TigerResearch/tigerbot-earning-plugin huggingface dataset:
The Company’s credit risk mainly comes from monetary assets and accounts receivable. To control the aforementioned relevant risks, the Company has adopted the following measures.
(1)Monetary assets
The Company places its monetary assets with financial institutions of high credit ratings. Thus, its credit risk is low.
(2)Accounts receivable
The Company conducts credit assessments on the customers trading in the mode of credit on a regular basis. Based on the credit assessment result, the Company chooses to trade with recognized customers with good credit and monitor the balance of the accounts receivable from them to ensure that the Company will not face any significant bad debt risk.
Due to the Company merely trades with the authorized third party with good credit, the guarantee is not required. Credit risk concentration is managed in accordance with the customers. As at 31 December 2022, there were certain credit concentration risks in the Company, and 54.09% of the accounts receivable of the Company (54.61% on 31 December 2021) came from the top 5 customers by balance. The Company hasn’t held any guarantee or other credit enhancement for balance of accounts receivable. The maximum credit risk exposure the Company undertook shall be the carrying value of each financial asset on balance sheet. iii. Liquidity risk
Liquidity risk refers to the risk of fund shortage occurring when the Company fulfills the settlement obligation in the mode of cash delivery or other financial assets. Liquidity risk may originate from the failure to sell financial assets at fair value as soon as possible; or from the other party’s failure to pay off its contractual debts; or from the earlier maturity of debts; or from the failure to generate the expected cash flow.
To control the risk, the Company comprehensively adopts bank loans as financing approach, appropriately combines long-term and short-term financing modes and optimizes the financing structure to maintain the balance between financing sustainability and flexibility. The Company has obtained the line of credit from a number of commercial banks to satisfy its operation fund needs and capital expenditure.
Item|| Amount at the end of this current period|||
| Carrying value|contract amount  Undiscounted| Within 1 year|1-3 years| Over 3 years
 Banking borrowings|3,618,782,344.00|3,998,835,011.38|190,669,039.72|3,648,297,102.30|159,868,869.36
 Accounts payable|608,283,388.52|608,283,388.52|608,283,388.52||
 Other payables|1,515,085,832.45|1,515,085,832.45|1,502,883,156.41||12,202,676.04
 Current portion of other non-current liabilities|196,645,408.45|196,645,408.45|196,645,408.45||
 Total|5,938,796,973.42|6,318,849,640.80|2,498,480,993.10|3,648,297,102.30|172,071,545.40
Item|| Amount at the beginning of this current period|||
| Carrying value|contract amount  Undiscounted| Within 1 year|1-3 years| Over 3 years
 Banking borrowings|3,524,500,000.00|4,196,417,741.29|186,248,876.28|3,603,862,408.90|406,306,456.11
 Accounts payable|351,894,812.23|351,894,812.23|351,894,812.23||
 Other payables|1,027,622,090.94|1,027,622,090.94|1,010,079,414.96||17,542,675.98
 Current portion of other non-current liabilities|68,984,050.47|68,984,050.47|68,984,050.47||
 Total|4,973,000,953.64|5,644,918,694.93|1,617,207,153.94|3,603,862,408.90|423,849,132.09
iv.Market risk
Market risk refers to the risk of fluctuations in the fair value or future cash flows of financial instruments arising from changes in market prices.Market risk mainly includes interest rate risk and foreign exchange risk.
1. Interest rate risk
Interest rate risk refers to the risk of fluctuations in the fair value or future cash flows of financial instruments arising from changes in market interest rates. Interest-bearing financial instruments with fixed interest rates may bring the fair value interest rate risk to the Company, while those with floating interest rate may bring the cash flow interest rate risk to the Company. The Company will determine the proportion between the financial instruments with fixed interest rate and those with floating interest rate in combination with market environment, and maintain an appropriate portfolio of financial instruments through regular review and monitoring. The interest rate risk of cash flows facing the Company is mainly related to the bank loans calculated by floating interest rate of the Company.
As at 31 December 2022, under the assumption of other fixed variables with 50 basis points changed in interest rate, the bank loan of RMB3,809,915,668.00 (RMB3,587,800,000.00 on 31 December 2021) calculated at floating rate would not result in significant influence on total profit and shareholders’equity of the Company.
