THIRD QUARTER REPORT 2016
October 2016
BOE Technology Group Co., Ltd. Third Quarter Report 2016 Section I Important Statements
The Board of Directors, the Supervisory Committee, directors, supervisors and senior management staff of BOE Technology Group Co., Ltd. (hereinafter referred to as “the Company”) warrant that the contents carried in this report are without any false record, misleading statement or material omission. And they shall be severally and jointly liable for the authenticity, accuracy and completeness.
All the directors attended the board meeting for the review of this Report.
Mr. Wang Dongsheng, Board Chairman, Mr. Chen Yanshun, President of the Executive Committee (CEO), Ms. Sun Yun, accounting head for the Report, and Ms. Yang Xiaoping, head of the accounting organ (head of accounting), hereby guarantee that the Financial Report carried in the Report is factual, accurate and complete. This Report has been prepared in both Chinese and English. Should there be any discrepancies or misunderstandings between the two versions, the Chinese version shall prevail.
BOE Technology Group Co., Ltd. Third Quarter Report 2016 Section II Financial Highlights& Shareholder Changes
I Highlights of accounting data and financial indicators
Whether the Company performs any retroactive adjustments to or restatements of its accounting data of last year due to change in accounting policies or correction of accounting errors
□ Yes√ No
||||||||
|-|-|-|-|-|-|-|
|Item|30 September 2016||31 December 2015||+/- (%)||
|Total assets (RMB Yuan)|175,175,152,927.00||152,592,894,442.00||14.80%||
|Net assets attributable to shareholders of the|77,142,699,064.00||77,485,275,564.00||||
||||||-0.44%||
|Company (RMB Yuan)|||||||
|||||January-September|||
|Item|July-September 2016|YoY +/- (%)||||YoY +/- (%)|
|||||2016|||
|Operating revenues (RMB Yuan)|19,393,595,018.00|44.19%||45,841,905,735.00||25.87%|
|Net profit attributable to shareholders of the|657,140,380.00|||140,667,962.00|||
|||1494.35%||||-92.94%|
|Company (RMB Yuan)|||||||
|Net profit attributable to shareholders of the|||||||
||509,396,071.00|403.10%||-1,800,301,317.00||-227.83%|
|Company excluding exceptional profit and|||||||
|loss (RMB Yuan)|||||||
|Net cash flows from operating activities||||6,548,148,538.00|||
||--|--||||-16.41%|
|(RMB Yuan)|||||||
|Basic earnings per share (RMB Yuan /share)|0.019|1,800.00%||0.004||-92.98%|
|Diluted earnings per share (RMB Yuan /share)|0.019|1,800.00%||0.004||-92.98%|
|Weighted average return on equity|0.85%|0.80%||0.18%||-2.41%|

 Unit: RMB Yuan
||||
|-|-|-|
|Item|January-September 2016|Note|
|Gains/losses on the disposal of non-current assets (including the offset part of asset|||
||-2,753,840.00|N/A|
|impairment provisions)|||
|Tax rebates, reductions or exemptions due to approval beyond authority or the lack|||
||0.00|N/A|
|of official approval documents|||
|Government grants recognized in the current period, except for those acquired in|||
|the ordinary course of business or granted at certain quotas or amounts according to|1,791,803,165.00|N/A|
|the country’s unified standards|||
|Capital occupation charges on non-financial enterprises that recorded into current|||
||0.00|N/A|
|gains and losses|||
|Gains due to that the investment costs for the Company to obtain subsidiaries,|||
|associates and joint ventures are lower than the enjoyable fair value of the|105,228,293.00|N/A|
|identifiable net assets of the investees when making the investments|||

BOE Technology Group Co., Ltd. Third Quarter Report 2016
||||
|-|-|-|
|Gain/loss on non-monetary asset swap|0.00|N/A|
|Gain/loss on entrusting others with investments or asset management|0.00|N/A|
|Asset impairment provisions due to acts of God such as natural disasters|0.00|N/A|
|Gain/loss on debt restructuring|0.00|N/A|
|Expenses for business reorganization, such as expenses for staffing, reorganization|||
||0.00|N/A|
|etc.|||
|Gain/loss on the part over the fair value due to transactions with distinctly unfair|||
||0.00|N/A|
|prices|||
|Current gains and losses of subsidies acquired from business combination under the|||
||0.00|N/A|
|same control as from period-begin to combination date|||
|Gain/loss on contingent events irrelevant to the Company’s normal business|0.00|N/A|
|Gains and losses on change in fair value from tradable financial assets and tradable|||
|financial liabilities, as well as investment income from disposal of tradable|||
||131,735,488.00|N/A|
|financial assets and tradable financial liabilities and financial assets available for|||
|sales, except for effective hedging related with normal businesses of the Company|||
|Reversal of impairment provisions for the accounts receivable on which impairment|||
||0.00|N/A|
|tests were carried out separately|||
|Gain/loss on external entrustment loans|0.00|N/A|
|Gain/loss on change of the fair value of investing real estate of which the|||
||0.00|N/A|
|subsequent measurement is carried out adopting the fair value method|||
|Effect on current gains/losses when a one-off adjustment is made to current|||
|gains/losses according to requirements of taxation, accounting and other relevant|0.00|N/A|
|laws and regulations|||
|Custody fee income when entrusted with operation|0.00|N/A|
|Non-operating incomes and expenses other than the above|24,651,172.00|N/A|
|Other gain/loss items that meet the definition of an extraordinary gain/loss|0.00|N/A|
|Less: Income tax effects|79,626,752.00|N/A|
|Minority interests effects (after tax)|30,068,247.00|N/A|
|Total|1,940,969,279.00|--|

 Explanation of why the Company classified an item as exceptional profit/loss according to the definition in the Explanatory Announcement No. 1 on Information Disclosure for Companies Offering Their Securities to thePublic—Exceptional Profit and Loss, or reclassified any exceptional profit/loss item given as an example in the said explanatory announcement to recurrent profit/loss□ Applicable√ Not applicable
No such cases in the Reporting Period.
BOE Technology Group Co., Ltd. Third Quarter Report 2016 II Total number of shareholders and shareholdings of top 10 shareholders at the period-end 1. Total number of ordinary shareholders and preference shareholders who had resumed their voting right& shareholdings of top 10 shareholders at the period-end
Unit: share
||||||||||
|-|-|-|-|-|-|-|-|-|
||||||Total number of preference||||
|Total number of ordinary||1,305,144 (Of which there were|||||||
||||||shareholders who had resumed||||
|shareholders at the end of the||1,258,749 Share A shareholders|||||0||
||||||their voting right at the end of||||
|Reporting Period||and 46,395 Share B shareholders)|||||||
||||||the Reporting Period (if any)||||
|Shareholdings of top 10 shareholders|||||||||
||Nature of||Shareholding|Number of||Number of restricted|Pledged or frozen shares||
|Name of shareholder|||||||||
||shareholder||percentage|shares held||shares held|Status|Number|
|Beijing State-ownedCapital ManagementCenter|State-ownedCorporation||11.56%|4,063,333,333||4,063,333,333|||
|Chongqing CapitalPhotoelectricityInvestment Co., Ltd.|State-ownedCorporation||8.53%|3,000,000,000||3,000,000,000|||
||||||||Pledged|955,000,000|
|Hefei JianxiangInvestment Co., Ltd.|State-ownedCorporation||8.13%|2,857,142,857||2,857,142,857|||
|Hua An Fund – ICBC- ZhongrongInternational Trust –Zhongrong - RJ No. 1Assembled FundsTrust Plan|Other||4.45%|1,564,126,904||0|||
|China SecuritiesFinance CorporationLimited|Other||2.74%|963,281,982||0|||
|Beijing BOEInvestment &Development Co., Ltd.|State-ownedCorporation||2.34%|822,092,180||0|||
|BeijingEconomic-Technological Investment &Development Corp.|State-ownedCorporation||1.93%|677,423,641||0|||
|Hefei Raycom ProjectsInvestment Co., Ltd.|State-ownedCorporation||1.92%|675,026,803||0|||
|Beijing BDATechnological|Other||1.60%|564,000,000||0|||

