2023 Q3 Report of Zhejiang Dahua Technology Co., Ltd.
Stock Code: 002236 Stock Abbreviation: Dahua Notification No.: 2023-101
Zhejiang Dahua Technology Co., Ltd.
2023 Q3 Report
The Company and all members of the Board of Directors hereby guarantee that the information disclosed herein
is authentic, accurate and complete and free of any false records, misleading statements, or material omissions.
Important Notice:
1. The Board of Directors, Board of Supervisors, directors, supervisors and senior management members of the
Company hereby guarantee that the information presented in this quarterly report is authentic, accurate, complete and
free of any false records, misleading statements or material omissions, and they will bear joint and several liability for
such information.
2. The Company's legal representative, chief accountant, and person in charge of accounting institution (Accounting
Officer) hereby declare and warrant that the financial statements in the quarterly report are authentic, accurate, and
complete.
3. Whether the Q3 Report has been audited.
□ Yes No
This document is a translated version of the Chinese version 2023 Q3 report ("2023 年第三季度报告"),
and the published Q3 Report in the Chinese version shall prevail.
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2023 Q3 Report of Zhejiang Dahua Technology Co., Ltd.
I. Key Financial Data
(I) Key Accounting Data and Financial Indicators
Whether the Company needs retroactive adjustment or restatement of accounting data in prior years or not
□ Yes No
Increase/Decrease of
Increase/Decrease of the Period from the
the Current From the Beginning Beginning of the Year
Current Reporting Reporting Period of the Year to the to the End of the
Period Compared with the End of the Current Current Reporting
Same Period of the Reporting Period Period Compared
Previous Year with the Same Period
of the Previous Year
Operating revenue
7,644,936,763.40 7.91% 22,278,484,044.04 5.23%
(RMB)
Net profit attributable
to shareholders of
614,113,966.50 254.46% 2,590,132,339.63 52.98%
the listed Company
(RMB)
Net profit attributable
to shareholders of
the listed company
647,597,255.16 97.31% 2,402,367,085.12 51.68%
after deducting non-
recurring gains and
losses (RMB)
Net cash flow
generated by
— — 1,325,252,238.48 250.02%
operational activities
(RMB)
Basic earnings per
0.19 216.67% 0.82 43.86%
share (RMB/share)
Diluted earnings per
0.19 216.67% 0.82 43.86%
share (RMB/share)
Weighted average
1.88% 1.17% 8.52% 1.55%
ROE
At the End of the Increase/Decrease at the End of the Current
At the End of the
Current Reporting Reporting Period Compared with the End of
Previous Year
Period the Previous Year
Total assets (RMB) 48,741,707,945.91 46,252,893,804.54 5.38%
Owners' equity
attributable to
shareholders of the 32,765,862,720.81 25,836,798,918.61 26.82%
listed company
(RMB)
(II) Non-recurring Gains or Losses and Their Amounts
Applicable □ Not applicable
Unit: RMB
Amount from the Beginning
Amount in the Current
Item of the Year to the End of Note
Reporting Period
the Reporting Period
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2023 Q3 Report of Zhejiang Dahua Technology Co., Ltd.
Profits or losses from
disposal of non-current
assets (including the write-
886,195.97 175,572,225.10
off for the accrued
impairment provision of
assets)
The government subsidies
included in the current
profits and losses
(excluding the government
subsidies closely related to
regular businesses of the 28,230,031.47 97,391,859.17
Company, in line with
national policies, and
consecutively received by
a standard quota or
quantity)
Gains or losses from
investment or asset
-25,246,219.94 18,053,075.23
management entrusted to
others
Gains or losses from debt
-31,196.84 -31,196.84
restructuring
Profits and losses resulting
from the changes in fair
value for holding trading
financial assets and trading
financial liabilities, and
investment income from
disposal of trading financial
assets, trading financial -37,015,955.06 22,868,289.08
liabilities, and financial
assets available for trading,
excluding the effective
hedging businesses related
to the regular business
operation of the Company
Reversal of the receivables
impairment provision for 4,513.91
separate impairment test
Non-Operating Revenue
and expenses other than -447,826.02 3,065,574.77
the above
Other gains and losses
items that fit the definition
9,663,729.60 -45,338,804.18
of non-recurring gains and
losses
Less: Impact of income tax -1,256,151.27 71,627,012.27
Impact of minority
10,778,199.11 12,193,269.46
equity (after tax)
Total -33,483,288.66 187,765,254.51 --
Other gains or losses that fit the definition of non-recurring gains or losses:
□ Applicable Not applicable
The Company has no other gains or losses that fit the definition of non-recurring gains or losses.