2. Foreign exchange risk
Foreign exchange risk refers to the risk that may lead to the changes of fair value of financial instruments or future cash flows due to fluctuation in exchange rate. The risk of changes of exchange rate facing the Company is mainly related to foreign currency monetary assets and liabilities of the Company. The Company operates in mainland China, and the main activities are recorded by RMB. Thus, the foreign exchange market risk undertaken is insignificant for the Company.
XI. Disclosure of Fair Value
1. Ending Fair Value ofAssets and Liabilities at Fair Value
|| Closing fair value||
 Item| Fair value measurement items at level 1| Fair value measurement items at level 2| Fair value measurement items at level 3|
 I. Consistent Fair Value Measurement|||| Total
|--|--|--|--
(III) Other equity instrument investment|887,838.64|||887,838.64
 The total amount of assets consistently measured at fair value|887,838.64|||887,838.64
 II. Inconsistent Fair Value Measurement|--|--|--|--
2. Basis for Determining the Market Price of Continuous and Non-continuous Level 1 Fair Value Measurement Items
The other equity instrument held by the Company was shares of listed companies whose fair value was determined based on the closing price on the stock exchange as of 30 December 2022.
3. Continuous and Non-continuous Level 2 Fair Value Measurement Items, Valuation Techniques Used, and The Qualitative and Quantitative Information of Important Parameters
4. Continuous and Non-continuous Level 3 Fair Value Measurement Items, Valuation Techniques Used, and The Qualitative and Quantitative Information of Important Parameters
5. Continuous and Non-continuous Level 3 Fair Value Measurement Items, Information On The Adjustment Between The Opening and Closing Carrying Value, and Sensitivity Analysis of Unobservable Parameters
6. Explain the Reason for Conversion and the Governing Policy when the Conversion Happens if Conversion Happens among Consistent Fair ValueMeasurement Items at Different Levels
7. Changes in the Valuation Technique in the Current Period and the Reason for Such Changes
8. The Fair Value of Financial Assets and Financial Liabilities notMeasured at Fair Value
9. Others
XII. Related Party and Related-party Transactions
Name of the Company as the parent  Proportion of voting rights|||| Proportion of share held by the
 Company as the owned by the| Place of registration| Business nature| Registered capital|parent against the  Company as the
 Shenzhen Investment Holdings Co., Ltd. parent against the  Company (%)| Shenzhen| Limited liability company (solely-| RMB30,009 million| Company (%)
56.96%||owned by the state)||56.96%
Notes: Information on the Company as the parent
(1) The parent company of the Company is Shenzhen Investment Holdings Co., Ltd. (hereinafter referred to as “SIHC”), a newly- established and organized state-owned capital investment company based on the original three state-owned assets management companies in October 2004, and its main function is to manage the partial municipal state-owned companies according to the authorization of Municipal SASAC. As a government department, Shenzhen State-owned Assets Supervision and Administration Bureau manages Shenzhen Investment Holdings Co., Ltd. on behalf of People’s Government of ShenzhenMunicipality.
(2) During the Reporting Period, SIHC, the controlling shareholder of the Company, transferred 38,037,890 ordinary shares of the Company in unlimited circulation (representing 6.382% of the total share capital of the Company) held by SIHC to Shenzhen State-owned Equity Management Co., Ltd. for free to replenish the social security funds. Shenzhen State-owned Equity Management Co., Ltd. is a newly established wholly-owned subsidiary of SIHC to manage the transferred state-owned equity in a special account. After the registration of the free transfer, SIHC held 301,414,637 shares of the Company, accounting for 50.575% of the total share capital of the Company, and Shenzhen State-owned Equity Management Co., Ltd. held 38,037,890 shares of the Company, accounting for 6.382% of the total share capital of the Company.
The final controller of the Company is Shenzhen State-owned Assets Supervision and Administration Committee of Shenzhen Government.
2. Subsidiaries of the Company
Refer to Note IX-1.
3. Information on the Joint Ventures andAssociated Enterprises of the Company
Refer to Note IX-3.
