CSG HOLDING CO., LTD.
THE THIRD QUARTER REPORT 2024
Chairman of the Board:
CHEN LIN
October 2024
Stock code: 000012; 200012 Short form of the stock: CSG A; CSG B Notice No.: 2024-026
CSG HOLDING CO., LTD.THE THIRD QUARTER REPORT 2024The Company and all members of the Board of Directors guarantee that the information disclosed is true,accurate and complete, and there are no any fictitious statements, misleading statements, or important omissionscarried in this report.Important Content Notice：
1. Board of Directors and the Supervisory Committee of CSG Holding Co., Ltd. (hereinafter referred to as theCompany) and its directors, supervisors and senior executives hereby confirm that there are no any fictitiousstatements, misleading statements, or important omissions carried in this report, and shall take allresponsibilities, individual and/or joint, for the facticity, accuracy and completeness of the whole contents.
2. Principal of the Company, responsible person in charge of accounting and principal of the financialdepartment (accounting officer) confirm that the Financial Report enclosed in the Third Quarter Report of 2024of the Company is true, accurate and complete.
3. Whether the third quarter report has been audited or not
□Yes √No
This report is prepared both in Chinese and English. Should there be any inconsistency between the Chinese andEnglish versions, the Chinese version shall prevail.I. Main financial data
(I) Main accounting data and financial indices
Whether retrospective adjustment has been carried out on financial reports of previous periods or not
□Yes √No
| The report period | Increase/decrease in comparison with the same period of the previous year | From 1 January to 30 September 2024 | Increase/decrease in comparison with the same period of 2023 | |
| Operating income (RMB) | 3,757,912,090 | -26.18% | 11,836,882,741 | -12.19% |
| Net profit attributable to shareholders of the listed company (RMB) | 53,338,172 | -90.76% | 786,449,734 | -46.38% |
| Net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses (RMB) | 28,003,017 | -94.80% | 700,904,209 | -49.07% |
| Net cash flow arising from operating activities (RMB) | — | — | 1,352,827,714 | -16.71% |
| Basic earnings per share (RMB/Share) | 0.02 | -89.47% | 0.26 | -45.83% |
| Diluted earnings per share (RMB/Share) | 0.02 | -89.47% | 0.26 | -45.83% |
| Weighted average ROE | 0.51% | -3.67% | 5.59% | -5.39% |
| The end of the report period | The end of the previous year | Increase/decrease in comparison with the end of the previous year | ||
| Total assets (RMB ) | 31,909,612,693 | 30,362,057,312 | 5.10% | |
| Net assets attributable to shareholders of the Company (RMB ) | 14,070,966,644 | 14,050,840,217 | 0.14% | |
(II)Items and amounts of non-recurring gains and losses
√Applicable □Not applicable
Unit: RMB
| Item | The report period | Amount from the beginning of year to the end of the report period | Note |
| Gains/losses from the disposal of non-current asset (including the write-off that accrued for impairment of assets) | 63,209 | 4,265,283 | |
| Governmental subsidy reckoned into current gains/losses (not including the subsidy enjoyed in quota or ration according to national standards, which are closely relevant to enterprise’s business) | 31,056,005 | 89,573,362 | |
| In addition to the effective hedging business related to the normal operation of the company, the profit or loss of fair value changes arising from the holding of financial assets and financial liabilities by non-financial enterprises and the loss or gain arising from the disposal of financial assets and financial liabilities and available for sale financial assets | 924,109 | ||
| Reversal of provision for impairment of receivables that have been individually tested for impairment | 360,420 | 7,180,199 | |
| Profit and loss from debt restructuring | 2,665,583 | 3,234,725 | |
| Other non-operating income and expenditure except for the aforementioned items | -3,734,323 | -1,986,024 | |
| Less: Impact on income tax | 4,681,173 | 15,739,281 | |
| Impact on minority shareholders’ equity (post-tax) | 394,566 | 1,906,848 | |
| Total | 25,335,155 | 85,545,525 | -- |
Particulars about other gains and losses that meet the definition of non-recurring gains and losses:
□ Applicable √ Not applicable
It did not exist that other profit and loss items met the definition of non-recurring gains and losses.Explanation of the non-recurring gains and losses listed in the Explanatory Announcement No.1 on Information Disclosure forCompanies Offering their Securities to the Public - Non-recurring Gains and Losses as recurring gains and losses
□ Applicable √ Not applicable
It did not exist that non-recurring profit and loss items listed in the Explanatory Announcement No. 1 on Information Disclosure ofCompanies Offering Securities to the Public - Non-recurring Profit and Loss were defined as recurring profit and loss items in thereport period.
