Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014 Dongxu Optoelectronic Technology Co., Ltd.
The Semi-annual Financial Report 2014
Ⅰ. Audit report
Has this semi-annual report been audited?
□ Yes√ No
The semi-annual financial report has not been audited.
II. Financial statements
Currency unit for the statements in the notes to these financial statements:RMB
1.Consolidated Balance sheet
Prepared by: Dongxu Optoelectronic Technology Co., Ltd.
In RMB
||||
|-|-|-|
|Items|Year-end balance|Year-beginning balance|
|Current asset：|||
|Monetary fund|1,732,658,157.43|2,586,660,951.04|
|Settlement provision|||
|Outgoing call loan|||
|Trading financial assets|||
|Bill receivable|397,800,000.00||
|Account receivable|1,579,215,223.12|943,285,462.11|
|Prepayments|3,814,217,028.77|2,788,962,137.94|
|Insurance receivable|||
|Reinsurance receivable|||
|Provisions of Reinsurance contracts|||
|receivable|||
|Interest receivable|||
|Dividend receivable|||
|Other account receivable|62,113,548.66|29,300,640.49|
|Repurchasing of financial assets|||

Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014
||||
|-|-|-|
|Inventories|202,650,541.65|298,619,165.08|
|Non-current asset due in 1 year|||
|Other current asset|94,813,548.62|75,632,804.57|
|Total of current assets|7,883,468,048.25|6,722,461,161.23|
|Non-current assets：|||
|Loans and payment on other’s behalf|||
|disbursed|||
|Disposable financial asset|||
|Expired investment in possess|||
|Long-term receivable|||
|Long term share equity investment|||
|Property investment||12,216,614.26|
|Fixed assets|1,377,164,492.17|141,108,554.36|
|Construction in progress|1,449,231,729.09|1,914,118,112.98|
|Engineering material|7,807,847.40|112,687,660.04|
|Fixed asset disposal|||
|Production physical assets|||
|Gas & petrol|||
|Intangible assets|167,448,036.26|112,787,665.77|
|R & D petrol|2,307,406.77||
|Goodwill|||
|Long-germ expenses to be amortized|||
|Differed income tax asset|67,928,347.12|17,598,632.50|
|Other non-current asset|||
|Total of non-current assets|3,071,887,858.81|2,310,517,239.91|
|Total of assets|10,955,355,907.06|9,032,978,401.14|
|Current liabilities|||
|Short-term loans|540,000,000.00|580,000,000.00|
|Loan from Central Bank|||
|Deposit received and hold for others|||
|Call loan received|||
|Trade off financial liabilities|||
|Bill payable|705,000,000.00|150,000,000.00|
|Account payable|351,494,831.35|134,665,580.06|

Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014
||||
|-|-|-|
|Advance payment|13,611,157.83|3,451,630.20|
|Selling of repurchased financial|||
|assets|||
|Fees and commissions receivable|||
|Employees’ wage payable|19,316,740.46|17,885,009.53|
|Tax payable|-161,525,662.87|-168,850,322.26|
|Interest payable|5,543,923.61||
|Dividend payable|||
|Other account payable|87,201,521.76|46,922,065.04|
|Reinsurance fee payable|||
|Insurance contract provision|||
|Entrusted trading of securities|||
|Entrusted selling of securities|||
|Non-current liability due in 1 year|||
|Other current liability|61,548,000.00|60,989,000.00|
|Total of current liability|1,622,190,512.14|825,062,962.57|
|Non-current liabilities：|||
|Long-term loan|3,000,000,000.00|2,300,000,000.00|
|Bond payable|||
|Long-term payable|||
|Special payable|||
|Expected liabilities|||
|Differed income tax liability|||
|Other non-current liabilities|19,865,000.00|33,714,000.00|
|Differed income|3,019,865,000.00|2,333,714,000.00|
|Total of liability|4,642,055,512.14|3,158,776,962.57|
|Owners’ equity|||
|Share capital|2,709,000,000.00|903,000,000.00|
|Capital reserves|3,130,613,311.80|4,936,613,311.80|
|Less：Shares in stock|||
|Special reserves|||
|Surplus reserves|27,454,788.05|27,454,788.05|
|Common risk provision|||
|Undistributed profit|354,142,276.09|-53,394,384.81|

Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014
||||
|-|-|-|
|Different of foreign currency|||
|translation|||
|Total of owner’s equity belong to the|||
||6,221,210,375.94|5,813,673,715.04|
|parent company|||
|Minority shareholders’ equity|92,090,018.98|60,527,723.53|
|Total of owners’ equity|6,313,300,394.92|5,874,201,438.57|
|Total of liabilities and owners’ equity|10,955,355,907.06|9,032,978,401.14|

 2. Balance sheet of the Parent Company
Prepared by: Dongxu Optoelectronic Technology Co., Ltd. In RMB
||||
|-|-|-|
|Items|Year-end balance|Year-beginning balance|
|Current asset：|||
|Monetary fund|86,717,982.80|29,805,307.79|
|Trading financial assets|||
|Bill receivable|||
|Account receivable|24,820,022.80|16,547,491.42|
|Prepayments|24,839,328.26|25,310,796.89|
|Interest receivable|||
|Dividend receivable|||
|Other account receivable|179,758,741.09|432,062,236.88|
|Inventories|17,125,753.17|19,766,175.81|
|Non-current asset due in 1 year|||
|Other current asset|19,211.84|19,211.84|
|Total of current assets|333,281,039.96|523,511,220.63|
|Non-current assets：|||
|Disposable financial asset|||
|Expired investment in possess|||
|Long-term receivable|||
|Long term share equity investment|5,068,912,035.49|4,728,458,306.96|
|Property investment||4,203,586.44|
|Fixed assets|58,752,553.02|31,342,639.14|
|Construction in progress||23,712,084.39|
|Engineering material|||
|Fixed asset disposal|||

Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014
||||
|-|-|-|
|Production physical assets|||
|Gas & petrol|||
|Intangible assets|10,684,396.66|10,847,178.52|
|R & D petrol|||
|Goodwill|||
|Long-germ expenses to be amortized|||
|Differed income tax asset|8,034,510.33|8,034,510.33|
|Other non-current asset|||
|Total of non-current assets|5,146,383,495.50|4,806,598,305.78|
|Total of assets|5,479,664,535.46|5,330,109,526.41|
|Current liabilities|||
|Short-term loans|100,000,000.00||
|Trade off financial liabilities|||
|Bill payable|||
|Account payable|14,553,659.93|16,158,244.45|
|Advance payment|1,003,175.40|6,702,336.70|
|Employees’ wage payable|3,557,092.36|3,964,746.75|
|Tax payable|1,178,822.18|1,676,183.24|
|Interest payable|||
|Dividend payable|||
|Other account payable|169,890,774.09|105,904,670.83|
|Non-current liability due in 1 year|||
|Other current liability|20,000.00|20,000.00|
|Total of current liability|290,203,523.96|134,426,181.97|
|Non-current liabilities：|||
|Long-term loan|||
|Bond payable|||
|Long-term payable|||
|Special payable|||
|Expected liabilities|||
|Differed income tax liability|||
|Other non-current liabilities|45,000.00|45,000.00|
|Total of Non-current liabilities|45,000.00|45,000.00|
|Total of liability|290,248,523.96|134,471,181.97|

Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014
||||
|-|-|-|
|Owners’ equity|||
|Share capital|2,709,000,000.00|903,000,000.00|
|Capital reserves|2,993,360,997.35|4,799,360,997.35|
|Less：Shares in stock|||
|Special reserves|||
|Surplus reserves|32,204,150.60|32,204,150.60|
|Commonly risk Reserves|||
|Undistributed profit|-545,149,136.45|-538,926,803.51|
|Different of foreign currency|||
|translation|||
|Total of owners’ equity|5,189,416,011.50|5,195,638,344.44|
|Total of liabilities and owners’ equity|5,479,664,535.46|5,330,109,526.41|

 3. Consolidated Profit statement
Prepared by: Dongxu Optoelectronic Technology Co., Ltd. In RMB
||||
|-|-|-|
|Item|Report period|Same period of the previous year|
|I. Income from the key business|909,974,743.09|255,042,354.08|
|Incl：Business income|909,974,743.09|255,042,354.08|
|Interest income|||
|Insurance fee earned|||
|Fee and commission received|||
|II. Total business cost|556,604,695.22|166,836,512.21|
|Incl：Business cost|433,071,741.04|108,592,058.10|
|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|15,054,887.96|4,007,572.47|
|Sales expense|4,393,918.77|3,820,269.81|
|Administrative expense|80,606,612.19|52,662,936.51|
|Financial expenses|23,389,000.06|-2,146,225.05|

Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014
||||
|-|-|-|
|Asset impairment loss|88,535.20|-100,099.63|
|Add：Gains from change of fir value|||
|（―-‖for loss）|||
|Investment gain（―-‖for loss）|||
|Incl: investment gains from affiliates|||
|Gains from currency exchange|||
|（―-‖for loss）|||
|III. Operational profit（―-‖for loss|353,370,047.87|88,205,841.87|
|Add：Non-business income|180,811,244.28|108,090,806.73|
|Less：Non business expenses|11,600.24|510,606.03|
|Incl：Loss from disposal of non-current|||
|assets|||
|IV.Total profit(―-‖for loss)|534,169,691.91|195,786,042.57|
|Less：Income tax expenses|95,070,735.56|55,532,146.72|
|V. Net profit（―-‖for net loss|439,098,956.35|140,253,895.85|
|Including: Net profit realized by the|||
|entity taken over before the takeover|||
|Net profit attributable to the owners|||
||407,536,660.90|113,967,626.00|
|of parent company|||
|Minority shareholders’ equity|31,562,295.45|26,286,269.85|
|VI. Earnings per share：|--|--|
|（I）Basic earnings per share|0.15|0.2|
|(II)Diluted earnings per share|0.15|0.2|
|VII. Other comprehensive income|||
|VIII. Total comprehensive income|439,098,956.35|140,253,895.85|
|Total comprehensive income|||
|attributable to the owner of the parent|407,536,660.90|113,967,626.00|
|company|||
|Total comprehensive income|||
||31,562,295.45|26,286,269.85|
|attributable minority shareholders|||

4. Profit statement of the Parent Company
Prepared by: Dongxu Optoelectronic Technology Co., Ltd. In RMB
||||
|-|-|-|
|Items|Report period|Same period of the previous year|
|I. Income from the key business|21,304,558.48|46,985,616.08|
|Incl：Business cost|18,423,075.94|35,568,317.91|

Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014
||||
|-|-|-|
|Business tax and surcharge|118,271.63|1,760,600.33|
|Sales expense|102,322.30|264,995.03|
|Administrative expense|13,243,377.52|12,089,130.43|
|Financial expenses|464,153.66|-1,514,963.34|
|Asset impairment loss|-950.00|-100,099.63|
|Add：Gains from change of fir value|||
|（―-‖for loss）|||
|Investment gain（―-‖for loss）|||
|Incl: investment gains from affiliates|||
|II. Operational profit（―-‖for loss|-11,045,692.57|-1,082,364.65|
|Add：Non-business income|4,827,879.87|3,010,400.00|
|Less：Non business expenses|4,520.24||
|Incl：Loss from disposal of|||
|non-current assets|||
|III.Total profit(―-‖for loss)|-6,222,332.94|1,928,035.35|
|Less：Income tax expenses||2,436,326.84|
|IV. Net profit（―-‖for net loss）|-6,222,332.94|-508,291.49|
|V. Earnings per share：|--|--|
|（I）Basic earnings per share|||
|(II)Diluted earnings per share|||
|VI. Other comprehensive income|||
|VII. Total comprehensive income|-6,222,332.94|-508,291.49|

 5. Consolidated Cash flow statement
Prepared by: Dongxu Optoelectronic Technology Co., Ltd. In RMB
||||
|-|-|-|
|Items|Report period|Same period of the previous year|
|I.Cash flows from operating activities|||
|Cash received from sales of goods or|||
||49,344,056.60|364,183,246.79|
|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|||

Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014
||||
|-|-|-|
|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|60,396,989.72|43,044,066.73|
|Other cash received from business|||
||201,797,068.93|93,198,634.20|
|operation|||
|Sub-total of cash inflow|311,538,115.25|500,425,947.72|
|Cash paid for purchasing of|||
||1,289,412,169.27|1,085,639,220.76|
|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|||
|Cash paid for interest, processing fee|||
|and commission|||
|Cash paid for policy dividend|||
|Cash paid to staffs or paid for staffs|85,309,285.08|97,041,830.56|
|Taxes paid|228,336,359.48|102,756,784.36|
|Other cash paid for business|||
||200,282,386.47|132,037,097.73|
|activities|||
|Sub-total of cash outflow from|||
||1,803,340,200.30|1,417,474,933.41|
|business activities|||
|Cash flow generated by business|||
||-1,491,802,085.05|-917,048,985.69|
|operation, net|||
|II.Cash flow generated by investing|||
|Cash received from investment|||
|retrieving|||

Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014
||||
|-|-|-|
|Cash received as investment gains|||
|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|||
|Net cash received from disposal of|||
||21,508,443.43||
|subsidiaries or other operational units|||
|Sub-total of cash inflow due to|||
||21,508,443.43||
|investment activities|||
|Cash paid for construction of fixed|||
|assets, intangible assets and other|617,734,996.28|1,312,507,717.64|
|long-term assets|||
|Cash paid as investment|20,513,728.53||
|Net increase of loan against pledge|||
|Net cash received from subsidiaries and|||
|other operational units|||
|Other cash paid for investment|||
|activities|||
|Sub-total of cash outflow due to|||
||638,248,724.81|1,312,507,717.64|
|investment activities|||
|Net cash flow generated by investment|-616,740,281.38|-1,312,507,717.64|
|III.Cash flow generated by financing|||
|Cash received as investment||4,970,800,000.00|
|Incl: Cash received as investment|||
|from minor shareholders|||
|Cash received as loans|1,715,000,000.00|1,615,000,000.00|
|Cash received from bond placing|||
|Other financing –related ash received||4,388,661.78|
|Sub-total of cash inflow from|||
||1,715,000,000.00|6,590,188,661.78|
|financing activities|||
|Cash to repay debts|290,000,000.00|510,000,000.00|
|Cash paid as dividend, profit, or|||
||106,468,388.77|51,856,136.11|
|interests|||
|Incl: Dividend and profit paid by|||
|subsidiaries to minor shareholders|||
|Other cash paid for financing activities|17,342,000.61|9,781,356.35|

Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014
||||
|-|-|-|
|Sub-total of cash outflow due to|||
||413,810,389.38|571,637,492.46|
|financing activities|||
|Net cash flow generated by financing|1,301,189,610.62|6,018,551,169.32|
|IV. Influence of exchange rate|||
|alternation on cash and cash equivalents|||
|V.Net increase of cash and cash|||
||-807,352,755.81|3,788,994,465.99|
|equivalents|||
|Add: balance of cash and cash|||
||2,465,010,913.24|110,770,070.84|
|equivalents at the beginning of term|||
|VI.Balance of cash and cash equivalents|||
||1,657,658,157.43|3,899,764,536.83|
|at the end of term|||

6. Cash flow statement of the Parent Company
Prepared by: Dongxu Optoelectronic Technology Co., Ltd In RMB
||||
|-|-|-|
|Items|Report period|Same period of the previous year|
|I.Cash flows from operating activities|||
|Cash received from sales of goods or|||
||2,961,260.02|37,868,873.04|
|rending of services|||
|Tax returned|7,206.86||
|Other cash received from business|||
||705,272,227.65|10,400.00|
|operation|||
|Sub-total of cash inflow|708,240,694.53|37,879,273.04|
|Cash paid for purchasing of|||
||605,820.09|8,919,898.18|
|merchandise and services|||
|Cash paid to staffs or paid for staffs|6,405,716.76|8,737,342.15|
|Taxes paid|2,382,458.67|1,461,357.65|
|Other cash paid for business|||
||401,480,295.47|927,206,384.87|
|activities|||
|Sub-total of cash outflow from|||
||410,874,290.99|946,324,982.85|
|business activities|||
|Cash flow generated by business|||
||297,366,403.54|-908,445,709.81|
|operation, net|||
|II.Cash flow generated by investing|||
|Cash received from investment|||
|retrieving|||
|Cash received as investment gains|||
|Net cash retrieved from disposal of|||

Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014
||||
|-|-|-|
|fixed assets, intangible assets, and other|||
|long-term assets|||
|Net cash received from disposal of|||
|subsidiaries or other operational units|||
|Other cash receivable for investment|||
|activities|||
|Sub-total of cash inflow due to|||
|investment activities|||
|Cash paid for construction of fixed|||
|assets, intangible assets and other|||
|long-term assets|||
|Cash paid as investment|340,453,728.53|4,016,064,000.00|
|Net cash received from subsidiaries and|||
|other operational units|||
|Other cash paid for investment|||
|activities|||
|Sub-total of cash outflow due to|||
||340,453,728.53|4,016,064,000.00|
|investment activities|||
|Net cash flow generated by investment|-340,453,728.53|-4,016,064,000.00|
|III.Cash flow generated by financing|||
|Cash received from capital|||
|||4,970,800,000.00|
|contributions|||
|Cash received as loans|100,000,000.00||
|Cash received from bond placing|||
|Other financing –related ash received||1,531,406.95|
|Sub-total of cash inflow from|||
||100,000,000.00|4,972,331,406.95|
|financing activities|||
|Cash to repay debts|||
|Cash paid as dividend, profit, or|||
|interests|||
|Other cash paid for financing activities||9,741,694.15|
|Sub-total of cash outflow due to|||
|||9,741,694.15|
|financing activities|||
|Net cash flow generated by financing|100,000,000.00|4,962,589,712.80|
|IV. Influence of exchange rate|||
|alternation on cash and cash equivalents|||
|V.Net increase of cash and cash|||
||56,912,675.01|38,080,002.99|
|equivalents|||

Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014
||||
|-|-|-|
|Add: balance of cash and cashequivalents at the beginning of term|||
||29,805,307.79|1,602,670.30|
|VI.Balance of cash and cash equivalentsat the end of term|||
||86,717,982.80|39,682,673.29|

7. Consolidated Statement on Change inOwners’ Equity
Prepared by: Dongxu Optoelectronic Technology Co., Ltd.
Report period In RMB
||||||||||||
|-|-|-|-|-|-|-|-|-|-|-|
||Report period||||||||||
||Owner’s equity Attributable to the Parent Company||||||||||
||||||||||Minor||
||||Less:||Surplu|Comm||||Total of|
|Items|||||||||||
|||Capital||Special|||Attribu||sharehol||
||Share||Shares||s|on risk||||owners’|
|||reserve||ized|||table|Other|ders’||
||Capital||in||reserve|provisi||||equity|
|||s||reserve|||profit||equity||
||||stock||s|on|||||
||903,000|4,936,61|||27,454,||-53,394,||60,527,72|5,874,201,|
|I.Balance at the end of last year|||||||||||
||,000.00|3,311.80|||788.05||384.81||3.53|438.57|
|Add: Change of accounting|||||||||||
|policy|||||||||||
|Correcting of previous errors|||||||||||
|Other|||||||||||
|II.Balance at the beginning of|903,000|4,936,61|||27,454,||-53,394,||60,527,72|5,874,201,|
|current year|,000.00|3,311.80|||788.05||384.81||3.53|438.57|
||1,806,0|-1,806,0|||||||||
||||||||407,536,||31,562,29|439,098,95|
|III.Changed in the current year|00,000.|00,000.0|||||||||
||||||||660.90||5.45|6.35|
||00|0|||||||||
||||||||407,536,||31,562,29|439,098,95|
|（I） Net profit|||||||||||
||||||||660.90||5.45|6.35|
|（II）Other misc.income|||||||||||
||||||||407,536,||31,562,29|439,098,95|
|Total of (I) and (II)|||||||||||
||||||||660.90||5.45|6.35|
|(III) Investment or decreasing|||||||||||
|of capital by owners|||||||||||
|1. Capital inputted by owners|||||||||||
|2．Amount of shares paid and|||||||||||
|accounted as owners’ equity|||||||||||
|3. Other|||||||||||
|（IV）Profit allotment|||||||||||

Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014
||||||||
|-|-|-|-|-|-|-|
|1.Providing of surplus reserves|||||||
|2.Providing of common risk|||||||
|provisions|||||||
|3．Allotment to the owners (or|||||||
|shareholders)|||||||
|4．Other|||||||
||1,806,0|-1,806,0|||||
|(V) Internal transferring of|||||||
||00,000.|00,000.0|||||
|owners’ equity|||||||
||00|0|||||
||1,806,0|-1,806,0|||||
|1. Capitalizing of capital|||||||
||00,000.|00,000.0|||||
|reserves (or to capital shares)|||||||
||00|0|||||
|2. Capitalizing of surplus|||||||
|reserves (or to capital shares)|||||||
|3．Making up losses by|||||||
|surplus reserves.|||||||
|4. Other|||||||
|(VI) Special reserves|||||||
|1. Provided this year|||||||
|2．Used this term|||||||
|（VII）Other|||||||
||2,709,0|||||6,313,300,394.92|
|IV. Balance at the end of this||3,130,61|27,454,|354,142,|92,090,01||
||00,000.||||||
|term||3,311.80|788.05|276.09|8.98||
||00||||||

Amount of the previous term In RMB
||||||||||||
|-|-|-|-|-|-|-|-|-|-|-|
||Amount of the previous term||||||||||
||Owner’s equity Attributable to the Parent Company||||||||||
||||||||||Minor||
||||Less:||Surplu|Comm||||Total of|
|Items|||||||||||
|||Capital||Special|||Attribu||sharehol||
||Share||Shares||s|on risk||||owners’|
|||reserve||ized|||table|Other|ders’||
||Capital||in||reserve|provisi||||equity|
|||s||reserve|||profit||equity||
||||stock||s|on|||||
||383,000|404,165,|||27,454,||-422,69||111,414,9|503,343,67|
|I.Balance at the end of last year|||||||||||
||,000.00|683.34|||788.05||1,693.55||00.27|8.11|
|Add：Retrospective adjustment|||||||||||
|caused by merger of entities|||||||||||
|under common control|||||||||||
|Add: Change of accounting|||||||||||
|policy|||||||||||

Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014
||||||||
|-|-|-|-|-|-|-|
|Correcting of previous errors|||||||
|Other|||||||
|II.Balance at the beginning of|383,000|404,165,|27,454,|-422,69|111,414,9|503,343,67|
|current year|,000.00|683.34|788.05|1,693.55|00.27|8.11|
||520,000|4,532,44||369,297,|-50,887,1|5,370,857,|
|III.Changed in the current year|||||||
||,000.00|7,628.46||308.74|76.74|760.46|
|||||369,297,|40,247,03|409,544,33|
|（I） Net profit|||||||
|||||308.74|0.38|9.12|
|（II）Other misc.income|||||||
|||||369,297,|40,247,03|409,544,33|
|Total of (I) and (II)|||||||
|||||308.74|0.38|9.12|
|(III) Investment or decreasing|520,000|4,532,44|||-91,134,2|4,961,313,|
|of capital by owners|,000.00|7,628.46|||07.12|421.34|
||520,000|4,441,31||||4,961,313,|
|1. Capital inputted by owners|||||||
||,000.00|3,421.34||||421.34|
|2．Amount of shares paid and|||||||
|accounted as owners’ equity|||||||
|||91,134,2|||-91,134,2||
|3. Other|||||||
|||07.12|||07.12||
|（IV）Profit allotment|||||||
|1.Providing of surplus reserves|||||||
|2.Providing of common risk|||||||
|provisions|||||||
|3．Allotment to the owners (or|||||||
|shareholders)|||||||
|4．Other|||||||
|(V) Internal transferring of|||||||
|owners’ equity|||||||
|1. Capitalizing of capital|||||||
|reserves (or to capital shares)|||||||
|2. Capitalizing of surplus|||||||
|reserves (or to capital shares)|||||||
|3．Making up losses by|||||||
|surplus reserves.|||||||
|4. Other|||||||
|(VI) Special reserves|||||||
|1. Provided this year|||||||

Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014
||||||||
|-|-|-|-|-|-|-|
|2．Used this term|||||||
|（VII）Other|||||||
|IV. Balance at the end of this|903,000|4,936,61|27,454,|-53,394,|60,527,723.53|5,874,201,|
|term|,000.00|3,311.80|788.05|384.81||438.57|

 8. Statement of change inowner’s Equity of the Parent Company
Prepared by: Dongxu Optoelectronic Technology Co., Ltd.
Amount of the Current term In RMB
||||||||||
|-|-|-|-|-|-|-|-|-|
||Amount of the Current term||||||||
||||Less:|Specializ||Common||Total of|
|Items|Share|Capital|||Surplus||Attributa||
||||Shares in|ed||risk||owners’|
||Capital|reserves|||reserves||ble profit||
||||stock|reserve||provision||equity|
||903,000,00|4,799,360,|||32,204,150||-538,926,8|5,195,638,|
|I.Balance at the end of last year|||||||||
||0.00|997.35|||.60||03.51|344.44|
|Add: Change of accounting|||||||||
|policy|||||||||
|Correcting of previous errors|||||||||
|Other|||||||||
|II.Balance at the beginning of|903,000,00|4,799,360,|||32,204,150||-538,926,8|5,195,638,|
|current year|0.00|997.35|||.60||03.51|344.44|
||1,806,000,|-1,806,000,|||||-6,222,332.|-6,222,332.|
|III.Changed in the current year|||||||||
||000.00|000.00|||||94|94|
||||||||-6,222,332.|-6,222,332.|
|（I） Net profit|||||||||
||||||||94|94|
|（II）Other misc.income|||||||||
||||||||-6,222,332.|-6,222,332.|
|Total of (I) and (II)|||||||||
||||||||94|94|
|(III) Investment or decreasing of|||||||||
|capital by owners|||||||||
|1. Capital inputted by owners|||||||||
|2．Amount of shares paid and|||||||||
|accounted as owners’ equity|||||||||
|3. Other|||||||||
|（IV）Profit allotment|||||||||
|1.Providing of surplus reserves|||||||||
|2.Providing of common risk|||||||||
|provisions|||||||||

Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014
|||||||
|-|-|-|-|-|-|
|3．Allotment to the owners (or||||||
|shareholders)||||||
|4．Other||||||
|(V) Internal transferring of|1,806,000,|-1,806,000,||||
|owners’ equity|000.00|000.00||||
|1. Capitalizing of capital|1,806,000,|-1,806,000,||||
|reserves (or to capital shares)|000.00|000.00||||
|2. Capitalizing of surplus||||||
|reserves (or to capital shares)||||||
|3．Making up losses by surplus||||||
|reserves.||||||
|4. Other||||||
|(VI) Special reserves||||||
|1. Provided this year||||||
|2．Used this term||||||
|（VII）Other||||||
|IV. Balance at the end of this|2,709,000,|2,993,360,|32,204,150|-545,149,1|5,189,416,011.50|
|term|000.00|997.35|.60|36.45||

 Amount of the previous term In RMB
||||||||||
|-|-|-|-|-|-|-|-|-|
||Amount of the previous term||||||||
||||Less:|Specializ||Common||Total of|
|Items|Share|Capital|||Surplus||Attributa||
||||Shares in|ed||risk||owners’|
||Capital|reserves|||reserves||ble profit||
||||stock|reserve||provision||equity|
||383,000,00|358,047,57|||32,204,150||-565,954,6|207,297,09|
|I.Balance at the end of last year|||||||||
||0.00|6.01|||.60||36.04|0.57|
|Add: Change of accounting|||||||||
|policy|||||||||
|Correcting of previous errors|||||||||
|Other|||||||||
|II.Balance at the beginning of|383,000,00|358,047,57|||32,204,150||-565,954,6|207,297,09|
|current year|0.00|6.01|||.60||36.04|0.57|
||520,000,00|4,441,313,|||||27,027,832|4,988,341,|
|III.Changed in the current year|||||||||
||0.00|421.34|||||.53|253.87|
||||||||27,027,832|27,027,832|
|（I） Net profit|||||||||
||||||||.53|.53|
|（II）Other misc.income|||||||||
|Total of (I) and (II)|||||||27,027,832|27,027,832|

Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014
|||||||
|-|-|-|-|-|-|
|||||.53|.53|
|(III) Investment or decreasing of|520,000,00|4,441,313,|||4,961,313,|
|capital by owners|0.00|421.34|||421.34|
||520,000,00|4,441,313,|||4,961,313,|
|1. Capital inputted by owners||||||
||0.00|421.34|||421.34|
|2．Amount of shares paid and||||||
|accounted as owners’ equity||||||
|3. Other||||||
|（IV）Profit allotment||||||
|1.Providing of surplus reserves||||||
|2.Providing of common risk||||||
|provisions||||||
|3．Allotment to the owners (or||||||
|shareholders)||||||
|4．Other||||||
|(V) Internal transferring of||||||
|owners’ equity||||||
|1. Capitalizing of capital||||||
|reserves (or to capital shares)||||||
|2. Capitalizing of surplus||||||
|reserves (or to capital shares)||||||
|3．Making up losses by surplus||||||
|reserves.||||||
|4. Other||||||
|(VI) Special reserves||||||
|1. Provided this year||||||
|2．Used this term||||||
|（VII）Other||||||
|IV. Balance at the end of this|903,000,00|4,799,360,|32,204,150|-538,926,8|5,195,638,|
|term|0.00|997.35|.60|03.51|344.44|

 III.Brief introduction of theCompany：
Approved by Hebei Economic System Reform Commission with the Approval of Establishment of Dongxu Optoelectronic
Technology Co.,Ltd.（Hereinafter referred to as―TheCompany‖or―DongxuOptoelectronic‖）(Ji Ti Gfai Wei Gu Zi(1992) No.5
Document) in 1992, Shijiazhuang Baoshi Electronic Glass Co., Ltd. is a joint stock limited company company jointly established by
Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014 Shijiazhuang Kinescope General Factory (transformed into Shijiazhuang Baoshi Electronics Group Co., Ltd.later), China Electronic Import and export Corporaqtion and Zonghua Hebei Import and Export Company. At the Time of establishment, the Company had 25.68 million shares (the par value of each share is RMB 10) and total share capital of RMB 256.80 million.
On July 17, 1993, the Company held a provisional shareholders' general meeting and decided to split the stock equity with par value of RMB 10 per share into stock equity with par value of RMB 1 per share. As a result, the total number of the Company's shares became 256.80 million and its total share capital became RMB 256.80 million.
On July 17, 1993, the Company held a provisional shareholders' general meeting and decided to split the stock equity with par value of RMB 10 per share into stock equity with par value of RMB 1 per share. As a result, the total number of the Company's shares became 256.80 million and its total share capital became RMB 256.80 million.
Approved by Securities Commission under State Council with the Approval of Issue of 100 Million Domestically Listed Foreign Investment Shares by Shijiazhuang Baoshi Electronic Glass Co., Ltd. (Zheng Wei Fa (1996) No. 15 Document) on June 11, 1996, the Company issued 100 million domestically listed foreign investment shares (B shares) (the par value of each share is RMB 1). Approved by China Securities Regulatory Commission with the Approval of the Application of Shijiazhuang Baoshi Electronic Glass Co., Ltd. to Publicly Issue Shares (Zheng Jian Fa Zi (1996) No. 174 Document) on August 30 of the same year, the Company publicly issued 26.20 million shares (the par value of each share is RMB 1). As of September 17, 1996, the total share capital of the Company increased to RMB 383 million.
According to the Approval of Private Issue of Shares by Shijiazhuang Baoshi Electronic Glass Co., Ltd. (Zhen Jian Xu Ke (2012) No. 1661 Document) issued by China Securities Regulatory Commission ("CSRC"), the Company privately issued 520 million RMB ordinary shares (A shares) to specific investors at the price of RMB 9.69 per share on April 3, 2013. All investors subscribed for shares in cash. After this private issue, the registered capital of the Company was changed to RMB 903.00 million. The controlling shareholder of the company by the Shijiazhuang Baoshi Electronic Group Co., Ltd. changed to Dongxu Group , a dir ect stake of14.40%, Shijiazhuang Baoshi Electronic Glass Co., Ltd. held the indirectly12.27% of the share.
The 6th Provisional shareholder meeting in 2013 approved the name change of Shijiazhuang Baoshi Electronic Glass Co., Ltd. to Do ngxu Optoelectronic Technology Co., Ltd..
2013 Annual General Meeting of Shareholders examined and adpoted, On May 27, 2014, the company intended to implement the foll owing distribution of profits and capital reserve plan:The company implemented annual capital reserve plan of the year 2013， On the base of December 31, 2013 ,903 million shares of the total shares of the
total share capital, the company would distribute20 shares to all the shareholders for every 10 shares, for a total distribution of1806mi llion shares. The total share capital of the Company will be increased to 2709 million shares after capitalization.
At the end of the report period, Registered capital :RMB 2709 million, Legal representative: Li Zhaoting,
Registration No. of Legal Entity Business License : 130000000001040, Registered Address: No.9, Huanghe Road,
Shijiazhuang High-tech Industrial Development Area, Shijiazhuang, Hebei Province.
Business scope: electronic vacuum glass devices and supporting electronic components, automotive parts production and sales and after-sales services; management of the enterprise's own products export business and the business of mechanical equipment, spare parts, raw materials imports business (except the goods and technology that the country limit or prohibit to import and export), flat panel display glass substrate industry, investment, construction and operation and related technology development, technology consulting, technology services, technology transfer; hydrogen (52.23 tons / year) of production (valid until June 30, 2015 (can not operate the laws, regulations and the State Council decided to ban or restrict, ; can operate after get approval from other departments).
At the end of the report period, the Company had three wholly-owned subsidiaries: Hebei Xubao Construction Installation
Engineering Co., Ltd., Wuhu Dongxu Optoelectronic Technology Co., Ltd. and Sichuan Ruiyi Construction Engineering Co., Ltd., three Controlled Subsidiaries: Shijiazhuang Baoshi Color Bulb Co., Ltd., Wuhu Dongxu Optoelectronic Equipment Technology Co., Ltd. and Wuhan Dongxu Optoelectronic Technology Co., Ltd., three controlled sub-subsidiary: Shijiazhuang Dongxu Optoelectronic
Equipment Technology Co., Ltd ., Beijing Dongxu Investment Development Co., Ltd.and Wuhu Ruiyi Labor Co., Ltd.
Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014 IV.Principal accounting policies, accounting estimates and early errors
1.Basis for the preparation of financial statements
(1) The financial statements is prepared as per the―Accounting Standards for Enterprises - BasicStandards‖, the specific accounting standards in Item 38 and its application guideline and explanation and other related regulations (collectively referred to as―Enterprise AccountingStandards‖) issued by the Ministry of Finance on February, 2006.
(2) The financial statements reports on the basis of the continuous operation.
2. Statement on complying with corporate accounting standards
The Company state: the financial statements prepared are in line with the requirements in enterprise accounting standards in line with of system, and have truly and completely reflected of the financial status in June 30, 2014 , operational results, cash flow, and other r elevant information for half year of 2014.
3.Accounting year: from January 1 to December 31 as one accounting year.
4.Standard currency forbookkeeping：The Company takes RMB as the standard currency for bookkeeping.
5. Accounting treatment methods of the merger of enterprises under the control of the same company and different companies
(1) Merger of enterprises under the control of the same company
TheCompany’s assets and liabilities obtained from the enterprise merger are measured according to the book value of the merged party on the date of merger. The balance between the book value of net assets and the merger consideration price paid (or an aggregate of par value amount of issued shares) is used to adjust the capital reserve. Where the capital reserve is insufficient to deduct, adjust the retained earnings. Costs directly related to the merger of the merger party are recorded to the current profit and loss. For the merger of majority interests, assets and liabilities of the merger party are measured in the consolidated balance sheet according to their book values.
(2) Merger of enterprises under the control of different companies
The merger cost is the fair value of the paid assets, occurred or incurred liabilities, and issued equity securities which are used to obtain the control right over the merged party on the date of purchase. For enterprise merger achieved through multiple exchanges and transactions, the merger cost is the sum of all costs of each individual transaction. Costs directly related to the merger of the merger party are recorded to to the current profit and loss.
① For mergers, the balance of the merger cost over the obtained recognizable net assets and fair value quota of the merged party during the merger is recognized as goodwill. The balance of the merger cost smaller than the obtained recognizable net assets and fair value quota of the merged party during the merger is recorded to the current profit and loss.
② For the merger of majority interests, the recognizable assets and liabilities of the merged party are listed in the consolidated balance sheet according to the fair value determined in the merger. The balance of the merger cost over the obtained recognizable net assets and fair value quota of the merged party during the merger is recognized as goodwill in the consolidated balance sheet on the date of purchase. The balance of the merger cost smaller than the obtained recognizable net assets and fair value quota of liabilities of the merged party during the merger is recorded to the current profit and loss.
Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014 6. Compiling method of consolidated accounting statements
（1）Compiling method of consolidated accounting statements
The Company compiles consolidated accounting statements according to the provisions of Accounting Standards of Business Enterprises No. 33– Consolidated Financial Statement stipulated by the Ministry of Finance.
The Company begins to merge the revenues, costs, and profits of the corresponding period from the date when the Company obtains the actual control right over the subsidiary, and stops to merge the revenues, costs, and profits of the corresponding period from the date when the Company loses the actual control right over the subsidiary. All major balances, transactions and unrealized profits in the Group have been offset during the compiling of consolidated accounting statements.
Theowner’s interests of subsidiaries that are incorporated in the merger and that do not belong to the Group are listed in the minority interests under the subject ofowner’s interests of the consolidated balance sheet. The net profit and loss of the current period that belong to minority interests are listed in the minority profit and loss under the net profit subject of the consolidated income statement. 7. Recognition Standard of Cash& Cash Equivalents
The cash stated in cash flow statement refers to cash in hand and bank deposits usable for payment at any time. Cash equivalent refers to the investments with holding period of less than three months that are readily convertible to known amount of cash and subject to insignificant risk of changes in value.
8.Foreign currency translation
（1）Foreign currency Transactions
Transactions denominated in foreign currencies are translated into RMB at the applicable basic rates of exchange quoted by thePeople’s Bank of China prevailing at the dates of the transaction.
（2）Foreign currency statement Convert
On the balance sheet day, foreign currency monetary item shall be converted at the benchmark exchange rate on the balance sheet day. The exchange difference resulting from difference between spot exchange rate and that recognized initially or the benchmark exchange rate on the prior balance sheet day shall be calculated into the profit and loss of current period; foreign currency non-monetary item measured by historical cost shall still be converted at the spot exchange rate on the transaction day and the recording currency sum shall not changed. The exchange difference resulting from foreign currency loan related to qualified assets under acquisition, construction and production shall be handled by the principle of borrowing costs capitalization.
9. Financial instruments
A financial instrument refers to a contract that forms the financial assets of an enterprise and forms the financial liabilities or equity instruments of other enterprises. When a company becomes a party of a financial instrument contract, a financial asset or liability is recognized.
(1) Classification of financial instruments:
Financial assets are classified into four categories during the initial recognition: (1) financial assets that are measured by their fair values and whose changes are recorded in the current profit and loss, including tradable financial assets and financial assets that are specified to be measured by their fair values and whose changes are recorded in the current profit and loss; (2) held-to-maturity investments; (3) loans and accounts receivable; (4) financial assets available for sale. Financial liabilities are classified into two categories during the initial recognition: (1) financial liabilities that are measured by their fair values and whose changes are recorded in the current profit and loss, including tradable financial liabilities and financial liabilities that are specified to be measured by their
fair values and whose changes are recorded in the current profit and loss; (2) other financial liabilities.
Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014 (2) For the held-to-maturity investments of the Company, the sum of fair values of financial assets at the time of obtainment and the related transaction fees are recognized as the initial recognition amount. Where the paid bond interests are included in the payment, the paid bond interests are separately recognized as accounts receivable. During the holding period, the interest income is calculated and recognized according to the actual interest rate and amortized cost, and recorded into the investment revenue. During the disposal of financial assets, the balance between the price at the time of obtainment and the book value is recognized as the investment revenue.
(3) For accounts receivable generated by selling goods or providing services, the initial amount is recognized by the price stipulated in the contract or agreement. During the holding period, the subsequent measurement is conducted based on the amortized cost and actual interest rate method. During the collection and disposal of accounts receivable, the balance between the price at the time of obtainment and the book value is recorded into the current profit and loss.
(4) For financial assets available for sale, the sum of fair values of financial assets at the time of obtainment and the related transaction fees are recognized as the initial recognition amount. Where the paid bond interests or cash dividends are included in the payment, the paid bond interests or cash dividends are separately recognized as accounts receivable. Interests or cash dividends obtained during the holding period are recognized as investment revenues. The gain or loss that is measured by the fair value on the date of balance sheet and is formed by the changes of the fair value is directly recorded into the capital reserve During the disposal of financial assets, the balance between the price at the time of obtainment and the book value is recognized as the investment revenue. At the same time, the changes of the fair value that is originally recorded into the capital reserve are carried forward to the investment revenue.
Financial assets that are measured by their fair values and whose changes are recorded in the current profit and loss are recognized by their fair values at the time of obtainment and the related transaction fees are directly recorded into the profit or loss of the current period. During the holding period, the subsequent measurement is conducted based on the fair value For other financial liabilities, the initial amount is recognized by the sum of their fair values at the time of obtainment and related transaction fees. During the holding period, the measurement is conducted based on the amortized cost and actual interest rate method. (3)Recognition basis and measurement for transferred financial assets
1) Recognition of the transfer of financial assets:
In the following situations, the Company recognizes the transfer of financial assets and terminates the recognition of financial assets when the Company transfers almost all the risks and rewards of the ownership of financial assets to the transferee.
① The Company sells financial assets by means of non-recourse.
②The Company sells financial assets and enters into an agreement with the buyer at the same time, which stipulates that the Company will repurchase the financial assets at their fair values on the date when the prescribed term ends.
③The Company sells financial assets and enters into an agreement of put option with the buyer at the same time. The put option is a material out-of-the-money option from the contract terms.
2) Measurement of the transfer of financial assets
When financial assets are transferred overall, the balance of the book value of the transferred financial assets over the received consideration price and accumulated fair value changes that are originally and directly recorded to theowner’s equity is recognized and recorded into the current profit and loss.
When financial assets are transferred partly, the overall book value of the transferred financial assets, between the derecognized part of and the non-derecognized part, is apportioned according to their relative fair values respectively, and according to the book value of the derecognized part and the received consideration of the derecognized part and the corresponding derecognition sum in the accumulated fair value alteration amount that is directly included into theowner’s rights and interests originally, it should be recognized after apportionment to this accumulated amount according to the relative fair value of the derecognized part in the financial assets.
（4）The conditions to stopping the financial liabilities
Only if the existing obligations of financial liabilities have been removed wholly or partly, the financial liabilities can be terminated
Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014 to recognize wholly or partly.
（5）The determination method for fair value of financial assets and financial liabilities
Ifthere’s an active market for financial assets or liabilities, the fair value is recognized by the quotation in the active market. Ifthere’s no an active market for financial assets or liabilities, the fair value is recognized by the evaluation. For initially obtained or originative financial assets or undertaken financial liabilities, the fair value is recognized based on the market transaction price. Where the fair value of financial instruments is recognized by the future cash flow discount method, the discount rate is the market yield rate of other financial instruments that are substantially same in contract terms and features. Where the short-term accounts receivable whose interest rate is not indicated and the balance between the present value of accounts payable and the actual transaction price is small, the measurement is conducted based on the actual transaction price.
（6）Providing of impairment provision on financial assets (exclude receivable accounts)
On the date of the balance sheet, the Company checks the book value of financial assets other than the financial assets that are measured by their fair values and whose changes are recorded in the current profit and loss. Where there is an objective evidence to indicate that the financial assets are impaired, the impairment provision is accrued. Financial assets whose single amount is great are conducted with an impairment test separately. Financial assets whose single amount is not great can be conducted with an impairment test either separately or jointly in financial asset portfolios with the feature of credit risks.
For loans, accounts receivable, and held-to-maturity investments, the impairment provision is accrued based on the balance between the present value and the book value of the estimated future cash flow. If there is an objective evidence to indicate that the value has been restored after the accrual, the previously-recognized impairment loss can be recovered and recorded into the current profit and loss.
All kinds of various recognized standards for impairment of financial assets available for sale
If an impairment occurs to financial assets available for sale, even if this financial asset is not derecognized, the accumulated losses that are caused by the reduced fair value and that are originally and directly recorded in theowner’s interests should be transferred out and recorded into the current profit and loss, Among which, for the debt instrument available for sale, if the fair value increases subsequently, the original impairment provision can be recovered and recorded into the current profit and loss. For the equity instrument available for sale, the impairment provision shall not be recovered through the profit or loss.
All Recognition Standards of Depreciation of Financial Assets Available for Sale
（7）If investment held to mature is recztegorized to sellable financial assets, please state the intention or evidence of change incapability .
10. Recognition standard and providing basis of bad debt provision on receivable accounts
（1）Accounts receivable with material specific amount and specific provisioned bad debt preparation.
|||
|-|-|
|The judgment basis for significant||
|single-item amount or standard for|The accounts receivable with single-item amount of RMB 5 million and above|
|significant amount||
||Impairment test shall be separately conducted. If the test proves the occurrence of impairment,|
||impairment loss shall be determined and provision for bad debts shall be made according to|
|The method of separate provision|the difference between the present value of its future cash flow and its book value. For the|
|for bad debts for the accounts|accounts receivable whose impairment is not proved by separate test, such accounts|
|receivable with significant|receivable, together with those with insignificant single-item amount, are divided into some|
|single-item amount|groups based on similar characteristics of credit risks. For these groups of accounts receivable,|
||provision for bad debts shall be made according to the regulation mentioned in "(2) provision|
||for bad debts shall be made for accounts receivable on group basis".|

Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014（2）Provision for bad debts shall be made for accounts receivable on group basis:
||||
|-|-|-|
||Method of making provision for bad||
|Name||Basis for determining groups|
||debts on group basis||
|||Division into groups with the age of accounts receivable as|
|Account age group|Account age Analysis method||
|||characteristic of credit risk|
|||Division into groups with the transaction object of accounts receivable|
|||and the nature of money as the characteristic of credit risk. Such as|
|Other groups|Other method||
|||export rebates receivable, employees' borrowings for official duties,|
|||reserve fund, deposit, money for related transactions.|

In Group, Provision for bad debts with the method of account age analysis
√ Applicable□Not applicable
||||
|-|-|-|
||Proportion of provision of|Proportion of provision of other|
|Age|||
||receivable account (%)|receivable account (%)|
|Within credit period|0.00%|0.00%|
|Within 1 year after credit period|5.00%|5.00%|
|1－2 years|10.00%|10.00%|
|2－3 years|30.00%|30.00%|
|3－4 years|50.00%|50.00%|
|4－5 years|70.00%|70.00%|
|Over 5 years|100.00%|100.00%|

 Accounts on percentage basis in group
□ applicable√not applicable
Accounts on other basis ingroup：
√applicable□not applicable
|||
|-|-|
|Name|Notes|
||Impairment test shall be separately conducted. If objective evidences prove the occurrence of|
||impairment, impairment loss shall be recognized and provision for bad debts shall be made|
|Other Group||
||according to the difference between the present value of expected future cash flow and its book|
||value. If no impairment is found after test, no provision for bad debts shall be made.|

（3）The accounts receivable with insignificant single-item amount for which provision for bad debts is separately made:
|||
|-|-|
||The accounts receivable with single-item amount of less than RMB 5 million whoserisk characteristics can’t be reflected by provision for bad debts on basis of group.|
|Reason for separate provision for bad debts||
||Provision for bad debts is made according to the difference between the presentvalue of its future cash flow and its book value.|
|Method of provision for bad debts||

11. Inventories
（1）Inventory classification
Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014 Inventories including raw materials, products in production, Low-value consumable goods, goods in stock, spare parts, are listed depending on which is lower between cost and net value realizable.
（2）Pricing method of stock delivered
Stock delivered is measured according to weighted average method.
Inventories are accounted for at their historical cost or planned cost at the time of acquisition, accounts by month-end weighted average method. For the consuming of Consumable Goods of Low Value, uses once conversion method to account the cost. For the consuming of packaging materials, accounts it to the cost at one time. For the cost of finished products and products in production including the raw materials, direct labor, all indirect production costs under normal production capacity, and the conversion of the cost of inventory sold, accounts by month-end weighted average method.
（3）Confirmation basis of stock net realizable value and withdrawal method of inventory falling price reserves.
For inventory at period end, accounts the inventory price falling reserve according to the difference between the cost of individual inventory project and the net value realizable. For the inventories that have similar purposes and relate to the products in the same region, and in fact, are difficult to distinguish the serial products from other items, collectively account the price falling reserve; For inventories that have large quantity but low in price, account the price falling reserve according to stock categories. For the net value realizable in accordance with the normal production process, determine the amount by the estimated stock price minus the estimated cost, cost of sales and related taxes.
（4）Inventory system
Inventory system: Perpetual inventory
（5）Amortization method of consumption goods with low value and wrap page
Consumption goods with low value
Consumption goods with low value adopt one time amortization method when used.
Packing
Amortization method: Wrap page adopts one time amortization when used
12. Long-term equity investment
（1）Investment cost confirmation
(1)For the corporate merger under the same control, the merging parties paying by cash, transfer of non-cash assets, or the means of debt bearing as the merger price. The merger should be made in accordance with the combined book value of the owner's equity share of the equity investment as a long-term investment in the initial cost, long-term equity investment initial investment costs the cash payment, transfer of the non-cash assets and the assumption of debt by book value to the difference between the adjusted capital surplus; for surplus less than the offset capital, adjusts the retained earnings; for the merging parties with the issuance of securities as interest on the price of the merger, the merger should be made in accordance with the merging parties the rights of owners book value of equity shares as a long-term investment in the initial cost of the investment. In accordance with the issued shares and total value of equity, long-term equity investments and the cost of initial investment by issuing shares of a face value of the difference between the amount should be adjusted capital surplus; for Less capital surplus, adjusts the retained earnings. Combination of businesses not under common control shall have as the investment cost the fair value of the assets expended, the liabilities incurred or assumed and the equity securities issued to acquire the control over the business on the purchase day. If the fair value of the purchase cost is higher than that of the purchased part of the identifiable net assets in business combination, the difference shall be seen as good will while if it is lower, the difference shall be recorded in the profit and loss of the period.(2) Besides the long-term equity investment obtained by the other way of the merger, determine the initial investment cost in accordance with the following provisions: For such combination by cash, the purchase price actually expended shall be taken as the investment cost; if by issuing equity securities, it
Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014 shall be the fair value of such securities; for the long-term equity investments by investors, the value set by the investment contract or agreement shall be the investment cost unless the set value is not fair; for the long-term, essentially commercial and fair value reliably measurable equity investments acquired by means of non-monetary assets exchange, the fair value and the expended taxes shall be the investment cost and the difference between the book value of the expended assets and the fair value shall be recorded in the profit and loss of the period; and for the long-term equity investments arising of debts restructuring, the fair value shall be the investment cost and the difference between the fair value and the book value of the restructured debts shall be recorded in the profit and loss of the period.
(2) Follow-up measurement:
(i)For the long-term equity investments that do not have joint control or significant influence on subsidiaries, have no market quotations, the and the fair value can not be reliably measured, accounts by the cost method. For the cash dividend or profit declared by the units invested, recognizes it as current investment income. Confirmation of investment income is restricted to cumulative net profit of sub-quotas after units invested receiving the investments. For the part that surpass the above amount, recovers it as the initial investment cost. (ii) For the long-term equity investments that have joint control or significant influence on the units invested, accounts it by the method of equity. Upon the acquiring of the long-term equity investment, based on the fair assets value recognized by the units invested, confirm the investment losses or gains and adjust the account value of long-term equity investment after adjusting the net losses and gains achieved by the units invested. The owning part of the profit and cash dividends declared by the units invested, correspondingly reduce the book value of the long-term equity investment. For the other changes in the rights of the owners apart from the net gains and losses of the units invested, adjusts the book value of the long-term equity investments and recognizes it as capital surplus. Adjust the book value of long-term equity investment and include it in owner's equity.
(3) Basis for confirming joint control and significant impact towards the invested unit
Joint control refers to the common control towards certain economic activity in accordance with agreement of contract. When the outward investment of company conforms to the following situations, confirm the joint control towards the invested unit:① any joint operational party shall not separately control the production and operation activities of the joint enterprise;② any strategic decision related to the basic operation activity of the joint enterprise shall be agreed by all joint operational parties;③ all joint operational parties may appoint any of joint operational parties to manage the daily activities of the joint enterprise by contract or agreement; nevertheless, the operational party shall exercise the right of management within the scope of financial and operational policies that have been jointly approved by all joint operational parties. When thecompany’s outward investment conforms to the following situations, confirm the significant impact towards the invested unit:① having representatives in such authority institution as the Board of Directors in the invested unit;② participating in the strategy formulation process of the invested unit, including formulation of dividend distribution policy;③ occurring significant trade with the invested unit;④ dispatching management staff to the invested unit;⑤ providing key technology materials to the invested unit. When the company directly holds more than20% but less than50% shares with right to vote or by subsidiary, it is generally recognized to have significant impact on the invested unit.
（4）Depreciation testing method and depreciation reserve withdrawal method.
On the date of balance sheet, accounts it according to which is lower between the book value of long-term equity investments and the amount recoverable, if the amount recoverable is lower than the book value, accounts the assets devaluation preparations and confirms the devaluation losses. The Company adopts the method of accounting long-term equity investment term by term, once the devaluation preparation is confirmed, it shall not be converted back in the accounting period in the future. For the long-term investments that have market price, judge and account the devaluation preparations according to the following situations:The market price lower than the book value in continuous two years; The investment is suspended for one year or more; The units invested have serious losses in that year; The units invested have losses in continuous two years;The units invested have rectification, liquidation and other signs of unsustainable business. For the long-term investments without market price, judge and account the devaluation preparations in accordance with the following signs: The changes in political or legal environment like the issuance or rectification of
tax lows and trading lows that affect the operation of the units invested, may result in the huge losses in the units invested. The
Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014 changes in market demands due to the goods or labor provided by the units invested are obsolete or due toconsumers’ preferences change, resulted in serious influences in the financial situation in the units invested;The production technologies in the industries of the units invested have significant changes, the units invested have lost their competitive capacity, thus leading to serious financial situations, for example: rectification, liquidation etc; The other situations that there is evidence to show the investment will not actually bring economic interests for the Group. Standards for fixed assets: the assets held for the purpose of goods production, labor providing, rent or management; the service life more than one year; the tangible assets with high unit value.
13.Real estate investment
Investment real estate refers to the properties held for the purpose of generating rent and/or capital appreciation. Thecompany’s investment real estate includes the land use right rented and the constructions leased.
(1) Recognition of the investment real estate
The investment real estate shall be recognized unless it meets the following requirements simultaneously:① The economic benefits pertinent to the investment property are likely to flow into the enterprise; and② The cost of the investment real estate can be reliably measured.
(2) Initial measurement of the investment real estate
① The cost of an investment real estate by acquisition consists of the acquisition price, relevant taxes, and other expenses directly relegated to the asset.
② The cost of a self-built investment real estate composes of the necessary expenses for building the asset to the hoped condition for use.
③ The cost of an investment real estate obtained by other means shall be recognized in accordance with the relevant accounting standards.
④ The follow-up expenses pertinent to an investment real estate, if they meet the recognition conditions of the investment property, they shall be included in the cost of the investment real estate; otherwise, if they fail to meet the recognition conditions of the investment property, they shall be included in the current profits and losses when they are incurred.
(3) Follow-up measurement of the investment real estate
The company makes a follow-up measurement to the investment real estate through the cost pattern on the date of the balance sheet. According to the relevant provisions of the―Accounting Standards for Enterprises No.4 - FixedAssets‖ and the―Accounting Standards for Enterprises No.6 - IntangibleAssets‖, the actual amortization or depreciation is made for the investment real estate by the straight-line method in the estimated useful life.
(4) Conversion of the investment real estate
The company has well-established evidence to indicate that the purpose of the real estate has changed, it shall convert the investment real estate to other assets, or vise versa. And the book value of the real estate prior to the conversion shall be entry value after conversion.
14.Fixed Assets
（1）Confirmation conditions of fixed assets
Fixed assets can be recognized only when the following conditions are satisfied:
(1) Economic benefits related to the fixed assets may flow to the enterprise; (2) The cost of the fixed assets can be reliably measured. Initial measurement of fixed assets: account the value of the fixed assets in accordance with the actual cost of construction& purchase of them. The follow-up expenditures related to fixed assets, for the ones that meet the conditions of fixed assets
confirmation, should be included in the cost of fixed assets; For the ones that do not meet the conditions of fixed assets recognition,
Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014 should be included in the current gains and losses. For the follow-up expenditures on fixed assets, should be included in the cost of fixed assets, and should terminate the book value of fixed assets that was replaced.
（2）Fixed assets depreciation method
The enterprise should account depreciation for all fixed Assets. But except the fixed assets that had accounted adequate depreciation but continued to use and the land separately accounted.
Depreciation Method: for depreciation of fixed assets, uses the straight-line method, accounting by the recorded value minus the estimated residual net value in the expected life period.
|||||
|-|-|-|-|
||Estimated useful|||
|||Estimated residual value|Depreciation|
|Type||||
||Life|rate|rate(%)|
||Over the period of title (the period specified on the|||
|House and Building|real estate title certificate or land use right|5.00%|3.17%|
||certificate) or 30 years in case of no period of title|||
|Transportation equipment|5|5.00%|19%|
|Machinery and equipment-Kiln|5|5.00%|19%|
|Machinery and||||
||3|95.50%|1.5%|
|equipment-Platinum passage||||
|Machinery and equipment-- Glass||||
||15|5.00%|6.33%|
|flat-panel and other equipment||||
|Machinery and equipment-Other||||
||10|5.00%|9.5%|
|production equipment||||
|Text, inspection , office||||
||5|5.00%|19%|
|equipment , instruments and other||||

（3）Depreciation measuring method and depreciation reserves withdrawn method of fixed assets
Platinum channel mainly consisted of precious metals platinum, rhodium, almost no loss, the net residual rate is relatively high
At the end of each year, the Group checks the fixed assets item by item. If recoverable amount is below the book value because the steady fall of the market price, or technological obsolescence, damage or long-term idleness or other factors, them make the difference between the recoverable amount and the book value as the reserve for fixed assets devaluation, which was accounted as the individual assets.
If the fixed assets of the company actually have had losses, then account the devaluation reserve. When one of the following circumstances exists, completely account the reserve for fixed assets devaluation in accordance with the full book value of fixed assets:
The fixed assets that being put aside in long term, or no longer be used in the foreseeable future, and have no value of transfer; Due to technological advances and other factors, the fixed assets can not be used;
Although the fixed assets can be used, but if use, large quantity of unqualified products may produce;
The fixed assets that had been damaged, and there is no usage value or value of transfer;
Other fixed assets that cannot bring economic benefits for the Group.
Upon the recognition of the fixed assets devaluation losses, depreciation or amortization expenses of the devalued assets should
have correspondent adjustment in the future periods, so that in the remaining service life of the assets, systematically adjust the book
value of the assets (excluding the predicted net residuals).
Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014 Upon the recognition of the fixed assets devaluation losses, in the subsequent accounting period they shall not be converted back.
15.Projects under construction
（1）Categories of projects under construction
Construction in progress represents capital assets under construction or installation and is accounted for as engineering cost at actual cost. The construction cost includes the cost of construction and installation, machine and equipment, other direct expenses and borrowing costs from the special loans borrowed for the acquisition or construction of fixed assets before projects get ready for intended use.
（2）Standard and timing for transferring of projects under construction to fixed assets
Construction in progress is transferred into fixed assets when a project gets ready for intended use and provision for depreciation is made from the following month.
（3）Impairment text and providing of impairment provisions on projects under construction
The company makes a overall assessment of the project under construction at the end of each year. If there is any evidence that the construction in progress has been impaired, the company provides for such impairment losses. In case of existing of one or several of the following cases, the impairment losses should been provided for the construction in progress:
The project under construction has been suspended for long period and is not expected to restart in 3 years.
The projects that was lagged behind in both performance and in technique, and that may bring great uncertainty for the economic benefits of the Group.
Other situations that can prove that depreciation has already occurred to the construction projects.
Once any loss of the construction-in-process impairment is recognized, it shall not be switched back in the future accounting periods. 16.Loan expenses.
（1）Principle of the recognition of capitalized borrowing costs
For the loan expenses, if can be directly attributed to the capital, account them into the capital costs; For the other loan expenses, account them into the losses and gains in the current period according to the occurrence amount.
If the loan expenses meet the all following conditions in the same time, they shall be capitalized and included into the cost of that assets :① Assets expenditure has occurred;② The loan costs have occurred;③ The necessary construction or production activities for the assets to achieve the predicted state.
The loans include the specialized loan and the general loan.
For the additional expenses from specialized loan, before the achieving of the expected use or sale state and meet the capitalized condition, according to the occurrence amount to have capitalization, and account it into the capital cost that meet the capitalization condition; after the achieving of the expected use or sale state and meet the capitalized conditions, according to the occurrence amount to recognize as cost, and account it into the current losses and gains.
For the additional expenses from general loans, recognize the occurrence amount as the expenses, and account it into the current losses and gains.
（2）Calculating of borrowing expense capitalizing
For the special loan for the construction and production of capitalized assets, the actual interest expense from special loan minus the interest income from loan deposited in the bank or the amount of investment gains from temporary investment.
For the general loan for the construction and production of capitalized assets, according to the capital expense weighted average
amount of the cumulative capital expenditure multiply the capitalization rate of the general loan occupied, account interest amount of
Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014 the general loan capitalization. The capitalization rate is accounted according to the general loan weighted average interest rate. 17.Intangible assets
（1）Pricing of intangible assets
Intangible assets refer to identifiable monetary assets with no physical substance that the company owns or controls. For intangible assets, including patents, generic technology, trademark, copyright, land-use right, permit right, etc, are listed by the net value that cost minus accumulated amortization and accumulated devaluation.
The amount of amortization of intangible assets should be systematically amortized within the service life. Amortization method should reflect the economic profit and the expected achievement methods related to the intangible assets. If unable to determine the expected achievement methods, adopt the method of straight line to amortize. For the intangible assets that can not confirm the service life, do not amortize.
For the right of land use, the actual payment of the purchase price is the actual cost, accounting the intangible assets before the construction of the project, and using method of straight line to amortize according to the land use period. Use the straight-line method and amortize it in 50 year.
For the expenditures on internal research& development projects, the company pays the expenses according to the research phase and development phase. The expenditures in the research phase are included in current profit and loss; For the expenditures that meet the conditions in the development phase, shall be capitalized and recognized as intangible assets.
（2）Provision for impairment of investment assets
At the end of each year, the Group checks the capability of all intangible assets that is expected to bring economic benefits for the Group in the future. For the expected recoverable amount below its book value, account the reserves for devaluation. For the intangible assets, account the reserves for devaluation according to the individual item.
When there is one or more of the following cases, the book value of intangible assets shall be completely converted to the current profit and loss:
The intangible asset that have been replaced by some other new technology, and it had no use value and transfer value;
The intangible assets the has exceeded the legal time limit, and it can not bring economic benefits for the Group;
Other cases that can prove the intangible asset had lost its use value and transfer value.
When there is one or more of the following circumstances, account the devaluation reserves for the intangible assets:
The intangible assets that have been replaced by other new technologies, and that makes it produce great adverse affect to economic interests of the Group.
The market value of certain intangible assets had a sharp decline in the current period, and will no resume in the remaining amortization period;
The intangible assets the has exceeded the legal time limit, but they still have some value;
Other cases that can prove the intangible assets have had devaluations.
Once the devaluation losses of the intangible assets have been recognized, they can not be converted back in the subsequent accounting period.
18.Long-term amortization expenses
If the long-term amortization expenses are precious metals, amortize according to the actual damage degree of the precious metals, and listed by the net amount of actual expenditure minus the accumulated amortization.
Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014 19.Predicted liabilities
（1）Recognition of Predicted liabilities
Estimated liabilities are recognized if both the Company and the related obligation of contingencies meet the following conditions at the same time: (1) The obligation is a present obligation undertaken by the enterprise; (2) The fulfillment of the obligation may likely cause an outflow of economic interests; (3) The amount of the obligation can be reliably measured.
（2）Accounting of Predicted liabilities
The Company conducts the initial measurement in accordance with the best estimated amount of expenditure required to fulfill related present obligations, reviews the estimated liabilities on the date of the balance sheet, and adjusts the book value based on the current best estimated amount.
20. Revenues
（1）Recognition time for sales of goods
The risks and rewards on goods ownership are transferred to the buyers. The company will no longer implement the right of management and the right of actual control. The amount of income can be reliably accounted. The economic interest related to transactions flows into the Group and the cost related to the sale of the goods, the realization of business income confirmed.（2）Incomes from transferring asset use right
The related economic interests are likely to flow into the enterprise, and the amount of the revenue can be reliably measured, confirm it as income. For the income from use fee, account it according to the charge time and method agreed in the contract or the agreement.（3）Confirm the evidence to provide labor income
The operating income from the labor services started and finished within the same fiscal year is recognized when the labor services are finished. The Company recognizes the related labor income by the percentage of completion of services on the date of the balance sheet. If the result of providing labor services cannot be estimated reliably, the Company recognizes the income on the balance sheet date according to the labor costs that have already occurred and are estimated to be compensated, and costs are carried forward based on the same amount. If the labor costs that have already occurred in current period cannot be compensated, the income is not recognized and the costs that have already occurred are recognized as the current expenses.
（4）Deciding of completion percentage when percentage basis is adopted to recognize income from service providing or construction contracts
The Company determines the completion schedule of the provision of services by the following methods: (1) the measurement of works that have been complete; (2) the proportion of the labor services that have provided in the total labor services that should be provided; (3) the proportion of costs that have occurred in the estimated total costs.
21. Governmental subsidies
（1）Categories
The Company recognizes government subsidies when the Company is able to meet the conditions of government subsidies and can receive government subsidies Monetary assets is measured by the amount that is received or should be received. Non-monetary government subsidies are measured by fair values. Where the fair value cannot be obtained, the non-monetary government subsidies are measured by the nominal amount of RMB1.
（2）Accounting policy
Government subsidies related to assets are recognized as deferred incomes, which are averagely distributed within the usage life of related assets and recorded in current loss and profit. Government subsidies measured in nominal amount are directly recorded in
Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014 the current profit and loss. Government subsidies that are related to incomes and used to compensate the related fees and losses of the future period are recognized as deferred incomes, and are recorded in the current profit and loss in the period of recognition of related fees. Government subsidies that are used to compensate the related fees and losses occurred are recorded in the current profit and loss.
22. Deferred income tax assets/Deferred income tax liability
（1）Confirmation of deferred income tax assets
(1) If there is a deductible temporary difference between the book value of assets and liabilities and the tax base, recognize the deferred tax assets generated by the deductible temporary difference based on the limitation of taxable income that is used to deduct the deductible temporary difference. However, the deferred income tax assets generated by the initial recognition of assets or liabilities in the following transactions are notrecognized:① The transaction is not an enterprisemerger;② When the transaction occurs, neither the accounting profit nor taxable income are affected (or deductible loss). (2) When the deductible temporary difference related to the investment of subsidiaries, affiliated enterprises and joint venture enterprises meets the following conditions, the corresponding deferred income tax assets arerecognized:① The temporary difference may likely recovered in the foreseeablefuture;② In the future, it is likely to obtain the taxable income that is used to deduct the deductible temporary difference; (3) For the deductible loss and tax credits offset that can be carried forward in the future years, within the extent of the amount of future taxable income of deductible loss and tax credits offset by the possible income, will be recognized as the corresponding deferred income tax assets. (4) On the balance sheet date, review the book value of deferred income tax assets. If in the future it is unlikely to gain sufficient taxable income to offset the benefits of deferred tax assets, the book value of deferred tax assets will be write-down. When it is likely to be sufficient in taxable income, the reduction in amount will be reversed back.
(2) The confirmation of deferred income tax liability
If taxable temporary differences exist between the book value of assets, liabilities and its tax base, in accordance with the applicable tax rates in the expected period for drawing back the asset or settling the liabilities, it will be recognized as deferred income tax liabilities by calculation.
23.Change of main accounting policies and estimations
Is there any material change of accounting policies occurred in the year
□Yes√□ No
N/A
（1）Change of accounting policies
Is there any change in accounting policies in the report period
□ Yes√ No
（2）Change of accounting estimations
Is there any change in accounting estimations in the report period
□Yes√□ No
24.Correction of accounting errors in previous period
Is there any accounting error with previous period found in the report period
□ Yes√ No
N/A
Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014（1）Change of accounting policies
Is there any change in accounting policies in the report period
□ Yes√ No
（2）Change of accounting estimations
Is there any change in accounting estimations in the report period
□ Yes√ No.
V.Taxation
1.Main categories and rates of taxes
||||
|-|-|-|
|Taxes|Tax references|Applicable tax rates|
|VAT|Sales revenue of energy and power|17%|
|VAT|Sales revenue of energy and power|3～5%|
|Business tax|Income from labor service and lease|7%|
|Enterprises income tax|Taxable income|15%-25%|
|VAT|Sales revenue of energy and power|13%|
|VAT|Revenue of Technology services|6%|
|Surcharge for education|Turnover tax to be paid allowances|5%|

