FIYTA HOLDINGS LTD. 2017 Third Quarterly Report, Full Text FIYTA HOLDINGS LTD.
2017 Third QuarterlyReport，Full Text
October, 2017
FIYTA HOLDINGS LTD. 2017 Third Quarterly Report, Full Text Section 1 Important Notes
The Board of Directors, the Supervisory Committee, directors, supervisors and senior executives hereby individually and collectively accept responsibility for the correctness, accuracy and completeness of the contents of this Quarterly Report and confirm that there are neither material omissions nor errors which would render any statement misleading.
All the directors attended the board meeting for reviewing the Quarterly Report.
Mr. Huang Yongfeng, the Company leader, Mr. Chen Zhuo, the chief financial officer, and Mr. Tian Hui, the manager of the accounting department (treasurer) hereby confirm the authenticity, accuracy and completeness of the financial report enclosed in this Quarterly Report.
FIYTA HOLDINGS LTD. 2017 Third Quarterly Report, Full Text Section 2 Company Information
I. Key Accounting Data and Financial Indicators
Does the Company need to make retrospective adjustment or restatement of the accounting data of the previous year?
No
||||||||
|-|-|-|-|-|-|-|
||||||Increase/decrease of the||
||End of the reporting period||End of the previous year||end of the report period vs||
||||||the end of the previous year||
|Total assets, in CNY|3,699,345,636.81||4,004,897,562.72||-7.63%||
|Net assets attributable to the|2,465,983,929.10||2,371,370,535.17||||
|Company’s shareholders (in|||||3.99%||
|CNY)|||||||
|||||||Increase/decrease of|
|||Increase/decrease of|||||
|||||From year beginning||the reporting period|
|||the report period vs|||||
||Reporting period|||to the end of the||vs the same period|
|||the same period of|||||
|||||report period||of the previous year|
|||the previous year|||||
|||||||(%)|
|Operating revenue, in CNY|876,113,517.26|16.10%||2,475,654,661.61||10.81%|
|Net profit attributable to the|49,839,227.96|||136,548,052.72|||
|Company’s shareholders (in||3.86%||||26.06%|
|CNY)|||||||
|Net profit attributable to the|||||||
|Company’s shareholders less|49,457,070.83|3.59%||135,395,527.77||26.12%|
|the non-recurring items, in CNY|||||||
|Net cash flows arising from||||363,315,959.49|||
||--|--||||24.83%|
|operating activities, in CNY|||||||
|Basic earnings per share|0.1136|||0.3112|||
|||4.22%||||26.04%|
|(CNY/share)|||||||
|Diluted earnings per share|0.1136|||0.3112|||
|||4.22%||||26.04%|
|(CNY/share)|||||||
|Net assets-income ratio,|||||||
||2.01%|-0.85%||5.66%||22.57%|
|weighted average|||||||

Non-recurring gain/loss items and the amount involved
In CNY
||||
|-|-|-|
||From year beginning to the||
|Items||Notes|
||end of the reporting period||
|Gain and loss from disposal of non-current assets, including|||
||-200,581.55||
|the part offset with the provision for impairment of assets|||
|Government subsidy recognized in current gain and loss|||
||2,414,836.49||
|(excluding those closely related to the Company’s business|||

FIYTA HOLDINGS LTD. 2017 Third Quarterly Report, Full Text
||||
|-|-|-|
|and granted under the state’s policies according to certain|||
|quota of amount or volume)|||
|Income and expenses from the business other than the|||
||-845,778.09||
|above items|||
|Less: Amount affected by the income tax|215,951.90||
|Total|1,152,524.95|--|

For theCompany’s non-recurring gain/loss items as defined in the Explanatory Announcement No. 1 on Information Disclosure for Companies Offering their Securities to the Public– Non-recurring Gains and Losses and its non-recurring gain/loss items as illustrated in the Explanatory Announcement No. 1 on Information Disclosure for Companies Offering their Securities to the Public– Non-recurring Gains and Losses which have been defined as recurring gains and losses, it is necessary to explain the reason. Inapplicable
II. Total Shareholders and Shares Held by Top Ten Shareholders at the End of the Reporting Period
1. Statement of Total Shareholders of Common Shares and the Referred Shares with the Voting Power Recovered and the Shares Held by Top Ten Shareholders
In Shares
||||||||||
|-|-|-|-|-|-|-|-|-|
|Total common shareholders at||||Total shareholders of|||||
|the end of the reporting period||35,959||preferred shares with voting|||0||
|||||power recovered (if any)|||||
|Shares held by the top 10 shareholders|||||||||
||||||Number of|Pledged or frozen|||
|Shareholders’|Nature of|Proportion of|Number of||||||
||||||restricted|Status of the|||
|Names|Shareholders|shares held|shares held|||||Q’ty|
||||||shares held|shares|||
|CATICShenzhenHoldingsLimited|State ownedcorporate|37.15%|162,977,327||0||||
|ChongqingInternationalTrust Co., Ltd. -YUXINTrust No.2|Domesticnon-statecorporate|2.07%|9,103,318||0||||
|ChongqingInternationalTrust Co., Ltd. -RongxintongSeries UnitrustNo. 10|Domesticnon-statecorporate|1.94%|8,502,780||0||||
|#Yang Zugui|Domesticnatural persons|1.65%|7,254,069||0||||

FIYTA HOLDINGS LTD. 2017 Third Quarterly Report, Full Text
||||||||
|-|-|-|-|-|-|-|
|MANULIFETEDA Fund－Minsheng Bank－MANULIFETEDA ValueGrowthOrientedAdditional IssueNo. 351 AssetsManagementProgram|Domesticnon-statecorporate|1.15%|5,043,559|0|||
|XizangInvestment Co.,Ltd.|State ownedcorporate|1.13%|4,976,551|0|||
|Golden EagleFund- MinshengBank-GoldenEagle WenshiJunye FlexibleDisposition No.3 AssetsManagementProgram|Domesticnon-statecorporate|1.07%|4,674,329|0|||
|GuangdongJunyeInvestment Co.,Ltd.|Domesticnon-statecorporate|0.76%|3,347,210|0|||
|Shenzhen HeliFengyuanCommerce &Trade Co., Ltd.|Domesticnon-statecorporate|0.76%|3,314,781|0|||
|ShenzhenQianye HuirongInvestment Co.,Ltd.|Domesticnon-statecorporate|0.70%|3,076,400|0|||
|Non-restricted shares held by the top ten shareholders|||||||
||||||Share Type||
|Shareholders’ Names||Number of unrestricted shares|||||
||||||Share Type|Q’ty|
|CATIC Shenzhen HoldingsLimited||162,977,327|||RMB ordinary||
||||||shares (A|162,977,327|
||||||shares)||
|Chongqing International TrustCo., Ltd. - YUXINTrust No. 2||9,103,318|||RMB ordinary||
||||||shares (A|9,103,318|
||||||shares)||

