HARBIN BOSHI AUTOMATION CO., LTD. Interim Report for the Third Quarter 2024
HARBIN BOSHI AUTOMATION CO., LTD. Interim Report for
The Third Quarter 2024
The Company and whole members of the Board of Directors guarantee that the information disclosed
is factual, accurate and complete, and there is no false record, misleading statement or material
omission.
Important content reminder:
1.The Board of Directors, the Board of Supervisors as well as all the directors, supervisors and senior
managers of HARBIN BOSHI AUTOMATION CO., LTD. (hereinafter referred to as “the Company”)
warrant the factuality, accuracy and completeness of this Report and there is no false record,
misleading statement or material omission. And they will be severally and jointly liable for this Report.
2.The person in charge of the Company, the person in charge of accounting work of the Company, and
the person in charge of accounting department of the Company warrant that the financial information
in this Report is factual, accurate and complete.
3. Whether this Third Interim Report has been audited by auditing firm or not?
□Yes √No
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HARBIN BOSHI AUTOMATION CO., LTD. Interim Report for the Third Quarter 2024
I. Main financial data
1. Main accounting data and financial indicators
Indicate by check mark if there is any retrospectively restated accounting data of previous years.
□Yes √No
Increase/decrease in the Increase/decrease from
period compared with the year-begin to period-end
Current period Year-begin to period-end
same period of the previous compared with the same period
year of the previous year
Operating Revenue (RMB) 712,735,460.01 20.21% 2,164,678,881.70 9.20%
Net profit attributable to parent
company’s shareholders 183,508,513.17 85.12% 456,225,297.69 4.98%
(RMB)
Net profit after deducting
non-recurring
profit or loss attributable to 174,848,694.35 90.13% 431,574,091.35 7.40%
shareholders of the parent
company (RMB)
Net cash flow from operating
—— —— 447,884,786.41 8,352.29%
activities (RMB)
Basic earnings per share
0.1807 86.48% 0.4491 5.67%
(RMB /share)
Diluted earnings per share
0.1786 84.31% 0.4451 5.47%
(RMB /share)
Weighted average return on
5.11% 2.11% 12.69% -0.57%
equity
End of the current reporting Increase/decrease at the period-end compared with the end of
End of previous year
period the previous year
Total assets (RMB) 6,640,391,547.82 6,648,692,787.99 -0.12%
Total equity attributable to
shareholders of the parent 3,684,584,455.30 3,450,338,131.69 6.79%
company (RMB)
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HARBIN BOSHI AUTOMATION CO., LTD. Interim Report for the Third Quarter 2024
2. Non-recurring gains and losses
√ Applicable □Not applicable
Unit: RMB
Amount from year-begin to
Item Amount for the period Note
period-end
Profit or loss from disposal of non-current assets (including the
-13,088.68 -529,474.76
write-off of accrued for impairment of assets)
Governmental subsidy reckoned into current gains or losses (excluding
the subsidy enjoyed in quota or ration according to the national policy
5,151,150.54 11,968,245.48
regulations and certain standards, which are closely relevant to
enterprise’s business)
Except for effectively hedging business related to normal business
operations of financial Company, profit or loss arising from the
Income from cash
changes in the fair value of financial assets, financial liabilities by 7,581,359.62 19,755,992.30
management
non-financial enterprises, as well as investment income from the
disposal of financial assets and financial liabilities.
Other non-operating income and expenses other than the above -2,275,173.27 -2,215,179.74
Other gain/loss items that qualified the definition of non-recurring
103,049.27
profit (gains)/losses
Less: Impact on income tax 1,630,761.06 3,775,152.59
Impact on minority shareholders’ equity (after tax) 153,668.33 656,273.62
Total 8,659,818.82 24,651,206.34 --
Other gain/loss items that qualified the definition of non-recurring profit (gains)/losses:
√Applicable □Not applicable
Other gain/loss items that qualified the definition of non-recurring profit (gains)/losses: Income from
treasury reverse repos (cash management).
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”
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HARBIN BOSHI AUTOMATION CO., LTD. Interim Report for the Third Quarter 2024
defined as recurring gain/loss.
3. Particulars about changes in items of main accounting data and financial index and explanations of
reasons.
Sep 30,2024 Dec 31,2023
Consolidated Balance Sheet items Change Reasons for the changes
(RMB) (RMB)
Mainly due to the impact on cash management
Cash and cash equivalent 630,358,005.21 332,216,413.35 89.74%
activities.
