Stock code: 000037, 200037 Stock abbreviation: Shen Nan Dian A, Shen Nan Dian B Announcement No.: 2023-021
Shenzhen Nanshan Power Co., Ltd.
First Quarter Report of 2023The Company and all members of the Board of Directors guarantee that the Quarterly Report contains nomisrepresentations, misleading statements or material omissions
Important notes:
1. The Board of Directors, the Board of Supervisors, all directors, supervisors and senior officers of the Companyguarantee that the Quarterly Report contains no misrepresentations, misleading statements or material omissions, andtake all responsibilities, individual and/or joint, for the reality, accuracy and completion of the whole contents.
2. The person in charge of the Company, the principal in charge of accounting, the CFO and the head of accountingdepartment (accounting supervisor) declare that they guarantee the authenticity, accuracy, and completeness of thefinancial information in the quarterly report.
3. Whether the first quarter report is audited
□ Yes ?No
I. Main financial data(I) Main accounting data and financial indexesWhether it has retroactive adjustment or re-statement on previous accounting data or not
□ Yes ?No
| Current period | The same period of previous year | Increase or decrease in the current reporting period year on year (%) | |
| Operating income (yuan) | 111,067,616.64 | 75,090,604.86 | 47.91% |
| Net profit attributable to the shareholders of the listed company (yuan) | -31,147,959.30 | -38,834,600.08 | 19.79% |
| Net profit attributable to the shareholders of the listed company after deducting non-recurring profit and loss (yuan) | -41,178,992.24 | -53,403,178.00 | 22.89% |
| Net cash flows from operating activities (yuan) | -36,865,225.55 | -34,049,453.61 | -8.27% |
| Basic earnings per share (yuan/share) | -0.0517 | -0.0644 | 19.72% |
| Diluted earnings per share (yuan/share) | -0.0517 | -0.0644 | 19.72% |
| Weighted average ROE | -2.16% | -2.43% | Increase by 0.27 percentage points |
| End of the reporting period | End of previous year | Increase or decrease at the end of the current reporting period year on year (%) | |
| Total assets (yuan) | 2,441,183,249.46 | 2,606,216,345.99 | -6.33% |
| Owner's equity attributable to the shareholders of the listed company (yuan) | 1,424,692,706.04 | 1,455,129,894.84 | -2.09% |
(II) Non-recurring profit and loss items and amounts?Applicable □ Not applicable
Unit: Yuan
| Item | Amount in the current reporting period | Notes |
| Gains/losses from the disposal of non-current asset (including the write-off that accrued for impairment of assets) | -5,685.97 | |
| Tax returns, deduction and exemption approved beyond the authority or without official approval documents | ||
| Governmental subsidy calculated into current gains and losses (while closely related with the normal business of the Company, the government subsidy that accord with the provision of national policies and are continuously enjoyed in line with a certain standard quota or quantity are excluded) | 2,002,061.76 | It mainly apportioned government subsidies related to assets |
| Capital occupancy expense, collected from non-financial enterprises and recorded in current profits and losses | ||
| Income from the exceeding part between investment cost |
| of the Company paid for obtaining subsidiaries, associates and joint-ventures and recognizable net assets fair value attributable to the Company when acquiring the investment | ||
| Profits and losses from exchange of non-monetary assets | ||
| Profits and losses from assets under trusted investment or management | ||
| Various provision for impairment of assets withdrew due to force majeure, such as natural disaster | ||
| Gains/losses on debt restructuring | ||
| Enterprise reorganizing expenses, such as employee accommodation costs and integration expenses, etc. | ||
| Profits and losses of the part arising from transaction in which price is not fair and exceeding fair value | ||
| Current net profits and losses occurred from period-begin to combination day by subsidiaries resulting from business combination under same control | ||
| Gains/losses arising from contingency that is not related to the normal operation business of the Company | ||
| Gains/losses of fair value changes arising from holding of the trading financial asset, trading financial liability and investment earnings obtained from disposing the trading financial asset, trading financial liability, and financial assets available for sale, except for the effective hedging business related to normal operation of the Company | 4,871,044.52 | Mainly wealth management income |
| Return of provision of impairment of account receivable which are treated with separate depreciation test | ||
| Profits and losses obtained from external trusted loans | ||
| Profits and losses arising from change of fair value of investment real estate whose follow-up measurement are conducted according to fair value pattern | ||
| Impact on current profits and losses after an one-time adjustment according to requirements of laws and regulations regarding to taxation and accounting | ||
| Trust fee obtained from trust operation | ||
| Other non-operating income and expenses other than those mentioned above | 3,970,353.10 | Mainly for line relocation and power outage compensation |
| Other profit and loss that meet the definition of non-recurring profit and loss | ||
| Less: impact on income tax | ||
| Impact on minority shareholders’ equity (after-tax) | 806,740.47 | |
| Total | 10,031,032.94 |
Details of other gains/losses items that meet the definition of non-recurring gains/losses
□ Applicable ?Not applicable
There are no other gains/losses items that meet the definition of non-recurring gains/losses in the Company.Explain the items defined as recurring profit (gain)/loss according to the lists of extraordinary profit (gain)/loss in Q&AAnnouncement No.1 on Information Disclosure for Companies Offering Their Securities to the Public --- ExtraordinaryProfit/loss
□ Applicable ?Not applicable
There are no items defined as recurring profit (gain)/loss according to the lists of extraordinary profit (gain)/loss in Q&AAnnouncement No.1 on Information Disclosure for Companies Offering Their Securities to the Public --- ExtraordinaryProfit/loss.
