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宁通信B:2021年第三季度报告(英文版)2021-10-30  

                        Stock Code: 200468                       Short Form of the Stock: NJ TEL B                                   Notice No.: 2021-044



                      Nanjing Putian Telecommunications Co., Ltd.
                             The Third Quarterly Report for 2021
The Company and whole members of the BOD guarantee that the information disclosed is true, accurate and
complete, and there are no any fictitious records, misleading statements or important omissions.
Important content reminder:
1. Board of Directors, Supervisory Committee, all directors, supervisors and senior executives of Nanjing Putian
Telecommunications Co., Ltd. (hereinafter referred to as the Company) 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.
2. Principal of the Company, Person in Charge of Accounting Works and Person in Charge of Accounting Organ
(Accounting Officer) hereby confirm that the Financial Report of the Third Quarterly Report is authentic, accurate
and complete.
3. Whether the Third Quarterly Report has been audited or not

□Yes    √No


I. Main financial data

(i) Main accounting data and financial indexes

Whether it has retroactive adjustment or re-statement on previous accounting data or not
□Yes √No
                                                                                                          Increase/decrease from
                                                       Increase/decrease in the
                                                                                                         year-begin to period-end
                                                      period compared with the
                                Current period                                  Year-begin to period-end compared with the same
                                                          same period of the
                                                                                                           period of the previous
                                                            previous year
                                                                                                                    year
Operating income (Yuan)              230,970,269.55                    -10.47%             682,848,879.98                  2.97%
Net profit attributable to
shareholders of the listed            -6,957,585.43                   -484.65%              -36,551,452.62                39.13%
company (Yuan)

Net profit attributable to
shareholders of the listed
company after deducting               -6,972,945.34                    -23.77%              -36,839,403.83                46.80%
non-recurring gains and
losses (Yuan)

Net cash flow arising
from operating activities            ——                      ——                        -105,367,251.21              -533.45%
(Yuan)




1
Basic earnings per share
                                                -0.032                  -433.33%                         -0.170                39.07%
(Yuan /Share)

Diluted earnings per
                                                -0.032                  -433.33%                         -0.170                39.07%
share (Yuan /Share)

Weighted average ROE                            -4.09%                     -3.00%                      -20.17%                 22.87%
                                                                                    Increase/decrease at the period-end compared with
                              End of current period       End of previous year
                                                                                               the end of the previous year

Total assets (Yuan)                  1,052,132,151.68           1,167,608,410.82                                                -9.89%
Net assets attributable to
shareholder of listed                 165,790,347.78              189,624,160.92                                              -12.57%
company (Yuan)


(ii) Items and amounts of non-recurring profit (gains)/losses

√ Applicable   □ Not applicable
                                                                                                                              Unit: Yuan
                                                                                        Amount from

                           Item                           Amount for the period          year-begin to                 Note
                                                                                          period-end

Gains/losses from the disposal of non-current asset
(including the write-off that accrued for impairment                    54,608.47                70,437.79
of assets)

Government subsidy recorded in current gains/losses
(except those closely related to the Company’s
normal operation, and those continuously enjoyed on                     48,320.88               408,466.66
a fixed or quantitative basis with certain standards in
accordance with national policy regulations)
Other non-operating income and expenses other than
                                                                       -29,631.81                -34,242.22
the above
Less: impact on income tax                                              58,982.15                84,024.10
     Impact on minority shareholders’ equity
                                                                        -1,044.52                72,686.92
(post-tax)
Total                                                                  15,359.91                287,951.21              --
Other gain/loss items that qualified the definition of non-recurring profit (gains)/losses:
□ Applicable    √ Not applicable
The Company does not have other gain/loss items that qualified the definition of non-recurring profit (gains)/losses
Explanation on those non-recurring gain/loss listed in the “Q&A Announcement No.1 on Information Disclosure for Companies
Offering Their Securities to the Public --- Extraordinary Profit/loss” defined as recurring gain/loss
□ Applicable    √ Not applicable
The Company does not have the non-recurring gain/loss listed in the “Q&A Announcement No.1 on Information Disclosure for
Companies Offering Their Securities to the Public --- Extraordinary Profit/loss” defined as recurring gain/loss




