Guangdong Dongfang Precision Science & Technology Co., Ltd. Report of Q3 2024
GUANGDONG DONGFANG PRECISION SCIENCE & TECHNOLOG Y CO., LTD.
THE REPORT FOR THE THIRD 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 3rd quarter report has been audited
□ Yes √ No
The report for the 3rd 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.
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Guangdong Dongfang Precision Science & Technology Co., Ltd. Report of Q3 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
Q3 2024 Change (%) Q1-Q3 2024 Change (%)
Operating revenue (RM B
yuan) 1,144,651,410.20 -7.96% 3,305,840,317.60 -0.61%
Net profit attributable to
the listed company’s
shareholders (RM B 166,163,143.02 152.87% 330,043,615.16 21.40%
yuan)
Net profit attributable to
the listed company’s
shareholders before 147,087,872.50 76.58% 376,195,573.54 53.03%
exceptional gains and
losses (RM B yuan)
Net cash generated
from/used in operating —— —— 180,553,840.88 -35.58%
activities (RM B yuan)
Basic earnings per share
(RM B yuan /share) 0.13 116.67% 0.27 17.39%
Diluted earnings per
share (RM B yuan /share) 0.13 116.67% 0.27 17.39%
Weighted average return
on equity (%) 3.48% 1.92% 7.06% 0.55%
End of this report period End of previous year Change (%)
Total assets (RM B) 7,358,744,021.53 7,538,222,570.02 -2.38%
Equity attributable to the
listed company’s 4,834,948,999.27 4,511,690,693.97 7.16%
shareholders (RM B)
2. Non-recurring profit and loss items and amount
√ Applicable □ Not applicable
Unit: RM B
Item Q3 2024 Q1-Q3 2024 Notes
Gain or loss on disposal of non-current assets
(inclusive of impairment allowance write-offs) 52,838.72 5,145,113.03
Government subsidies included in current profit and
loss (excluding those closely related to the
company’s normal business operations, in
compliance with national policies, enjoyed according 953,114.93 11,276,472.44
to specified standards, and having a continuous
impact on the company’s profit and loss)
Gains and losses from changes in the fair value of
financial assets and financial liabilities held by non-
financial enterprises, as well as gains and losses from
the disposal of financial assets and financial 20,741,985.92 -69,913,102.32
liabilities, excluding effective hedging related to the
company’s normal business operations
Reversal of provision for impairment of accounts
receivables individually tested for impairment 0.00 7,396.90
2 / 14
Guangdong Dongfang Precision Science & Technology Co., Ltd. Report of Q3 2024
Item Q3 2024 Q1-Q3 2024 Notes
Non-operating income and expenses other than the
above 359,788.73 911,930.58
M inus: Income tax effects 2,732,018.27 -7,463,752.24
Non-controlling interests effects (net of tax) 300,439.51 1,043,521.25
Total 19,075,270.52 -46,151,958.38 --
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 Q3 2024
3. Changes in Key Financial Data and Indicators and the Reasons
√Applicable □ Not applicable
Unit: RM B
(1) Balance sheet items
Items S eptember 30 2024 January 1 2024 Amount of Change Rate of Change Notes
M ainly due to the increase in
Construction in
273,997,390.82 195,557,097.80 78,440,293.02 40.11% investment in plant construction
progress
during the period.
M ainly due to the repayment of
Short-term
83,531,289.81 370,549,972.80 -287,018,682.99 -77.46% short-term loans during the
borrowings
period.
M ainly due to the long-term
Long-term
142,482,704.17 79,107,701.15 63,375,003.02 80.11% loans borrowed during the
borrowings
period.
M ainly 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 period.
(2) Income statement items
Items Q1-Q3 2024 Q1-Q3 2023 Amount of Change Rate of Change Notes
M ainly due to the increase in
Finance costs -15,444,740.77 -8,599,075.90 -6,845,664.87 -79.61% interest income during the
period.
