Shenzhen Tellus Holding Co., Ltd.
The Third Quarterly Report For 2019
October 2019
Section I. Important Notice
Board of Directors, Supervisory Committee, all directors, supervisors and senior executives of Shenzhen Tellus Holding Co., Ltd. (hereinafter referred to as the Company) hereby confirm that there are no any fictitious statements, misleading statements, or important omissions carried in this report, and shall take all responsibilities, individual and/or joint, for the reality, accuracy and completion of the whole contents.
All directors are present the meeting of the Board for deliberating the Third Quarter Report of the Company in person.
Fu Chunlong, person in charge of the Company, head of the accounting works Lou Hong and Liu Yuhong, accounting body principals (accountant in charge) hereby confirm that the Financial Report of the Third Quarterly Report is authentic, accurate and complete
Section II. Basic information of Company
I. Main accounting data and index
Whether it has retroactive adjustment or re-statement on previous accounting data or not
□Yes√No
||||||||
|-|-|-|-|-|-|-|
||Current period-end||Period-end of last year||Increase/decrease||
|Total assets (RMB)|1,803,019,053.39||1,658,295,531.00||8.73%||
|Net assets attributable to|1,114,250,727.18||1,050,209,537.35||||
|shareholders of listed company|||||6.10%||
|(RMB)|||||||
|||||||Increase/decrease in|
|||Increase/decrease in|||||
|||||From Year-begin to||comparison with|
||Current period|comparison with same|||||
|||||end of the Period||year-begin to|
|||period of last year (%)|||||
|||||||Period-end of last year|
|Operating revenue (RMB)|147,368,783.52|59.10%||425,637,522.85||46.48%|
|Net profit attributable to|19,261,241.23|||64,041,189.83|||
|shareholders of the listed company||115.93%||||78.68%|
|(RMB)|||||||
|Net profit attributable to|||||||
|shareholders of the listed company|||||||
||17,897,653.01|162.56%||58,491,012.73||102.28%|
|after deducting non-recurring gains|||||||
|and losses (RMB)|||||||
|Net cash flow arising from||||57,968,425.90|||
||--|--|||||
|operating activities (RMB)|||||||
|Basic earnings per share|0.0447|||0.1486|||
|||49.00%||||23.22%|
|(RMB/Share)|||||||
|Diluted earnings per share|0.0447|||0.1486|||
|||49.00%||||23.22%|
|(RMB/Share)|||||||
|Weighted average ROE|1.74%|0.84%||5.92%||2.27%|

 Items and amount of extraordinary profit (gains)/losses
√Applicable □Not applicable
In RMB
||||
|-|-|-|
|Item|Amount from year-begin to||
|||Note|
||end of the Period||
|Gains/losses from the disposal of non-current asset (including thewrite-off that accrued for impairment of assets)|||
||244,106.72|Income from disposal fixed assets|

||||
|-|-|-|
|Governmental subsidy reckoned into current gains/losses (not|||
|including the subsidy enjoyed in quota or ration according to|||
||278,123.14|Government subsidy|
|national standards, which are closely relevant to enterprise’s|||
|business)|||
|Capital occupancy expense, collected from non-financial||Capital occupation fee of|
||56,458.32||
|enterprises and recorded in current gains and losses||joint-stock enterprise|
|Except for effective hedge business relevant to normal operation|||
|of the Company, gains and losses arising from fair value change|||
|of tradable financial assets and tradable financial liabilities, and|7,529,132.94|Income from financing|
|investment income from disposal of tradable financial assets,|||
|tradable financial liabilities and financial assets available for sale|||
|Restoring of receivable impairment provision that tested|||
||460,948.15|Restoring of bad debt provision|
|individually|||
|||The liquidated damages paid for|
|Other non-operating income and expenditure except for the|||
||-746,745.70|early termination of lease from|
|aforementioned items|||
|||Tellus Starlight Jinzun Company|
|Less: impact on income tax|1,875,531.86||
|Impact on minority shareholders’ equity (post-tax)|396,314.61||
|Total|5,550,177.10|--|

Concerning the extraordinary profit (gain)/loss defined byQ&A Announcement No.1 on Information Disclosure for Companies Offering Their Securities to the Public --- Extraordinary Profit/loss, and the items defined as recurring profit (gain)/loss according to the lists of extraordinary profit (gain)/loss inQ&A Announcement No.1 on Information Disclosure for Companies Offering Their Securities to the Public --- Extraordinary Profit/loss, explain reasons
□ Applicable√ Not applicable
In reporting period, the Company has no particular about items defined as recurring profit (gain)/loss according to the lists of extraordinary profit (gain)/loss inQ&A Announcement No.1 on Information Disclosure for Companies Offering Their Securities to the Public --- Extraordinary Profit/loss.
II. Statement of the total shareholders and shares-held of top ten shareholders at end of the Period
1. Number of common shareholders and preference shareholders with voting rights recovered and top ten common shareholders
In share
|||||||||
|-|-|-|-|-|-|-|-|
|||||Total preference shareholders||||
|Total number of common||||||||
|||||with voting rights recovered at||||
|shareholders at the end of report||52,620|||||0|
|||||end of reporting period (if||||
|period||||||||
|||||applicable)||||
|Top ten shareholders||||||||
|Shareholders|Nature of|Proportion of|Amount of shares||Amount of|Number of share pledged/frozen||

||||||||
|-|-|-|-|-|-|-|
||shareholder|shares held|held|restricted shares|||
||||||State of share|Amount|
|||||held|||
|SHENZHENSDG CO., LTD.|State-ownedcorporate|49.09%|211,591,621|0|||
|||||||0|
|Shenzhen CapitalFortune JewelryIndustryInvestmentEnterprise(limitedpartnership)|Domesticnon-state-ownedcorporate|18.89%|81,407,360|0|||
|||||||0|
|GUOTAIJUNANSECURITIES(HONGKONG)LIMITED|Foreigncorporation|0.41%|1,746,091|0|||
|||||||0|
|Agricultural Bankof China Ltd. –CSI 500 ETF|Other|0.23%|997,124|0|||
|||||||0|
|Zuo Min|Domestic natureperson|0.13%|551,500|0|||
|||||||0|
|Hong KongSecuritiesClearingCompany Ltd.|Foreigncorporation|0.12%|497,052|0|||
|||||||0|
|Li Guangxin|Domestic natureperson|0.11%|487,181|0|||
|||||||0|
|Huang Xinchang|Domestic natureperson|0.11%|463,565|0|||
|||||||0|
|He Xing|Domestic natureperson|0.10%|444,135|0|||
|||||||0|
|Zeng Huiming|Foreign natureperson|0.09%|388,640|0|||
|||||||0|
|Particular about top ten shareholders with un-restrict shares held|||||||
||||||Type of shares||
|Shareholders||Amount of un-restrict shares held|||||
||||||Type|Amount|
|SHENZHEN SDG CO., LTD.||211,591,621|||RMB ordinary||
|||||||211,591,621|
||||||shares||
|Shenzhen Capital Fortune JewelryIndustry Investment Enterprise||81,407,360|||RMB ordinary||
|||||||81,407,360|
||||||shares||

|||||
|-|-|-|-|
|(limited partnership)||||
|GUOTAI JUNANSECURITIES(HONGKONG)LIMITED|1,746,091|Domestically||
|||listed foreign|1,746,091|
|||shares||
|Agricultural Bank of China Ltd. –CSI 500 ETF|997,124|RMB ordinary||
||||997,124|
|||shares||
|Zuo Min|551,500|RMB ordinary||
||||551,500|
|||shares||
|Hong Kong Securities ClearingCompany Ltd.|497,052|RMB ordinary||
||||497,052|
|||shares||
|Li Guangxin|487,181|Domestically||
|||listed foreign|487,181|
|||shares||
|Huang Xinchang|463,565|RMB ordinary||
||||463,565|
|||shares||
|He Xing|444,135|Domestically||
|||listed foreign|444,135|
|||shares||
|Zeng Huiming|388,640|Domestically||
|||listed foreign|388,640|
|||shares||
||Among the top ten shareholders, there exists no associated relationship between the|||
||state-owned legal person’s shareholders Shenzhen SDG Co., Ltd and other shareholders, and|||
|Explanation on associated||||
||they do not belong to the consistent actionist regulated by the Management Measure of|||
|relationship among the top ten||||
||Information Disclosure on Change of Shareholding for Listed Companies. For the other|||
|shareholders or consistent action||||
||shareholders of circulation share, the Company is unknown whether they belong to the|||
||consistent actionist.|||
||Shareholder Zuo Min holds 551,500 shares of the Company through security account for|||
|Explanation on top ten common|credit transactions, and holds 0 share of the Company via common security account, 551,500|||
|shareholders involving margin|shares are held in total by Huang. Shareholder Huang Xinchang holds 463,565 shares of the|||
|business (if applicable)|Company through security account for credit transactions, and holds 0 share of the Company|||
||via common security account, 463,565 shares are held in total by Huang.|||

