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2020年01月21日 星期二

方大B(200055)公告正文

方 大B:2012年第三季度报告全文(英文版)

公告日期:2012-10-31

    China Fangda Group Co., Ltd.                                                               The 3rd Quarterly Report 2012 (Full Text)
                           The 3rd Quarterly Report 2012 (Full Text)I. Important Statement
      The Board of Directors and the directors of the Company guarantee that there are no significant omissions,fictitious or misleading statements carried in the Report and we will accept individual and joint responsibilities forthe truthfulness, accuracy and completeness of the Report.
      Directors other than the followings presented at the Board Meeting on which this report was examined:
    Name of the director                                                     Reason for not presenting
                                                 Position                                                     Name of consignee
        absented                                                                   the meeting
        Huang Yaying                    Independent Director                   Business engagement                  Guo Jinlong
    Mr. Xiong Jianming, the Chairman of Board, Mr. Lin Kebin, the Chief Financial Officer, and Mr. ChenYonggang, the manager of accounting department declare: the Financial Report carried in this report is authenticand completed.II. Company Profile(I) Financial HighlihgtsIf retrospective adjustment has been carried out on financial reports of previous periods[] Yes [V] No [] Not applicable
                                                        2012.9.30                      2011.12.31                     Changed by (%)
    Gross Assets (RMB)                                2,198,830,368.83                             2,163,325,598.14                    1.64%Owners’ equity attributable to the
                                                  1,093,463,299.65                             1,073,843,444.65                    1.83%shareholders of the listed company (yuan)
    Capital shares (shares)                                756,909,905.00                              756,909,905.00                      0%Net asset per share attributable to the
    shareholders of the listed company                               1.44                                        1.42                  1.41%(Yuan/share)
                                                                         Changed over the same                  Changed over the same
                                                   July-Sept. 2012                               Jan-Sept. 2012
                                                                         period of last year (%)                period of last year (%)
    Turnover (yuan)                                        392,243,147.94                    23.17% 921,532,745.74                     2.66%Net profit attributable to shareholders of the
                                                         5,734,975.97                    -17.56% 18,378,273.37                    -65.36%listed company (yuan)Net Cash flow generated by business
                                                  --                    --                          -4,397,317.41operation (RMB)Net Cash flow per share generated by
                                                  --                    --                                  -0.01business operation (yuan/share)
    Basic earnings per share (Yuan/share)                            0.01                        0%              0.02                 -71.43%
    Diluted earnings per share (Yuan/share)                          0.01                        0%              0.02                 -71.43%Weighted average net
                                                               0.53%                      -0.13%            1.7%                   -3.42%income/asset ratio (%)Weighted average net
    income/asset ratio less non-recurring                          0.65%                      -0.12%            1.2%                   -3.29%gain/loss(%)
    China Fangda Group Co., Ltd.                                                              The 3rd Quarterly Report 2012 (Full Text)Income items and amounts after deducting of non-recurring gains/losses[V] Applicable [] Not applicable
                                                                                                       Amount from openning of
                                               Items                                                    year to the end of report Remarks
                                                                                                                  period
    Gain/loss of non-current assets                                                                                      103,505.98Tax refunding or exemption without official certification or exceeded authorityGains and losses included in the current period of government subsidies, excluding those
    government grants which are closely related to normal business and in line with national                             768,641.36policy , or in accordance with fixed standards or quantitiesCapital adoption fee collected from non-financial organizations and accounted into current
                                                                                                                   1,061,306.08gain/lossGain/loss from differences between the cost of enterprise merger and the fair value ofrecognizable net asset of the invested entitiesGain/loss from non-monetary assetsGain/loss from commissioned investment or assetsAsset impairment provisions provided for force-majeurGain/loss from debt reorganizationEnterprise reorganizing expenses, such as employee placement fee and integration feeGain/loss from trade departing from fair valueCurrent net gain/loss of subsidiaries under same control from beginning of term till date ofconsolidationGain/loss generated by contingent liabilities without connection with main businessesGain/loss from change of fair value of transactional asset and liabilities, and investment gainsfrom disposal of transactional financial assets and liabilities and sellable financial assets, otherthan valid period value instruments related to the Company’s common businessesRestoring of receivable account impairment provision tested individuallyGain/loss from commissioned loansGain/loss from change of fair value of investment property measured at fair value in follow-up
                                                                                                                   5,218,024.15measurementInfluence of one-time adjustment made on current gain/loss account according to the laws andregulations regarding tax and accountingConsigning fee received for cosigned operation
    Other non-business income and expenditures other than the above                                                      213,442.27Other gain/loss items satisfying the definition of non-recurring gain/loss account
    Influenced amount of minority shareholders’ equity                                                                   -10,656.05
    Influenced amount of income tax                                                                                    -2,020,543.55
    Total                                                                                                              5,333,720.23     --
    China Fangda Group Co., Ltd.                                                             The 3rd Quarterly Report 2012 (Full Text)(II) Top 10 shareholders at the end of report period, and total number of shareholdersTotal shareholders at the end of
                                                              75,505(Including 53,218 A-stock accounts and 22,287 B-stock accountsthe report period (accounts)
                                      Top ten holders of the shares without subscription limitation
                                    Amount of unconditional shares                   Categories and amounts of shares
    Name of the shareholder          holding at the end of report
                                                 term                           Categories                      AmountShenzhen Banglin Technologies
                                                        68,774,273 RMB common shares                                     68,774,273
        Development Co., Ltd.
