Dongxu Optoelectronic Technology Co., Ltd The First Quarterly Report 2014
Dongxu Optoelectronic Technology Co., Ltd.
The First Quarterly Report 2014
April 2014
1
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
This period Same period of last year over same period of
last year（％）
Operating income（RMB） 577,399,306.04 191,297,126.26 201.83%
Net profit attributable to the shareholders of the
207,652,354.20 61,882,386.28 235.56%
listed company（RMB）
Net profit after deducting of non-recurring gain/loss
attributable to the shareholders of listed company 205,657,309.70 48,999,246.25 319.72%
（RMB）
Cash flow generated by business operation, net
-698,231,680.50 -168,678,601.14 -313.94%
（RMB）
Basic earning per share(RMB/Share) 0.23 0.16 43.75%
Diluted gains per share(RMB/Share)(RMB/Share) 0.23 0.16 43.75%
Weighted average return on equity（%） 3.51% 14.63% -11.12%
Changes of this
period-end over same
End of this period End of last period
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 of the
6,021,326,069.24 5,813,673,715.04 3.57%
listed company（RMB）
Items and amount of non-current gains and losses
√ Applicable □ Not applicable
In RMB
Amount (Year-beginning
Items to the end of the report Notes
period.)
Governmental Subsidy accounted as current gain/loss, except for those subsidies at
with amount or quantity fixed by the national government and closely related to the 441,300.00
Companys 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 gain/loss account 54,630.00
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 Companys 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 applicabl
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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
Share tradable shares
Properties of
Shareholder name proportion Quantity with Status of the
shareholder Quantity
% Conditional shares
held
Domestic Non
130,031,00
Dongxu Group -State-owned 14.4% 130,031,000 130,031,000 Pledge
0
legal person
Huarong Secrities－ICBC－Huarong Fixed
Growth No. 1 Limited-amount Specific Other 13.71% 123,839,000 123,839,000
Asset Management Program
Domestic
Shijiazhuang Baoshi Electronic Group Co.,
Non-State-owne 12.27% 110,785,500 Pledge 40,000,000
Ltd.
d legal person
Yinmin Fund Company－Minsheng－
Yinmin Fund Non-Public Issuing Assets Other 6.5% 58,700,000 58,700,000
Management Plan
Minsheng Jiayin Fund Company－
Minsheng－Pingan Trust－Pingan Wealth Other 5.83% 52,634,000 52,634,000
Huitai No.11 Collective fund trust plan
Huitianfu Fund Company－Agricultural
Bank of China－SDIC Trust Golden Eagle Other 4.57% 41,279,000 41,279,000
No.108 Collective Fund trust plan
Dacheng Fund Company－Agricultural
Bank of China－SDIC Tust Golden Eagle Other 4.57% 41,279,000 41,279,000
No.109 Collective Fund trust plan
Guangfa Fund Company－Agricultural
Bank of China－SDIC Tust Golden Eagle Other 4.57% 41,279,000 41,279,000
No.109 Collective Fund trust plan
International Finance －ICBC－Zhongjin
Increase No.1 Collective Assets Other 3.43% 30,959,000 30,959,000
Management plan
National Social Security Fund Portfollio Other 0.84% 7,599,619
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Dongxu Optoelectronic Technology Co., Ltd The First Quarterly Report 2014
108
Shareholding of top 10 shareholders of unrestricted shares
Quantity of Share type
unrestricted shares
Name of the shareholder
held at the end of the Share type Quantity
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 action. The company does not know whether there is relationship
shareholders or their concerted action between other 8 shareholders or whether they are persons taking
concerted action defined in Administrative 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 Visit the company s
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Dongxu Optoelectronic Technology Co., Ltd The First Quarterly Report 2014
2014 Management Co., Ltd., showroom, understand the
Boshi Fund Management progress of the equity
Co., Ltd. investment project and
business scope and R& D
in 2014.
Guangfa Securities,Xinhua
Assets, CCB Fund ,
Haifutong Fund, Huaxia
Fund, ICBC Credit Understand the progress
Suisse Asset ofthe equity investment
January 17,
The Company Onsite investigation Organization Management Co., Ltd., 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 .