Note for the definition of non-recurring gains and losses listed in the No. 1 Explanatory Announcement on Information
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2023 Q3 Report of Zhejiang Dahua Technology Co., Ltd.
Disclosure for Companies Issuance Their Securities to the Public - Non-recurring gains and losses, as recurring gains
and losses.
□ Applicable Not applicable
The Company did not define any non-recurring gains and losses listed in the No. 1 Explanatory Announcement on
Information Disclosure for Companies Issuance Their Securities to the Public - Non-recurring gains and losses as
recurring gains and losses.
(III) Changes in Key Accounting Data and Financial Indicators and the Reasons
Applicable □ Not applicable
(I) The changes of assets and liabilities and the reasons
1. The cash and bank balances are increased by 43.54% compared with the beginning of the year, mainly due to the
receipt of the raised funds for private placement in the current period;
2. The trading financial assets are increased by 2,097.31% compared with the beginning of the year, mainly due to the
increase of the foreign exchange contracts;
3. The prepayments are increased by 66.52% compared with the beginning of the year, mainly due to the increase of
prepayments for raw materials;
4. The contract assets are increased by 42.58% compared with the beginning of the year, mainly due to the increase
of the completed but unsettled assets of the construction contracts in the current period;
5. Other non-current financial assets are increased by 59.57% compared with the beginning of the year, mainly due to
the increase of the investment in the new asset management plans in the current period;
6. The constructions in progress are increased by 70.14% compared with the beginning of the year, mainly due to the
increase of investments in the infrastructural projects in Chengdu, Zhengzhou and Fuyang in the current period;
7. The short-term loans are increased by 291.94% compared with the beginning of the year, mainly due to the
increase of notes discounted and bank loans;
8. The trading financial liabilities are decreased by 94.29% compared with beginning of the year, mainly due to
changes in fair value of the foreign exchange contracts;
9. The salaries payable to employees are decreased by 32.38% compared with the beginning of the year, mainly due
to the issuance of previous year-end bonus in the current period;
10. Other payables are decreased by 31.54% compared with the beginning of the year, mainly due to the reduction of
the obligations to repurchase restricted stocks;
11. The non-current liabilities due within one year are decreased by 55.01% compared with the beginning of the year,
mainly due to the repayment of bank loans due within one year;
12. The deferred income is increased by 64.49% compared with the beginning of the year, mainly due to the increase
of government subsidies;
13. The deferred income tax liabilities are increased by 91.44% compared with the beginning of the year, mainly due to
increase of the taxable temporary differences;
14. The capital reserves are increased by 126.38% compared with the beginning of the year, mainly due to the receipt
of the raised funds for private placement;
15. The minority shareholders' equities are increased by 95.10% compared with the beginning of the year, mainly due
to the increase of the investments absorbed from and the profits and losses of the minority shareholders in the current
period.
(II) The changes of items in the income statement and the reasons
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2023 Q3 Report of Zhejiang Dahua Technology Co., Ltd.
