Guangdong Jadiete Holdings Group Company Limited First Quarter Report 2019 GUANGDONG JADIETE HOLDINGS GROUPCOMPANY LIMITED FIRST QUARTER REPORT 2019
2019-017
April 2019
Guangdong Jadiete Holdings Group Company Limited First Quarter Report 2019 Part I Important Notes
The Board of Directors (or the “Board”), the Supervisory Committee as well as the directors, supervisors and senior management of Guangdong Jadiete Holdings Group Company Limited (hereinafter referred to as the “Company”) hereby guarantee the factuality, accuracy and completeness of the contents of this Report and its summary, and shall be jointly and severally liable for any misrepresentations, misleading statements or material omissions therein.
Except for the following directors, all the other directors attended in person the Board meeting forthereview ofthis Report andits summary.
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|-|-|-|-|
|Name|Officetitle|Reasonfornotattendingthemeetinginperson|Proxyentrustedtoattendthemeeting|
|ChenHonghai|Director|Job-relatedreason|ChenDongwei|

Chen Hongcheng, theCompany’s legal representative, Chen Jincai, theCompany’s Chief Financial Officer (CFO), and Zeng Zhihua, head of theCompany’s financial department (equivalent to financial manager) hereby guarantee that the Financial Statements carried in this Report arefactual, accurateand complete.
This Report has been prepared in both Chinese and English. Should there be any discrepancies or misunderstandings between the two versions, the Chinese version shall prevail.
Guangdong Jadiete Holdings Group Company Limited First Quarter Report 2019 Part II Key Corporate Information
I KeyFinancialInformation
Indicatebytickmarkwhetherthereisanyretrospectivelyrestateddatuminthetablebelow.
□Yes√No
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|-|-|-|-|
||Q12019|Q12018|Change(%)|
|Operatingrevenue(RMB)|356,917.07|57,606,553.93|-99.38%|
|Net profit attributable to the listedcompany’sshareholders(RMB)|-2,170,489.40|-2,556,355.94|-15.09%|
|Net profit attributable to the listedcompany’sshareholdersbeforeexceptionalitems(RMB)|-2,254,549.76|-2,723,421.34|-14.70%|
|Net cash generated from/used in operatingactivities(RMB)|-839,954.80|-801,141.44|4.84%|
|Basicearningspershare(RMB/share)|-0.0068|-0.0080|-15.00%|
|Dilutedearningspershare(RMB/share)|-0.0068|-0.0080|-15.00%|
|Weightedaveragereturnonequity(%)|-0.61%|-0.73%|0.12%|
||31March2019|31December2018|Change(%)|
|Totalassets(RMB)|543,540,493.84|544,902,591.70|-0.25%|
|Equity attributable to the listed company’sshareholders(RMB)|336,928,572.24|339,099,061.64|-0.64%|

Exceptionalgainsandlosses:
√Applicable□Notapplicable
Unit:RMB
||||
|-|-|-|
|Item|Q12019|Note|
|Current gains and losses on subsidiaries acquired throughbusiness mergers under same control from period-beginning tomergerdates,net|77,525.28||
|Other gains and losses that meet definition of nonrecurringgain/loss|11,705.34||
|Less:Incometaxeffects|1.58||
|Non-controllinginterestseffects(netoftax)|5,168.68||
|Total|84,060.36|--|

Explanation of why the Company reclassifies as recurrent an exceptional gain/loss item defined or listed in the Explanatory
Guangdong Jadiete Holdings Group Company Limited First Quarter Report 2019 Announcement No. 1 on Information Disclosure for Companies Offering Their Securities to thePublic—Exceptional Gain/Loss Items:
□Applicable√Notapplicable
NosuchcasesfortheReportingPeriod.
II Total Numberof Shareholders and HoldingsofTop 10Shareholders at 31March 2019 1. Numbers of Ordinary Shareholders and Preferred Shareholders with Resumed Voting Rights as well as HoldingsofTop10Shareholders
Unit:share
||||||||
|-|-|-|-|-|-|-|
|Number of ordinary shareholders attheperiod-end||10,968|Number of preferred shareholderswith resumed voting rights at theperiod-end(ifany)||0||
|Top10shareholders|||||||
|Nameofshareholder|Natureofshareholder|Shareholdingpercentage|Totalsharesheld|Privatesharesheld|Sharesinpledgeorfrozen||
||||||Status|Shares|
|SHENZHENSHENGHENGCHANG HUIFUINDUSTRIALCO.,LTD.|Domesticnon-state-ownedlegalperson|36.99%|117,855,000|117,855,000|Pledged|117,855,000|
||||||Frozen|117,855,000|
|SHENZHENRISHENGCHUANGYUANASSETMANAGEMENTCO.,LTD.|Domesticnon-state-ownedlegalperson|10.68%|34,020,000|34,020,000|Pledged|34,020,000|
||||||Frozen|34,020,000|
|GUOTAIJUNANSECURITIES(HONGKONG)LIMITED|Foreignlegalperson|7.71%|24,570,755||||
|SHENZHEN|Domestic|3.81%|12,150,000|12,150,000|Pledged|12,150,000|

