Shenzhen China Bicycle Company (Holdings) Limited THE THIRD QUARTERLY REPORT FOR 2016
October 2016
Section I. Important Notes
Board of Directors and the Supervisory Committee of SHENZHEN CHINA BICYCLE COMPANY (HOLDINGS) LIMITED (hereinafter referred to as the Company) and its directors, supervisors and senior executives 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 of the Company are attended the Meeting for quarterly report deliberation.
Principal of the Company Li Hai, Person in Charge of Accounting Works Sun Longlong and Person in Charge of Accounting Organ (Accounting Officer) Zhong Xiaojin 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)|63,419,158.18|||45,869,094.97||||38.26%||
|Net assets attributable to|13,845,614.31|||11,765,046.11||||||
|shareholders of listed company||||||||17.68%||
|(RMB)||||||||||
||||||||||Increase/decrease in|
||||Increase/decrease in|||||||
||||||||||comparison with|
||||comparison with||||Year-begin to end of|||
|||Current period|||||||year-begin to|
||||same period of last||||the Period|||
||||||||||Period-end of last|
||||year|||||||
||||||||||year|
|Operating revenue (RMB)|54,175,577.57||-13.72%|||119,949,590.90|||-13.91%|
|Net profit attributable to|1,632,211.91|||||2,080,568.20||||
|shareholders of the listed|||1,238.60%||||||286.65%|
|company (RMB)||||||||||
|Net profit attributable to||||||||||
|shareholders of the listed||||||||||
|company after deducting||1,467,114.11|2,204.37%||||1,661,041.62||271.75%|
|non-recurring gains and losses||||||||||
|(RMB)||||||||||
|Net cash flow arising from||||||-5,707,875.47||||
|||--|--||||||7,195.74%|
|operating activities (RMB)||||||||||
|Basic earnings per share|0.0030|||||0.0038||||
||||1,400.00%||||||280.00%|
|(RMB/Share)||||||||||
|Diluted earnings per share|0.0030|||||0.0038||||
||||1,400.00%||||||280.00%|
|(RMB/Share)||||||||||
|Weighted average ROE||12.53%|11.53%||||16.25%||11.83%|

 In RMB
||||
|-|-|-|
||Amount from year-begin to||
|Item||Note|
||end of the Period||
|Other gains/losses qualify the definition of non-recurring gains|||
||560,519.82||
|and losses|||

深圳中华自行车(集团)股份有限公司2016年第三季度报告全文
||||
|-|-|-|
|Less: impact on income tax|140,129.96||
|Impact on minority shareholders’ equity (post-tax)|863.28||
|Total|419,526.58|--|

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
|||||||||||||||
|-|-|-|-|-|-|-|-|-|-|-|-|-|-|
|||53,355||||Total preference||||||||
|||||||shareholders with voting||||||||
||Total number of common|||||||||||||
||shareholders at the end of report|||||rights recovered at end of|||||0|||
||period|||||reporting period (if||||||||
|||||||applicable)||||||||
||Top ten shareholders|||||||||||||
||||||Proport|||||||Number of share||
|||||||||||Amount of||||
||||Nature of||ion of|||Amount of||||pledged/frozen||
||Shareholders|||||||||restricted shares||||
||||shareholder||shares|||shares held||||State of||
|||||||||||held|||Amount|
||||||held|||||||share||
|Shenzhen Guosheng EnergyInvestment Development Co., Ltd.||Domesticnon-State-ownedlegal person||11.52%|||63,508,747||0|||||
|UOB (H.K.) Co., Ltd.||Foreign legalperson||2.89%|||15,907,850||0|||||
|Guosen Securities (H.K.) Co., Ltd.||Foreign legalperson||2.54%|||13,988,425||0|||||
|Shenwan Hongyuan Securities(Hongkong) Co., Ltd.||Foreign legalperson||1.08%|||5,959,357||0|||||
|CMS H.K. Co., Ltd.||State-owned legalperson||0.72%|||3,964,790||0|||||
|Li Huili||Domestic nature||0.71%|||3,891,124||0|||||

