Chengde Nanjiang Co., Ltd.
THE THIRD QUARTERLY REPORT FOR 2016
October 2016
Section I. Important Notes
Board of Directors and the Supervisory Committee of Chengde Nanjiang Co.,
Ltd. (hereinafter referred to as the Company) and its directors, supervisors and
senior executives 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 of the Company are attended the Meeting for quarterly report
deliberation.
Principal of the Company Zhao Yongsheng, Person in Charge of Accounting
Works Zhao Yongsheng and Person in Charge of Accounting Organ
(Accounting Officer) Liu Fengguo hereby confirm that the Financial Report of
the Third Quarterly Report is authentic, accurate and complete.
Section II. Main accounting data and changes of shareholders
I. Main accounting data and index
Whether it has retroactive adjustment or re-statement on previous accounting data for accounting policy changed and accounting
error correction or not
□Yes √ No
Current period-end Period-end of last year Increase/decrease
Total assets(RMB) 696,718,663.94 854,793,263.22 -18.49%
Net assets attributable to
shareholders of listed company 360,321,697.66 352,256,123.56 2.29%
(RMB)
Increase/decrease in
Increase/decrease in
Year-begin to end of comparison with
Current period comparison with same
the Period year-begin to
period of last year
Period-end of last year
Operating revenue (RMB) 103,804,200.47 99.97% 295,218,682.21 183.08%
Net profit attributable to
shareholders of the listed company 2,454,508.79 118.03% 4,256,378.73 -93.11%
(RMB)
Net profit attributable to
shareholders of the listed company
2,520,155.95 119.62% 4,592,904.24 111.99%
after deducting non-recurring gains
and losses(RMB)
Net cash flow arising from
-- -- 80,749,416.66 389.93%
operating activities(RMB)
Basic earnings per share 115.79%
0.003 0.006 -93.10%
(RMB/Share)
Diluted earnings per share 115.79%
0.003 0.006 -93.10%
(RMB/Share)
Weighted average ROE 0.68% 4.45% 1.20% -18.05%
In RMB
Amount from year-begin to
Item Note
end of the Period
Other non-operating income and expenditure except for the
-336,525.51
aforementioned items
Total -336,525.51 --
Concerning the extraordinary profit (gain)/loss defined by Q&A Announcement No.1 on Information Disclosure for Companies
Offering Their Securities to the Public --- Extraordinary Profit/loss, and the items defined as recurring profit (gain)/loss according to
the lists of extraordinary profit (gain)/loss in Q&A Announcement No.1 on Information Disclosure for Companies Offering Their
Securities to the Public --- Extraordinary Profit/loss, explain reasons
□ Applicable √ Not applicable
In reporting period, the Company has no particular about items defined as recurring profit (gain)/loss according to the lists of
extraordinary profit (gain)/loss in Q&A Announcement No.1 on Information Disclosure for Companies Offering Their Securities to
the Public --- Extraordinary Profit/loss.
II. Statement of the total shareholders and shares-held of top ten shareholders at end of the
Period
1. Number of common shareholders and preference shareholders with voting rights recovered and top ten
common shareholders
In share
Total preference
shareholders with voting
Total number of common
shareholders at the end of report 19,555 rights recovered at end of 0
period
reporting period (if
applicable)
Top ten shareholders
Amount of Number of share pledged/frozen
Nature of Proportion of Amount of shares
Shareholders non-tradable
shareholder shares held held State of share Amount
shares held
Domestic natural
Wang Dong 29.49% 208,324,800 208,324,800 Frozen 208,324,800
person
China Everbright
Securities (HK) Foreign corporate 13.28% 93,833,093 0
Limited
GUOTAI
JUNAN
SECURITIES(H Foreign corporate 6.87% 48,524,062 0
ONGKONG)
LIMITED
Chengde North Domestic
Industrial non-state owned 2.62% 18,517,651 18,517,651
Corporation legal person
Domestic natural
Wang Zhengsong 1.89% 13,327,891 13,327,891
person
Wang Wensheng Domestic natural 1.03% 7,258,007 0
person
Domestic natural
Zhou Haihong 0.95% 6,708,495 0
person
Domestic natural
Li Tianyun 0.73% 5,158,000 0
person
Shen wan
hongyuan
Foreign corporate 0.71% 4,995,920 0
securities (Hong
Kong) co., LTD
Domestic natural
Chen Yan 0.57% 4,023,256 0
person
Tradable shares held by top 10 shareholders
Type of shares
Shareholders Amount of tradable shares held
Type Amount
Domestically
China Everbright Securities (HK)
93,833,093 listed foreign 93,833,093
Limited
shares
GUOTAI JUNAN Domestically
SECURITIES(HONGKONG) 48,524,062 listed foreign 48,524,062
LIMITED shares
Domestically
Wang Wensheng 7,258,007 listed foreign 7,258,007
shares
Domestically
Zhou Haihong 6,708,495 listed foreign 6,708,495
shares
Domestically
Li Tianyun 5,158,000 listed foreign 5,158,000
shares
Domestically
Shen wan hongyuan securities
4,995,920 listed foreign 4,995,920
(Hong Kong) co., LTD
shares
Domestically
Chen Yan 4,023,256 listed foreign 4,023,256
shares
Domestically
Zhao Ziying 3,286,616 listed foreign 3,286,616
shares
VANGUARD TOTAL Domestically
3,182,875 3,182,875
INTERNATIONAL STOCK listed foreign
INDEX FUND shares
Domestically
Peng Wei 2,978,525 listed foreign 2,978,525
shares
Explanation on associated The Company is unknown whether there exists associated relationship or belongs to
relationship among the aforesaid consistent actor regulated by “management method for acquisition of listed company” among
shareholders the above said shareholders.