Guangdong Jadiete Holdings Group Company Limited First Quarter Report 2019
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|-|-|-|-|-|-|
|LIANHUAHUIRENINDUSTRIALCO.,LTD.|non-state-ownedlegalperson|||Frozen|12,150,000|
|SHENWANHONGYUANSECURITIES(HK)LIMITED|Foreignlegalperson|2.57%|8,179,446|||
|CHINAEVERBRIGHTSECURITIES(HK)LIMITED|Foreignlegalperson|1.33%|4,226,600|||
|FANJIONGYANG|Domesticnaturalperson|0.47%|1,509,100|||
|CHENJIANXING|Domesticnaturalperson|0.46%|1,461,225|||
|XINGYINGSHENG|Domesticnaturalperson|0.28%|905,730|||
|OCBCSECURITIESPRIVATELIMITED|Foreignlegalperson|0.25%|800,041|||
|Top10publicshareholders||||||
|Nameofshareholder||Publicsharesheld||Sharesbytype||
|||||Type|Shares|
|GUOTAIJUNANSECURITIES(HONGKONG)LIMITED||24,570,755||Domesticallylisted foreignstock|24,570,755|
|SHENWAN HONGYUANSECURITIES(HK)LIMITED||8,179,446||Domesticallylisted foreignstock|8,179,446|
|CHINAEVERBRIGHTSECURITIES(HK)LIMITED||4,226,600||Domesticallylisted foreignstock|4,226,600|
|FANJIONGYANG||1,509,100||Domesticallylisted foreign|1,509,100|

Guangdong Jadiete Holdings Group Company Limited First Quarter Report 2019
|||||
|-|-|-|-|
|||stock||
|CHENJIANXING|1,461,225|Domesticallylisted foreignstock|1,461,225|
|XINGYINGSHENG|905,730|Domesticallylisted foreignstock|905,730|
|OCBCSECURITIESPRIVATELIMITED|800,041|Domesticallylisted foreignstock|800,041|
|WEIGUOBIN(NGAIKWOKPAN)|798,616|Domesticallylisted foreignstock|798,616|
|CHENXINYU|772,451|Domesticallylisted foreignstock|772,451|
|CHENJINMING|765,500|Domesticallylisted foreignstock|765,500|
|Related or acting-in-concert partiesamongtheshareholdersabove|ShenzhenShenghengchangHuifuIndustrialCo.,Ltd.,ShenzhenRishengChuangyuanAssetManagementCo.,Ltd.andShenzhenLianhuaHuirenIndustrialCo.,Ltd.wererelatedandacting-in-concertparties.Itwasunknownwhetherthereexistedrelatedoracting-in-concertrelationshipamongothershareholders.|||

Indicate by tick mark whether any of the top 10 ordinary shareholders or the top 10 unrestricted ordinary shareholders of the CompanyconductedanypromissoryrepoduringtheReportingPeriod.
□Yea√No
NosuchcasesintheReportingPeriod.
2.NumberofPreferredShareholdersandShareholdingsofTop10ofThem
□Applicable√Notapplicable
Guangdong Jadiete Holdings Group Company Limited First Quarter Report 2019 Part III Significant Events
I Changes inKeyFinancial StatementLineItems andExplanation ofwhy
√Applicable□Notapplicable
The sales declined during Q1 2019, which was primarily driven by Chinese Gold Nobility which was in a period of adjustment after the share transfer and by many other factors such as the 2018 annual audit, goodwill testing evaluation, the Spring Festival holiday and the tax reduction policy carried out since 1April 2019. The sales of Chinese Gold Nobility is expected to gradually pick up since Q2 2019.
II Progress, InfluenceandSolutions with regard to SignificantEvents
√Applicable□Notapplicable
Asia Pacific (Group) CPAs (Special General Partnership) issued a qualified opinion with emphasis on matter paragraph on theCompany’s financial statements of 2018. The Company made a specific explanation on the items involved in the modified audit opinion. Please refer to the announcement ofthe Company publishedon23April 2019 fordetails.
||||
|-|-|-|
|Summaryofthesignificantevent|Disclosuredate|Indextotherelatedannouncement|
|Specificexplanationontheitems involvedin the qualified opinion with emphasis onmatterparagraphissuedbyCPAfirm|23April2019|Announcement on Items Involved in theQualified Opinion with Emphasis onMatter Paragraph Issued by CPA Firm(announcement No.: 2019-011) publishedonwww.cninfo.com.cn|