FIYTA HOLDINGS LTD. 2017 Third Quarterly Report, Full Text
|||||
|-|-|-|-|
|Chongqing International TrustCo., Ltd. - Rongxintong SeriesUnitrust No. 10|8,502,780|RMB ordinary||
|||shares (A|8,502,780|
|||shares)||
|#Yang Zugui|7,254,069|RMB ordinary||
|||shares (A|7,254,069|
|||shares)||
|MANULIFE TEDA Fund－Minsheng Bank－MANULIFETEDA Value Growth OrientedAdditional Issue No. 351 AssetsManagement Program|5,043,559|||
|||RMB ordinary||
|||shares (A|5,043,559|
|||shares)||
|Xizang Investment Co., Ltd.|4,976,551|RMB ordinary||
|||shares (A|4,976,551|
|||shares)||
|Golden Eagle Fund- MinshengBank-Golden Eagle WenshiJunye Flexible Disposition No. 3Assets Management Program|4,674,329|||
|||RMB ordinary||
|||shares (A|4,674,329|
|||shares)||
|Guangdong Junye InvestmentCo., Ltd.|3,347,210|RMB ordinary||
|||shares (A|3,347,210|
|||shares)||
|Shenzhen Heli FengyuanCommerce & Trade Co., Ltd.|3,314,781|RMB ordinary||
|||shares (A|3,314,781|
|||shares)||
|Shenzhen Qianye HuirongInvestment Co., Ltd.|3,076,400|RMB ordinary||
|||shares (A|3,076,400|
|||shares)||
||Of the top 10 shareholders, both Chongqing International Trust Co., Ltd. - YUXIN No.|||
||2 Trust and Chongqing International Trust Co., Ltd. - Rongxintong Serial Order - Trust|||
|Relationship/concerted action||||
||No. 10 are subsidiaries of Chongqing International Trust Co., Ltd. Both of them are|||
|among the above shareholders||||
||holding totalling 17,606,098 shares of negotiable A-shares in the Company, which|||
||takes 4.01% of the Company's total shares.|||
|Note to the top 10 common||||
|shareholders involved in margin||||
||Inapplicable|||
|financing & securities lending (if||||
|any)||||

Did the top ten common shareholders or top ten shareholders of unrestricted common shares conduct contractual repurchase during the reporting period?
No
2. Statement of Total Shareholders of Preferred Shares and Shares Held by Top Ten Shareholders
of Preferred Shares
Inapplicable
FIYTA HOLDINGS LTD. 2017 Third Quarterly Report, Full Text Section 3 Significant Events
I. Movements and the causes of major financial data and financial indicators in the reporting period
FIYTA HOLDINGS LTD. 2017 Third Quarterly Report, Full Text 1. Items of Balance Sheet
|||||||||||
|-|-|-|-|-|-|-|-|-|-|
|Items|||Ending||Opening||Change rate|Cause of Change||
||||balance||balance||(%)|||
|Monetary fund||283,300,365.16||428,802,755.81||-33.93%|||It mainly consisted of the input of the raised|
||||||||||capital and part of the working capital used|
||||||||||for repayment of bank loan|
||Notes receivable|11,843,004.08||7,662,556.28||54.56%|||It was mainly due to increase of acceptance|
||||||||||draft undue at the end of the reporting period|
|Other non-currentassets||6,382,192.87||10,681,518.91||-40.25%|||It mainly consisted of the money paid in|
||||||||||advance for fixed asset converted into fixed|
||||||||||asset upon acceptance inspection|
|Short-term Loan||765,718,810.00||1,098,438,070.00||-30.29%|||It was mainly due to repayment of part of the|
||||||||||bank loan with the working capital in the|
||||||||||current year.|
|Accounts payable||148,025,474.49||215,422,089.74||-31.29%|||It was mainly due to decrease of the trade|
||||||||||payables at the end of the reporting period.|
|Taxes payable||85,190,519.61||50,945,289.31||67.22%|||It was mainly due to increase of the|
||||||||||enterprise income tax provided at the end of|
||||||||||the reporting period.|

2. Items in Profit Statement
|||||||||
|-|-|-|-|-|-|-|-|
|Items||ReportingPeriod||Same Period of|Change rate(%)|Reason of Change||
|||||the Previous||||
|||||Year||||
|Administrativeexpenses||64,896,843.37|46,470,757.63||39.65%|It was mainly due to increase of the laborcost, increase of R & D expenses in thecurrent year and increase of the depreciationarising from conversion of FIYTA WatchBuilding into fixed assets at the end of 2016.||
||Loss from|8,416,056.39|1,909,350.83||340.78%||It was mainly due to increase of provision for|
||impairment of||||||bad debt and provision for price falling of|
||assets||||||inventories in the reporting period.|
|Non-operatingincome||991,658.14|442,044.51||124.33%||It was mainly due to increase of the|
||||||||government subsidy in the reporting period|
||||||||over the corresponding period.|
|Non-operatingexpenses||572,547.81|95,903.50||497.00%||It was mainly due to payment of the donation|
||||||||by FIYTA Dream Center to Shanghai Adream|
||||||||Foundation.|

3. Items of Cash Flow Statement
|||||||||
|-|-|-|-|-|-|-|-|
|Items|||From year|Same Period ofthe PreviousYear|Change rate(%)|Reason of Change||
||||beginning to|||||
||||the end of the|||||
||||reporting|||||
||||period|||||
||Rebated taxes|863,877.72||69,388.94|1144.98%||It was mainly due to increase of the export|
||received||||||duties rebated in the current year.|
||Cash paid for|85,209,670.21||134,423,973.14|-36.61%|It was mainly due to decrease of theengineering payments of Guangming NewZone Industrial Base over the correspondingperiod.||
||construction/purch|||||||
||ase of fixed assets,|||||||
||intangible assets|||||||
||and other long|||||||
||term assets|||||||
||Cash received|495,432,500.00||865,749,959.13|-42.77%|It was mainly due to decrease of the bankloan in the current year.||
||from loans|||||||

