Chongqing Jianshe Vehicle System Co., Ltd. The First Quarterly Report 2018 Chongqing Jianshe Vehicle System Co., Ltd.
The FirstQuarterly Report 2018
2018-017
April 2018
Chongqing Jianshe Vehicle System Co., Ltd. The First Quarterly Report 2018 1 Important notes
The Board ofDirectors，the Supervisory Committee, the directors, the supervisors, and executives of the Company guarantee that there are no significant omissions, fictitious or misleading statements carried in the Quarterly Report and we will accept individual and joint responsibilities for the truthfulness, accuracy and completeness of the Quarterly Report.
Except the following directors all the directors attended the board meeting for reviewing the Quarterly report.
|||||
|-|-|-|-|
|The name of the directors absent|Positions|Reasons for the absence|Name of the consignee|
|Wang Jun|Independent Director|Business trip|Li Dingqing|

Mr. Lv Hongxian, The Company Leader, Mr. Fan Aijun , Chief financial officer and the Ms.Niu Yanli, the person in charge of the accounting department (the person in charge of the accounting )hereby confirm the authenticity and completeness of the financial report enclosed in the report.
Chongqing Jianshe Vehicle System Co., Ltd. The First Quarterly Report 2018 II. Basic Information of the Company
I.Main accounting data and financial Index
Indicate by tick mark whether the Company needs to retroactively restate any of its accounting data.
□ Yes√ No
|||||
|-|-|-|-|
||||Changes of this period over|
||This period|Same period of last year|same period of last year|
||||（％）|
|Operating income（Yuan）|266,811,269.51|304,027,257.44|-12.24%|
|Net profit attributable to the shareholders|55,789.60|9,821,043.23||
||||-99.43%|
|of the listed company（Yuan）||||
|Net profit after deducting of non-recurring||||
|gain/loss attributable to the shareholders of|-275,476.62|9,038,679.96|-103.05%|
|listed company（Yuan）||||
|Cash flow generated by business operation,|18,706,058.10|42,677,534.79||
||||-56.17%|
|net（Yuan）||||
|Basic earning per share(Yuan/Share)|0.0005|0.0823|-99.39%|
|Diluted gains per share(Yuan/Share)|0.0005|0.0823|-99.39%|
|Weighted average return on equity||||
||0.02%|3.59%|-3.57%|
|（%）||||
||||Changes of this period-end|
||End of this period|End of last period|over same period-end of last|
||||year(%)|
|Gross assets（Yuan）|1,341,098,039.32|1,302,238,427.15|2.98%|
|Net assets attributable to the shareholders|282,813,993.09|282,758,203.49||
||||0.02%|
|of the listed company（Yuan）||||

Items and amount of non-current gains and losses
√ Applicable□ Not applicable
In RMB
||||
|-|-|-|
||Amount (Year-beginning to||
|Items||Notes|
||the end of the report period.)||
|Govemment subsidy recognized in current gain and|||
|loss(excluding those closely related to the Company’s business|332,400.00||
|and granted under the state’s policies)|||

Chongqing Jianshe Vehicle System Co., Ltd. The First Quarterly Report 2018
||||
|-|-|-|
|Other non-operating income and expenditure except for the|||
||-1,133.78||
|aforementioned items|||
|Total|331,266.22|--|

