Chongqing Jianshe Vehicle System Co., Ltd The Third Quarterly Report
2022
Stock code: 200054 Stock Abbreviation: Jianshe Vehicle B Announcement No.: 2022-073
Chongqing Jianshe Vehicle System Co., Ltd.
The Third Quarterly Report 2022
The Company and its directors hereby guarantee that the content of information disclosure is real,
accurate, complete and free from any false record, misleading representation or material omissions.
Important notes
1.The Board of Directors and the Supervisory Committee of the Company and its directors, supervisors and
senior executives should guarantee the reality, accuracy and completion of the quarterly report, there are no any
fictitious statements, misleading statements or important omissions carried in this report, and shall take legal
responsibilities, individual and or joint.
2. Person in charge of the Company, Person in charge of accounting and person in charge of accounting organ
(accounting officer) hereby confirm that the financial information of this Quarterly Report is authentic, accurate
and complete.
3. The Third quarterly report audited or not
□Yes √No
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Chongqing Jianshe Vehicle System Co., Ltd The Third Quarterly Report
2022
I. Main financial data
(I) Main accounting data and financial indexes
Whether it has retroactive adjustment or re-statement on previous accounting data
□ Yes √ No
Increase/decrease from
Increase/decrease in
year-begin to period-
the period compared Year-begin to period-
This period end compared with the
with the same period end
same period of the
of the previous year
previous year
Operating income（Yuan） 113,413,771.40 -31.55% 352,545,234.24 -43.38%
Net profit attributable to the
shareholders of the listed -20,684,911.34 -845.99% -7,278,973.12 27.82%
company（Yuan）
Net profit after deducting of
non-recurring gain/loss
attributable to the -21,587,216.80 -678.40% -49,766,886.53 -285.87%
shareholders of listed
company（Yuan）
Cash flow generated by
business operation, net — — 46,461,606.87 -37.73%
（Yuan）
Basic earning per
-0.1733 -846.99% -0.0610 27.81%
share(Yuan/Share)
Diluted gains per
-0.1733 -846.99% -0.0610 27.81%
share(Yuan/Share)
Weighted average return on
-14.14% -12.85% -4.98% 0.98%
equity（%）
Increase/decrease at the period-end compared
End of this period End of last period
with the end of the previous year
Gross assets（Yuan） 865,849,101.88 1,041,336,478.97 -16.85%
Net assets attributable to the
shareholders of the listed 143,211,432.66 149,303,592.84 -4.08%
company（Yuan）
（II)Items and amount of non-current gains and losses
√ Applicable □ Not applicable
In RMB
Amount from year-begin to
Items This period Notes
period -end
Non-current asset disposal gain/loss(including the
write-off part for which assets impairment 559,479.63 40,420,431.93
provision is made)
Governmental Subsidy accounted as current
gain/loss, except for those subsidies at with amount
or quantity fixed by the national government and 329,807.00 1,531,676.22
closely related to the Company’s business
operation.
Reverse of the provision for impairment of
accounts receivable undergoing impairment test 389,692.60
individually
Other non-operating income and expenditure
13,018.83 146,112.66
except for the aforementioned items
Total 902,305.46 42,487,913.41 --
Other gain/loss items that qualified the definition of non-recurring profit (gains)/losses:
□ Applicable √ Not applicable
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Chongqing Jianshe Vehicle System Co., Ltd The Third Quarterly Report
2022
The Company does not have other gain/loss items that qualified the definition of non-recurring profit
(gains)/losses
Explanation on those non-recurring gain/loss listed in the “Q&A Announcement No.1 on Information
Disclosure for Companies Offering Their Securities to the Public --- Extraordinary Profit/loss” defined as
recurring gain/loss
□ Applicable √ Not applicable
The Company does not have the non-recurring gain/loss listed in the “Q&A Announcement No.1 on
Information Disclosure for Companies Offering Their Securities to the Public --- Extraordinary Profit/loss”
defined as recurring gain/loss
(III) Particulars about changes in items of main accounting data and financial index and explanations of
reasons
√ Applicable □Not applicable
1. Reasons for the YOY decrease in the operating income: From January to September, due to multiple factors
such as the epidemic at home and abroad, power curtailment impacted by high temperature and supply chain
shortage by automobile OEMs, the Company's main product sales of automotive air conditioning compressor
declined, resulting in a decrease in operating income.
