Dongxu Optoelectronic Technology Co., Ltd The Third Quarterly Report 2014 Dongxu Optoelectronic Technology Co., Ltd.
The Third Quarterly Report 2014
October 2014
Dongxu Optoelectronic Technology Co., Ltd The Third Quarterly Report 2014 I. Important Notice
The Board of Directors ,Supervisory Committee, all directors, supervisors and senior executives of the Company hereby guarantees that there are no misstatement, misleading representation or important omissions in this report and shall assume joint and several liability for the authenticity, accuracy and completeness of the contents hereof. All of the directors presented the board meeting at which this Quarterly Report was examined.
Mr. Li Zhaoting, The Company leader, Mr. Li Quannian, Chief financial officer and the Mr..Xie Guozhong, the person in charge of the accounting department (the person in charge of the accounting )declare: the financial report carried in this report is authentic and completed
Dongxu Optoelectronic Technology Co., Ltd The Third Quarterly Report 2014 II. Main financial data and changes of shareholders
I.Main accounting data and financial Index
Whether it has retroactive adjustment or re-statement on previous accounting data for accounting policy changed and accounting error correction or not.
□ Yes√ No
|||||||
|-|-|-|-|-|-|
||End of the reportperiod|||||
|||End of last year||Year-on –year change||
|Gross assets（RMB）|11,128,871,914.56|9,032,978,401.14||23.20%||
|Net assets attributable to the shareholders of|6,417,992,534.13|5,813,673,715.04||||
|||||10.39%||
|the listed company（RMB）||||||
||||Between beginning of||Change from the|
|||Year-on yearchange||||
||This report period||the year to the end of||same period last|
||||the report period||year|
|Operating income（RMB）|277,516,137.53|-1.78%|1,187,490,880.62||120.90%|
|Net profit attributable to the shareholders of|196,782,158.19||604,318,819.09|||
|||95.07%|||181.28%|
|the listed company（RMB）||||||
|Net profit after deducting of non-recurring||||||
|gain/loss attributable to the shareholders of|17,833,620.22|-82.32%|283,168,493.76||136.17%|
|listed company（RMB）||||||
|Cash flow generated by business operation,|||-1,797,375,854.05|||
||--|--|||-1.24%|
|net（RMB）||||||
|Basic earning per share(RMB/Share)|0.07|-36.36%|0.22||-31.25%|
|Diluted gains per|0.07||0.22|||
|||-36.36%|||-31.25%|
|share(RMB/Share)(RMB/Share)||||||
|Weighted average income/asset ratio（%）|3. 11%|1.28%|9.88%||-3. 53%|

 Items and amount of non-current gains and losses
√Applicable□Not applicable
In RMB
||||
|-|-|-|
||Amount from beginning of||
|Items|the year to the end of the|Notes|
||report period||
|Non-current asset disposal gain/loss(including the|||
|write-off part for which assets impairment provision is|-97,588.53||
|made)|||
|Governmental Subsidy accounted as current gain/loss, except for|405,595,993.81||

Dongxu Optoelectronic Technology Co., Ltd The Third Quarterly Report 2014
||||
|-|-|-|
|those subsidies at with amount or quantity fixed by the national|||
|government and closely related to the Company’s business|||
|operation.|||
|Consigning fee received for cosigned operation|4,500,000.00||
|Net amount of non-operating income and expense except the|||
||1,936,758.05||
|aforesaid items|||
|Less：Amount of influence of income tax|83,074,073.43||
|Amount of influence of minority interests(after tax)|7,710,764.57||
|Total|321,150,325.33|--|

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.
□Applicable√ Not applicable
None of Non-recurring gain /loss items recognized as recurring gain /loss/items as defined by the information disclosure explanatory Announcement No.1- Non–recurring gain/loss in the report period.
II.Total number of shareholders and shareholding of top 10 shareholders by the end of the report period (1) Total number of common shareholders and shareholding of top 10 common shareholders by the end of the report period
In Shares
|||||||||
|-|-|-|-|-|-|-|-|
|Total number of shareholders at the|159,876 (including148,587shareholders holding A shares and11,289shareholders holding B|||||||
|end of report period|shares)|||||||
|Particular about shares held by top ten shareholders||||||||
||||||Amount of|Pledging or freezing||
||||Share||tradable shares|||
|||Properties of||||||
|Shareholder name|||proportion|Quantity|with|Status of||
|||shareholder|||||Quantity|
||||%||Conditional|the shares||
||||||held|||
|Dongxu Group Co., Ltd.||DomesticNon-State-ownedlegal person|14.40%|390,093,000|390,093,000|||
|||||||Pledge|390,093,000|
|Huarong Secrities－ICBC－HuarongFixed Growth No. 1 Limited-amountSpecific Asset Management Program||Other|13.71%|371,517,000||||
|Shijiazhuang Baoshi Electronic GroupCo., Ltd.||DomesticNon-State-owned|12.27%|332,380,950||||
|||||||Pledge|267,420,148|

