount incurred in the report Amount incurred in the
Item
period previous period
I. Net cash flow from business operation:
Cash received from sales of products and providing of
2,801,852,650 2,975,194,851
services
Refunds of taxes 34,104,292 6,174,213
Received other cash related to business activities 60,831,544 45,200,715
Subtotal of cash inflow from operating activities 2,896,788,486 3,026,569,779
Cash paid for the purchase of goods and services 2,100,360,348 1,997,455,533
Cash paid to and for employees 702,164,873 592,412,995
Payments of all types of taxes 256,715,266 232,790,434
Payment of other cash related to business activities 121,955,178 101,853,755
Subtotal of cash outflow from operating activities 3,181,195,665 2,924,512,717
Net cash flow from operating activities -284,407,179 102,057,062
II. Cash flows from investing activities:
Cash received from returns on investment 20,000,000 1,149,600,000
Cash received from returns on investment income 399,611 8,095,668
Net cash received from the disposal of fixed assets, intangible
65,450 978,036
assets and other long-term assets
Cash received relating to other investing activities 37,892,400
Subtotal of cash inflows from investment activities 58,357,461 1,158,673,704
Cash paid for the purchase and construction of fixed assets,
1,073,365,254 784,088,536
intangible assets and other long-term assets
Cash paid for investment 1,148,160,000
Cash paid relating to other investing activities 696,000
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CSG HOLDING CO., LTD. The First Quarter Report 2023
Subtotal of cash outflows from investing activities 5,319,802
Net cash flows from investing activities 1,074,061,254 1,937,568,338
III. Cash flow from financing activities: -1,015,703,793 -778,894,634
Cash received from the loan
Other financing-related cash received 1,126,732,597 489,156,004
Subtotal of cash inflows from financing activities 1,126,732,597 489,156,004
Cash paid for debt repayment 2,025,923,666 100,000,000
Cash paid for dividends, profits or interest payments 168,432,518 144,617,231
Payment of other cash related to financing activities 23,054,274 23,817,019
Subtotal of cash outflows from financing activities 2,217,410,458 268,434,250
Net cash flow from financing activities -1,090,677,861 220,721,754
IV. Influence of exchange rate alternation on cash and cash
-2,330,424 68,620
equivalents
V. Net increase in cash and cash equivalents -2,393,119,257 -456,047,198
Plus: Balance of cash and cash equivalents at the
4,594,018,251 2,756,477,572
beginning of term
VI. Balance of cash and cash equivalents at the end of term 2,200,898,994 2,300,430,374
Legal Representative: Chen Lin, Responsible person in charge of the accounting: Wang Wenxin, Principal of the financial
department: Wang Wenxin
(II) Report of the Auditors
Whether the First Quarter Report has been audited or not
□ Yes √ No
The First Quarter Report hasn’t been audited.
Board of Directors of
CSG Holding Co., Ltd.
26 April 2023
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