Foshan Electrical and Lighting Co., Ltd. Third Quarter Report 2016 FOSHAN ELECTRICAL AND LIGHTING CO., LTD. THIRD QUARTER REPORT 2016
October 2016
Foshan Electrical and Lighting Co., Ltd. Third Quarter Report 2016 Section I Important Statements
The board of directors (the “Board”), the board of supervisors (the “Board of Supervisors”) as well as the directors, supervisors and senior management of Foshan Electrical and Lighting Co., Ltd. (the “Company”) hereby guarantee the factuality, accuracy and completeness of the contents of this Report, and shall be jointly and severally liable for any false representation, misleading statements or material omissions in this Report.
All the directors attended the board meeting for the review of this Report.
He Yong, head of the Company, Liu Xingming, accounting head for this Report, and Tang Qionglan, head of the accounting organ (head of accounting), hereby guarantee that the financial statements carried in this Report are factual, accurate and complete.
Foshan Electrical and Lighting Co., Ltd. Third Quarter Report 2016 Section II Financial Highlights& Shareholder Changes
I Highlights of accounting data and financial indicators
Whether the Company performs any retroactive adjustments to or restatements of its accounting data of last year due to change in accounting policies or correction of accounting errors
□ Yes√ No
||||||||
|-|-|-|-|-|-|-|
||30 September 2016||31 December 2015||+/- (%)||
|Total assets (RMB)|6,153,358,060.97||6,048,296,432.78||1.74%||
|Net assets attributable to|5,033,254,689.85||5,023,546,888.12||||
|shareholders of the Company|||||0.19%||
|(RMB)|||||||
|||||January-September|||
||July-September 2016|YoY +/- (%)||||YoY +/- (%)|
|||||2016|||
|Operating revenues (RMB)|819,510,785.90|15.73%||2,575,181,713.34||15.35%|
|Net profit attributable to|73,179,107.88|||280,104,920.60|||
|shareholders of the Company||372.81%||||281.43%|
|(RMB)|||||||
|Net profit attributable to|||||||
|shareholders of the Company|73,405,588.72|98.23%||280,042,682.40||117.35%|
|excluding exceptional profit and|||||||
|loss (RMB)|||||||
|Net cash flows from operating||||324,048,913.00|||
||--|--||||120.18%|
|activities (RMB)|||||||
|Basic earnings per share|0.0575|||0.2202|||
|||372.51%||||281.63%|
|(RMB/share)|||||||
|Diluted earnings per share|0.0575|||0.2202|||
|||372.51%||||281.63%|
|(RMB/share)|||||||
|Weighted average return on equity|||||||
||1.49%|1.91%||5.53%||2.54%|
|(%)|||||||

Exceptional profit and loss
√ Applicable□ Not applicable
Unit: RMB
||||
|-|-|-|
|Item|January-September 2016|Note|
|Profit/loss on disposal of non-current assets (including offset asset|||
||-978,864.75||
|impairment provisions)|||
|Government grants charged to the profit/loss for the period|116,249.94||

Foshan Electrical and Lighting Co., Ltd. Third Quarter Report 2016
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|-|-|-|
|(except for the government grants closely related to the business|||
|of the Company and given at a fixed quota or amount in|||
|accordance with nationally uniform standards)|||
|Profit/loss on entrusting others with investments or asset|||
||5,047,341.27||
|management|||
|Profit/loss on fair value changes of transactional financial assets|||
|and liabilities & investment income from disposal of transactional|||
|financial assets and liabilities as well as financial assets available|-63,271.62||
|for sale, except for effective hedges related to normal business|||
|operations of the Company|||
|Non-operating revenue and expense other than the above|-4,423,795.41||
|Less: Corporate income tax|166,144.74||
|Minority interests (after tax)|-530,723.51||
|Total|62,238.20|--|

Explanation of why the Company classified an item as exceptional profit/loss according to the definition in the Explanatory Announcement No. 1 on Information Disclosure for Companies Offering Their Securities to thePublic—Exceptional Profit and Loss, or reclassified any exceptional profit/loss item given as an example in the said explanatory announcement to recurrent profit/loss
□ Applicable√ Not applicable
No such cases in the Reporting Period.
II Total number of shareholders and shareholdings of top 10 shareholders at the period-end 1. Total number of ordinary shareholders and preference shareholders who had resumed their voting right& shareholdings of top 10 shareholders at the period-end
Unit: share
||||||||||
|-|-|-|-|-|-|-|-|-|
||||||Total number of preference||||
|Total number of ordinary|||||shareholders who had||||
|shareholders at the end of the||81,720|||resumed their voting right at||0||
|Reporting Period|||||the end of the Reporting||||
||||||Period (if any)||||
|Shareholdings of top 10 shareholders|||||||||
|||||||Number of|Pledged or frozen shares||
|Name of|Nature of||Shareholding|Number of|||||
|||||||restricted shares|||
|shareholder|shareholder||percentage|shares held|||Status|Number|
|||||||held|||
|Hong Kong WahShing HoldingCompany Limited|Foreigncorporation||13.47%|171,360,391|||||
||||||||Pledged|83,966,592|
|Prosperity Lamps &Components|Foreign||10.50%|133,577,143|||||

Foshan Electrical and Lighting Co., Ltd. Third Quarter Report 2016
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|-|-|-|-|-|-|-|-|
|Limited|corporation|||||||
|GuangdongElectronicsInformationIndustry Group Ltd.|State-ownedcorporation||4.74%|60,357,728||||
|||||||Pledged|29,575,287|
|Shenzhen RisingInvestmentDevelopment Co.,Ltd.|State-ownedcorporation||4.52%|57,539,671||||
|Central Huijin AssetManagement Co.,Ltd.|State-ownedcorporation||2.42%|30,799,000||||
|EssenceInternationalSecurities (HongKong) Co., Ltd.|Foreigncorporation||1.88%|23,939,858||||
|DBS Vickers (HongKong) Ltd A/CClients|Foreigncorporation||1.85%|23,555,755||||
|Hong Kong RisingInvestmentDevelopment Co.,Ltd.|Foreigncorporation||1.82%|23,165,684||||
|National SocialSecurity FundPortfolio 113|Other||1.25%|15,903,957||||
|New China LifeInsurance Co.,Ltd.-Conventional-Common InsuranceProduct-018L-CT001-Shenzhen|Other||0.86%|10,918,992||||
|Shareholdings of top 10 non-restricted shareholders||||||||
||||||Type of shares|||
|Name of shareholder||Number of non-restricted shares held at the period-end||||||
||||||Type||Number|
|Hong Kong Wah Shing HoldingCompany Limited||171,360,391|||RMB ordinary|||
||||||||171,360,391|
||||||share|||
|Prosperity Lamps & ComponentsLimited||133,577,143|||RMB ordinary|||
||||||||133,577,143|
||||||share|||
|Guangdong Electronics Information||60,357,728|||RMB ordinary||60,357,728|

