Body of Q3 2020 Report of Shenzhen SEG Co., Ltd.
Stock code: 000058, 200058 Notice No.:2020-084
Stock abbreviation: SHEN SEG, SHEN SEG B
Body of Q3 2020 Report of
Shenzhen SEG Co., Ltd.
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Body of Q3 2020 Report of Shenzhen SEG Co., Ltd.
Section I. Important Notes
Board of Directors and the Supervisory Committee of Shenzhen SEG Co., Ltd.
(hereinafter referred to as the Company) and its directors, supervisors and
senior executives hereby confirm that there are no any fictitious statements,
misleading statements, or important omissions carried in this report, and shall
take all responsibilities, individual and/or joint, for the reality, accuracy and
completion of the whole contents.
All directors of the Company are attended the Meeting for quarterly report
deliberation.
Zhangliang, Principal of the Company; Yan Dongxia, Person in Charge of
Accounting Work; Wang Lei, Person in Charge of Accounting Organization
(Accounting Officer) hereby confirm that the Financial Report of the Third
Quarterly Report is authentic, accurate and complete.
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Body of Q3 2020 Report of Shenzhen SEG Co., Ltd.
Section II. Basic information of Company
I. Main accounting data and index
Whether it has retroactive adjustment or re-statement on previous accounting data or not
□Yes √No
Current period-end Period-end of last year Increase/decrease
Total assets (RMB) 5,828,666,628.54 6,190,598,894.81 -5.85%
Net assets attributable to
shareholders of listed company 1,950,728,114.63 1,899,384,178.95 2.70%
(RMB)
Increase/decrease in
Increase/decrease in
comparison with
comparison with Year-begin to end of
Current period year-begin to
same period of last the Period
Period-end of last
year
year
Operating revenue (RMB) 301,827,368.72 -13.29% 1,078,720,419.17 -3.13%
Net profit attributable to
shareholders of the listed 34,247,890.09 26.98% 93,318,718.92 -15.36%
company (RMB)
Net profit attributable to
shareholders of the listed
company after deducting 13,451,259.45 -9.13% 54,129,420.41 22.94%
non-recurring gains and losses
(RMB)
Net cash flow arising from
102,532,507.71 439.18% 153,056,581.83 51.52%
operating activities (RMB)
Basic earnings per share
0.0277 27.06% 0.0755 -15.36%
(RMB/Share)
Diluted earnings per share
0.0277 27.06% 0.0755 -15.36%
(RMB/Share)
Weighted average ROE 1.74% 0.32% 4.82% -0.99%
Items and amount of extraordinary profit (gains)/losses
√Applicable □Not applicable
In RMB
Amount from year-begin to
Item Note
end of the Period
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Body of Q3 2020 Report of Shenzhen SEG Co., Ltd.
Gains/losses from the disposal of non-current asset (including
20,875,516.77 Selling the Huakong SEG stock
the write-off that accrued for impairment of assets)
Governmental subsidy reckoned into current gains/losses (not
including the subsidy enjoyed in quota or ration according to
9,412,190.54
national standards, which are closely relevant to enterprise’s
business)
Capital occupation fee charged to non-financial enterprises
1,309,925.26
included in current profit and loss
Gains/losses from entrusted investment or assets management 20,865,258.75 Profit of financial product
Trustee fee from entrusted operation 114,091.90
Other non-operating income and expenditure except for the
2,211,510.93
aforementioned items
Other items conforming to the definition of non-recurring profit
2,045,625.17
and loss
Less: impact on income tax 13,896,655.96
Impact on minority shareholders’ equity (post-tax) 3,748,164.85
Total 39,189,298.51 --
Concerning the extraordinary profit (gain)/loss defined by Q&A Announcement No.1 on Information Disclosure for Companies
Offering Their Securities to the Public --- Extraordinary Profit/loss, and the items defined as recurring profit (gain)/loss according to
the lists of extraordinary profit (gain)/loss in Q&A Announcement No.1 on Information Disclosure for Companies Offering Their
Securities to the Public --- Extraordinary Profit/loss, explain reasons
□ Applicable √ Not applicable
In reporting period, the Company has no particular about items defined as recurring profit (gain)/loss according to the lists of
extraordinary profit (gain)/loss in Q&A Announcement No.1 on Information Disclosure for Companies Offering Their Securities to
the Public --- Extraordinary Profit/loss.