For theCompany’s non-recurring gain/loss items as defined in the Explanatory Announcement No.1 on information disclosure for Companies Offering their Securities to the Public-Non-recurring Gains and Losses and its non-recurring gain/loss items as illustrated in the Explanatory Announcement No.1 on information Disclosure for Companies offering their securities to the public-non-recurring Gains and losses which have been defined as recurring gains and losses, it is necessary to explain the reason.
□Applicable√ Not applicable
None of Non-recurring gain /loss items recognized as recurring gain /loss/items as defined by the information disclosure explanatory Announcement No.1- Non–recurring gain/loss in the report period.
Chongqing Jianshe Vehicle System Co., Ltd. The First Quarterly Report 2018 II. Total Shareholders and Shares Held by Top Ten Shareholders at the End of the Reporting Period 1. About Total Common Shareholders, Total Preference Shareholders with the Voting Power Recovered and the Shares Held by Top Ten Common Shareholders
In shares
|||||||||
|-|-|-|-|-|-|-|-|
||||Total preference shareholders with|||||
|Total number of common||||||||
|||8,173|the voting power recovered at the|||0||
|shareholders at the period-end||||||||
||||end of the reporting period(if any)|||||
|Shares held by the top 10 shareholders||||||||
|||||Amount of||Pledging or freezing||
||Properties of|Share||tradable shares||||
|Shareholder name|||Quantity|||Status of the||
||shareholder|proportion %||with Conditional|||Quantity|
|||||||shares||
|||||held||||
|ChongqingJiansheMechanical andElectric Co., Ltd.|State-owned legalperson|71.13%|84,906,250|84,906,250||||
|||||||Freeze|718.5|
|Gu Zuocheng|Domestic naturalperson|1.89%|2,261,000|2,218,750||||
|Anhui HengshengEconomicDevelopmentGroup Co., Ltd.|Domesticnon-state-ownedlegal person|1.47%|1,750,000|1,750,000||||
|Liu Dan|Domestic naturalperson|0.86%|1,032,201|0||||
|Yu Lingfeng|Domestic naturalperson|0.53%|633,989|0||||
|Chen Xinqiang|Domestic naturalperson|0.51%|612,921|0||||
|Xu Yuanhui|Domestic naturalperson|0.51%|612,400|0||||
|Zhang Meilan|Domestic naturalperson|0.43%|513,560|0||||
|Feng Yonghui|Domestic naturalperson|0.42%|500,000|500,000||||
|COREPACIFIC-YAMAICHIINTERNATIONAL (H.K.)LIMITED|Overseas legalperson|0.36%|424,550|0||||
|Shares held by the Top 10 Shareholders of Non-restricted shares||||||||
||||||Share type|||
|Shareholders’ Names||Number of the non-restricted shares held||||||
||||||Share type||Quantity|
|||1,032,201|||Foreign shares placed in|||
||||||||1,032,201|
||||||domestic exchange|||
|Xu Yuanhui||633,989|||Foreign shares placed in||633,989|

Chongqing Jianshe Vehicle System Co., Ltd. The First Quarterly Report 2018
|||||
|-|-|-|-|
|||domestic exchange||
|Yu Lingfeng|612,921|Foreign shares placed in||
||||612,921|
|||domestic exchange||
|Chen Xinqiang|612,400|Foreign shares placed in||
||||612,400|
|||domestic exchange||
|Zhang Meilan|513,560|Foreign shares placed in||
||||513,560|
|||domestic exchange||
|CORE PACIFIC-YAMAICHIINTERNATIONAL (H.K.)LIMITED|424,550|||
|||Foreign shares placed in||
||||424,550|
|||domestic exchange||
|GUOTAI JUNANSECURITIES(HONGKONG)LIMITED|366,700|||
|||Foreign shares placed in||
||||366,700|
|||domestic exchange||
|Liu Guosheng|345,575|Foreign shares placed in||
||||345,575|
|||domestic exchange||
|KGI ASIA LIMITED|303,615|Foreign shares placed in||
||||303,615|
|||domestic exchange||
|Lin Fan|303,400|Foreign shares placed in||
||||303,400|
|||domestic exchange||
||There is no affiliated relationship between the top ten non-restricted tradable|||
||shareholders and the controlling shareholder Jianshe Mechanical and Electric|||
||Co., Ltd, nor do they belong to the consistent actors stipulated in the|||
|Explanation on associated|Administrative Measures for the Acquisition of Listed Companies; it is unknown|||
|relationship among the aforesaid|to the company whether there is an affiliated relationship between the top ten|||
|shareholders|non-restricted tradable shareholders as well as between the top ten|||
||non-restricted tradable shareholders and the other top ten shareholders, or|||
||whether they are included in the consistent actors stipulated in the|||
||Administrative Measures for the Acquisition of Listed Companies.|||

