Nanjing Putian Telecommunications Co., Ltd.
First Quarterly Report 2016
April 2016
Section I. Important Notice
Board of Directors and the Supervisory Committee of Nanjing Putian Telecommunications Co., Ltd. (hereinafter referred to as the Company) and its directors, supervisors and senior executives should guarantee the reality, accuracy and completion of the quarterly report, there are no any fictitious statements, misleading statements or important omissions carried in this report, and shall take legal responsibilities, individual and/or joint.
All Directors are attended the Board Meeting for Quarterly Report deliberation. Li Linzhen, Principal of the Company, Shi Lian, person in charger of accounting works and Qiu Huizhen, person in charge of accounting organ (accounting principal) hereby confirm that the Financial Report of this Quarterly Report is authentic, accurate and complete.
Section II. Main financial data and changes of shareholders I. Main accounting data and financial indexes
Whether it has retroactive adjustment or re-statement on previous accounting data for accounting policy changed and accounting error correction or not
□ Yes√No
|||||
|-|-|-|-|
||||Changes of this period|
|||At the same period of last||
||At the reporting period||over same period of last|
|||year||
||||year|
|Operating income (RMB)|348,635,996.16|430,831,087.19|-19.08%|
|Net profit attributable to|-15,865,002.53|-13,964,448.61||
|shareholders of the listed|||-13.61%|
|company(RMB)||||
|Net profit attributable to||||
|shareholders of the listed||||
|company after deducting|-17,060,374.77|-15,355,211.29|-11.10%|
|non-recurring gains and||||
|losses(RMB)||||
|Net cash flow arising from operating|-180,275,476.51|-189,481,994.99||
||||4.86%|
|activities(RMB)||||
|Basic earnings per share (RMB/Share)|-0.074|-0.065|-13.85%|
|Diluted earnings per share|-0.074|-0.065||
||||-13.85%|
|(RMB/Share)||||
|Weighted average ROE|-4.68%|-3.91%|-0.77%|
||||Changes of this|
||At the end of the reporting|||
|||At the end of last year|period-end over same|
||period|||
||||period-end of last year|
|Total assets (RMB)|1,970,555,528.28|2,093,670,119.65|-5.88%|
|Net assets attributable to shareholder|330,819,391.76|346,684,394.29||
||||-4.58%|
|of listed company (RMB)||||

Items of non-recurring gains and losses
√ Applicable□ Not applicable
In RMB
||||
|-|-|-|
||Amount from year-begin to||
|Item||Note|
||period-end||
|Gains/losses from the disposal of non-current asset|||
||31.90||
|(including the write-off that accrued for impairment of|||

||||
|-|-|-|
|assets)|||
|Governmental subsidy reckoned into current gains/losses|||
|(not including the subsidy enjoyed in quota or ration|||
||921,017.62||
|according to national standards, which are closely relevant|||
|to enterprise’s business)|||
|Other non-operating income and expenditure except for the|||
||422,464.41||
|aforementioned items|||
|Less: impact on income tax|86,671.38||
|Impact on minority shareholders’ equity (post-tax)|61,470.31||
|Total|1,195,372.24|--|

Concerning the extraordinary profit (gain)/loss defined byQ&A Announcement No.1 on Information Disclosure for Companies Offering Their Securities to the Public --- Extraordinary Profit/loss, and the items defined as recurring profit (gain)/loss according to the lists of extraordinary profit (gain)/loss inQ&A Announcement No.1 on Information Disclosure for Companies Offering Their Securities to the Public --- Extraordinary Profit/loss, explain reasons
□ Applicable√ Not applicable
In reporting period, the Company has no particular about items defined as recurring profit (gain)/loss according to the lists of extraordinary profit (gain)/loss inQ&A Announcement No.1 on Information Disclosure for Companies Offering Their Securities to the Public --- Extraordinary Profit/loss
II. Total number of shareholders at the end of this report period and top ten shareholders
1. Number of common shareholders and preference shareholders with voting rights recovered and top ten common shareholders
In shares
||||||||||
|-|-|-|-|-|-|-|-|-|
|||||Total preference|||||
|||||shareholders with voting|||||
|Total number of common|||||||||
|shareholders at the end of report||10,136||rights recovered at end of|||0||
|period||||reporting period (if|||||
|||||applicable)|||||
|Top ten shareholders|||||||||
||||||Amount of|Number of share pledged/frozen|||
|Shareholder’s|Nature of|Proportion of|Amount of||||||
||||||restricted||||
|name|shareholder|shares held|shares held|||State of share||Amount|
||||||shares held||||
|China Potevio|State-ownedcorporation|53.49%|115,000,000||115,000,000||||
|Shen wanhongyuansecurities (HongKong) co., LTD|Foreigncorporation|3.69%|7,928,125||||||