Explanation on shareholders
involving margin business about top
N/A
ten common shareholders (if
applicable)
Whether top ten common shareholders or top ten common shareholders with un-restrict shares held have a buy-back agreement
dealing in reporting period
□ Yes √ No
The ten common shareholders or top ten common shareholders with un-restrict shares held of the Company have no buy-back
agreement dealing in reporting period.
2. Total of shareholders with preferred stock held and the top ten shareholdings
□Applicable √Not applicable
Section III. Important events
I. Particular about major changes from items of main accounting statements and financial
indexes as well as reasons
√ Applicable □Not applicable
1. Items of balance sheet
Seria Opening Changes
Item Closing balance Reasons
l balance Amount Ratio
1 136,386,377.94 88,237,416.98 48,148,960.96 54.57% The house-selling money increased
Monetary fund
in the Period
2 1,340,398.33 156,113.53 1,184,284.80 758.60% Credit sale business in the Period
Account receivable
increased
3 Account paid in 364,972.49 1,105,122.95 -740,150.46 -66.97% Settlement of account paid in
advance advance in the Period
4 Inventory 395,916,501.71 619,241,374.72 -223,324,873.01 -36.06% Soaring saels in the Period
5 22,173,136.04 33,761,457.51 -11,588,321.47 -34.32% Loss & gains of the advance payment
Other current assets
of tax brought forward
6 20,021,392.92 35,013,234.30 -14,991,841.38 -42.82% Settlement of account payable in the
Account receivable
Period
7 Account received in 290,954,084.34 435,991,938.57 -145,037,854.23 -33.27% Close account receivable in advance
advance for house to revenue
2. Items of profit statement
Seria Changes
Item This Period Last period Reasons
l Amount Ratio
1 295,218,682.21 104,286,951.75 190,931,730.46 183.08% The real estate project close to
Operation revenue
revenue in the Period
2 Operation cost 251,759,308.25 100,192,632.70 151,566,675.55 151.28% The real estate project close to
revenue in the Period
3 Business tax and 19,908,763.10 2,110,940.76 17,797,822.34 843.12% The real estate project close to
surcharge revenue in the Period
4 348,246.06 1,834,389.20 -1,486,143.14 -81.02% Marketing costs declined in the
Sales expense
Period
5 Non-operation 170,218.40 104,095,677.29 -103,925,458.89 -99.84% No land transfer income occurred in
revenue the Period
6 Non-operation 506,743.91 4,005,874.69 -3,499,130.78 -87.35% Non-operating expenditure deceased
expenditure in the Period
7 Income tax expense 8,991.27 23,911,569.38 -23,902,578.11 -99.96% Taxable income tax in the Period
declined
3. Items of cash flow statement
Seria Changes
Item This Period Last period Reasons
l Amount Ratio
1 Net cash flow 80,749,416.66 16,481,722.11 64,267,694.55 389.93% The house-selling money increased
arising from in the Period
operating activities
2 Net cash flow -27,837,746.95 26,486,122.87 -54,323,869.82 -205.10% Investment expenses increased in the
arising from Period, the money received from
investment activities land declined
3 Net cash flow -6,672,835.54 -1,894,100.00 -4,778,735.54 -252.30% Pledged deposits paid int eh Period
arising from and purchasing minority’s interests.
financing activities
II. Progress and influence of the main events as well as solution analysis specification
√Applicable □Not applicable
In reporting period, the Company planning to solve the problem left over by history, and stock of the Company were suspended since
open the market dated 23 January 2015. The above mentioned event still in promotion, and released a Progress of the Suspended for
Significant Matters every five trading days.
