SHENZHEN CHIWAN PETROLEUM SUPPLY BASE CO., LTD.
FULL TEXT OF THIRD QUARTERLY REPORT OF 2015 Part I Important Notice
The Board of Directors, the Board of Supervisors, directors, supervisors and senior management guarantee that there are no omissions, misstatement, or misleading information in this quarterly report. The directors, supervisors and senior management are responsible, individually and jointly, for the authenticity, accuracy and integrity of the information herein.
All directors attended the board meeting.
Mr. Tian Junyan, Chairman of the Board, Mdm. Yu Zhongxia, Deputy General Manager&Financial Controller and Mdm. Sun Yuhui, Financial Manager, all guarantee the authenticity and integrity of the financial result in this report.
The report is written in both Chinese and English. In case of conflict between the two versions, Chinese version shall prevail.
PART II Major Accounting Data and Change of Shareholders I. Major Accounting Data
||||||
|-|-|-|-|-|
||September 30,|December 31, 2014||Change（%）|
||2015|Before Adjustment|After Adjustment|After Adjustment|
|Total Assets(RMB)|5,539,125,123.37|5,389,629,871.81|5,389,629,871.81|2.77%|
|Owner‟s Equity Attributed to|1,732,031,150.67|1,690,486,032.37|1,690,486,032.37||
|Shareholders of Listed||||2.46%|
|Company(RMB)|||||
||July to||January to||
|||Change（%）||Change（%）|
||September, 2015||September, 2015||
|Operating Revenue(RMB)|170,600,550.00|-8.47%|477,719,622.68|-10.98%|
|Net Profit Attributed to|28,165,868.96|||-57.48%|
|Shareholders of Listed Company||-40.33%|70,795,802.44||
|(RMB)|||||
|Net profit after deducting|||||
|non-recurring gains&|27,854,136.96|-52.93%|67,377,756.53|-61.53%|
|losses(RMB)|||||
|Net Cash Flows from Operating||--||-21.61%|
||--||231,954,433.51||
|Activities(RMB)|||||
|Basic Earnings per Share|0.12|||-56.94%|
|||-40.00%|0.31||
|(RMB/Share)|||||
|Diluted Earnings per Share|Inapplicable|||Inapplicable|
|||Inapplicable|Inapplicable||
|(RMB/Share)|||||
|Weighted Average Return on|||||
||1.62%|-2.06%|4.01%|-7.47%|
|Equity（%）|||||

Note:
Blogis (Hongkong) Limited has acquired100% equity of China Huitong (H.K.) Limited in October, 2014. According to the Accounting Standards for Business Enterprises (the “ASBEs”), the acquisition results in changes of consolidation scope due to business combination involving enterprises under common control and restating the financial report for the third quarter of 2014.
Items of Non-recurring Gains and Losses
√ Applicable□Inapplicable
Unit: RMB
|||
|-|-|
|Item|January to September, 2015|
|Disposal of non-current assets, including the part offset with the provision for||
||-137,604.24|
|impairment of assets||
|Government grants recognized in current year‟s profit or loss (except for the||
|fixed or quantitative government grants closely related to the enterprise|5,517,189.88|
|businesses according to the national unified standard)||
|Other non-operating revenue and expenditure excluding the above-mentioned||
||16,592.50|
|items||
|Less: Influence on income tax|1,211,230.45|
|Influence on minority interest (after tax)|766,901.78|
|Total|3,418,045.91|