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 number of preferred shareholders and shareholding of top 10 preferred shareholders by the end of the report period
□ Applicable√Not applicable
Chongqing Jianshe Vehicle System Co., Ltd. The First Quarterly Report 2018 III. Significant Issues
I. Major changes of main accounting statement items and financial indicators in the reporting period, as well as reasons for the changes
√ Applicable□ Not applicable
In the first quarter, operating income, net profit, and cash inflow decreased due to the decline in the sales volume of automotive air-conditioning compressors and the price reductions of OEMs.
II. The progress of significant events and influence, as well as the analysis and explanation on resolving proposal.
□ Applicable√Not applicable
III. Commitments finished in implementation by the Company, shareholders, actual controller, acquirer, directors, supervisors, senior executives or other related parties in the reporting period and commitments unfinished in implementation at the end of the reporting period
□ Applicable√Not applicable
Nil
IV．Prediction of Business performance for January- June 2018
Estimation of accumulative net profit from the beginning of the year to the end of next report period to be loss probably or the warning of its material change compared with the corresponding period of the last year and explanation of reason.
□ Applicable√ Not applicable
V. Investment in securities
□ Applicable√Not applicable
No Securities investment in period
VI. Investment in derivatives
□ Applicable√Not applicable
There is no derivative investment during the report period.
VII. Registration form of such Activities as Reception, Research, Communication, Interview in the Reporting Period
√Applicable□Not applicable
|||||
|-|-|-|-|
|Reception time|Way of reception|Types of visitors|Basic index|
|March 19,2018|Onsite investigation|Individual|Visit the company's production site.|

 VIII. External guarantee get out of line
□ Applicable√Not applicable
Chongqing Jianshe Vehicle System Co., Ltd. The First Quarterly Report 2018 The Company has no external guarantee get out of the line in the Period
IX. Controlling shareholder and its related parties occupying non-business capital of the listed company□ Applicable√Not applicable
There are no controlling shareholder and its related parties occupying non-business capital of the listed company in Period
Chongqing Jianshe Vehicle System Co., Ltd. The First Quarterly Report 2018 IV. Financial Statement
I. Financial statement
1. Consolidated balance sheet
Preparedby：Chongqing, Jianshe Vehicle System Co., Ltd.
In RMB
||||
|-|-|-|
|Items|Year-end balance|Year-beginning balance|
|Current asset：|||
|Cash and bank balances|244,074,958.87|249,648,466.46|
|Settlement provision|||
|Outgoing call loan|||
|Financial assets at fair value through|||
|profit or loss|||
|Derivative financial assets|||
|Notes receivable|56,475,930.74|17,800,808.72|
|Account receivable|289,935,161.11|280,383,810.21|
|Advance payments|9,659,515.15|13,371,261.26|
|Insurance receivable|||
|Reinsurance receivable|||
|Provisions of Reinsurance contracts|||
|receivable|||
|Interest receivable|||
|Dividend receivable|||
|Other account receivable|15,411,778.94|7,736,032.47|
|Securities purchased under agreements|||
|to resell|||
|Inventories|182,007,195.97|176,214,199.33|
|Held-for-sale assets|||
|Current portion of non-current assets|||
|Other current asset|2,061,423.81|3,257,224.78|
|Total of current assets|799,625,964.59|748,411,803.23|

Chongqing Jianshe Vehicle System Co., Ltd. The First Quarterly Report 2018
||||
|-|-|-|
|Non-current assets：|||
|Loans and advances|||
|Available-for-sale financial assets|||
|Held-to-maturity investments|||
|Long-term receivable|||
|Long term share equity investment|82,141,921.63|84,591,794.06|
|Property investment|109,476,436.65|110,646,354.41|
|Fixed assets|326,001,807.76|334,707,635.51|
|Construction in progress|4,800,176.35|4,800,176.35|
|Engineering material|||
|Fixed assets pending for disposal|||
|Productive biological assets|||
|Gas & petrol|||
|Intangible assets|11,305,901.76|11,383,982.46|
|Research and Development|||
|Expenditures|||
|Goodwill|||
|Long-term prepaid expenses|1,119,344.97|1,327,675.53|
|Deferred income tax|1,831,732.07|1,831,732.07|
|Other non-current asset|4,794,753.54|4,537,273.53|
|Total of non-current assets|541,472,074.73|553,826,623.92|
|Total of assets|1,341,098,039.32|1,302,238,427.15|
|Current liabilities|||
|Short-term bank loan facilities|262,000,000.00|312,000,000.00|
|Borrowings from central bank|||
|Deposits and placements from other|||
|financial institutions|||
|Placement from banks and other|||
|financial institution|||
|Financial liabilities at fair value through|||
|profit and loss|||
|Derivative financial liabilities|||
|Notes payable|439,978,000.00|411,410,000.00|
|Account payable|276,078,557.70|179,749,230.79|
|Advances from customers|1,403,867.84|2,317,670.14|

