Dongxu Optoelectronic Technology Co., Ltd. The First Quarterly Report 2017
Dongxu Optoelectronic Technology Co., Ltd.
The First Quarterly Report 2017
April 2017
Dongxu Optoelectronic Technology Co., Ltd. The First Quarterly Report 2017
I. Important Notice
The Board of Directors ,Supervisory Committee, all directors, supervisors and senior executives of the Company
hereby guarantees that there are no misstatement, misleading representation or important omissions in this report
and shall assume joint and several liability for the authenticity, accuracy and completeness of the contents hereof.
All of the directors presented the board meeting at which this Quarterly Report was examined.
Mr. Li Zhaoting, The Company leader, Mr.Huang Jinliang, Chief financial officer and the Mr.Gao Feipeng, the
person in charge of the accounting department (the person in charge of the accounting )declare: the financial
report carried in this report is authentic and completed
Dongxu Optoelectronic Technology Co., Ltd. The First Quarterly Report 2017
II. Basic information about the company
I.Main financial data and financial index
Whether it has retroactive adjustment or re-statement on previous accounting data for accounting policy changed
and accounting error correction or not.
□ Yes √ No
Changes of this period over
This period Same period of last year
same period of last year
Operating income（RMB） 2,169,628,215.08 1,581,690,834.17 37.17%
Net profit attributable to the shareholders
392,782,644.51 347,750,532.74 12.95%
of the listed company（RMB）
Net profit after deducting of non-recurring
gain/loss attributable to the shareholders of 290,972,061.96 269,369,501.10 8.02%
listed company（RMB）
Cash flow generated by business operation,
-832,363,127.03 -934,819,444.05 -10.96%
net（RMB）
Basic earning per share(RMB/Share) 0.08 0.09 -11.11%
Diluted gains per
0.08 0.09 -11.11%
share(RMB/Share)(RMB/Share)
Weighted average return on equity（%） 1.75% 2.40% -0.65%
Changes of this period-end
End of this period End of last period over same period-end of last
year(%)
Gross assets（RMB） 47,651,364,079.28 46,826,319,570.41 1.76%
Net assets attributable to the shareholders
22,609,481,410.37 22,216,300,365.86 1.77%
of the listed company（RMB）
Items and amount of non-current gains and losses
√ Applicable □ Not applicable
In RMB
Amount (Year-beginning to the
Items Notes
end of the report period.)
Govemment subsidy recognized in current gain and loss(excluding those
closely related to the Company’s business and granted under the state’s 143,037,216.39
policies)
Dongxu Optoelectronic Technology Co., Ltd. The First Quarterly Report 2017
Gain/loss on loans obtained by entrusting others 1,613,345.11
Other non-operating income and expenditure beside for the above items 148,672.05
Less: Influenced amount of income tax 25,370,571.30
Amount of influence of minority interests（After tax） 17,618,079.70
Total 101,810,582.55 --
For the Company’s non-recurring gain/loss items as defined in the Explanatory Announcement No.1 on
information disclosure for Companies Offering their Securities to the Public-Non-recurring Gains and Losses and
its non-recurring gain/loss items as illustrated in the Explanatory Announcement No.1 on information Disclosure
for Companies offering their securities to the public-non-recurring Gains and losses which have been defined as
recurring gains and losses, it is necessary to explain the reason.
□ Applicable√ Not applicable
None of Non-recurring gain /loss items recognized as recurring gain /loss/items as defined by the information
disclosure explanatory Announcement No.1- Non –recurring gain/loss in the report period.
II.Total Shareholders and Shares Held by Top Ten Shareholders at the End of the Reporting Period
1. About Total Common Shareholders, Total Preference Shareholders with the Voting Power Recovered
and the Shares Held by Top Ten Common Shareholders
In shares
Total number of common 370,545(including 353,006 shareholders Total preference shareholders with the
shareholders at the holding A shares and 17,539 shareholders voting power recovered at the end of the
period-end holding B shares) reporting period(if any)
Shares held by the top 10 shareholders
Amount of Pledging or freezing
Properties of Share tradable shares
Shareholder name Quantity Status of the
shareholder proportion % with Conditional Quantity
shares
held
Domestic Non
Dongxu Group -State-owned 11.32% 558,968,800 Pledge 558,962,697
legal person
Domestic Non
Shijiazhuang Baoshi Electronic
-State-owned 6.73% 332,382,171 Pledge 153,520,000
Group Co., Ltd.