For theCompany„s non-recurring gain/loss items as defined in the Explanatory Announcement No. 1 on
Information Disclosure for Companies Offering their Securities to the Public– Non-recurring Gains and Losses and its non-recurring gain/loss items as illustrated in the Explanatory Announcement No. 1 on Information Disclosure for Companies Offering their Securities to the Public– Non-recurring Gains and Losses which have been defined as recurring gains and losses, it is necessary to explain the reason.
□ Applicable√ Inapplicable
II. Number of Shareholders and Shares Held by Top Ten Shareholders
1. Number of Shareholders and Shares Held by Top Ten Shareholders
|||||||||||
|-|-|-|-|-|-|-|-|-|-|
|Total Shareholders|6,909|||||||||
|Top Ten Common Shareholders||||||||||
||||||Total||Impawned or|||
|||||Ratio||Non-tradable||||
|Name（full name）||Nature|||Shares||Frozen Shares|||
|||||（％）||Shares Held||||
||||||Held||Status||Shares|
|CHINA NANSHAN DEVELOPMENT (GROUP)INCORPORATION||Domestic LegalPerson||51.79%|119,420,000|119,420,000||||
||||||||-||0|
|China Logistics Holding (12) PTE.LTD.||Foreign LegalPerson||19.90%|45,890,000|0||||
||||||||-||Unknown|
|CHINA MECHANTS SECURITIES (HONGKONG)LTD||State-ownedLegal Person||1.44%|3,313,824|0||||
||||||||-||Unknown|
|CREDIT SUISSE (HONG KONG) LIMITED||Foreign LegalPerson||1.15%|2,645,599|0||||
||||||||-||Unknown|
|GUOTAI JUNAN SECURITIES(HONGKONG)LIMITED||Foreign LegalPerson||0.88%|2,036,174|0||||
||||||||-||Unknown|
|GREENWOODS CHINA ALPHA MASTER FUND||Foreign LegalPerson||0.43%|984,693|0||||
||||||||-||Unknown|
|LI WEI||DomesticNatural Person||0.26%|604,900|0||||
||||||||-||Unknown|
|YU LING FENG||Foreign NaturalPerson||0.20%|453,083|0||||
||||||||-||Unknown|
|PAN BO||DomesticNatural Person||0.18%|416,200|0||||
||||||||-||Unknown|
|LI MING YA||DomesticNatural Person||0.17%|402,580|0||||
||||||||-||Unknown|
|Top Ten Tradable Shareholders||||||||||
|||||||Type||||
|Name（full name）|||Shares Held|||||||
|||||||Type||Shares||
|China Logistics Holding (12) PTE.LTD.|||45,890,000|||B||45,890,000||
|CHINA MECHANTS SECURITIES (HONGKONG) LTD|||3,313,824|||B||3,313,824||
|CREDIT SUISSE (HONG KONG) LIMITED|||2,645,599|||B||2,645,599||
|GUOTAI JUNAN SECURITIES(HONGKONG) LIMITED|||2,036,174|||B||2,036,174||
|GREENWOODS CHINA ALPHA MASTER FUND|||984,693|||B||984,693||
|LI WEI|||604,900|||B||604,900||
|YU LING FENG|||453,083|||B||453,083||
|PAN BO|||416,200|||B||416,200||
|LI MING YA|||402,580|||B||402,580||
|LI SEN ZHUANG|||359,686|||B||359,6860||
||||Among the top ten shareholders, the domestic|||||||
||||legal entity shareholder, China Nanshan|||||||
|Explanation for the Affiliated Relations or United Action of|||Development (Group) Incorporation has no|||||||
||||affiliated relations with other shareholders and|||||||
|the Top Ten Shareholders||||||||||
||||does not fall into the scope of united action person|||||||
||||stipulated by “Regulation of Information|||||||
||||Disclosure of the Change of Shareholding of listed|||||||

||
|-|
|company”. It is unknown that whether othertradable-share shareholders fall into the scope ofunited action person.|

Whether shareholders appointed repurchase transaction during reporting period
□ Yes√ No
2. Preferred Shares
□ Applicable√ Inapplicable
Part III Significant Events
I. Explanation on the Significant Changes for Main Accounting Data and Financial Indicators.
√ Applicable□Inapplicable
Unit: RMB
|||||||
|-|-|-|-|-|-|
|No.|Item|1st-3rd Quarter of2015|1st-3rd Quarter of2014|Change(%)|Note|
|||September 30,2015|December 31,2014|||
|1|Notes Receivable|-|10,000,000.00|-100.00%|Nanjing Baowan received banker‟sacceptance in the report period.|
|2|Prepayments|712,523.76|373,220.41|90.91%|Insurance prepayment.|
|3|Interest Receivable|-|3,573,311.30|-100.00%|Financial benefits due from financingproducts|
|4|Deferred Tax Assets|27,168,589.97|17,117,751.96|58.72%|Deferred income tax accrued by the Company.|
|5|Employee Benefits Payable|21,638,642.03|31,424,490.98|-31.14%|Bonus paid for last year in the report period.|
|6|Taxes Payable|18,429,622.95|40,439,178.66|-54.43%|Income tax paid for last year annualsettlement of income tax.|
|7|Interest Payable|79,880,610.00|36,404,811.44|119.42%|Accrued interest in the report period.|
|8|Other Non-CurrentLiabilities|-|300,000,000.00|-100.00%|Paid back loans borrowed from NanshanGroup.|
|9|Other ComprehensiveIncome|-187,791.58|652,079.14|-128.80%|Converted difference in foreign currencystatements due to fluctuations in exchange.|
|10|Special Reserve|5,576,734.07|4,240,147.49|31.52%|Safety production provision in the reportperiod.|
|11|Business Taxes and Levies|29,942,187.10|20,253,497.34|47.84%|Expiration of tax preferential policy for landuse.|
|12|Selling Expenses|1,559,819.54|138,121.62|1029.31%|Increase of intermediary fees in the reportperiod.|
|13|Non-operating Expenses|306,507.99|-67,881.15|-551.54%|Offset compensation provisions in the sameperiod of last year by Shanghai Baowan.|
|14|Income Tax Expenses|22,043,581.78|38,828,957.89|-43.23%|Decrease of total profit.|
|15|Tax Refunds|352,345.09|1,277,883.87|-72.43%|Tax subsidies received by the Company in thesame period of last year.|
|16|Cash receipts frominvestment income|14,329,928.96|48,000,000.00|-70.15%|Because the Company received CSE‟sdividends for 2014 in the reporting period;while the dividends received in last periodfrom CSE is cumulative dividends forprevious years.|

