Report for the Third Quarter of 2014 of Shenzhen International Enterprise Co., Ltd.
Shenzhen International Enterprise Co., Ltd.
Report for the Third Quarter of 2014
October 2014
Report for the Third Quarter of 2014 of Shenzhen International Enterprise Co., Ltd.
Section I. Important Reminders
The Board of Directors, the Supervisory Committee as well as all directors, supervisors and senior management staff of Shenzhen International Enterprise Co., Ltd. (hereinafter referred to as “the Company”) warrant that this report is factual, accurate and complete without any false record, misleading statement or material omission. And they shall be jointly and severally liable for that.
All directors attended the board session for reviewing this report.
Zheng Kanghao, the company principal, Chen Xiaohai, chief of the accounting work, and Xu Xiaoyun, chief of the accounting organ (chief of accounting), hereby confirm that the financial statements enclosed in this report are factual, accurate and complete.
This report is prepared in both Chinese and English. Should there be any discrepancy between the two versions, the Chinese version shall prevail.
Report for the Third Quarter of 2014 of Shenzhen International Enterprise Co., Ltd.
Section II. Financial Highlights& Change of Shareholders
I. Major accounting data and financial indexes
Does the Company adjust retrospectively or restate accounting data of previous years due to change of the accounting policy or correction of any accounting error?
□ Yes√ No
|||||||||||
|-|-|-|-|-|-|-|-|-|-|
|||30 Sept. 2014|||31 Dec. 2013|||Increase/decrease (%)||
|Total assets (RMB Yuan)|7,961,401,167.33|||7,803,283,696.00||||2.03%||
|Net assets attributable to|2,078,009,469.68|||2,236,808,854.06||||||
|shareholders of the Company||||||||-7.10%||
|(RMB Yuan)||||||||||
||||YoY|||||||
||||||||||YoY|
|||Jul.-Sept. 2014|increase/decrease||||Jan.-Sept. 2014|||
||||||||||increase/decrease (%)|
||||(%)|||||||
|Operating revenues (RMB|34,909,671.86|||||72,261,788.51||||
||||636.30%||||||323.82%|
|Yuan)||||||||||
|Net profit attributable to|-61,848,591.79|||||-158,799,384.38||||
|shareholders of the Company|||-102.51%||||||-106.55%|
|(RMB Yuan)||||||||||
|Net profit attributable to||||||||||
|shareholders of the Company||-61,767,680.13|252.41%||||-156,753,646.02||201.79%|
|after extraordinary gains and||||||||||
|losses (RMB Yuan)||||||||||
|Net cash flows from operating||||||-286,256,435.27||||
|||--|--||||||-14.26%|
|activities (RMB Yuan)||||||||||
|Basic EPS (RMB Yuan/share)|-0.23||-102.06%|||-0.60|||-105.47%|
|Diluted EPS (RMB Yuan/share)|-0.23||-102.06%|||-0.60|||-105.47%|
|Weighted average ROE (%)||-2.93%|-101.32%||||-7.36%||-103.43%|

 Items and amounts of extraordinary gains and losses
√Applicable□Inapplicable
Unit: RMB Yuan
||||
|-|-|-|
||Amount as of Jan.-Sept.||
|Item||Note|
||2014||
|||Mainly were the gains from the|
|Gains/losses on the disposal of non-current assets (including|||
||6,150.67|disposal of the abandoned fixed|
|the offset part of asset impairment provisions)|||
|||assets|
|Other non-operating income and expenses than the above|-3,400,883.41|Mainly were the withdrawal of|

Report for the Third Quarter of 2014 of Shenzhen International Enterprise Co., Ltd.
||||
|-|-|-|
|||the liquidated damages etc.|
|Minority interests effects (after tax)|-1,348,994.38||
|Total|-2,045,738.36|--|

Explain the reasons if the Company classifies an item as an extraordinary gain/loss according to the definition in the Explanatory Announcement No. 1 on Information Disclosure for Companies Offering Their Securities to thePublic—Extraordinary Gains and Losses, or classifies any extraordinary gain/loss item mentioned in the said explanatory announcement as a recurrent gain/loss item□ Applicable√ Inapplicable
There was no such situation of the reporting period of the Company.
II. Total number of shareholders and shareholdings of the top ten shareholders at the period-end
1. Total number of common shareholders and shareholdings of the top ten common shareholders at the period-end
Unit: share
|||||||||||||
|-|-|-|-|-|-|-|-|-|-|-|-|
||Total number of common|||||||||||
||||||21,032|||||||
||shareholders at the period-end|||||||||||
||Shareholdings of the top ten common shareholders|||||||||||
||||||||||Number of|Pledged or frozen shares||
||Name of||Nature of||Shareholding||Number of the|||||
||||||||||restricted||Number of|
||shareholder||shareholder||percentage (%)||shares held|||Status of shares||
||||||||||shares held||shares|
|MULTI PROFITASIA PACIFICINVESTMENTLTD||Foreigncorporation||13.70%||36,317,030||0||||
|||||||||||Pledge|36,312,000|
|SHENZHENWONGTEEREAL ESTATEINVESTMENTCO., LTD.||Domesticnon-state-owned corporation||5.07%||13,450,144||0||||
|||||||||||Pledge|13,439,010|
|Zhong Zhiqiang||Foreignindividual||3.72%||9,858,713||0||||
|BOCISECURITIESLIMITED||Foreigncorporation||3.26%||8,635,782||0||||
|WONGTEE INTERNATIONAL GROUP LTD||Foreigncorporation||1.84%||4,876,626||0||||
|||||||||||Pledge|4,173,300|
|Appointed||Other||1.00%||2,640,000||0||||