Mainly due to the impact on cash management
Financial assets held for trading 1,133,752,754.06 802,248,744.33 41.32%
activities.
Mainly due to the impact on cash management
Other current assets 12,998,656.95 615,166,444.19 -97.89%
activities.
Part of the construction of robot and intelligent
Fixed assets 300,837,247.25 229,647,272.08 31.00% factory industrialization production project were
transferred to fixed assets in the current period.
Part of the construction of robot and intelligent
Construction in progress 47,565,640.43 74,985,542.78 -36.57% factory industrialization production project were
transferred to fixed assets in the current period.
Increases in long-term product quality guarantee
Other non-current assets 76,336,536.96 23,114,349.36 230.26% and the prepayment of real estate purchases for
industrial service business.
Increases in bank short-term borrowing by
Short-term loans 32,559,703.86 23,872,075.01 36.39%
subsidiary.
The year-end bonus of 2023 accrued at the end of
Employee benefits payable 21,232,277.48 76,649,155.81 -72.30% the previous period, which was paid at the
beginning of 2024, and the balance decreased.
Value-added tax payable and corporate income
Taxes payable 43,228,658.16 20,117,689.42 114.88%
tax payable increased at the end of the period.
Dividends payable by subsidiaries were actually
Other payables 16,470,259.32 30,001,942.32 -45.10%
paid during the period.
Dividends payable by subsidiaries were actually
Thereof: Dividend payable 4,900,000.00 24,500,000.00 -80.00%
paid during the period.
Due to the decrease in undue endorsed acceptance
Other current liabilities 112,863,753.01 163,555,006.18 -30.99%
bills, which were not terminated.
Increase in provision for product quality
Estimated liabilities 9,988,153.07 7,137,432.08 39.94%
guarantee accrued.
Deferred income 1,507,500.00 4,023,518.90 -62.53% This period was transferred to other income.
Mainly affected by the capital reserve formed by
Capital reserve 352,387,897.84 236,467,353.62 49.02%
the IPO capital stock premium of the associated
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HARBIN BOSHI AUTOMATION CO., LTD. Interim Report for the Third Quarter 2024
company Bloom Technology.
Treasury shares 100,134,294.12 8,865,506.80 1,029.48% Due to Company shares buy-back.
Mainly affected by changes in the fair value of
Other comprehensive income 29,584,845.31 22,252,223.39 32.95%
investments in other equity instruments.
Consolidated Income Statement items from Jan 1 to Sep 30,2024 Jan 1 to Sep 30, 2023
the beginning of the year to the end of the Change Reasons for the changes
reporting period (RMB) (RMB)
Joint influenced by interest expenses increased
Financial expenses 6,380,621.41 -490,595.60 1,400.59%
and interest expenses decreased.
Thereof : Interest expenses 10,917,471.91 8,342,075.54 30.87% Interest expenses increased year-on-year.
Interest income 6,141,233.15 9,006,178.08 -31.81% Interest income decreased year-on-year.
The value-added tax refund received from sales of
Other income 99,218,255.00 64,004,359.76 55.02% product with software and value-added input tax
additional deduction increased year-on-year.
The investment income accrued in associates
Investment income (loss is stated with “-”) 1,995,856.69 4,289,834.84 -53.47
decreased this period.
Thereof: Investment income from The investment income accrued in associates
-12,230,126.29 -9,363,612.21 -30.61%
associates and joint ventures decreased this period.
Gains from changes in fair value (loss is Mainly due to the impact on cash management
5,633,058.59 8,915,503.57 -36.82%
stated with “-”) activities.
Credit impairment losses (loss is stated Due to the impact on the provision for bad debts
-19,172,394.44 -28,508,702.98 -32.75%
with “-”) accrued increased.
Consolidated Cash Flow Statement items Jan 1 to Sep 30,2024 Jan 1 to Sep 30, 2023
from the beginning of the year to the end of Change Reasons for the changes
the reporting period (RMB) (RMB)
Jointly affected by the increase in cash received
Net cash flows from operating activities 447,884,786.41 -5,427,399.95 8,352.29% from customer and the decrease in operating
payments.
Mainly due to the impact on cash management
Net cash flows from investing activities 201,484,742.31 -184,260,513.13 209.35%
activities.
