FIYTA HOLDINGS LTD. 2014
1ST
QUARTERLY REPORT FIYTA Holdings Ltd.
st
2014 1 Quarterly Report
April 2014
FIYTA HOLDINGS LTD. 2014
1ST
QUARTERLY REPORT Section 1 Important Notice
The Board of Directors, the Supervisory Committee, directors, supervisors and senior executives hereby individually and collectively accept responsibility for the correctness, accuracy and completeness of the contents of this report and confirm that there are no material omissions or errors which would render any statement misleading.
All the directors attended the board meeting for reviewing the Quarterly Report.
Mr. Lai Weixuan, the head of the Company, Mr. Li Dehua, chief financial officer and the Mr. Hu Xinglong, the person in charge of the accounting department (the person in charge of the accounting) hereby confirm the authenticity and completeness of the financial report enclosed in the Quarterly Report.
FIYTA HOLDINGS LTD. 2014
1ST
QUARTERLY REPORT Section 2 Financial Highlights and Change of Shareholders I. Financial Data Summary
Have the accounting data of the previous year undergone retroactive adjustment or restatement due to the change of accounting policy and/or correction of accounting errors, etc.
□ Yes√ No
|||||||
|-|-|-|-|-|-|
||||||Increase/decrease in|
||||||the reporting period vs|
|||||Same period of the||
|||Reporting period|||the corresponding|
|||||previous year||
||||||period of the previous|
||||||year (%)|
|Revenues in CNY|821,633,324.62||754,193,631.28||8.94%|
|Net profit attributable to the|44,214,332.41||34,763,554.98|||
||||||27.19%|
|Company’s shareholders, in CNY||||||
|Net profit attributable to the||||||
|Company’s shareholders less the||42,765,447.98||34,319,508.13|24.61%|
|non-recurring gains/losses, in CNY||||||
|Net cash flows arising from operating|31,053,528.71||52,376,507.68|||
||||||-40.71%|
|activities, in CNY||||||
|Basic earning per share (CNY/share)|0.113||0.089||26.97%|
|Diluted earning per share|0.113||0.089|||
||||||26.97%|
|(CNY/share)||||||
|Net assets-income ratio , weighted||||||
|||2.84%||2.38%|0.46%|
|average, (%)||||||
||||||Increase/decrease in|
|||End of the reporting||End of the previous|the reporting period vs|
|||period||year|the end of the previous|
||||||year (%)|
|Total assets, in CNY|3,676,214,903.35||3,558,702,591.28||3.3%|
|Net assets attributable to the|1,580,963,907.60||1,536,434,684.56|||
|Company’s shareholders, in CNY|||||2.9%|

 Non-recurring gains/losses and the amount involved
In CNY
FIYTA HOLDINGS LTD. 2014
1ST
QUARTERLY REPORT
||||
|-|-|-|
||From year beginning to||
|Items|the end of the reporting|Note:|
||period||
|Gain/Loss from disposal of non-current assets (including|||
|the written-off part with provision for impairment of assets|34,030.71||
|already)|||
|Government subsidy recognized in current gains and|||
|losses (excluding those closely related to the Company’s|||
||1,651,500.00||
|business and granted under the state’s policies according|||
|to certain quota of amount or volume)|||
|Reversal of provision for impairment of the accounts|||
||21,500.00||
|receivable separately tested for impairment|||
|Income and expenses from the business other than the|||
||192,059.04||
|above items|||
|Amount influencing the income tax|450,205.32||
|Total|1,448,884.43|--|

For theCompany’s non-recurring gain/loss items as defined in the Explanatory Announcement No. 1 on Information Disclosure for Companies Offering their Securities to the Public– Non-recurring Gains and Losses and its non-recurring gain/loss items as illustrated in the Explanatory Announcement No. 1 on Information Disclosure for Companies Offering their Securities to the Public– Non-recurring Gains and Losses which have been defined as recurring gains and losses, it is necessary to explain the reason.
Inapplicable
II. Total Shareholders at the End of the Reporting Period and Shareholding of the Top Ten Shareholders
In Shares
|||||||||||||
|-|-|-|-|-|-|-|-|-|-|-|-|
||Total shareholders at the end of|||||||||||
||||||30,071|||||||
||the reporting period|||||||||||
||Shareholding of the top 10 shareholders|||||||||||
||||||||||Number of|Pledging or freezing||
||||||||||shares with|||
||||||Shareholding||||trading|||
||Names of||||||Number of|||||
||||Nature||proportion||||limited|Status of the||
||Shareholders||||||shares held||||Number|
||||||(%)||||conditions|shares||
||||||||||held|||
|AVICInternationalHoldings Limited||State-ownedcorporate||41.49%||162,977,327||0||||