legal person
China Fund Management Co.,
Ltd.－Huaxia Bank－TTCO
Trust Co., Ltd.－TTCO Trust Other 4.51% 222,575,516
Co., Ltd.－Shunjing No.5
Single capital trust
Minsheng Royal Fund
Management Co., Ltd.-Ping An Other 3.71% 183,284,457
Bank-Ping An Trust-Ping An
Dongxu Optoelectronic Technology Co., Ltd. The First Quarterly Report 2017
Wealth* Huitai No.163 Single
Fund Trust
Sws Mu Fund Management
Co.,Ltd.－China Merchants
Bank－Huarun Shen State
Other 2.25% 111,287,758
investment trust－Ruihua
increase funds No. 2
Collective capital trust plan
Penghua Fund－Ningbo Bank
－Daye Trust－Daye
TrustDongxu Optoelectronic Other 2.25% 111,287,758
increase funds II Single fund
trust
STAS Asset Management－
Ningbo Bank－Minsheng Trust
－China Minsheng TrustZhixin
Other 2.25% 111,287,758
No.208 Dongxu Optoelectronic
increase collective fund trust
plan
Domestic Non
Shenzhen Taianer Information
-State-owned 2.24% 110,492,845 Pledge 32,000,000
Technology Co., Ltd.
legal person
Domestic Non
Qianhai Equity Investment
-State-owned 2.24% 110,492,845 Pledge 110,492,845
Fund（LP）
legal person
Nuoan Fund－Xingye
Securities－Nanjing Shuangan Other 2.24% 110,492,845
Assets Management Co., Ltd.
Shares held by the Top 10 Shareholders of Non-restricted shares
Number of the non-restricted Share type
Shareholders’ Names
shares held Share type Quantity
RMB Common
Shijiazhuang Baoshi Electronic Group Co., Ltd. 332,382,171 332,382,171
shares
Minsheng Royal Fund Management Co., Ltd.-Ping An
RMB Common
Bank-Ping An Trust-Ping An Wealth* Huitai No.163 Single 183,284,457 183,284,457
shares
Fund Trust
RMB Common
Dongxu Group 119,086,103 119,086,103
shares
HuaAn Future Asset-ICBC-No.1 Asset Management Plan of RMB Common
96,774,193 96,774,193
Dongxu Optoelectronic’s Private Placement shares
Dongxu Optoelectronic Technology Co., Ltd. The First Quarterly Report 2017
Bosera Capital-Ping An Bank- Ping An Trust-Ping An RMB Common
83,610,154 83,610,154
Wealth* Huitai No.164 Single Fund Trust shares
Bosera Capital-Ping An Bank- Ping An Trust-Ping An RMB Common
34,078,650 34,078,650
Wealth* Huitai No.164 Single Fund Trust shares
RMB Common
Huijin Asset Management Co., Ltd. 24,205,500 24,205,500
shares
RMB Common
Xie Xiantuan 17,044,700 17,044,700
shares
Foreign shares
placed in
Cuiyi International Marble Co., Ltd. 6,693,699 6,693,699
domestic
exchange
RMB Common
China Securities Finance Co., Ltd. 6,380,178 6,380,178
shares
Among the shareholders , Dongxu Group and Baoshi Group have
relationship and constitute persons taking concerted action. The
Explanation on shareholders participating in the margin company does not know whether there is relationship between other
trading business shareholders or whether they are persons taking concerted action
defined in Administrative Measures Relating to Acquisitions of
Listed Companies.
The natural persons in the top ten Non-restricted common
Participation of top 10 unconditional common share stockholders Xie Xiantuan holds 15,688.700 shares through stock
shareholders in securities margin trading (if any) account with credit transaction and guarantee of Huatai Securities
Co., Ltd., taking 0.32% of the total shares in the company.
Whether top ten common shareholders or top ten common shareholders with un-restrict shares held have a
buy-back agreement dealing in reporting period.
□ Yes √ No
The top ten common shareholders or top ten common shareholders with un-restrict shares held of the Company
have no buy –back agreement dealing in reporting period.
2.Total number of preferred shareholders and shareholding of top 10 preferred shareholders by the end of
the report period
□ Applicable √Not applicable
Dongxu Optoelectronic Technology Co., Ltd. The First Quarterly Report 2017
III Significant Events
I. Major changes of main accounting statement items and financial indicators in the reporting period, as
well as reasons for the changes
√ Applicable □ Not applicable
This period Same period of last Increase/
Financial index Main reason for change
（RMB） year（RMB） decrease
Mainly due to the maturity of the
Notes receivable 34,770,496.61 55,340,287.95 -37.17%
notes due.
