Dongfeng Sci-Tech Group CO., LTD.
THE THIRD QUARTERLY REPORT FOR 2017
October 2017
Section I. Important Notes
Board of Directors and the Supervisory Committee of Dongfeng Sci-Tech Group Co., Ltd. (hereinafter referred to as the Company) and its directors, supervisors and senior executives 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 of the Company are attended the Meeting for quarterly report deliberation.
Principal of the Company Zhao Yongsheng, Person in Charge of Accounting Works Zhao Yongsheng and Person in Charge of Accounting Organ (Accounting Officer) Liu Fengguo 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)|605,893,232.00||626,756,827.34||-3.33%||
|Net assets attributable to|355,663,560.12||359,826,450.98||||
|shareholders of listed company|||||-1.16%||
|(RMB)|||||||
|||||||Increase/decrease in|
|||Increase/decrease in|||||
|||||Year-begin to end of||comparison with|
||Current period|comparison with same|||||
|||||the Period||year-begin to|
|||period of last year|||||
|||||||Period-end of last year|
|Operating revenue (RMB)|468,140.80|-99.55%||102,032,135.27||-65.44%|
|Net profit attributable to|-36,712.84|||-3,182,381.80|||
|shareholders of the listed company||-101.50%||||-174.77%|
|(RMB)|||||||
|Net profit attributable to|||||||
|shareholders of the listed company|||||||
||-167,966.40|-106.66%||-3,336,643.59||-172.65%|
|after deducting non-recurring gains|||||||
|and losses (RMB)|||||||
|Net cash flow arising from||||-48,576,810.42|||
||--|--||||-160.16%|
|operating activities (RMB)|||||||
|Basic earnings per share|-0.001|||-0.005|||
|||-133.33%||||-183.33%|
|(RMB/Share)|||||||
|Diluted earnings per share|-0.001|||-0.005|||
|||-133.33%||||-183.33%|
|(RMB/Share)|||||||
|Weighted average ROE|-0.01%|-0.69%||-0.89%||-2.09%|

 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)|||
||846,908.21||

||||
|-|-|-|
|Other non-operating income and expenditure except for the|||
||-692,646.42||
|aforementioned items|||
|Total|154,261.79|--|

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|||||
|||19,352|||||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|||||non-tradable||||
||shareholder|shares held|held|||State of share||Amount|
||||||shares held||||
|Wang Dong|Domestic naturalperson|29.49%|208,324,800||208,324,800||||
|China EverbrightSecurities (HK)Limited|Foreign corporate|13.58%|95,949,177||0||||
|GUOTAIJUNANSECURITIES(HONGKONG)LIMITED|Foreign corporate|6.93%|48,955,244||0||||
|Chengde NorthIndustrialCorporation|Domesticnon-state ownedlegal person|2.62%|18,517,651||18,517,651||||
|Wang Zhengsong|Domestic natural|1.89%|13,327,891||13,327,891||||

||||||||
|-|-|-|-|-|-|-|
||person||||||
|Shen wanHongyuansecurities (HongKong) Co., LTD.|Foreign corporate|1.37%|9,690,528|0|||
|Wang Wensheng|Domestic naturalperson|1.03%|7,258,007|0|||
|Zhou Haihong|Domestic naturalperson|0.95%|6,708,495|0|||
|Li Tianyun|Domestic naturalperson|0.73%|5,158,000|0|||
|Zhao Ziying|Domestic naturalperson|0.47%|3,286,616|0|||
|Tradable shares held by top 10 shareholders|||||||
||||||Type of shares||
|Shareholders||Amount of tradable shares held|||||
||||||Type|Amount|
|China Everbright Securities (HK)Limited||95,949,177|||Domestically||
||||||listed foreign|95,949,177|
||||||shares||
|GUOTAI JUNANSECURITIES(HONGKONG)LIMITED||48,955,244|||Domestically||
||||||listed foreign|48,955,244|
||||||shares||
|Shen wan Hongyuan securities(Hong Kong) Co., LTD.||9,690,528|||Domestically||
||||||listed foreign|9,690,528|
||||||shares||
|Wang Wensheng||7,258,007|||Domestically||
||||||listed foreign|7,258,007|
||||||shares||
|Zhou Haihong||6,708,495|||Domestically||
||||||listed foreign|6,708,495|
||||||shares||
|Li Tianyun||5,158,000|||Domestically||
||||||listed foreign|5,158,000|
||||||shares||
|Zhao Ziying||3,286,616|||Domestically||
||||||listed foreign|3,286,616|
||||||shares||
|Peng Wei||2,978,525|||Domestically||
|||||||2,978,525|
||||||listed foreign||

