Guangdong Dongfang Precision Science & Technology Co., Ltd. Report of Q1 2024
GUANGDONG DONGFANG PRECISION SCIENCE & TECHNOLOGY CO., LTD.
THE REPORT FOR THE FIRST QUARTER OF 2024
The Company as well as all members of the Board of Directors hereby guarantee the
factuality, accuracy, and completeness of the information disclosed, and its free of any
misrepresentations, misleading statements, or material omissions.
Important Notes:
1. The Board of Directors (or the “Board”), the Supervisory Committee as well as the directors,
supervisors and senior management of Guangdong Dongfang Precision Science & Technology Co., Ltd.
(hereinafter referred to as the “Company”) hereby guarantee the factuality, accuracy, and completeness of the
contents of this Report, and shall be jointly and severally liable for any misrepresentations, misleading
statements, or material omissions therein.
2. The Company’s legal representative, the Company’s Chief Financial Officer, and the person-in-charge
of the accounting organ hereby guarantee that the financial statements carried in this Report are factual,
accurate and complete.
3. Whether the 1st quarter report has been audited
□ Yes √ No
The report for the 1st quarter of 2024 of the Company has been prepared and released in Chinese,
and now has been translated into English. Should there be any discrepancies or misunderstandings
between the two versions, the Chinese version shall prevail.
1 / 14
Guangdong Dongfang Precision Science & Technology Co., Ltd. Report of Q1 2024
I Key Financial Information
1. Key Financial Data and Indicators
Indicate whether there is any retrospectively restated datum in the table below.
□ Yes √ No
Q1 2024 Q1 2023 Rate of Change
Operating revenue (RMB) 935,144,681.91 907,101,141.80 3.09%
Net profit attributable to the listed company’s
44,642,460.24 84,973,342.92 -47.46%
shareholders (RMB yuan)
Net profit attributable to the listed company’s
shareholders before exceptional gains and 65,730,334.96 51,961,918.89 26.50%
losses (RMB yuan)
Net cash generated from/used in operating
activities (RMB yuan) 5,507,844.28 104,429,591.30 -94.73%
Basic earnings per share (RMB / share) 0.04 0.07 -42.86%
Diluted earnings per share (RMB /share) 0.04 0.07 -42.86%
Weighted average return on equity (ROE) 0.99% 2.08% -1.09%
Ending balance Beginning balance
Rate of Change
Of the Reporting Period Of the Reporting Period
Total assets (RMB) 7,346,743,431.97 7,538,222,570.02 -2.54%
Equity attributable to the listed company’s
shareholders (RMB) 4,531,746,724.39 4,511,690,693.97 0.44%
2. Non-recurring profit and loss items and amount
√ Applicable □ Not applicable
Unit: RMB
Item Q1 2024 Notes
Gain or loss on disposal of non-current assets (inclusive of
impairment allowance write-offs) 5,324,883.80
Government grants through profit or loss (exclusive of
government grants given in the Company’s ordinary course of
7,668,092.27
business at fixed quotas or amounts as per the government’s
uniform standards)
Gain or loss on fair-value changes on held-for-trading and
derivative financial assets and liabilities & income from disposal
of held-for-trading and derivative financial assets and liabilities -36,748,582.14
and other debt investments (exclusive of the effective portion of
hedges that arise in the Company’s ordinary course of business)
Non-Operating Revenue and expenses other than the above 21,264.09
Less: Income tax effects -2,985,957.85
Non-controlling interests effects (net of tax) 339,490.59
2 / 14
Guangdong Dongfang Precision Science & Technology Co., Ltd. Report of Q1 2024
Item Q1 2024 Notes
Total -21,087,874.72 --
Other items that meet the definition of non-recurring profit and loss:
□ Applicable √ Not applicable
No such cases for the Reporting Period.
Note of the reclassification of non-recurring items of profit or loss listed in "Explanatory Announcement No. 1 on Disclosure of
Information by Companies Issuing Public Securities - Non-recurring Profit or Loss" as recurring items of profit or loss:
□ Applicable √ Not applicable
No such cases for the Reporting Period.
3 / 14
Guangdong Dongfang Precision Science & Technology Co., Ltd. Report of Q1 2024
3. Changes in Key Financial Data and Indicators and the Reasons
√Applicable □ Not applicable
Unit: RMB
(1) Balance sheet items
Ending balance Beginning balance
Amount of
Items Of the Reporting Of the Reporting Rate of Change Notes
Change
Period Period
Mainly due to the payment from
Accounts receivable 761,832,183.50 904,003,975.47 -142,171,791.97 -15.73% clients during the reporting
period.
