Dongxu Optoelectronic Technology Co., Ltd The First Quarterly Report 2015
Dongxu Optoelectronic Technology Co., Ltd.
The First Quarterly Report 2015
April 2015
1
Dongxu Optoelectronic Technology Co., Ltd The First Quarterly Report 2015
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..Xie
Guozhong, 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 2015
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） 597,953,481.69 577,399,306.04 3.56%
Net profit attributable to the shareholders
211,159,604.96 207,652,354.20 1.69%
of the listed company（RMB）
Net profit after deducting of non-recurring
gain/loss attributable to the shareholders of 89,809,399.19 205,657,309.70 -56.33%
listed company（RMB）
Cash flow generated by business operation,
-164,732,966.40 -698,231,680.50 76.41%
net（RMB）
Basic earning per share(RMB/Share) 0.08 0.08
Diluted gains per
0.08 0.08
share(RMB/Share)(RMB/Share)
Weighted average return on equity
3.23% 3.51% -0.28%
（%）
Changes of this period-end
End of this period End of last period over same period-end of last
year(%)
Gross assets（RMB） 14,049,807,869.79 12,468,163,299.77 12.69%
Net assets attributable to the shareholders
6,388,440,660.89 6,436,732,506.01 -0.75%
of the listed company（RMB）
Items and amount of non-current gains and losses
√ Applicable □ Not applicable
In RMB
项目 年初至报告期期末金额 说明
Non-current asset disposal gain/loss(including the write-off part
-41,000.83
for which assets impairment provision is made)
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Dongxu Optoelectronic Technology Co., Ltd The First Quarterly Report 2015
Govemment subsidy recognized in currentgain and loss(excluding
those closely related to the Company’s business and granted 140,718,683.32
under the state’s policies)
Gains due to that the investment costs for the Company to obtain
subsidiaries, associates and joint ventures are lower than the
2,081,066.58
enjoyable fair value of the identifiable net assets of the investees
when making the investments
Gain/loss on entrusting others with investments or asset
1,750,000.00
management
Other non-operating income and expenditure except for the
89,669.16
aforementioned items
Less: Amount of influence of income tax 21,120,753.28
Influenced amount of minor shareholders’ equity（after
2,127,459.18
tax）
Total 121,350,205.77 --
For the Company’s non-recurring gain/loss items as defined in the Explanatory Announcement No.1 on
information disclosure for Compaines 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
None of Non-recurring gain /loss items recorgnized as recurring gain /loss/itesm as defined by the information
disclosure explanatory Announcement No.1- Non –recurring gain/loss in the report period.
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Dongxu Optoelectronic Technology Co., Ltd The First Quarterly Report 2015
(II) Total number of shareholders at the period-end and shareholdings of top 10 shareholders
1. Total number of common shareholders at the period-end and shareholdings of top 10 common shareholders
In shares
222,892(including 209,142 shareholders holding A shares and 13,750 shareholders
Total number of common
holding B shares)
shareholders at the period-end
Shareholdings of top 10 common shareholders
Amount of Pledging or freezing
Shareholder Properties of Share tradable shares
Quantity Status of the
name shareholder proportion % with Conditional Quantity
shares
held
Domestic Non
Dongxu Group -State-owned 14.65% 390,093,000 390,093,000 Pledge 381,663,000
legal person
Shijiazhuang
Baoshi Domestic Non
Electronic -State-owned 12.49% 332,380,950 Pledge 300,920,148
Group Co., legal person
Ltd.
Guoxin Domestic Non
Securities Co., -State-owned 2.34% 62,235,354
Ltd. legal person
Domestic Natural
Wang Wenxue 0.44% 11,715,000
person
State-owned
CMS(HK) 0.28% 7,545,580
legal person
Bank of China－
Castrol CSI 300
exchange traded Other 0.27% 7,135,941
index securities
investment fund
Beijing
Domestic Non
Zhongdian
-State-owned 0.21% 5,500,000
Guohua Industry
legal person
& Trade Co., Ltd.