Information index for temporary report
Overview Date for disclosure
disclosure
III. Commitments that the company, shareholders, actual controller, offeror, directors, supervisors, senior
management or other related parties have fulfilled during the reporting period and have not yet fulfilled by
the end of reporting period
√Applicable □Not applicable
Commitmen Type of Commitm Commitmen Implementa
Promise Content of commitments
ts commitments ent date t term tion
Commitmen
ts for Share
Merger
Reform
1. Commitments in aspect of independency of listed
company:
Commitments For the equity changes, that is 208,324,800 shares
Commitmen
in horizontal of Chengde Dalu Co., Ltd held by Chen Rong was
ts in report Controllin
competition, transfer, Wang Dong guarantee there are no Duration of
of g 2012-04-2 Implementi
related influence on the independent of employee, the
acquisition shareholde 4 ng
transactions, financial, institution, business and integrity of assets Company
or equity r
and capital of Chengde Dalu Co., Ltd. After transaction,
change
occupying Chengde Dalu Co., Ltd still has the ability of
independent operation and owes independent legal
person, and continues to owes the independency of
institution, assts, employees, production and
financial. 2. Commitments for horizontal
competition: after 208,324,800 shares of Chengde
Dalu Co., Ltd held by Chen Rong was transfer,
Wang Dong guarantee there are no or potential
horizontal competition between the Chengde Dalu
Co., Ltd and Wang Dong and related parties of
Wang Dong
The performance compensation commitment: net
profit (deducting non-recurring gains and losses) for
Performance 2012, 2013, 2014 and 2015 for Runhua RW
Commitmen Controllin
commitment (Tianjin) International Trade Co., Ltd. Respectively
ts in assets g 2013-04-1
and can’t be less than 306,300 Yuan, 904,000 Yuan, 2012-2015 Completed
reorganizati shareholde 0
compensation 1,500,000 Yuan and 3,400,000 yean. If the actual
on r
arrangements net profit is less than the promised, the controlling
shareholders shall perform the obligations of profit
compensation accordingly.
Commitmen
ts in initial
public
offering or
re-financing
Commitmen
ts in stock
option
incentive
plan
Other
commitment
s for
medium and
small
shareholders
Perform the
commitment
Yes
promptly or
not
If the
commitment
s is not N/A
fulfilled on
time, shall
explain the
specify
reason and
the next
work plan
IV. Estimation of operation performance for year of 2016
Estimation of accumulative net profit from the beginning of the year to the end of next report period to be loss probably or the
warning of its material change compared with the corresponding period of the last year and explanation of reason
□Applicable √Not applicable
V. Particular about security investment
□ Applicable √ Not applicable
The Company had no security investment in Period.
VI. Particulars about derivatives investment
□ Applicable √ Not applicable
The Company had no derivatives investment in Period.
VII. Registration form of receiving research, communication and interview in the report
period
√ Applicable □Not applicable
Time Way Type Basic situation index of investigation
Suspension condition of the Company,
2016-07-14 Telephone Personal
no material required
Suspension condition of the Company,
2016-08-10 Telephone Personal
no material required
Operation of the Company, no materials
2016-09-13 Telephone Personal
required
VIII. Guarantee outside against the regulation
□Applicable √Not applicable
The Company had no guarantee outside against the regulation in the reporting period.
IX. Non-operational fund occupation from controlling shareholders and its related party
□ Applicable √ Not applicable
The Company had no non-operational fund occupation form controlling shareholders and its related party in the period.
Section IV. Financial Statement
I. Financial statement
1. Consolidated Balance Sheet
Prepared by Chengde Nanjiang Co., Ltd.