Mainly due to the increase in
Other non-current
538,639,298.97 461,278,259.67 77,361,039.30 16.77% equity investments during the
financial assets
reporting period.
Mainly due to the increase in
Construction in
239,304,530.92 195,557,097.80 43,747,433.12 22.37% investment in plant construction
progress
during the reporting period.
Mainly due to the cancellation of
Treasury stock 117,523,041.40 218,298,532.79 -100,775,491.39 -46.16% treasury shares during the
reporting period.
(2) Income statement items
Amount of
Items Q1 2024 Q1 2023 Rate of Change Notes
Change
Mainly due to the increase in interest
Finance costs 2,582,632.05 4,922,184.62 -2,339,552.57 -47.53% income during the reporting period.
Mainly due to the decrease in the
income recognized on the disposal of
Investment income -504,442.04 11,843,626.19 -12,348,068.23 -104.26% financial assets held for trading during
the reporting period compared with the
same period last year.
Mainly due to the fluctuation of fair
Gain/loss on changes
-37,534,490.90 18,689,791.21 -56,224,282.11 -300.83% value of financial assets held for
in fair value
trading during the reporting period.
(3) Cash flow statement items
Amount of
Items Q1 2024 Q1 2023 Rate of Change Notes
Change
Mainly due to the decrease in cash
Net cash generated
inflow from operating activities and the
from/used in 5,507,844.28 104,429,591.30 -98,921,747.02 94.73%
increase in payment of expenses and
operating activities
taxes during the period.
Net cash generated Mainly due to the investment in
from/used in -212,158,182.37 72,757,007.84 -284,915,190.21 -391.60% financial assets during the reporting
investing activities period.
Mainly due to the repurchase of shares
Net cash generated by way of centralized bidding in the
from/used in -17,095,693.17 -42,170,254.94 25,074,561.77 59.46% same period of last year and no share
financing activities repurchase in the current reporting
period.
4 / 14
Guangdong Dongfang Precision Science & Technology Co., Ltd. Report of Q1 2024
II Shareholder Information
1. Total Number of Ordinary Shareholders and Number of Preference Shareholders with Resumed Voting
Rights, as well as Information of Top 10 Shareholders
Unit: shares
Number of preference
Number of ordinary shareholders at shareholders with resumed
111,736 Not applicable
the period-end voting rights at the period-end
(if any)
Top 10 shareholders (excluding lending of shares through the facility)
Name of Nature of Shareholding Total shares held Restricted shares Shares in pledge or frozen
shareholder shareholder percentage at the period-end held Status Shares
Domestic
Tang Zhuolin 22.21% 270,737,568.00 203,053,176.00 In pledge 110,090,000.00
individual
Domestic
Tang Zhuomian 7.95% 96,885,134.00 0.00 In pledge 41,660,000.00
individual
Pulead Technology State-owned
2.93% 35,748,587.00 0.00 NA 0.00
Industry Co., Ltd. corporation
Luzhou Industrial
Development State-owned
2.61% 31,770,010.00 0.00 NA 0.00
Investment Group corporation
Co., Ltd.
Qinghai Puren
Intelligent Domestic non-
Technology R & D state-owned 2.18% 26,628,340.00 0.00 NA 0.00
Center (Limited corporation
Partnership)
Domestic
Qiu Yezhi 1.92% 23,382,388.00 17,536,791.00 NA 0.00
individual
Hong Kong
Overseas
Securities Clearing 1.68% 20,483,748.00 0.00 NA 0.00
corporation
Company Limited
Domestic
Liu Wucai 0.54% 6,597,688.00 0.00 NA 0.00
individual
Beixin Ruifeng
Fund - Industrial
and Commercial
Bank of China -
Others 0.51% 6,171,777.00 0.00 NA 0.00
Beijing Hengyu
Tianze Investment
Management Co.,
Ltd.