ICBC－Huatai
Barry CSI 300
exchange traded Other 0.19% 4,989,742
index securities
investment fund
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Dongxu Optoelectronic Technology Co., Ltd The First Quarterly Report 2015
Foreign natural
Shen Guo 0.18% 4,853,400
person
Shanghai
Hongkang Foreign legal
0.18% 4,748,190
Wanguo person
Securities
Shareholding of top 10 shareholders of unrestricted shares
Quantity of unrestricted shares held at the end of the Share type
Name of the shareholder
reporting period Share type Quantity
Shijiazhuang Baoshi RMB Common
332,380,950 332,380,950
Electronic Group Co., Ltd. shares
RMB Common
Guoxin Securities Co., Ltd. 62,235,354 62,235,354
shares
RMB Common
Wang Wenxue 11,715,000 11,715,000
shares
Foreign shares
placed in
CMS(HK) 7,545,580 7,545,580
domestic
exchange
Bank of China－Castrol CSI 300
RMB Common
exchange traded index securities 7,135,941 7,135,941
shares
investment fund
Beijing Zhongdian Guohua Industry RMB Common
5,500,000 5,500,000
& Trade Co., Ltd. shares
ICBC－Huatai Barry CSI 300
RMB Common
exchange traded index securities 4,989,742 4,989,742
shares
investment fund
Foreign shares
placed in
Shen Guo 4,853,400 4,853,400
domestic
exchange
Foreign shares
Shanghai Hongkang Wanguo placed in
4,748,190 4,748,190
Securities domestic
exchange
RMB Common
Chen Ruitao 4,548,436 4,548,436
shares
Notes to the related relationship Among the top ten shareholders , Dongxu Group and Baoshi Group have relationship and
between the top ten shareholders or constitute persons taking concerted action. The company does not know whether there is
their concerted action relationship between other 8 shareholders or whether they are persons taking concerted action
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Dongxu Optoelectronic Technology Co., Ltd The First Quarterly Report 2015
defined in Administrative Measures Relating to Acquisitions of Listed Companies.
Participation of top 10
Top 10 of ordinary shares of the company shareholders Wang Wenxue, Chen Ruitao were hol
unconditional common share
ding company through margin accounts 11,701,700 shares and 3,792,336 shares, representing
shareholders in securities
0.44% of total share capital and 0.14%, respectively.
margin trading (if any)
Agreed re-purchasing by the Company’s top 10 shareholders of common shares and top 10 shareholders of
unconditional common shares in the report period
□ Yes √ No
No agreed re-purchasing is performed by the Company’s shareholders in the report period.
2. Total number of preferred shareholders and shareholding of top 10 preferred shareholders by the end of the
report period
□ Applicable√ Not applicable
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Dongxu Optoelectronic Technology Co., Ltd The First Quarterly Report 2015
III. Significant Events
I. Major changes of main accounting statement items and financial indicators in the reporting period, as
well as reasons for the changes
√ Applicable □ Not applicable
Financial Index Same period of last Increased/Decr Main reason for change
This period(RMB)
year(RMB) eased(%)
Consolidated Balance sheet index
Bills receivable 312,796,346.46 449,510,678.50 -30.41 Mainly due to the due in payment of
purchase money and endorsements
increase
Accounts receivable 1,139,750,614.41 638,809,800.10 78.42 Mainly due to new business is still in t
he period of credit occurred
Inventory 1,147,996,902.20 512,854,086.79 123.84 Mainy due tothe company purchased
the land led to increased development
costs
Engineering Materials 54,184,511.57 22,095,086.42 145.23 Mainly due to the increase in current
LCD glass production line construction
procurement of goods
Short-term loans 2,070,105,000.00 1,288,900,000.00 60.61 Due to the company added increased
liquidity
Advance receiptes 64,969,248.05 22,382,273.47 190.27 Mainly due to advances from
customers increased payment
Consolidated Profit statement index
Sales expenses 4,317,883.02 1,647,610.56 162.07 Mainly due to the Company freight, lab
or costs increased
Adminstration expenses 65,677,511.88 32,665,154.25 101.06 Mainly due to the Company expansion
led to labor costs, office and other cost
increased
Financial expenses 49,996,540.26 22,195,570.09 125.25 Mainly due to the increase in the
company's current capital loans
Assets impairment loss 5,512,967.56 1,837.20 299,974.44 Due to the company provisionfor
bad debts based on aging
Non-operating income 142,891,389.06 2,003,010.00 7,033.83 Mainly due to the increase in
government subsidies received
Consolidated Cash flow statement index
Net Cash flow generated -164,732,966.40 -698,231,680.50 76.41 Mainly due to the company provides sa
by business operation les of goods and services received a su
bstantial increase in cash, in addition, t
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Dongxu Optoelectronic Technology Co., Ltd The First Quarterly Report 2015
he business focused on pre-purchase pa
yments, leading to the current cash spe
nding fell.
