Shenzhen Tellus Holding Co., Ltd.
The Third Quarterly Report For 2016
October 2016
Section I. Important Notice
Board of Directors, Supervisory Committee, all directors, supervisors and senior executives of Shenzhen Tellus Holding 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.
All directors are present the meeting of the Board for deliberating the Third Quarter Report of the Company in person.
Lv Hang, person in charge of the Company, head of the accounting works Yang Jianping and Ke Wensheng, accounting body principals (accountant in charge) hereby confirm that the Financial Report of the Third Quarterly Report is authentic, accurate and complete.
Section II. Main accounting data and changes of shareholders I. Main accounting data and index
Whether it has retroactive adjustment or re-statement on previous accounting data for accounting policy changed and accounting error correction or not
□Yes√ No
||||||||
|-|-|-|-|-|-|-|
||Current period-end||Period-end of last year||Increase/decrease||
|Total assets(RMB)|1,166,781,971.81||1,168,667,927.49||-0.16%||
|Net assets attributable to|894,384,392.17||868,169,052.32||||
|shareholders of listed company|||||3.02%||
|(RMB)|||||||
|||||||Increase/decrease in|
|||Increase/decrease in|||||
|||||From Year-begin to||comparison with|
||Current period|comparison with same|||||
|||||end of the Period||year-begin to|
|||period of last year (%)|||||
|||||||Period-end of last year|
|Operating revenue (RMB)|83,602,167.07|14.03%||240,749,333.55||3.86%|
|Net profit attributable to|8,467,387.22|||26,215,339.85|||
|shareholders of the listed company||-23.34%||||40.23%|
|(RMB)|||||||
|Net profit attributable to|||||||
|shareholders of the listed company|||||||
||7,630,829.51|524.84%||23,080,601.52||164.15%|
|after deducting non-recurring gains|||||||
|and losses(RMB)|||||||
|Net cash flow arising from||||34,540,949.11|||
||--|--||||-8.88%|
|operating activities(RMB)|||||||
|Basic earnings per share|0.0285|||0.0882|||
|||-23.39%||||28.20%|
|(RMB/Share)|||||||
|Diluted earnings per share|0.0285|||0.0882|||
|||-23.39%||||28.20%|
|(RMB/Share)|||||||
|Weighted average ROE|0.95%|-0.37%||2.97%||-1.11%|

 Items and amount of extraordinary profit (gains)/losses
√Applicable □Not applicable
In RMB
||||
|-|-|-|
||Amount from year-begin to||
|Item||Note|
||end of the Period||
|Gains/losses from the disposal of non-current asset (including the|27,444.20||

||||
|-|-|-|
|write-off that accrued for impairment of assets)|||
|||Financing income of save-corpus|
|Gains/losses from entrusted investment or assets management|3,120,730.16||
|||floating|
|Other non-operating income and expenditure except for the|||
||20,630.21||
|aforementioned items|||
|Impact on minority shareholders’ equity (post-tax)|34,066.24||
|Total|3,134,738.33|--|

Concerning the extraordinary profit (gain)/loss defined byQ&A Announcement No.1 on Information Disclosure for Companies Offering Their Securities to the Public --- Extraordinary Profit/loss, and the items defined as recurring profit (gain)/loss according to the lists of extraordinary profit (gain)/loss inQ&A Announcement No.1 on Information Disclosure for Companies Offering Their Securities to the Public --- Extraordinary Profit/loss, explain reasons
□ Applicable√ Not applicable
In reporting period, the Company has no particular about items defined as recurring profit (gain)/loss according to the lists of extraordinary profit (gain)/loss inQ&A Announcement No.1 on Information Disclosure for Companies Offering Their Securities to the Public --- Extraordinary Profit/loss.
II. Statement of the total shareholders and shares-held of top ten shareholders at end of the Period
1. Number of common shareholders and preference shareholders with voting rights recovered and top ten common shareholders
In share
|||||||||
|-|-|-|-|-|-|-|-|
|||||Total preference shareholder||s0f||
|Total number of common||||with voting rights recovered||||
|||68,005||||||
|shareholders at the end of report||||||||
|||||at end of reporting period (i||||
|period||||||||
|||||applicable)||||
|Top ten shareholders||||||||
||||||Amount of|Number of share pledged/frozen||
||Nature of|Proportion of|Amount of shares|||||
|Shareholders|||||restricted shares|||
||shareholder|shares held|held|||State of share|Amount|
||||||held|||
|SHENZHENSDG CO., LTD|State-ownedcorporate|49.09%|145,925,256||6,000,000|||
|Shenzhen CapitalFortune JewelryIndustryInvestmentEnterprise(limitedpartnership)|Domesticnon-state-ownedcorporate|23.88%|71,000,000||71,000,000|||
|KGI ASIALIMITED|Foreigncorporation|2.43%|7,223,669|||||

|||||||
|-|-|-|-|-|-|
|UOB Kai Hian(Hongkong) Co.,Ltd.|Foreigncorporation|0.44%|1,308,693|||
|GUOTAIJUNANSECURITIES(HONGKONG)LIMITED|Foreigncorporation|0.37%|1,087,204|||
|Li Boqing|Domestic natureperson|0.22%|640,000|||
|Weng Zhengwen|Foreign natureperson|0.19%|579,028|||
|Li Guangxin|Domestic natureperson|0.11%|314,158|||
|He Xing|Domestic natureperson|0.10%|300,000|||
|Zeng Huiming|Foreign natureperson|0.09%|270,000|||
|Particular about top ten shareholders with un-restrict shares held||||||
|||||Type of shares||
|Shareholders||Amount of un-restrict shares held||||
|||||Type|Amount|
|SHENZHEN SDG CO., LTD||139,925,256||RMB ordinary||
||||||139,925,256|
|||||shares||
|KGI ASIA LIMITED||7,223,669||Domestically||
|||||listed foreign|7,223,669|
|||||shares||
|UOB Kai Hian (Hongkong) Co.,Ltd.||1,308,693||Domestically||
|||||listed foreign|1,308,693|
|||||shares||
|GUOTAI JUNANSECURITIES(HONGKONG)LIMITED||1,087,204||Domestically||
|||||listed foreign|1,087,204|
|||||shares||
|Li Boqing||640,000||RMB ordinary||
||||||640,000|
|||||shares||
|Weng Zhengwen||579,028||Domestically||
|||||listed foreign|579,028|
|||||shares||
|Li Guangxin||314,158||Domestically||
||||||314,158|
|||||listed foreign||

|||||
|-|-|-|-|
|||shares||
|He Xing|300,000|Domestically||
|||listed foreign|300,000|
|||shares||
|Zeng Huiming|270,000|Domestically||
|||listed foreign|270,000|
|||shares||
|Zuo Songchen|259,635|RMB ordinary||
||||259,635|
|||shares||
||Among the top ten shareholders, there exists no associated relationship between the|||
||state-owned legal person’s shareholders Shenzhen SDG Co., Ltd and other shareholders, and|||
|Explanation on associated||||
||they do not belong to the consistent actionist regulated by the Management Measure of|||
|relationship among the top ten||||
||Information Disclosure on Change of Shareholding for Listed Companies. For the other|||
|shareholders or consistent action||||
||shareholders of circulation share, the Company is unknown whether they belong to the|||
||consistent actionist.|||
|Explanation on top ten common||||
|shareholders involving margin|N/A|||
|business (if applicable)||||