2
(iii) Particulars about changes in items of main accounting data and financial index and explanations of
reasons

√ Applicable □Not applicable
                 Item                          Period               Amount             Increase or decrease Main reasons for changes
Net      profit     attributable    to                                                                     In the third quarter, the
shareholders of listed companies The period                          -6,957,585.43                -484.65% regional outbreaks of
(yuan)                                                                                                     epidemic had some impact
Basic      earnings       per    share                                                                     on      the      Company’s
                                       The period                             -0.032              -433.33%
(yuan/share)                                                                                               business;     non-recurring
Diluted earnings per share                                                                                 gain/loss declined on a
                                       The period                             -0.032              -433.33% y-o-y basis in the period
(yuan/share)
Net      profit     attributable    to
                                       Year-begin           to
shareholders of listed companies                                   -36,551,452.62                     39.13%
                                       period-end
(yuan)                                                                                                       Sales revenue increased
Basic      earnings       per    share Year-begin           to                                               from Jan.- Sept. compared
                                                                              -0.170                  39.07%
(yuan/share)                           period-end                                                            with the same period of the
Diluted earnings per share Year-begin                       to                                               previous year, the costs
                                                                              -0.170                  39.07% expenses decreased on a
(yuan/share)                           period-end
Net      profit     attributable    to                                                                       y-o-y basis with losses
shareholders of the listed company Year-begin               to                                               reduced
                                                                    -36,839,403.83                    46.80%
after deducting non-recurring period-end
gains and losses (yuan)
Net cash flow from operating Year-begin                     to                                                 Sales return in the period
                                                                  -105,367,251.21                 -533.45%
activities (yuan)                      period-end                                                              decreased on a y-o-y basis


II. Shareholders Information

(i) Total number of common shareholders and preference shareholders with voting rights recovered and
top ten common shareholders

                                                                                                                               Unit: Share
                                                                          Total preference shareholders
Total common shareholders at the                                          with voting rights recovered at
                                                                  8,264                                                                  0
end of report period                                                      end of reporting period (if
                                                                          applicable)
                                                           Top ten shareholders
                                                                                                        Information of shares pledged,
                                                                                    Number of
    Shareholder’s      Nature of          Proportion of    Amount of shares                                    tagged or frozen
                                                                                   non-tradable
        name           shareholder          shares held         held
                                                                                    shares held
                                                                                                       State of share        Amount
China Potevio
                     State-owned
Company                                            53.49%        115,000,000           115,000,000
                     corporation
Limited
Shenwan
                Foreign
HongYuan (H.K.)                                     2.98%           6,416,820                     0
                corporation
Limited
GUOTAI
JUNAN
             Foreign
SECURITIES(H                                        1.36%           2,917,560                     0
             corporation
ONGKONG)
LIMITED
                     Domestic nature
Zheng Enyue                                         1.14%           2,449,739                     0
                     person
                     Domestic nature
Sun Huiming                                         0.93%           2,000,000                     0
                     person
                     Domestic nature
Gu Jinhua                                           0.87%           1,871,371                     0
                     person