(III) Situation and reasons for changes in key accounting data and financial indexes?Applicable □ Not applicable
| Item | Percentage of change | Reason for change |
| Items of the balance sheet | ||
| Cash and cash equivalents | -52.06% | Mainly due to the return of bank borrowings and the purchase of structured deposits and certificates of deposit reduced cash and cash equivalents |
| Contract assets | -98.25% | Mainly engineering service income quality guarantee fund recovery |
| Other current assets | 43.50% | Mainly due to the increase in the purchase of certificates of deposit |
| Long-term borrowings | 134.47% | Mainly optimizing the debt structure, and increase in the bank's long-term borrowings. |
| Lease liabilities | -63.79% | Mainly due to the payment of lease in installments under the lease contract. |
| Item of the income statement | ||
| Operating income | 47.91% | Mainly due to the increase in electricity income. |
| Operating costs | 36.59% | Mainly due to the increase in energy output and the increase in fuel prices, leading the increase in natural gas cost |
| Selling and distribution expenses | -30.88% | Mainly due to the decrease in sales activity |
| R&D expenses | -35.17% | Mainly due to the decrease in R&D projects |
| Financial expenses | -38.73% | Mainly due to the decline in the scale of financing and the decrease in interest expenses on bank borrowings |
| Investment income | -57.56% | Mainly due to the decrease in wealth management income |
II. Shareholder information(I) Table of the total number of ordinary shares stockholders and the number of preferredshares stockholders with restored voting rights, as well as the shareholding status of the topten stockholders
Unit: shares
| Total number of ordinary shares shareholders at the end of the reporting period | 38,525 | Total number of preferred shareholders whose voting rights were restored as at the end of the reporting period (if any) | 0 | ||||
| Shareholding by the top 10 shareholders | |||||||
| Name of shareholders | Nature of shareholders | Shareholding ratio (%) | Number of shares held | Number of shares held with restrictive conditions for sales | Pledge, marking or freezing | ||
| Status of shares | Quantity | ||||||
| HONG KONG NAM HOI (INTERNATIONAL) LTD. | Overseas legal person | 15.28% | 92,123,248.00 | ||||
| Shenzhen Guangju Industrial Co., Ltd. | State-owned legal person | 12.22% | 73,666,824.00 | ||||
| Shenzhen Energy Group Co., Ltd. | State-owned legal person | 10.80% | 65,106,130.00 | ||||
| BOCI SECURITIES | Overseas legal person | 2.34% | 14,109,038.00 | ||||
| LIMITED | |||||||||
| Zeng Ying | Domestic natural persons | 1.19% | 7,159,600.00 | ||||||
| China Merchants Securities (HK) Co., Ltd. | Overseas legal person | 0.90% | 5,430,728.00 | ||||||
| Meiyi Investment Real Estate Co., Ltd. | Domestic non-state-owned legal person | 0.87% | 5,223,200.00 | ||||||
| Haitong International Securities Company Limited-Account Client | Overseas legal person | 0.65% | 3,908,357.00 | ||||||
| Huang Yilong | Domestic natural persons | 0.64% | 3,866,500.00 | ||||||
| Li Baoqin | Domestic natural persons | 0.51% | 3,048,150.00 | ||||||
| Shareholdings of the top 10 shareholders without sales restriction | |||||||||
| Name of shareholders | Number of shares held without restrictive conditions for sales | Type of shares | |||||||
| Type of shares | Quantity | ||||||||
| HONG KONG NAM HOI (INTERNATIONAL) LTD. | 92,123,248.00 | Foreign shares listed domestically | 92,123,248.00 | ||||||
| Shenzhen Guangju Industrial Co., Ltd. | 73,666,824.00 | RMB ordinary shares | 73,666,824.00 | ||||||
| Shenzhen Energy Group Co., Ltd. | 65,106,130.00 | RMB ordinary shares | 65,106,130.00 | ||||||
| BOCI SECURITIES LIMITED | 14,109,038.00 | Foreign shares listed domestically | 14,109,038.00 | ||||||
