Weifu High-Technology Group Co., Ltd.
First Quarterly Report 2021
April 2021
Section I. Important NotesBoard of Directors and the Supervisory Committee of Weifu High-TechnologyGroup Co., Ltd. (hereinafter referred to as the Company) and its directors,supervisors and senior executives should guarantee the reality, accuracy andcompletion of the quarterly report, there are no any fictitious statements,misleading statements or important omissions carried in this report, and shalltake legal responsibilities, individual and/or joint.All Directors are attended the Board Meeting for Quarterly Report deliberationWang Xiaodong, Principal of the Company; Ou Jianbin, Person in Charge ofAccounting Works and Person in Charge of Accounting Organ (AccountingSupervisor) hereby confirm that the Financial Report of the First QuarterlyReport is authentic, accurate and complete.
Section II. Company ProfileI. Main accounting data and financial indexes
Whether it has retroactive adjustment or re-statement on previous accounting data
□Yes √ No
| Current Period | Same period of last year | Changes of this period over same period of last year | |
| Operating income (RMB) | 4,700,158,675.54 | 2,772,108,717.43 | 69.55% |
| Net profit attributable to shareholders of the listed company (RMB) | 861,572,997.00 | 549,996,717.72 | 56.65% |
| Net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses (RMB) | 932,554,535.06 | 495,225,376.36 | 88.31% |
| Net cash flow arising from operating activities (RMB) | -229,541,250.49 | 319,204,809.86 | -171.91% |
| Basic earnings per share (RMB/Share) | 0.87 | 0.55 | 58.18% |
| Diluted earnings per share (RMB/Share) | 0.87 | 0.55 | 58.18% |
| Weighted average ROE | 4.61% | 3.18% | 1.43% |
| End of this period | End of last period | Changes of this period-end over same period-end of last year | |
| Total assets (RMB) | 28,619,573,993.66 | 27,350,695,388.21 | 4.64% |
| Net assets attributable to shareholder of listed company (RMB) | 19,143,233,995.51 | 18,282,017,990.66 | 4.71% |
Items of non-recurring gains and losses
√ Applicable □ Not applicable
In RMB
| Item | Amount from year-begin to period-end | Note |
| Gains/losses from the disposal of non-current asset (including the write-off that accrued for impairment of assets) | 1,676,181.25 | |
| 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) | 10,247,700.49 | |
| Gains/losses of fair value changes from holding the transaction financial asset, derivative financial assets, transaction financial liability and derivative financial liability and investment earnings obtained from disposing the transaction financial | -94,934,860.22 |
| asset, derivative financial assets, transaction financial liability, derivative financial liability and other debt investment, except for the effective hedging business related to normal operation of the Company | ||
| Other non-operating income and expenditure except for the aforementioned items | -2,546.17 | |
| Less: impact on income tax | -12,454,718.08 | |
| Impact on minority shareholders’ equity (post-tax) | 422,731.49 | |
| Total | -70,981,538.06 | -- |
Concerning the extraordinary profit (gain)/loss defined by Q&A Announcement No.1 on Information Disclosure for CompaniesOffering Their Securities to the Public --- Extraordinary Profit/loss, and the items defined as recurring profit (gain)/loss according tothe lists of extraordinary profit (gain)/loss in Q&A Announcement No.1 on Information Disclosure for Companies Offering TheirSecurities to the Public --- Extraordinary Profit/loss, explain reasons
□ Applicable √ Not applicable
In reporting period, the Company has no particular about items defined as recurring profit (gain)/loss according to the lists ofextraordinary profit (gain)/loss in Q&A Announcement No.1 on Information Disclosure for Companies Offering Their Securities tothe Public --- Extraordinary Profit/lossII. Total number of shareholders at the end of this report period and top ten shareholders
1. Common and preferred stockholders with voting rights recover and the top ten share-holding
In Share
| Total common shareholders at the end of report period | 63,444 | Total preferred stockholders with voting rights recover at the end of report period (if applicable) | 0 | |||||
| Top ten shareholders | ||||||||
| Shareholder’s name | Nature of shareholder | Proportion of shares held | Amount of shares held | Amount of restricted shares held | Number of share pledged/frozen | |||
| State of share | Amount | |||||||
| Wuxi Industry Development Group Co., Ltd. | State-owned corporate | 20.22% | 204,059,398 | |||||
| ROBERT BOSCH GMBH | Foreign corporate | 14.16% | 142,841,400 | |||||
| Hong Kong Securities Clearing Company | Foreign corporate | 6.36% | 64,216,612 | |||||
| BBH BOS S/A FIDELITY FD - CHINA FOCUS FD | Foreign corporate | 1.60% | 16,093,515 | |||||
| Central Huijin Assets Management Co., Ltd. | State-owned corporate | 1.27% | 12,811,200 | |||||
| Basic Pension Insurance Fund- 1003 | Other | 1.09% | 10,968,106 | |||||
| Huatai Financial Holdings (Hong Kong) Limited－Client fund | Foreign corporate | 0.79% | 7,999,998 | |||||
| FIDELITY INVMT TRT FIDELITY INTL SMALL CAP FUND | Foreign corporate | 0.73% | 7,339,586 | ||||||
| Monetary Authority of Macao - own fund | Foreign corporate | 0.55% | 5,521,441 | ||||||
| Haitong Securities Co., Ltd. | State-owned corporate | 0.50% | 5,001,101 | ||||||
| Top ten shareholders with unrestricted shares held | |||||||||
| Shareholder’s name | Amount of unrestricted shares held | Type of shares | |||||||
| Type | Amount | ||||||||
| Wuxi Industry Development Group Co., Ltd. | 204,059,398 | RMB common shares | 204,059,398 | ||||||
| ROBERT BOSCH GMBH | 142,841,400 | RMB common shares | 115,260,600 | ||||||
| Domestically listed foreign shares | 27,580,800 | ||||||||
| Hong Kong Securities Clearing Company | 64,216,612 | RMB common shares | 64,216,612 | ||||||
| BBH BOS S/A FIDELITY FD - CHINA FOCUS FD | 16,093,515 | Domestically listed foreign shares | 16,093,515 | ||||||
| Central Huijin Assets Management Co., Ltd. | 12,811,200 | RMB common shares | 12,811,200 | ||||||
| Basic Pension Insurance Fund- 1003 | 10,968,106 | RMB common shares | 10,968,106 | ||||||
| Huatai Financial Holdings (Hong Kong) Limited－Client fund | 7,999,998 | RMB common shares | 7,999,998 | ||||||
| FIDELITY INVMT TRT FIDELITY INTL SMALL CAP FUND | 7,339,586 | Domestically listed foreign shares | 7,339,586 | ||||||
| Monetary Authority of Macao - own fund | 5,521,441 | RMB common shares | 5,521,441 | ||||||
| Haitong Securities Co., Ltd. | 5,001,101 | RMB common shares | 5,001,101 | ||||||
| Note of related relationship among the above shareholders and concerted actors | Among the top ten shareholders, the Company knew there has no associated relationship between Wuxi Industry Development Croup Co., Ltd., the first largest shareholder of the Company, and other shareholders; and they do not belong to the consistent actionist regulated by the Management Measure of Information Disclosure on Change of Shareholding for Listed Company. | ||||||||
Whether top ten common shareholders or top ten common shareholders with un-restrict shares held have a buy-back agreementdealing 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-backagreement dealing in reporting period.