3
Guosen Securities
                  Foreign
(H.K.) Broker                                    0.85%          1,828,682                   0
                  corporation
Co., Ltd.
BOCI
                   Foreign
SECURITIES                                       0.59%          1,266,945                   0
                   corporation
LIMITED
                   Domestic nature
Zhen Hongquan                                    0.43%            924,000                   0
                   person
                   Domestic nature
Xiang Yan                                        0.42%            905,602                   0
                   person
                                     Shareholding of the top 10 shareholders of tradable shares
                                                                                                            Type of shares
         Shareholder’s name                       Number of listed shares held
                                                                                                     Type               Amount
                                                                                             Domestically
Shenwan HongYuan (H.K.) Limited                                                    6,416,820 listed foreign                  6,416,820
                                                                                             shares
GUOTAI JUNAN                                                                                 Domestically
SECURITIES(HONGKONG)                                                               2,917,560 listed foreign                  2,917,560
LIMITED                                                                                      shares
                                                                                             Domestically
Zheng Enyue                                                                        2,449,739 listed foreign                  2,449,739
                                                                                             shares
                                                                                             Domestically
Sun Huiming                                                                        2,000,000 listed foreign                  2,000,000
                                                                                             shares
                                                                                             Domestically
Gu Jinhua                                                                          1,871,371 listed foreign                  1,871,371
                                                                                             shares
                                                                                             Domestically
Guosen Securities (H.K.) Broker
                                                                                   1,828,682 listed foreign                  1,828,682
Co., Ltd.
                                                                                             shares
                                                                                             Domestically
BOCI SECURITIES LIMITED                                                            1,266,945 listed foreign                  1,266,945
                                                                                             shares
                                                                                             Domestically
Zhen Hongquan                                                                        924,000 listed foreign                   924,000
                                                                                             shares
                                                                                             Domestically
Xiang Yan                                                                            905,602 listed foreign                   905,602
                                                                                             shares
                                                                                             Domestically
Liang Wei                                                                            772,800 listed foreign                   772,800
                                                                                             shares
Note of related relationship among   Among the top ten shareholders, China Potevio is neither a related party nor a person acting
the above shareholders and           in concert with the others. It’s unknown by the Company whether there are related parties or
concerted actors                     persons acting in concert among the other shareholders.
Explanation on top ten common
shareholders involving margin        N/A
business (if applicable)


(ii) Total shareholders with preferred stock held and shares held by top ten shareholders with preferred
stock held

□ Applicable √ Not applicable




4
III. Other significant events

√ Applicable □ Not applicable
During the reporting period, former actual controller of the Company- China Putian Information Industry Group Co., Ltd. completed
the transfer of state-owned equity without compensation, the China Electronics Technology Group Corporation becomes the actual
controller of the Company. Found more in the “Summary of the Acquisition Report of Nanjing Putian Telecommunications Co.,
Ltd.” released on 1 September 2021, the “Acquisition Report of Nanjing Putian Telecommunications Co., Ltd.” released on 7
September 2021 and “Announcement on the Completion of the Industrial & Commercial Change Registration of the E quity Transfer
Without Compensation of China Putian Information Industry Group Co., Ltd.” released on 24 September.


IV. Quarterly financial statements

(i) Financial statement

1. Consolidate balance sheet

Prepared by Nanjing Putian Telecommunications Co., Ltd.
                                                                                                                      Unit: Yuan
                      Item                          September 30, 2021                          December 31, 2020
Current assets:
       Monetary fund                                                 80,947,893.65                              209,849,710.96
       Settlement provisions
       Capital lent
       Trading financial assets
       Derivative financial assets
       Note receivable                                               19,641,819.18                               17,029,051.04
       Account receivable                                           510,180,252.33                              493,992,403.49
       Receivable financing                                          10,747,475.07                               32,594,702.60
       Accounts paid in advance                                      13,468,960.36                               19,616,348.65
       Insurance receivable
       Reinsurance receivables
     Contract reserve of reinsurance
receivable
       Other account receivable                                      30,490,442.01                               16,911,790.31
         Including: Interest receivable
                      Dividend receivable                             4,653,400.00
     Buying back the sale of financial
assets
       Inventories                                                  220,464,490.66                              199,641,972.32
       Contractual assets
       Assets held for sale
       Non-current asset due within one
year
       Other current assets                                           3,788,134.96                               13,126,022.08
Total current assets                                                889,729,468.22                            1,002,762,001.45
Non-current assets:
       Loans and payments on behalf
       Debt investment



