2018 Third Quarter Report of China Fangda Group Co., Ltd. China Fangda Group Co., Ltd.
2018 Third Quarter Report
October 2018
2018 Third Quarter Report of China Fangda Group Co., Ltd. I Important Statement
The members of the Board and the Company guarantee that the quarterly report is free from any false information, misleading statement or material omission and are jointly and severally liable for theinformation’s truthfulness, accuracy and integrity.
All the Directors have attended the meeting of the board meeting at which this report was examined.
Mr. Xiong Jianming, the Chairman of Board, Mr. Lin Kebin, the Chief Financial Officer, and Mr. Wu Bohua, the manager of accounting department declare: the Financial Report carried in this report is authentic and completed.
2018 Third Quarter Report of China Fangda Group Co., Ltd. II. General Information
1. Financial Highlight
Whether the Company needs to make retroactive adjustment or restatement of financial data of previous years
□ Yes√ No
||||||||
|-|-|-|-|-|-|-|
||End of the report period||End of last year||Year-on-year change||
|Total asset (RMB)|7,654,060,898.26||7,625,422,688.63||0.38%||
|Net profit attributable to the|3,281,935,462.95||3,238,939,202.18||||
|shareholders of the listed company|||||1.33%||
|(RMB)|||||||
|||||Between beginning of|||
|||Year-on-year change||||Change from the same|
||This report period|||the year to the end of|||
|||(%)||||period last year|
|||||the report period|||
|Turnover (yuan)|793,250,321.93|21.47%||2,235,301,218.46||8.89%|
|Net profit attributable to|91,338,344.89|||321,470,008.08|||
|shareholders of the listed company||-31.44%||||-11.00%|
|(yuan)|||||||
|Net profit attributable to the|||||||
|shareholders of the listed company|||||||
||85,861,046.88|-32.65%||295,566,165.22||-14.57%|
|and after deducting of|||||||
|non-recurring gain/loss (RMB)|||||||
|Net cash flow generated by||||112,612,558.74|||
||--|--||||-71.44%|
|business operation (RMB)|||||||
|Basic earnings per share|0.08|||0.28|||
|||-27.27%||||-9.68%|
|(yuan/share)|||||||
|Diluted Earnings per share|0.08|||0.28|||
|||-27.27%||||-9.68%|
|(yuan/share)|||||||
|Weighted average net income/asset|||||||
||2.77%|-50.54%||9.77%||-34.47%|
|ratio|||||||

Accidental gain/loss item and amount
√ Applicable□ Inapplicable
In RMB
||||
|-|-|-|
||Amount from beginning of||
|Item|the year to the end of the|Notes|
||report period||
|Non-current asset disposal gain/loss (including the write-off part|-3,552,086.89||

2018 Third Quarter Report of China Fangda Group Co., Ltd.
||||
|-|-|-|
|for which assets impairment provision is made)|||
|Subsidies accounted into the current income account (except the|||
|government subsidy closely related to the enterprise’s business|3,985,078.03||
|and based on unified national standard quota)|||
|Capital using expense charged to non-financial enterprises and|||
||204,402.52||
|accounted into the current income account|||
|Gain from entrusted investment or assets management|58,741,769.45||
|Gain/loss from change of fair value of transactional financial|||
|asset and liabilities, and investment gains from disposal of|||
|transactional financial assets and liabilities and sellable financial|-34,002,548.25||
|assets, other than valid period value instruments related to the|||
|Company’s common businesses|||
|Influence of one-off adjustment of the current gain/loss according|||
|to requirement of tax and accounting laws and regulation on the|-323,794.00||
|current gain/loss.|||
|Other non-business income and expenditures other than the above|6,888,844.70||
|Less: Influenced amount of income tax|6,037,822.70||
|Total|25,903,842.86|--|

Explanation statement should be made for accidental gain/loss items defined and accidental
gain/loss items defined as regular gain/loss items according to the Explanation Announcement of Information Disclosure No. 1 - Non-recurring gain/loss mentioned.
□ Applicable√ Inapplicable
No circumstance that should be defined as recurrent profit and loss according to Explanation Announcement of Information Disclosure No. 1 - Non-recurring gain/loss occurs in the report period.
2. Total number of shareholders and shareholding of top 10 shareholders by the end of the report period
1. Ordinary shareholders, preference shareholders with resumed voting rights and top 10 shareholders In share
||||||||||
|-|-|-|-|-|-|-|-|-|
|||||Number of shareholders of|||||
|Number of shareholders of common||||preferred stocks of which|||||
|||62,786|||||0||
|shares at the end of the report period||||voting rights recovered in the|||||
|||||report period (if any)|||||
|Top 10 Shareholders|||||||||
||Nature of|Shareholding|||Conditional|Pledging or freezing|||
|Shareholder|||Number of shares||||||
||shareholder|percentage|||shares|Share status||Amount|
|ShenzhenBanglin|Domesticnon-state legal|9.80%|113,202,154||0||||
|||||||Pledged||31,540,000|

2018 Third Quarter Report of China Fangda Group Co., Ltd.
||||||
|-|-|-|-|-|
|TechnologiesDevelopmentCo., Ltd.|person||||
|ShengjiuInvestment Ltd.|Foreign legalperson|8.07%|93,202,238|0|
|GUOTAIJUNANSECURITIES(HONGKONG)LIMITED|Foreign legalperson|2.62%|30,331,243|0|
|Gong QingCheng Shi Li HeInvestmentManagementPartnershipEnterprise(limited partner)|Domesticnon-state legalperson|2.32%|26,791,488|0|
|Fang Wei|Domestic naturalperson|1.77%|20,446,537|0|
|ShenwanHongyuanSecurities (HongKong) Co., Ltd.|Foreign legalperson|1.61%|18,641,097|0|
|China ResourceSZITIC Trust –China ResourceTrust No.13Collective TrustProgram|Others|0.90%|10,361,804|0|
|VANGUARDEMERGINGMARKETSSTOCK INDEXFUND|Foreign legalperson|0.69%|7,946,483|0|
|YunnanInternationalTrust CO., Ltd. –Yunxia No.3Collective FundTrust Program|Others|0.63%|7,270,314|0|
|SUN HUNG KAIINVESTMENT|Foreign legal|0.63%|7,269,002|0|