Report for the Third Quarter of 2014 of Shenzhen International Enterprise Co., Ltd.
||||||||||
|-|-|-|-|-|-|-|-|-|
|repurchasedspecial accountof GuoyuanSecurities Co.,Ltd.|||||||||
|Chen Shu||Domesticindividual|0.97%||2,579,193|0|||
|Zeng Haixing||Domesticindividual|0.97%||2,578,458|0|||
|CREDITSUISSE AGHONG KONGBRANCH||Foreigncorporation|0.72%||1,918,489|0|||
|ShanghaiWanguoSecurities (HongKong)||Foreigncorporation|0.69%||1,841,302|0|||
||Shares held by the top ten non-restricted share holders||||||||
||||||||Type of shares||
||Name of shareholder|||Number of non-restricted shares held|||||
||||||||Type|Number|
|MULTI PROFIT ASIA PACIFICINVESTMENT LTD|||36,317,030||||Domestically||
||||||||listed foreign|36,317,030|
||||||||share||
|SHENZHEN WONGTEE REALESTATE INVESTMENT CO.,LTD.|||13,450,144||||||
||||||||RMB ordinary||
|||||||||13,450,144|
||||||||share||
|Zhong Zhiqiang|||9,858,713||||Domestically||
||||||||listed foreign|9,858,713|
||||||||share||
|BOCI SECURITIES LIMITED|||8,635,782||||Domestically||
||||||||listed foreign|8,635,782|
||||||||share||
|WONGTEE INTERNATIONALGROUP LTD|||4,876,626||||Domestically||
||||||||listed foreign|4,876,626|
||||||||share||
|Appointed repurchased specialaccount of Guoyuan Securities Co.,Ltd.|||2,640,000||||||
||||||||RMB ordinary||
|||||||||2,640,000|
||||||||share||
|Chen Shu|||2,579,193||||Domestically||
|||||||||2,579,193|
||||||||listed foreign||

Report for the Third Quarter of 2014 of Shenzhen International Enterprise Co., Ltd.
|||||||
|-|-|-|-|-|-|
|||||share||
|Zeng Haixing||2,578,458||Domestically||
|||||listed foreign|2,578,458|
|||||share||
|CREDIT SUISSE AG HONGKONG BRANCH||1,918,489||Domestically||
|||||listed foreign|1,918,489|
|||||share||
|Shanghai Wanguo Securities (HongKong)||1,841,302||Domestically||
|||||listed foreign|1,841,302|
|||||share||
||||Inquired by the Company, the chairman of the Board of the Company--Mr. Zheng|||
||||Kanghao, Multi Profit Asia Pacific, Shenzhen Wongtee Real Estate Investment Co., Ltd.|||
||||and Wongtee International Group Co., Ltd. were persons acting in concert, which owns|||
||Explanation on associated||the stocks of the Company with the total amount of 55,329,613 shares, accounting for|||
||relationship or persons acting in||20.87% of the total shares of the Company. Zhong Zhiqiang, Chen Shu, Zeng Haixing,|||
||concert among the||Tan Guanqiang and Zhao Chongyue are persons acting in concert and up to 30 Sep. 2014,|||
||above-mentioned shareholders||they total held 16,855,049 shares of the B share, which accounted for 6.358% of the share|||
||||capital of the Company. Other than that, it is unknown whether there were other related|||
||||relations or action-in-concert regulated in Administrative Measures for Takeover of Listed|||
||||Companies among the above shareholders.|||
||Top 10 Shareholders taking part in|||||
||margin financing and securities||Naught|||
||lending (if any|||||

Did any of the top 10 common shareholders or the top 10 non-restricted common shareholders of the Company carry out any agreed buy-back in the reporting period?
□ Yes√ No
No shareholder of the Company carried out any agreed buy-back in the reporting period.
2. Total number of preferred share holders and shareholdings of the top ten preferred share holders at the period-end
□ Applicable√ Inapplicable
Report for the Third Quarter of 2014 of Shenzhen International Enterprise Co., Ltd.
Section III. Significant Events
I. Major changes of main accounting statement items and financial indicators in the reporting period, as well as reasons for the changes
√ Applicable□ Inapplicable
||||||
|-|-|-|-|-|
|Asset|30 Sept. 2014|31 Dec. 2013|Increase/decrease(%)|Main reason for the change|
|Accounts payable|108,983,214.00|350,937,897.87|-68.95%|Construction of WongteePlaza was completed andpart of the constructionamount was paid.|
|Other payables|979,472,395.09|571,826,282.57|71.29%|The Company borrowedfrom the majorityshareholder to fill the capitalgap.|
|Operating revenues|72,261,788.51|17,050,219.72|323.82%|Business incomes, operatingcosts, taxes and the like ofWongtee Plaza increased.|
|Operating costs|46,275,615.97|14,155,356.93|226.91%||
|Business tax and surtaxes|2,528,195.37|554,545.66|355.90%||
|Selling expenses|13,216,729.56|8,488,265.87|55.71%|The business solicitation andadvertising expense ofWongtee Plaza increased.|
|Financial expenses|215,401,628.58|40,643,804.12|429.97%|Interest capitalization ceasedand borrowings increasedafter construction ofWongtee Plaza wascompleted.|
|Net cash flows from investingactivities|-97,641,223.65|539,301.00|-18205.14%|The decoration subsidies ofWongtee Plaza were paid.|

II. Progress and influence of significant events, as well as the analysis and explanation on solutions
√ Applicable□ Inapplicable
1. Progress of Wongtee International Enterprise Shopping Plaza (hereinafter referred to as “Wongtee Plaza”)
During the reporting period, as the operation of Wongtee Plaza gradually developed more and more benign, as well as accompanied
with the grand opening ofH&M andGrandma’s Home etc, the popularity and the sales volume of Wongtee Plaza enhanced steadily.
Up to 30 Sep. 2014, the total area of ascertainable commercial tenants of enterprise-establishing of the whole floors of Wongtee Plaza
(including the situations such as contract signing, letters of intent and to-sign agreement after the negotiation) was covered about
Report for the Third Quarter of 2014 of Shenzhen International Enterprise Co., Ltd.
83% of the rentable area of Wongtee Plaza, of which the area of the commercial tenants which had signed the contracts of the rentable area was of about75%, with the opening ratio of about54%. Wongtee Plaza further exerted the advantage of the widely atrium, regularly planed and held the market promotion activities including the special planning on Chinese Valentine's Day, Merchants Thanks Will of Wongtee Plaza,H&M art T-shirt and large food festival etc, thus the popularity and brand effect of Wongtee Plaza were both enhanced.
2. Recently, the Company planed the non-public offering events, and held the 2nd Extraordinary General Meeting of 2014 on 26 Sep. 2014, at which reviewed and approved the relevant proposals, such offering still subject to the approval of China Securities Regulatory Commission. For the details, please refer to the relevant announcements on the appointed disclose media such as Securities Times, HK Ta Kung Pao, www.cninfo.com.cn and the Company would carry out the subsequent information disclose work strictly according to the laws and regulations timely.
|||||
|-|-|-|-|
||||Index to the relevant announcement|
||Overview of the significant event|Date of disclosure||
||||disclosed on the website|
|The case on stock rights disputesbetween Rongfa Company andYahaoyuan: plaintiff, Rongfa Companyhad instituted proceedings about theequity transfer issue between thedefendant, Shenzhen YahaoyuanInvestment Company and RongfaCompany to the court, with the thirdparty was Shenzhen Easter LandCompany. The result of the first-instantjudgment was to reject the lawsuit appealof the plaintiff. After that, RongfaCompany instituted an appeal to thecourt. Decision in the ruling paper ofsecond instance was to maintain thefirst-instant judgment ([2012] SZFSZINo. 657) of the “Paper of CivilJudgment”. In view of the recognition ofthe No. 657 Judgment: the 40,000 m2land in equity transfer agreement wasdivesting. It was invalid to theregulations in this clause. The courtsuggested us to seek for other legalapproaches. Therefore, we appealed toLonggang Court as follows: 1. Defendantcompensates prosecutor discountedamount of 11,000,000 Yuan immediately(subject to assessment); 2. Defendantcompensates prosecutor 15,000,000 Yuanimmediately (including invest capital andinterests of 4,000,000 Yuan, human costand anticipated profits of 11,000,000||26 Oct. 2011|2011-37|
|||22 Feb. 2012|2012-07|
|||12 Dec. 2012|2012-68|
|||20 Apr. 2013|2013-07|