2016-09-30
In RMB
Items Balance at period-end Balance at period-begin
Current assets:
Monetary funds 79,966,390.15 36,998,545.17
Settlement provisions
Capital lent
Financial liability measured by fair
value and with variation reckoned into
current gains/losses
Derivative financial liability
Notes receivable
Accounts receivable 3,731,171.15 2,722,676.66
Accounts paid in advance 22,136,445.52 7,780,145.39
Insurance receivable
Reinsurance receivables
Contract reserve of reinsurance
receivable
Interest receivable
Dividend receivable
Other receivables 89,395,601.44 11,008,292.44
Purchase restituted finance asset
Inventories 376,471,664.72 515,713,286.09
Divided into assets held for sale
Non-current asset due within one
year
Other current assets 7,496,677.69 24,131,851.80
Total current assets 579,197,950.67 598,354,797.55
Non-current assets:
Loans and payments on behalf
Finance asset available for sales
Held-to-maturity investment
Long-term account receivable
Long-term equity investment 6,960,162.95 6,684,960.46
Investment property
Fixed assets 10,432,800.50 10,294,681.90
Construction in progress
Engineering material
Disposal of fixed asset
Productive biological asset 6,971.15 640,727.71
Oil and gas asset
Intangible assets 5,461,790.60 11,902,512.97
Expense on Research and
Development
Goodwill
Long-term expenses to be
6,841,167.73 8,588,027.16
apportioned
Deferred income tax asset 834,223.19 834,223.19
Other non-current asset 5,201,365.53 5,201,365.53
Total non-current asset 35,738,481.65 44,146,498.92
Total assets 614,936,432.32 642,501,296.47
Current liabilities:
Short-term loans
Loan from central bank
Absorbing deposit and interbank
deposit
Capital borrowed
Financial liability measured by fair
value and with variation reckoned into
current gains/losses
Derivative financial liability
Notes payable
Accounts payable 21,665,650.35 10,425,920.41
Accounts received in advance 95,689,012.56 290,954,152.81
Selling financial asset of
repurchase
Commission charge and
commission payable
Wage payable 6,120,756.72 6,233,580.16
Taxes payable 11,406,907.15 10,023,172.67
Interest payable
Dividend payable
Other accounts payable 46,586,448.33 14,624,828.17
Reinsurance payables
Insurance contract reserve
Security trading of agency
Security sales of agency
Divided into liability held for sale
Non-current liabilities due within 1
year
Other current liabilities
Total current liabilities 181,468,775.11 332,261,654.22
Non-current liabilities:
Long-term loans
Bonds payable
Including: preferred stock
Perpetual capital securities
Long-term account payable
Long-term wages payable
Special accounts payable
Projected liabilities
Deferred income
Deferred income tax liabilities
Other non-current liabilities
Total non-current liabilities
Total liabilities 181,468,775.11 332,261,654.22
Owner’s equity:
Share capital 706,320,000.00 706,320,000.00
Other equity instrument
Including: preferred stock
Perpetual capital securities
Capital public reserve 459,871,788.64 456,470,388.64
Less: Inventory shares
Other comprehensive income
Reasonable reserve
Surplus public reserve 76,791,550.17 76,791,550.17
Provision of general risk
Retained profit -827,711,361.80 -949,599,922.37
Total owner’s equity attributable to
415,271,977.01 289,982,016.44
parent company
Minority interests 18,195,680.20 20,257,625.81
Total owner’s equity 433,467,657.21 310,239,642.25
Total liabilities and owner’s equity 614,936,432.32 642,501,296.47
Legal representative: Zhao Yongsheng
Person in charge of accounting works: Zhao Yongsheng
Person in charge of accounting institution: Liu Fengguo
2. Balance Sheet of parent company
In RMB
Item Closing balance Opening balance
Current assets:
Monetary funds 38,822,582.51 25,647,536.08
Financial liability measured by fair
value and with variation reckoned into
current gains/losses
Derivative financial liability
Notes receivable
Accounts receivable 1,165,975.30
Account paid in advance 336,646.64 10,000.00
Interest receivable
Dividends receivable
Other receivables 22,406,031.73 13,893,565.73
Inventories 380,722,229.00 599,128,751.32
Divided into assets held for sale
Non-current assets maturing within
one year
Other current assets 21,004,201.49 32,139,201.03
Total current assets 464,457,666.67 670,819,054.16
Non-current assets:
Available-for-sale financial assets 25,000,000.00
Held-to-maturity investments
Long-term receivables
Long-term equity investments 197,699,651.37 202,284,836.37
Investment property
Fixed assets 2,159,190.21 1,906,708.89
Construction in progress
Project materials
Disposal of fixed assets
Productive biological assets
Oil and natural gas assets
Intangible assets
Research and development costs
Goodwill
Long-term deferred expenses 155,282.36 130,322.92
Deferred income tax assets 750.00 750.00
Other non-current assets
Total non-current assets 225,014,873.94 204,322,618.18
