Main Text of 2015 Q3 Report of Shenzhen SEG Co., Ltd.
Stock code: 000058, 200058 Stock abbreviation: SHEN SEG, SHEN SEG B Notice No.: 2015-048
Main Text of 2015 Q3 Report of Shenzhen SEG Co., Ltd.
1
Main Text of 2015 Q3 Report of Shenzhen SEG Co., Ltd.
Chapter 1 Important Notes
The Board of Directors, Board of Supervisors, and directors, supervisors and executives of the Company shall
guarantee the authenticity, accuracy and completeness of the quarterly report and non-existence of false records,
misleading statements or major omissions and shall assume individual and/or joint liabilities.
All the directors have attended this board meeting reviewing the quarterly report.
Wang Li, person in charge of the Company, Liu Zhijun, person in charge of the accounting work and Ying
Huadong, responsible person of the accounting institution (accountant in charge) hereby declare that the Financial
Statements enclosed in this quarterly report are true, accurate and complete.
2
Main Text of 2015 Q3 Report of Shenzhen SEG Co., Ltd.
Chapter 2 Change of Major Financial Data and Shareholders
I. Main accounting data and financial indexes
Are retrospective adjustments made to previous financial statements due to accounting policy changes or accounting errors?
□ Yes √ No
Amount at end of the report Amount at end of the previous
Year-on-year increase/decrease
period year
Total assets (Yuan) 2,573,190,027.09 2,659,717,718.28 -3.25%
Net assets attributable to
shareholders of the listed company 1,443,184,484.40 1,298,970,719.85 11.10%
(Yuan)
Amount from the
Amount of the report Year-on-year beginning of the year Year-on-year
period increase/decrease to the end of this report increase/decrease (%)
period
Operating income (Yuan) 194,784,480.30 1.78% 569,339,615.91 12.18%
Net profit attributable to
shareholders of the listed company 7,280,509.44 -18.60% 42,186,643.05 -9.45%
(Yuan)
Net profit attributable to
shareholders of the listed company
6,782,338.84 -19.67% 41,480,593.15 -8.19%
after deduction of non-recurring
gains and losses (Yuan)
Net cash flow arising from
-- -- -46,276,969.45 81.99%
operating activities (Yuan)
Basic EPS (Yuan/Share) 0.0095 -16.67% 0.054 -9.09%
Diluted EPS (Yuan/Share) 0.0095 -16.67% 0.054 -9.09%
Weighted average ROE 0.93% 0.23% 5.38% 1.72%
Items of non-recurring profit and loss and related amounts:
√ Applicable □ Not applicable
Unit: RMB Yuan
Amount from the beginning
Item of the year to the end of this Remarks
report period
Gains and losses from disposal of non-current assets (including
-196,751.33 Gains on disposal of fixed assets
the write-off of assets depreciation reserves)
3
Main Text of 2015 Q3 Report of Shenzhen SEG Co., Ltd.
Amount from the beginning
Item of the year to the end of this Remarks
report period
The service industry development
fund from the Bureau of Finance
of Nantong, the Economy, and
Government subsidies recorded into current gains and losses the special funds for setting up
(except those closely related with corporate business and enjoyed 242,642.18 online SEG electronics market
according to national standards or certain quota) and SEG E-commerce platform
from the Trade and Information
Commission of Shenzhen were
acquired.
Transferred-back impairment provision for accounts receivable,
400,000.00
for which separate impairment tests are carried out
Other non-operating income and expenses except the Liquidated damages from
468,857.17
above-mentioned items defaulting tenants were collected.
Less: Amount of affected income tax 164,908.84
Amount of influence of minority shareholders’ equity (after
43,789.28
tax)
Total 706,049.90 --
An explanation shall be made with regard to the Company's considerations for defining non-recurring profit and loss according to the
Explanatory Announcement No.1 on Information Disclosure for Companies Offering Their Securities to the Public—Non-recurring
Profit and Loss and the reason of classifying the non-recurring profit and loss listed in this announcement as recurring profit and loss
items.
□ Applicable √ Not applicable
In the report period, it does not happen that the company defines the non-recurring profit and loss items defined or listed by
Interpretive Bulletin No. 1 on Information Disclosure by Companies Publicly Issuing Securities — Non-recurring Gains and Losses
as recurring profit and loss items.