|||||||||
|-|-|-|-|-|-|-|-|
|||person||||||
|Xu Hongbo||Domestic natureperson|0.57%||3,137,419|0||
|Zong Bin||Domestic natureperson|0.55%||3,053,800|0||
|Zeng Ying||Domestic natureperson|0.54%||3,000,000|0||
|Specific account of propertydisposition for bankruptcyenterprise of CBC||Domesticnon-State-ownedlegal person|0.47%||2,602,402|0||
||Particular about top ten shareholders with un-restrict shares held|||||||
|||||Amount of un-restrict||Type of shares||
||Shareholders|||||||
|||||shares held||Type|Amount|
|Shenzhen Guosheng Energy Investment DevelopmentCo., Ltd.|||63,508,747|||||
|||||||RMB ordinary shares|63,508,747|
|UOB (H.K.) Co., Ltd.|||15,907,850|||Domestically listed||
||||||||15,907,850|
|||||||foreign shares||
|Guosen Securities (H.K.) Co., Ltd.|||13,988,425|||Domestically listed||
||||||||13,988,425|
|||||||foreign shares||
|Shenwan Hongyuan Securities (Hongkong) Co., Ltd.|||5,959,357|||Domestically listed||
||||||||5,959,357|
|||||||foreign shares||
|CMS H.K. Co., Ltd.|||3,964,790|||Domestically listed||
||||||||3,964,790|
|||||||foreign shares||
|Li Huili|||3,891,124|||Domestically listed||
||||||||3,891,124|
|||||||foreign shares||
|Xu Hongbo|||3,137,419|||Domestically listed||
||||||||3,137,419|
|||||||foreign shares||
|Zong Bin|||3,053,800|||RMB ordinary shares|3,053,800|
|Zeng Ying|||3,000,000|||Domestically listed||
||||||||3,000,000|
|||||||foreign shares||
|Specific account of property disposition for bankruptcyenterprise of CBC|||2,602,402|||RMB ordinary shares|1,383,313|
|||||||Domestically listed||
||||||||1,219,089|
|||||||foreign shares||
|||||Li Huili, the spouse of actual controller Ji Hanfei, holding B-share of||||
|||||the Company on behalf of Shenzhen Guosheng Energy Investment||||
||Explanation on associated relationship among the|||Development Co., Ltd., beyond that, the Company has no idea of||||
||aforesaid shareholders|||whether other circulated shareholders belong to concerted action||||
|||||persons ruled in the Administration Norms for Information Disclosure||||
|||||of Change on Shareholding of Shareholders of Listed Companies.||||

深圳中华自行车(集团)股份有限公司2016年第三季度报告全文
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 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
In RMB
||||||
|-|-|-|-|-|
|||Opening Period or|||
||Closing Period or||||
|Items||same period last ye|Changes|Reasons|
||Current Period||||
|||ar|||
|Monetary Fund|18,084,366.19|26,752,065.66|-32.40%|Change of the settlement means and purchasing|
|||||fixed assets|
|Note receivable|9,106,518.00|||Change of the settlement means|
|Accounts receivable|20,449,192.45|9,195,296.32|122.39%|Mainly due to the receivable increased for peak|
|||||seasons|
|Advance payment|2,878,925.12|397,833.20|623.65%|The agency fee, paid in advance for preparing the|
|||||private placements|
|Fixed assets|3,813,112.98|1,007,906.43|278.32%|Purchasing fixed assets in the Period|
|Accounts payable|20,374,808.39|7,787,813.83|161.62%|Account receivable increased due to making up|
|||||the order for peak season from subsidiary|
|Payment in advance|3,216,434.91|2,024,718.30|58.86%|Account received in advance increased due to|
|||||making up the order for peak season from|
|||||subsidiary|
|Tax payable|2,750,775.13|1,271,303.96|116.37%|The VAT and corporate income tax increased|
|Operating profit|3,362,745.50|1,014,676.17|231.41%|Mainly because the adjustment for product|
|||||structure and sales costs declined|
|Income tax expense|1,014,665.68|345,032.59|194.08%|Total profit growth|
|Net profit|2,908,599.64|791,365.58|267.54%|Mainly because the adjustment for product|
|||||structure and sales costs declined|
|Net cash flows from|-5,707,875.47|-78,235.71|7195.74%|The agency fee, paid in advance for preparing the|
|operating activities||||private placements and change of the settlement|
|||||means|
|Net cash flow from|-2,959,824.00|-253,346.61|1068.29%|Purchasing more fixed assets|
|investing activities|||||