        Liaoning Fangda Group
                                                        30,765,226 RMB common shares                                     30,765,226
              Industry Co., Ltd.
                                                                      Foreign shares placed in
       Shengjiu Investment Ltd.                         21,339,867                                                       21,339,867
                                                                      domestic exchange
    Shenzhen Shilihe Investment
                                                        17,860,992 RMB common shares                                     17,860,992
                      Co., Ltd.
                  Wang Shaolin                          16,800,000 RMB common shares                                     16,800,000
                                                                      Foreign shares placed in
                      Cao Yifan                           3,337,465                                                        3,337,465
                                                                      domestic exchange
                                                                      Foreign shares placed in
                   Chen Lihong                            2,305,365                                                        2,305,365
                                                                      domestic exchange
    Jianxi International Trust Co.,
                                                          2,117,150 RMB common shares                                      2,117,150
             Ltd. (Goldlion 199)
    China Merchants Securities                                        Foreign shares placed in
                                                          1,754,465                                                        1,754,465
             Hong Kong Ltd.                                           domestic exchange
                                                                      Foreign shares placed in
                       Zhen Fan                           1,568,014                                                        1,568,014
                                                                      domestic exchange
                                    Among the top 10 shareholders, Shenzhen Banglin Technology Development Co., Ltd. and
                                    Shengjiu Investment Co., Ltd. are parties action-in-concert. Shenzhen Banglin TechnologySituations of the shareholders
                                    Development Co., Ltd. and Shenzhen Shilihe Investment Co., Ltd. are related parties. No other
                                    action-in-concert or related parties among the other holders of current shares.III. Material Events(I) Material changes in accounting items and indicies[V] Applicable [] Not applicable1. Sellable financial assets increased by 69.75% by the end of period than that of the beginning, which was causedby the closing rate of Tianjin Magnetic Card stock has increased.2. Construction in process increased by 114.73%, which was caused by continuous increase of investment in PVcurtain wall and PSD expanding projects.3. Notes receivable has increased by 177.12%, which was caused by enlarging of note payment portion.4. Wage payable has decreased by 43.22%, which was caused by delivering of annual bonus of 2011.5. Tax payable decreased by 31.17%, which was caused by clearing of corporation tax for 2011.6. Asset impairment loss has increased by RMB23.40 million, which was caused by suspending of ShenyangFangda – one of the subsidiaries of the Company, and impairment provision has been provided.7. Net profit and earnings per share attributable to the owners of the parent company decreased by 65.36% and71.43% respectively, which was caused by suspending of Shenyang Fangda – one of the subsidiaries of theCompany, and impairment provision has been provided.