Net cash flow generated 831,644,866.42 13,150,101.15 6,224.25 Mainly due to financing increased for
by financing Company development
II. The progress of significant events and influence, as well as the analysis and explanation on resolving
proposal.
√ Applicable□ Not applicable
1.On the 21st meeting of the Seventh Board of Directors and the 3rd extraordinary shareholders meeting in 2014
of the relevant resolution regarding the issuance of corporate bonds, the company decided to issue not more than 1
billion yuan of corporate bonds. On March 25, 2015, China Securities Regulatory Commission issued the Audit
Committee reviewed the applicant company by the issuance of corporate bonds.
2.On the 27th meeting of the seventh Board of Directors , the 31th Meeting of the seventh Board of Directors, and
the first extraordinary shareholders meeting in 2015 examed and adopted the company's non-public issue of stoc
k options related to the motion, the company decided to non-public offering specific investors not more than 1,169
,590,643 shares (including 1,169,590,643 shares), the total funds raised not expected to exceed 8000 million (incl
uding 8000million).On April 3, 2015, the company received the "China Securities Regulatory Commission admini
strative license application acceptance notice" issued by the China Securities Regulatory Commission No. 150621
, that the company non-public issue administrative license application materials are complete and meet the statutor
y form, the decision to accept the application .
Description of the website for disclosing
Description of provisional announcement Date of disclosing
provisional announcements
Apply for the issue of corporate bonds iss China Securities Daily, Hong Kong
uance examination committee reviewed by March 26,2015 Commercial Daily and
the Commission www.cninfo.com.cn
Non-public issue of shares by the China China Securities Daily, Hong Kong
Securities Regulatory Commission April 9,2015 Commercial Daily and
accepted the application www.cninfo.com.cn
Ⅲ. 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.
√ Applicable □ Not applicable
Time of Period of
Commitment Fulfillme
Commitment Contents making commitme
maker nt
commitment nt
Shijiazhuang If plans to sell tradable stocks of Dongxu
Under
Commitment on share Baoshi Optoelectronic through the bid trading system March Long-term
Fulfillme
reform Electronics of Shenzhen Stock Exchange and sell greater 29,2007 effective
nt
Group Co., Ltd than 5% of shares within six months after the
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Dongxu Optoelectronic Technology Co., Ltd The First Quarterly Report 2015
first sales, will disclose the contents specified
by the Form 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
Dongxue Optoelectronic , this company and
majority-owned subsidiaries do not in any
way, directly or indirectly engaged in
business and Dongxue Optoelectronic and its
subsidiaries are the same, or similar, future
Dongxue Optoelectronic shares and its
subsidiaries are not engaged in the same or
similar businesses.
2.The company assurances against the use of
precious stones share any act prejudicial to
the control relationship of Dongxu Long-term
Dongxu Group, Optoelectronic interests and its wholly-owned effective(I
Shijiazhuang subsidiaries, holding, or causing Dongxue ncluding :
Under
Commitments made upon Baoshi Optoelectronic shares and its wholly-owned 6 are val
June 27,2014 Fulfillme
issuance Electronics subsidiaries, holding form business id until De
nt
Group Co., competition decisions. 3. The company will cember 31
Ltd. not directly invest, purchase and Dongxu , 2016
Optoelectronic identical or similar business
enterprises and projects.
4.If the assets owned by the Dongxu
Optoelectronic . compete with , 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. Before December 31, 2015, by way of
designated placement, the company will
transfer all the shares that Dongxu
Optoelectronic Investment, entrusted to
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Dongxu Optoelectronic Technology Co., Ltd The First Quarterly Report 2015
Zhengzhou Xufei company and all the shares
that are entrusted to Baoshi Group, to Dongxu
Optoelectronics; Before December 31, 2016,
by way of designated placement, the company
will transfer all the shares that Dongxu Group
entrusted to Dongxu Yingkou and Sichuan
Xuhong to Dongxu Optoelectronics. Within
the time limit mentioned above, if there were
the external factors such as a depression of
industry as a whole, or the changes in
regulatory requirements, which lead to the
result that the shares of hosting company can
not meet the requirements of capital
investment, Li Zhaoting, the actual controller,
Dongxu Optoelectronic Investment , Dongxu
Group and Baoshi Group as well as the
company will actively negotiate with related
parties, continue to entrust the above
mentioned shares and the power of
management to Dongxu Optoelectronics.
