Shenzhen Nanshan Power Co., Ltd.
The Third Quarterly Report for 2014
2014-073
October 2014
Section I. Important Note
Board of Directors, Supervisory Committee, all directors, supervisors and senior executives of Shenzhen Nanshan Power Co., Ltd. (hereinafter referred to as the Company) hereby confirm that there are no any fictitious statements, misleading statements, or important omissions carried in this report, and shall take all responsibilities, individual and/or joint, for the reality, accuracy and completion of the whole contents.
|||||
|-|-|-|-|
|Absent name|Title|Reasons for absence|Attorney|
|Huangfu Han|Director|Due to business|Chairman Yang Haixian|

 Chairman Yang Haixian, person in charge of the Company, head of the accounting works Director GM Fu Bo and CFO Lu Xiaoping as well as Financial Manager Huang Jian, accounting body principals (accountant in charge) hereby confirms 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)|5,433,605,306.10||5,440,291,369.21||-0.12%||
|Net assets attributable to|1,511,857,696.05||1,601,055,539.87||-5.57%||
|shareholders of listed company|||||||
|(RMB)|||||||
|||||||Increase/decrease in|
|||Increase/decrease in|||||
|||||From year-begin to||comparison with|
||Current period|comparison with same|||||
|||||end of the Period||year-begin to|
|||period of last year|||||
|||||||Period-end of last year|
|Operating revenue (RMB)|454,105,605.95|20.31%||981,503,161.72||4.09%|
|Net profit attributable to|-13,949,995.11|||-89,197,843.82|||
|shareholders of the listed company||-85.35%||||-54.67%|
|(RMB)|||||||
|Net profit attributable to|||||||
|shareholders of the listed company|||||||
||-16,522,353.26|-82.85%||-93,659,504.39||-54.81%|
|after deducting non-recurring|||||||
|gains and losses(RMB)|||||||
|Net cash flow arising from||||354,958,633.16|||
||--|--||||-36.50%|
|operating activities(RMB)|||||||
|Basic earnings per share|-0.020|||-0.150|||
|||-85.35%||||-54.67%|
|(RMB/Share)|||||||
|Diluted earnings per share|-0.020|||-0.150|||
|||-85.35%||||-54.67%|
|(RMB/Share)|||||||
|Weighted average ROE|-0.92%|-86.50%||-5.73%||-57.76%|

 Items and amount of extraordinary profit (gains)/losses
√Applicable □Not applicable
In RMB
||||
|-|-|-|
||Amount from year-begin toend of the Period||
|Item||Note|
|Governmental subsidy reckoned into current gains/losses (not|2,723,401.15||

||||
|-|-|-|
|including the subsidy enjoyed in quota or ration according to|||
|national standards, which are closely relevant to enterprise’s|||
|business)|||
|Other non-operating income and expenditure except for the|||
||1,924,799.52||
|aforementioned items|||
|Impact on minority shareholders’ equity (post-tax)|186,540.10||
|Total|4,461,660.57|--|

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. Statement of the total common shareholders and shares-held of top ten common shareholders at end of the Period
In Share
||||||||
|-|-|-|-|-|-|-|
|Total common shareholders in|||||||
|||38,059|||||
|reporting period-end|||||||
|Shares-held of top ten common shareholders|||||||
|||||Amount of|Number of share pledged/frozen||
||Nature of|Proportion of|Amount of shares||||
|Shareholders||||restricted shares|||
||shareholder|shares held|held||State of share|Amount|
|||||held|||
|Shenzhen GuangjuIndustrial Co., Ltd.|State-ownedcorporate|16.72%|100,769,712||||
|HONG KONGNAM HOI(INTERNATIONAL) LTD|Foreign corporate|15.28%|92,123,248||||
|SHENZHENENERGY(GROUP) CO.,LTD.|State-ownedcorporate|10.80%|65,106,130||||
|BNP P P/PANDAINVESTMENT|Foreign corporate|6.54%|39,426,518||||