Information on other joint venture or associated enterprise of occurring related-party transactions with the Company in Current Period, or forming balance due to related-party transactions made in previous period:
Name Relationship with the Company
Name of other related party  Relationship with the Company
 Shenzhen Xinhai Holding Co., Ltd.  The Company as the parent of Xinhai Rongyao of subsidiary  Rongyao Real Estate by non-controlling interests
 Shenzhen Xinhai Rongyao Real Estate Development Co., Ltd.  Subsidiary Rongyao Real Estate by non-controlling interests
 Yangzhou Lvfa Real Estate Co., Ltd.  SubsidiaryYangzhouWuhe by non-controlling interests
 ShenzhenWufang Ceramics Industrial Co., Ltd.  Associated enterprise of the Company
 Shenzhen Real Estate JifaWarehousing Co., Ltd.  Joint venture of the Company
 Tian’an International Building PropertyManagement Company of Shenzhen  Joint venture of the Company
Shenzhen Shenfubao (Group) Co., Ltd.  Wholly-owned subsidiary of the Company as the parent of the  Company
 Shenzhen Xiangmihu International Exchange Center Development Co., Ltd.  Wholly-owned subsidiary of the Company as the parent of the Company
 Shenzhen BayArea Urban Construction and Development Co., Ltd.  Wholly-owned subsidiary of the Company as the parent of the Company
 Shenzhen Environmental Protection Technology Group Co., Ltd.  Subsidiary of the Company as the parent of the Company
 Shenzhen Shenzhen Hong Kong Science and Technology Innovation Cooperation Zone Development Co., Ltd.  Subsidiary of the Company as the parent of the Company
 Shenzhen Bay Technology Development Co., Ltd.  Wholly-owned subsidiary of the Company as the parent of the  Company
 Shenzhen Guarantee Group Co., Ltd.  Subsidiary of the Company as the parent of the Company
Shenzhen Infinova Limited  Subsidiary of the Company as the parent of the Company
 Shenzhen Convention & Exhibition CenterManagement Co., Ltd.  Wholly-owned subsidiary of the Company as the parent of the Company
 Shenzhen Sports Center OperationManagement Co., Ltd.  Wholly-owned subsidiary of the Company as the parent of the  Company
 China Shenzhen Foreign Trade (Group) Corp. Ltd.  Wholly-owned subsidiary of the Company as the parent of the  Company
 ShenZhen Special Economic Zone Real Estate & Properties(Group) Co., Ltd. and its consolidated subsidiaries, except where the context otherwise requires  Subsidiary of the Company as the parent of the Company
 GUOREN PROPERTYAND CASUALTY INSURANCE CO., LTD.  Subsidiary of the Company as the parent of the Company
 Guosen Securities Co., Ltd.  Subsidiary of the Company as the parent of the Company
Shenzhen Shentou Property Development Co., Ltd.  Wholly-owned subsidiary of the Company as the parent of the  Company
 Shenzhen General Institute ofArchitectural Design and Research Co., Ltd.  Wholly-owned subsidiary of the Company as the parent of the Company
 ShenzhenWater Planning and Design Institute Co., Ltd.  Subsidiary of the Company as the parent of the Company
 Shenzhen Large Industrial Zone (Shenzhen Export Processing Zone) DevelopmentManagement Group Co., Ltd.  Wholly-owned sub-subsidiary of the Company as the parent of the Company
 Shenzhen Urban ConstructionMingyuan Industrial Co., Ltd.  Parent company’s grandson company
 Shenzhen Fubao Industrial Park Operation Co., Ltd.  Wholly-owned sub-subsidiary of the Company as the parent of the Company
 Shenzhen Shenfubao Eastern Investment Development Co., Ltd.  Wholly-owned sub-subsidiary of the Company as the parent of the Company
Shenzhen Shenfubao (Group) Tianjin Industrial Development  Wholly-owned sub-subsidiary of the Company as the parent of
Co., Ltd. the Company