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Dongxu Optoelectronic Technology Co., Ltd The First Quarterly Report 2014
IV. Financial Statements
I.Financial Statements
1.Consolidated Balance sheet
Prepared by: Dongxu Optoelectronic Technology Co., Ltd.
In RMB
Items Year-end balance Year-beginning balance
Current asset：
Monetary fund 1,779,602,504.61 2,586,660,951.04
Settlement provision
Outgoing call loan
Trading financial assets
Bill receivable 12,000,000.00
Account receivable 1,611,448,868.73 943,285,462.11
Prepayments 3,588,469,225.87 2,788,962,137.94
Insurance receivable
Reinsurance receivable
Provisions of Reinsurance contracts
receivable
Interest receivable
Dividend receivable
Other account receivable 34,699,507.02 29,300,640.49
Repurchasing of financial assets
Inventories 258,244,539.36 298,619,165.08
Non-current asset due in 1 year
Other current asset 58,019,211.84 75,632,804.57
Total of current assets 7,342,483,857.43 6,722,461,161.23
Non-current assets：
Loans and payment on others behalf
disbursed
Disposable financial asset
Expired investment in possess
Long-term receivable
Long term share equity investment
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Dongxu Optoelectronic Technology Co., Ltd The First Quarterly Report 2014
Property investment 12,088,008.82 12,216,614.26
Fixed assets 170,089,135.64 141,108,554.36
Construction in progress 2,221,546,729.28 1,914,118,112.98
Engineering material 140,143,160.11 112,687,660.04
Fixed asset disposal
Production physical assets
Gas & petrol
Intangible assets 112,191,282.16 112,787,665.77
R & D petrol 512,483.84
Goodwill
Long-germ expenses to be amortized
Differed income tax asset 22,724,905.58 17,598,632.50
Other non-current asset
Total of non-current assets 2,679,295,705.43 2,310,517,239.91
Total of assets 10,021,779,562.86 9,032,978,401.14
Current liabilities
Short-term loans 340,000,000.00 580,000,000.00
Loan from Central Bank
Deposit received and hold for others
Call loan received
Trade off financial liabilities
Bill payable 882,820,000.00 150,000,000.00
Account payable 77,593,581.37 134,665,580.06
Advance payment 1,912,376.49 3,451,630.20
Selling of repurchased financial
assets
Fees and commissions receivable
Employees wage payable 19,033,938.00 17,885,009.53
Tax payable -158,495,588.04 -168,850,322.26
Interest payable 5,605,015.09
Dividend payable
Other account payable 60,352,322.66 46,922,065.04
Reinsurance fee payable
Insurance contract provision
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Dongxu Optoelectronic Technology Co., Ltd The First Quarterly Report 2014
Entrusted trading of securities
Entrusted selling of securities
Non-current liability due in 1 year
Other current liability 60,989,000.00 60,989,000.00
Total of current liability 1,289,810,645.57 825,062,962.57
Non-current liabilities：
Long-term loan 2,600,000,000.00 2,300,000,000.00
Bond payable
Long-term payable
Special payable
Expected liabilities
Differed income tax liability
Other non-current liabilities 37,214,000.00 33,714,000.00
Total of non-current liabilities 2,637,214,000.00 2,333,714,000.00
Total of liability 3,927,024,645.57 3,158,776,962.57
Owners equity
Share capital 903,000,000.00 903,000,000.00
Capital reserves 4,936,613,311.80 4,936,613,311.80
Less：Shares in stock
Special reserves
Surplus reserves 27,454,788.05 27,454,788.05
Common risk provision
Undistributed profit 154,257,969.39 -53,394,384.81
Different of foreign currency translation
Total of owners equity belong to the
6,021,326,069.24 5,813,673,715.04
parent company
Minority shareholders equity 73,428,848.05 60,527,723.53
Total of owners equity 6,094,754,917.29 5,874,201,438.57
Total of liabilities and owners equity 10,021,779,562.86 9,032,978,401.14
2. Balance sheet of the Parent Company
Prepared by: Dongxu Optoelectronic Technology Co., Ltd.
