Guangdong Dongfang Precision Science & Technology Co., Ltd. Report of Q3 2022
GUANGDONG DONGFANG PRECISION SCIENCE & TECHNOLOGY CO., LTD.
THE REPORT FOR THE THIRD QUARTER OF 2022
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 2022 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 2022
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 2022 Change (%) Q1-Q3 2022 Change (%)
Operating revenue (RMB
895,261,467.25 -16.42% 2,430,877,101.51 -1.65%
yuan)
Net profit attributable to
the listed company’s
24,117,374.49 -81.41% 172,317,292.32 -46.30%
shareholders (RMB
yuan)
Net profit attributable to
the listed company’s
shareholders before 51,027,976.21 -57.37% 170,924,001.50 -38.01%
exceptional gains and
losses (RMB yuan)
Net cash generated
from/used in operating —— —— 168,435,727.75 36.15%
activities (RMB yuan)
Basic earnings per share
0.02 -80.00% 0.14 -41.67%
(RMB yuan /share)
Diluted earnings per
0.02 -80.00% 0.14 -41.67%
share (RMB yuan /share)
Weighted average return
0.64% -2.64% 4.72% -3.23%
on equity (%)
End of this report period End of previous year Change (%)
Total assets (RMB) 6,632,848,851.44 6,357,168,835.19 4.34%
Equity attributable to the
listed company’s 3,747,585,509.91 3,681,970,298.39 1.78%
shareholders (RMB)
2. Non-recurring profit and loss items and amount
√ Applicable □ Not applicable
Unit: RMB
Item Q3 2022 Q1-Q3 2022 Notes
Gain or loss on disposal of non-current assets
567,285.41 199,703.10
(inclusive of impairment allowance write-offs)
Government subsidies included in current profit or
loss (exclusive of government grants given in the
Company’s ordinary course of business at fixed 4,751,539.26 10,783,803.62
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 and other -33,735,842.03 -10,310,817.19
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
281,211.09 734,455.15
the above
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Guangdong Dongfang Precision Science & Technology Co., Ltd. Report of Q3 2022
Item Q3 2022 Q1-Q3 2022 Notes
Less: Income tax effects -1,575,483.65 -577,867.36
Non-controlling interests effects (net of tax) 350,279.10 591,721.22
Total -26,910,601.72 1,393,290.82 --
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.
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Guangdong Dongfang Precision Science & Technology Co., Ltd. Report of Q3 2022
3. Changes in Key Financial Data and Indicators and the Reasons
√Applicable □ Not applicable
Unit: RMB
(1) Balance sheet items
Items 30 September 2022 1 January 2022 Amount of Change Rate of Change Notes
Mainly due to the implementation of share repurchase,
acquisition of equity interest in Shenzhen Wand and
Currency funds 1,107,296,435.97 1,664,336,339.35 -557,039,903.38 -33.47%
payment for external investment by the Company during
January-September 2022.
Mainly due to the increase in settlement of the Company's
Notes receivable 26,386,932.52 13,272,025.04 13,114,907.48 98.82%
notes during January-September 2022.
Mainly due to the increase in settlement of the Company's
Financing of receivables 54,351,960.68 30,692,449.25 23,659,511.43 77.09%
notes during January-September 2022.
Mainly due to the increase in the Company's orders and
Prepayments 83,589,685.96 34,177,802.36 49,411,883.60 144.57% the corresponding increase in material purchases during
the period from January to September 2022.
Mainly due to the increase in inventory reserve as a result
Inventory 1,269,626,762.86 867,280,013.47 402,346,749.39 46.39% of the increase in the Company's sales orders during
January-September 2022.
Non-current assets due within Mainly due to the reclassification of other non-current
308,652,500.00 108,385,000.00 200,267,500.00 184.77%
one year assets to non-current assets due within one year.
Mainly due to the increase in retained value-added tax
Other current assets 67,475,151.88 32,124,006.99 35,351,144.89 110.05%
credits and prepaid taxes.
Other non-current financial Mainly due to the increase in foreign investment.
269,240,755.21 162,523,519.41 106,717,235.80 65.66%
assets
Mainly due to the increase in investment in the
Construction in progress 45,434,466.05 12,298,259.58 33,136,206.47 269.44%
construction of plants.
Mainly due to the acquisition of equity interest in
Goodwill 446,757,777.27 306,969,147.76 139,788,629.51 45.54%
Shenzhen WAND during January to September 2022.