1. The taxes and surcharges are increased by 44.80% compared with the same period of the previous year, mainly
due to the increase of house property taxes payable in the current period compared with the same period of the
previous year;
2. The financial expenses are increased by 41.97% compared with the same period of the previous year, mainly due to
the decrease of exchange gains in the current period compared with the same period of the previous year;
3. The investment income is increased by 67.02% compared with the same period of the previous year, mainly due to
the increase of equity transfer income in the current period compared with the same period of the previous year;
4. The income from changes in fair value is increased by 187.60% compared with same period of the previous year,
mainly due to the increase of changes in the fair value of other non-current financial assets and foreign exchange
contracts compared with the same period of the previous year;
5. The income tax expenses are increased by 198.81% compared with the same period of the previous year, mainly
due to the increase of taxable income in the current period compared with the same period of the previous year.
(III) The changes of items in the cash flow statement and the reasons
1. The net cash flow from operating activities is increased by 250.02% compared with the same period of the previous
year, mainly due to the decrease of purchase expenses in the current period compared with the same period of the
previous year.
2. The net cash flow from investment activities is decreased by 260.61% compared with the same period of the
previous year, mainly due to the decrease of the net inflow of investment and wealth management and the net cash
from disposal of subsidiaries in the current period;
3. The net cash flow from financing activities is increased by 427.50% compared with the same period of the previous
year, mainly due to the increase of the cash received from absorbing investments and the decrease of the net inflow of
bank loan funds in the current period.
II. Information on Shareholders
(I) The total number of common shareholders, the number of preferred shareholders with
restored voting rights and shareholding status of the top 10 shareholders
Unit: share
Total Number of Common Total Number of Preferred Shareholders (if Any)
Shareholders at the End of the 134,126 Whose Voting Rights have been Recovered at 0
Reporting Period the End of the Reporting Period
Shareholding of the Top 10 Shareholders
Number of Pledges, Markings or Freezings
Nature of Shares Held
Name of Shareholding Number of
Sharehold with Limited State of
Shareholder Percentage Shares Held Quantity
er Sales Shares
Conditions
Domestic
Fu Liquan natural 31.08% 1,023,868,980 767,901,735 Pledge 201,000,000
person
State-
China Mobile
owned
Communications 8.90% 293,103,400 293,103,400 0
legal
Group Co., Ltd.
person
Domestic
Zhu Jiangming natural 4.86% 160,175,490 120,131,617 0
person
Chen Ailing Domestic 2.16% 71,262,813 53,447,110 Pledge 31,800,000
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2023 Q3 Report of Zhejiang Dahua Technology Co., Ltd.
natural
person
Hong Kong Overseas
Securities legal 2.15% 70,786,260 0 0
Clearing Co. Ltd. person
Domestic
Wu Jun natural 2.10% 69,172,886 51,879,664 0
person
National Social
Others 1.37% 45,000,000 0 0
Security Fund 103
State-
China Securities owned
1.20% 39,611,241 0 0
Finance Co., Ltd. legal
person
New China Life
Insurance
Company Ltd. -
traditional - Others 0.80% 26,321,736 0 0
general insurance
products-018L-
CT001 S.
CCB - Utilities
Industry Stock
Type Security
Others 0.71% 23,298,603 0 0
Investment Fund
of First Seafront
Fund
Shareholding of the Top 10 Shareholders without Limited Sales Conditions
Type and Number of Shares
Number of Shares Held Without Limited Sales
Name of Shareholder Type of
Conditions Quantity
Shares
RMB common
Fu Liquan 255,967,245 255,967,245
stock
Hong Kong Securities Clearing RMB common
70,786,260 70,786,260
Co. Ltd. stock
National Social Security Fund RMB common
45,000,000 45,000,000
103 stock
RMB common
Zhu Jiangming 40,043,873 40,043,873
stock
China Securities Finance Co., RMB common
39,611,241 39,611,241
Ltd. stock
New China Life Insurance
Company Ltd. - traditional - RMB common
26,321,736 26,321,736
general insurance products- stock
018L-CT001 S.
CCB - Utilities Industry Stock
RMB common
Type Security Investment Fund 23,298,603 23,298,603
stock
of First Seafront Fund
Agricultural Bank of China Co.,
Ltd.- China International Fund
RMB common
Management Emerging Power 21,590,209 21,590,209
stock
Hybrid Securities Investment
Fund
China Galaxy Securities Co., RMB common
20,860,962 20,860,962
Ltd. stock
RMB common
Chen Ailing 17,815,703 17,815,703
stock
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2023 Q3 Report of Zhejiang Dahua Technology Co., Ltd.