Guotai Junan State-owned
0.43% 5,245,927.00 0.00 NA 0.00
Securities Co., Ltd corporation
Top 10 unrestricted ordinary shareholders
Shares by type
Name of shareholder Unrestricted shares held at the period-end
Type Shares
RMB ordinary
Tang Zhuomian 96,885,134.00 shares 96,885,134.00
RMB ordinary
Tang Zhuolin 67,684,392.00 shares 67,684,392.00
Pulead Technology Industry Co., RMB ordinary
Ltd. 35,748,587.00 shares 35,748,587.00
Luzhou Industrial Development RMB ordinary
Investment Group Co., Ltd. 31,770,010.00 shares 31,770,010.00
5 / 14
Guangdong Dongfang Precision Science & Technology Co., Ltd. Report of Q1 2024
Qinghai Puren Intelligent
RMB ordinary
Technology R & D Center (Limited 26,628,340.00 shares 26,628,340.00
Partnership)
Hong Kong Securities Clearing RMB ordinary
Company Limited 20,483,748.00 shares 20,483,748.00
RMB ordinary
Liu Wucai 6,597,688.00 shares 6,597,688.00
Beixin Ruifeng Fund - Industrial and
Commercial Bank of China - Beijing RMB ordinary
6,171,777.00 shares 6,171,777.00
Hengyu Tianze Investment
Management Co., Ltd.
RMB ordinary
Qiu Yezhi 5,845,597.00 shares 5,845,597.00
RMB ordinary
Guotai Junan Securities Co., Ltd 5,245,927.00 shares 5,245,927.00
Tang Zhuolin and Tang Zhuomian are full brothers. On 18 August 2010, they signed the
Agreement on Acting in Concert.
Pulead Technology Industry Co., Ltd., and Qinghai Puren Intelligent Technology R & D
Related or acting-in-concert parties Center (Limited Partnership) are acting-in-concert parties.
among the shareholders above
Except for these, the Company does not know whether the other shareholders are related
parties or whether they are acting-in-concert parties in accordance with the Measures for
the Administration of acquisitions of listed companies.
Description of the participation of
As of 31 March 2024, Luzhou Industrial Development Investment Group Co., Ltd. hold
the top 10 common shareholders in
31,770,010 shares through a client credit transaction guarantee securities account with Guotai
the financing and securities
Junan Securities Co. Ltd.
financing business (if any)
Explanation on the shareholding of the repurchase account
As of the end of the Reporting Period, there were 21,330,432 shares in the Company’s special account for repurchase, accounting for
1.75% of its total share capital. As per the Shenzhen Stock Exchange Guideline No. 1 for the Self-regulation of Listed Companies—
Business Handling, the existence of a special account of repurchased shares among the top 10 shareholders should be specifically stated
but not included in the presentation of the top 10 shareholders.
Shareholders holding more than 5% of shares, top 10 shareholders and top 10 shareholders with unlimited shares in circulation involved
in refinancing shares lending
□ Applicable √ Not applicable
The change of the top 10 shareholders and top 10 shareholders with unlimited shares from the previous period due to involved in
refinancing shares lending
□ Applicable √ Not applicable
2. Total Number of Preference Shareholders and Information of Top 10 Preference Shareholders
□ Applicable √ Not applicable
III Other Significant Events
□Applicable √ Not applicable
6 / 14
Guangdong Dongfang Precision Science & Technology Co., Ltd. Report of Q1 2024
IV Quarterly Financial Statements
1. Financial Statements
(1) Consolidated Balance Sheet
Prepared by: Guangdong Dongfang Precision Science & Technology Co., Ltd.