Dongxu Optoelectronic Technology Co., Ltd The Third Quarterly Report 2014
||||||||
|-|-|-|-|-|-|-|
||legal person||||||
|Lion Fund －ICBC－Lion Golden lionNo.22Asset Management Program|Other||3.69%|100,000,000|||
|Guangfa Securities Co., Ltd.|Other||1.86%|50,507,210|||
|Pingan Securities Co., Ltd|Other||1.72%|46,622,245|||
|Bank of China－Jingshun Great wallhas strategy selection, arranging flexiblemixed securities investment funds.|Other||1.06%|28,599,808|||
|Yao Yanbin|Domestic naturalperson||0.48%|13,000,004|||
|KGI ASIA LIMITED|Foreign legal person||0.39%|10,563,264|||
|YAO XIU GUANG|Foreign naturalperson||0.36%|9,832,900|||
|Shareholding of top 10 shareholders of unrestricted shares|||||||
|||Quantity of unrestricted|||Share type||
|Name of the shareholder||shares held at the end of|||||
||||||Share type|Quantity|
|||the reporting period|||||
|Huarong Secrities－ICBC－Huarong Fixed Growth No. 1Limited-amount Specific Asset Management Program||371,517,000|||||
||||||RMB Common shares|371,517,000|
|Shijiazhuang Baoshi Electronic Group Co., Ltd.||332,380,950|||RMB Common shares|332,380,950|
|Lion Fund －ICBC－Lion Golden lion No.22AssetManagement Program||100,000,000|||||
||||||RMB Common shares|100,000,000|
|Guangfa Securities Co., Ltd.||50,507,210|||RMB Common shares|50,507,210|
|Pingan Securities Co., Ltd||46,622,245|||RMB Common shares|46,622,245|
|Bank of China－Jingshun Great wall has strategy selection,arranging flexible mixed securities investment funds.||28,599,808|||||
||||||RMB Common shares|28,599,808|
|Yao Yanbin||13,000,004|||RMB Common shares|13,000,004|
|KGI ASIA LIMITED||10,563,264|||Foreign shares placed in||
|||||||10,563,264|
||||||domestic exchange||
|YAO XIU GUANG||9,832,900|||Foreign shares placed in||
|||||||9,832,900|
||||||domestic exchange||
|Jingshun Great wall Fund－CCB－China Life－China lifecommissioned Great Wall Jingshun fund company managedstock combination of assets.||9,658,800|||||
||||||RMB Common shares|9,658,800|
|||Among the shareholders, Dongxu Group and Baoshi Group have|||||
|||relationship with each other. The Company does not know whether|||||
|Explanation on associated relationship|||||||
|||there is relationship between top 10 unknown ordinary shareholders|||||
|among the aforesaid shareholders|||||||
|||and top 10 unlimited ordinary shareholders, does not know whether|||||
|||they are persons taking concerted action defined in Administrative|||||

Dongxu Optoelectronic Technology Co., Ltd The Third Quarterly Report 2014
|||
|-|-|
||Measures Relating to Acquisitions of Listed Companies.|
||Among the top 10 unconditional common share shareholders, Baoshi|
||Group holds 62,356,500 A shares of the Company through stock|
|Participation of top 10 unconditional common share||
||account with credit transaction and guarantee, Yao Yanbin holds|
|shareholders in securities margin trading (if any)||
||4,000,004 A shares through stock account with credit transaction and|
||guarantee.The total amount is 66,356,504 shares.|

Agreed re-purchasing by theCompany’s top 10 shareholders of common shares and top 10 shareholders of unconditional common shares in the report period
□ Yes√ No
No agreed re-purchasing is performed by theCompany’s shareholders in the report period.
(2) Total number of preferred shareholders and shareholding of top 10 preferred shareholders by the end of the report period
□Applicable√ Not applicable
Dongxu Optoelectronic Technology Co., Ltd The Third Quarterly Report 2014 III.Significant Events
I. Particular about large-margin change of main accounting statement item and financial index and its reason.
√ Applicable□ Not applicable
|||||||
|-|-|-|-|-|-|
|No|Item instatements|Amount at the end ofperiod|Amount at thebeginning of period|Rate of|Reason for change|
|||||change||
|||||(%)||
|1|Monetary capital|1,484,756,405.34|2,586,660,951.04||Owing to increasing investment in Glass substrateproduction line construction in current period.|
|||||-42.60%||
|2|Accountreceivable|1,551,672,220.19|943,285,462.11||Mainly due to the substantial growth in business,accounts receivable not reach payback period increasedand the construction project funds of the acquiredSwiss Italian company were not in the collectionperiod.|
|||||64.50%||
|3|Other receivable|100,234,985.95|29,300,640.49||Mainly due to land auction deposits and projectprocurement funds increased.|
|||||242.09%||
|4|Fixed assets|1,353,817,433.06|141,108,554.36||Due to Wuhu glass substrate production line transferredto fixed assets.|
|||||859.42%||
|5|Intangible assets|221,831,956.17|112,787,665.77|96.68%|Due to increasing land use rights in current period.|
|6|Short-term loans|1,190,000,000.00|580,000,000.00|105.17%|Due to the bank loans increased.|
|7|Operational profit|1,187,490,880.62|537,579,949.47||Due to the income increased caused by increasedbusiness scale in current period.|
|||||120.90%||
|8|Non-operationalprofit|412,048,332.70|122,878,190.43||Due to the substantial increase in R & D subsidies, taxrebates and other government grants received.|
|||||235.33%||
|9|Cash flowgenerated bybusinessoperations, net|-1,797,375,854.05|-1,775,315,017.44||Mainly due to the increasing expansion of thecompany's business, the substantial increase inequipment and materials procurement expenses forglass substrate production line stocking by affiliatedcompany Wuhu equipment company.|
|||||-1.24%||
|10|Cash flowgenerated byinvestmentactivities, net|-1,010,514,815.05|-1,910,248,558.99||Due to Wuhu glass substrate production lineconstruction spending was less than same period lastyear.|
|||||47.10%||
|11|cash flowsgenerated byfinancingactivities|1,827,636,161.20|5,624,567,903.13||Mainly due to the previous period raise funds|
|||||-67.51%||