Mainly due to the joint influence of the share
Net cash flows from financing activities -353,912,447.77 -279,519,211.45 -26.61% buy-back and the increase in cash dividends
actually paid by subsidiaries this period.
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HARBIN BOSHI AUTOMATION CO., LTD. Interim Report for the Third Quarter 2024
II. Shareholders Information
1. Total number of common shareholders and preference shareholders with voting rights recovered
and top ten common shareholders
Unit: Share
Total preference
Total number of shareholders of common shareholders with voting
32,422 0
stocks at the end of the reporting period rights recovered at end of
reporting period
Top 10 shareholders(Excluding shares lent in refinancing)
Amount of Pledged, marked, or
Amount of shares
Name Nature Ownership restricted shares frozen stocks
held
held Status Amount
Unicom-Xinwo Venture Capital Management
(Shanghai) Co., Ltd. - Lianchuang Weilai
Others 14.20% 145,176,676 Not applicable
(Wuhan) Intelligent Manufacturing Industrial
Investment Partnership (Limited Partnership)
Deng Xijun Domestic natural person 9.41% 96,181,562 72,136,172 Not applicable
Zhang Yuchun Domestic natural person 8.09% 82,696,357 62,022,268 Not applicable
Wang Chungang Domestic natural person 5.61% 57,394,047 43,045,535 Not applicable
Cai Zhihong Domestic natural person 4.96% 50,677,029 Not applicable
Cai Hegao Domestic natural person 4.89% 50,000,000 Not applicable
Harbin Institute of Technology Asset Domestic state-owned
3.00% 30,678,500 Not applicable
Management Co. Ltd corporate
Cheng Fang Domestic natural person 1.52% 15,538,896 Not applicable
Tan Jianxun Domestic natural person 1.31% 13,443,938 Not applicable
Liu Meixia Domestic natural person 1.04% 10,639,500 Not applicable
Top 10 shareholders with unrestricted shares held(Excluding shares lent in refinancing and executive lock-in shares)
Type and amount of shares
Name Amount of unrestricted shares held
Type Amount
Unicom-Xinwo Venture Capital Management
(Shanghai) Co., Ltd - Lianchuang Weilai
145,176,676 RMB ordinary shares 145,176,676
(Wuhan) Intelligent Manufacturing Industrial
Investment Partnership (Limited Partnership)
Cai Zhihong 50,677,029 RMB ordinary shares 50,677,029
Cai Hegao 50,000,000 RMB ordinary shares 50,000,000
Harbin Institute of Technology Asset
30,678,500 RMB ordinary shares 30,678,500
Management Co. Ltd
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HARBIN BOSHI AUTOMATION CO., LTD. Interim Report for the Third Quarter 2024
Deng Xijun 24,045,390 RMB ordinary shares 24,045,390
Zhang Yuchun 20,674,089 RMB ordinary shares 20,674,089
Cheng Fang 15,538,896 RMB ordinary shares 15,538,896
Wang Chungang 14,348,512 RMB ordinary shares 14,348,512
Tan Jianxun 13,443,938 RMB ordinary shares 13,443,938
Liu Meixia 10,639,500 RMB ordinary shares 10,639,500
Shareholders holding more than 5% of the shares, the top 10 shareholders, and the top 10 shareholders of
unrestricted tradable shares participate in the lending of shares in the refinancing business.
□Applicable √Not applicable
The top 10 shareholders and the top 10 shareholders of unrestricted tradable shares have changed compared
with the previous period due to the refinancing, lending/repayment.
□Applicable √Not applicable
2.The total number of preferred shareholders and the top 10 preferred shareholders’ shareholdings of
the Company
□Applicable √Not applicable
III. Other Significant Events
The Company held the 11th meeting of the fifth Board of Directors and the eighth meeting of the fifth Board
of Supervisors on September 11th, 2024, to consider and pass the Motion on the Company’s 2024 Employee
Stock Ownership Plan (Draft) and Its Summary, which has been considered and passed by the first
Extraordinary General Meeting of 2024 held on September 23rd, 2024. On October 15th, 2024, the
non-trading transfer of the employee stock ownership plan was completed. For details, please refer to the
relevant announcements disclosed by the Company in the Securities Times and cninfo.com.cn.