FIYTA HOLDINGS LTD. 2017 Third Quarterly Report, Full Text II. Progress of Significant Events, its Impacts and the Solutions
1. Change of Directors, Supervisors and Senior Executives
The Company's 19th Session of the Eighth Board of Directors held on September 4, 2017 and 2017 3rd Extraordinary General Meeting held on September 20, 2017 reviewed and approved the Proposal of Norminating Mr. Wang Bo as Director Candidate and the Proposal of Norminating Mr. Xiao Zhanglin as Director Candidate. Mr. Wang Bo and Mr. Xiao Zhanglin were directors of the Company's Eighth Board of Directors. For the detail, refer to Announcement on Resolutions of the 19th Session of the Eighth Board of Directors - 2017-041 and Announcement on Resolutions of 2017 3rd Extraordinary General Meeting - 2017-045 respectively disclosed on the Securities Times, Hong Kong Commercial Daily and www.cninfo.com.cn.
The Company's 20th Session of the Eighth Board of Directors held on September 8, 2017 reviewed and approved the Proposal for Election of the Chairman of the Board and Mr. Huang Yongfeng was elected the Chairman of the Eighth Board of Directors. For the detail, refer to Announcement on Resolutions of the 20th Session of the Eighth Board of Directors - 2017-044.
||||
|-|-|-|
|||Index for inquiry with the website|
|Briefs of significant events|Disclosure date||
|||disclosing provisional reports|
|Announcement on Resolutions of the|||
|19th Session of the Eighth Board of|September 5, 2017|http://www.cninfo.com.cn/|
|Directors - 2017-041|||
|Announcement on Resolutions of 2017|||
|3rd Extraordinary General Meeting -|September 21, 2017|http://www.cninfo.com.cn/|
|2017-045|||
|Announcement on Resolutions of the|||
|20th Session of the Eighth Board of|September 9, 2017|http://www.cninfo.com.cn/|
|Directors - 2017-044|||

III. Failure in Due Fulfillment of the Commitments of the Actual Controllers,
Shareholders, Affiliates, and Acquirer and the Company during the Reporting Period Inapplicable
IV. Prediction of the Operation Results Year 2017
Inapplicable
V. Investment in Securities
Inapplicable
FIYTA HOLDINGS LTD. 2017 Third Quarterly Report, Full Text VI. Investment in Derivatives
Inapplicable
VII. Registry of such Activities as Reception of the Visitors of Survey, Communications, Interview, etc. during the Reporting Period
Inapplicable
VIII. Outward Guarantee against the Regulations
Inapplicable
IX. TheCompany’s Fund Occupied by its Controlling Shareholder or Related Party for Non-operation Purpose
Inapplicable
X. Implementation of the Social Responsibility of Taking Targeted Measures to Alleviate Poverty in Light of Local Conditions.
In the reporting third quarter, the Company neither carried out the work of taking targeted measures to alleviate poverty in light of local conditions nor had such a plan.
FIYTA HOLDINGS LTD. 2017 Third Quarterly Report, Full Text Section 4 Financial Statements
I. Financial Statements
1. Consolidated Balance Sheet
Prepared by Fiyta Holdings Ltd.
In CNY
||||
|-|-|-|
|Items|Ending balance|Opening balance|
|Current assets:|||
|Monetary fund|283,300,365.16|428,802,755.81|
|Settlement reserve|||
|Inter-bank lending|||
|Financial assets which were|||
|measured based on the fair value and|||
|its change was counted to the current|||
|gain and loss|||
|Derivative financial assets|||
|Notes receivable|11,843,004.08|7,662,556.28|
|Accounts receivable|338,666,010.37|306,671,021.69|
|Prepayments|26,315,018.90|33,709,656.73|
|Receivable premium|||
|Reinsurance accounts receivable|||
|Reserve for reinsurance contract|||
|receivable|||
|Interest receivable|||
|Dividends receivable|||
|Other receivables|38,837,580.98|33,393,017.28|
|Redemptory monetary capital for|||
|sale|||
|Inventories:|1,845,115,043.76|1,997,097,192.38|
|Assets classified as that held for|||
|sale|||
|Non-current assets due within a|||
|year|||
|Other current assets|15,810,024.42|20,344,532.09|
|Total current assets|2,559,887,047.67|2,827,680,732.26|
|Non-Current Assets:|||
|Provision of loans and advance in|||
|cash|||
|Available-for-sale financial assets|85,000.00|85,000.00|
|Held –to-maturity investment|||

FIYTA HOLDINGS LTD. 2017 Third Quarterly Report, Full Text
||||
|-|-|-|
|Long-term accounts receivable|||
|Long-term equity investment|43,612,496.76|43,423,624.87|
|Investment based real estate|282,038,799.83|244,202,635.09|
|Fixed assets|559,184,323.71|611,204,169.03|
|Construction-in-process|2,931,677.90||
|Engineering supplies|||
|Disposal of fixed assets|||
|Productive biological assets|||
|Oil and gas asset|||
|Intangible assets|40,062,217.29|38,751,903.42|
|Development expenses|||
|Goodwill|||
|Long-term expenses to be|||
||102,954,444.53|133,688,403.88|
|apportioned|||
|Deferred income tax asset|102,207,436.25|95,179,575.26|
|Other non-current assets|6,382,192.87|10,681,518.91|
|Total non-current assets|1,139,458,589.14|1,177,216,830.46|
|Total assets|3,699,345,636.81|4,004,897,562.72|
|Current liabilities:|||
|Short-term Loan|765,718,810.00|1,098,438,070.00|
|Borrowings from central bank|||
|Deposits taking and interbank|||
|placement|||
|Loans from other banks|||
|Financial liabilities which were|||
|measured based on the fair value and|||
|its change was charged to the current|||
|gain and loss|||
|Derivative financial liabilities|||
|Notes payable|||
|Accounts payable|148,025,474.49|215,422,089.74|
|Advance receipts|16,748,559.84|13,902,703.90|
|Funds from selling out and|||
|repurchasing financial assets|||
|Service charge and commission|||
|payable|||
|Salaries payable to the|||
||39,091,321.82|45,254,585.69|
|employees|||
|Taxes payable|85,190,519.61|50,945,289.31|
|Interest payable|2,108,364.46|2,475,969.65|
|Dividends payable|||
|Other payables|41,969,491.21|53,733,080.99|
|Payable reinsurance|||