Total assets 689,472,540.61 875,141,672.34
Current liabilities:
Short-term borrowings
Financial liability measured by fair
value and with variation reckoned into
current gains/losses
Derivative financial liability
Notes payable
Accounts payable 11,508,164.54 25,479,538.71
Accounts received in advance 289,197,188.05 430,730,271.19
Wage payable 398.22 628.22
Taxes payable 325,176.41 2,174.06
Interest payable
Dividend payable
Other accounts payable 203,956,946.31 246,243,610.32
Divided into liability held for sale
Non-current liabilities due within 1
year
Other current liabilities
Total current liabilities 504,987,873.53 702,456,222.50
Non-current liabilities:
Long-term loans
Bonds payable
Including: preferred stock
Perpetual capital securities
Long-term account payable
Long-term wages payable
Special accounts payable
Projected liabilities
Deferred income
Deferred income tax liabilities
Other non-current liabilities
Total non-current liabilities
Total liabilities 504,987,873.53 702,456,222.50
Owners’ equity:
Share capita 706,320,000.00 706,320,000.00
Other equity instrument
Including: preferred stock
Perpetual capital securities
Capital public reserve 456,569,124.55 452,767,424.55
Less: Inventory shares
Other comprehensive income
Reasonable reserve
Surplus reserve 76,791,550.17 76,791,550.17
Retained profit -1,055,196,007.64 -1,063,193,524.88
Total owner’s equity 184,484,667.08 172,685,449.84
Total liabilities and owner’s equity 689,472,540.61 875,141,672.34
3. Consolidated Profit Statement (this report period)
In RMB
Item Current Period Last Period
I. Total operating income 103,804,200.47 51,910,279.59
Including: Operating income 103,804,200.47 51,910,279.59
Interest income
Insurance gained
Commission charge and commission
income
II. Total operating cost 101,333,794.88 54,600,729.77
Including: Operating cost 88,576,621.62 46,936,140.32
Interest expense
Commission charge and commission
expense
Cash surrender value
Net amount of expense of
compensation
Net amount of withdrawal of
insurance contract reserve
Bonus expense of guarantee slip
Reinsurance expense
Operating tax and extras 6,953,552.55 2,056,851.82
Sales expenses 33,528.00 516,169.32
Administration expenses 5,939,366.12 5,064,969.99
Financial expenses -169,273.41 26,598.32
Losses of devaluation of asset
Add: Changing income of fair
value(Loss is listed with “-”)
Investment income (Loss is listed
237,643.40
with “-”)
Including: Investment income on
affiliated company and joint venture
Exchange income (Loss is listed
with “-”)
III. Operating profit (Loss is listed with
2,470,405.59 -2,452,806.78
“-”)
Add: Non-operating income 101,147.81 19,346.03
Including: Disposal gains of
non-current asset
Less: Non-operating expense 166,794.97 788,481.12
Including: Disposal loss of
non-current asset
IV. Total Profit (Loss is listed with “-”) 2,404,758.43 -3,221,941.87
Less: Income tax expense 10,982,085.40
V. Net profit (Net loss is listed with “-”) 2,404,758.43 -14,204,027.27
Net profit attributable to owner’s of
2,454,508.79 -13,616,154.87
parent company
Minority shareholders’ gains and
-49,750.36 -587,872.40
losses
VI. Net after-tax of other comprehensive
income
Net after-tax of other comprehensive
income attributable to owners of parent
company
(I) Other comprehensive income
items which will not be reclassified
subsequently to profit of loss
1. Changes as a result of
re-measurement of net defined benefit
plan liability or asset
2. Share of the other
comprehensive income of the investee
accounted for using equity method which
will not be reclassified subsequently to
profit and loss
(II) Other comprehensive income items
which will be reclassified subsequently to
profit or loss
1. Share of the other
comprehensive income of the investee
accounted for using equity method which
will be reclassified subsequently to profit
or loss
2. Gains or losses arising from
changes in fair value of available-for-sale
financial assets
3. Gains or losses arising from
reclassification of held-to-maturity
investment as available-for-sale financial
assets
4. The effect hedging portion of
gains or losses arising from cash flow
hedging instruments
5. Translation differences arising
on translation of foreign currency
financial statements
6. Other
Net after-tax of other comprehensive
income attributable to minority
shareholders
VII. Total comprehensive income 2,404,758.43 -14,204,027.27
Total comprehensive income
2,454,508.79 -13,616,154.87
attributable to owners of parent Company
Total comprehensive income
-49,750.36 -587,872.40
attributable to minority shareholders
VIII. Earnings per share:
(i) Basic earnings per share 0.003 -0.019
(ii) Diluted earnings per share 0.003 -0.019
Enterprise combine under the same control in the Period, the combined party realized net profit of 0 Yuan before