2018 Third Quarter Report of China Fangda Group Co., Ltd.
||||||
|-|-|-|-|-|
|SERVICES LTD|person||||
|Top 10 holders of unconditional shares|||||
||||Category of shares||
|Shareholder||Amount of shares without sales restriction|Category of||
|||||Amount|
||||shares||
|Shenzhen Banglin TechnologiesDevelopment Co., Ltd.||113,202,154|RMB common||
|||||113,202,154|
||||shares||
|Shengjiu Investment Ltd.||93,202,238|Foreign shares||
||||listed in domestic|93,202,238|
||||exchanges||
|GUOTAI JUNANSECURITIES(HONGKONG)LIMITED||30,331,243|Foreign shares||
||||listed in domestic|30,331,243|
||||exchanges||
|Gong Qing Cheng Shi Li HeInvestment Management PartnershipEnterprise (limited partner)||26,791,488|||
||||RMB common||
|||||26,791,488|
||||shares||
|Fang Wei||20,446,537|RMB common||
|||||20,446,537|
||||shares||
|Shenwan Hongyuan Securities(Hong Kong) Co., Ltd.||18,641,097|Foreign shares||
||||listed in domestic|18,641,097|
||||exchanges||
|China Resource SZITIC Trust –China Resource Trust No.13Collective Trust Program||10,361,804|||
||||RMB common||
|||||10,361,804|
||||shares||
|VANGUARD EMERGINGMARKETS STOCK INDEX FUND||7,946,483|Foreign shares||
||||listed in domestic|7,946,483|
||||exchanges||
|Yunnan International Trust CO., Ltd.– Yunxia No.3 Collective Fund TrustProgram||7,270,314|||
||||RMB common||
|||||7,270,314|
||||shares||
|SUN HUNG KAI INVESTMENTSERVICES LTD||7,269,002|Foreign shares||
||||listed in domestic|7,269,002|
||||exchanges||
|||Among the shareholders, Shenzhen Banglin Technology Development Co., Ltd. and Shengjiu|||
|||Investment Co., Ltd. are parties action-in-concert. Shenzhen Banglin Technology|||
|Notes to top ten shareholder|||||
|||Development Co., Ltd. and Gong Qing Cheng Shi Li He Investment Management Partnership|||
|relationship or "action in concert"|||||
|||Enterprise are related parties. The Company is not notified of other action-in-concert or|||
|||related parties among the other holders of current shares.|||
|Top-10 common share shareholders|||||
|||None|||
|participating in margin trade (if any)|||||

2018 Third Quarter Report of China Fangda Group Co., Ltd. Agreed re-purchasing by theCompany’s top 10 shareholders of common shares and top 10 shareholders of unconditional common shares in the report period
□ Yes√ No
No agreed re-purchasing by theCompany’s top 10 shareholders of common shares and top 10 shareholders of unconditional common shares in the report period
2. Total number of preferred shareholders and shareholding of top 10 preferred shareholders by the end of the report period
□ Applicable√ Inapplicable
2018 Third Quarter Report of China Fangda Group Co., Ltd. III Significant Events
1. Major changes in accounting items and financial data in the report period and reasons√ Applicable□ Inapplicable
||||||
|-|-|-|-|-|
|Item|Closing balance(RMB)|Opening balance(RMB)|YOYchange (% )|Cause of change|
|Other currentassets|190,251,766.31|439,890,493.06|-56.75%|Decrease in bank financial products|
|Long-term shareequity investment|69,871,054.85|34,142,055.62|104.65%|Increase in investment in jointventures|
|Other non-currentassets|6,374,713.00|31,130,198.46|-79.52%|Transfer of real estate property thathave gone through the transferprocedure into fixed assets|
|Short-term loans|224,000,000.00|616,000,000.00|-63.64%|Decrease in bank borrowings|
|Accountreceivable|243,886,289.04|175,351,686.45|39.08%|Attributable to prepaid engineeringpayment of new projects|
|Long-term loans|1,213,400,854.96|893,978,153.39|35.73%|Increase in two-year bankborrowings|
|Capital reserves|1,454,191.59|72,829,484.96|-98.00%|Attributable to repurchase of shares|
|Item|Betweenbeginning of theyear to the end ofthe report period(RMB)|Same period last year(RMB)|YOYchange (% )|Cause of change|
|Financialexpenses|51,121,831.76|41,975,850.30|21.79%|Increase in loans in H1|
|Asset impairmentloss|13,572,017.23|-48,121,560.56|-128.20%|Change in the accounting estimateof bad debt provision in last year|
|Gain caused bychanges in fairvalue|-34,326,342.25|2,973,747.00|-1254.31%|Adjustment of fair value oftransaction financial assets|
|Investmentincome|57,877,044.56|10,861,727.87|432.85%|Mainly attributable to financialproducts purchased|
|Net profit|321,470,008.08|360,491,680.00|-10.82%|Mainly attributable to provision ofbad debt|
|Other cash paidfor businessactivities|480,094,332.49|268,199,654.52|79.01%|Mainly due to the increase invarious operating margins|
|Cash received asinvestment profit|64,596,027.07|13,773,697.27|368.98%|Mainly attributable to investmentgains received from financial|

2018 Third Quarter Report of China Fangda Group Co., Ltd. products
||||||
|-|-|-|-|-|
|Net cash retrievedfrom disposal offixed assets,intangible assets,and otherlong-term assets|16,523,904.33|3,540,531.00|366.71%|Proposal of real estate property|
|Cash paid forconstruction offixed assets,intangible assetsand otherlong-term assets|49,609,863.23|33,608,087.17|47.61%|Increase in land use rights|
|Cash paid to repaydebts|780,577,298.43|391,000,000.00|99.64%|Increase in mature band borrowings|

2. Progress of key issues and its impacts and solutions
√ Applicable□ Inapplicable
(1) Report on Repurchase of B-Shares
1. First repurchase in 2018: The Company reviewed and approved the Resolution on the Repurchase of Domestically Listed Foreign Shares (B Shares) of the Company at the 8th meeting of the 8th Board of Directors and the 2017 Annual General Meeting of Shareholders on April 24 2018 and May 15 2018 respectively.From August 13, 2018 to August 16, 2018, the Company spent HKD114,478,923.89 to repurchase 28,160,568 shares of B shares through centralized bidding, and completed the above at China Securities Depository and Clearing Co., Ltd. Shenzhen Branch on August 29, 2018. share repurchase and cancellation procedures. After the cancellation, the Company's total share capital decreased to 1,183,642,254 shares from 1,155,481,686 shares.
2. Second repurchase in 2018: The Company reviewed and approved the Resolution on the Repurchase of Domestically Listed Foreign Shares (B Shares) of the Company at the 10th meeting of the 8th Board of Directors and the first Extraordinary Shareholder Meeting on September 10, 2018 and September 27, 2018 respectively. The Company will use no more than RMB100 million (the actual amount in Hong Kong Dollar will be determined based on the exchange rate of the exchanging date, including exchanging and transaction costs) to repurchase the B shares at the price of no more than HKD4.5/share. Due to the Company's repurchase of B shares, it is necessary to open a special foreign exchange account and make foreign exchange funds to obtain the consent of the relevant departments of the State Administration of Foreign Exchange.
(2) Property Project Development Progress
1. Fangda Town: In the first three quarters of 2018, the Fangda Town project achieved a sales area of 11,462.10 square meters, with a cumulative sales area of 82,023.18 square meters; the commercial investment signing rate reached86.5%, and plans to start trial operation at the end of October 2018; the second phase of the1# building has been completed and accepted. It is expected that the planning acceptance will be completed by the end of November.In addition to the Company's own use, the1# floor has an area of about 70,000 square meters to earn rentals and capital appreciation. Currently, part of the area has been leased and it is expected that there will be rental income starting next year.
2. Nanchang Fenghuangzhou Fangda Center project: The project started construction in May this year. The project covers
an area of about 17,000 square meters with a total construction area of about 93,000 square meters. The total construction area is
66,000 square meters. The commercial complex of hotels, apartments and office buildings is planned to be completed and pre-sold at
2018 Third Quarter Report of China Fangda Group Co., Ltd. the end of 2019.The project has been constructed as planned currently.
3. Fangda Bangshen Industrial Park project: The project is located in Fuyong, Bao'an District, Shenzhen. It covers an area of 20,714.9 square meters. The current status is industrial plant. According to the current policy of urban renewal in Bao'an District of Shenzhen, it is planned to serve the(M0+M1) function, which is subject to government approval.The project renewal report for the project is in progress.
4. Shenzhen Henggang Dakanghe renewal project: At the end of September 2018, Shenzhen Zhongrong Litai Investment Co., Ltd., a holding subsidiary of Fangda Real Estate Co., Ltd., a wholly-owned subsidiary of the Company, and Shenzhen Henggang Dakang Co., Ltd. and Shangzhong branch of the Shenzhen Henggang Dakang Co., Ltd. signed a letter of intent for the cooperation of the Dakanghe urban renewal project.The project is located in Dakang Village, Yuanshan Sub-district, Longgang District, Shenzhen, north to Yanhe Road, south to Shanzixia Road, west to Xiaokang Road, and east to Yuying Street. The area to be demolished is about 80,000 square meters. The project is mainly for residential functions and is subject to government approval.
In addition, the Company is also in the process of launching several other key renovation projects in Shenzhen. It is expected that the Company's real estate sales and property leasing will continue to contribute profits to the Company.
||||
|-|-|-|
|Key issue|Date of disclosure|Information source|
|Announcement on the resolutions of the 8thmeeting of the 8th Board of Directors andthe plan for repurchasing domesticallylisted foreign shares (B shares)|||
|||China Securities Journal, Shanghai|
||26.04.18|Securities Daily, Securities Times, HKCD|
|||(English) and www.cninfo.com.cn|
|Announcement on Resolutions of theGeneral Shareholders’ Meeting 2017||China Securities Journal, Shanghai|
||16.05.18|Securities Daily, Securities Times, HKCD|
|||(English) and www.cninfo.com.cn|
|Notice on Canceling Repurchased Shares||China Securities Journal, Shanghai|
||31.08.18|Securities Daily, Securities Times, HKCD|
|||(English) and www.cninfo.com.cn|
|Announcement on the resolutions of the10th meeting of the 8th Board of Directorsand the plan for repurchasing domesticallylisted foreign shares (B shares)|||
|||China Securities Journal, Shanghai|
||11.09.18|Securities Daily, Securities Times, HKCD|
|||(English) and www.cninfo.com.cn|
|Resolution of the 1st ExtraordinaryShareholders’ Meeting 2018||China Securities Journal, Shanghai|
||28.09.18|Securities Daily, Securities Times, HKCD|
|||(English) and www.cninfo.com.cn|
|Voluntary Disclosure of Information on theLetter of Intent for the Signing of the CityRenewal Project by The Company'sSubsidiary|||
|||China Securities Journal, Shanghai|
||12.10.18|Securities Daily, Securities Times, HKCD|
|||(English) and www.cninfo.com.cn|