Within the period when the company is still
the controlling shareholder of Dongxu
Optoelectronics, the commitments are in
effect.
Dongxu Group Co., Ltd. subscribed for
25.01% of the shares privately issued by the As of Under
Dongxu Group
Company and promised that the period of sale April 18, 2013 April Fulfillme
Co., Ltd.
restriction of such shares was 36 months from 17,2016 nt
the first day of listing.
Dongxu Group has made other not included in
the "patent license contract" in the rear and th
e flat panel display glass substrate related pate Committe
nts, will be entirely in accordance with the "p d validity i
atent license contract" clause and its subsidiar s consisten
ies Dongxu Optoelectronic (Wuhu Optoelectr t with the
Under
Dongxu Group onics ， February duration of
Fulfillme
Co., Ltd. Wuhu equipment and Shijiazhuang equipment 8,2015 company
nt
) signed a free patent license contract. After th bonds issu
is success Dongxu Optoelectronic issuance of ed this tim
corporate bonds, the duration of the bond, reg e
ardless of whether the Group controls Dongxu
Optoelectronic promised after the aforementi
oned "patent licensing contract" expires, accor
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Dongxu Optoelectronic Technology Co., Ltd The First Quarterly Report 2015
ding to Dongxu Group and Dongxu Optoelect
ronic applications unconditional original contr
act terms and Dongxu optoelectronic and its s
ubsidiaries (Wuhu Optoelectronic and
Shijiazhuang equipment) to renew the patent l
icense contract maturity date expires.
Committe
I. This public issue of corporate bonds to raise d validity i
funds will not directly or indirectly invest in r s consisten
Dongxu eal estate development business, not an increa t with the
Under
Optoelectronic se in the real estate business for its subsidiarie February duration of
Fulfillme
Technology Co., s or its loan capital; 10,2015 company
nt
Ltd. II This public issue of corporate bonds to rais bonds issu
e funds will not be used in any manner or disg ed this tim
uise for the real estate development business e
Other commitments made to
minority shareholders
Executed timely or not? Yes
IV．Prediction of Business performance for January- June 2015
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. Securities investment
□ Applicable √ Not applicable
There is no securities investment during the report period.
VI. Shareholdings in other listed companies
□ Applicable √ Not applicable
No such cases in the reporting period.
VII. Investments in derivatives
□ Applicable √ Not applicable
There is no derivative investment during the report period.
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Dongxu Optoelectronic Technology Co., Ltd The First Quarterly Report 2015
VIII. The registration form of acceptance of investigation, communication and interview in the report
period for future reference
□ Applicable √ Not applicable
The Period has no research, communication and written inquiry from the investors in the report period.
IV. Financial statement
I. Financial statement
1.Consolidated Balance sheet
Prepared by Dongxu Optoelectronic Technology Co., Ltd.
