深圳市特力(集团)股份有限公司 2017 年半年度报告摘要 Stock Code: 000025,200025 No.:2017-071 Short Form of Stock: Tellus A, Tellus B Shenzhen Tellus Holding Co., Ltd. Summary of Semi-Annual Report 2017 1. Important Notice The summary of semi-annual report is excerpted from the full text of the semi-annual report. For the details, investors should carefully read the full text of the semi-annual report published on Juchao Information website (www.cninfo.com.cn) and Shenzhen Stock Exchange Website etc., appointed by CSRC. Board of Directors, Supervisory Committee, all directors, supervisors and senior executives of Shenzhen Tellus Holding Co., Ltd. (hereinafter referred to as the Company) hereby confirm that there are no any fictitious statements, misleading statements, or important omissions carried in this report, and shall take all responsibilities, individual and/or joint, for the reality, accuracy and completion of the whole contents. All directors are attended the Board Meeting for report deliberation. Prompt of 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 There is no plan of cash bonus, dividend distribution and capitalizing of common reserves carried out by the Company Profit distribution pre-plan of preferred stock deliberated and approved by the Board in the reporting period □ Applicable √ Not applicable II. Company profile 1. Company profile Short form of the stock Tellus-A, Tellus-B Stock code 000025, 200025 Stock exchange for listing Shenzhen Stock Exchange Person/Way to contact Secretary of the Board Rep. of security affairs Name Qi Peng Sun Bolun 15/F, CNNC Building, Shennan Middle 15/F, CNNC Building, Shennan Middle Office add. Road, Futian District, Shenzhen Road, Futian District, Shenzhen Tel. (0755)83989378 (0755)83989339 E-mail ir@tellus.cn sunbl@tellus.cn 2. Main financial data and indexes Whether it has retroactive adjustment or re-statement on previous accounting data □Yes √ No 1 深圳市特力(集团)股份有限公司 2017 年半年度报告摘要 Current period Same period of last year Changes over last year Operating income (RMB) 160,984,104.56 157,147,166.48 2.44% Net profit attributable to shareholders of 24,596,905.09 17,747,952.63 38.59% the listed Company(RMB) Net profit attributable to shareholders of the listed Company after deducting 17,705,046.11 15,449,772.01 14.60% non-recurring gains and losses(RMB) Net cash flow arising from operating 7,380,561.40 23,971,506.36 -69.21% activities(RMB) Basic earnings per share (RMB/Share) 0.0827 0.0597 38.53% Diluted earnings per share (RMB/Share) 0.0827 0.0597 38.53% Weighted average ROE 2.71% 2.02% 0.69% Changes over period-end of Period-end Period-end of last year last year Total assets (RMB) 1,217,998,855.68 1,189,001,074.98 2.44% Net assets attributable to shareholder of 920,993,189.04 895,362,614.95 2.86% listed Company (RMB) 3. Number of shares and share-holding In Share Total preference shareholders Total common stock shareholders in with voting rights recovered at 65,094 0 reporting period-end end of reporting period (if applicable) Top ten shareholders Number of share Full name of Nature of Proportion of Amount of Amount of restricted shares held pledged/frozen Shareholders shareholder shares held shares held State of share Amount Shenzhen Special State-owned 49.09% 145,925,256 6,000,000 Development corporation Group Co., Ltd. Shenzhen Capital Fortune Jewelry Domestic non Industry state-owned 23.88% 71,000,000 71,000,000 Investment corporate Enterprise (limited 2 深圳市特力(集团)股份有限公司 2017 年半年度报告摘要 partnership) GUOTAI JUNAN Foreign SECURITIES( 0.88% 1,241,440 corporation HONGKONG) LIMITED Domestic Li Guangxin 0.26% 761,161 nature person Weng Foreign nature 0.19% 579,528 Zhengwen person Domestic He Xing 0.10% 300,100 nature person Foreign nature Zeng Huiming 0.09% 270,000 person Domestic Huang Chuyun 0.09% 266,500 nature person Agricultural Bank of China Other 0.08% 242,400 Ltd. – CSI 500 ETF Domestic Lin Fengfang 0.07% 216,933 nature person Among the top ten shareholders, there exists no associated relationship between the state-owned Explanation on associated legal person’s shareholders SDG, Ltd and other shareholders, and they do not belong to the relationship among the top ten consistent actionist regulated by the Management Measure of Information Disclosure on Change shareholders or consistent action of Shareholding for Listed Companies. For the other shareholders of circulation share, the Company is unknown whether they belong to the consistent actionist. Explanation on involving margin N/A business(if applicable) 4. Changes of controlling shareholders or actual controller Controlling shareholder changed in the Period □ Applicable √ Not applicable Controlling shareholders had no change in reporting period. Actual controller changed in the Period □ Applicable √ Not applicable Actual controller had no change in reporting period. 