Sino Great Wall Co., Ltd. The Third Quarterly Report 2018 Stock code: 000018，200018 Stock ID : Sino Great Wall，Sino B Announcement No. 2018-137 Sino Great Wall Co., Ltd.
The Third Quarterly Report 2018
October 2018
Sino Great Wall Co., Ltd. The Third Quarterly Report 2018 1 Important Notice
The Board of Directors ,Supervisory Committee, all directors, supervisors and senior executives of the Company hereby guarantees that there are no misstatement, misleading representation or important omissions in this report and shall assume joint and several liability for the authenticity, accuracy and completeness of the contents hereof. All the directors attended the board meeting for reviewing the Quarterly Report.
Mr.Chen Lue, Person in charge of the Company, Mr.Tang Xianyong, Chief financial officer and the Mr. Tang Xianyong, the person in charge of the accounting department (the person in charge of the accounting )hereby confirm the authenticity and completeness of the financial report enclosed in this Quarterly Report.
Sino Great Wall Co., Ltd. The Third Quarterly Report 2018 II. Basic information about the company
I.Main financial data and financial index
Indicate by tick mark whether the Company needs to retroactively restate any of its accounting data.
□ Yes√ No
|||||||||||
|-|-|-|-|-|-|-|-|-|-|
|||As at the end of the||||||Changed （%）over end of||
||||||As at the end of last year|||||
|||reporting period||||||prev. year||
|Gross assets（Yuan）|10,995,887,423.35|||11,667,845,186.30||||-5.76%||
|Net assets attributable to the|2,085,798,371.28|||2,151,482,467.52||||||
|shareholders of the listed||||||||-3.05%||
|company（Yuan）||||||||||
||||||||Between beginning|||
||||Increase/decrease|||||||
||||||||of the year to the||Changed （%）over|
|||Reporting period|over the same period|||||||
||||||||end of the report||end of prev. year|
||||of last year（%）|||||||
||||||||period|||
|Operating income（Yuan）|672,083,613.81||-59.52%|||2,259,055,189.05|||-51.78%|
|Net profit attributable to the|-118,516,821.76|||||25,482,633.97||||
|shareholders of the listed|||-183.55%||||||-93.79%|
|company（Yuan）||||||||||
|Net profit after deducting of||||||||||
|non-recurring gain/loss||||||||||
|||-144,157,168.16|-201.54%||||-178,741,907.03||-143.93%|
|attributable to the shareholders||||||||||
|of listed company（Yuan）||||||||||
|Cash flow generated by business||||||1,287,313,317.95||||
|||--|--||||||263.90%|
|operation, net（Yuan）||||||||||
|Basic earning per|-0.0698|||||0.0150||||
||||-183.59%||||||-93.75%|
|share(Yuan/Share)||||||||||
|Diluted gains per|-0.0698|||||0.0150||||
||||-183.59%||||||-93.75%|
|share(Yuan/Share)||||||||||
|Weighted average income/asset||||||||||
|||-5.52%|-12.61%||||1.20%||-20.29%|
|ratio（%）||||||||||

Items and amount of non-current gains and losses
√ Applicable□ Not applicable
In RMB yuan
||||
|-|-|-|
||Amount (Year-beginning to||
|Items|the end of the report|Notes|
||period.)||
|Non-current asset disposal gain/loss(including the write-off part|||
||-641,051.32||
|for which assets impairment provision is made)|||
|Income from the exceeding part between investment cost of the|||
|||Mainly due to the acquisition|
|Company paid for obtaining subsidiaries, associates and|||
||70,486,755.72|of Baden-Baden Hospital|
|joint-ventures and recognizable net assets fair value attributable|||
|||evaluation value-added|
|to the Company when acquiring the investment|||
|Net amount of non-operating income and expense except the|134,378,836.60|Mainly due to the Land|

Sino Great Wall Co., Ltd. The Third Quarterly Report 2018
||||
|-|-|-|
|aforesaid items||compensation paid by Union|
|||Holdings|
|Total|204,224,541.00|--|