Whether top ten common shareholders or top ten common shareholders with un-restrict shares held have a buy-back agreement dealing in reporting period
□ Yes√ No
The top ten common shareholders or top ten common shareholders with un-restrict shares held of the Company have no buy-back agreement dealing in reporting period.
2. Total of shareholders with preferred stock held and the top ten shareholdings
□Applicable √Not applicable
Section III. Important events
I. Particular about major changes from items of main accounting statements and financial indexes as well as reasons
√ Applicable□Not applicable
||||||||
|-|-|-|-|-|-|-|
|Balance Sheet|||||||
|Assets|Closing balance||Opening balance|Amount changed|Ratio changed|Causes|
|Account receivable|2,371,704.69||562,051.31|1,809,653.38|321.97%|Account of vehichle mortgagereceivable from bank of the HuariCompany increased|
|Inventory|8,054,506.83||16,151,336.61|-8,096,829.78|-50.13%|Inventory vehicle of Huari Companydeclined|
|Long-termpayables|3,920,160.36||13,972,779.67|-10,052,619.31|-71.94%|Automobile Industry & CommerceCompany repays the loans toDongfeng Corporation|
|Undistributedprofit|29,957,600.34||3,742,260.49|26,215,339.85|700.52%|Net profit attributable to owners’ ofparent company increased in theperiod|
|Profit statement|||||||
|Item||This cumulative|Same period lastyear|Amount changed|Ratio changed|Causes|
|Business taxes andadditional||2,650,366.07|4,364,159.61|-1,713,793.54|-39.27%|Affected by the policy of replacingbusiness tax with a VAT|
|Managementexpenses||33,043,336.94|21,004,009.73|12,039,327.21|57.32%|At same period of last year,management expenses 8.42 millionYuan were offset due to thetermination of retirement benefitsplans; the accrual time difference forthe benefit salary and annuity andsoaring of the human costs forincreasing the employees andremuneration changed|
|Financial expenses||-120,070.39|5,317,919.97|-5,437,990.36||The loan interest declined and interestrevenue increased|
|Income frominvestment||6,606,617.05|2,772,806.33|3,833,810.72|138.26%|Associated company –ShenzhenZung Fu Tellus Auto-Service Co.,Ltd. and Shenzhen Dongfeng AutoCo., Ltd. gains in the Period andfinancing income increased|

||||||||
|-|-|-|-|-|-|-|
|Income tax expense||1,374,550.92|3,019,169.68|-1,644,618.76|-54.47%|Current income tax declined due tothe y-o-y decrease of profit fromsubsidiary Zhongtian and AutoIndustry & Commerce Company;profit grwoth mainly because parentcompany gains, and there wasundistributed deficit in previous yearwithout affected the current incometax|
|Net profitattributable toshareholders of listedcompanies||26,215,339.85|18,695,130.86|7,520,208.99|40.23%|Profit grwoth mainly because theincome from property leasingincreased, investment income forcorporate structure increased and thedecline of loan interest|
|Cash flow statement|||||||
|Item|This cumulative||Same period lastyear|Amount changed|Ratio changed|Causes|
|Net cash flowarising frominvestmentactivities|-13,171,768.45||-328,409,890.73|315,238,122.28||Less break-even financing products|
|||||||purchased in the Period, and costs of|
|||||||the Shuibei Jewelry Building project|
|||||||decreased on a y-o-y basis|
|Net cash flowarising fromfinancing activities|-16,495,591.67||337,500,271.84|-353,995,863.51||Repayment of loans interest to SDG|
|||||||in the Period; at same period of last|
|||||||year, cash in-flow increased due to|
|||||||the private placement|
|Net increase ofcash and cashequivalent|4,873,715.80||46,995,916.20|-42,122,200.40|-89.63%||

II. Progress and influence of the main events as well as solution analysis specification
√ Applicable□Not applicable
The company has received the “Notification letter about Shenzhen SDG Co., Ltd. plans to reduce holding some shares of Tellus A” issued by the controlling shareholder Shenzhen SDG Co., Ltd. (hereinafter referred to as “SDG”) on April 11, 2016, SDG plans to reduce holding at most 5,945,632 shares of the Company (accounting for no more than2% of theCompany’s total capital) by aggregate auction within 6 months 15 days after the date of announcement. SDG completed the underweight plan of Tellus A on 29 September 2016
||||
|-|-|-|
|||Information index for temporary reportdisclosure|
|Overview|Date for disclosure||
|Shenzhen SDG Co., Ltd. plans to reduceholding some shares of Tellus A||"Securities Times", "Hong Kong|
||2016-04-12|Commercial Daily" and|
|||www.cninfo.com.cn: No. 2016-020 –|

||||
|-|-|-|
|||“Announcement on controlling|
|||shareholders’ plan for reducing holding|
|||shares of Shenzhen Tellus (Group) Co.,|
|||Ltd.”|
|Shenzhen SDG Co., Ltd. plans to reduceholding some shares of Tellus A||"Securities Times", "Hong Kong|
|||Commercial Daily" and|
|||www.cninfo.com.cn: No. 2016-039 –|
||2016-06-01||
|||“Announcement on Reducing Stake in|
|||Shenzhen Tellus Holding Co., Ltd. from|
|||Controlling Shareholder”|
|Shenzhen SDG Co., Ltd. plans to reduceholding some shares of Tellus A||”Announcement on Reducing Stake in|
|||Shenzhen Tellus Holding Co., Ltd. from|
|||Controlling Shareholder and Completion|
||2016-10-10|of Underweight Plan” (Notice No.:|
|||2016-074) released on "Securities Times",|
|||"Hong Kong Commercial Daily" and|
|||www.cninfo.com.cn|