|||||||
|-|-|-|-|-|-|
|GUOTAIJUNANSECURITIES(HONGKONG)LIMITED|Foreigncorporation|1.73%|3,720,804|||
|Zhang Huai’an|Domestic natureperson|1.31%|2,807,000|||
|Zheng Enyue|Domestic natureperson|1.10%|2,369,639|||
|Sun Huiming|Domestic natureperson|0.93%|2,007,110|||
|Gu Jinhua|Domestic natureperson|0.83%|1,782,871|||
|Chen Chujia|Domestic natureperson|0.63%|1,349,306|||
|Liu Fang|Domestic natureperson|0.56%|1,194,225|||
|Gao Lingyun|Domestic natureperson|0.47%|1,000,000|||
|The top ten circulation shareholders shareholdings||||||
|||||Type of shares||
|Shareholder’s name||Amount of listed circulation shares held||||
|||||Type|Amount|
|Shen wan hongyuan securities(Hong Kong) co., LTD||7,928,125||Domestically||
|||||listed foreign|7,928,125|
|||||shares||
|GUOTAI JUNANSECURITIES(HONGKONG)LIMITED||3,720,804||Domestically||
|||||listed foreign|3,720,804|
|||||shares||
|Zhang Huai’an||2,807,000||Domestically||
|||||listed foreign|2,807,000|
|||||shares||
|Zheng Enyue||2,369,639||Domestically||
|||||listed foreign|2,369,639|
|||||shares||
|Sun Huiming||2,007,110||Domestically||
|||||listed foreign|2,007,110|
|||||shares||
|Gu Jinhua||1,782,871||Domestically||
||||||1,782,871|
|||||listed foreign||

|||||
|-|-|-|-|
|||shares||
|Chen Chujia|1,349,306|Domestically||
|||listed foreign|1,349,306|
|||shares||
|Liu Fang|1,194,225|Domestically||
|||listed foreign|1,194,225|
|||shares||
|Gao Lingyun|1,000,000|Domestically||
|||listed foreign|1,000,000|
|||shares||
|CREDIT SUISSE (HONG KONG)LIMITED|999,908|Domestically||
|||listed foreign|999,908|
|||shares||
||Among the top ten shareholders, China Potevio Company Limited is neither a related|||
|Note of related relationship|party nor a person acting in concert with the others. It’s unknown by the Company|||
|among the above shareholders|whether there are related parties or persons acting in concert among the other|||
|and concerted actors|shareholders. The Company is unknown whether there exists associated relationship|||
||or belongs to consistent actor among the top ten circulation shareholders.|||
|Explanation on top ten common||||
|shareholders involving margin|N/A|||
|business (if applicable)||||

Whether top ten common shareholders or top ten common shareholders with un-restrict shares held have a buy-back agreement dealing in reporting period
□ Yes√ No
The top ten common shareholders or top ten common shareholders with un-restrict shares held of the Company have no buy-back agreement dealing in reporting period.
2. Total shareholders with preferred stock held and shares held by top ten shareholders with preferred stock held
□ Applicable√ Not applicable
Section III. Significant Events
I. Particulars about material changes in items of main accounting statement and financial index and explanations of reasons
√ Applicable□ Not applicable
|||||||
|-|-|-|-|-|-|
|Item|2016-3-31(RMB)|2015-12-31(RMB)|Amount of changes(RMB)|Changes ratio(%)|Reasons of great changes|
|Monetary fund|210,276,543.20|461,959,184.34|-251,682,641.14|-54.48%|Some bank loans of thecompany expired and retunedduring the reporting period.|
|Notes receivable|19,774,352.27|32,339,829.72|-12,565,477.45|-38.85%|Paid due bank acceptancesduring the reporting period.|
|Advance payment|16,941,511.43|36,692,329.07|-19,750,817.64|-53.83%|Mainly because theprepayments reach thesettlement conditions, and areincluded in the current costs ofexpenses.|
|Other receivable|42,450,187.28|32,234,571.22|10,215,616.06|31.69%|The balance like bid bondincreases at the end of period.|
|Tax payable|3,032,007.80|8,129,410.05|-5,097,402.25|-62.70%|The amount of procurement ofraw materials during thereporting period and input taxhas not been deducted at theend of period are large, theamount of tax payable iscorrespondingly small.|
|Dividend payable|1,692,213.38|7,115,513.38|-5,423,300.00|-76.22%|The subsidiary TelegeBuilding Company paiddividends to shareholdersduring the reporting period.|
|Total non-currentliabilities|849,703.84|1,605,655.98|-755,952.14|-47.08%|Government subsidiesaccounted by deferred incomereceived in previous periodhave been transferred into thecurrent income during theperiod, the balance ofdeferred income hasdecreased.|
|Retained profit|-65,921,517.17|-50,056,514.64|-15,865,002.53|-31.69%|The company made losses of15,860,000 yuan during the|