|||||||
|-|-|-|-|-|-|
|COMPANYLIMITED||||||
|Shenzhen GuonengInternationalTrading Co., LTD|State-ownedcorporate|5.42%|32,673,560|||
|Yang Fangping|Domestic natureperson|0.42%|2,536,073|||
|China EverbrightBank Co., Ltd. –PrudentialEverbrightQuantization CoreSecuritiesInvestment Fund|Other|0.33%|1,981,018|||
|Hongxin Securities– Everbright –Hongxin SecuritiesHongda No.1Collection AssetsManagement Plan|Other|0.27%|1,620,952|||
|Jinbang SecurityHolding Co., Ltd|Foreign corporate|0.25%|1,500,000|||
|Yang Guoxiong|Domestic natureperson|0.17%|1,005,530|||
|Particular about top ten common shareholders with un-restrict shares held||||||
|||Amount of unrestricted common shares held at||Type of shares||
|Shareholders’ name||||||
|||reporting period-end||Type|Amount|
|Shenzhen Guangju Industrial Co.,Ltd.||100,769,712||RMB ordinary||
||||||100,769,712|
|||||shares||
|HONG KONG NAM HOI(INTERNATIONAL) LTD||92,123,248||Domestically||
|||||listed foreign|92,123,248|
|||||shares||
|SHENZHEN ENERGY (GROUP)CO., LTD.||65,106,130||RMB ordinary||
||||||65,106,130|
|||||shares||
|BNP P P/PANDA INVESTMENTCOMPANY LIMITED||39,426,518||Domestically||
|||||listed foreign|39,426,518|
|||||shares||
|Shenzhen Guoneng InternationalTrading Co., LTD||32,673,560||RMB ordinary||
||||||32,673,560|
|||||shares||
|Yang Fangping||2,536,073||Domestically|2,536,073|

|||||
|-|-|-|-|
|||listed foreign||
|||shares||
|China Everbright Bank Co., Ltd. –Prudential Everbright QuantizationCore Securities Investment Fund|1,981,018|||
|||RMB ordinary||
||||1,981,018|
|||shares||
|Hongxin Securities – Everbright –Hongxin Securities Hongda No.1Collection Assets Management Plan|1,620,952|||
|||RMB ordinary||
||||1,620,952|
|||shares||
|Jinbang Security Holding Co., Ltd|1,500,000|Domestically||
|||listed foreign|1,500,000|
|||shares||
|Yang Guoxiong|1,005,530|Domestically||
|||listed foreign|1,005,530|
|||shares||
||1. Shenzhen Energy (Group) Co., Ltd. holds 100% equities of HONG KONG NAM HOI|||
|Explanation on associated||||
||(INTERNATIONAL) LTD indirectly; 2. Among other social public shareholders, the|||
|relationship among the top ten||||
||Company did not know whether there were associated relationships or belonging to|||
|shareholders or consistent action||||
||consistent actors.|||

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 shareholders 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 in Period-end
□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
(I) Ministry of Finance revised the Accounting Standards for Business Enterprise No.2-Long-term Equity Investment, the new standards states that long-term investment refers to the equity investment on the invested entity with control and significant influence implemented by the investor as well as the equity investment on its cooperative enterprise. The Company adjusted consolidates statement for year of 2013 due to the above new standards:
|||||||
|-|-|-|-|-|-|
|Invested entity|Basicinformation|Equity attributableto shareholder ofparent companydated 1 January2013 (+/-)|2013-12-31|||
||||Long-termequityinvestment(+/-)|Financial assetsavailable forsale(+/-)|Equityattributable toshareholder ofparent company(+/-)|
|JXNPC|Holds 5%equity in theinvested entity||-57,315,000|+57,315,000||
|Total|--||-57,315,000|+57,315,000||

