Shenzhen Tellus Holding Co., Ltd.
The Third Quarterly Report For 2017
October 2017
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.
Lv Hang, person in charge of the Company, head of the accounting works Yang Jianping 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)|1,346,720,215.99||1,189,001,074.98||13.26%||
|Net assets attributable to|937,000,923.89||895,362,614.95||||
|shareholders of listed company|||||4.65%||
|(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)|77,386,017.88|-7.44%||238,370,122.44||-0.99%|
|Net profit attributable to|16,007,734.85|||40,604,639.94|||
|shareholders of the listed company||89.05%||||54.89%|
|(RMB)|||||||
|Net profit attributable to|||||||
|shareholders of the listed company|||||||
||13,138,710.26|72.18%||30,843,756.37||33.63%|
|after deducting non-recurring gains|||||||
|and losses (RMB)|||||||
|Net cash flow arising from||||39,785,059.97|||
||--|--||||15.18%|
|operating activities (RMB)|||||||
|Basic earnings per share|0.0538|||0.1366|||
|||88.77%||||54.88%|
|(RMB/Share)|||||||
|Diluted earnings per share|0.0538|||0.1366|||
|||88.77%||||54.88%|
|(RMB/Share)|||||||
|Weighted average ROE|1.72%|0.77%||4.43%||1.46%|

 Items and amount of extraordinary profit (gains)/losses
√Applicable □Not applicable
In RMB
||||
|-|-|-|
||Amount from year-begin to||
|Item||Note|
||end of the Period||
|Gains/losses from the disposal of non-current asset (including thewrite-off that accrued for impairment of assets)||Including: income from equity|
||5,021,115.51||
|||transfer 4.92 million Yuan|

||||
|-|-|-|
|Gains/losses from entrusted investment or assets management|4,633,343.91|Income from financing products|
|Restoring of receivable impairment provision that tested|||
||5,884.91||
|individually|||
|Other non-operating income and expenditure except for the|||
||314,779.52||
|aforementioned items|||
|Less: impact on income tax|42,797.16||
|Impact on minority shareholders’ equity (post-tax)|171,443.12||
|Total|9,760,883.57|--|

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|||||
|||56,881|||||0||
|shareholders at the end of report|||||||||
|||||end of reporting period (if|||||
|period|||||||||
|||||applicable)|||||
|Top ten shareholders|||||||||
||||||Amount of|Number of share pledged/frozen|||
||Nature of|Proportion of|Amount of shares||||||
|Shareholders|||||restricted shares||||
||shareholder|shares held|held|||State of share||Amount|
||||||held||||
|SHENZHENSDG CO., LTD.|State-ownedcorporate|49.09%|145,925,256||6,000,000||||
|Shenzhen CapitalFortune JewelryIndustryInvestmentEnterprise(limitedpartnership)|Domesticnon-state-ownedcorporate|23.88%|71,000,000||71,000,000||||

|||||||
|-|-|-|-|-|-|
|GUOTAIJUNANSECURITIES(HONGKONG)LIMITED|Foreigncorporation|0.40%|1,198,904|||
|Li Guangxin|Domestic natureperson|0.26%|761,161|||
|Weng Zhengwen|Foreign natureperson|0.19%|574,528|||
|He Xing|Domestic natureperson|0.10%|300,100|||
|Huang Chuyun|Domestic natureperson|0.09%|266,500|||
|Zeng Huiming|Foreign natureperson|0.08%|250,000|||
|Xu Meinv|Domestic natureperson|0.08%|237,400|||
|Lin Fengfang|Domestic natureperson|0.07%|216,933|||
|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.||139,925,256||RMB ordinary||
|||||shares||
|GUOTAI JUNANSECURITIES(HONGKONG)LIMITED||1,198,904||Domestically||
|||||listed foreign|1,198,904|
|||||shares||
|Li Guangxin||761,161||Domestically||
|||||listed foreign|761,161|
|||||shares||
|Weng Zhengwen||574,528||Domestically||
|||||listed foreign|574,528|
|||||shares||
|He Xing||300,100||Domestically||
|||||listed foreign|300,100|
|||||shares||
|Huang Chuyun||266,500||Domestically||
|||||listed foreign|266,500|
|||||shares||

|||||
|-|-|-|-|
|Zeng Huiming|250,000|Domestically||
|||listed foreign|250,000|
|||shares||
|Xu Meinv|237,400|RMB ordinary||
||||237,400|
|||shares||
|Lin Fengfang|216,933|Domestically||
|||listed foreign|216,933|
|||shares||
|Celestial Securities Limited|196,226|Domestically||
|||listed foreign|196,226|
|||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.|||
|Explanation on top ten common||||
|shareholders involving margin|N/A|||
|business (if applicable)||||

