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China Fangda Group Co., Ltd

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China Fangda Group Co., Ltd Interim Report 2020 of China Fangda Group Co., Ltd. China Fangda Group Co., Ltd. 2020 Interim Report August 2020 1 Interim Report 2020 of China Fangda Group Co., Ltd. Chapter I Important Statement, Table of Contents and Definitions The members of the Board and the Company guarantee that the interim report is free from any false information, misleading statement or material omission and are jointly and severally liable for the information’s truthfulness, accuracy and integrity. Mr. Xiong Jianming, the Chairman of Board, Mr. Lin Kebin, the Chief Financial Officer, and Mr. Wu Bohua, the manager of accounting department declare: the Financial Report carried in this report is authentic and completed. All the Directors have attended the meeting of the board meeting at which this report was examined. Forward-looking statements involved in this report including future plans do not make any material promise to investors. Investors should pay attention to investment risks. The Company has specified market, management and production and operation risks in this report. Please review the 10. Risks Facing the Company and Measures in Chapter 4 Operation Discussion and Analysis. The Company will distribute no cash dividends or bonus shares and has no reserve capitalization plan. 2 Interim Report 2020 of China Fangda Group Co., Ltd. Table of Contents Chapter I Important Statement, Table of Contents and Definitions .........................................................................................................2 Chapter II About the Company and Financial Highlights ........................................................................................................................6 Chapter III Business Introduction ............................................................................................................................................................9 Chapter IV Operation Discussion and Analysis ..................................................................................................................................... 15 Chapter V Significant Events ................................................................................................................................................................ 30 Chapter VI Changes in Share Capital and Shareholders ........................................................................................................................ 39 Chapter VII Preferred Shares ................................................................................................................................................................. 45 Chapter VIII Information about the Company’s Convertible Bonds ..................................................................................................... 46 Chapter IX Particulars about the Directors, Supervisors, and Senior Management ............................................................................... 47 Chapter X Information about the Company’s Securities ....................................................................................................................... 49 Chapter XI Financial Statements ........................................................................................................................................................... 50 Chapter XII Documents for Reference ................................................................................................................................................ 195 3 Interim Report 2020 of China Fangda Group Co., Ltd. Definitions Refers Terms Description to Refers Fangda Group, company, the Company China Fangda Group Co., Ltd. to Refers Articles of Association Articles of Association of China Fangda Group Co., Ltd. to Refers Meeting of shareholders Meetings of shareholders of China Fangda Group Co., Ltd. to Refers Board of Directors Board of Directors of China Fangda Group Co., Ltd. to Refers Supervisory Committee Supervisory Committee of China Fangda Group Co., Ltd. to Refers Banglin Technology Shenzhen Banglin Technologies Development Co., Ltd. to Refers Gong Qing Cheng Shi Li He Investment Management Partnership Shilihe Co. to Enterprise (limited partner) Refers Shengjiu Investment Ltd. Shengjiu Investment Ltd. to Refers Fangda Jianke Shenzhen Fangda Jianke Group Co., Ltd. to Refers Fangda Zhichuang Fangda Zhichuang Science and Technology Co., Ltd. to Refers Fangda New Material Fangda New Materials (Jiangxi) Co., Ltd. to Refers Fangda New Energy Shenzhen Fangda New Energy Co., Ltd. to Refers Fangda Property Shenzhen Fangda Property Development Co., Ltd. to Refers Chengdu Fangda Chengda Fangda Construction Technology Co., Ltd. to Refers Dongguan New Material Dongguan