Chongqing Jianshe Motorcycle Co., Ltd. The 1st Quarterly Report 2015 (Full Text) Chongqing Jianshe Motorcycle Co., Ltd.
st
The 1 Quarterly Report 2015
2015-032
April 2015
Chongqing Jianshe Motorcycle Co., Ltd. The 1st Quarterly Report 2015 (Full Text) Chapter I. Important Statement
The Board of Directors and the directors of the Company guarantee that there are no significant omissions, fictitious or misleading statements carried in the Report and we will accept individual and joint responsibilities for the truthfulness, accuracy and completeness of the Report.
All directors presented at the Board Meeting on which this report was examined:
Mr. Li Huaguang, the Legal Representative of the Company, Mr. Teng Feng, the Financial Officer, Mr. Liao Jian, the manager of accounting department, hereby declare: the truthfulness and completeness of the Financial Report are guaranteed.
Chongqing Jianshe Motorcycle Co., Ltd. The 1st Quarterly Report 2015 (Full Text) Chapter II. Financial Highlights and Change of Shareholders I. Main accounting data and indices
Are there any retrospective adjustment or restatement of financial information of previous year due to change of accounting policies or correcting of accounting errors?
[] Yes[V] No
|||||
|-|-|-|-|
|||Same period last||
||This report term||Increase/decrease (%)|
|||year||
|Turnover (RMB)|355,351,388.28|460,489,423.26|-22.83%|
|Net profit attributable to shareholders of the listed|-16,904,008.56|-34,743,761.48||
||||-51.35%|
|company (yuan)||||
|Net profit attributable to the shareholders of the listed||||
|company and after deducting of non-recurring|-17,459,103.30|-34,898,544.16|-49.97%|
|gain/loss(RMB)||||
|Net Cash flow generated by business operation (RMB)|5,981,111.44|58,140,760.62|-89.71%|
|Basic earnings per share (Yuan/share)|-0.1416|-0.2910|-51.35%|
|Diluted earnings per share (Yuan/share)|-0.1416|-0.2910|-51.35%|
|Net income on asset, weighted|-190.59%|-25.93%|-164.66%|
||Ended this report||Changed at end of report period|
|||End of prev. year||
||term||over end of previous period|
|Gross Assets (RMB)|2,495,781,186.77|2,389,211,010.43|4.46%|
|Net asset attributable to owners of the PLC|417,188.05|17,321,196.61|-97.59%|

 Non-recurring gain/loss items and amounts
[V] ApplicableNot applicable
In RMB Yuan
||||
|-|-|-|
||Amount of the period from the||
|Items|beginning of year to the end of|Remarks|
||report term||
|Gains and losses included in the current period of government subsidies, excluding those|||
|government grants which are closely related to normal business and in line with national|370,000.00||
|policy , or in accordance with fixed standards or quantities|||
|Gain/loss from debt reorganization|143,035.05||
|Other non-business income and expenditures other than the above|42,059.69||
|Total|555,094.74|--|

None of non-recurring gain/loss items recognized as recurring gain/loss items as defined by the Information
Disclosure Explanatory Announcement No.1– Non-recurring gain/loss in the report period.
Chongqing Jianshe Motorcycle Co., Ltd. The 1st Quarterly Report 2015 (Full Text) II. Total of shareholders and top-10 holders of current shares at end of period
1 Position of shareholders and top-10 holders at end of the report period
In shares
||||||||
|-|-|-|-|-|-|-|
|Total common shareholders at|||||||
||10,893||||||
|the end of the report period|||||||
|Top 10 common share holders|||||||
|||||Amount of|Frozen or pledged||
|||Share|Amount of||||
|Name of the shareholder|Properties of shareholder|||unconditional shares|Status of||
|||proportion %|shares|||Amount|
|||||held|shares||
|China Southern Industry GroupCo., Ltd.|State-owned legal person|71.13%|84,906,250|84,906,250|||
|Gu Zuocheng|Domestic natural person|1.89%|2,218,750|2,218,750|||
|Anhui Hengsheng EconomicDevelopment Group Co., Ltd.|Domesticnon-state-owned legalperson|1.47%|1,750,000|1,750,000|||
|Feng Yonghui|Domestic natural person|0.42%|500,000|500,000|||
|Liu Dan|Domestic natural person|0.97%|1,161,801|0|||
|Shanghai Hong Kong WanguoSecurities|Overseas legal person|0.73%|875,800|0|||
|Zeng Qinghua|Domestic natural person|0.37%|438,601|0|||
|Chen Houping|Domestic natural person|0.33%|395,465|0|||
|Hu Zhihong|Domestic natural person|0.31%|366,864|0|||
|Guo Dongjiang|Domestic natural person|0.29%|343,435|0|||