5. Total preferred shareholders and top 10 shares held by preferred shareholders □ Applicable √ Not applicable 3 深圳市特力(集团)股份有限公司 2017 年半年度报告摘要 The Company has no preferred shareholders 6. Corporate bond Whether the Company has a corporation bonds that issuance publicly and listed on stock exchange and without due on the date when semi-annual report approved for released or fail to cash in full on due No III. Discussion and analysis of operation 1. Operation status in the period Does the Company need to comply with the disclosure requirements of the special industry No The main business of the company during the reporting period was auto sales; auto testing, maintenance and accessories sales; property leasing and service business. During the reporting period, under the leadership of the Board of Directors, the company took innovation-driven development as the guiding principle, actively promoted the company's strategic transformation in accordance with the company's strategic planning, ensured the sound development of existing main business, accelerated to implement the new business model and ensured the smooth implementation of strategic transformation through the overall allocation of resources. During the reporting period, under the general background of continued downturn in the marketing environment, the Company achieved good operating results by innovating ideas, integrating business, exploring the greatest potential of stock business, and giving play to the basic support role of the original business, and the total profit and the net profit attributable to the parent company raised substantially over the same period last year. From January to June 2017, the company achieved operating income of RMB 160,984,100, an increase of RMB 3,836,900 or 2.44% compared with RMB 157,147,200 in the same period of last year; the total profit was RMB 24,025,100, an increase of RMB 5,457,700 or 29.39% compared with RMB 18,567,400 in the same period of last year; net profit attributable to the parent company was RMB 24,596,900, an increase of RMB 6,849,000 or 38.59% compared with RMB 17,748,000 in the same period of last year. The main reason for the increase of the total profit and the net profit attributable to the parent company over the same period last year was because of the increase in the property leasing income and the investment income from equity transfer. On the basis of the steady and healthy development of the current main business, the transformation of Tellus Group has also entered the implementation stage. During the reporting period, Anhui Tellus Starlight Jinzun Jewelry Co., Ltd. which was established for entering the retail market of jewelry market has been opened for business; Sichuan Tellus Jewelry Technology Co., Ltd., the regional channel platform project of jewelry market channel, has completed the industrial and commercial registration, and shall carry out business soon; Tellus Shuibei Jewelry Building phase I project which aimed at the jewelry physical platform has entered the investment attraction stage and is predicted to put into use before the end of 2017. In the second half of 2017, Tellus Group will continue to explore new ideas, develop steadily, and strive to complete the annual economic indicators. 4 深圳市特力(集团)股份有限公司 2017 年半年度报告摘要 Change of main financial data on a y-o-y basis In RMB Current period Same period of last year y-o-y changes (+,-) Reasons Revenue from vehicle sales increased from a year earlier, particularly Operation revenue 160,984,104.56 157,147,166.48 2.44% the high and mid grade vehicles; and rental revenue increased Operating costs increased for the vehicle sales increased, and furthermore, leasing Operation costs 118,024,813.96 112,822,380.88 4.61% costs from the new Tellus Starlight Company increased from a year earlier Sales expense 6,883,605.25 7,399,760.23 -6.98% Management expense 19,352,021.76 20,805,027.12 -6.98% Interest expenditure Financial expense 26,460.54 289,000.78 -90.84% declined after SDG loans are paid Income tax expense 623,687.09 597,869.12 4.32% The new Tellus Starlight paid margins of the goods to Chow Tai Fook Net cash flow arising and at end of May in the 7,380,561.40 23,971,506.36 -69.21% from operation activities period, the net cash flow from operation declined for the property company transferred Net cash flow arising Financing products from investment -84,354,916.88 24,320,840.63 investment increased activities from a year earlier Loans of engineering increased and minority investment for Tellus Net cash flow arising 21,709,660.64 -16,495,591.67 Starlight Company from financing activities increased in the period; while loans interest paid to SDG at same period of 5 深圳市特力(集团)股份有限公司 2017 年半年度报告摘要 last year Net increase of cash and -55,264,848.22 31,796,882.13 cash equivalent Earnings from Investment earnings 9,636,578.24 5,100,570.96 88.93% subsidiary’s equity transfer increased 2. Matters relevant to financial report (1) Particulars about the changes in aspect of accounting policy, estimates and calculation method compared with the accounting period of last year □ Applicable √ Not applicable The Company had no particulars about the changes in aspect of accounting policy, estimates or calculation method in the reporting period. (2) Particulars about retroactive restatement on major correction for accounting errors in reporting period □ Applicable √ Not applicable The company had no particulars about retroactive restatement on major correction for accounting errors in the reporting period. (3) Particulars about the change of consolidation range compared with the accounting period of last year √Applicable □Not applicable One subsidiary disposed in the period -Shenzhen Tellus SDG Property Management Co., Ltd. through negotiating transfer. Tellus Property did not included in consolidation statement socpe after euqity transferred. Found more in relevant Notice No.: 2017-039 released on Securities Times, Hong Kong Commercial Daily and Juchao Website (www.cninfo.com.cn) 6