Explain the reasons if the Company classifies an item as an extraordinary gain/loss according to the definition in the Explanatory Announcement No.1 on Information Disclosure for Companies Offering Their Securities to the Public-Extraordinary Gains and Losses, or classifies any extraordinary gain/loss item mentioned in the said explanatory announcement as a recurrent gain/loss item.
□ Applicable√Not applicable
None of Non-recurring gain /loss items recognized as recurring gain /loss/items as defined by the information disclosure explanatory Announcement No.1- Non–recurring gain/loss in the report period.
II.Total Shareholders and Shares Held by Top Ten Shareholders at the End of the Reporting Period 1. About Total Common Shareholders, Total Preference Shareholders with the Voting Power Recovered and the Shares Held by Top Ten Common Shareholders
In shares
|||||||||||||||
|-|-|-|-|-|-|-|-|-|-|-|-|-|-|
|||||||||Total preference||||||
|||||||||shareholders with the voting||||||
||Total number of common|||||||||||||
||||||71,164|||power recovered at the end||||0||
||shareholders at the period-end|||||||||||||
|||||||||of the reporting period(if||||||
|||||||||any)||||||
||Shares held by the top 10 shareholders|||||||||||||
|||||||||||Amount of|Pledging or freezing|||
|||||||||||tradable shares||||
||Shareholder||Properties of||Share|||||||||
||||||||Quantity|||with|Status of the|||
||name||shareholder||proportion %||||||||Quantity|
|||||||||||Conditional|shares|||
|||||||||||held||||
|Chen Lue||DomesticNatural person||34.36%||583,454,556|||581,340,196|||||
||||||||||||freeze||583,454,556|
|STYLE-SUCCESS LIMITED||Foreign legalperson||5.47%||92,970,910||||||||
|UnionHoldings Co.,Ltd.||Domestic Non-State-ownedlegal person||5.18%||87,935,921||||||||
|He Feiyan||DomesticNatural person||3.23%||54,800,458|||54,800,458|||||
||||||||||||freeze||54,800,458|
|Jiutai Fund－Bank ofCommunications－JiutaiHuitong No.2specificcustomer assetmanagement||Other||2.50%||42,479,672|||42,479,672|||||

Sino Great Wall Co., Ltd. The Third Quarterly Report 2018
|||||||||
|-|-|-|-|-|-|-|-|
|plan||||||||
|Rich CrownInvestment Co.,Ltd.||Foreign legalperson|1.37%||23,235,313|||
|Qinghai HeyiIndustryDevelopmentCo.,Ltd/||Domestic Non-State-ownedlegal person|0.79%||13,357,084|||
|||||||Pledge|13,357,000|
|Huang Huaian||DomesticNatural person|0.72%||12,288,800|||
|# Li Guanping||DomesticNatural person|0.49%||8,236,700|||
|ZhengQianghui||DomesticNatural person|0.35%||6,000,026|||
||Shares held by the Top 10 Shareholders of Non-restricted shares|||||||
|||||Quantity of unrestricted shares held at the end of the||Share type||
||Name of the shareholder|||||||
|||||reporting period||Share type|Quantity|
|STYLE-SUCCESS LIMITED|||92,970,910|||Foreign shares||
|||||||placed in||
||||||||92,970,910|
|||||||domestic||
|||||||exchange||
|Union Holdings Co., Ltd.|||87,935,921|||RMB Common||
||||||||87,935,921|
|||||||shares||
|Rich Crown Investment Co., Ltd.|||23,235,313|||Foreign shares||
|||||||placed in||
||||||||23,235,313|
|||||||domestic||
|||||||exchange||
|Qinghai Heyi IndustryDevelopment Co.,Ltd/|||13,357,084|||RMB Common||
||||||||13,357,084|
|||||||shares||
|Huang Huaian|||12,288,800|||RMB Common||
||||||||12,288,800|
|||||||shares||
|# Li Guanping|||8,236,700|||RMB Common||
||||||||8,236,700|
|||||||shares||
|Zheng Qianghui|||6,000,026|||RMB Common||
||||||||6,000,026|
|||||||shares||
|Chen Cheng|||6,000,000|||RMB Common||
||||||||6,000,000|
|||||||shares||
|Jiangxi Kangfu Real Estate Co.,Ltd.|||5,700,000|||RMB Common||
||||||||5,700,000|
|||||||shares||
|Chen Lihong|||4,775,760|||Foreign shares||
|||||||placed in||
||||||||4,775,760|
|||||||domestic||
|||||||exchange||

Sino Great Wall Co., Ltd. The Third Quarterly Report 2018
|||
|-|-|
||The above shareholder Mr. Chen Lu and the shareholder Ms. He Feiyan are acting in|
|Explanation on associated||
||concert; the shareholder “Union Holdings Co., Ltd.”and the shareholder “Rich Crown|
|relationship or concerted action of||
||Investment Co., Ltd.”, whose controlling shareholder is “Union Development Group|
|the above shareholders||
||Co.,Ltd.”. whether the other shareholders have associated relations are unknown.|
|Note to the top 10 common||
|stockholders involved in margin||
||Nil|
|financing & securities lending (If||
|any)||