III. Commitments that the company, shareholders, actual controller, offeror, directors, supervisors, senior management or other related parties have fulfilled during the reporting period and have not yet fulfilled by the end of reporting period
√Applicable□ Not applicable
||||||||
|-|-|-|-|-|-|-|
|||Type of|||||
|Commitmen||||Commitmen|Commitm|Implementa|
||Promise|commitment|Content of commitments||||
|ts||||t date|ent term|tion|
|||s|||||
||||(I) Commitments during the work of Share Merger||||
||||Reform of the Company:||||
||||1. Commitments on Lock-up period||||
||||(1) In accordance with the Measures for the||||
||||Administration of the Share Merger Reform of||||
|||||||Other|
||||Listed Companies, SDG would abide by the various||||
|||||||commitmen|
||||laws, regulations and rules, and perform its||||
|||||||t has|
||||statutory commitment duty. (2) Apart from the||||
|||||||completed,|
|Commitmen||Commitmen|above-mentioned statutory commitment, SDG also||||
|||||||the|
|ts for share|SDG|ts for share|made the following special commitment: with 36|2005-12-25|Long-term||
|merger||merger||||incentive|
|reform||reform|months since the day the reform plan starts to take||||
|||||||mechanism|
||||effect, SDG would not list at Shenzhen Stock||||
|||||||was|
||||Exchange and sell the shares of Tellus it held||||
|||||||immunity|
||||(except for the shares used to promote the||||
|||||||to perform|
||||administration level of Tellus). (3) The||||
||||administration level would abide by the laws,||||
||||regulations and rules, and perform its statutory||||
||||commitment duty. (4) SDG made the commitment:||||
||||“The Promiser hereby promises that, if the Promiser||||

|||||||
|-|-|-|-|-|-|
|||failed to fulfill its commitment or not fully fulfill its||||
|||commitment, it would compensate other||||
|||shareholders for their losses suffered thereafter”. (5)||||
|||SDG declared: “The Promiser would dutifully||||
|||fulfill its commitments and shoulder corresponding||||
|||legal responsibilities. The Promiser would transfer||||
|||the shares held by it only if the assignee agree and||||
|||have the ability to shoulder the commitment||||
|||responsibility.”||||
|||2. Special commitment concerning the incentive||||
|||mechanism||||
|||In order to effectively boost the core management||||
|||level and business backbones for long, SDG would||||
|||take out its shares, not exceeding 10% in total||||
|||number after the Share Merger Reform, and apply||||
|||them to the boost of the administration level. The||||
|||shares would be sold to the Company’s||||
|||administrative level over 3 years, with the selling||||
|||price being the net asset value per share audited||||
|||during the period nearest to the implementation.||||
|||Before the implementation of the promoting plan by||||
|||share selling each year, the administration level||||
|||must prepay the Company a risk responsibility||||
|||fund, i.e. 20% of the planned selling price; Should||||
|||the work of the performance examination set by the||||
|||Board failed to be finished, the paid risk||||
|||responsibility fund would not be refunded and shall||||
|||be owned by the Company. Detailed rules||||
|||concerning the limitations on the administration||||
|||level, such as the subscription conditions and risk||||
|||responsibility fund, and boost plans would be set by||||
|||the Board and submitted to relevant departments for||||
|||approval. The implementation of the shares for||||
|||promoting would be conducted strictly according to||||
|||relevant laws and regulations, and the circulation||||
|||conditions of these shares would be in conformity||||
|||with relevant regulations set by the Shenzhen Stock||||
|||Exchange.||||
|||3. Relevant expenses of this Share Merger Reform||||
|||of Tellus would be paid by SDG.||||
|||SDG, the controlling shareholder of the Company,||||
||Commitmen|||||
||ts for|made a special commitment of incentive|||Immunity|
|SDG|||2014-06-26|2016-6-30||
||Share|||||
|||mechanism in Share Merger Reform. After that|||to perform|
||Merger|||||
|||SASAC and Ministry of Finance jointly issued a||||

||||||||
|-|-|-|-|-|-|-|
|||Reform|“Trial Approach of Equity Incentive for||||
||||State-Owned Listed Companies”, and CSRC issued||||
||||the “Incentive Management on Shares of Listed||||
||||Companies (Trial)”, after comparison, the above||||
||||mentioned commitments made by SDG are out of||||
||||the relevant regulations and requirement, relevant||||
||||commitments are not implemented as a result. On||||
||||26 June 2014, the Company actively||||
||||communicating with SDG, and promised that on the||||
||||premise of subjecting to applicable laws and||||
||||regulations and supervision requirements, continues||||
||||to support the Company promote a long-term||||
||||incentive plan as soon as possible in stead of the||||
||||commitments made in share merger reform, and||||
||||complete the long-term incentive plan before 30||||
||||June 2016. At that time, the long-term incentive||||
||||plan shall be implemented after submit for||||
||||deliberation in General Meeting.||||
|Commitmen|||||||
|ts in report|||||||
|of|||||||
|acquisition|||||||
|or equity|||||||
|change|||||||
|Commitmen|||||||
|ts in assets|||||||
|reorganizati|||||||
|on|||||||
||||The commitments to the fulfillment of information||||
||||disclosure about the company business||||
||||development are as follows: except for the||||
|Commitmen|||information has been disclosed publicly, the||||
||ShenZhen||||||
|ts make in|||Company has not had the disclosed information||||
||Tellus|||||Implementi|
|initial public||Other|about asset acquisition and business development|2014-10-17|Long-term||
||Holding|||||ng|
|offering or|||that has not been disclosed within one year. In the||||
||Co.,Ltd||||||
|re-financing|||future, the company shall timely, accurately and||||
||||adequately disclose the relevant information||||
||||according to the progress of new business and the||||
||||related requirements.||||
|Equity|||||||
|incentive|||||||
|commitment|||||||
|Other|SDG|Horizontal|In order to avoid the horizontal competition, the|2014-05-26|Long-term|Implementi|

||||||||
|-|-|-|-|-|-|-|
|commitment||Competition|company’s controlling shareholder, Shenzhen SDG|||ng|
|s for|||||||
||||Co., Ltd., has issued the “commitment letter about||||
|medium and|||||||
|small|||the avoidance of horizontal competition” on May||||
|shareholders|||||||
||||26, 2014. The full commitment letter is as follows:||||
||||1. The Company and other enterprises controlled by||||
||||the Company except Test Rite Group haven’t||||
||||occupied in any business that could substantially||||
||||compete with the main businesses of Tellus Group,||||
||||and have no horizontal competition relationship||||
||||with Tellus Group.||||
||||From 2014 to 2016, the company’s profits will first||||
||||be used to cover the losses of previous years; after||||
||||making up for losses of previous years, in the||||
||||premise that the company’s profits and cash flow||||
||||can meet the company's normal operations and||||
||||long-term development, reward shareholders, the||||
||||company will implement positive profit distribution||||
||||approaches to reward the shareholders, details are||||
||||as follows: 1. The company’s profit distribution can||||
||||adopt cash, stock or the combination of cash and||||
||||stock or other methods permitted by law. The||||
||||foreign currency conversion rates of domestically||||
||||listed foreign shares dividend are calculated||||
||||according to the standard price of HK dollar against||||
||||RMB announced by People's Bank of China on the||||
||ShenZhen||first working day after the resolution date of the||||
|||Commitmen|||||
||Tellus||shareholders' meeting. The company prefers to||2016-12-3|Implementi|
|||ts for||2014-06-03|||
||Holding||adopt the cash dividends to distribute profits. In||1|ng|
|||dividend|||||
||Co.,Ltd||order to maintain the adaptability between capital||||
||||expansion and performance growth, in the premise||||
||||of ensuring the full cash dividend distributions and||||
||||the rationality of equity scale and equity structure,||||
||||the company can adopt the stock dividend methods||||
||||to distribute profits. 2. According to the "Company||||
||||Law" and other relevant laws and the provisions of||||
||||the company’s "Articles of Association", following||||
||||conditions should be satisfied when the company||||
||||implements cash dividends: (1) the company's||||
||||annual distributable profits (i.e. the after-tax profits||||
||||after making up for losses and withdrawing||||
||||accumulation funds) are positive value, the||||
||||implementation of cash dividends will not affect the||||
||||company's subsequent continuing operations; (2)||||
||||the audit institution issues the standard audit report||||