Progressofanysharerepurchase:
□Applicable√Notapplicable
Progressofanyreductionoftherepurchasedsharesthroughcentralizedbidding:
□Applicable√Notapplicable
III Commitments that theCompany’s Actual Controller, Shareholders, Related Parties, Acquirers, the Company Itself or Other Parties, Failed to Fulfill on Time during the Reporting Period
□Applicable√Notapplicable
NosuchcasesintheReportingPeriod.
IVOperating Performance Forecast forH1 2019
Warning of a forecast loss on or a forecast significant year-on-year change in the net profit of H1 2019, as well as explanation of
why:
□Applicable√Notapplicable
Guangdong Jadiete Holdings Group Company Limited First Quarter Report 2019 V Securities Investments
□Applicable√Notapplicable
NosuchcasesintheReportingPeriod.
VI Investments inDerivative FinancialInstruments
□Applicable√Notapplicable
NosuchcasesintheReportingPeriod.
VII Communications with the Investment Community such as Researches, Inquiries and Interviews duringthe Reporting Period
√Applicable□Notapplicable
|||||
|-|-|-|-|
|Date|Wayofcommunication|Typeofcommunicationparty|Indextomaininformationcommunicated|
|17January2019|Byphone|Individual|Proposal on share repurchase andsuggestiononbusinesstransformationoftheCompany|
|22January2019|Byphone|Individual|SolutionsoftheCompanytotheproblemthatthestockpriceislowerthanitsfacevalueanditsfutureplanning|
|27March2019|Byphone|Individual|Acquaintance with composition andnumberofshareholders|

VIII Irregularities in theProvisionof Guarantees
□Applicable√Notapplicable
NosuchcasesintheReportingPeriod.
IX Occupation of theCompany’s Capital by the Controlling Shareholder or Its Related Parties forNon-Operating Purposes
□Applicable√Notapplicable
NosuchcasesintheReportingPeriod.
Guangdong Jadiete Holdings Group Company Limited First Quarter Report 2019 Part IV Financial Statements
I FinancialStatements
1.ConsolidatedBalanceSheet
PreparedbyGuangdongJadieteHoldingsGroupCompanyLimited
31March2019
Unit:RMB
||||
|-|-|-|
|Item|31March2019|31December2018|
|Currentassets:|||
|Monetarycapital|694,945.43|1,613,340.23|
|Settlementreserve|||
|Interbankloansgranted|||
|Tradingfinancialassets|||
|Financial assets at fair value throughprofitorloss|||
|Derivativefinancialassets|||
|Notesandaccountsreceivable|21,902,443.01|22,021,179.73|
|Including:Notesreceivable|||
|Accountsreceivable|21,902,443.01|22,021,179.73|
|Prepayments|31,021,969.48|30,946,946.32|
|Premiumsreceivable|||
|Reinsurancereceivables|||
|Receivablereinsurancecontractreserve|||
|Otherreceivables|4,906,918.34|4,189,883.29|
|Including:Interestreceivable|||
|Dividendsreceivable|||
|Financial assets purchased under resaleagreements|||
|Inventories|158,913,468.36|158,915,234.32|
|Contractualassets|||
|Assetsclassifiedasheldforsale|149,998,221.71|149,998,221.71|
|Currentportionofnon-currentassets|||
|Othercurrentassets|23,611,007.28|23,600,078.85|

Guangdong Jadiete Holdings Group Company Limited First Quarter Report 2019
||||
|-|-|-|
|Totalcurrentassets|391,048,973.61|391,284,884.45|
|Non-currentassets:|||
|Loansandadvancestocustomers|||
|Investmentsindebtobligations|||
|Available-for-salefinancialassets|||
|Investmentsinotherdebtobligations|||
|Held-to-maturityinvestments|||
|Long-termreceivables|||
|Long-termequityinvestments|100,600,000.00|100,600,000.00|
|Investmentsinotherequityinstruments|||
|Othernon-currentfinancialassets|||
|Investmentproperty|4,708,489.66|4,774,374.35|
|Fixedassets|34,421,060.49|34,965,810.73|
|Constructioninprogress|||
|Productivelivingassets|||
|Oilandgasassets|||
|Right-of-useassets|||
|Intangibleassets|8,252,366.70|8,444,458.00|
|R&Dexpense||300,705.00|
|Goodwill|||
|Long-termprepaidexpense|513,416.45|536,172.24|
|Deferredincometaxassets|3,996,186.93|3,996,186.93|
|Othernon-currentassets|||
|Totalnon-currentassets|152,491,520.23|153,617,707.25|
|Totalassets|543,540,493.84|544,902,591.70|
|Currentliabilities:|||
|Short-termborrowings|||
|Borrowingsfromcentralbank|||
|Interbankloansobtained|||
|Tradingfinancialliabilities|||
|Financialliabilitiesat fair valuethroughprofitorloss|||
|Derivativefinancialliabilities|||
|Notesandaccountspayable|16,152,089.26|16,141,549.26|
|Advancesfromcustomers|86,238,828.32|86,215,991.53|

