2020
StockCode:000613,200613ShortFormoftheStock:Dadonghai-A,Dadonghai-B
海南大东海旅游中心股份有限公司HainanDadonghaiTourismCentre(Holdings)Co.,Ltd.
THETHIRDQUARTERLYREPORT
FOR2020(FULL-TEXT)
Dateofdisclosure:29October2020
2020
SectionI.ImportantNotesBoardofDirectorsandtheSupervisoryCommitteeofHainanDadonghaiTourismCentre(Holdings)Co.,Ltd.(hereinafterreferredtoastheCompany)anditsdirectors,supervisorsandseniorexecutivesherebyconfirmthattherearenoanyfictitiousstatements,misleadingstatements,orimportantomissionscarriedinthisreport,andshalltakeallresponsibilities,individualand/orjoint,forthereality,accuracyandcompletionofthewholecontents.AlldirectorsoftheCompanyareattendedtheMeetingforquarterlyreportdeliberation.PrincipaloftheCompanyYuanXiaoping,PersoninChargeofAccountingWorksFuZongrenandPersoninChargeofAccountingOrgan(AccountingOfficer)FuZongrenherebyconfirmthattheFinancialReportoftheThirdQuarterlyReportisauthentic,accurateandcomplete.
2020
SectionII.BasicinformationofCompanyI.MainaccountingdataandindexWhetherithasretroactiveadjustmentorre-statementonpreviousaccountingdataornot
□Yes√No
Currentperiod-endPeriod-endoflastyearIncrease/decreaseTotalassets(RMB)95,880,072.6087,521,184.259.55%Netassetsattributabletoshareholdersoflistedcompany(RMB)
69,765,651.1378,486,603.96-11.11%
Currentperiod
Increase/decreaseincomparisonwithsameperiodoflast
year
Year-begintoendof
thePeriod
Increase/decreaseincomparisonwithyear-begintoPeriod-endof
lastyearOperatingrevenue(RMB)3,377,869.34-7.47%8,359,741.34-53.28%Netprofitattributabletoshareholdersofthelistedcompany(RMB)
-2,089,502.41-80.93%-8,720,952.83-2,086.20%Netprofitattributabletoshareholdersofthelistedcompanyafterdeductingnon-recurringgainsandlosses(RMB)
-2,560,710.14-19.62%-9,108,465.01-489.61%Netcashflowarisingfromoperatingactivities(RMB)
-2,314,610.54-939.67%-7,103,801.46-778.63%Basicearningspershare(RMB/Share)-0.0057-81.25%-0.0240-2,081.82%Dilutedearningspershare(RMB/Share)
-0.0057-81.25%-0.0240-2,081.82%WeightedaverageROE-2.82%-1.33%-11.77%-11.26%Itemsandamountofextraordinaryprofit(gains)/losses
√Applicable□Notapplicable
InRMBItem
Amountfromyear-begin
toendofthePeriod
NoteGains/lossesfromthedisposalofnon-currentasset(includingthewrite-offthataccruedforimpairmentofassets)
-19,129.52LossofscrappedfixedassetsGovernmentalsubsidyreckonedintocurrentgains/losses(notincludingthesubsidyenjoyedinquotaorrationaccordingtonationalstandards,whicharecloselyrelevanttoenterprise’sbusiness)
447,847.72
Incentivefundstosupportthedevelopmentoftheinboundtourismmarketbygovernmentandthetaxpreferenceofadditionalsubtractfor
2020
inputtaxoftheVATOthernon-operatingincomeandexpenditureexceptfortheaforementioneditems
-41,206.02
Compensationforearlyterminationof
thecontractandotherrevenueTotal
387,512.18--Concerningtheextraordinaryprofit(gain)/lossdefinedbyQ&AAnnouncementNo.1onInformationDisclosureforCompaniesOfferingTheirSecuritiestothePublic---ExtraordinaryProfit/loss,andtheitemsdefinedasrecurringprofit(gain)/lossaccordingtothelistsofextraordinaryprofit(gain)/lossinQ&AAnnouncementNo.1onInformationDisclosureforCompaniesOfferingTheirSecuritiestothePublic---ExtraordinaryProfit/loss,explainreasons
□Applicable√Notapplicable
TheCompanyhasnoitemsdefinedasrecurringprofit(gain)/lossaccordingtothelistsofextraordinaryprofit(gain)/lossinQ&AAnnouncementNo.1onInformationDisclosureforCompaniesOfferingTheirSecuritiestothePublic---ExtraordinaryProfit/loss,intheperiodII.Statementofthetotalshareholdersandshares-heldoftoptenshareholdersatendofthePeriod
1.Numberofcommonshareholdersandpreferenceshareholderswithvotingrightsrecoveredandtoptencommonshareholders
InshareTotalcommonshareholdersinreportingperiod-end
38,593
Totalpreferenceshareholderswithvotingrightsrecoveredatendofreportingperiod
ToptenshareholdersShareholders
Natureofshareholder
Proportionofsharesheld
Amountofsharesheld
Amountofrestrictedsharesheld
Numberofsharepledged/frozenStateofshare
AmountLuoniushanCo.,Ltd.
Domesticnonstate-ownedcorporate
17.55%63,885,9800Pledge44,720,186YangMeiqin
Domesticnatureperson
4.47%16,279,0280PanAnjie
Domesticnatureperson
4.01%14,593,5980HaiNanYaAnJuPropertyServiceCo.,Ltd.
Domesticnonstate-ownedcorporate
2.25%8,205,8000ChenJinlian
Domesticnatureperson
2.13%7,766,4000PanAipingDomesticnature
1.13%4,110,7380
2020
personChinaInvestmentSecurities(HK)Co.,Ld.–customerdeposit
Foreigncorporate0.99%3,622,3000ShenwanHongyuanSecurities(HongKong)Co.,Ltd.