Income tax rate apply able to branches and factories
VI.Enterprise consolidation and combined financial statements
1. Subsidiary
（1）Subsidiary obtained through establishment or investment
In RMB
|||||||||||||||
|-|-|-|-|-|-|-|-|-|-|-|-|-|-|
|||||Registeredcapital|||||||||After|
|||||||||||||Amount||
||||||||Other||||||wrote|
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||||||||projects||||||down|
|||||||||||||write||
||||||||balance||||||current|
|||||||Actual|||Proporti|Whether|Interest|down||
|Full|||||||essential|Holding|||||period|
|||Registra||||capital|||on of|consolid|of|lost||
|name of|Subsidia||Busines||Busines||ly from|proporti|||||loss of|
|||tion||||amounts|||voting|ation of|minority|included||
|subsidia|ry type||s||s scope||net|on|||||minority|
|||place||||of|||rights(%|report|sharehol|in||
|ry|||||||investm|(%)|||||sharehol|
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|||||||||||||der||
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|||||||||||||interest||
||||||||||||||beginni|

Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014
|||||||||||||
|-|-|-|-|-|-|-|-|-|-|-|-|
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||||||||||||of|
||||||||||||minority|
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||||||g|||||||
||||||architect|||||||
||||||ural|||||||
||||||engineer|||||||
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|Hebei||||||||||||
||||||construc|||||||
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|||No.9,|||engineer|||||||
|ction|Limited||Constru|||||||||
|||Huangh|||ing|||||||
|Installat|Liability||ction|100,000||100,000|100.00|100.00||||
|||e Road,|||consulta||||Yes|||
|ion|Compan||Installat|,000.00||,000.00|%|%||||
|||Shijiazh|||ncy, city|||||||
|Enginee|y||ion|||||||||
|||uang|||and|||||||
|ring||||||||||||
||||||roads|||||||
|Co.,||||||||||||
||||||lighting|||||||
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||||||projects,|||||||
||||||interior|||||||
||||||and|||||||
||||||exterior|||||||
||||||decorati|||||||
||||||on|||||||
||||||projects|||||||
|||No.9,|||Producti|||||||
|Shijiazh|Limited|||||||||||
|||Huangh|Manufa|540,681|on and|439,341||||18,444,||
|uang|Liability||||||81.26%|81.26%|Yes|||
|||e Road,|cturing|,956.80|sales of|,956.80||||388.21||
|Baoshi|Compan|||||||||||
|||Shijiazh|||glass|||||||

Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014
||||||||||||
|-|-|-|-|-|-|-|-|-|-|-|
|Color|y|uang|||bulbs||||||
|bulb|||||for||||||
|Co.,|||||colour||||||
|Ltd.|||||kinesco||||||
||||||pe and||||||
||||||electron||||||
||||||ic glass||||||
||||||products||||||
||||||R&D of||||||
||||||optoelec||||||
||||||tronic||||||
||||||mechani||||||
||||||cal||||||
||||||equipme||||||
||||||nt and||||||
|||Room 3|||||||||
||||||electron||||||
|Wuhu||02, A fl|||||||||
||||||ic||||||
|Dongxu||oor,Man|||||||||
||||||products||||||
|Optoele|Other|agement|||||||||
||||||,||||||
|ctronic|Limited|Commi|||||||||
||||Manufa|98,000,|producti|93,100,||||72,393,|
|Equipm|Liability|ttee of Ji|||||95.00%|95.00%|Yes||
||||cturing|000.00|on of all|000.00||||955.34|
|ent|Compan|angbei I|||||||||
||||||kinds of||||||
|Technol|y|ndustry|||||||||
||||||non-stan||||||
|ogy Co.,||Zone,A|||||||||
||||||dard||||||
|Ltd.||nhui Pro|||||||||
||||||equipme||||||
|||vince|||||||||
||||||nt and||||||
||||||parts||||||
||||||and||||||
||||||relevant||||||
||||||process||||||
||||||formulat||||||
||||||ion.||||||
|||No. 36,|||Investm||||||
|||Daowei|||ent,||||||
|||2 Road,|||construc||||||
|Wuhu|||||||||||
||Personal||||||||||
|||Wanchu|||tion and||||||
|Dongxu|||||||||||
||limited|n Street,|||operatio||||||
|Optoele||||2,000,0||4,711,06|||||
||liability|Econom|Manufa||n related||100.00|100.00|||
|ctronic||||00,000.||4,000.0|||Yes||
||compan|y|cturing||to the||%|%|||
|Technol||||00||0|||||
||y|Technol|||industry||||||
|ogy Co.,|||||||||||
|||ogy|||of glass||||||
|Ltd.|||||||||||
|||Develop|||substrat||||||
|||ment|||e for||||||
|||Zone ,|||optoelec||||||

Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014
||||||||||||
|-|-|-|-|-|-|-|-|-|-|-|
|||Wuhu|||tronic||||||
||||||display||||||
||||||and||||||
||||||relevant||||||
||||||technolo||||||
||||||gical||||||
||||||develop||||||
||||||ment.||||||
||||||Optoele||||||
||||||ctronic||||||
||||||display||||||
||||||glass||||||
||||||substrat||||||
||||||e||||||
||||||industry||||||
||||||investm||||||
||||||ent,||||||
|||1/F,|||construc||||||
|||No.2|||tion and||||||
|||Busines|||operatio||||||
|||s tower,|||n,||||||
|||Huazho|||Machin||||||
|||ng|||ery and||||||
|Wuhan|||||||||||
|||Shugua|||equipme||||||
|Dongxu|||||||||||
||Limited|ng|||nt,||||||
|Optoele|||||||||||
||Liability|Softwar|Manufa|5,000,0|design|3,125,0||||1,356,4|
|ctronic|||||||62.50%|62.50%|Yes||
||Compan|e park,|cturing|00|and sale|00.00||||32.03|
|Technol|||||||||||
||y|No.1Gu|||of||||||
|ogy Co.,|||||||||||
|||anshan|||electron||||||
|Ltd.|||||||||||
|||Road,D|||ic||||||
|||onghu|||products||||||
|||Develop|||,||||||
|||ment|||Provide||||||
|||Zone,|||relevant||||||
|||Wuhan|||technolo||||||
||||||gy||||||
||||||develop||||||
||||||ment,||||||
||||||technica||||||
||||||l advice,||||||
||||||technica||||||
||||||l||||||
||||||services,||||||
||||||transfer||||||

Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014
|||||||||||
|-|-|-|-|-|-|-|-|-|-|
||||||of|||||
||||||technolo|||||
||||||gy etc.|||||
||||||Buildin|||||
||||||g|||||
||||||Enginee|||||
||||||ring,|||||
||||||Hydrop|||||
||||||ower|||||
||||||Enginee|||||
||||||ring,Mu|||||
||||||nicipal|||||
||||||public|||||
||||||Enginee|||||
||||||ring,|||||
||||||Highwa|||||
||||||y|||||
||||||Enginee|||||
|||Buildin|||ring,|||||
|||g 15, No|||Constru|||||
|Sichuan||||||||||
|||. 21, Rin|||ction of|||||
|Ruiyi||||||||||
|||g Road|||sports|||||
|Constr|Limited||Constru|||||||
|||181 We|||facilities|||||
|uction|Liability||ction|100000||100,453|100.00|100.00||
|||st Third|||,Earth||||Yes|
|Engine|Compan||Installat|000||,728.53|%|%||
|||Section,|||and|||||
|ering|y||ion|||||||
|||Jinniu D|||rock ,|||||
|Co.,||||||||||
|||istrict, C|||City and|||||
|Ltd.||||||||||
|||hengdu|||road|||||
||||||lighting|||||
||||||engineer|||||
||||||ing,|||||
||||||Electric|||||
||||||Power|||||
||||||Enginee|||||
||||||ring,|||||
||||||anti-corr|||||
||||||osion|||||
||||||insulatio|||||
||||||n ,High|||||
||||||way and|||||
||||||traffic|||||
||||||Enginee|||||
||||||ring,|||||
||||||Highwa|||||

Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014
||
|-|
|y|
|surface|
|project,|
|Highwa|
|y|
|subgrad|
|e|
|Enginee|
|ring,,etc|
|.|

Other statements on Subsidiaries obtained through incorporation orinvestment：
2. Changes of combination scope.
Description of change of consolidation scope:
√Applicable□ Not applicable
Compared to last year, this year (period) combined a new unit, due to the:
The 10th meeting of the seventh Board of Director and the first provisional shareholder's meeting of 2014 examined and adopted "the proposal of acquiring controlling shareholder Dongxu Group subsidiaries's equity " agreed the company to trade net asset value of 20.5137 million as audit assessments trading price of the acquisition wholly owned subsidiary of the controlling shareholder Dongxu Group Ltd.100% stake in Sichuan Ruiyi Construction Engineering Co., Ltd.,the company will complete the acquisition of the entire equity related work before June 2014.
The merged units are reduced in this year (period) compared with the previous year.
3.Entities newly included in consolidate scope during the reporting period and entities ceasing to be included in consolidate scope during the reporting period.
Subsidiaries, special purposes entities, operation entity where controlling right is formed under entrusted operation or leasing newly included in consolidation scope during the period.
In RMB
||||
|-|-|-|
|Name|Net assets as at period-end|Net profit for the period|
|Sichuan Ruiyi Construction Engineering Co., Ltd.|100,454,308.91||

Subsidiaries, special purposes entities, operation entity where controlling right is formed under entrusted operation or leasing newly included in consolidation scope during the period
In RMB
||||
|-|-|-|
|||Net profit from the year-begin to|
|Name|Net assets as at the disposal date||
|||the disposal date|

Other explanation on entities newly included in consolidation scope and entities ceasing to be included in consolidation scope: The company acquisited the wholly owned subsidiary of the controlling shareholder Dongxu Group Ltd.100% stake in Sichuan
Ruiyi Construction Engineering Co., Ltd. within the report period, and will be included in the consolidated statements.Completion of
the acquisition in January, Gu unconsolidated profit. as completion of the acquisition by June, the profit will not be unconsolidated
Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014 VII. Notes to the major items of consolidated financial statement
1.Monetary Capital
In RMB
||||||||
|-|-|-|-|-|-|-|
||Year-end balance|||Year-beginning balance|||
|Items||Exchange|||Exchange||
||Foreign currency||RMB|Foreign currency||RMB|
|||rate|||rate||
|Cash|--|--|224,205.79|--|--|187,646.23|
|RMB|--|--|224,205.79|--|--|187,646.23|
|Bank deposit|--|--|1,231,229,652.60|--|--|2,303,544,544.74|
|RMB|--|--|1,231,229,652.60|--|--|2,303,544,544.74|
|Other|--|--|501,204,299.04|--|--|282,928,760.07|
|RMB|--|--|501,204,299.04|--|--|282,928,760.07|
|Total|--|--|1,732,658,157.43|--|--|2,586,660,951.04|

 Notes of Monetary fund has not these conditions such as usage limitation for mortgage, pledge or frozen fund, stored overseas, with potential recovery risk.
Yangzi bank acceptance bill of RMB 75,000,000 for the restricted monetary capital.
2.Bill receivable
（1）Classification bill receivable
In RMB
||||
|-|-|-|
|Classification|Year-end balance|Year-beginning balance|
|Bank acceptance|14,500,000.00||
|Trade acceptance|383,300,000.00||
|Total|397,800,000.00||

3. Account receivable
(1)Classification account receivables.
In RMB
||||||||||
|-|-|-|-|-|-|-|-|-|
||Amount in year-end||||Amount in year- begin||||
||Book Balance||Bad debt provision||Book Balance||Bad debt provision||
|Classification|||||||||
|||Proportion(||Proportion(||Proportion(||Proportion(%|
||Amount||Amount||Amount||Amount||
|||%)||%)||%)||))|
|Receivables with major|||||||||
||185,972,30|11.65%|14,009,355.|7.53%|14,009,35|1.46%|14,009,355.5|100.00%|
|individual amount and bad|||||||||

Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014
||||||||||
|-|-|-|-|-|-|-|-|-|
|debt provision provided|1.36||59||5.59||9||
|individually receivables|||||||||
|with major individual|||||||||
|amount and bad debt|||||||||
|provision provided|||||||||
|individually|||||||||
|Receivables provided bad debt provision in groups|||||||||
||21,197,752.||3,099,775.6||6,438,483||||
|Age group||1.33%||14.62%||0.67%|3,010,290.48|46.75%|
||78||8||.14||||
||1,389,154,3||||939,857,2||||
|Other group||87.02%||0.00%||97.87%||0.00%|
||00.25||||69.45||||
||1,410,352,053.03|88.35%|3,099,775.68|0.22%|946,295,752.59|98.54%|3,010,290.48|0.32%|
|Subtotal group|||||||||
||1,596,324,3||17,109,131||960,305,1||17,019,646.0||
|Total||--||.--||--||--|
||54.39||27||08.18||7||

Notes
Receivable accounts with large amount individually and bad debt provisions were provided.
√Applicable□Not applicable
In RMB
||||||
|-|-|-|-|-|
|Description of the receivable accounts|Book balance|Bad debt provision|Rate|Reason to provide|
|Hefei BOE Optoelectronics Technology|||||
||95,380,824.24||0.00%||
|Co., Ltd.|||||
|CPT Co., Ltd.|15,082,121.53||0.00%||
|Jiangsu Yijing Optoelectronics Energy|||||
||61,500,000.00||0.00%||
|Co., Ltd.|||||
|Baoshi TV Factory|14,009,355.59|14,009,355.59|100.00%|Non-recoverable|
|Total|185,972,301.36|14,009,355.59|--|--|

Receivable account in Group on which bad debt provisions were provided on agebasis：
√Applicable□Not applicable
In RMB
||||||||
|-|-|-|-|-|-|-|
||Amount in year-end|||Amount in year- begin|||
||Book Balance|||Book Balance|||
|Age|||Bad debt provision||||
|||Proportion(|||Proportion(|Bad debt provision|
||Amount||Amount|Amount|||
|||%)|||%)||
|Within 1 year|||||||
|Thereinto:|--|--|--|--|--|--|
|Within credit|||||||
||12,969,304.02|61.18%|||0.00%||
|period|||||||

Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014
||||||||
|-|-|-|-|-|-|-|
|Within 1 year after|||||||
||5,397,738.38|25.46%|269,886.92|3,608,034.38|56.04%|180,401.72|
|credit period|||||||
|Subtotal of Within|||||||
||18,367,304.02|86.64%|269,886.92|3,608,034.38|56.04%|180,401.72|
|1 year|||||||
|1-2 years|0.00|0.00%|0.00||0.00%||
|2-3 years|800.00|0.00%|240.00|800.00|0.01%|240.00|
|3-4 years|0.00|0.00%|||0.00%||
|4-5 years|0.00|0.00%|||0.00%||
|Over 5 years|2,829,648.76|13.35%|2,829,648.76|2,829,648.76|43.95%|2,829,648.76|
|Total|21,197,752.78|--|3,099,775.68|6,438,483.14|--|3,010,290.48|

 Receivable account in Group on which bad debt provisions were provided on percentagebasis：
□Applicable√Not applicable
Receivable accounts on which bad debt provisions are provided by other ways in theportfolio：
√Applicable□Not applicable
In RMB
||||
|-|-|-|
|Name|Book balance|Amount of bad debt|
|Other group|1,389,154,300.25||
|Total|1,389,154,300.25||

In the end report period, separate amount is not large , the account receivable with big combination risk after combined via risk character
□Applicable√Not applicable
（2）Particulars about the receivable accounts due from shareholders with5% or over of theCompany’s shares in the report period.
In RMB
||||||
|-|-|-|-|-|
||Year-end balance||Year-beginning balance||
|Name|||||
||Book Balance|Amount|Book Balance|Amount|
|Dongxu Group|918,618.00||1,000,000.00||
|Total|918,618.00||1,000,000.00||

（3）The front 5units’ information of account receivable
In RMB
||||||
|-|-|-|-|-|
|Name|Relation with the|||Portion in totalreceivables (%)|
|||Amount|Ages||
||Company||||
|Shijiazhuang Xuxin OptoelectronicTechnology Co., Ltd.|||||
||Related parties|859,293,266.99|Within 1 year|53.83%|
|Dongxu(Yingkou) OptoelectronicDisplay Co., Ltd.|||||
||Related parties|329,692,778.31|Within 2 years|20.65%|
|Zhengzhou Xufei Optoelectronic|Related parties|186,758,661.70|Within 1 years|11.70%|

Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014
||||||
|-|-|-|-|-|
|Technology Co., Ltd.|||||
|Hefei BOE Optoelectronics Technology|||||
||Non-related parties|95,380,824.24|Within 1 year|5.98%|
|Co., Ltd.|||||
|Jiangsu Yijing Optoelectronics Energy|||||
||Non-related parties|61,500,000.00|Within 1 year|3.85%|
|Co., Ltd.|||||
|Total|--|1,532,625,531.24|--|96.01%|

（4）Account receivable from Related parties
In RMB
|||||
|-|-|-|-|
||||Portion in total|
|Name|Relation with the company|Amount|receivables|
||||account(%)|
|Shijiazhuang Xuxin Optoelectronic Technology Co., Ltd.|Related parties|859,293,266.99|53.83%|
|Dongxu(Yingkou) Optoelectronic Display Co., Ltd.|Related parties|329,692,778.31|20.65%|
|Zhengzhou Xufei Optoelectronic Technology Co., Ltd.|Related parties|186,758,661.70|11.70%|
|Sichuan Xuhong Optoelectronic Technology Co., Ltd.|Related parties|3,355,073.09|0.21%|
|Dongxu Group|Controlling shareholders|918,618.00|0.06%|
|Dongxu Optoelectronic Investment Co., Ltd.|Related parties|750,000.00|0.05%|
|Hebei Baoshi Energy sarving Lighting Technology Co.,||||
||Related parties|20,000.00|0.00%|
|Ltd.||||
|Total|--|1,380,788,398.09|86.50%|