2. Total shareholders with preferred stock held at Period-end and shares held by top ten shareholders withpreferred stock held
□ Applicable √ Not applicable
Section III. Significant EventsI. Changes in the main financial data and financial indicators during the reporting period andthe reasons
√ Applicable □ Not applicable
(i) Changes and reasons of items in balance sheet：
1. Accounts receivable in the period-end increased 1377.87 million yuan by comparing with end of last year with
48.78 percent up, mainly due to the increase in sales revenue during the reporting period;
2. Advance payment in the period-end increased 52.69 million yuan by comparing with end of last year with
34.69 percent up, mainly due to the increase in purchases during the reporting period;
3. Other receivables in the period-end decreased 18.02 million yuan by comparing with end of last year with 33.25percent down, mainly due to the recovery of dividends receivable during the reporting period;
4. Other non-current financial assets in the period-end decreased 540.44 million yuan by comparing with end oflast year with 29.93 percent down, mainly due to the more than one year wealth management maturity during thereporting period;
5. Deferred income tax assets in the period-end increased 78.39 million yuan by comparing with end of last yearwith 39.51 percent up, mainly due to the prepayment of corporate income tax for the investment income and thegains and losses of fair value changes during the reporting period;
6. Short-term loan in the period-end increased 433.10 million yuan by comparing with end of last year with
143.30 percent up, mainly due to the increase in bank borrowings during the reporting period;
7. Contract liabilities in the period-end decreased 39.17 million yuan by comparing with end of last year with
47.93 percent down, mainly due to the settlement of advance payment during the reporting period;
8. Wages payable in the period-end decreased 160.09 million yuan by comparing with end of last year with 48.16percent down, mainly because paying the employee performance rewards in the reporting period;
9. Taxes payable in the period-end increased 166.03 million yuan by comparing with end of last year with 245.99percent up, mainly due to the increase in quarterly prepayment of corporate income tax during the reportingperiod;
10. Non-current liabilities due within one year in the period-end decreased 12.32 million yuan by comparing withend of last year with 33.36 percent down, mainly because the loan repayment at maturity in the reporting period;
11. Other comprehensive income in the period-end decreased 18.89 million yuan, mainly due to the conversiondifference of foreign currency statements;(ii) Changes and reasons of items in profit and loss statement：
1. Operating income in the period increased 1928.05 million yuan from a year earlier with 69.55 percent up,mainly due to the rapid growth of the company’s three major system businesses;
2. Operating cost in the period increased 1604.61 million yuan from a year earlier with 71.30 percent up, mainly
due to the rapid growth of the company’s three major system businesses;
3. R&D expenses in the period increased 44.2 million yuan from a year earlier with 59.15 percent up, mainlybecause investment in research and development increased during the reporting period;
4. Investment income in the period increased 191.74 million yuan from a year earlier with 52.87 percent up,mainly because the income from joint stock enterprise increased;
5. Gains from changes in fair value in the period decreased 86.54 million yuan from a year earlier, mainly becausethe fair value of other equity investment, such as Guolian Securities etc. declined from a year earlier;
6. The total profit in the period increased 348.68 million yuan from a year earlier with 58.84 percent up, mainlybecause benefiting from the boom in the automotive industry, especially the commercial vehicle market, thecompany's main products are booming in production and sales;(iii) Changes and reasons of items in cash flow statement：
1. Net cash flow arising from operation activity in the period decreased 548.75 million yuan from a year earlier,mainly because the increase in sales revenue and the payment due date has not arrived;
2. Net cash flow arising from investment activity decreased 395.47 million yuan from a year earlier, mainlybecause the wealth management business has not expired and the cash inflow declined;
3. Net cash flow arising from financing activity increased 707.17 million yuan from a year earlier, mainly due tothe payment in 2020 caused by the repurchase of A shares by means of centralized bidding and the bankborrowings during the reporting period increased.II. Analysis and explanation of significant events and their influence and solutions
√ Applicable □ Not applicable
Parts of the joint-stock enterprise’s equity held by the Company freeze
1. On 6 March 2017, the Company received a legal documents mail from Shenzhen Intermediate people’s Courtin Guangdong Province (hereinafter referred to as Shenzhen Intermediate Court). Pursuit to the legal documents,the plaintiff- China Cinda Asset Management Co., Ltd. Shenzhen Branch bring a suit against eight defendants (theCompany included) and the third party-Shenzhen Hejun Venture Holding Co., Ltd. (“Hejun Company” for short)for damaged the interests of corporate creditors, totally two cases for suits. Shenzhen Intermediate Court acceptedthe case and issued the Civil Order of (2016) Yue 03 MC No.2490 and (2016) Yue 03 MC No. 2492, that is, theproperty under the name of eight defendants are being seal up, detain or freeze-up, totally amounted as 217million Yuan. Ended as the reporting period, the 4.71 million shares of Miracle and 11,739,102 shares of SDECheld by the Company are being freeze-up. First trial are carried on 24 September 2017, and further session to beadvised from the Court.
2. The company has applied to Futian People's Court of Shenzhen for compulsory liquidation with HejunCompany. A Civil Ruling Paper is carried by Futian People's Court of Shenzhen (2017) Yue 0304 QS No.5, that is:
implemented compulsory liquidation on Hejun Company. The Company will fully engage with the Court forrelevant liquidation works completed, guarantee legitimate interest of the Company.