|||||
|-|-|-|-|
|Top 10 Holders of Unrestricted Shares||||
|||Category of shares||
|Name of the shareholder|Number of unrestricted shares held|||
|||Category of shares|Amount|
|Liu Dan|1,161,801|Foreign shares placed in domestic exchange|1,161,801|
|Shanghai Hong KongWanguo Securities|875,800|||
|||Foreign shares placed in domestic exchange|875,800|
|Zeng Qinghua|438,601|Foreign shares placed in domestic exchange|438,601|
|Chen Houping|395,465|Foreign shares placed in domestic exchange|395,465|
|Hu Zhihong|366,864|Foreign shares placed in domestic exchange|366,864|
|郭东江|343,435|Foreign shares placed in domestic exchange|343,435|
|赵云|340,885|Foreign shares placed in domestic exchange|340,885|
|Zhang Huai‟an|330,000|Foreign shares placed in domestic exchange|330,000|
|Xue Fang|270,000|Foreign shares placed in domestic exchange|270,000|
|He Lizhuan|232,025|Foreign shares placed in domestic exchange|232,025|
|Notes to relationship or|There isn‟t any associated relationship between the sponsoring shareholder and the other shareholders|||
|“action in concert”|among the top-10 list. None of them are regarded as „Acting in concert‟ in accordance with „The rules of|||
|among the top ten|information disclosure on change of shareholding.‟ Foreign shareholders are unknown for their condition|||
|shareholders.|of „Associated relationship‟ and „Acting in concert‟.|||

There was not any repurchasing deal made between any of the top 10 shareholders and top 10 holders of unrestricted shares in the report period
2 Total of shareholders and top-10 preferential shareholders at end of the report period
[] Applicable;[V] Not applicable
Chongqing Jianshe Motorcycle Co., Ltd. The 1st Quarterly Report 2015 (Full Text) Chapter III. Significant Issues
I. Particulars and causations of material change in major accounting items and indices
[] Applicable;[V] Not applicable
II. Analyze of significant issues and solutions
[] Applicable;[V] Not applicable
III. Commitment issues of shareholders with5% or over of shares occurred in the report period or carried down from previous report periods
|||||||
|-|-|-|-|-|-|
|Comitment|Party of|Content of|Date of|Term of||
||||||Status of fulfilling|
|issue|commitment|Commitments|commitment|commitment||
|Othercommitmentsto mid-smallshareholders|According to “The Official Order for Chongqing Jianshe Motorcycle Co.,||||On April 23, 2015, the Board of|
||Ltd. to Rectify Inappropriate Operations” [2014]No.4 (referred as “The||||Directors adopted proposal to|
||Order”), the Company announced its rectification plans on September 12, and||||provide asset impairment provision|
||committed to implement the following measurements within given times:||||and neutralizing of related debts. It|
||A number of unsettled receivable accounts, other receivable accounts, and||||was decided to provide provisions|
||prepayment accounts amongst the 10 affiliated sales companies and over 200||||on the receivable accounts and other|
||direct-operated sales shops have been existed for a long period of time. The||||receivable accoutns under Sales Co.,|
||Company commits to clarify those unrecoverable accounts by providing of bad||||the fully-owned subsidiary, and its|
||debt provisions in full amounts before disclosing of the Annual Report 2014.||||branch shops. (for details please go|
||As for those receivable accounts with long ages, the Company will be||||to announcement released April 28,|
||performing accounting treatments under the verification of legal departments.||||2015)|
|Whether the||||||
|commitment|Yes|||||
|fulfilled duly||||||