Mainly due to the increase in purchasi
Prepayments 2,196,690,299.68 862,432,895.10 154.71%
ng stockings for business growth
Other account Mainly due to the increase in bid
381,737,647.00 186,071,085.24 105.16%
receivable bond.
Long-term equity Mainly due to increase in equity
492,115,861.67 72,354,803.70 580.14%
investment investment.
Construction in process 2,482,099,182.83 1,772,629,310.84 40.02% Mainly due to the construction line.
Mainly due to the carrying out of
Engineering material - 304,468.05 -100.00%
engineering materials.
Mainly due to advance construction
Other non-current assets 204,077,242.49 387,151,100.41 -47.29% projects transferred to construction in
progress.
Notes payable 218,575,592.00 393,136,676.05 -44.40% Mainly due to the payment due.
Mainly due to the increase in advance
Advance payment 1,031,020,944.43 414,078,061.38 148.99%
payment
Mainly due to the increase in the size
Interest payable 150,385,512.24 81,610,513.91 84.27% of the financing caused by the
increase in interest increase in interest
Mainly dividends due to the current
Dividend payable - 30,000,000.00 -100.00%
payment due.
Mainly due to increase market
Business income 2,169,628,215.08 1,581,690,834.17 37.17% development efforts to bring income
increased
Mainly due to an increase in the
Business cost 1,492,560,110.09 1,052,404,374.82 41.82%
corresponding increase in income.
Mainly due to the increase in
Financial expenses 162,325,432.04 50,573,117.41 220.97%
financial fees due to the vote.
Mainly due to the recovery of some
Asset impairment loss -545,763.05 406,342.06 -234.31%
of the current bad debts.
Mainly due to the recognition of the
Investment income -1,038,942.03 -219,626.96 373.05%
investment income of associates.
Non-operational income 143,411,376.32 95,857,790.53 49.61% Mainly due to the increase in
Dongxu Optoelectronic Technology Co., Ltd. The First Quarterly Report 2017
government subsidies received.
Net cash flow arising Mainly due to the construction of the
from investment -937,650,599.60 -465,514,552.86 101.42% production line and increase the
activities investment of associates.
Mainly due to the increase in
Net cash flow arising
-64,865,997.36 -424,474,217.67 -84.72% borrowings and the increase in capital
from financing activities
of subsidiaries
II. The progress of significant events and influence, as well as the analysis and explanation on resolving
proposal.
√Applicable □Not applicable
1. On March 20, 2017, the Proposal about the Plan and its Summary of the company’s Share Issuance and
Paying Cash to Purchase the Asset and Raise Matching Funds and the Related Transaction (Revised) and the
relevant proposal were examined and approved in the eleventh meeting of the eighth session board of directors.
(For details, please see the relevant company’s announcements disclosed on http://www.cninfo.com.cn on March
21).
2. On March 24, 2017, the company received the Inquiry Letter about the Major Asset Restructuring of
Dongxu Optoelectronic Technology Co., Ltd (No.6- [2017] Permission-type Inquiry Letter about Restructuring)
issued by the management department of Shenzhen Stock Exchange. So the company has made the corresponding
supplement and perfection to the Plan of Dongxu Optoelectronic Technology Co., Ltd’s Share Issuance and
Paying Cash to Purchase the Asset and Raise Matching Funds and the Related Transaction and the relevant
documents. And on March 28, the company disclosed the reply for the Inquiry Letter and the
perfection-completed Dongxu Optoelectronic Technology Co., Ltd’s Share Issuance and Paying Cash to Purchase
the Asset and Raise Matching Funds and the Related Transaction (Revised) and the relevant supplementary
documents.
3. As of now, the company and the relevant intermediaries are actively promoting the audit, evaluation and
other work related to the restructuring. When the relevant work is completed, the company will held the board
meeting to deliberate the relevant matters of this major asset restructuring, which will be further submitted to the
general shareholders’ meeting for deliberation, then after the approval by the general shareholders’ meeting, it
will be reported to CSRC etc authoritative institution for approval. According to No.10 Guidance for Business
Handling of Listed Companies-Major Asset Restructuring and the relevant provisions of Shenzhen Stock
Exchange, the company will timely perform the subsequent approval procedures and the obligation of information
disclosure.