Foshan Electrical and Lighting Co., Ltd. Third Quarter Report 2016
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|-|-|-|-|
|Industry Group Ltd.||share||
|Shenzhen Rising InvestmentDevelopment Co., Ltd.|57,539,671|RMB ordinary||
||||57,539,671|
|||share||
|Central Huijin Asset ManagementCo., Ltd.|30,799,000|RMB ordinary||
||||30,799,000|
|||share||
|Essence International Securities(Hong Kong) Co., Ltd.|23,939,858|Domestically||
|||listed foreign|23,939,858|
|||share||
|DBS Vickers (Hong Kong) Ltd A/CClients|23,555,755|Domestically||
|||listed foreign|23,555,755|
|||share||
|Hong Kong Rising InvestmentDevelopment Co., Ltd.|23,165,684|Domestically||
|||listed foreign|23,165,684|
|||share||
|National Social Security FundPortfolio 113|15,903,957|RMB ordinary||
||||15,903,957|
|||share||
|New China Life Insurance Co.,Ltd.-Conventional-CommonInsuranceProduct-018L-CT001-Shenzhen|10,918,992|||
|||RMB ordinary||
||||10,918,992|
|||share||
||Among the top ten shareholders of the Company, Hong Kong Wah Shing Holding Company|||
||Limited, Guangdong Electronics Information Industry Group Ltd., Shenzhen Rising|||
|Related or act-in-concert parties|Investment Development Co., Ltd. and Hong Kong Rising Investment Development Co., Ltd.|||
|among the shareholders above|are act-in-concert parties. Apart from that, it is unknown whether there is among the top ten|||
||shareholders any other related parties or act-in-concert parties as defined in the|||
||Administrative Measures for the Acquisition of Listed Companies.|||
|Top 10 ordinary shareholders||||
|conducting securities margin trading|N/A|||
|(if any)||||

Did any of the top 10 ordinary shareholders or the top 10 non-restricted ordinary shareholders of the Company conduct any promissory repo during the Reporting Period?
□ Yea√ No
No such cases in the Reporting Period.
2. Total number of preference shareholders and shareholdings of the top 10 of them at the period-end□ Applicable√ Not applicable
Foshan Electrical and Lighting Co., Ltd. Third Quarter Report 2016 Section III Significant Events
I Changes in main accounting statement items and financial indicators in the Reporting Period, as well as reasons for the changes
√ Applicable□ Not applicable
Unit: RMB
||||||
|-|-|-|-|-|
|Statement item|Closing amount (oramount for thecurrent period)|Opening amount (oramount for the sameperiod of last year)|+/- (%)|Main reason for change|
|Monetary funds|644,918,147.43|935,241,205.20|-31.04%|Purchase of more bank’s wealthmanagement products|
|Financial assets at fairvalue throughprofit/loss|0.00|51,600.00|-100.00%|Securities sold|
|Notes receivable|95,448,285.94|202,669,316.48|-52.90%|Decrease in trade acceptance received|
|Accounts receivable|695,807,188.07|366,401,130.72|89.90%|Decrease in trade acceptance received|
|Accounts paid inadvance|15,583,761.40|6,858,950.41|127.20%|Increase in advances to sellers|
|Interest receivable|8,253,893.79|3,022,646.23|173.07%|Increase in interest on term depositsprovided for|
|Other current assets|443,220,985.68|91,060,842.89|386.73%|Purchase of more bank’s wealthmanagement products|
|Long-term equityinvestments|180,356,427.84|382,637.52|47035.06%|Acquisition of equity interests ofPrimatronix (Nanho) Electronics Ltd.|
|Construction inprogress|79,433,148.95|32,488,518.68|144.50%|Increase in construction in progress|
|Long-term deferredexpenses|0.00|406,425.35|-100.00%|Exclusion of subsidiary’s assets from theconsolidated financial statements due tobankruptcy and liquidation|
|Accounts received inadvance|42,770,580.21|71,531,790.37|-40.21%|Settlement of some accounts received inadvance|
|Taxes and farespayable|33,051,655.69|12,969,090.31|154.85%|Increase in taxes payable|
|Other current liabilities|32,000,000.00|0.00||Increase in other current liabilities|
|Retained earnings|877,864,641.15|613,661,381.40|43.05%|Increase in profit|
|Finance costs|-12,127,352.31|-20,044,328.31|39.50%|Decrease in exchange gains|
|Asset impairment loss|25,092,418.46|45,970,647.57|-45.42%|Decrease in bad-debt provisions for|

Foshan Electrical and Lighting Co., Ltd. Third Quarter Report 2016
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|-|-|-|-|-|
|||||accounts receivable|
|Profit on fair valuechanges|0.00|393,590.00|-100.00%|Decrease in transactional financial assets|
|Non-operating revenue|1,805,821.67|3,656,043.70|-50.61%|Decrease in government-funded interestdiscount|
|Non-operating expense|7,092,231.89|96,557,359.72|-92.65%|Decrease in lawsuit compensations|
|Corporate income tax|58,506,429.76|41,463,602.07|41.10%|Increase in total profit|
|Profit/loss on fairvalue changes ofavailable-for-salefinancial assets|-255,315,043.41|1,662,302,677.06|-115.36%|Sharp fluctuations of the price of theGuoxuan High-tech stock in May 2015before going public|
|Net cash flows fromoperating activities|324,048,913.00|147,174,253.40|120.18%|Increase in sales revenue|
|Net cash flows frominvesting activities|-605,074,904.70|-105,211,470.03|-475.10%|Purchase of more bank’s wealthmanagement products|
|Net cash flows fromfinancing activities|-15,935,708.57|-215,284,023.90|92.60%|Decrease in dividends|

II Progress on significant events, as well as the influence and solutions
√ Applicable□ Not applicable
1. In March 2013, CSRC Guangdong administered an administrative punishment on the illegal information disclosure of the Company. During the period from September 2013 to May 2016, a total of 2,767 plaintiffs separately sued the Company to Guangzhou IntermediatePeople’s Court for false securities statements, demanding civil compensations of RMB386.845 million and HKD1.328 million in total from the Company for its illegal information disclosure. From November 2014 to October 2016, Guangzhou IntermediatePeople’s Court made judgments for the aforesaid 2,767 cases, ruling the Company to compensate the 2,767 plaintiffs with a total of RMB182.7365 million and HKD7.3582 million and bear the legal fare of RMB3.2332 million. On 29 September 2016, Guangdong HigherPeople’s Court ruled on an appeal that the Company should make a compensation of RMB67,100 to the appellant and bear the court acceptance fees of RMB2,800 for the first and second trials. Currently, except for 30 appealing plaintiffs (RMB1.2315 million involved) are not sentenced, all the other plaintiffs have judgmented. Up to 24 October 2016, the Company has made a total compensation of RMB 190.1648 million (legal fares inclusive) to 2717 plaintiffs (excluding the 49 rejected plaintiffs). These cases of false securities statements had an influence of RMB61.4383 million on the total profits of the Company in 2014
and RMB131.8899 million on that in 2015, and expectedly have no significant influence on the financial position
of the Company for 2016.
Foshan Electrical and Lighting Co., Ltd. Third Quarter Report 2016 2. In April 2016, Suzhou Mont Lighting Co., Ltd. (Suzhou Mont), one of our controlled subsidiaries, was sued by its creditor Suzhou LiftAll Electronics Co., Ltd. in thePeople’s Court of Suzhou Industrial Park, requesting the Court to carry out bankruptcy liquidation on Suzhou Mont. The Court has ruled in favor of the plaintiff and appointed Jiangsu Yingyuan Law Firm as the custodian of Suzhou Mont. We have an investment of RMB24.36 million in Suzhou Mont, as well ascreditor’s rights of RMB14.1873 million (not yet judicially confirmed), totaling RMB38.5473 million. We had provided in full for the impairment of the said assets in 2015. Therefore, the bankruptcy and liquidation of Suzhou Mont is expected to have no significant impact on our business results of 2016 (for details, see our Announcement on Applied Bankruptcy and Liquidation for Controlled Subsidiary Suzhou Mont Lighting Co., Ltd., Announcement on Court Acceptance of ControlledSubsidiary’s Bankruptcy and Liquidation, Progress Announcement on ControlledSubsidiary’s Bankruptcy and Liquidation disclosed on www.cninfo.com.cn dated 19 April 2016, 10 May 2016 and 4 June 2016 respectively).
3. On 23 August 2016, the First Special General Meeting in 2016 of the Company was convened, at which the Proposal on Authorization for Reducing Some Guoxuan High-tech Shares in Proper Timing was considered and approved. As such, the General Meeting has agreed to authorize the management to, from the date of approval by the General Meeting to 31 December 2016, legally reduce in proper timing through bulk trading or centralized bidding Guoxuan High-tech shares not exceeding 36,500,000 (adjusted according to the capital stock change ratio if Guoxuan High-tech conducts any bonus share, conversion of capital reserves into capital stock or any other changes in the capital stock during the said period), with the reduction price to be determined at the market price at the time of reduction. Up to the disclosure date of this Report, the Company has not yet conducted any reduction.
III Commitments of the Company, its shareholders, actual controller, acquirer, directors, supervisors, senior management or other related parties fulfilled in the Reporting Period or ongoing at the period-end
√ Applicable□ Not applicable
||||||||
|-|-|-|-|-|-|-|
|||||Date of|||
||Commitment|Type of|||Term of||
|Commitment|||Contents|commitment||Fulfillment|
||maker|commitment|||commitment||
|||||making|||
||||Electronics Group and its||||
|Commitments made in|||||||
||||act-in-concert parties Shenzhen||||
|acquisition documents|Controlling|About share||||In|
||||Rising Investment and Hong|2015-12-04|12 months||
|or shareholding|shareholder|lock-up||||execution|
||||Kong Rising Investment have||||
|alteration documents|||||||
||||made a commitment that within||||