(III) Particulars and explanations about significant changes in main accounting data and financial indices
√Applicable □Not applicable
The Group's major accounting statement items, financial indicators changes and reasons
Unit: RMB
| Item of balance sheet | Note | 30 September 2024 | 1 January 2024 | Rate of increase/decrease |
| Financing of receivables | (1) | 692,651,276 | 529,945,623 | 31% |
| Non-current assets due within one year | (2) | 84,191,224 | -100% | |
| Deferred tax assets | (3) | 307,901,950 | 223,025,031 | 38% |
| Other non-current assets | (4) | 177,227,728 | 396,600,354 | -55% |
| Short-term loan | (5) | 645,705,148 | 436,853,583 | 48% |
| Other payables | (6) | 341,154,337 | 484,741,877 | -30% |
| Non-current liabilities due within one year | (7) | 1,713,098,203 | 1,248,891,979 | 37% |
| Other current liabilities | (8) | 280,696,087 | 454,332,686 | -38% |
| Long-term payables | (9) | 455,894,376 | 88,204,163 | 417% |
| Special reserves | (10) | 3,347,163 | 1,411,139 | 137% |
| Item of income statement | Note | From January to September 2024 | From January to September 2023 | Rate of increase/decrease |
| Other income | (11) | 163,689,941 | 89,046,515 | 84% |
| Investment income | (12) | -3,501,978 | -6,890,163 | -49% |
| Asset impairment losses | (13) | -73,432,355 | -84,232 | 87079% |
| Credit impairment losses | (14) | 9,214,780 | -18,898,917 | -- |
| Asset disposal income | (15) | 4,265,283 | 76,520 | 5474% |
| Non-operating income | (16) | 6,367,897 | 13,420,148 | -53% |
| Non-operating expenses | (17) | 8,353,921 | 1,048,888 | 696% |
| Income tax expense | (18) | 32,944,644 | 112,486,716 | -71% |
| Net amount of other comprehensive income after tax | (19) | -586,304 | 9,139,505 | -106% |
Note:
(1) The increase in receivables financing was mainly due to a decrease in bank acceptance bills used as collateral for issuing bills.
(2) The decrease of non-current assets due within one year is mainly due to the maturity of certificates of deposit purchased earlier.
(3) The increase in deferred tax assets was mainly due to the decrease in profits of some subsidiaries.
(4) The decrease in other non-current assets was mainly due to the decrease in prepayment for construction equipment.
(5) The increase in short-term borrowings was mainly due to the increase in borrowings of some subsidiaries.
(6) The decrease in other payables was mainly due to the return of deposits and deposits.
(7) The increase in non-current liabilities due within one year was mainly due to the increase in long-term borrowings due withinone year.
(8) The decrease in other current liabilities was primarily due to the reclassification of supply chain finance instruments to notespayable.
(9) The increase in long-term payables was mainly due to the increase in the financial leasing business of some subsidiaries.
(10) The increase in special reserves was mainly due to the provision of special reserves.
(11) The increase in other income was mainly due to an increase in tax benefits such as the value-added tax deduction.
(12) The change in investment income was mainly due to the increase in debt restructuring gains.
(13) The increase in asset impairment loss was mainly caused by the small amount in the previous period and the provision forinventory depreciation of some subsidiaries.
(14) The change in credit impairment loss was mainly due to the decrease in accounts receivable and the recovery of part of thespecial bad debt reserve.
(15) The increase in income from asset disposal was mainly due to the increase in income from the disposal of non-current assetsof some subsidiaries and the smaller amount in the previous period.
(16) The decrease in non-operating income was mainly due to changes such as unpayable payments.
(17) The increase in non-operating expenses was mainly due to changes in the disposal of non-current assets by some subsidiaries.
(18) The decrease in income tax expense was mainly due to the decrease in the total profit of some subsidiaries.
(19) The change in net other comprehensive income after tax is mainly due to the change in the translation difference of theforeign currency statements.