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|128,227,347.28|218,497,640.10|-90,270,292.82|-41.31%|Financial product purchased in theperiod increased|
|Accountreceivable|7,425,022.26|113,736.64|7,311,285.62|6428.26%|Account receivable from jewelrywholesales from Sichuan TellusCompany increased|
|Inventory|14,586,110.90|11,038,915.69|3,547,195.21|32.13%|Gold and jewelry in transit fromSichuan Tellus Company increased;and stock car from Huari Companydecreased|
|Other currentassets|250,563,266.09|90,123,901.32|160,439,364.77|178.02%|Purchased more financial products inthe period|
|Long termequityinvestment|275,998,871.47|203,633,308.06|72,365,563.41|35.54%|Purchased 13% equity of XinglongCompany; investment incomeincreased for equity method by theequtiy-particilation enterprise andbonus from Zung Fu Companyreceived in the period|
|Short-term loans|120,000,000.00|50,000,000.00|70,000,000.00|140.00%|More liquidity loans from bank in theperiod|
|Long-term loans|27,600,000.00|12,000,000.00|15,600,000.00|130.00%|Bank loans increased by 1st phase ofShuibei Jewelry Building in the period|
|Undistributedprofit|71,540,463.06|30,935,823.12|40,604,639.94|131.25%|Net profit attributable to owners ofparent company increased in theperiod|
|Minority’sinterest|26,493,161.71|13,173,721.23|13,319,440.48|101.11%|Minority shareholder’s investmentreceived from Sichuan TellusCompany and Anhui Company in theperiod increased|
|Profit statement||||||

||||||||
|-|-|-|-|-|-|-|
|Item||This cumulative|Same period lastyear|Amount changed|Ratiochanged|Causes|
|Taxes andadditional||4,014,862.04|2,650,366.07|1,364,495.97|51.48%|The tax was re-classify after theimplementation of replacing businesstax with VAT|
|Income frominvestment||22,381,239.37|6,606,617.05|15,774,622.32|238.77%|The affiliated company- ShenzhenTellus Zung Fu Auto Service Co., Ltd.earns in the period, and investmentearnings increased from propertycompany’s equity transfer|
|Net profitattributable toshareholders oflisted companies||40,604,639.94|26,215,339.85|14,389,300.09|54.89%|The investment income forequity-participation enterprise andinvestment earnings from propertycompany’s equity transfer increased|
|Cash flow statement|||||||
|Item|This cumulative||Same period lastyear|Amount changed|Ratiochanged|Causes|
|Net cash flowarising frominvestmentactivities|-227,894,301.37||-13,171,768.45|-214,722,532.92||Purchased more guaranteed financial|
|||||||products in the period, and investment|
|||||||for Shuibei Jewelry Building Project|
|||||||decreased on a y-o-y basis|
|Net cash flowarising fromfinancingactivities|97,839,101.96||-16,495,591.67|114,334,693.63||Minority shareholder’s investment|
|||||||received from Sichuan Tellus|
|||||||Company and Anhui Company in the|
|||||||period increased, and bank loans|
|||||||increased; at same period of last year,|
|||||||mainly paid the loan interest to SDG|
|Net increase ofcash and cashequivalent|-90,270,292.82||4,873,715.80|-95,144,008.62||Net cash flow arising from investmentactivities declined from a year earlierwhile arising from financing activitiesincreased on a y-o-y basis|

II. Progress and influence of the main events as well as solution analysis specification
√ Applicable□Not applicable
On the 8th extraordinary meeting of 8th BOD and First Extraordinary Sharehodlers Meeting 2017 held respectively on 8 May 2017 and 25 May 2017, the “Proposal of Participating in Auction of30% Equity Transfer Under the Name of Shenzhen Xinglong Mold Making Co., Ltd.” was debeliberated and approved. Management of the Company approved to participated in auction(30% equity of Shenzhen Xinglong Mold Making Co., Ltd. sold by Harbin First Machinerary Group Co., Ltd.), which authorized by the Board. In
the reporting period, we received a Enterprise Certificate of State-Owned Assets issued by China Beijing Equity Exchange. As a joint
assignee, the30% equity of Shenzhen Xinglong Mold Making Co., Ltd. are assining to the Company and Shenzhen Runhe United
Investmnet Development Co., Ltd. successfuly. The third transaction parties entered into a Property Right Transaction Contract,
proportion of transferee equity for the Company was13% with 65,000,000 Yuan in transaction.
||||
|-|-|-|
|||Information index for temporary report|
|Overview|Date for disclosure||
|||disclosure|
|Progress of Participating in Auction ofEquity Transfer Under the Name ofShenzhen Xinglong Mold Making Co.,Ltd.||Found more in announcement No.:|
|||2017-073 released on Securities Times,|
||2017-09-02||
|||Hong Kong Commercial Daily and Juchao|
|||Website (www.cninfo.com.cn)|

