Shenzhen Tellus Holding Co., Ltd.
The Third Quarterly Report For 2015
October 2015
Section I. Important Notice
Board of Directors, Supervisory Committee, all directors, supervisors and senior executives of Shenzhen Tellus Holding 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.
All directors are present the meeting of the Board for deliberating the Third Quarter Report of the Company in person.
Lv Hang, person in charge of the Company, head of the accounting works Yang Jianping and Ke Wensheng, accounting body principals (accountant in charge) 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)|1,130,845,061.78||806,324,777.80||40.25%||
|Net assets attributable to|844,095,393.66||191,880,262.80||||
|shareholders of listed company|||||339.91%||
|(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)|73,318,969.97|-34.08%||231,810,751.81||-31.80%|
|Net profit attributable to|11,044,774.84|||18,695,130.86|||
|shareholders of the listed company||||||349.67%|
|(RMB)|||||||
|Net profit attributable to|||||||
|shareholders of the listed company|||||||
||1,221,254.10|||8,737,793.81||208.85%|
|after deducting non-recurring gains|||||||
|and losses(RMB)|||||||
|Net cash flow arising from||||37,905,539.85|||
||--|--||||53.44%|
|operating activities(RMB)|||||||
|Basic earnings per share|0.0407|||0.0688|||
|||||||264.02%|
|(RMB/Share)|||||||
|Diluted earnings per share|0.0407|||0.0688|||
|||||||264.02%|
|(RMB/Share)|||||||
|Weighted average ROE|1.32%|2.05%||3.61%||1.35%|

 Items and amount of extraordinary profit (gains)/losses
√Applicable □Not applicable
In RMB
||||
|-|-|-|
||Amount from year-begin to||
|Item||Note|
||end of the Period||
|Gains/losses from the disposal of non-current asset (including the|-20,091.85||

||||
|-|-|-|
|write-off that accrued for impairment of assets)|||
|Gains/losses from entrusted investment or assets management|1,540,958.89||
|Gains/losses of debt restructuring|17,877.02||
|Other non-operating income and expenditure except for the|||
||43,104.71||
|aforementioned items|||
|||Terminated original retirement|
|Other gains/losses comply with definition of non-recurring|||
||9,722,688.86|plan in the Period, and the|
|gains/losses|||
|||balance are charge back|
|Less: impact on income tax|1,252,448.81||
|Impact on minority shareholders’ equity (post-tax)|94,751.77||
|Total|9,957,337.05|--|

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 at|||||||
|||58,227|||||
|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|||
|SHENZHENSDG CO., LTD|State-ownedcorporate|51.09%|151,870,560|20,587,056|||
|Shenzhen CapitalFortune JewelryIndustryInvestmentEnterprise|Domesticnon-state-ownedcorporate|23.88%|71,000,000|71,000,000|||

|||||||
|-|-|-|-|-|-|
|(limitedpartnership)||||||
|GUOTAIJUNANSECURITIES(HONGKONG)LIMITED|Foreigncorporation|0.50%|1,478,232|||
|KGI ASIALIMITED|Foreigncorporation|0.31%|931,311|||
|Zheng Nanrong|Domestic natureperson|0.23%|687,700|||
|FISRTSHANGHAISECURITIESLTD.|Foreigncorporation|0.22%|658,502|||
|Shanghai H.K.WanguoSecurities|Foreigncorporation|0.19%|570,864|||
|Ling Fenyuan|Domestic natureperson|0.18%|520,358|||
|Weng Zhengwen|Foreign natureperson|0.16%|464,534|||
|Liu Hua|Domestic natureperson|0.15%|454,715|||
|Particular about top ten common shareholders with un-restrict shares held||||||
|||||Type of shares||
|Shareholders||Amount of un-restrict common shares held||||
|||||Type|Amount|
|SHENZHEN SDG CO., LTD||131,283,504||RMB ordinary||
||||||131,283,504|
|||||shares||
|GUOTAI JUNANSECURITIES(HONGKONG)LIMITED||1,478,232||Domestically||
|||||listed foreign|1,478,232|
|||||shares||
|KGI ASIA LIMITED||931,311||Domestically||
|||||listed foreign|931,311|
|||||shares||
|Zheng Nanrong||687,700||RMB ordinary||
||||||687,700|
|||||shares||
|FISRT SHANGHAI SECURITIESLTD.||658,502||Domestically||
||||||658,502|
|||||listed foreign||

|||||
|-|-|-|-|
|||shares||
|Shanghai H.K. Wanguo Securities|570,864|Domestically||
|||listed foreign|570,864|
|||shares||
|Ling Fenyuan|520,358|Domestically||
|||listed foreign|520,358|
|||shares||
|Weng Zhengwen|464,534|Domestically||
|||listed foreign|464,534|
|||shares||
|Liu Hua|454,715|Domestically||
|||listed foreign|454,715|
|||shares||
|Zeng Huiming|400,000|Domestically||
|||listed foreign|400,000|
|||shares||
||Among the top ten shareholders, there exists no associated relationship between the|||
||state-owned legal person’s shareholders Shenzhen SDG Co., Ltd and other shareholders, and|||
|Explanation on associated||||
||they do not belong to the consistent actionist regulated by the Management Measure of|||
|relationship among the top ten||||
||Information Disclosure on Change of Shareholding for Listed Companies. For the other|||
|shareholders or consistent action||||
||shareholders of circulation share, the Company is unknown whether they belong to the|||
||consistent actionist.|||

