Dongxu Optoelectronic Technology Co., Ltd. The First Quarterly Report 2016
Stock code：000413,200413 Abbreviation：Dongxu Optoelectronic, Dongxu B Announcement：2016-053 Dongxu Optoelectronic Technology Co., Ltd.
The First Quarterly Report 2016
April 2016
Dongxu Optoelectronic Technology Co., Ltd.The First Quarterly Report 2016 I. Important Notice
The Board of Directors ,Supervisory Committee, all directors, supervisors and senior executives of the Company hereby guarantees that there are no misstatement, misleading representation or important omissions in this report and shall assume joint and several liability for the authenticity, accuracy and completeness of the contents hereof. All of the directors presented the board meeting at which this Quarterly Report was examined.
Mr. Li Zhaoting, The Company leader, Mr.Zhou Bo, Chief financial officer and the Mr..Zhou Bo, the person in charge of the accounting department (the person in charge of the accounting )declare: the financial report carried in this report is authentic and completed
Dongxu Optoelectronic Technology Co., Ltd.The First Quarterly Report 2016 II. Main financial data and changes of shareholders
I. Main financial data and financial index
Whether it has retroactive adjustment or re-statement on previous accounting data for accounting policy changed and accounting error correction or not.
□ Yes√ No
|||||
|-|-|-|-|
||||Changes of this period over same|
||This period|Same period of last year||
||||period of last year（％）|
|Operating income（RMB）|1,581,690,834.17|598,858,730.43|164.12%|
|Net profit attributable to the shareholders of|347,750,532.74|158,271,987.10||
||||119.72%|
|the listed company（RMB）||||
|Net profit after deducting of non-recurring||||
|gain/loss attributable to the shareholders of|269,369,501.10|34,492,437.26|680.95%|
|listed company（RMB）||||
|Cash flow generated by business operation,|-934,819,444.05|-58,734,373.46||
|net（RMB）||||
|Basic earning per share(RMB/Share)|0.09|0.06|50.00%|
|Diluted gains per|0.09|0.06||
||||50.00%|
|share(RMB/Share)(RMB/Share)||||
|Weighted average return on equity||||
||2.40%|2.04%|0.36%|
|（%）||||
||||Changes of this period-end over|
||End of this period|End of last period||
||||same period-end of last year(%)|
|Gross assets（RMB）|28,606,491,414.24|28,798,623,253.33|-0.67%|
|Net assets attributable to the shareholders of|14,668,221,597.95|14,319,481,941.28||
||||2.44%|
|the listed company（RMB）||||

Items and amount of non-current gains and losses
√ Applicable□ Not applicable
In RMB
||||
|-|-|-|
||Amount (Year-beginning to the||
|Items||Notes|
||end of the report period.)||
|Non-current asset disposal gain/loss(including the write-off part for|||
||-1,872.47||
|which assets impairment provision is made)|||
|Govemment subsidy recognized in current gain and loss(excluding|||
||95,649,849.99||
|those closely related to the Company’s business and granted under the|||

Dongxu Optoelectronic Technology Co., Ltd.The First Quarterly Report 2016
||||
|-|-|-|
|state’s policies)|||
|Other non-operating income and expenditure beside for the above items|750,000.00||
|Other profit/loss that meet the definition of exceptional profit/loss|203,555.54||
|Less: Influenced amount of income tax|14,407,999.97||
|Amount of influence of minority interests（After tax）|3,812,501.45||
|Total|78,381,031.64|--|

For theCompany’s non-recurring gain/loss items as defined in the Explanatory Announcement No.1 on information disclosure for Companies Offering their Securities to the Public-Non-recurring Gains and Losses and its non-recurring gain/loss items as illustrated in the Explanatory Announcement No.1 on information Disclosure for Companies offering their securities to the public-non-recurring Gains and losses which have been defined as recurring gains and losses, it is necessary to explain the reason.
□Applicable√ Not applicable
None of Non-recurring gain /loss items recognized as recurring gain /loss/items as defined by the information disclosure explanatory Announcement No.1- Non–recurring gain/loss in the report period.
II. Total Shareholders and Shares Held by Top Ten Shareholders at the End of the Reporting Period
1. About Total Common Shareholders, Total Preference Shareholders with the Voting Power Recovered and the Shares Held by Top Ten Common Shareholders
In shares
|||||||||||
|-|-|-|-|-|-|-|-|-|-|
||||||Total preference shareholders with|||||
|Total number of common|210,114(including 191,376 shareholders holding A|||||||||
||||||the voting power recovered at the||||0|
|shareholders at the period-end|shares and 18,738 shareholders holding B shares)|||||||||
||||||end of the reporting period(if any)|||||
|Shares held by the top 10 shareholders||||||||||
|||||||Amount of|Pledging or freezing|||
||||Share|||||||
|||Properties of||||tradable shares|Status|||
|Shareholder name|||proportion|Quantity||||||
|||shareholder||||with Conditional|of the|Quantity||
||||%|||||||
|||||||held|shares|||
|Dongxu Group||Domestic Non-State-owned legalperson|21.64%|829,975,697||829,975,697||||
||||||||Pledge|761,912,697||
|Shijiazhuang Baoshi Electronic GroupCo., Ltd.||Domestic Non-State-owned legalperson|8.67%|332,382,171||||||
||||||||Pledge|300,920,148||
|Minsheng Royal Fund Management Co.,Ltd.-Ping An Bank-Ping An Trust-PingAn Wealth* Huitai No.163 Single FundTrust||Other|4.78%|183,284,457||183,284,457||||