BOE Technology Group Co., Ltd. Third Quarter Report 2016
|||||||||
|-|-|-|-|-|-|-|-|
|InvestmentDevelopment Co., Ltd.||||||||
|Beijing ElectronicsHoldings Co., Ltd.|Nation|0.78%||273,735,583|0|||
|Shareholdings of top 10 non-restricted shareholders||||||||
||||Number of non-restricted shares held at|||Type of shares||
|Name of shareholder||||||||
||||the period-end|||Type|Number|
|Hua An Fund - ICBC - Zhongrong International Trust- Zhongrong - RJ No. 1 Assembled Funds Trust Plan|||1,564,126,904|||RMB ordinary||
||||||||1,564,126,904|
|||||||shares||
|China Securities Finance Corporation Limited|||963,281,982|||RMB ordinary||
||||||||963,281,982|
|||||||shares||
|Beijing BOE Investment & Development Co., Ltd.|||822,092,180|||RMB ordinary||
||||||||822,092,180|
|||||||shares||
|Beijing Economic-Technological Investment &Development Corp.|||677,423,641|||RMB ordinary||
||||||||677,423,641|
|||||||shares||
|Hefei Raycom Projects Investment Co., Ltd.|||675,026,803|||RMB ordinary||
||||||||675,026,803|
|||||||shares||
|Beijing BDA Technological Investment DevelopmentCo., Ltd.|||564,000,000|||RMB ordinary||
||||||||564,000,000|
|||||||shares||
|Beijing Electronics Holdings Co., Ltd.|||273,735,583|||RMB ordinary||
||||||||273,735,583|
|||||||shares||
|Central Huijin Investment Ltd.|||248,305,300|||RMB ordinary||
||||||||248,305,300|
|||||||shares||
|China Life Insurance Co., Ltd. – Traditional - GeneralInsurance Products - 005L- CT001S|||143,320,047|||RMB ordinary||
||||||||143,320,047|
|||||||shares||
|Chongqing Jiangbeizui CBD Investment Group Co.,Ltd.|||107,095,238|||RMB ordinary||
||||||||107,095,238|
|||||||shares||
||||1. Beijing State-owned Capital Management Center held 100% equities of|||||
||||Beijing Electronics Holdings Co., Ltd..|||||
||||2. Beijing Electronics Holdings Co., Ltd. held 66.25% shares of Beijing|||||
||||BOE Investment & Development Co., Ltd., which was the controlling|||||
||||shareholder of the latter.|||||
|Explanation on associated relationship or persons||||||||
||||3. Beijing Economic-Technological Investment & Development Corp. held|||||
|acting in concert among the above-mentioned||||||||
||||49% shares of Beijing BDA Technological Investment Development Co.,|||||
|shareholders||||||||
||||Ltd., the above mentioned companies were both controlled by the Beijing|||||
||||Economic - Technological Development Area Administration Committee|||||
||||and were the persons acting in concert.|||||
||||4. When the Company completed private offering of shares in 2014, Hefei|||||
||||Jianxiang Investment Co., Ltd., Chongqing Ezcapital Opto-electronics|||||

BOE Technology Group Co., Ltd. Third Quarter Report 2016
||
|-|
|Industry Investment Co., Ltd. maintained unanimous according to the|
|declaration of intention from Beijing BOE Investment & Development Co.,|
|Ltd. when executing the voting rights of the shareholders of the Company|
|through the agreement of the Voting Rights Exercising Agreement|
|5. When the Company completed private offering of shares in 2014, Beijing|
|State-owned Capital Operation and Management Center transferred the 70%|
|shares directly held to Beijing Electronic Shareholding Co., Ltd. for|
|managing through Shares Management Protocol, and Beijing Electronic|
|Shareholding Co., Ltd. acquired the shareholders rights except for the|
|disposition rights and equity rights attached to the equities; Beijing|
|State-owned Capital Operation and Management Center maintained its|
|voting rights of the rest 30% equity directly held by itself in accordance|
|with Beijing Electronic Shareholding Co., Ltd. through the agreement of the|
|Voting Rights Exercising Agreement.|
|6. Chongqing Jiangbeizui CBD Investment Group Co., Ltd. held 12.25%|
|equities of Chongqing Capital Photoelectricity Investment Co., Ltd. without|
|being its controlling shareholder that was not the person acting in concert.|
|7. Except for relationship among the above shareholders, the Company is|
|not aware of whether the other top ten shareholders exist associated|
|relationship or not, or they are persons acting in concert or not.|

Did any of the top 10 ordinary shareholders or the top 10 non-restricted ordinary shareholders of the Company conduct any promissory repo during the Reporting Period?
□ Yea√ No
No such cases in the Reporting Period.
2. Total number of preference shareholders and shareholdings of the top 10 of them at the period-end□ Applicable√ Not applicable
BOE Technology Group Co., Ltd. Third Quarter Report 2016 Section III Significant Events
I Changes in main accounting statement items and financial indicators in the Reporting Period, as well as reasons for the changes
√ Applicable□ Not applicable
Unit: RMB Yuan
|||||||||
|-|-|-|-|-|-|-|-|
|||||Period-beginning/||||
|||Period-end/ Current||||||
|Item||||Same period of last|+/- (%)||Main reason for change|
|||period||||||
|||||year||||
|Notes receivable|1,219,908,043.00||362,053,092.00|||Notes were adopted more often insettlement.||
||||||237%|||
|Accounts|13,672,569,024.00||8,192,514,361.00|||The sales revenue increased.||
||||||67%|||
|receivable||||||||
|Long-term equity|2,002,226,109.00||1,260,302,959.00|||New investments||
||||||59%|||
|investments||||||||
|Short-term|1,508,353,191.00||5,091,974,830.00|||Some bank loans were repaid.||
||||||-70%|||
|borrowings||||||||
|Accounts paid in||||||Advances to suppliers increased.||
|||593,145,184.00||226,447,504.00|162%|||
|advance||||||||
|Accounts received||||||Advances from customers increased.||
|||629,706,242.00||386,538,903.00|63%|||
|in advance||||||||
|Other non-current||||||Prepayments for engineering andequipment increased.||
|||5,730,110,656.00||347,851,674.00|1547%|||
|assets||||||||
|Accounts payable||||||Procurement increased as the Companywas expanding.||
|||13,616,736,221.00||9,849,935,031.00|38%|||
|Non-current||||||Some long-term borrowings became duewithin one year.||
|liabilities due||3,737,502,774.00||2,283,535,113.00|64%|||
|within one year||||||||
|Operating costs|39,817,142,861.00||28,386,284,793.00|||The sales increased.||
||||||40%|||
|Finance costs|1,840,072,506.00||1,049,846,691.00|||Increase in exchange loss and expensedinterest||
||||||75%|||
|Non-operating||||||Increase in government subsidy||
|||1,933,773,186.00||655,288,420.00|195%|||
|revenue||||||||