II. Shareholder information(I) Particulars about the total number of common shareholders and preference shareholders with votingrights recovered as well as the shareholdings of the top ten shareholders
Unit: Share
| Total number of common shareholders at the end of the report period | 143,177 | Total number of preference shareholders with voting rights recovered at end of report period (if applicable) | 0 | |||
| Particulars about the shareholdings of the top ten shareholders（Excluding shares lent through refinancing） | ||||||
| Name of shareholder | Nature of shareholder | Proportion of shares held (%) | Amount of shares held | Amount of restricted shares held | Number of share pledged, marked or frozen | |
| Share status | Amount | |||||
| Foresea Life Insurance Co., Ltd. – HailiNiannian | Domestic non state-owned legal person | 15.19% | 466,386,874 | 0 | ||
| # Shenzhen Sigma C&T Co., Ltd. | Domestic non state-owned legal person | 3.92% | 120,385,406 | 0 | ||
| Foresea Life Insurance Co., Ltd. – Universal Insurance Products | Domestic non state-owned legal person | 3.86% | 118,425,007 | 0 | ||
| Foresea Life Insurance Co., Ltd. – Own Fund | Domestic non state-owned legal person | 2.11% | 64,765,161 | 0 | ||
| China Galaxy International Securities (Hong Kong) Co., Limited | Foreign legal person | 1.34% | 41,034,578 | 0 | ||
| Hong Kong Securities Clearing Co., Ltd. | Foreign legal person | 0.96% | 29,353,250 | 0 | ||
| Zhongshan Runtian Investment Co., Ltd. | Domestic non state-owned legal person | 0.62% | 18,983,447 | 0 | Pledged | 18,980,000 |
| Frozen | 18,983,447 | |||||
| China Merchants Securities (Hong Kong) Limited | Foreign legal person | 0.60% | 18,335,611 | 0 | ||
| VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUND | Foreign legal person | 0.57% | 17,537,213 | 0 | |||||
| VANGUARD EMERGING MARKETS STOCK INDEX FUND | Foreign legal person | 0.56% | 17,102,195 | 0 | |||||
| Particular about top ten shareholders with un-restricted shares held （Excluding shares lent through refinancing and executive lock-in shares） | |||||||||
| Name of shareholder | Amount of unrestricted shares held | Type of shares | |||||||
| Type | Amount | ||||||||
| Foresea Life Insurance Co., Ltd. – HailiNiannian | 466,386,874 | RMB ordinary shares | 466,386,874 | ||||||
| # Shenzhen Sigma C&T Co., Ltd. | 120,385,406 | RMB ordinary shares | 120,385,406 | ||||||
| Foresea Life Insurance Co., Ltd. – Universal Insurance Products | 118,425,007 | RMB ordinary shares | 118,425,007 | ||||||
| Foresea Life Insurance Co., Ltd. – Own Fund | 64,765,161 | RMB ordinary shares | 64,765,161 | ||||||
| China Galaxy International Securities (Hong Kong) Co., Limited | 41,034,578 | Domestically listed foreign shares | 41,034,578 | ||||||
| Hong Kong Securities Clearing Co., Ltd. | 29,353,250 | RMB ordinary shares | 29,353,250 | ||||||
| Zhongshan Runtian Investment Co., Ltd. | 18,983,447 | RMB ordinary shares | 18,983,447 | ||||||
| China Merchants Securities (Hong Kong) Limited | 18,335,611 | Domestically listed foreign shares | 18,335,611 | ||||||
| VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUND | 17,537,213 | Domestically listed foreign shares | 17,537,213 | ||||||
| VANGUARD EMERGING MARKETS STOCK INDEX FUND | 17,102,195 | Domestically listed foreign shares | 17,102,195 | ||||||
| Statement on associated relationship or consistent action among the above shareholders: | As of the end of the report period, among shareholders as listed above, Foresea Life Insurance Co., Ltd.-HailiNiannian, Foresea Life Insurance Co., Ltd.-Universal Insurance Products, Foresea Life Insurance Co., Ltd.-Own Fund are all held by Foresea Life Insurance Co., Ltd. Shenzhen Jushenghua Co., Ltd., which holds 51% equity of Foresea Life Insurance Co., Ltd., holds 100% equity of Zhongshan Runtian Investment Co.,Ltd and Chengtai Group Co. Ltd., through Shenzhen Hualitong Investment Co., Ltd. Chengtai Group Co., Ltd. holds 40,187,904 shares through China Galaxy International Securities (Hong Kong) Co., Limited. | ||||||||
| Description of the top 10 shareholders participating in margin trading (if applicable) | As of the end of the report period, shareholder Shenzhen Sigma C&T Co., Ltd. holds 0 shares of the Company through an ordinary account, and 120,385,406 shares of the Company through the customer credit transaction guarantee securities account of Huatai Securities Co., Ltd., totaling 120,385,406 shares of the Company. | ||||||||