FIYTA HOLDINGS LTD. 2017 Third Quarterly Report, Full Text
||||
|-|-|-|
|Reserve for insurance contract|||
|Acting trading securities|||
|Income from securities|||
|underwriting on commission|||
|Liabilities classified as that held|||
|for sale|||
|Non-current liabilities due within a|||
||21,500,000.00|26,117,387.52|
|year|||
|Other current liabilities|5,076,626.25|2,379,148.19|
|Total current liabilities|1,125,429,167.68|1,508,668,324.99|
|Non-Current Liabilities:|||
|Long-term Loan|97,684,977.24|115,301,048.00|
|Bonds payable|||
|Including: preferred shares|||
|Permanent liabilities|||
|Long term accounts payable|||
|Long term accrued payroll|||
|Special accounts payable|||
|Predicted liabilities|||
|Deferred income|7,280,000.00|5,980,000.00|
|Deferred income tax liability|||
|Other non-current liabilities|||
|Total non-current liabilities|104,964,977.24|121,281,048.00|
|Total liabilities|1,230,394,144.92|1,629,949,372.99|
|Owner’s equity|||
|Capital stock|438,744,881.00|438,744,881.00|
|Other equity instruments|||
|Including: preferred shares|||
|Permanent liabilities|||
|Capital reserve|1,062,455,644.22|1,062,455,644.22|
|Less: shares in stock|||
|Other comprehensive income|-9,838,668.93|-11,778,498.24|
|Special reserve|||
|Surplus reserve|193,961,700.45|193,961,700.45|
|Reserve against general risks|||
|Retained earnings|780,660,372.36|687,986,807.74|
|Total owner’s equity attributable to the|||
||2,465,983,929.10|2,371,370,535.17|
|parent company|||
|Minority shareholders’ equity|2,967,562.79|3,577,654.56|
|Total owners’ equity|2,468,951,491.89|2,374,948,189.73|
|Total liabilities and owners’ equity|3,699,345,636.81|4,004,897,562.72|

Legal representative: Huang Yongfeng Chief Financial Officer: Chen Zhuo Person in charge of the
FIYTA HOLDINGS LTD. 2017 Third Quarterly Report, Full Text Accounting Department: Tian Hui
2. Balance Sheet, Parent Company
In CNY
||||
|-|-|-|
|Items|Ending balance|Opening balance|
|Current assets:|||
|Monetary fund|215,874,518.95|270,947,926.47|
|Financial assets which were|||
|measured based on the fair value and its|||
|change was counted to the current gain|||
|and loss|||
|Derivative financial assets|||
|Notes receivable|||
|Accounts receivable|848,803.45|255,995.64|
|Prepayments|||
|Interest receivable|||
|Dividends receivable|||
|Other receivables|850,326,175.53|1,191,947,054.57|
|Inventories:|||
|Assets classified as that held for|||
|sale|||
|Non-current assets due within a|||
|year|||
|Other current assets|8,401,816.24|5,805,712.39|
|Total current assets|1,075,451,314.17|1,468,956,689.07|
|Non-Current Assets:|||
|Available-for-sale financial assets|||
|Held –to-maturity investment|85,000.00|85,000.00|
|Long-term accounts receivable|||
|Long-term equity investment|1,374,861,087.69|1,256,593,344.87|
|Investment based real estate|246,500,055.39|207,804,447.15|
|Fixed assets|371,516,078.44|414,581,425.11|
|Construction-in-process|2,931,677.90||
|Engineering supplies|||
|Disposal of fixed assets|||
|Productive biological assets|||
|Oil and gas asset|||
|Intangible assets|33,098,651.61|32,438,001.77|
|Development expenses|||
|Goodwill|||
|Long-term expenses to be|||
||4,616,402.84|5,721,622.60|
|apportioned|||

FIYTA HOLDINGS LTD. 2017 Third Quarterly Report, Full Text
||||
|-|-|-|
|Deferred income tax asset|4,261,244.68|1,502,555.54|
|Other non-current assets|4,085,315.23|10,681,518.91|
|Total non-current assets|2,041,955,513.78|1,929,407,915.95|
|Total assets|3,117,406,827.95|3,398,364,605.02|
|Current liabilities:|||
|Short-term Loan|618,000,000.00|908,000,000.00|
|Financial liabilities which were|||
|measured based on the fair value and its|||
|change was charged to the current gain|||
|and loss|||
|Derivative financial liabilities|||
|Notes payable|||
|Accounts payable|61,071,875.12|77,826,174.63|
|Advance receipts|4,234,172.59|2,767,858.84|
|Salaries payable to the employees|4,116,642.94|8,020,288.56|
|Taxes payable|2,327,719.92|2,883,511.63|
|Interest payable|1,047,937.83|1,312,644.11|
|Dividends payable|||
|Other payables|98,551,373.09|18,959,721.51|
|Liabilities classified as that held for|||
|sale|||
|Non-current liabilities due within a|||
||21,500,000.00|8,000,000.00|
|year|||
|Other current liabilities|||
|Total current liabilities|810,849,721.49|1,027,770,199.28|
|Non-Current Liabilities:|||
|Long-term Loan|92,361,928.00|109,861,928.00|
|Bonds payable|||
|Including: preferred shares|||
|Permanent liabilities|||
|Long term accounts payable|||
|Long term accrued payroll|||
|Special accounts payable|||
|Predicted liabilities|||
|Deferred income|7,280,000.00|5,980,000.00|
|Deferred income tax liability|||
|Other non-current liabilities|||
|Total non-current liabilities|99,641,928.00|115,841,928.00|
|Total liabilities|910,491,649.49|1,143,612,127.28|
|Owner’s equity|||
|Capital stock|438,744,881.00|438,744,881.00|
|Other equity instruments|||
|Including: preferred shares|||

FIYTA HOLDINGS LTD. 2017 Third Quarterly Report, Full Text
||||
|-|-|-|
|Permanent liabilities|||
|Capital reserve|1,068,111,185.32|1,068,111,185.32|
|Less: shares in stock|||
|Other comprehensive income|||
|Special reserve|||
|Surplus reserve|193,961,700.45|193,961,700.45|
|Retained earnings|506,097,411.69|553,934,710.97|
|Total owners’ equity|2,206,915,178.46|2,254,752,477.74|
|Total liabilities and owners’ equity|3,117,406,827.95|3,398,364,605.02|