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 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
|||||||
|-|-|-|-|-|-|
|Balance Sheet||||||
|Assets|Closing balance|Opening balance|Amount changed|Ratio changed|Causes|
|Monetary fund|127,041,585.85|80,045,669.65|46,995,916.20|58.71%|The deposit increased due to thefund-raising from private placement arefully funded|
|Account receivable|3,395,519.89|1,373,257.89|2,022,262.00|147.26%|Mortgage for vehicle receivable from theBank increased in Huari Company|
|Account paid inadvance|27,306,408.92|6,981,402.87|20,325,006.05|291.13%|The engineering and equipment accountfor the 1st phase of jewelry Building arepaid by Zhongtain Company in advance|
|Other accountreceivable|4,644,548.96|7,904,999.44|-3,260,450.48|-41.25%|The account receivable are collected|
|Inventory|8,792,343.70|48,209,026.18|-39,416,682.48|-81.76%|After vehicle purchase restrictions, thefactory Toyota adjusted the year-plantarget, Huari Company currting inventory|
|Other currentassets|220,019,674.72|8,968,278.77|211,051,395.95|2353.31%|Decreased in the Period mainly becausethe VAT input tax from subsidiary HuariToyota Company are declined|
|Construction inprocess|223,450,491.52|122,551,469.97|100,899,021.55|82.33%|The investment are increased with theconstruction progress of the first phase ofTellus Shuibei Jewelry Building|
|Short-term loans|20,680,480.00|74,719,672.00|-54,039,192.00|-72.32%|All bank loans 54 million Yuan are paid inthe Period|
|Account receivedin advance|4,846,834.45|9,979,166.89|-5,132,332.44|-51.43%|The sales are carried over to vechicle salesreceived in advance from subsidiary HuariToyota Company|
|Non-currentliability due withinone year|73,000,000.00|120,700,000.00|-47,700,000.00|-39.52%|Headquarter of the Tellus paid the loans toChina CITIC Bank|
|Long-term loans|0.00|178,597,550.55|-178,597,550.55||Headquarter of the Tellus paid the 132.3million Yuan loans to China CITIC Bankand Zhongtain Company paid 71 millionYuan loans to China Construction Bank(including loans at year-beginning 46.3|

|||||||
|-|-|-|-|-|-|
||||||million Yuan paid and new loans in thePeriod 24.7 million Yuan paid)|
|Long-term wagespayable|0.00|9,953,557.75|-9,953,557.75||Terminated original retirement plan in thePeriod, and the balance are charge back|
|Other non-currentliability|12,651,834.58|32,570,237.55|-19,918,402.97|-61.16%|The rents received in advance 21.39million Yuan are sent back to Jing Bai Fuand Xingguang Da in the Period byZhongtain Company|
|paid-in capital (orshare capital)|297,281,600.00|220,281,600.00|77,000,000.00|34.96%|The issuance of 77 million shares|
|Public reserves|564,192,605.51|7,672,605.51|556,520,000.00|7253.34%|Changing amount refers to the premiumfrom issuance of shares|
|Retained profit|-20,331,398.17|-39,026,529.03|18,695,130.86||The net profit attributable to owners’ofparent company increased in the Period|
|Profit statement||||||
|Item|This cumulative|Same period lastyear|Amount changed|Ratio changed|Causes|
|Operation income|231,810,751.81|339,918,355.38|-108,107,603.57|-31.80%|Mainly affectd by the vehicle pruchaserestriction policy at end of last year, salesincome from vehicles are doppeddramatically|
|Operation cost|169,829,908.61|287,109,181.05|-117,279,272.44|-40.85%|Declined with the income decreased|
|Financial expenses|5,317,919.97|13,118,660.75|-7,800,740.78|-59.46%|The interest expenditure decreaesd due tothe bank loans are paid in the Period, andinterest income increased for purchasingcapital-preservation financial products|
|Asset impairmentloss|0.00|4,259,714.29|-4,259,714.29||Mainly due to the decline of bad debt loss|
|Investment income|2,772,806.33|12,067,873.29|-9,295,066.96|-77.02%|Affiliated enterprise Shenzhen Zung FuTellus Automobile Service Co., Ltd. andShenzhen Dongfeng Automobile Co., Ltd.earn less in the Period|
|Non-operationincome|81,965.15|262,403.13|-180,437.98|-68.76%|The gains from non-current assets disposaldecreased|
|Non-operationexpenditure|41,075.27|10,276.05|30,799.22|299.72%|The losses from non-current assetsdisposal increased|
|Income taxexpenses|3,019,169.68|727,689.24|2,291,480.44|314.90%|Current income tax increased due to theprofit in the Year, and written downdeferred income tax for terminate theoriginal retirement plan|
|Net profitattributable to|18,695,130.86|4,157,549.10|14,537,581.76|349.67%|Mainly because terminated relevantretirement welfare plan in the Period,|