|||||
|-|-|-|-|
|||shares||
|Chen Yan|2,017,000|Domestically||
|||listed foreign|2,017,000|
|||shares||
|Li Siquan|1,540,337|Domestically||
|||listed foreign|1,540,337|
|||shares||
|Explanation on associated|The Company is unknown whether there exists associated relationship or belongs to|||
|relationship among the aforesaid|consistent actor regulated by “management method for acquisition of listed company” among|||
|shareholders|the above said shareholders.|||
|Explanation on shareholders||||
|involving margin business about top||||
||N/A|||
|ten common shareholders (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 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
||||||||
|-|-|-|-|-|-|-|
|1. Items of balance sheet|||||||
|Serial|Item|Closing balance|Opening balance|Changes||Reasons|
|||||Amount|Ratio||
|1|Monetary fund|169,534,800.26|132,970,162.23|36,564,638.03|27.50%|Account of lands collected in theperiod|
|2|Account paidin advance|33,202.03|18,250,328.13|-18,217,126.10|-99.82%|Account paid in advance settled inthe period|
|3|Otherreceivables|3,205,467.15|67,805,513.40|-64,600,046.25|-95.27%|Account of lands collected in theperiod|
|4|Other currentassets|7,736,449.58|19,177,045.07|-11,440,595.49|-59.66%|Loss and gain brought forward inthe period from taxes paid inadvance|
|5|Accountpayable|21,490,971.54|12,889,329.86|8,601,641.68|66.73%|Account payable for emgineeringsettled in the period|
|6|Other payable|7,188,063.69|4,476,864.40|2,711,199.29|60.56%|Current account increased in theperiod|
|2. Items of profit statement|||||||
|Serial|Item|This Period|Last period|Changes||Reasons|
|||||Amount|Ratio||
|1|Operationrevenue|102,032,135.27|295,218,682.21|-193,186,546.94|-65.44%|Carry-over from real estate projectin the period decreased on a y-o-ybasis|
|2|Operation cost|87,377,746.98|251,759,308.25|-164,381,561.27|-65.29%|Carry-over from real estate projectin the period decreased on a y-o-ybasis|
|3|Business taxand surcharge|2,411,037.70|19,908,763.10|-17,497,725.40|-87.89%|Carry-over from real estate projectin the period decreased on a y-o-ybasis|
|4|Financialexpense|-1,822,812.79|-271,060.25|-1,551,752.54|-572.48%|Interest of the deposit in the periodincreased|
|5|Non-operationrevenue|889,710.45|170,218.40|719,492.05|422.69%|Earnings from land transferincreased in the period|
|6|Non-operation|735,448.66|506,743.91|228,704.75|45.13%|Donation outlay increased in the|

||||||||
|-|-|-|-|-|-|-|
||expenditure|||||period|
|3. Items of cash flow statement|||||||
|Serial|Item|This Period|Last period|Changes||Reasons|
|||||Amount|Ratio||
|1|Net cash flowarising fromoperatingactivities|-48,576,810.42|80,749,416.66|-129,326,227.08|-160.16%|Account paid for real estatedevelopment increased in theperiod|
|2|Net cash flowarising frominvestmentactivities|85,141,448.45|-27,837,746.95|112,979,195.40|405.85%|Investment expenditure declinedin the period and land accountcollected|
|3|Net cash flowarising fromfinancingactivities|-675,500.00|-6,672,835.54|5,997,335.54|89.88%|Cash deposit of bank paid in theperiod decreased|

II. Progress and influence of the main events as well as solution analysis specification
□ Applicable√ Not applicable
III. Commitments that the actual controller, shareholders, related parties, offeror and the Company 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 parties, offeror and the Company 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 of receiving research, communication and interview in the report period
√ Applicable□Not applicable
|||||
|-|-|-|-|
|Time|Way|Type|Basic situation index of investigation|
||||Operation condition of the Company, no|
|2017-08-23|Telephone|Personal||
||||material provided|
||||Current status of the Company and no|
|2017-09-15|Telephone|Personal||
||||material provided|