Special note: On July 11, 2022, at the Company's Second Extraordinary General Meeting in 2022, Foresea Life Insurance Co., Ltd.voted in favor of all proposals, and Zhongshan Runtian Investment Co., Ltd. voted against all proposals, Chengtai Group Co., Ltd.voted against all the proposals with the shares held by China Galaxy International Securities (Hong Kong) Co., Limited; on August3, 2022, at the Company's Third Extraordinary General Meeting in 2022, Foresea Life Insurance Co., Ltd. voted in favor of allproposals, and Zhongshan Runtian Investment Co., Ltd. voted against all proposals.Shareholders holding more than 5%, the top 10 shareholders and the top 10 shareholders of unlimited tradable shares participate inthe refinancing business to lend shares
□ Applicable √ Not applicable
The top 10 shareholders and the top 10 shareholders of unlimited outstanding shares have changed from the previous period due torefinancing lending/restitution reasons
□ Applicable √ Not applicable
(II) Total number of preference shareholders and particulars about the shareholdings of the top tenpreference shareholders
□Applicable √Not applicable
III. Other important matters
√Applicable □ Not applicable
1. Ultra-short-term financing bills
On May 16, 2022, the Company's 2021 Annual General Meeting reviewed and approved the "Proposal on Application forRegistration and Issuance of Medium-Term Notes and Ultra-short-term Financing Bills", which agreed that the Company wouldregister and issue ultra-short-term financing bills with a registered amount of not more than RMB 1 billion, The Company can issueone or more times within the validity period of the registration according to the actual capital needs and the capital situation of theinter-bank market. On October 30, 2023, the Dealers Association held the 128th registration meeting in 2023 and decided to acceptthe registration of ultra-short-term financing notes with a total amount of RMB 1 billion and a validity period of two years.
2. Medium-term notes
On May 16, 2022, the Company's 2021 Annual General Meeting reviewed and approved the "Proposal on Application forRegistration and Issuance of Medium-term Notes and Ultra-short-term Financing Bills", which agreed that the Company wouldregister and issue medium-term notes with a registered amount of not more than RMB 2 billion. Actual capital needs and inter-bankmarket capital status, can be issued one or more times within the validity period of registration. On October 30, 2023, the DealersAssociation held its 128th registration meeting for 2023 and decided to accept the registration of medium-term notes with a totalvalue of RMB 2 billion and a validity period of two years.
3. Guarantee situation
The 2023 Annual General Meeting of the Company reviewed and passed the Proposal for the 2024 Guarantee Plan, and approvedthe Company and its subsidiaries to provide guarantees in a total amount of not exceeding RMB 24,400 million (including theeffective and unexpired amount) for the 2024 credit lines from financial institutions to guaranteed entities within the scope ofconsolidated statements. Among them, the total amount of guarantees for all guaranteed entities with asset liability ratio of 70% orabove shall not exceed the equivalent amount of RMB 2,000 million (including the effective and unexpired amount). TheCompany’s external guarantees are all provided for subsidiaries within the scope of consolidated statement. As of 30 September2024, the actual guarantee balance was RMB 8,054.79 million (of which the actual guarantee balance with liability/asset ratio of70% or above was RMB 468 million), accounting for 57.33% of the parent company’s audited net assets of RMB 14,050.84million at the end of 2023, and 26.53% of the audited net assets of RMB 30,362.06 million. The Company has no overdueguarantee.The Company’s 2022 Annual General Meeting reviewed and passed the Proposal on the Development of Asset Pool Business in2023. In order to achieve the overall management of the Company’s assets such as bills and letters of credit, the General Meetingof Shareholders approved the Company and its subsidiaries to conduct asset pool business of no more than RMB 1.6 billion. Underthe premise of controllable risks, various guarantee methods such as maximum pledge, general pledge, deposit certificate pledge,bill pledge, and margin pledge can be adopted for business development. As of September 30, 2024, the actual pledge amount ofthe asset pool business was RMB 1,052.75 million, and the financing balance was RMB1,028.53 million.