| Overview | Disclosure date | Query index for interim notice |
| Parts of the joint-stock enterprise’s equity held by the Company freeze | March 8, 2017 | (Notice No. 2017-002) Published on Juchao Website (www.cninfo.com.cn) |
| December 6, 2017 | (Notice No. 2017-023) Published on Juchao Website (www.cninfo.com.cn) |
Implementation progress of shares buy-back
□ Applicable √ Not applicable
Implementation progress of the reduction of repurchases shares by centralized bidding
□ Applicable √ Not applicable
III. Commitments non-performance over due in reporting period from committed parties asactual controller, shareholders, related party, acquirer and the Company
□Applicable √Not applicable
No the above mentioned commitment occurred in the period.IV. Securities Investment
√ Applicable □ Not applicable
In RMB
| Variety of securities | Code of securities | Short form of securities | Initial investment cost | Accounting measurement model | Book value at the beginning of the period | Current gain/loss of fair value changes | Cumulative fair value changes in equity | Current purchase amount | Current sales amount | Profit and loss in the Reporting Period | Book value at the end of the period | Accounting subject | Capital Source |
| Domestic and foreign stocks | 600841 | SDEC | 199,208,000.00 | Measured by fair value | 140,395,956.00 | -7,922,436.00 | 132,473,520.00 | Trading financial assets | Own funds | ||||
| Domestic and foreign stocks | 002009 | Miracle Automation | 69,331,500.00 | Measured by fair value | 47,712,300.00 | -3,579,600.00 | 44,132,700.00 | Trading financial assets | Own funds |
| Domestic and foreign stocks | 601456 | Guolian Securities | 12,000,000.00 | Measured by fair value | 326,848,122.00 | -83,432,824.22 | 243,415,297.78 | Trading financial assets | Own funds | ||||
| Total | 280,539,500.00 | -- | 514,956,378.00 | -94,934,860.22 | 0.00 | 0.00 | 0.00 | 0.00 | 420,021,517.78 | -- | -- | ||
| Disclosure date of securities investment approval by the Board | March 24, 2012 | ||||||||||||
| June 4, 2013 | |||||||||||||
2. Derivative investment
□ Applicable √ Not applicable
No derivative investment in the Period.V. Progress of investment projects with raised funds
□ Applicable √ Not applicable
VI. Prediction of business performance from January – June 2021Estimation on accumulative net profit from the beginning of the year to the end of next report period to be loss probably or thewarning of its material change compared with the corresponding period of the last year and explanation on reason
□ Applicable √ Not applicable
VII. Major contracts for daily operations
□ Applicable √ Not applicable
VIII. Trust financing
√ Applicable □ Not applicable
In 10 thousand Yuan
| Specific type | Sources of funds | Amount occurred | Undue balance | Overdue amount |
| Financing products | Own funds | 65,300 | 65,300 | 0 |
| Financial products of securities firms | Own funds | 82,000 | 82,000 | 0 |
| Trust financial products | Own funds | 289,280 | 284,580 | 0 |
| Other type | Own funds | 67,770 | 67,770 | 0 |
| Total | 504,350 | 499,650 | 0 | |
Details of the single major amount, or high-risk trust investment with low security, poor fluidity and non-guaranteed
√ Applicable □ Not applicable
In 10 thousand Yuan
| Trustee institution r name | Trustee type | Type | Amount | Source of funds | Start date | End date | Capital investment purpose | Criteria for fixing reward | Reference annual rate of return | Anticipated income (if applicable) | Actual gains/losses in period | Actual collected gains/losses in period | Amount of reserve for devaluation of withdrawing (if applicable) | Whether approved by legal procedure (Y/N) | Whether has entrust finance plan in the future | Summary of the items and related query index (if applicable) |
| Bank | Bank | Non-guaranteed floating income | 1,300 | Owned fund | March 2, 2021 | May 26, 2021 | Financial products | Contractual Performance Benchmark | 3.55% | 10.75 | 0 | Collected according to the contract | Y | Y | Notice No.: 2020-015 | |
| Securities trader | Securities trader | Non-guaranteed floating income | 18,000 | Owned fund | January 12, 2021 | September 14, 2021 | Collective assets management plan | Contractual Performance Benchmark | 4.7% -5% | 544.96 | 265.16 | Collected according to the contract | Y | Y | ||
| Trust | Trust | Non-guaranteed floating income | 33,880 | Owned fund | January 8, 2021 | January 29, 2023 | Collection trust plan | Contractual Performance Benchmark | 5.8% -7.4% | 3,190.71 | 2,922.76 | Collected according to the contract | Y | Y | ||
| Other | Other | Non-guarantee | 10,000 | Owned | February | February 8, | Fund produc | Contractual Performanc | 6% | 660 | 439.57 | Collected | Y | Y |
| d floating income | fund | 8, 2021 | 2023 | ts | e Benchmark | -7.5% | according to the contract | ||||||||
| Total | 63,180 | -- | -- | -- | -- | -- | -- | 4,406.42 | 3,627.49 | -- | 0 | -- | -- | -- | |
Entrust financial expected to be unable to recover the principal or impairment might be occurred
□ Applicable √ Not applicable
IX. External security against the rules
□ Applicable √ Not applicable
The Company has no external security against the rules in the PeriodX. Controlling shareholders' and its related party's non-business capital occupying of thelisted company
□ Applicable √ Not applicable
There are no controlling shareholders' and its related party's non-business capital occupying of the listed company.XI. Registration form for receiving research, communication and interview in the reportperiod
√ Applicable □ Not applicable
| Date | Reception location | Method | Type of investors | Object | Main content and information provided | Index for the interview and research |
| 1 Jan. 2021 to 31 Mar. 2021 | Interactive platform（http://irm.p5w.net/dqhd/sichuan/） | Written inquiries | Other | Other | Basic condition of the Company and views on market | The Company answered 55 questions for investors online through the investor relations interactive platform(http://irm.p5w.net/dqhd/sichuan/) |
| 1 Jan. 2021 to 31 Mar. 2021 | Telephone | Telephone communication | Other | Other | Basic condition of the Company and views on market | Communicate with investors by telephone more than 50 |
Section IV. Financial Statement
I. Financial statement
1. Consolidate balance sheet
