Tunghsu Optoelectronic Technology Co., Ltd. The First Quarterly Report 2018
Tunghsu Optoelectronic Technology Co., Ltd.
The First Quarterly Report 2018
April 2018
Tunghsu Optoelectronic Technology Co., Ltd. The First Quarterly Report 2018
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.Huang Jinliang, Chief financial officer and the Mr.Gao Feipeng, 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
II. Basic information about the company
I. Main financial data and financial index
Indicate by tick mark whether the Company needs to retroactively restate any of its accounting data.
□Yes√No
|||||
|-|-|-|-|
||||Changes of this period over|
||This period|Same period of last year||
||||same period of last year|
|Operating income（Yuan）|4,665,751,599.66|2,258,246,760.26|106.61%|
|Net profit attributable to the shareholders|424,438,428.17|||
|||387,022,905.51|9.67%|
|of the listed company（Yuan）||||
|Net profit after deducting of non-recurring||||
|gain/loss attributable to the shareholders of|391,216,324.81|352,582,887.68|10.94%|
|listed company（Yuan）||||
|Cash flow generated by business operation,|-1,127,140,487.84|||
|||-631,749,226.89|78.42%|
|net（Yuan）||||
|Basic earning per share(Yuan/Share)|0.07|0.08|-12.50%|
|Diluted gains per share(Yuan/Share)|0.07|0.08|-12.50%|
|Weighted average return on equity（%）|1.36%|1.65%|-0.29%|
||||Changes of this period-end|
||End of this period|End of last period|over same period-end of last|
||||year|
|Gross assets（Yuan）|68,797,790,162.38|67,683,329,226.91|1.65%|
|Net assets attributable to the shareholders|31,347,238,217.51|||
|||30,922,796,455.46|1.37%|
|of the listed company（Yuan）||||

Items and amount of non-current gains and losses
Tunghsu Optoelectronic Technology Co., Ltd. The First Quarterly Report 2018
√ Applicable□ Not applicable
In RMB
||||
|-|-|-|
||Amount (Year-beginning to the end||
|Items||Notes|
||of the report period.)||
|Non-current asset disposal gain/loss(including the write-off part|||
||-66,422.43||
|for which assets impairment provision is made)|||
|Govemment subsidy recognized in current gain and|||
|loss(excluding those closely related to the Company’s business|24,134,382.69||
|and granted under the state’s policies)|||
|Gain/loss on entrusting others with investment or asset|||
||13,923,452.07||
|management|||
|Income from custodian charge obtained from entrusted operation|353,773.59||
|Other non-operating income and expenditure beside for the above|||
||-392,760.69||
|items|||
|Less: Influenced amount of income tax|5,102,168.74||
|Amount of influence of minority interests（After tax）|-371,846.87||
|Total|33,222,103.36|--|

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.
Tunghsu Optoelectronic Technology Co., Ltd. The First Quarterly Report 2018
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
|||||||||||
|-|-|-|-|-|-|-|-|-|-|
||361,666(including|||||||||
|||||Total preference shareholders with the||||||
|Total number of common|344,320shareholders holding A|||||||||
|||||voting power recovered at the end of the||||0||
|shareholders at the period-end|shares and 17,346 shareholders|||||||||
|||||reporting period(if any)||||||
||holding B shares）|||||||||
|Shares held by the top 10 shareholders||||||||||
|||||||Amount of|Pledging or freezing|||
|||Properties of|Share|||tradable shares||||
|Shareholder name|||||Quantity||Status of the|||
|||shareholder|proportion %|||with Conditional|||Quantity|
||||||||shares|||
|||||||held||||
|Tunghsu Group Co., Ltd.||Domestic Non-State-ownedlegal person|15.97%||915,064,091|791,889,488||||
||||||||Pledge||799,643,042|
|Shijiazhuang Baoshi ElectronicGroup Co., Ltd.||Domestic Non-State-ownedlegal person|5.80%||332,382,171|||||
||||||||Pledge||153,520,000|
|Shanghai Huimao EnterpriseManagement Co., Ltd.||Domestic Non-State-ownedlegal person|4.58%||262,626,262|262,626,262||||
||||||||Pledge||80,240,722|
|China Fund Management Co.,Ltd.－Huaxia Bank－TTCOTrust Co., Ltd.－TTCO TrustCo., Ltd.－Shunjing No.5Single capital trust||Other|2.54%||145,759,116|||||
|Ping An Securities Co., Ltd.||Domestic Non-State-ownedlegal person|2.16%||123,975,516|||||
|Minsheng Royal FundManagement Co., Ltd－-PingAn Bank-Daye Trust·Zengli 2single Fund Trust||Other|1.70%||97,192,224|97,192,224||||
|Tunghsu OptoelectronicTechnology Co., Ltd.－The firstESOP||Other|1.27%||72,639,296|72,639,296||||
|Beixin Ruifeng Fund－ChinaMerchants Bank－Daye Trust－Daye Trust·Profit increase 3single fund plan||Other|1.08%||62,095,032|62,095,032||||