Description of the website for disclosing
Overview of material matters Date of disclosing
provisional announcement
Summary of the company’s Share Issuance and Paying
Cash to Purchase the Asset and Raise Matching Funds March 21,2017 http://www.cninfo.com.cn
and the Related Transaction
Summary of the company’s Share Issuance and Paying
Cash to Purchase the Asset and Raise Matching Funds March 28,2017 http://www.cninfo.com.cn
and the Related Transaction (Revised)
Dongxu Optoelectronic Technology Co., Ltd. The First Quarterly Report 2017
III. Commitments finished in implementation by the Company, shareholders, actual controller, acquirer,
directors, supervisors, senior executives or other related parties in the reporting period and commitments
unfinished in implementation at the end of the reporting period
□ Applicable √ Not applicable
The company has no commitments completed in period and those without completed till lend of the period from
actual controller, shareholders, related parties, purchaser and companies.
IV．Prediction of Business performance for January- June 2017
Estimation of accumulative net profit from the beginning of the year to the end of next report period to be loss
probably or the warning of its material change compared with the corresponding period of the last year and
explanation of reason.
□ Applicable √ Not applicable
V. Investment in securities
□ Applicable √ Not applicable
No securities investment in period.
VI. Investments in derivatives
□ Applicable √ Not applicable
There is no derivative investment during the report period.
VII. The registration form of acceptance of investigation, communication and interview in the report
period for future reference
□ Applicable √ Not applicable
The Period has no research, communication and written inquiry from the investors in the report period.
VIII. External guarantee get out of line
□ Applicable √Not applicable
The Company has no external guarantee get out of the line in the Period
IX. Controlling shareholder and its related parties occupying non-business capital of the listed company
□ Applicable √Not applicable
There are no controlling shareholder and its related parties occupying non-business capital of the listed company
in Period
Dongxu Optoelectronic Technology Co., Ltd. The First Quarterly Report 2017
IV. Financial Statement
I. Financial statement
1. Consolidated balance sheet
Prepared by：Dongxu Optoelectronic Technology Co., Ltd.
March 31,2017
In RMB
Items At the end of term Beginning of term
Current asset：
Monetary fund 24,179,709,619.79 26,056,117,216.86
Settlement provision
Outgoing call loan
Financial assets measured at fair value with
variations accounted into current income account
Derivative financial assets
Bill receivable 34,770,496.61 55,340,287.95
Account receivable 1,402,659,640.10 1,652,714,640.77
Prepayments 2,196,690,299.68 862,432,895.10
Insurance receivable
Reinsurance receivable
Provisions of Reinsurance contracts receivable
Interest receivable
Dividend receivable
Other account receivable 381,737,647.00 186,071,085.24
Repurchasing of financial assets
Inventories 3,377,577,211.05 2,688,967,436.27
Assets held for sales
Non-current asset due in 1 year
Other current asset 3,149,357,345.49 3,203,453,317.38
Total of current assets 34,722,502,259.72 34,705,096,879.57
Non-current assets：
Dongxu Optoelectronic Technology Co., Ltd. The First Quarterly Report 2017
Loans and payment on other’s behalf disbursed
Disposable financial asset
Expired investment in possess
Long-term receivable
Long term share equity investment 492,115,861.67 72,354,803.70
Property investment
Fixed assets 8,823,279,226.02 8,952,341,070.47
Construction in progress 2,482,099,182.83 1,772,629,310.84
Engineering material 304,468.05
Fixed asset disposal
Production physical assets
Gas & petrol
Intangible assets 573,860,526.28 578,194,545.68
R & D petrol
Goodwill 33,935,384.57 33,935,384.57
Long-germ expenses to be amortized 11,779,218.07 11,756,506.76
Deferred income tax asset 307,715,177.63 312,555,500.36
Other non-current asset 204,077,242.49 387,151,100.41
Total of non-current assets 12,928,861,819.56 12,121,222,690.84
Total of assets 47,651,364,079.28 46,826,319,570.41
Current liabilities
Short-term loans 5,120,160,795.48 4,940,816,200.13
Loan from Central Bank
Deposit received and hold for others
Call loan received
Financial liabilities measured at fair value with
