FIYTAHOLDINGSLTD. 20171st QuarterlyReport,FullText FIYTA HOLDINGS LTD.
2017 First Quarterly Report
April 2017
FIYTAHOLDINGSLTD. 20171st QuarterlyReport,FullText Section 1 Important Notes
The Board of Directors, the Supervisory Committee, directors, supervisors and senior executives hereby individually and collectively accept responsibility for the correctness, accuracy and completeness of the contents of this Quarterly Report and confirm that there are neither material omissions nor errors which would render any statementmisleading.
All the directors attended theboard meetingforreviewing theQuarterly Report.
Mr.Xu Dongsheng, the Company leader,Mr.Chen Zhuo, the chief financial officer,and Mr.Tian Hui, the manager of the accounting department (treasurer) hereby confirm the authenticity, accuracy and completeness ofthe financialreportenclosedin thisQuarterly Report.
FIYTAHOLDINGSLTD. 20171st QuarterlyReport,FullText Section 2 Company Information
I. Key Accounting Data and Financial Indicators
MaytheCompanymakeretroactiveadjustmentorrestatementoftheaccountingdataofthepreviousyearsduetochange oftheaccountingpolicyandcorrectionofaccountingerrors
No
|||||
|-|-|-|-|
||Reportingperiod|SamePeriodofthePreviousYear|Increase/decreaseofthereportperiodvsthesameperiodofthepreviousyear|
|Operatingrevenue,inCNY|817,002,183.65|732,961,459.52|11.47%|
|NetprofitattributabletotheCompany’sshareholders,inCNY|45,319,028.27|27,251,347.69|66.30%|
|NetprofitattributabletotheCompany’sshareholderslessthenon-recurringitems,inCNY|45,377,622.54|27,249,320.31|66.53%|
|Netcashflowsarisingfromoperatingactivities,inCNY|122,917,899.12|97,495,185.15|26.08%|
|Basicearningpershare(CNY/share)|0.1033|0.0621|66.34%|
|Dilutedearningpershare(CNY/share)|0.1033|0.0621|66.34%|
|Netassets-incomeratio,weightedaverage|1.89%|1.18%|0.71%|
||Endofthereportingperiod|Endofthepreviousyear|Increase/decreaseoftheendofthereportperiodvstheendofthepreviousyear|
|Totalassets,inCNY|3,891,426,215.47|4,004,897,562.72|-2.83%|
|NetassetsattributabletotheCompany’sshares,inCNY|2,421,119,766.09|2,371,370,535.17|2.10%|

Non-recurringgain/lossitemsandtheamountinvolved
InCNY
||||
|-|-|-|
|Items|Fromyearbeginningtotheendofthereportingperiod|Notes|
|Gainandlossfromdisposalofnon-currentassets,includingthepartoffsetwiththeprovisionforimpairmentofassets|-4,148.67||

FIYTAHOLDINGSLTD. 20171st QuarterlyReport,FullText
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|-|-|-|
|Governmentsubsidyrecognizedincurrentgainandloss(excludingthosecloselyrelatedtotheCompany’sbusinessandgrantedunderthestate’spoliciesaccordingtocertainquotaofamountorvolume)|201,900.00||
|Incomeandexpensesfromthebusinessotherthantheaboveitems|-280,730.68||
|Less:Amountaffectedbytheincometax|-24,385.08||
|Total|-58,594.27|--|

For theCompany’s non-recurring gain/loss items as defined in the Explanatory Announcement No. 1 on Information Disclosurefor CompaniesOfferingtheirSecuritiestothePublic– Non-recurringGainsandLossesanditsnon-recurring gain/loss items as illustrated in the ExplanatoryAnnouncement No. 1 on Information Disclosure for Companies OfferingtheirSecuritiestothePublic–Non-recurringGainsandLosseswhichhavebeendefinedasrecurringgainsandlosses,it isnecessarytoexplainthereason.
Inapplicable
II. Total Shareholders and Shares Held by Top Ten Shareholders at the End of the Reporting Period
1. Statement of TotalShareholdersof Common Shares andthe ReferredShareswiththeVoting Power Recoveredand theSharesHeld byTopTenShareholders
Inshares
||||||||||
|-|-|-|-|-|-|-|-|-|
|Totalshareholdersofcommonsharesattheendofthereportingperiod||36,884||Totalshareholdersofpreferredshareswithvotingpowerrecovered(ifany)|||0||
|SharesheldbytheTopTenShareholders|||||||||
|Shareholders’Names|NatureofShareholders|Proportionofsharesheld|Numberofsharesheld||Numberofrestrictedsharesheld|Pledgedorfrozen|||
|||||||Statusoftheshares||Q’ty|
|CATICShenzhenHoldingsLimited|State-ownedcorporate|37.15%|162,977,327||0||||