Dongxu Optoelectronic Technology Co., Ltd The Third Quarterly Report 2014 II. The progress of significant events and influence, as well as the analysis and explanation on resolving proposal.
√ Applicable□ Not applicable
1. In order to further improve the corporate governance structure, corporate incentives system and enhance the core sense of responsibility and mission of company directors, senior management and core members of technical and operational, realizing sustainable, rapid and healthy development of the company, ensuring the realization of the development goals of the company. The 15th Meeting of the Seventh Board of Directors and 2014 Second provisionalshareholders’ general meeting examined and passed the Company Incentive Plan (draft)" and the Summary which plans to distribute no more than 3.42 million shares of restricted stock (reserved 0.34 million shares of restricted stock) as incentive grants.
2.The Company
18th
Meeting of the Seventh Board of Directors and 2014 Second Provisionalshareholders’ general meeting approved that the company decide to repurchase part of domestically listed foreign shares (B shares), the main purpose of the repurchase is to enhance investor confidence in the company, enhance corporate value, prompt the company to return to a reasonable level value and maximize the interests of shareholders.
3.On September 1, 2014, the company and the transferor Ji Xing New Material Investment (Hong Kong) Co., Ltd. signed a letter of intent on the acquisition of Jiangsu Ji Xing New Material Co., Ltd ., intends to acquire50.5% stake of it. Under the agreement, the company is carrying out preparatory research on Jiangsu Ji Xing New Material Co., Ltd .
||||
|-|-|-|
|||Description of the website for disclosing|
|Description of provisional announcement|Date of disclosing||
|||provisional announcements|
|Announcement of Resolutions of the 15thMeeting of the Seventh Board of Directors（Equity incentive）||China Securities Daily, Hong Kong|
||August 19, 2014|Commercial Daily and|
|||www.cninfo.com.cn|
|Announcement of Resolutions of the 8thMeeting of the seventh SupervisorsCommittee（Equity incentive）||China Securities Daily, Hong Kong|
||August 19, 2014|Commercial Daily and|
|||www.cninfo.com.cn|
|Announcement of Resolutions of the 18thMeeting of the Seventh Board of Directors（ Re-purchasing of B shares）||China Securities Daily, Hong Kong|
||September 15,2014|Commercial Daily and|
|||www.cninfo.com.cn|
|Announcement of Resolutions of thesecond provisional shareholders’ generalmeeting in 2014.||China Securities Daily, Hong Kong|
||October 8,2014|Commercial Daily and|
|||www.cninfo.com.cn|

III．The commitments of the Company and its shareholders holding over5% of theCompany’s total shares in the report year of extending to the report year from previous year.
√ Applicable□ Not applicable
|||||||
|-|-|-|-|-|-|
||||Time of|||
|||||Period of||
|Commitment|Commitment maker|Contents|making||Fulfillment|
|||||commitment||
||||commitment|||

Dongxu Optoelectronic Technology Co., Ltd The Third Quarterly Report 2014
|||||||
|-|-|-|-|-|-|
|||If listed companies plans to sell||||
|||tradable stocks through the bid trading||||
|||system of Shenzhen Stock Exchange||||
|||and sell greater than 5% of shares||||
|||within six months after the first sales,||||
||Shijiazhuang Baoshi|||||
|Commitment on share||will disclose the contents specified by||Long-term|Under|
||Electronics Group||July 23, 2009|||
|reform||the Form Guide to Prompt||effective|Fulfillment|
||Co., Ltd|||||
|||Announcement of Removing||||
|||Restriction on Sales of Non-tradable||||
|||Stocks of Listed Companies through||||
|||the prompt announcement of||||
|||disclosing sales of listed companies.||||
|Commitment in the||||||
|acquisition report or the||||||
|report on equity changes||||||
|Commitment made||||||
|upon the assets||||||
|replacement||||||
|||1.From the date of commitment letter||||
|||issued, except the managed hosting||||
|||company for Dongxue||||
|||Optoelectronic , this company and||||
|||majority-owned subsidiaries do not in||||
|||any way, directly or indirectly||||
|||engaged in business and Dongxue||||
|||Optoelectronic and its subsidiaries are||||
|||the same, or similar, future Dongxue||||
|||Optoelectronic shares and its||||
|||subsidiaries are not engaged in the||||
||1.Dongxu Group,|same or similar businesses.||||
|Commitments made|2.Shijiazhuang Baoshi|2.The company assurances against the||Long-term|Under|
||||April 1, 2012|||
|upon issuance|Electronics Group|use of precious stones share any act||effective|Fulfillment|
||Co., Ltd.|prejudicial to the control relationship||||
|||of Dongxu Optoelectronic interests||||
|||and its wholly-owned subsidiaries,||||
|||holding, or causing Dongxue||||
|||Optoelectronic shares and its||||
|||wholly-owned subsidiaries, holding||||
|||form business competition decisions.||||
|||3. The company will not directly||||
|||invest, purchase and Dongxu||||
|||Optoelectronic identical or similar||||
|||business enterprises and projects.||||
|||4.If the assets owned by the Dongxu||||

Dongxu Optoelectronic Technology Co., Ltd The Third Quarterly Report 2014
||||||
|-|-|-|-|-|
||Optoelectronic . compete with , the||||
||company will adopt effective||||
||measures and give up the same||||
||business. 5. If the company has||||
||horizontal competition with Dongxu||||
||Optoelectronic and lead to lose to it,||||
||the company will bear all the||||
||responsibilities.||||
||6. Before December 31, 2015, by way||||
||of designated placement, the company||||
||will transfer all the shares that||||
||Dongxu Optoelectronic Investment,||||
||entrusted to Zhengzhou Xufei||||
||company and all the shares that are||||
||entrusted to Baoshi Group, to Dongxu||||
||Optoelectronics; Before December 31,||||
||2016, by way of designated||||
||placement, the company will transfer||||
||all the shares that Dongxu Group||||
||entrusted to Dongxu Yingkou and||||
||Sichuan Xuhong to Dongxu||||
||Optoelectronics. Within the time limit||||
||mentioned above, if there were the||||
||external factors such as a depression||||
||of industry as a whole, or the changes||||
||in regulatory requirements, which||||
||lead to the result that the shares of||||
||hosting company can not meet the||||
||requirements of capital investment, Li||||
||Zhaoting, the actual controller,||||
||Dongxu Optoelectronic Investment ,||||
||Dongxu Group and Baoshi Group as||||
||well as the company will actively||||
||negotiate with related parties,||||
||continue to entrust the above||||
||mentioned shares and the power of||||
||management to Dongxu||||
||Optoelectronics. Within the period||||
||when the company is still the||||
||controlling shareholder of Dongxu||||
||Optoelectronics, the commitments are||||
||in effect.||||
|Dongxu Group Co.,|Dongxu Group Co., Ltd. subscribed||From April|Under|
|||April 17, 2013|||
|Ltd.|for 25.01% of the shares privately||18, 2013 to|Fulfillment|