Description of the association relationship or Mr. Fu Liquan and Ms. Chen Ailing are husband and wife. The
concerted action of above-mentioned Company is unaware of whether other shareholders have
shareholders associated relationship or are persons acting in concert.
Explanation on the Top 10 Shareholders'
N/A
Participation in Securities Margin Trading (if Any)
It is hereby stated that as at September 30, 2023, the Company
Special note on the existence of repurchase has repurchased 18,358,401 ordinary shares (A shares) held by
special accounts among the top 10 shareholders the special securities account in the Company with a shareholding
without limited sales conditions ratio of 0.56% and is not listed among the top 10 shareholders of
the Company without limited sales conditions, as required.
(II) The total number of preferred shareholders and the shareholdings of the top 10 preferred
shareholders
□ Applicable Not applicable
III. Other Significant Events
Applicable □ Not applicable
1. Share repurchase of the Company
On August 25, 2023, the Company held 46th meeting of the 7th Board of Directors, at which the
Company reviewed and approved the "Proposal on Repurchase of Shares", and on August 31, 2023,
the Company published the "Report on Repurchase of Shares" on the Securities Times and Juchao
Information Network. The Company plans to repurchase the shares of the Company in an amount
that is no less than RMB 400 million (inclusive) and no more than RMB 600 million (inclusive). The
repurchase price is no more than RMB 31.71 per share (inclusive). The period for the implementation
of repurchase shall be 12 months from the day the Board of Directors of the Company reviews and
approves this repurchase scheme. As of the end of the current reporting period, the Company has
repurchased 18,358,401 shares with its special securities account for repurchase through centralized
competitive bidding, accounting for 0.56% of the Company's present total share capital. The highest
transaction price was RMB 21.70 per share and the lowest transaction price was RMB 19.70 per
share. The total amount of funds used was RMB 390,623,667.27 (excluding transaction
expenses).The present share repurchase scheme is under implementation.
2. Matters Concerning election of new members for the Board of Directors and Board of
Supervisors
On August 25, 2023, the Company held the 46th meeting of the 7th Board of Directors and the
33rd meeting of the 7th Board of Supervisors, at which the Company reviewed and approved the
"Proposal on Amendment of the Articles of Association", the "Proposal on Nomination of the Non-
independent Director Candidates for the 8th Board of Directors", the "Proposal on Nomination of the
Independent Director Candidates for the 8th Board of Directors" and the "Proposal on Nomination of
the Non-employee Supervisor Candidates for the 8th Board of Supervisors". On September 11, 2023,
the Company held the 2nd extraordinary general meeting of shareholders in 2023, the 1st meeting of
the 8th Board of Directors, the 1st meeting of the 8th Board of Supervisors, and the 1st employee
representative meeting in 2023, at which the Company elected new members for the Board of
Directors and Board of Supervisors and engaged the senior management members, head of the
Internal Audit Department and representative of the securities affairs. The announcements above
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2023 Q3 Report of Zhejiang Dahua Technology Co., Ltd.
have been disclosed on Securities Times and Juchao Information Network (http://www.cninfo.com.cn),
as designated by the Company.
IV. Quarterly Financial Statements
(I) Financial Statements
1. Consolidated Balance Sheet
Prepared by: Zhejiang Dahua Technology Co., Ltd.