M ainly due to the decrease in the
income recognized on the
disposal of financial assets held
Investment income -13,662,448.24 35,657,924.30 -49,320,372.54 -138.32%
for trading during the period
compared with the same period
last year.
Gain/loss on M ainly due to the fluctuation of
changes in fair -60,042,424.52 -17,567,736.91 -42,474,687.61 -241.78% fair value of financial assets held
value for trading during the period.
(3) Cash flow statement items
Items Q1-Q3 2024 Q1-Q3 2023 Amount of Change Rate of Change Notes
Net cash generated M ainly due to the decrease in
from/used in 180,553,840.88 280,283,974.12 -99,730,133.24 -35.58% cash inflow from operating
operating activities activities during the period.
Net cash generated M ainly due to the investment in
from/used in -283,193,122.66 -135,972,237.59 -147,220,885.07 -108.27% financial assets during the
investing activities reporting period.
Net cash generated
M ainly due to the repayment of
from/used in -84,745,986.04 293,884,410.84 -378,630,396.88 -128.84%
loans during the period.
financing activities
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Guangdong Dongfang Precision Science & Technology Co., Ltd. Report of Q3 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
98,862 0
the period-end voting rights at the period-end
(if any)
Top 10 shareholders(excluding lending of shares through the facility)
Nature of Shareholding Total shares held Restricted shares Shares in pledge or frozen
Name of shareholder shareholder percentage at the period-end held Status Shares
Domestic
Tang Zhuolin 22.21% 270,737,568 203,053,176 In pledge 110,090,000
individual
Domestic
Tang Zhuomian 7.95% 96,885,134 0 In pledge 41,660,000
individual
Luzhou Industrial
Development State-owned
2.61% 31,770,010 0 Not applicable 0
Investment Group corporation
Co., Ltd.
Qinghai Puren
Intelligent Domestic non-
Technology R & D state-owned 2.18% 26,628,340 0 Not applicable 0
Center (Limited corporation
Partnership)
Pulead Technology State-owned
1.95% 23,771,487 0 Not applicable 0
Industry Co., Ltd. corporation
Domestic
Qiu Yezhi 1.92% 23,382,388 17,536,791 Not applicable 0
individual
Hong Kong
Overseas
Securities Clearing 1.66% 20,275,823 0 Not applicable 0
corporation
Company Limited
Domestic
Liu Wucai 0.54% 6,597,688 0 Not applicable 0
individual
Domestic
Liu Lijun 0.52% 6,307,001 0 Not applicable 0
individual
Beixin Ruifeng Fund
- Industrial and
Commercial Bank of
China - Beijing
Other 0.51% 6,171,777 0 Not applicable 0
Hengyu Tianze
Investment
M anagement Co.,
Ltd
Top 10 unrestricted ordinary shareholders(excluding lending of shares through the facility and restricted shares of senior
management)
Shares by type
Name of shareholder Unrestricted shares held at the period-end
Type Shares
RM B ordinary
Tang Zhuomian 96,885,134 shares 96,885,134
RM B ordinary
Tang Zhuolin 67,684,392 shares 67,684,392
Luzhou Industrial Development RM B ordinary
31,770,010 shares 31,770,010
Investment Group Co., Ltd.
Qinghai Puren Intelligent 26,628,340 RM B ordinary 26,628,340
5 / 14
Guangdong Dongfang Precision Science & Technology Co., Ltd. Report of Q3 2024
Technology R & D Center (Limited shares
Partnership)
Pulead Technology Industry Co., RM B ordinary
23,771,487 shares 23,771,487
Ltd.
Hong Kong Securities Clearing RM B ordinary
20,275,823 shares 20,275,823
Company Limited
RM B ordinary
Liu Wucai 6,597,688 shares 6,597,688
RM B ordinary
Liu Lijun 6,307,001 shares 6,307,001
Beixin Ruifeng Fund - Industrial and
Commercial Bank of China - Beijing RM B ordinary
6,171,777 shares 6,171,777
Hengyu Tianze Investment
M anagement Co., Ltd
RM B ordinary
Qiu Yezhi 5,845,597 shares 5,845,597
Tang Zhuolin and Tang Zhuomian are full brothers, 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 M easures for
the Administration of acquisitions of listed companies.