 Legal representative: Huang Yongfeng Chief Financial Officer: Chen Zhuo Person in charge of the Accounting Department: Tian Hui
3 Consolidated Statement of Profit in the Reporting Period
In CNY
||||
|-|-|-|
|Items|Amount incurred in the reporting period|Amount incurred in the previous period|
|I. Gross Revenue|876,113,517.26|754,607,535.18|
|Including: revenue|876,113,517.26|754,607,535.18|
|Interest income|||
|Earned premium|||
|Service charge and|||
|commission income|||
|II. Total operating cost|811,930,483.19|691,537,557.81|
|Including: operating costs|512,791,871.39|438,098,536.83|
|Interest payment|||
|Service charge and|||
|commission payment|||
|Refunded premiums|||
|Compensation pay-out,|||
|net|||
|Net amount of reserves|||
|for reinsurance contract|||
|Policy dividend|||
|payment|||
|Reinsurance expenses|||
|Taxes and surcharges|7,962,036.51|6,640,491.47|
|Sales costs|205,086,341.20|182,290,250.26|
|Administrative|||
||64,896,843.37|46,470,757.63|
|expenses|||
|Financial expenses|12,777,334.33|16,128,170.79|
|Loss from impairment of|||
||8,416,056.39|1,909,350.83|
|assets|||

FIYTA HOLDINGS LTD. 2017 Third Quarterly Report, Full Text
||||
|-|-|-|
|Add: Income from change of|||
|fair value (loss is stated with “-“)|||
|Investment income (loss|||
|||180,593.64|
|is stated with “-“)|||
|Including: return on|||
|investment in associate and joint||180,593.64|
|venture|||
|Exchange income (loss is|||
|stated with “-“)|||
|Other income|||
|III. Operating Profit (loss is stated|||
||64,183,034.07|63,250,571.01|
|with “-“)|||
|Plus: Non-operating income|991,658.14|442,044.51|
|Including: profit from|||
||2,680.00|2.91|
|disposal of non-current assets|||
|Less: Non-operating expenses|572,547.81|95,903.50|
|Including: Loss from|||
||189,908.60|143,573.63|
|disposal of non-current assets|||
|IV. Total profit (total loss is stated|||
||64,602,144.40|63,596,712.02|
|with “-”)|||
|Less: Income tax expense|15,078,018.06|15,748,647.67|
|V. Net Profit (net loss is stated with|||
||49,524,126.34|47,848,064.35|
|“-“)|||
|Net profit attributable to the|||
||49,839,227.96|47,988,842.36|
|parent company’s owner|||
|Minority shareholders’|||
||-315,101.62|-140,778.01|
|gain/loss|||
|VI. Net of other comprehensive|||
||-5,344,611.14|-451,219.34|
|income after tax|||
|Net of other comprehensive|||
|income after tax attributable to the|-5,228,715.27|-471,302.37|
|parent company’s owner|||
|(I) Other comprehensive|||
|income which cannot be|||
|re-classified into the gain and loss|||
|1. Movement of the net|||
|liabilities and net assets|||
|re-measured for setting the|||
|beneficial plan|||
|2. Share enjoyable in|||
|the other comprehensive income in|||
|which the investee cannot be|||
|re-classified into the gain and loss|||
|under the equity method|||

FIYTA HOLDINGS LTD. 2017 Third Quarterly Report, Full Text
||||
|-|-|-|
|(II) Other comprehensive|||
|income which cannot be|||
||-5,228,715.27|-471,302.37|
|re-classified into the gain and loss in|||
|future|||
|1. Share enjoyable in|||
|the other comprehensive income in|||
|which the investee cannot be|||
|re-classified into the gain and loss|||
|under the equity method in future|||
|2. Gain/loss from|||
|change in the fair value of the|||
|financial assets available for sale|||
|3. Gain/loss from which|||
|the held-to-maturity investment is|||
|re-classified as available-for-sale|||
|financial assets|||
|4. Valid part of the|||
|gain/loss from cash flow hedge|||
|5. Converted difference|||
||-5,228,715.27|-471,302.37|
|in Foreign Currency Statements|||
|6. Others|||
|Net amount of other|||
|comprehensive income after tax|-115,895.87|20,083.03|
|attributable to minority shareholders|||
|VII. Total comprehensive income|44,179,515.20|47,396,845.01|
|Total comprehensive income|||
|attributable to the parent company’s|44,610,512.69|47,517,539.99|
|owner|||
|Total comprehensive income|||
||-430,997.49|-120,694.98|
|attributable to minority shareholders|||
|VIII. Earnings per share:|||
|(I) Basic earnings per share|0.1136|0.1090|
|(II) Diluted earnings per share|0.1136|0.1090|

 Legal representative: Huang Yongfeng Chief Financial Officer: Chen Zhuo Person in charge of the Accounting Department: Tian Hui
4. Statement of Profit in the Reporting Period, Parent Company
In CNY
||||
|-|-|-|
|Items|Amount incurred in the reporting period|Amount incurred in the previous period|
|I. Revenue|27,263,052.24|24,201,543.68|
|Less: Operating cost|4,615,106.22|3,641,992.53|
|Taxes and surcharges|1,306,737.51|146,079.08|

FIYTA HOLDINGS LTD. 2017 Third Quarterly Report, Full Text
||||
|-|-|-|
|Sales costs|||
|Administrative expenses|22,373,257.77|13,057,505.42|
|Financial expenses|2,644,287.94|1,965,393.14|
|Loss from impairment of|||
|assets|||
|Add: Income from change of|||
|fair value (loss is stated with “-“)|||
|Investment income (loss|||
|is stated with “-“)|||
|Including: return on|||
|investment in associate and joint|||
|venture|||
|Other income|||
|II. Operating Profit (loss is stated|||
||-3,676,337.20|5,390,573.51|
|with “-“)|||
|Plus: Non-operating income|900.00|4,000.00|
|Including: Profit from|||
|disposal of non-current assets|||
|Less: Non-operating|||
||338,275.82||
|expenses|||
|Including: Loss from|||
||38,246.82||
|disposal of non-current assets|||
|III. Total profit (total loss is stated|||
||-4,013,713.02|5,394,573.51|
|with “-“)|||
|Less: Income tax expense|-1,041,658.25|1,122,895.86|
|IV. Net Profit (net loss is stated with|||
||-2,972,054.77|4,271,677.65|
|“-“)|||
|V. Net of other comprehensive|||
|income after tax|||
|(I) Other comprehensive|||
|income which cannot be|||
|re-classified into the gain and loss|||
|1. Movement of the net|||
|liabilities and net assets|||
|re-measured for setting the|||
|beneficial plan|||
|2. Share enjoyable in|||
|the other comprehensive income in|||
|which the investee cannot be|||
|re-classified into the gain and loss|||
|under the equity method|||
|(II) Other comprehensive|||
|income which cannot be|||
|re-classified into the gain and loss in|||