Mainly due to reclassification of other non-current assets
Other non-current assets 66,479,187.87 304,596,841.54 -238,117,653.67 -78.17%
to non-current assets due within one year.
Short-term loans 117,608,403.96 228,312,880.73 -110,704,476.77 -48.49% Mainly due to partial repayment of loans.
Mainly due to the derecognition of the corresponding put
Financial liabilities for trading 57,187,097.25 110,746,939.04 -53,559,841.79 -48.36% option due to the acquisition of minority interest in a
holding company by the Company during January-
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Guangdong Dongfang Precision Science & Technology Co., Ltd. Report of Q3 2022
September 2022.
Mainly due to the increase in sales orders and the
Contract liabilities 819,901,134.61 405,842,932.51 414,058,202.10 102.02% increase in advance receipts during the period from
January to September 2022.
Taxes payable 26,247,711.58 60,701,346.24 -34,453,634.66 -56.76% Mainly due to the payment of taxes and fees.
Non-current liabilities due Mainly due to reclassification of certain long-term loans.
289,600,294.59 38,495,724.83 251,104,569.76 652.29%
within one year
Mainly due to reclassification of loans due within one
Long-term borrowings 70,295,037.83 325,026,188.49 -254,731,150.66 -78.37%
year.
Mainly due to the repurchase of shares by the Company
Treasury stock 684,696,272.50 494,335,503.94 190,360,768.56 38.51%
during January-September 2022.
(2) Income statement items
Items Q1-Q3 2022 Q1-Q3 2021 Amount of Change Rate of Change Notes
Mainly due to the increase in provision for decline in
Impairment loss on assets -8,240,821.46 -3,577,852.62 -4,662,968.84 130.33%
value of inventories during January-September 2022
Mainly due to the decrease in gain on investment in
Investment income 9,075,220.66 83,707,643.47 -74,632,422.81 -89.16% securities recognized by the Company during January-
September 2022.
Mainly due to the decrease in fair value changes related
Gain on changes in fair value -17,745,079.57 19,786,150.60 -37,531,230.17 -189.68% to investments in securities recognized by the Company
during the period from January to September 2022.
(3) Cash flow statement items
Items Q1-Q3 2022 Q1-Q3 2021 Amount of Change Rate of Change Notes
Mainly due to the combined effect of the increase in
Net cash generated from/used advance receipts due to the increase in the Company's
168,435,727.75 123,716,021.96 44,719,705.79 36.15%
in operating activities sales orders and the increase in cash paid for purchase
preparation in January-September 2022.
Mainly due to the Company's acquisition of equity interest
Net cash generated from/used
-322,513,942.25 981,796,242.31 -1,304,310,184.56 -132.85% in Shenzhen Wand and payment for foreign investment
in investing activities
from January to September 2022.
Mainly due to the combined effect of the Company's
Net cash generated from/used
-36,322,583.60 -660,397,880.45 624,075,296.85 94.50% payment for share repurchase and the recovery of loan
in financing activities
deposits from January to September 2022.
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Guangdong Dongfang Precision Science & Technology Co., Ltd. Report of Q3 2022
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
55,391 Not applicable
the period-end voting rights at the period-end
(if any)
Top 10 shareholders
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 20.41% 270,737,568 203,053,176 In pledge 135,360,000
individual
Domestic
Tang Zhuomian 7.30% 96,885,134 0 In pledge 10,000,000
individual
Pulead Technology State-owned
3.63% 48,149,787 0
Industry Co., Ltd. corporation
Luzhou Industrial
Development State-owned
2.40% 31,770,010 0
Investment Group corporation
Co., Ltd.
Qinghai Puren
Intelligent Domestic non-
Technology R & D state-owned 2.01% 26,628,340 0
Center (Limited corporation
Partnership)
Domestic
Qiu Yezhi 1.76% 23,382,388 17,536,791
individual
Shengji Equity
State-owned
Investment Fund 1.48% 19,607,843 0 In pledge 19,607,843
corporation
(Shanghai) Co., Ltd.
