Report for the Third Quarter of 2015
October 2015
Report for the Third Quarter of 2015 of BOE Technology Group Co., Ltd.
Section I. Important Reminders
The Board of Directors, the Supervisory Committee, directors, supervisors and senior management staff of BOE
Technology Group Co., Ltd. (hereinafter referred to as “the Company”) warrant that the contents carried in this
report are without any false record, misleading statement or material omission. And they shall be severally and
jointly liable for the authenticity, accuracy and completeness.
Mr. Wang Dongsheng, company principal, Mr. Chen Yanshun, company president, Ms. Sun Yun, chief of the
accounting work, and Ms. Yang Xiaoping, chief of the accounting organ (chief of accounting), hereby confirm that
the Financial Report enclosed in this report is factual, accurate and complete.
All directors have attended the board session for reviewing this report.
This report is prepared in both Chinese and English. Should there be any understanding discrepancy between the
two versions, the Chinese version shall prevail.
Report for the Third Quarter of 2015 of BOE Technology Group Co., Ltd.
Section II. Financial Highlights & Change of Shareholders
I. Major accounting data and financial indexes
Does the Company adjust retrospectively or restate accounting data of previous years due to change of the accounting policy or
correction of any accounting error?
□ Yes √ No
Item 30 Sept. 2015 31 Dec. 2014 Increase/decrease (%)
Total assets (RMB Yuan) 146,687,506,706.00 136,240,283,477.00 7.67%
Net assets attributable to shareholders
78,016,645,611.00 76,155,071,579.00 2.44%
of the Company (RMB Yuan)
YoY
YoY increase/decrease
Item Jul.-Sept. 2015 increase/decrease Jan.-Sept. 2015
(%)
(%)
Operating revenues (RMB Yuan) 13,449,597,930.00 46.59% 36,420,446,042.00 44.02%
Net profit attributable to shareholders
41,216,719.00 -94.93% 1,992,387,571.00 7.42%
of the Company (RMB Yuan)
Net profit attributable to shareholders
of the Company after extraordinary -168,061,110.00 -124.10% 1,408,336,827.00 12.89%
gains and losses (RMB Yuan)
Net cash flows from operating
-- -- 7,833,611,103.00 68.68%
activities (RMB Yuan)
Basic EPS (RMB Yuan/share) 0.001 -95.65% 0.057 -20.83%
Diluted EPS (RMB Yuan/share) 0.001 -95.65% 0.057 -20.83%
Weighted average ROE (%) 0.05% -1.03% 2.59% -0.83%
Notes:
The net profits attributable to the shareholders of the Company dropped 94.93% year on year in the third quarter of 2015 mainly
because the Company recorded an exchange loss about RMB 728 million in the third quarter of 2015 due to the depreciation of the
RMB. Speaking without the exchange effects, the Company maintained a steady growth in operating profits for Jan.-Sept. 2015. The
Company will try to increase its overall profitability through a further adjustment to increase the weight of high value-added products
in its product mix.
Items and amounts of extraordinary gains and losses
√Applicable □Inapplicable
Unit: RMB Yuan
Item Amount as of Jan.-Sept. 2015 Note
Gains/losses on the disposal of non-current assets (including the offset part
-8,938,883.00 Naught
of asset impairment provisions)
Tax rebates, reductions or exemptions due to approval beyond authority or 0.00 Naught
Report for the Third Quarter of 2015 of BOE Technology Group Co., Ltd.
the lack of official approval documents
Government grants recognized in the current period, except for those
acquired in the ordinary course of business or granted at certain quotas or 630,413,083.00 Naught
amounts according to the country’s unified standards
Capital occupation charges on non-financial enterprises that recorded into
0.00 Naught
current gains and losses
Gains due to that the investment costs for the Company to obtain
subsidiaries, associates and joint ventures are lower than the enjoyable fair
0.00 Naught
value of the identifiable net assets of the investees when making the
investments
Gain/loss on non-monetary asset swap 0.00 Naught
Gain/loss on entrusting others with investments or asset management 0.00 Naught
Asset impairment provisions due to acts of God such as natural disasters 0.00 Naught
Gain/loss on debt restructuring 0.00 Naught
Expenses for business reorganization, such as expenses for staffing,
0.00 Naught
reorganization etc.
Gain/loss on the part over the fair value due to transactions with distinctly
0.00 Naught
unfair prices
Current gains and losses of subsidies acquired from business combination
0.00 Naught
under the same control as from period-begin to combination date
Gain/loss on contingent events irrelevant to the Company’s normal business 0.00 Naught
Gains and losses on change in fair value from tradable financial assets and
tradable financial liabilities, as well as investment income from disposal of
tradable financial assets and tradable financial liabilities and financial assets 0.00 Naught
available for sales, except for effective hedging related with normal
businesses of the Company
Reversal of impairment provisions for the accounts receivable on which
0.00 Naught
impairment tests were carried out separately
Gain/loss on external entrustment loans 0.00 Naught
Gain/loss on change of the fair value of investing real estate of which the
0.00 Naught
subsequent measurement is carried out adopting the fair value method
Effect on current gains/losses when a one-off adjustment is made to current
gains/losses according to requirements of taxation, accounting and other 0.00 Naught
relevant laws and regulations
Custody fee income when entrusted with operation 0.00 Naught
Non-operating incomes and expenses other than the above 18,125,944.00 Naught
Other gain/loss items that meet the definition of an extraordinary gain/loss 0.00 Naught
Less: Income tax effects 50,566,462.00 Naught
Report for the Third Quarter of 2015 of BOE Technology Group Co., Ltd.