3. Commitments that have not been fulfilled by actual controller, shareholders, related parties, acquirers of the Company
□ Applicable√ Inapplicable
There is no commitment that has not been fulfilled by actual controller, shareholders, related parties, acquirers of the Company
2018 Third Quarter Report of China Fangda Group Co., Ltd. 4. Forecast of operating performance in 2018
Warning and reasons of possible net loss or substantial change from the last period between the beginning of the year and the end of the next report period
□ Applicable√ Inapplicable
5. Securities investment
√ Applicable□ Inapplicable
|||||||||||||||
|-|-|-|-|-|-|-|-|-|-|-|-|-|-|
||||||||Accumu|||||||
||||||||lative|||||||
|||||||Gain/los|changes|||||||
|||||||s caused|in fair|Amount|Amount|||||
||||Initial|Account|Opening||||||Closing|||
|Securiti||Abbrev||||by|value|purchas|sold in|Gain/los||Account|Capital|
||Code||investme|ing|book||||||book|||
|es||iation||||changes|accounti|ed in the|the|s||ing item|source|
||||nt cost|method|value||||||value|||
|||||||in fair|ng into|period|period|||||
|||||||value|the|||||||
||||||||income|||||||
||||||||account|||||||
|||Jinxind||||||||||||
|||uo||||||||||||
|||Strateg||||||||||||
|||y||Measure||||||||Transact||
|||Selecte|200,000,|ment at|199,998|-34,002,||199,998||35,707,|165,995|ional|Self-ow|
|Fund|004223||||||0.00||0.00|||||
|||d|000.00|fair|,000.00|548.25||,000.00||239.85|,451.75|financia|ned fund|
|||Flexibl||value||||||||l assets||
|||e||||||||||||
|||Portfoli||||||||||||
|||o||||||||||||
||||200,000,||199,998|-34,002,||199,998||35,707,|165,995|||
|Total||||--|||0.00||0.00|||--|--|
||||000.00||,000.00|548.25||,000.00||239.85|,451.75|||
|Disclosure date of||||||||||||||
|approval by the Board of||||||||||||||
||||07.09.18|||||||||||
|Directors of securities||||||||||||||
|investment||||||||||||||
|Disclosure date of||||||||||||||
|securities investment||||||||||||||
|approval by the|||None|||||||||||
|Shareholders’ Meeting (if||||||||||||||
|any)||||||||||||||

2018 Third Quarter Report of China Fangda Group Co., Ltd. 6. Entrusted wealth management
√ Applicable□ Inapplicable
In RMB10,000
||||||
|-|-|-|-|-|
|||||Due balance to be|
|Type|Source of fund|Amount|Undue balance||
|||||recovered|
|Bank financial products|Self-owned fund|581,810|11,352|0|
|Total||581,810|11,352|0|

 Specific circumstances of high-risk entrusted financing with large individual amount or low security, poor liquidity, and no cost protection
□ Applicable√ Inapplicable
Entrusted financial management expected to fail to recover the principal or likely result in impairment
□ Applicable√ Inapplicable
7. Derivative investment
√ Applicable□ Inapplicable
In RMB10,000
|||||||||||||||
|-|-|-|-|-|-|-|-|-|-|-|-|-|-|
|||||||||||||Proporti||
|||||||||||||on of||
|||||||||||||closing||
|||||||||||||investm||
|Derivati||||||||||Impairm||ent|Actual|
||||||||Initial||Amount||Closing|||
|ve||Related||||||Amount||ent||amount|gain/los|
||Relation|||Initial|Start|End|investm||sold in||investm|||
|investm||transacti|Type|||||in this||provisio||in the|s in the|
||ship|||amount|date|date|ent||this||ent|||
|ent||on||||||period||n (if||closing|report|
||||||||amount||period||amount|||
|operator||||||||||any)||net|period|
|||||||||||||assets in||
|||||||||||||the||
|||||||||||||report||
|||||||||||||period||
|Shangha||||||||||||||
||||Shangha|||||||||||
|i||||||||||||||
||||i||26.10.1|31.07.1||13,741.|12,842.||1,050.5|||
|Futures|None|No||151.25|||151.25|||||0.32%|-99.51|
||||aluminu||7|9||62|32||5|||
|Exchan||||||||||||||
||||m|||||||||||
|ge||||||||||||||
|||||||||13,741.|12,842.||1,050.5|||
|Total||||151.25|--|--|151.25|||||0.32%|-99.51|
|||||||||62|32||5|||
|Capital source||||Self-owned fund||||||||||
|Lawsuit (if any)||||None||||||||||
|Disclosure date of derivative||||31.10.17||||||||||