Foshan Electrical and Lighting Co., Ltd. Third Quarter Report 2016
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|-|-|-|-|-|-|
|||12 months from the completion||||
|||of their acquisitions, they shall||||
|||not transfer or entrust others to||||
|||manage the shares directly or||||
|||indirectly held by them in the||||
|||Company, nor shall they allow||||
|||the Company to repurchase||||
|||those shares, except for the case||||
|||where those shares may be||||
|||transferred for no compensation||||
|||due to any business or asset||||
|||integration with their actual||||
|||controller or their actual||||
|||controller’s controlled||||
|||subsidiaries.||||
|||Electronics Group and its||||
|||act-in-concert parties Shenzhen||||
|||Rising Investment and Hong||||
|||Kong Rising Investment have||||
|||made a commitment that the||||
|||business of Foshan NationStar||||
|||Optoelectronics Co., Ltd. that is||||
||About|||||
|||in competition with the business||||
|Controlling|avoidance of||||In|
|||of the Company takes up only a|2015-12-04|24 months||
|shareholder|horizontal||||execution|
|||small part in NationStar’s total||||
||competition|||||
|||business, they shall gradually||||
|||reduce or eliminate the||||
|||horizontal competition as||||
|||planned through business||||
|||integration or other ways or||||
|||arrangements within the coming||||
|||24 months.||||
|||Electronics Group and its||||
|||act-in-concert parties Shenzhen||||
|||Rising Investment and Hong||||
|||Kong Rising Investment have||||
||About|made more commitments as||||
|Controlling|avoidance of|follows to avoid horizontal||Long-standi|In|
||||2015-12-04|||
|shareholder|horizontal|competition with the Company:||ng|execution|
||competition|1. They shall conduct||||
|||supervision and restraint on the||||
|||production and operation||||
|||activities of themselves and||||
|||their relevant enterprises so that||||

Foshan Electrical and Lighting Co., Ltd. Third Quarter Report 2016
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|-|-|-|-|-|-|
|||besides the enterprise above that||||
|||is in horizontal competition with||||
|||the Company for now, if the||||
|||products or business of them or||||
|||their relevant enterprises||||
|||become the same with or similar||||
|||to those of the Company or its||||
|||subsidiaries in the future, they||||
|||shall take the following||||
|||measures: (1) If the Company||||
|||thinks necessary, they and their||||
|||relevant enterprises shall reduce||||
|||and wholly transfer their||||
|||relevant assets and business;||||
|||and (2) If the Company thinks||||
|||necessary, it is given the priority||||
|||to acquire first, by proper||||
|||means, the relevant assets and||||
|||business of them and their||||
|||relevant enterprises. 2. All the||||
|||commitments made by them to||||
|||eliminate or avoid horizontal||||
|||competition with the Company||||
|||are also applicable to their||||
|||directly or indirectly controlled||||
|||subsidiaries. They are obliged to||||
|||urge and make sure that other||||
|||subsidiaries execute what’s||||
|||prescribed in the relevant||||
|||document and faithfully honor||||
|||all the relevant commitments. 3.||||
|||If they or their directly or||||
|||indirectly controlled||||
|||subsidiaries break the aforesaid||||
|||commitments and thus cause a||||
|||loss for the Company, they shall||||
|||compensate the Company on a||||
|||rational basis.||||
|||Electronics Group and its||||
||About reduction|act-in-concert parties Shenzhen||||
|Controlling|and regulation|Rising Investment and Hong||Long-standi|In|
||||2015-12-04|||
|shareholder|of related-party|Kong Rising Investment have||ng|execution|
||transactions|made a commitment that during||||
|||their direct or indirect holding||||

Foshan Electrical and Lighting Co., Ltd. Third Quarter Report 2016
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|-|
|of the Company’s shares, they|
|shall 1. strictly abide by the|
|regulatory documents of the|
|CSRC and the SZSE, the|
|Company’s Articles of|
|Association, etc. and not harm|
|the interests of the Company or|
|other shareholders of the|
|Company in their production|
|and operation activities by|
|taking advantage of their|
|position as the controlling|
|shareholder and actual|
|controller; 2. make sure that|
|they or their other controlled|
|subsidiaries, branch offices,|
|jointly-run or associated|
|companies (the “Relevant|
|Enterprises” for short) will try|
|their best to avoid or reduce|
|related-party transactions with|
|the Company or the Company’s|
|subsidiaries; 3. strictly follow|
|the market principle of justness,|
|fairness and equal value|
|exchange for necessary and|
|unavoidable related-party|
|transactions between them and|
|their Relevant Enterprises and|
|the Company, and withdraw|
|from voting when a|
|related-party transaction with|
|them or their Relevant|
|Enterprises is being voted on at|
|a general meeting or a board|
|meeting, and execute the|
|relevant approval procedure and|
|information disclosure duties|
|pursuant to the applicable laws,|
|regulations and regulatory|
|documents. Where the aforesaid|
|commitments are broken and a|
|loss is thus caused for the|
|Company, its subsidiaries or the|

Foshan Electrical and Lighting Co., Ltd. Third Quarter Report 2016
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|-|-|-|-|-|-|
|||Company’s other shareholders,||||
|||they shall be obliged to||||
|||compensate.||||
|||In order to ensure the||||
|||independence of the Company||||
|||in business, personnel, asset,||||
|||organization and finance,||||
|||Electronics Group and its||||
|||act-in-concert parties Shenzhen||||
|||Rising Investment and Hong||||
|||Kong Rising Investment have||||
|||made the following||||
|||commitments: 1. They will||||
|||ensure the independence of the||||
|||Company in business: (1) They||||
|||promise that the Company will||||
|||have the assets, personnel,||||
|||qualifications and capabilities||||
|||for it to operate independently||||
|||as well as the ability of||||
|||independent, sustainable||||
|||operation in the market. (2)||||
|||They promise not to intervene||||
|Controlling|About|||Long-standi|In|
|||in the Company’s business|2015-12-04|||
|shareholder|independence|||ng|execution|
|||activities other than the||||
|||execution of their rights as the||||
|||Company’s shareholders. (3)||||
|||They promise that they and their||||
|||related parties will not be||||
|||engaged in business that is||||
|||substantially in competition||||
|||with the Company’s business.||||
|||And (4) They promise that they||||
|||and their related parties will try||||
|||their best to reduce related-party||||
|||transactions between them and||||
|||the Company; for necessary and||||
|||unavoidable related-party||||
|||transactions, they promise to||||
|||operate fairly following the||||
|||market-oriented principle and at||||
|||fair prices, and execute the||||
|||transaction procedure and the||||
|||duty of information disclosure||||