II. Statement of the total shareholders and shares-held of top ten shareholders at end of the
Period
1. Common and preferred stockholders with voting rights recover and the top ten share-holding
In Share
Total preferred stockholders
Total common shareholders at the with voting rights recover at
80,480 0
end of report period the end of report period (if
applicable)
Top ten shareholders
Amount of Number of share pledged/frozen
Nature of Proportion of Amount of
Shareholders restricted
shareholder shares held shares held State of share Amount
shares held
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Body of Q3 2020 Report of Shenzhen SEG Co., Ltd.
Shenzhen SEG State-owned
56.70% 700,618,759 450,857,239
Group Co., Ltd. corporate
LI SHERYN Overseas
0.73% 9,063,952
ZHAN MING natural person
Domestic
Liu Guocheng 0.59% 7,250,502
natural person
Domestic
Hou Xiulan 0.41% 5,100,000
natural person
Domestic
Yang Fan 0.32% 3,977,000
natural person
Domestic
Liu Guohong 0.28% 3,399,903
natural person
Overseas
Gong Qianhua 0.24% 2,940,000
natural person
China
Securities Domestic
Finance non-state legal 0.18% 2,271,900
Corporation person
Limited
Domestic
Xie Zhenghao 0.18% 2,236,501
natural person
Hong Kong
Securities
Foreign legal
Clearing 0.18% 2,169,437
person
Company
Limited
Particular about top ten shareholders with un-restrict shares held
Type of shares
Shareholders Amount of un-restrict common shares held
Type Amount
RMB common
Shenzhen SEG Group Co., Ltd. 249,761,520 249,761,520
shares
Domestically
LI SHERYN ZHAN MING 9,063,952 listed foreign 9,063,952
shares
Domestically
Liu Guocheng 7,250,502 listed foreign 7,250,502
shares
RMB common
Hou Xiulan 5,100,000 5,100,000
shares
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Body of Q3 2020 Report of Shenzhen SEG Co., Ltd.
RMB common
Yang Fan 3,977,000 3,977,000
shares
Domestically
Liu Guohong 3,399,903 listed foreign 3,399,903
shares
Domestically
Gong Qianhua 2,940,000 listed foreign 2,940,000
shares
China Securities Finance RMB common
2,271,900 2,271,900
Corporation Limited shares
RMB common
Xie Zhenghao 2,236,501 2,236,501
shares
Hong Kong Securities Clearing RMB common
2,169,437 2,169,437
Company Limited shares
Explanation on related Shenzhen SEG Group Co., Ltd. has no association relationship with other shareholders and
relationship or concerted action is not a person acting in concert with other shareholders as specified in the Management
among the above mentioned Methods for Disclosure of Information on Changes in Shareholding Status of Shareholders
shareholders of Listed Companies. It is unclear whether other shareholders are persons acting in concert.
Explanation on top 10 In the foregoing top 10 shareholders, Xie Zhenghao holds 560,100 share of the Company in
shareholders involving margin the ordinary account and 1,676,401 shares in the margin trading investor credit account,
business (if applicable) which are 2,236,501 shares of the Company in total.
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 of shareholders with preferred stock held and the top ten shareholdings
□Applicable √Not applicable
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Body of Q3 2020 Report of Shenzhen SEG Co., Ltd.
Section III. Important events
I. Particular about major changes from items of main accounting statements and financial
indexes as well as reasons
√ Applicable □Not applicable
(i) Consolidate Balance Sheet
In RMB
Increase or decrease
Item Closing balance Opening balance Difference over the previous year
(%)
Note receivable 4,133,400.00 7,637,000.00 -3,503,600.00 -45.88%
Account receivable 85,133,758.72 46,742,740.72 38,391,018.00 82.13%
Other receivable 70,452,610.21 53,999,926.45 16,452,683.76 30.47%
Wages payable 44,699,132.28 67,138,794.88 -22,439,662.60 -33.42%
Non-current liability due within 411,000,000.00 289,044,403.94 121,955,596.06 42.19%
one year
Long-term loans 482,500,000.00 781,817,739.49 -299,317,739.49 -38.28%
Deferred income 3,566,918.34 5,163,798.28 -1,596,879.94 -30.92%
1. Note receivable: decreased 3,503,600 Yuan over that of period-begin with 45.88% down, mainly due to the acceptance of note
receivable in the Period.
2. Account receivable: increased 38,391,018 Yuan over that of period-begin with 82.13% up, mainly due to the means of payments
for property management business.
3. Other receivable: increased 16,452,683.76 Yuan over that of period-begin with 30.47% up, mainly due to the increase of
operational contacts.
4. Wages payable: decreased 22,439,662.60 Yuan over that of period-begin with 33.42% down, mainly due to the payment of wages
in the Period.