5
     Other debt investment
     Long-term account receivable
     Long-term equity investment            10,422,056.77      10,422,056.96
      Investment in other equity
                                               741,953.00         741,953.00
instrument
     Other non-current financial assets
     Investment real estate                  7,077,218.23       4,267,013.35
     Fixed assets                          118,229,219.38     100,158,063.58
     Construction in progress                  905,604.65      22,454,792.27
     Productive biological asset
     Oil and gas asset
     Right-of-use assets
     Intangible assets                      20,590,054.53      21,261,119.40
    Expense on Research and
Development
     Goodwill
    Long-term expenses to be
                                             4,436,576.90       5,541,410.81
apportioned
     Deferred income tax asset
     Other non-current asset
Total non-current asset                    162,402,683.46     164,846,409.37
Total assets                              1,052,132,151.68   1,167,608,410.82
Current liabilities:
     Short-term loans                      147,500,000.00      65,000,000.00
     Loan from central bank
     Capital borrowed
     Trading financial liability
     Derivative financial liability
     Note payable                           15,693,714.89      76,135,010.10
     Account payable                       529,619,875.17     604,765,586.00
     Accounts received in advance
     Contractual liability                  19,147,359.21      28,518,252.40
     Selling financial asset of
repurchase
    Absorbing deposit and interbank
deposit
     Security trading of agency
     Security sales of agency
     Wage payable                           15,351,742.83      17,362,878.28
     Taxes payable                           3,822,978.09       8,707,248.67
     Other account payable                  56,898,058.06      53,759,120.63
        Including: Interest payable
                       Dividend payable      6,345,613.38       4,044,213.38
   Commission charge and
commission payable
     Reinsurance payable
     Liability held for sale
     Non-current liabilities due within
                                             5,323,143.31       9,181,720.08
one year



6
     Other current liabilities                                             2,489,156.70                    3,707,372.81
Total current liabilities                                            795,846,028.26                     867,137,188.97
Non-current liabilities:
     Insurance contract reserve
     Long-term loans
     Bonds payable
        Including: Preferred stock
                     Perpetual capital
securities
     Lease liability
     Long-term account payable                                                                             4,036,160.05
     Long-term wages payable
     Accrual liability
     Deferred income
     Deferred income tax liabilities
     Other non-current liabilities
Total non-current liabilities                                                                              4,036,160.05
Total liabilities                                                    795,846,028.26                     871,173,349.02
Owner’s equity:
     Share capital                                                   215,000,000.00                     215,000,000.00
     Other equity instrument
        Including: Preferred stock
                     Perpetual capital
securities
     Capital public reserve                                          196,286,481.92                     183,568,842.44
     Less: Inventory shares
     Other comprehensive income                                           -6,853,931.65                   -6,853,931.65
     Reasonable reserve
     Surplus public reserve                                                 589,559.77                      589,559.77
     Provision of general risk
     Retained profit                                                 -239,231,762.26                    -202,680,309.64
Total owner’ s equity attributable to
                                                                     165,790,347.78                     189,624,160.92
parent company
     Minority interests                                                   90,495,775.64                 106,810,900.88
Total owner’ s equity                                               256,286,123.42                     296,435,061.80
Total liabilities and owner’ s equity                              1,052,132,151.68                1,167,608,410.82


Legal Representative: Wang Wenkui

Person in charge of accounting works: Wang Huailin

Person in charge of accounting institute : Tang Yiqiao

2. Consolidated Profit Statement (from the year-begin to the period-end)

                                                                                                              Unit: Yuan
                     Item                                Current period                   Last period
I. Total operating income                                             682,848,879.98                    663,139,943.08
     Including: Operating income                                      682,848,879.98                    663,139,943.08