Fangda New Material Co., Ltd. to Refers Kechuangyuan Software Shenzhen Qianhai Kechuangyuan Software Co., Ltd. to 4 Interim Report 2020 of China Fangda Group Co., Ltd. Refers Fangda Property Management Shenzhen Fangda Property Management Co., Ltd. to Refers Jiangxi Property Development Fangda (Jiangxi) Property Development Co., Ltd. to Refers Hongjun Investment Company Shenzhen Hongjun Investment Co., Ltd. to Refers Fang Qingling Shanghai Fangda Qingling Technology Co., Ltd. to Refers Fangda Cloud Rail Shenzhen Fangda Cloud Rail Technology Co., Ltd. to Refers Fangda Australia Co., Ltd. Fangda Australia Pty Ltd to Refers Zhichuang Technology Hong Kong Fangda Zhichuang Science and Technology (Hong Kong) Co., Ltd. to Refers Shihui International Shihui International Holding Co., Ltd. to Refers Fangda Southeast Asia Fangda Southeast Asia Co., Ltd. to Refers Chengda Curtain Wall Company Chengda Fangda Curtain Wall Technology Co., Ltd. to Refers Fangda Jianzhi Shanghai Fangda Jianzhi Technology Co., Ltd. to Refers Jianke Hong Kong Fangda Jianke Hong Kong Co., Ltd. to Refers Shenyang Fangda Shenyang Fangda Semi-conductor Lighting Co., Ltd. to Refers Shenzhen Woke Shenzhen Woke Semi-conductor Lighting Co., Ltd. to Refers SZSE Shenzhen Stock Exchange to 5 Interim Report 2020 of China Fangda Group Co., Ltd. Chapter II About the Company and Financial Highlights 1. Company Profile Stock ID Fangda Group, Fangda B Stock code 000055, 200055 Modified stock ID (if any) None Stock Exchange Shenzhen Stock Exchange Chinese name China Fangda Group Co., Ltd. English name (if any) Fangda Group English name (if any) CHINA FANGDA GROUP CO., LTD. English abbreviation (if any) CFGC Legal representative Xiong Jianming 2. Contacts and liaisons Secretary of the Board Representative of Stock Affairs PRINTED NAME Xiao Yangjian Guo Linchen 20F, Fangda Technology Building, Kejinan 20F, Fangda Technology Building, Kejinan Address 12th Avenue, High-tech Zone, Hi-tech Park 12th Avenue, High-tech Zone, Hi-tech Park South Zone, Shenzhen, PR China. South Zone, Shenzhen, PR China. Telephone 86(755) 26788571 ext. 6622 86(755) 26788571 ext. 6622 Fax 86(755)26788353 86(755)26788353 Email [email protected] [email protected] 3. Other Information 1. Liaison Changes to the Company’s registration address, office address, post code, website or email during the report period □ Applicable √ Inapplicable Company’s registration address, office address, post code, website or email have not changed during the report period. See Annual Report 2019 for details. 2. Information disclosure and inquiring Changes to the information disclosure and inquiring place □ Applicable √ Inapplicable Please refer to the 2019 annual report for the newspapers and websites where the Company’s information is disclosed. The inquiry 6 Interim Report 2020 of China Fangda Group Co., Ltd. address of the interim report has remained unchanged during the report period. 4. Financial Highlight Whether the Company needs to make retroactive adjustment or restatement of financial data of previous years □ Yes √ No This report period Same period last year Year-on-year change (%) Turnover (yuan) 1,251,608,064.42 1,425,890,946.99 -12.22% Net profit attributable to shareholders of 146,839,884.57 128,581,755.01 14.20% the listed company (yuan) Net profit attributable to the shareholders of the listed company and after deducting 146,292,847.94 113,377,064.06 29.03% of non-recurring gain/loss (RMB) Net cash flow generated by business -136,985,479.40 -372,725,003.11 63.25% operation (RMB) Basic earnings per share (yuan/share) 0.13 0.11 18.18% Diluted Earnings per share (yuan/share) 0.13 0.11 18.18% Weighted average net income/asset ratio 2.81% 2.55% 0.26% End of the report period End of last year Year-on-year change Total asset (RMB) 11,481,781,127.67 11,369,964,580.11 0.98% Net profit attributable to the shareholders 5,176,776,062.41 5,182,795,079.67 -0.12% of the listed company (RMB) In the current period, the net profit of the current period is increased by about RMB80,739,565.80 as a result of changes in the accounting estimates of accounts receivable and the expected credit loss rate of contractual assets. 5. Differences in accounting data under domestic and foreign accounting standards 1. Differences in net profits and assets in financial statements disclosed according to the international and Chinese account standards □ Applicable √ Inapplicable There is no difference in net profits and assets in financial statements disclosed according to the international and Chinese account standards during the report period. 2. Differences in net profits and assets in financial statements disclosed according to the overseas and Chinese account standards □ Applicable √ Inapplicable There is no difference in net profits and assets in financial statements disclosed according
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