In RMB
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Dongxu Optoelectronic Technology Co., Ltd The First Quarterly Report 2014
Items Year-end balance Year-beginning balance
Current asset：
Monetary fund 19,601,253.49 29,805,307.79
Trading financial assets
Bill receivable 1,000,000.00
Account receivable 18,866,016.32 16,547,491.42
Prepayments 23,420,029.47 25,310,796.89
Interest receivable
Dividend receivable
Other account receivable 433,035,187.30 432,062,236.88
Inventories 18,340,943.99 19,766,175.81
Non-current asset due in 1 year
Other current asset 19,211.84 19,211.84
Total of current assets 514,282,642.41 523,511,220.63
Non-current assets：
Disposable financial asset
Expired investment in possess
Long-term receivable
Long term share equity investment 4,728,458,306.96 4,728,458,306.96
Property investment 4,148,927.22 4,203,586.44
Fixed assets 30,987,775.19 31,342,639.14
Construction in progress 23,712,084.39 23,712,084.39
Engineering material
Fixed asset disposal
Production physical assets
Gas & petrol
Intangible assets 10,765,787.59 10,847,178.52
R & D petrol
Goodwill
Long-germ expenses to be amortized
Differed income tax asset 8,034,510.33 8,034,510.33
Other non-current asset
Total of non-current assets 4,806,107,391.68 4,806,598,305.78
Total of assets 5,320,390,034.09 5,330,109,526.41
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Dongxu Optoelectronic Technology Co., Ltd The First Quarterly Report 2014
Current liabilities
Short-term loans
Trade off financial liabilities
Bill payable
Account payable 14,154,527.38 16,158,244.45
Advance payment 1,501,741.79 6,702,336.70
Employees wage payable 3,791,716.72 3,964,746.75
Tax payable 450,962.02 1,676,183.24
Interest payable
Dividend payable
Other account payable 105,798,362.69 105,904,670.83
Non-current liability due in 1 year
Other current liability 20,000.00 20,000.00
Total of current liability 125,717,310.60 134,426,181.97
Non-current liabilities：
Long-term loan
Bond payable
Long-term payable
Special payable
Expected liabilities
Differed income tax liability
Other non-current liabilities 45,000.00 45,000.00
Total of Non-current liabilities 45,000.00 45,000.00
Total of liability 125,762,310.60 134,471,181.97
Owners equity
Share capital 903,000,000.00 903,000,000.00
Capital reserves 4,799,360,997.35 4,799,360,997.35
Less：Shares in stock
Special reserves
Surplus reserves 32,204,150.60 32,204,150.60
Commonly risk Reserves
Undistributed profit -539,937,424.46 -538,926,803.51
Different of foreign currency
translation
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Dongxu Optoelectronic Technology Co., Ltd The First Quarterly Report 2014
Total of owners equity 5,194,627,723.49 5,195,638,344.44
Total of liabilities and owners equity 5,320,390,034.09 5,330,109,526.41
3. Consolidated Profit statement
Prepared by: Dongxu Optoelectronic Technology Co., Ltd.