Prepared by Weifu High-Technology Group Co., Ltd
March 31, 2021
In RMB
| Items | March 31, 2021 | March 31, 2020 |
| Current assets: | ||
| Monetary fund | 1,950,302,133.22 | 1,963,289,832.33 |
| Settlement provisions | ||
| Capital lent | ||
| Trading financial assets | 4,183,535,346.48 | 3,518,432,939.10 |
| Derivative financial assets | ||
| Note receivable | 1,267,852,573.12 | 1,657,315,723.56 |
| Account receivable | 4,202,650,005.87 | 2,824,780,352.41 |
| Receivable financing | 966,202,570.80 | 1,005,524,477.88 |
| Accounts paid in advance | 204,563,267.35 | 151,873,357.76 |
| Insurance receivable | ||
| Reinsurance receivables | ||
| Contract reserve of reinsurance receivable | ||
| Other account receivable | 36,186,729.31 | 54,209,580.88 |
| Including: Interest receivable | ||
| Dividend receivable | 49,000,000.00 | |
| Buying back the sale of financial assets | ||
| Inventories | 2,330,883,346.58 | 2,877,182,174.64 |
| Contractual assets | ||
| Assets held for sale | ||
| Non-current asset due within one year | ||
| Other current assets | 2,255,163,156.12 | 2,137,921,113.61 |
| Total current assets | 17,397,339,128.85 | 16,190,529,552.17 |
| Non-current assets: |
| Loans and payments on behalf | ||
| Debt investment | ||
| Other debt investment | ||
| Long-term account receivable | ||
| Long-term equity investment | 5,315,842,700.20 | 4,801,488,290.97 |
| Investment in other equity instrument | 285,048,000.00 | 285,048,000.00 |
| Other non-current financial assets | 1,265,345,215.64 | 1,805,788,421.00 |
| Investment real estate | 20,505,724.03 | 20,886,681.62 |
| Fixed assets | 2,897,748,447.32 | 2,882,230,191.08 |
| Construction in progress | 234,085,166.44 | 243,795,493.04 |
| Productive biological asset | ||
| Oil and gas asset | ||
| Right-of-use assets | 20,752,240.26 | |
| Intangible assets | 439,784,832.52 | 454,412,947.69 |
| Expense on Research and Development | ||
| Goodwill | 247,617,947.81 | 257,800,696.32 |
| Long-term expenses to be apportioned | 15,470,211.17 | 15,062,171.09 |
| Deferred income tax asset | 276,786,130.60 | 198,393,501.50 |
| Other non-current asset | 203,248,248.82 | 195,259,441.73 |
| Total non-current asset | 11,222,234,864.81 | 11,160,165,836.04 |
| Total assets | 28,619,573,993.66 | 27,350,695,388.21 |
| Current liabilities: | ||
| Short-term loans | 735,340,793.39 | 302,238,600.05 |
| Loan from central bank | ||
| Capital borrowed | ||
| Trading financial liability | ||
| Derivative financial liability | ||
| Note payable | 2,047,595,491.70 | 2,462,592,372.82 |
| Account payable | 4,458,273,913.80 | 4,100,984,240.39 |
| Accounts received in advance | 659,924.15 | 4,071,236.87 |
| Contractual liability | 42,550,289.65 | 81,717,387.25 |
| Selling financial asset of repurchase | ||
| Absorbing deposit and interbank deposit | ||
| Security trading of agency |
| Security sales of agency | ||
| Wage payable | 172,333,790.05 | 332,421,811.82 |
| Taxes payable | 233,520,293.75 | 67,493,690.29 |
| Other account payable | 385,816,384.06 | 361,556,257.42 |
| Including: Interest payable | 4,862.22 | 4,862.22 |
| Dividend payable | ||
| Commission charge and commission payable | ||
| Reinsurance payable | ||
| Liability held for sale | ||
| Non-current liabilities due within one year | 24,598,290.18 | 36,914,242.02 |
| Other current liabilities | 252,136,307.16 | 222,871,087.33 |
| Total current liabilities | 8,352,825,477.89 | 7,972,860,926.26 |
| Non-current liabilities: | ||
| Insurance contract reserve | ||
| Long-term loans | 2,928,163.67 | 3,050,640.97 |
| Bonds payable | ||
| Including: Preferred stock | ||
| Perpetual capital securities | ||
| Lease liability | 16,973,079.38 | |
| Long-term account payable | 33,616,965.11 | 39,479,218.17 |
| Long-term wages payable | 181,980,293.94 | 181,980,293.94 |
| Accrual liability | ||
| Deferred income | 317,812,460.63 | 328,204,476.73 |
| Deferred income tax liabilities | 28,608,655.87 | 30,653,933.12 |
| Other non-current liabilities | ||
| Total non-current liabilities | 581,919,618.60 | 583,368,562.93 |
| Total liabilities | 8,934,745,096.49 | 8,556,229,489.19 |
| Owner’s equity: | ||
| Share capital | 1,008,950,570.00 | 1,008,950,570.00 |
| Other equity instrument | ||
| Including: Preferred stock | ||
| Perpetual capital securities | ||
| Capital public reserve | 3,313,084,469.55 | 3,294,242,368.28 |
| Less: Inventory shares | 303,627,977.74 | 303,627,977.74 |
| Other comprehensive income | -4,969,906.17 | 13,916,619.47 |
| Reasonable reserve | 2,020,922.25 | 2,333,490.03 |
| Surplus public reserve | 510,100,496.00 | 510,100,496.00 |
| Provision of general risk | ||
| Retained profit | 14,617,675,421.62 | 13,756,102,424.62 |
| Total owner’ s equity attributable to parent company | 19,143,233,995.51 | 18,282,017,990.66 |
| Minority interests | 541,594,901.66 | 512,447,908.36 |
| Total owner’ s equity | 19,684,828,897.17 | 18,794,465,899.02 |
| Total liabilities and owner’ s equity | 28,619,573,993.66 | 27,350,695,388.21 |
Legal Representative: Wang XiaodongPerson in charge of accounting works: Ou JianbinPerson in charge of accounting institute: Ou Jianbin
2. Balance Sheet of Parent Company
In RMB
| Items | March 31, 2021 | March 31, 2020 |
| Current assets: | ||
| Monetary funds | 983,274,686.88 | 1,157,684,053.05 |
| Trading financial assets | 4,103,851,493.42 | 3,452,348,980.19 |
| Derivative financial assets | ||
| Note receivable | 353,024,807.87 | 422,246,979.39 |
| Account receivable | 1,468,857,154.84 | 982,782,279.22 |
| Receivable financing | ||
| Accounts paid in advance | 151,939,963.25 | 75,650,090.49 |
| Other account receivable | 254,546,727.96 | 197,335,714.63 |
| Including: Interest receivable | 88,888.89 | 897,777.78 |
| Dividend receivable | ||
| Inventories | 531,764,778.73 | 725,276,241.43 |
| Contractual assets | ||
| Assets held for sale | ||
| Non-current assets maturing within one year | ||
| Other current assets | 2,178,291,267.24 | 2,057,772,839.50 |
| Total current assets | 10,025,550,880.19 | 9,071,097,177.90 |
| Non-current assets: |
| Debt investment | ||
| Other debt investment | ||
| Long-term receivables | ||
| Long-term equity investments | 6,537,007,129.39 | 5,978,128,303.88 |
| Investment in other equity instrument | 209,108,000.00 | 209,108,000.00 |
| Other non-current financial assets | 1,265,345,215.64 | 1,805,788,421.00 |