|||||||
|-|-|-|-|-|-|
|shareholders oflisted company|||||long-term wages payable and periodcharge 9.72 million Yuan are written back,than total profit inreased 9.72 millionYuan and the the net profit attributable toshareholder of listed company increased8.49 million Yuan; the increase ofproperty leasing causes profit increased;the profit increased due to the bank loansreturn by fund-raising from privatelyplacement, which financial expensesdeclined|
|Cash flow statement||||||
|Item|This cumulative|Same period lastyear|Amount changed|Ratio changed|Causes|
|Net cash flowarising fromoperation activitis|37,905,539.85|24,703,464.95|13,202,074.90|53.44%|The inventory vehicle last year are sell by|
||||||subsidiary Huari Toyota in the Period,|
||||||than the operational net cash in-flow|
||||||increased|
|Net cash flowarising frominvestmentactivitis|-328,409,890.73|-91,527,550.11|-236,882,340.62|||
||||||Mainly because purchasing more|
||||||capital-preservation financial products in|
||||||the Period|
|Net cash flowarising fromfinancing activitis|337,500,271.84|85,771,333.56|251,728,938.28|293.49%|Mainly because fund-raising from private|
||||||placement increased in the Period and net|
||||||expenditure from bank financing increased|
||||||on a y-o-y basis|
|Net incrase of csahand cashequivalent|46,995,916.20|18,947,830.56|28,048,085.64|148.03%|Net cash flow arising from operation andfinancing activities increased|

II. Progress and influence of the main events as well as solution analysis specification
√Applicable□Not applicable
1. Progress of major project construction
The Tellus Shuibei Jewelry Building project which is built by the practicalsubject—theCompany’s subsidiary Zhongtian Company, the Shuibei Jinzuo Building project which is built by the practicalsubject— the cooperative enterprise Shenzhen Tellus Jimeng Investment Co., Ltd. and the Xinglong Golden Jewelry Building project (former Shenzhen Shuibei XinglongR&D Center Building) which is built by the practical subject– joint-stock company Shenzhen Xinglong Mechanical Mould Co., Ltd. are promoting on the
construction plan at present.
2. The e-commerce business
As the―Via the market research and analysis, the company has preliminarily positioned the e-commerce business by cooperating
with the e-commerce enterprises or merging and absorbing the excellent and mature e-commerce enterprises, made use of the advantages of the e-commerce enterprises in e-commerce field and big data analysis, replied on thecompany’s properties at Shuibei jewelry accumulation area and scale advantages of jewelry professional wholesale market that shall be brought by the transformation and operation of properties, and made the virtual platform side and physical platform side to complement each other's advantages so as to create a Test Rite jewelry e-commerce platform mainly in the form of B2B e-commerce and complete thecompany’s preliminary layout at e-commerceplatform.‖ proposed in reprot of the Board of the―Semi-Annual Report of 2015, as of now, relevant E-business has not been carried out by the Company yet, even the investment for employees and equipment ect. Either. The Company conduct inspection on many E-business enterprises in the country since 2015, however, it seems no substantive negotiation, intention and agreement act. so far; the Company will carry out the market research and inspection, promote E-business of the Company through cooperation or merger as plan.
3. Jewllery retail market
The private stock placement of the Company has completed in March 2015, totally 646.8 million Yuan are raised, in line with the issurance plan, part of the funds will investe in jewllery retail business. The Company conduct inspection on many professional jewllery marke in the country since 2015, however, it seems no substantive negotiation, intention and agreement etc. so far; relevant jewllery retail business has not been carried out by the Company yet, even the investment for employees and equipment etc Either. The Company will carry out market research and inspection on jewllery retail, and promote jewllery retail market of the Company by means of self-building, cooperation or merger in the future.
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
|||||||
|-|-|-|-|-|-|
|||||Commitmen|Implementa|
|Commitments|Accepter|Contents|Commitment date|||
|||||t term|tion|
|||I. Commitments during the work of||||
|||Share Merger Reform of the Company:||||
|||1. Commitments on Lock-up period||||
|||(1) In accordance with the Measures for||||
|||the Administration of the Share Merger||||
|||Reform of Listed Companies, SDG||||
|||would abide by the various laws,||||
|||regulations and rules, and perform its||||
|||statutory commitment duty.||||
|Share Merger||(2) Apart from the above-mentioned|||Implementi|
||SDG||2005-12-25|Long term||
|Reform||statutory commitment, SDG also made|||ng|
|||the following special commitment: with||||
|||36 months since the day the reform plan||||
|||starts to take effect, SDG would not list||||
|||at Shenzhen Stock Exchange and sell||||
|||the shares of Tellus it held (except for||||
|||the shares used to promote the||||
|||administration level of Tellus).||||
|||(3) The administration level would||||
|||abide by the laws, regulations and rules,||||

||
|-|
|and perform its statutory commitment|
|duty.|
|(4) SDG made the commitment: ―The|
|Promiser hereby promises that, if the|
|Promiser failed to fulfill its commitment|
|or not fully fulfill its commitment, it|
|would compensate other shareholders|
|for their losses suffered thereafter‖.|
|(5) SDG declared: ―The Promiser would|
|dutifully fulfill its commitments and|
|shoulder corresponding legal|
|responsibilities. The Promiser would|
|transfer the shares held by it only if the|
|assignee agree and have the ability to|
|shoulder the commitment|
|responsibility.‖|
|2. Special commitment concerning the|
|incentive mechanism|
|In order to effectively boost the core|
|management level and business|
|backbones for long, SDG would take|
|out its shares, not exceeding 10% in|
|total number after the Share Merger|
|Reform, and apply them to the boost of|
|the administration level. The shares|
|would be sold to the Company’s|
|administrative level over 3 years, with|
|the selling price being the net asset|
|value per share audited during the|
|period nearest to the implementation.|
|Before the implementation of the|
|promoting plan by share selling each|
|year, the administration level must|
|prepay the Company a risk|
|responsibility fund, i.e. 20% of the|
|planned selling price; Should the work|
|of the performance examination set by|
|the Board failed to be finished, the paid|
|risk responsibility fund would not be|
|refunded and shall be owned by the|
|Company. Detailed rules concerning the|
|limitations on the administration level,|
|such as the subscription conditions and|
|risk responsibility fund, and boost plans|