|||||||
|-|-|-|-|-|-|
||||||reporting period.|
|Item|Jan-Mar 2016 (RMB)|Jan-Mar 2015 (RMB)|Amount of changes(RMB)|Changes ratio(%)|Reasons of great changes|
|Investment income|135,861.01|290,228.54|-154,367.53|-53.19%|Net profits of joint-stockcompanies have decreasedon a year-on-year basis.|
|Net cash flow frominvestment activity|-808,659.60|-2,719,995.93|1,911,336.33|70.27%|During the reporting period,the expenditures of fixedinvestments have decreasedon a year-on-year basis.|
|Net cash flow formfinancing activities|-54,140,511.29|43,984,702.00|-98,125,213.29|-223.09%|During the reporting period,the expired and retuned bankloans have increased and theborrowed funds havedecreased on a year-on-yearbasis.|
|Net increase incash and cashequivalents|-235,224,647.40|-148,200,016.45|-87,024,630.95|-58.72%|Mainly because the cash flowgenerated from financialactivities has decreased on ayear-on-year basis.|

 II. Analysis and explanation of significant events and their influence and solutions
□Applicable √Not applicable
III. Commitments that the company, shareholders, actual controller, offeror, directors, supervisors, senior management or other related parties have fulfilled during the reporting period and have not yet fulfilled by the end of reporting period
√Applicable□ Not applicable
||||||||
|-|-|-|-|-|-|-|
|||Type of|||||
||||Content of|Commitment|Commitment|Implementati|
|Commitments|Promise||||||
|||commitments|commitments|date|term|on|
|Commitments for Share Merger|||||||
|Reform|||||||
|Commitments in report of|||||||
|acquisition or equity change|||||||
|Commitments in assets|||||||
|reorganization|||||||
|Commitments make in initial public|||||||
|offering or re-financing|||||||
|Equity incentive commitment|||||||
||China||In order to||Commitment|Commitment|
|||Other|||||
|Other commitments for medium|Potevio||protect legal|2015-07-08|of not|of not|
|and small shareholders||commitments|||||
||Company||interests of||reducing:|reducing had|

|||||
|-|-|-|-|
|Limited|every|within 6|implemented|
||investor,|months from||
||China|July 8, 2015||
||Potevio|||
||Information|||
||Industry|||
||Company|||
||Limited|||
||(“China|||
||Potevio”), as|||
||the|||
||controlling|||
||shareholder|||
||of|||
||Ningtongxin|||
||(stock code:|||
||200468),|||
||hereby|||
||undertakes|||
||as follows:|||
||(1)as a|||
||responsible|||
||controlling|||
||shareholder,|||
||China|||
||Potevio will|||
||not reduce|||
||shareholding|||
||of the Shares|||
||of the|||
||Company in|||
||the following|||
||six months|||
||since 8 July|||
||2015;|||
||(2)currently,|||
||Ningtongxin|||
||is in stable|||
||operation|||
||and the main|||
||business is in|||
||normal|||
||operation.|||
||China|||

||||
|-|-|-|
|||Potevio will|
|||continue to|
|||promote|
|||transformatio|
|||n and|
|||structure|
|||adjustment|
|||of the|
|||Company|
|||through|
|||assets|
|||reorganizatio|
|||n and|
|||optimization|
|||of resources|
|||allocation, so|
|||as to greatly|
|||improve the|
|||quality of our|
|||Company;|
|||(III) China|
|||Potevio will|
|||speed up|
|||establishmen|
|||t of investor|
|||return|
|||system of the|
|||Listed|
|||Company by|
|||improving its|
|||operating|
|||quality and|
|||profitability,|
|||so as to|
|||increase|
|||investor’s|
|||return on a|
|||continuous|
|||basis.|
|Completed on time(Y/N)|Y||
|If the commitments is not fulfilled|||
|on time, shall explain the specify|Not applicable||
|reason and the next work plan|||