 4. Other receivable
(1)Type analyses:
In RMB
||||||||||
|-|-|-|-|-|-|-|-|-|
||Amount in year-end||||Amount in year-begin||||
||Book Balance||Bad debt provision||Book Balance||Bad debt provision||
|Type|||||||||
|||Proportio||Proportio||Proportion(||Proportio|
||Amount||Amount||Amount||Amount||
|||n(%)||n(%)||%)||n(%)|
|Other Receivables provided bad debt provision in groups|||||||||
||10,581,010.3||||||||
|Age group||16.28%|2,885,592.58|27.27%|2,919,929.78|9.07%|2,889,329.78|98.95%|
||6||||||||
||54,418,130.8||||29,270,040.4||||
|Other group||83.72%||0.00%||90.93%||0.00%|
||8||||9||||
||64,999,141.2||||32,189,970.2||||
|Subtotal group||100.00%|2,885,592.58|4.44%||100.00%|2,889,329.78|8.98%|
||4||||7||||
||64,999,141.2||||32,189,970.2||||
|Total||--|2,885,592.58|--||--|2,889,329.78|--|
||4||||7||||

Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014 Notes
Other receivable accounts with large amount and were provided had debt provisions individually at end of period.
□Applicable√Not applicable
Other receivable accounts in Group on which bad debt provisions were provided on age analyzebasis：
√Applicable□Not applicable
In RMB
||||||||
|-|-|-|-|-|-|-|
||Amount in year-end|||Amount in year-begin|||
||Book balance|||Book balance|||
|Age|||Bad debt reserve||||
|||Proporti|||Proporti|Bad debt reserve|
||Amount||Amount|Amount|||
|||on(%)|||on(%)||
|Within 1 year|||||||
|Including：|||||||
|Within credit period|7,664,817.78|72.44%||0.00|0.00%||
|Within 1 year after|||||||
||0.00|0.00%||0.00|0.00%||
|credit period|||||||
|Subtotal of Within 1|||||||
||7,664,817.78|72.44%|0.00|0.00|0.00%|0.00|
|year|||||||
|1-2 years|34,000.00|0.32%|3,400.00|34,000.00|1.16%|3,400.00|
|Over 5 years|2,882,192.58|27.24%|2,882,192.58|2,885,929.78|98.84%|2,885,929.78|
|Total|10,581,010.36|--|2,885,592.58|2,919,929.78|--|2,889,329.78|

 Other receivable account in Group on which bad debt provisions were provided on percentagebasis：
□Applicable√Not applicable
Other Receivable accounts on which bad debt provisions are provided by other ways in theportfolio：
√Applicable□Not applicable
In RMB
||||
|-|-|-|
|Name|Book balance|Amount of bad debts|
|Other group|54,418,130.88||
|Total|54,418,130.88||

Separate amount is big at end of the period or not big but other account receivable and doubtful reserves shall be withdrawn.□Applicable√Not applicable
（2）Other receivable accounts actually written off in the report period
In RMB
|||||||
|-|-|-|-|-|-|
|Name of the|Nature of other||Amount of written|Reason of written|Occurred under related|
|||Date of written off||||
|Company|receivable||off|off|relationship|
|Yang Jizhan|||787.20|Non-Reicoverable|No|
|Li Zhi|||2,000.00|Non-Reicoverable|No|

Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014
|||||||
|-|-|-|-|-|-|
|Total|--|--|2,787.20|--|--|

（3）Particulars about the other receivable accounts due from shareholders with5% or over of theCompany’s shares in the report period.
In RMB
||||||
|-|-|-|-|-|
||Balance at the period end||Balance in year-begin||
|Name||Amount of bad debt|Book amount|Amount of bad debt|
||Book amount||||
|||provision||provision|
|Shijiazhuang Baoshi Group|2,218,861.15|0.00|899,535.29|0.00|
|Total|2,218,861.15||899,535.29||

（4）The front 5units’ information of other account receivable
In RMB
||||||
|-|-|-|-|-|
|||||Portion in total|
||Relation with the||||
|Name||Amount|Ages|other|
||company||||
|||||receivables(%)|
|Finance Bureau of Wuhu Economy|||||
||Non-Related parties|17,988,000.00|With in 1year|27.71%|
|Technology Development Zone|||||
|Jiangbei Industry Zone Management|||||
||Non-Related parties|17,448,625.89|With in 1year|26.88%|
|Committee of Anhui Province|||||
|China Electronic Import& export|||||
||Non-Related parties|3,902,067.00|With in 1year|6.01%|
|Corporation|||||
|Shijiazhuang Baoshi Electronic Group Co.,|||||
||Related parties|2,218,861.15|With in 1year|3.42%|
|Ltd.|||||
|Shijiazhuang Baoshi Electronic vacuum|||||
||Related parties|2,138,467.07|With in 1year|3.29%|
|Glass Co., Ltd.|||||
|Total|--|43,696,021.11|--|67.31%|

（5）Other Account receivable from Related parties
In RMB
|||||
|-|-|-|-|
||||Proportion in total|
|Name|Relation with the Company|Amount|other receivables|
||||(%)|
|Shijiazhuang Baoshi Electronic Group Co., Ltd.|Related parties|2,218,861.15|3.42%|
|Shijiazhuang Baoshi Electronic vacuum Glass Co., Ltd.|Related parties|2,138,467.07|3.29%|
|Shijiazhuang Baoshi Zhonghe Steel Plastic Shape Co., Ltd.|Related parties|1,222,881.50|1.88%|
|Shijiazhuang Baoshi Xuming Tube Co., Ltd.|Related parties|771,500.55|1.19%|
|Shijiazhuang Baoshi Large-diameter plastic tube Co., ltd.|Related parties|673,962.50|1.04%|
|Hebei Baoshi Energy Saving Lighting Technology Co., Ltd.|Related parties|646,561.00|1.00%|

Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014
|||||
|-|-|-|-|
|Sichuan Xuhong Optoelectronic Technology Co., Ltd.|Related parties|4,147.59|0.01%|
|Total|--|7,676,381.36|11.83%|

 5. Payment in advance
（1）payment in advance:age :
In RMB
||||||
|-|-|-|-|-|
||End of term||Beginning of term||
|Age||Proportion||Proportion|
||Amount||Amount||
|||（%）||（%）|
|Within 1 year|3,778,041,487.67|99.05%|2,736,913,977.82|98.13%|
|1-2 years|36,175,541.10|0.95%|51,156,109.27|1.83%|
|2-3 years|||884,616.10|0.03%|
|Over 3 years|0.00|0.00%|7,434.75|0.00%|
|Total|3,814,217,028.77|--|2,788,962,137.94|--|

 Notes to age of payment inadvance:：
（2） The front 5units’ information of Prepayments
In RMB
||||||
|-|-|-|-|-|
||Relation with the|||Reason of not|
|Unit name||Amount|Time||
||company|||clearing|
|Wuxi Aiditong Metal Material|||||
||Not- Related parties|762,334,378.88|Within 1 year||
|Technology|||||
|Beijing Manniqi Technology|||||
||Not- Related parties|550,380,000.00|Within 1 year||
|Development Co., Ltd.|||||
|Chengdu Guangming Paite Noble metal|||||
||Not- Related parties|509,658,288.50|Within 1 year||
|Co., Ltd.|||||
|Beijing Stone Industrial Control Co., Ltd.|Not- Related parties|285,739,063.91|Within 1 year||
|Zibo Industrial Ceramics Refractories Co.|||||
||Not- Related parties|183,436,687.60|Within 1 year||
|Ltd.|||||
|Total|--|2,291,548,418.89|--|--|

 Notes
(3) Prepayment received by shareholding parties holding5% or above of theCompany’s shares in the report period. In RMB
||||||
|-|-|-|-|-|
||Balance at the period end||Balance in year-begin||
|Name||Amount of bad debt||Amount of bad debt|
||Book amount||Book amount||
|||provision||provision|

Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014
||||
|-|-|-|
|Baoshi Group|14,536,043.55|14,536,043.55|
|Total|14,536,043.55|14,536,043.55|

6．Inventory
（1）Inventory types
In RMB
||||||||
|-|-|-|-|-|-|-|
||Year-end balance|||Year-beginning balance|||
|Items|||||||
||Book balance|Provision for|Book value|Book balance|Provision for bad|Book value|
|||bad debts|||debts||
|Raw materials|178,396,766.46|0.00|178,396,766.46|279,248,721.95|0.00|279,248,721.95|
|Processing products|514,648.23|0.00|514,648.23|1,768,002.26|0.00|1,768,002.26|
|Stock goods|5,219,116.76|251,564.26|4,967,552.50|13,756,104.07|251,564.26|13,504,539.81|
|Revolving materials|0.00|0.00|0.00|4,074,310.78|0.00|4,074,310.78|
|Material|||||||
||4,592,738.14|0.00|4,592,738.14|23,590.28|0.00|23,590.28|
|procurement|||||||
|Materials in|||||||
||0.00|0.00|0.00|||0.00|
|transport|||||||
|Material cost|||||||
||0.00|0.00|0.00|||0.00|
|difference|||||||
|Net price of goods|0.00|0.00|0.00|||0.00|
|Other|14,178,836.32|0.00|14,178,836.32|||0.00|
|Total|202,902,105.91|251,564.26|202,650,541.65|298,870,729.34|251,564.26|298,619,165.08|

（2）Inventory Impairment provision
In RMB
|||||||
|-|-|-|-|-|-|
||Book balance at year|Amount accounted in|Amount Decreased in current period|||
||||||Book balance at period|
|Type||||||
||beginning|current period|Transferred back|Reselling|end|
|Raw materials|0.00||||0.00|
|Processing products|0.00||||0.00|
|Stock goods|251,564.26||||251,564.26|
|Revolving materials|0.00||||0.00|
|Total|251,564.26||||251,564.26|

7.Other current assets
In RMB
Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014
||||
|-|-|-|
|Items|End of term|Beginning of term|
|Remaining tax VAT (taxes payable Reclassific|||
||36,813,548.62|17,632,804.57|
|ation)|||
|Prepaid corporate income tax returned overpay|||
|ment(taxes payable Reclassification)|||
|Other|58,000,000.00|58,000,000.00|
|Total|94,813,548.62|75,632,804.57|

 Notes
In 1993, the subsidiary of Baoshi Company the Color Bulb company needs to use foreign exchange to import equipments for establishing . Color Bulb production lines. To ensure that the equipments imported for the Color Bulb project be in place as soon as possible, on November 13, 1993, Baoshi Group has signed the RMB and US dollar Exchange Agreement with Hebei Provincial Department of Finance, both of whom have agreed that: on November 16, 1993, Baoshi Group exchanged 58 million yuan for 10 million US dollars with Hebei Provincial Department of Finance, and mutually pay annual interest of5.5% for dollar and7.38% for RMB, with the interest settlements of every six months; On November 16, 1998, the company (on December 31, 1995, the Exchange Agreement contracting party has changed from Baoshi Group to the subsidiary Color Bulb company) exchanged back 58 million yuan and the related interest with 10 million US dollars and the related interest as well.
During the agreement, both parties did not pay interest; Agreement expires, due to exchange rate changes, the two parties carried out negotiation for several times on the displacement amount, however, at present, no agreement has been reached. By the date of issuing this report, both parties did not take judicial proceedings or resort to arbitrations, but still in friendly negotiation.
8.Investment real estate
（1）Measured by the cost of investment in real estate
In RMB
||||||
|-|-|-|-|-|
|Items|Book amount at year|Increase at this period|Decrease at this period|Book balance in|
||beginning|||year -end|
|1. Total original price|77,990,458.53|0.00|77,990,458.53|0.00|
|1.House, Building|77,990,458.53|0.00|77,990,458.53|0.00|
|2.Land use right|0.00|||0.00|
|II.Total accumulated depreciation|||||
||65,773,844.27|0.00|65,773,844.27|0.00|
|accumulated amortization|||||
|1.House, Building|65,773,844.27|0.00|65,773,844.27|0.00|
|2.Land use right|0.00|||0.00|
|III. Total book value of investment|||||
||12,216,614.26||12,216,614.26|0.00|
|real estate|||||
|1.House, Building|12,216,614.26||12,216,614.26|0.00|
|2.Land use right|0.00|||0.00|
|IV. Total accumulativeprovision for|0.00|0.00|0.00|0.00|

Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014
||||||
|-|-|-|-|-|
|investment real estate provision|||||
|1.House, Building||0.00|0.00|0.00|
|2.Land use right||||0.00|
|V. Total book value of investment|||||
||12,216,614.26||12,216,614.26|0.00|
|real estate|||||
|1.House, Building|12,216,614.26||12,216,614.26|0.00|
|2.Land use right|0.00|||0.00|

 In RMB
|||
|-|-|
||This period|
|Current amount of depreciation and amortization|0.00|
|Investment real estate in this period the amount of impairment|0.00|

 9. Fixed assets
（1）Fixed assets
In RMB
|||||||
|-|-|-|-|-|-|
|Items|Book amount at|Increase at this period||Decrease at this|Book balance in|
||year beginning|||period|year -end|
|1.Total of Original price of||||||
||334,475,198.00|1,315,774,424.61|||1,650,249,622.61|
|fixed assets||||||
|Including ：House and||||||
||111,580,740.49|292,022,599.94|||403,603,340.43|
|building||||||
|Machine equipment|139,880,949.73|941,472,076.06|||1,081,353,025.79|
|Transpiration Equipment|12,832,178.75|2,058,351.82|||14,890,530.57|
|Other equipment|70,181,329.03|80,221,396.79|||150,402,725.82|
||Book balance at|Current term ne|Current term|Decrease at this|Book balance in|
|--||||||
||year beginning|w extra|provision|period|year -end|
|II. Total of Accumulated||||||
||193,330,198.80|65,773,844.27|13,944,642.53||273,048,685.60|
|depreciation||||||
|Including ：House and||||||
||76,192,320.77|65,773,844.27|4,911,080.32||146,877,245.36|
|building||||||
|Machine equipment|109,696,382.97||6,332,633.95||116,029,016.92|
|Transpiration Equipment|2,713,330.06||761,815.82||3,475,145.88|
|Other equipment|4,728,165.00||1,939,112.44||6,667,277.44|
|--|Book balance in|--|||Balance in|

Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014
|||||
|-|-|-|-|
||year-begin||year-end|
|III. Total book value of||||
||141,144,999.20|--|1,377,200,937.01|
|Fixed assets||||
|Including ：House and||||
||35,388,419.72|--|256,726,095.07|
|building||||
|Machine equipment|30,184,566.76|--|965,324,008.87|
|Transpiration Equipment|10,118,848.69|--|11,415,384.69|
|Other equipment|65,453,164.03|--|143,735,448.38|
|IV. Total of Devalued||||
||36,444.84|--|36,444.84|
|Provision||||
|Machine equipment|36,444.84|--|36,444.84|
|Other equipment||--||
|V. Total book value of Fixed|141,108,554.36||1,377,164,492.17|
|||--||
|assets||||
|Including ：House and||||
||35,388,419.72|--|256,726,095.07|
|building||||
|Machine equipment|30,148,121.92|--|965,287,564.03|
|Transpiration Equipment|10,118,848.69|--|11,415,384.69|
|Other equipment|65,453,164.03|--|143,735,448.38|

 Current depreciation is RMB79,718,486.80 . The issue of fixed assets transferred from construction in progress original price is RMB1,299,442,199.70 .
10. Project under construction
(1)Project under construction
In RMB
||||||||
|-|-|-|-|-|-|-|
||Year-end balance|||Year-beginning balance|||
|Items|Book balance|Provision for|Book Net value|Book balance|Provision for|Book Net value|
|||devaluation|||devaluation||
|Transformation of Glass II|||||||
||0.00||0.00|23,712,084.39||23,712,084.39|
|tube|||||||
|LCD glass substrate|1,428,225,203.||1,428,225,203.|1,875,763,731.|||
|||||||1,875,763,731.37|
|production line|20||20|37|||
|Factory building project|21,006,525.89||21,006,525.89|14,642,297.22||14,642,297.22|
||1,449,231,729.||1,449,231,729.09|1,914,118,112.||1,914,118,112.98|
|Total|||||||
||09|||98|||

(2) The variation in constructing the engineering project
Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014 In RMB
||||||||||||||
|-|-|-|-|-|-|-|-|-|-|-|-|-|
||||||||||Includin||||
|||||||||Capitaliz|g：||||
|||Amount||Transferr||||ation of|Current|Capitaliz|||
||||Increase|||||||||Balance|
|||at year||ed to|Other|Proportio|Progress|interest|amount|ation of|Source||
|Name|Budget||at this|||||||||in|
|||beginnin||fixed|decrease|n(%)|of work|accumul|of|interest|of funds||
||||period|||||||||year-end|
|||g||assets||||ated|capitaliz|ratio（%|||
|||||||||balance|ation of||||
||||||||||interest||||
|Transfor|||||||||||||
|mation||23,712,0||23,712,0|||||||||
|||||||||||||0.00|
|of Glass||84.39||84.39|||||||||
|II tube|||||||||||||
|LCD|||||||||||||
|glass|||||||||||||
||7,576,52|1,875,76|828,191,|1,275,73||||249,905,|119,946,|||1,428,22|
|substrate|||||||35.49%||||||
||0,000.00|3,731.37|587.14|0,115.31||||261.86|025.58|||5,203.20|
|producti|||||||||||||
|on line|||||||||||||
|Factory|||||||||||||
||25,000,0|14,642,2|6,364,22|||||||||21,006,5|
|building|||||||84.03%||||||
||00.00|97.22|8.67|||||||||25.89|
|project|||||||||||||
||7,601,52|1,914,11|834,555,|1,299,44||||249,905,|119,946,|||1,449,23|
|Total||||||--|--|||--|--||
||0,000.00|8,112.98|815.81|2,199.70||||261.86|025.58|||1,729.09|

 Notes
（3）Explanation on construction in process
In current period,subsidiary Wuhu Dongxu Optoelectronic Technology Co., Ltd added parts of glass substrate production line projects which were in the stage of preparation, So construction in progress at the end of period changed greatly over beginning of period.
11. Engineering Material
In RMB
||||||
|-|-|-|-|-|
||Balance in|Increase at this|Decrease at this||
|Items||||Balance in year-end|
||year-begin|period|period||
|Special material|17,699,810.22|906,318.00|18,600,696.07|5,432.15|
|Special Equipment|14,017.09||14,017.09||
|Special tools|94,973,832.73|38,044,590.32|125,216,007.80|7,802,415.25|
|Total|112,687,660.04|38,950,908.32|143,830,720.96|7,807,847.40|

Notes.
Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014 12. Intangible assets
（1） Intangible assets
In RMB
||||||
|-|-|-|-|-|
||Book Balance in|||Book Balance in|
|Items||Increase at this period|Decrease at this period||
||year-begin|||year-end|
|1. Total original price|120,009,226.25|56,181,521.18||176,190,747.43|
|Patent right|||||
|Proprietary technology|||||
|Right of trade mark|||||
|Acquisition of software|1,125,005.25|188,993.18||1,313,998.43|
|Land use right|118,884,221.00|55,992,528.00||174,876,749.00|
|II. Total amount of|||||
||7,221,560.48|1,521,150.69||8,742,711.17|
|accumulated|||||
|Patent right|||||
|Proprietary technology|||||
|Right of trade mark|||||
|Acquisition of software|53,839.07|137,269.05||191,108.12|
|Land use right|7,167,721.41|1,383,881.64||8,551,603.05|
|III. Book value of intangible|||||
||112,787,665.77|54,660,370.49||167,448,036.26|
|assets|||||
|Patent right|||||
|Proprietary technology|||||
|Right of trade mark|||||
|Acquisition of software|1,071,166.18|51,724.13||1,122,890.31|
|Land use right|111,716,499.59|54,608,646.36||166,325,145.95|
|Patent right|||||
|Proprietary technology|||||
|Right of trade mark|||||
|Acquisition of software|||||
|Land use right|||||
|Total of Book value of|112,787,665.77|||167,448,036.26|
|||54,660,370.49|||
|intangible assets|||||
|Patent right|||||
|Proprietary technology|||||
|Right of trade mark|||||

Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014
|||||
|-|-|-|-|
|Acquisition of software|1,071,166.18|51,724.13|1,122,890.31|
|Land use right|111,716,499.59|54,608,646.40|166,325,145.95|

 The amortization amount is RMB1,521,150.69.
13. Deferred income tax assets and deferred income tax liability
(1)Confirmed the deferred income tax assets and deferred income tax liability
Recognized deferred income tax assets and deferred income tax liabilities
In RMB
||||
|-|-|-|
|Items|Year-end balance|Year-beginning balance|
|Deferred income tax assets:|||
|Assets devaluation provision|3,209,764.59|3,184,388.51|
|Deductible loss|4,884,209.82|4,883,275.53|
|Not realized the internal profit|59,834,372.71|9,530,968.46|
|Subtotal|67,928,347.12|17,598,632.50|
|Deferred income tax liability：|||

Details of the un-recognized deferred income tax assets
In RMB
||||
|-|-|-|
|Items|At end of term|At beginning of term|
|Deductible temporary differences|1,865,554.53|1,864,857.73|
|Deductible loss|4,481,209.94|7,239,313.18|
|Devaluation provision|||
|Total|6,346,764.47|9,104,170.91|

 Deductible losses of the un-recognized deferred income tax asset will expire in the following years
In RMB
|||||
|-|-|-|-|
|Year|At end of term|At beginning of term|Notes|
|2017||1,376,220.32||
|2018||27,581,032.38||
|Total||28,957,252.70|--|

Details of taxable differences and deductible differences
In RMB
||||
|-|-|-|
||Amount of temporary differences||
|Items|||
||At end of term|At beginning of term|
|Differences in taxable items|||

Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014
||||
|-|-|-|
|Deductible difference project|||
|Assetsy devaluation provision|12,839,058.34|12,737,554.02|
|Start-up costs|||
|Deductible loss|19,536,839.28|19,533,102.12|
|Not realized the internal profit|246,285,464.07|38,123,873.84|
|Subtotal|278,661,361.69|70,394,529.98|

（2）Deferred income tax assets and liabilities are presented as net amount after neutralization
Statement on deferred income tax assets andliabilities：
In RMB
||||||
|-|-|-|-|-|
|||Temporarily||Temporarily|
||Deferred Income Tax||Deferred Income Tax||
|||Deductable or||Deductable or|
||Assets or Liabilities||Assets or Liabilities||
|Items||Taxable Difference at||Taxable Difference at|
||at the End of Report||at the Beginning of||
|||the End of Report||the Beginning of|
||Period||Report Period||
|||Period||Report Period|
|Deferred income tax assets|||||