JIC Investment Co., State-owned
0.98% 12,984,216 0
Ltd. corporation
Huarong Securities
－ China Merchants
Fund and
Securities － wealth
Huarong Youzhi management 0.96% 12,705,624 0
Collective Asset Product
Management Plan
No. 1
Beixin Ruifeng
Fund - Pudong
Development Bank
- Beijing Fund and
International Trust - wealth
0.82% 10,818,183 0
Beijing Trust - Light management
Salt Harvest Wealth Product
Management
2015015 Pooled
Fund Trust Plan
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 96,885,134
shares
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Guangdong Dongfang Precision Science & Technology Co., Ltd. Report of Q3 2022
RMB ordinary
Tang Zhuolin 67,684,392 67,684,392
shares
Pulead Technology Industry Co., RMB ordinary
48,149,787 48,149,787
Ltd. shares
Luzhou Industrial Development RMB ordinary
31,770,010 31,770,010
Investment Group Co., Ltd. shares
Qinghai Puren Intelligent
RMB ordinary
Technology R & D Center (Limited 26,628,340 26,628,340
shares
Partnership)
Shengji Equity Investment Fund RMB ordinary
19,607,843 19,607,843
(Shanghai) Co., Ltd. shares
RMB ordinary
JIC Investment Co., Ltd. 12,984,216 12,984,216
shares
Huarong Securities－China
Merchants Securities－Huarong RMB ordinary
12,705,624 12,705,624
Youzhi Collective Asset shares
Management Plan No. 1
Beixin Ruifeng Fund - Pudong
Development Bank - Beijing
International Trust - Beijing Trust - RMB ordinary
10,818,183 10,818,183
Light Salt Harvest Wealth shares
Management 2015015 Pooled Fund
Trust Plan
RMB ordinary
Huang Binglong 7,000,000 7,000,000
shares
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.
As of 30 September 2022, Pulead Technology Industry Co., Ltd., held 48,149,665 shares
through the credit securities account. And Luzhou Industrial Development Investment Group
Note on the top 10 shareholders'
Co., Ltd., held 31,770,010 shares through the credit securities account, as well as Qinghai
participation in securities margin
Puren Intelligent Technology R & D Center (Limited Partnership) held 26,628,300 shares
trading (if any)
through the credit securities account. And Huang Binglong, held 7,000,000 shares through the
credit securities account.
Explanation on the shareholding of the repurchase account
As of the close of business on September 30, 2022, the number of shares held by the Company's repurchase special account was
106,652,136 shares, accounting for 8.04% of the total share capital as of the close of business on September 30, 2022. The Company
completed the cancellation of 85,321,704 repurchased shares on October 10, 2022. As of the Disclosure Date ( October 26, 2022), the
number of shares held by the Company's repurchase special account was 21,330,432 shares, representing 1.72% of the total share
capital of the Company as of October 26, 2022.
2. Total Number of Preference Shareholders and Information of Top 10 Preference Shareholders
□ Applicable √ Not applicable
III Other Significant Events
√Applicable □ Not applicable
1. Completion of implementation of share repurchase
At the close of business on September 22, 2022, the implementation period of the share repurchase program launched by the
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Guangdong Dongfang Precision Science & Technology Co., Ltd. Report of Q3 2022
Company in September 2021 expired and the implementation of the share repurchase was completed. During the 12-month
implementation period, the Company repurchased a total of 106,652,136 shares from the secondary market through centralized
competitive trading, and the cumulative amount paid for the repurchased shares was approximately RMB551 million. The source of
funds, amount of funds, repurchase price, repurchase quantity and repurchase implementation time interval for the repurchased shares
did not differ from the share repurchase program considered and approved by the Board of Directors and the General Meeting of
Shareholders of the Company.
For details, please refer to the "Announcement on the Completion of the Implementation of Share Repurchase and Changes in
Shares" disclosed by the Company on September 24, 2022 (published on www. cninfo.com.cn).
2. Completion of the implementation of the cancellation of part of the repurchased shares
Under the share repurchase program completed on September 22, 2022, the designated uses of the repurchased shares were: 80%
of the total number of repurchased shares and 85,321,704 shares were used for cancellation and reduction of the registered capital of
the Company; 20% of the total number of repurchased shares and 21,330,432 shares were used for share incentive or employee stock
ownership plan. As confirmed by China Securities Depository and Clearing Corporation, Shenzhen Branch, the Company completed
the cancellation of 85,321,704 repurchased shares, which is accounting for 80% of the total number of repurchased shares on October
10, 2022.
In addition, on 26 July 2022, the Company completed the cancellation of 5,510,063 repurchased public shares, which were sourced
from the share repurchase program implemented and completed by the Company during the period from 2018 to 2019, and which were
not used for the designated purpose within three years from the completion of such share repurchase program since July 2019. The
Company proceeded with the cancellation in accordance with the law.