 Shenzhen BayArea International Hotel Co., Ltd.  Wholly-owned sub-subsidiary of the Company as the parent of the Company
 Shenzhen SME Venture Capital Co., Ltd.  Wholly-owned sub-subsidiary of the Company as the parent of the Company
 Shenzhen Hi-tech Zone Development Construction Co., Ltd.  Wholly-owned sub-subsidiary of the Company as the parent of the Company
 Shenzhen Bay (Baoding) Innovation Development Co., Ltd.  Wholly-owned sub-subsidiary of the Company as the parent of the Company
 Shenzhen Shenyue United Investment Co., Ltd.  Wholly-owned sub-subsidiary of the Company as the parent of the Company
 Shenzhen Shenfubao (Group) Tianjin Investment Development Co., Ltd.  Wholly-owned sub-subsidiary of the Company as the parent of the Company
Shenzhen Shantou Special Cooperation Zone Branch of ShenzhenWater Planning and Design Institute Co., Ltd.  Wholly-owned sub-subsidiary of the Company as the parent of the Company
 Shenzhen Infinova Smart Park Technology Co., Ltd.  Wholly-owned sub-subsidiary of the Company as the parent of the Company
 ShenzhenMeibainian Garment Co., Ltd.  Wholly-owned sub-subsidiary of the Company as the parent of the Company
 Shenzhen Tianjun Industrial Co., Ltd.  Parent company’s grandson company
 Shenzhen Shendan Credit Enhancement Financing Guarantee Co., Ltd.  Parent company’s grandson company
 Shenzhen Foreign Service Group Co., Ltd.  Wholly-owned sub-subsidiary of the Company as the parent of the Company
 Shenzhen Free Trade Zone Life Service Co., Ltd.  Parent company’s grandson company
Hebei Shenbao Investment Development Co., Ltd.  Parent company’s grandson company
 Shenzhen BayWanli Hotel Branch of ShenzhenWuzhou Hotel Management Co., Ltd.  Wholly-owned sub-subsidiary of the Company as the parent of the Company
 Shenzhen BayWanyi Hotel Branch of ShenzhenWuzhou Hotel Management Co., Ltd.  Wholly-owned sub-subsidiary of the Company as the parent of the Company
 Shenzhen Infinova Renyong Information Co., Ltd.  Wholly-owned sub-subsidiary of the Company as the parent of the Company
 Shenzhen Total Logistics Service Co., Ltd.  Parent company’s grandson company
 Shenzhen SDG Service Co., Ltd.  Parent company’s grandson company
 ShenzhenWancheng Logistics Co., Ltd.  Parent company’s grandson company
Research Institute of Tsinghua University in Shenzhen  Parent company’s subsidiary
5. List of Related-party Transactions
(1) Information onAcquisition of Goods and Reception of Labor Service
Information on acquisition of goods and reception of labor service
Related parties| Content of the related-party transaction| Amount for the current period| The approval trade credit| Whether exceed trade credit or not| Amount for the previous period
 Shenzhen Bay Technology Development Co., Ltd.| Management service fee|86,518,273.32|81,000,000.00| Yes|79,121,747.44
 Shenzhen Tianjun Industrial Co., Ltd.| Demolition compensation|27,000,000.00|27,000,000.00| No|
 Shenzhen Foreign| Outsourcing|9,312,805.11|-| Yes|
Service Group Co., Ltd.|service charges||||
 Shenzhen General Institute of Architectural Design and Research Co., Ltd.| Project architectural design service|8,161,599.83|-| Yes|4,160,439.35
 ShenZhen Special Economic Zone Real Estate & Properties (Group) Co., Ltd. and its consolidated subsidiaries, except where the context otherwise requires| Management service fee|4,026,979.11|-| Yes|3,930,479.73
 GUOREN PROPERTYAND CASUALTY INSURANCE CO., LTD.| Insurance|3,296,379.71|2,178,700.00| Yes|1,726,868.41
 Shenzhen Shendan Credit Enhancement Financing Guarantee Co., Ltd.| Guarantee ree|793,950.00|-| Yes|
 Shenzhen SDG Service Co., Ltd.| Property service fee|465,715.62|-| Yes|244,679.11
 Shenzhen Meibainian Garment Co., Ltd.| Apparel procurement|402,743.64|-| Yes|