||
|-|
|with clean opinion to the company's annual|
|financial report; (3) the company has no significant|
|investment plans or significant cash outlay (except|
|for fund-raising projects). Major investment plans|
|or significant cash outlay refer to: the accumulated|
|expenditures the company plans to used for|
|investments abroad, acquisition of assets, or|
|purchase of equipments within the next 12 months|
|reach or exceed 30% of the net assets audited in the|
|latest period. 3. In the premise of meeting the|
|conditions of cash dividends and ensuring the|
|company’s normal operation and long-term|
|development, the company makes cash dividends|
|once a year in principle, the company’s board of|
|directors can propose the company to make interim|
|cash dividends in accordance with the company's|
|profitability and capital demand conditions. The|
|proportion of cash dividends in profits available for|
|distribution and in distribution of profits should|
|meet the following requirements: (1) in principle,|
|the company’s profits distributed in cash every year|
|should not be less than 10% of profit available for|
|distribution realized in the same year, and the|
|company’s profits accumulatively distributed in|
|cash in the last three years should not be less than|
|30% of the annual average profit available for|
|distribution realized in the last three years. (2) if the|
|company’s development stage belongs to mature|
|stage and there is no significant capital expenditure|
|arrangement, when distributing profits, the|
|minimum proportion of cash dividends in this profit|
|distribution should be 80%; (3) if the company’s|
|development stage belongs to mature stage and|
|there are significant capital expenditure|
|arrangements, when distributing profits, the|
|minimum proportion of cash dividends in this profit|
|distribution should be 40%; (4) if the company’s|
|development stage belongs to growth stage and|
|there are significant capital expenditure|
|arrangements, when distributing profits, the|
|minimum proportion of cash dividends in this profit|
|distribution should be 20%; when the company's|
|development stage is not easy to be differed but|
|there are significant capital expenditure|

||||
|-|-|-|
|||arrangements, please handle according to the|
|||preceding provisions. 4. On the condition of|
|||meeting the cash dividend distribution, if the|
|||company's operation revenue and net profit grow|
|||fast, and the board of directors considers that the|
|||company’s equity scale and equity structure are|
|||reasonable, the company can propose and|
|||implement the dividend distribution plans except|
|||proposing the cash dividend distribution plans.|
|||When allocating stock dividend every time, the|
|||stock dividend per 10 shares should be no less than|
|||1 share. Stock allocation can be implemented|
|||individually or in combination of cash dividends.|
|||When confirming the exact amount of profit|
|||distribution by stock, the company should fully|
|||consider if the general capital after profit|
|||distribution by stock matches with the company’s|
|||current operation scale and profit growth rate and|
|||consider the impact on future financing so as to|
|||make sure the allocation plans meet the overall|
|||interests of all shareholders.|
|Completed|||
|on|Y||
|time(Y/N)|||
|If the|||
|commitment|||
|s is not|||
|fulfilled on|||
|time, shall|||
||Not applicable||
|explain the|||
|specify|||
|reason and|||
|the next|||
|work plan|||

IV. Estimation of operation performance for year of 2016
Estimation of accumulative net profit from the beginning of the year to the end of next report period to be loss probably or the warning of its material change compared with the corresponding period of the last year and explanation of reason
□Applicable √Not applicable
V. Particular about security investment
□ Applicable√ Not applicable
The Company had no security investment in Period.
VI. Particulars about derivatives investment
□ Applicable√ Not applicable
The Company had no derivatives investment in Period.
VII. Registration form for receiving research, communication and interview in the report period
□ Applicable√ Not applicable
No registration form for receiving research, communication or interview in the Period.
VIII. Guarantee outside against the regulation
□Applicable√Not applicable
The Company had no guarantee outside against the regulation in the reporting period.
IX. Non-operational fund occupation from controlling shareholders and its related party□ Applicable√ Not applicable
The Company had no non-operational fund occupation form controlling shareholders and its related party in the period.
Section IV. Financial Statement
I. Financial statement
1. Consolidated Balance Sheet
Prepared by Shenzhen Tellus Holding Co., Ltd
In RMB
||||
|-|-|-|
|Items|Closing balance|Opening balance|
|Current assets:|||
|Monetary funds|164,058,426.73|159,184,710.93|
|Settlement provisions|||
|Capital lent|||
|Financial assets measured by fair|||
|value and whose change is recorded in|||
|current gains and losses|||
|Derivative financial liability|||
|Notes receivable|||
|Accounts receivable|2,371,704.69|562,051.31|
|Accounts paid in advance|8,228,194.71|6,454,769.40|
|Insurance receivable|||
|Reinsurance receivables|||
|Contract reserve of reinsurance|||
|receivable|||
|Interest receivable||348,833.33|
|Dividend receivable|||
|Other receivables|9,967,724.31|11,128,001.89|
|Purchase restituted finance asset|||
|Inventories|8,054,506.83|16,151,336.61|
|Divided into assets held ready for|||
|sales|||
|Non-current asset due within one|||
|year|||
|Other current assets|145,519,674.72|165,565,445.21|
|Total current assets|338,200,231.99|359,395,148.68|
|Non-current assets:|||

||||
|-|-|-|
|Granted loans and advances|||
|Finance asset available for sales|10,478,985.77|10,478,985.77|
|Held-to-maturity investment|||
|Long-term account receivable|||
|Long-term equity investment|205,646,228.36|220,180,721.29|
|Investment property|78,724,901.90|82,100,133.48|
|Fixed assets|130,839,375.58|136,583,565.00|
|Construction in progress|321,135,325.60|279,056,650.35|
|Engineering material|||
|Disposal of fixed asset|||
|Productive biological asset|||
|Oil and gas asset|||
|Intangible assets|53,967,276.67|52,985,273.37|
|Expense on Research and|||
|Development|||
|Goodwill|||
|Long-term expenses to be|||
||1,430,409.28|1,499,006.24|
|apportioned|||
|Deferred income tax asset|24,459,236.66|24,488,443.31|
|Other non-current asset|1,900,000.00|1,900,000.00|
|Total non-current asset|828,581,739.82|809,272,778.81|
|Total assets|1,166,781,971.81|1,168,667,927.49|
|Current liabilities:|||
|Short-term loans|||
|Loan from central bank|||
|Absorbing deposit and interbank|||
|deposit|||
|Capital borrowed|||
|Financial liability measured by fair|||
|value and with variation reckoned into|||
|current gains/losses|||
|Derivative financial liability|||
|Notes payable|||
|Accounts payable|21,245,494.85|27,417,068.61|
|Accounts received in advance|8,877,019.81|11,460,807.66|
|Selling financial asset of|||