IV. Forecast of operation performance from Jan.– June of 2016
Estimation on accumulative net profit from the beginning of the year to the end of next report period to be loss probably or the warning of its material change compared with the corresponding period of the last year and explanation on reason□ Applicable√ Not applicable
V. Securities Investment
□ Applicable√ Not applicable
No security investment in Period.
VI. Derivative investment
□ Applicable√ Not applicable
No derivative investment in Period.
VII. Registration form for receiving research, communication and interview in the report period□ Applicable√ Not applicable
No registration form for receiving research, communication or interview in the Period.
VIII. Guarantee outside against the regulation
□Applicable√Not applicable
The Company had no guarantee outside against the regulation in the reporting period.
IX. Non-operational fund occupation from controlling shareholders and its related party
□ Applicable√ Not applicable
The Company had no non-operational fund occupation form controlling shareholders and its related party in the period.
IV. Financial statement
I. Financial statement
1. Consolidated balance sheet
Prepared by Nanjing Putian Telecommunications Co., Ltd.
March 31, 2016 In RMB
||||
|-|-|-|
|Items|Balance at period-end|Balance at period-begin|
|Current assets:|||
|Monetary funds|210,276,543.20|461,959,184.34|
|Settlement provisions|||
|Capital lent|||
|Financial liability measured by|||
|fair value and with variation|||
|reckoned into current gains/losses|||
|Derivative financial liability|||
||19,774,352.27|32,339,829.72|
|Notes receivable|||
||894,072,616.09|778,052,456.84|
|Accounts receivable|||
|Accounts paid in advance|16,941,511.43|36,692,329.07|
|Insurance receivable|||
|Reinsurance receivables|||
|Contract reserve of reinsurance|||
|receivable|||
|Interest receivable|||
|Dividend receivable|||
|Other receivables|42,450,187.28|32,234,571.22|
|Purchase restituted finance|||
|asset|||
|Inventories|425,173,768.46|390,501,461.16|
|Divided into assets held for sale|||
|Non-current asset due within|||
|one year|||
|Other current assets|10,688,811.34|8,738,631.96|
|Total current assets|1,619,377,790.07|1,740,518,464.31|
|Non-current assets:|||
|Loans and payments on behalf|||
|Finance asset available for|741,953.00|741,953.00|
|sales|||
|Held-to-maturity investment|||

||||
|-|-|-|
|Long-term account receivable|||
|Long-term equity investment|185,994,101.88|185,858,240.87|
|Investment property|30,819,384.34|31,076,520.61|
|Fixed assets|77,629,578.78|79,575,268.20|
|Construction in progress|26,564,131.24|26,629,692.29|
|Engineering material|||
|Disposal of fixed asset|||
|Productive biological asset|||
|Oil and gas asset|||
|Intangible assets|26,959,972.10|27,199,062.05|
|Expense on Research and|||
|Development|||
|Goodwill|||
|Long-term expenses to be|2,468,616.87|2,070,918.32|
|apportioned|||
|Deferred income tax asset|||
|Other non-current asset|||
|Total non-current asset|351,177,738.21|353,151,655.34|
|Total assets|1,970,555,528.28|2,093,670,119.65|
|Current liabilities:|||
|Short-term loans|414,500,000.00|458,000,000.00|
|Loan from central bank|||
|Absorbing deposit and|||
|interbank deposit|||
|Capital borrowed|||
|Financial liability measured by|||
|fair value and with variation|||
|reckoned into current gains/losses|||
|Derivative financial liability|||
|Notes payable|86,116,204.00|110,018,641.90|
|Accounts payable|910,703,010.07|922,132,610.96|
|Accounts received in advance|61,245,988.02|73,536,868.93|
|Selling financial asset of|||
|repurchase|||
|Commission charge and|||
|commission payable|||
|Wage payable|15,708,502.11|17,678,666.86|
|Taxes payable|3,032,007.80|8,129,410.05|

||||
|-|-|-|
|Interest payable|464,863.60|586,554.84|
|Dividend payable|1,692,213.38|7,115,513.38|
|Other accounts payable|38,671,113.12|42,049,885.44|
|Reinsurance payables|||
|Insurance contract reserve|||
|Security trading of agency|||
|Security sales of agency|||
|Divided into liability held for sale|||
|Non-current liabilities due within|||
|1 year|||
|Other current liabilities|||
|Total current liabilities|1,532,133,902.10|1,639,248,152.36|
|Non-current liabilities:|||
|Long-term loans|||
|Bonds payable|||
|Including: preferred stock|||
|Perpetual capital|||
|securities|||
|Long-term account payable|80,118.00|80,118.00|
|Long-term wages payable|||
|Special accounts payable|||
|Projected liabilities|||
|Deferred income|769,585.84|1,525,537.98|
|Deferred income tax liabilities|||
|Other non-current liabilities|||
|Total non-current liabilities|849,703.84|1,605,655.98|
|Total liabilities|1,532,983,605.94|1,640,853,808.34|
|Owner’s equity:|||
|Share capital|215,000,000.00|215,000,000.00|
|Other equity instrument|||
|Including: preferred stock|||
|Perpetual capital|||
|securities|||
|Capital public reserve|185,374,533.85|185,374,533.85|
|Less: Inventory shares|||
|Other comprehensive income|-4,223,184.69|-4,223,184.69|

||||
|-|-|-|
|Reasonable reserve|||
|Surplus public reserve|589,559.77|589,559.77|
|Provision of general risk|||
|Retained profit|-65,921,517.17|-50,056,514.64|
|Total owner’s equity attributable to|330,819,391.76|346,684,394.29|
|parent company|||
|Minority interests|106,752,530.58|106,131,917.02|
|Total owner’s equity|437,571,922.34|452,816,311.31|
|Total liabilities and owner’s equity|1,970,555,528.28|2,093,670,119.65|