Note on the top 10 shareholders' Luzhou Industrial Development Investment Group Co., Ltd., held 31,770,010 shares through
participation in securities margin
the credit securities account.
trading (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
1. On September 7, 2024, the Company disclosed the Announcement on Termination of Spin-off of Subsidiary to ChiNext Board
Listing. In view of the significant changes in the current market environment as compared with the beginning of the planning of the
spin-off and listing, in order to coordinate the business development of the Company's Water powersports equipment business segment
and the capital operation planning of its controlling subsidiary, Suzhou Parsun Power M achine Co., Ltd., and after full communication
and prudent argumentation with the relevant parties, the Company has decided to terminate the spin-off of Parsun Power to be listed
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Guangdong Dongfang Precision Science & Technology Co., Ltd. Report of Q3 2024
on the ChiNext Board and to withdraw the relevant listing application documents. The aforesaid matters have been approved and passed
at the Eighth M eeting of the Fifth Session of the Board of Directors, the Seventh M eeting of the Fifth Session of the Supervisory
Committee and the Third Shareholders' M eeting of 2024, which were held in September 2024. And the Shenzhen Stock Exchange has
issued the “Decision on Termination of the Examination and Approval of the Initial Public Offering of Shares of Suzhou Parsun Power
M achine Co., Ltd. on September 26, 2024.
2. The Company disclosed the “2024 Employee Stock Ownership Plan (Draft)” on September 24, 2024. The total number of
employees to participate in the Employee Stock Ownership Plan is 53, of which 4 are directors and senior management of the Company.
The source of shares of the aforesaid plan is the Company's shares that have been repurchased, with an aggregate of not more than
21.33 million shares. The purchase price that the Employee Stock Ownership Plan buy the shares is 2.64 yuan per share. The
performance appraisal year of the Employee Stock Purchase Plan is three fiscal years from 2024 to 2026, and the appraisal indexes
include company-level performance appraisal indexes and individual-level performance appraisal indexes. During the lock-up period,
the corresponding underlying stock interests will be unlocked to the holders in three installments, taking into account the achievement
of the company-level performance appraisal and individual-level performance appraisal. The above matters have been approved and
passed at the Ninth M eeting of the Fifth Session of the Board of Directors, the Eighth M eeting of the Fifth Session of the Supervisory
Committee and the Fourth M eeting of Shareholders of 2024 held in September 2024 and October 2024, respectively.
IV Quarterly Financial Statements
1. Financial Statements
(1) Consolidated Balance Sheet
Prepared by: Guangdong Dongfang Precision S cience & Technology Co., Ltd.