Foshan Electrical and Lighting Co., Ltd. Third Quarter Report 2016
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|-|
|pursuant to the applicable laws,|
|regulations and regulatory|
|documents. 2. They will ensure|
|the independence of the|
|Company in personnel: (1) They|
|promise that the Company’s|
|GM, deputy GMs, CFO,|
|Company Secretary and other|
|senior management personnel|
|will work only for and receive|
|remuneration from the|
|Company, not holding any|
|positions in them or their other|
|controlled subsidiaries other|
|than director and supervisor. (2)|
|They promise the Company’s|
|absolute independence from|
|their related parties in labor,|
|human resource and salary|
|management. And (3) They|
|promise to follow the legal|
|procedure in their|
|recommendation of directors,|
|supervisors and senior|
|management personnel to the|
|Company and not to hire or|
|dismiss employees beyond the|
|Company’s Board of Directors|
|and General Meeting. 3. They|
|will ensure the independence|
|and completeness of the|
|Company in asset: (1) They|
|promise that the Company will|
|have a production system, a|
|auxiliary production system and|
|supporting facilities for its|
|operation; legally have the|
|ownership or use rights of the|
|land, plants, machines,|
|trademarks, patents and|
|non-patented technology in|
|relation to its production and|
|operation; and have independent|
|systems for the procurement of|

Foshan Electrical and Lighting Co., Ltd. Third Quarter Report 2016
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|-|
|raw materials and the sale of its|
|products. (2) They promise that|
|the Company will have|
|independent and complete|
|assets all under the Company’s|
|control and independently|
|owned and operated by the|
|Company. And (3) They|
|promise that they and their other|
|controlled subsidiaries will not|
|illegally occupy the Company’s|
|funds and assets in any way, or|
|use the Company’s assets to|
|provide guarantees for the debts|
|of themselves or their other|
|controlled subsidiaries with. 4.|
|They will ensure the|
|independence of the Company|
|in organization: (1) They|
|promise that the Company has a|
|sound corporate governance|
|structure as a joint-stock|
|company with an independent|
|and complete organization|
|structure. And (2) They promise|
|that the operational and|
|management organs within the|
|Company will independently|
|execute their functions|
|according to laws, regulations|
|and the Company’s Articles of|
|Association. And 5. They will|
|ensure the independence of the|
|Company in finance: (1) They|
|promise that the Company will|
|have an independent financial|
|department and financial|
|accounting system with|
|normative, independent|
|financial accounting rules. (2)|
|They promise that the Company|
|will have independent bank|
|accounts and not share bank|
|accounts with its related parties.|

Foshan Electrical and Lighting Co., Ltd. Third Quarter Report 2016
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|-|-|-|-|-|-|-|
||||(3) They promise that the||||
||||Company’s financial personnel||||
||||do not hold concurrent positions||||
||||in its related parties. (4) They||||
||||promise that the Company will||||
||||independently pay its tax||||
||||according to law. And (5) They||||
||||promise that the Company can||||
||||make financial decisions||||
||||independently and that they will||||
||||not illegally intervene in the||||
||||Company’s use of its funds.||||
||||The profits distributed by the||||
|Other commitments|||Company in cash every year||||
|||About cash|||Long-standi|In|
|made to minority|The Company||shall not be less than 30% of the|2009-05-27|||
|||dividends|||ng|execution|
|shareholders|||distributable profits it has||||
||||achieved in the year.||||
|Executed on time|Yes||||||
|Specific reasons for|||||||
|failing to fulfill|||||||
||N/A||||||
|commitments on time|||||||
|and plans for next step|||||||

IV Performance forecast for Y2016
Warning of possible loss or considerable YoY change in the accumulative net profit made during the year-beginning to the end of the next reporting period, as well as the reasons
□ Applicable√ Not applicable
V Securities investment
□ Applicable√ Not applicable
No such cases in the Reporting Period.
VI Investment in derivative financial instruments
□ Applicable√ Not applicable
No such cases in the Reporting Period.
VII Visits paid to the Company for purposes of research, communication, interview, etc.
during the Reporting Period
□ Applicable√ Not applicable
Foshan Electrical and Lighting Co., Ltd. Third Quarter Report 2016 No such cases in the Reporting Period.
VIII Illegal provision of guarantees for external parties
□ Applicable√ Not applicable
No such cases in the Reporting Period.
IX Occupation of theCompany’s funds for non-operating purposes by the controlling shareholder and its related parties
□ Applicable√ Not applicable
No such cases in the Reporting Period.
Foshan Electrical and Lighting Co., Ltd. Third Quarter Report 2016 Section IV Financial Statements
I Financial statements
1. Consolidated balance sheet
Prepared by Foshan Electrical and Lighting Co., Ltd.
30 September 2016
Unit: RMB
||||
|-|-|-|
|Item|Closing balance|Opening balance|
|Current assets:|||
|Monetary funds|644,918,147.43|935,241,205.20|
|Settlement reserve|||
|Interbank lendings|||
|Financial assets at fair value through|||
|||51,600.00|
|profit/loss|||
|Derivative financial assets|||
|Notes receivable|95,448,285.94|202,669,316.48|
|Accounts receivable|695,807,188.07|366,401,130.72|
|Accounts paid in advance|15,583,761.40|6,858,950.41|
|Premiums receivable|||
|Reinsurance premiums receivable|||
|Receivable reinsurance contract reserve|||
|Interest receivable|8,253,893.79|3,022,646.23|
|Dividends receivable|||
|Other accounts receivable|12,311,878.51|17,313,604.14|
|Financial assets purchased under|||
|agreements to resell|||
|Inventories|487,414,818.51|559,651,928.21|
|Assets held for sale|||
|Non-current assets due within one year|||
|Other current assets|443,220,985.68|91,060,842.89|
|Total current assets|2,402,958,959.33|2,182,271,224.28|
|Non-current assets:|||
|Loans and advances to customers|||

Foshan Electrical and Lighting Co., Ltd. Third Quarter Report 2016
||||
|-|-|-|
|Available-for-sale financial assets|2,791,295,523.07|3,092,416,162.34|
|Held-to-maturity investments|||
|Long-term accounts receivable|||
|Long-term equity investments|180,356,427.84|382,637.52|
|Investment property|||
|Fixed assets|444,907,474.12|484,436,218.17|
|Construction in progress|79,433,148.95|32,488,518.68|
|Engineering materials|||
|Disposal of fixed assets|||
|Productive living assets|||
|Oil-gas assets|||
|Intangible assets|160,735,874.36|163,887,313.63|
|R&D expenses|||
|Goodwill|||
|Long-term deferred expenses||406,425.35|
|Deferred tax assets|47,158,882.80|42,744,728.66|
|Other non-current assets|46,511,770.50|49,263,204.15|
|Total non-current assets|3,750,399,101.64|3,866,025,208.50|
|Total assets|6,153,358,060.97|6,048,296,432.78|
|Current liabilities:|||
|Short-term borrowings|||
|Borrowings from the Central Bank|||
|Money deposits accepted and inter-bank|||
|deposits|||
|Interbank borrowings|||
|Financial liabilities at fair value through|||
|profit/loss|||
|Derivative financial liabilities|||
|Notes payable|||
|Accounts payable|512,839,130.81|396,263,382.12|
|Accounts received in advance|42,770,580.21|71,531,790.37|
|Financial assets sold for repurchase|||
|Fees and commissions payable|||
|Payroll payable|70,094,630.92|72,004,987.32|
|Taxes and fares payable|33,051,655.69|12,969,090.31|