FIYTAHOLDINGSLTD. 20171st QuarterlyReport,FullText
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|-|-|-|-|-|
|MANULIFETEDAFund－MinshengBank－MANULIFETEDAValueGrowthOrientedAdditionalIssueNo.351AssetsManagementProgram|Domesticnon-state-ownedcorporate|1.39%|6,099,959|0|
|XizangInvestmentCo.,Ltd.|State-ownedcorporate|1.13%|4,976,551|0|
|ChongqingInternationalTrustCo.,Ltd.-CITNo.2Trust|Domesticnon-state-ownedcorporate|1.07%|4,698,740|0|
|GoldenEagleFund-MinshengBank-GoldenEagleWenshiJunyeFlexibleDispositionNo.3AssetsManagementProgram|Domesticnon-state-ownedcorporate|1.07%|4,674,329|0|
|MANULIFETEDAFund-ICBC-MANULIFETEDAGUOMAODONGFANGDINGZENGBAONo.1AssetsManagementProgram|Domesticnon-state-ownedcorporate|0.96%|4,200,000|0|
|XuGuoliang|Domesticnaturalperson|0.58%|2,544,395|0|
|DaiWen|Domesticnaturalperson|0.46%|2,009,321|0|

FIYTAHOLDINGSLTD. 20171st QuarterlyReport,FullText
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|-|-|-|-|-|-|-|
|EssenceInternationalSecurities(HongKong)Limited|Overseascorporate|0.46%|2,000,000|0|||
|ZhonghaiTrustCo.,Ltd.-ZhonghaiJufa-NewShareAppointedSubscriptionNo.3FundTrust|Domesticnon-state-ownedcorporate|0.45%|1,996,160|0|||
|Shareholdingoftop10shareholdersofunrestrictedshares|||||||
|Shareholder’sName||Quantityofunrestrictedsharesheldattheendofthereportingperiod|||Sharetype||
||||||Sharetype|Quantity|
|CATICShenzhenHoldingsLimited||162,977,327|||A-shares|162,977,327|
|MANULIFETEDAFund－ MinshengBank－MANULIFETEDAValueGrowthOrientedAdditionalIssueNo.351AssetsManagementProgram||6,099,959|||A-shares|6,099,959|
|XizangInvestmentCo.,Ltd.||4,976,551|||A-shares|4,976,551|
|ChongqingInternationalTrustCo.,Ltd.-CITNo.2Trust||4,698,740|||A-shares|4,698,740|
|GoldenEagleFund-MinshengBank-GoldenEagleWenshiJunyeFlexibleDispositionNo.3AssetsManagementProgram||4,674,329|||A-shares|4,674,329|
|MANULIFETEDAFund-ICBC-MANULIFETEDAGUOMAODONGFANGDINGZENGBAONo.1AssetsManagementProgram||4,200,000|||A-shares|4,200,000|
|XuGuoliang||2,544,395|||A-shares|2,544,395|
|DaiWen||2,009,321|||A-shares|2,009,321|
|EssenceInternationalSecurities(HongKong)Limited||2,000,000|||B-shares|2,000,000|
|ZhonghaiTrustCo.,Ltd.-ZhonghaiJufa-NewShareAppointedSubscriptionNo.3FundTrust||1,996,160|||A-shares|1,996,160|
|Explanationtotheassociatedrelationshiporconsistentaction||Ofthetop10shareholders,bothMANULIFETEDAFund－ MinshengBank－MANULIFETEDAValueGrowthOrientedAdditionalIssueNo.351AssetsManagementProgramandMANULIFE|||||

FIYTAHOLDINGSLTD. 20171st QuarterlyReport,FullText
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|-|-|
|amongtheaforesaidshareholders.|TEDAFund-ICBC-MANULIFETEDAGUOMAODONGFANGDINGZENGBAONo.1AssetsManagementProgramaresubsidiariesofMANULIFETEDAFundManagementCo,Ltd.;thetotal10,299,959sharesintheCompanyheldbythemareallrestrictedsharesissuednon-publically.TheserestrictedshareswereallrelievedfortradingcommencingfromJanuary16,2017.|
|Notetothetop10shareholdersinvolvedinmarginfinancing&securitieslending(ifany)|Inapplicable|

Did the top ten common shareholders or top ten shareholders of unrestricted common shares conduct contractual repurchaseduringthereportingperiod?
No
2. Total shareholders of the Company's preferred shares and statement of shareholding of the top10 shareholders of thepreferred shares
Inapplicable
FIYTAHOLDINGSLTD. 20171st QuarterlyReport,FullText Section 3 Significant Events
I. Movements and the causes of major financial data and financial indicators in the reporting period
||||||
|-|-|-|-|-|
|ItemsinBalanceSheet|||||
|Items|Endingbalance|Openingbalance|Changerate(%)|CauseofChange|
|Notesreceivable|11,401,129.29|7,662,556.28|48.79%|It was mainly due increase ofacceptance bills received in thereportingperiod|
|Othernon-currentassets|14,210,754.64|10,681,518.91|33.04%|It was mainly due to increase of theadvance payment for equipmentpurchase|
|Accruedpayroll|23,827,983.80|45,254,585.69|-47.35%|It was mainly due to that the bonuspayable to employees for year 2016werepaidinthereportingperiod|
|Non-currentliabilitiesduewithinayear|8,000,000.00|26,117,387.52|-69.37%|It was mainly due to that partial longterm loan due within a year at the yearbeginning was repaid in the reportingperiod|
|Othercurrentliabilities|12,966,626.25|2,379,148.19|445.01%|It was mainly due to increase of theaccrued expenses at the end of thereportingperiod|
|ItemsinProfitStatement|||||
|Items|ReportingPeriod|SamePeriodofthePreviousYear|Changerate(%)|ReasonofChange|
|Financialexpenses|14,236,954.13|18,789,950.59|-24.23%|It was mainly due to decrease of theinterest-bearing liabilities and drop ofinterestrate|
|Totalprofit|60,159,931.47|33,878,181.52|77.58%|It was mainly due to growth of therevenue from principal business andimprovementofearningpower|
|Incometaxexpenses|14,949,437.81|6,776,540.61|120.61%|It was mainly due to that withimprovement of the earning power, theincometaxincreasedcorrespondingly|
|ItemsofCashFlowStatement|||||