FIYTA HOLDINGS LTD. 2017 Third Quarterly Report, Full Text
||||
|-|-|-|
|future|||
|1. Share enjoyable in|||
|the other comprehensive income in|||
|which the investee cannot be|||
|re-classified into the gain and loss|||
|under the equity method in future|||
|2. Gain/loss from|||
|change in the fair value of the|||
|financial assets available for sale|||
|3. Gain/loss from which|||
|the held-to-maturity investment is|||
|re-classified as available-for-sale|||
|financial assets|||
|4. Valid part of the|||
|gain/loss from cash flow hedge|||
|5. Converted difference|||
|in Foreign Currency Statements|||
|6. Others|||
|VI. Total comprehensive income|-2,972,054.77|4,271,677.65|
|VII. Earnings per share:|||
|(I) Basic earnings per share|-0.0067|0.0097|
|(II) Diluted earnings per share|-0.0067|0.0097|

 Legal representative: Huang Yongfeng Chief Financial Officer: Chen Zhuo Person in charge of the Accounting Department: Tian Hui
5. Consolidated Statement of Profit from Year Beginning to the End of the Reporting Period In CNY
||||
|-|-|-|
|Items|Amount incurred in the reporting period|Amount incurred in the previous period|
|I. Gross Revenue|2,475,654,661.61|2,234,135,318.36|
|Including: revenue|2,475,654,661.61|2,234,135,318.36|
|Interest income|||
|Earned premium|||
|Service charge and|||
|commission income|||
|II. Total operating cost|2,300,032,696.40|2,095,795,948.68|
|Including: operating costs|1,454,271,556.22|1,319,761,817.34|
|Interest payment|||
|Service charge and|||
|commission payment|||
|Refunded premiums|||
|Compensation pay-out,|||
|net|||

FIYTA HOLDINGS LTD. 2017 Third Quarterly Report, Full Text
||||
|-|-|-|
|Net amount of reserves|||
|for reinsurance contract|||
|Policy dividend|||
|payment|||
|Reinsurance expenses|||
|Taxes and surcharges|23,143,533.79|19,709,073.59|
|Sales costs|599,372,662.99|560,297,890.37|
|Administrative|||
||163,067,230.32|141,317,767.23|
|expenses|||
|Financial expenses|38,977,967.39|51,358,824.77|
|Loss from impairment of|||
||21,199,745.69|3,350,575.38|
|assets|||
|Add: Income from change of|||
|fair value (loss is stated with “-“)|||
|Investment income (loss|||
||188,871.89|172.19|
|is stated with “-“)|||
|Including: return on|||
|investment in associate and joint|188,871.89|172.19|
|venture|||
|Exchange income (loss is|||
|stated with “-“)|||
|Other income|||
|III. Operating Profit (loss is stated|||
||175,810,837.10|138,339,541.87|
|with “-“)|||
|Plus: Non-operating income|2,619,138.60|1,844,404.79|
|Including: Loss from|||
||6,250.55|10,962.91|
|disposal of non-current assets|||
|Less: Non-operating expenses|1,250,661.75|624,872.52|
|Including: Loss from|||
||206,832.10|238,406.66|
|disposal of non-current assets|||
|IV. Total profit (total loss is stated|||
||177,179,313.95|139,559,074.14|
|with “-”)|||
|Less: Income tax expense|41,043,403.06|31,528,361.21|
|V. Net Profit (net loss is stated with|||
||136,135,910.89|108,030,712.93|
|“-“)|||
|Net profit attributable to the|||
||136,548,052.72|108,321,268.16|
|parent company’s owner|||
|Minority shareholders’|||
||-412,141.83|-290,555.23|
|gain/loss|||
|VI. Net of other comprehensive|||
||1,741,879.37|9,198,679.33|
|income after tax|||
|Net of other comprehensive|||
||1,939,829.31|9,106,574.34|
|income after tax attributable to the|||

FIYTA HOLDINGS LTD. 2017 Third Quarterly Report, Full Text
||||
|-|-|-|
|parent company’s owner|||
|(I) Other comprehensive|||
|income which cannot be|||
|re-classified into the gain and loss|||
|1. Movement of the net|||
|liabilities and net assets|||
|re-measured for setting the|||
|beneficial plan|||
|2. Share enjoyable in|||
|the other comprehensive income in|||
|which the investee cannot be|||
|re-classified into the gain and loss|||
|under the equity method|||
|(II) Other comprehensive|||
|income which cannot be|||
||1,939,829.31|9,106,574.34|
|re-classified into the gain and loss in|||
|future|||
|1. Share enjoyable in|||
|the other comprehensive income in|||
|which the investee cannot be|||
|re-classified into the gain and loss|||
|under the equity method in future|||
|2. Gain/loss from|||
|change in the fair value of the|||
|financial assets available for sale|||
|3. Gain/loss from which|||
|the held-to-maturity investment is|||
|re-classified as available-for-sale|||
|financial assets|||
|4. Valid part of the|||
|gain/loss from cash flow hedge|||
|5. Converted difference|||
||1,939,829.31|9,106,574.34|
|in Foreign Currency Statements|||
|6. Others|||
|Net amount of other|||
|comprehensive income after tax|-197,949.94|92,104.99|
|attributable to minority shareholders|||
|VII. Total comprehensive income|137,877,790.26|117,229,392.26|
|Total comprehensive income|||
|attributable to the parent company’s|138,487,882.03|117,427,842.50|
|owner|||
|Total comprehensive income|||
||-610,091.77|-198,450.24|
|attributable to minority shareholders|||
|VIII. Earnings per share:|||