Foshan Electrical and Lighting Co., Ltd. Third Quarter Report 2016
||||
|-|-|-|
|Interest payable|||
|Dividends payable|||
|Other accounts payable|31,790,633.33|36,530,501.22|
|Reinsurance premiums payable|||
|Insurance contract reserve|||
|Payables for acting trading of securities|||
|Payables for acting underwriting of|||
|securities|||
|Liabilities held for sale|||
|Non-current liabilities due within one|||
|year|||
|Other current liabilities|32,000,000.00||
|Total current liabilities|722,546,630.96|589,299,751.34|
|Non-current liabilities:|||
|Long-term borrowings|||
|Bonds payable|||
|Of which: Preference shares|||
|Perpetual bonds|||
|Long-term accounts payable|||
|Long-term payroll payable|||
|Special payables|||
|Provisions|||
|Deferred income|11,086,025.08|10,722,275.02|
|Deferred tax liabilities|345,471,902.23|390,534,187.37|
|Other non-current liabilities|||
|Total non-current liabilities|356,557,927.31|401,256,462.39|
|Total liabilities|1,079,104,558.27|990,556,213.73|
|Owners’ equity:|||
|Share capital|1,272,132,868.00|1,272,132,868.00|
|Other equity instruments|||
|Of which: Preference shares|||
|Perpetual bonds|||
|Capital reserve|296,329,995.83|296,324,375.58|
|Less: Treasury shares|||
|Other comprehensive income|1,958,488,077.75|2,212,989,156.02|

Foshan Electrical and Lighting Co., Ltd. Third Quarter Report 2016
||||
|-|-|-|
|Special reserve|||
|Surplus reserve|628,439,107.12|628,439,107.12|
|Provisions for general risks|||
|Retained earnings|877,864,641.15|613,661,381.40|
|Equity attributable to owners of theCompany|||
||5,033,254,689.85|5,023,546,888.12|
|Minority interests|40,998,812.85|34,193,330.93|
|Total owners’ equity|5,074,253,502.70|5,057,740,219.05|
|Total liabilities and owners’ equity|6,153,358,060.97|6,048,296,432.78|

 Legal representative: He Yong Accounting head for this Report: Liu Xingming Head of the accounting organ: Tang Qionglan
2. Balance sheet of the Company
Unit: RMB
||||
|-|-|-|
|Item|Closing balance|Opening balance|
|Current assets:|||
|Monetary funds|388,352,960.62|633,291,177.30|
|Financial assets at fair value through|||
|||51,600.00|
|profit/loss|||
|Derivative financial assets|||
|Notes receivable|93,588,574.92|200,483,728.48|
|Accounts receivable|745,916,992.69|387,870,578.18|
|Accounts paid in advance|67,154,009.12|6,258,960.70|
|Interest receivable|3,867,085.15|1,979,245.24|
|Dividends receivable|||
|Other accounts receivable|94,474,233.35|47,175,016.15|
|Inventories|469,704,014.85|540,058,085.51|
|Assets held for sale|||
|Non-current assets due within one year|||
|Other current assets|440,057,018.93|87,132,242.99|
|Total current assets|2,303,114,889.63|1,904,300,634.55|
|Non-current assets:|||
|Available-for-sale financial assets|2,791,295,523.07|3,092,416,162.34|
|Held-to-maturity investments|||
|Long-term accounts receivable|||

Foshan Electrical and Lighting Co., Ltd. Third Quarter Report 2016
||||
|-|-|-|
|Long-term equity investments|597,946,367.60|417,972,577.28|
|Investment property|||
|Fixed assets|372,732,015.43|403,470,166.52|
|Construction in progress|77,280,134.55|32,098,207.18|
|Engineering materials|||
|Disposal of fixed assets|||
|Productive living assets|||
|Oil-gas assets|||
|Intangible assets|117,065,626.44|120,554,776.71|
|R&D expenses|||
|Goodwill|||
|Long-term deferred expenses|||
|Deferred tax assets|37,619,642.75|36,469,936.66|
|Other non-current assets|45,629,930.50|49,025,459.75|
|Total non-current assets|4,039,569,240.34|4,152,007,286.44|
|Total assets|6,342,684,129.97|6,056,307,920.99|
|Current liabilities:|||
|Short-term borrowings|||
|Financial liabilities at fair value through|||
|profit/loss|||
|Derivative financial liabilities|||
|Notes payable|||
|Accounts payable|719,886,653.61|518,615,548.53|
|Accounts received in advance|42,050,515.39|70,168,946.84|
|Payroll payable|47,222,893.64|48,921,086.93|
|Taxes and fares payable|25,590,195.40|2,172,775.43|
|Interest payable|||
|Dividends payable|||
|Other accounts payable|186,390,878.30|93,375,598.50|
|Liabilities held for sale|||
|Non-current liabilities due within one year|||
|Other current liabilities|32,000,000.00||
|Total current liabilities|1,053,141,136.34|733,253,956.23|
|Non-current liabilities:|||
|Long-term borrowings|||

Foshan Electrical and Lighting Co., Ltd. Third Quarter Report 2016
||||
|-|-|-|
|Bonds payable|||
|Of which: Preference shares|||
|Perpetual bonds|||
|Long-term payables|||
|Long-term payroll payable|||
|Special payables|||
|Provisions|||
|Deferred income|10,582,274.95|10,102,274.95|
|Deferred tax liabilities|345,471,902.23|390,534,187.37|
|Other non-current liabilities|||
|Total non-current liabilities|356,054,177.18|400,636,462.32|
|Total liabilities|1,409,195,313.52|1,133,890,418.55|
|Owners’ equity:|||
|Share capital|1,272,132,868.00|1,272,132,868.00|
|Other equity instruments|||
|Of which: Preference shares|||
|Perpetual bonds|||
|Capital reserve|293,425,065.15|293,419,444.90|
|Less: Treasury shares|||
|Other comprehensive income|1,957,674,112.61|2,212,989,156.02|
|Special reserve|||
|Surplus reserve|628,439,107.12|628,439,107.12|
|Retained earnings|781,817,663.57|515,436,926.40|
|Total owners’ equity|4,933,488,816.45|4,922,417,502.44|
|Total liabilities and owners’ equity|6,342,684,129.97|6,056,307,920.99|

 Legal representative: He Yong Accounting head for this Report: Liu Xingming Head of the accounting organ: Tang Qionglan
3. Consolidated income statement for the Reporting Period
Unit: RMB
||||
|-|-|-|
|Item|July-September 2016|July-September 2015|
|1. Operating revenues|819,510,785.90|708,115,195.93|
|Including: Sales income|819,510,785.90|708,115,195.93|
|Interest income|||