Dongxu Optoelectronic Technology Co., Ltd.The First Quarterly Report 2016
|||||||||
|-|-|-|-|-|-|-|-|
|Bosera Capital-Ping An Bank- Ping AnTrust-Ping An Wealth* Huitai No.164Single Fund Trust|Other||4.36%|167,155,426||167,155,426||
|Guangzhou Securities-China GuangfaBank-Guangzhou Securities No.2Collective Asset Management Plan ofKunpeng Dingcheng|Other||3.44%|131,964,809||131,964,809||
|HuaAn Future Asset-ICBC-No.1 AssetManagement Plan of DongxuOptoelectronic’s Private Placement|Other||2.52%|96,774,193||96,774,193||
|Dongxu Optoelectronic Technology Co.,Ltd-Phase 1 for Employee StockOwnership Plan|Other||1.89%|72,639,296||72,639,296||
|China Securities Finance Co., Ltd.|State-owned legalperson||1.64%|62,771,232||||
|Kunshan Development ZoneState-invested Holding Co., Ltd.|State-owned legalperson||1.15%|43,988,269||43,988,269||
|Bank of China－Huaxia New EconomicMixed Securities Investment Funds|Other||0.95%|36,608,098||||
|Shares held by the Top 10 Shareholders of Non-restricted shares||||||||
|||Number of the|||Share type|||
|Shareholders’ Names||||||||
|||non-restricted shares held|||Share type||Quantity|
|Shijiazhuang Baoshi Electronic Group Co., Ltd.||332,382,171|||RMB Common shares||332,382,171|
|China Securities Finance Co., Ltd.||62,771,232|||RMB Common shares||62,771,232|
|Bank of China－Huaxia New Economic MixedSecurities Investment Funds||36,608,098||||||
||||||RMB Common shares||36,608,098|
|National social security fund 407||27,923,842|||RMB Common shares||27,923,842|
|Central Huijin Investment Ltd.||24,205,500|||RMB Common shares||24,205,500|
|Wang Wenxue||15,300,592|||RMB Common shares||15,300,592|
|National social security fund 412||8,189,576|||RMB Common shares||8,189,576|
|China Mensheng Bank－Oriental Featured mixed OpenSecurities Investment Funds||7,000,000||||||
||||||RMB Common shares||7,000,000|
|Yinhua Funds－Agricultural Bank of China－YinhuaCSI Financial Asset management Plan||6,632,927||||||
||||||RMB Common shares||6,632,927|
|China Mensheng Bank－Yinhua Shenzhen 100 indexsecurities investment fund||6,462,257||||||
||||||RMB Common shares||6,462,257|
|||Shijiazhuang Baoshi Electronic Group Co., Ltd, the first 10 shareholders||||||
|Explanation on associated relationship or concerted||||||||
|||with unrestricted circulating shares and Dongxu Group Co., Ltd, Dongxu||||||
|action of the above shareholders||||||||
|||Optoelectronic Technology Co., Ltd., the first 10 shareholders-||||||

Dongxu Optoelectronic Technology Co., Ltd.The First Quarterly Report 2016
|||
|-|-|
||Association relationship existed in Employee Stock Ownership Plan Phase|
||1, constituting the relationship of persons acting in concert.|
||Wang wenxue, the first 10 ordinary shareholders with shares without|
||restricted condition, separately held 15,300,592 of the Company’s shares|
|Note to the top 10 common stockholders involved in||
||by means of the securities accounts with customer credit guarantee of|
|margin financing & securities lending (If any)||
||China Securities , which separately occupy 0.40% of the Company’s total|
||shares.|

