Summary of Annual Report 2023
Shenzhen China Bicycle Company (Holdings) Co., Ltd.
Summary of Annual Report 2023
I. Important Notice
The summary is abstract from full-text of annual report, for more details of operating results, financial condition
and future development plan of the Company; investors should found in the full-text of annual report that
published on media appointed by CSRC.
All directors are attended the Board Meeting for Report deliberation.
Tips for non-standard audit opinion
□Applicable Not applicable
Profit distribution pre-plan of common stock or capitalizing of common reserves pre-plan deliberated by the
Board in the reporting period
□Applicable Not applicable
The Company plans not to distribute cash dividends, not to send bonus shares and no reserve capitalizing.
Profit distribution pre-plan of preferred stock deliberated and approved by the Board in the reporting period
□Applicable □Not applicable
II. Company information
1. Company profile
Short form of the stock Zhonghua A, Zhonghua B Stock Code 000017,200017
Stock Exchange for listing Shenzhen Stock Exchange
Short form of the Stock before changed (if applicable) N/A
Person/Way to contact Secretary of the Board Rep. of security affairs
Yu Xiaomin, Zhong
Name Sun Longlong
Xiaojin
8/F Shuibei Jinzuo
8/F Shuibei Jinzuo Building, No.89
Building, No.89 Beili
Offices add. Beili North Road, Cuizhu Street,
North Road, Cuizhu Street,
Luohu District, Shenzhen
Luohu District, Shenzhen
Fax. 0755-28181009 0755-28181009
Tel. 0755-28181688 0755-28181688
E-mail dmc@szcbc.com dmc@szcbc.com
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Summary of Annual Report 2023
2.Main business or product introduction in the reporting period
During the reporting period, the company mainly engaged in jewelry gold business, bicycle and new-energy
lithium battery material business: (1) Gold jewelry business -The company connected with downstream gold
jewelry brands, purchased gold and diamonds according to their product needs, and then entrusted gold jewelry
processing plants for processing, and delivered the inspected and qualified finished products to downstream
customers after making product certificate for them. Through the integration of upstream supplier resources and
downstream customer resources, the turnover speed of gold jewelry products in upstream and downstream has
been improved, the cost of circulation has been reduced, and the overall competitive advantage of upstream and
downstream has formed. (2) Bicycle and new-energy lithium battery material business includes production,
assembly, procurement, and sales of bicycles and electric bicycles, and procurement, sales, and consigned
processing of lithium batteries materials, etc.
3. Main accounting data and financial indexes
(1) Main accounting data and financial indexes for recently three years
Whether it has retroactive adjustment or re-statement on previous accounting data for accounting policy changed
and accounting error correction or not
□Yes No
In RMB
Changes at end of the
current year compared
Year-end of 2023 Year-end of 2022 Year-end of 2021
with the end of
previous year (+,-)
Total assets 369,677,494.32 397,253,487.93 -6.94% 97,363,437.22
Net assets attributable
to shareholder of listed 308,761,246.16 290,129,318.51 6.42% 8,918,538.16
company
Changes in the current
2023 2022 year over the previous 2021
year (+,-)
Operation revenue 568,481,907.92 444,762,238.25 27.82% 165,246,577.95
Net profit attributable
to shareholders of the 17,901,948.24 -7,616,378.75 335.05% -1,986,692.82
listed company
Net profit attributable
to shareholders of the
listed company after
18,493,684.11 -7,644,167.31 341.93% -4,548,872.83
deducting non-
recurring gains and
losses
Net cash flow arising
from operating 29,972,830.62 -261,419,066.03 111.47% 15,673,932.87
activities
Basic
0.03 -0.01 400.00% -0.004
EPS(RMB/Share)
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Summary of Annual Report 2023
Diluted
0.03 -0.01 400.00% -0.004
EPS(RMB/Share)
Weighted average ROE 6.22% -14.30% 20.52% -20.04%
（2）Quarterly main financial index
In RMB
Q1 Q2 Q3 Q4
Operation revenue 151,527,917.92 141,471,244.58 55,503,482.91 219,979,262.51
Net profit attributable
to shareholders of the 2,848,657.72 2,013,641.18 191,639.21 12,848,010.13
listed company
Net profit attributable
to shareholders of the
listed company after
3,066,157.71 1,927,209.63 41,781.30 13,458,535.47
deducting non-
recurring gains and
losses
Net cash flow arising
from operating -7,545,878.64 -27,818,495.02 -4,622,651.82 69,959,856.10
activities
Whether there are significant differences between the above-mentioned financial index or its total number and
the relevant financial index disclosed in the company’s quarterly report and semi-annual report
□Yes No
4. Share capital and shareholders
(1) Particulars about common stock shareholders, preference shareholders with voting rights recovered
and top ten shareholders
In RMB
Total
Total
preferred
common
shareholder
Total shareholder Total preferred
s with
common s at end of shareholders with voting
voting
shareholder 40,022 last month 75,669 0 rights recovered at end of 0
rights
s at end of before last month before annual
recovered
the Period annual report disclosed
at end of
report
reporting
disclosed
period
Top ten shareholders（Excluding shares lent through refinancing)
Information of shares
Name of Proportion
Nature of Amount of restricted pledged, tagged or frozen
Shareholde of shares Amount of shares held
shareholder shares held State of
rs held Amount
share
Wansheng Domestic
Industrial non-state-
Not
Holdings owned 20.00% 137,836,986 137,836,986 0
applicable
(Shenzhen) legal
Co., Ltd. person
Shenzhen Domestic Not
9.22% 63,508,747 0 0
Guosheng non-state- applicable
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Summary of Annual Report 2023
Energy owned
Investment legal
Developme person
nt Co., Ltd.