II. Total number of shareholders and shareholding information of top ten shareholders at the
end of this report period
1. Total number of ordinary shareholders and shareholding information of top ten ordinary shareholders
at the end of this report period
Unit: Share
Total number of ordinary shareholders at
79,289
the end of the report period
Shareholding information of the top 10 ordinary shareholders
Nature of Shareholding Quantity of Information on pledged or frozen
Name of shareholder Total shares
shareholder percentage restricted shares shares
4
Main Text of 2015 Q3 Report of Shenzhen SEG Co., Ltd.
held Share status Quantity
Shenzhen SEG Group State-owned
30.24% 237,359,666 0 Pledged 20,179,833
Co., Ltd. legal person
Domestic natural
Liu Guocheng 0.85% 6,691,302 0
person
Domestic natural
Liu Guohong 0.43% 3,354,558 0
person
Domestic natural
Zeng Ying 0.42% 3,300,000 0
person
Overseas natural
Gong Qianhua 0.37% 2,940,000 0
person
Domestic natural
Wang Jianguang 0.29% 2,249,473 0
person
China Securities Domestic
Finance Corporation non-state-owned 0.29% 2,271,900 0
Limited legal person
Overseas legal
NORGES BANK 0.24% 1,890,226 0
person
ARROWSTREET
MULTI STRATEGY
UMBRELLA Overseas legal
0.23% 1,811,274 0
PLC-ARROWSTREET person
EMERGING
MARKET FUND III
NATIONAL
Overseas legal
AUSTRALIA BANK 0.19% 1,472,343 0
person
LTD-UNISUPER LTD
Information on top ten ordinary shareholders of non-restricted shares
Type of share
Name of shareholder Quantity of unrestricted ordinary shares held
Type of share Quantity
RMB ordinary
Shenzhen SEG Group Co., Ltd. 237,359,666 237,359,666
shares
Domestically
Liu Guocheng 6,691,302 listed foreign 6,691,302
shares
Domestically
Liu Guohong 3,354,558 listed foreign 3,354,558
shares
Zeng Ying 3,300,000 Domestically 3,300,000
5
Main Text of 2015 Q3 Report of Shenzhen SEG Co., Ltd.
listed foreign
shares
Domestically
Gong Qianhua 2,940,000 listed foreign 2,940,000
shares
Domestically
Wang Jianguang 2,249,473 listed foreign 2,249,473
shares
China Securities Finance Corporation RMB ordinary
2,271,900 2,271,900
Limited shares
Domestically
NORGES BANK 1,890,226 listed foreign 1,890,226
shares
ARROWSTREET MULTI STRATEGY Domestically
UMBRELLA PLC-ARROWSTREET 1,811,274 listed foreign 1,811,274
EMERGING MARKET FUND III shares
Domestically
NATIONAL AUSTRALIA BANK
1,472,343 listed foreign 1,472,343
LTD-UNISUPER LTD
shares
Shenzhen SEG Group Co., Ltd. (hereinafter referred to as "SEG ") has no associated
Explanations on the associated relationship with other shareholders and does not belong to the concerted action unit as
relationship or concerted action among described in the Management Methods for Disclosure of Information on Changes of
the above-mentioned shareholders Shareholding Status of Shareholders of Listed Companies. Whether the relationship exists
among other shareholders is unknown.
Information of top ten ordinary
shareholders participating in financing None
business (if any)
Whether the top ten ordinary shareholders of the Company or top ten ordinary shareholders of non-restricted shares conducted agreed
repurchase transactions in the reporting period?
□ Yes √ No
The top ten ordinary shareholders of the Company or top ten ordinary shareholders of non-restricted shares did not conduct agreed
repurchase transactions in the reporting period.
2. Total number of preferential shareholders and information of top ten preferential shareholders at the
end of this report period
□ Applicable √ Not applicable
6
Main Text of 2015 Q3 Report of Shenzhen SEG Co., Ltd.