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. Estimation of operation performance for year of 2017
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. Particular about security investment
□ Applicable√ Not applicable
The Company had no security investment in Period.
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.
X. Fulfill the precise social responsibility for poverty alleviation
1. Summary of the targeted poverty alleviation for 3Q
During the reporting period, the company participated in the targeted poverty alleviation at Libai Village, Shangguan Town, Dongyuan County, Heyuan City, Guangdong Province. The Company sent representatives to stay at the village to complete the identification, approval, archiving work by visiting the poor households, went to the surrounding villages and towns for investigation and study, and made preparation for establishing help programs and developing the various industries for the village to be helped. 2. Targeted poverty alleviation for 3Q
||||
|-|-|-|
|Index|Unit of measure|Quantity /implementation|
|I. Overall condition|——|——|
|II. Poverty alleviation by items|——|——|
|1.Industry development|——|——|
|2.Shift employment|——|——|
|3. Relocating in other places|——|——|
|4. Education|——|——|
|5. Health|——|——|
|6.Ecological protection|——|——|
|7. Reveal all the details|——|——|
|8. Society|——|——|
|9.Other|——|——|
|III. Award received (content and grade)|——|——|

3. Follow-up target poverty alleviation
The company plans to promote the economic development of the helping areas by establishing targeted poverty alleviation plans, participating in the improvement of infrastructure construction in the helping village and the improvement of village appearance.
Section IV. Financial Statement
I. Financial statement
1. Consolidated Balance Sheet
Prepared by Shenzhen Tellus Holding Co., Ltd
In RMB
||||
|-|-|-|
|Items|Closing balance|Opening balance|
|Current assets:|||
|Monetary funds|128,227,347.28|218,497,640.10|
|Settlement provisions|||
|Capital lent|||
|Financial assets measured by fair|||
|value and whose change is recorded in|||
|current gains and losses|||
|Derivative financial liability|||
|Notes receivable|||
|Accounts receivable|7,425,022.26|113,736.64|
|Accounts paid in advance|8,703,306.00|8,436,668.35|
|Insurance receivable|||
|Reinsurance receivables|||
|Contract reserve of reinsurance|||
|receivable|||
|Interest receivable||172,055.56|
|Dividend receivable|||
|Other receivables|15,892,442.11|16,586,387.45|
|Purchase restituted finance asset|||
|Inventories|14,586,110.90|11,038,915.69|
|Divided into assets held ready for|||
|sales|||
|Non-current asset due within one|||
|year|||
|Other current assets|250,563,266.09|90,123,901.32|
|Total current assets|425,397,494.64|344,969,305.11|
|Non-current assets:|||

||||
|-|-|-|
|Granted loans and advances|||
|Finance asset available for sales|10,176,617.20|10,478,985.77|
|Held-to-maturity investment|||
|Long-term account receivable|||
|Long-term equity investment|275,998,871.47|203,633,308.06|
|Investment property|74,349,259.63|77,602,248.53|
|Fixed assets|121,973,949.05|129,226,236.16|
|Construction in progress|359,518,429.04|343,365,313.46|
|Engineering material|||
|Disposal of fixed asset|||
|Productive biological asset|||
|Oil and gas asset|||
|Intangible assets|52,694,644.87|53,739,118.72|
|Expense on Research and|||
|Development|||
|Goodwill|||
|Long-term expenses to be|||
||2,107,185.63|1,437,761.31|
|apportioned|||
|Deferred income tax asset|24,403,764.46|24,448,797.86|
|Other non-current asset|100,000.00|100,000.00|
|Total non-current asset|921,322,721.35|844,031,769.87|
|Total assets|1,346,720,215.99|1,189,001,074.98|
|Current liabilities:|||
|Short-term loans|120,000,000.00|50,000,000.00|
|Loan from central bank|||
|Absorbing deposit and interbank|||
|deposit|||
|Capital borrowed|||
|Financial liability measured by fair|||
|value and with variation reckoned into|||
|current gains/losses|||
|Derivative financial liability|||
|Notes payable|||
|Accounts payable|22,820,917.74|23,599,227.33|
|Accounts received in advance|8,098,453.20|11,930,493.02|
|Selling financial asset of|||

||||
|-|-|-|
|repurchase|||
|Commission charge and|||
|commission payable|||
|Wage payable|23,864,087.47|27,144,631.18|
|Taxes payable|8,276,373.02|10,081,678.60|
|Interest payable||77,826.33|
|Dividend payable|||
|Other accounts payable|153,694,771.88|126,045,854.54|
|Reinsurance payables|||
|Insurance contract reserve|||
|Security trading of agency|||
|Security sales of agency|||
|Divided into liability held ready|||
|for sale|||
|Non-current liabilities due within 1|||
|year|||
|Other current liabilities|||
|Total current liabilities|336,754,603.31|248,879,711.00|
|Non-current liabilities:|||
|Long-term loans|27,600,000.00|12,000,000.00|
|Bonds payable|||
|Including: preferred stock|||
|Perpetual capital|||
|securities|||
|Long-term account payable|3,920,160.36|3,920,160.36|
|Long-term wages payable|||
|Special accounts payable|||
|Projected liabilities|434,487.74|1,192,618.90|
|Deferred income|||
|Deferred income tax liabilities|48,680.53|232,711.06|
|Other non-current liabilities|14,468,198.45|14,239,537.48|
|Total non-current liabilities|46,471,527.08|31,585,027.80|
|Total liabilities|383,226,130.39|280,464,738.80|
|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|564,192,605.51|
|Less: Inventory shares|||
|Other comprehensive income|||
|Reasonable reserve|||
|Surplus public reserve|2,952,586.32|2,952,586.32|
|Provision of general risk|||
|Retained profit|71,540,463.06|30,935,823.12|
|Total owner’s equity attributable to|937,000,923.89|895,362,614.95|
|parent company|||
|Minority interests|26,493,161.71|13,173,721.23|
|Total owner’s equity|963,494,085.60|908,536,336.18|
|Total liabilities and owner’s equity|1,346,720,215.99|1,189,001,074.98|