BOE Technology Group Co., Ltd. Third Quarter Report 2016
||||||
|-|-|-|-|-|
|Corporate income|||||
|||||Decrease in earnings of the display device|
||||-76%||
|tax|||||
|||||division as a result of the market decline|
|Net cash flows|11,139,226,214.00|3,467,008,440.00|||
|||||A cash inflow due to the arrival of the|
|from financing|||221%||
|||||funds raised through corporate bonds|
|activities|||||
|Net increase in cash|321,154,728.00|-3,886,230,683.00|||
|||||A cash inflow due to the arrival of the|
|and cash|||108%||
|||||funds raised through corporate bonds|
|equivalents|||||

II Progress on significant events, as well as the influence and solutions
√ Applicable□ Not applicable
1.The Company disclosed the Announcement on the Resolution of the 3rd Session of the 8th Board of Directors on 28 July 2016 (Announcement No.: 2016-054), which approved the Proposal on the Capital Increase for Beijing BOE Energy Technology Co., Ltd. and the Company planned to increase the capital of Beijing BOE Energy Technology Co., Ltd. of RMB 0.8 billion Yuan by the self-owned funds for the investment on the ground construction/distributed photovoltaic power station projects with the specific information on the Announcement on the Capital Increase for Beijing BOE Energy Technology Co., Ltd. disclosed on 28 July 2016 (Announcement No.: 2016-055).
2.The Company disclosed the Announcement on the Resolution of the 3rd Session of the 8th Board of Directors on 28 July 2016 (Announcement No.: 2016-054), which approved the Proposal on Investment Adjustment to Generation 10.5 TFT-LCD Production Line Project and the Company planned to change the registered capital structure, the way of contribution and the arrival progress of the registered capital of the project with the specific information on the Announcement on Investment Adjustment to Generation 10.5 TFT-LCD Production Line Project disclosed on 28 July 2016 (Announcement No.: 2016-056).
3.On 15 July 2016, the Company disclosed the Preplan of Repurchasing Part of the Social Public Shares of the Company, which had been reviewed and approved by the 2016 3rd Exordinary General Meeting. On 20 September, the Company executed the reppurshase of part of the social public shares in the first time and up to 30 September, the Company accumulatively repurchased 21,129,700 shares of the Share A, with the specific information on the Announcement on the Progress of Repurchasing Part of the Social Public Shares disclosed on 11 October (Announcement No.: 2016-069).
4. On 20 August 2016, the Company disclosued the Announcement on the Resolution of the 2016 3rd Extraordinary General Meeting (Announcement No.: 2016-060), which elected Mr. Li Xuan as the Independent Director of the 8th Board of Directors of the Company.
||||
|-|-|-|
|||Index of the interim report|
|Summary of the significant events|Disclosure date||
|||disclosure website|
|Announcement on Participating the Share Offering of ZhejiangShengyang Technology Co., Ltd. and the Assets PurchasingProjects by Cash|||
||20 Sep. 2016|www.cninfo.com.cn|
|Announcement on the Voluntarily Information Disclosure onSigning the Development Financial Cooperation Agreement|||
||28 Sep. 2016|www.cninfo.com.cn|

BOE Technology Group Co., Ltd. Third Quarter Report 2016 III Commitments of the Company, its shareholders, actual controller, acquirer, directors, supervisors, senior management or other related parties fulfilled in the Reporting Period or ongoing at the period-end
√ Applicable□ Not applicable
||||||||
|-|-|-|-|-|-|-|
|||Type of||Date of commitment|Term of||
|Commitment|Commitment maker||Contents|||Fulfillment|
|||commitment||making|commitment||
|Commitments made in share|||||||
||N/A||||||
|reform|||||||
|Commitments made in|||||||
|acquisition documents or|||||||
||N/A||||||
|shareholding alteration|||||||
|documents|||||||
|Commitments made in time of|||||||
||N/A||||||
|asset restructuring|||||||
||Beijing State-owned Capital||||||
||Operation and Management||The shares acquired from this subscription||||
||Center, Hefei Jianxiang|Commitment|shall not be transferred within 36 months||||
||Investment Co., Ltd.,|concerning|from the first trading date of these newly|8 Apr. 2014|36 months|In execution|
|Commitments made in time of|Chongqing Capital|restricted shares|increased shares in the private placement by||||
|IPO or refinancing|Photoelectricity Investment Co.,||the issuer.||||
||Ltd.||||||
|||Commitment|Voluntarily committed to lock up the whole||||
||Hefei Raycom Projects||||||
|||concerning|held shares of the Company of 24 months|9 Jan. 2014|24 months|Fulfilled|
||Investment Co., Ltd.||||||
|||restricted shares|since 9 January 2014.||||
|Commitments concerning stock|||||||
||N/A||||||
|ownership incentive|||||||
|Other commitments made to|Beijing Electronics Holdings|Commitment|Committed not to decrease the shareholding||||
|||||31 Jul. 2015|6 months|Fulfilled|
|minority shareholders|Co., Ltd.|concerning|during the shareholding increase execution||||

BOE Technology Group Co., Ltd. Third Quarter Report 2016
||||||||
|-|-|-|-|-|-|-|
|||others|period and within 6 months after the||||
||||completion of the execution of 231,700||||
||||unrestricted RMB ordinary shares increased||||
||||by the directional asset plan.||||
||||Committed not to decrease the shareholding||||
||||during the shareholding increase execution||||
|||Commitment|||||
||Beijing BOE Investment||period and within 6 months after the||||
|||concerning||24 Aug, 2015|6 months|Fulfilled|
||Development Co., Ltd.||completion of the execution of||||
|||others|||||
||||6,311,100unrestricted RMB ordinary shares||||
||||increased by the directional asset plan.||||
|||Commitment|Committed not to decrease the shareholding||||
||Whole Directors, Supervisors||||||
|||concerning|of the Company’s shares within the future 6|11 Jul. 2015|6 months|Fulfilled|
||and Senior Executives||||||
|||others|months since 11 July 2015.||||
||Beijing Electronics Holdings||||||
||Co., Ltd., Beijing BOE|Commitment|Committed not to decrease the shareholding||||
||Investment Development Co.,|concerning|of the Company’s shares within the future 6|28 Jan. 2016|6 months|Fulfilled|
||Ltd., Hefei Raycom Projects|others|months since 28 Jan 2016.||||
||Investment Co., ltd.||||||
||Beijing BDA Technological|Commitment|Committed not to decrease the shareholding||||
||Investment Development Co.,|concerning|of the Company’s shares within the future 6|14 Feb. 2016|6 months|Fulfilled|
||Ltd.|others|months since 14 February 2016.||||
|Executed on time|Yes||||||
|Specific reasons for failing to|||||||
|fulfill commitments on time and|N/A||||||
|plans for next step|||||||

BOE Technology Group Co., Ltd. Third Quarter Report 2016 IV Performance forecast for Y2016
Warning of possible loss or considerable YoY change in the accumulative net profit made during the year-beginning to the end of the next reporting period, as well as the reasons□ Applicable√ Not applicable
V Securities investments
√ Applicable□ Not applicable
|||||||||||||
|-|-|-|-|-|-|-|-|-|-|-|-|
|Variety of|Code of|Name of|Initial|Opening|Opening|Closing|Closing||Profit/loss in||Source of|
|||||||||Closing book||Accounting title||
|||||number of|shareholding|number of|shareholding||the Reporting|||
|securities|securities|securities|investment cost|||||value|||securities|
|||||shares held|percentage|shares held|percentage||Period|||
|||TPV||||||||Financial assets||
|Stock|HK00903||134,658,158.00|24,360,191|1.04%|24,360,191|1.04%|28,943,283.00|205,296.00||Subscribe|
|||Technology||||||||available-for-sale||
|||Electronic||||||||Financial assets||
|Stock|SH600658||90,160,428.00|9,819,493|1.69%|9,819,493|1.69%|120,386,984.00|2,641,444.00||Stock-for-stock|
|||Zone||||||||available-for-sale||
|||Bank of||||||||Financial assets||
|Stock|HK01963||120,084,375.00|25,195,000|0.93%|25,195,000|0.93%|137,929,704.00|6,651,480.00||Subscribe|
|||Chongqing||||||||available-for-sale||
|Other securities investment held at the||||||||||||
||||0.00|0|--|0|--|0.00|0.00|--|--|
|period-end||||||||||||
|Total|||344,902,961.00|59,374,684|--|59,374,684|--|287,259,971.00|9,498,220.00|--|--|
|Disclosure date of the board announcement on||||||||||||
||||N/A|||||||||
|approval of the securities investment||||||||||||
|Disclosure date of the general meeting||||||||||||
|announcement on approval of the securities|||N/A|||||||||
|investment (if any)||||||||||||