4. The matter of the special fund of RMB 171 million for talent introduction
Regarding the special fund of RMB 171 million for talent introduction, the Company filed an infringement compensation lawsuit
against Zeng Nan and others and Yichang Hongtai Real Estate Co., Ltd. on December 15, 2021, and Shenzhen IntermediatePeople's Court officially accepted it on January 28, 2022. The first trial of the case was completed in Shenzhen IntermediatePeople's Court on June 21, 2022. On 4 June 2024, the Company received the Civil Judgment of the first instance issued byShenzhen Intermediate People's Court, which rejected all of the Company's litigation requests. In June 2024, the Company filed anappeal to Guangdong Higher People's Court. The Guangdong Provincial High People's Court organized a court investigation onSeptember 12, 2024, and the case is currently in the process of the second instance.
5. Postponed re-election of the Board of Directors and the Supervisory Committee
The term of office of the ninth Board of Directors and Supervisory Committee of the Company expired on 21 May 2023, and re-election is progressing steadily as of now. According to Articles 96 and 138 of the Articles of Association of CSG Holding Co., Ltd.,if a new director/supervisor is not re-elected in time upon the expiry of the term of office of a director/supervisor, before the re-elected director/supervisor assumes his/her office, the former director/supervisor shall still perform the duties of adirector/supervisor in accordance with the provisions of laws, administrative regulations, departmental rules and the Articles ofAssociation. Therefore, the members of the ninth Board of Directors and Supervisory Committee are still performing their dutiesin a normal manner, and the re-election of the Board of Directors and the Supervisory Committee would not have any adverseimpact on the Company’s operation and governance.IV. Quarterly financial statement(I) Financial Statements
1. Consolidated Balance Sheet
Prepared by CSG Holding Co., Ltd.
September 30, 2024
Unit: RMB
| Item | Ending balance | Opening balance |
| Current asset: | ||
| Monetary capital | 3,111,040,036 | 3,076,774,218 |
| Notes receivable | 1,426,875,087 | 1,593,520,494 |
| Accounts receivable | 1,818,343,894 | 1,881,796,408 |
| Receivables financing | 692,651,276 | 529,945,623 |
| Prepayments | 110,874,707 | 155,476,645 |
| Other receivables | 169,551,648 | 177,957,033 |
| Inventory | 1,932,562,851 | 1,590,224,795 |
| Non-current assets due within one year | 84,191,224 | |
| Other current assets | 443,522,008 | 352,066,698 |
| Total current assets | 9,705,421,507 | 9,441,953,138 |
| Non-current assets: | ||
| Investment real estate | 292,711,858 | 290,368,105 |
| Fixed assets | 13,530,838,235 | 13,145,568,631 |
| Construction in progress | 5,454,006,557 | 4,325,016,420 |
| Right-of-use assets | 20,184,637 | 21,637,628 |
| Intangible assets | 2,393,471,529 | 2,490,530,224 |
| Goodwill | 8,593,352 | 8,593,352 |
| Long-term prepaid expenses | 19,255,340 | 18,764,429 |
| Deferred tax assets | 307,901,950 | 223,025,031 |
| Other non-current assets | 177,227,728 | 396,600,354 |
| Total non-current assets | 22,204,191,186 | 20,920,104,174 |
| Total assets | 31,909,612,693 | 30,362,057,312 |
| Current liabilities: | ||
| Short-term loan | 645,705,148 | 436,853,583 |
| Notes payable | 2,235,897,363 | 2,041,353,189 |
| Accounts payable | 3,654,912,439 | 3,341,624,602 |
| Contractual liabilities | 375,536,651 | 362,538,795 |
| Payroll payable | 377,491,165 | 483,337,796 |
| Taxes payable | 124,289,876 | 123,407,413 |
| Other payables | 341,154,337 | 484,741,877 |
| Including: interest payable | 8,709,606 | 8,751,408 |
| Non-current liabilities due within one year | 1,713,098,203 | 1,248,891,979 |
| Other current liabilities | 280,696,087 | 454,332,686 |