II. Progress of significant events, their influences, and analysis and explanation of their
solutions
√ Applicable□Not applicable
The Company planning a private placement in July 2016, and the placement still in progress so far.
|||||
|-|-|-|-|
||||Information index for temporary report|
||Overview|Date for disclosure||
||||disclosure|
|Notice of Suspension for Planning a PrivatePlacement|||Securities Times, Hong Kong|
|||2016-07-04|Commercial Daily and Juchao Website|
||||www.cninfo.com.cn|
|Notice of Progress of Planning a PrivatePlacement|||Securities Times, Hong Kong|
|||2016-07-15|Commercial Daily and Juchao Website|
||||www.cninfo.com.cn|
|Notice of Progress of Planning a PrivatePlacement|||Securities Times, Hong Kong|
|||2016-07-22|Commercial Daily and Juchao Website|
||||www.cninfo.com.cn|
|Notice of Resolution of the 19th Session(temporary) of 9th BOD|||Securities Times, Hong Kong|
|||2016-07-28|Commercial Daily and Juchao Website|
||||www.cninfo.com.cn|
|Notice of Resolution of the 6th Session(temporary) of 8th Supervisory Committee|||Securities Times, Hong Kong|
|||2016-07-28|Commercial Daily and Juchao Website|
||||www.cninfo.com.cn|
|Plan of the Private Placement of A-Share forYear of 2016 of CBC|||Securities Times, Hong Kong|
|||2016-07-28|Commercial Daily and Juchao Website|
||||www.cninfo.com.cn|
|Notice of Outward Investment|||Securities Times, Hong Kong|
|||2016-07-28|Commercial Daily and Juchao Website|
||||www.cninfo.com.cn|
|Notice of Resumption|||Securities Times, Hong Kong|
|||2016-07-28|Commercial Daily and Juchao Website|
||||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
The Company had no 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.
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 of receiving research, communication and interview in the report period
√ Applicable□Not applicable
|||||
|-|-|-|-|
|Time|Way|Type|Basic situation index of investigation|
|July to September 2016|Telephone communication|Individual|Reorganization of the Company|

 VIII. Guarantee outside against the regulation
□Applicable√Not applicable
The Company had no guarantee outside against the regulation in the 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 CHINA BICYCLE COMPANY (HOLDINGS) LIMITED
2016-09-30
In RMB
||||
|-|-|-|
|Item|Closing balance|Opening balance|
|Current assets:|||
|Monetary funds|18,084,366.19|26,752,065.66|
|Settlement provisions|||
|Capital lent|||
|Financial liability measured by fair|||
|value and with variation reckoned into|||
|current gains/losses|||
|Derivative financial liability|||
||9,106,518.00||
|Notes receivable|||
||20,449,192.45|9,195,296.32|
|Accounts receivable|||
|Accounts paid in advance|2,878,925.12|397,833.20|
|Insurance receivable|||
|Reinsurance receivables|||
|Contract reserve of reinsurance|||
|receivable|||
|Interest receivable|||
|Dividend receivable|||
|Other receivables|850,851.60|395,523.78|
|Purchase restituted finance asset|||
|Inventories|4,946,875.53|4,057,247.68|
|Divided into assets held for sale|||
|Non-current asset due within one|||
|year|||
|Other current assets||209,155.59|
|Total current assets|56,316,728.89|41,007,122.23|
|Non-current assets:|||
|Loans and payments on behalf|||

||||
|-|-|-|
|Finance asset available for sales|||
|Held-to-maturity investment|||
|Long-term account receivable|||
|Long-term equity investment|||
|Investment property|||
|Fixed assets|3,813,112.98|1,007,906.43|
|Construction in progress|||
|Engineering material|||
|Disposal of fixed asset|||
|Productive biological asset|||
|Oil and gas asset|||
|Intangible assets|3,200,250.00|3,765,000.00|
|Expense on Research and|||
|Development|||
|Goodwill|||
|Long-term expenses to be|||
|apportioned|||
|Deferred income tax asset|89,066.31|89,066.31|
|Other non-current asset|||
|Total non-current asset|7,102,429.29|4,861,972.74|
|Total assets|63,419,158.18|45,869,094.97|
|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|20,374,808.39|7,787,813.83|
|Accounts received in advance|3,216,434.91|2,024,718.30|
|Selling financial asset of|||
|repurchase|||
|Commission charge and|||
|commission payable|||

||||
|-|-|-|
|Wage payable|1,256,448.60|1,384,667.20|
|Taxes payable|2,750,775.13|1,271,303.96|
|Interest payable|||
|Dividend payable|||
|Other accounts payable|19,521,860.19|20,010,360.36|
|Reinsurance payables|||
|Insurance contract reserve|||
|Security trading of agency|||
|Security sales of agency|||
|Divided into liability held for sale|||
|Non-current liabilities due within 1|||
|year|||
|Other current liabilities|||
|Total current liabilities|47,120,327.22|32,478,863.65|
|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|47,120,327.22|32,478,863.65|
|Owner’s equity:|||
|Share capital|551,347,947.00|551,347,947.00|
|Other equity instrument|||
|Including: preferred stock|||
|Perpetual capital|||
|securities|||
|Capital public reserve|627,834,297.85|627,834,297.85|

||||
|-|-|-|
|Less: Inventory shares|||
|Other comprehensive income|||
|Reasonable reserve|||
|Surplus public reserve|32,673,227.01|32,673,227.01|
|Provision of general risk|||
|Retained profit|-1,198,009,857.55|-1,200,090,425.75|
|Total owner’s equity attributable to|13,845,614.31|11,765,046.11|
|parent company|||
|Minority interests|2,453,216.65|1,625,185.21|
|Total owner’s equity|16,298,830.96|13,390,231.32|
|Total liabilities and owner’s equity|63,419,158.18|45,869,094.97|

 Legal Representative: Li Hai Person in charge of Accounting Works: Sun Longlong Person in charge of Accounting Institution: Zhong Xiaojin
2. Balance Sheet of Parent Company
In RMB
||||
|-|-|-|
|Item|Closing balance|Opening balance|
|Current assets:|||
||822,908.65|1,199,934.09|
|Monetary funds|||
|Financial liability measured by fair|||
|value and with variation reckoned into|||
|current gains/losses|||
|Derivative financial liability|||
|Notes receivable|||
|Accounts receivable|103,804.81||
|Account paid in advance|2,661,527.11|82,848.00|
|Interest receivable|||
|Dividends receivable|||
|Other receivables|7,553,166.52|12,579,547.00|
|Inventories|||
|Divided into assets held for sale|||
|Non-current assets maturing within|||
|one year|||
|Other current assets|||
|Total current assets|11,141,407.09|13,862,329.09|