2. The reason for the YOY loss reduction in net profit attributable to shareholders of the listed company: it’s
caused by the increase in asset disposal income of 39.02 million yuan (which’s a non-recurring profit and loss
item).（See details in the company’s announcement published on securities times, Hongkong Commercial daily
and http//www.cninfo.com.cn on May 11,2022 (Announcement No.:2022-050))
3. The reason for the YOY decrease in net profit attributable to shareholders of the listed company after
deducting non-recurring profits and losses: it’s due to the decrease in the scale of product sales in the first three
quarters.
4. The YOY decrease in net cash flow from operating activities is due to the decrease in the scale of product
sales in the first three quarters.
II. Shareholders Information
(I) Total number of common shareholders and preference shareholders with voting rights recovered and
top ten common shareholders
In Shares
Total number of common Total preference shareholders with the voting power
7,064 0
shareholders at the period-end recovered at the end of the reporting period(if any)
Shares held by the top 10 shareholders
Pledging or freezing
Amount of
Share tradable shares
Properties of
Shareholder name proportion Quantity Status of the Quanti
shareholder
% with Conditional shares ty
held
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Chongqing Jianshe Vehicle System Co., Ltd The Third Quarterly Report
2022
China Military
State-owned
Equipment Group Co., 71.13% 84,906,250 84,906,250
legal person
Ltd.
Domestic
Gu Zuocheng 1.89% 2,261,000 2,218,750
natural person
Anhui Hengsheng Domestic non-
Investment Development state-owned 1.47% 1,750,000 1,750,000
Co., Ltd. legal person
Domestic
Xu Yuanhui 0.81% 966,999.01 0
natural person
Domestic
Liu Dan 0.74% 880,376.00 0
natural person
Domestic
Chen Xinqiang 0.51% 612,400.00 0
natural person
CORE PACIFIC-
YAMAI
Foreign legal
CHI INTERNAT 0.51% 605,650.00 0
person
IONAL (H.K.) LIMIT
ED
Domestic
Zhang Meilan 0.43% 513,560.00 0
natural person
Domestic
Feng Yonghui 0.42% 500,000.00 500,000.00
natural person
Domestic
Li Jianping 0.36% 424,500.00 0
natural person
Shares held by the Top 10 Shareholders of Non-restricted shares
Number of the non-restricted Share type
Shareholders’ Names
shares held Share type Quantity
Foreign shares placed in domestic
Xu Yuanhui 966,999 966,999
exchange
Foreign shares placed in domestic
Liu Dan 880,376 880,376
exchange
Foreign shares placed in domestic
Chen Xinqiang 612,400 612,400
exchange
CORE PACIFIC-
YAMAI
Foreign shares placed in domestic
CHI INTERNAT 605,650 605,650
IONAL (H.K.) LIMIT exchange
ED
Foreign shares placed in domestic
Zhang Meilan 513,560 513,560
exchange
Foreign shares placed in domestic
Li Jianping 424,500 424,500
exchange
Foreign shares placed in domestic
Chen Houping 423,800 423,800
exchange
Foreign shares placed in domestic
Lv Gang 418,099 418,099
exchange
Foreign shares placed in domestic
Zhang Long 351,577 351,577
exchange
Foreign shares placed in domestic
Liu Guosheng 345,575 345,575
exchange
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Chongqing Jianshe Vehicle System Co., Ltd The Third Quarterly Report
2022
There is no affiliated relationship between the top ten non-restricted tradable
shareholders and the controlling shareholder China Military Equipment Group
Co., Ltd. nor do they belong to the consistent actors stipulated in the
Explanation on associated relationship or Administrative Measures for the Acquisition of Listed Companies; it is unknown
to the company whether there is an affiliated relationship between the top ten
concerted action of the above shareholders non-restricted tradable shareholders as well as between the top ten non-restricted
tradable shareholders and the other top ten shareholders, or whether they are
included in the consistent actors stipulated in the Administrative Measures for the
Acquisition of Listed Companies
Note to the top 10 common stockholders
involved in margin financing & securities Not applicable
lending (If any)
(II) Total shareholders with preferred stock held and shares held by top ten shareholders with preferred
stock held
□ Applicable √ Not applicable
III. Other significant events
□ Applicable √ Not applicable
IV. Quarterly financial statements
（I）Financial statement
1. Consolidated balance sheet
Prepared by：Chongqing Jianshe Vehicle System Co., Ltd.