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HARBIN BOSHI AUTOMATION CO., LTD. Interim Report for the Third Quarter 2024
IV. Quarterly Financial Statements
1. Financial statements
(1)Consolidated Balance Sheet
Prepared by HARBIN BOSHI AUTOMATION CO., LTD.
Sep 30, 2024 Unit: RMB
Item Sep 30,2024 Jan 1, 2024
Current assets:
Cash and cash equivalent 630,358,005.21 332,216,413.35
Financial assets held for trading 1,133,752,754.06 802,248,744.33
Derivative financial assets
Notes receivable 224,388,498.07 273,519,045.87
Accounts receivable 1,093,247,789.62 1,004,337,478.08
Financing receivable 70,147,840.84 72,533,260.37
Advance payment 89,838,724.31 77,455,740.98
Other receivables 27,418,977.01 30,774,548.13
Thereof: Interest receivable
Dividend receivable 2,600,701.32 2,601,281.28
Inventories 2,115,260,350.45 2,405,309,228.52
Contract assets 138,426,111.81 119,436,138.29
Assets held for sale
Non-current assets due within one year 4,435,252.44 4,434,380.89
Other current assets 12,998,656.95 615,166,444.19
Total current assets 5,540,272,960.77 5,737,431,423.00
Non-current assets:
Debt investments
Other debt investments
Long-term receivable 16,713,771.56 16,425,314.82
Long-term equity investment 491,258,220.35 404,005,942.77
Investment in other equity instruments 61,574,626.74 55,443,728.57
Other non-current financial assets
Investment real estate 11,247,016.00 11,771,642.38
Fixed assets 300,837,247.25 229,647,272.08
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HARBIN BOSHI AUTOMATION CO., LTD. Interim Report for the Third Quarter 2024
Construction in progress 47,565,640.43 74,985,542.78
Productive biological assets
Oil and gas assets
Right-of-use assets 4,375,745.50 4,912,571.51
Intangible assets 50,464,802.16 53,974,953.86
Development expenditure
Goodwill 401,878.10 401,878.10
Long-term deferred expenses 291,685.75 106,486.62
Deferred income tax assets 39,051,416.25 36,471,682.14
Other non-current assets 76,336,536.96 23,114,349.36
Total non-current assets 1,100,118,587.05 911,261,364.99
Total assets 6,640,391,547.82 6,648,692,787.99
Current liabilities:
Short-term loans 32,559,703.86 23,872,075.01
Financial liabilities held for trading
Derivative financial liabilities
Notes payable
Accounts payable 259,663,320.50 337,812,103.72
Advance from customers 193,500.00 96,750.00
Contract liabilities 1,644,416,795.35 1,763,411,436.97
Employee benefits payable 21,232,277.48 76,649,155.81
Taxes payable 43,228,658.16 20,117,689.42
Other payables 16,470,259.32 30,001,942.32
Thereof: Interest payable
Dividend payable 4,900,000.00 24,500,000.00
Liabilities held for sale
Non-current liabilities due within one year 1,989,200.90 2,470,313.79
Other current liabilities 112,863,753.01 163,555,006.18
Total current liabilities 2,132,617,468.58 2,417,986,473.22
Non-current liabilities:
Long-term loans
Bonds payable 443,931,059.04 431,953,084.05
Thereof: Preferred stock
Perpetual debt
Lease liabilities 810,440.86 1,374,283.98
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HARBIN BOSHI AUTOMATION CO., LTD. Interim Report for the Third Quarter 2024
Long-term payables
Long-term employee benefits payable
Estimated liabilities 9,988,153.07 7,137,432.08
Deferred income 1,507,500.00 4,023,518.90
Deferred income tax liability 16,639,692.46 16,429,627.86
Other non-current liabilities 190,068,117.16 172,145,404.60
Total non-current liabilities 662,944,962.59 633,063,351.47
Total Liabilities 2,795,562,431.17 3,051,049,824.69
Shareholders' equity:
Share capital 1,022,558,657.00 1,022,556,602.00
Other equity instruments 32,093,784.17 32,096,067.08
Thereof: Preferred stock
Perpetual debt
Capital reserve 352,387,897.84 236,467,353.62
Minus: treasury shares 100,134,294.12 8,865,506.80
Other comprehensive income 29,584,845.31 22,252,223.39
Special reserve 28,758,771.01 28,883,002.75
Surplus reserve 355,000,124.41 355,000,124.41
General risk reserve
Retained earnings 1,964,334,669.68 1,761,948,265.24
Total equity attributable to shareholders of parent
3,684,584,455.30 3,450,338,131.69
company
Minority shareholder equity 160,244,661.35 147,304,831.61