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 targeted poverty alleviation
2. Targeted poverty alleviation for 3Q
The Company has no precise social responsibility for poverty alleviation in the period and has no follow-up plan either.
3. Follow-up targeted poverty alleviation scheme
Section IV. Financial Statement
I. Financial statement
1. Consolidate balance sheet
Prepared by Dongfeng Sci-Tech Group CO., LTD.
2017-09-30
In RMB
||||
|-|-|-|
|Item|Balance at period-end|Balance at period-begin|
|Current assets:|||
|Monetary funds|169,534,800.26|132,970,162.23|
|Settlement provisions|||
|Capital lent|||
|Financial assets measured by fair|||
|value and with variation reckoned into|||
|current gains/losses|||
|Derivative financial assets|||
|Notes receivable|||
||88,034.75|77,884.75|
|Accounts receivable|||
|Accounts paid in advance|33,202.03|18,250,328.13|
|Insurance receivable|||
|Reinsurance receivables|||
|Contract reserve of reinsurance|||
|receivable|||
|Interest receivable|||
|Dividend receivable|||
|Other receivables|3,205,467.15|67,805,513.40|
|Purchase restituted finance asset|||
|Inventories|379,139,052.61|341,740,059.14|
|Divided into assets held for sale|||
|Non-current asset due within one year|333,716.08|333,716.08|
|Other current assets|7,736,449.58|19,177,045.07|
|Total current assets|560,070,722.46|580,354,708.80|
|Non-current assets:|||
|Loans and payments on behalf|||

||||
|-|-|-|
|Finance asset available for sales|22,784,131.93|22,784,131.93|
|Held-to-maturity investment|||
|Long-term account receivable|||
|Long-term equity investment||1,022,730.46|
|Investment property|4,341,244.36|4,831,153.75|
|Fixed assets|14,418,735.56|14,980,260.33|
|Construction in progress|||
|Engineering material|||
|Disposal of fixed asset|||
|Productive biological asset|27,037.04|42,133.76|
|Oil and gas asset|||
|Intangible assets|1,037,428.89|1,073,407.21|
|Expense on Research and|2,323,827.45|641,604.82|
|Development|||
|Goodwill|||
|Long-term expenses to be apportioned|114,458.90|160,010.87|
|Deferred income tax asset|775,645.41|775,645.41|
|Other non-current asset||91,040.00|
|Total non-current asset|45,822,509.54|46,402,118.54|
|Total assets|605,893,232.00|626,756,827.34|
|Current liabilities:|||
|Short-term loans|||
|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|21,490,971.54|12,889,329.86|
|Accounts received in advance|220,959,965.53|243,917,918.70|
|Selling financial asset of repurchase|||
|Commission charge and commission|||
|payable|||
|Wage payable|279,810.68|1,937,682.44|

||||
|-|-|-|
|Taxes payable|345,346.47|1,359,022.01|
|Interest payable|||
|Dividend payable|||
|Other accounts payable|7,188,063.69|4,476,864.40|
|Reinsurance payables|||
|Insurance contract reserve|||
|Security trading of agency|||
|Security sales of agency|||
|Divided into liability held for sale|||
|Non-current liabilities due within 1|||
|year|||
|Other current liabilities|||
|Total current liabilities|250,264,157.91|264,580,817.41|
|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|250,264,157.91|264,580,817.41|
|Owner’s equity:|||
|Share capital|706,320,000.00|706,320,000.00|
|Other equity instrument|||
|Including: preferred stock|||
|Perpetual capital securities|||
|Capital public reserve|463,681,309.55|463,681,309.55|
|Less: Inventory shares|||
|Other comprehensive income|||

||||
|-|-|-|
|Reasonable reserve|||
|Surplus public reserve|76,791,550.17|76,791,550.17|
|Provision of general risk|||
|Retained profit|-891,129,299.60|-886,966,408.74|
|Total owner’s equity attributable to parentcompany|355,663,560.12|359,826,450.98|
|Minority interests|-34,486.03|2,349,558.95|
|Total owner’s equity|355,629,074.09|362,176,009.93|
|Total liabilities and owner’s equity|605,893,232.00|626,756,827.34|