Guangdong Jadiete Holdings Group Company Limited First Quarter Report 2019
||||
|-|-|-|
|Financial assets sold under repurchaseagreements|||
|Customer deposits and interbankdeposits|||
|Payablesforactingtradingofsecurities|||
|Payablesforunderwritingofsecurities|||
|Payrollpayable|1,440,454.35|1,369,295.25|
|Taxespayable|24,190,506.74|23,985,993.86|
|Otherpayables|47,325,780.82|46,728,023.22|
|Including:Interestpayable|||
|Dividendspayable|||
|Handling charges and commissionspayable|||
|Reinsurancepayables|||
|Contractualliabilities|||
|Liabilitiesdirectlyassociatedwithassetsclassifiedasheldforsale|||
|Currentportionofnon-currentliabilities|29,776.00|59,552.00|
|Othercurrentliabilities|||
|Totalcurrentliabilities|175,377,435.49|174,500,405.12|
|Non-currentliabilities:|||
|Insurancecontractreserve|||
|Long-termborrowings|||
|Bondspayable|||
|Including:Preferredshares|||
|Perpetualbonds|||
|Leaseliabilities|||
|Long-termpayables|||
|Long-termpayrollpayable|||
|Provisions|||
|Deferredincome|||
|Deferredincometaxliabilities|||
|Othernon-currentliabilities|||
|Totalnon-currentliabilities|||
|Totalliabilities|175,377,435.49|174,500,405.12|
|Owners’equity:|||

Guangdong Jadiete Holdings Group Company Limited First Quarter Report 2019
||||
|-|-|-|
|Sharecapital|318,600,000.00|318,600,000.00|
|Otherequityinstruments|||
|Including:Preferredshares|||
|Perpetualbonds|||
|Capitalreserves|52,303,274.80|52,303,274.80|
|Less:Treasurystock|||
|Othercomprehensiveincome|||
|Specificreserve|||
|Surplusreserves|86,036,260.20|86,036,260.20|
|Generalreserve|||
|Retainedearnings|-120,010,962.76|-117,840,473.36|
|Total equity attributable to owners of theCompanyastheparent|336,928,572.24|339,099,061.64|
|Non-controllinginterests|31,234,486.11|31,303,124.94|
|Totalowners’equity|368,163,058.35|370,402,186.58|
|Totalliabilitiesandowners’equity|543,540,493.84|544,902,591.70|

 Legalrepresentative:ChenHongcheng ChiefFinancialOfficer:ChenJincai Headoffinancialdepartment:ZengZhihua 2.BalanceSheetoftheCompanyastheParent
Unit:RMB
||||
|-|-|-|
|Item|31March2019|31December2018|
|Currentassets:|||
|Monetarycapital|136,676.92|150,376.48|
|Tradingfinancialassets|||
|Financial assets at fair value throughprofitorloss|||
|Derivativefinancialassets|||
|Notesandaccountsreceivable|||
|Including:Notesreceivable|||
|Accountsreceivable|||
|Prepayments|||
|Otherreceivables|124,056,457.68|124,003,172.06|
|Including:Interestreceivable|||
|Dividendsreceivable|||