 Principal of the Company: Li Linzhen
Person in charge of accounting works: Shi Lian
Person in charge of accounting organ: Qiu Huizhen
2. Balance Sheet of Parent Company
In RMB
||||
|-|-|-|
|Item|Closing balance|Opening balance|
|Current assets:|||
||77,459,472.56|211,695,287.97|
|Monetary funds|||
|Financial liability measured by|||
|fair value and with variation|||
|reckoned into current gains/losses|||
|Derivative financial liability|||
||200,000.00|5,662,078.50|
|Notes receivable|||
|Accounts receivable|515,299,239.66|425,991,743.86|
|Account paid in advance|8,789,521.32|18,699,725.04|
|Interest receivable|||
|Dividends receivable|||
|Other receivables|48,100,458.29|38,064,365.03|
|Inventories|236,570,367.22|205,855,446.34|
|Divided into assets held for sale|||
|Non-current assets maturing|||
|within one year|||
|Other current assets|758,926.84|2,413.04|
|Total current assets|887,177,985.89|905,971,059.78|

||||
|-|-|-|
|Non-current assets:|||
|Available-for-sale financial|||
||741,953.00|741,953.00|
|assets|||
|Held-to-maturity investments|||
|Long-term receivables|||
|Long-term equity investments|355,260,447.02|355,124,586.01|
|Investment property|||
|Fixed assets|23,062,608.32|23,878,833.23|
|Construction in progress|26,464,131.24|26,529,692.29|
|Project materials|||
|Disposal of fixed assets|||
|Productive biological assets|||
|Oil and natural gas assets|||
|Intangible assets|8,109,332.95|8,254,244.95|
|Research and development|||
|costs|||
|Goodwill|||
|Long-term deferred expenses|2,092,198.87|1,671,454.32|
|Deferred income tax assets|||
|Other non-current assets|||
|Total non-current assets|415,730,671.40|416,200,763.80|
|Total assets|1,302,908,657.29|1,322,171,823.58|
|Current liabilities:|||
|Short-term borrowings|286,000,000.00|346,000,000.00|
|Financial liability measured by|||
|fair value and with variation|||
|reckoned into current gains/losses|||
|Derivative financial liability|||
|Notes payable|84,116,204.00|94,018,641.90|
|Accounts payable|564,945,049.34|491,366,632.18|
|Accounts received in advance|16,518,567.28|22,674,489.02|
|Wage payable|5,289,115.32|6,333,680.57|
|Taxes payable|581,485.14|1,360,211.09|
|Interest payable|208,892.07|410,251.36|
|Dividend payable|||

||||
|-|-|-|
|Other accounts payable|174,577,513.57|173,240,989.14|
|Divided into liability held for sale|||
|Non-current liabilities due within|||
|1 year|||
|Other current liabilities|||
|Total current liabilities|1,132,236,826.72|1,135,404,895.26|
|Non-current liabilities:|||
|Long-term loans|||
|Bonds payable|||
|Including: preferred stock|||
|Perpetual capital|||
|securities|||
|Long-term account payable|80,118.00|80,118.00|
|Long-term wages payable|||
|Special accounts payable|||
|Projected liabilities|||
|Deferred income|769,585.84|1,525,537.98|
|Deferred income tax liabilities|||
|Other non-current liabilities|||
|Total non-current liabilities|849,703.84|1,605,655.98|
|Total liabilities|1,133,086,530.56|1,137,010,551.24|
|Owners’ equity:|||
|Share capita|215,000,000.00|215,000,000.00|
|Other equity instrument|||
|Including: preferred stock|||
|Perpetual capital|||
|securities|||
|Capital public reserve|172,417,299.81|172,417,299.81|
|Less: Inventory shares|||
|Other comprehensive income|||
|Reasonable reserve|||
|Surplus reserve|589,559.76|589,559.76|
|Retained profit|-218,184,732.84|-202,845,587.23|
|Total owner’s equity|169,822,126.73|185,161,272.34|
|Total liabilities and owner’s equity|1,302,908,657.29|1,322,171,823.58|

3. Consolidated Profit Statement
In RMB
||||
|-|-|-|
|Item|Current Period|Last Period|
|I. Total operating income|348,635,996.16|430,831,087.19|
|Including: Operating income|348,635,996.16|430,831,087.19|
|Interest income|||
|Insurance gained|||
|Commission charge and|||
|commission income|||
|II. Total operating cost|365,191,672.84|444,124,720.87|
|Including: Operating cost|283,688,840.95|353,599,273.82|
|Interest expense|||
|Commission charge and|||
|commission expense|||
|Cash surrender value|||
|Net amount of expense of|||
|compensation|||
|Net amount of withdrawal of|||
|insurance contract reserve|||
|Bonus expense of guarantee slip|||
|Reinsurance expense|||
|Operating tax and extras|1,752,226.45|2,465,726.93|
|Sales expenses|42,396,280.11|45,548,588.96|
|Administration expenses|33,256,599.59|38,276,927.49|
|Financial expenses|4,097,725.74|4,236,075.67|
|Losses of devaluation of asset||-1,872.00|
|Add: Changing income of fair|||
|value(Loss is listed with “-”)|||
|Investment income (Loss is listed|||
||135,861.01|290,228.54|
|with “-”)|||
|Including: Investment income on|||
||135,861.01|290,228.54|
|affiliated company and joint venture|||
|Exchange income (Loss is listed|||
|with “-”)|||
|III. Operating profit (Loss is listed|||
||-16,419,815.67|-13,003,405.14|
|with “-”)|||