    China Fangda Group Co., Ltd.                                                The 3rd Quarterly Report 2012 (Full Text)(II) Progress, influences, and solutions of material events1. Non-standard opinions[] Applicable; [V] Not applicable2. Providing of capital to the controlling shareholder or related parties, or illegal providing of externalguarantees[] Applicable; [V] Not applicable3. Engaging and executing of material contracts[V] Applicable [] Not applicable(1) Angola International Airport project is progressing on schedule.(2) Shenzhen Airport T3 Tower curtain wall project is proceeding as scheduled by the contract;(3) Shenyang Xingmo’er Shopping Mall curtain wall project is proceeding as scheduled by the contract;(4) China ASEAN (Liuzhou) Industry Product Trade Center curtain wall project was on schedule according to thecontract;(5) Shenzhen Zhongguanghe Building curtain wall project is proceeding according to the contract;(6) Jiangsu Xinhua Daily News Center project is proceeding according to the contract;(7) Dashi PSD project in Singapore is proceeding according to the contract;(8) The PSD project of Xi’an Metro Line No.1 is proceeding on schedule;(9) Wuhan Rail Line 2 phase I PSD system was on schedule;(10) Dalian Metro safe door system project was on schedule.(11) Dongguan City Express Railway Line R2 PSD system was on schedule.4. Others[V] Applicable [] Not applicable(1) There isn’t any shareholder holding over 30% of the Company’s shares, thus no shareholders with over 30% ofshareholding who has raised any plan to increase shareholding in the Company.(2) No dividend distribution implemented in the report period;(3) No investment in stock or derivate instruments in the report period;(4) No single sales, project construction, or service contract accounting for over 50% of the main business incomeof the Company, or absolute amount over RMB1 billion signed in the report period.(5) Progress of projects financed by public share issuing as of end of the report period: the PV curtain wallexpanding project has been partially put into operation; and the PSD expanding project has partially been put intooperation.(III) Commitment issues made by the Company or shareholders holding over 5% of the shares, in thereport period or carried down from previous period[] Applicable; [V] Not applicable(IV) Prediction of business performance for 2012Alert of loss or significant change in net profit from the beginning of year to the end of next report period orcomparing with the same period of last year, and statement of causations.[V] Applicable [] Not applicableDiscription: significant delining at the same trendType of data filled for the prediction[] Actual figures, [v] Interval figures
    China Fangda Group Co., Ltd.                                                            The 3rd Quarterly Report 2012 (Full Text)
                                From the beginning of year to     Same period
                                                                                                    Changed by (%)
                                 the end of next report period      last yearPredicted number of
                                                                                   -- [] increase [v]
    accumulative net profit                1,800 --          2,800            6,550                              57.25% --          72.52%
                                                                                  decrease(RMB0,000)
    Basic earnings per share                                                           -- [] increase [v]
                                           0.02 --         0.04            0.09                              55.56% --          77.78%
    (Yuan/share)                                                                      decrease
                               It is predicted that the net profit and earnings per share will decline significantly, which are causedRemarks on the prediction
                               by suspending of Shenyang Fangda and its assets are diposed or provided impairmnet provision.(V) Other material events to be presented1. Securities investment[] Applicable; [V] Not applicable2. Investment in derivate instruments[] Applicable; [V] Not applicable3. Derivate instruments in stock[] Applicable; [V] Not applicable4 Reception of investigations, communications, or interviews
                                                                                                                    Main content
    Time/date                Place                  Way              Type of visitors           Visitors           involved and
                                                                                                                   material provided
                                                                                                                 Business operation
    July 1 to Sept 30                             Telephone
                      Off site reception                           Individual             Public investor        and future
    2012                                          communication
                                                                                                                 development5. Issuing of corporation bondsAre there any corporation bonds issued[] Yes [V] NoIV. Attachement(I) Financial StatementsConsolidated or not[V] Yes [] No [] Not applicableAll figures in the financial statements are in RMB Yuan except for otherwise stated.
    China Fangda Group Co., Ltd.                        The 3rd Quarterly Report 2012 (Full Text)1. Consolidated Balance SheetPrepared by China Fangda Group Co., Ltd.
                                                                                       In RMB
    Items                                                 Closing balance       Openning balanceCurrent asset:
    Monetary capital                                     231,324,881.91         324,780,350.77
    Settlement provision
    Outgoing call loan
    Transactional financial assets
    Notes receivable                                       6,388,506.26           6,303,353.88
    Account receivable                                   705,621,010.81         664,333,498.11
    Prepayment                                            28,609,221.83          25,444,369.81
    Insurance receivable
    Reinsurance receivable
    Provisions of Reinsurance contracts receivable
    Interest receivable                                      156,201.25             201,961.11
    Dividend receivable
    Other account receivable                              64,553,636.34          53,412,523.94
    Repurchasing of financial assets
    Inventories                                          248,022,513.27         254,419,907.08
    Non-current asset due in 1 year
    Other current asset
    Total of current asset                                  1,284,675,971.67       1,328,895,964.70Non-current assets
    Disburse of consigned loans
    Sellable financial asset                               3,731,000.00           2,198,000.00
    Expired investment in possess
    Long-term receivable
    Long-term share equity investment
    Investment real estates                              272,079,961.47         277,705,949.35
    Fixed assets                                         309,835,683.13         316,775,398.58
    Construction in process                              175,652,057.34          81,799,896.43