||||||
|-|-|-|-|-|
||would be set by the Board and||||
||submitted to relevant departments for||||
||approval. The implementation of the||||
||shares for promoting would be||||
||conducted strictly according to relevant||||
||laws and regulations, and the circulation||||
||conditions of these shares would be in||||
||conformity with relevant regulations set||||
||by the Shenzhen Stock Exchange. 3.||||
||Relevant expenses of this Share Merger||||
||Reform of Tellus would be paid by||||
||SDG.||||
||Controlling shareholder of the Company||||
||SDG has a special commitment of||||
||incentive mechanism made on share||||
||merger reform of the Company. Later,||||
||SASAC and Ministry of Finance jointly||||
||issued the ―Tentative Measures on||||
||Implementation of Equity Incentive for||||
||State-owned Listing Companies‖,||||
||CSRC issued the ―Management||||
||Measures on Equity Incentive of Listed||||
||Companies (Trial)‖. By contrasting, the||||
||above mentioned commitment made by||||
||SDG is out of the relevant requirement||||
||from regulations the above said,||||
||relevant commitment still failed to||||
|||||Implementi|
||implement. On 26 June 2014, the||||
|SDG||2014-06-26|2016-6-30||
||Company actively negotiated with SDG|||ng|
||on the issues, and SDG promise||||
||continue to supporting the Company in||||
||order to promote a long-acting incentive||||
||plan as soon as possible instead of the||||
||equity incentive commitment made in||||
||share merger reform, under the premise||||
||of conforming to relevant law,||||
||regulations and supervision||||
||requirement., and complete the||||
||long-acting incentive mechanism||||
||construction before 30 June 2016. At||||
||the appointed time, the long-acting||||
||incentive mechanism plan will||||
||implement after submit for deliberation||||
||and pass in general meeting of the||||

||||
|-|-|-|
|||Company.|
|Commitments in|||
|report of|||
|acquisition or equity|||
|change|||
|Commitments in|||
|assets replacement|||
|Commitment made|||
|during the IPO and|||
|refinancing|||
|Other commitments|||
|for medium and|||
|small shareholders|||
|Completed on time|||
||Yes||
|or not|||
|Detail reasons for|||
|un-complement and|||
||N/A||
|further plan (if|||
|applicable)|||

IV. Estimation of operation performance for year of 2015
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. Explanation on equity of other listed company held
□ Applicable√ Not applicable
No security investment in Period.
VII. Particulars about derivatives investment
□ Applicable√ Not applicable
The Company had no derivatives investment in Period.
VIII. Registration form of receiving research, communication and interview in the report
period
√Applicable□ Not applicable
|||||||
|-|-|-|-|-|-|
||||||Contents discussed and|
|Time|Place|Way|Type|Reception||
||||||material provided|
||||||Operation condition of the|
|||Telephone||Panoram Net|Company, progress of the|
|2015-09-09|Tellus||Other|||
|||communication||–Zhang Bo|key projects and stock; no|
||||||material required|
|||||Special Zone|Stock condition, relevant|
|||Telephone||||
|2015-09-24|Tellus||Other|Daily-Xiong|policy and influence; no|
|||communication||||
|||||Ziheng|material required|

Section IV. Financial Statement
I. Financial statement
1. Consolidated Balance Sheet
Prepared by Shenzhen Tellus Holding Co., Ltd
2015-09-30
In RMB
||||
|-|-|-|
|Items|Closing balance|Opening balance|
|Current assets:|||
|Monetary funds|127,041,585.85|80,045,669.65|
|Settlement provisions|||
|Capital lent|||
|Financial assets measured by fair|||
|value and whose change is recorded in|||
|current gains and losses|||
|Derivative financial liability|||
|Notes receivable|||
|Accounts receivable|3,395,519.89|1,373,257.89|
|Accounts paid in advance|27,306,408.92|6,981,402.87|
|Insurance receivable|||
|Reinsurance receivables|||
|Contract reserve of reinsurance|||
|receivable|||
|Interest receivable|||
|Dividend receivable|||
|Other receivables|4,644,548.96|7,904,999.44|
|Purchase restituted finance asset|||
|Inventories|8,792,343.70|48,209,026.18|
|Divided into assets held ready for|||
|sales|||
|Non-current asset due within one|||
|year|||
|Other current assets|220,019,674.72|8,968,278.77|
|Total current assets|391,200,082.04|153,482,634.80|

||||
|-|-|-|
|Non-current assets:|||
|Granted loans and advances|||
|Finance asset available for sales|10,478,985.77|10,478,985.77|
|Held-to-maturity investment|100,000.00|100,000.00|
|Long-term account receivable|||
|Long-term equity investment|206,202,113.24|211,270,265.80|
|Investment property|83,276,201.44|85,083,745.72|
|Fixed assets|137,734,990.27|142,849,121.72|
|Construction in progress|223,450,491.52|122,551,469.97|
|Engineering material|||
|Disposal of fixed asset|||
|Productive biological asset|||
|Oil and gas asset|||
|Intangible assets|53,114,888.52|53,924,233.96|
|Expense on Research and|||
|Development|||
|Goodwill|||
|Long-term expenses to be|||
||787,630.12|905,871.01|
|apportioned|||
|Deferred income tax asset|24,499,678.86|25,678,449.05|
|Other non-current asset|||
|Total non-current asset|739,644,979.74|652,842,143.00|
|Total assets|1,130,845,061.78|806,324,777.80|
|Current liabilities:|||
|Short-term loans|20,680,480.00|74,719,672.00|
|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|21,980,687.45|22,340,922.90|
|Accounts received in advance|4,846,834.45|9,979,166.89|