||||
|-|-|-|
|repurchase|||
|Commission charge and|||
|commission payable|||
|Wage payable|21,977,131.78|19,639,738.81|
|Taxes payable|8,981,217.39|10,043,901.26|
|Interest payable|||
|Dividend payable|||
|Other accounts payable|182,611,185.44|193,797,786.68|
|Reinsurance payables|||
|Insurance contract reserve|||
|Security trading of agency|||
|Security sales of agency|||
|Divided into liability held ready|||
|for sale|||
|Non-current liabilities due within 1|||
|year|||
|Other current liabilities|||
|Total current liabilities|243,692,049.27|262,359,303.02|
|Non-current liabilities:|||
|Long-term loans|||
|Bonds payable|||
|Including: preferred stock|||
|Perpetual capital|||
|securities|||
|Long-term account payable|3,920,160.36|13,972,779.67|
|Long-term wages payable|||
|Special accounts payable|||
|Projected liabilities|||
|Deferred income|||
|Deferred income tax liabilities|294,054.59|478,085.12|
|Other non-current liabilities|13,837,229.65|13,269,356.04|
|Total non-current liabilities|18,051,444.60|27,720,220.83|
|Total liabilities|261,743,493.87|290,079,523.85|
|Owner’s equity:|||
|Share capital|297,281,600.00|297,281,600.00|

||||
|-|-|-|
|Other equity instrument|||
|Including: preferred stock|||
|Perpetual capital|||
|securities|||
|Capital public reserve|564,192,605.51|564,192,605.51|
|Less: Inventory shares|||
|Other comprehensive income|||
|Reasonable reserve|||
|Surplus public reserve|2,952,586.32|2,952,586.32|
|Provision of general risk|||
|Retained profit|29,957,600.34|3,742,260.49|
|Total owner’s equity attributable to|894,384,392.17|868,169,052.32|
|parent company|||
|Minority interests|10,654,085.77|10,419,351.32|
|Total owner’s equity|905,038,477.94|878,588,403.64|
|Total liabilities and owner’s equity|1,166,781,971.81|1,168,667,927.49|

 Legal representative: Lv Hang
Person in charge of accounting works: Yang Jianping
Person in charge of Accounting Institution: Ke Wensheng
2. Balance Sheet of parent company
In RMB
||||
|-|-|-|
|Item|Balance at period-end|Balance at period-begin|
|Current assets:|||
|Monetary funds|108,500,701.59|80,301,551.68|
|Financial assets measured by fair|||
|value and whose change is recorded in|||
|current gains and losses|||
|Derivative financial liability|||
|Notes receivable|||
|Accounts receivable|||
|Accounts paid in advance|122,280.00|101,280.00|
|Interest receivable||348,833.33|
|Dividend receivable|||
|Other receivables|94,994,874.50|93,744,827.52|
|Inventories|||
|Divided into assets held ready for|||
|sales|||

||||
|-|-|-|
|Non-current asset due within one year|||
|Other current assets|140,000,000.00|145,000,000.00|
|Total current assets|343,617,856.09|319,496,492.53|
|Non-current assets:|||
|Finance asset available for sales|10,176,617.20|10,176,617.20|
|Held-to-maturity investment|||
|Long-term account receivable|||
|Long-term equity investment|678,592,495.75|682,223,207.17|
|Investment real estate|50,494,543.30|52,808,715.01|
|Fixed assets|16,507,990.34|17,096,105.47|
|Construction in progress|362,279.69|362,279.69|
|Engineering material|||
|Disposal of fixed asset|||
|Productive biological asset|||
|Oil and gas asset|||
|Intangible assets|401,192.97|478,422.33|
|Expense on Research and Development|||
|Goodwill|||
|Long-term expenses to be apportioned|252,523.14|31,644.20|
|Deferred income tax asset|13,917,989.59|13,947,196.24|
|Other non-current asset|||
|Total non-current asset|770,705,631.98|777,124,187.31|
|Total assets|1,114,323,488.07|1,096,620,679.84|
|Current liabilities:|||
|Short-term loans|||
|Financial liability measured by fair|||
|value and with variation reckoned into|||
|current gains/losses|||
|Derivative financial liability|||
|Notes payable|||
|Accounts payable|||
|Accounts received in advance|1,261,904.73||
|Wage payable|4,554,923.41|5,247,871.02|
|Taxes payable|592,517.86|592,579.23|
|Interest payable|||

||||
|-|-|-|
|Dividend payable|||
|Other accounts payable|318,298,878.49|320,935,774.45|
|Divided into liability held for sale|||
|Non-current liabilities due within 1|||
|year|||
|Other current liabilities|||
|Total current liabilities|324,708,224.49|326,776,224.70|
|Non-current liabilities:|||
|Long-term loans|||
|Bonds payable|||
|Including: preferred stock|||
|Perpetual capital|||
|securities|||
|Long-term account payable|||
|Long-term wages payable|||
|Special accounts payable|||
|Projected liabilities|||
|Deferred income|||
|Deferred income tax liabilities|||
|Other non-current liabilities|||
|Total non-current liabilities|||
|Total liabilities|324,708,224.49|326,776,224.70|
|Owners’ equity:|||
|Share capita|297,281,600.00|297,281,600.00|
|Other equity instrument|||
|Including: preferred stock|||
|Perpetual capital|||
|securities|||
|Capital public reserve|560,999,182.23|560,999,182.23|
|Less: Inventory shares|||
|Other comprehensive income|||
|Reasonable reserve|||
|Surplus reserve|2,952,586.32|2,952,586.32|
|Retained profit|-71,618,104.97|-91,388,913.41|
|Total owner’s equity|789,615,263.58|769,844,455.14|

||||
|-|-|-|
|Total liabilities and owner’s equity|1,114,323,488.07|1,096,620,679.84|