Whether top ten common shareholders or top ten common shareholders with un-restrict shares held have a buy-back agreement dealing in reporting period
□ Yes√ No
The top ten common shareholders or top ten common shareholders with un-restrict shares held of the Company have no buy-back agreement dealing in reporting period.
2. Total of shareholders with preferred stock held and the top ten shareholdings
□Applicable √Not applicable
Section III. Important events
I. Particular about major changes from items of main accounting statements and financial indexes as well as reasons
√ Applicable□Not applicable
|||||||
|-|-|-|-|-|-|
|Balance Sheet||||||
|Assets|Closing balance|Opening balance|Amount changed|Ratiochanged|Causes|
|Monetary Fund|216,483,610.67|169,512,260.69|46,971,349.98|27.71%|Equity transfer account of Xinglongreceived|
|Accountreceivable|117,114,399.06|86,104,660.51|31,009,738.55|36.01%|Account receivable for jewelrywholesale from Sichuan JewelryCompany increased|
|Inventory|6,597,660.18|12,342,854.40|-5,745,194.22|-46.55%|Stock vehicles from Huari Companyat period-end declined|
|Other currentassets|638,927.07|2,032,494.44|-1,393,567.37|-68.56%|Carry forward the pending deductVAT on purchase|
|Long termequityinvestment|158,081,935.09|224,644,766.21|-66,562,831.12|-29.63%|Bonus from share-participatedenterprise Dongfeng Company andZungfu Tellus|
|Short-term loans|93,000,000.00|143,000,000.00|-50,000,000.00|-34.97%|Bank loans payment|
|Long-term loans||34,934,887.55|-34,934,887.55||Bank loans payment|
|Retained profit|248,576,512.53|184,535,322.70|64,041,189.83|34.70%|Net profit attributable to owners ofparent company increased in theperiod|
|Minority’sinterest|70,442,622.70|49,072,678.52|21,369,944.18|43.55%|Investment contribution from minorityare received by Sichuan JewelryCompany in the period|
|Account paid inadvance|15,852,711.86|9,112,473.27|6,740,238.59|73.97%|Account of vehicle procurement paidin advance from Huari Company|
|Other accountreceivable|49,085,800.83|14,483,208.41|34,602,592.42|238.92%|Bonus receivable fromshare-participated enterprise|
|Fixed assets|108,004,259.57|112,674,017.53|-4,669,757.96|-4.14%||
|Construction inprogress|95,457,077.32|12,843,571.97|82,613,505.35|643.23%|Initial investment for the 2nd phaseproject of Jewelry Building|
|Accountpayable|64,910,586.04|73,365,876.09|-8,455,290.05|-11.52%|Account for the 1st phase project ofJewelry Building paid|
|Account|12,422,345.77|15,897,763.97|-3,475,418.20|-21.86%|Vehicle-sales account received by|

||||||||
|-|-|-|-|-|-|-|
|received inadvance||||||Huari Company are carry-over asincome|
|Other payable|398,643,695.11||250,489,094.47|148,154,600.64|59.15%|Account of the equity transfer ofXinglong Company ready for carryforward|
|Investment realestate|490,052,228.96||503,922,413.70|-13,870,184.74|-2.75%||
|Long-termdeferredexpenses|11,049,156.07||6,304,607.22|4,744,548.85|75.26%|Decoration charge increased|
|Other noncurrent assets|100,000.00||3,356,964.72|-3,256,964.72|-97.02%|The account of engineering paid inadvance are carry forward toconstruction in progress|
|Transactionalfinancial assets|364,882,733.47||330,400,000.00|34,482,733.47|10.44%|Purchasing more financial products|
|Profit statement|||||||
|Item||This cumulative|Same period lastyear|Amount changed|Ratiochanged|Causes|
|Taxes andadditional||4,319,838.32|4,328,002.45|-8,164.13|-0.19%||
|Income frominvestment||22,566,849.89|24,781,246.51|-2,214,396.62|-8.94%|Investment income from shareholdingcorporation decreased|
|Net profitattributable toshareholders oflisted companies||64,041,189.83|35,840,454.89|28,200,734.94|78.68%|Operation profit from 1st phase projectof Jewelry Building increased|
|Financialexpenses||4,716,086.24|4,664,936.72|51,149.52|1.10%||
|Assetsimpairment loss||-11,907.69|-383,789.39|371,881.70||Provision for bad debts is reversed|
|Income tax||10,188,689.49|3,512,202.79|6,676,486.70|190.09%|Operation profit increased|
|Operating income||425,637,522.85|290,580,852.31|135,056,670.54|46.48%|Operation income from 1st phaseproject of Jewelry Building increasedon a y-o-y basis|
|Operating cost||323,317,036.00|225,063,206.15|98,253,829.85|43.66%|Operating cost increased with thegrowth of income|
|Sales expenses||14,256,308.73|13,044,897.24|1,211,411.49|9.29%|Operation expenses for 1st phaseproject of Jewelry Building increased|
|Management||26,035,385.25|28,759,511.53|-2,724,126.28|-9.47%|Remuneration declined due to the|

|||||||
|-|-|-|-|-|-|
|expenses|||||decrease of staffs, and routineexpenses are in control|
|Cash flow statement||||||
|Item|This cumulative|Same period lastyear|Amount changed|Ratiochanged|Causes|
|Net cash flowarising frominvestmentactivities|70,629,412.84|-571,829.95|71,201,242.79||In-flow refers to the equity transfer|
||||||account of Xinglong received;|
||||||out-flow refers to the initial|
||||||investment for the 2nd phase project of|
||||||Jewelry Building|
|Net cash flowarising fromfinancingactivities|-81,626,498.60|18,901,213.52|-100,527,712.12|||
||||||Bank loans paid to the bank increased|
||||||on a y-o-y basis|
|Net increase ofcash and cashequivalent|46,971,349.98|-7,650,223.64|54,621,573.62|||
|Net cash flowarising fromoperationactivities|57,968,425.90|-25,979,677.74|83,948,103.64||Operation income from 1st phaseproject of Jewelry Building increasedon a y-o-y basis|