(II) 1. Balance of account paid in advance dated 30 September 2014 was 44,693,709.58 Yuan, increased306.28% over beginning of the Year, mainly because account paid in advance for goods increased.
2. Balance of construction in progress dated 30 September 2014 was 72,530,339.82 Yuan, increased48.96% over beginning of the Year, mainly because there is a low-nitrogen renovation project in the Period
3. Balance of note payable dated 30 September 2014 was 90,000,000 Yuan, increased80% over beginning of the Year, mainly because there is a trade acceptance in the Period
4. Balance of account payable dated 30 September 2014 was 342,500,656.45 Yuan, increased338.14% over beginning of the Year, mainly because payable natural gases increased
5. Balance of account received in advance dated 30 September 2014 was 103,360 Yuan, decreased79.83% over beginning of the Year, mainly because overcharge for oil was returned back
6. Balance of taxes payable dated 30 September 2014 was 386,775.05 Yuan, decreased98.29% over beginning of the Year, mainly because income tax for year of 2013 was paid in the Year
7. Non-operating expenditure for year of 2014 was 10,380.5 Yuan, decreased77.2% over same period of last Year, mainly because other expenditure declined.
8. Net cash flow arising from operating activity for year of 2014 was 354,958,633.16 Yuan, decreased
36.5% over same period of last Year, mainly because subsidy received in the Year decreased over same
period of last year.
9. Net cash flow arising from investment activity for year of 2014 was -42,919,280.74 Yuan with a negative growth of137.46% over same period of last Year, mainly because expenditure for low-nitrogen renovation increased in the Year.
II. Progress and influence of the main events as well as solution analysis specification
√ Applicable□Not applicable
During the reporting period, in process of private placement preparation, the event still exist major uncertainties, stock of the Company suspended since open dated 9 January 2014 in order to prevent price fluctuation arising from the event. The Company released notice of progress once a week during suspension and implemented information disclosure obligation earnestly.
On 20 August 2014, the Company received a “Letter of Cooperation Termination with Shenzhen nanshan Power” from strategy investor, the Company decided to release an annoucement for terminated the private placement with purpose of protect the interest of investors, stock of the Company resume trading since opening on 21 August 2014.
||||
|-|-|-|
|||Query indexes of disclosure website for|
|Overview|Disclosure date||
|||interim report|
|In 2013, Deloitte Touche Tohmatsu CPAsCo., Ltd. (LLP) issued qualified auditor’sreport with paragraph of emphasizedmatters for the Company. During the reportperiod, more details of the matter involvedin non-standard qualified opinion pleasefound in Annual Report of 2013 disclosedon 25 April 2014.|||
||2014-04-25|http://www.cninfo.com.cn/|
|Notice of Terminate Private Placement andResumption|||
||2014-08-21|http://www.cninfo.com.cn/|

III. Commitments made by the Company or shareholders holding above5% shares of the Company in reporting period or made in previous period and extending to reporting period.□ Applicable√ Not applicable
The Company had no commitment made by the Company or shareholders holding above5% shares of the Company in reporting period or made in previous period and extending to reporting period.
IV. Estimation of operation performance for year of 2014
Estimation on 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 on reason
□ Applicable√ Not applicable
V. Particular about security investment
□ Applicable√ Not applicable
The Company had no security investment in Period.
Explanation on equity of other listed company held
□ Applicable√ Not applicable
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
The Company had no receiving research, communication or interview in the report period in Period.
Section IV. Financial Statement
I. Financial statement
1. Consolidated Balance Sheet
Prepared by Shenzhen Nanshan Power Co., Ltd
In RMB
||||
|-|-|-|
|Items|Balance at period-end|Balance at period-begin|
|Current assets:|||
|Monetary funds|489,069,981.14|543,054,829.52|
|Settlement provisions|||
|Capital lent|||
|Financial assets measured by fair|||
|value and whose change is recorded in|||
|current gains and losses|||
|Notes receivable|||
|Accounts receivable|962,132,816.47|876,368,547.41|
|Accounts paid in advance|44,693,709.58|11,000,834.97|
|Insurance receivable|||
|Reinsurance receivables|||
|Contract reserve of reinsurance|||
|receivable|||
|Interest receivable|||
|Dividend receivable|||
|Other receivables|35,710,724.50|42,191,268.26|
|Purchase restituted finance asset|||
|Inventories|1,302,320,346.56|1,288,814,086.30|
|Divided into assets held ready for|||
|sales|||
|Non-current asset due within one|||
|year|||
|Other current assets|519,078,365.40|565,589,166.99|
|Total current assets|3,353,005,943.65|3,327,018,733.45|
|Non-current assets:|||

||||
|-|-|-|
|Granted loans and advances|||
|Finance asset available for sales|57,315,000.00|57,315,000.00|
|Held-to-maturity investment|||
|Long-term account receivable|||
|Long-term equity investment|24,643,326.76|26,366,000.00|
|Investment property|3,654,659.89|3,986,674.03|
|Fixed assets|1,839,565,872.64|1,892,316,932.05|
|Construction in progress|72,530,339.82|48,692,441.81|
|Engineering material|||
|Disposal of fixed asset|||
|Productive biological asset|||
|Oil and gas asset|||
|Intangible assets|57,219,187.45|58,924,611.98|
|Expense on Research and|||
|Development|||
|Goodwill|||
|Long-term expenses to be|||
|apportioned|||
|Deferred income tax asset|2,788,794.11|2,788,794.11|
|Other non-current asset|22,882,181.78|22,882,181.78|
|Total non-current asset|2,080,599,362.45|2,113,272,635.76|
|Total assets|5,433,605,306.10|5,440,291,369.21|
|Current liabilities:|||
|Short-term loans|2,795,890,000.00|2,998,961,917.89|
|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|||
|Notes payable|90,000,000.00|50,000,000.00|
|Accounts payable|342,500,656.45|78,171,109.54|
|Accounts received in advance|103,360.00|512,402.70|
|Selling financial asset of|||
|repurchase|||