Foshan Electrical and Lighting Co., Ltd. Third Quarter Report 2016
||||
|-|-|-|
|Premium income|||
|Fee and commission income|||
|2. Operating costs|729,336,869.53|642,721,696.02|
|Including: Cost of sales|624,355,439.15|542,230,043.63|
|Interest expenses|||
|Fee and commission expenses|||
|Surrenders|||
|Net claims paid|||
|Net amount provided as|||
|insurance contract reserve|||
|Expenditure on policy dividends|||
|Reinsurance premium|||
|Business tax and surtaxes|5,398,114.76|6,711,800.86|
|Selling expenses|69,476,830.23|35,778,209.37|
|Administrative expenses|46,549,040.03|67,490,716.09|
|Finance costs|-5,681,599.27|-8,836,387.51|
|Asset impairment loss|-10,760,955.37|-652,686.42|
|Add: Profit on fair value changes (“-”|||
|||-879,180.46|
|means loss)|||
|Return on investment (“-” means|||
||4,961,917.99|1,000,143.12|
|loss)|||
|Including: Share of profit/loss of|||
||-6,569.56|-43,126.19|
|associates and joint ventures|||
|Exchange gains (“-” means loss)|||
|3. Operating profit (“-” means loss)|95,135,834.36|65,514,462.57|
|Add: Non-operating revenue|230,805.09|711,341.35|
|Including: Profit on disposal of|||
||0.00|4,533.19|
|non-current assets|||
|Less: Non-operating expense|2,175,174.95|81,621,195.57|
|Including: Loss on disposal of|||
||776,026.47|169,132.84|
|non-current assets|||
|4. Total profit (“-” means loss)|93,191,464.50|-15,395,391.65|
|Less: Corporate income tax|19,080,452.47|13,529,834.96|
|5. Net profit (“-” means loss)|74,111,012.03|-28,925,226.61|
|Net profit attributable to owners of|||
||73,179,107.88|-26,823,845.62|
|the Company|||
|Minority interests’ income|931,904.15|-2,101,380.99|

Foshan Electrical and Lighting Co., Ltd. Third Quarter Report 2016
||||
|-|-|-|
|6. Other comprehensive income net of|||
||-394,818,856.95|266,466,095.90|
|tax|||
|Other comprehensive income net|||
|of tax attributable to owners of the|-394,818,856.95|266,466,095.90|
|Company|||
|6.1 Other comprehensive|||
|income that will not be reclassified into|||
|profit/loss|||
|6.1.1 Changes in net liabilities|||
|or assets with a defined benefit plan|||
|upon re-measurement|||
|6.1.2 Share of other|||
|comprehensive income of investees that|||
|cannot be reclassified into profit/loss|||
|under the equity method|||
|6.2 Other comprehensive|||
|income to be subsequently reclassified|-394,818,856.95|266,466,095.90|
|into profit/loss|||
|6.2.1 Share of other|||
|comprehensive income of investees that|||
|will be reclassified into profit/loss|||
|under the equity method|||
|6.2.2 Profit/loss on fair value|||
|changes of available-for-sale financial|-394,818,856.95|266,466,095.90|
|assets|||
|6.2.3 Profit/loss on|||
|reclassifying held-to-maturity|||
|investments into available-for-sale|||
|financial assets|||
|6.2.4 Effective profit/loss on|||
|cash flow hedges|||
|6.2.5 Currency translation|||
|differences|||
|6.2.6 Other|||
|Other comprehensive income net|||
|of tax attributable to minority interests|||
|7. Total comprehensive income|-320,707,844.92|237,540,869.29|
|Attributable to owners of the|||
||-321,639,749.07|239,642,250.28|
|Company|||
|Attributable to minority interests|931,904.15|-2,101,380.99|
|8. Earnings per share|||
|8.1 Basic earnings per share|0.0575|-0.0211|

Foshan Electrical and Lighting Co., Ltd. Third Quarter Report 2016
||||
|-|-|-|
|8.2 Diluted earnings per share|0.0575|-0.0211|

 Where business mergers under the same control occurred in the Reporting Period, the net profit achieved by the merged parties before the business mergers was RMB0.00, with the corresponding amount for the last period being RMB0.00.
Legal representative: He Yong Accounting head for this Report: Liu Xingming Head of the accounting organ: Tang Qionglan
4. Income statement of the Company for the Reporting Period
Unit: RMB
||||
|-|-|-|
|Item|July-September 2016|July-September 2015|
|1. Operating revenues|831,582,855.08|720,912,734.95|
|Less: Operating costs|637,457,080.01|574,751,556.83|
|Business tax and surtaxes|2,932,685.10|4,461,643.20|
|Selling expenses|68,412,649.71|35,033,215.58|
|Administrative expenses|45,821,532.99|50,759,084.41|
|Finance costs|-4,467,105.10|-6,971,556.08|
|Asset impairment loss|-10,827,360.48|-640,204.47|
|Add: profit on fair value changes (“-”|||
|||-879,180.46|
|means loss)|||
|Return on investment (“-” means|||
||4,961,917.99|1,000,143.12|
|loss)|||
|Including: Share of profit/loss of|||
||-6,569.56|-43,126.19|
|associates and joint ventures|||
|2. Operating profit (“-” means loss)|97,215,290.84|63,639,958.14|
|Add: Non-operating revenue|158,665.11|482,758.84|
|Including: Profit on disposal of|||
||0.00|3,261.06|
|non-current assets|||
|Less: Non-operating expense|2,113,816.96|80,194,137.39|
|Including: Loss on disposal of|||
||744,668.48|71,254.04|
|non-current assets|||
|3. Total profit (“-” means loss)|95,260,138.99|-16,071,420.41|
|Less: Corporate income tax|18,378,235.96|13,258,294.88|
|4. Net profit (“-” means loss)|76,881,903.03|-29,329,715.29|
|5. Other comprehensive income net of|||
||-394,818,856.95|266,466,095.90|
|tax|||
|5.1 Other comprehensive income that|||
|will not be reclassified into profit and|||
|loss|||
|5.1.1 Changes in net liabilities or|||
|assets with a defined benefit plan upon|||

Foshan Electrical and Lighting Co., Ltd. Third Quarter Report 2016
||||
|-|-|-|
|re-measurement|||
|5.1.2 Share of other|||
|comprehensive income of investees that|||
|cannot be reclassified into profit/loss|||
|under the equity method|||
|5.2 Other comprehensive income to|||
|be subsequently reclassified into|-394,818,856.95|266,466,095.90|
|profit/loss|||
|5.2.1 Share of other|||
|comprehensive income of investees that|||
|will be reclassified into profit/loss|||
|under the equity method|||
|5.2.2 Profit/loss on fair value|||
|changes of available-for-sale financial|-394,818,856.95|266,466,095.90|
|assets|||
|5.2.3 Profit/loss on reclassifying|||
|held-to-maturity investments into|||
|available-for-sale financial assets|||
|5.2.4 Effective profit/loss on cash|||
|flow hedges|||
|5.2.5 Currency translation|||
|differences|||
|5.2.6 Other|||
|6. Total comprehensive income|-317,936,953.92|237,136,380.61|
|7. Earnings per share|||
|7.1 Basic earnings per share|||
|7.2 Diluted earnings per share|||

Legal representative: He Yong Accounting head for this Report: Liu Xingming Head of the accounting organ: Tang Qionglan
5. Consolidated income statement for the period from the year-beginning to the end of the Reporting Period
Unit: RMB
||||
|-|-|-|
|Item|January-September 2016|January-September 2015|
|1. Operating revenues|2,575,181,713.34|2,232,477,982.42|
|Including: Sales income|2,575,181,713.34|2,232,477,982.42|
|Interest income|||
|Premium income|||
|Fee and commission income|||