 3. Consolidated Profit Statement (this report period)
In RMB
||||
|-|-|-|
|Item|Current Period|Last Period|
|I. Total operating income|83,602,167.07|73,318,969.97|
|Including: Operating income|83,602,167.07|73,318,969.97|
|Interest income|||
|Insurance gained|||
|Commission charge and commission|||
|income|||
|II. Total operating cost|75,859,504.57|62,658,959.82|
|Including: Operating cost|59,891,629.56|52,890,404.70|
|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|||
|Operating tax and extras|246,639.86|1,516,494.43|
|Sales expenses|3,891,996.50|3,240,724.46|
|Administration expenses|12,238,309.82|4,223,093.43|
|Financial expenses|-409,071.17|788,242.80|
|Losses of devaluation of asset|||
|Add: Changing income of fair value(Loss|||
|is listed with “-”)|||
|Investment income (Loss is listed with|1,506,046.09|2,148,416.23|
|“-”)|||
|Including: Investment income on|677,104.98|762,114.87|
|affiliated company and joint venture|||
|Exchange income (Loss is listed|||
|with “-”)|||
|III. Operating profit (Loss is listed with|||
||9,248,708.59|12,808,426.38|
|“-”)|||
|Add: Non-operating income|8,560.80|33,203.05|
|Including: Disposal gains of|||
||577.67|114.31|
|non-current asset|||

||||
|-|-|-|
|Less: Non-operating expense|2.45|3,757.34|
|Including: Disposal loss of|||
|non-current asset|||
|IV. Total Profit (Loss is listed with “-”)|9,257,266.94|12,837,872.09|
|Less: Income tax expense|776,681.80|1,818,452.37|
|V. Net profit (Net loss is listed with “-”)|8,480,585.14|11,019,419.72|
|Net profit attributable to owner’s of|||
||8,467,387.22|11,044,774.84|
|parent company|||
|Minority shareholders’ gains and|||
||13,197.92|-25,355.12|
|losses|||
|VI. Net after-tax of other comprehensive|||
|income|||
|Net after-tax of other comprehensive|||
|income attributable to owners of parent|||
|company|||
|(I) Other comprehensive income|||
|items which will not be reclassified|||
|subsequently to profit of loss|||
|1. Changes as a result of|||
|re-measurement of net defined benefit|||
|plan liability or asset|||
|2. Share of the other|||
|comprehensive income of the investee|||
|accounted for using equity method which|||
|will not be reclassified subsequently to|||
|profit and loss|||
|(II) Other comprehensive income|||
|items which will be reclassified|||
|subsequently to profit or loss|||
|1. Share of the other|||
|comprehensive income of the investee|||
|accounted for using equity method which|||
|will be reclassified subsequently to profit|||
|or loss|||
|2. Gains or losses arising|||
|from changes in fair value of|||
|available-for-sale financial assets|||
|3. Gains or losses arising|||
|from reclassification of held-to-maturity|||
|investment as available-for-sale financial|||

||||
|-|-|-|
|assets|||
|4. The effect hedging portion|||
|of gains or losses arising from cash flow|||
|hedging instruments|||
|5. Translation differences|||
|arising on translation of foreign currency|||
|financial statements|||
|6. Other|||
|Net after-tax of other comprehensive|||
|income attributable to minority|||
|shareholders|||
|VII. Total comprehensive income|8,480,585.14|11,019,419.72|
|Total comprehensive income|8,467,387.22||
|||11,044,774.84|
|attributable to owners of parent Company|||
|Total comprehensive income|13,197.92||
|||-25,355.12|
|attributable to minority shareholders|||
|VIII. Earnings per share:|||
|(i) Basic earnings per share|0.0285|0.0372|
|(ii) Diluted earnings per share|0.0285|0.0372|

 Enterprise combine under the same control in the Period, the combined party realized net profit of 0 Yuan before combination, and realized 0 Yuan at last period for combined party
Legal representative: Lv Hang
Person in charge of accounting works: Yang Jianping
Person in charge of Accounting Institution: Ke Wensheng
4. Profit Statement of parent company (this report period)
In RMB
||||
|-|-|-|
|Item|Current Period|Last Period|
|I. Operating income|10,544,125.08|7,506,170.12|
||899,813.96|936,470.47|
|Less: operating cost|||
|Operating tax and extras|55,693.33|420,345.54|
|Sales expenses|||
||5,298,464.40|4,039,059.62|
|Administration expenses|||
||-15,694.57|962,004.03|
|Financial expenses|||
|Losses of devaluation of asset|||
|Add: Changing income of fairvalue(Loss is listed with “-”)|||
|Investment income (Loss is listed with“-”)|917,542.39|1,598,806.44|
|Including: Investment income onaffiliated company and joint venture|89,377.99|647,957.13|
|II. Operating profit (Loss is listed|5,223,390.35|2,747,096.90|

||||
|-|-|-|
|with “-”)|||
|Add: Non-operating income||2.10|
|Including: Disposal gains of|||
|non-current asset|||
|Less: Non-operating expense|||
|Including: Disposal loss of|||
|non-current asset|||
|III. Total Profit (Loss is listed with|||
||5,223,390.35|2,747,099.00|
|“-”)|||
|Less: Income tax expense|9,735.55|9,735.55|
|IV. Net profit (Net loss is listed with|||
||5,213,654.80|2,737,363.45|
|“-”)|||
|V. Net after-tax of other comprehensive|||
|income|||
|(I) Other comprehensive income|||
|items which will not be reclassified|||
|subsequently to profit of loss|||
|1. Changes as a result of|||
|re-measurement of net defined benefit|||
|plan liability or asset|||
|2. Share of the other|||
|comprehensive income of the investee|||
|accounted for using equity method|||
|which will not be reclassified|||
|subsequently to profit and loss|||
|(II) Other comprehensive income|||
|items which will be reclassified|||
|subsequently to profit or loss|||
|1. Share of the other|||
|comprehensive income of the investee|||
|accounted for using equity method|||
|which will be reclassified subsequently|||
|to profit or loss|||
|2. Gains or losses arising|||
|from changes in fair value of|||
|available-for-sale financial assets|||
|3. Gains or losses arising|||
|from reclassification of held-to-maturity|||
|investment as available-for-sale|||
|financial assets|||

||||
|-|-|-|
|4. The effect hedging|||
|portion of gains or losses arising from|||
|cash flow hedging instruments|||
|5. Translation differences|||
|arising on translation of foreign|||
|currency financial statements|||
|6. Other|||
|VI. Total comprehensive income|5,213,654.80|2,737,363.45|
|VII. Earnings per share:|||
|(i) Basic earnings per share|0.0175|0.0092|
|(ii) Diluted earnings per share|0.0175|0.0092|