2018 Third Quarter Report of China Fangda Group Co., Ltd.
|||
|-|-|
|investment approval by the Board of||
|Directors (if any)||
|Disclosure date of derivative||
|investment approval by the|None|
|Shareholders’ Meeting (if any)||
|Risk analysis and control measures||
||To prevent the risk of fluctuation of raw material prices, the Company adopted the aluminum|
|for the derivative holding in the||
||futures exchanged at the domestic futures exchange to provide hedging for aluminum as a|
|report period (including without||
||raw material for the Company. The Company has set up and implemented the Provincial|
|limitation market, liquidity, credit,||
||Regulations on China Fangda Group Domestic Futures Hedging to prevent risks.|
|operation and legal risks)||
|Changes in the market price or fair||
|value of the derivative in the report||
|period, the analysis of the||
||Fair value of derivatives are measured at open prices in the futures market|
|derivative’s fair value should||
|disclose the method used and related||
|assumptions and parameters.||
|Material changes in the accounting||
|policies and rules related to the||
||None|
|derivative in the report period||
|compared to last period||
|Opinions of independent directors on||
|the Company’s derivative investment|None|
|and risk controlling||

8. Reception of investigations, communications, or interviews in the reporting period
√ Applicable□ Inapplicable
|||||
|-|-|-|-|
|Time/date|Way|Visitor|Disclosure of information|
||||Inquiry about approval progress of the B|
|18.07.18|Telephone communication|Individual||
||||share repurchase|
||||Inquiry about the Company's operation|
|24.07.18|Telephone communication|Individual||
||||condition|
||||Inquiry about the progress of the Fangda|
|06.08.18|Telephone communication|Individual||
||||Town project|
|17.08.18|Telephone communication|Individual|Inquiry about the B share repurchase|
||||Inquiry about the Company's future|
|24.08.18|Telephone communication|Individual||
||||development strategy|
||||Inquiry about the Company's operation|
|04.09.18|Telephone communication|Individual||
||||condition|
|12.09.18|Telephone communication|Individual|Inquiry about project bidding|

2018 Third Quarter Report of China Fangda Group Co., Ltd.
|||||
|-|-|-|-|
||||Inquiry about the second repurchase of B|
|18.09.18|Telephone communication|Individual||
||||shares|
||||Inquiry about the Company's operation|
|26.09.18|Telephone communication|Individual||
||||condition in Q3|

9. Incompliant external guarantee
□ Applicable√ Inapplicable
The Company made no incompliant external guarantee in the report period.
10. Non-operating capital use by the controlling shareholder or related parties in the reporting term
□ Applicable√ Inapplicable
The controlling shareholder and its affiliates occupied no capital for non-operating purpose of the Company during the report period. 11. Performance of poverty relieving responsibilities
(1) As of the disclosure date of this report, the Company has donated RMB680,000 for the precision poverty alleviation project in 2018, as follows:
1. In order to help the Lianhua County of Pingxiang City, Jiangxi Province to achieve poverty alleviation, the Company donated 500,000 yuan to Pingxiang City Charity Association of Jiangxi Province for the development of lily industry in Shanbei Village, Liushi Township, Lianhua County, and Tianyu Village, Fanglou Town, Lianhua County.
2. The Company donated a photovoltaic poverty alleviation power station to the Dongshui Villagers Committee of Xishan Town Lianping County Guangdong Province with a value of about RMB150,000.
3. Donated RMB30,000 to two students at Jiangxi Ganzhou Zhanggong district Shahe Longcun village.
(2) In addition to the above donation, the Company's follow-up plan for accurate poverty alleviation is RMB2.7 million as follows:
1. In order to improve the education level in poverty-stricken areas, the Company will expand and repair the existing school buildings (originally donated by the company) of Fangda Hope Primary School in Lianbu Town, Nanchang New District. The total donation is about RMB1.2 million.
2. Donate RMB1 million to Shenzhen Nanshan District Charity Association.
3. In the fourth quarter of 2019, the Company will donate RMB500,000 to Pingxiang City Charity Association of Jiangxi Province for the development of lily industry in Shanbei Village, Liushi Township, Lianhua County, and Tianyu Village, Fanglou Town, Lianhua County.
The Company will continue to fulfill its social responsibility for precision poverty alleviation, and make donations from time to time based on business development.
2018 Third Quarter Report of China Fangda Group Co., Ltd. IV Financial Statements
1. Financial statements
1. Consolidated Balance Sheet
Prepared by: China Fangda Group Co., Ltd.
30.09.18
In RMB
||||
|-|-|-|
|Item|Closing balance|Opening balance|
|Current asset:|||
|Monetary capital|1,008,372,077.31|1,180,398,479.51|
|Settlement provision|||
|Outgoing call loan|||
|Financial assets measured at fair value|||
|with variations accounted into current|165,995,451.75||
|income account|||
|Derivative financial assets|||
|Receivable notes and accounts|||
||2,142,020,148.72|1,960,008,863.36|
|receivable|||
|Including: receivable notes|59,191,445.40|39,636,437.20|
|Account receivable|2,082,828,703.32|1,920,372,426.16|
|Prepayment|55,338,220.09|54,680,269.84|
|Insurance receivable|||
|Reinsurance receivable|||
|Provisions of Reinsurance contracts|||
|receivable|||
|Other receivables|89,535,473.67|60,904,672.69|
|Repurchasing of financial assets|||
|Inventory|722,087,035.00|819,610,960.67|
|Assets held for sales|||
|Non-current assets due in 1 year|||
|Other current assets|190,251,766.31|439,890,493.06|
|Total current assets|4,373,600,172.85|4,515,493,739.13|
|Non-current assets:|||

2018 Third Quarter Report of China Fangda Group Co., Ltd.
||||
|-|-|-|
|Loan and advancement provided|||
|Sellable financial assets|28,562,575.67|28,562,575.67|
|Investment held until mature|||
|Long-term receivable|||
|Long-term share equity investment|69,871,054.85|34,142,055.62|
|Investment real estate|2,366,568,070.17|2,253,794,404.55|
|Fixed assets|460,150,040.28|468,118,279.18|
|Construction in process|3,995,443.70|2,668,198.62|
|Productive biological assets|||
|Gas & petrol|||
|Intangible assets|80,953,867.78|58,869,444.53|
|R&D expense|||
|Goodwill|||
|Long-term amortizable expenses|10,551,623.36|2,046,202.29|
|Deferred income tax assets|253,433,336.60|230,597,590.58|
|Other non-current assets|6,374,713.00|31,130,198.46|
|Total of non-current assets|3,280,460,725.41|3,109,928,949.50|
|Total of assets|7,654,060,898.26|7,625,422,688.63|
|Current liabilities|||
|Short-term loans|224,000,000.00|616,000,000.00|
|Loans from Central Bank|||
|Deposit received and held for others|||
|Call loan received|||
|Financial liabilities measured at fair|||
|value with variations accounted into|||
|current income account|||
|Derivative financial liabilities|873,025.00|159,000.00|
|Payable notes and accounts|1,395,368,228.45|1,479,313,284.40|
|Prepayment received|243,886,289.04|175,351,686.45|
|Selling of repurchased financial assets|||
|Fees and commissions payable|||
|Employees’ wage payable|22,039,905.86|40,399,130.75|
|Taxes payable|115,007,477.94|136,955,516.44|
|Other payables|619,017,843.11|503,614,822.66|
|Reinsurance fee payable|||