IV. Business forecasting for Jan-Jun 2015
Alert of loss or significant change in net profit from the beginning of year to the end of next report period or comparing with the same period of last year, and statement of causations.
[] Applicable;[V] Not applicable
V. Securities investment
No securities investment in the report period.
Chongqing Jianshe Motorcycle Co., Ltd. The 1st Quarterly Report 2015 (Full Text) VI. Statement on holding of otherPLCs’ shares
The Company was not holding shares of any other PLC as of the end of report period.
VII. Investment on derivate instruments
No derivate instrument investment in the report period.
VIII. Reception of investigations, communications, or interviews
|||||||
|-|-|-|-|-|-|
|Time/date|Place|Way|Type of visitors|Visitors|Main content involved and material provided|
||||||Q: The Company was losing money in the past|
||||||three quarters. Will it be losing for the whole year?|
|||Telephone||||
||The||||When will the business prospect be released?|
|Jan 26 2015||communicatio|Individual|Investor||
||Company||||A: The Company will release business prospect|
|||n||||
||||||before the end of January. Please go to the|
||||||information disclosed by the Company.|

Chongqing Jianshe Motorcycle Co., Ltd. The 1st Quarterly Report 2015 (Full Text) Chapter IV. Financial Statements
I. Financial Statements
1. Consolidated Balance Sheet
Prepared by: Chongqing Jianshe Motorcycle Co., Ltd.
March 31, 2015
In RMB Yuan
||||
|-|-|-|
|Items|Closing balance|Opening balance|
|Current asset:|||
|Monetary capital|311,440,066.74|192,918,049.28|
|Settlement provision|||
|Outgoing call loan|||
|Financial assets accounted at fair value and fluctuation accounted into current income|||
|Deductive financial assets|||
|Notes receivable|73,647,246.40|45,673,753.36|
|Account receivable|233,471,317.21|255,013,689.72|
|Prepayment|31,364,942.95|23,181,893.00|
|Insurance receivable|||
|Reinsurance receivable|||
|Provisions of Reinsurance contracts receivable|||
|Interest receivable|||
|Dividend receivable|||
|Other account receivable|15,609,270.20|15,618,940.96|
|Repurchasing of financial assets|||
|Inventories|293,458,594.10|277,612,004.04|
|Categorized as asset hold for sale|||
|Non-current asset due in 1 year|||
|Other current asset|16,592,106.45|20,102,069.93|
|Total of current asset|975,583,544.05|830,120,400.29|
|Non-current assets|||
|Loans and payment on other’s behalf disbursed|||
|Sellable financial asset|||
|Expired investment in possess|||
|Long-term receivable|||
|Long-term share equity investment|662,333,967.13|686,110,128.77|
|Investment real estates|||
|Fixed assets|710,783,950.02|715,930,693.00|
|Construction in process|8,678,418.76|16,315,153.10|
|Engineering goods|||
|Fixed asset disposal|||
|Production physical assets|||
|Gas & petrol|||
|Intangible assets|88,676,443.21|92,488,110.55|
|R&D expense|38,199,880.07|36,689,261.07|
|Goodwill|||
|Long-term amortizable expenses|7,768,854.41|7,801,134.53|
|Deferred income tax asset|3,756,129.12|3,756,129.12|
|Other non-current asset|||
|Total of non-current assets|1,520,197,642.72|1,559,090,610.14|
|Total of assets|2,495,781,186.77|2,389,211,010.43|
|Current liabilities|||
|Short-term loans|695,500,000.00|803,500,000.00|
|Loan from Central Bank|||
|Deposit received and hold for others|||