variations accounted into current income account
Derivative financial liabilities
Bill payable 218,575,592.00 393,136,676.05
Account payable 1,020,947,159.86 1,165,418,491.73
Advance payment 1,031,020,944.43 414,078,061.38
Selling of repurchased financial assets
Fees and commissions receivable
Employees’ wage payable 38,235,603.09 42,851,392.30
Dongxu Optoelectronic Technology Co., Ltd. The First Quarterly Report 2017
Tax payable 195,846,397.32 224,310,530.71
Interest payable 150,385,512.24 81,610,513.91
Dividend payable 30,000,000.00
Other account payable 113,964,891.66 114,993,136.80
Reinsurance fee payable
Insurance contract provision
Entrusted trading of securities
Entrusted selling of securities
Liabilities held for sales
Non-current liability due in 1 year 1,463,303,072.23 1,618,589,512.42
Other current liability 82,791,544.65 85,535,473.05
Total of current liability 9,435,231,512.96 9,111,339,988.48
Non-current liabilities：
Long-term loan 6,661,139,049.99 6,596,159,000.00
Bond payable 5,656,200,882.00 5,653,912,494.73
Including：preferred stock
Sustainable debt
Long-term payable 1,436,148,668.94 1,514,308,568.67
Long-term payable employees’s remuneration
Special payable
Expected liabilities
Deferred income 359,740,447.77 380,949,662.27
Deferred income tax liability 407,355.23 413,257.79
Other non-current liabilities 500,000,000.00 500,000,000.00
Total non-current liabilities 14,613,636,403.93 14,645,742,983.46
Total of liability 24,048,867,916.89 23,757,082,971.94
Owners’ equity
Share capital 4,939,928,983.00 4,939,928,983.00
Other equity instrument
Including：preferred stock
Sustainable debt
Capital reserves 15,207,609,210.89 15,207,210,810.89
Less：Shares in stock 4,422,320.00 4,422,320.00
Other comprehensive income
Dongxu Optoelectronic Technology Co., Ltd. The First Quarterly Report 2017
Special reserves
Surplus reserves 188,044,070.48 188,044,070.48
Common risk provision
Undistributed profit 2,278,321,466.00 1,885,538,821.49
Total of owner’s equity belong to the parent company 22,609,481,410.37 22,216,300,365.86
Minority shareholders’ equity 993,014,752.02 852,936,232.61
Total of owners’ equity 23,602,496,162.39 23,069,236,598.47
Total of liabilities and owners’ equity 47,651,364,079.28 46,826,319,570.41
Legal Representative: Li Zhaoting Person in charge of accounting：Huang Jinliang Accounting Dept Leader: Gao Feipeng
2.Parent Company Balance Sheet
In RMB
Items Year-end balance Year-beginning balance
Current asset：
Monetary fund 11,296,266,230.86 16,951,756,537.76
Financial assets measured at fair value with variations
accounted into current income account
Derivative financial assets
Bill receivable 790,800.00 946,400.00
Account receivable 25,105,051.19 19,896,753.26
Prepayments 3,727,405.89 4,280,852.37
Interest receivable
Dividend receivable 570,000,000.00
Other account receivable 6,913,759,450.14 4,925,419,456.78
Inventories 480,521,676.71 500,254,494.97
Assets held for sales
Non-current asset due in 1 year
Other current asset 1,997,569,211.84 2,000,019,211.84
Total of current assets 20,717,739,826.63 24,972,573,706.98
Non-current assets：
Disposable financial asset
Expired investment in possess
Long-term receivable
Long term share equity investment 15,540,652,418.72 11,373,791,986.49
Dongxu Optoelectronic Technology Co., Ltd. The First Quarterly Report 2017
Property investment
Fixed assets 48,255,813.56 49,516,721.87
Construction in progress
Engineering material
Fixed asset disposal
Production physical assets
Gas & petrol
Intangible assets 9,867,728.90 9,951,171.11
R & D petrol
Goodwill
Long-germ expenses to be amortized
Differed income tax asset 3,712,603.85 3,712,603.85
Other non-current asset
Total of non-current assets 15,602,488,565.03 11,436,972,483.32
Total of assets 36,320,228,391.66 36,409,546,190.30
Current liabilities
Short-term loans 3,495,500,000.00 3,242,500,000.00
Financial liabilities measured at fair value with variations
accounted into current income account
Derivative financial liabilities
Bill payable 159,820,750.00
Account payable 147,097,068.96 147,012,816.26
Advance payment 1,450,587.90 10,587.90
Employees’ wage payable 3,698,829.66 3,700,741.68
Tax payable 23,855,398.98 20,970,299.00
Interest payable 142,871,638.05 72,569,720.24
Dividend payable
Other account payable 2,848,197,520.85 2,889,692,312.04
Liabilities held for sales
Non-current liability due in 1 year 230,000,000.00 400,005,000.00
Other current liability