II. Progress and influence of the main events as well as solution analysis specification
√Applicable□Not applicable
Sales of the43% equity of Shenzhen Xinglong Machinery Mould Co., Ltd.
On 12 December 2017 and on 28 December 2017, the 13th extraordinary meeting of 8th BOD and the 3rd extraordinary general meeting of 2017 were holding for deliberated and approved the Proposal on selling43% equity of Shenzhen Xinglong Machinery Mould Co., Ltd., that is, agreed to selling43% equity of Shenzhen Xinglong Machinery Mould Co., Ltd, the share-participated enterprise, through public listing with not less than the asset appraisal value 286.0171 million Yuan. After transaction, the Company no longer holds equity of Shenzhen Xinglong Machinery Mould Co., Ltd. Relevant content found in the Notice on selling43% equity of Shenzhen Xinglong Machinery Mould Co., Ltd. (Notice No.: 2017-095) released on Securities Times, Hong Kong Commercial Daily and Juchao Website (http://www.cninfo.com.cn)
On 26 March 2018, the43% equity of Shenzhen Xinglong Machinery Mould Co., Ltd are transferred by listing on Shenzhen United Property and Share Rights Exchange. According to the trading result from Shenzhen United Property and Share Rights Exchange till end of the listing, Shenzhen Runhe United Investment Development Co., Ltd (hereinafter referred to as Runhe) is the ultimate transferee with price of 286.67 million Yuan for transferring. Cash deposit 30 million Yuan are paid to Shenzhen United Property and Share Rights Exchange by Runhe. On 15 June 2018, the Company entered into an State-owned Assets Transfer Agreement with Runhe, the43% equity of Shenzhen Xinglong Machinery Mould Co., Ltd will transfer with price of 286.67 million Yuan. Relevant
content found in the Progress of selling43% equity of Shenzhen Xinglong Machinery Mould Co., Ltd. (Notice No.: 2018-040)
released on Securities Times, Hong Kong Commercial Daily and Juchao Website (http://www.cninfo.com.cn)
Up to 13 August 2019, the total transfer amount 286.67 million Yuan and interest 9.0281 million Yuan are collected by the Company, all account agreed on supplemental agreement and the State-owned Assets Transfer Agreement are received by the Company. Relevant content found in the Progress of selling43% equity of Shenzhen Xinglong Machinery Mould Co., Ltd. (Notice No.: 2019-028) released on Securities Times, Hong Kong Commercial Daily and Juchao Website (http://www.cninfo.com.cn)
On 8 October 2019, The industrial and commercial change registration procedures for the equity transfer of Shenzhen Xinglong Machinery Mould Co., Ltd was completed. After registration change completed, the Company no longer holds equity of Shenzhen Xinglong Machinery Mould Co., Ltd and the transaction has been completed. Relevant content found in the Notice of industrial& commercial registration of changes on selling43% equity of Shenzhen Xinglong Machinery Mould Co., Ltd. (Notice No.: 2019-037) released on Securities Times, Hong Kong Commercial Daily and Juchao Website (http://www.cninfo.com.cn)
||||
|-|-|-|
|||Information index for temporary report|
|Overview|Date for disclosure||
|||disclosure|
|Sales of the 43% equity of ShenzhenXinglong Machinery Mould Co., Ltd.||Found more in the Notice on selling 43%|
|||equity of Shenzhen Xinglong Machinery|
|||Mould Co., Ltd. (Notice No.: 2017-095)|
||2017-12-13||
|||released on Securities Times, Hong Kong|
|||Commercial Daily and Juchao Website|
|||(http://www.cninfo.com.cn)|
|||Found more in the Progress of selling 43%|
|||equity of Shenzhen Xinglong Machinery|
|||Mould Co., Ltd. (Notice No.: 2018-040)|
||2018-06-20||
|||released on Securities Times, Hong Kong|
|||Commercial Daily and Juchao Website|
|||(http://www.cninfo.com.cn)|
|||Found more in the Progress of selling 43%|
|||equity of Shenzhen Xinglong Machinery|
|||Mould Co., Ltd. (Notice No.: 2019-028)|
||2019-08-16||
|||released on Securities Times, Hong Kong|
|||Commercial Daily and Juchao Website|
|||(http://www.cninfo.com.cn)|
|||Found more in the Notice of industrial &|
|||commercial registration of changes on|
|||selling 43% equity of Shenzhen Xinglong|
||2019-10-11|Machinery Mould Co., Ltd. (Notice No.:|
|||2019-037) released on Securities Times,|
|||Hong Kong Commercial Daily and Juchao|
|||Website (http://www.cninfo.com.cn)|

 Progress of shares buy-back
□Applicable√Not applicable
Implementation progress of the reduction of repurchases shares by centralized bidding
□Applicable√Not applicable
III. Commitments that the actual controller, shareholders, related party, acquirer and the Company etc. have fulfilled during the reporting period and have not yet fulfilled by the end of reporting period
□ Applicable√ Not applicable
There are no commitments that the actual controller, shareholders, related party, acquirer and the Company etc. have fulfilled during the reporting period and have not yet fulfilled by the end of reporting period.
IV. Particular about security investment
□ Applicable√ Not applicable
The Company had no security investment in Period.
V. Entrust finance
√Applicable□Not applicable
In 10 thousand Yuan
||||||
|-|-|-|-|-|
|Type|Capital sources|Amount entrust|Unexpired balance|Overdue amount|
|Bank financial products|Own funds|36,488.27|36,488.27|0|
|Total||36,488.27|36,488.27|0|

 Details of the single major amount, or high-risk entrust investment with low security, poor fluidity and non-guaranteed:
□ Applicable√ Not applicable
Entrust financial expected to be unable to recover the principal or impairment might be occurred
□ Applicable√ Not applicable
VI. Particulars about derivatives investment
□ Applicable√ Not applicable
The Company had no derivatives investment in Period.
VII. Registration form for receiving research, communication and interview in the report period
□ Applicable√ Not applicable
No registration form for receiving research, communication or interview in the Period.
VIII. Guarantee outside against the regulation
□Applicable√Not applicable
The Company had no guarantee outside against the regulation in the reporting period.
IX. Non-operational fund occupation from controlling shareholders and its related party□ Applicable√ Not applicable
The Company had no non-operational fund occupation form controlling shareholders and its related party in the period.
Section IV. Financial Statement
I. Financial statement
1. Consolidate balance sheet
Prepared by Shenzhen Tellus Holding Co., Ltd.
2019-09-30
In RMB
||||
|-|-|-|
|Item|2019-9-30|2018-12-31|
|Current assets:|||
|Monetary funds|216,483,610.67|169,512,260.69|
|Settlement provisions|||
|Capital lent|||
|Tradable financial assets|364,882,733.47||
|Financial assets measured by fair|||
|value and with variation reckoned into|||
|current gains/losses|||
|Derivative financial assets|||
|Note receivable|||
|Account receivable|117,114,399.06|86,104,660.51|
|Receivable financing|||
|Accounts paid in advance|15,852,711.86|9,112,473.27|
|Insurance receivable|||
|Reinsurance receivables|||
|Contract reserve of reinsurance|||
|receivable|||
|Other account receivable|49,085,800.83|14,483,208.41|
|Including: Interest receivable|1,031,521.11|723,407.50|
|Dividend receivable|39,100,548.07|232,683.74|
|Buying back the sale of financial|||
|assets|||
|Inventories|6,597,660.18|12,342,854.40|
|Contractual assets|||
|Assets held for sale|85,017,251.77|85,017,251.77|

||||
|-|-|-|
|Non-current asset due within one|||
|year|||
|Other current assets|638,927.07|332,432,494.44|
|Total current assets|855,673,094.91|709,005,203.49|
|Non-current assets:|||
|Loans and payments on behalf|||
|Debt investment|||
|Finance asset available for sales||10,176,617.20|
|Other debt investment|||
|Held-to-maturity investment|||
|Long-term account receivable|||
|Long-term equity investment|158,081,935.09|224,644,766.21|
|Investment in other equity|||
||10,176,617.20||
|instrument|||
|Other non-current financial assets|||
|Investment real estate|490,052,228.96|503,922,413.70|
|Fixed assets|108,004,259.57|112,674,017.53|
|Construction in progress|95,457,077.32|12,843,571.97|
|Productive biological asset|||
|Oil and gas asset|||
|Right-of-use assets|||
|Intangible assets|50,098,804.21|51,012,282.25|
|Expense on Research and|||
|Development|||
|Goodwill|||
|Long-term deferred expenses|11,049,156.07|6,304,607.22|
|Deferred income tax asset|24,325,880.06|24,355,086.71|
|Other non-current asset|100,000.00|3,356,964.72|
|Total non-current asset|947,345,958.48|949,290,327.51|
|Total assets|1,803,019,053.39|1,658,295,531.00|
|Current liabilities:|||
|Short-term loans|93,000,000.00|143,000,000.00|
|Loan from central bank|||
|Capital borrowed|||
|Tradable financial liability|||

||||
|-|-|-|
|Financial liability measured by fair|||
|value and with variation reckoned into|||
|current gains/losses|||
|Derivative financial liability|||
|Note payable|||
|Account payable|64,910,586.04|73,365,876.09|
|Accounts received in advance|12,422,345.77|15,897,763.97|
|Contractual liability|||
|Selling financial asset of|||
|repurchase|||
|Absorbing deposit and inter-bank|||
|deposit|||
|Security trading of agency|||
|Security sales of agency|||
|Wage payable|26,752,456.35|25,802,670.36|
|Taxes payable|16,450,991.12|9,377,393.57|
|Other account payable|398,643,695.11|250,489,094.47|
|Including: Interest payable||290,215.78|
|Dividend payable|||
|Commission charge and|||
|commission payable|||
|Reinsurance payable|||
|Liability held for sale|||
|Non-current liabilities due within|||
|one year|||
|Other current liabilities|||
|Total current liabilities|612,180,074.39|517,932,798.46|
|Non-current liabilities:|||
|Insurance contract reserve|||
|Long-term loans||34,934,887.55|
|Bonds payable|||
|Including: Preferred stock|||
|Perpetual capital|||
|securities|||
|Lease liability|||
|Long-term account payable|3,920,160.36|3,920,160.36|

||||
|-|-|-|
|Long-term wages payable|||
|Accrual liability|2,225,468.76|2,225,468.76|
|Deferred income|||
|Deferred income tax liabilities|||
|Other non-current liabilities|||
|Total non-current liabilities|6,145,629.12|41,080,516.67|
|Total liabilities|618,325,703.51|559,013,315.13|
|Owner’s equity:|||
|Share capital|431,058,320.00|297,281,600.00|
|Other equity instrument|||
|Including: Preferred stock|||
|Perpetual capital|||
|securities|||
|Capital public reserve|431,449,554.51|565,226,274.51|
|Less: Inventory shares|||
|Other comprehensive income|26,422.00|26,422.00|
|Reasonable reserve|||
|Surplus public reserve|3,139,918.14|3,139,918.14|
|Provision of general risk|||
|Retained profit|248,576,512.53|184,535,322.70|
|Total owner’ s equity attributable to|||
||1,114,250,727.18|1,050,209,537.35|
|parent company|||
|Minority interests|70,442,622.70|49,072,678.52|
|Total owner’ s equity|1,184,693,349.88|1,099,282,215.87|
|Total liabilities and owner’ s equity|1,803,019,053.39|1,658,295,531.00|