FIYTA HOLDINGS LTD. 2014
1ST
QUARTERLY REPORT
||||||||||
|-|-|-|-|-|-|-|-|-|
|China MerchantsSecurities (HK)Co., Ltd.||Foreigncorporate|1.58%||6,207,374|0|||
|Hua An Fund –Minsheng Bank– TianshouInvestmentStructurePortfolio No. 1AssetManagementProgram||Domesticnon-statecorporate|0.96%||3,756,047|0|||
|GOLDEN CHINAPLUS MASTERFUND||Foreigncorporate|0.87%||3,418,284|0|||
|EssenceInternationalSecurities (HongKong) Limited||Foreigncorporate|0.79%||3,103,200|0|||
|GREENWOODSCHINA ALPHAMASTER FUND||Foreigncorporate|0.68%||2,666,297|0|||
|KGI ASIALIMITED||Foreigncorporate|0.54%||2,110,501|0|||
|Dai Wen||Domesticnaturalperson|0.42%||1,660,468|0|||
|Zhu Jie||Domesticnaturalperson|0.27%||1,050,000|0|||
|Zhao Weimin||Domesticnaturalperson|0.25%||1,000,000|0|||
||Shareholding of top 10 shareholders of unrestricted shares||||||||
|||||Quantity of unrestricted shares held at the end|||Share type||
||Shareholder’s Name|||of the reporting period|||||
||||||||Share type|Quantity|
|AVIC International HoldingsLimited|||162,977,327||||A-shares|162,977,327|
|China Merchants Securities (HK)Co., Ltd.|||6,207,374||||B-shares|6,207,374|
|Hua An Fund – Minsheng Bank– Tianshou Investment StructurePortfolio No. 1 AssetManagement Program|||3,756,047||||||
||||||||A-shares|3,756,047|
|GOLDEN CHINA PLUS MASTERFUND|||3,418,284||||||
||||||||B-shares|3,418,284|
|Essence International Securities|||3,103,200||||B-shares|3,103,200|

FIYTA HOLDINGS LTD. 2014
1ST
QUARTERLY REPORT
|||||||
|-|-|-|-|-|-|
|(Hong Kong) Limited||||||
|GREENWOODS CHINA ALPHAMASTER FUND||2,666,297||||
|||||B-shares|2,666,297|
|KGI ASIA LIMITED||2,110,501||B-shares|2,110,501|
|Dai Wen||1,660,468||A-shares|1,660,468|
|Zhu Jie||1,050,000||A-shares|1,050,000|
|Zhao Weimin||1,000,000||A-shares|1,000,000|
||Explanation on associated||The Company has found neither affiliation among the aforesaid shareholders nor|||
||relationship or consistent action||concerted actor as specified in the Measures for Administration of Information on|||
||of the above shareholders||the Shareholder Equity Change of Listed Companies.|||
||||The total number of shares held by Dai Wen was 1,660,468 shares, where the|||
||Note to the top 10 shareholders|||||
||||total of the shares held in the securities margin trading in the credit account was|||
||involved in margin financing &|||||
||||1,600,000 shares and the total of the shares held in the general securities|||
||securities lending (if any)|||||
||||account was 60,468 shares.|||

Did the shareholders conduct agreed repurchase securities trading in the reporting period?
□ Yes√ No
FIYTA HOLDINGS LTD. 2014
1ST
QUARTERLY REPORT Section 3 Significant Events
I. Significant Changes in Principal Accounting Statement Items and Financial Indicators and the Causes
Inapplicable
II. Progress of Significant Events, their Influences and the Solutions
Inapplicable
III.The commitments of the Company and its shareholders holding over5% of theCompany’s total shares in the reporting period or extending to the reporting period from previous year(s)
|||||||
|-|-|-|-|-|-|
||||Commitment|Commitment|Implementati|
|Commitments|Promiser|Description||||
||||time|term|on|
|Commitment for Equity Separation||||||
|Reform||||||
|Commitments in the acquisition||||||
|report or the written report on change||||||
|of equity||||||
|Commitment made at the time of||||||
|asset reorganization||||||
|||The Company||||
|||||Deadline of the||
|||commits that in||||
|||||bonds (The||
|||case it is||||
|||||valid term of the||
|||predicted that||||
|||||bonds is 5||
|||the Company||||
|||||years attached||
|||may be unable||||
|||||with the||
|||to duly pay the||||
|||||investors’||
|||principal and||||
||FIYTA Holdings|||option of selling||
|Commitment made at IPO or||interest of the|February 27,||In process of|
||Ltd.|||back, the||
|re-financing||bond or fail to|2013||implementation|
|||||Company’s||
|||duly pay the||||
|||||option of||
|||principal and||||
|||||redemption and||
|||interest of the||||
|||||option of||
|||bond when it is||||
|||||up-regulation of||
|||due, the||||
|||||the nominal||
|||Company shall||||
|||||interest rate at||
|||at least take the||||
|||||the end of the||
|||following||||