| Zeng Ying | 7,159,600.00 | Foreign shares listed domestically | 7,159,600.00 | ||||||
| China Merchants Securities (HK) Co., Ltd. | 5,430,728.00 | Foreign shares listed domestically | 5,430,728.00 | ||||||
| Meiyi Investment Real Estate Co., Ltd. | 5,223,200.00 | RMB ordinary shares | 5,223,200.00 | ||||||
| Haitong International Securities Company Limited-Account Client | 3,908,357.00 | Foreign shares listed domestically | 3,908,357.00 | ||||||
| Huang Yilong | 3,866,500.00 | RMB ordinary shares | 3,866,500.00 | ||||||
| Li Baoqin | 3,048,150.00 | Foreign shares listed domestically | 3,048,150.00 | ||||||
| Explanation of the association of the above shareholders or concerted actions | 1. Shenzhen Energy Group Co., Ltd. holds 100% equity interest in HONG KONG NAM HOI (INTERNATIONAL) LTD. 2. The company does not know whether the above-mentioned other public | ||||||||
| shareholders have any association or are persons acting in concert. | |
| Notes on the participation of the top 10 shareholders in margin trading (if any) | N/A |
(II) Total preferred shareholders of the Company and shareholding statement of the top 10preferred shareholders
□ Applicable ?Not applicable
III. Other important matters
□ Applicable ?Not applicable
IV. Quarterly financial statements(I) Financial statements
1. Consolidated balance sheet
Prepared by: Shenzhen Nanshan Power Co., Ltd.
Unit: Yuan
| Item | Ending balance | Beginning balance |
| Current assets: | ||
| Cash and cash equivalents | 323,839,061.47 | 675,496,266.40 |
| Deposit reservation for balance | ||
| Lending funds | ||
| Financial assets held for trading | 550,013,571.10 | 440,013,571.10 |
| Derivative financial assets | ||
| Notes receivable | ||
| Accounts receivable | 143,001,250.65 | 135,833,492.64 |
| Receivables financing | ||
| Advances to suppliers | 42,043,226.11 | 45,448,287.86 |
| Premiums receivable | ||
| Reinsurance accounts receivable | ||
| Reinsurance contract reserves receivable | ||
| Other receivables | 16,908,506.32 | 18,314,003.84 |
| Including: interest receivable | ||
| Dividends receivable | ||
| Financial assets purchased under resale agreements | ||
| Inventories | 85,393,556.75 | 85,279,298.35 |
| Contract assets | 3,793.55 | 217,009.58 |
| Assets held for sale | ||
| Non-current assets due within one year | ||
| Other current assets | 270,127,878.58 | 188,248,840.44 |
| Total current assets | 1,431,330,844.53 | 1,588,850,770.21 |
| Non-current assets: | ||
| Loans and advances to customers | ||
| Creditors' investments | ||
| Other creditors' investments | ||
| Long-term receivables | ||
| Long-term equity investments | 83,637,860.92 | 83,496,098.24 |
| Other investments in equity instruments | 300,615,000.00 | 300,615,000.00 |
| Other non-current financial assets | ||
| Investment properties | 1,791,149.80 | 1,833,344.20 |
| Fixed assets | 585,304,276.33 | 591,290,204.31 |
| Construction in progress | 5,075,611.78 | 4,861,062.16 |
| Productive biological assets | ||
| Oil and gas assets | ||
| Right-of-use assets | 6,347,450.03 | 7,707,617.90 |
| Intangible assets | 19,626,892.11 | 19,799,355.12 |
| Development expenses | ||
| Goodwill | ||
| Long-term deferred expenses | 1,094,796.40 | 1,219,129.18 |
| Deferred income tax assets | 1,172,366.49 | 1,172,366.49 |
| Other non-current assets | 5,187,001.07 | 5,371,398.18 |
| Total non-current assets | 1,009,852,404.93 | 1,017,365,575.78 |
| Total assets | 2,441,183,249.46 | 2,606,216,345.99 |
| Current liabilities: | ||
| Short-term borrowings | 721,303,333.86 | 879,957,857.44 |
| Borrowings from central bank | ||
| Borrowing funds | ||
| Transactional financial liabilities | ||
| Derivative financial liabilities | ||
| Notes payable | 137,298,902.17 | 137,298,902.17 |
| Accounts payable | 4,361,871.56 | 5,227,836.22 |
| Advances from customers | ||
| Contract liabilities | ||
| Financial assets sold under repurchase agreements | ||