combination, and realized 0 Yuan at last period for combined party
Legal representative: Zhao Yongsheng
Person in charge of accounting works: Zhao Yongsheng
Person in charge of accounting institution: Liu Fengguo
4. Profit Statement of parent company (this report period)
In RMB
Item Current Period Last Period
I. Operating income 103,228,894.01 26,751,437.35
Less: Operating cost 87,882,826.83 21,290,476.91
Operating tax and extras 6,870,019.12 1,994,671.99
Sales expenses 12,000.00 20,290.00
Administration expenses 3,460,313.23 2,633,347.65
Financial expenses -131,709.26 -46,403.75
Losses of devaluation of asset
Add: Changing income of fair
value(Loss is listed with “-”)
Investment income (Loss is
listed with “-”)
Including: Investment income
on affiliated company and joint venture
II. Operating profit (Loss is listed
5,135,444.09 859,054.55
with “-”)
Add: Non-operating income 89,432.78
Including: Disposal gains of
non-current asset
Less: Non-operating expense 66,391.00 1,178,407.00
Including: Disposal loss of
non-current asset
III. Total Profit (Loss is listed with
5,158,485.87 -319,352.45
“-”)
Less: Income tax expense 1,616,711.09
IV. Net profit (Net loss is listed with
5,158,485.87 -1,936,063.54
“-”)
V. Net after-tax of other comprehensive
income
(I) Other comprehensive income
items which will not be reclassified
subsequently to profit of loss
1. Changes as a result of
re-measurement of net defined benefit
plan liability or asset
2. Share of the other
comprehensive income of the investee
accounted for using equity method
which will not be reclassified
subsequently to profit and loss
(II) Other comprehensive income
items which will be reclassified
subsequently to profit or loss
1. Share of the other
comprehensive income of the investee
accounted for using equity method
which will be reclassified subsequently
to profit or loss
2. Gains or losses arising from
changes in fair value of
available-for-sale financial assets
3. Gains or losses arising from
reclassification of held-to-maturity
investment as available-for-sale
financial assets
4. The effect hedging portion of
gains or losses arising from cash flow
hedging instruments
5. Translation differences arising
on translation of foreign currency
financial statements
6. Other
VI. Total comprehensive income 5,158,485.87 -1,936,063.54
VII. Earnings per share:
(i) Basic earnings per share
(ii) Diluted earnings per share
5. Consolidated profit statement (from year-begin to end of this period)
In RMB
Item Current Period Last Period
I. Total operating income 295,218,682.21 104,286,951.75
Including: Operating income 295,218,682.21 104,286,951.75
Interest income
Insurance gained
Commission charge and commission
income
II. Total operating cost 291,514,164.58 121,122,528.55
Including: Operating cost 251,759,308.25 100,192,632.70
Interest expense
Commission charge and commission
expense
Cash surrender value
Net amount of expense of
compensation
Net amount of withdrawal of
insurance contract reserve
Bonus expense of guarantee slip
Reinsurance expense
Operating tax and extras 19,908,763.10 2,110,940.76
Sales expenses 348,246.06 1,834,389.20
Administration expenses 19,768,907.42 16,745,696.81
Financial expenses -271,060.25 239,269.08
Losses of devaluation of asset -400.00
Add: Changing income of fair
value(Loss is listed with “-”)
Investment income (Loss is listed
-12,933.77 275,202.49
with “-”)
Including: Investment income on
affiliated company and joint venture
Exchange income (Loss is listed
with “-”)
III. Operating profit (Loss is listed with
3,691,583.86 -16,560,374.31
“-”)
Add: Non-operating income 170,218.40 104,095,677.29
Including: Disposal gains of
non-current asset
Less: Non-operating expense 506,743.91 4,005,874.69
Including: Disposal loss of
non-current asset
IV. Total Profit (Loss is listed with “-”) 3,355,058.35 83,529,428.29
Less: Income tax expense 8,991.27 23,911,569.38
V. Net profit (Net loss is listed with “-”) 3,346,067.08 59,617,858.91
Net profit attributable to owner’s of
4,256,378.73 61,786,433.51
parent company
Minority shareholders’ gains and
-910,311.65 -2,168,574.60
losses
VI. Net after-tax of other comprehensive
income
Net after-tax of other comprehensive
income attributable to owners of parent
company
(I) Other comprehensive income
items which will not be reclassified
subsequently to profit of loss
1. Changes as a result of
re-measurement of net defined benefit
plan liability or asset
2. Share of the other
comprehensive income of the investee
accounted for using equity method which
will not be reclassified subsequently to
profit and loss
(II) Other comprehensive income items
which will be reclassified subsequently to
profit or loss
1. Share of the other
comprehensive income of the investee
accounted for using equity method which
will be reclassified subsequently to profit