Chongqing Jianshe Vehicle System Co., Ltd. The First Quarterly Report 2018
||||
|-|-|-|
|Securities sold under agreement to|||
|repurchase|||
|Fees and commissions payable|||
|Payroll payable|4,322,138.41|3,684,784.25|
|Taxes and surcharges payable|20,027,861.81|15,659,997.79|
|Interest payable|||
|Dividend payable|||
|Other payable|23,154,473.39|44,403,126.16|
|Reinsurance amounts payable|||
|Provision of insurance contract|||
|Securities brokering|||
|Securities underwriting|||
|Held-for-sale liabilities|||
|Current portion of non-current liabilities|27,790,000.00|47,090,000.00|
|Other current liability|||
|Total of current liability|1,054,754,899.15|1,016,314,809.13|
|Non-current liabilities：|||
|Long-term bank loan facilities|1,500,000.00|1,500,000.00|
|Bond payable|||
|Including：preferred stock|||
|Perpetual capital securities|||
|Long-term payable|||
|Long-term employee benefits payable|||
|Grants payable|||
|Provisions|||
|Deferred income|||
|Deferred tax liabilities|||
|Other non-current liabilities|||
|Total non-current liabilities|1,500,000.00|1,500,000.00|
||1,056,254,899.15|1,017,814,809.13|
|Total of liability|||
|Equity|||
||119,375,000.00|119,375,000.00|
|Share capital|||
|Other equity instrument|||
|Including：preferred stock|||

Chongqing Jianshe Vehicle System Co., Ltd. The First Quarterly Report 2018
||||
|-|-|-|
|Perpetual capital securities|||
|Reserves|958,575,094.29|958,575,094.29|
|Less: treasury shares|||
|Other comprehensive income|||
|Specialized reserve|||
|Surplus reserves|125,686,000.00|125,686,000.00|
|General risk reserve|||
||-920,822,101.20|-920,877,890.80|
|Retained earnings|||
|Equity contributable to parent company|282,813,993.09|282,758,203.49|
|Minority interests|2,029,147.08|1,665,414.53|
|Total equity|284,843,140.17|284,423,618.02|
|Total liabilities and equity|1,341,098,039.32|1,302,238,427.15|

 Legal Representative: Lv Hongxian Person in charge ofaccounting：Fan Aijun Accounting Dept Leader: Niu Yanli
2.Parent Company Balance Sheet
In RMB
||||
|-|-|-|
|Items|Year-end balance|Year-beginning balance|
|Current asset：|||
|Cash and bank balances|95,874,997.61|93,728,199.64|
|Financial assets at fair value through|||
|profit or loss|||
|Derivative financial assets|||
|Notes receivable||179,825.64|
|Account receivable|522,631.52|350,383.40|
|Advance payments|6,363,338.70|4,852,929.09|
|Interest receivable|||
|Dividend receivable|||
|Other receivable|40,669,273.83|5,867,166.58|
|Inventories|7,404,436.67|1,273,568.27|
|Held-for-sale assets|||
|Current portion of non-current assets|||
|Other current asset|1,632,394.12|2,218,853.36|
|Total of current assets|152,467,072.45|108,470,925.98|
|Non-current assets：|||