5. Non-current liability due within one year: increased 121,955,596.06 Yuan over that of period-begin with 42.19% up, mainly due to
the increase of long-term loans due within one year.
6. Long-term loans: decreased 299,317,739.49 Yuan over that of period-begin with 38.28% down, mainly because part of the
long-term loans is paid in the Period.
7. Deferred income: decreased 1,596,879.94 Yuan over that of period-begin with 30.92% down, mainly because part of the deferred
income is carried forward in the Period.
(II) Consolidate Profit Statement
In RMB
Amount of the current Amount of the previous Increase or decrease over
Item Difference
period period the previous year (%)
Taxes and surcharge 77,116,160.93 49,262,755.54 27,853,405.39 56.54%
Other income 11,457,815.71 5,720,879.15 5,736,936.56 100.28%
Investment income 30,119,271.57 76,745,625.33 -46,626,353.76 -60.75%
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Body of Q3 2020 Report of Shenzhen SEG Co., Ltd.
Income tax expenses 51,976,350.33 76,293,559.52 -24,317,209.19 -31.87%
1. Taxes and surcharge: an increase of 27,853,405.39 Yuan over the same period last year with 56.54% up, mainly because VAT for
lands is increased in the Period.
2. Other income: an increase of 5,736,936.56 Yuan over the same period last year with 100.28% up, mainly due to the increase of
government subsidy received in the Period.
3. Investment income: a decrease of 46,626,353.76 Yuan over the same period last year with 60.75% down, mainly because income
from selling the Huakong SEG stock decreased on a y-o-y basis.
4. Income tax expenses: a decrease of 24,317,209.19 Yuan over the same period last year with 31.87% down, mainly because total
profit in the Period declined.
(III) Consolidate Cash Flow
Statement
In RMB
Amount of the Increase or decrease over
Item Amount of the current period Difference
previous period the previous year (%)
Net cash flow arising from 153,056,581.83 101,017,368.07 52,039,213.76 51.52%
operation activity
Net cash flow arising from 86,943,802.70 -628,918,862.22 715,862,664.92 113.82%
investment activity
Net cash flow arising from -304,096,806.23 -440,926,712.55 136,829,906.32 31.03%
financing activity
Net increase of cash and cash -64,096,421.70 -968,827,781.68 904,731,359.98 93.38%
equivalent
1. Net cash flow arising from operation activity: an increase of 52,039,213.76 Yuan over the same period last year with 51.52% up,
mainly because operational expenditure declined in the Period.
2. Net cash flow arising from investment activity: an increase of 715,862,664.92 Yuan over the same period last year with 113.82%
up, mainly because bank financial collected in the Period increased on a y-o-y basis.
3. Net cash flow arising from financing activity: an increase of 136,829,906.32 Yuan over the same period last year with 31.03% up,
mainly because the net external financing amount increased on a y-o-y basis.
4. Net increase of cash and cash equivalent: an increase of 904,731,359.98 Yuan over the same period last year with 93.38% up,
mainly because the net cash flow arising from operation activity, investment activity and financing activity are increased in the
Period.
II. Progress of significant events, their influences, and analysis and explanation of their
solutions
√ Applicable □Not applicable
There are no other major events than major events in the following table.
Overview Disclosure date Query index for interim notice
Juchao website:
1. 55% equity of Xi’an Kanghong http://www.cninfo.com.cn/(Resolution of
transfer through public listing by SEG 4 July 2020 the 10th extraordinary Meeting of 8th
Property BOD and Notice on Planning on transfer
55% equity of Xi’an SEG Kanghong
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Body of Q3 2020 Report of Shenzhen SEG Co., Ltd.
Property Co., Ltd. through public listing
by controlling subsidiary and with
related transactions concerned )
Juchao website:
http://www.cninfo.com.cn/(Notice on
17 July 2020
Replying the Letter of Concern from
Shenzhen Stock Exchange)
Juchao website:
http://www.cninfo.com.cn/ (Notice on
the Assets Appraisal Report Obtained a
4 August 2020
Filed by Shenzhen SASAC-resulted by
the equity transfer of controlling
subsidiary)
Juchao website:
http://www.cninfo.com.cn/ ( Resolution
7 August 2020
of the 4th extraordinary shareholders
general meeting of 2020)
Juchao website:
http://www.cninfo.com.cn/ (Notice on
10 July 2020 Release of Seizure for part of the
Property from controlling
sub-subsidiary)
Juchao website:
http://www.cninfo.com.cn/ (Notice on
12 August 2020 Receiving the ‘Enforcement Ruling’ and
‘Notice to Assist in Enforcement’ by
2.Litigation of SEG New City and
subordinate enterprise)
relevant progress
Juchao website:
http://www.cninfo.com.cn/ (Notice on
16 September 2020
Litigation Progress of the controlling
sub-subsidiary)
Juchao website:
http://www.cninfo.com.cn/
23 October 2020 （Announcement on Receipt of the
“Notice of Additional Third Party” by
subordinate consolidated enterprises）
Juchao website:
http://www.cninfo.com.cn/ ( Indicative
23 May 2020
3. Progress of the free transfer of Announcement on Free Transfer of
state-owned property rights State-owned Property Rights)
Juchao website:
14 August 2020
http://www.cninfo.com.cn/ ( Progress of
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Body of Q3 2020 Report of Shenzhen SEG Co., Ltd.