Upon completion of the cancellation of the above two batches of repurchased shares, the total share capital of the Company was
reduced by a total of 90,831,767 shares, and the total share capital of the Company as of the Disclosure Date of this report for disclosure
(October 26, 2022) was 1,241,106,400 shares, representing a decrease of approximately 9.3% as compared to the total number of shares
before cancellation.
For details, please refer to the "Announcement on Completion of Cancellation of Repurchased Shares and Changes in Shares"
disclosed by the Company on July 28, 2022, and October 12, 2022, respectively (published on www. cninfo.com.cn).
IV Quarterly Financial Statements
1. Financial Statements
(1) Consolidated Balance Sheet
Prepared by: Guangdong Dongfang Precision Science & Technology Co., Ltd.
30 September 2022
Unit: RMB
Item 30 September 2022 1 January 2022
Current assets:
Cash and bank balances 1,107,296,435.97 1,664,336,339.35
Settlement provisions
Dismantling funds
Financial assets held for trading 882,702,130.81 788,185,521.57
Derivative financial assets
Notes receivable 26,386,932.52 13,272,025.04
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Guangdong Dongfang Precision Science & Technology Co., Ltd. Report of Q3 2022
Item 30 September 2022 1 January 2022
Accounts receivable 743,907,414.64 741,135,648.09
Receivable financing 54,351,960.68 30,692,449.25
Prepayments 83,589,685.96 34,177,802.36
Premium receivable
Receivable reinsurance account
Provision for reinsurance contract
receivable
Other receivables 71,951,322.58 71,363,166.84
Including: Interest receivable
Dividend receivable
Buy back resale financial assets
Inventories 1,269,626,762.86 867,280,013.47
Contract assets 24,414,117.64
Assets held for sale
Current portion of non-current
308,652,500.00 108,385,000.00
assets
Other current assets 67,475,151.88 32,124,006.99
Total current assets 4,615,940,297.90 4,375,366,090.60
Non-current assets:
Loans and advances
Debt investment
Other debt investments
Long-term receivables 143,750.00
Long-term equity investment 86,432,649.02 84,777,596.67
Investment in other equity
instruments
Other non-current financial assets 269,240,755.21 162,523,519.41
Real estate investment
Fixed assets 536,716,329.13 544,180,159.09
Construction in progress 45,434,466.05 12,298,259.58
Productive biological assets
Oil and gas asset
Right-of-use assets 88,481,050.02 80,386,832.91
Intangible assets 296,076,259.47 293,718,987.62
Development expenditure
Goodwill 446,757,777.27 306,969,147.76
Long-term prepaid expenses 12,929,836.57 11,962,127.07
Deferred tax assets 168,360,242.93 180,245,522.94
Other non-current assets 66,479,187.87 304,596,841.54
Total non-current assets 2,016,908,553.54 1,981,802,744.59
Total assets 6,632,848,851.44 6,357,168,835.19
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Guangdong Dongfang Precision Science & Technology Co., Ltd. Report of Q3 2022
Item 30 September 2022 1 January 2022
Current liabilities:
Short-term borrowings 117,608,403.96 228,312,880.73
Borrowing from the Central Bank
Borrowed funds
Financial liabilities held for trading 57,187,097.25 110,746,939.04
Derivative financial liabilities
Notes payable 159,941,712.34 149,191,690.00
Accounts payable 622,438,253.82 619,265,856.18
Advance receivables
Contract liabilities 819,901,134.61 405,842,932.51
Selling back financial assets
Deposits and Interbank deposit
Agent trading securities
Agent underwriting securities
Employee benefits payable 95,737,445.09 103,809,783.58
Tax payable 26,247,711.58 60,701,346.24
Other payables 105,582,412.01 100,018,273.09
Including: Interest payable
Dividend payable
Fees and commissions
Reinsurance accounts payable
Liabilities held for sale
Current portion of non-current
289,600,294.59 38,495,724.83
liabilities
Other current liabilities 9,915,640.52 12,836,473.00
Total current liabilities 2,304,160,105.77 1,829,221,899.20
Non-current liabilities:
Insurance contract reserve
Long-term borrowings 70,295,037.83 325,026,188.49
Bonds payable
Including: Preference Shares
Perpetual bonds
Lease liabilities 64,105,932.91 65,213,555.87
Long-term payables
Long-term employee benefits
11,992,862.98 16,083,170.32
payable
Provisions 100,945,597.38 117,932,721.59