Chongqing Jianshe Vehicle System Co., Ltd. The First Quarterly Report 2018
||||
|-|-|-|
|Available-for-sale financial assets|||
|Held-to-maturity investments|||
|Long-term receivable|||
|Long term share equity investment|250,301,921.63|252,751,794.06|
|Property investment|109,476,436.65|110,646,354.41|
|Fixed assets|89,650,750.73|92,238,100.45|
|Construction in progress|||
|Engineering material|||
|Fixed assets pending for disposal|||
|Productive biological assets|||
|Gas & petrol|||
|Intangible assets|||
|Research and Development|||
|Expenditures|||
|Goodwill|||
|Long-term prepaid expenses|||
|Deferred income tax|||
|Other non-current asset|||
|Total of non-current assets|449,429,109.01|455,636,248.92|
|Total of assets|601,896,181.46|564,107,174.90|
|Current liabilities|||
|Short-term bank loan facilities|||
|Financial liabilities at fair value through|||
|profit and loss|||
|Derivative financial liabilities|||
|Notes payable|||
|Account payable|217,914,786.80|135,394,136.00|
|Advances from customers|180,083.38|180,083.38|
|Payroll payable|552,223.17|458,709.22|
|Tax payable|18,200,449.62|15,345,282.22|
|Interest payable|||
|Dividend payable|||
|Other payable|169,225,318.50|214,153,117.35|
|Held-for-sale liabilities|||
|Current portion of non-current liabilities|||

Chongqing Jianshe Vehicle System Co., Ltd. The First Quarterly Report 2018
||||
|-|-|-|
|Other current liability|||
|Total of current liability|406,072,861.47|365,531,328.17|
|Non-current liabilities：|||
|Long-term bank loan facilities|||
|Bond payable|||
|Including：preferred stock|||
|Perpetual capital securities|||
|Long-term payable|||
|Long-term employee benefits|||
|payable|||
|Grants payable|||
|Provisions|||
|Deferred income|||
|Deferred income tax|||
|Other non-current liabilities|||
|Total of Non-current liabilities|||
|Total of liability|406,072,861.47|365,531,328.17|
|Equity|||
|Share capital|119,375,000.00|119,375,000.00|
|Other equity instrument|||
|Including：preferred stock|||
|Perpetual capital securities|||
|Reserves|958,575,094.29|958,575,094.29|
|Less: treasury shares|||
|Other comprehensive income|||
|Specialized reserve|||
|Surplus reserves|125,686,000.00|125,686,000.00|
|Retained earnings|-1,007,812,774.30|-1,005,060,247.56|
|Total equity|195,823,319.99|198,575,846.73|
|Total liabilities and equity|601,896,181.46|564,107,174.90|

 3.Consolidated Income statement
In RMB
||||
|-|-|-|
|Items|Amount in this period|Amount in last period|
|I. Income from the key business|266,811,269.51|304,027,257.44|

Chongqing Jianshe Vehicle System Co., Ltd. The First Quarterly Report 2018
||||
|-|-|-|
|Incl：Business income|266,811,269.51|304,027,257.44|
|Interest income|||
|Insurance fee earned|||
|Fee and commission received|||
|II. Total business cost|267,631,320.48|295,680,147.90|
|Incl：Business cost|223,587,373.59|250,681,229.05|
|Interest expense|||
|Fee and commission paid|||
|Insurance discharge payment|||
|Net claim amount paid|||
|Insurance policy dividend paid|||
|Insurance policy dividend paid|||
|Reinsurance expenses|||
|Business tax and surcharge|2,638,416.93|3,822,516.44|
|Sales expense|7,113,031.90|7,589,889.97|
|Administrative expense|21,740,518.91|25,659,598.71|
|Financial expenses|12,551,979.15|7,926,913.73|
|Asset impairment loss|||
|Add：Gains from change of fir value|||
|（“-”for loss）|||
|Investment gain（“-”for loss）|1,050,127.57|907,184.89|
|Incl: investment gains from affiliates|1,050,127.57|907,184.89|
|Gains from currency exchange|||
|（“-”for loss）|||
|Assets disposal income|||
|Other income|||
|III. Operational profit（“-”for loss）|230,076.60|9,254,294.43|
|Add ：Non-operational income|335,820.00|372,400.66|
|Less：Non business expenses|4,553.78|-409,962.61|
|IV.Total profit(“-”for loss)|561,342.82|10,036,657.70|
|Less：Income tax expenses|141,820.67|108,142.30|
|V. Net profit|419,522.15|9,928,515.40|
|1.Net continuing operating profit|||
|2.Termination of operating net profit|||
|Net profit attributable to the owners of|55,789.60|9,821,043.23|