Foshan Electrical and Lighting Co., Ltd. Third Quarter Report 2016
||||
|-|-|-|
|2. Operating costs|2,249,348,264.83|2,052,625,592.96|
|Including: Cost of sales|1,947,337,999.85|1,708,273,484.64|
|Interest expenses|||
|Fee and commission expenses|||
|Surrenders|||
|Net claims paid|||
|Net amount provided as|||
|insurance contract reserve|||
|Expenditure on policy dividends|||
|Reinsurance premium|||
|Business tax and surtaxes|17,649,693.22|18,636,634.64|
|Selling expenses|142,728,637.64|118,002,589.64|
|Administrative expenses|128,666,867.97|181,786,564.78|
|Finance costs|-12,127,352.31|-20,044,328.31|
|Asset impairment loss|25,092,418.46|45,970,647.57|
|Add: Profit on fair value changes (“-”|||
|||393,590.00|
|means loss)|||
|Return on investment (“-” means|||
||18,682,665.76|21,709,308.94|
|loss)|||
|Including: Share of profit/loss of|||
||-26,209.68|-44,334.59|
|associates and joint ventures|||
|Exchange gains (“-” means loss)|||
|3. Operating profit (“-” means loss)|344,516,114.27|201,955,288.40|
|Add: Non-operating revenue|1,805,821.67|3,656,043.70|
|Including: Profit on disposal of|||
||20,253.97|10,647.72|
|non-current assets|||
|Less: Non-operating expense|7,092,231.89|96,557,359.72|
|Including: Loss on disposal of|||
||999,118.72|566,257.30|
|non-current assets|||
|4. Total profit (“-” means loss)|339,229,704.05|109,053,972.38|
|Less: Corporate income tax|58,506,429.76|41,463,602.07|
|5. Net profit (“-” means loss)|280,723,274.29|67,590,370.31|
|Net profit attributable to owners of|||
||280,104,920.60|73,434,913.69|
|the Company|||
|Minority interests’ income|618,353.69|-5,844,543.38|
|6. Other comprehensive income net of|||
||-254,501,078.27|1,662,302,677.06|
|tax|||
|Other comprehensive income net|-254,501,078.27|1,662,302,677.06|

Foshan Electrical and Lighting Co., Ltd. Third Quarter Report 2016
||||
|-|-|-|
|of tax attributable to owners of the|||
|Company|||
|6.1 Other comprehensive|||
|income that will not be reclassified into|||
|profit/loss|||
|6.1.1 Changes in net liabilities|||
|or assets with a defined benefit plan|||
|upon re-measurement|||
|6.1.2 Share of other|||
|comprehensive income of investees that|||
|cannot be reclassified into profit/loss|||
|under the equity method|||
|6.2 Other comprehensive|||
|income to be subsequently reclassified|-254,501,078.27|1,662,302,677.06|
|into profit/loss|||
|6.2.1 Share of other|||
|comprehensive income of investees that|||
|will be reclassified into profit/loss|||
|under the equity method|||
|6.2.2 Profit/loss on fair value|||
|changes of available-for-sale financial|-255,315,043.41|1,662,302,677.06|
|assets|||
|6.2.3 Profit/loss on|||
|reclassifying held-to-maturity|||
|investments into available-for-sale|||
|financial assets|||
|6.2.4 Effective profit/loss on|||
|cash flow hedges|||
|6.2.5 Currency translation|||
|differences|||
|6.2.6 Other|813,965.14||
|Other comprehensive income net|||
|of tax attributable to minority interests|||
|7. Total comprehensive income|26,222,196.02|1,729,893,047.37|
|Attributable to owners of the|||
||25,603,842.33|1,735,737,590.75|
|Company|||
|Attributable to minority interests|618,353.69|-5,844,543.38|
|8. Earnings per share|||
|8.1 Basic earnings per share|0.2202|0.0577|
|8.2 Diluted earnings per share|0.2202|0.0577|

Where business mergers under the same control occurred in the Reporting Period, the net profit achieved by the merged parties
before the business mergers was RMB0.00, with the corresponding amount for the last period being RMB0.00.
Foshan Electrical and Lighting Co., Ltd. Third Quarter Report 2016 Legal representative: He Yong Accounting head for this Report: Liu Xingming Head of the accounting organ: Tang Qionglan
6. Income statement of the Company for the period from the year-beginning to the end of the Reporting Period
Unit: RMB
||||
|-|-|-|
|Item|January-September 2016|January-September 2015|
|1. Operating revenues|2,614,040,071.22|2,270,512,189.33|
|Less: Operating costs|1,993,164,589.95|1,788,069,981.31|
|Business tax and surtaxes|10,758,187.57|12,070,843.28|
|Selling expenses|141,048,891.13|114,981,668.27|
|Administrative expenses|128,230,793.51|142,323,446.04|
|Finance costs|-8,265,724.94|-14,117,149.02|
|Asset impairment loss|24,960,867.30|42,384,452.59|
|Add: profit on fair value changes (“-”|||
|||393,590.00|
|means loss)|||
|Return on investment (“-” means|||
||18,682,665.76|21,709,308.94|
|loss)|||
|Including: Share of profit/loss of|||
||-26,209.68|-44,334.59|
|associates and joint ventures|||
|2. Operating profit (“-” means loss)|342,825,132.46|206,901,845.80|
|Add: Non-operating revenue|1,548,088.24|2,809,300.57|
|Including: Profit on disposal of|||
||9,401.71|9,375.59|
|non-current assets|||
|Less: Non-operating expense|5,850,398.69|95,029,663.34|
|Including: Loss on disposal of|||
||937,680.22|367,887.24|
|non-current assets|||
|3. Total profit (“-” means loss)|338,522,822.01|114,681,483.03|
|Less: Corporate income tax|56,240,423.99|40,640,622.89|
|4. Net profit (“-” means loss)|282,282,398.02|74,040,860.14|
|5. Other comprehensive income net of|||
||-255,315,043.41|1,662,302,677.06|
|tax|||
|5.1 Other comprehensive income that|||
|will not be reclassified into profit and|||
|loss|||
|5.1.1 Changes in net liabilities or|||
|assets with a defined benefit plan upon|||
|re-measurement|||
|5.1.2 Share of other|||

Foshan Electrical and Lighting Co., Ltd. Third Quarter Report 2016
||||
|-|-|-|
|comprehensive income of investees that|||
|cannot be reclassified into profit/loss|||
|under the equity method|||
|5.2 Other comprehensive income to|||
|be subsequently reclassified into|-255,315,043.41|1,662,302,677.06|
|profit/loss|||
|5.2.1 Share of other|||
|comprehensive income of investees that|||
|will be reclassified into profit/loss|||
|under the equity method|||
|5.2.2 Profit/loss on fair value|||
|changes of available-for-sale financial|-255,315,043.41|1,662,302,677.06|
|assets|||
|5.2.3 Profit/loss on reclassifying|||
|held-to-maturity investments into|||
|available-for-sale financial assets|||
|5.2.4 Effective profit/loss on cash|||
|flow hedges|||
|5.2.5 Currency translation|||
|differences|||
|5.2.6 Other|||
|6. Total comprehensive income|26,967,354.61|1,736,343,537.20|
|7. Earnings per share|||
|7.1 Basic earnings per share|||
|7.2 Diluted earnings per share|||

Legal representative: He Yong Accounting head for this Report: Liu Xingming Head of the accounting organ: Tang Qionglan
7. Consolidated cash flow statement for the period from the year-beginning to the end of the Reporting Period
Unit: RMB
||||
|-|-|-|
|Item|January-September 2016|January-September 2015|
|1. Cash flows from operating activities:|||
|Cash received from sale of|||
||2,312,207,975.75|2,102,277,561.19|
|commodities and rendering of service|||
|Net increase in money deposits from|||
|customers and interbank placements|||
|Net increase in loans from the|||
|Central Bank|||
|Net increase in funds borrowed from|||
|other financial institutions|||