BOE Technology Group Co., Ltd. Third Quarter Report 2016 VI Investment in derivative financial instruments
□ Applicable√ Not applicable
No such cases in the Reporting Period.
VII Visits paid to the Company for purposes of research, communication, interview, etc. during the Reporting Period
√ Applicable□ Not applicable
|||||
|-|-|-|-|
|Date of visit|Way of visit|Type of visitor|About|
|2016-07-01|Field research|Institution||
|2016-07-01|Teleconference|Institution||
|2016-07-05|Teleconference|Institution||
|2016-07-14|Teleconference|Institution||
||||Main discussion:|
|2016-07-15|Field research|Institution||
||||1. The operating situation, the future|
|2016-07-21|Field research|Institution||
||||development strategy of the Company;|
|2016-09-01|Field research|Institution||
||||2. Industry conditions and development|
|2016-09-02|Field research|Institution|trend;|
|2016-09-02|Field research|Institution|3. Situation of the several production|
||||lines of the Company;|
|2016-09-02|Teleconference|Institution||
|2016-09-07|Field research|Institution||
|2016-09-21|Teleconference|Institution||
|2016-09-21|Field research|Institution||
|2016-09-23|Field research|Institution||

Note: 59 institutions paid 14 visits in total to the Company during the Reporting Period for the purpose of research.
VIII Illegal provision of guarantees for external parties
□ Applicable√ Not applicable
No such cases in the Reporting Period.
IX Occupation of theCompany’s funds for non-operating purposes by the controlling shareholder and its related parties
□ Applicable√ Not applicable
No such cases in the Reporting Period.
BOE Technology Group Co., Ltd. Third Quarter Report 2016 Section IV Financial Statements
I Financial statements
1. Consolidated balance sheet
Prepared by BOE Technology Group Co., Ltd.
Unit: RMB Yuan
||||
|-|-|-|
|Item|Closing balance|Opening balance|
|Current assets:|||
|Monetary funds|41,018,466,851.00|38,866,861,836.00|
|Settlement reserves|0.00|0.00|
|Lendings to banks and other financial institutions|0.00|0.00|
|Financial assets measured at fair value with fair value changes|||
||0.00|0.00|
|included in the profit and loss for the Reporting Period|||
|Derivative financial assets|0.00|0.00|
|Notes receivable|1,219,908,043.00|362,053,092.00|
|Accounts receivable|13,672,569,024.00|8,192,514,361.00|
|Accounts paid in advance|593,145,184.00|226,447,504.00|
|Premiums receivable|0.00|0.00|
|Reinsurance premiums receivable|0.00|0.00|
|Receivable reinsurance contract reserves|0.00|0.00|
|Interest receivable|95,871,850.00|194,518,278.00|
|Dividends receivable|0.00|0.00|
|Other accounts receivable|677,705,782.00|593,329,847.00|
|Financial assets purchased under agreement to resell|0.00|0.00|
|Inventories|7,833,058,021.00|6,609,406,228.00|
|Assets held for sale|0.00|0.00|
|Non-current assets due within one year|63,332,886.00|0.00|
|Other current assets|9,932,689,501.00|8,712,017,517.00|
|Total current assets|75,106,747,142.00|63,757,148,663.00|
|Non-current assets:|||
|Loans and advances to customers|0.00|0.00|
|Available-for-sale financial assets|504,652,648.00|454,096,246.00|

BOE Technology Group Co., Ltd. Third Quarter Report 2016
||||
|-|-|-|
|Held-to-maturity investments|0.00|0.00|
|Long-term accounts receivable|0.00|0.00|
|Long-term equity investments|2,002,226,109.00|1,260,302,959.00|
|Investment property|1,200,134,259.00|1,227,099,427.00|
|Fixed assets|71,552,996,994.00|63,565,099,405.00|
|Construction in progress|15,578,683,089.00|18,645,461,692.00|
|Engineering materials|0.00|0.00|
|Disposal of fixed assets|0.00|0.00|
|Productive living assets|0.00|0.00|
|Oil-gas assets|0.00|0.00|
|Intangible assets|2,864,508,290.00|2,679,239,255.00|
|R&D expense|0.00|0.00|
|Goodwill|197,963,688.00|197,963,688.00|
|Long-term deferred expenses|336,456,348.00|341,526,213.00|
|Deferred income tax assets|100,673,704.00|117,105,220.00|
|Other non-current assets|5,730,110,656.00|347,851,674.00|
|Total non-current assets|100,068,405,785.00|88,835,745,779.00|
|Total assets|175,175,152,927.00|152,592,894,442.00|
|Current liabilities:|||
|Short-term borrowings|1,508,353,191.00|5,091,974,830.00|
|Borrowings from the Central Bank|0.00|0.00|
|Money deposits accepted and inter-bank deposits|0.00|0.00|
|Loans from banks and other financial institutions|0.00|0.00|
|Financial liabilities measured at fair value with fair value|||
||0.00|0.00|
|changes included in the profit and loss for the Reporting Period|||
|Derivative financial liabilities|0.00|0.00|
|Notes payable|409,821,485.00|343,277,037.00|
|Accounts payable|13,616,736,221.00|9,849,935,031.00|
|Accounts received in advance|629,706,242.00|386,538,903.00|
|Financial assets sold for repurchase|0.00|0.00|
|Handling charges and commissions payable|0.00|0.00|
|Payroll payable|1,107,290,241.00|1,092,103,138.00|
|Taxes and fares payable|251,848,076.00|224,415,009.00|
|Interest payable|251,667,997.00|348,173,849.00|
|Dividends payable|9,651,170.00|9,651,170.00|

BOE Technology Group Co., Ltd. Third Quarter Report 2016
||||
|-|-|-|
|Other accounts payable|11,322,493,654.00|8,864,929,878.00|
|Reinsurance premiums payable|0.00|0.00|
|Insurance contract reserves|0.00|0.00|
|Payables for acting trading of securities|0.00|0.00|
|Payables for acting underwriting of securities|0.00|0.00|
|Liabilities held for sale|0.00|0.00|
|Non-current liabilities due within one year|3,737,502,774.00|2,283,535,113.00|
|Other current liabilities|476,469,068.00|376,906,959.00|
|Total current liabilities|33,321,540,119.00|28,871,440,917.00|
|Non-current liabilities:|||
|Long-term borrowings|39,984,179,941.00|36,341,198,145.00|
|Bonds payable|9,954,853,649.00|0.00|
|Of which: Preference shares|0.00|0.00|
|Perpetual bonds|0.00|0.00|
|Long-term accounts payable|10,101,807.00|0.00|
|Long-term payroll payable|0.00|0.00|
|Special payables|0.00|0.00|
|Estimated liabilities|16,140,065.00|16,457,010.00|
|Deferred income|1,980,602,331.00|2,406,244,676.00|
|Deferred income tax liabilities|459,784,649.00|435,880,215.00|
|Other non-current liabilities|7,441,855,438.00|6,170,843,660.00|
|Total non-current liabilities|59,847,517,880.00|45,370,623,706.00|
|Total liabilities|93,169,057,999.00|74,242,064,623.00|
|Owners’ equity:|||
|Share capital|35,153,067,743.00|35,153,067,743.00|
|Other equity instruments|0.00|0.00|
|Of which: Preference shares|0.00|0.00|
|Perpetual bonds|0.00|0.00|
|Capital reserves|39,029,109,425.00|39,018,900,467.00|
|Less: Treasury stock|99,980,901.00|0.00|
|Other composite income|48,211,167.00|90,153,009.00|
|Special reserves|0.00|0.00|
|Surplus reserves|592,242,059.00|592,242,059.00|
|Provisions for general risks|0.00|0.00|