September 30, 2023
Unit: RMB
Item September 30, 2023 January 1, 2023
Current Assets:
Cash and Bank Balances 11,526,005,451.30 8,029,878,650.77
Deposit Reservation for Balance
Loans to Banks and Other
Financial Institutions
Trading Financial Assets 32,300,511.78 1,470,000.00
Derivative Financial Assets
Notes receivable 657,657,287.18 872,302,071.18
Accounts receivable 15,983,230,318.92 15,411,908,561.50
Receivables Financing 624,396,701.80 679,441,917.62
Prepayments 202,644,376.32 121,691,239.14
Premium Receivable
Reinsurance Accounts Receivable
Reinsurance Contract Reserves
Receivable
Other Receivables 347,054,643.83 401,849,246.88
Including: interest receivable
Dividends Receivable 8,519,063.17
Buying Back the Sale of Financial
Assets
Inventory 6,055,715,234.26 7,315,372,440.02
Contract Assets 151,616,055.06 106,335,405.35
Holding for-sale assets
Non-current Assets Due within 1
444,125,763.32 476,871,949.75
Year
Other Current Assets 952,930,282.05 1,352,406,151.72
Subtotal of Current Assets 36,977,676,625.82 34,769,527,633.93
Non-current Assets:
Granting of loans and advances
Investment in Creditor's Rights
Investment in Other Creditor's
Rights
Long-term Receivables 1,244,185,976.59 1,436,256,651.54
Long-term Equity Investment 1,131,411,277.38 1,461,099,644.55
Investment in Other Equity
Instruments
Other Non-current Financial Assets 1,485,704,445.48 931,043,130.33
Investment Property 422,842,366.64 423,035,823.82
Fixed Assets 4,534,488,944.83 4,643,617,574.85
Projects under Construction 720,594,069.59 423,535,552.03
Productive Biological Assets
Oil and gas assets
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2023 Q3 Report of Zhejiang Dahua Technology Co., Ltd.
Right-of-use Assets 292,594,932.87 314,700,977.50
Intangible Assets 581,476,230.42 557,183,251.12
Development Expenditure
Goodwill 6,615,294.18 6,615,294.18
Long-term Deferred Expenses 141,447,707.72 130,626,422.97
Deferred Income Tax Assets 1,072,290,892.37 1,014,419,944.15
Other Non-current Assets 130,379,182.02 141,231,903.57
Subtotal of Non-current Assets 11,764,031,320.09 11,483,366,170.61
Total assets 48,741,707,945.91 46,252,893,804.54
Current Liabilities:
Short-term loan 1,010,975,250.06 257,943,618.51
Borrowings from the Central Bank
Borrowings from Banks and Other
Financial Institutions
Transactional financial liabilities 1,521,381.34 26,652,319.25
Derivative Financial Liabilities
Notes Payable 3,327,988,147.36 4,364,097,761.17
Accounts Payable 5,186,843,665.02 7,340,277,388.29
Received Prepayments
Contract liabilities 1,088,556,025.95 1,219,548,011.88
Financial Assets Sold for
Repurchase
Deposit Taking and Interbank
Deposit
Receiving from Vicariously Traded
Securities
Receiving from Vicariously Sold
Securities
Payroll payable 1,070,520,359.59 1,583,203,165.43
Tax Payable 378,657,247.76 326,881,747.78
Other Payables 687,411,322.48 1,004,056,999.91
Including: interest payable
Dividends Payable 10,349,050.92
Service Charge and Commission
Payable
Reinsurance Accounts Payable
Holding for-sale liabilities
Non-current Liabilities Due within 1
1,150,797,607.75 2,558,010,785.73
Year
Other Current Liabilities 154,299,419.59 166,004,612.27
Subtotal of Current Liabilities 14,057,570,426.90 18,846,676,410.22
Non-current Liabilities:
Insurance Contract Reserves
Long-term loan 452,000,000.00 453,825,000.00
Bonds Payable
Including: Preferred Stocks
Perpetual Bonds
Lease Liabilities 169,355,769.09 196,340,654.27
Long-term Payables
Long-term payroll payable
Expected Liabilities 226,038,360.08 227,764,387.93
Deferred Income 172,157,947.40 104,663,047.38
Deferred Income Tax Liabilities 2,236,888.14 1,168,473.33
Other Non-current Liabilities 152,019,212.22 204,084,072.08
Subtotal of Non-current Liabilities 1,173,808,176.93 1,187,845,634.99
Total Liabilities 15,231,378,603.83 20,034,522,045.21
Shareholders' Equity:
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2023 Q3 Report of Zhejiang Dahua Technology Co., Ltd.