||||
|-|-|-|
|Non-current assets:|||
|Available-for-sale financial assets|||
|Held-to-maturity investments|||
|Long-term receivables|||
|Long-term equity investments|10,379.73|10,379.73|
|Investment property|||
|Fixed assets|3,587,925.14|740,727.77|
|Construction in progress|||
|Project materials|||
|Disposal of fixed assets|||
|Productive biological assets|||
|Oil and natural gas assets|||
|Intangible assets|3,200,250.00|3,765,000.00|
|Research and development costs|||
|Goodwill|||
|Long-term deferred expenses|||
|Deferred income tax assets|||
|Other non-current assets|||
|Total non-current assets|6,798,554.87|4,516,107.50|
|Total assets|17,939,961.96|18,378,436.59|
|Current liabilities:|||
|Short-term borrowings|||
|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|||
|Wage payable|129,385.25|290,130.11|
|Taxes payable|-429,006.58|-278,741.70|
|Interest payable|||
|Dividend payable|||
|Other accounts payable|10,107,761.43|10,383,721.15|

||||
|-|-|-|
|Divided into liability held for sale|||
|Non-current liabilities due within 1|||
|year|||
|Other current liabilities|||
|Total current liabilities|9,808,140.10|10,395,109.56|
|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|9,808,140.10|10,395,109.56|
|Owners’ equity:|||
|Share capita|551,347,947.00|551,347,947.00|
|Other equity instrument|||
|Including: preferred stock|||
|Perpetual capital|||
|securities|||
|Capital public reserve|627,834,297.85|627,834,297.85|
|Less: Inventory shares|||
|Other comprehensive income|||
|Reasonable reserve|||
|Surplus reserve|32,673,227.01|32,673,227.01|
|Retained profit|-1,203,723,650.00|-1,203,872,144.83|
|Total owner’s equity|8,131,821.86|7,983,327.03|
|Total liabilities and owner’s equity|17,939,961.96|18,378,436.59|

3. Consolidated Profit Statement (Current Period)
In RMB
||||
|-|-|-|
|Item|Current Period|Last Period|
|I. Total operating income|54,175,577.57|62,791,436.14|
|Including: Operating income|54,175,577.57|62,791,436.14|
|Interest income|||
|Insurance gained|||
|Commission charge and commission|||
|income|||
|II. Total operating cost|51,187,078.04|62,565,197.62|
|Including: Operating cost|48,076,785.50|58,921,893.66|
|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|206,942.50|161,507.12|
|Sales expenses|1,545,358.06|2,265,217.29|
|Administration expenses|1,372,408.89|1,244,192.30|
|Financial expenses|-14,416.91|-27,612.75|
|Losses of devaluation of asset|||
|Add: Changing income of fair|||
|value(Loss is listed with “-”)|||
|Investment income (Loss is listed|||
|with “-”)|||
|Including: Investment income on|||
|affiliated company and joint venture|||
|Exchange income (Loss is listed|||
|with “-”)|||
|III. Operating profit (Loss is listed with|||
||2,988,499.53|226,238.52|
|“-”)|||

||||
|-|-|-|
|Add: Non-operating income|220,577.00|79,140.00|
|Including: Disposal gains of|||
|non-current asset|||
|Less: Non-operating expense|638.00|1,450.00|
|Including: Disposal loss of|||
|non-current asset|||
|IV. Total Profit (Loss is listed with “-”)|3,208,438.53|303,928.52|
|Less: Income tax expense|818,770.47|105,139.80|
|V. Net profit (Net loss is listed with “-”)|2,389,668.06|198,788.72|
|Net profit attributable to owner’s of|||
||1,632,211.91|121,934.11|
|parent company|||
|Minority shareholders’ gains and|||
||757,456.15|76,854.61|
|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|2,389,668.06|198,788.72|
|Total comprehensive income|||
||1,632,211.91|121,934.11|
|attributable to owners of parent Company|||
|Total comprehensive income|||
||757,456.15|76,854.61|
|attributable to minority shareholders|||
|VIII. Earnings per share:|||
|(i) Basic earnings per share|0.0030|0.0002|
|(ii) Diluted earnings per share|0.0030|0.0002|