 Legal Representative: Fu Chunlong
Person in charge of accounting works: Lou Hong
Person in charge of accounting institute: Liu Yuhong
2. Balance Sheet of Parent Company
In RMB
||||
|-|-|-|
|Item|2019-9-30|2018-12-31|
|Current assets:|||

||||
|-|-|-|
|Monetary funds|119,812,756.04|88,836,626.14|
|Tradable financial assets|205,000,000.00||
|Financial assets measured by fair|||
|value and with variation reckoned into|||
|current gains/losses|||
|Derivative financial assets|||
|Note receivable|||
|Account receivable|576,766.00|38,274.00|
|Receivable financing|||
|Accounts paid in advance|1,742,930.09|604,800.00|
|Other account receivable|127,847,295.53|115,782,944.37|
|Including: Interest receivable|1,031,521.11|723,407.50|
|Dividend receivable||232,683.74|
|Inventories|||
|Contractual assets|||
|Assets held for sale|85,017,251.77|85,017,251.77|
|Non-current assets maturing within|||
|one year|||
|Other current assets||195,506,958.35|
|Total current assets|539,996,999.43|485,786,854.63|
|Non-current assets:|||
|Debt investment|||
|Available-for-sale financial assets||10,176,617.20|
|Other debt investment|||
|Held-to-maturity investments|||
|Long-term receivables|||
|Long-term equity investments|843,151,275.42|836,283,491.38|
|Investment in other equity|||
||10,176,617.20||
|instrument|||
|Other non-current financial assets|||
|Investment real estate|40,342,835.21|44,820,151.69|
|Fixed assets|14,143,782.45|14,824,845.14|
|Construction in progress|75,806,992.10|12,843,571.97|
|Productive biological assets|||
|Oil and natural gas assets|||

||||
|-|-|-|
|Right-of-use assets|||
|Intangible assets|218,848.39|249,731.94|
|Research and development costs|||
|Goodwill|||
|Long-term deferred expenses|4,926,828.62|2,958,817.65|
|Deferred income tax assets|13,801,162.99|13,830,369.64|
|Other non-current assets|||
|Total non-current assets|1,002,568,342.38|935,987,596.61|
|Total assets|1,542,565,341.81|1,421,774,451.24|
|Current liabilities:|||
|Short-term borrowings|93,000,000.00|143,000,000.00|
|Tradable financial liability|||
|Financial liability measured by fair|||
|value and with variation reckoned into|||
|current gains/losses|||
|Derivative financial liability|||
|Notes payable|||
|Account payable|14,000.00|19,800.00|
|Accounts received in advance|1,261,904.82|4,742.51|
|Contractual liability|||
|Wage payable|4,789,472.99|4,858,788.51|
|Taxes payable|1,007,249.08|331,909.65|
|Other accounts payable|537,747,555.97|392,558,990.89|
|Including: Interest payable||232,810.41|
|Dividend payable|||
|Liability held for sale|||
|Non-current liabilities due within|||
|one year|||
|Other current liabilities|||
|Total current liabilities|637,820,182.86|540,774,231.56|
|Non-current liabilities:|||
|Long-term loans|||
|Bonds payable|||
|Including: preferred stock|||
|Perpetual capital|||

||||
|-|-|-|
|securities|||
|Lease liability|||
|Long-term account payable|||
|Long term employee compensation|||
|payable|||
|Accrued liabilities|||
|Deferred income|||
|Deferred income tax liabilities|||
|Other non-current liabilities|||
|Total non-current liabilities|||
|Total liabilities|637,820,182.86|540,774,231.56|
|Owners’ equity:|||
|Share capital|431,058,320.00|297,281,600.00|
|Other equity instrument|||
|Including: preferred stock|||
|Perpetual capital|||
|securities|||
|Capital public reserve|428,256,131.23|562,032,851.23|
|Less: Inventory shares|||
|Other comprehensive income|||
|Reasonable reserve|||
|Surplus public reserve|3,139,918.14|3,139,918.14|
|Retained profit|42,290,789.58|18,545,850.31|
|Total owner’s equity|904,745,158.95|881,000,219.68|
|Total liabilities and owner’s equity|1,542,565,341.81|1,421,774,451.24|

 3. Consolidated Profit Statement (the period)
In RMB
||||
|-|-|-|
|Item|Current Period|Last Period|
|I. Total operating income|147,368,783.52|92,625,770.58|
|Including: Operating income|147,368,783.52|92,625,770.58|
|Interest income|||
|Insurance gained|||
|Commission charge and|||
|commission income|||

||||
|-|-|-|
|II. Total operating cost|129,187,557.75|88,951,107.77|
|Including: Operating cost|112,823,023.58|71,323,254.04|
|Interest expense|||
|Commission charge and|||
|commission expense|||
|Cash surrender value|||
|Net amount of expense of|||
|compensation|||
|Net amount of withdrawal of|||
|insurance contract reserve|||
|Bonus expense of guarantee slip|||
|Reinsurance expense|||
|Tax and extras|1,351,673.26|1,405,380.53|
|Sales expense|4,897,794.44|4,706,989.97|
|Administrative expense|9,156,755.99|9,622,419.12|
|R&D expense|||
|Financial expense|958,310.48|1,893,064.11|
|Including: Interest|||
||1,159,928.56|2,406,812.68|
|expenses|||
|Interest income|-2,556,683.27|-572,214.18|
|Add: other income|271,511.85||
|Investment income (Loss is|||
||5,855,398.96|6,915,224.26|
|listed with “-”)|||
|Including: Investment income|||
||4,262,192.41|5,047,631.61|
|on affiliated company and joint venture|||
|The termination of income|||
|recognition for financial assets measured|||
|by amortized cost(Loss is listed with “-”)|||
|Exchange income (Loss is|||
|listed with “-”)|||
|Net exposure hedging income|||
|(Loss is listed with “-”)|||
|Income from change of fair|||
|value (Loss is listed with “-”)|||
|Loss of credit impairment|||
||174,862.69||
|(Loss is listed with “-”)|||
|Losses of devaluation of asset|||
||-11,907.69|8,250.86|
|(Loss is listed with “-”)|||

||||
|-|-|-|
|Income from assets disposal|||
||140,947.04||
|(Loss is listed with “-”)|||
|III. Operating profit (Loss is listed with|||
||24,612,038.62|10,598,137.93|
|“-”)|||
|Add: Non-operating income|-31,383.75|-1,088.56|
|Less: Non-operating expense|1,587.39|-4,080.68|
|IV. Total profit (Loss is listed with “-”)|24,579,067.48|10,601,130.05|
|Less: Income tax expense|4,150,432.73|1,624,729.02|
|V. Net profit (Net loss is listed with “-”)|20,428,634.75|8,976,401.03|
|(i) Classify by business continuity|||
|1.continuous operating net profit|||
||20,428,634.75|8,976,401.03|
|(net loss listed with ‘-”)|||
|2.termination of net profit (net loss|||
|listed with ‘-”)|||
|(ii) Classify by ownership|||
|1.Net profit attributable to owner’s|||
||19,261,241.23|8,920,175.03|
|of parent company|||
|2.Minority shareholders’ gains and|||
||1,167,393.52|56,226.00|
|losses|||
|VI. Net after-tax of other comprehensive|||
|income|||
|Net after-tax of other comprehensive|||
|income attributable to owners of parent|||
|company|||
|(I) Other comprehensive income|||
|items which will not be reclassified|||
|subsequently to profit of loss|||
|1.Changes of the defined|||
|benefit plans that re-measured|||
|2.Other comprehensive|||
|income under equity method that cannot|||
|be transfer to gain/loss|||
|3.Change of fair value of|||
|investment in other equity instrument|||
|4.Fair value change of|||
|enterprise's credit risk|||
|5. Other|||
|(ii) Other comprehensive income|||

||||
|-|-|-|
|items which will be reclassified|||
|subsequently to profit or loss|||
|1.Other comprehensive|||
|income under equity method that can|||
|transfer to gain/loss|||
|2.Change of fair value of|||
|other debt investment|||
|3.gain/loss of fair value|||
|changes for available-for-sale financial|||
|assets|||
|4.Amount of financial assets|||
|re-classify to other comprehensive|||
|income|||
|5.Gain/loss of|||
|held-to-maturity investments that|||
|re-classify to available-for-sale financial|||
|asset|||
|6.Credit impairment|||
|provision for other debt investment|||
|7.Cash flow hedging reserve|||
|8.Translation differences|||
|arising on translation of foreign currency|||
|financial statements|||
|9.Other|||
|Net after-tax of other comprehensive|||
|income attributable to minority|||
|shareholders|||
|VII. Total comprehensive income|20,428,634.75|8,976,401.03|
|Total comprehensive income|||
||19,261,241.23|8,920,175.03|
|attributable to owners of parent Company|||
|Total comprehensive income|||
||1,167,393.52|56,226.00|
|attributable to minority shareholders|||
|VIII. Earnings per share:|||
|(i) Basic earnings per share|0.0447|0.0300|
|(ii) Diluted earnings per share|0.0447|0.0300|

