ZHEJIANG DAHUA TECHNOLOGY CO., LTD.
PRELIMINARY FINANCIAL DATAFOR THE FIRST HALF OF 2020
The Company and all members of the Board of Directors hereby guarantee that theinformation disclosed herein is authentic, accurate and complete and free of any falserecords, misleading statements or material omissions.Special prompt:
The semi-annual financial data of 2020 contained in this Report is only preliminaryaccounting data, which has been audited by the internal audit department of the Company, buthasn't been audited by the accounting firm yet, and may be different from the final data disclosedin the semi-annual report. Therefore, please pay attention to the investment risks.
I. KEY ACCOUNTING DATA AND FINANCIAL INDICATORS FOR THE FIRSTHALF YEAR OF 2020(in RMB, except per share data, unaudited)
| Item Name | The current reporting period | The corresponding period of last year | Increase/ Decrease |
| Total operating revenue | 9,838,328,853.62 | 10,806,566,370.89 | -8.96% |
| Operating Profit | 1,546,202,720.04 | 1,360,678,823.45 | 13.63% |
| Total Profit | 1,540,292,314.38 | 1,367,835,559.96 | 12.61% |
| Net profits attributable to shareholders of the Company | 1,369,799,013.73 | 1,238,880,948.74 | 10.57% |
| Basic earnings per share (RMB) | 0.47 | 0.42 | 11.90% |
| Weighted average ROE | 8.36% | 9.40% | -1.04% |
| At the end of the current reporting period | At the beginning of the current reporting period | Increase/ Decrease |
| Total assets | 29,537,703,391.80 | 29,564,650,212.93 | -0.09% |
| Owners’ equity attributable to shareholders of the Company | 16,995,467,121.85 | 15,643,007,027.91 | 8.65% |
| Share Capital | 3,001,465,530.00 | 3,003,713,230.00 | -0.07% |
| Net asset per share attributable to shareholders of the Company | 5.66 | 5.21 | 8.64% |
Note: (1) The above data shall be filled with the data set out in the Company's consolidatedstatements;
(2) During the reporting period, the Company carried out corresponding accountingtreatments for the buy-back and cancellation of part of the restricted stocks, changing theCompany's total share capital from 3,003,713,230 shares to 3,001,465,530 shares.II. INFORMATION ABOUT OPERATING RESULTS AND FINANCIAL POSITIONDuring the reporting period, the Company has achieved a total operating income of RMB9,838,328,853.62, representing a decrease of 8.96% on a year-on-year basis; an operating profit ofRMB 1,546,202,720.04, representing an increase of 13.63% on a year-on-year basis; a total profitof RMB 1,540,292,314.38, representing an increase of 12.61% on a year-on-year basis; and a netprofit attributable to the shareholders of the listed company of RMB 1,369,799,013.73,representing an increase of 10.57% on a year-on-year basis. The outbreak of the COVID-19pandemic all over the world in the first half of 2020 imposed certain effect on the development ofthe Company's business, and the implementation and acceptance of several projects have beendelayed. The Company actively responded to the challenges brought by the changes in the externalenvironment, continuously strengthened the accuracy and effectiveness of investment, optimizedthe cost structure and at the same time, increased research and development investment andlaunched new products to meet the market demands, thus further improving the level of refinedmanagement and promoting the continuous growth of the company's performance.
III. EXPLANATION FOR DISCREPANCIES FROM PREVIOUS OPERATINGRESULTS EXPECTATION
The Company did not make an anticipation to the performance of the first half of 2020 priorto the disclosure of this Performance Report.
IV. DOCUMENTS AVAILABLE FOR INSPECTION
1. Comparative balance sheet and profit statement signed and sealed by the incumbent legalrepresentative, the chief accountant and the person in charge of accounting institution (AccountingOfficer) of the Company.
2. Internal audit report signed by the responsible person of the internal audit department.
It is hereby notified the above.
Board of Directors of Zhejiang Dahua Technology Co., Ltd.
July 29, 2020