||||
|-|-|-|
|Add: Non-operating income|2,142,231.89|1,987,733.65|
|Including: Disposal gains of|||
||31.90||
|non-current asset|||
|Less: Non-operating expense|26,081.00|75,817.87|
|Including: Disposal loss of|||
|non-current asset|||
|IV. Total Profit (Loss is listed with “-”)|-14,303,664.78|-11,091,489.36|
|Less: Income tax expense|940,724.19|2,838,136.04|
|V. Net profit (Net loss is listed with “-”)|-15,244,388.97|-13,929,625.40|
|Net profit attributable to owner’s of|||
||-15,865,002.53|-13,964,448.61|
|parent company|||
|Minority shareholders’ gains and|||
||620,613.56|34,823.21|
|losses|||
|VI. Net after-tax of other|||
|comprehensive income|||
|Net after-tax of other|||
|comprehensive income attributable to|||
|owners of parent company|||
|(I) Other comprehensive income|||
|items which will not be reclassified|||
|subsequently to profit of loss|||
|1. Changes as a result of|||
|re-measurement of net defined|||
|benefit plan liability or asset|||
|2. Share of the other|||
|comprehensive income of the|||
|investee accounted for using equity|||
|method which will not be reclassified|||
|subsequently to profit and loss|||
|(II) Other comprehensive income|||
|items which will be reclassified|||
|subsequently to profit or loss|||
|1. Share of the other|||
|comprehensive income of the|||
|investee accounted for using equity|||
|method which will be reclassified|||
|subsequently to profit or loss|||
|2. Gains or losses arising|||
|from changes in fair value of|||
|available-for-sale financial assets|||

||||
|-|-|-|
|3. Gains or losses arising|||
|from reclassification of|||
|held-to-maturity investment as|||
|available-for-sale financial assets|||
|4. The effect hedging|||
|portion of gains or losses arising from|||
|cash flow hedging instruments|||
|5. Translation differences|||
|arising on translation of foreign|||
|currency financial statements|||
|6. Other|||
|Net after-tax of other|||
|comprehensive income attributable to|||
|minority shareholders|||
|VII. Total comprehensive income|-15,244,388.97|-13,929,625.40|
|Total comprehensive income|||
|attributable to owners of parent|-15,865,002.53|-13,964,448.61|
|Company|||
|Total comprehensive income|620,613.56||
|||34,823.21|
|attributable to minority shareholders|||
|VIII. Earnings per share:|||
|(i) Basic earnings per share|-0.074|-0.065|
|(ii) Diluted earnings per share|-0.074|-0.065|

 Enterprise combine under the same control in the Period, the combined party realized net profit of 0 Yuan before combination, and realized 0 Yuan at last period for combined party
Principal of the Company: Li Linzhen
Person in charge of accounting works: Shi Lian
Person in charge of accounting organ: Qiu Huizhen
4. Profit Statement of Parent Company
In RMB
||||
|-|-|-|
|Item|Current Period|Last Period|
|I. Operating income|141,196,102.82|181,795,870.55|
|Less: Operating cost|121,909,052.39|163,068,258.39|
|Operating tax and extras|517,252.74|453,315.56|
|Sales expenses|20,206,132.73|20,499,235.89|

||||
|-|-|-|
|Administration expenses|11,891,067.98|14,443,276.41|
|Financial expenses|3,015,505.27|3,766,570.94|
|Losses of devaluation of|||
|asset|||
|Add: Changing income of fair|||
|value(Loss is listed with “-”)|||
|Investment income (Loss is|||
||135,861.01|290,228.54|
|listed with “-”)|||
|Including: Investment|||
|income on affiliated company and|135,861.01|290,228.54|
|joint venture|||
|II. Operating profit (Loss is listed|||
||-16,207,047.28|-20,144,558.10|
|with “-”)|||
|Add: Non-operating income|877,901.67|949,983.22|
|Including: Disposal gains of|||
||31.90||
|non-current asset|||
|Less: Non-operating expense|10,000.00|65,630.02|
|Including: Disposal loss of|||
|non-current asset|||
|III. Total Profit (Loss is listed with|||
||-15,339,145.61|-19,260,204.90|
|“-”)|||
|Less: Income tax expense|||
|IV. Net profit (Net loss is listed with|||
||-15,339,145.61|-19,260,204.90|
|“-”)|||
|V. Net after-tax of other|||
|comprehensive income|||
|(I) Other comprehensive|||
|income items which will not be|||
|reclassified subsequently to profit of|||
|loss|||
|1. Changes as a result of|||
|re-measurement of net defined|||
|benefit plan liability or asset|||
|2. Share of the other|||
|comprehensive income of the|||
|investee accounted for using equity|||
|method which will not be reclassified|||
|subsequently to profit and loss|||
|(II) Other comprehensive|||