FIYTAHOLDINGSLTD. 20171st QuarterlyReport,FullText
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|-|-|-|-|-|
|Items|Fromyearbeginningtotheendofthereportingperiod|SamePeriodofthePreviousYear|Changerate(%)|ReasonofChange|
|Cashpaidforpurchaseandconstructionoffixedassets,intangibleassetsandotherlongtermassets|27,525,982.75|49,904,732.71|-44.84%|It was mainly due to that the principalworks of the Watch Industry Base inGuangming New Zone was completedin construction and the relevantinvestment in the reporting periodreduced.|
|Cashreceivedfromloans|150,000,000.00|315,000,000.00|-52.38%|It was mainly due to that theinterest-bearing liabilities due in thereporting period decreased over thesameperiodofthepreviousyear|
|Cashpaidfordebtrepayment|287,848,859.66|443,053,583.30|-35.03%|It was mainly due to that theinterest-bearing liabilities due in thereporting period decreased over thesameperiodofthepreviousyear|
|Cashpaidfordividend/profitdistributionorrepaymentofinterest|11,238,305.01|33,673,252.94|-66.63%|It was mainly due to that with decreaseof the interest-bearing liabilities anddrop of the interest rate, the interestpaymentdecreasedcorrespondingly.|

 II. Progress of Significant Events, its Impacts and the Solutions
Inapplicable
III. Failure in Due Fulfillment of Commitments of the Actual Controllers, Shareholders, Affiliates, and Acquirers of Listed Companies as Well as the Listed Companies during the Reporting Period
Inapplicable
IV. Prediction of the Operation Results of January to June 2017
Inapplicable
V. Investment in Securities
Inapplicable
VI. Investment in Derivatives
Inapplicable
FIYTAHOLDINGSLTD. 20171st QuarterlyReport,FullText VII. Registry of such Activities as Reception of the Visitors of Survey, Communications, Interview, etc. during the Reporting Period
|||||
|-|-|-|-|
|Receptiontime|Wayofreception|Typesofvisitorsreceived|Referencetothebasicinformationinthesurvey|
|15thFebruary2017|On-the-spotsurvey|Institution|www.cninfo.com.cn|
|15thMarch2017|On-the-spotsurvey|Institution|www.cninfo.com.cn|

VIII. Outward Guarantee against the Regulations
Inapplicable
IX. TheCompany’s Fund Occupied by its Controlling Shareholder or Related Party for Non-operation Purpose
Inapplicable
FIYTAHOLDINGSLTD. 20171st QuarterlyReport,FullText Section 4 Financial Statements
I. Financial Statements
1.ConsolidatedBalance Sheet
PreparedbyFiytaHoldingsLtd.
March31,2017
InCNY
||||
|-|-|-|
|Items|Endingbalance|Openingbalance|
|Currentassets:|||
|Monetaryfunds|374,803,763.34|428,802,755.81|
|SettlementReserve|||
|Inter-banklending|||
|Financialassetswhichweremeasuredbasedonthefairvalueanditschangewascountedtothecurrentgainandloss|||
|Derivativefinancialassets|||
|Notesreceivable|11,401,129.29|7,662,556.28|
|Accountsreceivable|338,296,600.73|306,671,021.69|
|Prepayments|29,281,140.20|33,709,656.73|
|Insurancepremiumreceivable|||
|Reinsuranceaccountsreceivable|||
|Accountsreceivablereinsurancereserve|||
|Interestreceivable|||
|Dividendsreceivable|||
|Otherreceivables|37,484,355.88|33,393,017.28|
|Buyingandsellingbackfinancialassets|||
|Inventories:|1,922,890,215.30|1,997,097,192.38|
|Assetsclassifiedasthatheldforsale|||