| Investment real estate | ||
| Fixed assets | 1,778,869,124.48 | 1,758,198,856.53 |
| Construction in progress | 127,625,569.23 | 154,741,266.85 |
| Productive biological assets | ||
| Oil and natural gas assets | ||
| Right-of-use assets | 1,658,263.91 | |
| Intangible assets | 203,648,944.54 | 208,112,706.57 |
| Research and development costs | ||
| Goodwill | ||
| Long-term deferred expenses | ||
| Deferred income tax assets | 154,152,471.86 | 76,508,392.85 |
| Other non-current assets | 142,576,019.60 | 117,013,906.01 |
| Total non-current assets | 10,419,990,738.65 | 10,307,599,853.69 |
| Total assets | 20,445,541,618.84 | 19,378,697,031.59 |
| Current liabilities | ||
| Short-term borrowings | 202,088,888.89 | 102,088,888.89 |
| Trading financial liability | ||
| Derivative financial liability | ||
| Notes payable | 451,652,613.73 | 448,901,718.36 |
| Account payable | 1,427,430,948.22 | 1,265,845,068.26 |
| Accounts received in advance | ||
| Contractual liability | 40,885,036.81 | 6,209,575.73 |
| Wage payable | 110,865,477.66 | 216,870,819.60 |
| Taxes payable | 189,526,864.28 | 32,974,322.59 |
| Other accounts payable | 330,102,501.07 | 339,096,991.12 |
| Including: Interest payable | ||
| Dividend payable | ||
| Liability held for sale |
| Non-current liabilities due within one year | ||
| Other current liabilities | 191,372,545.67 | 182,611,991.54 |
| Total current liabilities | 2,943,924,876.33 | 2,594,599,376.09 |
| Non-current liabilities: | ||
| Long-term loans | ||
| Bonds payable | ||
| Including: preferred stock | ||
| Perpetual capital securities | ||
| Lease liability | 1,712,209.91 | |
| Long-term account payable | ||
| Long term employee compensation payable | 176,245,345.03 | 176,245,345.03 |
| Accrued liabilities | ||
| Deferred income | 278,769,782.98 | 285,714,239.98 |
| Deferred income tax liabilities | ||
| Other non-current liabilities | ||
| Total non-current liabilities | 456,727,337.92 | 461,959,585.01 |
| Total liabilities | 3,400,652,214.25 | 3,056,558,961.10 |
| Owners’ equity: | ||
| Share capital | 1,008,950,570.00 | 1,008,950,570.00 |
| Other equity instrument | ||
| Including: preferred stock | ||
| Perpetual capital securities | ||
| Capital public reserve | 3,427,166,622.84 | 3,407,732,016.61 |
| Less: Inventory shares | 303,627,977.74 | 303,627,977.74 |
| Other comprehensive income | ||
| Special reserve | ||
| Surplus reserve | 510,100,496.00 | 510,100,496.00 |
| Retained profit | 12,402,299,693.49 | 11,698,982,965.62 |
| Total owner’s equity | 17,044,889,404.59 | 16,322,138,070.49 |
| Total liabilities and owner’s equity | 20,445,541,618.84 | 19,378,697,031.59 |
3. Consolidated Profit Statement
In RMB
| Item | Current period | Last period |
| I. Total operating income | 4,700,158,675.54 | 2,772,108,717.43 |
| Including: Operating income | 4,700,158,675.54 | 2,772,108,717.43 |
| Interest income | ||
| Insurance gained | ||
| Commission charge and commission income | ||
| II. Total operating cost | 4,190,477,422.75 | 2,506,487,031.40 |
| Including: Operating cost | 3,855,189,876.70 | 2,250,580,448.11 |
| Interest expense | ||
| Commission charge and commission expense | ||
| Cash surrender value | ||
| Net amount of expense of compensation | ||
| Net amount of withdrawal of insurance contract reserve | ||
| Bonus expense of guarantee slip | ||
| Reinsurance expense | ||
| Tax and extras | 20,115,723.32 | 13,130,773.59 |
| Sales expense | 54,746,637.36 | 49,792,031.77 |
| Administrative expense | 143,194,220.17 | 132,550,468.46 |
| R&D expense | 118,939,760.37 | 74,735,427.38 |
| Financial expense | -1,708,795.17 | -14,302,117.91 |
| Including: Interest expenses | 3,628,147.53 | 2,579,711.49 |
| Interest income | 8,923,810.05 | 18,022,664.17 |
| Add: other income | 10,247,700.49 | 9,216,894.95 |
| Investment income (Loss is listed with “-”) | 554,425,152.91 | 362,685,321.28 |
| Including: Investment income on affiliated company and joint venture | 514,354,409.23 | 301,761,925.15 |
| The termination of income recognition for financial assets measured by amortized cost(Loss is listed with “-”) | -341,449.81 | -191,797.71 |
| Exchange income (Loss is listed with “-”) | ||
| Net exposure hedging income (Loss is listed with “-”) | ||
| Income from change of fair value (Loss is listed with “-”) | -88,743,815.39 | -2,206,725.01 |
| Loss of credit impairment (Loss is listed with “-”) | -1,809,614.35 | 7,480,599.59 |
| Losses of devaluation of asset (Loss is listed with “-”) | -44,249,622.45 | -47,389,892.81 |
| Income from assets disposal (Loss is listed with “-”) | 1,944,581.28 | 70,300.91 |
| III. Operating profit (Loss is listed with “-”) | 941,495,635.28 | 595,478,184.94 |
| Add: Non-operating income | 61,113.14 | 93,384.30 |
| Less: Non-operating expense | 332,059.34 | 3,028,718.52 |
| IV. Total profit (Loss is listed with “-”) | 941,224,689.08 | 592,542,850.72 |
| Less: Income tax expense | 51,082,560.29 | 38,745,274.61 |
| V. Net profit (Net loss is listed with “-”) | 890,142,128.79 | 553,797,576.11 |
| (i) Classify by business continuity | ||
| 1.continuous operating net profit (net loss listed with “-”) | 890,142,128.79 | 553,797,576.11 |
| 2.termination of net profit (net loss listed with “-”) | ||
| (ii) Classify by ownership | ||
| 1.Net profit attributable to owner’s of parent company | 861,572,997.00 | 549,996,717.72 |
| 2.Minority shareholders’ gains and losses | 28,569,131.79 | 3,800,858.39 |
| VI. Net after-tax of other comprehensive income | -18,886,525.64 | 1,455.41 |
| Net after-tax of other comprehensive income attributable to owners of parent company | -18,886,525.64 | 960.57 |
| (I) Other comprehensive income items which will not be reclassified subsequently to profit of loss | ||
| 1.Changes of the defined benefit plans that re-measured | ||
| 2.Other comprehensive income under equity method that cannot be transfer to gain/loss | ||
| 3.Change of fair value of investment in other equity instrument | ||
| 4.Fair value change of enterprise's credit risk | ||
| 5. Other | ||
| (ii) Other comprehensive income items which will be reclassified subsequently to profit or loss | -18,886,525.64 | 960.57 |
| 1.Other comprehensive income under equity method that can transfer to gain/loss | ||
| 2.Change of fair value of other debt investment | ||