Report for the Third Quarter of 2014 of Shenzhen International Enterprise Co., Ltd.
||||
|-|-|-|
|Yuan. The interest loss would becalculated from pay day to the dayreceiving compensation payments etc.|||
|The Easter Land Company appealed toRongfa Company about a chose inpossession restitution case, the casecaused by the aforesaid case on stockrights disputes between Rongfa Companyand Yahaoyuan. In Aug. 2013 theShenzhen Eastern Land Group because ofthe aforesaid No. 657 judgment: “Thestripping assets of the terms of thesupplementary contract of equity transferagreement is invalid”. In order toprosecute to the court of Longgang, thelitigation request is: 1. the defendantreturn commerce-residence buildinghouse Xieli Garden z7 located in LongheRoad, Longgang District of Shenzhen toplaintiff. 2. All the cost of the case shallbe borne by the defendant. The plaintiffschange the first lawsuit request into: thedefendant return commerce-residencebuilding house Xieli Garden z7 located inLonghe Road, Longgang District ofShenzhen to plaintiff, if the defendantactually can not return it, then thedefendant in accordance with the realestate value reimburse to the plaintiff(temporary plan of RMB 30 million, thespecific amount will be subject to courtthe present value of the above propertyassessment value) ".|||
||24 Aug. 2013|2013-30|
|10 people including Yang XXsuccessively sued Rongfa Company andUrban Planning, Land and ResourcesCommission of Shenzhen Municipalityfor another claim regarding the internalshop subscription issue. General situationof claims: 1. Clause in FirstComplementary Agreement of SDHZ(2002) 9005 Shenzhen Land Use RightGranting Contract signed by twodefendants, “only for whole transfer|5 Sep. 2012|2012-53|
||22 Feb. 2014|2014-06|
||17 Sep. 2014|2014-48|

Report for the Third Quarter of 2014 of Shenzhen International Enterprise Co., Ltd.
||
|-|
|without separating property proprietarycertificate”, is invalid; 2. Defendantwould undertake all litigation costs. Afterthat, during the duration of hearings, theplaintiff changed the first claims, whichchanged into: rescinded the agreement ofSDHZ (2002) 9005 Shenzhen Land UseRight Granting Contract signed by twodefendants, “only for whole transferwithout separating property proprietarycertificate” that signed between the twoplaintiffs. The result of the first-instantjudgment of the case was to the reject theclaims of the 10 people including YangXX, and after that, 6 people includingYang XX filed an appeal to the court, ofwhich the result of the second-instantjudgment was to reject the appeal as wellas to maintain the first-instant judgment.|

III. Commitments made by the Company or shareholders holding over5% of theCompany’s shares in the reporting period or such commitments carried down into the reporting period√ Applicable□ Inapplicable
|||||||
|-|-|-|-|-|-|
||||Time of|||
||Commitment|||Period of||
|Commitment||Contents|making||Fulfillment|
||maker|||commitment||
||||commitment|||
|Commitments made in a share reform||||||
|||The obligor||||
|||for||||
|||information||||
|||disclosure||||
|||shall not||||
|||reduce the||||
|||shares of|||Strictly fulfill|
|Commitments made in an acquisition|Zheng|||||
|||Multi Profit|6 Aug. 2010|60 months|the|
|report or a report on equity changes|Kanghao|||||
|||Asia Pacific|||commitments|
|||Investment||||
|||Ltd. Held the||||
|||obligor from||||
|||this||||
|||acquisition or||||
|||reduce the||||

Report for the Third Quarter of 2014 of Shenzhen International Enterprise Co., Ltd.
||||
|-|-|-|
|||shares of|
|||SZIEC|
|||indirectly held|
|||by the obligor|
|||from this|
|||acquisition|
|||within the|
|||future 60|
|||months.|
|Commitments made in asset|||
|reorganization|||
|Commitments made in the first public|||
|offering or refinancing.|||
|Other commitments made to minority|||
|shareholders|||
|Executed in time or not?|Yes||
|Detailed reason for failing to execute|||
||Naught||
|and the plan for the next step (If any)|||

IV. Predict the 2014 annual operating results
Warnings of possible loss or large-margin change of the accumulated net profit made during the period from the beginning of the year to the end of the next reporting period compared with the same period of the last year according to prediction, as well as explanations on the reasons
□Applicable√Inapplicable
V. Securities investment
□Applicable√Inapplicable
The Company was not involved in any securities investment of the reporting period.
VI. Investments in derivatives
□Applicable√Inapplicable
The Company did not invest in any derivative in the reporting period.
VII. Researches, visits and interviews received in the reporting period
√Applicable□Inapplicable
|||||||
|-|-|-|-|-|-|
||||||Main discussion and|
|Time|Place|Way of reception|Visitor type|Visitor|materials provided by the|
||||||Company|

Report for the Third Quarter of 2014 of Shenzhen International Enterprise Co., Ltd.
|||||||
|-|-|-|-|-|-|
|||||a senior analyst||
|||||of real estate||
|||||industry of||
|||||Founder||
||Conference|||Securities Co.,|Recent operation of the|
|15 Sep. 2014|Room of the|Field research|Institution|Ltd. and|Company, rental charge|
||Company|||researchers of|of Wongtee Plaza etc.|
|||||Research Dept.||
|||||of Bosera Fund||
|||||Management||
|||||Co.,Ltd.||

Report for the Third Quarter of 2014 of Shenzhen International Enterprise Co., Ltd.
Section IV. Financial Statements
I. Financial statements
1. Consolidated balance sheet
Prepared by Shenzhen International Enterprise Co., Ltd.
Unit: RMB Yuan
||||
|-|-|-|
|Item|Closing balance|Opening balance|
|Current Assets:|||
|Monetary funds|33,875,679.69|9,357,753.34|
|Settlement reserves|0.00|0.00|
|Intra-group lendings|0.00|0.00|
|Financial assets measured at fair|||
|value and of which changes are|0.00|0.00|
|recorded into current gains and losses|||
|Notes receivable|0.00|0.00|
|Accounts receivable|22,692,943.26|2,291,658.84|
|Accounts paid in advance|1,691,275.49|714,670.23|
|Premiums receivable|0.00|0.00|
|Reinsurance premiums receivable|0.00|0.00|
|Receivable reinsurance contract|||
||0.00|0.00|
|reserves|||
|Interest receivable|0.00|0.00|
|Dividend receivable|0.00|0.00|
|Other accounts receivable|36,201,994.29|12,022,195.79|
|Financial assets purchased under|||
||0.00|0.00|
|agreements to resell|||
|Inventories|39,446,099.15|43,338,585.36|
|Assets held for sale|0.00|0.00|
|Non-current assets due within 1|||
||0.00|0.00|
|year|||
|Other current assets|0.00|0.00|
|Total current assets|133,907,991.88|67,724,863.56|
|Non-current assets:|||

Report for the Third Quarter of 2014 of Shenzhen International Enterprise Co., Ltd.
||||
|-|-|-|
|Loans by mandate and advances|||
||0.00|0.00|
|granted|||
|Available-for-sale financial assets|0.00|0.00|
|Held-to-maturity investments|0.00|0.00|
|Long-term accounts receivable|0.00|0.00|
|Long-term equity investment|0.00|0.00|
|Investing property|7,652,624,300.00|7,652,624,300.00|
|Fixed assets|60,371,370.00|61,787,209.01|
|Construction in progress|13,982,993.00|1,742,560.00|
|Engineering materials|0.00|0.00|
|Disposal of fixed assets|0.00|0.00|
|Production biological assets|0.00|0.00|
|Oil-gas assets|0.00|0.00|
|Intangible assets|915,569.57|608,765.01|
|R&D expense|0.00|0.00|
|Goodwill|0.00|0.00|
|Long-term deferred expenses|98,898,941.88|8,224,765.42|
|Deferred income tax assets|0.00|0.00|
|Other non-current assets|700,001.00|10,571,233.00|
|Total of non-current assets|7,827,493,175.45|7,735,558,832.44|
|Total assets|7,961,401,167.33|7,803,283,696.00|
|Current liabilities:|||
|Short-term borrowings|9,380,000.00|1,225,000,000.00|
|Borrowings from Central Bank|0.00|0.00|
|Customer bank deposits and due to|||
||0.00|0.00|
|banks and other financial institutions|||
|Intra-group borrowings|0.00|0.00|
|Financial liabilities measured at|||
|fair value and of which changes are|0.00|0.00|
|recorded into current gains and losses|||
|Notes payable|0.00|0.00|
|Accounts payable|108,983,214.00|350,937,897.87|
|Accounts received in advance|6,369,328.14|5,828,277.16|
|Financial assets sold for repurchase|0.00|0.00|
|Handling charges and commissions|0.00|0.00|

Report for the Third Quarter of 2014 of Shenzhen International Enterprise Co., Ltd.
||||
|-|-|-|
|payable|||
|Employee’s compensation payable|3,384,010.91|11,129,805.44|
|Tax payable|1,975,856.48|14,436,756.94|
|Interest payable|4,762,733.43|4,933,133.33|
|Dividend payable|5,127,701.36|5,127,701.36|
|Other accounts payable|979,472,395.09|571,826,282.57|
|Reinsurance premiums payable|0.00|0.00|
|Insurance contract reserves|0.00|0.00|
|Payables for acting trading of|||
||0.00|0.00|
|securities|||
|Payables for acting underwriting of|||
||0.00|0.00|
|securities|||
|Liabilities held for sale|0.00|0.00|
|Non-current liabilities due within 1|||
||26,000,000.00|93,710,000.00|
|year|||
|Other current liabilities|0.00|0.00|
|Total current liabilities|1,145,455,239.41|2,282,929,854.67|
|Non-current liabilities:|||
|Long-term borrowings|2,159,000,000.00|600,000,000.00|
|Bonds payable|0.00|0.00|
|Long-term payables|0.00|0.00|
|Specific payables|0.00|0.00|
|Estimated liabilities|73,026,505.71|86,491,251.25|
|Deferred income tax liabilities|1,377,893,238.97|1,365,552,731.65|
|Other non-current liabilities|0.00|0.00|
|Total non-current liabilities|3,609,919,744.68|2,052,043,982.90|
|Total liabilities|4,755,374,984.09|4,334,973,837.57|
|Owners’ equity (or shareholders’|||
|equity)|||
|Paid-up capital (or share capital)|265,081,420.00|220,901,184.00|
|Capital reserves|24,307,897.00|68,488,133.00|
|Less: Treasury stock|0.00|0.00|
|Specific reserves|0.00|0.00|
|Surplus reserves|125,929,834.48|125,929,834.48|
|Provisions for general risks|0.00|0.00|

Report for the Third Quarter of 2014 of Shenzhen International Enterprise Co., Ltd.
||||
|-|-|-|
|Retained profits|1,662,690,318.20|1,821,489,702.58|
|Foreign exchange difference|0.00|0.00|
|Total equity attributable to owners of|||
||2,078,009,469.68|2,236,808,854.06|
|the Company|||
|Minority interests|1,128,016,713.56|1,231,501,004.37|
|Total owners’ (or shareholders’)|||
||3,206,026,183.24|3,468,309,858.43|
|equity|||
|Total liabilities and owners’ (or|||
||7,961,401,167.33|7,803,283,696.00|
|shareholders’) equity|||