Chongqing Jianshe Vehicle System Co., Ltd. The First Quarterly Report 2018
||||
|-|-|-|
|parent company|||
|Minority shareholders’ equity|363,732.55|107,472.17|
|VI. Other comprehensive income|||
|Net of profit of other comprehensive inco|||
|me attributable to owners of the parent co|||
|mpany.|||
|（I）Other comprehensive income items|||
|that will not be reclassified into|||
|gains/losses in the subsequent accounting|||
|period|||
|1.Re-measurement of defined benefit pla|||
|ns of changes in net debt or net assets|||
|2.Other comprehensive income under the|||
|equity method investee can not be reclass|||
|ified into profit or loss.|||
|（II）|||
|Other comprehensive income that will be|||
|reclassified into profit or loss.|||
|1.Other comprehensive income under the|||
|equity method investee can be reclassifie|||
|d into profit or loss.|||
|2.Gains and losses from changes in fair v|||
|alue available for sale financial assets|||
|3.Held-to-maturity investments reclassifi|||
|ed to gains and losses of available for sal|||
|e financial assets|||
|4.The effective portion of cash flow hedg|||
|es and losses|||
|5.Translation differences in currency fina|||
|ncial statements|||
|6.Other|||
|Net of profit of other comprehensive inco|||
|me attributable to Minority shareholders’|||
|equity|||
|VII. Total comprehensive income|419,522.15|9,928,515.40|
|Total comprehensive income|||
|attributable to the owner of the parent|55,789.60|9,821,043.23|
|company|||

Chongqing Jianshe Vehicle System Co., Ltd. The First Quarterly Report 2018
||||
|-|-|-|
|Total comprehensive income|363,732.55||
|||107,472.17|
|attributable minority shareholders|||
|VIII. Earnings per share|||
|（I）Basic earnings per share|0.0005|0.0823|
|(II)Diluted earnings per share|0.0005|0.0823|

 The current business combination under common control, the net profits of the combined party before achieved ne t profit of RMB 0.00, last period the combined party realized RMB0.00.
Legal Representative:Lv Hongxian Person in charge ofaccounting：Fan Aijun Accounting Dept Leader:Niu Yanli
4. Income statement of the Parent Company
In RMB
||||
|-|-|-|
|Items|Amount in this period|Amount in last period|
|I. Income from the key business|190,420,519.34|181,721,524.33|
|Incl：Business cost|177,723,924.27|159,586,199.57|
|Business tax and surcharge|1,278,598.27|1,504,953.43|
|Sales expense|111,405.40||
|Administrative expense|7,327,784.02|12,815,364.11|
|Financial expenses|7,778,714.33|1,771,808.94|
|Asset impairment loss|||
|Add：Gains from change of fir value|||
|（“-”for loss）|||
|Investment gain（“-”for loss）|1,050,127.57|907,184.89|
|Incl: investment gains from affiliates|1,050,127.57|907,184.89|
|Assets disposal income|||
|Other income|||
|II. Operational profit（“-”for loss）|-2,749,779.38|6,950,383.17|
|Add ：Non-operational income|1,050.00|78,632.48|
|Less：Non business expenses|3,797.36|-409,962.61|
|III.Total profit(“-”for loss)|-2,752,526.74|7,438,978.26|
|Less：Income tax expenses|||
|IV. Net profit（“-”for net loss）|-2,752,526.74|7,438,978.26|
|1.Net continuing operating profit|||
|2.Termination of operating net profit|||
|V.Net of profit of other comprehensive i|||
|ncome|||