 Legal representative: Lv Hang
Person in charge of accounting works: Yang Jianping
Chief Financial Officer: Liu Yuhong
2. Balance Sheet of parent company
In RMB
||||
|-|-|-|
|Item|Balance at period-end|Balance at period-begin|
|Current assets:|||
|Monetary funds|64,018,956.08|150,800,890.39|
|Financial assets measured by fair|||
|value and whose change is recorded in|||
|current gains and losses|||
|Derivative financial liability|||
|Notes receivable|||
|Accounts receivable|||
|Accounts paid in advance|28,849.00|32,280.00|
|Interest receivable||172,055.56|
|Dividend receivable|||
|Other receivables|98,569,483.82|98,999,650.03|
|Inventories|||
|Divided into assets held ready for|||
|sales|||

||||
|-|-|-|
|Non-current asset due within one year|||
|Other current assets|230,000,000.00|90,000,000.00|
|Total current assets|392,617,288.90|340,004,875.98|
|Non-current assets:|||
|Finance asset available for sales|10,176,617.20|10,176,617.20|
|Held-to-maturity investment|||
|Long-term account receivable|||
|Long-term equity investment|785,235,248.69|686,225,666.43|
|Investment real estate|47,523,952.23|49,847,406.09|
|Fixed assets|15,808,398.42|16,497,899.89|
|Construction in progress|1,114,238.15|373,191.69|
|Engineering material|||
|Disposal of fixed asset|||
|Productive biological asset|||
|Oil and gas asset|||
|Intangible assets|374,576.01|484,538.73|
|Expense on Research and Development|||
|Goodwill|||
|Long-term expenses to be apportioned|242,011.97|239,924.49|
|Deferred income tax asset|13,879,047.39|13,908,254.04|
|Other non-current asset|||
|Total non-current asset|874,354,090.06|777,753,498.56|
|Total assets|1,266,971,378.96|1,117,758,374.54|
|Current liabilities:|||
|Short-term loans|120,000,000.00|50,000,000.00|
|Financial liability measured by fair|||
|value and with variation reckoned into|||
|current gains/losses|||
|Derivative financial liability|||
|Notes payable|||
|Accounts payable|||
|Accounts received in advance|1,261,904.81||
|Wage payable|7,465,980.22|7,713,651.26|
|Taxes payable|493,251.09|524,089.23|
|Interest payable||66,458.33|

||||
|-|-|-|
|Dividend payable|||
|Other accounts payable|293,931,080.59|253,475,259.99|
|Divided into liability held for sale|||
|Non-current liabilities due within 1|||
|year|||
|Other current liabilities|||
|Total current liabilities|423,152,216.71|311,779,458.81|
|Non-current liabilities:|||
|Long-term loans|||
|Bonds payable|||
|Including: preferred stock|||
|Perpetual capital|||
|securities|||
|Long-term account payable|||
|Long-term wages payable|||
|Special accounts payable|||
|Projected liabilities|||
|Deferred income|||
|Deferred income tax liabilities|||
|Other non-current liabilities|||
|Total non-current liabilities|||
|Total liabilities|423,152,216.71|311,779,458.81|
|Owners’ equity:|||
|Share capita|297,281,600.00|297,281,600.00|
|Other equity instrument|||
|Including: preferred stock|||
|Perpetual capital|||
|securities|||
|Capital public reserve|562,032,851.23|560,999,182.23|
|Less: Inventory shares|||
|Other comprehensive income|||
|Reasonable reserve|||
|Surplus reserve|2,952,586.32|2,952,586.32|
|Retained profit|-18,447,875.30|-55,254,452.82|
|Total owner’s equity|843,819,162.25|805,978,915.73|

||||
|-|-|-|
|Total liabilities and owner’s equity|1,266,971,378.96|1,117,758,374.54|