FIYTAHOLDINGSLTD. 20171st QuarterlyReport,FullText
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|-|-|-|
|Non-currentassetsduewithinayear|||
|Othercurrentassets|17,756,295.38|20,344,532.09|
|Totalcurrentassets|2,731,913,500.12|2,827,680,732.26|
|Non-CurrentAssets:|||
|Loanprovisionandadvances|||
|Available-for-salefinancialassets|85,000.00|85,000.00|
|Held–to-maturityinvestment|||
|Long-termaccountsreceivable|||
|Long-termequityinvestment|43,423,624.87|43,423,624.87|
|Investmentbasedrealestate|287,819,108.61|244,202,635.09|
|Fixedassets|560,820,727.00|611,204,169.03|
|Construction-in-progress|||
|Engineeringsupplies|||
|Disposaloffixedassets|||
|Productivebiologicalassets|||
|Oilandgasasset|||
|Intangibleassets|38,317,947.18|38,751,903.42|
|Developmentexpenses|||
|Goodwill|||
|Long-termexpensestobeapportioned|122,063,419.94|133,688,403.88|
|Deferredincometaxasset|92,772,133.11|95,179,575.26|
|Othernon-currentassets|14,210,754.64|10,681,518.91|
|Totalnon-currentassets|1,159,512,715.35|1,177,216,830.46|
|Totalassets|3,891,426,215.47|4,004,897,562.72|
|Currentliabilities:|||
|Short-termLoan|977,152,240.00|1,098,438,070.00|
|Borrowingsfromcentralbank|||
|Receiptofdepositsanddepositsfromotherbanks|||
|Loansfromotherbanks|||

FIYTAHOLDINGSLTD. 20171st QuarterlyReport,FullText
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|-|-|-|
|Financialliabilitieswhichweremeasuredbasedonthefairvalueanditschangewaschargedtothecurrentgainandloss|||
|Derivativefinancialliabilities|||
|Notespayable|||
|Accountspayable|188,058,080.26|215,422,089.74|
|Advancereceipts|12,204,036.00|13,902,703.90|
|Fundsfromsellingoutandrepurchasingfinancialassets|||
|Servicechargeandcommissionpayable|||
|Salariespayabletotheemployees|23,827,983.80|45,254,585.69|
|Taxespayable|56,618,676.58|50,945,289.31|
|Interestpayable|2,292,766.17|2,475,969.65|
|Dividendspayable|||
|Otherpayables|64,182,575.82|53,733,080.99|
|Reinsurancepayable|||
|Insurancecontractreserve|||
|Fundsfromsecuritiestradingagency|||
|Fundsfromunderwritingsecuritiesagency|||
|Liabilitiesclassifiedasthatheldforsale|||
|Non-currentliabilitiesduewithinayear|8,000,000.00|26,117,387.52|
|Othercurrentliabilities|12,966,626.25|2,379,148.19|
|Totalcurrentliabilities|1,345,302,984.88|1,508,668,324.99|
|Non-CurrentLiabilities:|||
|Longtermborrowings|115,591,082.07|115,301,048.00|
|Bondspayable|||
|Including:preferredshares|||
|Permanentliabilities|||
|Longtermaccountspayable|||

FIYTAHOLDINGSLTD. 20171st QuarterlyReport,FullText
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|-|-|-|
|Longtermremunerationpayabletoemployees|||
|Specialaccountspayable|||
|Predictedliabilities|||
|Deferredincome|5,980,000.00|5,980,000.00|
|Deferredincometaxliability|||
|Othernon-currentliabilities|||
|Totalnon-currentliabilities|121,571,082.07|121,281,048.00|
|Totalliabilities|1,466,874,066.95|1,629,949,372.99|
|Owner’sequity|||
|Capitalstock|438,744,881.00|438,744,881.00|
|Otherequityinstruments|||
|Including:preferredshares|||
|Permanentliabilities|||
|Capitalreserve|1,062,455,644.22|1,062,455,644.22|
|Less:sharesinstock|||
|Othercomprehensiveincome|-7,348,295.59|-11,778,498.24|
|Specialreserve|||
|Surplusreserve|193,961,700.45|193,961,700.45|
|Generalriskreserve|||
|Retainedearnings|733,305,836.01|687,986,807.74|
|Totalowner’sequityattributabletotheparentcompany|2,421,119,766.09|2,371,370,535.17|
|Minorityequity|3,432,382.43|3,577,654.56|
|Totalowners’equity|2,424,552,148.52|2,374,948,189.73|
|Totalliabilitiesandowners’equity|3,891,426,215.47|4,004,897,562.72|

 Legal representative: Xu Dongsheng Chief Financial Officer: Chen Zhuo Person in charge of the AccountingDepartment:TianHui
2. Balance Sheet,Parent Company
InCNY
||||
|-|-|-|
|Items|Endingbalance|Openingbalance|
|Currentassets:|||
|Monetaryfunds|205,709,935.96|270,947,926.47|

FIYTAHOLDINGSLTD. 20171st QuarterlyReport,FullText
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|-|-|-|
|Financialassetswhichweremeasuredbasedonthefairvalueanditschangewascountedtothecurrentgainandloss|||
|Derivativefinancialassets|||
|Notesreceivable|||
|Accountsreceivable|2,109,181.29|255,995.64|
|Prepayments|||
|Interestreceivable|||
|Dividendsreceivable|||
|Otherreceivables|1,122,304,699.59|1,191,947,054.57|
|Inventories:|||
|Assetsclassifiedasthatheldforsale|||
|Non-currentassetsduewithinayear|||
|Othercurrentassets|6,812,125.42|5,805,712.39|
|Totalcurrentassets|1,336,935,942.26|1,468,956,689.07|
|Non-CurrentAssets:|||
|Available-for-salefinancialassets|85,000.00|85,000.00|
|Held–to-maturityinvestment|||
|Long-termaccountsreceivable|||
|Long-termequityinvestment|1,256,593,344.87|1,256,593,344.87|
|Investmentbasedrealestate|251,707,401.81|207,804,447.15|
|Fixedassets|367,013,243.56|414,581,425.11|
|Construction-in-progress|||
|Engineeringsupplies|||
|Disposaloffixedassets|||
|Productivebiologicalassets|||
|Oilandgasasset|||
|Intangibleassets|32,006,875.54|32,438,001.77|
|Developmentexpenses|||
|Goodwill|||
|Long-termexpensestobe|5,438,363.12|5,721,622.60|