Foreigncorporate0.84%3,056,3900ZhangFengxiu
Domesticnature
person
0.84%3,041,3720SunHuiming
Domesticnatureperson
0.79%2,888,6900Particularabouttoptenshareholderswithun-restrictsharesheldShareholders’name
Amountofunrestrictedsharesheldatreporting
period-end
TypeofsharesTypeAmountLuoniushanCo.,Ltd.63,885,980RMBordinaryshares63,885,980YangMeiqin16,279,028
Domesticallylistedforeignshares
16,279,028PanAnjie14,593,598
Domesticallylistedforeignshares
14,593,598HaiNanYaAnJuPropertyServiceCo.,Ltd.8,205,800RMBordinaryshares8,205,800ChenJinlian7,766,400
Domesticallylistedforeignshares
7,766,400PanAiping4,110,738
Domesticallylistedforeignshares
4,110,738ChinaInvestmentSecurities(HK)Co.,Ld.–customerdeposit
3,622,300RMBordinaryshares3,622,300ShenwanHongyuanSecurities(HongKong)Co.,Ltd.3,056,390
Domesticallylistedforeignshares
3,056,390ZhangFengxiu30,413,722RMBordinaryshares3,041,372SunHuiming2,888,690
Domesticallylistedforeignshares
2,888,690
Explanationonassociatedrelationshipamongtheaforesaidshareholders
Amongtheaboveshareholders,HainanYa’anResidencePropertyServiceCo.,Ltd.isthewholly-ownedsubsidiaryofLuoniushanCo.,Ltd;YangMeiqin,ChenJinlianandPanAipingaretherelativesofPanAnjie,theyalldeclaredthattherewasnoconcertedactionrelationshipbetweenthem;theCompanyisunknownwhetherthereexistsassociatedrelationshiporbelongstotheconsistentactorregulatedbytheManagementMeasureofInformationDisclosureonChangeofShareholdingforListedCompanyamongtheothershareholders.ExplanationonshareholdersinvolvingmarginbusinessN/A
2020
abouttoptencommonshareholders
Whethertoptencommonshareholdersortoptencommonshareholderswithun-restrictsharesheldhaveabuy-backagreementdealinginreportingperiod
□Yes√No
Toptencommonshareholdersortoptencommonshareholderswithun-restrictsharesnotheldhaveabuy-backagreementdealinginreportingperiod.
2.Totalofshareholderswithpreferredstockheldandthetoptenshareholdings
□Applicable√Notapplicable
2020
SectionIII.ImportanteventsI.Particularaboutmajorchangesfromitemsofmainaccountingstatementsandfinancialindexesaswellasreasons
√Applicable□Notapplicable
ItemChangesandreasonsI.BalancesheetAccountsreceivable
Adecreaseof45.40%comparedwiththatoflastyear-end,mainlyduetothecollectionofreceivable.Otheraccountreceivable
Anincreaseof60.84%comparedwiththatoflastyear-end,mainlybecauseaccountsreadyforsettlementincreased.Othercurrentassets
Anincreaseof49.14%comparedwiththatoflastyear-end,mainlybecausetheinputtaxofVATreadyfordeductionincreased.EmployeecompensationpayableAdecreaseof40.83%comparedwiththatoflastyear-end,mainlybecausethe
annualbonusaccruallastyearispaidintheperiod.OtherpayableAdecreaseof54.78%comparedwiththatoflastyear-end,mainlyduetothe
declineofleasedeposit.Non-currentliabilitiesduewithinoneyearAnincreaseof100%comparedwiththatoflastyear-end,mainlyduetothe
long-termloansthatisdueforrepaymentwithinoneyear.LongtermloanAnincreaseof100%comparedwiththatoflastyear-end,mainlybecausebank
loansincreased.II.ProfitstatementOperatingincomeAdecreaseof53.28%fromayearearlier,mainlybecauseaffectedbyepidemicin
firsthalfoftheyear,operationrevenuedeclined.TaxesandsurchargesAdecreaseof33.88%fromayearearlier,mainlyaffectedbythetax-reduction
andfee-cutspolicyforepidemicbythegovernment.OtherincomeAnincreaseof123.92%fromayearearlier,mainlyaffectedbythepolicyof
additionalsubtractforVAT.Non-operatingexpensesAnincreaseof2527.67%fromayearearlier,mainlyduetothecompensationfor
terminationofcontractIII.CashflowstatementCashreceivedfromsellinggoodsandprovidingservicesAdecreaseof57.60%fromayearearlier,mainlybecauseaffectedbyepidemicin
firsthalfoftheyear,operationrevenuedeclined.Othercashreceivedconcerningoperatingactivities
Adecreaseof46.43%fromayearearlier,mainlybecauseutilitiesdeclinedfor
theepidemic.VarioustaxespaidAdecreaseof63.46%fromayearearlier,mainlyaffectedbythetax-reduction
andfee-cutspolicyforepidemicbythegovernment.Cashpaidforpurchasingfixedassets,intangibleassets
otherlong-termassets
Anincreaseof42.18%fromayearearlier,mainlybecausescaleofrenovation
investmentforhotelincreasedcomparedwiththepreviousyearCashreceivedfromloans
Anincreaseof100%fromayearearlier,mainlybecausereceivedbankloansin
theperiodwhilenosuchitemoccurredlastyear.
2020
Cashpaidfordividendandprofitdistributingorinterestpaying
Anincreaseof100%fromayearearlier,mainlybecausepayingtheloaninterestintheperiodwhilenosuchitemoccurredlastyear.Netcashflowsarisingfromoperatingactivities
Adecreaseof778.63%fromayearearlier,mainlybecausetheoperationrevenuedropsharplyintheperiod.Netcashflowsarisingfrominvestingactivities
Anincreaseof43.21%fromayearearlier,mainlybecausescaleofrenovationinvestmentforhotelincreasedcomparedwiththepreviousyearNetcashflowsarisingfromfinancingactivities
Anincreaseof100%fromayearearlier,mainlybecausereceivedbankloansandpayinginterestintheperiodwhilenosuchitemsoccurredlastyear.
II.Progressofsignificantevents,theirinfluences,andanalysisandexplanationoftheirsolutions
√Applicable□Notapplicable
Pleaseseethetablebelow.
Overview
Datefordisclosure
Informationindexfortemporaryreport
disclosureLawyer’sLetterreceivedbytheCompany:BasedonthepreliminarycalculationbySanyaPowerSupplyBureau,totally10,313,373KWHwasundercountedfromJuly2006toApril2016underthenameofSouthChinaHotel.Currently,theCompanystillinnegotiationandcommunicationwithSanyaPowerSupplyBureau,relevantresultsarenotcomesout.
May31,2016
“NoticeofReceivingtheLawyer’sLetter(NoticeNo.:2016-016)”releasedonSecuritiesTimes,HongKongCommercialDailyandJuchaoWebsite
HainanDadonghaiTourismCentreGroupCo.,Ltd.borrowed2.76millionyuanand4.55millionyuanfromHainanDadonghaiTourismCentre(Holdings)Co.,Ltd.onOctober16,1996andDecember26,1996respectively.Thetwoborrowingstotaled7.31millionyuanandhaven’tbeenrepaidyet.Thecompanysubmitteda"CivilComplaint"andrelatedevidencematerialstotheSanyaSuburbanPeople'sCourt(hereinafterreferredtoasthe"Court").ThefirstinstancerejectstheclaimoftheCompanyandtheCompanyfiledanappeal.Thesecondinstanceruledtorevokethejudgmentoffirstinstanceandsupportingthecompany’sappeal.