    Engineering goods
    Fixed asset disposal                                      27,791.63
    Production physical assets
    Gas & petrol
    Intangible assets                                    107,155,352.29         110,599,955.27
    R&D expense                                              917,883.63             914,683.63
    Goodwill                                               8,197,817.29           8,197,817.29
    Long-term amortizable expenses                         2,768,146.00           2,600,195.30
    Deferred income tax asset                             33,788,704.38          33,637,737.59
    Other non-current asset
    Total of non-current assets                               914,154,397.16         834,429,633.44
    Total of assets                                         2,198,830,368.83       2,163,325,598.14
    China Fangda Group Co., Ltd.                                      The 3rd Quarterly Report 2012 (Full Text)Current liabilities
    Short-term loans                                                   390,500,000.00         387,000,000.00
    Loan from Central Bank
    Deposit received and hold for others
    Call loan received
    Trade off financial liabilities
    Notes payable                                                      108,236,397.25          39,058,058.47
    Account payable                                                    311,002,550.66         324,340,008.15
    Prepayment received                                                103,123,545.45         124,950,664.78
    Selling of repurchased financial assets
    Fees and commissions receivable
    Employees’ wage payable                                            11,602,816.82          20,432,966.02
    Tax payable                                                         28,220,948.68          41,002,265.87
    Interest payable                                                       522,340.08             780,979.73
    Dividend payable
    Other account payable                                               46,885,976.90          36,783,207.38
    Reinsurance fee payable
    Insurance contract provision
    Entrusted trading of securities
    Entrusted selling of securities
    Non-current liability due in 1 year
    Other current liability
    Total of current liability                                            1,000,094,575.84         974,348,150.40Non-current liabilities
    Long-term borrowings
    Bond payable
    Long-term payable                                                        8,400.00              14,700.00
    Special payable
    Anticipated liabilities                                                                       288,000.00
    Deferred income tax liability                                       35,128,159.33          32,597,637.16
    Other non-recurring liabilities                                      3,915,000.00           4,020,000.00
    Total of non-current liabilities                                         39,051,559.33          36,920,337.16
    Total of liability                                                    1,039,146,135.17       1,011,268,487.56Owners’ equity (or shareholders’ equity)
    Capital paid in (or share capital)                                 756,909,905.00         756,909,905.00
    Capital reserves                                                    81,721,075.55          80,479,493.92
    Less: Shares in stock
    Special reserves
    Surplus reserves                                                    24,676,077.16          24,676,077.16
    Common risk provision
    Retained profit                                                    230,156,241.94         211,777,968.57
    Different of foreign currency translation
    Total of owner’s equity belong to the parent company                 1,093,463,299.65       1,073,843,444.65
    Minor shareholders’ equity                                         66,220,934.01          78,213,665.93
    Total of owners’ equity (or shareholders’ equity)                   1,159,684,233.66       1,152,057,110.58
    Total of liability and shareholders’ equity (or owners’ equity)     2,198,830,368.83       2,163,325,598.14
    China Fangda Group Co., Ltd.                                                 The 3rd Quarterly Report 2012 (Full Text)
    Legal representative: Xiong Jianming    CFO: Lin Kebing Accounting Manager: Chen Yonggang2. Balance Sheet of the Parent CompanyPrepared by China Fangda Group Co., Ltd.
                                                                                                                In RMB
                                       Items                                    Closing balance      Openning balanceCurrent asset:
    Monetary capital                                                                42,891,952.48         24,587,261.80
    Transactional financial assets
    Notes receivable
    Account receivable                                                               5,519,788.05          5,603,561.80
    Prepayment                                                                          13,462.59            122,369.00
    Interest receivable
    Dividend receivable                                                             57,338,200.00         57,338,200.00
    Other account receivable                                                       260,215,825.33        265,169,612.63
    Inventories
    Non-current asset due in 1 year
    Other current asset
    Total of current asset                                                              365,979,228.45        352,821,005.23Non-current assets
    Sellable financial asset                                                         3,731,000.00          2,198,000.00
    Expired investment in possess
    Long-term receivable
    Long-term share equity investment                                              659,733,745.58        659,733,745.58
    Investment real estates                                                        268,550,870.47        271,841,967.35
    Fixed assets                                                                    66,517,031.95         57,299,884.44
    Construction in process                                                          1,087,832.96            298,019.24
    Engineering goods
    Fixed asset disposal
    Production physical assets
    Gas & petrol
    Intangible assets                                                                9,500,078.96          9,910,673.85
    R&D expense
    Goodwill
    Long-term amortizable expenses
    Deferred income tax asset                                                       13,746,396.95         14,415,297.03
    Other non-current asset
    Total of non-current assets                                                       1,022,866,956.87      1,015,697,587.49
    Total of assets                                                                   1,388,846,185.32      1,368,518,592.72Current liabilities
    Short-term loans                                                               110,000,000.00        210,000,000.00
    Trade off financial liabilities
    Notes payable
    Account payable                                                                  1,849,090.36          1,851,490.36
    Prepayment received                                                                693,045.60            693,045.60
    Employees’ wage payable                                                           593,733.57          1,251,357.38