Total of current liability 6,892,671,044.40 6,936,282,227.12
Non-current liabilities：
Long-term loan 2,972,216,666.66 2,887,600,000.00
Dongxu Optoelectronic Technology Co., Ltd. The First Quarterly Report 2017
Bond payable 5,656,200,882.00 5,653,912,494.73
Including：preferred stock
Sustainable debt
Long-term payable
Employees’ wage Long-term payable
Special payable
Expected liabilities
Differed income
Differed income tax liability
Other non-current liabilities
Total of Non-current liabilities 8,628,417,548.66 8,541,512,494.73
Total of liability 15,521,088,593.06 15,477,794,721.85
Owners’ equity
Share capital 4,939,928,983.00 4,939,928,983.00
Other equity instrument
Including：preferred stock
Sustainable debt
Capital reserves 15,130,590,136.27 15,130,191,736.27
Less：Shares in stock 4,422,320.00 4,422,320.00
Other comprehensive income
Special reserves
Surplus reserves 169,054,846.15 169,054,846.15
Undistributed profit 563,988,153.18 696,998,223.03
Total of owners’ equity 20,799,139,798.60 20,931,751,468.45
Total of liabilities and owners’ equity 36,320,228,391.66 36,409,546,190.30
3.Consolidated Income statement
In RMB
Items Amount in this period Amount in last period
I. Income from the key business 2,169,628,215.08 1,581,690,834.17
Incl：Business income 2,169,628,215.08 1,581,690,834.17
Interest income
Insurance fee earned
Dongxu Optoelectronic Technology Co., Ltd. The First Quarterly Report 2017
Fee and commission received
II. Total business cost 1,776,134,801.77 1,250,579,052.09
Incl：Business cost 1,492,560,110.09 1,052,404,374.82
Interest expense
Fee and commission paid
Insurance discharge payment
Net claim amount paid
Net amount provided as insurance contract reserves
Insurance policy dividend paid
Reinsurance expenses
Business tax and surcharge 16,241,789.34 15,952,780.71
Sales expense 13,183,661.54 13,736,690.70
Administrative expense 92,369,571.81 117,505,746.39
Financial expenses 162,325,432.04 50,573,117.41
Asset impairment loss -545,763.05 406,342.06
Add：Gains from change of fir value （“-”for loss）
Investment gain（“-”for loss） -1,038,942.03 -219,626.96
Incl: investment gains from affiliates -1,038,942.03
Gains from currency exchange（“-”for loss）
III. Operational profit（“-”for loss） 392,454,471.28 330,892,155.12
Add ：Non-operational income 143,411,376.32 95,857,790.53
Including：Income from disposal of non-current assets
Less：Non business expenses 225,487.88 6,257.47
Incl：Loss from disposal of non-current assets 1,872.47
IV.Total profit(“-”for loss) 535,640,359.72 426,743,688.18
Less：Income tax expenses 104,779,195.80 60,750,772.80
V. Net profit 430,861,163.92 365,992,915.38
Net profit attributable to the owners of parent company 392,782,644.51 347,750,532.74
Minority shareholders’ equity 38,078,519.41 18,242,382.64
VI. Other comprehensive income
Net of profit of other comprehensive income attributable to o
wners of the parent company.
（I）Other comprehensive income items that will not be
reclassified into gains/losses in the subsequent accounting
period
Dongxu Optoelectronic Technology Co., Ltd. The First Quarterly Report 2017
1.Re-measurement of defined benefit plans of changes in net
debt or net assets
2.Other comprehensive income under the equity method inves
tee can not be reclassified into profit or loss.
（II）
Other comprehensive income that will be reclassified into pro
fit or loss.
1.Other comprehensive income under the equity method inves
tee can be reclassified into profit or loss.
2.Gains and losses from changes in fair value available for sal
e financial assets
3.Held-to-maturity investments reclassified to gains and losse
s of available for sale financial assets
4.The effective portion of cash flow hedges and losses
5.Translation differences in currency financial statements
6.Other
Net of profit of other comprehensive income attributable to M
inority shareholders’ equity
VII. Total comprehensive income 430,861,163.92 365,992,915.38
Total comprehensive income attributable to the owner of the
392,782,644.51 347,750,532.74
parent company
Total comprehensive income attributable minority
38,078,519.41 18,242,382.64
shareholders
VIII. Earnings per share
（I）Basic earnings per share 0.080 0.09
(II)Diluted earnings per share 0.080 0.09
The current business combination under common control, the net profits of the combined party before achieved ne
t profit of RMB 0, last period the combined party realized RMB 0.