Chongqing Jianshe Motorcycle Co., Ltd. The 1st Quarterly Report 2015 (Full Text)
||||
|-|-|-|
|Call loan received|||
|Financial liabilities booked as current gain/loss at fair value|||
|Deductive financial liability|||
|Notes payable|802,854,000.00|560,011,000.00|
|Account payable|600,240,349.19|588,221,381.72|
|Advances received|15,031,119.44|19,883,635.95|
|Selling of repurchased financial assets|||
|Fees and commissions receivable|||
|Employees’ wage payable|3,833,588.40|3,068,735.80|
|Tax payable|137,195,463.12|136,504,668.13|
|Interest payable|||
|Dividend payable|||
|Other account payable|7,380,138.93|24,887,424.31|
|Reinsurance fee payable|||
|Insurance contract provision|||
|Entrusted trading of securities|||
|Entrusted selling of securities|||
|Liabilities categorized as hold for sale|||
|Non-current liability due in 1 year|79,000,000.00|111,000,000.00|
|Other current liability|||
|Total of current liability|2,341,034,659.08|2,247,076,845.91|
|Non-current liabilities|||
|Long-term borrowings|150,500,000.00|121,000,000.00|
|Bond payable|||
|Incl. Preference Shares|||
|Perpetual liability|||
|Long-term payable|||
|Long-term employee wage payable|||
|Special payable|||
|Expected liabilities|3,226,654.00|3,226,654.00|
|Differed income|||
|Deferred income tax liability|||
|Other non-recurring liabilities|||
|Total of non-current liabilities|153,726,654.00|124,226,654.00|
|Total of liability|2,494,761,313.08|2,371,303,499.91|
|Owners‟ equity:|||
|Share capital|119,375,000.00|119,375,000.00|
|Other equity instruments|||
|Incl. Preference Shares|||
|Perpetual liability|||
|Capital reserves|960,515,317.59|960,515,317.59|
|Less: Shares in stock|||
|Other misc incomes|||
|Special reserves|||
|Surplus reserves|125,686,000.00|125,686,000.00|
|Common risk provision|||
|Retained profit|-1,205,159,129.54|-1,188,255,120.98|
|Total of owner’s equity belong to the parent company|417,188.05|17,321,196.61|
|Minor shareholders’ equity|602,685.64|586,313.91|
|Total of owners’ equity|1,019,873.69|17,907,510.52|
|Total of liabilities and owners’ equity|2,495,781,186.77|2,389,211,010.43|

 Legal representative: Li Huaguang CFO: Teng Feng Accounting Manager: Liao Jian
Chongqing Jianshe Motorcycle Co., Ltd. The 1st Quarterly Report 2015 (Full Text) 2. Balance Sheet of the Parent Company
In RMB Yuan
||||
|-|-|-|
|Items|Closing balance|Opening balance|
|Current asset:|||
|Monetary capital|148,010,002.74|91,357,585.62|
|Financial assets accounted at fair value and fluctuation accounted into current income|||
|Deductive financial assets|||
|Notes receivable|19,632,213.75|29,995,643.90|
|Account receivable|3,813,474.01|26,337,349.85|
|Prepayment|17,111,022.80|9,953,627.54|
|Interest receivable|||
|Dividend receivable|||
|Other account receivable|259,563,342.71|242,329,759.01|
|Inventories|82,180,241.20|63,334,869.40|
|Categorized as asset hold for sale|||
|Non-current asset due in 1 year|||
|Other current asset|12,292,552.33|12,315,142.81|
|Total of current asset|542,602,849.54|475,623,978.13|
|Non-current assets|||
|Sellable financial asset|||
|Expired investment in possess|||
|Long-term receivable|||
|Long-term share equity investment|810,105,503.71|833,881,665.35|
|Investment real estates|||
|Fixed assets|556,346,469.11|580,792,688.69|
|Construction in process|2,646,916.76|15,962,346.19|
|Engineering goods|||
|Fixed asset disposal|||
|Production physical assets|||
|Gas & petrol|||
|Intangible assets|76,433,573.05|80,167,159.69|
|R&D expense|38,199,880.07|36,689,261.07|
|Goodwill|||
|Long-term amortizable expenses|2,751,885.16|2,420,539.48|
|Deferred income tax asset|||
|Other non-current asset|||
|Total of non-current assets|1,486,484,227.86|1,549,913,660.47|
|Total of assets|2,029,087,077.40|2,025,537,638.60|
|Current liabilities|||
|Short-term loans|403,000,000.00|546,000,000.00|
|Financial liabilities booked as current gain/loss at fair value|||
|Deductive financial liability|||
|Notes payable|380,004,000.00|240,011,000.00|
|Account payable|574,419,529.16|562,631,216.39|
|Advances received|3,738,647.67|3,927,911.39|
|Employees’ wage payable|2,057,092.83|1,844,709.68|
|Tax payable|135,336,161.65|135,863,482.56|
|Interest payable|||
|Dividend payable|||
|Other account payable|224,503,991.46|203,369,913.46|
|Liabilities categorized as hold for sale|||
|Non-current liability due in 1 year|28,000,000.00|28,000,000.00|
|Other current liability|||
|Total of current liability|1,751,059,422.77|1,721,648,233.48|
|Non-current liabilities|||
|Long-term borrowings|111,500,000.00|114,000,000.00|
|Bond payable|||