 As for the enterprise combined under the same control, net profit of 0 Yuan achieved by the merged party before combination while 0 Yuan achieved last period.
Legal Representative: Fu Chunlong
Person in charge of accounting works: Lou Hong
Person in charge of accounting institute: Liu Yuhong
4. Profit Statement of Parent Company (the period)
In RMB
||||
|-|-|-|
|Item|Current Period|Last Period|
|I. Operating income|9,291,270.65|10,104,292.39|
|Less: Operating cost|874,952.45|896,708.01|
|Taxes and surcharge|330,105.68|355,004.57|
|Sales expenses|||
|Administration expenses|4,592,365.64|4,612,015.01|
|R&D expenses|||
|Financial expenses|966,496.79|1,351,989.53|
|Including: interest|||
||1,114,808.00|1,751,845.41|
|expenses|||
|Interest income|-1,853,888.60|-403,986.67|
|Add: other income|||
|Investment income (Loss is|||
||4,921,934.63|5,373,321.58|
|listed with “-”)|||
|Including: Investment income|||
||3,991,312.37|4,272,105.15|
|on affiliated Company and joint venture|||
|The termination of|||
|income recognition for financial assets|||
|measured by amortized cost (Loss is|||
|listed with “-”)|||
|Net exposure hedging income|||
|(Loss is listed with “-”)|||
|Income from change of fair|||
|value (Loss is listed with “-”)|||
|Loss of credit impairment|||
|(Loss is listed with “-”)|||
|Losses of devaluation of asset|||
|(Loss is listed with “-”)|||
|Income from assets disposal|||
|(Loss is listed with “-”)|||
|II. Operating profit (Loss is listed with|||
||7,449,284.72|8,261,896.85|
|“-”)|||
|Add: Non-operating income|6,940.95|2,410.52|
|Less: Non-operating expense|||

||||
|-|-|-|
|III. Total Profit (Loss is listed with “-”)|7,456,225.67|8,264,307.37|
|Less: Income tax|9,735.55|9,735.55|
|IV. Net profit (Net loss is listed with|||
||7,446,490.12|8,254,571.82|
|“-”)|||
|(i)continuous operating net profit|||
||7,446,490.12|8,254,571.82|
|(net loss listed with ‘-”)|||
|(ii) termination of net profit (net|||
|loss listed with ‘-”)|||
|V. Net after-tax of other comprehensive|||
|income|||
|(I) Other comprehensive income|||
|items which will not be reclassified|||
|subsequently to profit of loss|||
|1.Changes of the defined|||
|benefit plans that re-measured|||
|2.Other comprehensive|||
|income under equity method that cannot|||
|be transfer to gain/loss|||
|3.Change of fair value of|||
|investment in other equity instrument|||
|4.Fair value change of|||
|enterprise's credit risk|||
|5. Other|||
|(II) Other comprehensive income|||
|items which will be reclassified|||
|subsequently to profit or loss|||
|1.Other comprehensive|||
|income under equity method that can|||
|transfer to gain/loss|||
|2.Change of fair value of|||
|other debt investment|||
|3.gain/loss of fair value|||
|changes for available-for-sale financial|||
|assets|||
|4.Amount of financial|||
|assets re-classify to other|||
|comprehensive income|||
|5.Gain/loss of|||
|held-to-maturity investments that|||

||||
|-|-|-|
|re-classify to available-for-sale financialasset|||
|6.Credit impairmentprovision for other debt investment|||
|7.Cash flow hedgingreserve|||
|8.Translation differences|||
|arising on translation of foreign|||
|currency financial statements|||
|9.Other|||
|VI. Total comprehensive income|7,446,490.12|8,254,571.82|
|VII. Earnings per share:|||
|(i) Basic earnings per share|0.0173|0.0278|
|(ii) Diluted earnings per share|0.0173|0.0278|

 5. Consolidated Profit Statement (form the year-begin to the period-end)
In RMB
||||
|-|-|-|
|Item|Current Period|Last Period|
|I. Total operating income|425,637,522.85|290,580,852.31|
|Including: Operating income|425,637,522.85|290,580,852.31|
|Interest income|||
|Insurance gained|||
|Commission charge and|||
|commission income|||
|II. Total operating cost|372,644,654.54|275,860,554.09|
|Including: Operating cost|323,317,036.00|225,063,206.15|
|Interest expense|||
|Commission charge and|||
|commission expense|||
|Cash surrender value|||
|Net amount of expense of|||
|compensation|||
|Net amount of withdrawal of|||
|insurance contract reserve|||
|Bonus expense of guarantee slip|||
|Reinsurance expense|||

||||
|-|-|-|
|Tax and extras|4,319,838.32|4,328,002.45|
|Sales expense|14,256,308.73|13,044,897.24|
|Administrative expense|26,035,385.25|28,759,511.53|
|R&D expense|||
|Financial expense|4,716,086.24|4,664,936.72|
|Including: Interest|||
||5,925,865.62|6,088,906.21|
|expenses|||
|Interest income|-1,404,628.58|-1,625,516.25|
|Add: other income|278,123.14||
|Investment income (Loss is|||
||22,566,849.89|24,781,246.51|
|listed with “-”)|||
|Including: Investment income|||
||15,037,716.95|17,842,932.43|
|on affiliated company and joint venture|||
|The termination of income|||
|recognition for financial assets measured|||
|by amortized cost(Loss is listed with “-”)|||
|Exchange income (Loss is|||
|listed with “-”)|||
|Net exposure hedging income|||
|(Loss is listed with “-”)|||
|Income from change of fair|||
|value (Loss is listed with “-”)|||
|Loss of credit impairment|||
||276,528.83||
|(Loss is listed with “-”)|||
|Losses of devaluation of asset|||
||-11,907.69|-383,789.39|
|(Loss is listed with “-”)|||
|Income from assets disposal|||
||244,106.72||
|(Loss is listed with “-”)|||
|III. Operating profit (Loss is listed with|||
||76,346,569.20|39,117,755.34|
|“-”)|||
|Add: Non-operating income|88,241.69|33,305.83|
|Less: Non-operating expense|834,987.39|95,607.63|
|IV. Total profit (Loss is listed with “-”)|75,599,823.50|39,055,453.54|
|Less: Income tax expense|10,188,689.49|3,512,202.79|
|V. Net profit (Net loss is listed with “-”)|65,411,134.01|35,543,250.75|
|(i) Classify by business continuity|||
|1.continuous operating net profit|||
||65,411,134.01|35,543,250.75|
|(net loss listed with ‘-”)|||

||||
|-|-|-|
|2.termination of net profit (net loss|||
|listed with ‘-”)|||
|(ii) Classify by ownership|||
|1.Net profit attributable to owner’s|||
||64,041,189.83|35,840,454.89|
|of parent company|||
|2.Minority shareholders’ gains and|||
||1,369,944.18|-297,204.14|
|losses|||
|VI. Net after-tax of other comprehensive|||
|income|||
|Net after-tax of other comprehensive|||
|income attributable to owners of parent|||
|company|||
|(I) Other comprehensive income|||
|items which will not be reclassified|||
|subsequently to profit of loss|||
|1.Changes of the defined|||
|benefit plans that re-measured|||
|2.Other comprehensive|||
|income under equity method that cannot|||
|be transfer to gain/loss|||
|3.Change of fair value of|||
|investment in other equity instrument|||
|4.Fair value change of|||
|enterprise's credit risk|||
|5. Other|||
|(ii) Other comprehensive income|||
|items which will be reclassified|||
|subsequently to profit or loss|||
|1.Other comprehensive|||
|income under equity method that can|||
|transfer to gain/loss|||
|2.Change of fair value of|||
|other debt investment|||
|3.gain/loss of fair value|||
|changes for available-for-sale financial|||
|assets|||
|4.Amount of financial assets|||
|re-classify to other comprehensive|||
|income|||

||||
|-|-|-|
|5.Gain/loss of|||
|held-to-maturity investments that|||
|re-classify to available-for-sale financial|||
|asset|||
|6.Credit impairment|||
|provision for other debt investment|||
|7.Cash flow hedging reserve|||
|8.Translation differences|||
|arising on translation of foreign currency|||
|financial statements|||
|9.Other|||
|Net after-tax of other comprehensive|||
|income attributable to minority|||
|shareholders|||
|VII. Total comprehensive income|65,411,134.01|35,543,250.75|
|Total comprehensive income|64,041,189.83||
|||35,840,454.89|
|attributable to owners of parent Company|||
|Total comprehensive income|1,369,944.18||
|||-297,204.14|
|attributable to minority shareholders|||
|VIII. Earnings per share:|||
|(i) Basic earnings per share|0.1486|0.1206|
|(ii) Diluted earnings per share|0.1486|0.1206|