September 30 2024
Unit: RMB
Item S eptember 30 2024 January 1 2024
Current assets:
Cash and bank balances 1,511,161,923.83 1,826,419,904.49
Settlement provisions
Dismantling funds
Financial assets held for trading 694,013,791.87 682,625,442.45
Derivative financial assets
Notes receivable 64,495,670.46 47,661,412.88
Accounts receivable 810,818,324.69 904,003,975.47
Receivable financing 19,143,239.17 9,365,344.07
Prepayments 41,647,159.88 45,741,143.90
Premium receivable
Receivable reinsurance account
Provision for reinsurance contract
receivable
Other receivables 35,595,325.36 51,797,943.96
Including: Interest receivable
Dividend receivable
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Guangdong Dongfang Precision Science & Technology Co., Ltd. Report of Q3 2024
Item S eptember 30 2024 January 1 2024
Buy back resale financial assets
Inventories
1,300,113,787.27 1,182,411,055.68
Including: Data Resource
Contract assets 47,923,803.53 45,946,377.14
Assets held for sale
Current portion of non-current
assets 8,106,750.00 5,970,000.00
Other current assets 60,401,976.33 75,234,656.07
Total current assets 4,593,421,752.39 4,877,177,256.11
Non-current assets:
Loans and advances
Debt investment
Other debt investments
Long-term receivables 4,655,870.40 4,308,196.00
Long-term equity investment 113,466,856.36 117,265,884.84
Investment in other equity
instruments
Other non-current financial assets
528,452,857.06 461,278,259.67
Real estate investment
Fixed assets 607,860,016.10 611,851,577.04
Construction in progress 273,997,390.82 195,557,097.80
Productive biological assets
Oil and gas asset
Right-of-use assets 74,395,528.72 82,342,398.83
Intangible assets 348,923,801.82 365,954,480.05
Including: Data Resource
Development expenditure
Including: Data Resource
Goodwill 439,910,008.15 440,633,826.08
Long-term prepaid expenses 20,998,482.39 28,543,581.54
Deferred tax assets 251,821,400.40 255,872,409.78
Other non-current assets 100,840,056.92 97,437,602.28
Total non-current assets 2,765,322,269.14 2,661,045,313.91
Total assets 7,358,744,021.53 7,538,222,570.02
Current liabilities:
Short-term borrowings 83,531,289.81 370,549,972.80
Borrowing from the Central Bank
Borrowed funds
Financial liabilities held for trading 116,017,452.87 115,900,827.21
Derivative financial liabilities
Notes payable 134,567,982.36 152,433,276.09
Accounts payable 626,959,362.27 737,544,841.42
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Guangdong Dongfang Precision Science & Technology Co., Ltd. Report of Q3 2024
Item S eptember 30 2024 January 1 2024
Advance receivables
Contract liabilities
512,277,268.83 645,608,919.34
Selling back financial assets
Deposits and Interbank deposit
Agent trading securities
Agent underwriting securities
Employee benefits payable 129,245,646.06 153,282,932.10
Tax payable 70,348,739.85 67,609,203.41
Other payables 109,144,685.58 126,415,425.61
Including: Interest payable
Dividend payable
Fees and commissions
Reinsurance accounts payable
Liabilities held for sale
Current portion of non-current
liabilities 71,951,710.05 57,001,396.44
Other current liabilities 27,180,282.96 9,145,175.01
Total current liabilities 1,881,224,420.64 2,435,491,969.43
Non-current liabilities:
Insurance contract reserve
Long-term borrowings 142,482,704.17 79,107,701.15
Bonds payable
Including: Preference Shares
Perpetual bonds
Lease liabilities 58,642,721.35 65,861,441.32
Long-term payables
Long-term employee benefits
payable 13,009,816.32 13,964,394.20
Provisions 145,151,902.14 168,358,953.84
Deferred income 9,119,496.66 9,956,991.66
Deferred tax liabilities 2,949,832.99 8,854,294.28
Other non-current liabilities 23,046,189.65 22,418,854.80
Total non-current liabilities 394,402,663.28 368,522,631.25
Total Liabilities 2,275,627,083.92 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 2,812,324,196.71 2,889,928,997.21
Less: Treasury stock 117,523,041.40 218,298,532.79
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Guangdong Dongfang Precision Science & Technology Co., Ltd. Report of Q3 2024
Item S eptember 30 2024 January 1 2024