 3. Consolidated Profit Statement (this report period)
In RMB
||||
|-|-|-|
|Item|Current Period|Last Period|
|I. Total operating income|77,386,017.88|83,602,167.07|
|Including: Operating income|77,386,017.88|83,602,167.07|
|Interest income|||
|Insurance gained|||
|Commission charge and commission|||
|income|||
|II. Total operating cost|74,034,788.90|75,859,504.57|
|Including: Operating cost|57,359,692.25|59,891,629.56|
|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|||
|Operating tax and extras|1,203,936.28|246,639.86|
|Sales expenses|4,271,637.52|3,891,996.50|
|Administration expenses|10,677,384.70|12,238,309.82|
|Financial expenses|522,138.15|-409,071.17|
|Losses of devaluation of asset|||
|Add: Changing income of fair value(Loss|||
|is listed with “-”)|||
|Investment income (Loss is listed with|12,744,661.13|1,506,046.09|
|“-”)|||
|Including: Investment income on|9,902,285.56|677,104.98|
|affiliated company and joint venture|||
|Exchange income (Loss is listed|||
|with “-”)|||
|Other income|||
|III. Operating profit (Loss is listed with|||
||16,095,890.11|9,248,708.59|
|“-”)|||
|Add: Non-operating income|109,606.67|8,560.80|
|Including: Disposal gains of|56,158.32|577.67|

||||
|-|-|-|
|non-current asset|||
|Less: Non-operating expense|2,310.06|2.45|
|Including: Disposal loss of|||
||2,310.06||
|non-current asset|||
|IV. Total Profit (Loss is listed with “-”)|16,203,186.72|9,257,266.94|
|Less: Income tax expense|852,493.08|776,681.80|
|V. Net profit (Net loss is listed with “-”)|15,350,693.64|8,480,585.14|
|Net profit attributable to owner’s of|||
||16,007,734.85|8,467,387.22|
|parent company|||
|Minority shareholders’ gains and|||
||-657,041.21|13,197.92|
|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 as a result of|||
|re-measurement of net defined benefit|||
|plan liability or asset|||
|2. Share of the other|||
|comprehensive income of the investee|||
|accounted for using equity method which|||
|will not be reclassified subsequently to|||
|profit and loss|||
|(II) Other comprehensive income|||
|items which will be reclassified|||
|subsequently to profit or loss|||
|1. Share of the other|||
|comprehensive income of the investee|||
|accounted for using equity method which|||
|will be reclassified subsequently to profit|||
|or loss|||
|2. Gains or losses arising|||
|from changes in fair value of|||
|available-for-sale financial assets|||
|3. Gains or losses arising|||
|from reclassification of held-to-maturity|||

||||
|-|-|-|
|investment as available-for-sale financial|||
|assets|||
|4. The effect hedging portion|||
|of gains or losses arising from cash flow|||
|hedging instruments|||
|5. Translation differences|||
|arising on translation of foreign currency|||
|financial statements|||
|6. Other|||
|Net after-tax of other comprehensive|||
|income attributable to minority|||
|shareholders|||
|VII. Total comprehensive income|15,350,693.64|8,480,585.14|
|Total comprehensive income|16,007,734.85||
|||8,467,387.22|
|attributable to owners of parent Company|||
|Total comprehensive income|-657,041.21||
|||13,197.92|
|attributable to minority shareholders|||
|VIII. Earnings per share:|||
|(i) Basic earnings per share|0.0538|0.0285|
|(ii) Diluted earnings per share|0.0538|0.0285|

 Enterprise combine under the same control in the Period, the combined party realized net profit of 0 Yuan before combination, and realized 0 Yuan at last period for combined party
Legal representative: Lv Hang
Person in charge of accounting works: Yang Jianping
Chief Financial Officer: Liu Yuhong
4. Profit Statement of parent company (this report period)
In RMB
||||
|-|-|-|
|Item|Current Period|Last Period|
|I. Operating income|9,834,202.78|10,544,125.08|
||951,008.01|899,813.96|
|Less: operating cost|||
|Operating tax and extras|364,342.41|55,693.33|
|Sales expenses|||
||5,971,215.34|5,298,464.40|
|Administration expenses|||
||364,457.26|-15,694.57|
|Financial expenses|||
|Losses of devaluation of asset|||
|Add: Changing income of fairvalue(Loss is listed with “-”)|||
|Investment income (Loss is listed with“-”)|9,535,534.43|917,542.39|
|Including: Investment income onaffiliated company and joint venture|6,806,109.77|89,377.99|

||||
|-|-|-|
|Other income|||
|II. Operating profit (Loss is listed|||
||11,718,714.19|5,223,390.35|
|with “-”)|||
|Add: Non-operating income|||
|Including: Disposal gains of|||
|non-current asset|||
|Less: Non-operating expense|||
|Including: Disposal loss of|||
|non-current asset|||
|III. Total Profit (Loss is listed with|||
||11,718,714.19|5,223,390.35|
|“-”)|||
|Less: Income tax expense|9,735.55|9,735.55|
|IV. Net profit (Net loss is listed with|||
||11,708,978.64|5,213,654.80|
|“-”)|||
|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 as a result of|||
|re-measurement of net defined benefit|||
|plan liability or asset|||
|2. Share of the other|||
|comprehensive income of the investee|||
|accounted for using equity method|||
|which will not be reclassified|||
|subsequently to profit and loss|||
|(II) Other comprehensive income|||
|items which will be reclassified|||
|subsequently to profit or loss|||
|1. Share of the other|||
|comprehensive income of the investee|||
|accounted for using equity method|||
|which will be reclassified subsequently|||
|to profit or loss|||
|2. Gains or losses arising|||
|from changes in fair value of|||
|available-for-sale financial assets|||
|3. Gains or losses arising|||
|from reclassification of held-to-maturity|||