Guangdong Jadiete Holdings Group Company Limited First Quarter Report 2019
||||
|-|-|-|
|Inventories|||
|Contractualassets|||
|Assetsclassifiedasheldforsale|149,998,221.71|149,998,221.71|
|Currentportionofnon-currentassets|||
|Othercurrentassets|||
|Totalcurrentassets|274,191,356.31|274,151,770.25|
|Non-currentassets:|||
|Investmentsindebtobligations|||
|Available-for-salefinancialassets|||
|Investmentsinotherdebtobligations|||
|Held-to-maturityinvestments|||
|Long-termreceivables|||
|Long-termequityinvestments|180,600,008.26|180,758,208.26|
|Investmentsinotherequityinstruments|||
|Othernon-currentfinancialassets|||
|Investmentproperty|4,708,489.66|4,774,374.35|
|Fixedassets|32,892,230.34|33,386,544.09|
|Constructioninprogress|||
|Productivelivingassets|||
|Oilandgasassets|||
|Right-of-useassets|||
|Intangibleassets|8,252,366.70|8,316,682.67|
|R&Dexpense|||
|Goodwill|||
|Long-termprepaidexpense|||
|Deferredincometaxassets|2,565,371.57|2,565,371.57|
|Othernon-currentassets|||
|Totalnon-currentassets|229,018,466.53|229,801,180.94|
|Totalassets|503,209,822.84|503,952,951.19|
|Currentliabilities:|||
|Short-termborrowings|||
|Tradingfinancialliabilities|||
|Financialliabilitiesat fair valuethroughprofitorloss|||
|Derivativefinancialliabilities|||

Guangdong Jadiete Holdings Group Company Limited First Quarter Report 2019
||||
|-|-|-|
|Notesandaccountspayable|19,442.64|19,442.64|
|Advancesfromcustomers|75,178,103.66|75,178,103.66|
|Contractualliabilities|||
|Payrollpayable|1,168,967.57|930,883.49|
|Taxespayable|16,934,077.81|16,728,652.55|
|Otherpayables|15,464,848.51|14,802,406.86|
|Including:Interestpayable|||
|Dividendspayable|||
|Liabilitiesdirectlyassociatedwithassetsclassifiedasheldforsale|||
|Currentportionofnon-currentliabilities|||
|Othercurrentliabilities|||
|Totalcurrentliabilities|108,765,440.19|107,659,489.20|
|Non-currentliabilities:|||
|Long-termborrowings|||
|Bondspayable|||
|Including:Preferredshares|||
|Perpetualbonds|||
|Leaseliabilities|||
|Long-termpayables|||
|Long-termpayrollpayable|||
|Provisions|||
|Deferredincome|||
|Deferredincometaxliabilities|||
|Othernon-currentliabilities|||
|Totalnon-currentliabilities|||
|Totalliabilities|108,765,440.19|107,659,489.20|
|Owners’equity:|||
|Sharecapital|318,600,000.00|318,600,000.00|
|Otherequityinstruments|||
|Including:Preferredshares|||
|Perpetualbonds|||
|Capitalreserves|52,129,496.58|52,129,496.58|
|Less:Treasurystock|||
|Othercomprehensiveincome|||

Guangdong Jadiete Holdings Group Company Limited First Quarter Report 2019
||||
|-|-|-|
|Specificreserve|||
|Surplusreserves|86,036,260.20|86,036,260.20|
|Retainedearnings|-62,321,374.13|-60,472,294.79|
|Totalowners’equity|394,444,382.65|396,293,461.99|
|Totalliabilitiesandowners’equity|503,209,822.84|503,952,951.19|

 3.ConsolidatedIncomeStatement
Unit:RMB
||||
|-|-|-|
|Item|Q12019|Q12018|
|1.Revenue|356,917.07|57,606,553.93|
|Including:Operatingrevenue|356,917.07|57,606,553.93|
|Interestincome|||
|Premiumincome|||
|Handling charge and commissionincome|||
|2.Costsandexpenses|2,685,275.92|59,994,487.09|
|Including:Costofsales|343,696.74|56,716,435.55|
|Interestexpense|||
|Handling charge and commissionexpense|||
|Surrenders|||
|Netclaimspaid|||
|Net amount provided as insurancecontractreserve|||
|Expenditureonpolicydividends|||
|Reinsurancepremiumexpense|||
|Taxesandsurcharges|208,118.60|261,768.50|
|Sellingexpense|212,521.91|767,796.25|
|Administrativeexpense|2,176,433.92|2,726,867.20|
|R&Dexpense|||
|Financecosts|-143,534.78|-265,940.38|
|Including:Interestexpense|||
|Interestincome|||
|Assetimpairmentloss|-111,960.47|-212,440.03|
|Creditimpairmentloss|||