BOE Technology Group Co., Ltd. Third Quarter Report 2016
||||
|-|-|-|
|Retained profit|2,420,049,571.00|2,630,912,286.00|
|Total equity attributable to owners of the Company|77,142,699,064.00|77,485,275,564.00|
|Minority interests|4,863,395,864.00|865,554,255.00|
|Total owners’ equity|82,006,094,928.00|78,350,829,819.00|
|Total liabilities and owners’ equity|175,175,152,927.00|152,592,894,442.00|

 Legal representative: Wang Dongsheng Person-in-charge of the accounting work: Sun Yun Chief of the accounting division: Yang Xiaoping
2. Balance sheet of the Company
Unit: RMB Yuan
||||
|-|-|-|
|Item|Closing balance|Opening balance|
|Current Assets:|||
|Monetary funds|3,627,200,664.00|3,327,934,443.00|
|Financial assets measured at fair value with fair value changes|||
||0.00|0.00|
|included in the profit and loss for the Reporting Period|||
|Derivative financial assets|0.00|0.00|
|Notes receivable|100,000.00|0.00|
|Accounts receivable|46,798,800.00|59,397,930.00|
|Accounts paid in advance|8,109,902.00|6,825,464.00|
|Interest receivable|19,493,728.00|52,437,366.00|
|Dividends receivable|160,941,079.00|90,941,079.00|
|Other accounts receivable|2,013,126,044.00|1,281,026,259.00|
|Inventories|11,072,294.00|10,846,799.00|
|Assets held for sale|0.00|0.00|
|Non-current assets due within one year|0.00|0.00|
|Other current assets|114,218,853.00|109,578,393.00|
|Total current assets|6,001,061,364.00|4,938,987,733.00|
|Non-current assets:|||
|Available-for-sale financial assets|168,018,299.00|176,683,497.00|
|Held-to-maturity investments|0.00|0.00|
|Long-term accounts receivable|0.00|0.00|
|Long-term equity investments|90,671,061,150.00|77,551,596,817.00|
|Investment property|165,836,392.00|169,723,827.00|

BOE Technology Group Co., Ltd. Third Quarter Report 2016
||||
|-|-|-|
|Fixed assets|813,056,554.00|846,738,969.00|
|Construction in progress|477,591,204.00|160,409,258.00|
|Engineering materials|0.00|0.00|
|Disposal of fixed assets|0.00|0.00|
|Productive living assets|0.00|0.00|
|Oil-gas assets|0.00|0.00|
|Intangible assets|637,999,005.00|638,764,378.00|
|R&D expense|0.00|0.00|
|Goodwill|0.00|0.00|
|Long-term deferred expenses|103,839,186.00|104,917,711.00|
|Deferred income tax assets|0.00|0.00|
|Other non-current assets|3,277,874,590.00|2,551,631,765.00|
|Total non-current assets|96,315,276,380.00|82,200,466,222.00|
|Total assets|102,316,337,744.00|87,139,453,955.00|
|Current liabilities:|||
|Short-term borrowings|0.00|0.00|
|Financial liabilities measured at fair value with fair value|||
||0.00|0.00|
|changes included in the profit and loss for the Reporting Period|||
|Derivative financial liabilities|0.00|0.00|
|Notes payable|0.00|0.00|
|Accounts payable|19,292,284.00|13,975,839.00|
|Accounts received in advance|344,956,214.00|3,439,149.00|
|Payroll payable|121,779,055.00|111,350,496.00|
|Taxes and fares payable|47,270,547.00|34,371,553.00|
|Interest payable|190,761,430.00|5,091,297.00|
|Dividends payable|6,451,170.00|6,451,170.00|
|Other accounts payable|5,572,952,556.00|7,507,464,657.00|
|Liabilities held for sale|0.00|0.00|
|Non-current liabilities due within one year|670,000,000.00|670,000,000.00|
|Other current liabilities|0.00|0.00|
|Total current liabilities|6,973,463,256.00|8,352,144,161.00|
|Non-current liabilities:|||
|Long-term borrowings|10,937,560,000.00|4,140,720,000.00|
|Bonds payable|9,954,853,649.00|0.00|
|Of which: Preference shares|0.00|0.00|

BOE Technology Group Co., Ltd. Third Quarter Report 2016
||||
|-|-|-|
|Perpetual bonds|0.00|0.00|
|Long-term payables|0.00|0.00|
|Long-term payroll payables|0.00|0.00|
|Special payables|0.00|0.00|
|Estimated liabilities|0.00|0.00|
|Deferred income|157,639,522.00|151,809,223.00|
|Deferred income tax liabilities|832,284.00|0.00|
|Other non-current liabilities|0.00|0.00|
|Total non-current liabilities|21,050,885,455.00|4,292,529,223.00|
|Total liabilities|28,024,348,711.00|12,644,673,384.00|
|Owners’ equity:|||
|Share capital|35,153,067,743.00|35,153,067,743.00|
|Other equity instruments|0.00|0.00|
|Of which: Preference shares|0.00|0.00|
|Perpetual bonds|0.00|0.00|
|Capital reserves|38,153,747,348.00|38,152,869,635.00|
|Less: Treasury stock|99,980,901.00|0.00|
|Other composite income|95,870,937.00|109,786,796.00|
|Special reserves|0.00|0.00|
|Surplus reserves|592,242,059.00|592,242,059.00|
|Retained profit|397,041,847.00|486,814,338.00|
|Total owners’ equity|74,291,989,033.00|74,494,780,571.00|
|Total liabilities and owners’ equity|102,316,337,744.00|87,139,453,955.00|

 3. Consolidated income statement
Unit: RMB Yuan
||||
|-|-|-|
|Item|July-September 2016|July-September 2015|
|1. Operating revenues|19,393,595,018.00|13,449,597,930.00|
|Including: Sales income|19,393,595,018.00|13,449,597,930.00|
|Interest income|0.00|0.00|
|Premium income|0.00|0.00|
|Fee and commission income|0.00|0.00|
|2. Operating costs|18,778,347,229.00|13,627,139,869.00|
|Including: Cost of sales|15,830,051,703.00|10,876,674,345.00|