|||||||
|-|-|-|-|-|-|
|17|Other cash receipts relatingto investing activities|1,101,075,486.51|2,350,790,958.59|-53.16%|Decrease of purchasing financial product.|
|18|Cash payments to acquire orconstruct fixed assets,intangible assets and otherlong-term assets|368,213,505.53|576,366,955.88|-36.11%|Land payment in the same period of last year.|
|19|Other cash paymentsrelating to investingactivities|1,076,000,000.00|2,266,359,400.00|-52.52%|Decrease of purchasing financial product.|
|20|Cash payments fordistribution of dividends orprofits or settlement ofinterest expenses|92,734,498.01|53,592,204.87|73.04%|Cash dividends distribution in the reporperiod.|
|21|Other cash paymentsrelating to financingactivities|1,201,200.00|3,481,200.00|-65.49%|Guarantee fee paid for corporate bonds in thsame period of last year.|

II. Significant Event and its Impact
√ Applicable□ Inapplicable
The thirteenth session of the
7th
Board of Directors reviewed and approved the proposal of delisting domestically listed foreign shares from Shenzhen Stock Exchange& changing to be listed and traded on the main board of Stock Exchange of Hong Kong Limited by way of introduction& Issuance of H-share. The Company will hold another board meeting andshareholders‟ meeting to approved the detailed arrangement for the above-mentioned proposal. Meanwhile, the proposal needs to be approved by SEHK, CSRC, SSE, etc.
||||
|-|-|-|
|Introduction|Disclosure Date|Disclosure Index|
|B share converted to H share|April 25, 2015|www.cninfo.com.cn|

III. Fulfillment of Commitment by Shareholders with More than5% Shares
√ Applicable□Inapplicable
|||||||
|-|-|-|-|-|-|
|Commit||||||
||Promisee|Content|Beginning|Term|Status|
|ments||||||
||Nanshan Group|Commitment for land use|1997-8-1|2022-7-31|On duty|
|||Resolving payment difficulties by||||
||Nanshan Group|China Development Finance|2014-1-6|2017-1-5|On duty|
|||Company Limited||||
|Other||Providing regular monthly financial||||
|Commit|The Company|statements to the controlling|2007-10-25|Long term effective|On duty|
|ments||shareholder||||
|||Issuance of "Medium-term Notes for||||
||The Company||2012-3-7|2017-3-6|On duty|
|||2012"||||
|||Issuance of "12 Base Bonds"||||
||The Company||2013-1-9|2020-1-8|On duty|
|||commitment||||
|Fulfill||||||
|commit||||||
||Yes|||||
|ments||||||
|timely||||||

IV. Prediction of Business Performance for Year 2015
□Applicable√Inapplicable
V. Stock Investment
□Applicable√Inapplicable
VI. Other Listed Company Held
□Applicable√Inapplicable
VII. Investment of Financial of Derivatives
□Applicable√Inapplicable
VIII. Reception of Investors and Medias
√Applicable□Inapplicable
|||||||
|-|-|-|-|-|-|
||||||Topics Discussed and|
|Date|Place|Method|Type|Name||
||||||Documents Provided|
|||||First State|Business operation and|
||Conference|||||
|September 21,||||Investment|development for|
||Room of the|Field Research|Institute|||
|2015||||(Hong Kong)|logistics parks. No|
||Company|||||
|||||Limited|documents provided.|