 Legal representative: Zhao Yongsheng
Person in charge of accounting works: Zhao Yongsheng
Person in charge of accounting institution: Liu Fengguo
2. Balance Sheet of Parent Company
In RMB
||||
|-|-|-|
|Item|Balance at period-end|Balance at period-begin|
|Current assets:|||
||16,148,385.44|69,381,131.38|
|Monetary funds|||
|Financial assets measured by fair value|||
|and with variation reckoned into current|||
|gains/losses|||
|Derivative financial assets|||
|Notes receivable|||
|Accounts receivable|||
|Account paid in advance|5,000.33|18,240,099.06|
|Interest receivable|||
|Dividends receivable|||
|Other receivables|26,597,993.91|23,582,767.33|
|Inventories|378,930,080.74|341,419,337.97|
|Divided into assets held for sale|||
|Non-current assets maturing within one|||
|year|||
|Other current assets|7,406,890.70|18,152,929.82|
|Total current assets|429,088,351.12|470,776,265.56|
|Non-current assets:|||
|Available-for-sale financial assets|22,784,131.93|22,784,131.93|
|Held-to-maturity investments|||

||||
|-|-|-|
|Long-term receivables|||
|Long-term equity investments|248,114,466.37|178,114,466.37|
|Investment property|||
|Fixed assets|1,887,076.45|2,100,122.12|
|Construction in progress|||
|Project materials|||
|Disposal of fixed assets|||
|Productive biological assets|||
|Oil and natural gas assets|||
|Intangible assets|||
|Research and development costs|||
|Goodwill|||
|Long-term deferred expenses|105,346.40|142,798.37|
|Deferred income tax assets|750.00|750.00|
|Other non-current assets|||
|Total non-current assets|272,891,771.15|203,142,268.79|
|Total assets|701,980,122.27|673,918,534.35|
|Current liabilities:|||
|Short-term borrowings|||
|Financial liability measured by fair|||
|value and with variation reckoned into|||
|current gains/losses|||
|Derivative financial liability|||
|Notes payable|||
|Accounts payable|21,300,629.10|12,777,756.02|
|Accounts received in advance|197,664,833.59|242,747,445.35|
|Wage payable|398.22|576,458.22|
|Taxes payable|327,986.57|1,340,388.72|
|Interest payable|||
|Dividend payable|||
|Other accounts payable|291,267,618.10|237,841,253.38|
|Divided into liability held for sale|||
|Non-current liabilities due within 1|||
|year|||
|Other current liabilities|||

||||
|-|-|-|
|Total current liabilities|510,561,465.58|495,283,301.69|
|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|510,561,465.58|495,283,301.69|
|Owners’ equity:|||
|Share capita|706,320,000.00|706,320,000.00|
|Other equity instrument|||
|Including: preferred stock|||
|Perpetual capital securities|||
|Capital public reserve|456,569,124.55|456,569,124.55|
|Less: Inventory shares|||
|Other comprehensive income|||
|Reasonable reserve|||
|Surplus reserve|76,791,550.17|76,791,550.17|
|Retained profit|-1,048,262,018.03|-1,061,045,442.06|
|Total owner’s equity|191,418,656.69|178,635,232.66|
|Total liabilities and owner’s equity|701,980,122.27|673,918,534.35|

 3. Consolidated Profit Statement (the period)
In RMB
||||
|-|-|-|
|Item|Current Period|Last Period|
|I. Total operating income|468,140.80|103,804,200.47|
|Including: Operating income|468,140.80|103,804,200.47|

||||
|-|-|-|
|Interest income|||
|Insurance gained|||
|Commission charge and|||
|commission income|||
|II. Total operating cost|670,593.24|101,333,794.88|
|Including: Operating cost|608,520.79|88,576,621.62|
|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|-5,441,948.84|6,953,552.55|
|Sales expenses|7,900.00|33,528.00|
|Administration expenses|6,627,664.13|5,939,366.12|
|Financial expenses|-1,131,542.84|-169,273.41|
|Losses of devaluation of asset|||
|Add: Changing income of fair|||
|value(Loss is listed with “-”)|||
|Investment income (Loss is listed|||
|with “-”)|||
|Including: Investment income on|||
|affiliated company and joint venture|||
|Exchange income (Loss is listed|||
|with “-”)|||
|Other income|||
|III. Operating profit (Loss is listed|||
||-202,452.44|2,470,405.59|
|with “-”)|||
|Add: Non-operating income|859,589.18|101,147.81|
|Including: Disposal gains of|||
|non-current asset|||
|Less: Non-operating expense|728,335.62|166,794.97|