Dongxu Optoelectronic Technology Co., Ltd The Third Quarterly Report 2014
|||||||
|-|-|-|-|-|-|
|||issued by the Company and promised||April 17,||
|||that the period of sale restriction of||2016.||
|||such shares was 36 months from the||||
|||first day of listing.||||
|||If Dongxu Group loses the case in||||
|||which U.S. Conning sued Dongxu||||
|||Group in respect of infringement upon||||
|||business secrets according to the final||||
|||judgment of China's court and||||
||||||The two sides|
|||economic losses are thus incurred to||||
||||||have signed|
|||the production and operation of panel||||
||1.Dongxu Group,||||an|
|Other commitments||display glass substrate by the||||
||2.Shijiazhuang Baoshi||October 1,|Long-term|agreement,|
|made to minority||Company and its subsidiaries, our||||
||Electronics Group||2012|effective|the court has|
|shareholders||company will compensate the||||
||Co., Ltd.||||been closed|
|||Company and its subsidiaries for the||||
||||||in mediation|
|||economic losses thus incurred. After||||
|||the non-public issue of controlling||||
|||shareholders Dongxu Group is||||
|||committed to compensate the||||
|||economic losses of Baoshi group and||||
|||its subsidiaries||||
|Executed timely or not?|Yes|||||

IV．Prediction of Business performance for 2014.
Estimation of accumulative net profit from the beginning of the year to the end of next report period to be loss probably or the warning of its material change compared with the corresponding period of the last year and explanation of reason.
□ Applicable√ Not applicable
V. Securities investment
□ Applicable√ Not applicable
There is no securities investment during the report period.
VI. Derivative investment
□ Applicable√ Not applicable
There is no derivative investment during the report period.
Dongxu Optoelectronic Technology Co., Ltd The Third Quarterly Report 2014 VII. The registration form of acceptance of investigation, communication and interview in the report period for future reference
√ Applicable□ Not applicable
|||||||
|-|-|-|-|-|-|
||||||Content of discussion and|
|Date|Place|Mode|Type|Visitor||
||||||materials provided|
||||||Visit the company|
||||||showroom, understand the|
|||Onsite||||
|January 6, 2014|The Company||Organization|Fortune SG Fund, Boshi Fund|raised investment project|
|||investigation||||
||||||progress and business scope|
||||||and R & D in 2014.|
|||||Guangfa Securities, Xinhua Asset,||
|||||CCB Fund , Haifutong Fund,||
||||||Know about the company|
|||||Huaxia Fund, ICBC Credit Suisse||
|||Onsite|||raise investment project|
|January 17, 2014|The Company||Organization|Assets Management Co., Ltd.,||
|||investigation|||progress and situation of|
|||||Manulife Teda fund, Huashang||
||||||main business of 2014|
|||||Fund, Jingshun Great wall and||
|||||Dacheng Fund.||
|||||Guangfa Securities, Jingtai Lifeng,||
||||||Know about the company|
|||||Guosen Fund, Gfund Management||
||||||raised investment project|
|||||Co., Ltd., Yimin Fund, CITICPE,||
||||||progress, hosting company|
|||Onsite||Yinhua Fund, Sun Assets, Kgi||
|May 12, 2014|The Company||Organization||operations, hosting|
|||investigation||Securities, Huaxia Fund, Zhongjin||
||||||company investment|
|||||Company, Hezhong Assets,||
||||||arrangements and future|
|||||Efunds, Lion Fund and||
||||||development strategy.|
|||||Changsheng Fund||
||||||Know about the company|
|||||Cathay Securities, Capital|raised investment project|
|||||Securities Investment, Taishin|progress, hosting company|
|||Onsite||||
|June 18,2014|The Company||Organization|Securities, 、United Securities|operations, performance|
|||investigation||||
|||||and Zhaofeng International|description of whole year|
|||||Securities Investment|2013 and the first quarter of|
||||||2014|
||||||Know about the company|
||||||production and operation,|
|January 1, 2014 to||||||
||The Company|Telephone|Individual|Investor|raised investment project|
|September 30,2014||||||
||||||progress and hosting|
||||||company operation.|

Dongxu Optoelectronic Technology Co., Ltd The Third Quarterly Report 2014 IV.Financial statements
I. Financial statements
1. Consolidated Balance sheet
Prepared by Dongxu Optoelectronic Technology Co., Ltd.
In RMB
||||
|-|-|-|
|Items|Year-end balance|Year-beginning balance|
|Current asset：|||
|Monetary fund|1,484,756,405.34|2,586,660,951.04|
|Settlement provision|||
|Outgoing call loan|||
|Financial assets measured at fair value|||
|with variations accounted into current|||
|income account|||
|Bill receivable|383,550,000.00||
|Account receivable|1,551,672,220.19|943,285,462.11|
|Prepayments|3,742,984,864.66|2,788,962,137.94|
|Insurance receivable|||
|Reinsurance receivable|||
|Provisions of Reinsurance contracts|||
|receivable|||
|Interest receivable|||
|Dividend receivable|||
|Other account receivable|100,234,985.95|29,300,640.49|
|Repurchasing of financial assets|||
|Inventories|257,614,626.66|298,619,165.08|
|Assets held for sales|||
|Non-current asset due in 1 year|||
|Other current asset|108,418,747.43|75,632,804.57|
|Total of current assets|7,629,231,850.23|6,722,461,161.23|
|Non-current assets：|||
|Loans and payment on other’s behalf|||
|disbursed|||

Dongxu Optoelectronic Technology Co., Ltd The Third Quarterly Report 2014
||||
|-|-|-|
|Disposable financial asset|||
|Expired investment in possess|||
|Long-term receivable|||
|Long term share equity investment|||
|Property investment||12,216,614.26|
|Fixed assets|1,353,817,433.06|141,108,554.36|
|Construction in progress|1,788,641,573.11|1,914,118,112.98|
|Engineering material|44,034,584.74|112,687,660.04|
|Fixed asset disposal|||
|Production physical assets|||
|Gas & petrol|||
|Intangible assets|221,831,956.17|112,787,665.77|
|R & D petrol|14,936,198.26||
|Goodwill|||
|Long-germ expenses to be amortized|||
|Differed income tax asset|76,378,318.99|17,598,632.50|
|Other non-current asset|||
|Total of non-current assets|3,499,640,064.33|2,310,517,239.91|
|Total of assets|11,128,871,914.56|9,032,978,401.14|
|Current liabilities|||
|Short-term loans|1,190,000,000.00|580,000,000.00|
|Loan from Central Bank|||
|Deposit received and hold for others|||
|Call loan received|||
|Financial liabilities measured at fair|||
|value with variations accounted into|||
|current income account|||
|Bill payable|75,000,000.00|150,000,000.00|
|Account payable|343,235,511.27|134,665,580.06|
|Advance payment|22,245,122.10|3,451,630.20|
|Selling of repurchased financial assets|||
|Fees and commissions receivable|||
|Employees’ wage payable|20,696,616.92|17,885,009.53|
|Tax payable|-149,759,835.28|-168,850,322.26|
|Interest payable|5,554,542.33||