Whether top ten common shareholders or top ten common shareholders with un-restrict shares held have a buy-back agreement dealing in reporting period.
□ Yes√ No
The top ten common shareholders or top ten common shareholders with un-restrict shares held of the Company have no buy–back agreement dealing in reporting period.
2.Total number of preferred shareholders and shareholding of top 10 preferred shareholders by the end of the report period
□ Applicable√Not applicable
Dongxu Optoelectronic Technology Co., Ltd.The First Quarterly Report 2016 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□ Not applicable
|||||||
|-|-|-|-|-|-|
|Financial index||This period(RMB)|Same period of lastyear(RMB)|Increase/decrease|Main reason for change|
||Consolidated Balance sheet index|||||
|Notes receivable||21,825,778.49|51,014,152.00|-57.22%|Mainly due to the due in payment of purchasemoney and endorsements increase|
|Prepayments||1,924,694,013.81|418,910,587.57|359.45%|Mainly due to the increase of the advancepayment for procurement because of thebusiness growth|
|Engineeringmaterial||3,401,983.66|38,214.99|8802.22%|Mainly due to the increase of the procurement ofproject goods and materials|
|Notes payable||547,569,238.30|410,594,929.94|33.36%|Mainly due to adopting the note payment for theprocurement|
|Advance payment||1,696,808.30|97,920,689.41|-98.27%|Mainly due to advances on sales by realizedsales in the current period|
|Advance receipts||161,989,524.74|539,796,113.78|-69.99%|Mainly due to the payment for the transfer of theequity held by Xufei and Xuxin originalshareholders|
||Consolidated income statement index|||||
|Business income||1,581,690,834.17|598,858,730.43|164.12%|Mainly due to the increase in business revenueas the intensified market development efforts|
|Business cost||1,052,404,374.82|387,008,712.20|171.93%|Mainly due to the increase in operating incomeresulted in the increase in operating costs|
|Business tax andsurcharge||15,952,780.71|6,655,407.72|139.70%|Mainly due to the increase in operating incomeled to the increase of the corresponding businesstax and surcharges|
|Sales expense||13,736,690.70|5,964,007.91|130.33%|Mainly due to the increase in operating incomeresulted in the increase in corresponding freightand miscellaneous charges, entertainmentexpenses and travel expenses and so on|
|Administrativeexpense||117,505,746.39|73,873,638.77|59.06%|Mainly due to the business expansion led to theincrease in staff wages, research fees etc.|

Dongxu Optoelectronic Technology Co., Ltd.The First Quarterly Report 2016 Asset impairment Mainly due to the increase in the quality of-92.63%
loss 406,342.06 5,512,801.36 assets
|||||||
|-|-|-|-|-|-|
|Non-operationalincome||95,857,790.53|146,612,477.61|-34.62%|Mainly for the time delay of government subsidy|
|Income taxexpenses||60,750,772.80|41,500,719.51|46.38%|Mainly due to the business expansion resulted inthe increase in profits|
||Consolidated Cash flow statement index|||||
|Net Cash flowgenerated bybusiness operation||-934,819,444.05|-58,734,373.46|-1491.61%|Mainly due to the business growth and theincrease in procurement led to the increase ofcash payment for the purchase of goods andreceiving service|
|Net cash flowgenerated byinvestment||-465,514,552.86|-140,475,266.25|-231.39%|Mainly due to the payment for the transfer of theequity held by Xufei and Xuxin originalshareholders|
|Net cash flowgenerated byfinancing||-424,474,217.67|772,255,350.24|-154.97%|Mainly due to the increase of repaying theprincipal and paying the interests, and thereduction of financing amount|

II. The progress of significant events and influence, as well as the analysis and explanation on resolving proposal.
√Applicable□Not applicable
Examined an approved in the
18th
board meeting of the seventh board of directors, the
20th
meeting of the seventh board of supervisors and 2016 first extraordinary general shareholder meeting convened by the company, the company planned the non-public share-issuing for raising funds to invest and build the third 8.5-generation production line of the TFT-LCD glass substrate project in Fuqing City, Fujian Province. Currently, the project has been submitted to the China Securities Regulatory Commission (hereinafter referred to as "CSRC”) for deliberation and the company has received the Notice of Feedback Opinions on the Review of the Project needed Administrative Licensing from CSRC (No. 160620).
||||
|-|-|-|
|||Description of the website for disclosing|
|Overview of material matters|Date of disclosing||
|||provisional announcements|
|The Announcement on Receiving the Noticeof Feedback Opinions on the Review of theProject needed Administrative Licensingfrom CSRC|||
|||China Securities Journal , Securities Times, Shanghai|
||April 21,2016|Securities News ,Hong Kong Commercial Daily and|
|||www.cninfo.com.cn. Announcement No.2016-046|
|The Reply to the feedback opinions on theapplication files for non-public share-issuing||China Securities Journal , Securities Times, Shanghai|
||April 26,2016|Securities News ,Hong Kong Commercial Daily and|
|||www.cninfo.com.cn. Announcement No.2016-050|