FIYTA HOLDINGS LTD. 2014
1ST
QUARTERLY REPORT
|||||
|-|-|-|-|
|||measures: 1.|3rd year).|
|||not profit||
|||distribution to||
|||the||
|||shareholders||
|||shall be||
|||conducted. 2.||
|||implementation||
|||of any capital||
|||expenditure||
|||projects, such||
|||as material||
|||external||
|||investment,||
|||acquisition and||
|||merger, etc.||
|||shall be||
|||suspended. 3.||
|||salaries and||
|||bonus to the||
|||directors and||
|||senior||
|||executives shall||
|||be adjusted||
|||down or||
|||suspended. 4.||
|||None of the key||
|||officers may be||
|||transferred out.||
|Other commitments to the minority||||
|shareholders||||
|Has the commitment been timely||||
||Yes|||
|implemented?||||
|The specific cause of failure in||||
||Inapplicable|||
|implementation and the next plan (if any)||||

IV. Prediction of the Operation Performances from January to June 2014
Inapplicable
FIYTA HOLDINGS LTD. 2014
1ST
QUARTERLY REPORT V. Investment in Securities
Inapplicable
VI. Investment in Derivatives
Inapplicable
VII. Statement of such activities as reception, research, communication, interview in the reporting period
|||||||
|-|-|-|-|-|-|
||||||Discussion topics and|
|Reception Time|Reception place|Way of reception|Types of Visitors|Visitors received||
||||||provision of materials|
|||||Shangcheng Asset||
|||||Management Co.,||
|||||Ltd., Zhongzhao||
||||||Development trend of the|
|||||Investment||
||||||domestic luxury goods|
|||||Management Co.,||
||||||sector, some measures|
|||||Ltd., China||
||||||concerning the Company’s|
|||||Merchants||
|||||Merchants||
||||||strategic development,|
|January 3, 2014|Company|On-Site Survey|Institution|||
|||||Fund Management||
||||||brand construction, channel|
|||||Co., Ltd.,||
||||||management in the past|
|||||Shenzhen||
||||||three years. Provision of|
|||||Sunshine||
||||||the Company ’ s public|
|||||Asset Managemen||
||||||brochures in 2014.|
|||||t Co., Ltd.,||
|||||Minsheng||
|||||Securities Co., Ltd.||
|||||HUAXI Securities||
|||||Co.,Ltd.,||
|||||Greenwoods||
|||||Greenwoods||
||||||Development trend of the|
|||||Asset Managemen||
|||||t Co., Ltd., Great|domestic luxury goods|
|||||Wall Securities|sector, some measures|
|||||Co., Ltd.,|concerning the Company’s|
|||||Co., Ltd.,||
|||||Huashang Fund|strategic development,|
|March 7, 2014|Company|On-Site Survey|Institution|||
||||||brand construction, channel|
|||||Management Co.,||
||||||management in the past|
|||||Ltd., Guotai Junan||
|||||Securities, UBS|three years. Provision of|
||||||the Company’s public|
|||||SDIC, Shenzhen||
|||||Ivy|brochures in 2014.|
|||||Asset Managemen||
|||||t Co.,Ltd.,||
|||||Soochow Asset||

FIYTA HOLDINGS LTD. 2014
1ST
QUARTERLY REPORT
||
|-|
|Management,|
|Infore|
|Capital Manageme|
|nt Co.,Ltd.,|
|Guangzhou|
|Guangheng|
|Securities|
|Research Institute|
|Co., Ltd., Haitong|
|Securities Asset|
|Management Co.,|
|Ltd.|

FIYTA HOLDINGS LTD. 2014
1ST
QUARTERLY REPORT Section 4 Financial Statements
I. Financial Statements
1. Consolidated Balance Sheet
Prepared by Fiyta Holdings Ltd.
In CNY
||||
|-|-|-|
|Items|Ending balance|Opening balance|
|Current assets:|||
|Monetary fund|199,442,302.96|107,663,110.74|
|Settlement Reserve|||
|Inter-bank lending|||
|Trading financial assets|||
|Notes receivable|10,436,928.79|7,100,000.00|
|Accounts receivable|390,101,497.14|324,457,339.19|
|Prepayments|37,424,918.36|43,487,613.07|
|Insurance premium|||
|receivable|||
|Reinsurance accounts|||
|receivable|||
|Accounts receivable|||
|reinsurance reserve|||
|Interest receivable|||
|Dividends receivable|||
|Other receivables|41,260,056.22|40,436,640.10|
|Buying and selling back|||
|financial assets|||
|Inventories|2,086,098,751.72|2,123,342,820.93|
|Non-current assets due|||
|within a year|||
|Other current assets|13,312,083.10|30,811,991.07|
|Total current assets|2,778,076,538.29|2,677,299,515.10|
|Non-Current Assets:|||
|Disbursement of entrusted|||