||||
|-|-|-|
|Including: Disposal loss of|||
|non-current asset|||
|IV. Total Profit (Loss is listed with|||
||-71,198.88|2,404,758.43|
|“-”)|||
|Less: Income tax expense|||
|V. Net profit (Net loss is listed with “-”)|-71,198.88|2,404,758.43|
|Net profit attributable to owner’s of|||
||-36,712.84|2,454,508.79|
|parent company|||
|Minority shareholders’ gains and|||
||-34,486.04|-49,750.36|
|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|-71,198.88|2,404,758.43|
|Total comprehensive income|||
|attributable to owners of parent|-36,712.84|2,454,508.79|
|Company|||
|Total comprehensive income|||
||-34,486.04|-49,750.36|
|attributable to minority shareholders|||
|VIII. Earnings per share:|||
|(i) Basic earnings per share|-0.001|0.003|
|(ii) Diluted earnings per share|-0.001|0.003|

 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: Zhao Yongsheng
Person in charge of accounting works: Zhao Yongsheng
Person in charge of accounting institution: Liu Fengguo
4. Profit Statement of Parent Company (the period)
In RMB
||||
|-|-|-|
|Item|Current Period|Last Period|
|I. Operating income|7,924,528.32|103,228,894.01|
|Less: Operating cost|11,410.58|87,882,826.83|
|Operating tax and extras|-5,641,378.70|6,870,019.12|
|Sales expenses|7,900.00|12,000.00|
|Administration expenses|2,759,656.21|3,460,313.23|
|Financial expenses|-1,810.98|-131,709.26|
|Losses of devaluation of asset|||
|Add: Changing income of fair|||
|value(Loss is listed with “-”)|||
|Investment income (Loss is|||
|listed with “-”)|||

||||
|-|-|-|
|Including: Investment income|||
|on affiliated company and joint venture|||
|Other income|||
|II. Operating profit (Loss is listed|||
||10,788,751.21|5,135,444.09|
|with “-”)|||
|Add: Non-operating income||89,432.78|
|Including: Disposal gains of|||
|non-current asset|||
|Less: Non-operating expense|32,935.89|66,391.00|
|Including: Disposal loss of|||
|non-current asset|||
|III. Total Profit (Loss is listed with|||
||10,755,815.32|5,158,485.87|
|“-”)|||
|Less: Income tax expense|||
|IV. Net profit (Net loss is listed with|||
||10,755,815.32|5,158,485.87|
|“-”)|||
|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|10,755,815.32|5,158,485.87|
|VII. Earnings per share:|||
|(i) Basic earnings per share|||
|(ii) Diluted earnings per share|||

5. Consolidated Profit Statement (form the year-begin to the period-end)
In RMB
||||
|-|-|-|
|Item|Current Period|Last Period|
|I. Total operating income|102,032,135.27|295,218,682.21|
|Including: Operating income|102,032,135.27|295,218,682.21|
|Interest income|||
|Insurance gained|||
|Commission charge and|||
|commission income|||
|II. Total operating cost|105,464,969.37|291,514,164.58|
|Including: Operating cost|87,377,746.98|251,759,308.25|
|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|2,411,037.70|19,908,763.10|
|Sales expenses|323,735.82|348,246.06|
|Administration expenses|17,175,859.65|19,768,907.42|
|Financial expenses|-1,822,812.79|-271,060.25|
|Losses of devaluation of asset|-597.99||
|Add: Changing income of fair|||
|value(Loss is listed with “-”)|||
|Investment income (Loss is listed|||
|||-12,933.77|
|with “-”)|||
|Including: Investment income on|||
|affiliated company and joint venture|||
|Exchange income (Loss is listed|||
|with “-”)|||
|Other income|||
|III. Operating profit (Loss is listed|||
||-3,432,834.10|3,691,583.86|
|with “-”)|||
|Add: Non-operating income|889,710.45|170,218.40|
|Including: Disposal gains of|||
|non-current asset|||
|Less: Non-operating expense|735,448.66|506,743.91|
|Including: Disposal loss of|||
|non-current asset|||
|IV. Total Profit (Loss is listed with|||
||-3,278,572.31|3,355,058.35|
|“-”)|||
|Less: Income tax expense||8,991.27|
|V. Net profit (Net loss is listed with “-”)|-3,278,572.31|3,346,067.08|
|Net profit attributable to owner’s of|||
||-3,182,381.80|4,256,378.73|
|parent company|||
|Minority shareholders’ gains and|||
||-96,190.51|-910,311.65|
|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|-3,278,572.31|3,346,067.08|
|Total comprehensive income|||
|attributable to owners of parent|-3,182,381.80|4,256,378.73|
|Company|||
|Total comprehensive income|||
||-96,190.51|-910,311.65|
|attributable to minority shareholders|||
|VIII. Earnings per share:|||
|(i) Basic earnings per share|-0.005|0.006|