Legal Representative: Li Zhaoting Person in charge of accounting：Huang Jinliang Accounting Dept Leader:
Gao Feipeng
4. Income statement of the Parent Company
In RMB
Items Amount in this period Amount in last period
I. Income from the key business 29,487,874.98 227,019,059.10
Dongxu Optoelectronic Technology Co., Ltd. The First Quarterly Report 2017
Less：Business cost 23,208,786.32 132,893,796.16
Business tax and surcharge 475,331.94 42,000.00
Sales expense 13.00
Administrative expense 13,924,710.85 13,225,719.79
Financial expenses 123,855,490.95 37,597,734.18
Asset impairment loss
Add：Gains from change of fir value （“-”for loss）
Investment gain（“-”for loss） -1,039,567.77 -219,626.96
Incl: investment gains from affiliates -1,039,567.77
II. Operational profit（“-”for loss） -133,016,012.85 43,040,169.01
Add ：Non-operational income 5,943.00 38,666.93
Including：Income from disposal of non-current
assets
Less：Non business expenses
Incl：Loss from disposal of non-current assets
III.Total profit(“-”for loss) -133,010,069.85 43,078,835.94
Less：Income tax expenses
IV. Net profit（“-”for net loss） -133,010,069.85 43,078,835.94
V.Net of profit of other comprehensive income
（I）Other comprehensive income items that will not be
reclassified into gains/losses in the subsequent accounting
period
1.Re-measurement of defined benefit plans of changes in net
debt or net assets
2.Other comprehensive income under the equity method inves
tee can not be reclassified into profit or loss.
（ II ）
Other comprehensive income that will be reclassified into pro
fit or loss.
1.Other comprehensive income under the equity method inves
tee can be reclassified into profit or loss.
2.Gains and losses from changes in fair value available for sal
e financial assets
3.Held-to-maturity investments reclassified to gains and losse
s of available for sale financial assets
4.The effective portion of cash flow hedges and losses
Dongxu Optoelectronic Technology Co., Ltd. The First Quarterly Report 2017
5.Translation differences in currency financial statements
6.Other
VI. Total comprehensive income -133,010,069.85 43,078,835.94
VII. Earnings per share：
（I）Basic earnings per share
(II)Diluted earnings per share
5. Consolidated Cash flow statement
In RMB
Items Amount in this period Amount in last period
I.Cash flows from operating activities
Cash received from sales of goods or rending of services 3,032,833,392.14 1,492,494,598.14
Net increase of customer deposits and capital kept for
brother company
Net increase of loans from central bank
Net increase of inter-bank loans from other financial bodies
Cash received against original insurance contract
Net cash received from reinsurance business
Net increase of client deposit and investment
Net increase of the financial assets that are measured at fair
value and whose movement is counted to the current gain and
loss
Cash received as interest, processing fee and commission
Net increase of inter-bank fund received
Net increase of repurchasing business
Tax returned 104,894,730.99 102,343,332.12
Other cash received from business operation 97,516,700.43 155,626,401.01
Sub-total of cash inflow 3,235,244,823.56 1,750,464,331.27
Cash paid for purchasing of merchandise and services 2,665,116,957.15 2,282,862,743.80
Net increase of client trade and advance
Net increase of savings n central bank and brother company
Cash paid for original contract claim
Cash paid for interest, processing fee and commission
Cash paid for policy dividend
Cash paid to staffs or paid for staffs 126,878,772.15 140,977,434.66
Dongxu Optoelectronic Technology Co., Ltd. The First Quarterly Report 2017
Taxes paid 249,038,224.88 187,365,571.21
Other cash paid for business activities 1,026,573,996.41 74,078,025.65
Sub-total of cash outflow from business activities 4,067,607,950.59 2,685,283,775.32
Cash flow generated by business operation, net -832,363,127.03 -934,819,444.05
II.Cash flow generated by investing
Cash received from investment retrieving
Cash received as investment gains
Net cash retrieved from disposal of fixed assets, intangible
assets, and other long-term assets
Net cash received from disposal of subsidiaries or other
operational units
Other investment-related cash received 6,120,000.00
Sub-total of cash inflow due to investment activities 6,120,000.00
Cash paid for construction of fixed assets, intangible assets
516,959,129.80 164,168,185.45
and other long-term assets
Cash paid as investment 420,800,000.00
Net increase of loan against pledge