||||
|-|-|-|
|Selling financial asset of|||
|repurchase|||
|Commission charge and|||
|commission payable|||
|Wage payable|15,206,594.53|17,164,185.03|
|Taxes payable|9,098,955.72|9,055,093.27|
|Interest payable|||
|Dividend payable|||
|Other accounts payable|105,004,259.84|114,533,081.65|
|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|||
||73,000,000.00|120,700,000.00|
|year|||
|Other current liabilities|||
|Total current liabilities|249,817,811.99|368,492,121.74|
|Non-current liabilities:|||
|Long-term loans||178,597,550.55|
|Bonds payable|||
|Including: preferred stock|||
|Perpetual capital|||
|securities|||
|Long-term account payable|13,657,490.94|13,657,490.94|
|Long-term wages payable||9,953,557.75|
|Special accounts payable|||
|Projected liabilities|||
|Deferred income|||
|Deferred income tax liabilities|539,427.92|723,459.18|
|Other non-current liabilities|12,651,834.58|32,570,237.55|
|Total non-current liabilities|26,848,753.44|235,502,295.97|
|Total liabilities|276,666,565.43|603,994,417.71|
|Owner’s equity:|||
|Share capital|297,281,600.00|220,281,600.00|

||||
|-|-|-|
|Other equity instrument|||
|Including: preferred stock|||
|Perpetual capital|||
|securities|||
|Capital public reserve|564,192,605.51|7,672,605.51|
|Less: Inventory shares|||
|Other comprehensive income|||
|Reasonable reserve|||
|Surplus public reserve|2,952,586.32|2,952,586.32|
|Provision of general risk|||
|Retained profit|-20,331,398.17|-39,026,529.03|
|Total owner’s equity attributable to|844,095,393.66|191,880,262.80|
|parent company|||
|Minority interests|10,083,102.69|10,450,097.29|
|Total owner’s equity|854,178,496.35|202,330,360.09|
|Total liabilities and owner’s equity|1,130,845,061.78|806,324,777.80|

 Legal representative: Lv Hang
Person in charge of accounting works: Yang Jianping
Chief Financial Officer: Ke Wensheng
2. Balance Sheet of parent company
In RMB
||||
|-|-|-|
|Item|Balance at period-end|Balance at period-begin|
|Current assets:|||
|Monetary funds|66,458,895.44|26,441,746.73|
|Financial assets measured by fair|||
|value and whose change is recorded in|||
|current gains and losses|||
|Derivative financial liability|||
|Notes receivable|||
|Accounts receivable|||
|Accounts paid in advance|198,000.00|106,810.00|
|Interest receivable|||
|Dividend receivable|||
|Other receivables|93,655,740.15|110,350,188.00|
|Inventories|||

||||
|-|-|-|
|Divided into assets held ready for|||
|sales|||
|Non-current asset due within one year|||
|Other current assets|165,000,000.00|1,350,000.00|
|Total current assets|325,312,635.59|138,248,744.73|
|Non-current assets:|||
|Finance asset available for sales|10,176,617.20|10,176,617.20|
|Held-to-maturity investment|||
|Long-term account receivable|||
|Long-term equity investment|680,940,437.80|425,961,150.29|
|Investment real estate|53,583,263.66|54,186,250.01|
|Fixed assets|17,290,465.81|17,961,888.31|
|Construction in progress|251,308.70|251,308.70|
|Engineering material|||
|Disposal of fixed asset|||
|Productive biological asset|||
|Oil and gas asset|||
|Intangible assets|322,426.56|274,939.25|
|Expense on Research and Development|||
|Goodwill|||
|Long-term expenses to be apportioned|32,557.01|346,559.91|
|Deferred income tax asset|13,956,931.79|13,986,138.44|
|Other non-current asset|||
|Total non-current asset|776,554,008.53|523,144,852.11|
|Total assets|1,101,866,644.12|661,393,596.84|
|Current liabilities:|||
|Short-term loans|9,544,160.00|19,544,160.00|
|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|4,911,198.43|6,918,478.90|

||||
|-|-|-|
|Taxes payable|470,005.46|430,065.27|
|Interest payable|||
|Dividend payable|||
|Other accounts payable|254,788,186.14|260,117,846.49|
|Divided into liability held for sale|||
|Non-current liabilities due within 1|||
||73,000,000.00|120,700,000.00|
|year|||
|Other current liabilities|||
|Total current liabilities|342,713,550.03|407,710,550.66|
|Non-current liabilities:|||
|Long-term loans||132,300,000.00|
|Bonds payable|||
|Including: preferred stock|||
|Perpetual capital|||
|securities|||
|Long-term account payable|||
|Long-term wages payable||3,343,417.98|
|Special accounts payable|||
|Projected liabilities|||
|Deferred income|||
|Deferred income tax liabilities|||
|Other non-current liabilities|||
|Total non-current liabilities||135,643,417.98|
|Total liabilities|342,713,550.03|543,353,968.64|
|Owners’ equity:|||
|Share capita|297,281,600.00|220,281,600.00|
|Other equity instrument|||
|Including: preferred stock|||
|Perpetual capital|||
|securities|||
|Capital public reserve|560,999,182.23|4,479,182.23|
|Less: Inventory shares|||
|Other comprehensive income|||
|Reasonable reserve|||
|Surplus reserve|2,952,586.32|2,952,586.32|

||||
|-|-|-|
|Retained profit|-102,080,274.46|-109,673,740.35|
|Total owner’s equity|759,153,094.09|118,039,628.20|
|Total liabilities and owner’s equity|1,101,866,644.12|661,393,596.84|