Legal representative: Zheng Kanghao Person-in-charge of the accounting work: Chen Xiaohai Chief of the accounting division: Xu Xiaoyun
2. Balance sheet of the Company
Prepared by Shenzhen International Enterprise Co., Ltd.
Unit: RMB Yuan
||||
|-|-|-|
|Item|Closing balance|Opening balance|
|Current Assets:|||
|Monetary funds|184,264.19|1,199,483.66|
|Financial assets measured at fair|||
|value and of which changes are|0.00|0.00|
|recorded into current gains and losses|||
|Notes receivable|0.00|0.00|
|Accounts receivable|0.00|0.00|
|Accounts paid in advance|1,000,000.00|0.00|
|Interest receivable|0.00|0.00|
|Dividend receivable|0.00|0.00|
|Other accounts receivable|94,872,503.31|85,620,482.59|
|Inventories|0.00|0.00|
|Assets held for sale|0.00|0.00|
|Non-current assets due within 1|||
||0.00|0.00|
|year|||
|Other current assets|0.00|0.00|
|Total current assets|96,056,767.50|86,819,966.25|
|Non-current assets:|||

Report for the Third Quarter of 2014 of Shenzhen International Enterprise Co., Ltd.
||||
|-|-|-|
|Available-for-sale financial assets|0.00|0.00|
|Held-to-maturity investments|0.00|0.00|
|Long-term accounts receivable|0.00|0.00|
|Long-term equity investment|40,896,718.10|40,896,718.10|
|Investing property|4,972,400.00|4,972,400.00|
|Fixed assets|6,414,614.15|6,663,175.93|
|Construction in progress|0.00|0.00|
|Engineering materials|0.00|0.00|
|Disposal of fixed assets|0.00|0.00|
|Production biological assets|0.00|0.00|
|Oil-gas assets|0.00|0.00|
|Intangible assets|245,333.38|341,333.34|
|R&D expense|0.00|0.00|
|Goodwill|0.00|0.00|
|Long-term deferred expenses|0.00|0.00|
|Deferred income tax assets|0.00|0.00|
|Other non-current assets|0.00|0.00|
|Total of non-current assets|52,529,065.63|52,873,627.37|
|Total assets|148,585,833.13|139,693,593.62|
|Current liabilities:|||
|Short-term borrowings|0.00|0.00|
|Financial liabilities measured at|||
|fair value and of which changes are|0.00|0.00|
|recorded into current gains and losses|||
|Notes payable|0.00|0.00|
|Accounts payable|0.00|0.00|
|Accounts received in advance|40,000.00|50,000.00|
|Employee’s compensation payable|1,911,839.40|4,308,690.42|
|Tax payable|154,688.03|11,086,303.87|
|Interest payable|0.00|0.00|
|Dividend payable|5,127,701.36|5,127,701.36|
|Other accounts payable|58,596,969.56|33,790,864.47|
|Liabilities held for sale|0.00|0.00|
|Non-current liabilities due within 1|||
||0.00|0.00|
|year|||

Report for the Third Quarter of 2014 of Shenzhen International Enterprise Co., Ltd.
||||
|-|-|-|
|Other current liabilities|0.00|0.00|
|Total current liabilities|65,831,198.35|54,363,560.12|
|Non-current liabilities:|||
|Long-term borrowings|0.00|0.00|
|Bonds payable|0.00|0.00|
|Long-term payables|0.00|0.00|
|Specific payables|0.00|0.00|
|Estimated liabilities|0.00|0.00|
|Deferred income tax liabilities|1,799,954.57|1,799,954.57|
|Other non-current liabilities|0.00|0.00|
|Total non-current liabilities|1,799,954.57|1,799,954.57|
|Total liabilities|67,631,152.92|56,163,514.69|
|Owners’ equity (or shareholders’|||
|equity)|||
|Paid-up capital (or share capital)|265,081,420.00|220,901,184.00|
|Capital reserves|20,771,208.59|64,951,444.59|
|Less: Treasury stock|0.00|0.00|
|Specific reserves|0.00|0.00|
|Surplus reserves|96,841,026.39|96,841,026.39|
|Provisions for general risks|0.00|0.00|
|Retained profits|-301,738,974.77|-299,163,576.05|
|Foreign exchange difference|0.00|0.00|
|Total owners’ (or shareholders’)|||
||80,954,680.21|83,530,078.93|
|equity|||
|Total liabilities and owners’ (or|||
||148,585,833.13|139,693,593.62|
|shareholders’) equity|||

Legal representative: Zheng Kanghao Person-in-charge of the accounting work: Chen Xiaohai Chief of the accounting division: Xu Xiaoyun
3. Consolidated income statement for the reporting period
Prepared by Shenzhen International Enterprise Co., Ltd.
Unit: RMB Yuan
||||
|-|-|-|
|Item|Jul.-Sept. 2014|Jul.-Sept. 2013|
|I. Total operating revenues|34,909,671.86|4,741,202.27|

Report for the Third Quarter of 2014 of Shenzhen International Enterprise Co., Ltd.
||||
|-|-|-|
|Including: Sales income|34,909,671.86|4,741,202.27|
|Interest income|0.00|0.00|
|Premium income|0.00|0.00|
|Handling charge and|||
||0.00|0.00|
|commission income|||
|II. Total operating cost|123,334,865.12|34,084,537.01|
|Including: Cost of sales|23,841,740.71|4,450,654.72|
|Interest expenses|0.00|0.00|
|Handling charge and|||
||0.00|0.00|
|commission expenses|||
|Surrenders|0.00|0.00|
|Net claims paid|0.00|0.00|
|Net amount withdrawn for the|||
||0.00|0.00|
|insurance contract reserve|||
|Expenditure on policy|||
||0.00|0.00|
|dividends|||
|Reinsurance premium|0.00|0.00|
|Taxes and associate charges|738,120.09|-416,230.50|
|Selling and distribution|||
||5,808,157.33|2,740,060.40|
|expenses|||
|Administrative expenses|14,690,072.64|14,432,012.70|
|Financial expenses|75,194,273.87|12,998,486.48|
|Asset impairment loss|3,062,500.48|-120,446.79|
|Add: Gain/(loss) from change in|||
||0.00|5,512,866,905.80|
|fair value (“-” means loss)|||
|Gain/(loss) from investment|||
||0.00|0.00|
|(“-” means loss)|||
|Including: share of profits in|||
||0.00|0.00|
|associates and joint ventures|||
|Foreign exchange gains (“-”|||
||0.00|0.00|
|means loss)|||
|III. Business profit (“-” means loss)|-88,425,193.26|5,483,523,571.06|
|Add: non-operating income|-80,194.22|7,700.84|
|Less: non-operating expense|50,338.22|-24,094.48|
|Including: loss from|||
||0.00|0.00|
|non-current asset disposal|||