||||
|-|-|-|
|Commission charge and|||
|commission payable|||
|Wage payable|55,105,384.32|43,361,677.73|
|Taxes payable|386,775.05|22,682,243.56|
|Interest payable|109,691,690.89|98,775,045.80|
|Dividend payable|||
|Other accounts payable|297,488,432.23|263,833,902.66|
|Reinsurance payables|||
|Insurance contract reserve|||
|Security trading of agency|||
|Security sales of agency|||
|Divided into liability held ready|||
|for sale|||
|Non-current liabilities due within 1|||
|year|||
|Other current liabilities|||
|Total current liabilities|3,691,166,298.94|3,556,298,299.88|
|Non-current liabilities:|||
|Long-term loans||6,000,000.00|
|Bonds payable|||
|Long-term account payable|||
|Special accounts payable|||
|Projected liabilities|27,100,000.00|27,500,000.00|
|Deferred income tax liabilities|||
|Other non-current liabilities|47,990,115.35|50,713,516.50|
|Total non-current liabilities|75,090,115.35|84,213,516.50|
|Total liabilities|3,766,256,414.29|3,640,511,816.38|
|Owner’s equity (or shareholders’|||
|equity):|||
|Paid-in capital (or share capital)|602,762,596.00|602,762,596.00|
|Capital public reserve|362,670,442.46|362,670,442.46|
|Less: Inventory shares|||
|Reasonable reserve|||
|Other comprehensive income|||
|Surplus public reserve|332,908,397.60|332,908,397.60|

||||
|-|-|-|
|Provision of general risk|||
|Retained profit|213,516,259.99|302,714,103.81|
|Balance difference of foreign|||
|currency translation|||
|Total owner’s equity attributable to|1,511,857,696.05|1,601,055,539.87|
|parent company|||
|Minority interests|155,491,195.76|198,724,012.96|
|Total owner’s equity(or shareholders’|1,667,348,891.81|1,799,779,552.83|
|equity)|||
|Total liabilities and owner’s equity(or|5,433,605,306.10|5,440,291,369.21|
|shareholders’ equity)|||

Legal representative: Chairman Yang Haixian
Person in charge of accounting works: Director GM Fu Bo; CFO Lu Xiaoping
Person in charge of accounting institution: Financial Manager Huang Jian
2. Balance Sheet of parent company
Prepared by Shenzhen Nanshan Power Co., Ltd
In RMB
||||
|-|-|-|
|Item|Balance at period-end|Balance at period-begin|
|Current assets:|||
|Monetary funds|270,376,439.00|269,557,683.68|
|Financial assets measured by fair|||
|value and whose change is recorded in|||
|current gains and losses|||
|Notes receivable|||
|Accounts receivable|474,856,380.85|561,165,822.31|
|Accounts paid in advance|201,548.20|92,985.00|
|Interest receivable|||
|Dividend receivable|56,264,962.17|654,140,866.58|
|Other receivables|1,693,122,349.86|1,589,545,170.22|
|Inventories|83,070,813.58|84,396,527.41|
|Divided into assets held ready for|||
|sales|||
|Non-current asset due within one year|||
|Other current assets|376,253,065.02|418,542,707.70|
|Total current assets|2,954,145,558.68|3,577,441,762.90|
|Non-current assets:|||
|Finance asset available for sales|57,315,000.00|57,315,000.00|
|Held-to-maturity investment|||
|Long-term account receivable|||

||||
|-|-|-|
|Long-term equity investment|691,982,849.76|691,982,849.76|
|Investment real estate|||
|Fixed assets|257,800,691.19|269,217,021.95|
|Construction in progress|37,147,479.44|37,711,980.01|
|Engineering material|||
|Disposal of fixed asset|||
|Productive biological asset|||
|Oil and gas asset|||
|Intangible assets|7,285,084.70|8,010,181.91|
|Expense on Research and Development|||
|Goodwill|||
|Long-term expenses to be apportioned|||
|Deferred income tax asset|||
|Other non-current asset|||
|Total non-current asset|1,051,531,105.09|1,064,237,033.63|
|Total assets|4,005,676,663.77|4,641,678,796.53|
|Current liabilities:|||
|Short-term loans|1,739,000,000.00|1,929,000,000.00|
|Financial liability measured by fair|||
|value and with variation reckoned into|||
|current gains/losses|||
|Notes payable|90,000,000.00|50,000,000.00|
|Accounts payable|336,252,543.32|140,299,583.60|
|Accounts received in advance||162,402.70|
|Wage payable|32,861,857.05|24,911,363.28|
|Taxes payable|1,713,864.87|11,566,882.79|
|Interest payable|3,455,704.83|3,526,868.54|
|Dividend payable|||
|Other accounts payable|109,144,206.49|769,598,877.74|
|Divided into liability held ready|||
|for sale|||
|Non-current liabilities due within 1 year|||
|Other current liabilities|||
|Total current liabilities|2,312,428,176.56|2,929,065,978.65|
|Non-current liabilities:|||