or loss
2. Gains or losses arising from
changes in fair value of available-for-sale
financial assets
3. Gains or losses arising from
reclassification of held-to-maturity
investment as available-for-sale financial
assets
4. The effect hedging portion of
gains or losses arising from cash flow
hedging instruments
5. Translation differences arising
on translation of foreign currency
financial statements
6. Other
Net after-tax of other comprehensive
income attributable to minority
shareholders
VII. Total comprehensive income 3,346,067.08 59,617,858.91
Total comprehensive income
4,256,378.73 61,786,433.51
attributable to owners of parent Company
Total comprehensive income
-910,311.65 -2,168,574.60
attributable to minority shareholders
VIII. Earnings per share:
(i) Basic earnings per share 0.006 0.087
(ii) Diluted earnings per share 0.006 0.087
Enterprise combine under the same control in the Period, the combined party realized net profit of 0 Yuan before
combination, and realized 0 Yuan at last period for combined party
6. Profit Statement of parent company (from year-begin to end of this period)
In RMB
Item Current Period Last Period
I. Operating income 283,370,286.90 27,182,654.77
Less: Operating cost 239,171,152.67 21,721,694.33
Operating tax and extras 19,692,999.06 1,994,671.99
Sales expenses 126,165.00 209,500.76
Administration expenses 11,840,935.08 9,353,453.99
Financial expenses -199,279.38 -105,812.02
Losses of devaluation of asset 4,585,185.00
Add: Changing income of fair
value(Loss is listed with “-”)
Investment income (Loss is
listed with “-”)
Including: Investment income
on affiliated company and joint venture
II. Operating profit (Loss is listed
8,153,129.47 -5,990,854.28
with “-”)
Add: Non-operating income 89,432.78
Including: Disposal gains of
non-current asset
Less: Non-operating expense 245,045.01 4,055,616.13
Including: Disposal loss of
non-current asset
III. Total Profit (Loss is listed with
7,997,517.24 -10,046,470.41
“-”)
Less: Income tax expense 1,616,711.09
IV. Net profit (Net loss is listed with
7,997,517.24 -11,663,181.50
“-”)
V. Net after-tax of other comprehensive
income
(I) Other comprehensive income
items which will not be reclassified
subsequently to profit of loss
1. Changes as a result of
re-measurement of net defined benefit
plan liability or asset
2. Share of the other
comprehensive income of the investee
accounted for using equity method
which will not be reclassified
subsequently to profit and loss
(II) Other comprehensive income
items which will be reclassified
subsequently to profit or loss
1. Share of the other
comprehensive income of the investee
accounted for using equity method
which will be reclassified subsequently
to profit or loss
2. Gains or losses arising from
changes in fair value of
available-for-sale financial assets
3. Gains or losses arising from
reclassification of held-to-maturity
investment as available-for-sale
financial assets
4. The effect hedging portion of
gains or losses arising from cash flow
hedging instruments
5. Translation differences arising
on translation of foreign currency
financial statements
6. Other
VI. Total comprehensive income 7,997,517.24 -11,663,181.50
VII. Earnings per share:
(i) Basic earnings per share
(ii) Diluted earnings per share
7. Consolidated Cash Flow Statement (from year-begin to end of this period)
In RMB
Item Current Period Last Period
I. Cash flows arising from operating
activities:
Cash received from selling
commodities and providing labor 165,736,622.88 290,981,255.51
services
Net increase of customer deposit
and interbank deposit
Net increase of loan from central
bank
Net increase of capital borrowed
from other financial institution
Cash received from original
insurance contract fee
Net cash received from reinsurance
business
Net increase of insured savings and
investment
Net increase of amount from disposal
financial assets that measured by fair
value and with variation reckoned into
current gains/losses
Cash received from interest,
commission charge and commission
Net increase of capital borrowed
Net increase of returned business
capital
Write-back of tax received 36.00
Other cash received concerning
11,361,516.18 72,171,366.82
operating activities
Subtotal of cash inflow arising from
177,098,175.06 363,152,622.33
operating activities
Cash paid for purchasing
commodities and receiving labor 37,781,345.31 223,026,143.92
service
Net increase of customer loans and
advances
Net increase of deposits in central
bank and interbank
Cash paid for original insurance
contract compensation
Cash paid for interest, commission
charge and commission
Cash paid for bonus of guarantee
slip
Cash paid to/for staff and workers 16,324,840.88 7,794,384.63
Taxes paid 13,815,583.37 34,284,472.79
Other cash paid concerning
28,426,988.84 81,565,898.88
operating activities
Subtotal of cash outflow arising from
96,348,758.40 346,670,900.22
operating activities
Net cash flows arising from operating
80,749,416.66 16,481,722.11
activities
II. Cash flows arising from investing
activities:
Cash received from recovering
investment
Cash received from investment
income
Net cash received from disposal of
fixed, intangible and other long-term 27,500,000.00
assets
Net cash received from disposal of
subsidiaries and other units
Other cash received concerning
investing activities
Subtotal of cash inflow from investing
27,500,000.00
activities
Cash paid for purchasing fixed,
2,837,746.95 1,013,877.13
intangible and other long-term assets
Cash paid for investment 25,000,000.00
Net increase of mortgaged loans
Net cash received from subsidiaries
and other units obtained
Other cash paid concerning
investing activities
Subtotal of cash outflow from investing
27,837,746.95 1,013,877.13
activities
Net cash flows arising from investing
-27,837,746.95 26,486,122.87
activities
III. Cash flows arising from financing
activities
Cash received from absorbing
investment
Including: Cash received from
absorbing minority shareholders’
investment by subsidiaries
Cash received from loans
Cash received from issuing bonds
Other cash received concerning
753,264.46
financing activities
Subtotal of cash inflow from financing
753,264.46
activities
Cash paid for settling debts
Cash paid for dividend and profit
distributing or interest paying
Including: Dividend and profit of
minority shareholder paid by
subsidiaries
Other cash paid concerning
7,426,100.00 1,894,100.00
financing activities
Subtotal of cash outflow from financing
7,426,100.00 1,894,100.00
activities
Net cash flows arising from financing
-6,672,835.54 -1,894,100.00
activities
IV. Influence on cash and cash
equivalents due to fluctuation in
exchange rate
V. Net increase of cash and cash
46,238,834.17 41,073,744.98
equivalents
Add: Balance of cash and cash
84,543,677.45 35,582,359.90
equivalents at the period -begin
VI. Balance of cash and cash
130,782,511.62 76,656,104.88
equivalents at the period -end
8. Cash Flow Statement of parent company (from year-begin to end of this
period)
In RMB
Item Current Period Last Period
I. Cash flows arising from operating
activities:
Cash received from selling
commodities and providing labor 151,539,088.03 113,417,193.42
services
Write-back of tax received 36.00
Other cash received concerning
17,417,591.29 50,073,767.65
operating activities
Subtotal of cash inflow arising from
168,956,715.32 163,490,961.07
operating activities
Cash paid for purchasing
commodities and receiving labor 27,631,451.43 48,400,490.93
service
Cash paid to/for staff and workers 7,502,516.49 4,825,500.45
Taxes paid 12,582,863.52 11,092,152.53
Other cash paid concerning
82,947,992.32 54,044,330.75
operating activities
Subtotal of cash outflow arising from
130,664,823.76 118,362,474.66
operating activities
Net cash flows arising from operating
38,291,891.56 45,128,486.41
activities
II. Cash flows arising from investing
activities:
Cash received from recovering
investment
Cash received from investment
income
Net cash received from disposal of
fixed, intangible and other long-term
assets
Net cash received from disposal of
subsidiaries and other units
Other cash received concerning
investing activities
Subtotal of cash inflow from investing
activities
Cash paid for purchasing fixed,
118,866.50 986,877.13
intangible and other long-term assets
Cash paid for investment 25,000,000.00
Net cash received from
subsidiaries and other units
Other cash paid concerning
investing activities
Subtotal of cash outflow from investing
25,118,866.50 986,877.13
activities
Net cash flows arising from investing
-25,118,866.50 -986,877.13
activities
III. Cash flows arising from financing
activities
Cash received from absorbing
investment
Cash received from loans
Cash received from issuing bonds
Other cash received concerning
financing activities
Subtotal of cash inflow from financing
activities
Cash paid for settling debts
Cash paid for dividend and profit
distributing or interest paying
Other cash paid concerning
2,626,100.00 1,894,100.00
financing activities
Subtotal of cash outflow from financing
2,626,100.00 1,894,100.00
activities
Net cash flows arising from financing
-2,626,100.00 -1,894,100.00
activities
IV. Influence on cash and cash
equivalents due to fluctuation in
exchange rate
V. Net increase of cash and cash
10,546,925.06 42,247,509.28
equivalents
Add: Balance of cash and cash
22,671,791.13 17,625,400.53
equivalents at the period -begin
VI. Balance of cash and cash
33,218,716.19 59,872,909.81
equivalents at the period -end
II. Audit Report
Whether the third quarter report was audited or not
□Yes √No
The third quarter report of the Company has not been audited.