Details of taxable differences and deductible differences
In RMB
|||
|-|-|
|Items|Offsetting Amounts of This Period|

Notes
14. Provision for depreciation of assets
In RMB
|||||||
|-|-|-|-|-|-|
||||Decreased in this period|||
||Book balance at the|Increase in this|||Balance in|
|Items||||Switch||
||beginning of term|period|Switch back||year-end|
|||||cancellation||
|I. Provision for bad debts|19,908,975.85|218,700.00|130,164.80|2,787.20|19,994,723.85|
|2 Inventory impairment|251,564.26||||251,564.26|
|provision||||||
|6.Investment Real estate|0.00|0.00|||0.00|
|impairment provision||||||
|7 Fixed asset impairment|36,444.84||||36,444.84|
|provision||||||
|Total|20,196,984.95|218,700.00|130,164.80|2,787.20|20,282,732.95|

Notes
Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014 15. Short-term loan
（1）Categories of short-term loans
In RMB
||||
|-|-|-|
||Balance in year-end|Balance in year-Beginning|
|Items|||
|Guarantee loan|540,000,000.00|580,000,000.00|
|Total|540,000,000.00|580,000,000.00|

 Notes
16. .Bills payable
In RMB
||||
|-|-|-|
|Type|At end of term|At beginning of term|
|Bank acceptance|705,000,000.00|150,000,000.00|
|Total|705,000,000.00|150,000,000.00|

 Amount due in next fiscal period is RMB . 705,000,000.00
Statement on Billspayable：
17 Account payable
（1）Account payable
In RMB
||||
|-|-|-|
|Items|Balance in year-end|Balance in year-begin|
|Account payable|351,494,831.35|134,665,580.06|
|Total|351,494,831.35|134,665,580.06|

 18Advance account
(1)Advance account
In RMB
||||
|-|-|-|
|Items|Balance in year-end|Balance in year-begin|
|Advance account|13,611,157.83|3,451,630.20|
|Total|13,611,157.83|3,451,630.20|

 19. Payable Employee wage
In RMB
||||||
|-|-|-|-|-|
|Items|Balance in year-begin|Increase in this period|Decrease in this period|Balance in year-end|

Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014
||||||
|-|-|-|-|-|
|1.Wages, bonuses,|||||
|allowances and|12,743,358.52|106,141,979.99|104,613,457.48|14,271,881.03|
|subsidies|||||
|II.Employee welfare||21,020,626.57|21,020,626.57||
|III. Social insurance|||||
||388,756.21|12,150,954.55|11,620,956.56|918,754.20|
|premiums|||||
|(1)Medical insurance|24,775.53|3,392,518.71|3,197,148.85|220,145.39|
|(2)Basic old-age|||||
||203,677.83|6,931,882.40|6,582,538.89|553,021.34|
|insurance premiums|||||
|(3) Unemployment|||||
||7,189.76|428,593.78|392,062.37|43,721.17|
|insurance|||||
|（4）Work injury|||||
||153,113.09|189,723.43|240,970.22|101,866.30|
|insurance|||||
|（5）Maternity|||||
|||1,208,236.23|1,208,236.23||
|insurance|||||
|IV. Public reserves|||||
||628,181.02|2,057,960.63|2,199,231.01|486,910.64|
|for housing|||||
|VI.Other|4,124,713.78|1,244,072.11|1,729,591.30|3,639,194.59|
|（1）Union funds|||||
|and staff education|3,055,258.20|831,776.71|1,667,884.90|2,219,150.01|
|fee|||||
|（2）Other|1,069,455.58|412,295.40|61,706.40|1,420,044.58|
|Total|17,885,009.53|142,615,593.85|141,183,862.92|19,316,740.46|

 The amounts of arrears of staff salary and welfare payable are RMB 0 00.
The amounts of trade union funds and staff education expenses are RMB2,219,150.01, the amounts of non-monetary benefits are RMB 0.00, and the compensations for the lifting of labor relations is 0
Arrangements of expected time and amount to pay the salary of the employees.
20. Tax Payable
In RMB
||||
|-|-|-|
|Items|At end of term|At beginning of term|
|VAT|-261,216,879.15|-236,920,160.08|
|Business Tax|661,901.04|4,482,627.42|
|Enterprise Income tax|90,848,333.67|59,242,665.33|
|Individual Income tax|1,349,386.09|1,141,382.69|
|City Construction tax|2,340,182.25|950,293.72|

Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014
||||
|-|-|-|
|Surcharge for education|1,678,269.69|635,150.33|
|House property Tax|1,176,457.72|1,471,469.03|
|Stamp tax|1,621,141.44|146,249.30|
|Other|15,544.38||
|Total|-161,525,662.87|-168,850,322.26|

 Statement on tax payable: Please provide the calculating processes then taxable income is balanced between branch companies or factories as approved by the tax bureau.
21. Interest Payable
In RMB
||||
|-|-|-|
|Items|At end of term|At beginning of term|
|Long-term loans interest of installment and interest charge|4,931,437.33||
|Short term loan interest payable|612,486.28||
|Total|5,543,923.61||

Notes
22. Other payable
（1）Other payable
In RMB
||||
|-|-|-|
|Items|At end of term|At beginning of term|
|Other payable|87,201,521.76|46,922,065.04|
|Total|87,201,521.76|46,922,065.04|

 (2)There were other receivable from the main shareholders of the Company holding more than5% (including5%) of the total shares of the Company.
In RMB
||||
|-|-|-|
|Items|At end of term|At beginning of term|
|Dongxu Group|35,001,133.65|9,218,289.20|
|Total|35,001,133.65|9,218,289.20|

（3）Statement on large amount other payable accounts due for over one year
23.Other current liabilities
In RMB
||||
|-|-|-|
|Items|Year-end balance|Year-Beginning balance|
|Government subsidies-- Environmental protection|||
||20,000.00|20,000.00|
|subsidies for Phase-II Glass Tube Project|||

Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014
||||
|-|-|-|
|USD exchange|61,528,000.00|60,969,000.00|
|Total|61,548,000.00|60,989,000.00|

 Notes
In 1993,the Group signed the agreement on exchange of US dollars which agreed returning 10,000,000 US dollars to the Exchange Unit and repossess the RMB 58,000,000 exchanged in November 1998, As of June 30, 2014, the Group still consults with the Exchange Unit on the returning of the exchange.
24. Long-term loans
（1）Long-term loans classifications
In RMB
||||
|-|-|-|
|Items|Year-end balance|Year-Beginning balance|
|Mortagage loans|3,000,000,000.00|2,300,000,000.00|
|Total|3,000,000,000.00|2,300,000,000.00|

 Notes
Note 1: The long-term loans not only mortgage the loans, but also guarantee the loans. Of which,
(1) The mortgage and the guarantor for the loans of RMB 800 million are: a. Wuhu Dongxu Optoelectronic Technology Co., Ltd makes the mortgage of 202 acres of state-owned land use rights and the plants after the construction of the project, and makes the mortgage guarantee with two channels of precious metals of platinum; b. the guarantor of loans is Wuhu Construction Investment Co., Ltd.
(2) The mortgage and the guarantor for the loans of RMB2.2 billion are: a. Wuhu Dongxu Optoelectronic Technology Co., Ltd provides the mortgage guarantee with its own assets of eight channels of precious metals of platinum; b. Dongxu Optoelectronic Technology Co., Ltd offers the fully related liability.
Notes 2: The Company had no due long-term loans to be repaid.
（2）The top five of long-term loans
In RMB
||||||||||
|-|-|-|-|-|-|-|-|-|
||||||Year-end balance||Year-beginning balance||
||Loans|Loans ending||Interest rate|Amount of||Amount of||
|Loan unit|||Currency|||Amount of||Amount of|
||starting date|date||（%）|foreign||foreign||
|||||||RMB||RMB|
||||||currency||currency||
|National|||||||||
||November|November||||1,300,000,00||1,300,000,00|
|Development|||RMB|6.55%|||||
||12, 2013|12, 2021||||0.00||0.00|
|Bank|||||||||
|National|||||||||
|||||||400,000,000.||400,000,000.|
|Development|July 31,2012|July 31, 2020|RMB|7.21%|||||
|||||||00||00|
|Bank|||||||||
|National|||||||||
||September|||||200,000,000.||200,000,000.|
|Development||July 31, 2020|RMB|7.21%|||||
||20, 2012|||||00||00|
|Bank|||||||||

Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014
|||||||||
|-|-|-|-|-|-|-|-|
|National||||||||
||October 29,|||||200,000,000.|200,000,000.|
|Development||July 31, 2020|RMB|7.21%||||
||2012|||||00|00|
|Bank||||||||
|National||||||||
||Fubruary 19,|November||||200,000,000.||
|Development|||RMB|7.21%||||
||2014|12,2021||||00||
|Bank||||||||
|National||||||||
||October 29,||||||100,000,000.|
|Development||July 31, 2020|RMB|7.21%||||
||2012||||||00|
|Bank||||||||
|||||||2,300,000,00|2,200,000,00|
|Total|--|--|--|--|--|||
|||||||0.00|0.00|

 Statement on long-term loans. For long-term loans over due but extended for another period, please provide the conditions, principal, interest rate, and repayment arrangement.
25.Other Non-current liabilities
In RMB
||||
|-|-|-|
|Items|Year-end balance|Year-Beginning balance|
|Government subsidies :Environmental protection|||
||45,000.00|45,000.00|
|subsidies for Phase-II Glass Tube Project|||
|Government subsidies—Government|||
||19,820,000.00|33,669,000.00|
|subsidies to Wuhu Technology|||
|Total|19,865,000.00|33,714,000.00|

 Notes
Government subsidies for details:
In RMB
||||||||
|-|-|-|-|-|-|-|
||||Amount reckonedinto non-operationrevenue in theperiod||||
|||Subsidies|||||
||Year-Beginning||||Year-end|Assets-related/inco|
|Items||increase during||Other changes|||
||balance||||balance|me-related|
|||this period|||||

26.Stock capital
In RMB
|||||||||
|-|-|-|-|-|-|-|-|
|||Increase/decrease this time (+ , - )||||||
||Balance||||||Balance|
|||Issuing of new||Transferred||||
||Year-beginning||Bonus shares||Other|Subtotal|year-end|
|||share||from reserves||||
|Total of capital|903,000,000.00|||1,806,000,000.||1,806,000,000.|2,709,000,000.00|
|shares||||00||00||

Statement of change in capital shares. Name of CPA and number of verification report shall be provided if capital increasing or
Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014 decreasing occurred in the report period; as for shareholding limited companies incorporated for less than three years, only net assets is required for the years prior to incorporation; for shareholding limited companies reformed from limited companies shall provide the capital verification at incorporation.
27. Capital reserves
In RMB
||||||
|-|-|-|-|-|
||||Decrease in the current||
|Items|Year-beginning balance|Increase in the current||Year-end balance|
||||period||
|Share premium|4,797,171,273.21||1,806,000,000.00|2,991,171,273.21|
|Other|139,442,038.59|||139,442,038.59|
|Total|4,936,613,311.80||1,806,000,000.00|3,130,613,311.80|

 Notes
The. reduction of Capital premium this term is mainly due to 903 million shares of the total share capital, the company would distribute20 shares to all the shareholders for every 10 shares, for a total distribution of 1806 million shares
28. Surplus reserve
In RMB
||||||
|-|-|-|-|-|
||||Decrease in the current||
|Items|Year-beginning balance|Increase in the current||Year-end balance|
||||period||
|Statutory surplus reserve|27,454,788.05|||27,454,788.05|
|Total|27,454,788.05|||27,454,788.05|

 Statement on surplus reserves. Please state the related resolutions of the Board on capitalizing of reserves, making up losses, anddividends：
29. Retained profits
In RMB
||||
|-|-|-|
|||Extraction or distribution of|
|Items|Amount||
|||the proportion|
|Before adjustments: Retained profits at the period end|-53,394,384.81|--|
|After adjustments: Retained profits at the period beginning|-53,394,384.81|--|
|Add：Net profit belonging to the owner of the parent company|407,536,660.90|--|
|Retained profits at the period end|354,142,276.09|--|

As regards the details of adjusted the beginning undistributed profits
(1)As the retroactive adjustment on Enterprise Accounting Standards and its related new regulations, the affected beginning
undistributed profits are RMB 0.00.
(2) As the change of the accounting policy, the affected beginning undistributed profits are RMB 0.00.
(3) As the correction of significant accounting error, the affected beginning undistributed profits are RMB 0.00
Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014 (4) As the change of consolidation scope caused by the same control, the affected beginning undistributed profits are RMB 0.00 (5) Other adjustment of the total affected beginning undistributed profits are RMB 0.00 .
Statement on retained profit: for companies issued their securities for the first time, if the accumulated profit before the issuing is shared by the new and existing shareholders as approved by theshareholders’ meeting, shall be described particularly; if the accumulated profit before the issuing is shared only by existing shareholders as approved by theshareholders’ meeting, the Company shall provide the details of dividend payable to the existing shareholders as audited by CPA.
30. Business income, Business cost
（1）Operating income and operating cost
In RMB
||||
|-|-|-|
|Items|Amount of current period|Amount of previous period|
|Income from Business income|908,569,346.34|213,803,359.48|
|Other business income|1,405,396.75|41,238,994.60|
|Business cost|433,071,741.04|108,592,058.10|

（2）Mainbusiness（Industry）
In RMB
||||||
|-|-|-|-|-|
||Amount of current period||Amount of previous period||
|Name|||||
||Business income|Business cost|Business income|Business cost|
|Whole set of equipment and|||||
||740,306,181.29|332,310,596.18|203,822,376.95|70,050,360.75|
|Technology serves|||||
|Glass substrate|102,615,358.65|43,868,127.41|||
|Electric vacuum glass devices and|||||
||13,083,703.77|10,251,661.82|7,556,862.49|4,939,034.39|
|supporting electronic devices|||||
|Construction Installation|52,564,102.63|44,743,589.77|2,424,120.04|2,215,330.75|
|Total|908,569,346.34|431,173,975.18|213,803,359.48|77,204,725.89|

（3）Mainbusiness（Production）
In RMB
||||||
|-|-|-|-|-|
||Amount of current period||Amount of previous period||
|Name|||||
||Business income|Business cost|Business income|Business cost|
|Whole set of equipment and|||||
||740,306,181.29|332,310,596.18|203,822,376.95|70,050,360.75|
|Technology serves|||||
|Glass substrate|102,615,358.65|43,868,127.41|||
|Electric vacuum glass devices and|||||
||13,083,703.77|10,251,661.82|7,556,862.49|4,939,034.39|
|supporting electronic devices|||||
|Construction Installation|52,564,102.63|44,743,589.77|2,424,120.04|2,215,330.75|
|Total|908,569,346.34|431,173,975.18|213,803,359.48|77,204,725.89|

（4）MainBusiness（Area）
Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014 In RMB
||||||
|-|-|-|-|-|
||Amount of current period||Amount of previous period||
|Name|||||
||Business income|Business cost|Business income|Business cost|
|China Mailand|889,679,376.38|421,371,941.77|212,979,027.38|76,600,102.07|
|Hongkong, Macao and Taiwan|14,998,824.19|6,604,601.17|||
|Overseas|3,891,145.77|3,197,432.24|824,332.10|604,623.82|
|Total|908,569,346.34|431,173,975.18|213,803,359.48|77,204,725.89|

（5）Total income and the ratio of operating income from top five clients
In RMB
||||
|-|-|-|
|Name|Business Income|Proportion(%)|
|Shijiazhuang Xuxin Optoelectronic Technology Co., Ltd.|714,577,914.53|78.53%|
|Hefei BOE Optoelectronics Technology Co., Ltd.|86,074,996.00|9.46%|
|Jiangsu Optoelectronics Yijing Energy Co., Ltd.|52,564,102.63|5.78%|
|Zhengzhou Xufei OptoelectronicTechnology Co., Ltd.|21,894,010.26|2.41%|
|CPT Co., Ltd.|14,998,824.19|1.65%|
|Total|890,109,847.61|97.83%|

 Notes
31. Business tax and subjoin
In RMB
|||||
|-|-|-|-|
|||Amount of previous||
|Items|Amount of current period||Standard|
|||period||
|Consumption tax|0.00|||
|Business tax|163,571.63|1,046,128.51|3-5%|
|Urban construction tax|8,686,601.19|1,722,775.59|7%|
|Education surcharge|6,204,715.14|1,238,668.37|3%+2%|
|Total|15,054,887.96|4,007,572.47|--|

Notes
32.Sales expenses
In RMB
||||
|-|-|-|
|Items|Amount of current period|Amount of previous period|
|Wage and additional cost|2,653,082.17|2,092,334.28|
|Express fee|791,241.95|229,132.41|

Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014
||||
|-|-|-|
|Travel expenses|399,043.30|323,879.00|
|Business expenses|192,995.70|177,563.30|
|Office expenses|34,240.36|56,645.34|
|Advertising expenses|150,000.00|695,752.40|
|Labor protection|118,527.0|107,000.00|
|Other|54,788.29|137,963.08|
|Total|4,393,918.77|3,820,269.81|

 33.Administrative expenses
In RMB
||||
|-|-|-|
|Items|Amount of current period|Amount of previous period|
|Wage and additional cost|33,107,325.84|13,471,259.15|
|Express fee|163,565.76|28,340.53|
|Travel fees|3,479,040.99|1,408,300.53|
|Business expenses|2,277,892.29|1,727,820.99|
|Office fees|10,539,652.59|10,147,106.58|
|The Taxes|5,372,282.74|3,590,732.23|
|Publicize Fees|1,212,189.38|1,893,946.00|
|Consultation fees|2,954,750.42|3,214,079.46|
|R&D Expenses|193,298.03|189,448.47|
|Labor protection expenses|1,492,458.13|1,400,016.27|
|Rent property cost|10,781,830.43|6,085,860.32|
|Depreciation and amortization|4,755,611.89|4,801,992.76|
|Other|4,276,713.70|4,704,033.22|
|Total|80,606,612.19|52,662,936.51|

 34. Financial Expenses
In RMB
||||
|-|-|-|
|Items|Amount of current period|Amount of previous period|
|Interest expenses|12,218,643.77|313,890.94|
|Interest income|5,829,084.67|4,616,382.56|
|Bank charges|468,027.19|153,422.44|
|Financing expenses|||
|Discount expenses|17,342,000.61||

Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014
||||
|-|-|-|
|Exchange loss|-818,166.61|2,000,011.13|
|Cash discount|||
|Other|7,579.77|2,833.00|
|Total|23,389,000.06|-2,146,225.05|

 35. Loss of assets impairment
In RMB
||||
|-|-|-|
|Items|Amount of current period|Amount of previous period|
|1. .Loss for bad debts|88,535.20|-100,099.63|
|Total|88,535.20|-100,099.63|

 36. Non-operating income
（1）Non-operating income
In RMB
|||||
|-|-|-|-|
||||The amount of|
|Items|Amount of current period|A mount of previous period||
||||non-operating gains & losses|
|Govemment Subsidies|175,895,903.21|105,042,368.45|175,895,903.21|
|Hosting fee income of entrusted operation||||
|Other|4,915,341.07|3,048,438.28|4,915,341.07|
|Total|180,811,244.28|108,090,806.73|180,811,244.28|

 Notes
（2）Government subsidies rec koned into current gains/losses
In RMB
||||||
|-|-|-|-|-|
||||Assets-related/income|Non-recurring|
|Items|Amount of this period|Amount of last period|||
||||-related|gains/losses(Y/N)|
|Government Subsidies|60,000,000.00|60,000,000.00|Related to income|Yes|
|Government Subsidies||2,000,000.00|Related to income|Yes|
|Financial Subsidies|17,884,100.00||Related to income|Yes|
|Revenue return|98,011,803.21|43,042,368.45|Related to income|Yes|
|Total|175,895,903.21|105,042,368.45|--|--|

37. Non-Operation expense
In RMB
|||||
|-|-|-|-|
|Items|Amount of current period|Amount of previous|The amount of|
|||period|non-operating gains &|

Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014
|||||
|-|-|-|-|
||||lossed|
|Other|11,600.24|510,606.03|11,600.24|
|Total|11,600.24|510,606.03|11,600.24|

 Notes
38. Income tax expenses
In RMB
||||
|-|-|-|
|Items|Amount of current period|Amount of previous period|
|Income tax at current period according to taxation and related|||
||146,816,075.75|56,016,767.76|
|regulation|||
|Adjustment of Deferred income tax|-51,745,340.19|-484,621.04|
|Total|95,070,735.56|55,532,146.72|

 39. Calculation of Basic earnings per share and Diluted earnings per share
|||
|-|-|
|Calculation of earnings per share|Calculation|
|Net profit attributable to shareholders of parent company|p|
|Weighted average number of common shares issued externally|s|
|Earnings per share-basis|p/s|
|There is no dilutive potential common shares||
|Net profit attributable to shareholders of parent company|c|
|Weighted average number of common shares issued externally|d|
|Earnings per share-diluted|c/d|

40. Notes Cash flow statement
(1)Other cash received from business operation
In RMB
|||
|-|-|
|Items|Amount|
|Daily interest account income|6,161,339.08|
|Corporate staff loan repayment|1,331,808.15|
|Deposits income|1,671,694.16|
|Current accounts incme|88,276,416.62|

Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014
|||
|-|-|
|Government subsidies income|64,049,300.00|
|Other|40,306,510.92|
|Total|201,797,068.93|

 Notes
（2）Other cash paid related to oprating activities
In RMB
|||
|-|-|
|Items|Amount|
|Staff of official borrowing|13,989,337.90|
|Guarantee expenses|33,870,000.00|
|Current account expenses|121,864,774.18|
|Delivery express|146,050.04|
|Travel expenses|4,029,376.89|
|Business expensen|2,476,746.05|
|Office expenses|5,742,399.01|
|Advertise fee|1,388,604.47|
|Consulting services|2,951,840.10|
|R&D|193,298.03|
|Labor insurance expenses|1,495,829.60|
|Water and electricity expense|10,784,730.44|
|Other|1,349,399.76|
|Total|200,282,386.47|