7
              Interest income
              Insurance gained
           Commission charge and
commission income
II. Total operating cost                        701,780,588.74   719,431,447.78
       Including: Operating cost                541,779,925.62   531,912,844.26
              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
              Tax and extras                      4,298,263.43     8,497,285.92
              Sales expense                      67,789,536.69    83,410,409.36
              Administrative expense             40,278,028.86    40,739,708.08
              R&D expense                        42,849,380.41    34,351,953.11
              Financial expense                   4,785,453.73    20,519,247.05
                Including: Interest
                                                  5,752,158.03    23,312,330.97
expenses
                              Interest income     1,448,601.91     3,394,170.15
       Add: other income                          1,748,662.79     7,928,748.71
           Investment income (Loss is
                                                         -1.19      -137,869.34
listed with “-”)
           Including: Investment income
                                                         -1.19      -137,869.34
on affiliated company and joint venture
               The termination of income
recognition for financial assets measured
by amortized cost (Loss is listed with “-”)
           Exchange income (Loss is
listed with “-”)
           Net exposure hedging income
(Loss is listed with “-”)
          Income from change of fair
value (Loss is listed with “-”)
           Loss of credit impairment
                                                 -2,400,921.21    -5,272,892.33
(Loss is listed with “-”)
           Losses of devaluation of asset
                                                                  -2,207,163.50
(Loss is listed with “-”)
           Income from assets disposal
                                                     70,437.79    10,958,898.88
(Loss is listed with “-”)
III. Operating profit (Loss is listed with
                                                -19,513,530.58   -45,021,782.28
“-”)
       Add: Non-operating income                     62,135.54     5,219,519.02
       Less: Non-operating expense                   96,377.76     1,282,274.78
IV. Total profit (Loss is listed with “-”)    -19,547,772.80   -41,084,538.04
       Less: Income tax expense                  10,025,199.83     4,818,276.07
V. Net profit (Net loss is listed with “-”)   -29,572,972.63   -45,902,814.11



8
    (i) Classify by business continuity
      1.continuous operating net profit
                                              -29,572,972.63   -45,902,814.11
(net loss listed with ‘-”)
      2.termination of net profit (net loss
listed with ‘-”)
    (ii) Classify by ownership
     1.Net profit attributable to owner’s
                                              -36,551,452.62   -60,046,888.26
of parent company
     2.Minority shareholders’ gains and
                                               6,978,479.99    14,144,074.15
losses
VI. Net after-tax of other comprehensive
                                                 969,869.51              0.15
income
   Net after-tax of other comprehensive
income attributable to owners of parent          969,869.51              0.14
company
     (i) Other comprehensive income
items which will not be reclassified
subsequently to profit of loss
             1.Changes of the defined
benefit plans that re-measured
             2.Other comprehensive
income under equity method that cannot
be transfer to gain/loss
            3.Change of fair value of
investment in other equity instrument
             4.Fair value change of
enterprise's credit risk
              5. Other
      (ii) Other comprehensive income
items which will be reclassified                 969,869.51              0.14
subsequently to profit or loss
             1.Other comprehensive
income under equity method that can
transfer to gain/loss
             2.Change of fair value of
other debt investment
              3.Amount of financial assets
re-classify to other comprehensive
income
             4.Credit impairment
provision for other debt investment
              5.Cash flow hedging reserve
              6.Translation differences
arising on translation of foreign currency       969,869.51              0.14
financial statements
              7.Other
   Net after-tax of other comprehensive
income attributable to minority                                          0.01
shareholders
VII. Total comprehensive income               -28,603,103.12   -45,902,813.96
      Total comprehensive income
                                              -35,581,583.11   -60,046,888.12
attributable to owners of parent Company
      Total comprehensive income
                                               6,978,479.99    14,144,074.16
attributable to minority shareholders
VIII. Earnings per share:



9
       (i) Basic earnings per share                                             -0.170                                       -0.279
       (ii) Diluted earnings per share                                          -0.170                                       -0.279
Enterprise combine under the same control in the Period, the combined party realized net profit of 0.00 Yuan before combination, and
realized 0.00 Yuan at last period for combined party

Legal Representative: Wang Wenkui

Person in charge of accounting works: Wang Huailin

Person in charge of accounting institute: Tang Yiqiao

3. Consolidated Cash Flow Statement (from the year-begin to the period-end)

                                                                                                                          Unit: Yuan
                    Item                                Current period                                 Last period
I. Cash flows arising from operating
activities:
     Cash received from selling
commodities and providing labor                                       700,171,752.46                                 837,308,408.63
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
   Cash received from interest,
commission charge and commission
       Net increase of capital borrowed
     Net increase of returned business
capital
     Net cash received by agents in sale
and purchase of securities
       Write-back of tax received                                         8,086,092.42                                 3,783,604.26
     Other cash received concerning
                                                                         18,618,561.49                                33,407,061.67
operating activities
Subtotal of cash inflow arising from
                                                                      726,876,406.37                                 874,499,074.56
operating activities
     Cash paid for purchasing
commodities and receiving labor                                       571,824,039.81                                 613,767,225.97
service
    Net increase of customer loans and
advances
    Net increase of deposits in central
bank and interbank
     Cash paid for original insurance
contract compensation
       Net increase of capital lent



