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 12 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 13 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 15