September 30,2022
In RMB
Items September 30,2022 January 1,2022
Current asset：
Monetary fund 91,961,472.05 91,678,523.19
Settlement provision
Outgoing call loan
Transactional financial assets
Derivative financial assets
Notes receivable 2,220,000.00
Account receivable 103,787,794.84 149,333,285.64
Financing receivable 49,073,996.87 29,250,840.86
Prepayments 4,890,474.38 7,228,480.93
Insurance receivable
Reinsurance receivable
Provisions of Reinsurance contracts receivable
Other account receivable 1,709,714.69 1,431,664.33
Including：Interest receivable
Dividend receivable
Repurchasing of financial assets
Inventories 162,637,909.97 206,719,605.79
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Chongqing Jianshe Vehicle System Co., Ltd The Third Quarterly Report
2022
Contract assets
Assets held for sales 104,982,996.11
Non-current asset due within 1 year
Other current asset 2,446,999.66 4,585,170.16
Total of current assets 416,508,362.46 597,430,567.01
Non-current assets：
Loans and payment on other’s behalf disbursed
Creditor's Investment
Other Creditor's Investment
Long-term receivable
Long term share equity investment 208,442,482.81 201,984,268.72
Other equity instruments investment
Other non-current financial assets
Property investment
Fixed assets 207,073,464.55 216,541,481.98
Construction in progress 2,026,125.47 1,811,125.46
Production physical assets
Oil & gas assets
Use right assets
Intangible assets 12,266,273.42 13,580,639.04
Development expenses
Goodwill
Long-germ expenses to be amortized 81,955.18 116,978.77
Deferred income tax asset 6,060,617.99 6,060,617.99
Other non-current asset 13,389,820.00 3,810,800.00
Total of non-current assets 449,340,739.42 443,905,911.96
Total of assets 865,849,101.88 1,041,336,478.97
Current liabilities
Short-term loans 475,603,500.00 493,460,000.00
Loan from Central Bank
Borrowing funds
Transactional financial liabilities
Derivative financial liabilities
Notes payable 39,699,988.94 160,670,000.00
Account payable 166,825,273.22 190,292,444.13
Advance receipts
Contract liabilities 8,988,084.56 2,868,604.98
Selling of repurchased financial assets
Deposit taking and interbank deposit
Entrusted trading of securities
Entrusted selling of securities
Employees’ wage payable 6,238,326.48 20,944,522.89
Tax payable 17,109,848.87 15,134,121.83
Other account payable 5,743,569.31 6,766,954.83
Including：Interest payable
Dividend payable
Fees and commissions payable
Reinsurance fee payable
Liabilities held for sales
Non-current liability due within 1 year
Other current liability 1,168,450.99 372,918.65
Total of current liability 721,377,042.37 890,509,567.31
Non-current liabilities：
Reserve fund for insurance contracts
Long-term loan
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Chongqing Jianshe Vehicle System Co., Ltd The Third Quarterly Report
2022
Bond payable
Including：preferred stock
Sustainable debt
Lease liability
Long-term payable
Long-term remuneration payable to staff
Expected liabilities
Deferred income
Deferred income tax liability 1,260,626.85 1,523,318.82
Other non-current liabilities
Total non-current liabilities 1,260,626.85 1,523,318.82
Total of liability 722,637,669.22 892,032,886.13
Owners’ equity
Share capital 119,375,000.00 119,375,000.00
Other equity instruments
Including：preferred stock
Sustainable debt
Capital reserves 958,565,294.29 958,565,294.29
Less：Shares in stock
Other comprehensive income 9,800.00 9,800.00
Special reserve 2,900,695.44 1,713,882.50
Surplus reserves 125,686,000.00 125,686,000.00
Common risk provision
Retained profit -1,063,325,357.07 -1,056,046,383.95
Total of owner’s equity belong to the parent
143,211,432.66 149,303,592.84
company
Minority shareholders’ equity
Total of owners’ equity 143,211,432.66 149,303,592.84
Total of liabilities and owners’ equity 865,849,101.88 1,041,336,478.97
Legal Representative: Yan Xuechuan
Person-in-charge of the accounting work：Tan Mingxian
Person-in -charge of the accounting organ：Niu Yanli