    China Fangda Group Co., Ltd.                                                     The 3rd Quarterly Report 2012 (Full Text)
    Tax payable                                                                           565,234.40              655,031.17
    Interest payable                                                                      163,650.00              441,980.00
    Dividend payable
    Other account payable                                                             174,330,571.08           66,697,963.87
    Non-current liability due in 1 year
    Other current liability
    Total of current liability                                                             288,195,325.01          281,590,868.38Non-current liabilities
    Long-term borrowings
    Bond payable
    Long-term payable
    Special payable
    Anticipated liabilities
    Deferred income tax liability                                                       34,775,669.32          32,186,364.40
    Other non-recurring liabilities
    Total of non-current liabilities                                                         34,775,669.32          32,186,364.40
    Total of liability                                                                     322,970,994.33          313,777,232.78Owners’ equity (or shareholders’ equity)
    Capital paid in (or share capital)                                                756,909,905.00          756,909,905.00
    Capital reserves                                                                    42,320,420.17          41,078,838.54
    Less: Shares in stock
    Special reserves
    Surplus reserves                                                                    24,676,077.16          24,676,077.16
    Common risk provision
    Retained profit                                                                   241,968,788.66          232,076,539.24
    Different of foreign currency translation
    Total of owners’ equity (or shareholders’ equity)                                   1,065,875,190.99       1,054,741,359.94
    Total of liability and shareholders’ equity (or owners’ equity)                     1,388,846,185.32       1,368,518,592.72
    Legal representative: Xiong Jianming       CFO: Lin Kebing Accounting Manager: Chen Yonggang3. Income Statement (Consolidated) of the Report PeriodPrepared by China Fangda Group Co., Ltd.
                                                                                                                     In RMB
                                                                           Amount of the Current     Amount of the Previous
                                     Items
                                                                                  Term                      Term
    I. Total revenue                                                                    392,243,147.94             318,464,683.46
    Incl. Business income                                                          392,243,147.94             318,464,683.46
              Interest income
              Insurance fee earned
              Fee and commission received
    II. Total business cost                                                             383,513,538.27             311,443,469.29
    Incl. Business cost                                                            330,006,121.51             263,253,380.35
              Interest expense
              Fee and commission paid
              Insurance discharge payment
    China Fangda Group Co., Ltd.                                                          The 3rd Quarterly Report 2012 (Full Text)
              Net claim amount paid
              Net insurance policy reserves provided
              Insurance policy dividend paid
              Reinsurance expenses
              Business tax and surcharge                                                      5,835,392.31                 7,829,049.04
              Sales expense                                                                   8,744,019.13                 6,805,554.94
              Administrative expense                                                     29,667,331.12                 27,066,517.01
              Financial expenses                                                              6,188,068.08                 5,249,826.22
              Asset impairment loss                                                           3,072,606.12                 1,239,141.73
    Plus: gains from change of fair value (“-“ for loss)                                   -718,646.00
              Investment gains (“-“ for loss)                                                                              64,444.44
              Incl. Investment gains from affiliates
              Exchange gains (“-“ for loss)
    III. Operational profit (“-“ for loss)                                                      8,010,963.67                 7,085,658.61
    Plus: non-operational income                                                             1,349,495.45                 1,096,590.77
    Less: non-operational expenditure                                                        2,224,662.95                 1,856,153.56
              Incl. Loss from disposal of non-current assets                                    50,216.24                  1,771,989.50
    IV. Gross profit (“-“ for loss)                                                             7,135,796.17                 6,326,095.82
    Less: Income tax expenses                                                                2,667,489.96                  978,953.00
    V. Net profit (“-“ for net loss)                                                            4,468,306.21                 5,347,142.82
    Including: Net profit realized by the entity taken over before the
                                                                                                      0.00                         0.00takover
    Net profit attributable to the owners of parent company                                  5,734,975.97                 6,956,948.06
    Minor shareholders’ equity                                                          -1,266,669.76                -1,609,805.24
    VI. Earnings per share:                                                                  --                           --
    (I) Basic earnings per share                                                                     0.01                         0.01
    (II) Diluted earnings per share                                                                  0.01                         0.01
    VII. Other misc. incomes                                                                      1,244,250.00                 -654,360.00
    VIII. Total of misc. incomes                                                                  5,712,556.21                 4,692,782.82
    Total of misc. incomes attributable to the owners of the parent
                                                                                              6,979,225.97                 6,302,588.06company
    Total misc gains attributable to the minor shareholders                              -1,266,669.76                -1,609,805.24Merger of entities under common control, the net profit realized by the merged party was RMB0.00.
    Legal representative: Xiong Jianming        CFO: Lin Kebing Accounting Manager: Chen Yonggang4. Income Statement (Parent Co.) of the Report PeriodPrepared by China Fangda Group Co., Ltd.