31 March 2024
Unit: RMB
Item 31 March 2024 1 January 2024
Current assets:
Cash and bank balances 1,585,446,506.54 1,826,419,904.49
Settlement provisions
Dismantling funds
Financial assets held for trading 710,124,493.57 682,625,442.45
Derivative financial assets
Notes receivable 30,453,136.65 47,661,412.88
Accounts receivable 761,832,183.50 904,003,975.47
Receivable financing 12,324,640.67 9,365,344.07
Prepayments 42,036,858.27 45,741,143.90
Premium receivable
Receivable reinsurance account
Provision for reinsurance contract
receivable
Other receivables 45,662,474.81 51,797,943.96
Including: Interest receivable
Dividend receivable
Buy back resale financial assets
Inventories 1,264,251,432.72 1,182,411,055.68
Including: Data Resource
Contract assets 46,371,263.68 45,946,377.14
Assets held for sale
Current portion of non-current
5,640,000.00 5,970,000.00
assets
Other current assets 85,816,246.01 75,234,656.07
Total current assets 4,589,959,236.42 4,877,177,256.11
Non-current assets:
Loans and advances
Debt investment
Other debt investments
Long-term receivables 3,527,062.00 4,308,196.00
Long-term equity investment 115,934,633.45 117,265,884.84
Investment in other equity
7 / 14
Guangdong Dongfang Precision Science & Technology Co., Ltd. Report of Q1 2024
Item 31 March 2024 1 January 2024
instruments
Other non-current financial assets 538,639,298.97 461,278,259.67
Real estate investment
Fixed assets 610,452,835.17 611,851,577.04
Construction in progress 239,304,530.92 195,557,097.80
Productive biological assets
Oil and gas asset
Right-of-use assets 74,792,487.51 82,342,398.83
Intangible assets 356,091,426.70 365,954,480.05
Including: Data Resource
Development expenditure
Including: Data Resource
Goodwill 436,564,855.74 440,633,826.08
Long-term prepaid expenses 25,270,551.87 28,543,581.54
Deferred tax assets 255,949,916.18 255,872,409.78
Other non-current assets 100,256,597.04 97,437,602.28
Total non-current assets 2,756,784,195.55 2,661,045,313.91
Total assets 7,346,743,431.97 7,538,222,570.02
Current liabilities:
Short-term borrowings 353,476,597.91 370,549,972.80
Borrowing from the Central Bank
Borrowed funds
Financial liabilities held for trading 116,089,413.93 115,900,827.21
Derivative financial liabilities
Notes payable 157,066,552.79 152,433,276.09
Accounts payable 627,058,760.40 737,544,841.42
Advance receivables
Contract liabilities 580,272,004.02 645,608,919.34
Selling back financial assets
Deposits and Interbank deposit
Agent trading securities
Agent underwriting securities
Employee benefits payable 156,014,087.57 153,282,932.10
Tax payable 76,828,604.35 67,609,203.41
Other payables 109,869,207.97 126,415,425.61
Including: Interest payable
Dividend payable
Fees and commissions
Reinsurance accounts payable
Liabilities held for sale
Current portion of non-current 52,837,660.55 57,001,396.44
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Guangdong Dongfang Precision Science & Technology Co., Ltd. Report of Q1 2024
Item 31 March 2024 1 January 2024
liabilities
Other current liabilities 5,789,301.62 9,145,175.01
Total current liabilities 2,235,302,191.11 2,435,491,969.43
Non-current liabilities:
Insurance contract reserve
Long-term borrowings 72,126,587.42 79,107,701.15
Bonds payable
Including: Preference Shares
Perpetual bonds
Lease liabilities 58,840,029.65 65,861,441.32
Long-term payables
Long-term employee benefits
13,470,626.93 13,964,394.20
payable
Provisions 165,605,652.65 168,358,953.84
Deferred income 9,677,826.66 9,956,991.66
Deferred tax liabilities 3,880,716.02 8,854,294.28
Other non-current liabilities 24,389,394.60 22,418,854.80
Total non-current liabilities 347,990,833.93 368,522,631.25
Total Liabilities 2,583,293,025.04 2,804,014,600.68
Equity:
Share capital 1,219,046,340.00 1,240,618,400.00
Other equity instruments
Including: Preference Shares
Perpetual bonds
Capital surplus 2,811,258,442.79 2,889,928,997.21
Less: Treasury stock 117,523,041.40 218,298,532.79
Other comprehensive income 49,678,946.96 75,122,078.52
Special reserve 16,553,641.80 16,229,817.03
Surplus reserves 51,830,974.45 51,830,974.45
General risk preparation
Retained earnings 500,901,419.79 456,258,959.55
Total equity attributable to owners of the
4,531,746,724.39 4,511,690,693.97
parent
Non-controlling interests 231,703,682.54 222,517,275.37
Total equity 4,763,450,406.93 4,734,207,969.34
Total liabilities and equity 7,346,743,431.97 7,538,222,570.02
Legal representative: Tang Zhuolin, Chief Financial Officer: Shao Yongfeng, Person-in-charge of the accounting organ: Chen Nan