| Total current liabilities | 9,748,781,269 | 8,977,081,920 |
| Non-current liabilities: | ||
| Long term borrowing | 6,597,982,971 | 6,221,648,676 |
| Lease liability | 14,439,865 | 15,134,562 |
| Long- term payables | 455,894,376 | 88,204,163 |
| Provisions | 12,126,358 | 13,050,082 |
| Deferred income | 465,083,207 | 430,143,830 |
| Deferred income tax liabilities | 72,044,171 | 80,087,910 |
| Total non-current liabilities | 7,617,570,948 | 6,848,269,223 |
| Total Liabilities | 17,366,352,217 | 15,825,351,143 |
| Owners' equity: | ||
| Share capital | 3,070,692,107 | 3,070,692,107 |
| Capital reserve | 590,739,414 | 590,739,414 |
| Other comprehensive income | 176,798,167 | 177,384,471 |
| Special reserves | 3,347,163 | 1,411,139 |
| Surplus reserve | 1,404,063,298 | 1,404,063,298 |
| Undistributed profit | 8,825,326,495 | 8,806,549,788 |
| Total owner's equity attributable to the parent company | 14,070,966,644 | 14,050,840,217 |
| Minority shareholders' equity | 472,293,832 | 485,865,952 |
| Total owner's equity | 14,543,260,476 | 14,536,706,169 |
| Total Liabilities and Owner's Equity | 31,909,612,693 | 30,362,057,312 |
Legal Representative:Chen Lin Principal in charge of accounting: Wang Wenxin Principal of the financial department:Wang Wenxin
2. Consolidated income statement from the beginning of the year to the end of the report period
Unit: RMB
| Item | Balance of this period | Balance of last period |
| I. Total operating income | 11,836,882,741 | 13,479,933,172 |
| Including: operating income | 11,836,882,741 | 13,479,933,172 |
| II. Total operating costs | 11,129,310,130 | 11,986,880,573 |
| Including: Operating costs | 9,579,246,755 | 10,411,924,063 |
| Taxes and surcharges | 103,202,022 | 119,629,477 |
| sales expense | 218,271,462 | 227,015,823 |
| Management costs | 604,663,531 | 566,835,376 |
| R&D expenses | 492,247,639 | 547,735,584 |
| Financial expenses | 131,678,721 | 113,740,250 |
| Including: interest expense | 175,763,557 | 168,803,141 |
| Interest income | 43,019,119 | 59,319,450 |
| Plus: other income | 163,689,941 | 89,046,515 |
| Investment income (“-” for loss) | -3,501,978 | -6,890,163 |
| Credit impairment loss (“-” for loss) | 9,214,780 | -18,898,917 |
| Asset impairment loss (“-” for loss) | -73,432,355 | -84,232 |
| Asset disposal income (“-” for loss) | 4,265,283 | 76,520 |
| III. Operating profit (“-” for loss) | 807,808,282 | 1,556,302,322 |
| Plus: non-operating income | 6,367,897 | 13,420,148 |
| Less: non-operating expenses | 8,353,921 | 1,048,888 |
| IV. Gross profit (“-” for loss) | 805,822,258 | 1,568,673,582 |
| Less: Income tax expenses | 32,944,644 | 112,486,716 |
| V. Net profit (“-” for net loss) | 772,877,614 | 1,456,186,866 |
| (I) Classification by business continuity | ||
| 1. Net profit from continuing operations (“-” for net loss) | 772,877,614 | 1,456,186,866 |
| (II) )Classification by ownership | ||
| 1. Net profit attributable to the owners of parent company(“-” for net loss) | 786,449,734 | 1,466,672,010 |
| 2. Minor shareholders’ equity(“-” for net loss) | -13,572,120 | -10,485,144 |
| VI. Net amount of other gains after tax | -586,304 | 9,139,505 |
| Net amount of other gains after tax attributable to owners of parent company | -586,304 | 9,139,505 |
| (I)Other comprehensive income that will be reclassified into profit or loss | -586,304 | 9,139,505 |
| 1. Foreign currency financial statement translation difference | -586,304 | 9,139,505 |
| VII. Total comprehensive incomes | 772,291,310 | 1,465,326,371 |
| (I)Total comprehensive incomes attributable to the owners of the parent company | 785,863,430 | 1,475,811,515 |
| (II) Total comprehensive incomes attributable to the minor shareholders | -13,572,120 | -10,485,144 |
| VIII. Earnings per share: | ||
| (I) Basic earnings per share | 0.26 | 0.48 |