the Free Transfer of State-owned
Property Rights)
4. Adjustment of the development Juchao website:
th
strategy committee members for 8 25 August 2020 http://www.cninfo.com.cn/ ( Resolution
BOD of 3rd session of 8th BOD)
Juchao website:
http://www.cninfo.com.cn/ (Resolution
of the 12th extraordinary Meeting of 8th
10 September 2020
BOD and Notice on Reducing the Stock
5. Reducing the stock of Shenzhen of Shenzhen Huakong SEG Co., Ltd.
Huakong SEG Co., Ltd. held by the Company)
Juchao website:
http://www.cninfo.com.cn/ ( Resolution
26 September 2020
of the 5th extraordinary shareholders
general meeting of 2020)
Juchao website:
http://www.cninfo.com.cn/ ( Notice on
4 March 2020 Reducing the Stock of Shenzhen
Huakong SEG Co., Ltd. held by the
Company)
Juchao website:
http://www.cninfo.com.cn/ ( Progress of
16 May 2020 Reducing the Stock of Shenzhen
Huakong SEG Co., Ltd. held by the
6. Reducing the stock of Shenzhen Company)
Huakong SEG Co., Ltd. Juchao website:
http://www.cninfo.com.cn/ ( Progress of
29 June 2020 Reducing the Stock of Shenzhen
Huakong SEG Co., Ltd. held by the
Company)
Juchao website:
http://www.cninfo.com.cn/
29 September 2020 ( Implementation of Reducing the Stock
of Shenzhen Huakong SEG Co., Ltd.
held by the Company)
Juchao website:
http://www.cninfo.com.cn/ (Resolution
7. Further implementation of rent of the 13th extraordinary Meeting of 8th
reduction and exemption in response to 29 September 2020 BOD and Notice on further
the COVID-19 implementation of rent reduction and
exemption in response to the COVID-19
and some exemption objects involve
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Body of Q3 2020 Report of Shenzhen SEG Co., Ltd.
related transactions)
Progress of shares buy-back
□Applicable √Not applicable
Implementation progress of the reduction of repurchases shares by centralized bidding
□Applicable √Not applicable
III. Commitments that the actual controller, shareholders, related parties, purchaser and
the company have fulfilled during the reporting period and have not yet fulfilled by the end of
reporting period
√ Applicable □ Not applicable
Commitment Made by Type Content Time Duration Fulfillment
Commitment for Not
share reform applicable
Commitments in
the Acquisition
Report and the Not
Report of applicable
Changes on
Equity
Relevant renewal matters of the three
buildings (SEG Industry Building,
SEG Economic Building and Kangle
Industry Building) found more in item
17 of the “13. Commitments made by
Commitments Shenzhen the parties with the transaction 3
made during SEG Other Long-term Extended
concerned” under “Major Matters” August
major assets Group Co., commitment effective performance
contain in the Notice (Shares Issuance 2016
restructuring Ltd
and Pay Cash to Purchase Assets and
Raise Supporting Funds & Report on
Related Transactions (Revised))
released on Juchao Website dated
January 18th 2017.
Commitment
made at the time
Not
of initial public
applicable
offerings or
refinancing
Commitment on Not
equity incentives applicable
Other Not
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commitments applicable
made to small and
medium-sized
shareholders of
the Company
Commitments
fulfilled as No
scheduled or not
If commitments
are not fulfilled as The Company has applied for extension of the license for the said property after expiration and submitted
scheduled, specify application materials to the relevant competent authority for approval. Up to now, there has been no loss to the
the reasons and listed company caused by the matter, and there is no need for SEG group to compensate.
