CSG HOLDING CO., LTD.
THE THIRD QUARTER REPORT 2014
Chairman of the Board:
ZENG NAN
October 2014
CSG HOLDING CO., LTD. The Third Quarter Report 2014
Section I. Important Notice
Board of Directors and the Supervisory Committee of CSG Holding Co., Ltd. (hereinafter referred to as the
Company) and its directors, supervisors and senior executives hereby confirm that there are no any fictitious
statements, misleading statements, or important omissions carried in this report, and shall take all responsibilities
jointly and severally, for the truthfulness, accuracy and completeness of the whole contents.
All directors are present the meeting of the Board for deliberating the Third Quarter Report of the Company in
person.
Chairman of the Board of the Company Mr. Zeng Nan, CFO Mr. Luo Youming and principle of the financial
department Mr. Zhang Guoming hereby confirm the truthfulness, accuracy and completeness of the Financial
Report in the Third Quarter Report of 2014.
This report is prepared both in Chinese and English. Should there be any inconsistency between the Chinese and
English versions, the Chinese version shall prevail.
CSG HOLDING CO., LTD. The Third Quarter Report 2014
Section II Main accounting data and Changes in Shareholders
I. Main accounting data and indices
Whether retrospective adjustment has been carried out on financial reports of previous periods or not
√Yes □ No
Increase/decrease in
The end of current The end of last year comparison with the end
period of last year
Before adjustment After adjustment After adjustment
Total assets (RMB ) 15,267,585,451 15,078,866,777 15,078,866,777 1.25%
Net assets attributable to shareholders
8,260,462,180 8,047,894,139 8,047,894,139 2.64%
of the Company (RMB )
Increase/Decrease in
Increase/decrease in
comparison with the From 1 January to
Current period comparison with the
same period of last 30 September 2014
same period of 2013
year
Operating revenues (RMB ) 1,886,265,762 -10.80% 5,148,947,434 -8.89%
Net profit attributable to shareholders
148,078,202 -45.94% 737,288,641 17.47%
of the Company (RMB )
Net profit attributable to shareholders
of the Company after deducting
130,635,155 -45.57% 373,570,080 -33.66%
extraordinary gains
and losses (RMB )
Net cash flows from operating
-- -- 957,778,263 -12.73%
activities (RMB )
Basic earnings per share
0.07 -46.15% 0.36 20%
(RMB/Share)
Diluted earnings per share
0.07 -46.15% 0.36 20%
(RMB/Share)
Weighted average ROE (%) 1.82% -2.12% 9.05% 0.03%
Non-recurring items deducted and amounts
√Applicable □ Not applicable
Unit: RMB
Amount from the beginning of year to
Items Note
the end of the report period(RMB)
Gains/losses on the disposal of non-current assets (including the offset part of -1,164,566
CSG HOLDING CO., LTD. The Third Quarter Report 2014
asset impairment provisions)
Government grants recognized in the current period, except for those
acquired in the ordinary course of business or granted at certain quotas or 63,306,392
amounts according to the country’s unified standards
Gains and losses from change of fair values of held-for-transaction financial
assets and financial liabilities except for the effective hedge business related to
2,036,611
normal business of the Company, and investment income from disposal of
transactional financial assets and liabilities and financial assets available for sale
Other non-operating income and expenditure except for the aforementioned items 13,526,669
Other gain/loss items satisfying the definition of extraordinary gain/loss account 308,895,397
Less: Impact on income tax 15,780,085
Amount of minority shareholders’ equity (post-tax) 7,101,857
Total 363,718,561 --
Explain reasons for the extraordinary profit (gain)/loss defined by Q&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 in Q&A Announcement No.1 on Information Disclosure for Companies
Offering Their Securities to the Public --- Extraordinary Profit/loss.
√Applicable □ Not applicable
Amount
Item Reasons
involved (RMB)
Other gain/loss items satisfying the definition of It was mainly due to the Company sold 100% equity of
308,895,397
extraordinary gain/loss account Shenzhen CSG Float Glass Co., Ltd.
II. Total of shareholders at the end of the report period and particulars about the shares held
by the top ten shareholders
1. Total of common shareholders and particulars about the common shares held by the top ten
shareholders
Unit: Share
Total of shareholders at the end of the report period 211,751
Particulars about common shares held by the top ten shareholders
Proportion Amount of Number of share
Nature of Amount of
Name of shareholder of shares restricted pledged/frozen
shareholder shares held
held (%) shares held Share status Amount
State-owned
China Northern Industries Corporation 3.62% 75,167,934
legal person
Xin Tong Chan Industrial Development (Shenzhen) Domestic non
2.99% 62,052,845
Co., Ltd. state-owned
CSG HOLDING CO., LTD. The Third Quarter Report 2014
legal person
Domestic non
Shenzhen International Holdings (Shenzhen) Co.,
state-owned 2.88% 59,778,813
Ltd.
