China Fangda Group Co., Ltd
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Interim Report 2021 of China Fangda Group Co., Ltd. China Fangda Group Co., Ltd. 2021 Interim Report August 2021 1 Interim Report 2021 of China Fangda Group Co., Ltd. Chapter 1 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 3 Management Discussion and Analysis. The Company will distribute no cash dividends or bonus shares and has no reserve capitalization plan. 2 Interim Report 2021 of China Fangda Group Co., Ltd. Table of Contents Chapter 1 Important Statement, Table of Contents and Definitions.........................................................................................................2 Chapter 2 About the Company and Financial Highlights ........................................................................................................................7 Chapter 3 Management Discussion and Analysis .................................................................................................................................. 11 Chapter IV Corporation Governance ..................................................................................................................................................... 34 V. Environmental and social responsibility ............................................................................................................................................ 36 Chapter VI Significant Events ............................................................................................................................................................... 38 Chapter VII Changes in Share Capital and Shareholders ...................................................................................................................... 48 Chapter VIII Preferred Shares ............................................................................................................................................................... 54 Chapter IX Information about the Company’s Securities ................................................................................................................... 55 Chapter X Financial Statements ............................................................................................................................................................ 56 3 Interim Report 2021 of China Fangda Group Co., Ltd. Reference 1. Financial statements stamped and signed by the legal representative, CFO and accounting manager; 2. Originals of all documents and manuscripts of Public Notices of the Company disclosed in public. 4 Interim Report 2021 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 Co. 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 Fangda New Material Dongguan Fangda New Material Co., Ltd. to Kechuangyuan Software Refers Shenzhen Qianhai Kechuangyuan Software Co., Ltd. 5 Interim Report 2021 of China Fangda Group Co., Ltd. to Refers Fangda Property Management Shenzhen Fangda Property Management Co., Ltd. to Refers Fangda Property Fangda (Jiangxi) Property Development Co., Ltd. to Refers Hongjun Investment Company Shenzhen Hongjun Investment Co., Ltd. to Refers Fangda Investment Partnership Shenzhen Fangda Investment Partnership (Limited Partnership) to Refers Lifu Investment Shenzhen Lifu Investment Co., Ltd to Refers Xunfu Investment Shenzhen Xunfu Investment Co., Ltd to Refers Jianke Hong Kong Fangda Jianke Hong Kong Co., Ltd. to Refers Shanghai Jianzhi Shanghai Fangda Jianzhi Technology Co., Ltd. to Refers Shanghai Zhijian Shanghai Fangda Zhijian Technology Co., Ltd to Refers Fangda Cloud Rail Shenzhen Fangda Cloud Rail Technology Co., Ltd. to Refers Jianke Australia 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 Yunzhu Shenzhen Yunzhu Industrial 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 6 Interim Report 2021 of China Fangda Group Co., Ltd. Chapter 2 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 39th Floor, Building T1, Fangda Town, 39th Floor, Building T1, Fangda Town, Address No.2, Longzhu 4th Road, Nanshan No.2, Longzhu 4th Road, Nanshan District, Shenzhen District, Shenzhen 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 Fangda Technology Building, Kejinan 12th Avenue, High-tech Zone, Hi-tech Registered address Park South Zone, Nanshan District, Shenzhen, PR China. Post code 518057 39th Floor, Building T1, Fangda Town, No.2, Longzhu 4th Road, Nanshan Office address District, Shenzhen Post code 518055 7 Interim Report 2021 of China Fangda Group Co., Ltd. Website http://www.fangda.com Email [email protected] Enquiry date on specific websites for provisional Friday, March 26, 2021 announcement disclosure (if any) Website where specific websites for provisional http://www.cninfo.com.cn announcement disclosure are listed (if any) 2. Information disclosure and inquiring Changes to the information disclosure and inquiring place □ Applicable √ Inapplicable Please refer to the 2020 annual report for the newspapers and websites where the Company’s information is disclosed. The inquiry 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 Retroactive adjustment or restatement Consolidation of entities under common control Year-on-year change Same period last year This report period (%) Before adjustment After adjustment After adjustment Turnover (yuan) 1,568,778,834.98 1,251,608,064.42 1,256,258,223.01 24.88% Net profit attributable to shareholders of 111,488,701.33 146,839,884.57 147,784,781.12 -24.56% the listed company (yuan) Net profit attributable to the shareholders of the listed company and after deducting 97,095,794.95 146,292,847.94 146,292,847.94 -33.63% of non-recurring gain/loss (yuan) Net cash flow generated by business -500,924,545.00 -136,985,479.40 -138,927,264.32 -260.57% operation (yuan) Basic earnings per share (yuan/share) 0.10 0.13 0.13 -23.08% Diluted Earnings per share (yuan/share) 0.10 0.13 0.13 -23.08% Weighted average net income/asset ratio 2.05% 2.81% 2.82% -0.77% End of the report End of last year Year-on-year change period Before adjustment After adjustment After adjustment Total asset (yuan) 11,721,210,311.06 11,866,857,250.39 11,891,460,320.08 -1.43% Net profit attributable to the shareholders 5,503,070,436.51 5,380,857,155.39 5,392,378,856.43 2.05% of the listed company (RMB) 8 Interim Report 2021 of China Fangda Group Co., Ltd. Note: (1) the net profit attributable to the shareholders of the listed company in the reporting