Dongxu Optoelectronic Technology Co., Ltd.The First Quarterly Report 2016 III. Commitments finished in implementation by the Company, shareholders, actual controller, acquirer, directors, supervisors, senior executives or other related parties in the reporting period and commitments unfinished in implementation at the end of the reporting period
√Applicable□Not applicable
||||||||
|-|-|-|-|-|-|-|
|||||Time of|||
||||||Period of||
||Commitment|||making||Fulfillmen|
|Commitment||Type|Contents||commitme||
||maker|||commitme||t|
||||||nt||
|||||nt|||
||||If listed companies plans to sell tradable stocks||||
||||through the bid trading system of Shenzhen Stock||||
||||Exchange and sell greater than 5% of shares||||
|||Share|within six months after the first sales, will||||
||Shijiazhuang|||||Under|
|Commitment on||reduction|disclose the contents specified by the Form Guide|March 29,|Long-term||
||Baoshi Electronics|||||Fulfillmen|
|share reform||commitme|to Prompt Announcement of Removing|2007|effective||
||Group Co., Ltd|||||t|
|||nt|Restriction on Sales of Non-tradable Stocks of||||
||||Listed Companies through the prompt||||
||||announcement of disclosing sales of listed||||
||||companies.||||
|Commitment in|||||||
|the acquisition|||||||
|report or the|||||||
|report on equity|||||||
|changes|||||||
|Commitment|||||||
|made upon the|||||||
|assets|||||||
|replacement|||||||
||||1.From the date of commitment letter issued,||||
||||except the managed hosting company for||||
||||Dongxue Optoelectronic , this company and||||
|||Commitm|||||
||||majority-owned subsidiaries do not in any way,||||
|||ents on|||||
||||directly or indirectly engaged in business and||||
|||horizontal|||||
|Commitments|||Dongxue Optoelectronic and its subsidiaries are|||Under|
|||competitio||December|Long-term||
|made upon|Li Zhaoting||the same, or similar, future Dongxue|||Fulfillmen|
|||n, related||22, 2011|effective||
|issuance|||Optoelectronic shares and its subsidiaries are not|||t|
|||transaction|||||
||||engaged in the same or similar businesses.||||
|||and capital|||||
||||2.The company assurances against the use of||||
|||occupation|||||
||||precious stones share any act prejudicial to the||||
||||control relationship of Dongxu Optoelectronic||||
||||interests and its wholly-owned subsidiaries,||||

Dongxu Optoelectronic Technology Co., Ltd.The First Quarterly Report 2016
|||||||
|-|-|-|-|-|-|
|||holding, or causing Dongxue Optoelectronic||||
|||shares and its wholly-owned subsidiaries, holding||||
|||form business competition decisions. 3. The||||
|||company will not directly invest, purchase and||||
|||Dongxu Optoelectronic identical or similar||||
|||business enterprises and projects.||||
|||4.If the assets owned by the Dongxu||||
|||Optoelectronic . compete with , the company will||||
|||adopt effective measures and give up the same||||
|||business.5. If the reason of the oneself is the||||
|||cause of horizontal competition with Baoshi||||
|||Stock and resulted in losses to Baoshi Stock,||||
|||the oneself will bear the relevant full||||
|||responsibilities.6. Under the circumstance with||||
|||in accordance with securities regulatory||||
|||conditions, the oneself promised that all the||||
|||stake that entrusted to the escrow company||||
|||managed by Baoshi Stock will be injected into||||
|||Baoshi Stock. As long as the oneself is the||||
|||actual controller of Baoshi Stock, the||||
|||commitment is valid.||||
|||1.From the date of commitment letter issued,||||
|||except the managed hosting company for||||
|||Dongxue Optoelectronic , this company and||||
|||majority-owned subsidiaries do not in any way,||||
|||directly or indirectly engaged in business and||||
|||Dongxue Optoelectronic and its subsidiaries are||||
|||the same, or similar, future Dongxue||||
|||Optoelectronic shares and its subsidiaries are not||||
||Commitm|||||
|Dongxu Group,||engaged in the same or similar businesses.||||
||ents on|||||
|Dongxu||2.The company assurances against the use of||||
||horizontal|||||
|Optoelectronic||precious stones share any act prejudicial to the|||Under|
||competitio||April|Long-term||
|Investment Co.,||control relationship of Dongxu Optoelectronic|||Fulfillmen|
||n, related||1,2012|effective||
|Ltd., Shijiazhuang||interests and its wholly-owned subsidiaries,|||t|
||transaction|||||
|Baoshi Electronics||holding, or causing Dongxue Optoelectronic||||
||and capital|||||
|Group Co., Ltd||shares and its wholly-owned subsidiaries, holding||||
||occupation|||||
|||form business competition decisions. 3. The||||
|||company will not directly invest, purchase and||||
|||Dongxu Optoelectronic identical or similar||||
|||business enterprises and projects.||||
|||4.If the assets owned by the Dongxu||||
|||Optoelectronic . compete with , the company will||||
|||adopt effective measures and give up the same||||
|||business. 5. If the company has horizontal||||