legal person
BBH A/C VANGUARD EMERGING MARKETS Overseas legal
0.75% 15,656,152
STOCK INDEX FUND person
China Minsheng Banking Corp. Ltd.- Yinhua Domestic non
Shenzhen Stock 100 Index Classification Securities state-owned 0.67% 13,907,750
Investment Fund legal person
State-owned
CMS (HK) 0.58% 12,099,601
legal person
Domestic non
ICBC- Rongtong Shenzhen Stock 100 Index
state-owned 0.41% 8,497,374
Securities Investment Funds
legal person
Overseas legal
GIC PRIVATE LIMITED 0.40% 8,329,614
person
GUOTAI JUNAN SECURITIES(HONGKONG) Overseas legal
0.40% 8,268,926
LIMITED person
Domestic non
Bank of China Limited – E-fund Shenzhen Stock
state-owned 0.33% 6,781,262
100 ETF portfolio fund
legal person
Particulars about unrestricted common shares held by the top ten shareholders
Amount of Type of shares
Shareholders un-restrict
Type Amount
shares held
China Northern Industries Corporation 75,167,934 A-share 75,167,934
Xin Tong Chan Industrial Development (Shenzhen) Co., Ltd. 62,052,845 A-share 62,052,845
Shenzhen International Holdings (Shenzhen) Co., Ltd. 59,778,813 A-share 59,778,813
BBH A/C VANGUARD EMERGING MARKETS STOCK INDEX FUND 15,656,152 B-share 15,656,152
China Minsheng Banking Corp. Ltd.- Yinhua Shenzhen Stock 100 Index
13,907,750 A-share 13,907,750
Classification Securities Investment Fund
CMS (HK) 12,099,601 B-share 12,099,601
ICBC- Rongtong Shenzhen Stock 100 Index Securities Investment Funds 8,497,374 A-share 8,497,374
GIC PRIVATE LIMITED 8,329,614 B-share 8,329,614
GUOTAI JUNAN SECURITIES(HONGKONG) LIMITED 8,268,926 B-share 8,268,926
Bank of China Limited – E-fund Shenzhen Stock 100 ETF portfolio fund 6,781,262 A-share 6,781,262
Statement on associated relationship or Among shareholders as listed above, Shenzhen International Holdings (Shenzhen) Co.,
consistent action among the above Ltd. and Xin Tong Chan Development (Shenzhen) Co., Ltd. are holding enterprises and
CSG HOLDING CO., LTD. The Third Quarter Report 2014
shareholders: belong to controlling enterprise of Shenzhen International Holdings Co., Ltd. Except for
this, It is unknown whether other shareholders belong to related party or have associated
relationship regulated by the Management Regulation of Information Disclosure on
Change of Shareholding for Listed Companies.
Explanation on shareholders involving
N/A
margin business (if applicable)
Whether there was a buy-back agreement dealing in the report period or not for top 10 common shareholders and top 10 un-restricted
common shareholders
□Yes √ No
CSG HOLDING CO., LTD. The Third Quarter Report 2014
Section III. Important events
I. Particulars and explanations about significant changes in main accounting statements and
financial indexes
√Applicable □ Not applicable
Unit: RMB
Increased/Decreased
Items of balance sheet Note 30 September 2014 31 December 2013 Rate
amount
Account receivable (1) 408,906,094 136,430,683 272,475,411 200%
Other account receivable (2) 22,539,756 109,366,023 -86,826,267 -79%
Other current assets (3) 170,723,700 1,021,464,095 -850,740,395 -83%
Fixed assets (4) 9,494,430,133 7,979,937,683 1,514,492,450 19%
Construction in progress (5) 2,052,336,638 2,762,418,100 -710,081,462 -26%
Intangible assets (6) 946,038,722 933,329,528 12,709,194 1%
Deferred income tax assets (7) 101,412,275 164,787,158 -63,374,883 -38%
Interest payable (8) 132,275,505 60,767,534 71,507,971 118%
Other account payable (9) 141,958,526 557,130,583 -415,172,057 -75%
Non-current liability due (10) 141,395,245 399,849,715 -258,454,470 -65%
within one year
From 1 January to 30 From 1 January to 30 Increased/Decreased
Items of profit statement Note Rate
September 2014 September 2013 amount
Operating revenue (11) 5,148,947,434 5,651,645,278 -502,697,844 -9%
Investment income (12) 324,518,883 432,000 324,086,883 75,020%
Income tax expenses (13) 87,445,381 198,115,399 -110,670,018 -56%
Other comprehensive (14) 101,663,642 -3,482,748 105,146,390 —
income
Notes:
(1) The increase of account receivable was mainly because operating revenue increased (excluding fine glass industry) in the report
period, Wujiang Solar Energy project came into commercial operation and the effort to collect receivable payment was intensified at
the end of last year while it was normal in the report period.
(2) The decrease of other account receivable was mainly because fire indemnity of Dongguan CSG PV, which was receivable at the
end of last period, was received in the report period.
(3) The decrease of other current assets was mainly due to the long-term assets possessed by Shenzhen CSG at the end of last year
transferred into held-for-sale, and equity transfer procedure of Shenzhen CSG was completed in the report period.
(4) The increase of fixed assets was mainly because construction in process of some subsidiaries was transferred into fixed assets.
(5) The decrease of construction in process was mainly because construction in process of some subsidiaries was transferred into
fixed assets.
(6) The increase of intangible assets increase was mainly due to outsourcing of intangible assets in some subsidiaries and R&D of
CSG HOLDING CO., LTD. The Third Quarter Report 2014
some subsidiaries changed into patents.
(7) The decrease of deferred income tax assets was mainly because consolidation scope changed due to equity of Shenzhen CSG
transferred in the report period.
(8) The increase of interest payable was mainly because the provision for bond interest payable in the report period has not been paid
yet.