FIYTA HOLDINGS LTD. 2014
1ST
QUARTERLY REPORT
||||
|-|-|-|
|loans and advances|||
|Available-for-sale financial|||
|assets|||
|Held –to-maturity|||
|investment|||
|Long-term accounts|||
|receivable|||
|Long-term equity investment|43,322,940.12|43,322,940.12|
|Investment based real estate|232,949,748.29|235,235,684.76|
|Fixed assets|319,362,066.76|306,888,964.31|
|Construction-in-process|13,729,141.03|6,608,187.55|
|Engineering supplies|||
|Disposal of fixed assets|||
|Productive biological assets|||
|Oil and gas asset|||
|Intangible assets|35,916,887.89|36,168,611.72|
|Development expenses|||
|Goodwill|||
|Long-term expenses to be|||
||150,663,259.73|146,542,685.58|
|apportioned|||
|Deferred income tax asset|70,694,321.24|74,159,134.29|
|Other non-current assets|31,500,000.00|32,476,867.85|
|Total non-current assets|898,138,365.06|881,403,076.18|
|Total assets|3,676,214,903.35|3,558,702,591.28|
|Current liabilities:|||
|Short-term borrowing|1,123,000,000.00|1,023,000,000.00|
|Borrowings from central|||
|bank|||
|Receipt of deposits and|||
|deposits from other banks|||
|Loans from other banks|||
|Trading financial liabilities|||
|Notes payable|||
|Accounts payable|164,091,943.32|222,347,620.47|
|Advance receipts|9,492,706.35|9,667,278.30|
|Funds from selling out and|||

FIYTA HOLDINGS LTD. 2014
1ST
QUARTERLY REPORT
|||||
|-|-|-|-|
|repurchasing financial assets||||
|Service charge and||||
|commission payable||||
|Salaries payable to the||||
|||12,196,653.50|31,173,812.15|
|employees||||
|Taxes payable||76,143,380.30|57,628,175.26|
|Interest payable||4,123,307.90|19,422,859.82|
|Dividends payable||||
|Other payables||37,786,980.31|38,454,934.30|
|Reinsurance payable||||
|Insurance contract reserve||||
|Funds from securities||||
|trading agency||||
|Funds from underwriting||||
|securities agency||||
|Non-current liabilities due||||
|||39,310,000.00|39,310,000.00|
|within a year||||
|Other current liabilities||7,853,357.91|4,924,394.22|
|Total current liabilities||1,473,998,329.59|1,445,929,074.52|
|Non-Current Liabilities:||||
|Long term borrowings||217,468,010.90|173,274,950.01|
|Bonds payable||397,982,085.94|397,728,975.00|
|Long term accounts payable||||
|Special accounts payable||||
|Predicted liabilities||||
|Deferred income tax liability||||
|Other non-current liabilities||3,430,000.00|2,950,000.00|
|Total non-current liabilities||618,880,096.84|573,953,925.01|
|Total liabilities||2,092,878,426.43|2,019,882,999.53|
|Owners’ equity (or shareholders|’|||
|equity):||||
|Paid up capital (or capital||||
|||392,767,870.00|392,767,870.00|
|stock)||||
|Capital reserve||525,506,952.78|525,506,952.78|
|Less: shares in stock||||
|Special reserve||||

FIYTA HOLDINGS LTD. 2014
1ST
QUARTERLY REPORT
|||||
|-|-|-|-|
|Surplus reserve||156,714,094.20|156,714,094.20|
|Generic risk reserve||||
|Retained earnings||513,920,933.08|469,706,600.67|
|Foreign Currency Capital||-7,945,942.46|-8,260,833.09|
|Total owner’s equity attributable to||||
|||1,580,963,907.60|1,536,434,684.56|
|the parent company||||
|Minority equity||2,372,569.32|2,384,907.19|
|Owners’ equity (or shareholders|’|||
|||1,583,336,476.92|1,538,819,591.75|
|equity)||||
|Total liabilities and owners’ equity||||
|||3,676,214,903.35|3,558,702,591.28|
|(or shareholders’ equity)||||