 3. Consolidated Profit Statement (this report period)
In RMB
||||
|-|-|-|
|Item|Current Period|Last Period|
|I. Total operating income|73,318,969.97|111,225,813.52|
|Including: Operating income|73,318,969.97|111,225,813.52|
|Interest income|||
|Insurance gained|||
|Commission charge and commission|||
|income|||
|II. Total operating cost|62,658,959.82|116,967,815.79|
|Including: Operating cost|52,890,404.70|91,811,039.46|
|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|1,516,494.43|1,304,403.00|
|Sales expenses|3,240,724.46|4,759,319.27|
|Administration expenses|4,223,093.43|10,271,520.89|
|Financial expenses|788,242.80|4,597,418.06|
|Losses of devaluation of asset||4,224,115.11|
|Add: Changing income of fair value(Loss|||
|is listed with ―-‖)|||
|Investment income (Loss is listed with|2,148,416.23|4,226,397.31|
|―-‖)|||
|Including: Investment income on|762,114.87|3,000,269.56|
|affiliated company and joint venture|||
|Exchange income (Loss is listed|||
|with ―-‖)|||
|III. Operating profit (Loss is listed with|||
||12,808,426.38|-1,515,604.96|
|―-‖)|||
|Add: Non-operating income|33,203.05|37,151.22|

||||
|-|-|-|
|Including: Disposal gains of|||
||114.31|29,576.00|
|non-current asset|||
|Less: Non-operating expense|3,757.34|7,643.04|
|Including: Disposal loss of|||
|||2,146.32|
|non-current asset|||
|IV. Total Profit (Loss is listed with ―-‖)|12,837,872.09|-1,486,096.78|
|Less: Income tax expense|1,818,452.37|26,656.17|
|V. Net profit (Net loss is listed with ―-‖)|11,019,419.72|-1,512,752.95|
|Net profit attributable to owner’s of|||
||11,044,774.84|-1,363,612.33|
|parent company|||
|Minority shareholders’ gains and|||
||-25,355.12|-149,140.62|
|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|11,019,419.72|-1,512,752.95|
|Total comprehensive income|||
||11,044,774.84|-1,363,612.33|
|attributable to owners of parent Company|||
|Total comprehensive income|||
||-25,355.12|-149,140.62|
|attributable to minority shareholders|||
|VIII. Earnings per share:|||
|(i) Basic earnings per share|0.0407|-0.0062|
|(ii) Diluted earnings per share|0.0407|-0.0062|

 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: Lv Hang
Person in charge of accounting works: Yang Jianping
Chief Financial Officer: Ke Wensheng
4. Profit Statement of parent company (this report period)
In RMB
||||
|-|-|-|
|Item|Current Period|Last Period|
|I. Operating income|7,506,170.12|5,451,132.90|
|Less: operating cost|936,470.47|906,128.86|
|Operating tax and extras|420,345.54|305,263.44|
|Sales expenses|||
|Administration expenses|4,039,059.62|4,876,681.26|
|Financial expenses|962,004.03|2,600,163.08|
|Losses of devaluation of asset||2,765.98|
|Add: Changing income of fairvalue(Loss is listed with ―-‖)|||

||||
|-|-|-|
|Investment income (Loss is listed with|1,598,806.44|3,181,347.99|
|―-‖)|||
|Including: Investment income on|647,957.13|1,955,220.24|
|affiliated company and joint venture|||
|II. Operating profit (Loss is listed|||
||2,747,096.90|-58,521.73|
|with ―-‖)|||
|Add: Non-operating income|2.10||
|Including: Disposal gains of|||
|non-current asset|||
|Less: Non-operating expense|||
|Including: Disposal loss of|||
|non-current asset|||
|III. Total Profit (Loss is listed with|||
||2,747,099.00|-58,521.73|
|―-‖)|||
|Less: Income tax expense|9,735.55|9,735.55|
|IV. Net profit (Net loss is listed with|||
||2,737,363.45|-68,257.28|
|―-‖)|||
|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 arising|||

||||
|-|-|-|
|from 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|2,737,363.45|-68,257.28|
|VII. Earnings per share:|||
|(i) Basic earnings per share|0.0079|-0.0003|
|(ii) Diluted earnings per share|0.0079|-0.0003|