Chongqing Jianshe Motorcycle Co., Ltd. The 1st Quarterly Report 2015 (Full Text)
||||
|-|-|-|
|Incl. Preference Shares|||
|Perpectual liability|||
|Long-term payable|||
|Long-term employee wage payable|||
|Special payable|||
|Expected liabilities|3,226,654.00|3,226,654.00|
|Differed income|||
|Deferred income tax liability|||
|Other non-recurring liabilities|||
|Total of non-current liabilities|114,726,654.00|117,226,654.00|
|Total of liability|1,865,786,076.77|1,838,874,887.48|
|Owners‟ equity:|||
|Share capital|119,375,000.00|119,375,000.00|
|Other equity instruments|||
|Incl. Preference Shares|||
|Perpectual liability|||
|Capital reserves|958,575,094.29|958,575,094.29|
|Less: Shares in stock|||
|Other misc incomes|||
|Special reserves|||
|Surplus reserves|125,686,000.00|125,686,000.00|
|Retained profit|-1,040,335,093.66|-1,016,973,343.17|
|Total of owners’ equity|163,301,000.63|186,662,751.12|
|Total of liabilities and owners’ equity|2,029,087,077.40|2,025,537,638.60|

 3. Consolidated Income Statement
In RMB Yuan
||||
|-|-|-|
||Occurred current|Occurred in previous|
|Items|||
||term|term|
|I. Total revenue|355,351,388.28|460,489,423.26|
|Incl. Business income|355,351,388.28|460,489,423.26|
|Interest income|||
|Insurance fee earned|||
|Fee and commission received|||
|II. Total business cost|381,384,387.54|497,613,462.53|
|Incl. Business cost|306,007,074.58|404,788,307.74|
|Interest expense|||
|Fee and commission paid|||
|Insurance discharge payment|||
|Net claim amount paid|||
|Net insurance policy reserves provided|||
|Insurance policy dividend paid|||
|Reinsurance expenses|||
|Business tax and surcharge|234,498.00|5,109,145.26|
|Sales expense|22,440,371.24|25,477,204.57|
|Administrative expense|33,036,758.48|41,730,669.27|
|Financial expenses|19,665,685.24|20,508,135.69|
|Asset impairment loss|||
|Plus: gains from change of fair value (“-“ for loss)|||
|Investment gains (“-“ for loss)|8,723,838.36|2,140,517.82|
|Incl. Investment gains from affiliates|8,723,838.36|2,140,517.82|
|Exchange gains (“-“ for loss)|||
|III. Operational profit (“-“ for loss)|-17,309,160.90|-34,983,521.45|
|Plus: Non business income|632,644.74|247,850.80|
|Incl. Gains from disposal of non-current assets|||
|Less: Non-business expenses|77,550.00|93,068.12|
|Incl. Loss from disposal of non-current assets||93,068.12|
|IV. Gross profit (“-“ for loss)|-16,754,066.16|-34,828,738.77|
|Less: Income tax expenses|133,570.67||
|V. Net profit (“-“ for net loss)|-16,887,636.83|-34,828,738.77|
|Net profit attributable to the owners of parent company|-16,904,008.56|-34,743,761.48|