Dongxu Optoelectronic Technology Co., Ltd The Third Quarterly Report 2014
||||
|-|-|-|
|Dividend payable|||
|Other account payable|38,728,573.63|46,922,065.04|
|Reinsurance fee payable|||
|Insurance contract provision|||
|Entrusted trading of securities|||
|Entrusted selling of securities|||
|Liabilities held for sales|||
|Non-current liability due in 1 year|||
|Other current liability|61,518,000.00|60,989,000.00|
|Total of current liability|1,607,218,530.97|825,062,962.57|
|Non-current liabilities：|||
|Long-term loan|2,940,000,000.00|2,300,000,000.00|
|Bond payable|||
|Long-term payable|||
|Special payable|||
|Expected liabilities|||
|Differed income tax liability|||
|Other non-current liabilities|66,711,700.00|33,714,000.00|
|Differed income|3,006,711,700.00|2,333,714,000.00|
|Total of liability|4,613,930,230.97|3,158,776,962.57|
|Owners’ equity|||
|Share capital|2,709,000,000.00|903,000,000.00|
|Capital reserves|3,130,613,311.80|4,936,613,311.80|
|Less：Shares in stock|||
|Special reserves|||
|Surplus reserves|27,454,788.05|27,454,788.05|
|Common risk provision|||
|Undistributed profit|550,924,434.28|-53,394,384.81|
|Different of foreign currency translation|||
|Total of owner’s equity belong to the|||
||6,417,992,534.13|5,813,673,715.04|
|parent company|||
|Minority shareholders’ equity|96,949,149.46|60,527,723.53|
|Total of owners’ equity|6,514,941,683.59|5,874,201,438.57|
|Total of liabilities and owners’ equity|11,128,871,914.56|9,032,978,401.14|

Dongxu Optoelectronic Technology Co., Ltd The Third Quarterly Report 2014 2. Balance sheet of the Parent Company
Prepared by: Dongxu Optoelectronic Technology Co., Ltd.
In RMB
||||
|-|-|-|
|Items|Year-end balance|Year-beginning balance|
|Current asset：|||
|Monetary fund|127,548,801.02|29,805,307.79|
|Financial assets measured at fair value|||
|with variations accounted into current|||
|income account|||
|Bill receivable|250,000.00||
|Account receivable|26,489,747.79|16,547,491.42|
|Prepayments|26,464,717.50|25,310,796.89|
|Interest receivable|||
|Dividend receivable|||
|Other account receivable|584,332,439.79|432,062,236.88|
|Inventories|17,906,082.71|19,766,175.81|
|Assets held for sales|||
|Non-current asset due in 1 year|||
|Other current asset|19,211.84|19,211.84|
|Total of current assets|783,011,000.65|523,511,220.63|
|Non-current assets：|||
|Disposable financial asset|||
|Expired investment in possess|||
|Long-term receivable|||
|Long term share equity investment|5,068,912,035.49|4,728,458,306.96|
|Property investment||4,203,586.44|
|Fixed assets|54,133,472.95|31,342,639.14|
|Construction in progress|3,961,091.42|23,712,084.39|
|Engineering material|||
|Fixed asset disposal|||
|Production physical assets|||
|Gas & petrol|||
|Intangible assets|10,603,005.73|10,847,178.52|
|R & D petrol|||

Dongxu Optoelectronic Technology Co., Ltd The Third Quarterly Report 2014
||||
|-|-|-|
|Goodwill|||
|Long-germ expenses to be amortized|||
|Differed income tax asset|8,034,510.33|8,034,510.33|
|Other non-current asset|||
|Total of non-current assets|5,145,644,115.92|4,806,598,305.78|
|Total of assets|5,928,655,116.57|5,330,109,526.41|
|Current liabilities|||
|Short-term loans|600,000,000.00||
|Financial liabilities measured at fair|||
|value with variations accounted into|||
|current income account|||
|Bill payable|||
|Account payable|14,396,379.98|16,158,244.45|
|Advance payment|7,695,994.21|6,702,336.70|
|Employees’ wage payable|4,353,727.97|3,964,746.75|
|Tax payable|1,016,630.04|1,676,183.24|
|Interest payable|||
|Dividend payable|||
|Other account payable|122,902,328.46|105,904,670.83|
|Liabilities held for sales|||
|Non-current liability due in 1 year|||
|Other current liability|20,000.00|20,000.00|
|Total of current liability|750,385,060.66|134,426,181.97|
|Non-current liabilities：|||
|Long-term loan|||
|Bond payable|||
|Long-term payable|||
|Special payable|||
|Expected liabilities|||
|Differed income tax liability|||
|Other non-current liabilities|45,000.00|45,000.00|
|Total of Non-current liabilities|45,000.00|45,000.00|
|Total of liability|750,430,060.66|134,471,181.97|
|Owners’ equity|||
|Share capital|2,709,000,000.00|903,000,000.00|

Dongxu Optoelectronic Technology Co., Ltd The Third Quarterly Report 2014
||||
|-|-|-|
|Capital reserves|2,993,360,997.35|4,799,360,997.35|
|Less：Shares in stock|||
|Special reserves|||
|Surplus reserves|32,204,150.60|32,204,150.60|
|Commonly risk Reserves|||
|Undistributed profit|-556,340,092.04|-538,926,803.51|
|Different of foreign currency translation|||
|Total of owners’ equity|5,178,225,055.91|5,195,638,344.44|
|Total of liabilities and owners’ equity|5,928,655,116.57|5,330,109,526.41|