 5. Consolidated profit statement (year-begin to end of this period)
In RMB
||||
|-|-|-|
|Item|Current Period|Last Period|
|I. Total operating income|240,749,333.55|231,810,751.81|
|Including: Operating income|240,749,333.55|231,810,751.81|
|Interest income|||
|Insurance gained|||
|Commission charge and commission|||
|income|||
|II. Total operating cost|219,579,399.79|213,277,142.08|
|Including: Operating cost|172,714,010.44|169,829,908.61|
|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|||
|Operating tax and extras|2,650,366.07|4,364,159.61|
|Sales expenses|11,291,756.73|12,761,144.16|
|Administration expenses|33,043,336.94|21,004,009.73|
|Financial expenses|-120,070.39|5,317,919.97|
|Losses of devaluation of asset|||

||||
|-|-|-|
|Add: Changing income of fair value(Loss|||
|is listed with “-”)|||
|Investment income (Loss is listed with|6,606,617.05|2,772,806.33|
|“-”)|||
|Including: Investment income on|||
||3,485,886.89|1,231,847.44|
|affiliated company and joint venture|||
|Exchange income (Loss is listed|||
|with “-”)|||
|III. Operating profit (Loss is listed with|||
||27,776,550.81|21,306,416.06|
|“-”)|||
|Add: Non-operating income|53,841.70|81,965.15|
|Including: Disposal gains of|||
||28,682.04|17,208.33|
|non-current asset|||
|Less: Non-operating expense|5,767.29|41,075.27|
|Including: Disposal loss of|||
||1,237.84|37,300.18|
|non-current asset|||
|IV. Total Profit (Loss is listed with “-”)|27,824,625.22|21,347,305.94|
|Less: Income tax expense|1,374,550.92|3,019,169.68|
|V. Net profit (Net loss is listed with “-”)|26,450,074.30|18,328,136.26|
|Net profit attributable to owner’s of|||
||26,215,339.85|18,695,130.86|
|parent company|||
|Minority shareholders’ gains and|||
||234,734.45|-366,994.60|
|losses|||
|VI. Net after-tax of other comprehensive|||
|income|||
|Net after-tax of other comprehensive|||
|income attributable to owners of parent|||
|company|||
|(I) Other comprehensive income|||
|items which will not be reclassified|||
|subsequently to profit of loss|||
|1. Changes as a result of|||
|re-measurement of net defined benefit|||
|plan liability or asset|||
|2. Share of the other|||
|comprehensive income of the investee|||
|accounted for using equity method which|||
|will not be reclassified subsequently to|||
|profit and loss|||
|(II) Other comprehensive income|||

||||
|-|-|-|
|items which will be reclassified|||
|subsequently to profit or loss|||
|1. Share of the other|||
|comprehensive income of the investee|||
|accounted for using equity method which|||
|will be reclassified subsequently to profit|||
|or loss|||
|2. Gains or losses arising|||
|from changes in fair value of|||
|available-for-sale financial assets|||
|3. Gains or losses arising|||
|from reclassification of held-to-maturity|||
|investment as available-for-sale financial|||
|assets|||
|4. The effect hedging portion|||
|of gains or losses arising from cash flow|||
|hedging instruments|||
|5. Translation differences|||
|arising on translation of foreign currency|||
|financial statements|||
|6. Other|||
|Net after-tax of other comprehensive|||
|income attributable to minority|||
|shareholders|||
|VII. Total comprehensive income|26,450,074.30|18,328,136.26|
|Total comprehensive income|||
||26,215,339.85|18,695,130.86|
|attributable to owners of parent Company|||
|Total comprehensive income|||
||234,734.45|-366,994.60|
|attributable to minority shareholders|||
|VIII. Earnings per share:|||
|(i) Basic earnings per share|0.0882|0.0688|
|(ii) Diluted earnings per share|0.0882|0.0688|

 Enterprise combine under the same control in the Period, the combined party realized net profit of 0 Yuan before combination, and realized 0 Yuan at last period for combined party
6. Profit Statement of parent company (year-begin to end of this period)
In RMB
||||
|-|-|-|
|Item|Current Period|Last Period|
|I. Operating income|32,198,383.11|24,564,430.18|

||||
|-|-|-|
||2,686,818.35|2,797,064.96|
|Less: operating cost|||
|Operating tax and extras|850,431.88|1,375,608.08|
|Sales expenses|||
||14,493,743.07|10,657,039.59|
|Administration expenses|||
||38,005.81|4,496,841.46|
|Financial expenses|||
|Losses of devaluation of asset|||
|Add: Changing income of fair|||
|value(Loss is listed with “-”)|||
|Investment income (Loss is listed with|5,670,631.08|2,384,794.35|
|“-”)|||
|Including: Investment income on|2,669,288.58|1,279,287.51|
|affiliated company and joint venture|||
|II. Operating profit (Loss is listed|19,800,015.08|7,622,670.44|
|with “-”)|||
|Add: Non-operating income|0.01|2.10|
|Including: Disposal gains of|||
|non-current asset|||
|Less: Non-operating expense|||
|Including: Disposal loss of|||
|non-current asset|||
|III. Total Profit (Loss is listed with|||
||19,800,015.09|7,622,672.54|
|“-”)|||
|Less: Income tax expense|29,206.65|29,206.65|
|IV. Net profit (Net loss is listed with|||
||19,770,808.44|7,593,465.89|
|“-”)|||
|V. Net after-tax of other comprehensive|||
|income|||
|(I) Other comprehensive income|||
|items which will not be reclassified|||
|subsequently to profit of loss|||
|1. Changes as a result of|||
|re-measurement of net defined benefit|||
|plan liability or asset|||
|2. Share of the other|||
|comprehensive income of the investee|||
|accounted for using equity method|||
|which will not be reclassified|||
|subsequently to profit and loss|||
|(II) Other comprehensive income|||
|items which will be reclassified|||
|subsequently to profit or loss|||
|1. Share of the other|||

||||
|-|-|-|
|comprehensive income of the investee|||
|accounted for using equity method|||
|which will be reclassified subsequently|||
|to profit or loss|||
|2. Gains or losses arising|||
|from changes in fair value of|||
|available-for-sale financial assets|||
|3. Gains or losses arising|||
|from reclassification of held-to-maturity|||
|investment as available-for-sale|||
|financial assets|||
|4. The effect hedging|||
|portion of gains or losses arising from|||
|cash flow hedging instruments|||
|5. Translation differences|||
|arising on translation of foreign|||
|currency financial statements|||
|6. Other|||
|VI. Total comprehensive income|19,770,808.44|7,593,465.89|
|VII. Earnings per share:|||
|(i) Basic earnings per share|0.0665|0.0280|
|(ii) Diluted earnings per share|0.0665|0.0280|