2. Consolidated Income statement between the beginning of the year and end of the report period
In RMB
Items Amount in this period Amount in last period
I. Turnover 352,545,234.24 622,651,481.98
Including：Operating income 352,545,234.24 622,651,481.98
Interest income
Insurance fee earned
Commission charge and commission income
II. Total operating costs 409,580,025.91 646,729,231.21
Including ：Operating costs 334,055,825.02 544,119,570.31
Interest expense
Fee and commission paid
Insurance discharge payment
Net claim amount paid
Appropriation of deposit for duty, net
Insurance policy dividend paid
Reinsurance expenses
Business tax and surcharge 3,315,083.54 6,486,083.62
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Chongqing Jianshe Vehicle System Co., Ltd The Third Quarterly Report
2022
Sales expense 10,537,470.73 14,488,710.89
Administrative expense 27,127,408.25 42,475,062.73
R & D expense 22,204,867.13 21,811,124.93
Financial expenses 12,339,371.24 17,348,678.73
Including：Interest expense 15,023,604.12 18,499,909.43
Interest income 1,584,346.85 1,453,476.66
Add：Other income 1,531,676.22 843,693.97
Investment gain（“-”for loss） 6,458,214.09 8,573,116.34
Including: investment gains from affiliates 6,458,214.09 8,573,116.34
Financial assets measured at amortized cost cease to be
recognized as income
Gains from currency exchange
Net exposure hedging income
Changing income of fair value
Credit impairment loss 715,809.13 91,846.88
Impairment loss of assets
Assets disposal income 40,420,431.93 1,566,473.14
III. Operating profit（“-”for loss） -7,908,660.30 -13,002,618.90
Add ：Non-operating income 149,225.09 203,158.55
Less: Non-operating expense 3,112.43 198.18
IV. Total profit(“-”for loss) -7,762,547.64 -12,799,658.53
Less：Income tax expenses -483,574.52 -2,715,471.44
V. Net profit -7,278,973.12 -10,084,187.09
(I) Classification by business continuity
1.Net continuing operating profit
2.Termination of operating net profit
(II) Classification by ownership
1.Net profit attributable to the owners of parent company -7,278,973.12 -10,084,187.09
2.Minority shareholders’ equity
VI. Net after-tax of other comprehensive income
Net of profit of other comprehensive income attributable to owners
of the parent company.
（I）Other comprehensive income items that will not be
reclassified into gains/losses in the subsequent accounting period
1.Re-
measurement of defined benefit plans of changes in net debt or net
assets
2.Other comprehensive income under the equity method investee c
an not be reclassified into profit or loss.
3. Changes in the fair value of investments in other equity
instruments
4. Changes in the fair value of the company’s credit risks
5.Other
(II)Other comprehensive income that will be reclassified into profit
or loss
1.Other comprehensive income under the equity method investee c
an be reclassified into profit or loss.
2. Changes in the fair value of investments in other debt
obligations
3. Other comprehensive income arising from the reclassification of
financial assets
4.Allowance for credit impairments in investments in other debt
obligations
5. Reserve for cash flow hedges
6.Translation differences in currency financial statements
7.Other
Net of profit of other comprehensive income attributable to Minori
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Chongqing Jianshe Vehicle System Co., Ltd The Third Quarterly Report
2022
ty shareholders’ equity
VII. Total comprehensive income -7,278,973.12 -10,084,187.09
Total comprehensive income attributable to the owner of the parent
-7,278,973.12 -10,084,187.09
company
Total comprehensive income attributable minority shareholders
VIII. Earnings per share
（I）Basic earnings per share -0.0610 -0.0845
(II)Diluted earnings per share -0.0610 -0.0845
The current business combination under common control, the net profits of the combined party before achieved
net profit of RMB 0.00, last period the combined party realized RMB0.00.