 As for the enterprise combined under the same control, net profit of 0 Yuan achieved by the merged party before combination while 0 Yuan achieved last period.
Legal Representative: Fu Chunlong
Person in charge of accounting works: Lou Hong
Person in charge of accounting institute: Liu Yuhong
6. Profit Statement of Parent Company (form the year-begin to the period-end)
In RMB
||||
|-|-|-|
|Item|Current Period|Last Period|
|I. Operating income|28,403,325.20|30,187,788.81|
|Less: Operating cost|2,649,509.45|2,739,034.23|
|Taxes and surcharge|1,116,336.75|1,173,658.99|
|Sales expenses|||
|Administration expenses|13,099,860.82|12,598,259.32|
|R&D expenses|||

||||
|-|-|-|
|Financial expenses|3,742,293.34|3,567,639.16|
|Including: interest|||
||4,725,451.70|4,783,798.05|
|expenses|||
|Interest income|-1,002,153.90|-1,244,885.01|
|Add: other income|||
|Investment income (Loss is|||
||16,716,400.08|20,329,891.27|
|listed with “-”)|||
|Including: Investment income|||
||12,367,784.04|16,426,603.62|
|on affiliated Company and joint venture|||
|The termination of|||
|income recognition for financial assets|||
|measured by amortized cost (Loss is|||
|listed with “-”)|||
|Net exposure hedging income|||
|(Loss is listed with “-”)|||
|Income from change of fair|||
|value (Loss is listed with “-”)|||
|Loss of credit impairment|||
||-18,945.66||
|(Loss is listed with “-”)|||
|Losses of devaluation of asset|||
|||-69,500.70|
|(Loss is listed with “-”)|||
|Income from assets disposal|||
|(Loss is listed with “-”)|||
|II. Operating profit (Loss is listed with|||
||24,492,779.26|30,369,587.68|
|“-”)|||
|Add: Non-operating income|26,366.66|5,541.49|
|Less: Non-operating expense|||
|III. Total Profit (Loss is listed with “-”)|24,519,145.92|30,375,129.17|
|Less: Income tax expense|774,206.65|29,206.65|
|IV. Net profit (Net loss is listed with|||
||23,744,939.27|30,345,922.52|
|“-”)|||
|(i)continuous operating net profit|||
||23,744,939.27|30,345,922.52|
|(net loss listed with ‘-”)|||
|(ii) termination of net profit (net|||
|loss listed with ‘-”)|||
|V. Net after-tax of other comprehensive|||
|income|||
|(I) Other comprehensive income|||
|items which will not be reclassified|||

||||
|-|-|-|
|subsequently to profit of loss|||
|1.Changes of the defined|||
|benefit plans that re-measured|||
|2.Other comprehensive|||
|income under equity method that cannot|||
|be transfer to gain/loss|||
|3.Change of fair value of|||
|investment in other equity instrument|||
|4.Fair value change of|||
|enterprise's credit risk|||
|5. Other|||
|(II) Other comprehensive income|||
|items which will be reclassified|||
|subsequently to profit or loss|||
|1.Other comprehensive|||
|income under equity method that can|||
|transfer to gain/loss|||
|2.Change of fair value of|||
|other debt investment|||
|3.gain/loss of fair value|||
|changes for available-for-sale financial|||
|assets|||
|4.Amount of financial|||
|assets re-classify to other|||
|comprehensive income|||
|5.Gain/loss of|||
|held-to-maturity investments that|||
|re-classify to available-for-sale financial|||
|asset|||
|6.Credit impairment|||
|provision for other debt investment|||
|7.Cash flow hedging|||
|reserve|||
|8.Translation differences|||
|arising on translation of foreign|||
|currency financial statements|||
|9.Other|||
|VI. Total comprehensive income|23,744,939.27|30,345,922.52|
|VII. Earnings per share:|||

||||
|-|-|-|
|(i) Basic earnings per share|0.0551|0.1021|
|(ii) Diluted earnings per share|0.0551|0.1021|

 7. Consolidated Cash Flow Statement (form the year-begin to the period-end)
In RMB
||||
|-|-|-|
|Item|Current Period|Last Period|
|I. Cash flows arising from operating|||
|activities:|||
|Cash received from selling|||
|commodities and providing labor|431,307,307.07|290,734,607.93|
|services|||
|Net increase of customer deposit|||
|and inter-bank deposit|||
|Net increase of loan from central|||
|bank|||
|Net increase of capital borrowed|||
|from other financial institution|||
|Cash received from original|||
|insurance contract fee|||
|Net cash received from reinsurance|||
|business|||
|Net increase of insured savings|||
|and investment|||
|Cash received from interest,|||
|commission charge and commission|||
|Net increase of capital borrowed|||
|Net increase of returned business|||
|capital|||
|Net cash received by agents in sale|||
|and purchase of securities|||
|Write-back of tax received|||
|Other cash received concerning|||
||35,433,801.62|22,834,886.64|
|operating activities|||
|Subtotal of cash inflow arising from|||
||466,741,108.69|313,569,494.57|
|operating activities|||
|Cash paid for purchasing|||
|commodities and receiving labor|316,903,853.04|233,005,308.54|
|service|||

||||
|-|-|-|
|Net increase of customer loans and|||
|advances|||
|Net increase of deposits in central|||
|bank and inter-bank|||
|Cash paid for original insurance|||
|contract compensation|||
|Net increase of capital lent|||
|Cash paid for interest, commission|||
|charge and commission|||
|Cash paid for bonus of guarantee|||
|slip|||
|Cash paid to/for staff and workers|41,099,923.77|38,595,110.34|
|Taxes paid|15,344,440.44|14,588,515.73|
|Other cash paid concerning|||
||35,424,465.54|53,360,237.70|
|operating activities|||
|Subtotal of cash outflow arising from|||
||408,772,682.79|339,549,172.31|
|operating activities|||
|Net cash flows arising from operating|||
||57,968,425.90|-25,979,677.74|
|activities|||
|II. Cash flows arising from investing|||
|activities:|||
|Cash received from recovering|||
||1,342,157,575.52|739,750,000.00|
|investment|||
|Cash received from investment|||
||49,812,733.56|63,533,914.95|
|income|||
|Net cash received from disposal of|||
|fixed, intangible and other long-term|302,900.00||
|assets|||
|Net cash received from disposal of|||
|||1,504,125.26|
|subsidiaries and other units|||
|Other cash received concerning|||
||148,187,000.00|46,001,000.00|
|investing activities|||
|Subtotal of cash inflow from investing|||
||1,540,460,209.08|850,789,040.21|
|activities|||
|Cash paid for purchasing fixed,|||
||95,210,796.24|22,607,470.16|
|intangible and other long-term assets|||
|Cash paid for investment|1,374,620,000.00|823,020,000.00|
|Net increase of mortgaged loans|||

||||
|-|-|-|
|Net cash received from|||
|subsidiaries and other units obtained|||
|Other cash paid concerning|||
|||5,733,400.00|
|investing activities|||
|Subtotal of cash outflow from investing|||
||1,469,830,796.24|851,360,870.16|
|activities|||
|Net cash flows arising from investing|||
||70,629,412.84|-571,829.95|
|activities|||
|III. Cash flows arising from financing|||
|activities|||
|Cash received from absorbing|||
||20,000,000.00|15,000,000.00|
|investment|||
|Including: Cash received from|||
|absorbing minority shareholders’|20,000,000.00|15,000,000.00|
|investment by subsidiaries|||
|Cash received from loans|158,020,000.00|95,082,000.00|
|Other cash received concerning|||
|financing activities|||
|Subtotal of cash inflow from financing|||
||178,020,000.00|110,082,000.00|
|activities|||
|Cash paid for settling debts|253,614,887.55|78,665,112.45|
|Cash paid for dividend and profit|||
||6,031,611.05|12,515,674.03|
|distributing or interest paying|||
|Including: Dividend and profit of|||
|minority shareholder paid by|||
|subsidiaries|||
|Other cash paid concerning|||
|financing activities|||
|Subtotal of cash outflow from financing|||
||259,646,498.60|91,180,786.48|
|activities|||
|Net cash flows arising from financing|||
||-81,626,498.60|18,901,213.52|
|activities|||
|IV. Influence on cash and cash|||
|equivalents due to fluctuation in|9.84|70.53|
|exchange rate|||
|V. Net increase of cash and cash|||
||46,971,349.98|-7,650,223.64|
|equivalents|||
|Add: Balance of cash and cash|||
||142,848,120.69|141,793,218.56|
|equivalents at the period -begin|||

||||
|-|-|-|
|VI. Balance of cash and cash|||
||189,819,470.67|134,142,994.92|
|equivalents at the period -end|||