FIYTAHOLDINGSLTD. 20171st QuarterlyReport,FullText
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|-|-|-|
|apportioned|||
|Deferredincometaxasset|1,502,555.54|1,502,555.54|
|Othernon-currentassets|12,606,627.27|10,681,518.91|
|Totalnon-currentassets|1,926,953,411.71|1,929,407,915.95|
|Totalassets|3,263,889,353.97|3,398,364,605.02|
|Currentliabilities:|||
|Short-termLoan|788,000,000.00|908,000,000.00|
|Financialliabilitieswhichweremeasuredbasedonthefairvalueanditschangewaschargedtothecurrentgainandloss|||
|Derivativefinancialliabilities|||
|Notespayable|||
|Accountspayable|70,829,448.90|77,826,174.63|
|Advancereceipts|1,868,010.99|2,767,858.84|
|Salariespayabletotheemployees|1,594,297.52|8,020,288.56|
|Taxespayable|2,476,943.11|2,883,511.63|
|Interestpayable|1,239,391.76|1,312,644.11|
|Dividendspayable|||
|Otherpayables|17,944,357.25|18,959,721.51|
|Liabilitiesclassifiedasthatheldforsale|||
|Non-currentliabilitiesduewithinayear|8,000,000.00|8,000,000.00|
|Othercurrentliabilities|2,000,000.00||
|Totalcurrentliabilities|893,952,449.53|1,027,770,199.28|
|Non-CurrentLiabilities:|||
|Longtermborrowings|109,861,928.00|109,861,928.00|
|Bondspayable|||
|Including:preferredshares|||
|Permanentliabilities|||
|Longtermaccountspayable|||
|Longtermremunerationpayabletoemployees|||
|Specialaccountspayable|||

FIYTAHOLDINGSLTD. 20171st QuarterlyReport,FullText
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|-|-|-|
|Predictedliabilities|||
|Deferredincome|5,980,000.00|5,980,000.00|
|Deferredincometaxliability|||
|Othernon-currentliabilities|||
|Totalnon-currentliabilities|115,841,928.00|115,841,928.00|
|Totalliabilities|1,009,794,377.53|1,143,612,127.28|
|Owner’sequity|||
|Capitalstock|438,744,881.00|438,744,881.00|
|Otherequityinstruments|||
|Including:preferredshares|||
|Permanentliabilities|||
|Capitalreserve|1,068,111,185.32|1,068,111,185.32|
|Less:sharesinstock|||
|Othercomprehensiveincome|||
|Specialreserve|||
|Surplusreserve|193,961,700.45|193,961,700.45|
|Retainedearnings|553,277,209.67|553,934,710.97|
|Totalowners’equity|2,254,094,976.44|2,254,752,477.74|
|Totalliabilitiesandowners’equity|3,263,889,353.97|3,398,364,605.02|

 Legal representative: Xu Dongsheng Chief Financial Officer: Chen Zhuo Person in charge of the AccountingDepartment:TianHui
3. ConsolidatedProfit Statements
InCNY
||||
|-|-|-|
|Items|Amountincurredinthereportingperiod|Amountincurredinthepreviousperiod|
|I.GrossRevenue|817,002,183.65|732,961,459.52|
|Including:revenue|817,002,183.65|732,961,459.52|
|Interestincome|||
|Earnedpremium|||
|Servicechargeandcommissionincome|||
|II.Totaloperatingcost|756,759,272.83|699,085,465.34|

FIYTAHOLDINGSLTD. 20171st QuarterlyReport,FullText
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|-|-|-|
|Including:operatingcosts|488,900,711.23|436,060,603.32|
|Interestpayment|||
|Servicechargeandcommissionpayment|||
|Refundedpremiums|||
|Compensationpay-out,net|||
|Netamountofreservesforreinsurancecontract|||
|Policydividendpayment|||
|Reinsuranceexpenses|||
|Taxesandsurcharges|7,733,658.73|6,787,845.66|
|Salesexpenses|196,629,430.17|189,666,151.53|
|Administrativeexpenses|47,948,663.96|47,858,157.93|
|Financialexpenses|14,236,954.13|18,789,950.59|
|Lossfromimpairmentofassets|1,309,854.61|-77,243.69|
|Plus:Incomefromchangeoffairvalue(lossisstatedwith“-“)|||
|Investmentincome(lossisstatedwith“-“)|||
|Including:incomefrominvestmentinassociatesandjointventures|||
|Exchangeincome(lossisstatedwith“-“)|||
|III.OperatingProfit(lossisstatedwith“-“)|60,242,910.82|33,875,994.18|
|Plus:Non-operatingincome|249,619.51|354,721.40|
|Including:Gainsfromdisposalofnon-currentassets||654.08|
|Less:Non-operatingexpenses|332,598.86|352,534.06|
|Including:Lossfromdisposalofnon-currentassets|4,148.67|27,636.46|
|IV.TotalProfit(totallossstatedwith“-“)|60,159,931.47|33,878,181.52|