 3.Consolidated Profit statement of the report period
Prepared by: Dongxu Optoelectronic Technology Co., Ltd.
In RMB
||||
|-|-|-|
|Item|Report period|Same period of the previous year|
|I. Income from the key business|277,516,137.53|282,537,595.39|
|Incl：Business income|277,516,137.53|282,537,595.39|
|Interest income|||
|Insurance fee earned|||
|Fee and commission received|||
|II. Total business cost|240,420,933.53|162,944,259.31|
|Incl：Business cost|177,102,485.70|150,941,870.04|
|Interest expense|||
|Fee and commission paid|||
|Insurance discharge payment|||
|Net claim amount paid|||
|Insurance policy dividend paid|||
|Insurance policy dividend paid|||
|Reinsurance expenses|||
|Business tax and surcharge|6,255,138.39|3,679,481.63|
|Sales expense|4,331,815.41|1,845,919.22|
|Administrative expense|41,543,133.93|24,976,978.62|
|Financial expenses|7,080,018.25|1,388,262.49|
|Asset impairment loss|4,108,341.85|-19,888,252.69|
|Add：Gains from change of fir value|||

Dongxu Optoelectronic Technology Co., Ltd The Third Quarterly Report 2014
||||
|-|-|-|
|（“-”for loss）|||
|Investment gain（“-”for loss）|||
|Incl: investment gains from affiliates|||
|Gains from currency exchange|||
|（“-”for loss）|||
|III. Operational profit（“-”for loss|37,095,204.00|119,593,336.08|
|Add：Non-business income|231,237,088.42|14,787,383.70|
|Less：Non business expenses|101,569.13|11,274.12|
|Incl：Loss from disposal of non-current|||
||97,588.53||
|assets|||
|IV.Total profit(“-”for loss)|268,230,723.29|134,369,445.66|
|Less：Income tax expenses|66,589,434.62|28,293,619.71|
|V. Net profit（“-”for net loss|201,641,288.67|106,075,825.95|
|Including: Net profit realized by the|||
|entity taken over before the takeover|||
|Net profit attributable to the owners of|||
||196,782,158.19|100,876,520.37|
|parent company|||
|Minority shareholders’ equity|4,859,130.48|5,199,305.58|
|VI. Earnings per share：|--|--|
|（I）Basic earnings per share|0.07|0.11|
|(II)Diluted earnings per share|0.07|0.11|
|VII. Other comprehensive income|||
|Including: other comprehensive income|||
|items that will not be reclassified into|||
|gains/losses in the subsequent|||
|accounting period|||
|Other comprehensive incomes that can|||
|be reclassified into gains/losses in the|||
|subsequent accounting period when|||
|certain conditions are satisfied|||
|VIII. Total comprehensive income|201,641,288.67|106,075,825.95|
|Total comprehensive income|||
|attributable to the owner of the parent|196,782,158.19|100,876,520.37|
|company|||
|Total comprehensive income|||
||4,859,130.48|5,199,305.58|
|attributable minority shareholders|||

Dongxu Optoelectronic Technology Co., Ltd The Third Quarterly Report 2014 4. Profit statement of the Parent Company of the Report period
Prepared by: Dongxu Optoelectronic Technology Co., Ltd.
In RMB
||||
|-|-|-|
|Items|Report period|Same period of the previous year|
|I. Income from the key business|8,352,621.13|26,473,475.19|
|Incl：Business cost|8,511,544.72|23,000,356.62|
|Business tax and surcharge||514,717.41|
|Sales expense|33,266.46|148,698.74|
|Administrative expense|8,456,229.12|4,081,903.71|
|Financial expenses|4,052,464.11|-11,773.75|
|Asset impairment loss||-17,706,054.69|
|Add：Gains from change of fir value|||
|（“-”for loss）|||
|Investment gain（“-”for loss）|||
|Incl: investment gains from affiliates|||
|II. Operational profit（“-”for loss|-12,700,883.28|16,445,627.15|
|Add：Non-business income|1,509,927.69|6,674,592.01|
|Less：Non business expenses|||
|Incl：Loss from disposal of non-current|||
|assets|||
|III.Total profit(“-”for loss)|-11,190,955.59|23,120,219.16|
|Less：Income tax expenses|||
|IV. Net profit（“-”for net loss）|-11,190,955.59|23,120,219.16|
|V. Earnings per share：|--|--|
|（I）Basic earnings per share|||
|(II)Diluted earnings per share|||
|VI. Other comprehensive income|||
|Including: other comprehensive income|||
|items that will not be reclassified into|||
|gains/losses in the subsequent|||
|accounting period|||
|Other comprehensive incomes that can|||
|be reclassified into gains/losses in the|||
|subsequent accounting period when|||
|certain conditions are satisfied|||
|VII. Total comprehensive income|-11,190,955.59|23,120,219.16|

Dongxu Optoelectronic Technology Co., Ltd The Third Quarterly Report 2014 5. Consolidated Profit statement between the beginning of the year and end of the report period
Prepared by: Dongxu Optoelectronic Technology Co., Ltd.
In RMB
||||
|-|-|-|
|Items|Report period|Same period of the previous year|
|I. Total operating income|1,187,490,880.62|537,579,949.47|
|Including：Operating income|1,187,490,880.62|537,579,949.47|
|Interest income|||
|Insurance gained|||
|Commission charge and commission|||
|income|||
|II. Total operating cost|797,025,628.75|329,780,771.52|
|Including：Operating cost|610,174,226.74|259,533,928.14|
|Interest expense|||
|Commission chare and commission|||
|expense|||
|Cash surrender value|||
|Net amount of expense of|||
|compensation|||
|Net amount of withdrawal of|||
|insurance contract reserve|||
|Bonus expense of guarantee slip|||
|Reinsurance expense|||
|Operating tax and extras|21,310,026.35|7,687,054.10|
|Sales expenses|8,725,734.18|5,666,189.03|
|Administration expenses|122,149,746.12|77,639,915.13|
|Financial expenses|30,469,018.31|-757,962.56|
|Losses of devaluation of assets|4,196,877.05|-19,988,352.32|
|Add ：Changing income of fair value|||
|Investment income|||
|Including：Investment income on|||
|affiliate company and joint venture|||
|Exchange income|||
|III. Operating profit|390,465,251.87|207,799,177.95|
|Add ：Non-operating income|412,048,332.70|122,878,190.43|
|Less：Non-operating expense|113,169.37|521,880.15|