March 31,2015
In RMB
Items Year-end balance Year-beginning balance
Current asset：
Monetary fund 3,764,434,210.75 3,196,271,083.93
Settlement provision
Outgoing call loan
Financial assets measured at fair value
with variations accounted into current
income account
Derivative financial assets
Bill receivable 312,796,346.46 449,510,678.50
Account receivable 1,139,750,614.41 638,809,800.10
Prepayments 2,033,369,036.41 2,749,454,904.89
Insurance receivable
Reinsurance receivable
Provisions of Reinsurance contracts
receivable
Interest receivable
Dividend receivable
Other account receivable 58,282,493.00 43,302,115.88
Repurchasing of financial assets
Inventories 1,147,996,902.20 512,854,086.79
Assets held for sales
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Dongxu Optoelectronic Technology Co., Ltd The First Quarterly Report 2015
Non-current asset due in 1 year
Other current asset 574,396,474.19 510,571,217.34
Total of current assets 9,031,026,077.42 8,100,773,887.43
Non-current assets：
Loans and payment on other’s behalf
disbursed
Disposable financial asset
Expired investment in possess
Long-term receivable
Long term share equity investment
Property investment
Fixed assets 2,185,685,594.61 1,958,761,855.66
Construction in progress 2,355,317,046.42 2,045,729,633.22
Engineering material 54,184,511.57 22,095,086.42
Fixed asset disposal
Production physical assets
Gas & petrol
Intangible assets 277,812,096.11 220,645,757.06
R & D petrol 12,038,195.94
Goodwill
Long-germ expenses to be amortized 15,680,973.13 14,106,796.67
Differed income tax asset 118,063,374.59 106,050,283.31
Other non-current asset
Total of non-current assets 5,018,781,792.37 4,367,389,412.34
Total of assets 14,049,807,869.79 12,468,163,299.77
Current liabilities
Short-term loans 2,070,105,000.00 1,288,900,000.00
Loan from Central Bank
Deposit received and hold for others
Call loan received
Financial liabilities measured at fair
value with variations accounted into
current income account
Derivative financial liabilities
Bill payable 356,000,000.00 280,000,000.00
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Dongxu Optoelectronic Technology Co., Ltd The First Quarterly Report 2015
Account payable 283,698,665.72 232,393,429.70
Advance payment 64,969,248.05 22,382,273.47
Selling of repurchased financial assets
Fees and commissions receivable
Employees’ wage payable 22,801,675.45 23,745,764.49
Tax payable 96,977,804.59 108,920,459.16
Interest payable 168,000.00
Dividend payable 261,044,750.08 30,000,000.00
Other account payable 72,847,065.56 69,267,124.39
Reinsurance fee payable
Insurance contract provision
Entrusted trading of securities
Entrusted selling of securities
Liabilities held for sales
Non-current liability due in 1 year 268,000,000.00 268,000,000.00
Other current liability 63,919,933.28 63,687,933.33
Total of current liability 3,560,532,142.73 2,387,296,984.54
Non-current liabilities：
Long-term loan 3,852,000,000.00 3,572,000,000.00
Bond payable
Including：preferred stock
Sustainable debt
Long-term payable
Long-term payable employees’s
remuneration
Special payable
Expected liabilities
Deferred income 32,444,627.84 33,064,111.11
Deferred income tax liability
Other non-current liabilities
Total non-current liabilities 3,884,444,627.84 3,605,064,111.11
Total of liability 7,444,976,770.57 5,992,361,095.65
Owners’ equity
Share capital 2,662,080,001.00 2,662,080,001.00
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Dongxu Optoelectronic Technology Co., Ltd The First Quarterly Report 2015
Other equity instruments
Including：preferred stock
Sustainable debt
Capital reserves 2,921,560,218.24 2,919,966,918.24
Less：Shares in stock
Other comprehensive income
Special reserves
Surplus reserves 66,158,108.81 66,158,108.81
Common risk provision
Undistributed profit 738,642,332.84 788,527,477.96
Total of owner’s equity belong to the
6,388,440,660.89 6,436,732,506.01
parent company
Minority shareholders’ equity 216,390,438.33 39,069,698.11
Total of owners’ equity 6,604,831,099.22 6,475,802,204.12
Total of liabilities and owners’ equity 14,049,807,869.79 12,468,163,299.77
Legal representative ：Li Zhaoting
Person-in-charge of the accounting work：Li Quannian
Person-in -charge of the accounting organ：Xie Guozhong
2. Balance sheet of Parent Company
In RMB
Items Year-end balance Year-beginning balance
Current asset：
Monetary fund 2,826,946,093.91 1,736,774,243.99
Financial assets measured at fair value
with variations accounted into current
income account
Derivative financial assets
Bill receivable 319,241.25 100,000.00
Account receivable 12,918,852.04 12,495,493.29
Prepayments 12,770,229.63 863,556,776.13
Interest receivable