Other comprehensive income 65,639,587.86 75,122,078.52
Special reserve
17,328,366.94 16,229,817.03
Surplus reserves 51,830,974.45 51,830,974.45
General risk preparation
Retained earnings 786,302,574.71 456,258,959.55
Total equity attributable to owners of the
parent 4,834,948,999.27 4,511,690,693.97
Non-controlling interests 248,167,938.34 222,517,275.37
Total equity
5,083,116,937.61 4,734,207,969.34
Total liabilities and equity 7,358,744,021.53 7,538,222,570.02
Le gal re pre sentative : Tang Zhuolin, Chief Financial O fficer: Shao Yongfeng, Person-in-charge of the accounting organ: Chen Lin
(2) Consolidated Income Statement for Q1 - Q3 2024
Unit: RM B
Item Q1-Q3 2024 Q1-Q3 2023
1 Total operating revenue 3,305,840,317.60 3,326,262,408.67
Including: Operating revenue 3,305,840,317.60 3,326,262,408.67
Interest income
Premiums earned
Fee and commission income
2 Total operating cost
2,755,956,437.59 2,911,839,993.09
Including: Cost of sales 2,241,400,481.19 2,372,755,817.02
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 12,017,537.22 11,027,790.44
Selling expenses 187,785,576.62 189,516,388.18
Administrative expenses 253,919,063.09 255,513,959.93
R&D expenses 76,278,520.24 91,625,113.42
Finance costs -15,444,740.77 -8,599,075.90
Including: Interest expenses 13,580,085.39 9,193,820.94
Interest income 34,158,211.45 22,427,791.25
Add: Other income 11,276,472.44 6,535,876.93
Investment income (loss with "-" sign) -13,662,448.24 35,657,924.30
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Guangdong Dongfang Precision Science & Technology Co., Ltd. Report of Q3 2024
Item Q1-Q3 2024 Q1-Q3 2023
Including: Share of profit or loss of joint
ventures and associates -3,791,770.44 -2,192,833.50
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
"-" sign) -60,042,424.52 -17,567,736.91
Credit impairment loss (loss is listed with "-
" sign) 1,261,996.64 -1,835,764.65
Asset impairment loss (loss with "-" sign) -7,220,053.98 -6,916,232.58
Gain/loss on disposal of assets (loss with "-"
sign) 5,147,318.18 -2,306,859.05
3 Operating profit (losses are listed with "-" sign) 486,644,740.53 427,989,623.62
Add: Non-operating income 1,478,268.69 4,247,134.69
Less: Non-operating expenses 568,543.26 3,914,282.79
5 Gross profit (the gross loss shall be filled in with the
sign "-") 487,554,465.96 428,322,475.52
Less: Income tax expenses 130,693,278.65 121,511,716.17
Net profit (net loss is listed with "-" sign) 356,861,187.31 306,810,759.35
(1) Net profit from continuing operations
i. Net profit from continuing operations (net loss
with "-" sign) 356,861,187.31 306,810,759.35
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 330,043,615.16 271,859,637.24
ii. Net profit attributable to non-controlling
interests 26,817,572.15 34,951,122.11
6 Other comprehensive income/(loss), net of tax -9,405,860.75 18,843,327.93
Other comprehensive income/(loss) attributable
to owners of the parent, net of tax -9,482,490.66 19,060,453.28
(1) Other comprehensive loss that will not be
reclassified to profit or loss 260,627.44 -336,960.08
i. Changes caused by re measurements
on defined benefit schemes 260,627.44 -336,960.08
ii. Other comprehensive income that
cannot be transferred to profit or loss under the equity
method
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Guangdong Dongfang Precision Science & Technology Co., Ltd. Report of Q3 2024
Item Q1-Q3 2024 Q1-Q3 2023
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
will be reclassified to profit or loss -9,743,118.10 19,397,413.36
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
translation of foreign currency -denominated financial -9,743,118.10 19,397,413.36
statements
vii. Other
Other comprehensive income attributable to non-
controlling interests, net of tax 76,629.91 -217,125.35
Total comprehensive income 347,455,326.56 325,654,087.28
Total comprehensive income attributable to
owners of the parent 320,561,124.50 290,920,090.52
Total comprehensive income attributable to non-
controlling interests 26,894,202.06 34,733,996.76
Earnings per share:
(1) Basic earnings per share 0.27 0.23