Dongxu Optoelectronic Technology Co., Ltd The Third Quarterly Report 2014
||||
|-|-|-|
|Including :Disposal loss of non-current|||
||97,588.53||
|assets|||
|IV. Total profit|802,400,415.20|330,155,488.23|
|Less：Income tax|161,660,170.18|83,825,766.43|
|V. Net profit（“-”for net loss|640,740,245.02|246,329,721.80|
|Including: Net profit realized by the|||
|entity taken over before the takeover|||
|Net profit attributable to the owners of|||
||604,318,819.09|214,844,146.37|
|parent company|||
|Minority shareholders’ equity|36,421,425.93|31,485,575.43|
|VI. Earnings per share：|--|--|
|（I）Basic earnings per share|0.22|0.32|
|(II)Diluted earnings per share|0.22|0.32|
|VII. Other comprehensive income|||
|Including: other comprehensive income|||
|items that will not be reclassified into|||
|gains/losses in the subsequent|||
|accounting period|||
|Other comprehensive incomes that can|||
|be reclassified into gains/losses in the|||
|subsequent accounting period when|||
|certain conditions are satisfied|||
|VIII. Total comprehensive income|640,740,245.02|246,329,721.80|
|Total comprehensive income|||
|attributable to the owner of the parent|604,318,819.09|214,844,146.37|
|company|||
|Total comprehensive income|||
||36,421,425.93|31,485,575.43|
|attributable minority shareholders|||

6.Profit Statement of the Parent Between the Beginning of the Year and End of the Report Period
Prepared by: Dongxu Optoelectronic Technology Co., Ltd.
In RMB
||||
|-|-|-|
|Items|Report period|Same period of the previous year|
|I. Business income|29,657,179.61|73,459,091.27|
|Less：Business cost|26,934,620.66|58,568,674.53|
|Business tax and surcharge|118,271.63|2,275,317.74|
|Sales expense|135,588.76|413,693.77|

Dongxu Optoelectronic Technology Co., Ltd The Third Quarterly Report 2014
||||
|-|-|-|
|Administrative expense|21,699,606.64|16,171,034.14|
|Financial expenses|4,516,617.77|-1,526,737.09|
|Asset impairment loss|-950.00|-17,806,154.32|
|Add：Gains from change of fir value|||
|（“-”for loss）|||
|Investment gain（“-”for loss）|||
|Incl: investment gains from affiliates|||
|II. Operational profit|-23,746,575.85|15,363,262.50|
|Add：Non-business income|6,337,807.56|9,684,992.01|
|Less：Non business expenses|4,520.24||
|Incl：Loss from disposal of non-current|||
|assets|||
|III.Total profit|-17,413,288.53|25,048,254.51|
|Less：Income tax expenses||2,436,326.84|
|IV. Net profit|-17,413,288.53|22,611,927.67|
|V. Earnings per share|--|--|
|（I）Basic earnings per share|||
|(II)Diluted earnings per share|||
|VI. Other comprehensive income|||
|Including: other comprehensive income|||
|items that will not be reclassified into|||
|gains/losses in the subsequent|||
|accounting period|||
|Other comprehensive incomes that can|||
|be reclassified into gains/losses in the|||
|subsequent accounting period when|||
|certain conditions are satisfied|||
|VII. Total comprehensive income|-17,413,288.53|22,611,927.67|

 7. Consolidated Cash Flow Statement Between the Beginning of the Year and End of the Report Period Prepared by: Dongxu Optoelectronic Technology Co., Ltd.
In RMB
||||
|-|-|-|
|Items|Report period|Same period of the previous year|
|I.Cash flows from operating activities|||
|Cash received from sales of goods or|||
||339,652,686.54|146,689,137.04|
|rending of services|||
|Net increase of customer deposits|||

Dongxu Optoelectronic Technology Co., Ltd The Third Quarterly Report 2014
||||
|-|-|-|
|and capital kept for brother company|||
|Net increase of loans from central bank|||
|Net increase of inter-bank loans from|||
|other financial bodies|||
|Cash received against original insurance|||
|contract|||
|Net cash received from reinsurance|||
|business|||
|Net increase of client deposit and|||
|investment|||
|Net increase of trade financial asset|||
|disposal|||
|Cash received as interest, processing fee|||
|and commission|||
|Net increase of inter-bank fund received|||
|Net increase of repurchasing business|||
|Tax returned|79,659,504.90|49,378,420.77|
|Other cash received from business|||
||497,607,985.88|951,949,860.31|
|operation|||
|Sub-total of cash inflow|916,920,177.32|1,148,017,418.12|
|Cash paid for purchasing of|||
||1,938,821,312.57|1,195,557,067.38|
|merchandise and services|||
|Net increase of client trade and advance|||
|Net increase of savings n central bank|||
|and brother company|||
|Cash paid for original contract claim|||
|Cash paid for interest, processing fee|||
|and commission|||
|Cash paid for policy dividend|||
|Cash paid to staffs or paid for staffs|148,651,471.81|139,967,304.97|
|Taxes paid|302,481,514.71|150,251,096.55|
|Other cash paid for business activities|324,341,732.28|1,437,556,966.66|
|Sub-total of cash outflow from business|||
||2,714,296,031.37|2,923,332,435.56|
|activities|||
|Cash flow generated by business|||
||-1,797,375,854.05|-1,775,315,017.44|
|operation, net|||
|II.Cash flow generated by investing|||