Dongxu Optoelectronic Technology Co., Ltd.The First Quarterly Report 2016
|||||||
|-|-|-|-|-|-|
|||competition with Dongxu Optoelectronic and lead||||
|||to lose to it, the company will bear all the||||
|||responsibilities.6. Before December 31, 2015, by||||
|||way of designated placement, the company will||||
|||transfer all the shares that Dongxu Optoelectronic||||
|||Investment, entrusted to Zhengzhou Xufei||||
|||company and all the shares that are entrusted to||||
|||Baoshi Group, to Dongxu Optoelectronics; Before||||
|||December 31, 2016, by way of designated||||
|||placement, the company will transfer all the||||
|||shares that Dongxu Group entrusted to Dongxu||||
|||Yingkou and Sichuan Xuhong to Dongxu||||
|||Optoelectronics. Within the time limit mentioned||||
|||above, if there were the external factors such as a||||
|||depression of industry as a whole, or the changes||||
|||in regulatory requirements, which lead to the||||
|||result that the shares of hosting company can not||||
|||meet the requirements of capital investment, Li||||
|||Zhaoting, the actual controller, Dongxu||||
|||Optoelectronic Investment , Dongxu Group and||||
|||Baoshi Group as well as the company will||||
|||actively negotiate with related parties, continue to||||
|||entrust the above mentioned shares and the power||||
|||of management to Dongxu Optoelectronics.||||
|||Within the period when the company is still the||||
|||controlling shareholder of Dongxu||||
|||Optoelectronics, the commitments are in effect.||||
|||To avoid the horizontal competition with the||||
|||issuer, the company’s actual controller-Zhaoting,||||
|||Li and the holding company-Dongxu group||||
|||promised: 1. As of this declaration and from the||||
|||date of commitment letter issued, except the||||
||Commitm|||||
|||managed hosting companies, the other companies||||
||ents on|||||
|||directly or indirectly controlled by the controller||||
||horizontal|||||
|||or holding company have no horizontal|||Under|
|Li Zhaoting;|competitio||December|Long-term||
|||competitions with Dongxu Optoelectronic|||Fulfillmen|
|Dongxu Group|n, related||16,2015|effective||
|||Technology Co., Ltd. 2. Any other companies|||t|
||transaction|||||
|||controlled by the actual controller or holding||||
||and capital|||||
|||company shall avoid businesses identical or||||
||occupation|||||
|||similar to the company may lead to a competitive||||
|||relation and cannot do any harm activities to||||
|||Dongxu Optoelectronic Technology Co., Ltd and||||
|||companies controlled by Dongxu Optoelectronic||||
|||Technology Co., Ltd as long as there are no||||

Dongxu Optoelectronic Technology Co., Ltd.The First Quarterly Report 2016
|||||||
|-|-|-|-|-|-|
|||alterations of the actual controller and the holding||||
|||company. Any businesses opportunities under the||||
|||main business scope of Dongxu Optoelectronic||||
|||Technology Co., Ltd and its controlled companies||||
|||shall not take by the companies controlled by the||||
|||actual controller or the holding company, and the||||
|||business opportunities shall be given to Dongxu||||
|||Optoelectronic Technology Co., Ltd and its||||
|||controlled companies.3. As long as the actual||||
|||controller and the holding company are the same,||||
|||the actual controller and the holding company||||
|||shall continue to strictly performance the relevant||||
|||declarations and commitments of avoiding||||
|||horizontal competition.||||
||||||As of the|
||||||date of|
||Share|Dongxu Group Co., Ltd. subscribed for 25.01%||||
||||||disclosure|
||limited|of the shares privately issued by the Company and|April|April||
|Dongxu Group|||||of the|
||commitme|promised that the period of sale restriction of such|18,2013|18,2016||
||||||report has|
||nt|shares was 36 months from the first day of listing.||||
||||||been|
||||||completed|
|Guangzhou||||||
|Securities Co.,||||||
|Ltd., Huaan||It was promised that after Dongxu Optoelectronic||||
|Future Asset||Technology Co., Ltd completed the non public||||
|Management|Share|issuance of shares to the company and specific||||
||||||Under|
|(Shanghai) Co.,|limited|objects for raising funds, the new shares|December|December||
||||||Fulfillmen|
|Ltd.;Minsheng|commitme|subscribed by the company shall not be|16,2015|16,2016||
||||||t|
|Bank Fund|nt|transferred to any others in 12 months||||
|Management Co.,||commenced from the publicly listed date of the||||
|Ltd.; Boshi Assets||new shares||||
|Management Co.,||||||
|Ltd.||||||
|Dongxu||The company, one of the subscription objects,||||
|Group;Changjiang||promised that after Dongxu Optoelectronic||||
|Securities||Technology Co., Ltd completed the non public||||
|(Shanghai )Asset||issuance of shares to the company and specific||||
||||||Under|
|Management Co.,||objects for raising funds, the shares (New shares)|December|December||
||||||Fulfillmen|
|Ltd.;Kunshan||issued by Dongxu Optoelectronic Technology|16,2015|16,2018||
||||||t|
|Development||Co., Ltd and subscribed by the company shall not||||
|Zone State||be transferred to any others in 36 months||||
|Investment Co.,||commenced from the publicly listed date of the||||
|Ltd.;Beijing||new shares.||||