 IX. Illegal Guarantee
□Applicable√Inapplicable
X. Non-operation Oriented Fund Occupancy by the Controlling Shareholder and/or Related Parties□ Applicable√ Inapplicable
PartⅣ Financial Statements
I. Financial Statements
1、Consolidated Balance Sheet
Sep 30 2015 Currency: RMB
||||||
|-|-|-|-|-|
|Items||Ending Balance||Beginning Balance|
|Current Assets:|||||
||283,206,178.86||375,328,861.18||
|Cash And Bank Balances|||||
||||10,000,000.00||
|Notes Receivable|||||
||51,711,999.25||53,234,644.64||
|Accounts Receivable|||||
||712,523.76||373,220.41||
|Prepayments|||||
||||3,573,311.30||
|Interest Receivable|||||
|Dividends Receivable|||||
||50,098,725.13||61,287,160.23||
|Other Receivables|||||
||1,022,991.75||1,054,046.42||
|Inventories|||||
||420,000,000.00||390,000,000.00||
|Other Current Assets|||||
||806,752,418.75||894,851,244.18||
|Total Current Assets|||||
|Non-Current Assets:|||||
||567,939,948.78||537,962,041.17||
|Long-Term Equity Investments|||||
||1,425,109,995.67||1,267,169,209.29||
|Investment Properties|||||
||847,266,608.18||777,313,197.48||
|Fixed Assets|||||
||221,967,799.39||300,456,627.34||
|Construction In Progress|||||
||156,024.26||||
|Fixed Assets Disposal|||||
||1,460,007,456.34||1,341,187,179.75||
|Intangible Assets|||||
||27,168,589.97||17,117,751.96||
|Deferred Tax Assets|||||
||182,756,282.03||253,572,620.64||
|Other Non-Current Assets|||||
||4,732,372,704.62||4,494,778,627.63||
|Total Non-Current Assets|||||
||5,539,125,123.37||5,389,629,871.81||
|Total Assets|||||
|Current Liabilities:|||||
||300,000,000.00||||
|Short-Term Borrowings|||||
||10,065,390.29||10,358,009.24||
|Accounts Payable|||||
||6,248,780.11||5,067,901.21||
|Receipts In Advance|||||
||21,638,642.03||31,424,490.98||
|Employee Benefits Payable|||||
||18,429,622.95||40,439,178.66||
|Taxes Payable|||||

||||
|-|-|-|
|Interest Payable|79,880,610.00|36,404,811.44|
|Dividends Payable|||
||420,931,763.18|439,034,917.38|
|Other Payables|||
|Non-Current Liabilities Due Within One|1,349,351.16|1,349,351.16|
|Year|||
|||300,000,000.00|
|Other Current Liabilities|||
||858,544,159.72|864,078,660.07|
|Total Current Liabilities|||
|Non-Current Liabilities:|||
||489,781,560.71|390,816,685.64|
|Long-Term Borrowings|||
||966,789,000.00|965,677,500.00|
|Bonds Payable|||
||251,417,853.31|251,417,853.31|
|Long-Term Payables|||
|Deferred Income|||
||928,148,646.13|929,216,909.50|
|Other Non-Current Liabilities|||
||2,636,137,060.15|2,537,128,948.45|
|Total Non-Current Liabilities|||
||3,494,681,219.87|3,401,207,608.52|
|Total Liabilities|||
|Shareholders' Equity:|||
||230,600,000.00|230,600,000.00|
|Share Capital|||
||234,141,186.09|234,141,186.09|
|Capital Reserve|||
||-187,791.58|652,079.14|
|Other Comprehensive Income|||
||5,576,734.07|4,240,147.49|
|Special Reserve|||
||314,528,741.59|307,084,630.25|
|Surplus Reserve|||
||947,372,280.50|913,767,989.40|
|Unappropriated Profits|||
|Total Shareholders' Equity Attributable To|1,732,031,150.67|1,690,486,032.37|
|Equity Holders Of The Company|||
||312,412,752.83|297,936,230.92|
|Minority Interests|||
||2,044,443,903.50|1,988,422,263.29|
|Total Shareholders' Equity|||
||5,539,125,123.37|5,389,629,871.81|
|Total Liabilities And Shareholders' Equity|||