UOB Kay
Foreign
Hian (Hong Not
legal 2.51% 17,284,885 0 0
Kong) applicable
person
Limited
Guosen
Securities Foreign
Not
(HK) legal 2.02% 13,909,425 0 0
applicable
Brokerage person
Co., Ltd.
Shenwan
Hongyuan
Foreign
Securities Not
legal 1.20% 8,281,156 0 0
(Hong applicable
person
Kong) Co.,
Ltd.
Lhasa Domestic
Xingqing non-state-
Not
Network owned 0.67% 4,600,255 0 0
applicable
Technology legal
Co., Ltd. person
Domestic
Not
Li Huili nature 0.56% 3,891,124 0 0
applicable
person
Domestic
Ge Not
nature 0.44% 3,050,452 0 0
Zhiqiong applicable
person
Domestic
Not
Xu Hongbo nature 0.42% 2,927,319 0 0
applicable
person
China
Merchants Foreign
Not
Securities legal 0.42% 2,894,135 0 0
applicable
(HK) Co., person
Ltd
Li Huili, spouse of Ji Hanfei, the actual controller of Shenzhen Guosheng Energy Investment
Development Co., Ltd., holding B-share of the Company on behalf of Shenzhen Guosheng Energy
Explanation on associated
Investment Development Co., Ltd., other than that, the Company does not know whether the other
relationship among the
outstanding shareholders are related and whether the shareholders belong to persons acting in
aforesaid shareholders
concert regulated in the Administration of Disclosure of Information on the Change of Shareholders
in Listed Companies.
Explanation on involving
margin business (if N/A
applicable)
Lending of shares by the top ten shareholders participating in refinancing business
□ Applicable √ Not applicable
The top ten shareholders have changed from the previous period
□ Applicable √ Not applicable
(2) Total preferred stock shareholders of the Company and shares held by top ten shareholders with
preferred stock held
□Applicable Not applicable
The Company had no shareholders with preferred stock held in the reporting.
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Summary of Annual Report 2023
(3) Property right and controlling relationships between the actual controllers of the Company and the
Company is as follows
5. Bonds in existence as of the approval date of the annual report
□Applicable Not applicable
III. Important matters
1. Purchasing the minority interest in controlling subsidiary
In order to further integrate resources, better optimize the resources allocation and improve competitiveness and
comprehensive strength of the Company in field of jewelry and gold business, in June 2023, the Resolution of
Purchasing Minority Interest from Controlling Subsidiary and Related Transactions was deliberated and approved
by the Board and Shareholders’ General Meeting respectively. Based on reference to the (YW Appraisal Zi[2023]
No. 041) Asset Appraisal Report of the Proposed Equity Transfer of Shenzhen Xinsen Jewelry Gold Supply Chain
Co., Ltd Involving the Value of Certain Shareholders’ Interests issued by Yu Wei International Asset Appraisal
(Shenzhen ) Co., Ltd., the Company purchased 35% equity of Xinsen Company held by Zuankinson with 25.55
million yuan. After the purchase, the Company holds 100% equity of Xinsen Company, which has become a
wholly-owned subsidiary of the Company. Refer to (www.cninfo.com.cn) for details: Announcement on Purchase
of the Minority Interest in Controlling Subsidiary and Related Transactions (Notice No.: 2023-019) dated 7 June
2023. As at the date of the announcement, the Company has completed the changing procedures of industrial &
commercial for Xinsen Company. Refer to (www.cninfo.com.cn) for details: Progress of Purchasing Minority
Interest in Controlling Subsidiary dated 11 August 2023.
Board of Directors of Shenzhen China Bicycle Company (Holdings) Co., Ltd.
April 19,2024
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