Share Capital 3,294,468,990.00 3,033,161,170.00
Other Equity Instruments
Including: Preferred Stocks
Perpetual Bonds
Capital Reserves 8,942,679,467.06 3,950,209,243.25
Less: Treasury Share 730,682,315.58 609,859,632.00
Other Comprehensive Incomes 36,885,468.70 36,942,339.77
Special Reserves
Surplus Reserves 1,553,691,005.92 1,553,691,005.92
General Risk Reserves
Undistributed Profits 19,668,820,104.71 17,872,654,791.67
Total Shareholders' Equity
32,765,862,720.81 25,836,798,918.61
Attributable to the Parent Company
Minority Shareholders' Equity 744,466,621.27 381,572,840.72
Total Shareholders' Equity 33,510,329,342.08 26,218,371,759.33
Total Liabilities and Shareholders'
48,741,707,945.91 46,252,893,804.54
Equity
Legal representative: Fu Liquan Person in charge of accounting: Xu Qiaofen Person in charge of the accounting institution: Zhu Zhuling
2. Consolidated Income Statement for the Period from the Beginning of the Year to the End of
the Reporting Period
Unit: RMB
Amount Occurred in the Current Amount Occurred in the Previous
Item
Period Period
I. Total Operating Revenue 22,278,484,044.04 21,171,868,473.02
Including: Operating Revenue 22,278,484,044.04 21,171,868,473.02
Interest Income
Earned Premiums
Service Charge and
Commission Income
II. Total Operating Cost 19,682,357,352.26 19,424,258,152.56
Including: Operating Cost 12,777,077,332.38 13,226,510,613.09
Interest Expenditures
Service Charge and
Commission Expenses
Surrender Value
Net Claims Paid
Net Amount Withdrawn for
Insurance Liability Reserves
Policyholder Dividend
Expense
Reinsurance Cost
Taxes and Surcharges 177,294,208.00 122,439,797.00
Sales Expenses 3,425,427,717.75 3,311,667,760.71
Administration expenses 864,955,493.63 711,270,493.55
Research and development
2,747,587,038.30 2,586,591,892.17
expense
Financial Expenses -309,984,437.80 -534,222,403.96
Including: interest
77,474,478.95 97,848,538.91
expenses
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2023 Q3 Report of Zhejiang Dahua Technology Co., Ltd.
Interest Income 195,636,440.39 155,448,560.74
Add: Other income 620,883,016.92 716,789,799.42
Investment Income (Mark "-"
-88,930,817.84 -269,681,876.75
for Loss)
Including: Investment
Income from Affiliates and Joint -220,706,198.89 -301,885,837.51
Ventures
Profits from
derecognition of Financial Assets at -315,687.54 -557,754.22
Amortized Cost
Exchange Gains (Mark "-" for
Losses)
Profit of Net Exposure
Hedging (Mark "-" for Loss)
Incomes from changes in fair
83,022,903.98 -94,777,053.97
value (losses marked with "-")
Credit Impairment Losses
-202,741,060.32 -248,781,379.24
(Mark "-" for Loss)
Asset Impairment Losses
-80,391,199.99 -76,837,195.24
(Mark "-" for Loss)
Asset Disposal Income (Mark
1,560,039.61 2,297,493.53
"-" for Loss)
III. Operating Profit (Mark "-" for
2,929,529,574.14 1,776,620,108.21
Loss)
Add: Non-operating Revenues 7,471,604.33 9,811,752.49
Less: Non-operating Expenses 5,181,888.81 5,678,668.55
IV. Total Profit (Mark "-" for Total
2,931,819,289.66 1,780,753,192.15
Loss)
Less: Income Tax Expense 225,322,486.28 75,406,912.79
V. Net Profit (Mark "-" for Net Loss) 2,706,496,803.38 1,705,346,279.36
(I) Classified by operation
continuity
1. Net Profit as a Going Concern
2,706,496,803.38 1,705,346,279.36
(Mark "-" for Net Loss)
2. Net Profit of Discontinued
Operation (Mark "-" for Net Loss)
(II) Classified by the attribution of
ownership
1. Net Profit Attributable to
Shareholders of Parent Company 2,590,132,339.63 1,693,101,190.89
(Mark "-" for Net Loss)
2. Minority Shareholders' Profit
116,364,463.75 12,245,088.47
and Loss (Mark "-" for Net Loss)
VI. Net Amount of Other
-199,810.57 -34,710,886.19
Comprehensive Incomes after Tax
Net Amount of Other
Comprehensive Incomes after Tax
-56,871.07 -34,444,992.63
Attributable to the Parent Company's
Owner
(I) Other comprehensive income
that cannot be reclassified into profit 941,710.18
or loss
1. Re-measure the variation of
the defined benefit plan
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2023 Q3 Report of Zhejiang Dahua Technology Co., Ltd.