 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: Li Hai Person in charge of Accounting Works: Sun Longlong Person in charge of Accounting Institution: Zhong Xiaojin
4. Profit Statement of Parent Company (Current Period)
In RMB
||||
|-|-|-|
|Item|Current Period|Last Period|
|I. Operating income|1,265,426.67|1,620,464.44|
|Less: Operating cost|688,506.70|799,954.71|
|Operating tax and extras||85,047.01|
|Sales expenses|||
|Administration expenses|932,878.31|871,047.64|
|Financial expenses|-195.57|-501.58|
|Losses of devaluation of asset|||

||||
|-|-|-|
|Add: Changing income of fair|||
|value(Loss is listed with “-”)|||
|Investment income (Loss is|||
|listed with “-”)|||
|Including: Investment income|||
|on affiliated company and joint venture|||
|II. Operating profit (Loss is listed|||
||-355,762.77|-135,083.34|
|with “-”)|||
|Add: Non-operating income|220,577.00|79,140.00|
|Including: Disposal gains of|||
|non-current asset|||
|Less: Non-operating expense||1,450.00|
|Including: Disposal loss of|||
|non-current asset|||
|III. Total Profit (Loss is listed with|||
||-135,185.77|-57,393.34|
|“-”)|||
|Less: Income tax expense|||
|IV. Net profit (Net loss is listed with|||
||-135,185.77|-57,393.34|
|“-”)|||
|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 arisingfrom reclassification of held-to-maturityinvestment as available-for-salefinancial 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|-135,185.77|-57,393.34|
|VII. Earnings per share:|||
|(i) Basic earnings per share|-0.0002|-0.0001|
|(ii) Diluted earnings per share|-0.0002|-0.0001|

 5. Consolidated Cash Flow Statement (year-begin to end of this period)
In RMB
||||
|-|-|-|
|Item|Current Period|Last Period|
|I. Total operating income|119,949,590.90|139,328,236.82|
|Including: Operating income|119,949,590.90|139,328,236.82|
|Interest income|||
|Insurance gained|||
|Commission charge and commission|||
|income|||
|II. Total operating cost|116,586,845.40|138,313,560.65|
|Including: Operating cost|108,398,018.87|128,914,415.77|
|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|278,067.89|392,747.65|
|Sales expenses|4,773,540.42|5,876,825.16|
|Administration expenses|3,721,048.96|3,799,261.70|
|Financial expenses|-558,942.46|-647,841.20|
|Losses of devaluation of asset|-24,888.28|-21,848.43|
|Add: Changing income of fair value(Loss|||
|is listed with “-”)|||
|Investment income (Loss is listed with|||
|“-”)|||
|Including: Investment income on|||
|affiliated company and joint venture|||
|Exchange income (Loss is listed with “-”)|||
|III. Operating profit (Loss is listed with|3,362,745.50|1,014,676.17|
|“-”)|||
|Add: Non-operating income|562,666.82|128,528.00|
|Including: Disposal gains of|||
|non-current asset|||
|Less: Non-operating expense|2,147.00|6,806.00|
|Including: Disposal loss of non-current|||
|asset|||
|IV. Total Profit (Loss is listed with “-”)|3,923,265.32|1,136,398.17|
|Less: Income tax expense|1,014,665.68|345,032.59|
|V. Net profit (Net loss is listed with “-”)|2,908,599.64|791,365.58|
|Net profit attributable to owner’s of|||
||2,080,568.20|538,106.97|
|parent company|||
|Minority shareholders’ gains and losses|828,031.44|253,258.61|
|VI. Net other comprehensive income|||
|after-tax|||
|Net other comprehensive income|||
|after-tax 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 other comprehensive income|||
|after-tax attributable to minority|||
|VII. Total other consolidated income|2,908,599.64|791,365.58|
|Total consolidated income attributable to|||
||2,080,568.20|538,106.97|
|owners of parent company|||
|Total consolidated income attributable to|||
||828,031.44|253,258.61|
|minority shareholders|||
|VIII. Earnings per share:|||
|(i) Basic earnings per share|0.0038|0.0010|
|(ii) Diluted earnings per share|0.0038|0.0010|

 As for the business merger under the same control in the Period, 0.00 Yuan net profit realized before merger by the combined party, the net profit for combined party in last period was 0.00 Yuan.
6. Profit Statement of parent company (from year-begin to end of this period)
In RMB
||||
|-|-|-|
|Item|Current period|Prior period|
|I. Operating income|4,742,196.93|5,459,397.77|
|Less: operating cost|2,780,550.26|2,630,101.44|
|Operating tax and extras|27,518.91|235,705.41|
|Sales expenses|||
|Administration expenses|2,247,781.72|2,766,763.66|
|Financial expenses|-23.34|-139.47|
|Losses of devaluation of asset|||
|Add: Changing income of fair|||
|value(Loss is listed with “-”)|||
|Investment income (Loss is listed with|||
|“-”)|||
|Including: Investment income on|||
|affiliated company and joint venture|||
|II. Operating profit (Loss is listed|||
||-313,630.62|-173,033.27|
|with “-”)|||
|Add: Non-operating income|558,192.00|128,528.00|
|Including: Disposal gains of|||
|non-current asset|||
|Less: Non-operating expense|1,509.00|6,806.00|
|Including: Disposal loss of non-current|||
|asset|||
|III. Total Profit (Loss is listed with|||
||243,052.38|-51,311.27|
|“-”)|||
|Less: Income tax expense|94,557.55|1,518.53|
|IV. Net profit (Net loss is listed with|||
||148,494.83|-52,829.80|
|“-”)|||
|V. Net other comprehensive income|||
|after-tax|||
|(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|148,494.83|-52,829.80|
|VII. Earnings per share:|||
|(i) Basic earnings per share|0.0003|-0.0001|
|(ii) Diluted earnings per share|0.0003|-0.0001|

 7. Consolidated Cash Flow Statement (from year-begin to end of this period)
In RMB
||||
|-|-|-|
|Item|Current period|Prior period|
|I. Cash flows arising from operating|||
|activities:|||
|Cash received from selling commodities|||
||51,251,394.74|71,823,069.90|
|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|||
||4,616,717.46|5,632,649.25|
|operating activities|||
|Subtotal of cash inflow arising from|||
||55,868,112.20|77,455,719.15|
|operating activities|||
|Cash paid for purchasing commodities|||
||45,331,191.15|60,378,877.42|
|and receiving labor 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|4,832,051.33|5,328,699.45|
|Taxes paid|1,889,273.30|2,985,300.96|
|Other cash paid concerning operating|||
||9,523,471.89|8,841,077.03|
|activities|||
|Subtotal of cash outflow arising from|||
||61,575,987.67|77,533,954.86|
|operating activities|||
|Net cash flows arising from operating|||
||-5,707,875.47|-78,235.71|
|activities|||
|II. Cash flows arising from investing|||
|activities:|||
|Cash received from recovering|||
|investment|||
|Cash received from investment 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|||
|activities|||
|Cash paid for purchasing fixed,|||
||2,959,824.00|253,346.61|
|intangible and other long-term assets|||
|Cash paid for investment|||
|Net increase of mortgaged loans|||
|Net cash received from subsidiaries and|||
|other units|||
|Other cash paid concerning investing|||
|activities|||
|Subtotal of cash outflow from investing|||
||2,959,824.00|253,346.61|
|activities|||
|Net cash flows arising from investing|||
||-2,959,824.00|-253,346.61|
|activities|||
|III. Cash flows arising from financing|||
|activities|||
|Cash received from absorbing|||
|investment|||
|Including: Cash received from|||
|absorbing minority shareholders’|||
|investment by subsidiaries|||
|Cash received from loans|||
|Cash received from issuing bonds|||
|Other cash received concerning|||
|financing activities|||
|Subtotal of cash inflow from financing|||
|activities|||
|Cash paid for settling debts|||
|Cash paid for dividend and profit|||
|distributing or interest paying|||
|Including: Dividend and profit of|||
|minority shareholder paid by|||
|subsidiaries|||
|Other cash paid concerning financing|||
|activities|||