BOE Technology Group Co., Ltd. Third Quarter Report 2016
||||
|-|-|-|
|Interest expenses|0.00|0.00|
|Fee and commission expenses|0.00|0.00|
|Surrenders|0.00|0.00|
|Net claims paid|0.00|0.00|
|Net amount provided as insurance contract reserve|0.00|0.00|
|Expenditure on policy dividends|0.00|0.00|
|Reinsurance premium|0.00|0.00|
|Business tax and surtaxes|36,010,612.00|56,633,591.00|
|Selling expenses|476,578,917.00|376,642,899.00|
|Administrative expenses|1,566,701,446.00|1,260,538,490.00|
|Finance costs|605,193,496.00|873,505,602.00|
|Asset impairment loss|263,811,055.00|183,144,942.00|
|Add: Profit on fair value changes (“-” means loss)|17,222,416.00|0.00|
|Return on investment (“-” means loss)|45,948,654.00|69,039,318.00|
|Including: Share of profit/loss of associates and joint|||
||1,312,003.00|2,917,230.00|
|ventures|||
|Exchange gains (“-” means loss)|0.00|0.00|
|3. Operating profit (“-” means loss)|678,418,859.00|-108,502,621.00|
|Add: Non-operating revenue|140,040,304.00|230,516,962.00|
|Including: Profit on disposal of non-current assets|1,927,726.00|281,392.00|
|Less: Non-operating expense|8,967,466.00|2,340,865.00|
|Including: Loss on disposal of non-current assets|7,212,245.00|1,453,376.00|
|4. Total profit (“-” means loss)|809,491,697.00|119,673,476.00|
|Less: Corporate income tax|63,868,933.00|84,033,203.00|
|5. Net profit (“-” means loss)|745,622,764.00|35,640,273.00|
|Net profit attributable to owners of the Company|657,140,380.00|41,216,719.00|
|Minority interests’ income|88,482,384.00|-5,576,446.00|
|6. Other comprehensive income net of tax|5,413,909.00|-121,484,185.00|
|Other comprehensive income net of tax attributable to|||
||-15,601,433.00|-121,484,185.00|
|owners of the Company|||
|6.1 Other comprehensive income that will not be|||
||0.00|0.00|
|reclassified into profit/loss|||
|6.1.1 Changes in net liabilities or assets with a defined|||
||0.00|0.00|
|benefit plan upon re-measurement|||
|6.1.2 Share of other comprehensive income of investees|||
||0.00|0.00|
|that cannot be reclassified into profit/loss under the equity method|||

BOE Technology Group Co., Ltd. Third Quarter Report 2016
||||
|-|-|-|
|6.2 Other comprehensive income to be subsequently|||
||-15,601,433.00|-121,484,185.00|
|reclassified into profit/loss|||
|6.2.1 Share of other comprehensive income of investees|||
||0.00|0.00|
|that will be reclassified into profit/loss under the equity method|||
|6.2.2 Profit/loss on fair value changes of|||
||-2,061,569.00|-112,978,008.00|
|available-for-sale financial assets|||
|6.2.3 Profit/loss on reclassifying held-to-maturity|||
||0.00|0.00|
|investments into available-for-sale financial assets|||
|6.2.4 Effective profit/loss on cash flow hedges|0.00|0.00|
|6.2.5 Currency translation differences|-13,539,864.00|-8,506,177.00|
|6.2.6 Other|0.00|0.00|
|Other comprehensive income net of tax attributable to|||
||21,015,342.00|0.00|
|minority interests|||
|7. Total comprehensive income|751,036,673.00|-85,843,912.00|
|Attributable to owners of the Company|641,538,947.00|-80,267,466.00|
|Attributable to minority interests|109,497,726.00|-5,576,446.00|
|8. Earnings per share|||
|8.1 Basic earnings per share|0.019|0.001|
|8.2 Diluted earnings per share|0.019|0.001|

 Where business mergers under the same control occurred in the Reporting Period, the net profit achieved by the merged parties before the business mergers was RMB0.00 Yuan, with the corresponding amount for the last period being RMB0.00 Yuan.
Legal representative: Wang Dongsheng Person-in-charge of the accounting work: Sun Yun Chief of the accounting division: Yang Xiaoping
4. Income statement of the Company for the Reporting Period
Unit: RMB Yuan
||||
|-|-|-|
|Item|July-September 2016|July-September 2015|
|1. Operating revenues|350,838,939.00|223,827,908.00|
|Less: Operating costs|10,891,094.00|32,040,271.00|
|Business tax and surtaxes|138,162.00|2,044,186.00|
|Selling expenses|424,337.00|739,023.00|
|Administrative expenses|347,193,628.00|259,800,509.00|
|Finance costs|66,345,953.00|-20,920,909.00|
|Asset impairment loss|0.00|0.00|
|Add: profit on fair value changes (“-” means loss)|0.00|0.00|
|Return on investment (“-” means loss)|101,975,111.00|2,762,233.00|

BOE Technology Group Co., Ltd. Third Quarter Report 2016
||||
|-|-|-|
|Including: Share of profit/loss of associates and joint|||
||1,312,003.00|2,955,484.00|
|ventures|||
|2. Operating profit (“-” means loss)|27,820,876.00|-47,112,939.00|
|Add: Non-operating revenue|213,699,624.00|6,661,505.00|
|Including: Profit on disposal of non-current assets|0.00|59,799.00|
|Less: Non-operating expense|100,849.00|310,782.00|
|Including: Loss on disposal of non-current assets|88,011.00|7,135.00|
|3. Total profit (“-” means loss)|241,419,651.00|-40,762,216.00|
|Less: Corporate income tax|19,661,520.00|0.00|
|4. Net profit (“-” means loss)|221,758,131.00|-40,762,216.00|
|5. Other comprehensive income net of tax|8,130,236.00|-69,881,190.00|
|5.1 Other comprehensive income that will not be reclassified|||
||0.00|0.00|
|into profit and loss|||
|5.1.1 Changes in net liabilities or assets with a defined|||
||0.00|0.00|
|benefit plan upon re-measurement|||
|5.1.2 Share of other comprehensive income of investees that|||
||0.00|0.00|
|cannot be reclassified into profit/loss under the equity method|||
|5.2 Other comprehensive income to be subsequently|||
||8,130,236.00|-69,881,190.00|
|reclassified into profit/loss|||
|5.2.1 Share of other comprehensive income of investees that|||
||0.00|0.00|
|will be reclassified into profit/loss under the equity method|||
|5.2.2 Profit/loss on fair value changes of available-for-sale|||
||8,130,236.00|-69,881,190.00|
|financial assets|||
|5.2.3 Profit/loss on reclassifying held-to-maturity|||
||0.00|0.00|
|investments into available-for-sale financial assets|||
|5.2.4 Effective profit/loss on cash flow hedges|0.00|0.00|
|5.2.5 Currency translation differences|0.00|0.00|
|5.2.6 Other|0.00|0.00|
|6. Total comprehensive income|229,888,367.00|-110,643,406.00|
|7. Earnings per share|||
|7.1 Basic earnings per share|0.0063|-0.0012|
|7.2 Diluted earnings per share|0.0063|-0.0012|

 5. Consolidated income statement for the period from the year-beginning to the end of the Reporting Period
Unit: RMB Yuan
||||
|-|-|-|
|Item|January-September 2016|January-September 2015|
|1. Operating revenues|45,841,905,735.00|36,420,446,042.00|

BOE Technology Group Co., Ltd. Third Quarter Report 2016
||||
|-|-|-|
|Including: Sales income|45,841,905,735.00|36,420,446,042.00|
|Interest income|0.00|0.00|
|Premium income|0.00|0.00|
|Fee and commission income|0.00|0.00|
|2. Operating costs|47,615,377,413.00|34,709,856,746.00|
|Including: Cost of sales|39,817,142,861.00|28,386,284,793.00|
|Interest expenses|0.00|0.00|
|Fee and commission expenses|0.00|0.00|
|Surrenders|0.00|0.00|
|Net claims paid|0.00|0.00|
|Net amount provided as insurance contract reserve|0.00|0.00|
|Expenditure on policy dividends|0.00|0.00|
|Reinsurance premium|0.00|0.00|
|Business tax and surtaxes|128,940,793.00|170,970,012.00|
|Selling expenses|1,172,795,371.00|909,331,602.00|
|Administrative expenses|3,877,791,881.00|3,512,957,536.00|
|Finance costs|1,840,072,506.00|1,049,846,691.00|
|Asset impairment loss|778,634,001.00|680,466,112.00|
|Add: Profit on fair value changes (“-” means loss)|21,846,353.00|0.00|
|Return on investment (“-” means loss)|110,942,976.00|133,698,468.00|
|Including: Share of profit/loss of associates and joint|||
||-9,868,958.00|13,474,267.00|
|ventures|||
|Exchange gains (“-” means loss)|0.00|0.00|
|3. Operating profit (“-” means loss)|-1,640,682,349.00|1,844,287,764.00|
|Add: Non-operating revenue|1,933,773,186.00|655,288,420.00|
|Including: Profit on disposal of non-current assets|6,716,094.00|1,763,067.00|
|Less: Non-operating expense|14,844,397.00|15,688,276.00|
|Including: Loss on disposal of non-current assets|9,469,934.00|10,701,950.00|
|4. Total profit (“-” means loss)|278,246,440.00|2,483,887,908.00|
|Less: Corporate income tax|120,127,244.00|495,093,867.00|
|5. Net profit (“-” means loss)|158,119,196.00|1,988,794,041.00|
|Net profit attributable to owners of the Company|140,667,962.00|1,992,387,571.00|
|Minority interests’ income|17,451,234.00|-3,593,530.00|
|6. Other comprehensive income net of tax|-20,926,500.00|-50,041,037.00|
|Other comprehensive income net of tax attributable to|-41,941,842.00|-49,966,188.00|

BOE Technology Group Co., Ltd. Third Quarter Report 2016
||||
|-|-|-|
|owners of the Company|||
|6.1 Other comprehensive income that will not be|||
||0.00|0.00|
|reclassified into profit/loss|||
|6.1.1 Changes in net liabilities or assets with a defined|||
||0.00|0.00|
|benefit plan upon re-measurement|||
|6.1.2 Share of other comprehensive income of investees|||
|that cannot be reclassified into profit/loss under the equity|0.00|0.00|
|method|||
|6.2 Other comprehensive income to be subsequently|||
||-41,941,842.00|-49,966,188.00|
|reclassified into profit/loss|||
|6.2.1 Share of other comprehensive income of investees|||
||-4,418,377.00|0.00|
|that will be reclassified into profit/loss under the equity method|||
|6.2.2 Profit/loss on fair value changes of|||
||-46,209,100.00|-40,362,278.00|
|available-for-sale financial assets|||
|6.2.3 Profit/loss on reclassifying held-to-maturity|||
||0.00|0.00|
|investments into available-for-sale financial assets|||
|6.2.4 Effective profit/loss on cash flow hedges|0.00|0.00|
|6.2.5 Currency translation differences|8,685,635.00|-9,603,910.00|
|6.2.6 Other|0.00|0.00|
|Other comprehensive income net of tax attributable to|||
||21,015,342.00|-74,849.00|
|minority interests|||
|7. Total comprehensive income|137,192,696.00|1,938,753,004.00|
|Attributable to owners of the Company|98,726,120.00|1,942,421,383.00|
|Attributable to minority interests|38,466,576.00|-3,668,379.00|
|8. Earnings per share|||
|8.1 Basic earnings per share|0.004|0.057|
|8.2 Diluted earnings per share|0.004|0.057|

 Where business mergers under the same control occurred in the current period, the net profit achieved by the merged parties before the business mergers was RMB0.00 Yuan, with the corresponding amount for the same period of last year being RMB0.00 Yuan. 6. Income statement of the Company for the period from the year-beginning to the end of the Reporting Period
Unit: RMB Yuan
||||
|-|-|-|
|Item|January-September 2016|January-September 2015|
|1. Operating revenues|1,044,265,990.00|618,959,434.00|
|Less: Operating costs|69,706,483.00|97,365,275.00|
|Business tax and surtaxes|2,483,100.00|7,653,072.00|
|Selling expenses|4,810,417.00|2,413,142.00|

BOE Technology Group Co., Ltd. Third Quarter Report 2016
||||
|-|-|-|
|Administrative expenses|916,599,105.00|726,398,468.00|
|Finance costs|127,196,246.00|-94,994,208.00|
|Asset impairment loss|0.00|0.00|
|Add: profit on fair value changes (“-” means loss)|0.00|0.00|
|Return on investment (“-” means loss)|120,352,235.00|468,109,218.00|
|Including: Share of profit/loss of associates and joint|||
||-9,868,958.00|13,512,521.00|
|ventures|||
|2. Operating profit (“-” means loss)|43,822,874.00|348,232,903.00|
|Add: Non-operating revenue|241,471,215.00|82,043,756.00|
|Including: Profit on disposal of non-current assets|83,799.00|83,799.00|
|Less: Non-operating expense|475,109.00|382,447.00|
|Including: Loss on disposal of non-current assets|96,701.00|8,690.00|
|3. Total profit (“-” means loss)|284,818,980.00|429,894,212.00|
|Less: Corporate income tax|23,060,794.00|0.00|
|4. Net profit (“-” means loss)|261,758,186.00|429,894,212.00|
|5. Other comprehensive income net of tax|-13,915,859.00|-37,369,122.00|
|5.1 Other comprehensive income that will not be reclassified|||
||0.00|0.00|
|into profit and loss|||
|5.1.1 Changes in net liabilities or assets with a defined|||
||0.00|0.00|
|benefit plan upon re-measurement|||
|5.1.2 Share of other comprehensive income of investees that|||
||0.00|0.00|
|cannot be reclassified into profit/loss under the equity method|||
|5.2 Other comprehensive income to be subsequently|||
||-13,915,859.00|-37,369,122.00|
|reclassified into profit/loss|||
|5.2.1 Share of other comprehensive income of investees that|||
||-4,418,377.00|0.00|
|will be reclassified into profit/loss under the equity method|||
|5.2.2 Profit/loss on fair value changes of available-for-sale|||
||-9,497,482.00|-37,369,122.00|
|financial assets|||
|5.2.3 Profit/loss on reclassifying held-to-maturity|||
||0.00|0.00|
|investments into available-for-sale financial assets|||
|5.2.4 Effective profit/loss on cash flow hedges|0.00|0.00|
|5.2.5 Currency translation differences|0.00|0.00|
|5.2.6 Other|0.00|0.00|
|6. Total comprehensive income|247,842,327.00|392,525,090.00|
|7. Earnings per share|||
|7.1 Basic earnings per share|0.0074|0.0122|
|7.2 Diluted earnings per share|0.0074|0.0122|

BOE Technology Group Co., Ltd. Third Quarter Report 2016 7. Consolidated cash flow statement for the period from the year-beginning to the end of the Reporting Period
Unit: RMB Yuan
||||
|-|-|-|
|Item|January-September 2016|January-September 2015|
|1. Cash flows from operating activities:|||
|Cash received from sale of commodities and rendering of|||
||36,623,911,272.00|36,345,984,473.00|
|service|||
|Net increase in money deposits from customers and interbank|||
||0.00|0.00|
|placements|||
|Net increase in loans from the Central Bank|0.00|0.00|
|Net increase in funds borrowed from other financial|||
||0.00|0.00|
|institutions|||
|Cash received from premium of original insurance contracts|0.00|0.00|
|Net cash received from reinsurance business|0.00|0.00|
|Net increase in deposits of policy holders and investment fund|0.00|0.00|
|Net increase in disposal of financial assets at fair value through|||
||0.00|0.00|
|profit/loss|||
|Interest, fees and commissions received|0.00|0.00|
|Net increase in interbank borrowings|0.00|0.00|
|Net increase in funds in repurchase business|0.00|0.00|
|Tax refunds received|2,825,772,770.00|2,593,189,930.00|
|Cash received from other operating activities|2,438,902,512.00|920,462,620.00|
|Subtotal of cash inflows from operating activities|41,888,586,554.00|39,859,637,023.00|
|Cash paid for goods and services|24,889,893,478.00|24,543,335,064.00|
|Net increase in loans and advances to customers|0.00|0.00|
|Net increase in funds deposited in the Central Bank and|||
||0.00|0.00|
|interbank placements|||
|Cash paid for claims of original insurance contracts|0.00|0.00|
|Interest, fees and commissions paid|0.00|0.00|
|Cash paid as policy dividends|0.00|0.00|
|Cash paid to and for employees|4,390,130,444.00|3,799,438,331.00|
|Taxes and fares paid|1,325,244,798.00|1,318,703,589.00|
|Cash paid for other operating activities|4,735,169,296.00|2,364,548,936.00|
|Subtotal of cash outflows from operating activities|35,340,438,016.00|32,026,025,920.00|
|Net cash flows from operating activities|6,548,148,538.00|7,833,611,103.00|
|2. Cash flows from investing activities:|||