8. Cash Flow Statement of Parent Company (form the year-begin to the period-end)
In RMB
||||
|-|-|-|
|Item|Current Period|Last Period|
|I. Cash flows arising from operating|||
|activities:|||
|Cash received from selling|||
|commodities and providing labor|25,003,577.51|35,793,107.31|
|services|||
|Write-back of tax received|||
|Other cash received concerning|||
||8,002,129.94|22,092,395.77|
|operating activities|||
|Subtotal of cash inflow arising from|||
||33,005,707.45|57,885,503.08|
|operating activities|||
|Cash paid for purchasing|||
|commodities and receiving labor|||
|service|||
|Cash paid to/for staff and workers|13,452,722.60|13,865,248.22|
|Taxes paid|2,466,614.79|1,904,582.44|
|Other cash paid concerning|||
||16,204,073.88|36,052,325.18|
|operating activities|||
|Subtotal of cash outflow arising from|||
||32,123,411.27|51,822,155.84|
|operating activities|||
|Net cash flows arising from operating|||
||882,296.18|6,063,347.24|
|activities|||
|II. Cash flows arising from investing|||
|activities:|||
|Cash received from recovering|||
||727,000,000.00|519,000,000.00|
|investment|||
|Cash received from investment|||
||22,458,538.51|56,781,732.28|
|income|||
|Net cash received from disposal of|||
|fixed, intangible and other long-term|||
|assets|||
|Net cash received from disposal of|||
|subsidiaries and other units|||

||||
|-|-|-|
|Other cash received concerning|||
||148,187,000.00|46,001,000.00|
|investing activities|||
|Subtotal of cash inflow from investing|||
||897,645,538.51|621,782,732.28|
|activities|||
|Cash paid for purchasing fixed,|||
||63,593,442.68|5,350,891.42|
|intangible and other long-term assets|||
|Cash paid for investment|749,000,000.00|608,971,900.00|
|Net cash received from|||
|subsidiaries and other units obtained|||
|Other cash paid concerning|||
|||5,733,400.00|
|investing activities|||
|Subtotal of cash outflow from investing|||
||812,593,442.68|620,056,191.42|
|activities|||
|Net cash flows arising from investing|||
||85,052,095.83|1,726,540.86|
|activities|||
|III. Cash flows arising from financing|||
|activities:|||
|Cash received from absorbing|||
|investment|||
|Cash received from loans|143,000,000.00|93,000,000.00|
|Other cash received concerning|||
|financing activities|||
|Subtotal of cash inflow from financing|||
||143,000,000.00|93,000,000.00|
|activities|||
|Cash paid for settling debts|193,000,000.00|70,000,000.00|
|Cash paid for dividend and profit|||
||4,958,262.11|11,021,659.99|
|distributing or interest paying|||
|Other cash paid concerning|||
|financing activities|||
|Subtotal of cash outflow from financing|||
||197,958,262.11|81,021,659.99|
|activities|||
|Net cash flows arising from financing|||
||-54,958,262.11|11,978,340.01|
|activities|||
|IV. Influence on cash and cash|||
|equivalents due to fluctuation in|||
|exchange rate|||
|V. Net increase of cash and cash|||
||30,976,129.90|19,768,228.11|
|equivalents|||

||||
|-|-|-|
|Add: Balance of cash and cash|||
||62,172,486.14|77,991,738.05|
|equivalents at the period -begin|||
|VI. Balance of cash and cash|||
||93,148,616.04|97,759,966.16|
|equivalents at the period -end|||

II. Financial statement adjustment
1. Relevant items of the financial statement at beginning of the year when implementing the new financial instrument standards, new revenue standards or new leasing standards since 2019
√ Applicable□ Not applicable
Consolidated Balance Sheet
In RMB
|||||
|-|-|-|-|
|Item|2018-12-31|2019-01-01|Adjustment|
|Current assets:||||
|Monetary funds|169,512,260.69|169,512,260.69||
|Settlement provisions||||
|Capital lent||||
|Tradable financial assets||330,400,000.00|330,400,000.00|
|Financial assets||||
|measured by fair value and||||
|with variation reckoned into||||
|current gains/losses||||
|Derivative financial||||
|assets||||
|Note receivable||||
|Account receivable|86,104,660.51|86,104,660.51||
|Receivable financing||||
|Accounts paid in|9,112,473.27|||
|||9,112,473.27||
|advance||||
|Insurance receivable||||
|Reinsurance receivables||||
|Contract reserve of||||
|reinsurance receivable||||
|Other account|14,483,208.41|||
|||14,483,208.41||
|receivable||||
|Including: Interest|723,407.50|||
|||723,407.50||
|receivable||||

|||||
|-|-|-|-|
|Dividend|232,683.74|||
|||232,683.74||
|receivable||||
|Buying back the sale of||||
|financial assets||||
|Inventories|12,342,854.40|12,342,854.40||
|Contractual assets||||
|Assets held for sale|85,017,251.77|85,017,251.77||
|Non-current asset due||||
|within one year||||
|Other current assets|332,432,494.44|2,032,494.44|-330,400,000.00|
|Total current assets|709,005,203.49|709,005,203.49||
|Non-current assets:||||
|Loans and payments on||||
|behalf||||
|Debt investment||||
|Finance asset available|10,176,617.20|||
||||-10,176,617.20|
|for sales||||
|Other debt investment||||
|Held-to-maturity||||
|investment||||
|Long-term account||||
|receivable||||
|Long-term equity|224,644,766.21|||
|||224,644,766.21||
|investment||||
|Investment in other||||
|||10,176,617.20|10,176,617.20|
|equity instrument||||
|Other non-current||||
|financial assets||||
|Investment real estate|503,922,413.70|503,922,413.70||
|Fixed assets|112,674,017.53|112,674,017.53||
|Construction in progress|12,843,571.97|12,843,571.97||
|Productive biological||||
|asset||||
|Oil and gas asset||||
|Right-of-use assets||||
|Intangible assets|51,012,282.25|51,012,282.25||
|Expense on Research||||

||||
|-|-|-|
|and Development|||
|Goodwill|||
|Long-term expenses to|6,304,607.22||
|||6,304,607.22|
|be apportioned|||
|Deferred income tax|24,355,086.71||
|||24,355,086.71|
|asset|||
|Other non-current asset|3,356,964.72|3,356,964.72|
|Total non-current asset|949,290,327.51|949,290,327.51|
|Total assets|1,658,295,531.00|1,658,295,531.00|
|Current liabilities:|||
|Short-term loans|143,000,000.00|143,000,000.00|
|Loan from central bank|||
|Capital borrowed|||
|Tradable financial|||
|liability|||
|Financial liability|||
|measured by fair value and|||
|with variation reckoned into|||
|current gains/losses|||
|Derivative financial|||
|liability|||
|Note payable|||
|Account payable|73,365,876.09|73,365,876.09|
|Accounts received in|15,897,763.97||
|||15,897,763.97|
|advance|||
|Contractual liability|||
|Selling financial asset of|||
|repurchase|||
|Absorbing deposit and|||
|inter-bank deposit|||
|Security trading of|||
|agency|||
|Security sales of agency|||
|Wage payable|25,802,670.36|25,802,670.36|
|Taxes payable|9,377,393.57|9,377,393.57|
|Other account payable|250,489,094.47|250,489,094.47|
|Including: Interest|290,215.78||
|||290,215.78|
|payable|||