10
     Cash paid for interest, commission
charge and commission
       Cash paid for bonus of guarantee
slip
       Cash paid to/for staff and workers   140,214,006.83    131,483,655.15
       Taxes paid                            37,683,472.47     34,698,634.15
     Other cash paid concerning
                                             82,522,138.47     70,240,767.91
operating activities
Subtotal of cash outflow arising from
                                            832,243,657.58    850,190,283.18
operating activities
Net cash flows arising from operating
                                            -105,367,251.21    24,308,791.38
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            31,890.00     23,424,811.00
assets
     Net cash received from disposal of
subsidiaries and other units
     Other cash received concerning
investing activities
Subtotal of cash inflow from investing
                                                 31,890.00     23,424,811.00
activities
     Cash paid for purchasing fixed,
                                               3,457,096.23     7,197,195.45
intangible and other long-term assets
       Cash paid for investment
       Net increase of mortgaged loans
     Net cash received from
                                                       1.00
subsidiaries and other units obtained
     Other cash paid concerning
investing activities
Subtotal of cash outflow from investing
                                               3,457,097.23     7,197,195.45
activities
Net cash flows arising from investing
                                              -3,425,207.23    16,227,615.55
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             157,500,000.00    172,737,283.33
     Other cash received concerning
financing activities
Subtotal of cash inflow from financing
                                            157,500,000.00    172,737,283.33
activities
       Cash paid for settling debts          82,287,630.90    220,222,119.03
      Cash paid for dividend and profit
                                             16,147,530.74     56,888,680.68
distributing or interest paying



11
     Including: Dividend and profit of
minority shareholder paid by                                                                                   38,316,995.00
subsidiaries
     Other cash paid concerning
                                                                           39,890,136.46                       43,730,065.17
financing activities
Subtotal of cash outflow from financing
                                                                       138,325,298.10                         320,840,864.88
activities
Net cash flows arising from financing
                                                                           19,174,701.90                     -148,103,581.55
activities
IV. Influence on cash and cash
equivalents due to fluctuation in                                            502,603.32                           225,461.14
exchange rate
V. Net increase of cash and cash
                                                                       -89,115,153.22                        -107,341,713.48
equivalents
     Add: Balance of cash and cash
                                                                       170,062,746.87                         208,783,866.60
equivalents at the period-begin
VI. Balance of cash and cash
                                                                           80,947,593.65                      101,442,153.12
equivalents at the period-end


(ii) Explanation on financial statement adjustment

1. Financial statement adjustment at the beginning of the first year when implementation of new leasing
standards from 2021

√ Applicable □ Not applicable
Whether to adjust the balance sheet account at the beginning of the year
√ Yes □ No
Consolidate balance sheet
                                                                                                                   Unit: Yuan
             Item                     December 31, 2020                     January 1, 2021          Adjustment amount
Current assets:
     Monetary fund                               209,849,710.96                     209,849,710.96
     Settlement provisions
     Capital lent
     Trading financial assets
     Derivative financial
assets
     Note receivable                              17,029,051.04                      17,029,051.04
     Account receivable                          493,992,403.49                     493,992,403.49
     Receivable financing                         32,594,702.60                      32,594,702.60
    Accounts paid in
                                                  19,616,348.65                      19,616,348.65
advance
     Insurance receivable
     Reinsurance receivables
     Contract reserve of
reinsurance receivable
     Other account
                                                  16,911,790.31                      16,911,790.31
receivable
       Including: Interest
receivable
        Dividend receivable
     Buying back the sale of
financial assets