further work plans
IV. Financial asset investment
1. Particular about security investment
√ Applicable □Not applicable
In RMB
Chan
ges in Profit
Book Cumu
Acco fair Curre and Book
Short value lative Curre
Variet Code Initial unting value nt loss value Acco
form at the fair nt Sourc
y of of invest measu of the purch in the at the unting
of ment begin value sales e of
securi securi remen curren ase Repor end of subjec
securit cost ning chang amou stock
ties ties t t amou ting the t
ies of the es in nt
model profit nt Perio period
period equity
and d
loss
Dome
Meas
stic Self-o
Youha ured
and 60077 90,40 329,5 -22,4 307,0 Other wned
o by 0.00 0.00 0.00
overs 8 5.00 08.69 52.71 55.98 assets capita
Group fair
eas l
value
shares
Dome
Meas
stic Self-o
Huako 171,7 ured 131,9 -4,427 -12,04 124,2
and 00006 -145. Other wned
ng 69,89 by 07,39 0.00 ,061.0 8,941. 85,37
overs 8 78 assets capita
SEG 4.20 fair 6.90 8 83 0.37
eas l
value
shares
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Body of Q3 2020 Report of Shenzhen SEG Co., Ltd.
Meas
Dome ureme
stic nt Self-o
SEG 8,275, 13,51 13,51
and 83277 with Other wned
Navig 321.4 5,392. 0.00 0.00 0.00 5,392.
overs 0 the assets capita
ations 3 83 83
eas cost l
shares metho
d
180,1 145,7 -4,427 -12,04 138,1
-22,5
Total 35,62 -- 52,29 0.00 0.00 ,061.0 8,941. 07,81 -- --
98.49
0.63 8.42 8 83 9.18
Disclosure date of
securities investment
approval from the Board
Disclosure date of the
announcement on
approval of securities
investments by the
General Meeting (if
applicable)
2. Particulars about derivatives investment
□ Applicable √ Not applicable
The Company had no derivatives investment in Period.
V. Progress of investment projects with raised funds
□ Applicable √ Not applicable
VI. Prediction of 2020 business performance
Estimation on 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 on reason
□ Applicable √ Not applicable
VII. Major contracts for daily operations
□ Applicable √ Not applicable
VIII. Trust financing
√ Applicable □Not applicable
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In 10 thousand Yuan
Type Capital resources Amount for entrust Balance un-expired Overdue amount
Bank financing
Self-owned capital 81,821.1 74,181.1 0
product
Total 81,821.1 74,181.1 0
Details of the single major amount, or high-risk trust investment with low security, poor fluidity and non-guaranteed:
□ Applicable √ Not applicable
Entrust financial expected to be unable to recover the principal or impairment might be occurred
□ Applicable √ Not applicable
IX. Guarantee outside against the regulation
□Applicable √Not applicable
The Company had no guarantee outside against the regulation in the reporting period.
X. Non-operational fund occupation from controlling shareholders and its related party
□ Applicable √ Not applicable
The Company had no non-operational fund occupation from controlling shareholders and its related party.
XI. Registration form of receiving research, communication and interview in the report
period
√ Applicable □Not applicable
The main
content of the
Index of the basic
Reception Reception Reception Reception discussion and
Reception way situation of the
time location object type object the
survey
information
provided
Telephone Ask the
July 13, 2020 The Company communicatio Personal Investors number of /
n shareholders
Telephone Ask about
July 16, 2020 The Company communicatio Personal Investors company /
n announcement
Understand
Telephone
the company's
July 17, 2020 The Company communicatio Personal Investors /
strategic
n
development
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Body of Q3 2020 Report of Shenzhen SEG Co., Ltd.
Telephone Ask the
July 21, 2020 The Company communicatio Personal Investors number of /
n shareholders
Telephone Ask the
August 3,
The Company communicatio Personal Investors number of /
2020
n shareholders
Telephone Ask about the
August 19,
The Company communicatio Personal Investors company's /
2020
n operations
Understand
Telephone
August 25, the company's
The Company communicatio Personal Investors /
2020 strategic
n
development
Telephone Ask about the
August 26,
The Company communicatio Personal Investors company's /
2020
n stock price
Telephone Ask about the
August 28,
The Company communicatio Personal Investors company's /
2020
n stock price
Telephone Ask about the
August 31,
The Company communicatio Personal Investors company's /
2020
n stock price
Telephone Ask about the
August 31,
The Company communicatio Personal Investors company's /
2020
n stock price
Telephone Ask about the
August 31,
The Company communicatio Personal Investors business /
2020
n development
Telephone Ask about the
September 7,
The Company communicatio Personal Investors company's /
2020
n stock price
Telephone Ask about the
September 25,
The Company communicatio Personal Investors business /
2020
n development
Telephone Ask about
September 29,
The Company communicatio Personal Investors company /
2020
n announcement
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