2. Other comprehensive
income that cannot be transferred to 941,710.18
P/L under the equity method
3. Changes in the fair value of
investment in other equity
instruments
4. Changes in the fair value of
the credit risk of the enterprise
5. Others
(II) Other comprehensive income
-998,581.25 -34,444,992.63
that will be reclassified as P/L
1. Other comprehensive
income that can be transferred to P/L
under the equity method
2. Changes in the fair value of
investment in other creditor's rights
3. Financial assets reclassified
into other comprehensive income
4. Provisions for the credit
impairment of investment in other
creditor's rights
5. Cash flow hedge reserves
6. Currency translation
-998,581.25 -34,444,992.63
difference
7. Others
Net Amount of Other
Comprehensive Incomes After Tax -142,939.50 -265,893.56
Attributable to Minority Shareholders
VII. Total Comprehensive Income 2,706,296,992.81 1,670,635,393.17
(I) Total Comprehensive Income
Attributable to the Parent Company's 2,590,075,468.56 1,658,656,198.26
Owner
(II) Total Comprehensive Income
116,221,524.25 11,979,194.91
Attributable to Minority Shareholders
VIII. Earnings per Share:
(I) Basic Earnings per Share 0.82 0.57
(II) Diluted Earnings per Share 0.82 0.57
Legal representative: Fu Liquan Person in charge of accounting: Xu Qiaofen Person in charge of the accounting institution: Zhu Zhuling
3. Consolidated Cash Flow Statement for the Period from the Beginning of the Year to the End
of the Reporting Period
Unit: RMB
Amount Occurred in the Current Amount Occurred in the Previous
Item
Period Period
I. Cash Flow Generated by
Operational Activities:
Cash from Sales of Merchandise
23,883,101,840.08 23,543,613,200.85
and Provision of Services
Net Increase in Customer's Bank
Deposits and Interbank Deposits
Net Increase in Borrowings from
the Central Bank
Net Increase in Borrowings from
Other Financial Institutions
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2023 Q3 Report of Zhejiang Dahua Technology Co., Ltd.