Guangdong Jadiete Holdings Group Company Limited First Quarter Report 2019
||||
|-|-|-|
|Add:Otherincome|||
|Returnoninvestment(“-”forloss)|77,525.28||
|Including:Shareofprofitorlossofjointventuresandassociates|||
|Foreignexchangegain(“-”forloss)|||
|Netgainonexposurehedges(“-”forloss)|||
|Gainonchangesinfairvalue(“-”forloss)||-960.00|
|Assetdisposalincome(“-”forloss)|||
|3.Operatingprofit(“-”forloss)|-2,250,833.57|-2,388,893.16|
|Add:Non-operatingincome|13,276.95||
|Less:Non-operatingexpense|1,571.61|185,612.81|
|4.Profitbeforetax(“-”forloss)|-2,239,128.23|-2,574,505.97|
|Less:Incometaxexpense|0.00|16,922.64|
|5.Netprofit(“-”fornetloss)|-2,239,128.23|-2,591,428.61|
|5.1Byoperatingcontinuity|||
|5.1.1 Net profit from continuing operations(“-”fornetloss)|||
|5.1.2 Net profit from discontinuedoperations(“-”fornetloss)|||
|5.2Byownership|||
|5.2.1NetprofitattributabletoownersoftheCompanyastheparent|-2,170,489.40|-2,556,355.94|
|5.2.2 Net profit attributable tonon-controllinginterests|-68,638.83|-35,072.67|
|6.Othercomprehensiveincome,netoftax|||
|Attributableto owners of theCompany as theparent|||
|6.1 Items that will not be reclassified toprofitorloss|||
|6.1.1Changescausedbyremeasurementsondefinedbenefitpensionschemes|||
|6.1.2 Other comprehensive income thatwillnotbereclassifiedtoprofitorlossundertheequitymethod|||
|6.1.3 Changes in the fair value ofinvestmentsinotherequityinstruments|||
|6.1.4 Changes in the fair value of thecompany’screditrisks|||
|6.1.5Other|||

Guangdong Jadiete Holdings Group Company Limited First Quarter Report 2019
||||
|-|-|-|
|6.2 Items that will be reclassified to profitorloss|||
|6.2.1 Other comprehensive income thatwill be reclassified to profit or loss under theequitymethod|||
|6.2.2 Changes in the fair value ofinvestmentsinotherdebtobligations|||
|6.2.3 Gain/Loss on changes in the fairvalueofavailable-for-salefinancialassets|||
|6.2.4 Other comprehensive incomearising from the reclassification of financialassets|||
|6.2.5 Gain/Loss arising from thereclassification of held-to-maturity investmentstoavailable-for-salefinancialassets|||
|6.2.6Allowanceforcreditimpairmentsininvestmentsinotherdebtobligations|||
|6.2.7Reserveforcashflowhedges|||
|6.2.8 Differences arising from thetranslation of foreign currency-denominatedfinancialstatements|||
|6.2.9Other|||
|Attributabletonon-controllinginterests|||
|7.Totalcomprehensiveincome|-2,239,128.23|-2,591,428.61|
|Attributableto owners of theCompany as theparent|-2,170,489.40|-2,556,355.94|
|Attributabletonon-controllinginterests|-68,638.83|-35,072.67|
|8.Earningspershare|||
|8.1Basicearningspershare|-0.0068|-0.0080|
|8.2Dilutedearningspershare|-0.0068|-0.0080|

 Wherebusinesscombinationsundercommoncontroloccurredinthecurrentperiod,thenetprofit achievedbytheacquireesbefore thecombinationswasRMB0.00,withtheamountforthesameperiodoflastyearbeingRMB0.00.
Legalrepresentative:ChenHongcheng ChiefFinancialOfficer:ChenJincai Headoffinancialdepartment:ZengZhihua 4.IncomeStatementoftheCompanyastheParent
Unit:RMB
||||
|-|-|-|
|Item|Q12019|Q12018|
|1.Operatingrevenue|0.00|0.00|
|Less:Costofsales|0.00|0.00|

Guangdong Jadiete Holdings Group Company Limited First Quarter Report 2019
||||
|-|-|-|
|Taxesandsurcharges|207,000.00|207,000.00|
|Sellingexpense|||
|Administrativeexpense|1,638,847.37|1,991,414.09|
|R&Dexpense|||
|Financecosts|3,078.72|1,326.83|
|Including:Interestexpense|||
|Interestincome|||
|Assetimpairmentloss|||
|Creditimpairmentloss|||
|Add:Otherincome|||
|Returnoninvestment(“-”forloss)|||
|Including: Share of profit orlossofjointventuresandassociates|||
|Netgainonexposurehedges(“-”forloss)|||
|Gainonchangesinfairvalue(“-”forloss)|||
|Assetdisposalincome(“-”forloss)|||
|2.Operatingprofit(“-”forloss)|-1,848,926.09|-2,199,740.92|
|Add:Non-operatingincome|||
|Less:Non-operatingexpense|153.25|138.68|
|3.Profitbeforetax(“-”forloss)|-1,849,079.34|-2,199,879.60|
|Less:Incometaxexpense|||
|4.Netprofit(“-”fornetloss)|-1,849,079.34|-2,199,879.60|
|4.1 Net profit from continuingoperations(“-”fornetloss)|||
|4.2 Net profit from discontinuedoperations(“-”fornetloss)|||
|5. Other comprehensive income, net oftax|||
|5.1Itemsthatwillnotbereclassifiedtoprofitorloss|||
|5.1.1 Changes caused byremeasurements on defined benefitpensionschemes|||