 7. Consolidated Cash Flow Statement (year-begin to end of this period)
In RMB
||||
|-|-|-|
|Item|Current Period|Last Period|
|I. Cash flows arising from operating|||
|activities:|||
|Cash received from selling commodities|244,037,171.68|247,996,280.49|
|and providing labor 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|||
|Net increase of amount from disposal|||
|financial assets that measured by fair|||
|value and with variation reckoned into|||
|current gains/losses|||

||||
|-|-|-|
|Cash received from interest,|||
|commission charge and commission|||
|Net increase of capital borrowed|||
|Net increase of returned business|||
|capital|||
|Write-back of tax received|||
|Other cash received concerning|||
||31,649,864.23|38,803,328.28|
|operating activities|||
|Subtotal of cash inflow arising from|||
||275,687,035.91|286,799,608.77|
|operating activities|||
|Cash paid for purchasing|||
|commodities and receiving labor|143,284,565.42|124,429,614.48|
|service|||
|Net increase of customer loans and|||
|advances|||
|Net increase of deposits in central|||
|bank and interbank|||
|Cash paid for original insurance|||
|contract compensation|||
|Cash paid for interest, commission|||
|charge and commission|||
|Cash paid for bonus of guarantee|||
|slip|||
|Cash paid to/for staff and workers|45,521,147.58|39,164,297.75|
|Taxes paid|18,831,501.76|14,756,537.59|
|Other cash paid concerning|||
||33,508,872.04|70,543,619.10|
|operating activities|||
|Subtotal of cash outflow arising from|||
||241,146,086.80|248,894,068.92|
|operating activities|||
|Net cash flows arising from operating|||
||34,540,949.11|37,905,539.85|
|activities|||
|II. Cash flows arising from investing|||
|activities:|||
|Cash received from recovering|||
||235,800,000.00|218,400,000.00|
|investment|||
|Cash received from investment|||
||11,567,683.11|7,787,479.44|
|income|||
|Net cash received from disposal of||195,140.57|

||||
|-|-|-|
|fixed, intangible and other long-term|||
|assets|||
|Net cash received from disposal of|||
|subsidiaries and other units|||
|Other cash received concerning|||
|investing activities|||
|Subtotal of cash inflow from investing|||
||247,367,683.11|226,382,620.01|
|activities|||
|Cash paid for purchasing fixed,|||
||44,239,451.56|116,392,510.74|
|intangible and other long-term assets|||
|Cash paid for investment|216,300,000.00|438,400,000.00|
|Net increase of mortgaged loans|||
|Net cash received from|||
|subsidiaries and other units obtained|||
|Other cash paid concerning|||
|investing activities|||
|Subtotal of cash outflow from investing|||
||260,539,451.56|554,792,510.74|
|activities|||
|Net cash flows arising from investing|||
||-13,171,768.45|-328,409,890.73|
|activities|||
|III. Cash flows arising from financing|||
|activities|||
|Cash received from absorbing|||
|||635,500,000.00|
|investment|||
|Including: Cash received from|||
|absorbing minority shareholders’|||
|investment by subsidiaries|||
|Cash received from loans||24,698,215.03|
|Cash received from issuing bonds|||
|Other cash received concerning|||
|financing activities|||
|Subtotal of cash inflow from financing|||
|||660,198,215.03|
|activities|||
|Cash paid for settling debts||317,595,765.58|
|Cash paid for dividend and profit|||
||16,495,591.67|4,665,177.61|
|distributing or interest paying|||
|Including: Dividend and profit of|||
|minority shareholder paid by|||

||||
|-|-|-|
|subsidiaries|||
|Other cash paid concerning|||
|||437,000.00|
|financing activities|||
|Subtotal of cash outflow from financing|||
||16,495,591.67|322,697,943.19|
|activities|||
|Net cash flows arising from financing|||
||-16,495,591.67|337,500,271.84|
|activities|||
|IV. Influence on cash and cash|||
|equivalents due to fluctuation in|126.81|-4.76|
|exchange rate|||
|V. Net increase of cash and cash|||
||4,873,715.80|46,995,916.20|
|equivalents|||
|Add: Balance of cash and cash|||
||159,184,710.93|80,045,669.65|
|equivalents at the period -begin|||
|VI. Balance of cash and cash|||
||164,058,426.73|127,041,585.85|
|equivalents at the period -end|||

8. Cash Flow Statement of parent company (year-begin to end of this period)
In RMB
||||
|-|-|-|
|Item|Current Period|Last Period|
|I. Cash flows arising from operating|||
|activities:|||
|Cash received from selling|||
|commodities and providing labor|43,930,329.68|25,064,357.57|
|services|||
|Write-back of tax received|||
|Other cash received concerning|||
||29,521,045.68|60,212,217.85|
|operating activities|||
|Subtotal of cash inflow arising from|||
||73,451,375.36|85,276,575.42|
|operating activities|||
|Cash paid for purchasing|||
|commodities and receiving labor|||
|service|||
|Cash paid to/for staff and workers|12,826,665.62|11,901,652.33|
|Taxes paid|3,055,212.65|2,725,836.90|
|Other cash paid concerning|||
||26,914,233.99|41,317,280.76|
|operating activities|||
|Subtotal of cash outflow arising from|||
||42,796,112.26|55,944,769.99|
|operating activities|||

||||
|-|-|-|
|Net cash flows arising from operating|||
||30,655,263.10|29,331,805.43|
|activities|||
|II. Cash flows arising from investing|||
|activities:|||
|Cash received from recovering|||
||205,000,000.00|150,000,000.00|
|investment|||
|Cash received from investment|||
||9,301,342.50|7,405,506.84|
|income|||
|Net cash received from disposal of|||
|fixed, intangible and other long-term|||
|assets|||
|Net cash received from disposal of|||
|subsidiaries and other units|||
|Other cash received concerning|||
|investing activities|||
|Subtotal of cash inflow from investing|||
||214,301,342.50|157,405,506.84|
|activities|||
|Cash paid for purchasing fixed,|||
||261,864.02|552,442.65|
|intangible and other long-term assets|||
|Cash paid for investment|200,000,000.00|575,000,000.00|
|Net cash received from|||
|subsidiaries and other units|||
|Other cash paid concerning|||
|investing activities|||
|Subtotal of cash outflow from investing|||
||200,261,864.02|575,552,442.65|
|activities|||
|Net cash flows arising from investing|||
||14,039,478.48|-418,146,935.81|
|activities|||
|III. Cash flows arising from financing|||
|activities|||
|Cash received from absorbing|||
|||635,500,000.00|
|investment|||
|Cash received from loans|||
|Cash received from issuing bonds|||
|Other cash received concerning|||
|financing activities|||
|Subtotal of cash inflow from financing|||
|||635,500,000.00|
|activities|||

||||
|-|-|-|
|Cash paid for settling debts||202,600,000.00|
|Cash paid for dividend and profit|||
||16,495,591.67|3,630,720.91|
|distributing or interest paying|||
|Other cash paid concerning|||
|||437,000.00|
|financing activities|||
|Subtotal of cash outflow from financing|||
||16,495,591.67|206,667,720.91|
|activities|||
|Net cash flows arising from financing|||
||-16,495,591.67|428,832,279.09|
|activities|||
|IV. Influence on cash and cash|||
|equivalents due to fluctuation in|||
|exchange rate|||
|V. Net increase of cash and cash|||
||28,199,149.91|40,017,148.71|
|equivalents|||
|Add: Balance of cash and cash|||
||80,301,551.68|26,441,746.73|
|equivalents at the period -begin|||
|VI. Balance of cash and cash|||
||108,500,701.59|66,458,895.44|
|equivalents at the period -end|||

II. Audit report
Whether the third quarter report was audited or not
□Yes√No
The third quarter report of the Company has not been audited.