(2) Consolidated Income Statement for Q1 2024
Unit: RMB
9 / 14
Guangdong Dongfang Precision Science & Technology Co., Ltd. Report of Q1 2024
Item Q1 2024 Q1 2023
1 Total operating revenue 935,144,681.91 907,101,141.80
Including: Operating revenue 935,144,681.91 907,101,141.80
Interest income
Premiums earned
Fee and commission income
2 Total operating cost 817,543,084.75 816,570,578.44
Including: Cost of sales 647,571,343.21 653,454,327.84
Interest expense
Payment of fees and commission
Surrender fund
Net indemnity expenditure
Draw the net reserve of insurance
liability contract
Policy dividend expense
Reinsurance cost
Taxes and surcharges 5,584,907.99 4,693,860.22
Selling expenses 58,532,634.06 49,395,917.66
Administrative expenses 78,363,881.23 76,467,070.01
R&D expenses 24,907,686.21 27,637,218.09
Finance costs 2,582,632.05 4,922,184.62
Including: Interest expenses 5,933,750.14 2,869,618.96
Interest income 11,007,419.51 6,504,802.55
Add: Other income 7,668,092.27 2,550,704.06
Investment income (loss with "-" sign) -504,442.04 11,843,626.19
Including: Share of profit or loss of joint
-1,290,350.80 -1,617,104.92
ventures and associates
Income from derecognition of
financial assets measured at amortized cost (loss with
"-" sign)
Exchange gain (loss with "-" sign)
Net exposure hedging gain (loss with "-"
sign)
Gain/loss on changes in fair value (loss with
-37,534,490.90 18,689,791.21
"-" sign)
Credit impairment loss (loss is listed with "-
355,146.36 -410,038.39
" sign)
Asset impairment loss (loss with "-" sign) -1,819,655.67 -1,438,574.33
Gain/loss on disposal of assets (loss with "-"
5,324,883.80 -382,067.42
sign)
3 Operating profit (losses are listed with "-" sign) 91,091,130.98 121,384,004.68
Add: Non-operating income 356,823.15 876,053.60
10 / 14
Guangdong Dongfang Precision Science & Technology Co., Ltd. Report of Q1 2024
Item Q1 2024 Q1 2023
Less: Non-operating expenses 335,559.06 882,910.87
5 Gross profit (the gross loss shall be filled in with the
91,112,395.07 121,377,147.41
sign "-")
Less: Income tax expenses 37,483,680.56 24,873,932.20
Net profit (net loss is listed with "-" sign) 53,628,714.51 96,503,215.21
(1) Net profit from continuing operations
i. Net profit from continuing operations (net loss
53,628,714.51 96,503,215.21
with "-" sign)
ii. Net profit from termination of operation (net
loss with "-" sign)
(2) Net profit classified by attribution of
ownership
i. Net profit attributable to owners of the parent 44,642,460.24 84,973,342.92
ii. Net profit attributable to non-controlling
8,986,254.27 11,529,872.29
interests
6 Other comprehensive income/(loss), net of tax -25,242,978.66 8,816,358.75
Other comprehensive income/(loss) attributable
-25,443,131.56 8,917,647.18
to owners of the parent, net of tax
(1) Other comprehensive loss that will not be
21,563.68 -229,036.89
reclassified to profit or loss
i. Changes caused by remeasurements
21,563.68 -229,036.89
on defined benefit schemes
ii. Other comprehensive income that
cannot be transferred to profit or loss under the equity
method
iii. Changes in fair value of investments
in other equity instruments
iv. Fair value change of enterprise's
own credit risk
v. Other
(2) Other comprehensive income/(loss) that
-25,464,695.24 9,146,684.07
will be reclassified to profit or loss
i. Other comprehensive income that can
be transferred to profit or loss under the equity method
ii. Changes in fair value of other debt
investments
iii. The amount of financial assets
reclassified to other comprehensive income
iv. Provision for credit impairment of
other debt investments
v. Cash flow hedging reserve
vi. Differences arising from the -25,464,695.24 9,146,684.07
11 / 14
Guangdong Dongfang Precision Science & Technology Co., Ltd. Report of Q1 2024
Item Q1 2024 Q1 2023
translation of foreign currency-denominated financial
statements
vii. Other
Other comprehensive income attributable to non-
200,152.90 -101,288.43
controlling interests, net of tax
Total comprehensive income 28,385,735.85 105,319,573.96
Total comprehensive income attributable to
19,199,328.68 93,890,990.10
owners of the parent
Total comprehensive income attributable to non-
9,186,407.17 11,428,583.86
controlling interests
Earnings per share:
(1) Basic earnings per share 0.04 0.07
(2) Diluted earnings per share 0.04 0.07
Legal representative: Tang Zhuolin, Chief Financial Officer: Shao Yongfeng, Person-in-charge of the accounting organ: Chen Nan
(3) Consolidated Statement of Cash Flows for Q1 2024
Unit: RMB