Dongxu Optoelectronic Technology Co., Ltd.The First Quarterly Report 2016
|||||||
|-|-|-|-|-|-|
|Yingfei Hailin||||||
|Investment Center||||||
|(Limited||||||
|partnership).||||||
|||In view of:The main business of Dongxu||||
|||Optoelectronic is the production of TFT-LCD||||
|||glass substrate, and the company now is applying||||
|||for non-public offering of ,bonds (2) Dongxu||||
|||Group is the controlling shareholder of Dongxu||||
|||Optoelectronic; and during the period of holding,||||
|||Dongxu Group has signed patent license contracts||||
|||separately with Dongxu Optoelectronic and its||||
|||subsidiaries including Wuhu Dongxu||||
|||Optoelectronic Science and Technology Co., Ltd.||||
|||(hereinafter referred to as Wuhu Optoelectronic),||||
|||Wuhu Dongxu Optoelectronic Equipment||||
|||Technology Co., Ltd. (hereinafter referred to as||||
|||Wuhu Equipment) and Shijiazhuang Dongxu||||
|||Optoelectronic Equipment Technology Co., Ltd.||||
|||(hereinafter referred to as Shijiazhuang||||
|||Equipment). For this purpose, Dongxu Group has||||
||Other|made following promises: Any patents related to||Valid for 5|Under|
||||February|||
|Dongxu Gruop|Commitm|panel display glass substrate not included in the||years|Fulfillmen|
||||8,2015|||
||ent|aforesaid Contract on the Licensing of Patent|||t|
|||Exploitation obtained by Dongxu group in the||||
|||future, Dongxu group shall sign a free contract of||||
|||licensing the new pertinent patents with the||||
|||company and the company’s subsidiaries (Wuhu||||
|||Optoelectronic Technology Co.,Ltd, Wuhu||||
|||Equipment Company and Shijiazhuang||||
|||Equipment Company) with the same articles of||||
|||the former patent licensing contract. After the||||
|||company successfully completed the issuance of||||
|||corporate bonds, whether Dongxu group control||||
|||the company during the duration of the bonds,||||
|||Dongxu group shall renew the patent licensing||||
|||contract unreserved with the company and the||||
|||company’s subsidiaries (Wuhu Optoelectronic||||
|||Technology Co.,Ltd, Wuhu Equipment Company||||
|||and Shijiazhuang Equipment Company) under the||||
|||company’s requirement until the bonds expired.||||
|||In view of:||||
||Other||June|Long-term|Under|
|Dongxu Gruop||The main business of Dongxu Optoelectronic is||||
||Commitm||17,2015|effective|Fulfillmen|
|||the production of TFT-LCD glass substrate, and||||