Cash Arising from Receiving
Premiums for the Original Insurance
Contract
Net Amount Arising from
Reinsurance Business
Net Increase in Deposits and
Investments from Policyholders
Cash Arising from Interests,
Service Charges and Commissions
Net Increase in Borrowings from
Banks and Other Financial
Institutions
Net Increase in Repurchase
Business Funds
Net Amount of Cash Received
from the Vicariously Traded
Securities
Tax Refund 829,406,103.23 1,123,002,586.61
Other Received Cashes Related to
930,003,416.52 908,237,914.67
Operational Activities
Subtotal of cash inflow from
25,642,511,359.83 25,574,853,702.13
operational activities
Cash Paid for Merchandise and
15,829,648,766.62 17,516,686,825.14
Services
Net Increase in Loans and
Advances to Customers
Net Increase in Deposits with
Central Bank and Other Financial
Institutions
Cash Paid for Original Insurance
Contract Claims
Net increase of funds lent
Cash Paid for Interests, Service
Charges and Commissions
Cash Paid for Policy Dividends
Cash Paid to and for Employees 5,476,008,617.90 5,856,138,762.66
Cash Paid for Taxes and
1,390,361,176.28 1,566,631,299.56
Surcharges
Other Paid Cashes Related to
1,621,240,560.55 1,518,774,493.93
Operational Activities
Subtotal of cash outflow from
24,317,259,121.35 26,458,231,381.29
operational activities
Net cash flow generated by operating
1,325,252,238.48 -883,377,679.16
activities
II. Cash Flow from Investment
Activities:
Cash Arising from Disposal of
1,275,269,172.84 2,038,864,008.78
Investments
Cash Arising from Investment
28,199,284.38 24,500,087.16
Incomes
Net Cash Arising from Disposal of
Fixed Assets, Intangible Assets and 3,985,726.76 8,597,432.00
Other Long-term Assets
Net Cash Arising from Disposal of 229,078,062.03
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2023 Q3 Report of Zhejiang Dahua Technology Co., Ltd.
Subsidiaries and Other Business
Units
Other Received Cashes Related to
7,731,220.78 25,121,289.66
Investment Activities
Subtotal of cash inflow from
1,315,185,404.76 2,326,160,879.63
investment activities
Cash Paid for Purchase and
Construction of Fixed Assets,
1,020,886,264.64 1,019,379,551.12
Intangible Assets and Other Long-
term Assets
Cash Paid for Investments 1,223,451,286.75 1,584,782,317.98
Net Increase in Pledge Loans
Net Cash Paid for Acquisition of
Subsidiaries and Other Business
Units
Other Paid Cashes Related to
82,528,381.07 2,545,032.90
Investment Activities
Subtotal of cash outflows from
2,326,865,932.46 2,606,706,902.00
investment activities
Net amount of cash flow generated
-1,011,680,527.70 -280,546,022.37
by investment activities
III. Cash Flow from Financing
Activities:
Cash Arising from Absorbing
5,505,773,563.01 626,079,632.00
Investments
Including: Cash Arising from
Subsidiaries Absorbing Investments 409,774,403.01 16,220,000.00
by Minority Shareholders
Cash Arising from Borrowings 2,373,225,673.47 5,013,321,909.81
Other Received Cashes Related to
453,263.81
Financing Activities
Subtotal of cash inflow from financing
7,878,999,236.48 5,639,854,805.62
activities
Cash Paid for Debts Repayment 3,067,680,609.51 3,680,361,551.09
Cash Paid for Distribution of
Dividends and Profits or Payment of 850,997,501.96 885,752,222.88
Interests
Including: Dividends and Profits
Paid to Minority Shareholders by 1,104,770.95
Subsidiaries
Other Paid Cashes Related to
783,092,316.63 471,425,530.60
Financing Activities
Subtotal of cash outflow from
4,701,770,428.10 5,037,539,304.57
financing activities
Net cash flow generated by financing
3,177,228,808.38 602,315,501.05
activities
IV. Impact of Fluctuation in Exchange
18,635,906.58 145,882,804.58
Rate on Cash and Cash Equivalents
V. Net Increase in Cash and Cash
3,509,436,425.74 -415,725,395.90
Equivalents
Add: Cash and Cash Equivalents
7,878,465,052.63 7,617,576,852.32
at the Commencement of the Period
VI. Cash and Cash Equivalents at the
11,387,901,478.37 7,201,851,456.42
End of the Period
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2023 Q3 Report of Zhejiang Dahua Technology Co., Ltd.
(II) The first implementation of new accounting criteria from 2023 to adjust the
relevant items of the financial statements implemented at the beginning of the
year for the first time
□ Applicable Not applicable
(III) Audit Report
Whether the Q3 report has been audited.
□ Yes No
The Q3 report of the Company has not been audited yet.
Board of Directors of Zhejiang Dahua Technology Co., Ltd.
October 21, 2023
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