||||
|-|-|-|
|income items which will be|||
|reclassified subsequently to profit or|||
|loss|||
|1. Share of the other|||
|comprehensive income of the|||
|investee accounted for using equity|||
|method which will be reclassified|||
|subsequently to profit or loss|||
|2. Gains or losses arising|||
|from changes in fair value of|||
|available-for-sale financial assets|||
|3. Gains or losses arising|||
|from reclassification of|||
|held-to-maturity investment as|||
|available-for-sale financial assets|||
|4. The effect hedging|||
|portion of gains or losses arising|||
|from cash flow hedging instruments|||
|5. Translation differences|||
|arising on translation of foreign|||
|currency financial statements|||
|6. Other|||
|VI. Total comprehensive income|-15,339,145.61|-19,260,204.90|
|VII. Earnings per share:|||
|(i) Basic earnings per share|-0.071|-0.090|
|(ii) Diluted earnings per share|-0.071|-0.090|

 5. Consolidated Cash Flow Statement
In RMB
||||
|-|-|-|
|Item|Current Period|Last Period|
|I. Cash flows arising from operating|||
|activities:|||
|Cash received from selling|||
|commodities and providing labor|628,877,777.59|543,007,032.53|
|services|||
|Net increase of customer|||
|deposit and interbank deposit|||
|Net increase of loan from|||
|central bank|||

||||
|-|-|-|
|Net increase of capital|||
|borrowed from other financial|||
|institution|||
|Cash received from original|||
|insurance contract fee|||
|Net cash received from|||
|reinsurance business|||
|Net increase of insured savings|||
|and investment|||
|Net increase of amount from|||
|disposal financial assets that|||
|measured by fair value and with|||
|variation reckoned into current|||
|gains/losses|||
|Cash received from interest,|||
|commission charge and|||
|commission|||
|Net increase of capital|||
|borrowed|||
|Net increase of returned|||
|business capital|||
|Write-back of tax received|1,756,550.71|873,418.77|
|Other cash received|||
||6,746,667.43|5,605,065.67|
|concerning operating activities|||
|Subtotal of cash inflow arising from|||
||637,380,995.73|549,485,516.97|
|operating activities|||
|Cash paid for purchasing|||
|commodities and receiving labor|692,156,981.37|601,844,411.04|
|service|||
|Net increase of customer loans|||
|and advances|||
|Net increase of deposits in|||
|central bank and interbank|||
|Cash paid for original|||
|insurance contract compensation|||
|Cash paid for interest,|||
|commission charge and|||
|commission|||
|Cash paid for bonus of|||
|guarantee slip|||

||||
|-|-|-|
|Cash paid to/for staff and|||
||68,402,281.21|55,726,018.71|
|workers|||
|Taxes paid|17,380,299.06|18,866,086.32|
|Other cash paid concerning|||
||39,716,910.60|62,530,995.89|
|operating activities|||
|Subtotal of cash outflow arising|||
||817,656,472.24|738,967,511.96|
|from operating activities|||
|Net cash flows arising from|||
||-180,275,476.51|-189,481,994.99|
|operating activities|||
|II. Cash flows arising from investing|||
|activities:|||
|Cash received from recovering|||
|investment|||
|Cash received from investment|||
|income|||
|Net cash received from|||
|disposal of fixed, intangible and|2,000.00|6,132.00|
|other long-term assets|||
|Net cash received from|||
|disposal of subsidiaries and other|||
|units|||
|Other cash received|||
|concerning investing activities|||
|Subtotal of cash inflow from|||
||2,000.00|6,132.00|
|investing activities|||
|Cash paid for purchasing fixed,|||
|intangible and other long-term|810,659.60|2,726,127.93|
|assets|||
|Cash paid for investment|||
|Net increase of mortgaged|||
|loans|||
|Net cash received from|||
|subsidiaries and other units|||
|obtained|||
|Other cash paid concerning|||
|investing activities|||
|Subtotal of cash outflow from|||
||810,659.60|2,726,127.93|
|investing activities|||
|Net cash flows arising from|-808,659.60|-2,719,995.93|