Total shareholders' equity 3,844,829,116.65 3,597,642,963.30
Total liabilities and shareholders' equity 6,640,391,547.82 6,648,692,787.99
Legal representative: Deng Xijun Director of Finance: Sun Zhiqiang Prepared by: Wang Peihua
(2)Consolidated Income Statement (from the year-begin to the period-end)
Unit: RMB
Item Current period Last period
1. Total revenue 2,164,678,881.70 1,982,264,381.09
Thereof : Operating revenue 2,164,678,881.70 1,982,264,381.09
2. Total cost 1,696,584,007.99 1,502,853,525.07
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HARBIN BOSHI AUTOMATION CO., LTD. Interim Report for the Third Quarter 2024
Thereof: Cost of sales 1,412,446,988.30 1,233,296,151.56
Taxes and surcharges 15,073,215.88 12,204,221.24
Selling expenses 109,186,176.85 85,229,051.95
General and administrative expenses 70,405,753.18 64,034,974.28
Research and development expenses 83,091,252.37 108,579,721.64
Financial expenses 6,380,621.41 -490,595.60
Thereof : Interest expenses 10,917,471.91 8,342,075.54
Interest income 6,141,233.15 9,006,178.08
Add: Other income 99,218,255.00 64,004,359.76
Investment income (loss is stated with “-”) 1,995,856.69 4,289,834.84
Thereof: Investment income from associates and joint
-12,230,126.29 -9,363,612.21
ventures
Gain from the derecognition of the financial assets measured
at amortized cost
Exchange income (Loss is listed with “-”)
Net exposure hedging gains ("-" for losses)
Gains from changes in fair value (loss is stated with “-”) 5,633,058.59 8,915,503.57
Credit impairment losses (loss is stated with “-”) -19,172,394.44 -28,508,702.98
Asset impairment losses (loss is stated with “-”) -8,035,852.42 -7,918,363.38
Gains from disposal of assets (loss is stated with “-”) -529,474.76 -8,374.20
3. Operating profit (loss is stated with “-”) 547,204,322.37 520,185,113.63
Add: Non-operating income 119,033.81 6,878,543.11
Less: Non-operating expenses 2,334,213.55 2,438,608.30
4. Total profit (loss is stated with “-”) 544,989,142.63 524,625,048.44
Less: Income tax expenses 70,062,405.24 65,535,949.00
5. Net profit (loss is stated with “-”) 474,926,737.39 459,089,099.44
(1) Classified by continuity of operations
Net profit from continuing operations(loss is stated with “-”) 474,926,737.39 459,089,099.44
Net profit from discontinued operations(loss is stated with “-”)
(2) Classified by ownership of the equity
Attributable to shareholders of the Parent Company 456,225,297.69 434,596,978.99
Minority interests 18,701,439.70 24,492,120.45
6. Other comprehensive income, net of tax 7,332,621.92 3,223,150.31
Other comprehensive income attributable to shareholders of the
7,332,621.92 3,223,150.31
Parent Company, net of tax
(1) Other comprehensive income items which will not be 7,378,686.01 3,064,823.12
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HARBIN BOSHI AUTOMATION CO., LTD. Interim Report for the Third Quarter 2024
reclassified subsequently to profit or loss
1) Changes arising from re-measurement of defined benefit
plan
2) Other comprehensive income that will not be transferred
subsequently to profit or loss under the equity method
3) Changes in the fair value of the investment in other
7,378,686.01 3,064,823.12
equity instruments
4)Changes in the fair value of the Company’s own credit
risk
5)Others
(2) Other comprehensive income items which will be reclassified
-46,064.09 158,327.19
subsequently to profit or loss
1) Other comprehensive income that will be transferred
-46,064.09 158,327.19
subsequently to profit or loss under the equity method
2)Changes in the fair value of other debt investments
3)Amount of financial assets reclassified and included in
other comprehensive income
4) Credit impairment reserves for other debt investment
5) Cash flow hedging reserve
6) Translation differences arising from translation of
foreign currency financial statements
7)Others
Other comprehensive income attributable to minority shareholders,
net of tax
7. Total comprehensive income 482,259,359.31 462,312,249.75
Attributable to shareholders of the Parent Company 463,557,919.61 437,820,129.30
Minority interests 18,701,439.70 24,492,120.45
8. Earnings per share