 5. Consolidated profit statement (year-begin to end of this period)
In RMB
||||
|-|-|-|
|Item|Current Period|Last Period|
|I. Total operating income|231,810,751.81|339,918,355.38|
|Including: Operating income|231,810,751.81|339,918,355.38|
|Interest income|||
|Insurance gained|||
|Commission charge and commission|||
|income|||
|II. Total operating cost|213,277,142.08|348,195,943.14|
|Including: Operating cost|169,829,908.61|287,109,181.05|
|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|4,364,159.61|3,768,251.35|
|Sales expenses|12,761,144.16|13,941,341.57|
|Administration expenses|21,004,009.73|25,998,794.13|

||||
|-|-|-|
|Financial expenses|5,317,919.97|13,118,660.75|
|Losses of devaluation of asset||4,259,714.29|
|Add: Changing income of fair value(Loss|||
|is listed with ―-‖)|||
|Investment income (Loss is listed with|2,772,806.33|12,067,873.29|
|―-‖)|||
|Including: Investment income on|||
||1,231,847.44|10,841,745.54|
|affiliated company and joint venture|||
|Exchange income (Loss is listed|||
|with ―-‖)|||
|III. Operating profit (Loss is listed with|||
||21,306,416.06|3,790,285.53|
|―-‖)|||
|Add: Non-operating income|81,965.15|262,403.13|
|Including: Disposal gains of|||
||17,208.33|197,088.80|
|non-current asset|||
|Less: Non-operating expense|41,075.27|10,276.05|
|Including: Disposal loss of|||
||37,300.18|2,146.32|
|non-current asset|||
|IV. Total Profit (Loss is listed with ―-‖)|21,347,305.94|4,042,412.61|
|Less: Income tax expense|3,019,169.68|727,689.24|
|V. Net profit (Net loss is listed with ―-‖)|18,328,136.26|3,314,723.37|
|Net profit attributable to owner’s of|||
||18,695,130.86|4,157,549.10|
|parent company|||
|Minority shareholders’ gains and|||
||-366,994.60|-842,825.73|
|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|18,328,136.26|3,314,723.37|
|Total comprehensive income|||
||18,695,130.86|4,157,549.10|
|attributable to owners of parent Company|||
|Total comprehensive income|||
||-366,994.60|-842,825.73|
|attributable to minority shareholders|||
|VIII. Earnings per share:|||
|(i) Basic earnings per share|0.0688|0.0189|
|(ii) Diluted earnings per share|0.0688|0.0189|

 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
6. Profit Statement of parent company (year-begin to end of this period)
In RMB
||||
|-|-|-|
|Item|Current Period|Last Period|

||||
|-|-|-|
||24,564,430.18|15,136,033.02|
|I. Operating income|||
||2,797,064.96|2,726,322.58|
|Less: operating cost|||
|Operating tax and extras|1,375,608.08|847,617.85|
|Sales expenses|||
||10,657,039.59|11,091,999.21|
|Administration expenses|||
||4,496,841.46|7,524,094.75|
|Financial expenses|||
|||2,765.98|
|Losses of devaluation of asset|||
|Add: Changing income of fair|||
|value(Loss is listed with ―-‖)|||
|Investment income (Loss is listed with|2,384,794.35|9,922,734.37|
|―-‖)|||
|Including: Investment income on|1,279,287.51|8,696,606.62|
|affiliated company and joint venture|||
|II. Operating profit (Loss is listed|7,622,670.44|2,865,967.02|
|with ―-‖)|||
|Add: Non-operating income|2.10|28,512.68|
|Including: Disposal gains of|||
|non-current asset|||
|Less: Non-operating expense|||
|Including: Disposal loss of|||
|non-current asset|||
|III. Total Profit (Loss is listed with|||
||7,622,672.54|2,894,479.70|
|―-‖)|||
|Less: Income tax expense|29,206.65|29,206.65|
|IV. Net profit (Net loss is listed with|||
||7,593,465.89|2,865,273.05|
|―-‖)|||
|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 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|7,593,465.89|2,865,273.05|
|VII. Earnings per share:|||
|(i) Basic earnings per share|0.0280|0.0130|
|(ii) Diluted earnings per share|0.0280|0.0130|

 7. Consolidated Cash Flow Statement (year-begin to end of this period)
In RMB
||||
|-|-|-|
|Item|Current Period|Last Period|
|I. Cash flows arising from operating|||
|activities:|||
|Cash received from selling commodities|247,996,280.49|371,669,991.52|
|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|||
||38,803,328.28|51,300,943.38|
|operating activities|||
|Subtotal of cash inflow arising from|||
||286,799,608.77|422,970,934.90|
|operating activities|||
|Cash paid for purchasing|||
|commodities and receiving labor|124,429,614.48|288,431,038.72|
|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|39,164,297.75|39,305,850.34|
|Taxes paid|14,756,537.59|21,917,897.17|
|Other cash paid concerning|||
||70,543,619.10|48,612,683.72|
|operating activities|||
|Subtotal of cash outflow arising from|||
||248,894,068.92|398,267,469.95|
|operating activities|||
|Net cash flows arising from operating|||
||37,905,539.85|24,703,464.95|
|activities|||
|II. Cash flows arising from investing|||
|activities:|||
|Cash received from recovering|||
||218,400,000.00|1,507,458.60|
|investment|||
|Cash received from investment|||
||7,787,479.44|84,270.40|
|income|||