Shenzhen Shenfubao (Group) Co., Ltd.| Catering services|210,975.00|-| Yes|188,791.00
 ShenzhenWater Planning and Design Institute Co., Ltd.| Consultant service expense|113,320.00|-| Yes|
 Shenzhen Guarantee Group Co., Ltd.| Guarantee ree|26,548.11|-| Yes|
 Shenzhen Infinova Limited| Intelligent engineering||-| No|816,303.96
Information of sales of goods and provision of labor service
Related parties  Content of the related-party transaction| Amount for the current period| Amount for the previous period
 Guoren Property and Casualty Insurance Co., Ltd.  Property service fee|365,485.39|261,696.11
 Guosen Securities Co., Ltd.  Property service fee||1,188,060.37
 Hebei Shenbao Investment Development Co., Ltd.  Project payment|20,874,664.05|10,793,087.64
 Hebei Shenbao Investment Development Co., Ltd.  Property service fee|10,585,122.24|6,826,046.08
 Shenzhen Shenyue United Investment Co., Ltd.  Property service fee|2,429,042.80|4,426,434.93
 Shenzhen Guarantee Group Co., Ltd.  Property service fee|4,347,773.48|1,641,330.00
Shenzhen Hi-tech Zone Development Construction Co., Ltd.  Property service fee|1,844,495.70|1,592,696.30
 Shenzhen Convention & Exhibition Center Management Co., Ltd.  Property service fee|6,587,040.80|1,778,221.08
 ShenZhen Special Economic Zone Real Estate & Properties (Group) Co., Ltd. and its consolidated subsidiaries, except where the context otherwise requires  Property service fee|12,696,424.71|10,377,456.79
 Shenzhen Total Logistics Service Co., Ltd.  Property service fee|2,500,524.01|669,875.70
 Shenzhen Shenzhen Hong Kong Science and Technology Innovation Cooperation Zone Development Co., Ltd.  Property service fee|1,707,998.32|431,567.61
 Shenzhen Shenzhen Hong Kong Science and Technology Innovation Cooperation Zone Development Co., Ltd.  Supervision service fee||96,688.44
 Shenzhen Urban ConstructionMingyuan Industrial Co., Ltd.  Project payment|564,220.20|
Shenzhen Large Industrial Zone (Shenzhen Export Processing Zone) Development Management Group Co., Ltd.  Project payment|4,124,594.71|5,821,041.28
 Shenzhen Large Industrial Zone (Shenzhen Export Processing Zone) Development Management Group Co., Ltd.  Property service fee|81,796.64|137,559.84
 Shenzhen Fubao Industrial Park Operation Co., Ltd.  Project payment|255,834.10|852,453.80
 Shenzhen Fubao Industrial Park Operation Co., Ltd.  Property service fee|98,543.56|119,081.39
 Shenzhen Environmental Protection Technology Group Co., Ltd.  Project payment|212,270.67|737,860.57
 Shenzhen Environmental Protection Technology Group Co., Ltd.  Property service fee|6,269,868.04|5,575,777.64
 Shenzhen Shenfubao (Group) Tianjin Industrial Development Co., Ltd.  Project payment||201,939.74
Shenzhen Shenfubao (Group) Tianjin Industrial Development Co., Ltd.  Property service fee|1,095,907.44|1,823,813.14
 Shenzhen Shenfubao (Group) Tianjin Investment Development Co., Ltd.  Property service fee|8,068,487.11|8,678,718.12
 Shenzhen Shenfubao (Group) Co., Ltd.  Project payment|1,330,275.23|
 Shenzhen Shenfubao (Group) Co., Ltd.  Property service fee|4,785,217.03|4,760,067.50
 Shenzhen Shenfubao (Group) Co., Ltd.  Funding occupancy expense|-233,337.05|1,053,272.32
 Shenzhen Shenfubao Eastern Investment Development Co., Ltd.  Project payment|67,252.15|380,733.95
 Shenzhen Shenfubao Eastern Investment Development Co., Ltd.  Property service fee|170,701.27|635,082.10
Shenzhen Shantou Special Cooperation Zone Branch of ShenzhenWater Planning and Design Institute Co., Ltd.  Property service fee|22,050.00|
 Shenzhen Sports Center Operation Management Co., Ltd.  Property service fee|687,914.48|
 Shenzhen Investment Holdings Co., Ltd.  Project payment|7,209,951.08|1,267,596.34