BOE Technology Group Co., Ltd. Third Quarter Report 2016
||||
|-|-|-|
|Cash received from retraction of investments|27,018,296,827.00|7,931,535,212.00|
|Cash received as return on investments|154,741,975.00|94,512,076.00|
|Net cash received from disposal of fixed assets, intangible|||
||82,066,977.00|1,962,487.00|
|assets and other long-term assets|||
|Net cash received from disposal of subsidiaries or other|||
||0.00|0.00|
|business units|||
|Cash received from other investing activities|1,125,092,241.00|1,541,068,494.00|
|Subtotal of cash inflows from investing activities|28,380,198,020.00|9,569,078,269.00|
|Cash paid to acquire fixed assets, intangible assets and other|||
||15,462,947,784.00|13,708,972,589.00|
|long-term assets|||
|Cash paid for investment|28,109,045,928.00|10,897,679,045.00|
|Net increase in pledged loans|0.00|0.00|
|Net cash paid to acquire subsidiaries and other business units|0.00|404,844,377.00|
|Cash paid for other investing activities|2,723,123,020.00|406,215,770.00|
|Subtotal of cash outflows from investing activities|46,295,116,732.00|25,417,711,781.00|
|Net cash flows from investing activities|-17,914,918,712.00|-15,848,633,512.00|
|3. Cash flows from financing activities:|||
|Cash received from capital contributions|3,008,499,427.00|0.00|
|Including: Cash received from minority shareholder|||
||0.00|0.00|
|investments by subsidiaries|||
|Cash received as borrowings|11,438,150,450.00|13,230,442,064.00|
|Cash received from issuance of bonds|10,000,000,000.00|0.00|
|Cash received from other financing activities|626.00|39,954,862.00|
|Subtotal of cash inflows from financing activities|24,446,650,503.00|13,270,396,926.00|
|Repayment of borrowings|10,478,692,983.00|8,519,532,762.00|
|Cash paid for interest expenses and distribution of dividends|||
||2,558,512,847.00|861,184,571.00|
|or profit|||
|Including: dividends or profit paid by subsidiaries to|||
||0.00|0.00|
|minority interests|||
|Cash paid for other financing activities|270,218,459.00|422,671,153.00|
|Sub-total of cash outflows from financing activities|13,307,424,289.00|9,803,388,486.00|
|Net cash flows from financing activities|11,139,226,214.00|3,467,008,440.00|
|4. Effect of foreign exchange rate changes on cash and cash|||
||548,698,688.00|661,783,286.00|
|equivalents|||
|5. Net increase in cash and cash equivalents|321,154,728.00|-3,886,230,683.00|
|Add: Opening balance of cash and cash equivalents|36,182,738,217.00|36,504,707,160.00|
|6. Closing balance of cash and cash equivalents|36,503,892,945.00|32,618,476,477.00|

BOE Technology Group Co., Ltd. Third Quarter Report 2016 8. Cash flow statement of the Company for the period from the year-beginning to the end of the Reporting Period
Unit: RMB Yuan
||||
|-|-|-|
|Item|January-September 2016|January-September 2015|
|1. Cash flows from operating activities:|||
|Cash received from sale of commodities and rendering of|||
||672,388,542.00|146,603,362.00|
|service|||
|Tax refunds received|3,593,327.00|0.00|
|Cash received from other operating activities|1,885,963,800.00|1,258,835,900.00|
|Subtotal of cash inflows from operating activities|2,561,945,669.00|1,405,439,262.00|
|Cash paid for goods and services|286,312,431.00|222,529,530.00|
|Cash paid to and for employees|340,454,300.00|360,992,295.00|
|Taxes and fares paid|103,766,375.00|38,951,331.00|
|Cash paid for other operating activities|2,395,936,453.00|776,920,049.00|
|Subtotal of cash outflows from operating activities|3,126,469,559.00|1,399,393,205.00|
|Net cash flows from operating activities|-564,523,890.00|6,046,057.00|
|2. Cash flows from investing activities:|||
|Cash received from retraction of investments|8,306,161,515.00|0.00|
|Cash received as return on investments|60,221,193.00|451,236,880.00|
|Net cash received from disposal of fixed assets, intangible|||
||197,124.00|28,545.00|
|assets and other long-term assets|||
|Net cash received from disposal of subsidiaries or other|||
|||0.00|
|business units|||
|Cash received from other investing activities|13,200,214.00|140,500,839.00|
|Subtotal of cash inflows from investing activities|8,379,780,046.00|591,766,264.00|
|Cash paid to acquire fixed assets, intangible assets and other|||
||523,640,689.00|91,796,869.00|
|long-term assets|||
|Cash paid for investment|21,367,541,182.00|8,330,044,158.00|
|Net cash paid to acquire subsidiaries and other business units|0.00|0.00|
|Cash paid for other investing activities|1,703,888,929.00|465,407.00|
|Subtotal of cash outflows from investing activities|23,595,070,800.00|8,422,306,434.00|
|Net cash flows from investing activities|-15,215,290,754.00|-7,830,540,170.00|
|3. Cash flows from financing activities:|||
|Cash received from capital contributions|0.00|0.00|
|Cash received as borrowings|7,040,000,000.00|4,467,300,200.00|
|Cash received from issuance of bonds|10,000,000,000.00|0.00|

BOE Technology Group Co., Ltd. Third Quarter Report 2016
||||
|-|-|-|
|Cash received from other financing activities|626.00|11,400,214.00|
|Subtotal of cash inflows from financing activities|17,040,000,626.00|4,478,700,414.00|
|Repayment of borrowings|423,155,128.00|0.00|
|Cash paid for interest expenses and distribution of dividends|||
||444,352,580.00|9,665,367.00|
|or profit|||
|Cash paid for other financing activities|152,000,424.00|2,908,390,000.00|
|Sub-total of cash outflows from financing activities|1,019,508,132.00|2,918,055,367.00|
|Net cash flows from financing activities|16,020,492,494.00|1,560,645,047.00|
|4. Effect of foreign exchange rate changes on cash and cash|||
||10,438,293.00|99,793,588.00|
|equivalents|||
|5. Net increase in cash and cash equivalents|251,116,143.00|-6,164,055,478.00|
|Add: Opening balance of cash and cash equivalents|3,322,215,443.00|8,671,876,589.00|
|6. Closing balance of cash and cash equivalents|3,573,331,586.00|2,507,821,111.00|

 IIAuditor’s report
Is this Report audited?
□ Yes√ No
This Report is unaudited.
Board Chairman (signature):
Wang Dongsheng Date of theBoard’s approval: 24October 2016