| Deposits from customers and interbank |
| Receivings from vicariously traded securities | ||
| Receivings from vicariously sold securities | ||
| Employee compensation payable | 26,330,484.20 | 29,296,815.07 |
| Taxes payable | 4,135,389.16 | 5,107,666.73 |
| Other payables | 19,866,018.27 | 22,997,466.80 |
| Including: interests payable | ||
| Dividends payable | ||
| Handling charges and commissions payable | ||
| Reinsurance accounts payable | ||
| Liabilities held for sale | ||
| Non-current liabilities due within one year | 6,087,165.66 | 6,014,119.95 |
| Other current liabilities | 21,600.00 | 21,600.00 |
| Total current liabilities | 919,404,764.88 | 1,085,922,264.38 |
| Non-current liabilities: | ||
| Reserves for insurance contracts | ||
| Long-term borrowings | 65,698,977.57 | 28,019,758.68 |
| Bonds payable | ||
| Including: preferred shares | ||
| Perpetual bond | ||
| Lease liabilities | 819,111.01 | 2,262,160.03 |
| Long-term payables | ||
| Long-term employee compensation payable | ||
| Estimated liabilities | 15,000,000.00 | 15,000,000.00 |
| Deferred income | 80,554,725.80 | 82,145,596.60 |
| Deferred income tax liabilities | ||
| Other non-current liabilities | 47,511.72 | 47,511.72 |
| Total non-current liabilities | 162,120,326.10 | 127,475,027.03 |
| Total liabilities | 1,081,525,090.98 | 1,213,397,291.41 |
| Owner's equity: | ||
| Share capital | 602,762,596.00 | 602,762,596.00 |
| Other equity instruments | ||
| Including: preferred shares | ||
| Perpetual bond | ||
| Capital reserves | 362,770,922.10 | 362,770,922.10 |
| Less: treasury stock | ||
| Other comprehensive income | -2,500,000.00 | -2,500,000.00 |
| Special reserves | 710,770.50 | |
| Surplus reserves | 332,908,397.60 | 332,908,397.60 |
| General risk reserves | ||
| Undistributed profit | 128,040,019.84 | 159,187,979.14 |
| Total equity attributable to the owners of the parent company | 1,424,692,706.04 | 1,455,129,894.84 |
| Minority equity | -65,034,547.56 | -62,310,840.26 |
| Total owner's equity | 1,359,658,158.48 | 1,392,819,054.58 |
| Total liabilities and owner's equity | 2,441,183,249.46 | 2,606,216,345.99 |
Legal representative: Kong Guoliang Principal in charge of accounting: Chen Yuhui CFO: Zhang Xiaoyin Head ofaccounting department: Lin Xiaojia
2. Consolidated income statement
Unit: Yuan
| Item | Amount incurred in current period | Amount incurred in current period |
| I. Total operating income | 111,067,616.64 | 75,090,604.86 |
| Including: operating income | 111,067,616.64 | 75,090,604.86 |
| Interest income | ||
| Premiums earned | ||
| Income from handling charges and commissions | ||
| II. Total operating costs | 155,909,683.28 | 132,092,392.82 |
| Including: operating costs | 126,842,855.91 | 92,865,406.58 |
| Interest expense | ||
| Handling charges and commissions expenses | ||
| Surrender value | ||
| Net amount of compensation payout | ||
| Net amount of reserves for reinsurance contract | ||
| Policy dividends | ||
| 分保费用 Reinsurance costs | ||
| Taxes and surcharges | 637,958.75 | 749,728.35 |
| Selling and distribution expenses | 62,973.97 | 91,107.81 |
| G&A expenses | 17,524,144.58 | 21,201,558.67 |
| R&D expenses | 5,693,516.08 | 8,782,597.51 |
| Financial expenses | 5,148,233.99 | 8,401,993.90 |
| Including: interest expense | 7,293,315.78 | 10,038,591.90 |
| Interest income | 2,373,844.43 | 1,663,629.52 |
| Plus: other incomes | 2,002,061.76 | 1,961,007.25 |
| Investment income (loss indicated by “-”) | 5,012,807.20 | 11,810,186.35 |
| Including: investment | 141,762.68 | -814,037.41 |
| income to associates and joint ventures | ||
| Recognized gain of financial assets calculated based on amortized cost at end of period | ||
| Exchange gain (loss indicated by "-") | ||
| Net exposure hedging gain (loss indicated by "-") | ||
| Gains from changes in fair value (loss indicated by "-") | ||
