Shenzhen China Bicycle Company (Holdings) Limited THE THIRD QUARTERLY REPORT FOR 2017
October 2017
Section I. Important Notes
Board of Directors and the Supervisory Committee of SHENZHEN CHINA BICYCLE COMPANY (HOLDINGS) LIMITED (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 Li Hai, Person in Charge of Accounting Works Sun Longlong and Person in Charge of Accounting Organ (Accounting Officer) Zhong Xiaojin 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)|62,394,750.79|||54,088,275.72||||15.36%||
|Net assets attributable to|13,005,171.70|||14,368,683.58||||||
|shareholders of listed company||||||||-9.49%||
|(RMB)||||||||||
||||||||||Increase/decrease in|
||||Increase/decrease in|||||||
||||||||||comparison with|
||||comparison with||||Year-begin to end of|||
|||Current period|||||||year-begin to|
||||same period of last||||the Period|||
||||||||||Period-end of last|
||||year|||||||
||||||||||year|
|Operating revenue (RMB)|46,587,182.39||-14.01%|||95,516,858.66|||-20.37%|
|Net profit attributable to|327,866.56|||||-1,363,511.88||||
|shareholders of the listed|||-79.91%||||||-165.54%|
|company (RMB)||||||||||
|Net profit attributable to||||||||||
|shareholders of the listed||||||||||
|company after deducting||247,560.69|-83.13%||||-1,655,258.58||-199.65%|
|non-recurring gains and losses||||||||||
|(RMB)||||||||||
|Net cash flow arising from||||||-6,339,451.88||||
|||--|--||||||11.06%|
|operating activities (RMB)||||||||||
|Basic earnings per share|0.0006|||||-0.0025||||
||||-80.00%||||||-165.79%|
|(RMB/Share)||||||||||
|Diluted earnings per share|0.0006|||||-0.0025||||
||||-80.00%||||||-165.79%|
|(RMB/Share)||||||||||
|Weighted average ROE||2.55%|-9.98%||||-9.96%||-26.21%|

 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|||
||6,253.14||
|the write-off that accrued for impairment of assets)|||
|Other gains/losses qualify the definition of non-recurring gains|||
||394,209.58||
|and losses|||
|Less: impact on income tax|100,115.68||
|Impact on minority shareholders’ equity (post-tax)|8,600.34||
|Total|291,746.70|--|

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 with voting||||||
||Total number of common|||||||||||||
||shareholders at the end of report||||52,397|||rights recovered at end of||||0||
||period|||||||reporting period (if||||||
|||||||||applicable)||||||
||Top ten shareholders|||||||||||||
|||||||||||Amount of|Number of share pledged/frozen|||
||||Nature of||Proportion of||Amount of|||||||
||Shareholders|||||||||restricted||||
||||shareholder||shares held||shares held||||State of share||Amount|
|||||||||||shares held||||
|ShenzhenGuoshengEnergyInvestmentDevelopmentCo., Ltd.||Domesticnon-State-owned legal person||11.52%||63,508,747|||0|||||
||||||||||||Pledged||11,000,000|
|UOB (H.K.)Co., Ltd.||Foreign legalperson||2.89%||15,907,850|||0|||||
||||||||||||||0|
|GuosenSecurities||Foreign legal||2.54%||13,988,425|||0|||||
||||||||||||||0|

|||||||
|-|-|-|-|-|-|
|(H.K.) Co.,Ltd.|person|||||
|Hwabao TrustCo., Ltd. –“Hui Huang”No.33 SingleCapital Trust|Other|1.64%|9,024,079|0||
||||||0|
|ShenwanHongyuanSecurities(Hongkong)Co., Ltd.|Foreign legalperson|1.10%|6,043,657|0||
||||||0|
|ZhongrongInternationalTrust Co., Ltd.–Zhongrong-Dingfu No.12StructuredPortfolio FundTrust Scheme|Other|0.87%|4,774,300|0||
||||||0|
|ZhongrongInternationalTrust Co., Ltd.–Zhongrong-Dingfu No.13StructuredPortfolio FundTrust Scheme|Other|0.87%|4,770,923|0||
||||||0|
|ZhongrongInternationalTrust Co., Ltd.–Zhongrong-Dingfu No.14StructuredPortfolio FundTrust Scheme|Other|0.83%|4,547,797|0||
||||||0|
|ZhongrongInternationalTrust Co., Ltd.|Other|0.81%|4,464,844|0||
||||||0|

||||||||||||
|-|-|-|-|-|-|-|-|-|-|-|
|–Zhongrong-Dingfu No.11StructuredPortfolio FundTrust Scheme|||||||||||
|Li Huili||Domesticnature person|0.71%|||3,891,124|0||||
||||||||||0||
||Particular about top ten shareholders with un-restrict shares held||||||||||
|||||||||Type of shares|||
||Shareholders||||Amount of un-restrict shares held||||||
|||||||||Type||Amount|
|Shenzhen Guosheng Energy InvestmentDevelopment Co., Ltd.||||63,508,747||||RMB ordinary|||
|||||||||||63,508,747|
|||||||||shares|||
|UOB (H.K.) Co., Ltd.||||15,907,850||||Domestically|||
|||||||||listed foreign||15,907,850|
|||||||||shares|||
|Guosen Securities (H.K.) Co., Ltd.||||13,988,425||||Domestically|||
|||||||||listed foreign||13,988,425|
|||||||||shares|||
|Hwabao Trust Co., Ltd. – “Hui Huang”No.33 Single Capital Trust||||9,024,079||||RMB ordinary|||
|||||||||||9,024,079|
|||||||||shares|||
|Shenwan Hongyuan Securities(Hongkong) Co., Ltd.||||6,043,657||||Domestically|||
|||||||||listed foreign||6,043,657|
|||||||||shares|||
|Zhongrong International Trust Co., Ltd.– Zhongrong-Dingfu No.12 StructuredPortfolio Fund Trust Scheme||||4,774,300|||||||
|||||||||RMB ordinary|||
|||||||||||4,774,300|
|||||||||shares|||
|Zhongrong International Trust Co., Ltd.– Zhongrong-Dingfu No.13 StructuredPortfolio Fund Trust Scheme||||4,770,923|||||||
|||||||||RMB ordinary|||
|||||||||||4,770,923|
|||||||||shares|||
|Zhongrong International Trust Co., Ltd.– Zhongrong-Dingfu No.14 StructuredPortfolio Fund Trust Scheme||||4,547,797|||||||
|||||||||RMB ordinary|||
|||||||||||4,547,797|
|||||||||shares|||
|Zhongrong International Trust Co., Ltd.– Zhongrong-Dingfu No.11 StructuredPortfolio Fund Trust Scheme||||4,464,844|||||||
|||||||||RMB ordinary|||
|||||||||||4,464,844|
|||||||||shares|||
|Li Huili||||3,891,124||||Domestically|||
|||||||||listed foreign||3,891,124|
|||||||||shares|||
||Explanation on associated relationship||||Li Huili, the spouse of actual controller Ji Hanfei, holding B-share of the Company on||||||

|||
|-|-|
|among the aforesaid shareholders|behalf of Shenzhen Guosheng Energy Investment Development Co., Ltd., beyond|
||that, the Company has no idea of whether other circulated shareholders belong to|
||concerted action persons ruled in the Administration Norms for Information|
||Disclosure of Change on Shareholding of Shareholders of Listed Companies.|

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
In RMB
||||||
|-|-|-|-|-|
|Item|Ending Period or||||
|||Opening Period or s|||
||form year begin t||Changes|Reasons|
|||ame period last year|||
||o now||||
|Note receivable|0.00|2,220,000.00|-100.00%|Note receivables are paid by endorsement till end of period-end|
|Accounts|24,516,314.64|12,371,386.82|98.17%|Acount receivables from subsidiary increased for the peak|
|receivable||||season|
|Inventory|8,568,881.53|3,118,440.26|174.78%|Stock increased for peak season in the period|
|Accounts payable|16,032,810.92|9,751,977.78|64.41%|Due to the stock for peak season from subsidiary|
|Tax payable|684,127.96|1,565,153.77|-56.29%|The enterprise income tax for year of 2016 was paid in first half|
|||||year|
|Other payable|26,705,430.16|20,397,287.32|30.93%|Bid bond received in the period for privately placement of|
|||||shares from relevant subscriber|
|Management|4,926,676.97|3,721,048.96|32.40%|Agency costs increased for the privately placement of shares|
|expenses|||||
|Cash received|11,098,169.48|4,616,717.46|140.39%||
|related with other||||Bid bond received in the period for privately placement of|
|operation||||shares from relevant subscriber|
|activities|||||

II. Progress of significant events, their influences, and analysis and explanation of their solutions
√ Applicable□Not applicable
In July 2016, the company initiated the planning for non-public offering of shares; the company's Board of Directors reviewed and approved the Plan for Non-public Offering of A Shares in 2016. On the basis of the due diligence, audit evaluation and commercial negotiation of the intermediary institution, and combined with the actual situation of the capital market and the company, in February 2017, the Board of Directors of the company considered and approved the Proposal on Adjusting the Company's Non-public Offering of A Shares, the Plan for Non-public Offering of A Shares in 2016 (Revision) and so on. According to the revision of the plan, the total amount of this private placement was no more than 1.2 billion Yuan, after deducting the issue costs, the company planned to
invest 800 million Yuan of funds for the “intelligent community building talk-back equipment and system platform construction
project”, and invest 400 million Yuan of funds for the "sports experience online and offline sales platform and R& D center
construction project”. In May 2017, the Board of Directors of the Company examined and approved the Proposal on Adjusting the
Scheme of Non-Public Offering of Shares by the Company. According to the plan revision, the total amount of raised funds for this non-public offering should not exceed RMB 800 million, after deducting the issuance expenses, the company planned to invest RMB 660 million of funds for “online and offline marketing network platform construction and upgrading project”, and planned to invest RMB 140 million of funds for “R& D center construction project”. On June 19, 2017, the company convened the second extraordinary general meeting of shareholders in 2017 which approved the aforesaid proposal on non-public offering of shares. Further works still in process
|||||
|-|-|-|-|
||||Information index for temporary report|
||Overview|Date for disclosure||
||||disclosure|
|Suspension Notice for Privately Placement of SharesAdjustment|||Juchao Website|
|||2017-02-16||
||||http://www.cninfo.com.cn|
|Continued Suspension and Progress of Privately Placementof Shares|||Juchao Website|
|||2017-02-23||
||||http://www.cninfo.com.cn|
|Resolution of 22nd Meeting (extraordinary) of 9th BOD|||Juchao Website|
|||2017-02-28||
||||http://www.cninfo.com.cn|
|Resolution of 8th Meeting (extraordinary) of 8th SupervisoryCommittee|||Juchao Website|
|||2017-02-28||
||||http://www.cninfo.com.cn|
|Notice of Investment Abroad (Draft Revision )|||Juchao Website|
|||2017-02-28||
||||http://www.cninfo.com.cn|
|Notice of Loan by Mandate|||Juchao Website|
|||2017-02-28||
||||http://www.cninfo.com.cn|
|Resumption of Stock Trading|||Juchao Website|
|||2017-02-28||
||||http://www.cninfo.com.cn|
|Suspension Notice for Privately Placement of SharesAdjustment|||Juchao Website|
|||2017-05-15||
||||http://www.cninfo.com.cn|
|Resolution of 26th Meeting (extraordinary) of 9th BOD|||Juchao Website|
|||2017-05-22||
||||http://www.cninfo.com.cn|
|Resolution of 10th Meeting (extraordinary) of 8thSupervisory Committee|||Juchao Website|
|||2017-05-22||
||||http://www.cninfo.com.cn|
|Resumption of Stock Trading|||Juchao Website|
|||2017-05-22||
||||http://www.cninfo.com.cn|
|Resolution of 2nd Extraordinary Shareholders Meeting 2017|||Juchao Website|
|||2017-06-19||
||||http://www.cninfo.com.cn|

III. Commitments that the actual controller, shareholders, related parties, acquirer 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, acquirer 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 2016
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|
||Telephone|||
|1 Jan. 2017 to 30 Sept. 2017||Individual|Recombination consulting|
||communication|||
||Telephone||Progress of privately placement of shares|
|1 Jan. 2017 to 30 Sept. 2017||Individual||
||communication||consulting|

VIII. Guarantee outside against the regulation
□Applicable√Not applicable
The Company had no guarantee outside against the regulation in the 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
The Company has no precise social responsibility for poverty alleviation in the period and has no follow-up plan either
Section IV. Financial Statement
I. Financial statement
1. Consolidate balance sheet
Prepared by SHENZHEN CHINA BICYCLE COMPANY (HOLDINGS) LIMITED
2017-09-30
In RMB
||||
|-|-|-|
|Item|Balance at period-end|Balance at period-begin|
|Current assets:|||
|Monetary funds|17,076,100.83|24,015,287.71|
|Settlement provisions|||
|Capital lent|||
|Financial assets measured by fair|||
|value and with variation reckoned into|||
|current gains/losses|||
|Derivative financial assets|||
|||2,220,000.00|
|Notes receivable|||
||24,516,314.64|12,371,386.82|
|Accounts receivable|||
|Accounts paid in advance|2,251,564.46|1,867,424.89|
|Insurance receivable|||
|Reinsurance receivables|||
|Contract reserve of reinsurance|||
|receivable|||
|Interest receivable|||
|Dividend receivable|||
|Other receivables|641,869.07|658,754.09|
|Purchase restituted finance asset|||
|Inventories|8,568,881.53|3,118,440.26|
|Divided into assets held for sale|||
|Non-current asset due within one year|||
|Other current assets|2,361,315.96|2,050,830.55|
|Total current assets|55,416,046.49|46,302,124.32|
|Non-current assets:|||
|Loans and payments on behalf|||

||||
|-|-|-|
|Finance asset available for sales|||
|Held-to-maturity investment|||
|Long-term account receivable|||
|Long-term equity investment|||
|Investment property|||
|Fixed assets|3,497,887.42|3,728,955.11|
|Construction in progress|||
|Engineering material|||
|Disposal of fixed asset|||
|Productive biological asset|||
|Oil and gas asset|||
|Intangible assets|2,447,250.00|3,012,000.00|
|Expense on Research and|||
|Development|||
|Goodwill|||
|Long-term expenses to be apportioned|||
|Deferred income tax asset|633,566.88|645,196.29|
|Other non-current asset|400,000.00|400,000.00|
|Total non-current asset|6,978,704.30|7,786,151.40|
|Total assets|62,394,750.79|54,088,275.72|
|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|16,032,810.92|9,751,977.78|
|Accounts received in advance|3,092,540.13|4,321,059.83|
|Selling financial asset of repurchase|||
|Commission charge and commission|||
|payable|||
|Wage payable|210,825.24|770,985.97|

||||
|-|-|-|
|Taxes payable|684,127.96|1,565,153.77|
|Interest payable|||
|Dividend payable|||
|Other accounts payable|26,705,430.16|20,397,287.32|
|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|46,725,734.41|36,806,464.67|
|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|46,725,734.41|36,806,464.67|
|Owner’s equity:|||
|Share capital|551,347,947.00|551,347,947.00|
|Other equity instrument|||
|Including: preferred stock|||
|Perpetual capital securities|||
|Capital public reserve|627,834,297.85|627,834,297.85|
|Less: Inventory shares|||
|Other comprehensive income|||

||||
|-|-|-|
|Reasonable reserve|||
|Surplus public reserve|32,673,227.01|32,673,227.01|
|Provision of general risk|||
|Retained profit|-1,198,850,300.16|-1,197,486,788.28|
|Total owner’s equity attributable to parentcompany|13,005,171.70|14,368,683.58|
|Minority interests|2,663,844.68|2,913,127.47|
|Total owner’s equity|15,669,016.38|17,281,811.05|
|Total liabilities and owner’s equity|62,394,750.79|54,088,275.72|

 Legal Representative: Li Hai Person in charge of Accounting Works: Sun Longlong Person in charge of Accounting Institution: Zhong Xiaojin
2. Balance Sheet of Parent Company
In RMB
||||
|-|-|-|
|Item|Balance at period-end|Balance at period-begin|
|Current assets:|||
||4,610,079.01|1,143,418.29|
|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|133,771.48|16,000.00|
|Interest receivable|||
|Dividends receivable|||
|Other receivables|11,754,422.53|9,364,086.29|
|Inventories|||
|Divided into assets held for sale|||
|Non-current assets maturing within one|||
|year|||
|Other current assets|2,361,315.96|2,050,830.55|
|Total current assets|18,859,588.98|12,574,335.13|
|Non-current assets:|||
|Available-for-sale financial assets|||

||||
|-|-|-|
|Held-to-maturity investments|||
|Long-term receivables|||
|Long-term equity investments|10,379.73|10,379.73|
|Investment property|||
|Fixed assets|3,360,958.46|3,528,684.59|
|Construction in progress|||
|Project materials|||
|Disposal of fixed assets|||
|Productive biological assets|||
|Oil and natural gas assets|||
|Intangible assets|2,447,250.00|3,012,000.00|
|Research and development costs|||
|Goodwill|||
|Long-term deferred expenses|||
|Deferred income tax assets|||
|Other non-current assets|400,000.00|400,000.00|
|Total non-current assets|6,218,588.19|6,951,064.32|
|Total assets|25,078,177.17|19,525,399.45|
|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|||
|Accounts received in advance||1,086,507.70|
|Wage payable|112,801.24|112,700.06|
|Taxes payable|102,808.93|81,512.92|
|Interest payable|||
|Dividend payable|||
|Other accounts payable|18,062,653.15|10,662,912.89|
|Divided into liability held for sale|||
|Non-current liabilities due within 1|||
|year|||

||||
|-|-|-|
|Other current liabilities|||
|Total current liabilities|18,278,263.32|11,943,633.57|
|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|18,278,263.32|11,943,633.57|
|Owners’ equity:|||
|Share capita|551,347,947.00|551,347,947.00|
|Other equity instrument|||
|Including: preferred stock|||
|Perpetual capital securities|||
|Capital public reserve|627,834,297.85|627,834,297.85|
|Less: Inventory shares|||
|Other comprehensive income|||
|Reasonable reserve|||
|Surplus reserve|32,673,227.01|32,673,227.01|
|Retained profit|-1,205,055,558.01|-1,204,273,705.98|
|Total owner’s equity|6,799,913.85|7,581,765.88|
|Total liabilities and owner’s equity|25,078,177.17|19,525,399.45|

 3. Consolidated Profit Statement (the period)
In RMB
||||
|-|-|-|
|Item|Current Period|Last Period|
|I. Total operating income|46,587,182.39|54,175,577.57|

||||
|-|-|-|
|Including: Operating income|46,587,182.39|54,175,577.57|
|Interest income|||
|Insurance gained|||
|Commission charge and|||
|commission income|||
|II. Total operating cost|46,181,463.39|51,187,078.04|
|Including: Operating cost|43,119,915.64|48,076,785.50|
|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|81,383.34|206,942.50|
|Sales expenses|1,399,215.81|1,545,358.06|
|Administration expenses|1,587,145.47|1,372,408.89|
|Financial expenses|-6,196.87|-14,416.91|
|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|||
||405,719.00|2,988,499.53|
|with “-”)|||
|Add: Non-operating income|109,552.14|220,577.00|
|Including: Disposal gains of|||
||6,253.14||
|non-current asset|||

||||
|-|-|-|
|Less: Non-operating expense|800.00|638.00|
|Including: Disposal loss of|||
|non-current asset|||
|IV. Total Profit (Loss is listed with|||
||514,471.14|3,208,438.53|
|“-”)|||
|Less: Income tax expense||818,770.47|
|V. Net profit (Net loss is listed with “-”)|514,471.14|2,389,668.06|
|Net profit attributable to owner’s of|||
||327,866.56|1,632,211.91|
|parent company|||
|Minority shareholders’ gains and|||
||186,604.58|757,456.15|
|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|514,471.14|2,389,668.06|
|Total comprehensive income|||
|attributable to owners of parent|327,866.56|1,632,211.91|
|Company|||
|Total comprehensive income|||
||186,604.58|757,456.15|
|attributable to minority shareholders|||
|VIII. Earnings per share:|||
|(i) Basic earnings per share|0.0006|0.0030|
|(ii) Diluted earnings per share|0.0006|0.0030|

 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: Li Hai Person in charge of Accounting Works: Sun Longlong Person in charge of Accounting Institution: Zhong Xiaojin
4. Profit Statement of Parent Company (the period)
In RMB
||||
|-|-|-|
|Item|Current Period|Last Period|
|I. Operating income|1,605,386.93|1,265,426.67|
|Less: Operating cost|784,652.86|688,506.70|
|Operating tax and extras|720.00||
|Sales expenses|||
|Administration expenses|1,033,403.43|932,878.31|
|Financial expenses|-2,685.25|-195.57|
|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|||
||-210,704.11|-355,762.77|
|with “-”)|||
|Add: Non-operating income|103,160.00|220,577.00|
|Including: Disposal gains of|||
|non-current asset|||
|Less: Non-operating expense|||
|Including: Disposal loss of|||
|non-current asset|||
|III. Total Profit (Loss is listed with|||
||-107,544.11|-135,185.77|
|“-”)|||
|Less: Income tax expense|||
|IV. Net profit (Net loss is listed with|||
||-107,544.11|-135,185.77|
|“-”)|||
|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|-107,544.11|-135,185.77|
|VII. Earnings per share:|||
|(i) Basic earnings per share|-0.0002|-0.0002|
|(ii) Diluted earnings per share|-0.0002|-0.0002|

 5. Consolidated Profit Statement (form the year-begin to the period-end)
In RMB
||||
|-|-|-|
|Item|Current Period|Last Period|
|I. Total operating income|95,516,858.66|119,949,590.90|
|Including: Operating income|95,516,858.66|119,949,590.90|
|Interest income|||
|Insurance gained|||
|Commission charge and|||
|commission income|||
|II. Total operating cost|97,518,486.64|116,586,845.40|
|Including: Operating cost|88,806,188.47|108,398,018.87|
|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|172,736.39|278,067.89|
|Sales expenses|3,867,917.68|4,773,540.42|
|Administration expenses|4,926,676.97|3,721,048.96|
|Financial expenses|-207,761.78|-558,942.46|
|Losses of devaluation of asset|-47,271.09|-24,888.28|
|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|||
||-2,001,627.98|3,362,745.50|
|with “-”)|||
|Add: Non-operating income|401,262.72|562,666.82|
|Including: Disposal gains of|||
||6,253.14||
|non-current asset|||
|Less: Non-operating expense|800.00|2,147.00|
|Including: Disposal loss of|||
|non-current asset|||
|IV. Total Profit (Loss is listed with|||
||-1,601,165.26|3,923,265.32|
|“-”)|||
|Less: Income tax expense|11,629.41|1,014,665.68|
|V. Net profit (Net loss is listed with “-”)|-1,612,794.67|2,908,599.64|
|Net profit attributable to owner’s of|||
||-1,363,511.88|2,080,568.20|
|parent company|||
|Minority shareholders’ gains and|||
||-249,282.79|828,031.44|
|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|-1,612,794.67|2,908,599.64|
|Total comprehensive income|||
|attributable to owners of parent|-1,363,511.88|2,080,568.20|
|Company|||

||||
|-|-|-|
|Total comprehensive income|||
||-249,282.79|828,031.44|
|attributable to minority shareholders|||
|VIII. Earnings per share:|||
|(i) Basic earnings per share|-0.0025|0.0038|
|(ii) Diluted earnings per share|-0.0025|0.0038|

 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|4,834,292.89|4,742,196.93|
|Less: Operating cost|2,778,728.66|2,780,550.26|
|Operating tax and extras|720.00|27,518.91|
|Sales expenses|||
|Administration expenses|3,199,158.88|2,247,781.72|
|Financial expenses|-223.62|-23.34|
|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|||
||-1,144,091.03|-313,630.62|
|with “-”)|||
|Add: Non-operating income|362,239.00|558,192.00|
|Including: Disposal gains of|||
|non-current asset|||
|Less: Non-operating expense||1,509.00|
|Including: Disposal loss of|||
|non-current asset|||
|III. Total Profit (Loss is listed with|||
||-781,852.03|243,052.38|
|“-”)|||
|Less: Income tax expense||94,557.55|

||||
|-|-|-|
|IV. Net profit (Net loss is listed with|||
||-781,852.03|148,494.83|
|“-”)|||
|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|-781,852.03|148,494.83|
|VII. Earnings per share:|||
|(i) Basic earnings per share|-0.0014|0.0003|
|(ii) Diluted earnings per share|-0.0014|0.0003|

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|36,888,521.94|51,251,394.74|
|services|||
|Net increase of customer deposit|||
|and interbank deposit|||
|Net increase of loan from central|||
|bank|||
|Net increase of capital borrowed|||
|from other financial institution|||
|Cash received from original|||
|insurance contract fee|||
|Net cash received from reinsurance|||
|business|||
|Net increase of insured savings and|||
|investment|||
|Net increase of amount from|||
|disposal financial assets that measured|||
|by fair value and with variation|||
|reckoned into current gains/losses|||
|Cash received from interest,|||
|commission charge and commission|||
|Net increase of capital borrowed|||
|Net increase of returned business|||
|capital|||
|Write-back of tax received|||
|Other cash received concerning|||
||11,098,169.48|4,616,717.46|
|operating activities|||
|Subtotal of cash inflow arising from|||
||47,986,691.42|55,868,112.20|
|operating activities|||
|Cash paid for purchasing|||
|commodities and receiving labor|39,270,323.28|45,331,191.15|
|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|5,147,547.23|4,832,051.33|
|Taxes paid|2,037,613.77|1,889,273.30|
|Other cash paid concerning|||
||7,870,659.02|9,523,471.89|
|operating activities|||
|Subtotal of cash outflow arising from|||
||54,326,143.30|61,575,987.67|
|operating activities|||
|Net cash flows arising from operating|||
||-6,339,451.88|-5,707,875.47|
|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|60,000.00||
|assets|||
|Net cash received from disposal of|||
|subsidiaries and other units|||
|Other cash received concerning|||
|investing activities|||
|Subtotal of cash inflow from investing|||
||60,000.00||
|activities|||
|Cash paid for purchasing fixed,|||
||659,735.00|2,959,824.00|
|intangible and other long-term assets|||
|Cash paid for investment|||
|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|||
||659,735.00|2,959,824.00|
|activities|||
|Net cash flows arising from investing|||
||-599,735.00|-2,959,824.00|
|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|||
|financing activities|||
|Subtotal of cash inflow from financing|||
|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|||
|financing activities|||
|Subtotal of cash outflow from financing|||
|activities|||
|Net cash flows arising from financing|||
|activities|||
|IV. Influence on cash and cash|||
|equivalents due to fluctuation in|||
|exchange rate|||
|V. Net increase of cash and cash|||
||-6,939,186.88|-8,667,699.47|
|equivalents|||
|Add: Balance of cash and cash|||
||24,015,287.71|26,752,065.66|
|equivalents at the period -begin|||
|VI. Balance of cash and cash|||
||17,076,100.83|18,084,366.19|
|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|18,237.60||
|services|||
|Write-back of tax received|||
|Other cash received concerning|||
||14,141,053.76|10,988,782.41|
|operating activities|||
|Subtotal of cash inflow arising from|||
||14,159,291.36|10,988,782.41|
|operating activities|||
|Cash paid for purchasing|||
|commodities and receiving labor||32,356.80|
|service|||
|Cash paid to/for staff and workers|1,896,360.11|1,428,400.08|
|Taxes paid|301,847.14|408,315.93|
|Other cash paid concerning|||
||8,484,628.39|6,536,911.04|
|operating activities|||
|Subtotal of cash outflow arising from|||
||10,682,835.64|8,405,983.85|
|operating activities|||
|Net cash flows arising from operating|||
||3,476,455.72|2,582,798.56|
|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|||
|assets|||
|Net cash received from disposal of|||
|subsidiaries and other units|||
|Other cash received concerning|||
|investing activities|||
|Subtotal of cash inflow from investing|||

||||
|-|-|-|
|activities|||
|Cash paid for purchasing fixed,|||
||9,795.00|2,959,824.00|
|intangible and other long-term assets|||
|Cash paid for investment|||
|Net cash received from|||
|subsidiaries and other units|||
|Other cash paid concerning|||
|investing activities|||
|Subtotal of cash outflow from investing|||
||9,795.00|2,959,824.00|
|activities|||
|Net cash flows arising from investing|||
||-9,795.00|-2,959,824.00|
|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|||
|financing activities|||
|Subtotal of cash outflow from financing|||
|activities|||
|Net cash flows arising from financing|||
|activities|||
|IV. Influence on cash and cash|||
|equivalents due to fluctuation in|||
|exchange rate|||
|V. Net increase of cash and cash|||
||3,466,660.72|-377,025.44|
|equivalents|||
|Add: Balance of cash and cash|||
||1,143,418.29|1,199,934.09|
|equivalents at the period -begin|||

||||
|-|-|-|
|VI. Balance of cash and cash|||
||4,610,079.01|822,908.65|
|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.