Chongqing Jianshe Motorcycle Co., Ltd. The 1st Quarterly Report 2015 (Full Text)
||||
|-|-|-|
|Minor shareholders’ equity|16,371.73|-84,977.29|
|VI. Net amount of other gains after tax|||
|Net amount of other gains after tax attributable to owners of parent company|||
|(I) Other gains not able to be relocated to gain/loss afterward|||
|1. Change of net liability or asset of beneficiary plan from recalculating|||
|2. The share of other gains in invested entities under equity basis which are|||
|not able to be relocated to gain/loss categories|||
|(II) Other gains which will be relocated to gain/loss in the future|||
|1. The share of other gains in invested entities under equity basis which are|||
|to be relocated to gain/loss categories|||
|2. Gain/loss from change of fair value of sellable financial asset|||
|3. Gain/loss from relocating of investment held to mature which is relocated|||
|to sellable financial asset|||
|4. Effective part of gain/loss from cash flow hedge operation|||
|5. Difference in translating of foreign currency accounts|||
|6. Others|||
|Net amount of other gains after tax attributable to minority shareholders|||
|VII. Total of integrated income|-16,887,636.83|-34,828,738.77|
|Total of misc. incomes attributable to the owners of the parent company|-16,904,008.56|-34,743,761.48|
|Total misc gains attributable to the minor shareholders|16,371.73|-84,977.29|
|VIII. Earning per share|||
|(I) Basic earnings per share|-0.1416|-0.2910|
|(II) Diluted earnings per share|-0.1416|-0.2910|

 If there are entities merged under common control, their net profit realized before the merger were totaled toRMB***. While it wasRMB*** previous period.
Legal representative: Li Huaguang CFO: Teng Feng Accounting Manager: Liao Jian
4. Income Statement of the Parent Co.
In RMB Yuan
||||
|-|-|-|
||Occurred current|Occurred in previous|
|Items|||
||term|term|
|I. Turnover|277,992,340.65|360,032,048.65|
|Less: Operation cost|271,091,091.34|345,365,356.41|
|Business tax and surcharge||3,933,331.73|
|Sales expense|3,707,440.43|4,099,401.69|
|Administrative expense|23,193,593.98|31,993,368.87|
|Financial expenses|12,127,313.44|16,227,073.32|
|Asset impairment loss|||
|Plus: gains from change of fair value (“-“ for loss)|||
|Investment gains (“-“ for loss)|8,723,838.36|2,140,517.82|
|Incl. Investment gains from affiliates|8,723,838.36|2,140,517.82|
|II. Operational profit (“-“ for loss)|-23,403,260.18|-39,445,965.55|
|Plus: Non business income|111,509.69|82,863.80|
|Incl. Gains from disposal of non-current assets|||
|Less: Non-business expenses|70,000.00||
|Incl. Loss from disposal of non-current assets|||
|III. Total profit (“-“ for loss)|-23,361,750.49|-39,363,101.75|
|Less: Income tax expenses|||
|IV. Net profit (“-“ for net loss)|-23,361,750.49|-39,363,101.75|
|V. Net amount of other gains after tax|||
|(I) Other gains not able to be relocated to gain/loss afterward|||
|1. Change of net liability or asset of beneficiary plan from recalculating|||
|2. The share of other gains in invested entities under equity basis which are|||
|not able to be relocated to gain/loss categories|||
|(II) Other gains which will be relocated to gain/loss in the future|||
|1. The share of other gains in invested entities under equity basis which are|||
|to be relocated to gain/loss categories|||
|2. Gain/loss from change of fair value of sellable financial asset|||