| Loss from credit impairment (loss indicated by “-”) | ||
| Asset impairment loss (loss indicated by “-”) | ||
| Profit from disposal of assets (loss indicated by "－") | ||
| III. Operating profit (loss indicated by “-”) | -37,827,197.68 | -43,230,594.36 |
| Plus: non-operating income | 3,975,125.39 | |
| Less: non-operating expenses | 10,458.26 | 12,553.21 |
| IV. Total profit (loss indicated by “-”) | -33,862,530.55 | -43,243,147.57 |
| Less: income tax expenses | 9,136.05 | |
| V. Net profit (net loss indicated by “-”) | -33,871,666.60 | -43,243,147.57 |
| (I) Classified as per business continuity | ||
| 1. Net profit from continuing operation (net loss indicated by “-”) | -33,871,666.60 | -43,243,147.57 |
| 2. Net profit from discontinuing operations (net loss indicated by “-”) | ||
| (II) Classified as per attribution of ownership | ||
| 1. Net profit attributable to the owners of the parent company | -31,147,959.30 | -38,834,600.08 |
| 2. Profit and loss of minority shareholders | -2,723,707.30 | -4,408,547.49 |
| VI. After-tax net of other comprehensive incomes | ||
| After-tax net of other comprehensive incomes attributable to owners of the parent company | ||
| (I) Other comprehensive incomes which cannot be reclassified into the profit and loss in future | ||
| 1. Change due to re-measurement of defined benefit plans | ||
| 2. Other comprehensive incomes which cannot be reclassified into the profit and loss under the Equity Method | ||
| 3. Changes in fair value caused by other equity instrument investments |
| 4. Change in fair value of enterprise credit risk | ||
| 5. Miscellaneous | ||
| (II) Other comprehensive incomes which will be reclassified into the profit and loss in future | ||
| 1. Other comprehensive incomes that can be reclassified into the profit and loss under the Equity Method | ||
| 2. Changes in fair value of other debt investments | ||
| 3. Amount included in other comprehensive income after reclassification of financial assets | ||
| 4. Credit impairment reserve of other debt investments | ||
| 5. Cash flow hedge reserve | ||
| 6. Translation differences in foreign currency financial statements | ||
| 7. Miscellaneous | ||
| After-tax net of other comprehensive incomes attributable to minority shareholders | ||
| VII. Total comprehensive income | -33,871,666.60 | -43,243,147.57 |
| Total consolidated income attributable to the parent company | -31,147,959.30 | -38,834,600.08 |
| Total consolidated income attributable to minority shareholder | -2,723,707.30 | -4,408,547.49 |
| VIII. Earnings per share: | ||
| (I) Basic earnings per share | -0.0517 | -0.0644 |
| (II) Diluted earnings per share | -0.0517 | -0.0644 |
In case of the business combination under the same control during the current period, the net profit realized by thecombined party before the combination was 0.00 yuan, and the net profit realized by the combined party in theprevious period was 0.00 yuan.Legal representative: Kong Guoliang Principal in charge of accounting: Chen Yuhui CFO: Zhang Xiaoyin Head ofaccounting department: Lin Xiaojia
3. Consolidated statement of cash flows
Unit: Yuan
| Item | Amount incurred in current period | Amount incurred in current period |
| I. Cash flows from operating activities: | ||
| Net increase in deposits from customers and due from banks and other financial institutions | 118,687,636.19 | 77,508,218.24 |
| Net increase in customer bank deposits and placement from banks and other financial institutions | ||
| Net increase in borrowings from the central bank |
| Net increase in loans from other financial institutions | ||
| Cash received from premium of original insurance contract | ||
| Net cash received from reinsurance business | ||
| Net increase in deposits and investments from policyholders | ||
| Cash received from interest, handling charges and commissions | ||