Legal Representative: Lai Weixuan Chief Financial Officer: Li Dehua
Manager of the Accounting Dept: Hu Xinglong
FIYTA HOLDINGS LTD. 2014
1ST
QUARTERLY REPORT 2. Balance Sheet, Parent Company
Prepared by Fiyta Holdings Ltd.
In CNY
||||
|-|-|-|
|Items|Ending balance|Opening balance|
|Current assets:|||
|Monetary fund|88,464,619.93|27,929,968.24|
|Trading financial assets|||
|Notes receivable|||
|Accounts receivable|239,202,039.81|239,193,039.81|
|Prepayments|282,000.00||
|Interest receivable|||
|Dividends receivable|||
|Other receivables|1,255,073,731.53|1,337,631,334.01|
|Inventories|||
|Non-current assets due|||
|within a year|||
|Other current assets||308,119.88|
|Total current assets|1,583,022,391.27|1,605,062,461.94|
|Non-Current Assets:|||
|Available-for-sale financial|||
|assets|||
|Held –to-maturity|||
|investment|||
|Long-term accounts|||
|receivable|||
|Long-term equity investment|775,522,660.12|775,522,660.12|
|Investment based real estate|232,949,748.29|235,235,684.76|
|Fixed assets|120,532,926.02|108,094,045.84|
|Construction-in-process|13,729,141.03|6,608,187.55|
|Engineering supplies|||
|Disposal of fixed assets|||
|Productive biological assets|||
|Oil and gas asset|||
|Intangible assets|29,571,856.28|29,820,750.12|
|Development expenses|||

FIYTA HOLDINGS LTD. 2014
1ST
QUARTERLY REPORT
||||
|-|-|-|
|Goodwill|||
|Long-term expenses to be|||
||5,272,788.50|5,679,969.47|
|apportioned|||
|Deferred income tax asset|775,806.46|775,806.46|
|Other non-current assets||10,976,867.85|
|Total non-current assets|1,178,354,926.70|1,172,713,972.17|
|Total assets|2,761,377,317.97|2,777,776,434.11|
|Current liabilities:|||
|Short-term borrowing|813,000,000.00|823,000,000.00|
|Trading financial liabilities|||
|Notes payable|||
|Accounts payable|1,423,712.81|1,273,442.81|
|Advance receipts|2,779,788.02|1,368,593.44|
|Salaries payable to the|||
||579,100.00|5,700,000.00|
|employees|||
|Taxes payable|4,404,358.59|2,909,411.40|
|Interest payable|3,363,393.11|18,444,077.78|
|Dividends payable|||
|Other payables|16,265,152.06|15,261,230.72|
|Non-current liabilities due|||
|within a year|||
|Other current liabilities|||
|Total current liabilities|841,815,504.59|867,956,756.15|
|Non-Current Liabilities:|||
|Long term borrowings|92,361,928.00|87,361,928.00|
|Bonds payable|397,982,085.94|397,728,975.00|
|Long term accounts payable|||
|Special accounts payable|||
|Predicted liabilities|||
|Deferred income tax liability|||
|Other non-current liabilities|3,430,000.00|2,950,000.00|
|Total non-current liabilities|493,774,013.94|488,040,903.00|
|Total liabilities|1,335,589,518.53|1,355,997,659.15|
|Owners’ equity (or shareholders’|||
|equity):|||

FIYTA HOLDINGS LTD. 2014
1ST
QUARTERLY REPORT
||||
|-|-|-|
|Paid up capital (or capital|||
||392,767,870.00|392,767,870.00|
|stock)|||
|Capital reserve|531,162,493.88|531,162,493.88|
|Less: shares in stock|||
|Special reserve|||
|Surplus reserve|156,714,094.20|156,714,094.20|
|Generic risk reserve|||
|Retained earnings|345,143,341.36|341,134,316.88|
|Foreign Currency Capital|||
|Owners’ equity (or shareholders’|||
||1,425,787,799.44|1,421,778,774.96|
|equity)|||
|Total liabilities and owners’ equity|||
||2,761,377,317.97|2,777,776,434.11|
|(or shareholders’ equity)|||

Legal Representative: Lai Weixuan Chief Financial Officer: Li Dehua
Manager of the Accounting Dept: Hu Xinglong
FIYTA HOLDINGS LTD. 2014
1ST
QUARTERLY REPORT 3. Consolidated Profit Statement
Prepared by Fiyta Holdings Ltd.
In CNY
||||
|-|-|-|
|Items|Amount in the reporting period|Amount in the previous period|
|I. Gross Revenue|821,633,324.62|754,193,631.28|
|Including: revenue|821,633,324.62|754,193,631.28|
|Interest income|||
|Earned premium|||
|Service charge and|||
|commission income|||
|II. Total operating cost|768,987,329.63|710,933,375.39|
|Including: operating costs|520,359,706.47|491,708,505.30|
|Interest payment|||
|Service charge and|||
|commission payment|||
|Refunded premiums|||
|Compensation|||
|pay-out, net|||
|Net amount of|||
|reserves for reinsurance contract|||
|Policy dividend|||
|payment|||
|Reinsurance|||
|expenses|||
|Business taxes and|||
||4,156,474.04|3,897,261.83|
|surcharge|||
|Sales costs|176,298,576.57|154,136,960.49|
|Administrative|||
||41,325,302.92|35,969,721.78|
|expenses|||
|Financial expenses|26,874,519.63|25,472,964.67|
|Loss from impairment|||
||-27,250.00|-252,038.68|
|of assets|||
|Add: Income from change of|||
|fair value (loss is stated with “-“)|||
|Investment income|||
|(loss is stated with “-“)|||
|Including: income|||