Deferred income 11,352,816.66 12,190,311.66
Deferred tax liabilities 2,610,713.55 1,747,137.95
Other non-current liabilities 135,250,065.36 136,178,304.44
Total non-current liabilities 396,553,026.67 674,371,390.32
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Guangdong Dongfang Precision Science & Technology Co., Ltd. Report of Q3 2022
Item 30 September 2022 1 January 2022
Total Liabilities 2,700,713,132.44 2,503,593,289.52
Equity:
Share capital 1,326,428,104.00 1,331,938,167.00
Other equity instruments
Including: Preference Shares
Perpetual bonds
Capital surplus 3,313,916,830.91 3,238,765,859.94
Less: Treasury stock 684,696,272.50 494,335,503.94
Other comprehensive income -20,878,858.89 -33,322,662.98
Special reserve 12,826,614.89 11,252,639.19
Surplus reserves 51,830,974.45 51,830,974.45
General risk preparation
Retained earnings -251,841,882.95 -424,159,175.27
Total equity attributable to owners of the
3,747,585,509.91 3,681,970,298.39
parent
Non-controlling interests 184,550,209.09 171,605,247.28
Total equity 3,932,135,719.00 3,853,575,545.67
Total liabilities and equity 6,632,848,851.44 6,357,168,835.19
Legal representative: Tang Zhuolin, Chief Financial Officer: Shao Yongfeng, Person-in-charge of the accounting organ: Yao Bin
(2) Consolidated Income Statement for Q1 - Q3 2022
Unit: RMB
Item Q1 - Q3 2022 Q1 - Q3 2021
1 Total operating revenue 2,430,877,101.51 2,471,728,553.53
Including: Operating revenue 2,430,877,101.51 2,471,728,553.53
Interest income
Premiums earned
Fee and commission income
2 Total operating cost 2,181,012,828.57 2,179,275,730.20
Including: Cost of sales 1,799,559,740.41 1,755,193,255.34
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 8,804,294.91 8,315,762.65
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Guangdong Dongfang Precision Science & Technology Co., Ltd. Report of Q3 2022
Item Q1 - Q3 2022 Q1 - Q3 2021
Selling expenses 110,439,583.77 148,295,933.98
Administrative expenses 211,114,440.03 201,190,092.94
R&D expenses 69,233,420.51 72,900,003.34
Finance costs -18,138,651.06 -6,619,318.05
Including: Interest expenses 7,768,835.81 8,801,348.95
Interest income 13,284,771.87 18,468,389.42
Add: Other income 10,783,803.62 8,886,009.32
Investment income (loss with "-" sign) 9,075,220.66 83,707,643.47
Including: Share of profit or loss of joint
1,640,958.28 2,653,965.06
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
-17,745,079.57 19,786,150.60
"-" sign)
Credit impairment loss (loss is listed with "-
570,166.71 1,177,069.04
" sign)
Asset impairment loss (loss with "-" sign) -8,240,821.46 -3,577,852.62
Gain/loss on disposal of assets (loss with "-"
-169,039.14 254,557.45
sign)
3 Operating profit (losses are listed with "-" sign) 244,138,523.76 402,686,400.59
Add: Non-operating income 1,568,768.68 3,624,142.99
Less: Non-operating expenses 834,313.53 903,376.53
5 Gross profit (the gross loss shall be filled in with the
244,872,978.91 405,407,167.05
sign "-")
Less: Income tax expenses 52,557,877.53 68,984,134.76
Net profit (net loss is listed with "-" sign) 192,315,101.38 336,423,032.29
(1) Net profit from continuing operations
i. Net profit from continuing operations (net loss
192,315,101.38 336,423,032.29
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 172,317,292.32 320,871,722.10
ii. Net profit attributable to non-controlling
19,997,809.06 15,551,310.19
interests
6 Other comprehensive income/(loss), net of tax 8,631,564.33 -31,058,230.51
Other comprehensive income/(loss) attributable 12,443,804.09 -28,154,723.48
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Guangdong Dongfang Precision Science & Technology Co., Ltd. Report of Q3 2022
Item Q1 - Q3 2022 Q1 - Q3 2021
to owners of the parent, net of tax
(1) Other comprehensive loss that will not be
919,271.17 -191,341.26
reclassified to profit or loss
i. Changes caused by remeasurements
919,271.17 -191,341.26
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
11,524,532.92 -27,963,382.22
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
translation of foreign currency-denominated financial 11,524,532.92 -27,963,382.22
statements
vii. Other
Other comprehensive income attributable to non-
-3,812,239.76 -2,903,507.03
controlling interests, net of tax