 Legal Representative: Tian Junyan Chief FinancialOfficer：Yu Zhongxia FinancialManager：Sun Yuhui
2、Balance Sheet of the Company
Sep 30 2015 Currency: RMB
||||||
|-|-|-|-|-|
|Items||Ending Balance||Beginning Balance|
|Current Assets:|||||
||54,035,962.15||110,176,958.92||
|Cash And Bank Balances|||||
|Notes Receivable|||||
||25,756,912.82||34,383,433.27||
|Accounts Receivable|||||
||383,075.95||162,238.73||
|Prepayments|||||
||||3,242,328.77||
|Interest Receivable|||||
|Dividends Receivable|||||
||1,419,545,851.52||1,479,302,828.83||
|Other Receivables|||||
||673,331.87||618,056.60||
|Inventories|||||
||360,000,000.00||278,000,000.00||
|Other Current Assets|||||
||1,860,395,134.31||1,905,885,845.12||
|Total Current Assets|||||
|Non-Current Assets:|||||
||1,465,845,528.48||1,409,767,800.88||
|Long-Term Equity Investments|||||
||123,072,088.75||107,855,864.11||
|Investment Properties|||||
||63,636,386.44||70,348,373.29||
|Fixed Assets|||||
||3,406,931.98||23,265,903.87||
|Construction In Progress|||||
||92,262.00||||
|Fixed Assets Disposal|||||
||296,497,450.18||308,975,078.68||
|Intangible Assets|||||
||7,659,072.60||137,885.22||
|Deferred Tax Assets|||||
||294,733.64||417,184.70||
|Other Non-Current Assets|||||
||1,960,504,454.07||1,920,768,090.75||
|Total Non-Current Assets|||||
||3,820,899,588.38||3,826,653,935.87||
|Total Assets|||||
|Current Liabilities:|||||
||300,000,000.00||||
|Short-Term Borrowings|||||
||9,844,802.68||10,133,886.43||
|Accounts Payable|||||
|Receipts In Advance|||||
||15,422,165.14||22,196,600.51||
|Employee Benefits Payable|||||
||1,637,541.05||26,735,284.42||
|Taxes Payable|||||
||79,755,632.37||36,195,924.54||
|Interest Payable|||||
|Dividends Payable|||||
||66,614,903.54||74,542,526.68||
|Other Payables|||||

||||
|-|-|-|
|Non-Current Liabilities Due Within One|1,349,351.16|1,349,351.16|
|Year|||
|||300,000,000.00|
|Other Current Liabilities|||
||474,624,395.94|471,153,573.74|
|Total Current Liabilities|||
|Non-Current Liabilities:|||
||181,874,302.04|182,524,302.04|
|Long-Term Borrowings|||
||966,789,000.00|965,677,500.00|
|Bonds Payable|||
|Long-Term Payables|||
|Deferred Income|||
||716,704,896.13|717,716,909.50|
|Other Non-Current Liabilities|||
||1,865,368,198.17|1,865,918,711.54|
|Total Non-Current Liabilities|||
||2,339,992,594.11|2,337,072,285.28|
|Total Liabilities|||
|Shareholders' Equity:|||
||230,600,000.00|230,600,000.00|
|Share Capital|||
||204,534,849.49|204,534,849.49|
|Capital Reserve|||
|Other Comprehensive Income|||
||5,432,031.67|4,103,762.23|
|Special Reserve|||
||314,528,741.59|307,084,630.25|
|Surplus Reserve|||
||725,811,371.52|743,258,408.62|
|Unappropriated Profits|||
||1,480,906,994.27|1,489,581,650.59|
|Total Shareholders' Equity|||
||3,820,899,588.38|3,826,653,935.87|
|Total Liabilities And Shareholders' Equity|||

 Legal Representative: Tian Junyan Chief FinancialOfficer：Yu Zhongxia FinancialManager：Sun Yuhui
3、Consolidated Income Statement QTD
From Jul 01 2015to Sep 30 2015 Currency：RMB
||||
|-|-|-|
|||Same Period Last|
|Items|Current Period||
|||Year(Restated)|
||170,600,550.00|186,383,080.08|
|I. Total operating income|||
||170,600,550.00|186,383,080.08|
|Including: Operating income|||
||149,393,680.44|141,519,802.29|
|Less: Total operating costs|||
||74,755,187.33|66,949,869.96|
|Including: Operating costs|||
||9,047,442.54|6,601,828.31|
|Business taxes and levies|||
||1,292,201.53|103,231.92|
|Selling expenses|||
||21,745,533.45|23,406,053.23|
|General and administrative expenses|||
||42,553,315.59|44,458,818.87|
|Financial expenses|||
|Impairment losses of assets|||
||19,817,551.38|23,155,340.76|
|Add: Investment income|||
|Including: Income from investments inassociates and joint|13,678,482.38|14,744,639.78|
|ventures|||
||41,024,420.94|68,018,618.55|
|II. Operating profit|||
||693,362.95|762,384.28|
|Add: Non-operating income|||
||196,354.75|54,729.17|
|Less: Non-operating expenses|||
||189,898.69||
|Including: Losses from disposal of non-current assets|||
||41,521,429.14|68,726,273.66|
|III. Gross profit|||
||8,511,435.60|16,265,339.93|
|Less: Income tax expenses|||
||33,009,993.54|52,460,933.73|
|IV. Net profit|||
||28,165,868.96|47,203,883.07|
|Net profit attributable to owners of the Company|||
||4,844,124.58|5,257,050.66|
|Profit or loss attributable to minority shareholders|||
||6,467.97||
|V. Post-tax net value of other comprehensive income|||
|Post-tax net value of other comprehensive|5,003.62||
|incomeattributable to owners of the Company|||
|Including: Translation differences arising on translation of|5,003.62||
|financial statements denominated in foreign currencies|||
|Post-tax net value of other comprehensive income|1,464.35||
|attributable to minority shareholders|||

||||
|-|-|-|
||33,016,461.51|52,460,933.73|
|VI. Total comprehensive income:|||
|Total comprehensive income attributable to owners of the|28,170,872.58|47,203,883.07|
|Company|||
|Total comprehensive income attributable to minority|4,845,588.93|5,257,050.66|
|shareholders|||
|VII. Earnings per share:|||
||0.12|0.20|
|(I) Basic earnings per share|||
|(II) Diluted earnings per share|Not applicable|Not applicable|