FIYTA HOLDINGS LTD. 2014
1ST
QUARTERLY REPORT
||||
|-|-|-|
|from investment in associates and|||
|joint ventures|||
|Exchange income|||
|(loss is stated with “-“)|||
|III. Operating Profit (loss is stated|||
||52,645,994.99|43,260,255.89|
|with “-“)|||
|Plus: Non-operating income|1,928,542.34|275,440.14|
|Less: Non-operating|||
||50,952.59|4,181.32|
|expenses|||
|Including: Loss from|||
||1,154.97|-|
|disposal of non-current assets|||
|IV. Total profit (total loss is stated|||
||54,523,584.74|43,531,514.71|
|with “-”)|||
|Less: Income tax expense|10,321,784.01|8,745,971.82|
|V. Net Profit (net loss is stated with|||
||44,201,800.73|34,785,542.89|
|“-“)|||
|Including: Net profit realized|||
|by the consolidatee realized|||
|before the consolidation|||
|Net profit attributable to the|||
||44,214,332.41|34,763,554.98|
|parent company’s owner|||
|Minority shareholders’|||
||-12,531.68|21,987.91|
|gain/loss|||
|VI. Earnings per share:|--|--|
|(I) Basic earnings per share|0.113|0.089|
|(II) Diluted earnings per|||
||0.113|0.089|
|share|||
|VII. Other comprehensive income|314,890.63|-598,875.56|
|VIII. Total comprehensive income|44,516,691.36|34,186,667.33|
|Total comprehensive income|||
|attributable to the owner of the|44,529,029.23|34,164,676.70|
|parent company|||
|Total comprehensive income|||
|attributable to minority|-12,337.87|21,990.63|
|shareholders|||

Legal Representative: Lai Weixuan Chief Financial Officer: Li Dehua
Manager of the Accounting Dept: Hu Xinglong
FIYTA HOLDINGS LTD. 2014
1ST
QUARTERLY REPORT 4. Profit Statement, Parent Company
Prepared by Fiyta Holdings Ltd.
In CNY
||||
|-|-|-|
|Items|Amount in the reporting period|Amount in the previous period|
|I. Revenue|22,061,761.38|21,629,502.27|
|Less: Business costs|3,294,857.83|3,445,062.57|
|Business taxes and|||
||1,304,856.52|1,713,487.37|
|surcharge|||
|Sales costs|0.00|2,213,767.00|
|Administrative|||
||10,586,721.37|9,294,459.44|
|expenses|||
|Financial expenses|2,182,804.40|109,512.35|
|Loss from impairment of|||
||-21,500.00|0.00|
|assets|||
|Add: Income from change of|||
|fair value (loss is stated with “-“)|||
|Investment income (loss|||
|is stated with “-“)|||
|Including: return on|||
|investment in associates and joint|||
|ventures|||
|II. Operating Profit (loss is stated|||
||4,714,021.26|4,853,213.54|
|with “-“)|||
|Plus: Non-operating income|637,378.18|254,000.00|
|Less: Non-operating|||
||0.00|0.00|
|expenses|||
|Including: Loss from|||
||0.00|0.00|
|disposal of non-current assets|||
|III. Total profit (total loss is stated|||
||5,351,399.44|5,107,213.54|
|with “-“)|||
|Less: Income tax expense|1,342,374.96|1,126,803.39|
|IV. Net Profit (net loss is stated|||
||4,009,024.48|3,980,410.15|
|with “-“)|||
|V. Earnings per share|--|--|
|(I) Basic earnings per share|0.01|0.01|
|(II) Diluted earnings per|||
||0.01|0.01|
|share|||

FIYTA HOLDINGS LTD. 2014
1ST
QUARTERLY REPORT
||||
|-|-|-|
|VI. Other comprehensive income|||
|VII. Total comprehensive income|4,009,024.48|3,980,410.15|