                                                                                                                               In RMB
                                    Items                             Amount of the Current Term       Amount of the Previous Term
    I. Turnover                                                                          12,137,858.09                     11,099,943.23
    Less: Operation cost                                                             3,088,736.06                         3,119,008.62
           Business tax and surcharge                                                   868,692.11                         1,272,146.25
           Sales expense                                                                                                    297,014.75
           Administrative expense                                                     4,861,548.53                         3,878,076.44
           Financial expenses                                                          619,098.10                           431,914.62
           Asset impairment loss                                                         21,681.65                           44,168.36
    China Fangda Group Co., Ltd.                                                        The 3rd Quarterly Report 2012 (Full Text)
    Plus: gains from change of fair value (“-“ for loss)
           Investment gains (“-“ for loss)                                                                             64,444.44
           Incl. Investment gains from affiliates
    II. Operational profit (“-“ for loss)                                              2,678,101.64                     2,122,058.63
    Plus: Non business income                                                        573,820.38                       237,270.45
    Less: Non-business expenses                                                        15,111.16
           Incl. Loss from disposal of non-current assets                               7,904.26                              0.00
    III. Total profit (“-“ for loss)                                                   3,236,810.86                     2,359,329.08
    Less: Income tax expenses                                                        325,403.54                       288,804.45
    IV. Net profit (“-“ for net loss)                                                  2,911,407.32                     2,070,524.63
    V. Earnings per share                                                           --                             --
    (I) Basic earnings per share
    (II) Diluted earnings per share
    VI. Other misc gains                                                                 1,244,250.00                      -654,360.00
    VII. Total of integrated income                                                      4,155,657.32                     1,416,164.63
    Legal representative: Xiong Jianming          CFO: Lin Kebing Accounting Manager: Chen Yonggang5. Income Statement (Consolidated) (Jan 1 – Sept. 30, 2012)Prepared by China Fangda Group Co., Ltd.
                                                                                                                          In RMB
                                                                              Amount of the Current     Amount of the Previous
                                          Items
                                                                                     Term                      Term
    I. Total revenue                                                                       921,532,745.74               897,619,077.14
      Incl. Business income                                                            921,532,745.74               897,619,077.14
               Interest income
               Insurance fee earned
               Fee and commission received
    II. Total business cost                                                                911,649,803.23               845,882,922.46
      Incl. Business cost                                                              748,092,151.95               723,528,647.73
               Interest expense
               Fee and commission paid
               Insurance discharge payment
               Net claim amount paid
               Net insurance policy reserves provided
               Insurance policy dividend paid
               Reinsurance expenses
               Business tax and surcharge                                               15,586,390.03                16,609,274.35
               Sales expense                                                            23,908,048.89                20,843,277.36
               Administrative expense                                                   85,563,558.46                73,291,821.99
               Financial expenses                                                       17,549,527.33                14,057,612.50
               Asset impairment loss                                                    20,950,126.57                -2,447,711.47
      Plus: gains from change of fair value (“-“ for loss)                             5,218,024.15                 5,082,327.66
               Investment gains (“-“ for loss)                                                                         79,786.91
               Incl. Investment gains from affiliates
               Exchange gains (“-“ for loss)
    III. Operational profit (“-“ for loss)                                                15,100,966.66                56,898,269.25
    China Fangda Group Co., Ltd.                                                            The 3rd Quarterly Report 2012 (Full Text)
      Plus: non-operational income                                                              4,504,489.95                   6,558,391.41
      Less: non-operational expenditure                                                         2,644,968.16                   2,446,027.51
               Incl. Loss from disposal of non-current assets                                    184,637.43                    2,019,855.86
    IV. Gross profit (“-“ for loss)                                                          16,960,488.45                   61,010,633.15
      Less: Income tax expenses                                                            10,574,947.00                   11,543,390.14
    V. Net profit (“-“ for net loss)                                                              6,385,541.45               49,467,243.01
    Including: Net profit realized by the entity taken over before the
                                                                                                        0.00                           0.00takover
      Net profit attributable to the owners of parent company                              18,378,273.37                   53,051,646.32
      Minor shareholders’ equity                                                          -11,992,731.92                  -3,584,403.31
    VI. Earnings per share:                                                                    --                             --
      (I) Basic earnings per share                                                                      0.02                           0.07
      (II) Diluted earnings per share                                                                   0.02                           0.07
    VII. Other misc. incomes                                                                        1,241,581.63                   -680,960.00
    VIII. Total of misc. incomes                                                                    7,627,123.08               48,786,283.01
    Total of misc. incomes attributable to the owners of the parent
                                                                                           19,619,855.00                   52,370,686.32company
      Total misc gains attributable to the minor shareholders                              -11,992,731.92                  -3,584,403.31No merger of entities under common control since the beginning of year till the end of report period, therefore the net profitcontributed by the merged entity was RMB0.00.
    Legal representative: Xiong Jianming         CFO: Lin Kebing    Accounting Manager: Chen Yonggang6. Income Statement (Parent Co.) (Jan 1 – Sept. 30, 2012)Prepared by China Fangda Group Co., Ltd.
                                                                                                                                   In RMB
                                     Items                            Amount of the Current Term         Amount of the Previous Term
    I. Turnover                                                                            34,431,317.81                       31,149,869.31
    Less: Operation cost                                                               7,819,214.48                           8,270,327.13
           Business tax and surcharge                                                   2,669,802.44                           2,469,488.78
           Sales expense                                                                  -15,831.98                            548,181.73
           Administrative expense                                                      13,975,126.09                       13,670,769.26
           Financial expenses                                                           4,093,375.99                           2,354,606.57
           Asset impairment loss                                                         144,538.88                            -757,962.18
    Plus: gains from change of fair value (“-“ for loss)                             5,609,909.15                           4,547,127.66
           Investment gains (“-“ for loss)                                                                                     64,444.44
           Incl. Investment gains from affiliates
    II. Operational profit (“-“ for loss)                                                11,355,001.06                           9,206,030.12
    Plus: Non business income                                                          1,483,991.16                            698,639.72
    Less: Non-business expenses                                                          71,787.80                             430,763.39
           Incl. Loss from disposal of non-current assets                                 64,580.90                             227,763.39
    III. Total profit (“-“ for loss)                                                     12,767,204.42                           9,473,906.45
    Less: Income tax expenses                                                          2,874,955.00                           1,928,361.74
    IV. Net profit (“-“ for net loss)                                                     9,892,249.42                           7,545,544.71
    V. Earnings per share                                                             --                                 --
    (I) Basic earnings per share
    (II) Diluted earnings per share
    China Fangda Group Co., Ltd.                                                         The 3rd Quarterly Report 2012 (Full Text)
    VI. Other misc gains                                                                 1,241,581.63                      -680,960.00
    VII. Total of integrated income                                                     11,133,831.05                     6,864,584.71
    Legal representative: Xiong Jianming      CFO: Lin Kebing Accounting Manager: Chen Yonggang7. Cash Flow Statement (Consolidated)(Jan 1 – Sept. 30, 2012)Prepared by China Fangda Group Co., Ltd.
                                                                                                                          In RMB
                                                                                  Amount of the Current    Amount of the Previous
                                       Items
                                                                                         Term                     TermI. Net cash flow from business operation
    Cash received from sales of products and providing of services                      887,361,725.54            898,721,509.86
    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 trade financial asset disposal
    Cash received as interest, processing fee, and commission
    Net increase of inter-bank fund received
    Net increase of repurchasing business
    Tax returned                                                                           1,171,203.29              2,209,105.20
    Other cash received from business operation                                           42,764,668.53             54,219,560.45
    Sub-total of cash inflow from business activities                                        931,297,597.36            955,150,175.51
    Cash paid for purchasing of merchandise and services                                691,603,210.10            798,945,994.44
    Net increase of client trade and advance
    Net increase of savings in 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                                                95,077,032.09             68,955,283.56
    Taxes paid                                                                            60,046,017.01             40,406,376.52
    Other cash paid for business activities                                               88,968,655.57           108,229,476.16
    Sub-total of cash outflow from business activities                                       935,694,914.77           1,016,537,130.68
    Cash flow generated by business operation, net                                             -4,397,317.41            -61,386,955.17II. Cash flow generated by investing
    Cash received from investment retrieving                                                       0.00
    Cash received as investment profit                                                             0.00                 79,786.91
    Net cash retrieved from disposal of fixed assets, intangible assets, and
                                                                                            7,678,900.00              1,675,131.72other long-term assets
    Net cash received from disposal of subsidiaries or other operational units
    Other investment-related cash received                                                 3,817,823.94              3,280,000.00
    Sub-total of cash inflow due to investment activities                                      11,496,723.94              5,034,918.63
    Cash paid for construction of fixed assets, intangible assets and other
                                                                                           90,524,758.39             44,230,339.39long-term assets
    Cash paid as investment
    China Fangda Group Co., Ltd.                                                        The 3rd Quarterly Report 2012 (Full Text)
    Net increase of loan against pledge
    Net cash received from subsidiaries and other operational units
    Other cash paid for investment activities                                             3,177,396.89               1,522,838.00
    Sub-total of cash outflow due to investment activities                                    93,702,155.28             45,753,177.39
    Net cash flow generated by investment                                                     -82,205,431.34            -40,718,258.76III. Cash flow generated by financing
    Cash received as investment
    Incl. Cash received as investment from minor shareholders
    Cash received as loans                                                              499,500,000.00            397,000,000.00
    Cash received from bond placing
    Other financing-related cash received
    Subtotal of cash inflow from financing activities                                        499,500,000.00            397,000,000.00
    Cash to repay debts                                                                 496,000,000.00            391,000,000.00
    Cash paid as dividend, profit, or interests                                          20,606,713.20             16,310,680.84
    Incl. Dividend and profit paid by subsidiaries to minor shareholders
    Other cash paid for financing activities                                             15,150,000.00                231,723.62
    Subtotal of cash outflow due to financing activities                                     531,756,713.20            407,542,404.46
    Net cash flow generated by financing                                                      -32,256,713.20            -10,542,404.46
    IV. Influence of exchange rate alternation on cash and cash equivalents                       17,490.43                  -8,502.08
    V. Net increase of cash and cash equivalents                                            -118,841,971.52            -112,656,120.47
    Plus: Balance of cash and cash equivalents at the beginning of term                 300,177,008.78            468,878,715.15
    VI. Balance of cash and cash equivalents at the end of term                              181,335,037.26            356,222,594.68
    Legal representative: Xiong Jianming      CFO: Lin Kebing Accounting Manager: Chen Yonggang8. Cash Flow Statement (Parent Co.)(Jan 1 – Sept. 30, 2012)Prepared by China Fangda Group Co., Ltd.
                                                                                                                          In RMB
                                                                                  Amount of the Current    Amount of the Previous
                                       Items
                                                                                         Term                     TermI. Net cash flow from business operation
    Cash received from sales of products and providing of services                        27,265,517.56            29,722,935.07
    Tax returned                                                                                   0.00
    Other cash received from business operation                                            3,605,331.18              2,569,974.13
    Sub-total of cash inflow from business activities                                          30,870,848.74            32,292,909.20
    Cash paid for purchasing of merchandise and services                                   9,276,770.26              9,000,228.51
    Cash paid to staffs or paid for staffs                                                 6,820,862.33              5,833,785.14
    Taxes paid                                                                             3,187,806.16              2,919,027.80
    Other cash paid for business activities                                                7,989,149.19              8,750,019.01
    Sub-total of cash outflow from business activities                                         27,274,587.94            26,503,060.46
    Cash flow generated by business operation, net                                              3,596,260.80              5,789,848.74II. Cash flow generated by investing
    Cash received from investment retrieving
    Cash received as investment profit                                                                             28,634,444.44
    Net cash retrieved from disposal of fixed assets, intangible assets, and
                                                                                                  900.00                  8,040.00other long-term assets
    Net cash received from disposal of subsidiaries or other operational units
    China Fangda Group Co., Ltd.                                                           The 3rd Quarterly Report 2012 (Full Text)
    Other investment-related cash received
    Sub-total of cash inflow due to investment activities                                               900.00             28,642,484.44
    Cash paid for construction of fixed assets, intangible assets and other
                                                                                               3,324,945.00             1,319,780.00long-term assets
    Cash paid as investment                                                                                            1,000,000.00
    Net cash received from subsidiaries and other operational units
    Other cash paid for investment activities                                                  249,000.00
    Sub-total of cash outflow due to investment activities                                         3,573,945.00             2,319,780.00
    Net cash flow generated by investment                                                         -3,573,045.00            26,322,704.44III. Cash flow generated by financing
    Cash received as investment
    Cash received as loans                                                                  238,029,774.94           169,431,662.40
    Cash received from bond placing
    Other financing-related cash received
    Subtotal of cash inflow from financing activities                                            238,029,774.94           169,431,662.40
    Cash to repay debts                                                                     210,000,000.00           200,000,000.00
    Cash paid as dividend, profit, or interests                                               9,557,400.00             8,202,492.50
    Other cash paid for financing activities                                                   200,000.00               231,723.62
    Subtotal of cash outflow due to financing activities                                         219,757,400.00           208,434,216.12
    Net cash flow generated by financing                                                          18,272,374.94           -39,002,553.72IV. Influence of exchange rate alternation on cash and cash equivalents
    V. Net increase of cash and cash equivalents                                                  18,295,590.74            -6,890,000.54
    Plus: Balance of cash and cash equivalents at the beginning of term                      24,337,261.80            30,252,759.44
    VI. Balance of cash and cash equivalents at the end of term                                   42,632,852.54            23,362,758.90
    Legal representative: Xiong Jianming     CFO: Lin Kebing Accounting Manager: Chen Yonggang(II) Auditors’ Report
    Auditors’ Opinion                                                             Not audited
                                                                                               China Fangda Group Co., Ltd.
                                                                                                   October 31, 2012