 Legal Representative: Tian Junyan Chief FinancialOfficer：Yu Zhongxia FinancialManager：Sun Yuhui
4、Income Statement of the Company QTD
From Jul 01 2015 to Sep 30 2015 Currency：RMB
||||
|-|-|-|
|Items|Current Period|Same Period Last Year|
||44,731,110.40|93,405,933.96|
|I. Operating income|||
||26,135,871.73|34,769,184.72|
|Less: Operating costs|||
||1,039,509.84|1,971,358.83|
|Business taxes and levies|||
||9,175,148.24|10,183,288.49|
|General and administrative expenses|||
||17,344,309.45|20,752,262.33|
|Financial expenses|||
|Impairment loss of assets|||
||19,817,551.38|23,118,584.60|
|Add: Investment income|||
|Including: Income from investments in associates|13,678,482.38|14,744,639.78|
|and joint ventures|||
||10,853,822.52|48,848,424.19|
|II. Operating profit|||
||12,168.93|478,175.18|
|Add: Non-operating income|||
||2,003.94|2,000.00|
|Less: Non-operating expenses|||
|Including: Losses from disposal of non-current|3.94||
|assets|||
||10,863,987.51|49,324,599.37|
|III. Gross profit|||
||-721,059.52|8,656,984.35|
|Less: Income tax expenses|||
||11,585,047.03|40,667,615.02|
|IV. Net profit|||
|V. Other comprehensive income|||
||11,585,047.03|40,667,615.02|
|VI. Total comprehensive income|||
|VII. Earnings per share:|||
|(I) Basic earnings per share|Not applicable|Not applicable|
|(II) Diluted earnings per share|Not applicable|Not applicable|

 Legal Representative: Tian Junyan Chief FinancialOfficer：Yu Zhongxia FinancialManager：Sun Yuhui
5、Consolidated Income Statement YTD
From Jan 01 2015 to Sep 30 2015 Currency：RMB
||||
|-|-|-|
|||Same Period Last|
|Items|Current Period||
|||Year(Restated)|
||477,719,622.68|536,655,057.72|
|I. Total operating income|||
||477,719,622.68|536,655,057.72|
|Including: Operating income|||
||431,567,754.73|379,917,018.51|
|Less: Total operating costs|||
||215,201,642.65|187,802,025.39|
|Including: Operating costs|||
||29,942,187.10|20,253,497.34|
|Business taxes and levies|||
||1,559,819.54|138,121.62|
|Selling expenses|||
||64,087,532.68|63,673,531.67|
|General and administrative expenses|||
||120,776,572.76|108,049,842.49|
|Financial expenses|||
|Impairment losses of assets|||
||55,977,136.77|61,299,819.50|
|Add: Investment income|||
|Including: Income from investments inassociates and joint|44,307,836.56|40,246,805.92|
|ventures|||
||102,129,004.72|218,037,858.71|
|II. Operating profit|||
||5,702,686.13|6,721,594.80|
|Add: Non-operating income|||
||306,507.99|-67,881.15|
|Less: Non-operating expenses|||
||196,421.14|6,736.19|
|Including: Losses from disposal of non-current assets|||
||107,525,182.86|224,827,334.66|
|III. Gross profit|||
||22,043,581.78|38,828,957.89|
|Less: Income tax expenses|||
||85,481,601.08|185,998,376.77|
|IV. Net profit|||
||70,795,802.44|166,501,525.32|
|Net profit attributable to owners of the Company|||
||14,685,798.64|19,496,851.45|
|Profit or loss attributable to minority shareholders|||
||-1,085,665.35||
|V. Post-tax net value of other comprehensive income|||
|Post-tax net value of other comprehensive income|-839,870.71||
|attributable to owners of the Company|||
|Including: Translation differences arising on translation of|||
|financial statements denominated in foreign currencies|-839,870.71||

||||
|-|-|-|
|Post-tax net value of other comprehensive income|||
|attributable to minority shareholders|-245,794.64||
||84,395,935.73|185,998,376.77|
|VI. Total comprehensive income:|||
|Total comprehensive income attributable to owners of the|69,955,931.73|166,501,525.32|
|Company|||
|Total comprehensive income attributable to minority|14,440,004.00|19,496,851.45|
|shareholders|||
|VII. Earnings per share:|||
||0.31|0.72|
|(I) Basic earnings per share|||
|(II) Diluted earnings per share|Not applicable|Not applicable|