||||
|-|-|-|
|Net cash received from disposal of|||
|fixed, intangible and other long-term|195,140.57|143,540.00|
|assets|||
|Net cash received from disposal of|||
|subsidiaries and other units|||
|Other cash received concerning|||
|investing activities|||
|Subtotal of cash inflow from investing|||
||226,382,620.01|1,735,269.00|
|activities|||
|Cash paid for purchasing fixed,|||
||116,392,510.74|93,261,819.11|
|intangible and other long-term assets|||
|Cash paid for investment|438,400,000.00||
|Net increase of mortgaged loans|||
|Net cash received from|||
|subsidiaries and other units obtained|||
|Other cash paid concerning|||
|||1,000.00|
|investing activities|||
|Subtotal of cash outflow from investing|||
||554,792,510.74|93,262,819.11|
|activities|||
|Net cash flows arising from investing|||
||-328,409,890.73|-91,527,550.11|
|activities|||
|III. Cash flows arising from financing|||
|activities|||
|Cash received from absorbing|||
||635,500,000.00||
|investment|||
|Including: Cash received from|||
|absorbing minority shareholders’|||
|investment by subsidiaries|||
|Cash received from loans|24,698,215.03|449,797,550.55|
|Cash received from issuing bonds|||
|Other cash received concerning|||
|financing activities|||
|Subtotal of cash inflow from financing|||
||660,198,215.03|449,797,550.55|
|activities|||
|Cash paid for settling debts|317,595,765.58|356,000,000.00|
|Cash paid for dividend and profit|||
||4,665,177.61|8,026,216.99|
|distributing or interest paying|||
|Including: Dividend and profit of|||

||||
|-|-|-|
|minority shareholder paid by|||
|subsidiaries|||
|Other cash paid concerning|||
||437,000.00||
|financing activities|||
|Subtotal of cash outflow from financing|||
||322,697,943.19|364,026,216.99|
|activities|||
|Net cash flows arising from financing|||
||337,500,271.84|85,771,333.56|
|activities|||
|IV. Influence on cash and cash|||
|equivalents due to fluctuation in|-4.76|582.16|
|exchange rate|||
|V. Net increase of cash and cash|||
||46,995,916.20|18,947,830.56|
|equivalents|||
|Add: Balance of cash and cash|||
||80,045,669.65|63,166,448.10|
|equivalents at the period -begin|||
|VI. Balance of cash and cash|||
||127,041,585.85|82,114,278.66|
|equivalents at the period -end|||

8. Cash Flow Statement of parent company (year-begin to end of this period)
In RMB
||||
|-|-|-|
|Item|Current Period|Last Period|
|I. Cash flows arising from operating|||
|activities:|||
|Cash received from selling|||
|commodities and providing labor|25,064,357.57|15,144,942.54|
|services|||
|Write-back of tax received|||
|Other cash received concerning|||
||60,212,217.85|175,188,947.26|
|operating activities|||
|Subtotal of cash inflow arising from|||
||85,276,575.42|190,333,889.80|
|operating activities|||
|Cash paid for purchasing|||
|commodities and receiving labor|||
|service|||
|Cash paid to/for staff and workers|11,901,652.33|10,304,011.17|
|Taxes paid|2,725,836.90|2,840,852.22|
|Other cash paid concerning|||
||41,317,280.76|291,743,250.05|
|operating activities|||
|Subtotal of cash outflow arising from|55,944,769.99|304,888,113.44|

||||
|-|-|-|
|operating activities|||
|Net cash flows arising from operating|||
||29,331,805.43|-114,554,223.64|
|activities|||
|II. Cash flows arising from investing|||
|activities:|||
|Cash received from recovering|||
||150,000,000.00|1,507,458.60|
|investment|||
|Cash received from investment|||
||7,405,506.84|84,270.40|
|income|||
|Net cash received from disposal of|||
|fixed, intangible and other long-term||39,890.00|
|assets|||
|Net cash received from disposal of|||
|subsidiaries and other units|||
|Other cash received concerning|||
|investing activities|||
|Subtotal of cash inflow from investing|||
||157,405,506.84|1,631,619.00|
|activities|||
|Cash paid for purchasing fixed,|||
||552,442.65|1,852,320.00|
|intangible and other long-term assets|||
|Cash paid for investment|575,000,000.00||
|Net cash received from|||
|subsidiaries and other units|||
|Other cash paid concerning|||
|investing activities|||
|Subtotal of cash outflow from investing|||
||575,552,442.65|1,852,320.00|
|activities|||
|Net cash flows arising from investing|||
||-418,146,935.81|-220,701.00|
|activities|||
|III. Cash flows arising from financing|||
|activities|||
|Cash received from absorbing|||
||635,500,000.00||
|investment|||
|Cash received from loans||342,500,000.00|
|Cash received from issuing bonds|||
|Other cash received concerning|||
|financing activities|||
|Subtotal of cash inflow from financing|635,500,000.00|342,500,000.00|

||||
|-|-|-|
|activities|||
|Cash paid for settling debts|202,600,000.00|237,500,000.00|
|Cash paid for dividend and profit|||
||3,630,720.91|7,275,940.91|
|distributing or interest paying|||
|Other cash paid concerning|||
||437,000.00||
|financing activities|||
|Subtotal of cash outflow from financing|||
||206,667,720.91|244,775,940.91|
|activities|||
|Net cash flows arising from financing|||
||428,832,279.09|97,724,059.09|
|activities|||
|IV. Influence on cash and cash|||
|equivalents due to fluctuation in|||
|exchange rate|||
|V. Net increase of cash and cash|||
||40,017,148.71|-17,050,865.55|
|equivalents|||
|Add: Balance of cash and cash|||
||26,441,746.73|30,209,143.04|
|equivalents at the period -begin|||
|VI. Balance of cash and cash|||
||66,458,895.44|13,158,277.49|
|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