Chapter 3 Important Matters
I. Particulars and explanations of changes in main items of accounting statements and
financial indexes in this report period
√ Applicable □ Not applicable
(I) Items on the Balance Sheet
Item Closing balance Opening balance Difference Increase/decrease of
the current year
compared with that of
the previous year (%)
Monetary funds 147,866,559.68 383,056,680.70 -235,190,121.02 -61.40%
Notes receivable 20,000.00 84,618.08 -64,618.08 -76.36%
Other accounts receivable 18,330,024.66 95,366,156.27 -77,036,131.61 -80.78%
Inventory 435,903,269.87 278,281,586.72 157,621,683.15 56.64%
Long-term equity investment 179,050,308.34 82,100,197.01 96,950,111.33 118.09%
Construction in progress 216,000.00 0 216,000.00 100.00%
Intangible assets 986,315.10 655,587.54 330,727.56 50.45%
Other non-current assets 0 4,655,063.54 -4,655,063.54 -100.00%
Short-term borrowing 396,364,194.51 189,246,687.38 207,117,507.13 109.44%
Accounts payable 99,688,085.67 200,129,651.92 -100,441,566.25 -50.19%
Payroll payable 10,036,126.45 18,858,843.33 -8,822,716.88 -46.78%
Interest payable 10,295,250.65 -10,295,250.65 -100.00%
Dividends payable 14,526,192.58 1,717,882.74 12,808,309.84 745.59%
Other current liabilities 250,000,000.00 -250,000,000.00 -100.00%
Other comprehensive income 442,719.36 231,817.05 210,902.31 90.98%
Undistributed profits 48,486,442.46 6,299,799.41 42,186,643.05 669.65%
1. The monetary capitals decreased by RMB235,190,000 Yuan compared with the period-beginning amount, a
decrease of 61.40%, mainly because:
① The principle and interest of matured debts were repaid.
② Part of capitals were put into construction of the Nantong SEG Times Square project.
2. Notes receivable decreased by RMB60,000 Yuan compared with the period-beginning amount, a decrease of
76.36%, mainly because the rental settled based on notes by Wujiang SEG Electronics Market Co., Ltd., a
share-holding company of the Company (holding 51% of shares), decreased in this report period.
7
Main Text of 2015 Q3 Report of Shenzhen SEG Co., Ltd.
3. Other receivables decreased by RMB77,040,000Yuan compared with the period-beginning amount, a decrease
of 80.78%, mainly because the Xi'an Fengdong New Town SEG Time Square Properties Co., Ltd. recovered the
land bidding deposit.
4. The inventory increased by RMB157,620,000 Yuan compared with the period-beginning amount, an increase
of 56.64%, mainly because of the project construction expenditure of Nantong SEG Times Square Co., Ltd., a
subsidiary of the Company (holding 100% of shares), in this report period.
5. The long-term equity investment increased by RMB96,950,000 Yuan compared with the period-beginning
amount, an increase of 118.09%, mainly because Shenzhen Huakong SEG Co., Ltd. (Huakong SEG, a subsidiary
of the Company, where the Company holds 20% of shares) issues shares at premium in a non-directive way and
the Company increased this project according to the equity method.
6. The construction in process increased by RMB220,000 Yuan compared with the period-beginning amount, an
increase of 100%, mainly because of information system construction expenditure of Shenzhen SEG Credit Co.,
Ltd., a subsidiary of the Company (holding 53.02% of shares), in this report period.
7. Intangible assets increased by RMB330,000 Yuan compared with the period-beginning amount, an increase of
50.45%, mainly because the Company and its subsidiaries purchased software in this report period.
8. Other non-current assets decreased by RMB 4,660,000 Yuan compared with the period-beginning amount, a
decrease of 100.00%, mainly because the prepaid electronics market engineering payment in the first half of the
year was carried over to other asset projects within this report period.
9. Short-term borrowings increased by RMB207,120,000 Yuan compared with period-beginning amount, an
increase of 109.44%, mainly because of bank loans of the Company acquired in this report period.
10. The accounts payable decreased by RMB 100,440,000 Yuan compared with the period-beginning amount, a
decrease of 50.19%, mainly because Shenzhen SEG E-Commerce Co., Ltd (hereinafter referred to as SEG
E-commerce), a subsidiary of the Company that holds 51% of shares, settled supply chain business in this report
period.
11. The wages payable decreased by RMB8,820,000 Yuan compared with the period-beginning amount, a
decrease of 46.78%, mainly because the Company paid accrued payroll of the previous year in this report period.
12. The interest payable decreased by RMB 10,300,000 Yuan compared with the period-beginning amount, a
decrease of 100.00%, mainly because the Company paid the accrued interest of the previous year in this report
period.
13. The dividends payable increased by RMB 12,810,000 Yuan compared with the period-beginning amount, an
increase of 745.59%, mainly because the dividends to be paid by Shenzhen SEG Credit Co., Ltd. (a subsidiary of
the Company) to a few shareholders increased.
14. Other current assets decreased by RMB 250,000,000 Yuan compared with the period-beginning amount, a
decrease of 100.00%, mainly because the Company paid the principal and interests of short-term financing bonds
in this report period.
8
Main Text of 2015 Q3 Report of Shenzhen SEG Co., Ltd.
15. Other comprehensive income increased by RMB210,000 Yuan compared with the period-beginning amount,
an increase 90.98%, mainly because the market value of stocks of Xinjiang Youhao Group held by Shenzhen SEG
Baohua Enterprise Development Co., Ltd. (hereinafter referred to as “SEG Baohua”, where the company holds
66.58% of shares), a subsidiary of the Company, increased.
16. Undistributed profits increased by RMB42,190,000 Yuan compared with the period-beginning amount, an
increase of 669.65%, mainly because the net profits attributable to the parent company increased in this report
period.
(II) Items in the Profit Statement
Increase/decrease
of the current year
Amount incurred in Amount incurred in
Item Difference compared with that
the current period the previous period
of the previous year
(%)
Interest income 64,800,130.44 34,403,812.13 30,396,318.31 88.35%
Service charges and commissions
3,681,632.07 108,736.67 3,572,895.40 3285.82%
income
Interest expenses 4,206,636.86 2,276,194.45 1,930,442.41 84.81%
Financial cost 4,630,265.70 7,375,517.50 -2,745,251.80 -37.22%
Loss from asset impairment 10,015,700.20 834,423.77 9,181,276.43 1100.31%
Non-operating income 1,342,743.31 2,157,508.46 -814,765.15 -37.76%
Non-operating expenses 827,995.29 267,517.42 560,477.87 209.51%
Other comprehensive income 316,765.26 -12,743.43 329,508.69 2585.71%
1. Interest income increased by RMB30,400,000 Yuan compared with the same period last year, an increase of
88.35%, mainly because of the loans of Shenzhen SEG Credit Co., Ltd., a subsidiary of the Company, increased
in this report period and the interests of the petty loan business increased accordingly.
2. Commissions increased by RMB 3,570,000 Yuan compared with the same period last year, an increase of
3,285.82%, mainly because of the loans of Shenzhen SEG Credit Co., Ltd., a subsidiary of the Company,
increased in this report period and commissions obtained from the petty loan business increased accordingly.
3. The interest expenditure increased by RMB1,930,000 Yuan compared with the same period last year, an
increase of 84.81%, mainly because the bank loans obtained by Shenzhen SEG Credit Co., Ltd., a subsidiary of
the Company, and short-term financing bonds issued by Shenzhen SEG Credit Co., Ltd. increased year on year.
As a result, the interest expenditure of loans and commission charges of issuance increased.
4. Financial expenses decreased by RMB2,750,000 Yuan compared with the same period last year, a decrease of
37.22%, mainly because the Company repaid matured short-term financing bonds in this report period. As a result,
the loan scale decreased.
9
Main Text of 2015 Q3 Report of Shenzhen SEG Co., Ltd.
5. The asset impairment loss increased by RMB 9,180,000 Yuan compared with the same period last year, an
increase of 1,100.31%, mainly because of increase of accrued loan loss of Shenzhen SEG Credit Co., Ltd., a
subsidiary of the Company, increased in this report period.
6. The non-operating income decreased by RMB810,000 Yuan compared with the same period last year, a
decrease of 37.76%, mainly because the governmental subsidy income confirmed by SEG E-commerce Co., Ltd.,
a subsidiary of the Company, decreased in this report period.
7. The non-operating income increased by RMB560,000 Yuan compared with the same period last year, an
increase of 209.51%, mainly because the liquidated damages paid by Nantong SEG Digital Square Co., Ltd., a
subsidiary of the Company (controlling 100% of shares), to tenants increased in this report period.
8. Other comprehensive income increased by RMB330,000 Yuan compared with the same period last year mainly
because the market value of stocks of Youhao Group held by SEG Baohua, a subsidiary of the Company,
increased in this report period.
(III) Items in the Cash Flow Statement
Increase/decrease
of the current year
Amount incurred in Amount incurred in the
Item Difference compared with
the current period previous period
that of the
previous year (%)
Cash received from interest and
69,806,828.06 39,743,428.36 30,063,399.70 75.64%
commissions
Tax refunds 136,078,841.72 69,010,412.27 67,068,429.45 97.19%
Net increase of loans to customers and
20,896,649.47 88,482,507.00 -67,585,857.53 -76.38%
advances
Cash paid for interest, service charges,
46,623.87 423,331.00 -376,707.13 -88.99%
and commissions
Taxes paid 75,501,049.15 119,251,625.37 -43,750,576.22 -36.69%
Cash received from withdrawal of
1,689,700,000.00 2,998,000,000.00 -1,308,300,000.00 -43.64%
investment
Cash received from investment income 14,402,007.18 24,520,510.52 -10,118,503.34 -41.27%
Net cash received from disposal of fixed
assets, intangible assets and other 34,082.50 20,300.00 13,782.50 67.89%
long-term assets
Cash paid for purchase and construction
of fixed assets, intangible assets and 14,550,969.56 8,660,217.94 5,890,751.62 68.02%
other long-term assets
Cash paid for investment 1,738,300,000.00 3,277,587,332.32 -1,539,287,332.32 -46.96%
Borrowings received 424,000,000.00 320,400,000.00 103,600,000.00 32.33%
10
Main Text of 2015 Q3 Report of Shenzhen SEG Co., Ltd.
Increase/decrease
of the current year
Amount incurred in Amount incurred in the
Item Difference compared with
the current period previous period
that of the
previous year (%)
Other cash received concerning
250,285,729.56 -250,285,729.56 -100.00%
financing activities
Cash paid for repayment of debts 466,882,492.87 130,086,320.51 336,796,172.36 258.90%
Cash paid for distribution of dividends
38,658,807.17 27,959,212.50 10,699,594.67 38.27%
and profit or repayment of interest
Other cash paid concerning financing
58,656,972.92 710,000.00 57,946,972.92 8161.55%
activities
1. Cash from charging interests, procedure fee and commission increased by RMB 30,060,000 Yuan compared
with the same period last year, an increase of 75.64%, mainly because the loan scale of SEG Credit Co., Ltd., a
subsidiary of the Company, increased in this report period and the interests of the small loan business increased
accordingly.
2. The tax refunds increased by RMB 67,060,000 Yuan compared with the same period of last year, an increase of
97.19%, mainly because the tax refunds received by SEG E-Commerce Co., Ltd., a subsidiary of the Company,
for the supply chain business increased.
3. The net increase in loans and advance to customers decreased by RMB 67,580,000 Yuan compared with the
same period last year, a decrease of 76.38%, mainly because the scale of loans issued by SEG Credit Co., Ltd., a
subsidiary of the Company, maintained at a high level in this report period and the capital available for issuing
loans decreased.
4. The interests and commissioned paid in cash decreased by RMB380,000 Yuan compared with the same period
last year, a decrease of 88.99%, mainly because the interest expenditure of SEG Credit Co., Ltd., a subsidiary of
the Company, decreased.
5. The taxes paid decreased by RMB43,750,000 Yuan compared with the same period last year, a decrease of
36.69%, mainly because the tax payment collected by electronics market enterprises for tenants decreased.
6. The cash received from investments decreased by RMB 1,308,300,000 Yuan compared with the same period
last year, a decrease of 43.64%, mainly because funds of the Company were invested in main businesses and the
investment in bank wealth management products decreased and became less frequent.
7. Cash received from income of investments decreased by RMB10,120,000 Yuan compared with the same period
last year, a decrease of 41.27%, mainly because the Company decreased investments in bank wealth management
products, as a result of which the income from bank wealth management products decreased accordingly.
11
Main Text of 2015 Q3 Report of Shenzhen SEG Co., Ltd.
8. Net amount of cash received from disposal of fixed assets, intangible assets and other long-term assets: The
cash received from disposal of waste assets increased by RMB10,000 Yuan compared with the same period of last
year.
9. The cash paid for purchase of fixed assets, intangible assets and other long-term assets increased by
RMB5,890,000 Yuan compared with the same period last year, an increase of 68.02%, mainly because the market
decoration and reconstruction expenditure of subsidiaries of the Company increased.
10. The cash paid for investment decreased by RMB 1,539,290,000 Yuan compared with the same period last year,
a decrease of 46.96%, mainly because the Company decreased the frequency and investment in bank wealth
management products in the report period.
11. The cash received from borrowings increased by RMB 103,600,000 Yuan compared with the same period last
year, an increase of 32.33%, mainly because bank loans of the Company increased in the report period.
12. The received cash related to financing activities decreased by RMB250,290,000 Yuan compared with the
same period last year, a decrease of 100%, mainly because the Company issued short-term financing bonds in the
same period last year but did not do so in this report period.
13. Cash paid for debts increased by RMB 336,800,000 Yuan compared with the same period last year, an
increase of 258.90%, mainly because the matured short-term financing bonds and bank loans repaid by the
Company and its subsidiaries increased in this report period.
14. Cash paid for distribution of dividend, profits or interest expenses increased by RMB 10,700,000 Yuan
compared with the same period last year, an increase of 38.27%, mainly because matured debts of subsidiaries of
the Company increased in this report period and interests of matured loans increased accordingly.
15. Cash paid other activities related to financing increased by RMB 57,950,000 Yuan compared with the same
period last year, an increase of 8161.55%, mainly because Shenzhen SEG E-commerce Co., Ltd., a subsidiary of
the Company, repaid borrowed funds in the report period.
II. Progress of important matters, relevant influence and analysis of solutions
√ Applicable □ Not applicable
Inquiry Index for the Websites Disclosing the
Overview of Important Matters Disclosure Date
Temporary Reports
Announcement on Approval of Listing of Shenzhen
SEG GPS Technology Co., Ltd. in China's SME Share
July 8, 2015
Transfer System disclosed on the Cninfo Website
1. Matter about listing of Shenzhen SEG
http://www.cninfo.com.cn/
GPS Technology Co., Ltd. in China's SME
Announcement on Official Listing of Shenzhen SEG
share transfer system
GPS Technology Co., Ltd. in China's SME Share
July 21, 2015
Transfer System disclosed on the Cninfo Website
http://www.cninfo.com.cn/
12
Main Text of 2015 Q3 Report of Shenzhen SEG Co., Ltd.
Inquiry Index for the Websites Disclosing the
Overview of Important Matters Disclosure Date
Temporary Reports
2. Temporary suspension of the Company’s
stock
Considering the possible significant impact
of non-public issuance completed by
Huakong SEG on the financial situation of
the Company, in order to prevent abnormal Announcement on Suspension due to Important Issues
fluctuation of the company’s stock prices July 8, 2015 disclosed by the Company on the Cninfo website
and protect interest of mass investors, the http://www.cninfo.com.cn/
company’s stock (stock code: 000058,
200058) was suspended temporarily since
July 8, 2015 upon application according to
relevant regulations of Shenzhen Stock
Exchange.
3. Resumption of the company’s stock
During suspension, the Company consulted
accounts from Da Hua Certified Public
Accountants, the annual audit agency of the
Company, as well as relevant departments,
and finally confirmed the impact of
Huakong SEG’s non-public issuance on the
financial situation of the Company. The Announcement on Resumption of Stocks disclosed by
issued price of stocks is higher than the July 14, 2015 the Company on the Cninfo website
premium generated by the par value of http://www.cninfo.com.cn/
stocks and the long-term equity investments
and capital reserve of the company need to
be adjusted. The impact was reflected in the
semi-annual report of the Company in
2015. The Company’s stock (stock code:
000058, 200058) was resumed on July 14,
2015.
Announcement on Planned Purchase of the
Company’s Stocks by Supervisors of the Company
July 9, 2015
disclosed on the Cninfo website
http://www.cninfo.com.cn/
4. Matter about purchase of the Company
Announcement on Increase of the Company’s Stocks
stocks by director, supervisors and
by Directors, Supervisors and Executives of the
executives of the Company July 17, 2015
Company disclosed on the Cninfo website
http://www.cninfo.com.cn/
Announcement on Purchase of the Company’s Stocks
July 25, 2015
by Supervisors of the Company disclosed on the
13
Main Text of 2015 Q3 Report of Shenzhen SEG Co., Ltd.
Inquiry Index for the Websites Disclosing the
Overview of Important Matters Disclosure Date
Temporary Reports
Cninfo website http://www.cninfo.com.cn/
Announcement on Purchase of the Company’s Stocks
September 10, 2015 by Supervisors of the Company disclosed on the
Cninfo website http://www.cninfo.com.cn/
5. Matter about transfer of 51% of equity of
Shenzhen SEG E-commerce Co., Ltd. held
by the Company Announcement on Transfer of 51% of Equity of
By the disclosure date of this report, Shenzhen SEG E-Commerce Co., Ltd. Held by the
July 22, 2015
relevant audit and assessment were in Company disclosed on the Cninfo website
progress. The company would fulfill the http://www.cninfo.com.cn/
obligation of information disclosure in time
according to progress of the matter.
Announcement on Establishment of SEG International
Maker Product Exhibition and Promotion Center
August 10, 2015
6. Matter about establishment of SEG disclosed on the Cninfo website
International Maker Product Exhibition and http://www.cninfo.com.cn/
Promotion Center Announcement on Acquisition of Business License by
August 19, 2015 SEG Maker Product Collection Company disclosed on
the Cninfo website http://www.cninfo.com.cn/
III. Commitments made by the Company or the shareholders holding more than 5% shares in
the report period or early period
√ Applicable □ Not applicable
Committing Commitment Commitment
Commitments Content Fulfillment
party date term
Commitment for share
reform
Commitment in the
Acquisition Report and the
Report of Changes on
Equity
Commitment made at the
time of restructuring of
major assets
Commitment made at the Shenzhen According to Article 5 of the Equity
Strict
time of initial public SEG Group Transfer Agreement signed by and July 1, 1996 Long-term
fulfillment
offerings or refinancing Co., Ltd. between the Company and SEG Group
14
Main Text of 2015 Q3 Report of Shenzhen SEG Co., Ltd.
Committing Commitment Commitment
Commitments Content Fulfillment
party date term
when the Company was listed, SEG Group
allowed the Company, its subsidiaries and
associated companies to use the eight
trademarks registered by SEG Group at
the National Trademark Bureau; SEG
Group agreed that the Company used the
aforesaid trademarks or similar signs as
the Company’s logo and used the
trademarks and signs during its operation;
the Company need not pay any fee to SEG
Group for using the aforesaid trademarks
or signs.
For the issue that there remained
competition in the same trade between the
Company and SEG Group indicated in
spot inspection by Shenzhen Securities
Supervisory Bureau, the Company
received written Commitment Letter from
SEG Group on September 14, 2007 and
Shenzhen the content was as follows: our Group has
September 14, Strict
SEG Group similar business in Shenzhen electronics Long-term
2007 fulfillment
Co., Ltd. market with Shenzhen SEG Co., Ltd.
(Shenzhen SEG), which is caused due to
historical reasons and has objective market
development background. Our Group
hereby promises that we will not
individually operate a market having
similar business to that of Shenzhen SEG
in one city."
The 6th interim meeting of the 5th Board of From
Directors held on January 26, 2011 January 1,
reviewed and approved the Proposal of 2011 to
Solving the Horizontal Competition January 31,
between the Company and Its Controlling 2015.
Shenzhen
Shareholder. After friendly consultation, January 26, Calculation Strict
SEG Group
SEG Group agreed to entrust the Company 2011 is based on fulfillment
Co., Ltd.
to operate and manage with full authority five years.
SEG Communications Market under direct By the end
management of SEG Group. Therefore, of the report
the two parties have signed the period, the
entrustment operation and management contract
15
Main Text of 2015 Q3 Report of Shenzhen SEG Co., Ltd.
Committing Commitment Commitment
Commitments Content Fulfillment
party date term
contract, and SEG Group will pay the term is from
Company RMB 200,000 Yuan as entrust February 1,
management expenses. 2015 to
January 31,
2016.
Based on the confidence in the
development prospect for Chinese
economy and the future of Shenzhen SEG
Co., Ltd., in order to jointly maintain
Shenzhen
stability of the capital market and promote Strict
SEG Group July 9, 2015 12 months
continuous, stable and healthy fulfillment
Co., Ltd.
development of the Company, SEG Group
made the following commitments that the
Group will not decrease its stocks of
Shenzhen SEG within 12 months.
Based on the confidence in the prospect of
the Company’s future development and
Other commitments made to the reasonable assessment of the value of
the medium and small the Company’s stocks, in order to promote
shareholders of the the sustainable, stable and healthy
Company development, the Company’s directors,
Directors, supervisors and executives made the
supervisors following commitments that they will use
and their own funds to purchase or increase the Strict
July 9, 2015 Six months
executives Company’s shares from the secondary fulfillment
of the market within six months after resumption
Company of the Company’s stocks, and not to
decrease their holding of the Company’s
shares during the stipulated period. They
also promised that they will not conduct
any insider transactions, buy or sell shares
of the Company or conduct short-wing
trading in sensitive periods.
Whether commitments were
Yes
fulfilled on time
Reason for not fulfilling the
commitments and future None
plan (if applicable)
16
Main Text of 2015 Q3 Report of Shenzhen SEG Co., Ltd.
IV. Estimation of the business performance in 2015
Warning and reasons for forecasts on loss of the accumulated net profit from the year beginning to the end of next period or sharp
year-on-year changes in net profit.