||||
|-|-|-|
|investment as available-for-salefinancial assets|||
|4. The effect hedging|||
|portion of gains or losses arising from|||
|cash flow hedging instruments|||
|5. Translation differences|||
|arising on translation of foreign|||
|currency financial statements|||
|6. Other|||
|VI. Total comprehensive income|11,708,978.64|5,213,654.80|
|VII. Earnings per share:|||
|(i) Basic earnings per share|0.0394|0.0175|
|(ii) Diluted earnings per share|0.0394|0.0175|

 5. Consolidated profit statement (year-begin to end of this period)
In RMB
||||
|-|-|-|
|Item|Current Period|Last Period|
|I. Total operating income|238,370,122.44|240,749,333.55|
|Including: Operating income|238,370,122.44|240,749,333.55|
|Interest income|||
|Insurance gained|||
|Commission charge and commission|||
|income|||
|II. Total operating cost|220,942,995.20|219,579,399.79|
|Including: Operating cost|175,384,506.21|172,714,010.44|
|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|||
|Operating tax and extras|4,014,862.04|2,650,366.07|
|Sales expenses|11,155,242.77|11,291,756.73|
|Administration expenses|30,029,406.46|33,043,336.94|
|Financial expenses|548,598.69|-120,070.39|

||||
|-|-|-|
|Losses of devaluation of asset|-189,620.97||
|Add: Changing income of fair value(Loss|||
|is listed with “-”)|||
|Investment income (Loss is listed with|22,381,239.37|6,606,617.05|
|“-”)|||
|Including: Investment income on|||
||12,831,894.41|3,485,886.89|
|affiliated company and joint venture|||
|Exchange income (Loss is listed|||
|with “-”)|||
|Other income|||
|III. Operating profit (Loss is listed with|||
||39,808,366.61|27,776,550.81|
|“-”)|||
|Add: Non-operating income|429,123.84|53,841.70|
|Including: Disposal gains of|||
||114,344.32|28,682.04|
|non-current asset|||
|Less: Non-operating expense|9,229.86|5,767.29|
|Including: Disposal loss of|||
||9,229.86|1,237.84|
|non-current asset|||
|IV. Total Profit (Loss is listed with “-”)|40,228,260.59|27,824,625.22|
|Less: Income tax expense|1,476,180.17|1,374,550.92|
|V. Net profit (Net loss is listed with “-”)|38,752,080.42|26,450,074.30|
|Net profit attributable to owner’s of|||
||40,604,639.94|26,215,339.85|
|parent company|||
|Minority shareholders’ gains and|||
||-1,852,559.52|234,734.45|
|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 as a result of|||
|re-measurement of net defined benefit|||
|plan liability or asset|||
|2. Share of the other|||
|comprehensive income of the investee|||
|accounted for using equity method which|||
|will not be reclassified subsequently to|||

||||
|-|-|-|
|profit and loss|||
|(II) Other comprehensive income|||
|items which will be reclassified|||
|subsequently to profit or loss|||
|1. Share of the other|||
|comprehensive income of the investee|||
|accounted for using equity method which|||
|will be reclassified subsequently to profit|||
|or loss|||
|2. Gains or losses arising|||
|from changes in fair value of|||
|available-for-sale financial assets|||
|3. Gains or losses arising|||
|from reclassification of held-to-maturity|||
|investment as available-for-sale financial|||
|assets|||
|4. The effect hedging portion|||
|of gains or losses arising from cash flow|||
|hedging instruments|||
|5. Translation differences|||
|arising on translation of foreign currency|||
|financial statements|||
|6. Other|||
|Net after-tax of other comprehensive|||
|income attributable to minority|||
|shareholders|||
|VII. Total comprehensive income|38,752,080.42|26,450,074.30|
|Total comprehensive income|||
||40,604,639.94|26,215,339.85|
|attributable to owners of parent Company|||
|Total comprehensive income|||
||-1,852,559.52|234,734.45|
|attributable to minority shareholders|||
|VIII. Earnings per share:|||
|(i) Basic earnings per share|0.1366|0.0882|
|(ii) Diluted earnings per share|0.1366|0.0882|