FIYTA HOLDINGS LTD. 2017 Third Quarterly Report, Full Text
||||
|-|-|-|
|(I) Basic earnings per share|0.3112|0.2469|
|(II) Diluted earnings per share|0.3112|0.2469|

 Legal representative: Huang Yongfeng Chief Financial Officer: Chen Zhuo Person in charge of the Accounting Department: Tian Hui
6. Statement of Profit from Year Beginning to the End of the Reporting Period, Parent Company In CNY
||||
|-|-|-|
|Items|Amount incurred in the reporting period|Amount incurred in the previous period|
|I. Revenue|78,617,476.17|73,346,749.19|
|Less: Operating cost|13,233,987.77|10,425,234.15|
|Taxes and surcharges|3,164,461.73|2,202,125.40|
|Sales costs|5,024,222.36||
|11. Administrative|||
||56,117,901.54|40,695,696.32|
|expenses|||
|Financial expenses|8,490,598.99|8,544,259.24|
|Loss from impairment of|||
|assets|||
|Add: Income from change of|||
|fair value (loss is stated with “-“)|||
|Investment income (loss|||
||188,871.89|135,344,832.55|
|is stated with “-“)|||
|Including: return on|||
|investment in associate and joint|188,871.89|172.19|
|venture|||
|Other income|||
|II. Operating Profit (loss is stated|||
||-7,224,824.33|146,824,266.63|
|with “-“)|||
|Plus: Non-operating income|790,779.89|116,119.88|
|Including: Loss from|||
|disposal of non-current assets|||
|Less: Non-operating expenses|358,275.82|300,000.00|
|Including: Loss from|||
||38,246.82||
|disposal of non-current assets|||
|III. Total profit (total loss is stated|||
||-6,792,320.26|146,640,386.51|
|with “-“)|||
|Less: Income tax expense|-2,829,509.08|2,045,098.08|
|IV. Net Profit (net loss is stated with|||
||-3,962,811.18|144,595,288.43|
|“-“)|||
|V. Net of other comprehensive|||
|income after tax|||
|(I) Other comprehensive|||
|income which cannot be|||

FIYTA HOLDINGS LTD. 2017 Third Quarterly Report, Full Text
||||
|-|-|-|
|re-classified into the gain and loss|||
|1. Movement of the net|||
|liabilities and net assets|||
|re-measured for setting the|||
|beneficial plan|||
|2. Share enjoyable in|||
|the other comprehensive income in|||
|which the investee cannot be|||
|re-classified into the gain and loss|||
|under the equity method|||
|(II) Other comprehensive|||
|income which cannot be|||
|re-classified into the gain and loss in|||
|future|||
|1. Share enjoyable in|||
|the other comprehensive income in|||
|which the investee cannot be|||
|re-classified into the gain and loss|||
|under the equity method in future|||
|2. Gain/loss from|||
|change in the fair value of the|||
|financial assets available for sale|||
|3. Gain/loss from which|||
|the held-to-maturity investment is|||
|re-classified as available-for-sale|||
|financial assets|||
|4. Valid part of the|||
|gain/loss from cash flow hedge|||
|5. Converted difference|||
|in Foreign Currency Statements|||
|6. Others|||
|VI. Total comprehensive income|-3,962,811.18|144,595,288.43|
|VII. Earnings per share:|||
|(I) Basic earnings per share|-0.0090|0.3296|
|(II) Diluted earnings per share|-0.0090|0.3296|

 Legal representative: Huang Yongfeng Chief Financial Officer: Chen Zhuo Person in charge of the Accounting Department: Tian Hui
7. Consolidated Cash Flow Statement from Year Beginning to the End of the Reporting Period
In CNY
||||
|-|-|-|
|Items|Amount incurred in the reporting period|Amount incurred in the previous period|
|I. Net cash flows arising from|||

FIYTA HOLDINGS LTD. 2017 Third Quarterly Report, Full Text
||||
|-|-|-|
|operating activities:|||
|Cash received from sales of|||
||2,792,775,081.25|2,507,629,254.14|
|goods and supply of labor service|||
|Net increase of customers’|||
|deposit and due from banks|||
|Net increase of borrowings|||
|from the central bank|||
|Net increase of borrowings|||
|from other financial institutions|||
|Cash received from the|||
|premium of the original insurance|||
|contract|||
|Net cash received from the|||
|reinsurance business|||
|Net increase of the reserve|||
|from policy holders and investment|||
|Net increase of the financial|||
|assets that are measured at fair|||
|value and whose movement is|||
|counted to the current gain and loss.|||
|Cash received from interest,|||
|service charge and commission|||
|Net increase of loan from other|||
|banks|||
|Net increase of fund from|||
|repurchase business|||
|Rebated taxes received|863,877.72|69,388.94|
|Other operation activity related|||
||24,629,308.80|19,567,411.30|
|cash receipts|||
|Subtotal of cash flow in from|||
||2,818,268,267.77|2,527,266,054.38|
|operating activity|||
|Cash paid for purchase of|||
|goods and reception of labor|1,544,513,523.88|1,419,582,686.24|
|services|||
|Net increase of loans and|||
|advances to customers|||
|Net increase of due from|||
|central bank and due from banks|||
|Cash from payment for|||
|settlement of the original insurance|||
|contract|||
|Cash paid for interest, service|||
|charge and commission|||
|Cash for payment of policy|||

FIYTA HOLDINGS LTD. 2017 Third Quarterly Report, Full Text
||||
|-|-|-|
|dividend|||
|Cash paid to and for staff|387,000,554.27|367,327,625.94|
|Taxes paid|200,395,453.26|203,953,164.01|
|Other business activity related|||
||323,042,776.87|245,361,546.12|
|cash payments|||
|Subtotal of cash flow out from|||
||2,454,952,308.28|2,236,225,022.31|
|operating activity|||
|Net cash flow arising from operating|||
||363,315,959.49|291,041,032.07|
|activities|||
|II. Cash flows arising from|||
|investment activities:|||
|Cash received from recovery|||
|of investment|||
|Cash received from|||
|||383,750.00|
|investment income|||
|Net cash received from|||
|disposal of fixed assets, intangible|1,167,247.92|4,142,748.05|
|assets and other long-term assets|||
|Net cash received from|||
|disposal of subsidiaries and other|||
|operating units|||
|Other investment related cash|||
|receipts|||
|Subtotal of cash flow in from|||
||1,167,247.92|4,526,498.05|
|investment activity|||
|Cash paid for|||
|construction/purchase of fixed|||
||85,209,670.21|134,423,973.14|
|assets, intangible assets and other|||
|long term assets|||
|Cash paid for investment|||
|Net increase of the pledged|||
|loan|||
|Net cash paid for acquisition of|||
|subsidiaries and other operation|||
|units|||
|Other investment related cash|||
|payments|||
|Subtotal of cash flow out from|||
||85,209,670.21|134,423,973.14|
|investment activity|||
|Net cash flow arising from|||
||-84,042,422.29|-129,897,475.09|
|investment activities|||
|III. Cash flows arising from fund|||
|raising activities:|||
|Cash received from absorbing|||