Minority interests effects (after tax) 4,982,938.00 Naught
Total 584,050,744.00 --
Explain the reasons if the Company classifies an item as an extraordinary gain/loss according to the definition in the Explanatory
Announcement No. 1 on Information Disclosure for Companies Offering Their Securities to the Public—Extraordinary Gains and
Losses, or classifies any extraordinary gain/loss item mentioned in the said explanatory announcement as a recurrent gain/loss item
□ Applicable √ Inapplicable
There was no such situation of the Company during the reporting period.
II. Total number of shareholders and shareholdings of the top ten shareholders at the
period-end
1. Total number of common shareholders and shareholdings of the top ten common shareholders at the
period-end
Unit: share
Total number of common
1,635,628 (including: 1,587,866 A-shareholders and 47,762 B-shareholders)
shareholders at the period-end
Shareholdings of the top ten common shareholders
Shareholdi Pledged or frozen shares
Number of
Nature of ng Number of the
Name of shareholder restricted shares Status of Number of
shareholder percentage shares held
held shares shares
(%)
Beijing State-owned Capital State-owned
11.56% 4,063,333,333 4,063,333,333
Management Center Corporation
Chongqing Capital Photoelectricity State-owned
8.53% 3,000,000,000 3,000,000,000 Pledged 1,414,150,000
Investment Co., Ltd. Corporation
Hefei Jianxiang Investment Co., State-owned
8.13% 2,857,142,857 2,857,142,857
Ltd. Corporation
Hua An Fund – ICBC - Zhongrong
International Trust – Zhongrong -
Other 4.45% 1,564,126,904
RJ No. 1 Assembled Funds Trust
Plan
China Securities Finance
Other 2.99% 1,051,078,931
Corporation Limited
Beijing BOE Investment & State-owned
2.34% 822,092,180
Development Co., Ltd. Corporation
Beijing Economic-Technological State-owned
1.93% 677,423,641
Investment & Development Corp. Corporation
Hefei Raycom Projects Investment State-owned
1.92% 675,026,803 675,026,803
Co., Ltd. Corporation
Report for the Third Quarter of 2015 of BOE Technology Group Co., Ltd.
Beijing BDA Technological
Other 1.60% 564,000,000
Investment Development Co., Ltd.
Beijing Electronics Holdings Co.,
Nation 0.78% 273,735,583
Ltd.
Shareholdings of the top ten non-restricted common shareholders
Number of non-restricted common Type of shares
Name of shareholder
shares held at the period-end Type Number
Hua An Fund – ICBC - Zhongrong International Trust - RMB ordinary
1,564,126,904 1,564,126,904
Zhongrong - RJ No. 1 Assembled Funds Trust Plan shares
RMB ordinary
China Securities Finance Corporation Limited 1,051,078,931 1,051,078,931
shares
RMB ordinary
Beijing BOE Investment & Development Co., Ltd. 822,092,180 822,092,180
shares
Beijing Economic-Technological Investment & RMB ordinary
677,423,641 677,423,641
Development Corp. shares
Beijing BDA Technological Investment Development RMB ordinary
564,000,000 564,000,000
Co., Ltd. shares
RMB ordinary
Beijing Electronics Holdings Co., Ltd. 273,735,583 273,735,583
shares
RMB ordinary
Central Huijin Investment Ltd. 248,305,300 248,305,300
shares
CSOP Asset Management - CSOP FTSE China RMB ordinary
113,965,902 113,965,902
A50ETF shares
Chongqing Jiangbeizui CBD Investment Group Co., RMB ordinary
107,095,238 107,095,238
Ltd. shares
RMB ordinary
Sinotrans Air Transportation Development Co., Ltd. 78,200,000 78,200,000
shares
1. Beijing Electronics Holdings Co., Ltd. held 66.25% shares of Beijing
BOE Investment & Development Co., Ltd., which was the controlling
shareholder of the latter.
2. Beijing Economic-Technological Investment & Development Corp.
held 49% shares of Beijing BDA Technological Investment Development
Explanation on associated relationship or persons acting Co., Ltd., the above mentioned companies were both controlled by the
in concert among the above-mentioned shareholders Beijing Economic - Technological Development Area Administration
Committee and were the persons acting in concert
3. When the Company completed private offering of shares in 2014, Hefei
Jianxiang Investment Co., Ltd., Chongqing Ezcapital Opto-electronics
Industry Investment Co., Ltd. maintained unanimous according to the
declaration of intention from Beijing BOE Investment & Development
Report for the Third Quarter of 2015 of BOE Technology Group Co., Ltd.
Co., Ltd. when executing the voting rights of the shareholders of the
Company through the agreement of the Voting Rights Exercising
Agreement
4. When the Company completed private offering of shares in 2014,
Beiji