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Dongxu Optoelectronic Technology Co., Ltd The First Quarterly Report 2015
Dividend receivable 323,000,000.00
Other account receivable 1,111,265,655.70 316,867,754.88
Inventories 19,590,773.47 18,563,041.11
Assets held for sales
Non-current asset due in 1 year
Other current asset 54,125.22 19,211.84
Total of current assets 3,983,864,971.22 3,271,376,521.24
Non-current assets：
Disposable financial asset
Expired investment in possess
Long-term receivable
Long term share equity investment 5,284,257,335.49 5,096,912,035.49
Property investment
Fixed assets 54,266,664.70 55,683,240.25
Construction in progress
Engineering material
Fixed asset disposal
Production physical assets
Gas & petrol
Intangible assets 10,440,223.86 10,521,614.79
R & D petrol
Goodwill
Long-germ expenses to be amortized
Deferred income tax asset 9,097,970.44 9,097,970.44
Other non-current asset
Total of non-current assets 5,358,062,194.49 5,172,214,860.97
Total of assets 9,341,927,165.71 8,443,591,382.21
Current liabilities
Short-term loans 1,580,000,000.00 900,000,000.00
Financial liabilities measured at fair
value with variations accounted into
current income account
Derivative financial liabilities
Bill payable
Account payable 21,827,711.83 19,083,770.39
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Dongxu Optoelectronic Technology Co., Ltd The First Quarterly Report 2015
Advance payment 10,587.90 20,937.90
Employees’ wage payable 3,582,440.67 5,250,269.40
Tax payable 1,095,772.41 1,986,624.99
Interest payable
Dividend payable 261,044,750.08
Other account payable 1,239,012,145.53 1,253,172,816.58
Liabilities held for sales
Non-current liability due in 1 year
Other current liability 20,000.00 20,000.00
Total of current liability 3,106,593,408.42 2,179,534,419.26
Non-current liabilities：
Long-term loan 680,000,000.00 400,000,000.00
Bond payable
Including：preferred stock
Sustainable debt
Long-term payable
Employees’ wage payable
Special payable
Expected liabilities
Deferred income 25,000.00 25,000.00
Deferred income tax liability
Other non-current liabilities
Total of Non-current liabilities 680,025,000.00 400,025,000.00
Total of liability 3,786,618,408.42 2,579,559,419.26
Owners’ equity
Share capital 2,662,080,001.00 2,662,080,001.00
Other equity instrument
Including：preferred stock
Sustainable debt
Capital reserves 2,784,307,903.79 2,782,714,603.79
Less：Shares in stock
Other comprehensive income
Special reserves
Surplus reserves 70,907,471.36 70,907,471.36
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Dongxu Optoelectronic Technology Co., Ltd The First Quarterly Report 2015
Undistributed profit 38,013,381.14 348,329,886.80
Total of owners’ equity 5,555,308,757.29 5,864,031,962.95
Total of liabilities and owners’ equity 9,341,927,165.71 8,443,591,382.21
3.Consolidated Profit Statement
In RMB
Items Amount in this period Amount in last period
I. Income from the key business 597,953,481.69 577,399,306.04
Incl：Business income 597,953,481.69 577,399,306.04
Interest income
Insurance fee earned
Fee and commission received
II. Total business cost 471,105,698.18 326,321,239.23
Incl：Business cost 338,945,387.74 260,675,002.58
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 6,655,407.72 9,136,064.55
Sales expense 4,317,883.02 1,647,610.56
Administrative expense 65,677,511.88 32,665,154.25
Financial expenses 49,996,540.26 22,195,570.09
Asset impairment loss 5,512,967.56 1,837.20
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） 126,847,783.51 251,078,066.81
19
Dongxu Optoelectronic Technology Co., Ltd The First Quarterly Report 2015
Add ：Non-operational income 142,891,389.06 2,003,010.00
Including：Income from disposal of
non-current assets
Less：Non business expenses 42,970.83 7,080.00
Incl：Loss from disposal of non-current
41,000.83
assets
IV.Total profit(“-”for loss) 269,696,201.74 253,073,996.81
Less：Income tax expenses 49,287,245.59 32,520,518.09
V. Net profit 220,408,956.15 220,553,478.72
Net profit attributable to the owners of
211,159,604.96 207,652,354.20
parent company
Minority shareholders’ equity 9,249,351.19 12,901,124.52
VI. Other comprehensive income
Net of profit of other comprehensive inco
me attributable to owners of the parent co
mpany.
（I）Other comprehensive income items
that will not be reclassified into
gains/losses in the subsequent
accounting period
1.Re-measurement of defined benefit pla
ns of changes in net debt or net assets
2.Other comprehensive income under the
equity method investee can not be reclass
ified into profit or loss.
（II）
Other comprehensive income that will b
e reclassified into profit or loss.
1.Other comprehensive income under the
equity method investee can be reclassifie
d into profit or loss.