FIYTAHOLDINGSLTD. 20171st QuarterlyReport,FullText
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|-|-|-|
|Less:Incometaxexpense|14,949,437.81|6,776,540.61|
|V.NetProfit (lossstatedwith“-“)|45,210,493.66|27,101,640.91|
|Netprofitattributabletotheparentcompany’sowner|45,319,028.27|27,251,347.69|
|Minorityshareholders’gainandloss|-108,534.61|-149,706.78|
|VI.Netofothercomprehensiveincomeaftertax|4,356,727.61|6,264,029.30|
|Netofothercomprehensiveincomeaftertaxattributabletotheparentcompany’sowner|4,393,465.13|6,264,029.30|
|(I)Othercomprehensiveincomewhichcannotbere-classifiedintothegainandloss|||
|1.Movementofthenetliabilitiesandnetassetsre-measuredforsettingthebeneficialplan|||
|2.Shareenjoyableintheothercomprehensiveincomeinwhichtheinvesteecannotbere-classifiedintothegainandlossundertheequitymethod|||
|(II)Othercomprehensiveincomewhichcannotbere-classifiedintothegainandlossinfuture|4,393,465.13|6,264,029.30|
|1.Shareenjoyableintheothercomprehensiveincomeinwhichtheinvesteecannotbere-classifiedintothegainandlossundertheequitymethodinfuture|||
|2.Gain/lossfromchangeinthefairvalueofthefinancialassetsavailableforsale|||
|3.Gain/lossfromwhichtheheld-to-maturityinvestmentisre-classifiedasavailable-for-salefinancialassets|||
|4.Validpartofthe|||

FIYTAHOLDINGSLTD. 20171st QuarterlyReport,FullText
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|-|-|-|
|gain/lossfromcashflowhedge|||
|5.Conversionmarginofthefinancialstatementsinforeigncurrency|4,430,202.65|6,264,029.30|
|6.Others|||
|Netamountofothercomprehensiveincomeaftertaxattributabletominorityshareholders|-36,737.52||
|VII.Totalcomprehensiveincome|49,567,221.27|33,365,670.21|
|Totalcomprehensiveincomeattributabletotheparentcompany’sowner|49,712,493.40|33,515,376.99|
|Totalcomprehensiveincomeattributabletominorityshareholders|-145,272.13|-149,706.78|
|VIII.Earningspershare:|||
|(I)Basicearningspershare|0.1033|0.0621|
|(II)Dilutedearningspershare|0.1033|0.0621|

 Legal representative: Xu Dongsheng Chief Financial Officer: Chen Zhuo Person in charge of the AccountingDepartment:TianHui
4. Profit Statement,ParentCompany
InCNY
||||
|-|-|-|
|Items|Amountincurredinthereportingperiod|Amountincurredinthepreviousperiod|
|I.Revenue|26,393,302.54|24,693,834.10|
|Less:Businesscosts|4,729,351.55|3,342,845.07|
|Taxesandsurcharges|1,083,437.18|1,444,143.60|
|Salesexpenses|||
|Administrativeexpenses|18,349,759.49|14,016,583.20|
|Financialexpenses|3,089,008.13|4,002,675.61|
|Lossfromimpairmentofassets||-503,603.10|
|Plus:Incomefromchangeoffairvalue(lossisstatedwith“-“)|||
|Investmentincome(lossisstatedwith“-“)|135,344,660.36|135,344,660.36|
|Including:incomefrom|||

FIYTAHOLDINGSLTD. 20171st QuarterlyReport,FullText
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|-|-|-|
|investmentinassociatesandjointventures|||
|II.OperatingProfit(lossisstatedwith“-“)|-858,253.81|137,232,246.98|
|Plus:Non-operatingincome|106,000.00|6,200.00|
|Including:Gainsfromdisposalofnon-currentassets|||
|Less:Non-operatingexpenses|20,000.00|300,000.00|
|Including:Lossfromdisposalofnon-currentassets|||
|III.TotalProfit(totallossstatedwith“-“)|-772,253.81|136,938,446.98|
|Less:Incometaxexpense|-114,752.51|54,747.75|
|IV.Netprofit(netlossisstatedwith“-“)|-657,501.30|136,883,699.23|
|V.Netofothercomprehensiveincomeaftertax|||
|(I)Othercomprehensiveincomewhichcannotbere-classifiedintothegainandloss|||
|1.Movementofthenetliabilitiesandnetassetsre-measuredforsettingthebeneficialplan|||
|2.Shareenjoyableintheothercomprehensiveincomeinwhichtheinvesteecannotbere-classifiedintothegainandlossundertheequitymethod|||
|(II)Othercomprehensiveincomewhichcannotbere-classifiedintothegainandlossinfuture|||
|1.Shareenjoyableintheothercomprehensiveincomeinwhichtheinvesteecannotbere-classifiedintothegainandlossundertheequitymethodinfuture|||
|2.Gain/lossfrom|||