 Legal Representative: Tian Junyan Chief FinancialOfficer：Yu Zhongxia FinancialManager：Sun Yuhui
6、Income Statement of the Company YTD
From Jan 01 2015 to Sep 30 2015 Currency：RMB
||||
|-|-|-|
|Items|Current Period|Same Period Last Year|
||123,765,873.99|265,395,915.42|
|I. Operating income|||
||82,607,183.57|97,341,150.11|
|Less: Operating costs|||
||4,396,666.87|5,288,214.25|
|Business taxes and levies|||
||29,423,652.90|30,187,103.85|
|General and administrative expenses|||
||49,817,001.81|60,787,455.03|
|Financial expenses|||
|Impairment loss of assets|||
||55,921,465.53|61,187,983.10|
|Add: Investment income|||
|Including: Income from investments in|44,307,836.56|40,246,805.92|
|associates and joint ventures|||
||13,442,834.37|132,979,975.28|
|II. Operating profit|||
||853,067.61|1,895,816.59|
|Add: Non-operating income|||
||19,738.70|4,566.24|
|Less: Non-operating expenses|||
|Including: Losses from disposal of non-current|60.48|566.24|
|assets|||
||14,276,163.28|134,871,225.63|
|III. Gross profit|||
||-5,468,310.96|23,803,142.42|
|Less: Income tax expenses|||
||19,744,474.24|111,068,083.21|
|IV. Net profit|||
|V. Other comprehensive income|||
||19,744,474.24|111,068,083.21|
|VI. Total comprehensive income|||
|VII. Earnings per share:|||
|(I) Basic earnings per share|Not applicable|Not applicable|
|(II) Diluted earnings per share|Not applicable|Not applicable|

 Legal Representative: Tian Junyan Chief FinancialOfficer：Yu Zhongxia FinancialManager：Sun Yuhui
7、Consolidated Cash Flow Statement YTD
From Jan 01 2015 to Sep 30 2015 Currency：RMB
||||
|-|-|-|
|||Same Period Last|
|Items|Current Period||
|||Year(Restated)|
|I. Cash Flows from Operating Activities:|||
|Cash receipts from sales of goods and rendering of|505,787,852.23|544,273,525.06|
|services|||
||352,345.09|1,277,883.87|
|Tax Refunds|||
||29,761,167.63|34,474,282.56|
|Other cash receipts relating to operating activities|||
||535,901,364.95|580,025,691.49|
|Sub-total of cash inflows from operating activities|||
||98,437,114.06|94,610,977.37|
|Cash payments for goods purchased and services received|||
||68,840,132.00|64,942,315.64|
|Cash payments to and on behalf of employees|||
||112,876,298.41|100,095,960.85|
|Payments of various taxes|||
||23,793,386.97|24,497,119.57|
|Other cash payments relating to operating activities|||
||303,946,931.44|284,146,373.43|
|Sub-total of cash outflows from operating activities|||
||231,954,433.51|295,879,318.06|
|Net Cash Flows from Operating Activities|||
|II. Cash Flows from Investing Activities:|||
||14,329,928.96|48,000,000.00|
|Cash receipts from investment income|||
|Net cash receipts from disposal of fixed assets, intangible|51,898.00|3,296.50|
|assets and other long-term assets|||
||1,101,075,486.51|2,350,790,958.59|
|Other cash receipts relating to investing activities|||
||1,115,457,313.47|2,398,794,255.09|
|Sub-total of cash inflows from investing activities|||
|Cash payments to acquire or construct fixed assets,|368,213,505.53|576,366,955.88|
|intangible assets and other long-term assets|||
|Cash payments to acquire investments|||
||1,076,000,000.00|2,266,359,400.00|
|Other cash payments relating to investing activities|||
||1,444,213,505.53|2,842,726,355.88|
|Sub-total of cash outflows from investing activities|||
||-328,756,192.06|-443,932,100.79|
|Net Cash Flows from Investing Activities|||
|III. Cash Flows from Financing Activities:|||
|Cash receipts from capital contributions|||
||401,884,214.59|516,561,080.77|
|Cash receipts from borrowings|||
|Other cash receipts relating to financing activities|||
||401,884,214.59|516,561,080.77|
|Sub-total of cash inflows from financing activities|||