||||
|-|-|-|
|Long-term loans|||
|Bonds payable|||
|Long-term account payable|||
|Special accounts payable|||
|Projected liabilities|||
|Deferred income tax liabilities|||
|Other non-current liabilities|31,694,157.24|33,655,528.23|
|Total non-current liabilities|31,694,157.24|33,655,528.23|
|Total liabilities|2,344,122,333.80|2,962,721,506.88|
|Owner’s equity (or shareholders’|||
|equity):|||
|Paid-up capital (or share capital)|602,762,596.00|602,762,596.00|
|Capital public reserve|288,769,132.47|288,769,132.47|
|Less: Inventory shares|||
|Reasonable reserve|||
|Other comprehensive income|||
|Surplus public reserve|332,908,397.60|332,908,397.60|
|General risk reserve|||
|Retained profit|437,114,203.90|454,517,163.58|
|Balance difference of foreign currency|||
|translation|||
|Total owner’s equity(or shareholders’|1,661,554,329.97|1,678,957,289.65|
|equity)|||
|Total liabilities and owner’s equity(or|4,005,676,663.77|4,641,678,796.53|
|shareholders’ equity)|||

Legal representative: Chairman Yang Haixian
Person in charge of accounting works: Director GM Fu Bo; CFO Lu Xiaoping
Person in charge of accounting institution: Financial Manager Huang Jian
3. Consolidated Profit Statement (this report period)
Prepared by Shenzhen Nanshan Power Co., Ltd
In RMB
||||
|-|-|-|
|Item|Amount in this period|Amount in last period|
|I. Total operating income|454,105,605.95|377,459,041.23|
|Including: Operating income|454,105,605.95|377,459,041.23|
|Interest income|||
|Insurance gained|||
|Commission charge and commission|||
|income|||
|II. Total operating cost|715,941,502.95|675,373,038.44|

||||
|-|-|-|
|Including: Operating cost|631,861,783.90|611,435,993.69|
|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|1,632,600.04|1,505,393.09|
|Sales expenses|1,021,254.48|1,107,191.37|
|Administration expenses|24,009,056.89|22,338,338.27|
|Financial expenses|57,416,807.64|38,986,122.02|
|Losses of devaluation of asset|||
|Add: Changing income of fair|||
|value(Loss is listed with “-”)|||
|Investment income (Loss is listed with|-452,525.72||
|“-”)|||
|Including: Investment income on|||
|affiliated company and joint venture|||
|Exchange income (Loss is listed with|||
|“-”)|||
|III. Operating profit (Loss is listed|-262,288,422.72|-297,913,997.21|
|with “-”)|||
|Add: Non-operating income|231,558,089.79|181,649,915.35|
|Less: Non-operating expense|0.00|35,603.65|
|Including: Disposal loss of non-current|||
|asset|||
|IV. Total Profit (Loss is listed with|-30,730,332.93|-116,299,685.51|
|“-”)|||
|Less: Income tax expense|229,349.34|0.00|
|V. Net profit (Net loss is listed with “-”)|-30,959,682.27|-116,299,685.51|
|Including: net profit realized before|||
|consolidation by mergered party|||
|Net profit attributable to owner’s of|-13,949,995.11|-95,254,016.43|
|parent company|||
|Minority shareholders’ gains and losses|-17,009,687.16|-21,045,669.08|
|VI. Earnings per share|--|--|
|i. Basic earnings per share|-0.020|-0.160|
|ii. Diluted earnings per share|-0.020|-0.160|
|VII. Other consolidated income|||

||||
|-|-|-|
|Inc: Other comprehensive items un-able|||
|to re-classify as gains/losses in later|||
|accounting period|||
|Other comprehensive items able to|||
|re-classify as gains/losses in later|||
|accounting period while regulated|||
|conditions are satisfy|||
|VIII. Total comprehensive income|-30,959,682.27|-116,299,685.51|
|Total consolidated income attributable|-13,949,995.11|-95,254,016.43|
|to owners of parent company|||
|Total consolidated income attributable|-17,009,687.16|-21,045,669.08|
|to minority shareholders|||