(2) Diluted earnings per share 0.27 0.23
Le gal re pre sentative : Tang Zhuolin, Chief Financial O fficer: Shao Yongfeng, Person-in-charge of the accounting organ: Chen Lin
(3) Consolidated Statement of Cash Flows for Q1-Q3 2024
Unit: RM B
Item Q1-Q3 2024 Q1-Q3 2023
1 Cash flows from operating activities:
Proceeds from sale of goods and rendering of
services 3,234,314,392.30 3,394,401,275.51
Net increase in customer deposits and interbank
deposits
Net increase in borrowing from the central bank
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Guangdong Dongfang Precision Science & Technology Co., Ltd. Report of Q3 2024
Item Q1-Q3 2024 Q1-Q3 2023
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 48,453,301.86 52,098,968.28
Cash generated from other operating activities 64,892,314.07 45,359,284.90
Subtotal of cash inflows from operating activities 3,347,660,008.23 3,491,859,528.69
Payments for goods and services 2,096,339,611.78 2,405,738,718.03
Net increase in customer loans and advances
Net increase in central bank and interbank
deposits
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 639,392,033.33 486,695,698.59
Payments of all types of taxes and surcharges 157,941,691.51 96,515,400.83
Cash used in other operating activities 273,432,830.73 222,625,737.12
Subtotal of cash outflows from operating activities 3,167,106,167.35 3,211,575,554.57
Net cash generated from/used in operating activities 180,553,840.88 280,283,974.12
2 Cash flows from investing activities:
Proceeds from disinvestment 1,215,259,655.43 2,288,133,445.35
Investment income 5,162,180.01 64,254,590.49
Net proceeds from the disposal of fixed assets,
intangible assets and other long-lived assets 9,602,215.72 176,629.60
Disposal of net cash received by subsidiaries and
other business units
Cash generated from other investing activities
Subtotal of cash inflows from investing activities 1,230,024,051.16 2,352,564,665.44
Payments for the acquisition of fixed assets,
intangible assets and other long-lived assets 124,224,238.85 222,489,586.19
Payments for investments 1,388,992,934.97 2,216,047,316.84
Net increase in pledged loans
Obtain net cash paid by subsidiaries and other
business units
Cash used in other investing activities 50,000,000.00
Subtotal of cash outflows in investing activities 1,513,217,173.82 2,488,536,903.03
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Guangdong Dongfang Precision Science & Technology Co., Ltd. Report of Q3 2024
Item Q1-Q3 2024 Q1-Q3 2023
Net cash generated from/used in investing activities -283,193,122.66 -135,972,237.59
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 174,934,776.22 404,970,419.08
Cash generated from other financing activities 189,374,973.34 363,785,545.55
Subtotal of cash inflows from financing activities 364,309,749.56 768,755,964.63
Repayment of borrowings 357,471,647.73 315,273,920.95
Interest and dividends paid 11,866,324.05 10,518,210.80
Including: Interest and dividends paid to
minority shareholders
Cash used in other financing activities 79,717,763.82 149,079,422.04
Subtotal of cash outflows from financing activities 449,055,735.60 474,871,553.79
Net cash generated from/used in financing activities -84,745,986.04 293,884,410.84
4 Effect of foreign exchange rates changes on cash
and cash equivalents -15,631,434.13 11,387,173.60
5 Net (decrease)/increase in cash and cash equivalents -203,016,701.95 449,583,320.97
Add: Cash and cash equivalents, beginning of
the period 1,672,514,611.84 1,233,720,697.27
6 Cash and cash equivalents, end of the period 1,469,497,909.89 1,683,304,018.24
Le gal re pre sentative : Tang Zhuolin, Chief Financial O fficer: Shao Yongfeng, Person-in-charge of the accounting organ: Chen Lin
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
□ Yes √ No
3. Audit Report
Whether the Report has been audited
□ Yes √ No
The report for the 3rd quarter of 2024 of the Company has not been audited.
Board of Directors of
Guangdong Dongfang Precision Science & Technology Co., Ltd.
25 October 2024
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