Dongxu Optoelectronic Technology Co., Ltd.The First Quarterly Report 2016
|||||||
|-|-|-|-|-|-|
||ent|the company now is applying for non-public|||t|
|||offering of stock; (2) Dongxu Group is the||||
|||controlling shareholder of Dongxu||||
|||Optoelectronic; and during the period of holding,||||
|||Dongxu Group has signed patent license contracts||||
|||separately with Dongxu Optoelectronic and its||||
|||subsidiaries including Wuhu Dongxu||||
|||Optoelectronic Science and Technology Co., Ltd.||||
|||(hereinafter referred to as Wuhu Optoelectronic),||||
|||Wuhu Dongxu Optoelectronic Equipment||||
|||Technology Co., Ltd. (hereinafter referred to as||||
|||Wuhu Equipment) and Shijiazhuang Dongxu||||
|||Optoelectronic Equipment Technology Co., Ltd.||||
|||(hereinafter referred to as Shijiazhuang||||
|||Equipment). For this purpose, Dongxu Group has||||
|||made following promises: within the term of||||
|||validity involving patent right stated in patent||||
|||license contracts, whether Dongxu Optoelectronic||||
|||is in the control of Dongxu Group or not, Dongxu||||
|||Group promises that when the above mentioned||||
|||patent license contracts expire, the group will||||
|||unconditionally renew the contracts with Dongxu||||
|||Optoelectronic and its subsidiaries (Wuhu||||
|||Optoelectronic, Wuhu Equipment, Shijiazhuang||||
|||Equipment and etc) according to the terms of||||
|||original contracts based on the requirements of||||
|||Dongxu Optoelectronic.||||
|||(a) Promised that not freely or unfairly transfer||||
|||interests to other units or individuals, nor adopt||||
|||other ways to jeopardize the company’s interests.||||
|||(b) Promised that restrict the post consumer||||
|Li Zhaoting,||||||
|||behaviors of the directors and senior management||||
|Gongxin, Zhou||||||
|||personnel. (c) Promised that not use the||||
|Bo, Niu Jianlin,||||||
|||company's assets to engage in the investment||||
|Lu Guihua, Mu||||||
||Other|&consuming activities which are irrelevant to|||Under|
|Tiehu, Zhang|||February|Long-term||
||Commitm|perform the duties. (d) Promised that the salary|||Fulfillmen|
|Shuangcai, Shi|||6,2016|effective||
||ent|system set up by the board of directors or the|||t|
|Zhiqiang , Xiao||||||
|||Remuneration Committee is relevant to the||||
|Zhaoxiong, Liu||||||
|||implementation status of the company’s fill-up||||
|Wentai and Zhou||||||
|||return measures. (e) Promised that the vesting||||
|Bo||||||
|||conditions of the company’s equity incentive are||||
|||relevant to the implementation status of the||||
|||company’s fill-up return measures. (f) Promised||||
|||the full implementation of the relevant fill-up||||

Dongxu Optoelectronic Technology Co., Ltd.The First Quarterly Report 2016
||||||||
|-|-|-|-|-|-|-|
||||return measures established by the company and||||
||||any commitment related to the fill-up return||||
||||measures, if such commitment is breached and||||
||||resulted in losses to the company or the investors,||||
||||the concerning party shall take the responsibility||||
||||for compensating the company or the investors||||
||||according to the law. As one of the relevant||||
||||responsibility bodies of the fill-up return||||
||||measures, if the oneself breaches the above-said||||
||||commitments or refuse to fulfill the above-said||||
||||commitments, the oneself agrees the punishments||||
||||or relevant supervise measures carried out in||||
||||accordance with the regulations and rules issued||||
||||or enacted by CSRC, Shenzhen Stock Exchange||||
||||and other securities regulatory organizations.||||
||||Not act in excess of authority to interfere the||||
|||Other||||Under|
||Dongxu Group, Li||company’s management and operating|February|Long-term||
|||Commitm||||Fulfillmen|
||Zhaoting||activities, not encroach on the interests of the|6,2016|effective||
|||ent||||t|
||||company.||||
||||In view of: Dongxu Optoelectronic Technology||||
||||Co., Ltd. is applying for public offering of||||
||||corporate bonds, and the total scale of bonds will||||
||||not exceed 1 billion yuan. After the deduction of||||
||||issue expenses, all the funds raised are planed to||||
||||be used to supplement the liquidity and support||||
||||the R&D, production and material purchase of||||
||||glass substrate and the equipment. Thus, the||||
|||To raise|demands of business operation and expansion in||||
||Dongxu||||||
|||funds to|the company will be satisfied. The company||Valid for 5|Under|
||Optoelectronic|||February|||
|||use the|promises: 1. The funds raised through the public||years|Fulfillmen|
||Technology Co.,|||10,2015|||
|||commitme|offering of corporate bonds will not be directly or|||t|
||Ltd.||||||
|||nt|indirectly invested in real estate development||||
||||business, or used to increase the capital fund or as||||
||||loans in subsidiaries engaged in real estate||||
||||business; 2. the funds raised through the public||||
||||offering of corporate bonds will not be used for||||
||||real estate development business in any form. The||||
||||term of validity of the promises is consistent with||||
||||the duration of the corporate bonds issued in the||||
||||company this time.||||
|Equity incentive|||||||
|commitment|||||||
|Other|Dongxu Group|Share|The holding company-Dongxu group and its|July|April 11,|As of the|