Tunghsu Optoelectronic Technology Co., Ltd. The First Quarterly Report 2018
||||||||||
|-|-|-|-|-|-|-|-|-|
|Shenzhen Taianer InformationTechnology Co., Ltd.|Domestic Non-State-ownedlegal person|1.07%||61,165,682|||||
|||||||Pledge||61,165,682|
|Wanhe Secutities－ChinaMerchants Bank－WanheSecurities Haihe No.1 EnsembleAsset Management Plan|Other|0.96%||55,246,500|||||
|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 Fund Management Co., Ltd.－Huaxia Bank－TTCO Trust Co., Ltd.－TTCO Trust Co., Ltd.－ShunjingNo.5 Single capital trust|||145,759,116||||||
||||||RMB Common shares||145,759,116||
|Ping An Securities Co., Ltd.|||123,975,516||RMB Common shares||123,975,516||
|Tunghsu Group Co., Ltd.|||123,174,603||RMB Common shares||123,174,603||
|Shenzhen Taianer Information Technology Co., Ltd.|||61,165,682||RMB Common shares||61,165,682||
|Wanhe Securities－China Merchants Bank－WanheSecurities and No.1 Collective asset management plan|||55,246,500||||||
||||||RMB Common shares||55,246,500||
|Nuoan Fund－Xingye Securities－Nanjing ShuanganAssets Management Co., Ltd.|||55,246,487||||||
||||||RMB Common shares||55,246,487||
|Zhonghai Trust Co., Ltd.－Zhonghai Trust－TunghsuOptoelectronic Employees' Shareholding PlanCollecting Fund Trust|||52,555,280||||||
||||||RMB Common shares||52,555,280||
|China Life AMP Asset Management Co., Ltd.－BohaiBank－Minsheng Trust－China MinshengTrust·Zhicheng 192 Tunghsu Optoelectronic Private Placement Co., Ltd. Trust Plan|||48,619,336||||||
||||||RMB Common shares||48,619,336||
|Minsheng Royal Fund Management Co., Ltd.-Ping AnBank-Ping An Trust-Ping An Wealth* Huitai No.163Single Fund Trust|||47,492,649||||||
||||||RMB Common shares||47,492,649||
||||Among the shareholders , Tunghsu Group and Baoshi Group have||||||
||||relationship and constitute persons taking concerted action. The||||||
|Explanation on shareholders participating in the margin|||company does not know whether there is relationship between other||||||
|trading business|||shareholders or whether they are persons taking concerted action defined||||||
||||in Administrative Measures Relating to Acquisitions of Listed||||||
||||Companies.||||||
|Participation of top 10 unconditional common share|||||||||
||||Not applicable||||||
|shareholders in securities margin trading (if any)|||||||||

Whether top ten common shareholders or top ten common shareholders with un-restrict shares held have a
Tunghsu Optoelectronic Technology Co., Ltd. The First Quarterly Report 2018
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
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（Yuan）|End of last year(Yuan)|Increase/decrease|Main reason for change|
||3,049,617,087.31|2,020,261,446.90|50.95%|Mainly due to the increase in stocking for thecurrent period|
|Prepayments|||||
||74,589,209.00|49,456,785.29|50.82%|Mainly due to the increase in interest on fixeddeposits of financial companies that have notyet reached their interest rates|
|Interest|||||
|receivable|||||
|Other current|1,255,274,789.65|2,485,890,689.74|-49.50%|Mainly due to redemption of wealthmanagement funds during the period|
|assets|||||
|Employees’|136,459,148.88|207,448,043.86|-34.22%|Mainly due to payment of employeecompensation|
|wage payable|||||
||174,873,853.51|106,119,769.42|64.79%|Mainly due to the accrual of interest onmedium-term notes and corporate bonds, notyet due to interest payments|
|Interest payable|||||
|||Same period of last|||
|Financial index|This period（Yuan）||Increase/decrease|Main reason for change|
|||year（Yuan）|||
|Business income|4,665,751,599.66|2,258,246,760.26|106.61%|Mainly due to business growth|
||3,701,043,731.71|1,549,342,252.05|138.88%|Mainly due to the increase in operating costscaused by the increase in operating costs|
|Business cost|||||
|Sales|54,191,909.17|19,972,538.52|171.33%|Mainly due to business growth|
|expense|||||
|Administrative|180,127,732.95|109,001,741.46|65.25%|Mainly due to business growth|
|expense|||||

Tunghsu Optoelectronic Technology Co., Ltd. The First Quarterly Report 2018
II. The progress of significant events and influence, as well as the analysis and explanation on resolving proposal.
□Applicable√Not applicable
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
The company has no commitments completed in period and those without completed till lend of the period from actual controller, shareholders, related parties, purchaser and companies.
IV．Prediction of Business performance for January- June 2018
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. Investment in securities
□ Applicable√ Not applicable
No securities investment in period.
VI. Investments in derivatives
□ Applicable√ Not applicable
There is no derivative investment during the report period.
VII. The registration form of acceptance of investigation, communication and interview in the report period for future reference
□ Applicable√ Not applicable
The Period has no research, communication and written inquiry from the investors in the report period.
VIII. External guarantee get out of line
□ Applicable√Not applicable
The Company has no external guarantee get out of the line in the Period
Tunghsu Optoelectronic Technology Co., Ltd. The First Quarterly Report 2018
IX. Controlling shareholder and its related parties occupying non-business capital of the listed company□ Applicable√Not applicable
There are no controlling shareholder and its related parties occupying non-business capital of the listed company in Period
Tunghsu Optoelectronic Technology Co., Ltd. The First Quarterly Report 2018
IV. Financial Statement
I. Financial statement
1. Consolidated balance sheet
Preparedby：Tunghsu Optoelectronic Technology Co., Ltd.
March 31,2018
In RMB
||||
|-|-|-|
|Items|At the end of term|Beginning of term|
|Current asset：|||
|Cash and bank balances|26,853,831,093.47|27,371,178,417.85|
|Settlement provision|||
|Outgoing call loan|||
|Financial assets at fair value through|||
|profit or loss|||
|Derivative financial assets|||
|Notes receivable|620,777,520.39|538,128,584.84|
|Account receivable|9,741,127,833.79|7,912,616,302.75|
|Advance payments|3,049,617,087.31|2,020,261,446.90|
|Insurance receivable|||
|Reinsurance receivable|||
|Provisions of Reinsurance contracts|||
|receivable|||
|Interest receivable|74,589,209.00|49,456,785.29|
|Dividend receivable|||
|Other account receivable|1,294,474,087.16|1,044,888,336.32|
|Securities purchased under agreements|||
|to resell|||
|Inventories|4,452,380,928.16|4,890,519,146.03|
|Held-for-sale assets|182,004,435.58|213,034,435.58|
|Current portion of non-current assets|||
|Other current asset|1,255,274,789.65|2,485,890,689.74|
|Total of current assets|47,524,076,984.51|46,525,974,145.30|
|Non-current assets：|||

Tunghsu Optoelectronic Technology Co., Ltd. The First Quarterly Report 2018
||||
|-|-|-|
|Loans and advances|||
|Available-for-sale financial assets|112,100,056.00|100,000,056.00|
|Held-to-maturity investments|||
|Long-term receivable|142,897,616.66|143,988,866.91|
|Long term share equity investment|2,140,525,030.19|2,130,640,158.90|
|Property investment|57,922,288.46|58,229,439.86|
|Fixed assets|10,861,784,326.88|11,091,555,183.08|
|Construction in progress|3,423,127,872.34|3,253,114,879.80|
|Engineering material|||
|Fixed assets pending for disposal|||
|Productive biological assets|||
|Gas & petrol|||
|Intangible assets|996,942,451.53|976,481,259.03|
|Research and Development|||
||18,918,168.61|15,397,704.97|
|Expenditures|||
|Goodwill|2,728,154,973.65|2,587,678,140.99|
|Long-term prepaid expenses|25,830,090.01|26,538,304.02|
|Deferred income tax|466,297,448.57|469,313,252.72|
|Other non-current asset|299,212,854.97|304,417,835.33|
|Total of non-current assets|21,273,713,177.87|21,157,355,081.61|
|Total of assets|68,797,790,162.38|67,683,329,226.91|
|Current liabilities|||
|Short-term bank loan facilities|6,296,534,557.77|5,712,826,382.20|
|Borrowings from central bank|||
|Deposits and placements from other|||
|financial institutions|||
|Placement from banks and other|||
|financial institution|||
|Financial liabilities at fair value through|||
|profit and loss|||
|Derivative financial liabilities|||
|Notes payable|1,311,918,356.77|1,063,897,679.89|
|Account payable|4,419,998,716.38|4,602,026,192.66|
|Advances from customers|2,049,847,993.47|1,655,128,026.63|
|Securities sold under agreement to|||

Tunghsu Optoelectronic Technology Co., Ltd. The First Quarterly Report 2018
||||
|-|-|-|
|repurchase|||
|Fees and commissions payable|||
|Payroll payable|136,459,148.88|207,448,043.86|
|Taxes and surcharges payable|265,615,457.25|294,699,104.59|
|Interest payable|174,873,853.51|106,119,769.42|
|Dividend payable||35,000,000.00|
|Other payable|1,835,360,998.98|1,763,117,468.05|
|Reinsurance amounts payable|||
|Provision of insurance contract|||
|Securities brokering|||
|Securities underwriting|||
|Held-for-sale liabilities|||
|Current portion of non-current liabilities|5,087,163,477.91|5,009,292,363.77|
|Other current liability|221,701,490.93|227,155,178.97|
|Total of current liability|21,799,474,051.85|20,676,710,210.04|
|Non-current liabilities：|||
|Long-term bank loan facilities|4,539,636,812.95|4,784,726,250.77|
|Bond payable|5,667,436,541.30|5,665,126,090.52|
|Including：preferred stock|||
|Perpetual capital securities|||
|Long-term payable|3,123,511,902.76|3,276,308,254.44|
|Long-term employee benefits payable|||
|Grants payable|||
|Provisions|154,819,387.47|156,421,713.31|
|Deferred income|470,320,280.57|506,635,206.44|
||59,410,647.09|60,149,328.74|
|Deferred tax liabilities|||
|Other non-current liabilities|500,000,000.00|500,000,000.00|
|Total non-current liabilities|14,515,135,572.14|14,949,366,844.22|
||36,314,609,623.99|35,626,077,054.26|
|Total of liability|||
|Equity|||
||5,730,250,118.00|5,730,250,118.00|
|Share capital|||
|Other equity instrument|||
|Including：preferred stock|||
|Perpetual capital securities|||

Tunghsu Optoelectronic Technology Co., Ltd. The First Quarterly Report 2018
||||
|-|-|-|
|Reserves|21,792,405,220.42|21,792,405,220.42|
|Less: treasury shares|4,422,320.00|4,422,320.00|
|Other comprehensive income|-1,184.57|-4,518.45|
|Specialized reserve|1,983,921.21|1,983,921.21|
|Surplus reserves|224,133,824.86|224,133,824.86|
|General risk reserve|||
||3,602,888,637.59|3,178,450,209.42|
|Retained earnings|||
|Equity contributable to parent company|31,347,238,217.51|30,922,796,455.46|
|Minority interests|1,135,942,320.88|1,134,455,717.19|
|Total equity|32,483,180,538.39|32,057,252,172.65|
|Total liabilities and equity|68,797,790,162.38|67,683,329,226.91|

 Legal Representative: Li Zhaoting Person in charge ofaccounting：Huang Jinliang Accounting Dept Leader: Gao Feipeng 2.Parent Company Balance Sheet
In RMB
||||
|-|-|-|
|Items|Year-end balance|Year-beginning balance|
|Current asset：|||
|Cash and bank balances|11,228,106,003.29|11,224,359,236.39|
|Financial assets at fair value through|||
|profit or loss|||
|Derivative financial assets|||
|Notes receivable|1,400,000.00|200,000.00|
|Account receivable|76,911,262.59|23,837,262.59|
|Advance payments|19,358,200.58|16,902,375.19|
|Interest receivable|60,313,445.52|41,868,921.15|
|Dividend receivable||665,000,000.00|
|Other receivable|6,561,355,525.52|4,790,712,672.70|
|Inventories|506,472,115.72|509,283,364.38|
|Held-for-sale assets|||
|Current portion of non-current assets|||
|Other current asset|148,973.38|1,220,148,973.38|
|Total of current assets|18,454,065,526.60|18,492,312,805.78|
|Non-current assets：|||
|Available-for-sale financial assets|100,000,056.00|100,000,056.00|

Tunghsu Optoelectronic Technology Co., Ltd. The First Quarterly Report 2018
||||
|-|-|-|
|Held-to-maturity investments|||
|Long-term receivable|||
|Long term share equity investment|23,301,289,768.46|23,020,364,897.17|
|Property investment|||
|Fixed assets|43,533,241.45|44,669,881.93|
|Construction in progress|||
|Engineering material|||
|Fixed assets pending for disposal|||
|Productive biological assets|||
|Gas & petrol|||
|Intangible assets|9,600,167.75|9,687,094.58|
|Research and Development|||
|Expenditures|||
|Goodwill|||
|Long-term prepaid expenses|||
|Deferred income tax|58,105,970.47|58,105,970.47|
|Other non-current asset|1,381,400.00|1,381,400.00|
|Total of non-current assets|23,513,910,604.13|23,234,209,300.15|
|Total of assets|41,967,976,130.73|41,726,522,105.93|
|Current liabilities|||
|Short-term bank loan facilities|2,710,000,000.00|2,760,000,000.00|
|Financial liabilities at fair value through|||
|profit and loss|||
|Derivative financial liabilities|||
|Notes payable|||
|Account payable|44,053,411.92|15,219,920.86|
|Advances from customers|419,657.90|421,587.90|
|Payroll payable|4,064,929.33|4,061,413.48|
|Tax payable|28,937,936.68|28,150,779.48|
|Interest payable|145,417,224.18|79,827,566.10|
|Dividend payable|||
|Other payable|718,139,742.06|423,790,359.27|
|Held-for-sale liabilities|||
|Current portion of non-current liabilities|2,847,399,999.96|2,769,233,333.30|
|Other current liability|||

Tunghsu Optoelectronic Technology Co., Ltd. The First Quarterly Report 2018
||||
|-|-|-|
|Total of current liability|6,498,432,902.03|6,080,704,960.39|
|Non-current liabilities：|||
|Long-term bank loan facilities|1,410,450,000.00|1,512,500,000.00|
|Bond payable|5,667,436,541.30|5,665,126,090.52|
|Including：preferred stock|||
|Perpetual capital securities|||
|Long-term payable|||
|Long-term employee benefits|||
|payable|||
|Grants payable|||
|Provisions|||
|Deferred income|||
|Deferred income tax|||
|Other non-current liabilities|||
|Total of Non-current liabilities|7,077,886,541.30|7,177,626,090.52|
|Total of liability|13,576,319,443.33|13,258,331,050.91|
|Equity|||
|Share capital|5,730,250,118.00|5,730,250,118.00|
|Other equity instrument|||
|Including：preferred stock|||
|Perpetual capital securities|||
|Reserves|21,861,207,672.90|21,861,207,672.90|
|Less: treasury shares|4,422,320.00|4,422,320.00|
|Other comprehensive income|||
|Specialized reserve|||
|Surplus reserves|205,144,600.53|205,144,600.53|
|Retained earnings|599,476,615.97|676,010,983.59|
|Total equity|28,391,656,687.40|28,468,191,055.02|
|Total liabilities and equity|41,967,976,130.73|41,726,522,105.93|

 3.Consolidated Income statement
In RMB
||||
|-|-|-|
|Items|Amount in this period|Amount in last period|
|I. Income from the key business|4,665,751,599.66|2,258,246,760.26|
|Incl：Business income|4,665,751,599.66|2,258,246,760.26|

Tunghsu Optoelectronic Technology Co., Ltd. The First Quarterly Report 2018
||||
|-|-|-|
|Interest income|||
|Insurance fee earned|||
|Fee and commission received|||
|II. Total business cost|4,168,497,915.18|1,872,573,112.67|
|Incl：Business cost|3,701,043,731.71|1,549,342,252.05|
|Interest expense|||
|Fee and commission paid|||
|Insurance discharge payment|||
|Net claim amount paid|||
|Insurance policy dividend paid|||
|Insurance policy dividend paid|||
|Reinsurance expenses|||
|Business tax and surcharge|19,932,031.85|16,751,045.37|
|Sales expense|54,191,909.17|19,972,538.52|
|Administrative expense|180,127,732.95|109,001,741.46|
|Financial expenses|192,286,755.19|178,704,471.61|
|Asset impairment loss|20,915,754.31|-1,198,936.34|
|Add：Gains from change of fir value|||
|（“-”for loss）|||
|Investment gain（“-”for loss）|23,809,013.93|-1,038,942.03|
|Incl: investment gains from affiliates|9,885,561.86|-1,038,942.03|
|Gains from currency exchange|||
|（“-”for loss）|||
|Assets disposal income|||
|Other income|21,426,201.51||
|III. Operational profit（“-”for loss）|542,488,899.92|384,634,705.56|
|Add ：Non-operational income|3,878,016.34|145,661,764.29|
|Less：Non business expenses|1,629,018.28|377,487.88|
|IV.Total profit(“-”for loss)|544,737,897.98|529,918,981.97|
|Less：Income tax expenses|112,692,841.43|104,817,557.05|
|V. Net profit|432,045,056.55|425,101,424.92|
|1.Net continuing operating profit|432,045,056.55|425,101,424.92|
|2.Termination of operating net profit|||
|Net profit attributable to the owners of|||
||424,438,428.17|387,022,905.51|
|parent company|||

Tunghsu Optoelectronic Technology Co., Ltd. The First Quarterly Report 2018
||||
|-|-|-|
|Minority shareholders’ equity|7,606,628.38|38,078,519.41|
|VI. Other comprehensive income|6,061.60||
|Net of profit of other comprehensive inco|||
|me attributable to owners of the parent co|3,333.88||
|mpany.|||
|（I）Other comprehensive income items|||
|that will not be reclassified into|||
|gains/losses in the subsequent accounting|||
|period|||
|1.Re-measurement of defined benefit pla|||
|ns of changes in net debt or net assets|||
|2.Other comprehensive income under the|||
|equity method investee can not be reclass|||
|ified into profit or loss.|||
|（II）|||
|Other comprehensive income that will be|3,333.88||
|reclassified into profit or loss.|||
|1.Other comprehensive income under the|||
|equity method investee can be reclassifie|||
|d into profit or loss.|||
|2.Gains and losses from changes in fair v|||
|alue available for sale financial assets|||
|3.Held-to-maturity investments reclassifi|||
|ed to gains and losses of available for sal|||
|e financial assets|||
|4.The effective portion of cash flow hedg|||
|es and losses|||
|5.Translation differences in currency fina|||
||3,333.88||
|ncial statements|||
|6.Other|||
|Net of profit of other comprehensive inco|||
||2,727.72||
|me attributable to Minority shareholders’|||
|equity|||
|VII. Total comprehensive income|432,051,118.15|425,101,424.92|
|Total comprehensive income|||
|attributable to the owner of the parent|424,441,762.05|387,022,905.51|
|company|||
|Total comprehensive income|7,609,356.10|38,078,519.41|

Tunghsu Optoelectronic Technology Co., Ltd. The First Quarterly Report 2018
||||
|-|-|-|
|attributable minority shareholders|||
|VIII. Earnings per share|||
|（I）Basic earnings per share|0.07||
|||0.08|
|(II)Diluted earnings per share|0.07|0.08|

 The current business combination under common control, the net profits of the combined party before achieved ne t profit of RMB 0.00, last period the combined party realized RMB0.00.
Legal Representative: Li Zhaoting Person in charge ofaccounting：Huang Jinliang Accounting Dept Leader: Gao Feipeng 4. Income statement of the Parent Company
In RMB
||||
|-|-|-|
|Items|Amount in this period|Amount in last period|
|I. Income from the key business|50,573,688.01|29,487,874.98|
|Incl：Business cost|||
||35,399,563.01|23,208,786.32|
|Business tax and surcharge|1,031,055.02|475,331.94|
|Sales expense|||
|Administrative expense|7,699,680.84|13,924,710.85|
|Financial expenses|106,787,141.95|123,855,490.95|
|Asset impairment loss|||
|Add：Gains from change of fir value|||
|（“-”for loss）|||
|Investment gain（“-”for loss）|||
||23,809,013.93|-1,039,567.77|
|Incl: investment gains from affiliates|9,885,561.86|-1,039,567.77|
|Assets disposal income|||
|Other income|||
|II. Operational profit（“-”for loss）|||
||-76,534,738.88|-133,016,012.85|
|Add ：Non-operational income|371.41|5,943.00|
|Less：Non business expenses|||
||0.15||
|III.Total profit(“-”for loss)|-76,534,367.62|-133,010,069.85|

Tunghsu Optoelectronic Technology Co., Ltd. The First Quarterly Report 2018
||||
|-|-|-|
|Less：Income tax expenses|||
|IV. Net profit（“-”for net loss）|||
||-76,534,367.62|-133,010,069.85|
|1.Net continuing operating profit|-76,534,367.62|-133,010,069.85|
|2.Termination of operating net profit|||
|V.Net of profit of other comprehensive i|||
|ncome|||
|（I）Other comprehensive income|||
|items that will not be reclassified into|||
|gains/losses in the subsequent|||
|accounting period|||
|1.Re-measurement of defined benefit pl|||
|ans of changes in net debt or net assets|||
|2.Other comprehensive income under th|||
|e equity method investee can not be recl|||
|assified into profit or loss.|||
|（ II ）|||
|Other comprehensive income that will b|||
|e reclassified into profit or loss.|||
|1.Other comprehensive income under th|||
|e equity method investee can be reclassi|||
|fied into profit or loss.|||
|2.Gains and losses from changes in fair|||
|value available for sale financial assets|||
|3.Held-to-maturity investments reclassif|||
|ied to gains and losses of available for s|||
|ale financial assets|||
|4.The effective portion of cash flow hed|||
|ges and losses|||
|5.Translation differences in currency fin|||
|ancial statements|||
|6.Other|||
|VI. Total comprehensive income|-76,534,367.62|-133,010,069.85|
|VII. Earnings per share：|||
|（I）Basic earnings per share|||

Tunghsu Optoelectronic Technology Co., Ltd. The First Quarterly Report 2018
||
|-|
|(II)Diluted earnings per share|

5. Consolidated Cash flow statement
In RMB
||||
|-|-|-|
|Items|Amount in this period|Amount in last period|
|I.Cash flows from operating activities|||
|Cash received from sales of goods or|||
||4,593,763,600.26|3,100,458,034.70|
|rending of services|||
|Net increase of customer deposits|||
|and capital kept for brother company|||
|Net increase of loans from central bank|||
|Net increase of inter-bank loans from|||
|other financial bodies|||
|Cash received against original|||
|insurance contract|||
|Net cash received from reinsurance|||
|business|||
|Net increase of client deposit and|||
|investment|||
|Net increase of trade financial asset|||
|disposal|||
|Cash received as interest, processing|||
|fee and commission|||
|Net increase of inter-bank fund|||
|received|||
|Net increase of repurchasing business|||
|Tax returned|28,636,072.03|104,894,730.99|
|Other cash received from business|||
||601,255,423.20|354,695,742.55|
|operation|||
|Sub-total of cash inflow|5,223,655,095.49|3,560,048,508.24|
|Cash paid for purchasing of|||
||5,048,823,748.05|2,746,683,176.93|
|merchandise and services|||
|Net increase of client trade and|||
|advance|||
|Net increase of savings n central bank|||
|and brother company|||
|Cash paid for original contract claim|||

Tunghsu Optoelectronic Technology Co., Ltd. The First Quarterly Report 2018
||||
|-|-|-|
|Cash paid for interest, processing fee|||
|and commission|||
|Cash paid for policy dividend|||
|Cash paid to staffs or paid for staffs|345,765,367.69|146,931,934.49|
|Taxes paid|261,937,423.95|251,845,789.60|
|Other cash paid for business activities|694,269,043.64|1,046,336,834.11|
|Sub-total of cash outflow from|||
||6,350,795,583.33|4,191,797,735.13|
|business activities|||
|Cash flow generated by business|||
||-1,127,140,487.84|-631,749,226.89|
|operation, net|||
|II.Cash flow generated by investing|||
|Cash received from investment|||
||1,200,000,000.00||
|retrieving|||
|Cash received as investment gains|13,923,452.07||
|Net cash retrieved from disposal of|||
|fixed assets, intangible assets, and|||
|other long-term assets|||
|Net cash received from disposal of|||
|subsidiaries or other operational units|||
|Other investment-related cash received|8,227.27||
|Sub-total of cash inflow due to|||
||1,213,931,679.34||
|investment activities|||
|Cash paid for construction of|||
|fixed assets, intangible assets|153,828,342.83|517,377,927.30|
|and other long-term assets|||
|Cash paid as investment|52,099,996.00|420,800,000.00|
|Net increase of loan against pledge|||
|Net cash received from subsidiaries|||
|||-108,530.20|
|and other operational units|||
|Other cash paid for investment|||
||260,000,000.00|7,400.00|
|activities|||
|Sub-total of cash outflow due to|||
||465,928,338.83|938,076,797.10|
|investment activities|||
|Net cash flow generated by investment|748,003,340.51|-938,076,797.10|
|III.Cash flow generated by financing|||
|Cash received as investment|2,000,000.00|102,000,000.00|
|Incl: Cash received as investment from||102,000,000.00|

Tunghsu Optoelectronic Technology Co., Ltd. The First Quarterly Report 2018
||||
|-|-|-|
|minor shareholders|||
|Cash received as loans|1,164,206,756.55|1,096,719,662.01|
|Cash received from bond placing|||
|Other financing –related ash received|103,648,950.73|67,096,096.38|
|Sub-total of cash inflow from financing|||
||1,269,855,707.28|1,265,815,758.39|
|activities|||
|Cash to repay debts|723,884,505.43|1,232,470,416.67|
|Cash paid as dividend, profit, or|||
||244,301,221.30|247,964,797.32|
|interests|||
|Incl: Dividend and profit paid by|||
|||30,000,000.00|
|subsidiaries to minor shareholders|||
|Other cash paid for financing activities|477,612,499.98|104,743,598.29|
|Sub-total of cash outflow due to|||
||1,445,798,226.71|1,585,178,812.28|
|financing activities|||
|Net cash flow generated by financing|-175,942,519.43|-319,363,053.89|
|IV. Influence of exchange rate|||
|alternation on cash and cash|4,861,325.08|16,372,881.01|
|equivalents|||
|V.Net increase of cash and cash|||
||-550,218,341.68|-1,872,816,196.87|
|equivalents|||
|Add: balance of cash and cash|||
||25,372,409,408.02|25,349,672,556.55|
|equivalents at the beginning of term|||
|VI ..Balance of cash and cash|||
||24,822,191,066.34|23,476,856,359.68|
|equivalents at the end of term|||

6. Cash Flow Statement of the Parent Company
In RMB
||||
|-|-|-|
|Items|Amount in this period|Amount in last period|
|I.Cash flows from operating activities|||
|Cash received from sales of goods or|||
||5,521,970.00|2,107,000.00|
|rending of services|||
|Tax returned|||
|Other cash received from business|||
||239,806,134.59|57,349,385.06|
|operation|||
|Sub-total of cash inflow|245,328,104.59|59,456,385.06|
|Cash paid for purchasing of|||
||834,370.85|7,381,636.42|
|merchandise and services|||

Tunghsu Optoelectronic Technology Co., Ltd. The First Quarterly Report 2018
||||
|-|-|-|
|Cash paid to staffs or paid for staffs|10,318,166.57|3,499,302.53|
|Taxes paid|1,579,682.56|4,656,775.49|
|Other cash paid for business activities|230,107,073.24|2,158,426,007.88|
|Sub-total of cash outflow from|||
||242,839,293.22|2,173,963,722.32|
|business activities|||
|Cash flow generated by business|||
||2,488,811.37|-2,114,507,337.26|
|operation, net|||
|II.Cash flow generated by investing|||
|Cash received from investment|||
||1,220,000,000.00||
|retrieving|||
|Cash received as investment gains|678,923,452.07|570,000,000.00|
|Net cash retrieved from disposal of|||
|fixed assets, intangible assets, and|||
|other long-term assets|||
|Net cash received from disposal of|||
|subsidiaries or other operational units|||
|Other investment-related cash received|||
|Sub-total of cash inflow due to|||
||1,898,923,452.07|570,000,000.00|
|investment activities|||
|Cash paid for construction of|||
|fixed assets, intangible assets|||
|and other long-term assets|||
|Cash paid as investment|271,040,000.00|4,167,900,000.00|
|Net cash received from subsidiaries|||
|and other operational units|||
|Other cash paid for investment|||
||5,720,200,000.00||
|activities|||
|Sub-total of cash outflow due to|||
||5,991,240,000.00|4,167,900,000.00|
|investment activities|||
|Net cash flow generated by investment|-4,092,316,547.93|-3,597,900,000.00|
|III.Cash flow generated by financing|||
|Cash received as investment|||
|Cash received as loans|350,000,000.00|869,666,666.66|
|Cash received from bond placing|||
|Other financing –related ash received|4,263,448,809.94||
|Sub-total of cash inflow from|||
||4,613,448,809.94|869,666,666.66|
|financing activities|||

Tunghsu Optoelectronic Technology Co., Ltd. The First Quarterly Report 2018
||||
|-|-|-|
|Cash to repay debts|423,883,333.34|702,050,000.00|
|Cash paid as dividend, profit, or|||
||95,990,973.14|87,863,786.81|
|interests|||
|Other cash paid for financing activities||22,835,849.49|
|Sub-total of cash outflow due to|||
||519,874,306.48|812,749,636.30|
|financing activities|||
|Net cash flow generated by financing|4,093,574,503.46|56,917,030.36|
|IV. Influence of exchange rate|||
|alternation on cash and cash|||
|equivalents|||
|V.Net increase of cash and cash|||
||3,746,766.90|-5,655,490,306.90|
|equivalents|||
|Add: balance of cash and cash|||
||11,224,359,236.39|16,951,756,537.76|
|equivalents at the beginning of term|||
|VI ..Balance of cash and cash|||
||11,228,106,003.29|11,296,266,230.86|
|equivalents at the end of term|||

II.Auditor’ report
Is the First Quarterly Report be audited?
□ Yes√No
The First Quarterly report is not audited.
Tunghsu Optoelectronic Technology Co., Ltd.
Board Chairman: Li Zhaoting
Issue day approved by the Board ofDirectors：April 25,2018