 Notes
（3）OtherCash received related to investment activities
In RMB
|||
|-|-|
|Items|Amount|
|Current period acquire the beginning amount of monetary funds of SichuanRuiyi|21,508,443.43|
|Total|21,508,443.43|

 Notes
（4）Other cash paid related to investment activities
In RMB
|||
|-|-|
|Items|Amount|
|Bill discount|17,342,000.61|
|Total|17,342,000.61|

Notes
Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014 41. Supplement Information for cash flow statement
（1）Supplement Information for cash flow statement
In RMB
||||
|-|-|-|
|Supplement Information|Amount of current period|Amount of previous period|
|I. Adjusting net profit to cash flow from operating activities|||
||--|--|
|Net profit|439,098,956.35|140,253,895.85|
|Add: Impairment loss provision of assets|||
||88,535.20|-100,099.63|
|Depreciation of fixed assets, oil and gas assets and|||
||14,630,809.29|6,556,876.10|
|consumable biological assets|||
|Amortization of intangible assets|1,521,150.69|646,181.64|
|Financial expenses|12,218,643.77|-4,146,236.18|
|Decrease of deferred income tax assets|-50,329,714.62|-484,621.03|
|Decrease of inventories|95,435,690.63|-54,627,544.35|
|Decease of operating receivables|||
||-2,066,626,958.21|-898,243,109.12|
|Increased of operating Payable|||
||62,160,801.85|-106,904,328.97|
|Other|-1,491,802,085.05|-917,048,985.69|
|Net cash flows arising from operating activities|--|--|
|2.Significant investment and financing activities that|||
||--|--|
|without cash flows:|||
|3．Changes Balance of cash and cash equivalents|||
|Ending balance of cash|1,657,658,157.43|3,899,764,536.83|
|Less: Beginning balance of cash|||
||2,465,010,913.24|110,770,070.84|
|Net increase of cash and cash equivalents|-807,352,755.81|3,788,994,465.99|

（2）Composition of cash and cash equivalents
In RMB
||||
|-|-|-|
|Items|Balance in year-end|Balance in year-Beginning|
|I. Cash|1,657,658,157.43|2,465,010,913.24|
|Of which: Cash in stock|||
||224,205.79|187,646.23|
|Bank savings could be used at any time|1,156,229,652.60|2,303,544,544.74|
|Other monetary capital could be used at any time|501,204,299.04|161,278,722.27|
|III. Balance of cash and cash equivalents at the period end|1,657,658,157.43|2,465,010,913.24|

Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014 Notes
42. Item notes about changes in owner's equity
. Description of the adjustment of the balance of the "Other" item name and the amount at the end of last year, retroactive adjustment generated by the business combination under common control and other matters
VIII. Related party and related party transactions
1. Parent company information of the enterprise
||||||||||||
|-|-|-|-|-|-|-|-|-|-|-|
||||||||The parent||The||
|||||||||The parent|||
||||||||company||ultimate||
|||||Legal||Regis||company||Organization Code|
||Related||Registered||||of the||controlling||
|Name||Type||representat|Nature|rated||of the|||
||parties||address||||Company's||party of||
|||||ive||capital||Company’|||
||||||||shareholdi||the||
|||||||||s vote ratio|||
||||||||ng ratio||Company||
||||No.369,||||||||
||||Zhujiang||||||||
||Holding|Limited|Road,||||||||
|DongxuGroup||||Li|Productio|500000000|||Li|76813036|
||Shareholde|Liability|High-tech||||14.40%|14.40%|||
|||||Zhaoting|n|0|||Zhaoting|3|
||r|Company|zone,||||||||
||||Shijiazhua||||||||
||||ng||||||||

Notes
2.Particulars of the subsidiaries
|||||||||||
|-|-|-|-|-|-|-|-|-|-|
||||||||The|||
|||||||||The||
||||||||subsidiaries|||
|||||Legal||||subsidiaries|Organizatio|
||Relatedparties||Registered|||Registered|of the|||
|Name||Type||representati|Nature|||of the|n Code|
||||address|||capital|Company's|||
|||||ve||||Company’s||
||||||||shareholdin|||
|||||||||vote ratio||
||||||||g ratio|||
||||9 Huanghe|||||||
|Hebei||||||||||
||||Road,|||||||
|Xubao||||||||||
||||Shijiazhuan|||||||
|Constructio||Limited|||Constructio|||||
||Controllingsubsidiary||g High-tech|||100,000,000||||
|n||Liability||Li Zhaoting|n||100.00%|100.00%|564858483|
||||Industrial|||.00||||
|Installation||Company|||Installation|||||
||||Developme|||||||
|Engineering||||||||||
||||nt Area,|||||||
|Co., Ltd.||||||||||
||||Shijiazhuan|||||||

Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014
|||||||||||
|-|-|-|-|-|-|-|-|-|-|
||||g, Hebei|||||||
||||Province|||||||
||||9 Huanghe|||||||
||||Road,|||||||
||||Shijiazhuan|||||||
|Shijiazhuan|||g High-tech|||||||
|||Limited||||||||
|g Colour|Controlling||Industrial|Shang||540,681,956||||
|||Liability|||Production||81.26%|81.26%|236042258|
|Bulb Co.,|subsidiary||Developme|Jinbin||.80||||
|||Company||||||||
|Ltd.|||nt Area,|||||||
||||Shijiazhuan|||||||
||||g, Hebei|||||||
||||Province|||||||
||||Room 302,|||||||
||||A floor,Man|||||||
|Wuhu||||||||||
||||agement Co|||||||
|Dongxu||||||||||
|||Other|mmittee of J|||||||
|Optoelectro||||||||||
||Controlling|Limited|iangbei Ind||Manufacturi|98,000,000.||||
|nic||||Li Zhaoting|||95.00%|95.00%|58723108-5|
||subsidiary|Liability|ustry Zone,||ng|00||||
|Equipment||||||||||
|||Company|Anhui Provi|||||||
|Technology||||||||||
||||nce|||||||
|Co., Ltd.||||||||||
||||No.36,|||||||
||||Daowei 2|||||||
||||Road,|||||||
|Wuhu||||||||||
|||Personal li||||||||
||||Wanchun|||||||
|Dongxu||||||||||
|||mited|Street ,|||||||
|Optoelectro|Controlling||||Manufacturi|2,000,000,0||||
|||liability co|Wuhu|Li Zhaoting|||100.00%|100.00%|58723116-5|
|nic|subsidiary||||ng|00.00||||
|||mpany|Economy|||||||
|Technology||||||||||
||||Technolog|||||||
|Co., Ltd.||||||||||
||||y|||||||
||||Developm|||||||
||||ent Zone|||||||
||||1/F, No.2|||||||
||||Business|||||||
|Wuhan|||tower,|||||||
|Dongxu|||Huazhong|||||||
|||Limited||||||||
|Optoelectro|Controlling||Shuguang||Manufacturi|5,000,000.0||||
|||Liability||Li Zhaoting|||62.50%|62.50%|591083046|
|nic|subsidiary||Software||ng|0||||
|||Company||||||||
|Technology|||park,|||||||
|Co., Ltd.|||No.1Guans|||||||
||||han|||||||
||||Road,Dong|||||||

Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014
|||||||||||
|-|-|-|-|-|-|-|-|-|-|
||||hu|||||||
||||Developme|||||||
||||nt Zone,|||||||
||||Wuhan|||||||
||||Building 15,|||||||
|Sichuan|||No. 21, Rin|||||||
|Ruiyi|||g Road 181|||||||
|||Limited|||Constructio|||||
|Constructio|Controlling||West Third|||100,000,000||||
|||Liability||Guo Xuan|n||100.00%|100.00%|55347089-7|
|n|subsidiary||Section,Jinn|||.00||||
|||Company|||Installation|||||
|Engineering|||iu District,|||||||
|Co., Ltd.|||Chengdu|||||||

3. Other Related parties information of the enterprise
||||
|-|-|-|
||Relation of other Related parties with the||
|Other Related parties name||Organization code|
||company||
|Shijiazhuang Baoshi Large-diameter|||
||Controlled by the same parent company|700820907|
|plastic tube Co., ltd.|||
|Shijiazhuang Xuxin Optoelectronic|||
||Controlled by the same parent company|694655991|
|Technology Co., Ltd.|||
|Zhengzhou Xufei Optoelectronic|||
||Controlled by the same actual controller|68974956-3|
|Technology Co., Ltd.|||
|Dongxu（Yingkou）Optoelectronic Display|||
||Controlled by the same actual controller|57429899-3|
|Co., Ltd.|||
|Sichuan Xuhong Optoelectronic|||
||Controlled by the same actual controller|55348403-3|
|Technology Co., Ltd.|||
|Chengdu Dongxu saving energy|||
||Controlled by the same parent company|58001686-8|
|technology Co., Ltd.|||
|Shijiazhuang Xuling Electric Technology|||
||Controlled by the same actual controller|58244091-0|
|Co., Ltd.|||
|Shijiazhuang Bofa Machine Equipment|||
||Controlled by the same actual controller|66529153-5|
|Co., Ltd.|||

Notes
4. Related transactions.
（1）Related transactions on purchasing goods and receiving services
In RMB
||||||
|-|-|-|-|-|
|Related parties|Content of|Pricing principle of|Amount in current period|Amount in last period|

Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014
||||||||
|-|-|-|-|-|-|-|
||related|related transactions||Proportion||Proportio|
||||Amount||Amount||
||transaction|||（%）||n（%）|
|Zhengzhou Xufei|||||||
||Checkingmachine||||||
|Optoelectronic||Reference price setting|7,264,957.28|0.63%|||
|Technology Co., Ltd.|||||||
|Zhijiazhuang Xuling|||||||
||Supervisorysystem||||||
|Electric TechnologyCo.,||Reference price setting|820,512.82|100.00%|||
|Ltd.|||||||
|Chengdu Dongxu Energy|||||||
|Saving Technology Co.,|ESL|Reference price setting|819,393.15|1.77%|2,480,216.16|100.00%|
|Ltd.|||||||
|Shijiazhuang Baoshi|||||||
|Electronics Group Co.,|Energy|Reference price setting|1,937,148.94|100.00%|||
|Ltd.|||||||
|Shijiazhuang Baoshi|||||||
|Large-diameter plastic|Carat Tube|Reference price setting|||1,781,750.43|100.00%|
|tube Co., Ltd.|||||||

Related transactions on sale goods and receiving services
In RMB
||||||||
|-|-|-|-|-|-|-|
||||Amount in current period||Amount in last period||
||Content of related|Pricing principle of|||||
|Related parties||||Proportion||Proportio|
||transaction|related transactions|Amount||Amount||
|||||（%）||n（%）|
||High-Display||||||
|Dongxu （Yingkou）|||||||
||production line||||||
|Optoelectronic Display||Reference price setting|5,560,752.23|0.75%|95,314,892.69|46.76%|
||Equipment||||||
|Co., Ltd.|||||||
||Construction||||||
||High-Display||||||
|Zhengzhou Xufei|||||||
||production line||||||
|Optoelectronic||Reference price setting|20,167,514.53|2.72%|20,109,097.42|9.87%|
||Equipment||||||
|Technology Co., Ltd.|||||||
||Construction||||||
||High-Display||||||
|Shijiazhuang Xuxin|||||||
||production line||||||
|Optoelectronic||Reference price setting|714,577,914.53|96.52%|88,152,406.84|43.25%|
||Equipment||||||
|Technology Co., Ltd.|||||||
||Construction||||||
|Zhengzhou Xufei|||||||
|Optoelectronic|A-frame|Reference price setting|1,726,495.73|13.20%|3,290,598.30|51.48%|
|Technology Co., Ltd|||||||
|Zhengzhou Xufei|||||||
|Optoelectronic|Material|Reference price setting|548,632.48|39.04%|||
|Technology Co., Ltd|||||||

Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014
||||||||
|-|-|-|-|-|-|-|
|Shijiazhuang Bofa|||||||
|Mechanical Equipment|A-frame|Reference price setting|3,826,923.07|29.25%|||
|Co., Ltd.|||||||
|Shijiazhuang Baoshi|||||||
|Electronics Group Co.,|Processing|Reference price setting|||23,470.08|0.37%|
|Ltd.|||||||
|Dongxu Group|Lead Tube|Reference price setting|3,010,770.00|23.01%|||
|Sichuan Xuhong|||||||
|Optoelectronic|A-frame|Reference price setting|||631,623.93|9.88%|
|Technology Co., Ltd.|||||||
|Sichuan Xuhong|||||||
||Construction||||||
|Optoelectronic||Reference price setting|||1,884,120.04|77.72%|
||installation||||||
|Technology Co., Ltd.|||||||
|Shijiazhuang Xuxin|||||||
||Construction||||||
|Optoelectronic||Reference price setting|||540,000.00|22.28%|
||installation||||||
|Technology Co., Ltd.|||||||

（2）Related trusteeship or contracting
Related trusteeship or contracting in which the Company is the undertaker
In RMB
||||||||
|-|-|-|-|-|-|-|
|||||||Gains from|
|Name of the|Name of the|Asset situation of||Terminatin|||
||||Start date||Pricing basis|the deal in|
|employer|undertaker|the undertaker||g date|||
|||||||report period|
||||||Trusteeship costs include basic||
||||||management fees and incentive||
|Dongxu Group|||||||
||||||management fees(0.5||
|Co.,Yingko Yanhai|||||||
|||Entrust the manag|||million/years), including basic||
|Development|Dongxu||||||
|||ement equity ,|||management fee of 1 million||
|Construction Co.,|Optoelectronic||January 1,||||
|||Entrust the manag|||per year, incentive management|750,000.00|
|Ltd., Minerals|Technology||2012||||
|||ement rights|||fees per year managed company||
|(Yingko) Industry|Co., Ltd.||||||
||||||with net operating profit after||
|Park Development|||||||
||||||tax of 5% calculation||
|Co., Ltd.|||||||
||||||（Base incentive management f||
||||||ees deduct prior years' losses）||
|Dongxu|||||Trusteeship costs include basic||
|Optoelectrnic|||||management fees and incentive||
|||Entrust the manag|||||
|Investment Co.,|Dongxu||||management fees(0.5||
|||ement equity ,|||||
|Ltd.,Henan|Optoelectronic||||million/years), including basic||
|||Entrust the manag|March 1, 2012|||750,000.00|
|State-owned Assets|Technology||||management fee of 1 million||
|||ement rights|||||
|Management Co.,|Co., Ltd.||||per year, incentive management||
|Ltd.,Zhengzhou|||||fees per year managed company||
|Investment|||||with net operating profit after||

Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014
|||||||
|-|-|-|-|-|-|
|Holdings Co., Ltd.||||tax of 5% calculation||
|||||（Base incentive management f||
|||||ees deduct prior years' losses）||
|Dongxu Group Co.,||||||
|||||Trusteeship costs include basic||
|Mianyang||||||
|||||management fees and incentive||
|Investment||||||
|||||management fees(0.5||
|Development||||||
|||Entrust the manag||million/years), including basic||
|(Group) Co., Ltd.,|Dongxu|||||
|||ement equity ,||management fee of 1 million||
|Mianyang|Optoelectronic|||||
|||Entrust the manag|March 1, 2012|per year, incentive management|750,000.00|
|Investment City|Technology|||||
|||ement rights||fees per year managed company||
|Development|Co., Ltd.|||||
|||||with net operating profit after||
|Investment (Group)||||||
|||||tax of 5% calculation||
|Co., Ltd., Sichuan||||||
|||||（Base incentive management f||
|Changhong||||||
|||||ees deduct prior years' losses）||
|Electrical Co., Ltd.||||||
|||||Trusteeship costs include basic||
|Shijiazhuang Baoshi||||management fees and incentive||
|Electronic Group||||management fees(0.5||
|Co.,||Entrust the manag||million/years), including basic||
||Dongxu|||||
|Ltd.,Shijiazhuang||ement equity ,||management fee of 1 million||
||Optoelectronic|||||
|High Lanhu||Entrust the manag|March 1, 2012|per year, incentive management|750,000.00|
||Technology|||||
|Investment Co.,||ement rights||fees per year managed company||
||Co., Ltd.|||||
|Ltd., Shijiazhuang||||with net operating profit after||
|State Holding||||tax of 5% calculation||
|Investment Co., Ltd.||||（Base incentive management f||
|||||ees deduct prior years' losses）||

Related trusteeship or outsourcing in which the Company is the employer
In RMB
||||||||
|-|-|-|-|-|-|-|
|||||||Gains from the|
|Name of the|Name of the|Asset situation of|||||
||||Start date|Terminating date|Pricing basis|deal in report|
|employer|undertaker|the undertaker|||||
|||||||period|

Notes
In the report period, the company was entrusted to manage the equity and management rights of Dongxu(Yingkou) Optoelectronic display Co., Ltd., Zhengzhou Xufei Optoelectronic Technology Co., Ltd. , Sichuan Xuhong Optoelectronic Technology Co., Ltd., Shijiazhuang Xuxin Optoelectronic Technology Co., Ltd..
（3）Related guarantee condition
In RMB
|||||||
|-|-|-|-|-|-|
||||||If completed or|
|Name of the guarantor|Name of the securedparty|Amount guarnteed|Starting date|Expired on||
||||||not|
|Dongxu|Zhengzhou Xufei|||||
|||198,219,450.00|January 3, 2014|January 1, 2018|No|
|Optoelectronic|Optoelectronic|||||

Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014
|||||||
|-|-|-|-|-|-|
|Technology Co., Ltd.|Technology Co., Ltd.|||||
|Dongxu|Sichuan Xuhong|||||
|Optoelectronic|Optoelectronic|163,533,914.00|January 3, 2014|January 1, 2018|No|
|Technology Co., Ltd.|Technology Co., Ltd.|||||
||Dongxu|||||
|Dongxu Group|Optoelectronic|100,000,000.00|May 27, 2014|May 26, 2015|No|
||Technology Co., Ltd.|||||

Information about Related guarantees
By June 30, 2014 Dongxu Group Co, Ltd., provides the loan guarantee with the max guarantee amount of 100,000,000 yuan for thecompany’s loan of 10,000,000 yuan from Cangzhou China Industrial Bank; and provide load guarantee for Zhengzhou Xufei Optoelectronics Technology Co.,Ltd’s loan from Hebei branch of China Huarong Asset Management Co., Ltd..of the amount of 198,219,450 yuan; and provide load guarantee for Sichuan Xuhong Optoelectronics Technology Co.,Ltd’s loan from Hebei branch of China Huarong Asset Management Co., Ltd..of the amount of 163,533,914 yuan;
5.Payables and receivables of the related party
Listed company related party fund
In RMB
|||||||
|-|-|-|-|-|-|
|||Amount at year end||Amount at year beginning||
|Name|Related party|||||
|||Balance of Book|Bad debt Provision|Balance of Book|Bad debt Provision|
||Dongxu （Yingkou）|||||
|Other receivable|Optoelectronic Display Co.,|329,692,778.31||323,298,380.95||
||Ltd.|||||
||Zhengzhou Xufei|||||
|Other receivable|Optoelectronic Technology Co.,|186,758,661.70||496,453,936.75||
||Ltd|||||
||Sichuan Xuhong Optoelectronic|||||
|Other receivable||3,350,073.09||85,332,403.52||
||Technology Co., Ltd.|||||
|Other receivable|Dongxu Group|918,618.00||1,000,000.00||
||Shijiazhuang Xuxin|||||
|Other receivable|Optoelectronic Technology Co.,|859,293,266.99||22,684,306.99||
||Ltd.|||||
||Dongxu Optoelectronic|||||
|Other receivable||750,000.00||500,000.00||
||Investment Co., Ltd.|||||
||Hebei Baoshi Energy saving|||||
|Other receivable||20,000.00||20,000.00||
||lighting technology Co., Ltd.|||||
|Other receivable|Shijiazhuang Baoshi Group|2,218,861.15||899,535.29||
||Shijiazhuang Baoshi|||||
|Other receivable|Large-diameter plastic tube Co.,|673,962.50||673,962.50||
||ltd|||||

Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014
|||||
|-|-|-|-|
||Shijiazhuang Baodong|||
|Other receivable|||351,203.36|
||Electrinic Co., Ltd.|||
||Shijiazhuang Baoshi Zhonghe|||
|Other receivable||1,222,881.50|1,222,881.50|
||Steel Plastic Shape Co., Ltd.|||
||Hebei Baoshi Energy saving|||
|Other receivable||646,561.00|646,561.00|
||lighting technology Co., Ltd.|||
||Shijiazhuang Baoshi Electronic|||
|Other receivable||2,138,467.07|2,244,567.50|
||vacuum Glass Co., Ltd.|||
||Shijiazhuang XumingTube Co.,|||
|Other receivable||771,500.55|771,500.55|
||Ltd.|||
||Sichuan Xuhong Optoelectronic|||
|Other receivable||4,147.59|11,674.72|
||Technology Co., Ltd.|||
||Chengdu Xushuang Solar|||
|Other receivable|||5,837.36|
||energy Technology Co., Ltd.|||
|Prepayable|Shijiazhuang Baoshi Zhonghe|||
||||840,000.00|
|account|Steel Plastic Shape Co., Ltd.|||
|Prepayable|Hebei Baoshi Energy saving|||
|||4,099,624.00|4,084,924.00|
|account|lighting technology Co., Ltd.|||
|Prepayable||||
||Shijiazhuang Baoshi Group|14,536,043.55|14,536,043.55|
|account||||
|Prepayable|Shijiazhuang Xuling Electrinic|||
|||3,090,000.00|2,130,000.00|
|account|Technology Co., Ltd.|||