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     Inventories                 199,641,972.32     199,641,972.32
     Contractual assets
     Assets held for sale
     Non-current asset due
within one year
     Other current assets         13,126,022.08      13,126,022.08
Total current assets            1,002,762,001.45   1,002,762,001.45
Non-current assets:
     Loans and payments on
behalf
     Debt investment
     Other debt investment
     Long-term account
receivable
     Long-term equity
                                  10,422,056.96      10,422,056.96
investment
     Investment in other
                                     741,953.00         741,953.00
equity instrument
     Other non-current
financial assets
     Investment real estate        4,267,013.35       4,267,013.35
     Fixed assets                100,158,063.58     100,158,063.58
     Construction in progress     22,454,792.27      22,454,792.27
     Productive biological
asset
     Oil and gas asset
     Right-of-use assets
     Intangible assets            21,261,119.40      21,261,119.40
    Expense on Research
and Development
     Goodwill
     Long-term expenses to
                                   5,541,410.81       5,541,410.81
be apportioned
     Deferred income tax
asset
     Other non-current asset
Total non-current asset          164,846,409.37     164,846,409.37
Total assets                    1,167,608,410.82   1,167,608,410.82
Current liabilities:
     Short-term loans             65,000,000.00      65,000,000.00
     Loan from central bank
     Capital borrowed
      Trading financial
liability
      Derivative financial
liability
     Note payable                 76,135,010.10      76,135,010.10
     Account payable             604,765,586.00     604,765,586.00
    Accounts received in
advance




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        Contractual liability          28,518,252.40    28,518,252.40
     Selling financial asset of
repurchase
     Absorbing deposit and
interbank deposit
    Security trading of
agency
     Security sales of agency
     Wage payable                      17,362,878.28    17,362,878.28
     Taxes payable                      8,707,248.67     8,707,248.67
     Other account payable             53,759,120.63    53,759,120.63
       Including: Interest
payable
         Dividend payable               4,044,213.38     4,044,213.38
   Commission charge and
commission payable
     Reinsurance payable
     Liability held for sale
    Non-current liabilities
                                        9,181,720.08     9,181,720.08
due within one year
     Other current liabilities          3,707,372.81     3,707,372.81
Total current liabilities             867,137,188.97   867,137,188.97
Non-current liabilities:
     Insurance contract
reserve
     Long-term loans
     Bonds payable
         Including: Preferred
stock
        Perpetual           capital
securities
     Lease liability
    Long-term account
                                        4,036,160.05     4,036,160.05
payable
    Long-term wages
payable
     Accrual liability
     Deferred income
      Deferred income tax
liabilities
      Other non-current
liabilities
Total non-current liabilities           4,036,160.05     4,036,160.05
Total liabilities                     871,173,349.02   871,173,349.02
Owner’s equity:
     Share capital                    215,000,000.00   215,000,000.00
     Other equity instrument
         Including: Preferred
stock
          Perpetual capital
securities



14
     Capital public reserve                     183,568,842.44     183,568,842.44
     Less: Inventory shares
    Other comprehensive
                                                  -6,853,931.65      -6,853,931.65
income
     Reasonable reserve
     Surplus public reserve                         589,559.77         589,559.77
     Provision of general risk
     Retained profit                           -202,680,309.64    -202,680,309.64
Total owner’ s equity
attributable to parent                          189,624,160.92     189,624,160.92
company
     Minority interests                         106,810,900.88     106,810,900.88
Total owner’ s equity                          296,435,061.80     296,435,061.80
Total liabilities and owner’ s
                                              1,167,608,410.82    1,167,608,410.82
equity
Statement of adjustment


2. Retrospective adjustment of the comparative data for initial implementation of new leasing standards
from 2021

□ Applicable √ Not applicable


(iii) Audit report

Whether the 3rd quarterly report has been audited or not
□Yes √ No
The 3rd quarterly report of the Company has not been audited.
                                                                                              Board of Directors of
                                                                        Nanjing Putian Telecommunications Co., Ltd.
                                                                                                  October 30, 2021




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