Legal representative: Chairman Yang Haixian
Person in charge of accounting works: Director GM Fu Bo; CFO Lu Xiaoping
Person in charge of accounting institution: Financial Manager Huang Jian
4. Profit Statement of parent company (this report period)
Prepared by Shenzhen Nanshan Power Co., Ltd
In RMB
||||
|-|-|-|
|Items|||
||Amount in this period|Amount in last period|
|I. Operating income|167,075,024.68|70,126,843.50|
||253,432,480.70|160,492,787.13|
|Less: operating cost|||
|Operating tax and extras|1,372,792.29|1,280,410.52|
|Sales expenses|||
||12,780,474.64|7,669,646.17|
|Administration expenses|||
||15,276,807.35|12,147,809.10|
|Financial expenses|||
|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|-115,787,530.30|-111,463,809.42|
|with “-”)|||
||124,796,390.33|65,849,290.33|
|Add: Non-operating income|||
|Less: Non-operating expense|||
|Including: Disposal loss of non-current|||
|asset|||
|III. Total Profit (Loss is listed with|9,008,860.03|-45,614,519.09|
|“-”)|||
|Less: Income tax expense|||
|IV. Net profit (Net loss is listed with|9,008,860.03|-45,614,519.09|
|“-”)|||
||--|--|
|V. Earnings per share|||
|i. Basic earnings per share|||

||||
|-|-|-|
|ii. Diluted earnings per share|||
|VI. Other consolidated income|||
|Inc: Other comprehensive items un-able|||
|to re-classify as gains/losses in later|||
|accounting period|||
|Other comprehensive items|||
|able to re-classify as gains/losses in|||
|later accounting period while regulated|||
|conditions are satisfy|||
|VII. Total comprehensive income|9,008,860.03|-45,614,519.09|

 Legal representative: Chairman Yang Haixian
Person in charge of accounting works: Director GM Fu Bo; CFO Lu Xiaoping
Person in charge of accounting institution: Financial Manager Huang Jian
5. Consolidated profit statement (from year-begin to end of this period)
Prepared by Shenzhen Nanshan Power Co., Ltd
In RMB
||||
|-|-|-|
|Item|Amount in this period|Amount in last period|
|I. Total operating income|981,503,161.72|942,935,976.14|
|Including: Operating income|981,503,161.72|942,935,976.14|
|Interest income|||
|Insurance gained|||
|Commission charge and commission|||
|income|||
|II. Total operating cost|1,627,453,193.69|1,737,743,181.81|
|Including: Operating cost|1,388,326,775.28|1,522,600,218.91|
|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|4,988,393.00|4,529,450.82|
|Sales expenses|2,681,218.17|2,204,982.07|
|Administration expenses|67,200,133.52|67,417,079.71|
|Financial expenses|164,256,673.72|140,991,450.30|

||||
|-|-|-|
|Losses of devaluation of asset|||
|Add: Changing income of fair|||
|value(Loss is listed with “-”)|||
|Investment income (Loss is listed with|-1,722,673.24||
|“-”)|||
|Including: Investment income on|||
|affiliated company and joint venture|||
|Exchange income (Loss is listed with|||
|“-”)|||
|III. Operating profit (Loss is listed|-647,672,705.21|-794,807,205.67|
|with “-”)|||
|Add: Non-operating income|517,174,537.29|564,815,008.67|
|Less: Non-operating expense|10,380.50|45,603.65|
|Including: Disposal loss of non-current|||
|asset|||
|IV. Total Profit (Loss is listed with|-130,508,548.42|-230,037,800.65|
|“-”)|||
|Less: Income tax expense|1,922,112.60||
|V. Net profit (Net loss is listed with “-”)|-132,430,661.02|-230,037,800.65|
|Including: net profit realized before|||
|consolidation by mergered party|||
|Net profit attributable to owner’s of|-89,197,843.82|-196,789,365.10|
|parent company|||
|Minority shareholders’ gains and losses|-43,232,817.20|-33,248,435.55|
|VI. Earnings per share|--|--|
|i. Basic earnings per share|-0.150|-0.330|
|ii. Diluted earnings per share|-0.150|-0.330|
|VII. Other consolidated income|||
|Inc: Other comprehensive items un-able|||
|to re-classify as gains/losses in later|||
|accounting period|||
|Other comprehensive items|||
|able to re-classify as gains/losses in|||
|later accounting period while regulated|||
|conditions are satisfy|||
|VIII. Total comprehensive income|-132,430,661.02|-230,037,800.65|
|Total consolidated income attributable|-89,197,843.82|-196,789,365.10|
|to owners of parent company|||
|Total consolidated income attributable|-43,232,817.20|-33,248,435.55|
|to minority shareholders|||