Whether top ten common shareholders or top ten common shareholders with un-restrict shares held have a buy-back agreement dealing in reporting period.
□ Yes√ No
The top ten common shareholders or top ten common shareholders with un-restrict shares held of the Company have no buy–back agreement dealing in reporting period.
2.Total number of preferred shareholders and shareholding of top 10 preferred shareholders by the end of the report period
□ Applicable√Not applicable
Sino Great Wall Co., Ltd. The Third Quarterly Report 2018 III. Significant Events
I. Major changes of main accounting statement items and financial indicators in the reporting period, as well as reasons for the changes
√ Applicable□ Not applicable
||||||
|-|-|-|-|-|
|Items|This period/Year-endbalance|Same period of thepreviousyear/Year-beginningbalance|Changes %|Remarks on the change|
||||55.16%|Mainly due to the increase of companybill collection.|
|Notes receivable|447,177,239.41|288,201,562.88|||
||||87.55%|Mainly due to the merger of AcuraKliniken Baden-Baden GmbH|
|Fixed assets|327,340,997.07|174,537,150.56|||
||||-91.20%|Mainly due to installation of overseasequipment|
|Construction in progress|437,000.00|4,968,590.96|||
||||159.89%|Mainly due to the increase in short-termcapital borrowing.|
|Other account payable|1,395,803,754.30|537,070,684.98|||
|Non-current liability due in 1|||45.39%|Mainly due to the maturity of the loan inthe coming year.|
||1,192,851,267.22|820,422,471.45|||
|year|||||
||||-82.21%|Mainly due to the maturity of the loan inthe coming year.|
|Long-term Borrowing|150,000,000.00|843,092,471.02|||
||||98.92%|Mainly due to the merger of AcuraKliniken Baden-Baden GmbH|
|Deferred tax liability|51,894,878.61|26,088,961.71|||
||||-51.78%|Mainly for the national credit tightening,the tight capital led to the company'sbusiness contraction, the projectprogressed slowly.|
|Business income|2,259,055,189.05|4,685,207,526.32|||
|Business cost|1,970,673,537.82|3,657,257,165.36|-46.12%|Due to reduced operating income.|
||||202.71%|Due to the increased Long-term andshort-term borrowing.|
|Financial expenses|400,405,629.14|132,272,854.08|||
|Income tax expenses|7,699,247.03|81,101,852.86|-90.51%|Due to reduced profits.|
|Net cash flow generated by|||-263.90%|Mainly because the current payment isbetter.|
||1,287,313,317.95|-785,444,322.16|||
|operation activities|||||
|Net cash flow generated by|||-42.07%|Mainly due to reduced investment.|
||-351,491,732.24|-606,720,595.95|||
|investment activities|||||
|Net cash flow generated by|||-188.14%|Mainly due to the repayment of loans inthe current period.|
||-1,424,770,406.23|1,616,558,862.59|||
|financing activities|||||

II. The progress of significant events and influence, as well as the analysis and explanation on resolving proposal.
□ Applicable√ Not applicable
Sino Great Wall Co., Ltd. The Third Quarterly Report 2018 III. Commitments finished in implementation by the Company, shareholders, actual controller, acquirer, directors, supervisors, senior executives or other related parties in the reporting period and commitments unfinished in implementation at the end of the reporting period
□ Applicable√ Not applicable
The company has no commitments completed in period and those without completed till lend of the period from actual controller, shareholders, related parties, purchaser and companies.
IV. Anticipation of Business Performance of 2018
Alert of loss or significant change in net profit from the beginning of year to the end of next report period or comparing with the same period of last year, and statement of causations.
□ Applicable√ Not applicable
V. Investment in securities
□ Applicable√ Not applicable
No securities investment in period.
VI. Entrusted Financial Management
□ Applicable√ Not applicable
No securities investment in period.
VII. Investment in derivatives
□ Applicable√Not applicable
There is no derivative investment during the report period.
VIII. The registration form of acceptance of investigation, communication and interview in the report period for future reference
□ Applicable√ Not applicable
The Period has no research, communication and written inquiry from the investors in the report period.
IX. External guarantee get out of line
□ Applicable√Not applicable
The Company has no external guarantee get out of the line in the Period
X. Controlling shareholder and its related parties occupying non-business capital of the listed company□ Applicable√Not applicable
There are no controlling shareholder and its related parties occupying non-business capital of the listed company in Period
Legal representative：Chen Lue Sino Great Wall Co., Ltd.
October 31,2018