||||
|-|-|-|
|(ii) Diluted earnings per share|-0.005|0.006|

 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 (form the year-begin to the period-end)
In RMB
||||
|-|-|-|
|Item|Current Period|Last Period|
|I. Operating income|107,452,688.26|283,370,286.90|
|Less: Operating cost|83,890,961.05|239,171,152.67|
|Operating tax and extras|2,197,025.74|19,692,999.06|
|Sales expenses|209,616.00|126,165.00|
|Administration expenses|8,348,291.89|11,840,935.08|
|Financial expenses|-9,566.34|-199,279.38|
|Losses of devaluation of asset||4,585,185.00|
|Add: Changing income of fair|||
|value(Loss is listed with “-”)|||
|Investment income (Loss is|||
|listed with “-”)|||
|Including: Investment income|||
|on affiliated company and joint venture|||
|Other income|||
|II. Operating profit (Loss is listed|||
||12,816,359.92|8,153,129.47|
|with “-”)|||
|Add: Non-operating income||89,432.78|
|Including: Disposal gains of|||
|non-current asset|||
|Less: Non-operating expense|32,935.89|245,045.01|
|Including: Disposal loss of|||
|non-current asset|||
|III. Total Profit (Loss is listed with|||
||12,783,424.03|7,997,517.24|
|“-”)|||
|Less: Income tax expense|||
|IV. Net profit (Net loss is listed with|||
||12,783,424.03|7,997,517.24|
|“-”)|||
|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|12,783,424.03|7,997,517.24|
|VII. Earnings per share:|||
|(i) Basic earnings per share|||
|(ii) Diluted earnings per share|||

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|63,421,551.78|165,736,622.88|
|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|7,008,276.37|36.00|
|Other cash received concerning|||
||13,062,541.13|11,361,516.18|
|operating activities|||
|Subtotal of cash inflow arising from|||
||83,492,369.28|177,098,175.06|
|operating activities|||
|Cash paid for purchasing|||
|commodities and receiving labor|93,858,520.62|37,781,345.31|
|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|11,101,387.11|16,324,840.88|
|Taxes paid|7,250,870.05|13,815,583.37|
|Other cash paid concerning|||
||19,858,401.92|28,426,988.84|
|operating activities|||
|Subtotal of cash outflow arising from|||
||132,069,179.70|96,348,758.40|
|operating activities|||
|Net cash flows arising from operating|||
||-48,576,810.42|80,749,416.66|
|activities|||
|II. Cash flows arising from investing|||
|activities:|||
|Cash received from recovering|||
|investment|||
|Cash received from investment|||
|income|||
|Net cash received from disposal of|||
|fixed, intangible and other long-term|87,025,400.00||
|assets|||
|Net cash received from disposal of|||
|subsidiaries and other units|||
|Other cash received concerning|||
|investing activities|||
|Subtotal of cash inflow from investing|||
||87,025,400.00||
|activities|||
|Cash paid for purchasing fixed,|||
||1,883,951.55|2,837,746.95|
|intangible and other long-term assets|||
|Cash paid for investment||25,000,000.00|
|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|1,883,951.55|27,837,746.95|

