KonkaGroupCo.,Ltd.InterimReport2024
KONKAGROUPCO.,LTD.
INTERIMREPORT2024
2024-42
August2024
KonkaGroupCo.,Ltd.InterimReport2024
PartIImportantNotes,TableofContentsandDefinitions
TheBoardofDirectors(orthe“Board”),theSupervisoryCommitteeaswellasthedirectors,supervisorsandseniormanagementofKonkaGroupCo.,Ltd.(hereinafterreferredtoasthe“Company”)herebyguaranteethefactuality,accuracyandcompletenessofthecontentsofthisReportanditssummary,andshallbejointlyandseverallyliableforanymisrepresentations,misleadingstatementsormaterialomissionstherein.CaoShiping,theCompany’slegalrepresentative,NieYong,theCompany’sChiefFinancialOfficer(CFO),andPingHeng,theheadoftheCompany’sfinancialdepartment(equivalenttofinancialmanager)herebyguaranteethattheFinancialStatementscarriedinthisReportarefactual,accurateandcomplete.AlltheCompany’sdirectorshaveattendedtheBoardmeetingforthereviewofthisReportanditssummary.Anyplansforthefutureorotherforward-lookingstatementsmentionedinthisReportanditssummaryshallNOTbeconsideredasabsolutepromisesoftheCompanytoinvestors.Therefore,investorsareremindedtoexercisecautionwhenmakinginvestmentdecisions.TheCompanyhasnointerimdividendplan,eitherintheformofcashorstock.ThisReportanditssummaryhavebeenpreparedinbothChineseandEnglish.Shouldtherebeanydiscrepanciesormisunderstandingsbetweenthetwoversions,theChineseversionsshallprevail.
KonkaGroupCo.,Ltd.InterimReport2024
TableofContents
PartIImportantNotes,TableofContentsandDefinitions ...... 2
PartIICorporateInformationandKeyFinancialInformation ...... 8
PartIIIManagementDiscussionandAnalysis ...... 11
PartIVCorporateGovernance ...... 22
PartVEnvironmentalandSocialResponsibility ...... 24
PartVISignificantEvents ...... 36
PartVIIShareChangesandShareholderInformation ...... 50
PartVIIIPreferredShares ...... 54
PartIXCorporateBonds ...... 55
PartXFinancialStatements ...... 59
KonkaGroupCo.,Ltd.InterimReport2024
DocumentsAvailableforReference
1.ThefinancialstatementswiththesignaturesandsealsoftheCompany’slegalrepresentative,ChiefFinancialOfficerandheadofthefinancialdepartment;
2.TheoriginalsofalltheCompany’sdocumentsandannouncementsdisclosedtothepublicintheReportingPeriod;and
3.ThedocumentsaboveareavailableattheSecretariatoftheBoard.
KonkaGroupCo.,Ltd.InterimReport2024
Definitions
Term
| Term | Definition |
| The“Company”,the“Group”,“KonkaGroup”or“we” | KonkaGroupCo.,Ltd.anditsconsolidatedsubsidiaries,exceptwherethecontextotherwiserequires |
| ElectronicsTechnology | ShenzhenKonkaElectronicsTechnologyCo.,Ltd. |
| HaimenKonka | NantongHaimenKonkaSmartTechnologyCo.,Ltd. |
| ChengduKonkaSmart | ChengduKonkaSmartTechnologyCo.,Ltd. |
| ChengduKonkaElectronic | ChengduKonkaElectronicCo.,Ltd. |
| NantongHongdin | NantongHongdinSmartTechnologyCo.,Ltd. |
| ShenzhenKangcheng | ShenzhenKangchengTechnologyInnovationandDevelopmentCo.,Ltd. |
| XiaojiaTechnology | XiaojiaTechnologyCo.,Ltd. |
| LiaoyangKangshunSmart | LiaoyangKangshunSmartTechnologyCo.,Ltd. |
| LiaoyangKangshunRenewable | LiaoyangKangshunRenewableResourcesCo.,Ltd. |
| NanjingKonka | NanjingKonkaElectronicsCo.,Ltd. |
| ChuzhouKonka | ChuzhouKonkaPrecisionIntelligentManufacturingTechnologyCo.,Ltd. |
| XingDaHongYe | GuangDongXingDaHongYeElectronicCo.,Ltd. |
| KonkaCircuit | ShenzhenKonkaCircuitCo.,Ltd. |
| KonkaFlexibleElectronic | SuiningKonkaFlexibleElectronicTechnologyCo.,Ltd. |
| KonkaHongyeElectronics | SuiningKonkaHongyeElectronicsCo.,Ltd. |
| BoluoPrecision | BoluoKonkaPrecisionTechnologyCo.,Ltd. |
| BoluoKonka | BoluoKonkaPCBCo.,Ltd. |
| AnhuiTongchuang | AnhuiKonkaTongchuangElectricalAppliancesCo.,Ltd. |
| JiangsuKonkaSmart | JiangsuKonkaSmartElectricalAppliancesCo.,Ltd. |
| AnhuiElectricalAppliance | AnhuiKonkaElectricalApplianceTechnologyCo.,Ltd. |
| FrestecRefrigeration | HenanFrestecRefrigerationApplianceCo.,Ltd. |
| FrestecElectricalAppliances | HenanFrestecElectricalAppliancesCo.,Ltd. |
| FrestecHouseholdAppliances | HenanFrestecHouseholdAppliancesCo.,Ltd. |
| FrestecSmartHome | HenanFrestecSmartHomeTechnologyCo.,Ltd. |
| KonkaInvestment | ShenzhenKonkaInvestmentHoldingsCo.,Ltd. |
| YibinKonkaTechnologyPark | YibinKonkaTechnologyParkOperationCo.,Ltd. |
| KonkaCapital | ShenzhenKonkaCapitalEquityInvestmentManagementCo.,Ltd. |
| KonkaSuiyong | KonkaSuiyongInvestment(Shenzhen)Co.,Ltd. |
| ShengxingIndustrial | ShenzhenKonkaShengxingIndustrialCo.,Ltd. |
| ZhitongTechnology | ShenzhenKonkaZhitongTechnologyCo.,Ltd. |
| KonkaElectronicMaterial | KonkaElectronicMaterialTechnology(Shenzhen)Co.,Ltd. |
| BeijingKonkaElectronic | BeijingKonkaElectronicCo.,Ltd. |
| TianjinKonka | TianjinKonkaTechnologyCo.,Ltd. |
| SuiningKonkaIndustrialPark | SuiningKonkaIndustrialParkDevelopmentCo.,Ltd. |
| SuiningElectronicTechnologicalInnovation | SuiningKonkaElectronicTechnologicalInnovationCo.,Ltd. |
| ShanghaiKonka | ShanghaiKonkaIndustrialCo.,Ltd. |
| YantaiKangjin | YantaiKangjinTechnologyDevelopmentCo.,Ltd. |
| MobileInterconnection | ShenzhenKonkaMobileInterconnectionTechnologyCo.,Ltd. |
| SichuanKonka | SichuanKonkaSmartTerminalTechnologyCo.,Ltd |
| YibinSmart | YibinKonkaSmartTechnologyCo.,Ltd. |
KonkaGroupCo.,Ltd.InterimReport2024
ShenzhenKONSEMI
| ShenzhenKONSEMI | ShenzhenKONSEMICo.,Ltd. |
| ChongqingKonka | ChongqingKonkaTechnologyDevelopmentCo.,Ltd. |
| KowinMemory(Shenzhen) | KowinMemoryTechnology(Shenzhen)Co.,Limited |
| KowinMemory(HongKong) | KowinMemoryTechnology(HongKong)Co.,Limited |
| KonkaXinyunSemiconductor | KonkaXinyunSemiconductorTechnology(Yancheng)Co.,Ltd. |
| KonkaCross-border(Hebei) | KonkaCross-border(Hebei)TechnologyDevelopmentCo.,Ltd. |
| ShenzhenNianhua | ShenzhenNianhuaEnterpriseManagementCo.,Ltd. |
| KonkaHuazhong | KonkaHuazhong(Hunan)TechnologyCo.,Ltd. |
| Wankaida | ShenzhenWankaidaScienceandTechnologyCo.,Ltd. |
| ShenzhenChuangzhiElectricalAppliances | ShenzhenKonkaChuangzhiElectricalAppliancesCo.,Ltd. |
| SuiningJiarunProperty | SuiningJiarunPropertyCo.,Ltd. |
| AnhuiKonka | AnhuiKonkaElectronicCo.,Ltd. |
| KangzhiTrade | AnhuiKangzhiTradeCo.,Ltd. |
| TelecommunicationTechnology | ShenzhenKonkaTelecommunicationsTechnologyCo.,Ltd. |
| KonkaMobility | KonkaMobilityCo.,Limited |
| DongguanKonka | DongguanKonkaElectronicCo.,Ltd. |
| SuiningKonkaSmart | SuiningKonkaSmartTechnologyCo.,Ltd. |
| ChongqingOptoelectronicTechnology | ChongqingKonkaOptoelectronicTechnologyCo.,Ltd. |
| YibinKangrun | YibinKangrunEnvironmentalTechnologyCo.,Ltd. |
| YibinKangrunMedical | YibinKangrunMedicalWasteCentralizedTreatmentCo.,Ltd. |
| NingboKhrElectricAppliance | NingboKhrElectricApplianceCo.,Ltd. |
| JiangxiKonka | JiangxiKonkaNewMaterialTechnologyCo.,Ltd. |
| JiangxiHighTransparentSubstrate | JiangxiHighTransparentSubstrateMaterialTechnologyCo.,Ltd. |
| XinfengMicrocrystalline | JiangxiXinfengMicrocrystallineJadeCo.,Ltd. |
| KonkaHuanjia | KonkaHuanjiaEnvironmentalTechnologyCo.,Ltd. |
| KonkaHuanjia(Henan) | KonkaHuanjia(Henan)EnvironmentalTechnologyCo.,Ltd. |
| ShanxiKonkaIntelligent | ShanxiKonkaIntelligentApplianceCo.,Ltd. |
| PengrunTechnology | ShenzhenKonkaPengrunTechnology&IndustryCo.,Ltd. |
| JiaxinTechnology | JiaxinTechnologyCo.,Ltd. |
| KonkaRonghe | KonkaRongheIndustrialTechnology(Zhejiang)Co.,Ltd. |
| KonkaUnifortune | ShenzhenKonkaUnifortuneTechnologyCo.,Ltd. |
| JialiInternational | JialiInternational(HongKong)Limited |
| Kangjiatong | SichuanKangjiatongTechnologyCo.,Ltd. |
| Jiangkang(Shanghai)Technology | Jiangkang(Shanghai)TechnologyCo.,Ltd. |
| KonkaIntelligentManufacturing | ShenzhenKonkaIntelligentManufacturingTechnologyCo.,Ltd. |
| HainanKonkaTechnology | HainanKonkaTechnologyCo.,Ltd. |
| KonkaVentures | KonkaVenturesDevelopment(Shenzhen)Co.,Ltd. |
| YibinKonkaIncubator | YibinKonkaIncubatorManagementCo.,Ltd. |
| YantaiKonka | YantaiKonkaHealthcareEnterpriseServiceCo.,Ltd. |
| ChengduAnren | ChengduAnrenKonkaCulturalandCreativeIncubatorManagementCo.,Ltd. |
| KonkaEnterpriseService | GuiyangKonkaEnterpriseServiceCo.,Ltd. |
| KonkaEco-Development | ShenzhenKonkaEco-DevelopmentInvestmentCo.,Ltd. |
| KonkaEurope | Konka(Europe)Co.,Ltd. |
| HongKongKonka | HongKongKonkaLimited |
| HongdinTrading | HongdinInternationalTradingLimited |
| KonkaNorthAmerica | KonkaNorthAmericaLLC |
KonkaGroupCo.,Ltd.InterimReport2024
KanghaoTechnology
| KanghaoTechnology | KanghaoTechnologyCo.,Ltd. |
| HongdinInvest | HongdinInvestDevelopmentLimited |
| ChainKingdomMemoryTechnologies | ChainKingdomMemoryTechnologiesCo.,Limited |
| ChainKingdomSemiconductor(Shaoxing) | ChainKingdomSemiconductor(Shaoxing)Co.,Ltd. |
| Hongjet | Hongjet(HongKong)CompanyLimited |
| ChongqingXinyuanSemiconductor | ChongqingXinyuanSemiconductorCo.,Ltd. |
| AnluKonka | AnluKonkaIndustryOperationServiceCo.Ltd. |
| KanghongDongsheng | ShenzhenKanghongDongshengInvestmentPartnership(LimitedPartnership) |
| GuizhouKonkaNewMaterialTechnology | GuizhouKonkaNewMaterialTechnologyCo.,Ltd. |
| GuangdongXinwei | GuangdongXinweiSemiconductorCo.,Ltd. |
| GuizhouKangguiMaterialTechnology | GuizhouKangguiMaterialTechnologyCo.,Ltd. |
| NantongKanghai | NantongKanghaiTechnologyIndustryDevelopmentCo.,Ltd. |
| ChongqingKangyiyun | ChongqingKangyiyunBusinessOperationManagementCo.,Ltd. |
| JiangxiKonkaHigh-techPark | JiangxiKonkaHigh-techParkOperationandManagementCo.,Ltd. |
| ShangraoKonkaElectronicTechnologyInnovation | ShangraoKonkaElectronicTechnologyInnovationCo.,Ltd. |
| GuizhouKonkaNewEnergy | GuizhouKonkaNewEnergyMaterialTechnologyCo.,Ltd. |
| ZhejiangKonkaElectronic | ZhejiangKonkaElectronicsCo.,Ltd. |
| ZhejiangKonkaTechnologyIndustry | ZhejiangKonkaTechnologyIndustryDevelopmentCo.,Ltd. |
| Xi'anKonkaIntelligent | Xi'anKonkaIntelligentApplianceCo.,Ltd. |
| Xi'anKonkaNetwork | Xi'anKonkaNetworkTechnologyCo.,Ltd. |
| Xi'anKanghongTechnologyIndustry | Xi'anKanghongTechnologyIndustryDevelopmentCo.,Ltd. |
| Xi'anKonkaIntelligentTechnology | Xi'anKonkaIntelligentTechnologyDevelopmentCo.,Ltd. |
| AnhuiKonkaLowCarbon | AnhuiKonkaLowCarbonTechnologyCo.,Ltd. |
| KanghongXintong | ShenzhenKanghongXintongInvestmentPartnership(LimitedPartnership) |
| SongyangIndustryOperation | SongyangKonkaSmartIndustryOperationManagementCo.,Ltd. |
| KangyanTechnology | ShenzhenKangyanTechnologyCo.,Ltd. |
| KonkaPhotovoltaicTechnology | KonkaPhotovoltaicTechnologyCo.,Ltd. |
| SongyangKonkaIntelligent | SongyangKonkaIntelligentTechnologyDevelopmentCo.,Ltd. |
| KonkaNorthChina | KonkaNorthChina(Tianjin)TechnologyCo.,Ltd. |
| DigitalTechnology | ShenzhenKonkaDigitalTechnologyDevelopmentCo.,Ltd. |
| CSRC | TheChinaSecuritiesRegulatoryCommission |
| SZSE | TheShenzhenStockExchange |
| CSRCShenzhen | TheShenzhenBureauoftheChinaSecuritiesRegulatoryCommission |
| RMB,RMB’0,000,RMB’00,000,000 | ExpressedintheChinesecurrencyofRMB,expressedintensofthousandsofRMB,expressedinhundredsofmillionsofRMB |
KonkaGroupCo.,Ltd.InterimReport2024
PartIICorporateInformationandKeyFinancialInformation
ICorporateInformation
Stockname
| Stockname | KonkaGroup-A,KonkaGroup-B | Stockcode | 000016,200016 |
| Changedstockname(ifany) | N/A | ||
| Stockexchangeforstocklisting | ShenzhenStockExchange | ||
| CompanynameinChinese | 康佳集团股份有限公司 | ||
| Abbr.(ifany) | 康佳集团 | ||
| CompanynameinEnglish(ifany) | KONKAGROUPCO.,LTD | ||
| Abbr.(ifany) | KONKAGROUP | ||
| Legalrepresentative | CaoShiping | ||
IIContactInformation
| BoardSecretary | SecuritiesRepresentative | |
| Name | LiChunlei | MiaoLeiqiang |
| Address | BoardSecretariat,24/F,KonkaR&DCenter,28KejiSouthTwelfthRoad,ScienceandTechnologyPark,YuehaiStreet,NanshanDistrict,Shenzhen,GuangdongProvince,China | BoardSecretariat,24/F,KonkaR&DCenter,28KejiSouthTwelfthRoad,ScienceandTechnologyPark,YuehaiStreet,NanshanDistrict,Shenzhen,GuangdongProvince,China |
| Tel. | 0755-26609138 | 0755-26609138 |
| Fax | 0755-26601139 | 0755-26601139 |
| Emailaddress | szkonka@konka.com | szkonka@konka.com |
IIIOtherInformation
1.ContactInformationoftheCompanyIndicatebytickmarkwhetheranychangeoccurredtotheregisteredaddress,officeaddressandtheirzipcodes,websiteaddress,emailaddressandothercontactinformationoftheCompanyintheReportingPeriod.
□Applicable√NotapplicableNochangeoccurredtothesaidinformationintheReportingPeriod,whichcanbefoundinthe2023AnnualReport.
2.MediaforInformationDisclosureandPlacewherethisReportisLodgedIndicatebytickmarkwhetheranychangeoccurredtotheinformationdisclosuremediaandtheplaceforlodgingtheCompany’speriodicreportsintheReportingPeriod.
□Applicable√NotapplicableThewebsiteofthestockexchange,themediaandotherwebsiteswheretheCompany’speriodicreportsaredisclosed,aswellastheplaceforlodgingsuchreportsdidnotchangeintheReportingPeriod.Thesaidinformationcanbefoundinthe2023AnnualReport.
KonkaGroupCo.,Ltd.InterimReport2024
3.OtherInformationIndicatebytickmarkwhetheranychangeoccurredtootherinformationintheReportingPeriod.
□Applicable√NotapplicableIVKeyFinancialInformationIndicatebytickmarkwhetherthereisanyretrospectivelyrestateddatuminthetablebelow.
□Yes√No
H12024
| H12024 | H12023 | Change(%) | |
| Operatingrevenue(RMB) | 5,412,530,372.47 | 10,472,061,171.94 | -48.31% |
| Netprofitattributabletothelistedcompany’sshareholders(RMB) | -1,087,581,842.55 | -193,240,232.33 | -462.81% |
| Netprofitattributabletothelistedcompany’sshareholdersbeforeexceptionalgainsandlosses(RMB) | -1,103,078,610.72 | -891,594,370.41 | -23.72% |
| Netcashgeneratedfrom/usedinoperatingactivities(RMB) | -439,338,365.13 | -201,550,105.24 | -117.98% |
| Basicearningspershare(RMB/share) | -0.4517 | -0.0803 | -462.52% |
| Dilutedearningspershare(RMB/share) | -0.4517 | -0.0803 | -462.52% |
| Weightedaveragereturnonequity(%) | -21.33% | -2.55% | -18.78% |
| 30June2024 | 31December2023 | Change(%) | |
| Totalassets(RMB) | 34,324,017,267.75 | 35,824,818,212.66 | -4.19% |
| Equityattributabletothelistedcompany’sshareholders(RMB) | 4,553,306,674.94 | 5,644,401,184.65 | -19.33% |
VAccountingDataDifferencesunderChina’sAccountingStandardsforBusinessEnterprises(CAS)andInternationalFinancialReportingStandards(IFRS)andForeignAccountingStandards
1.NetProfitandEquityunderCASandIFRS
□Applicable√NotapplicableNosuchdifferencesfortheReportingPeriod.
2.NetProfitandEquityDifferencesunderCASandForeignAccountingStandards
□Applicable√NotapplicableNosuchdifferencesfortheReportingPeriod.VIExceptionalGainsandLosses
√Applicable□Notapplicable
KonkaGroupCo.,Ltd.InterimReport2024
Unit:RMB
Item
| Item | Amount | Note |
| Gainorlossondisposalofnon-currentassets(inclusiveofimpairmentallowancewrite-offs) | 837,373.68 | |
| Governmentgrantsrecognisedincurrentprofitorloss(exclusiveofthosethatarecloselyrelatedtotheCompany'snormalbusinessoperationsandgiveninaccordancewithdefinedcriteriaandincompliancewithgovernmentpolicies,andhaveacontinuingimpactontheCompany'sprofitorloss) | 55,171,603.63 | |
| Gainorlossonfair-valuechangesinfinancialassetsandliabilitiesheldbyanon-financialenterprise,aswellasondisposaloffinancialassetsandliabilities(exclusiveoftheeffectiveportionofhedgesthatariseintheCompany’sordinarycourseofbusiness) | -165,919,193.12 | |
| Gainorlossonloanentrustments | 63,154,861.04 | |
| Non-operatingincomeandexpenseotherthantheabove | 11,832,131.66 | |
| Othergainsandlossesthatmeetthedefinitionofexceptionalgain/loss | 30,000,710.67 | |
| Less:Incometaxeffects | -29,890,840.20 | |
| Non-controllinginterestseffects(netoftax) | 9,471,559.59 | |
| Total | 15,496,768.17 |
Particularsaboutothergainsandlossesthatmeetthedefinitionofexceptionalgain/loss:
√Applicable□Notapplicable
| Item | Amountinvolved(RMB) | Reason |
| Reversaloftherecognisedexcesslossesinthepreviousperiods | 31,971,388.49 | InMarch2024,amajority-ownedsubsidiaryoftheCompanyinDalianenteredthebankruptcyandliquidationprocedureaccordingtothedecisionbyacourtoflaw.Anadministratorappointedbythecourthastakenovertherelevantinformationandphysicalobjectsofthesubsidiary,andtheCompanynolongerexercisescontroloverthesubsidiaryandhasthusreversedtherecognisedexcesslossesinthepreviousperiods. |
| Gainonthede-recognitionoffinancialassetsmeasuredatamortisedcost | -1,970,677.82 | Gainonthede-recognitionofnotesreceivable |
ExplanationofwhytheCompanyreclassifiesasrecurrentanexceptionalgain/lossitemlistedintheExplanatoryAnnouncementNo.1onInformationDisclosureforCompaniesOfferingTheirSecuritiestothePublic—ExceptionalGain/LossItems:
√Applicable□Notapplicable
| Item | Amountinvolved(RMB) | Reason |
| Taxrebatesonsoftware | 1,596,783.94 | GovernmentsubsidiesgivenintheCompany’sordinarycourseofbusinessatfixedquotasoramountsaspergovernment’suniformstandards |
KonkaGroupCo.,Ltd.InterimReport2024
PartIIIManagementDiscussionandAnalysis
IPrincipalActivityoftheCompanyintheReportingPeriodTheCompanyisprincipallyengagedinconsumerelectronics,semiconductorandmemorychip,PCB,etc.Moreinformationisprovidedbelow:
(I)TheconsumerelectronicsbusinessThisdivisionprimarilycomprisesthemultimediasub-divisionandthewhitegoodssub-division,withdetailsasfollows:
1.ThemultimediabusinessTheCompany'smultimediabusinessfacestheglobalmarket,mainlyincludingdomesticcolorTVbusinessandexportcolorTVbusiness.ThedomesticsalesoftheCompany’scolourTVsarerealizedmainlythroughB2B(Business-to-Business)andB2C(Business-to-Consumer),withitsbranchcompanies,businessdepartmentsandafter-salesmaintenancepointsoperatingacrossthecountry.AndtheCompanyprofitsfromthemarginsbetweenthecostsandthesellingpricesofitscolourTVs.AsforsellingitscolourTVsabroad,theCompanymainlyreliesonB2B.ItscolourTVsaresoldtoAsiaPacific,MiddleEast,Central&SouthAmerica,EastEurope,etc.AndoperatingprofitsourceisalsothedifferencesbetweenthecostsandthesellingpricesofitscolourTVs.AccordingtostatisticsfromAVC,theretailsalesinthedomesticcolorTVmarkettotaled13.51millionunitsinthefirsthalfof2024,down7.9%yearonyear.Inthefuture,withtheintegrationofemergingtechnologiessuchas5G,theInternetofThings,artificialintelligenceandnewdisplayswithconsumerelectronicsandtheintroductionofconsumptionpolicies,thecolorTVindustry'sstructurewillcontinuetobeupgraded.
2.ThewhitegoodsbusinessThewhitegoodsproducedbytheCompanymainlyincluderefrigerators,washingmachines,airconditioners,freezers,etc.,whicharesoldthroughB2BandB2Cmainlytothedomesticmarket.AndtheCompanyprofitsfromthemarginsbetweenthecostsandthesellingpricesofitswhitegoods.TheCompanystrengthenedthefoundationofourwhitegoodsbrandsthroughtheacquisitionoftheFrestecbrand.Meanwhile,theestablishmentoftheNingboA/CproductionbaseasajointventurehashelpedtheCompanybuilditsownA/Cmanufacturingcapability.Theweaknessinthefront-loadingwashingmachinetechnologyhasbeenovercomebytheacquisitionofBeko(Front-loadingWashingMachine)ChinaFactory.Inaddition,theCompanywentonanewpathofexploringthedishwasherworldbysettingupXi’anSmartAppliancesPark.TheCompanyalsooptimizedtheinternalR&D,production,procurement,sales,andservicesprocesses,integratedtheexternalchannelresourcestoenablechannelsharingbetweentheupstreamprocurementprocesses
KonkaGroupCo.,Ltd.InterimReport2024
anddownstreamsalesprocesses,andcontinuouslyimprovedtheproductsalesstructureandcompetitivenessofthewhitegoodsbusiness.AccordingtostatisticsfromAVC,thedemandinthedomesticairconditionermarketwasunderpressure.Thedomesticairconditionersalesfromallchannelsinthefirsthalfof2024totaledRMB111.4billion,down14.5%yearonyear.Regardingrefrigerators,duetothetrade-inpolicy,peopleweregraduallymakingpurchasestomeettheirdemand,andthedomesticrefrigeratormarketwasstableonthewhole.Thedomesticrefrigeratorsalesfromallchannelsinthefirsthalfof2024totaledRMB65.2billion,up0.4%yearonyear.Asforwashingmachines,thedemandinthedomesticwashingmachinemarketreboundedslightly,buttheaveragepricecontinuouslyfell.Thedomesticwashingmachine(excludingdrycleaningmachine)salesfromallchannelsinthefirsthalfof2024totaledRMB42.7billion,up1.8%yearonyear.Withtherecoveryofdemandfortrade-inandtheupgradeofpeople'squalityoflife,steadydevelopmentandproductupgradewillbecomethemainfeaturesofthewhitegoodsmarket.(II)ThesemiconductorandmemorychipbusinessCurrently,theCompanyisengagedinmemorychips,optoelectronics,etc.Inmemorychips,theCompanyprimarilyengagesinpackaging,testingandsales.Inthefieldofoptoelectronics,theCompanymainlyfocusedonthreebusinesssegments,i.e.microLEDandminiLEDchips,masstransfer,anddisplay,andpromotedthetransformationofitsoptoelectronicsbusinessfromtechnologyR&Dtoindustrialization.Afterindustrialization,theoperatingprofitwillderivefromthedifferencebetweenproductcostandsellingprice.Thesemiconductorindustryisastrategic,fundamentalandleadingindustrythatsupportseconomicandsocialdevelopmentandsafeguardsnationalsecurity.Amongthem,semiconductorstorageisthelargestsubdivisioninthesemiconductorindustryinrecentyears.Chinahasalsoacceleratedinboostingtheproductioncapacityofsemiconductorstorageinrecentyears.Itisexpectedthattheself-sufficiencyratewillcontinuetoincrease.MicroLEDandMiniLEDaretheprevailingtrendanddevelopmentdirectionoffuturedisplaytechnology.Theindustrialchainisdividedintofourmainlinks:upstreamchipmanufacturingandmasstransfer,midstreampanelmanufacturing,anddownstreamcompletemachineapplication.TheMicroLEDandMiniLEDhavewideindustrialapplicationandabroadmarket.(III)ThePCBbusinessTheCompany'sPCBbusinessmainlyinvolveddealinginmetalsubstrateproducts,thickcopperproducts,high-densitymulti-layerandHDI(HighDensityInterconnect)productsandrigid-flexPCBproducts.TheCompanyadoptedaB2Bbusinessmodel,anditsproductswereconcentratedonfourmajorelectronicfields,namelynewenergy,automotiveelectronics,communicationsanddatacenters,andnewconsumerelectronics.TheCompanymadeprofitsfromtheproductpricedifference.
KonkaGroupCo.,Ltd.InterimReport2024
IICoreCompetitivenessAnalysisTheCompany’scorecompetitivenessliesinitsmanufacturingability,R&Dability,brand,marketingnetworkandhumanresources.Intermsofmanufacturingability,theCompanyhascarriedoutintelligentupgradingofmanufacturingbasesinAnhui,Dongguan,Suining,Xinxiang,etc.,ofwhichtheAnhuiKonkaplanthasbeenawardedthetitleof"NationalIntelligentManufacturingDemonstrationFactory",withanadvancedintelligentmanufacturinglevelintheindustry.Ithasdevelopedathree-tierR&Dsystemof“Researchinstitute+keylabs+productdevelopmentcenters”,establishedartificialintelligenceinternetofthingscomprehensivelaboratoryand5GUltraHDlaboratorywithmajoruniversitiesorscientificresearchinstitutions,establishedacademicianworkstation,andbuiltatechnologyresearchalliancematchingtheindustriallayout,withnearly100coretechnologiesandabout1,500R&Dtalents.TheCompanyhasintroducedaround100expertsonthemicroLEDproject.Intermsofbrand,theCompanycontinuestopromotebrandstrategyconstruction,systemconstruction,imageconstructionandculturalconstruction,focusesonimprovingthescientificandinternationalimageoftheenterprise,strengthensthebrandstatus,hasacertainbrandawarenessandreputationintheconsumergroup,andhasgoodbrandcreditinbanksandotherfinancingchannels.Intermsofmarketingchannels,theCompanyinnovateschannelreform,cooperatesonlineandofflineforwin-winresults,andstrivesfordevelopmentathomeandabroad.Regardingofflinechannels,theCompanyhas48branches,morethan300offices,andmorethan5,000after-salesserviceshopsacrossChina,andthemarketingandservicenetworkisalloverthecountry;asforonlinechannels,theCompanyhassettledinTmall,JD,Suning,VIPshop,Pinduoduoandothermainstreame-commerceplatformstodeveloplivee-commercebusiness,andseekanewgrowthpoleforbusinessdevelopment;overseaschannel,thecompanyTheCompany'sbusinesscoversLatinAmerica,Europe,AsiaPacificandothercountriesandregions,withasoundmarketingnetwork.Intermsofhumanresources,theCompanyboastsaleadershipteamofmanyyearsofmanagementandindustryexperience,aswellasahighqualityexecutionteam.IIIAnalysisofMainBusinesses(I)OverviewDuringtheReportingPeriod,theCompanyfollowedthenewdevelopmentstrategyof"OneAxis,TwoWheelsandThreeGrowthDrivers,"andadheredtolong-termvalue-orientedprinciplesaswellastheoperationalstrategyoffocusingonthelongtermandimprovingspecializationtobecomestronger.Italsodeepenedintegrationforspecializationandimplementedleanmanagementtopromotehigh-qualitydevelopment.DuringtheReportingPeriod,theCompanypromotedbusinessrestructuringbyoptimizingsomebusinesslineswhichdidnotproduceagoodsynergiceffectwith
KonkaGroupCo.,Ltd.InterimReport2024
themainbusinessandhadalowgrossmargin.Asaresult,theCompany'soperatingrevenuedeclinedyearonyear.Affectedbythefollowingfactors,theCompany'snetprofitattributabletoitsshareholdersforthefirsthalfof2024wasnegative:
1.Inthefirsthalfof2024,theCompanyactivelyadjusteditssalesstrategyforitsdomesticcolorTVbusinessandoptimizedtheproductstructure.Despitetheyear-over-yearincreaseintherevenueandgrossprofitandthegradualimprovementoftheoperations,theCompany'scolorTVbusinessstillsufferedadeficitduetothelimitedroomforreductionofnecessaryexpensesandthecontinuouslyintensifyingcompetitionintheindustry.
2.Inthefirsthalfof2024,duetothechangesinthepricesofthetradingfinancialassetsheldbytheCompany,theCompany'snetlossonchangesinfairvaluewasapproximatelyRMB-175million,whichaffectedthenetprofitattributabletoitsshareholders.
3.Inthefirsthalfof2024,basedontheprincipleofprudence,theCompanysetasideprovisionsforassetimpairmentofapproximatelyRMB255millioninaccordancewithaccountingpoliciesandestimates,resultinginadecreaseinprofit.
4.Inthefirsthalfof2024,theCompany'ssemiconductorbusinesswasstillattheinitialphaseofindustrialization.Inspiteoftheheavyinvestment,efficientlarge-scaleproductionhadnotbeenachieved,whichaffectedtheCompany'soveralloperatingprofit.
5.TheCompanyfocusedontwolinesofbusiness,"consumerelectronics+semiconductor",and,withtheindustrialdevelopmentneedstakenintoaccount,strategicallyreducedtheinvestmentintensity,henceayear-on-yeardeclineinrelatedincome.(II)Year-on-yearchangesinkeyfinancialdata:
Unit:RMB
H12024
| H12024 | H12023 | Change(%) | Mainreasonforchange | |
| Operatingrevenue | 5,412,530,372.47 | 10,472,061,171.94 | -48.31% | TheCompanytooktheinitiativetooptimisetheindustrytradingbusiness,whichhadalowergrossprofitlevel,resultinginadeclineinitsoperatingrevenue. |
| Costofsales | 5,009,969,615.02 | 10,079,343,784.11 | -50.29% | |
| Sellingexpense | 495,376,454.26 | 558,536,665.53 | -11.31% | |
| Administrativeexpense | 315,946,020.02 | 390,244,567.77 | -19.04% | |
| Financecosts | 280,912,375.66 | 199,075,624.50 | 41.11% | Year-on-yeardecreaseinexchangegainsintheReportingPeriod |
| Incometaxexpense | -51,275,843.13 | -16,710,667.58 | -206.84% | Year-on-yeardecreaseinnetprofitintheReportingPeriod |
| R&Dinvestments | 214,578,026.81 | 237,033,893.11 | -9.47% | |
| Netcashgeneratedfrom/usedinoperatingactivities | -439,338,365.13 | -201,550,105.24 | -117.98% | AlowerpercentageofcashpaymentsforcommoditiesandservicesintotalsalesrevenueintheReportingPeriodcomparedwiththesameperiodoflastyear |
| Netcashgeneratedfrom/usedininvestingactivities | -315,227,824.59 | 433,888,761.35 | -172.65% | DecreasedcashproceedsfromdisinvestmentintheReportingPeriodcomparedwiththesameperiodoflastyear |
KonkaGroupCo.,Ltd.InterimReport2024
Netcashgeneratedfrom/usedinfinancingactivities
| Netcashgeneratedfrom/usedinfinancingactivities | -548,853,897.53 | 291,683,622.46 | -288.17% | IncreasedcashrepaymentofborrowingsintheReportingPeriodcomparedwiththesameperiodoflastyear |
| Netincreaseincashandcashequivalents | -1,296,409,839.47 | 568,156,645.67 | -328.18% |
MaterialchangestotheprofitstructureorsourcesoftheCompanyintheReportingPeriod:
□Applicable√NotapplicableNosuchchanges.(III)Breakdownofoperatingrevenue:
Unit:RMB
| H12024 | H12023 | Change(%) | |||
| Operatingrevenue | As%oftotaloperatingrevenue(%) | Operatingrevenue | As%oftotaloperatingrevenue(%) | ||
| Total | 5,412,530,372.47 | 100% | 10,472,061,171.94 | 100% | -48.31% |
| Byoperatingdivision | |||||
| Consumerelectronics | 4,754,524,671.36 | 87.84% | 4,773,146,814.81 | 45.58% | -0.39% |
| SemiconductorandMemorychipr | 82,962,696.19 | 1.53% | 2,036,903,764.93 | 19.45% | -95.93% |
| Other | 575,043,004.92 | 10.63% | 3,662,010,592.20 | 34.97% | -84.30% |
| Byproductcategory | |||||
| Whitegoods | 2,247,070,655.48 | 41.52% | 2,285,781,923.95 | 21.83% | -1.69% |
| ColorTVs | 2,115,790,827.61 | 39.09% | 1,919,054,194.60 | 18.33% | 10.25% |
| PCB | 231,558,538.52 | 4.28% | 245,209,214.94 | 2.34% | -5.57% |
| Semiconductorandmemorychipr | 82,962,696.19 | 1.53% | 2,036,903,764.93 | 19.45% | -95.93% |
| Other | 735,147,654.67 | 13.58% | 3,985,112,073.52 | 38.05% | -81.55% |
| Byoperatingsegment | |||||
| Domestic | 1,366,369,132.78 | 25.24% | 3,900,990,088.37 | 37.25% | -64.97% |
| Overseas | 4,046,161,239.69 | 74.76% | 6,571,071,083.57 | 62.75% | -38.42% |
(IV)Operatingdivision,productcategoryoroperatingsegmentcontributingover10%ofoperatingrevenueoroperatingprofit:
√Applicable□Notapplicable
Unit:RMB
| Operatingrevenue | Costofsales | Grossprofitmargin | YoYchangeinoperatingrevenue(%) | YoYchangeincostofsales(%) | YoYchangeingrossprofitmargin(%) | |
| Byoperatingdivision | ||||||
| Consumerelectronics | 4,754,524,671.36 | 4,447,363,370.44 | 6.46% | -0.39% | -1.32% | 0.88% |
| Byproductcategory | ||||||
| Whitegoods | 2,247,070,655.48 | 2,014,585,214.49 | 10.35% | -1.69% | -0.29% | -1.26% |
| ColorTVs | 2,115,790,827.61 | 2,069,113,672.93 | 2.21% | 10.25% | 6.07% | 3.86% |
| Byoperatingsegment | ||||||
| Domestic | 4,046,161,239.69 | 3,696,751,585.18 | 8.64% | -38.42% | -40.94% | 3.89% |
| Overseas | 1,366,369,132.78 | 1,313,218,029.84 | 3.89% | -64.97% | -65.62% | 1.82% |
CorebusinessdataoftheprioryearrestatedaccordingtothechangedstatisticalcaliberfortheReportingPeriod:
KonkaGroupCo.,Ltd.InterimReport2024
□Applicable√NotapplicableIVAnalysisofNon-CoreBusinesses
√Applicable□Notapplicable
Unit:RMB
Amount
| Amount | As%oftotalprofit | Mainresource/reason | Recurrentornot | |
| Returnoninvestment | 5,047,444.22 | -0.38% | Notrecurrent | |
| Gain/lossonchangesinfairvalue | -179,800,523.76 | 13.50% | Changesinthefairvalueoffinancialassetinvestments | Notrecurrent |
| Assetimpairments | -255,092,300.13 | 19.15% | Impairmentsofreceivablesandinventories | Notrecurrent |
| Non-operatingincome | 15,773,523.89 | -1.18% | IncreasedgainsthatwerenotdirectlyrelatedtotheCompany’sroutineoperations | Notrecurrent |
| Non-operatingexpense | 6,155,804.84 | -0.46% | Notrecurrent |
VAnalysisofAssetsandLiabilities
1.MaterialChangesinAssetComposition
Unit:RMB
| 30June2024 | 31December2023 | Changeinpercentage(%) | Reasonformaterialchange | |||
| Amount | As%oftotalassets | Amount | As%oftotalassets | |||
| Monetaryassets | 5,514,370,579.43 | 16.07% | 6,506,359,577.02 | 18.16% | -2.09% | |
| Accountsreceivable | 1,856,961,440.23 | 5.41% | 1,726,545,973.08 | 4.82% | 0.59% | |
| Contractassets | 2,712,594.37 | 0.01% | 2,190,385.93 | 0.01% | 0.00% | |
| Inventories | 3,404,537,028.08 | 9.92% | 3,249,897,700.98 | 9.07% | 0.85% | |
| Investmentproperty | 1,516,938,003.43 | 4.42% | 1,470,226,723.87 | 4.10% | 0.32% | |
| Long-termequityinvestments | 5,500,299,082.95 | 16.02% | 5,566,483,863.29 | 15.54% | 0.48% | |
| Fixedassets | 5,050,425,327.42 | 14.71% | 5,218,297,745.16 | 14.57% | 0.14% | |
| Constructioninprogress | 844,964,613.42 | 2.46% | 860,899,498.68 | 2.40% | 0.06% | |
| Right-of-useassets | 199,746,862.53 | 0.58% | 197,054,423.17 | 0.55% | 0.03% | |
| Short-termborrowings | 6,510,087,630.95 | 18.97% | 6,390,592,056.27 | 17.84% | 1.13% | |
| Contractliabilities | 326,016,727.91 | 0.95% | 527,975,160.12 | 1.47% | -0.52% | |
| Long-termborrowings | 7,205,788,337.63 | 20.99% | 7,779,150,079.88 | 21.71% | -0.72% | |
| Leaseliabilities | 165,941,212.56 | 0.48% | 160,218,818.92 | 0.45% | 0.03% | |
2.MajorAssetsOverseas
□Applicable√Notapplicable
3.AssetsandLiabilitiesatFairValue
√Applicable□Notapplicable
Unit:RMB
| Item | Beginningamount | Gain/lossonfair-valuechangesintheReportingPeriod | Cumulativefair-valuechangeschargedtoequity | ImpairmentallowancefortheReportingPeriod | PurchasedintheReportingPeriod | SoldintheReportingPeriod | Otherchanges | Endingamount |
| Financialassets | ||||||||
KonkaGroupCo.,Ltd.InterimReport2024
1.Tradingfinancialassets(derivativefinancialassetsexcluded)
| 1.Tradingfinancialassets(derivativefinancialassetsexcluded) | 469,636,700.78 | -174,699,491.47 | 294,937,209.31 | ||||
| 4.Investmentsinotherequityinstruments | 23,841,337.16 | 23,841,337.16 | |||||
| 5.Othernon-currentfinancialassets | 2,009,676,398.00 | -25,240.65 | 23,742,683.62 | 1,985,908,473.73 | |||
| Subtotaloffinancialassets | 2,503,154,435.94 | -174,724,732.12 | 23,742,683.62 | 2,304,687,020.20 | |||
| Other | 173,396,326.14 | 203,279,738.30 | 173,396,326.14 | 203,279,738.30 | |||
| Totaloftheabove | 2,676,550,762.08 | -174,724,732.12 | 203,279,738.30 | 197,139,009.76 | 2,507,966,758.50 | ||
| Financialliabilities | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Otherchanges
Unit:RMB
| Item | Beginningamount | Gain/lossonfair-valuechangesintheReportingPeriod | Cumulativefair-valuechangeschargedtoequity | ImpairmentallowancefortheReportingPeriod | PurchasedintheReportingPeriod | SoldintheReportingPeriod | Otherchanges | Endingamount |
| Accountsreceivablefinancing | 173,396,326.14 | 203,279,738.30 | 173,396,326.14 | 203,279,738.30 |
SignificantchangestothemeasurementattributesofthemajorassetsintheReportingPeriod:
□Yes√No
4.RestrictedAssetRightsasatthePeriod-End
| Item | Endingcarryingvalue(RMB) | Reasonforrestriction |
| Monetaryassets | 1,135,996,069.35 | Ofwhich,RMB439,611,924.45issecuritydepositsputinpledgeforloansortheissuanceofbankacceptancebills;RMB664.24isinthefiscalcustodyaccount;RMB469,680,000istermdepositsthatcannotbewithdrawninadvance;andRMB226,703,480.66isrestrictedforotherreasons. |
| Accountsreceivable | 1.059,896.50 | Pledgeloan |
| Notesreceivable | 135,131,288.11 | Pledgedtoissuebills |
| Inventories | 477,577,793.08 | Mortgageloan |
| Investmentproperty | 643,316,578.58 | Mortgageloan |
| Fixedassets | 1,599,804,943.86 | Mortgageloan,financelease,andformershareholderguarantee |
| Intangibleassets | 602,911,241.32 | Mortgageloan,financelease,andformershareholderguarantee |
| Constructioninprogress | 46,810,437.16 | Mortgageloan |
| Total | 4,642,608,247.96 |
VIInvestmentsMade
1.TotalInvestmentAmount
√Applicable□Notapplicable
KonkaGroupCo.,Ltd.InterimReport2024
Totalinvestmentamountinthe
ReportingPeriod(RMB)
| TotalinvestmentamountintheReportingPeriod(RMB) | Totalinvestmentamountinthesameperiodoflastyear(RMB) | Change |
| 383,427,125.49 | 541,154,096.54 | -29.15% |
2.MajorEquityInvestmentsMadeintheReportingPeriod
□Applicable√Notapplicable
3.MajorNon-EquityInvestmentsOngoingintheReportingPeriod
√Applicable□Notapplicable
Unit:RMB
| Item | Investmentmethod | Fixedassetsinvestmentornot | Industryinvolved | InputamountintheReportingPeriod | Accumulativeactualinputamountasoftheperiod-end | Capitalresources | Progress | Estimatedrevenues | Accumulativerealizedrevenuesasoftheperiod-end | Reasonfornotmeetingthescheduleandexpectedrevenues | Disclosuredate(ifany) | Disclosureindex(ifany) |
| SuiningKonkaElectronicTechnologyIndustrialPark | Self-build | Yes | Electronicindustry | 37,205,028.90 | 598,131,972.66 | Self-funded | N/A | 2018-10-17 | http://www.cninfo.com.cn/new/index | |||
| ChongqingKonkaSemiconductorPhotoelectricIndustrialPark | Self-build | Yes | Electronicindustry | 46,762,556.54 | 706,020,696.70 | Self-andbankloan-funded | N/A | 2019-06-14 | ||||
| FrestecRefrigerationPark | Self-build | Yes | Electronicindustry | 68,122,046.98 | 527,567,608.05 | Self-andbankloan-funded | N/A | 2020-07-21 | ||||
| Total | -- | -- | -- | 152,089,632.42 | 1,831,720,277.41 | -- | -- | -- | -- | -- |
ThemainbodyoftheFrestecRefrigerationParkhasbeenbasicallycompleted.TheSuiningKonkaElectronicTechnologyIndustrialParkisunderconstruction.RegardingtheSemiconductorPhotoelectricResearchInstituteofChongqingKonkaSemiconductorPhotoelectricIndustrialPark,theinfrastructureofthefirstphasehasbeencompletedandaccepted,withtheremaininginfrastructureconstructionongoing.
4.FinancialInvestments
(1)SecuritiesInvestments
√Applicable□Notapplicable
Unit:RMB
| Varietyofsecurity | Codeofsecurity | Nameofsecurity | Initialinvestmentcost | Accountingmeasurementmethod | Beginningcarryingvalue | Gain/LossonfairvaluechangesinReportingPeriod | Accumulatedfairvaluechangeschargedtoequity | PurchasedinReportingPeriod | SoldinReportingPeriod | Gain/lossinReportingPeriod | Endingcarryingvalue | Accountingtitle | Sourceofinvestmentfunds |
| Domestic/Foreignstock | 003040 | ChutianDragon | 974,897,430.42 | Fairvaluemethod | 469,636,700.78 | -174,699,491.47 | 0.00 | 0.00 | 0.00 | 0.00 | 294,937,209.31 | Tradingfinancialassets | Self-funded |
| Othersecuritiesinvestmentsheldattheperiod-end | 0.00 | -- | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- | -- | ||
| Total | 974,897,430.42 | -- | 469,636,700.78 | -174,699,491.47 | 0.00 | 0.00 | 0.00 | 0.00 | 294,937,209.31 | -- | -- | ||
| Disclosuredateofannouncementonboard’sapproving | 4April2023 | ||||||||||||
KonkaGroupCo.,Ltd.InterimReport2024
securitiesinvestment(ifany)
| securitiesinvestment(ifany) | |
| Disclosuredateofannouncementonshareholders’meetingapprovingsecuritiesinvestment(ifany) | N/A |
(2)InvestmentsinDerivativeFinancialInstruments
□Applicable√NotapplicableNosuchcasesintheReportingPeriod.
5.Useofraisedfunds
√Applicable□Notapplicable
(1)Overalluseofraisedfunds
√Applicable□Notapplicable
Unit:RMB’0,000
| YearofFundraising | MethodforFundraising | TotalRaisedFunds | NetAmountofRaisedFunds | TotalRaisedFundsUsedintheReportingPeriod | TotalRaisedFundsUsed | TotalRaisedFundsUsedforAlteredPurposesintheReportingPeriod | TotalRaisedFundsUsedforAlteredPurposes | ProportionofTotalRaisedFundsUsedforAlteredPurposes | TotalUnusedRaisedFunds | UsesandFlowsofUnusedRaisedFunds | RaisedFundsRemainingUnusedforOverTwoYears |
| 2024 | Corporatebondsnon-publiclyoffered | 150,000 | 149,520 | 150,000 | 150,000 | 0 | 0 | 0.00% | 0 | Notapplicable | 0 |
| 2024 | Corporatebondsnon-publiclyoffered | 40,000 | 39,872 | 0 | 0 | 0 | 0 | 0.00% | 0 | Notapplicable | 0 |
| 2024 | Corporatebondsnon-publiclyoffered | 40,000 | 39,872 | 0 | 0 | 0 | 0 | 0.00% | 0 | Notapplicable | 0 |
| Total | -- | 230,000 | 229,264 | 150,000 | 150,000 | 0 | 0 | 0.00% | 0 | -- | 0 |
| Statementontheoveralluseoftheraisedfunds | |||||||||||
| 1.KonkaGroupCo.,Ltd.'snon-publicofferingofcorporatebonds(TrancheI)toprofessionalinvestorsin2024wascompletedon29January2024,andthefundsraisedduringtheReportingPeriodhavebeenusedup.TheCompanyhasusedtheraisedfundsforthepurposesspecifiedinthebondprospectus,andtheaccountsdedicatedtotheraisedfundshavebeenproperlyfunctioning;2.KonkaGroupCo.,Ltd.'snon-publicofferingofcorporatebonds(TrancheII)(TypeI)toprofessionalinvestorsin2024wascompletedon18March2024.TheraisedfundswerenotusedduringtheReportingPeriod,andhavebeenusedupasatthedateofapprovaloftheCompany'ssemi-annualreport.TheCompanyhasusedtheraisedfundsforthepurposesspecifiedinthebondprospectus,andtheaccountsdedicatedtotheraisedfundshavebeenproperlyfunctioning;3.KonkaGroupCo.,Ltd.'snon-publicofferingofcorporatebonds(TrancheII)(TypeII)toprofessionalinvestorsin2024wascompletedon18March2024.TheraisedfundswerenotusedduringtheReportingPeriod,andhavebeenusedupasatthedateofapprovaloftheCompany'ssemi-annualreport.TheCompanyhasusedtheraisedfundsforthepurposesspecifiedinthebondprospectus,andtheaccountsdedicatedtotheraisedfundshavebeenproperlyfunctioning. | |||||||||||
(2)ProjectsforwhichtheCompanyhasundertakentousewiththeraisedfunds
□Applicable√Notapplicable
KonkaGroupCo.,Ltd.InterimReport2024
(3)Changesintheprojectsforwhichwiththeraisedfundsshallbeused.
□Applicable√NotapplicableNosuchcasesintheReportingPeriod.VIISaleofMajorAssetsandEquityInvestments
1.SaleofMajorAssets
□Applicable√NotapplicableNosuchcasesintheReportingPeriod.
2.SaleofMajorEquityInvestments
□Applicable√NotapplicableVIIIPrincipalSubsidiariesandJointStockCompanies
√Applicable□NotapplicablePrincipalsubsidiariesandjointstockcompanieswithanover10%effectontheCompany’snetprofit:
Unit:RMB
Name
| Name | RelationshipwiththeCompany | Principalactivity | Registeredcapital | Totalassets | Netassets | Operatingrevenue | Operatingprofit | Netprofit |
| ShenzhenKonkaCircuitCo.,Ltd. | Subsidiary | Manufacturingandsaleofelectronics | RMB1,000,000,000 | 665,454,457.25 | 468,096,394.68 | 14,358,024.49 | 4,286,739.86 | 3,418,686.09 |
| HongKongKonkaCo.,Ltd. | Subsidiary | Export&importofelectronics | HKD500,000 | 3,090,370,899.49 | 445,907,279.34 | 1,016,346,108.61 | 15,140,702.62 | 11,972,179.59 |
| ShenzhenKonkaTelecommunictionsTechnologyCompanyLimited | Subsidiary | Manufacturingandsaleofelectronics | RMB480,000,000 | 491,606,994.09 | 279,066,253.69 | 62,495,182.96 | 5,793,265.01 | 5,793,265.01 |
SubsidiariesobtainedordisposedofintheReportingPeriod:
√Applicable□Notapplicable
| Subsidiary | HowsubsidiarywasobtainedordisposedintheReportingPeriod | Effectsonoveralloperationsandoperatingperformance |
| ShenzhenWaikaidaTechnologyCo.,Ltd. | De-registered | Forbetterallocationofassets |
| ChengduAnrenKonkaCulturalandCreativeIncubatorManagementCo.,Ltd. | De-registered | Forbetterallocationofassets |
| ShenzhenKonkaIntelligentManufacturingTechnologyCo.,Ltd. | De-registered | Forbetterallocationofassets |
Informationaboutprincipalsubsidiariesandjointstockcompanies:
NoneIXStructuredBodiesControlledbytheCompany
□Applicable√Notapplicable
KonkaGroupCo.,Ltd.InterimReport2024
XRisksFacingtheCompanyandCountermeasuresInregardtotheconsumerelectronicsbusiness,duetotheincreasinglyfiercemarketcompetition,operatingpressureismounting.Withrespecttothesemiconductorbusiness,economiesofscalehavenotbeengained,despitetheCompany’sbreakthroughsincoretechnologies,asitisstillattheinitialphaseofindustrialisation.Inresponsetotheaboverisks,theCompanywillfocusonmainbusinessdevelopment,promoteleanmanagement,optimiseassetallocation,acceleratetoexpandthescaleofthesemiconductorbusiness,andeffectivelystrengthenprofitability.Consumerelectronicsbusiness:ForitscolorTVbusiness,theCompanywillcloselyfollowthemarketdevelopmenttrendsandsupplychainpricetrends,studyandjudgeconsumers'demandinadvance,andpromotethecontinuousiterationandupgradingoftheproductsystemthroughinstitutionalizationandsystematization;itwillalsocreateexquisiteproducts,enhanceitsprofitabilitythroughqualityproducts,enhanceitsbrandinfluence,andsupportimprovementofbusinessoperations.Asregardsthewhitegoodsbusiness,theCompanywillstrengthenitsuser-centricmindset,acceleratethetransformationofitsproductstructure,drivebrandvaluewithhigh-endproducts,andfullyachievesynergyamongalltypesofproductsandalllinksinthechainduringitsoperations,whilefocusingonchannelinnovation:Forthedomesticbusiness,itwillvigorouslydevelopinterest-basede-commerce;asforexportandOEMproduction,itwilldeeplytapthemarketsinwhichithasadvantagesinthemarketgrain-producingarea,fillmarketvoids,andcontinuouslyimproveitsproductionscaleandprofitability.Inregardtothesemiconductorbusiness:first,theCompanyneedstomaintainitstechnologyleadershipanddrivetheindustrialisationofMicroLEDsinamarket-orientedmanner.Meanwhile,difficultiesinchipandmasstransfertechnologiesshouldcontinuetobetackled,basedoncustomerdemand.Second,theCompanywillfocusonsalestolargecustomerstoachievescalesalesofcommercialMiniLEDproducts.XIImplementationoftheActionPlanfor"DoubleImprovementofQualityandReturn"HastheCompanydisclosedanactionplanfor"dualimprovementofqualityandreturn".
□Yes√No
KonkaGroupCo.,Ltd.InterimReport2024
PartIVCorporateGovernance
IAnnualandExtraordinaryGeneralMeetingConvenedduringtheReportingPeriod
1.GeneralMeetingsConvenedduringtheReportingPeriod
Meeting
| Meeting | Type | Investorparticipationratio | Dateofthemeeting | Dateofdisclosure | Resolutionsofthemeeting |
| The1stExtraordinaryGeneralMeetingof2024 | ExtraordinaryGeneralMeeting | 23.81% | 26February2024 | 27February2024 | Resolutionsofthe1stExtraordinaryGeneralMeetingof2024 |
| The2ndExtraordinaryGeneralMeetingof2024 | ExtraordinaryGeneralMeeting | 1.98% | 18March2024 | 19March2024 | Resolutionsofthe2ndExtraordinaryGeneralMeetingof2024 |
| The2023AnnualGeneralMeeting | AnnualGeneralMeeting | 23.48% | 24June2024 | 25June2024 | Resolutionsofthe2023AnnualGeneralMeeting |
2.ExtraordinaryGeneralMeetingsConvenedattheRequestofPreferenceShareholderswithResumedVotingRights
□Applicable√NotapplicableIIChangeofDirectors,SupervisorsandSeniorManagement
□Applicable√NotapplicableNosuchcasesintheReportingPeriod.Fordetails,pleaserefertotheAnnualReport2023.On26August2024,Mr.LiuFengxiresignedfromthepositionsofChairmanofthe10thBoardofDirectors,DirectorandmemberoftheStrategyCommitteeoftheBoardofDirectorsoftheCompanyduetoworkarrangement,andMr.YaoWeiresignedfromthepositionofNon-IndependentDirectorofthe10thBoardofDirectorsoftheCompanyaswellasfromhispositionintherelevantSpecializedCommitteeoftheBoardofDirectorsduetoworkarrangement.Atthe31stMeetingofthe10thBoardofDirectorsoftheCompanyheldon27August2024,Mr.ZhouBin,theSecretaryofthePartyCommitteeandDirectoroftheCompany,waselectedastheViceChairman(presiding)ofthe10thBoardofDirectorsoftheCompanytoperformthedutiesoftheChairmanoftheBoardofDirectorsandpresideovertheworkoftheBoardofDirectorsoftheCompany.On26August2024,Mr.ZhouBinresignedfromthepositionofPresidentoftheCompanyduetoworkarrangement.Atthe31stMeetingofthe10thBoardofDirectorsoftheCompanyheldon27August2024,Mr.CaoShiping,theformerExecutiveVicePresident,wasappointedasthePresidentoftheCompany,withatermofofficeconsistentwiththetermofofficeofthecurrentseniormanagement.On26August2024,Mr.LiChunleiresignedfromthepositionofChiefFinancialOfficeroftheCompanyduetoworkarrangement.Atthe31stMeetingofthe10thBoardofDirectorsoftheCompanyheldon27August2024,Mr.NieYongwasappointedastheChiefFinancialOfficeroftheCompany,withatermofofficeconsistentwiththetermofofficeofthecurrentseniormanagement.
KonkaGroupCo.,Ltd.InterimReport2024
On26August2024,Mr.WuYongjunresignedfromhispositionofSecretaryoftheBoardoftheCompanyduetoworkarrangement.Atthe31stMeetingofthe10thBoardofDirectorsoftheCompanyheldon27August2024,Mr.LiChunlei,theformerChiefFinancialOfficer,wasappointedastheSecretaryoftheBoardoftheCompany,withatermofofficeconsistentwiththetermofofficeofthecurrentseniormanagement.On26August2024,Mr.LiHongtaoresignedhispositionofVicePresidentoftheCompanyduetopersonalreasons.IIIInterimDividendPlan
□Applicable√NotapplicableTheCompanyhasnointerimdividendplan,eitherintheformofcashorstock.IVEquityIncentivePlans,EmployeeStockOwnershipPlansorOtherIncentiveMeasuresforEmployees
□Applicable√NotapplicableNosuchcasesintheReportingPeriod.
KonkaGroupCo.,Ltd.InterimReport2024
PartVEnvironmentalandSocialResponsibility
IMajorEnvironmentalIssuesIndicatebytickmarkwhethertheCompanyoranyofitssubsidiariesisidentifiedasamajorpolluterbytheenvironmentalprotectionauthorities.
√Yes□NoPoliciesandindustrystandardspertainingtoenvironmentalprotectionTheCompanyabidesbyenvironmentalprotectionlawsandregulations,suchastheEnvironmentalProtectionLawofthePeople’sRepublicofChina,WaterPollutionPreventionandControlLawofthePeople’sRepublicofChina,AirPollutionPreventionandControlLawofthePeople’sRepublicofChina,NoisePollutionPreventionandControlLawofthePeople’sRepublicofChina,SolidWastePollutionPreventionandControlLawofthePeople’sRepublicofChina,andothers.ThewaterpollutantdischargestandardsincludetheEmissionStandardofWaterPollutantsforElectroplatingDB44/1597-2015andtheWaterPollutantDischargeLimitStandardofGuangdongProvinceDB44/26-2001.TheairpollutantemissionstandardsincludetheEmissionStandardofVolatileOrganicCompoundsforPrintingIndustryDB44/815-2010,EmissionStandardofElectroplatingPollutantsGB21900-2008,EmissionStandardofOdorousPollutantsGB14554-93,EmissionControlStandardofVolatileOrganicCompoundsforUnorganizedEmissionsGB37822-2019,TechnicalSpecificationfortheSettingofHazardousWasteIdentificationSignsHJ1276-2022,andPollutionControlStandardsforHazardousWasteStorageGB18597-2023.StatusofEnvironmentalProtectionAdministrativeLicense
1.XingDaHongYeXingDaHongYereceivedapprovalfromtheZhongshanEnvironmentalProtectionBureautoestablishandconstructitsfacilityin2004(ZH.H.J.[2004]No.61),followedbysubsequentapprovalsunderZH.H.J.D.[2008]06250andZH.H.J.D.[2010]04469in2008and2010respectively.AftertheoriginalprojectofXingDaHongYewasputintoproduction,itunderwenttwoacceptancestages:thefirststagein2008(H.Y[2008]02)andthesecondstagein2012(ZH.H.Y.Report[2012]000092).XingdaHongyeenlistedtheservicesoftheZhongshanEnvironmentalProtectionScienceResearchInstituteinDecember2012toperformanenvironmentalimpactevaluationfortheirproposedtechnologicalupgradeandexpansioninitiative.Followingthis,on31December2012,theEnvironmentalProtectionBureauofZhongshanCitygrantedNo.ZH.H.J.SH.(2012)115Approval
KonkaGroupCo.,Ltd.InterimReport2024
ontheEnvironmentalImpactAssessmentReportforTechnologicalUpgradeandExpansionProgramofGuangDongXingDaHongYeElectronicCo.,Ltd.Theschemeallowedforanincreasedproductionofsix-layercircuitboards,eight-layerandabovecircuitboards,andHDIboards,whilereducingtheproductionofsingle-sidedcircuitboards.Afterthecompletionofthetechnologicalupgradeandexpansion,theproductioncapacitywasexpectedtoreachatotalof200,000squaremetersforsingle-sidedcircuitboardsperyear,250,000squaremetersfordouble-sidedcircuitboardsperyear,300,000squaremetersforfour-layercircuitboardsperyear,200,000squaremetersforsix-layercircuitboardsperyear,150,000squaremetersforeight-layerandabovecircuitboardsperyear,and100,000squaremetersforHDIboardsperyear.Thetechnicalrenovationandexpansionprojectmaintainedtheoriginalplatingequipmentandprocessunchangedandaddedabrowningprocesstotheexistingproductionprocess.Theadditionalplatingcapacitywasalloutsourced.Thetechnicalrenovationandexpansionprojectbeganconstructionin2013,wascompletedinJanuary2018,andwascommissionedfrom10Februaryto8July2018.Theconstructionoftheexpansionprojectmettherequirementsoftheenvironmentalimpactreportapprovalandtheconditionsforenvironmentalprotectionacceptanceofthecompletedconstructionproject.In2021,thenationalpollutantdischargepermitofXingDaHongYewasrenewed/replacedwithcertificatenumber91442000768405216J001P.In2022,thenationalpollutantdischargepermitwaschanged,withcertificatenumber91442000768405216J001P.In2023,thenationalpollutantdischargepermitwaschanged,withcertificatenumber91442000768405216J001P
2.BoluoKonkaandBoluoKonkaPrecisionBoluoKonkaPrecisionTechnologyCo.,Ltd.wasapprovedbytheHuizhouEnvironmentalProtectionBureauin2000(H.S.H.J.[2000]No.23)andbeganproductionthesameyear.Itspollutiondischargepermitnumberis91441322721121283N001U.BoluoKonkaenlistedtheservicesofHuizhouEnvironmentalScienceResearchInstituteinJanuary2007tocarryoutanenvironmentalimpactassessmentforitsexpansionproject.No.H.SH.H.J.[2007]J32ApprovalonEnvironmentalImpactReportforBoluoKonka’sDouble-sidedandMultilayerBoardProjectwasissuedbytheEnvironmentalProtectionBureauofHuizhouCityon8February2007.Theapprovedexpansionprojectincludedtheinstallationofelectroplatingequipmentandprocesses,allowingforanincreaseinproductioncapacityto1millionsquaremetersforsingle-sidedcircuitboardsperyearand650,000squaremetersfordouble-sidedandmultilayercircuitboardsperyear.Uponcompletion,theprojectunderwentanenvironmentalprotectionacceptanceinspection,satisfyingtherequirementsoftheenvironmentalimpactassessmentapproval.ThecompanyalsoobtainedapollutantdischargepermitinthesameyearandunderwentanamechangetoBoluoKonkaPrecisionTechnologyCo.,Ltd.In2020,thecompanyreceivedanationalpollutantdischargepermitbearingcertificatenumber91441322799316208F001V.BoluoKonka
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Precisionwillproduce1.65millionsquaremetersperyearofdouble-sidedandmultilayercircuitboards,upontheDepartmentofEcologyandEnvironmentofGuangdongProvince'sapprovaloftheReportontheEnvironmentalImpactoftheCircuitBoardsExpansionProjectwithanAnnualCapacityof1millionsquaremeters(Y.H.SH.[2023]No.124)inJune2023.Theregulationsforindustrialemissionsandtheparticularrequirementsforcontrollingpollutantemissionsthoseareassociatedwithproductionandoperationalactivities.
Nameofpollut
er
| Nameofpolluter | Typeofmajorpollutants | Nameofmajorpollutants | Wayofdischarge | Numberofdischargeoutlets | Distributionofdischargeoutlets | Dischargeconcentration/intensity | Dischargestandardsimplemented | Totaldischarge | Approvedtotaldischarge | Excessivedischarge |
| XingDaHongYe | Pollutionsourcesofwastewater | PH,totalcopper,COD,ammonianitrogen,totalnitrogen,totalphosphorus,totalcyanide,totalnickel,totaliron,totalaluminum,petroleum,suspendedsolids | Dischargeofstationarypollutionsources | 1 | Maindischargeoutletofthewastewaterstation | PH6-9;totalcopper≤0.3mg/L;COD≤50mg/L;ammonianitrogen≤8mg/L;totalnitrogen≤15mg/L;totalphosphorus≤0.5mg/L;totalcyanide≤0.2mg/L;totalnickel≤0.1mg/L;totaliron≤2mg/L;totalaluminum≤2mg/L;petroleum≤2mg/L;suspendedsolids≤30mg/L | GB21900-2008DischargeStandardForPollutantsFromElectroplating | 497,835tons/year | Totaldischargeofmajorpollutants:COD19.061250tons/year;ammonianitrogen3.0498tons/year;totalnitrogen32.9792tons/year;totalphosphorus0.2082tons/year | None |
| XingDaHongYe | Wastegaspollutants | Sulfuricacidfume,hydrogenchloride,formaldehyde,hydrogencyanide,nitrogenoxide,ammonia,benzene,toluene+xylene, | Dischargeofstationarypollutionsources | 14 | Threeontheroofofplant1,tenontheroofofplant2andoneontheroofofthecantee | sulfuricacidfume≤30mg/m3;nitrogenoxide≤200mg/m3;hydrogenchloride≤30mg/m3;hydrogencyanide≤0.5mg/m3;TVOC≤90mg/m3;benzene≤1mg/m3;toluene+xylene≤15mg/m3;tinand | EmissionStandardforElectroplatingPollutantsGB21900-2008AirEmissionLimitsTable5,EmissionstandardofVolatileOrganicCompoundsforPrintingIndustryDB44/815-2010;GuangdongAirPollutantEmissionStandard | 2,986,560,000standardcube/yea | Totaldischarge:2,986,560,000standardcube/year(note:thetotaldischargeisnotstatedinthelatestversionofnationaldischargepermitin2021;two | None |
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TVOC,tinanditscompounds,PM(dust)
| TVOC,tinanditscompounds,PM(dust) | n | itscompounds≤8.5mg/m3;PM(dust)≤120mg/m3 | DB44/27-2001theSecondLevelStandardintheSecondPeriod,EmissionstandardforOdorPollutants(GB14554-1993)Table2Standard | r | exhausttowerswereaddedin2021;calculatedbasedonairvolumeinenvironmentalimpactassessment) | |||||
| BoluoKonkaandBoluoKonkaPrecision | Pollutionsourcesofwastewater | PH,copper,COD,ammonianitrogen,totalnitrogen,totalphosphorus | Dischargeofstationarypollutionsources | 1 | Maindischargeoutletofthewastewaterstation | 1.Emissionstandardforpollutiondischargecertificate:copper≤0.5mg/L;COD≤80mg/L;ammonianitrogen≤10mg/L;totalnitrogen≤20mg/L;totalphosphorus≤0.5mg/L;2.localemissionstandard:copper≤0.5mg/L;COD≤30mg/L;ammonianitrogen≤1.5mg/L;totalnitrogen≤10mg/L;totalphosphorus≤0.3mg/L | 1.Dischargestandardofdischargepermit:DischargeStandardofElectroplatingWaterPollutantforElectroplatingDB44/1597-2015Table1PearlRiverDeltaDischargeStandard;WaterPollutantDischargeLimitStandardofGuangdongProvinceDB44/26-2001;2.Localdischargestandard:BFBH[2019]No.58Document:COD,ammonianitrogen,totalphosphorusbasedon"EnvironmentalQualityStandardsforSurfaceWaterGB3838-2002"CategoryIVwaterstandard,thetotalnitrogendischargereaches50%ofdischargelimitrequirementofthecorrespondingindustry | 318,300tons/yearNote:accordingtodischargepermit | CODis19.2tons/year;ammonianitrogenis2.4tons/year;totalnitrogenis4.8tons/year.Note:accordingtothedischargecertificate | None |
| BoluoKonkaandBoluoKonka | Wastegaspollutants | Sulfuricacidfume,hydrogenchloride, | Dischargeofstationary | 20 | Sixontheroofofplant1, | sulfuricacidfume≤30mg/m3；nitrogenoxide≤200mg/m3；hydrogen | EmissionStandardforElectroplatingPollutantsGB21900-2008AirEmission | / | Thetotaldischargeisnotstatedinthelatestversionof | None |
KonkaGroupCo.,Ltd.InterimReport2024
Precision
| Precision | formaldehyde,hydrogencyanide,nitrogenoxide,ammonia,benzene,methylbenzene,TVOC,tinanditscompounds,PM(dust),oilfume | pollutionsources | fourteenontheroofofplant2andoneinsewagestation | chloride≤30mg/m3；TVOCogenchl；benzenenchlori；methylbenzenoride≤30；dimethylbenzenede≤30mg/；tinanditscompounds≤8.5mg/m3；PM（dust）≤≤standi；oilfume≤2mg/m3 | LimitsTable5,GuangdongAirPollutantEmissionStandardDB44/27-2001theSecondLevelStandardintheSecondPeriod,EmissionstandardforOdorPollutants(GB14554-1993)Table2Standard,Emissionstandardofcookingfume(GB18483-2001) | nationaldischargepermitin2020 |
Treatmentofpollutants
1.XingDaHongYeAllproductionequipmentofGuangdongXingdaHongyeElectronicsCo.,Ltd.hasbeensetupwithsupportingenvironmentalprotectionfacilitiesaccordingtotherequirementsofenvironmentalimpactassessment.Thedischargeofwastewater,wastegasandnoiseaswellasthedisposalofallsolidwastesintheCompanyallmetthestandardsduringtheReportingPeriod.ThesewagetreatmentcentreofGuangdongXingdaHongyeElectronicsCo.,Ltd.withaninvestmentofaboutRMB15millionwasformallyputintoproductioninJune2007,andthetreatmentcapacityofthesewagetreatmentfacilitywas2,566tons/day.Aftertechnicalimprovementandexpansion,thecapacityincreasedto2,900tons/daywiththetreatmentprocessremainingunchanged.In2022,RMB20millionwasinvestedtoincreaseasetofsewagetreatmentfacilitywhichhadbeenputintooperationsoastoensurestabledischargeofsewageuptostandard.Currently,thesewagetreatmentfacilitiesarefunctioningwellandthemainpollutantdischargemeetsthedischargestandardsandenvironmentalassessmentstandards.ThepollutantsaredischargedtoFushachongafterbeingtreatedattheself-builtsewagetreatmentstation.
2.BoluoKonkaandBoluoKonkaPrecisionAllproductionequipmentofBoluoKonkaandBoluoKonkaPrecisionhasbeenreportedforenvironmentalassessment,reviewandapproval.Thesupportingenvironmentalprotectionandpollutioncontrolfacilitieshavebeendesignedbypollutanttypeandconcentrationandeffectivelyoperatedinatargetedmanner.DuringtheReportingPeriod,thedischargestandardsweremetintermsofindustrialwastewater,exhaustandfactorynoise,andallindustrialwastegeneratedwasdisposedofincompliancewithenvironmentallawsandregulations.BoluoKonkawasestablishedin2000.TomanufacturesinglesidedPCBs,itinvested
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approximatelyRMB5millioninconstructingasewagetreatmentstationwithoutthebiochemicaltreatmentfunctionandfeaturingadischargecapacityof300tonsperday.In2007,BoluoKonkaexpandeditsfactorybystartingthePhaseIIproject,whichwassubmittedforenvironmentalassessmentasBoluoKonkaPCBDoubleSidedandMulti-LayerPCBProject(latertheprojectownerwaschangedintoBoluoKonkaPrecision).ItspentaboutRMB10milliononconstructingthePhaseIIsewagetreatmentstationtoaddthebiochemicaltreatmentfunctionwithadischargecapacityof800tonsperday.In2019,accordingtotherequirementsinthedocumentsissuedbyBoluoCountyEcologyandEnvironmentBureau,thetwosewagetreatmentstationsofBoluoKonkaandBoluoKonkaPrecisionmustbeupgradedtowardshigherstandards.Throughcomprehensiveassessmentoftheprofessionalenvironmentalprotectioncompany,itwasdecidedthatthesewagetreatmentstationsofthesaidcompaniesbecombinedtomeettheupgradingrequirements.BoluoCountyEcologyandEnvironmentBureauapprovedthecombinationofthedischargeoutletsoftheaforementionedcompanies,andBoluoKonkawouldappointBoluoKonkaPrecisiontotreatsewage.Afterthecombinationofdischargeoutlets,thedischargecapacitywouldreach1,100tonsperday.TheaforementionedtwocompaniesspentaboutRMB20millionbetween2019and2020onupgradingthesewagetreatmentstationstowardshigherstandards,andaddedindustrialadvancedprocessesandtreatmentsystems,suchasROwatertreatment,FentonoxidationandMBRfilms.Afterthetechnologicalimprovementsandexpansion,thesewagetreatmentreaches2,200tonsperday(withadischargecapacityof1,100tonsperday)withareuserateofmorethan60%.Atpresent,thewastewatertreatmentfacilitiesareoperatingingoodconditions;thedischargeofmajorpollutantsmeetsthedischargestandards.Afteradvancedtreatmentofthewaterreusefacilities,thewatertreatedbythesewagestationsthatmeetsthestandardswillbereusedintheplants,whiletheremainingwaterwillbedischargedtothemunicipalpipenetworktobeprocessedbytheurbanandruralwatertreatmentfactorybeforebeingdischargedtotheGongzhuangRivesectionofDongjiangRiver.Contingencyplanforemergentenvironmentalincident
1.XingDaHongYeInstrictaccordancewithrequirementsoflaws,regulationsandrelevantdocuments,suchasLawofthePeople’sRepublicofChinaonEmergencyResponseandInterimMeasuresonEnvironmentalEmergencyResponsePlan,GuangdongXingdaHongyeElectronicsCo.,Ltd.hasestablishedriskpreventionmeasuresandemergencyresponseplans,keptitsemergencyequipmentinanormalstate,formulatedtheContingencyPlanforEmergentEnvironmentalIncident,andputonrecordsatZhongshanEnvironmentalProtectionBureau,GuangdongProvince,recordNo.:4420002017044M.Inaddition,theCompanyconductsadrillofmajorenvironmentalpollutionincidentonitsfactory
KonkaGroupCo.,Ltd.InterimReport2024
toenhanceitsemergencyresponsecapabilitiesforemergentenvironmentalpollutionincidents.Furthermore,GuangdongXingdaHongyeElectronicsCo.,Ltd.hasbuiltanemergencypool(600m
,undergroundpoolofsewagetreatmentstation)andsetupafirepool(500m
andlocatedonFloor1ofFactoryBuildingNo.2),whichserveastemporarystoragepoolsforexteriordrainageorfiredrainagetoeradicateaccidentaldischargeofwastewaterinthecaseoffailedoperationofthesewagetransmissionpipelineorfireaccidentduetooutageorotherspecialcircumstances.Thesewagetransmissionpipelinehasbeenequippedwithanti-corrosionandcathodicprotectionusinganti-corrosionpipesandcarbonsteelpipes.Pursuanttothenewdischargestandards,therelateddischargepipelinehasbeenmodifiedandtheproductiondepartmenthasbeenrequiredtodischargestrictlyinaccordancewithdischargestandardstocutthecostsofwastewatertreatment.Differenttypesofwastewaterarenormallyandproperlytreatedthroughfineshunting.Personnelhavebeenspeciallyarrangedtomanagethechemicalliquidwarehouseandexertreasonablecontrolandrequirementsovertheliquiddischargebytheplantandtimelytransportationoftheliquidbysuppliers;emergencytoolssuchasprotectivemasks,bootsandimmisciblepumpshavebeenequipped.
2.BoluoKonkaandBoluoKonkaPrecisionBoluoKonkaandBoluoKonkaPrecisionstrictlyabidesbyEmergencyResponseLawofthePeople'sRepublicofChina,InterimMeasuresfortheManagementofEmergencyPlansforUnexpectedEnvironmentalIncidents,otherrelatedlawsandregulationsaswellastherequirementsofrelevantdocuments.Theyhaveestablishedriskpreventionmeasuresandemergencyplans,suchasEmergencyPlanforUnexpectedEnvironmentalIncidents,andhavetheiremergencyequipmentruninanormalstatus.Inaddition,theyhavefiledwithBoluoCountyBranchofEcologyandEnvironmentBureauinHuizhou,GuangdongandHuizhouEcologyandEnvironmentBureaurespectivelywiththefileNo.441322-2024-0009-Mand441322-2024-0011-M.Theyorganizeallstafftoconductdrillsformajorenvironmentalpollutionincidentseveryyeartoimprovetheirabilityfortheemergencyresponsetounexpectedenvironmentalpollutionincidents.BoluoKonkaandBoluoKonkaPrecisionarewellequippedwithallnecessaryfacilitiesforemergencyresponsetounexpectedincidents,includinganemergencyresponsepoolofindustrialwastewater(500m3,underthegroundofthesewagetreatmentstation)andafirefightingreservoir(300m3,locatedbesidethestaffdormitorybuilding).Intheeventofanunexpectedenvironmentalincident,suchasleakageorfailureofawastewatertransportingpipe,theemergencyresponsepoolwillpreventanyaccidentofindustrialwastewater;intheeventofafiresafetyaccident,thefirefightingreservoirwillbeputintouse.Alldepartmentsarerequiredtodischargepollutantsstrictlyinaccordancewithpollutantdischargestandardstoreducethecostsofwastewatertreatmentbyproperlyandreasonablydividingsolutionandwastewaterdischargedfromtheplants.
KonkaGroupCo.,Ltd.InterimReport2024
Thechemicalwarehousesaremanagedbydesignatedpersonnel,withstandardcontrolandrequirementsovertheloadingandunloadingofchemicalproductsbysuppliers.Intermsofemergencyresponsesupplies,afullsetofemergencyrescuetoolsareprepared,includinggasmasks,acidandalkalineresistantboots,gloves,goggles,safetyropes,helmets,firesandandsubmersiblepumps.InputinenvironmentalgovernanceandprotectionandpaymentofenvironmentalprotectiontaxInthefirsthalfof2024,approximatelyRMB16millionwasinputbytheCompanyinenvironmentalgovernanceandprotectionandatotalofRMB32.85thousandofenvironmentalprotectiontaxwaspaidbytheCompany.Environmentalself-monitoringplan
1.XingDaHongYeAccordingtotherequirementsoftheEnvironmentalProtectionAdministration,XingdaHongyeattachesgreatimportancetoenvironmentalmonitoringmanagement.Thus,pursuanttotheMeasuresforSelf-MonitoringandInformationDisclosureofNationalKeyMonitoredEnterprises,theReportontheEnvironmentalImpactoftheTechnicalImprovementandExpansionProjectofGuangdongXingdaHongyeElectronicsCo.,Ltd.andthereplyopinionsforenvironmentalimpactassessment,theCompanyhasformulatedtheEnvironmentalSelf-MonitoringPlanandreportedtothemunicipalenvironmentalprotectionbureauforapprovalandrecord.ItimplementsonlinemonitoringforthePH,CODandammonianitrogenpollutantsdischargedinwastewaterthroughreal-timemonitoringandanautomaticfrequencyofeverytwohours,entruststhequalifiedthird-partyonlinemonitoringequipmentoperationandmaintenanceinstitutetocarryoutperiodicmaintenanceonautomaticmonitoringequipmentandmonitoringdatanetworkingequipment,andentruststhequalifiedthird-partymonitoringunittocarryoutthe“threewastes”projectmonitoring.Allself-monitoringplanresultswillbereportedanddisclosedonpublicplatformsonaperiodicbasis.Inthecaseofnormalproduction,theresultswillbeupdatedonadailybasis,withonlinemonitoringdataaredisclosedinrealtime,ormanualmonitoringdataonamonthlyandquarterlybasisaredisclosedeverytwohours.
2.BoluoKonkaandBoluoKonkaPrecisionInaccordancewiththerequirementsoftheenvironmentalprotectionadministration,BoluoKonkaandBoluoKonkaPrecisionattachgreatimportancetoenvironmentalmonitoringmanagement.Thus,pursuanttotheMeasuresforSelf-MonitoringandInformationDisclosureofNationalKeyMonitoredEnterprisesandrequirementsoftheenvironmentalimpactassessment,theyhave
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formulatedtheEnvironmentalSelf-MonitoringPlanandreportedtotheMunicipalEnvironmentProtectionBureauforapprovalandrecord.Meanwhile,thePHandflowrateofwastewaterdischargeareautomaticallymonitoredinrealtime,andthepollutantssuchasCOD,ammonianitrogenandtotalphosphorusareautomaticallymonitoredonlineeverytwohours.Furthermore,theyentrustthequalifiedthird-partyonlinemonitoringequipmentoperationandmaintenanceinstitutetocarryoutperiodicmaintenanceonautomaticmonitoringequipmentandmonitoringdatanetworkingequipment,andentrustthequalifiedthird-partymonitoringunittocarryoutthe"threewastes"projectmonitoring,inlinewiththenewlyreleasednationalpollutantdischargepermitandthecorporateself-monitoringplansthathavebeenfiled.Allself-monitoringplanresultswillbereportedanddisclosedonpublicplatformsonaperiodicbasis.Inthecaseofnormalproduction,theresultswillbeupdatedonadailybasis,withonlinemonitoringdataaredisclosedinrealtime,ormanualmonitoringdataonamonthlyandquarterlybasisaredisclosedeverytwohours.NoadministrativepunishmentswerereceivedintheReportingPeriodduetoenvironmentalissues.Otherenvironmentalinformationthatshouldbedisclosed
1.XingDaHongYeTheenvironmentalprotectioninvestmentofGuangdongXingdaHongyeElectronicsCo.,Ltd.forthefirsthalfof2024wasapproximatelyRMB11million,mainlyusedforthedepreciationinEnvironmentalgovernanceequipmentandfacilities,treatmentofsewage,wastegasandsolidwaste,aswellasthemaintenanceandupgradingofenvironmentalprotectionequipment.
2.BoluoKonkaandBoluoKonkaPrecisionFromJanuarytoJune2024,BoluoKonkaandBoluoPrecisioninvestedatotalofapproximatelyRMB5millionforenvironmentalprotection,whichwasmainlyusedforthedailytreatmentofwastewaterandwastegasandmaintenanceoffacilities.Meanwhile,BoluoKonkaandBoluoPrecisionseparatelydisclosedenvironmentalinformation,suchasinformationontheindustrialsewage,wastegas,noiseandsolidwaste,onenvironmentalprotectionplatforms,suchastheGuangdongInformationPlatformforEnvironmentalRegulationofSolidWaste,NationalInformationPlatformforEmissionPermitManagement-forEnterprises,GuangdongIoTPlatformforAutomaticMonitoringofPollutionSourcesintheWholeProcess-forEnterprises,PlatformforEnvironmentalStatisticsSystems,andSystemforAutomaticMonitoringofKeyPollutantDischargeEntitiesandtheBasicDatabase(forEnterprises).MeasurestakentodecreasecarbonemissionintheReportingPeriodandcorrespondingeffects
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□Applicable√NotapplicableOtherEnvironmentalInformationAccordingtotheexaminationbytheCompany,theCompanyanditsotherholdingsubsidiariesarenotkeypollutantunits.Allhavefaithfullyimplementedthelawsandregulationsrelatedtoenvironmentalprotection,suchasEnvironmentalProtectionLawofthePeople'sRepublicofChina,WaterPollutionPreventionandControlLawofthePeople'sRepublicofChina,LawofthePeople'sRepublicofChinaonthePreventionandControlofAtmosphericPollution,LawofthePeople'sRepublicofChinaonPreventionandControlofPollutionFromEnvironmentalNoise,LawofthePeople'sRepublicofChinaonthePreventionandControlofEnvironmentalPollutionbySolidWasteinthedailyproductionandoperation.IISocialResponsibilityTheCompanyinsiststheprincipleofhealth,stabilityandsustainabledevelopmenttobenefitshareholdersandemployeesandsatisfycustomers.Inpursuitofeconomicprofitsandprotectionofshareholders’profits,theCompanyisactiveinprotectinglegalrightsofdebtorsandemployees,treatingsuppliers,customersandconsumersingoodfaith,andparticipatinginenvironmentalprotectionandcommunityestablishmentforharmoniousdevelopmentoftheCompanyandsociety.
1.Toprotectrightsofshareholdersandcreditors
(1)TheCompanyprotectsrightsofshareholdersTheCompanyinsistsprotectionofrightsforallshareholders,especiallyequalstatusandlegalrightsformediumandsmallshareholders,andmakeinsuranceofrightstobeinformed,participationandvote.TheCompanywouldperformallobligationsofinformationdisclosuretoensuretimely,accurateandcompleteinformationandstrictlyexecuteconfidentialsystemofregistrarandinsiderinformationtoguaranteejustice.TheCompanypaysattentiontorepaytoshareholders,andinsistsmutualdevelopmentwithinvestors.Inthepreviousthreeyears,theCompanysharesdividendswithallshareholders.TheCompanystrictexecutesdividendpoliciesregulatedinArticlesofAssociation.AllcashdividendscomplywithregulationsinArticlesofAssociationandrequirementsinshareholders’conference.
(2)TheCompanyprotectsrightsofcreditorsInfullconsiderationoflegalrightsofcreditors,theCompanycomplieswithstrictbusinessrulesofcreditcooperationtoguaranteelegalrightsofcreditors.Nodamagesuponrightsofcreditorshappened.
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2.TheCompanyperformsresponsibilitiestosuppliersandcustomers
(1)Itisdevotedtoimprovecustomerservicequality.TheCompanyisinsistingphilosophyofcustomerorientationtostrengthencustomerservicemanagement,serviceconsciousnessforemployees,servicelevelsandtoprotectrightsforcustomers.Throughcustomerservicehot-line,fieldvisitandfollow-upservice,theCompanyhassetagoodcorporateimageforcustomers.
(2)BehonesttosuppliersFollowingtheprincipleofintegrityandmutuallybeneficialcooperation,theCompanykeepsgoodcooperativerelationswithsuppliersateachlevel.Thecorporateprincipleisopen,fairandimpartialtostandardizeprocurement,protectsuppliers’legalrightsandlaysolidfoundationforfurthercooperation.
3.BeenthusiastictosocialandpublicwelfareundertakingsBasedontheprincipleofappreciatingandrepayingthesociety,theCompanyhasparticipatedinallkindsofactivitiesforpublicwelfare,cooperatedwithsociety,undertakensocialresponsibilitiesactivelyandpromotedharmoniousdevelopmentbetweenenterpriseandsociety.
4.BeresponsibleforemployeesTheCompanyinsiststheprincipleofpeopleorientationtoimproveworkingenvironment,promoteoccupationalskills,provideopportunityandplatformfordevelopmentandgrowthandencourageselfupgradationandrealizationforemployees.Mutualimprovementforemployeesandenterprisecouldbeachieved.
(1)Behonestandlaw-abidingtoprotectlegalrightsforemployeesTheCompanywouldstrictlycomplywithlawsandregulationsinLaborLawandLaborContractLawtosignlaborcontractwithemployeeswithfairtreatmentinemployment,payment,promotion,training,demissionandretirement.Also,theCompanywouldpayallkindsofinsurancesandhousingfundforemployees.Regularphysicalexaminationwouldbeorganizedforeachyear.Anyproblemsfoundwouldrequirere-examinationandconsultationfromadoctor.TheCompanywouldimprovelivingquality;enhancecohesiveforceandsenseofbelongingsthroughaseriesofsafeguardmeasures.
(2)ToprotectoccupationalhealthforemployeesTheCompanywouldestablishandperfecttraining,safetyassessmentbysecuritysystemtoguaranteethesafetyandoccupationalhealthforemployees.Ontheotherhand,bypromotionofthe
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importanceofsafety,safetyawarenesswouldberootedinthehearttomakeallemployeesabidebysafetystandardsandfullyplaysubjectiveinitiativeinprotectingself-occupationalsafetyandproductionsafety.
(3)TopromoteoccupationalskillsbydiversifiedprofessionaltrainingTheCompanyhasalwayspaidgreatattentionondiversifiedtrainingforemployees.Ontheonehand,theCompanywouldbemeticulousintrainingofregularbusinessandoccupationalskillsandcarryoutallrequirementspositivelytoimproveprofessionallevelsbynormaltrainingmanagement.Ontheotherhand,theCompanywouldestablishmethodsofself-trainingplatform,traininginstructor,themetrainingandlecturestoprovidecolorfultrainingactivities.Besidesthework,professionalandcomprehensivequalitywouldbefullypromoted.
5.BeresponsibleforenvironmentTheCompanyconcernsaboutenvironmentalchangesandcloserelationshipswithenvironmentbycreatinglowcarboneconomyintechnicalinnovation,fromgreenmanufacturing,greenproductstogreenindustrycirculareconomy.TheCompanywouldprovideeffortsinprotectingglobalecologicalenvironment.InJune2012,subsidizedproductscataloguehadbeenreleasedjointlybyNationalDevelopmentandReformCommission,MinistryofIndustryandInformationandMinistryofFinance.Subsequently,theCompanywouldundertakeallsocialresponsibilitiesbyimprovingstrategicmanagement,sustainabledevelopmentandenterpriseeconomicefficiency.Itwouldreattributeallshareholdersandwouldprotectlegalrightsforcreditorsandemployees.Tobehonesttosuppliersandcustomers,theCompanywouldservelocaleconomicdevelopmentandparticipateinsocialpublicwelfareactivitiesandenvironmentprotection.Itwouldundertakeallresponsibilitiesinmanyfieldsandmakeattributionstosocial,economic,andenvironmentalsustainabledevelopmentforasocialismharmonioussociety.
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PartVISignificantEvents
ICommitmentsoftheCompany’sDeFactoController,Shareholders,RelatedPartiesandAcquirers,aswellastheCompanyItselfandOtherEntitiesFulfilledintheReportingPeriodorOngoingatthePeriod-End
□Applicable√NotapplicableNosuchcasesintheReportingPeriod.IIOccupationoftheCompany’sCapitalbytheControllingShareholderoranyofItsRelatedPartiesforNon-OperatingPurposes
□Applicable√NotapplicableNosuchcasesintheReportingPeriod.IIIIrregularitiesintheProvisionofGuarantees
□Applicable√NotapplicableNosuchcasesintheReportingPeriod.IVEngagementandDisengagementofIndependentAuditorAretheinterimfinancialstatementsaudited?
□Yes√NoTheinterimfinancialstatementsoftheCompanyhavenotbeenaudited.VExplanationsGivenbytheBoardofDirectorsandtheSupervisoryCommitteeRegardingtheIndependentAuditor's“ModifiedOpinion”ontheFinancialStatementsoftheReportingPeriod
□Applicable√NotapplicableVIExplanationsGivenbytheBoardofDirectorsRegardingtheIndependentAuditor's“ModifiedOpinion”ontheFinancialStatementsofLastYear
□Applicable√NotapplicableVIIInsolvencyandReorganization
□Applicable√NotapplicableNosuchcasesintheReportingPeriod.VIIILegalMattersSignificantlawsuitsandarbitrations:
√Applicable□Notapplicable
Generalinformation
| Generalinformation | Involvedamount(RMB’0,000) | Provision | Progress | Decisionsandeffects | Executionofdecisions | Disclosuredate | Indextodisclosedinformation |
| Duetoadisputearisingfroman | 16,681.2 | No | Thecaseis | TheCompany | Thecase | 24 | http:/ |
KonkaGroupCo.,Ltd.InterimReport2024
entrustmentcontract,ShenzhenKonkaPengrunTechnology&IndustryCo.,Ltd.,asubsidiaryoftheCompany,institutedlegalproceedingsagainstGuang'anOuqishiElectronicTechnologyCo.,Ltd.,GuanHongshao,HuayingGaokedeElectronicTechnologyCo.,Ltd.,HuayingGaokelongElectronicTechnologyCo.,Ltd.,GuizhouJiaguidaTechnologyCo.,Ltd.,SichuanHongrongyuanPropertyCo.,Ltd.,DuXinyu,LinBolong,andWangShisheng,seekinganorderthatthedefendantsshouldpaythepurchasepriceofgoodsandliquidateddamages.
| entrustmentcontract,ShenzhenKonkaPengrunTechnology&IndustryCo.,Ltd.,asubsidiaryoftheCompany,institutedlegalproceedingsagainstGuang'anOuqishiElectronicTechnologyCo.,Ltd.,GuanHongshao,HuayingGaokedeElectronicTechnologyCo.,Ltd.,HuayingGaokelongElectronicTechnologyCo.,Ltd.,GuizhouJiaguidaTechnologyCo.,Ltd.,SichuanHongrongyuanPropertyCo.,Ltd.,DuXinyu,LinBolong,andWangShisheng,seekinganorderthatthedefendantsshouldpaythepurchasepriceofgoodsandliquidateddamages. | intheenforcementphase. | haswonthelawsuit,whichisnowintheenforcementphase. | isintheenforcementphase. | November2022 | /www.cninfo.com.cn/new/index | ||
| Duetoadisputearisingfromasecuritycontract,AnhuiKonkaElectronicCo.,Ltd.,asubsidiaryoftheCompany,institutedlegalproceedingsagainstMaoxinyuanElectronics(Shenzhen)Co.,Ltd.,seekinganorderthatthedefendantshouldassumeitsjointandseveralliabilitytotheplaintiffundertheguarantee. | 2,128.62 | No | Thecasehasbeenclosed. | TheCompanyhaswonthelawsuit.ThecourtruledthatthedefendantshouldrepaytheprincipalofUSD2,364,400,defaultinterest,etc.RMB17,538,700hasbeenrecoveredthroughenforcementmeasures.Thecasehasbeenclosed. | Thecasehasbeenclosed. | 24November2022 | |
| Duetoadisputearisingfromanequitytransferagreement,theCompanyinstitutedlegalproceedingsagainstBeijingLangruihaotengTechnologyDevelopmentCo.,Ltd.,BeijingBeidaJadeBirdSecuritySystemEngineeringTechnicalCo.,Ltd.,andBeijingJingruihaotengTechnologyDevelopmentCo.,Ltd.,requestingthefinalpaymentfortheequitytransfer. | 4,540.76 | No | Thecaseisintheenforcementphase. | TheCompanyhaswonthelawsuit,whichisnowintheenforcementphase. | Thecaseisintheenforcementphase. | 1June2023 | |
| Duetoadisputeovercapitalincrease,theCompany'ssubsidiary,ShenzhenKonkaInvestmentHoldingCo.,Ltd.,appliedforarbitrationtowardtheShenzhenCourtofInternationalArbitration,requestingtherespondents,namelyElionResourcesGroupCo.,Ltd.andElionEcologicalCo.,Ltd.,toperformtherepurchaseobligation. | 9,790.53 | No | Thecasehasbeenclosed. | TheCompanyhaswonthelawsuit,andRMB132,235,400hasbeenrecoveredthroughenforcementmeasures.Thecasehasbeenclosed. | Thecasehasbeenclosed. | 1June2021 |
KonkaGroupCo.,Ltd.InterimReport2024
Duetoacontractdispute,ShenzhenOrientalVentureCapitalInvestmentCo.,Ltd.initiatedlegalproceedingsagainsttheCompany,requestinganorderthattherepurchaseamountandliquidateddamagesbepaid.
| Duetoacontractdispute,ShenzhenOrientalVentureCapitalInvestmentCo.,Ltd.initiatedlegalproceedingsagainsttheCompany,requestinganorderthattherepurchaseamountandliquidateddamagesbepaid. | 75,214.75 | No | TheCompanyhaswonthelawsuitinthefirstinstance.Thesecond-instancetrialisongoing. | Thesecond-instancetrialisongoing. | Thetrialofthecaseisongoing. | 24November2022 |
| Duetoadisputeoverbankruptcy,XinxiangJiaHuiDakeluoCraftsProductsCo.,Ltd.initiatedlegalproceedingsagainsttheCompany'ssubsidiaryHenanFrestecElectricalAppliancesCo.,Ltd.,requestingaconfirmationthattheend-of-periodVATcreditthathadbeenrefundedbythetaxauthoritytothedefendantshouldbeapartofotherpropertyavailablefordistribution. | 4,576.7 | No | Thesecond-instancetrialisongoing. | Thesecond-instancetrialisongoing. | Thetrialofthecaseisongoing. | 1June2023 |
| Duetoadisputearisingfromaninternationalsaleofgoodscontract,AnhuiKangzhiTradeCo.,Ltd.,asubsidiaryoftheCompany,initiatedlegalproceedingsagainstB<ECHNOLOGYCO.,LIMITED,seekinganorderthattherespondentshouldpaythepurchasepriceofgoodsandliquidateddamages. | 2,845.19 | No | TheCompanyhaswonthelawsuit,andtherulinghastakeneffect. | TheCompanyhaswonthelawsuit. | Thecaseisintheenforcementphase. | 24November2022 |
Note:CourtsorarbitrationbodiesruledinfavoroftheCompanyinthefollowingcaseswhicharecurrentlyunderenforcement.DetailsofthesecasescanbefoundintheCompany'sAnnouncementonLargeAmountPendingLawsuitsandArbitrationsdisclosedon25June2019(AnnouncementNo.2019-63),theAnnouncementonAccumulativeLawsuitsandArbitrationsdisclosedon19September2020(AnnouncementNo.2020-97),theAnnouncementonAccumulativeLawsuitsandArbitrationsdisclosedon1June2021(AnnouncementNo.2021-48),theAnnouncementonAccumulativeLawsuitsandArbitrationsdisclosedon1December2021(AnnouncementNo.2021-101),theAnnouncementonAccumulativeLawsuitsandArbitrationsdisclosedon24November2022(AnnouncementNo.2022-89),theAnnouncementonAccumulativeLawsuitsandArbitrationsdisclosedon1June2023(AnnouncementNo.2023-37),theAnnouncementonAccumulativeLawsuitsandArbitrationsdisclosedon22June2023(AnnouncementNo.2023-39)andtheCompany'speriodicreports:1.Asmaturednoteswerefailedtobeaccepted,theCompanyhasfiledalawsuitwiththecourttorequestChinaEnergyElectricFuelCo.,Ltd.,ChinaEnergy(Shanghai)EnterpriseCo.,Ltd..,ShanghaiNengpingindustrialCo.,Ltd.,andShenzhenQianhaiBaoyingFactoringCo.,Ltd.topaythebillandthecorrespondinginteresttotheCompany;2.Asmaturednoteswerefailedtobeaccepted,theCompanyhasfiledalawsuitwiththecourttorequestShanghaiHuaxinInternationalGroupCo.,Ltd.andTianjinInternationalTradePetrochemicalCo.,Ltd.topaythebillandthecorrespondinginteresttotheCompany;3.Asmaturednoteswerefailedtobeaccepted,theCompanyhasfiledalawsuitwiththecourttorequestShanghaiHuaxinInternationalGroupCo.,Ltd.QingdaoBondedZhongsheInternationalTradingCo.,Ltd.andShenzhenQianhaiBenniuAgriculturalTechnologyCo.,Ltd.topaythebillandthecorrespondinginteresttotheCompany;4.Asaconsequenceofthenon-paymentofabilluponitsexpiry,KongkaFactoringhasinstitutedlegalproceedingsbeforethecourt.ThelawsuitseeksaninjunctiveordermandatingTaheGroupCo.,Ltd.,FuzhouTaijiaIndustrialCo.,Ltd.,andXiamenLianchuangMicroelectronicsCo.,Ltd.toremitpaymentforthebillamount,alongwiththecorrespondinginterest,toKongkaFactoring.;5.Asmaturednoteswerefailedtobeaccepted,theCompanyhasfiledalawsuitwiththecourttorequestHefeiHuajunTradingCo.,Ltd.andWuhanJialianAgriculturalTechnologyDevelopmentCo.,Ltd.topaythebillandthecorrespondinginteresttotheCompany;6.Duetodisputearisenfromalogisticscontract,theCompany’ssubsidiaryAnhuiKonkafiledalawsuittorequestthefreightforwarderShanghaiTriangleLinkLogisticsCo.,Ltd.ShenzhenBranchtomakecompensation;7.Duetocontractdispute,theCompany’ssubsidiaryShenzhenNianhuaappliedforarbitrationtorequesttherespondentFangXianglongandJiangYan
KonkaGroupCo.,Ltd.InterimReport2024
tomakecompensationforcorrespondingannualprofitandfundpossessioncost;8.Duetopaymentdispute,theCompany’ssubsidiaryHongKongKonkaappliedforanarbitrationtoShenzhenCourtofInternationalArbitrationtorequesttherespondentMakenaElectronic(HongKong)topayforgoodsandliquidateddamages;9.Asaresultofadisputestemmingfromaninternationalsaleofgoodscontract,AnhuiKonkaElectronicCo.,Ltd.,asubsidiaryoftheCompany,hasinitiatedlegalproceedingsagainstMaoxinyuanElectronics(HongKong)Co.,Ltd.Thelawsuitseeksaninjunctiveordercompellingtherespondenttopaytheapplicanttheoverduepaymentinterestlosses;10.Asaresultoftherepurchasedispute,theCompanysuedLuoZaotong,LuoJingxia,LuoZongyin,LuoZongwuandShenzhenYaodeTechnologyCo.,Ltd.foranordertopaythesharerepurchaseamounttogetherwithinterests.11.Becauseofadisputeoveracontract,theCompanyfiledalawsuitwithZhengzouIntermediatePeople'sCourt,requiringHenanRadioandTelevisionNetworkCo.,Ltd.totakedeliveryofgoods,makepaymentforgoods,andpayinterestandliquidateddamagesaccordingtothecontract.12.Asaresultofcontractualdisputes,ShenzhenKonkaUnifortuneTechnologyCo.,Ltd.,asubsidiaryoftheCompany,hasinitiatedlegalproceedingsagainstShenzhenYaodeTechnologyCo.,Ltd.,DongshengXinluoTechnology(Shenzhen)Co.,Ltd.,ShenzhenHongyaoDingshengInvestmentManagementLimitedPartnership,ShenzhenXiangruiYingtongInvestmentManagementLimitedPartnership,LuoJingxia,LuoZongwu,LuoZongyin,LuoZaotong,andLuoSaiyin,seekingrestitutionforgoodsreceivedandclaimingdamagesforbreachofcontract.13.OnaccountoftheinfringementoftheCompany’strademarkrightsandthepracticeofunfaircompetition,alawsuithasbeeninstitutedbytheCompanyagainstXinshangElectronicsCo.,Ltd.,locatedinFu’anCity,aswellasFujianZhaoguanIndustryandTradeCo.,Ltd.,JinhuaKangjiaMedicalEquipmentFactory,andWangJun,seekinganinjunctiveordertohalttheinfringement,andclaimingcompensationforanyincurredlosses.14.Duetothedisputeovertheentrustmentcontract,AnhuiKangjiaElectronicsCo.,Ltd.,asubsidiaryofthecompany,suedShenzhenMeisenPlasticElectronicsCo.,Ltd.,ShantouMeisenTechnologyCo.,Ltd.,LinYuanqin,HuangRuirongandJiangsuHuadongHardwareCityCo.,Ltd.,askingforanordertoterminatethecontract,returnthepaymentforgoodsandpayliquidateddamages,andgiveprioritytothemortgageproperty.15.Duetothecontractdispute,theCompany'ssubsidiaryAnhuiKangjiaElectronicsCo.,Ltd.suedShantouMeisenTechnologyCo.,Ltd.,ShenzhenMeisenSourcePlasticElectronicsCo.,Ltd.,LinYuanqin,HuangRuirong,JiangsuHuadongHardwareCityCo.,Ltd.,requiringtheordertoterminatethecontract,thedefendanttoreturnthepaymentandpayliquidateddamages,themortgagepropertyprioritycompensation.16.Duetothedisputeovertheloancontract,theCompanysuedYantaiKangyueInvestmentCo.,Ltd.,requiringthedefendanttorepaytheloanandinterest.17.Duetothesharebuybackdispute,theCompany'ssubsidiaryShenzhenNianhuaEnterpriseManagementCo.,Ltd.suedFangXianglongandJiangYantobuybacktheshareandpaythebuybackprice.18.Duetothedisputeoverthesalescontract,SichuanKangjiaIntelligentTerminalTechnologyCo.,Ltd.,asubsidiaryoftheCompany,suedShenzhenJunxingCommunicationTechnologyCo.,Ltd.,ShenzhenHongxingFengdaIndustrialDevelopmentCo.,Ltd.,ShenzhenJunxingJunyeElectronicsCo.,Ltd.,LiuyangHuaichuanHeyuanVillaCo.,Ltd.,ZengJiankaiandZhongYuhua,demandingpaymentofgoodsandliquidateddamages.Thecaseisbeingexecuted.19.Duetoacontractdispute,theCompany'ssubsidiaryKonkaMobilityCo.,LimitedinitiatedlegalproceedingsagainstGenstarHongKongLimited,ZengJiankaiandZhongYuhua,demandingpaymentofpriceofgoodsandliquidateddamages;20.duetoadisputearisingfromanentrustmentcontract,HenanFrestecRefrigerationApplianceCo.,Ltd.,asubsidiaryoftheCompany,initiatedlegalproceedingsagainstShenzhenMeisenyuanPlasticElectronicsCo.,Ltd.,ShantouMeisenTechnologyCo.,Ltd.,LinYuanqin,HuangRuirongandChuangfuCommerce&TradePlazaRealEstateDevelopment(Huizhou)Co.,Ltd.,requestinganorderthatthecontractberescinded,thepaymentforgoodsberefunded,theliquidateddamagesbepaidandthedebtsbepreferentiallypaidwiththemortgagedproperty;21.duetoadisputearisingfromanentrustmentcontract,HainanKonkaMaterialTechnologyCo.,Ltd.,asubsidiaryoftheCompany,initiatedlegalproceedingsagainstShantouMeisenTechnologyCo.,Ltd.,ShenzhenMeisenyuanPlasticElectronicsCo.,Ltd.andJiangsuHuadongHardwareCityCo.,Ltd.,requestinganorderthatthecontractberescinded,thepaymentforgoodsberefunded,theliquidateddamagesbepaidandthedebtsbepreferentiallypaidwiththemortgagedproperty;22.duetoadisputearisingfromasalescontract,DongguanKonkaElectronicCo.,Ltd.,asubsidiaryoftheCompany,initiatedlegalproceedingsintheNanshanPrimaryPeople'sCourt,Shenzhen,requestinganorderthatDongguanHighEnergyPolymerMaterialsCo.,Ltd.,WangDong,ShenzhenXinlianXingyaoTradingCo.,Ltd.,ShenzhenJinchuanQianchaoNetworkTechnologyCo.,Ltd.,PuningJunlongTradingCo.,Ltd.,andHuangZhihaopaytheoverdueamountpayableforgoodsandthecorrespondingliquidateddamages.Thefollowingcaseshavebeendisclosedincurrentannouncementsandperiodicreportsandarecurrentlyintrial.DetailsofthesecasescanbefoundintheCompany'sAnnouncementonLargeAmountPendingLawsuitsandArbitrationsdisclosedon25June2019(AnnouncementNo.2020-97)andtheAnnouncementonAccumulatedLawsuitsandArbitrationsdisclosedon1June2021(AnnouncementNo.2021-48)andtheAnnouncementonAccumulativeLawsuitsandArbitrationsdisclosedon1December2021(AnnouncementNo.2021-101),theAnnouncementonAccumulativeLawsuitsandArbitrationsdisclosedon24November2022(AnnouncementNo.2022-89),theAnnouncementonAccumulativeLawsuitsand
KonkaGroupCo.,Ltd.InterimReport2024
Arbitrationsdisclosedon1June2023(AnnouncementNo.2023-37),theAnnouncementonAccumulativeLawsuitsandArbitrationsdisclosedon22June2023(AnnouncementNo.2023-39)andtheCompany'speriodicreports:1.ThecustomerofHongKongKonka,H-BUSTERSAOPAULOINDUSTRIAECOMERCIOS.A(Brazil)wasinsolvent,andobtainedtheapprovalofthejudicialreorganizationapplicationofCotiaThirdCivilCourtoftheCourtofSaoPaulo,BrazilinMay2013.AsthecreditorofH-BUSTER,HongKongKonkafiledthedebtdeclarationdocuments,andinAugust2014,theamountconfirmedofdebtwasUSD2.78million.2.Becauseofadisputeoveranagencyagreement,theCompany'ssubsidiary,HenanFrestecRefrigerationApplianceCo.,Ltd.,suedShantouMeisenTechnologyCo.,Ltd.,ShenzhenMeisenyuanPlasticElectronicsCo.,Ltd.,LinYuanqin,HuangRuirong,JiangsuHuadongHardwareZoneCo.,Ltd.,andChuangfuCommerce&TradePlazaRealEstateDevelopment(Huizhou)Co.,Ltd.,requestingtoterminatethecontractandrequestingthemtoreturnthepaymentofgoodsandliquidateddamagesandpriorityshallbegiventothepaymentforthesecuredassets.3.Asthenoteswerenotrepaidatmaturity,theCompanyfiledalawsuitwiththecourt,requestingthatWuhanJialianAgriculturalScienceandTechnologyDevelopmentCo.,Ltd.beorderedtohonourthenotesaswellasthecorrespondinginteresttotheCompany.4.Asaresultofadisputearisingfromaninternationalsaleofgoodscontract,JiaxinTechnologyCo.,Ltd.,asubsidiaryoftheCompany,hasinitiatedlegalproceedingsagainstDingxinElectronicTechnology(HongKong)Co.,Ltd.,ChenWenhuan,andChenBaohong,seekinganorderforthedefendantstopayforthegoodsandclaimingdamagesforbreachofcontract;5.Duetoadisputearisingfromaninstallmentpurchasecontract,WuRonghasinstitutedlegalproceedingsagainsttheCompanyanditssubsidiary,ShenzhenKonkaElectronicsTechnologyCo.,Ltd.,seekinganorderforthepaymentofthepurchasepriceandoverduepaymentinteresttotheplaintiff.6.Duetoacontractualdispute,ShenzhenKonkaUnifortuneTechnologyCo.,Ltd.,asubsidiaryoftheCompany,filedalawsuitagainstShenzhenJunxingCommunicationTechnologyCo.,Ltd.,GumeiElectronics(Hongkong)TechnologyLimited,ShenzhenHongxingfengdaIndustrialDevelopmentCo.,Ltd.,ShenzhenJunxingJunyeElectronicsCo.,Ltd.,ZengJiankai,ZhangZhenyu,HerewinTechnologyGroup(HK)Co.,Ltd.,ZhangLixia,AnhuiBaolinIndustrialCo.,Ltd.,ZengQingpeng,andZhongYuhuatoreturnthepaymentforgoodsandpaythecorrespondingliquidateddamages.7.Duetoadisputeoverthecancellationofcreditor'srights,theCompany’ssubsidiaryAnhuiKonkaElectronicCo.,Ltd.filedalawsuitagainstWuRongandMakenaElectronic(Shenzhen)Co.,Ltd.,seekingforthecancellationoftheAgreementontheTransferofCreditor'sRightsandtherelevantsupplementalagreementpreviouslysignedbythedefendants.8.Duetoapurchaseandsalescontract,SichuanShuwuGuangrunLogisticsCo.,Ltd.filedalawsuitagainsttheCompany’ssubsidiaryDongguanKonkaElectronicCo.,Ltd.,requestingthelattertomakepaymentforgoodsandpayliquidateddamages.
9.Duetoapurchaseandsalescontractofinternationalgoods,MicroCrystalTransferGroupLtd.filedalawsuitagainsttheCompany’ssubsidiaryChongqingKonkaOptoelectronicTechnologyResearchInstituteCo.,Ltd.,requestingthelattertomakepaymentforgoodsandpayliquidateddamages.10.Duetoacontractualdispute,theCompanyfiledalawsuitagainstZhuXinming,LengSumin,GongqingchengJinzhuanrongInvestmentManagementPartnership(LimitedPartnership),andGongqingchengXinruiInvestmentManagementPartnership(LimitedPartnership),requestingthemtopaytheperformancecompensation.11.AsJiangxiXinxinJian’anEngineeringCo.,Ltd.(hereinafterreferredtoasthe“JiangxiXinxin”),JiangxiShanshiTechnologyDevelopmentCo.,Ltd.(hereinafterreferredtoasthe“JiangxiShanshi”)andJiangxiZhongyiDecorationMaterialsCo.,Ltd.(hereinafterreferredtoasthe“JiangxiZhongyi”)failedtorepayaloanandcorrespondinginteresttoChinaGreatWallAssetManagementCo.,Ltd.JiangxiBranch(hereinafterreferredtoas“GreatWallAssetJiangxiBranch”),GreatWallAssetJiangxiBranchinitiatedlegalproceedingsinacourt,requestingarulingthatJiangxiXinxin,JiangxiShanshiandJiangxiZhongyirepayloanstotalingRMB300million,liquidateddamagestotalingRMB108,000,andinterestofRMB13.65million,andrequesting9guarantors,includingJiangxiKonka,XinfengMicrocrystallineandNanocrystal,toassumetheirjointandseveralliabilityundertheguarantee.
Otherlegalmatters:
□Applicable√NotapplicableIXPunishmentsandRectifications
□Applicable√NotapplicableNosuchcasesintheReportingPeriod.XCreditQualityoftheCompanyaswellasitsControllingShareholderandDeFactoController
□Applicable√Notapplicable
KonkaGroupCo.,Ltd.InterimReport2024
XIMajorRelated-PartyTransactions
1.ContinuingRelated-PartyTransactions
√Applicable□Notapplicable
Related
party
| Relatedparty | RelationshipwiththeCompany | Typeoftransaction | Specifictransaction | Pricingprinciple | Transactionprice | Totalvalue(RMB’0,000) | As%oftotalvalueofallsame-typetransactions | Approvedtransactionline(RMB’0,000) | Overtheapprovedlineornot | Methodofsettlement | Obtainablemarketpriceforsame-typetransactions | Disclosuredate | Indextodisclosedinformation |
| OCTEnterprisesCo.,Ltdanditssubsidiaries | Underthesameactualcontroller | Purchaseofcommoditiesandservices | Propertymanagement,utilities,officeleases | Negotiatedprice | Marketprice | 4,293.77 | 0.90% | 15,000 | Not | Cash | N/A | 2April2024 | http://www.cninfo.com.cn/new/index |
| OCTEnterprisesCo.,Ltdanditssubsidiaries | Underthesameactualcontroller | Salesofgoodsandservices | SaleofTVs,intelligentterminals,etc.andcollectionofinstallationchargesforsmartTVterminals | Negotiatedprice | Marketprice | 3,705.58 | 0.73% | 10,000 | Not | Cash | N/A | 2April2024 | http://www.cninfo.com.cn/new/index |
| Total | -- | -- | 7,999.35 | -- | 25,000 | -- | -- | -- | -- | -- | |||
| Large-amountsalesreturnindetail | N/A | ||||||||||||
| GivetheactualsituationintheReportingPeriod(ifany)whereanestimatehadbeenmadeforthetotalvalueofcontinuingrelated-partytransactionsbytypetooccurintheReportingPeriod | TheCompanyhaspublishedtheForecastingPublicNoticeonRoutineRelated-partyTransactionforY2024onSecuritiesTimes,ShanghaiSecuritiesNews,andChinaSecuritiesJournalaswellastheInternetwebsitedesignatedbyCSRChttp://http://www.cninfo.com.cn/new/indexon2April2024.IntheReportingPeriod,thebasisforpricing,transactionprice,transactionamountandsettlementmethodsofrawmaterialspurchasedbytheCompanywerebasicallyinaccordancewiththeforecast.ThetotalamountincurredwasRMB79.9935million. | ||||||||||||
| Reasonforanysignificantdifferencebetweenthetransactionpriceandthemarketreferenceprice(ifapplicable) | N/A | ||||||||||||
2.Related-PartyTransactionsRegardingPurchaseorDisposalofAssetsorEquityInvestments
□Applicable√NotapplicableNosuchcasesintheReportingPeriod.
3.Related-PartyTransactionsRegardingJointInvestmentsinThirdParties
□Applicable√NotapplicableNosuchcasesintheReportingPeriod.
4.CreditsandLiabilitieswithRelatedParties
√Applicable□NotapplicableIndicatebytickmarkwhethertherewereanycreditsandliabilitieswithrelatedpartiesfornon-operatingpurposes.
√Yes□NoNocreditsreceivablewithrelatedpartiesLiabilitiespayabletorelatedparties:
| Relatedparty | Relatedrelationship | Formingreason | Beginningbalance(RMB’0,000 | IncreasedintheReporting | RecoveredintheReporting | Interestrate | InterestintheReporting | Endingbalance(RMB’0,000 |
KonkaGroupCo.,Ltd.InterimReport2024
)
| ) | Period(RMB’0,000) | Period(RMB’0,000) | Period(RMB’0,000) | ) | ||||
| OCTEnterprisesCo.,Ltd. | Controllingshareholder | TheCompanyappliesentrustedloantoit | 81,091.00 | 0 | 0 | 3.45% | 1,414.36 | 81,091.00 |
| 50,000.00 | 0 | 0 | 3.45% | 872.08 | 50,000.00 | |||
| 70,000.00 | 0 | 0 | 3.45% | 1,220.92 | 70,000.00 | |||
| EffectsofliabilitieswithrelatedpartiesontheCompany’soperatingresultsandfinancialconditions | TheCompanyappliesentrustedloanfromOCTEnterprisesCo.,Ltd.whichmeetstheneedsofthecompany'sexistingbusinessdevelopmentandreducesthefinancingcost. | |||||||
5.TransactionswithRelatedFinanceCompanies
□Applicable√NotapplicableTheCompanydidnotmakedepositsin,receiveloansorcreditfromandwasnotinvolvedinanyotherfinancebusinesswithanyrelatedfinancecompanyoranyotherrelatedparties.
6.TransactionswithRelatedPartiesbyFinanceCompaniesControlledbytheCompany
□Applicable√NotapplicableThefinancecompanycontrolledbytheCompanydidnotmakedeposits,receiveloansorcreditfromandwasnotinvolvedinanyotherfinancebusinesswithanyrelatedparties.
7.OtherMajorRelated-PartyTransactions
√Applicable□NotapplicableCounter-securityprovidedbytheCompanytoapplyforbanks'creditfacilitiesandthepaymentofthesecurityfee:Atthe23rdmeetingheldbythe10thBoardofDirectorson1March2024andthesecondExtraordinarygeneralmeetingofshareholdersin2024,whichwasheldon18March2024,theCompanydeliberatedonandapprovedtheProposalontheCompany'sProvisionofCounter-securitytoApplyforBanks'CreditFacilitiesandPaymentofSecurityFees.Toreducefinancingcostsandoptimizethedebtstructure,theCompanyplanstorequestOverseasChineseTownHoldingsCompanytoprovideanunconditionalandirrevocablejointandseveralguaranteeforthefullamountofthecreditfacilitiesnotexceedingRMB1.6billionwhichtheCompanyplanstoapplytowardbanks.Accordingly,theCompanyplanstoprovidecounter-securitywiththesameamountandtermtoOverseasChineseTownHoldingsCompany;theamountofthecounter-securityisexpectednottoexceedRMB1.6billion,andthesecuredlinesofcreditareexpectedtostayvalidfornomorethanthreeyears.Atthesametime,theCompanyplanstopayOverseasChineseTownHoldingsCompanysecurityfeesforthesecuredamountactuallyused,andthesecurityfeesareexpectednottoexceed0.5%ofthesecuredamountactuallyused,thatis,ifthesecuredamountisRMB1.6billion,thetotalamountofsecurityfeespaidbytheCompanywillnotexceedRMB8million,subjecttothespecificcontractterms.Indextothepublicannouncementsaboutthesaidrelated-partytransactionsdisclosed
| Titleofpublicannouncement | Disclosuredate | Disclosurewebsite |
| AnnouncementontheCompany'sProvisionofCounter-securitytoApplyforBanks'CreditFacilitiesandPaymentofSecurityFeesandRelatedPartyTransactions | 2March2024 | http://www.cninfo.com.cn/new/index |
KonkaGroupCo.,Ltd.InterimReport2024
XIIMajorContractsandExecutionthereof
1.Entrustment,ContractingandLeases
(1)Entrustment
□Applicable√NotapplicableNosuchcasesintheReportingPeriod.
(2)Contracting
□Applicable√NotapplicableNosuchcasesintheReportingPeriod.
(3)Leases
√Applicable□NotapplicableNotetoleasesNosignificantleasesintheReportingPeriod.ThetotalrentalrevenueofKonkaR&DBuilding,KonkaGuangmingTechnologyCentreandotherpropertieswasapproximatelyRMB54.60millionintheReportingPeriod.Theprojectbringingaboutgainsorlossesasover10%oftotalprofitintheReportingPeriod
□Applicable√NotapplicableNosuchcasesintheReportingPeriod.
2.MajorGuarantees
√Applicable□Notapplicable
Unit:RMB'0,000
GuaranteesprovidedbytheCompanyanditssubsidiariesforexternalparties(exclusiveofthoseforsubsidiaries)
| GuaranteesprovidedbytheCompanyanditssubsidiariesforexternalparties(exclusiveofthoseforsubsidiaries) | ||||||||||
| Obligor | Disclosuredateoftheguaranteelineannouncement | Lineofguarantee | Actualoccurrencedate | Guaranteeamount | Typeofguarantee | Collateral(ifany) | Counterguarantee(ifany) | Termofguarantee | Havingexpiredornot | Guaranteeforarelatedpartyornot |
| EconTechnology | 28April2022 | 50,000 | 30September2022 | 1,624 | Joint-liability | No | Not | 2years | Not | Not |
| 23November2022 | 2,748 | Joint-liability | No | Not | 1yearandahalf | Not | Not | |||
| 22May2023 | 1,499 | Joint-liability | No | Not | 4years | Not | Not | |||
| 5July2023 | 4,997 | Joint-liability | No | Not | 1year | Not | Not | |||
| 19July2023 | 2,498 | Joint-liability | No | Not | 1year | Not | Not | |||
| 28August2023 | 999 | Joint-liability | No | Not | 1year | Not | Not | |||
| 29December2023 | 1,374 | Joint-liability | No | Not | 1year | Not | Not | |||
| 28December2023 | 2,498 | Joint-liability | No | Not | 1year | Not | Not | |||
| 6February2024 | 125 | Joint-liability | No | Not | 1year | Not | Not | |||
| 1March2024 | 4,489 | Joint-liability | No | Not | 1year | Not | Not | |||
KonkaGroupCo.,Ltd.InterimReport2024
30April2024
| 30April2024 | 500 | Joint-liability | No | Not | 1year | Not | Not | ||||||||
| JiangxiXinxinJian’anEngineeringCo.,Ltd. | 10,000 | 12December2016 | 10,000 | Joint-liability | No | Not | Not | Not | |||||||
| JiangxiZhongyiDecorationMaterialsCo.,Ltd. | 10,000 | 12December2016 | 10,000 | Joint-liability | No | Not | Not | Not | |||||||
| JiangxiShanshiTechnologicalDevelopmentCo.,Ltd. | 10,000 | 12December2016 | 10,000 | Joint-liability | No | Not | Not | Not | |||||||
| OCTGroup | 30March2022,25February2023,10August2023and1March2024 | 710,000 | 8September2022 | 60,000 | Joint-liability | No | Not | 3years | Not | Yes | |||||
| 18October2022 | 60,000 | Joint-liability | No | Not | 3years | Not | Yes | ||||||||
| 22September2023 | 50,000 | Joint-liability | No | Not | 3years | Not | Yes | ||||||||
| 13December2023 | 50,000 | Joint-liability | No | Not | 3years | Not | Yes | ||||||||
| 29January2024 | 150,000 | Joint-liability | No | Not | 3years | Not | Yes | ||||||||
| 18March2024 | 80,000 | Joint-liability | No | Not | 3years | Not | Yes | ||||||||
| 26March2024 | 50,000 | Joint-liability | No | Not | 3years | Not | Yes | ||||||||
| 25June2024 | 60,000 | Joint-liability | No | Not | 2years | Not | Yes | ||||||||
| TotalapprovedlineforsuchguaranteesintheReportingPeriod(A1) | 160,000 | TotalactualamountofsuchguaranteesintheReportingPeriod(A2) | 345,114 | ||||||||||||
| TotalapprovedlineforsuchguaranteesattheendoftheReportingPeriod(A3) | 1,237,370 | TotalactualbalanceofsuchguaranteesattheendoftheReportingPeriod(A4) | 613,351 | ||||||||||||
| GuaranteesprovidedbetweentheCompanyandsubsidiaries | |||||||||||||||
| Obligor | Disclosuredateoftheguaranteelineannouncement | Lineofguarantee | Actualoccurrencedate | Guaranteeamount | Typeofguarantee | Collateral(ifany) | Counterguarantee(ifany) | Termofguarantee | Havingexpiredornot | Guaranteeforarelatedpartyornot | |||||
| AnhuiTongchuang | 25February2023 | 55,000 | 19October2023 | 10,000 | Joint-liability | No | Not | 1year | Not | Not | |||||
| 20November2023 | 3,000 | Joint-liability | No | Not | 1yearandahalf | Not | Not | ||||||||
| 20June2024 | 5,000 | Joint-liability | No | Not | 1year | Not | Not | ||||||||
| 20May2024 | 5,000 | Joint-liability | No | Not | 1year | Not | Not | ||||||||
| BoluoPrecision | 28April2022and25February2023 | 12,500 | 15January2024 | 4,000 | Joint-liability | No | Not | 1year | Not | Not | |||||
| 25August2023 | 4,500 | Joint-liability | No | Not | 3years | Not | Not | ||||||||
| 29January2024 | 2,000 | Joint-liability | No | Not | 1year | Not | Not | ||||||||
| Electronics | 25February | 100,000 | 2April2024 | 8,500 | Joint-liability | No | Not | 1year | Not | Not | |||||
KonkaGroupCo.,Ltd.InterimReport2024
Technology
| Technology | 2023 | 26September2023 | 50,000 | Joint-liability | No | Not | 1year | Not | Not | |
| DongguanKonka | 24March2021and25February2023 | 90,000 | 23June2021 | 80,000 | Joint-liability | No | Not | 10years | Not | Not |
| JiangxiKonka | 31October2018 | 6,000 | 15August2023 | 6,000 | Joint-liability | No | OthershareholderofJiangxiKonkaprovidesacounterguaranteefortheCompanyfor49%oftheguaranteeline | 1year | Not | Not |
| SichuanKonka | 24March2021and25February2023 | 20,000 | 23May2023 | 4,000 | Joint-liability | No | No | 3years | Not | Not |
| NingboKhrElectricAppliance | 28April2022 | 12,000 | 2March2023 | 6,000 | Joint-liability | No | No | 1yearandahalf | Not | Not |
| 13July2023 | 6,000 | Joint-liability | No | No | 1year | Not | Not | |||
| YibinKangrun | 24October2020 | 10,000 | 13November2020 | 10,000 | Joint-liability | No | OthershareholderofYibinKangrunprovidesacounterguaranteefortheCompanyfor33%oftheguaranteeline | 4years | Not | Not |
| TelecommunicationTechnology | 28April2022 | 20,000 | 23July2023 | 7,500 | Joint-liability | No | No | 1year | Not | Not |
| AnhuiKonka | 28April2022 | 110,000 | 10August2021 | 10,216 | Joint-liability | No | OthershareholderofAnhuiKonkaprovidesacounterguaranteefortheCompanyfor22%oftheguaranteeline | 10years | Not | Not |
| 29October2021 | 7,000 | Joint-liability | No | 5years | Not | Not | ||||
| 24October2022 | 7,000 | Joint-liability | No | 4years | Not | Not | ||||
| 19September2022 | 7,000 | Joint-liability | No | 2years | Not | Not | ||||
| 25June2023 | 5,000 | Joint-liability | No | 5years | Not | Not | ||||
| 31August2023 | 5,500 | Joint-liability | No | 1year | Not | Not | ||||
| 22September2023 | 18,000 | Joint-liability | No | 1year | Not | Not | ||||
| KonkaCircuit | 24March2021 | 50,000 | 22December2023 | 5,000 | Joint-liability | No | No | 1year | Not | Not |
| 19July2023 | 10,000 | Joint-liability | No | 3yearsandahalf | Not | Not | ||||
| MobileInterconnection | 28April2022and25February2023 | 15,000 | 10November2023 | 7,000 | Joint-liability | No | No | 1year | Not | Not |
| KonkaXinyunSemiconductor | 24March2021 | 30,000 | 12July2021 | 8,278 | Joint-liability | No | No | 5years | Not | Not |
| 26May2024 | 6,000 | Joint-liability | No | No | 2years | Not | Not |
KonkaGroupCo.,Ltd.InterimReport2024
YibinKonkaIntelligent
| YibinKonkaIntelligent | 24March2021 | 980 | 27March2024 | 980 | Joint-liability | No | No | 1year | Not | Not | ||||
| ChongqingKonka | 24March2021 | 55,600 | 13December2022 | 38,000 | Joint-liability | No | No | 15years | Not | Not | ||||
| FrestecSmartHome | 28April2022 | 12,240 | 30January2024 | 10,200 | Joint-liability | No | No | 3years | Not | Not | ||||
| KonkaSoftElectronic | 28April2022 | 19,000 | 19December2022 | 975 | Joint-liability | No | No | 4years | Not | Not | ||||
| SuiningKonkaHongye | 28April2022and25February2023 | 27,500 | 24January2024 | 19,010 | Joint-liability | No | No | 14years | Not | Not | ||||
| Xi'anKanghongTechnologyIndustryDevelopmentCo.,Ltd. | 25February2023 | 30,000 | 26May2023 | 30,000 | Joint-liability | No | No | 10years | Not | Not | ||||
| TotalapprovedlineforsuchguaranteesintheReportingPeriod(B1) | 0 | TotalactualamountofsuchguaranteesintheReportingPeriod(B2) | 60,690 | |||||||||||
| TotalapprovedlineforsuchguaranteesattheendoftheReportingPeriod(B3) | 964,855 | TotalactualbalanceofsuchguaranteesattheendoftheReportingPeriod(B4) | 406,659 | |||||||||||
| Guaranteesprovidedbetweensubsidiaries | ||||||||||||||
| Obligor | Disclosuredateoftheguaranteelineannouncement | Lineofguarantee | Actualoccurrencedate | Guaranteeamount | Typeofguarantee | Collateral(ifany) | Counterguarantee(ifany) | Termofguarantee | Havingexpiredornot | Guaranteeforarelatedpartyornot | ||||
| No | ||||||||||||||
| TotalapprovedlineforsuchguaranteesintheReportingPeriod(C1) | 0 | TotalactualamountofsuchguaranteesintheReportingPeriod(C2) | 0 | |||||||||||
| TotalapprovedlineforsuchguaranteesattheendoftheReportingPeriod(C3) | 0 | TotalactualbalanceofsuchguaranteesattheendoftheReportingPeriod(C4) | 0 | |||||||||||
| Totalguaranteeamount(totalofthethreekindsofguaranteesabove) | ||||||||||||||
| TotalguaranteelineapprovedintheReportingPeriod(A1+B1+C1) | 160,000 | TotalactualguaranteeamountintheReportingPeriod(A2+B2+C2) | 405,804 | |||||||||||
| TotalapprovedguaranteelineattheendoftheReportingPeriod(A3+B3+C3) | 2,202,225 | TotalactualguaranteebalanceattheendoftheReportingPeriod(A4+B4+C4) | 1,020,010 | |||||||||||
| Totalactualguaranteeamount(A4+B4+C4)as%oftheCompany’snetassets | 224.02% | |||||||||||||
| Ofwhich: | ||||||||||||||
KonkaGroupCo.,Ltd.InterimReport2024
Balanceofguaranteesprovidedforshareholders,actualcontrollerandtheirrelatedparties(D)
| Balanceofguaranteesprovidedforshareholders,actualcontrollerandtheirrelatedparties(D) | 560,000 |
| Balanceofdebtguaranteesprovideddirectlyorindirectlyforobligorswithanover70%debt/assetratio(E) | 1,020,010 |
| Amountbywhichthetotalguaranteeamountexceeds50%oftheCompany’snetassets(F) | 792,345 |
| Totalofthethreeamountsabove(D+E+F) | 1,020,010 |
| JointresponsibilitiespossiblyborneintheReportingPeriodforundueguarantees(ifany) | No |
| Provisionofexternalguaranteesinbreachoftheprescribedprocedures(ifany) | No |
Compoundguarantees:
None
3.CashEntrustedforWealthManagement
√Applicable□NotapplicableOverviewofcashentrustedforwealthmanagementintheReportingPeriod
Unit:RMB’0,000
| Type | Fundingsource | Amount | Undueamount | Unrecoveredoverdueamount | Unrecoveredoverdueamountwithprovisionforimpairment |
| Trustfinancialproducts | Self-owned | 10,000 | 10,000 | 0 | 0 |
| Total | 10,000 | 10,000 | 0 | 0 | |
High-riskentrustedwealthmanagementwithsignificantsingleamountorlowsecurityandpoorliquidity:
□Applicable√NotapplicableWhetherthereisthecasewheretheprincipalcannotberecoveredatmaturityorothercasewhichmaycauseimpairmentforentrustedwealthmanagement
□Applicable√Notapplicable
4.OtherMajorContracts
□Applicable√NotapplicableNosuchcasesintheReportingPeriod.XIIIOtherSignificantEvents
√Applicable□Notapplicable(I)Initiationandestablishmentoffunds:ThetotalscaleoftheOriental-KonkaIndustryM&AFundwasRMB1,001,000,000.ShenzhenKonkaInvestmentHoldingCo.,Ltd.contributedRMB500million,accountingfor49.95%ofthetotalunits.Bythedateofthisreport,ShenzhenKonkaInvestmentHoldingCo.,Ltd.hascontributedRMB487,344,000.ThefundinvestedinJiangxiYahuaElectronicMaterialsCo.,Ltd.,PotronTechnologyCo.,Ltd.,etc.ThetotalscaleoftheKunshan-CITIC-KonkaEmergingIndustryDevelopmentInvestmentFund
KonkaGroupCo.,Ltd.InterimReport2024
wasRMB1,006,000,000.ShenzhenKonkaInvestmentHoldingCo.,Ltd.contributedRMB500million,accountingfor49.70%ofthetotalunits.Bythedateofthisreport,ShenzhenKonkaInvestmentHoldingCo.,Ltd.hascontributedRMB195.21million.ThefundinvestedinUNIONTECH,HerculesMicrosystems(HME),etc.ThetotalscaleoftheTongxiangWuzhenJiayuDigitalEconomicIndustryFundwasRMB500million.ShenzhenKonkaInvestmentHoldingCo.,Ltd.contributedRMB200million,accountingfor40%ofthetotalunits.Bythedateofthisreport,ShenzhenKonkaInvestmentHoldingCo.,Ltd.hascontributedRMB200,000,000.ThefundinvestedinFeidiTechnology(Shenzhen)Co.,Ltd.,AllystarTechnology(Shenzhen)Co.,Ltd.,etc.ThetotalscaleofYanchengKangyanIndustryInvestmentFunwasRMB3,000million.ShenzhenKonkaInvestmentHoldingCo.,Ltd.andShenzhenKonkaCapitalEquityInvestmentManagementCo.,Ltd.contributedRMB1201,500,000,accountingfor40.05%ofthetotalunits.Bythedateofthisreport,ShenzhenKonkaInvestmentHoldingCo.,Ltd.andShenzhenKonkaCapitalEquityInvestmentManagementCo.,Ltd.havecontributedRMB217.36million.ThefundinvestedinAnhuiZhongdianXingfaandXinlongCo.,Ltd.,ChongqingE2infoTechnologyCo.,Ltd.,etc.ThetotalscaleofYibinKanghuiElectronicInformationIndustryEquityInvestmentFundwasRMB1,002,000,000.ShenzhenKonkaInvestmentHoldingCo.,Ltd.andShenzhenKonkaCapitalEquityInvestmentManagementCo.,Ltd.contributedRMB401million,accountingfor40.02%ofthetotalunits.Bytheissuancedateofthisreport,ShenzhenKonkaInvestmentHoldingCo.,Ltd.hascontributedRMB104million.ThefundinvestedinChongqingE2infoTechnologyCo.,Ltd.,etc.ThetotalscaleofChongqingKangxinEquityInvestmentFundwasRMB2billion.ShenzhenKonkaInvestmentHoldingCo.,Ltd.andShenzhenKonkaCapitalEquityInvestmentManagementCo.,Ltd.contributedRMB1billion,accountingfor50%ofthetotalunits.Bythedateofthisreport,ShenzhenKonkaInvestmentHoldingCo.,Ltd.andShenzhenKonkaCapitalEquityInvestmentManagementCo.,Ltd.havecontributedRMB148,248,300.ThefundinvestedinShanghaiVEIGLOInformationSystemCo.,Ltd.,JiangxiTaideWisdomTechnologyCo.,Ltd.,etc.(II)Corporatebondsissue:Asforthenon-publicofferingofcorporatebondsofRMB2.3billion,RMB1.5billionandRMB0.8billionofcorporatebondshavebeenissuedon29January2024and18March2024,respectively.(III)Disclosureindexofsignificantinformation
AnnouncementNo.
| AnnouncementNo. | Date | Title | Pageonnewspaper | Websitelink |
| 2024-01 | 30January2024 | AnnouncementonResultsofNon-publicOfferingofCorporateBonds(TrancheI)in2024 | SecuritiesDailyB53,ShanghaiSecuritiesNews36,etc. | http://www.cninfo.com.cn/new/index |
| 2024-02 | 31January2024 | 2023AnnualResultForecast | SecuritiesDailyB76,ShanghaiSecuritiesNews10,etc. | |
| 2024-03 | 7February2024 | AnnouncementonResolutionsofthe22ndMeetingofthe10thBoardofDirectors | SecuritiesDailyB128,ShanghaiSecuritiesNews74,etc. |
KonkaGroupCo.,Ltd.InterimReport2024
2024-04
| 2024-04 | 7February2024 | AnnouncementonResolutionsofthe10thMeetingofthe10thBoardofSupervisors | SecuritiesDailyB128,ShanghaiSecuritiesNews74,etc. |
| 2024-05 | 7February2024 | AnnouncementonRevisionoftheCompany'sArticlesofAssociationandOtherPolicies | SecuritiesDailyB127,ShanghaiSecuritiesNews73,etc. |
| 2024-06 | 7February2024 | AnnouncementonProvisionofFinancialAssistanceforSichuanHongxinchenRealEstateDevelopmentCo.,Ltd.inProportiontoShareholdings | SecuritiesDailyB128,ShanghaiSecuritiesNews74,etc. |
| 2024-07 | 7February2024 | AnnouncementonProvisionofFinancialAssistanceforYantaiKangyunIndustrialDevelopmentCo.,Ltd.inProportiontoShareholdings | SecuritiesDailyB45,ShanghaiSecuritiesNews74,etc. |
| 2024-08 | 7February2024 | NoticeonHoldingtheFirstExtraordinaryGeneralMeetingofShareholdersin2024 | SecuritiesDailyB128,ShanghaiSecuritiesNews73,etc. |
| 2024-09 | 27February2024 | AnnouncementonResolutionsoftheFirstExtraordinaryGeneralMeetingofShareholdersin2024 | SecuritiesDailyB3,ShanghaiSecuritiesNews73,etc. |
| 2024-10 | 2March2024 | AnnouncementontheCompany'sProvisionofCounter-securitytoApplyforBanks'CreditFacilitiesandPaymentofSecurityFeesandRelatedPartyTransactions | SecuritiesDailyB49,ShanghaiSecuritiesNews20,etc. |
| 2024-11 | 2March2024 | AnnouncementonResolutionsofthe23thMeetingofthe10thBoardofDirectors | SecuritiesDailyB49,ShanghaiSecuritiesNews20,etc. |
| 2024-12 | 2March2024 | NoticeonHoldingtheSecondExtraordinaryGeneralMeetingofShareholdersin2024 | SecuritiesDailyB49,ShanghaiSecuritiesNews20,etc. |
| 2024-13 | 15March2024 | ReminderAnnouncementonHoldingtheSecondExtraordinaryGeneralMeetingofShareholdersin2024 | SecuritiesDailyB19,ShanghaiSecuritiesNews28,etc. |
| 2024-14 | 15March2024 | AnnouncementontheProgressofProvisionofSecurityforExternalParties | SecuritiesDailyB19,ShanghaiSecuritiesNews28,etc. |
| 2024-15 | 19March2024 | AnnouncementonResolutionsoftheSecondExtraordinaryGeneralMeetingofShareholdersin2024 | SecuritiesDailyB80,ShanghaiSecuritiesNews20,etc. |
| 2024-16 | 19March2024 | AnnouncementonResultsofNon-publicOfferingofCorporateBonds(TrancheII)in2024 | SecuritiesDailyB80,ShanghaiSecuritiesNews20,etc. |
| 2024-17 | 22March2024 | AnnouncementontheProgressofProvisionofSecurityforExternalParties | SecuritiesDailyB14,ShanghaiSecuritiesNews28,etc. |
| 2024-18 | 2April2024 | 2023AnnualReport | SecuritiesDailyB192,ShanghaiSecuritiesNews169,etc. |
| 2024-19 | 2April2024 | Summaryof2023AnnualReport | SecuritiesDailyB192,ShanghaiSecuritiesNews169,etc. |
| 2024-20 | 2April2024 | AnnouncementonResolutionsofthe24thMeetingofthe10thBoardofDirectors | SecuritiesDailyB192,ShanghaiSecuritiesNews169,etc. |
| 2024-21 | 2April2024 | AnnouncementonResolutionsofthe11thMeetingofthe10thBoardofSupervisors | SecuritiesDailyB192,ShanghaiSecuritiesNews169,etc. |
| 2024-22 | 2April2024 | AnnouncementonExpectedRoutineRelatedPartyTransactionsin2024 | SecuritiesDailyB192,ShanghaiSecuritiesNews169,etc. |
| 2024-23 | 2April2024 | AnnouncementonExpectedRoutineRelatedPartyTransactionsin2024 | SecuritiesDailyB192,ShanghaiSecuritiesNews169,etc. |
| 2024-24 | 2April2024 | AnnouncementonProvisioningforAssetImpairmentin2023 | SecuritiesDailyB192,ShanghaiSecuritiesNews169,etc. |
| 2024-25 | 8April2024 | AnnouncementonHolding2023OnlineMeetingforResultRelease | SecuritiesDailyB46,ShanghaiSecuritiesNews10,etc. |
| 2024-26 | 29April2024 | 2024Q1Report | SecuritiesDailyB244,ShanghaiSecuritiesNews60,etc. |
| 2024-27 | 11May2024 | AnnouncementonReplytotheInquiryLetteron2023AnnualReportfromtheShenzhenStockExchange | SecuritiesDailyB129-B131,ShanghaiSecuritiesNews137-139,etc. |
| 2024-28 | 21May2024 | AnnouncementontheProgressofProvisionofSecurityforExternalParties | SecuritiesDailyB2,ShanghaiSecuritiesNews81,etc. |
| 2024-29 | 1June2024 | AnnouncementonResolutionsofthe27thMeetingofthe10thBoardofDirectors | SecuritiesDailyB36,ShanghaiSecuritiesNews17,etc. |
| 2024-30 | 1June2024 | NoticeonHoldingthe2023AnnualGeneralMeetingofShareholders | SecuritiesDailyB36,ShanghaiSecuritiesNews17,etc. |
| 2024-31 | 25June2024 | AnnouncementonResolutionsofthe2023AnnualGeneralMeetingofShareholders | SecuritiesDailyB56,ShanghaiSecuritiesNews41,etc. |
| 2024-32 | 26June2024 | AnnouncementonProgressofGuaranteeProvisionforWholly-ownedSubsidiaries | SecuritiesDailyB15,ShanghaiSecuritiesNews76,etc. |
XIVSignificantEventsofSubsidiaries
□Applicable√Notapplicable
KonkaGroupCo.,Ltd.InterimReport2024
PartVIIShareChangesandShareholderInformationIShareChanges
1.ShareChanges
Unit:share
Before
| Before | Increase/decreaseintheReportingPeriod(+/-) | After | |||||||
| Shares | Percentage(%) | Newissues | Sharesasdividendconvertedfromprofit | Sharesasdividendconvertedfromcapitalreserves | Other | Subtotal | Shares | Percentage(%) | |
| 1.Restrictedshares | 0 | 0.00% | 0 | 0.00% | |||||
| 2.Unrestrictedshares | 2,407,945,408 | 100.00% | 2,407,945,408 | 100.00% | |||||
| 2.1RMB-denominatedordinaryshares | 1,596,593,800 | 66.31% | 1,596,593,800 | 66.31% | |||||
| 2.2Domesticallylistedforeignshares | 811,351,608 | 33.69% | 811,351,608 | 33.69% | |||||
| 3.Totalshares | 2,407,945,408 | 100.00% | 2,407,945,408 | 100.00% | |||||
Reasonsforthesharechanges:
□Applicable√NotapplicableApprovalofthesharechanges:
□Applicable√NotapplicableTransferofshareownership:
□Applicable√NotapplicableProgressonanysharerepurchase:
□Applicable√NotapplicableProgressonreducingtherepurchasedsharesbymeansofcentralizedbidding:
□Applicable√NotapplicableEffectsofthesharechangesonthebasicanddilutedearningspershare,equitypershareattributabletotheCompany’sordinaryshareholdersandotherfinancialindicatorsoftheprioryearandtheprioraccountingperiod,respectively:
□Applicable√NotapplicableOtherinformationthattheCompanyconsidersnecessaryorisrequiredbythesecuritiesregulatortobedisclosed:
□Applicable√Notapplicable
2.ChangesinRestrictedShares
□Applicable√NotapplicableIIIssuanceandListingofSecurities
□Applicable√Notapplicable
KonkaGroupCo.,Ltd.InterimReport2024
IIIShareholdersandTheirHoldingsasatthePeriod-End
Unit:share
Numberofordinaryshareholders
| Numberofordinaryshareholders | 84,245 | Numberofpreferredshareholderswithresumedvotingrights(ifany) | 0 | ||||||||
| 5%orgreaterordinaryshareholdersortop10ordinaryshareholders(exclusiveofshareslentinrefinancing) | |||||||||||
| Nameofshareholder | Natureofshareholder | Shareholdingpercentage | Totalordinarysharesheldattheperiod-end | Increase/decreaseintheReportingPeriod | Restrictedordinarysharesheld | Unrestrictedordinarysharesheld | Sharesinpledge,markedorfrozen | ||||
| Status | Shares | ||||||||||
| OVERSEASCHINESETOWNHOLDINGSCOMPANY | State-ownedlegalperson | 21.75% | 523,746,932 | 0 | 0 | 523,746,932 | |||||
| CITICSECURITIESBROKERAGE(HONGKONG)CO.,LTD. | Foreignlegalperson | 7.48% | 180,001,110 | 0 | 0 | 180,001,110 | |||||
| GUOYUANSECURITIESBROKER(HK)CO.,LTD. | Foreignlegalperson | 2.47% | 59,456,543 | -250,300 | 0 | 59,456,543 | |||||
| HOLYTIMEGROUPLIMITED | Foreignlegalperson | 2.38% | 57,289,100 | 0 | 0 | 57,289,100 | |||||
| GAOLINGFUND,L.P. | Foreignlegalperson | 1.21% | 29,037,555 | -16,329,128 | 0 | 29,037,555 | |||||
| WANGJINGFENG | Domesticnaturalperson | 1.06% | 25,625,800 | -44,374,200 | 0 | 25,625,800 | |||||
| ZHANGSUFEN | Domesticnaturalperson | 1.06% | 25,500,000 | 10,400,000 | 0 | 25,500,000 | |||||
| NAMNGAI | Foreignnaturalperson | 0.83% | 20,000,000 | -3,000,000 | 0 | 20,000,000 | |||||
| CHINAMERCHANTSSECURITIES(HK)LIMITED | State-ownedlegalperson | 0.82% | 19,837,520 | -28,000 | 0 | 19,837,520 | |||||
| BOCOMINTERNATIONALSECURITIESLIMITED | Foreignlegalperson | 0.78% | 18,896,037 | 0 | 0 | 18,896,037 | |||||
| Strategicinvestororgenerallegalpersonbecomingatop-10ordinaryshareholderduetorightsissue(ifany) | N/A | ||||||||||
| Relatedoracting-in-concertpartiesamongtheshareholdersabove | HappyBloomInvestmentLimited,awholly-ownedsubsidiaryoftheCompany’sfirstmajorityshareholderOverseasChineseTownHoldingsCompany(OCTGroup),holds180,001,110and18,360,000ordinarysharesintheCompanyrespectivelythroughCITICSecuritiesBrokerage(HongKong)Co.,Ltd.andChinaMerchantsSecurities(HK)Limited.HappyBloomInvestmentLimitedandOCTGrouparepartiesactinginconcert.Otherthanthat,itisunknownwhethertheothershareholdersarerelatedpartiesoracting-in-concertpartiesornot. | ||||||||||
| Explainifanyoftheshareholdersabovewasinvolvedinentrusting/beingentrustedwithvotingrightsorwaivingvotingrights | N/A | ||||||||||
| Specialaccountforsharerepurchases(ifany)amongthetop10shareholders(seenote11) | None | ||||||||||
| Top10unrestrictedordinaryshareholders(exclusiveofshareslentinrefinancingandlockedupsharesofseniormanagement) | |||||||||||
| Nameofshareholder | Unrestrictedordinary | Sharesbytype | |||||||||
KonkaGroupCo.,Ltd.InterimReport2024
sharesheldattheperiod-end
| sharesheldattheperiod-end | Type | Shares | |
| OVERSEASCHINESETOWNHOLDINGSCOMPANY | 523,746,932 | RMB-denominatedordinarystock | 523,746,932 |
| CITICSECURITIESBROKERAGE(HONGKONG)CO.,LTD. | 180,001,110 | Domesticallylistedforeignstock | 180,001,110 |
| GUOYUANSECURITIESBROKER(HK)CO.,LTD. | 59,456,543 | Domesticallylistedforeignstock | 59,456,543 |
| HOLYTIMEGROUPLIMITED | 57,289,100 | Domesticallylistedforeignstock | 57,289,100 |
| GAOLINGFUND,L.P. | 29,037,555 | Domesticallylistedforeignstock | 29,037,555 |
| WANGJINGFENG | 25,625,800 | RMB-denominatedordinarystock | 25,625,800 |
| ZHANGSUFEN | 25,500,000 | RMB-denominatedordinarystock | 25,500,000 |
| NAMNGAI | 20,000,000 | Domesticallylistedforeignstock | 20,000,000 |
| CHINAMERCHANTSSECURITIES(HK)LIMITED | 19,837,520 | Domesticallylistedforeignstock | 19,837,520 |
| BOCOMINTERNATIONALSECURITIESLIMITED | 18,896,037 | Domesticallylistedforeignstock | 18,896,037 |
| Relatedoracting-in-concertpartiesamongtop10unrestrictedordinaryshareholders,aswellasbetweentop10unrestrictedordinaryshareholdersandtop10shareholders | HappyBloomInvestmentLimited,awholly-ownedsubsidiaryoftheCompany’sfirstmajorityshareholderOverseasChineseTownHoldingsCompany(OCTGroup),holds180,001,110and18,360,000ordinarysharesintheCompanyrespectivelythroughCITICSecuritiesBrokerage(HongKong)Co.,Ltd.andChinaMerchantsSecurities(HK)Limited.HappyBloomInvestmentLimitedandOCTGrouparepartiesactinginconcert.Otherthanthat,itisunknownwhethertheothershareholdersarerelatedpartiesoracting-in-concertpartiesornot. | ||
| Top10ordinaryshareholdersinvolvedinsecuritiesmargintrading(ifany)(seenote4) | WangJingfengholds25,500,000A-sharesintheCompanythroughhissecuritiesaccountforcustomercredittradingguaranteeinGuotaiJunanSecuritiesCo.,Ltd. | ||
5%orgreatershareholders,top10shareholdersandTop10unrestrictedshareholdersinvolvedinrefinancingshareslending
□Applicable√NotapplicableChangesintop10shareholdersandtop10unrestrictedshareholdersduetorefinancingshareslending/returncomparedwiththepriorperiod
□Applicable√NotapplicableIndicatebytickmarkwhetheranyofthetop10ordinaryshareholdersorthetop10unrestrictedordinaryshareholdersoftheCompanyconductedanypromissoryrepoduringtheReportingPeriod.
□Yes√NoNosuchcasesintheReportingPeriod.IVChangeinShareholdingsofDirectors,SupervisorsandSeniorManagement
□Applicable√Notapplicable
KonkaGroupCo.,Ltd.InterimReport2024
Nochangesoccurredtotheshareholdingsofthedirectors,supervisorsandseniormanagementintheReportingPeriod.Seethe2023AnnualReportformoredetails.VChangeoftheControllingShareholderortheDeFactoControllerChangeofthecontrollingshareholderintheReportingPeriod
□Applicable√NotapplicableNosuchcasesintheReportingPeriod.ChangeofthedefactocontrollerintheReportingPeriod
□Applicable√NotapplicableNosuchcasesintheReportingPeriod.
KonkaGroupCo.,Ltd.InterimReport2024
PartVIIIPreferenceShares
□Applicable√NotapplicableNoPreferencesharesintheReportingPeriod.
KonkaGroupCo.,Ltd.InterimReport2024
PartIXBonds
√Applicable□NotapplicableIEnterpriseBonds
□Applicable√NotapplicableNoenterprisebondsintheReportingPeriod.IICorporateBonds
√Applicable□Notapplicable
1.BasicInformationoftheCorporateBonds
Unit:RMB’0,000
Name
| Name | Abbr. | Code | Issuedate | Valuedate | Duedate | Bondsbalance(RMB’0,000) | Interestrate | Wayofredemption | Tradeplace |
| Privatelyplacedcorporatebondsin2021ofKonkaGroupCo.,Ltd(TrancheIII) | 21Konka03 | 133040 | 9July2021 | 9July2021 | 9July2024 | 80,000 | 3.95% | Interestsshallbepaideveryyearandtheprincipalsshallberepaidwhenexpired. | ShenzhenStockExchange |
| Corporatebondspubliclyofferedtoprofessionalinvestorsin2022ofKonkaGroupCo.,Ltd.(TrancheI)(VarietyI) | 22Konka01 | 149987 | 14July2022 | 14July2022 | 14July2025 | 120,000 | 3.23% | Interestsshallbepaideveryyearandtheprincipalsshallberepaidwhenexpired. | ShenzhenStockExchange |
| Privatelyplacedcorporatebondstoprofessionalinvestorsin2022ofKonkaGroupCo.,Ltd(TrancheI)(VarietyI) | 22Konka03 | 133306 | 8September2022 | 8September2022 | 8September2025 | 60,000 | 3.30% | Interestsshallbepaideveryyearandtheprincipalsshallberepaidwhenexpired. | ShenzhenStockExchange |
| Privatelyplacedcorporatebondstoprofessionalinvestorsin2022ofKonkaGroupCo.,Ltd(TrancheII) | 22Konka05 | 133333 | 18October2022 | 18October2022 | 18October2025 | 60,000 | 3.50% | Interestsshallbepaideveryyearandtheprincipalsshallberepaidwhenexpired. | ShenzhenStockExchange |
| Privatelyplaced | 24 | 133759 | 29January | 29January | 29January | 150,000 | 4.00% | Interestsshallbepaid | ShenzhenStock |
KonkaGroupCo.,Ltd.InterimReport2024
corporatebondstoprofessionalinvestorsin2024ofKonkaGroupCo.,Ltd(TrancheI)
| corporatebondstoprofessionalinvestorsin2024ofKonkaGroupCo.,Ltd(TrancheI) | Konka01 | 2024 | 2024 | 2027 | everyyearandtheprincipalsshallberepaidwhenexpired. | Exchange | |||
| Privatelyplacedcorporatebondstoprofessionalinvestorsin2024ofKonkaGroupCo.,Ltd(TrancheII)(VarietyI) | 24Konka02 | 133782 | 18March2024 | 18March2024 | 18March2027 | 40,000. | 4.00% | Interestsshallbepaideveryyearandtheprincipalsshallberepaidwhenexpired. | ShenzhenStockExchange |
| Privatelyplacedcorporatebondstoprofessionalinvestorsin2024ofKonkaGroupCo.,Ltd(TrancheII)(VarietyII) | 24Konka03 | 133783 | 18March2024 | 18March2024 | 18March2027 | 40,000. | 4.03% | Interestsshallbepaideveryyearandtheprincipalsshallberepaidwhenexpired. | ShenzhenStockExchange |
| Appropriatearrangementoftheinvestors(ifany) | “21Konka03”,“22Konka03”,“22Konka05”,“24Konka01”,“24Konka02”and“24Konka03”wereplacedprivatelytoprofessionalinvestorsmeetingtherequirementsofmanagementmethodforinvestorseligibilityofShenzhenStockExchange,whichnotexceeding200persons.“22Konka01”wasofferedpubliclytoprofessionalinstitutionalinvestorsmeetingtherequirementsofMeasuresfortheAdministrationofIssuingandTradingCorporateBondsandopeningaqualifiedA-sharesecuritiesaccountinShenzhenBranchofChinaSecuritiesDepositoryandClearingCorporationLimited. | ||||||||
| Applicabletrademechanism | “21Konka03”,“22Konka03”,“22Konka05”,“24Konka01”,“24Konka02”and“24Konka03”:negotiate-and-deal,click-and-deal,inquire-and-deal,andbid-and-deal“22Konka01”:Match-and-deal,negotiate-and-deal,click-and-deal,inquire-and-deal,andbid-and-deal | ||||||||
| Riskofdelisting(ifany)andcountermeasures | No | ||||||||
Overduebonds
□Applicable√Notapplicable
2.TheTriggerandExecutionoftheOptionClauseoftheIssuersorInvestorsandtheInvestorProtectionClause
□Applicable√Notapplicable
3.AdjustmentofCreditRatingResultsduringtheReportingPeriod
□Applicable√Notapplicable
4.ExecutionandChangesofGuarantee,RepaymentPlanandOtherRepaymentGuaranteeMeasuresaswellasInfluenceonEquityofBondInvestorsduringtheReportingPeriod
√Applicable□NotapplicableOCTGroupprovidesfull,unconditionalandirrevocablejointliabilityguaranteefor“21Konka03”,“22Konka01”,“22Konka03”,“22Konka05”,“24Konka01”,“24Konka02”and“24
KonkaGroupCo.,Ltd.InterimReport2024
Konka03”.Theguarantees,redemptionplansandotherredemptionsecuritymeasuresduringtheReportingPeriodwereexecutedaccordingtoagreement.Nochangeoccurred.Andthereisnosignificantimpactontheinterestsofbondinvestors.IIIDebtFinancingInstrumentsofNon-financialEnterprises
□Applicable√NotapplicableNosuchcasesintheReportingPeriod.IVConvertibleCorporateBonds
□Applicable√NotapplicableNosuchcasesintheReportingPeriod.VLossesofScopeofConsolidatedFinancialStatementsduringtheReportingPeriodExceeding10%ofNetAssetsupthePeriod-endofLastYear
√Applicable□Notapplicable
Item
| Item | Detailsofloss | Reasonforloss | ImpactontheCompany'sproduction,operationandsolvency |
| NetprofitattributabletoshareholdersoftheCompany | DuringtheReportingPeriod,theCompany'snetlossattributabletoitsshareholderswasRMB1,088million,accountingfor23.89%ofthenetassets. | 1.Inthefirsthalfof2024,theCompanyactivelyadjusteditssalesstrategyforitsdomesticcolorTVbusinessandoptimizedtheproductstructure.Despitetheyear-over-yearincreaseintherevenueandgrossprofitandthegradualimprovementoftheoperations,theCompany'scolorTVbusinessstillsufferedadeficitduetothelimitedroomforreductionofnecessaryexpensesandthecontinuouslyintensifyingcompetitionintheindustry.2.Inthefirsthalfof2024,duetothechangesinthepricesofthetradingfinancialassetsheldbytheCompany,theCompany'snetlossonchangesinfairvaluewasapproximatelyRMB-175million,whichaffectedthenetprofitattributabletoitsshareholders.3.Inthefirsthalfof2024,basedontheprincipleofprudence,theCompanysetasideprovisionsforassetimpairmentofapproximatelyRMB255millioninaccordancewithaccountingpoliciesandestimates,resultinginadecreaseinprofit.4.Inthefirsthalfof2024,theCompany'ssemiconductorbusinesswasstillattheinitialphaseofindustrialization.Inspiteoftheheavyinvestment,efficientlarge-scaleproductionhadnotbeenachieved,whichaffectedtheCompany'soveralloperatingprofit.5.TheCompanyfocusedontwolinesofbusiness,"consumerelectronics+semiconductor",and,withtheindustrialdevelopmentneedstakenintoaccount,strategicallyreducedtheinvestmentintensity,henceayear-on-yeardeclineinrelatedincome. | TheCompanyfollowedthenewdevelopmentstrategyof"OneAxis,TwoWheelsandThreeGrowthDrivers,"andadheredtolong-termvalue-orientedprinciplesaswellastheoperationalstrategyoffocusingonthelongtermandimprovingspecializationtobecomestronger.Italsodeepenedintegrationforspecializationandimplementedleanmanagementtopromotehigh-qualitydevelopment.TheCompanywillallocateresourcestosupportthedevelopmentofitscorebusiness,focusingondrivingthegrowthandprofitabilityofthewhitegoodsandPCBsectors.LeanmanagementwillbeimplementedtoenhancevaluecreationandreducelossesinthecolourTVbusiness.Innovationeffortswillbedirectedtowardscapitalizationandefficiencyoutputofthesemiconductorbusiness,therebycreatingaspecializedbusinessmatrix.ThelossforthereportingperiodwillnotaffectthenormalproductionandoperationoftheCompanyandtherepaymentofdebtsdue. |
KonkaGroupCo.,Ltd.InterimReport2024
VITheMajorAccountingDataandtheFinancialIndicatorsoftheRecent2YearsoftheCompanyupthePeriod-end
Unit:RMB’0,000
Item
| Item | 30June2024 | 31December2023 | Change |
| Currentratio | 90.81% | 87.69% | 3.56% |
| Debt/assetratio | 86.45% | 83.51% | 2.94% |
| Quickratio | 70.07% | 70.07% | 0.00% |
| H12024 | H12023 | Change | |
| Netprofitbeforeexceptionalgainsandlosses | -110,307.86 | -89,159.44 | -23.72% |
| EBITDA/debtratio | -2.98% | 1.19% | -4.17% |
| Interestcover(times) | -3.54 | -0.11 | -3118.18% |
| Cash-to-interestcover(times) | -0.24 | 0.76 | -131.58% |
| EBITDA-to-interestcover(times) | -2.34 | 0.89 | -362.92% |
| Debtrepaymentratio(%) | 100.00% | 100.00% | 0.00% |
| Interestpaymentratio(%) | 100.00% | 100.00% | 0.00% |
KonkaGroupCo.,Ltd.InterimReport2024
PartXFinancialStatements
IIndependentAuditor’sReportAretheseinterimfinancialstatementsauditedbyanindependentauditor?
□Yes√NoTheinterimfinancialstatementsoftheCompanyhavenotbeenauditedbyanindependentauditor.IIFinancialStatementsCurrencyunitforthefinancialstatementsandthenotesthereto:RMB
1.ConsolidatedBalanceSheetPreparedbyKonkaGroupCo.,Ltd.30June2024
Unit:RMB
Item
| Item | 30June2024 | 1January2024 |
| Currentassets: | ||
| Monetaryassets | 5,514,370,579.43 | 6,506,359,577.02 |
| Settlementreserve | ||
| Interbankloansgranted | ||
| Held-for-tradingfinancialassets | 294,937,209.31 | 469,636,700.78 |
| Derivativefinancialassets | ||
| Notesreceivable | 301,987,637.11 | 533,171,949.15 |
| Accountsreceivable | 1,856,961,440.23 | 1,726,545,973.08 |
| Accountsreceivablefinancing | 203,279,738.30 | 173,396,326.14 |
| Prepayments | 139,219,299.00 | 165,454,311.51 |
| Premiumsreceivable | ||
| Reinsurancereceivables | ||
| Receivablereinsurancecontractreserve | ||
| Otherreceivables | 829,528,634.29 | 989,121,067.51 |
| Including:Interestreceivable | 7,770,148.68 | 6,681,258.01 |
| Dividendsreceivable | 14,705,644.62 | 941,482.38 |
| Financialassetspurchasedunderresaleagreements | ||
| Inventories | 3,404,537,028.08 | 3,249,897,700.98 |
| Including:Dataresource | ||
| Contractassets | 2,712,594.37 | 2,190,385.93 |
| Assetsheldforsale | ||
| Currentportionofnon-currentassets | ||
| Othercurrentassets | 2,361,815,002.60 | 2,359,159,468.75 |
| Totalcurrentassets | 14,909,349,162.72 | 16,174,933,460.85 |
| Non-currentassets: | ||
| Loansandadvancestocustomers | ||
| Investmentsindebtobligations | ||
| Investmentsinotherdebtobligations | ||
| Long-termreceivables | ||
| Long-termequityinvestments | 5,500,299,082.95 | 5,566,483,863.29 |
| Investmentsinotherequityinstruments | 23,841,337.16 | 23,841,337.16 |
| Othernon-currentfinancialassets | 1,985,908,473.73 | 2,009,676,398.00 |
| Investmentproperty | 1,516,938,003.43 | 1,470,226,723.87 |
| Fixedassets | 5,050,425,327.42 | 5,218,297,745.16 |
| Constructioninprogress | 844,964,613.42 | 860,899,498.68 |
| Productivelivingassets | ||
| Oilandgasassets |
KonkaGroupCo.,Ltd.InterimReport2024
Right-of-useassets
| Right-of-useassets | 199,746,862.53 | 197,054,423.17 |
| Intangibleassets | 1,044,478,407.72 | 1,087,386,015.34 |
| Including:Dataresource | ||
| Developmentcosts | ||
| Including:Dataresource | ||
| Goodwill | 22,196,735.11 | 22,196,735.11 |
| Long-termprepaidexpense | 490,136,795.26 | 518,919,223.71 |
| Deferredincometaxassets | 1,439,587,794.69 | 1,426,573,982.16 |
| Othernon-currentassets | 1,296,144,671.61 | 1,248,328,806.16 |
| Totalnon-currentassets | 19,414,668,105.03 | 19,649,884,751.81 |
| Totalassets | 34,324,017,267.75 | 35,824,818,212.66 |
| Currentliabilities: | ||
| Short-termborrowings | 6,510,087,630.95 | 6,390,592,056.27 |
| Borrowingsfromthecentralbank | ||
| Interbankloansobtained | ||
| Held-for-tradingfinancialliabilities | ||
| Derivativefinancialliabilities | ||
| Notespayable | 981,928,381.95 | 990,482,927.20 |
| Accountspayable | 2,940,551,760.72 | 2,726,831,675.97 |
| Advancesfromcustomers | 311,664.91 | |
| Contractliabilities | 326,016,727.91 | 527,975,160.12 |
| Financialassetssoldunderrepurchaseagreements | ||
| Customerdepositsandinterbankdeposits | ||
| Payablesforactingtradingofsecurities | ||
| Payablesforunderwritingofsecurities | ||
| Employeebenefitspayable | 198,487,964.48 | 304,733,103.63 |
| Taxespayable | 51,565,332.83 | 214,417,135.87 |
| Otherpayables | 1,762,366,179.22 | 1,922,791,905.14 |
| Including:Interestpayable | ||
| Dividendspayable | ||
| Handlingchargesandcommissionspayable | ||
| Reinsurancepayables | ||
| Liabilitiesdirectlyassociatedwithassetsheldforsale | ||
| Currentportionofnon-currentliabilities | 3,600,939,407.57 | 5,314,147,396.36 |
| Othercurrentliabilities | 46,276,463.29 | 54,330,715.75 |
| Totalcurrentliabilities | 16,418,531,513.83 | 18,446,302,076.31 |
| Non-currentliabilities: | ||
| Insurancecontractreserve | ||
| Long-termborrowings | 7,205,788,337.63 | 7,779,150,079.88 |
| Bondspayable | 4,796,908,712.83 | 2,426,992,578.67 |
| Including:Preferredshares | ||
| Perpetualbonds | ||
| Leaseliabilities | 165,941,212.56 | 160,218,818.92 |
| Long-termpayables | 4,957,346.58 | 6,135,734.07 |
| Long-termemployeebenefitspayable | 4,661,069.67 | 4,718,466.37 |
| Provisions | 323,500,578.73 | 304,519,839.80 |
| Deferredincome | 408,691,107.22 | 425,135,237.90 |
| Deferredincometaxliabilities | 139,226,712.39 | 185,026,165.27 |
| Othernon-currentliabilities | 205,172,360.96 | 179,996,351.33 |
| Totalnon-currentliabilities | 13,254,847,438.57 | 11,471,893,272.21 |
| Totalliabilities | 29,673,378,952.40 | 29,918,195,348.52 |
| Owners’equity: | ||
| Sharecapital | 2,407,945,408.00 | 2,407,945,408.00 |
| Otherequityinstruments | ||
| Including:Preferredshares | ||
| Perpetualbonds |
KonkaGroupCo.,Ltd.InterimReport2024
Capitalreserves
| Capitalreserves | 521,710,300.12 | 526,499,506.76 |
| Less:Treasurystock | ||
| Othercomprehensiveincome | -14,125,068.08 | -13,443,558.44 |
| Specificreserve | 6,615,537.36 | 4,657,488.24 |
| Surplusreserves | 1,244,180,364.24 | 1,244,180,364.24 |
| Generalreserve | ||
| Retainedearnings | 386,980,133.30 | 1,474,561,975.85 |
| TotalequityattributabletoownersoftheCompanyastheparent | 4,553,306,674.94 | 5,644,401,184.65 |
| Non-controllinginterests | 97,331,640.41 | 262,221,679.49 |
| Totalowners’equity | 4,650,638,315.35 | 5,906,622,864.14 |
| Totalliabilitiesandowners’equity | 34,324,017,267.75 | 35,824,818,212.66 |
Legalrepresentative:CaoShipingCFO:NieYongHeadofthefinancialdepartment:PingHeng
2.BalanceSheetoftheCompanyastheParent
Unit:RMB
| Item | 30June2024 | 1January2024 |
| Currentassets: | ||
| Monetaryassets | 3,694,617,771.19 | 4,739,026,071.80 |
| Held-for-tradingfinancialassets | 294,937,209.31 | 469,636,700.78 |
| Derivativefinancialassets | ||
| Notesreceivable | 222,896,079.58 | 212,545,745.69 |
| Accountsreceivable | 3,106,912,552.06 | 2,907,508,425.51 |
| Accountsreceivablefinancing | 642,758.36 | |
| Prepayments | 5,424,580,131.75 | 3,050,914,644.86 |
| Otherreceivables | 8,002,724,273.44 | 7,962,523,971.43 |
| Including:Interestreceivable | 7,098,359.12 | 6,325,400.49 |
| Dividendsreceivable | 410,736,627.52 | 395,209,709.13 |
| Inventories | 299,147,504.71 | 74,359,735.29 |
| Including:Dataresource | ||
| Contractassets | ||
| Assetsheldforsale | ||
| Currentportionofnon-currentassets | ||
| Othercurrentassets | 1,838,906,798.09 | 1,776,247,847.16 |
| Totalcurrentassets | 22,885,365,078.49 | 21,192,763,142.52 |
| Non-currentassets: | ||
| Investmentsindebtobligations | ||
| Investmentsinotherdebtobligations | ||
| Long-termreceivables | ||
| Long-termequityinvestments | 8,332,374,129.98 | 8,353,187,518.14 |
| Investmentsinotherequityinstruments | 17,940,215.36 | 17,940,215.36 |
| Othernon-currentfinancialassets | 396,353,137.96 | 396,353,137.96 |
| Investmentproperty | 877,638,798.38 | 896,398,058.58 |
| Fixedassets | 397,097,652.85 | 408,039,474.28 |
| Constructioninprogress | 11,367,352.75 | 10,456,702.05 |
| Productivelivingassets | ||
| Oilandgasassets | ||
| Right-of-useassets | ||
| Intangibleassets | 40,888,560.99 | 44,546,041.59 |
| Including:Dataresource | ||
| Developmentcosts | ||
| Including:Dataresource | ||
| Goodwill | ||
| Long-termprepaidexpense | 39,527,817.85 | 43,352,655.77 |
| Deferredincometaxassets | 1,186,943,851.11 | 1,186,943,851.11 |
KonkaGroupCo.,Ltd.InterimReport2024
Othernon-currentassets
| Othernon-currentassets | 43,471,716.30 | 42,958,066.97 |
| Totalnon-currentassets | 11,343,603,233.53 | 11,400,175,721.81 |
| Totalassets | 34,228,968,312.02 | 32,592,938,864.33 |
| Currentliabilities: | ||
| Short-termborrowings | 2,422,190,833.33 | 2,344,154,349.99 |
| Held-for-tradingfinancialliabilities | ||
| Derivativefinancialliabilities | ||
| Notespayable | 49,606,194.38 | 83,813,428.75 |
| Accountspayable | 6,941,296,340.84 | 6,459,535,317.41 |
| Advancesfromcustomers | ||
| Contractliabilities | 1,760,530,391.45 | 943,718,573.19 |
| Employeebenefitspayable | 33,454,862.51 | 65,273,780.70 |
| Taxespayable | 7,818,682.23 | 9,069,845.15 |
| Otherpayables | 4,393,887,450.33 | 3,471,748,973.76 |
| Including:Interestpayable | ||
| Dividendspayable | ||
| Liabilitiesdirectlyassociatedwithassetsheldforsale | ||
| Currentportionofnon-currentliabilities | 3,452,517,761.24 | 5,206,842,165.89 |
| Othercurrentliabilities | 10,393,884.82 | 9,728,362.56 |
| Totalcurrentliabilities | 19,071,696,401.13 | 18,593,884,797.40 |
| Non-currentliabilities: | ||
| Long-termborrowings | 5,981,642,333.84 | 6,655,411,621.10 |
| Bondspayable | 4,796,908,712.83 | 2,426,992,578.67 |
| Including:Preferredshares | ||
| Perpetualbonds | ||
| Leaseliabilities | ||
| Long-termpayables | ||
| Long-termemployeebenefitspayable | ||
| Provisions | 201,328,037.54 | 201,607,949.06 |
| Deferredincome | 42,136,017.50 | 40,966,821.50 |
| Deferredincometaxliabilities | 26,128,671.60 | 69,803,544.47 |
| Othernon-currentliabilities | 46,390,412.64 | 45,682,878.82 |
| Totalnon-currentliabilities | 11,094,534,185.95 | 9,440,465,393.62 |
| Totalliabilities | 30,166,230,587.08 | 28,034,350,191.02 |
| Owners’equity: | ||
| Sharecapital | 2,407,945,408.00 | 2,407,945,408.00 |
| Otherequityinstruments | ||
| Including:Preferredshares | ||
| Perpetualbonds | ||
| Capitalreserves | 329,941,716.72 | 341,229,750.75 |
| Less:Treasurystock | ||
| Othercomprehensiveincome | -1,399,371.64 | -1,399,371.64 |
| Specificreserve | ||
| Surplusreserves | 1,260,024,039.76 | 1,260,024,039.76 |
| Retainedearnings | 66,225,932.10 | 550,788,846.44 |
| Totalowners’equity | 4,062,737,724.94 | 4,558,588,673.31 |
| Totalliabilitiesandowners’equity | 34,228,968,312.02 | 32,592,938,864.33 |
3.ConsolidatedIncomeStatement
Unit:RMB
| Item | H12024 | H12023 |
| 1.Revenue | 5,412,530,372.47 | 10,472,061,171.94 |
| Including:Operatingrevenue | 5,412,530,372.47 | 10,472,061,171.94 |
| Interestincome | ||
| Insurancepremiumincome | ||
| Handlingchargeandcommissionincome |
KonkaGroupCo.,Ltd.InterimReport2024
2.Costsandexpenses
| 2.Costsandexpenses | 6,381,475,426.88 | 11,506,953,501.55 |
| Including:Costofsales | 5,009,969,615.02 | 10,079,343,784.11 |
| Interestexpense | ||
| Handlingchargeandcommissionexpense | ||
| Surrenders | ||
| Netinsuranceclaimspaid | ||
| Netamountprovidedasinsurancecontractreserve | ||
| Expenditureonpolicydividends | ||
| Reinsurancepremiumexpense | ||
| Taxesandsurcharges | 64,692,935.11 | 42,718,966.53 |
| Sellingexpense | 495,376,454.26 | 558,536,665.53 |
| Administrativeexpense | 315,946,020.02 | 390,244,567.77 |
| R&Dexpense | 214,578,026.81 | 237,033,893.11 |
| Financecosts | 280,912,375.66 | 199,075,624.50 |
| Including:Interestexpense | 407,018,728.71 | 432,772,700.64 |
| Interestincome | 116,244,724.79 | 123,908,981.38 |
| Add:Otherincome | 56,768,387.57 | 137,917,215.41 |
| Returnoninvestment(“-”forloss) | 5,047,444.22 | 826,829,010.88 |
| Including:Shareofprofitorlossofjointventuresandassociates | -41,296,057.12 | -30,242,661.05 |
| Incomefromthederecognitionoffinancialassetsatamortizedcost(“-”forloss) | -1,728,018.83 | |
| Exchangegain(“-”forloss) | ||
| Netgainonexposurehedges(“-”forloss) | ||
| Gainonchangesinfairvalue(“-”forloss) | -179,800,523.76 | -132,580,077.43 |
| Creditimpairmentloss(“-”forloss) | -163,079,433.18 | -140,192,679.36 |
| Assetimpairmentloss(“-”forloss) | -92,012,866.95 | -15,283,496.76 |
| Assetdisposalincome(“-”forloss) | 590,329.38 | 64,713.62 |
| 3.Operatingprofit(“-”forloss) | -1,341,431,717.13 | -358,137,643.25 |
| Add:Non-operatingincome | 15,773,523.89 | 17,325,617.18 |
| Less:Non-operatingexpense | 6,155,804.84 | 4,326,608.02 |
| 4.Profitbeforetax(“-”forloss) | -1,331,813,998.08 | -345,138,634.09 |
| Less:Incometaxexpense | -51,275,843.13 | -16,710,667.58 |
| 5.Netprofit(“-”fornetloss) | -1,280,538,154.95 | -328,427,966.51 |
| 5.1Byoperatingcontinuity | ||
| 5.1.1Netprofitfromcontinuingoperations(“-”fornetloss) | -1,280,538,154.95 | -328,427,966.51 |
| 5.1.2Netprofitfromdiscontinuedoperations(“-”fornetloss) | ||
| 5.2Byownership | ||
| 5.2.1NetprofitattributabletoshareholdersoftheCompanyastheparent(“-”forloss) | -1,087,581,842.55 | -193,240,232.33 |
| 5.2.2Netprofitattributabletonon-controllinginterests(“-”forloss) | -192,956,312.40 | -135,187,734.18 |
| 6.Othercomprehensiveincome,netoftax | -2,253,474.92 | -2,932,583.82 |
| AttributabletoownersoftheCompanyastheparent | -681,509.64 | 4,837.39 |
| 6.1Itemsthatwillnotbereclassifiedtoprofitorloss | ||
| 6.1.1Changescausedbyremeasurementsondefinedbenefitschemes | ||
| 6.1.2Othercomprehensiveincomethatwillnotbereclassifiedtoprofitorlossundertheequitymethod | ||
| 6.1.3Changesinthefairvalueofinvestmentsinotherequityinstruments | ||
| 6.1.4Changesinthefairvaluearisingfromchangesinowncreditrisk | ||
| 6.1.5Other | ||
| 6.2Itemsthatwillbereclassifiedtoprofitorloss | -681,509.64 | 4,837.39 |
| 6.2.1Othercomprehensiveincomethatwillbereclassifiedtoprofitorlossundertheequitymethod | -83,919.23 |
KonkaGroupCo.,Ltd.InterimReport2024
6.2.2Changesinthefairvalueofinvestmentsinotherdebtobligations
| 6.2.2Changesinthefairvalueofinvestmentsinotherdebtobligations | ||
| 6.2.3Othercomprehensiveincomearisingfromthereclassificationoffinancialassets | ||
| 6.2.4Creditimpairmentallowanceforinvestmentsinotherdebtobligations | ||
| 6.2.5Reserveforcashflowhedges | ||
| 6.2.6Differencesarisingfromthetranslationofforeigncurrency-denominatedfinancialstatements | -597,590.41 | 4,837.39 |
| 6.2.7Other | ||
| Attributabletonon-controllinginterests | -1,571,965.28 | -2,937,421.21 |
| 7.Totalcomprehensiveincome | -1,282,791,629.87 | -331,360,550.33 |
| AttributabletoownersoftheCompanyastheparent | -1,088,263,352.19 | -193,235,394.94 |
| Attributabletonon-controllinginterests | -194,528,277.68 | -138,125,155.39 |
| 8.Earningspershare | ||
| 8.1Basicearningspershare | -0.4517 | -0.0803 |
| 8.2Dilutedearningspershare | -0.4517 | -0.0803 |
Legalrepresentative:CaoShipingCFO:NieYongHeadofthefinancialdepartment:PingHeng
4.IncomeStatementoftheCompanyastheParent
Unit:RMB
| Item | H12024 | H12023 |
| 1.Operatingrevenue | 915,335,790.52 | 671,342,472.97 |
| Less:Costofsales | 909,780,380.96 | 682,543,280.18 |
| Taxesandsurcharges | 8,494,960.13 | 2,825,863.63 |
| Sellingexpense | 50,967,849.89 | 120,609,233.66 |
| Administrativeexpense | 93,947,054.64 | 136,536,029.86 |
| R&Dexpense | 13,571,658.64 | 15,002,427.03 |
| Financecosts | 216,389,535.25 | 158,153,694.90 |
| Including:Interestexpense | 378,248,970.66 | 415,373,817.97 |
| Interestincome | 153,071,010.77 | 181,172,038.86 |
| Add:Otherincome | 7,605,313.33 | 45,777,006.94 |
| Returnoninvestment(“-”forloss) | 32,020,268.53 | 749,413,182.91 |
| Including:Shareofprofitorlossofjointventuresandassociates | 9,290,355.87 | -17,573,675.23 |
| Incomefromthederecognitionoffinancialassetsatamortizedcost(“-”forloss) | -152,875.26 | |
| Netgainonexposurehedges(“-”forloss) | ||
| Gainonchangesinfairvalue(“-”forloss) | -174,699,491.47 | -145,356,925.98 |
| Creditimpairmentloss(“-”forloss) | -12,086,636.46 | -22,515,556.31 |
| Assetimpairmentloss(“-”forloss) | -5,180,066.67 | -5,669,387.21 |
| Assetdisposalincome(“-”forloss) | -110.13 | 18,634.76 |
| 2.Operatingprofit(“-”forloss) | -530,156,371.86 | 177,338,898.82 |
| Add:Non-operatingincome | 2,512,547.44 | 1,209,609.70 |
| Less:Non-operatingexpense | 593,962.79 | 2,143,784.68 |
| 3.Profitbeforetax(“-”forloss) | -528,237,787.21 | 176,404,723.84 |
| Less:Incometaxexpense | -43,674,872.87 | 64,758,360.48 |
| 4.Netprofit(“-”fornetloss) | -484,562,914.34 | 111,646,363.36 |
| 4.1Netprofitfromcontinuingoperations(“-”fornetloss) | -484,562,914.34 | 111,646,363.36 |
| 4.2Netprofitfromdiscontinuedoperations(“-”fornetloss) | ||
| 5.Othercomprehensiveincome,netoftax | ||
| 5.1Itemsthatwillnotbereclassifiedtoprofitorloss | ||
| 5.1.1Changescausedbyremeasurementsondefinedbenefitschemes | ||
| 5.1.2Othercomprehensiveincomethatwillnotbe |
KonkaGroupCo.,Ltd.InterimReport2024
reclassifiedtoprofitorlossundertheequitymethod
| reclassifiedtoprofitorlossundertheequitymethod | ||
| 5.1.3Changesinthefairvalueofinvestmentsinotherequityinstruments | ||
| 5.1.4Changesinthefairvaluearisingfromchangesinowncreditrisk | ||
| 5.1.5Other | ||
| 5.2Itemsthatwillbereclassifiedtoprofitorloss | ||
| 5.2.1Othercomprehensiveincomethatwillbereclassifiedtoprofitorlossundertheequitymethod | ||
| 5.2.2Changesinthefairvalueofinvestmentsinotherdebtobligations | ||
| 5.2.3Othercomprehensiveincomearisingfromthereclassificationoffinancialassets | ||
| 5.2.4Creditimpairmentallowanceforinvestmentsinotherdebtobligations | ||
| 5.2.5Reserveforcashflowhedges | ||
| 5.2.6Differencesarisingfromthetranslationofforeigncurrency-denominatedfinancialstatements | ||
| 5.2.7Other | ||
| 6.Totalcomprehensiveincome | -484,562,914.34 | 111,646,363.36 |
| 7.Earningspershare | ||
| 7.1Basicearningspershare | ||
| 7.2Dilutedearningspershare |
5.ConsolidatedCashFlowStatement
Unit:RMB
| Item | H12024 | H12023 |
| 1.Cashflowsfromoperatingactivities: | ||
| Proceedsfromsaleofcommoditiesandrenderingofservices | 4,267,852,047.59 | 10,257,069,599.77 |
| Netincreaseincustomerdepositsandinterbankdeposits | ||
| Netincreaseinborrowingsfromthecentralbank | ||
| Netincreaseinloansfromotherfinancialinstitutions | ||
| Premiumsreceivedonoriginalinsurancecontracts | ||
| Netproceedsfromreinsurance | ||
| Netincreaseindepositsandinvestmentsofpolicyholders | ||
| Interest,handlingchargesandcommissionsreceived | ||
| Netincreaseininterbankloansobtained | ||
| Netincreaseinproceedsfromrepurchasetransactions | ||
| Netproceedsfromactingtradingofsecurities | ||
| Taxrebates | 139,455,404.70 | 114,042,516.44 |
| Cashgeneratedfromotheroperatingactivities | 210,684,546.43 | 434,232,897.74 |
| Subtotalofcashgeneratedfromoperatingactivities | 4,617,991,998.72 | 10,805,345,013.95 |
| Paymentsforcommoditiesandservices | 3,502,746,057.91 | 9,023,089,761.99 |
| Netincreaseinloansandadvancestocustomers | ||
| Netincreaseindepositsinthecentralbankandininterbankloansgranted | ||
| Paymentsforclaimsonoriginalinsurancecontracts | ||
| Netincreaseininterbankloansgranted | ||
| Interest,handlingchargesandcommissionspaid | ||
| Policydividendspaid | ||
| Cashpaidtoandforemployees | 862,103,567.56 | 961,152,003.48 |
| Taxespaid | 226,961,849.89 | 267,360,124.35 |
| Cashusedinotheroperatingactivities | 465,518,888.49 | 755,293,229.37 |
| Subtotalofcashusedinoperatingactivities | 5,057,330,363.85 | 11,006,895,119.19 |
| Netcashgeneratedfrom/usedinoperatingactivities | -439,338,365.13 | -201,550,105.24 |
| 2.Cashflowsfrominvestingactivities: | ||
| Proceedsfromdisinvestment | 28,078,887.19 | 889,008,792.86 |
KonkaGroupCo.,Ltd.InterimReport2024
Returnoninvestment
| Returnoninvestment | 17,454,288.86 | 102,906,034.84 |
| Netproceedsfromthedisposaloffixedassets,intangibleassetsandotherlong-livedassets | 1,648,546.24 | 5,504,209.67 |
| Netproceedsfromthedisposalofsubsidiariesandotherbusinessunits | 18,818,889.67 | |
| Cashgeneratedfromotherinvestingactivities | 23,144,979.61 | 429,959,598.68 |
| Subtotalofcashgeneratedfrominvestingactivities | 70,326,701.90 | 1,446,197,525.72 |
| Paymentsfortheacquisitionoffixedassets,intangibleassetsandotherlong-livedassets | 383,427,125.49 | 541,154,096.54 |
| Paymentsforinvestments | ||
| Netincreaseinpledgedloansgranted | ||
| Netpaymentsfortheacquisitionofsubsidiariesandotherbusinessunits | ||
| Cashusedinotherinvestingactivities | 2,127,401.00 | 471,154,667.83 |
| Subtotalofcashusedininvestingactivities | 385,554,526.49 | 1,012,308,764.37 |
| Netcashgeneratedfrom/usedininvestingactivities | -315,227,824.59 | 433,888,761.35 |
| 3.Cashflowsfromfinancingactivities: | ||
| Capitalcontributionsreceived | 391,891.90 | 600,000.05 |
| Including:Capitalcontributionsbynon-controllingintereststosubsidiaries | 391,891.90 | 600,000.05 |
| Borrowingsraised | 9,415,119,545.51 | 6,347,967,876.40 |
| Cashgeneratedfromotherfinancingactivities | 354,016,478.39 | 270,299,841.72 |
| Subtotalofcashgeneratedfromfinancingactivities | 9,769,527,915.80 | 6,618,867,718.17 |
| Repaymentofborrowings | 9,327,233,269.01 | 5,423,409,343.95 |
| Interestanddividendspaid | 270,910,689.62 | 417,032,889.60 |
| Including:Dividendspaidbysubsidiariestonon-controllinginterests | 126,628.99 | 735,000.00 |
| Cashusedinotherfinancingactivities | 720,237,854.70 | 486,741,862.16 |
| Subtotalofcashusedinfinancingactivities | 10,318,381,813.33 | 6,327,184,095.71 |
| Netcashgeneratedfrom/usedinfinancingactivities | -548,853,897.53 | 291,683,622.46 |
| 4.Effectofforeignexchangerateschangesoncashandcashequivalents | 7,010,247.78 | 44,134,367.10 |
| 5.Netincreaseincashandcashequivalents | -1,296,409,839.47 | 568,156,645.67 |
| Add:Cashandcashequivalents,beginningoftheperiod | 5,674,784,349.55 | 5,461,912,010.90 |
| 6.Cashandcashequivalents,endoftheperiod | 4,378,374,510.08 | 6,030,068,656.57 |
6.CashFlowStatementoftheCompanyastheParent
Unit:RMB
| Item | H12024 | H12023 |
| 1.Cashflowsfromoperatingactivities: | ||
| Proceedsfromsaleofcommoditiesandrenderingofservices | 1,602,584,444.18 | 1,612,906,405.48 |
| Taxrebates | 34,492,177.78 | 33,601,449.43 |
| Cashgeneratedfromotheroperatingactivities | 71,344,066.52 | 125,639,407.49 |
| Subtotalofcashgeneratedfromoperatingactivities | 1,708,420,688.48 | 1,772,147,262.40 |
| Paymentsforcommoditiesandservices | 2,021,282,615.27 | 1,685,690,002.69 |
| Cashpaidtoandforemployees | 113,835,388.28 | 163,714,700.87 |
| Taxespaid | 22,683,808.32 | 6,158,152.38 |
| Cashusedinotheroperatingactivities | 161,079,943.22 | 258,237,321.10 |
| Subtotalofcashusedinoperatingactivities | 2,318,881,755.09 | 2,113,800,177.04 |
| Netcashgeneratedfrom/usedinoperatingactivities | -610,461,066.61 | -341,652,914.64 |
| 2.Cashflowsfrominvestingactivities: | ||
| Proceedsfromdisinvestment | 7,873,623.97 | 377,895,533.73 |
| Returnoninvestment | 13,490,000.00 | 45,984,167.78 |
| Netproceedsfromthedisposaloffixedassets,intangibleassetsandotherlong-livedassets | 20,138.36 | 463,991.29 |
| Netproceedsfromthedisposalofsubsidiariesandotherbusinessunits | ||
| Cashgeneratedfromotherinvestingactivities | 3,388,426,673.22 | 2,247,236,977.19 |
| Subtotalofcashgeneratedfrominvestingactivities | 3,409,810,435.55 | 2,671,580,669.99 |
KonkaGroupCo.,Ltd.InterimReport2024
Paymentsfortheacquisitionoffixedassets,intangibleassetsandotherlong-livedassets
| Paymentsfortheacquisitionoffixedassets,intangibleassetsandotherlong-livedassets | 17,759,814.73 | 64,727,368.50 |
| Paymentsforinvestments | 13,000,000.00 | 77,400,000.00 |
| Netpaymentsfortheacquisitionofsubsidiariesandotherbusinessunits | ||
| Cashusedinotherinvestingactivities | 3,417,504,221.91 | 1,822,125,825.03 |
| Subtotalofcashusedininvestingactivities | 3,448,264,036.64 | 1,964,253,193.53 |
| Netcashgeneratedfrom/usedininvestingactivities | -38,453,601.09 | 707,327,476.46 |
| 3.Cashflowsfromfinancingactivities: | ||
| Capitalcontributionsreceived | ||
| Borrowingsraised | 7,632,107,916.66 | 5,060,000,000.00 |
| Cashgeneratedfromotherfinancingactivities | 5,179,636,847.74 | 4,539,539,207.19 |
| Subtotalofcashgeneratedfromfinancingactivities | 12,811,744,764.40 | 9,599,539,207.19 |
| Repaymentofborrowings | 8,221,706,940.23 | 3,708,306,940.22 |
| Interestanddividendspaid | 289,317,772.25 | 439,526,690.78 |
| Cashusedinotherfinancingactivities | 4,969,550,553.21 | 5,451,482,339.89 |
| Subtotalofcashusedinfinancingactivities | 13,480,575,265.69 | 9,599,315,970.89 |
| Netcashgeneratedfrom/usedinfinancingactivities | -668,830,501.29 | 223,236.30 |
| 4.Effectofforeignexchangerateschangesoncashandcashequivalents | 3,479,996.51 | 6,131,671.92 |
| 5.Netincreaseincashandcashequivalents | -1,314,265,172.48 | 372,029,470.04 |
| Add:Cashandcashequivalents,beginningoftheperiod | 4,263,319,288.76 | 3,833,613,544.22 |
| 6.Cashandcashequivalents,endoftheperiod | 2,949,054,116.28 | 4,205,643,014.26 |
KonkaGroupCo.,Ltd.InterimReport2024
7.ConsolidatedStatementsofChangesinOwners’Equity
H12024
Unit:RMB
Item
| Item | H12024 | ||||||||||||||
| EquityattributabletoownersoftheCompanyastheparent | Non-controllinginterests | Totalowners’equity | |||||||||||||
| Sharecapital | Otherequityinstruments | Capitalreserves | Less:Treasurystock | Othercomprehensiveincome | Specificreserve | Surplusreserves | Generalreserve | Retainedearnings | Other | Subtotal | |||||
| Preferredshares | Perpetualbonds | Other | |||||||||||||
| 1.Balanceasattheendoftheperiodofprioryear | 2,407,945,408.00 | 526,499,506.76 | -13,443,558.44 | 4,657,488.24 | 1,244,180,364.24 | 1,474,561,975.85 | 5,644,401,184.65 | 262,221,679.49 | 5,906,622,864.14 | ||||||
| Add:Adjustmentforchangeinaccountingpolicy | |||||||||||||||
| Adjustmentforcorrectionofpreviouserror | |||||||||||||||
| Otheradjustments | |||||||||||||||
| 2.BalanceasatthebeginningoftheReportingPeriod | 2,407,945,408.00 | 526,499,506.76 | -13,443,558.44 | 4,657,488.24 | 1,244,180,364.24 | 1,474,561,975.85 | 5,644,401,184.65 | 262,221,679.49 | 5,906,622,864.14 | ||||||
| 3.Increase/decreaseintheperiod(“-”fordecrease) | -4,789,206.64 | -681,509.64 | 1,958,049.12 | -1,087,581,842.55 | -1,091,094,509.71 | -164,890,039.08 | -1,255,984,548.79 | ||||||||
| 3.1Totalcomprehensiveincome | -681,509.64 | -1,087,581,842.55 | -1,088,263,352.19 | -194,528,277.68 | -1,282,791,629.87 | ||||||||||
| 3.2Capitalincreasedandreducedbyowners | -4,789,206.64 | -4,789,206.64 | 29,083,500.46 | 24,294,293.82 | |||||||||||
| 3.2.1Ordinarysharesincreasedbyowners | 391,891.90 | 391,891.90 | |||||||||||||
| 3.2.2Capitalincreasedbyholdersofotherequityinstruments | |||||||||||||||
| 3.2.3Share-basedpaymentsincludedinowners’equity | |||||||||||||||
| 3.2.4Other | -4,789,206.64 | -4,789,206.64 | 28,691,608.56 | 23,902,401.92 | |||||||||||
| 3.3Profitdistribution | |||||||||||||||
| 3.3.1Appropriationtosurplusreserves | |||||||||||||||
| 3.3.2Appropriationtogeneralreserve | |||||||||||||||
| 3.3.3Appropriationtoowners(orshareholders) | |||||||||||||||
| 3.3.4Other | |||||||||||||||
| 3.4Transferswithinowners’equity | |||||||||||||||
| 3.4.1Increaseincapital(orsharecapital)fromcapitalreserves | |||||||||||||||
| 3.4.2Increaseincapital(orsharecapital)fromsurplusreserves | |||||||||||||||
| 3.4.3Lossoffsetbysurplusreserves | |||||||||||||||
| 3.4.4Changesindefinedbenefitschemestransferredtoretainedearnings | |||||||||||||||
| 3.4.5Othercomprehensiveincometransferredtoretainedearnings | |||||||||||||||
KonkaGroupCo.,Ltd.InterimReport2024
3.4.6Other
| 3.4.6Other | |||||||||||||
| 3.5Specificreserve | 1,958,049.12 | 1,958,049.12 | 554,738.14 | 2,512,787.26 | |||||||||
| 3.5.1Increaseintheperiod | 2,537,402.71 | 2,537,402.71 | 589,725.35 | 3,127,128.06 | |||||||||
| 3.5.2Usedintheperiod | 579,353.59 | 579,353.59 | 34,987.21 | 614,340.80 | |||||||||
| 3.6Other | |||||||||||||
| 4.BalanceasattheendoftheReportingPeriod | 2,407,945,408.00 | 521,710,300.12 | -14,125,068.08 | 6,615,537.36 | 1,244,180,364.24 | 386,980,133.30 | 4,553,306,674.94 | 97,331,640.41 | 4,650,638,315.35 |
H12023
Unit:RMB
| Item | H12023 | ||||||||||||||
| EquityattributabletoownersoftheCompanyastheparent | Non-controllinginterests | Totalowners’equity | |||||||||||||
| Sharecapital | Otherequityinstruments | Capitalreserves | Less:Treasurystock | Othercomprehensiveincome | Specificreserve | Surplusreserves | Generalreserve | Retainedearnings | Other | Subtotal | |||||
| Preferredshares | Perpetualbonds | Other | |||||||||||||
| 1.Balanceasattheendoftheperiodofprioryear | 2,407,945,408.00 | 365,247,361.05 | -14,265,181.63 | 1,244,180,364.24 | 3,637,291,770.33 | 7,640,399,721.99 | 820,973,239.93 | 8,461,372,961.92 | |||||||
| Add:Adjustmentforchangeinaccountingpolicy | 1,576,234.17 | 1,576,234.17 | 136,147.01 | 1,712,381.18 | |||||||||||
| Adjustmentforcorrectionofpreviouserror | |||||||||||||||
| Otheradjustments | |||||||||||||||
| 2.BalanceasatthebeginningoftheReportingPeriod | 2,407,945,408.00 | 365,247,361.05 | -14,265,181.63 | 1,244,180,364.24 | 3,638,868,004.50 | 7,641,975,956.16 | 821,109,386.94 | 8,463,085,343.10 | |||||||
| 3.Increase/decreaseintheperiod(“-”fordecrease) | 72,867,671.02 | 4,837.39 | -192,680,226.89 | -119,807,718.48 | -139,649,988.36 | -259,457,706.84 | |||||||||
| 3.1Totalcomprehensiveincome | 4,837.39 | -193,240,232.33 | -193,235,394.94 | -138,125,155.39 | -331,360,550.33 | ||||||||||
| 3.2Capitalincreasedandreducedbyowners | 72,867,671.02 | 72,867,671.02 | -789,832.97 | 72,077,838.05 | |||||||||||
| 3.2.1Ordinarysharesincreasedbyowners | 600,000.03 | 600,000.03 | |||||||||||||
| 3.2.2Capitalincreasedbyholdersofotherequityinstruments | |||||||||||||||
| 3.2.3Share-basedpaymentsincludedinowners’equity | |||||||||||||||
| 3.2.4Other | 72,867,671.02 | 72,867,671.02 | -1,389,833.00 | 71,477,838.02 | |||||||||||
| 3.3Profitdistribution | -735,000.00 | -735,000.00 | |||||||||||||
| 3.3.1Appropriationtosurplusreserves | |||||||||||||||
| 3.3.2Appropriationtogeneralreserve | |||||||||||||||
| 3.3.3Appropriationtoowners(orshareholders) | -735,000.00 | -735,000.00 | |||||||||||||
| 3.3.4Other | |||||||||||||||
| 3.4Transferswithinowners’equity | |||||||||||||||
| 3.4.1Increaseincapital(orsharecapital)fromcapitalreserves | |||||||||||||||
| 3.4.2Increaseincapital(orsharecapital)fromsurplusreserves | |||||||||||||||
| 3.4.3Lossoffsetbysurplusreserves | |||||||||||||||
| 3.4.4Changesindefinedbenefitschemestransferredtoretainedearnings | |||||||||||||||
KonkaGroupCo.,Ltd.InterimReport2024
3.4.5Othercomprehensiveincometransferredtoretainedearnings
| 3.4.5Othercomprehensiveincometransferredtoretainedearnings | |||||||||||||
| 3.4.6Other | |||||||||||||
| 3.5Specificreserve | |||||||||||||
| 3.5.1Increaseintheperiod | |||||||||||||
| 3.5.2Usedintheperiod | |||||||||||||
| 3.6Other | 560,005.44 | 560,005.44 | 560,005.44 | ||||||||||
| 4.BalanceasattheendoftheReportingPeriod | 2,407,945,408.00 | 438,115,032.07 | -14,260,344.24 | 1,244,180,364.24 | 3,446,187,777.61 | 7,522,168,237.68 | 681,459,398.58 | 8,203,627,636.26 |
8.StatementsofChangesinOwners’EquityoftheCompanyastheParent
H12024
Unit:RMB
| Item | H12024 | |||||||||||
| Sharecapital | Otherequityinstruments | Capitalreserves | Less:Treasurystock | Othercomprehensiveincome | Specificreserve | Surplusreserves | Retainedearnings | Other | Totalowners’equity | |||
| Preferredshares | Perpetualbonds | Other | ||||||||||
| 1.Balanceasattheendoftheperiodofprioryear | 2,407,945,408.00 | 341,229,750.75 | -1,399,371.64 | 1,260,024,039.76 | 550,788,846.44 | 4,558,588,673.31 | ||||||
| Add:Adjustmentforchangeinaccountingpolicy | ||||||||||||
| Adjustmentforcorrectionofpreviouserror | ||||||||||||
| Otheradjustments | ||||||||||||
| 2.BalanceasatthebeginningoftheReportingPeriod | 2,407,945,408.00 | 341,229,750.75 | -1,399,371.64 | 1,260,024,039.76 | 550,788,846.44 | 4,558,588,673.31 | ||||||
| 3.Increase/decreaseintheperiod(“-”fordecrease) | -11,288,034.03 | -484,562,914.34 | -495,850,948.37 | |||||||||
| 3.1Totalcomprehensiveincome | -484,562,914.34 | -484,562,914.34 | ||||||||||
| 3.2Capitalincreasedandreducedbyowners | -11,288,034.03 | -11,288,034.03 | ||||||||||
| 3.2.1Ordinarysharesincreasedbyowners | ||||||||||||
| 3.2.2Capitalincreasedbyholdersofotherequityinstruments | ||||||||||||
| 3.2.3Share-basedpaymentsincludedinowners’equity | ||||||||||||
| 3.2.4Other | -11,288,034.03 | -11,288,034.03 | ||||||||||
| 3.3Profitdistribution | ||||||||||||
| 3.3.1Appropriationtosurplusreserves | ||||||||||||
| 3.3.2Appropriationtoowners(orshareholders) | ||||||||||||
| 3.3.3Other | ||||||||||||
| 3.4Transferswithinowners’equity | ||||||||||||
| 3.4.1Increaseincapital(orsharecapital)fromcapitalreserves | ||||||||||||
| 3.4.2Increaseincapital(orsharecapital)fromsurplusreserves | ||||||||||||
| 3.4.3Lossoffsetbysurplusreserves | ||||||||||||
| 3.4.4Changesindefinedbenefitschemestransferredtoretainedearnings | ||||||||||||
| 3.4.5Othercomprehensiveincometransferredtoretainedearnings | ||||||||||||
| 3.4.6Other | ||||||||||||
| 3.5Specificreserve | ||||||||||||
| 3.5.1Increaseintheperiod | ||||||||||||
| 3.5.2Usedintheperiod | ||||||||||||
KonkaGroupCo.,Ltd.InterimReport2024
3.6Other
| 3.6Other | ||||||||||
| 4.BalanceasattheendoftheReportingPeriod | 2,407,945,408.00 | 329,941,716.72 | -1,399,371.64 | 1,260,024,039.76 | 66,225,932.10 | 4,062,737,724.94 |
H12023
Unit:RMB
| Item | H12023 | |||||||||||
| Sharecapital | Otherequityinstruments | Capitalreserves | Less:Treasurystock | Othercomprehensiveincome | Specificreserve | Surplusreserves | Retainedearnings | Other | Totalowners’equity | |||
| Preferredshares | Perpetualbonds | Other | ||||||||||
| 1.Balanceasattheendoftheperiodofprioryear | 2,407,945,408.00 | 241,044,390.55 | -1,500,000.00 | 1,260,024,039.76 | 1,306,066,395.60 | 5,213,580,233.91 | ||||||
| Add:Adjustmentforchangeinaccountingpolicy | ||||||||||||
| Adjustmentforcorrectionofpreviouserror | ||||||||||||
| Otheradjustments | -6,088,070.45 | -6,088,070.45 | ||||||||||
| 2.BalanceasatthebeginningoftheReportingPeriod | 2,407,945,408.00 | 241,044,390.55 | -1,500,000.00 | 1,260,024,039.76 | 1,299,978,325.15 | 5,207,492,163.46 | ||||||
| 3.Increase/decreaseintheperiod(“-”fordecrease) | 72,867,671.02 | 111,646,363.36 | 184,514,034.38 | |||||||||
| 3.1Totalcomprehensiveincome | 111,646,363.36 | 111,646,363.36 | ||||||||||
| 3.2Capitalincreasedandreducedbyowners | 72,867,671.02 | 72,867,671.02 | ||||||||||
| 3.2.1Ordinarysharesincreasedbyowners | ||||||||||||
| 3.2.2Capitalincreasedbyholdersofotherequityinstruments | ||||||||||||
| 3.2.3Share-basedpaymentsincludedinowners’equity | ||||||||||||
| 3.2.4Other | 72,867,671.02 | 72,867,671.02 | ||||||||||
| 3.3Profitdistribution | ||||||||||||
| 3.3.1Appropriationtosurplusreserves | ||||||||||||
| 3.3.2Appropriationtoowners(orshareholders) | ||||||||||||
| 3.3.3Other | ||||||||||||
| 3.4Transferswithinowners’equity | ||||||||||||
| 3.4.1Increaseincapital(orsharecapital)fromcapitalreserves | ||||||||||||
| 3.4.2Increaseincapital(orsharecapital)fromsurplusreserves | ||||||||||||
| 3.4.3Lossoffsetbysurplusreserves | ||||||||||||
| 3.4.4Changesindefinedbenefitschemestransferredtoretainedearnings | ||||||||||||
| 3.4.5Othercomprehensiveincometransferredtoretainedearnings | ||||||||||||
| 3.4.6Other | ||||||||||||
| 3.5Specificreserve | ||||||||||||
| 3.5.1Increaseintheperiod | ||||||||||||
| 3.5.2Usedintheperiod | ||||||||||||
| 3.6Other | ||||||||||||
| 4.BalanceasattheendoftheReportingPeriod | 2,407,945,408.00 | 313,912,061.57 | -1,500,000.00 | 1,260,024,039.76 | 1,411,624,688.51 | 5,392,006,197.84 | ||||||
NotestotheFinancialStatementsofKonkaGroupCo.,Ltd.
FortheYearfrom1January2024to30June2024
(AllamountsinRMByuanunlessotherwisestated)I.CompanyProfile
1.EstablishmentKonkaGroupCo.,Ltd.(hereinafterreferredtoas“theCompany”andthe“Group”whenincludingsubsidiaries),isajoint-stocklimitedcompanyreorganizedfromtheformerShenzhenKonkaElectronicCo.,Ltd.inAugust1991uponapprovalofthePeople’sGovernmentofShenzhenMunicipality,andhasitsordinaryshares(A-shareandB-share)listedonShenzhenStockExchangewithpriorconsentfromthePeople’sBankofChinaShenzhenSpecialEconomicZoneBranch.On29August1995,theCompanywasrenamedto“KonkaGroupCo.,Ltd.”(Credibilitycode:914403006188155783)withitsmainbusinesselectronicindustry.AndnowtheheadquarterslocatesinNo.28ofNo.12ofKejiSouthRd.,Science&TechnologyPark,YuehaiStreet,NanshanDistrict,Shenzhen,GuangdongProvince.
2.SharecapitalAfterthedistributionofbonusshares,allotments,increasedsharecapitalandnewsharesissuedovertheyears,asof30June2024,theCompanyhasissuedatotalof2,407,945,408.00shares(denominationofRMB1pershare)witharegisteredcapitalofRMB2,407,945,408.00.
3.Thenatureofthecompany'sbusinessandmainoperatingactivitiesTheGroupwasmainlyengagedinconsumerelectronicsandsemiconductorbusinesses,conductingtheproductionandsalesofcolourTVs,whitegoods,optoelectronicdisplay,storageandprintedcircuitBoards,etc.
4.ThefinancialstatementscontainedhereinhavebeenapprovedforissuebytheBoardofDirectorsoftheCompanyon29August2024.
II.Consolidationscope
TheCompanyhasatotalof111subsidiariesincludedintheconsolidationscopeincludingShenzhenKonkaElectronicsTechnologyCo.,Ltd.,AnhuiKonkaElectronicCo.,Ltd.andDongguanKonkaElectronicCo.,Ltd.TheconsolidationscopeoftheCompanyfortheReportingPerioddecreasedby5householdsincludingKonkaHuanjiaEnvironmentalTechnologyCo.,Ltd.,ShenzhenWankaidaScienceandTechnologyCo.,Ltd.,etc.duetolosingcontrolforbankruptcyandliquidationofsubsidiariesorcancellationcomparedtothesameperiodoflastyear.Fordetails,pleaserefertoNote8“Changesintheconsolidationscope”andNote9"Equityin
OtherEntities".AchecklistofcorporatenamesandtheirabbreviationsmentionedinthisReport
No.
| No. | Corporatename | Abbreviation |
| 1 | ShenzhenKonkaElectronicsTechnologyCo.,Ltd. | ElectronicsTechnology |
| 2 | NantongHaimenKonkaSmartTechnologyCo.,Ltd. | HaimenKonka |
| 3 | ChengduKonkaSmartTechnologyCo.,Ltd. | ChengduKonkaSmart |
| 4 | ChengduKonkaElectronicCo.,Ltd. | ChengduKonkaElectronic |
| 5 | NantongHongdinSmartTechnologyCo.,Ltd. | NantongHongdin |
| 6 | ShenzhenKangchengTechnologyInnovationandDevelopmentCo.,Ltd. | ShenzhenKangcheng |
| 7 | XiaojiaTechnologyCo.,Ltd. | XiaojiaTechnology |
| 8 | LiaoyangKangshunSmartTechnologyCo.,Ltd. | LiaoyangKangshunSmart |
| 9 | LiaoyangKangshunRenewableResourcesCo.,Ltd. | LiaoyangKangshunRenewable |
| 10 | NanjingKonkaElectronicsCo.,Ltd. | NanjingKonka |
| 11 | ChuzhouKonkaPrecisionIntelligentManufacturingTechnologyCo.,Ltd. | ChuzhouKonka |
| 12 | GuangDongXingDaHongYeElectronicCo.,Ltd. | XingDaHongYe |
| 13 | ShenzhenKonkaCircuitCo.,Ltd. | KonkaCircuit |
| 14 | SuiningKonkaFlexibleElectronicTechnologyCo.,Ltd. | KonkaFlexibleElectronic |
| 15 | SuiningKonkaHongyeElectronicsCo.,Ltd. | KonkaHongyeElectronics |
| 16 | BoluoKonkaPrecisionTechnologyCo.,Ltd. | BoluoPrecision |
| 17 | BoluoKonkaPCBCo.,Ltd. | BoluoKonka |
| 18 | AnhuiKonkaTongchuangElectricalAppliancesCo.,Ltd. | AnhuiTongchuang |
| 19 | JiangsuKonkaSmartElectricalAppliancesCo.,Ltd. | JiangsuKonkaSmart |
| 20 | AnhuiKonkaElectricalApplianceTechnologyCo.,Ltd. | AnhuiElectricalAppliance |
| 21 | HenanFrestecRefrigerationApplianceCo.,Ltd. | FrestecRefrigeration |
| 22 | HenanFrestecElectricalAppliancesCo.,Ltd. | FrestecElectricalAppliances |
| 23 | HenanFrestecHouseholdAppliancesCo.,Ltd. | FrestecHouseholdAppliances |
| 24 | HenanFrestecSmartHomeTechnologyCo.,Ltd. | FrestecSmartHome |
No.
| No. | Corporatename | Abbreviation |
| 25 | ShenzhenKonkaInvestmentHoldingsCo.,Ltd. | KonkaInvestment |
| 26 | YibinKonkaTechnologyParkOperationCo.,Ltd. | YibinKonkaTechnologyPark |
| 27 | ShenzhenKonkaCapitalEquityInvestmentManagementCo.,Ltd. | KonkaCapital |
| 28 | KonkaSuiyongInvestment(Shenzhen)Co.,Ltd. | KonkaSuiyong |
| 29 | ShenzhenKonkaShengxingIndustrialCo.,Ltd. | ShengxingIndustrial |
| 30 | ShenzhenKonkaZhitongTechnologyCo.,Ltd. | ZhitongTechnology |
| 31 | KonkaElectronicMaterialTechnology(Shenzhen)Co.,Ltd. | KonkaElectronicMaterial |
| 32 | BeijingKonkaElectronicCo.,Ltd. | BeijingKonkaElectronic |
| 33 | TianjinKonkaTechnologyCo.,Ltd. | TianjinKonka |
| 34 | SuiningKonkaIndustrialParkDevelopmentCo.,Ltd. | SuiningKonkaIndustrialPark |
| 35 | SuiningKonkaElectronicTechnologicalInnovationCo.,Ltd. | SuiningElectronicTechnologicalInnovation |
| 36 | ShanghaiKonkaIndustrialCo.,Ltd. | ShanghaiKonka |
| 37 | YantaiKangjinTechnologyDevelopmentCo.,Ltd. | YantaiKangjin |
| 38 | ShenzhenKonkaMobileInterconnectionTechnologyCo.,Ltd. | MobileInterconnection |
| 39 | SichuanKonkaSmartTerminalTechnologyCo.,Ltd | SichuanKonka |
| 40 | YibinKonkaSmartTechnologyCo.,Ltd. | YibinSmart |
| 41 | ShenzhenKONSEMICo.,Ltd. | ShenzhenKONSEMI |
| 42 | ChongqingKonkaTechnologyDevelopmentCo.,Ltd. | ChongqingKonka |
| 43 | KowinMemoryTechnology(Shenzhen)Co.,Limited | KowinMemory(Shenzhen) |
| 44 | KowinMemoryTechnology(HongKong)Co.,Limited | KowinMemory(HongKong) |
| 45 | KonkaXinyunSemiconductorTechnology(Yancheng)Co.,Ltd. | KonkaXinyunSemiconductor |
| 46 | KonkaCross-border(Hebei)TechnologyDevelopmentCo.,Ltd. | KonkaCross-border(Hebei) |
| 47 | ShenzhenNianhuaEnterpriseManagementCo.,Ltd. | ShenzhenNianhua |
| 48 | KonkaHuazhong(Hunan)TechnologyCo.,Ltd. | KonkaHuazhong |
| 49 | ShenzhenWankaidaScienceandTechnologyCo.,Ltd. | Wankaida |
| 50 | ShenzhenKonkaChuangzhiElectricalAppliancesCo.,Ltd. | ShenzhenChuangzhiElectricalAppliances |
No.
| No. | Corporatename | Abbreviation |
| 51 | SuiningJiarunPropertyCo.,Ltd. | SuiningJiarunProperty |
| 52 | AnhuiKonkaElectronicCo.,Ltd. | AnhuiKonka |
| 53 | AnhuiKangzhiTradeCo.,Ltd. | KangzhiTrade |
| 54 | ShenzhenKonkaTelecommunicationsTechnologyCo.,Ltd. | TelecommunicationTechnology |
| 55 | KonkaMobilityCo.,Limited | KonkaMobility |
| 56 | DongguanKonkaElectronicCo.,Ltd. | DongguanKonka |
| 57 | SuiningKonkaSmartTechnologyCo.,Ltd. | SuiningKonkaSmart |
| 58 | ChongqingKonkaOptoelectronicTechnologyCo.,Ltd. | ChongqingOptoelectronicTechnology |
| 59 | YibinKangrunEnvironmentalTechnologyCo.,Ltd. | YibinKangrun |
| 60 | YibinKangrunMedicalWasteCentralizedTreatmentCo.,Ltd. | YibinKangrunMedical |
| 61 | NingboKhrElectricApplianceCo.,Ltd. | NingboKhrElectricAppliance |
| 62 | JiangxiKonkaNewMaterialTechnologyCo.,Ltd. | JiangxiKonka |
| 63 | JiangxiHighTransparentSubstrateMaterialTechnologyCo.,Ltd. | JiangxiHighTransparentSubstrate |
| 64 | JiangxiXinfengMicrocrystallineJadeCo.,Ltd. | XinfengMicrocrystalline |
| 65 | KonkaHuanjiaEnvironmentalTechnologyCo.,Ltd. | KonkaHuanjia |
| 66 | KonkaHuanjia(Henan)EnvironmentalTechnologyCo.,Ltd. | KonkaHuanjia(Henan) |
| 67 | ShanxiKonkaIntelligentApplianceCo.,Ltd. | ShanxiKonkaIntelligent |
| 68 | ShenzhenKonkaPengrunTechnology&IndustryCo.,Ltd. | PengrunTechnology |
| 69 | JiaxinTechnologyCo.,Ltd. | JiaxinTechnology |
| 70 | KonkaRongheIndustrialTechnology(Zhejiang)Co.,Ltd. | KonkaRonghe |
| 71 | ShenzhenKonkaUnifortuneTechnologyCo.,Ltd. | KonkaUnifortune |
| 72 | JialiInternational(HongKong)Limited | JialiInternational |
| 73 | SichuanKangjiatongTechnologyCo.,Ltd. | Kangjiatong |
| 74 | Jiangkang(Shanghai)TechnologyCo.,Ltd. | Jiangkang(Shanghai)Technology |
| 75 | ShenzhenKonkaIntelligentManufacturingTechnologyCo.,Ltd. | KonkaIntelligentManufacturing |
| 76 | HainanKonkaTechnologyCo.,Ltd. | HainanKonkaTechnology |
No.
| No. | Corporatename | Abbreviation |
| 77 | KonkaVenturesDevelopment(Shenzhen)Co.,Ltd. | KonkaVentures |
| 78 | YibinKonkaIncubatorManagementCo.,Ltd. | YibinKonkaIncubator |
| 79 | YantaiKonkaHealthcareEnterpriseServiceCo.,Ltd. | YantaiKonka |
| 80 | ChengduAnrenKonkaCulturalandCreativeIncubatorManagementCo.,Ltd. | ChengduAnren |
| 81 | GuiyangKonkaEnterpriseServiceCo.,Ltd. | KonkaEnterpriseService |
| 82 | ShenzhenKonkaEco-DevelopmentInvestmentCo.,Ltd. | KonkaEco-Development |
| 83 | Konka(Europe)Co.,Ltd. | KonkaEurope |
| 84 | HongKongKonkaLimited | HongKongKonka |
| 85 | HongdinInternationalTradingLimited | HongdinTrading |
| 86 | KonkaNorthAmericaLLC | KonkaNorthAmerica |
| 87 | KanghaoTechnologyCo.,Ltd. | KanghaoTechnology |
| 88 | HongdinInvestDevelopmentLimited | HongdinInvest |
| 89 | ChainKingdomMemoryTechnologiesCo.,Limited | ChainKingdomMemoryTechnologies |
| 90 | ChainKingdomSemiconductor(Shaoxing)Co.,Ltd. | ChainKingdomSemiconductor(Shaoxing) |
| 91 | Hongjet(HongKong)CompanyLimited | Hongjet |
| 92 | ChongqingXinyuanSemiconductorCo.,Ltd. | ChongqingXinyuanSemiconductor |
| 93 | AnluKonkaIndustryOperationServiceCo.Ltd. | AnluKonka |
| 94 | ShenzhenKanghongDongshengInvestmentPartnership(LimitedPartnership) | KanghongDongsheng |
| 95 | GuizhouKonkaNewMaterialTechnologyCo.,Ltd. | GuizhouKonkaNewMaterialTechnology |
| 96 | GuangdongXinweiSemiconductorCo.,Ltd. | GuangdongXinwei |
| 97 | GuizhouKangguiMaterialTechnologyCo.,Ltd. | GuizhouKangguiMaterialTechnology |
| 98 | NantongKanghaiTechnologyIndustryDevelopmentCo.,Ltd. | NantongKanghai |
| 99 | ChongqingKangyiyunBusinessOperationManagementCo.,Ltd. | ChongqingKangyiyun |
| 100 | JiangxiKonkaHigh-techParkOperationandManagementCo.,Ltd. | JiangxiKonkaHigh-techPark |
No.
| No. | Corporatename | Abbreviation |
| 101 | ShangraoKonkaElectronicTechnologyInnovationCo.,Ltd. | ShangraoKonkaElectronicTechnologyInnovation |
| 102 | GuizhouKonkaNewEnergyMaterialTechnologyCo.,Ltd. | GuizhouKonkaNewEnergy |
| 103 | ZhejiangKonkaElectronicsCo.,Ltd. | ZhejiangKonkaElectronic |
| 104 | ZhejiangKonkaTechnologyIndustryDevelopmentCo.,Ltd. | ZhejiangKonkaTechnologyIndustry |
| 105 | Xi'anKonkaIntelligentApplianceCo.,Ltd. | Xi'anKonkaIntelligent |
| 106 | Xi'anKonkaNetworkTechnologyCo.,Ltd. | Xi'anKonkaNetwork |
| 107 | Xi'anKanghongTechnologyIndustryDevelopmentCo.,Ltd. | Xi'anKanghongTechnologyIndustry |
| 108 | Xi'anKonkaIntelligentTechnologyDevelopmentCo.,Ltd. | Xi'anKonkaIntelligentTechnology |
| 109 | AnhuiKonkaLowCarbonTechnologyCo.,Ltd. | AnhuiKonkaLowCarbon |
| 110 | ShenzhenKanghongXintongInvestmentPartnership(LimitedPartnership) | KanghongXintong |
| 111 | SongyangKonkaSmartIndustryOperationManagementCo.,Ltd. | SongyangIndustryOperation |
| 112 | ShenzhenKangyanTechnologyCo.,Ltd. | KangyanTechnology |
| 113 | KonkaPhotovoltaicTechnologyCo.,Ltd. | KonkaPhotovoltaicTechnology |
| 114 | SongyangKonkaIntelligentTechnologyDevelopmentCo.,Ltd. | SongyangKonkaIntelligent |
| 115 | KonkaNorthChina(Tianjin)TechnologyCo.,Ltd. | KonkaNorthChina |
| 116 | ShenzhenKonkaDigitalTechnologyDevelopmentCo.,Ltd. | DigitalTechnology |
III.BasisforthePreparationofFinancialStatements
1.BasicforthepreparationTheGroup'sfinancialstatementswerepreparedinaccordancewiththeAccountingStandardsforBusinessEnterprisespromulgatedbytheMinistryofFinanceaswellasguidelinesonaccountingstandardsforbusinessenterprises,announcementsoninterpretingtheaccountingstandardsforbusinessenterprisesandotherrelatedregulations(hereinaftercollectivelyreferredtoasthe"AccountingStandardsforBusinessEnterprises"),aswellasthedisclosureregulationsoftheGeneralProvisionsonFinancialReportingNo.15forCompaniesPubliclyIssuingSecurities(revisedin2023)bytheChinaSecuritiesRegulatoryCommission(hereinafterreferredtoasthe"CSRC").
2.Going-concernTheGrouphasevaluateditsabilitytocontinueasagoingconcernfor12monthssincetheendoftheReportingPeriod,andhasnotfoundanymattersorsituationsthatraisesignificantdoubtsaboutitsabilitytocontinueasagoingconcern.Therefore,thefinancialstatementsarepresentedonagoingconcernbasis.
IV.ImportantAccountingPoliciesandEstimationsSpecificaccountingpoliciesandaccountingestimates:ThespecificaccountingpoliciesandaccountingestimatesformulatedbytheGroupaccordingtotheactualproductionandoperationcharacteristicsincludeprovisionsforbaddebtsofaccountsreceivable,provisionsforinventorydepreciation,depreciationoffixedassets,revenuerecognitionandmeasurement,etc.
1.StatementofCompliancewiththeAccountingStandardsforBusinessEnterprisesThefinancialstatementspreparedbytheGroupareincompliancewithincompliancewiththeAccountingStandardsforBusinessEnterprises,whichfactually,accuratelyandcompletelypresenttheGroup’sfinancialpositionson30June2024,businessresultsandcashflows,andotherrelevantinformationforH12024.
2.FiscalPeriodTheGroup’sfiscalyearstartsonJanuary1andendsonDecember31ofeveryyearaccordingtotheGregoriancalendar.
3.OperatingCycleThenormaloperatingcyclereferstotheperiodfromthepurchaseofassetsforprocessingtotherealizationofcashorcashequivalentsbytheGroup.AnoperatingcyclefortheGroupis12months,whichisalsotheclassificationcriterionfortheliquidityofitsassetsandliabilities.
4.RecordingCurrencyTheGroupadoptedRMBasthebookkeepingbasecurrency.
5.MethodologyforDeterminingMaterialityCriteriaandBasisforSelectionTheGrouppreparesanddisclosesfinancialstatementsadheringtotheprincipleofmateriality.Thedisclosuresinthenotestothefinancialstatementscovermattersinvolvingjudgmentsaboutmaterialitycriteria,themethodsfordeterminingmaterialitythresholds,andthebasesforselectingthesecriteria:
Disclosuresinvolvingmaterialitystandard
judgments
| Disclosuresinvolvingmaterialitystandardjudgments | Locationofdisclosureofthismatterinthenotestothepresentfinancialstatements | Methodologyfordeterminingmaterialitycriteriaandbasisforselection |
| Significantindividuallybaddebtprovisionedreceivables | NoteVI-4.Accountsreceivable(2) | IndividualamountexceedingRMB50,000,000 |
| Receivableswithsignificantamountofbaddebtprovisionrecoveredorreversedduringtheperiod | NoteVI-4.Accountsreceivable(3) | IndividualamountexceedingRMB10million |
| Significantwrite-offsofreceivablesduringtheperiodWrite-offs | NoteVI-4.Accountsreceivable(4) | IndividualamountexceedingRMB10million |
| Significantaccountspayableagedover1year | NoteVI-26.Accountspayable | IndividualamountexceedingRMB10million |
| Significantreceiptsinadvanceandcontractualliabilities/projectedliabilities/otherpayablesagedover1year | NoteVI-27;NoteVI-28;NoteVI-31;NoteVI-39 | IndividualamountexceedingRMB10million |
| Significantconstructioninprogressproject | NoteVI-16.Constructioninprogress(2) | IncreaseordecreaseinasingleassetduringtheyearorabalanceexceedingRMB0.1billion |
6.AccountingTreatmentMethodsforBusinessCombinationsundertheSameControlornotundertheSameControl
(1)BusinessCombinationsundertheSameControlAbusinesscombinationinvolvingentitiesundercommoncontrolisabusinesscombinationinwhichallofthecombiningenterprisesareultimatelycontrolledbythesamepartyorpartiesbothbeforeandafterthecombination,andthatcontrolisnottransitory.Asthecombiningparty,theassetsandliabilitiesobtainedbytheGroupinabusinesscombination
underthesamecontrolshallbemeasuredonthebasisoftheircarryingvalueinthefinalcontrollingpartyonthecombiningdate.Asforthebalancebetweenthecarryingvalueofthenetassetsobtainedandthecarryingvalueoftheconsiderationpaidbyit(oraggregatenominalamountofsharesissued),thecapitalreserveshallbeadjusted.Ifthecapitalreserveisnotsufficienttobeoffset,theretainedearningsshallbeadjusted.
(2)BusinessCombinationsnotundertheSameControlAbusinesscombinationinvolvingentitiesnotundercommoncontrolisabusinesscombinationinwhichallofthecombiningenterprisesarenotultimatelycontrolledbythesamepartyorpartiesbothbeforeandafterthecombination.Aspurchaser,theidentifiableassets,liabilitiesandcontingentliabilitiesoftheacquireeacquiredinthebusinesscombinationunderdifferentcontrolshallbemeasuredatfairvalueontheacquisitiondate.Thebalancethatthecombinedcostgreaterthanthefairvalueshareoftheidentifiablenetassetsofthepurchasedpartyobtainedinthecombinationshallberecognizedasgoodwill;Whenthemergercostislessthanthefairvalueshareoftheidentifiablenetassetsoftheacquireeacquiredinthemerger,thefairvalueofallidentifiableassets,liabilitiesandcontingentliabilitiesacquiredinthemerger,andmergercostsshallbereviewedfirst.Afterreview,ifthemergercostisstilllessthanthefairvalueshareoftheidentifiablenetassetsoftheacquireeacquiredinthemerger,thedifferenceshallbeincludedinthenon-operatingincomeofthemergerperiod.
7.CriteriaforJudgingControlandMethodsforPreparingConsolidatedFinancialStatementsThescopeofconsolidationfortheconsolidatedfinancialstatementsoftheGroupisbasedoncontrol,includingtheCompanyandallitssubsidiaries(includingenterprises,divisiblepartsofinvestees,andstructuredentitiescontrolledbytheCompany).TheGroupassessescontrolbasedonwhetherithaspowerovertheinvestee,hasexposureorrightstovariablereturnsfromitsinvolvementwiththeinvestee,andhastheabilitytouseitspowerovertheinvesteetoaffecttheamountoftheinvestor'sreturns.ThefinancialstatementsofsubsidiariesareadjustedinaccordancewiththeaccountingpoliciesandaccountingperiodoftheGroupduringthepreparationoftheconsolidatedfinancialstatements,wheretheaccountingpoliciesandtheaccountingperiodsareinconsistentbetweentheGroupandsubsidiaries.TheimpactofinternaltransactionsbetweentheCompanyanditssubsidiaries,aswellasbetweensubsidiariesandeachother,wasoffsetinconsolidation.Thesharesofthesubsidiary'sowner'sequitythatdonotbelongtotheparentGroupandthesharesofminorityshareholders'equityin
currentnetprofitandloss,othercomprehensiveincomeandtotalcomprehensiveincomeshallberespectivelylistedintheconsolidatedfinancialstatement"Minorityshareholders'equity,minorityshareholders'profitandloss,othercomprehensiveincomethatbelongstominorityshareholdersandtotalcomprehensiveincomethatbelongstominorityshareholders".Forsubsidiariesacquiredthroughmergerofenterprisesunderthesamecontrol,theiroperatingresultsandcashflowsareincludedintheconsolidatedfinancialstatementsfromthebeginningofthecurrentmergerperiod.Whenpreparingthecomparativeconsolidatedfinancialstatements,therelevantitemsinthefinancialstatementsofthepreviousyearshallbeadjustedasiftheconsolidatedreportingentityhadexistedsincethefinalcontrollingpartybegantocontrolit.ThetreatmentmethodofsupplementarydisclosureinconsolidatedfinancialstatementfortheReportingPeriodwhenthecontrollingrightisacquired,iftheequityoftheinvestedorganizationunderthesamecontrolissuccessivelyobtainedthroughseveraltransactionsandeventuallytheenterprisemergerisconducted.Forexample:Attheoccasionoftheequityoftheinvesteeunderthesamecontrolisacquiredstepbystepthroughmultipletransactions,andfinallyformthebusinesscombination,whenpreparingtheconsolidatedstatement,itshallbedeemedastheadjustmentismadeinthecurrentstatewhenthefinalcontrollingpartystartstocontrol.Andwhencompilingthecomparativereport,theassetsandliabilitiesofthemergedpartyshallbemergedintothecomparativestatementoftheconsolidatedfinancialstatementsoftheconsolidatedGroupwithoutanyearlierthanthetimewhentheGroupandthemergedpartyareunderthecontroloftheultimatecontrollingparty,andthecombinednetincreasedassetsshallbeadjustedtotherelevantitemsunderowners'equityinthecomparativestatements.Inordertoavoidthere-calculationofthenetassetsvalueofthemergedparty,thelong-termequityinvestmentheldbytheGroupbeforethemerger,theconfirmedrelevantprofitandlossonthesamepartywiththeGroupandthemergedpartyonthedateofacquisitionoftheoriginalequityfromthefinalcontroldatetothemergerdate,andchangesofothercomprehensiveincomeandothernetassetsshalloffsetthebeginningretainedearningsandcurrentprofitsandlossesofthecomparativestatementperiodrespectively.Forsubsidiariesacquiredthroughbusinesscombinationunderthedifferentcontrol,theoperatingresultsandcashflowshallbeincludedintheconsolidatedfinancialstatementsfromthedatewhentheGroupobtainsthecontrolright.Whenpreparingtheconsolidatedfinancialstatements,thefinancialstatementsofthesubsidiariesshallbeadjustedonthebasisofthefairvalueoftheidentifiableassets,liabilitiesandcontingentliabilitiesdeterminedontheacquisitiondate.ThetreatmentmethodofsupplementarydisclosureinconsolidatedfinancialstatementfortheReportingPeriodwhenthecontrollingrightisacquired,iftheequityoftheinvestedorganizationnotunderthesamecontrolissuccessivelyobtainedthroughseveraltransactionsandeventuallythe
enterprisemergerisconducted.Forexample:Attheoccasionoftheequityoftheinvesteeunderdifferentcontrolisacquiredstepbystepthroughmultipletransactionsandeventuallyformthebusinesscombination,whenpreparingtheconsolidatedstatement,theequityoftheinvesteeheldbeforethepurchasedateisre-measuredaccordingtothefairvalueoftheequityonthepurchasedate,andthedifferencebetweenthefairvalueanditsbookvalueisincludedinthecurrentinvestmentincome.Theequityoftheacquireeheldbeforetherelevantpurchasedateinvolvesothercomprehensiveincomeundertheequitymethodandotherchangesinowner'sequityotherthannetprofitandloss,othercomprehensiveincomeandprofitdistribution,whichareconvertedintoinvestmentprofitandlossinthecurrentperiodofthepurchasedate,exceptforothercomprehensiveincomearisingfromtheremeasurementofdefinedbenefitplans'snetliabilitiesorchangesinnetassetsbytheinvestee.TheGrouppartiallydisposesoflong-termequityinvestmentsinsubsidiarieswithoutlosingcontrol,whenpreparingtheconsolidatedfinancialstatements,thedifferencebetweenthedisposalpriceandtheshareofnetassetsthatthesubsidiarieshavecontinuouslycalculatedsincethedateofpurchaseorthedateofconsolidationiscorrespondingtothedisposaloflong-termequityinvestments.Thecapitalpremiumorequitypremiumisadjusted.Ifthecapitalreserveisinsufficienttooffset,theretainedearningsareadjusted.IftheGrouplosescontrolovertheinvesteeduetothedisposalofsomeequityinvestmentsandotherreasons,theremainingequityshallbere-measuredatitsfairvalueonthedateoflossofcontrolwhenpreparingtheconsolidatedfinancialstatements.Thedifferencebetweenthesumoftheconsiderationobtainedfromthedisposalofequityandthefairvalueoftheremainingequity,minustheshareofthenetassetsoftheoriginalsubsidiarycalculatedonthebasisoftheoriginalshareholdingratioandcontinuouslycalculatedfromthedateofpurchaseormerger,isincludedintheinvestmentprofitandlossofthecurrentperiodwhenthecontrolrightislost,andgoodwillisoffset.Othercomprehensiveincomerelatedtotheoriginalsubsidiary'sequityinvestment,etc.,willbetransferredtothecurrentinvestmentprofitandlosswhenthecontrolrightislost.IftheGroupdisposesoftheequityinvestmentinasubsidiaryGroupstepbystepthroughmultipletransactionsuntilthelossofcontrolright,ifthetransactionsofthedisposaloftheequityinvestmentinasubsidiaryGroupuntilthelossofcontrolrightbelongtoapackagetransaction,thetransactionsshallbetreatedastransactionsofthedisposalofthesubsidiaryGroupandthelossofcontrolrightforaccounting.However,thedifferencebetweenthedisposalpriceandtheshareofthesubsidiary'snetassetscorrespondingtothedisposalinvestmentbeforethelossofcontrolrightisrecognizedasothercomprehensiveincomeintheconsolidatedfinancialstatements,andistransferredtotheinvestmentprofitandlossofthecurrentperiodwhenthecontrolrightislost.
8.ClassificationofJointarrangementsandAccountingTreatmentofJointOperations
TheGroupclassifiesjointarrangementsintojointoperationsandjointventures.Forajointoperation,theGroup,asajointoperator,recognizestheassetsandliabilitiesthatitholdsandbearsinthejointoperation,andrecognizesthejointly-heldassetsandjointly-borneliabilitiesaccordingtotheGroup’sstakeinthejointoperation;recognizesrelevantincomeandexpenseaccordingtotheGroup’sstakeinthejointoperation.WhentheGrouppurchasesorsellstheassetsnotconstitutingbusinesswiththejointoperation,theGrouponlyrecognizedtheshareoftheotherjointoperatorsinthegainsandlossesarisingfromthetransaction.
9.CashandCashEquivalentsIntheGroup’sunderstanding,thecashinthecashflowstatementincludescashonhandanddepositsthatcanbeusedforcover,thecashequivalentsinthecashflowstatementincludehighcirculatinginvestmentsheldwithinthreemonthswhichareeasilyconvertibleintoknownamountofcashandwhoserisksinchangeofvalueareminimal.
10.ForeignCurrencyBusinessesandTranslationofForeignCurrencyFinancialStatements
(1)ForeigncurrencytransactionForeigncurrencytransactionsoftheGroupareinitiallyrecognizedattheexchangerateatthebeginningofthemonthofthetransactiondate(usuallyreferringtothemiddlerateoftheforeignexchangerateannouncedbythePeople'sBankofChinaontheday,thesamebelow),convertingtheforeigncurrencyamountintothefunctionalcurrencyamount.Onthebalancesheetdate,themonetaryitemsinforeigncurrencywereconvertedintoRMBatthespotexchangerateonbalancesheetdate.Excepttheexchangedifferencearisingfromspecialforeign-currencyborrowingforthepurposeofconstructionorproductionofassetsmeetingcapitalizationconditionstreatedintheprincipleofcapitalization,theconversiondifferencewasdirectlyincludedinthecurrentprofitsandlosses.
(2)TranslationofforeigncurrencyfinancialstatementTheassetandliabilityitemsinforeigncurrencybalancesheetwereconvertedatthespotexchangerateonbalancesheetdate;exceptfor“undistributedprofit”,owner’sequityitemswereconvertedatthesportexchangerateatthetimeofbusinessoccurrence;incomeandexpenditureitemsinincomestatementwereconvertedattheaverageexchangeratefortheperiod(monthlyaverageexchangerate)ofthetransactionoccurrencedate.Theconversiondifferenceofforeigncurrencystatementsarisingfromtheaforementionedconversionwaspresentedinothercomprehensiveincomeitem.Theforeigncurrencycashflowwasconvertedattheaverageexchangeratefortheperiod(monthlyaverageexchangerate)ofthecashflowoccurrencedate.Theamountofexchangeratechangeinfluenceoncashwasindependentlypresentedincashflowstatement.
11.FinancialInstruments
(1)RecognitionandderecognitionoffinancialinstrumentsTheGrouprecognizesafinancialassetorliabilitywhenitbecomesapartyoftherelevantfinancialinstrumentcontract.TheCompany'sfinancialassets(oraportionofafinancialasset,orapartofagroupofsimilarfinancialassets)shallbederecognizedwhenmeetinganyofthefollowingconditions,meaningtheyareremovedfromtheaccountsandthebalancesheet:1)Therighttoreceivecashflowsfromthefinancialassetexpires;2)Thefinancialassetistransferred,andtheGrouphastransferredsubstantiallyallrisksandrewardsofownershipofthefinancialasset;3)Thefinancialassetistransferred,andtheGrouphasneithertransferrednorretainedsubstantiallyallrisksandrewardsofownership,andhasnotretainedcontroloverthefinancialasset.Incaseofcurrentobligationoffinancialliabilities(orpartialfinancialliabilities)beingterminated,derecognitionofsuchfinancialliabilities(orpartialfinancialliabilities)isconductedbytheGroup.IftheGroup(borrower)concludesanagreementwiththelendertoreplaceexistingfinancialliabilitieswithnewonesandcontacttermsofnewfinancialliabilitiesaredifferentfromthoseofexistingfinancialliabilities,derecognitionofexistingfinancialliabilitiesandrecognitionofnewfinancialliabilitiesshallbeconducted.Incaseofmaterialalterationofcontracttermsofexistingfinancialliabilities(partialfinancialliabilities)bytheGroup,derecognitionofexistingfinancialliabilitiesandrecognitionofnewfinancialliabilitiesaspermodifiedtermsshallbeconducted.Incaseofderecognitionoffinancialliabilities(partialfinancialliabilities),theGroupincludesthebalancebetweenitscarryingvalueandpaymentconsiderationintothecurrentprofitorloss.Allregularacquisitionsorsalesoffinancialassetsarerecognizedandderecognizedonatransactiondatebasis.
(2)ClassificationandmeasurementoffinancialassetsTheGroupclassifiesthefinancialassetsintofinancialassetsmeasuredatamortizedcost,financialassetsmeasuredbythefairvalueandthechangesrecordedinothercomprehensiveincomeandfinancialassetsatfairvaluethroughprofitorlossbasedonthebusinessmodelforfinancialassetsmanagementandcharacteristicsofcontractualcashflowoffinancialassets.TheGroupclassifiedthefinancialassetsmeetingthefollowingconditionsatthesametimeasfinancialassetsatamortizedcost:①ThebusinessmodeoftheGrouptomanagethefinancialassetstargetsatcollectingthecontractualcashflow.②Thecontractofthefinancialassetsstipulatesthatthecashflowgeneratedinthespecificdateisthepaymentoftheinterestbasedontheprincipalandoutstandingprincipalamount.Thesefinancialassetsinitiallymeasuredatfairvalueandrelevanttransactioncostshallbeincludedintotheinitialrecognizedamountandsubsequentlymeasuredatamortizedcost.Exceptforthosedesignatedtobehedgeitems,the
differencebetweentheinitialrecognizedamountandtheamountdueshallbeamortizedatactualinterestrateandtheiramortization,impairmentandexchangegainandlossaswellasgainsorlossesarisingfromderecognitionshallberecordedintothecurrentprofitorloss.TheGroupclassifiedthefinancialassetsmeetingthefollowingconditionsatthesametimeasfinancialassetsatfairvaluethroughothercomprehensiveincome:①TheBusinessmodeformanagingfinancialassetsoftheGrouptakescontractcashflowcollectedastargetandsellingastarget.②Thecontractofthefinancialassetsstipulatesthatthecashflowgeneratedinthespecificdateisthepaymentoftheinterestbasedontheprincipalandoutstandingprincipalamount.Thesefinancialassetsinitiallymeasuredatfairvalueandrelevanttransactioncostshallbeincludedintotheinitialrecognizedamount.Exceptforthosedesignatedashedgeditems,asforthesefinancialassets,exceptforgainsorlossesoncreditimpairment,exchangegainandlossandinterestoffinancialassetsmeasuredatactualinterestrate,othergainsorlossesgeneratedshallberecordedintoothercomprehensiveincome.Whenderecognized,theaccumulatedgainsandlossesoriginallyrecordedintoothercomprehensiveincomeshallbetransferredoutintothecurrentprofitorloss.TheGrouprecognizesinterestincomeaccordingtotheeffectiveinterestratemethod.Interestincomeiscalculatedanddeterminedaccordingtothebookbalanceofthefinancialassetmultipliedbytheactualinterestrate,exceptforthefollowingcircumstances:①Forthefinancialassetwithcreditimpairmentthathasbeenpurchasedororiginated,fromtheinitialrecognition,theinterestincomeiscalculatedanddeterminedaccordingtotheamortizedcostofthefinancialassetandtheactualinterestrateadjustedbycredit.②Forfinancialassetspurchasedororiginatedthathavenotsufferedcreditimpairmentbuthavesufferedcreditimpairmentinsubsequentperiods,theinterestincomeshallbecalculatedanddeterminedaccordingtotheamortizedcostandactualinterestrateofthefinancialassetsinsubsequentperiods.TheGroupdesignatesnon-transactionalinvestmentinequityinstrumentsasfinancialassetsatfairvaluethroughothercomprehensiveincome.Thosedesignatednon-transactionalinvestmentinequityinstrumentsbytheGroupisinitiallymeasuredatfairvalueandrelevanttransactioncostshallberecordedintotheinitialrecognizedamount.Exceptfordividends(excludingthosebelongingtorecoveryofinvestmentcost)whichshallberecordedintothecurrentprofitorloss,otherrelevantgainsandlosses(includingexchangegainsandlosses)shallberecordedintoothercomprehensiveincomeandcannotbetransferredintothecurrentprofitorlosssubsequently.Whenderecognized,theaccumulatedgainsorlossesoriginallyrecordedintoothercomprehensiveincomeshallbetransferredoutintoretainedearnings.Equityinstrumentinvestmentsmeasuredatfairvaluethroughothercomprehensiveincomeincluded:EquityinvestmentstobeheldinthelongtermasplannedbytheGroupforstrategicpurpose,withnocontrol,jointcontrolorsignificanceinfluence,andwithnoactivemarketquotation.
TheGroupclassifiesfinancialassetsnotbelongingtoabovetwoasfinancialassetsatfairvaluethroughprofitorlosswhichshallbeinitiallymeasuredatfairvalueandrelevanttransactioncostshallbedirectlyrecordedintothecurrentprofitorloss.Gainsorlossesarisingfromthesefinancialassetsshallberecordedintothecurrentprofitorloss.ThecontingentconsiderationrecognizedbytheGroupinthebusinesscombinationnotunderthesamecontrolwhichconstitutesafinancialassetshallbeclassifiedasthefinancialassetatfairvaluethroughprofitorloss.
(3)Classification,recognitionandmeasurementoffinancialliabilitiesTheGroup’sfinancialliabilitiesare,oninitialrecognition,classifiedintofinancialliabilitiesatfairvaluethroughprofitorlossandotherfinancialliabilities.Financialliabilitiesatfairvaluethroughprofitorlossincludeheld-for-tradingfinancialliabilitiesandfinancialliabilitiesdesignatedattheinitialrecognitiontobemeasuredbythefairvalueandtheirchangesarerecordedinthecurrentprofitorloss.Thesubsequentmeasurementshallbeatfairvalueandgainsorlossesarisingfromchangesinfairvalueandthedividendsandinterestexpenserelatedtothefinancialliabilityshallbethecurrentprofitorloss.Otherfinancialliabilitiesshallbesubsequentlymeasuredatamortizedcostwithactualinterestrate.TheGroupclassifiesfinancialliabilitiesexceptforthefollowingitemsasfinancialliabilitiesatamortizedcost:①Financialliabilitiesatfairvaluethroughprofitorlossincludingheld-for-tradingfinancialliabilities(includingthederivativeinstrumentsbelongingtofinancialliabilities)anddesignatedfinancialliabilitiesatfairvaluethroughprofitorloss.②Financialliabilitiesarisingfromthetransferoffinancialassetsnotmeetingthederecognitionconditionsorcontinuousinvolvementinthetransferredfinancialassets.③Financialguaranteecontractnotbelongingtocasesofabove①or②andloancommitmentsatinterestratelowerthanthemarketratenotbelongingtothecasein①.TheGrouptreatsthefinancialliabilityarisingfromcontingentconsiderationrecognizedasthepurchasepartyinthebusinesscombinationnotunderthesamecontrolatfairvalueandchangesthereofshallberecordedintothecurrentprofitorloss.
(4)ImpairmentofFinancialInstrumentTheGroupneedstoconfirmthatthefinancialassetssubjecttotheimpairmentlossarethefinancialassetsmeasuredbasedontheamortizedcost,thedebtinstrumentinvestmentmeasuredbasedonthefairvaluewithitsvariationsincludedintoothercomprehensiveincomesandtheleaseoutlayreceivable,mainlyincludingnotesreceivable,accountreceivable,otherreceivables,investmentoncreditor’srights,otherinvestmentsoncreditor’srightsandlong-termreceivablesetc.Besides,inrespectofthecontractassetsandpartialfinancialguaranteecontract,
correspondingimpairmentprovisionsshallbecalculatedandwithdrawnandcorrespondingcreditimpairmentlossesrecognizedaccordingtovariousaccountingpoliciesmentionedinthispart.
1)MethodsfortheRecognitionofImpairmentProvisionsForallmentioneditemsabove,theGroupshallcalculateandwithdrawcorrespondingimpairmentprovisionsandrecognizecorrespondingcreditimpairmentlossesaccordingtoapplicableexpectedcreditlossmeasurementmethods(generalmethodsorsimplifiedmethods)withtheexpectedcreditlossasthebasis.Creditlossreferstothedifferencebetweenallreceivablecontractcashflowsandallexpectedcashflowsthatarediscountedtothepresentvaluebasedontheoriginalactualinterestrate--thepresentvalueofallcashshortfall.However,forthepurchasedororiginalfinancialassetssubjecttothecreditimpairment,theGroupshallrealizethediscountingbasedontheactualinterestratesubjecttothecreditadjustment.Generalmethodsappliedtomeasuretheexpectedcreditlosscanbedescribedas:theGroupshallevaluatewhetherthecreditriskofthefinancialassets(includingthecontractassetsandotherapplicableitems;thesamebelow)increasesremarkablyaftertheinitialrecognitiononthebalancesheetday;ifthecreditriskincreasesremarkablyaftertheinitialrecognition,theGroupshallmeasuretheprovisionforlossbasedonthespecificexpectedcreditlossamountduringtheentireperiodofexistence;ifnot,theGroupshallmeasuretheprovisionforlossbasedonthespecificexpectedcreditlossamountinthefollowing12months.Whileevaluatingtheexpectedcreditloss,theGroupshalltakeallreasonableandwell-foundedinformationintoconsideration,includingtheforward-lookinginformation.Forthefinancialinstrumentoflowercreditriskonthebalancesheetday,theGroupshallassumethatitscreditriskdoesnotincreaseremarkablyaftertheinitialrecognition,andcorrespondingprovisionforlossshallbemeasuredaccordingtotheexpectedcreditlossinthefollowing12months.
2)StandardsforJudgingWhethertheCreditRiskIncreasesRemarkablyaftertheInitialRecognitionIfanyfinancialassets’probabilityofdefaultwithintheexpectedperiodofexistencedeterminedonthebalancesheetdayisobviouslyhigherthanthatwithintheexpectedperiodofexistencedeterminedduringtheinitialrecognition,itshallindicatetheremarkableincreaseofthefinancialassets’creditrisk.Unlessitisunderspecialcircumstances,theGroupshalladoptvariousvariationsinthedefaultriskinthefollowing12monthsasthereasonablebasisforestimatingcorrespondingvariationsinthedefaultriskwithintheentireperiodofexistenceanddeterminingwhetherthecreditriskincreasesremarkablyaftertheinitialrecognition.
3)CombinedMethodforEvaluatingtheExpectedCreditRiskbasedonCorrespondingCombinationForthefinancialassetswithremarkablydifferentcreditrisk,theGroupshallseparatelyevaluateitscreditrisk,includingthereceivablesfromrelatedparties,receivablesinvolvedinanydisputewiththeotherpartyoranylawsuitandarbitration,andreceivableswithobviousevidenceshowingthatthedebtorcannotfulfilltheduepaymentobligationetc.Exceptforthefinancialassetswhosecreditriskshallbeseparatelyevaluated,theGroupshalldividethesefinancialassetsintodifferentcombinationsbasedonthespecificriskfeatures,onwhichbasis,correspondingcreditriskscanbeevaluated.
4)AccountingTreatmentMethodsAppliedtotheImpairmentofFinancialAssetsAttheendoftheperiod,theGroupshallcalculatetheexpectedcreditlossesofvariousfinancialassets.Iftheexpectedcreditlossishigherthanthecarryingamountofitscurrentimpairmentprovision,thedifferenceshallberecognizedastheimpairmentloss;iflower,thedifferenceshallberecognizedasthegainfromtheimpairment.
(5)RecognitionandmeasurementoffinancialassetstransferTheGroupderecognizesafinancialassetwhenoneofthefollowingconditionsismet:①therightstoreceivecashflowsfromtheassethaveexpired;②theenterprisehastransferreditsrightstoreceivecashflowsfromtheassettoathirdpartyunderapass-througharrangement;or③theenterprisehastransferreditsrightstoreceivecashflowsfromtheassetandeither(a)hastransferredsubstantiallyalltherisksandrewardsoftheasset,or(b)hasneithertransferrednorretainedsubstantiallyalltherisksandrewardsoftheasset,buthastransferredcontroloftheasset.Iftheoveralltransferoffinancialassetsfulfillstherequirementsforderecognition,thedifferencebetweenthebookvalueofthetransferredfinancialassetsandthesumoftheconsiderationreceivedduetothetransferandthecorrespondingderecognitionpartoftheaccumulatedamountoffairvaluechangesoriginallydirectlyincludedinothercomprehensiveincome(thecontracttermsinvolvingthetransferredfinancialassetsstipulatethatthecashflowgeneratedonaspecificdateisonlythepaymentoftheprincipalandinterestbasedontheunpaidprincipalamount)shallbeincludedinthecurrentprofitsandlosses.Ifthepartialtransferoffinancialassetssatisfiestheconditionsforterminationconfirmation,theentirebookvalueofthetransferredfinancialassetswillbeapportionedbetweentheterminationconfirmationportionandthenon-terminationconfirmationportionaccordingtotheirrelativefairvalues,andtheconsiderationreceivedforthetransferAndtheamountcorrespondingtotheterminationoftherecognitionofthecumulativeamountofchangesinfairvalueoriginallyincludedinothercomprehensiveincomethatshouldbeapportionedtothederecognitionpartAnd
thepaymentofinterestbasedontheoutstandingprincipalamount),andthedifferencebetweenthetotalbookvalueoftheaforesaidfinancialassetsallocatedisincludedinthecurrentprofitandloss.
(6)ThedistinctionbetweenfinancialliabilitiesandequityinstrumentsandrelatedtreatmentmethodsTheGroupdistinguishesthefinancialliabilitiesandequityinstrumentsaccordingtothefollowingprinciples:(1)IftheGroupcannotunconditionallyavoidperformingacontractualobligationbydeliveringcashorotherfinancialassets,thecontractualobligationmeetsthedefinitionoffinancialliabilities.Althoughsomefinancialinstrumentsdonotexplicitlyincludethetermsandconditionsoftheobligationtodelivercashorotherfinancialassets,theymayindirectlyformcontractualobligationsthroughothertermsandconditions.(2)IfafinancialinstrumentmustbesettledwithorcanbesettledwiththeGroup'sownequityinstrument,itisnecessarytoconsiderwhethertheGroup'sownequityinstrumentusedtosettletheinstrumentisusedasasubstituteforcashorotherfinancialassets,ortoenabletheholderoftheinstrumenttoenjoytheresidualequityintheassetsoftheissuerafterdeductingallliabilities.Ifitbelongstotheformercondition,theinstrumentisthefinancialliabilityoftheissuer;ifitbelongstothelattercondition,theinstrumentistheequityinstrumentoftheissuer.Insomecases,afinancialinstrumentcontractrequirestheGrouptouseoruseitsownequityinstrumenttosettlethefinancialinstrument,inwhichtheamountofcontractualrightsorcontractualobligationsisequaltothenumberofitsownequityinstrumentsavailableortobedeliveredmultipliedbyitsfairvalueatthetimeofsettlement,regardlessofwhethertheamountofcontractualrightsorobligationsisfixed,whetheritisentirelyorpartiallybasedonchangesinvariablesotherthanthemarketpriceoftheGroup'sownequityinstruments,thecontractshallbeclassifiedasafinancialliability.Inclassifyingfinancialinstruments(ortheircomponents)intheconsolidatedstatement,theGrouphastakenintoaccountalltermsandconditionsreachedbetweentheGroupmembersandtheholdersoffinancialinstruments.IftheGroupasawholeundertakestheobligationtodelivercash,otherfinancialassetsorsettleaccountsinotherwaysthatcausetheinstrumenttobecomeafinancialliabilityduetotheinstrument,theinstrumentshallbeclassifiedasafinancialliability.Iffinancialinstrumentsortheircomponentsarefinancialliabilities,theGroupwillincludeinterest,dividends(ordividends),gainsorlosses,andgainsorlossesarisingfromredemptionorrefinancing,etc.inthecurrentprofitsandlosses.Iffinancialinstrumentsortheircomponentsareequityinstruments,whentheyareissued(includingrefinancing),repurchased,soldorcancelled,theGroupwilltreatthemaschangesinequityandwillnotrecognizechangesinthefairvalueofequityinstruments.
(7)Offsettingfinancialassetsandfinancialliabilities
TheGroup’sfinancialassetsandliabilitiesshallbeseparatelypresentedinthebalancesheetandnotsetoffeachother.Butwhenmeetingthefollowingconditionsatthesametime,thenetamountafteroffsetshallbepresentedinthebalancesheet:(1)TheGrouphasthestatutoryrighttosetoffrecognizedamountwhichiscurrentlyexecutable;(2)TheGroupplanstosettlewiththenetamountorrealizethefinancialassetandpayoffthefinancialliabilitysimultaneously.
12.NotesReceivableFornotesreceivable,theGroupshallmeasuretheprovisionforlossbasedonthespecificexpectedcreditlossduringtheentireperiodofexistence.Accordingtothecreditriskcharacteristicsthereof,exceptthosewithseparateevaluationofcreditrisk,notesreceivablecanbedividedintodifferentcombinations:
Item
| Item | Basis |
| BankAcceptance | TheAcceptershallbethebankwithhighcreditlevelandlowrisks |
| TradeAcceptance | Classifiedbycreditriskofacceptors(thesameasaccountsreceivable) |
13.AccountsReceivableForaccountreceivableandcontractassetsexcludingsignificantfinancingcomposition,theGroupshallmeasuretheprovisionforlossaccordingtothespecificexpectedcreditlossamountwithintheentireperiodofexistence.Foraccountreceivable,contractassetsandleasepaymentreceivableincludingsignificantfinancingcomposition,theGroupshallalwaysmeasuretheprovisionforlossaccordingtothespecificexpectedcreditlossamountwithintheperiodofexistence.Excepttheaccountreceivableandcontractassetswhosecreditrisksshallbeseparatelyevaluated,theGroupshalldividethemintodifferentcombinationsbasedonthespecificcreditrisks:
| Item | Basis |
| AgingCombination | Thisportfolioisaccountsreceivablewithagingasthecreditriskfeature. |
| Relatedpartycombination | Theaccountsreceivablefromtheotherentitieswithintheconsolidationscope |
14.AccountsReceivableFinancingTheGroup’saccountsreceivablefinancingisbasedonexpectedcreditlosses,andprovisionis
madefordepreciationreservesinaccordancewiththeexpectedcreditlossmeasurementmethodfornotesreceivable.
15.OtherReceivablesTheGroupmeasuresthelossreservesonotherreceivablesinaccordancewiththefollowingcircumstances:a)Forfinancialassetswhosecreditriskhasnotsignificantlyincreasedsincetheinitialrecognition,theGroupmeasuresthelossreservesattheamountofexpectedcreditlossesforthenext12months;b)Forfinancialassetswhosecreditriskhasincreasedsignificantlysincetheinitialrecognition,theGroupmeasuresthelossreservesatanamountequaltotheexpectedcreditlossesfortheentireperiodofthefinancialinstrument;c)Forfinancialassetspurchasedororiginatedfromcreditimpairment,theGroupmeasuresthelossreservesatanamountequaltotheexpectedcreditlossesovertheentireperiodofthefinancialinstrument.Exceptotherreceivableswhosecreditrisksshallbeseparatelyevaluated,theGroupshalldividethemintodifferentcombinationsbasedonthespecificcreditriskfeatures:
Item
| Item | Basis |
| AgingCombination | Thisportfolioisotherreceivableswithagingasthecreditriskfeature. |
| LowRiskCombination | Thiscombinationshallregardotherreceivablesofextremelylowrisk(includingtherevolvingfund,thecashdepositandtheguaranteedeposit)asthecreditriskfeature. |
| Relatedpartycombination | Otherreceivablesfromtheotherentitieswithintheconsolidationscope |
16.Long-termReceivablesBydeterminingwhetherthecreditriskoflong-termaccountreceivablesincreasesremarkablyaftertheinitialrecognition,theGroupshallmeasuretheimpairmentlossbasedonthespecificexpectedcreditlossinthefollowing12monthsorduringtheentireperiodofexistence.Exceptlong-termaccountreceivableswhosecreditrisksshallbeseparatelyevaluated,theGroupshalldividethemintodifferentcombinationsbasedonthespecificcreditriskfeatures:
| Item | Basis |
| FinancingLeaseCombination | Regardingthelong-termreceivablesrelatedtothefinancingleaseasthecreditriskcharacteristics |
17.InventoriesTheGroup'sinventoriesmainlyincluderawmaterials,productsinprocess,semi-finishedproducts,Productsonhand,andentrustedprocessingmaterials.Theperpetualinventorymethodisusedforinventories.Inventoriesarepricedattheactualcostatthetimeofacquisition;theactualcostofinventoriesisdeterminedbytheweightedaveragemethodwheninventoriesareclaimedorissued.Low-valueconsumablesandpackagingareamortizedthroughtheone-offcharge-offmethod.Thenetrealizablevalueofinventoriesofgoodsthatareuseddirectlyforsale,suchasinventorygoods,productsinprocess,andmaterialsforsale,isdeterminedbytheestimatedsellingpriceoftheinventoryminusestimatedsaleexpenses,andrelatedtaxes;thenetrealizablevalueofinventoriesofmaterialsheldforproductionisdeterminedbytheestimatedsellingpriceofthefinishedgoodsproducedminustheestimatedcostsofcompletion,estimatedsaleexpenses,andrelatedtaxes.Theinventorieswithvariousnumbersandlowunitpriceshallbemadeprovisionsfordepreciationreservesofinventoriesaccordingtothecategoryofinventories.Forinventoriesthatareproducedandsoldinthesameregionwithsameorsimilarenduseorpurposes,andhardtobemeasuredseparatelyfromotheritems,itshallbemademergerprovisionsforfallingpriceofinventories.Thenetrealizablevaluerefers,intheordinarycourseofbusiness,totheaccountafterdeductingtheestimatedcostofcompletion,estimatedsaleexpenseandrelevanttaxesfromtheestimatedsalepriceofinventories.Thenetrealizablevalueofinventoriesshallbefixedonthebasisofvalidevidenceaswellasunderconsiderationofpurposeofinventoriesandtheeffectofeventsafterbalance-sheet-date.Afterwithdrawingthedepreciationreservesforinventories,ifthefactors,whichcauseanywrite-downoftheinventories,havedisappeared,causingthenetrealizablevalueofinventoriesishigherthanitscarryingamount;theamountofwrite-downshallbereversedfromtheoriginalamountofdepreciationreserveforinventories.Thereversedamountshallbeincludedintheprofitsandlossesofthecurrentperiod.
18.ContractAssets
(1)ConfirmationmethodsandstandardsofcontractassetsContractassetsrefertotherightoftheGrouptoreceiveconsiderationaftertransferringgoodstocustomers,andthisrightdependsonfactorsotherthanthepassageoftime.IftheGroupsellstwoclearlydistinguishableproductstocustomers,ithastherighttoreceivepaymentbecauseoneoftheproductshasbeendelivered,butthepaymentisalsodependentonthedeliveryoftheotherproduct,theGrouphastherighttoreceivepaymentasacontractassets.
(2)DeterminationmethodandaccountingtreatmentmethodofexpectedcreditlossofcontractassetsThemethodfordeterminingtheexpectedcreditlossesofcontractassetsinvolvesmeasuringtheimpairmentlossesofcontractassetsbyreferencingthemethodusedfortheimpairmentlossmeasurementofreceivablesaspreviouslydescribed.TheGroupcalculatestheexpectedcreditlossofcontractassetsonthebalancesheetdate.Iftheexpectedcreditlossisgreaterthanthebookvalueofthecurrentcontractassetimpairmentprovision,theGroupwillrecognizethedifferenceasanimpairmentlossanddebitthe"assetimpairmentloss".Credited"Contractassetimpairmentprovision".Onthecontrary,theGrouprecognizesthedifferenceasanimpairmentgainandkeepstheoppositeaccountingrecords.IftheGroupactuallyincurscreditlossesanddeterminesthattherelevantcontractassetscannotberecovered,andthewritten-offisapproved,the"contractassetimpairmentreserve"isdebitedandthe"contractedasset"iscreditedbasedontheapprovedwrite-offamount.Ifthewritten-offamountisgreaterthantheprovisionforlossthathasbeenwithdrawn,the"assetimpairmentloss"isdebitedbasedonthedifference.
19.AssetsRelatingtoContractCosts
(1)ThemethodofdeterminingtheamountofassetsrelatedtocontractcostsTheGroup’sassetsrelatedtocontractcostsincludecontractperformancecostsandcontractacquisitioncosts.Thecontractperformancecost,thatis,thecostincurredbytheGroupfortheperformanceofthecontract,doesnotfallwithinthescopeofotheraccountingstandardsandmeetsthefollowingconditionsatthesametime,asthecontractperformancecostisrecognizedasanasset:thecostandacurrentorexpectedcontractDirectlyrelated,includingdirectlabor,directmaterials,manufacturingexpenses,clearlythecostbornebythecustomer,andothercostsincurredonlyduetothecontract;thiscostincreasestheGroup'sfutureresourcesforfulfillingitsperformanceobligations;Thiscostisexpectedtoberecovered.Thecontractacquisitioncost,thatis,theincrementalcostincurredbytheGrouptoobtainthecontractisexpectedtoberecovered,andisrecognizedasanassetasthecontractacquisitioncost;iftheassetamortizationperioddoesnotexceedoneyear,itisincludedinthecurrentprofitandlosswhenitoccurs.Incrementalcostreferstothecost(suchassalescommission,etc.)thattheGroupwillnotincurwithoutobtainingthecontract.TheGroup'sexpensesincurredinobtainingthecontract,otherthantheexpectedincrementalcostthatcanberecovered(suchastravelexpensesincurredregardlessofwhetherthecontractisobtained,etc.),areincludedinthecurrentprofitandlosswhentheyareincurred,butitisclearlybornebythecustomerexcept.
(2)AmortizationofassetsrelatedtocontractcostsTheGroup’sassetsrelatedtocontractcostsareamortizedonthesamebasisasthecommodityrevenuerecognitionrelatedtotheassetandincludedinthecurrentprofitandloss.
(3)ImpairmentofassetsrelatedtocontractcostsWhentheGroupdeterminestheimpairmentlossofassetsrelatedtocontractcosts,itfirstdeterminestheimpairmentlossofotherassetsrelatedtothecontractthatareconfirmedinaccordancewithotherrelevantbusinessaccountingstandards;then,basedontheirbookvaluehigherthantheGroup’stransferandIfthedifferencebetweentheremainingconsiderationthattheasset-relatedcommodityisexpectedtoobtainandtheestimatedcostincurredforthetransferoftherelevantcommodity,theexcessshallbeprovidedforimpairmentandrecognizedasanassetimpairmentloss.Ifthedepreciationfactorsofthepreviousperiodhavechanged,andtheaforementioneddifferenceishigherthanthebookvalueoftheasset,theoriginalprovisionforassetimpairmentshallbereversedandincludedinthecurrentprofitandloss,butthebookvalueoftheassetafterthereversalshallnotexceedAssumingnoprovisionforimpairmentismade,thebookvalueoftheassetonthedateofreversal.
20.Long-termEquityInvestmentsTheGroup'slong-termequityinvestmentsmainlyconsistofinvestmentsinsubsidiaries,associatedenterprises,andjointventures.TheGroup’sjudgmentonjointcontrolisbasedonthefactthatallparticipantsoracombinationofparticipantscollectivelycontrolthearrangementandthatthepoliciesoftheactivitiesrelatedtothearrangementshallbeunanimouslyagreedbythoseparticipantswho.TheGroupisgenerallyconsideredtohaveasignificantinfluenceontheinvesteewhenitowns,directlyorindirectlythroughasubsidiary,above20%butbelow50%ofthevotingrightsoftheinvestee.IftheGroupholdslessthan20%ofthevotingrightsoftheinvestee,italsoneedstojudgewhethertheGrouphasasignificantinfluenceontheinvesteebytakingintoaccountthefactsandcircumstancessuchashavingrepresentativesontheboardofdirectorsorsimilarauthorityoftheinvestee,orparticipatingintheprocessofformulatingfinancialandoperatingpoliciesoftheinvestee,orhavingmajortransactionswiththeinvestee,orsendingmanagementpersonneltotheinvestee,orprovidingkeytechnicalinformationtotheinvestee.Ifcontrolovertheinvesteeisformed,itisasubsidiaryoftheGroup.Forlong-termequityinvestmentacquiredthroughbusinesscombinationunderthesamecontrol,theinitialinvestmentcostofthelong-termequityinvestmentsisrecordedatthemergerdatebasedontheacquisitionofthemergedparty'sshareofthebookvalueofthenetassetsoftheultimatecontrollerinthe
consolidatedfinancialstatement.Ifthebookvalueofthenetassetsofthemergedpartyonthemergerdateisnegative,thecostoflong-termequityinvestmentsisdeterminedaszero.Iftheequityoftheinvesteeunderthesamecontrolisacquiredinstagesthroughmultipletransactionstoeventuallyresultinabusinesscombination,additionaldisclosuresofthetreatmentoflong-termequityinvestmentsintheparentGroup'sfinancialstatementsshallbemadeintheReportingPeriodinwhichcontrolisobtained.Forexample,ifthebusinesscombinationthatisultimatelyformedthroughmultipletransactionstoacquiretheequityoftheinvesteeunderthesamecontrolbelongstoapackagedeal,theGroupshallconductaccountingtreatmenttotreateachtransactionasasingletransactiontoacquirecontrol.Ifthetransactionisnotapackagedeal,theinitialinvestmentcostofthelong-termequityinvestmentisbasedontheshareofthebookvalueofthenetassetsofthemergedpartyintheconsolidatedfinancialstatementsoftheultimatecontrolleratthemergerdate.Thedifferencebetweentheinitialinvestmentcostandthesumofthebookvalueofthelong-termequityinvestmentbeforethemergerplusthebookvalueofthenewconsiderationpaidforfurtheracquisitionofsharesatthemergerdateshalloffsetagainstcapitalreserve;andwherecapitalreserveisinsufficienttobeoffset,theretainedearningsshallbeadjusted.Forlong-termequityinvestmentacquiredthroughbusinesscombinationnotunderthesamecontrol,theinitialinvestmentcostshallbetheconsolidationcost.Iftheequityoftheinvesteenotunderthesamecontrolisacquiredinstagesthroughmultipletransactionstoeventuallyresultinabusinesscombination,additionaldisclosuresofthecosttreatmentoflong-termequityinvestmentsintheparentGroup'sfinancialstatementsshallbemadeintheReportingPeriodinwhichcontrolisobtained.Forexample,ifthebusinesscombinationthatisultimatelyformedthroughmultipletransactionstoacquiretheequityoftheinvesteenotunderthesamecontrolbelongstoapackagedeal,theGroupshallconductaccountingtreatmenttotreateachtransactionasasingletransactiontoacquirecontrol.Ifthetransactionisnotapackagedeal,thesumofthebookvalueoftheequityinvestmentoriginallyheldplusthecostofthenewinvestmentshallbetheinitialinvestmentcostcalculatedinaccordancewiththecostmethod.Iftheequityheldpriortothepurchasedateisaccountedbytheequitymethod,therelevantothercomprehensiveincomeaccountedbytheoriginalequitymethodshallnotbeadjusted.Thesamebasisofaccountingasthatusedforthedirectdisposaloftherelatedassetsorliabilitiesbytheinvesteeisusedforthedisposaloftheinvestment.Iftheequityheldpriortothepurchasedateisafinancialassetdesignatedtobemeasuredatfairvaluewithfluctuationsincludedinothercomprehensiveincome,thecumulativeprofitorlossontheequitypreviouslyrecognizedinothercomprehensiveincomeshallbetransferredfromothercomprehensiveincometotheretainedearnings;iftheequityisafinancialassetmeasuredatfairvalueandthechangesofwhichareincludedinprofitsandlossesofthecurrentperiod,theequitypreviouslyrecognizedasprofitsand
lossesfromthechangesinfairvalueshallnotbetransferredtoinvestmentincome.Iftheequityheldpriortothepurchasedateisaninvestmentforotherequityinstruments,thechangesinfairvalueoftheequityinvestmentaccumulatedinothercomprehensiveincomebeforethepurchasedateshallbetransferredtotheretainedearnings.Exceptforthelong-termequityinvestmentsacquiredthroughbusinesscombinationhereinabove,long-termequityinvestmentsacquiredbypayingcasharerecordedasinvestmentcostbasedontheactualpurchasepricepaid;long-termequityinvestmentsacquiredbyissuingequitysecuritiesarerecordedasinvestmentcostbasedonthefairvalueoftheequitysecuritiesissued;long-termequityinvestmentsinvestedbyinvestorsarerecordedasinvestmentcostbasedonthevalueagreedintheinvestmentcontractoragreement.TheGroupcalculatesitsinvestmentsinsubsidiariesthroughthecostmethodanditsinvestmentsinjointventuresandassociateenterprisesthroughtheequitymethod.Forlong-termequityinvestmentscalculatedbythecostmethodforsubsequentmeasurement,thebookvalueofthecostoflong-termequityinvestmentsshallbeincreasedbythefairvalueofthecostamountpaidfortheadditionalinvestmentandrelevanttransactioncostsincurredwhentheadditionalinvestmentismade.Cashdividendsorprofitsdeclaredbytheinvesteearerecognizedasinvestmentincomeforthecurrentperiodinaccordancewiththedueamount.Inadditiontotheabove-mentionedlong-termequityinvestmentobtainedthroughbusinesscombination,thelong-termequityinvestmentobtainedbypayingcashshallberegardedastheinvestmentcostaccordingtothepurchasepriceactuallypaid;thelong-termequityinvestmentobtainedbyissuingequitysecuritiesshallberegardedastheinvestmentcostaccordingtothefairvalueofissuingequitysecurities;thelong-termequityinvestmentinvestedbyinvestorsshallberegardedastheinvestmentcostaccordingtotheinvestmentcontractoragreementThevalueoftheGroupisregardedasthecostofinvestment.TheGroupadoptsthecostmethodforinvestmentinsubsidiariesandtheequitymethodforinvestmentinjointventuresandassociatedenterprises.Forthelong-termequityinvestmentwhosesubsequentmeasurementadoptsthecostmethod,whentheadditionalinvestmentismade,thebookvalueofthelong-termequityinvestmentcostisincreasedaccordingtothefairvalueofthecostamountpaidbytheadditionalinvestmentandtherelevanttransactionexpenses.Thecashdividendsorprofitsdeclaredtobedistributedbytheinvesteeshallberecognizedasthecurrentinvestmentincomeaccordingtotheamountthatshouldbeenjoyed.Forthelong-termequityinvestmentwithequitymethodforsubsequentmeasurement,thebookvalueofthelong-termequityinvestmentwillincreaseordecreasewiththechangeoftheowner's
equityoftheinvestedentity.Whenconfirmingtheshareofthenetprofitandlossoftheinvestee,thenetprofitandlossoftheinvesteeshallbecalculatedbasedonthefairvalueoftheidentifiableassetsoftheinvesteeatthetimeofobtainingtheinvestment,inaccordancewiththeaccountingpoliciesandaccountingperiodoftheGroup,andoffsettheinternaltransactionprofitandlossbetweenthejointventureandthejointventureaccordingtotheshareholdingratioProfitisrecognizedafteradjustment.Fordisposaloflong-termequityinvestment,thedifferencebetweenthebookvalueandtheactualpriceshallbeincludedinthecurrentinvestmentincome.Forlong-termequityinvestmentaccountedbyequitymethod,othercomprehensiveincomeaccountedbytheoriginalequitymethodshallbeaccountedonthesamebasisastheinvestee'sdirectdisposalofrelevantassetsorliabilitieswhentheequitymethodisterminated,andtheowner'sequityshallberecognizedduetootherchangesinowner'sequityoftheinvesteeexceptnetprofitandloss,othercomprehensiveincomeandprofitdistributionWhentheequitymethodisterminated,allofthemshallbetransferredintothecurrentinvestmentincome.Incaseoflossofjointcontrolorsignificantinfluenceontheinvesteeduetothedisposalofpartofequityinvestment,theremainingequityafterdisposalshallbeaccountedaccordingtotherelevantprovisionsoftherecognitionandmeasurementstandardsoffinancialinstruments,andthedifferencebetweenthefairvalueandthebookvalueoftheremainingequityonthedateoflossofjointcontrolorsignificantinfluenceshallbeincludedinthecurrentprofitsandlosses.Whentheequitymethodisterminated,theothercomprehensiveincomeoftheoriginalequityinvestmentrecognizedasaresultofitsaccountingwiththeequitymethodshallbehandledonthesamebasisastheinvestee'sdirectdisposaloftherelevantassetsorliabilitiesandcarriedforwardinproportion.Theowner'sequityrecognizedasaresultofthechangesintheowner'sequityoftheinvesteeotherthannetprofitandloss,othercomprehensiveincomeandprofitdistributionshallbecarriedforwardinproportionTransfertocurrentinvestmentincome.Ifthecontrolovertheinvesteeislostduetothedisposalofpartofthelong-termequityinvestment,andtheresidualequityafterdisposalcanjointlycontrolorexertsignificantinfluenceontheinvestee,itshallbeaccountedaccordingtotheequitymethod,andthedifferencebetweenthebookvalueofthedisposalequityandthedisposalconsiderationshallbeincludedintheinvestmentincome,andtheresidualequityshallberegardedasadjustedbytheequitymethodwhenitisobtainedIftheresidualequitycannotexercisejointcontrolorexertsignificantinfluenceontheinvestee,theaccountingtreatmentshallbecarriedoutaccordingtotherelevantprovisionsoftherecognitionandmeasurementstandardsoffinancialinstruments.Thedifferencebetweenthebookvalueofthedisposalequityandthedisposalconsiderationshallbeincludedintheinvestmentincome,andthedifferencebetweenthefairvalueandthebookvalueoftheresidualequityonthedayoflosingcontrolshallbeincludedinthecurrentprofitsandlosses.
Ifthetransactionfromstep-by-stepdisposalofequitytolossofcontrolrightdoesnotbelongtopackagetransaction,accountingtreatmentshallbecarriedoutforeachtransactionseparately.Ifitisa"packagedeal",eachtransactionwillbetreatedasatransactionofdisposalofsubsidiariesandlossofcontrol.However,beforethelossofcontrol,thedifferencebetweenthedisposalpriceofeachtransactionandthebookvalueofthelong-termequityinvestmentcorrespondingtothedisposedequitywillberecognizedasothercomprehensiveincome,andwhenthecontrolislost,itwillbetransferredtothecurrentaccountoflossofcontrolPeriodprofitandloss.
21.InvestmentPropertyTheterm“investmentproperty”referstotherealestateheldforgeneratingrentand/orcapitalappreciation.InvestmentpropertyoftheGroupincludetherighttouseanylandwhichhasalreadybeenrented;therighttouseanylandwhichisheldandpreparedfortransferafterappreciation;andtherighttouseanybuildingwhichhasalreadybeenrented.Inaddition,iftheboardofdirectors(orsimilarorganizations)makesawrittenresolutiontousethevacantbuildingsheldbytheGroupforoperatingleaseandtheholdingintentionwillnotchangeinashorttime,theywillalsobelistedasinvestmentrealestate.Theinitialmeasurementoftheinvestmentpropertyshallbemadeatitscost.SubsequentexpendituresincurredforaninvestmentpropertyisincludedinthecostoftheinvestmentpropertywhenitisprobablethateconomicbenefitsassociatedwiththeinvestmentpropertywillflowtotheGroupandthecostcanbereliablymeasured,otherwisetheexpenditureisrecognizedinprofitorlossintheperiodinwhichtheyareincurred.TheGroupshallmakeafollow-upmeasurementtotheinvestmentpropertybyemployingthecostpatternonthedateofthebalancesheet.Anaccrualdepreciationoramortizationshallbemadefortheinvestmentpropertyinthelightoftheaccountingpoliciesoftheuserightofbuildingsorlands.Fordetailsofimpairmenttestmethodandwithdrawalmethodofimpairmentprovisionofinvestmentproperty,pleaserefertoNoteIV.27.“Long-termassetsimpairment”.TheGroup'sinvestmentrealestateadoptstheaveragelifemethodfordepreciationoramortization.Theexpectedservicelife,netresidualvaluerateandannualdepreciation(amortization)rateofallkindsofinvestmentrealestateshallrefertothedepreciationpolicyofbuildingsinfixedassetsandtheamortizationpolicyoflanduserightinintangibleassets.Whenowner-occupiedrealestateorinventoriesarechangedintoinvestmentpropertyorinvestmentpropertyischangedintoowner-occupiedrealestate,ofwhichbookvaluepriortothechangeshallbetheentryvalueafterthechange.Whenaninvestmentpropertyischangedtoanowner-occupiedrealestate,itwouldbetransferredtofixedassetsorintangibleassetsatthedateofsuchchange.Whenanowner-occupiedrealestate
ischangedtobeheldtoearnrentalorforcapitalappreciation,thefixedassetorintangibleassetistransferredtoinvestmentpropertyatthedateofsuchchange.Ifthefixedassetorintangibleassetischangedintoinvestmentpropertymeasuredbyadoptingthecostpattern,whosebookvaluepriortothechangeshallbetheentryvalueafterthechange;ifthefixedassetorintangibleassetischangedintoinvestmentpropertymeasuredbyadoptingthefairvaluepattern,whosefairvalueonthedateofsuchchangeshallbetheentryvalueafterthechange.Aninvestmentpropertyisderecognizedondisposalorwhentheinvestmentpropertyispermanentlywithdrawnfromuseandnofutureeconomicbenefitsareexpectedfromitsdisposal.Theamountofproceedsonsale,transfer,retirementordamageofaninvestmentpropertylessitscarryingamountandrelatedtaxesandexpensesisrecognizedinprofitorlossintheperiodinwhichitisincurred.
22.FixedAssetsTheGroup’sfixedassetsaretangibleassetsheldfortheproductionofgoods,provisionofservices,rentaloroperationmanagementandhaveausefullifeofmorethanoneyear.FixedassetsshouldberecognizedwhenitisprobablethattheeconomicbenefitsassociatedwiththemwillbeincorporatedintotheGroupandtheircostcanbemeasuredreliably.TheGroup’sfixedassetsincludebuildingsandconstructions,machineryandequipment,electronicequipment,transportationequipment,andotherequipment.TheGroupdepreciatesallfixedassetsbystraight-linemethod,exceptforfullydepreciatedfixedassetsthatcontinuetobeusedandlandthatisseparatelyvalued.Thecategorizeddepreciablelives,estimatednetsalvageratesanddepreciationratesoftheGroup’sfixedassetsareasfollows:
No.
| No. | Category | Method | Depreciationperiod(year) | Expectednetsalvagevalue(%) | Annualdeprecation(%) |
| 1 | Housingandbuilding | Straight-linedepreciation | 20-40 | 5-10.00 | 2.25-4.75 |
| 2 | Machineryequipment | Straight-linedepreciation | 5-10 | 5-10.00 | 9.00-19.00 |
| 3 | Electronicequipment | Straight-linedepreciation | 3-5 | 5-10.00 | 18.00-31.67 |
| 4 | Transportation | Straight-line | 3-5 | 5-10.00 | 18.00-31.67 |
No.
| No. | Category | Method | Depreciationperiod(year) | Expectednetsalvagevalue(%) | Annualdeprecation(%) |
| vehicle | depreciation | ||||
| 5 | Otherequipment | Straight-linedepreciation | 5 | 5-10.00 | 18.00-19.00 |
Theestimatedusefullife,estimatednetsalvagevalueanddepreciationmethodoffixedassetsarereviewedattheendofeachyear.Accountingestimationmethodsareusedwhenchangesarerequired.
23.ConstructioninProgressThecostofconstructioninprogressisdeterminedbasedonactualprojectexpenditures,includingallnecessaryprojectexpendituresincurredduringconstruction,borrowingcoststobecapitalizedbeforetheprojectreachesitspredeterminedusablestate,andotherrelatedexpenses,etc.Onthedatewhentheconstructioninprogressreachesitsintendeduseablestate,fixedassetsarecarriedforwardattheestimatedvaluebasedontheprojectbudget,costoractualcostoftheproject,etc.Depreciationstartsfromthefollowingmonth,andthedifferenceintheoriginalvalueoffixedassetsisadjustedafterthecompletionofthefinalaccountingprocedures.Constructioninprogressistransferredtofixedassetsuponreachingthepredeterminedusablestate,withthecriteriaasfollows:
| Item | Criteriaforcarryingforwardfixedassets |
| Housesandbuildings | Themainconstructionprojectandancillaryprojectsaresubstantiallycompleted,meetingthepredetermineddesignrequirements.UponjointacceptancebytheCompany’sEngineeringDepartmentandunitsresponsibleforsurveying,design,construction,supervision,etc.,andgovernmentdepartmentssuchastheFireServicesDepartmentandtheHousingAuthority,andreachingthepredeterminedusablestatefollowingprocessapproval,itistransferredtofixedassets. |
| machineryandequipment | Theequipmentmanagementdepartmentandtheequipmentmanufacturerarejointlyresponsiblefortheinstallationandcommissioningoftheequipment,includinghardwaredebugging, |
Item
| Item | Criteriaforcarryingforwardfixedassets |
| processconditionsdebugging,etc.Uponcompletionofdebuggingandreachingthepredeterminedusablestatefollowingprocessapproval,itistransferredtofixedassets. |
24.BorrowingCostsTheGroupcapitalizesborrowingcostsdirectlyattributabletotheacquisition,construction,orproductionofqualifyingassetsaspartofthecostofthoseassets.Otherborrowingcostsarerecognizedasexpensesinthecurrentperiod.TheassetsdeterminedbytheGroupthatmeettheconditionsforcapitalizationinclude:fixedassets,investmentrealestateandinventorythatneedmorethanoneyearofpurchasing,constructionorproductionactivitiestoreachthepresetusableorsellablestatus,shallbecapitalizedwhentheassetexpenditurehasoccurred,theborrowingcostshaveoccurred,andthepurchasing,constructionorproductionactivitiesnecessaryfortheassettoreachthepresetusableorsellablestatushavebegun;Whentheacquisition,constructionorproductionofassetsthatmeetthecapitalizationconditionsreachtheintendedusableorsellablestatus,capitalizationisstopped,andtheborrowingcostsincurredthereafterareincludedintheprofitsandlossesofthecurrentperiod.Ifthereisanabnormalinterruptionintheacquisition,constructionorproductionofassetsthatmeetthecapitalizationconditionsandtheinterruptionlastsformorethan3consecutivemonths,thecapitalizationofborrowingcostswillbesuspendeduntiltheacquisition,constructionorproductionofassetsstartsagain.Duringthecapitalizationperiod,theGrouprecognizestheamountofborrowingcostscapitalizedineachaccountingperiodusingthefollowingmethod:Inthecaseofborrowingspecial-purposeborrowings,theamountofinterestexpenseactuallyincurredinthecurrentperiod,lessinterestincomeearnedontheunusedborrowedfundsdepositedinthebankorinvestmentincomeearnedontemporaryinvestments,shallbecapitalized;inthecaseofoccupyinggeneralborrowings,theamountshallbedeterminedonthebasisoftheweightedaveragenumberofassetexpendituresfortheportionofaccumulatedassetexpendituresinexcessofthespecial-purposeborrowingsmultipliedbythecapitalizationrateofthegeneralborrowingsoccupied,wherethecapitalizationrateiscalculatedanddeterminedonthebasisoftheweightedaverageinterestrateofthegeneralThecapitalizationrateisbasedontheweightedaverageinterestrateofgeneralborrowings.
25.Right-of-UseAssetsTheright-of-useassetsrefertotherightoftheGroupasthelesseetousetheleasedassetsduringtheleaseterm.
(1)InitialmeasurementAfterthecommencementdateoftheleaseterm,theGroupusesthecostforinitialmeasurementof
right-of-useassets.Thecostincludesthefollowingfouritems:a)Theinitialmeasurementamountofleaseliabilities;b)Ifthereisaleaseincentivefortheleasepaymentpaidonorbeforethecommencementdateoftheleaseterm,therelevantamountoftheleaseincentivealreadyenjoyedshallbededucted;c)Theinitialdirectexpensesincurredaretheincrementalcostsincurredinreachingthelease;d)Thecostsexpectedtobeincurredfordismantlingandremovingtheleasedassets,restoringthesitewheretheleasedassetsarelocatedorrestoringtheleasedassetstothestateagreedintheleaseterms,exceptthoseincurredfortheproductionofinventories.
(2)Follow-upmeasurementAfterthecommencementdateoftheleaseterm,theGroupadoptsthecostmodeltocarryoutfollow-upmeasurementoftheright-of-useassets,thatis,theright-of-useassetsaremeasuredatcostlessaccumulateddepreciationandaccumulatedimpairmentlosses.IftheGroupre-measurestheleaseliabilitiesaccordingtotherelevantprovisionsoftheleasestandards,thebookvalueoftheright-of-useassetsshallbeadjustedaccordingly.
(3)Depreciationofright-of-useassetsFromthecommencementdateoftheleaseterm,theGrouphasaccrueddepreciationontheright-of-useassets.Right-of-useassetsareusuallydepreciatedfromthemonthwhentheleasetermbegins.Theaccrueddepreciationamountisincludedinthecostofrelatedassetsorcurrentprofitsandlossesaccordingtotheuseoftheright-of-useassets.Whendeterminingthedepreciationmethodoftheright-of-useassets,theGroupmakesadecisionbasedontheexpectedconsumptionmodeoftheeconomicbenefitsrelatedtotheright-of-useassets,andaccruesdepreciationfortheright-of-useassetsonthestraight-linemethod.Whendeterminingthedepreciationperiodoftheright-of-useassets,theGroupfollowsthefollowingprinciples:Iftheownershipoftheleasedassetscanbereasonablydeterminedwhentheleasetermexpires,depreciationshallbeaccruedwithintheremainingservicelifeoftheleasedassets;ifitcannotbereasonablydeterminedthattheownershipoftheleasedassetcanbeobtainedwhentheleasetermexpires,depreciationshallbeaccruedwithintheshorteroftheleasetermandtheremainingservicelifeoftheleasedasset.
(4)Impairmentofright-of-useassetsIftheright-of-useassetsareimpaired,theGroupcarriesoutsubsequentdepreciationaccordingtothebookvalueoftheright-of-useassetsafterdeductingtheimpairmentloss.
26.IntangibleAssetsTheGroup’sintangibleassetsincludelanduserights,patentedtechnologyandnon-proprietarytechnology,whicharemeasuredatactualcostatthetimeofacquisition.Acquiredintangibleassetsarestatedatactualcostbasedontheactualpricepaidandrelatedotherexpenses.Theactualcostofintangibleassetsinvestedbyinvestorsisdeterminedatthevalueagreedintheinvestmentcontractoragreement,butiftheagreedvalueinthecontractoragreementisnotfair,theactualcostisdeterminedatfairvalue.Intangibleassets,suchaspatents,acquiredinamergernotundercommoncontrolbutownedbytheacquireebutnotrecognizedinitsfinancialstatements,arerecognizedasintangibleassetsatfairvalueatthetimeofinitialrecognitionoftheacquiree’sassets.
(1)Usefullifeanditsdeterminationbasis,estimation,amortizationmethod,orreviewprocedureTheGroup'sintangibleassetsincludelanduserights,patentedtechnology,non-patentedtechnology,etc.,measuredattheactualcostatthetimeofacquisition.Forpurchasedintangibleassets,theactualcostisdeterminedbytheactualpaymentmadeandrelatedexpenditures.Forintangibleassetscontributedbyinvestors,theactualcostisdeterminedbasedonthevalueagreeduponintheinvestmentcontractoragreement;however,ifthecontractuallyagreedvalueisnotfair,thefairvalueisusedtodeterminetheactualcost.Intangibleassetssuchaspatents,whichareacquiredinabusinesscombinationundercommoncontrolbutnotrecognizedinthefinancialstatementsoftheacquiree,arerecognizedasintangibleassetsattheirfairvalueuponinitialrecognitionoftheassetsoftheacquiree.
(2)ScopeofR&DexpendituresandrelatedaccountingtreatmentThescopeoftheGroup'sR&DexpendituresincludessalariesofR&Dpersonnel,directinputcosts,depreciationandamortization,designfees,equipmenttestingfees,feesforR&Doutsourcedtoexternalparties,andotherexpenses.TheGroupclassifiesitsinternalresearchanddevelopmentprojectexpendituresintoexpenditureontheresearchphaseandexpenditureonthedevelopmentphase,basedonthenatureoftheexpendituresandthedegreeofuncertaintyinwhethertheR&Dactivitieswillresultinanintangibleasset.Expenditureontheresearchphasearerecognizedinprofitorlosswhenincurred.Expenditureonthedevelopmentphasearecapitalizedwhenallofthefollowingconditionsaremet:
a)TheGrouphasassessedthetechnicalfeasibilityofcompletingtheintangibleassetsothatitwillbeavailableforuseorsale.b)TheGroupintendstocompletetheintangibleassetanduseorsellit.c)Itisprobablethattheintangibleassetwillgeneratefutureeconomicbenefits.d)TheGrouphastheadequatetechnical,financial,andotherresourcestocompletethedevelopmentandtouseorselltheintangibleasset.e)Theexpenditureattributabletothedevelopmentphaseoftheintangibleassetcanbemeasuredreliably.Developmentphaseexpendituresnotmeetingthesecapitalizationcriteriaarerecognizedinprofitorlossforthecurrentperiodwhenincurred.
27.ImpairmentofLong-termAssetsFornon-currentnon-financialAssetsoffixedassets,projectsunderconstruction,intangibleassetswithlimitedservicelife,investingrealestatewithcostmodel,long-termequityinvestmentofsubsidiaries,cooperativeenterprisesandjointventures,theGroupshouldjudgewhetherdecreaseinvalueexistsonthedateofbalancesheet.Recoverableamountsshouldbetestedfordecreaseinvalueifitexists.Goodwill,intangibleassetswithuncertainservicelifeandothernon-accessibleintangibleassetsshouldbetestedforimpairmentattheendofeachyear,regardlessofwhetherthereisanyindicationofimpairment.
(1)Impairmentofnon-currentassetsotherthanfinancialassets(exceptgoodwill)
Iftherecoverableamountislessthancarryingvalueinimpairmenttestresults,theprovisionforimpairmentofdifferencesshouldincludeinimpairmentloss.Recoverableamountswouldbethehigherofnetvalueofassetfairvaluedeductingdisposalchargesorpresentvalueofpredictedcashflow.Assetfairvalueshouldbedeterminedaccordingtonegotiatedsalespriceoffairtrade.Ifnosalesagreementexistsbutwithassetactivemarket,fairvalueshouldbedeterminedaccordingtotheBuyer’spriceoftheasset.Ifnosalesagreementorassetactivemarketexists,assetfairvaluecouldbeacquiredonthebasisofbestinformationavailable.Disposalexpensesincludelegalfees,taxes,cartageorotherdirectexpensesofmerchantableAssetsrelatedtoassetdisposal.PresentvalueofpredictedassetcashflowshouldbedeterminedbytheproperdiscountrateaccordingtoAssetsinserviceandpredictedcashflowoffinaldisposal.AssetdepreciationreservesshouldbecalculatedonthebasisofsingleAssets.IfitisdifficulttopredicttherecoverableamountsforsingleAssets,recoverableamountsshouldbedeterminedaccordingtothebelongingassetgroup.Assetgroupistheminimumassetcombinationproducingcashflowindependently.
(2)ImpairmentofgoodwillInimpairmenttest,carryingvalueofthebusinessreputationinfinancialreportshouldbesharedtobeneficialassetgroupandassetgroupcombinationincollaborationofbusinessmerger.Itisshowninthetestthatifrecoverableamountsofsharedbusinessreputationassetgrouporassetgroupcombinationarelowerthanbookvalue,itshoulddeterminetheimpairmentloss.Impairmentlossamountshouldfirstlybedeductedandsharedtothecarryingvalueofbusinessreputationofassetgrouporassetgroupcombination,thendeductcarryingvalueofallassetsaccordingtoproportionsofothercarryingvalueofaboveassetsinassetgrouporassetgroupcombinationexceptbusinessreputation.Aftertheassetimpairmentlossisdetermined,recoverablevalueamountswouldnotbereturnedinfuture.
28.Long-termDeferredExpensesTheLong-termdeferredexpensesoftheGroupincludingrenovationcost,moldcostandsoonshallbeamortizedevenlyduringthebenefitperiod.Iftheselong-termdeferredexpensescannotbenefitthefutureaccountingperiod,theamortizedvalueofthisitemthathasnotbeenamortizedshallbetransferredtothecurrentprofitandloss.
29.ContractLiabilitiesLiabilitiesofcontractsrefertotheGroup'sobligationtotransfergoodstocustomersduetotheconsiderationreceivedorreceivablefromcustomers.Beforethetransfers,ifthecustomerhaspaidtheconsiderationoriftheGrouphasobtainedtherighttounconditionallycollectthecontract
consideration,theliabilitiesofcontractsshallberecognizedbasedontheamountreceivedorreceivableattheearlierpointbetweentheactualpaymentbythecustomerandthepaymentdue.
30.EmployeeCompensationSalariesofstaffoftheGroupincludeshort-termsalary,post-employmentbenefits,terminationcompensation,andotherlong-termbenefits.Short-termsalarymainlyincludeswages,bonuses,allowancesandsubsidies,aswellasemployeebenefits,medicalinsurance,maternityinsurance,employmentinjuryinsurance,housingprovidentfund,laborunionexpenses,andstaffeducationexpenses,andnon-monetarybenefits.Duringtheaccountingperiodwhentheemployeesprovideservices,theactualshort-termcompensationisrecognisedasaliabilitythatshallbeincludedinthecurrentprofitandlossorthecostofrelatedassetsaccordingtothebeneficiary.Thepost-employmentbenefitsmainlyincludethebasicendowmentinsurance,etc.TheyaredividedintodefinedcontributionplansanddefinedbenefitplansinaccordancewiththerisksandobligationsundertakenbytheGroup.Accordingtothedefinedcontributionplan,thedepositpaidtoaseparateentityinexchangefortheservicesprovidedbytheemployeesduringtheaccountingperiodonthebalancesheetdateisrecognizedasliabilities,andshallbeincludedinthecurrentprofitandlossorthecostofrelatedassetsaccordingtothebeneficiary.IftheGrouphasadefinedbenefitplan,thespecificaccountingmethodshouldbeexplained.Whenterminatinglabourrelationsbeforeexpirationofcontract,orlayoffswithcompensations,andtheGroupcannotterminatethelabourrelationsunilaterallyorreducethedemissionwelfare,remunerationandliabilitiesproducedfromthedemissionwelfareshouldbedeterminedandincludedincurrentprofitsandlosseswhendeterminingthecostsofdemissionwelfareandrecombination.However,demissionwelfarenotfullypaidwithin12monthsafterannualReportingPeriodshouldbehandledthesameasotherlong-termemployees’payrolls.Theinsideemployeeretirementplanistreatedbyadoptingthesameprinciplewiththeabovedismissionwelfare.TheGroupwouldrecordedthesalaryandthesocialsecurityinsurancefeespaidandsoonfromtheemployee’sserviceterminationdatetonormalretirementdateintocurrentprofitsandlosses(dismissionwelfare)undertheconditionthattheymeettherecognitionconditionsofestimatedliabilities.Theotherlong-termwelfarethattheGroupofferstothestaffs,ifmetwiththesettingdrawingplan,shouldbeaccountingdisposedaccordingtothesettingdrawingplan,whiletherestshouldbedisposedaccordingtothesettingrevenueplan.
31.LeaseLiabilities
(1)Initialmeasurement
TheGroupinitiallymeasurestheleaseobligationatthepresentvalueoftheleasepaymentsoutstandingatthecommencementdateoftheleaseterm.
1)LeasepaymentsLeasepaymentsrefertotheamountpaidbytheGrouptothelessorrelatedtotherighttousetheleasedassetsduringtheleaseterm,including:a)Fixedpaymentamountandsubstantialfixedpaymentamount.Ifthereisleaseincentive,deducttheamountrelatedtoleaseincentive;b)Thevariableleasepaymentamountdependingontheindexorratio,whichisdeterminedaccordingtotheindexorratioonthecommencementdateoftheleasetermattheinitialmeasurement;c)WhentheGroupreasonablydeterminestheexercisepriceofthepurchaseoptionwhenitwillexerciseit;d)TheleasetermreflectstheamounttobepaidtoexercisetheterminationoptionwhentheGroupwillexercisetheterminationoption;e)TheamountexpectedtobepaidbasedontheresidualvalueoftheguaranteeprovidedbytheGroup.
2)RateofdiscountWhencalculatingthepresentvalueoftheleasepayments,theGroupusestheinterestrateimplicitinleaseastherateofdiscount,whichistheinterestrateatwhichthesumofthepresentvalueofthelessor'sleasereceiptsandthepresentvalueoftheunsecuredresidualvalueequalsthesumofthefairvalueoftheleasedassetandthelessor'sinitialdirectexpenses.IftheGroupfailstodeterminetheinterestrateimplicitinlease,theincrementalinterestrateonborrowingwillbeusedastherateofdiscount.TheincrementalinterestrateonborrowingshallmeantheinterestratepayablebytheGrouptoborrowfundsundersimilarmortgageconditionsduringsimilarperiodstoacquireassetsclosetothevalueoftheright-of-useassetsundersimilareconomiccircumstances.Theinterestrateisrelatedtothefollowingmatters:a)TheGroup'sownsituation,thatis,theCompany'ssolvencyandcreditstatus;b)Thetermof"loan",thatis,theleaseterm;c)Theamountof"borrowed"funds,thatis,theamountofleaseliabilities;d)"Mortgageconditions",thatis,thenatureandqualityoftheunderlyingassets;e)Economicenvironment,includingthejurisdictionwherethelesseeislocated,thevaluationcurrency,thetimewhenthecontractissigned,etc.TheincrementalborrowingrateisbasedontheGroup'slatestasset-basedlendinginterestrateforsimilarassetsandadjustedtotakeintoaccounttheabovefactors.
(2)Follow-upmeasurementAfterthecommencementdateoftheleaseterm,theGroupcarriesoutfollow-upmeasurementofleaseliabilitiesaccordingtothefollowingprinciples:a)Whenrecognizingtheinterestofleaseliabilities,theGroupwillincreasethecarryingamountofleaseliabilities;b)Whenpayingtheleasepayments,theGroupwillreducethebookamountoftheleaseliability;c)Whentheleasepaymentschangesduetorevaluationorleasechange,theGroupwillremeasurethebookvalueofleaseliability.TheGroupcalculatestheinterestexpensesoftheleaseobligationsduringeachperiodoftheleasetermatafixedperiodicinterestrate,andincludesthem(exceptthosethatshallbecapitalized)inprofitorlossforthecurrentperiod.PeriodicratereferstotherateofdiscountadoptedbytheGroupwheninitiallymeasuringleaseliabilities,ortherevisedrateofdiscountadoptedbytheGroupwhenleaseliabilitiesneedtoberemeasuredaccordingtotherevisedrateofdiscountduetochangesinleasepaymentsorleasechanges.
(3)Re-measurementAfterthecommencementdateoftheleaseterm,theGroupre-measurestheleaseliabilitybasedonthepresentvalueofthechangedleasepaymentandadjuststhebookvalueoftheright-of-useassetsaccordinglywhenthefollowingcircumstancesoccur.Ifthecarryingvalueoftheright-of-useassetshasbeenreducedtozero,buttheleaseobligationsstillneedtobefurtherreduced,theGroupwillincludetheremainingamountinprofitorlossforthecurrentperiod.a)Theactualfixedpaymentamountchanges(inthiscase,theoriginalrateofdiscountisusedfordiscount);b)Theestimatedamountpayableoftheresidualvaluechanges(inthiscase,theoriginalrateofdiscountisusedfordiscount);c)Theindexorratiousedtodeterminetheleasepaymentchanges(inthiscase,therevisedrateofdiscountisusedfordiscount);d)Theevaluationresultofthepurchaseoptionchanges(inthiscase,therevisedrateofdiscountisadoptedfordiscount);e)Theevaluationresultoractualexerciseoftheleaserenewaloptionortheleaseterminationoptionchanges(inthiscase,therevisedrateofdiscountisadoptedfordiscount).
32.ProvisionsTheGroupshouldrecognizetherelatedobligationasaprovisionforliabilitywhentheobligationmeetsthefollowingconditions:(1)Thatobligationisapresentobligationoftheenterprise;(2)Itisprobablethatanoutflowofeconomicbenefitsfromtheenterprisewillberequiredtosettletheobligation;(3)Areliableestimatecanbemadeoftheamountoftheobligation.Theprojectedliabilitiesareinitiallymeasuredinaccordancewiththeoptimalestimateofthenecessaryexpensesforthefulfillmentofthecurrentobligation,withtherisksrelatedtocontingentmatters,uncertainty,thetimevalueofmoney,andotherfactorstakenintoconsideration.TheGroupreviewsthecurrentbestestimateoftheprovisionsforcontingentliabilitiesatthebalancesheetdateandadjuststhecarryingamountoftheprovisionasnecessary.Whenallorsomeoftheexpensesnecessaryfortheliquidationofanprovisionsofanenterpriseisexpectedtobecompensatedbyathirdparty,thecompensationshouldbeseparatelyrecognizedasanassetonlywhenitisvirtuallycertainthatthereimbursementwillbeobtained.Besides,theamountrecognizedforthereimbursementshouldnotexceedthecarryingvalueoftheestimatedliabilities.
33.PrinciplesofRevenueRecognitionandMeasurementMethodTherevenueoftheGroupmainlyconsistsoftheincomefrommainbusinessandtheincomefromotherbusinesses.
(1)RevenuerecognitionprincipleTheGrouphasfulfilledtheperformanceobligationsinthecontract,thatis,whenthecustomerobtainscontroloftherelevantgoodsorservices,revenueisrecognized.Obtainingcontroloverrelatedgoodsorservicesmeansbeingabletoleadtheuseofthegoodsortheprovisionofsuchservicesandobtainalmostalloftheeconomicbenefitsfromit.
Onthestartingdateofthecontract,theGroupevaluatesthecontract,identifieseachindividualperformanceobligationcontainedinthecontract,anddetermineswhethereachindividualperformanceobligationisperformedwithinacertainperiodoftimeoratacertainpointintime.Whenoneofthefollowingconditionsismet,itisaperformanceobligationwithinacertainperiodoftime,otherwise,itisaperformanceobligationatacertainpointintime:
①ThecustomerobtainsandconsumestheeconomicbenefitsbroughtbytheGroup'sperformanceatthesametimetheGroupperformsthecontract.
②ThecustomercancontroltheproductsunderconstructionduringtheperformanceoftheGroup.
③ThegoodsproducedduringtheperformanceoftheGrouphaveirreplaceableuses,andtheGrouphastherighttocollectpaymentsforthecumulativeperformanceofthecontractduringtheentirecontractperiod.Forperformanceobligationsperformedwithinacertainperiodoftime,theGrouprecognizesrevenueaccordingtotheperformanceprogressduringthatperiod.Whentheperformanceprogresscannotbereasonablydetermined,ifthecostincurredbytheGroupisexpectedtobecompensated,therevenueshallberecognizedaccordingtotheamountofthecostincurreduntiltheperformanceprogresscanbereasonablydetermined.Forperformanceobligationsperformedatacertainpointintime,theGrouprecognizesrevenueatthepointwhenthecustomerobtainscontroloftherelevantgoodsorservices.Whenjudgingwhetheracustomerhasobtainedcontrolofgoodsorservices,theGroupconsidersthefollowingsigns:
①TheGroupenjoysthecurrentrighttoreceivepaymentforthegoodsorservices.
②TheGrouphastransferredthelegalownershipoftheproducttothecustomer.
③TheGrouphastransferredthegoodsinkindtothecustomer.
④TheGrouphastransferredthemainrisksandrewardsoftheownershipoftheproducttothecustomer.
⑤Thecustomerhasacceptedthegoodsorservices.TheGrouphastransferredgoodsorservicestocustomersandtherighttoreceiveconsiderationislistedascontractassets,andcontractassetsaredevaluedonthebasisofexpectedcreditlosses.TheGroup'sunconditionalrighttocollectconsiderationfromcustomersislistedasreceivables.TheGroup’sobligationtotransfergoodsorservicestocustomersduetotheconsiderationreceivedfromcustomersislistedascontractliabilities.
(2)Principlesofincomemeasurement
①Ifthecontractcontainstwoormoreperformanceobligations,atthebeginningofthecontract,theGroupwillallocatethetransactionpricetoeachindividualperformanceobligationbasedontherelativeproportionofthestand-alonesellingpriceofthegoodsorservicespromisedbyeachindividualperformanceobligation.Revenueismeasuredatthetransactionpriceofeachindividualperformanceobligation.
②ThetransactionpriceistheamountofconsiderationthattheGroupexpectstobeentitledtoreceiveduetothetransferofgoodsorservicestocustomers,excludingpaymentscollectedonbehalfofthirdpartiesandpaymentsexpectedtobereturnedtocustomers.ThetransactionpriceconfirmedbytheGroupdoesnotexceedtheamountatwhichtheaccumulatedconfirmedincomewillmostlikelynotundergoasignificantreversalwhentherelevantuncertaintyiseliminated.Itisexpectedthatthemoneyreturnedtothecustomerwillnotbeincludedinthetransactionpriceasaliability.
③Ifthereisvariableconsiderationinthecontract,suchascashdiscountsandpriceguaranteesinpartofthecontractbetweentheGroupanditscustomers,theGroupdeterminesthebestestimateofthevariableconsiderationaccordingtotheexpectedvalueorthemostlikelyamount,butincludesthevariableThetransactionpriceoftheconsiderationshallnotexceedtheamountatwhichtheaccumulatedconfirmedincomeisunlikelytobereversedsignificantlywhentherelevantuncertaintyiseliminated.
④Fortheconsiderationpayabletocustomers,theGroupoffsetsthetransactionpricefromtheconsiderationpayabletocustomers,andoffsetsthecurrentincomeatthetimewhentherelevantincomeisrecognizedandthepayment(orpromisedtopay)thecustomerconsiderationislater,unlesstheconsiderationpayableisforObtainotherclearlydistinguishableproductsfromcustomers.
⑤Forsaleswithasalesreturnclause,whenthecustomerobtainscontroloftherelevantproduct,theGrouprecognizesrevenuebasedontheamountofconsiderationexpectedtobereceivedduetothetransferoftheproducttothecustomer,andtheexpectedreturnduetothesalesreturnisrecognizedasanestimatedliability;Atthesametime,accordingtotheexpectedbookvalueofthereturnedgoodsatthetimeoftransfer,thebalanceafterdeductingtheestimatedcostofrecoveringthegoods(includingthevalueimpairmentofthereturnedgoods)isrecognizedasanasset,thatis,thereturncostreceivable,accordingtothetransferredgoodsThebookvalueatthetimeofthetransfer,deductingthenetcarry-overcostoftheaforementionedassetcost.Oneachbalancesheetdate,theGroupre-estimatesthefuturesalesreturnsandre-measurestheaforementionedassetsandliabilities.
⑥Ifthereisasignificantfinancingcomponentinthecontract,theGroupshalldeterminethetransactionpricebasedontheamountpayableincashwhenthecustomerassumescontrolofthe
goodsorservices.Usingthediscountratethatdiscountsthenominalamountofthecontractconsiderationintothecurrentcommodityprice,thedifferencebetweenthedeterminedtransactionpriceandtheamountoftheconsiderationpromisedinthecontractisamortizedbytheactualinterestmethodduringthecontractperiod.Onthestartingdateofthecontract,theGroupexpectsthatthetimebetweenthecustomer'sacquisitionofcontrolofthegoodsorservicesandthecustomer'spaymentofthepricewillnotexceedoneyear,regardlessofthesignificantfinancingcomponentsinthecontract.
⑦Accordingtocontractualagreements,legalprovisions,etc.,theGroupprovidesqualityassurancefortheproductssoldandtheassetsbuilt.Forguarantee-typequalityassurancetoassurecustomersthatthegoodssoldmeettheestablishedstandards,theGroupconductsaccountingtreatmentinaccordancewith"contingentevents-estimatedliabilities".Fortheservicequalityassurancethatprovidesaseparateserviceinordertoassurecustomersthatthegoodssoldmeettheestablishedstandards,theGroupregardsitasasingleperformanceobligation,basedonthestand-alonesellingpriceofthequalityassuranceofgoodsandservices.Inarelativeproportion,partofthetransactionpriceisallocatedtoservicequalityassurance,andrevenueisrecognizedwhenthecustomerobtainscontroloftheservice.Whenassessingwhetherthequalityassuranceprovidesaseparateserviceinadditiontoensuringthattheproductssoldmeettheestablishedstandards,theGroupconsiderswhetherthequalityassuranceisalegalrequirement,thequalityassuranceperiod,andthenatureoftheGroup'scommitmenttoperformthetasks.
⑧WhentheconstructioncontractbetweentheGroupandthecustomerischanged:①Ifthecontractchangeaddsclearlydistinguishableconstructionservicesandcontractprices,andthenewcontractpricereflectsthestand-alonesellingpriceofthenewconstructionservices,theGroupwillThecontractchangeshallbetreatedasaseparatecontractforaccountingtreatment;②Ifthecontractchangedoesnotfallintotheabove-mentionedcircumstance①,andthereisacleardistinctionbetweentheconstructionservicesthathavebeentransferredandtheconstructionservicesthathavenotbeentransferredonthedateofthecontractchange,theGroupTreatitastheterminationoftheoriginalcontract,andatthesametime,mergetheunfulfilledpartoftheoriginalcontractandthechangedpartofthecontractintoanewcontractforaccountingtreatment;③Ifthecontractchangedoesnotfallintotheabovesituation①,andtheconstructionservicehasbeentransferredonthedateofcontractchangeThereisnocleardistinctionbetweentheconstructionserviceandtheuntransferredconstructionservice.TheGroupaccountsforthechangedpartofthecontractasacomponentoftheoriginalcontract.Theresultingimpactontherecognizedrevenuewillbeadjustedonthedateofcontractchange.
(3)Specificmethodsofrevenuerecognition
①Revenuerecognizedontime
TheGroup'ssalesofhouseholdappliances,electroniccomponents,etc.,belongtotheperformanceobligationperformedatacertainpointintime.Recognitionconditionsforincomefromdomesticsalesofgoodsandoverseasdirectsalesofgoods:TheGrouphasdeliveredtheproducttothecustomerinaccordancewiththecontractandthecustomerhasreceivedtheproduct,thepaymenthasbeenrecoveredorthereceiptofpaymenthasbeenobtained,andtherelevanteconomicbenefitsarelikelytoflowin.Themainrisksandrewardshavebeentransferred,andthelegalownershipofthegoodshasbeentransferred.Conditionsforconfirmingtheincomeofexportedgoods:TheGrouphasdeclaredtheproductsforexportaccordingtothecontract,obtainedthebilloflading,anddeliveredthegoodstothecarrierentrustedbythepurchaser.Thepaymenthasbeenrecoveredorthereceiptofpaymenthasbeenobtainedandrelevanteconomicbenefitsarelikelytoflowin.Themainrisksandrewardsofcommodityownershiphavebeentransferred,andthelegalownershipofcommoditieshasbeentransferred.
②IncomeconfirmedaccordingtotheperformanceprogressTheGroup'sbusinesscontractswithcustomersforprojectconstruction,onlineadvertising,operatingleases,etc.areperformanceobligationsperformedwithinacertainperiodoftime,andrevenueisrecognizedaccordingtotheprogressoftheperformance.
34.GovernmentGrantsThegovernmentgrantsoftheGrouparedividedintoasset-basedgrantsrelatedtoandincome-basedgrants.Asset-basedgrantsrefertothegovernmentgrantsforlong-termassetsobtainedbythepurchase,construction,andotherways.Income-basedgrantsrefertoothergrants.Ifthebeneficiariesarenotspecifiedingovernmentdocuments,theGroupwillmakethedistinctionaccordingtotheaforesaidprinciple.Beneficiarieswhicharedifficulttocategorizeshallbeclassifiedasanincome-basedgovernmentgrantasawhole.Currentelementsofgovernmentgrantsshallbemeasuredbasedontheamountactuallyreceived.Thoseshallbemeasuredaccordingtotheamountreceivablearegrantspaidaccordingtoafixedquotastandard,orfundsthatmeettherelevantconditionsstipulatedbythefinancialsupportpolicywithconclusiveevidenceattheendoftheyearandwhichareexpectedasthefinancialsupport.Non-monetaryelementsofthegovernmentgrantsshallbemeasuredatfairvalue.Thosewhosefairvaluecannotbeobtainedreliablyshallbemeasuredatitsnominalamount(RMB1).Asset-basedgrantsshallbeusedtooffsetthecarryingvalueofrelatedassetsorpresentedasdeferredincome,andshall,overthelifeoftherelatedasset,beincludedinthecurrentprofitsandlossesbytheequalamortizationmethod.
Iftherelatedassetissold,transferred,scrapped,ordamagedbeforetheendofitsusefullife,itsdeferredincomethathasnotbeendistributedshallbetransferredtothecurrentprofitandlossofassetdisposal.Income-basedgrantsthatareusedtocompensaterelatedcostsorlossesinsubsequentperiodsshallbedeemedasdeferredincomeandshallbeincludedinthecurrentprofitsandlossesduringtheperiodwhentherelatedcostsorlossesarerecognized.Governmentgrantsrelatedtoroutineactivitiesshallbeincludedinotherincomeinaccordancewiththenatureofthetransaction.Governmentgrantsnotrelatedtoroutineactivitiesshallbeincludedinnon-operatingincomeandexpenditure.TheGroupobtainsinterestgrantsonpolicy-relatedconcessionalloansintwodifferentways:theinterestsubsidyfundsareallocatedbythegovernmenteithertothelendingbankordirectlytotheGroup.Therespectiveaccountingtreatmentiscarriedoutasfollows:
(1)Wherethegovernmentallocatesthefundstothelendingbank,andthebankprovidesaloantotheGroupatapolicy-relatedpreferentialinterestrate,theactualamountoftheloanreceivedistakenastheentryvalue,andtheborrowingcostsarecalculatedbasedontheloanprincipalandthepolicy-relatedpreferentialinterestrate.
(2)WherethegovernmentallocatesthefundsdirectlytotheGroup,thegrantsareoffsetagainstborrowingcosts.WherethegovernmentgrantsthattheGrouphasrecognizedinaccountingneedtobereturned,theaccountingtreatmentinthecurrentperiodiscarriedoutasfollows:
1)Ifthebookvalueofanassetisoffsetoninitialrecognition,thebookvaluewillbeadjusted;
2)Ifthereisdeferredincome,thebookbalanceofthedeferredincomewillbeoffset,andtheexcesswillbeincludedinprofitorlossinthecurrentperiod;
3)Underanyothercircumstances,thegrantswillbeincludedinprofitorlossinthecurrentperiod.
35.DeferredIncomeTaxAssets/DeferredIncomeTaxLiabilitiesTheGroup'sdeferredtaxassetsanddeferredtaxliabilitiesarecalculatedandrecognizedbasedonthedifference(temporarydifference)betweenthetaxbaseandbookvalueoftheassetsandliabilities.Inthecaseofdeductiblelossesthatcanbedeductedfromtaxableincomeinsubsequentyearsinaccordancewiththeprovisionsofthetaxlaws,thecorrespondingdeferredincometaxassetsarerecognized.Inthecaseoftemporarydifferencesarisingfromtheinitialrecognitionofgoodwill,thecorrespondingdeferredincometaxliabilitiesarenotrecognized.Withrespecttotemporarydifferencesarisingfromtheinitialrecognitionofanassetorliabilityinatransactionwhichisn’tabusinesscombinationandwhichaffectsneitheraccountingprofitnortaxableincome
(ordeductiblelosses),thecorrespondingdeferredincometaxassetsanddeferredincometaxliabilitiesarenotrecognized.Onthebalancesheetdate,thedeferredincometaxassetsanddeferredincometaxliabilitiesaremeasuredatthetaxrateapplicabletotheperiodduringwhichtheassetsareexpectedtoberecoveredortheliabilitiesareexpectedtobesettled.TheGrouprecognizesdeferredincometaxassetstotheextentofthetaxableincomewhichitismostlikelytoobtainandwhichcanbedeductedfromdeductibletemporarydifferences,deductiblelossesandtaxcredits.
36.Leasing
(1)IdentificationofleasesTheterm"lease"referstoacontractwherebythelessortransferstherightofuseregardingtheleasedasset(s)tothelesseewithinaspecifiedtimeinexchangeforconsideration.Onthecommencementdateofthecontract,theGroupassesseswhetherthecontractisaleaseorcontainsalease.Ifapartytothecontracttransferstherightallowingthecontrolovertheuseofoneormoreassetsthathavebeenidentifiedwithinacertainperiod,inexchangeforaconsideration,suchcontractisaleaseorincludesalease.Inordertodeterminewhetherapartytothecontracttransferstherightallowingthecontrolovertheuseoftheidentifiedassetsforacertainperiodoftime,theGroupassesseswhetherthecustomersinthecontractareentitledtoobtainalmostalltheeconomicbenefitsarisingfromtheuseoftheidentifiedassetsduringtheuseperiod,andhavetherighttodominatetheuseoftheidentifiedassetsduringtheuseperiod.Ifacontractcontainsmultiplesingleleasesatthesametime,theGroupwillsplitthecontract,andconductaccountingtreatmentofeachsingleleaserespectively.Ifacontractcontainsbothleaseandnon-leasepartsatthesametime,theGroupwillsplittheleaseandnon-leasepartsforaccountingtreatment.
(2)TheGroupaslessee
1)LeaserecognitionOnthecommencementdateoftheleaseterm,theGrouprecognizestheright-of-useassetsandleaseobligationsinrespectofthelease.Fortherecognitionandmeasurementofright-of-useassetsandleaseliabilities,pleaserefertoNoteIV"25.Right-of-useassets"and"31.Leaseliabilities".
2)LeasechangeAleasechangereferstoachangeinthescope,consideration,andtermofleaseoutsidetheoriginalcontractclauses,includingtheadditionorterminationoftheoneorseveralrightstouseleaseassets,andtheextensionorreductionoftheleasetermspecifiedinthecontract.Theeffectivedateofleasechangereferstothedatewhenbothpartiesreachanagreementonleasechange.Iftheleasechangesandthefollowingconditionsaremetatthesametime,theGroupwillaccountfortheleasechangeasaseparatelease:a)Theleasechangeexpandstheleasescopeorextendstheleasetermbyincreasingtherighttouseoneormoreleasedassets;b)Theincreased
considerationisequivalenttotheseparatepriceoftheexpandedleasescopeortheextendedleasetermadjustedaccordingtothecontractconditions.Iftheleasechangeisnotaccountedforasaseparatelease,ontheeffectivedateoftheleasechange,theGroupwillallocatetheconsiderationofthechangedcontractinaccordancewiththerelevantprovisionsoftheleasestandardsandre-determinethechangedleaseterm.Therevisedrateofdiscountisusedtodiscountthechangedleasepaymentstoremeasuretheleaseliability.Whencalculatingthepresentvalueofthechangedleasepayments,theGroupusestheinterestrateimplicitinleaseastherateofdiscount.Iftheinterestrateimplicitinleasecannotbedetermined,theGroupadoptstheincrementalborrowingrateofthelesseeontheeffectivedateoftheleasechangeastherateofdiscount.Withregardtotheimpactoftheabove-mentionedleaseliabilityadjustment,theGroupconductsaccountingtreatmentaccordingtothefollowingsituations:a)Thelesseewillcorrespondinglyreducethebookvalueoftheright-of-useassetsandincludetheprofitorlossoftheleaseterminatedinpartorwholeinthecurrentprofitorloss,iftheleasechangenarrowsthescopeofleaseorshortenstheleaseterm.b)Thelesseewillcorrespondinglyadjustthebookvalueoftheright-of-useassets,ifotherleasechangesresultinthere-measurementoftheleaseobligation.
3)Short-termandlow-valueassetleasesForshort-termleaseswithaleasetermnotexceeding12monthsandlow-valueassetleaseswithlowervaluewhensingleleasedassetsarebrandnewassets,theGroupchoosesnottorecognizeright-of-useassetsandleaseliabilities.TheGroupincludesthepaymentsofshort-termandlow-valueassetleasesincurredduringeachperiodoftheleasetermintheprofitorlossforthecurrentperiodorthecostofrelevantassetsbythestraight-linemethod.
(3)TheGroupaslessorOnthebasisthat(1)thecontractassessedisaleaseorincludesalease,theGroup,asthelessor,classifiesleasesintofinanceleasesandoperatingleasesontheleasecommencementdate.Ifaleasesubstantiallytransfersvirtuallyallrisksandrewardsassociatedwithownershipoftheleasedasset,thelessorclassifiestheleaseasafinanceleaseandleasesotherthanfinanceleasesasoperatingleases.TheGroupusuallyclassifiesaleasethatfallsunderanyoneormoreofthefollowingcircumstancesasafinancelease:a)Whentheleasetermexpires,theownershipoftheleasedassetistransferredtothelessee;b)Thelesseehastheoptiontopurchasetheleasedasset(s).Astheagreedpurchasepriceislowenoughcomparedwiththefairvalueoftheleasedasset(s)atthetimetheoptionisexpectedtobeexercised,itcanbereasonablydeterminedattheinceptionoftheleasethatthelesseewillexercisetheoption;c)Althoughtheownershipoftheassetsisnottransferred,theleasetermaccountsformostoftheservicelifeoftheleasedassets;d)Ontheleasecommencementdate,thepresentvalueofleasereceiptsisalmostequivalenttothefairvalueofleasedassets;e)Theleasedassetsarespecialinnature,andonlythelesseecanusethemwithoutmajorrenovation.TheGroupmayalsoclassifyaleasethatfallsunderanyoneormoreofthefollowingcircumstancesasafinancelease:a)Ifthelesseecancelsthelease,lossestothelessorcausedbythecancellationwillbebornebythelessee;b)Thegainsorlossesarisingfromthefluctuationofthefairvalueoftheresidualvalueofassetsbelongtothelessee;c)Thelesseehas
theabilitytocontinueleasinguntilthenexttermatarentfarbelowthemarketlevel.
1)AccountingtreatmentoffinanceleasesInitialmeasurementOnthecommencementdateoftheleaseterm,theGrouprecognizesthefinanceleasereceivablesforthefinanceleaseandderecognizestheleasedassetofthefinancelease.Itrecognizesthenetinvestmentintheleaseastheentryvalueofthefinancelease,wheninitiallymeasuringthefinanceleasereceivable.Thenetinvestmentintheleaseisthesumofthenetvalueoftheunguaranteedresidualvalueandtheleasereceivablenotreceivedonthecommencementdateoftheleasetermattheinterestrateimplicitinlease.Leasecollectionamountreferstotheamountthatthelessorshouldcollectfromthelesseefortransferringtherighttousetheleasedassetsduringtheleaseterm,including:a)Fixedpaymentamountandsubstantialfixedpaymentamountthatthelesseeneedstopay.Ifthereisleaseincentive,deducttheamountrelatedtoleaseincentive;b)Thevariableleasepaymentdependingontheindexorratio,whichisdeterminedaccordingtotheindexorratioonthecommencementdateoftheleasetermattheinitialmeasurement;c)Theexercisepriceofthepurchaseoption,providedthatitisreasonablydeterminedthatthelesseewillexercisetheoption;d)Theamounttobepaidbythelesseetoexercisetheoptiontoterminatethelease,providedthattheleasetermreflectsthatthelesseewillexercisetheoptiontoterminatethelease;e)Theresidualvalueofguaranteeprovidedtothelessorbythelessee,thepartyrelatedtothelesseeandanindependentthirdpartythathasthefinancialabilitytofulfilltheguaranteeobligation.Follow-upmeasurementTheGroupcalculatesandconfirmstheinterestincomeatafixedperiodicrateineachperiodintheleaseterm.Periodicratereferstotherateofdiscountimplicitinleaseadoptedtodeterminethenetinvestmentinthelease(inthecaseofsublease,iftheinterestrateimplicitinleaseofsubleasecannotbedetermined,therateofdiscountimplicitinoriginalleaseisadopted(adjustedaccordingtotheinitialdirectexpensesrelatedtosublease)),ortherevisedrateofdiscountdeterminedinaccordancewiththerelevantprovisionswherethechangeofthefinanceleaseisnotaccountedforasaseparateleaseandmeetstheconditionthattheleasewillbeclassifiedasafinanceleaseifthechangebecameeffectiveontheleasecommencementdate.AccountingtreatmentofleasechangeIftheleasechangesandthefollowingconditionsaremetatthesametime,theGroupwillaccountfortheleasechangeasaseparatelease:a)Theleasechangeexpandstheleasescopebyincreasingtherighttouseoneormoreleasedassets;b)Theincreasedconsiderationisequivalenttotheseparatepriceoftheexpandedleasescopeadjustedaccordingtothecontractconditions.Ifthechangeoffinanceleaseisnotaccountedforasaseparatelease,andtheconditionthattheleasewillbeclassifiedasanoperatingleaseifthechangetakeseffectontheleasecommencementdateismet,theGroupwillaccountforitasanewleasefromtheeffectivedateoftheleasechange,andtakethenetleaseinvestmentbeforetheeffectivedateoftheleasechangeasthebookvalueoftheleasedasset.
2)Accountingtreatmentofoperatingleases
TreatmentofrentTheGrouprecognizesleasereceiptsfromoperatingleasesasrentalincomeonastraight-linebasisduringeachperiodoftheleaseterm.IncentivesprovidedIftheGroupprovidesarent-freeperiod,itallocatesthetotalrentalsovertheentireleasetermwithoutdeductingtherent-freeperiodbythestraight-linemethod,andalsorecognizesrentalincomeduringtherent-freeperiod.Ifcertainexpensesofthelesseeareborne,theGroupallocatesthebalanceofrentalincomeovertheleasetermaftersuchexpensesaredeductedfromthegrossrentalincome.InitialdirectcostInitialdirectexpensesincurredbytheGroupinconnectionwithoperatingleasesshallbecapitalizedtothecostoftheleasedunderlyingassetandrecordedintheprofitsandlossesofthecurrentperiodinstagesovertheleasetermonthesamebasisofrecognitionasrentalincome.DepreciationForthefixedassetsintheassetsunderoperatinglease,theGroupadoptsthedepreciationpolicyofsimilarassetstocalculateanddistilldepreciation.Forotherassetsunderoperatinglease,theGroupamortizestheminasystematicandreasonablemanner.VariableleasepaymentsVariableleasepaymentsmadebytheGroupinrelationtooperatingleasesthatarenotincludedintheleasereceivableareincludedinthecurrentprofitorlosswhentheyareactuallyincurred.ChangeofoperatingleasesIfanoperatingleasechanges,theGroupwillregarditasanewleaseforaccountingtreatmentfromtheeffectivedateofthechange.Theadvancereceiptortheleasereceivablerelatedtotheleasepriortothechangeisrecognizedasthepaymentreceivableofthenewlease.
37.ChangesinMainAccountingPoliciesandEstimates
(1)ChangesofaccountingpoliciesTheMinistryofFinanceissuedtheAccountingStandardsforBusinessEnterprisesInterpretationNo.17(C.K.[2023]No.21)(hereinafterreferredtoas“InterpretationNo.17”)on25October2023.
①Since1January2024,theGroupstartstoimplementtheregulationoftheInterpretationNo.17issuedbytheMinistryofFinanceregardingtheclassificationofcurrentliabilitiesandnon-currentliabilities,whichhasnoimpactsonthefinancialstatementsoftheCompany.
②Since1January2024,theGroupstartstoimplementtheregulationoftheInterpretationNo.17issuedbytheMinistryofFinanceregardingthedisclosureofthefinancingarrangementofsuppliers,whichhasnoimpactsonthefinancialinstatementsoftheCompany.
③Since1January2024,theGroupstartstoimplementtheregulationoftheInterpretationNo.17issuedbytheMinistryofFinanceregardingtheaccountingtreatmentforsale-leasebacktransactions,whichhasnoimpactsonthefinancialstatementsoftheCompany.
(2)ChangesinAccountingEstimatesNosuchcasesintheReportingPeriod.V.Taxation
1.MainTaxesandTaxRate
Categoryoftaxes
| Categoryoftaxes | Basis | Specificsituationofthetaxesrate |
| VAT | CalculatedtheoutputtaxatthetaxrateandpaidtheVATbytheamountafterdeductingthedeductiblewithholdingVATatcurrentperiod,ofwhichtheVATapplicabletoeasycollectionwon’tbelongtothedeductiblewithholdingVAT. | 1%,3%,5%,6%,9%,13% |
| Urbanmaintenanceandconstructiontax | Thecirculatingtaxactuallypaid | Paidat5%bysubsidiariesincluding:DongguanKonka,XingDaHongYe,XinfengMicrocrystalline,BoluoKonkaPrecision,BoluoKonka,NingboKanghanrui,JiangsuKonkaSmart,YibinKangrun,YibinKangrunMedical,KonkaRonghe,ChainKingdomSemiconductor(Shaoxing),GuizhouKangguiMaterials,ZhejiangKonkaElectronic,SongyangKonkaIntelligentPaidreducedbyhalfat7%bysubsidiariesincluding:LiaoyangKangshunRenewable,ZhitongTechnology,YibinSmart,ShenzhenNianhua,AnluKonka,JiangxiKonkaHigh-techPark,KanghongXintongPaidreducedbyhalfat5%bysubsidiariesincluding:Jiangkang(Shanghai)Technology,GuizhouKonkaNewMaterial,GuizhouKonkaNewEnergy,ZhejiangKonkaTechnologyIndustryPaidat1%:JiangxiKonka,JiangxiHighTransparentSubstratePaidat7%:othersubsidiaries. |
| Educationsurtax | Thecirculatingtaxactuallypaid | Paidreducedbyhalfat3%bysubsidiariesincluding:LiaoyangKangshunRenewable,ZhitongTechnology,YibinSmart,ShenzhenNianhua,AnluKonka,Jiangxi |
Categoryoftaxes
| Categoryoftaxes | Basis | Specificsituationofthetaxesrate |
| KonkaHigh-techPark,KanghongXintong,Jiangkang(Shanghai)Technology,ZhejiangKonkaTechnologyIndustryPaidat3%:othersubsidiaries. | ||
| Localeducationsurtax | Thecirculatingtaxactuallypaid | Paidreducedbyhalfat2%bysubsidiariesincluding:LiaoyangKangshunRenewable,ZhitongTechnology,YibinSmart,ShenzhenNianhua,AnluKonka,JiangxiKonkaHigh-techPark,KanghongXintong,Jiangkang(Shanghai)Technology,ZhejiangKonkaTechnologyIndustryPaidat2%:othersubsidiaries. |
| Enterpriseincometax | Taxableincome | 25%/See2.TaxPreferenceandApprovedDocumentsfordetails |
Themaintaxpayersofdifferentcorporateincometaxratesareexplainedasfollows:
| Nameofentity | Incometaxrate |
| ElectronicsTechnology,AnhuiKonka,AnhuiTongchuang,ShanxiKonka,JiangsuKonka,XinfengMicrocrystalline,BoluoPrecision,ChengduKonkaElectronic,XiaojiaTechnology | 15% |
| HongKongKonka,HongdinTrading,JialiInternational,Hongjet,JiaxinTechnology,HongdinInvest,KonkaMobility,KowinMemory(HongKong) | 16.5% |
| ChainKingdomMemoryTechnologies | 16.5% |
| KonkaEurope | 15% |
| KanghaoTechnology | 22.5% |
| KonkaNorthAmerica | 21% |
| TheCompanyastheParentandothersubsidiaries | 25% |
Note:AccordingtoregulationsofTemporaryProvisionsofIncomeTaxofTrans-boundaryTaxPaymentEnterprisesbyStateAdministrationofTaxation,residententerpriseswithoutbusinessestablishmentorplacesoflegalpersonsshouldbetaxpaymententerpriseswiththeadministrativemeasuresofincometaxof“unifiedcomputing,level-to-leveladministration,localprepayment,liquidationsummary,andfinancetransfer”.Itcameintoforcefrom1January2008.Accordingtotheabovemethods,theCompany’ssalesbranchcompaniesineachareawillhandinthecorporateincometaxesinadvancefrom1January2008andwillbefinalsettleduniformlybytheCompany
attheyear-end.
2.TaxPreferenceandApprovedDocuments
(1)AccordingtotheannouncementoftheStateAdministrationofTaxationNo.12of2023:Smallenterpriseswithsmallprofitsshallreducethetaxableincomeamountby25%andpaythecorporateincometaxatthetaxrateof20%,whichshallbecontinueduntil31December2027.
(2)On18October2022,AnhuiKonka,asubsidiaryoftheCompany,obtainedtheCertificateofHigh-TechEnterprisejointlyissuedbytheDepartmentofScienceandTechnologyofAnhuiProvince,theDepartmentofFinanceofAnhuiProvinceandtheTaxationBureauofAnhuiProvinceoftheStateAdministrationofTaxation,withthecertificatenumberGR202234002272,whichisvalidforthreeyears.Inaccordancewiththerelevanttaxregulations,AnhuiKonkaisentitledtotherelevanttaxincentivesforthreeconsecutiveyearsfrom2022to2024toenjoytherelevanttaxpreferentialpoliciesonhigh-techenterprisesandpayenterpriseincometaxatapreferentialtaxrateof15%.
(3)On4November2022,XinfengMicrocrystalline,asubsidiaryoftheCompany,obtainedtheCertificateofHigh-TechEnterprisejointlyissuedbytheDepartmentofScienceandTechnologyofJiangxiProvince,theDepartmentofFinanceofJiangxiProvinceandtheTaxationBureauofJiangxiProvinceoftheStateAdministrationofTaxation,withthecertificatenumberGR202236000999,whichisvalidforthreeyears.Accordingtotherelevanttaxregulations,XinfengMicrocrystallineisentitledtotherelevanttaxincentivesforthreeconsecutiveyearsfrom2022to2024toenjoytherelevanttaxpreferentialpoliciesonhigh-techenterprisesandpayenterpriseincometaxatapreferentialtaxrateof15%.
(4)On18October2022,AnhuiTongchuang,asubsidiaryoftheCompany,obtainedtheCertificateofHigh-TechEnterprisejointlyissuedbytheDepartmentofScienceandTechnologyofAnhuiProvince,theDepartmentofFinanceofAnhuiProvinceandtheTaxationBureauofAnhuiProvinceoftheStateAdministrationofTaxation,withthecertificatenumberGR202234000798,whichisvalidforthreeyears.Inaccordancewiththerelevanttaxregulations,AnhuiTongchuangisentitledtotherelevanttaxincentivesforthreeconsecutiveyearsfrom2022to2024toenjoytherelevanttaxpreferentialpoliciesonhigh-techenterprisesandpayenterpriseincometaxatapreferentialtaxrateof15%.
(5)On22December2022,BoluoPrecision,asubsidiaryoftheCompany,obtainedthe"High-techEnterpriseCertificate"jointlyissuedbyDepartmentofScienceandTechnologyofGuangdongProvince,DepartmentofFinanceofGuangdongProvinceandGuangdongProvincialTaxServiceofStateTaxationAdministration(No.GR202244017658),whichwillbevalidforthreeyears.Accordingtorelevanttaxregulations,BoluoPrecisionenjoysrelevantpreferentialtaxpoliciesforhigh-techenterprisesforthreeconsecutiveyearsfrom2022to2024,andpaysenterpriseincometaxatareducedrateof15%.
(6)On19December2022,ElectronicTechnology,asubsidiaryoftheCompany,receivedtheCertificateofHigh-TechEnterprisejointlyissuedbyShenzhenScienceandTechnologyInnovationCommittee,ShenzhenFinanceBureauandShenzhenTaxationBureauoftheState
AdministrationofTaxation,withthecertificatenumberGR202244205867,whichisvalidforthreeyears.Inaccordancewiththerelevanttaxregulations,ElectronicTechnologyisentitledtotherelevanttaxincentivesforthreeconsecutiveyearsfrom2022to2024toenjoytherelevanttaxpreferentialpoliciesonhigh-techenterprisesandpayenterpriseincometaxatapreferentialtaxrateof15%.
(7)On19December2022,XiaojiaTechnology,asubsidiaryoftheCompany,receivedtheCertificateofHigh-TechEnterprisejointlyissuedbyShenzhenScienceandTechnologyInnovationCommittee,ShenzhenFinanceBureauandShenzhenTaxationBureauoftheStateAdministrationofTaxation,withthecertificatenumberGR202244203274,whichisvalidforthreeyears.Inaccordancewiththerelevanttaxregulations,XiaojiaTechnologyisentitledtotherelevanttaxincentivesforthreeconsecutiveyearsfrom2022to2024toenjoytherelevanttaxpreferentialpoliciesonhigh-techenterprisesandpayenterpriseincometaxatapreferentialtaxrateof15%.
(8)On29November2023,ShanxiKonka,asubsidiaryoftheCompany,obtainedthe"High-techEnterpriseCertificate"jointlyissuedbyDepartmentofScienceandTechnologyofShanxiProvince,DepartmentofFinanceofShanxiProvinceandShanxiProvincialTaxServiceofStateTaxationAdministration(No.GR202361002167),whichwillbevalidforthreeyears.Accordingtorelevanttaxregulations,ShanxiKonkaenjoysrelevantpreferentialtaxpoliciesforhigh-techenterprisesforthreeconsecutiveyearsfrom2023to2025,andpaysenterpriseincometaxatareducedrateof15%.
(9)On6November2023,JiangsuKonka,asubsidiaryoftheCompany,obtainedthe"High-techEnterpriseCertificate"jointlyissuedbyDepartmentofScienceandTechnologyofJiangsuProvince,DepartmentofFinanceofJiangsuProvinceandJiangsuProvincialTaxServiceofStateTaxationAdministration(No.GR202332008044),whichwillbevalidforthreeyears.Accordingtorelevanttaxregulations,JiangsuKonkaenjoysrelevantpreferentialtaxpoliciesforhigh-techenterprisesforthreeconsecutiveyearsfrom2023to2025,andpaysenterpriseincometaxatareducedrateof15%.
(10)InaccordancewiththeAnnouncementontheRenewaloftheEnterpriseIncomeTaxPolicyforWesternDevelopmentEnterprises(MinistryofFinance,GeneralAdministrationofTaxation,NationalDevelopmentandReformCommissionAnnouncementNo.23of2020),anenterpriseestablishedinthewesternregionwhoismainlyengagedinanindustryspecifiedintheCatalogueofEncouragedIndustriesintheWesternRegionandwhosemainbusinessincomeaccountsforover60%ofitsgrossincomeinthecurrentyear,isentitledtoareducedcorporateincometaxrateof15%.ChengduKonkaElectronic,asubsidiaryoftheCompany,iseligibleforthispreferentialtaxpolicy.
(11)Accordingtothefiscalandtaxationdocument[2011]No.100publishedbytheMinistryofFinanceandtheStateAdministrationofTaxation,fortheVATgeneraltaxpayerswhoselltheirself-developedandproducedsoftwareproducts,theVATshallbeleviedattherateof13%,andthenthepartthattheactualtaxburdenontheirVATexceeds3willbeimplementedwiththepolicyofimmediatewithdrawal.TheCompany’ssubsidiaries,ElectronicsTechnologyandAnhuiTongchuangallenjoythispreferentialpolicy.
VI.NotestoMajorItemsintheConsolidatedFinancialStatementsoftheCompanyUnlessotherwisenoted,thefollowingannotationproject(includingthemainprojects,annotationofthefinancialstatementoftheCompany),theperiod-beginrefersto1January2024,theperiod-endrefersto30June2024,thisperiodreferstotheperiodfrom1January2024to30June2024andthepreviousperiodreferstotheperiodfrom1January2023to30June2023.Themonetaryunitisrenminbi.
1.Monetaryassets
Item
| Item | Closingbalance | Openingbalance |
| Cashonhand | 469.28 | |
| Bankdeposits | 4,599,678,470.84 | 5,892,986,243.07 |
| Othermonetaryassets | 914,692,108.59 | 613,372,864.67 |
| Total | 5,514,370,579.43 | 6,506,359,577.02 |
| Ofwhich:Totalamountdepositedoverseas | 64,430,289.51 | 55,324,772.13 |
Note:Theclosingbalanceofothermonetaryfundsismainlythebalanceoftimedeposits,margindepositsandaccountbalanceonWeChat,Alipayandotherplatforms.Fordetailsofrestrictedfunds,pleaserefertoNoteVI-23Assetswithrestrictedownershiporuseright.
2.Held-for-tradingfinancialassets
| Item | Closingbalance | Openingbalance |
| Financialassetsatfairvaluethroughprofitorloss | 294,937,209.31 | 469,636,700.78 |
| Including:Investmentinequityinstruments | 294,937,209.31 | 469,636,700.78 |
| Total | 294,937,209.31 | 469,636,700.78 |
3.Notesreceivable
（1）Classifiedpresentationofnotesreceivable
| Item | Closingbalance | Openingbalance |
| Banker'sacceptance | 285,785,824.21 | 517,759,367.29 |
| Commercialacceptancedraft | 16,201,812.90 | 15,412,581.86 |
| Total | 301,987,637.11 | 533,171,949.15 |
（2）Listedbywithdrawalmethodsforprovisionforbaddebts
Category
| Category | Closingbalance | ||||
| Bookbalance | Provisionforbaddebts | Carryingvalue | |||
| Amount | Proportion(%) | Amount | Provisionpercentage(%) | ||
| Provisionsetasideforbaddebtsbythesingleitem | |||||
| Provisionsetasideforbaddebtsbyportfolio | 302,325,037.03 | 100.00 | 337,399.92 | 0.11 | 301,987,637.11 |
| Ofwhich:Banker'sacceptance | 285,785,824.21 | 94.53 | 285,785,824.21 | ||
| Commercialacceptancedraft | 16,539,212.82 | 5.47 | 337,399.92 | 2.04 | 16,201,812.90 |
| Total | 302,325,037.03 | 100.00 | 337,399.92 | 0.11 | 301,987,637.11 |
(Continued)
| Category | Openingbalance | ||||
| Bookbalance | Provisionforbaddebts | Carryingvalue | |||
| Amount | Proportion(%) | Amount | Provisionpercentage(%) | ||
| Provisionsetasideforbaddebtsbythesingleitem | |||||
| Provisionsetasideforbaddebtsbyportfolio | 533,492,913.47 | 100.00 | 320,964.32 | 0.06 | 533,171,949.15 |
| Ofwhich:Banker'sacceptance | 517,759,367.29 | 97.05 | 517,759,367.29 | ||
| Commercialacceptancedraft | 15,733,546.18 | 2.95 | 320,964.32 | 2.04 | 15,412,581.86 |
| Total | 533,492,913.47 | 100.00 | 320,964.32 | 0.06 | 533,171,949.15 |
Provisionforexpectedcreditlossesoncommercialacceptancedraftbasedonagingintheportfolio
| Name | Closingbalance | ||
| Bookbalance | Provisionforbaddebts | Provisionpercentage(%) | |
| Withinoneyear | 16,539,212.82 | 337,399.92 | 2.04 |
Name
| Name | Closingbalance | ||
| Bookbalance | Provisionforbaddebts | Provisionpercentage(%) | |
| Total | 16,539,212.82 | 337,399.92 | 2.04 |
（3）Provisionforbaddebtsofnotesreceivablesetaside,recoveredorreclassifiedintheReportingPeriod
| Category | Openingbalance | Changeinthecurrentyear | Closingbalance | |||
| Provision | Recoveryorreclassification | Charge-offorwrite-off | Others | |||
| Commercialacceptancedraft | 320,964.32 | 29,365.33 | 12,929.73 | 337,399.92 | ||
| Banker'sacceptance | ||||||
| Total | 320,964.32 | 29,365.33 | 12,929.73 | 337,399.92 | ||
（4）Notesreceivablepledgedattheendoftheperiod
| Item | Amountpledgedattheendoftheperiod |
| Banker'sacceptance | 135,131,288.11 |
| Commercialacceptancedraft | |
| Total | 135,131,288.11 |
（5）Notesreceivableendorsedordiscountedbuthadnotyetmaturedonthebalancesheetdateattheendoftheperiod
| Item | Amountderecognisedattheendoftheperiod | Amountnotderecognisedattheendoftheperiod |
| Banker'sacceptance | 1,263,789,633.51 | |
| Commercialacceptancedraft | 13,712,030.20 | |
| Total | 1,263,789,633.51 | 13,712,030.20 |
（6）NotesreceivableactuallywrittenoffinthecurrentperiodTherewerenosignificantwrite-offsofnotesreceivableinthecurrentperiod.
4.Accountsreceivable
（1）Accountsreceivablelistedbyagingportfolio
Aging
| Aging | Bookbalanceattheperiod-end | Bookbalanceattheperiod-begin |
| Withinoneyear(inclusive) | 1,398,638,104.01 | 1,489,573,102.24 |
| Onetotwoyears | 347,323,499.85 | 152,217,296.67 |
| Twotothreeyears | 181,933,992.96 | 131,889,796.60 |
| Threetofouryears | 232,579,903.76 | 265,897,663.73 |
| Fourtofiveyears | 286,691,759.72 | 674,517,508.86 |
| Overfiveyears | 1,028,121,298.28 | 894,028,569.23 |
| Total | 3,475,288,558.58 | 3,608,123,937.33 |
（2）Accountsreceivablelistedbywithdrawalmethodsforbaddebts
| Category | Closingbalance | ||||
| Bookbalance | Provisionforbaddebts | Carryingvalue | |||
| Amount | Proportion(%) | Amount | Provisionpercentage(%) | ||
| Provisionsetasideforbaddebtsbythesingleitem | 1,395,605,627.86 | 40.16 | 1,266,377,364.82 | 90.74 | 129,228,263.04 |
| Provisionsetasideforbaddebtsbyportfolio | |||||
| Ofwhich:Agingportfolio | 2,079,682,930.72 | 59.84 | 351,949,753.53 | 16.92 | 1,727,733,177.19 |
| Subtotalofportfolio | 2,079,682,930.72 | 59.84 | 351,949,753.53 | 16.92 | 1,727,733,177.19 |
| Total | 3,475,288,558.58 | 100.00 | 1,618,327,118.35 | 46.57 | 1,856,961,440.23 |
(Continued)
| Category | Openingbalance | ||||
| Bookbalance | Provisionforbaddebts | Carryingvalue | |||
| Amount | Proportion(%) | Amount | Provisionpercentage(%) | ||
| Provisionsetasideforbaddebtsbythesingleitem | 1,601,967,285.04 | 44.40 | 1,524,090,371.01 | 95.14 | 77,876,914.03 |
Category
| Category | Openingbalance | ||||
| Bookbalance | Provisionforbaddebts | Carryingvalue | |||
| Amount | Proportion(%) | Amount | Provisionpercentage(%) | ||
| Provisionsetasideforbaddebtsbyportfolio | |||||
| Ofwhich:Agingportfolio | 2,006,156,652.29 | 55.60 | 357,487,593.24 | 17.82 | 1,648,669,059.05 |
| Subtotalofportfolio | 2,006,156,652.29 | 55.60 | 357,487,593.24 | 17.82 | 1,648,669,059.05 |
| Total | 3,608,123,937.33 | 100.00 | 1,881,577,964.25 | 52.15 | 1,726,545,973.08 |
1）Provisionsetasideforbaddebtsofaccountsreceivablebysingleitem
| Name | Openingbalance | Closingbalance | ||||
| Bookbalance | Provisionforbaddebts | Bookbalance | Provisionforbaddebts | Provisionpercentage(%) | Reasonsfortheprovision | |
| ShanghaiHuaxinInternationalGroupCo.,Ltd. | 299,136,676.70 | 293,153,943.17 | 298,855,950.30 | 292,878,831.29 | 98.00 | Expectedtobedifficulttorecover |
| HongtuSanbaoHigh-techTechnologyCo.,Ltd. | 200,000,000.00 | 180,000,000.00 | 200,000,000.00 | 180,000,000.00 | 90.00 | Expectedtobedifficulttorecover |
| ShenzhenYaodeTechnologyCo.,Ltd. | 145,562,210.29 | 145,562,210.29 | 146,468,551.71 | 146,468,551.71 | 100.00 | Notexpectedtoberecoverable |
| GuanganOuqishiElectronicTechnologyCo.,Ltd. | 113,140,553.53 | 110,965,942.46 | 113,140,553.53 | 110,965,942.46 | 98.08 | Expectedtobedifficulttorecover |
| ZhongfuTiangongConstructionGroupCo.,Ltd. | 71,389,096.65 | 53,541,822.49 | 71,289,096.65 | 53,466,822.49 | 75.00 | Expectedtobedifficulttorecover |
| GomeCustomization(Tianjin)Home | 59,569,295.02 | 59,569,295.02 | 57,021,975.73 | 57,021,975.73 | 100.00 | Notexpectedtobe |
Name
| Name | Openingbalance | Closingbalance | ||||
| Bookbalance | Provisionforbaddebts | Bookbalance | Provisionforbaddebts | Provisionpercentage(%) | Reasonsfortheprovision | |
| AppliancesCo.,Ltd. | recoverable | |||||
| CCCCFirstHarborEngineeringCompanyLtd. | 55,438,105.00 | 55,438,105.00 | 65,221,300.00 | 65,221,300.00 | 100.00 | Notexpectedtoberecoverable |
| XingdaHongye(Hk)Limited | 51,902,301.95 | 51,902,301.95 | 51,902,301.95 | 51,902,301.95 | 100.00 | Notexpectedtoberecoverable |
| DongguanHighEnergyPolymerMaterialsCo.,Ltd. | 50,699,037.70 | 32,893,535.66 | 50,699,037.70 | 32,893,535.66 | 64.88 | Expectedtobedifficulttorecover |
| ChinaEnergyElectricFuelCo.,Ltd. | 50,000,000.00 | 50,000,000.00 | 49,993,564.16 | 49,993,564.16 | 100.00 | Notexpectedtoberecoverable |
| Others | 505,130,008.20 | 491,063,214.97 | 291,013,296.13 | 225,564,539.37 | 77.51 | Expectedtobedifficulttorecover |
| Total | 1,601,967,285.04 | 1,524,090,371.01 | 1,395,605,627.86 | 1,266,377,364.82 | ||
2）Provisionsetasideforbaddebtsofaccountsreceivablebyportfolio
| Aging | Closingbalance | ||
| Bookbalance | Provisionforbaddebts | Provisionpercentage(%) | |
| Withinoneyear | 1,336,869,720.64 | 27,272,142.13 | 2.04 |
| Onetotwoyears | 327,253,283.46 | 32,790,779.07 | 10.02 |
| Twotothreeyears | 111,580,526.11 | 25,317,621.37 | 22.69 |
| Threetofouryears | 106,521,040.82 | 69,110,851.27 | 64.88 |
| Fourtofiveyears | 16,541,028.26 | 16,541,028.26 | 100.00 |
| Overfiveyears | 180,917,331.43 | 180,917,331.43 | 100.00 |
| Total | 2,079,682,930.72 | 351,949,753.53 | 16.92 |
（3）Provisionforbaddebtsofaccountsreceivablesetaside,recoveredorreclassified
inthecurrentperiod
Category
| Category | Openingbalance | Changeinthecurrentyear | |
| Provision | Recoveryorreclassification | ||
| Provisionforbaddebtsofaccountsreceivable | 1,881,577,964.25 | 50,338,166.41 | 24,347,173.17 |
| Total | 1,881,577,964.25 | 50,338,166.41 | 24,347,173.17 |
(Continued)
| Category | Changeinthecurrentyear | Closingbalance | |
| Charge-offorwrite-off | Decreaseforotherreasons | ||
| Provisionforbaddebtsofaccountsreceivable | 289,241,839.14 | 1,618,327,118.35 | |
| Total | 289,241,839.14 | 1,618,327,118.35 | |
Note:DecreasesforotherreasonswereRMB-1,805,743.22duetoexchangeratechangesandthedecreasebyRMB291,047,582.36duetothelossofcontrollingright.
（4）AccountsreceivableactuallywrittenoffinthecurrentperiodTherearenoactuallywritten-offaccountsreceivableinthisperiod.
（5）TopfiveaccountsreceivableandcontractassetsintheclosingbalancecategorisedbydebtorsThetotalamountofaccountsreceivablewithtopfiveclosingbalancecategorisedbydebtorsinthecurrentperiodwasRMB1,446,160,600.23,accountingfor41.61%ofthetotalclosingbalanceofaccountsreceivable.ThetotalclosingbalanceofprovisionforbaddebtscorrespondinglysetasidewasRMB656,491,796.91.
5.Contractassets
（1）Contractassets
| Item | Closingbalance | Openingbalance | ||||
| Bookbalance | Provisionforbaddebts | Carryingvalue | Bookbalance | Provisionforbaddebts | Carryingvalue | |
| Accountsreceivableforsettleditemsthatarenotunconditionally | 2,769,083.68 | 56,489.31 | 2,712,594.37 | 2,236,000.34 | 45,614.41 | 2,190,385.93 |
Item
| Item | Closingbalance | Openingbalance | ||||
| Bookbalance | Provisionforbaddebts | Carryingvalue | Bookbalance | Provisionforbaddebts | Carryingvalue | |
| paid | ||||||
| Total | 2,769,083.68 | 56,489.31 | 2,712,594.37 | 2,236,000.34 | 45,614.41 | 2,190,385.93 |
（2）Classifiedpresentationofcontractassetsbyprovisioningmethodsofbaddebts
| Category | Closingbalance | ||||
| Bookbalance | Provisionforbaddebts | Carryingvalue | |||
| Amount | Proportion(%) | Amount | Provisionpercentage(%) | ||
| Provisionsetasideforbaddebtsbythesingleitem | |||||
| Provisionsetasideforbaddebtsbyportfolio | |||||
| Ofwhich:Agingportfolio | 2,769,083.68 | 100.00 | 56,489.31 | 2.04 | 2,712,594.37 |
| Subtotalofportfolio | 2,769,083.68 | 100.00 | 56,489.31 | 2.04 | 2,712,594.37 |
| Total | 2,769,083.68 | 100.00 | 56,489.31 | 2.04 | 2,712,594.37 |
Category
| Category | Openingbalance | ||||
| Bookbalance | Provisionforbaddebts | Carryingvalue | |||
| Amount | Proportion(%) | Amount | Provisionpercentage(%) | ||
| Provisionsetasideforbaddebtsbythesingleitem | |||||
| Provisionsetasideforbaddebtsbyportfolio | |||||
| Ofwhich:Agingportfolio | 2,236,000.34 | 100.00 | 45,614.41 | 2.04 | 2,190,385.93 |
| Subtotalofportfolio | 2,236,000.34 | 100.00 | 45,614.41 | 2.04 | 2,190,385.93 |
| Total | 2,236,000.34 | 100.00 | 45,614.41 | 2.04 | 2,190,385.93 |
（3）Provisionsetasideforbaddebtsofcontractassetsbyportfolio
| Aging | Closingbalance |
Bookbalance
| Bookbalance | Provisionforbaddebts | Provisionpercentage(%) | |
| Withinoneyear | 2,769,083.68 | 56,489.31 | 2.04 |
| Total | 2,769,083.68 | 56,489.31 | 2.04 |
（4）Provisionforbaddebtsofcontractassetssetaside,recoveredorreclassifiedinthecurrentperiod
| Item | Provisioninthecurrentperiod | Recoveryorreclassificationinthecurrentperiod | Charge-off/Write-offinthecurrentperiod | Reasons |
| Accountsreceivableforsettleditemsthatarenotunconditionallypaid | 10,874.90 | Normalprovision | ||
| Total | 10,874.90 |
（5）Contractassetsactuallywrittenoffinthecurrentperiod
Therewerenocontractassetsactuallywrittenoffinthecurrentperiod.
6.Accountsreceivablefinancing
| Item | Closingbalance | Openingbalance |
| Notesreceivable | 203,279,738.30 | 173,396,326.14 |
| Total | 203,279,738.30 | 173,396,326.14 |
7.Otheraccountsreceivable
| Item | Closingbalance | Openingbalance |
| Interestreceivable | 7,770,148.68 | 6,681,258.01 |
| Dividendsreceivable | 14,705,644.62 | 941,482.38 |
| Otheraccountsreceivable | 807,052,840.99 | 981,498,327.12 |
| Total | 829,528,634.29 | 989,121,067.51 |
7.1Interestreceivable
| Item | Closingbalance | Openingbalance |
| Interestontermdeposits | 7,770,148.68 | 6,681,258.01 |
| Total | 7,770,148.68 | 6,681,258.01 |
7.2Dividendsreceivable
（1）Categoryofdividendsreceivable
Item(orinvestee)
| Item(orinvestee) | Closingbalance | Openingbalance |
| ShenzhenJielunteTechnologyCo.,Ltd. | 941,482.38 | |
| ChutianDragonCo.,Ltd. | 4,240,444.62 | |
| WuhanTianyuanEnvironmentalProtectionCo.,Ltd. | 10,465,200.00 | |
| Total | 14,705,644.62 | 941,482.38 |
7.3Otherreceivables
（1）Otherreceivablesclassifiedbyaccountnature
| Natureoffund | Bookbalanceattheendoftheperiod | Bookbalanceatthebeginningoftheperiod |
| Depositandmargin | 344,926,113.50 | 1,234,840,210.69 |
| Intercoursefundsamongminorityshareholdersinthebusinessconsolidationnotunderthesamecontrolandrelatedparties | 181,205,407.34 | 179,663,586.05 |
| Energy-savingsubsidiesreceivable | 152,399,342.00 | 152,399,342.00 |
| Others | 2,961,254,595.30 | 1,496,129,924.02 |
| Total | 3,639,785,458.14 | 3,063,033,062.76 |
（2）Otherreceivableslistedbyaging
（3）Classifiedpresentationofotherreceivablesbyprovisioningmethodsofbaddebts
| Category | Closingbalance | ||||
| Bookbalance | Provisionforbaddebts | Carryingvalue | |||
| Amount | Proportion(%) | Amount | Provisionpercentage(%) | ||
Aging
| Aging | Bookbalanceattheendoftheperiod | Bookbalanceatthebeginningoftheperiod |
| Withinoneyear | 69,465,860.34 | 253,550,068.51 |
| Onetotwoyears | 84,541,478.76 | 77,519,916.42 |
| Twotothreeyears | 365,391,923.70 | 551,521,166.18 |
| Threetofouryears | 835,835,984.39 | 690,507,047.29 |
| Fourtofiveyears | 534,137,348.24 | 1,092,957,617.71 |
| Overfiveyears | 1,750,412,862.71 | 396,977,246.65 |
| Total | 3,639,785,458.14 | 3,063,033,062.76 |
Category
| Category | Closingbalance | ||||
| Bookbalance | Provisionforbaddebts | Carryingvalue | |||
| Amount | Proportion(%) | Amount | Provisionpercentage(%) | ||
| Otherreceivablesofexpectedcreditlossessetasidebysingleitem | 2,540,492,875.97 | 69.80 | 2,241,666,571.98 | 88.24 | 298,826,303.99 |
| Otherreceivablesofprovisionforbaddebtssetasidebycreditriskcharacteristicportfolio: | |||||
| Ofwhich:Agingportfolio | 961,885,583.89 | 26.42 | 560,823,547.39 | 58.30 | 401,062,036.50 |
| Low-riskportfolio | 137,406,998.28 | 3.78 | 30,242,497.78 | 22.01 | 107,164,500.50 |
| Subtotalofportfolio | 1,099,292,582.17 | 30.20 | 591,066,045.17 | 53.77 | 508,226,537.00 |
| Total | 3,639,785,458.14 | 100.00 | 2,832,732,617.15 | 77.83 | 807,052,840.99 |
(Continued)
| Category | Openingbalance | ||||
| Bookbalance | Provisionforbaddebts | Carryingvalue | |||
| Amount | Proportion(%) | Amount | Provisionpercentage(%) | ||
| Otherreceivablesofexpectedcreditlossessetasidebysingleitem | 1,960,682,465.29 | 64.01 | 1,644,122,039.53 | 83.85 | 316,560,425.76 |
| Otherreceivablesofprovisionforbaddebtssetasidebycreditriskcharacteristicportfolio: | |||||
| Ofwhich:Agingportfolio | 975,322,848.99 | 31.84 | 413,933,906.39 | 42.44 | 561,388,942.60 |
| Low-riskportfolio | 127,027,748.48 | 4.15 | 23,478,789.72 | 18.48 | 103,548,958.76 |
| Subtotalofportfolio | 1,102,350,597.47 | 35.99 | 437,412,696.11 | 39.68 | 664,937,901.36 |
| Total | 3,063,033,062.76 | 100.00 | 2,081,534,735.64 | 67.96 | 981,498,327.12 |
1）Provisionsetasideforbaddebtsofotherreceivablesbyportfolio
Aging
| Aging | Closingbalance | ||
| Bookbalance | Provisionforbaddebts | Provisionpercentage(%) | |
| Withinoneyear | 54,240,251.77 | 837,915.76 | 1.54 |
| Onetotwoyears | 56,548,914.22 | 2,984,352.63 | 5.28 |
| Twotothreeyears | 260,548,432.36 | 54,329,136.75 | 20.85 |
| Threetofouryears | 535,245,817.07 | 343,779,819.69 | 64.23 |
| Fourtofiveyears | 58,706,234.60 | 55,131,888.19 | 93.91 |
| Overfiveyears | 134,002,932.15 | 134,002,932.15 | 100.00 |
| Total | 1,099,292,582.17 | 591,066,045.17 | 53.77 |
2）Provisionsetasideforbaddebtsofotherreceivablesbythegeneralexpectedcreditlossmodel
| Provisionforbaddebts | PhaseI | PhaseII | PhaseIII | Total |
| Expectedcreditlossforthenext12months | Expectedcreditlossduringthewholeoutstandingmaturity(withoutcreditimpairment) | Expectedcreditlossduringthewholeoutstandingmaturity(withcreditimpairment) | ||
| Balanceasof1January2024 | 1,443,228.60 | 435,969,467.51 | 1,644,122,039.53 | 2,081,534,735.64 |
| Balanceasof1January2024inthecurrentperiod | -756,286.95 | 740,212.80 | 16,074.15 | |
| --TransferredtoPhaseII | -756,286.95 | 756,286.95 | ||
| --TransferredtoPhaseIII | -16,074.15 | 16,074.15 | ||
| --ReclassifiedunderPhaseII | ||||
| --ReclassifiedunderPhaseI | ||||
| Provisioninthecurrentperiod | 153,571,711.07 | 1,541,821.29 | 155,113,532.36 | |
| Recoveryinthecurrentperiod | 1,119,050.04 | -44,896.70 | 16,967,374.68 | 18,041,528.02 |
Provisionforbaddebts
| Provisionforbaddebts | PhaseI | PhaseII | PhaseIII | Total |
| Expectedcreditlossforthenext12months | Expectedcreditlossduringthewholeoutstandingmaturity(withoutcreditimpairment) | Expectedcreditlossduringthewholeoutstandingmaturity(withcreditimpairment) | ||
| Charge-offinthecurrentperiod | ||||
| Write-offinthecurrentperiod | ||||
| Otherchanges | 1,270,024.15 | -98,158.67 | 612,954,011.69 | 614,125,877.17 |
| Balanceasat30June2024 | 837,915.76 | 590,228,129.41 | 2,241,666,571.98 | 2,832,732,617.15 |
Note:Thefirststageisthatcreditriskhasnotincreasedsignificantlysinceinitialrecognition.Forotherreceivableswithanagingportfolioandalow-riskportfoliowithinoneyear,thelossprovisionismeasuredaccordingtotheexpectedcreditlossesinthenext12months.Thesecondstageisthatcreditriskhasincreasedsignificantlysinceinitialrecognitionbutcreditimpairmenthasnotyetoccurred.Forotherreceivableswithanagingportfolioandalow-riskportfoliothatexceedoneyear,thelossprovisionismeasuredbasedontheexpectedcreditlossesfortheentireduration.Thethirdstageisthecreditimpairmentafterinitialconfirmation.Forotherreceivablesofcreditimpairmentthathaveoccurred,thelossprovisionismeasuredaccordingtothecreditlossesthathaveoccurredthroughouttheduration.
（4）Provisionforbaddebtsofotherreceivablessetaside,recoveredorreclassifiedinthecurrentperiod
| Category | Openingbalance | Changeinthecurrentperiod | Closingbalance | |||
| Provision | Recoveryorreclassification | Charge-offorwrite-off | Others | |||
| Provisionforbaddebtsofotherreceivables | 2,081,534,735.64 | 155,113,532.36 | 18,041,528.02 | -614,125,877.17 | 2,832,732,617.15 | |
| Total | 2,081,534,735.64 | 155,113,532.36 | 18,041,528.02 | -614,125,877.17 | 2,832,732,617.15 | |
Note:DecreasesforotherreasonswereRMB-1,330,923.76duetoexchangeratechangesandthedecreasebyRMB612,794,944.33duetothelossofcontrollingright.
（5）Otherreceivablesactuallywrittenoffinthecurrentperiod
TherewerenootherreceivablesactuallywrittenofffortheReportingPeriod.
（6）TopfiveotheraccountsreceivableintheclosingbalancecategorisedbydebtorsThetotalamountofotherreceivableswithtopfiveclosingbalancecategorisedbydebtorsinthecurrentyearwasRMB2,986,256,781.60,accountingfor82.04%ofthetotalclosingbalanceofotherreceivables.ThetotalclosingbalanceofprovisionforbaddebtscorrespondinglysetasidewasRMB2,370,741,736.67.
8.Prepayments
（1）Ageofprepayments
Item
| Item | Closingbalance | Openingbalance | ||
| Amount | Proportion(%) | Amount | Proportion(%) | |
| Withinoneyear | 85,269,826.19 | 61.25 | 114,332,392.60 | 69.10 |
| Onetotwoyears | 10,668,862.35 | 7.66 | 827,985.04 | 0.50 |
| Twotothreeyears | 41,876,819.11 | 30.08 | 46,545,996.66 | 28.13 |
| Overthreeyears | 1,403,791.35 | 1.01 | 3,747,937.21 | 2.27 |
| Total | 139,219,299.00 | 100.00 | 165,454,311.51 | 100.00 |
Note:TheamountofadvancedpaymentsagedoveroneyearattheendoftheperiodisRMB53,949,472.81,accountingfor38.75%ofthetotalbalanceofadvancedpaymentsoftheCompany,andconsistsmainlyofunavailabilityoffundsorunsettledpayments.
（2）TopfiveprepaymentsintheclosingbalancecategorisedbypayeesThetotalamountofprepaymentswithtopfiveclosingbalancecategorisedbypayeeswasRMB102,365,394.64,accountingfor73.53%ofthetotalclosingbalanceofprepayments.
9.Inventory
（1）Inventoryclassification
| Item | Closingbalance | ||
| Bookbalance | Provisionforinventoryimpairment/forcontractfulfilmentcostimpairment | Carryingvalue | |
| Rawmaterials | 732,595,142.46 | 75,967,089.52 | 656,628,052.94 |
Item
| Item | Closingbalance | ||
| Bookbalance | Provisionforinventoryimpairment/forcontractfulfilmentcostimpairment | Carryingvalue | |
| Semi-finishedproducts | 101,913,886.80 | 46,991,125.84 | 54,922,760.96 |
| Commoditiesinstock | 2,656,510,493.28 | 465,581,487.44 | 2,190,929,005.84 |
| Commissionedproducts | 2,218,974.86 | 212,731.64 | 2,006,243.22 |
| Developmentcosts | 500,050,965.12 | 500,050,965.12 | |
| Total | 3,993,289,462.52 | 588,752,434.44 | 3,404,537,028.08 |
(Continued)
| Item | Openingbalance | ||
| Bookbalance | Provisionforinventoryimpairment/forcontractfulfilmentcostimpairment | Carryingvalue | |
| Rawmaterials | 593,131,602.70 | 86,829,664.81 | 506,301,937.89 |
| Semi-finishedproducts | 96,408,258.96 | 41,741,196.19 | 54,667,062.77 |
| Commoditiesinstock | 2,636,678,840.40 | 490,032,803.73 | 2,146,646,036.67 |
| Commissionedproducts | 1,934,264.95 | 211,225.91 | 1,723,039.04 |
| Developmentcosts | 540,559,624.61 | 540,559,624.61 | |
| Total | 3,868,712,591.62 | 618,814,890.64 | 3,249,897,700.98 |
（2）Inventoryfallingpricereservesandimpairmentprovisionofcontractperformancecosts
| Item | Openingbalance | Increaseinthecurrentyear | |
| Withdrawal | Others | ||
| Rawmaterials | 86,829,664.81 | 13,078,363.92 | |
| Semi-finishedproducts | 41,741,196.19 | 9,074,809.14 | |
| Commoditiesinstock | 490,032,803.73 | 58,956,623.28 | |
| Commissionedproducts | 211,225.91 | ||
| Total | 618,814,890.64 | 81,109,796.34 | |
(Continued)
Item
| Item | Decreaseinthecurrentyear | Closingbalance | |
| Write-off | Others | ||
| Rawmaterials | 23,902,301.61 | 38,637.60 | 75,967,089.52 |
| Semi-finishedproducts | 3,824,879.49 | 46,991,125.84 | |
| Commoditiesinstock | 82,450,133.39 | 957,806.18 | 465,581,487.44 |
| Commissionedproducts | -1,505.73 | 212,731.64 | |
| Total | 110,177,314.49 | 994,938.05 | 588,752,434.44 |
SpecificbasisfordeterminingtherealisablenetvalueandreasonsforinventoryfallingpricereservesandimpairmentprovisionforcontractperformancecoststransferredbackorwrittenoffduringtheReportingPeriod:
| Item | Specificbasisforwithdrawalofinventoryfallingpricereserves | Reasonsforcharge-offofprovisionforinventoriesimpairmentinthecurrentyear |
| Rawmaterials | Therealisablenetvaluewaslowerthanthecarryingvalue | Theyhavebeensoldorusedinthecurrentperiod |
| Semi-finishedproducts | Therealisablenetvaluewaslowerthanthecarryingvalue | Theyhavebeensoldorusedinthecurrentperiod |
| Commoditiesinstock | Therealisablenetvaluewaslowerthanthecarryingvalue | Theyhavebeensoldinthecurrentperiod |
10.Othercurrentassets
| Item | Closingbalance | Openingbalance |
| Principalandinterestsofentrustedloanstoassociatedenterprises | 1,789,416,914.11 | 1,744,123,316.97 |
| Prepaymentsanddeductibletaxes,andrefundoftaxforexportreceivable | 525,792,569.13 | 569,875,346.61 |
| Deferredexpenses | 31,816,213.30 | 28,112,001.12 |
| Costsreceivableforreturninggoods | 14,031,714.93 | 15,925,346.67 |
| Others | 757,591.13 | 1,123,457.38 |
| Total | 2,361,815,002.60 | 2,359,159,468.75 |
13.Long-termequityinvestment
Investee
| Investee | Openingbalance | Changesinthecurrentperiod | ||||
| Increaseintheinvestment | Decreaseintheinvestment | Costmethodtoequitymethod | Profitorlossofinvestmentrecognisedbytheequitymethod | Changesinothercomprehensiveincome | ||
| KonkaVenturesDevelopment(Shenzhen)Co.,Ltd. | 5,004,579.62 | 109,011.09 | ||||
| NanjingZhihuiguangInformationTechnologyResearchInstituteCo.,Ltd. | 2,019,287.36 | 22,211.40 | ||||
| FeidiTechnology(Shenzhen)Co.,Ltd. | 10,706,907.72 | 3,224,155.07 | ||||
| ShenzhenKangyueEnterpriseCo.,Ltd. | ||||||
| FoshanZhujiangMediaCreativeParkCulturalDevelopmentCo.,Ltd. | ||||||
| KangkaiTechnologyService(Chengdu)Co.,Ltd. | 114,193.79 | 10,500.00 | ||||
| PuchuangJiakangTechnologyCo,Ltd. | 2,716,274.71 | 462,390.15 | ||||
| ShenzhenJielunteTechnologyCo.,Ltd. | 94,917,575.00 | -6,341,750.17 | ||||
| PanxuIntelligenceCo.,Ltd. | 48,686,477.11 | -1,154,019.69 | ||||
| OrientExcellent(Zhuhai)AssetManagementCo.,Ltd. | 8,198,574.99 | 429,295.82 | ||||
| DongfangJiakangNo.1(Zhuhai)PrivateEquityInvestmentFund(LP) | 338,089,300.42 | 1,768,886.32 | 906,768.44 | |||
Investee
| Investee | Openingbalance | Changesinthecurrentperiod | ||||
| Increaseintheinvestment | Decreaseintheinvestment | Costmethodtoequitymethod | Profitorlossofinvestmentrecognisedbytheequitymethod | Changesinothercomprehensiveincome | ||
| TongxiangWuzhenKunyuVentureCapitalInvestmentCo.,Ltd. | 3,524,037.08 | 1,940.11 | ||||
| ShenzhenRF-LlinkTechnologyCo.,Ltd. | ||||||
| AnhuiKaikaiShijieE-commerceCo.,Ltd. | 418,814,414.98 | -5,828,645.96 | ||||
| KunshanKangshengInvestmentDevelopmentCo.,Ltd. | 207,333,483.86 | -3,336,356.30 | ||||
| ShanxiSilkRoadCloudIntelligentTechCo.,Ltd. | 5,187,588.48 | -669,600.90 | ||||
| ShenzhenKanghongxingIntelligentTechnologyCo.,Ltd. | ||||||
| ShenzhenZhongkangBeidouTechnologyCo.,Ltd.(formerlynamed:ShenzhenZhongbingKonkaTechnologyCo.,Ltd.) | ||||||
| ShenzhenYaodeTechnologyCo.,Ltd. | ||||||
| WuhanTianyuanEnvironmentalProtectionCo.,Ltd. | 512,729,351.11 | 17,245,673.07 | ||||
| ChuzhouKonkaTechnologyIndustryDevelopmentCo.,Ltd. | 39,335,548.57 | -4,638,032.20 | ||||
| ChuzhouKangjinHealthIndustrialDevelopmentCo.,Ltd. | 239,037,618.98 | -3,469,664.26 | ||||
Investee
| Investee | Openingbalance | Changesinthecurrentperiod | ||||
| Increaseintheinvestment | Decreaseintheinvestment | Costmethodtoequitymethod | Profitorlossofinvestmentrecognisedbytheequitymethod | Changesinothercomprehensiveincome | ||
| NantongKangjianTechnologyIndustrialParkOperationsandManagementCo.,Ltd. | 107,310,029.86 | |||||
| ChuzhouKangxinHealthIndustryDevelopmentCo.,Ltd. | 180,752,809.79 | -1,100,714.21 | ||||
| DongguanGuankangYuhongInvestmentCo.,Ltd. | 501,408,938.92 | -13,062,060.07 | ||||
| ShenzhenMorsemiSemiconductorTechnologyCo.,Ltd. | ||||||
| ShandongEconTechnologyCo.,Ltd. | 1,130,575,773.36 | |||||
| DongguanKangjiaNewMaterialsTechnologyCo.,Ltd.. | 6,857,694.77 | 2,886.15 | ||||
| ChongqingE2infoTechnologyCo.,Ltd. | 1,048,983,188.06 | 10,939,004.61 | ||||
| YantaiKangyunIndustrialDevelopmentCo.,Ltd. | 65,884,386.16 | -2,727,492.22 | ||||
| E3info(Hainan)TechnologyCo.,Ltd. | 30,715,678.97 | |||||
| ShenzhenKangjiaJiapinIntelligentElectricalApparatusTechnologyCo.,Ltd. | 7,090,590.47 | -480,528.54 | ||||
| ShenzhenKONKAE-displayCo.,Ltd. | 85,057,438.63 | 1,799,918.18 | ||||
| ChongqingYuanlvBenpaoRealEstate | 28,089,915.82 | -1,351,812.31 | ||||
Investee
| Investee | Openingbalance | Changesinthecurrentperiod | ||||
| Increaseintheinvestment | Decreaseintheinvestment | Costmethodtoequitymethod | Profitorlossofinvestmentrecognisedbytheequitymethod | Changesinothercomprehensiveincome | ||
| Co.,Ltd. | ||||||
| ShenzhenKangpengDigitalTechnologyCo.,Ltd. | 1,770,021.01 | -345,320.82 | ||||
| YantaiKangtangConstructionDevelopmentCo.,Ltd. | 862,394.07 | 87,749.85 | ||||
| DongguanKonkaSmartElectronicTechnologyCo.,Ltd. | 24,124,143.70 | -3,070,775.78 | ||||
| ShenzhenAimijiakangTechnologyCo.,Ltd. | 1,173,870.57 | -98,033.64 | ||||
| BeijingKonkaJingyuanTechnologyCo.,Ltd. | 703,703.42 | |||||
| ChongqingLiangshanEnterpriseManagementCo.,Ltd. | 178,368.53 | 9,427.45 | ||||
| ShenzhenKangxiTechnologyInnovationDevelopmentCo.,Ltd. | 1,026,306.07 | 6,387.02 | ||||
| ShandongKangfeiIntelligentElectricalAppliancesCo.,Ltd. | 245,911.63 | |||||
| HenanKangfeiIntelligentElectricApplianceCo.,Ltd. | 1,939,694.34 | -18,408.41 | ||||
| GuangdongKangyuanSemiconductorCo.,Ltd. | 9,957,207.04 | -1,776,663.77 | ||||
Investee
| Investee | Openingbalance | Changesinthecurrentperiod | ||||
| Increaseintheinvestment | Decreaseintheinvestment | Costmethodtoequitymethod | Profitorlossofinvestmentrecognisedbytheequitymethod | Changesinothercomprehensiveincome | ||
| ChongqingKangyiqingTechnologyCo.,Ltd. | 633,719.09 | -300,000.00 | ||||
| ZhejiangKangyingSemiconductorTechnologyCo.,Ltd.(formally:ShenzhenKangyingSemiconductorTechnologyCo.,Ltd.) | 19,339,655.22 | -1,145,348.00 | -84,875.89 | |||
| KKSmartechLimited | 1,612,150.56 | -8,552.93 | ||||
| ChongqingKangjianPhotoelectricTechnologyCo.,Ltd. | 8,329,131.78 | -2,160,000.00 | ||||
| AnhuiKangtaSupplyChainManagementCo.,Ltd. | 17,256,599.85 | -236,863.48 | ||||
| WuhanKangtangInformationTechnologyCo.,Ltd. | 25,757,222.60 | -848,227.42 | ||||
| SichuanChengruiRealEstateCo.,Ltd. | 31,708,992.07 | -3,935,564.36 | ||||
| KonkaIndustrialDevelopment(Wuhan)Co.,Ltd. | 42,134,231.89 | -1,425,590.64 | ||||
| HefeiKONSEMIStorageTechnologyCo.,Ltd. | 188,654,285.66 | -12,222,171.62 | 956.66 | |||
| Xi'anKang'anIntelligentStorageTechnologyCo.,Ltd. | 6,000,000.00 | -183,110.10 | ||||
| SichuanHongxinchenRealEstate | 53,934,595.60 | |||||
Investee
| Investee | Openingbalance | Changesinthecurrentperiod | ||||
| Increaseintheinvestment | Decreaseintheinvestment | Costmethodtoequitymethod | Profitorlossofinvestmentrecognisedbytheequitymethod | Changesinothercomprehensiveincome | ||
| DevelopmentCo.,Ltd. | ||||||
| KonkaHuanjiaEnvironmentalTechnologyCo.,Ltd. | ||||||
| Total | 5,566,483,863.29 | 1,768,886.32 | -36,677,989.39 | -83,919.23 | ||
(Continued)
| Investee | Changesinthecurrentperiod | Closingbalance | Closingbalanceoftheprovisionforimpairment | |||
| Changesinotherequities | Cashdividendsorprofitsdeclaredtobedistributed | Provisionsetasideforimpairment | Others | |||
| KonkaVenturesDevelopment(Shenzhen)Co.,Ltd. | 55,392.38 | 5,058,198.33 | ||||
| NanjingZhihuiguangInformationTechnologyResearchInstituteCo.,Ltd. | 17,358.62 | 2,024,140.14 | ||||
| FeidiTechnology(Shenzhen)Co.,Ltd. | 13,931,062.79 | |||||
| ShenzhenKangyueEnterpriseCo.,Ltd. | 24,977,328.88 | |||||
| FoshanZhujiangMediaCreativeParkCulturalDevelopmentCo.,Ltd. | ||||||
| KangkaiTechnologyService(Chengdu)Co.,Ltd. | 124,693.79 | |||||
| PuchuangJiakangTechnologyCo,Ltd. | 3,178,664.86 | |||||
Investee
| Investee | Changesinthecurrentperiod | Closingbalance | Closingbalanceoftheprovisionforimpairment | |||
| Changesinotherequities | Cashdividendsorprofitsdeclaredtobedistributed | Provisionsetasideforimpairment | Others | |||
| ShenzhenJielunteTechnologyCo.,Ltd. | 88,575,824.83 | |||||
| PanxuIntelligenceCo.,Ltd. | 47,532,457.42 | |||||
| OrientExcellent(Zhuhai)AssetManagementCo.,Ltd. | 8,627,870.81 | |||||
| DongfangJiakangNo.1(Zhuhai)PrivateEquityInvestmentFund(LP) | 730,916.13 | 336,496,266.41 | ||||
| TongxiangWuzhenKunyuVentureCapitalInvestmentCo.,Ltd. | 3,525,977.19 | |||||
| ShenzhenRF-LlinkTechnologyCo.,Ltd. | 85,656,027.35 | |||||
| AnhuiKaikaiShijieE-commerceCo.,Ltd. | 412,985,769.02 | |||||
| KunshanKangshengInvestmentDevelopmentCo.,Ltd. | 7,350,000.00 | 196,647,127.56 | ||||
| ShanxiSilkRoadCloudIntelligentTechCo.,Ltd. | 4,517,987.58 | |||||
| ShenzhenKanghongxingIntelligentTechnologyCo.,Ltd. | 12,660,222.73 | |||||
| ShenzhenZhongkangBeidouTechnologyCo.,Ltd.(formerlynamed:ShenzhenZhongbingKonkaTechnologyCo.,Ltd.) | ||||||
Investee
| Investee | Changesinthecurrentperiod | Closingbalance | Closingbalanceoftheprovisionforimpairment | |||
| Changesinotherequities | Cashdividendsorprofitsdeclaredtobedistributed | Provisionsetasideforimpairment | Others | |||
| ShenzhenYaodeTechnologyCo.,Ltd. | 214,559,469.35 | |||||
| WuhanTianyuanEnvironmentalProtectionCo.,Ltd. | -11,288,034.03 | 10,465,200.00 | 508,221,790.15 | |||
| ChuzhouKonkaTechnologyIndustryDevelopmentCo.,Ltd. | 34,697,516.37 | |||||
| ChuzhouKangjinHealthIndustrialDevelopmentCo.,Ltd. | 235,567,954.72 | |||||
| NantongKangjianTechnologyIndustrialParkOperationsandManagementCo.,Ltd. | 107,310,029.86 | |||||
| ChuzhouKangxinHealthIndustryDevelopmentCo.,Ltd. | 179,652,095.58 | |||||
| DongguanGuankangYuhongInvestmentCo.,Ltd. | 488,346,878.85 | |||||
| ShenzhenMorsemiSemiconductorTechnologyCo.,Ltd. | ||||||
| ShandongEconTechnologyCo.,Ltd. | 1,130,575,773.36 | 81,806,510.02 | ||||
| DongguanKangjiaNewMaterialsTechnologyCo.,Ltd. | 6,860,580.92 | |||||
| ChongqingE2infoTechnologyCo.,Ltd. | 1,059,922,192.67 | |||||
Investee
| Investee | Changesinthecurrentperiod | Closingbalance | Closingbalanceoftheprovisionforimpairment | |||
| Changesinotherequities | Cashdividendsorprofitsdeclaredtobedistributed | Provisionsetasideforimpairment | Others | |||
| YantaiKangyunIndustrialDevelopmentCo.,Ltd. | 63,156,893.94 | |||||
| E3info(Hainan)TechnologyCo.,Ltd. | 4,000,000.00 | 26,715,678.97 | ||||
| ShenzhenKangjiaJiapinIntelligentElectricalApparatusTechnologyCo.,Ltd. | 6,610,061.93 | |||||
| ShenzhenKONKAE-displayCo.,Ltd. | 86,857,356.81 | |||||
| ChongqingYuanlvBenpaoRealEstateCo.,Ltd. | 26,738,103.51 | |||||
| ShenzhenKangpengDigitalTechnologyCo.,Ltd. | 1,424,700.19 | |||||
| YantaiKangtangConstructionDevelopmentCo.,Ltd. | 950,143.92 | |||||
| DongguanKonkaSmartElectronicTechnologyCo.,Ltd. | 21,053,367.92 | |||||
| ShenzhenAimijiakangTechnologyCo.,Ltd. | 1,075,836.93 | |||||
| BeijingKonkaJingyuanTechnologyCo.,Ltd. | 703,703.42 | |||||
| ChongqingLiangshanEnterpriseManagementCo.,Ltd. | 187,795.98 | |||||
Investee
| Investee | Changesinthecurrentperiod | Closingbalance | Closingbalanceoftheprovisionforimpairment | |||
| Changesinotherequities | Cashdividendsorprofitsdeclaredtobedistributed | Provisionsetasideforimpairment | Others | |||
| ShenzhenKangxiTechnologyInnovationDevelopmentCo.,Ltd. | 1,032,693.09 | |||||
| ShandongKangfeiIntelligentElectricalAppliancesCo.,Ltd. | 245,911.63 | 245,911.63 | ||||
| HenanKangfeiIntelligentElectricApplianceCo.,Ltd. | 1,921,285.93 | |||||
| GuangdongKangyuanSemiconductorCo.,Ltd. | 8,180,543.27 | |||||
| ChongqingKangyiqingTechnologyCo.,Ltd. | 333,719.09 | |||||
| ZhejiangKangyingSemiconductorTechnologyCo.,Ltd.(formally:ShenzhenKangyingSemiconductorTechnologyCo.,Ltd.) | 18,109,431.33 | |||||
| KKSmartechLimited | 1,603,597.63 | |||||
| ChongqingKangjianPhotoelectricTechnologyCo.,Ltd. | 6,169,131.78 | |||||
| AnhuiKangtaSupplyChainManagementCo.,Ltd. | 17,019,736.37 | |||||
| WuhanKangtangInformationTechnologyCo.,Ltd. | 24,908,995.18 | |||||
| SichuanChengruiRealEstateCo.,Ltd. | 27,773,427.71 | |||||
Investee
| Investee | Changesinthecurrentperiod | Closingbalance | Closingbalanceoftheprovisionforimpairment | |||
| Changesinotherequities | Cashdividendsorprofitsdeclaredtobedistributed | Provisionsetasideforimpairment | Others | |||
| KonkaIndustrialDevelopment(Wuhan)Co.,Ltd. | 40,708,641.25 | |||||
| HefeiKONSEMIStorageTechnologyCo.,Ltd. | 6,498,827.39 | 182,931,898.09 | ||||
| Xi'anKang'anIntelligentStorageTechnologyCo.,Ltd. | 5,816,889.90 | |||||
| SichuanHongxinchenRealEstateDevelopmentCo.,Ltd. | 53,934,595.60 | |||||
| KonkaHuanjiaEnvironmentalTechnologyCo.,Ltd. | 91,800,000.00 | |||||
| Total | -4,789,206.64 | 22,618,867.13 | 245,911.63 | 5,500,299,082.95 | 511,705,469.96 | |
12.Otherequityinstrumentinvestments
12.1Otherequityinstrumentinvestments
Item
| Item | Closingbalance | Openingbalance |
| ShenzhenTianyilianScience&TechnologyCo.,Ltd. | ||
| BeijingHuyuDigitalTechnologyCo.,Ltd. | 5,901,121.80 | 5,901,121.80 |
| FeihongElectronicsCo.,Ltd. | ||
| ZAEFI | ||
| ShenzhenChuangceInvestmentDevelopmentCo.,Ltd. | ||
| ShanlianInformationTechnologyEngineeringCentre | 1,860,809.20 | 1,860,809.20 |
| ShenzhenCIUScience&TechnologyCo.,Ltd. | 953,000.00 | 953,000.00 |
| ShenzhenDigitalTVNationalEngineeringLaboratoryCo.,Ltd. | 7,726,405.16 | 7,726,405.16 |
| ShanghaiNationalEngineeringResearchCentreofDigitalTVCo.,Ltd. | 2,400,000.00 | 2,400,000.00 |
| BOHUAUHD | 5,000,001.00 | 5,000,001.00 |
| Total | 23,841,337.16 | 23,841,337.16 |
12.2Investmentsinnon-tradingequityinstrumentsinthecurrentperiod
Item
| Item | Dividendincomerecognisedinthecurrentperiod | Accumulativegains | Accumulativelosses | Amountofothercomprehensiveincometransferredtoretainedearnings | Reasonforassigningtomeasureinfairvalueofwhichchangesincludedothercomprehensiveincome | Reasonforothercomprehensiveincometransferredtoretainedearnings |
| ShenzhenTianyilianScience&TechnologyCo.,Ltd. | 4,800,000.00 | Long-termholdingbasedonstrategicpurpose | ||||
| BeijingHuyuDigitalTechnologyCo.,Ltd. | 98,878.20 | Long-termholdingbasedonstrategicpurpose | ||||
| FeihongElectronicsCo.,Ltd. | 1,300,000.00 | Long-termholdingbasedonstrategicpurpose | ||||
| ZAEFI | 100,000.00 | Long-termholdingbasedonstrategicpurpose | ||||
| ShenzhenChuangceInvestmentDevelopmentCo.,Ltd. | 485,000.00 | Long-termholdingbasedonstrategicpurpose | ||||
| ShanlianInformationTechnologyEngineeringCentre | 3,139,190.80 | Long-termholdingbasedonstrategicpurpose | ||||
| ShenzhenCIUScience&TechnologyCo.,Ltd. | 200,000.00 | Long-termholdingbasedonstrategicpurpose | ||||
| ShenzhenDigitalTVNationalEngineeringLaboratoryCo.,Ltd. | 1,273,594.84 | Long-termholdingbasedonstrategicpurpose | ||||
| ShanghaiNationalEngineeringResearchCentreofDigitalTVCo.,Ltd. | Long-termholdingbasedonstrategicpurpose | |||||
| BOHUAUHD | Long-termholdingbasedon |
Item
| Item | Dividendincomerecognisedinthecurrentperiod | Accumulativegains | Accumulativelosses | Amountofothercomprehensiveincometransferredtoretainedearnings | Reasonforassigningtomeasureinfairvalueofwhichchangesincludedothercomprehensiveincome | Reasonforothercomprehensiveincometransferredtoretainedearnings |
| strategicpurpose | ||||||
| Total | 11,396,663.84 |
13.Othernon-currentfinancialassets
Item
| Item | Closingbalance | Openingbalance |
| ChinaAssetManagement-JiayiOverseasDesignatedPlan | 200,732,067.00 | 200,732,067.00 |
| TianjinHuachengPropertyDevelopmentCo.,Ltd. | 1,000,000.00 | 1,000,000.00 |
| TianjinPropertyNo.8EnterpriseManagementPartnership(LimitedPartnership) | 28,540,777.26 | 28,540,777.26 |
| CCBTrust-CaiDieNo.6PropertyRightsTrustScheme | 66,080,293.70 | 66,080,293.70 |
| DayeTrustCo.,Ltd. | 100,000,000.00 | 100,000,000.00 |
| YibinOCTSanjiangPropertiesCo.,Ltd. | 199,774,696.09 | 199,774,696.09 |
| KunshanXinjiaEmergingIndustryEquityInvestmentFundPartnership(LimitedPartnership) | 230,264,035.04 | 231,190,200.00 |
| TongxiangWuzhenJiayuDigitalEconomyIndustryEquityInvestmentPartnership(LimitedPartnership) | 198,129,473.88 | 201,451,000.00 |
| YibinKanghuiElectronicInformationIndustryEquityInvestmentPartnership(LimitedPartnership) | 60,292,296.39 | 60,292,000.00 |
| ChuzhouJiachenInformationTechnologyConsultingServicePartnership(LimitedPartnership) | 59,700,013.59 | 59,700,013.59 |
| YanchengKangyanInformationIndustryInvestmentPartnership(LimitedPartnership) | 140,082,317.80 | 162,937,428.56 |
| ChongqingKangxinEquityInvestmentFundLimitedPartnership(LimitedPartnership) | 155,692,673.16 | 155,691,200.00 |
| ShenzhenKanghuijiaTechnologyCo.,Ltd. | 7,684.53 | 7,684.53 |
| Subtotalofequityinvestments | 1,440,296,328.44 | 1,467,397,360.73 |
| NingboYuanqingNo.9InvestmentPartnership | 148,855,198.11 | 148,855,198.11 |
Item
| Item | Closingbalance | Openingbalance |
| ShenzhenBeihuTechnologyPartnership(LimitedPartnership) | 59,735,232.88 | 59,735,232.88 |
| ShanxiKangmengrongEnterpriseManagementConsultingPartnership(LimitedPartnership) | 8,520,728.55 | 9,163,411.30 |
| NanjingKangfengDejiaAssetManagementPartnership(LimitedPartnership) | 100,000,000.00 | 100,000,000.00 |
| ShenzhenGaohongEnterpriseConsultingManagementPartnership(LimitedPartnership) | 114,815,791.63 | 109,739,999.99 |
| ShenzhenZitangNo.1EnterpriseConsultingManagementPartnership(LimitedPartnership) | 99,000,000.00 | 99,000,000.00 |
| Xi'anBihuijiaEnterpriseManagementConsultingPartnership(LimitedPartnership) | 14,685,194.12 | 15,785,194.99 |
| Subtotalofdebtinvestments | 545,612,145.29 | 542,279,037.27 |
| Total | 1,985,908,473.73 | 2,009,676,398.00 |
14.Investmentproperty
（1）Investmentpropertiesmeasuredatcost
| Item | Landuseright | Propertiesandbuildings | Total |
| I.Originalcarryingvalue | |||
| 1.Openingbalance | 91,837,689.30 | 1,558,110,727.67 | 1,649,948,416.97 |
| 2.Increaseinthecurrentperiod | 10,542,998.55 | 62,056,444.27 | 72,599,442.82 |
| (1)Externalpurchase | |||
| (2)Fixedassets\constructioninprogress\transferofintangibleassets | 10,542,998.55 | 62,056,444.27 | 72,599,442.82 |
Item
| Item | Landuseright | Propertiesandbuildings | Total |
| 3.Decreaseinthecurrentperiod | |||
| (1)Disposal | |||
| (2)Othertransferout | |||
| 4.Closingbalance | 102,380,687.85 | 1,620,167,171.94 | 1,722,547,859.79 |
| II.Theaccumulativedepreciationandaccumulativeamortisation | |||
| 1.Openingbalance | 21,541,632.80 | 158,180,060.30 | 179,721,693.10 |
| 2.Increaseinthecurrentperiod | 1,366,075.68 | 24,522,087.58 | 25,888,163.26 |
| (1)Provisionoramortisation | 1,366,075.68 | 24,522,087.58 | 25,888,163.26 |
| 3.Decreaseinthecurrentperiod | |||
| (1)Disposal | |||
| (2)Othertransferout | |||
| 4.Closingbalance | 22,907,708.48 | 182,702,147.88 | 205,609,856.36 |
| III.Provisionforimpairment | |||
| 1.Openingbalance | |||
| 2.Increaseinthecurrentperiod | |||
| (1)Provision | |||
| 3.Decreaseinthecurrentperiod |
Item
| Item | Landuseright | Propertiesandbuildings | Total |
| (1)Disposal | |||
| (2)Othertransferout | |||
| 4.Closingbalance | |||
| IV.Carryingvalue | |||
| 1.Closingcarryingvalue | 79,472,979.37 | 1,437,465,024.06 | 1,516,938,003.43 |
| 2.Openingcarryingvalue | 70,296,056.50 | 1,399,930,667.37 | 1,470,226,723.87 |
（2）ImpairmenttestofinvestmentpropertiesmeasuredatcostNoprovisionforimpairmentofinvestmentpropertieswasmadeduringtheReportingPeriod.
（3）InvestmentpropertiesmeasuredatfairvalueTherewerenoinvestmentpropertiesmeasuredatfairvalueoftheGroup.
（4）Investmentpropertiesintheprocessoftitlecertificatehandling
| Item | Carryingvalue | Reasonthatthecertificateoftitlewasnotcompleted |
| KonkaStandardElectronicProductPlantsProjectinSuining | 375,714,645.70 | Intheprocessofprojectclosure,projectclosurewillnotbeprocesseduntiltheprojectiscompleted. |
| Total | 375,714,645.70 |
（5）Investmentpropertieswithrestrictedownershiporuserights
| Item | Closingcarryingvalue | Reasonsfortherestriction |
Item
| Item | Closingcarryingvalue | Reasonsfortherestriction |
| KonkaGuangmingTechnologyCentre | 572,516,043.72 | Mortgageloan |
| HousesandbuildingsofShaanxiKonka | 70,800,534.86 | Mortgageloan |
| Total | 643,316,578.58 |
15.Fixedassets
| Item | Closingcarryingvalue | Openingcarryingvalue |
| Fixedassets | 5,017,976,577.28 | 5,218,297,745.16 |
| Liquidationoffixedassets | 32,448,750.14 | |
| Total | 5,050,425,327.42 | 5,218,297,745.16 |
15.1FixedAssets
（1）Fixedassets
| Item | Propertiesandbuildings | Machineryandequipment | Electronicequipment | Transportequipment | Otherequipment | Total |
| I.Originalcarryingvalue | ||||||
| 1.Openingbalance | 4,064,218,816.99 | 3,320,880,784.80 | 302,188,512.88 | 55,935,781.31 | 189,243,639.88 | 7,932,467,535.86 |
| 2.Increasedamountoftheperiod | 3,197,639.47 | 92,432,260.80 | 2,212,968.25 | 385,233.45 | 1,303,855.17 | 99,531,957.14 |
| (1)Purchase | 3,197,639.47 | 14,508,655.11 | 2,114,251.41 | 385,233.45 | 1,303,855.17 | 21,509,634.61 |
Item
| Item | Propertiesandbuildings | Machineryandequipment | Electronicequipment | Transportequipment | Otherequipment | Total |
| (2)Transfer-inofconstructioninprogress | 77,710,101.27 | 17,787.61 | 77,727,888.88 | |||
| (3)Increasethroughconsolidation | ||||||
| (4)Othertransfer-in | 213,504.42 | 80,929.23 | 294,433.65 | |||
| 3.Decreasedamountoftheperiod | 112,806,344.20 | 12,878,085.53 | 5,765,117.33 | 1,359,998.05 | 886,178.86 | 133,695,723.97 |
| (1)Disposalorwrite-off | 51,084,326.98 | 11,934,642.83 | 5,250,024.44 | 1,359,998.05 | 819,642.86 | 70,448,635.16 |
| (2)Decreaseforlossofcontrollingright | 302,363.06 | 515,092.89 | 2,876.10 | 820,332.05 | ||
| (3)Otherdecreases | 61,722,017.22 | 641,079.64 | 63,659.90 | 62,426,756.76 | ||
| 4.Endingbalance | 3,954,610,112.26 | 3,400,434,960.07 | 298,636,363.80 | 54,961,016.71 | 189,661,316.19 | 7,898,303,769.03 |
| II.Accumulateddepreciation | ||||||
| 1.Openingbalance | 740,844,429.80 | 1,465,754,243.66 | 200,150,283.49 | 42,094,186.82 | 125,133,960.40 | 2,573,977,104.17 |
| 2.Increasedamountoftheperiod | 57,920,184.65 | 124,779,559.01 | 14,586,543.16 | 2,151,073.91 | 7,201,870.28 | 206,639,231.01 |
| (1)Provision | 57,101,166.26 | 124,779,559.01 | 12,656,846.89 | 2,151,073.91 | 7,201,870.28 | 203,890,516.35 |
| (2)Increasethroughconsolidation |
Item
| Item | Propertiesandbuildings | Machineryandequipment | Electronicequipment | Transportequipment | Otherequipment | Total |
| (3)Otherincrease | 819,018.39 | 1,929,696.27 | 2,748,714.66 | |||
| 3.Decreasedamountoftheperiod | 31,229,339.51 | 10,409,963.77 | 3,415,649.87 | 1,032,253.06 | 2,758,219.45 | 48,845,425.66 |
| (1)Disposalorwrite-off | 60,727.49 | 9,543,422.23 | 2,954,073.36 | 1,032,253.06 | 705,912.00 | 14,296,388.14 |
| (2)Decreaseforlossofcontrollingright | 167,718.41 | 461,576.51 | 2,588.49 | 631,883.41 | ||
| (3)Otherdecreases | 31,168,612.02 | 698,823.13 | 2,049,718.96 | 33,917,154.11 | ||
| 4.Endingbalance | 767,535,274.94 | 1,580,123,838.90 | 211,321,176.78 | 43,213,007.67 | 129,577,611.23 | 2,731,770,909.52 |
| III.Provisionforimpairment | ||||||
| 1.Openingbalance | 23,987,527.51 | 107,259,898.81 | 2,789,800.42 | 841,445.29 | 5,314,014.50 | 140,192,686.53 |
| 2.Increasedamountoftheperiod | 10,646,284.08 | 10,646,284.08 | ||||
| (1)Provision | 10,646,284.08 | 10,646,284.08 | ||||
| 3.Decreasedamountoftheperiod | 357,047.03 | 1,919,104.94 | 6,536.41 | 2,282,688.38 | ||
| (1)Disposalorwrite-off | 222,402.39 | 1,898,966.13 | 6,536.41 | 2,127,904.93 | ||
| (2)Otherdecrease | 134,644.64 | 20,138.81 | 154,783.45 | |||
| 4.Endingbalance | 23,987,527.51 | 117,549,135.86 | 870,695.48 | 841,445.29 | 5,307,478.09 | 148,556,282.23 |
Item
| Item | Propertiesandbuildings | Machineryandequipment | Electronicequipment | Transportequipment | Otherequipment | Total |
| IV.Carryingvalue | ||||||
| 1.Endingcarryingvalue | 3,163,087,309.81 | 1,702,761,985.31 | 86,444,491.54 | 10,906,563.75 | 54,776,226.87 | 5,017,976,577.28 |
| 2.Openingcarryingvalue | 3,299,386,859.68 | 1,747,866,642.33 | 99,248,428.97 | 13,000,149.20 | 58,795,664.98 | 5,218,297,745.16 |
（2）Listoftemporarilyidlefixedassets
Item
| Item | Originalcarryingvalue | Accumulateddepreciation | Provisionforimpairment | Carryingvalue |
| Machineryandequipment | 814,906,750.09 | 434,472,592.81 | 87,220,284.81 | 293,213,872.47 |
| Electronicequipment | 10,569,556.50 | 9,252,851.88 | 111,084.51 | 1,205,620.11 |
| Transportequipment | 3,887,229.49 | 3,639,105.62 | 20,675.15 | 227,448.72 |
| Propertiesandbuildings | 264,495,526.66 | 146,277,917.11 | 7,899,900.07 | 110,317,709.48 |
| Otherequipment | 1,313,806.25 | 741,647.49 | 259,629.18 | 312,529.58 |
| Total | 1,095,172,868.99 | 594,384,114.91 | 95,511,573.72 | 405,277,180.36 |
（3）Fixedassetsleasedoutthroughoperatingleases
| Item | Closingcarryingvalue |
| Electronicequipment | 250,227.89 |
| Machineryandequipment | 15,146,352.83 |
| Otherequipment | 264,878.88 |
| Transportequipment | 13,555.68 |
| Total | 15,675,015.28 |
（4）Detailsoffixedassetsfailedtoaccomplishcertificationofproperty
| Item | Originalcarryingvalue | Accumulateddepreciation | Provisionforimpairment | Netbookvalue | Reasonthatthecertificateoftitlewasnotcompleted |
| Ankang'splants | 603,628,412.83 | 39,879,186.98 | 563,749,225.85 | Beinghandled | |
| HousingandbuildingsofChongqingKonka | 453,857,134.27 | 14,198,661.09 | 439,658,473.18 | Beinghandled | |
| FenggangKonkaSmartColourTVProject(SectionI)Property | 425,011,644.82 | 8,765,865.17 | 416,245,779.65 | Beinghandled | |
| FrestecSmartHomepropertiesandbuildings | 406,680,006.86 | 6,075,992.68 | 400,604,014.18 | Beinghandled |
Item
| Item | Originalcarryingvalue | Accumulateddepreciation | Provisionforimpairment | Netbookvalue | Reasonthatthecertificateoftitlewasnotcompleted |
| YikangBuildingproperty | 76,610,752.33 | 42,937,872.94 | 33,672,879.39 | Beinghandled | |
| BoluoPrintingPlatePhaseIIIPlant | 52,579,211.93 | 1,670,318.30 | 50,908,893.63 | Beinghandled | |
| JingyuanBuildingproperty | 7,700,000.00 | 4,331,237.47 | 3,368,762.53 | Beinghandled | |
| StandardelectronicproductplantsinSuining | 1,544,085.19 | 87,005.85 | 1,457,079.34 | Beinghandled | |
| Total | 2,027,611,248.23 | 117,946,140.48 | 1,909,665,107.75 |
（5）ImpairmenttestoffixedassetsDuringtheReportingPeriod,theCompanyconductedimpairmenttestsonthefixedassetsofHenanFrestecRefrigerationApplianceCo.,Ltd.,determinedtheirrecoverableamountsbasedonthenetfairvaluelessdisposalcosts,andrecognisedanimpairmentlossonassetsofRMB10,646,284.08.
Item
| Item | Carryingvalue | Recoverableamount | Impairmentamount | Determinationoffairvalueanddisposalcosts | Keyparameters | Basisfordeterminingkeyparameters |
| MachineryequipmentofFrestecRefrigeration | 13,043,951.93 | 2,397,667.85 | 10,646,284.08 | 1.Thefairvalueisdeterminedonthequotationofsecond-handequipmentsuppliers;2.Thedisposalcostsareincludedinthequotationandarenotconsidered. | 1.Scopeofassetgroup;2.Fairvalue; | 1.Thescopeofassetgroup:abandonedandidleequipmentsuchasbaler,foamingmachine,multi-stationvacuumformingmachineofcontainerandgallbladder;2.Thefairvalueisdeterminedonthequotationofsecond-handequipmentsuppliers. |
| Total | 13,043,951.93 | 2,397,667.85 | 10,646,284.08 | — | — | — |
（6）FixedAssetswithRestrictedOwnershiporUseRight
（7）DisposalofFixedAssets
Item
| Item | Closingcarryingvalue | Reasonsfortherestriction |
| AnhuiKonka'sbuildings | 594,158,945.16 | Mortgageloan |
| HousingandbuildingsofChongqingKonka | 333,838,258.53 | Mortgageloan |
| PropertiesandbuildingsofShanxiKonkaIntelligent | 257,597,123.66 | Mortgageloan |
| HousingandbuildingsofAnhuiTongchuang | 137,747,881.71 | Mortgageloan |
| HousingandbuildingsofFrestecRefrigeration | 79,482,863.26 | Ascollateralforfinancelease |
| MachineryequipmentofXingDaHongYe | 62,102,622.44 | Ascollateralforfinancelease |
| BuildingsofKonkaGroup | 61,612,474.97 | Mortgageloan |
| HousingandbuildingsofJiangsuKonkaIntelligent | 34,142,638.01 | Mortgageloan |
| HousingandbuildingsofXingDaHongYe | 29,164,839.65 | Mortgageloan |
| MachineryequipmentofXinfengMicrocrystalline | 7,677,954.68 | Ascollateralforfinancelease |
| HousingandbuildingsofJiangxiKonka | 2,279,341.79 | Originalshareholderguaranteemortgage |
| Total | 1,599,804,943.86 |
Item
| Item | Closingcarryingvalue | Openingcarryingvalue |
| FrestecRefrigerationProject | 32,448,750.14 | |
| Total | 32,448,750.14 |
16.Constructioninprogress
（1）Constructioninprogress
Item
| Item | Closingbalance | Openingbalance | ||||
| Bookbalance | Provisionforimpairment | Carryingvalue | Bookbalance | Provisionforimpairment | Carryingvalue | |
| JiangxiHigh-permeabilityCrystalisationKiln | 246,576,748.57 | 46,755,148.57 | 199,821,600.00 | 246,576,748.57 | 46,755,148.57 | 199,821,600.00 |
| DongguanKonkaNewIndustrialPark | 12,820,621.35 | 12,820,621.35 | ||||
| ConstructionofSuiningElectronicIndustrialParkWorkshops | 177,627,683.33 | 177,627,683.33 | 177,516,258.23 | 177,516,258.23 | ||
| SuiningKonkaHongyePlantDecorationProject | 84,574,481.80 | 84,574,481.80 | 76,141,438.86 | 76,141,438.86 | ||
| DishwasherProjectofJiangxiKonka | 55,685,802.09 | 55,685,802.09 | ||||
| ProductionLineRenovationProjectofJiangxiKonka | 85,354,578.78 | 12,415,331.15 | 72,939,247.63 | 85,861,185.36 | 12,518,073.84 | 73,343,111.52 |
| Otherprojects | 330,003,779.69 | 32,822,800.38 | 297,180,979.31 | 321,142,187.11 | 42,750,899.13 | 278,391,287.98 |
| Total | 936,957,893.52 | 91,993,280.10 | 844,964,613.42 | 962,923,620.22 | 102,024,121.54 | 860,899,498.68 |
（2）Changesinmajorprojectsunderconstructioninthecurrentperiod
| Nameofitem | Openingbalance | Increaseinthecurrentperiod | Decreaseinthecurrentperiod | Closingbalance |
Transferredtolong-term
assets
| Transferredtolong-termassets | Otherdecreases | ||||
| JiangxiHigh-permeabilityCrystalisationKiln | 246,576,748.57 | 246,576,748.57 | |||
| ConstructionofSuiningElectronicIndustrialParkWorkshops | 177,516,258.23 | 111,425.10 | 177,627,683.33 | ||
| DishwasherProjectofShaanxiKonka | 55,685,802.09 | 55,685,802.09 | |||
| Total | 479,778,808.89 | 111,425.10 | 55,685,802.09 | 424,204,431.90 |
(Continued)
| Nameofitem | Estimatednumber(RMB100million) | Proportionestimatedoftheprojectaccumulativeinput(%) | EngineeringSchedule(%) | Accumulatedamountofinterestcapitalisation | Ofwhich:theamountofthecapitalisedinterestsinthecurrentperiod | Capitalisationrateoftheinterestsinthecurrentperiod(%) | Sourceoffund |
| JiangxiHigh-permeabilityCrystalisationKiln | 3.40 | 72.52 | 72.52 | 32,249,994.16 | Bankloans | ||
| ConstructionofSuiningElectronicIndustrialParkWorkshops | 7.34 | 95.00 | 95.00 | Self-ownedfund | |||
| DishwasherProjectofShaanxiKonka | 0.56 | 98.86 | 98.86 | Self-ownedfund | |||
| Total | 11.30 | 32,249,994.16 |
（3）Provisionsetasideforimpairmentofconstructioninprogressinthecurrentperiod
| Category | Openingbalance | Increaseinthecurrentperiod | Decreaseinthecurrentperiod | Closingbalance | Reasonforwithdrawal |
| JiangxiHigh-permeabilityCrystalisationKiln | 46,755,148.57 | 46,755,148.57 |
Category
| Category | Openingbalance | Increaseinthecurrentperiod | Decreaseinthecurrentperiod | Closingbalance | Reasonforwithdrawal |
| JiangxiHighTransparentNanoLine1Project | 36,181,822.63 | 6,224,551.33 | 29,957,271.30 | Failuretoachieveserviceableconditions | |
| HenanCivilConstructionProject | 3,703,547.42 | 3,703,547.42 | Decreaseforlosingcontrolpower | ||
| Otherprojects | 15,383,602.92 | 102,742.69 | 15,280,860.23 | Failuretoachieveserviceableconditions | |
| Total | 102,024,121.54 | 10,030,841.44 | 91,993,280.10 | — |
（4）ImpairmenttestofconstructioninprogressTherewasnoprovisionforimpairmentofconstructioninprogressduringtheReportingPeriod.
17.Right-of-useassets
（1）Listofright-of-useassets
Item
| Item | Propertiesandbuildings | Electronicequipment | Transportequipment | Total |
| I.Originalcarryingvalue | ||||
| 1.Openingbalance | 278,099,315.84 | 279,350.52 | 278,378,666.36 | |
| 2.Increaseinthecurrentperiod | 33,384,402.11 | 33,384,402.11 | ||
| (1)Rent | 33,384,402.11 | 33,384,402.11 | ||
| (2)Others | ||||
| 3.Decreaseinthecurrentperiod | 32,622,122.73 | 32,622,122.73 | ||
| (1)Decreaseforlossofcontrollingright | ||||
| (2)Others | 32,622,122.73 | 32,622,122.73 | ||
| 4.Closingbalance | 278,861,595.22 | 279,350.52 | 279,140,945.74 | |
| II.Accumulateddepreciation | ||||
| 1.Openingbalance | 81,209,388.74 | 114,854.45 | 81,324,243.19 | |
| 2.Increaseinthecurrentperiod | 27,978,636.37 | 31,804.75 | 28,010,441.12 | |
| (1)Provision | 27,978,636.37 | 31,804.75 | 28,010,441.12 | |
| (2)Others | ||||
| 3.Decreaseinthecurrentperiod | 29,940,601.10 | 29,940,601.10 | ||
| (1)Decreaseforlossofcontrollingright | ||||
| (2)Others | 29,940,601.10 | 29,940,601.10 | ||
| 4.Closingbalance | 79,247,424.01 | 146,659.20 | 79,394,083.21 | |
| III.Provisionforimpairment | ||||
| 1.Openingbalance | ||||
| 2.Increaseinthecurrentperiod |
Item
| Item | Propertiesandbuildings | Electronicequipment | Transportequipment | Total |
| (1)Provision | ||||
| 3.Decreaseinthecurrentperiod | ||||
| (1)Disposal | ||||
| 4.Closingbalance | ||||
| IV.Carryingvalue | ||||
| 1.Closingcarryingvalue | 199,614,171.21 | 132,691.32 | 199,746,862.53 | |
| 2.Openingcarryingvalue | 196,889,927.10 | 164,496.07 | 197,054,423.17 |
Note:Otherdecreasesinoriginalvalueandaccumulateddepreciationaremainlyduetoleaseexpiration.
18.Intangibleassets
（1）Listofintangibleassets
Item
| Item | Landuseright | Intellectualproperty | Total | ||||
| Trademarkright | Patentandknow-how | Franchiserights | Righttousesoftwareandothers | Subtotal | |||
| I.Originalcarryingvalue | |||||||
| 1.Openingbalance | 886,356,061.91 | 72,197,456.33 | 116,697,625.44 | 187,333,182.47 | 177,648,647.63 | 553,876,911.87 | 1,440,232,973.78 |
| 2.Increasedamountoftheperiod | 927,169.67 | 3,620,554.10 | 4,547,723.77 | 4,547,723.77 | |||
| (1)Purchase | 2,404,874.68 | 2,404,874.68 | 2,404,874.68 | ||||
| (2)Transfer-inofconstructioninprogress | 927,169.67 | 1,215,679.42 | 2,142,849.09 | 2,142,849.09 | |||
| (3)Otherreasons | |||||||
| 3.Decreasedamountoftheperiod | 24,316,563.55 | 21,116,714.34 | 21,116,714.34 | 45,433,277.89 | |||
| (1)Disposal | 13,773,565.00 | 21,116,714.34 | 21,116,714.34 | 34,890,279.34 | |||
| (2)Decreaseforlossofcontrollingright | |||||||
| (3)Decreaseforother | 10,542,998.55 | 10,542,998.55 | |||||
reasons
| reasons | |||||||
| 4.Endingbalance | 862,039,498.36 | 72,197,456.33 | 116,697,625.44 | 188,260,352.14 | 160,152,487.39 | 537,307,921.30 | 1,399,347,419.66 |
| II.Accumulatedamortisation | |||||||
| 1.Openingbalance | 96,724,173.74 | 23,415,626.44 | 71,699,652.31 | 11,721,315.62 | 103,542,668.71 | 210,379,263.08 | 307,103,436.82 |
| 2.Increasedamountoftheperiod | 9,722,325.73 | 2,081,757.98 | 54,451.51 | 5,224,211.87 | 8,802,235.81 | 16,162,657.17 | 25,884,982.90 |
| (1)Provision | 9,722,325.73 | 2,081,757.98 | 54,451.51 | 5,224,211.87 | 8,802,235.81 | 16,162,657.17 | 25,884,982.90 |
| (2)Otherincreases | |||||||
| 3.Decreasedamountoftheperiod | 2,746,215.07 | 21,116,714.33 | 21,116,714.33 | 23,862,929.40 | |||
| (1)Disposal | 2,610,583.98 | 21,116,714.33 | 21,116,714.33 | 23,727,298.31 | |||
| (2)Decreaseforlossofcontrollingright | |||||||
| (3)Decreaseforotherreasons | 135,631.09 | 135,631.09 | |||||
| 4.Endingbalance | 103,700,284.40 | 25,497,384.42 | 71,754,103.82 | 16,945,527.49 | 91,228,190.19 | 205,425,205.92 | 309,125,490.32 |
| III.Provisionforimpairment | |||||||
| 1.Openingbalance | 564,705.88 | 44,943,521.62 | 235,294.12 | 45,743,521.62 | 45,743,521.62 | ||
| 2.Increasedamountoftheperiod |
Note:TherewasnoimpairmentoftheGroup'sintangibleassetsduringtheReportingPeriod.
(1)Provision
| (1)Provision | |||||||
| (2)Increaseinbusinesscombinations | |||||||
| 3.Decreasedamountoftheperiod | |||||||
| (1)Disposal | |||||||
| (2)Decreaseforlossofcontrollingright | |||||||
| 4.Endingbalance | 564,705.88 | 44,943,521.62 | 235,294.12 | 45,743,521.62 | 45,743,521.62 | ||
| IV.Carryingvalue | |||||||
| 1.Endingcarryingvalue | 758,339,213.96 | 46,135,366.03 | 171,314,824.65 | 68,689,003.08 | 286,139,193.76 | 1,044,478,407.72 | |
| 2.Openingcarryingvalue | 789,631,888.17 | 48,217,124.01 | 54,451.51 | 175,611,866.85 | 73,870,684.80 | 297,754,127.17 | 1,087,386,015.34 |
（2）LanduserightwithcertificateoftitleuncompletedTheGroupdidnothavelanduserightsforwhichnotitledeedshadbeenissued.
（3）Significantintangibleassets
Item
| Item | Closingcarryingvalue | Remainingamortisationperiod(year) |
| LanduserightofDongguanKonka | 183,797,800.67 | 45.17 |
| ConcessionsofYibinKonka | 171,314,824.65 | 16.33 |
| LanduserightofFrestecSmartHomeTechnology | 89,302,521.51 | 46.25 |
| LandusagerightofFrestecRefrigeration | 62,865,741.86 | 32.25 |
| Total | 507,280,888.69 |
（4）Intangibleassetswithrestrictedownershiporusingright
| Item | Closingcarryingvalue | Reasonsfortherestriction |
| LanduserightofDongguanKonka | 183,797,800.67 | Mortgageloan |
| LanduserightofShanxiKonkaIntelligent | 109,812,076.81 | Mortgageloan |
| LanduserightofFrestecSmartHomeTechnology | 89,302,521.51 | Mortgageloan |
| LandusagerightofFrestecRefrigeration | 62,865,741.86 | Ascollateralforfinancelease |
| LanduserightofAnhuiKonka | 53,273,636.00 | Mortgageloan |
| LanduserightofChongqingKonka | 44,097,359.88 | Mortgageloan |
| LanduserightofAnhuiTongchuang | 17,210,885.31 | Mortgageloan |
| LanduserightofJiangsuKonka | 13,511,463.83 | Mortgageloan |
| LanduserightofXingDaHongYe | 12,878,528.02 | Mortgageloan |
| LanduserightofJiangxiKonka | 11,936,997.05 | Originalshareholderguaranteemortgage |
| LanduserightofKonkaGuangming | 4,224,230.38 | Mortgageloan |
| Total | 602,911,241.32 |
19.Goodwill
（1）Originalcarryingvalueofgoodwill
Investee
| Investee | Openingbalance | Increaseinthecurrentperiod | Decreaseinthecurrentperiod | Closingbalance | ||
| Formedthroughbusinesscombinations | Others | Disposal | Others | |||
| JiangxiKonka | 340,111,933.01 | 340,111,933.01 | ||||
| XingDaHongYe | 44,156,682.25 | 44,156,682.25 | ||||
| Total | 384,268,615.26 | 384,268,615.26 | ||||
（2）Provisionforgoodwillimpairment
| Investee | Openingbalance | Increaseinthecurrentperiod | Decreaseinthecurrentperiod | Closingbalance | ||
| Provision | Others | Disposal | Others | |||
| JiangxiKonka | 340,111,933.01 | 340,111,933.01 | ||||
| XingDaHongYe | 21,959,947.14 | 21,959,947.14 | ||||
| Total | 362,071,880.15 | 362,071,880.15 | ||||
20.Long-termdeferredexpenses
| Item | Openingbalance | Increaseinthecurrentperiod | Amortisationinthecurrentperiod | Otherdecreasesinthecurrentperiod | Closingbalance |
| Decorationexpenses | 370,388,936.88 | 8,587,369.87 | 35,331,884.42 | 10,930,839.71 | 332,713,582.62 |
| Shoppeexpense | 24,974,475.38 | 16,321,473.67 | 11,660,670.44 | 1,664,114.98 | 27,971,163.63 |
| Others | 123,555,811.45 | 35,612,984.68 | 21,836,551.80 | 7,880,195.32 | 129,452,049.01 |
| Total | 518,919,223.71 | 60,521,828.22 | 68,829,106.66 | 20,475,150.01 | 490,136,795.26 |
21.DeferredIncomeTaxAssets/DeferredIncomeTaxLiabilities
（1）Deferredtaxassetsthathavenotbeenoffset
| Item | Closingbalance | Openingbalance | ||
| Deductibletemporarydifferences | DeferredtaxAssets | Deductibletemporarydifferences | DeferredtaxAssets | |
| Deductiblelosses | 3,833,414,709.20 | 811,599,214.91 | 3,747,584,829.70 | 794,363,411.92 |
Item
| Item | Closingbalance | Openingbalance | ||
| Deductibletemporarydifferences | DeferredtaxAssets | Deductibletemporarydifferences | DeferredtaxAssets | |
| Provisionforassetimpairment | 1,829,025,527.80 | 401,304,876.17 | 1,879,389,407.11 | 407,751,765.55 |
| Deferredrevenue | 167,074,039.39 | 36,955,793.78 | 167,691,056.33 | 36,766,230.50 |
| Accruedexpenses | 313,175,362.02 | 66,365,728.23 | 262,522,401.07 | 58,732,850.29 |
| Unrealisedinternalsalesprofits | 55,997,896.96 | 11,745,908.12 | 55,653,196.64 | 13,913,299.16 |
| Leaseliabilities | 201,197,429.82 | 50,004,006.85 | 207,847,769.62 | 50,208,319.90 |
| Others | 260,960,747.01 | 61,612,266.63 | 279,982,155.72 | 64,838,104.84 |
| Total | 6,660,845,712.20 | 1,439,587,794.69 | 6,600,670,816.19 | 1,426,573,982.16 |
（2）Deferredtaxliabilitiesthathavenotbeenoffset
| Item | Closingbalance | Openingbalance | ||
| Taxabletemporarydifferences | Deferredtaxliabilities | Taxabletemporarydifferences | Deferredtaxliabilities | |
| Estimatedaddedvalueofassetsnotunderthesamecontrol | 167,391,570.39 | 35,716,343.31 | 154,693,540.82 | 37,285,533.12 |
| Prepaidinterest | 37,541,390.08 | 9,385,347.52 | 37,541,390.08 | 9,385,347.52 |
| Accelerateddepreciationoffixedassets | 44,154,571.98 | 6,785,641.35 | 3,005,493.04 | 608,518.82 |
| Financialassetsatfairvaluethroughprofitorloss | 148,002,025.36 | 37,000,506.34 | 327,802,549.12 | 81,950,637.29 |
| Right-of-useassets | 192,106,186.72 | 48,026,546.70 | 195,220,008.99 | 48,074,535.52 |
| Others | 9,249,308.72 | 2,312,327.18 | 47,153,970.40 | 7,721,593.00 |
| Total | 598,445,053.25 | 139,226,712.40 | 765,416,952.45 | 185,026,165.27 |
（3）Breakdownofunrecogniseddeferredtaxassets
| Item | Closingbalance | Openingbalance |
Item
| Item | Closingbalance | Openingbalance |
| Deductiblelosses | 4,607,675,003.87 | 3,693,212,186.74 |
| Deductibletemporarydifferences | 3,928,816,549.12 | 4,173,904,666.60 |
| Total | 8,536,491,552.99 | 7,867,116,853.34 |
（4）Deductiblelossesofunrecogniseddeferredtaxassetsmatured/willmatureinthefollowingyear
| Year | Closingbalance | Openingbalance | Notes |
| 2024 | 121,029,752.50 | 175,414,641.28 | |
| 2025 | 435,923,297.45 | 464,500,932.68 | |
| 2026 | 209,031,391.65 | 224,104,387.87 | |
| 2027 | 94,666,236.63 | 110,289,035.04 | |
| 2028 | 740,529,446.35 | 2,718,903,189.87 | |
| 2029andfollowingyears | 3,006,494,879.29 | ||
| Total | 4,607,675,003.87 | 3,693,212,186.74 | — |
22.Othernon-currentassets
| Item | Closingbalance | ||
| Bookbalance | Provisionforimpairment | Carryingvalue | |
| Prepaymentforland-purchase | 1,029,457,502.92 | 1,029,457,502.92 | |
| Prepaymentforconstruction,equipmentandotherlong-termassets | 266,687,168.69 | 266,687,168.69 | |
| Total | 1,296,144,671.61 | 1,296,144,671.61 | |
(Continued)
| Item | Openingbalance | ||
| Bookbalance | Provisionforimpairment | Carryingvalue | |
| Prepaymentforland-purchase | 1,029,317,896.04 | 1,029,317,896.04 | |
| Prepaymentforconstruction,equipmentandotherlong-termassets | 219,010,910.12 | 219,010,910.12 | |
| Total | 1,248,328,806.16 | 1,248,328,806.16 | |
23.Assetswithrestrictedownershiporuserights
| Item | Endoftheperiod |
Bookbalance
| Bookbalance | Carryingvalue | Typeofrestriction | Restrictiondetails | |
| Monetaryassets | 1,135,996,069.35 | 1,135,996,069.35 | Margins,pledges,timedeposits | Amongthem,RMB439,611,924.45ismargindeposit,pledgedforborrowingsorissuingbankacceptance;RMB664.24isfinancialsupervisoryaccountfunds;RMB469,680,000.00istimedepositthatcannotbewithdrawninadvance;RMB226,703,480.66isrestrictedduetootherreasons. |
| Accountsreceivable | 1,082,099.02 | 1,059,896.50 | Pledge | Pledgeloan |
| Notesreceivable | 135,131,288.11 | 135,131,288.11 | Pledge | Pledgedtoissuebills |
| Inventory | 477,577,793.08 | 477,577,793.08 | Mortgage | Mortgageloan |
| Investmentproperty | 706,736,950.42 | 643,316,578.58 | Mortgage | Mortgageloan |
| Fixedassets | 1,937,212,292.51 | 1,599,804,943.86 | Mortgage | Mortgageforfinancelease,mortgageloan,mortgageguaranteedbytheoriginalshareholder |
| Intangibleassets | 627,235,336.77 | 602,911,241.32 | Mortgage | Mortgageforfinancelease,mortgageloan,mortgageguaranteedbytheoriginalshareholder |
| Constructioninprogress | 46,810,437.16 | 46,810,437.16 | Mortgage | Mortgageloan |
| Total | 5,067,782,266.42 | 4,642,608,247.96 | — | — |
(Continued)
| Item | Beginningoftheperiod | |||
| Bookbalance | Carryingvalue | Typeofrestriction | Restrictiondetails | |
| Monetaryassets | 831,575,227.47 | 831,575,227.47 | Margins,pledges,timedeposits | Amongthem,RMB384,011,696.60ismargindeposit,pledgedforborrowingsorissuingbankacceptance,RMB226,611,500.00istimedepositthatcannotbewithdrawninadvance;RMB220,952,030.87isrestrictedduetootherreasons. |
| Accountsreceivable | 2,527,314.22 | 2,474,071.67 | Pledge | Pledgeloan |
| Notes | 209,288,446.67 | 209,288,446.67 | Pledge | Theyarepledgedforthe |
Item
| Item | Beginningoftheperiod | |||
| Bookbalance | Carryingvalue | Typeofrestriction | Restrictiondetails | |
| receivable | issuanceofbankacceptance | |||
| Inventory | 601,395,411.05 | 599,475,045.44 | Seizure,mortgage | |
CarryingvalueofinventoriesseizedasaresultoftheminorityshareholdercaseofasubsidiarywasRMB49,679,547.48,andtheCompanydidnotwaiveclaims;year-endbookvalueofinventoryusedformortgageloanswasRMB549,795,497.96.
| Investmentproperty | 634,578,011.63 | 585,984,804.04 | Mortgage | Mortgageloan |
| Fixedassets | 2,003,558,346.93 | 1,689,602,310.18 | Mortgage | Mortgageforfinancelease,mortgageloan,mortgageguaranteedbytheoriginalshareholder |
| Intangibleassets | 687,667,571.97 | 620,594,057.60 | Mortgage | Mortgageforfinancelease,mortgageloan,mortgageguaranteedbytheoriginalshareholder |
| Constructioninprogress | 40,629,663.23 | 40,629,663.23 | Mortgage | Mortgageloan |
| Total | 5,011,219,993.17 | 4,579,623,626.30 | — | — |
24.Short-termloans
（1）Classificationofshort-termloans
| Typeofborrowings | Closingbalance | Openingbalance | Notes |
| Unsecuredloan | 5,487,754,338.21 | 4,741,431,032.21 | |
| Guaranteedloan | 660,533,547.75 | 1,374,378,896.71 | ①②③ |
| Mortgageloan | 361,799,744.99 | 274,782,127.35 | ④⑤⑥⑦⑧ |
| Total | 6,510,087,630.95 | 6,390,592,056.27 |
①TheCompanyhasprovidedajointandseveralguaranteefortheshort-termborrowingstotalingRMB199,942,853.31takenoutbyitssubsidiariesAnhuiKonka,YibinSmart,BoluoPrecision,JiangxiKonka,JiangxiKonkaandKonkaXinyunSemiconductor.
②TheCompanyhasobtainedshort-termborrowingsamountingtoRMB410,418,472.21fromShenzhenChegongmiaoSub-branchofChinaEverbrightBankCo.,Ltd.,andtheCompany'ssubsidiariesSuiningKonkaIndustrialParkandKonkaCircuithaveeachprovidedajointandseveralguaranteefordebtscontinuouslyincurredinaspecificperiodandcappedataspecific
amount,beingliablefor80%and20%ofsuchdebts,respectively.
③TheCompany'ssubsidiaryNingboKhrElectricAppliancehasobtainedshort-termborrowingsamountingtoRMB50,172,222.23fromCixiGuanchengSub-branchofBankofChinaLimited,forwhichtheCompanyandKEGGroupCo.,Ltd.haveeachprovidedajointandseveralguaranteeattheratioof3:2.
④BymortgagingpropertiesandbuildingswithacarryingvalueofRMB409,974,007.80andlanduserightswithacarryingvalueofRMB35,467,241.33,theCompany'ssubsidiaryAnhuiKonkahasobtainedshort-termborrowingsamountingtoRMB141,791,828.32fromChuzhouBranchofBankofChinaLimited.
⑤BymortgaginglanduserightswithacarryingvalueofRMB89,302,521.51,theCompany'ssubsidiaryFrestecSmartHomehasobtainedshort-termborrowingsamountingtoRMB52,056,333.33fromXinxiangBranchofIndustrialBankCo.,Ltd.,andtheCompanyandMengHonggang,thelegalrepresentativeofChuzhouHanshangElectricalAppliancesCo.,Ltd.,haveeachprovidedajointandseveralguaranteefordebtscontinuouslyincurredinaspecificperiodandcappedataspecificamount,beingliablefor51%and49%ofsuchdebts,respectively.
⑥BymortgagingpropertiesandbuildingswithacarryingvalueofRMB29,164,839.65andlanduserightswithacarryingvalueofRMB12,878,528.02andpledgingacertificateofdepositintheamountofRMB19,800,000.00,withajointandseveralguaranteeprovidedbyHuZehong,theCompany'ssubsidiaryXingDaHongYehasobtainedshort-termborrowingsamountingtoRMB94,090,083.34fromFushaSub-branchofZhongshanRuralCommercialBankCo.,Ltd.
⑦BymortgagingpropertiesandbuildingswithacarryingvalueofRMB34,142,638.01andlanduserightswithacarryingvalueofRMB13,511,463.83,theCompany'ssubsidiaryJiangsuKonkaSmarthasobtainedshort-termborrowingsamountingtoRMB30,033,750.00fromChangzhouBranchofChinaZheshangBankCo.,Ltd.
⑧BymortgagingpropertiesandbuildingswithacarryingvalueofRMB137,747,881.71andlanduserightswithacarryingvalueofRMB17,210,885.31,theCompany'ssubsidiaryAnhuiTongchuanghasobtainedshort-termborrowingsamountingtoRMB43,827,750.00fromHefeiBranchofChinaZheshangBankCo.,Ltd.
（2）OutstandingShort-termborrowingsoverdueTherewerenooutstandingshort-termborrowingsoverdueattheendofthecurrentperiod.
25.Notespayable
Typeofnote
| Typeofnote | Closingbalance | Openingbalance |
| Banker'sacceptance | 775,950,422.77 | 786,833,882.36 |
| Commercialacceptancedraft | 205,977,959.18 | 203,649,044.84 |
Typeofnote
| Typeofnote | Closingbalance | Openingbalance |
| Total | 981,928,381.95 | 990,482,927.20 |
26.Accountspayable
| Item | Closingbalance | Openingbalance |
| Withinoneyear | 2,320,012,296.29 | 2,002,263,324.19 |
| Onetotwoyears | 390,501,476.73 | 448,060,250.16 |
| Twotothreeyears | 75,821,318.63 | 107,371,417.74 |
| Overthreeyears | 154,216,669.07 | 169,136,683.88 |
| Total | 2,940,551,760.72 | 2,726,831,675.97 |
27.Accountsreceivedinadvance
| Typeofnote | Closingbalance | Openingbalance |
| Rents | 311,664.91 | |
| Total | 311,664.91 |
28.Contractliabilities
（1）Contractliabilities
| Item | Closingbalance | Openingbalance |
| Salesadvancesreceived | 326,016,727.91 | 527,975,160.12 |
| Total | 326,016,727.91 | 527,975,160.12 |
Note:Contractualliabilitiesoveroneyeararedetailedin"VI.41.Othernon-currentliabilities"inthisnote.
（2）Significantcontractliabilitieswithanageofmorethanoneyear
TherewerenosignificantcontractliabilitieswithanageofmorethanoneyearintheReportingPeriod.
（3）Significantchangesincarryingvalueinthecurrentperiod
Therewerenosignificantchangesincarryingvalueinthecurrentperiod.
29.Payrollpayable
（1）Listofpayrollspayable
| Item | Openingbalance | Increaseinthecurrentperiod | Decreaseinthecurrentperiod | Closingbalance |
Item
| Item | Openingbalance | Increaseinthecurrentperiod | Decreaseinthecurrentperiod | Closingbalance |
| Short-termremuneration | 302,906,283.43 | 663,359,406.44 | 770,236,182.60 | 196,029,507.27 |
| Post-employmentbenefits-definedcontributionplans | 984,500.20 | 51,532,957.08 | 51,538,306.83 | 979,150.45 |
| Dismissalbenefits | 842,320.00 | 8,099,251.50 | 7,462,264.74 | 1,479,306.76 |
| Otherbenefitsduewithinoneyear | ||||
| Total | 304,733,103.63 | 722,991,615.02 | 829,236,754.17 | 198,487,964.48 |
（2）Short-termremuneration
| Item | Openingbalance | Increaseinthecurrentperiod | Decreaseinthecurrentperiod | Closingbalance |
| Salaries,bonuses,allowancesandsubsidies | 292,819,254.32 | 584,485,214.41 | 693,448,301.36 | 183,856,167.37 |
| Employeebenefits | 5,354,332.27 | 31,342,888.00 | 29,128,609.38 | 7,568,610.89 |
| Socialinsurancepremiums | 564,961.75 | 22,518,004.27 | 22,491,339.94 | 591,626.08 |
| Including:Medicalinsurancepremiums | 396,722.21 | 20,007,041.07 | 19,958,059.73 | 445,703.55 |
| Workinjuryinsurancepremiums | 77,112.94 | 1,644,853.26 | 1,605,135.75 | 116,830.45 |
| Maternityinsurancepremiums | 91,126.60 | 866,109.94 | 928,144.46 | 29,092.08 |
| Housingfund | 486,011.97 | 19,532,752.22 | 19,688,006.12 | 330,758.07 |
| Labourunionfundsandeducationfunds | 3,681,723.12 | 5,480,547.54 | 5,479,925.80 | 3,682,344.86 |
| Short-termabsencewithpayment | ||||
| Short-termprofitsharingplan | ||||
| Others | ||||
| Total | 302,906,283.43 | 663,359,406.44 | 770,236,182.60 | 196,029,507.27 |
（3）Definedcontributionplans
| Item | Openingbalance | Increaseinthecurrentperiod | Decreaseinthecurrentperiod | Closingbalance |
Item
| Item | Openingbalance | Increaseinthecurrentperiod | Decreaseinthecurrentperiod | Closingbalance |
| Basicendowmentmanagementinsurance | 835,465.17 | 49,330,295.67 | 49,333,661.41 | 832,099.43 |
| Unemploymentinsurancepremiums | 149,035.03 | 2,202,661.41 | 2,204,645.42 | 147,051.02 |
| Annuitycontribution | ||||
| Total | 984,500.20 | 51,532,957.08 | 51,538,306.83 | 979,150.45 |
30.Taxespayable
| Item | Closingbalance | Openingbalance |
| Value-addedtax | 15,634,896.66 | 66,607,505.30 |
| Propertytax | 12,276,323.34 | 5,219,025.56 |
| Stampduty | 7,282,071.55 | 6,782,263.86 |
| Corporateincometax | 6,262,028.72 | 91,733,192.66 |
| Landusetax | 3,597,483.22 | 11,704,493.10 |
| Personalincometax | 2,197,631.55 | 2,285,063.65 |
| Tariff | 1,678,500.01 | 1,513,377.11 |
| Cityconstructionandmaintenancetax | 572,922.63 | 3,479,642.26 |
| EducationfeesandlocaleducationSurcharge | 434,273.38 | 2,525,463.27 |
| Fundfordisposingabandonedappliancesandelectronicproducts | 21,210,465.50 | |
| Others | 1,629,201.77 | 1,356,643.60 |
| Total | 51,565,332.83 | 214,417,135.87 |
31.Otherpayables
| Item | Closingbalance | Openingbalance |
| Interestpayable | ||
| Otherpayables | 1,762,366,179.22 | 1,922,791,905.14 |
| Total | 1,762,366,179.22 | 1,922,791,905.14 |
31.1Interestspayable
| Item | Closingbalance | Openingbalance |
| Interestoncorporatebonds | ||
| Interestonlong-termborrowingswithinterestpaidbyinstallmentandprincipal |
Item
| Item | Closingbalance | Openingbalance |
| paidatmaturity | ||
| Interestpayableonshort-termborrowings | ||
| Total |
31.2OtherPayables
（1）Otheraccountspayablepresentedbasedonthefundnature
| Natureoffund | Closingbalance | Openingbalance |
| Tradingfunds | 666,170,006.98 | 798,553,216.65 |
| Expensespayable | 463,347,998.31 | 521,810,773.58 |
| Relatedpartyborrowing | 216,849,686.69 | 236,064,633.74 |
| Cashdepositandfront | 291,952,029.84 | 282,035,338.52 |
| Advancepayment | 6,202,442.99 | 5,480,880.33 |
| Equitypayable | 24,302,796.96 | 24,302,796.96 |
| Others | 93,541,217.45 | 54,544,265.36 |
| Total | 1,762,366,179.22 | 1,922,791,905.14 |
（2）Significantotheraccountspayablewithanageofmorethanoneyearoroverdue
| Unit | Closingbalance | Reasonfornon-repaymentorcarry-over |
| TheThirdConstructionEngineeringCompanyLtd.ofChinaConstructionSecondEngineeringBureau | 21,535,346.08 | Itwasnotyetdueforpaymentasperthecontract |
| Total | 21,535,346.08 |
32.Non-currentliabilitiesduewithinoneyear
| Item | Closingbalance | Openingbalance |
| Long-termborrowingsduewithinoneyear | 2,718,841,649.66 | 2,891,407,222.55 |
| Long-termpayablesduewithinoneyear | 140,336.20 | 141,650.44 |
| Bondspayableduewithinoneyear | 830,985,555.48 | 2,370,572,421.45 |
| Leaseliabilitiesduewithinoneyear | 50,971,866.23 | 52,026,101.92 |
| Total | 3,600,939,407.57 | 5,314,147,396.36 |
33.Othercurrentliabilities
Item
| Item | Closingbalance | Openingbalance |
| AccountspayablepaidbyendorsementofoutstandingnotesattheendoftheReportingPeriod | 13,712,030.20 | 11,524,075.93 |
| Taxtobechargedoff | 17,159,993.79 | 23,890,662.41 |
| Refundspayable | 15,404,439.30 | 18,915,977.41 |
| Total | 46,276,463.29 | 54,330,715.75 |
34.Long-termloans
| Typeofborrowings | Closingbalance | Openingbalance | Notes |
| Guaranteedloan | 3,652,266,829.86 | 4,047,706,381.39 | ①②③④⑤⑥⑦⑧⑨ |
| Mortgageloan | 1,337,302,982.46 | 1,207,161,686.81 | ⑩??????? |
| Entrustedborrowings | 2,089,923,918.27 | 2,054,850,296.35 | ? |
| Unsecuredloan | 2,743,058,366.07 | 3,276,240,462.52 | |
| Pledgeloan | 102,077,890.63 | 84,598,475.36 | ?? |
| Less:Portionduewithinoneyear | 2,718,841,649.66 | 2,891,407,222.55 | |
| Total | 7,205,788,337.63 | 7,779,150,079.88 |
①TheCompanyhasobtainedlong-termborrowingsamountingtoRMB1,478,977,500.00fromShenzhenBranchofChinaGuangfaBankCo.,Ltd.,thetermofwhichisfrom23August2022to20December2026,andforwhichtheCompany'sparentcompanyOCTGroupprovidesjointandseveralliabilityguaranteeatthemaximumamount.
②TheCompanyhasobtainedlong-termborrowingsamountingtoRMB1,290,971,055.64fromShenzhenBranchofChinaDevelopmentBankCo.,Ltd.,thetermofwhichisfrom22December2022to22September2026,andforwhichtheCompany'sparentcompanyOCTGroupprovidesjointandseveralliabilityguaranteeatthemaximumamount.
③TheCompanyhasobtainedlong-termborrowingsamountingtoRMB600,351,666.66fromtheShenzhenBranchofExport-ImportBankofChina,thetermofwhichisfrom25June2024to25June2026,andforwhichtheCompany'sparentcompanyOCTGroupprovidesjointandseveralliabilityguaranteeatthemaximumamount.
④TheCompany'ssubsidiaryAnhuiKonkahasobtainedlong-termborrowingsamountingtoRMB80,083,333.33fromChuzhouPlazaSub-branchofChinaConstructionBankCo.,Ltd.,thetermofwhichisfrom29October2021to26October2026,andforwhichtheCompanyprovidesjointandseveralliabilityguarantee.
⑤TheCompany'ssubsidiaryAnhuiKonkahasobtainedlong-termborrowingsamountingtoRMB48,486,886.48fromChuzhouBranchofAgriculturalBankofChinaCo.,Ltd.,thetermofwhichisfrom29June2023to28June2028,andforwhichtheCompanyprovidesjointandseveralliabilityguarantee.
⑥TheCompany'ssubsidiaryAnhuiTongchuanghasobtainedlong-termborrowingsamountingtoRMB29,029,000.00fromChuzhouBranchofChinaEverbrightBankCo.,Ltd.,thetermofwhichisfrom26December2023to25June2025,andforwhichtheCompanyprovidesjointand
severalliabilityguaranteeatthemaximumamount.
⑦TheCompany'ssubsidiaryKonkaXinyunSemiconductorhasobtainedlong-termborrowingsamountingtoRMB42,812,500.00fromYanchengBranchofHuaxiaBankCo.,Ltd.,thetermofwhichisfrom15September2021to21August2026,andforwhichtheCompanyprovidesjointandseveralliabilityguarantee.
⑧TheCompany'ssubsidiarySichuanKonkahasobtainedlong-termborrowingsamountingtoRMB28,053，833.34fromYibinRuralCommercialBankCo.Ltd.,thetermofwhichisfrom23May2023to26April2026,andforwhichtheCompanyprovidesjointandseveralliabilityguarantee.
⑨TheCompany'ssubsidiaryGuangDongXingDaHongYeElectronicCo.,Ltd.hasobtainedlong-termborrowingsamountingtoRMB53,501,054.41fromChengduBranchofIndustrialBankCo.,Ltd.,thetermofwhichisfrom25January2024to7November2038,andforwhichtheCompanyandGuangdongShudianTechnologyDevelopmentEnterprise(Limitedpartnership)providejointandseveralliabilityguaranteeatthemaximumamount.⑩TheCompanyhasobtainedlong-termborrowingsamountingtoRMB399,892,032.96fromGuanlanSub-branchofShenzhenRuralCommercialBankCo.,Ltd.,thetermofwhichisfrom21January2021to17January2027,andforwhichitprovideslanduserightsofacarryingvalueofRMB4,224,230.38andinvestmentpropertiesofacarryingvalueofRMB572,516,043.72andpropertiesandbuildingsofacarryingvalueofRMB61,612,474.97asmortgage.?TheCompany'ssubsidiaryAnhuiKonkahasobtainedlong-termborrowingsamountingtoRMB80,309,336.72fromChuzhouBranchofIndustrialBankCo.,Ltd.,thetermofwhichisfrom16July2021to15July2031,andforwhichitprovidesfixedassetsofacarryingvalueofRMB184,184,937.36andlanduserightsofacarryingvalueofRMB17,806,394.67asmortgage,andforwhichtheCompanyprovidesjointandseveralliabilityguarantee.?TheCompany'ssubsidiaryDongguanKonkahasobtainedlong-termborrowingsamountingtoRMB331,310,338.95fromDongguanFenggangSub-branchofAgriculturalBankofChinaCo.,Ltd.,thetermofwhichisfrom23June2021to21October2030,andforwhichitprovideslanduserightsasintangibleassetsofacarryingvalueofRMB183,797,800.67asmortgageandtheCompanyprovidesjointandseveralliabilityguarantee.?TheCompany'ssubsidiaryNantongKanghaihasobtainedlong-termborrowingsamountingtoRMB47,955,164.36fromHaimenSub-branchofBankofSuzhouCo.,Ltd.,thetermofwhichfrom24April2023to25July2025,andforwhichitprovideslanduserightsandconstructioninprogressofacarryingvalueofRMB261,709,900.51asmortgage.?TheCompany'ssubsidiaryShanxiKonkaIntelligenthasobtainedlong-termborrowingsamountingtoRMB247,747,500.00fromShanxiFreeTradeZoneXi'anInternationalPortAreaSub-branchofIndustrialandCommercialBankofChinaCo.,Ltd.,thetermofwhichisfrom28September2023to3November2033,andforwhichitprovidesinvestmentpropertiesofacarryingvalueofRMB70,800,534.86,propertiesandbuildingsofacarryingvalueofRMB257,597,123.66andlanduserightsofacarryingvalueofRMB109,812,076.81asmortgage.?TheCompany'ssubsidiaryXi'anKanghongTechnologyIndustryhasobtainedlong-termborrowingsamountingtoRMB81,540,943.64fromtheBusinessDepartmentofShanxiBranchofBankofCommunicationsCo.,Ltd.,thetermofwhichisfrom15June2023to31December2032,andforwhichitprovidespropertiesandbuildingsandlanduserightsofacarryingvalueofRMB215,867,892.57asmortgageandtheCompanyprovidesjointandseveralliabilityguaranteeatthemaximumamount.?TheCompany'ssubsidiaryYantaiKangjinhasobtainedlong-termborrowingsamountingtoRMB11,100,000.00fromYantaiRuralCommercialBankCo.Ltd.,thetermofwhichisfrom16January2023to12February2026,andforwhichitprovidesconstructioninprogressofacarryingvalueofRMB46,810,437.16asmortgage.?TheCompany'ssubsidiaryChongqingKonkahasobtainedlong-termborrowingsamountingto
RMB137,447,665.83fromChongqingLiangjiangBranchofIndustrialandCommercialBankofChinaCo.,Ltd.,thetermofwhichisfrom30December2022to29December2037,andforwhichitprovidespropertiesandbuildingsofacarryingvalueofRMB333,838,258.53andlanduserightsofacarryingvalueofRMB44,097,359.88asmortgageandtheCompanyprovidesjointandseveralliabilityguaranteeatthemaximumamount.?TheCompany'sparentcompanyOCTGrouphasextendedentrustedloansamountingtoRMB2,089,923,918.27totheCompanythroughChinaMerchantsBankCo.,Ltd.,thetermofwhichisfrom10January2022to25May2025.?TheCompany'ssubsidiaryYibinKangrunMedicalhasobtainedlong-termborrowingsamountingtoRMB52,311,352.44fromYibinBranchofIndustrialandCommercialBankofChinaCo.,Ltd.withtheaccountsreceivablearisingfromtheprospectiveearningsfromafranchiseagreementwithanappraisalvalueofRMB595,900,000.00aspledge,andthetermthereofisfrom30June2022to15April2040.?TheCompany'ssubsidiaryYibinKangrunMedicalhasobtainedlong-termborrowingsamountingtoRMB49,766,538.19fromYibinBranchofPostalSavingsBankofChinaCo.,Ltd.withtheaccountsreceivablearisingfromtheprospectiveearningsfromafranchiseagreementwithanappraisalvalueofRMB595,900,000.00aspledge,andthetermthereofisfrom30June2022to15April2040.
35.Bondspayable
（1）ListofBondsPayable
Item
| Item | Closingbalance | Openingbalance |
| Corporatebonds | 5,627,894,268.31 | 4,797,565,000.12 |
| Less:Bondspayableduewithinoneyear | 830,985,555.48 | 2,370,572,421.45 |
| Total | 4,796,908,712.83 | 2,426,992,578.67 |
（2）Changesinbondspayable
| Bondname | Totalparvalue | Issuedate | Bondmaturity | Issueamount | Openingbalance |
| 21Konka01(notea) | 1,000,000,000.00 | 2021/1/8 | Threeyears | 996,500,000.00 | 1,043,732,777.88 |
| 21Konka02(noteb) | 500,000,000.00 | 2021/5/21 | Threeyears | 498,250,000.00 | 512,094,339.67 |
| 21Konka03(notec) | 800,000,000.00 | 2021/7/9 | Threeyears | 797,200,000.00 | 814,745,303.93 |
| 22Konka01(noted) | 1,200,000,000.00 | 2022/7/14 | Threeyears | 1,195,800,000.00 | 1,217,398,867.91 |
| 22Konka03(notee) | 600,000,000.00 | 2022/9/8 | Threeyears | 597,900,000.00 | 605,499,371.09 |
| 22Konka05(notef) | 600,000,000.00 | 2022/10/18 | Threeyears | 597,900,000.00 | 604,094,339.64 |
| 24Konka01(noteg) | 1,500,000,000.00 | 2024/1/29 | Threeyears | 1,495,200,000.00 | |
| 24Konka02(noteh) | 400,000,000.00 | 2024/3/18 | Three | 398,720,000.00 |
Bondname
| Bondname | Totalparvalue | Issuedate | Bondmaturity | Issueamount | Openingbalance |
| years | |||||
| 24Konka03(notei) | 400,000,000.00 | 2024/3/18 | Threeyears | 398,720,000.00 | |
| Total | 7,000,000,000.00 | 6,976,190,000.00 | 4,797,565,000.12 |
(Continued)
| Bondname | Issuanceinthecurrentperiod | Accrueinterestbyparvalue | Amortisationofpremium/discount |
| 21Konka01(notea) | 867,222.12 | ||
| 21Konka02(noteb) | 7,722,222.21 | 183,438.12 | |
| 21Konka03(notec) | 15,800,000.00 | 440,251.55 | |
| 22Konka01(noted) | 19,380,000.00 | 660,377.29 | |
| 22Konka03(notee) | 9,900,000.00 | 330,188.74 | |
| 22Konka05(notef) | 10,500,000.00 | 330,188.74 | |
| 24Konka01(noteg) | 1,495,200,000.00 | 25,500,000.00 | 998,113.18 |
| 24Konka02(noteh) | 398,720,000.00 | 4,622,222.21 | 199,077.58 |
| 24Konka03(notei) | 398,720,000.00 | 4,656,888.88 | 199,077.57 |
| Total | 2,292,640,000.00 | 98,948,555.42 | 3,340,712.77 |
(Continued)
| Bondname | Prepaymentinthecurrentperiod | Closingbalance |
| 21Konka01(notea) | 1,044,600,000.00 | |
| 21Konka02(noteb) | 520,000,000.00 | |
| 21Konka03(notec) | 830,985,555.48 | |
| 22Konka01(noted) | 1,237,439,245.20 | |
| 22Konka03(notee) | 615,729,559.83 | |
| 22Konka05(notef) | 614,924,528.38 | |
| 24Konka01(noteg) | 1,521,698,113.18 | |
| 24Konka02(noteh) | 403,541,299.79 | |
| 24Konka03(notei) | 403,575,966.45 | |
| Total | 1,564,600,000.00 | 5,627,894,268.31 |
Note1:
a:On8January2021,theCompanyissuedRMB1billionofprivateplacementcorporatebondswiththedurationofthreeyears,theannualinterestrateof4.46%andtheduedateof8January
2024."21Konka01"wasfullyredeemedanddelistedfromtheexchangeon8January2024.b:On21May2021,theCompanyissuedRMB500millionofprivateplacementcorporatebondswiththedurationofthreeyears,theannualinterestrateof4.00%andtheduedateof21May2024."21Konka02"wasfullyredeemedanddelistedfromtheexchangeon21May2024.c:On9July2021,theCompanyissuedRMB800millionofprivateplacementcorporatebondswiththedurationofthreeyears,theannualinterestrateof3.95%andtheduedateof9July2024."21Konka03"wasfullyredeemedanddelistedfromtheexchangeon9July2024.d:On14July2022,theCompanyissuedRMB1.2billionofpublicplacementcorporatebondswiththedurationofthreeyears,theannualinterestrateof3.23%andtheduedateof14July2025.e:On8September2022,theCompanyissuedRMB600millionofprivateplacementcorporatebondswiththedurationofthreeyears,theannualinterestrateof3.30%andtheduedateof8September2025.f:On18October2022,theCompanyissuedRMB600millionofprivateplacementcorporatebondswiththedurationofthreeyears,theannualinterestrateof3.50%andtheduedateof18October2025.g:On29January2024,theCompanyissuedRMB1.5billionofprivateplacementcorporatebondswiththedurationofthreeyears,theannualinterestrateof4.00%andtheduedateof29January2027.h:On18March2024,theCompanyissuedRMB0.4billionofprivateplacementcorporatebondswiththedurationofthreeyears,theannualinterestrateof4.00%andtheduedateof18March2027.i:On18March2024,theCompanyissuedRMB0.4billionofprivateplacementcorporatebondswiththedurationofthreeyears,theannualinterestrateof4.03%andtheduedateof18March2027.Note2:OCTGroupprovidedfull-amount,unconditionalandirrevocablejointandseveralliabilitiesguaranteefortheduepaymentofthepublicandprivateofferingofcorporatebonds.
36.Leaseliabilities
Item
| Item | Closingbalance | Openingbalance |
| Leaseliabilities | 216,913,078.79 | 212,244,920.84 |
| Less:Leaseliabilitiesduewithinoneyear(seeNoteVI-32) | 50,971,866.23 | 52,026,101.92 |
| Total | 165,941,212.56 | 160,218,818.92 |
37.Long-termpayables
| Item | Closingbalance | Openingbalance |
| Payablesforequipment | 5,488,624.85 | 6,823,209.13 |
| Less:Unrecognisedfinancingexpenses | 390,942.07 | 545,824.62 |
Less:Amountduewithinoneyear(seeNoteVI-32)
| Less:Amountduewithinoneyear(seeNoteVI-32) | 140,336.20 | 141,650.44 |
| Total | 4,957,346.58 | 6,135,734.07 |
38.Long-termpayrollpayables
| Item | Closingbalance | Openingbalance |
| Terminationbenefits-netliabilitiesofdefinedcontributionplans | 4,661,069.67 | 4,718,466.37 |
| Total | 4,661,069.67 | 4,718,466.37 |
39.Estimatedliabilities
| Item | Closingbalance | Openingbalance | Cause(s) |
| Pendinglitigation | 206,591.51 | 206,591.51 | |
| Discardexpenses | 1,684,347.81 | 1,644,068.13 | |
| Productqualityassurance | 120,667,033.32 | 101,726,574.07 | After-salesofhouseholdappliances |
| Performancecompensation | 200,942,606.09 | 200,942,606.09 | |
| Total | 323,500,578.73 | 304,519,839.80 |
40.Deferredrevenue
（1）Categoryofdeferredincome
Item
| Item | Openingbalance | Increaseinthecurrentperiod | Decreaseinthecurrentperiod | Closingbalance | Cause(s) |
| Governmentgrants | 425,135,237.90 | 15,638,700.00 | 32,082,830.68 | 408,691,107.22 | Relatedtoassets/income |
| Total | 425,135,237.90 | 15,638,700.00 | 32,082,830.68 | 408,691,107.22 |
（2）Governmentsubsidyitems
| Governmentsubsidyitems | Openingbalance | Subsidiesincreasedinthecurrentperiod | Amountrecognisedasnon-operatingincomeinthecurrentperiod | Amountrecognisedasotherincomeinthecurrentperiod | Otherchanges | Closingbalance | Relatedtoassets/income |
| Headquarters8Kdevice-sideR&DprojectofKonkaGroup | 22,424,922.40 | 3,000,000.00 | 1,064,187.26 | 24,360,735.14 | Relatedtoassets | ||
| PlantconstructionsubsidyforYibinKonkaIndustrialPark | 103,545,436.45 | 1,159,766.16 | 102,385,670.29 | Relatedtoassets | |||
| PlantdecorationsubsidyforYibinKonkaIndustrialPark | 10,074,508.36 | 719,607.72 | 9,354,900.64 | Relatedtoassets | |||
| EquipmentsubsidyforKonkaXinyunSemiconductor(Yancheng) | 9,696,681.53 | 449,675.04 | 9,247,006.49 | Relatedtoincome | |||
| ReturnedpaymentsforlandbyChongqingKonka | 17,934,545.55 | 196,363.62 | 17,738,181.93 | Relatedtoassets |
Governmentsubsidyitems
| Governmentsubsidyitems | Openingbalance | Subsidiesincreasedinthecurrentperiod | Amountrecognisedasnon-operatingincomeinthecurrentperiod | Amountrecognisedasotherincomeinthecurrentperiod | Otherchanges | Closingbalance | Relatedtoassets/income |
| MedicalwastecentralisedtreatmentprojectinGaoxianCounty,YibinCity | 29,150,950.10 | 865,869.78 | 28,285,080.32 | Relatedtoassets | |||
| Othergovernmentsubsidiesrelatedtoassets/income | 232,308,193.51 | 12,638,700.00 | 13,627,361.10 | 14,000,000.00 | 217,319,532.41 | Relatedtoassets/income | |
| Total | 425,135,237.90 | 15,638,700.00 | 18,082,830.68 | 14,000,000.00 | 408,691,107.22 |
41.Othernon-currentliabilities
Item
| Item | Closingbalance | Openingbalance |
| Contractliabilitiesoveroneyear | 205,172,360.96 | 179,996,351.33 |
| Total | 205,172,360.96 | 179,996,351.33 |
42.Sharecapital
| Item | Openingbalance | Increase/decrease(+/-)inthecurrentperiod | Closingbalance | ||||
| Newsharesissued | Bonusissue | Bonusissuefromprofit | Others | Subtotal | |||
| Totalshares | 2,407,945,408.00 | 2,407,945,408.00 | |||||
43.Capitalreserves
| Item | Openingbalance | Increaseinthecurrentperiod | Decreaseinthecurrentperiod | Closingbalance |
| Othercapitalsurplus | 526,499,506.76 | 6,498,827.39 | 11,288,034.03 | 521,710,300.12 |
| Total | 526,499,506.76 | 6,498,827.39 | 11,288,034.03 | 521,710,300.12 |
Note:CapitalsurplusfortheReportingPeriod--othercapitalsurplusincreaseanddecreaseduetothemainreasons:
①TheassociatedenterpriseWuhanTianyuanEnvironmentalProtectionCo.,Ltd.issuedconversionofconvertiblebonds,resultinginadecreaseinothercapitalsurplusofRMB11,288,034.03.
②TheequityincentivesoftheassociatedenterpriseHefeiKONSEMIStorageTechnologyCo.,Ltd.resultedinanincreaseinothercapitalsurplusofRMB6,498,827.39.
44.Othercomprehensiveincome
Item
| Item | Beginningoftheperiod | Amountincurredinthecurrentperiod | Endoftheperiod | |||||
| Balance | Amountincurredbeforeincometaxinthecurrentperiod | Less:AmountrecognisedasothercomprehensiveincomeinthepreviousperiodandtransferredtoprofitorlossintheReportingPeriod | Less:AmountrecognisedasothercomprehensiveincomeinthepreviousperiodandtransferredtoretainedearningsintheReportingPeriod | Less:Incometaxexpense | Attributabletotheparentcompanyaftertax | Attributabletominorityshareholdersaftertax | Balance | |
| I.Othercomprehensiveincomethatcannotbereclassifiedasprofitsorlosses | -6,398,878.20 | -6,398,878.20 | ||||||
| Changesinthefairvalueofotherequityinstrumentinvestments | -6,398,878.20 | -6,398,878.20 | ||||||
| Others | ||||||||
| II.Othercomprehensiveincomereclassifiedasprofitsandlosses | -7,044,680.24 | -2,253,474.92 | -681,509.64 | -1,571,965.28 | -7,726,189.88 | |||
| Including:Othercomprehensiveincomethatcanbetransferredtoprofitsorlossesundertheequitymethod | -4,115,978.90 | -83,919.23 | -83,919.23 | -4,199,898.13 | ||||
| Exchangedifferenceontranslatingforeign | -2,928,701.34 | -2,169,555.69 | -597,590.41 | -1,571,965.28 | -3,526,291.75 | |||
Item
| Item | Beginningoftheperiod | Amountincurredinthecurrentperiod | Endoftheperiod | |||||
| Balance | Amountincurredbeforeincometaxinthecurrentperiod | Less:AmountrecognisedasothercomprehensiveincomeinthepreviousperiodandtransferredtoprofitorlossintheReportingPeriod | Less:AmountrecognisedasothercomprehensiveincomeinthepreviousperiodandtransferredtoretainedearningsintheReportingPeriod | Less:Incometaxexpense | Attributabletotheparentcompanyaftertax | Attributabletominorityshareholdersaftertax | Balance | |
| operations | ||||||||
| Totalofothercomprehensiveincome | -13,443,558.44 | -2,253,474.92 | -681,509.64 | -1,571,965.28 | -14,125,068.08 | |||
45.Specialreserve
Item
| Item | Openingbalance | Increaseinthecurrentperiod | Decreaseinthecurrentperiod | Closingbalance |
| Safetyproductionfund | 4,657,488.24 | 2,537,402.71 | 579,353.59 | 6,615,537.36 |
| Total | 4,657,488.24 | 2,537,402.71 | 579,353.59 | 6,615,537.36 |
46.Surplusreserves
| Item | Openingbalance | Increaseinthecurrentperiod | Decreaseinthecurrentperiod | Closingbalance |
| Statutorysurplusreserves | 1,005,961,774.19 | 1,005,961,774.19 | ||
| Discretionarysurplusreserves | 238,218,590.05 | 238,218,590.05 | ||
| Total | 1,244,180,364.24 | 1,244,180,364.24 |
47.Unappropriatedprofit
| Item | Thecurrentperiod | Lastperiod |
| Balanceasattheendoflastperiod | 1,474,561,975.85 | 3,638,352,029.02 |
| Add:Totalbeginningbalanceofretainedearningsbeforeadjustments | ||
| Including:Changesinaccountingpolicies | ||
| Openingbalanceofcurrentperiod | 1,474,561,975.85 | 3,638,352,029.02 |
| Add:Netprofitattributabletoownersoftheparentcompanyinthecurrentperiod | -1,087,581,842.55 | -2,163,790,053.17 |
| Less:Appropriationofstatutorysurplusreserves | ||
| Ordinarysharedividendspayable | ||
| Closingbalanceofthecurrentperiod | 386,980,133.30 | 1,474,561,975.85 |
48.Operatingrevenueandcostofsales
（1）Operatingincomeandoperatingcosts
| Item | Amountincurredinthecurrentperiod | Amountincurredlastperiod | ||
| Income | Cost | Income | Cost | |
| Principalbusiness | 5,085,252,685.02 | 4,774,748,009.74 | 9,989,383,650.13 | 9,658,914,170.75 |
| Otherbusiness | 327,277,687.45 | 235,221,605.28 | 482,677,521.81 | 420,429,613.36 |
Item
| Item | Amountincurredinthecurrentperiod | Amountincurredlastperiod | ||
| Total | 5,412,530,372.47 | 5,009,969,615.02 | 10,472,061,171.94 | 10,079,343,784.11 |
（2）Informationonthebreakdownofoperatingrevenueandcostofsales
| Categoryofcontracts | Operatingincome | Operatingexpenses |
| Businesstype | ||
| Ofwhich:Consumerappliancesbusiness | 2,247,070,655.48 | 2,014,585,214.49 |
| ColourTVbusiness | 2,115,790,827.61 | 2,069,113,672.93 |
| PCBbusiness | 231,558,538.52 | 201,913,961.50 |
| Semiconductorandmemorychipbusiness | 82,962,696.19 | 104,195,917.13 |
| Otherbusiness | 735,147,654.67 | 620,160,848.97 |
| Total | 5,412,530,372.47 | 5,009,969,615.02 |
| Classifiedbyoperatingregion | ||
| Ofwhich:Domestic | 4,046,161,239.69 | 3,696,751,585.18 |
| Overseas | 1,366,369,132.78 | 1,313,218,029.84 |
| Total | 5,412,530,372.47 | 5,009,969,615.02 |
（3）InformationinrelationtothetradepriceapportionedtotheresidualcontractperformanceobligationTheamountofrevenuecorrespondingtoperformanceobligationsthathavebeencontractedbuthavenotyetbeenfulfilledorcompletedattheendoftheperiodisRMB1,061,116,290.83,ofwhichRMB885,586,483.67isexpectedtoberecognisedasrevenuein2024,andtheremainingRMB175,529,807.16isexpectedtoberecognisedasrevenuein2025andfollowingyears.
49.Taxesandsurcharges
| Item | Amountincurredinthecurrentperiod | Amountincurredlastperiod |
| Stampduty | 20,423,713.44 | 17,006,122.55 |
| Landusetax | 10,267,616.69 | 8,628,212.80 |
| Propertytax | 22,000,493.47 | 9,429,982.31 |
| Citymaintenance&constructiontax | 3,736,313.54 | 3,916,672.25 |
| Educationalsurcharge | 1,783,117.24 | 1,795,764.31 |
| Localeducationalsurcharge | 1,124,579.62 | 1,197,136.14 |
Item
| Item | Amountincurredinthecurrentperiod | Amountincurredlastperiod |
| Waterresourcesfund | 466,801.02 | 474,599.45 |
| Others | 4,890,300.09 | 270,476.72 |
| Total | 64,692,935.11 | 42,718,966.53 |
50.Sellingexpenses
| Item | Amountincurredinthecurrentperiod | Amountincurredlastperiod |
| Employeebenefits | 179,816,426.03 | 171,827,349.50 |
| Advertisingexpense | 58,845,808.44 | 114,639,309.81 |
| Warrantyfee | 97,656,311.72 | 80,388,332.75 |
| Promotionalactivities | 81,436,139.43 | 95,664,759.55 |
| LogisticFee | 36,650,239.62 | 41,136,310.25 |
| Travelexpenses | 10,047,637.20 | 9,554,537.27 |
| Leaseexpense | 4,534,869.11 | 5,281,279.82 |
| Entertainmentfees | 5,092,642.27 | 6,056,077.13 |
| Exhibitionexpenses | 3,678,606.92 | 5,525,688.44 |
| Taxesandfund | 549,965.00 | |
| Others | 17,617,773.52 | 27,913,056.01 |
| Total | 495,376,454.26 | 558,536,665.53 |
51.Administrationexpenses
| Item | Amountincurredinthecurrentperiod | Amountincurredlastperiod |
| Employeebenefits | 154,300,923.47 | 201,752,601.81 |
| Depreciationcharges | 112,987,437.91 | 103,962,882.38 |
| Intermediaryfees | 10,762,242.10 | 20,680,100.93 |
| Travelexpenses | 3,069,025.63 | 6,391,903.53 |
| Waterandelectricityexpenses | 6,470,775.15 | 5,169,402.73 |
| Lossonscrapingofinventories | 544,223.62 | 580,512.03 |
| Others | 27,811,392.14 | 51,707,164.36 |
| Total | 315,946,020.02 | 390,244,567.77 |
52.R&Dexpense
Item
| Item | Amountincurredinthecurrentperiod | Amountincurredlastperiod |
| Salary | 112,601,611.50 | 125,331,251.82 |
| Depreciationandamortisationcharge | 55,043,697.25 | 52,673,986.51 |
| Newproducttrialproductionexpense | 13,867,547.29 | 12,377,094.01 |
| Materialexpense | 9,254,000.43 | 17,796,228.66 |
| Commissionservicefee | 222,156.14 | 2,048,184.94 |
| Testingexpense | 2,797,313.59 | 3,249,155.22 |
| Informationusefee | 369,876.67 | 360,938.22 |
| Others | 20,421,823.94 | 23,197,053.73 |
| Total | 214,578,026.81 | 237,033,893.11 |
53.Financecosts
| Item | Amountincurredinthecurrentperiod | Amountincurredlastperiod |
| Interestexpense | 407,018,728.71 | 432,772,700.64 |
| Less:Interestincome | 116,244,724.79 | 123,908,981.38 |
| Add:Exchangeloss | -25,405,623.27 | -133,558,528.06 |
| Otherexpenses | 15,543,995.01 | 23,770,433.30 |
| Total | 280,912,375.66 | 199,075,624.50 |
54.Otherincome
| Resources | Amountincurredinthecurrentperiod | Amountincurredlastperiod |
| Supportfunds | 13,782,260.00 | 70,000,000.00 |
| Rewardsandsubsidies | 22,036,812.48 | 23,457,361.87 |
| Transferofdeferredincome | 18,082,830.68 | 38,449,192.67 |
| Softwaretaxrefund | 1,596,783.94 | 3,434,829.42 |
| Postsubsidies | 110,985.80 | 541,457.45 |
| SubsidiesforL/Cexports | 1,158,714.67 | 2,034,374.00 |
| Taxrebatesandrefunds | 56,768,387.57 | 137,917,215.41 |
55.Investmentincome
Item
| Item | Amountincurredinthecurrentperiod | Amountincurredlastperiod |
| Returnsonlong-termequityinvestmentscalculatedbytheequitymethod | -41,296,057.12 | -30,242,661.05 |
| Returnoninvestmentarisingfromthedisposaloflong-termequityinvestments | 2,450,000.00 | 188,118,447.66 |
| Conversionoflong-termequityinvestmentsaccountedforbytheequitymethodtofinancialassets | 574,780,174.75 | |
| Incomefromremeasurementofresidualstockrightsatfairvalueafterlosingcontrolpower | 51,474,909.15 | |
| Interestincomefromdebtinvestmentsduringtheholdingperiod | 9,640,886.02 | 36,609,075.35 |
| Returnoninvestmentinthefinancialassetsheldfortradingduringtheholdingperiod | 4,240,444.62 | 9,383,976.00 |
| Incomefromthederecognitionoffinancialassetsatamortizedcost | -1,970,677.82 | |
| Investmentincomefromdisposaloffinancialassetsatfairvaluethroughprofitorloss | 11,456.91 | -3,794,910.98 |
| Others | 31,971,391.61 | 500,000.00 |
| Total | 5,047,444.22 | 826,829,010.88 |
56.Incomefromchangesinthefairvalue
| Sourcesofincomefromchangesinthefairvalue | Amountincurredinthecurrentperiod | Amountincurredlastperiod |
| Financialassetsatfairvaluethroughprofitorloss | -179,800,523.76 | -132,580,077.43 |
| Total | -179,800,523.76 | -132,580,077.43 |
57.Creditimpairmentloss
| Item | Amountincurredinthecurrentperiod | Amountincurredlastperiod |
| Baddebtlossofnotesreceivable | -16,435.60 | 6,446,862.01 |
| Baddebtlossofaccountsreceivable | -25,990,993.24 | -50,164,953.87 |
| Baddebtlossofotheraccountsreceivable | -137,072,004.34 | -96,474,587.50 |
| Total | -163,079,433.18 | -140,192,679.36 |
58.Impairmentlossesonassets
| Item | Amountincurredinthecurrentperiod | Amountincurredlastperiod |
Item
| Item | Amountincurredinthecurrentperiod | Amountincurredlastperiod |
| Inventorydepreciationlossandcontractperformancecostimpairmentloss | -81,109,796.34 | -15,274,484.20 |
| Impairmentlossoflong-termequityinvestments | -245,911.63 | |
| Impairmentlossonfixedassets | -10,646,284.08 | |
| Contractualassetimpairmentloss | -10,874.90 | -9,012.56 |
| Total | -92,012,866.95 | -15,283,496.76 |
59.Assetdisposalincome("-"forloss)
| Item | Amountincurredinthecurrentperiod | Amountincurredlastperiod | Amountrecordedintothenon-recurringprofitorlossofcurrentperiod |
| Incomesfromdisposalofheld-for-saleassets | |||
| Incomesfromdisposalofnon-currentassets | 590,329.38 | 64,713.62 | 590,329.38 |
| Including:incomesfromdisposalofnon-currentassetsnotclassifiedasheld-for-saleassets | 590,329.38 | 64,713.62 | 590,329.38 |
| Including:Fixedassetsdisposalincome | 54,072.55 | -195,494.55 | 54,072.55 |
| Intangibleassetsdisposalincome | 18,588.36 | ||
| Incomefromdisposalofconstructioninprogress | |||
| Right-of-useassetsdisposalincome | 536,256.83 | 241,619.81 | 536,256.83 |
| Incomefromnon-monetaryassetsexchange | |||
| Incomefromdisposalofnon-currentassetsindebtrestructuring | |||
| Total | 590,329.38 | 64,713.62 | 590,329.38 |
60.Non-operatingincome
（1）ListofNon-operatingIncome
| Item | Amountincurredinthecurrentperiod | Amountincurredlastperiod | Amountrecordedintothenon-recurringprofitorlossofcurrentperiod |
Item
| Item | Amountincurredinthecurrentperiod | Amountincurredlastperiod | Amountrecordedintothenon-recurringprofitorlossofcurrentperiod |
| Compensationandpenaltyincome | 3,092,879.89 | 2,522,169.54 | 3,092,879.89 |
| Governmentgrantsnotrelatedtotheordinaryactivitiesoftheenterprise | 8,708,660.28 | ||
| Non-currentassetsdamageandretirementgains | 7,433.54 | 450.00 | 7,433.54 |
| Others | 12,673,210.46 | 6,094,337.36 | 12,673,210.46 |
| Total | 15,773,523.89 | 17,325,617.18 | 15,773,523.89 |
（2）GovernmentsubsidiesrecordedinprofitorlossofthecurrentperiodTheCompanyhadnogovernmentsubsidiesrecordedinprofitorlossinthecurrentperiod.
61.Non-operatingexpenses
| Item | Amountincurredinthecurrentperiod | Amountincurredlastperiod | Amountrecordedintothenon-recurringprofitorlossofcurrentperiod |
| Lossesondamageandscrapingofnon-currentassets | 2,221,846.15 | 1,419,908.80 | 2,221,846.15 |
| Compensationexpense | 294,044.54 | 54,800.00 | 294,044.54 |
| Others | 3,639,914.15 | 2,851,899.22 | 3,639,914.15 |
| Total | 6,155,804.84 | 4,326,608.02 | 6,155,804.84 |
62.Incometaxexpense
（1）Incometaxexpense
| Item | Amountincurredinthecurrentperiod | Amountincurredlastperiod |
| Incometaxexpenseinthecurrentperiod | 7,537,422.29 | 27,239,426.46 |
| Deferredincometaxexpense | -58,813,265.42 | -43,950,094.04 |
| Total | -51,275,843.13 | -16,710,667.58 |
（2）Adjustmentprocessofaccountingprofitsandincometaxexpenses
| Item | Amountincurredinthecurrentperiod |
| Totalconsolidatedprofitinthecurrentperiod | -1,331,813,998.08 |
| Incometaxexpensecalculatedatlegal/applicabletaxrate | -332,953,499.52 |
| Impactofdifferenttaxratesappliedbysubsidiaries | 49,670,857.48 |
Item
| Item | Amountincurredinthecurrentperiod |
| Impactofincometaxintheperiodsbeforeadjustment | 2,029,136.42 |
| Impactofnon-taxableincome | -1,326,854.19 |
| Impactsofnon-deductiblecosts,expenses,andlosses | 6,364,150.59 |
| Impactofusingdeductiblelossesonthedeferredtaxassetsnotrecognisedpreviously | -3,249,242.62 |
| Impactofdeductibletemporarydifferencesordeductiblelossesofdeferredtaxassetsnotrecognisedinthecurrentperiod | 232,204,752.55 |
| Changesinthebalanceofdeferredincometaxassets/liabilitiesinpreviousperiodduetoadjustmentoftaxrate | |
| Others | -4,015,143.83 |
| Incometaxexpense | -51,275,843.13 |
63.OthercomprehensiveincomeFordetails,pleasereferto"NoteVI-44Othercomprehensiveincome".
64.Itemsinthecashflowstatement
（1）Cashrelatedtooperatingactivities1）Othercashreceivedrelatedtooperatingactivities
| Item | Amountincurredinthecurrentperiod | Amountincurredlastperiod |
| Incomefromgovernmentsubsidies | 48,053,764.37 | 196,790,552.27 |
| Frontmoneyandguaranteedeposit | 46,360,237.95 | 107,899,740.15 |
| Tradingfunds | 30,412,346.71 | 45,235,678.79 |
| Interestincomefrombankdeposits | 42,714,837.97 | 49,564,086.35 |
| Compensationandpenaltyincome | 7,630,486.32 | 8,691,566.66 |
| Others | 35,512,873.11 | 26,051,273.52 |
| Total | 210,684,546.43 | 434,232,897.74 |
2）Othercashpaidrelatedtooperatingactivities
| Item | Amountincurredinthecurrentperiod | Amountincurredlastperiod |
| Cashpaymentfee | 402,018,344.95 | 535,602,399.78 |
| Depositandmargin | 44,313,952.61 | 146,237,387.07 |
Item
| Item | Amountincurredinthecurrentperiod | Amountincurredlastperiod |
| Paymentmadeonbehalf | 124,940.56 | 5,640,757.14 |
| Expenseforbankhandlingcharges | 2,373,726.27 | 2,735,395.17 |
| Others | 16,687,924.10 | 65,077,290.21 |
| Total | 465,518,888.49 | 755,293,229.37 |
（2）Cashrelatedtoinvestmentactivities1）Significantcashreceivedrelatedtoinvestmentactivities
| Item | Amountincurredinthecurrentperiod | Amountincurredlastperiod |
| Recoveryofloanatcall | 10,535,206.45 | 382,971,149.03 |
| Total | 10,535,206.45 | 382,971,149.03 |
2）Significantcashpaidrelatedtoinvestmentactivities
| Item | Amountincurredinthecurrentperiod | Amountincurredlastperiod |
| Paymentofloanatcall | 310,116,949.03 | |
| Total | 310,116,949.03 |
3）Othercashreceivedrelatedtoinvestmentactivities
| Item | Amountincurredinthecurrentperiod | Amountincurredlastperiod |
| Recoveryofloanatcall | 10,535,206.45 | 382,971,149.03 |
| Cashreceivedfromacquisitionofsubsidiaries | ||
| Others | 12,609,773.16 | 46,988,449.65 |
| Total | 23,144,979.61 | 429,959,598.68 |
4）Othercashpaidrelatedtoinvestmentactivities
| Item | Amountincurredinthecurrentperiod | Amountincurredlastperiod |
| Paymentofloanatcall | 310,116,949.03 | |
| Cashpaidfordisposalofsubsidiaries | ||
| Others | 2,127,401.00 | 161,037,718.80 |
Item
| Item | Amountincurredinthecurrentperiod | Amountincurredlastperiod |
| Total | 2,127,401.00 | 471,154,667.83 |
（3）Cashrelatedtofinancingactivities1）Otherproceedsreceivedrelatedtofinancingactivities
| Item | Amountincurredinthecurrentperiod | Amountincurredlastperiod |
| Recoveryofmargindepositpledged | 354,016,478.39 | 219,929,641.72 |
| Receivingloanatcall | 50,370,200.00 | |
| Others | ||
| Total | 354,016,478.39 | 270,299,841.72 |
2）Othercashpaidrelatedtofinancingactivities
| Item | Amountincurredinthecurrentperiod | Amountincurredlastperiod |
| Depositasmarginforpledge | 663,728,905.41 | 401,172,422.54 |
| Cashpaidforleases | 21,561,318.50 | 62,969,375.44 |
| Retuningloanatcall | 17,268,436.34 | 1,870,614.17 |
| Financingcost | 13,578,122.88 | 20,729,450.01 |
| Others | 4,101,071.57 | |
| Total | 720,237,854.70 | 486,741,862.16 |
3）Changesinliabilitiesarisingfromfinancingactivities
Item
| Item | Openingbalance | Increaseinthecurrentperiod | Decreaseinthecurrentperiod | Closingbalance | ||
| Cashchanges | Non-cashchanges | Cashchanges | Non-cashchanges | |||
| Non-currentliabilitiesduewithinoneyear | 5,314,147,396.36 | 3,554,889,000.05 | 4,420,572,739.53 | 847,524,249.31 | 3,600,939,407.57 | |
| Short-termloans | 6,390,592,056.27 | 4,722,488,141.61 | 95,250,537.68 | 4,698,063,104.58 | 180,000.03 | 6,510,087,630.95 |
| Long-termloans | 7,779,150,079.88 | 2,399,991,403.90 | 220,066,042.50 | 474,380,098.93 | 2,719,039,089.72 | 7,205,788,337.63 |
| Bondspayable | 2,426,992,578.67 | 2,292,640,000.00 | 916,756,951.59 | 8,495,261.95 | 830,985,555.48 | 4,796,908,712.83 |
| Leaseliabilities | 160,218,818.92 | 38,146,433.42 | 18,785,621.02 | 13,638,418.76 | 165,941,212.56 | |
| Long-termpayables | 6,135,734.07 | 156,196.78 | 1,156,606.99 | 177,977.28 | 4,957,346.58 | |
| Total | 22,077,236,664.17 | 9,415,119,545.51 | 4,825,265,162.02 | 9,621,453,433.00 | 4,411,545,290.58 | 22,284,622,648.12 |
（4）NotestothepresentationofcashflowsonanetbasisNocashflowswerepresentedonanetbasisinthecurrentperiod.
（5）Significantactivitiesandfinancialeffectsthatdonotinvolvecurrentcashreceiptsandpaymentsbutaffectthefinancialpositionoftheenterpriseormayaffecttheenterprise'scashflowsinthefuture
Item
| Item | Amountincurredinthecurrentperiod |
| Paymentformaterialsmadebyendorsementofnotesreceivable | 1,011,509,768.95 |
| Acquisitionoflong-termassetsbyendorsementofnotesreceivable | 47,756,919.89 |
| Otherpaymentsmadebyendorsementofnotesreceivable | 86,393,313.21 |
65.Supplementarydataonthestatementsofcashflows
（1）Supplementarydataonthestatementsofcashflows
| Item | Amountofcurrentperiod | Amountoflastperiod |
| 1.Reconciliationofnetprofittocashflowsfromoperatingactivities: | — | — |
| Netprofit | -1,280,538,154.95 | -328,427,966.51 |
| Add:Provisionforassetimpairment | 92,012,866.95 | 15,283,496.76 |
| Creditimpairmentloss | 163,079,433.18 | 140,192,679.36 |
| Depreciationoffixedassets,depletionofoilandgasassets,anddepreciationofproductivebiologicalassets | 229,778,679.61 | 217,019,718.21 |
| Depreciationofright-of-useassets | 28,010,441.12 | 11,748,166.57 |
| Amortisationofintangibleassets | 25,884,982.90 | 26,128,581.85 |
| Amortisationoflong-termprepaidexpense | 68,829,106.66 | 62,948,271.42 |
| Lossesondisposaloffixedassets,intangibleassetsandotherlong-livedassets(""indicatesincome) | -590,329.38 | -64,713.62 |
| Lossesonscrapoffixedassets(""indicatesincome) | 2,214,412.61 | 1,419,458.80 |
| Lossesonchangesinfairvalue(""indicatesincome) | 179,800,523.76 | 132,580,077.43 |
| Financecosts(""indicatesincome) | 354,429,278.33 | 383,689,359.03 |
| Investmentloss(""indicatesincome) | -5,047,444.22 | -826,829,010.88 |
| Decreaseindeferredincometaxassets(""indicatesincrease) | -13,013,812.53 | -154,867,914.83 |
| Increaseindeferredincometaxliabilities(""indicates | -45,799,452.88 | 110,917,820.79 |
Item
| Item | Amountofcurrentperiod | Amountoflastperiod |
| decrease) | ||
| Decreaseininventories(""indicatesincrease) | -286,354,098.48 | -265,531,923.08 |
| Decreaseinaccountsreceivablegeneratedfromoperatingactivities(""indicatesincrease) | 106,159,668.41 | 13,821,648.87 |
| Increaseinaccountspayableusedinoperatingactivities(""indicatesdecrease) | -40,111,635.54 | 296,871,337.26 |
| Others | -18,082,830.68 | -38,449,192.67 |
| Netcashflowsfromoperatingactivities | -439,338,365.13 | -201,550,105.24 |
| 2.Significantinvestmentandfinancingactivitiesnotinvolvingcash | ||
| Conversionofliabilitiesintocapital | ||
| Convertiblecorporatebondsduewithinoneyear | ||
| Fixedassetsacquiredunderfinanceleases | ||
| 3.Netchangesincashandcashequivalents: | ||
| Balanceofcashattheendoftheperiod | 4,378,374,510.08 | 6,030,068,656.57 |
| Less:Openingbalanceofcash | 5,674,784,349.55 | 5,461,912,010.90 |
| Add:Closingbalanceofcashequivalents | ||
| Less:Openingbalanceofcashequivalents | ||
| Netincreaseincashandcashequivalents | -1,296,409,839.47 | 568,156,645.67 |
（2）NetcashpaidfortheacquisitionofsubsidiariesinthecurrentperiodNosuchcasesintheReportingPeriod.
（3）NetcashreceivedforthedisposalofsubsidiariesinthecurrentperiodNosuchcasesintheReportingPeriod.
（4）Compositionofcashandcashequivalents
| Item | Closingbalance | Openingbalance |
| Cash | 4,378,374,510.08 | 5,674,784,349.55 |
| Including:Cashonhand | 469.28 | |
| Bankdepositsavailableforpaymentatanytime | 4,375,229,927.84 | 5,672,034,875.67 |
| Othermonetaryfundsavailableforpaymentatanytime | 3,144,582.24 | 2,749,004.60 |
Item
| Item | Closingbalance | Openingbalance |
| Balanceofcashandcashequivalentsattheendoftheperiod | 4,378,374,510.08 | 5,674,784,349.55 |
（5）Presentationofcashandcashequivalentswithrestricteduse
| Item | Amountofcurrentperiod | Amountoflastperiod | Reasonsforclassifyingthefundsascashandcashequivalents |
| Projectloanproceeds | 22,487,519.50 | 20,347,896.55 | Theproceedscanbeusedatanytimetomakepayments,andsuchpaymentscanonlybemadeforprojects |
| Projectpre-salefunds | 18,266,154.30 | 22,377,807.75 | Theproceedscanbeusedatanytimetomakepayments,andsuchpaymentscanonlybemadeforprojects |
| Total | 40,753,673.80 | 42,725,704.30 | — |
（6）Monetaryfundsnotclassifiedascashandcashequivalents
| Item | Amountofcurrentperiod | Amountoflastperiod | Reasonsfornotclassifyingthefundsascashandcashequivalents |
| Cashdeposit | 441,866,862.11 | 440,390,112.54 | Itispledgedforborrowingordepositforissuanceofbankeracceptance |
| Timedeposits | 469,680,000.00 | 226,700,000.00 | Themanagementintendstoholdthedepositstomaturity |
| Frozenfunds | 224,449,207.24 | 211,180,037.05 | Notreadilyavailableforpayment |
| Total | 1,135,996,069.35 | 878,270,149.59 | — |
66.ItemsintheStatementofChangesinShareholders'EquityNo"other"amountintheclosingamountoflastyearwasadjustedinthecurrentperiod.
67.Foreigncurrencymonetaryitems
（1）Foreigncurrencymonetaryitems
| Item | Period-endforeigncurrencybalance | Exchangerate | Period-endbalancedenominatedinRMB |
| Monetaryassets |
Item
| Item | Period-endforeigncurrencybalance | Exchangerate | Period-endbalancedenominatedinRMB |
| Including:USD | 66,033,733.90 | 7.1268 | 470,609,214.76 |
| EUR | 102,467.40 | 7.6617 | 785,074.48 |
| EGP | 55,989,392.53 | 0.1484 | 8,307,832.66 |
| GBP | 1.32 | 9.0430 | 11.94 |
| HKD | 3,461,326.45 | 0.9127 | 3,159,083.42 |
| CAD | 6.96 | 5.2274 | 36.38 |
| PLN | 3,231,330.02 | 1.7689 | 5,715,829.73 |
| Accountsreceivable | |||
| Including:USD | 83,486,351.12 | 7.1268 | 594,990,527.16 |
| EUR | 439,537.80 | 7.6617 | 3,367,606.76 |
| EGP | 2,131.64 | 0.1484 | 316.30 |
| HKD | 57,955,633.95 | 0.9127 | 52,894,947.99 |
| AUD | 49,764.00 | 4.7992 | 238,827.39 |
| Accountspayable | |||
| Including:USD | 5,750,797.03 | 7.1268 | 40,984,780.27 |
| HKD | 923,023.67 | 0.9127 | 842,425.24 |
| Otheraccountsreceivable | |||
| Including:USD | 108,427,213.73 | 7.1268 | 772,739,066.81 |
| EGP | 108,000.00 | 0.1484 | 16,025.28 |
| HKD | 1,028,048.88 | 0.9127 | 938,279.65 |
| JPY | 21,400,000.00 | 0.0501 | 1,072,011.60 |
| Accountspayable | |||
| Including:USD | 33,913,641.95 | 7.1268 | 241,695,743.45 |
| EUR | 48,742.86 | 7.8771 | 383,952.38 |
| EGP | 44,720,358.59 | 0.2338 | 10,457,617.06 |
| HKD | 906,393.76 | 0.9127 | 827,247.46 |
| Otherpayables | |||
| Including:USD | 4,401,044.69 | 7.1268 | 31,365,365.30 |
| EUR | 152,526.56 | 7.6617 | 1,168,612.74 |
Item
| Item | Period-endforeigncurrencybalance | Exchangerate | Period-endbalancedenominatedinRMB |
| EGP | 411,311.00 | 0.2338 | 96,182.88 |
| HKD | 2,161,652.99 | 0.9127 | 1,972,897.45 |
（2）OverseasentitiesThesignificantoverseasentitiesincludeHongdinTrading,HongKongKonka,ChainKingdomMemoryTechnologies,Kangjietong,JialiInternational,andKowinMemory(HongKong).ThemainoverseasoperatingplaceisHongKong.TheCompany'srecordingcurrencyisHKDsincethemaincurrencyincirculationinHongKongisHKD.
VII.R&Dexpenditures
| Item | Amountincurredinthecurrentperiod | Amountincurredlastperiod |
| Salary | 112,601,611.50 | 125,331,251.82 |
| Depreciationandamortisationcharge | 55,043,697.25 | 52,673,986.51 |
| Newproducttrialproductionexpense | 13,867,547.29 | 12,377,094.01 |
| Materialexpense | 9,254,000.43 | 17,796,228.66 |
| Commissionservicefee | 222,156.14 | 2,048,184.94 |
| Testingexpense | 2,797,313.59 | 3,249,155.22 |
| Informationusefee | 369,876.67 | 360,938.22 |
| Others | 20,421,823.94 | 23,197,053.73 |
| Total | 214,578,026.81 | 237,033,893.11 |
| Including:ExpensedR&Dexpenditure | 214,578,026.81 | 237,033,893.11 |
| CapitalisedR&Dexpenditure |
VIII.ChangesintheScopeofConsolidation
1.CombinationsofbusinessesnotundercommoncontrolTheCompanyhadnocombinationsofbusinessesnotundercommoncontrolintheReportingPeriod.
2.CombinationsofbusinessesundercommoncontrolTheCompanyhadnocombinationsofbusinessesundercommoncontrolintheReportingPeriod.
3.DisposalofsubsidiariesNosuchcasesintheReportingPeriod.
4.Changesinthescopeofconsolidationduetootherreasons
(1)SubsidiariesestablishedinthecurrentperiodNosubsidiarieswereestablishedinthecurrentperiod.
(2)Subsidiariescancelledinthecurrentperiod
Subsidiary
| Subsidiary | Registeredcapital(RMB'0,000) | Shareholdingpercentage(%) | Liquidationcompletiontime |
| ChengduAnren | 500.00 | 51.00 | 28April2024 |
| Wankaida | 1,000.00 | 100.00 | 22January2024 |
| KonkaIntelligentManufacturing | 2,000.00 | 51.00 | 29February2024 |
(3)OtherOn29February2024,thePeople'sCourtofGanjingziDistrict,Dalian,LiaoningProvinceissuedacivilrulingstipulatingthatthebankruptcyandliquidationapplicationsubmittedbytheCompany'ssubsidiaryKonkaHuanjiashallbeaccepted,andrelevantassetswereofficiallyhandedovertothereceiveron14March2024.Thecontroloverthemhasbeentransferred,andtheassetsarenolongerincludedinthescopeofconsolidation.
IX.Interestsinotherentities
1.Interestsinsubsidiaries
（1）Compositionofthebusinessgroup
No.
| No. | Subsidiary | Mainplaceofbusiness | Placeofregistration | Businessnature | Shareholdingpercentage(%) | Acquisitionmethod | |
| Direct | Indirect | ||||||
| 1 | KonkaVentures | Guangdong,Shenzhen | Guangdong,Shenzhen | Enterprisemanagementconsulting,incubationmanagement,housingleasing,etc. | 51 | Establishmentorinvestment | |
| 2 | YantaiKonka | Shandong,Yantai | Shandong,Yantai | Otherprofessionalconsultationandinvestigation | 51 | Establishmentorinvestment | |
| 3 | KonkaEnterpriseService | Guizhou,Guiyang | Guizhou,Guiyang | Enterprisemanagementconsulting | 51 | Establishmentorinvestment | |
| 4 | YibinKonkaIncubator | Sichuan,Yibin | Sichuan,Yibin | Commercialservices | 51 | Establishmentorinvestment | |
| 5 | AnhuiKonka | Anhui,Chuzhou | Anhui,Chuzhou | Manufacturing | 78 | Establishmentorinvestment | |
| 6 | KangzhiTrade | Anhui,Chuzhou | Anhui,Chuzhou | Wholesale | 78 | Establishmentorinvestment | |
| 7 | KonkaElectronicMaterials | Guangdong,Shenzhen | Guangdong,Shenzhen | Otherscienceandtechnologypromotionservices | 100 | Establishmentorinvestment | |
| 8 | KonkaUnifortune | Guangdong,Shenzhen | Guangdong,Shenzhen | Tradeandservices | 51 | Establishmentorinvestment | |
| 9 | JialiInternational | China,HongKong | China,HongKong | Tradeandservices | 51 | Establishmentorinvestment | |
| 10 | DongguanKonka | Guangdong,Dongguan | Guangdong,Dongguan | Manufacturing | 75 | 25 | Establishmentorinvestment |
| 11 | SuiningKonkaSmart | Sichuan,Suining | Sichuan,Suining | Wholesale | 100 | Establishmentorinvestment | |
| 12 | KonkaEurope | Germany,Frankfurt | Germany,Frankfurt | Internationaltrade | 100 | Establishmentorinvestment | |
No.
| No. | Subsidiary | Mainplaceofbusiness | Placeofregistration | Businessnature | Shareholdingpercentage(%) | Acquisitionmethod | |
| Direct | Indirect | ||||||
| 13 | TelecommunicationTechnology | Guangdong,Shenzhen | Guangdong,Shenzhen | Manufacturing | 75 | 25 | Establishmentorinvestment |
| 14 | KonkaMobility | China,HongKong | China,HongKong | Commerce | 100 | Establishmentorinvestment | |
| 15 | MobileInterconnection | Guangdong,Shenzhen | Guangdong,Shenzhen | Commerce | 100 | Establishmentorinvestment | |
| 16 | SichuanKonka | Sichuan,Yibin | Sichuan,Yibin | Manufacturing | 100 | Establishmentorinvestment | |
| 17 | YibinSmart | Sichuan,Yibin | Sichuan,Yibin | Manufacturing | 100 | Establishmentorinvestment | |
| 18 | AnhuiTongchuang | Anhui,Chuzhou | Anhui,Chuzhou | Manufacturing | 100 | Establishmentorinvestment | |
| 19 | AnhuiElectricalAppliance | Anhui,Chuzhou | Anhui,Chuzhou | Manufacturing | 51 | Establishmentorinvestment | |
| 20 | FrestecRefrigeration | Henan,Xinxiang | Henan,Xinxiang | Manufacturing | 51 | Establishmentorinvestment | |
| 21 | FrestecSmartHome | Henan,Xinxiang | Henan,Xinxiang | Manufacturing | 51 | Establishmentorinvestment | |
| 22 | FrestecElectricalAppliances | Henan,Xinxiang | Henan,Xinxiang | Manufacturing | 51 | Establishmentorinvestment | |
| 23 | FrestecHouseholdAppliances | Henan,Xinxiang | Henan,Xinxiang | Manufacturing | 51 | Establishmentorinvestment | |
| 24 | JiangsuKonkaSmart | Jiangsu,Changzhou | Jiangsu,Changzhou | Manufacturing | 51 | Establishmentorinvestment | |
| 25 | Kangjiatong | Sichuan,Yibin | Sichuan,Yibin | Tradeandservices | 100 | Establishmentorinvestment | |
| 26 | PengrunTechnology | Guangdong,Shenzhen | Guangdong,Shenzhen | Tradeandservices | 51 | Establishmentorinvestment | |
| 27 | JiaxinTechnology | China,HongKong | China,HongKong | Tradeandservices | 51 | Establishmentorinvestment | |
| 28 | BeijingKonkaElectronic | Beijing | Beijing | Saleofhomeappliance | 100 | Establishmentorinvestment | |
No.
| No. | Subsidiary | Mainplaceofbusiness | Placeofregistration | Businessnature | Shareholdingpercentage(%) | Acquisitionmethod | |
| Direct | Indirect | ||||||
| 29 | TianjinKonka | TianjinPilotFreeTradeZone | TianjinPilotFreeTradeZone | ServiceIndustry | 100 | Establishmentorinvestment | |
| 30 | KonkaCircuit | Guangdong,Shenzhen | Guangdong,Shenzhen | Manufacturing | 100 | Establishmentorinvestment | |
| 31 | BoluoPrecision | Guangdong,Boluo | Guangdong,Boluo | Manufacturing | 100 | Establishmentorinvestment | |
| 32 | BoluoKonka | Guangdong,Boluo | Guangdong,Boluo | Manufacturing | 100 | Establishmentorinvestment | |
| 33 | HongKongKonka | China,HongKong | China,HongKong | Internationaltrade | 100 | Establishmentorinvestment | |
| 34 | HongdinInvest | China,HongKong | China,HongKong | Investmentholding | 100 | Establishmentorinvestment | |
| 35 | ChainKingdomMemoryTechnologies | China,HongKong | China,HongKong | Internationaltrade | 51 | Establishmentorinvestment | |
| 36 | ZhongkangSemiconductor(Shaoxing) | Zhejiang,Shaoxing | Zhejiang,Shaoxing | Tradeandservices | 51 | Establishmentorinvestment | |
| 37 | Hongjet | China,HongKong | China,HongKong | Tradeandservices | 51 | Establishmentorinvestment | |
| 38 | HongdinTrading | China,HongKong | China,HongKong | Internationaltrade | 100 | Establishmentorinvestment | |
| 39 | KanghaoTechnology | Egypt,Cairo | Egypt,Cairo | Internationaltrade | 67 | Establishmentorinvestment | |
| 40 | KonkaNorthAmerica | America,California | America,California | Internationaltrade | 100 | Establishmentorinvestment | |
| 41 | KonkaInvestment | Guangdong,Shenzhen | Guangdong,Shenzhen | Capitalmarketservices | 100 | Establishmentorinvestment | |
| 42 | YibinKonkaTechnologyPark | Sichuan,Yibin | Sichuan,Yibin | Industrialparkdevelopmentandoperationmanagement | 100 | Establishmentorinvestment | |
| 43 | KonkaCapital | Guangdong,Shenzhen | Guangdong,Shenzhen | Capitalmarketservices | 100 | Establishmentorinvestment | |
No.
| No. | Subsidiary | Mainplaceofbusiness | Placeofregistration | Businessnature | Shareholdingpercentage(%) | Acquisitionmethod | |
| Direct | Indirect | ||||||
| 44 | KonkaSuiyong | Guangdong,Shenzhen | Guangdong,Shenzhen | Commercialservices | 51 | Establishmentorinvestment | |
| 45 | ShengxingIndustrial | Guangdong,Shenzhen | Guangdong,Shenzhen | Commercialservices | 51 | Establishmentorinvestment | |
| 46 | ZhitongTechnology | Guangdong,Shenzhen | Guangdong,Shenzhen | Softwareandinformationtechnologyservices | 51 | Establishmentorinvestment | |
| 47 | ElectronicsTechnology | Guangdong,Shenzhen | Guangdong,Shenzhen | Manufacturing | 100 | Establishmentorinvestment | |
| 48 | ShenzhenKangcheng | Guangdong,Shenzhen | Guangdong,Shenzhen | Softwareandinformationtechnologyservices | 100 | Establishmentorinvestment | |
| 49 | XiaojiaTechnology | Guangdong,Shenzhen | Guangdong,Shenzhen | Retailtrade | 100 | Establishmentorinvestment | |
| 50 | HaimenKonka | Jiangsu,Nantong | Jiangsu,Nantong | Tradeandservices | 100 | Establishmentorinvestment | |
| 51 | ChengduKonkaSmart | Sichuan,Chengdu | Sichuan,Chengdu | Tradeandservices | 100 | Establishmentorinvestment | |
| 52 | ChengduKonkaElectronic | Sichuan,Chengdu | Sichuan,Chengdu | Manufacturing | 100 | Establishmentorinvestment | |
| 53 | XingDaHongYe | Guangdong,Zhongshan | Guangdong,Zhongshan | Manufacturing | 51 | Establishmentorinvestment | |
| 54 | LiaoyangKangshunSmart | Liaoning,Liaoyang | Liaoning,Liaoyang | Wholesale | 100 | Establishmentorinvestment | |
| 55 | LiaoyangKangshunRenewable | Liaoning,Liaoyang | Liaoning,Liaoyang | Comprehensiveutilizationofrenewableresources | 100 | Establishmentorinvestment | |
| 56 | NanjingKonka | Jiangsu,Nanjing | Jiangsu,Nanjing | Wholesale | 100 | Establishmentorinvestment | |
| 57 | ShanghaiKonka | Shanghai | Shanghai | Realestate | 100 | Establishmentorinvestment | |
| 58 | YantaiKangjin | Shandong,Yantai | Shandong,Yantai | Realestate | 62.8 | Establishmentorinvestment | |
No.
| No. | Subsidiary | Mainplaceofbusiness | Placeofregistration | Businessnature | Shareholdingpercentage(%) | Acquisitionmethod | |
| Direct | Indirect | ||||||
| 59 | JiangxiKonka | Jiangxi,Jiujiang | Jiangxi,Jiujiang | Manufacturingandprocessing | 51 | Establishmentorinvestment | |
| 60 | XinfengMicrocrystalline | Jiangxi,Nanchang | Jiangxi,Nanchang | Manufacturingandprocessing | 51 | Establishmentorinvestment | |
| 61 | ShenzhenNianhua | Guangdong,Shenzhen | Guangdong,Shenzhen | Commercialservices | 100 | Establishmentorinvestment | |
| 62 | ShenzhenKONSEMI | Guangdong,Shenzhen | Guangdong,Shenzhen | Semiconductors | 100 | Establishmentorinvestment | |
| 63 | ChongqingKonka | Chongqing | Chongqing | Softwareandinformationtechnologyservices | 100 | Establishmentorinvestment | |
| 64 | KonkaEco-Development | Guangdong,Shenzhen | Guangdong,Shenzhen | Commercialservices | 51 | Establishmentorinvestment | |
| 65 | SuiningKonkaIndustrialPark | Sichuan,Suining | Sichuan,Suining | Industrialparkdevelopmentandoperationmanagement | 100 | Establishmentorinvestment | |
| 66 | KonkaRonghe | Zhejiang,Jiaxing | Zhejiang,Jiaxing | Wholesaleandretailtrade | 51 | Establishmentorinvestment | |
| 67 | SuiningElectronicTechnologicalInnovation | Sichuan,Suining | Sichuan,Suining | Commercialservices | 100 | Establishmentorinvestment | |
| 68 | ShenzhenChuangzhiElectricalAppliances | Guangdong,Shenzhen | Guangdong,Shenzhen | Wholesale | 100 | Establishmentorinvestment | |
| 69 | ChongqingKonkaOptoelectronicTechnology | Chongqing | Chongqing | Research&experimentdevelopment | 70 | 5 | Establishmentorinvestment |
| 70 | KowinMemory(Shenzhen) | Guangdong,Shenzhen | Guangdong,Shenzhen | Computer,telecommunicationsandotherelectronicequipmentmanufacturing | 100 | Establishmentorinvestment | |
| 71 | KonkaXinyunSemiconductor | Jiangsu,Yancheng | Jiangsu,Yancheng | Computer,telecommunicationsandotherelectronicequipmentmanufacturing | 100 | Establishmentorinvestment | |
| 72 | Jiangkang(Shanghai)Technology | Shanghai | Shanghai | Research&experimentdevelopment | 51 | Establishmentorinvestment | |
| 73 | NingboKanghrElectrical | Zhejiang,Ningbo | Zhejiang,Ningbo | Electricalmachineryandequipment | 60 | Establishmentorinvestment | |
No.
| No. | Subsidiary | Mainplaceofbusiness | Placeofregistration | Businessnature | Shareholdingpercentage(%) | Acquisitionmethod | |
| Direct | Indirect | ||||||
| Appliance | manufacturing | ||||||
| 74 | SuiningJiarunProperty | Sichuan,Suining | Sichuan,Suining | Realestate | 100 | Establishmentorinvestment | |
| 75 | YibinKangrun | Sichuan,Yibin | Sichuan,Yibin | Ecologicalprotectionandenvironmentalgovernanceservices | 67 | Establishmentorinvestment | |
| 76 | HainanKonkaMaterialTechnology | Hainan,Haikou | Hainan,Haikou | Commercialservices | 100 | Establishmentorinvestment | |
| 77 | JiangxiHighTransparentSubstrate | Jiangxi,Jiujiang | Jiangxi,Jiujiang | Manufacturingandprocessing | 51 | Establishmentorinvestment | |
| 78 | NantongHongdin | Jiangsu,Nantong | Jiangsu,Nantong | Computer,telecommunicationsandotherelectronicequipmentmanufacturing | 100 | Establishmentorinvestment | |
| 79 | ChuzhouKonka | Anhui,Chuzhou | Anhui,Chuzhou | Manufacturing | 94.9 | Establishmentorinvestment | |
| 80 | KonkaSoftElectronic | Sichuan,Suining | Sichuan,Suining | Manufacturing | 97.5 | Establishmentorinvestment | |
| 81 | KonkaHongyeElectronics | Sichuan,Suining | Sichuan,Suining | Manufacturing | 95.05 | Establishmentorinvestment | |
| 82 | KowinMemory(HongKong) | China,HongKong | China,HongKong | Wholesaleofcomputers,softwareandauxiliaryequipment | 100 | Establishmentorinvestment | |
| 83 | KonkaCross-border(Hebei) | Hebei,Handan | Hebei,Handan | Wholesale | 100 | Establishmentorinvestment | |
| 84 | KonkaHuazhong | Hunan,Changsha | Hunan,Changsha | Commercialservices | 100 | Establishmentorinvestment | |
| 85 | YibinKangrunMedical | Sichuan,Yibin | Sichuan,Yibin | Ecologicalprotectionandenvironmentalgovernanceservices | 63.65 | Establishmentorinvestment | |
| 86 | ShanxiKonkaIntelligent | Shanxi,Xi'an | Shanxi,Xi'an | Manufactureofhouseholdcleaningandsanitaryelectricalappliances | 51 | Establishmentorinvestment | |
| 87 | ChongqingXinyuanSemiconductor | Chongqing | Chongqing | Scienceandtechnologypromotionandapplicationservices | 75 | Establishmentorinvestment | |
No.
| No. | Subsidiary | Mainplaceofbusiness | Placeofregistration | Businessnature | Shareholdingpercentage(%) | Acquisitionmethod | |
| Direct | Indirect | ||||||
| 88 | AnluKonka | Hubei,Anlu | Hubei,Anlu | Softwareandinformationtechnologyservices | 100 | Establishmentorinvestment | |
| 89 | KanghongDongsheng | Guangdong,Shenzhen | Guangdong,Shenzhen | Commercialservices | 95.09 | Establishmentorinvestment | |
| 90 | GuizhouKonkaNewMaterialTechnology | Guizhou,QiannanBuyiandMiaoAutonomousPrefecture | Guizhou,QiannanBuyiandMiaoAutonomousPrefecture | Manufacturingandprocessing | 51 | Establishmentorinvestment | |
| 91 | GuangdongXinwei | Guangdong,Lvfeng | Guangdong,Lvfeng | Semiconductors | 100 | Establishmentorinvestment | |
| 92 | GuizhouKangguiMaterialTechnology | Guizhou,QiannanBuyiandMiaoAutonomousPrefecture | Guizhou,QiannanBuyiandMiaoAutonomousPrefecture | Manufacturingandprocessing | 70 | Establishmentorinvestment | |
| 93 | NantongKanghai | Jiangsu,Nantong | Jiangsu,Nantong | Realestate | 51 | Establishmentorinvestment | |
| 94 | ChongqingKangyiyun | Chongqing | Chongqing | Realestate | 80 | Establishmentorinvestment | |
| 95 | JiangxiKonkaHigh-techPark | Jiangxi,Shangrao | Jiangxi,Shangrao | Commercialservices | 100 | Establishmentorinvestment | |
| 96 | ShangraoKonkaElectronicTechnologyInnovation | Jiangxi,Shangrao | Jiangxi,Shangrao | Research&experimentdevelopment | 100 | Establishmentorinvestment | |
| 97 | GuizhouKonkaNewEnergy | Guizhou,Kaili | Guizhou,Kaili | Manufactureofnon-metallicmineralproducts | 98 | Establishmentorinvestment | |
| 98 | ZhejiangKonkaElectronic | Zhejiang,Shaoxing | Zhejiang,Shaoxing | Research&experimentdevelopment | 100 | Establishmentorinvestment | |
| 99 | ZhejiangKonkaTechnologyIndustry | Zhejiang,Shaoxing | Zhejiang,Shaoxing | Commercialservices | 51 | 49 | Establishmentorinvestment |
| 100 | Xi'anKonkaIntelligent | Shanxi,Xi'an | Shanxi,Xi'an | Wholesale | 51 | Establishmentorinvestment | |
| 101 | Xi'anKonkaNetwork | Shanxi,Xi'an | Shanxi,Xi'an | Computer,telecommunicationsandother | 100 | Establishmentorinvestment | |
No.
| No. | Subsidiary | Mainplaceofbusiness | Placeofregistration | Businessnature | Shareholdingpercentage(%) | Acquisitionmethod | |
| Direct | Indirect | ||||||
| electronicequipmentmanufacturing | |||||||
| 102 | Xi'anKanghongTechnologyIndustry | Shanxi,Xi'an | Shanxi,Xi'an | Commercialservices | 40 | 60 | Establishmentorinvestment |
| 103 | Xi'anKonkaIntelligentTechnology | Shanxi,Xi'an | Shanxi,Xi'an | Retailtrade | 100 | Establishmentorinvestment | |
| 104 | AnhuiKonkaLowCarbon | Anhui,Ma'anshan | Anhui,Ma'anshan | Wholesale | 55 | Establishmentorinvestment | |
| 105 | KanghongXintong | Guangdong,Shenzhen | Guangdong,Shenzhen | Commercialservices | 95.09049 | Establishmentorinvestment | |
| 106 | SongyangIndustryOperation | Zhejiang,Lishui | Zhejiang,Lishui | Softwareandinformationtechnologyservices | 51 | Establishmentorinvestment | |
| 107 | KangyanTechnology | Guangdong,Shenzhen | Guangdong,Shenzhen | Computer,telecommunicationsandotherelectronicequipmentmanufacturing | 100 | Establishmentorinvestment | |
| 108 | KonkaPhotovoltaicTechnology | Zhejiang,Hangzhou | Zhejiang,Hangzhou | Scienceandtechnologypromotionandapplicationservices | 60 | Establishmentorinvestment | |
| 109 | SongyangKonkaIntelligent | Zhejiang,Lishui | Zhejiang,Lishui | Wholesale | 100 | Establishmentorinvestment | |
| 110 | KonkaNorthChina | Tianjin | Tianjin | Electricalmachineryandequipmentmanufacturing | 100 | Establishmentorinvestment | |
| 111 | DigitalTechnology | Guangdong,Shenzhen | Guangdong,Shenzhen | Softwareandinformationtechnologyservices | 100 | Establishmentorinvestment | |
（2）Majornon-wholly-ownedsubsidiaries
| Subsidiary | Shareholdingofminorityshareholders | Profitorlossattributabletominorityshareholdersinthecurrentperiod | Dividendsdeclaredtobedistributedtominorityshareholdersinthecurrentperiod | Closingbalanceofminorityshareholders'equities |
AnhuiKonkaElectronicCo.,Ltd.
| AnhuiKonkaElectronicCo.,Ltd. | 22.00% | 1,640,884.45 | 109,418,450.03 |
（3）Keyfinancialdataonmajornon-wholly-ownedsubsidiaries
| Subsidiary | Closingbalance | |||||
| Currentassets | Non-currentassets | Totalassets | Currentliabilities | Non-currentliabilities | Totalliabilities | |
| AnhuiKonkaElectronicCo.,Ltd. | 2,971,965,145.27 | 848,965,358.81 | 3,820,930,504.08 | 3,103,220,127.80 | 166,769,283.06 | 3,269,989,410.86 |
(Continued)
| Subsidiary | Openingbalance | |||||
| Currentassets | Non-currentassets | Totalassets | Currentliabilities | Non-currentliabilities | Totalliabilities | |
| AnhuiKonkaElectronicCo.,Ltd. | 1,603,653,502.77 | 871,575,618.36 | 2,475,229,121.13 | 1,774,223,005.73 | 159,000,548.27 | 1,933,223,554.00 |
(Continued)
| Subsidiary | Amountincurredinthecurrentperiod | |||
| Operatingincome | Netprofit | Totalcomprehensiveincome | Cashflowsfromoperatingactivities | |
| AnhuiKonkaElectronicCo.,Ltd. | 510,624,823.36 | 7,458,565.66 | 7,458,565.66 | 9,930,838.81 |
(Continued)
| Subsidiary | Amountincurredlastperiod | |||
| Operatingincome | Netprofit | Totalcomprehensiveincome | Cashflowsfromoperatingactivities | |
Subsidiary
| Subsidiary | Amountincurredlastperiod | |||
| Operatingincome | Netprofit | Totalcomprehensiveincome | Cashflowsfromoperatingactivities | |
| AnhuiKonkaElectronicCo.,Ltd. | 972,416,661.43 | -12,062,430.83 | -12,062,430.83 | 6,806,364.98 |
2.Interestsinjointventuresorassociatedenterprises
（1）Majorjointventuresorassociatedenterprises
Nameofthejointventureorassociatedenterprise
| Nameofthejointventureorassociatedenterprise | Mainplaceofbusiness | Placeofregistration | Businessnature | Shareholdingpercentage(%) | Accountingprocessingmethodforinvestmentinjointventuresorassociatedenterprises | |
| Direct | Indirect | |||||
| DongfangJiakangNo.1(Zhuhai)PrivateEquityInvestmentFund(LP) | Zhuhai | Zhuhai | Investmentmanagement | 49.95 | Equitymethod | |
| ShenzhenJielunteTechnologyCo.,Ltd. | Shenzhen | Shenzhen | Professionalmachinerymanufacturing | 42.79 | Equitymethod | |
（2）Keyfinancialdataonsignificantassociatedenterprises
| Item | Amountincurredattheendoftheperiod/inthecurrentperiod | |
| DongfangJiakangNo.1(Zhuhai)PrivateEquityInvestmentFund(LP) | ShenzhenJielunteTechnologyCo.,Ltd. | |
| Currentassets | 682,532,551.61 | 276,265,292.05 |
| Non-currentassets | 375,613,432.02 | |
| Totalassets | 682,532,551.61 | 651,878,724.07 |
| Currentliabilities | 10,026,785.45 | 283,099,134.56 |
| Non-currentliabilities | 168,822,795.30 | |
| Totalliabilities | 10,026,785.45 | 451,921,929.86 |
| Equitiesofminorityshareholders | 7,252,798.82 | |
| Equitiesattributabletoshareholdersoftheparentcompany | 672,505,766.16 | 192,703,995.39 |
| Shareofnetassetscalculatedbasedontheshareholding | 335,916,630.20 | 82,458,039.63 |
| Adjustments | ||
| -Goodwill | ||
| -Internalunrealisedprofit | ||
Item
| Item | Amountincurredattheendoftheperiod/inthecurrentperiod | |
| DongfangJiakangNo.1(Zhuhai)PrivateEquityInvestmentFund(LP) | ShenzhenJielunteTechnologyCo.,Ltd. | |
| -Others | ||
| Carryingvalueofequityinvestmentsinassociatedenterprises | 335,916,630.20 | 82,458,039.63 |
| Fairvaluesofequityinvestmentsofjointventureswithquotedprices | ||
| Operatingincome | 165,625,501.64 | |
| Financecosts | -34,467.40 | 1,873,337.25 |
| Incometaxexpense | 4,233,127.86 | |
| Netprofit | 34,467.40 | -18,219,902.67 |
| Netprofitfromdiscontinuedoperations | ||
| Othercomprehensiveincome | ||
| Totalcomprehensiveincome | 34,467.40 | -18,219,902.67 |
| Dividendsreceivedfromassociatedenterprisesinthecurrentyear | ||
(Continued)
| Item | Amountincurredatthebeginningoftheperiod/inlastperiod | |
| DongfangJiakangNo.1(Zhuhai)PrivateEquityInvestmentFund(LP) | ShenzhenJielunteTechnologyCo.,Ltd. | |
| Currentassets | 686,882,241.74 | 274,817,240.18 |
| Non-currentassets | 338,361,205.79 | |
| Totalassets | 686,882,241.74 | 613,178,445.97 |
| Currentliabilities | 10,026,785.45 | 261,433,145.90 |
| Non-currentliabilities | 133,388,974.62 | |
| Totalliabilities | 10,026,785.45 | 394,822,120.52 |
| Equitiesofminorityshareholders | 9,322,847.51 | |
| Equitiesattributabletoshareholdersoftheparentcompany | 676,855,456.29 | 209,033,477.94 |
| Shareofnetassetscalculatedbasedontheshareholding | 338,089,300.42 | 94,917,575.00 |
Item
| Item | Amountincurredatthebeginningoftheperiod/inlastperiod | |
| DongfangJiakangNo.1(Zhuhai)PrivateEquityInvestmentFund(LP) | ShenzhenJielunteTechnologyCo.,Ltd. | |
| Adjustments | ||
| -Goodwill | ||
| -Internalunrealisedprofit | ||
| -Others | ||
| Carryingvalueofequityinvestmentsinassociatedenterprises | 338,089,300.42 | 94,917,575.00 |
| Fairvaluesofequityinvestmentsofjointventureswithquotedprices | ||
| Operatingincome | 168,815,683.51 | |
| Financecosts | -284,133.17 | 1,539,262.28 |
| Incometaxexpense | 2,245,248.55 | |
| Netprofit | 25,641,054.77 | -13,237,135.87 |
| Netprofitfromdiscontinuedoperations | ||
| Othercomprehensiveincome | ||
| Totalcomprehensiveincome | 25,641,054.77 | -13,237,135.87 |
| Dividendsreceivedfromassociatedenterprisesinthecurrentyear | ||
（3）Combinedfinancialdataoninsignificantjointventuresandassociatedenterprises
| Item | Amountincurredattheendoftheperiod/inthecurrentperiod | Amountincurredatthebeginningoftheperiod/inlastperiod |
| Associatedenterprise | ||
| Totalcarryingvalueofinvestment | 5,075,226,991.71 | 5,133,476,987.87 |
| Thetotaloffollowingitemsaccordingtotheshareholdingproportions | ||
| Netprofit | -31,243,007.66 | -37,153,622.36 |
| Othercomprehensiveincome | -83,919.23 | |
| Totalcomprehensiveincome | -31,326,926.89 | -37,153,622.36 |
X.Governmentgrants
1.Liabilityitemsinvolvinggovernmentsubsidies
Account
title
| Accounttitle | Openingbalance | Subsidiesincreasedinthecurrentperiod | Amountrecognisedasnon-operatingincomeinthecurrentperiod | Amounttransferredtootherincomesinthecurrentperiod | Otherchangesinthecurrentperiod | Closingbalance | Relatedtoassets/income |
| Deferredrevenue | 425,135,237.90 | 15,638,700.00 | 18,082,830.68 | 14,000,000.00 | 408,691,107.22 | Relatedtoassets/income |
2.GovernmentsubsidiesrecognisedasprofitandlossoftheReportingPeriod
| Accounttitle | Amountincurredinthecurrentperiod | Amountincurredlastperiod |
| Otherincome | 56,768,387.57 | 137,917,215.41 |
XI.RisksRelatedtoFinancialInstruments
TheGroup'smainfinancialinstrumentsincludeborrowings,accountsreceivable,accountspayable,tradingfinancialassetsandliabilities,etc.PleaserefertoNoteVIfordetaileddescriptionsofvariousfinancialinstruments.TherisksrelatedtothesefinancialinstrumentsandtheriskmanagementpoliciesadoptedbytheGrouptomitigatetheserisksaredescribedbelow.ThemanagementoftheGroupmanagesandmonitorstheseriskexposurestoensurethattheserisksarecontrolledwithinalimitedscope.
1.ManagementobjectivesandpoliciesforvariousrisksTheGroup'sobjectiveinengagingintheriskmanagementistoachievetheproperbalancebetweentherisksandbenefits,minimizethenegativeimpactoftheserisksontheCompany'soperatingresults,andmaximizetheprofitsofshareholdersandotherequityinvestors.Basedontheriskmanagementgoal,thebasicstrategyoftheCompany'sriskmanagementisdeterminingandanalyzingthevariousrisksfacedbytheCompany,settingupthebottomlineofriskandconductingappropriateriskmanagement,andtimelysupervisingvariousrisksinareliablewayandcontrollingtheriskwithintherangeoflimit.
（1）Marketrisk
1）ExchangerateriskForeignexchangeriskreferstotherisksthatmayleadtolossesduetofluctuationinexchangerate.TheforeignexchangeriskbornebytheGroupisrelatedtoUSD.ExcepttheprocurementandsalesinUSDoftheCompany'ssubsidiariesHongKongKonka,HongdinTrading,ChainKingdomMemoryTechnologies,HongjetandJiali,theGroup'sotherprimarybusinessactivitiesaresettledinRMB.ThecurrencyriskarisingfromtheassetsandliabilitiesofsuchbalanceinUSDmayaffecttheGroup'soperatingresults.Asof30June2024,theGroup'sassetsandliabilitiesweremainlythebalanceinRMBexceptfortheassetsorliabilitiesofabalanceinUSDaslistedbelow.
| Item | Closingbalance | Openingbalance |
| Monetaryassets | 66,195,513.58 | 91,184,116.43 |
Item
| Item | Closingbalance | Openingbalance |
| Accountsreceivable | 83,486,351.12 | 85,032,871.75 |
| Otheraccountsreceivable | 108,427,213.73 | 110,836,591.33 |
| Otherpayables | 4,820,283.44 | 3,453,133.32 |
| Accountspayable | 33,913,641.95 | 4,828,295.25 |
TheGrouppayscloseattentiontotheimpactofexchangeratechangesontheGroup'sforeignexchangerisk,andrequiresmajorcompaniesintheGroupthatpurchaseandsellinforeigncurrencytopayattentiontothechangesinforeigncurrencyassetsandliabilities,managetheGroup'sforeigncurrencynetassetexposureinaunifiedway,implementsinglecurrencysettlement,andreducethescaleofforeigncurrencyassetsandliabilities,soastoreduceforeignexchangeriskexposure.2）InterestrateriskTheGroupbearsinterestrateriskduetointerestratechangesofinterest-bearingfinancialassetsandliabilities.TheGroup'sinterestbearingfinancialassetsaremainlybankdeposits,ofwhichthemajorityofthevariableinterestratesareshort-terminnature,whiletheinterestbearingfinancialliabilitiesaremainlybankborrowingsandcorporatebonds.TheGroup'slong-termbankborrowingsandcorporatebondsareatfixedinterestrates.Theriskofcashflowchangesoffinancialinstrumentscausedbyinterestratechangesismainlyrelatedtoshort-termbankborrowingswithfloatinginterestrates.TheGroup'spolicyistomaintainthefloatinginterestratesofsuchborrowingstoeliminatethefairvalueriskofinterestratechanges.Asof30June2024,thebalanceofsuchshort-termborrowingswasRMB6,510,087,630.95.
（2）CreditriskAsof30June2024,themaximumcreditriskexposurethatmaycausefinanciallossestotheGroupmainlycamefromlossesgeneratedfromtheGroup'sfinancialassetsduetofailureoftheotherpartytoacontracttoperformitsobligationsandthefinancialguaranteeundertakenbytheGroup,including:
Thecarryingamountoffinancialassetsrecognisedintheconsolidatedbalancesheet;forfinancialinstrumentsmeasuredatfairvalue,thebookvaluereflectstheirriskexposure,butnotthemaximumriskexposure,andthemaximumriskexposurewillchangewiththechangeoffuturefairvalue.Inordertoreducecreditrisk,theGrouphassetupagrouptodeterminethecreditlimit,conductcreditapproval,andimplementothermonitoringprocedurestoensurethatnecessarymeasuresaretakentorecoveroverdueclaims.Inaddition,theGroupreviewstherecoveryofeachsinglereceivableoneachbalancesheetdatetoensurethatsufficientprovisionforbaddebtsismadefortheunrecoverableamount.Therefore,theGroup'smanagementbelievesthattheGroup'screditriskhasbeengreatlyreduced.TheGroup'sworkingcapitalisdepositedinbankswithahighcreditrating,sothecreditriskofworkingcapitalislow.TheGrouphasadoptednecessarypoliciestoensurethatallcustomershavegoodcreditrecords.Exceptforthetopfivecustomersintermsoftheamountofaccountsreceivable,theGrouphasnoothermajorcreditconcentrationrisks.ForthefinancialassetsoftheGroupthathavebeenindividuallyimpaired,pleasereferto4.Accountsreceivableand7.OtherreceivablesinNoteVI.
（3）LiquidityriskLiquidityriskreferstotheriskthattheGroupisunabletofulfillitsfinancialobligationsontheduedate.TheGroupmanagesliquidityriskinthemethodofensuringthatthereissufficientliquiditytofulfilldebtobligationswithoutcausingunacceptablelossordamagetotheGroup'sreputation.Inordertomitigatetheliquidityrisk,theGroup'smanagementhascarriedouta
detailedinspectionontheliquidityoftheGroup,includingthematurityofaccountspayableandotherpayables,bankcreditlineandbondfinancing.TheconclusionisthattheGrouphassufficientfundstomeettheneedsoftheGroup'sshort-termdebtsandcapitalexpenditure.TheanalysisofthefinancialassetsandfinancialliabilitiesheldbytheGroupbasedonthematurityperiodoftheundiscountedremainingcontractualobligationsisasfollows:
Amountasof30June2024:
Item
| Item | Withinoneyear | Onetotwoyears | Twotofiveyears | Overfiveyears | Total |
| Financialassets | |||||
| Monetaryassets | 5,514,370,579.43 | 5,514,370,579.43 | |||
| Held-for-tradingfinancialassets | 294,937,209.31 | 294,937,209.31 | |||
| Notesreceivable | 301,987,637.11 | 301,987,637.11 | |||
| Accountsreceivable | 1,361,996,890.11 | 294,570,006.54 | 156,534,862.43 | 43,859,681.15 | 1,856,961,440.23 |
| Otheraccountsreceivable | 80,785,644.43 | 64,298,860.97 | 684,427,848.89 | 16,280.00 | 829,528,634.29 |
| Othercurrentassets | 2,361,815,002.60 | 2,361,815,002.60 | |||
| Financialliabilities | |||||
| Short-termloans | 6,510,087,630.95 | 6,510,087,630.95 | |||
| Notespayable | 981,928,381.95 | 981,928,381.95 | |||
| Accountspayable | 2,320,012,296.29 | 390,501,476.73 | 217,357,907.56 | 12,680,080.14 | 2,940,551,760.72 |
| Otherpayables | 1,034,749,812.17 | 489,694,436.35 | 168,672,631.73 | 69,249,298.97 | 1,762,366,179.22 |
| Payrollpayable | 198,487,964.48 | 198,487,964.48 | |||
| Non-currentliabilitiesduewithinoneyear | 3,600,939,407.57 | 3,600,939,407.57 | |||
| Long-termloans | 4,232,479,248.20 | 1,961,154,263.34 | 1,012,154,826.09 | 7,205,788,337.63 | |
| Bondspayable | 2,468,093,333.41 | 2,328,815,379.42 | 4,796,908,712.83 | ||
| Long-termpayables | 3,734,931.39 | 1,222,415.19 | 4,957,346.58 |
2.SensitivityanalysisTheGroupadoptssensitivityanalysistechnologytoanalyzethepossibleimpactofreasonableandpossiblechangesofriskvariablesoncurrentprofits/lossesorshareholders'equity.Asanyriskvariablerarelychangesinisolation,andthecorrelationbetweenvariableswillhaveasignificanteffectonthefinalimpactamountofthechangeofariskvariable,thefollowingcontentisbasedontheassumptionthatthechangeofeachvariableisindependent.
（1）SensitivityanalysisofforeignexchangeriskAssumptionforthesensitivityofforeignexchangerisk:Allnetinvestmenthedgingandcashflowhedgingofoverseasoperationsarehighlyeffective.Onthebasisoftheaboveassumption,undertheconditionthatothervariablesremainunchanged,theimpactofreasonablechangesintheexchangerateoncurrentprofits/lossesandequityaftertaxisasfollows:
Item
| Item | Exchangeratefluctuations | H12024 | H12023 | ||
| Impactonnetprofit | Impactonshareholders'equity | Impactonnetprofit | Impactonshareholders'equity | ||
| USD | Appreciationof1%againstRMB | 13,258,840.79 | 8,898,925.74 | 22,249,707.57 | 17,750,467.03 |
| USD | Depreciationof1%againstRMB | -13,258,840.79 | -8,898,925.74 | -22,249,707.57 | -17,750,467.03 |
（2）SensitivityanalysisofinterestrateriskSensitivityanalysisofinterestrateriskisbasedonthefollowingassumptions:
Changesinmarketinterestratesaffecttheinterestincomeorexpenseoffinancialinstrumentswithvariableinterestrates;Forfinancialinstrumentswithfixedinterestratesmeasuredatfairvalue,marketinterestratechangesaffectonlytheirinterestincomeorexpense;Changesinthefairvaluesofderivativefinancialinstrumentsandotherfinancialassetsandliabilitiesarecalculatedatthemarketinterestrateonthebalancesheetdatebydiscountedcashflow.Onthebasisoftheaboveassumptionsandundertheconditionthatothervariablesremainunchanged,theimpactofreasonablechangesintheinterestrateoncurrentprofits/lossesandequityaftertaxisasfollows:
| Item | Interestratefluctuations | H12024 | H12023 | ||
| Impactonnetprofit | Impactonshareholders'equity | Impactonnetprofit | Impactonshareholders'equity | ||
| Borrowingsatfloatinginterestrates | Up0.5% | -24,626,858.36 | -23,932,778.41 | -25,773,357.94 | -24,732,737.56 |
| Borrowingsatfloatinginterestrates | Down0.5% | 24,626,858.36 | 23,932,778.41 | 25,773,357.94 | 24,732,737.56 |
XII.DisclosureofFairValue
1.Closingfairvalueofassetsandliabilitiesmeasuredatfairvalue
Item
| Item | Closingfairvalue | |||
| Level-1fairvaluemeasurement | Level-2fairvaluemeasurement | Level-3fairvaluemeasurement | Total | |
| I.Continuousfairvaluemeasurement | ||||
| (I)Held-for-tradingfinancialassets | 294,937,209.31 | 294,937,209.31 | ||
| 1.FinancialassetsmeasuredatfairvaluethroughprofitandlossfortheReportingPeriod | 294,937,209.31 | 294,937,209.31 | ||
| (II)Accountsreceivablefinancing | 203,279,738.30 | 203,279,738.30 | ||
| (III)Otherdebtinvestments | ||||
| (IV)Otherequityinstrumentsinvestments | 23,841,337.16 | 23,841,337.16 | ||
| (V)Investmentproperties | ||||
| (VI)Othernon-currentfinancialassets | 1,985,908,473.73 | 1,985,908,473.73 | ||
| Totalassetscontinuouslymeasuredatfairvalue | 203,279,738.30 | 2,304,687,020.20 | 2,507,966,758.50 | |
| Totalliabilitiescontinuouslymeasuredatfairvalue | ||||
| II.Non-continuousfairvaluemeasurement | ||||
| Totalassetsnotcontinuouslymeasuredatfairvalue | ||||
| Totalliabilitiesnotcontinuouslymeasuredatfairvalue | ||||
2.Basisfordeterminingthemarketpriceofcontinuousandnon-continuouslevel-1fairvaluemeasurementprojects
Thefirstleveloftheinputisanunadjustedquotedpriceinanactivemarketforthesameassetsandliabilitiesavailableonthemeasurementdate.
3.Qualitativeandquantitativedataonvaluationtechniquesandimportantparametersadoptedforcontinuousandnon-continuouslevel-2fairvaluemeasurementprojects
TheLevel2fairvaluemeasurementofinputvalueatLevel2istheinputvalueobservabledirectlyorindirectlyofrelevantassetsorliabilitiesexclusiveofinputvalueatLevel1.
4.Qualitativeandquantitativedataonvaluationtechniquesandimportantparametersadoptedforcontinuousandnon-continuouslevel-3fairvaluemeasurementprojects
Thethirdleveloftheinputistheunobservableinputofrelatedassetsandliabilities.
XIII.RelatedPartyandRelatedPartyTransactions
1.Relatedpartyrelationship
（1）ParentcompanyoftheCompany
| Nameoftheparentcompany | Placeofregistration | Businessnature | Registeredcapital | ShareholdingpercentageoftheparentcompanyintheCompany(%) | VotingrightpercentageoftheparentcompanyintheCompany(%) |
| OCTGroup | Shenzhen | Tourism,realestate,electronicsindustry | RMB12billion | 29.999997 | 29.999997 |
TheultimatecontrolleroftheCompanyisState-ownedAssetsSupervisorCommissionoftheStateCouncil.
（2）SubsidiariesoftheCompany
PleaserefertonoteIX-1.(1)Subsidiariesfortheinformationofsubsidiaries.
（3）JointventuresandassociatedenterprisesoftheCompanyPleaserefertoNoteIX-2.(1)SignificantjointventuresandassociatedenterprisesfordetailsofsignificantjointventuresorassociatedenterprisesoftheCompany.InformationonotherjointventuresorassociatedenterpriseshavingconnectedtransactionswiththeCompanyinthecurrentperiod,orformingbalanceduetoconnectedtransactionsmadeinpreviousperiod:
| Name | RelationshipwiththeCompany |
| Name | RelationshipwiththeCompany |
| AnhuiKaikaiShijieE-commerceCo.,Ltd. | Associatedenterprise |
| AnhuiKangfuNewEnergyCo.,Ltd. | Associatedenterprise |
| AnhuiKangtaSupplyChainManagementCo.,Ltd. | Associatedenterprise |
| ChuzhouKangxinHealthIndustryDevelopmentCo.,Ltd. | Associatedenterprise |
| ChutianDragonCo.,Ltd. | Associatedenterprise |
| OrientExcellent(Zhuhai)AssetManagementCo.,Ltd. | Associatedenterprise |
| DongguanKangjiaNewMaterialsTechnologyCo.,Ltd. | Associatedenterprise |
| DongguanKonkaSmartElectronicTechnologyCo.,Ltd. | Associatedenterprise |
| DongguanGuankangYuhongInvestmentCo.,Ltd. | Associatedenterprise |
| FeidiTechnology(Shenzhen)Co.,Ltd. | Associatedenterprise |
| GuangdongKangyuanSemiconductorCo.,Ltd. | Associatedenterprise |
| HefeiKONSEMIStorageTechnologyCo.,Ltd. | Associatedenterprise |
| HenanKangfeiIntelligentElectricApplianceCo.,Ltd. | Associatedenterprise |
| KangkongVentureCapital(Shenzhen)Co.,Ltd. | Associatedenterprise |
| NantongKangjianTechnologyIndustrialParkOperationsandManagementCo.,Ltd. | Associatedenterprise |
| PuchuangJiakangTechnologyCo,Ltd. | Associatedenterprise |
| ShandongKangfeiIntelligentElectricalAppliancesCo.,Ltd. | Associatedenterprise |
| ShenzhenAimijiakangTechnologyCo.,Ltd. | Associatedenterprise |
| ShenzhenKanghongxingIntelligentTechnologyCo.,Ltd. | Associatedenterprise |
| ShenzhenKangpengDigitalTechnologyCo.,Ltd. | Associatedenterprise |
| ShenzhenKONKAE-displayCo.,Ltd. | Associatedenterprise |
| ZhejiangKangyingSemiconductorTechnologyCo.,Ltd.(formerly:ShenzhenKangyingSemiconductorTechnologyCo.,Ltd.) | Associatedenterprise |
| ShenzhenMorsemiSemiconductorTechnologyCo.,Ltd. | Associatedenterprise |
| Name | RelationshipwiththeCompany |
| ShenzhenKangjiaJiapinIntelligentElectricalApparatusTechnologyCo.,Ltd. | Associatedenterprise |
| ShenzhenKangxiTechnologyInnovationDevelopmentCo.,Ltd. | Associatedenterprise |
| ShenzhenRF-LlinkTechnologyCo.,Ltd. | Associatedenterprise |
| ShenzhenYaodeTechnologyCo.,Ltd. | Associatedenterprise |
| ShenzhenZhongkangBeidouTechnologyCo.,Ltd. | Associatedenterprise |
| SichuanChengruiRealEstateCo.,Ltd. | Associatedenterprise |
| KKSmartechLimited | Associatedenterprise |
| YantaiKangyunIndustrialDevelopmentCo.,Ltd. | Associatedenterprise |
| YanchengKangyanInformationIndustryInvestmentPartnership(LimitedPartnership) | Associatedenterprise |
| YibinKanghuiElectronicInformationIndustryEquityInvestmentPartnership(LimitedPartnership) | Associatedenterprise |
| E3info(Hainan)TechnologyCo.,Ltd. | Associatedenterprise |
| ShandongEconTechnologyCo.,Ltd. | Associatedenterprise |
| ChongqingKangjianPhotoelectricTechnologyCo.,Ltd. | Associatedenterprise |
| ChongqingKangxinEquityInvestmentFundLimitedPartnership(LimitedPartnership) | Associatedenterprise |
| ChongqingKangyiqingTechnologyCo.,Ltd. | Associatedenterprise |
| SichuanHongxinchenRealEstateDevelopmentCo.,Ltd. | Associatedenterprise |
| WuhanKangtangInformationTechnologyCo.,Ltd. | Associatedenterprise |
| FoshanZhujiangMediaCreativeParkCulturalDevelopmentCo.,Ltd. | Associatedenterprise |
| PanxuIntelligenceCo.,Ltd. | Associatedenterprise |
（4）Otherrelatedparties
| Namesofotherrelatedparties | RelationshipwiththeCompany |
| HOHOELECTRICAL&FURNITURECO.,LIMITED | Minorityshareholderofsubsidiary |
| Namesofotherrelatedparties | RelationshipwiththeCompany |
| BeijingXuriShengxingTechnologyCo.,Ltd. | Minorityshareholderofsubsidiary |
| ChuzhouHanshangElectricApplianceCo.,Ltd. | Minorityshareholderofsubsidiary |
| KoreaElectricGroupCo.,Ltd. | Minorityshareholderofsubsidiary |
| HuZehong | Minorityshareholderofsubsidiary |
| ShenzhenNewJourneyEnergyConservationandEnvironmentalProtectionServiceCo.,Ltd. | Minorityshareholderofsubsidiary |
| CentralEnterprisesPovertyAlleviation(Jiangxi)IndustrialFundPartnership(L.P.) | Minorityshareholderofsubsidiary |
| ChongqingLiangshanIndustrialInvestmentCo.,Ltd. | Minorityshareholderofsubsidiary |
| ZhuXinming | Minorityshareholderofsubsidiary |
| AUJETINDUSTRYLIMITED | Minorityshareholderofsubsidiary |
| ChuzhouState-ownedAssetsManagementCo.,Ltd. | Minorityshareholderofsubsidiary |
| ShenzhenUnifortuneSupplyChainManagementCo.,Ltd. | Minorityshareholderofsubsidiary |
| GuizhouHuajinrunTechnologyCo.Ltd. | Minorityshareholderofsubsidiary |
| ShenzhenHenglongtongTechnologyCo.,Ltd. | Minorityshareholderofsubsidiary |
| SuiyongRongxinAssetManagementCo.,Ltd. | Minorityshareholderofsubsidiary |
| ShenzhenQianhaiDatangTechnologyCo.,Ltd. | Minorityshareholderofsubsidiary |
| WuGuoren | Minorityshareholderofsubsidiary |
| XiaoYongsong | Minorityshareholderofsubsidiary |
| HuZehong | Minorityshareholderofsubsidiary |
| JiangsuKoreaElectricGroupCo.,Ltd. | Minorityshareholderofsubsidiary |
| JiangxiMeijiEnterpriseCo.,Ltd. | Thecompanycontrolledbytheminorityshareholdersofthesubsidiary |
| JiangxiXinzixinRealEstateCo.,Ltd. | Thecompanycontrolledbytheminorityshareholdersofthesubsidiary |
| DaiRongxing | Closefamilymembersofminorityshareholdersofthesubsidiary |
| Namesofotherrelatedparties | RelationshipwiththeCompany |
| ZhejiangDonghongAssetManagementCo.,Ltd. | Subsidiaryofassociatedenterprise |
| AMobileIntelligentCorp.Ltd. | Subsidiaryofassociatedenterprise |
| YantaiKangyueInvestmentCo.,Ltd. | Subsidiaryofassociatedenterprise |
| ChongqingLanlvMomaRealEstateDevelopmentCo.,Ltd. | Subsidiaryofassociatedenterprise |
| AnhuiJiasenPrecisionTechnologyCo.,Ltd. | Subsidiaryofassociatedenterprise |
| ChuzhouJielunteMouldPlasticCo.,Ltd. | Subsidiaryofassociatedenterprise |
| GuangdongJielunteTechnologyCo.,Ltd. | Subsidiaryofassociatedenterprise |
| KunshanJielunteMouldPlasticCo.,Ltd. | Subsidiaryofassociatedenterprise |
| DongguanKangjiePlasticMouldCo.,Ltd. | Subsidiaryofassociatedenterprise |
| DongguanJieluntePlasticMouldTechnologyCo.,Ltd. | Subsidiaryofassociatedenterprise |
| DongguanXutongdaMouldPlasticCo.,Ltd. | Subsidiaryofassociatedenterprise |
| ShenzhenKangyingStorageTechnologyCo.,Ltd. | Subsidiaryofassociatedenterprise |
| ShenzhenE-DisplayCommercialDisplayServiceCo.,Ltd. | Subsidiaryofassociatedenterprise |
| KonkaE-Display(HongKong)Co.,Ltd. | Subsidiaryofassociatedenterprise |
| GuangdongKONKAE-displayCo.,Ltd. | Subsidiaryofassociatedenterprise |
| ShanghaiJiyiEnvironmentalTechnologyCo.,Ltd. | Subsidiaryofassociatedenterprise |
2.Related-partytransactions
（1）Relatedpartytransactionsinvolvingthepurchaseandsaleofgoodsandthesupplyandacceptanceofservices1）Purchasinggoods/receivingservices
| Relatedparty | Relatedpartytransaction | Amountincurredinthecurrentperiod | Amountincurredlastperiod |
| ChuzhouHanshangElectricApplianceCo.,Ltd. | Purchaseofgoods | 114,880,089.88 | 186,735,395.72 |
| PuchuangJiakangTechnologyCo,Ltd. | Purchaseofgoods | 37,713,014.15 | 82,483,825.77 |
| Relatedparty | Relatedpartytransaction | Amountincurredinthecurrentperiod | Amountincurredlastperiod |
| OCTGroupCo.,Ltd.anditssubsidiariesandassociates | Purchaseofgoodsandservices | 26,734,696.17 | 19,556,218.59 |
| ShenzhenJielunteTechnologyCo.,Ltd.anditssubsidiaries | Purchaseofgoods | 20,726,583.10 | 17,989,178.13 |
| KoreaElectricGroupCo.,Ltd.anditssubsidiaries | Purchaseofgoods | 12,003,676.60 | 13,962,407.67 |
| ShenzhenKONKAE-displayCo.,Ltd.anditssubsidiaries | Purchaseofgoods | 4,407,128.66 | 10,289,325.37 |
| DongguanKangjiaNewMaterialsTechnologyCo.,Ltd.. | Purchaseofgoods | 3,423,338.73 | 7,656,559.11 |
| DongguanKonkaSmartElectronicTechnologyCo.,Ltd. | Purchaseofgoodsandservices | 828,076.33 | 5,303,236.99 |
| HOHOELECTRICAL&FURNITURECO.,LIMITED | Purchaseofgoods | 26,341.27 | 5,279,694.58 |
| AnhuiKaikaiShijieE-commerceCo.,Ltd.anditssubsidiaries | Purchaseofgoods | 14,519,171.29 | |
| KKSmartechLimited | Purchaseofgoods | 7,026,770.10 | |
| ZhejiangKangyingSemiconductorTechnologyCo.,Ltd.anditssubsidiaries(formerly:ShenzhenKangyingSemiconductorTechnologyCo.,Ltd.)anditssubsidiaries | Purchaseofgoods | 4,317,763.40 | |
| Subtotalofotherrelatedparties | Purchaseofgoodsandservices | 23,017,795.17 | 6,384,913.67 |
（2）Informationofsalesofgoodsandprovisionoflabourservice
| Relatedparty | Relatedpartytransaction | Amountincurredinthecurrentperiod | Amountincurredlastperiod |
| ChuzhouHanshangElectricApplianceCo.,Ltd. | Salesofgoodsandprovisionoflabourservice | 182,689,651.25 | 87,808,617.20 |
| OCTGroupCo.,Ltd.anditssubsidiariesandassociates | Salesofgoodsandprovisionoflabourservice | 37,055,797.37 | 31,848,071.22 |
| KoreaElectricGroupCo.,Ltd.anditssubsidiaries | Salesofgoodsandprovisionoflabourservice | 34,500,419.06 | 61,575,942.67 |
| ShenzhenKONKAE-displayCo.,Ltd.anditssubsidiaries | Salesofgoodsandprovisionoflabourservice | 32,568,363.60 | 9,771,563.23 |
| ShenzhenJielunteTechnologyCo.,Ltd.anditssubsidiariesandassociates | Salesofgoodsandprovisionoflabourservice | 10,781,688.86 | 31,298,689.17 |
| DongguanKonkaSmartElectronicTechnologyCo.,Ltd. | Salesofgoodsandprovisionoflabourservice | 3,647,313.53 | 5,049,897.52 |
| ZhejiangKangyingSemiconductorTechnologyCo.,Ltd.anditssubsidiaries(formerly:ShenzhenKangyingSemiconductorTechnologyCo.,Ltd.)anditssubsidiaries | Salesofgoodsandprovisionoflabourservice | 2,427,251.90 | 5,789,685.32 |
| Relatedparty | Relatedpartytransaction | Amountincurredinthecurrentperiod | Amountincurredlastperiod |
| ShenzhenAimijiakangTechnologyCo.,Ltd. | Salesofgoods | 633,048.19 | 1,453,563.03 |
| HefeiKONSEMIStorageTechnologyCo.,Ltd. | Salesofgoodsandprovisionoflabourservice | 19,420.70 | 8,004,252.90 |
| E3info(Hainan)TechnologyCo.,Ltd.anditssubsidiaries | Salesofgoodsandprovisionoflabourservice | 1,714.00 | 9,168,670.42 |
| Subtotalofotherrelatedparties | Salesofgoodsandprovisionoflabourservice | 5,085,298.73 | 51,872,181.94 |
（3）RelatedpartyleasesLeasesituation
| Lessor | Lessee | Typeofleasedassets | Leasefeerecognisedinthecurrentperiod | Leasefeerecognisedlastperiod |
| OCTGroupCo.Ltd.anditssubsidiaries | KonkaVenturesDevelopment(Shenzhen)Co.,Ltd. | Commercialresidencesandofficebuildings | 16,202,959.98 | 14,099,760.00 |
| DongguanGuankangYuhongInvestmentCo.,Ltd. | DongguanKonkaElectronicCo.,Ltd. | Factory | 6,841,431.94 | 22,799,157.95 |
| OCTGroupCo.Ltd.anditssubsidiaries | KonkaGroupCo.,Ltd. | Commercialresidencesandofficebuildings | 351,831.90 |
（4）Relatedpartyguarantees1）TheCompanywasguarantor
| Securedparty | Contractedguaranteeamount(RMB'0,000) | Actualguaranteeamount(RMB'0,000) | Currency | Startdateofguarantee | Expirydateofguarantee | Whethertheguaranteeiscompleted |
| BoluoPrecision | 4,000.00 | 1,800.00 | CNY | 15January2024 | 14January2025 | No |
| BoluoPrecision | 4,500.00 | 2,773.86 | CNY | 25August2023 | 25August2026 | No |
| BoluoPrecision | 2,000.00 | 1,215.07 | CNY | 29January2024 | 29January2025 | No |
| KonkaCircuit | 10,000.00 | 3,735.16 | CNY | 19July2023 | 31January2027 | No |
| KonkaCircuit | 5,000.00 | 889.04 | CNY | 22December2023 | 22December2024 | No |
| AnhuiTongchuang | 10,000.00 | 7,840.00 | CNY | 19October2023 | 31December2024 | No |
| AnhuiTongchuang | 5,000.00 | 4,980.00 | CNY | 20June2024 | 29May2025 | No |
| AnhuiTongchuang | 3,000.00 | 2,900.00 | CNY | 20November2023 | 19May2025 | No |
| AnhuiTongchuang | 5,000.00 | 980.00 | CNY | 20May2024 | 6December2024 | No |
| Securedparty | Contractedguaranteeamount(RMB'0,000) | Actualguaranteeamount(RMB'0,000) | Currency | Startdateofguarantee | Expirydateofguarantee | Whethertheguaranteeiscompleted |
| KonkaXinyunSemiconductor | 6,000.00 | 2,800.00 | CNY | 26May2024 | 21March2026 | No |
| KonkaXinyunSemiconductor | 8,277.66 | 4,281.25 | CNY | 12July2021 | 11July2022 | No |
| ChongqingKonka | 38,000.00 | 13,730.92 | CNY | 13December2022 | 13December2037 | No |
| ElectronicsTechnology | 8,500.00 | 3,222.64 | CNY | 2April2024 | 22March2025 | No |
| ElectronicsTechnology | 50,000.00 | 50,000.00 | CNY | 26September2023 | 11August2024 | No |
| DongguanKonka | 80,000.00 | 33,091.04 | CNY | 23June2021 | 7May2031 | No |
| TelecommunicationTechnology | 7,500.00 | 1,761.23 | CNY | 23July2023 | 23July2024 | No |
| SichuanKonka | 4,000.00 | 2,800.00 | CNY | 23May2023 | 26April2026 | No |
| MobileInterconnection | 7,000.00 | 1,870.12 | CNY | 10November2023 | 10November2024 | No |
| YibinSmart | 980.00 | 980.00 | CNY | 27March2024 | 19March2025 | No |
| Xi'anKanghongTechnologyIndustry | 30,000.00 | 8,145.16 | CNY | 26May2023 | 31December2032 | No |
| KonkaHongyeElectronics | 19,010.00 | 5,079.56 | CNY | 24January2024 | 7November2038 | No |
| KonkaSoftElectronic | 975.00 | 34.55 | CNY | 19December2022 | 19December2023 | No |
| NingboKanghrElectricalAppliance | 6,000.00 | 1,881.83 | CNY | 2March2023 | 27July2024 | No |
| NingboKanghrElectricalAppliance | 6,000.00 | 3,000.00 | CNY | 13July2023 | 12July2024 | No |
| FrestecSmartHome | 10,200.00 | 2,652.00 | CNY | 30January2024 | 30January2027 | No |
| JiangxiKonka | 6,000.00 | 1,400.00 | CNY | 15August2023 | 14August2024 | No |
| YibinKangrun | 10,000.00 | 10,000.00 | CNY | 13November2020 | 31December2024 | No |
| AnhuiKonka | 5,500.00 | 4,820.76 | CNY | 31August2023 | 31August2024 | No |
| AnhuiKonka | 18,000.00 | 5,560.67 | CNY | 22September2023 | 21September2024 | No |
| AnhuiKonka | 10,215.95 | 8,021.11 | CNY | 10August2021 | 15July2031 | No |
| AnhuiKonka | 7,000.00 | 4,000.00 | CNY | 29October2021 | 26October2026 | No |
| Securedparty | Contractedguaranteeamount(RMB'0,000) | Actualguaranteeamount(RMB'0,000) | Currency | Startdateofguarantee | Expirydateofguarantee | Whethertheguaranteeiscompleted |
| AnhuiKonka | 7,000.00 | 4,000.00 | CNY | 24October2022 | 26October2026 | No |
| AnhuiKonka | 7,000.00 | 6,000.00 | CNY | 19September2022 | 18September2023 | No |
| AnhuiKonka | 5,000.00 | 4,843.82 | CNY | 25June2023 | 24June2028 | No |
| ShandongEconTechnologyCo.,Ltd. | 1,623.89 | CNY | 30September2022 | 29September2024 | No | |
| ShandongEconTechnologyCo.,Ltd. | 2,748.12 | 177.92 | CNY | 23November2022 | 23May2024 | No |
| ShandongEconTechnologyCo.,Ltd. | 1,498.97 | 1,498.97 | CNY | 22May2023 | 21May2024 | No |
| ShandongEconTechnologyCo.,Ltd. | 4,996.58 | 4,388.00 | CNY | 5July2023 | 21May2024 | No |
| ShandongEconTechnologyCo.,Ltd. | 2,498.29 | 2,435.11 | CNY | 19July2023 | 18July2024 | No |
| ShandongEconTechnologyCo.,Ltd. | 999.32 | 847.42 | CNY | 28August2023 | 11June2024 | No |
| ShandongEconTechnologyCo.,Ltd. | 1,374.06 | 1,374.06 | CNY | 29December2023 | 28December2024 | No |
| ShandongEconTechnologyCo.,Ltd. | 2,498.29 | 2,192.05 | CNY | 28December2023 | 27December2024 | No |
| ShandongEconTechnologyCo.,Ltd. | 124.91 | 124.91 | CNY | 6February2024 | 5February2025 | No |
| ShandongEconTechnologyCo.,Ltd. | 4,489.43 | 3,641.50 | CNY | 1March2024 | 14December2024 | No |
| ShandongEconTechnologyCo.,Ltd. | 499.66 | 499.66 | CNY | 30April2024 | 23April2025 | No |
| OCTGroup | 60,000.00 | 60,000.00 | CNY | 8September2022 | 8September2025 | No |
| OCTGroup | 60,000.00 | 60,000.00 | CNY | 18October2022 | 18October2025 | No |
| OCTGroup | 150,000.00 | 150,000.00 | CNY | 29January2024 | 29January2027 | No |
| OCTGroup | 80,000.00 | 80,000.00 | CNY | 18March2024 | 18March2027 | No |
| OCTGroup | 50,000.00 | 50,000.00 | CNY | 22September2023 | 22September2026 | No |
| Securedparty | Contractedguaranteeamount(RMB'0,000) | Actualguaranteeamount(RMB'0,000) | Currency | Startdateofguarantee | Expirydateofguarantee | Whethertheguaranteeiscompleted |
| OCTGroup | 50,000.00 | 48,500.00 | CNY | 13December2023 | 13December2026 | No |
| OCTGroup | 50,000.00 | 50,000.00 | CNY | 26March2024 | 26March2027 | No |
| OCTGroup | 60,000.00 | 60,000.00 | CNY | 25June2024 | 25June2026 | No |
2）Asthesecuredparty
| Guarantor | Guaranteeamount(RMB'0,000) | Currency | Startdateofguarantee | Expirydateofguarantee | Whethertheguaranteeiscompleted |
| KonkaCircuit | 8,200.00 | CNY | 5February2024 | 4February2025 | No |
| SuiningKonkaIndustrialPark | 32,800.00 | CNY | 5February2024 | 4February2025 | No |
| OCTGroup | 80,000.00 | CNY | 9July2021 | 9July2024 | No |
| OCTGroup | 60,000.00 | CNY | 8September2022 | 8September2025 | No |
| OCTGroup | 60,000.00 | CNY | 18October2022 | 18October2025 | No |
| OCTGroup | 120,000.00 | CNY | 14July2022 | 14July2025 | No |
| OCTGroup | 49,250.00 | CNY | 23August2022 | 22August2025 | No |
| OCTGroup | 23,000.00 | CNY | 22December2022 | 22December2025 | No |
| OCTGroup | 56,000.00 | CNY | 18January2023 | 18January2026 | No |
| OCTGroup | 50,000.00 | CNY | 22September2023 | 22September2026 | No |
| OCTGroup | 48,500.00 | CNY | 13December2023 | 20December2026 | No |
| OCTGroup | 50,000.00 | CNY | 26March2024 | 26March2027 | No |
| OCTGroup | 60,000.00 | CNY | 25June2024 | 25June2026 | No |
| OCTGroup | 150,000.00 | CNY | 29January2024 | 29January2027 | No |
| OCTGroup | 80,000.00 | CNY | 18March2024 | 18March2027 | No |
| JiangxiXinzixinRealEstateCo.,Ltd. | 686.00 | CNY | 15August2023 | 14August2024 | No |
| ShandongEconTechnologyCo.,Ltd. | 3,300.00 | CNY | 13November2020 | 31December2024 | No |
| ChuzhouState-ownedAssetsManagementCo.,Ltd. | 1,060.57 | CNY | 31August2023 | 31August2024 | No |
| Guarantor | Guaranteeamount(RMB'0,000) | Currency | Startdateofguarantee | Expirydateofguarantee | Whethertheguaranteeiscompleted |
| ChuzhouState-ownedAssetsManagementCo.,Ltd. | 1,223.35 | CNY | 22September2023 | 21September2024 | No |
| ChuzhouState-ownedAssetsManagementCo.,Ltd. | 1,764.64 | CNY | 10August2021 | 15July2031 | No |
| ChuzhouState-ownedAssetsManagementCo.,Ltd. | 880.00 | CNY | 29October2021 | 26October2026 | No |
| ChuzhouState-ownedAssetsManagementCo.,Ltd. | 880.00 | CNY | 24October2022 | 26October2026 | No |
| ChuzhouState-ownedAssetsManagementCo.,Ltd. | 1,320.00 | CNY | 19September2022 | 18September2023 | No |
| ChuzhouState-ownedAssetsManagementCo.,Ltd. | 1,065.64 | CNY | 25June2023 | 24June2028 | No |
| WuGuoren | 875.00 | USD | 31December2019 | 31December2024 | No |
| WuGuoren | 2,425.00 | USD | 31December2019 | 31December2024 | No |
| XiaoYongsong | 840.00 | USD | 31December2019 | 31December2024 | No |
| XiaoYongsong | 2,328.00 | USD | 31December2019 | 31December2024 | No |
| ShenzhenUnifortuneSupplyChainManagementCo.,Ltd. | 1,391.60 | USD | 21June2021 | 31December2022 | No |
| ShenzhenUnifortuneSupplyChainManagementCo.,Ltd. | 867.30 | USD | 21June2021 | 31December2022 | No |
| GuizhouHuajinrunTechnologyCo.Ltd. | 381.15 | USD | 1January2022 | 31December2025 | No |
| GuizhouHuajinrunTechnologyCo.Ltd. | 157.50 | USD | 1January2022 | 31December2025 | No |
| ShenzhenHenglongtongTechnologyCo.,Ltd. | 241.40 | USD | 1January2022 | 31December2025 | No |
| ShenzhenHenglongtongTechnologyCo.,Ltd. | 99.75 | USD | 1January2022 | 31December2025 | No |
| AUJETINDUSTRYLIMITED | 3,227.63 | USD | 10November2021 | 31December2023 | No |
| AUJETINDUSTRYLIMITED | 89.18 | USD | 10November2021 | 31December2023 | No |
| AUJETINDUSTRYLIMITED | 1,029.00 | USD | 20July2020 | 31December2023 | No |
| ZhuXinming | 12,446.00 | CNY | 15October2022 | 14October2023 | No |
| Guarantor | Guaranteeamount(RMB'0,000) | Currency | Startdateofguarantee | Expirydateofguarantee | Whethertheguaranteeiscompleted |
| ZhuXinming | 3,399.49 | CNY | 1January2023 | 31December2023 | No |
| ZhuXinming | 13,249.19 | CNY | 19February2023 | 18February2024 | No |
| ZhuXinming | 6,860.00 | CNY | 1March2023 | 28February2024 | No |
| ZhuXinming | 2,330.54 | CNY | 9March2023 | 8March2024 | No |
| ZhuXinming | 2,156.00 | CNY | 1April2023 | 30September2023 | No |
| ZhuXinming | 443.45 | CNY | 13January2023 | 31December2023 | No |
| ZhuXinming | 44.05 | CNY | 30March2023 | 31December2023 | No |
| ZhuXinming | 443.45 | CNY | 14April2023 | 31December2023 | No |
| ZhuXinming | 44.05 | CNY | 30June2023 | 31December2023 | No |
| ZhuXinming | 443.45 | CNY | 14July2023 | 31December2023 | No |
| ZhuXinming | 44.05 | CNY | 11October2023 | 31December2023 | No |
| ZhuXinming | 149.45 | CNY | 13October2023 | 31December2023 | No |
| ZhuXinming | 44.05 | CNY | 29December2023 | 31December2023 | No |
| ZhuXinming | 490.00 | CNY | 28February2023 | 27February2024 | No |
| ZhuXinming | 5,109.05 | CNY | 1January2023 | 31December2023 | No |
| ZhuXinming | 252.63 | CNY | 13January2023 | 31December2023 | No |
| ZhuXinming | 101.77 | CNY | 13January2023 | 31December2023 | No |
| ZhuXinming | 203.63 | CNY | 14April2023 | 31December2023 | No |
| ZhuXinming | 1,862.90 | CNY | 1January2023 | 31December2023 | No |
| ZhuXinming | 223.85 | CNY | 17February2023 | 31December2023 | No |
| ZhuXinming | 93.12 | CNY | 8March2023 | 31December2023 | No |
| ZhuXinming | 101.35 | CNY | 19May2023 | 31December2023 | No |
| ZhuXinming | 93.12 | CNY | 8June2023 | 31December2023 | No |
| ZhuXinming | 93.12 | CNY | 8September2023 | 31December2023 | No |
| Guarantor | Guaranteeamount(RMB'0,000) | Currency | Startdateofguarantee | Expirydateofguarantee | Whethertheguaranteeiscompleted |
| ZhuXinming | 62.25 | CNY | 7December2023 | 31December2023 | No |
| JiangxiKonka | 13,431.31 | CNY | 15June2023 | 8March2027 | No |
| JiangxiHighTransparentSubstrate | 38,045.57 | CNY | 15June2023 | 19March2027 | No |
| JiangxiHighTransparentSubstrate | 258.80 | CNY | 28April2024 | 6March2030 | No |
| XinfengMicrocrystalline | 34,475.18 | CNY | 15June2023 | 31December2025 | No |
| HuZehong,LiangRuiling,DaiYaojin | 2,205.00 | CNY | 1July2018 | 31December2025 | No |
| HuZehong,LiangRuiling,DaiYaojin | 4,899.02 | CNY | 1July2018 | 31December2025 | No |
| XingDaHongYe | 6,591.25 | CNY | 1January2022 | 31December2026 | No |
| XingDaHongYe | 5,366.40 | CNY | 1January2022 | 31December2026 | No |
| XingDaHongYe | 3,124.68 | CNY | 1January2022 | 31December2026 | No |
| SuiyongRongxinAssetManagementCo.,Ltd. | 2,450.00 | CNY | 1January2018 | 30June2024 | No |
| SuiyongRongxinAssetManagementCo.,Ltd. | 2,842.00 | CNY | 1January2018 | 31December2024 | No |
ShenzhenHenglongtongTechnologyCo.,Ltd.,GuizhouHuajinrunTechnologyCo.Ltd.,HuayingGaokedeElectronicsTechnologyCo.,Ltd.,HuayingGaokelongElectronicsTechnologyCo.,Ltd.,ShenzhenBailiYongxingTechnologyCo.,Ltd.
| 735.00 | CNY | 1January2022 | 31December2025 | No |
ShenzhenHenglongtongTechnologyCo.,Ltd.,GuizhouHuajinrunTechnologyCo.Ltd.,HuayingGaokedeElectronicsTechnologyCo.,Ltd.,HuayingGaokelongElectronicsTechnologyCo.,Ltd.,ShenzhenBailiYongxingTechnologyCo.,Ltd.
| 488.37 | CNY | 1January2022 | 31December2025 | No |
ShenzhenHenglongtongTechnologyCo.,Ltd.,GuizhouHuajinrunTechnologyCo.Ltd.,HuayingGaokedeElectronicsTechnologyCo.,Ltd.,HuayingGaokelongElectronicsTechnologyCo.,Ltd.,ShenzhenBailiYongxingTechnologyCo.,Ltd.
| 552.72 | CNY | 1January2022 | 31December2025 | No | |
| ChuzhouHanshangElectricApplianceCo.,Ltd. | 4,533.96 | CNY | 20May2021 | 19May2024 | No |
| ShenzhenQianhaiDatangTechnologyCo.,Ltd. | 441.00 | CNY | 17November2023 | 16November2026 | No |
| Guarantor | Guaranteeamount(RMB'0,000) | Currency | Startdateofguarantee | Expirydateofguarantee | Whethertheguaranteeiscompleted |
| KonkaVentures | 1,322.54 | CNY | 15December2021 | 5November2022 | No |
（5）Loansfrom/torelatedparties
| Relatedparty | Amount(RMB'0,000) | Currency | Startdate | Maturity |
| Borrowing: | ||||
| OCTGroup | 81,091.00 | CNY | 10January2022 | 9January2025 |
| OCTGroup | 50,000.00 | CNY | 19May2022 | 18May2025 |
| OCTGroup | 70,000.00 | CNY | 26May2022 | 25May2025 |
| ChuzhouHanshangElectricApplianceCo.,Ltd. | 12,862.50 | CNY | 1January2024 | 31December2024 |
| ChuzhouHanshangElectricApplianceCo.,Ltd. | 2,450.00 | CNY | 2August2023 | 2August2024 |
| ChuzhouHanshangElectricApplianceCo.,Ltd. | 980.00 | CNY | 14February2024 | 13February2025 |
| ShandongEconTechnologyCo.,Ltd. | 1,914.00 | CNY | 20March2024 | 19March2025 |
| KangkongVentureCapital(Shenzhen)Co.,Ltd. | 245.00 | CNY | 21July2022 | 18July2024 |
| BeijingXuriShengxingTechnologyCo.,Ltd. | 228.67 | CNY | 5December2022 | 30November2024 |
| Total | 219,771.17 | |||
| Lending: | ||||
| DongguanGuankangYuhongInvestmentCo.,Ltd. | 19,600.00 | CNY | 25September2023 | 24September2024 |
| ChuzhouKangxinHealthIndustryDevelopmentCo.,Ltd. | 38,974.77 | CNY | 22December2023 | 21December2024 |
| ChuzhouKangxinHealthIndustryDevelopmentCo.,Ltd. | 562.97 | CNY | 22December2023 | 21December2024 |
| SichuanChengruiRealEstateCo.,Ltd. | 14,724.50 | CNY | 21January2022 | 15April2025 |
| YantaiKangyueInvestmentCo.,Ltd. | 12,852.70 | CNY | 16December2020 | 5November2022 |
| YantaiKangyunIndustrialDevelopment | 22,600.00 | CNY | 31March2024 | 31March2025 |
| Relatedparty | Amount(RMB'0,000) | Currency | Startdate | Maturity |
| Co.,Ltd. | ||||
| ChongqingLanlvMomaRealEstateDevelopmentCo.,Ltd. | 18,843.00 | CNY | 25November2020 | 24November2023 |
| SichuanHongxinchenRealEstateDevelopmentCo.,Ltd. | 19,879.55 | CNY | 15September2022 | 27February2025 |
| ShandongEconTechnologyCo.,Ltd. | 18,315.11 | CNY | 1January2024 | 20December2024 |
| ShandongEconTechnologyCo.,Ltd. | 4,996.58 | CNY | 21December2023 | 20December2024 |
| Total | 171,349.18 |
（6）Assettransferanddebtrestructuringofrelatedparties
| Relatedparty | Relatedpartytransaction | Amountincurredinthecurrentperiod | Amountincurredlastperiod |
| OCTGroupCo.,Ltd.anditssubsidiariesandassociates | Transferofpatents,softwarecopyrightsandtrademarks | ||
| Total |
（7）Remunerationforkeymanagementpersonnel
| Project | Thecurrentperiod(RMB'0,000) | Lastperiod(RMB'0,000) |
| Totalremuneration | 316.25 | 549.95 |
3.Balanceofamountreceivableandpayablebyrelatedparties
（1）Receivables
| Relatedparty | Closingbalance | Openingbalance | ||
| Bookbalance | Provisionforbaddebts | Bookbalance | Provisionforbaddebts | |
| Accountsreceivable: | ||||
| ShenzhenYaodeTechnologyCo.,Ltd.anditssubsidiaries | 146,468,551.71 | 146,468,551.71 | 145,562,210.29 | 145,562,210.29 |
| HOHOELECTRICAL&FURNITURECO.,LIMITED | 124,921,878.75 | 65,316,911.35 | 124,378,346.69 | 51,863,807.49 |
| OCTGroupCo.,Ltd.anditssubsidiariesandassociates | 95,069,787.49 | 15,682,476.73 | 100,590,722.52 | 15,162,359.88 |
| ChuzhouHanshangElectricApplianceCo.,Ltd. | 84,328,956.54 | 909,014.49 | 38,536,165.52 | 786,137.78 |
| Relatedparty | Closingbalance | Openingbalance | ||
| Bookbalance | Provisionforbaddebts | Bookbalance | Provisionforbaddebts | |
| AnhuiKaikaiShijieE-commerceCo.,Ltd.anditssubsidiaries | 46,725,631.12 | 3,055,744.43 | 60,994,542.80 | 1,879,460.35 |
| ShenzhenKanghongxingIntelligentTechnologyCo.,Ltd. | 39,230,506.73 | 39,222,383.06 | 39,226,376.64 | 39,214,097.96 |
| ShenzhenJielunteTechnologyCo.,Ltd.anditssubsidiariesandassociates | 10,934,260.72 | 223,058.92 | 8,538,236.25 | 173,326.20 |
| ShenzhenKondaE-displayCo.,Ltd.anditssubsidiaries | 4,566,869.61 | 414,217.51 | 2,038,868.80 | 130,671.94 |
| Subtotalofotherrelatedparties | 19,774,344.27 | 4,702,381.95 | 36,068,461.04 | 4,978,006.25 |
| Total | 572,020,786.94 | 275,994,740.15 | 555,933,930.56 | 259,750,078.15 |
| Financingaccountsreceivable/Notesreceivable: | ||||
| KoreaElectricGroupCo.,Ltd.anditssubsidiaries | 10,000,000.00 | |||
| ChuzhouHanshangElectricApplianceCo.,Ltd. | 10,000,000.00 | |||
| Total | 20,000,000.00 | |||
| Dividendsreceivable | ||||
| WuhanTianyuanEnvironmentalProtectionCo.,Ltd. | 10,465,200.00 | |||
| ChutianDragonCo.,Ltd. | 4,240,444.62 | |||
| ShenzhenJielunteTechnologyCo.,Ltd. | 941,482.38 | |||
| Total | 14,705,644.62 | 941,482.38 | ||
| Otherreceivables: | ||||
| YantaiKangyueInvestmentCo.,Ltd. | 175,910,620.67 | 18,682,100.00 | ||
| DaiRongxing | 87,692,767.03 | 87,692,767.03 | 86,150,945.74 | 86,150,945.74 |
| ShenzhenKanghongxingIntelligentTechnologyCo.,Ltd. | 39,888,921.64 | 39,888,921.64 | 39,888,921.64 | 39,888,921.64 |
| OCTGroupCo.,Ltd.anditssubsidiariesandassociates | 30,343,358.95 | 20,542,421.70 | 31,185,288.31 | 20,608,710.48 |
| Relatedparty | Closingbalance | Openingbalance | ||||
| Bookbalance | Provisionforbaddebts | Bookbalance | Provisionforbaddebts | |||
| DongguanGuankangYuhongInvestmentCo.,Ltd. | 22,000,000.00 | 660,000.00 | 22,000,000.00 | 660,000.00 | ||
| HOHOELECTRICAL&FURNITURECO.,LIMITED | 2,500,687.22 | 1,622,445.87 | 2,485,213.19 | 1,612,406.32 | ||
| HuZehong | 977,294.24 | 94,287.93 | 1,395,042.29 | 135,057.89 | ||
| JiangxiMeijiEnterpriseCo.,Ltd. | 93,512,640.31 | 93,512,640.31 | ||||
| HuanjiaGroupCo.,Ltd. | 25,083,675.53 | 24,582,002.02 | ||||
| Subtotalofotherrelatedparties | 225,666.72 | 6,726.05 | 145,049.83 | 2,993.94 | ||
| Total | 359,539,316.47 | 169,189,670.22 | 301,846,776.84 | 267,153,678.34 | ||
| Prepayments: | ||||||
| PuchuangJiakangTechnologyCo,Ltd. | 10,596,705.00 | |||||
| OCTGroupCo.,Ltd.anditssubsidiariesandassociates | 238,185.12 | |||||
| 75,511.22 | ||||||
| ShenzhenJielunteTechnologyCo.,Ltd.anditssubsidiaries | 7,764.63 | |||||
| Subtotalofotherrelatedparties | 187,017.99 | |||||
| Total | 10,859,234.21 | 245,949.75 | ||||
| Othercurrentassets: | ||||||
| ChuzhouKangxinHealthIndustryDevelopmentCo.,Ltd. | 412,246,840.52 | 396,256,021.05 | ||||
| YantaiKangyunIndustrialDevelopmentCo.,Ltd. | 265,592,911.14 | 256,452,466.70 | ||||
| ChongqingLanlvMomaRealEstateDevelopmentCo.,Ltd. | 243,451,559.91 | 235,830,613.25 | ||||
| SichuanHongxinchenRealEstateDevelopmentCo.,Ltd. | 236,192,420.65 | 228,799,064.74 | ||||
| ShandongEconTechnologyCo.,Ltd.anditssubsidiaries | 234,271,017.20 | 233,116,949.03 | ||||
| Relatedparty | Closingbalance | Openingbalance | ||
| Bookbalance | Provisionforbaddebts | Bookbalance | Provisionforbaddebts | |
| DongguanGuankangYuhongInvestmentCo.,Ltd. | 223,229,933.65 | 224,838,028.99 | ||
| SichuanChengruiRealEstateCo.,Ltd. | 174,432,231.04 | 168,476,988.84 | ||
| YantaiKangyueInvestmentCo.,Ltd. | 170,712,417.56 | 18,682,100.00 | ||
| Total | 1,789,416,914.11 | 1,914,482,550.16 | 18,682,100.00 | |
（2）Payables
| Relatedparty | Bookbalanceattheendoftheperiod | Bookbalanceatthebeginningoftheperiod |
| Accountspayable: | ||
| ShenzhenJielunteTechnologyCo.,Ltd.anditssubsidiariesandassociates | 31,049,279.87 | 33,987,442.17 |
| OCTGroupCo.,Ltd.anditssubsidiariesandassociates | 27,725,955.80 | 28,693,864.79 |
| ChuzhouHanshangElectricApplianceCo.,Ltd. | 24,759,143.98 | 43,592,692.34 |
| ShenzhenKondaE-displayCo.,Ltd.anditssubsidiaries | 14,723,403.30 | 10,343,033.76 |
| HOHOELECTRICAL&FURNITURECO.,LIMITED | 6,635,707.92 | 10,195,877.56 |
| KoreaElectricGroupCo.,Ltd.anditssubsidiaries | 6,562,139.19 | 4,374,416.65 |
| AnhuiKaikaiShijieE-commerceCo.,Ltd.anditssubsidiaries | 4,326,148.17 | 4,614,860.81 |
| PanxuIntelligenceCo.,Ltd.anditssubsidiaries | 2,092,771.45 | 3,558,734.12 |
| DongguanKonkaSmartElectronicTechnologyCo.,Ltd. | 485,152.86 | 288,114.11 |
| Subtotalofotherrelatedparties | 51,590,105.78 | 62,595,100.98 |
| Total | 169,949,808.32 | 202,244,137.29 |
| Notespayable: | ||
| DongguanKangjiaNewMaterialsTechnologyCo.,Ltd. | 5,208,249.77 | 4,352,821.66 |
| KoreaElectricGroupCo.,Ltd.anditssubsidiaries | 2,948,260.34 | 4,709,353.26 |
| ShenzhenJielunteTechnologyCo.,Ltd.anditssubsidiaries | 2,687,124.58 | 916,829.48 |
| PanxuIntelligenceCo.,Ltd.anditssubsidiaries | 1,962,738.39 | |
| Total | 10,843,634.69 | 11,941,742.79 |
| Contractualliabilities/othercurrentliabilities: |
| Relatedparty | Bookbalanceattheendoftheperiod | Bookbalanceatthebeginningoftheperiod |
| OCTGroupCo.,Ltd.anditssubsidiariesandassociates | 42,855,945.24 | 43,675,417.58 |
| ShenzhenKondaE-displayCo.,Ltd.anditssubsidiaries | 8,184,562.22 | 28,903,907.67 |
| ShandongKangfeiIntelligentElectricalAppliancesCo.,Ltd. | 187,981.82 | 246,708.55 |
| ShenzhenAimijiakangTechnologyCo.,Ltd. | 2,191.50 | 1,030,654.81 |
| Subtotalofotherrelatedparties | 5,086,921.84 | 1,412,447.04 |
| Total | 56,317,602.62 | 75,269,135.65 |
| Otherpayables: | ||
| ChuzhouHanshangElectricApplianceCo.,Ltd. | 206,345,489.22 | 195,705,860.89 |
| ShandongEconTechnologyCo.,Ltd.anditssubsidiaries | 19,369,484.27 | 42,146,282.34 |
| OCTGroupCo.,Ltd.anditssubsidiariesandassociates | 15,996,696.01 | 23,291,255.06 |
| CentralEnterprisesinpoverty-strickenareas(Jiangxi)IndustrialInvestmentFundsPartnership(L.P.) | 12,000,000.00 | 9,600,000.00 |
| BeijingXuriShengxingTechnologyCo.,Ltd. | 2,605,409.66 | 2,536,047.85 |
| KonkaVenturesDevelopment(Shenzhen)Co.,Ltd. | 2,486,649.34 | 2,523,500.05 |
| ChongqingKangjianOptoelectronicsTechnologyCo.,Ltd. | 500,000.00 | |
| DongguanKangjiaNewMaterialsTechnologyCo.,Ltd. | 410,526.24 | 410,526.24 |
| E3info(Hainan)TechnologyCo.,Ltd.anditssubsidiariesandassociatedenterprises | 10,328.48 | 63,099.88 |
| Subtotalofotherrelatedparties | 18,282,012.76 | 11,052,687.80 |
| Total | 278,006,595.98 | 287,329,260.11 |
4.RelatedpartycommitmentsTheGroupdidnothaveanyrelatedpartycommitments.
5.OthersTheGroupdidnothaveanyrelatedpartymatters.
XIV.CommitmentsandContingencies
1.Significantcommitments
（1）Capitalcommitments
| Item | Closingbalance | Openingbalance |
| Contractsignedbuthasn'tbeenrecognisedinfinancialstatements | ||
| Commitmentonconstructionandpurchaseoflong-livedassets | 32,718,400.00 | |
| Largeamountcontract | 248,842,082.25 | 295,615,545.67 |
| Foreigninvestmentcommitments | ||
| Total | 281,560,482.25 | 295,615,545.67 |
（2）OthercommitmentsAsof30June2024,therewerenoothersignificantcommitmentsfortheCompanytodisclose.
2.ContingenciesTheGroup'smaterialcontingenciesrequiringdisclosurearesetoutbelow:
(1)BeforetheCompanyacquiredJiangxiKonka,JiangxiKonkaanditssubsidiariesXinfengMicrocrystallineandJiangxiHighTransparentSubstrate(formerlyknownasNano-CrystallisedGlass)providedjointandseveralliabilityguaranteefortheloansfromNanchangRuralCommercialBankCo.,Ltd.toJiangxiXinxinJian'anEngineering,JiangxiZhongyiDecorativeMaterialandJiangxiShanshiScienceandTechnology,relatedpartiesofformercontrollingshareholdersofJiangxiKonka,andNanchangRuralCommercialBankCo.,Ltd.thentransferredtheclaimstoChinaGreatWallAMCJiangxiBranch.ForthefailureofJiangxiXinxinJian'anEngineering,JiangxiZhongyiDecorativeMaterialandJiangxiShanshiScienceandTechnologytorepaytheborrowingsontime,ChinaGreatWallAMCJiangxiBranchfiledalawsuitrequestingJiangxiXinxinJian'anEngineering,JiangxiZhongyiDecorativeMaterialandJiangxiShanshiScienceandTechnologytorepaytheloanprincipalamountingtoRMB300millionandtheliquidateddamageandinterestarisingfromitandguarantorsJiangxiKonka,JiangxiHighTransparentSubstrateandXinfengMicrocrystallinetobearjointandseveralliabilityforsuchdebts.On31October2019,theHigherPeople'sCourtofJiangxiProvinceruledinthefirstinstancethatJiangxiXinxinJian'anEngineering,JiangxiZhongyiDecorativeMaterial,JiangxiShanshiTechnologyshouldrepaytoChinaGreatWallAMCJiangxiBranchtheloanprincipalofRMB300millionandtheinterestandliquidateddamagearisingfromitwithin10daysfromtheeffectivedateofthejudgment,andJiangxiKonkaNewMaterial,ZhuXinming,LengSumin,Nano-CrystallisedGlass,XinfengMicrocrystallineshouldbearjointandseveralliabilityforalldebtsrecognisedinthisjudgment.ThedefendantsappealedagainsttheverdictofthefirstinstanceandtheSupremePeople'sCourtacceptedtheappeal.On24March2021,theSupremePeople'sCourtmadethefollowingruling:I.CivilJudgment(2018)G.M.CH.No.110madebytheHigherPeople'sCourtofJiangxiProvinceisabrogated;II.ThiscaseisremandedtotheHigherPeople'sCourtofJiangxiProvinceforretrial.Asofthedateofissuanceofthisreport,thefirstinstanceoftheretrialwasdecided,anappealhadbeenfiled,andthesecondinstanceoftheretrialisinprogress.TheactualcontrollerofJiangxiKonkaNewMaterials,ZhuXinming,andhisspouse,LengSumin,Jiangxi
XinzixinRealEstateCo.,Ltd.,ZhuZilong,ZhuQingmingandZengXiaohong,asguarantors,providedatotalofapproximatelyRMB143millionofrealestatemortgageguaranteetoGreatWallAMCfortheaboveloans.ZhuXinmingandLengSuminalsoprovidedjointliabilityguarantees.InordertoavoidtheadverseimpactofthiscaseontheCompany,theCompanyhasagreedintheacquisitionagreementofJiangxiKonka,XinfengMicrocrystallineandnanometremicrocrystallinethatallcontingentdebtsincurredbyJiangxiKonkabytheoriginalshareholdersofKonkanewmaterialintheformofjointandseveralliability.JiangxiXinzixinRealEstateCo.,Ltd.hasheldatotalofapproximatelyRMB243millionofrealestateassetsasthecaseoftheanti-guaranteemortgagetoKonkagroupandwentthroughthemortgageregistrationprocedures.Asofthedateofthisreport,thecaseisstillontrialandtheabovecommercialacceptancebillhasnotbeenhonoured.
(2)AsforthedisputeoftheCompanywithLuoZaotong,LuoJingxia,LuoZongyin,LuoZongwuandShenzhenYaodeTechnologyCo.,Ltd.onsharerepurchase,sincetheotherpartydidnotactivelyperformtherepurchaseobligation,theCompanyfiledalawsuitwiththePeople'sCourtofNanshanDistrict,Shenzhen.TheamountofthesubjectmatterinvolvedinthelawsuitisRMB249million.On22November2021,theCompanyappliedtothePeople'sCourtofNanshanDistrict,Shenzhen,forpropertypreservation.On11January2023,thePeople'sCourtofNanshanDistrict,Shenzhen,renderedaverdictofthefirstinstance,rulingthatLuoZaotong,LuoJingxia,LuoZongyinandLuoZongwupaytherepurchaseamountofRMB172millionplusthesumofinterestcalculatedat12%perannumfrom6April2017tothedateofpaymentoftheequityrepurchasebythedefendantLuoZaotong,LuoJingxia,LuoZongyinandLuoZongwu.Asofthedateofissuanceofthisreport,thecasewasexecutedinprogress.
(3)AstheacceptorfailedtopaythecommercialacceptancebillsheldbytheCompanyuponmaturity,theCompany,astheplaintiff,requesteddebtorsHongtuSanpowerTechnologyCo.,Ltd.,JiangsuHongtuHighTechnologyCo.,Ltd.,SanpowerGroupCo.,Ltd.,NanjingJiongjiongElectronicTechnologyCo.,Ltd.andShenzhenQianhaiBenniuAgriculturalTechnologyCo.,Ltd.toRMB200millionbearjointandseveralliabilityforthebillsandtheoverdueinterest.InJuly2019,thecompanyfiledalawsuitwiththecourt,andthecourthaspreservedthedefendant'scorrespondingproperty.Asofthedateofissuanceofthisreport,thecasewasclosed.
(4)TheamountofthesubjectmatterinvolvedinthedisputebetweentheCompanyandWuhanJialianAgriculturalTechnologyDevelopmentCo.,Ltd.,PengChaojun,HeJiaguo,HeJiayi,LiangXiangzhou,XuYizheng,HeFan,PangHuasheng,SongLiangming,andLiangXiangmeiovertherightofrecourseforbillsisRMB200millionandthecorrespondinginterest.InSeptember2020,theCompanyfiledalawsuitwiththeWuhanIntermediatePeople'sCourt,andthecourtorderedthedefendanttopayKonkaGrouptheprincipalamountofthenoteofRMB200millionandrelevantoverdueinterest.Thedefendantappliedforretrialduringtheexecutionofthecase.Asofthedateofissuanceofthisreport,thecasewasinretrial.
(5)TheamountofthesubjectmatterinvolvedinthedisputebetweentheCompany'ssubsidiaryKonkaUnifortuneandShenzhenYaodeTechnologyCo.,Ltd.,DongshengXinluoTechnology(Shenzhen)Co.,Ltd.,ShenzhenHongyaoDingshengInvestmentManagementCo.,Ltd.,ShenzhenXiangruiYingtongInvestmentManagementCo.,Ltd.,LuoJingxia,LuoZongwu,LuoZongyin,LuoZaotongandLuoSaiyinovercontractsisRMB155million.On8September2022,thecourtissuedajudgmentinfavouroftheCompany'ssubsidiary.Asofthedateofissuanceofthisreport,thecasewasexecutedinprogress.
(6)AstheacceptorfailedtopaythecommercialbillsheldbytheCompanyuponmaturity,theCompany,astheplaintiff,filedalawsuitwiththecourtonthematuredbillsamountingtoRMB300million,requestingthebillacceptorShanghaiHuaxinandpriorpartiesinvolvedtobearjointandseveralliabilityforthebillsand
liquidateddamageandinterest.Asofthedateofissuanceofthisreport,thecasewasexecutedinprogress.
(7)TheamountofthesubjectmatterinvolvedinthedisputebetweentheCompany'ssubsidiariesFrestecRefrigeration,AnhuiKonka,KonkaMaterialandAnhuiTongchuang(plaintiff)andShantouMeisenTechnologyCo.,Ltd.,ShenzhenMeisenyuanPlasticElectronicsCo.,Ltd.,LinYuanqin,HuangRuirong,JiangsuHuadongHardwareZoneCo.,Ltd.,ChuangfuCommerce&TradePlazaRealEstateDevelopment(Huizhou)Co.,Ltd.andPuningJunlongTradeCo.,Ltd.(defendants)overcontractsisRMB380million.Asofthedateofissuanceofthisreport,theportionofthecase,relatedtoXinfeiandMeisen,wasintrial,whiletherestcasewasexecutedinprogress.
(8)TheamountofthesubjectmatterinvolvedinthedisputebetweentheCompany'ssubsidiaryDongguanKonka(plaintiff)andDongguanGaonengPolymerMaterialsCo.,Ltd.,WangDong,ShenzhenXinlianXingyaoTradingCo.,Ltd.,ShenzhenJinchuanQianchaoNetworkTechnologyCo.,Ltd.,PuningJunlongTradingCo.,Ltd.andHuangZhihao(defendants)oversalesandpurchasecontractsisRMB90million.InDecember2020theCompanyfiledalawsuitwiththecourtandobtainedajudgmentinitsfavourinJune2023.Asofthedateofissuanceofthisreport,thecasewasexecutedinprogress.
(9)AstheacceptorfailedtopaythecommercialbillsheldbytheCompanyuponmaturity,theCompany,astheplaintiff,filedalawsuitwiththecourtonthematuredbillsamountingtoRMB78million,requestingthecourttoorderHefeiHuajunTradingCo.,Ltd.andWuhanJialianAgriculturalTechnologyDevelopmentCo.,Ltd.topaytheCompanythebillsandtheinterestfordefault,andappliedforpropertypreservation.Asofthedateofissuanceofthisreport,thecasewasexecutedinprogress.
(10)TheamountofthesubjectmatterinvolvedinthedisputebetweentheCompany'ssubsidiaryKonkaElectronicMaterials(formerlyknownasKonkaFactoring)(theplaintiff)andTahoeGroupCo.,Ltd.,FuzhouTaijiaEnterpriseCo.,Ltd.andXiamenLianchuangMicro-electronicsCo.,Ltd.(thedefendants)overtherightofrecourseforbillsisRMB50millionandthecorrespondinginterest.On1September12021,theIntermediatePeople'sCourtofXiamenMunicipality,FujianProvince,orderedthedefendantstopaytheplaintiffe-commercialacceptancebillsofRMB50millionandthecorrespondinginterest.Asofthedateofissuanceofthisreport,thecasewasexecutedinprogress.
(11)TheamountofthesubjectmatterinvolvedinthedisputebetweentheCompany(plaintiff)andChinaEnergyElectricFuelCo.,Ltd.,ChinaEnergy(Shanghai)EnterpriseCo.,Ltd.,ShanghaiNengpingEnterpriseCo.,Ltd.andShenzhenQianhaiBaoyingCommercialFactoringCo.,Ltd.(defendants)overtherightofrecourseforbillsisRMB50millionandthecorrespondinginterest.InSeptember2018,thecompanyfiledalawsuitwiththeShenzhenIntermediatePeople'sCourt,andthecourthaspreservedthedefendant'scorrespondingproperty.Asofthedateofissuanceofthisreport,thecasewasexecutedinprogress.
(12)TheamountofthesubjectmatterinvolvedinthedisputebetweentheCompany'ssubsidiaryAnhuiKonka(plaintiff)andMakenaElectronic(HongKong)(defendant)overthesalesandpurchasecontractisRMB5,440,200.On7December2021,AnhuiKonkafiledarbitrationwiththeShenzhenCourtofInternationalArbitration.On14October2022,thecompulsoryenforcementwasfiled.Asofthedateofissuanceofthisreport,thecasewasexecutedinprogress.
(13)TheamountofthesubjectmatterinvolvedinthedisputebetweentheCompany'ssubsidiaryAnhuiKonka(plaintiff)andShanghaiLikaiLogisticsCo.,Ltd.ShenzhenBranchandShanghaiLikaiLogisticsCo.,Ltd.(defendants)overfreightforwardingcontractsinmaritimeandopenseawatersisRMB38million.On26April
2021,KonkaappliedtoShanghaiMaritimeCourtforcompulsoryexecution.On7June2021,thecourtacceptedthecase.Asofthedateofissuanceofthisreport,thecasewasexecutedinprogress.
(14)TheamountofthesubjectmatterinvolvedinthedisputebetweentheCompany'ssubsidiaryPengrunTechnology(plaintiff)andGuanganOuQiShiElectronicTechnologyCo.,Ltd.,GuanHongshao,HuayingGaokedeElectronicTechnologyCo.,Ltd.,HuayingGaokelongElectronicTechnologyCo.,Ltd.,GuizhouJiaguidaTechnologyCo.,Ltd.,SichuanHongrongyuanRealEstateCo.,Ltd.,DuXinyu,LinbolongandWangShisheng(defendants)overtrustcontractisRMB167million.Thecasehasbeenappliedforpropertypreservationmeasures.Asofthedateofissuanceofthisreport,thecasewasexecutedinprogress.
(15)TheamountofthesubjectmatterinvolvedinthedisputebetweentheCompany(plaintiff)andYantaiKangyueInvestmentCo.,Ltd.(defendant)overborrowingcontractisRMB160million.TheCompanyhasappliedtotheShenzhenIntermediatePeople'sCourtforpropertypreservation.Asofthedateofissuanceofthisreport,thecasewasexecutedinprogress.
(16)TheamountofthesubjectmatterinvolvedinthedisputebetweentheCompany'ssubsidiaryJiaxinTechnologyCo.,Limited(plaintiff)andTripodElectronicsTechnology(HongKong)Limited,ChenWenhuanandChenBaohong(defendants)overasalesandpurchasecontractofinternationalgoodsisRMB51million.Asofthedateofissuanceofthisreport,thecasewasundertrial.
(17)InthecaseofcontractdisputebetweentheCompany(plaintiff),ZhuXinming,LengSumin,GongqingchengBRICInvestmentManagementPartnership(limitedpartnership)andGongqingchengXinruiInvestmentManagementPartnership(Limitedpartnership)(defendant),duetothefailureoftheotherpartytopayperformancecompensationasagreed,theCompanyfiledanarbitrationwiththeShenzhenInternationalArbitrationCourtinJune2023.TheamountofthesubjectmatterinvolvedinthelawsuitisRMB939,044,100.Asofthedateofissuanceofthisreport,thecasewasundertrial.
(18)InthecaseofcontractdisputebetweentheCompany'ssubsidiaries,KonkaLifeng(Plaintiff)andShenzhenJunxingCommunicationTechnologyCo.,Ltd.,GuMeiElectronics(HongKong)TechnologyCo.,Ltd.,ShenzhenHongxingFengdaIndustrialDevelopmentCo.,Ltd.,ShenzhenJunxingJunyeElectronicsCo.,Ltd.,ZengJiankai,ZhangZhenyu,HaiyingTechnologyGroup(HongKong)Co.,Ltd.,ZhangLixia,AnhuiBaolinIndustryCo.,Ltd.,ZengQingpeng,ZhongYuhua(Defendant),thesubjectmatterofthelawsuitisRMB262,711,100.Asofthedateofissueofthisreport,thecasewasundertrial.
(19)ShenzhenNianhua(plaintiff),asubsidiaryoftheCompany,filedanarbitrationwiththeShenzhenInternationalArbitrationCourtinMarch2023inasharerepurchasedisputewithFangXianglongandJiangYan(defendant),duetotheotherparty'sfailuretorepurchasetheshareandpaytherepurchasepriceasagreed.ThesubjectmatterofthelawsuitisRMB151,605,500.Asofthedateofissueofthisreport,thecasewasunderimplementation.
(20)TheamountofthesubjectmatterinvolvedinthedisputebetweentheCompany'ssubsidiarySichuanKonka(plaintiff)andShenzhenJunxingCommunicationTechnologyCo.,Ltd.,ShenzhenHongxingFengdaIndustrialDevelopmentCo.,Ltd.,ShenzhenJunxingJunyeElectronicsCo.,Ltd.,LiuyangHuichuanHeyuanVillaCo.,Ltd.,ZengJiankai,ZhongYuhua(defendant)overasalesandpurchasecontractisRMB51.72million.Asofthedateofissuanceofthisreport,thecasewasunderimplementation.
(21)TheCompany(plaintiff)filedalawsuitwiththeNanshanDistrictPeople'sCourtofShenzheninMay2023
concerningtheequitytransfercontractdisputewithLongruiHaotengTechnologyDevelopmentCo.,Ltd.,BeijingBeidaBlueBirdSecuritySystemEngineeringTechnologyCo.,Ltd.,andBeijingJingruiHaotengTechnologyDevelopmentCo.,Ltd.(Defendant)duetothefailureoftheotherpartytopaythebalanceoftheequitytransferasagreed.ThesubjectmatterinvolvedamountedtoRMB45.4076million.Asofthedateofissueofthisreport,thecasewasunderimplementation.
(22)TheamountofthesubjectmatterinvolvedinthedisputebetweenShenzhenOrientalVentureCapitalInvestmentCo.,Ltd.(plaintiff)andtheCompany(defendant)overacontractisRMB750million.Asofthedateofissuanceofthisreport,thecasewasundertrial.
(23)TheamountofthesubjectmatterinvolvedinthedisputebetweenSichuanShuwuGuangrunlogisticsCo.,Ltd.(plaintiff)andtheCompany'ssubsidiaryDongguanKonka(defendants)overasalesandpurchasecontractisRMB122,834,600.Asofthedateofissuanceofthisreport,thecasewasundertrial.
XV.SubsequentEventsaftertheBalanceSheetDate
1.Importantnon-adjustingmattersTheGrouphadnosignificantnon-adjustingmatterstodiscloseasofthedateofthisfinancialreport.
2.SalesreturnAsofthedateofthisfinancialreport,theGrouphadnomaterialsalesreturns.
3.NotestoothersubsequenteventsafterthebalancesheetdateExceptfortheabovedisclosureofmattersafterthebalancesheetdate,theGroupdidnothaveanyothersignificanteventsafterthebalancesheetdate.XVI.OtherKeyMatters
AsKonkaHuanjia,asubsidiaryoftheCompany,wasunabletorepayitsdebtsastheymaturedanditsassetswereinsufficienttorepayallofitsdebts,theCompanyfiledanapplicationwiththePeople'sCourtofGanjiziDistrict,DalianCity,LiaoningProvince(the"DalianGanjingziDistrictCourt")forthebankruptcyandliquidationofKonkaHuanjiaon28February2024.On29February2024,theDalianGanjingziDistrictCourtdecidedinaccordancewiththelawtoaccepttheCompany'sapplication.On14March2024,theDalianGanjingziDistrictCourtappointedShanghaiSGLA(Dalian)LawFirmtoactastheadministrator(hereinafterreferredtoasthe"Administrator")ofthebankruptcyandliquidationcaseofKangjiaHuanjia.On15March2024,theAdministratortookovertherelevantinformationandphysicalobjectsofKonkaHuanjia.TheCompanynolongerexercisescontroloverKonkaHuanjiasince15March2024.Apartfromtheabovematters,theGrouphadnoothersignificanttransactionsandeventsthathadanimpactoninvestors'decision-makingthatneededtobedisclosed.XVII.NotestotheMainItemsoftheFinancialStatementsoftheParentCompany
1.Accountsreceivable
（1）Accountsreceivablelistedbyagingportfolio
| Aging | Bookbalanceattheendoftheperiod | Bookbalanceatthebeginningoftheperiod |
| Withinoneyear(inclusive) | 1,576,900,729.92 | 1,206,382,965.89 |
| Onetotwoyears | 1,224,353,927.73 | 1,471,518,725.52 |
| Twotothreeyears | 280,813,815.55 | 116,480,162.93 |
| Threetofouryears | 61,088,778.22 | 58,805,217.49 |
| Fourtofiveyears | 13,205,337.48 | 122,821,401.69 |
| Overfiveyears | 825,400,530.17 | 806,589,292.93 |
| Total | 3,981,763,119.07 | 3,782,597,766.45 |
（2）Accountsreceivablelistedbywithdrawalmethodsforbaddebts
| Category | Closingbalance | ||||
| Bookbalance | Provisionforbaddebts | Carryingvalue | |||
| Amount | Proportion(%) | Amount | Provisionpercentage(%) | ||
| Accountsreceivableofexpectedcreditlosseswithdrawnindividually | 752,374,855.73 | 18.90 | 708,515,174.55 | 94.17 | 43,859,681.18 |
| Accountsreceivableofexpectedcreditlosseswithdrawnbyportfolio | |||||
| Ofwhich:Agingportfolio | 322,883,164.84 | 8.10 | 166,335,392.46 | 51.52 | 156,547,772.38 |
| Groupingofrelatedparties | 2,906,505,098.50 | 73.00 | 2,906,505,098.50 | ||
| Subtotalofportfolio | 3,229,388,263.34 | 81.10 | 166,335,392.46 | 5.15 | 3,063,052,870.88 |
| Total | 3,981,763,119.07 | 100.00 | 874,850,567.01 | 21.97 | 3,106,912,552.06 |
(Continued)
| Category | Openingbalance | ||||
| Bookbalance | Provisionforbaddebts | Carryingvalue | |||
| Amount | Proportion(%) | Amount | Provisionpercentage(%) | ||
| Accountsreceivableof | 752,763,517.97 | 19.90 | 708,873,222.27 | 94.17 | 43,890,295.70 |
| Category | Openingbalance | ||||
| Bookbalance | Provisionforbaddebts | Carryingvalue | |||
| Amount | Proportion(%) | Amount | Provisionpercentage(%) | ||
| expectedcreditlosseswithdrawnindividually | |||||
| Accountsreceivableofexpectedcreditlosseswithdrawnbyportfolio | |||||
| Ofwhich:Agingportfolio | 355,972,586.88 | 9.41 | 166,216,118.67 | 46.69 | 189,756,468.21 |
| Groupingofrelatedparties | 2,673,861,661.60 | 70.69 | 2,673,861,661.60 | ||
| Subtotalofportfolio | 3,029,834,248.48 | 80.10 | 166,216,118.67 | 5.49 | 2,863,618,129.81 |
| Total | 3,782,597,766.45 | 100.00 | 875,089,340.94 | 23.13 | 2,907,508,425.51 |
1）Provisionsetasideforbaddebtsofaccountsreceivablebysingleitem
| Name | Closingbalance | |||
| Bookbalance | Provisionforbaddebts | Provisionpercentage(%) | Reasonsfortheprovision | |
| ShanghaiHuaxinInternationalGroupCo.,Ltd. | 298,855,950.30 | 292,878,831.29 | 98.00 | Expectedtobedifficulttorecover |
| HongtuSanbaoHigh-techTechnologyCo.,Ltd. | 200,000,000.00 | 180,000,000.00 | 90.00 | Expectedtobedifficulttorecover |
| ZhongfuTiangongConstructionGroupCo.,Ltd. | 71,289,096.65 | 53,466,822.49 | 75.00 | Expectedtobedifficulttorecover |
| CCCCFirstHarborEngineeringCompanyLtd. | 55,438,105.00 | 55,438,105.00 | 100.00 | Notexpectedtoberecoverable |
| ChinaEnergyPowerFuelCo.,Ltd. | 49,993,564.16 | 49,993,564.16 | 100.00 | Notexpectedtoberecoverable |
| ShenzhenKanghongxingIntelligentTechnologyCo.,Ltd. | 36,900,685.94 | 36,900,685.94 | 100.00 | Notexpectedtoberecoverable |
| Others | 39,897,453.68 | 39,837,165.67 | 99.85 | Expectedtobedifficulttorecover |
| Total | 752,374,855.73 | 708,515,174.55 | 94.17 | |
2）Provisionforbaddebtsforaccountsreceivablemadeasperportfolio
①Intheportfolio,accountsreceivableofprovisionforexpectedcreditlossmadebyaging
| Aging | Closingbalance | ||
| Bookbalance | Provisionforbaddebts | Provisionpercentage(%) | |
| Withinoneyear | 112,395,876.40 | 2,292,875.89 | 2.04 |
| Onetotwoyears | 5,187.00 | 519.74 | 10.02 |
| Twotothreeyears | 59,706,366.00 | 13,547,374.44 | 22.69 |
| Threetofouryears | 800,435.79 | 519,322.74 | 64.88 |
| Fourtofiveyears | 171,776.01 | 171,776.01 | 100.00 |
| Overfiveyears | 149,803,523.64 | 149,803,523.64 | 100.00 |
| Total | 322,883,164.84 | 166,335,392.46 | 51.52 |
②Intheportfolio,accountsreceivableofprovisionforexpectedcreditlossmadebyothermethods
| Aging | Closingbalance | ||
| Bookbalance | Provisionforbaddebts | Provisionpercentage(%) | |
| Groupingofrelatedparties | 2,906,505,098.50 | ||
| Total | 2,906,505,098.50 | ||
（3）Provisionforbaddebtsofaccountsreceivablesetaside,recoveredorreclassifiedinthecurrentperiod
| Category | Openingbalance | Changeinthecurrentperiod | |
| Provision | Recoveryorreclassification | ||
| Provisionforbaddebtsofaccountsreceivable | 875,089,340.94 | 301,481.02 | 540,254.95 |
| Total | 875,089,340.94 | 301,481.02 | 540,254.95 |
(Continued)
| Category | Changeinthecurrentperiod | Closingbalance |
Charge-offorwrite-off
| Charge-offorwrite-off | Decreaseforotherreasons |
| Category | Changeinthecurrentperiod | Closingbalance | |
| Charge-offorwrite-off | Decreaseforotherreasons | ||
| Provisionforbaddebtsofaccountsreceivable | 874,850,567.01 | ||
| Total | 874,850,567.01 | ||
TherewerenoprovisionsforbaddebtswithsignificantamountstoberecoveredorclassifiedintheReportingPeriod.
（4）AccountsreceivableactuallywrittenoffinthecurrentperiodTherewerenoaccountsreceivableactuallywrittenoffinthecurrentperiod.
（5）TopfiveaccountsreceivableandcontractassetsintheclosingbalancecategorisedbydebtorsThetotalamountofaccountsreceivablewithtopfiveclosingbalancecategorisedbydebtorsinthecurrentperiodwasRMB3,055,758,056.02,accountingfor76.74%ofthetotalclosingbalanceofaccountsreceivable.ThetotalclosingbalanceofprovisionforbaddebtscorrespondinglysetasidewasRMB472,878,831.29.
2.Otheraccountsreceivable
| Item | Closingbalance | Openingbalance |
| Interestreceivable | 7,098,359.12 | 6,325,400.49 |
| Dividendsreceivable | 410,736,627.52 | 395,209,709.13 |
| Otherreceivables | 7,584,889,286.80 | 7,560,988,861.81 |
| Total | 8,002,724,273.44 | 7,962,523,971.43 |
2.1Interestreceivable
| Item | Closingbalance | Openingbalance |
| Interestontermdeposits | 7,098,359.12 | 6,325,400.49 |
| Total | 7,098,359.12 | 6,325,400.49 |
2.2Dividendsreceivable
| Item | Closingbalance | Openingbalance |
| HongKongKonka | 116,030,982.90 | 115,209,709.13 |
| Item | Closingbalance | Openingbalance |
| SuiningKonkaIndustrialPark | 280,000,000.00 | 280,000,000.00 |
| ChutianDragonCo.,Ltd. | 4,240,444.62 | |
| WuhanTianyuanEnvironmentalProtectionCo.,Ltd. | 10,465,200.00 | |
| Total | 410,736,627.52 | 395,209,709.13 |
2.3Otherreceivables
（1）Classifiedbyaccountnature
| Natureoffund | Bookbalanceattheendoftheperiod | Bookbalanceatthebeginningoftheperiod |
| Intercoursefundsamongsubsidiaries | 7,397,162,611.22 | 9,069,786,800.21 |
| Energy-savingsubsidiesreceivable | 141,549,150.00 | 141,549,150.00 |
| Intercoursefundswithotherrelatedparties | 2,024,073,267.21 | 235,267,733.09 |
| Deposit,securitydeposit,deposit | 11,713,898.17 | 12,721,943.88 |
| Others | 20,112,856.02 | 99,060,310.98 |
| Total | 9,594,611,782.62 | 9,558,385,938.16 |
（2）Otherreceivableslistedbyaging
| Aging | Bookbalanceattheendoftheperiod | Bookbalanceatthebeginningoftheperiod |
| Withinoneyear(inclusive) | 2,451,928,731.79 | 5,210,348,063.16 |
| Onetotwoyears | 2,602,382,126.67 | 2,145,922,239.93 |
| Twotothreeyears | 2,236,964,599.17 | 198,105,811.44 |
| Threetofouryears | 425,321,765.69 | 439,082,181.54 |
| Fourtofiveyears | 322,010,578.45 | 1,004,762,554.22 |
| Overfiveyears | 1,556,003,980.85 | 560,165,087.87 |
| Total | 9,594,611,782.62 | 9,558,385,938.16 |
（3）Classifiedpresentationofotherreceivablesbyprovisioningmethodsofbaddebts
| Category | Closingbalance | ||||
| Bookbalance | Provisionforbaddebts | Carryingvalue | |||
| Amount | Proportion(%) | Amount | Provisionpercentage(%) | ||
| Otherreceivablesofexpectedcreditlossessetasidebysingleitem | 2,115,468,102.06 | 22.05 | 1,958,223,301.39 | 92.57 | 157,244,800.67 |
| Otherreceivablesofprovisionforbaddebtssetasidebycreditriskcharacteristicportfolio: | |||||
| Agingportfolio | 69,725,271.20 | 0.73 | 47,479,729.45 | 68.10 | 22,245,541.75 |
| Low-riskportfolio | 12,255,798.14 | 0.13 | 4,019,464.98 | 32.80 | 8,236,333.16 |
| Groupingofrelatedparties | 7,397,162,611.22 | 77.09 | 7,397,162,611.22 | ||
| Subtotalofportfolio | 7,479,143,680.56 | 77.95 | 51,499,194.43 | 0.69 | 7,427,644,486.13 |
| Total | 9,594,611,782.62 | 100.00 | 2,009,722,495.82 | 20.95 | 7,584,889,286.80 |
(Continued)
| Category | Openingbalance | ||||
| Bookbalance | Provisionforbaddebts | Carryingvalue | |||
| Amount | Proportion(%) | Amount | Provisionpercentage(%) | ||
| Otherreceivablesofexpectedcreditlossessetasidebysingleitem | 2,110,298,248.95 | 22.08 | 1,958,251,651.39 | 92.80 | 152,046,597.56 |
| Otherreceivablesofprovisionforbaddebtssetasidebycreditriskcharacteristicportfolio: | |||||
| Agingportfolio | 84,338,231.39 | 0.88 | 32,163,233.75 | 38.14 | 52,174,997.64 |
| Low-risk | 16,543,239.09 | 0.17 | 6,982,191.21 | 42.21 | 9,561,047.88 |
| Category | Openingbalance | ||||
| Bookbalance | Provisionforbaddebts | Carryingvalue | |||
| Amount | Proportion(%) | Amount | Provisionpercentage(%) | ||
| portfolio | |||||
| Groupingofrelatedparties | 7,347,206,218.73 | 76.87 | 7,347,206,218.73 | ||
| Subtotalofportfolio | 7,448,087,689.21 | 77.92 | 39,145,424.96 | 0.53 | 7,408,942,264.25 |
| Total | 9,558,385,938.16 | 100.00 | 1,997,397,076.35 | 20.90 | 7,560,988,861.81 |
1）Provisionsetasideforbaddebtsofotherreceivablesbythegeneralexpectedcreditlossmodel
| Provisionforbaddebts | PhaseI | PhaseII | PhaseIII | Total |
| Expectedcreditlossforthenext12months | Expectedcreditlossduringthewholeoutstandingmaturity(withoutcreditimpairment) | Expectedcreditlossduringthewholeoutstandingmaturity(withcreditimpairment) | ||
| Balanceasof1January2024 | 841,697.01 | 38,303,727.95 | 1,958,251,651.39 | 1,997,397,076.35 |
| Balanceasof1January2024inthecurrentyear | -294,559.25 | 294,559.25 | ||
| --TransferredtoPhaseII | -294,559.25 | 294,559.25 | ||
| --TransferredtoPhaseIII | ||||
| --ReclassifiedunderPhaseII | ||||
| --ReclassifiedunderPhaseI | ||||
| Provisioninthecurrentperiod | 12,698,964.19 | 12,698,964.19 | ||
| Recoveryinthecurrentperiod | 345,203.80 | 28,350.00 | 373,553.80 | |
| Charge-offinthecurrentperiod | ||||
| Write-offinthecurrentperiod | ||||
| Otherchanges | 9.08 | 9.08 | ||
| Balanceasat30June2024 | 201,933.96 | 51,297,260.47 | 1,958,223,301.39 | 2,009,722,495.82 |
Note:Thefirststageisthatcreditriskhasnotincreasedsignificantlysinceinitialrecognition.Forotherreceivableswithanagingportfolioandalow-riskportfoliowithinoneyear,thelossprovisionismeasuredaccordingtotheexpectedcreditlossesinthenext12months.Thesecondstageisthatcreditriskhasincreasedsignificantlysinceinitialrecognitionbutcreditimpairmenthasnotyetoccurred.Forotherreceivableswithanagingportfolioandalow-riskportfoliothatexceedoneyear,thelossprovisionismeasuredbasedontheexpectedcreditlossesfortheentireduration.Thethirdstageisthecreditimpairmentafterinitialconfirmation.Forotherreceivablesofcreditimpairmentthathaveoccurred,thelossprovisionismeasuredaccordingtothecreditlossesthathaveoccurredthroughouttheduration.
（4）Provisionforbaddebtsofotherreceivablessetaside,recoveredorreclassifiedinthecurrentperiodTheamountofprovisionforbaddebtsinthecurrentperiodwasRMB12,325,410.39.
（5）Otherreceivablesactuallywrittenoffinthecurrentperiod
Therewerenootherreceivablesactuallywrittenoffinthecurrentperiod.
（6）Otherreceivableswithtopfiveyear-endbalancescategorisedbydebtorsThetotalamountofotherreceivableswithtopfiveclosingbalancecategorisedbydebtorsinthecurrentperiodwasRMB6,558,102,802.54,accountingfor68.35%ofthetotalclosingbalanceofotherreceivables.ThetotalclosingbalanceofprovisionforbaddebtscorrespondinglysetasidewasRMB1,744,736,434.49.
3.Long-termequityinvestment
| Item | Closingbalance | Openingbalance | ||||
| Bookbalance | Provisionforimpairment | Carryingvalue | Bookbalance | Provisionforimpairment | Carryingvalue | |
| Investmentinsubsidiaries | 7,068,025,423.98 | 689,680,000.00 | 6,378,345,423.98 | 7,156,825,933.98 | 781,480,000.00 | 6,375,345,933.98 |
| Investmentinassociatedenterprisesandjointventures | 2,347,583,606.04 | 393,554,900.04 | 1,954,028,706.00 | 2,279,596,484.20 | 301,754,900.04 | 1,977,841,584.16 |
| Total | 9,415,609,030.02 | 1,083,234,900.04 | 8,332,374,129.98 | 9,436,422,418.18 | 1,083,234,900.04 | 8,353,187,518.14 |
（1）Investmentinsubsidiaries
| Investee | Openingbalance | Increaseinthecurrentperiod | Decreaseinthecurrentperiod | Closingbalance | Impairmentprovisionsetasideinthecurrentperiod | Closingbalanceoftheprovisionforimpairment |
| KonkaVentures | 2,550,000.00 | 2,550,000.00 | ||||
| AnhuiKonka | 122,780,937.98 | 122,780,937.98 | ||||
| KonkaElectronicMaterials | 300,000,000.00 | 300,000,000.00 | ||||
| KonkaUnifortune | 15,300,000.00 | 15,300,000.00 | ||||
| Wankaida | 10,000,000.00 | 10,000,000.00 | ||||
| DongguanKonka | 274,783,988.91 | 274,783,988.91 | ||||
| KonkaEurope | 3,637,470.00 | 3,637,470.00 | ||||
| TelecommunicationTechnology | 360,000,000.00 | 360,000,000.00 | ||||
| MobileInterconnection | 100,000,000.00 | 100,000,000.00 | ||||
| AnhuiTongchuang | 779,702,612.22 | 779,702,612.22 | ||||
| Kangjiat | 30,749,800.00 | 30,749,800.00 |
| Investee | Openingbalance | Increaseinthecurrentperiod | Decreaseinthecurrentperiod | Closingbalance | Impairmentprovisionsetasideinthecurrentperiod | Closingbalanceoftheprovisionforimpairment |
| ong | ||||||
| PengrunTechnology | 25,500,000.00 | 25,500,000.00 | ||||
| BeijingKonkaElectronic | 200,000,000.00 | 200,000,000.00 | ||||
| KonkaCircuit | 437,050,000.00 | 13,000,000.00 | 450,050,000.00 | |||
| HongKongKonka | 781,828.61 | 781,828.61 | ||||
| KonkaInvestment | 500,000,000.00 | 500,000,000.00 | ||||
| ElectronicsTechnology | 1,000,000,000.00 | 1,000,000,000.00 | ||||
| ShanghaiKonka | 40,000,000.00 | 40,000,000.00 | ||||
| JiangxiKonka | 689,680,000.00 | |||||
| ShenzhenNianhua | 30,000,000.00 | 30,000,000.00 | ||||
| ShenzhenKONSEMI | 100,000,000.00 | 100,000,000.00 | ||||
| KonkaEco-Development | 50,000.00 | 50,000.00 |
| Investee | Openingbalance | Increaseinthecurrentperiod | Decreaseinthecurrentperiod | Closingbalance | Impairmentprovisionsetasideinthecurrentperiod | Closingbalanceoftheprovisionforimpairment |
| SuiningKonkaIndustrialPark | 200,000,000.00 | 200,000,000.00 | ||||
| KonkaRonghe | 5,100,000.00 | 5,100,000.00 | ||||
| SuiningElectronicTechnologicalInnovation | 200,000,000.00 | 200,000,000.00 | ||||
| ShenzhenChuangzhiElectricalAppliances | 10,000,000.00 | 10,000,000.00 | ||||
| ChongqingKonkaOptoelectronicTechnology | 933,333,333.33 | 933,333,333.33 | ||||
| KowinMemory(Shenzhen) | 192,520,000.00 | 192,520,000.00 | ||||
| NingboKanghrElectricalAppliance | 90,000,000.00 | 90,000,000.00 | ||||
| KonkaIntelligentManufac | 510.00 | 510.00 |
| Investee | Openingbalance | Increaseinthecurrentperiod | Decreaseinthecurrentperiod | Closingbalance | Impairmentprovisionsetasideinthecurrentperiod | Closingbalanceoftheprovisionforimpairment |
| turing | ||||||
| SuiningJiarunProperty | 10,000,000.00 | 10,000,000.00 | ||||
| YibinKangrun | 67,000,000.00 | 67,000,000.00 | ||||
| HainanKonkaMaterialTechnology | 9,205,452.93 | 9,205,452.93 | ||||
| KonkaCross-border(Hebei) | 50,000,000.00 | 50,000,000.00 | ||||
| KonkaHuazhong | 30,000,000.00 | 30,000,000.00 | ||||
| GuizhouKangguiMaterialTechnology | 28,000,000.00 | 28,000,000.00 | ||||
| NantongKanghai | 15,300,000.00 | 15,300,000.00 | ||||
| JiangxiKonkaHigh-techPark | 50,000,000.00 | 50,000,000.00 | ||||
| ShangraoKonkaElectronicTechnologyInnovation | 30,000,000.00 | 30,000,000.00 |
| Investee | Openingbalance | Increaseinthecurrentperiod | Decreaseinthecurrentperiod | Closingbalance | Impairmentprovisionsetasideinthecurrentperiod | Closingbalanceoftheprovisionforimpairment |
| Xi'anKanghongTechnologyIndustry | 12,000,000.00 | 12,000,000.00 | ||||
| Xi'anKonkaIntelligentTechnology | 50,000,000.00 | 50,000,000.00 | ||||
| SongyangKonkaIntelligent | 30,000,000.00 | 30,000,000.00 | ||||
| KonkaNorthChina | 30,000,000.00 | 30,000,000.00 | ||||
| Total | 6,375,345,933.98 | 13,000,000.00 | 10,000,510.00 | 6,378,345,423.98 | 689,680,000.00 |
（2）Investmentinassociatedenterprisesandjointventures
| Investee | Balanceasattheendoflastperiod | Changesinthecurrentperiod | |||
| Increaseintheinvestment | Decreaseintheinvestment | Profitorlossofinvestmentrecognisedbytheequitymethod | Changesinothercomprehensiveincome | ||
| AnhuiKaikaiShijieE-commerceCo.,Ltd. | 17,493,847.46 | -5,828,645.96 | |||
| KunshanKangshengInvestmentDevelopmentCo.,Ltd. | 112,914,774.51 | -3,336,356.30 | |||
| ShanxiSilkRoadCloudIntelligentTechCo.,Ltd. | 5,187,588.48 | -669,600.90 | |||
| ShenzhenKanghongxingIntelligentTechnologyCo.,Ltd. | |||||
| ShenzhenZhongkangBeidou | |||||
| Investee | Balanceasattheendoflastperiod | Changesinthecurrentperiod | |||
| Increaseintheinvestment | Decreaseintheinvestment | Profitorlossofinvestmentrecognisedbytheequitymethod | Changesinothercomprehensiveincome | ||
| TechnologyCo.,Ltd. | |||||
| ShenzhenKangjiaJiapinIntelligentElectricalApparatusTechnologyCo.,Ltd. | 7,090,590.47 | -480,528.54 | |||
| ShenzhenYaodeTechnologyCo.,Ltd. | |||||
| WuhanTianyuanEnvironmentalProtectionCo.,Ltd. | 512,729,351.11 | 17,245,673.07 | |||
| ShenzhenKONKAE-displayCo.,Ltd. | 15,355,334.74 | 1,799,918.18 | |||
| ChuzhouKonkaTechnologyIndustryDevelopmentCo.,Ltd. | |||||
| ChuzhouKangjinHealthIndustrialDevelopmentCo.,Ltd. | 136,166,304.62 | -3,469,664.26 | |||
| NantongKangjianTechnologyIndustrialParkOperationsandManagementCo.,Ltd. | 5,625,680.96 | ||||
| ShenzhenKangyueEnterpriseCo.,Ltd. | |||||
| DongguanGuankangYuhongInvestmentCo.,Ltd. | |||||
| ChongqingYuanlvBenpaoRealEstateCo.,Ltd. | |||||
| ChuzhouKangxinHealthIndustryDevelopmentCo.,Ltd. | 8,277,052.29 | -1,100,714.21 | |||
| E3info(Hainan)TechnologyCo.,Ltd. | 8,574,609.73 | ||||
| ShenzhenKangpengDigitalTechnologyCo.,Ltd. | 1,770,021.01 | -345,320.82 | |||
| YantaiKangyunIndustrialDevelopmentCo.,Ltd. | |||||
| ShandongEconTechnologyCo.,Ltd. | 928,660,408.13 | ||||
| Investee | Balanceasattheendoflastperiod | Changesinthecurrentperiod | |||
| Increaseintheinvestment | Decreaseintheinvestment | Profitorlossofinvestmentrecognisedbytheequitymethod | Changesinothercomprehensiveincome | ||
| DongguanKangjiaNewMaterialsTechnologyCo.,Ltd. | 3,856,971.32 | 2,886.15 | |||
| ChongqingE2infoTechnologyCo.,Ltd. | 185,922,140.28 | 6,320,936.88 | |||
| SichuanChengruiRealEstateCo.,Ltd. | |||||
| WuhanKangtangInformationTechnologyCo.,Ltd. | 25,757,222.60 | -848,227.42 | |||
| SichuanHongxinchenRealEstateDevelopmentCo.,Ltd. | 2,459,686.45 | ||||
| KonkaHuanjiaEnvironmentalTechnologyCo.,Ltd. | |||||
| Total | 1,977,841,584.16 | 9,290,355.87 | |||
(Continued)
| Investee | Changesinthecurrentperiod | Closingbalance | Endingbalanceofdepreciationreserve | |||
| Changesinotherequities | Cashdividendsorprofitsdeclaredtobedistributed | Provisionsetasideforimpairment | Others | (Carryingvalue) | ||
| AnhuiKaikaiShijieE-commerceCo.,Ltd. | 11,665,201.50 | |||||
| KunshanKangshengInvestmentDevelopmentCo.,Ltd. | 7,350,000.00 | 102,228,418.21 | ||||
| ShanxiSilkRoadCloudIntelligentTechCo.,Ltd. | 4,517,987.58 | |||||
| ShenzhenKanghongxingIntelligentTechnologyCo.,Ltd. | 5,158,909.06 | |||||
| ShenzhenZhongkangBeidouTechnologyCo.,Ltd. | ||||||
| ShenzhenKangjiaJiapinIntelligentElectricalApparatusTechnologyCo.,Ltd. | 6,610,061.93 | |||||
| Investee | Changesinthecurrentperiod | Closingbalance | Endingbalanceofdepreciationreserve | |||
| Changesinotherequities | Cashdividendsorprofitsdeclaredtobedistributed | Provisionsetasideforimpairment | Others | (Carryingvalue) | ||
| ShenzhenYaodeTechnologyCo.,Ltd. | 214,559,469.35 | |||||
| WuhanTianyuanEnvironmentalProtectionCo.,Ltd. | -11,288,034.03 | 10,465,200.00 | 508,221,790.15 | |||
| ShenzhenKONKAE-displayCo.,Ltd. | 17,155,252.92 | |||||
| ChuzhouKonkaTechnologyIndustryDevelopmentCo.,Ltd. | ||||||
| ChuzhouKangjinHealthIndustrialDevelopmentCo.,Ltd. | 132,696,640.36 | |||||
| NantongKangjianTechnologyIndustrialParkOperationsandManagementCo.,Ltd. | 5,625,680.96 | |||||
| ShenzhenKangyueEnterpriseCo.,Ltd. | 230,011.61 | |||||
| DongguanGuankangYuhongInvestmentCo.,Ltd. | ||||||
| ChongqingYuanlvBenpaoRealEstateCo.,Ltd. | ||||||
| ChuzhouKangxinHealthIndustryDevelopmentCo.,Ltd. | 7,176,338.08 | |||||
| E3info(Hainan)TechnologyCo.,Ltd. | 4,000,000.00 | 4,574,609.73 | ||||
| ShenzhenKangpengDigitalTechnologyCo.,Ltd. | 1,424,700.19 | |||||
| YantaiKangyunIndustrialDevelopmentCo.,Ltd. | ||||||
| ShandongEconTechnologyCo.,Ltd. | 928,660,408.13 | 81,806,510.02 | ||||
| DongguanKangjiaNewMaterialsTechnologyCo., | 3,859,857.47 | |||||
| Investee | Changesinthecurrentperiod | Closingbalance | Endingbalanceofdepreciationreserve | |||
| Changesinotherequities | Cashdividendsorprofitsdeclaredtobedistributed | Provisionsetasideforimpairment | Others | (Carryingvalue) | ||
| Ltd. | ||||||
| ChongqingE2infoTechnologyCo.,Ltd. | 192,243,077.16 | |||||
| SichuanChengruiRealEstateCo.,Ltd. | ||||||
| WuhanKangtangInformationTechnologyCo.,Ltd. | 24,908,995.18 | |||||
| SichuanHongxinchenRealEstateDevelopmentCo.,Ltd. | 2,459,686.45 | |||||
| KonkaHuanjiaEnvironmentalTechnologyCo.,Ltd. | 91,800,000.00 | |||||
| Total | -11,288,034.03 | 21,815,200.00 | 1,954,028,706.00 | 393,554,900.04 | ||
4.Operatingrevenueandcostofsales
（1）Operatingincomeandoperatingcosts
| Item | Amountincurredinthecurrentperiod | Amountincurredlastperiod | ||
| Income | Cost | Income | Cost | |
| Principalbusiness | 840,712,402.51 | 880,759,443.78 | 588,736,212.10 | 651,086,329.20 |
| Otherbusiness | 74,623,388.01 | 29,020,937.18 | 82,606,260.87 | 31,456,950.98 |
| Total | 915,335,790.52 | 909,780,380.96 | 671,342,472.97 | 682,543,280.18 |
（2）InformationinrelationtothetradepriceapportionedtotheresidualcontractperformanceobligationTheamountofrevenuecorrespondingtoperformanceobligationsthathavebeencontractedbuthavenotyetbeenfulfilledorcompletedattheendoftheperiodisRMB2,522,999.28,ofwhichRMB2,522,999.28isexpectedtoberecognisedasrevenuein2024.
5.Investmentincome
| Item | Amountincurredinthecurrentperiod | Amountincurredlastperiod |
| Item | Amountincurredinthecurrentperiod | Amountincurredlastperiod |
| Returnsonlong-termequityinvestmentscalculatedbytheequitymethod | 9,290,355.87 | -17,573,675.23 |
| Returnoninvestmentarisingfromthedisposaloflong-termequityinvestments | 16,490,883.27 | 182,495,426.59 |
| Conversionoflong-termequityinvestmentsaccountedforbytheequitymethodtofinancialassets | 574,780,174.75 | |
| Investmentincomefromdisposaloffinancialassetsatfairvaluethroughprofitorloss | 11,456.91 | -3,794,910.98 |
| Interestincomefromdebtinvestmentsduringtheholdingperiod | 2,140,000.00 | 3,622,191.78 |
| Returnoninvestmentinthefinancialassetsheldfortradingduringtheholdingperiod | 4,240,444.62 | 9,383,976.00 |
| Others | -152,872.14 | 500,000.00 |
| Total | 32,020,268.53 | 749,413,182.91 |
XVIII.SupplementaryMaterialstotheFinancialStatements
1.Itemsandamountsofnon-recurringprofitorlossinthecurrentperiod
| Item | Amountofcurrentperiod | Notes |
| Profitorlossesondisposalofnon-currentassets(includingtheportionoffsetforprovisionsforassetimpairment) | 837,373.68 | |
| Governmentsubsidiesincludedinprofitandlossofthecurrentperiod(exceptforgovernmentsubsidiesthatarecloselyrelatedtotheCompany'snormalbusinessoperation,complywithnationalpoliciesandareenjoyedinaccordancewithdefinedcriteria,andhaveacontinuingimpactontheCompany'sprofitorloss) | 55,171,603.63 | |
| Profitorlossesfromchangesinfairvalueoffinancialassetsandliabilitiesheldbynon-financialcorporationsandprofitorlossesfromthedisposaloffinancialassetsandliabilities,exceptforeffectivehedgingoperationsrelatedtotheCompany'snormalbusinessoperations | -165,919,193.12 | |
| Dispossessionsurchargetonon-financialinstitutionsincludedinthecurrentprofitandloss | ||
| Gain/Lossonentrustingotherswithinvestmentsorassetmanagement | ||
| Gain/lossonentrustmentloans | 63,154,861.04 | |
| Lossesonassetsresultedfromforcemajeurefactorssuchasnaturaldisasters |
| Item | Amountofcurrentperiod | Notes |
| Reclassificationofimpairmentlossallowancesofreceivablesseparatelytestedforimpairment | ||
| Profitsarisingfrombusinesscombinationwhenthecombinedcostislessthantherecognisedfairvalueofnetassetsofthemergedcompany | ||
| Currentnetprofitorlossofsubsidiariesacquiredinbusinesscombinationunderthesamecontrolfromperiod-beginningtocombinationdate | ||
| Profit/Lossonnon-monetaryassetswap | ||
| Profit/Lossondebtrestructuring | ||
| One-timecostsincurredbyanenterpriseasaresultofthediscontinuationofarelatedoperatingactivity,suchasexpensesforrelocatingemployees | ||
| One-timeimpactonprofitorlossforthecurrentperiodduetoadjustmentsintax,accountingandotherlawsandregulations | ||
| One-timerecognitionofshare-basedpaymentexpenseduetocancellationandmodificationofequityincentiveplans | ||
| Cash-settledshare-basedpayments,profitorlossesarisingfromchangesinthefairvalueofemployeecompensationpayableafterthedateofexercisability | ||
| Gain/lossonchangeinfairvalueofinvestmentpropertyofwhichthefollow-upmeasurementiscarriedoutadoptingfairvaluemethod | ||
| Incomefromtransactionsatsignificantlyunfairprices | ||
| ProfitandlossesarisingfromcontingenciesunrelatedtothenormaloperationoftheCompany'sbusiness | ||
| Custodianfeesearnedfromentrustedoperation | ||
| Non-operatingincomeandexpensesotherthanthoselistedabove | 11,832,131.66 | |
| Otherprofitandlossitemsinlinewiththedefinitionofnon-recurringgainsandlosses | 30,000,710.67 | |
| Subtotal | -4,922,512.44 | |
| Less:Incometaxeffect | -29,890,840.20 | |
| Effectofminorityshareholders'equities(aftertax) | 9,471,559.59 | |
| Total | 15,496,768.17 | — |
(1)Specificinformationonotherprofitandlossitemsthatmeetthedefinitionofnonrecurringgainsand
losses:
| Item | Amount | Reasons |
| Reversalofexcesslossesrecognizedinpreviousperiods | 31,971,388.49 | InMarch2024,oneoftheCompany’sholdingsubsidiariesinDalianenteredintobankruptcyandliquidationproceedingspursuanttoacourtdecision,andhasbeentakenoverbyacourt-appointedbankruptcyandliquidationadministratortotakeovertherelevantinformationandphysicalobjects,andtheCompanynolongercontrolsthiscompany,andthereforeithasreversedtheexcesslossesrecognizedinpreviousperiods. |
| Derecognitionofrevenueforfinancialassetsmeasuredatamortizedcosts | -1,970,677.82 | Derecognitionofrevenuefornotesreceivable |
(2)TheCompanyrecognisesitemsthatarenotlistedintheExplanatoryAnnouncementNo.1onInformationDisclosurebyCompaniesOfferingSecuritiestothePublic--Non-recurringProfitorLoss(Revisedin2023)asnon-recurringprofitorlossitems,andthoseinvolvingsignificantmountsaswellasthenon-recurringprofitorlossitemslistedasrecurringprofitorlossitems
| Item | Amount | Reasons |
| Softwaretaxrefund | 1,596,783.94 | Governmentsubsidieswhicharecloselyrelatedtothenormalbusinessofthecompanyandwhichareinaccordancewithnationalpoliciesandcertainstandardquotaorquantitativeamount |
2.Returnonnetassetsandearningspershare
| ProfitfortheReportingPeriod | WeightedaverageWeightedaveragereturnonnetassets(%) | EPS(RMB/share) | |
| Basicearningspershare | Dilutedearningspershare | ||
| NetprofitattributabletoordinaryshareholdersoftheCompanyastheParent | -21.33 | -0.4517 | -0.4517 |
| NetprofitattributabletoordinaryshareholdersoftheCompanyastheParentbeforeexceptionalgainsandlosses | -21.64 | -0.4581 | -0.4581 |
TheBoardofDirectorsKonkaGroupCo.,Ltd.
31August2024