 Shenzhen Investment Holdings Co., Ltd.  Service expense|1,886,792.46|1,980,443.98
 Shenzhen Investment Holdings Co., Ltd.  Funding|174,206.14|905,992.47
occupancy expense||
 Shenzhen Investment Holdings Co., Ltd.  Property service fee|7,584,483.75|
 Shenzhen BayArea International Hotel Co., Ltd.  Property service fee|75,100,961.12|
 Shenzhen BayWanli Hotel Branch of ShenzhenWuzhou HotelManagement Co., Ltd.  Property service fee|360,707.44|298,892.38
 Shenzhen BayWanyi Hotel Branch of ShenzhenWuzhou HotelManagement Co., Ltd.  Property service fee|235,915.67|201,669.81
 Shenzhen SME Venture Capital Co., Ltd.  Property service fee|872,990.19|1,347,253.40
 Shenzhen Bay (Baoding) Innovation Development Co., Ltd.  Property service fee|354,142.48|202,133.32
Shenzhen Bay Technology Development Co., Ltd.  Property service fee|54,562,406.82|56,337,675.04
 Shenzhen Bay Technology Development Co., Ltd.  Consultant service expense||541,666.98
 Shenzhen BayArea Urban Construction and Development Co., Ltd.  Project payment|686,767.33|744,795.72
 Shenzhen BayArea Urban Construction and Development Co., Ltd.  Property service fee|2,977,659.03|2,515,433.40
 Shenzhen Xiangmihu International Exchange Center Development Co., Ltd.  Project payment|1,419,537.05|67,434.49
 Shenzhen Xiangmihu International Exchange Center Development Co., Ltd.  Property service fee|2,423,260.33|
 Shenzhen Infinova Limited  Property service fee|289,916.74|286,508.61
Shenzhen Infinova Smart Park Technology Co., Ltd.  Consultant service expense|512,000.00|
 China Shenzhen Foreign Trade (Group) Corp. Ltd.  Property service fee|2,763,006.30|1,804,718.93
 China Shenzhen Foreign Trade (Group) Corp. Ltd.  Supervision service fee|618,867.93|
 Shenzhen Tsinghua University Research Institute  Property service fee|351,203.22|285,775.44
Notes to acquisition of goods and reception of labor service
(2) Information on Related-party Trusteeship/Contract
Lists of trusteeship/contract of the Company:
Name of the entruster/contract ee| Name of the entrustee/ contractor| Type| Start date| Due date| Pricing basis| Income recognized in
||||||this current period
 Shenzhen Shentou Property Development Co., Ltd.| ShenZhen Properties & Resources| Investmen t properties|6 November 2019|5 November 2025| Market pricing|
| Development (Group) Ltd.|||||44,057,444.98
 Shenzhen Shenfubao(Group) Co., Ltd.| Shenzhen Shenfubao Property| Real Estate, engineerin|1 January 2021|31 December 2022| Market pricing|1,476,804.42
Development Co., Ltd.|g||||
 Shenzhen Fubao Industrial Park Operation Co., Ltd.  Shenzhen Shenfubao Property| Property maintenan ce project|1 January 2021|31 December 2022| Market pricing|142,317.25
 Development  Co., Ltd.|||||
 Shenzhen  Shenzhen Free|||||
 Shenfubao (Group) Co., Ltd.  Trade Zone  Security Service  Co., Ltd.| Property|1 January 2021|31 December 2022| Market pricing|853,210.46
 Shenzhen Shenfubao(Group) Co., Ltd.  Shenzhen Shenfubao Hydropower Municipal Service Co., Ltd.| Property|1 January 2021|31 December 2022| Market pricing|1,238,467.02
Lists of entrust/contractee
Name of the entruster/contra ctee| Name of the entrustee/ contractor| Type| Start date| Due date| Pricing basis| Charge recognized in
||||||this current period
(3) Information on Related-party Lease
The Company was lessor:
Name of lessee| Category of leased assets| The lease income confirmed in the current period| The lease income confirmed in the previous period
 Shenzhen BayWanyi Hotel Branch of ShenzhenWuzhou HotelManagement Co., Ltd.| Investment properties|1,369,729.39|504,175.20
 Shenzhen BayWanli Hotel Branch of ShenzhenWuzhou HotelManagement Co., Ltd.| Investment properties|1,891,531.05|616,214.13
The Company was lessee: