Dongxu Optoelectronic Technology Co., Ltd.The First Quarterly Report 2014
Stock code ：000413,200413 Abbreviation：Dongxu Optoelectronic, Dongxu B Announcement：2014-034
Dongxu Optoelectronic Technology Co., Ltd.
The First Quarterly Report 2014
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Dongxu Optoelectronic Technology Co., Ltd.The First Quarterly Report 2014
I. Important Notes
The Board of Directors ,Supervisory Committee, all directors, supervisors and senior executives of the Company
hereby guarantees that there are no misstatement, misleading representation or important omissions in this
Quarterly report and shall assume joint and several liability for the authenticity, accuracy and completeness of the
contents hereof.
All the directors attended the board meeting for reviewing the Quarterly Report.
Mr.Li Zhaoting, Person in charge of the Company, Mr. Li Quannian, Chief financial officer and the Mr..Li
Zhiyong, the person in charge of the accounting department (the person in charge of the accounting )hereby
confirm the authenticity and completeness of the financial report enclosed in this Quarterly report.
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Dongxu Optoelectronic Technology Co., Ltd.The First Quarterly Report 2014
II.Main financial data and changes of shareholders
I.Main financial data and indices
Whether it has retroactive adjustment or re-statement on previous accounting data for accounting policy changed and accounting
error correction or not.
□ Yes √ No
Changes of this period over
This period Same period of last year same period of last year
（％）
Operating income（RMB） 577,399,306.04 191,297,126.26 201.83%
Net profit attributable to the shareholders
207,652,354.20 61,882,386.28 235.56%
of the listed company（RMB）
Net profit after deducting of non-recurring
gain/loss attributable to the shareholders of 205,657,309.70 48,999,246.25 319.72%
listed company（RMB）
Cash flow generated by business operation,
-698,231,680.50 -168,678,601.14 -313.94%
net（RMB）
Basic earning per share(RMB/Share) 0.23 0.16 43.75%
Diluted gains per
0.23 0.16 43.75%
share(RMB/Share)(RMB/Share)
Weighted average return on equity（%） 3.51% 14.63% -11.12%
Changes of this period-end
End of this period End of last period over same period-end of last
year(%)
Gross assets（RMB） 10,021,779,562.86 9,032,978,401.14 10.95%
Net profit attributable to the shareholders
6,021,326,069.24 5,813,673,715.04 3.57%
of the listed company（RMB）
Items and amount of non-current gains and losses
√ Applicable □ Not applicable
In RMB
Amount (Year-beginning to
Items Notes
the end of the report period.)
Governmental Subsidy accounted as current gain/loss, except for
those subsidies at with amount or quantity fixed by the national
441,300.00
government and closely related to the Company’s business
operation.
Custody fee income when entrusted with operation 1,500,000.00
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Dongxu Optoelectronic Technology Co., Ltd.The First Quarterly Report 2014
Other gain/loss items satisfying the definition of non-recurring
54,630.00
gain/loss account
Less :Influenced amount of income tax 690.00
Influenced amount of minor shareholders’ equity（After tax ） 195.50
Total 1,995,044.50 --
For the Company’s non-recurring gain/loss items as defined in the Explanatory Announcement No.1 on information disclosure for
Companies Offering their Securities to the Public-Non-recurring Gains and Losses and its non-recurring gain/loss items as illustrated
in the Explanatory Announcement No.1 on information Disclosure for Companies offering their securities to the public-non-recurring
Gains and losses which have been defined as recurring gains and losses, it is necessary to explain the reason.
□ Applicable√ Not applicable
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Dongxu Optoelectronic Technology Co., Ltd.The First Quarterly Report 2014
II.Total number of shareholders at the end of report period and Particular about shares held by top ten shareholders
In Shares
Total number of shareholders at the end 17,649（Including 11,255 shareholders holding A shares and 6,394 shareholders holding B
of report period shares）
Particular about shares held by top ten shareholders
Amount of Pledging or freezing
tradable shares
Share
Shareholder name Properties of shareholder Quantity with Status of
proportion % Quantity
Conditional the shares
held
Domestic Non -State-owned
Dongxu Group 14.4% 130,031,000 130,031,000 Pledge 130,031,000
legal person
Huarong Secrities－ICBC
－Huarong Fixed Growth
No. 1 Limited-amount Other 13.71% 123,839,000 123,839,000
Specific Asset
Management Program
Shijiazhuang Baoshi
Domestic Non-State-owned
Electronic Group Co., 12.27% 110,785,500 Pledge 40,000,000
legal person
Ltd.
Yinmin Fund Company－
Minsheng－Yinmin Fund
Other 6.5% 58,700,000 58,700,000
Non-Public Issuing Assets
Management Plan
Minsheng Jiayin Fund
Company－Minsheng－
Pingan Trust－Pingan Other 5.83% 52,634,000 52,634,000
Wealth Huitai No.11
Collective fund trust plan
Huitianfu Fund Company
－Agricultural Bank of
China－SDIC Trust
Other 4.57% 41,279,000 41,279,000
Golden Eagle No.108
Collective Fund trust
plan
Dacheng Fund Company
－Agricultural Bank of
Other 4.57% 41,279,000 41,279,000
China－SDIC Tust
Golden Eagle No.109
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Dongxu Optoelectronic Technology Co., Ltd.The First Quarterly Report 2014
Collective Fund trust plan
Guangfa Fund Company
－Agricultural Bank of
China－SDIC Tust
Other 4.57% 41,279,000 41,279,000
Golden Eagle No.109
Collective Fund trust
plan
International Finance －
ICBC－Zhongjin Increase
Other 3.43% 30,959,000 30,959,000
No.1 Collective Assets
Management plan
National Social Security
Other 0.84% 7,599,619
Fund Portfollio 108
Shareholding of top 10 shareholders of unrestricted shares
Quantity of Share type
unrestricted shares
Name of the shareholder
held at the end of Share type Quantity
the reporting period
Shijiazhuang Baoshi Electronic Group Co., Ltd. 110,785,500 RMB Common shares 110,785,500
National Social Security Fund Portfollio 108 7,599,619 RMB Common shares 7,599,619
The special repurchase account openedat Huaan Securities Co.,
7,400,000 RMB Common shares 7,400,000
Ltd.
Foreign shares placed in
Taifook Securities Company Limited-Account Client 6,620,310 6,620,310
domestic exchange
Foreign shares placed in
China Merchants Securities(HK) Co., Ltd. 5,622,948 5,622,948
domestic exchange
Foreign shares placed in
GUOTAI JUNAN SECURITIES(HONGKONG) LIMITED 5,272,364 5,272,364
domestic exchange
ICBC－CCB Optimization Collocation Mixed Securities
4,258,749 RMB Common shares 4,258,749
Investment Fund
New Times Trust Co., Ltd.－Xiangtai One trust Securities
3,699,452 RMB Common shares 3,699,452
Investment Collective fund plan
Foreign shares placed in
KGI ASIA LIMITED 3,655,545 3,655,545
domestic exchange
Yao Yanbin 3,422,800 MB Common shares 3,422,800
Among the top ten shareholders , Dongxu Group and Baoshi
Group have relationship and constitute persons taking concerted
Notes to the related relationship between the top ten shareholders
action. The company does not know whether there is
or their concerted action
relationship between other 8 shareholders or whether they are
persons taking concerted action defined in Administrative
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Dongxu Optoelectronic Technology Co., Ltd.The First Quarterly Report 2014
Measures Relating to Acquisitions of Listed Companies.
Did any shareholder of the Company carry out an agreed buy-back in the reporting period?
√Yes □ No
In the report period, Yao Yanbin, one of the top 10 shareholders holding unrestricted shares, carried out agreed repurchase
transaction through the special repurchase account opened at Hua'an Securities Co., Ltd. The agreed repurchase transaction involved
7,400,000 shares, which account for 0.82% of the total shares of the Company. As of the end of the report period, Yao Yanbin held
3,422,800 shares, which account for 0.38% of total shares of the Company.
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Dongxu Optoelectronic Technology Co., Ltd.The First Quarterly Report 2014
III Significant Events
I. Particular about large-margin change of main accounting statement item and financial index and its
reason.
Same period of Increased/D
Financial Index This period(RMB) Main reason for change
last year(RMB) ecreased(%)
Consolidated Balance sheet index
Monetary capital 1,779,602,504.61 2,586,660,951.04 -31.20 Mainly due to the increase of daily operations and
capital expenditure in current period
Accounts receivable 1,611,448,868.73 943,285,462.11 70.83 Mainly due to the increase of accounts receivable
from substantial business growth
Short-term loan 340,000,000.00 580,000,000.00 -41.38 Due to loans due to return
Bill payable 882,820,000.00 150,000,000.00 488.55 Due to the increase of purchase expense using the
financing bank acceptances
Account payable 77,593,581.37 134,665,580.06 -42.38 Due to the company paid the due payment
Advance account 1,912,376.49 3,451,630.20 -44.59 Due to the confirmation of the advance income in
current period
Consolidated Profit statement index
Business income 577,399,306.04 191,297,126.26 201.83 Mainly due to the increase of revenue growth of
Wuhu equipment company affiliated Xuxin
Optoelectronic launched a new glass substrate
equipment manufacturing business
Business cost 260,675,002.58 64,628,503.35 303.34 Due to the increase of cost expenditure resulted
from operation revenue growth
Business tax and attach 9,136,064.55 2,075,428.17 340.20 Due to substantial increase of taxes resulted from
substantial growth in operating income
1,647,610.56 1,186,023.55 38.92 Due to the increase of glass substrate sales
Sales expenses
promotion expenditure
32,665,154.25 19,483,842.27 67.65 Due to the significant increase in labor costs, office
Administration expenses expenses and other administrative expenses resulted
from substantial growth in business scale
Financial expenses 22,195,570.09 2,265,777.60 879.60 Mainly due to the increase of interest, discount
interest etc. resulted from the increase of variety of
financing receivables
Consolidated Cash flow statement index
Net Cash flow generated by -698,231,680.50 -168,678,601.14 -313.94 Due to the increased expenditure of stocking for
business operation Wuhu equipment company for the construction of a
glass substrate production line
Net cash flow generated by 13,150,101.15 655,523,944.45 -97.99 Necessary funds for Wuhu optoelectronic glass
financing substrate production line construction was raised in
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Dongxu Optoelectronic Technology Co., Ltd.The First Quarterly Report 2014
the early phase, due to the decrease of raised funds
in current period
II. The commitments of the Company and its shareholders holding over 5% of the Company’s total shares
in the report year of extending to the report year from previous year.
Time of
Period of
Commitment Commitment maker Contents making Fulfillment
commitment
commitment
If plans to sell tradable stocks of
Dongxu Optoelectronic through the
bid trading system of Shenzhen
Stock Exchange and sell greater
than 5% of shares within six months
Shijiazhuang Baoshi after the first sales, will disclose the
Commitment on share Long-term Under
Electronics Group contents specified by the Form July 23, 2009
reform effective Fulfillment
Co., Ltd. Guide to Prompt Announcement of
Removing Restriction on Sales of
Non-tradable Stocks of Listed
Companies through the prompt
announcement of disclosing sales of
listed companies.
Commitment in the
acquisition report or the
report on equity changes
Commitment made
upon the assets
replacement
1.From the date of commitment
letter issued, except the managed
hosting company for Dongxu
Optoelectronic ， this company and
majority-owned subsidiaries do not
Dongxu Group, in any way, directly or indirectly
Commitments made Shijiazhuang engaged in business and Dongxu Long-term Under
April 1, 2012
upon issuance Baoshi Electronics Optoelectronic shares and its effective Fulfillment
Group Co., Ltd. subsidiaries are the same, or similar,
future Dongxu Optoelectronic
shares and its subsidiaries are not
engaged in the same or similar
businesses.
2.The company assurances against
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Dongxu Optoelectronic Technology Co., Ltd.The First Quarterly Report 2014
the use of precious stones share any
act prejudicial to the control
relationship of stones share interests
and its wholly-owned subsidiaries,
holding, or causing Dongxu
Optoelectronic shares and its
wholly-owned subsidiaries, holding
form business competition
decisions.
3. The company will not directly
invest, purchase and Dongxu
Optoelectronic identical or similar
business enterprises and projects.
4.If the assets owned by the
company compete with Dongxu
Optoelectronic, the company will
adopt effective measures and give
up the same business.
5. If the company has horizontal
competition with Dongxu
Optoelectronic and lead to lose to it,
the company will bear all the
responsibilities.
6.According to relevant conditions
of the securities regulators, the
company promised to put all the
shares managed by Dongxu
Optoelectronic into Dongxu
Optoelectronic. In the period of the
company acts as the holding
company, the promise is valid.
Dongxu Group Co., Ltd. subscribed
for 25.01% of the shares privately
From April 18,
Dongxu Group Co., issued by the Company and Under
April 17, 2013 2013 to April
Ltd. promised that the period of sale Fulfillment
17, 2016.
restriction of such shares was 36
months from the first day of listing.
Huarong Secruities
Promised that the period of sale
Co., Ltd., Yimin
restriction of such non-public From April 18,
Fund Management Under
offering of stock of Baoshi group April 17, 2013 2013 to April
Co., Ltd., Minsheng Fulfillment
was 12 months from the first day of 17, 2014.
Jiayin Fund
listing.
Management , Co.,
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Dongxu Optoelectronic Technology Co., Ltd.The First Quarterly Report 2014
Ltd.
On September 18, 2006, the
Company provided guarantee,
together with Baoshi Group Co.,
Ltd., for the application of
Shijiazhuang Construction
Investment Co., Ltd. for loan of
RMB 70 million) with some land
and houses (with appraised value of
RMB 30.3018 million) (The valid
guarantee value for the Company is
RMB 18.80 million). The guarantee
Has signed
period is one year. The type of
an agreement
guarantee is mortgage guarantee. At
with
Other commitments Shijiazhuang Baoshi present, the valid term of this
March 28, Long-term creditors,
made to minority Electronics Group guarantee has expired. The
2009 effective agreed to lift
shareholders Co., Ltd. controlling shareholder has made
the obligation
corresponding commitment in
secured of
respect of the loss that may be
the company.
incurred by this guarantee. On
October 15, 2012, Shijiazhuang
Baoshi Electronics Group Co., Ltd.
made the following notes to this
commitment: "The mode of
commitment fulfillment by Baoshi
Group: Where the Dongxu
Optoelectronic is liable to make
compensation for this guarantee,
Baoshi Group shall be liable for
direct compensation in full amount."
Executed timely or not? Yes
III．Prediction of Business performance for January- June 2014
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
IV. The registration form of acceptance of investigation, communication and interview in the report period
Content of discussion and
Date Place Mode Type Visitor
materials provided
January 6, The Company Onsite investigation Organization Fortune SG Fund Management Visit the company ‘s
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Dongxu Optoelectronic Technology Co., Ltd.The First Quarterly Report 2014
2014 Co., Ltd., Boshi Fund showroom, understand the
Management Co., Ltd. progress of the equity
investment project and
business scope and R& D
in 2014.
Guangfa Securities,Xinhua
Assets, CCB Fund ,
Haifutong Fund, Huaxia
Understand the progress
Fund, ICBC Credit Suisse
ofthe equity investment
January 17, Asset Management Co., Ltd.,
The Company Onsite investigation Organization project of the company
2014 Manulife Teda Fund
and main business cases in
Management Co., Ltd.,
2014.
Huashang Fund, Invesco
Great Wall and Dacheng
Fund .
Dongxu Optoelectronic Technology Co., Ltd.
Chairman of the Board：Li Zhaoting
Issue day approved by the Board of Directors: April 27,2014.
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