| 3.Amount of financial assets re-classify to other comprehensive income | ||
| 4.Credit impairment provision for other debt investment | ||
| 5.Cash flow hedging reserve | ||
| 6.Translation differences arising on translation of foreign currency financial statements | -18,886,525.64 | 960.57 |
| 7.Other | ||
| Net after-tax of other comprehensive income attributable to minority shareholders | 494.84 | |
| VII. Total comprehensive income | 871,255,603.15 | 553,799,031.52 |
| Total comprehensive income attributable to owners of parent Company | 842,686,471.36 | 549,997,678.29 |
| Total comprehensive income attributable to minority shareholders | 28,569,131.79 | 3,801,353.23 |
| VIII. Earnings per share: | ||
| (i) Basic earnings per share | 0.87 | 0.55 |
| (ii) Diluted earnings per share | 0.87 | 0.55 |
Enterprise combine under the same control in the Period, the combined party realized net profit of 0 Yuan before combination, andrealized 0 Yuan at last period for combined partyLegal Representative: Wang XiaodongPerson in charge of accounting works: Ou JianbinPerson in charge of accounting institute: Ou Jianbin
4. Profit Statement of Parent Company
In RMB
| Item | Current period | Last period |
| I. Operating income | 1,743,084,293.93 | 1,084,517,709.00 |
| Less: Operating cost | 1,278,601,918.95 | 771,517,997.02 |
| Taxes and surcharge | 13,018,099.07 | 8,726,393.83 |
| Sales expenses | 9,248,782.42 | 3,948,899.85 |
| Administration expenses | 76,440,130.45 | 82,724,030.24 |
| R&D expenses | 45,114,875.71 | 38,924,291.76 |
| Financial expenses | -5,654,292.79 | -19,548,612.65 |
| Including: interest expenses | 1,515,944.44 | 1,138,193.78 |
| Interest income | 7,325,496.04 | 17,644,344.22 |
| Add: other income | 8,340,003.51 | 7,088,433.84 |
| Investment income (Loss is listed with “-”) | 488,901,136.42 | 347,916,717.40 |
| Including: Investment income on affiliated Company and joint venture | 448,610,602.44 | 297,794,629.99 |
| The termination of income recognition for financial assets measured by amortized cost (Loss is listed with “-”) |
| Net exposure hedging income (Loss is listed with “-”) | ||
| Changing income of fair value (Loss is listed with “-”) | -89,343,709.54 | -2,145,787.43 |
| Loss of credit impairment (Loss is listed with “-”) | 431,097.69 | 249,448.42 |
| Losses of devaluation of asset (Loss is listed with “-”) | ||
| Income on disposal of assets (Loss is listed with “-”) | 82,080.11 | 377.30 |
| II. Operating profit (Loss is listed with “-”) | 734,725,388.31 | 551,333,898.48 |
| Add: Non-operating income | 38,700.29 | 14,771.67 |
| Less: Non-operating expense | 67,111.55 | 3,017,869.94 |
| III. Total Profit (Loss is listed with “-”) | 734,696,977.05 | 548,330,800.21 |
| Less: Income tax | 31,380,249.18 | 38,048,842.34 |
| IV. Net profit (Net loss is listed with “-”) | 703,316,727.87 | 510,281,957.87 |
| (i)continuous operating net profit (net loss listed with “-”) | 703,316,727.87 | 510,281,957.87 |
| (ii) termination of net profit (net loss listed with “-”) | ||
| V. Net after-tax of other comprehensive income | ||
| (I) Other comprehensive income items which will not be reclassified subsequently to profit of loss | ||
| 1.Changes of the defined benefit plans that re-measured | ||
| 2.Other comprehensive income under equity method that cannot be transfer to gain/loss | ||
| 3.Change of fair value of investment in other equity instrument | ||
| 4.Fair value change of enterprise's credit risk | ||
| 5. Other | ||
| (II) Other comprehensive income items which will be reclassified subsequently to profit or loss | ||
| 1.Other comprehensive income under equity method that can transfer to gain/loss | ||
| 2.Change of fair value of other debt investment | ||
| 3.Amount of financial assets re-classify to other comprehensive income | ||
| 4.Credit impairment provision for other debt investment | ||
| 5.Cash flow hedging reserve | ||
| 6.Translation differences arising on translation of foreign currency financial statements | ||
| 7.Other | ||
| VI. Total comprehensive income | 703,316,727.87 | 510,281,957.87 |
| VII. Earnings per share: |
| (i) Basic earnings per share | ||
| (ii) Diluted earnings per share |
5. Consolidated Cash Flow Statement
In RMB
| Item | Current period | Last period |
| I. Cash flows arising from operating activities: | ||
| Cash received from selling commodities and providing labor services | 3,191,959,028.29 | 2,747,435,787.89 |
| Net increase of customer deposit and interbank deposit | ||
| Net increase of loan from central bank | ||
| Net increase of capital borrowed from other financial institution | ||
| Cash received from original insurance contract fee | ||
| Net cash received from reinsurance business | ||
| Net increase of insured savings and investment | ||
| Cash received from interest, commission charge and commission | ||
| Net increase of capital borrowed | ||
| Net increase of returned business capital | ||
| Net cash received by agents in sale and purchase of securities | ||
| Write-back of tax received | 7,078,180.24 | 6,649,535.99 |
| Other cash received concerning operating activities | 12,315,475.98 | 21,806,760.87 |
| Subtotal of cash inflow arising from operating activities | 3,211,352,684.51 | 2,775,892,084.75 |
| Cash paid for purchasing commodities and receiving labor service | 2,667,753,903.41 | 1,907,127,747.29 |
| Net increase of customer loans and advances | ||
| Net increase of deposits in central bank and interbank | ||
| Cash paid for original insurance contract compensation | ||
| Net increase of capital lent | ||
| Cash paid for interest, commission charge and commission | ||
| Cash paid for bonus of guarantee slip | ||
| Cash paid to/for staff and workers | 449,930,340.18 | 327,798,155.34 |
| Taxes paid | 213,203,671.15 | 150,583,399.33 |
| Other cash paid concerning operating activities | 110,006,020.26 | 71,177,972.93 |
| Subtotal of cash outflow arising from operating activities | 3,440,893,935.00 | 2,456,687,274.89 |
| Net cash flows arising from operating activities | -229,541,250.49 | 319,204,809.86 |
| II. Cash flows arising from investing activities: |
| Cash received from recovering investment | 1,008,396,982.59 | 1,783,243,985.27 |
| Cash received from investment income | 89,594,216.53 | 201,315,193.84 |
| Net cash received from disposal of fixed, intangible and other long-term assets | 3,658,655.50 | 526,745.43 |