The listed company Payables of the related party
In RMB
|||||
|-|-|-|-|
|Name|Related party|Amount at year end|Amount at year|
||||beginning|
|Account payable|Shijiazhuang Baoshi Electronic vacuum Glass Co., Ltd.|5,515,048.79|5,462,784.95|
||Shijiazhuang Baoshi Large-diameter plastic tube Co.,|||
|Account payable||533,942.80|533,942.80|
||ltd|||
|Account payable|Chengdu Dongxu Energy Technology Co., Ltd.|556,660.38|757,818.38|
|Account payable|Zhengzhou Xufei Optoelectronic Technology Co., Ltd.|5,929,200.00|20,459,114.53|
|Account payable|Shijiazhuang XumingTube Co., Ltd.|14,948.00|14,948.00|
|Account payable|Shijiazhuang Dongxu Mechine Equiement Co., Ltd.||1,917,869.00|
|Other payable|Jinzhou Xulong Solar energy Technology Co., Ltd.|1,500,000.00|1,500,000.00|
|Other payable|Dongxu Group|35,001,133.65|9,218,289.20|

Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014 IX. Commitment events.
1. Material commitments
Please refer to No.2014-044 Announcement: the Announcement on the Normative Commitment of the Company and the Actual Controller , Shareholders and the AffiliatedParties’ Commitments to Perform, disclosed on June 28, 2014.
2. Commitments made previously
Please refer to No.2014-044 Announcement: the Announcement on the Normative Commitment of the Company and the Actual Controller , Shareholders and the AffiliatedParties’ Commitments to Perform, disclosed on June 28, 2014.
X.Other Important events
1..Enterprises Consolidation
The 10th meeting of the seventh Board of Director and the first provisional shareholder's meeting of 2014 examined and adopted "the proposal of acquiring controlling shareholder Dongxu Group subsidiaries's equity " agreed the company to trade net asset value of 20.5137 million as audit assessments trading price of the acquisition wholly owned subsidiary of the controlling shareholder Dongxu Group Ltd.100% stake in Sichuan Ruiyi Construction Engineering Co.,Ltd.， the company will complete the acquisition of the entire equity related work before June 2014.
XI.Notes s of main items in financial reports of parent company
1.Account receivable
（1）Account receivable
In RMB
||||||||||
|-|-|-|-|-|-|-|-|-|
||Year-end balance||||Year-beginning balance||||
||Book balance||Provision for bad debts||Book balance||Provision for bad debts||
|Type|||||||||
|||Propo|||||||
|||||Proporti||Proporti||Proporti|
||Amount|rtion(|Amount||Amount||Amount||
|||||on (%)||on(%)||on (%)|
|||%)|||||||
|Receivables with major|||||||||
|individual amount and bad|||||||||
|debt provision provided|||||||||
|||19.39||100.00||||100.00|
|individually receivables|6,661,700.00||6,661,700.00||6,661,700.00|25.53%|6,661,700.00||
|||%||%||||%|
|with major individual|||||||||
|amount and bad debt|||||||||
|provision provided|||||||||

Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014
||||||||||
|-|-|-|-|-|-|-|-|-|
|individually|||||||||
|Receivables provided bad debt provision in groups|||||||||
|||13.81|||||||
|Account age group|4,745,472.08||2,881,075.68|60.71%|3,854,187.14|14.77%|2,881,075.68|74.75%|
|||%|||||||
|||66.80|||||||
|Other Group|22,955,626.40||||15,574,379.96|59.69%|||
|||%|||||||
|||80.61|||||||
|Subtotal of group|27,701,098.48||2,881,075.68|10.40%|19,428,567.10|74.47%|2,881,075.68|14.83%|
|||%|||||||
|Total|34,362,798.48|--|9,542,775.68|--|26,090,267.10|--|9,542,775.68|--|

 Notes
Receivable accounts with large amount individually and bad debt provisions were provided.
√Applicable□Not applicable
In RMB
||||||
|-|-|-|-|-|
|Description of the receivable accounts|Book balance|Bad debt provision|Rate|Reason|
|Bsoshi TV factory|6,661,700.00|6,661,700.00|100.00%|Over 5 years|
|合计|6,661,700.00|6,661,700.00|--|--|

Receivable account in Group on which bad debt provisions were provided on agebasis：
√Applicable□Not applicable
||||||||
|-|-|-|-|-|-|-|
||Amount in year-end|||Amount in year-begin|||
||Book balance|||Book balance|||
|Account age|||Bad debt provision|||Bad debt provision|
|||Proporti|||Proporti||
||Amount|||Amount|||
|||on(%)|||on(%)||
|Within 1 year|||||||
|Including：|--|--|--|--|--|--|
|Within credit|||||||
||891,284.94|18.78%|||||
|period|||||||
|Within 1|||||||
|yearafter|1,023,738.38|21.57%|51,186.92|1,023,738.38|26.56%|51,186.92|
|credit period|||||||
|Subtotal of|||||||
||1,915,023.32|40.35%|||||
|Within 1 year|||||||
|2-3 years|800.00|0.02%|240.00|800.00|0.02%|240.00|
|Over 5 years|2,829,648.76|59.63%|2,829,648.76|2,829,648.76|73.42%|2,829,648.76|
|Total|4,745,472.08|--|2,881,075.68|3,854,187.14|--|2,881,075.68|

 Receivable account in Group on which bad debt provisions were provided on percentagebasis：
□Applicable√Not applicable
Receivable account in Group on which bad debt provisions were provided on otherbasis：
Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014√Applicable□Not applicable
In RMB
||||
|-|-|-|
|Name|Book balance|Provision of bad debt|
|Other group|22,955,626.40||
|Total|22,955,626.40||

In the current report period, Separate amount is not large, the account receivable with big combination risk after
combined via risk character:
□Applicable√Not applicable
（2）Particulars about the receivable accounts due from shareholders with5% or over of theCompany’s shares in the report period.
In RMB
||||||
|-|-|-|-|-|
||Year-end balance||Year-beginning balance||
|Name|||||
||Book Balance|Amount|Book Balance|Amount|
|Dongxu Group|918,618.00||1,000,000.00||
|Total|918,618.00||1,000,000.00||

（3）The front 5units’ information of account receivable
In RMB
||||||
|-|-|-|-|-|
|||||Portion in|
||Relation with the|||total|
|Name||Amount|Ages||
||Company|||receivables|
|||||(%)|
|Zhengzhou Xufei Optoelectronic Technology|Related parties|7,939,846.71|Within1years|31.99%|
|Co.,Ltd.|||||
|Sichuan Xuhong Optoelectronic Technology|Related parties|3,350,073.09|Within1 years|13.50%|
|Co., Ltd.|||||
|Shijiazhuang Dongxu Optoelectronic|Controlling sub-subsidiary|2,951,000.00|Within1 years|11.89%|
|Equipment Technology Co., Ltd.|||||
|Shijiazhuang Xuxin Optoelectronic Technology|Related parties|1,814,226.98|Within 1 years|7.31%|
|Co., Ltd.|||||
|Dongxu （Yingkou）Optoelectronic Display|Related parties|1,500,000.00|Within 1years|6.04%|
|Co., Ltd.|||||
|Total||17,555,146.78||70.73%|

（4）Account receivable from Related parties
In RMB
|||||
|-|-|-|-|
||||Portion in|
||||total|
|Name|Relation with the company|Amount||
||||receivables|
||||account(%)|

Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014
|||||
|-|-|-|-|
|Zhengzhou Xufei Optoelectronic Technology Co.,Ltd.|Related parties|7,939,846.71|31.99%|
|Sichuan Xuhong Optoelectronic Technology Co., Ltd.|Related parties|3,350,073.09|13.50%|
|Shijiazhuang Xuxin Optoelectronic Technology Co., Ltd.|Related parties|1,814,226.98|7.31%|
|Dongxu （Yingkou）Optoelectronic Display Co., Ltd.|Related parties|1,500,000.00|6.04%|
|Dongxu Group|Related parties|918,618.00|3.70%|
|Dongxu Optoelectronic Investment Co., Ltd.|Related parties|750,000.00|3.02%|
|Total|--|16,272,764.78|65.56%|

 2.Other receivable
(1).Other receivable
In RMB
||||||||||
|-|-|-|-|-|-|-|-|-|
||Amount in year-end||||Amount in year-begin||||
||Book Balance||Bad debt provision||Book Balance||Bad debt provision||
|Type|||||||||
|||Propo||Propo||Propo||Propo|
||Amount|rtion(|Amount|rtion(|Amount|rtion(|Amount|rtion(|
|||%)||%)||%)||%)|
|Other Receivables provided bad debt provision in groups|||||||||
|||||100.0||||100.0|
|Account age group|3,534,272.33|1.94%|2,806,862.08||2,810,599.28|0.65%|2,810,599.28||
|||||0%||||0%|
|||98.06||||99.35|||
|Other Group|179,031,330.84||||432,062,236.88||||
|||%||||%|||
|||100.0||||100.0|||
|Subtotal Group|182,565,603.17||2,806,862.08|1.54%|434,872,836.16||2,810,599.28|0.65%|
|||0%||||0%|||
|Total|182,565,603.17|--|2,806,862.08|--|434,872,836.16|--|2,810,599.28|--|

 Notes
Other receivable accounts with large amount and were provided had debt provisions individually at end of period.
□Applicable√Not applicable
Other receivable account in Group on which bad debt provisions were provided on Agebasis：
√Applicable□Not applicable
||||||||
|-|-|-|-|-|-|-|
||Amount in year-end|||Amount in year-begin|||
||Book balance||Bad debt provisioni|Book balance|||
|Account age||||||Bad debt provision|
|||Proport|||Proporti||
||Amount|||Amount|||
|||on(%)|||on(%)||
|Within 1 year|||||||
|Including：|--|--|--|--|--|--|

Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014
||||||||
|-|-|-|-|-|-|-|
|Within credit|||||||
||727,410.25|20.58%|||||
|period|||||||
||||||100.00||
|Over 5 years|2,806,862.08|79.42%|2,806,862.08|2,810,599.28||2,810,599.28|
||||||%||
|Total|3,534,272.33|--|2,806,862.08|2,810,599.28|--|2,810,599.28|

 Other receivable account in Group on which bad debt provisions were provided on percentagebasis：
□Applicable√Not applicable
Receivable accounts on which bad debt provisions are provided by other ways in theportfolio：
√Applicable□ Not applicable
||||
|-|-|-|
|Name|Book balance|Amount of bad debt|
|Other group|179,031,330.84||
|Total|179,031,330.84||

Separate amount is big at end of the period or not big but other account receivable and doubtful reserves shall be withdrawn.□Applicable√Not applicable
（2）Other receivable accounts actually written off in the report period
In RMB
|||||||
|-|-|-|-|-|-|
|Name of the|Nature of other||Amount of written|Reason of written|Occurred under related|
|||Date of written off||||
|Company|receivable||off|off|relationship|
|Yang Jizhan|||787.20|Non-Reicoverable|No|
|Li Zhi|||2,000.00|Non-Reicoverable|No|
|Total|--|--|2,787.20|--|--|

(3) Other receivables due from the shareholders holding5% or above voting shares of the Company duringthe reporting period
In RMB
||||||
|-|-|-|-|-|
||Balance at the period end||Balance in year-begin||
|Name|||||
||Book balance|Amount of bad debts|Book balance|Amount of bad debts|
|Shijiazhuang Baoshi ElectronicsGroup Co., Ltd.|3,863,266.23||2,543,940.37||
|Total|3,863,266.23||2,543,940.37||

(4) The from 5units’ information of other account receivable
In RMB
||||||
|-|-|-|-|-|
|Unit name|Relation with the|Amount||Percentage in|
|||||total Other|
||||Terms||
||company||||
|||||account|
|||||receivable(%)|

Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014
||||||
|-|-|-|-|-|
|Wuhu Dongxu Optoelectronic Equipment|Subsidiary|100,000,000.00|Within 1 year|55.63%|
|Technology Co., Ltd.|||||
|Shijiazhuang Dongxu Optoelectronic Equipment|Grandson Company|70,630,448.10|Within 1 year|39.29%|
|Technology Co., Ltd.|||||
|Shijiazhuang Baoshi Zhonghe Steel Plastic Shape|Related parties|1,222,881.50|Within 1 year|0.68%|
|Co., Ltd.|||||
||Related parties|868,531.55|Within 1 year|0.48%|
|Shijiazhuang Baoshi Xuming Tube Co., Ltd.|||||
||Related parties|3,863,266.23|Within 1 year|2.15%|
|Shijiazhuang Baoshi Electronics Group Co., Ltd.|||||
|Total||176,585,127.38||98.23%|

（5）Other receivables due from related parties
In RMB
|||||
|-|-|-|-|
||||Proportion in total|
|Name|Relation with the Company|Amount|other|
||||receivables(%)|
|Shijiazhuang Baoshi Zhonghe Steel Plastic Shape||||
||Related parties|1,222,881.50|0.68%|
|Co., Ltd.||||
|Shijiazhuang Baoshi Xuming Tube Co., Ltd.|Related parties|868,531.55|0.48%|
|Shijiazhuang Baoshi Electronics Group Co., Ltd.|Related parties|3,863,266.23|2.15%|
|Shijiazhuang Baoshi Large-diameter plastic tube||||
||Related parties|673,962.50|0.37%|
|Co., ltd.||||
|Hebei Baoshi Energy saving lighting technology Co.,||||
||Related parties|646,561.00|0.36%|
|Ltd.||||
|Total|--|7,275,202.78|4.04%|

 3.Long-term equity investments
In RMB
|||||||||||||
|-|-|-|-|-|-|-|-|-|-|-|-|
|||||||||Explanati|Devalue|||
|||||||Sharehold|Voting|||||
|||||||||on of||||
||Accounti|Initial||||ing|right|||||
||||Original||Ending|||diffidence||Current|Cash|
|Name|ng|investmen||change||proportio|proportio|||||
||||balance||Balance|||between||devalue|bonus|
||method|t cost||||n in the|n in the|||||
|||||||||sharehold||||
|||||||investee|investee|||||
|||||||||ing||||

Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014
|||||||||||
|-|-|-|-|-|-|-|-|-|-|
|||||||||proportio||
|||||||||n and||
|||||||||voting||
|||||||||right||
|||||||||proportio||
|||||||||n in||
|||||||||investee||
|Shijiazhu|Costmethod|439,341,956.80|439,341,956.80||439,341,956.80|81.26%|81.26%||378,172,649.84|
|ang||||||||||
|Baoshi||||||||||
|Color||||||||||
|Bulb Co.,||||||||||
|Ltd.||||||||||
|Hebei|Costmethod|100,000,000.00|100,000,000.00||100,000,000.00|100.00%|100.00%|||
|Xubao||||||||||
|Construct||||||||||
|ion||||||||||
|Engineeri||||||||||
|ng||||||||||
|Installatio||||||||||
|n Co.,||||||||||
|Ltd.||||||||||
|Shijiazhu|Costmethod|93,100,000.00|93,100,000.00||93,100,000.00|95.00%|95.00%|||
|ang||||||||||
|Dongxu||||||||||
|Optoelect||||||||||
|ronic||||||||||
|Equipme||||||||||
|nt||||||||||
|Technolo||||||||||
|gy Co.,||||||||||
|Ltd.||||||||||
|Wuhu|Costmethod|4,711,064,000.00|4,471,064,000.00|240,000,000.00|4,711,064,000.00|100.00%|100.00%|||
|Dongxu||||||||||
|Optoelect||||||||||
|ronic||||||||||
|Technolo||||||||||
|gy Co.,||||||||||
|Ltd.||||||||||
|Wuhan|Costmethod|3,125,000.00|3,125,000.00||3,125,000.00|62.50%|62.50%|||
|Dongxu||||||||||
|Optoelect||||||||||
|ronic||||||||||

Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014
|||||||||||
|-|-|-|-|-|-|-|-|-|-|
|Technolo||||||||||
|gy Co.,||||||||||
|Ltd.||||||||||
|Sichuan|Costmethod|100,453,728.53||100,453,728.53|100,453,728.53|100.00%|100.00%|||
|Ruiyi||||||||||
|Construct||||||||||
|ion||||||||||
|Engineeri||||||||||
|ng Co.,||||||||||
|Ltd.||||||||||
|||5,447,084,685.33|5,106,630,956.80|340,453,728.53|5,447,084,685.33|--|--|--|378,172,649.84|
|Total||||||||||

4. Business income and Business cost
（1）Business income
In RMB
||||
|-|-|-|
|Items|Amount of current period|Amount of previous period|
|Income from Business income|21,248,661.04|9,733,380.95|
|Other Business income|55,897.44|37,252,235.13|
|Total|21,304,558.48|46,985,616.08|
|Business cost|18,423,075.94|35,568,317.91|

（2）Mainbusiness（Industry）
In RMB
||||||
|-|-|-|-|-|
||Amount of current period||Amount of previous period||
|Name|||||
||Business income|Business cost|Business income|Business cost|
|Electric vacuu glass part andelectronic components|21,248,661.04|16,536,799.08|9,733,380.95|7,139,154.19|
|Total|21,248,661.04|16,536,799.08|9,733,380.95|7,139,154.19|

（3）Mainbusiness（Production）
In RMB
||||||
|-|-|-|-|-|
||Amount of current period||Amount of previous period||
|Name|||||
||Business income|Business cost|Business income|Business cost|
|Electric vacuu glass part andelectronic components|21,248,661.04|16,536,799.08|9,733,380.95|7,139,154.19|

Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014
||||||
|-|-|-|-|-|
|Total|21,248,661.04|16,536,799.08|9,733,380.95|7,139,154.19|

（4）Mainbusiness（Area）
In RMB
||||||
|-|-|-|-|-|
||Amount of current period||Amount of previous period||
|Name|||||
||Business income|Business cost|Business income|Business cost|
|Domestic|17,357,515.27|13,339,366.84|8,909,048.85|6,534,530.37|
|Overseas|3,891,145.77|3,197,432.24|824,332.10|604,623.82|
|Total|21,248,661.04|16,536,799.08|9,733,380.95|7,139,154.19|

（5）Total income and the ratio of operating income from top five clients
In RMB
||||
|-|-|-|
|Name|Business Income|Proportion(%)|
|Wuhu Dongxu Optoelectronic Technology Co., Ltd.|4,585,470.07|21.52%|
|Damar laut|3,818,478.15|17.92%|
|Wuhu Dongxu Optoelectronic Equipment Technology Co., Ltd.|3,579,487.20|16.80%|
|Zhengzhou Xufei Optoelectronic Technology Co., Ltd.|1,726,495.73|8.10%|
|Shijiazhuang Bofa Machinery & Equipment Co., Ltd.|3,826,923.07|17.96%|
|Total|17,536,854.22|82.30%|

 Notes
5. Supplement information of Consolidated Flow Statement
In RMB
||||
|-|-|-|
||Amount of current||
|Supplement information||Amount of previous period|
||period||
|1. Adjusting net profit to net cash flow in operating activities:|--|--|
|Net profit|-6,222,332.94|-508,291.49|
|Add： Provision for impairment of assets|-950.00|-100,099.63|
|Depreciation of fixed assets, oil and gas assets and consumable|||
||996,946.66|4,181,203.87|
|biological assets|||
|Amortization of intangible assets|162,781.86|162,781.86|
|Financial expenses|541,666.67|-1,514,963.34|
|Decrease of deferred income tax assets||2,436,326.84|

Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014
||||
|-|-|-|
|Decrease of inventories|2,640,422.64|25,893,067.20|
|Decrease of operating receivable|244,505,220.24|-575,000,275.16|
|Increase of operating receivables|54,742,648.41|-363,995,459.96|
|Net cash flows arising from operating activities|297,366,403.54|-908,445,709.81|
|II. Significant investment and financing activities that without cash|||
||--|--|
|flows|||
|III. Net increase of cash and cash equivalents|--|--|
|Ending balance of cash|86,717,982.80|39,682,673.29|
|Less: Beginning balance of cash equivalents|29,805,307.79|1,602,670.30|
|Net increase of cash and cash equivalents|56,912,675.01|38,080,002.99|

 XII. Supplementary Information
1.Current non-recurring gains/losses
In RMB
||||
|-|-|-|
|Items|Amount|Notes|
|Govemment subsidies recognized in currentgain and|||
|loss(excluding those closely related to the Company’s business|175,895,903.21||
|and granted under the state’s policies)|||
|Gain/loss on loans obtained by entrusting others|3,000,000.00||
|Other non-operating income and expenditure beside for the above|||
||1,903,740.83||
|items|||
|Less: Influenced amount of income tax|34,191,212.29||
|Amount of influence of minority interests（After tax）|4,406,644.39||
|Total|142,201,787.36|--|

Explain recognition reasons item-by-item if the govemment subsidies reckoned into current gains /losses was the recurring
gains/losses.
√ Applicable□ Not Applicable
||||
|-|-|-|
|Items|Amount（RMB）|Reason|
|||―"Sixth-generation TFT-LCD glass substrate technology " project gran|
|Govemment subsidies|60,000,000.00||
|||ts|
|Finance subsidies|17,884,100.00|Govemment subsidies|
|Tax returns|98,011,803.21|Business Tax refund from Tax Bureau|

Dongxu Optoelectronic Technology Co., Ltd. The Semi-annual Financial Report 2014 2.The differences between domestic and international accounting standards
(1)Simultaneously pursuant to both Chinese accounting standards and international accounting standards disclosed in the financial reports of differences in net income and net assets.
In RMB
||||||
|-|-|-|-|-|
||Net profit attributable to the shareholders of the||Net Assets attributable to the shareholders of||
||listed company||the listed company||
||Amount in the|Amount in the previous|End of the reporting|Beginning of the|
||reporting period|period|period|reporting period|
|According to CAS|407,536,660.90|113,967,626.00|6,221,210,375.94|5,813,673,715.04|
|Items and amount adjusted according to IAS|||||

3. Return on net assets and earnings per share
In RMB
|||||
|-|-|-|-|
|||Earnings per share||
||Return on net assets .|||
|Profit of the report period||||
|||Basic earnings per share|Diluted gains per share|
||Weighted（%）|||
|Net profit attributable to the Common stock||||
||6.77%|0.15|0.15|
|shareholders of Company.||||
|Net profit attributable to the Common stock||||
|shareholders of Company after deducting of|4.42%|0.10|0.10|
|non-recurring gain/loss.||||

Dongxu Optoelectronic Technology Co., Ltd.
Chairman of theBoard：Li Zhaoting
Issue day approved by the Board ofDirectors：August 28,2014