Chongqing Jianshe Motorcycle Co., Ltd. The 1st Quarterly Report 2015 (Full Text)
||||
|-|-|-|
|3. Gain/loss from relocating of investment held to mature which is relocated|||
|to sellable financial asset|||
|4. Effective part of gain/loss from cash flow hedge operation|||
|5. Difference in translating of foreign currency accounts|||
|6. Others|||
|VI. Total of other gains|-23,361,750.49|-39,363,101.75|
|VII. Earning per share|||
|(I) Basic earnings per share|-0.1957|-0.3297|
|(II) Diluted earnings per share|-0.1957|-0.3297|

 5. Consolidated Cash Flow Statement
In RMB Yuan
||||
|-|-|-|
||Occurred current|Amount of previous|
|Items|||
||term|period|
|I. Net cash flow from business operation|||
|Cash received from sales of products and providing of services|210,773,831.67|275,508,412.54|
|Net increase of customer deposits and capital kept for brother company|||
|Net increase of loans from central bank|||
|Net increase of inter-bank loans from other financial bodies|||
|Cash received against original insurance contract|||
|Net cash received from reinsurance business|||
|Net increase of client deposit and investment|||
|Net increased amount of financial assets on fair value and with changes|||
|accounted into current gain/loss|||
|Cash received as interest, processing fee, and commission|||
|Net increase of inter-bank fund received|||
|Net increase of repurchasing business|||
|Tax returned|2,201,755.21|5,070,669.77|
|Other cash received from business operation|2,308,166.72|2,124,357.78|
|Sub-total of cash inflow from business activities|215,283,753.60|282,703,440.09|
|Cash paid for purchasing of merchandise and services|149,302,310.21|137,897,014.91|
|Net increase of client trade and advance|||
|Net increase of savings in central bank and brother company|||
|Cash paid for original contract claim|||
|Cash paid for interest, processing fee and commission|||
|Cash paid for policy dividend|||
|Cash paid to staffs or paid for staffs|44,780,031.79|49,225,204.98|
|Taxes paid|2,120,242.49|19,393,785.71|
|Other cash paid for business activities|13,100,057.67|18,046,673.87|
|Sub-total of cash outflow from business activities|209,302,642.16|224,562,679.47|
|Cash flow generated by business operation, net|5,981,111.44|58,140,760.62|
|II. Cash flow generated by investing|||
|Cash received from investment retrieving|||
|Cash received as investment gains|32,500,000.00||
|Net cash retrieved from disposal of fixed assets, intangible assets, and other|||
|||600.00|
|long-term assets|||
|Net cash received from disposal of subsidiaries or other operational units|||
|Other investment-related cash received|||
|Sub-total of cash inflow due to investment activities|32,500,000.00|600.00|
|Cash paid for construction of fixed assets, intangible assets and other long-term|||
||10,043,152.13|2,150,002.87|
|assets|||
|Cash paid as investment|||
|Net increase of loan against pledge|||
|Net cash received from subsidiaries and other operational units|||
|Other cash paid for investment activities|||
|Sub-total of cash outflow due to investment activities|10,043,152.13|2,150,002.87|
|Net cash flow generated by investment|22,456,847.87|-2,149,402.87|
|III. Cash flow generated by financing|||
|Cash received as investment|||
|Incl. Cash received as investment from minor shareholders|||
|Cash received as loans|204,000,000.00|290,850,000.00|