| Net cash received from disposal of subsidiaries and other units | ||
| Other cash received concerning investing activities | ||
| Subtotal of cash inflow from investing activities | 1,101,649,854.62 | 1,985,085,924.54 |
| Cash paid for purchasing fixed, intangible and other long-term assets | 128,698,656.89 | 149,466,109.37 |
| Cash paid for investment | 1,181,800,000.00 | 1,649,000,000.00 |
| Net increase of mortgaged loans | ||
| Net cash received from subsidiaries and other units obtained | ||
| Other cash paid concerning investing activities | ||
| Subtotal of cash outflow from investing activities | 1,310,498,656.89 | 1,798,466,109.37 |
| Net cash flows arising from investing activities | -208,848,802.27 | 186,619,815.17 |
| III. Cash flows arising from financing activities | ||
| Cash received from absorbing investment | ||
| Including: Cash received from absorbing minority shareholders’ investment by subsidiaries | ||
| Cash received from loans | 450,799,496.32 | 46,002,556.36 |
| Other cash received concerning financing activities | ||
| Subtotal of cash inflow from financing activities | 450,799,496.32 | 46,002,556.36 |
| Cash paid for settling debts | 28,557,421.48 | 32,282,403.79 |
| Cash paid for dividend and profit distributing or interest paying | 3,506,551.74 | 2,150,643.04 |
| Including: Dividend and profit of minority shareholder paid by subsidiaries | ||
| Other cash paid concerning financing activities | 300,007,852.84 | |
| Subtotal of cash outflow from financing activities | 32,063,973.22 | 334,440,899.67 |
| Net cash flows arising from financing activities | 418,735,523.10 | -288,438,343.31 |
| IV. Influence on cash and cash equivalents due to fluctuation in exchange rate | -2,987,157.02 | 2,786,773.70 |
| V. Net increase of cash and cash equivalents | -22,641,686.68 | 220,173,055.42 |
| Add: Balance of cash and cash equivalents at the period -begin | 944,946,018.70 | 820,498,653.85 |
| VI. Balance of cash and cash equivalents at the period -end | 922,304,332.02 | 1,040,671,709.27 |
6. Cash Flow Statement of Parent Company
In RMB
| Item | Current period | Last period |
| I. Cash flows arising from operating activities: | ||
| Cash received from selling commodities and providing labor services | 1,541,310,249.92 | 942,284,898.63 |
| Write-back of tax received | ||
| Other cash received concerning operating activities | 8,502,620.54 | 16,951,317.73 |
| Subtotal of cash inflow arising from operating activities | 1,549,812,870.46 | 959,236,216.36 |
| Cash paid for purchasing commodities and receiving labor service | 1,021,805,390.79 | 534,597,972.02 |
| Cash paid to/for staff and workers | 266,515,834.88 | 183,338,674.87 |
| Taxes paid | 160,019,869.19 | 77,406,224.76 |
| Other cash paid concerning operating activities | 53,702,532.36 | 40,837,830.78 |
| Subtotal of cash outflow arising from operating activities | 1,502,043,627.22 | 836,180,702.43 |
| Net cash flows arising from operating activities | 47,769,243.24 | 123,055,513.93 |
| II. Cash flows arising from investing activities: | ||
| Cash received from recovering investment | 1,008,396,982.59 | 1,704,512,336.43 |
| Cash received from investment income | 40,472,557.02 | 199,861,009.29 |
| Net cash received from disposal of fixed, intangible and other long-term assets | 1,774,195.81 | 10,723.38 |
| Net cash received from disposal of subsidiaries and other units | ||
| Other cash received concerning investing activities | 59,375,295.26 | |
| Subtotal of cash inflow from investing activities | 1,050,643,735.42 | 1,963,759,364.36 |
| Cash paid for purchasing fixed, intangible and other long-term assets | 82,715,244.63 | 89,137,557.78 |
| Cash paid for investment | 1,263,065,000.00 | 1,375,448,157.81 |
| Net cash received from subsidiaries and other units obtained | ||
| Other cash paid concerning investing activities | 30,220,000.00 | |
| Subtotal of cash outflow from investing activities | 1,376,000,244.63 | 1,464,585,715.59 |
| Net cash flows arising from investing activities | -325,356,509.21 | 499,173,648.77 |
| III. Cash flows arising from financing activities | ||
| Cash received from absorbing investment | ||
| Cash received from loans | 100,000,000.00 | |
| Other cash received concerning financing activities | 5,000,000.00 | 16,620,000.00 |
| Subtotal of cash inflow from financing activities | 105,000,000.00 | 16,620,000.00 |
| Cash paid for settling debts | ||
| Cash paid for dividend and profit distributing or interest paying | 1,515,944.44 | 1,138,193.78 |
| Other cash paid concerning financing activities | 316,627,852.84 | |
| Subtotal of cash outflow from financing activities | 1,515,944.44 | 317,766,046.62 |
| Net cash flows arising from financing activities | 103,484,055.56 | -301,146,046.62 |
| IV. Influence on cash and cash equivalents due to fluctuation in exchange rate | -306,155.76 | 2,828,957.22 |
| V. Net increase of cash and cash equivalents | -174,409,366.17 | 323,912,073.30 |
| Add: Balance of cash and cash equivalents at the period -begin | 651,188,544.53 | 532,115,862.26 |
| VI. Balance of cash and cash equivalents at the period -end | 476,779,178.36 | 856,027,935.56 |
II. Explanation on financial statement adjustment
1. Financial statement adjustment at the beginning of the first year when implementation of new leasingrules from 2021
√ Applicable □Not applicable
Whether to adjust the balance sheet account at the beginning of the year
√ Yes □No
Consolidate balance sheet
In RMB
| Item | December 31, 2020 | January 1, 2021 | Adjustment amount |
| Current assets: | |||
| Monetary fund | 1,963,289,832.33 | 1,963,289,832.33 | |
| Trading financial assets | 3,518,432,939.10 | 3,518,432,939.10 | |
| Note receivable | 1,657,315,723.56 | 1,657,315,723.56 | |
| Account receivable | 2,824,780,352.41 | 2,824,780,352.41 | |
| Receivable financing | 1,005,524,477.88 | 1,005,524,477.88 | |
| Accounts paid in advance | 151,873,357.76 | 151,873,357.76 | |
| Other account receivable | 54,209,580.88 | 54,209,580.88 | |
| Dividend receivable | 49,000,000.00 | 49,000,000.00 | |
| Inventories | 2,877,182,174.64 | 2,877,182,174.64 | |
| Other current assets | 2,137,921,113.61 | 2,137,921,113.61 | |
| Total current assets | 16,190,529,552.17 | 16,190,529,552.17 | |
| Non-current assets: |
| Long-term equity investment | 4,801,488,290.97 | 4,801,488,290.97 | |