Foshan Electrical and Lighting Co., Ltd. Third Quarter Report 2016
||||
|-|-|-|
|Cash received from premium of|||
|original insurance contracts|||
|Net cash received from reinsurance|||
|business|||
|Net increase in deposits of policy|||
|holders and investment fund|||
|Net increase in disposal of financial|||
|assets at fair value through profit/loss|||
|Interest, fees and commissions|||
|received|||
|Net increase in interbank borrowings|||
|Net increase in funds in repurchase|||
|business|||
|Tax refunds received|58,629,989.95|33,445,602.81|
|Cash received from other operating|||
||33,828,787.79|20,678,610.25|
|activities|||
|Subtotal of cash inflows from operating|||
||2,404,666,753.49|2,156,401,774.25|
|activities|||
|Cash paid for goods and services|1,340,524,458.10|1,234,358,194.72|
|Net increase in loans and advances to|||
|customers|||
|Net increase in funds deposited in the|||
|Central Bank and interbank placements|||
|Cash paid for claims of original|||
|insurance contracts|||
|Interest, fees and commissions paid|||
|Cash paid as policy dividends|||
|Cash paid to and for employees|442,206,958.62|403,809,285.82|
|Taxes and fares paid|176,309,686.13|147,501,911.63|
|Cash paid for other operating|||
||121,576,737.64|223,558,128.68|
|activities|||
|Subtotal of cash outflows from|||
||2,080,617,840.49|2,009,227,520.85|
|operating activities|||
|Net cash flows from operating activities|324,048,913.00|147,174,253.40|
|2. Cash flows from investing activities:|||
|Cash received from retraction of|||
||7,005.00||
|investments|||
|Cash received as return on|||
||17,173,398.25|22,503,643.86|
|investments|||
|Net cash received from disposal of|||
||73,000.00|918,188.00|
|fixed assets, intangible assets and other|||

Foshan Electrical and Lighting Co., Ltd. Third Quarter Report 2016
||||
|-|-|-|
|long-term assets|||
|Net cash received from disposal of|||
|subsidiaries or other business units|||
|Cash received from other investing|||
|activities|||
|Subtotal of cash inflows from investing|||
||17,253,403.25|23,421,831.86|
|activities|||
|Cash paid to acquire fixed assets,|||
|intangible assets and other long-term|68,923,429.83|56,386,190.51|
|assets|||
|Cash paid for investment|545,865,000.00|72,247,111.38|
|Net increase in pledged loans|||
|Net cash paid to acquire subsidiaries|||
|and other business units|||
|Cash paid for other investing|||
||7,539,878.12||
|activities|||
|Subtotal of cash outflows from|||
||622,328,307.95|128,633,301.89|
|investing activities|||
|Net cash flows from investing activities|-605,074,904.70|-105,211,470.03|
|3. Cash flows from financing activities:|||
|Cash received from capital|||
|contributions|||
|Including: Cash received from|||
|minority shareholder investments by|||
|subsidiaries|||
|Cash received as borrowings|||
|Cash received from issuance of|||
|bonds|||
|Cash received from other financing|||
|activities|||
|Subtotal of cash inflows from financing|||
|activities|||
|Repayment of borrowings|||
|Cash paid for interest expenses and|||
||15,935,708.57|215,284,023.90|
|distribution of dividends or profit|||
|Including: dividends or profit paid|||
|by subsidiaries to minority interests|||
|Cash paid for other financing|||
|activities|||
|Sub-total of cash outflows from|||
||15,935,708.57|215,284,023.90|
|financing activities|||
|Net cash flows from financing activities|-15,935,708.57|-215,284,023.90|

Foshan Electrical and Lighting Co., Ltd. Third Quarter Report 2016
||||
|-|-|-|
|4. Effect of foreign exchange rate|||
||833,739.33|-1,734,556.20|
|changes on cash and cash equivalents|||
|5. Net increase in cash and cash|||
||-296,127,960.94|-175,055,796.73|
|equivalents|||
|Add: Opening balance of cash and|||
||933,546,108.37|989,718,395.60|
|cash equivalents|||
|6. Closing balance of cash and cash|||
||637,418,147.43|814,662,598.87|
|equivalents|||

Legal representative: He Yong Accounting head for this Report: Liu Xingming Head of the accounting organ: Tang Qionglan
8. Cash flow statement of the Company for the period from the year-beginning to the end of the Reporting Period
Unit: RMB
||||
|-|-|-|
|Item|January-September 2016|January-September 2015|
|1. Cash flows from operating activities:|||
|Cash received from sale of|||
||2,340,439,622.75|2,067,661,900.95|
|commodities and rendering of service|||
|Tax refunds received|58,629,989.95|33,276,332.50|
|Cash received from other operating|||
||28,947,588.49|18,229,755.23|
|activities|||
|Subtotal of cash inflows from operating|||
||2,428,017,201.19|2,119,167,988.68|
|activities|||
|Cash paid for goods and services|1,675,836,030.87|1,518,134,264.09|
|Cash paid to and for employees|170,220,863.77|160,958,419.31|
|Taxes and fares paid|101,878,975.55|70,871,999.04|
|Cash paid for other operating|||
||117,489,938.22|216,260,245.11|
|activities|||
|Subtotal of cash outflows from|||
||2,065,425,808.41|1,966,224,927.55|
|operating activities|||
|Net cash flows from operating activities|362,591,392.78|152,943,061.13|
|2. Cash flows from investing activities:|||
|Cash received from retraction of|||
||7,005.00||
|investments|||
|Cash received as return on|||
||17,173,398.25|22,503,643.86|
|investments|||
|Net cash received from disposal of|||
|fixed assets, intangible assets and other|14,000.00|17,188.00|
|long-term assets|||
|Net cash received from disposal of|||

Foshan Electrical and Lighting Co., Ltd. Third Quarter Report 2016
||||
|-|-|-|
|subsidiaries or other business units|||
|Cash received from other investing|||
|activities|||
|Subtotal of cash inflows from investing|||
||17,194,403.25|22,520,831.86|
|activities|||
|Cash paid to acquire fixed assets,|||
|intangible assets and other long-term|63,757,043.28|65,844,104.54|
|assets|||
|Cash paid for investment|545,865,000.00|72,247,111.38|
|Net cash paid to acquire subsidiaries|||
|and other business units|||
|Cash paid for other investing|||
||7,500,000.00||
|activities|||
|Subtotal of cash outflows from|||
||617,122,043.28|138,091,215.92|
|investing activities|||
|Net cash flows from investing activities|-599,927,640.03|-115,570,384.06|
|3. Cash flows from financing activities:|||
|Cash received from capital|||
|contributions|||
|Cash received as borrowings|||
|Cash received from issuance of|||
|bonds|||
|Cash received from other financing|||
|activities|||
|Subtotal of cash inflows from financing|||
|activities|||
|Repayment of borrowings|||
|Cash paid for interest expenses and|||
||15,935,708.57|215,284,023.90|
|distribution of dividends or profit|||
|Cash paid for other financing|||
|activities|||
|Sub-total of cash outflows from|||
||15,935,708.57|215,284,023.90|
|financing activities|||
|Net cash flows from financing activities|-15,935,708.57|-215,284,023.90|
|4. Effect of foreign exchange rate|||
||833,739.14|-1,759,358.11|
|changes on cash and cash equivalents|||
|5. Net increase in cash and cash|||
||-252,438,216.68|-179,670,704.94|
|equivalents|||
|Add: Opening balance of cash and|||
||633,291,177.30|685,652,777.19|
|cash equivalents|||
|6. Closing balance of cash and cash|||
||380,852,960.62|505,982,072.25|
|equivalents|||

Foshan Electrical and Lighting Co., Ltd. Third Quarter Report 2016 Legal representative: He Yong Accounting head for this Report: Liu Xingming Head of the accounting organ: Tang Qionglan
IIAuditor’s report
Is this Report audited?
□ Yes√ No
This Report is unaudited.
The Board of Directors
Foshan Electrical and Lighting Co., Ltd.
25 OCT 2016