Item Q1 2024 Q1 2023
1 Cash flows from operating activities:
Proceeds from sale of goods and rendering of
services 1,011,520,560.90 1,133,116,009.63
Net increase in customer deposits and interbank
deposits
Net increase in borrowing from the central bank
Net increase in funds transferred to other
financial institutions
Cash received from the premium of the original
insurance contract
Net cash received from reinsurance business
Net increase in depositors' deposits and
investment funds
Cash that collects interest, commission and
commission
Net increase in borrowed funds
Net increase in funds for repurchase business
Net cash received by agents buying and selling
securities
Receipts of taxes and surcharges refunds 20,587,758.45 12,654,705.82
Cash generated from other operating activities 21,323,580.82 17,909,137.78
Subtotal of cash inflows from operating activities 1,053,431,900.17 1,163,679,853.23
Payments for goods and services 730,066,826.08 801,773,222.77
Net increase in customer loans and advances
Net increase in central bank and interbank
deposits
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Guangdong Dongfang Precision Science & Technology Co., Ltd. Report of Q1 2024
Item Q1 2024 Q1 2023
Cash to pay the indemnity of the original
insurance contract
Net increase in loan funds
Cash for the payment of interest, fees and
commissions
Cash for the payment of policy dividends
Cash payments to and on behalf of employees 193,733,692.78 147,283,122.05
Payments of all types of taxes and surcharges 50,408,943.93 24,101,285.42
Cash used in other operating activities 73,714,593.10 86,092,631.69
Subtotal of cash outflows from operating activities 1,047,924,055.89 1,059,250,261.93
Net cash generated from/used in operating activities 5,507,844.28 104,429,591.30
2 Cash flows from investing activities:
Proceeds from disinvestment 297,918,472.87 1,057,772,710.37
Investment income 975,347.94 31,580,739.51
Net proceeds from the disposal of fixed assets,
intangible assets and other long-lived assets 59,124.25 1,800.00
Disposal of net cash received by subsidiaries and
other business units
Cash generated from other investing activities
Subtotal of cash inflows from investing activities 298,952,945.06 1,089,355,249.88
Payments for the acquisition of fixed assets,
intangible assets and other long-lived assets 71,344,069.19 31,121,172.19
Payments for investments 439,767,058.24 985,477,069.85
Net increase in pledged loans
Obtain net cash paid by subsidiaries and other
business units
Cash used in other investing activities
Subtotal of cash outflows in investing activities 511,111,127.43 1,016,598,242.04
Net cash generated from/used in investing activities -212,158,182.37 72,757,007.84
3 Cash flows from financing activities:
Absorb the cash received by the investment
Including: the subsidiary absorbs the cash
received from the investment of minority
shareholders
Borrowings raised 59,976,725.96 76,518,715.93
Cash generated from other financing activities 16,795,059.16 66,555,529.72
Subtotal of cash inflows from financing activities 76,771,785.12 143,074,245.65
Repayment of borrowings 57,863,564.59 28,294,072.18
Interest and dividends paid 4,485,776.92 1,631,824.74
Including: Interest and dividends paid to
minority shareholders
Cash used in other financing activities 31,518,136.78 155,318,603.67
Subtotal of cash outflows from financing activities 93,867,478.29 185,244,500.59
Net cash generated from/used in financing activities -17,095,693.17 -42,170,254.94
4 Effect of foreign exchange rates changes on cash
and cash equivalents -20,108,408.67 5,507,470.66
5 Net (decrease)/increase in cash and cash equivalents -243,854,439.93 140,523,814.86
Add: Cash and cash equivalents, beginning of 1,672,514,611.84 1,233,720,697.27
13 / 14
Guangdong Dongfang Precision Science & Technology Co., Ltd. Report of Q1 2024
Item Q1 2024 Q1 2023
the period
6 Cash and cash equivalents, end of the period 1,428,660,171.91 1,374,244,512.13
Legal representative: Tang Zhuolin, Chief Financial Officer: Shao Yongfeng, Person-in-charge of the accounting organ: Chen Nan
2. Adjustments to financial statements at the beginning of the year of first implementation of new accounting
standards for the first time from 2024 onwards
□Applicable √ Not applicable
3. Audit Report
Whether the Report has been audited
□ Yes √ No
The report for the 1st quarter of 2024 of the Company has not been audited.
Board of Directors
of
Guangdong Dongfang Precision Science & Technology Co., Ltd.
25 April 2024
14 / 14