| Investment in other equity instrument | 285,048,000.00 | 285,048,000.00 | |
| Other non-current financial assets | 1,805,788,421.00 | 1,805,788,421.00 | |
| Investment real estate | 20,886,681.62 | 20,886,681.62 | |
| Fixed assets | 2,882,230,191.08 | 2,870,351,470.37 | -11,878,720.71 |
| Construction in progress | 243,795,493.04 | 243,795,493.04 | |
| Right-of-use assets | 23,828,070.70 | 23,828,070.70 | |
| Intangible assets | 454,412,947.69 | 454,412,947.69 | |
| Goodwill | 257,800,696.32 | 257,800,696.32 | |
| Long-term expenses to be apportioned | 15,062,171.09 | 15,062,171.09 | |
| Deferred income tax asset | 198,393,501.50 | 198,393,501.50 | |
| Other non-current asset | 195,259,441.73 | 195,259,441.73 | |
| Total non-current asset | 11,160,165,836.04 | 11,172,115,186.03 | 11,949,349.99 |
| Total assets | 27,350,695,388.21 | 27,362,644,738.20 | 11,949,349.99 |
| Current liabilities: | |||
| Short-term loans | 302,238,600.05 | 302,238,600.05 | |
| Note payable | 2,462,592,372.82 | 2,462,592,372.82 | |
| Account payable | 4,100,984,240.39 | 4,100,984,240.39 | |
| Accounts received in advance | 4,071,236.87 | 4,071,236.87 | |
| Contractual liability | 81,717,387.25 | 81,717,387.25 | |
| Wage payable | 332,421,811.82 | 332,421,811.82 | |
| Taxes payable | 67,493,690.29 | 67,493,690.29 | |
| Other account payable | 361,556,257.42 | 361,556,257.42 | |
| Including: Interest payable | 4,862.22 | 4,862.22 | |
| Non-current liabilities due within one year | 36,914,242.02 | 36,914,242.02 | |
| Other current liabilities | 222,871,087.33 | 222,871,087.33 | |
| Total current liabilities | 7,972,860,926.26 | 7,972,860,926.26 | |
| Non-current liabilities: | |||
| Long-term loans | 3,050,640.97 | 3,050,640.97 | |
| Lease liability | 17,811,603.05 | 17,811,603.05 | |
| Long-term account payable | 39,479,218.17 | 33,616,965.11 | -5,862,253.06 |
| Long-term wages payable | 181,980,293.94 | 181,980,293.94 | |
| Deferred income | 328,204,476.73 | 328,204,476.73 | |
| Deferred income tax liabilities | 30,653,933.12 | 30,653,933.12 |
| Total non-current liabilities | 583,368,562.93 | 595,317,912.92 | 11,949,349.99 |
| Total liabilities | 8,556,229,489.19 | 8,568,178,839.18 | 11,949,349.99 |
| Owner’s equity: | |||
| Share capital | 1,008,950,570.00 | 1,008,950,570.00 | |
| Capital public reserve | 3,294,242,368.28 | 3,294,242,368.28 | |
| Less: Inventory shares | 303,627,977.74 | 303,627,977.74 | |
| Other comprehensive income | 13,916,619.47 | 13,916,619.47 | |
| Reasonable reserve | 2,333,490.03 | 2,333,490.03 | |
| Surplus public reserve | 510,100,496.00 | 510,100,496.00 | |
| Retained profit | 13,756,102,424.62 | 13,756,102,424.62 | |
| Total owner’ s equity attributable to parent company | 18,282,017,990.66 | 18,282,017,990.66 | |
| Minority interests | 512,447,908.36 | 512,447,908.36 | |
| Total owner’ s equity | 18,794,465,899.02 | 18,794,465,899.02 | |
| Total liabilities and owner’ s equity | 27,350,695,388.21 | 27,362,644,738.20 | 11,949,349.99 |
Balance Sheet of Parent Company
In RMB
| Item | December 31, 2020 | January 1, 2021 | Adjustment amount |
| Current assets: | |||
| Monetary funds | 1,157,684,053.05 | 1,157,684,053.05 | |
| Trading financial assets | 3,452,348,980.19 | 3,452,348,980.19 | |
| Note receivable | 422,246,979.39 | 422,246,979.39 | |
| Account receivable | 982,782,279.22 | 982,782,279.22 | |
| Accounts paid in advance | 75,650,090.49 | 75,650,090.49 | |
| Other account receivable | 197,335,714.63 | 197,335,714.63 | |
| Including: Interest receivable | 897,777.78 | 897,777.78 | |
| Inventories | 725,276,241.43 | 725,276,241.43 | |
| Other current assets | 2,057,772,839.50 | 2,057,772,839.50 | |
| Total current assets | 9,071,097,177.90 | 9,071,097,177.90 | |
| Non-current assets: | |||
| Long-term equity investments | 5,978,128,303.88 | 5,978,128,303.88 | |
| Investment in other equity instrument | 209,108,000.00 | 209,108,000.00 | |
| Other non-current financial assets | 1,805,788,421.00 | 1,805,788,421.00 | |
| Fixed assets | 1,758,198,856.53 | 1,758,198,856.53 | |
| Construction in progress | 154,741,266.85 | 154,741,266.85 |
| Right-of-use assets | 1,699,807.76 | 1,699,807.76 | |
| Intangible assets | 208,112,706.57 | 208,112,706.57 | |
| Deferred income tax assets | 76,508,392.85 | 76,508,392.85 | |
| Other non-current assets | 117,013,906.01 | 117,013,906.01 | |
| Total non-current assets | 10,307,599,853.69 | 10,309,299,661.45 | 1,699,807.76 |
| Total assets | 19,378,697,031.59 | 19,380,396,839.35 | 1,699,807.76 |
| Current liabilities | |||
| Short-term borrowings | 102,088,888.89 | 102,088,888.89 | |
| Notes payable | 448,901,718.36 | 448,901,718.36 | |
| Account payable | 1,265,845,068.26 | 1,265,845,068.26 | |
| Contractual liability | 6,209,575.73 | 6,209,575.73 | |
| Wage payable | 216,870,819.60 | 216,870,819.60 | |
| Taxes payable | 32,974,322.59 | 32,974,322.59 | |
| Other accounts payable | 339,096,991.12 | 339,096,991.12 | |
| Other current liabilities | 182,611,991.54 | 182,611,991.54 | |
| Total current liabilities | 2,594,599,376.09 | 2,594,599,376.09 | |
| Non-current liabilities: | |||
| Lease liability | 1,699,807.76 | 1,699,807.76 | |
| Long term employee compensation payable | 176,245,345.03 | 176,245,345.03 | |
| Deferred income | 285,714,239.98 | 285,714,239.98 | |
| Total non-current liabilities | 461,959,585.01 | 463,659,392.77 | 1,699,807.76 |
| Total liabilities | 3,056,558,961.10 | 3,058,258,768.86 | 1,699,807.76 |
| Owners’ equity: | |||
| Share capital | 1,008,950,570.00 | 1,008,950,570.00 | |
| Capital public reserve | 3,407,732,016.61 | 3,407,732,016.61 | |
| Less: Inventory shares | 303,627,977.74 | 303,627,977.74 | |
| Surplus reserve | 510,100,496.00 | 510,100,496.00 | |
| Retained profit | 11,698,982,965.62 | 11,698,982,965.62 | |
| Total owner’s equity | 16,322,138,070.49 | 16,322,138,070.49 | |
| Total liabilities and owner’s equity | 19,378,697,031.59 | 19,380,396,839.35 | 1,699,807.76 |
2. Retrospective adjustment of the comparative data for initial new leasing rules from 2021
□Applicable √Not applicable
III. Audit report
Whether the 1
stquarterly report has been audited or not
□Yes √ No
The 1stquarterly report of the Company was unaudited
Board of Director ofWeifu High-Technology Group Co., Ltd
Chairman: ________Wang Xiaodong27 April 2021