| Net increase in loans from banks and other financial institutions | ||
| Net increase in capital from repurchase business | ||
| Net cash received from vicariously traded securities | ||
| Refunds of taxes and surcharges | 258,379.09 | |
| Cash received from other operating activities | 7,112,925.06 | 7,544,718.92 |
| Sub-total of cash inflows from operating activities | 125,800,561.25 | 85,311,316.25 |
| Cash paid for goods purchased and services received | 114,751,562.51 | 70,023,157.06 |
| Net increase in loans and advances to customers | ||
| Net increase in deposits in central bank and other banks and financial institutions | ||
| Cash paid for original insurance contract claims | ||
| Net increase in loans to banks and other financial institutions | ||
| Cash paid for interest, handling charges and commissions | ||
| Cash paid for policy dividends | ||
| Cash paid to and on behalf of employees | 30,874,421.30 | 33,460,965.27 |
| Cash paid for taxes and surcharges | 8,332,669.15 | 5,414,686.30 |
| Cash paid for other operating activities | 8,707,133.84 | 10,461,961.23 |
| Sub-total of cash outflows from operating activities | 162,665,786.80 | 119,360,769.86 |
| Net cash flows from operating activities | -36,865,225.55 | -34,049,453.61 |
| II. Cash flows from investing activities: | ||
| Cash received from disposal of investments | ||
| Cash received from returns on investments | 4,871,044.52 | 7,002,305.94 |
| Net cash received from disposal of fixed assets, intangible assets and other long-term assets | 553,380.00 |
| Net cash received from disposal of subsidiaries and other business units | ||
| Cash received from other investing activities | ||
| Sub-total of cash inflows from investing activities | 5,424,424.52 | 7,002,305.94 |
| Cash paid to acquire and construct fixed assets intangible assets and other long-term assets | 2,390,879.00 | 1,252,945.73 |
| Cash paid for investments | 110,000,000.00 | 352,639,408.31 |
| Net increase in pledged loans | ||
| Net cash paid to acquire subsidiaries and other business units | ||
| Cash paid for other investing activities | 80,000,000.00 | |
| Sub-total of cash outflows from investing activities | 192,390,879.00 | 353,892,354.04 |
| Net cash flows from investing activities | -186,966,454.48 | -346,890,048.10 |
| III. Cash flows from financing activities: | ||
| Cash received from investors | ||
| Including: cash received by subsidiaries from investments by minority shareholders | ||
| Cash received from borrowings | 51,185,377.44 | 369,336,296.23 |
| Cash received from other financing activities | ||
| Sub-total of cash inflows from financing activities | 51,185,377.44 | 369,336,296.23 |
| Cash paid for debt repayments | 175,373,796.22 | 201,492,740.80 |
| Cash paid for distribution of dividends and profits or payment of interests | 3,520,921.89 | 2,897,630.69 |
| Including: dividends and profits paid to minority shareholders by subsidiaries | ||
| Cash paid for other financing activities | ||
| Sub-total of cash outflows from financing activities | 178,894,718.11 | 204,390,371.49 |
| Net cash flows from financing activities | -127,709,340.67 | 164,945,924.74 |
| IV. Effect of fluctuation in exchange rate on cash and cash equivalents | -116,184.23 | -25,751.17 |
| V. Net increase in cash and cash equivalents | -351,657,204.93 | -216,019,328.14 |
| Plus: beginning balance of cash and cash equivalents | 675,496,266.40 | 689,604,633.59 |
| VI. Ending balance of cash and cash equivalents | 323,839,061.47 | 473,585,305.45 |
Legal representative: Kong Guoliang Principal in charge of accounting: Chen Yuhui CFO: Zhang Xiaoyin Head ofaccounting department: Lin Xiaojia
(II) Auditor's report
Whether the first quarter report is audited
□ Yes ?No
The first quarter report has not been audited.
Board of Directors of Shenzhen Nanshan Power Co., Ltd.
April 26, 2023