||||
|-|-|-|
|Dividend|||
|payable|||
|Commission charge and|||
|commission payable|||
|Reinsurance payable|||
|Liability held for sale|||
|Non-current liabilities|||
|due within one year|||
|Other current liabilities|||
|Total current liabilities|517,932,798.46|517,932,798.46|
|Non-current liabilities:|||
|Insurance contract|||
|reserve|||
|Long-term loans|34,934,887.55|34,934,887.55|
|Bonds payable|||
|Including: Preferred|||
|stock|||
|Perpetual|||
|capital securities|||
|Lease liability|||
|Long-term account|3,920,160.36||
|||3,920,160.36|
|payable|||
|Long-term wages|||
|payable|||
|Accrual liability|2,225,468.76|2,225,468.76|
|Deferred income|||
|Deferred income tax|||
|liabilities|||
|Other non-current|||
|liabilities|||
|Total non-current liabilities|41,080,516.67|41,080,516.67|
|Total liabilities|559,013,315.13|559,013,315.13|
|Owner’s equity:|||
|Share capital|297,281,600.00|297,281,600.00|
|Other equity instrument|||
|Including: Preferred|||
|stock|||

||||
|-|-|-|
|Perpetual|||
|capital securities|||
|Capital public reserve|565,226,274.51|565,226,274.51|
|Less: Inventory shares|||
|Other comprehensive|26,422.00||
|||26,422.00|
|income|||
|Reasonable reserve|||
|Surplus public reserve|3,139,918.14|3,139,918.14|
|Provision of general risk|||
|Retained profit|184,535,322.70|184,535,322.70|
|Total owner’ s equity|1,050,209,537.35||
|attributable to parent||1,050,209,537.35|
|company|||
|Minority interests|49,072,678.52|49,072,678.52|
|Total owner’ s equity|1,099,282,215.87|1,099,282,215.87|
|Total liabilities and owner’ s|1,658,295,531.00||
|||1,658,295,531.00|
|equity|||

Explanation
The Ministry of Finance revised the Accounting Standards for Business Enterprises No. 22 - Recognition and Measurement of Financial Instruments, the Accounting Standards for Business Enterprises No. 23 - Transfer of Financial Assets, Accounting Standards for Business Enterprises No. 24 - Hedge Accounting and Accounting Standards for Business Enterprises No. 37– Financial Instruments Presentation on 31 March 2017 and shall be effective for enterprise listed in China separately since 1 Jan. 2019 According to the new financial standards, the “Available-for-sale financial assets ” is re-classified to “Financial assets measured by fair value and with its variation reckoned into other comprehensive income”, and adjusted the amount of “Available-for-sale financial assets ” at beginning of 2019 in balance sheet in line with the presentation requirement.
According to the new financial standards, the financial product without principal-guaranteed was re-classified to “Trading financial assets” from “Other current assets”, and adjusted the amount of “Other current assets ” at beginning of 2019 in balance sheet in line with the presentation requirement.
Balance sheet of parent company
Balance Sheet of Parent Company
In RMB
|||||
|-|-|-|-|
|Item|2018-12-31|2019-01-01|Adjustment|
|Current assets:||||
|Monetary funds|88,836,626.14|88,836,626.14||
|Tradable financial assets||195,000,000.00|195,000,000.00|
|Financial assets||||

|||||
|-|-|-|-|
|measured by fair value and||||
|with variation reckoned into||||
|current gains/losses||||
|Derivative financial||||
|assets||||
|Note receivable||||
|Account receivable|38,274.00|38,274.00||
|Receivable financing||||
|Accounts paid in|604,800.00|||
|||604,800.00||
|advance||||
|Other account|115,782,944.37|||
|||115,782,944.37||
|receivable||||
|Including: Interest|723,407.50|||
|||723,407.50||
|receivable||||
|Dividend|232,683.74|||
|||232,683.74||
|receivable||||
|Inventories||||
|Contractual assets||||
|Assets held for sale|85,017,251.77|85,017,251.77||
|Non-current assets||||
|maturing within one year||||
|Other current assets|195,506,958.35|506,958.35|-195,000,000.00|
|Total current assets|485,786,854.63|485,786,854.63||
|Non-current assets:||||
|Debt investment||||
|Available-for-sale|10,176,617.20|||
||||-10,176,617.20|
|financial assets||||
|Other debt investment||||
|Held-to-maturity||||
|investments||||
|Long-term receivables||||
|Long-term equity|836,283,491.38|||
|||836,283,491.38||
|investments||||
|Investment in other||||
|||10,176,617.20|10,176,617.20|
|equity instrument||||
|Other non-current||||
|financial assets||||

||||
|-|-|-|
|Investment real estate|44,820,151.69|44,820,151.69|
|Fixed assets|14,824,845.14|14,824,845.14|
|Construction in progress|12,843,571.97|12,843,571.97|
|Productive biological|||
|assets|||
|Oil and natural gas|||
|assets|||
|Right-of-use assets|||
|Intangible assets|249,731.94|249,731.94|
|Research and|||
|development costs|||
|Goodwill|||
|Long-term deferred|2,958,817.65||
|||2,958,817.65|
|expenses|||
|Deferred income tax|13,830,369.64||
|||13,830,369.64|
|assets|||
|Other non-current assets|||
|Total non-current assets|935,987,596.61|935,987,596.61|
|Total assets|1,421,774,451.24|1,421,774,451.24|
|Current liabilities:|||
|Short-term borrowings|143,000,000.00|143,000,000.00|
|Tradable financial|||
|liability|||
|Financial liability|||
|measured by fair value and|||
|with variation reckoned into|||
|current gains/losses|||
|Derivative financial|||
|liability|||
|Notes payable|||
|Account payable|19,800.00|19,800.00|
|Accounts received in|4,742.51||
|||4,742.51|
|advance|||
|Contractual liability|||
|Wage payable|4,858,788.51|4,858,788.51|
|Taxes payable|331,909.65|331,909.65|
|Other accounts payable|392,558,990.89|392,558,990.89|

||||
|-|-|-|
|Including: Interest|232,810.41||
|||232,810.41|
|payable|||
|Dividend|||
|payable|||
|Liability held for sale|||
|Non-current liabilities|||
|due within one year|||
|Other current liabilities|||
|Total current liabilities|540,774,231.56|540,774,231.56|
|Non-current liabilities:|||
|Long-term loans|||
|Bonds payable|||
|Including: preferred|||
|stock|||
|Perpetual|||
|capital securities|||
|Lease liability|||
|Long-term account|||
|payable|||
|Long term employee|||
|compensation payable|||
|Accrued liabilities|||
|Deferred income|||
|Deferred income tax|||
|liabilities|||
|Other non-current|||
|liabilities|||
|Total non-current liabilities|||
|Total liabilities|540,774,231.56|540,774,231.56|
|Owners’ equity:|||
|Share capital|297,281,600.00|297,281,600.00|
|Other equity instrument|||
|Including: preferred|||
|stock|||
|Perpetual|||
|capital securities|||
|Capital public reserve|562,032,851.23|562,032,851.23|

||||
|-|-|-|
|Less: Inventory shares|||
|Other comprehensive|||
|income|||
|Special reserve|||
|Surplus reserve|3,139,918.14|3,139,918.14|
|Retained profit|18,545,850.31|18,545,850.31|
|Total owner’s equity|881,000,219.68|881,000,219.68|
|Total liabilities and owner’s|1,421,774,451.24||
|||1,421,774,451.24|
|equity|||

Explanation
The Ministry of Finance revised the Accounting Standards for Business Enterprises No. 22 - Recognition and Measurement of Financial Instruments, the Accounting Standards for Business Enterprises No. 23 - Transfer of Financial Assets, Accounting Standards for Business Enterprises No. 24 - Hedge Accounting and Accounting Standards for Business Enterprises No. 37– Financial Instruments Presentation on 31 March 2017 and shall be effective for enterprise listed in China separately since 1 Jan. 2019 According to the new financial standards, the “Available-for-sale financial assets ” is re-classified to “Financial assets measured by fair value and with its variation reckoned into other comprehensive income”, and adjusted the amount of “Available-for-sale financial assets ” at beginning of 2019 in balance sheet in line with the presentation requirement.
According to the new financial standards, the financial product without principal-guaranteed was re-classified to “Trading financial assets” from “Other current assets”, and adjusted the amount of “Other current assets ” at beginning of 2019 in balance sheet in line with the presentation requirement.
Balance sheet of parent company
2. Explanation on comparative data in the early stage of retroactive adjustment while implemented the new financial instrument standards or new leasing standards since 2019
□ Applicable√ Not applicable
III. Audit report
Whether the 3rd quarterly report has been audited or not
□Yes√ No
The 3rd quarterly report of the Company has not been audited.