In RMB
Item Report period Same period of the previous year
I. Income from the key business 577,399,306.04 191,297,126.26
Incl：Business income 577,399,306.04 191,297,126.26
Interest income
Insurance fee earned
Fee and commission received
II. Total business cost 326,321,239.23 89,636,724.94
Incl：Business cost 260,675,002.58 64,628,503.35
Interest expense
Fee and commission paid
Insurance discharge payment
Net claim amount paid
Insurance policy dividend paid
Insurance policy dividend paid
Reinsurance expenses
Business tax and surcharge 9,136,064.55 2,075,428.17
Sales expense 1,647,610.56 1,186,023.55
Administrative expense 32,665,154.25 19,483,842.27
Financial expenses 22,195,570.09 2,265,777.60
Asset impairment loss 1,837.20 -2,850.00
Add：Gains from change of fir value
（“-”for loss）
Investment gain（“-”for loss）
Incl: investment gains from affiliates
Gains from currency exchange
（“-”for loss）
III. Operational profit（“-”for loss 251,078,066.81 101,660,401.32
Add：Non-business income 2,003,010.00 24,084,798.44
Less：Non business expenses 7,080.00 507,958.00
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Dongxu Optoelectronic Technology Co., Ltd The First Quarterly Report 2014
Incl：Loss from disposal of non-current
assets
IV.Total profit(“-”for loss) 253,073,996.81 125,237,241.76
Less：Income tax expenses 32,520,518.09 35,147,665.00
V. Net profit（“-”for net loss 220,553,478.72 90,089,576.76
Including: Net profit realized by the
entity taken over before the takeover
Net profit attributable to the owners
207,652,354.20 61,882,386.28
of parent company
Minority shareholders equity 12,901,124.52 28,207,190.48
VI. Earnings per share： -- --
（I）Basic earnings per share 0.23 0.16
(II)Diluted earnings per share 0.23 0.16
VII. Other comprehensive income
VIII. Total comprehensive income 220,553,478.72 90,089,576.76
Total comprehensive income
attributable to the owner of the parent 207,652,354.20 61,882,386.28
company
Total comprehensive income
12,901,124.52 28,207,190.48
attributable minority shareholders
4. Profit statement of the Parent Company
Prepared by: Dongxu Optoelectronic Technology Co., Ltd.
In RMB
Items Report period Same period of the previous year
I. Income from the key business 10,407,766.52 2,932,757.24
Incl：Business cost 9,025,195.82 3,041,605.70
Business tax and surcharge -44,952.08 38,573.94
Sales expense 59,139.64 80,259.26
Administrative expense 3,897,891.28 6,129,942.57
Financial expenses -19,879.39 -649.43
Asset impairment loss 1,837.20 -2,850.00
Add：Gains from change of fir value
（“-”for loss）
Investment gain（“-”for loss）
Incl: investment gains from affiliates
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Dongxu Optoelectronic Technology Co., Ltd The First Quarterly Report 2014
II. Operational profit（“-”for loss -2,511,465.95 -6,354,124.80
Add：Non-business income 1,500,845.00 1,500,400.00
Less：Non business expenses
Incl：Loss from disposal of
non-current assets
III.Total profit(“-”for loss) -1,010,620.95 -4,853,724.80
Less：Income tax expenses
IV. Net profit（“-”for net loss） -1,010,620.95 -4,853,724.80
V. Earnings per share： -- --
（I）Basic earnings per share
(II)Diluted earnings per share
VI. Other comprehensive income
VII. Total comprehensive income -1,010,620.95 -4,853,724.80
5. Consolidated Cash flow statement
Prepared by: Dongxu Optoelectronic Technology Co., Ltd.
In RMB
Items Report period Same period of the previous year
I.Cash flows from operating activities
Cash received from sales of goods or
105,039,195.89 250,072,131.56
rending of services
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
Net increase of trade financial
asset disposal
Cash received as interest, processing
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Dongxu Optoelectronic Technology Co., Ltd The First Quarterly Report 2014
fee and commission
Net increase of inter-bank fund received
Net increase of repurchasing business
Tax returned 5,945,613.86 17,480,966.28
Other cash received from business
712,248,625.48 49,762,433.03
operation
Sub-total of cash inflow 823,233,435.23 317,315,530.87
Cash paid for purchasing of
1,177,792,633.78 158,879,682.42
merchandise and services
Net increase of client trade and
advance
Net increase of savings n central
bank and brother company
Cash paid for original contract claim
Cash paid for interest, processing fee
and commission
Cash paid for policy dividend
Cash paid to staffs or paid for staffs 55,924,693.74 41,169,640.41
Taxes paid 76,163,532.52 49,823,485.04
Other cash paid for business
211,584,255.69 236,121,324.14
activities