Chongqing Jianshe Vehicle System Co., Ltd. The First Quarterly Report 2018
||||
|-|-|-|
|（I）Other comprehensive income|||
|items that will not be reclassified into|||
|gains/losses in the subsequent|||
|accounting period|||
|1.Re-measurement of defined benefit pl|||
|ans of changes in net debt or net assets|||
|2.Other comprehensive income under th|||
|e equity method investee can not be recl|||
|assified into profit or loss.|||
|（ II ）|||
|Other comprehensive income that will b|||
|e reclassified into profit or loss.|||
|1.Other comprehensive income under th|||
|e equity method investee can be reclassi|||
|fied into profit or loss.|||
|2.Gains and losses from changes in fair|||
|value available for sale financial assets|||
|3.Held-to-maturity investments reclassif|||
|ied to gains and losses of available for s|||
|ale financial assets|||
|4.The effective portion of cash flow hed|||
|ges and losses|||
|5.Translation differences in currency fin|||
|ancial statements|||
|6.Other|||
|VI. Total comprehensive income|-2,752,526.74|7,438,978.26|
|VII. Earnings per share：|||
|（I）Basic earnings per share|-0.0231|0.0623|
|(II)Diluted earnings per share|-0.0231|0.0623|

 5. Consolidated Cash flow statement
In RMB
||||
|-|-|-|
|Items|Amount in this period|Amount in last period|
|I.Cash flows from operating activities|||
|Cash received from sales of goods orrending of services|||
||86,056,249.22|127,558,791.90|
|Net increase of customer deposits|||

Chongqing Jianshe Vehicle System Co., Ltd. The First Quarterly Report 2018
||||
|-|-|-|
|and capital kept for brother company|||
|Net increase of loans from central bank|||
|Net increase of inter-bank loans from|||
|other financial bodies|||
|Cash received against original|||
|insurance contract|||
|Net cash received from reinsurance|||
|business|||
|Net increase of client deposit and|||
|investment|||
|Net increase of trade financial asset|||
|disposal|||
|Cash received as interest, processing|||
|fee and commission|||
|Net increase of inter-bank fund|||
|received|||
|Net increase of repurchasing business|||
|Tax returned|3,812,000.49|3,291,705.88|
|Other cash received from business|||
||13,176,721.25|6,491,067.23|
|operation|||
|Sub-total of cash inflow|103,044,970.96|137,341,565.01|
|Cash paid for purchasing of|||
||38,031,605.78|59,533,481.83|
|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|17,590,863.16|11,422,753.83|
|Taxes paid|3,588,243.67|7,447,529.51|
|Other cash paid for business activities|25,128,200.25|16,260,265.05|
|Sub-total of cash outflow from|||
||84,338,912.86|94,664,030.22|
|business activities|||
|Cash flow generated by business|18,706,058.10|42,677,534.79|

Chongqing Jianshe Vehicle System Co., Ltd. The First Quarterly Report 2018
||||
|-|-|-|
|operation, net|||
|II.Cash flow generated by investing|||
|Cash received from investment|||
|retrieving|||
|Cash received as investment gains|3,500,000.00|4,000,000.00|
|Net cash retrieved from disposal of|||
|fixed assets, intangible assets, and|||
|other long-term assets|||
|Net cash received from disposal of|||
|subsidiaries or other operational units|||
|Other investment-related cash received|||
|Sub-total of cash inflow due to|||
||3,500,000.00|4,000,000.00|
|investment activities|||
|Cash paid for construction of|||
|fixed assets, intangible assets|936,730.00|3,837,995.02|
|and other long-term assets|||
|Cash paid as investment|||
|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|||
||936,730.00|3,837,995.02|
|investment activities|||
|Net cash flow generated by investment|2,563,270.00|162,004.98|
|III.Cash flow generated by financing|||
|Cash received as investment|||
|Incl: Cash received as investment from|||
|minor shareholders|||
|Cash received as loans|||
|Cash received from bond placing|||
|Other financing –related ash received|241,424,641.21|342,353,055.38|
|Sub-total of cash inflow from financing|||
||241,424,641.21|342,353,055.38|
|activities|||
|Cash to repay debts|99,388,791.66|21,500,000.00|
|Cash paid as dividend, profit, or|||
||12,536,981.63|13,080,620.12|
|interests|||