Legal representative: Chairman Yang Haixian
Person in charge of accounting works: Director GM Fu Bo; CFO Lu Xiaoping
Person in charge of accounting institution: Financial Manager Huang Jian
6. Profit Statement of parent company (from year-begin to end of this period)
Prepared by Shenzhen Nanshan Power Co., Ltd
In RMB
||||
|-|-|-|
|Items|||
||Amount in this period|Amount in last period|
||372,908,544.41|214,311,934.01|
|I. Operating income|||
||592,135,728.48|483,656,279.61|
|Less: operating cost|||
|Operating tax and extras|3,960,335.86|3,823,474.57|
|Sales expenses|||
||31,117,830.66|20,615,728.59|
|Administration expenses|||
||49,177,681.08|45,831,684.12|
|Financial expenses|||
|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|-303,483,031.67|-339,615,232.88|
|with “-”)|||
||286,080,071.99|250,272,170.99|
|Add: Non-operating income|||
|Less: Non-operating expense|||
|Including: Disposal loss of non-current|||
|asset|||
|III. Total Profit (Loss is listed with|-17,402,959.68|-89,343,061.89|
|“-”)|||
|Less: Income tax expense|||
|IV. Net profit (Net loss is listed with|-17,402,959.68|-89,343,061.89|
|“-”)|||
||--|--|
|V. Earnings per share|||
|i. Basic earnings per share|||
|ii. Diluted earnings per share|||
|VI. Other consolidated income|||
|Inc: Other comprehensive items un-able|||
|to re-classify as gains/losses in later|||
|accounting period|||
|Other comprehensive items|||
|able to re-classify as gains/losses in|||
|later accounting period while regulated|||
|conditions are satisfy|||
|VII. Total comprehensive income|-17,402,959.68|-89,343,061.89|

Legal representative: Chairman Yang Haixian
Person in charge of accounting works: Director GM Fu Bo; CFO Lu Xiaoping
Person in charge of accounting institution: Financial Manager Huang Jian
7. Consolidated Cash Flow Statement (from year-begin to end of this period)
Prepared by Shenzhen Nanshan Power Co., Ltd
In RMB
||||
|-|-|-|
|Item|||
||Amount in this period|Amount in last period|
|I. Cash flows arising from operating|||
|activities:|||
|Cash received from selling commodities|1,085,104,240.83|1,054,690,247.15|
|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 disposal of transaction|||
|financial asset|||
|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|500,907,400.32|730,185,430.66|
|operating activities|||
|Subtotal of cash inflow arising from|1,586,011,641.15|1,784,875,677.81|
|operating activities|||
|Cash paid for purchasing commodities|1,071,338,360.92|1,004,529,440.70|
|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|||
||86,740,918.21|85,041,035.84|
|Cash paid to/for staff and workers|||
||35,272,888.84|17,228,311.84|
|Taxes paid|||
|Other cash paid concerning operating|37,700,840.02|119,047,925.26|
|activities|||
|Subtotal of cash outflow arising from|1,231,053,007.99|1,225,846,713.64|
|operating activities|||
|Net cash flows arising from operating|354,958,633.16|559,028,964.17|
|activities|||
|II. Cash flows arising from investing|||
|activities:|||
|Cash received from recovering|||
|investment|||
|Cash received from investment income|||