 Enterprise combine under the same control in the Period, the combined party realized net profit of 0 Yuan before combination, and realized 0 Yuan at last period for combined party
6. Profit Statement of parent company (year-begin to end of this period)
In RMB
||||
|-|-|-|
|Item|Current Period|Last Period|

||||
|-|-|-|
||31,290,031.21|32,198,383.11|
|I. Operating income|||
||2,751,528.03|2,686,818.35|
|Less: operating cost|||
|Operating tax and extras|1,216,846.46|850,431.88|
|Sales expenses|||
||14,602,139.64|14,493,743.07|
|Administration expenses|||
||48,857.39|38,005.81|
|Financial expenses|||
||-189,620.97||
|Losses of devaluation of asset|||
|Add: Changing income of fair|||
|value(Loss is listed with “-”)|||
|Investment income (Loss is listed with|23,975,503.51|5,670,631.08|
|“-”)|||
|Including: Investment income on|12,527,913.26|2,669,288.58|
|affiliated company and joint venture|||
|Other income|||
|II. Operating profit (Loss is listed|36,835,784.17|19,800,015.08|
|with “-”)|||
|Add: Non-operating income|||
|Including: Disposal gains of|||
|non-current asset|||
|Less: Non-operating expense|||
|Including: Disposal loss of|||
|non-current asset|||
|III. Total Profit (Loss is listed with|||
||36,835,784.17|19,800,015.08|
|“-”)|||
|Less: Income tax expense|29,206.65|29,206.65|
|IV. Net profit (Net loss is listed with|||
||36,806,577.52|19,770,808.43|
|“-”)|||
|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 as a result of|||
|re-measurement of net defined benefit|||
|plan liability or asset|||
|2. Share of the other|||
|comprehensive income of the investee|||
|accounted for using equity method|||
|which will not be reclassified|||
|subsequently to profit and loss|||
|(II) Other comprehensive income|||
|items which will be reclassified|||

||||
|-|-|-|
|subsequently to profit or loss|||
|1. Share of the other|||
|comprehensive income of the investee|||
|accounted for using equity method|||
|which will be reclassified subsequently|||
|to profit or loss|||
|2. Gains or losses arising|||
|from changes in fair value of|||
|available-for-sale financial assets|||
|3. Gains or losses arising|||
|from reclassification of held-to-maturity|||
|investment as available-for-sale|||
|financial assets|||
|4. The effect hedging|||
|portion of gains or losses arising from|||
|cash flow hedging instruments|||
|5. Translation differences|||
|arising on translation of foreign|||
|currency financial statements|||
|6. Other|||
|VI. Total comprehensive income|36,806,577.52|19,770,808.43|
|VII. Earnings per share:|||
|(i) Basic earnings per share|0.1238|0.0665|
|(ii) Diluted earnings per share|0.1238|0.0665|

 7. Consolidated Cash Flow Statement (year-begin to end of this period)
In RMB
||||
|-|-|-|
|Item|Current Period|Last Period|
|I. Cash flows arising from operating|||
|activities:|||
|Cash received from selling commodities|256,675,341.11|244,037,171.68|
|and providing labor services|||
|Net increase of customer deposit and|||
|interbank 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|||
|Net increase of amount from disposal|||
|financial assets that measured by fair|||

||||
|-|-|-|
|value and with variation reckoned into|||
|current gains/losses|||
|Cash received from interest,|||
|commission charge and commission|||
|Net increase of capital borrowed|||
|Net increase of returned business|||
|capital|||
|Write-back of tax received|||
|Other cash received concerning|||
||89,046,069.93|31,649,864.23|
|operating activities|||
|Subtotal of cash inflow arising from|||
||345,721,411.04|275,687,035.91|
|operating activities|||
|Cash paid for purchasing|||
|commodities and receiving labor|163,189,622.63|143,284,565.42|
|service|||
|Net increase of customer loans and|||
|advances|||
|Net increase of deposits in central|||
|bank and interbank|||
|Cash paid for original insurance|||
|contract compensation|||
|Cash paid for interest, commission|||
|charge and commission|||
|Cash paid for bonus of guarantee|||
|slip|||
|Cash paid to/for staff and workers|42,946,296.52|45,521,147.58|
|Taxes paid|16,985,396.11|18,831,501.76|
|Other cash paid concerning|||
||82,815,035.81|33,508,872.04|
|operating activities|||
|Subtotal of cash outflow arising from|||
||305,936,351.07|241,146,086.80|
|operating activities|||
|Net cash flows arising from operating|||
||39,785,059.97|34,540,949.11|
|activities|||
|II. Cash flows arising from investing|||
|activities:|||
|Cash received from recovering|||
||391,000,000.00|235,800,000.00|
|investment|||
|Cash received from investment|13,735,482.06|11,567,683.11|