 Legal Representative: Lai Weixuan Chief Financial Officer: Li Dehua
Manager of the Accounting Dept: Hu Xinglong
FIYTA HOLDINGS LTD. 2014
1ST
QUARTERLY REPORT 5. Consolidated Cash Flow Statement
Prepared by Fiyta Holdings Ltd.
In CNY
||||
|-|-|-|
|Items|Amount in the reporting period|Amount in the previous period|
|I. Net cash flows arising from|||
|operating activities:|||
|Cash received from sales of|||
||884,948,357.50|830,187,395.50|
|goods and supply of labor|||
|Net increase of customers’|||
|deposit and due from banks|||
|Net increase of borrowings|||
|from the central bank|||
|Net increase of borrowings|||
|from other financial institutions|||
|Cash received from former|||
|insurance contract premium|||
|Net cash received from|||
|reinsurance business|||
|Net increase of insurance|||
|reserve and investment|||
|Net increase from disposal|||
|of transactional financial asset|||
|Cash received from interest,|||
|service charge and commission|||
|Net increase of borrowings|||
|Net increase of fund from|||
|repurchases|||
|Rebated taxes received|0.00|0.00|
|Other operation activity|||
||9,150,327.51|5,268,209.81|
|related cash receipts|||
|Subtotal of cash flow in from|||
||894,098,685.01|835,455,605.31|
|operating activity|||
|Cash paid for purchase of|||
|goods and reception of labor|633,931,141.30|574,477,489.00|
|services|||
|Net increase of loans and|||
|advances to customers|||
|Net increase of due from|||

FIYTA HOLDINGS LTD. 2014
1ST
QUARTERLY REPORT
||||
|-|-|-|
|central bank and due from banks|||
|Cash paid for indemnity of|||
|original insurance contract|||
|Cash paid for interest,|||
|service charge and commission|||
|Cash paid for insurance|||
|policy dividend|||
|Cash paid to and for staff|121,569,156.20|107,828,818.30|
|Taxes paid|26,556,443.68|34,441,205.11|
|Other business related cash|||
||80,988,415.12|66,331,585.22|
|payments|||
|Subtotal of cash flow out from|||
||863,045,156.30|783,079,097.63|
|operating activity|||
|Net cash flow arising from|||
||31,053,528.71|52,376,507.68|
|operating activities|||
|II. Cash flows arising from|||
|investment activities:|||
|Cash received from recovery|||
||1,400,000.81|0.00|
|of investment|||
|Cash received from|||
|investment income|||
|Net amount of cash received|||
|from disposal of fixed assets,|||
||1,496.04|620,000.00|
|intangible assets and other long|||
|term assets|||
|Net cash received from|||
|disposal of subsidiaries and other|||
|operating units|||
|Other investment related|||
|cash receipts|||
|Subtotal of cash flow in from|||
||1,401,496.85|620,000.00|
|investment activity|||
|Cash paid for|||
|construction/purchase of fixed|||
||45,434,965.95|18,696,384.90|
|assets, intangible assets and other|||
|long term assets|||
|Cash paid for investment|||
|Net increase of|||
|hypothecated loans|||

FIYTA HOLDINGS LTD. 2014
1ST
QUARTERLY REPORT
||||
|-|-|-|
|Net cash received from|||
|payment by subsidiaries and other|||
|operating units|||
|Other investment related|||
|cash payments|||
|Subtotal of cash flow out from|||
||45,434,965.95|18,696,384.90|
|investment activity|||
|Net cash flow arising from|||
||-44,033,469.10|-18,076,384.90|
|investment activities|||
|III. Cash flows arising from fund|||
|raising activities:|||
|Cash received from|||
|absorption of investment|||
|Incl.: Cash received from|||
|subsidiaries’ absorption of|||
|minority shareholders’|||
|investment|||
|Cash received from|||
||584,310,000.00|63,992,441.63|
|borrowings|||
|Cash received from bond|||
|issuing|||
|Other fund-raising related|||
||0.00|396,900,000.00|
|cash receipts|||
|Subtotal of cash flow in from fund|||
||584,310,000.00|460,892,441.63|
|raising activity|||
|Cash paid for liabilities|||
||440,117,434.20|395,031,175.00|
|repayment|||
|Cash paid for dividend/profit|||
|distribution or repayment of|38,831,155.33|15,467,352.38|
|interest|||
|Including: Dividend and|||
|profit paid by subsidiaries to|||
|minority shareholders|||
|Other fund-raising related|||
||751,008.00|137,986.00|
|cash payments|||
|Subtotal of cash flow out from fund|||
||479,699,597.53|410,636,513.38|
|raising activity|||
|Net cash flow arising from|||
||104,610,402.47|50,255,928.25|
|fund-raising activities|||