Dongxu Optoelectronic Technology Co., Ltd The Third Quarterly Report 2014
||||
|-|-|-|
|Cash received from investment|||
|retrieving|||
|Cash received as investment gains|||
|Net cash retrieved from disposal of|||
|fixed assets, intangible assets, and other||6,626,000.00|
|long-term assets|||
|Net cash received from disposal of|||
|subsidiaries or other operational units|||
|Other investment-related cash received|21,508,443.43||
|Sub-total of cash inflow due to|||
||21,508,443.43|6,626,000.00|
|investment activities|||
|Cash paid for construction of|||
|fixed assets, intangible assets|1,011,509,529.95|1,916,874,558.99|
|and other long-term assets|||
|Cash paid as investment|20,513,728.53||
|Net increase of loan against pledge|||
|Net cash received from subsidiaries and|||
|other operational units|||
|Other cash paid for investment|||
|activities|||
|Sub-total of cash outflow due to|||
||1,032,023,258.48|1,916,874,558.99|
|investment activities|||
|Net cash flow generated by investment|-1,010,514,815.05|-1,910,248,558.99|
|III.Cash flow generated by financing|||
|Cash received as investment||4,970,803,173.33|
|Incl: Cash received as investment from|||
|minor shareholders|||
|Cash received as loans|2,503,900,000.00|1,855,000,000.00|
|Cash received from bond placing|||
|Other financing –related ash received|||
|Sub-total of cash inflow from financing|||
||2,503,900,000.00|6,825,842,205.90|
|activities|||
|Cash to repay debts|490,000,000.00|1,120,000,000.00|
|Cash paid as dividend, profit, or|||
||168,921,838.19|80,960,969.44|
|interests|||
|Incl: Dividend and profit paid by|||
|subsidiaries to minor shareholders|||

Dongxu Optoelectronic Technology Co., Ltd The Third Quarterly Report 2014
||||
|-|-|-|
|Other cash paid for financing activities|17,342,000.61|313,333.33|
|Sub-total of cash outflow due to|||
||676,263,838.80|1,201,274,302.77|
|financing activities|||
|Net cash flow generated by financing|1,827,636,161.20|5,624,567,903.13|
|IV. Influence of exchange rate|||
|alternation on cash and cash equivalents|||
|V.Net increase of cash and cash|||
||-980,254,507.90|1,939,004,326.70|
|equivalents|||
|Add: balance of cash and cash|||
||2,465,010,913.24|110,770,070.84|
|equivalents at the beginning of term|||
|VI ..Balance of cash and cash|||
||1,484,756,405.34|2,049,774,397.54|
|equivalents at the end of term|||

8. Cash Flow Statement of the Parent Between the Beginning of the Year and End of the Report Period Prepared by: Dongxu Optoelectronic Technology Co., Ltd.
In RMB
||||
|-|-|-|
|Items|Report period|Same period of the previous year|
|I.Cash flows from operating activities|||
|Cash received from sales of goods or|||
||21,547,866.83|59,190,598.05|
|rending of services|||
|Tax returned|7,206.86|3,803.58|
|Other cash received from business|||
||803,977,206.72|384,634,320.10|
|operation|||
|Sub-total of cash inflow|825,532,280.41|443,828,721.73|
|Cash paid for purchasing of|||
||12,079,113.86|8,778,008.82|
|merchandise and services|||
|Cash paid to staffs or paid for|||
||7,320,696.05|12,960,746.16|
|staffs|||
|Taxes paid|2,386,361.13|9,447,215.46|
|Other cash paid for business activities|961,917,438.20|1,116,572,468.44|
|Sub-total of cash outflow from business|||
||983,703,609.24|1,147,758,438.88|
|activities|||
|Cash flow generated by business|||
||-158,171,328.83|-703,929,717.15|
|operation, net|||
|II.Cash flow generated by investing|||
|Cash received from investment|||
|retrieving|||

Dongxu Optoelectronic Technology Co., Ltd The Third Quarterly Report 2014
||||
|-|-|-|
|Cash received as investment gains|||
|Net cash retrieved from disposal of|||
|fixed assets, intangible assets, and other||6,626,000.00|
|long-term assets|||
|Net cash received from disposal of|||
|subsidiaries or other operational units|||
|Other investment-related cash received|||
|Sub-total of cash inflow due to|||
|||6,626,000.00|
|investment activities|||
|Cash paid for construction of|||
|fixed assets, intangible assets|||
|and other long-term assets|||
|Cash paid as investment|340,453,728.53|4,189,664,000.00|
|Net cash received from subsidiaries and|||
|other operational units|||
|Other cash paid for investment|||
|activities|||
|Sub-total of cash outflow due to|||
||340,453,728.53|4,189,664,000.00|
|investment activities|||
|Net cash flow generated by investment|-340,453,728.53|-4,183,038,000.00|
|III.Cash flow generated by financing|||
|Cash received as investment||4,970,800,000.00|
|Cash received as loans|600,000,000.00||
|Cash received from bond placing|||
|Other financing –related ash received|||
|Sub-total of cash inflow from|||
||600,000,000.00|4,970,800,000.00|
|financing activities|||
|Cash to repay debts|||
|Cash paid as dividend, profit, or|||
||3,631,449.41||
|interests|||
|Other cash paid for financing activities|||
|Sub-total of cash outflow due to|||
||3,631,449.41||
|financing activities|||
|Net cash flow generated by financing|596,368,550.59|4,970,800,000.00|
|IV. Influence of exchange rate|||
|alternation on cash and cash equivalents|||
|V.Net increase of cash and cash|97,743,493.23|83,832,282.85|

Dongxu Optoelectronic Technology Co., Ltd The Third Quarterly Report 2014
||||
|-|-|-|
|equivalents|||
|Add: balance of cash and cash|||
||29,805,307.79|1,602,670.30|
|equivalents at the beginning of term|||
|VI ..Balance of cash and cash|||
||127,548,801.02|85,434,953.15|
|equivalents at the end of term|||

II.Auditor‘s report
Whether the Q3 report is audited
□ Yes√ No
The Q3 Report is not audited.
Dongxu Optoelectronic Technology Co., Ltd.
Chairman of theBoard：Li Zhaoting
Issue day approved by the Board ofDirectors：October 17,2014