Total comprehensive income 200,946,665.71 305,364,801.78
Total comprehensive income attributable to
184,761,096.41 292,716,998.62
owners of the parent
Total comprehensive income attributable to non-
16,185,569.30 12,647,803.16
controlling interests
Earnings per share:
(1) Basic earnings per share 0.14 0.24
(2) Diluted earnings per share 0.14 0.24
Legal representative: Tang Zhuolin, Chief Financial Officer: Shao Yongfeng, Person-in-charge of the accounting organ: Yao Bin
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Guangdong Dongfang Precision Science & Technology Co., Ltd. Report of Q3 2022
(3) Consolidated Statement of Cash Flows for Q1 - Q3 2022
Unit: RMB
Item Q1 - Q3 2022 Q1 - Q3 2021
1 Cash flows from operating activities:
Proceeds from sale of goods and rendering of
2,821,088,548.15 2,382,779,347.81
services
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 48,677,542.53 40,051,710.51
Cash generated from other operating activities 42,720,718.95 39,581,691.59
Subtotal of cash generated from operating activities 2,912,486,809.63 2,462,412,749.91
Payments for goods and services 1,955,131,223.15 1,630,409,017.32
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 435,275,683.75 409,726,364.04
Payments of all types of taxes and surcharges 97,860,534.42 64,912,293.11
Cash used in other operating activities 255,783,640.56 233,649,053.48
Subtotal of cash used in operating activities 2,744,051,081.88 2,338,696,727.95
Net cash generated from/used in operating activities 168,435,727.75 123,716,021.96
2 Cash flows from investing activities:
Proceeds from disinvestment 4,213,816,412.95 4,446,989,916.65
Investment income 32,956,946.59 94,953,231.61
Net proceeds from the disposal of fixed assets,
514,643.30 584,797.70
intangible assets and other long-lived assets
Disposal of net cash received by subsidiaries and
other business units
Cash generated from other investing activities 735,039.91 2,434,405.65
Subtotal of cash generated from investing activities 4,248,023,042.75 4,544,962,351.61
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Guangdong Dongfang Precision Science & Technology Co., Ltd. Report of Q3 2022
Item Q1 - Q3 2022 Q1 - Q3 2021
Payments for the acquisition of fixed assets,
124,076,109.92 45,944,656.39
intangible assets and other long-lived assets
Payments for investments 4,307,288,859.03 3,517,221,452.91
Net increase in pledged loans
Obtain net cash paid by subsidiaries and other
139,172,016.05
business units
Cash used in other investing activities
Subtotal of cash used in investing activities 4,570,536,985.00 3,563,166,109.30
Net cash generated from/used in investing activities -322,513,942.25 981,796,242.31
3 Cash flows from financing activities:
Absorb the cash received by the investment 100,000,000.00
Including: the subsidiary absorbs the cash
received from the investment of minority
shareholders
Borrowings raised 289,036,795.45 415,719,289.31
Cash generated from other financing activities 691,069,966.87 89,711,220.71
Subtotal of cash generated from financing activities 980,106,762.32 605,430,510.02
Repayment of borrowings 409,750,318.61 286,140,449.72
Interest and dividends paid 6,847,827.14 9,190,374.80
Including: Interest and dividends paid to
minority shareholders
Cash used in other financing activities 599,831,200.17 970,497,565.95
Subtotal of cash used in financing activities 1,016,429,345.92 1,265,828,390.47
Net cash generated from/used in financing activities -36,322,583.60 -660,397,880.45
4 Effect of foreign exchange rates changes on cash
15,250,110.14 -30,078,848.75
and cash equivalents
5 Net (decrease)/increase in cash and cash equivalents -175,150,687.96 415,035,535.07
Add: Cash and cash equivalents, beginning of
1,259,303,775.74 860,601,236.78
the period
6 Cash and cash equivalents, end of the period 1,084,153,087.78 1,275,636,771.85
Legal representative: Tang Zhuolin, Chief Financial Officer: Shao Yongfeng, Person-in-charge of the accounting organ: Yao Bin
2. Audit Report
Whether the Report has been audited
□ Yes √ No
The report for the third quarter of 2022 of the Company has not been audited.
Board of Directors
of
Guangdong Dongfang Precision Science & Technology Co., Ltd.
25 October 2022
15 / 15