||||
|-|-|-|
|activities|||
|Net cash flows arising from investing|||
||85,141,448.45|-27,837,746.95|
|activities|||
|III. Cash flows arising from financing|||
|activities|||
|Cash received from absorbing|||
|investment|||
|Including: Cash received from|||
|absorbing minority shareholders’|||
|investment by subsidiaries|||
|Cash received from loans|||
|Cash received from issuing bonds|||
|Other cash received concerning|||
|||753,264.46|
|financing activities|||
|Subtotal of cash inflow from financing|||
|||753,264.46|
|activities|||
|Cash paid for settling debts|||
|Cash paid for dividend and profit|||
|distributing or interest paying|||
|Including: Dividend and profit of|||
|minority shareholder paid by|||
|subsidiaries|||
|Other cash paid concerning|||
||675,500.00|7,426,100.00|
|financing activities|||
|Subtotal of cash outflow from financing|||
||675,500.00|7,426,100.00|
|activities|||
|Net cash flows arising from financing|||
||-675,500.00|-6,672,835.54|
|activities|||
|IV. Influence on cash and cash|||
|equivalents due to fluctuation in|||
|exchange rate|||
|V. Net increase of cash and cash|||
||35,889,138.03|46,238,834.17|
|equivalents|||
|Add: Balance of cash and cash|||
||126,970,834.83|84,543,677.45|
|equivalents at the period -begin|||
|VI. Balance of cash and cash|||
||162,859,972.86|130,782,511.62|
|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|67,582,713.95|151,539,088.03|
|services|||
|Write-back of tax received|7,008,276.37|36.00|
|Other cash received concerning|||
||192,543,383.08|17,417,591.29|
|operating activities|||
|Subtotal of cash inflow arising from|||
||267,134,373.40|168,956,715.32|
|operating activities|||
|Cash paid for purchasing|||
|commodities and receiving labor|112,905,983.83|27,631,451.43|
|service|||
|Cash paid to/for staff and workers|4,073,574.91|7,502,516.49|
|Taxes paid|6,588,210.80|12,582,863.52|
|Other cash paid concerning|||
||130,470,350.80|82,947,992.32|
|operating activities|||
|Subtotal of cash outflow arising from|||
||254,038,120.34|130,664,823.76|
|operating activities|||
|Net cash flows arising from operating|||
||13,096,253.06|38,291,891.56|
|activities|||
|II. Cash flows arising from investing|||
|activities:|||
|Cash received from recovering|||
|investment|||
|Cash received from investment|||
|income|||
|Net cash received from disposal of|||
|fixed, intangible and other long-term|3,678,200.00||
|assets|||
|Net cash received from disposal of|||
|subsidiaries and other units|||
|Other cash received concerning|||
|investing activities|||
|Subtotal of cash inflow from investing|3,678,200.00||

||||
|-|-|-|
|activities|||
|Cash paid for purchasing fixed,|||
||7,199.00|118,866.50|
|intangible and other long-term assets|||
|Cash paid for investment|70,000,000.00|25,000,000.00|
|Net cash received from|||
|subsidiaries and other units|||
|Other cash paid concerning|||
|investing activities|||
|Subtotal of cash outflow from investing|||
||70,007,199.00|25,118,866.50|
|activities|||
|Net cash flows arising from investing|||
||-66,328,999.00|-25,118,866.50|
|activities|||
|III. Cash flows arising from financing|||
|activities|||
|Cash received from absorbing|||
|investment|||
|Cash received from loans|||
|Cash received from issuing bonds|||
|Other cash received concerning|||
|financing activities|||
|Subtotal of cash inflow from financing|||
|activities|||
|Cash paid for settling debts|||
|Cash paid for dividend and profit|||
|distributing or interest paying|||
|Other cash paid concerning|||
||675,500.00|2,626,100.00|
|financing activities|||
|Subtotal of cash outflow from financing|||
||675,500.00|2,626,100.00|
|activities|||
|Net cash flows arising from financing|||
||-675,500.00|-2,626,100.00|
|activities|||
|IV. Influence on cash and cash|||
|equivalents due to fluctuation in|||
|exchange rate|||
|V. Net increase of cash and cash|||
||-53,908,245.94|10,546,925.06|
|equivalents|||
|Add: Balance of cash and cash|||
||63,381,803.98|22,671,791.13|
|equivalents at the period -begin|||

||||
|-|-|-|
|VI. Balance of cash and cash|||
||9,473,558.04|33,218,716.19|
|equivalents at the period -end|||

II. 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.