||||
|-|-|-|
|Net cash received from disposal of|||
||192,000.00|320,000.00|
|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|192,000.00|320,000.00|
|activities|||
|Cash paid for purchasing fixed,|43,111,280.74|10,394,182.98|
|intangible and other long-term assets|||
|||8,000,000.00|
|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|43,111,280.74|18,394,182.98|
|activities|||
|Net cash flows arising from investing|-42,919,280.74|-18,074,182.98|
|activities|||
|III. Cash flows arising from financing|||
|activities|||
|Cash received from absorbing|||
|investment|||
|Including: Cash received from|||
|absorbing minority shareholders’|||
|investment by subsidiaries|||
||2,658,813,209.20|2,278,961,917.89|
|Cash received from loans|||
|Cash received from issuing bonds|||
|Other cash received concerning|5,000,000.00||
|financing activities|||
|Subtotal of cash inflow from financing|2,663,813,209.20|2,278,961,917.89|
|activities|||
||2,867,885,127.09|2,377,867,212.60|
|Cash paid for settling debts|||
|Cash paid for dividend and profit|156,998,947.52|191,146,896.68|
|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|3,024,884,074.61|2,569,014,109.28|
|activities|||
|Net cash flows arising from financing|-361,070,865.41|-290,052,191.39|
|activities|||
|IV. Influence on cash and cash|||
||46,664.61|-175,778.43|
|equivalents due to fluctuation in|||
|exchange rate|||
|V. Net increase of cash and cash|-48,984,848.38|250,726,811.37|
|equivalents|||
|Add: Balance of cash and cash|538,054,829.52|526,852,121.41|
|equivalents at the period -begin|||
|VI. Balance of cash and cash|489,069,981.14|777,578,932.78|
|equivalents at the period -end|||

Legal representative: Chairman Yang Haixian
Person in charge of accounting works: Director GM Fu Bo; CFO Lu Xiaoping
Person in charge of accounting institution: Financial Manager Huang Jian
8. Cash Flow Statement of parent company (from year-begin to end of this period)
Prepared by Shenzhen Nanshan Power Co., Ltd
In RMB
||||
|-|-|-|
|Item|Amount in this period|Amount in last period|
|I. Cash flows arising from operating|||
|activities:|||
|Cash received from selling commodities|511,611,777.85|460,580,584.80|
|and providing labor services|||
|Write-back of tax received|||
|Other cash received concerning|440,004,323.29|582,445,086.99|
|operating activities|||
|Subtotal of cash inflow arising from|951,616,101.14|1,043,025,671.79|
|operating activities|||
|Cash paid for purchasing commodities|338,093,043.95|279,095,567.50|
|and receiving labor service|||
||52,098,759.20|46,666,025.39|
|Cash paid to/for staff and workers|||
||16,459,392.36|8,619,616.43|
|Taxes paid|||
|Other cash paid concerning operating|248,952,323.81|399,580,750.38|
|activities|||
|Subtotal of cash outflow arising from|655,603,519.32|733,961,959.70|
|operating activities|||
|Net cash flows arising from operating|296,012,581.82|309,063,712.09|
|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,|1,421,519.17|2,145,916.53|
|intangible and other long-term assets|||
|Cash paid for investment||8,000,000.00|
|Net cash received from subsidiaries and|||
|other units|||
|Other cash paid concerning investing|||
|activities|||
|Subtotal of cash outflow from investing|||
||1,421,519.17|10,145,916.53|
|activities|||
|Net cash flows arising from investing|-1,421,519.17|-10,145,916.53|
|activities|||
|III. Cash flows arising from financing|||
|activities|||
|Cash received from absorbing|||
|investment|||
||1,689,000,000.00|1,539,000,000.00|
|Cash received from loans|||
|Cash received from issuing bonds|||
|Other cash received concerning|5,000,000.00||
|financing activities|||

||||
|-|-|-|
|Subtotal of cash inflow from financing|1,694,000,000.00|1,539,000,000.00|
|activities|||
||1,879,000,000.00|1,559,000,000.00|
|Cash paid for settling debts|||
|Cash paid for dividend and profit|103,771,227.04|92,332,717.29|
|distributing or interest paying|||
|Other cash paid concerning financing|||
|activities|||
|Subtotal of cash outflow from financing|1,982,771,227.04|1,651,332,717.29|
|activities|||
|Net cash flows arising from financing|-288,771,227.04|-112,332,717.29|
|activities|||
|IV. Influence on cash and cash|||
||-1,080.29|-496.81|
|equivalents due to fluctuation in|||
|exchange rate|||
|V. Net increase of cash and cash|5,818,755.32|186,584,581.46|
|equivalents|||
|Add: Balance of cash and cash|264,557,683.68|204,114,395.05|
|equivalents at the period -begin|||
|VI. Balance of cash and cash|270,376,439.00|390,698,976.51|
|equivalents at the period -end|||

Legal representative: Chairman Yang Haixian
Person in charge of accounting works: Director GM Fu Bo; CFO Lu Xiaoping
Person in charge of accounting institution: Financial Manager Huang Jian
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