Report for the Third Quarter of 2014 of Shenzhen International Enterprise Co., Ltd.
||||
|-|-|-|
|IV. Total profit (“-” means loss)|-88,555,725.70|5,483,555,366.38|
|Less: Income tax expense|12,340,507.32|1,378,216,726.45|
|V. Net profit (“-” means loss)|-100,896,233.02|4,105,338,639.93|
|Including: Net profit achieved by|||
|combined parties before the|0.00|0.00|
|combinations|||
|Attributable to owners of the|||
||-61,848,591.79|2,463,282,915.41|
|Company|||
|Minority shareholders’ income|-39,047,641.23|1,642,055,724.52|
|VI. Earnings per share|--|--|
|(I) Basic earnings per share|-0.23|11.15|
|(II) Diluted earnings per share|-0.23|11.15|
|Ⅶ. Other comprehensive incomes|0.00|0.00|
|Including: Other comprehensive|||
|incomes items that cannot be|||
||0.00|0.00|
|reclassified as gains and losses in the|||
|subsequent accounting periods|||
|Other comprehensive incomes|||
|items that will be reclassified as gains|||
|and losses in the subsequent|0.00|0.00|
|accounting periods as relevant|||
|requirements are met|||
|Ⅷ. Total comprehensive incomes|-100,896,233.02|4,105,338,639.93|
|Attributable to owners of the|||
||-100,896,233.02|4,105,338,639.93|
|Company|||
|Attributable to minority|||
||0.00|0.00|
|shareholders|||

Legal representative: Zheng Kanghao Person-in-charge of the accounting work: Chen Xiaohai Chief of the accounting division: Xu Xiaoyun
4. Income statement of the Company for the reporting period
Prepared by Shenzhen International Enterprise Co., Ltd.
Unit: RMB Yuan
||||
|-|-|-|
|Item|Jul.-Sept. 2014|Jul.-Sept. 2013|
|I. Total sales|12,000.00|12,000.00|
|Less: cost of sales|0.00|0.00|

Report for the Third Quarter of 2014 of Shenzhen International Enterprise Co., Ltd.
||||
|-|-|-|
|Business taxes and surcharges|0.00|448.80|
|Distribution expenses|0.00|0.00|
|Administrative expenses|5,548,249.22|6,457,165.68|
|Financial costs|-4,218,415.31|-6,368,866.65|
|Impairment loss|0.00|0.00|
|Add: gain/(loss) from change in|||
||0.00|0.00|
|fair value (“-” means loss)|||
|Gain/(loss) from investment (“-”|||
||0.00|0.00|
|means loss)|||
|Including: income form|||
|investment on associates and joint|0.00|0.00|
|ventures|||
|II. Business profit (“-” means loss)|-1,317,833.91|-76,747.83|
|Add: non-business income|0.00|0.00|
|Less: non-business expense|0.00|0.00|
|Including: loss from non-current|||
||0.00|0.00|
|asset disposal|||
|III. Total profit (“-” means loss)|-1,317,833.91|-76,747.83|
|Less: income tax expense|0.00|0.00|
|IV. Net profit (“-” means loss)|-1,317,833.91|-76,747.83|
|V. Earnings per share|--|--|
|(I) Basic earnings per share|0.00|0.00|
|(II) Diluted earnings per share|0.00|0.00|
|VI. Other comprehensive income|0.00|0.00|
|Including: Other comprehensive|||
|incomes items that cannot be|||
||0.00|0.00|
|reclassified as gains and losses in the|||
|subsequent accounting periods|||
|Other comprehensive incomes|||
|items that will be reclassified as gains|||
|and losses in the subsequent|0.00|0.00|
|accounting periods as relevant|||
|requirements are met|||
|VII. Total comprehensive income|-1,317,833.91|-76,747.83|

Legal representative: Zheng Kanghao Person-in-charge of the accounting work: Chen Xiaohai
Chief of the accounting division: Xu Xiaoyun
Report for the Third Quarter of 2014 of Shenzhen International Enterprise Co., Ltd.
5. Consolidated income statement for Jan.-Sept. 2014
Prepared by Shenzhen International Enterprise Co., Ltd.
Unit: RMB Yuan
||||
|-|-|-|
|Item|Jan.-Sept. 2014|Jan.-Sept. 2013|
|I. Total operating revenues|72,261,788.51|17,050,219.72|
|Including: Sales income|72,261,788.51|17,050,219.72|
|Interest income|0.00|0.00|
|Premium income|0.00|0.00|
|Handling charge and|||
||0.00|0.00|
|commission income|||
|II. Total operating cost|318,810,223.64|104,649,615.13|
|Including: Cost of sales|46,275,615.97|14,155,356.93|
|Interest expenses|0.00|0.00|
|Handling charge and|||
||0.00|0.00|
|commission expenses|||
|Surrenders|0.00|0.00|
|Net claims paid|0.00|0.00|
|Net amount withdrawn for the|||
||0.00|0.00|
|insurance contract reserve|||
|Expenditure on policy dividends|0.00|0.00|
|Reinsurance premium|0.00|0.00|
|Taxes and associate charges|2,528,195.37|554,545.66|
|Selling and distribution expenses|13,216,729.56|8,488,265.87|
|Administrative expenses|38,566,039.01|40,928,089.34|
|Financial expenses|215,401,628.58|40,643,804.12|
|Asset impairment loss|2,822,015.15|-120,446.79|
|Add: Gain/(loss) from change in|||
||0.00|5,512,866,905.80|
|fair value (“-” means loss)|||
|Gain/(loss) from investment (“-”|||
||0.00|0.00|
|means loss)|||
|Including: share of profits in|||
||0.00|0.00|
|associates and joint ventures|||
|Foreign exchange gains (“-”|||
||0.00|0.00|
|means loss)|||
|III. Business profit (“-” means loss)|-246,548,435.13|5,425,267,510.39|