FIYTA HOLDINGS LTD. 2014
1ST
QUARTERLY REPORT
||||
|-|-|-|
|IV. Influence from change of|||
|exchange rate upon cash and|148,730.19|-636.16|
|cash equivalents|||
|V. Net increase of cash and cash|||
||91,779,192.27|84,555,414.87|
|equivalents|||
|Plus: Opening balance of|||
||107,663,110.70|140,420,994.70|
|cash and cash equivalents|||
|VI. Ending balance of cash and|||
||199,442,302.97|224,976,409.57|
|cash equivalents|||

Legal Representative: Lai Weixuan Chief Financial Officer: Li Dehua
Manager of the Accounting Dept: Hu Xinglong
FIYTA HOLDINGS LTD. 2014
1ST
QUARTERLY REPORT 6. Cash Flow Statement, Parent Company
Prepared by Fiyta Holdings Ltd.
In CNY
||||
|-|-|-|
|Items|Amount in the reporting period|Amount in the previous period|
|I. Net cash flows arising from|||
|operating activities:|||
|Cash received from sales of|||
||24,284,508.27|19,959,998.48|
|goods and supply of labor|||
|Rebated taxes received|0.00|0.00|
|Other operation activity|||
||104,824,603.60|1,365,306.77|
|related cash receipts|||
|Subtotal of cash flow in from|||
||129,109,111.87|21,325,305.25|
|operating activity|||
|Cash paid for purchase of|||
|goods and reception of labor|0.00|0.00|
|services|||
|Cash paid to and for staff|14,481,604.56|12,251,559.19|
|Taxes paid|2,246,223.92|6,876,199.46|
|Other business related cash|||
||3,872,596.27|182,915,857.60|
|payments|||
|Subtotal of cash flow out from|||
||20,600,424.75|202,043,616.25|
|operating activity|||
|Net cash flow arising from|||
||108,508,687.12|-180,718,311.00|
|operating activities|||
|II. Cash flows arising from|||
|investment activities:|||
|Cash received from recovery|||
||1,400,000.81|0.00|
|of investment|||
|Cash received from|||
||0.00|0.00|
|investment income|||
|Net amount of cash received|||
|from disposal of fixed assets,|||
||0.00|620,000.00|
|intangible assets and other long|||
|term assets|||
|Net cash received from|||
|disposal of subsidiaries and other|0.00|0.00|
|operating units|||
|Other investment related|||
||0.00|0.00|
|cash receipts|||

FIYTA HOLDINGS LTD. 2014
1ST
QUARTERLY REPORT
||||
|-|-|-|
|Subtotal of cash flow in from|||
||1,400,000.81|620,000.00|
|investment activity|||
|Cash paid for|||
|construction/purchase of fixed|||
||9,361,115.21|1,602,602.66|
|assets, intangible assets and other|||
|long term assets|||
|Cash paid for investment|0.00|0.00|
|Net cash received from|||
|payment by subsidiaries and other|0.00|0.00|
|operating units|||
|Other investment related|||
||0.00|0.00|
|cash payments|||
|Subtotal of cash flow out from|||
||9,361,115.21|1,602,602.66|
|investment activity|||
|Net cash flow arising from|||
||-7,961,114.40|-982,602.66|
|investment activities|||
|III. Cash flows arising from fund|||
|raising activities:|||
|Cash received from|||
||0.00|0.00|
|absorption of investment|||
|Cash received from|||
||335,000,000.00|0.00|
|borrowings|||
|Cash received from bond|||
|issuing|||
|Other fund-raising related|||
||0.00|396,900,000.00|
|cash receipts|||
|Subtotal of cash flow in from fund|||
||335,000,000.00|396,900,000.00|
|raising activity|||
|Cash paid for liabilities|||
||340,000,000.00|170,000,000.00|
|repayment|||
|Cash paid for dividend/profit|||
|distribution or repayment of|34,261,913.03|7,664,977.77|
|interest|||
|Other fund-raising related|||
||751,008.00|137,986.00|
|cash payments|||
|Subtotal of cash flow out from fund|||
||375,012,921.03|177,802,963.77|
|raising activity|||
|Net cash flow arising from|||
||-40,012,921.03|219,097,036.23|
|fund-raising activities|||

FIYTA HOLDINGS LTD. 2014
1ST
QUARTERLY REPORT
||||
|-|-|-|
|IV. Influence from change of|||
|exchange rate upon cash and|0.00|0.00|
|cash equivalents|||
|V. Net increase of cash and cash|||
||60,534,651.69|37,396,122.57|
|equivalents|||
|Plus: Opening balance of|||
||27,929,968.24|51,372,778.02|
|cash and cash equivalents|||
|VI. Ending balance of cash and|||
||88,464,619.93|88,768,900.59|
|cash equivalents|||

Legal Representative: Lai Weixuan Chief Financial Officer: Li Dehua
Manager of the Accounting Dept: Hu Xinglong
II.Auditors’ Report
TheCompany’s
1st
Quarterly Report has not been audited