||||
|-|-|-|
|Subtotal of cash outflow from financing|||
|activities|||
|Net cash flows arising from financing|||
|activities|||
|IV. Influence on cash and cash|||
|equivalents due to fluctuation in|||
|exchange rate|||
|V. Net increase of cash and cash|||
||-8,667,699.47|-331,582.32|
|equivalents|||
|Add: Balance of cash and cash|||
||26,752,065.66|30,163,866.78|
|equivalents at the period -begin|||
|VI. Balance of cash and cash|||
||18,084,366.19|29,832,284.46|
|equivalents at the period -end|||

8. Cash Flow Statement of parent company (from year-begin to end of this period)
In RMB
||||
|-|-|-|
|Item|Current period|Prior period|
|I. Cash flows arising from operating|||
|activities:|||
|Cash received from selling commodities|||
|||38,250.00|
|and providing labor services|||
|Write-back of tax received|||
|Other cash received concerning|||
||10,988,782.41|9,867,887.05|
|operating activities|||
|Subtotal of cash inflow arising from|||
||10,988,782.41|9,906,137.05|
|operating activities|||
|Cash paid for purchasing commodities|||
||32,356.80|643,453.70|
|and receiving labor service|||
|Cash paid to/for staff and workers|1,428,400.08|1,967,399.00|
|Taxes paid|408,315.93|926,193.21|
|Other cash paid concerning operating|||
||6,536,911.04|6,675,282.17|
|activities|||
|Subtotal of cash outflow arising from|||
||8,405,983.85|10,212,328.08|
|operating activities|||
|Net cash flows arising from operating|||
||2,582,798.56|-306,191.03|
|activities|||
|II. Cash flows arising from investing|||
|activities:|||
|Cash received from recovering|||
|investment|||
|Cash received from investment 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|||
|activities|||
|Cash paid for purchasing fixed,|||
||2,959,824.00|222,222.22|
|intangible and other long-term assets|||
|Cash paid for investment|||
|Net cash received from subsidiaries and|||
|other units|||
|Other cash paid concerning investing|||
|activities|||
|Subtotal of cash outflow from investing|||
||2,959,824.00|222,222.22|
|activities|||
|Net cash flows arising from investing|||
||-2,959,824.00|-222,222.22|
|activities|||
|III. Cash flows arising from financing|||
|activities|||
|Cash received from absorbing|||
|investment|||
|Cash received from loans|||
|Cash received from issuing bonds|||
|Other cash received concerning|||
|financing activities|||
|Subtotal of cash inflow from financing|||
|activities|||
|Cash paid for settling debts|||
|Cash paid for dividend and profit|||
|distributing or interest paying|||
|Other cash paid concerning financing|||
|activities|||
|Subtotal of cash outflow from financing|||
|activities|||
|Net cash flows arising from financing|||
|activities|||
|IV. Influence on cash and cash|||
|equivalents due to fluctuation in|||
|exchange rate|||
|V. Net increase of cash and cash|||
||-377,025.44|-528,413.25|
|equivalents|||

||||
|-|-|-|
|Add: Balance of cash and cash|||
||1,199,934.09|1,363,097.01|
|equivalents at the period -begin|||
|VI. Balance of cash and cash|||
||822,908.65|834,683.76|
|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
Board of Director of
Shenzhen China Bicycle Company (Holdings) Limited 27 October 2016