Guangdong Jadiete Holdings Group Company Limited First Quarter Report 2019
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|-|-|-|
|5.1.2Othercomprehensiveincomethat will not be reclassified to profit orlossundertheequitymethod|||
|5.1.3 Changes in the fair value ofinvestmentsinotherequityinstruments|||
|5.1.4 Changes in the fair value ofthecompany’screditrisks|||
|5.1.5Other|||
|5.2 Items that will be reclassified toprofitorloss|||
|5.2.1Othercomprehensiveincomethatwill bereclassified toprofit orlossundertheequitymethod|||
|5.2.2 Changes in the fair value ofinvestmentsinotherdebtobligations|||
|5.2.3 Gain/Loss on changes in thefair value of available-for-sale financialassets|||
|5.2.4Othercomprehensiveincomearising from the reclassification offinancialassets|||
|5.2.5 Gain/Loss arising from thereclassification of held-to-maturityinvestments to available-for-salefinancialassets|||
|5.2.6 Allowance for creditimpairments in investments in otherdebtobligations|||
|5.2.7Reserveforcashflowhedges|||
|5.2.8 Differences arising from thetranslation of foreigncurrency-denominated financialstatements|||
|5.2.9Other|||
|6.Totalcomprehensiveincome|-1,849,079.34|-2,199,879.60|
|7.Earningspershare|||
|7.1Basicearningspershare|-0.01|-0.0069|
|7.2Dilutedearningspershare|-0.01|-0.0069|

5.ConsolidatedCashFlowStatement
Unit:RMB
Guangdong Jadiete Holdings Group Company Limited First Quarter Report 2019
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|-|-|-|
|Item|Q12019|Q12018|
|1.Cashflowsfromoperatingactivities:|||
|Proceeds from sale of commoditiesandrenderingofservices|718,679.08|211,473,339.36|
|Net increase in customer depositsandinterbankdeposits|||
|Net increase in borrowings from thecentralbank|||
|Net increase in loans from otherfinancialinstitutions|||
|Premiums received on originalinsurancecontracts|||
|Netproceedsfromreinsurance|||
|Net increase in deposits andinvestmentsofpolicyholders|||
|Net increase in proceeds fromdisposaloffinancialassetsatfairvaluethroughprofitorloss|||
|Interest, handling charges andcommissionsreceived|||
|Net increase in interbank loansobtained|||
|Net increase in proceeds fromrepurchasetransactions|||
|Net proceeds from acting trading ofsecurities|||
|Taxrebates|||
|Cash generated from other operatingactivities|1,660,032.63|1,032,069.64|
|Subtotal of cash generated fromoperatingactivities|2,378,711.71|212,505,409.00|
|Payments for commodities andservices|663,327.85|210,165,093.52|
|Net increase in loans and advancestocustomers|||
|Net increase in deposits in thecentral bank and in interbank loansgranted|||
|Payments for claims on originalinsurancecontracts|||
|Net increase in financial assets heldfortradingpurposes|||

Guangdong Jadiete Holdings Group Company Limited First Quarter Report 2019
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|-|-|-|
|Net increase in interbank loansgranted|||
|Interest, handling charges andcommissionspaid|||
|Policydividendspaid|||
|Cashpaidtoandforemployees|826,811.18|1,239,188.53|
|Taxespaid|2,656.45|347,037.92|
|Cash used in other operatingactivities|1,725,871.03|1,555,230.47|
|Subtotal of cash used in operatingactivities|3,218,666.51|213,306,550.44|
|Net cash generated from/used inoperatingactivities|-839,954.80|-801,141.44|
|2.Cashflowsfrominvestingactivities:|||
|Proceedsfromdisinvestment|||
|Returnoninvestment|||
|Net proceeds from the disposal offixedassets,intangibleassetsandotherlong-livedassets|||
|Net proceeds from the disposal ofsubsidiariesandotherbusinessunits|||
|Cash generated from other investingactivities|||
|Subtotal of cash generated frominvestingactivities|||
|Paymentsfortheacquisitionoffixedassets, intangible assets and otherlong-livedassets|46,760.94|126,000.00|
|Paymentsforinvestments|||
|Net increase in pledged loansgranted|||
|Net payments for the acquisition ofsubsidiariesandotherbusinessunits|30,000.00||
|Cash used in other investingactivities|||
|Subtotal of cash used in investingactivities|76,760.94|126,000.00|
|Net cash generated from/used ininvestingactivities|-76,760.94|-126,000.00|
|3.Cashflowsfromfinancingactivities:|||
|Capitalcontributionsreceived|||