Sub-total of cash outflow from
1,521,465,115.73 485,994,132.01
business activities
Cash flow generated by business
-698,231,680.50 -168,678,601.14
operation, net
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, and other
long-term assets
Net cash received from disposal of
subsidiaries or other operational units
Net cash received from disposal of
subsidiaries or other operational units
Sub-total of cash inflow due to
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Dongxu Optoelectronic Technology Co., Ltd The First Quarterly Report 2014
investment activities
Cash paid for construction of fixed
assets, intangible assets and other 121,976,867.08 129,427,052.62
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
121,976,867.08 129,427,052.62
investment activities
Net cash flow generated by investment -121,976,867.08 -129,427,052.62
III.Cash flow generated by financing
Cash received as investment
Incl: Cash received as investment
from minor shareholders
Cash received as loans 350,000,000.00 775,000,000.00
Cash received from bond placing
Other financing –related ash received 3,157,967.69
Sub-total of cash inflow from
353,157,967.69 775,000,000.00
financing activities
Cash to repay debts 290,000,000.00 100,000,000.00
Cash paid as dividend, profit, or
50,007,866.54 19,256,055.55
interests
Incl: Dividend and profit paid by
subsidiaries to minor shareholders
Other cash paid for financing activities 220,000.00
Sub-total of cash outflow due to
340,007,866.54 119,476,055.55
financing activities
Net cash flow generated by financing 13,150,101.15 655,523,944.45
IV. Influence of exchange rate
alternation on cash and cash equivalents
V.Net increase of cash and cash
-807,058,446.43 357,418,290.69
equivalents
Add: balance of cash and cash
2,586,660,951.04 110,770,070.84
equivalents at the beginning of term
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Dongxu Optoelectronic Technology Co., Ltd The First Quarterly Report 2014
VI.Balance of cash and cash equivalents
1,779,602,504.61 468,188,361.53
at the end of term
6. Cash flow statement of the Parent Company
Prepared by: Dongxu Optoelectronic Technology Co., Ltd.
In RMB
Items Report period Same period of the previous year
I.Cash flows from operating activities
Cash received from sales of goods or
113,527.37 9,386,742.25
rending of services
Tax returned
Other cash received from business
3,030,719.82 1,351,996.92
operation
Sub-total of cash inflow 3,144,247.19 10,738,739.17
Cash paid for purchasing of
24,420.09 2,876,440.38
merchandise and services
Cash paid to staffs or paid for staffs 3,414,079.76 3,304,833.95
Taxes paid 1,224,262.54 839,419.88
Other cash paid for business
8,685,539.10 1,695,232.81
activities
Sub-total of cash outflow from
13,348,301.49 8,715,927.02
business activities
Cash flow generated by business
-10,204,054.30 2,022,812.15
operation, net
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, and other
long-term assets
Net cash received from disposal of
subsidiaries or other operational units
Other cash receivable for investment
activities
Sub-total of cash inflow due to
investment activities
22
Dongxu Optoelectronic Technology Co., Ltd The First Quarterly Report 2014
Cash paid for construction of fixed
assets, intangible assets and other
long-term assets
Cash paid as investment
Net cash received from subsidiaries and
other operational units
Other cash paid for investment
activities
Sub-total of cash outflow due to
investment activities
Net cash flow generated by investment
III.Cash flow generated by financing
Cash received from capital
contributions
Cash received as loans
Cash received from bond placing
Other financing –related ash received
Sub-total of cash inflow from
financing activities
Cash to repay debts
Cash paid as dividend, profit, or
interests
Other cash paid for financing activities
Sub-total of cash outflow due to
financing activities
Net cash flow generated by financing
IV. Influence of exchange rate
alternation on cash and cash equivalents
V.Net increase of cash and cash
-10,204,054.30 2,022,812.15
equivalents
Add: balance of cash and cash
29,805,307.79 1,602,670.30
equivalents at the beginning of term
VI.Balance of cash and cash equivalents
19,601,253.49 3,625,482.45
at the end of term
II. Auditor’ report
Is the First Quarterly Report be audited?
23
Dongxu Optoelectronic Technology Co., Ltd The First Quarterly Report 2014
□ Yes √No
This 1st Quarterly Report is not audited.
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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