2018 Third Quarter Report of China Fangda Group Co., Ltd.
||||
|-|-|-|
|Insurance contract provision|||
|Entrusted trading of securities|||
|Entrusted selling of securities|||
|Liabilities held for sales|||
|Non-current liabilities due in 1 year|200,000,000.00|200,000,000.00|
|Other current liabilities|9,070,899.28|9,531,014.81|
|Total current liabilities|2,829,263,668.68|3,161,324,455.51|
|Non-current liabilities:|||
|Long-term loans|1,213,400,854.96|893,978,153.39|
|Bond payable|||
|Including: preferred stock|||
|Perpetual bond|||
|Long-term payable|||
|Long-term employees’ wage payable|||
|Anticipated liabilities|6,153,757.80|6,368,353.05|
|Deferred earning|10,493,331.29|10,489,483.94|
|Deferred income tax liabilities|312,813,822.58|314,323,040.56|
|Other non-current liabilities|||
|Total of non-current liabilities|1,542,861,766.63|1,225,159,030.94|
|Total liabilities|4,372,125,435.31|4,386,483,486.45|
|Owner’s equity:|||
|Share capital|1,155,481,686.00|1,183,642,254.00|
|Other equity tools|||
|Including: preferred stock|||
|Perpetual bond|||
|Capital reserves|1,454,191.59|72,829,484.96|
|Less: Shares in stock|||
|Other miscellaneous income|7,993,054.60|8,585,847.99|
|Special reserves|||
|Surplus reserves|109,891,642.20|110,690,396.65|
|Common risk provisions|||
|Retained profit|2,007,114,888.56|1,863,191,218.58|
|Total of owner’s equity belong to the|||
||3,281,935,462.95|3,238,939,202.18|
|parent company|||

2018 Third Quarter Report of China Fangda Group Co., Ltd.
||||
|-|-|-|
|Minor shareholders’ equity|||
|Total of owners’ equity|3,281,935,462.95|3,238,939,202.18|
|Total of liabilities and owner’s interest|7,654,060,898.26|7,625,422,688.63|

 Legal representative: Xiong Jianming CFO: Lin Kebing Accounting Manager: Wu Bohua
2. Balance Sheet of the Parent Company
In RMB
||||
|-|-|-|
|Item|Closing balance|Opening balance|
|Current asset:|||
|Monetary capital|290,288,470.86|310,299,329.68|
|Financial assets measured at fair value|||
|with variations accounted into current|66,398,014.70||
|income account|||
|Derivative financial assets|||
|Receivable note and accounts|||
||200,000,000.00|408,154.54|
|receivable|||
|Including: receivable notes|200,000,000.00||
|Account receivable||408,154.54|
|Prepayment|105,517.23|349,740.31|
|Other receivables|1,142,808,005.45|823,793,780.45|
|Inventory|||
|Assets held for sales|||
|Non-current assets due in 1 year|||
|Other current assets|10,448,688.38|100,176,058.36|
|Total current assets|1,710,048,696.62|1,235,027,063.34|
|Non-current assets:|||
|Sellable financial assets|28,562,575.67|28,562,575.67|
|Investment held until mature|||
|Long-term receivable|||
|Long-term share equity investment|983,339,494.35|925,349,494.35|
|Investment real estate|307,321,568.00|307,321,568.00|
|Fixed assets|54,334,157.41|55,816,611.77|
|Construction in process|||
|Productive biological assets|||

2018 Third Quarter Report of China Fangda Group Co., Ltd.
||||
|-|-|-|
|Gas & petrol|||
|Intangible assets|2,195,142.36|2,293,133.59|
|R&D expense|||
|Goodwill|||
|Long-term amortizable expenses|9,321,312.20|460,000.00|
|Deferred income tax assets|23,429,841.64|23,409,576.18|
|Other non-current assets|||
|Total of non-current assets|1,408,504,091.63|1,343,212,959.56|
|Total of assets|3,118,552,788.25|2,578,240,022.90|
|Current liabilities|||
|Short-term loans|200,000,000.00|250,000,000.00|
|Financial liabilities measured at fair|||
|value with variations accounted into current|||
|income account|||
|Derivative financial liabilities|||
|Payable notes and accounts|673,941.85|606,941.85|
|Prepayment received|693,045.60|721,888.86|
|Employees’ wage payable|966,155.33|2,151,237.91|
|Taxes payable|1,151,777.67|11,721,681.36|
|Other payables|675,206,700.81|287,972,808.37|
|Liabilities held for sales|||
|Non-current liabilities due in 1 year|||
|Other current liabilities|||
|Total current liabilities|878,691,621.26|553,174,558.35|
|Non-current liabilities:|||
|Long-term loans|500,000,000.00||
|Bond payable|||
|Including: preferred stock|||
|Perpetual bond|||
|Long-term payable|||
|Long-term employees’ wage payable|||
|Anticipated liabilities|||
|Deferred earning|||
|Deferred income tax liabilities|63,713,846.42|63,864,007.22|
|Other non-current liabilities|||

2018 Third Quarter Report of China Fangda Group Co., Ltd.
||||
|-|-|-|
|Total of non-current liabilities|563,713,846.42|63,864,007.22|
|Total liabilities|1,442,405,467.68|617,038,565.57|
|Owner’s equity:|||
|Share capital|1,155,481,686.00|1,183,642,254.00|
|Other equity tools|||
|Including: preferred stock|||
|Perpetual bond|||
|Capital reserves|360,835.52|71,736,128.89|
|Less: Shares in stock|||
|Other miscellaneous income|8,756,553.46|8,756,553.46|
|Special reserves|||
|Surplus reserves|109,891,642.20|110,690,396.65|
|Retained profit|401,656,603.39|586,376,124.33|
|Total of owners’ equity|1,676,147,320.57|1,961,201,457.33|
|Total of liabilities and owner’s interest|3,118,552,788.25|2,578,240,022.90|

 3. Consolidated Income Statement of the Report Period
In RMB
||||
|-|-|-|
|Item|Amount occurred in the current period|Occurred in previous period|
|1. Total revenue|793,250,321.93|653,038,212.34|
|Incl. Business income|793,250,321.93|653,038,212.34|
|Interest income|||
|Insurance fee earned|||
|Fee and commission|||
|received|||
|2. Total business cost|686,317,916.32|527,570,947.26|
|Incl. Business cost|568,150,146.71|469,496,033.48|
|Interest expense|||
|Fee and commission paid|||
|Insurance discharge|||
|payment|||
|Net claim amount paid|||
|Net insurance policy|||
|reserves provided|||
|Insurance policy dividend|||

2018 Third Quarter Report of China Fangda Group Co., Ltd.
||||
|-|-|-|
|paid|||
|Reinsurance expenses|||
|Taxes and surcharges|37,823,332.32|27,720,396.62|
|Sales expense|10,702,477.61|16,873,111.63|
|Administrative expense|37,002,879.24|35,616,297.32|
|R&D cost|3,572,516.18|5,291,541.42|
|Financial expenses|17,349,510.08|16,078,535.41|
|Including: interest cost|25,702,800.18|15,564,921.17|
|Interest income|-3,207,162.41|-1,380,729.08|
|Asset impairment loss|11,717,054.18|-38,213,427.20|
|Add: other gains|1,058,639.79|3,104,151.04|
|Investment gains (“-“ for loss)|31,632,282.15|3,981,131.60|
|Incl. Investment gains from|||
|||-647,094.54|
|affiliates and joint ventures|||
|Gains from change of fair|||
||-25,429,705.00|2,274,935.37|
|value (“-“ for loss)|||
|Exchange gains (“-“ for loss)|||
|Investment gains ("-" for loss)|-1,981,867.64|-6,928.66|
|3. Operational profit (“-“ for loss)|112,211,754.91|134,820,554.43|
|Plus: non-operational income|464,154.45|-554,556.29|
|Less: non-operational expenditure|167,066.97|1,036,077.29|
|4. Gross profit (“-“ for loss)|112,508,842.39|133,229,920.85|
|Less: Income tax expenses|21,170,497.50|256,484.21|
|5. Net profit (“-“ for net loss)|91,338,344.89|132,973,436.64|
|(1) Net profit from continuous|||
||91,338,344.89|132,973,436.64|
|operation ("-" for net loss)|||
|(2) Net profit from discontinuous|||
|operation ("-" for net loss)|||
|Net profit attributable to the|||
||91,338,344.89|133,216,451.43|
|owners of parent company|||
|Minor shareholders’ equity||-243,014.79|
|6. After-tax net amount of other misc.|||
||1,286,962.78|8,481,869.86|
|incomes|||
|After-tax net amount of other misc.|||
||1,286,962.78|8,481,869.86|
|incomes attributed to parent's owner|||
|(1) Other misc. incomes that|||

2018 Third Quarter Report of China Fangda Group Co., Ltd.
||||
|-|-|-|
|cannot be re-classified into gain and|||
|loss|||
|1. Re-measure the change|||
|in the defined benefit plan|||
|2. Other comprehensive|||
|income that cannot be transferred to|||
|profit or loss under the equity method|||
|(2) Other misc. incomes that will|||
||1,286,962.78|8,481,869.86|
|be re-classified into gain and loss|||
|1. Other comprehensive|||
|income that can be transferred to profit|||
|or loss under the equity method|||
|2．Change in the fair value|||
|of financial asset for sale|||
|3 Held-to-mature|||
|investment reclassified as gain and loss|||
|in the financial assets for sales|||
|4. Effective part in the gain|||
||1,232,080.00|96,269.40|
|and loss of arbitrage of cash flow|||
|5. Translation difference of|||
||54,882.78|-279,121.37|
|foreign exchange statement|||
|6. Others||8,664,721.83|
|After-tax net of other misc. income|||
|attributed to minority shareholders|||
|7. Total of misc. incomes|92,625,307.67|141,455,306.50|
|Total of misc. incomes attributable|||
||92,625,307.67|141,698,321.29|
|to the owners of the parent company|||
|Total misc gains attributable to the|||
|||-243,014.79|
|minor shareholders|||
|8. Earnings per share:|||
|(1) Basic earnings per share|0.08|0.11|
|(2) Diluted earnings per share|0.08|0.11|

 Net profit contributed by entities merged under common control in the report period was RMB0.00, net profit realized by parties merged during the previous period is RMB0.00.
Legal representative: Xiong Jianming CFO: Lin Kebing Accounting Manager: Wu Bohua
4. Consolidated Income Statement of the Report Period
In RMB
2018 Third Quarter Report of China Fangda Group Co., Ltd.
||||
|-|-|-|
|Item|Amount occurred in the current period|Occurred in previous period|
|1. Turnover|7,795,537.50|7,143,696.79|
|Less: Operation cost|559,020.48|863,777.60|
|Taxes and surcharges|324,914.12|333,780.40|
|Sales expense||0.00|
|Administrative expense|5,790,565.51|5,766,693.63|
|R&D cost|||
|Financial expenses|9,138,885.73|-1,173,575.45|
|Including: interest cost|9,896,208.34|1,146,635.83|
|Interest income|-408,881.16|-2,340,011.51|
|Asset impairment loss|-17,615.04|56,567.43|
|加：Other gains|||
|Investment gains (“-“ for loss)|11,500,427.84|1,479,735.59|
|Incl. Investment gains from|||
|||876,182.79|
|affiliates and joint ventures|||
|Gains from change of fair|||
||-10,171,856.57|1,820,847.37|
|value (“-“ for loss)|||
|Investment gains ("-" for loss)|-55,328.84||
|2. Operational profit (“-“ for loss)|-6,726,990.87|4,597,036.14|
|Plus: non-operational income|2,500.00|4,105.20|
|Less: non-operational expenditure|5,494.62|121,000.00|
|3. Gross profit (“-“ for loss)|-6,729,985.49|4,480,141.34|
|Less: Income tax expenses||-10,035,082.23|
|4. Net profit (“-“ for net loss)|-6,729,985.49|14,515,223.57|
|(1) Net profit from continuous|||
||-6,729,985.49|14,515,223.57|
|operation ("-" for net loss)|||
|(2) Net profit from discontinuous|||
|operation ("-" for net loss)|||
|5. After-tax net amount of other misc.|||
|||8,664,721.83|
|incomes|||
|(1) Other misc. incomes that|||
|cannot be re-classified into gain and|||
|loss|||
|1. Re-measure the change|||
|in the defined benefit plan|||
|2. Other comprehensive|||

2018 Third Quarter Report of China Fangda Group Co., Ltd.
||||
|-|-|-|
|income that cannot be transferred to|||
|profit or loss under the equity method|||
|(2) Other misc. incomes that will|||
|||8,664,721.83|
|be re-classified into gain and loss|||
|1. Other comprehensive|||
|income that can be transferred to profit|||
|or loss under the equity method|||
|2．Change in the fair value|||
|of financial asset for sale|||
|3 Held-to-mature|||
|investment reclassified as gain and loss|||
|in the financial assets for sales|||
|4. Effective part in the gain|||
|and loss of arbitrage of cash flow|||
|5. Translation difference of|||
|foreign exchange statement|||
|6. Others||8,664,721.83|
|6. Total of misc. incomes|-6,729,985.49|23,179,945.40|
|7. Earnings per share:|||
|(1) Basic earnings per share|||
|(2) Diluted earnings per share|||

5. Consolidated Income Statement Between the Beginning of the Year and End of the Report Period In RMB
||||
|-|-|-|
|Item|Amount occurred in the current period|Occurred in previous period|
|1. Total revenue|2,235,301,218.46|2,052,749,153.63|
|Incl. Business income|2,235,301,218.46|2,052,749,153.63|
|Interest income|||
|Insurance fee earned|||
|Fee and commission|||
|received|||
|2. Total business cost|1,860,230,298.85|1,645,174,343.12|
|Incl. Business cost|1,503,636,322.43|1,372,893,960.45|
|Interest expense|||
|Fee and commission paid|||
|Insurance discharge|||
|payment|||

2018 Third Quarter Report of China Fangda Group Co., Ltd.
||||
|-|-|-|
|Net claim amount paid|||
|Net insurance policy|||
|reserves provided|||
|Insurance policy dividend|||
|paid|||
|Reinsurance expenses|||
|Taxes and surcharges|139,027,527.35|131,792,673.42|
|Sales expense|37,762,618.85|40,010,393.40|
|Administrative expense|103,542,065.13|97,403,916.43|
|R&D cost|11,567,916.09|9,219,109.68|
|Financial expenses|51,121,831.76|41,975,850.30|
|Including: interest cost|56,940,394.38|49,152,652.50|
|Interest income|-6,869,263.66|-11,242,432.46|
|Asset impairment loss|13,572,017.23|-48,121,560.56|
|Add: other gains|3,757,831.37|4,512,602.04|
|Investment gains (“-“ for loss)|57,877,044.56|10,861,727.87|
|Incl. Investment gains from|||
||0.00|-1,273,726.16|
|affiliates and joint ventures|||
|Gains from change of fair|||
||-34,326,342.25|2,973,747.00|
|value (“-“ for loss)|||
|Exchange gains (“-“ for loss)|||
|Investment gains ("-" for loss)|-3,533,733.22|-94,172.98|
|3. Operational profit (“-“ for loss)|398,845,720.07|425,828,714.44|
|Plus: non-operational income|7,530,192.86|3,952,958.80|
|Less: non-operational expenditure|689,227.40|1,265,404.51|
|4. Gross profit (“-“ for loss)|405,686,685.53|428,516,268.73|
|Less: Income tax expenses|84,216,677.45|68,024,588.73|
|5. Net profit (“-“ for net loss)|321,470,008.08|360,491,680.00|
|(1) Net profit from continuous|||
||321,470,008.08|360,491,680.00|
|operation ("-" for net loss)|||
|(2) Net profit from discontinuous|||
|operation ("-" for net loss)|||
|Net profit attributable to the|||
||321,470,008.08|361,219,770.86|
|owners of parent company|||
|Minor shareholders’ equity||-728,090.86|
|6. After-tax net amount of other misc.|-592,793.39|6,699,639.71|

2018 Third Quarter Report of China Fangda Group Co., Ltd.
||||
|-|-|-|
|incomes|||
|After-tax net amount of other misc.|||
||-592,793.39|6,699,639.71|
|incomes attributed to parent's owner|||
|(1) Other misc. incomes that|||
|cannot be re-classified into gain and|||
|loss|||
|1. Re-measure the change|||
|in the defined benefit plan|||
|2. Other comprehensive|||
|income that cannot be transferred to|||
|profit or loss under the equity method|||
|(2) Other misc. incomes that will|||
||-592,793.39|6,699,639.71|
|be re-classified into gain and loss|||
|1. Other comprehensive|||
|income that can be transferred to profit|||
|or loss under the equity method|||
|2．Change in the fair value|||
|of financial asset for sale|||
|3 Held-to-mature|||
|investment reclassified as gain and loss|||
|in the financial assets for sales|||
|4. Effective part in the gain|||
||-606,921.25|-1,685,960.75|
|and loss of arbitrage of cash flow|||
|5. Translation difference of|||
||14,127.86|-279,121.37|
|foreign exchange statement|||
|6. Others||8,664,721.83|
|After-tax net of other misc. income|||
|attributed to minority shareholders|||
|7. Total of misc. incomes|320,877,214.69|367,191,319.71|
|Total of misc. incomes attributable|||
||320,877,214.69|367,919,410.57|
|to the owners of the parent company|||
|Total misc gains attributable to the|||
|||-728,090.86|
|minor shareholders|||
|8. Earnings per share:|||
|(1) Basic earnings per share|0.28|0.31|
|(2) Diluted earnings per share|0.28|0.31|

Net profit contributed by entities merged under common control in the report period was RMB0.00, net profit realized by parties
merged during the previous period is RMB0.00.
2018 Third Quarter Report of China Fangda Group Co., Ltd. 6. Income Statement of the Parent Between the Beginning of the Year and End of the Report Period In RMB
||||
|-|-|-|
|Item|Amount occurred in the current period|Occurred in previous period|
|1. Turnover|22,907,827.70|20,997,817.08|
|Less: Operation cost|1,232,598.73|1,667,373.48|
|Taxes and surcharges|975,716.94|987,119.06|
|Sales expense|||
|Administrative expense|15,924,036.36|18,323,645.88|
|R&D cost|||
|Financial expenses|16,687,577.76|-2,618,598.83|
|Including: interest cost|18,446,237.53|3,913,018.33|
|Interest income|-1,990,291.21|-6,846,472.61|
|Asset impairment loss|81,061.84|94,478.76|
|Add: other gains|114,556.59||
|Investment gains (“-“ for loss)|19,638,911.06|2,494,407.02|
|Incl. Investment gains from|||
|||249,551.17|
|affiliates and joint ventures|||
|Gains from change of fair|||
||-13,600,985.30|1,820,847.37|
|value (“-“ for loss)|||
|Investment gains ("-" for loss)|-55,902.90||
|2. Operational profit (“-“ for loss)|-5,896,584.48|6,859,053.12|
|Plus: non-operational income|261,144.66|3,618,258.71|
|Less: non-operational expenditure|6,232.62|152,271.82|
|3. Gross profit (“-“ for loss)|-5,641,672.44|10,325,040.01|
|Less: Income tax expenses|1,531,510.40|-8,734,034.85|
|4. Net profit (“-“ for net loss)|-7,173,182.84|19,059,074.86|
|(1) Net profit from continuous|||
||-7,173,182.84|19,059,074.86|
|operation ("-" for net loss)|||
|(2) Net profit from discontinuous|||
|operation ("-" for net loss)|||
|5. After-tax net amount of other misc.|||
|||8,664,721.83|
|incomes|||
|(1) Other misc. incomes that|||
|cannot be re-classified into gain and|||
|loss|||

2018 Third Quarter Report of China Fangda Group Co., Ltd.
||||
|-|-|-|
|1. Re-measure the change|||
|in the defined benefit plan|||
|2. Other comprehensive|||
|income that cannot be transferred to|||
|profit or loss under the equity method|||
|(2) Other misc. incomes that will|||
|||8,664,721.83|
|be re-classified into gain and loss|||
|1. Other comprehensive|||
|income that can be transferred to profit|||
|or loss under the equity method|||
|2．Change in the fair value|||
|of financial asset for sale|||
|3 Held-to-mature|||
|investment reclassified as gain and loss|||
|in the financial assets for sales|||
|4. Effective part in the gain|||
|and loss of arbitrage of cash flow|||
|5. Translation difference of|||
|foreign exchange statement|||
|6. Others||8,664,721.83|
|6. Total of misc. incomes|-7,173,182.84|27,723,796.69|
|7. Earnings per share:|||
|(1) Basic earnings per share|||
|(2) Diluted earnings per share|||

7. Consolidated Cash Flow Statement Between the Beginning of the Year and End of the Report Period In RMB
||||
|-|-|-|
|Item|Amount occurred in the current period|Occurred in previous period|
|1. Net cash flow from business|||
|operations:|||
|Cash received from sales of|||
||2,207,987,021.72|2,554,904,276.07|
|products and providing of services|||
|Net increase of customer deposits|||
|and capital kept for brother company|||
|Net increase of loans from central|||
|bank|||
|Net increase of inter-bank loans|||
|from other financial bodies|||

2018 Third Quarter Report of China Fangda Group Co., Ltd.
||||
|-|-|-|
|Cash received against original|||
|insurance contract|||
|Net cash received from reinsurance|||
|business|||
|Net increase of client deposit and|||
|investment|||
|Increase in proposal of financial|||
|assets measured at fair value with|||
|variations accounted into current|||
|income account|||
|Cash received as interest,|||
|processing fee, and commission|||
|Net increase of inter-bank fund|||
|received|||
|Net increase of repurchasing|||
|business|||
|Tax refunded|4,988,463.29|1,805,886.66|
|Other cash received from business|||
||292,273,568.66|213,901,169.92|
|operation|||
|Sub-total of cash inflow from business|||
||2,505,249,053.67|2,770,611,332.65|
|operations|||
|Cash paid for purchasing products|||
||1,429,144,992.91|1,558,159,130.54|
|and services|||
|Net increase of client trade and|||
|advance|||
|Net increase of savings in central|||
|bank and brother company|||
|Cash paid for original contract|||
|claim|||
|Cash paid for interest, processing|||
|fee and commission|||
|Cash paid for policy dividend|||
|Cash paid to and for the staff|210,878,995.88|191,709,076.81|
|Taxes paid|272,518,173.65|358,300,385.82|
|Other cash paid for business|||
||480,094,332.49|268,199,654.52|
|activities|||
|Sub-total of cash outflow from business|||
||2,392,636,494.93|2,376,368,247.69|
|operations|||

2018 Third Quarter Report of China Fangda Group Co., Ltd.
||||
|-|-|-|
|Cash flow generated by business|||
||112,612,558.74|394,243,084.96|
|operations, net|||
|2. Cash flow generated by investment:|||
|Cash received from investment|||
||6,215,580,000.00|8,092,089,184.54|
|recovery|||
|Cash received as investment profit|64,596,027.07|13,773,697.27|
|Net cash retrieved from disposal of|||
|fixed assets, intangible assets, and other|16,523,904.33|3,540,531.00|
|long-term assets|||
|Net cash received from disposal of|||
|subsidiaries or other operational units|||
|Other investment-related cash|||
|received|||
|Sub-total of cash inflow generated from|||
||6,296,699,931.40|8,109,403,412.81|
|investment|||
|Cash paid for construction of fixed|||
|assets, intangible assets and other|49,609,863.23|33,608,087.17|
|long-term assets|||
|Cash paid as investment|6,155,986,395.83|8,146,400,000.00|
|Net increase of loan against pledge|||
|Net cash paid for acquiring|||
|subsidiaries and other operational units|||
|Other cash paid for investment|||
|Subtotal of cash outflows|6,205,596,259.06|8,180,008,087.17|
|Cash flow generated by investment|||
||91,103,672.34|-70,604,674.36|
|activities, net|||
|3. Cash flow generated by financing|||
|activities:|||
|Cash received from investment|||
|Incl. Cash received from|||
|investment attracted by subsidiaries|||
|from minority shareholders|||
|Cash received from borrowed|||
||708,000,000.00|962,503,029.59|
|loans|||
|Cash received from bond placing|||
|Other cash received from financing|||
|activities|||
|Subtotal of cash inflow from financing|708,000,000.00|962,503,029.59|

2018 Third Quarter Report of China Fangda Group Co., Ltd.
||||
|-|-|-|
|activities|||
|Cash paid to repay debts|780,577,298.43|391,000,000.00|
|Cash paid as dividend, profit, or|||
||258,660,130.40|337,538,336.38|
|interests|||
|Incl. Dividend and profit paid by|||
|subsidiaries to minority shareholders|||
|Other cash paid for financing|||
||99,804,777.52||
|activities|||
|Subtotal of cash outflow from financing|||
||1,139,042,206.35|728,538,336.38|
|activities|||
|Net cash flow generated by financing|||
||-431,042,206.35|233,964,693.21|
|activities|||
|4. Influence of exchange rate changes|||
||3,084,851.98|-1,950,710.61|
|on cash and cash equivalents|||
|5. Net increase in cash and cash|||
||-224,241,123.29|555,652,393.20|
|equivalents|||
|Plus: Balance of cash and cash|||
||931,285,535.55|935,824,575.40|
|equivalents at the beginning of term|||
|6. Balance of cash and cash equivalents|||
||707,044,412.26|1,491,476,968.60|
|at the end of the period|||

8. Cash Flow Statement of the Parent Between the Beginning of the Year and End of the Report Period In RMB
||||
|-|-|-|
|Item|Amount occurred in the current period|Occurred in previous period|
|1. Net cash flow from business|||
|operations:|||
|Cash received from sales of|||
||153,999,350.74|19,187,607.97|
|products and providing of services|||
|Tax refunded|||
|Other cash received from business|||
||1,409,325,820.93|1,056,523,500.53|
|operation|||
|Sub-total of cash inflow from business|||
||1,563,325,171.67|1,075,711,108.50|
|operations|||
|Cash paid for purchasing products|||
||1,250,558.30|28,685,143.30|
|and services|||
|Cash paid to and for the staff|10,320,094.96|12,913,713.04|
|Taxes paid|19,134,230.81|2,790,810.71|
|Other cash paid for business|||
||1,684,835,834.03|940,326,714.58|
|activities|||

2018 Third Quarter Report of China Fangda Group Co., Ltd.
||||
|-|-|-|
|Sub-total of cash outflow from business|||
||1,715,540,718.10|984,716,381.63|
|operations|||
|Cash flow generated by business|||
||-152,215,546.43|90,994,726.87|
|operations, net|||
|2. Cash flow generated by investment:|||
|Cash received from investment|||
||2,273,880,000.00|2,206,344,592.27|
|recovery|||
|Cash received as investment profit|20,659,911.06|438,481,932.96|
|Net cash retrieved from disposal of|||
|fixed assets, intangible assets, and other|5,000.00||
|long-term assets|||
|Net cash received from disposal of|||
||10,000,000.00|10,000,000.00|
|subsidiaries or other operational units|||
|Other investment-related cash|||
|received|||
|Sub-total of cash inflow generated from|||
||2,304,544,911.06|2,654,826,525.23|
|investment|||
|Cash paid for construction of fixed|||
|assets, intangible assets and other|576,678.00|1,573,560.35|
|long-term assets|||
|Cash paid as investment|2,321,870,000.00|2,222,010,000.00|
|Net cash paid for acquiring|||
|subsidiaries and other operational units|||
|Other cash paid for investment|||
|Subtotal of cash outflows|2,322,446,678.00|2,223,583,560.35|
|Cash flow generated by investment|||
||-17,901,766.94|431,242,964.88|
|activities, net|||
|3. Cash flow generated by financing|||
|activities:|||
|Cash received from investment|||
|Cash received from borrowed|||
||700,000,000.00|250,000,000.00|
|loans|||
|Cash received from bond placing|||
|Other cash received from financing|||
|activities|||
|Subtotal of cash inflow from financing|||
||700,000,000.00|250,000,000.00|
|activities|||
|Cash paid to repay debts|250,000,000.00|100,000,000.00|

2018 Third Quarter Report of China Fangda Group Co., Ltd.
||||
|-|-|-|
|Cash paid as dividend, profit, or|||
||199,919,295.82|280,390,322.29|
|interests|||
|Other cash paid for financing|||
||99,804,777.52||
|activities|||
|Subtotal of cash outflow from financing|||
||549,724,073.34|380,390,322.29|
|activities|||
|Net cash flow generated by financing|||
||150,275,926.66|-130,390,322.29|
|activities|||
|4. Influence of exchange rate changes|||
||-169,472.11|-22,970.66|
|on cash and cash equivalents|||
|5. Net increase in cash and cash|||
||-20,010,858.82|391,824,398.80|
|equivalents|||
|Plus: Balance of cash and cash|||
||310,049,329.68|74,159,732.87|
|equivalents at the beginning of term|||
|6. Balance of cash and cash equivalents|||
||290,038,470.86|465,984,131.67|
|at the end of the period|||

2.Auditor‘s report
Whether the Q3 report is audited
□ Yes√ No
The Q3 Report is not audited.
China Fangda Group Co., Ltd. Legal representative: Xiong Jianming 18.10.18