Guangdong Jadiete Holdings Group Company Limited First Quarter Report 2019
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|-|-|-|
|Including: Capital contributionsby non-controlling interests tosubsidiaries|||
|Borrowingsobtained|||
|Net proceeds from the issuance ofbonds|||
|Cash generated from other financingactivities|||
|Subtotal of cash generated fromfinancingactivities|||
|Repaymentsofborrowings|||
|Paymentsforinterestanddividends|||
|Including: Dividends paid bysubsidiariestonon-controllinginterests|||
|Cash used in other financingactivities|||
|Subtotal of cash used in financingactivities|||
|Net cash generated from/used infinancingactivities|||
|4. Effect of foreign exchange ratechangesoncashandcashequivalents|-14.73|-48.59|
|5. Net increase in cash and cashequivalents|-916,730.47|-927,190.03|
|Add: Cash and cash equivalents,beginningoftheperiod|1,611,675.90|3,076,199.38|
|6. Cash and cash equivalents, end oftheperiod|694,945.43|2,149,009.35|

6.CashFlowStatementoftheCompanyastheParent
Unit:RMB
||||
|-|-|-|
|Item|Q12019|Q12018|
|1.Cashflowsfromoperatingactivities:|||
|Proceeds from sale of commoditiesandrenderingofservices|||
|Taxrebates|||
|Cash generated from other operatingactivities|786,506.59|421,253.54|
|Subtotal of cash generated fromoperatingactivities|786,506.59|421,253.54|
|Payments for commodities and|||

Guangdong Jadiete Holdings Group Company Limited First Quarter Report 2019
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|-|-|-|
|services|||
|Cashpaidtoandforemployees|161,860.96|232,990.09|
|Taxespaid|1,923.91|19,389.87|
|Cash used in other operatingactivities|606,421.28|187,674.36|
|Subtotal of cash used in operatingactivities|770,206.15|440,054.32|
|Net cash generated from/used inoperatingactivities|16,300.44|-18,800.78|
|2.Cashflowsfrominvestingactivities:|||
|Proceedsfromdisinvestment|||
|Returnoninvestment|||
|Net proceeds from the disposal offixedassets,intangibleassetsandotherlong-livedassets|||
|Net proceeds from the disposal ofsubsidiariesandotherbusinessunits|||
|Cash generated from other investingactivities|||
|Subtotal of cash generated frominvestingactivities|||
|Paymentsfortheacquisitionoffixedassets, intangible assets and otherlong-livedassets|||
|Paymentsforinvestments|||
|Net payments for the acquisition ofsubsidiariesandotherbusinessunits|30,000.00||
|Cash used in other investingactivities|||
|Subtotal of cash used in investingactivities|30,000.00||
|Net cash generated from/used ininvestingactivities|-30,000.00||
|3.Cashflowsfromfinancingactivities:|||
|Capitalcontributionsreceived|||
|Borrowingsobtained|||
|Net proceeds from the issuance ofbonds|||
|Cash generated from other financingactivities|||
|Subtotal of cash generated from|||

Guangdong Jadiete Holdings Group Company Limited First Quarter Report 2019
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|-|-|-|
|financingactivities|||
|Repaymentsofborrowings|||
|Paymentsforinterestanddividends|||
|Cash used in other financingactivities|||
|Subtotal of cash used in financingactivities|||
|Net cash generated from/used infinancingactivities|||
|4. Effect of foreign exchange ratechangesoncashandcashequivalents|||
|5. Net increase in cash and cashequivalents|-13,699.56|-18,800.78|
|Add: Cash and cash equivalents,beginningoftheperiod|150,376.48|166,675.93|
|6. Cash and cash equivalents, end oftheperiod|136,676.92|147,875.15|

II Adjustments totheFinancialStatements
1. Adjustments to the Financial Statements at the Beginning of the First Execution Year of any New StandardsGoverningFinancialInstruments,RevenueorLeases
□Applicable√Notapplicable
2. Retrospective Restatement of Previous Comparative Data due to the First Execution of any New StandardsGoverningFinancialInstrumentsorLeases
□Applicable√Notapplicable
IIIIndependentAuditor’s Report
Indicatebytickmarkwhetherthefinancialstatementsabovehavebeenauditedbyanindependentauditor.
□Yes√No
Thesefinancialstatementshavenotbeenauditedbysuchanauditor.