| (II) Diluted earnings per share | 0.26 | 0.48 |
Legal Representative:Chen Lin Principal in charge of accounting: Wang Wenxin Principal of the financial department:Wang Wenxin
3. Consolidated cash flow statement from the beginning of the year to the end of the report period
Unit: RMB
| Item | Balance of this period | Balance of last period |
| I. Net cash flow from business operation | ||
| Cash received from sales of products and providing of services | 12,544,628,953 | 12,804,613,983 |
| Tax returned | 33,479,348 | 142,833,477 |
| Other cash received from business operation | 195,290,801 | 241,778,916 |
| Sub-total of cash inflow from business activities | 12,773,399,102 | 13,189,226,376 |
| Cash paid for purchasing of merchandise and services | 8,796,586,514 | 8,894,605,626 |
| Cash paid to staffs or paid for staffs | 1,696,953,881 | 1,639,320,393 |
| Taxes paid | 514,942,141 | 723,844,134 |
| Other cash paid for business activities | 412,088,852 | 307,209,951 |
| Sub-total of cash outflow from business activities | 11,420,571,388 | 11,564,980,104 |
| Net cash flow generated by business operation | 1,352,827,714 | 1,624,246,272 |
| II. Cash flow generated by investing | ||
| Cash received from investment recovery | 262,800,000 | 20,000,000 |
| Cash received from investment income | 5,760,233 | 1,151,742 |
| Net cash retrieved from disposal of fixed assets, intangible assets, and other long-term assets | 22,364,672 | 330,178 |
| Other investment-related cash received | 37,246,122 | |
| Sub-total of cash inflow due to investment activities | 290,924,905 | 58,728,042 |
| Cash paid for construction of fixed assets, intangible assets and other long-term assets | 1,852,370,153 | 3,356,862,925 |
| Cash paid for investment | 169,254,000 | 20,000,000 |
| Obtain net cash payments from subsidiaries and other operating units | 696,000 | |
| Other cash paid for investment activities | 33,644,589 | |
| Sub-total of cash outflow due to investment activities | 2,055,268,742 | 3,377,558,925 |
| Net cash flow generated by investment | -1,764,343,837 | -3,318,830,883 |
| III. Cash flow generated by financing | ||
| Absorb cash received from investment | 68,000,000 | |
| Including: cash received by the subsidiary from absorbing minority shareholders' investment | 68,000,000 | |
| Cash received as loans | 2,632,768,993 | 2,766,410,839 |
| Other financing-related cash received | 458,231,000 | 12,000,000 |
| Subtotal of cash inflow from financing activities | 3,090,999,993 | 2,846,410,839 |
| Cash to repay debts | 1,602,050,543 | 2,430,592,680 |
| Cash paid as dividend, profit, or interests | 977,850,781 | 748,477,707 |
| Other cash paid for financing activities | 103,595,003 | 46,582,943 |
| Subtotal of cash outflow due to financing activities | 2,683,496,327 | 3,225,653,330 |
| Net cash flow generated by financing | 407,503,666 | -379,242,491 |
| IV. Influence of exchange rate alternation on cash and cash equivalents | 5,518,632 | 5,115,862 |
| V. Net increase of cash and cash equivalents | 1,506,175 | -2,068,711,240 |
| Plus: Balance of cash and cash equivalents at the beginning of term | 3,051,261,655 | 4,594,018,251 |
| VI. Balance of cash and cash equivalents at the end of term | 3,052,767,830 | 2,525,307,011 |
Legal Representative:Chen Lin Principal in charge of accounting: Wang Wenxin Principal of the financial department:Wang Wenxin
（II）Implementation of new accounting standards for the first time starting from 2024,and adjustment of the relevant items in the financial statements at the beginning of the yearfor the first implementation
□Applicable √Not applicable
(III) Report of the AuditorsWhether the Third Quarter Report has been audited or not
□ Yes √ No
The Third Quarter Report hasn’t been audited.
Board of Directors ofCSG Holding Co., Ltd.30 October 2024