FIYTAHOLDINGSLTD. 20171st QuarterlyReport,FullText
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|-|-|-|
|changeinthefairvalueofthefinancialassetsavailableforsale|||
|3.Gain/lossfromwhichtheheld-to-maturityinvestmentisre-classifiedasavailable-for-salefinancialassets|||
|4.Validpartofthegain/lossfromcashflowhedge|||
|5.Conversionmarginofthefinancialstatementsinforeigncurrency|||
|6.Others|||
|VI.Totalcomprehensiveincome|-657,501.30|136,883,699.23|
|VII.Earningspershare:|||
|(I)Basicearningspershare|-0.0015|0.3120|
|(II)Dilutedearningspershare|-0.0015|0.3120|

Legal representative: Xu Dongsheng Chief Financial Officer: Chen Zhuo Person in charge of the AccountingDepartment:TianHui
5. ConsolidatedCashFlow Statement
InCNY
||||
|-|-|-|
|Items|Amountincurredinthereportingperiod|Amountincurredinthepreviousperiod|
|I.Netcashflowsarisingfromoperatingactivities:|||
|Cashreceivedfromsalesofgoodsandsupplyoflabor|901,753,425.29|809,792,456.04|
|Netincreaseofcustomers’depositandduefrombanks|||
|Netincreaseofborrowingsfromthecentralbank|||
|Netincreaseofborrowingsfromotherfinancialinstitutions|||
|Cashreceivedfromformerinsurancecontractpremium|||
|Netcashreceivedfrom|||

FIYTAHOLDINGSLTD. 20171st QuarterlyReport,FullText
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|-|-|-|
|reinsurancebusiness|||
|Netincreaseofinsurancereserveandinvestment|||
|Netincreaseoffinancialassetswhichweremeasuredbasedonthefairvalueanditschangewascountedtothecurrentgainandloss|||
|Cashreceivedfrominterest,servicechargeandcommission|||
|Netincreaseofborrowings|||
|Netincreaseoffundfromrepurchases|||
|Rebatedtaxesreceived||6,421.29|
|Otheroperationactivityrelatedcashreceipts|6,148,695.18|5,448,946.61|
|Subtotalofcashflowinfromoperatingactivity|907,902,120.47|815,247,823.94|
|Cashpaidforpurchaseofgoodsandreceptionoflaborservices|493,549,424.89|414,539,635.03|
|Netincreaseofloansandadvancestocustomers|||
|Netincreaseofduefromcentralbankandduefrombanks|||
|Cashpaidforindemnityoforiginalinsurancecontract|||
|Cashpaidforinterest,servicechargeandcommission|||
|Cashpaidforinsurancepolicydividend|||
|Cashpaidtoandforstaff|145,950,506.66|148,093,012.70|
|Taxespaid|65,328,598.56|76,692,233.41|
|Otherbusinessactivityrelatedcashpayments|80,155,691.24|78,427,757.65|
|Subtotalofcashflowoutfromoperatingactivity|784,984,221.35|717,752,638.79|
|Netcashflowarisingfromoperatingactivities|122,917,899.12|97,495,185.15|

FIYTAHOLDINGSLTD. 20171st QuarterlyReport,FullText
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|-|-|-|
|II.Cashflowsarisingfrominvestmentactivities:|||
|Cashreceivedfromrecoveryofinvestment|||
|Cashreceivedfrominvestmentincome|||
|Netamountofcashreceivedfromdisposaloffixedassets,intangibleassetsandotherlongtermassets|3,711.89|220.00|
|Netcashreceivedfromdisposalofsubsidiariesandotheroperatingunits|||
|Otherinvestmentrelatedcashreceipts|||
|Subtotalofcashflowinfrominvestmentactivity|3,711.89|220.00|
|Cashpaidforconstruction/purchaseoffixedassets,intangibleassetsandotherlongtermassets|27,525,982.75|49,904,732.71|
|Cashpaidforinvestment|||
|Netincreaseofhypothecatedloans|||
|Netcashreceivedfrompaymentbysubsidiariesandotheroperatingunits|||
|Otherinvestmentrelatedcashpayments|||
|Subtotalofcashflowoutfrominvestmentactivity|27,525,982.75|49,904,732.71|
|Netcashflowarisingfrominvestmentactivities|-27,522,270.86|-49,904,512.71|
|III.Cashflowsarisingfromfundraisingactivities:|||
|Cashreceivedfromabsorptionofinvestment|||
|Incl.:Cashreceivedfromsubsidiaries’absorptionof|||