Report for the Third Quarter of 2014 of Shenzhen International Enterprise Co., Ltd.
||||
|-|-|-|
|Add: non-operating income|274,273.59|21,175.84|
|Less: non-operating expense|3,669,006.33|5,530,365.74|
|Including: loss from non-current|||
||0.00|0.00|
|asset disposal|||
|IV. Total profit (“-” means loss)|-249,943,167.87|5,419,758,320.49|
|Less: Income tax expense|12,340,507.32|1,378,224,124.00|
|V. Net profit (“-” means loss)|-262,283,675.19|4,041,534,196.49|
|Including: Net profit achieved by|||
|combined parties before the|0.00|0.00|
|combinations|||
|Attributable to owners of the|||
||-158,799,384.38|2,423,746,298.48|
|Company|||
|Minority shareholders’ income|-103,484,290.81|1,617,787,898.01|
|VI. Earnings per share|--|--|
|(I) Basic earnings per share|-0.60|10.97|
|(II) Diluted earnings per share|-0.60|10.97|
|Ⅶ. Other comprehensive incomes|0.00|0.00|
|Including: Other comprehensive|||
|incomes items that cannot be|||
||0.00|0.00|
|reclassified as gains and losses in the|||
|subsequent accounting periods|||
|Other comprehensive incomes|||
|items that will be reclassified as gains|||
|and losses in the subsequent|0.00|0.00|
|accounting periods as relevant|||
|requirements are met|||
|Ⅷ. Total comprehensive incomes|-262,283,675.19|4,041,534,196.49|
|Attributable to owners of the|||
||-262,283,675.19|4,041,534,196.49|
|Company|||
|Attributable to minority|||
||0.00|0.00|
|shareholders|||

Legal representative: Zheng Kanghao Person-in-charge of the accounting work: Chen Xiaohai Chief of the accounting division: Xu Xiaoyun
6. Income statement of the Company for Jan.-Sept. 2014
Prepared by Shenzhen International Enterprise Co., Ltd.
Report for the Third Quarter of 2014 of Shenzhen International Enterprise Co., Ltd.
Unit: RMB Yuan
||||
|-|-|-|
|Item|Jan.-Sept. 2014|Jan.-Sept. 2013|
|I. Total sales|47,600.00|45,600.00|
|Less: cost of sales|0.00|0.00|
|Business taxes and surcharges|0.00|2,333.76|
|Distribution expenses|0.00|0.00|
|Administrative expenses|14,882,522.11|18,342,703.94|
|Financial costs|-12,249,024.49|-19,573,366.40|
|Impairment loss|0.00|0.00|
|Add: gain/(loss) from change in|||
||0.00|0.00|
|fair value (“-” means loss)|||
|Gain/(loss) from investment (“-”|||
||0.00|0.00|
|means loss)|||
|Including: income form|||
|investment on associates and joint|0.00|0.00|
|ventures|||
|II. Business profit (“-” means loss)|-2,585,897.62|1,273,928.70|
|Add: non-business income|15,500.00||
|Less: non-business expense|5,001.10|2,561,321.00|
|Including: loss from non-current|||
||0.00|0.00|
|asset disposal|||
|III. Total profit (“-” means loss)|-2,575,398.72|-1,287,392.30|
|Less: income tax expense|0.00|0.00|
|IV. Net profit (“-” means loss)|-2,575,398.72|-1,287,392.30|
|V. Earnings per share|--|--|
|(I) Basic earnings per share|-0.01|-0.01|
|(II) Diluted earnings per share|-0.01|-0.01|
|VI. Other comprehensive income|0.00|0.00|
|Including: Other comprehensive|||
|incomes items that cannot be|||
||0.00|0.00|
|reclassified as gains and losses in the|||
|subsequent accounting periods|||
|Other comprehensive incomes|||
|items that will be reclassified as gains|||
|and losses in the subsequent|0.00|0.00|
|accounting periods as relevant|||
|requirements are met|||

Report for the Third Quarter of 2014 of Shenzhen International Enterprise Co., Ltd.
||||
|-|-|-|
|VII. Total comprehensive income|-2,575,398.72|-1,287,392.30|

 Legal representative: Zheng Kanghao Person-in-charge of the accounting work: Chen Xiaohai Chief of the accounting division: Xu Xiaoyun
7. Consolidated cash flow statement for Jan.-Sept. 2014
Prepared by Shenzhen International Enterprise Co., Ltd.
Unit: RMB Yuan
||||
|-|-|-|
|Item|Jan.-Sept. 2014|Jan.-Sept. 2013|
|I. Cash flows from operating|||
|activities:|||
|Cash received from sale of|||
||40,212,429.46|20,164,167.11|
|commodities and rendering of service|||
|Net increase of deposits from|||
||0.00|0.00|
|customers and dues from banks|||
|Net increase of loans from the|||
||0.00|0.00|
|central bank|||
|Net increase of funds borrowed|||
||0.00|0.00|
|from other financial institutions|||
|Cash received from premium of|||
||0.00|0.00|
|original insurance contracts|||
|Net cash received from reinsurance|||
||0.00|0.00|
|business|||
|Net increase of deposits of policy|||
||0.00|0.00|
|holders and investment fund|||
|Net increase of disposal of tradable|||
||0.00|0.00|
|financial assets|||
|Cash received from interest,|||
||0.00|0.00|
|handling charges and commissions|||
|Net increase of intra-group|||
||0.00|0.00|
|borrowings|||
|Net increase of funds in repurchase|||
||0.00|0.00|
|business|||
|Tax refunds received|0.00|0.00|
|Other cash received relating to|||
||49,003,379.84|33,671,432.58|
|operating activities|||
|Subtotal of cash inflows from|89,215,809.30|53,835,599.69|

Report for the Third Quarter of 2014 of Shenzhen International Enterprise Co., Ltd.
||||
|-|-|-|
|operating activities|||
|Cash paid for goods and services|268,831,103.47|268,324,126.58|
|Net increase of customer lendings|||
||0.00|0.00|
|and advances|||
|Net increase of funds deposited in|||
|the central bank and amount due from|0.00|0.00|
|banks|||
|Cash for paying claims of the|||
||0.00|0.00|
|original insurance contracts|||
|Cash for paying interest, handling|||
||0.00|0.00|
|charges and commissions|||
|Cash for paying policy dividends|0.00|0.00|
|Cash paid to and for employees|38,432,058.43|34,000,095.42|
|Various taxes paid|2,438,013.13|3,315,778.71|
|Other cash payment relating to|||
||65,771,069.54|82,056,193.67|
|operating activities|||
|Subtotal of cash outflows from|||
||375,472,244.57|387,696,194.38|
|operating activities|||
|Net cash flows from operating|||
||-286,256,435.27|-333,860,594.69|
|activities|||
|II. Cash flows from investing|||
|activities:|||
|Cash received from withdrawal of|||
||0.00|0.00|
|investments|||
|Cash received from return on|||
||0.00|0.00|
|investments|||
|Net cash received from disposal of|||
|fixed assets, intangible assets and|314,950.00|549,989.00|
|other long-term assets|||
|Net cash received from disposal of|||
||0.00|0.00|
|subsidiaries or other business units|||
|Other cash received relating to|||
||0.00|0.00|
|investing activities|||
|Subtotal of cash inflows from|||
||314,950.00|549,989.00|
|investing activities|||
|Cash paid to acquire fixed assets,|||
|intangible assets and other long-term|97,956,173.65|10,688.00|
|assets|||