2.Gains and losses from changes in fair v
alue available for sale financial assets
3.Held-to-maturity investments reclassifi
ed to gains and losses of available for sal
e financial assets
4.The effective portion of cash flow hedg
es and losses
5.Translation differences in currency fina
ncial statements
20
Dongxu Optoelectronic Technology Co., Ltd The First Quarterly Report 2015
6.Other
7.Net of profit of other comprehensive i
ncome attributable to Minority
shareholders’ equity
VII. Total comprehensive income 220,408,956.15 220,553,478.72
Total comprehensive income attributable
211,159,604.96 207,652,354.20
to the owner of the parent company
Total comprehensive income attributable
9,249,351.19 12,901,124.52
minority shareholders
VIII. Earnings per share
（I）Basic earnings per share 0.08 0.08
(II)Diluted earnings per share 0.08 0.08
The current business combination under common control, the net profits of the combined party before achieved net profit of RMB 0,
last period the combined party realized RMB 0.
Legal representative ：Li Zhaoting
Person-in-charge of the accounting work：Li Quannian
Person-in -charge of the accounting organ：Xie Guozhong
4. Profit statement of the Parent Company
In RMB
Items Amount in this period Amount in last period
I. Income from the key business 2,404,239.32 10,407,766.52
Incl：Business cost 534,875.83 9,025,195.82
Business tax and surcharge 309,381.25 -44,952.08
Sales expense 99.00 59,139.64
Administrative expense 15,686,433.58 3,897,891.28
Financial expenses 35,108,028.41 -19,879.39
Asset impairment loss 1,837.20
Add：Gains from change of fir value
（“-”for loss）
Investment gain（“-”for loss）
Incl: investment gains from affiliates
II. Operational profit（“-”for loss） -49,234,578.75 -2,511,465.95
Add ：Non-operational income 3,824.00 1,500,845.00
Including：Income from disposal of
21
Dongxu Optoelectronic Technology Co., Ltd The First Quarterly Report 2015
non-current assets
Less：Non business expenses 41,000.83
Incl：Loss from disposal of non-current
41,000.83
assets
III.Total profit(“-”for loss) -49,271,755.58 -1,010,620.95
Less：Income tax expenses
IV. Net profit（“-”for net loss） -49,271,755.58 -1,010,620.95
V.Net of profit of other comprehensive i
ncome
（I）Other comprehensive income items
that will not be reclassified into
gains/losses in the subsequent
accounting period
1.Re-measurement of defined benefit pl
ans of changes in net debt or net assets
2.Other comprehensive income under th
e equity method investee can not be recl
assified into profit or loss.
（II）
Other comprehensive income that will b
e reclassified into profit or loss.
1.Other comprehensive income under th
e equity method investee can be reclassi
fied into profit or loss.
2.Gains and losses from changes in fair
value available for sale financial assets
3.Held-to-maturity investments reclassif
ied to gains and losses of available for s
ale financial assets
4.The effective portion of cash flow hed
ges and losses
5.Translation differences in currency fin
ancial statements
6.Other
VI. Total comprehensive income -49,271,755.58 -1,010,620.95
VII. Earnings per share：
（I）Basic earnings per share
(II)Diluted earnings per share
22
Dongxu Optoelectronic Technology Co., Ltd The First Quarterly Report 2015
5. Consolidated Cash flow statement
In RMB
Items Amount in this period Amount in last period
I.Cash flows from operating activities
Cash received from sales of goods or
362,946,885.54 105,039,195.89
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 amount from disposal
financial assets that measured by fair
value and with variation reckoned into
current gains/losses
Net increase of inter-bank fund
received
Net increase of trade financial asset
disposal
Net increase of repurchasing
business
Tax returned 4,354,246.00 5,945,613.86
Other cash received from business
153,107,059.87 712,248,625.48
operation
Sub-total of cash inflow 520,408,191.41 823,233,435.23
Cash paid for purchasing of
315,637,594.84 1,177,792,633.78
merchandise and services
Net increase of client trade and
advance
Net increase of savings n central bank
and brother company
23
Dongxu Optoelectronic Technology Co., Ltd The First Quarterly Report 2015
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 82,927,055.27 55,924,693.74
Taxes paid 156,024,191.44 76,163,532.52
Other cash paid for business activities 130,552,316.26 211,584,255.69
Sub-total of cash outflow from
685,141,157.81 1,521,465,115.73
business activities