(1) Basic earnings per share 0.4491 0.4250
(2) Diluted earnings per share 0.4451 0.4220
Legal representative: Deng Xijun Director of Finance: Sun Zhiqiang Prepared by: Wang Peihua
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HARBIN BOSHI AUTOMATION CO., LTD. Interim Report for the Third Quarter 2024
(3)Consolidated Cash Flow Statement (from the year-begin to the period-end)
Unit: RMB
Item Current period Last period
1. Cash flows from operating activities
Cash received from sales of goods or rendering of services 1,858,228,904.96 1,703,590,738.01
Refund of taxes and surcharges 68,307,102.17 63,464,496.91
Other cash receipts relating to operating activities 20,304,134.78 21,903,956.89
Sub-total of cash inflows from operating activities 1,946,840,141.91 1,788,959,191.81
Cash paid for goods and services 806,474,756.19 1,073,881,310.04
Cash paid to employees and paid on behalf of employees 428,384,700.63 387,631,625.11
Payments of taxes and surcharges 159,292,087.67 208,747,338.47
Other cash payments relating to operating activities 104,803,811.01 124,126,318.14
Sub-total of cash outflows from operating activities 1,498,955,355.50 1,794,386,591.76
Net cash flows from operating activities 447,884,786.41 -5,427,399.95
2. Cash flows from investing activities
Cash received from withdrawing investments 5,235,825,280.00 3,968,708,440.38
Cash received from investment income 40,667,719.80 23,357,432.93
Net cash received from disposal of fixed assets, intangible assets and
385,291.70 92,495.56
other long term assets
Net cash received from disposal of subsidiaries and other operating
units
Other cash receipts relating to investing activities 163,265.00 653,071.00
Sub-total of cash inflows from investing activities 5,277,041,556.50 3,992,811,439.87
Cash paid to acquire fixed assets, intangible assets and other
81,279,655.69 84,038,953.00
long-term assets
Cash paid to acquire investments 4,993,663,330.00 4,093,013,000.00
Net increase of mortgaged loans
Net cash paid to acquire subsidiaries and other operating units
Other cash payments relating to investing activities 613,828.50 20,000.00
Sub-total of cash outflows from investing activities 5,075,556,814.19 4,177,071,953.00
Net cash flows from investing activities 201,484,742.31 -184,260,513.13
3. Cash flows from financing activities
Cash received from capital contributions 885,000.00 1,590,000.00
Thereof: Cash received by subsidiaries from minority shareholders’
885,000.00 1,590,000.00
capital contributions
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HARBIN BOSHI AUTOMATION CO., LTD. Interim Report for the Third Quarter 2024
Cash received from borrowings 34,858,278.57 17,930,000.00
Other cash receipts from financing activities 1,215,000.00
Sub-total of cash inflows from financing activities 36,958,278.57 19,520,000.00
Cash repayments of borrowings 19,000,000.00 24,260,000.00
Distribution of dividends or profits and payments for interest
277,919,266.56 257,440,719.33
expenses
Thereof: Cash payments for dividends or profit to minority
21,192,500.00
shareholders by subsidiaries
Other cash payments relating to financing activities 93,951,459.78 17,338,492.12
Sub-total of cash outflows from financing activities 390,870,726.34 299,039,211.45
Net cash flows from financing activities -353,912,447.77 -279,519,211.45
4. Effect of foreign exchange rate changes on cash and cash equivalents -24,881.08 921,209.91
5. Net increase in cash and cash equivalents 295,432,199.87 -468,285,914.62
Add: Cash and cash equivalents at the beginning of period 330,325,705.08 656,593,226.15
6. Cash and cash equivalents at the end of period 625,757,904.95 188,307,311.53
2. Adjustments to financial report at the beginning of the year relating to the initial adoption of the
new accounting standards since 2024.
□Applicable √Not applicable
3. Auditor’s report
Whether this Third Interim Report has been audited by auditing firm or not?
□Yes √No
The Third Interim Report has not been audited by auditing firm.
Board of Directors
HARBIN BOSHI AUTOMATION CO., LTD.
October 30th, 2024
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