FIYTAHOLDINGSLTD. 20171st QuarterlyReport,FullText
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|-|-|-|
|minorityshareholders’investment|||
|Cashreceivedfromborrowings|150,000,000.00|315,000,000.00|
|Cashreceivedfrombondissuing|||
|Otherfund-raisingrelatedcashreceipts|||
|Subtotalofcashflowinfromfundraisingactivity|150,000,000.00|315,000,000.00|
|Cashpaidforliabilitiesrepayment|287,848,859.66|443,053,583.30|
|Cashpaidfordividend/profitdistributionorrepaymentofinterest|11,238,305.01|33,673,252.94|
|Including:Dividendandprofitpaidbysubsidiariestominorityshareholders|||
|Otherfund-raisingrelatedcashpayments||992,669.19|
|Subtotalofcashflowoutfromfundraisingactivity|299,087,164.67|477,719,505.43|
|Netcashflowarisingfromfund-raisingactivities|-149,087,164.67|-162,719,505.43|
|IV.Influencefromchangeofexchangerateuponcashandcashequivalents|-307,456.06|-173,188.97|
|V.Netincreaseofcashandcashequivalents|-53,998,992.47|-115,302,021.96|
|Plus:Openingbalanceofcashandcashequivalents|427,227,755.81|637,387,875.93|
|VI.Endingbalanceofcashandcashequivalents|373,228,763.34|522,085,853.97|

Legal representative: Xu Dongsheng Chief Financial Officer: Chen Zhuo Person in charge of the AccountingDepartment:TianHui
6. CashFlowStatement,Parent Company
InCNY
||||
|-|-|-|
|Items|Amountincurredinthereporting|Amountincurredinthepreviousperiod|

FIYTAHOLDINGSLTD. 20171st QuarterlyReport,FullText
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|-|-|-|
||period||
|I.Netcashflowsarisingfromoperatingactivities:|||
|Cashreceivedfromsalesofgoodsandsupplyoflabor|24,955,185.50|23,691,590.71|
|Rebatedtaxesreceived|||
|Otheroperationactivityrelatedcashreceipts|82,490,973.36|1,037,138.23|
|Subtotalofcashflowinfromoperatingactivity|107,446,158.86|24,728,728.94|
|Cashpaidforpurchaseofgoodsandreceptionoflaborservices|||
|Cashpaidtoandforstaff|19,491,631.31|22,276,696.93|
|Taxespaid|2,703,524.81|2,132,790.01|
|Otherbusinessactivityrelatedcashpayments|8,080,814.04|98,776,583.80|
|Subtotalofcashflowoutfromoperatingactivity|30,275,970.16|123,186,070.74|
|Netcashflowarisingfromoperatingactivities|77,170,188.70|-98,457,341.80|
|II.Cashflowsarisingfrominvestmentactivities:|||
|Cashreceivedfromrecoveryofinvestment|||
|Cashreceivedfrominvestmentincome||112,000,000.00|
|Netamountofcashreceivedfromdisposaloffixedassets,intangibleassetsandotherlongtermassets|||
|Netcashreceivedfromdisposalofsubsidiariesandotheroperatingunits|||
|Otherinvestmentrelatedcashreceipts|||
|Subtotalofcashflowinfrominvestmentactivity||112,000,000.00|
|Cashpaidfor|12,737,502.11|29,283,647.41|

FIYTAHOLDINGSLTD. 20171st QuarterlyReport,FullText
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|-|-|-|
|construction/purchaseoffixedassets,intangibleassetsandotherlongtermassets|||
|Cashpaidforinvestment||42,270,000.00|
|Netcashreceivedfrompaymentbysubsidiariesandotheroperatingunits|||
|Otherinvestmentrelatedcashpayments|||
|Subtotalofcashflowoutfrominvestmentactivity|12,737,502.11|71,553,647.41|
|Netcashflowarisingfrominvestmentactivities|-12,737,502.11|40,446,352.59|
|III.Cashflowsarisingfromfundraisingactivities:|||
|Cashreceivedfromabsorptionofinvestment|||
|Cashreceivedfromborrowings|150,000,000.00|315,000,000.00|
|Cashreceivedfrombondissuing|||
|Otherfund-raisingrelatedcashreceipts|||
|Subtotalofcashflowinfromfundraisingactivity|150,000,000.00|315,000,000.00|
|Cashpaidforliabilitiesrepayment|270,000,000.00|400,000,000.00|
|Cashpaidfordividend/profitdistributionorrepaymentofinterest|9,659,058.99|29,713,522.43|
|Otherfund-raisingrelatedcashpayments||992,669.19|
|Subtotalofcashflowoutfromfundraisingactivity|279,659,058.99|430,706,191.62|
|Netcashflowarisingfromfund-raisingactivities|-129,659,058.99|-115,706,191.62|
|IV.Influencefromchangeofexchangerateuponcashandcashequivalents|-11,618.11||

FIYTAHOLDINGSLTD. 20171st QuarterlyReport,FullText
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|-|-|-|
|V.Netincreaseofcashandcashequivalents|-65,237,990.51|-173,717,180.83|
|Plus:Openingbalanceofcashandcashequivalents|269,372,926.47|512,294,824.81|
|VI.Endingbalanceofcashandcashequivalents|204,134,935.96|338,577,643.98|

Legal representative: Xu Dongsheng Chief Financial Officer: Chen Zhuo Person in charge of the AccountingDepartment:TianHui
II.Auditors’ Report
HastheFirstQuarterlyReportbeenAudited
No
TheBoard ofDirectors ofFIYTAHoldings Ltd.
April 19,2017