Chongqing Jianshe Motorcycle Co., Ltd. The 1st Quarterly Report 2015 (Full Text)
||||
|-|-|-|
|Cash received from bond placing|||
|Other financing-related cash received|368,105,303.76|273,001,231.35|
|Subtotal of cash inflow from financing activities|572,105,303.76|563,851,231.35|
|Cash to repay debts|314,500,000.00|396,075,444.96|
|Cash paid as dividend, profit, or interests|31,106,682.52|20,974,677.36|
|Incl. Dividend and profit paid by subsidiaries to minor shareholders|||
|Other cash paid for financing activities|226,676,691.00|340,570,135.40|
|Subtotal of cash outflow due to financing activities|572,283,373.52|757,620,257.72|
|Net cash flow generated by financing|-178,069.76|-193,769,026.37|
|IV. Influence of exchange rate alternation on cash and cash equivalents|207,404.73|170,424.37|
|V. Net increase of cash and cash equivalents|28,467,294.28|-137,607,244.25|
|Plus: Balance of cash and cash equivalents at the beginning of term|35,555,585.06|170,222,347.76|
|VI. Balance of cash and cash equivalents at the end of term|64,022,879.34|32,615,103.51|

 6. Cash Flow Statement of the Parent Co.
In RMB Yuan
||||
|-|-|-|
||Occurred current|Occurred in previous|
|Items|||
||term|term|
|I. Net cash flow from business operation|||
|Cash received from sales of products and providing of services|113,480,428.69|208,523,741.97|
|Tax returned|834,940.19|2,753,664.19|
|Other cash received from business operation|1,009,187.18|805,276.38|
|Sub-total of cash inflow from business activities|115,324,556.06|212,082,682.54|
|Cash paid for purchasing of merchandise and services|141,111,969.26|115,492,624.53|
|Cash paid to staffs or paid for staffs|36,635,617.08|39,321,978.39|
|Taxes paid|287,830.13|4,858,305.83|
|Other cash paid for business activities|4,513,361.59|5,783,888.13|
|Sub-total of cash outflow from business activities|182,548,778.06|165,456,796.88|
|Cash flow generated by business operation, net|-67,224,222.00|46,625,885.66|
|II. Cash flow generated by investing|||
|Cash received from investment retrieving|||
|Cash received as investment gains|32,500,000.00||
|Net cash retrieved from disposal of fixed assets, intangible assets, and other|||
|long-term assets|||
|Net cash received from disposal of subsidiaries or other operational units|||
|Other investment-related cash received|||
|Sub-total of cash inflow due to investment activities|32,500,000.00||
|Cash paid for construction of fixed assets, intangible assets and other long-term|||
||1,623,632.13|2,082,114.87|
|assets|||
|Cash paid as investment|||
|Net cash received from subsidiaries and other operational units|||
|Other cash paid for investment activities|||
|Sub-total of cash outflow due to investment activities|1,623,632.13|2,082,114.87|
|Net cash flow generated by investment|30,876,367.87|-2,082,114.87|
|III. Cash flow generated by financing|||
|Cash received as investment|||
|Cash received as loans|134,000,000.00|220,000,000.00|
|Cash received from bond placing|||
|Other financing-related cash received|607,038,750.02|523,773,829.21|
|Subtotal of cash inflow from financing activities|741,038,750.02|743,773,829.21|
|Cash to repay debts|279,500,000.00|308,000,000.00|
|Cash paid as dividend, profit, or interests|18,630,983.09|15,654,077.17|
|Other cash paid for financing activities|398,952,000.00|592,783,718.46|
|Subtotal of cash outflow due to financing activities|697,082,983.09|916,437,795.63|
|Net cash flow generated by financing|43,955,766.93|-172,663,966.42|
|IV. Influence of exchange rate alternation on cash and cash equivalents|||
|V. Net increase of cash and cash equivalents|7,607,912.80|-128,120,195.63|
|Plus: Balance of cash and cash equivalents at the beginning of term|22,292,965.15|148,232,292.69|
|VI. Balance of cash and cash equivalents at the end of term|29,900,877.95|20,112,097.06|

Chongqing Jianshe Motorcycle Co., Ltd. The 1st Quarterly Report 2015 (Full Text) II.Auditors’ Report
This
1st
Quarterly Report is not audited.