||||
|-|-|-|
||302,752,000.00|321,350,000.00|
|Cash repayments of borrowings|||
|Cash payments for distribution of dividends or profits or|92,734,498.01|53,592,204.87|
|settlement of interest expenses|||
||1,201,200.00|3,481,200.00|
|Other cash payments relating to financing activities|||
||396,687,698.01|378,423,404.87|
|Sub-total of cash outflows from financing activities|||
||5,196,516.58|138,137,675.90|
|Net Cash Flows from Financing Activities|||
|IV. Effect of Foreign Exchange Rate Changes on Cash|-517,440.35|-500,798.71|
|and Cash Equivalents|||
||-92,122,682.32|-10,415,905.54|
|V. Net Increase(Decrease)in Cash and Cash Equivalents|||
||375,328,861.18|299,910,369.63|
|Add: Opening balance of Cash and Cash Equivalents|||
||283,206,178.86|289,494,464.09|
|VI. Closing Balance of Cash and Cash Equivalents|||

 Legal Representative: Tian Junyan Chief FinancialOfficer：Yu Zhongxia FinancialManager：Sun Yuhui
8、Cash Flow Statement of the Company YTD
From Jan 01 2015 to Sep 30 2015 Currency：RMB
||||
|-|-|-|
|Items|Current Period|Same Period Last Year|
|I. Cash Flows from Operating Activities:|||
||136,713,211.06|257,127,837.10|
|Cash receipts from sales of goods and rendering of services|||
||330,695.52|1,277,883.87|
|Tax Refunds|||
||3,434,343.65|2,680,125.81|
|Other cash receipts relating to operating activities|||
||140,478,250.23|261,085,846.78|
|Sub-total of cash inflows from operating activities|||
||43,060,967.07|50,632,428.29|
|Cash payments for goods purchased and services received|||
||39,842,018.91|45,439,186.74|
|Cash payments to and on behalf of employees|||
||37,448,865.56|46,599,101.38|
|Payments of various taxes|||
||14,022,943.41|14,278,636.74|
|Other cash payments relating to operating activities|||
||134,374,794.95|156,949,353.15|
|Sub-total of cash outflows from operating activities|||
||6,103,455.28|104,136,493.63|
|Net Cash Flows from Operating Activities|||
|II. Cash Flows from Investing Activities:|||
||14,329,928.96|48,000,000.00|
|Cash receipts from investment income|||
|Net cash receipts from disposal of fixed assets, intangible|||
|assets and other long-term assets|||
||1,151,855,957.74|2,720,938,540.19|
|Other cash receipts relating to investing activities|||
||1,166,185,886.70|2,768,938,540.19|
|Sub-total of cash inflows from investing activities|||
|Cash payments to acquire or construct fixed assets,|8,981,375.39|10,509,478.36|
|intangible assets and other long-term assets|||
||26,099,820.00||
|Cash Paid for Investment|||
||1,109,980,158.29|2,726,994,974.84|
|Other cash payments relating to investing activities|||
||1,145,061,353.68|2,737,504,453.20|
|Sub-total of cash outflows from investing activities|||
||21,124,533.02|31,434,086.99|
|Net Cash Flows from Investing Activities|||
|III. Cash Flows from Financing Activities:|||
||307,026,617.93|18,775,995.42|
|Cash receipts from borrowings|||
|||306,114,622.73|
|Other cash receipts relating to financing activities|||
||307,026,617.93|324,890,618.15|
|Sub-total of cash inflows from financing activities|||
|Cash repayments of borrowings|||

||||
|-|-|-|
||307,249,027.28|310,350,000.00|
|Cash payments for distribution of dividends or profits or|81,229,331.23|41,473,029.93|
|settlement of interest expenses|||
||1,201,200.00|8,876,174.65|
|Other cash payments relating to financing activities|||
||389,679,558.51|360,699,204.58|
|Sub-total of cash outflows from financing activities|||
||-82,652,940.58|-35,808,586.43|
|Net Cash Flows from Financing Activities|||
|IV. Effect of Foreign Exchange Rate Changes on Cash and|-716,044.49||
|Cash Equivalents|||
||-56,140,996.77|99,761,994.19|
|V．Net Increase(Decrease) in Cash and Cash Equivalents|||
||110,176,958.92|59,429,719.52|
|Add: Opening balance of Cash and Cash Equivalents|||
||54,035,962.15|159,191,713.71|
|VI. Closing Balance of Cash and Cash Equivalents|||

 Legal Representative: Tian Junyan Chief FinancialOfficer：Yu Zhongxia FinancialManager：Sun Yuhui
II. Audit Report
Audit Opinion
The third quarterly report is unaudited.
Board of Directors
Shenzhen Chiwan Petroleum Supply Base Co., Ltd. October 31, 2015