Report for the Third Quarter of 2014 of Shenzhen International Enterprise Co., Ltd.
||||
|-|-|-|
|Cash paid for investment|0.00|0.00|
|Net increase of pledged loans|0.00|0.00|
|Net cash paid to acquire|||
||0.00|0.00|
|subsidiaries and other business units|||
|Other cash payments relating to|||
||0.00|0.00|
|investing activities|||
|Subtotal of cash outflows from|||
||97,956,173.65|10,688.00|
|investing activities|||
|Net cash flows from investing|||
||-97,641,223.65|539,301.00|
|activities|||
|III. Cash Flows from Financing|||
|Activities:|||
|Cash received from capital|||
||0.00|0.00|
|contributions|||
|Including: Cash received from|||
|minority shareholder investments by|0.00|0.00|
|subsidiaries|||
|Cash received from borrowings|3,252,460,000.00|2,327,150,000.00|
|Cash received from issuance of|||
||0.00|0.00|
|bonds|||
|Other cash received relating to|||
||0.00|0.00|
|financing activities|||
|Subtotal of cash inflows from|||
||3,252,460,000.00|2,327,150,000.00|
|financing activities|||
|Repayment of borrowings|2,660,710,000.00|1,851,500,000.00|
|Cash paid for interest expenses|||
||174,894,142.30|125,729,279.41|
|and distribution of dividends or profit|||
|Including: dividends or profit|||
|paid by subsidiaries to minority|0.00|0.00|
|shareholders|||
|Other cash payments relating to|||
||18,422,464.00|7,542,000.00|
|financing activities|||
|Sub-total of cash outflows from|||
||2,854,026,606.30|1,984,771,279.41|
|financing activities|||
|Net cash flows from financing|||
||398,433,393.70|342,378,720.59|
|activities|||
|IV. Effect of foreign exchange rate|||
||445.09|-401.40|
|changes on cash and cash equivalents|||

Report for the Third Quarter of 2014 of Shenzhen International Enterprise Co., Ltd.
||||
|-|-|-|
|V. Net increase in cash and cash|||
||14,536,179.87|9,057,025.50|
|equivalents|||
|Add: Opening balance of cash|||
||4,981,927.78|4,644,946.98|
|and cash equivalents|||
|VI. Closing balance of cash and cash|||
||19,518,107.65|13,701,972.48|
|equivalents|||

Legal representative: Zheng Kanghao Person-in-charge of the accounting work: Chen Xiaohai Chief of the accounting division: Xu Xiaoyun
8. Cash flow statement of the Company for Jan.-Sept. 2014
Prepared by Shenzhen International Enterprise Co., Ltd.
Unit: RMB Yuan
||||
|-|-|-|
|Item|Jan.-Sept. 2014|Jan.-Sept. 2013|
|I. Cash flows from operating|||
|activities:|||
|Cash received from sale of|||
||0.00|0.00|
|commodities and rendering of service|||
|Tax refunds received|82,522,495.02|48,437,041.08|
|Other cash received relating to|||
||0.00|0.00|
|operating activities|||
|Subtotal of cash inflows from|||
||82,522,495.02|48,437,041.08|
|operating activities|||
|Cash paid for goods and services|0.00|0.00|
|Cash paid to and for employees|10,834,885.20|11,145,945.05|
|Various taxes paid|183,036.73|506,160.07|
|Other cash payment relating to|||
||72,111,097.00|36,749,013.77|
|operating activities|||
|Subtotal of cash outflows from|||
||83,129,018.93|48,401,118.89|
|operating activities|||
|Net cash flows from operating|||
||-606,523.91|35,922.19|
|activities|||
|II. Cash flows from investing|||
|activities:|||
|Cash received from retraction of|||
||0.00|0.00|
|investments|||
|Cash received from return on|0.00|0.00|

Report for the Third Quarter of 2014 of Shenzhen International Enterprise Co., Ltd.
||||
|-|-|-|
|investments|||
|Net cash received from disposal of|||
|fixed assets, intangible assets and|29,500.00|0.00|
|other long-term assets|||
|Net cash received from disposal of|||
||0.00|0.00|
|subsidiaries or other business units|||
|Other cash received relating to|||
||0.00|0.00|
|investing activities|||
|Subtotal of cash inflows from|||
||29,500.00|0.00|
|investing activities|||
|Cash paid to acquire fixed assets,|||
|intangible assets and other long-term|438,640.65|10,688.00|
|assets|||
|Cash paid for investment|0.00|0.00|
|Net cash paid to acquire|||
||0.00|0.00|
|subsidiaries and other business units|||
|Other cash payments relating to|||
||0.00|0.00|
|investing activities|||
|Subtotal of cash outflows from|||
||438,640.65|10,688.00|
|investing activities|||
|Net cash flows from investing|||
||-409,140.65|-10,688.00|
|activities|||
|III. Cash Flows from Financing|||
|Activities:|||
|Cash received from capital|||
||0.00|0.00|
|contributions|||
|Cash received from borrowings|0.00|0.00|
|Cash received from issuance of|||
||0.00|0.00|
|bonds|||
|Other cash received relating to|||
||0.00|0.00|
|financing activities|||
|Subtotal of cash inflows from|||
||0.00|0.00|
|financing activities|||
|Repayment of borrowings|0.00|0.00|
|Cash paid for interest expenses|||
||0.00|0.00|
|and distribution of dividends or profit|||
|Other cash payments relating to|||
||0.00|0.00|
|financing activities|||

Report for the Third Quarter of 2014 of Shenzhen International Enterprise Co., Ltd.
||||
|-|-|-|
|Sub-total of cash outflows from|||
||0.00|0.00|
|financing activities|||
|Net cash flows from financing|||
||0.00|0.00|
|activities|||
|IV. Effect of foreign exchange rate|||
||445.09|-393.86|
|changes on cash and cash equivalents|||
|V. Net increase in cash and cash|||
||-1,015,219.47|24,840.33|
|equivalents|||
|Add: Opening balance of cash|||
||1,199,483.66|126,929.23|
|and cash equivalents|||
|VI. Closing balance of cash and cash|||
||184,264.19|151,769.56|
|equivalents|||

Legal representative: Zheng Kanghao Person-in-charge of the accounting work: Chen Xiaohai Chief of the accounting division: Xu Xiaoyun
II. Audit report
Is this report audited?
□ Yes√ No
This report is not audited.