□ Applicable √ Not applicable
V. Investment in securities
√ Applicable □ Not applicable
Share-holding
Short form Initial Shares held Initial Shares held Gains and Source
proportion at Ending book Accounting
Stock type Stock code of the investment cost at period shareholding at period losses in the of
period end value item
security (Yuan) beginning percentage end report period shares
(%)
Financial
Youhao assets Initial
Share 600778 90,405.00 60,683 0.04% 60,683 0.04% 976,996.30 0.00
Group available share
for sale
Long-term
Huakong Initial
Share 000068 279,307,046.38 201,345,033 22.45% 201,345,033 20.00% 176,024,036.87 -4,315,591.15 equity
SEG share
investment
Total 279,397,451.38 201,405,716 -- 201,405,716 -- 177,001,033.17 -4,315,591.15 -- --
VI. Equity of other listed companies held by the Company
□ Applicable √ Not applicable
The Company does not hold the equity of other listed companies within the report period.
VII. Investment in derivatives
□ Applicable √ Not applicable
No investment in derivatives is involved within the report period.
VIII. Registration form for investigations, communication and Interviews in the reporting
period
√ Applicable □ Not applicable
Main Content of Discussion
Time Place Means Type Object
and the Materials Provided
Inquired about operating
conditions of the Company
July 2, 2015 At the Company Phone call Individual Investors (20)
and whether continuous
drop of stock prices is
17
Main Text of 2015 Q3 Report of Shenzhen SEG Co., Ltd.
Main Content of Discussion
Time Place Means Type Object
and the Materials Provided
abnormal. The Company
made a reply that the
operation was normal and
no information that shall be
disclosed was concealed.
Inquired about whether
continuous drop of the
Company’s stock prices was
July 6, 2015 At the Company Phone call Individual Investors (20) abnormal and whether any
protective measure was take
and urged the Company to
suspend the stock.
Investors (more Urged the Company to
July 7, 2015 At the Company Phone call Individual
than 20) suspend the stock.
Investors (more Urged the Company to
July 8, 2015 At the Company Phone call Individual
than 20) suspend the stock.
Inquired about the
July 10, 2015 At the Company Phone call Individual Investors (8) resumption date of the
Company’s stock.
Inquired about transfer of
SEG E-commerce’s equity.
July 22, 2015 At the Company Phone call Individual Investors (5)
The company replied based
on the announcement.
Inquired about purchase of
the Company’s stocks by
directors, supervisors and
July 25, 2015 At the Company Phone call Individual Investor executives of the Company.
The Company asked them
to refer to disclosed
announcements.
Inquired about the number
of shareholders till July 31.
The Company replied
August 3, 2015 At the Company Phone call Individual Investor according to the register of
shareholders issued by the
Securities Depository and
Clearing Corporation.
Inquired about progress of
August 10, 2015 At the Company Phone call Individual Investor transfer of SEG
E-commerce’s equity. The
18
Main Text of 2015 Q3 Report of Shenzhen SEG Co., Ltd.
Main Content of Discussion
Time Place Means Type Object
and the Materials Provided
Company informed the
specific progress of the
matter and timely
performed the obligation of
information disclosure.
Inquired about purchase of
the Company’s stocks by
directors, supervisors and
August 18, 2015 At the Company Phone call Individual Investor executives of the Company.
The Company asked them
to refer to disclosed
announcements.
Inquired about purchase of
the Company’s stocks by
directors, supervisors and
August 25, 2015 At the Company Phone call Individual Investor executives of the Company.
The Company asked them
to refer to disclosed
announcements.
Inquired about the number
of shareholders till August
31. The Company replied
September 2, 2015 At the Company Phone call Individual Investor according to the register of
shareholders issued by the
Securities Depository and
Clearing Corporation.
Inquired about specific
operating conditions in Q3.
The Company suggested
September 15, 2015 At the Company Phone call Individual Investor
investors to focus on the
2015 Q3 Report to be
disclosed.
IX. Violating External Guarantee Issues
□ Applicable √ Not applicable
No violating external guarantee issue is involved in the report period.
X. Non-operating Capital Occupation on the Listed Company by the Controlling Shareholders and Related
Parties
19
Main Text of 2015 Q3 Report of Shenzhen SEG Co., Ltd.
□ Applicable √ Not applicable
No non-operating capital occupation on the listed company by the controlling shareholders and related parties is involved in the
report period.
20