Net cash received from subsidiaries and other operational
-108,530.20 307,466,367.41
units
Other cash paid for investment activities
Sub-total of cash outflow due to investment activities 937,650,599.60 471,634,552.86
Net cash flow generated by investment -937,650,599.60 -465,514,552.86
III.Cash flow generated by financing
Cash received as investment 102,000,000.00 500,000.00
Incl: Cash received as investment from minor shareholders 102,000,000.00 500,000.00
Cash received as loans 1,081,719,662.01 575,000,000.00
Cash received from bond placing
Other financing –related ash received 67,096,096.38 259,587,557.66
Sub-total of cash inflow from financing activities 1,250,815,758.39 835,087,557.66
982,470,416.67 1,055,801,800.00
Cash paid as dividend, profit, or interests 228,467,740.79 161,509,621.90
Incl: Dividend and profit paid by subsidiaries to minor
30,000,000.00
shareholders
Other cash paid for financing activities 104,743,598.29 42,250,353.43
Sub-total of cash outflow due to financing activities 1,315,681,755.75 1,259,561,775.33
Dongxu Optoelectronic Technology Co., Ltd. The First Quarterly Report 2017
Net cash flow generated by financing -64,865,997.36 -424,474,217.67
IV. Influence of exchange rate alternation on cash and cash
16,374,381.48 2,714,265.17
equivalents
V.Net increase of cash and cash equivalents -1,818,505,342.51 -1,822,093,949.41
Add: balance of cash and cash equivalents at the beginning of
25,037,335,091.60 11,964,769,404.73
term
VI ..Balance of cash and cash equivalents at the end of term 23,218,829,749.09 10,142,675,455.32
6. Cash Flow Statement of the Parent Company
In RMB
Items Amount in this period Amount in last period
I.Cash flows from operating activities
Cash received from sales of goods or rending of services 2,107,000.00 260,102,617.67
Tax returned 77,000.00
Other cash received from business operation 57,349,385.06 159,509,303.96
Sub-total of cash inflow 59,456,385.06 419,688,921.63
Cash paid for purchasing of merchandise and services 7,381,636.42 339,861,960.78
Cash paid to staffs or paid for staffs 3,499,302.53 3,129,144.31
Taxes paid 4,656,775.49 8,001,056.42
Other cash paid for business activities 2,158,426,007.88 485,075,155.07
Sub-total of cash outflow from business activities 2,173,963,722.32 836,067,316.58
Cash flow generated by business operation, net -2,114,507,337.26 -416,378,394.95
II.Cash flow generated by investing
Cash received from investment retrieving
Cash received as investment gains 570,000,000.00
Net cash retrieved from disposal of fixed assets, intangible
assets, and other long-term assets
Net cash received from disposal of subsidiaries or other
operational units
Other investment-related cash received 6,120,000.00
Sub-total of cash inflow due to investment activities 570,000,000.00 6,120,000.00
Cash paid for construction of fixed assets, intangible assets
8,200.00
and other long-term assets
Cash paid as investment 4,167,900,000.00 1,392,801,140.00
Net cash received from subsidiaries and other operational
Dongxu Optoelectronic Technology Co., Ltd. The First Quarterly Report 2017
units
Other cash paid for investment activities
Sub-total of cash outflow due to investment activities 4,167,900,000.00 1,392,809,340.00
Net cash flow generated by investment -3,597,900,000.00 -1,386,689,340.00
III.Cash flow generated by financing
Cash received as investment
Cash received as loans 869,666,666.66 430,000,000.00
Cash received from bond placing
Other financing –related ash received
Sub-total of cash inflow from financing activities 869,666,666.66 430,000,000.00
Cash to repay debts 702,050,000.00 860,000,000.00
Cash paid as dividend, profit, or interests 87,863,786.81 50,054,483.17
Other cash paid for financing activities 22,835,849.49
Sub-total of cash outflow due to financing activities 812,749,636.30 910,054,483.17
Net cash flow generated by financing 56,917,030.36 -480,054,483.17
IV. Influence of exchange rate alternation on cash and cash
equivalents
V.Net increase of cash and cash equivalents -5,655,490,306.90 -2,283,122,218.12
Add: balance of cash and cash equivalents at the beginning of
16,951,756,537.76 9,835,157,652.41
term
VI ..Balance of cash and cash equivalents at the end of term 11,296,266,230.86 7,552,035,434.29
II. Auditor’ report
Is the First Quarterly Report be audited?
□ Yes √No
The First Quarterly report is not audited.
Dongxu Optoelectronic Technology Co., Ltd.
Board Chairman: Li Zhaoting
Issue day approved by the Board of Directors：April 28,2017