Cash flow generated by business
-164,732,966.40 -698,231,680.50
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 investment-related cash received
Sub-total of cash inflow due to
investment activities
Cash paid for construction of
fixed assets, intangible assets 80,549,243.86 121,976,867.08
and other long-term assets
Cash paid as investment 50,000,000.00
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
130,549,243.86 121,976,867.08
investment activities
Net cash flow generated by investment -130,549,243.86 -121,976,867.08
III.Cash flow generated by financing
Cash received as investment 2,000,000.00
24
Dongxu Optoelectronic Technology Co., Ltd The First Quarterly Report 2015
Incl: Cash received as investment from
2,000,000.00
minor shareholders
Cash received as loans 1,060,000,000.00 350,000,000.00
Cash received from bond placing
Other financing –related ash received 3,157,967.69
Sub-total of cash inflow from financing
1,062,000,000.00 353,157,967.69
activities
Cash to repay debts 105,000,000.00 290,000,000.00
Cash paid as dividend, profit, or
125,355,133.58 50,007,866.54
interests
Incl: Dividend and profit paid by
subsidiaries to minor shareholders
Other cash paid for financing activities
Sub-total of cash outflow due to
230,355,133.58 340,007,866.54
financing activities
Net cash flow generated by financing 831,644,866.42 13,150,101.15
IV. Influence of exchange rate
alternation on cash and cash -7,629.11
equivalents
V.Net increase of cash and cash
536,355,027.05 -807,058,446.43
equivalents
Add: balance of cash and cash
3,152,845,725.66 2,586,660,951.04
equivalents at the beginning of term
VI ..Balance of cash and cash
3,689,200,752.71 1,779,602,504.61
equivalents at the end of term
6. Cash flow statement of the Parent Company
In RMB
Items Amount in this period Amount in last period
I.Cash flows from operating activities
Cash received from sales of goods or
1,238,860.00 113,527.37
rending of services
Tax returned 155,285.79
Other cash received from business
652,383,248.30 3,030,719.82
operation
Sub-total of cash inflow 653,777,394.09 3,144,247.19
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Dongxu Optoelectronic Technology Co., Ltd The First Quarterly Report 2015
Cash paid for purchasing of
2,334,233.47 24,420.09
merchandise and services
Cash paid to staffs or paid for staffs 8,250,030.14 3,414,079.76
Taxes paid 2,485,250.46 1,224,262.54
Other cash paid for business activities 618,444,110.50 8,685,539.10
Sub-total of cash outflow from
631,513,624.57 13,348,301.49
business activities
Cash flow generated by business
22,263,769.52 -10,204,054.30
operation, net
II.Cash flow generated by investing
Cash received from investment
retrieving
Cash received as investment gains 323,000,000.00
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 investment-related cash received
Sub-total of cash inflow due to
323,000,000.00
investment activities
Cash paid for construction of
fixed assets, intangible assets
and other long-term assets
Cash paid as investment 182,345,300.00
Net cash received from subsidiaries
and other operational units
Other cash paid for investment
activities
Sub-total of cash outflow due to
182,345,300.00
investment activities
Net cash flow generated by investment 140,654,700.00
III.Cash flow generated by financing
Cash received as investment
Cash received as loans 960,000,000.00
Cash received from bond placing
Other financing –related ash received
26
Dongxu Optoelectronic Technology Co., Ltd The First Quarterly Report 2015
Sub-total of cash inflow from financing
960,000,000.00
activities
Cash to repay debts
Cash paid as dividend, profit, or
32,746,619.60
interests
Other cash paid for financing activities
Sub-total of cash outflow due to
32,746,619.60
financing activities
Net cash flow generated by financing 927,253,380.40
IV. Influence of exchange rate
alternation on cash and cash
equivalents
V.Net increase of cash and cash
1,090,171,849.92 -10,204,054.30
equivalents
Add: balance of cash and cash
1,736,774,243.99 29,805,307.79
equivalents at the beginning of term
VI ..Balance of cash and cash
2,826,946,093.91 19,601,253.49
equivalents at the end of term
II. Auditor’ report
Is the First Quarterly Report be audited?
□ Yes √No
This report is not audited.
Dongxu Optoelectronic Technology Co., Ltd.
Chairman of the Board：Li Zhaoting
Issue day approved by the Board of Directors: April 29,2015.
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