Legal Representative: Yan Xuechuan
Person in charge of accounting：Tan Mingxian
Accounting Dept Leader: Niu Yanli
3. Consolidated Cash Flow Statement Between the Beginning of the Year and End of the Report Period
In RMB
Items Amount in this period Amount in last period
I.Cash flows from operating activities
Cash received from sales of goods or rending of services 354,717,361.36 425,019,481.86
Net increase of customer deposits and capital kept for brother
company
Net increase of loans from central bank
Net increase of inter-bank loans from other financial bodies
Cash received against original insurance contract
Net cash received from reinsurance business
Net increase of client deposit and investment
Cash received from interest, commission charge and
commission
Net increase of inter-bank fund received
Net increase of repurchasing business
Net cash received by agent in securities trading
Tax returned 5,529,302.73 17,484,341.37
Other cash received from business operation 11,489,136.84 27,905,640.12
Sub-total of cash inflow 371,735,800.93 470,409,463.35
Cash paid for purchasing of merchandise and services 217,662,428.24 280,237,920.68
Net increase of client trade and advance
Net increase of savings in central bank and brother company
Cash paid for original contract claim
Net increase for Outgoing call loan
Cash paid for interest, processing fee and commission
Cash paid for policy dividend
Cash paid to staffs or paid for staffs 77,042,062.53 84,277,139.15
Taxes paid 12,398,158.18 11,148,957.61
Other cash paid for business activities 18,171,545.11 20,132,602.79
Sub-total of cash outflow from business activities 325,274,194.06 395,796,620.23
Net cash generated from /used in operating activities 46,461,606.87 74,612,843.12
II. Cash flow generated by investing
Cash received from investment retrieving
Cash received as investment gains
Net cash retrieved from disposal of fixed assets, intangible assets, 153,535,148.36 1,609,454.58
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Chongqing Jianshe Vehicle System Co., Ltd The Third Quarterly Report
2022
and other long-term assets
Net cash received from disposal of subsidiaries or other
operational units
Other investment-related cash received
Sub-total of cash inflow due to investment activities 153,535,148.36 1,609,454.58
Cash paid for construction of fixed assets, intangible assets and
22,695,713.86 8,607,727.26
other long-term assets
Cash paid as investment
Net increase of loan against pledge
Net cash received from subsidiaries and other operational units
Other cash paid for investment activities
Sub-total of cash outflow due to investment activities 22,695,713.86 8,607,727.26
Net cash flow generated by investment 130,839,434.50 -6,998,272.68
III.Cash flow generated by financing
Cash received as investment
Including: Cash received as investment from minor shareholders
Cash received as loans 384,613,500.00 425,210,000.00
Other financing –related cash received 17,155,373.08 410,642.80
Sub-total of cash inflow from financing activities 401,768,873.08 425,620,642.80
Cash to repay debts 402,933,093.75 472,110,000.00
Cash paid as dividend, profit, or interests 15,160,510.37 18,478,496.99
Including: Dividend and profit paid by subsidiaries to minor
shareholders
Other cash paid for financing activities 134,153,361.47 32,496,751.40
Sub-total of cash outflow due to financing activities 552,246,965.59 523,085,248.39
Net cash flow generated by financing -150,478,092.51 -97,464,605.59
IV. Influence of exchange rate alternation on cash and cash
-9,951.87
equivalents
V.Net increase of cash and cash equivalents 26,822,948.86 -29,859,987.02
Add: balance of cash and cash equivalents at the beginning of term 23,738,523.19 79,310,253.55
VI ..Balance of cash and cash equivalents at the end of term 50,561,472.05 49,450,266.53
（II）Auditor’ report
Is the Third Quarterly Report be audited?
□ Yes √No
The Third Quarterly report is not audited.
The Board of Directors of Chongqing Jianshe Vehicle System Co., Ltd.
October 29,2022
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