June4,2019
AnnouncementonSignificantLitigation(AnnouncementNo.:2019-017)publishedbySecuritiesTimes,HongKongCommercialDailyandwww.cninfo.com.cn.June13,2020
AnnouncementonSignificantLitigation(AnnouncementNo.:2020-021)publishedbySecuritiesTimes,HongKongCommercialDailyandwww.cninfo.com.cn.September16,2020
AnnouncementonSignificantLitigation(AnnouncementNo.:2020-025)publishedbySecuritiesTimes,HongKongCommercialDailyandwww.cninfo.com.cn.October22,2020
AnnouncementonSignificantLitigation(AnnouncementNo.:2020-027)publishedbySecuritiesTimes,HongKongCommercialDailyandwww.cninfo.com.cn.OnMay31,2018,theSanyaLocalTaxationBureauSocialSecurityFeeCollectionandAdministrationBureauissuedanoticeofpaymentdeadlineforsocialinsurancepremiumstothecompany'sSouthChinaHotel,orderingthecompany'sSouthChinaHoteltopaytheunpaidsocialinsurancepremiumsandlatepaymentfeesandinterestfromJanuary1,2012toDecember31,2012oftotaling286,200.36yuan.OnMay17,2018,theSanyaLocalTaxationBureaudeductedthemoneyfromthedepositofthecompany'sSouthChinaHotel.Accordingtotheagreementofthe"ResponsibilityLetteroftheTargetManagementofSouthChinaHotel"signedbySouthChinaHotelandSunHongjie,SunHongjieshouldbe
--
2020
responsibleforthesocialinsurancepremiumincurredfromMay1,2011toApril30,2016.TheunpaidsocialinsurancepremiumoccurredduringSunHongjiestargetmanagementresponsibility,andSunHongjieshouldundertakethepayment.SunHongjiehasnotrepaidtheadvancepaymenttothecompany'sSouthChinaHotel.Tothisend,thecompany'sSouthChinaHotelappealedtothecourt.Thefirsttrialupheldthecompany’sclaim.Atpresent,thecasehasbeenenforced.Progressofsharesbuy-back
□Applicable√Notapplicable
Implementationprogressofthereductionofrepurchasessharesbycentralizedbidding
□Applicable√Notapplicable
III.CommitmentscompletedinPeriodandthosewithoutcompletedtillendofthePeriodfromactualcontroller,shareholders,relatedparties,purchaserandcompanies
√Applicable□Notapplicable
Commitments
Accepter
TypeContents
Commitm
enttime
Commitmentperio
d
Implemen
tation
Commitmentsforsharemergerreform
LuoniushanCo.,Ltd
Commitmentsforsharemergerreform
OnMay30,2007,LuoniushanCo.,Ltd.madecommitmentsintheCompany’s"Instructionsforreformofnon-tradableshares"(Revision)and"Instructionsforreformofnon-tradableshares"(Abstractofrevision)thatinviewofDadonghaiCompany’slossesinsuccessiveyearsandonthevergeofdelisting,inordertoreversethecompany'sbusinessdifficulties,improveprofitabilityandrecoverthecontinuousbusinesscapacity,LuoniushanCo.,Ltd.,thecontrollingshareholderofDadonghaiCompanymadecommitmentstoactivelyseekrestructuringpartiestoreorganizetheassetsofDadonghaiCompanyattheappropriatetime.
June27,2017
months
Theoriginalplansofmaterialassetsreorganizationwasterminated
CommitmentsinreportofacquisitionorequitychangeCommitmentsinassetsreorganizationCommitmentsmakeininitialpublicoffering
2020
orre-financingEquityincentivecommitmentOthercommitmentsformediumandsmallshareholdersCompletedontime(Y/N)N
Ifthecommitmentsisnotfulfilledontime,shallexplainthespecifyreasonandthenextworkplan
TheCompany’sstockhasbeensuspendedsincetheopeningonFebruary15,2017duetotheplanningandfulfillmentcommitmentsofLuoniushan.OnAugust13,2017,theconsiderationofthe11
th
interimmeetingoftheeighthboardofdirectorsofthecompanyfailedtoapprovethe“ProposalonMajorAssetPurchaseandRelatedTransactionReport(Plan)ofHainanDadonghaiTourismCentre(Holdings)Co.,Ltd.”andother11proposals.OnAugust15,2017,thecompanyissuedanannouncementtoterminatethismajorassetrestructuring,andthecompany’sstockresumedtradingonAugust17
th
.OnDecember4,2017,theboardofdirectorsandtheboardofsupervisorsofthecompanyreviewedandapprovedtheProposalontheChangeofCommitmentPeriodoftheFirstMajorityShareholderoftheCompany.LuoniushanCo.,Ltd.,thecompany’sfirstmajorityshareholderplannedforatwo-yearextensionforthetimelimitofthecompany’srestructuringcommitmentsinceDecember27,2017,thatis,thedeadlinefortheimplementationoftherestructuringcommitmentwaschangedtoDecember26,2019.OnDecember22,2017,thecompany’sfourthextraordinaryshareholders’meetingin2017didnotapprovetheproposal.OnJanuary31,2018,thecompanyreceivedtheNoticeonPlanningforSuspensionofMajorEventssentbyLuoniushanCo.,Ltd.,thecompany’slargestshareholder,toplanandpreparethemajorissuesrelatedtothecompany.Uponapplicationbythecompany,thecompany’sstock(stockshortname:DadonghaiA,DadonghaiB,stockcode:000613,200613)wassuspendedsincetheopeningonJanuary31,2018.Uponapplicationbythecompany,thecompany’sstockresumedtradingonFebruary8,2018,andwastransferredtothemajorassetrestructuringsincetheopeningonFebruary14,2018.OnJune25,2018,thecompanyheldthethirdinterimmeetingoftheninthboardofdirectorswhichreviewedandapprovedtheProposalonTerminatingthePlanningforMajorAssetRestructuring.Aftercarefulstudy,theboardofdirectorsofthecompanydecidedtoterminatetheplanningforthismajorassetrestructuring.Atpresent,theCompanyhasnotdisclosedtheinformationthatshouldbedisclosed.IV.Financialassetinvestment
1.Particularaboutsecurityinvestment
□Applicable√Notapplicable
TheCompanyhadnosecurityinvestmentinPeriod.
2020
2.Particularsaboutderivativesinvestment
□Applicable√Notapplicable
TheCompanyhadnoderivativesinvestmentinPeriod.V.Progressofinvestmentprojectswithraisedfunds
□Applicable√Notapplicable
VI.Predictionof2020businessperformance
Estimationonaccumulativenetprofitfromthebeginningoftheyeartotheendofnextreportperiodtobelossprobablyorthewarningofitsmaterialchangecomparedwiththecorrespondingperiodofthelastyearandexplanationonreason
□Applicable√Notapplicable
VII.Majorcontractsfordailyoperations
√Applicable□Notapplicable
Contractingparty
Counterpartofthecontract
Contractobject
Thetotalamountofthecontract
Progressofcontractperformance
Salesrevenuein
thePeriodand
recognizedcumulatively
AccountsreceivablecollectionTheCompany
SanyaLedaFoodManagementCo.,Ltd.
Leaseofseasidestallandwoodhouse
Annualcontractamountof1.45millionyuan
100%840000yuanTheCompany
ZhongZhengao
Leaseofbeachlockerrooms
Annualcontractamountof0.36millionyuan
100%175000yuanTheCompany
LiFuming
Leaseofmulti-functionalmeetingroom
Annualcontractamountof0.3millionyuan
100%199500yuanTheCompany
LiFuming
LeaseofbasementfloorofHotelA
Annualcontractamountof0.12millionyuan
100%84000yuanTheCompany
LiFuming
LeaseofshoppingmallinbuildingBofhotel
Annualcontractamountof0.216millionyuan
100%126000yuanAsignificantdifferencebetweentheprogressofsuchmajorcontractandthecontractagreement,andthedifferenceaffectsmorethan30%ofthecontractamount
□Applicable√Notapplicable
VIII.Trustfinancing
□Applicable√Notapplicable
TheCompanyhadnotrustfinancinginPeriod.
2020
IX.Guaranteeoutsideagainsttheregulation
□Applicable√Notapplicable
TheCompanyhadnoguaranteeoutsideagainsttheregulationinthereportingperiod.
X.Non-operationalfundoccupationfromcontrollingshareholdersanditsrelatedparty
□Applicable√Notapplicable
TheCompanyhadnonon-operationalfundoccupationfromcontrollingshareholdersanditsrelatedparty.XI.Registrationformforreceivingresearch,communicationandinterviewinthereportperiod
√Applicable□Notapplicable
Receptiontime
Receptionlocation
Reception
way
Recep
tionobject
type
Receptionobject
Themaincontentofthediscussionandthe
informationprovided
IndexofthebasicsituationofthesurveyJuly9,2020
TheCompany
Telephonecommunication
Individual
InvestorMr./Ms.ChenfromShenzhen
Operationperformanceofthefirsthalfoftheyearanddisclosuredate,andwithoutanymaterialacquired
-
July22,2020
TheCompany
Telephonecommunication
Individual
InvestorMr./Ms.WangfromGuangzhou
Thestatusoftheimplementationofthesharereformandreorganizationcommitmentsandwithoutanymaterialacquired
-
August11,2020
TheCompany
Telephonecommunication
Individual
InvestorMr./Ms.HuangfromBeijing
Operationperformanceofthefirsthalfoftheyear,andwithoutanymaterialacquired
-
August28,2020
TheCompany
Telephonecommunication
Individual
InvestorMr./Ms.LinfromShanghai
Progressofthemateriallawsuitsandwithoutanymaterialacquired
-
September2,2020
TheCompany
Telephonecommunication
Individual
InvestorMr./Ms.ZhufromHebei
Thecompany’sassets,futuredevelopment,etc.,andwithoutanymaterialacquired
-
September29,2020
TheCompany
Telephonecommunication
Individual
InvestorMr./Ms.ChenfromHaikou
OperationperformanceoftheCompanyanddisclosuredatefor3Qandwithoutanymaterialacquired
-
2020
SectionIV.FinancialStatement
I.Financialstatement
1.BalanceSheet
PreparedbyHainanDadonghaiTourismCentre(Holdings)Co.,Ltd.
September30,2020
InRMBItemSeptember30,2020December31,2019Currentassets:
Monetaryfunds
6,307,006.307,422,939.89SettlementprovisionsCapitallentTradablefinancialassetsDerivativefinancialassetsNotereceivableAccountreceivable
169,845.40311,083.92ReceivablefinancingAccountspaidinadvance
1,369,452.00InsurancereceivableReinsurancereceivablesContractreserveofreinsurancereceivableOtheraccountreceivable
919,573.32571,744.52Including:InterestreceivableDividendreceivableBuyingbackthesaleoffinancialassetsInventories
226,897.19254,257.19ContractualassetsAssetsheldforsaleNon-currentassetduewithinoneyearOthercurrentassets
3,839,447.322,574,442.57Totalcurrentassets
12,832,221.5311,134,468.09Non-currentassets:
2020
LoansandpaymentsonbehalfDebtinvestmentOtherdebtinvestmentLong-termaccountreceivableLong-termequityinvestmentInvestmentinotherequityinstrumentOthernon-currentfinancialassetsInvestmentrealestate
7,549,013.207,909,956.87Fixedassets
34,386,098.1135,075,195.98Constructioninprogress
10,222,877.14488,522.10ProductivebiologicalassetOilandgasassetRight-of-useassetsIntangibleassets
20,788,622.5121,392,861.88ExpenseonResearchandDevelopmentGoodwillLong-termexpensestobeapportioned
10,101,240.1111,520,179.33DeferredincometaxassetOthernon-currentassetTotalnon-currentasset
83,047,851.0776,386,716.16Totalassets
95,880,072.6087,521,184.25Currentliabilities:
Short-termloansLoanfromcentralbankCapitalborrowedTradingfinancialliabilityDerivativefinancialliabilityNotepayableAccountpayable
1,016,988.141,250,409.75Accountsreceivedinadvance
728,112.49786,715.42ContractualliabilitySellingfinancialassetofrepurchaseAbsorbingdepositandinterbankdepositSecuritytradingofagency
2020
SecuritysalesofagencyWagepayable
1,510,721.732,552,996.37Taxespayable
355,308.18307,257.85Otheraccountpayable
1,197,268.632,647,515.86Including:Interestpayable
DividendpayableCommissionchargeandcommissionpayableReinsurancepayableLiabilityheldforsaleNon-currentliabilitiesduewithinoneyear
3,358,196.37OthercurrentliabilitiesTotalcurrentliabilities
8,166,595.547,544,895.25Non-currentliabilities:
InsurancecontractreserveLong-termloans
16,458,140.89Bondspayable
Including:Preferredstock
PerpetualcapitalsecuritiesLeaseliabilityLong-termaccountpayableLong-termwagespayableAccrualliability
1,489,685.041,489,685.04DeferredincomeDeferredincometaxliabilitiesOthernon-currentliabilitiesTotalnon-currentliabilities
17,947,825.931,489,685.04Totalliabilities
26,114,421.479,034,580.29Owner’sequity:
Sharecapital
364,100,000.00364,100,000.00OtherequityinstrumentIncluding:Preferredstock
PerpetualcapitalsecuritiesCapitalpublicreserve
54,142,850.0154,142,850.01Less:Inventoryshares
2020
OthercomprehensiveincomeReasonablereserveSurpluspublicreserveProvisionofgeneralriskRetainedprofit
-348,477,198.88-339,756,246.05Totalowner’sequityattributabletoparentcompany
69,765,651.1378,486,603.96MinorityinterestsTotalowner’sequity
69,765,651.1378,486,603.96Totalliabilitiesandowner’sequity
95,880,072.6087,521,184.25Legalrepresentative:YuanXiaopingPersoninchargeofaccountingworks:FuZongrenPersoninchargeofaccountinginstitution:FuZongren
2.BalanceSheetofParentCompany
InRMBItemSeptember30,2020December31,2019Currentassets:
Monetaryfunds
6,305,991.577,421,452.59TradingfinancialassetsDerivativefinancialassetsNotereceivableAccountreceivable
169,845.40311,083.92ReceivablefinancingAccountspaidinadvance
1,369,452.00Otheraccountreceivable
919,573.32571,744.52Including:Interestreceivable
DividendreceivableInventories
226,897.19254,257.19ContractualassetsAssetsheldforsaleNon-currentassetsmaturingwithinoneyearOthercurrentassets
3,839,447.322,574,442.57
2020
Totalcurrentassets
12,831,206.8011,132,980.79Non-currentassets:
DebtinvestmentOtherdebtinvestmentLong-termreceivablesLong-termequityinvestments
1,000,000.001,000,000.00InvestmentinotherequityinstrumentOthernon-currentfinancialassetsInvestmentrealestate
7,549,013.207,909,956.87Fixedassets
34,386,098.1135,075,195.98Constructioninprogress
10,222,877.14488,522.10ProductivebiologicalassetsOilandnaturalgasassetsRight-of-useassets
Intangibleassets
20,788,622.5121,392,861.88ResearchanddevelopmentcostsGoodwillLong-termdeferredexpenses
10,101,240.1111,520,179.33DeferredincometaxassetsOthernon-currentassetsTotalnon-currentassets
84,047,851.0777,386,716.16Totalassets
96,879,057.8788,519,696.95CurrentliabilitiesShort-termborrowingsTradingfinancialliabilityDerivativefinancialliabilityNotespayableAccountpayable
1,016,988.141,250,409.75Accountsreceivedinadvance
728,112.49786,715.42ContractualliabilityWagepayable
1,510,721.732,552,996.37Taxespayable
355,308.18307,210.05Otheraccountspayable
1,197,268.632,647,515.86Including:Interestpayable
2020
DividendpayableLiabilityheldforsaleNon-currentliabilitiesduewithinoneyear
3,358,196.37Othercurrentliabilities
999,468.70999,468.70Totalcurrentliabilities
9,166,064.248,544,316.15Non-currentliabilities:
Long-termloans
16,458,140.89Bondspayable
Including:preferredstock
PerpetualcapitalsecuritiesLeaseliabilityLong-termaccountpayableLongtermemployeecompensationpayableAccruedliabilities
1,489,685.041,489,685.04DeferredincomeDeferredincometaxliabilitiesOthernon-currentliabilitiesTotalnon-currentliabilities
17,947,825.931,489,685.04Totalliabilities
27,113,890.1710,034,001.19Owners’equity:
Sharecapital
364,100,000.00364,100,000.00OtherequityinstrumentIncluding:preferredstock
PerpetualcapitalsecuritiesCapitalpublicreserve
54,142,850.0154,142,850.01Less:InventorysharesOthercomprehensiveincomeSpecialreserveSurplusreserveRetainedprofit
-348,477,682.31-339,757,154.25Totalowner’sequity
69,765,167.7078,485,695.76Totalliabilitiesandowner’sequity
96,879,057.8788,519,696.95
2020
3.ConsolidatedProfitStatement(theperiod)
InRMBItemCurrentperiodLastperiodI.Totaloperatingincome
3,377,869.343,650,589.50Including:Operatingincome
3,377,869.343,650,589.50InterestincomeInsurancegainedCommissionchargeandcommissionincomeII.Totaloperatingcost
5,938,579.485,791,370.47Including:Operatingcost
2,884,087.222,232,690.65InterestexpenseCommissionchargeandcommissionexpenseCashsurrendervalueNetamountofexpenseofcompensationNetamountofwithdrawalofinsurancecontractreserveBonusexpenseofguaranteeslipReinsuranceexpenseTaxandextras
184,437.54170,945.20Salesexpense
1,059,160.061,122,743.29Administrativeexpense
1,613,239.762,266,618.60R&DexpenseFinancialexpense
197,654.90-1,627.27Including:Interestexpenses
254,155.52Interestincome
63,240.996,672.44Add:otherincome
185,007.37200,000.00Investmentincome(Lossislistedwith“-”)Including:Investmentincomeonaffiliatedcompanyandjointventure
Theterminationofincomerecognitionforfinancialassetsmeasuredbyamortizedcost(Lossislistedwith“-”)
Exchangeincome(Lossislistedwith“-”)Netexposurehedgingincome(Lossislistedwith“-”)Incomefromchangeoffairvalue(Lossislistedwith“-”)Lossofcreditimpairment(Lossislistedwith“-”)Lossesofdevaluationofasset(Lossislistedwith“-”)
2020
Incomefromassetsdisposal(Lossislistedwith“-”)III.Operatingprofit(Lossislistedwith“-”)
-2,375,702.77-1,940,780.97Add:Non-operatingincome
286,200.36799,184.42Less:Non-operatingexpense
13,286.64IV.Totalprofit(Lossislistedwith“-”)
-2,089,502.41-1,154,883.19Less:IncometaxexpenseV.Netprofit(Netlossislistedwith“-”)
-2,089,502.41-1,154,883.19(i)Classifybybusinesscontinuity
1.continuousoperatingnetprofit(netlosslistedwith‘-”)
-2,089,502.41-1,154,883.19
2.terminationofnetprofit(netlosslistedwith‘-”)
(ii)Classifybyownership
1.Netprofitattributabletoowner’sofparentcompany
-2,089,502.41-1,154,883.19
2.Minorityshareholders’gainsandlosses
VI.Netafter-taxofothercomprehensiveincomeNetafter-taxofothercomprehensiveincomeattributabletoownersofparentcompany
(I)Othercomprehensiveincomeitemswhichwillnotbereclassifiedsubsequentlytoprofitofloss
1.Changesofthedefinedbenefitplansthatre-measured
2.Othercomprehensiveincomeunderequitymethodthatcannotbe
transfertogain/loss
3.Changeoffairvalueofinvestmentinotherequityinstrument
4.Fairvaluechangeofenterprise'screditrisk
5.Other
(ii)Othercomprehensiveincomeitemswhichwillbereclassifiedsubsequentlytoprofitorloss
1.Othercomprehensiveincomeunderequitymethodthatcan
transfertogain/loss
2.Changeoffairvalueofotherdebtinvestment
3.Amountoffinancialassetsre-classifytoothercomprehensive
income
4.Creditimpairmentprovisionforotherdebtinvestment
5.Cashflowhedgingreserve
6.Translationdifferencesarisingontranslationofforeigncurrency
financialstatements
7.Other
2020
Netafter-taxofothercomprehensiveincomeattributabletominorityshareholdersVII.Totalcomprehensiveincome
-2,089,502.41-1,154,883.19TotalcomprehensiveincomeattributabletoownersofparentCompany
-2,089,502.41-1,154,883.19TotalcomprehensiveincomeattributabletominorityshareholdersVIII.Earningspershare:
(i)Basicearningspershare
-0.0057-0.0032(ii)Dilutedearningspershare
-0.0057-0.0032Legalrepresentative:YuanXiaopingPersoninchargeofaccountingworks:FuZongrenPersoninchargeofaccountinginstitution:FuZongren
4.ProfitStatementofParentCompany(theperiod)
InRMBItemCurrentperiodLastperiodI.Operatingincome
3,377,869.343,650,589.50Less:Operatingcost
2,884,087.222,232,690.65Taxesandsurcharge
184,437.54170,945.20Salesexpenses
1,059,160.061,122,743.29Administrationexpenses
1,613,239.762,266,618.60R&DexpensesFinancialexpenses
197,575.71-1,323.35Including:interestexpenses
254,155.52Interestincome
63,240.186,288.52Add:otherincome
185,007.37200,000.00Investmentincome(Lossislistedwith“-”)Including:InvestmentincomeonaffiliatedCompanyandjointventure
Theterminationofincomerecognitionforfinancialassetsmeasuredbyamortizedcost(Lossislistedwith“-”)
Netexposurehedgingincome(Lossislistedwith“-”)Changingincomeoffairvalue(Lossislistedwith“-”)Lossofcreditimpairment(Lossislistedwith“-”)
2020
Lossesofdevaluationofasset(Lossislistedwith“-”)Incomeondisposalofassets(Lossislistedwith“-”)II.Operatingprofit(Lossislistedwith“-”)
-2,375,623.58-1,941,084.89Add:Non-operatingincome
286,200.36799,149.42Less:Non-operatingexpense
13,286.64III.TotalProfit(Lossislistedwith“-”)
-2,089,423.22-1,155,222.11Less:IncometaxIV.Netprofit(Netlossislistedwith“-”)
-2,089,423.22-1,155,222.11(i)continuousoperatingnetprofit(netlosslistedwith‘-”)
-2,089,423.22-1,155,222.11(ii)terminationofnetprofit(netlosslistedwith‘-”)V.Netafter-taxofothercomprehensiveincome(I)Othercomprehensiveincomeitemswhichwillnotbereclassifiedsubsequentlytoprofitofloss
1.Changesofthedefinedbenefitplansthatre-measured
2.Othercomprehensiveincomeunderequitymethodthatcannotbe
transfertogain/loss
3.Changeoffairvalueofinvestmentinotherequityinstrument
4.Fairvaluechangeofenterprise'screditrisk
5.Other
(II)Othercomprehensiveincomeitemswhichwillbereclassifiedsubsequentlytoprofitorloss
1.Othercomprehensiveincomeunderequitymethodthatcan
transfertogain/loss
2.Changeoffairvalueofotherdebtinvestment
3.Amountoffinancialassetsre-classifytoothercomprehensive
income
4.Creditimpairmentprovisionforotherdebtinvestment
5.Cashflowhedgingreserve
6.Translationdifferencesarisingontranslationofforeigncurrency
financialstatements
7.Other
VI.Totalcomprehensiveincome
-2,089,423.22-1,155,222.11VII.Earningspershare:
(i)Basicearningspershare
-0.0057-0.0032(ii)Dilutedearningspershare
-0.0057-0.0032
2020
5.ConsolidatedProfitStatement(formtheyear-begintotheperiod-end)
InRMBItemCurrentPeriodLastPeriodI.Totaloperatingincome
8,359,741.3417,892,550.54Including:Operatingincome
8,359,741.3417,892,550.54InterestincomeInsurancegainedCommissionchargeandcommissionincomeII.Totaloperatingcost
17,468,206.3519,437,387.96Including:Operatingcost
7,936,765.657,747,168.58InterestexpenseCommissionchargeandcommissionexpenseCashsurrendervalueNetamountofexpenseofcompensationNetamountofwithdrawalofinsurancecontractreserveBonusexpenseofguaranteeslipReinsuranceexpenseTaxandextras
366,569.74554,424.70Salesexpense
3,154,354.303,932,735.23Administrativeexpense
5,814,175.117,338,418.81R&DexpenseFinancialexpense
196,341.55-135,359.36Including:Interestexpenses
330,284.07Interestincome
152,318.68159,369.56Add:otherincome
447,847.72200,000.00Investmentincome(Lossislistedwith“-”)Including:Investmentincomeonaffiliatedcompanyandjointventure
Theterminationofincomerecognitionforfinancialassetsmeasuredbyamortizedcost(Lossislistedwith“-”)
Exchangeincome(Lossislistedwith“-”)Netexposurehedgingincome(Lossislistedwith“-”)Incomefromchangeoffairvalue(Lossislistedwith“-”)Lossofcreditimpairment(Lossislistedwith“-”)
2020
Lossesofdevaluationofasset(Lossislistedwith“-”)Incomefromassetsdisposal(Lossislistedwith“-”)III.Operatingprofit(Lossislistedwith“-”)
-8,660,617.29-1,344,837.42Add:Non-operatingincome
288,793.98959,214.88Less:Non-operatingexpense
349,129.5213,286.64IV.Totalprofit(Lossislistedwith“-”)
-8,720,952.83-398,909.18Less:IncometaxexpenseV.Netprofit(Netlossislistedwith“-”)
-8,720,952.83-398,909.18(i)Classifybybusinesscontinuity
1.continuousoperatingnetprofit(netlosslistedwith‘-”)
-8,720,952.83-398,909.18
2.terminationofnetprofit(netlosslistedwith‘-”)
(ii)Classifybyownership
1.Netprofitattributabletoowner’sofparentcompany
-8,720,952.83-398,909.18
2.Minorityshareholders’gainsandlosses
VI.Netafter-taxofothercomprehensiveincomeNetafter-taxofothercomprehensiveincomeattributabletoownersofparentcompany(I)Othercomprehensiveincomeitemswhichwillnotbereclassifiedsubsequentlytoprofitofloss
1.Changesofthedefinedbenefitplansthatre-measured
2.Othercomprehensiveincomeunderequitymethodthatcannotbe
transfertogain/loss
3.Changeoffairvalueofinvestmentinotherequityinstrument
4.Fairvaluechangeofenterprise'screditrisk
5.Other
(ii)Othercomprehensiveincomeitemswhichwillbereclassifiedsubsequentlytoprofitorloss
1.Othercomprehensiveincomeunderequitymethodthatcan
transfertogain/loss
2.Changeoffairvalueofotherdebtinvestment
3.Amountoffinancialassetsre-classifytoothercomprehensive
income
4.Creditimpairmentprovisionforotherdebtinvestment
5.Cashflowhedgingreserve
6.Translationdifferencesarisingontranslationofforeigncurrency
financialstatements
2020
7.Other
Netafter-taxofothercomprehensiveincomeattributabletominorityshareholdersVII.Totalcomprehensiveincome
-8,720,952.83-398,909.18TotalcomprehensiveincomeattributabletoownersofparentCompany
-8,720,952.83-398,909.18TotalcomprehensiveincomeattributabletominorityshareholdersVIII.Earningspershare:
(i)Basicearningspershare
-0.0240-0.0011(ii)Dilutedearningspershare
-0.0240-0.0011Legalrepresentative:YuanXiaopingPersoninchargeofaccountingworks:FuZongrenPersoninchargeofaccountinginstitution:FuZongren
6.ProfitStatementofParentCompany(formtheyear-begintotheperiod-end)
InRMBItemCurrentPeriodLastPeriodI.Operatingincome
8,359,741.3417,892,550.54Less:Operatingcost
7,936,765.657,747,168.58Taxesandsurcharge
366,569.74554,424.70Salesexpenses
3,154,354.303,932,735.23Administrationexpenses
5,813,975.117,338,418.81R&DexpensesFinancialexpenses
196,116.78-134,556.65Including:interestexpenses
330,284.07Interestincome
152,303.45158,226.85Add:otherincome
447,847.72200,000.00Investmentincome(Lossislistedwith“-”)Including:InvestmentincomeonaffiliatedCompanyandjointventureTheterminationofincomerecognitionforfinancialassetsmeasuredbyamortizedcost(Lossislistedwith“-”)
Netexposurehedgingincome(Lossislistedwith“-”)Changingincomeoffairvalue(Lossislistedwith“-”)Lossofcreditimpairment(Lossislistedwith“-”)
2020
Lossesofdevaluationofasset(Lossislistedwith“-”)Incomeondisposalofassets(Lossislistedwith“-”)II.Operatingprofit(Lossislistedwith“-”)
-8,660,192.52-1,345,640.13Add:Non-operatingincome
288,793.98959,179.88Less:Non-operatingexpense
349,129.5213,286.64III.TotalProfit(Lossislistedwith“-”)
-8,720,528.06-399,746.89Less:IncometaxIV.Netprofit(Netlossislistedwith“-”)
-8,720,528.06-399,746.89(i)continuousoperatingnetprofit(netlosslistedwith‘-”)
-8,720,528.06-399,746.89(ii)terminationofnetprofit(netlosslistedwith‘-”)V.Netafter-taxofothercomprehensiveincome(I)Othercomprehensiveincomeitemswhichwillnotbereclassifiedsubsequentlytoprofitofloss
1.Changesofthedefinedbenefitplansthatre-measured
2.Othercomprehensiveincomeunderequitymethodthatcannotbe
transfertogain/loss
3.Changeoffairvalueofinvestmentinotherequityinstrument
4.Fairvaluechangeofenterprise'screditrisk
5.Other
(II)Othercomprehensiveincomeitemswhichwillbereclassifiedsubsequentlytoprofitorloss
1.Othercomprehensiveincomeunderequitymethodthatcantransfer
togain/loss
2.Changeoffairvalueofotherdebtinvestment
3.Amountoffinancialassetsre-classifytoothercomprehensive
income
4.Creditimpairmentprovisionforotherdebtinvestment
5.Cashflowhedgingreserve
6.Translationdifferencesarisingontranslationofforeigncurrency
financialstatements
7.Other
VI.Totalcomprehensiveincome
-8,720,528.06-399,746.89VII.Earningspershare:
(i)Basicearningspershare
-0.0240-0.0011(ii)Dilutedearningspershare
-0.0240-0.0011
2020
7.ConsolidatedCashFlowStatement(formtheyear-begintotheperiod-end)
InRMBItemCurrentPeriodLastPeriodI.Cashflowsarisingfromoperatingactivities:
Cashreceivedfromsellingcommoditiesandprovidinglaborservices
8,132,752.5919,179,211.50NetincreaseofcustomerdepositandinterbankdepositNetincreaseofloanfromcentralbankNetincreaseofcapitalborrowedfromotherfinancialinstitutionCashreceivedfromoriginalinsurancecontractfeeNetcashreceivedfromreinsurancebusinessNetincreaseofinsuredsavingsandinvestmentCashreceivedfrominterest,commissionchargeandcommissionNetincreaseofcapitalborrowedNetincreaseofreturnedbusinesscapitalNetcashreceivedbyagentsinsaleandpurchaseofsecuritiesWrite-backoftaxreceivedOthercashreceivedconcerningoperatingactivities
848,378.451,583,620.64Subtotalofcashinflowarisingfromoperatingactivities
8,981,131.0420,762,832.14Cashpaidforpurchasingcommoditiesandreceivinglaborservice
5,395,012.966,160,174.24NetincreaseofcustomerloansandadvancesNetincreaseofdepositsincentralbankandinterbankCashpaidfororiginalinsurancecontractcompensationNetincreaseofcapitallentCashpaidforinterest,commissionchargeandcommissionCashpaidforbonusofguaranteeslipCashpaidto/forstaffandworkers
7,750,330.729,250,601.14Taxespaid
528,352.721,445,885.71Othercashpaidconcerningoperatingactivities
2,411,236.102,859,383.13Subtotalofcashoutflowarisingfromoperatingactivities
16,084,932.5019,716,044.22Netcashflowsarisingfromoperatingactivities
-7,103,801.461,046,787.92II.Cashflowsarisingfrominvestingactivities:
CashreceivedfromrecoveringinvestmentCashreceivedfrominvestmentincome
2020
Netcashreceivedfromdisposaloffixed,intangibleandotherlong-termassets
300.0068,870.00
Netcashreceivedfromdisposalofsubsidiariesandotherunits
OthercashreceivedconcerninginvestingactivitiesSubtotalofcashinflowfrominvestingactivities
300.0068,870.00
Cashpaidforpurchasingfixed,intangibleandotherlong-termassets
13,498,485.329,494,143.01
Cashpaidforinvestment
Netincreaseofmortgagedloans
Netcashreceivedfromsubsidiariesandotherunitsobtained
OthercashpaidconcerninginvestingactivitiesSubtotalofcashoutflowfrominvestingactivities
13,498,485.329,494,143.01Netcashflowsarisingfrominvestingactivities
-13,498,185.32-9,425,273.01III.CashflowsarisingfromfinancingactivitiesCashreceivedfromabsorbinginvestmentIncluding:Cashreceivedfromabsorbingminorityshareholders’investmentbysubsidiariesCashreceivedfromloans
19,791,474.22OthercashreceivedconcerningfinancingactivitiesSubtotalofcashinflowfromfinancingactivities
19,791,474.22CashpaidforsettlingdebtsCashpaidfordividendandprofitdistributingorinterestpaying
305,421.03Including:DividendandprofitofminorityshareholderpaidbysubsidiariesOthercashpaidconcerningfinancingactivitiesSubtotalofcashoutflowfromfinancingactivities
305,421.03Netcashflowsarisingfromfinancingactivities
19,486,053.19IV.InfluenceoncashandcashequivalentsduetofluctuationinexchangerateV.Netincreaseofcashandcashequivalents
-1,115,933.59-8,378,485.09Add:Balanceofcashandcashequivalentsattheperiod-begin
7,422,939.8915,364,355.30VI.Balanceofcashandcashequivalentsattheperiod-end
6,307,006.306,985,870.21
8.CashFlowStatementofParentCompany(formtheyear-begintotheperiod-end)
InRMBItemCurrentperiodLastperiodI.Cashflowsarisingfromoperatingactivities:
Cashreceivedfromsellingcommoditiesandprovidinglaborservices8,132,752.5919,179,211.50
2020
Write-backoftaxreceivedOthercashreceivedconcerningoperatingactivities
848,363.221,582,442.93Subtotalofcashinflowarisingfromoperatingactivities
8,981,115.8120,761,654.43Cashpaidforpurchasingcommoditiesandreceivinglaborservice5,395,012.966,160,174.24Cashpaidto/forstaffandworkers7,750,330.729,250,601.14Taxespaid528,304.921,445,885.71Othercashpaidconcerningoperatingactivities
2,410,796.102,859,043.13Subtotalofcashoutflowarisingfromoperatingactivities
16,084,444.7019,715,704.22Netcashflowsarisingfromoperatingactivities
-7,103,328.891,045,950.21II.Cashflowsarisingfrominvestingactivities:
CashreceivedfromrecoveringinvestmentCashreceivedfrominvestmentincomeNetcashreceivedfromdisposaloffixed,intangibleandotherlong-termassets
300.0068,870.00
NetcashreceivedfromdisposalofsubsidiariesandotherunitsOthercashreceivedconcerninginvestingactivitiesSubtotalofcashinflowfrominvestingactivities
300.0068,870.00
Cashpaidforpurchasingfixed,intangibleandotherlong-termassets
13,498,485.329,494,143.01CashpaidforinvestmentNetcashreceivedfromsubsidiariesandotherunitsobtainedOthercashpaidconcerninginvestingactivitiesSubtotalofcashoutflowfrominvestingactivities13,498,485.329,494,143.01Netcashflowsarisingfrominvestingactivities-13,498,185.32-9,425,273.01III.CashflowsarisingfromfinancingactivitiesCashreceivedfromabsorbinginvestmentCashreceivedfromloans
19,791,474.22OthercashreceivedconcerningfinancingactivitiesSubtotalofcashinflowfromfinancingactivities
19,791,474.22CashpaidforsettlingdebtsCashpaidfordividendandprofitdistributingorinterestpaying305,421.03OthercashpaidconcerningfinancingactivitiesSubtotalofcashoutflowfromfinancingactivities305,421.03Netcashflowsarisingfromfinancingactivities19,486,053.19IV.InfluenceoncashandcashequivalentsduetofluctuationinexchangerateV.Netincreaseofcashandcashequivalents
-1,115,461.02-8,379,322.80Add:Balanceofcashandcashequivalentsattheperiod-begin
7,421,452.5914,864,055.73VI.Balanceofcashandcashequivalentsattheperiod-end
6,305,991.576,484,732.93
2020
II.Explanationonfinancialstatementadjustment
1.Financialstatementadjustmentatthebeginningofthefirstyearwhenimplementationofnewrevenuerulesandnewleasingrulesfrom2020
□Applicable√Notapplicable
2.Retrospectiveadjustmentofthecomparativedataforinitialimplementationofnewrevenuerulesandnewleasingrulesfrom2020
□Applicable√Notapplicable
III.AuditReportWhetherthethirdquarterreportwasauditedornot
□Yes√No
The3
rdquarterreportoftheCompanyhasnotbeenaudited.
BoardofDirectorofHainanDadonghaiTourismCentre(Holdings)Co.,Ltd.
Chairman:YuanXiaoping27October2020