FIYTA HOLDINGS LTD. 2017 Third Quarterly Report, Full Text
||||
|-|-|-|
|investment|||
|Incl.: Cash received from the|||
|subsidiaries’ absorption of minority|||
|shareholders’ investment|||
|Cash received from loans|495,432,500.00|865,749,959.13|
|Cash received from bond|||
|issuing|||
|Other fund-raising related cash|||
|receipts|||
|Subtotal of cash flow in from fund|||
||495,432,500.00|865,749,959.13|
|raising activity|||
|Cash paid for debt repayment|841,720,370.72|1,079,796,531.30|
|Cash paid for dividend/profit|||
||76,460,575.01|107,561,341.89|
|distribution or repayment of interest|||
|Including: Dividend and profit|||
|paid by the subsidiaries to minority|||
|shareholders|||
|Cash paid for other financing|||
|||992,669.19|
|activities|||
|Sub-total cash flow paid for|||
||918,180,945.73|1,188,350,542.38|
|financing activities|||
|Net cash flow arising from financing|||
||-422,748,445.73|-322,600,583.25|
|activities|||
|IV. Change of exchange rate|||
|influencing the cash and cash|-2,027,482.12|518,775.56|
|equivalent|||
|V. Net increase of cash and cash|||
||-145,502,390.65|-160,938,250.71|
|equivalents|||
|Plus: Opening balance of cash|||
||427,227,755.81|637,387,875.93|
|and cash equivalents|||
|VI. Ending balance of cash and cash|||
||281,725,365.16|476,449,625.22|
|equivalents|||

Legal representative: Huang Yongfeng Chief Financial Officer: Chen Zhuo Person in charge of the Accounting Department: Tian Hui
8. Consolidated Cash Flow Statement from Year Beginning to the End of the Reporting Period, Parent Company
In CNY
||||
|-|-|-|
|Items|Amount incurred in the reporting period|Amount incurred in the previous period|
|I. Net cash flows arising from|||
|operating activities:|||
|Cash received from sales of|83,065,809.42|73,576,715.84|

FIYTA HOLDINGS LTD. 2017 Third Quarterly Report, Full Text
||||
|-|-|-|
|goods and supply of labor service|||
|Rebated taxes received||62,967.65|
|Other operation activity related|||
||371,702,310.58|271,951,706.92|
|cash receipts|||
|Subtotal of cash flow in from|||
||454,768,120.00|345,591,390.41|
|operating activity|||
|Cash paid for purchase of|||
|goods and reception of labor|||
|services|||
|Cash paid to and for staff|42,393,494.11|42,004,181.00|
|Taxes paid|7,632,305.47|6,559,453.04|
|Other business activity related|||
||19,722,463.57|13,579,640.33|
|cash payments|||
|Subtotal of cash flow out from|||
||69,748,263.15|62,143,274.37|
|operating activity|||
|Net cash flow arising from operating|||
||385,019,856.85|283,448,116.04|
|activities|||
|II. Cash flows arising from|||
|investment activities:|||
|Cash received from recovery|||
|of investment|||
|Cash received from|||
|||135,728,410.36|
|investment income|||
|Net cash received from|||
|disposal of fixed assets, intangible|25,600.00||
|assets and other long-term assets|||
|Net cash received from|||
|disposal of subsidiaries and other|||
|operating units|||
|Other investment related cash|||
|receipts|||
|Subtotal of cash flow in from|||
||25,600.00|135,728,410.36|
|investment activity|||
|Cash paid for|||
|construction/purchase of fixed|||
||35,452,627.12|71,305,141.81|
|assets, intangible assets and other|||
|long term assets|||
|Cash paid for investment||442,270,000.00|
|Net cash paid for acquisition of|||
|subsidiaries and other operation|38,927,328.35||
|units|||
|Other investment related cash|||
|payments|||
|Subtotal of cash flow out from|74,379,955.47|513,575,141.81|

FIYTA HOLDINGS LTD. 2017 Third Quarterly Report, Full Text
||||
|-|-|-|
|investment activity|||
|Net cash flow arising from|||
||-74,354,355.47|-377,846,731.45|
|investment activities|||
|III. Cash flows arising from fund|||
|raising activities:|||
|Cash received from absorbing|||
|investment|||
|Cash received from loans|460,000,000.00|731,500,000.00|
|Cash received from bond|||
|issuing|||
|Other fund-raising related cash|||
|receipts|||
|Subtotal of cash flow in from fund|||
||460,000,000.00|731,500,000.00|
|raising activity|||
|Cash paid for debt repayment|754,000,000.00|790,000,000.00|
|Cash paid for dividend/profit|||
||71,662,219.12|96,961,707.75|
|distribution or repayment of interest|||
|Cash paid for other financing|||
|||992,669.19|
|activities|||
|Sub-total cash flow paid for|||
||825,662,219.12|887,954,376.94|
|financing activities|||
|Net cash flow arising from financing|||
||-365,662,219.12|-156,454,376.94|
|activities|||
|IV. Change of exchange rate|||
|influencing the cash and cash|-76,689.78||
|equivalent|||
|V. Net increase of cash and cash|||
||-55,073,407.52|-250,852,992.35|
|equivalents|||
|Plus: Opening balance of cash|||
||269,372,926.47|512,294,824.81|
|and cash equivalents|||
|VI. Ending balance of cash and cash|||
||214,299,518.95|261,441,832.46|
|equivalents|||

Legal representative: Huang Yongfeng Chief Financial Officer: Chen Zhuo Person in charge of the Accounting Department: Tian Hui
II.Auditors’ Report
Has the Third Quarterly Report been Audited
No