||||
|-|-|-|
|investing activities|||
|III. Cash flows arising from|||
|financing activities|||
|Cash received from absorbing|||
|investment|||
|Including: Cash received from|||
|absorbing minority shareholders’|||
|investment by subsidiaries|||
|Cash received from loans|131,500,000.00|175,000,000.00|
|Cash received from issuing|||
|bonds|||
|Other cash received|||
|concerning financing activities|||
|Subtotal of cash inflow from|||
||131,500,000.00|175,000,000.00|
|financing activities|||
|Cash paid for settling debts|175,000,000.00|125,000,000.00|
|Cash paid for dividend and|||
||10,640,511.29|6,015,298.00|
|profit distributing or interest paying|||
|Including: Dividend and profit of|||
|minority shareholder paid by|5,423,300.00|253,832.01|
|subsidiaries|||
|Other cash paid concerning|||
|financing activities|||
|Subtotal of cash outflow from|||
||185,640,511.29|131,015,298.00|
|financing activities|||
|Net cash flows arising from|||
||-54,140,511.29|43,984,702.00|
|financing activities|||
|IV. Influence on cash and cash|||
|equivalents due to fluctuation in||17,272.47|
|exchange rate|||
|V. Net increase of cash and cash|||
||-235,224,647.40|-148,200,016.45|
|equivalents|||
|Add: Balance of cash and cash|||
||405,920,943.68|375,372,939.94|
|equivalents at the period -begin|||
|VI. Balance of cash and cash|||
||170,696,296.28|227,172,923.49|
|equivalents at the period -end|||

6. Cash Flow Statement of Parent Company
In RMB
||||
|-|-|-|
|Item|Current Period|Last Period|
|I. Cash flows arising from operating|||
|activities:|||
|Cash received from selling|||
|commodities and providing labor|344,262,520.30|275,325,890.42|
|services|||
|Write-back of tax received|214,017.70||
|Other cash received|||
||21,178,430.04|4,894,334.59|
|concerning operating activities|||
|Subtotal of cash inflow arising from|||
||365,654,968.04|280,220,225.01|
|operating activities|||
|Cash paid for purchasing|||
|commodities and receiving labor|377,352,990.60|304,402,435.13|
|service|||
|Cash paid to/for staff and|||
||26,962,907.60|28,174,807.77|
|workers|||
|Taxes paid|1,861,875.93|624,512.24|
|Other cash paid concerning|||
||29,292,095.12|33,064,947.53|
|operating activities|||
|Subtotal of cash outflow arising|||
||435,469,869.25|366,266,702.67|
|from operating activities|||
|Net cash flows arising from|||
||-69,814,901.21|-86,046,477.66|
|operating activities|||
|II. Cash flows arising from investing|||
|activities:|||
|Cash received from recovering|||
|investment|||
|Cash received from investment|||
|income|||
|Net cash received from|||
|disposal of fixed, intangible and|2,000.00|6,132.00|
|other long-term assets|||
|Net cash received from|||
|disposal of subsidiaries and other|||
|units|||
|Other cash received|||

||||
|-|-|-|
|concerning investing activities|||
|Subtotal of cash inflow from|||
||2,000.00|6,132.00|
|investing activities|||
|Cash paid for purchasing fixed,|||
|intangible and other long-term|641,025.00|2,326,419.68|
|assets|||
|Cash paid for investment|||
|Net cash received from|||
|subsidiaries and other units|||
|Other cash paid concerning|||
|investing activities|||
|Subtotal of cash outflow from|||
||641,025.00|2,326,419.68|
|investing activities|||
|Net cash flows arising from|||
||-639,025.00|-2,320,287.68|
|investing activities|||
|III. Cash flows arising from|||
|financing activities|||
|Cash received from absorbing|||
|investment|||
|Cash received from loans|80,000,000.00|120,000,000.00|
|Cash received from issuing|||
|bonds|||
|Other cash received|||
|concerning financing activities|||
|Subtotal of cash inflow from|||
||80,000,000.00|120,000,000.00|
|financing activities|||
|Cash paid for settling debts|140,000,000.00|90,000,000.00|
|Cash paid for dividend and|||
||3,630,590.29|4,962,093.77|
|profit distributing or interest paying|||
|Other cash paid concerning|||
|financing activities|||
|Subtotal of cash outflow from|||
||143,630,590.29|94,962,093.77|
|financing activities|||
|Net cash flows arising from|||
||-63,630,590.29|25,037,906.23|
|financing activities|||
|IV. Influence on cash and cash|||
|equivalents due to fluctuation in||17,278.00|
|exchange rate|||

||||
|-|-|-|
|V. Net increase of cash and cash|||
||-134,084,516.50|-63,311,581.11|
|equivalents|||
|Add: Balance of cash and cash|||
||192,969,689.69|184,370,348.86|
|equivalents at the period -begin|||
|VI. Balance of cash and cash|||
||58,885,173.19|121,058,767.75|
|equivalents at the period -end|||

II. Audit report
Whether the
1st
quarterly report has been audited or not
□Yes√ No
The
1st
quarterly report of the Company has not been audited
Board of Directors of Nanjing Putian Telecommunications Co., Ltd. 29 April 2016