||||
|-|-|-|
|income|||
|Net cash received from disposal of|||
|fixed, intangible and other long-term|431,840.00||
|assets|||
|Net cash received from disposal of|||
||2,343,240.90||
|subsidiaries and other units|||
|Other cash received concerning|||
|investing activities|||
|Subtotal of cash inflow from investing|||
||407,510,562.96|247,367,683.11|
|activities|||
|Cash paid for purchasing fixed,|||
||16,804,864.33|44,239,451.56|
|intangible and other long-term assets|||
|Cash paid for investment|618,600,000.00|216,300,000.00|
|Net increase of mortgaged loans|||
|Net cash received from|||
|subsidiaries and other units obtained|||
|Other cash paid concerning|||
|investing activities|||
|Subtotal of cash outflow from investing|||
||635,404,864.33|260,539,451.56|
|activities|||
|Net cash flows arising from investing|||
||-227,894,301.37|-13,171,768.45|
|activities|||
|III. Cash flows arising from financing|||
|activities|||
|Cash received from absorbing|||
||15,172,000.00||
|investment|||
|Including: Cash received from|||
|absorbing minority shareholders’|15,172,000.00||
|investment by subsidiaries|||
|Cash received from loans|155,600,000.00||
|Cash received from issuing bonds|||
|Other cash received concerning|||
|financing activities|||
|Subtotal of cash inflow from financing|||
||170,772,000.00||
|activities|||
|Cash paid for settling debts|70,000,000.00||
|Cash paid for dividend and profit|||
||2,932,898.04|16,495,591.67|
|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|||
||72,932,898.04|16,495,591.67|
|activities|||
|Net cash flows arising from financing|||
||97,839,101.96|-16,495,591.67|
|activities|||
|IV. Influence on cash and cash|||
|equivalents due to fluctuation in|-153.38|126.81|
|exchange rate|||
|V. Net increase of cash and cash|||
||-90,270,292.82|4,873,715.80|
|equivalents|||
|Add: Balance of cash and cash|||
||218,497,640.10|159,184,710.93|
|equivalents at the period -begin|||
|VI. Balance of cash and cash|||
||128,227,347.28|164,058,426.73|
|equivalents at the period -end|||

8. Cash Flow Statement of parent company (year-begin to end of this period)
In RMB
||||
|-|-|-|
|Item|Current Period|Last Period|
|I. Cash flows arising from operating|||
|activities:|||
|Cash received from selling|||
|commodities and providing labor|45,046,784.94|43,930,329.68|
|services|||
|Write-back of tax received|||
|Other cash received concerning|||
||45,895,974.13|29,521,045.68|
|operating activities|||
|Subtotal of cash inflow arising from|||
||90,942,759.07|73,451,375.36|
|operating activities|||
|Cash paid for purchasing|||
|commodities and receiving labor|||
|service|||
|Cash paid to/for staff and workers|12,125,347.08|12,826,665.62|
|Taxes paid|2,865,271.14|3,055,212.65|
|Other cash paid concerning|||
||16,244,723.52|26,914,233.99|
|operating activities|||

||||
|-|-|-|
|Subtotal of cash outflow arising from|||
||31,235,341.74|42,796,112.26|
|operating activities|||
|Net cash flows arising from operating|||
||59,707,417.33|30,655,263.10|
|activities|||
|II. Cash flows arising from investing|||
|activities:|||
|Cash received from recovering|||
||340,000,000.00|205,000,000.00|
|investment|||
|Cash received from investment|||
||13,447,590.25|9,301,342.50|
|income|||
|Net cash received from disposal of|||
|fixed, intangible and other long-term|||
|assets|||
|Net cash received from disposal of|||
||14,150,000.00||
|subsidiaries and other units|||
|Other cash received concerning|||
|investing activities|||
|Subtotal of cash inflow from investing|||
||367,597,590.25|214,301,342.50|
|activities|||
|Cash paid for purchasing fixed,|||
||427,525.20|261,864.02|
|intangible and other long-term assets|||
|Cash paid for investment|581,598,000.00|200,000,000.00|
|Net cash received from|||
|subsidiaries and other units|||
|Other cash paid concerning|||
|investing activities|||
|Subtotal of cash outflow from investing|||
||582,025,525.20|200,261,864.02|
|activities|||
|Net cash flows arising from investing|||
||-214,427,934.95|14,039,478.48|
|activities|||
|III. Cash flows arising from financing|||
|activities|||
|Cash received from absorbing|||
|investment|||
|Cash received from loans|140,000,000.00||
|Cash received from issuing bonds|||
|Other cash received concerning|||
|financing activities|||

||||
|-|-|-|
|Subtotal of cash inflow from financing|||
||140,000,000.00||
|activities|||
|Cash paid for settling debts|70,000,000.00||
|Cash paid for dividend and profit|||
||2,061,416.69|16,495,591.67|
|distributing or interest paying|||
|Other cash paid concerning|||
|financing activities|||
|Subtotal of cash outflow from financing|||
||72,061,416.69|16,495,591.67|
|activities|||
|Net cash flows arising from financing|||
||67,938,583.31|-16,495,591.67|
|activities|||
|IV. Influence on cash and cash|||
|equivalents due to fluctuation in|||
|exchange rate|||
|V. Net increase of cash and cash|||
||-86,781,934.31|28,199,149.91|
|equivalents|||
|Add: Balance of cash and cash|||
||150,800,890.39|80,301,551.68|
|equivalents at the period -begin|||
|VI. Balance of cash and cash|||
||64,018,956.08|108,500,701.59|
|equivalents at the period -end|||

II. Audit report
Whether the third quarter report was audited or not
□Yes√No
The third quarter report of the Company has not been audited.