Dongxu Optoelectronic Technology Co., Ltd.The First Quarterly Report 2016
||||||||
|-|-|-|-|-|-|-|
|commitments||holdings|controlled subsidiaries have planned to buy the|11,2015|2016|date of|
|made to||commitme|company’s shares in the transaction market (i.e|||disclosure|
|minority||nt|secondary market) via Trading System of the|||of the|
|shareholders|||Shenzhen Stock Exchange with the total amount|||report has|
||||no more than RMB 100 million in six months|||been|
||||commenced from the date of the announcement|||completed|
||||(Jul 11, 2015). Dongxu group promised that it|||.|
||||will not reduce its stake in six months||||
||||subsequently. In light of Dongxu Optoelectronic||||
||||Technology Co., Ltd planned to release its 2015||||
||||annual report on Feb 6, 2016, and the impact of||||
||||the window period for regular reports, the||||
||||company’s controlling shareholder plans to||||
||||extend three months for the plan of buying shares,||||
||||beyond that, any other commitments unchanged.||||
||||Jixing New Material Investment (HK) Co., Ltd.||||
||||and Lubao, Wang (The legal representative of the||||
||||company (HK)) jointly promised that the net||||
|||Performan|profits after tax attributable to Jixing New||||
|||ce|Material Investment Co., Ltd in year 2015, year||||
||Wang Lubao,||||||
|||commitme|2016, year 2017 shall accordingly be not less than||||
||Jixing New|||||Under|
|||nt and|RMB30 million, RMB60 million, RMB 100|January|December||
||Material|||||Fulfillmen|
|||compensat|million. If the net profits attributable to Jixing|20,2015|31,2018||
||Investment (HK)|||||t|
|||ion|New Material Investment Co., Ltd after audited in||||
||Co., Ltd.||||||
|||arrangeme|any year of year 2015, year 2016 and year 2017||||
|||nts|are less than the promised net profits, the||||
||||difference shall be compensated by Jixing New||||
||||Material Investment (HK) Co., Ltd. and Lubao,||||
||||Wang in cash.||||
||||To ensure Dongxu Optoelectronic Technology||||
||||Co., Ltd realizing expected benefits on the M&A||||
||||of Shanghai Tanyuan Huigu New Materials||||
||||Technology Co., Ltd, the promisee voluntarily||||
|||Performan|||||
||||promised the profits of Shanghai Tanyuan Huigu||||
|||ce|||||
||Guo Shouwu, Ma||New Materials Technology Co., Ltd for the next||||
|||commitme|||||
||Shengjie, Wu||three years as follows: (a) Business performance|||Under|
|||nt and||March|December||
||Haixia , Shen||commitment: the net profits of Shanghai Tanyuan|||Fulfillmen|
|||compensat||8,2016|31,2018||
||Wenzhuo and||Huigu New Materials Technology Co., Ltd in|||t|
|||ion|||||
||Shenli||year-2016, year-2017, year-2018 shall||||
|||arrangeme|||||
||||accordingly not be less than RMB 5 million,||||
|||nts|||||
||||RMB 10 million, RMB 20 million. (b)||||
||||Compensation mode: if the net profits of||||
||||Shanghai Tanyuan Huigu New Materials||||
||||Technology Co., Ltd in year-2016, year-2017,||||

Dongxu Optoelectronic Technology Co., Ltd.The First Quarterly Report 2016
||||
|-|-|-|
|||year-2018 accordingly do not reach the promised|
|||net profits, the promised party shall fully|
|||compensate the difference by cash.|
|Executed timely|||
||Yes||
|or not?|||

IV．Prediction of Business performance for January- June 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 Securities investments
□ Applicable√ Not applicable
No such cases in the Reporting Period
VI. Investment in derivatives
□ Applicable√Not applicable
No such cases in the Reporting Period
VII. Registration form of such Activities as Reception, Research, Communication, Interview in the Reporting Period
√Applicable□Not applicable
|||||
|-|-|-|-|
|Reception time|Way of reception|Types of visitors|Basic index|
||||Juchao website(www.cninfo.com.cn) :|
|February 18,2016|By Phone|Organization||
||||Investor relations information|
||||Juchao website(www.cninfo.com.cn):|
|March 10,2016|Field research|Organization||
||||Investor relations information|
|January 1, 2016 -March 31,2016|By Phone|Individual|None|

VIII. External guarantee get out of line
□ Applicable√Not applicable
The Company has no external guarantee get out of the line in the Period
IX. Controlling shareholder and its related parties occupying non-business capital of the listed company
□ Applicable√Not applicable
Dongxu Optoelectronic Technology Co., Ltd.The First Quarterly Report 2016 There are no controlling shareholder and its related parties occupying non-business capital of the listed company in Period
Dongxu Optoelectronic Technology Co., Ltd.
Board Chairman: Li Zhaoting
Issue day approved by the Board ofDirectors：April 28,2016