Tunghsu Optoelectronic Technology Co., Ltd. the Semi-Annual Report 2018
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Tunghsu Optoelectronic Technology Co., Ltd. The Semi-annual Report 2018 Tunghsu Optoelectronic Technology Co., Ltd. The Semi-annual Report 2018 August 2018 1 Tunghsu Optoelectronic Technology Co., Ltd. The Semi-annual Report 2018 I. Important Notice, Table of Contents and Definitions 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. Mr. Wang Lipeng, The Company leader, Ms. Feng Qiuju, Chief financial officer and the Mr. Gao Feipeng, the person in charge of the accounting department (the person in charge of the accounting) hereby confirm the authenticity and completeness of the financial report enclosed in this semi-annual report. All the directors attended the board meeting for reviewing the semi-annual Report. The development strategy, operation plan and other forward-looking statements involved in this report will not constitute any substantive commitment to the investors by the Company. Investors please be aware of the investment risks. The company has already described the risk items existed in details in the report with reference to (IV) possible risks of X Operation Conditions Discussion and Analysis. The Company has no plan of cash dividends carried out, bonus issued and capitalizing of common reserves either. 2 Tunghsu Optoelectronic Technology Co., Ltd. The Semi-annual Report 2018 Table of Contents I.Important Notice and Definitions II. Corporate Profile and Key Financial Indicators III. Business Profile IV. Performance Discussion and Analysis V. Important Events VI. Change of share capital and shareholding of Principal Shareholders VII. Situation of the Preferred Shares VIII. Information about Directors, Supervisors and Senior Executives IX. Corporate Bonds X. Financial Report XI. Documents available for inspection 3 Tunghsu Optoelectronic Technology Co., Ltd. The Semi-annual Report 2018 Definition Refers Terms to be defined Definition to Refers Company Law Company Law of the People’s Republic of China to Refers Securities Law Securities Law of the People’s Republic of China to Refers CSRC China Securities Regulatory Commission to Refers SZSE Shenzhen Stock Exchange to Refers Tunghsu Group Tunghsu Group Co., Ltd. to Refers Baoshi Group Shijiazhuang Baoshi Electronics Group Co., Ltd to Tunghsu Optoelectronic , Company, The Refers Tunghsu Optoelectronic Technology Co., Ltd. Company to Refers Tunghsu(Yingkou)Optoelectronic Tunghsu(Yingkou)Optoelectronic Display Co., Ltd. to Refers Xuhong Optoelectronic Sichuan Xuhong Optoelectronic Technology Co., Ltd. to Wuhu Tunghsu Optoelectronic Technology Co., Ltd., was the Refers Wuhu Optoelectronic implementation unit of the non-public item to raise money for and invest to in of “The Project of Production Line for Panel Display Plate” in 2013 Refers Wuhu Equipment Wuhu Tunghsu Optoelectronic Equipment Technology Co., Ltd. to Tunghsu(Kunshan)Display material Co., Ltd., In 2015, was the Refers Tunghsu (Kunshan ) implementation unit of the non-public item to raise money for and invest to in “Project of Production Line for the 5th-generation CF for TFT-LCD”. Refers Tunghsu Construction Tunghsu Construction Group Co., Ltd. to Fuzhou Xufu Optoelectronic Technology Co., Ltd., In 2016, was the Refers Fuzhou Xufu non-public item to raise money for and invest in “Project of Production to Line for the 8.5th-generation CF for TFT-LCD” Fuzhou Optoelectronic Refers Fuzhou Tunghsu Optoelectronic Technology Co., Ltd., In 2016, was the 4 Tunghsu Optoelectronic Technology Co., Ltd. The Semi-annual Report 2018 to non-public item to raise money for and invest in “Project of Production Line for the 8.5th-generation CF for TFT-LCD” Refers Tunghsu Finance Company Tunghsu Group Finance Co., Ltd. to Refers Shanghai Tanyuan Huigu Shanghai Tanyuan Huigu New Material Technology Co., Ltd. to Refers Xutan New Material Beijing Xutan New Material Technology Co., Ltd. to Refers Mingshuo Technology Mingshuo (Beijing) Electronic Technology Co., Ltd to Refers Tengda Wujiang Tengda Packing Products Co., Ltd. to Shanghai Sunlong Bus Co., Ltd., Refers SUNLONG 2017 issue of shares and payment of cash to buy the assets of the enterpris to e Refers BOE BOE Technology Group Co., Ltd. to Refers CSOT China Star optoelectronics Technology Co., Ltd. to Refers Tianma Tianma Microelectronics Co Ltd to Refers TFT-LCD Thin Film Transistor Liquid Crystal Display to Refers LTPS Low Temperature Poly-silicon to Refers AMOLED Active-matrix organic light emitting diode to A thin glass sheet with extremely smooth surface is a basic component of constituting LCD display device as well as one of the critical basic Refers Glass substrate materials in panel display industry. The glass sheet can be divided into to various generations by its size, and the higher the generation is, the bigger the size will be. Refers G5 glass substrate The size of the 5th-generation glass substrate is 1100 mm×1300 mm. to Refers G6 glass substrate The size of the 6th-generation glass substrate is 1500 mm×1850 mm. to Refers G8.5 glass substrate The size of the 8.5th-generation glass substrate is 2300 mm×2500 mm to Optical film Refers refers to the general name of optical diaphragms such as diffusion, 5 Tunghsu Optoelectronic Technology Co., Ltd. The Semi-annual Report 2018 to reflection, prism, composite prism, etc., mainly used in TFT LCD backlights. Refers CF Critical original materials of LCD panel for realizing colorization display to Refers Refers to two-dimensional carbon materials related to grapheme, with a Grapheme materials to layer less than 10 carbon atoms In addition to mobile phones, tablet PCs and other displays, for the touch Refers Cover glass screen touch module, display and non-touch screen display to protect the to transparent glass lens Refers Adopting new power systems, fully or mainly rely on new energy-driven New Energy Bus to passenger bus, including pure electric bus and fuel cell bus 6 Tunghsu Optoelectronic Technology Co., Ltd. The Semi-annual Report 2018 II. Basic Information of the Company and Financial index I. Company Information Stock abbreviation Tunghsu Optoelectronic, Tunghsu B Stock code 000413、200413 Stock abbreviation after Tunghsu Optoelectronic, Tunghsu B change (if any) Stock exchange for listing Shenzhen Stock Exchange Name in Chinese 东旭光电科技股份有限公司 Chinese Abbreviation 东旭光电 English name (If any) Tunghsu Optoelectronic Technology Co.,Ltd. English abbreviation (If any) Tunghsu Optoelectronic Legal Representative Wang Lipeng II. Contact person and contact manner Board secretary Securities affairs Representative Name Gong Xin Wang Qingfei No.5 Court, No.23 A Fuxing Road, No.5 Court, No.23 A Fuxing Road, Contact address Haidian District, Beijing Haidian District, Beijing Tel 010-68297016 010-68297016 Fax 010-68297016 010-68297016 E-mail [email protected] [email protected] III. Other 1. Way of contact Whether registrations address, offices address and codes as well as website and email of the Company changed in reporting period or not □ Applicable √ Not applicable Registrations address, offices address and codes as well as website and email of the Company has no change in reporting period, found more details in annual report 2017. 2. Information inquiry Whether information disclosure and preparation place changed in reporting period or not 7 Tunghsu Optoelectronic Technology Co., Ltd. The Semi-annual Report 2018 □ Applicable √ Not applicable None of the official presses, website, and place of enquiry has been changed in the semi report period. For details please find the Annual Report 2017. IV. Summary of Accounting Data and Financial Indicators Indicate by tick mark whether the Company needs to retroactively restate any of its accounting data. √Yes □No Reasons for retrospective restatements: Business merger under the same control. Same period of last year YoY+/-(%) Reporting period Before adjustment After adjustment After adjustment Operating Gross income(Yuan) 11,129,851,790.88 4,641,285,527.91 4,876,438,604.10 128.24% Net profit attributable to the shareholders 858,296,089.08 635,855,750.37 637,480,381.47 34.64% of the listed company(Yuan) Net profit after deducting of non-recurring gain/loss attributable to the shareholders 811,345,478.77 559,990,548.41 564,088,026.98 43.83% of listed company(Yuan) Cash flow generated by business 83,617,287.66 -1,414,361,686.97 -1,364,949,813.78 106.13% operation, net(Yuan) Basic earning per share(Yuan/Share) 0.15 0.13 0.13 15.38% Diluted gains per 0.15 0.13 0.13 15.38% share(Yuan/Share)(Yuan/Share) Net asset earning ratio(%) 2.74% 2.84% 2.73% 0.01% As at the end of the As at the end of last year YoY+/-(%) reporting period Before adjustment After adjustment After adjustment Gross assets(RMB) 66,693,831,497.63 67,683,329,226.91 68,610,779,546.18 -2.79% Shareholders’ equity attributable to 31,213,233,914.18 30,922,796,455.46 30,949,718,542.41 0.85% shareholders of the listed company(RMB) V. Differences between accounting data under domestic and overseas accounting standards 1.Simultaneously pursuant to both Chinese accounting standards and international accounting standards disclosed in the financial reports of differences in net income and net assets. □ Applicable□√ Not applicable Nil 8 Tunghsu Optoelectronic Technology Co., Ltd. The Semi-annual Report 2018 2. Differences of net profit and