Chongqing Jianshe Vehicle System Co., Ltd. The First Quarterly Report 2018
||||
|-|-|-|
|Incl: Dividend and profit paid by|||
|subsidiaries to minor shareholders|||
|Other cash paid for financing activities|164,912,203.61|441,544,324.82|
|Sub-total of cash outflow due to|||
||276,837,976.90|476,124,944.94|
|financing activities|||
|Net cash flow generated by financing|-35,413,335.69|-133,771,889.56|
|IV. Influence of exchange rate|||
|alternation on cash and cash|||
|equivalents|||
|V.Net increase of cash and cash|||
||-14,144,007.59|-90,932,349.79|
|equivalents|||
|Add: balance of cash and cash|||
||126,225,466.46|273,768,758.46|
|equivalents at the beginning of term|||
|VI ..Balance of cash and cash|||
||112,081,458.87|182,836,408.67|
|equivalents at the end of term|||

6. Cash Flow Statement of the Parent Company
In RMB
||||
|-|-|-|
|Items|Amount in this period|Amount in last period|
|I.Cash flows from operating activities|||
|Cash received from sales of goods or|||
||21,371,401.99|50,449,315.09|
|rending of services|||
|Tax returned|||
|Other cash received from business|||
||1,213.70|4,699.98|
|operation|||
|Sub-total of cash inflow|21,372,615.69|50,454,015.07|
|Cash paid for purchasing of|||
||12,431,344.85|27,456,802.79|
|merchandise and services|||
|Cash paid to staffs or paid for staffs|8,081,354.30|2,720,485.61|
|Taxes paid|821,069.29|1,840,659.86|
|Other cash paid for business activities|1,222,828.82|1,603,012.50|
|Sub-total of cash outflow from|||
||22,556,597.26|33,620,960.76|
|business activities|||
|Cash flow generated by business|||
||-1,183,981.57|16,833,054.31|
|operation, net|||
|II.Cash flow generated by investing|||
|Cash received from investment|||

Chongqing Jianshe Vehicle System Co., Ltd. The First Quarterly Report 2018
||||
|-|-|-|
|retrieving|||
|Cash received as investment gains|3,500,000.00|4,000,000.00|
|Net cash retrieved from disposal of|||
|fixed assets, intangible assets, and|||
|other long-term assets|||
|Net cash received from disposal of|||
|subsidiaries or other operational units|||
|Other investment-related cash received|||
|Sub-total of cash inflow due to|||
||3,500,000.00|4,000,000.00|
|investment activities|||
|Cash paid for construction of|||
|fixed assets, intangible assets|249,600.00|40,000.00|
|and other long-term assets|||
|Cash paid as investment|||
|Net cash received from subsidiaries|||
|and other operational units|||
|Other cash paid for investment|||
|activities|||
|Sub-total of cash outflow due to|||
||249,600.00|40,000.00|
|investment activities|||
|Net cash flow generated by investment|3,250,400.00|3,960,000.00|
|III.Cash flow generated by financing|||
|Cash received as investment|||
|Cash received as loans|||
|Cash received from bond placing|||
|Other financing –related ash received|182,301,000.00|335,181,131.80|
|Sub-total of cash inflow from|||
||182,301,000.00|335,181,131.80|
|financing activities|||
|Cash to repay debts|||
|Cash paid as dividend, profit, or|||
||7,790,837.13|6,157,197.52|
|interests|||
|Other cash paid for financing activities|174,429,783.33|452,075,064.65|
|Sub-total of cash outflow due to|||
||182,220,620.46|458,232,262.17|
|financing activities|||
|Net cash flow generated by financing|80,379.54|-123,051,130.37|
|IV. Influence of exchange rate|||
|alternation on cash and cash|||

Chongqing Jianshe Vehicle System Co., Ltd. The First Quarterly Report 2018
||||
|-|-|-|
|equivalents|||
|V.Net increase of cash and cash|||
||2,146,797.97|-102,258,076.06|
|equivalents|||
|Add: balance of cash and cash|||
||93,728,199.64|247,582,579.15|
|equivalents at the beginning of term|||
|VI ..Balance of cash and cash|||
||95,874,997.61|145,324,503.09|
|equivalents at the end of term|||

II.Auditor’ report
Is the First Quarterly Report be audited?
□ Yes√No
The First Quarterly report is not audited.